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Piche Resources Limited (ASX:PR2)

ALERT: Price-sensitive ASX Announcement for PR2
Current share price for PR2 : $0.028 -0.092 (-76.67%)+
Announcement
Release
5 Dec 2025 8:21AM
Price at Release
$0.120
Full Release
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Summary
Piche Resources Limited (ASX:PR2) has announced the commencement of its maiden Reverse Circulation (RC) drilling program at the Cerro Chacón Gold Project in Chubut Province, Argentina. The drilling program, which began with the first drill hole on 3 December 2025, aims to cover approximately 8,500 meters across the Cerro Chacón district. The program is focused on testing multiple high-priority targets within a 14 km gold–silver structural corridor, including areas of significant gold anomalism and veining. The project is situated within the Jurassic volcanic province of southern Patagonia, known for its low-sulphidation gold-silver systems. This initiative marks a significant milestone for Piche Resources, reflecting the culmination of extensive technical work carried out over the past two years, aiming to confirm mineralisation style, geometry, and continuity through systematic mapping, sampling, and geophysical surveys.
Key Points
  • Piche Resources Limited commences maiden RC drilling at Cerro Chacón Gold Project.
  • The drilling program covers approximately 8,500 meters and focuses on a 14 km gold-silver structural corridor.
  • High-priority targets include Cerro Chacón, La Javiela, and Toro Hosco.
  • The project is located within a region known for low-sulphidation gold-silver systems.
  • The program aims to confirm mineralisation style, geometry, and continuity.
  • This represents a major milestone following two years of technical preparation.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.