EuroPacific Metals CEO Karim Rayani recently announced promising drill results for the Miguel Vacas project in Portugal, highlighting the project's potential as a major copper venture. The latest drilling efforts targeted a high-grade zone below a previously drilled section, with a 350-meter hole intersecting a mineralized section of 10.5 meters grading 2.56% copper, including 5.9 meters grading 4.52% copper. This high-grade zone is located approximately 80 meters to the NNE of a previous hole, which had revealed 22.8 meters grading 2.76% copper, including 9.0 meters grading 7.49% copper.
The Miguel Vacas mine area is situated about 180 kilometers east by road from Lisbon and approximately 70 kilometers east from Évora, the capital of the Alentejo region. The site showcases a mineralized system extending at least 2 kilometers along strike and remains open at depth. The mineralization is hosted in a polymict breccia with a quartz-carbonate matrix and quartz, grey shales, and graphitic phyllite clasts, striking NNE-SSW.
Additional drilling is underway to target the northern and southern areas of the project to confirm the oxidative blanket and facilitate a resource calculation. Rayani emphasized the potential of the Miguel Vacas project, noting its status as one of the richest copper ventures on the peninsula. The forthcoming drilling data will be crucial in refining the resource estimates for the project.
