El Pilar Copper-Gold Porphyry System

El Pilar
Porphyry System

A 752ha concession in central Cuba is held by joint venture company, Minera La Victoria, and covers the Nueva Sabana gold-copper oxide deposit, and the El Pilar porphyry copper system

An adjacent 17,000ha concession covering porphyry copper prospects at San Nicholas and San Nicholas South, and numerous gold workings, is held in an Exploration Agreement but will soon be transferred to Minera La Victoria for future exploration

Antilles Gold has identified surface exposure as the leached phyllic caps to underlying copper-gold porphyry intrusives in the El Pilar system

The extent of surficial hydrothermal alteration indicates the porphyry intrusions have large dimensions, and potential depth greater than 1,000m

Ground magnetics and Induced Polarisation surveys in early 2023 identified a cluster of three porphyry intrusives (El Pilar, Gaspar, and Camilo) within the concession

The site is flat, unoccupied, and ideally located adjacent to a major highway, high tension power, and a 60km rail link to Palo Alto port

A 10 hole initial diamond drilling program has demonstrated porphyry style veining, breccias and alteration indicative of copper porphyry style mineralization

Drilling is planned to recommence in Q3 2024 after the El Pilar Exploitation Licence is issued to the joint venture that will permit further exploration and possible future development.