Panoro Extends Deep Copper-Gold Mineralization at Peru’s Cotabambas Project

Published: Sep 8, 2026 09:44
Panoro Minerals reported new drilling results from its Cotabambas copper-gold project in Peru, with hole CB-230 intersecting 808.15 metres averaging 0.22% Cu and 0.10 g/t Au, including 48.1 metres at 0.57% Cu and 0.25 g/t Au. The latest drilling confirms mineralization extending from surface to beyond 1,100 metres depth and across roughly 600 metres of strike, while the limits of the system have yet to be defined. Panoro expects the South Pit’s high-grade resource component to expand as step-out drilling continues.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
Copper Plate/Sheet and Strip: Copper Prices and Off-Season Weigh on August Operating Rates; YoY Performance Still Strong Supported by Rigid Demand [SMM Analysis]
13 mins ago
Copper Plate/Sheet and Strip: Copper Prices and Off-Season Weigh on August Operating Rates; YoY Performance Still Strong Supported by Rigid Demand [SMM Analysis]
Read More
Copper Plate/Sheet and Strip: Copper Prices and Off-Season Weigh on August Operating Rates; YoY Performance Still Strong Supported by Rigid Demand [SMM Analysis]
Copper Plate/Sheet and Strip: Copper Prices and Off-Season Weigh on August Operating Rates; YoY Performance Still Strong Supported by Rigid Demand [SMM Analysis]
[Copper Plate/Sheet and Strip: Copper Prices and Off-Season Weighed on August Operating Rates, Yet YoY Performance Remained Strong on Rigid Demand Support] According to SMM, the operating rate of the copper plate/sheet and strip industry in August 2026 was...
13 mins ago
Enameled Wire Firms Worry Over High Copper Prices and Holiday Impact on September Market Recovery
14 mins ago
Enameled Wire Firms Worry Over High Copper Prices and Holiday Impact on September Market Recovery
Read More
Enameled Wire Firms Worry Over High Copper Prices and Holiday Impact on September Market Recovery
Enameled Wire Firms Worry Over High Copper Prices and Holiday Impact on September Market Recovery
According to SMM, enameled wire enterprises currently still harbor multiple concerns regarding the September market: on one hand, copper prices remain elevated, and coupled with the home appliance industry—as an important end-user sector for enameled wire—having yet to show clear signs of seasonal recovery, demand-side uncertainties are raising concerns about the overall strength of September's market recovery; on the other hand, September sees the Mid-Autumn Festival holiday eating into production hours, while the National Day holiday falls at the end of the month, and copper price trends will directly affect downstream pre-holiday restocking sentiment.
14 mins ago
Enameled Wire Industry Operating Rate Continues to Decline in August; Multiple Uncertainties Cloud September Market
17 mins ago
Enameled Wire Industry Operating Rate Continues to Decline in August; Multiple Uncertainties Cloud September Market
Read More
Enameled Wire Industry Operating Rate Continues to Decline in August; Multiple Uncertainties Cloud September Market
Enameled Wire Industry Operating Rate Continues to Decline in August; Multiple Uncertainties Cloud September Market
According to SMM, the comprehensive operating rate of the enameled wire industry in August 2026 stood at 67.95%, down 2.02 percentage points month-on-month but up 1.4 percentage points year-on-year. Among them, the operating rate of large-sized enterprises was 71.87%, that of medium-sized enterprises was 56.95%, and that of small-sized enterprises was 67.38%.
17 mins ago
Panoro Minerals reported new drilling results from its Cotabambas copp - Shanghai Metals Market (SMM)