Tintina Mines Limited Announces 2024 Exploration Plan for the Domeyko Sulfuros Project
16 September 2024 - 9:08PM
Tintina Mines Limited ("Tintina" or the "Company") (TSX: TTS) is
pleased to announce the upcoming 2024 exploration plan for the
company's flagship copper-gold (Cu-Au) Domeyko Sulfuros Project
("Domeyko Project" or the "Project") located in Chile.
Slated to start in September, the program will include
geological mapping, assessment of historical data-sets, targeting,
tridimensional modeling and resources estimation, with the goal to
deliver an updated NI 43-101 technical report by December 2024.
Tintina´s President Juan Enrique Rassmuss commented, “With full
financing secured, this year's program is strategically designed to
integrate all technical data related to the project, consolidating
it into a comprehensive NI 43-101 technical report. This report
will provide the first resource estimate for the project and
establish a solid foundation for subsequent exploration
phases."
Domeyko Sulfuros Project
The Domeyko Sulfuros Project is an exploration property situated
in the Atacama Region of northern Chile. The project encompasses 75
mining concessions, covering an area of 10,056 hectares within the
Dos Amigos mining district.
Strategically positioned 53 kilometers south of Vallenar, the
property offers exceptional accessibility, located just 60
kilometers from the Pacific coast and less than one kilometer from
the Pan-American Highway, and adjacent to the town of Domeyko. This
advantageous positioning significantly enhances its logistical
potential. Its low-altitude setting, combined with excellent
connectivity and access to critical infrastructure such as
electrical power, water, and logistical support, provides
substantial operational advantages.
From 1997 to 2015, the enrichment blanket at the Dos Amigos
target was the focus of open-pit mining operations. During this
period, approximately 12 million tonnes of ore, with copper grades
exceeding 0.85% (predominantly secondary sulfides), were extracted
and processed using heap leaching and solvent
extraction-electrowinning (SX/EW) methods at an on-site facility.
Currently, the primary objective of the Domeyko Sulfuros project is
to evaluate the copper-gold (Cu-Au) porphyry potential, with a
focus on delineating primary Cu-Au resources.
In February 2024, Tintina completed a NI 43-101 Independent
Technical Report for the Domeyko Sulfuros Project (see news release
dated February 15, 2024), providing a comprehensive overview of the
technical characteristics of the property.
2024 Domeyko Work Plan
The work plan aims to deliver a comprehensive and updated NI
43-101 technical report by December 2024. Achieving this milestone
will significantly advance the project's development and lay the
groundwork for future exploration initiatives.
The 2024 work plan will focus on completing the following
tasks:
- Produce a detailed geological map of
the central part of the property with the goal of filling the gaps
between known mineralized areas and identifying new ones.
- Validate the historical
database
- Execute a comprehensive targeting
exercise across the entire project area
- Development of a three-dimensional
model for the Dos Amigos target
- Produce the first mineral resource
estimate for the project.
A key component of the 2024 work plan is conducting an
exploration planning session aimed at refining exploration
strategies, optimizing targeting approaches, and improving drilling
planning. To achieve this, Tintina will adopt an innovative
approach by integrating the geological expertise of our technical
team with cutting-edge technologies, including data-driven machine
learning methods. This combination will enhance our ability to plan
future drill programs and increase the effectiveness of
project-scale exploration.
The 2025 work program will be guided by the outcomes of the
previously outlined tasks.
About Tintina
Tintina Mines is a Canadian-based company with over two decades
of experience in the junior mining sector, focused in the
acquisition, exploration, and development of base and precious
metal properties in South America and Canada.
Recently, Tintina expanded its portfolio with the addition of
five new projects in Chile, following the acquisition of a majority
stake in Andean Belt Resources.
Tintina is committed to advancing the exploration and
development of the copper-gold (Cu-Au) Domeyko Sulfuros Project in
the Atacama Region of northern Chile.
Tintina Mines Limited’s common shares are listed on the TSXV
under the symbol TTS.
Tintina Contact:
Tintina Mines LimitedMr. Jing Peng82 Richmond
Street EastToronto, OntarioM5C 1P1Phone: (416)
848-9888Email: jpeng@marrellisupport.ca
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