The Company has now received authorizations from the
Highlights
Start of Activities permit received to commence earthworks at Los Chapitos.
Condori Target-breccia grades up to 3.94% Cu and 24 ppm Ag in artisanal mining samples.
'Our drilling will test new areas to the north along the 8 km mineralized copper trend characterized by historical high-grade copper and silver artisanal mining activities,' said
The new drill targets at Lourdes and Condori show green copper oxides filling the breccia matrix as well as joints and faults visible at surface. The copper oxidized breccia matrix is common in the previously drilled Adriana discovery. Along with the main copper mineralization which trends Northwest we are targeting structures that trend North-South and North-East that could provide additional conduits for mineralization.
The Lourdes target mineralization grades of up to 4.16% Cu and 26.9 ppm Ag were found in channel sampling intervals of 1.3 to 2 metres. The manto mineralization in
Los Chapitos is a 220 sq. km project with multiple-permitted areas along the 8 km mineralized Diva Trend, with 22,888 metres of drilling completed to date.
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Cautionary Note Regarding Forward Looking Statements
Certain disclosures in this release constitute forward-looking information. In making the forward-looking disclosures in this release, the Company has applied certain factors and assumptions that are based on the Company's current beliefs as well as assumptions made by and information currently available to the Company. Forward-looking information in the release includes the prospectivity of future exploration work on the Los Chapitos projects and completion and results of the drill program at Los Chapitos. Although the Company considers these assumptions to be reasonable based on information currently available to it, they may prove to be incorrect, and the forward-looking information in this release is subject to numerous risks, uncertainties and other factors that may cause future results to differ materially from those expressed or implied in such forward-looking information. Such risk factors include, among others, that actual results of the Company's exploration activities will be different than those expected by management, that the Company will be unable to obtain or will experience delays in obtaining any required approvals and the state of equity and commodity markets. Readers are cautioned not to place undue reliance on forward-looking statements. The Company does not intend, and expressly disclaims any intention or obligation to, update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required by law.
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