[REVISION HISTORY]

Mogotes Metals exploration expansion and Rio Tinto stake

Updated 1 time since CLSTR started tracking revisions of this situation.

What changed

2026-09-28 06:31 UTC → 2026-10-07 09:52 UTC · added ~~removed~~

Mogotes Metals exploration ~~program~~ expansion and Rio Tinto stake

Mogotes Metals has announced an expansion of its mineral exploration activities for the 2026–2027 ~~period. The company is~~ period, targeting copper, gold, and silver across several international projects. At the Filo Sur project, located between Argentina and Chile, the company plans to increase drilling to 20,000 meters, more than tripling ~~previous activity. This program, scheduled~~ the 6,208 meters completed during the 2025/26 season. Scheduled to begin in November 2026, the program aims to expand discoveries at Albor and Cruz del Sur, test targets at Luz del Sol and Cuenca, and explore the 10 km Macho-Muerto fault zone. Other planned activities include intensified drilling at the Beskauga project in Kazakhstan, with up to 50,000 meters planned, and between 8,000 and 9,000 meters of drilling at the Copper Cliff project in Montana, USA. In October 2026, Mogotes Metals entered a new phase following a strategic investment from Rio Tinto Canada. Rio Tinto subscribed to over 30 million units at 0.70 CAD, providing Mogotes with approximately 21.27 million CAD (15 million USD) and granting Rio Tinto an initial ownership stake of roughly 5%. This investment includes a strategic and technical alliance, supporting Mogotes as it manages three major copper-gold projects across three continents.

Versions

Only revisions since CLSTR began indexing content versions appear here. Select a version to see what changed compared to the one before it.