FMR Resources has completed a high-resolution helicopter magnetic and radiometric survey at its Los Warbos project in Chile, returning new rock chip samples grading up to 5.94% copper and 148 g/t silver.

The survey identified a series of discrete magnetic anomalies across the project area, several of which correlate with interpreted dioritic intrusive centres. These anomalies are located within or adjacent to the Formación Río Tascadero marine carbonate sequence, which hosts known skarn mineralisation. The company has lodged applications for nine new mining concessions to cover this prospective stratigraphy.

“The helicopter magnetic and radiometric survey has significantly advanced our understanding of the Los Warbos Project. By integrating multiple, independent datasets, we have refined our exploration model and increased confidence in a number of high-priority skarn and porphyry targets that will form the focus of our next phase of exploration.”

“The identification of the numerous magnetic anomalies associated with regional mapping, adjacent to high-grade Cu-Au-Ag skarn mineralisation, provides an incredibly compelling set of porphyry-source and skarn targets, along a +15km-long prospective corridor.”

— Oliver Kiddie, Managing Director

The geophysical data, combined with surface geochemistry showing extensive magnetite replacement and epidote-rich alteration, has established a framework for targeting at the site. FMR is now progressing toward a maiden drilling program to test these skarn and porphyry-style targets.

Read the full announcement: Los Warbos Helicopter Magnetic Survey