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Magna Terra Commences an Expansion Drill Program on the Rattling Brook Deposit at the Great Northern Project, Newfoundland

Magna Terra Commences an Expansion Drill Program on the Rattling Brook Deposit at the Great Northern Project, Newfoundland

麥格納土地公司開始在紐芬蘭大北方項目的Rattling Brook礦藏進行擴張鑽探計劃
Accesswire ·  2021/11/04 20:06

TORONTO, ON / ACCESSWIRE / November 4, 2021 / Magna Terra Minerals Inc. (the "Company" or "Magna Terra") (TSXV:MTT) is pleased to announce that it has started a 1,000 metre diamond drilling program (the "Drill Program") designed to test specific opportunities to expand the Rattling Brook Deposit (the "Deposit") on its 100% owned Great Northern Project ("Great Northern"), located in western Newfoundland (Exhibit A). The targets were generated based on recent mapping and prospecting programs as well as a comprehensive review of historic data, which identified the Apsy Feeder Zone - a previously untested mineralized structure that is continuous with, and northwest of the Deposit. The Drill Program will specifically test the relationship between the Apsy Feeder Zone and the area where it intersects the Deposit over 250 metres of strike with the goal of expanding mineralization (Exhibit B).

多倫多,on/ACCESSWIRE/2021年11月4日/Magna Terra Minerals Inc.(以下簡稱“公司”或“Magna Terra”)(多倫多證券交易所股票代碼:MTT)高興地宣佈,該公司已啟動一項1000米長的鑽石鑽探計劃(“鑽探計劃”),旨在測試擴大其全資擁有的大北方項目(“大北方”)上的Rattling Brook礦藏(“礦藏”)的具體機會。該項目位於紐芬蘭西部(以下簡稱“大北方”)。附件A)。這些目標是基於最近的測繪和勘探計劃以及對歷史數據的全面審查而產生的,這些數據確定了Apsy饋送帶-這是一個以前未經過測試的礦化結構,與礦牀連續,位於礦牀的西北部。鑽探計劃將專門測試Apsy給礦帶與其與礦牀相交超過250米走向的區域之間的關係,目的是擴大礦化(附件B).

Previous (1986 to 2007) select drill intercepts (core length) that partly define the Rattling Brook Deposit include:

以前(1986至2007)選擇的鑽頭截距(巖心長度)部分定義了Rattling Brook礦牀,包括:

  • 1.77 g/t grams per tonne ("g/t") gold over 74.4 metres (2.3 to 76.7 metres; estimated true thickness ("TT") 60 metres), including 3.25 g/t gold over 22.7 metres in drill hole JA-05-35;
  • 1.13 g/t gold over 115.7 metres (45.0 to 160.7 metres; TT 70 metres) in drill hole JA-05-36;
  • 1.40 g/t gold over 84.6 metres (10.5 to 95.1 metres; TT 80 metres), including 8.62 g/t gold over 2.5 metres in drill hole JA-06-46;
  • 1.28 g/t gold over 75.6 metres (1.0 to 76.6 metres; TT 70 metres) in drill hole JA-06-53;
  • 3.92 g/t gold over 7.9 metres (112.6 to 120.5 metres; TT 5 metres), including 10.0 g/t gold over 1.4 metres in drill hole JA-06-60;
  • 1.01 g/t gold over 66.4 metres (15.5 to 81.9 metres; TT 60 metres) in drill hole JA-07-73;
  • 1.22 g/t gold over 56.5 metres (61.0 to 117.5 metres; TT 50 metres) in drill hole RB-30;
  • 1.07 g/t gold over 68.0 metres (115.6 to 183.6 metres; TT 60 metres), including 8.84 g/t gold over 1.0 metres in drill hole RB-40; and
  • 1.02 g/t gold over 66.5 metres (3.0 to 69.5 metres; TT 65 metres), including 7.86 g/t gold over 1.4 metres in drill hole JA-05-38.
  • 74.4米(2.3至76.7米;估計真實厚度(TT)60米)以上的黃金每噸1.77克(“克/噸”),包括JA-05-35鑽孔中22.7米以上的3.25克/噸黃金;
  • JA-05-36鑽孔115.7米(45-160.7米;TT 70米)以上的黃金1.13g/t;
  • 84.6米以上(10.5~95.1米;TT 80米)含金1.40克/噸,其中JA-06-46鑽孔含金8.62克/噸,含金2.5米以上;
  • JA-06-53鑽孔黃金1.28g/t,超過75.6米(1.0~76.6米;TT 70米);
  • 7.9m(112.6-120.5米;TT5米)以上3.92g/t黃金,包括JA-06-60鑽孔1.4m以上10.0g/t黃金;
  • JA-07-73鑽孔含金1.01g/t,超過66.4米(15.5~81.9米;TT 60米);
  • RB-30鑽孔56.5m(61.0~117.5米;TT50米)以上含金1.22g/t;
  • 68米以上(115.6至183.6米;TT 60米)/噸黃金1.07g/t,包括RB-40鑽孔1.0米以上的8.84g/t黃金;以及
  • 66.5米(3.0至69.5米;TT 65米)以上的1.02克/噸黃金,包括JA-05-38鑽孔1.4米以上的7.86克/噸黃金。

