Zacapa Resources Ltd. (TSXV: ZACA | OTCQB: ZACAF | DE: BH0) shared an update of exploration activities at its 100% owned Pearl porphyry copper project in Arizona. The company has identified a window of porphyry copper prospective Laramide-age igneous rocks situated north of San Manuel-Kalamazoo and completed geochemical and geophysical surveys to pinpoint the most prospective targets to the drill testing phase.
Highlights of the exploration update include:
Geologic mapping at Pearl demonstrates propylitic alteration and a fault architecture similar to the San Manuel-Kalamazoo deposit.
Previously unknown Laramide age porphyry dikes identified by Zacapa (U/Pb geochronology) overlap with the age of the adjacent 1,390 Mt San Manuel-Kalamazoo porphyry copper deposit.
Initial geochemical and geophysical surveys revealed multiple anomalies for follow-up, including two large, copper-in-soil anomalies with up to 1415 ppm Cu.
Numerous, previously undocumented, historic mine workings identified during field mapping with mineralized rock samples containing up to 7.3% Cu, 0.43% Mo, 19.9% Pb, 4.9% Zn, 360 g/t Ag, and 1.8 g/t Au.
“The presence of copper mineralization at surface and prospective Laramide age intrusions on the Pearl property represent a significant step forward for the project. The Pearl project contains favourable host rocks in a newly identified window of Laramide igneous activity only one kilometre from BHP’s 1.39 billion tonne San Manuel-Kalamazoo porphyry copper deposit,” stated Adam Melnik, CEO and director of Zacapa.
“Zacapa’s technical teams are actively progressing the project toward drill testing, which will be an important step towards unlocking latent value from within Zacapa’s portfolio.”
About Zacapa Resources
Zacapa is a copper and gold focused mineral exploration company engaged in responsible exploration for the new energy economy. Its projects are concentrated in jurisdictions in the southwest of the U.S., including Arizona, Nevada, and Idaho.
For further information please visit: https://zacaparesources.com/
