- Los Cerros (LCL) has identified a substantial porphyry target at Chuscal within the Quinchia Gold Project in Colombia
- The company engaged Fathom Geophysics to conduct 3D modelling on geochemical data from the Chuscal prospect
- This showed that two previously identified targets, Guayacanes and Corporacion, in fact, form part of a greater porphyry target
- The 3D model, as well as ongoing geological modelling, will inform a drill program planned for the latter half of 2020
- Los Cerros shares are trading flat for 5.5 cents each
Los Cerros (LCL) has identified a substantial porphyry target at the Chuscal prospect within the Quinchia Gold Project in Colombia.
The company engaged Fathom Geophysics to conduct a 3D multi-element modelling of geochemical data from the prospect.
This simulation generated a “high-quality target,” named the Fathom target, incorporates two previously identified targets, Guayacanes and Corporacion.
Los Cerros Managing Director Jason Stirbinskis explained the fathom model was generated based on raw geochemical data from Chuscal.
“It is a credit to our technical team that the Fathom work supports the existing Corporacion and Guayacanes porphyry targets generated from the entire geological and geophysical database including porphyry alteration signatures, veining styles and magnetics and adds a third target of higher probability that lies between these two targets,” Jason commented.
This 3D model, as well as ongoing geological modelling, will inform planning for a drill program planned for the latter half of the year, given COVID-19 restrictions continue to be eased.
“Our Colombian geological team continues to tweak both epithermal and porphyry targets ahead of our planned resumption of drilling in the second half of 2020,” Jason continued.
Los Cerros shares are trading flat for 5.5 cents each at 1:20 pm AEST.