Report Highlights

  • GRG has completed a maiden resource estimate on its flagship San Pietro copper-gold-iron-cobalt project in Chile, the largest copper-producing nation in the world.
  • San Pietro is located in between three copper projects operated by Capstone Copper (TSX: CS/MCAP: $6.4B), including an operating open-pit mine.
  • The company has delineated a substantial inferred resource totaling 4.4 Blbs  of CuEq at 0.41%. We believe San Pietro has significant resource expansion potential, with mineralization open in multiple directions, and 50% of the project area remaining untested.
  • GRG is planning a phase three drill program in Q3-2025 to explore multiple underexplored targets, and perform infill drilling within the resource area, aiming to potentially identify higher-grade zones, and upgrade the current resource estimate to the measured and indicated categories.