Halcones Precious Metals Corp. provided results from the recently completed drill campaign and review results from 2023 at the Carachapampa project (Carachapampa or the Project). Carachapampa is located in the prolific Maricunga belt approximately 180 km northeast of the city of Copiapó with year-round road access.

In the immediate vicinity of Carachapampa are several large-scale operating mines including La Coipa (Kinross) and Salares Norte (Gold Fields) hosted in similar geology to Carachapampa. Carachapampa borders Kingsgate Consolidated?s Nueva Esperanza project which contains 3.0mt @ 0.39 g/t Au and 66 g/t Ag. The highlight from the recently completed drill program was the previously released upper section of Hole CAR23-015 which returned 3.91% Cu and 0.21 g/t Au over 8 m from 151 m downhole at the Northwest target.

Below this intercept was a 100 m core interval with highly anomalous pathfinder elements which is often indicative of potential proximity to a high sulphidation epithermal deposit. This copper intercept is approximately 60 m laterally from the 2m, 0.55% Cu intercept at the end of hole CAR23-012. Halcones drilled 5 holes during the recent drill campaign totaling 1,456 m which targeted the Northwest and Central targets.

All assays have been received and compilation work has been completed. The Halcones exploration team plans to focus on the Northwest target where the higher grade and most geologically significant results to date have been returned. This area is also closest to the past producing deposits on the adjacent property.

Compilation of data from drilling, colluvial sampling and geophysics indicate a prospective target for follow-up drilling to the east-southeast of hole CAR23-015.