Pampa Metals

Highlights

Redondo-Veronica is a large property (6,600 hectares) characterised by five, separate, sub-cropping hydrothermal alteration zones with porphyry copper characteristics
Intervening, post-mineral alluvial filled“pampa” cover, and colluvium covered areas
Redondo Southwest – priority target – has coincident geological and geophysical anomalies, including copper oxides, “A”-type porphyry quartz veinlets, IP chargeability anomaly, and a deep magnetic low
Located along world’s preeminent Domeyko Cordillera copper belt in northern Chile
Historically drilled porphyry target at Cerro Redondo Norte in center of property – unknown provenance and results
Redondo-Veronica displays multiple areas with evidence for the development of porphyry copper type systems
Other targets require further follow up

Regional Geology

The Domeyko Cordillera mineral belt is a relatively narrow, north-south anastomosing fault zone with a complex structural history over + 600 km of the northern Chilean Andes, and includes uplifted blocks of Paleozoic to Mesozoic rocks and fault-controlled porphyry-related Tertiary magmatism
- Key Incaic deformation phase (~ 43Ma – 32Ma) associated with Middle Eocene to Early Oligocene magmatic arc, resulting in the emplacement of some of the world’s largest porphyry copper deposits and the development of the world’s single most productive porphyry Cu belt
- Including: Escondida: > 1Mt fine Cu/year – Gabriela Mistral (Gaby): > 100Kt fine Cu/year
Local geology dominated by uplifted Paleozoic host rocks, cut by two principal +/- N-S faults with post- mineral movements that expose hydrothermal alteration zones at different erosional levels

Access

Location

Redondo-Veronica is located approximately 144 km east-southeast of the port of Antofagasta, and 43 km north-northeast of the Escondida copper mining district in northern Chile

Access

Access to the property is moderate, from Antofagasta along the paved Antofagasta to Escondida road, and then a series of dirt roads to the project site. Alternative access can be made from the north

Other Details

3D-Vector IP Chargeability of Redondo-Veronica Project

Pampa Metals has completed detailed geological mapping, 3D-VIP, drone-flown magnetics surveying, and > 4,000m of wide-spaced, reconnaissance RC drilling (2021)
Redondo Southwest is the priority follow-up target. Other targets require further work
Redondo-Veronica has been subject to historic drill campaigns, focused on Cerro Redondo North, due to the presence of widespread alteration and its location along trend from the Escondida mine