The Los Colorados Project is located approximately 455 km southeast of Lima, near Acari in the Province of Caravelí, Department of Arequipa, Peru. The project is situated at an average elevation of approximately 2,000 meters above sea level, providing strategic access to one of Peru's most prospective mining regions.

The Los Colorados Project has undergone a comprehensive exploration program, including detailed geological mapping, geochemical sampling, ground induced polarization (IP) and magnetic geophysical surveys, helicopter-borne magnetic and radiometric surveys, and the development of a targeted drilling program.

The Los Colorados Project hosts a highly prospective porphyry system capped by an extensive lithocap, a geological setting commonly associated with large-scale mineral deposits. The project is underlain by volcaniclastic rocks and andesitic lava flows intruded by felsic to intermediate dikes and stocks, reflecting a dynamic mineralizing environment.

A prominent 2.5 km by 1 km quartz-sericite alteration zone forms the core of the system and is characterized by advanced hydrothermal alteration minerals, including quartz, alunite, sericite, illite, kaolinite, talc, hematite, and jarosite, with locally disseminated pyrite. This extensive alteration footprint highlights the project's strong exploration potential and supports the presence of a significant porphyry-related mineralizing system.