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Marimaca Drills Pampa Medina Sulphides – Intersects Exceptional 6m of 12.0% Cu within 26m of 4.1% Cu in dominantly Bornite in SMRD-13, 40m of 2.1% Cu in SMD-02
Globenewswire· 2025-07-03 10:15
Core Insights - Marimaca Copper Corp. announced significant high-grade copper intersections at the Pampa Medina deposit, extending its mineralization in all directions [1][2][3] - The drilling results indicate a unique sediment-hosted copper system in Chile, comparable to notable global deposits [2][3] - The company plans to host an investor presentation to discuss these findings and their implications for future production [2][8] Drilling Results - Drilling confirmed the presence of ultra high-grade (>5% CuT) zones over 15 meters thick, located more than 600 meters apart [2] - High-grade (>1.0% CuT) mineralization was defined across a 600m x 1,000m area, with potential extensions to 1.4km x 1.2km [2][3] - Notable intersections include: - Hole SMRD-13: 6m of 12.0% Cu from 594m downhole within 26m of 4.1% Cu from 580m [2] - Hole SMD-02: 40m of 2.1% Cu from 282m downhole within 132m of 1.0% Cu from 278m [2] - Hole SMD-01: 68m of 1.2% Cu including 20m of 2.3% Cu from 298m downhole [2] Geological Context - Pampa Medina is characterized as a manto-style copper deposit hosted in Jurassic-Triassic sedimentary units, with mineralization extending laterally down-dip [10][11] - The sedimentary units are extensive and mineralized over many square kilometers, indicating significant potential for high-grade sulphide mineralization [3][4] - The geological model has been updated to focus on lower sedimentary units as productive horizons for future drilling [11] Infrastructure and Development Potential - The location of Pampa Medina offers significant infrastructure advantages, being close to existing mines and associated facilities [2] - The low altitude and flat terrain provide ample space for future facilities and infrastructure development [2] - The company anticipates that the Pampa Medina and Madrugador oxide deposits will enhance its copper cathode production profile and extend mine life [5][6] Future Plans - The company is completing a 10,000m drilling program across 14 diamond holes to further define the limits of the prospective sedimentary units [5] - The Definitive Feasibility Study (DFS) for the Marimaca Oxide Deposit (MOD) is nearing completion and will be released soon [6][8] - The previously announced Preliminary Economic Assessment (PEA) for Pampa Medina will be paused to reassess the implications of the new drilling results [8]
Great Pacific Gold Wild Dog Drilling Returns 6m at 8.6 g/t AuEq in WDG-04
Newsfile· 2025-06-18 11:30
Vancouver, British Columbia--(Newsfile Corp. - June 18, 2025) - Great Pacific Gold Corp. (TSXV: GPAC) (OTCQX: FSXLF) (FSE: V3H) ("Great Pacific Gold," "GPAC," or the "Company") is providing an update on its exploration activities at the Wild Dog Project ("Wild Dog" or the "Project"), located on the island of New Britain, in the province of East New Britain, Papua New Guinea ("PNG"). The recently commenced drill program is designed to test high-priority targets over a 3km strike length within the mineralized ...
Midnight Sun Announces Exploration Progress at Solwezi
Newsfile· 2025-05-21 10:30
Vancouver, British Columbia--(Newsfile Corp. - May 21, 2025) - Midnight Sun Mining Corp. (TSXV: MMA) (OTC Pink: MDNGF) ("Midnight Sun" or the "Company") presents a progress update regarding the previously announced 2025 phase one exploration campaign. Work is underway on all three key targets and is expected to continue across several phases throughout the work season to rapidly advance the Company's Solwezi Project in Zambia. Update summaries provided for each target, with detailed description provided be ...