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Battery Mineral Resources Continues to Deliver Favorable Drilling Results at Punitaqui Copper Mine
Vancouver, British Columbia--(Newsfile Corp. - February 22, 2022) - Battery Mineral Resources ...
About this update from Battery Mineral Resources Corp
[{"type":"text","content":"Battery Mineral Resources Continues to Deliver Favorable Drilling Results at Punitaqui Copper MineVancouver, British Columbia--(Newsfile Corp. - February 22, 2022) - Battery Mineral Resources Corp. (TSXV: BMR) (OTCQB: BTRMF) (\"Battery\" or \"BMR\" or the \"Company\") is pleased to announce encouraging drill core assay results from the on-going 2021 exploration and in-fill drill program at the San Andres zone of the Punitaqui mine complex (\"Punitaqui\") in Chile. Punitaqui is slated for resumption of copper concentrate production in the second half of 2022.San Andres is the \"normal\" fault displaced upper portion of the adjacent Cinabrio copper deposit that is part of Punitaqui. Cinabrio was the primary source of copper for the Punitaqui mill which typically produced between 20 and 25 million pounds of copper annually and was operated for nine plus years by each of Glencore and Xiana Mining. The San Andres zone is one of several historic zones within BMR's Punitaqui project with partially delineated resource potential and established underground access. Historic wide-spaced drilling completed by the previous operators between 2011- 2020 totaled 9,676 meters in 76 holes. HighlightsThe San Andres drill program is designed to confirm resource potential identified over a 600-meter (\"m\") strike length by previous drilling programs.Final assay results from remaining San Andres drillholes have been returned with encouraging results as follows (see Table 1):SAS-21-36: 37.6 meters (\"m\") at 1.36% Copper (\"Cu\") including 27.4m at 1.55% Cu and including 14.7m at 2.12% Cu SAS-21-35: 25.1m at 0.54% Cu including 6.9m at 1.10% CuSAS-21-34: 9.2m at 1.57% CuSAS-21-31: 2.8m at 1.74% Cu SAS-21-25: 4.6m at 0.82% CuSAS-21-32: 4m at 1.44% CuSAS-21-38: 2.2m at 1.10% CuSAS-21-33: 2.0m at 0.73% CuSAS-21-37: 2.1m at 0.66% Cu8,156m of drilling in 38 diamond core holes were completed in the Phase 1 drill program at San Andres and final complete multi-element analytical results have been received for all samples. Drilling tested the Target Stratigraphic Unit (\"TSU\") sediments to the north and south along strike and at depth. In total, 36 holes reached target depth and intersected the favorable mineralized horizon. Of those, 29 drillholes produced significant copper intercepts during the program.Cross-sectional geological interpretation sections hav...