Western Metallica Resources is making significant strides in its exploration efforts at the Luz Maria and Cana Brava 1 targets, with a focus on identifying copper-molybdenum porphyry systems. The company's Vice President of Exploration, Giovanni Funaioli, has detailed the current geophysical and field mapping activities that are building upon previous discoveries of strong magnetic anomalies. These anomalies are indicative of large alteration footprints typical of Andean copper-molybdenum porphyry systems.
The exploration strategy includes completing approximately 16-line kilometers of pole-dipole Induced Polarization (IP) geophysical surveys. These surveys are crucial for pinpointing sulphide-rich mineralization areas and potential blind intrusions hidden beneath altered Cretaceous sedimentary rocks and recent colluvium. The expertise of an in-house geophysicist, who specializes in porphyry and intrusion-related systems in the Andes, ensures the quality and accuracy of the geophysical data collected.
In addition to geophysical surveys, Western Metallica Resources is employing portable-XRF soil data acquisition techniques to map the distribution of copper (Cu) and molybdenum (Mo) on the surface. This method, combined with pole-dipole IP geophysical data, aims to detect sulphide-rich and resistivity anomalies that may signify underlying mineralized bodies. The company's field programs are also expanding beyond the main creeks where mineralized intrusive outcrops have been previously identified, to confirm the extent and continuity of copper-molybdenum porphyry mineralization.
The integration of these extensive datasets is expected to provide a thorough understanding of the prospects' potential, paving the way for the next phase of scout drilling anticipated to begin by Q3-2024. Western Metallica Resources' commitment to these exploration activities underscores its dedication to uncovering valuable mineral deposits in the region, which could have significant implications for the mining industry and global supply of copper and molybdenum.
