Mining Stock Daily Introduction to King Copper Discovery and the Colquemayo Project
Oct 22, 2025
Jonathan Richards, CEO of King Copper Discovery, dives into the exciting Colquemayo Project in southern Peru. He discusses the company's evolution from Turmalina Metals and highlights the strategic financing and expert team behind their exploration efforts. Listeners learn about Colquemayo's impressive drill history, plans for extensive core relogging, and the anticipated 2026 drilling program targeting high-grade porphyry. Jonathan also shares insights on market interest and the crucial steps toward securing necessary permits.
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District-Scale Porphyry Potential
- The Colquemayo corridor covers about 12 by 3–4 km with 27,000 m of past drilling that outlines a district-scale target.
- King Copper plans to vector from historic holes to target deeper porphyries beneath large lithocaps next season.
Historic High-Grade Intercepts
- Rio Tinto and Buenaventura drilled the project historically, totaling roughly 27,000 meters.
- One historic hole reported 237 m at 2.4% Cu including 15 m at 27% Cu, which drew significant attention.
Enargite Caps Overlie Deeper Porphyries
- Surface mineralization is dominated by copper-arsenic enargite caps that cap underlying porphyries.
- King Copper believes prior programs targeted shallow epithermal mineralization, not the deep porphyry target they will now pursue.