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Storm Exploration Signs MOU With Naicatchewenin First Nation

Storm Exploration Signs MOU With Naicatchewenin First Nation

Storm Exploration 與 Naicatchewenin First Nat
Accesswire ·  2023/08/03 20:50

VANCOUVER, BC / ACCESSWIRE / August 3, 2023 / Storm Exploration Inc. (TSXV:STRM) ("Storm" or the "Company") is pleased to announce that it has signed a Memorandum Of Understanding ("MOU") with the Naicatchewenin First Nation (the "NFN") concerning the Company's Gold Standard Project located 65 km north of the community of Fort Frances in northwestern Ontario.

溫哥華,卑詩省/ACCESSWIRE/2023年8月3日/Storm Explore Inc.(多倫多證券交易所股票代碼:STRM)(以下簡稱“Storm”或“公司”)高興地宣佈,已與奈卡特切寧第一民族(“NFN”)就公司位於安大略省西北部弗朗西斯堡社區以北65公里處的黃金標準專案簽署了諒解備忘錄(“MOU”)。

"This is an important milestone for the Company," said Storm's President and CEO Bruce Counts. "Storm firmly believes that the participation of local first nations is critical to the success of a project, and I am looking forward to working with the Naicatchewenin on the exploration and development of the Gold Standard property."

暴風公司首席執行官總裁和首席執行官布魯斯·考克斯表示:“這是公司的一個重要里程碑。”斯托姆堅信,當地原住民的參與對一個專案的成功至關重要,我期待著與Naicatchewenin合作勘探和開發Gold Standard物業。

The MOU establishes a framework for ongoing consultation with the NFN and provides the community with an opportunity to participate in the project through employment, training, and business development. Under the terms of the MOU, the Company will contribute to a community fund an amount that is proportional to its exploration expenditures, and over four years will issue common shares of Storm having a value of $175,000, commencing with $25,000 in common shares upon TSXV acceptance. The number of shares issued will be determined by the 20-day weighted moving average share price prior to issuance.

《諒解備忘錄》確立了與最惠國待遇持續磋商的框架,並為社會提供了一個通過就業、培訓和商業發展參與該專案的機會。根據諒解備忘錄的條款,公司將向社區基金提供與其勘探支出成比例的金額,並將在四年內發行價值為175,000美元的Storm普通股,從TSXV接受時開始發行25,000美元的普通股。發行的股份數量將由發行前的20日加權移動平均股價決定。

Gold Standard Project

金本位專案

The Gold Standard is located within the Manitou-Stormy Lake greenstone belt and is prospective for gold and base metals. The property hosts three historical small-scale gold mining operations that date from 1901 to 1903. These gold showings have seen little modern exploration and have never been tested with drilling. In 2022, Storm confirmed the high-grade nature of the old workings with grab samples that returned grades up to 166 g/t Au (see Storm news release dated 27-Sep-2022).

金本位位於馬尼託-斯托米湖綠巖帶內,對黃金和賤金屬具有潛在的前景。從1901年到1903年,這裡有三次歷史上規模較小的金礦開採活動。這些金礦顯示幾乎沒有現代勘探,也從未經過鑽探測試。2022年,Storm用Grab樣本確認了舊巷道的高品位性質,這些樣本返回的品位高達166克/噸Au(見Storm新聞稿日期為2022年9月27日)。

A property-wide airborne electromagnetic survey conducted by Storm in October of 2022 identified a large conductivity anomaly with a strike length of more than five kilometres (see Figure 1) and occurs in host rocks that are often associated with Volcanogenic Massive Sulphide ("VMS") mineralization. This is supported by copper and zinc mineralization noted in shallow historical drill holes completed between 1969 and 1971 (see Storm news release dated 8-Feb-2023).

