VANCOUVER, BC, June 6, 2022
/PRNewswire/ -- MANTARO PRECIOUS METALS CORP. (TSXV: MNTR)
(OTCQB: MSLVF) (FSE: 9TZ) (the "Company" or "Mantaro") is pleased
to announce that the Peruvian Ministry of Energy and Mines has
approved the Ficha Técnica Ambiental (environmental application)
("FTA") for the exploration of the Santas Gloria Silver Property,
located in Peru.
The FTA is one of the final steps before receiving a permit to
drill Santas Gloria. Mantaro can now apply for final permits
(water use and initiation of activities) for drilling
activities. Assuming the final permits are granted, Mantaro
anticipates that it will be permitted to drill Santas Gloria in
August 2022.
The high-grade Santas Gloria Silver Property is 100% owned by
Mantaro and is comprised of seven mineral concessions totalling
3,272 hectares. There are over 12 strike km of untested veins at
Santas Gloria. Channel sampling of sulphide material in historical
adits returned robust assays of up to >10,000 g/t Ag, 56.3 g/t
Au, 10.3 % Pb and 9.07 % Zn (see news release dated June 2, 2021).
Qualified Person
Dr. Christopher Wilson, Ph. D.,
FAusIMM (CP), FSEG, a Qualified Person under National Instrument
43-101, has reviewed and approved the technical information
contained in this news release.
About Mantaro Precious Metals
Corp.
Mantaro Precious Metals Corp. is a British Columbia company that holds a
diversified portfolio of gold and silver focused mineral properties
in Bolivia and Peru. The Company's holds an option to acquire
up to an 80% interest in the advanced Golden Hill Property
("Golden Hill"), located in
the underexplored, orogenic Bolivia Shield, Bolivia.
The Company also has a 100% interest in the high-grade Santas
Gloria and San Jose Silver Properties in Peru.
Forward-Looking
Statements
Information set forth in this news release contains
forward-looking statements that are based on assumptions as of the
date of this news release. These statements reflect management's
current estimates, beliefs, intentions and expectations. They are
not guarantees of future performance. The Company cautions that all
forward looking statements are inherently uncertain and that actual
performance may be affected by a number of material factors, many
of which are beyond the Company's control. Such factors include,
among other things: risks and uncertainties relating to Company's
limited operating history and the need to comply with environmental
and governmental regulations. Accordingly, actual and future
events, conditions and results may differ materially from the
estimates, beliefs, intentions and expectations expressed or
implied in the forward looking information. Except as required
under applicable securities legislation, the Company undertakes no
obligation to publicly update or revise forward-looking
information.
The forward-looking statements contained in this news release
are made as of the date of this news release. Except as required by
law, the Company disclaims any intention and assumes no obligation
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 Service
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 Mantaro Precious Metals Corp.