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Panoro Minerals Ltd. delineates Skarn Cu, Ag, Au mineralization at the Guaclle Target, Cotabambas Project, Peru.
VANCOUVER, British Columbia, July 02, 2019 (GLOBE NEWSWIRE) -- Panoro Minerals Ltd. (TSXV: PML, Lima: PML, Frankfurt: PZM) (“Panoro”, the “Company”) is pleased
About this update from Panoro Minerals Ltd.
[{"type":"text","content":" VANCOUVER, British Columbia, July 02, 2019 (GLOBE NEWSWIRE) -- Panoro Minerals Ltd. (TSXV: PML, Lima: PML, Frankfurt: PZM) (“Panoro”, the “Company”) is pleased to announce results of the exploration work at the Guaclle target. The Guaclle target is composed of Skarn type mineralization located in Cluster 1 at the 100% owned Cotabambas Project. The Guaclle target is located 800 m to the west and 200 m lower in elevation than the Ccalla Deposit. The Guaclle target, together with the Petra-David and Ccalla East targets and Ccalla Deposit to the east, and the Tamburo and Chaupec targets to the west, form a 7 km corridor of mineralization (see linked Map 1). The Guaclle target is divided into the Guaclle South and Guaclle North targets separated by the Ccalla fault that controls the copper mineralization in Ccalla deposit (see linked Map 2). “Our grass roots exploration work at the Cotabambas Project continues to identify important new areas of mineralization clustered around the Ccalla and Azulccaca Deposits. The 2017 and 2018 drilling at the Maria Jose and Petra-David targets identified mineralization to the north and north-west of the Ccalla Deposit within Cluster 1. Moreover, the 2019 drilling at the Chaupec intercepted high grades of oxide and sulphide mineralization to the west of the Ccalla Deposit in Cluster 2. Mapping and sampling in the region between the Ccalla Deposit and the Chaupec target has identified mineralized areas at the previously announced Tamburo target and now also at the Guaclle target. The area of identified mineralization at the Cotabambas Project now extends over an area of 7 km in the northwest-southeast direction by 5 km in the northeast-southwest direction where the mineralization is clustered around the structural controls in the area”, stated Luquman Shaheen, President & CEO. Panoro Minerals is planning an exploration program to test the continuity of the mineralized bodies identified at the Guaclle target and will also include additional drilling at the Chaupec target. The drilling at the Chaupec target is designed to test the continuity of mineralized zones located to the south of the 1.2 km zone of mineralization identified in the recently completed exploration drilling at the Chaupec target. Guaclle South Target The Guaclle South target is char...