Sirios Signed an Option Agreement for the South and West Blocks of Its Cheechoo Property
Sirios Signed an Option Agreement for the South and West Blocks of Its Cheechoo Property
Figure 1
圖 1
MONTREAL, March 18, 2024 (GLOBE NEWSWIRE) -- Management of Sirios Resources Inc. (TSX-V: SOI; OTCQB: SIREF) ("Sirios") is pleased to announce the signing of an option agreement on the south and west blocks of its Cheechoo property (Figure 1) located in Eeyou Istchee James Bay in Quebec, with Electric Elements Mining Corp. ("EEM"). EEM is new private lithium company jointly created by Osisko Development Corp. and Osisko Mining Inc. Pursuant to the agreement, Sirios granted EEM the option to acquire up to a 100% interest in each of the south and west blocks of its Cheechoo property in return for an investment of $0.5 million, over a period of two years, as described below.
蒙特利爾，2024年3月18日（GLOBE NEWSWIRE）——西里奧斯資源公司（多倫多證券交易所股票代碼：SOI；OTCQB：SIREF）（“Sirios”）的管理層欣然宣佈，與電元素礦業公司（“EEM”）簽署了位於魁北克埃尤伊斯特奇詹姆斯灣的Cheechoo房產（圖1）的期權協議。EEM是由Osisko開發公司和Osisko礦業公司共同創建的新型私人鋰公司。根據該協議，Sirios授予EEM在兩年內收購其Cheechoo房產南部和西部每個區塊的100％權益的選擇權，以換取50萬美元的投資，如下所述。
EEM will explore both blocks for lithium and if the option is exercised, Sirios will retain a 1.5% NSR ("Net Smelter Return") royalty on the southern block.
EEM將同時勘探這兩個區塊的鋰礦，如果行使期權，Sirios將保留南部區塊1.5％的NSR（“淨冶煉廠回報”）特許權使用費。
In addition, if the option is exercised, Sirios will be able to recover, at no cost, 100% of the claims on which gold mineralization in bedrock reaching a minimum metal factor of 10 g/t per metre has been identified.
此外，如果行使期權，Sirios將能夠免費收回已確定基岩中金礦化程度達到每米10克/噸的最低金屬係數的索賠的100％。
To obtain a 100% interest in the two blocks or, at its option, in one or the other of the two blocks, EEM must, over a period not exceeding two years:
要獲得這兩個區塊的100％權益，或根據其選擇獲得兩個區塊中的一個或另一個區塊的100％權益，EEM必須在不超過兩年的期限內：
- Pay an amount of $100,000 to Sirios upon signature;
- Carry out a minimum of $50,000 in exploration work on each of the two blocks;
- Pay an amount of $150,000 in cash and/or shares, with a minimum of 50% in cash, per block at the request of Sirios.
- 簽名後向 Sirios 支付 100,000 美元；
- 對這兩個區塊進行至少50,000美元的勘探工作；
- 應Sirios的要求，爲每個區塊支付15萬美元的現金和/或股票，至少50％的現金。
Sirios will retain 100% of the exploration and exploitation rights for all mineral substances in the main block of the property, where the Cheechoo gold deposit is located.
Sirios 將保留 100% Cheechoo金礦牀所在地的主區塊中所有礦物質的勘探和開採權。
Figure 1: The Cheechoo gold property
圖 1：Cheechoo 的黃金財產
About the Cheechoo property
The Cheechoo gold property, 100% owned by Sirios, is located in Eeyou Istchee James Bay in Quebec, 200 km east of Wemindji and less than 10 km from Newmont's Eleonore gold mine. The property's latest resource update delineated, for an open pit model, indicated resources of 1.4 million ounces of gold contained in 46.3 million tonnes at an average grade of 0.94 g/t Au, as well as inferred resources of 500,000 ounces of gold contained in 21.1 million tonnes at a grade of 0.73 g/t Au (ref.: 12/06/2022 Press Release).
關於 Cheechoo 房產
Cheechoo黃金地產由西里奧斯100％擁有，位於魁北克的埃尤·伊奇·詹姆斯灣，位於韋明吉以東200公里處，距離紐蒙特的埃莉諾爾金礦不到10公里。根據露天礦模型，該物業的最新資源更新顯示，4,630萬噸中含有140萬盎司黃金，平均品位爲0.94克/噸金，以及推斷資源爲2,110萬噸中含有的50萬盎司黃金，金品位爲0.73克/噸（參考：2022年6月12日新聞稿）。
About Sirios
Sirios Resources is a Canadian mining exploration company focused on developing its portfolio of high-potential gold properties in the Eeyou Istchee James Bay region of Quebec.
關於 Sirios
Sirios Resources是一家加拿大礦業勘探公司，專注於在魁北克的Eeyou Istchee James Bay地區開發其高潛力的黃金地產組合。
Cautionary Note Regarding Forward-Looking Statements
This press release contains "forward-looking statements" within the meaning of applicable Canadian securities laws based on expectations, estimates and projections as of the date of this press release. Forward-looking statements involve risks, uncertainties and other factors that could cause actual events, results, performance, expectations, and opportunities to differ materially from those expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially from those indicated in such forward-looking statements include, but are not limited to : the exercise of the option by EEM, uncertainties related to the availability and cost of necessary financing in the future, changes in financial markets; delays in project development; other risks related to the mineral exploration and development industry; and risks disclosed in public filings of Sirios on SEDAR+ at . Although Sirios believes that the assumptions and factors used in preparing the forward-looking statements contained in this news release are reasonable, readers should not place undue reliance on this information, which speaks only as of the date of this news release, and there can be no assurance that such event will occur within the time periods presented. Sirios disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law.
關於前瞻性陳述的警示說明
本新聞稿根據截至本新聞稿發佈之日的預期、估計和預測，包含適用的加拿大證券法所指的 “前瞻性陳述”。前瞻性陳述涉及風險、不確定性和其他因素，這些因素可能導致實際事件、結果、業績、預期和機會與此類前瞻性陳述所表達或暗示的內容存在重大差異。可能導致實際業績與此類前瞻性陳述中顯示的結果存在重大差異的因素包括但不限於：EEM行使期權、與未來必要融資的可用性和成本相關的不確定性、金融市場的變化；項目開發的延遲；與礦產勘探和開發行業相關的其他風險；以及Sirios在SEDAR+的公開文件中披露的風險。儘管Sirios認爲在準備本新聞稿中包含的前瞻性陳述時使用的假設和因素是合理的，但讀者不應過分依賴這些信息，這些信息僅代表本新聞發佈之日，也無法保證此類事件會在所提出的期限內發生。除非適用法律要求，否則Sirios不打算或義務更新或修改任何前瞻性陳述，無論是由於新信息、未來事件還是其他原因。
Neither the 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.
多倫多證券交易所風險投資交易所及其監管服務提供商（該術語在多倫多證券交易所風險投資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。
Contact :
Dominique Doucet, P.Eng., President, and Chief Executive Officer
Phone: 450-482-0603
info@sirios.com
Website:
聯繫人：
Dominique Doucet，P.Eng.，總裁兼首席執行官
電話：450-482-0603
info@sirios.com
網站：
譯文內容由第三人軟體翻譯。