Aclara announced an updated Resource for the Penco Module on December 1, 2022. Following drilling campaigns carried out during 2021 and 2022, a total of 5,298 m from 175 new drill holes were completed and incorporated into the updated resource. This work resulted in both the definition of a new resource area, Alexandra Poniente, as well as an increase in the Mineral Resources within the Project area.
The exploration and infill drilling program resulted in:
· The addition of Measured, Indicated, and Inferred Mineral Resources at Alexandra Poniente, a new area within the Project area to the north-west of Alexandra Oriente.
· The conversion of Inferred Mineral Resources from Luna, Victoria Norte, Alexandra Oriente, Victoria Sur, and Maite into Measured and Indicated Mineral Resources.
To view the Preliminary Economic Assessment for the Penco Module, click here.