Great Southern completes first RC drilling at Especularita project

Great Southern Copper has completed its inaugural scout reverse circulation (RC) drilling run astatine the Especularita task successful Chile, focusing connected exploring large-scale porphyry copper systems.

The task is situated astatine debased elevation and benefits from proximity to existing infrastructure and mining services.

It is located on a inclination of large copper deposits successful Chile, including Los Pelambres, Altar and El Pachon.

The institution holds the close to get 100% ownership of the project.

It has drilled 17 scout RC holes, comprising 2,474m, crossed the task area.

The drilling targeted prospects on the occidental and confederate margins of the La Colorada precocious argillic lithocap.

According to the company, these areas were selected owed to their geological characteristics, which suggest the imaginable vulnerability of porphyry-style alteration astatine the aboveground surrounding the lithocap.

Initial drilling astatine the Piedras Blancas and Artemisa North targets intersected diorites and microdiorites showing beardown magnetite-biotite-pyrite alteration overprinted by aggravated chlorite-sericite alteration.

Notably, 2 drill-holes, RC001 astatine Piedras Blancas and RC008 astatine Artemisa North, intercepted porphyry-copper-style potassic alteration, identified by hydrothermal biotite and quartz veinlets, adjacent to the surface.

At the Victoria and Artemisa South targets, drilling revealed little aggravated phyllic-style alteration, and mineralisation appears to beryllium much structurally controlled.

The wide strength of veining and copper-oxide occurrences reportedly increases towards the north, suggesting a imaginable root of mineralising fluids beneath the La Colorada lithocap.

Sample postulation followed a 2m interval protocol, with procedures successful spot for prime assurance and control.

All samples person been sent to ALS Laboratories successful Santiago and La Serena for preparation, with consequent assays to beryllium conducted successful Lima, Peru.

Great Southern Copper expects the archetypal assay results wrong 2 to 4 weeks.

Ongoing mapping and geophysical enactment are acceptable to pass further exploration astatine different prospects wrong the licence area.

Great Southern Copper CEO Sam Garrett said: "We are pleased to person completed our archetypal drilling trial of the flanking margins of the elephantine lithocap alteration strategy astatine Especularita.

"This programme is important due to the fact that it volition let america to vector aboriginal drilling wrong the lithocap to people areas that person the astir imaginable to big copper and golden mineralisation."

Last month, the institution started scout RC drilling astatine the Artemisa South copper-gold target, portion of its Especularita project.

"Great Southern completes archetypal RC drilling astatine Especularita project" was primitively created and published by Mining Technology, a GlobalData owned brand.