Minsud reports significant mineral resources growth at Chita Valley Deposits
Minsud transforms Chita Valley into district-scale copper-gold asset with 30% resource jump
The most recent news (February 27, 2026) reports a significant update to the Mineral Resource Estimate (MRE) for the Chita Valley Project in San Juan, Argentina. Indicated Resources increased by 30.7% to 1,033 kt copper equivalent (CuEq), and Inferred Resources grew by 37.8% to 3,333 kt CuEq. The resource is split between the Chinchillones Polymetallic deposit and the Chita South Porphyry (PSU) deposit. Notably, mineralization remains open at depth and along strike, with high-grade breccias remaining under-drilled.
The news is Material - Positive. This update validates the exploration strategy led by Dr. Renato Bobis and confirms the "district-scale" potential management has frequently messaged. - Scale: Totaling over 4.3 million tonnes of CuEq across categories is a major threshold for junior explorers, moving the project toward a size that attracts major mining suitors. - Continuity: The 30%+ growth across both categories suggests that recent "scout drilling" and "step-out" programs successfully converted exploration targets into defined resources. - Strategic Value: The project is being advanced in partnership with South32, and this resource growth significantly increases the likelihood of South32 or another major exercising further options or increasing their stake.
Minsud is a Canadian explorer focused on the Chita Valley Project in San Juan, Argentina. The project is a large-scale exploration play featuring a cluster of porphyry copper-gold systems and associated polymetallic epithermal mineralization. The flagship Chinchillones deposit is the primary value driver, characterized by high-grade breccias and extensive porphyry-style mineralization.