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Lodestar Battery Metals Announces Update on Peny Property 2023 Summer Work Program, Appointments to the Board of Directors and Management Team

Lodestar Battery Metals Announces Update on Peny Property 2023 Summer Work Program, Appointments to the Board of Directors and Management Team

Lodestar Battery Metals宣佈Peny Property 2023年暑期工作計劃的最新情況、董事會和管理團隊的任命
newsfile ·  2023/08/21 19:30
  • Targeting efforts at Lodestar's flagship Peny Property in Snow Lake Mining District, Manitoba, successfully indicate numerous encouraging exploration targets.
  • Lodestar aims to emanate the recent success demonstrated by companies in the region that are closely situated near the Peny Property.
  • Axiom Exploration Group Ltd. to lead exploration activities for the 2023 Summer Work Program to determine pegmatite potential.
  • The targeted fieldwork timeline is set for early September to confirm the newly identified de-risked targets.
  • LODESTAR位於馬尼託巴省雪湖礦區的Peny旗艦物業的目標努力,成功地表明瞭許多令人鼓舞的勘探目標。
  • LODESTAR的目標是讓該地區靠近Peny地產的公司展示出最近的成功。
  • AXIOM勘探集團有限公司將領導2023年夏季工作計劃的勘探活動,以確定偉晶巖的潛力。
  • 目標實地工作時間表定於9月初,以確認新確定的降低風險的目標。

Vancouver, British Columbia--(Newsfile Corp. - August 21, 2023) - Lodestar Battery Metals (TSXV: LSTR) (OTCQB: SVTNF) ("Lodestar" or the "Company"), a Company focused on becoming a leading lithium exploration corporation in the Snow Lake Mining District in Manitoba, is pleased to announce an update on the Company's 2023 summer work program.

溫哥華,不列顛哥倫比亞省-(Newsfile Corp.-2023年8月21日)-洛德斯塔電池金屬公司(多倫多證券交易所股票代碼:LSTR)(OTCQB:SVTNF)(“星座“或”公司“)致力於成為馬尼託巴省雪湖礦區領先的鋰勘探公司的A公司高興地宣佈,該公司2023年夏季工作計劃的最新情況。

Peny Property 2023 Summer Work Program

Peny Property 2023夏季工作計劃

Lodestar has embarked on its 2023 summer work program (the "Program") at the Company's flagship Peny Property, located in the prolific Snow Lake Mining District, Manitoba (the "Property"). The Company's comprehensive targeting efforts have resulted in the successful identification of numerous exploration targets at the Property. Building upon the encouraging findings from the preliminary prospecting and sampling activities conducted in 2022, which revealed coincident pegmatite occurrences adjacent to lithium-bearing pegmatites on the neighbouring Bur Property to the south (Rockcliff, March 20231), these proximal targets will take precedence for the exploration team.

LODESTAR已經開始了它的2023年夏季工作計劃(The計劃公司位於馬尼託巴省多產的雪湖礦區的Peny旗艦物業(The屬性根據2022年進行的初步勘探和採樣活動的令人鼓舞的發現,在南部鄰近的Bur地產的含鋰偉晶巖附近發現了一致的偉晶巖(羅剋剋利夫,2023年3月1),這些近距離目標將優先用於勘探隊。

The Peny Property's promising prospectivity is bolstered by its strategic proximity to major Snow Lake Mining District structural trends, notably the Crowduck Bay and Berry Fault systems, which are recognized as principal controlling structures for pegmatite emplacement. Lodestar aims to build upon the recent success in the district, where Snow Lake Lithium (June 20232) and Foremost (March 20233) have continued to uncover new lithium pegmatite potential.