"We are excited to be back drilling at Great Northern with the goal of testing priority exploration targets that we have developed since acquiring the project in mid-2020. This first 1,000-metre Drill Program will focus on expanding mineral resources at the Apsy Zone of the Rattling Brook Deposit by testing the Apsy Feeder Zone - a recently recognized area of surface mineralization located adjacent to the Deposit. Surface exposure indicates that the Apsy Feeder Zone is a significant fault structure that may act as feeder zone to broader disseminated gold within the Deposit. The current Drill Program is the next step in Magna Terra's focus to grow the resource base at Great Northern via expansion of existing resources and the discovery of new gold deposits outside of the resource areas within this highly prospective gold project."

他説:“我們很高興能夠重返Great Northern鑽探,目標是測試我們自2020年年中收購該項目以來開發的優先勘探目標。第一個1,000米長的鑽探計劃將通過測試Apsy供給區(最近發現的一個與礦藏相鄰的地表礦化區),重點擴大Rattling Brook礦藏Apsy區的礦產資源。地表暴露表明,Apsy饋送帶是一條重要的斷裂構造,可作為礦牀內更廣泛地浸染金的饋送帶。目前的鑽探計劃是麥格納土地公司通過擴大現有資源和在這個極具前景的金礦項目的資源區以外發現新的金礦來擴大Great Northern的資源基礎的下一步。“

~ Lew Lawrick, President and CEO, Magna Terra Minerals Inc.

~Lew Lawrick,Magna Terra Minerals Inc.總裁兼首席執行官

The Rattling Brook Deposit contains a NI 43-101 Inferred Mineral Resource^ comprising 255,000 ounces at 1.45 g/t gold (5,460,000 tonnes) and is hosted along a 5-kilometre section of the larger Doucers Valley Fault. The Deposit is hosted within three zones, the Apsy, Road and Beaver Dam Zones, that are open for expansion at depth and along strike. A key controlling feature that has been identified are northwest and east-west striking fault zones that are thought to be potentially higher-grade feeder zones to the Rattling Brook Deposit. Several of these fault zones are not tested and drilling outside of the immediate resource area is sparse.

Rattling Brook礦牀含有NI 43-101推斷礦產資源^,含255,000盎司,含金量為1.45克/噸(5,460,000噸),賦存於較大的Doucers Valley斷層5公里處。礦藏位於三個區域內,Apsy,Road和Beaver Dam區域,這三個區域對深度和沿走向的擴張都是開放的。已確定的一個關鍵控制特徵是西北和東西走向斷裂帶,這些斷裂帶被認為是Rattling Brook礦牀潛在的更高品位的饋送帶。其中幾個斷裂帶沒有經過測試,在緊鄰資源區以外的鑽探很少。

About the Great Northern and Viking Projects
The Great Northern and Viking Projects comprise two separate claim blocks (13,775 hectares) that are located near the communities of Sops Arm, Pollard's Point and Jackson's Arm, NL.

