Drilling is focused on two targets comprising shallow, highly conductive electromagnetic anomalies.
Ottawa cracked down on mining deals involving foreign state-owned entities in 2022 in a move widely seen as targeting China’s influence in the global critical minerals supply chain.
The company's El Domo-Curipamba project represents Ecuador's next big mine after Mirador and Lundin's Fruta del Norte.
The gold miners’ stocks are enjoying a strong summer, recently surging to new bull highs.