Peny地產前景看好的原因是其戰略上靠近雪湖礦區的主要構造趨勢,特別是被公認為偉晶巖侵位的主要控制構造的皇冠鴨灣和Berry斷層系統。LODESTAR的目標是在雪湖鋰(2023年6月)地區最近取得的成功的基礎上再接再厲2.),最重要的是(2023年3月3.)繼續發現新的鋰偉晶巖潛力。

Lodestar's Partnership with Axiom Exploration

LODESTAR與Axiom Explore的合作

The Company has eagerly awaited this work program since announcing its collaboration with Axiom Exploration Group Ltd. ("Axiom") as Lodestar's exploration partner. Axiom has agreed to implement a systematic evaluation and a boots on the ground exploration program of the Peny Property.

自宣佈與Axiom勘探集團有限公司(“Axiom Explore Group Ltd.)合作以來,公司一直熱切期待這一工作計劃。公理)作為洛德斯塔的勘探合作夥伴。AXIOM已同意實施系統評估,並啟動Peny資產的地面勘探計劃。

The first step in this evaluation was meticulously reviewing any available historic core from historical drilling at the Peny Property. This task was completed in early July and sought to assess the potential for lithium-bearing minerals within historically documented pegmatite drill core. Utilizing state-of-the-art Laser Induced Breakdown Spectroscopy technology ("LIBS"), Axiom was able to identify anomalous values of lithium in pegmatites within the historic core (see Figure 1). Subsequently, samples have been collected and sent to Saskatchewan Research Council (SRC) laboratory in Saskatoon, Saskatchewan, for official assay results to confirm the LIBS findings. The eagerly anticipated assay results are currently pending.

評估的第一步是仔細審查Peny油田歷史鑽探的任何可用歷史岩心。這項任務於7月初完成,旨在評估歷史上記錄在案的偉晶巖鑽芯中含鋰礦物的潛力。利用最先進的雷射誘導擊穿光譜技術(“自由黨),Axiom能夠在歷史核心內的偉晶巖中識別出鋰的異常值(見圖1)。隨後,樣本已被收集並送往薩斯喀徹溫省薩斯卡通的薩斯喀徹溫省研究理事會(SRC)實驗室,以獲得官方化驗結果,以證實LIBS的發現。人們熱切期待的化驗結果目前仍在等待中。


Figure 1. Axiom re-logging and sampling historical core from the Peny Property.


圖1.來自Peny屬性的AXIOM重新記錄和採樣歷史核心。

In addition to the LIBS analysis, Axiom is employing tried and tested exploration methods for lithium pegmatite exploration, including Tri-Axial Magnetics, Radiometric, and LiDAR surveys, which are scheduled to commence in early August. These advanced survey methods will complement and refine previously identified targets from Axiom's remote sensing survey (as noted in Lodestar's July 14, 2023, H1 Shareholder Letter4). The targeted fieldwork timeline is set for early September to confirm the identified exploration targets. Lodestar remains steadfast in its commitment to bolster the district's prospectivity by identifying promising pegmatite targets at the Peny Property.

除了LIBS分析外,Axiom還在鋰偉晶巖勘探中採用經過試驗和測試的勘探方法,包括計劃於8月初開始的三軸磁力測量、輻射測量和雷射雷達測量。這些先進的調查方法將補充和完善之前從Axiom的遙感調查中確定的目標(如2023年7月14日LODESTAR的股東信中所述4.)。目標野外工作時間表定於9月初,以確認已確定的勘探目標。LODESTAR仍然堅定不移地致力於通過在Peny地產確定有前途的偉晶巖目標來支持該地區的前景。

Lowell Kamin, Lodestar's President, CEO, and Chairman of the Board, acknowledged the positive progress made to date, stating, "We are incredibly pleased with the momentum our 2023 work program has made. Last year we laid an excellent foundation to set ourselves up for success this exploration season. The potential of the Peny Property, coupled with the strategic oversight with Axiom, has positioned us to be a legitimate player in the Snow Lake Mining District. We remain dedicated to delivering exceptional value to our shareholders as we strive to become a leading lithium exploration company."

