Pampa Metals Corp. announced that it has finalized the follow-up diamond drill program designed to demonstrate Piuquenes Central's potential to host an orebody of 1,000 m depth and 300 - 500 m diameter. Follow-Up Diamond Drill Program: Following the optioning of the Piuquenes Porphyry Copper-Gold Project, on-site preparatory works for a approx.

2,500m follow-up diamond drill program to test the depth and lateral extension of known mineralization at Piuquenes Central began on 20 December 2023. This follow-up program of up to 4 drill holes, including two priority drillholes of 850 - 900 m depth, will commence in mid-January 2024 and is summarized as follows: Hole 1 (REC-01) is orientated along a northeast-southwest geological section, proximate to the historical P8A (Inmet) and PIU16-DDH01 (Anglo) drillholes and designed to extend the depth of known mineralization at the southwestern edge of Piuquenes Central porphyry. Hole 2 (REC-02) is orientated along an east-west section, proximate to the historical P4 and P2 drillholes (Inmet) and designed to test the lateral extension of the mineralized body, primarily along the western edge of the Piuquenes Central porphyry.

A 3rd and possibly a 4th hole will focus on extending known depth to the northeast and southeast edges of the Piuquenes Central mineral body and seek to validate a potential mineral column of 1,000 m depth and 300 - 500 m diameter.