Frontier Exploration (‘FrontierX’) is pleased to announce an agreement with Vale Base Metals (‘VBM’) to explore for large-scale porphyry copper systems in a prolific mineral belt of Southern Peru.
Highlights
- Vale Base Metals holds a globally strategic exploration portfolio. FrontierX will be supporting VBM’s discovery goals by exploring a highly prospective greenfield porphyry copper play within its South American portfolio.
- The exploration area spans over 1,500km2 and is situated in the world-class copper belt that is host to Quellaveco (Anglo American), Cerro-Verde (Freeport McMoRan), Toquepala and Cuajone (Southern Copper).
- FrontierX will review and rank prospects and plan to execute exploration to accelerate drilling and discovery in a defined area in Southern Peru (subject to mutually acceptable future agreements).
- The work will be fully funded by VBM.
Fabian Baker, FrontierX Chief Executive Officer, said:
“Vale Base Metals hold a large and strategic position in this preeminent porphyry copper belt of Southern Peru, and we are very excited to deploy the FrontierX team and model onto the project. Few exploration plays can so confidently claim potential for world-class copper discoveries. We are proud to be working with Vale Base Metals, one of the worlds leading base metal miners, and look forward to supporting their excellent team in advancing this opportunity.”
Ciara Talbot, VBM Director of Exploration, said:
“We have ambitious discovery goals at Vale Base Metals and are pleased to be working with the team at FrontierX. Their model offers a forward-thinking approach, leveraging our data and exploration portfolio to accelerate our discovery opportunities in copper.”
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For more information please contact discovery@frontier-exploration.com or visit our website www.frontier-exploration.com.
About FrontierX®
Designed from the ground up to create a unique environment to support successful exploration behaviours. FrontierX harnesses the power of partnership to deliver agile, focused and high-quality exploration programmes. By operating outside of short-term funding cycles and public market distractions, FrontierX can concentrate on what matters most: operational excellence, disciplined decision-making and long-term value creation.
FrontierX brings together the best attributes of both large and small companies. From majors, it draws on scale, deep experience and a long-term perspective. From smaller explorers, it adopts speed, flexibility and a sharp technical focus. The result is an exploration business designed to move quickly, test ideas rigorously and deploy capital efficiently, without compromising on quality.
With a commitment to building enduring partnerships and a pipeline of quality exploration opportunities, FrontierX aims to become a leading dedicated exploration company, one capable of delivering meaningful discoveries for communities and our partners globally.