Newfoundland Discovery Provides Updates on its Lithium & Gold Projects in Quebec, Canada
Newfoundland Discovery Provides Updates on its Lithium & Gold Projects in Quebec, Canada
Vancouver, British Columbia--(Newsfile Corp. - May 11, 2022) - NEWFOUNDLAND DISCOVERY CORP. (CSE: NEWD) (OTC Pink: NEWDF) (FSE: M4K) ("Newfoundland Discovery" or the "Company") is pleased to provide updates from its 100%-owned Chubb and Bouvier Lithium projects and its Fenelon Gold project package all located in Quebec, Canada.
温哥華，不列顛哥倫比亞省-(Newsfile Corp.-2022年5月11日)-紐芬蘭發現公司。(CSE：NewD)(場外粉色：NEWDF)(FSE：M4K)紐芬蘭發現公司(“Newfinland Discovery”或“公司”)很高興提供其100%擁有的Chubb和Bouvier鋰項目以及均位於加拿大魁北克的Fenelon Gold項目的最新信息。
Chubb & Bouvier Lithium Properties
Both the Chubb and Bouvier Lithium projects are hosted within the La Corne pegmatite field 35 km north of Val d'Or, Quebec. The La Corne Pegmatite field is home to Sayona Mining's North American Lithium deposit while their Authier project is situated in the La Motte batholith. Both of these projects hold a total JORC combined resource of 119.1 million tonnes at 1.05% Li2O, see ().
Chubb&Bouvier鋰性能公司
Chubb和Bouvier鋰項目都位於魁北克省Val d‘Or以北35公里處的La Corne偉晶巖田內。La Corne偉晶巖田是Sayona礦業北美鋰礦牀的所在地，而他們的Authier項目位於La Motte巖基。這兩個項目的JORC總資源量為1.191億噸，LI為1.05%2不，請參見()。
The drilling programs on the Company's lithium properties are now completed, and all assay results have been obtained. For the Chubb Project, 14 diamond drill holes for a total of 2,208 metres were drilled. The strategic aim of this program was to drill an area that was not accessible in the previous drill phase to test the strike length of 2021's successful drilling results.
對該公司鋰資產的鑽探計劃現已完成，並已獲得所有化驗結果。在Chubb項目中，鑽了14個鑽石鑽孔，總長達2208米。該計劃的戰略目標是在前一鑽探階段無法進入的區域進行鑽探，以測試2021年成功鑽探結果的走向長度。
Highlights include:
亮點包括：
- 1.1% Li2O over 13.7 metres from diamond drill hole DDH 22-CH-17.
- 0.43% Li2O over 7 metres in hole 22-CH-25 and 1.04% Li2O over 6.8 metres in hole DDH 22-CH-27.
- 1.1%鋰2O距離鑽石鑽孔DDH 22-CH-17超過13.7米。
- 0.43%鋰2O在22號洞超過7米-CH-25和1.04%Li2O在DDH 22-CH-27孔中超過6.8米。
Figure 1: Bouvier Property location map which highlights proximity to the Chubb Property both located within Canada's very active Lacorne pegmatite field.
圖1：Bouvier財產位置圖，突出了與Chubb財產的接近，這兩個財產都位於加拿大非常活躍的Lacorne偉晶巖田內。
Previous sampling of the Bouvier showing last October returned values of up to 3.75% lithium ("Li2O") and 5870 ppm rubidium ("Rb") in two separate grab samples. In early 2022, the Company completed 3 diamond drill holes totalling 526.5 metres. Highlights include hole 22-BOU-01 which intersected two pegmatites returning 2.7% Li2O over 1.5 metres with the second pegmatite returning 0.336% Li2O over 16.1 metres. Drill hole 22-BOU-02 returned 0.75% Li2O over 10.1 metres.
去年10月對Bouvier的前一次採樣顯示，鋰的返回值高達3.75%22022年初，該公司完成了3個鑽石鑽孔，總長526.5米。亮點包括22-Bou-01孔，它與兩塊偉晶巖相交，返回2.7%Li2O超過1.5m，第二塊偉晶巖返回0.336%Li2O超過16.1米。22-Bou-02井採出0.75%鋰2O超過10.1米。
The Bouvier property saw sporadic mining exploration from the early 1950s to 1979 that included geological mapping, rock sampling, trenching and diamond drilling. A bulk sample taken by Teck Corporation and reported in their 1979 Annual Report, returned an average grade of 1.39% Li2O and an estimated "possible" historical resource of 907,000 tons.[[1]] In 2010, Mineral Hill Industries Ltd. carried out an exploration program involving line cutting, a magnetic and IP survey, trenching, and panel and grab rock sampling. The work unearthed east-west oriented spodumene-bearing granitic pegmatites parallel to the Manneville Deformation Zone. The main dyke displayed an average lithium concentration of 1.51 Li2O wt. % (n=20).
從20世紀50年代初到1979年，Bouvier地產進行了零星的採礦勘探，包括地質測繪、巖石採樣、挖溝和鑽石鑽探。泰克公司在1979年的年報中報告了一大批樣本，結果顯示平均品位為1.39%2O估計“可能”的歷史資源量為907,000噸。[[1]]2010年，礦物山工業有限公司開展了一項勘探計劃，包括線切割、磁測和激電測量、挖溝、面板和抓鬥巖石取樣。該工作出土了平行於曼內維爾變形帶的東西走向的含鋰輝石花崗偉晶巖。主堤平均鋰濃度為1.51Li2無重量百分比(n=20)。
Fenelon Properties
Newfoundland Discovery's Fenelon Gold properties consist of the Southern Star property and the Northbound and Northbound Extension properties (Figure 2). Both latter properties are located northeast and contiguous to Wallbridge's Fenelon Gold Project. Wallbridge recently announced its maiden resource estimate for Fenelon reporting Indicated and Inferred resources of 75.34 Mt grading 1.86 g/t Au for 4.39 million ounces ().
