Vancouver, British Columbia--(Newsfile Corp. - September 2, 2021) - Battery Mineral Resources Corp. (TSXV: BMR) ("Battery" or "BMR" or the "Company") is pleased to announce encouraging initial drill core assay results from the 2021 exploration and in-fill drill program at the Punitaqui mine complex ("Punitaqui") in Chile. Punitaqui is a recently producing copper and gold mine which is slated for resumption of production mid-2022.
Highlights
- Assay results (see Table 1) have been returned for the first three holes with encouraging results as follows (gold values pending):
- Drillhole SAS-21-05: 9 meters ("m") at 2.06% copper and 20.5 grams per tonne silver ("g/t Ag")
- Drillhole SAS-21-01: 3m grading 1.52% copper and 2.0g/t silver
- Currently, three drills are operating on-site, and a fourth drill will arrive shortly.
- 2,501 meters of diamond core drilling in 14 drill holes have been completed, or are in progress, at San Andres.
- Nine drill holes have reached target depth and six have intersected significant mineralization.
- Samples from eight drill holes have been submitted to ALS for geochemical analysis.
- The San Andres drill program is designed to confirm and extend the resource definition drilling to the north and the south and extend mineralization at depth.
- Recent but historic drilling at Sand Andres reported values including SAS-20-07 which resulted in 2.69% copper over a true width of 15.6 m (see Table 2).
- The San Andres target is one of several historic zones...
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