Cerro Chacon Exploration Update
Key points
- Rock-chip samples returned up to 10.41 g/t Au and 553.42 g/t Ag
- New 2 km 'Jose' Vein mapped at Toro Hosco West
- Geological continuity between La Javiela and Toro Hosco confirmed
Full summary
Piche Resources Limited (ASX:PR2) has reported results from 603 rock-chip samples and new geological mapping in the southern part of the Cerro Chacón Gold-Silver Project in Patagonia, Argentina. The work returned up to 10.41 g/t Au and 553.42 g/t Ag and identified new epithermal veins with strike lengths of up to 2 km. The results support the Company's interpretation that the epithermal vein system is continuous between La Javiela and Toro Hosco and extends west of Toro Hosco. The programme combined geological mapping and rock-chip sampling to assess the geological and geochemical continuity of the low-sulphidation epithermal (LSE) system and evaluate the potential westward extension of the epithermal vein system beyond the Toro Hosco prospect.
Outlook
The Company is focusing on data integration and geological interpretation, with plans for continued mapping, a magnetic survey, and RC drilling to test the continuity of gold and silver mineralization.
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