- Write by:
-
Thursday, April 23, 2020 - 12:28:29 PM
-
627 Visit
-
Print
Mining News Pro - Pan Global Resources has released the assays for three step-out holes completed at the La Romana target within the 57.6-sq.-km Escacena project. All three holes intercepted copper mineralization; two holes were collared 50 metres to the east and west of previous drilling, with one drillhole completed 25 metres up-dip of a prior intercept.
According to Mining News Pro - The drill highlights include 29.5 metres of 1.29% copper-equivalent, 21.3 metres of 1.03% copper-equivalent and 20 metres of 0.77% copper-equivalent.
“The new step-out drill results at La Romana show continuity to the copper mineralization and confirm the mineralization extends to within 5 metres from surface,” Tim Moody, the company’s president and CEO, said in a release. “The discovery of near-surface, high-grade copper in close proximity to several other mines is significant. New down-hole EM (electromagnetic) surveys have also expanded the size of the conductor anomaly coincident with the high copper zone…”
The mineralization remains open with results for an additional three holes pending. Downhole electromagnetic surveys have also expanded the geophysical anomalies within La Romana – these suggest two separate sulphide bodies – the latest reported holes targeted the upper conductor, with only the shallow portion drilled to date. Only one drill hole thus far has targeted the lower conductor; assays for this hole are forthcoming.
The La Romana target, with an overall strike estimated at 2 km and with of approximately 500 metres, is 12 km west of First Quantum Minerals’ Las Cruces copper mine and sits within the Iberian pyrite belt. In addition to La Romana, Pan Global has identified additional targets within the greater Escacena project grounds.
Short Link:
https://www.miningnews.ir/En/News/519687
Copper futures in New York rallied to a record high after a short squeeze that’s prompted a scramble to divert metal in ...
A Native American group said on Tuesday it will take its fight against Rio Tinto’s proposed Arizona copper mine to the ...
Teck Resources Ltd expects to generate annual earnings before interest, depreciation, tax and amortization (EBITDA) of ...
The state-run Chilean Copper Commission (Cochilco) will soon revise its copper price outlook, which will be considerably ...
Chilean mining giant Codelco is still working to meet its estimated output for the second quarter, CEO Ruben Alvarado ...
Truck drivers in Chile staged protests Monday in the mineral-rich north of the country and around the capital Santiago, ...
Democratic Republic of Congo’s government has lifted a suspension order on a Congolese copper and cobalt operation ...
Peru’s copper production came in essentially flat for March at about 219,000 metric tons, government data showed on ...
Oxford Economics Australia has released data showing mine maintenance spending may be hitting its peak. But what does it ...
No comments have been posted yet ...