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Pampa Metals Corp. is a copper-gold exploration company listed on the Canadian Stock Exchange (CSE: PM), Frankfurt (FSE: FIR), and OTC (OTCQB: PMMCF) exchanges. The company's focus is on the Piuquenes Copper-Gold Porphyry Project in San Juan Province, Argentina. Recent drillhole results have revealed substantial mineralization, including copper oxides, chalcopyrite, bornite, and gold. Pampa Metals has confirmed a highly mineralized porphyry system that remains open at depth and to the north-east, with ongoing exploration to delineate additional deposits and targets.
Joseph van den Elsen, President, and CEO of Pampa Metals, expressed enthusiasm for the project's potential, citing long intervals of primary copper and gold mineralization, and the identification of a second promising target at Piuquenes East. The company is leveraging its recent drilling data, historical information, and geophysical data to advance its exploration efforts. Metallurgical testing, mining concept studies, and preparations for future drill evaluations are key priorities for Pampa Metals.
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Pampa Metals (PMMCF) reports successful drilling results at the Piuquenes Cu-Au porphyry project, intersecting wide intervals of secondary and primary mineralization. The company is pleased with the progress and continues to test for lateral and depth extensions. The first hole of the exploration program, PIU-01, has intersected a 160m thick zone of supergene copper enrichment, with first assay results expected shortly. Pampa Metals aims to drive shareholder value over the short, medium, and long-term by testing the depth and lateral extensions of previously reported high-grade copper-gold intervals at Piuquenes Central and other nearby targets.
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Pampa Metals Corp. announces the successful exercise of over 7 million share purchase warrants, resulting in gross proceeds of $729,741. The company also reports the cancellation of 600,000 stock options. The proceeds will fund follow-up diamond drilling at the Piuquenes Copper-Gold Porphyry Project, with promising initial results. The company is moving forward with drilling and expects assay results shortly.
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Pampa Metals Corp. has commenced a follow-up diamond drill testing at the Piuquenes Copper-Gold Porphyry project with the primary objectives of testing the depth and lateral extension of high-grade intervals of open mineralization. The company's President and CEO, Joseph van den Elsen, expressed optimism about the aggressive exploration program and the potential to drive significant shareholder value over the short, medium, and long-term. The Piuquenes Project consists of nine mining titles that cover an area of ~1,880 ha in the San Juan Province of Argentina, adjacent to other large porphyry copper projects in the region. The first evidence of copper oxides at Piuquenes was reported in 1970, and since its discovery, the Piuquenes Copper-Gold porphyry has remained privately held. The company has also identified three additional areas of undrilled porphyry intrusives at the Piuquenes Project, including the Piuquenes East prospect, which is characterized by outcrops of sinuous and banded dark gray quartz veinlets covering an area of 100 x 200m hosted within an altered intermineral porphyry.
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Pampa Metals Corp. (Pampa Metals) (CSE:PM)(FSE:FIRA)(OTCQB®:PMMCF) has finalized a follow-up diamond drill program at Piuquenes Central to demonstrate potential for an orebody of 1,000 m depth and 300 - 500 m diameter. The program will test the depth and lateral extension of known mineralization, with a focus on driving significant shareholder value over the short, medium, and long-term.
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Pampa Metals Corp. (PM) has identified an additional zone of undrilled and outcropping porphyry related quartz-vein stockworks coincident with geophysical and geochemical anomalies at the Piuquenes Porphyry Copper-Gold Project. The company has also identified two additional areas of outcropping porphyry intrusives, Piuquenes South and Piuquenes Southwest, with evidence of porphyry-type quartz veinlets. The latest Company Presentation can be accessed at https://pampametals.com/investor/
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Pampa Metals Corp. (CSE:PM)(FSE:FIR)(OTCQB:PMMCF) issues 2,250,000 units at $0.16 per unit under the Non-Brokered Private Placement offering for gross proceeds of $360,000. Directors of the Company participated in the Offering, constituting a related party transaction. Total gross proceeds of $1,600,000 will fund follow-up diamond drilling at the newly acquired Piuquenes Copper-Gold Porphyry Project. The Company also granted a total of 2,117,138 stock options and restricted share units to its President & CEO and two consultants.
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Pampa Metals Corp. (PMC) accelerates the expiry dates of certain share purchase warrants, with a total of 4,653,140 warrants outstanding and 2,913,186 already exercised for gross proceeds of approximately $295,000. The expiry date has been accelerated to January 23, 2024, with holders required to submit a Notice of Exercise by 4 pm Vancouver time on that day.
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Pampa Metals Corp. (CSE:PM)(FSE:FIR)(OTCQB:PMMCF) announces the issuance of 7,750,000 units at $0.16 per unit under a non-brokered private placement offering, raising $1,240,000 for follow-up diamond drilling at the Piuquenes Copper-Gold Porphyry Project.
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Pampa Metals Corp. (CSE:PM)(FSE:FIR)(OTCQB:PMMCF) is advancing preparatory works for a follow-up diamond drill program at Piuquenes to test mineralization depth and lateral extension. The drilling is scheduled to commence in mid-January 2024, with assay results to follow shortly thereafter. The company has reported significant copper and gold mineralization results from previous boreholes, indicating promising potential for the project.
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Pampa Metals Corp. (CSE:PM)(FSE:FIR)(OTCQB:PMMCF) has successfully upsized its fully subscribed non-brokered private placement, raising $1,600,000 for follow-up diamond drilling at the newly acquired Piuquenes Copper-Gold Porphyry Project. The placement will consist of 10,000,000 units at a price of $0.16 per unit, with each unit including one fully paid common share and a half share purchase warrant. The first tranche of the placement will close on December 20, 2023, with a second and final tranche anticipated to close on December 22, 2023.
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FAQ
What is the current stock price of PAMPA METALS (PMMCF)?
The current stock price of PAMPA METALS (PMMCF) is $0.0923 as of December 20, 2024.
What is the market cap of PAMPA METALS (PMMCF)?
The market cap of PAMPA METALS (PMMCF) is approximately 11.0M.
Where is Pampa Metals Corp. listed?
Pampa Metals Corp. is listed on the Canadian Stock Exchange (CSE: PM), Frankfurt (FSE: FIR), and OTC (OTCQB: PMMCF) exchanges.
What is the focus of Pampa Metals Corp.?
Pampa Metals Corp. focuses on the Piuquenes Copper-Gold Porphyry Project in San Juan Province, Argentina.
What recent results have been reported by Pampa Metals Corp.?
Recent drillhole results have indicated substantial mineralization, including copper oxides, chalcopyrite, bornite, and gold at the Piuquenes project.
What is the significance of the mineralization findings at Pampa Metals Corp.?
The company has confirmed a highly mineralized porphyry system at Piuquenes, open at depth and to the north-east, with potential for additional deposits and targets.
What are the key priorities for Pampa Metals Corp.?
Key priorities include leveraging recent drilling data, historical information, and geophysical data for exploration, conducting metallurgical testing, mining concept studies, and preparing for future drill evaluations.
PAMPA METALS CORP
OTC:PMMCF
PMMCF Rankings
PMMCF Stock Data
10.97M
78.90M
5.13%
13.01%
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