Great Southern Copper (LSE:GSCU) has increased its concession footprint at the La Colorada lithocap prospect, part of the Especularita Project in Chile.
Five new concessions, totalling 1,000 hectares, have been added to the prospect — which is defined by a 75km2 high-sulphidation lithocap, a scale capable of hosting multiple porphyry systems.
Ground exploration covering the new concession blocks will be included in the broader ongoing La Colorada exploration program. Activities include mapping and sampling.
Great Southern Copper says spectral mapping of alteration minerals will be key to vectoring toward hot, acidic feeder zones. The company notes geophysics surveys are also planned to begin during the current quarter.
CEO Sam Garrett says La Colorada sits within a lineament that hosts massive porphyry copper-gold deposits including Los Pelambres, Altar, Piuquenes, and El Pachon, and yet remains relatively unexplored.
“Planning and permitting for scout reverse circulation drilling targeting the western and southern margins of the lithocap are well advanced, and we hope to commence these programs within the month,” Garrett says.
The Especularita Project covers 16,816 hectares and is located 250km north of Santiago in Chile.
Great Southern Copper is a mineral explorer focused on the discovery of copper-gold deposits in Chile.
Write to Aaliyah Rogan at Mining.com.au
Images: Great Southern Copper
