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An update from Hansa Resources ( (TSE:TRBC) ) is now available.
Tribeca Resources has identified a potentially large porphyry–high sulphidation system at its Jiguata Project in northern Chile, with structural work placing the property on the Domeyko Structural Corridor and adjacent to the Loa fault, a setting that hosts several of Chile’s giant copper deposits. Mapping and interpretation have outlined four major alteration centres along a seven-by-four-kilometre trend, suggesting a sizable multiphase porphyry–epithermal district that could conceal copper and precious metal mineralization at depth.
The company reports that alteration mineralogy, large alunite- and jarosite-bearing breccias, relatively fresh dacitic domes and coincident IP chargeability and low resistivity anomalies are consistent with other recent deep porphyry discoveries beneath barren advanced-argillic caps. Tribeca is continuing systematic fieldwork, including geochemistry and spectral analysis, to refine targets and plans to advance to drilling once priority holes can be confidently positioned, a step that could materially advance the project’s exploration status if mineralization is confirmed.
More about Hansa Resources
Tribeca Resources is a Vancouver-based mineral exploration company focused on porphyry copper and related systems in Chile. Its flagship Jiguata Project, a 10,000-hectare property in the Tarapacá region, targets large-scale copper, gold and molybdenum deposits within the highly endowed Miocene and older porphyry belts of northern Chile.
Average Trading Volume: 149,525
Technical Sentiment Signal: Sell
Current Market Cap: C$15.67M
For a thorough assessment of TRBC stock, go to TipRanks’ Stock Analysis page.
