Torq Drills New Discovery at the Pircas Norte Target at the Santa Cecilia Gold-Copper Project; 502 Metres of 0.36 g/t Gold, and 0.078% Copper [Yahoo! Finance]
Newmont Corporation (NEM)
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Source: Yahoo! Finance
first set of results from the recently completed phase II drill program at its Santa Cecilia project, located in the prolific Maricunga belt, in the Atacama region of Chile. The program consisted of approximately 1,500 metres (m) over three diamond drill holes; two located at the Pircas Norte target and one at the Gemelos Norte target. Drill hole 24SC-DDH-003 intercepted 0.36 g/t gold (Au) and 0.078% copper (Cu) over 502 m from 98 m down hole including a higher-grade interval of 0.69 g/t Au and 0.10% Cu over 20 m from 354 m down hole at Pircas Norte (Table 1). The drill hole ended in mineralized intrusive diorite breccia due to logistical limitations and the reported intercept remains open. These results represent a new discovery of significant gold-copper porphyry mineralization and confirm the Company's exploration thesis for the broader Santa Cecilia project. Results from drill holes 24SC-DDH004 and 24SC-DDH005 are expected in the coming weeks. A Message from Shawn Wallace, CEO a
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NEM
Earnings
- 4/25/24 - Beat
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Sec Filings
- 4/30/24 - Form 4
- 4/30/24 - Form 4
- 4/30/24 - Form 4
- NEM's page on the SEC website