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OTCQB: EMTRF
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Paka Project

The Paka porphyry copper-(gold-silver-zinc) skarn project (previously referred to as the Muñaorjo project) consists of 1,000 hectares and is 100% owned by Element 29, subject to a 2% net smelter return royalty.

The project is located approximately 200 kilometres northeast of Arequipa, Peru within the probable northwest continuation of the Paleocene-aged Southern Peru Copper Belt, which is host to several very large porphyry copper deposits including the Cerro Verde mine (Freeport-McMoRan) and the Toquepala mine (Southern Copper).

The property is centered on a large, 4.3 x 1.3 kilometre porphyry related hydrothermal alteration zone and covers a limestone sequence intruded by diorite and granodioritic rock units. Hydrothermal recrystallization in the limestone is extensive on the property and includes a central area containing skarn, quartz-limonite stockwork, hydrothermal brecciation, and associated strong copper-(gold-silver-zinc) mineralization exposed within a 480 x 280 metre area. Rock sample results for this area (58 rock samples) are highly anomalous and returned assay results up to 4% copper. This porphyry copper skarn alteration is related to a deeper Tertiary-aged porphyry complex intruded along the anticlinal axis of middle Cretaceous-aged Acurquina Formation limestones. The skarn alteration is also open to the northwest where it is unconformable overlain by thin post-mineralization Miocene-aged Huaylillas volcanoclastic sequences.

This porphyry copper skarn target has not been drill-tested. Environmental baseline studies and community engagement are planned for 2024 with expectations of receiving drill permits in Q2 2025.

Flor de Cobre Project Map

Flor de Cobre Project Map

Flor de Cobre Project Map

Flor de Cobre Project Map

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