Regulus Resources Announces Agreement with Corescan as Drilling Set to Commence at Antakori Copper-GOLD Project, PERU
REGULUS RESOURCES ANNOUNCES AGREEMENT WITH CORESCAN AS
DRILLING SET TO COMMENCE AT ANTAKORI COPPER-GOLD
PROJECT, PERU
March 22, 2017, (Vancouver, BC) – Regulus Resources Inc. ("Regu lus", REG TSX.V) i s v e r y pleased to
announce the signing of an agreem ent with Corescan S.A.C. of Pe ru, a member of the Corescan Group of
Companies (“Corescan”) for the provision of an onsite laborator y at Cajamarca, northern Peru, for the scanning and
analysis of drill core and other geological samples from Regulu s’s AntaKori copper-gold project and surrounding
interests.
Corescan’s laboratory will acquire high resolution hyperspectra l imagery, photography and laser profiler
measurements of the core surface, with the data processed and i nterpreted by Corescan’s spectral geology team,
delivering detailed alteration information, mineralogical assem blage maps, compositional variations, mineralogical
textures and various geotechnical parameters. The utility of th is world class, innovative dataset will not only be key
to Regulus’s ongoing exploration activities in the region, but will positively impact future project development,
mine engineering, environmental planning and mineral processing.
Under the scope of the initial contract, Corescan will scan and process ~15,000m of historical drill core and a
minimum of 15,000m of new drill core from Regulus’s AntaKori pr oject during 2017. Drilling is scheduled to
commence prior to the end of March at the AntaKori project and the execution of the Colquirrumi definitive
agreement (see Press Release dated January 3rd, 2017) is anticipated within the same time frame.
John Black, Chief Executive Officer of Regulus, commented as follows: “We are very excited to be approaching
the initiation of drilling at our AntaKori copper-gold project and to be one of the first companies to have a
dedicated Corescan laboratory on site for the duration of a major drilling campaign. The use of Corescan
technology will greatly increase the quality and consistency of the geological data that we collect and is very
consistent with our policy of best technical practices when we are delin eating a major mineral resource. The
Corescan laboratory is installed and operating in our Caja marca core storage facility. We are currently scanning
historical drill core but look forward to working with new core in the ne xt few weeks. Additional details of the 2017
drilling campaign will be provided as drilling commences.”
For Further Information, please contact:
Regulus Resources Inc.
John E. Black, CEO / Director
Phone: +1 303 618-7797 mobile
+1 720 514-9036 office
Email: [email protected]
About Regulus Resources Inc. (www.regulusresources.com)
Regulus Resources Inc. is an international mineral exploration company run by an expe rienced technical and
management team, with a portfolio of precious and base metal ex ploration properties located in North and South
America. For further information on Regulus Resources Inc., please consult our website.
About Corescan (www.corescan.com.au)
Corescan is global services company specialising in the scanning, analysis and interpretation of drill core, rock chips
and other geological samples for the mining, oil and gas, geoth ermal and geotechnical industries. As a service
driven company, Corescan seeks to be the partner of choice for companies that demand greater objectivity, quality,
efficiency and return from their investment in drilling.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the
TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward Looking Information
Certain statements regarding Regulus, including management's assessment of future plans and operations, may
constitute forward-looking statements under applicable securities laws and necessarily involve known and unknown
risks and uncertainties, most of which are beyond Regulus' control. Often, but not always, forward-looking
statements or information can be identified by the use of words such as "plans", "expects" or "does not expect", "is
expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate" or
"believes" or variations of such word s and phrases or statements that certa in actions, events or results "may",
"could", "would", "might" or "will" be taken, occur or be achieved.
Specifically, and without limitation, all st atements included in this press release that address activities, events or
developments that Regulus expects or anticipates will or may occur in the future, including the proposed exploration
and development of the Anta Kori project describe d herein, and manage ment's assessment of future plans and
operations and statements with respect to the completion of the anticipated exploration and development programs,
may constitute forward-looking statements under applicable securities laws and necessarily involve known and
unknown risks and uncertainties, most of which are beyond Regulus' control. These risks may cause actual financial
and operating results, performance, levels of activity and achievements to differ materially from those expressed in,
or implied by, such forward-looking statements. Althou gh Regulus believes that the expectations represented in
such forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be
correct. The forward looking statements contained in this press release are made as of the date hereof and Regulus
does not undertake any obligation to publicly update or revise any forward-looking statements or information,
whether as a result of new information, future events or otherwise, unless so required by applicable securities law.