Panoro Minerals (TSXV:PML) has reported additional assays results for six drill holes from its Cotabambas porphyry copper-gold-silver project located in southern Peru.
According to the release, the drill holes have intersected additional oxide and primary sulfide mineralization at the Maria Jose 1 and 2 targets and the Petra target. Additional drilling is planned in these areas in 2018.
As quoted in the press release, president and CEO of Panoro, Luquman Shaheen said:
“The 2018 drilling to date has intercepted additional near-surface oxide copper mineralization at both Petra and Maria Jose adding to the potential to include a heap leach and SX/EW component to the Cotabambas project. The underlying primary mineralization requires additional drilling to target the higher grade areas intercepted in 2017. The interception of skarn mineralization is a new component to the geologic potential within Cluster 1. The potential for connection with the Cluster 2 Skarn mineralization opens a new corridor for exploration potential. The drill permit expansion to include Cluster 2 is well advanced and we expect to have final approval soon. The company has expanded the mapping and sampling campaign in this area to define additional drill targets.”
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