Vortex Metals Completes Environmental Study at Zaachila Copper Project
Vortex Metals Completes Environmental Study at Zaachila
Copper Project
VANCOUVER, BC
,
Sept. 6, 2023
/CNW/ - Vortex Metals Inc. (TSXV: VMS) (FSE: DM8) (OTC: VMSSF) ("Vortex" or the "Company")
is pleased to announce the successful completion of the environmental study at its
Zaachila
copper project in the state of
Oaxaca,
Mexico
. This achievement represents a pivotal milestone in the project's responsible advancement.
In
May 2023
, Vortex Metals initiated comprehensive environmental and surface geological studies at the
Zaachila
copper project as
part of its commitment to sustainable exploration. Guided by Ambiental y Social Servicios Integrales (ASSI), a respected Mexican
environmental firm, the study involved a team of 10 environmental specialists and local field assistants that collected crucial biological
data across 500 hectares. Additional geological data has also been collected by Vortex geologists to support the location of
proposed drill sites, environmental mitigation and subsequent reclamation.
The outcomes of the now-completed study will form the basis of an Environmental Impact Assessment (EIA) report, to be submitted
to the Federal Environmental Office, SEMARNAT. This report will support Vortex Metals' application for advanced mineral exploration
activities, including drilling, as it advances its pursuit of high-grade copper targets identified in earlier geochemical targeting analyses.
This achievement was made possible through the support of the surrounding community, following a general assembly meeting where
approval was granted for the study. The study's findings will play a significant role in safeguarding the local environment and fostering
mutual benefits for both the community and Vortex Metals.
Vikas Ranjan
, Chief Executive Officer of VMS, expressed his satisfaction, stating, "The completion of the environmental study at the
Zaachila
project underscores Vortex's commitment to responsible exploration and environmental stewardship. With the endorsement
of local stakeholders, this achievement brings us closer to realizing the full potential of the project through the potential discovery of
high-grade copper targets, and further solidifies our dedication to sustainable practices."
About Vortex Metals Inc.
Vortex Metals Inc. is the parent company of Mexican subsidiary Empresa Minera Acagold, S.A. de C.V., which is the owner of a
100% interest in two drill-ready high-potential copper volcanogenic massive sulfide (VMS) properties (
Riqueza Marina
and
Zaachila
)
in the state of
Oaxaca
, and a third high-potential gold property (El Rescate) in the state of
Puebla
. The
Oaxaca
projects incorporate
the most highly prospective areas of high-grade copper mineralized surface exposures ('gossans') and prominent gravity anomalies
along an emerging copper VMS belt that includes Minaurum Gold's (TSXV:MGG)
Santa Marta
project.
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
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For further information:
Vikas Ranjan, Chief Executive Officer and Director, Email: [email protected], Phone: 416-605-7024
CO: Vortex Metals
CNW 07:00e 06-SEP-23