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Windfall Geotek Engaged to assist in identifying drill targets on the Victoria Property in Newfoundland

Windfall Geotek Engaged to assist in identifying drill targets on the Victoria Property in Newfoundland

意外之財Geotek受僱協助識別紐芬蘭維多利亞地產的鑽探目標
GlobeNewswire ·  2021/11/19 05:46

VANCOUVER, British Columbia, Nov. 18, 2021 (GLOBE NEWSWIRE) -- Xali Gold Corp. (TSXV:XGC) ("Xali Gold" and/or the "Company") is pleased to announce that the Company has agreed to terms for a Services Contract ("Contract") with Windfall Geotek Inc. (TSX-V: WIN, OTCQB: WINKF, FSE: L7C2) for them to use their digital exploration technology tools to assist Xali Gold in delineating potential drill targets on the Victoria Property in Newfoundland. 

温哥華,不列顛哥倫比亞省,2021年11月18日(環球通訊社)--夏利黃金公司(多倫多證券交易所股票代碼:XGC)(以下簡稱“夏利黃金”和/或“公司”)高興地宣佈,該公司已同意與意外之財Geotek Inc.(多倫多證券交易所股票代碼:WIN,OTCQB:WINKF,法蘭克福證券交易所股票代碼:L7C2)簽訂服務合同(“合同”)的條款,以便他們使用數字勘探技術工具來幫助夏利黃金劃定界線。

Windfall Geotek's Artificial Intelligence ("AI") targeting technology analyzes all geological data to generate the highest probability targets and has been successful in assisting in many gold discoveries in Canada and elsewhere internationally. Windfall Geotek's AI targeting technology has contributed to gold discoveries on numerous projects, in several areas including: Lebel Gold Project, Metanor-Bachelor Lake Mine Area, Azimuth Elemer Gold Property, SGH S.A.'s Faille B property in Haiti and several others.

意外之財Geotek的人工智能(“AI”)目標定位技術分析所有地質數據以生成最高概率的目標,並已成功協助加拿大和國際上其他地區的許多金礦發現。意外之財Geotek的人工智能定位技術已在多個項目中發現了金礦,這些項目包括:Lebel Gold Project、Metanor-Blander Lake礦區、Azimuth Elemer Gold Property、SGH S.A.在海地的Faille B Property以及其他幾個項目。

Windfall Geotek will initially review all available data on and around the Victoria Property and based on their findings, the two companies would then move forward under the terms of the Contract which provides for remuneration to Windfall Geotek of staged payments in shares and cash totalling a value of up to $150,000. Xali Gold also plans to engage Windfall Geotek to review Xali Gold's El Oro and other properties in Mexico where their technology is expected to assist in exploration and drill targeting.

意外之財Geotek將初步審查維多利亞地產及其周圍的所有現有數據,然後根據他們的調查結果,兩家公司將根據合同條款向前推進,該合同條款規定,向Geotek支付價值高達15萬美元的分階段股票和現金支付的報酬。哈利黃金還計劃聘請意外之財Geotek審查哈利黃金在墨西哥的El Oro和其他資產,預計他們的技術將有助於勘探和鑽探目標。

Xali Gold's Victoria Property is located between Marathon Gold's Valentine Gold Project and Tru Precious Metal Corp.'s Golden Rose Property (see Newfoundland Map). Marathon, just 3 kilometres northeast of the Victoria Property, has defined (Measured and Indicated) reserves of 3.14 million ounces ("Moz") gold and Inferred resources of 1.00 Moz (https://marathon-gold.com/valentine-gold-project/). Tru Precious Metals is currently drilling and has reported visible gold in drill core on their Golden Rose Property. *There are no assurances that similar results would be obtained on Xali Gold's Victoria Property.

Xali Gold的維多利亞礦產位於Marathon Gold的瓦倫丁金礦項目和Tru貴金屬公司的金玫瑰礦產(見紐芬蘭地圖)之間,馬拉鬆黃金位於維多利亞礦產東北3公里處,已探明(測量和指示)黃金儲量314萬盎司(“Moz”),推斷資源量為1.00Moz(https://marathon-gold.com/valentine-gold-project/).Tru貴金屬,目前正在鑽探,據報道他們的金玫瑰礦產鑽芯中可見金。*不能保證哈利黃金的維多利亞地產也會得到類似的結果。

Twenty rock chip samples were submitted in late September to Eastern Analytical Ltd in Springdale, Newfoundland for 34 element Inductively Coupled Plasma analysis ("ICP") and Fire Assay for gold. Results are expected to be received by the end of November. These results will be added to the data to be reviewed by Windfall Geotek to assist us in planning upcoming exploration programs.

