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Drilling Update Continues to Deliver Positive Copper Intercepts at Battery Mineral Resources Punitaqui Mine
Vancouver, British Columbia--(Newsfile Corp. - December 29, 2021) - Battery Mineral Resources ...
About this update from Battery Mineral Resources Corp
[{"type":"text","content":"Drilling Update Continues to Deliver Positive Copper Intercepts at Battery Mineral Resources Punitaqui MineVancouver, British Columbia--(Newsfile Corp. - December 29, 2021) - 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 Cinabrio, 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 located in the southern portion of the Punitaqui area about 6 kilometers south of the Punitaqui copper processing plant. The San Andres target is located 500 meters west of the Cinabrio mine while the Cinabrio Norte and Cinabrio Sur targets represent potential extensions of the Cinabrio orebody to the north and south. (see Figure 1 and Figure 2). HighlightsAt Dalmacia, a total of 5,346 meters in 27 holes completed and drilling continues. New assay results include the following drillholes:DS-21-04: 6 meters (\"m\") grading 0.71% Copper (\"Cu\") including 4.0m at 0.87% Cu, and 13m at 0.64% Cu including 2m at 1.24% Cu;DS-21-05: 6m at 1.16% Cu;DS-21-07: 33m at 1.77% Cu, including intervals of 9.0m at 3.44% Cu, and 7.0m at 2.54% Cu, and 10m at 0.84% Cu, and 6m at 2.19% Cu.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. New assay results include the following drillholes:SAS-21-27: 11m at 2.16% Cu;SAS-21-29: 16m at 1.49% Cu;SAS-21-30: 5m at 1.39% Cu including 3.0m at 1.89% Cu.At Cinabrio Norte, nine holes have been completed for 1,443m and drilling is ongoing. This initial program is planned as 18 holes totaling 3,000m which will test 400m of strike length to a depth of 200m. Visual copper mineralization has been recorded in six of the first nine holes. Nine holes have been sampled and dispatched for analysis and results are awaited.At Cinabrio Sur, 860m in eight holes have been completed. This drilling targeted the immediate southern extensions of the Cinabrio mine or...