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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.
Pampa Metals Corp. has released findings from a pole-dipole induced polarization (IP) survey at the Cerro Chiquitin target in its 100% owned Cerro Buenos Aires project in Chile. The survey covered 18.8 km and revealed significant chargeability anomalies, indicating potential for copper and gold at depth. The results confirm and enhance previous findings, guiding future drill targets. Plans for follow-up diamond drilling are underway, as the company aims to leverage its projects in one of the world's top mining jurisdictions.
Pampa Metals Corp. (CSE:PM, OTCQB:PMMCF) announced CEO A. Paul Gill's presentation at the Emerging Growth Conference on March 30, 2022. The company is focused on its Block 4 project, where successful trenching revealed promising copper, molybdenum, and gold values. Additionally, Pampa Metals raised $1,136,100 from a private placement, targeting a total of $4 million for ongoing exploration in Chile. The company aims to leverage artificial intelligence for mineral exploration and progress its drilling programs.
Pampa Metals Corp. has closed a private placement offering of 3,786,700 units at $0.30 per unit, raising gross proceeds of $1,136,100. The total funding target is $4 million through the issuance of 13,333,333 units. The Company is actively exploring Block 4, which has shown positive results from trenching and will soon begin its own drilling program. Proceeds will fund ongoing work in Chile and general corporate purposes. An insider purchased 700,000 units for $210,000, exempting the transaction from formal valuation requirements.
Pampa Metals Corp. has reported promising trenching results from its 100% owned Block 4 project in northern Chile, particularly at the newly identified Buenavista target. The trenching revealed values of up to 0.26% copper and 0.64 g/t gold, indicating a fertile porphyry copper system with significant hydrothermal exposure. A total of six trenches covering 2.3 km were completed, with five exposing bedrock. The project aims to enhance understanding of the mineralization and prepare for future drilling operations.
Pampa Metals Corp. has announced a six-month marketing campaign in partnership with GRIT Capital to attract new investors and engage current shareholders. The campaign will run from March 7, 2022, to August 7, 2022, with compensation of 240,068 common shares for services rendered. Pampa Metals is actively drilling on projects in Chile, a leading mining jurisdiction, focusing on copper exploration amid rising copper prices. The company owns a portfolio of 62,000 hectares and is exploring various projects to create shareholder value.
Pampa Metals Corp. has announced a 12-month marketing campaign via AGORACOM to enhance investor engagement without cash expenses. The campaign aims to promote their copper and gold projects in Chile, which is experiencing rising copper prices. CEO A. Paul Gill emphasized ongoing drilling activities in a joint venture with Austral Gold Ltd. The agreement includes the issuance of shares worth CAD$ 100,000 as payment for services. Pampa Metals also plans to utilize advanced AI technology for mineral exploration, enhancing its portfolio of eight projects across Chile.
Pampa Metals Corp. (CSE:PM)(OTCQX:PMMCF) provided an update on its copper and gold exploration projects in northern Chile. The Company is actively advancing its eight wholly-owned projects, with key activities including:
- Drilling at the Morros Blanco project by Austral Gold, aiming for 2,000m across five holes.
- Completion of an induced polarisation survey at Cerro Buenos Aires.
- A trenching program at Block 4, with assay results pending.
Overall, Pampa Metals aims to leverage its exploration activities to enhance value in a prolific mining region.
Pampa Metals Corp. has entered into an Agreement with VerAI Discoveries Inc. to explore copper and precious metal targets in northern Chile covering 18,700 hectares. This collaborative effort utilizes AI technology for mineral exploration, focusing on a region with substantial geological potential. Pampa Metals is committed to investing US$500,000 in exploration within the first year and will designate projects for further investment. Successful completion of the Preliminary Economic Assessment could increase Pampa's stake to 75%.
Pampa Metals Corp. announced the appointment of Paul Gill as President and CEO effective January 18, 2022, succeeding Julian Bavin, who transitions to a non-executive director role. This planned transition aims to leverage Gill's expertise in business and capital markets as the company enters a new development phase. The Board expressed gratitude to Bavin for his leadership during Pampa's formative period. Gill's background includes vital roles in junior companies, including significant contributions to Norsemont Mining's growth, enhancing Pampa's strategic direction in Chile's mining sector.
Pampa Metals Corp. announces the commencement of the drilling program at its Morros Blancos project in northern Chile by partner Austral Gold Limited. This follows an option agreement allowing Austral to earn up to an 80% interest in the project, with ~US$0.5 million spent so far. The initial drilling phase includes 2,000 meters across five holes at the Rosario del Alto target, identified as having potential for gold and silver. Preliminary geochemical analysis indicates a high-sulphidation system with significant exploration characteristics. Results are anticipated in the coming weeks.
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