SLAM Acquisition Expands Zinc Copper Silver Footprint in BMC
SLAM Acquisition Expands Zinc Copper Silver Footprint in BMC
Core Intervals to 14.51% Zinc, 5.86% Lead, 0.67% Copper and 139.9 g/t Silver
核心區間為14.51%鋅、5.86%鉛、0.67%銅和139.9克/噸銀
MIRAMICHI, New Brunswick, Sept. 06, 2023 (GLOBE NEWSWIRE) -- SLAM Exploration Ltd. (TSXV-SXL) ("SLAM" or the "Company") is pleased to announce it has entered into an arm's length option agreement dated September 01, 2023, to acquire a 100% interest in and to the Mine Road project, which is located adjacent to the former producing Heath Steele mine in the Bathurst Mining Camp ("BMC") of northern New Brunswick.
米拉米奇，新不倫瑞克，9月2023年06日(環球通訊社)--SLAM勘探有限公司(TSXV-SXL)(“猛擊“或”公司“)欣然宣佈，已於2023年9月1日訂立一項公平期權協定，收購位於新不倫瑞克北部Bathurst礦業營地(”BMC“)的Heath Steele礦附近的Mini Road專案的100%權益。
Project Highlights:
專案要點：
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Railroad Zone: 14.51% zinc, 5.86% lead, 0.67% copper and 139.9 g/t silver over a 9.0 metre interval in diamond drill hole IL2014-003.
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Roche Trend: Diamond drill hole IL2018-01 intersected 7.0 meters of 0.9% copper on the Roche Trend, 5 kilometres southwest of the Railroad Zone.
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Infrastructure: Paved road and high voltage powerline transect the property.
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Drill-ready project: Untested conductors, magnetic and soil anomalies as well as priority targets on the Railroad and Roche Zones.
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鐵路區：含鋅14.51%，鉛5.86%，銅0.67%，銀139.9克/噸。
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羅氏趨勢：IL2018-01鑽石鑽孔在羅氏趨勢上與7.0米的0.9%銅相交，位於鐵路區西南5公里處。
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基礎設施：鋪設的道路和高壓電力線橫跨物業。
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可供鑽探的專案：未經測試的導體、磁性和土壤異常以及鐵路和囉氏地區的優先目標。
Previously drilled holes include IL2014-003 that cored 14.51% zinc, 5.86% lead, 0.67% copper and 139.9 g/t silver over a 9.0 metre interval (7.8 metre true width). This hole also intersected 6.57% zinc, 2.78% lead, 0.46% copper, and 68.1 g/t silver over a 3 m core interval (2.6 metre true width). This was one of 5 holes drilled on the Railroad Zone in 2014.
以前鑽過的井包括IL2014-003型，在9.0米(7.8m的實際寬度)範圍內取心14.51%的鋅、5.86%的鉛、0.67%的銅和139.9克/噸的銀。這個洞還在3米的岩心間隔(2.6米的實際寬度)上交匯了6.57%的鋅、2.78%的鉛、0.46%的銅和68.1克/噸的銀。這是2014年在鐵路區鑽出的5個洞之一。
On the Roche Trend, 5 kilometres southwest of the Railroad Zone, diamond drill hole IL2018-01 intersected 7.0 meters of 0.9% copper. This is the deepest intercept on the Roche Trend and according to accepted models for VMS deposits, the increasing copper content may signify that the core of the deposit lies below this hole.
在羅氏趨勢上，在鐵路區西南5公里處，鑽石鑽孔IL2018-01與7.0米的0.9%銅相交。這是對羅氏趨勢的最深截獲，根據公認的VMS礦床模型，銅含量的增加可能意味著礦床的核心位於這個洞的下方。
SLAM President Mike Taylor states, "This is a drill ready project with a massive previous work database that is available to design drilling programs to test for potential extensions and new discoveries. The BMC was a prolific producer of zinc, lead, copper and silver and is long overdue for such a discovery."
總裁Mike·泰勒表示：“這是一個鑽探就緒的專案，擁有一個龐大的前期工作資料庫，可用於設計鑽探計劃，以測試潛在的延伸和新發現。英美資源中心是鋅、鉛、銅和銀的多產生產商，早該有這樣的發現。”
Mine Road Project: The 7,500 hectare Mine Road project comprises 347 units in 2 mineral claims adjacent to the former producing Heath Steele mine property. From 1957 and 1996, the operator mined 21 million tonnes at Heath Steele with an average grade of 4.98% zinc, 0.36% lead, 0.54% copper and 69.66 g/t silver. A total of 2,330 million pounds of zinc, 833 million pounds of lead, 446 million pounds of copper and 45 million ounces of silver were processed. (For reference, these numbers are derived from: McCutcheon, S.R. (compiler) 1997; Geology and massive sulphides of the Bathurst Camp, New Brunswick; Geological Association of Canada - Mineralogical Association of Canada, Joint Annual Meeting, Ottawa '97, Field Trip B7, Guidebook, 85 p.)
