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Revelo Resources announces on initial drill test of its Cerro Buenos Aires Project

Mining News - Published on Thu, 20 Sep 2018

Image Source: Junior Mining Network
Revelo Resources announced that Teck Resources Chile Limitada, a subsidiary of Teck Resources Limited, has completed an initial drill test of Revelo’s Cerro Buenos Aires property in northern Chile, designed to test for a possible porphyry copper system. Widespread advanced argillic alteration extends over more than 5 Km north-south on the Cerro Buenos Aires hill located immediately to the west of the area drill tested by Teck, and is indicative of the upper portions of a porphyry copper and associated high-sulphidation precious and base metals system. The overall hydrothermal system is very large – at least 20 Km2, with further extensions to the north. A key N-S splay to a regional fault system (Dominador Fault) lies along the eastern margins of the property.

Mr Tim Beale, President and CEO of Revelo, said that “The initial drill test by Teck was undertaken as a proof of concept, and the results are encouraging for the presence of a potentially mineralised hypogene porphyry copper centre associated with the magnetic anomaly, at greater depths than those drilled to date. We await further studies and results from Teck, together with a decision as to possible next steps.”

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Posted By : Rabi Wangkhem on Thu, 20 Sep 2018
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