Canadian miner advances Chilean project

Photo: Pampa Metals

Vancouver-based Pampa Metals has re-leased an update on exploration activities at its 6,800-hectare Block 4 project in northern Chile, and launched an induced polarisation ge-ophysical programme at the asset which includes the coverage of the Buenavista target.

 

“Block 4 is located along the principal porphyry copper belt of north-ern Chile, about 110 km south of the giant La Escondida copper mine. The principal target identified to date, called Buenavista, comprises a poorly exposed quartz-veinlet stockwork zone hosted within a dacite porphyry intrusion, which is spatially coincident with a magnetic high and anomalous molybdenum geochemistry,” the Canadian miner said in a statement.

 

“Copper oxide occurrences and anomalous gold values are zoned around the central stockwork zone,” according to Pampa Metals.

 

The business says it is focused on copper and gold exploration.