This paper describes the ZTEM airborne EM and magnetic inversion results over the porphyry copper-gold camp at Cobre Panama. We focus on the discovery of the blind Balboa deposit in 2010; this is the first documented blind discovery attributed to the ZTEM system. Balboa is the westernmost of six porphyry copper-gold deposits that make up Cobre Panama. It escaped detection in 40 years of exploration that relied primarily on soil geochemistry, airborne magnetics and drilling. ZTEM was flown in the summer of 2010 to see if it could detect resistivity variations related to porphyry systems hidden in a region of dense jungle, difficult to access, and covered by a thick (20-30 m) conductive saprolite layer The ZTEM survey detected all of the known porphyry systems, including Balboa, based on anomalous conductive responses. Our study presents the geophysical survey results at Cobre Panama and is supported by 2D-3D ZTEM and magnetic inversions that appear to validate the survey evidence. 2D synthetic modeling appears to confirm the detectability of the weakly conductive Balboa orebody below 30 m of saprolite cover.

The primary paper from which this material is derived can be accessed here.


Fig. 459 3D ZTEM inversion for L1170 over Balboa, and for L1170, both showing outline of ore grade shells.