Showcase Minerals Provides Update on Dixie Flats - North Star Gold Project Drilling
Showcase Minerals Provides Update on Dixie Flats - North Star Gold Project Drilling
Calgary, Alberta--(Newsfile Corp. - May 10, 2024) - Showcase Minerals Inc. (CSE: SHOW) (FSE: ZJ0) ("Showcase" or the "Company") is pleased to provide an update on its drill program on the Dixie Flats - North Star Gold Project located in Elko County, Nevada. The reverse-circulation drill was mobilized on April 24 and the Company began drilling on April 25. Drill operations are being conducted by a three-man crew and supervised by Jason Babcock, a geologist with over 20 years' experience.
艾伯塔省卡爾加里--（Newsfile Corp.，2024年5月10日）——Showcase Minerals Inc.（CSE：SHOW）（FSE：ZJ0）（“Showcase” 或 “公司”）很高興提供其位於內華達州埃爾科縣的Dixie Flats-North Star黃金項目鑽探計劃的最新情況。反循環鑽探於4月24日啓動，該公司於4月25日開始鑽探。鑽探作業由三名工作人員進行，由擁有20多年經驗的地質學家傑森·巴布科克監督。
The objectives of this first hole (DF24-01) were to drill into the NNE oriented S-Fault near the Devils Gate-Webb contact and test if mineralization extends from a similarly located mineralized hole (DX-5) along the S-Fault, and to test the S-Fault at the Webb Devils Gate contact. The hole is oriented at a 300 ̊ azimuth and -55 ̊ angle. The lithologies that the Company encountered include 148 metres of overburden (modeled 142 metres), 117 metres of Chainman Formation sandstone and siltstone (modeled 107 metres), and 88 metres of Webb Formation carbonaceous and pyritic mudstone with minor siltstone (modeled 19 metres). Showcase desires to complete the hole to the Webb-Devils Gate contact as no drill holes in the hanging wall of the S-Fault on the Showcase claims have tested this contact. The locations of current and previous drill holes, faults interpreted from gravity and the approximate limits of mineralization (0.08 ppm cutoff) are shown with gravity-horizontal gradient (HG) in Figure 1. HG highlights faults and density contrasts at depth by showing the rates of change in density in the underlying rocks. Hot colors reflect the greatest rates of change.
第一個鑽孔（DF24-01）的目標是鑽入位於魔鬼之門-韋伯接觸點附近的朝向NNE的S斷層，測試礦化作用是否從S斷層沿線位置相似的礦化孔（DX-5）延伸，並在Webb Devils Gate接觸點測試S斷層。該孔的方位角爲 300，角度爲 -55。該公司遇到的巖性包括148米的覆蓋層（模擬142米）、117米的Chainman Formation砂岩和粉砂岩（模擬107米），以及88米的帶有小粉砂岩的Webb組碳質和黃鐵質泥岩（模擬19米）。Showcase希望完成通往Webb-Devils Gate接觸點的鑽孔，因爲Showcase聲稱沒有在S-Fault的懸掛牆上鑽孔測試過該接觸點。圖 1 以水平重力梯度 (HG) 顯示了當前和以前鑽孔的位置、由重力解釋的斷層以及近似礦化極限（0.08 ppm 截止值）。HG 通過顯示下層岩石密度的變化速率來突出顯示深處的斷層和密度對比。鮮豔的顏色反映了最大的變化率。
Factors that have affected the drill rate include:
影響鑽孔速率的因素包括：
- The Webb Formation-Devils Gate Limestone contact is much deeper than the originally modeled 228 metres.
- Large volumes of water (up to 160 gallons per minute) have been encountered that slow the progression.
- The current daily drill schedule of 12 hours is limited due to time restrictions during the sage-grouse breeding season.
- Webb Formation-Devils Gate Limestone的接觸面比最初建模的228米深得多。
- 遇到了大量的水（高達每分鐘 160 加侖），這減緩了進度。
- 由於鼠尾草繁殖季節的時間限制，目前每天12小時的演習時間表受到限制。
The second hole in Showcase's drill program is located 330 metres west of DF24-01 in the S-Fault footwall. The planned azimuth is 286 ̊ with a -80 ̊ inclination. The total depth is planned at 152 metres.
