Marimaca Copper's Successful Drilling at Pampa Medina
Marimaca Copper Corp. is excited to share the final results of its extensive discovery drilling campaign at the Pampa Medina deposit. This 10,000-meter initiative, strategically located at low altitude in a flat valley, has unveiled material extensions to the high-grade sedimentary-hosted sulphide copper horizon. Not only has Marimaca noticed continuous improvements in the mineralization confidence in the central and southern sections of Pampa Medina, but the exploration team has confirmed the deposit extends 900 meters farther south than previously recorded drilling results.
Key Highlights from the Drilling Campaign
The recent drilling results highlight multiple significant findings:
- Central Pampa Medina: Drilling has unearthed 48 meters of 2.05% copper from a depth of 186 meters, showcasing strong near-surface oxide mineralization.
- Southern Pampa Medina: Positive results indicate the primary mineralized sedimentary horizon now extends accurately 900 meters southward, with notable intersections like 16 meters of 2.29% copper recorded.
- Expansion into North West: New drill results have assured continuity into regions previously unexplored, including 38 meters of 1.48% copper from 540 meters depth.
Drilling Expansion Strategy
Given the promising results, Marimaca Copper has launched a follow-up Phase II drilling program with an ambitious target of 30,000 meters. Armed with five rigs, the team is well-positioned to further investigate these findings and enhance the project's overall scope. Sergio Rivera, the Vice President of Exploration, noted, “This successful discovery drilling at Pampa Medina is paving the way for a potentially significant new deposit, reinforcing our growth potential in the region.”
Pampa Medina Project Overview
Pampa Medina is categorized as a stratiform manto-style copper deposit primarily situated within Jurassic to Triassic sedimentary units. It is layered under andesitic volcanics and features complex metamorphosed sediments. Initially known for near-surface oxide mineralization, the deposit has further revealed high-grade bornite and chalcopyrite zones extending profoundly below the surface. This thorough exploration reinforces Marimaca’s long-term strategy, vital for potential expansion and resource estimation.
Insights and Future Steps
The positive outcomes from the current drilling highlight the rich potential at Pampa Medina and the importance of continued exploration. Moving forward, Marimaca plans to pursue deeper and more extensive drilling campaigns into other promising sectors of the deposit. Enhanced geological models and newly collected data will guide future operations, focusing on both copper oxide and sulphide mineralization opportunities.
Frequently Asked Questions
What are the main findings from the latest drilling results?
The latest drilling results show promising extensions of copper mineralization at various depths, particularly in southern and central Pampa Medina.
What does the follow-up Phase II drilling program entail?
The follow-up program will involve an extensive 30,000-meter drilling campaign using five rigs focused on confirming and expanding the current mineralization findings.
What geological features characterize the Pampa Medina deposit?
The Pampa Medina deposit is a stratiform manto-style copper deposit predominantly found in sedimentary units from the Jurassic to Triassic periods, with significant high-grade mineralization yet to be fully explored.
Who is leading the exploration efforts at Marimaca Copper?
The exploration efforts at Marimaca Copper are spearheaded by Sergio Rivera, the Vice President of Exploration, with over 40 years of experience in the field.
How does the discovery at Pampa Medina contribute to Marimaca's growth strategy?
The discovery of copper mineralization at Pampa Medina significantly advances Marimaca's exploration strategy, allowing for potential enhancement of resource estimations and the company’s long-term growth objectives within the mining district.
