Flagship Minerals’ ASTER Survey Maps Large-Scale Gold Targets at Pantanillo in Chile

The latest update is out from Pan Asia Metals Ltd. ( (AU:FLG) ).

Flagship Minerals has completed an ASTER remote sensing study over its Pantanillo Gold Project in Chile’s Maricunga Belt, identifying extensive alteration zones consistent with large-scale high-sulphidation epithermal and porphyry-style gold systems. The work outlines two major alteration corridors over 5km long and up to 2km wide, plus several additional 1–2km targets, supporting the geological model and revealing both surface/near-surface prospects and deeper inferred targets beneath lithocaps. These results will be integrated with existing geological, geochemical and geophysical datasets to refine exploration and drill targeting, and will feed into the ongoing conversion of Pantanillo’s existing foreign gold resource estimate into a JORC-compliant Mineral Resource, potentially enhancing the project’s definition and Flagship’s positioning within a region of emerging, low-cost open pit gold developments.

The most recent analyst rating on (AU:FLG) stock is a Hold with a A$0.25 price target. To see the full list of analyst forecasts on Pan Asia Metals Ltd. stock, see the AU:FLG Stock Forecast page.

More about Pan Asia Metals Ltd.

Flagship Minerals Limited is an ASX-listed exploration company focused on gold in the Maricunga Gold Belt in northern Chile, a highly endowed Andean gold province hosting more than 65 million ounces of resources. Its flagship Pantanillo Gold Project sits centrally within the belt, on trend with multiple tier-one deposits, and targets large-scale high-sulphidation epithermal and porphyry-related gold systems that are amenable to low-cost open pit mining and heap or dump leach processing, similar to nearby operations such as Rio2’s Fenix project.

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Technical Sentiment Signal: Buy

Current Market Cap: A$74.96M

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