Showcase 鑽探計劃的第二個洞位於 DF24-01 以西 330 米處的 S-Fault 腳牆中。計劃方位角爲 286，傾角爲 -80。計劃總深度爲152米。
A third possible hole is under consideration adjacent to DF24-02 that would be oriented between 270 ̊ and 280 ̊ azimuth with a similar inclination. The objective is to test the S-Fault at a higher elevation and at nearly right-angles to the fault orientation. Anticipated depths are 360 to 370 metres.
正在考慮在 DF24-02 附近建造第三個可能的洞，該洞的方向將介於 270 和 280 方位角之間，傾角相似。目標是在更高的海拔、與斷層方向幾乎成直角的位置測試S-Fault。預計深度爲 360 至 370 米。
Kirk Reed, Showcase's president, commented, "We are pleased with how drilling has proceeded to date and are encouraged by the fact that we have encountered more Webb formation material than anticipated. The nearby Emigrant Springs Mine and the Rain Mine deposits are located at the contact point between the Webb mudstone and the underlying Devils Gate limestone. These structures are also on trend with Orla Mining Ltd.'s Dark Star Gold Deposit."
Showcase總裁柯克·裏德評論說：“我們對迄今爲止的鑽探進展感到滿意，我們遇到的韋伯地層材料比預期的要多，這讓我們感到鼓舞。附近的移民溫泉礦和雨礦礦牀位於韋伯泥岩和地下魔門石灰石的接觸點。Orla Mining Ltd. 的這些結構也很流行。”s 暗星金礦牀。”
Investors are cautioned that information on the adjacent projects is not necessarily indicative of the mineralization on the Dixie Flats - North Star Gold Project.
投資者請注意，有關鄰近項目的信息不一定表明Dixie Flats-North Star黃金項目的礦化情況。
About the Dixie Flats- North Star Gold Project:
關於 Dixie Flats-North Star 黃金項目：
The Dixie Flats - North Star Property (the "Property" or "Dixie Flats") is located on the east side of the Piñon Mountains, 21 air-miles south of the City of Elko in northeast Nevada. It is a combination of two claim blocks, the Dixie Flats group of claims and the North Star group of claims. The Property is comprised of a total of 236 total unpatented mineral claims on Federal land administered by the US Bureau of Land Management ("BLM").
Dixie Flats——北極星地產（“房產” 或 “Dixie Flats”）位於皮諾山脈的東側，位於內華達州東北部埃爾科市以南21英里處。它是兩個索賠區塊的組合，即Dixie Flats索賠組和北極星索賠組。該物業由美國土地管理局（“BLM”）管理的聯邦土地上總共236份未獲得專利的礦產索賠組成。
The Property lies on the southern margin of the Carlin Trend, a northwest-trending belt of sediment-hosted gold deposits that makes up the greatest geographic concentration of gold deposits in North America, with reported production of more than 92.5 million ounces of gold since 1961 (Muntean, 2019). The Dixie Flats-North Star Property is underlain by rocks known to host gold mineralization on the Carlin Trend, and surface sampling has shown anomalous gold, silver, arsenic, antimony, and mercury levels in rock, soil, and biogeochemical samples from the Property, which is a characteristic geochemical signature of Carlin-Type gold deposits.
