Pampa Metals Discovers New Copper-Gold Porphyry System in Argentina
TL;DR
Pampa Metals Corp. confirmed a new porphyry copper-gold discovery, positioning itself as a key player in the copper exploration sector.
Drill hole PIU-06 intersected porphyry A and B-type quartz stockwork veining, indicating mineralized intervals at specific depths.
The discovery of Pampa Metals opens up possibilities for future copper production, contributing to economic growth and job creation in the region.
The multi-phase character of the Piuquenes East system presents exciting opportunities for further exploration and potential new discoveries in the area.
Found this article helpful?
Share it with your network and spread the knowledge!
Pampa Metals has identified a potentially significant new copper-gold porphyry system at its Piuquenes East project in Argentina, reporting substantial mineral intersections in its initial drilling campaign. The first drill hole, PIU-06, revealed a mineralized interval of 98 meters averaging 0.49% copper and 0.16 grams per tonne of gold.
The discovery is strategically located near other major porphyry copper projects in the San Juan Miocene porphyry belt, including El Pachón and Los Azules. What makes this finding particularly promising is the system's multi-phase character, which is reminiscent of world-class deposits in the region.
The newly discovered porphyry system is entirely open to the north, west, and east, with no previous drilling in these potential extension areas. Geological analysis indicates multiple alteration phases, including high-temperature potassic alteration overprinted by moderate-temperature chlorite-sericite and phyllic alterations, followed by advanced argillic alteration.
While initial results show sporadic mineralization, geologists note that many porphyry systems contain unmineralized breccias that can transition into highly mineralized zones. The discovery represents an early-stage exploration opportunity with significant potential for further development.
Pampa Metals plans to continue systematic exploration of the 2,500-hectare project area through additional geological mapping, geophysical studies, and targeted drilling to better understand the system's potential mineral resources.
Curated from NewMediaWire
