Business
Battery Mineral Resources Announces Intercept of 53 Meters of 2.34% Copper from Dalmacia Target at Its Punitaqui Mine
Vancouver, British Columbia--(Newsfile Corp. - March 2, 2022) - Battery Mineral Resources Corp...
About this update from Battery Mineral Resources Corp
[{"type":"text","content":"Battery Mineral Resources Announces Intercept of 53 Meters of 2.34% Copper from Dalmacia Target at Its Punitaqui MineVancouver, British Columbia--(Newsfile Corp. - March 2, 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 recently completed phase 1 exploration and in-fill drill program at the Dalmacia target of the Punitaqui mine complex ('Punitaqui\") in Chile. Drilling continues at the Cinabrio Norte target where three diamond drills are in operation. The Punitaqui mine is slated for resumption of copper concentrate production in mid to late-2022.Dalmacia is located in the southern portion of Punitaqui about 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 (see Figure 1). HighlightsAt Dalmacia, phase 1 drilling has concluded for a total of 9,757 meters in 52 diamond drill holes. New assay results for the following Dalmacia drillholes include the following (see Table 1):DS-21-21: 53 meters (\"m\") at 2.34% Copper (\"Cu\") including 17m at 3.77% CuDS-21-26: 33m at 1.64% Cu including 21m at 2.05% CuDS-21-18: 68m at 1.14% Cu including 14m at 2.07% Cu DS-21-09: 16m at 1.84% Cu including 12m at 2.18% CuDS-21-28: 20m at 1.38% Cu and 3m at 1.13% CuDS-21-20: 14m at 1.30% Cu and 4m at 1.79% CuDS-21-25: 20m at 1.22% Cu including 6m at 2.87% Cu and 6m at 1.46% Cu and 5m at 1.57% CuDS-21-23A: 18m at 1.05% Cu and 19m at 1.36% Cu including 5m at 2.44% Cu DS-21-15: 8m at 1.14% Cu including 3m at 1.58% Cu DS-21-19: 36m at 0.99% Cu and 6m at 1.30% Cu DS-21-24: 21m at 0.64% Cu including 4m at 1.21% CuDS-21-27: 5m at 1.45% CuDS-21-22: 4m at 3.60% Cu and 3m at 1.12% CuSignificant copper mineralization was reported in 43 of the 52 holes in the phase 1 Dalmacia program. Detailed core logging and assaying is in progress for the remainder of the completed drillholes.Once final assays results are received, the new 3D geological model and assay database will form the basis of a resource estimate to be completed by JDS Energy & Mining Inc. Planning for both a follow-up infill program at Dalmacia and an exploration and...