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Pacific Rubiales announces joint venture in Peru with Maurel & Prom

Pacific Rubiales announces joint venture in Peru with Maurel & Prom

TORONTO, CANADA – Pacific Rubiales Energy Corporation has announced Wednesday that it has signed a letter of intent with Les Etablissements Maurel & Prom S.A. (“M&P”) pursuant to which the Pacific Rubiales has acquired a 50% working interest in the exploration contract for Block 116 (or Lote 116) located in northeastern Peru. The block has [...]

Forrester completes CSAMT survey across the Las Princesas Project, Peru

Forrester completes CSAMT survey across the Las Princesas Project, Peru

SANTIAGO DE CHUCO – Forrester Resources Corporation announced this week that it has completed a Controlled Source Audio-magnetotellurics (“CSAMT”) geophysical survey and ground magnetic survey across the Las Princesas Project, Peru. The Forrester CSAMT results are highly encouraging for Las Princesas, as the survey has outlined a broad, deep linear resistivity low feature trending east-southeasterly [...]

Strait Gold identifies large copper-in-soil anomaly at Alicia Project, Peru

Strait Gold identifies large copper-in-soil anomaly at Alicia Project, Peru

LIMA – Strait Gold Corporation, a Canadian mineral exploration company active solely in Peru, has announced that results of an extensive soil sampling program have identified a new copper-in-soil anomaly over an area near the known copper mineralized zone at its Alicia property in Peru. More detailed soil sampling will be undertaken within this anomaly [...]

Zoro Mining Enters Into Agreement to Earn Majority of Consolidated Yura District, Peru

Zoro Mining Enters Into Agreement to Earn Majority of Consolidated Yura District, Peru

AREQUIPA – The Zoro Mining Corporation is pleased to announce that it has entered into a binding Letter of Intent with various parties (the “Yura Agreement”), to earn up to a 75% indirect interest in the consolidated Yura Mining District (roughly 7,200 hectares), located approximately 30 km west of Arequipa, Peru. Zoro has also entered [...]

ExpoAlimentaria Peru 2011

ExpoAlimentaria Peru 2011

LIMA – The third ExpoAlimentaria, fair organized by the Exporters Association (ADEX), with the support of PROMPERU, the Foreign Affairs Ministry, Minag and Proinversion, concluded in Lima, Peru, with great success – to the point of receiving about 1800 international buyers. President of ADEX, Juan Varilias Velásquez, pointed out that until Thursday (a day before [...]