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San Juan: Pampa Metals Corp. Announces Diamond Drilling Program Design for Piuquenes Central Copper-Gold Project

January 18, 2024
2 mins min reading
San Juan: Pampa Metals Corp. Announces Diamond Drilling Program Design for Piuquenes Central Copper-Gold Project
San Juan: Pampa Metals Corp. Announces Diamond Drilling Program Design for Piuquenes Central Copper-Gold Project
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Pampa Metals Corp. has unveiled the completion of the design for its diamond drilling program aimed at showcasing the potential of the Piuquenes Central copper-gold project in San Juan. The project area hosts a mineral body reaching a depth of 1,000 meters and a diameter of 300-500 meters.

By Panorama Minero

The diamond drilling program, consisting of up to 4 drill holes, including two priority holes approximately 850-900 meters deep, will commence in mid-month. The primary objective of the program is to evaluate the depth and lateral extent of the known mineralization at Piuquenes Central.

The first drill hole (REC-01) will be oriented along a northeast-southwest geological section, close to historical holes P8A (Inmet) and PIU16-DDH01 (Anglo), aiming to extend the depth of the known mineralization on the southwest edge of the Piuquenes Central porphyry. The second one (REC-02) will be oriented along an east-west section, near historical holes P4 and P2 (Inmet), to test the lateral extension of the mineralized body, primarily along the western edge of the Piuquenes Central porphyry. A third and possibly a fourth drill hole will focus on extending the known depth towards the northeast and southeast edges of the Piuquenes Central mineral body, aiming to validate a potential mineral body reaching 1,000 meters in depth and 300-500 meters in diameter.

Regarding the initiation of exploration activities, Joseph van den Elsen, the company's President and CEO, stated, "We are very pleased to have quickly identified and secured the Piuquenes copper-gold porphyry project and immediately mobilized on the first of an aggressive and multi-phase exploration program to test its exceptional potential."

About Pampa Metals and Piuquenes Central Project

Pampa Metals is a post-discovery copper-gold-molybdenum porphyry exploration company listed on the Canadian Stock Exchange (CSE:PM), Frankfurt (FSE:FIRA), and OTC (OTCQB:PMMCD) exchanges.

In November 2023, the Company announced it had entered into an Option and Joint Venture Agreement for the acquisition of an 80% interest in the Piuquenes Copper-Gold Porphyry Project in San Juan Province, Argentina.

Historical intervals of significant copper and gold mineralization at Piuquenes Central include:

-413.5 m (167-580.5 m) @ 0.47% Cu and 0.52 g/t Au (0.87% CuEq)
-558.2 m (362-920.2 m EOH) @ 0.38% Cu, 0.42 g/t Au and 2.4 g/t Ag (0.73% CuEq)*including 130 m (362-492 m) @ 0.81% Cu, 0.6 g/t Au and 4 g/t Ag (1.31 % CuEq)

Published by: Panorama Minero

Category: News

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