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Project: | Telamayu | |
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Deposit: | Telamayu | |
Location: | Bolivia | |
Commodities: | Gold-Silver-Tin-Copper | |
Date: | 2/21/2017 | |
Report Code: | NI43-101 | |
Report Type: | Exploration/Drilling Update | |
Project Stage: | Pursuing Resources Definition | |
Report details: | 21-2-2017: BacTech Environmental Corp. announces an Exploration/Drilling Update report for its Telamayu deposit at the Telamayu project. JV - Drilling results incl. 11.60m @ 0.26g/t Au, 504.87g/t Ag, 1.56% Sn, 1.75% Cu from 0.5m. BacTech Environmental Cor | |
Resources: | x | |
CP/QP: | [Overall Report]: Kamil Khobzi (Not Stated) | |
ABSTRACT: | BacTech Environmental Corporation (“BacTech” or the “Company”), (CSE: BAC, OTC Pink: BCCEF) today announced the results of the first 47 samples (35 routines and 12 control samples) from 3 holes drilled on a 60-hole drill program (approximately 600 m in total) at the Company’s joint venture SilverCopper-Tin tailings remediation project at Telamayu, Bolivia. The purpose of the program is to verify earlier work carried out by BacTech’s partner, Mining Corporation of Bolivia (“COMIBOL”), the Bolivian state mining company, and to provide material for upcoming metallurgical work. Additional results will be released in batches over the next few weeks. Telamayu is an historic mill town situated next to Atocha, Bolivia. Over the past 80 years, the mill has treated material from 2 local mines (Tasna and Animas). The tailings from the mill make up the Antigua tailings, the subject of these assays, and the much larger Nuevo tailings. Previously, COMIBOL engaged individuals to dig test holes on the tailings (five wells of 1.5mx 1.5mx10m) with bulk samples taken every meter as well as channel samples. The test holes showed a tin grade of 0.97% and a silver content of 408 g/t. BacTech is conducting a tailing evaluation program with approximately 60 holes to be drilled with the Vibracore system with systematic core sampling meter by meter. At present, 65% of the drilling program has been completed and approximately 600 core samples were sent in for chemical analysis. The sampling results from this drill program will be the underpinning of a resource estimation following the guidelines established by Canadian National Instrument 43-101 reporting. Once the drilling program has been completed, the Company will immediately begin metallurgical test work to determine the appropriate method for metal recovery. A complete NI 43-101 Preliminary Economic Assessment ("PEA") will then be completed. | |
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