Vortex Metals Announces Geophysics Results & Exploration Plans
Vortex Metals (VMSSF) has announced results from down-hole/borehole geophysics at its Illapel Copper Project in Chile. The survey, completed on February 1st, 2025, in drill hole DVM-08, reached a depth of 247m and measured various parameters including gamma radiation, resistivity, and temperature.
The results confirmed that: 1) sulphide mineralization responds to electrical geophysical methods, 2) mineralization extends beyond the drill hole over significant widths, and 3) additional drilling is justified to locate a larger, high-grade lens. The contractor GEODATOS identified six sections potentially containing sulphide bodies.
The company plans to:
- Confirm additional drill targets near DVM-08
- Conduct further drilling 2km north of Rio 27 mine
- Initialize mapping and sampling in the northeastern concession area
- Verify copper grades in DVM-08 intercepts
Vortex Metals (VMSSF) ha annunciato i risultati della geofisica in foro di sondaggio presso il suo Progetto Rame di Illapel in Cile. Il sondaggio, completato il 1° febbraio 2025, nel foro di perforazione DVM-08, ha raggiunto una profondità di 247m e ha misurato vari parametri tra cui radiazione gamma, resistività e temperatura.
I risultati hanno confermato che: 1) la mineralizzazione solfurea risponde ai metodi geofisici elettrici, 2) la mineralizzazione si estende oltre il foro di perforazione su larghezze significative e 3) è giustificata ulteriore perforazione per localizzare un corpo minerario più grande e ad alta legge. Il contraente GEODATOS ha identificato sei sezioni potenzialmente contenenti corpi solfurei.
L'azienda prevede di:
- Confermare ulteriori obiettivi di perforazione vicino a DVM-08
- Eseguire ulteriori perforazioni 2 km a nord della miniera Rio 27
- Iniziare mappatura e campionamento nell'area di concessione nordorientale
- Verificare i gradi di rame negli intercetti di DVM-08
Vortex Metals (VMSSF) ha anunciado los resultados de la geofísica en pozo de perforación en su Proyecto de Cobre Illapel en Chile. La encuesta, completada el 1 de febrero de 2025, en el pozo DVM-08, alcanzó una profundidad de 247m y midió varios parámetros, incluyendo radiación gamma, resistividad y temperatura.
Los resultados confirmaron que: 1) la mineralización de sulfuros responde a métodos geofísicos eléctricos, 2) la mineralización se extiende más allá del pozo de perforación en anchos significativos y 3) se justifica una perforación adicional para localizar un cuerpo mineral más grande y de alta ley. El contratista GEODATOS identificó seis secciones que potencialmente contienen cuerpos de sulfuros.
La empresa planea:
- Confirmar objetivos de perforación adicionales cerca de DVM-08
- Realizar más perforaciones 2 km al norte de la mina Rio 27
- Iniciar mapeo y muestreo en el área de concesión noreste
- Verificar las leyes de cobre en los interceptos de DVM-08
Vortex Metals (VMSSF)는 칠레의 일라펠 구리 프로젝트에서 시추공/보어홀 지구물리학 결과를 발표했습니다. 2025년 2월 1일에 완료된 이 조사는 DVM-08 시추공에서 247m 깊이에 도달했으며 감마 방사선, 저항률 및 온도를 포함한 다양한 매개변수를 측정했습니다.
결과는 다음을 확인했습니다: 1) 황화물 광물화가 전기 지구물리학 방법에 반응한다, 2) 광물화가 시추공을 넘어 상당한 폭으로 확장된다, 3) 더 큰 고품질 렌즈를 찾기 위해 추가 시추가 정당화된다. 계약자 GEODATOS는 황화물 체가 잠재적으로 포함된 여섯 개 구역을 확인했습니다.
회사는 다음을 계획하고 있습니다:
- DVM-08 근처의 추가 시추 목표 확인
- 리오 27 광산에서 북쪽으로 2km 떨어진 곳에 추가 시추 실시
- 북동쪽 양허 지역에서 매핑 및 샘플링 시작
- DVM-08 교차점에서 구리 함량 확인
Vortex Metals (VMSSF) a annoncé les résultats de la géophysique en forage dans son Projet Cuivre d'Illapel au Chili. L'enquête, achevée le 1er février 2025, dans le trou de forage DVM-08, a atteint une profondeur de 247 m et a mesuré divers paramètres, y compris la radiation gamma, la résistivité et la température.
Les résultats ont confirmé que : 1) la minéralisation sulfurée réagit aux méthodes géophysiques électriques, 2) la minéralisation s'étend au-delà du trou de forage sur des largeurs significatives et 3) un forage supplémentaire est justifié pour localiser un corps minier plus grand et de haute qualité. Le contractant GEODATOS a identifié six sections contenant potentiellement des corps sulfurés.
L'entreprise prévoit de :
- Confirmer des cibles de forage supplémentaires près de DVM-08
- Effectuer d'autres forages à 2 km au nord de la mine Rio 27
- Initier la cartographie et l'échantillonnage dans la zone de concession nord-est
- Vérifier les teneurs en cuivre dans les interceptions de DVM-08
Vortex Metals (VMSSF) hat die Ergebnisse der Bohrlochgeophysik bei seinem Illapel Kupferprojekt in Chile bekannt gegeben. Die Untersuchung, die am 1. Februar 2025 im Bohrloch DVM-08 abgeschlossen wurde, erreichte eine Tiefe von 247 m und maß verschiedene Parameter, einschließlich Gammastrahlung, Widerstand und Temperatur.