礦道工程：該專案佔地7,500公頃，由兩個礦場中的347個單元組成，毗鄰以前生產的Heath Steele礦場。從1957年至1996年，該運營商在Heath Steele開採了2100萬噸，平均品位為4.98%的鋅、0.36%的鉛、0.54%的銅和69.66克/噸的銀。總共加工了23.3億磅的鋅，8.33億磅的鉛，4.46億磅的銅和4500萬盎司的銀。(作為參考，這些數位來自：McCutcheon，S.R.(編者)1997；Bathurst Camp的地質學和塊狀硫化物，新不倫瑞克；加拿大地質協會-加拿大礦物協會，聯合年會，渥太華‘97，實地考察B7，指南，85頁。
Volcanogenic Massive Sulphide Occurrences: The Mine Road project contains 7 volcanogenic massive sulphide occurrences including the Railroad Zone described above. The Company expects to generate additional targets once the Mine Road project database is integrated with SLAM's extensive Bathurst Joint Venture database. A total of $1,448,000 in exploration expenditures have been applied to the Mine Road project during the past 10 years and assessment work credits of $428,776 are available for future claim renewals.
火山成因塊狀硫化物產狀：礦道專案包含7個火山成因塊狀硫化物礦點，包括上述鐵路區。該公司預計，一旦礦山道路專案資料庫與SLAM廣泛的Bathurst合資企業資料庫整合，將產生更多目標。在過去10年中，總共有1,448,000美元的勘探支出用於礦山公路專案，還有428,776美元的評估工作積分可用於今後的索賠續期。
Infrastructure: The Mine Road project is located on the Mine Road (Route 430) which connects the former Heath Steele mine to the city of Miramichi which is 60 kilometres to the southeast. The claims are accessed from this paved road and a series of logging roads. Electric power is available from lines that connect Heath Steele to the New Brunswick power grid.
基礎設施：礦井公路專案位於礦井公路(430號公路)上，該公路連接前Heath Steele礦和東南60公里處的Miramichi市。索賠是從這條鋪設的道路和一系列伐木道路進入的。從連接希斯斯蒂爾和新不倫瑞克電網的線路上可以獲得電力。
The Agreement: The Company can earn a 100% interest in and to the Mine Road project by making the following cash payments and common share issuances:
《協定》：該公司可通過支付以下現金付款和發行普通股，在礦山路專案中獲得100%的權益：
| Due Date | Cash Payments | Common Share Issuances | |||
| Within 5 days receipt of approval from the TSX-V | - | 100,000 | |||
| On or before the 1st anniversary of the option agreement | $10,000 | 100,000 | |||
| On or before the 2nd anniversary of the option agreement | $10,000 | 100,000 | |||
| On or before the 3rd anniversary of the option agreement | $10,000 | 100,000 | |||
| On or before the 4th anniversary of the option agreement | $20,000 | 100,000 | |||
| Total | $50,000.00 | 500,000 |
| 到期日 | 現金支付 | 普通股發行 | |||
| 在收到TSX-V批准的5天內 | - | 100,000 | |||
| 在%1或之前ST期權協定週年紀念日 | 1萬美元 | 100,000 | |||
| 在2號或之前發送期權協定週年紀念日 | 1萬美元 | 100,000 | |||
| 在3號或之前研發期權協定週年紀念日 | 1萬美元 | 100,000 | |||
| 在4日或之前這是期權協定週年紀念日 | 2萬美元 | 100,000 | |||
| 總計 | 50,000美元 | 500,000 |
The Mine Road project is subject to a 2% NSR royalty. SLAM retains the right to buy back half the royalty equal to 1.0% NSR for $1,000,000 and the further right to buy back the remaining royalty equal to 1.0% NSR for $1,000,000 at any time. The option agreement and proposed share issuances remain subject to approval by the TSX Venture Exchange. All security issuances will be subject to a statutory hold period of 4 months and one day from issuance in accordance with Canadian securities laws. No finders' fees were paid on this arm's length agreement.
礦山路專案需要繳納2%的NSR特許權使用費。SLAM保留以1,000,000美元回購相當於1.0%NSR的一半特許權使用費的權利，並保留隨時以1,000,000美元回購相當於1.0%NSR的剩餘特許權使用費的權利。期權協定和擬議的股票發行仍有待多倫多證券交易所創業板交易所的批准。根據加拿大證券法，所有證券發行將受到從發行之日起4個月零1天的法定持有期的限制。在這份公平的協定中，沒有支付發現者的費用。
About SLAM Exploration Ltd:
The Mine Road project is a significant addition to SLAM's portfolio of wholly-owned BMC projects that include the A'Hearn, Strachens and Portage volcanogenic massive sulphide projects. The Company has extensive experience in the BMC and owns a huge database covering the entire mining camp dating back to its participation in the Bathurst Joint Venture. The Company holds NSR royalties and expects additional cash and share payments on the Wedge, Goodwin, Ramsay and Ferguson projects in this mineral rich area.