20個巖屑樣本於9月下旬提交給位於紐芬蘭斯普林代爾的East Analytical Ltd,用於34種元素的電感耦合等離子體(ICP)分析和金的火焰分析。預計11月底將收到結果。這些結果將被添加到意外之財Geotek將審查的數據中,以幫助我們規劃即將到來的勘探計劃。

For more information about the Victoria Property, please see News Releases 097, 098 and 102 dated July 14, 2021, August 4, 2021 and October 5th, 2021.

有關維多利亞地產的更多信息,請參閲日期為2021年7月14日、2021年8月4日和2021年10月5日的新聞稿097、098和102。

On another matter, the Company advises it has entered into a market-making agreement with Independent Trading Group ("ITG") pursuant to which ITG has agreed to provide market-making services to the Company in accordance with the policies of the TSX Venture Exchange (the "TSXV") and applicable laws.

就另一事項而言,本公司告知其已與獨立交易集團(“ITG”)訂立莊家協議,據此ITG已同意根據多倫多證券交易所創業板(“TSXV”)的政策及適用法律向本公司提供做市服務。

ITG will trade the securities of the Company on the TSXV for the purposes of maintaining an orderly market and improving the liquidity of the Company's common shares. None of ITG nor its affiliates or associates has any interest directly or indirectly in the Company or its securities, or any right or intent to acquire such an interest.

ITG將在多倫多證券交易所交易本公司的證券,以維持市場秩序,提高本公司普通股的流動性。ITG及其聯屬公司或聯營公司並無直接或間接在本公司或其證券中擁有任何權益,亦無任何權利或意圖收購該等權益。

In consideration of the services provided by ITG, the Company will pay ITG a monthly cash fee of $5,000 for a minimum term of three months, which will automatically extend for successive one-month terms unless terminated by either party on thirty days' prior notice. The services provided by ITG commenced on November 12, 2021. ITG will not receive shares or other securities as compensation. The capital used for market making will be provided by ITG.

考慮到ITG提供的服務,本公司將向ITG支付每月5,000美元的現金費用,最短期限為3個月,除非任何一方提前30天通知終止,否則這筆費用將自動連續延長一個月。ITG於2021年11月12日開始提供服務。ITG將不會獲得股票或其他證券作為補償。用於做市的資金將由ITG提供。

About Independent Trading Group

關於獨立貿易集團

ITG is Canada's only brokerage firm dedicated specifically to professional trading. As Canada's foremost Market Making Firm, ITG provides Market Making and Liquidity Provider services that are objective and focused. With its head office in Toronto, ITG employs real traders and provides real liquidity, with an underlying emphasis on integrity and success.

ITG是加拿大唯一一家專門從事專業交易的經紀公司。作為加拿大首屈一指的做市公司,ITG提供客觀和專注的做市和流動性提供者服務。ITG總部設在多倫多,僱用真正的交易員,提供真正的流動性,根本上強調誠信和成功。

About Xali Gold

關於夏利黃金

Xali Gold has launched a comprehensive growth strategy to acquire gold and silver projects with near surface exploration potential, near-term production potential and previous mining histories. Xali Gold plans to advance our growing bank of gold and silver assets internally and/or with industry partners.

夏利黃金已啟動全面增長戰略,收購具有近地表勘探潛力、近期生產潛力和以往開採歷史的金銀項目。夏利黃金計劃在內部和/或與行業合作伙伴推進我們不斷增長的黃金和白銀資產銀行。

El Oro remains our flagship asset, as it is a district scale gold project encompassing a well-known prolific high-grade gold-silver epithermal vein system in Mexico. The project covers 20 veins with past production and more than 57 veins in total, from which approximately 6.4 million ounces of gold and 74 million ounces of silver were reported to have been produced from just two of these veins (Ref. Mexico Geological Service Bulletin No. 37, Mining of the El Oro and Tlapujahua Districts. 1920, T. Flores*). Modern understanding of such systems indicates that several of the El Oro district's veins hold excellent discovery potential.

