Codrus Reports High-Grade Molybdenum From Peru Project
Closing price · 2026-10-27: $0.035 · +9.37%
Codrus Minerals says initial rock-chip assays from its Tiquihua project in Peru returned molybdenum grades above 5% in three samples, while eight of the 16 samples contained between 2.2% and 4.13% molybdenum. One sample also returned copper above 10%; the company says the results support further mapping, sampling and metallurgical assessment, but the project remains at an early exploration stage.