Punitaqui’s identified deposits are a part of a 25 kilometre-long mineralized district that could be a basic IOCG and mantos-style copper belt that contains mantos and structural managed copper-gold-silver veins.
The Dalmacia goal has underground mining entry, partially delineated mineralized zones and is focused as a possible new supply of ore feed to the Punitaqui ore focus plant.
At Dalmacia, a complete of 6,504 meters in 33 holes have been accomplished and drilling continues. New assay outcomes embrace DS-21-08: 102 meters grading 1.41% Cu) together with 78m at 1.67% Cu and 16m at 3.52% Cu; DS-21-11: 24m at 1.04% Cu together with 6m at 1.95% Cu; DS-21-12: 11m at 0.82% Cu; DS-21-13: 18m at 1.61% Cu and 12m at 2.13% Cu; DS-21-14: 15m at 1.16% Cu and 9m at 1.53% Cu; DS-21-16: 8m at 5.29% Cu and 8m at 3.53% Cu.
4 diamond drills are in operation at Punitaqui – two drills at Dalmacia and two drills at Cinabrio Norte. At San Andres, the Section 1 program resulted within the completion of 8,156m of drilling in 38 holes. All samples have been dispatched for evaluation with assay outcomes pending for the ultimate six holes, the corporate mentioned.
“These drilling outcomes, notably from our Dalmacia goal, are much better than anticipated, CEO; 102 meters of 1.41 p.c copper is an impressive consequence as we proceed piece collectively this untapped space of Punitaqui,” CEO Martin Kostuik mentioned in a press launch.
“We’re very happy with the progress of the Dalmacia drill program which is shaping as much as give Dalmacia sturdy potential to be a major contributor to the way forward for the Punitaqui mine.”
Punitaqui is slated for resumption of copper focus manufacturing in mid to late-2022.
Battery Minerals Assets’ inventory was up 4.46% at market shut in Toronto. The corporate has a $75 million market capitalization.