The mineralised porphyry at Chanape has important similarities to the nearby Toromocho porphyry - a
1.5Bt Cu, Ag, Mo porphyry deposit being developed by Chinalco International. Toromocho is located
30km northeast of Chanape and is believed part of the same regional cluster of porphyries that also
includes the Codicada porphyry and the newly discovered Ticlio porphyry.
Chinalco International recently listed on the Hong Kong exchange, raising approximately US$435m, and
is scheduled to commence production at Toromocho in late 2013.
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