FLOR DE COBRE
Flor de Cobre is a copper porphyry located in the Southern Peru Copper Belt, 45 km south of Arequipa. Some of the world's largest copper-molybdenum porphyry deposits and mines including Cerro Verde (Freeport), Cuajone, Toquepala (Southern Copper), and Quellaveco (Anglo/Mitsubishi) reside in the Southern Peru Copper Belt.
Flor de Cobre is located ~30 km southeast of the large copper mine at Cerro Verde and ~7 km northwest of the Chapi copper mine.
The Flor de Cobre property includes Candelaria, a well-known copper prospect identified in the 1930’s and the site of a historical small-scale mining operation. Originally explored as a supergene deposit, the Candelaria Porphyry had little attention given to its hypogene deposit potential. Element 29’s exploration strategy is focused on drilling in the area of the historical resource of 57.4 Mt of 0.67% copper* and testing new targets generated by recent IP surveys on trend towards the Cerro Verde mine.