to the Cahua hydroelectric plant, with access to the national grid
Elida · Peru · Investor feature
1,534.6 Metres at 0.58% CuEq, With Two Rigs Still Turning
A drill travelled one and a half kilometres through rock, reporting copper, molybdenum and silver almost all the way down. Two rigs were still turning. The next surprise sits outside the hole.
1,534.6 mreported mineralized interval
0.58% CuEqreported copper equivalent
2 rigsactive when results arrived
Technical note: reported intervals follow the drill hole; true widths have not yet been established.
The signal
The hole is the headline. The setting changes what comes next.
On July 23, Element 29 Resources reported 1,534.6 metres grading 0.58% copper equivalent in hole ELID035—including 1,071.1 metres at 0.61% CuEq beyond the current resource estimate.1
It was one test inside a programme that was not yet halfway finished. Two rigs were active, with 4,885.5 metres of a planned 10,000 metres complete.1
That drilling tells the geological story. The infrastructure around Elida begins a different one: what a future builder may not have to create from scratch.
The infrastructure field
Power is part of the project story.
Elida is not a mine and power proximity is not a power agreement. But a hydroelectric plant and national-grid access near the project belong in the same frame as roads, ports and elevation: the systems that shape a future development question.
secondary-road route inland from Barranca
to two mapped deep-water port options
representative project elevation in the supplied 25-project comparison
Contextual electrical-infrastructure image, not Elida project photography. “High-voltage switchgear at a transmission substation,” Novoklimov, CC0 1.0.
The next test
Rock, setting and scale still have to connect.
The long intercept caught attention. The unfinished programme gives investors a reason to keep it. The next estimate and recovery work must show whether the scale implied by drilling can become a more credible development picture.
This concept makes infrastructure a quiet visual current through that argument—present enough to be felt, restrained enough that the project remains the protagonist.
01DrillingTests continuity
02New estimateMaps connected scale
03Recovery workTests a saleable product
04Mine planningTests the whole system