Lupaka Gold Corp. is a Peru-focused mineral development and exploration company, with a primary focus on the Invicta gold development project in the Province of Huaura, Peru, located 120 kilometers from Lima. The company's strategy involves commencing mining operations at an initial rate of 350 tonnes per day, utilizing mining, transport, and toll mill contractors to minimize upfront capital costs and reduce the project's start-up time. Upcoming catalysts include a preliminary economic assessment "PEA" and the signing of an off-take agreement for the payable concentrate.
In addition to the Invicta project, Lupaka Gold Corp. has exploration potential at the Josnitoro property in the south of Peru. Efforts at the site have produced a concentrate with promising grades, indicating significant potential. The company's professional team in Peru has demonstrated a unique capability to explore and add resources while gaining social support with local communities.
Founded in 2000 and headquartered in Canada, Lupaka Gold Corp. recently received a $42.00K post-IPO equity investment on 18 August 2023. The company's dedication to Peru and its projects, combined with the country's exceptional combination of exploration opportunities, mining infrastructure, and government support, position it well for future success in the gold mining industry.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Post-IPO Equity | $42.00K | - | 18 Aug 2023 | |
Post-IPO Equity | $200.00K | - | 16 Sep 2022 |
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