Great Southern Copper PLC (LSE:GSCU) (GSC) said it has completed scout drilling at Abundante with drilling now underway at Teresita.
Both prospects are within the company’s Especularita copper/silver project in the coastal metallogenic belt of northern Chile.
At Abundante, six reverse circulation (RC) holes were drilled for a total of 484 metres with copper visually identified in four holes. Assays have been sent for testing.
Teresita’s RC programme will target high-grade gold and copper mineralisation associated with quartz-carbonate vein-breccias.
Sam Garrett, GSC chief executive, said: "Preliminary target-concept drilling is now completed for the Abundante mine prospect where the company is targeting high-grade copper associated with tourmaline breccia.
"All of the drill chip samples are at the laboratory and we look forward to updating the market on the results when they become available.
"The drilling has provided an effective first-pass test of the target with copper mineralisation visible in all holes targeting the breccia.
"The Teresita high-grade Au-Cu vein-breccia system is a very extensive and exciting target and these holes are designed to validate the mineralisation style."