The recently completed Penedela drill program involved a step out along trend from previous targets with the aim of testing underexplored regions of the property, and incorporated detailed mapping, rock sampling and the drilling.
The four main targets of the Penedela program re-start underwent a cumulative 1,411 metres of drilling which confirmed the mineralization within the Penedela system, still open toward South and North as well as the width of the main Penedela zone that still remains to be defined as summarized below (refer to Figure 1):
- Target 1 - Penedela Structure: drill holes IB025 and IB026 to verify the Penedela body extension. Hole IB030 twinned an historical hole aimed at better defining two mineralized domains being currently wireframed, and confirmed a wider mineralized zone expanding inside the quartzite far from the contact with the slates. The on going relogging and resampling exercise of hole IB019 (2020 program hole) and IB026 seems to point out that the mineralization remains open at-depth. IB019, that returned significant results of 11 metres at 0.7 g/t Au and 3 metres at 1.8 g/t Au, was drilled down to 115.7 metres ending in Qz-As veining, and exhibits a wider zone of potential mineralization ~100 metres below surface.
- Target 2 - Saddle-Reef: drill holes IB024 and IB028 targeted the possible control by the anticline hinge. Hole IB028 was drilled to a total depth of 197.1 metres, aimed to potentially intersect the hinge of the regional San Martin anticline approaching the eastern limb of the fold, as this sector of the Penedela property remained untested and recent field work indicated a folding style characterized by a ‘short wave-length’ chevron structure similar to other similar systems worldwide.
- Target 3 - NS feeding zone: drill hole IB027 targeted a possible feeder of the Penedela system, as pointed out by high Au-grade returned from surface rock samples. 3D interpretation inferred the presence of a NS fault as a possible structure feeding the system which assumes a conceptual massive quartz vein traditionally coined ‘saddle reef structure’. Hole IB027 was drilled to a total depth of 150.2 metres and intercepted a couple of silicified zones with fine-disseminated arsenopyrite and pyrite prospectively indicating NS Fault systems dipping eastward.
- Target 4 - San Martin Anticline Extension: drill hole IB029 targeted the southern extension of the San Martin anticline hinge as well as the EW-trending vein system observed, on the northern side of the river, to crosscut the Penedela structure. The possibility of saddle-reef mineralization was initially tested by IB029 (on the southern sector of the property), which indicated results of 0.75 metres at 5.53 g/t Au, 0.45 metres at 0.37 g/t Au and 0.55 metres at 0.50 g/t Au, within a wide interval between 71.2 and 87.4 metres, returned from EW-trending veining. Here the gold grades resulted more erratic than the NS-trending veining characterizing the Penedela zone. A sulphide-matrix hydrothermal breccia intercepted at 222.35 metres returned 3.30 metres at 0.36 g/t Au, 0.2% Cu as well as quartz-arsenopyrite-pyrite veining, located at the breccia footwall, returned 0.95 metres at 5.21 g/t Au from 231.5 metres. Hole IB029 reached a total depth of 335.6 metres proving the presence of a skarnoid-type alteration, also marked by 20-30 metres wide pyrrhotite-in envelop, resulted from the metasomatism of felspathic sandstone layers interbedded within the Los Cabos quartzite.
Figure 1 is available at: https://www.globenewswire.com/NewsRoom/AttachmentNg/259fd203-564f-4f15-97b5-a4668f5a134c
Penedela remains a project of importance for the Company, being positioned in the prolific
As previously announced, the Company’s
NUEVA CELTI INAUGURAL PROGRAM
Nueva Celti, the Company’s 100%-owned copper project is located in the Ossa Morena geological province in Andalusia, a project that spans 1,500 hectares with historic copper mineralization and production grades reported over 5% copper, positioned in a region where copper mineralization has been recognized since ancient times. Nueva Celti was the location of historic production of copper and other metals until 1918, with an underground mine that was developed across two shafts to ~130 metres depth, along one vein, which was then optioned out by
Figure 2 is available at: https://www.globenewswire.com/NewsRoom/AttachmentNg/f9320d5c-440a-4c38-a6ca-a512435d00ef
Quality Assurance and Quality Control
Sample preparation and analyses are conducted according to standard industry procedures. Drill core samples are crushed, split and pulverized prior to analysis of Gold by fire assay and Atomic Absorption and multi-elements by ICP-AES after four acid digestion. Analytical performance is monitored by means of certified reference materials (CRMs), coarse blanks, coarse and pulp duplicate samples. Samples have been prepared in
Qualified Person
The technical and scientific information in this press release has been reviewed and approved by Mr.
About
Western Metallica is an
Further information of the Company can be found at: www.westernmetallica.com
For more information please contact:
Chief Executive Officer
Email: gduras@westernmetallica.com
Investor Relations
Email: info@westernmetallica.com
Cautionary Note Regarding Forward-Looking Statements
The TSXV has neither approved nor disapproved the contents of this press release. Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this press release.
This press release contains statements that constitute “forward-statements.” Such forward looking statements involve known and unknown risks, uncertainties and other factors that may cause the Company’s actual results, performance or achievements, or developments to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements.
Although the Company believes, in light of the experience of its officers and directors, current conditions and expected future developments and other factors that have been considered appropriate that the expectations reflected in this forward-looking information are reasonable, undue reliance should not be placed on them because the Company can give no assurance that they will prove to be correct. When used in this press release, the words “estimate”, “project”, “belief”, “anticipate”, “intend”, “expect”, “plan”, “predict”, “may” or “should” and the negative of these words or such variations thereon or comparable terminology are intended to identify forward-looking statements and information. The forward-looking statements and information in this press release include information relating to the planned drill program and the development of the
By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements.
The forward-looking information contained in this news release represents the expectations of the Company as of the date of this news release and, accordingly, is subject to change after such date. Readers should not place undue importance on forward-looking information and should not rely upon this information as of any other date. The Company undertakes no obligation to update these forward-looking statements in the event that management’s beliefs, estimates or opinions, or other factors, should change.
![](https://ml.globenewswire.com/media/ZTQzOGVhZmMtM2UxOC00YTM5LWI3Y2ItOTQwYmIxNmM2NTcwLTEyNTg5MDk=/tiny/Western-Metallica-Resources-Co.png)
Figure 1
![](https://ml.globenewswire.com/media/259fd203-564f-4f15-97b5-a4668f5a134c/medium/figure-1.jpg)
Penedela Project Target Regions
Figure 2
![](https://ml.globenewswire.com/media/f9320d5c-440a-4c38-a6ca-a512435d00ef/medium/figure-2.jpg)
Nueva Celti historical drilling sites (Asturiana de Zinc, Glencore) with location of the self-potential stations. Mise-A-La-Masse anomalies (1975 survey) on background and position of mag anomalies (1075 survey)
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