The Igor Project is located on the central spine of the Western Cordillera of the Peruvian Andes. The regional geology consists of the Lower Cretaceous Chimú Formation (quartz arenite, black shale and local coal seams) overlying shale and intercalated sandstone, quartzite and mudstone of the Upper Jurassic Chicama Formation. Intermediate to felsic intrusive rocks of Mid to late Tertiary age are common and responsible for most of the significant mineral deposits in the area.
Metallogenically, the Igor Project is part of the Oligocene – Pliocene Gold-Silver Epithermal Belt. Important deposits are Yanacocha, Shahuindo, La Arena and Sayapullo to the north, while to the south lie Lagunas Norte, Salpo, Quiruvilca, Pashpap and Pierina. To the east, lies the Miocene Gold-Copper Porphyry Belt, which includes deposits such as Minas Conga, El Galeno and Magistral.