Latin Metals Inc. declares that it has found zones of high-grade copper mineralization at the Company’s 2,000-hectare, wholly owned Tillo project, situated in Peru’s Coastal Copper Belt.
This is the first exploration finished on this new copper project, and Latin Metals’ work has started with a geochemical sampling of soils and talus fines for a complete 253 geochemical samples.
Numerous zones of anomalous samples have been delineated, such as the biggest zone which quantifies nearly 2,500 m x 1,000 m in area. Inside this zone, copper values vary from 250 ppm to a peak of 1,050 ppm copper, with supporting molybdenum mineralization.
The anomalies characterized by talus and soil sampling are backed by geological mapping and sampling, which determined copper mineralization in porphyry-textured outcrops.
A program of elaborate rock chip sampling and geological mapping has been anticipated to begin in Q1. It stresses the most anomalous areas characterized by the initial sampling.
Coastal Copper Belt
The Coastal Copper Belt located in Peru is a Cretaceous belt hosting a range of deposit kinds such as Epithermal, Porphyry, VMS, and IOCG. Latin Metals consists a total of six wholly owned copper exploration properties in the Coastal Belt.
The Lacsha copper-molybdenum project of the company is drill ready and permitted completely for drilling. The Auquis copper-molybdenum-gold project is taken forward and anticipated to be drill-ready in 2023. For the first time, the Tillo property explained herein is being explored.
At Tillo, the work program was developed and administered by Eduardo Leon, Exploration Manager of the company, who is accountable for all aspects of the work, such as the quality control or quality assurance program.
The B horizon soil samples were gathered in excavated pits measuring 40 cm x 40 cm with sample material of around 1.5 kg to 2 kg. In areas lacking ideal soil development, talus samples were collected rather.
Sample spacing on the property measures around 300 m to 350 m. On-site personnel at the project meticulously gather and track samples which are further security sealed and shipped to the ALS laboratory in Lima.
Samples utilized for the outcomes explained herein are made ready and examined by multi-element analysis utilizing an inductively coupled mass spectrometer in accordance with industry standards.