SLAM Exploration Acquires New Niobium Critical Mineral Project
SLAM Exploration Acquires New Niobium Critical Mineral Project
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MIRAMICHI, New Brunswick, Oct. 25, 2023 (GLOBE NEWSWIRE) -- SLAM Exploration Ltd. (TSX-V: SXL) ("SLAM" or the "Company") is pleased to announce it has signed an arm's length binding term sheet with St-Georges Eco-Mining Corp. (CSE: SX) ("St-Georges") to give SLAM the option to acquire a 51% interest in the Notre Dame Niobium Critical Mineral Project (the "Notre Dame Project"). The Notre Dame Project is located 110 km northwest of the only niobium producing mine in North-America: the Niobec niobium mine in Quebec.
米拉米奇，新不倫瑞克，2023年10月25日(環球通訊社)SLAM勘探有限公司(多倫多證券交易所股票代碼：SXL)(“猛擊“或”公司“)很高興地宣佈，它已與以下公司簽署了一份具有約束力的條款清單聖喬治 生態礦業公司(CSE：SX)(“聖喬治“)給予SLAM獲得巴黎聖母院Nb關鍵礦物專案51%權益的選擇權巴黎聖母院專案巴黎聖母院專案位於北美唯一的Nb礦西北110公里處，即魁北克的Nibec Nob礦。
Project Highlights:
Proje專案CT要點：
- Niobium and Rare Earth Element (REE): St-Georges identified niobium and REE's associated with pegmatites and carbonatites.
- Nb和稀土元素(REE)：St-Georges確定了與偉晶巖和碳酸岩有關的Nb和REE。
- Niobium and REE's: Grab samples range up to 2,320 ppm niobium (0.33% Nb2O5) with 3,901 ppm total REE including 1,726 ppm heavy REE and 2,175 ppm light REE.
- Nb和稀土元素：GRAB樣品高達2,320 ppm的Nb(0.33%Nb_2O_5)，總稀土含量為3,901 ppm，其中重稀土為1,726 ppm，輕稀土為2,175 ppm。
- Four anomalous areas: Four target areas of anomalous niobium and rare earths have been identified for follow-up.
- 四個異常區域：已經確定了四個異常的Nb和稀土目標區域進行後續行動。
- Aeromagnetic signature: The niobium and REE occurrences are all associated with a 10-kilometre-long oval shaped aeromagnetic anomaly.
- 航磁簽名：Nb和REE的賦存狀態都與一個10公里長的橢圓形航磁異常有關。
- Notre Dame Project: The project covers 6,404 hectares (64 km2) comprised of 116 mineral claims.
- 巴黎聖母院專案：該專案佔地6,404公頃(64平方公里)，包括116個礦藏主張。
- Infrastructure: The project is accessible through a network of logging roads.
- 基礎設施：該專案可通過伐木公路網進入。
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Ready for Drilling Campaign: SLAM intends to complete additional prospecting and sampling in preparation for a trenching and drilling program.
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準備鑽探活動：SLAM打算完成額外的勘探和採樣，為挖溝和鑽井計劃做準備。
SLAM President Mike Taylor states: "The Notre Dame Project is an exciting acquisition for SLAM. Several occurrences of niobium and REE's are reported from pegmatites and carbonatites with a distinctive aeromagnetic signature. This is a key acquisition as SLAM builds up niobium, rare earth and lithium assets in the critical element space."
大滿貫總裁Mike·泰勒表示：巴黎聖母院專案對SLAM來說是一筆令人興奮的收購。據報道，偉晶巖和碳酸鹽巖中有幾個Nb和REE的賦存狀態，具有明顯的航磁特徵。隨著SLAM在關鍵元素領域積累Nb、稀土和鋰資產，這是一筆關鍵收購“
Image 1: Notre Dame Project
圖1：巴黎聖母院專案
About Niobium
關於Nb
Niobium is used as an alloy element in steels and superalloys. The ability to withstand high temperature makes its usage common in aerospace applications. Niobium-tin and niobium-titanium are used to make superconducting magnets. These magnets are critical components in magnetic resonance imaging (MRI) machines. Niobium is a potential additive or alternative battery metal for use in electric vehicles and is used to stabilize the cathode material in lithium-ion batteries. Demand for niobium is expected to increase along with the growing EV battery industry. According to Metal.com Niobium Pentoxide is currently trading in the US dollar range $48.76 to $50.15 per kilogram.
