Regulus Resources Inc (TSXV:REG)


Regulus Resources Inc. is a TSX Venture Exchange listed exploration company based in Vancouver, Canada. The company is focused on the evaluation of the giant Rio Grande porphyry Cu-Au system located in the mining friendly province of Salta in the Puna district of NW Argentina.

Take a look of GCFF’s interview with Regulus Resources at GCFF Resource Investment Conference – Vancouver 2020 (Jan 18, 2020) .

Stock Chart

Share Structure

  Shares issued   101,844,844
  Warrants outstanding   9,829,883
  Options outstanding   8,100,000
  Fully diluted   119,774,727
  Cash – Dec 31, 2019   C$9.6 MM
  Share price – Jan 14, 2020   C$1.30
  Market capitalization   C$132 MM

Investment Highlights

  • Well‐funded – CAD$10.6 million cash (01 May 2017).
  • Collaborative exploration agreements in place with neighbors, giving access to much larger area at Antakori.
  • Proven Track Record – Management’s previous Antares and Haquira Discovery


  • REG now has a strong portfolio of 10 projects located in 5 countries.
  • Two of these projects, including the flagship AntaKori Cu-Au-Ag project in Peru, have reportable resources.

Flagship AntaKori Cu‐Au‐Ag Project

  • Regulus controls strategic portion of an emerging Cu‐Au‐Ag discovery.
  • Immediately adjacent to two modern operating mines (Tantahuatay and Cerro Corona).
  • Limited drilling has defined a substantial 43-101 compliant resource that is open in most directions (70 holes – 17,600m).
  • Potential to be next major discovery in Peru.

Management Profiles

John E. Black, B.Sc., M.Sc. CEO & Director

John Black is an economic geologist with more than 30 years of exploration experience in The Americas, Central Asia, the SW Pacific, and Eastern Europe/Western Asia. He first worked in South America in 1993 and has been actively involved in mineral exploration throughout the continent for several companies since that time. His professional credentials include a B.Sc. degree in Geology from Stanford University in 1983 and an M.S. degree in Geology – Ore Deposits Exploration from the same Universi

Fernando Pickmann President, COO & Director

Mr. Pickmann has a law degree and an LLM in corporate Law and over 20 years of corporate, securities and mining law experience. His legal practice has been focused advising significant mining companies in Peru. He has acted as internal legal advisor of Peruvian Government on the Mining Privatization Committee of CENTROMIN PERU; he has been board member of several public and private junior mining companies and board member of PERU PETRO (oil and Gas Peruvian Agency) and is currently partner of GA