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Piuquenes Copper–Gold Porphyry Project Update

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Pampa Metals Corp. (CSE:PM, FSE:FIR, OTCQB:PMMCF) has provided an update on its Piuquenes Copper-Gold Porphyry Project in San Juan, Argentina. The company has been integrating recent drilling data with historical information, including surface geology, geochemistry, and geophysics. They are finalizing 3D geological modeling and grade interpretation at the Piuquenes Central porphyry Cu-Au deposit.

Pampa Metals is also reviewing property-wide potential, with mineral tenure extending over 3km north of Piuquenes Central. The company is preparing for the 2024/25 field season, which will include further drill evaluation at Piuquenes Central, initial drill testing of Piuquenes East, field mapping of nearby targets, and possibly additional geophysics. Management is currently in San Juan finalizing preparations for the upcoming field season.

Pampa Metals Corp. (CSE:PM, FSE:FIR, OTCQB:PMMCF) ha fornito un aggiornamento sul suo progetto Piuquenes Copper-Gold Porphyry a San Juan, Argentina. L'azienda ha integrato i recenti dati di perforazione con informazioni storiche, inclusi la geologia di superficie, la geochimica e la geofisica. Stanno finalizzando la modellazione geologica 3D e l'interpretazione dei gradi presso il deposito porfirico Cu-Au di Piuquenes Central.

Pampa Metals sta anche rivedendo il potenziale dell'intera proprietà, con un diritto minerario che si estende per oltre 3 km a nord di Piuquenes Central. L'azienda si sta preparando per la stagione di campo 2024/25, che includerà ulteriori valutazioni di perforazione a Piuquenes Central, test di perforazione iniziali a Piuquenes East, mappatura sul campo di obiettivi vicini e possibilmente ulteriori studi geofisici. La direzione si trova attualmente a San Juan per finalizzare i preparativi per la prossima stagione di campo.

Pampa Metals Corp. (CSE:PM, FSE:FIR, OTCQB:PMMCF) ha proporcionado una actualización sobre su proyecto Piuquenes Copper-Gold Porphyry en San Juan, Argentina. La empresa ha estado integrando datos recientes de perforación con información histórica, incluyendo la geología de superficie, geociencia y geofísica. Están finalizando el modelado geológico 3D y la interpretación de grados en el depósito porfirico Cu-Au de Piuquenes Central.

Pampa Metals también está revisando el potencial de toda la propiedad, con derechos minerales que se extienden más de 3 km al norte de Piuquenes Central. La empresa se está preparando para la temporada de campo 2024/25, que incluirá una mayor evaluación de perforación en Piuquenes Central, pruebas iniciales de perforación en Piuquenes East, mapeo en el campo de objetivos cercanos y posiblemente más estudios geofísicos. La dirección está actualmente en San Juan finalizando los preparativos para la próxima temporada de campo.

Pampa Metals Corp. (CSE:PM, FSE:FIR, OTCQB:PMMCF)는 아르헨티나 산 후안에 위치한 Piuquenes 구리-금 포르피리 프로젝트에 대한 업데이트를 제공했습니다. 회사는 최근의 시추 데이터와 표면 지질, 지구화학, 지구물리학을 포함한 역사적 정보를 통합해 왔습니다. 그들은 Piuquenes Central 구리-금 포르피리 매장지에서 3D 지질 모델링 및 등급 해석을 마무리하고 있습니다.

Pampa Metals는 전체 부지의 잠재력을 검토하고 있으며, Piuquenes Central에서 북쪽으로 3km 이상에 걸쳐 광물 권리를 보유하고 있습니다. 이 회사는 2024/25 필드 시즌을 준비 중이며, 여기에는 Piuquenes Central의 추가 시추 평가, Piuquenes East의 초기 시추 테스트, 인근 목표 현장 조사 그리고 추가 지구물리학이 포함될 수 있습니다. 경영진은 현재 필드 시즌을 준비하기 위해 산 후안에 있습니다.

Pampa Metals Corp. (CSE:PM, FSE:FIR, OTCQB:PMMCF) a fourni une mise à jour sur son projet Piuquenes Copper-Gold Porphyry à San Juan, en Argentine. L'entreprise a intégré les données de forage récentes avec des informations historiques, y compris la géologie de surface, la géochimie et la géophysique. Ils finalisent actuellement la modélisation géologique 3D et l'interprétation de la teneur au niveau du dépôt porphyrique Cu-Au de Piuquenes Central.

Pampa Metals examine également le potentiel global de la propriété, les droits miniers s'étendant sur plus de 3 km au nord de Piuquenes Central. L'entreprise se prépare pour la saison de terrain 2024/25, qui comprendra une évaluation supplémentaire des forages à Piuquenes Central, des tests de forage initiaux à Piuquenes East, la cartographie sur le terrain des cibles voisines et peut-être des études géophysiques supplémentaires. La direction est actuellement à San Juan pour finaliser les préparatifs pour la prochaine saison de terrain.

Pampa Metals Corp. (CSE:PM, FSE:FIR, OTCQB:PMMCF) hat ein Update zu seinem Piuquenes Copper-Gold Porphyry Projekt in San Juan, Argentinien, bereitgestellt. Das Unternehmen integriert aktuelle Bohrdaten mit historischen Informationen, einschließlich der Oberflächengeologie, Geochemie und Geophysik. Sie beenden derzeit die 3D-geologische Modellierung und die Gradinterpretation bei dem Piuquenes Central porphyrischen Cu-Au Lagerstätte.

