Solitario and Nexa to expand zinc exploration in Amazonas from August | economy

Solitario Resources Corp, A junior mining company It is exploring the Pongara zinc deposit (called Cañon de Florida) along with Nexa Resources, with 4,000 meters of drilling planned for mid-August in Amazonas. The company announced that additional drilling may be undertaken in other areas.

Read more At least 37 mining projects worth nearly US$45 billion with no construction start date

As recalled, Nexa Resources signed a social contract that allows exploration until the end of 2025. This paves the way for the completion of road access in favor of local communities.

Read more The sanctions threaten to cut Las Pampas production by 70% and bring it to a complete standstill.

Almost full permissions

The A junior miner It said the permits needed to significantly expand the drilling area in 2024 and beyond are almost complete. This will allow the area to be drilled to be expanded by approximately 500%.

In particular, more than 80 new sites are planned to be drilled in the southern, eastern and southeastern parts of the Cañon de Florida deposit. “It is important to move forward with the project after the significant impacts that Covid-19 has had on our work programs in recent years.Solitaire President and CEO Chris Herold said.

Read more Northern Macroregion has accumulated USD 23,972 million in mining investments, Minem said.

The Cañón de Florida zinc project is a joint venture between Solitario (39%) and Nexa Resources (61%). It has a resource of 2.4 million tonnes with a grade of 10.62% zinc; 1.33% lead and 15 grams per tonne silver, and an additional 14.9 million tonnes grading 9.63% zinc is inferred.

Enjoy your Subscribers Club discounts as many times as you like thanks to your subscription to Admin. More than 300 ads are waiting for you, discover them Here. If you are not yet a subscriber, purchase your plan Here.