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Element 29 Reports Positive Sequential Copper Leach Results from the Flor de Cobre Project
Vancouver, British Columbia--(Newsfile Corp. - February 22, 2023) - Element 29 Resources Inc. (T...
About this update from Element 29 Resources, Inc.
[{"type":"text","content":"Element 29 Reports Positive Sequential Copper Leach Results from the Flor de Cobre ProjectVancouver, British Columbia--(Newsfile Corp. - February 22, 2023) - Element 29 Resources Inc. (TSXV: ECU) (OTCQB: EMTRF) (BVL: ECU) (\"Element 29\" or the \"Company\") reports positive results from sequential copper leach analysis of samples from the Phase 1 drilling program at its Flor de Cobre Copper Project (\"Flor de Cobre\" or \"Project\") in southern Peru (Figure 1). Preliminary results indicate positive copper leach extraction characteristics from the chalcocite-dominated enrichment zone at Candelaria on Flor de Cobre.Steve Stakiw, Element 29's President and CEO, comments, \"We are greatly encouraged by this positive sequential copper leach data, which confirms our observations of a significant, high-grade enrichment zone dominated by the soluble secondary copper mineral chalcocite. Sequential copper leach analysis was undertaken on an extensive drill core sample set from the supergene enrichment profile to provide representative initial information on the leach characteristics of enriched mineralization that will be a valuable contribution to designing follow-up copper metallurgical test work.\" Flor de Cobre is a near-surface, porphyry copper-molybdenum mineralized system (Figure 1) located in the Southern Peru Copper Belt approximately 26 kilometres (\"km\") southeast of the Cerro Verde copper mine. Sequential leach analysis was recently undertaken on 1,233 metres (\"m\") of drill core (674 samples) representing a significant sample set of the secondary copper enrichment intervals from the 12 drill holes completed by the Company at Flor de Cobre in 2022. Sequential leach analysis is an established geochemical technique used to examine the solubility of copper minerals in a series of different solutions to indicate proportions of soluble oxide minerals, soluble secondary sulphide minerals, and primary copper minerals. Results can be used to identify mineral zones for metallurgical sampling and testing, indicate types of technologies and reagents to use, contribute to evaluation of process route options, and eventually inform geometallurgical modelling, and a prediction of recoveries as the company advances toward a potential development path. The sequential analysis indicates the main enrichment zone at Flor de Cobre is d...