Commodities: Silver, Zinc, Lead, Manganese
Location: Central Peru
Status: Advanced Exploration Battery Metals
Next Steps: Bulk Sampling and Permitting
The Don Pancho property is located in the central region of Peru, nine kilometers west of Trevali Mining’s Santander mine. The Don Pancho property sits on a polymetallic trend which also includes the world class Iscaycruz and Yauliyacu mines, operated by Glencore and the Uchucchacua Silver mine operated by Minas Buenaventura. The project is supported by existing mining infrastructure, including gravel access roads, and sits nearby the Tingo hydroelectric plant.
The Don Pancho deposit was first identified in 1997. Two mineralized areas of interest were identified from the previous exploration: Yanapallaca and the La Cruz. Stellar Mining historically conducted a 2,021-meter diamond drilling program across six holes on the Yanapallaca Zone, all of which intersected zinc-lead-silver mineralization.
The Yanapallaca Zone shows an extensive north-northwest-south-southeast-trending breccia zone measuring over 800 metres in length and up to 200 metres in width. Mineralization within this zone shows a typical Pb-Zn-Ag mineralization with elevated manganese. Numerous small old workings and three underground drifts exist within this zone. One of the adits (“Tunnel 2”) was drifted 173 metres to the southwest to the crosscut a massive sulphide vein returning 2 metres grading 106 g/t Ag, 3.26% Pb, 17.56% Zn and 2.58% Mn.
Due to the new interest in battery metals, Manganese is considered an essential metal in the EV revolution. Don Pancho’s Yanapallaca Zone shows widespread surface and subsurface Manganese mineralization. Chip samples taken from the previous operators along the 173 meters drift returned evaluated Mn assays such as:
Tunnel 2 – Assays Results
From 0 to 61 meters – 61 metres of 6.17% Mn, 14 g/t Ag, 0.46% Pb, 1.26% Zn
Includes 30 to 61 metres or 31 metres of 8.95% Mn, 11 g/t Ag, 0.33% Pb, 0.81% Zn
From 107 to 124 metres or 17 metres of 9.97% Mn, 9 g/t Ag, 0.28% Pb, 0.66% Zn
From 148 to 173 metres or 25 metres of 10.88% Mn, 4 g/t Ag, 0.09% Pb, 0.40% Zn
Recent surface sampling by Tartisan showed that 45 samples taken throughout the Yanapallaca Zone averaged 0.83 oz Ag/MT, 1.01% Pb, 1.18% Zn, and 10.1% Mn. More specifically 25 samples had Mn over limits on the Main Zone called “Yanapallaca” returning 18.78% Mn, 1.84% Zn, 0.65% Pb, and 0.80 oz/MT.
“The Company is excited to start a new phase of exploration targeting the manganese mineralization along this extensive altered brecciated zone,” said Tartisan CEO Mark Appleby. “Besides being located in a prolific polymetallic belt, having a better understanding of the structural controls for locating new mineralized zones and the recent new interest in the battery metal space, the Don Pancho property is a great opportunity for our company.”
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