Sendero Resources Corp Announces Promising Gold Equivalent Findings in Peñas Negras Project

Sendero Resources Corp. (TSX:SEND) has disclosed the early results of its maiden drilling initiative at the Peñas Negras Project, situated in the Vicuña District, La Rioja, Argentina. The exploration company highlighted findings from the first three diamond drill holes, particularly emphasizing the discovery hole PNDH003, which yielded 256 meters of 0.53 g/t Gold Equivalent (AuEq) starting from a depth of 84 meters. The results underline significant gold and copper mineralization, showcasing the potential of the La Ollita target within the project.

The ongoing drilling campaign aims at uncovering a broad mineralized advanced argillic epithermal lithocap that overlays a porphyry gold-copper system. Michael Wood, Executive Chairman of Sendero, expressed satisfaction with the initial outcomes, emphasizing the geological similarities of La Ollita with significant nearby deposits. These results are deemed crucial for understanding the deposit's geometry, grade distribution, and mineralogy.

Sendero Resources conveyed that drilling at La Ollita continues to validate the presence of an extensive, well-preserved Au-Cu-Ag mineral system, drawing parallels with other major deposits in the Vicuña District. With an initial focus on La Ollita, the company has currently completed holes PNDH004 to PNDH006, with PNDH007 underway. Sendero aims to wrap up the current drilling program by late April, having drilled approximately 3,100 meters so far.

In addition to PNDH003’s striking results, early drilling at La Peña and Tamberías has confirmed low but consistent Au-Cu-Mo and Ag grades, aligning with expected mineralization patterns of gold-rich porphyry systems.

Following these promising findings, Sendero Resources has also initiated investigations on other lithocap targets within the property, known for hosting gold mineralization, indicating a comprehensive exploration approach.