📋 Tender Overview
During Expocobre 2024, Eng. William Martinez, specialist in economic geology from the Directorate of Mineral and Energy Resources of the Geological, Mining and Metallurgical Institute (Ingemmet), presented the presentation entitled Magmatic FLARE-UP at the KT boundary, as a precursor to the CU-MO porphyries in southern Peru.
During this presentation, he stated that our country should take advantage of the global demand for copper and reported on the characteristics of metallotects from the Toquepala, Yarabamba and Incapuquio Groups and their relationship with Cu-Mo (copper-molybdenum) porphyry mineral deposits.
He pointed out that on the southern coast of Peru there are rocks from the Jurassic and Cretaceous-Paleogene periods, which have important geological characteristics. These include volcanic metallotects from the Toquepala Group, structural faults such as the Incapuquio Fault System and lithodemics from the Yarabamba and Tiabaya Superunits. These units developed from the evolution of calc-alkaline magmatism, maintaining patterns of subduction, transtension and extension.
The study highlights the importance of the Incapuquio Fault System as a channel for magmatism, which preceded the mineralizations of the region, especially the Copper-Molybdenum porphyry deposits. The research seeks to provide new knowledge about the metallotects of the Toquepala, Yarabamba and Incapuquio Group in paleo-tectonic and paleo-magmatic terms. In addition, it aims to predict exploration targets using advanced tools such as Artificial Intelligence.
Ing. Martinez stated that Peru, with its enormous geological potential, should take advantage of this opportunity: Important projects and the exploration of new porphyritic systems should be launched in the medium term to replace century-old mines such as Cuajone, Toquepala and Cerro Verde.
Finally, the prediction and discovery of these Cu-Mo porphyry deposits is expected to be crucial to meeting the growing global demand for copper, which is expected to triple by 2050.
