(NewsDirect)
Western Metallica Resources CEO Greg Durasjoined Steve Darling from Proactive to share news about thecompany's recent acquisition of the Turmalina and Caña BravaProjects in Northern Peru.
Durasexplained to Proactive that exploration activities at Caña Brava haveincluded geological mapping supported by Short Wave Infra-Red (SWIR)spectrometry analysis. The objectives of these activities arecomprehensive: they aim to determine the extent of alteration relatedto porphyry systems, understand the potential zonation both laterallyand vertically, identify controlling structures and favorable hostlithologies, and conduct systematic rock sampling to definegeochemical anomalies and vectors that lead to mineralized centers.
The preliminary data has ledWestern Metallica to believe that Caña Brava holds the potential fora cluster of medium-sized porphyry copper-molybdenum systems withabove-average grades.
Duras underscored that the promisingearly data, along with the company's expertise in exploration anddevelopment, and a robust financial position — approximately $3million in capital — positions Western Metallica favorably foradvancing operations into 2024. This financial readiness and theuntapped prospects of the Caña Brava project present an opportunityfor the company to explore and possibly develop this copper resource.
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