Vancouver-based Pampa Metals Corp. has re-leased an update on its 6,600-hectare Redondo-Veronica copper project in northern Chile. The miner has received assay results from its seven-hole drill programme focused on three target areas.
The obtained results, together with the obtained geological, geo-chemical, and geophysical information, consistently point to a deep mineralisation at the Cerro Redondo North and Redondo Southwest targets. At the same time, the Redondo Extreme North target has been downgraded to second priority, the company said in a state-ment.
“Follow up deeper diamond drilling on these two targets is being eval-uated and prioritised against other opportunities within Pampa Metal's exciting portfolio of projects,” according to the statement.
Pampa Metals says it owns a 59,000-hectare portfolio that consists of eight projects for copper and gold located along Chile’s mineral belts.