Business
Pampa Metals Reports 130m From 362m @ 1.31% CuEq*, Within a Broader Interval of 558m From 362m @ 0.73% CuEq* Which Remains Open at Depth
VANCOUVER, BC / ACCESSWIRE / December 5, 2023 / Pampa Metals Corp. ("PMC" or the "Company") (CSE:PM) (FSE:FIR) (OTCQB:PMMCF) is pleased to announce the assay re
About this update from Andina Copper Corporation.
[{"type":"text","content":" VANCOUVER, BC / ACCESSWIRE / December 5, 2023 / Pampa Metals Corp. (\"PMC\" or the \"Company\") (CSE:PM) (FSE:FIR) (OTCQB:PMMCF) is pleased to announce the assay results from the PIU16-DDH01 diamond drillhole (920.2 m) completed at the Piuquenes Project in the 2015-2016 season (refer 30 November 2023 News Release). Results include:- 558.2 m (362-920.2 m EOH) @ 0.38% Cu & 0.42 g/ Au & 2.4 g/t Ag (0.73% CuEq)* Including:- 296 m (362-658 m) @ 0.5 % Cu & 0.5 g/t Au & 2.7 g/t Ag (0.91% CuEq)*,- 180 m (362-542 m) @ 0.71% Cu & 0.61 g/t Au & 3.8 g/t Ag (1.22% CuEq)* and- 130 m (362-492 m) @ 0.81% Cu & 0.6 g/t Au & 4 g/t Ag (1.31 % CuEq)* PIU16-DDH01 Diamond Drillhole (920.2 m) - (refer 30 November 2023 News Release). As part of its Due Diligence and data validation of the Piuquenes Project, the Company relogged the PIU16-DDH01 borehole which had crossed the mineral intersections discovered by Inmet in 1995-1997 (refer 30 November 2023 News Release). A 558 m (362-920.2 m) section was sent to ALS Mendoza for Au fire 30 gram Au fire assay (Au-AA23) and ICP multi-element 4-acid digestion (ME-MS61) assays. Following review and interpretation of the assay results and a thorough Qa/Qc process, the Company is pleased to report a significant section of copper-gold-silver mineralization of: • 558.2 m (362-920.2 m EOH) @ 0.38% Cu & 0.42 g/ Au & 2.4 g/t Ag (0.73% CuEq)* Including:• 296 m (362-658 m) @ 0.5 % Cu & 0.5 g/t Au & 2.7 g/t Ag (0.91% CuEq)*,• 180 m (362-542 m) @ 0.71% Cu & 0.61 g/t Au & 3.8 g/t Ag (1.22% CuEq)* and• 130 m (362-492 m) @ 0.81% Cu & 0.6 g/t Au & 4 g/t Ag (1.31 % CuEq)* The re-logging and interpretation of the assays indicates that primary mineralization is related to Cu-Au porphyry hosted quartz veins and remains open at depth. The shallow overlay is associated with supergene enrichment, with some copper oxides observed at surface. Image 1: A-type quartz veining associated with pink quartz-feldK interstitial intergrowth affecting diorite porphyry Image 2: A-type quartz veinlet with chalcopyrite and some grade of secondary enrichment at PIU16-DDH01 Qa/Qc procedure - PIU16-DDH01 Diamond Drillhole Assay of the PIU16-DDH01 drillhole was based on samples of 2m intervals initially cut by Anglo-American Argentina at the drill platform using a hydraulic press. As part o...