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Battery Mineral Resources Announces Intercept of 102 Meters Grading 1.41% Copper, at Dalmacia Target at Its Punitaqui Mine
Vancouver, British Columbia--(Newsfile Corp. - January 25, 2022) - Battery Mineral Resources C...
About this update from Battery Mineral Resources Corp
[{"type":"text","content":"Battery Mineral Resources Announces Intercept of 102 Meters Grading 1.41% Copper, at Dalmacia Target at Its Punitaqui MineVancouver, British Columbia--(Newsfile Corp. - January 25, 2022) - Battery Mineral Resources Corp. (TSXV: BMR) (OTCQB: BTRMF) (\"Battery\" or \"BMR\" or the \"Company\") is extremely pleased to announce encouraging drill core assay results from the on-going 2021 exploration and in-fill drill program focused on extensions of the Cinabrio orebody, the Dalmacia and San Andres targets within the Punitaqui mine complex (\"Punitaqui\") in Chile. Punitaqui is slated for resumption of copper concentrate production in mid to late-2022. Dalmacia is in the southern portion of the Punitaqui area about 6 kilometers south of the Punitaqui copper processing plant. The Dalmacia target has underground mining access, partially delineated mineralized zones and is targeted as a potential new source of ore feed to the Punitaqui ore concentration plant (see Figure 1). HighlightsAt Dalmacia, a total of 6,504 meters in 33 holes have been completed and drilling continues. New assay results include the following drillholes (see Table 1):DS-21-08: 102 meters (\"m\") grading 1.41 percent copper (\"% Cu\") including 78m at 1.67% Cu and 16m at 3.52% Cu;DS-21-11: 24m at 1.04% Cu including 6m at 1.95% Cu;DS-21-12: 11m at 0.82% Cu;DS-21-13: 18m at 1.61% Cu and 12m at 2.13% Cu;DS-21-14: 15m at 1.16% Cu and 9m at 1.53% Cu;DS-21-16: 8m at 5.29% Cu and 8m at 3.53% Cu.Four diamond drills in operation at Punitaqui - two drills at Dalmacia and two drills at Cinabrio Norte (a potential extension of the Cinabrio orebody).At San Andres, the Phase 1 program resulted in the completion of 8,156m of drilling in 38 holes. All samples have been dispatched for analysis with assay results pending for the final six holes. An update of the 3D geological model is being completed which will be followed by a resource estimate by JDS Energy and Mining. A sample of previously published results include the following drillholes:SAS-21-03: 11m at 1.39% Cu;SAS-21-04: 16.7m at 1.37% Cu;SAS-21-14: 12.8m at 1.44% Cu;SAS-21-21: 13m at 0.96% Cu;SAS-21-27: 11m at 2.16% Cu;SAS-21-29: 16m at 1.49% Cu.Battery CEO, Martin Kostuik states; \"These drilling results, particularly from our Dalmacia target, are far better than expected. 102 meters of 1.41 percent copper is an outstandi...