Highlights
Diamond drilling has commenced for an initial program of 4,500m.
Four priority drill-ready porphyry/epithermal copper-gold targets have been selected for initial drill testing: La Pena, Tamberias, La Ollita and Cerro Verde South.
Drilling has commenced at La Pena with two planned holes at approximately 500m each.
A recent detailed ground magnetic survey at La Pena confirmed the large magnetic anomaly centered on the known porphyry and highlights a satellite magnetic anomaly to the north.
Many of the key geological, geochemical, and geophysical features seen at other deposits in the Vicuna Belt, such as
Sendero Executive Chairman,
La Pena Ground Magnetics
La Pena is ranked as Sendero's highest priority target. It has many typical features of Andean copper-gold porphyry deposits. The mineralised system is exposing at an optimum level of erosion, just above the interpreted high-grade copper-gold zone. Favorable features of the exposed diorite porphyry are intense potassic alteration, stockwork magnetite-quartz veining, and the presence of copper sulfides and oxides. Two initial holes are programmed at La Pena.
The recently completed detailed ground magnetic survey has confirmed the same shape and size of the strong magnetic response seen in historical airborne magnetic data centered on the known porphyry intrusive. The large discrete magnetic anomaly with potassic alteration measures approximately 800m long and 500m wide. Another magnetic anomaly located about 1000m to the north opens the possibility of a satellite porphyry system.
Ongoing Work Program
Regarding the recently completed geophysical surveys from the other priority targets, the company is awaiting results and will provide updates once all the information is received and processed for each target. Ground magnetics and induced polarization surveys have been completed at Tamberias and La Ollita and ground magnetics is being conducted at Cerro Verde South.
About
The Company is focused on copper-gold exploration at its 100% owned
Contact:
Executive Chairman
Email: michael@senderoresources.com
Forward-Looking information
This press release contains 'forward-looking information' and 'forward-looking statements' (collectively, 'forward-looking statements') within the meaning of applicable Canadian securities legislation. All statements, other than statements of historical fact, are forward-looking statements and are based on expectations, estimates and projections as at the date of this press release. Forward-looking information herein includes, without limitation, statements regarding the trading of the Company's shares on the TSXV, and the development of the Property and prospects thereof. Any statement that involves discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as 'expects', or 'does not expect', 'is expected' 'anticipates' or 'does not anticipate', 'plans', 'budget', 'scheduled', 'forecasts', 'estimates', 'believes' or intends' or variations of such words and phrases or stating that certain actions, events or results 'may' or 'could, 'would', 'might' or 'will' be taken to occur or be achieved) are not statements of historical fact and may be forward-looking statements. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such factors include, but are not limited to: general business, economic, competitive, political and social uncertainties; the delay or failure to receive shareholder, director or regulatory approvals and actual results of exploration at the
(C) 2024 Electronic News Publishing, source