該地產位於卡林趨勢的南緣，卡林趨勢是沉積物中金礦牀的西北走向，是北美金礦牀地理集中度最高的地理區域，自1961年以來報告的黃金產量超過9,250萬盎司（Muntean，2019年）。Dixie Flats-North Star地產以卡林趨勢中已知具有金礦化的岩石爲基礎，地表採樣顯示，該地產的岩石、土壤和生物地球化學樣本中的金、銀、砷、銻和汞含量異常，這是卡林型金礦牀的典型地球化學特徵。
The Dixie Flats - North Star Gold Project is approximately three miles south of Newmont Mining Company's Emigrant Springs Mine, which finished production in 2018, and approximately 4.5 miles southeast of the past producing Rain Mine. Both deposits are hosted in dissolution breccia zones at the contact between the Webb mudstone, the basal unit of the overlying assemblage, and the underlying Devils Gate limestone. Prior exploration on the Dixie Flats -North Star Property has been focused on delineating this contact at depth and discovering possible extensions to the regional structures controlling mineralization at the Rain and Emigrant Mines and their demonstrated extension to the Dixie Flats - North Star Property. The information on the adjacent projects is taken from publicly available sources and is not necessarily indicative of the mineralization on the Dixie Flats - North Star Property.
Dixie Flats-North Star黃金項目位於紐蒙特礦業公司的Emigrant Springs礦以南約三英里處，該礦於2018年完工，距離過去生產雨礦的東南約4.5英里。這兩個沉積物都位於溶解角礫岩區，位於上覆組成的基礎單元韋伯泥岩和地下魔門石灰石的接觸處。先前對Dixie Flats-North Star地產的勘探重點是描繪這種深度接觸，並發現控制雨礦和移民礦化的區域結構的可能延伸部分及其對迪克西平原——北極星地產的演示延伸。有關鄰近項目的信息來自公開來源，並不一定表示迪克西平原——北極星地產的礦化情況。
Additional information on the Dixie Flats - North Star Gold Project can be found in the National Instrument 43-101 ("NI 43-101") technical report entitled "Technical Report on the Dixie Flats-Northstar Gold Exploration Property", Elko, Nevada, dated September 21, 2022, which has been filed on SEDAR+ at
有關Dixie Flats-Northstar黃金項目的更多信息可以在內華達州埃爾科的National Instrument 43-101（“NI 43-101”）於2022年9月21日在內華達州埃爾科提交的國家儀器43-101（“NI 43-101”）技術報告中找到，該報告已在SEDAR+上提交
Qualified Person:
合格人員：
Mr. Steve McMillin, M.Sc., C.P.G. is a qualified person as defined by National Instrument 43-101 and has reviewed and approved the technical information in this news release.
CPG. 理學碩士史蒂夫·麥克米林先生是美國國家儀器43-101定義的合格人士，他已審查並批准了本新聞稿中的技術信息。
About Showcase Minerals Inc.:
關於Showcase Minerals公司：
Showcase is a Canadian mineral exploration company with an exclusive option to acquire a 100% interest in Dixie Flats-North Star Gold Project and the Woodruff Gold-Vanadium Project (subject to various net smelter returns royalties ranging from 2.25% to 4.25%), which collectively consist of unpatented 254 lode mining claims covering approximately 1,818 hectares located in Elko County, Nevada.
Showcase是一家加拿大礦產勘探公司，擁有收購Dixie Flats-North Star黃金項目和伍德拉夫金釩項目100％權益的獨家選擇權（取決於冶煉廠淨收益從2.25％到4.25％不等），這兩個項目共包括未獲得專利的254個礦脈開採索權，佔地約1,818公頃，位於內華達州埃爾科縣。
For further information, please contact: '
欲了解更多信息，請聯繫：'
Kirk Reed, President
Showcase Minerals Inc.
Telephone: 1-800-982-0670
柯克·裏德，總統
Showcase 礦業公司
電話：1-800-982-0670
Neither the CSE nor its Market Regulator (as that term is defined in CSE policies) accepts responsibility for the adequacy or accuracy of this news release.
CSE及其市場監管機構（該術語在CSE政策中定義）均不對本新聞稿的充分性或準確性承擔責任。
Not for distribution to United States newswire services or for dissemination in the United States.
不用於分發給美國新聞通訊社或在美國傳播。
Figure 1. Plan view of the drilling target area, drill holes (past and current), and modeled mineralization with gravity-horizontal gradient
圖 1。鑽探目標區域、鑽孔（過去和現在）以及具有水平重力梯度的建模礦化的平面視圖
譯文內容由第三人軟體翻譯。