Regulus Resources (REG) - Copper Resurgence in Chile

Regulus Resources is a Canadian exploration company formed in December 2010 under the directorship of the former management of Antares Minerals: John E. Black, Dr. Kevin B. Heather and Mark Wayne. Regulus was created through the spin-out of the Rio Grande Cu-Au project in Argentina at the conclusion of the sale of Antares to First Quantum Minerals for approximately C$650 million, primarily for the giant Haquira Cu-Mo-Au deposit in Peru. Regulus’ focus is on the AntaKori project in Northern Peru where it drilled continuously throughout 2018. The Phase I drilling program was completed by October 2018 and was utilized to calculate the updated Resource Estimate reported on March 1, 2019. Upon conclusion of the Phase I drilling program, the Company entered directly into the Phase II drilling program.