Vortex Metals Inc. is excited to announce the initiation of surface geological work at its Riqueza Marina Copper project in Southern Oaxaca, Mexico. The project comprises three mineral concessions spanning a total area of 12,041 hectares. Geologic activities are intended to provide better geologic context for the historical work and the design of a drilling program.
Building upon a decade of previous work conducted by the late David M. Jones, co-founder of Vortex, and his field crew, which included geochemical sampling and geophysics (as outlined in the Company’s NI 43-101 report filed on Sedar), Vortex has identified five highly prospective copper mineralization targets at Riqueza Marina.
Following the recent community approval granted on April 19th, 2023, by the community of Santa Cruz Tagolaba, Vortex Metals is now able to commence a surface geological work, including trenching, over a large area encompassing one of the critical target areas known as the “Rhyolite Dome”. This comprehensive investigation aims to enhance the understanding of the gravity and magnetic surveys previously conducted, which revealed a significant geophysical anomaly adjacent to a rhyolitic dome. The Rhyolite Dome has been prioritized as a drilling target due to its substantial size and coincident magnetic and gravity highs along with anomalous copper values (see figure) interpreted to reflect a concealed sulfide deposit.
Vortex Metals remains committed to upholding responsible and sustainable practices, emphasizing environmental stewardship and community engagement.
Vikas Ranjan, Chief Executive Officer of Vortex Metals, expressed his enthusiasm, stating, “The commencement of our surface geologic studies at and around the Rhyolite Dome target marks a pivotal milestone for Vortex, enabling us to gain a more profound understanding of the area in preparation for drilling permits.” He added “The approval to conduct surface geological work is a result of continuous engagement with local communities and their leadership. This step will further enhance Company’s engagement with local communities as the stated work will result in hiring local resources, further serving the communities.”
Qualified Person / Quality Control and Quality Assurance
Robert Johansing, M.Sc. Econ. Geol., 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.