關於SLAM勘探有限公司：
礦山路專案是SLAM全資擁有的BMC專案組合中的一個重要補充，其中包括A‘Hain、Strachens和Porage火山成因塊狀硫化物專案。該公司在BMC方面擁有豐富的經驗，並擁有一個涵蓋整個採礦營地的龐大資料庫，可追溯到它參與Bathurst合資企業。該公司持有NSR特許權使用費，並預計在這一礦產豐富的地區的Wedge、Goodwin、Ramsay和Ferguson專案上支付額外的現金和股票。
Elsewhere in the mineral-rich province of New Brunswick, exploration for gold along regional fault structures has resulted in significant gold discoveries. These include the Maisie gold vein system at SLAM's wholly owned Menneval project. With gold and copper trends up to 20 km long, SLAM has identified an area with high potential for additional gold discoveries and acquired the Shadow Lake, Jake Lee, Rogers Lake and Highway projects. Gold assays are pending on 250 soil samples. These projects are associated with the Fundy fault zone and located in southwestern New Brunswick where Galway Metals recently announced a 2.3-million-ounce gold deposit at Clarence stream. Targeting critical elements as well as gold, the Company aggressively pursues new exploration opportunities such as the recent Highway and Mine Road acquisitions.
在礦產豐富的新不倫瑞克省的其他地方，沿著區域斷裂構造勘探金礦，已經發現了重大的金礦。其中包括SLAM全資擁有的Menneval專案的Maisie金礦系統。憑藉長達20公里的黃金和銅礦趨勢，SLAM已經確定了一個具有更多金礦發現潛力的地區，並收購了影子湖、傑克·李、羅傑斯湖和駭維金屬加工專案。目前正在對250個土壤樣本進行黃金化驗。這些專案與芬迪斷裂帶有關，位於新不倫瑞克的西南部，高威金屬公司最近宣佈在克拉倫斯溪發現了230萬盎司的金礦。除黃金外，該公司還瞄準關鍵元素，積極尋求新的勘探機會，如最近對駭維金屬加工和MINE Road的收購。
To view SLAM's corporate presentation, click SXL-Presentation. Additional information is available on SLAM's website SLAM and SEDAR+ filings at . Follow us on twitter @SLAMGold.
要查看SLAM的企業演示文稿，請單擊SXL-Presentation。更多資訊可在SLAM的網站SLAM和SEDAR+備案網站上獲得。在Twitter@SLAMGold上關注我們。
QA-QC Procedures: The drilling results described above are from assessment reports by well established mining firms with assays from commercial laboratories. The assessment reports included a summary of QA-QC procedures and the Company deems these results to be reliable.
QA-QC程式：上述鑽探結果來自知名礦業公司的評估報告和商業實驗室的分析。評估報告包括QA-QC程式的摘要，公司認為這些結果是可靠的。
Qualifying Statements: Mike Taylor P.Geo, President and CEO of SLAM Exploration Ltd., is a qualified person as defined by National Instrument 43-101, and has approved the contents of this news release.
限定性聲明：Mike泰勒P.Geo，總裁，SLAM勘探有限公司首席執行官，是國家儀器43-101定義的合格人員，並已批准本新聞稿的內容。
Certain information in this press release may constitute forward-looking information, including statements regarding mineral resources and the Company's plans with respect to the exploration and development of its properties. This information is based on current expectations that are subject to significant risks and uncertainties that are difficult to predict. Actual results might differ materially from results suggested in any forward-looking statements. The Company assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those reflected in the forward-looking statements unless and until required by securities laws applicable to the Company. There are a number of risk factors that could cause future results to differ materially from those described herein. Information identifying risks and uncertainties is contained in the Company's filings with the Canadian securities regulators, which filings are available at . Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.
本新聞稿中的某些資訊可能構成前瞻性資訊，包括有關礦產資源的陳述以及該公司關於勘探和開發其物業的計劃。 這些資訊基於當前的預期，這些預期會受到重大風險和不確定性的影響。 是很難預測的。實際結果可能與任何前瞻性報告中建議的結果大不相同 發言。公司沒有義務更新前瞻性陳述，或更新實際結果可能與前瞻性陳述中反映的結果不同的原因，除非和直到適用於公司的證券法要求。有許多風險因素可能會導致未來的結果與本文所述的結果大不相同。識別風險和不確定性的資訊包含在公司提交給加拿大證券監管機構的檔案中，這些檔案可在。TSXV及其監管服務提供商(該術語在TSXV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。
CONTACT INFORMATION:
聯繫方式：
Mike Taylor, President & CEO
Contact: 506-623-8960 mike@slamexploration.com
Mike·泰勒，總裁兼首席執行官
聯繫方式：506-623-8960電子郵件：Mike
Eugene Beukman, CFO
Contact: 604-687-2038 ebeukman@pendergroup.ca
尤金·布克曼，首席財務官
聯繫方式：604-687-2038 ebeukman@pendergroup.ca
SEDAR+: 00012459
SEDAR+：00012459
譯文內容由第三人軟體翻譯。