Western Metallica Resources Set to Begin Drilling at Cana Brava Copper Project
TL;DR
Western Metallica Resources aims to make significant copper discoveries in Peru, gaining a competitive edge in the mining industry.
The company plans to start drilling in mid-July 2024, with a scout drilling operation covering 2000 to 2500 meters and targeting a 0.5% copper over 100 meters.
The potential discoveries and contributions to the copper market by Western Metallica Resources could positively impact the electrification story and global copper supply.
Collaboration with neighboring projects and the strategic position in Peru provide valuable insights and cooperative opportunities for Western Metallica Resources.
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Western Metallica Resources is preparing to embark on its inaugural drilling operation at the Cana Brava copper project in Peru, with plans to commence in mid-July 2024. This move marks a significant step for the company as it seeks to capitalize on the copper-rich Andean region.
The Cana Brava copper project, which includes the Luz Maria and Cana Brava 1 prospects, spans approximately 3100 hectares. The company has been diligently preparing for the drilling phase, assembling a geological team in Peru and identifying a notable 2.7 km by 1.5 km area of alteration typical of Andean porphyry systems.
The upcoming drill program will be a scout drilling operation, consisting of 2000 to 2500 meters. The primary objective of this operation is to achieve a discovery drill hole, with a target of 0.5% copper over 100 meters. CEO Greg Duras underscored the importance of copper in the global electrification narrative and highlighted Peru's strategic position as a leading copper mining jurisdiction.
Collaboration with neighboring projects has also been a critical component of Western Metallica's strategy. Insights gained from nearby projects, such as those conducted by HudBay, have been invaluable. Local geological teams are sharing data and strategies, fostering an environment ripe for future cooperative opportunities.
Western Metallica is well-funded for its exploration plans and holds an optimistic outlook on potential discoveries. The company's efforts are expected to make significant contributions to the copper market, further bolstering its position in the industry.
Curated from News Direct
