Pan Global Resources Inc. recently announced that its ongoing drilling at the La Romana Prospect, Dominican Republic, has extended the near-surface copper-tin-silver mineralization to 1.35 kilometers. This marks a significant development, as it expands the possible resource size of the small-scale prospect and strengthens the potential for a commercial mining operation.
The drilling campaign, which began in the first quarter of 2021, is being carried out to confirm past results and expand the known area of mineralization. To date, fourteen core holes have been drilled, confirming both near-surface and deeper mineralization trends with no significant degree of alteration or oxidation. The overall width of these mineralized zones ranges from 0.2 to 109 meters, with an average of 35 meters.
The La Romana Prospect is composed mostly of veins and quartz-porphyry intrusive rocks, with pipe-like masses of altered and mineralized rock often associated with long-term recurrent hydrothermal events. It hosts copper, tin, and silver resources and is considered a near-surface oxide and supergene copper prospect.
The ongoing drilling campaign has extended the known strike length of mineralization from 700 to 1,350 meters, while the depth of mineralization remains open in both directions. This news suggests that masses of copper-tin-silver mineralization may be lying in wait beneath the surface mineralized system.
With the new drill results confirming near-surface copper-tin-silver mineralization and the potential for a larger resource size, Pan Global Resources Inc. believes that the La Romana prospect has the potential to become a worthwhile commercial mining operation. Further analysis and sampling is required before any further development can take place, however, and Pan Global Resources Inc. has begun this process in order to confirm the full extend of the resource and its economic feasibility.
