Western Metallica Resources CEO Greg Duras joined Steve Darling from Proactive to share news about the company's recent acquisition of the Turmalina and Caa Brava Projects in Northern Peru.
Duras explained to Proactive that exploration activities at Caa Brava have included geological mapping supported by Short Wave Infra-Red (SWIR) spectrometry analysis. The objectives of these activities are comprehensive: they aim to determine the extent of alteration related to porphyry systems, understand the potential zonation both laterally and vertically, identify controlling structures and favorable host lithologies, and conduct systematic rock sampling to define geochemical anomalies and vectors that lead to mineralized centers.
The preliminary data has led Western Metallica to believe that Caa Brava holds the potential for a cluster of medium-sized porphyry copper-molybdenum systems with above-average grades.
Duras underscored that the promising early data, along with the company's expertise in exploration and development, and a robust financial position approximately $3 million in capital positions Western Metallica favorably for advancing operations into 2024. This financial readiness and the untapped prospects of the Caa Brava project present an opportunity for the company to explore and possibly develop this copper resource.
View source version on newsdirect.com: https://newsdirect.com/news/western-metallica-underway-with-field-work-at-newly-acquired-peruvian-copper-projects-144239079
Western Metallica Resources Corp.
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