Mantaro Precious Metals Corp. Receives Key Environmental Approval for Santas Gloria Silver Property
Mantaro Precious Metals Corp. (OTCQB: MSLVF) has received approval from the Peruvian Ministry of Energy and Mines for the environmental application (FTA) related to its Santas Gloria Silver Property. This approval is critical as it allows Mantaro to now apply for final drilling permits, expected to be obtained by August 2022. The Santas Gloria property, covering 3,272 hectares, is entirely owned by Mantaro and boasts high-grade silver, gold, lead, and zinc. Previous channel sampling indicated silver assays exceeding 10,000 g/t.
- Approval of environmental application (FTA) for Santas Gloria Silver Property.
- Ability to apply for final drilling permits, enhancing exploration potential.
- Presence of high-grade silver and other minerals in Santas Gloria.
- None.
VANCOUVER, BC, June 6, 2022 /PRNewswire/ -- MANTARO PRECIOUS METALS CORP. (TSXV: MNTR) (OTCQB: MSLVF) (FSE: 9TZ) (the "Company" or "Mantaro") is pleased to announce that the Peruvian Ministry of Energy and Mines has approved the Ficha Técnica Ambiental (environmental application) ("FTA") for the exploration of the Santas Gloria Silver Property, located in Peru.
The FTA is one of the final steps before receiving a permit to drill Santas Gloria. Mantaro can now apply for final permits (water use and initiation of activities) for drilling activities. Assuming the final permits are granted, Mantaro anticipates that it will be permitted to drill Santas Gloria in August 2022.
The high-grade Santas Gloria Silver Property is
Dr. Christopher Wilson, Ph. D., FAusIMM (CP), FSEG, a Qualified Person under National Instrument 43-101, has reviewed and approved the technical information contained in this news release.
Mantaro Precious Metals Corp. is a British Columbia company that holds a diversified portfolio of gold and silver focused mineral properties in Bolivia and Peru. The Company's holds an option to acquire up to an
The Company also has a
Information set forth in this news release contains forward-looking statements that are based on assumptions as of the date of this news release. These statements reflect management's current estimates, beliefs, intentions and expectations. They are not guarantees of future performance. The Company cautions that all forward looking statements are inherently uncertain and that actual performance may be affected by a number of material factors, many of which are beyond the Company's control. Such factors include, among other things: risks and uncertainties relating to Company's limited operating history and the need to comply with environmental and governmental regulations. Accordingly, actual and future events, conditions and results may differ materially from the estimates, beliefs, intentions and expectations expressed or implied in the forward looking information. Except as required under applicable securities legislation, the Company undertakes no obligation to publicly update or revise forward-looking information.
The forward-looking statements contained in this news release are made as of the date of this news release. Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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SOURCE Mantaro Precious Metals Corp.
FAQ
What is the significance of the FTA approval by Mantaro Precious Metals?
When does Mantaro expect to start drilling at Santas Gloria?
What are the key mineral grades found at Santas Gloria?
What is the total size of the Santas Gloria Silver Property?
