EuroPacific Announces Promising Drill Results at Miguel Vacas Copper Deposit

VANCOUVER, BC / ACCESSWIRE / May 22, 2024 / Europacific Metals Inc. (TSXV: EUP)(OTCQB: AUCCF) has announced initial assay results from its 2024 exploration program at the Miguel Vacas mine area, located approximately 180 km east of Lisbon in Southern Portugal. The first drill hole intercepted 22.8 meters grading 2.76% copper, including a high-grade section of 9 meters at 7.49% copper.

CEO Karim Rayani remarked that the results validate the high-grade nature of the deposit and suggest potential for a northern extension. The first hole, EBMV001, was drilled near the old open pit’s southern limit, revealing broad mineralization with secondary copper minerals in a polyphase breccia/shear zone.

Five holes have been completed to date, all revealing similar mineralization consistent with EBMV001, varying from 8 to 35 meters in thickness. Initial core recovery issues were rectified using the Triplex Core Barrel System, improving recoveries to about 87%.

The drill program aims to define a shallow open pit resource of oxide copper mineralization for hydrometallurgical recovery. Further drilling will assess sulphide-rich mineralization below 80 meters.