關於偉大的北方和北歐海盜計劃大北方和維京項目包括兩個獨立的索賠區塊(13775公頃),分別位於波拉德點(Pollard‘s Point)的SOPS ARM和內華達州傑克遜的ARM社區附近。

The Projects are centered along a 20-kilometre section of the Doucer's Valley Fault, a significant geological control on, and host to, several gold deposits and untested prospects, including the Rattling Brook and Thor Deposits, Jacksons Arm, Little Davis Pond, and Viking Trends and the Incinerator Trail Zone. Gold mineralization is hosted within a variety of rock types that include Precambrian or Ordovician granites, or younger volcanic and sedimentary rocks, typically along splays off the Doucer's Valley Fault. Alteration consists of mesothermal style quartz ± iron carbonate ± sulfide veins and stockworks with 2 to 5% total sulfides consisting of pyrite, galena, chalcopyrite or sphalerite, and locally show trace amounts of visible gold.

這些項目集中在道賽爾山谷斷層20公里的一段,這裏是幾個金礦和未經測試的金礦牀的重要地質控制區,也是其所在地,包括Rattling Brook和Thor礦牀、Jacksons Arm、Little Davis Pond、Viking Trends和焚化爐步行區。金礦化賦存於各種巖石類型中,包括前寒武紀或奧陶紀花崗巖,或更年輕的火山巖和沉積巖,通常沿着道賽爾山谷斷層附近的展布。蝕變由中熱型石英+碳酸鐵+硫化物脈體和網脈組成,總硫化物含量為2~5%,由黃鐵礦、方鉛礦、黃銅礦或閃鋅礦組成,局部顯示微量可見金。

The Great Northern and Viking Projects are host to significant Current and Historic Mineral Resources, including:

大北方和維京項目擁有重要的當前和歷史礦產資源,包括:

  • An Inferred Mineral Resource Estimate^ of 5,460,000 tonnes at an average grade of 1.45 g/t gold containing 255,000 contained ounces at a cut-off grade of 1.0 g/t gold at the Rattling Brook Deposit; and
  • An Historical Indicated Mineral Resource^^ of 937,000 tonnes at an average grade of 2.09 g/t gold containing 63,000 ounces of gold plus an Historical Inferred Mineral Resource of 350,000 tonnes at an average grade of 1.79 g/t gold containing 20,000 ounces of gold at a cut-off grade of 1.0 g/t gold at the Thor Deposit.
  • Rattling Brook礦牀的推斷礦產資源量估計為546萬噸,平均品位為1.45g/t黃金,含金量為255000盎司,截止品位為1.0g/t黃金;以及
  • 歷史指示礦產資源量^^為937,000噸,平均品位為2.09克/噸黃金,含金63,000盎司;歷史推斷礦產資源量為350,000噸,平均品位為1.79克/噸黃金,含金量為20,000盎司,截止品位為1.0克/噸黃金。

Mineral Resources are not Mineral Reserves and do not have demonstrated economic viability. All Mineral Resource Estimates were prepared in accordance with NI 43-101 and the CIM Standards (2014). Please refer to the NI 43-101 Technical Report with effective date January 23, 2019 by Harrington and Cullen (2019) as detailed below for the Great Northern Project and the NI 43-101 Technical Report with effective date August 29, 2016 by Copeland et al. (2016). An Independent Qualified Person has not carried out sufficient work to classify the Thor Historical Mineral Resource Estimate as current and Magna Terra is not considering this Mineral Resource Estimate to be current. Magna Terra considers the Thor Deposit to have potential for expansion that will be addressed by the Company in future exploration programs. See further details on Technical Reports below.

礦產資源不是礦產儲量,沒有證明的經濟可行性。所有礦產資源估算均根據NI 43-101和CIM標準(2014)編制。請參考Harrington和Cullen(2019年1月23日)的NI 43-101技術報告(生效日期為2019年1月23日),具體內容如下:大北方項目的NI 43-101技術報告(生效日期為2016年8月29日)和Copeland等人的NI 43-101技術報告(生效日期為2016年8月29日)。(2016)。一名獨立合資格人士並未進行足夠的工作以將雷神歷史礦產資源評估歸類為當前,而麥格納土地並不認為該礦產資源評估為當前評估。Magna Terra認為雷神礦藏具有擴張潛力,公司將在未來的勘探計劃中加以解決。有關技術報告的更多詳細信息,請參閲下面的內容。

Pandemic Considerations
The Company has critically considered logistical matters given the ongoing COVID-19 pandemic, to ensure that this Exploration Program and all future programs are executed in a way that ensures the absolute health and safety of our personnel, contractors, and the communities where we operate.

