These results are only partial and additional significant intervals may be reported from these same holes when complete results are received.Įnvironmental and Social Permitting Activity Sample assay results, reported herein, are from the first thirteen drillholes completed at San Andres (see Table 1 and Table 2 below).
BMR began developing the project immediately by initiating a drilling program, operating as well as environmental permit modifications and engineering studies. Punitaqui was recently acquired by BMR via a private placement equity financing announced on July 13, 2021. Punitaqui Copper Mine Punitaqui is a former producing copper mine located in the Coquimbo region of Chile with an eight-plus year operating history within which it produced up to 25 million pounds of copper in concentrate annually. BMR is determined to provide value growth through cash-flow, exploration and acquisitions in top mining jurisdictions. The recently acquired Punitaqui mine in Chile is slated for resumption of copper production in mid to late-2022.īattery is an investor focused company with high-quality assets providing shareholder exposure to the global mega-trend of electrification via our assets and the commodities they represent - namely cobalt, graphite, lithium and copper.
Cashflow 202 mega update#
( TSXV: BMR) (OTCQB: BTRMF) ("Battery" or "BMR" or the "Company") is pleased to provide an update regarding business activities and outline steps towards potential near term cash generation.