Storm在2022年10月進行的一項全物業航空電磁調查發現了一個大型電導率異常,其走向長度超過5公里(參見圖1),賦存於往往與火山成因塊狀硫化物(“VMS”)礦化有關的寄主岩石中。在1969至1971年間完成的淺層歷史鑽孔中發現的銅和鋅礦化支持了這一點(見2023年2月8日發佈的Storm新聞稿).

The road-accessible Gold Standard Project comprises 284 mineral claims covering 6,016 and is located 65 km north of the community of Fort Frances. The project lies withing the traditional territory of the Naicatchewenin and Nigigoonsiminikaaning First Nations. Storm has commenced discussions with the Nigigoonsiminikaaning First Nation and is working towards an agreement similar to the MOU announced herein.

公路通行的黃金標準專案包括284個礦藏,覆蓋6 016個礦藏,位於弗朗西斯堡社區以北65公里處。該專案位於Naicatchewenin和Nigigoonsimini Kaaning第一民族的傳統領土上。Storm已經開始與奈及利亞第一民族談判,並正在努力達成一項類似於本文宣佈的諒解備忘錄的協定。

Qualified Person

有資格的人

The technical contents of this news release have been reviewed and approved by Bruce Counts, P. Geo., President and CEO of Storm Exploration Inc. and Qualified Person under National Instrument 43-101.

本新聞稿的技術內容經Bruce Counts、P.Geo、總裁、Storm Explore Inc.首席執行官、National Instrument 43-101資質人員審定。

Figure 1: Gold Standard Conductivity Anomaly - 2022 VTEM Survey

圖1:金標準電導率異常-2022年VTEM測量

About Storm Exploration Inc.

關於Storm Explore Inc.

Storm Exploration Inc. is a Canadian mineral exploration company focused on the discovery and development of economic precious and base metal deposits on four district-scale projects in northwest Ontario: Miminiska, Keezhik, Attwood and Gold Standard.

Storm Explore Inc.是一家加拿大礦產勘探公司,專注於在安大略省西北部的四個地區規模的專案上發現和開發經濟上的貴金屬和賤金屬礦床:Miminiska、Keezhik、Attwood和Gold Standard。

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) has reviewed or 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(該術語在多倫多證券交易所創業板政策中定義)均未審查或承擔對本新聞稿的充分性或準確性的責任。

Forward Looking Information

前瞻性資訊

This news release includes certain information that may constitute "forward-looking information" under applicable Canadian securities legislation. Forward-looking information includes, but is not limited to, the Company's strategic plans, future operations, future work programs and objectives. Forward-looking information is necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking information. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information. All forward-looking information contained in this press release is given as of the date hereof and is based upon the opinions and estimates of management and information available to management as at the date hereof. The Company 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 as required by law.

本新聞稿包括根據適用的加拿大證券法可能構成“前瞻性資訊”的某些資訊。前瞻性資訊包括但不限於公司的戰略計劃、未來運營、未來工作計劃和目標。前瞻性資訊必須基於許多估計和假設,雖然這些估計和假設被認為是合理的,但可能會受到已知和未知的風險、不確定性和其他因素的影響,這些因素可能會導致實際結果和未來事件與此類前瞻性資訊明示或暗示的情況大不相同。不能保證這些資訊將被證明是準確的,因為實際結果和未來事件可能與這些資訊中預期的大不相同。因此,讀者不應過分依賴前瞻性資訊。本新聞稿中包含的所有前瞻性資訊均為截至本新聞稿發佈之日的資訊,並基於對管理層的意見和估計以及管理層在本新聞稿發佈之日可獲得的資訊。除非法律要求,否則公司不會因為新資訊、未來事件或其他原因而更新或修改任何前瞻性資訊,也不承擔任何義務。

For further information, please contact:

如需更多資訊,請聯繫:

Storm Exploration Inc.
+1 (604) 506-2804
bcounts@stormex.ca

風暴探索公司。
+1(604)506-2804
郵箱:bcount@stormex.ca

SOURCE: Storm Exploration Inc.

資料來源:風暴探索公司。


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