Nb在鋼和高溫合金中用作合金元素。耐高溫的能力使其在航空航太應用中普遍使用。Nb-錫和Nb-鈦被用來製造超導磁體。這些磁鐵是磁共振成像(MRI)機器的關鍵部件。Nb是一種用於電動汽車的潛在添加劑或替代電池金屬，用於穩定鋰離子電池的正極材料。隨著電動汽車電池行業的發展，對Nb的需求預計將會增加。根據metal.com的數據，五氧化二Nb目前的交易價格在每公斤48.76美元至50.15美元之間。
Image 2: Niobium Oxide Minerals In Carbonatite At Notre Dame Project
圖2：巴黎聖母院專案碳酸鹽巖中的氧化Nb礦物
Terms of the Agreement
協定條款
The term Sheet gives SLAM the option to earn 51% in and to the Notre Dame Project by making the following cash payments and share issuances to St-Georges, in addition to making qualified work expenditures:
條款說明書為SLAM提供了在巴黎聖母院專案中賺取51%的選擇權，除了支付合格的工作支出外，還可以通過向聖喬治大學支付以下現金和發行股票來賺取51%的收益：
Issuance of 500,000 common shares of SLAM to St-Georges upon regulatory approval from the TSX-V.
在獲得多倫多證交所-V監管部門批准後，向ST-Georges發行50萬股SLAM普通股。
Payment of $25,000 cash and issuance of 500,000 common shares of SLAM to St-Georges on or before March 31st, 2024.
於2024年3月31日或之前向聖喬治支付25,000美元現金併發行500,000股SLAM普通股。
Payment of $25,000 cash and issuance of 1,000,000 common shares of SLAM to St-Georges on or before the 1st anniversary date of a definitive option agreement.
支付25,000美元現金，並在最終期權協定一週年日或之前向聖喬治發行1,000,000股SLAM普通股。
Engage $300,000 in qualified exploration work before the 2nd anniversary of a definitive option agreement.
在最終期權協定簽署兩週年之前投入300,000美元進行合格的勘探工作。
Upon completion of the above cash, share and work expenditures to earn a 51% interest in and to the Notre Dame Project, the parties may elect to operate the project as a 51/49 joint venture ("JV"). Alternatively, St-Georges has the option to grant SLAM the remaining 49% ownership interest in the Notre Dame Project by issuing 1,000,000 common shares of SLAM to St-Georges.
在完成上述現金、股份和工作支出以賺取巴黎聖母院專案51%的權益後，各方可選擇以51/49合資企業(“合資企業”)的形式運營該專案。或者，聖喬治有權通過向聖喬治發行1,000,000股SLAM普通股，授予SLAM在巴黎聖母院專案剩餘49%的所有權權益。
If a JV is formed, the parties will jointly fund the project. If a party declines participation in a duly planned work program, then the declining party's interest will revert to a 2% Net Smelter Return ("NSR") royalty.
如果成立合資企業，雙方將共同為該專案提供資金。如果一方拒絕參加正式計劃的工作計劃，則下降方的興趣將恢復為2%的冶煉廠淨收益(NSR)特許權使用費。
If a party reverts to a 2% NSR holding, the other party will pay that party a NSR of 2%. The other party will hold the right to buy back half of the NSR for $1,000,000.
如果一方恢復2%的NSR持有，另一方將向該方支付2%的NSR。另一方將擁有以100萬美元回購一半NSR的權利。
In the event that SLAM purchases a 100% interest in and to the Notre Dame Project by making the 4th payment referenced above, St-Georges will retain a NSR of 2%. SLAM will hold the right to buy back half of the NSR for $1,000,000.
如果SLAM通過支付上述第四筆付款購買巴黎聖母院專案100%的權益，ST-Georges將保留2%的NSR。SLAM將擁有以100萬美元回購NSR一半股權的權利。
Finders' fees of 300,000 common shares of SLAM will be paid to an arm's length party. Completion of the acquisition remains subject to entering into a definitive option agreement and the 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.
