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Sept. 28, 2021, 3:15 a.m. EDT

Pampa Metals Reports Drilling Results from its Redondo-Veronica Project in Chile With Indications of Deep Porphyry Systems

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Note: The reader is cautioned that the Redondo-Veronica Project is an early-stage exploration property and reference to existing mines and deposits, or mineralization hosted on adjacent and nearby properties, is not necessarily indicative of any mineralization hosted on the Redondo-Veronica Project.

COVID-19

The global outbreak of COVID-19 has led governments worldwide to enact emergency measures to combat the spread of the virus. Such measures may result in a period of business disruption including reduced operations, which could have a material adverse impact on the Company's results of operations, financial condition and the market and trading price of the Company's securities.

As of the date of this news release, the duration and immediate and eventual impact of the COVID-19 pandemic remain unknown. It is not possible to reliably estimate the length and severity of these developments and the impact on the financial results and condition of the Company. The outbreak of COVID-19 has not caused significant disruptions to the Company's business to date, with field activities being conducted by Chile-based specialists and consultants, although international travel to Chile for management has not been possible to date. Important business communication is largely reliant on digital media. Notwithstanding progress to date, the COVID-19 outbreak may yet cause disruptions to the Company's business and operational plans.

ABOUT PAMPA METALS

Pampa Metals is a Canadian company listed on the Canadian Stock Exchange /zigman2/quotes/223220900/delayed CA:PM 0.00% as well as the Frankfurt /zigman2/quotes/208558273/delayed DE:FIRA -1.76% and OTC (otcqb®:PMMCF) exchanges. Pampa Metals owns a highly prospective 59,000-hectare portfolio of eight projects for copper and gold located along proven mineral belts in Chile, one of the world's top mining jurisdictions. The Company has a vision to create value for shareholders and all other stakeholders by making a major copper discovery along the prime mineral belts of Chile, using the best geological and technological methods. For more information, please visit Pampa Metals' website www.pampametals.com .

ON BEHALF OF THE BOARD

Julian Bavin | Chief Executive Officer

INVESTOR CONTACT

Ioannis (Yannis) Tsitos | Director

investors@pampametals.com

www.pampametals.com

Neither the CSE nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this release.

FORWARD-LOOKING STATEMENTS

This news release contains certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical fact, that address events or developments that Pampa Metals expects to occur, are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential", "indicate" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Although Pampa Metals believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guaranteeing of future performance and actual results may differ materially from those in forward-looking statements.

Image: https://www.accesswire.com/users/newswire/images/665762/image.pngFigure 1: Redondo-Veronica - Drone Magnetics - MVI @ 1,500m Elevation

Showing Surface Locations of RC Drill Holes

Image: https://www.accesswire.com/users/newswire/images/665762/image-1.pngFigure 2: Redondo-Veronica - 3D Vector IP - Average Vector Phase

Showing Surface Locations of RC Drill Holes

Image: https://www.accesswire.com/users/newswire/images/665762/image-2.pngFigure 3: Redondo-Veronica - 3D Vector IP - 3D Inverted Phase @ 750m Depth

Showing Surface Locations of RC Drill Holes

Image: https://www.accesswire.com/users/newswire/images/665762/image-3.pngFigure 4: Redondo-Veronica - MT Resistivity @ 1,000m Depth

Showing Surface Locations of RC Drill Holes

Image: https://www.accesswire.com/users/newswire/images/665762/image-4.pngFigure 5: Redondo-Veronica - Interpretive Section 7.357.100 with Drill Holes RV-03, RV-05 - 3D Inversion Model of VIP Survey - Showing MVI Magnetics, Geology, IP Phase (Chargeability) and IP Resistivity

SOURCE: Pampa Metals Corp.

View source version on accesswire.com:

https://www.accesswire.com/665762/Pampa-Metals-Reports-Drilling-Results-from-its-Redondo-Veronica-Project-in-Chile-With-Indications-of-Deep-Porphyry-Systems

COMTEX_394148064/2457/2021-09-28T03:15:25

Is there a problem with this press release? Contact the source provider Comtex at editorial@comtex.com. You can also contact MarketWatch Customer Service via our Customer Center.

Copyright 2021 ACCESSWIRE

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