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VANCOUVER, British Columbia - (NewMediaWire) - November 6, 2024 - Pampa Metals Corp. ("Pampa Metals" or the "Company") (CSE:PM / FSE:FIR / OTCQB:PMMCF) is pleased to advise that the 2024/25 Field Season at the Piuquenes Cu-Au Porphyry Project in San Juan, Argentina has commenced.
2024/25 Piuquenes Cu-Au Porphyry Project Field Season
During the 2024/25 Field Season the Company will more fully delineate the size and grade potential of the first deposit at Piuquenes Central, where the Company recently reported 801m @ 0.40% Cu, 0.51 g/t Au, 2.87 g/t Ag, including 518m @ 0.53% Cu, 0.73 g/t Au, 3.45 g/t Ag (refer 17 June 2024 News Release).
Piuquenes East is considered a standout, outcropping target within the Piuquenes-Altar porphyry cluster and will be drill tested for the first time this field season.
Several other recently defined targets across the recently expanded land package (refer 11 October 2024 News Release) are also being advanced through surface exploration and possibly geophysics.
Figure 1: Piuquenes Project Camp Site
Piuquenes Central
The primary objectives of follow-up drill testing at Piuquenes Central are:
- To extend high-grade mineralization to depth;
- To investigate the potential for a bornite dominant zone at depth;
- To test the continuity of mineralization in the vicinity of, and below, historical drill hole DDH006, where the company recently reported alteration and strongly elevated Cu consistent with the peripheries of the Piuquenes Central complex from 43m to 236m (End of Hole) (refer 18 September 2024 News Release);
- To obtain additional data around a possible NE geological trend; and
- To better define the northern and southern limits of the system and its grade.
Figure 2: Piuquenes Central SW/NE Cross Section Copper Shell
Piuquenes East is considered a standout target within the Piuquenes-Altar porphyry cluster characterized by:
- Outcropping sinuous and banded porphyry style quartz veinlet stockwork zone; and
- 400 x 300m Cu-Au soil anomaly, intermediate chargeability & intermediate-high resistivity
Piuquenes East will be drilled for the first time this field season, testing the continuity at depth of the banded quartz veinlets observed on the surface
Figure 3: Piuquenes Altar Porphyry Cluster
The incorporation of historical data into the Company's geological models has validated a possible northeast trend to the Piuquenes system, with the potential for a cluster of deposits (refer 11 September 2024 News Release).
Outside of the Piuquenes Central and Piuquenes East targets, the recently expanded tenement package (refer 11 October 2024 News Release) has not been subject to any systematic exploration. Property wide field mapping at Piuquenes has commenced, seeking to identify and prepare new targets for drill testing.