on Europacific Metals Inc. (isin : CA38150M1095)
EuroPacific Announces Initial Drill Results at Miguel Vacas Copper Deposit
VANCOUVER, BC—EuroPacific Metals Inc. revealed initial results from the 2024 drilling program at the Miguel Vacas copper mine in Portugal’s Alentejo region. The first two drill holes, part of a broader initiative to define shallow oxide Copper resources suitable for hydrometallurgical extraction, have demonstrated promising mineralization.
The first hole, EBMV001, reached a depth of 112.8 meters and intersected a significant mineralized zone featuring copper secondary minerals within a polyphase breccia/shear zone. Notably, the hole included an expected high-grade zone about 2 meters wide at approximately 64 meters depth. The second hole, EBMV002, situated 30m from the first, penetrated to 150.1 meters, identifying an 18 meters wide mineralized zone, confirming a potential expansion of the mineralized system northward.
The project operates under the 328 square kilometer Borba 2 exploration license, known for its metal-rich geology. The ongoing drill program plans at least 1,500 meters of exploration targeting both shallow and deeper copper-bearing zones. CEO Karim Rayani expressed optimism about the rapid progress and the implications for the site’s future development.
R. P.
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