As you know from our recent press release, Pucara Gold's exploration team has been hard at work in Peru. We're looking forward to sharing the first results of our Lourdes drill program as soon as they're ready. In the meantime, we're giving our shareholders an on the ground look at the various drill targets and the promising geology on the property.
Over the next few weeks, we'll be sharing a series of videos where VP Exploration, Ken Balleweg, takes us on a journey through the Lourdes property. In this first episode, Ken showcases an outcropping, gold-bearing breccia at the Chucllani drill target at Lourdes — a sign of a dynamic high sulfidation epithermal gold system.
Pucara Gold Commences Drilling at Lourdes Gold Project
Summary
Pucara Gold has commenced its Phase 1 drilling campaign at the Lourdes Gold Project and expects to release initial drill results by December 2020
CEO, Steve Zuker, and VP Exploration, Ken Balleweg, have traveled to the Lourdes Gold Project to oversee the start of the drill campaign
Phase 1 consists of 5000 meters in 20 reverse circulation holes and will focus on four high priority target areas within the Lourdes Gold Project
The focus of Phase 1 drilling will test the Jellopata and Paccha Huayco diatremes and the Chucllani and Ayani zones where gold-bearing granular silica has been sampled in outcrop
Road access to four target areas completed with 12 drill sites constructed
Vancouver, British Columbia | Pucara Gold Ltd. (“Pucara Gold”, “Pucara” or the “Company”) (TSXV: TORO) is pleased to announce that it has commenced the Lourdes Gold Project drill campaign. Nine primary target areas have been identified for drill testing in the project area. Selection criteria include size and intensity of the hydrothermal alteration, presence of multiple alteration and brecciation events, strong structural control, anomalous rock and/or soil geochemical response, large IP resistivity anomalies, and large deposit size potential. Target areas are predominantly diatreme centers and/or broad structural zones or a combination of both. The first phase of the program consists of 20 holes (5000m) testing four target areas; Phase 2 consists of 16 holes (2650m) that include the remaining five target areas. Eleven additional sites are included in the proposed plan to allow for follow-up infill and step-out drilling with the 40 sites allowed by permit.
“We at Pucara have been anticipating drilling Lourdes for the last four years since the initial identification of the Lourdes diatremes by Ken Balleweg and their control on potential mineralization. We have followed-up with detailed geologic mapping, geochemical sampling, and re-interpretation of the IP geophysics to focus in on specific drill targets. Every bit of information compiled to date has continued to grow our excitement in the exploration potential at Lourdes,” stated Steve Zuker, CEO of Pucara, “Now with drill permits in hand and capital from our summer financing we are finally able to initiate our drill program and determine if Lourdes is the next great Peruvian gold discovery that we hope it to be.”
“We’ve been anxiously waiting to drill these targets for more than two years,” stated Ken Balleweg, VP of Exploration, “The project has had a tremendous amount of exploration work done prior to drilling with the generated data consistently pointing to the same target areas. It’s exciting to see the first drill holes in progress and we will be anxiously awaiting the results.”
https://pucaragold.com/news-releases/pucara-gold-commences-drilling-at-lourdes-gold-project/?utm_source=Pucara+Gold&utm_campaign=f0e6f7cf61-EMAIL_CAMPAIGN_2020_12_09_06_50&utm_medium=email&utm_term=0_e55c5fc67a-f0e6f7cf61-368740465
Click the image to play the video and go to
https://www.youtube.com/watch?v=LHAtVnHleXE&feature=youtu.be&utm_source=Pucara+Gold&utm_campaign=f0e6f7cf61-EMAIL_CAMPAIGN_2020_12_09_06_50&utm_medium=email&utm_term=0_e55c5fc67a-f0e6f7cf61-368740465
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