Business
Pampa Metals Provides 2024 Review and Outlook for 2025
January 14, 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 14, 2025 – TheNewswire - Vancouver, British Columbia - Pampa Metals Corp. (“Pampa Metals” or the “Company”) (CSE:PM / FSE:FIR / OTCQB:PMMCF) is pleased to recap on the significant progress made in 2024 and provide a summary of the key drivers for 2025. 2024 - A FOUNDATIONAL YEAR Maiden Drill Program Completed at Piuquenes – In November 2023 the Company optioned the high-grade Piuquenes Copper-Gold Porphyry Project in San Juan, Argentina and immediately commenced a maiden 3-hole drill program, completed for 2,592m. Globally Significant Copper-Gold Intersections– All three holes intersected wide intervals of copper, gold, silver mineralization, including 801 m @ 0.40% Cu, 0.51 g/t Au, 2.87 g/t Ag Strategic Expansion of The Piuquenes Project– Mineral tenure expanded by ~34%. Equity Raisings Introduce New Institutional Investors – New equity placed to specialist natural resources funds, insiders and supportive long-term shareholders. Management And Technical Team Strengthened– Highly experienced management and technical personnel added to strengthen in-country operating capability. Follow-Up Drill Program Underway– The 2024/25 Field Season is designed to more fully delineate the size and grade potential of the initial Piuquenes Central deposit and to test an undrilled, highly promising porphyry target at Piuquenes East. Several other targets will also be advanced. 2025 OUTLOOK: CONTINUING MOMENTUM Strong Momentum from First 2 Follow-Up Holes Drilled at Piuquenes Central - Holes PIU-04 and PIU-05 both intersected variable intensity porphyry veining, alteration and copper mineralization over wide intervals and significantly expanded the footprint of Piuquenes Central to the northeast and to depth. News Flow from Follow-Up Drill Program to Continue - Assays are expected throughout 1H 2025 and into 2H 2025. Maiden Drill Testing of Piuquenes East– Drill testing will shortly commence at Piuquenes East, a second highly compelling, undrilled porphyry target. Business Development The Company remains committed to a strategy of assessing, and potentially acquiring, advanced stage Andean copper project(s) which meet strict criterion. 2024 – A FOUNDATIONAL YEAR Piuquenes Copper – Gold Porphyry Project San Juan, Argentina - In 2024 the Company successfull...