Exploration activities have commenced at the Los Ganchos and Cañada La Vaca targets, within the Company's prioritized exploration corridor (see Figure 1). The program includes detailed surface mapping, rock and soil sampling, and trenching to refine high-potential drill targets.
"This campaign builds on our proven discovery track record in the Tireo Belt," stated Luis Santana, CEO. "With this drilling program we are eager to unlock the next generation of gold-copper VMS deposits while advancing Romero toward development."
Leandro Sastre, VP Exploration, added: "Returning to the Tireo Belt energizes the whole team. This phase of detailed mapping, trenching and sampling will refine our targeting and set the stage for the upcoming 5,000-metre drill program."
2025 Program Highlights:
- Five drill-ready VMS targets: Los Ganchos, Cañada La Vaca, Los Mineros, Cachimbo SE, Cachimbo NW. 5,000 metres of planned drilling in Phase 1.
- 50-km district-scale trend anchored by existing Romero and Romero South resources.
- Fully funded exploration budget from GoldQuest's ~$15 million treasury.
- Phase 1 designed to deliver near-term, high-impact results ahead of the Romero Bankable Feasibility Study.
The 2025 Program will evaluate multiple new VMS targets and conduct follow-up drilling on previously identified significant intersections at Los Ganchos, Canada La Vaca, Los Mineros, Cachimbo SE and Cachimbo NW. The Tireo Formation continues to demonstrate exceptional potential for additional VMS discoveries, comparable to internationally recognized belts.
Figure 1
