• JOGMEC¬†JOGMEC_LogoArena joint venture has received drilling permits for the Pampa Union drill program that forms part of the US$17.5 million JOGMEC joint venture. The exploration program has been designed to complete a 1.5 kilometre grid spacing drill pattern over Pampa Union as well as follow-up on previous successes. Drill hole PU-RC-39, drilled in the north-western portion of the Pampa Union block, intersected a lithocap, alteration and pyrite shell characteristic of a porphyry system down to a total depth of 441 metres below surface. The followup 241 platform drill program has met all necessary environmental, health and safety, fresh water resource management, archeological, communal, fauna and flora standards and was officially approved by the National Environmental Assessment Service in Santiago.
  • The drill program is fully funded by the JOGMEC joint venture

JOGMEC Option Agreement:

  • 14,900 metres drilled to date
  • Grid drilled property on minimum 3km spacing

Discovery of two porphyry systems:

  • PU-RC-39 area on the Pampa Union claim block
    • Intersected a lithocap followed by 271 metres of advanced to intermediate argillic alteration in volcanics
    • Intersected pyrite shell for over 200 metres
  • CA-RC-22 area on the Carmen Alto claim block

As a result of this success, a further 241 drill holes to be permitted on Pampa Union & further drilling is being planned on Carmen Alto

Follow up on PU-RC-39 and 1.5km grid is main focus of current drill campaign

JOGMEG Exploration Model