- Business
- Newport Exploration Ltd. (NWXPF) explores for and develops mineral properties, primarily focusing on gold, silver, and copper deposits. The company holds interests in the AntaKori project in northern Peru, a high-grade copper-gold-silver skarn deposit spanning approximately 18,000 hectares; the Los Angeles copper-gold project in Peru; and the Bilyalla gold-copper project in Australia. Its services include geological mapping, drilling programs, resource estimation, and feasibility studies for mineral extraction [ from prior].
Founded in 2014 and headquartered in Vancouver, Canada, Newport Exploration operates principally in Peru and Australia, targeting junior mining investors and strategic partners in the resource sector. The company conducts exploration activities through joint ventures and option agreements, with subsidiaries such as Newport Peru S.R.L. managing local operations [ from prior].
In recent developments, Newport completed a non-brokered private placement in 2024 raising CAD 1.2 million for AntaKori drilling; announced positive metallurgical test results for AntaKori in early 2025 showing high copper and gold recoveries; and entered a strategic alliance with a Peruvian mining firm for Los Angeles project advancement. Additionally, the company expanded its land position at Bilyalla through staking in mid-2025 and reported initial drill intercepts confirming mineralization continuity at AntaKori. These changes underscore Newport's shift toward aggressive resource delineation and potential production partnerships amid rising metal prices.