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Bullboard - Stock Discussion Forum BeMetals Corp V.BMET

Alternate Symbol(s):  BMTLF

BeMetals Corp. is a Canada-based base and precious metals exploration and development company. The Company has an option agreement to acquire a majority interest in the Pangeni Copper Project in Zambia (the Pangeni Copper Project or Pangeni) and a portfolio of wholly owned gold projects in Japan (the Kazan Gold Projects). The Pangeni Project is located on the western extension of the prolific... see more

TSXV:BMET - Post Discussion

BeMetals Corp > News out this morning
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Post by loonietunes on Jun 29, 2022 9:46am

News out this morning

BeMetals Commences 2022 Aircore Drilling Program at Pangeni Copper Project
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Vancouver, British Columbia – 29/06/2022 – BeMetals Corp. (TSX.V: BMET | OTCQB: BMTLF | Frankfurt: 1OI.F) (the “Company” or “BeMetals”) is pleased to announce the commencement of the 2022 exploration campaign at the Pangeni Copper Project (Pangeni” or the “Project” or the “Property”) located on the western extension of the Central African Copperbelt in Zambia (the “Zambian Copperbelt”). The primary objective for this year’s exploration program is to follow up with testing and extending the Q-Prospect area where last year’s diamond drilling program intersected 4.14 metres grading 0.62% copper in hole Q3-C1 importantly hosted in interpreted Katangan Supergroup sediments.
 
HIGHLIGHTS OF THE PLANNED 2022 PANGENI AIRCORE AND CORE DRILLING CAMPAIGN:
  • Field crews have been mobilized to the Pangeni Property and this year’s exploration campaign has commenced with a planned program of 4,000 metres of shallow aircore drilling and 1,400 metres of diamond drilling to scope the scale potential of the Q and D prospects and test other targets with a similar setting to the Q-Prospect (P & G Targets)
  • Drilling is to follow up on encouraging copper intersections made in 2021 at the Q and D prospects which included:
    • Q-Target: Drill Hole Q3-C1 intersected 4.14 metres grading 0.62% copper (“Cu”)
      • Including: 1.30 metres grading 1.10% Cu
    • D-Prospect: Drill Hole D7-C1 intersected 5.00 metres grading 0.58% Cu
    • D-Prospect: Drill Hole D7-C2 intersected 3.37 metres grading 0.51% Cu
      • And also: intersected 6.00 metres grading 0.39% Cu
Note: Intertek Genalysis completed the analytical work with the core samples processed at their preparation facility in Kitwe, Zambia. All analytical procedures were conducted in an Intertek Genalysis laboratory in Australia. Reported widths are drilled core lengths as true widths are unknown at this time. Based upon current data it is estimated true widths range between 80 to 90% of the drilled intersections.
CLICK TO READ THE FULL RELEASE HERE
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