Argentina Mining is currently progressing exploration at the Cerro Blanco project in the San Juan Province of Argentina with the company intersecting more copper and gold.

The company said that while not all analytical results have been received, widespread copper and gold mineralization and alteration are visible in core from the first two diamond holes in the current program.

The outcome from these holes, combined with available preliminary analytical results, is that exploration continues to confirm the existence of a potentially large typical Andean copper, gold and molybdenum porphyry style deposit.

Argentina Mining is now drilling the third hole in the program on a high priority target.

Drilling results
The first diamond hole ended in mineralization at 421 meters before fully penetrating the IP target, due to drilling conditions in brecciated intrusives and equipment failure. Although the hole did not attain its design depth, the company said that it demonstrated widespread porphyry copper, gold and molybdenum mineralization which was particularly evident between 160 and 200 meters along with further into the hole.

A highlight was 20 meters at 0.47% copper, 0.21 gram per tonne gold and 248ppm molybdenum from 357 meters. The second hole intersected a near-surface gold enriched zone on top of Copper Hill which indicates potential for a gold cap deposit style with the highlight 24 meters at 0.2 gram per tonne gold from 5 meters.

(Sourced from www.proactiveinvestors.com.au)