Panoro Minerals Ltd. (Panoro) is a Canadian-registered resource company, based in Vancouver, Canada and in Lima, Peru, and is publicly listed on the Toronto Stock
Exchange Venture Exchange (TSX-V) as PML.V. Panoro is a mineral exploration company focused on exploring and developing its copper-molybdenum and copper-gold deposits in Peru.
This technical report and resource estimate covers the Cotabambas copper-gold porphyry Property (the Property or the Project) in the Apurimac Region of southern Peru, situated approximately 50 km southwest of Cusco.
Panoro retained Tetra Tech to produce a new National Instrument 43-101 (NI 43-101) compliant resource estimate and technical report on the Property. This technical report conforms to the standards set out in NI 43-101 Standards of Disclosure for Mineral Projects and is in compliance with Form 43-101F1. The Qualified Persons (QPs) responsible for this report are: Mr. Paul Daigle, P.Geo., Senior Geologist with Tetra Tech; Dr. Robert Sinclair Morrison, Ph.D., MAusIMM (CP), P.Geo., former Lead Resource Geologist with Tetra Tech; and Dr. Jianhui (John) Huang, Ph.D., P.Eng., Senior Metallurgist with Tetra Tech.
Mr. Paul Daigle, P.Geo., conducted a site visit to the Property from June 3 to 7, 2013, inclusive. The Project site and drill core logging and sampling facilities were inspected for one day during the site visit. Drill core from the Property are stored at site and in a secure warehouse in Cusco and was also inspected for one day. Mr. Daigle was accompanied on the site visit by Mr. Luis Vela Arellano, Vice President Exploration for Panoro and Mr. John Romero Villanueva, Chief Project Geologist for Panoro. Mr. Daigle also met with Mr. Edwin Mayte, Manager Technical Services for Panoro at the warehouse in Cusco and the office in Lima.
The Property is defined by the mineral rights to 17 mining concessions (Rosseló 2013) and are currently 100% held by Panoro Apurimac S.A., a 100% subsidiary of Panoro. The 17 mining concessions cover an area of approximately 15,900 ha.