- CEO
- Gregory R. Davis
- Sector
- Basic Materials
- Industry
- Gold
- Address
- 650 West Georgia Street Vancouver BC Canada V6B 4N9
- IPO Date
- Jan 8, 2021
- Business
- Pucara Gold Ltd. (PCRAF) is a junior mineral exploration company engaged in the acquisition, exploration, and evaluation of precious and base metal properties in Peru. The company explores for gold, copper, lead, zinc, and silver deposits across its portfolio of projects, including 100% interests in the flagship Pacaska gold-copper project comprising twelve concessions totaling 7,650 hectares in southern Peru; the Los Tambos project covering approximately 15,793 hectares; the Paco Orco project with six concessions spanning 4,400 hectares featuring carbonate replacement targets; and the Capricho project with five concessions over 3,768 hectares targeting porphyry copper mineralization. Founded in 2011 and headquartered at 650 West Georgia Street, Suite 2110, Vancouver, British Columbia, Canada, Pucara targets epithermal high-sulfidation and porphyry systems in resource-rich districts analogous to major deposits like Peru's Pierina Mine.
In a major strategic development completed on November 20, 2024, Pucara Gold was acquired by Copper Standard Resources Inc. (CSE: CSR) through a court-approved plan of arrangement, under which former Pucara shareholders received 0.10 Copper Standard shares per Pucara share, resulting in the issuance of approximately 7.66 million new Copper Standard shares. This business combination, initially announced on September 10, 2024, consolidates Pucara's over 17,000-hectare Peruvian copper-gold portfolio with Copper Standard's assets, including the Colpayoc property, to form an Americas-focused exploration entity emphasizing synergies in management, community relations, and permitting for projects like Pacaska. Concurrent with the arrangement, Copper Standard completed a subscription for 8,415,765 Pucara units at C$0.03 each to fund transaction costs and working capital, with Pucara shares anticipated to be delisted from the TSX Venture Exchange shortly thereafter.