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Vortex Metals Concludes the Definitive Agreement to Acquire an 80% Interest in the Illapel Copper Project, Chile
Vortex Metals Concludes the Definitive Agreement to Acquire an 80% Interest in the Illapel Copper...
About this update from Vortex Metals Inc
[{"type":"text","content":"\n \n \n \n Vortex Metals Concludes the Definitive Agreement to Acquire an 80% Interest in the Illapel Copper Project, Chile\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prnml40{\nMARGIN-LEFT:3.33em !IMPORTANT\n}\n.prnml80{\nMARGIN-LEFT:6.67em !IMPORTANT\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n The Company Intends to Drill\n \n \n Stratabound Cu-Ag\n \n \n Targets Proximal to the Rio 27 Mine and Epithermal Gold Target\n \n \n s\n \n \n Beginning in 2024\n \n \n \n \n \n VANCOUVER, BC\n \n \n ,\n \n \n Nov. 20, 2023\n \n \n /CNW/ - Vortex Metals Inc. (TSXV: VMS) (FSE: DM8) (OTCQB: VMSSF) (\"Vortex\" or the \"Company\") is pleased to announce that it has signed the definitive agreement with \"Windows Minerals SCM and SLM Rio 27 De Farellon Sánchez\" (Jointly the optionors) for an option to acquire up to an 80% Interest in the Illapel Copper Project. This follows the letter of Intent (LOI) that was entered into on\n \n June 27, 2023\n \n , with SCM Ventana Minerals Group, a\n \n Santiago, Chile\n \n based mining Company, as referenced by the press release issued on\n \n June 27th\n \n \n https://vortexmetals.ca/vortex-metals-to-acquire-up-to-an-80-interest-in-compelling-copper-project-in-chile/\n \n .\n \n \n \n Illapel Copper Project Highlights:\n \n \n \n \n Favorable Geology Extends north and south from the Rio 27 Mine,\n \n \n Exploration Permits Obtained for Drilling and Exploration\n \n \n Access to Paved Roads, Power Grid and Water\n \n \n 8,000 Hectare Prospective Land Package\n \n \n Year round drilling\n \n \n Low Elevation- 1500 metres above sea level\n \n \n \n \n Project Overview\n \n \n \n The Illapel Copper Gold project is located in the Commune of Illapel, Choapa Province of the Fourth Region of\n \n Chile\n \n and is 250 km north of\n \n Santiago\n \n . The nearest town is the mining centre of Illapel located 25 kilometres away. Drilling may potentially commence after all regulatory approvals, including the approval from Toronto Venture Stock Exchange (TSXV) have been received.\n \n \n The region surrounding Illapel has seen exten...