EuroPacific Metals CEO Karim Rayani has revealed plans to expand the company's drilling program at the Miguel Vacas mine area. This strategic move involves adding an additional drill hole extending down to 350 meters, specifically targeting the high-grade zone beneath a previously drilled section. The new drilling will also focus on an area approximately 80 meters north, where initial results showed promising copper grades.
Rayani elaborated on the decision to extend the drilling program by incorporating an undercut inclined 350-meter hole. This hole aims to test the "fresh" mineralization below the oxidized rich material found in the same section as hole EBMV004, which had unveiled a wide mineralized section.
The mineralized system at Miguel Vacas is extensive, stretching at least 2 kilometers along strike and remaining open at depth. It comprises an 80-meter supergene blanket containing a variety of copper carbonates, phosphates, and oxides, which transitions to a sulphide assemblage primarily composed of chalcopyrite and pyrite. To date, EuroPacific Metals has completed 10 holes at the Miguel Vacas copper deposit, totaling 1,060 meters.
This expanded drilling program signifies EuroPacific Metals' dedication to thoroughly exploring and developing the Miguel Vacas mine area. The objective is to uncover substantial copper resources, thereby enhancing the overall value of the project. The results of this expanded program could have far-reaching implications for the mining industry, potentially boosting copper supply and influencing market dynamics.
