Next up , Robles Sergio Rivera, VP Exploration of Marimaca Copper, commented:
“We have expanded our reconnaissance work at Roble which continues to indicate a potentially significant mineralized system, with outcropping now extending over quite a broad 3km corridor of strike. It is highly unusual to identify an undrilled target, with extensive outcropping mineralization, in a mature copper jurisdiction like Chile.
“We have also completed Induced Polarization (IP) surveys to complement the magnetics, surface reconnaissance and sampling work. This shows, quite clearly, the extensive north-east-trending structural controls of the Roble Fault System are identifiable at depth. Notably, the resistivity anomaly is strongly coincident with the northern trend identified in the surface sampling work, highlighting a broad area of greater than 0.1% CuT coincident with the Roble Fault System and the magnetic anomaly identified in previous surveys. For IOCG deposits, large-scale structures controlling mineralization are essential for forming more extensive systems, and we believe the indications are Roble could be a significant system.
“We have been delayed slightly in commencing our drilling campaign at Roble, but we are currently finalizing our planning and infrastructure construction and expect to be drilling Roble during July.”