$BMT.CN

Bahia Metals Says Mangueiros Main Project Technical Review Confirms Its Viability

Bahia Metals (BMT.CN) said Monday that a technical review of the Mangueiros Main project in Brazil confirms its viability.Drilling at Mangueiros Main Nickel-Copper-Cobalt-PGM Project confirmed a continuous zone of mineralization extending at least 2,000 meters in strike length and 500 meters wide and 300 meters deep. The review also reinforced management's view that Mangueiros Main includes significant scale potential.Preliminary metallurgical work on mineralization at the Mangueiros Main target was completed in 2023.The company is advancing work toward an initial Mineral Resource Estimate for Mangueiros Main.Bahia Metals shares were last seen unchanged at C$0.36, on the Canadian Securities Exchange.