Die Ergebnisse bestätigten, dass: 1) Sulfidmineralisierung auf elektrische geophysikalische Methoden reagiert, 2) die Mineralisierung sich über das Bohrloch hinaus über signifikante Breiten erstreckt und 3) zusätzliche Bohrungen gerechtfertigt sind, um eine größere, hochgradige Linse zu finden. Der Auftragnehmer GEODATOS identifizierte sechs Abschnitte, die potenziell Sulfidkörper enthalten.
Das Unternehmen plant:
- Zusätzliche Bohrziele in der Nähe von DVM-08 zu bestätigen
- Weitere Bohrungen 2 km nördlich der Mine Rio 27 durchzuführen
- Kartierung und Probenahme im nordöstlichen Konzessionsgebiet zu initiieren
- Die Kupfergehalte in den DVM-08-Interzepten zu überprüfen
- Geophysics confirms sulphide mineralization extends beyond initial drill hole
- Six potential sections of sulphide bodies identified
- 60cm high-grade copper sulphide mineralization intercepted
- Additional high-grade copper mineralization found 2km north of Rio 27 mine
- Exact extent of mineralization remains undetermined
- Additional drilling required to confirm commercial viability
Vancouver, British Columbia--(Newsfile Corp. - February 26, 2025) - Vortex Metals Inc. (TSXV: VMS) (FSE: DM8) (OTCQB: VMSSF) ("Vortex" or the "Company") is pleased to announce that it has received results from the recently concluded down-hole/borehole geophysics using the hole DVM-08 at the Illapel Copper Project located near Illapel, Chile.
On February 1st, 2025, Vortex completed borehole geophysical logging of drill hole DVM-08. The entire hole was open, and surveyed to 247m depth for gamma radiation, "short" and "long" resistivity, resistance, spontaneous potential, and temperature.
As announced in a previous communication, drill hole DVM-08 is located just north of, and along strike from, the Rio 27 mine, and intersected multiple zones of sulphides, including 60cm of high-grade copper sulphide mineralization. As reported earlier, this intercept may represent the edges or borders of a larger manto-style lens, and a program of down-hole electromagnetic geophysics was undertaken to test for lateral extensions away from the hole.
Results from the down-hole/borehole survey confirm the following key findings:
- The sulphide mineralization is responsive to electrical geophysical methods (i.e., resistivity and resistance);
- The sulphide mineralization extends to some indeterminate distance away from the drill hole over significant widths; and
- There is sufficient justification for additional drilling in the area to locate a larger, high-grade lens.
Specifically, the geophysical contractor, GEODATOS (of Chile) identified six sections that may reflect lenses of sulphide mineralization, as shown in Table 1.
Table 1. Interpretation of drill hole intercepts with sections reflecting sulphide bodies based on electrical borehole logging of Drill Hole 08.
Section | Intercept (m) | Thickness (m) |
1 | 51-58 | 7 |
2 | 63-75 | 12 |
3 | 92-99 | 7 |
4 | 110-122 | 12 |
5 | 136-144 | 8 |
6 | 185-193 | 8 |
"The initial down-hole geophysics results are very encouraging and have strengthened our expectation that mineralization continues along trend from the currently operating Rio 27 mine. It is also encouraging to see convincing evidence of low resistivity near hole DMV-08, which further suggests that lenses of mineralized bodies may exist in proximity to hole DVM-08, and further drilling is warranted in the area; as stated by Vikas Ranjan, President, Co-Founder and CEO."
Plans are now underway to confirm additional drill targets in the vicinity of Drill Hole DVM-08.
In addition, further drilling is planned for an area of high-grade copper mineralization at artisanal mining prospects located approximately 2km to the north of the Rio 27 mine in an area where the favourable structure and stratigraphy have been identified.
Finally, plans are underway to mount an initial campaign of mapping, prospecting, and sampling in the northeastern portion of the concession package where IOCG or intrusion-related mineralization has been reported. Additionally, sampling will be done in drill hole DVM-08 to verify the copper grades of the intercepts with sulfides.
Qualified Person / Quality Assurance and Quality Control (QAQC)
Juan Carlos Fernández, P. Geo., is a qualified person ("QP") as defined by NI 43-101 and has reviewed and approved the technical content of this press release.
About Vortex Metals Inc.
Vortex Metals Inc. is a copper focused exploration and development company with a diversified portfolio of exploration projects in Chile and Mexico. Vortex holds an option to acquire up to
For further information regarding this press release contact:
Vikas Ranjan,
Chief Executive Officer and Director
Email: vranjan@vortexmetals.ca
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 several 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.sedarplus.ca . 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.
The Company cautions that mineralization on, or production from, neighbouring properties is no guarantee of the existence of similar mineralization or a guarantee of future production from the Illapel Project.
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.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/242412
FAQ
What did the geophysics results reveal about VMSSF's Illapel Copper Project?
Where is VMSSF planning additional drilling operations in 2025?
What was the depth and date of VMSSF's recent geophysical survey?