Marimaca Copper (MARI.TO) reported new assay results from the Pampa Medina deposit about 28 kilometers east of the Marimaca oxide deposit, the company said on Tuesday.
The results from the exploration drilling program at the deposit further validates the consistency of both oxide and sulphide mineralization across the high-grade central zone.
Step-out drilling continues to expand the mineralized sedimentary basin, with high-grade intercepts reported over 300 meters from previous drilling in the southwestern area of interest.
Drill hole SPRD-06 yielded a broader intercept of 424 m of 0.58% copper and 2.2 grams per tonne silver from 424 m, containing five high-grade, stacked mantos.
Other highlights include 166 m of 0.50% copper and 3.9 g/t silver from SPRD-02, 30 m of 1.00% copper and 7.3 g/t silver from 536 m from SWRD-05, 145 m of 0.41% copper and 1.9 g/t silver from 286 m from SPRD-01, and 14 m of 0.31% copper from 52 m from SPRD-03.