Australian Critical Minerals (ASX:ACM) is expanding its operations into Peru with the acquisition of gold, copper, and silver projects. Managing Director Dean De Largie highlighted the strategic importance of these acquisitions, citing Peru’s rich geological landscape and its attraction for major global mining companies. The company’s new assets include the Flint, Blanca, and Riqueza projects, all of which show high potential for significant mineral deposits.
ACM plans to fast-track drilling operations across its Peruvian assets, with permitting already underway. The company aims to capitalize on Peru’s established mining infrastructure and favorable regulatory environment to efficiently explore and develop these resources. This expansion is part of ACM’s broader strategy to build a robust portfolio of critical and precious mineral assets in tier-one jurisdictions, with a focus on both Peru and Australia. The company believes that strategic drilling programs will unlock hidden value within these newly acquired projects, contributing to long-term growth and shareholder value.
