In this GOLDINVEST interview, Sankamap Metals (CSE SCU / WKN A3ESGU) provides a comprehensive update on its exploration activities in the Solomon Islands. After several years of intensive preparation, the project was financed with approximately US$4.7 million in October of last year – a crucial step to take exploration to a new level.
With the fresh funds, Sankamap Metals was able to acquire its own heliportable drilling rig and build initial drilling platforms. The first planned drill hole, with a depth of around 1,000 meters, is intended to test a previously undrilled porphyry copper-gold system in the Kuma project area – a rare scenario with corresponding discovery potential.
The project is located in the Pacific “Ring of Fire,” one of the most productive metallogenic zones in the world, comparable to well-known copper-gold provinces in Chile, Peru, North America, and Papua New Guinea. Surface sampling from stream sediments shows distinct pyrite halo structures. Historical finds of float samples with up to 13 g/t gold and 11% copper underscore the geological potential of the system.
In addition, Sankamap Metals introduces the second Faro project, which is about one hour away by helicopter. Epithermal gold mineralizations with grades of 10–12 g/t gold and copper values of up to 4% have been identified on the surface there. Several additional target zones along the caldera rim have already been defined and are to be further investigated.
The planned start of drilling in the first quarter of next year is considered a central milestone for risk reduction, geological modeling, and project evaluation – and could lay the foundation for a new gold-copper discovery.
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