Announcement Date: 2022-04-26
Announcement Type: Drilling Results
Announcement Code: NI43-101
Company name: Battery Mineral Resources Ltd.
Project name: Punitaqui
Location: Chile
Commodities: Silver,Copper
Highlight: Drilling results incl. 34.1m @ 1.35% Cu, 4.9g/t Ag from 104.0m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Vancouver, British Columbia – (April 26, 2022) – Battery Mineral Resources Corp. (TSXV: BMR) (OTCQB: BTRMF) (“Battery” or “BMR” or the “Company”) is extremely pleased to announce encouraging drill core assay results from the ongoing 2021 – 2022 exploration and infill drill program focused on extensions of the Cinabrio orebody, the Dalmacia target and San Andres target within the Punitaqui mine complex (“Punitaqui”) in Chile. These drilling results continue to highlight the strong copper grades and the growing vertical extent of the Cinabrio Norte target. Punitaqui is slated for resumption of copper concentrate production in Q4-2022. The Cinabrio Norte target represents a potential northern extension of the main Cinabrio mine orebody, which historically was the primary source of ore feed to the Punitaqui copper ore concentration plant for eight-plus years (see Figure 1). The Cinabrio Norte phase 1 drill testing will continue to follow-up on a limited number of historic drillholes that targeted the northern extension of the Cinabrio orebody. The historic exploration drilling confirmed that the favorable targeted stratigraphic unit (“TSU”) that hosts the copper mineralization within the Cinabrio orebody extends to the north.
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