Pampa Metals (CSE:PM)

Pampa Metals: Targeting Giant Porphyry Copper Deposits along Prolific Chilean Copper Belts


Pampa Metals (CSE:PM – “Pampa”) has seven exploration projects, which collectively form a large, prospective, and strategic landholding of approximately 47,400 hectares along the prolific north Chilean Domeyko and Paleocene Mineral Belts. These belts are host to and highly prospective for, giant porphyry copper deposits. Pampa retains 100 percent ownership of all seven projects, with two of these projects under option and being farmed out to Austral Gold (AGD:ASX / AGLD:TSX-V).

The Domeyko Mineral Belt is characterized by a complex system of faults that run parallel to the Andean mountains and Chilean coastline. These faults have acted as key geologic controls on the emplacement of porphyry copper deposits, including those within three of the world’s five largest copper mining districts at Collahuasi, Chuquicamata, and La Escondida. The La Escondida-Zaldivar copper mining complex is the world’s single largest copper mining district. Other significant copper mining districts along the belt occur at Centinela, El Salvador, and elsewhere.Pampa controls one of the few significant, junior-owned land packages along the Domeyko Belt, providing its shareholders with unique exposure. The company’s flagship Block 4 copper project lies along the Domeyko Belt and hosts several untested, drill-ready targets, defined by geology, geophysics, geochemistry and age-dating carried out by Pampa over the last 18 months.

Pampa looks forward to commencing a maiden drill program at Block 4 prior to the end of Q1 2023.

Block 4 Copper ProjectCopper Oxides Overlooking Buenavista Porphyry Target at Block 4

The 100-percent-owned Block 4 project, located along the Domeyko Mineral Belt, hosts several untested porphyry copper targets, including the principal Buenavista Target. The project covers over 6,600 hectares and is located along trend some 110 kilometers south of the major Escondida-Zaldivar copper mining complex. The Buenavista Target hosts dacite porphyry, evidence for phreatomagmatic breccia, quartz-veinlet stockwork, quartz-sulphide breccia, and trenches containing copper-moly-gold-silver anomalies, with complementary geophysical anomalies. Additional targets are largely defined by geophysical anomalies through post-mineral cover, and may suggest a cluster of porphyry systems on the Block 4 property.

Company Highlights

  • Pampa Metals is a junior copper exploration company seeking to identify giant porphyry copper deposits along the Domeyko and Paleocene Mineral Belts in northern Chile.
  • The company controls a unique, wholly owned land package across seven projects, covering a combined area of approximately 47,400 hectares along the Domeyko and Paleocene belts. As Pampa enjoys 100 percent ownership of all its properties, there are no deferred asset payments or project expenditure commitments.
  • The company’s priority Block 4 copper project hosts several drill-ready targets, generated by extensive surface exploration campaigns carried out by Pampa, including geological mapping, trenching, geophysics, geochemistry and geologic age-dating.
  • Pampa has farmed out two projects to Austral Gold and is actively seeking to farm-out three other projects to allow it to focus on its priority projects, including Block 4.
  • Pampa has an experienced management team with a long history of successful discoveries and long-standing working knowledge of Chilean porphyry copper deposits, which underpins Pampa’s focus on its maiden Block 4 drill program, and its efforts to advance, identify and acquire other compelling opportunities to discover giant copper porphyry deposits in Chile.

 This Pampa Metals profile is part of a paid investor education campaign.*

Click here to connect with Pampa Metals (CSE:PM) to receive an Investor Presentation

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Pampa Metals Intersects 304m at 1.07% CuEq* incl. 132m at 1.45% CuEq* from First Drillhole at the Piuquenes Porphyry Project, Argentina

Pampa Metals Intersects 304m at 1.07% CuEq* incl. 132m at 1.45% CuEq* from First Drillhole at the Piuquenes Porphyry Project, Argentina

Pampa Metals Corp. ("Pampa Metals" or the "Company") (CSE:PM)(FSE:FIR)(OTCQB:PMMCF) is pleased to report assay results for the upper 502 meters of diamond drillhole PIU-01 (refer figure 1) which was recently completed to a depth of 867m at the Company's Piuquenes Central porphyry target located in San Juan Province, Argentina. Assay results for the upper 502m section of hole PIU-01 include

