Core Viewpoint - Precore Gold Corp. has initiated a brownfield exploration program at its Arikepay Project in Arequipa, Southern Peru, following a successful site visit and review of historical drill results [1][2]. Group 1: Exploration Program Details - The exploration program is based on the recovery of historical drill core and cuttings, which showed promising results in previous campaigns [2]. - The geological team has outlined a clear methodology to unlock the property's value, including obtaining necessary drilling permits [3]. - The project is located in a well-established mining region, which has already granted environmental approvals for past drilling activities, facilitating current permitting requests [5]. Group 2: Community and Environmental Engagement - The company is prioritizing environmental and community work, with plans for a community outreach program set to commence in December [5]. - An update to the existing Certificate of Non-Existence Archaeological Remains (CIRA) will be conducted as the exploration program progresses [5]. - The access road to the project will be refreshed to ensure ease of access for technical teams and contractors [6]. Group 3: Technical Exploration Plans - Pre-drilling exploration work will include high-resolution downhole imaging to define the geometry of gold mineralization [10]. - A geophysical survey, such as induced polarization, will be conducted to understand the concentrations of sulfide associated with gold mineralization [10]. - Historical drilling data indicates significant intercepts, including 420 meters at 0.91 g/t Au, 1.16 g/t Ag, and 0.04% Cu from hole AK-DDH-02-17 [15]. Group 4: Company Background and Strategic Focus - Precore Gold is a Canadian junior gold exploration company focused on building a portfolio of exploration projects with strong gold discovery potential [20]. - The company aims to capitalize on opportunities in politically stable jurisdictions with promising historical drilling results that have not seen follow-up work in years [20]. - The Arikepay Project is positioned adjacent to several important operating mines, enhancing its development potential [7].
Precore Gold Begins Brownfield Exploration Program at Flagship Arikepay Project
Globenewswire·2025-12-02 10:30