Core Insights - Western Metallica Resources Corp. has reported positive results from its inaugural scout drilling program at the Luz Maria copper-molybdenum target, indicating the potential for a significant porphyry-style deposit in Northern Peru [1][2] Drilling Program Overview - The initial drilling program consisted of three holes totaling 1,056.25 meters, confirming homogeneous copper and molybdenum grades throughout the drill sites [1][5] - The drill holes LM24DD001, LM24DD002, and LM24DD003 showed a transition from disseminated pyrrhotite to a stockwork of sulfide veinlets, suggesting an eastward vector towards a hotter center of the porphyry system [1][5] - The program tested only about 5% of the Luz Maria anomaly, with the longest alteration footprint measuring 2.7 kilometers [5] Geological Findings - The drill holes intersected strongly altered intrusive rocks with well-developed alteration assemblages typical of Andean porphyry systems, including potassic, phyllic, and sodic alterations [5][7] - The mineralization observed included chalcopyrite and molybdenite disseminations, with the best result being 1.8 meters at 0.2% Cu [5][7] - The increasing pyrrhotite content and stronger magnetic and chargeability signatures at depth support the geological interpretation of targeting hotter zones closer to the porphyry source [5][7] Future Exploration Plans - The company plans to continue exploring other identified targets, including Caña Brava 1, which features a 1.5 km by 1.5 km phyllic alteration anomaly with surface copper grades up to 0.4% [7] - The exploration work has defined a 10-kilometer unexplored structural corridor of porphyry-related targets, with Luz Maria being the first to be drill tested [2][7] Project Background - The Caña Brava Project is a 5,700-hectare area located in Northern Peru, strategically positioned near industrial ports and major roads, enhancing its scalability potential [12][13] - The project is situated within an under-explored sector of the Cu-Mo metallogenic belt, which hosts several world-class deposits [12][13]
Western Metallica Validates Copper Porphyry Potential by Completing Scout Drilling Program at its Caña Brava Cu-Mo Project In Peru