Fenelon屬性
Newfinland Discovery的Fenelon Gold屬性包括Southern Star屬性以及北向和北向擴展屬性(圖2)。後兩處房產都位於沃布里奇的菲尼隆金礦項目的東北部，毗鄰該項目。Wallbridge最近宣佈了其對Fenelon報告的首次資源估計，指示和推斷資源為75.34公噸，品位為1.86克/噸金，儲量為439萬盎司()。
Figure 2: Location Map of Newfoundland Discovery's Northbound, Northbound Extension and Southern Star Projects surrounding Wallbridge Mining's Main Focus
圖2：圍繞Wallbridge礦業的主要焦點的Newfinland Discovery北向、北向擴展和Southern Star項目的位置圖
Gold mineralization at the Wallbridge Fenelon Project is closely associated with a northwest trending structure which splays off the east-trending Sunday Lake Deformation Zone. This same northwest trending structure is apparent through company studies of satellite imagery coincident with recently completed heliborne magnetic surveys. Additional structural interpretation will aid in vectoring areas for boots-on-the-ground prospecting and sampling at targets of high merit for preparation for future drill programs.
Wallbridge Fenelon項目的金礦化與西北向的構造密切相關，該構造與東向的週日湖變形帶分離開來。通過公司對衞星圖像的研究和最近完成的日載磁力調查，同樣的西北趨勢結構也很明顯。額外的構造解釋將有助於為地面勘探提供指導，並在高質量的目標上取樣，為未來的鑽探計劃做準備。
On the Southern Star property, drilling was conducted during 2021. Induced polarization anomalies were relied on for drill targets as the property is covered with thick overburden. Results were disappointing.
2021年期間，在南方之星地產進行了鑽探。由於地層覆蓋層較厚，鑽探靶區依賴激發極化異常。結果令人失望。
Qualified Person
Donald Théberge, P.Eng., M.B.A., an independent qualified person as defined in National Instrument 43-101, has reviewed, and approved the technical contents of this news release on behalf of the Company.
有資格的人
國家儀器43-101定義的獨立合格人士Donald Théberge，P.Eng，M.B.A.已代表公司審查並批准了本新聞稿的技術內容。
About Newfoundland Discovery Corp.
Newfoundland Discovery is a Canadian junior mining exploration company focused on exploration and development along the Detour Gold trend in Quebec and the Central Gold Belt in Newfoundland and Labrador. The Company is one of the largest mineral claim holders in the Detour trend and retains significant landholdings in Newfoundland.
紐芬蘭探索公司簡介
紐芬蘭發現是一家加拿大初級礦業勘探公司，專注於魁北克的迪圖爾金礦趨勢以及紐芬蘭和拉布拉多的中央金礦帶的勘探和開發。該公司是迂迴趨勢中最大的礦產所有權持有者之一，並在紐芬蘭保留了大量土地。
On Behalf of the Board of Directors,
NEWFOUNDLAND DISCOVERY CORP.
我謹代表董事會：
紐芬蘭發現公司。
"Blair Naughty"
President, CEO & Director
"布萊爾淘氣"
董事總裁兼首席執行官
Investor Relations
Email: info@newfoundlanddiscovery.com
Direct Line: (604) 440-8474
Website:
投資者關係
電子郵件：info@newfinlanddiscovery.com
直撥電話：(604)440-8474
網站：
Neither the CSE nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.
CSE及其監管服務提供商(該術語在CSE的政策中定義)均不對本新聞稿的充分性或準確性承擔責任。
Forward-Looking Statement
This news release may contain certain "forward-looking statements". Forward-looking statements involve known and unknown risks, uncertainties, assumptions, and other factors that may cause the actual results, performance, or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Any forward-looking statement speaks only as of the date of this news release and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future events or results or otherwise.
前瞻性陳述
本新聞稿可能包含某些“前瞻性陳述”。前瞻性陳述涉及已知和未知的風險、不確定性、假設和其他因素，這些風險、不確定性、假設和其他因素可能導致公司的實際結果、業績或成就與前瞻性陳述明示或暗示的任何未來結果、業績或成就大不相同。任何前瞻性聲明僅在本新聞稿發佈之日發表，除適用的證券法可能要求外，公司不承擔任何更新任何前瞻性聲明的意圖或義務，無論是由於新信息、未來事件或結果或其他原因。
1 The estimates presented are treated as historic information and have not been verified or relied upon for economic evaluation by the Company. These historical mineral resources do not refer to any category of sections 1.2 and 1.3 of National Instrument 43-101, such as mineral resources or mineral reserves as stated in the 2010 CIM Definition Standards on Mineral Resources and Mineral Reserves. The Company is unable to verify the data acquired by the various historical drilling campaigns and must undertake additional sampling and drilling to verify historical estimates. A Qualified Person has not done sufficient work to classify the historical estimates as current mineral resources or mineral reserves. The Company is not treating the historical estimates as current mineral resources or mineral reserve.
1該等估計乃視為歷史資料，並未經本公司核實或用作經濟評估之依據。這些歷史礦產資源不是指國家文書43-101第1.2和1.3節中的任何類別，例如2010年CIM《礦產資源和礦產儲量定義標準》中所述的礦產資源或礦產儲量。該公司無法核實通過各種歷史鑽探活動獲得的數據，必須進行額外的採樣和鑽探以核實歷史估計。有資格的人沒有做足夠的工作來將歷史估計歸類為當前礦產資源或礦產儲量。本公司並未將歷史估計視為當前礦產資源或礦產儲量。
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譯文內容由第三人軟體翻譯。