Pacifico Minerals Limited: Commences Drilling at Borroloola West Project
26.06.2015 | ABN Newswire
Perth, Australia (ABN Newswire) - Pacifico Minerals Ltd. (ASX:PMY) is pleased to announce that earlier today a dual purpose reverse circulation ("RC") and diamond rig commenced drilling at Coppermine Creek in the Borroloola West Project.Two RC holes will test the western continuity of the copper mineralised Gordons Fault. A diamond drill hole will then test for an extension of stratabound copper mineralisation intersected by previous drilling. An airborne electromagnetic (AEM") survey shows that this mineralisation may extend south for up to 3,000 meters from the Gordons Fault.
Two diamond holes with RC pre-collars are planned to test AEM anomalies at Bing Bong for intrusive related copper-gold mineralisation. Co-funding for these two drill holes has been obtained from the Northern Territory Government.
Further details on both these prospects and the drill programs can be found on previous ASX announcements released 14 May and 10 June 2015.
About Pacifico Minerals Limited:
Pacifico Minerals Ltd. (ASX:PMY) is a Western Australian based exploration company focussed on advancing the Berrio Gold Project located in Colombia. Berrio is situated in the southern part of the prolific Segovia Gold Belt and is characterised by a number of operational, artisanal-scale adits, tunnels, and declines. The project is 35km from the Magdalena River which is navigable to the Caribbean Sea and has excellent infrastructure in place including hydro power, sealed roads, water supply and telecommunications coverage. Pacifico also has an interest in two other projects in Colombia (Natagaima and Urrao) and one project in the NT, Australia (Borroloola West Project).
Contact:
Pacifico Minerals Ltd.
Managing Director: Simon Noon
T: +61 8 6266 8642
F: +61 8 9421 1008
E: info@pacificominerals.com.au