07:55 AM EDT, 07/30/2025 (MT Newswires) -- Minsud Resources ( MDSQF ) overnight Tuesday provided "significant" results from its on-going drilling campaign at the Chita Valley Project in San Juan, Argentina.
The company said drillholes at Chinchillones surrounds, tested and confirmed the southwest continuity of the NE-trending, 2.0km-long and 0.9km-wide polymetallic zone. The detailed mapping at the Placetas area confirmed the presence of coeval dioritic and dacitic lithologies, similar to the host rocks hosting the Chinchillones polymetallic deposit.
The compiled surface geochemistry, magnetic-depleted zones and mapping around the PSU area indicate the southern area to the PSU requires drill-testing. It said the total iron mapped from Landsat 8 imageries demonstrated coherent available total iron over the PSU surrounds and extends farther south for more than one kilometre.
"These latest exploration results further validate the scale and strategic significance of the Chinchillones-Placetas corridor," said Minsud Resources Director Ramiro Massa. "With multiple mineralized centres and substantial untested extensions, we believe this emerging district holds significant potential for the delineation of multiple mineralized systems."