Vortex Metal';s Secures Community Approval for VMS Copper-Gold Zaachila Project
- Vortex Metals Inc. granted authorization by Santiago Astata Agrarian Community in Oaxaca, Mexico for mineral exploration activities.
- Activities include geological reconnaissance, drilling holes, sampling of sediments, soils rocks, and core, as well as the rehabilitation of roads and trails.
- Formation of an environmental monitoring committee with community participation to ensure environmental protection throughout the exploration program.
- Completion of Environment Impact Assessment (EIA) study on Zaachila project and community approval obtained.
- Plans to submit application to SEMARNAT for obtaining necessary drill permits on Zaachila project.
- Strong foundation built with local communities to advance the exploration project, led by community relations consultant Jorge Mario Rios.
- CEO Vikas Ranjan emphasizes commitment to transparent communication, environmental stewardship, and fostering beneficial relationships with local communities.
- Determination to explore and potentially discover a new copper-gold VMS belt in Oaxaca, Mexico.
- None.
Furthermore, the company has committed to forming an environmental monitoring committee with active community participation to oversee the activities and ensure environmental protection throughout the exploration program.
This is a significant achievement as it marks a major step forward towards securing the drill permits on
Led by Jorge Mario Rios, the community relations consultant, the Company has been working with local communities for over a year to build a strong foundation based on mutual confidence to advance the exploration project.
"We are grateful for the trust placed in us by the Santiago Astata Agrarian Community," commented CEO Vikas Ranjan, "This authorization reflects our commitment to transparent communication, environmental stewardship, and fostering mutually beneficial relationships with local communities. We are determined to advancing the exploration and potential discovery of an entirely new copper-gold Volcanogenic Massive Sulphide (VMS) belt in the state of
Vortex Metals Inc. is the parent company of Mexican subsidiary Empresa Minera Acagold, S.A. de C.V., which is the owner of a
Forward-Looking Statements
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 TSX Venture Exchange nor its Regulation Services 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 Vortex Metals
FAQ
What milestone did Vortex Metals Inc. achieve in Oaxaca, Mexico?
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