Drilling has reportedly started at the Carachapampa project in Chile, according to Halcones Precious Metals Corp.
The first drill hole of the 2,000 m exploration program was collared on February 5th, 2023, after the drill had been transported to the project during the previous seven days. Taking a route along paved, sealed roads accessible all year long, it takes 180 km to get to the Carachapampa project from Copiapo.
As previously stated, the Halcones exploration team recently conducted a successful field exploration program focused on two target locations: the Central target and the Northwest target. This drill program is intended as a follow-up to that program.
The target areas possess several characteristics of high sulfidation epithermal deposits (HSE), including high-grade surface mineralization over a wide area, the ideal geophysical signature, and their location in a geological setting known to support HSE occurrence.
During the most recent fieldwork session, several high-quality surface samples were gathered. Over a 500 m2 region on the side of the recently found volcanic dome, a surface sample from the Central Target returned values ranging from 1.43 g/t gold to 18.5 g/t gold. In the Northwest Target, a similar surface sample approach across a 600 m area yielded readings ranging from 0.54 g/t gold to 2.5 g/t gold.
About the Drill Program
The two targets will each receive 2,000 m of drilling as part of the initial drill contract. To examine the regions immediately under the outcrop samples, planned holes are only a few inches deep.
The project area is coated in a thin layer of younger volcanic with few outcrop windows. The current drill program aims to corroborate the interpretation of governing structures and further the knowledge of the underlying geology.