ALL >> Business >> View Article
Pinheiro Cobaltum Announces The Start Of A New Exploration Project
1888PressRelease - The firm’s exploration team currently conducts borehole geophysical surveys at one of its local cobalt mines.
Pinheiro Cobaltum (ISIN: BREBTPACNER4), an innovative and asset diversified cobalt extraction company focused on delivering growth, cash generation and stakeholder rewards, implementing a unique investment and development strategy, announced the beginning of several borehole geophysical surveys at one of its local cobalt mines in a bid to maximize the resources that are abundantly present in the area. Using borehole geophysics will help to detect a geophysical presence of cobalt mineralization intersected in recent drill holes that the firm can use to initiate future lucrative programs.
Pinheiro Cobaltum is actively pursuing to consolidate its position as a key player in South America’s mining sector, so the company regularly conducts propriety surveys to ensure the maximum efficiency in mineral exploration for future extraction. The newly initiated borehole geophysical surveys are structured as follows:
• Complex surveying will be applied on the site to detect vein extensions ...
... as well as previously unknown veins adjacent that could be targets for future drilling
• Holes to be surveyed include those at the northern vein extension of the main mine where Pinheiro Cobaltum intersected 0.53% Co and 20 g/t Ag over 0.34m in an area previously believed to be empty
• Surveying and data reading should be completed in 5 weeks and results incorporated into the drilling plan
Mr. Marcos Silva, Chief Executive Officer, commented: “This methodology is a very important part of our exploration program to expand our understanding of vein distribution and orientation beyond what is intersected in drill holes. In our sectors this is newly introduced technology as it is widely-used as a technique to find blind metallic vein systems. This is an efficient method of generating important results that can assist with the summer drilling campaign.”
Pinheiro Cobaltum will apply the use of the electromagnetic (EM) method to survey all recently completed drill holes. Electromagnetic study of the area is a measure of conductivity that may be directly related to the quantity of metallic minerals potentially connected within a rock. The system intercepts conductivity in rocks intersected by the drill hole and away from the hole to a distance of approximately 100 meters.
The highly-probable new resources manifested as an extension of veins, as well as other observed veins with metallic minerals that could be considered for future drilling, have been identified by the company through these off-hole conductivity differences. In total, 20 drill holes have been selected for surveying and others may be added if positive results are reported.
About Pinheiro Cobaltum (ISIN: BREBTPACNER4)
Pinheiro Cobaltum is an innovative and asset diversified cobalt extraction company focused on delivering growth, cash generation and stakeholder rewards. The firm’s profitability depends on its proven ability to develop and operate its existing and future properties on a competitive, cost effective basis. Pinheiro Cobaltum recognizes the importance of a safe and healthy work environment and is actively developing and implementing procedures, practices, training, and audit protocols across its operations to ensure the highest standards for its activities.
Business Articles1. Stable Isotope Labeling Market Growth By Application, Type, End User - Forecast 2024
Author: Rosy Wills
2. Peripheral Vascular Devices Market : Future Opportunities, Key Players And Industry Growth
Author: Markets and Markets
3. Never The Mother The Mother Of The Bride But They Were Always Her Daughters
Author: Bisli Event Services
4. Self-care For Ifv: Tips To Improve Your Chances Of Fertility
5. Want Relief From The Polluted Atmosphere And Concerned About Health? Marma Ayurveda's Lungs Ayurvedic Medicine Is Now Just A Click Away
6. Hoovers Database Service Provider Company In Dubai | Dnb Uae
Author: Fahad Santa
7. Venipuncture Procedure Analysis Market Evolving Opportunities With Innovative Ideas By Key Players |2020-2027
8. Wisa Launches Wisa Soundsend Certified Progra
9. Sphygmomanometer/aneroid Bp Monitor Market Facts, Figures And Analytical Insights During Forecast Period 2019 To 2026
10. Hearing Aids Market: Technological Advancements In Hearing Aids
Author: healthcare market
11. Profiling The Audio System Buyer
12. Tout Savoir Sur Le Procédé De L’injection Plastique
Author: L’injection plastique connaît un grand succès depu
13. Infection Prevention Devices Market Growth At A Cagr Of 6.20% In The Forecast Period Of 2019 To 2026
14. Flourescent In Situ Hybridization (fish) Probe Market Share, Industry Trends, Size, Revenue, Demand, Growth Analysis, Top Leaders: Agilent Technologie
15. Know The Advantages Of Using Plastic Pallets
Author: Charles Saranealis