Antilles (ASX:AAU) strike copper system in Cuba

Antilles (ASX:AAU) strike copper system in Cuba

August 31, 2023 0 By Rueben Hale

Antilles Gold has discovered a copper porphyry system at Gasper, part of a group of three porphyry intrusives at El Pilar in central Cuba.

The early stage discovery came from the first three diamond drill holes into the Gaspar copper-gold porphyry intrusive.

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Potential Copper-Gold Porphyry Deposits

Recent drilling has identified copper oxides in Gaspar’s pyritic porphyry halo and El Pilar’s dioritic porphyry.

Gaspar has significant potential due to limited historical drilling, surface veining, and geophysical anomalies towards Camilo.

Antilles Gold’s Exploration Director is excited about the potential and anticipates more mineralization with additional drilling.


“We are quite excited about what we have seen at Gaspar, identifying lots of copper, particularly in Hole GDH-003, and interpreted high-temperature early porphyry, and are confident we will locate the larger parts of the mineralized system with additional drilling,” Antilles Gold Exploration Director Dr Christian Grainger said.

An initial 9-hole program will locate the core of the system.

Exploration will pause for a joint venture with GeoMinera.


ANTILLES FPO [AAU]
Sector: Basic Materials
Industry: Gold
Employees:
Antilles Gold Limited engages in the exploration, evaluation, and development of mineral properties in Cuba. The company explores for gold, silver, and copper deposits. It holds interests in the La Demajagua open pit mine located on the Isle of Youth, southwest Cuba; and Nueva Sabana open pit mine situated in central Cuba. The company was formerly known as PanTerra Gold Limited and changed its name to Antilles Gold Limited in November 2020. Antilles Gold Limited was incorporated in 1984 and is based in Bowral, Australia.

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