FMR Resources Confirms Broad Mineralised Porphyry System at Llahuin with Phase II Drilling Planned

Final Assays Confirm Extensive Porphyry Footprint

FMR Resources Limited (ASX:FMR) has unveiled final assay results from diamond drillhole 26LHDD073 at the Southern Porphyry target within its Llahuin Project Joint Venture in Chile. The assays confirm a broad copper-gold-molybdenum anomalism associated with multiple porphyry intrusive phases and stockwork breccias, validating geological observations of an extensive mineralised system.

Key intersections include 24 metres grading 0.14% copper equivalent (CuEq) from 156 metres and a higher-grade 4 metres at 0.78% CuEq from 582 metres. These results reinforce the interpretation that the drilling has intercepted the margins rather than the high-grade core of a large porphyry intrusive corridor.

Geological and Geochemical Integration to Refine Targets

Drillhole 26LHDD073 was strategically designed to test structural, geological, and geochemical vectors derived from previous holes 25LHDD070, 25LHDD071, and 26LHDD072. The hole intersected multiple mineralised intrusive phases, pervasive hydrothermal alteration, and broad zones of quartz-sulphide stockwork veining with visible chalcopyrite and molybdenite.

FMR is actively integrating assays with petrographic studies, multi-element geochemistry, and geophysical datasets, including downhole and surface induced polarisation (IP) and magnetotelluric (MT) models. This multidisciplinary approach aims to better vector toward the higher-temperature copper-molybdenum core of the system, which remains untested by current drilling.

Ongoing Petrophysical and Structural Studies

Complementing geochemical work, petrophysical testwork on key lithologies is underway to measure density, magnetic susceptibility, resistivity, and chargeability. These data will refine geophysical inversion models and improve drill targeting precision for the next phase.

Structural measurements from Target L indicate increasing vein complexity compared to earlier drillholes, interpreted as proximity to the porphyry fluid source. The Southern Porphyry target lies within a six-kilometre mineralised corridor hosting multiple copper-gold-molybdenum porphyry centers, with field mapping revealing argillic alteration, silicification, and epithermal quartz veining typical of upper porphyry system levels.

Phase II Drilling Planned for Late 2026

FMR plans to finalise Phase II drill targeting later this year, focusing on the interpreted porphyry core identified through integrated geological, geochemical, and geophysical modelling. This next stage aims to test for higher-grade mineralisation at depth and along strike, building on the extensive footprint confirmed by Phase I drilling.

Managing Director Oliver Kiddie emphasised that the assays "validate the geological observations from drilling, confirming a broad mineralised porphyry system containing copper, molybdenum, and gold anomalism associated with intrusive phases and stockwork breccia." He added that ongoing integration efforts are refining vectors toward the higher-grade core ahead of the next drill phase.

While the true widths of mineralised intervals are yet to be fully established, the consistent presence of copper, molybdenum, and gold across multiple drillholes supports the potential scale of the system. The company continues detailed petrographic and geochemical analyses to reconstruct the porphyry system geometry and guide exploration.