Pampa Metals (CSE:PM) is a copper-gold-silver-molybdenum porphyry exploration company with a focus on South America.
One of Pampa Metals’ most significant milestones was its agreement signed November 2023 to acquire an 80 per cent interest in the Piuquenes Copper-Gold Porphyry Project in San Juan Province, Argentina.
The Piuquenes Copper-Gold Porphyry Project is in a highly prospective area known for its mineral-rich deposits. The acquisition of this project solidifies Pampa Metals’ position in the region and expands its portfolio of mining assets.
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Stock Quote CSE:PM
Pampa Metals: An emerging copper, gold and silver play
Jonathon Brown, The Market Online
The Piuquenes central porphyry target has already shown promising signs of mineralization, with previous drilling intersecting significant high-grade intervals of copper, gold and silver mineralization. The current campaign aims to build upon these positive results and further define the extent and economic viability of the deposit.
In its first drill hole, the team intersected approximately 160 metres of supergene enriched copper mineralization from only 220 metres’ drill hole depth. It also reported that on the same drill hole, primary mineralization was intersected from only 350 metres’ drill hole depth.
Source: Pampa Metals Corp.
Investors should take note of the potential investment opportunity presented by Pampa Metals. The company's focus on copper, gold, silver and molybdenum, along with its strategic acquisitions and exploration campaigns, positions it well for future success.
As the demand for copper and other metals continues to rise, particularly in the renewable energy and electric vehicle sectors, companies such as Pampa Metals Corp. stand to benefit from the increasing demand and potential price appreciation of these commodities.
In the past month, the company’s stock has risen more than 80 per cent, reaching trading levels as high as $0.27.
For the latest on this opportunity, visit pampametals.com.
Source: Pampa Metals Corp.
- Tier 1 Location: Cu-Au-Ag exploration along the San Juan Miocene porphyry belt, the world’s hottest copper porphyry exploration belt.
- Discovery drill intercepts at Piuquenes Central include:
- 413.5m from 167m @ 0.47% Cu & 0.52 g/t Au (0.87% CuEq*)
- 558.2m @ 0.38% Cu, 0.42 g/t Au & 2.4 g/t Ag (0.73% CuEq)*,incl. 130 m @ 0.81% Cu, 0.6 g/t Au & 4 g/t Ag (1.31 % CuEq)*
- Entry Level valuation (~$15m) with near term upside from:
- Near term results from follow-up drilling at Piuquenes Central (commenced January 2024)
- Drill testing of Piuquenes East (Q4 2024 est.)
* %CuEq values are calculated based on copper and gold metal prices: Cu = US$3.20/lb and Au = US$1,700/oz. The formula utilized to calculate %CuEq is: Cu Eq Grade (%) = Cu Head Grade (%) + [(Au Head Grade (g/t) / 31.104) * (Au Price (US$/oz) / Cu Price (US$/lb) / 22.04)]