El Oro仍然是我們的旗艦資產,因為它是一個地區規模的金礦項目,包括墨西哥著名的多產高品位金銀淺成熱液礦脈系統。該項目覆蓋了20個過去生產過的礦脈,總共超過57個礦脈,據報道,僅其中兩個礦脈就生產了大約640萬盎司黃金和7400萬盎司白銀。(參考文獻)墨西哥地質局第37號公報,埃爾奧羅區和特拉普賈瓦區的採礦。1920年,T.Flores*)。對這類系統的現代理解表明,埃爾奧羅地區的幾個礦脈具有極好的發現潛力。

Xali Gold is dedicated to being a responsible Community partner.

夏利黃金致力於成為一個負責任的社區合作伙伴。

Joanne C. Freeze, P.Geo., President, CEO and Matthew Melnyk, CPG., Director Operations, are Qualified Persons as defined by National Instrument 43-101 for the projects discussed above. Ms. Freeze and Mr. Melnyk have reviewed and approved the contents of this release.

總裁兼首席執行官Joanne C.Freeze和運營總監Matthew Melnyk是National Instrument 43-101定義的上述項目的合格人員。福萊德女士和梅爾尼克先生已經審查並批准了本新聞稿的內容。

Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.

多倫多證券交易所創業板交易所及其監管服務提供商均不對本新聞稿的充分性或準確性承擔責任。

Forward-looking Information

前瞻性信息

This news release may contain forward-looking information (as such term is defined under Canadian securities laws) including but not limited to the potential for discovery on the Victoria, El Dorado, Cocula and El Oro Properties and other statements that are not historical facts. While such forward-looking information is expressed by Xali Gold in good faith and believed by Xali Gold to have a reasonable basis, they address future events and conditions and are therefore subject to inherent risks and uncertainties including those set out in Xali Gold's MD&A. Factors that cause the actual results to differ materially from those in forward-looking information include, without limitation, gold prices, results of exploration and development activities, regulatory changes, defects in title, availability of materials and equipment, timeliness of government approvals, potential environmental issues, availability of capital and financing and general economic, market or business conditions. Xali Gold expressly disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except in accordance with applicable securities laws.

本新聞稿可能包含前瞻性信息(根據加拿大證券法的定義),包括但不限於關於維多利亞、El Dorado、Cocula和El Oro Properties的潛在發現以及其他非歷史事實的陳述。雖然這些前瞻性信息是由哈利黃金真誠表達的,並被哈里黃金認為有合理的基礎,但這些信息涉及未來的事件和條件,因此受到固有風險和不確定性的影響,包括哈利黃金的MD&A中闡述的風險和不確定性。導致實際結果與前瞻性信息中陳述的結果大不相同的因素包括但不限於金價、勘探和開發活動的結果、監管變化、所有權缺陷、材料和設備的可用性、政府批准的及時性、潛在的環境問題、資金和融資的可用性以及總體經濟和市場情況,這些因素包括但不限於金價、勘探和開發活動的結果、監管變化、所有權缺陷、材料和設備的可用性、政府批准的及時性、潛在的環境問題、資金和融資的可用性以及總體經濟、市場。除非根據適用的證券法,否則哈利黃金公司明確表示不會因新信息、未來事件或其他原因而更新或修改任何前瞻性信息,也不承擔任何義務。

On behalf of the Board of Xali Gold Corp.

我謹代表哈利黃金公司董事會發言。

"Joanne Freeze" P.Geo.
President, CEO and Director

“喬安妮·福斯特”P.Geo
總裁、首席執行官兼董事

For further information please contact:
Joanne Freeze
President & CEO
Tel: + 1 (604) 689-1957
info@xaligold.com

如需更多信息,請聯繫:
喬安妮·福斯特
總裁兼首席執行官
電話:+1(604)689-1957
郵箱:info@xaligold.com

NR 107

NR 107


譯文內容由第三人軟體翻譯。


以上內容僅用作資訊或教育之目的,不構成與富途相關的任何投資建議。富途竭力但無法保證上述全部內容的真實性、準確性和原創性。
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