The Company has recently acquired the Lana Corina Project situated in the Coquimbo region of Chile, where near surface breccia hosted high-grade copper mineralisation offers walk up drilling targets and early resource definition potential.
Lana Corina is a high-grade copper project, hosting multiple outcropping copper bearing breccia pipes associated with a well-mineralised porphyry intrusive. A drilling program has commenced immediately targeting near surface copper mineralisation and extensions to the south.
Lana Corina is associated within a northeast-southwest orientated structural zone with >1,000m of strike and up to 400m wide. High grade copper mineralisation at Lana Corina is associated with three known copper bearing breccia pipes occurring in the upper levels of a large copper bearing porphyry system.
The high-grade breccia pipes identified to date outcrop at surface and extend to a vertical depth of over 200m at which point porphyry hosted, stockwork and sheeted vein style mineralisation extends deeper.