Aethon Minerals (TSXV:AET) has announced drill results from the company’s initial eight hole drill program at the Llanos De Llahuin project, located approximately 250 km north of Santiago in Chile.
The company said that the 2018 maiden drill program at Llanos consists of eight diamond drill holes totaling 1,417 metres. The shallow drilling program tested 700 metres of strike length to depths of up to 200 metres below surface. All of the drill holes targeted in the alteration zone were successful in intersecting copper and gold mineralization related to quartz veining over narrow thicknesses within a broad (up to 300 metres wide) zone of intense alteration.
As highlighted in the press release:
- Initial shallow drill program at Llanos intersects copper mineralization with gold credits, including: 4m of 1.44 percent copper with 0.10 grams per tonne (g/t) gold, 2m of 1.23 percent copper with 0.04g/t gold, 4m of 0.94 percent copper with 0.38g/t gold, 2m of 1.25 percent copper with 0.38g/t gold
- The drilling intersected pervasive, disseminated pyrite mineralization within the quartz-chlorite-sericite alteration zone, which could grade downwards into a potassic alteration zone with associated, higher grade copper-gold mineralization.
- A suite of core samples has been submitted for petrographic study to determine the possibility of a deeper copper-gold mineralized porphyry system.
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