The Pluma Copper Silver Project located in an emerging red-bed hosted copper district in north eastern Peru. Colt Silver’s strategy is to maintain the Pluma project while Hannan Metals carries out a drilling program on their adjacent San Martin project.
Pluma is north and contiguous to Hannan Metals Limited’s (“Hannan”) San Martin Sediment-Hosted Copper Silver Project. Hannan has stated that it plans to carry out an inaugural 2,000 metre drilling program.
Hannan eceived its primary environmental permit, the Declaración de Impacto Ambiental (DIA), from the Peruvian Ministry of Mines, authorizing maiden and low-impact drilling programs across platforms like Tabalosos East.
Pluma is located in northeastern Peru’s San Martin department, accessible via paved Highway PE-5N from Tarapoto or Moyobamba.
Exploration targets sediment-hosted Cu-Ag deposits, which account for ~20% of global copper resources and include major districts such as the Central African Copperbelt and Kupferschiefer.
Pluma lies within a deformed Triassic-Jurassic basin with thick evaporites, where Andean compression may have created pathways and traps for mineralizing fluids.
Colt holds 2D seismic data that can help identify salt domes and structural traps. No drilling has been completed and no exploration is planned for 2026.
