Under the direction of Mexican environmental firm Ambiental y Social Servicios Integrales (ASSI), the baseline study will focus on gathering data on 7 land uses as defined by the
This study will provide the basis for an environmental diagnosis that will be presented to the local community as a tool to protect their environment and to the Federal Environmental Office, The Secretariat of Environment and Natural Resources (SEMARNAT), in the form of an EIA study for approval of advanced mineral exploration activities.
Previous mineral exploration activities at the Zaachila project identified significant anomalous copper mineralization followed by a geochemical targeting analysis by world-renowned Volcanogenic Massive Sulfide (VMS) expert and
- Surface copper mineralization occurs along a >5 km trend in stratigraphic horizons adjacent to a trondhjemite complex
- 1.5 x 1 km gravity anomaly is located adjacent to the most persistent and extensive copper-in-rock anomalies
- Pronounced 3 km linear magnetic low is centered directly beneath the most persistent and extensive surface copper mineralization
The mineralized system at Zaachila is classified by Franklin as 'bimodal mafic' – similar to the Noranda Camp (
Project Geologist,
This press release may contain forward looking statements that are made as of the date hereof and are based on current expectations, forecasts and assumptions which involve risks and uncertainties associated with our business including permitting approvals, any private placement financings, the uncertainty as to whether further exploration will result in the target(s) being delineated as a mineral resource, capital expenditures, operating costs, mineral resources, recovery rates, grades and prices, estimated goals, expansion and growth of the business and operations, plans and references to the Company's future successes with its business and the economic environment in which the business operates. All such statements are made pursuant to the 'safe harbour' provisions of, and are intended to be forward-looking statements under, applicable Canadian securities legislation. Any statements contained herein that are statements of historical facts may be deemed to be forward-looking statements. By their nature, forward-looking statements require us to make assumptions and are subject to inherent risks and uncertainties. We caution readers of this news release not to place undue reliance on our forward-looking statements as a number of factors could cause actual results or conditions to differ materially from current expectations. Please refer to the risks set forth in the Company's most recent annual MD&A and the Company's continuous disclosure documents that can be found on SEDAR at www.sedar.com. The Company does not intend, and disclaims any obligation, except as required by law, to update or revise any forward-looking statements whether as a result of new information, future events or otherwise.
Neither the
SOURCE
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