Business
Chilean Metals Launches Bass River CastleReagh Exploration Program
(via TheNewswire) BASS RIVER, NS / TheNewswire / November 16, 2017 - Chilean Metals ...
About this update from Power Metallic Mines Inc.
[{"type":"text","content":"Chilean Metals Launches Bass River CastleReagh Exploration Program(via TheNewswire)\n \n \nBASS RIVER, NS / TheNewswire / November 16, 2017 - Chilean Metals Inc. (\"Chilean Metals,\" \"CMX\" or the \"Company\") (TSX.V: CMX, OTCQB: CMETF, SSE:CMX, MILA:CMX, FRA: IVV1, BER : IVV1). \n\n\n \nChilean Metals Inc & Tejas Gold Co. are pleased to report that they have launched its Exploration program, under the direction of Chilean Metals & its Technical Committee. \n\n\n \nGary Lohman, VP of Exploration stated, \"The much-anticipated program is finally underway at Bass River North. Intelligence gathered in field suggested additional staking opportunities and this delayed the product launch. We are waiting on assays in conjunction with this program and this will form part of a broader NS update we expect to publish later this month. The final pre drilling step is the completion of the geophysical survey, the data will be modelled by Minotaur Exploration Limited (Australia) who will provide parameters and recommendations including proposed drill collar locations.\n\n \n \n \nClick Image To View Full Size\n\n\n \nThe Two defined Grids (above) are presently being cut in preparation for Abitibi Geophysics, Val-d'Or, QC , who will conduct a three component fixed loop TDEM (PEM) Survey over the Priority Targets, BRN_VT01and BRN_VT03, as identified by Minotaur Exploration (Australia) and our Technical Committee. Once this data is processed and returned by Minotaur Exploration, Chilean Metals will announce & execute it's 2000-3000m Drilling Program which is expected to commence in early December and run until the end of January. \n\n\n \n\nClick Image To View Full Size \nClick Image To View Full Size\n LineCutters on Bass River Target BRN_VT01 (Photos dated 11-13-17)\n\n\n \n\"We are very excited to be launching our Drill Program on the largest VTEM anomaly defined in over 2000 line kilometers of airborne surveying. This is an extension of a previously defined, well mineralized Zn-Pb-Ag system. We also staked additional ground to protect a New Enhanced Geophysical Target on & off our existing Bass River Claims, and now we are going to test this system's extension trending northeast towards the Pleasant Hills Pluton\", stated Terry Lynch, Chairman of Chilean Metals Inc.\n\n\n \n\"I believe many will be surprised at the results th...