Business
Pampa Metals Step Out Drilling Intersects 152m at 0.40% Cu, 0.23 g/t Au at the Piuquenes Central Cu-Au Deposit, Argentina
March 27, 2025– Vancouver, British Columbia - Pampa Metals Corp. (“Pampa Metals” or the “Company”) (CSE:PM / FSE:FIR / OTCQB:PMMCF) is pleased to advise that dr
About this update from Andina Copper Corporation.
[{"type":"text","content":"March 27, 2025– Vancouver, British Columbia - Pampa Metals Corp. (“Pampa Metals” or the “Company”) (CSE:PM / FSE:FIR / OTCQB:PMMCF) is pleased to advise that drill hole PIU-05 2025DDH (PIU-05), a significant step out from previous holes, intersected strong copper-gold mineralization and expanded the Piuquenes Central deposit to the south. The hole intersected moderate to intense porphyry A-type quartz stockwork veining and mineralization from 304m to 722m downhole and reported a significant mineralized interval as follows: 152m @ 0.40% Cu, 0.23 g/t Au, 2.15 g/t Ag (from 530m) Including 50m @ 0.50% Cu, 0.29 g/t Au, 2.36 g/t Ag (from 596m) In addition to hole PIU-05, hole PIU-08 was collared 370m to the northwest of PIU-05 and has encountered strong porphyry-style mineralization expected to further enhance definition of the southern margin of the Piuquenes Central system. Results for PIU-08 are pending. Joseph van den Elsen, Pampa Metals President and CEO commented: “We are very pleased to have extended the Piuquenes Central system to the south, with hole PIU-05 reporting broad intervals of porphyry style mineralization, including excellent high-grade sections. Additionally, the most recently completed hole (PIU-08), drilled to better define the southern margin of Piuquenes Central, encountered strong porphyry-style mineralization, and results are eagerly awaited. The Company is also looking forward to receiving the initial results from the first two holes (PIU-06 and PIU-07) drilled into the newly discovered second porphyry system 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 (refer 10 January 2025 and 10 January 2025 News Releases), PIU...