洛德斯塔首席執行官兼董事會主席洛厄爾·卡明承認了到目前為止取得的積極進展,他表示:“我們對2023年工作計劃取得的勢頭感到非常滿意。去年,我們為本勘探季的成功奠定了良好的基礎。Peny地產的潛力,加上Axiom的戰略監督,使我們成為雪湖礦區的合法參與者。我們將繼續致力於為我們的股東提供非凡的價值,努力成為一家領先的鋰勘探公司。”

Lodestar Appoints Leo Horn to the Board of Directors

LODESTAR任命利奧·霍恩為董事會成員

Experienced geologist Leo Horn will join the board of directors, adding significant technical and geological capability to the Company. Mr. Horn is an executive technical geologist with 22 years of experience across the exploration and mining industry for precious, base, battery and rare earth metals, diamonds and uranium across Canada, Australia, SE Asia, South America, Africa and Europe. During that time, he has contributed to major discovery success, including leading the team that delineated several large, high-grade uranium resources in the prolific Athabasca Basin of Canada. Mr. Horn is also on the Board of ASX-listed Cosmos Exploration, currently actively exploring lithium projects in Canada in the James Bay district of Quebec. Mr. Horn's experience and network in Canada will be invaluable for Lodestar as well as his experience on various other lithium pegmatite projects, including the world-class Kenticha lithium-tantalum deposit in Ethiopia.

經驗豐富的地質學家利奧·霍恩將加入董事會,為公司增加重大的技術和地質能力。Horn先生是一名高級技術地質學家,在加拿大、澳大利亞、東南亞、南美、非洲和歐洲的貴金屬、賤金屬、電池和稀土金屬、鑽石和鈾的勘探和採礦行業擁有22年的經驗。在此期間,他為重大發現的成功做出了貢獻,包括領導的團隊在加拿大多產的阿薩巴斯卡盆地圈定了幾個大型高品位鈾資源。霍恩也是澳大利亞證券交易所上市公司Cosmos Explore的董事會成員,目前在加拿大魁北克詹姆斯灣地區積極勘探鋰專案。霍恩先生在加拿大的經驗和網路對洛德斯塔以及他在其他各種鋰偉晶巖專案上的經驗都是無價的,這些專案包括衣索匹亞世界級的肯蒂查鋰鉭礦。

Luke van der Meer Appointed as Vice-President Exploration

盧克·範德米爾被任命為總裁勘探副主任

Lodestar would also like to announce that Mr. Luke van der Meer (P.Geo.) has been appointed as Vice-President Exploration of the Company. Mr. Van der Meer has been with the Company since July 2022, as the Company's Qualified Person as defined by National Instrument 43-101 guidelines - Standards of Disclosure for Mineral Projects ("NI 43-101").

LODESTAR還宣佈,Luke van der Meer先生(P.Geo.)已被任命為總裁勘探公司副總經理。Van der Meer先生自2022年7月以來一直擔任本公司的合資格人士,由國家文書43-101準則-礦產專案披露標準(“NI 43-101”)界定。

Luke brings a wealth of expertise to his newly appointed role, with an impressive background spanning over two decades in mineral exploration, mining, and civil engineering. He will be an integral part of the Company moving forward, assisting with the exploration for the upcoming 2023 summer work program.

盧克為他新任命的職位帶來了豐富的專業知識,他在礦產勘探、採礦和土木工程領域擁有20多年的令人印象深刻的背景。他將是公司向前發展不可或缺的一部分,協助探索即將到來的2023年夏季工作計劃。

Lodestar Provides Update on Share Consolidation

LODESTAR提供股票合併的最新資訊

Further to the Company's previous release on July 14, 2023 ("H1 Shareholder Letter"), Lodestar has decided to reverse its decision and not proceed with consolidating its issued and outstanding common shares (the "Consolidation").

繼該公司於2023年7月14日發佈上一份新聞稿後(“H1股東信),路德斯達已決定撤銷其決定,不繼續合併其已發行和已發行的普通股(The整固“)。

The purpose of the Consolidation was intended to improve capital structure and generate greater investor interest. Upon further consideration, management has decided that the Company has positioned itself in a way that the Consolidation is not needed at this time. As of this writing, the Company still holds a strong cash position of approximately $1.7M.

