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Chilean Metals Updates Zulema Exploration Plans
(via TheNewswire) Toronto, ON / TheNewswire / November 21, 2017 - Chilean Metals Inc...
About this update from Power Metallic Mines Inc.
[{"type":"text","content":"Chilean Metals Updates Zulema Exploration Plans(via TheNewswire)\n \n \nToronto, ON / TheNewswire / November 21, 2017 - Chilean Metals Inc. (\"Chilean Metals,\" \"CMX\" or the \"Company\")(TSX.V:CMX, OTCQB: CMETF, SSE:CMX, MILA:CMX, FRA: IVV1, BER : IVV1). \n\n \n \nChilean Metals Inc is pleased to provide an update on the exploration program on the Zulema project located near Copiapo, Chile and 30 Km's from Lundin Mining's Candelaria mine. With Candelaria as a model, the exploration program has advanced beyond the initial drill program to a preparation for the next stage of drilling.\n\n \n \nAfter discussions with Lundin Mining and Minotaur Exploration, it was determined that the following be \n\n\n \n\nClick Image To View Full Size\n\n \n \nimplemented, commencing with detailed ground geophysics. With recommendations from both Lundin Mining and Minotaur Exploration, the Company has engaged Southern Rock Geophysics, a consulting firm with over 20 years experience in the Andean Region. Familiar with both the Porphyry and IOCG depositional models, Southern Rock brings the expertise required to search for a blind target in the challenging desert of Chile. The initial stage will consist of detailed ground magnetics to tighten up coverage and better define the underlying geological contacts. This will be followed by a gravity survey designed to target blind deposits at depth. Deep penetrating I.P. would follow prior to drilling.\n\n\n \n\"We have very high hopes for Zulema. Our initial exploration was designed at defining our area and identifying a Porphyry or IOCG System. We successfully identified an IOCG System with Cu / Au mineralization within the host skarn. The next phase is to further identify the source of our intercepts and hopefully announce a discovery. Building on Southern Rock's successes at Candelaria, we are excited to be working with them and identifying the priority drill targets for our 2nd phase @ Zulema. We are also very excited to expand the target area to include the western targets identified during Phase 1 and ground previously not covered by ground based geophysics. We have a mineralized intrusion 2km to the west. Our additional target area is almost 10km Sq.\" commented Chilean CEO Patrick J. Cruickshank. \n\n\n \n\"Desert exploration is very difficult due to minimal outcrop and 75 to 100 meters alluvial ...