  • 304m @ 0.48% Cu, 0.68 g/t Au, 3.1 g/t Ag (1.07% CuEq)* (from 198 m);
    • including 132 m @ 0.71% Cu, 0.85 g/ Au, 4.3 g/t Ag (1.45% CuEq)* (from 220m); and
    • including 34 m @ 0.60% Cu, 0.93 g/t Au, 3.6 g/t Ag (1.38% CuEq)* (from 468m).

Assays results from 502m to 867m (End Of Hole) are expected shortly.

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Pampa Metals Intersects Wide Interval of Copper Mineralization at Piuquenes, Argentina

Pampa Metals Intersects Wide Interval of Copper Mineralization at Piuquenes, Argentina

Pampa Metals Corp. ("Pampa Metals" or the "Company") (CSE:PM)(FSE:FIR)(OTCQB:PMMCF) is pleased to report that diamond drillhole PIU-01 (refer figure 1) was completed at a downhole depth of 867m. First assay results are expected shortly. Drillhole PIU 02, the second hole of the current program, has commenced

Hole PIU-01, designed to extend Cu-Au mineralization to depth on the southwestern margin of the Piuquenes Central porphyry, intersected a 160m zone of supergene copper enrichment between 220m and 380m downhole, coincident, and overlapping with primary mineralization from 350 meters. Strong primary mineralization associated with intense porphyry A type quartz stockwork veining is evident from 350m to approximately 650m. From 650m to the end of hole at 867m quartz veining and mineralization continues, becoming progressively less intense with depth. From 830m disseminated hematite/specularite-pyrite-chalcopyrite mineralization is hosted in volcanic host rocks outside the porphyry intrusive and remains open at depth.

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Pampa Metals Intersects Thick Supergene Copper Enrichment Blanket and Extends Primary Cu-Au Mineralization to Depth at Piuquenes, San Juan Province, Argentina

Pampa Metals" or the "Company") (CSE:PM)(FSE:FIR)(OTCQB:PMMCF) is pleased to report that drilling to test for lateral and depth extensions below previous high grade porphyry copper-gold intersections at the Piuquenes Cu-Au porphyry project has successfully intersected wide intervals of both secondary and primary mineralization. Excellent progress is being made and drilling is continuing

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Pampa Metals Corp. ("Pampa Metals" or the "Company") (CSE:PM)(FSE:FIR)(OTCQB:PMMCF) is pleased to advise that a total of 7,105,586 share purchase warrants issued on November 10, 2022 (the "2022 Warrants") and March 2, 2023 (the "2023 Warrants"), have been exercised, realizing gross proceeds of $729,741.2022 and 2023 Warrants

The exercise price of 1,708,588 2022 Warrants and 5,857,734 2023 Warrants (7,566,322 total) was reduced to $0.095 and $0.105 in September and October of 2023 respectively (see news releases dated September 22, 2023 and October 23, 2023) and, in accordance with the policies of the Canadian Stock Exchange ("CSE"), the expiry date accelerated upon the Company's common shares closing at or above $0.125 in the case of the 2022 Warrants and $0.13 in the case of the 2023 Warrants, for a period of at least 10 consecutive trading days. This condition was met on December 14, 2023, and as a result, the expiry date of the 2022 Warrants and the 2023 Warrants outstanding was accelerated to January 23, 2024.

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Pampa Metals Commences Diamond Drill Program at the Piuquenes Copper-Gold Porphyry Project

Pampa Metals Corp. ("Pampa Metals" or the "Company") (CSE:PM)(FSE:FIRA)(OTCQX:PMMCF) is pleased to advise that follow-up diamond drill testing at the Piuquenes Copper-Gold Porphyry project has commenced. The primary objectives of the program are to test the depth and lateral extension of the high-grade intervals of open mineralization at Piuquenes Central, and its potential to host an orebody of 1,000 m depth and 300 - 500 m diameter

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