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Flagship Minerals found a large gold-copper-molybdenum anomaly at its Chilean project, signaling major untapped potential.
Flagship Minerals has identified a vast 5km by 1.2km gold anomaly at its Pantanillo project in Chile’s Maricunga belt, based on newly acquired data from Anglo American including 33,000 meters of drilling and 2,100 samples.
The anomaly, enriched with gold, copper, and molybdenum, is significantly larger than the current resource and suggests extensive undeveloped potential.
Located near major mines, the project is being advanced for a long-term open-pit, heap-leach operation targeting 100,000 ounces of gold annually.
The findings have boosted investor confidence and driven a rise in the company’s share price.
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Flagship Minerals encontró una gran anomalía de oro-cobre-molibdeno en su proyecto chileno, lo que indica un gran potencial sin explotar.