Pampa Metals ( (TSE:PM) ) just unveiled an update.
Pampa Metals has announced a significant expansion of its Piuquenes Central copper-gold deposit in Argentina, following successful drilling results. The company’s recent drill hole, PIU-05, intersected strong copper-gold mineralization, extending the deposit to the south and enhancing its potential economic value. The results indicate promising high-grade sections, particularly with the presence of bornite, which could have positive implications for the project’s economics. The company is also awaiting results from additional drill holes that could further define the deposit’s southern margin and explore a newly discovered porphyry system at Piuquenes East.
More about Pampa Metals
Pampa Metals is a copper-gold exploration company listed on the Canadian Stock Exchange, Frankfurt, and OTC exchanges. The company focuses on the exploration and development of copper-gold porphyry projects, with a significant interest in the Piuquenes Copper-Gold Porphyry Project in San Juan Province, Argentina.
YTD Price Performance: 6.36%
Average Trading Volume: 49,654
Technical Sentiment Signal: Strong Buy
Current Market Cap: $9.3M
Learn more about PM stock on TipRanks’ Stock Analysis page.