Jean Marie is a 6,300-hectare copper-gold-silver-molybdenum porphyry project located 50 kilometres west of Mt. Milligan mine.

The Vancouver-based miner signed a deal that will make it the owner of 99.9% of the shares of Minera Cachinal, which owns the Cachinal silver-gold project.

The mine, in the southern state of Oaxaca, is producing ore at its nameplate capacity of 3,000 tpd.

If permitted, Pebble would be North America’s largest mine, with an estimate resource of 6.5 billion tonnes in the measured and indicated category.

The Toronto-based junior believes there is a possibility for an extension of a mineral belt from its Lost Cities - Cutucu project in Ecuador into northern Peru.