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Pampa Metals partners with VerAI Discoveries to explore for copper and gold in Chile

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Global Mining Review,

Pampa Metals Corp. has signed definitive documentation with VerAI Discoveries Inc. allowing Pampa Metals to evaluate and explore a series of copper and precious metals targets that have been generated by VerAI using proprietary artificial intelligence (AI) methodologies.

The targets are distributed within eight property blocks, wholly owned by VerAI, totalling approximately 18 700 ha. located in parts of central northern Chile. The eight property blocks all lie within similar geographic and geologic areas to Pampa Metals’ wholly owned portfolio of projects that totals an additional 62 000 ha.

Paul Gill, CEO of Pampa Metals, commented:

“This is an exceptional opportunity for Pampa Metals to leverage cutting edge technologies in the exploration for porphyry copper, iron-oxide-copper-gold (IOCG), and other related mineral deposit types in a highly prospective part of northern Chile. The agreement with VerAI not only gives the company access to the predictive results of the latest in AI technology applied to mineral exploration, but VerAI’s property portfolio is highly complementary to that of Pampa Metals. The company has manageable commitments that will allow it to evaluate VerAI’s portfolio, and potentially add quality projects for more detailed exploration to complement its already highly prospective portfolio. We look forward to working with VerAI’s experienced team and seeing the results of the exploration work on the ground.”

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Copper mining news Gold mining news South American mining news