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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 (CSE:PM)

Pampa Metals


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Pampa Metals Launches Non-Brokered Private Placement to Fund Drill Testing of the Buenavista Target and the Block 4 Project

Pampa Metals Launches Non-Brokered Private Placement to Fund Drill Testing of the Buenavista Target and the Block 4 Project

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES

Pampa Metals Corp. ("Pampa Metals" or the "Company") (CSE:PM)(FSE:FIRA)(OTCQB:PMMCF) is pleased to report completion of its review and interpretation of the Block 4 Project and the Buenavista Target, and to announce a Non-Brokered Private Placement

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Pampa Metals Engages Market Maker

Pampa Metals Engages Market Maker

Pampa Metals Corporation ("Pampa Metals" or the "Company") (CSE:PM) advises that it has engaged the services of PI Financial Corp. ("PI") to provide market making services in accordance with the Canadian Securities Exchange ("CSE") policy

Commencing on January 1, 2023, PI will trade the securities of Pampa Metals on the CSE for the purposes of maintaining an orderly market. In consideration for this service, the Company will pay PI a monthly cash fee of $5,000 for a term of twelve months. Pampa Metals and PI are unrelated and unaffiliated entities.

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First Quantum Minerals Provides Update on Status of Cobre Panamá and the Punta Rincón Port

First Quantum Minerals Ltd. ("First Quantum" or "the Company") (TSX: FM) announces that on January 26, 2023, Minera Panamá, S.A. ("MPSA") received Resolution No. 007-2023 (the "Resolution"). The Resolution was issued by the Panamá Maritime Authority ("AMP") and requires the suspension of concentrate loading operations at the Cobre Panamá port, Punta Rincón, until evidence is provided that the process of certification of the calibration of the scales by an accredited company has been initiated.

MPSA submitted the required proof of the initiation of the certification process by an accredited company on February 3, 2023. This Resolution deviates from the prior process of internationally accepted certifications that MPSA has previously provided to AMP, which have been accepted until now. As a result, MPSA has suspended loading operations while it awaits a response from the AMP.

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Cyprium Metals

Building an Australian Copper Company

Investor Presentation February 2023

Cyprium Metals Limited (‘CYM’) is pleased to present its investor presentation.


Click here for the full ASX Release

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Cyprium Metals

Cyprium Metals Limited (ASX: CYM) – Reinstatement to Quotation

Description

The suspension of trading in the securities of Cyprium Metals Limited (‘CYM’) will be lifted immediately following the release by CYM of an announcement regarding a capital raise.

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Cyprium Metals Ltd A$35M Placement to Support Nifty Project Restart and Investor Presentation

Perth, Australia (ABN Newswire) - Cyprium Metals Limited (ASX:CYM) is pleased to announce that it has received firm commitments for A$35.0 million through a two-tranche placement (the Placement) of 318,636,364 fully paid ordinary shares (Shares) to sophisticated and institutional investors at $0.11 per Share. Each participant in the Placement will receive 1 free attaching option for every 1 Share to be issued under the Placement (Options).

The Placement was strongly supported by numerous sophisticated and professional investors, including numerous new and existing high quality domestic and offshore institutions.

The Options will be exercisable at $0.15 each on or before a date that is 2 years after the date of Cyprium shareholder approval. Cyprium will seek quotation for the Options, which will be subject to meeting certain listing requirements.

HIGHLIGHTS

- Firm commitments received for a Placement of 318.6 million shares at $0.11 per share to raise A$35 million (before costs)

- Placement participants to receive 1 attaching option for each Share, with a 2-year term and an exercise price of $0.15 per option

- Placement bookbuild received significant demand from numerous new and existing high quality domestic and offshore institutions

- Investor support for the Placement provides a strong endorsement of Cyprium's strategy and will be used as part of a total funding package for the Nifty Copper Project Restart

Managing Director Barry Cahill commented:

"We would like to thank the existing and incoming Cyprium shareholders for their support in this well supported capital raise. The commitments received for this Placement form part of the finance package for the restart of the Nifty Copper Project.

The completion of the capital raising, which is conditional with the finalisation of the senior debt financing will allow Cyprium to commence our construction plans and the production of copper metal plate on site in the first half of 2024.

The restart project economics remain very robust and are further enhanced based on current copper prices of AUD13,000 per tonne which is above those applied in the Nifty Copper Project Restart Study."

Use of Funds

From the Placement proceeds, A$20 million will be applied as part of the Company's funding strategy to finance the restart of the Nifty Copper Project which will aim to provide a sustainable, secure, and stable supply of copper metal at 25,000tpa.

The net proceeds from the bond issue together with the Offtake Prepayment Facility (refer to CYM ASX announcement dated 22 December 2022, "USD35M Secured Offtake Prepayment Facility for Nifty Copper Project Restart") comprises the targeted AUD240 million to AUD260 million debt funding package to finance the restart of the Nifty Copper Project.

The remaining funds raised from the Placement will be used to fund exploration activities, resource drilling, the costs of the capital raise, financing costs and for general working capital purposes.

*To view the Investor Presentation, please visit:
https://abnnewswire.net/lnk/767AQI25



About Cyprium Metals Ltd:

Cyprium Metals Limited (ASX:CYM) is poised to grow to a mid-tier mining business and manage a portfolio of Australian copper projects to deliver vital natural resources, strong shareholder returns and sustainable value for our stakeholders. We pursue this aim, in genuine partnerships with employees, customers, shareholders, local communities and other stakeholders, which is based on integrity, co-operation, transparency and mutual value creation.



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Cyprium Metals Ltd

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Cyprium Metals

Cyprium Metals Limited (ASX: CYM) – Suspension from Quotation

Description

The securities of Cyprium Metals Limited (‘CYM’) will be suspended from quotation immediately under Listing Rule 17.2, at the request of CYM, pending the release of an announcement regarding a capital raising.

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Investor Webinar - Updated

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