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