- Pacific Empire Minerals (PEMC) has launched a reverse circulation drill program at its Worldstock property in south-central British Columbia
- The company will test a number of areas for porphyry copper-gold mineralisation by focusing on targets with anomalous copper soil geochemistry
- While the property has been the subject of limited drilling work, previous results include 0.38 per cent copper over 10.4 metres
- Operations at the Worldstock property will be followed by drilling at Weedon and the recently-acquired Jean Marie property
- Pacific Empire Minerals (PEMC) is currently up 16 per cent and is trading at C$0.14 per share
Pacific Empire Minerals (PEMC) has launched a reverse circulation drill program at its Worldstock property in south-central British Columbia.
Located 95 kilometres north of Kamloops and 25 kilometres west of Taseko Mines’ Yellowhead Copper Project is thought to host an 820 million tonne reserve at an average grade of 0.28 per cent copper.
The 1,700-hectare copper-gold porphyry property is underlain by volcanic flows and tuffs of the Lower Jurassic Nicola Group.
Over the course of the program, the Vancouver-based prospect generator will test a number of targets for porphyry copper-gold mineralisation by focusing on targets with anomalous copper soil geochemistry.
The areas are though to be coincident with favourable geophysical signatures, including interpreted magnetite destruction and highly anomalous induced polarisation chargeability.
While these areas have been the subject of limited exploration work, previous results include grades of up to 0.38 per cent over 10.4 metres.
Rock exposure at the Worldstock project is significantly obscured by between 2 and 15 metres of glacial overburden. However, much of the exposed rock hosts substantial disseminated, fracture-hosted and vein-hosted pyrite, and shows significant silicification with localised chalcopyrite and malachite staining.
Brad Peters, President and CEO of Pacific Empire Minerals, said he is excited to begin the 2020 exploration season and continue the company’s drive towards a gold-rich copper porphyry discovery.
“We are in a position to complete a significant amount of drilling at numerous high-quality targets this year beginning at the Worldstock property, which will be followed by drilling at Weedon and then on to the recently-acquired Jean Marie property where the bulk of the drilling for 2020 is planned,” he added.
Pacific Empire Minerals (PEMC) is currently up 16 per cent and is trading at C$0.14 per share at 1:22pm EDT.