The El Cedro prospect lies to the south of the same integrated licence that hosts both other key prospects, Pepas and APTA, and is roughly 4km south of the APTA base camp.
Work on the area began some years before Orosur’s tenure, when Anglo American undertook reconnaissance mapping and sampling, identifying a highly prospective gold/copper porphyry system. An extensive area of anomalous soil and rock chip geochemistry was delineated. No drilling was undertaken.
Work on the prospect did not progress until late 2021, when the Company’s previous JV partner MMA, re-entered the area to carry out mapping, sampling and ground geophysics that largely confirmed Anglo American’s previous work and mapped two large dioritic intrusions and associated hydrothermal systems within a broad N-S structural corridor. No drilling was undertaken.
Post resumption of control of the Project in November 2024, the Company completed larger scale surface mapping programs, geochemical surveys and drone mounted magnetic surveys, focusing on identifying structures and hydrothermal features proximal to the intrusions that could have the potential for higher grade metal accumulations.
First drilling commenced at the El Cedro system in late August, 2026.
A drilling program is currently underway, with a number of holes planned to test the intrusions and flanking structures for potential hydrothermal development.