Sora is located west of the Santa Lucia mining district and is part of Colt Silver’s acquire and hold strategy where drill discovery on neighbouring projects may add significant value.
Panam Copper Corp.purchased the Pinaya copper-gold project in Peru from Ivanhoe Electric for US$11 million consideration on April 27, 2026. Pinaya has its DIA (environmental permit approving 40 drill holes).
Panam Copper plans to commence deep target drilling in 2027 to test for the larger underlying porphyry source that feeds the outcropping surface resource.
Sora is located 110 km north-northeast of Arequipa and is accessible via paved Highway 30B and maintained gravel roads. The project is a ~2-hour drive from Colt Silver'’s Juliaca field office.
Nearby Pinaya hosts a 2016 NI 43-101 resource of 42 Mt at 0.32% Cu and 0.49 g/t Au Measured & Indicated, plus 40 Mt at 0.36% Cu and 0.30 g/t Au Inferred.
Ivanhoe Electric proprietary "Typhoon" induced polarization (IP) technology has identified deep-seated geophysical anomalies on the property.
Colt's Sora applications cover ground south of the Pinaya resource along the NW-SE magnetic trend. Further mapping and sampling is planned for 2026.