The company said the initial drill test by Teck was undertaken as a proof of concept, and the results are encouraging for the presence of a potentially mineralised hypogene porphyry copper centre.

Revelo Resources (TSXV:RVL) is pleased to report that Teck Resources Chile Limitada, a subsidiary of Teck Resources Limited, (TSX:TECK.A,TECK.B), has completed an initial drill test of Revelo’s Cerro Buenos Aires property in northern Chile, designed to test for a possible porphyry copper system.

As highlighted by the release, widespread advanced argillic alteration extends over more than 5 Km north-south on the Cerro Buenos Aires hill located immediately to the west of the area drill tested by Teck, and is indicative of the upper portions of a porphyry copper and associated high-sulphidation precious and base metals system. The overall hydrothermal system is very large – at least 20 Km², with further extensions to the north. A key N-S splay to a regional fault system (Dominador Fault) lies along the eastern margins of the property.

President and CEO of Revelo, Tim Beale said:

“The initial drill test by Teck was undertaken as a proof of concept, and the results are encouraging for the presence of a potentially mineralised hypogene porphyry copper centre associated with the magnetic anomaly, at greater depths than those drilled to date. We await further studies and results from Teck, together with a decision as to possible next steps.”

Click here to read the full Revelo Resources (TSXV:RVL) press release.