Peruvian Gold (PVO-V) plans to carry out a minimum 1,000-metre program of reverse-circulation drilling on the Agua Verde copper porphyry prospect in south-central Peru.
The prospect is a mineralized, ellipsoid-shaped, granodiorite stock which intrudes into a host sedimentary unit consisting primarily of limestone.
Peripheral to the intrusive is a copper-bearing skarn, the thickness of which varies from 4 to 24 metres.
The skarn contact was historically mined by underground methods, and the grade is believed to have exceeded 3% copper. The intrusive measures 1,000 by 500 metres, and Peruvian Gold is targeting the upper 50-metre portion for its copper oxide potential.
Surface sampling along a leached portion of the intrusive has yielded 166 metres averaging 0.23% copper, plus 0.04 gram gold and 2 grams silver per tonne. A higher-grade, 79-metre interval of predominantly copper oxides was sampled from a stream bed cutting the eastern edge of the intrusion; this interval averaged 1.58% copper plus 0.26 gram gold and 2.8 grams silver per tonne. At the same site, an 8-metre interval of the skarn contact averaged 3.54% copper and 0.3 gram gold.
The intrusive and skarn were also sampled from underground at two different levels. Results included 194 metres averaging 0.41% copper and 0.13 gram gold for the intrusive, and 159 metres averaging 1.62% copper and 0.12 gram gold for the skarn.
Drilling at Agua Verde, and the nearby Perenti gold prospect, is expected to start in March.
Be the first to comment on "Peruvian to drill Agua Verde in Peru"