Pilot PROJECT

exploration activities

Exploration activities carried out on the Property by Almadex personnel commenced in 2023 and have included rock and soil sampling, induced polarization (IP) geophysical surveys, an airborne magnetic survey by unmanned aerial vehicle (UAV), geological mapping, and alteration mapping utilizing a Terraspec® instrument. 

Mapping activities identified stockwork veining along more than 2 kilometers of strike, coinciding with sporadic tonalite outcrops, primarily exposed in drainage channels. In several areas, copper mineralization is visible at surface, with chalcocite and malachite readily identifiable.  Two zones of clear stockwork veining were identified in the field including the whole vein sequence from early magnetite (M) to high temperature A type sugary quartz veins to syntaxial B quartz veins through to late D stage quartz-sericite-pyrite veins following late and syn-mineral fractures in the porphyry system.  The largest zone of porphyry vein stockwork occupies the south-western section of the prospect covering at least 200m (NW-SE) by 100m (NE-SW).

Spectral analysis of 531 surface samples revealed that 80% of the analyzed material contains pyrophyllite, indicating that the Pilot porphyry system is exposed at a level between the top of the porphyry intrusion and the base of the lithocap, within the high-temperature phyllic alteration zone.  Traces of magnetite both in stockwork veinlets and as disseminations along with secondary chlorite were also recorded suggesting lower topographic elevations beneath the sedimentary cover have exposures of upper levels of the potassic core of the system therefore good preservation potential.

Detailed mapping has been carried out over the Pilot project along with soil sampling on the south end of the project area. Soil sampling conducted over the southern half of the property showed a strong central copper-molybdenum-bismuth-tellerium-gold anomaly roughly 2 by 1 km in size and generally overlying the area of mapped stockwork veined intrusions. Several samples were taken for fluid inclusion analysis but most of these samples were not suitable for petrography although two of uncertain origin indicated deep high temperatures. Further work is needed on positively identified stockwork veins.

Sufficient groundwork has been conducted at Pilot to provide several good drillhole targets focussing on zones of identified supergene chalcocite and high density (up to 45%) porphyry stockwork veining.