Brief

Patriot Resources launches new sampling at Peru's Tassa corridor

The company collected 38 surface samples at the Pachamayo target and moved south to the newly staked Tassa 5 tenement.

By Felo News Desk · Published Tue, 06 Oct 2026 22:08:09 GMT

Patriot Resources said on Oct. 2 that it has begun a fresh exploration program at its Tassa silver‑gold project in southern Peru, completing a maiden sampling campaign at the northern Pachamayo target and moving its crew to the newly staked Tassa 5 tenement.

What happened

The firm collected 38 surface samples from the Pachamayo target, located north of the current resource area, and sent them to a Peruvian laboratory for analysis, with results expected early in Q4 2026. Mapping at Pachamayo has identified a 120‑metre‑long breccia zone with alteration that management believes represents the upper levels of an intact epithermal silver‑gold system. After dispatching the first batch of samples, the exploration team shifted south to begin mapping and sampling the “Priority One” zone at Tassa 5.

What the reports add

The article notes that the new program is designed to test the southern extension of a 3.1‑km‑long interpreted mineralised corridor, seeking to confirm and extend the silver and gold system beyond the boundaries of the existing 31.4 million‑ounce inferred resource announced in February. It also highlights a conceptual exploration target outlined in May that could contain 422‑to‑359 million tonnes grading 57‑to‑48 g/t silver equivalent, potentially amounting to 774‑to‑559 million ounces of silver equivalent, though the company stresses the target remains speculative.

What was said

Chief executive officer and managing director Dominic Duggan said, “It is great to have the team on the ground at Tassa under Miguel’s leadership. Our first samples from northern Tassa area are at the lab, and the team has identified breccia textures with alteration interpreted as the upper expression of the system.”

How it came about

Patriot Resources announced its maiden inferred resource of 18.53 million tonnes grading 52.68 g/t silver equivalent in February. The May‑issued exploration target and the recent hiring of senior geological engineer Miguel Montalván Aráoz, with over two decades of Peru‑based experience, set the stage for the current sampling and mapping push.

Key facts

Patriot Resources collected 38 surface samples at the Pachamayo target in southern Peru. (smh.com.au)
The samples were sent to a Peruvian lab with results expected early in Q4 2026. (smh.com.au)
Mapping revealed a 120‑metre breccia zone with alteration that may indicate an intact epithermal system. (smh.com.au)
The company hired Miguel Montalván Aráoz as Peru‑based exploration manager. (smh.com.au)