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Western Metallica Resources to Restart Drill Program at Penedela Gold Project in Spain

MT Newswires ·  {{timeTz}}

08:35 AM EDT, 09/28/2022 (MT Newswires) -- Western Metallica Resources Corp. (WMS.V) on Wednesday reported the restart of the drill program at its 100% owned Penedela Gold Property, located in the Navelgas Gold Belt in Spain.

The company said the restart follows the appointment of the Vice President of Exploration, which led to the reprioritization of drill targets and advanced program planning.

Western Metallica, which appointed Giovanni Funaioli as Vice President of Exploration in August, said the current phase of the 2,000-meter diamond drilling program will focus on significantly stepping out along trend from previous targets with the aim of testing underexplored regions of the property.

The company said the primary objective of the May-July 2022 drill program was to confirm the presence of mineralization, prove its extension along strike and potential beyond previous exploration programs.

Western Metallica anticipates the latest drill program to continue into November. This phase intends to prove the property has the potential to host a million-ounce resource by prospectively confirming higher grades and wider intercepts, and to fill-in data intervals within the current structure, the company said.

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