PepinNini Minerals (ASX: PNN) has completed rock chip sampling and magnetic data acquisition over its Santa Ines polymetallic project in Argentina.
Rock chips up to 3.26% copper, 0.8 grams per tonne gold, and 12.5 grams per tonne silver were assayed, and a largely concealed 1.4 kilometre by 800 metre magnetic anomaly identified.
Additional elements of iron, cobalt, lead, zinc, bismuth, tungsten and molybdenum were also identified in the rock chip samples.
Work was aimed at further investigating the mineralised system around historic artisanal mines, where PepinNini is exploring for a large copper-gold-molybdenum porphyry system, potentially with IOCG and epithermal characteristics.
Phase two of the exploration program to recommence shortly with extended geological mapping coverage and soil geochemistry.
Santa Ines is located in the Andean Mountain Range, just 5 kilometres from the Salta-Antofagasta rail line, and is easily accessed using existing roads and tracks.
It lies within the Archibarca lineament zone which contains the giant Escondida Copper-Gold Project 80 kilometres to the
northwest in Chile.
The company is capitalised at around $2 million.
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