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Pampa Metals Initiates Geophysical Survey at its Cerro Buenos Aires Copper & Precious Metals Project in Chile
VANCOUVER, BC / ACCESSWIRE / May 12, 2021 / Pampa Metals Corp. ("Pampa Metals" or the "Company") (CSE:PM) (FSE:FIRA) (OTC PINK:PMMCF) is pleased to provide an u
About this update from Andina Copper Corporation.
[{"type":"text","content":" VANCOUVER, BC / ACCESSWIRE / May 12, 2021 / Pampa Metals Corp. (\"Pampa Metals\" or the \"Company\") (CSE:PM) (FSE:FIRA) (OTC PINK:PMMCF) is pleased to provide an update on its exploration programs as well as announcing that the company has initiated a gradient array induced polarisation (IP) geophysical survey at its Cerro Buenos Aires copper and precious metals project in northern Chile. Pampa Metals is pleased to be advancing its exploration program in a rapid and efficient manner since inception less than 6 months ago, with 3 projects already subject to detailed surface mapping and geophysical surveying, and 2 projects subject to a Letter Agreement with Austral Gold Ltd. that will allow for a rapid advance of their exploration. An additional project, Block 3, is currently undergoing detailed geological mapping, with results to be reported in due course. An initial drilling program is being planned for implementation around mid-June, with the highest priority targets delineated to date to be tested. As previously reported (see news release dated April 28, 2021), the Company completed a comprehensive geological mapping exercise with the identification of two porphyry-related target areas, and the potential to host yet more, at its Cerro Buenos Aires project located along the highly prospective Paleocene Belt (or Central Depression) of northern Chile. The Company can now report that a gradient array IP survey, with combined resistivity and magnetotelluric (MT) measurements, has been initiated with Southern Rock Geophysics in the northern target area around Cerro Chiquitín. Gradient array datasets provide imaging to large depths and good mapping of the lateral distribution of chargeable and resistive features, but do not usually provide much discrimination about the depth to targets. However, the incorporation of MT with this style of IP acquisition can alleviate this limitation by providing high resolution models of the vertical distribution of resistivity. The total area to be covered by the survey is approximately 5.5 Km north-south by 4 Km east-west, approximately centred on the Cerro Chiquitín outcrop that exposes portions of a tourmaline breccia body as well as a diorite porphyry complex. The tourmaline breccia shows weak phyllic alteration with some porphyry-style D-type quartz veinlets, and a fine-grained diorite has su...