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Battery Mineral Resources Announces Intercept of 23 Meters of 1.55% Copper from Dalmacia Target at Its Punitaqui Mine
Vancouver, British Columbia--(Newsfile Corp. - June 9, 2022) - Battery Mineral Resources Corp....
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[{"type":"text","content":"Battery Mineral Resources Announces Intercept of 23 Meters of 1.55% Copper from Dalmacia Target at Its Punitaqui MineVancouver, British Columbia--(Newsfile Corp. - June 9, 2022) - Battery Mineral Resources Corp. (TSXV: BMR) (OTCQB: BTRMF) (\"Battery\" or \"BMR\" or the \"Company\") announces encouraging drill core assay results from the recently completed Phase 1 exploration and infill drill program at the Dalmacia zone of the Punitaqui mine complex ('Punitaqui\") in Chile. The Punitaqui mine is slated for resumption of mine operations in the second half of 2022. The Dalmacia target is located in the southern portion of the Punitaqui area approximately 6 kilometers (\"km\") 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 plant. HighlightsFinal assay results for the following Dalmacia drillholes include (see Table 1):DS-22-09: 18 meters (\"m\") at 1.51% Copper (\"Cu\") including 8m at 2.39% Cu DS-22-10: 23m at 1.55% Cu including 12m at 2.50% Cu DS-22-11: 11m at 1.96% Cu, 6m at 2.40% Cu and 11m at 1.50% Cu DS-22-12: 5m at 1.08% Cu, 4m at 1.22% Cu and 11m at 0.90% Cu DS-22-13: 5m at 1.00% CuDS-22-15: 29m at 1.05% Cu including 7m at 1.94% Cu DS-22-16: 4m at 1.17% Cu DS-22-17: 6m at 1.15% CuDS-22-18: 6m at 0.96% CuThe phase 1 drill program at Dalmacia has been completed and comprised of 9,757 meters in 52 drill holes. Geological drill cross-sections were compiled, and an updated 3D geological model has been finalized.The new 3D geological model and assay database will form the basis of a resource estimate to be completed by consultants JDS Energy & Mining Inc. Planning for a follow-up infill Reverse Circulation (\"RC\") program at Dalmacia North and an exploration and infill drill test of the remaining 1,000m strike length at Dalmacia is complete and a number of new drill pads have been constructed.Battery CEO, Martin Kostuik states; \"We continue to advance the Punitaqui project via drilling, metallurgical testing, permit modifications, community relations and are gaining clarity on non-dilutive financing for the capital required for resumption of operations at Punitaqui. These drilling results further confirm the high-grade of the copper mineralization at Dalmacia North...