SLAM 30萬股普通股的發起人費用將支付給與之保持距離的一方。收購事項的完成仍有待訂立最終期權協定，而建議的股份發行則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。
About SLAM Exploration Ltd:
關於SLAM勘探有限公司：
The Notre Dame Project is a significant addition to SLAM's critical element portfolio, including its 4700 hectare Ear Falls lithium project adjacent to Beyond Lithium's Ear Falls project in the Dryden area of northwestern Ontario. Beyond Lithium has started trenching on a new discovery where they reported grab samples up to 4.54% lithium less than 10 kilometres along strike from SLAM's Ear Falls project.
巴黎聖母院專案是SLAM關鍵元素組合的重要補充，包括其4700公頃的EAR Falls鋰專案，毗鄰Beyond Lithium位於安大略省西北部Dryden地區的Ear Falls專案。Beyond Lithium已經開始挖掘一項新發現，他們報告說，在SLAM的耳朵瀑布專案沿線不到10公里處，採集的樣本中鋰含量高達4.54%。
SLAM also holds the Cumberland REE project as well as a large portfolio of gold projects 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. In addition, SLAM has identified an area with high potential for gold discoveries in southern New Brunswick where the Company acquired the Shadow Lake, Jake Lee, Rogers Lake and Highway projects. These projects have potential for Rare Earth Element (REE) minerals as well as cobalt, silver and base metals.
SLAM還持有坎伯蘭稀土專案以及礦產資源豐富的新不倫瑞克省的一大批黃金專案。沿區域斷裂構造進行金礦勘探已取得重大金礦發現。其中包括SLAM全資擁有的Menneval專案的Maisie金礦系統。此外，SLAM還在新不倫瑞克南部發現了一個具有很高金礦發現潛力的區域，該公司在那裡收購了影子湖、傑克·李、羅傑斯湖和駭維金屬加工專案。這些專案具有開發稀土元素(REE)礦物以及鈷、銀和賤金屬的潛力。
The Company holds NSR royalties and expects additional cash and share payments on the Wedge, Goodwin, Ramsay and Ferguson projects in the mineral rich Bathurst Mining Camp of New Brunswick. The Company holds NSR royalties and may receive addition cash and share payments on the Reserve Creek and Opikeigen gold projects.
該公司持有NSR特許權使用費，並預計在礦產豐富的新不倫瑞克Bathurst採礦營地的Wedge、Goodwin、Ramsay和Ferguson專案上支付額外的現金和股票。該公司持有NSR特許權使用費，並可能在Reserve Creek和Opikeigen金礦專案上獲得額外的現金和股票付款。
To view SLAM's corporate presentation, click SXL-Presentation. Additional information is available on SLAMs 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。有關更多資訊，請訪問SLAMS網站SLAM和SEDAR+備案網站：。在Twitter@SLAMGold上關注我們。
QA-QC Procedures: Grab samples were collected by consulting geologists through Magnor Exploration that acted as St-Georges' exploration contractor. The samples were collected primarily from outcropping mineralization with occasional sampling from float boulders. The samples were sent directly to ALS laboratory in Montreal, with additional assays carried out in their Vancouver complex. For QC confirmation, ALS used a total of 89 blanks, standards and duplicates during assaying of the 218 samples submitted. ALS used analytical method MS61 to test for a wide range of trace elements. A number of elements including niobium were above the upper limit using this method. The samples were also analyzed using MS81 to provide analysis with higher limits for the Rare Earth elements and niobium.
QA-QC程式：Grab樣本是由諮詢地質學家通過作為ST-Georges勘探承包商的Magnor Explore收集的。樣品主要從露頭礦化中採集，偶爾從漂浮巨石中採樣。這些樣本被直接送往蒙特利爾的ALS實驗室，並在他們的溫哥華建築群進行了額外的檢測。為了確認質量控制，ALS在提交的218個樣本的化驗過程中總共使用了89個空白、標準和複製品。ALS使用MS61分析方法對多種微量元素進行測試。使用這種方法，包括Nb在內的許多元素都超過了上限。樣品還使用MS81進行了分析，以提供對稀土元素和Nb的更高限值的分析。
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 SEDAR+: 00012459
尤金·布克曼，首席財務官
電子郵件：ebeukman@pendergroup.ca，電話：+00012459
Photos accompanying this announcement are available at:
隨這一公告發布的照片可在以下網站上查閱：
譯文內容由第三人軟體翻譯。