Initial Results Santa Ines Project Argentina – Phase 1

28 Feb 2014

  • Rock chip samples up to 3.26% copper, 0.8 g/t gold and 12.5 g/t silver

  • Apparent polymetallic (Fe-Co-Pb-Zn-Bi-W-Mo) association with Cu-Au-Ag mineralisation

  • Largely concealed 1.4km x 0.8km ground magnetic target identified

  • Approximately 180 line km of ground magnetic data acquired

  • Phase two of the exploration program to recommence shortly

PepinNini Minerals is pleased to announce that phase I of exploration activities undertaken across its Santa Ines Project, Salta Province, Argentina has been completed and results have now been received. The work was undertaken by geological consultants CSA Global during December 2013 (as announced in ASX release, 12th December, 2013).

In December it was announced that field exploration activities had commenced within three tenements comprising the Santa Ines Project in Salta Province Argentina (Table 1). The work was completed during the two weeks prior to Christmas 2013 and included geological mapping, geochemical sampling and ground magnetic surveying with the aim of better detailing the geology and mineral potential of the area, identifying concealed targets through geophysical surveying, and further investigating the mineralised system around the historical Santa Ines artisanal mine workings previously located within the project area (sample results previously announced in ASX release, 15th June 2012).