Panoro Minerals Ltd (POROF) Financial

Panoro Minerals Ltd. engages in the acquisition, exploration, and development of mineral properties. The company is headquartered in Vancouver, British Columbia. The company went IPO on 2003-06-06. The firm is principally engaged in the acquisition, exploration, and development of mineral properties in Peru. The company is advancing its flagship Cotabambas Copper-Gold-Silver Project (the Cotabambas Project) located in the strategically important area of southern Peru. In addition to the Cotabambas Project, the Company retains a minority equity interest in the Antilla Copper Project plus a 2% net smelter return (NSR) royalty. The firm also owns three early-stage exploration projects in Peru. Its Cotabambas project is a porphyry copper-gold-silver deposit, located 48 kilometers southwest of the city of Cusco, in the Apurimac region in Southern Peru. Its Humamantata property is located in Southern Peru and covers an area of 3,600 hectares.