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Pampa Metals Reports Assay Results from Buenavista Target Drilling, Chile
VANCOUVER, BC / ACCESSWIRE / June 28, 2023 / Pampa Metals Corp. ("Pampa Metals" or the "Company") (CSE:PM)(FSE:FIRA)(OTCQX®:PMMCF) is pleased to report assay re
About this update from Andina Copper Corporation.
[{"type":"text","content":" VANCOUVER, BC / ACCESSWIRE / June 28, 2023 / Pampa Metals Corp. (\"Pampa Metals\" or the \"Company\") (CSE:PM)(FSE:FIRA)(OTCQX®:PMMCF) is pleased to report assay results from a three-hole diamond drilling program recently completed on its 100% owned Buenavista target located in northern Chile. Buenavista Assay Results: As previously reported (see news release on June 5, 2023), hydrothermal alteration and mineralisation indicative of the upper parts of a porphyry copper system was intersected in all three holes. Multiple Au-Ag-Cu and Mo intercepts confirm a high-sulphidation epithermal style of mineralisation in transition to a porphyry system. Individual samples reported maximum assay grades of 1.86 g/t Au (hole BV02-2023), 30 g/t Ag (hole BV02-2023), 0.45% Cu (hole BV02-2023) and 1,715 ppm Mo (hole BV03-2023). Hole BV02-2023 cut multiple narrow zones of Au-Ag-Cu mineralisation related to quartz-sulphide veins and breccias including 8m @ 0.12% Cu, 0.32g/t Au, 5.9g/t Ag from 174.18m downhole. Significant molybdenum (286ppm Mo) was reported from a tourmaline breccia towards the bottom of the hole (515.2m) suggesting possible proximity to an inter-mineral porphyry source. Hole BV03-2023, like BV02-2023, was collared in the quartz-sulphide breccia zone with copper oxides mapped at surface and cut several narrow zones of Au-Ag-Cu mineralisation related to quartz-sulphide veins and breccias, including 4m @ 0.14% Cu, 0.44g/t Au, 2.1g/t Ag. High grade molybdenum (4m @ 574ppm Mo) was also reported from veins at 656m downhole. Cu-Au-Ag values in a series of narrow granodiorite dykes cut in BV02-2023 and BV03-2023 confirm the presence of early inter-mineral intrusions. Hole BV01-2023, drilled on the central Buenavista quartz-veinlet stockwork zone and associated Tertiary-dated (60 Ma) dacite porphyry, reflected surface geochemistry and was highly anomalous in molybdenum along most of the hole length, with individual assay highs of 222ppm Mo. A table of the most significant intercepts is included as an annex to this news release. Commenting on the results, Joseph van den Elsen, President and CEO, stated: \"We are pleased to report the results from this first scout drilling program at Buenavista. Results clearly show that drilling has penetrated the peripheral portions of at least one (BV02-2023 and BV03-2023) and possibly two (BV01-2023) p...