Pampa Metals überprüft auch das gesamte Grundstückspotential, wobei die Bergbaurechte über 3 km nördlich von Piuquenes Central reichen. Das Unternehmen bereitet sich auf die Feldsaison 2024/25 vor, die weitere Bohrbewertungen in Piuquenes Central, erste Bohrtests in Piuquenes East, die Feldkartierung von nahegelegenen Zielen und möglicherweise zusätzliche Geophysik umfassen wird. Das Management befindet sich derzeit in San Juan, um die Vorbereitungen für die bevorstehende Feldsaison abzuschließen.

Positive
  • Integration of recent drilling data with historical information for comprehensive analysis
  • Finalizing 3D geological modeling and grade interpretation at Piuquenes Central deposit
  • Mineral tenure extends over 3km north of Piuquenes Central, indicating potential for expansion
  • Planned drill evaluation at Piuquenes Central and initial testing of Piuquenes East in 2024/25 field season
  • Desktop work confirms potential for a cluster of deposits in the project area
Negative
  • Underlying geology is almost entirely masked at surface by thin transported cover
  • No exploration drilling completed under the cover north of Piuquenes Central

VANCOUVER, BC / ACCESSWIRE / August 15, 2024 / Pampa Metals Corp. ("Pampa Metals" or the "Company") (CSE:PM)(FSE:FIR)(OTCQB:PMMCF) is pleased to provide a Project Update for the Piuquenes Cu-Au porphyry project, San Juan, Argentina.

Current Activities

Since completing a maiden drill program at Piuquenes, the Company has prioritized the integration of recent drilling data with historical information which includes:

  • Surface Geology and Geochemistry (1:2500);

  • Geophysics - gDAS24 3D Pole-Dipole IP/Resistivity & Natural Source Magneto-Tellurics (17.8line-km);

  • Airborne magnetic/radiometric survey; and

  • 2,800m of well-preserved historical drill core (refer 17 June 2024 News Release).

Aided by 4-acid multi-element geochemical data and reprocessed and interpreted historical geophysical data, the Company is also finalizing 3D geological modelling and grade and lithology interpretation at the Piuquenes Central porphyry Cu-Au deposit

Concurrently, the Company continues to review the property wide upside potential, with Pampa Metals' mineral tenure extending for over 3km to the north of Piuquenes Central, with minimal exploration conducted over the area to date (refer Figure 1). The underlying geology is almost entirely masked at surface by thin transported cover, with no exploration drilling completed under this cover.

The solid progress of these work programs has allowed Initial targeting and planning for the 2024/25 field season to begin. Company management is currently in San Juan finalizing preparations for the next field season, which will include further drill evaluation at Piuquenes Central, the initial drill testing of Piuquenes East, field mapping to advance several other nearby targets, and further geophysics if required.

Next Steps

The Company will provide further updates on the key findings from the 3D model development and the geophysical data integration once finalized, as well as the timing and scope of the 2024/25 field season work programs, preparation for which has already begun.

Joseph van den Elsen, Pampa Metals President and CEO commented: "We are very pleased with the rapid progress we are making at Piuquenes and are excited by the upcoming field season. The Piuquenes project is a Company making asset and we look forward to more fully delineating the size and grade potential of the first deposit during the 2024/25 field season and concurrently testing a second undrilled, outcropping porphyry at Piuquenes East. Desktop work to-date confirms the potential for a cluster of deposits and we will advance several other targets this field season through surface exploration and possibly geophysics."

Figure 1: Piuquenes Project - Property Wide Upside Potential

ON BEHALF OF THE BOARD & INVESTOR CONTACT:

Joseph van den Elsen | President & CEO | Joseph@pampametals.com

ABOUT PAMPA METALS

Pampa Metals is a copper-gold exploration company listed on the Canadian Stock Exchange (CSE:PM), Frankfurt (FSE:FIR), and OTC (OTCQB:PMMCF) exchanges.

In November 2023, the Company announced it had entered into an Option and Joint Venture Agreement for the acquisition of an 80% interest in the Piuquenes Copper-Gold Porphyry Project in San Juan Province, Argentina.

Neither the CSE nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this release.

FORWARD-LOOKING STATEMENT

This news release contains certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical fact, that address events or developments that Pampa Metals expects to occur, are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects" and similar expressions, or that events or conditions "will" or "may" occur. These statements are subject to various risks. Although Pampa Metals believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guaranteeing of future performance and actual results may differ materially from those in forward-looking statements.

SOURCE: Pampa Metals Corp.



View the original press release on accesswire.com

FAQ

What is the current status of Pampa Metals' Piuquenes Copper-Gold Porphyry Project?

Pampa Metals is integrating recent drilling data with historical information, finalizing 3D geological modeling, and preparing for the 2024/25 field season at the Piuquenes project in San Juan, Argentina.

What are Pampa Metals' plans for the 2024/25 field season at Piuquenes?

The 2024/25 field season will include further drill evaluation at Piuquenes Central, initial drill testing of Piuquenes East, field mapping of nearby targets, and possibly additional geophysics.

How far does Pampa Metals' mineral tenure extend at the Piuquenes project?

Pampa Metals' mineral tenure extends for over 3km to the north of Piuquenes Central, with minimal exploration conducted over this area to date.

What is the potential of the Piuquenes project according to Pampa Metals?

Pampa Metals considers Piuquenes a company-making asset, with desktop work confirming the potential for a cluster of deposits in the project area.

What are the stock symbols for Pampa Metals Corp.?

Pampa Metals Corp. trades under the symbols CSE:PM, FSE:FIR, and OTCQB:PMMCF.

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