Pampa Metals Corp. reported assay results from a three-hole diamond drilling program recently completed on its 100% owned Buenavista target located in northern Chile. Buenavista Assay Results: As previously reported, hydrothermal alteration and mineralisation indicative of the upper parts of a porphyry copper system was intersected in all three holes.

Multiple Au-Ag-Cu and Mo intercepts confirm a high-sulphidation epithermal style of mineralisation in transition to a porphyry system. Individual samples reported maximum assay grades of 1.86 g/t Au (hole BV02-2023), 30 g/t Ag (hole BV02- 2023), 0.45% Cu (hole BV02-1923) and 1,715 ppm Mo (hole BV03-2023). Hole BV02-2023 cut multiple narrow zones of Au-Ag-Cu mineralisation related to quartz-sulphide veins and breccias including 8m @ 0.12% Cu, 0.32g/t Au, 5.9g/t Ag from 174.18m downhole.

Significant molybdenum (286ppm Mo) was reported from a tourmaline breccia towards the bottom of the hole (515.2m) suggesting possible proximity to an inter-mineral porphyry source. Hole BV03-2023, like BV02-2023, was collared in the quartz-sulphide breccia zone with copper oxides mapped at surface and cut several narrow zones of Au- Ag- Cu mineralisation related to quartz-Sulphide veins andbreccias, including 4m @ 0.14% Cu, 0.44g/t Au, 2.1g/t Ag. High grade molybdenum (4m @ 574ppm Mo) was also reported from veins at 656m downhole.

Cu-Au-Ag values in a series of narrow granodiorite dykes cut in BV02-2023 and BV03-2023 confirm the presence of early inter-mineral intrusions. Hole BV01-2023, drilled on the central Buenavista quartz-veinlet stockwork zone and associated Tertiary-dated (60 Ma) dacite porphyry, reflected surface geochemistry and was highly anomalous in molybdenum along most of the hole length, with individual assay highs of 222ppm Mo.