| Announcement Date: | 2022-11-08 |
|---|---|
| Announcement Type: | Exploration Update |
| Announcement Code: | JORC |
| Company name: | Los Cerros Ltd. |
| Project name: | Quinchia |
| Location: | Colombia |
| Commodities: | Gold |
| Highlight: | Channel sampling assay results incl.@ 1.82g/t Au |
| Resources: | only available to subscribers |
| CP/QP: | only available to subscribers |
| Announcement summary: | Los Cerros Limited (ASX: LCL) (Los Cerros or the Company) is pleased to announce the results of recent groundwork at the Dosquebradas gold/copper porphyry which is part of the 100% owned Quinchia Project, in Risaralda – Colombia. The Quinchia Project is a cluster of porphyry and epithermal gold/copper targets within a 3km radius (Figure 1), underpinned by established Mineral Resources of 2.6Moz @ 1g/t Au3 . A line of investigation that forms part of the current Quinchia Project detailed exploration review is focussed on structural controls and grade distribution of the Dosquebradas porphyry style mineralisation (459koz @ 0.71g/t Au Inferred Resource2 ) and the location of the, yet to be discovered, causative porphyry. The investigation prompted 200+m of soil channel sampling across an area of sparse drilling approximately 200m above historical drill holes (Figure 2) which in QDQDH022 intersected 199.9m @ 0.98g/t Au from 122.1m. |
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