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Pershimco Resources Reports Step-Out Hole Results from La Pava

Pershimco Resources has reported the results of step out drill holes in order to expand the oxide gold level to the northern part and to dig the deep potential of sulphides at La Pava.

The location of the step out holes is at La Pava’s northern slope that is around 175 m to the ridge’s northern part. High-grade intercepts of gold-copper-silver are present at the depth that is in sulphidic hydrothermal breccia lenses in the holes PDH11019, PDH11018 and PDH11017.

The previous reverse circulation (RC) drill program has tended to initially intersect gold-copper sulphides and supergene mineralized gold-copper just beneath the oxide zone at the project. The combined results from this new drilling program and the previous drill have demonstrated a strong high sulphidation, gold-copper epithermal system, which expands from the surface to the depth. The deep intercepts of gold-copper sulphide present in hydrothermal breccias has continued to offer the prospective for a gold-copper porphyry mineralization at the depth.

The company has drilled at La Pava’s northern slope for expanding the shallow gold oxide resource and the oxide envelope has been increased to approximately 150 m to the northern part of the pit margin that was previously outlined.

Pershimco has shown the temperature rise at La Pava by means of the primary results from the alteration mineralogy with PIMA spectral tests conducted on drill core samples and outcrop. Initial analysis on these results has suggested a possibility for a high temperature outflow source to the Quemita-Quema system towards east.


Joel Scanlon

Written by

Joel Scanlon

Joel, originally from the UK, emigrated to Australia in 1995 and spent 5 years working in the mining industry as an exploration Geo-technician where he developed skills in GIS Mapping and CAD. Joel also spent a year working underground in a gold/copper mine. Upon moving to the North Coast of NSW, Australia Joel worked as a graphic designer for a leading consultancy firm before starting a successful business providing graphic and web design services to local businesses on the eastern seaboard of Australia. Joel is skilled in project management, web programming, design, animation, database and networking, software and editing. Joel has been with AZoNetwork since its inception in 2000.


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