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Capella Resources Identifies New Copper/Gold Targets in Peru

Capella Resources has identified a new copper/gold porphyry target on its property in Peru. The airborne magnetic geophysical survey on the El Rojo and Habanero properties located in southern Peru was conducted by Geotech Ltd from Aurora in Ontario.

The Z tipper electromagnetic system or ZTEM was used due to its ability to resolve the deeper porphyry-style targets and penetrate the "silica-cap" that is often present in nearby mineralization systems. The properties are seen to be located within the regional mineralization trend of Andahuaylas.

The aeromagnetic data and ZTEM, collected at 300 meter line spacing indicate a presence of positive magnetic and ZTEM anomalies in both concessions. The analysis of satellite data has evidenced possible hydrothermal alteration assemblages indicative of argillic and steam-heated argillic in and around the Properties and showed correlation with the observed regional magnetic and circular geomorphologic features .

The data collected so far also suggests that at Habanero there is an isolated positive response zone exhibiting hydrothermal alteration assemblages towards the periphery where the surface volcanic cover has been removed. The Company is now preparing for a drill program to follow up the reports from the initial survey with sampling and mapping on both the properties.

Joel Scanlon

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Joel Scanlon

Joel relocated to Australia in 1995 from the United Kingdom and spent five years working in the mining industry as an exploration geotechnician. His role involved utilizing GIS mapping and CAD software. Upon transitioning to the North Coast of NSW, Australia, Joel embarked on a career as a graphic designer at a well-known consultancy firm. Subsequently, he established a successful web services business catering to companies across the eastern seaboard of Australia. It was during this time that he conceived and launched News-Medical.Net. Joel has been an integral part of AZoNetwork since its inception in 2000. Joel possesses a keen interest in exploring the boundaries of technology, comprehending its potential impact on society, and actively engaging with AI-driven solutions and advancements.


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