Sendero Resources Mobilizes for Drilling At Peñas Negras

VANCOUVER, BC / ACCESSWIRE / December 12, 2023 / Sendero Resources Corp. (TSX:SEND) ("Sendero" or the "Company") is pleased to announce that mobilization has started for drilling at its Peñas Negras Project on the Vicuña Belt in La Rioja, Argentina.

Highlights

• Drilling to commence in the first half of January 2024 with an initial 4,500m of diamond drilling.
• Three priority drill-ready porphyry copper-gold targets have been selected for initial drilling, La Peña, Tamberías and Cerro Verde South - all of which are untested by drilling.
• The La Ollita target has been upgraded to high priority following ongoing targeting studies and revised ranking.
• Many of the key geological, geochemical, and geophysical features seen at other deposits in the Vicuña Belt, such as Filo del Sol and Josemaria deposits are replicated in Sendero's priority drill targets.

Sendero Executive Chairman, Michael Wood, commented:

"We are fully funded and permitted to begin Sendero's Initial drilling at Peñas Negras. The drill targets we have would be very promising anywhere in the world, but the fact that they are also located in the emerging Vicuña District with Vicuña style characteristics makes them incredibly exciting. The locations of the first holes at La Peña, Tamberías and Cerro Verde South have been finalized, with drilling to start at La Peña. Ongoing ground based magnetic and IP surveys at La Ollita will help refine optimum drill sites at that target. We are also encouraged by the upside resource potential of the epithermal gold system at La Ollita".

Foto: Accesswire

Figure 1. Peñas Negras Project Targets and Vicuña Belt Deposits

La Peña Target

La Peña has many typical features of Andean copper-gold porphyry deposits. The mineralised system is exposing at an optimum level of erosion, just above the interpreted high-grade copper-gold zone. Favorable features of the exposed diorite porphyry are intense potassic alteration, stockwork magnetite-quartz veining, and the presence of copper sulfides and oxides. Two initial holes are programmed at La Peña (Figure 2).

Foto: Accesswire

Figure 2: La Peña Target showing planned initial drill holes

Tamberías Target

Tamberías comprises an outcropping diorite porphyry with classic porphyry style quartz-magnetite veining. Pervasive hydrothermal alteration is zoned from a potassic core overprinted chlorite-epidote. The area shows Cu-Au-Mo geochemistry and peripheral Zn-Cd-Pb in Ionic Leach and conventional soils coinciding with a magnetic high and a quartz vein stockwork zone. Trenching to the east of the outcropping diorite porphyry has revealed a breccia zone with strongly anomalous Au-Cu-Ag geochemistry in channel sampling and extensions of the diorite porphyry under the cover with fresh sulphides, mainly pyrite and minor chalcopyrite and chalcocite.