Drilling Countdown Begins as FMR Targets Potential Copper-Gold Discovery in Chile
FMR Resources has refined its exploration targets at the Southern Porphyry within Chile’s Llahuin Project, confirming surface indications of a copper system and gearing up for drilling in late 2025.
- Detailed geological mapping confirms upper levels of copper porphyry at surface
- Historic drillhole re-logging supports mineralisation below surface
- Geophysical data reprocessing underway to refine deep drill targets
- Phase I drilling scheduled for Q4 2025
- Joint venture with Southern Hemisphere Mining Ltd targets a large copper-gold-molybdenite system
Exploration Progress at Llahuin
FMR Resources Limited has provided a significant update on its Southern Porphyry target within the Llahuin Project in Chile, a joint venture with Southern Hemisphere Mining Ltd. The company has completed detailed geological field mapping that reveals alteration patterns consistent with the upper levels of a copper porphyry system exposed at surface. This early-stage evidence bolsters the hypothesis of a mineralised system extending at depth.
Historic Data Revisited
Complementing the surface observations, FMR has re-logged historic drillholes, integrating geochemical data that aligns with the field mapping findings. Notably, drillhole 22LHRC024 exhibits hydrothermal alteration and disseminated sulphides typical of porphyry systems. These insights provide a stronger geological framework to guide upcoming drilling efforts.
Refining Drill Targets
To sharpen the focus for Phase I drilling, FMR is reprocessing geophysical datasets, including magneto-telluric and induced polarization surveys. This modelling aims to delineate precise drill targets at depth beneath the surface alteration zones. The company is actively tendering for drilling contractors, with plans to commence drilling in the fourth quarter of 2025.
Strategic Location and Potential
The Llahuin Project is strategically located in Chile’s Coquimbo Region, near infrastructure hubs such as roads, electricity, and airstrips, which supports efficient exploration logistics. The project covers a 6-kilometre corridor with proven copper-gold-molybdenite mineralisation, making it a compelling target for a potential company-making discovery.
Looking Ahead
With detailed mapping, historic data validation, and geophysical reprocessing converging, FMR Resources is poised to test its refined targets through drilling later this year. The results of this campaign will be critical in assessing the scale and quality of the mineral system and shaping the future development strategy.
Bottom Line?
As FMR Resources prepares to drill, the market watches closely for signs of a breakthrough at Llahuin’s Southern Porphyry.
Questions in the middle?
- Will the upcoming drilling confirm the depth and grade continuity of the copper porphyry system?
- How will the joint venture terms evolve as exploration advances toward resource definition?
- What impact will the geophysical reprocessing results have on refining the drill program scope?
