Miramont Resources Corp. (Miramont) has received the required drilling permit for its Cerro Hermoso project in southern Peru. The company anticipates drilling to begin early in the New Year.
Bill Pincus, Miramont's President and CEO said: "We are very happy to begin our drill programme at this exciting prospect. Our geologists have worked long and hard to advance this project and surface exploration continues to yield more and more evidence of widespread mineralisation. It's now time to test it with the drill rig."
"Miramont also knows that working with the local community is vital. Our team makes a substantial effort in this area and is fortunate to have a positive working relationship with all local parties. We are glad to have their support and will work hard to maintain it."
Cerro Hermoso is a large diatreme-hosted system with various styles of copper, gold and silver mineralisation found in a 4 km2 area. It has many similar characteristics to other diatreme systems that are known to host large bulk-tonnage polymetallic deposits. Three priority drill targets have been identified by a combination of geologic mapping, geochemical sampling and geophysical prospecting. These are known as the Central Breccia Zone (Gold), the Stockwork Zone (Copper/Silver) and the Carbonate Replacement Zone (Copper/Silver). All three targets will be tested in the upcoming programme.
Miramont has contracted AK Drilling International to conduct the first-phase diamond-core drilling programme and is now coordinating mobilisation of the drill rig. The company has also completed construction of a core-shack and related infrastructure.
Read the article online at: https://www.globalminingreview.com/exploration-development/05122018/miramont-obtains-drilling-permit-for-cerro-hermoso-project/