合併的目的是為了改善資本結構,並產生更大的投資者興趣。經進一步考慮,管理層已決定本公司目前不需要進行合併。在撰寫本文時,該公司仍持有約170萬美元的強大現金頭寸。

Sources

消息來源

Qualified Persons

合格人員

Luke van der Meer (P.Geo) is the Vice-President Exploration to the Company and is a Qualified Person ("QP") as defined by National Instrument 43-101 guidelines - Standards of Disclosure for Mineral Projects ("NI 43-101") and has reviewed the technical information of this news release.

盧克·範德米爾(P.Geo)是總裁勘探公司的副董事長,是國家儀器43-101準則-礦產專案披露標準(“NI 43-101”)定義的合格人員(“QP”),並已審閱了本新聞稿的技術資訊。

About Lodestar Battery Metals Corp.

LODESTAR電池金屬公司簡介

Lodestar Battery Metals Corp. is a Canadian mining exploration company focused on the battery metals space. The Company's 100% owned flagship Peny Property comprises of 47 mineral claims totalling 11,191 hectares in the Snow Lake District, Manitoba, with access to tier-1 existing infrastructure: railway, roads, airstrip, and power. The Company also owns 100% interest in two significant silver assets in Mexico. The Company intends to build a strong portfolio of battery metals projects to drive future growth through exploration success and from later-stage projects with production potential. The Lodestar business plan calls for a dynamic combination of developing its existing properties, acquisitions, and partnerships to achieve this growth. For more information, visit .

LODESTAR電池金屬公司是一家專注於電池金屬領域的加拿大礦業勘探公司。該公司100%擁有的Peny旗艦物業包括位於馬尼託巴省雪湖區的47個礦藏,總面積為11,191公頃,可使用現有的一級基礎設施:鐵路、公路、簡易機場和電力。該公司還擁有墨西哥兩項重要白銀資產的100%權益。該公司打算建立一個強大的電池金屬專案組合,通過勘探成功和具有生產潛力的後期專案來推動未來的增長。Loestar的商業計劃要求將開發現有物業、收購和合作夥伴關係動態地結合起來,以實現這一增長。有關更多資訊,請訪問。

Contact

聯繫方式

Lodestar Battery Metals Corp.
Lowell Kamin, President, CEO & Chairman of the Board
(416) 272-1241
lowell@lodestarbatterymetals.ca

LODESTAR電池金屬公司
洛厄爾·卡明,總裁,首席執行官兼董事會主席
(416)272-1241
郵箱:lowell@lodestarbatterymetals.ca

Investor Relations
Alyssa Barry, IR Labs Inc.
1-(833)-947-5227
alyssa@irlabs.ca

投資者關係
Alyssa Barry,IR Labs Inc.
1-(833)-947-5227
郵箱:alyssa@irLabs.ca

Forward-Looking Statements

前瞻性陳述

The information set forth in this news release contains forward-looking statements 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. Lodestar cautions that all forward-looking statements are inherently uncertain and that actual performance may be affected by several material factors, many of which are beyond Lodestar's control. Such factors include, among other things: risks and uncertainties relating to Lodestar'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.

本新聞稿中的資訊包含基於截至本新聞稿發佈之日的假設的前瞻性陳述。這些陳述反映了管理層當前的估計、信念、意圖和期望。它們並不是未來業績的保證。LODESTAR告誡說,所有前瞻性陳述本質上都是不確定的,實際表現可能會受到幾個重大因素的影響,其中許多因素不是LODESTAR所能控制的。這些因素包括:與Loestar有限的運營歷史有關的風險和不確定因素,以及遵守環境和政府法規的必要性。因此,實際和未來的事件、條件和結果可能與估計大不相同。

NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) 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交易所的政策中定義)均不對本新聞稿的充分性或準確性承擔責任。

To view the source version of this press release, please visit

要查看本新聞稿的源版本,請訪問

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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