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Pampa Metals Further Extends Porphyry at Piuquenes Central and Commences Drilling at Piuquenes East
January 20, 2025 - TheNewswire - Vancouver, British Columbia - Pampa Metals Corp. (“Pampa Metals” or the “Company”) (CSE:PM / FSE:FIR / OTCQB:PMMCF) is pleased
About this update from Andina Copper Corporation.
[{"type":"text","content":"January 20, 2025 - TheNewswire - Vancouver, British Columbia - Pampa Metals Corp. (“Pampa Metals” or the “Company”) (CSE:PM / FSE:FIR / OTCQB:PMMCF) is pleased to advise PIU-05 2025DDH (PIU-05) has been completed to a depth of 1,104.5 m. PIU-05 was the 2nd diamond drillhole of the 2024/25 program at the Piuquenes copper-gold porphyry project in San Juan, Argentina. A 3rd drillhole has now commenced at Piuquenes East. Piuquenes Copper-Gold Porphyry Project – San Juan, Argentina Piuquenes is a newly discovered, gold rich copper porphyry deposit located immediately adjacent to the north of Aldebaran Resources’ (ALDE:TSX-V) giant Altar porphyry copper system. Other large porphyry copper projects in the San Juan Miocene porphyry belt include El Pachón (Glencore), approximately 30 km to the south, the operating Los Pelambres copper mine (60% Antofagasta plc) in Chile, and Los Azules (McEwen Mining) 50 km to the northeast. Corporate and exploration activity along the belt remains high, with major companies including Rio Tinto, South 32, BHP and Teck also active. Diamond Drillhole PIU-05 2025DDH (PIU-05) As previously reported on 10 January 2025, PIU-05 was a significant step-out, collared 220m east of PIU16-01DDH (558m @ 0.38% Cu, 0.42 g/t Au, including 130m @ 0.81% Cu, 0.6 g/t Au, refer 5 December 2023 News Release) and 270m southwest of PIU02-2024DDH (448m @ 0.42% Cu, 0.46 g/t Au, including 126m @ 0.66% Cu, 0.74 g/t Au, refer 6 May 2024 News Release). Diamond Drillhole PIU-06 2025DDH (PIU-06) Diamond drillhole PIU-06 has now commenced at Piuquenes East, considered a standout target within the Piuquenes-Altar porphyry cluster characterized by: Outcropping sinuous and banded porphyry style quartz veinlet stockwork zone; and 400 x 300m Cu-Au soil anomaly, intermediate chargeability intermediate-high resistivity Samples have been progressively dispatched to the ALS lab in Mendoza and results from PIU-04 (refer 9 January 2025 News Release) and PIU-05 are pending. Figure 1: Piuquenes – Altar Porphyry Cluster Geology and Mineralization – Diamond Drillhole PIU-05 Drill hole PIU-05 drilled transported cover to 42 m and below that to 570 m variably altered, veined and brecciated pre-mineral diorite porphyry host rock. Brecciation is predominantly pre-mineral magmatic-intrusion breccia, however local zones of magmatic-hy...