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Joseph van den Elsen, Pampa Metals President and CEO commented: "Following on from the exceptional porphyry copper-gold intersections reported in the first hole of our maiden drill campaign at Piuquenes we are very pleased to report further long intervals of strong primary copper mineralization in the second hole. Our initial drilling continues to extend the depth and lateral extensions of mineralization at Piuquenes Central and has confirmed a highly mineralized multi-phase porphyry system which remains open to depth and to the north-east. We are now eagerly awaiting the results from a recently completed third hole. Pampa Metals firmly believes the Piuquenes project is a Company maker asset and looks forward to more fully delineating the size and grade potential of this first deposit and simultaneously testing a second undrilled, outcropping porphyry already identified at Piuquenes East. We see the potential for a cluster of deposits on the property and will continue to advance several other nearby targets with surface exploration and geophysics."
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