- Pampa Metals (CSE:PM) has revealed it has completed drilling at hole PIU-03 at its Piuquenes Project in Argentina
- Hole PIU-03 was collared roughly 300 metres to the west of hole PIU-02 and drilled at an orientation of 75 degrees towards 085
- The purpose was to extend copper-gold mineralization to depth on the northeast and southeast sides of the property
- Shares of Pampa Metals are unchanged at C$0.25
Pampa Metals (CSE:PM) has revealed it has completed drilling at hole PIU-03 at its Piuquenes Project in Argentina.
The company said in a press release that hole PIU-03 as collared roughly 300 metres to the west of hole PIU-02 and drilled at an orientation of 75 degrees towards 085.
The purpose was to extend copper-gold mineralization to depth on the northeast and southeast sides of the property as well as better delineating a newly identified core of strong chalcopyrite-bornite copper mineralization associated with intense porphyry quartz stockwork veining in hole PIU-02.
“Our maiden drill campaign continues to extend the depth and lateral extensions of mineralization at Piuquenes Central. A highly mineralized multi-phase porphyry system has been confirmed and remains open to depth and to the northeast,” Joseph van den Elsen, CEO of Pampa Metals, said in a statement.
Van den Elsen also said the company expects to report assay results from hole PIU-02 shortly.
Pampa Metals previously entered into an option and joint venture agreement back in November to acquire an 80 per cent interest in the Piuquenes property.
Shares of Pampa Metals Corp. (CSE:PM) are unchanged at C$0.25.
Join the discussion: Find out what everybody’s saying about this stock on the Pampa Metals Corp. Bullboard investor discussion forum, and check out the rest of Stockhouse’s stock forums and message boards.
The material provided in this article is for information only and should not be treated as investment advice. For full disclaimer information, please click here.
