FMR Resources (ASX:FMR) has launched its inaugural drilling program at the La Martuca prospect within the La Lorena Coppe-Gold Project in Chile.
The minimum-2,000m diamond drilling program is designed to test the continuity of mapped mineralised structures and multiple modelled chargeability and magnetic features below and along strike from artisanal workings.
Managing Director Oliver Kiddie says the drilling marks an important milestone, which started just five months after securing the project.
“The next few months are incredibly exciting for FMR shareholders as we continue to gather datasets and drill test multiple highly-ranked targets across La Lorena, Los Warbos, and the Llahuin JV,” Kiddie says.
The program is planned to run for 10–12 weeks, with assays expected six to eight weeks after completion of the first drillhole.
The company notes that the spatial association between chargeability and known mineralisation supports drill targeting but does not establish the presence, grade, or continuity of mineralisation within the modelled features.
The La Lorena Project is located east of Combarbalá in central Chile, approximately 380km north of Santiago. The area is underlain by Eocene-aged volcanic and intrusive rocks, defining a favourable setting for porphyry and epithermal mineralisation.
The project lies within a regionally significant Trans-Lithospheric Fault architecture that links major mineralised districts including Los Pelambres and Punitaqui.
Following completion of the initial drilling program, the company plans to complete an integrated assessment of the Esperanza prospect datasets and progressively refine additional targets across the La Lorena Project.
FMR Resources is an explorer focused on battery and critical metals, with projects in Chile and Canada.
Write to Paula Fabe at Mining.com.au
Main image: FMR Resources