大流行的考慮因素鑑於新冠肺炎大流行的持續,公司已經慎重考慮了後勤問題,以確保本勘探計劃和未來所有計劃的執行方式確保我們的人員、承包商和我們運營的社區的絕對健康和安全。

Qualified Person and Technical Reports
This news release has been reviewed and approved by David A. Copeland, P. Geo., Chief Geologist with Anaconda Mining Inc., a "Qualified Person", under National Instrument 43-101 - Standard for Disclosure for Mineral Projects.

合格人員和技術報告根據National Instrument 43-101-礦物項目披露標準,本新聞稿已由蟒蛇礦業公司的首席地質學家David A.Copeland,P.Geo根據National Instrument 43-101-礦物項目披露標準進行審查和批准。

^The Mineral Resource Estimate quoted in this press release regarding the Great Northern Project refers to the technical report: "NI 43-101 Technical Report and Updated Mineral Resource Estimate on the Rattling Brook Gold Deposit, Great Northern Project, White Bay Area, Newfoundland, Canada", (the "Great Northern Report") with an effective date of January 23, 2019, and authored by Matthew Harrington, P.Geo. (Independent Qualified Person) and Michael Cullen, P.Geo. (Independent Qualified Person).

本新聞稿中引用的關於大北方項目的礦產資源估算是指由Matthew Harrington,P.Geo撰寫、生效日期為2019年1月23日的技術報告:“加拿大紐芬蘭白灣區大北方項目碎石溪金礦NI 43-101技術報告及最新礦產資源估算”(“The Great Northern Report”)。(獨立合格人士)和Michael Cullen,P.Geo(獨立合資格人士)。

^^The Historical Mineral Resource Estimate quoted in this press release regarding the Viking Project (Thor Deposit) is taken from the technical report: "NI 43-101 Technical Report And Mineral Resource Estimate For The Thor Deposit, Viking Project, White Bay Area, Newfoundland and Labrador, Canada, Latitude 49o 42′ N Longitude 57o 00′ W" prepared for Anaconda Mining Inc. by David A. Copeland, P.Geo., Dr. Shane Ebert, P. Geo. and Gary Giroux, P. Eng. M.ASc., August 29, 2016. An Independent Qualified Person has not carried out sufficient work to classify the Thor Historical Mineral Resource Estimate as current and Magna Terra is not considering this Mineral Resource Estimate to be current. Magna Terra considers the Thor Deposit to have potential for expansion that will be addressed by the Company in future exploration programs.

^^本新聞稿中引用的有關維京項目(雷神礦牀)的歷史礦產資源評估摘自技術報告:“NI 43-101雷神礦牀技術報告和礦產資源評估,維京項目,白灣地區,紐芬蘭和拉布拉多,加拿大,緯度49o北緯42‘,北緯57o00‘W“由David A.Copeland,P.Geo,Dr.Shane Ebert,P.Geo.和Gary Giroux,P.Eng,M.ASC.,2016年8月29日為蟒蛇礦業公司編制。獨立合格人士尚未進行足夠的工作,將雷神歷史礦產資源量估計歸類為當前,麥格納Terra認為該礦產資源量估計不是當前的。麥格納Terra認為雷神礦藏具有擴張潛力,本公司將在未來的勘探計劃中處理這一問題。

About Magna Terra
Magna Terra Minerals Inc. is a precious metals focused exploration company, headquartered in Toronto, Canada. Magna Terra owns three district-scale, advanced gold exploration projects in the world class mining jurisdictions of New Brunswick and Newfoundland and Labrador. Further, the Company maintains a significant exploration portfolio in the province of Santa Cruz, Argentina which includes its precious metals discovery on its Luna Roja Project, as well as an extensive portfolio of district scale drill ready projects available for option or joint venture.

關於麥格納土地Magna Terra Minerals Inc.是一家專注於貴金屬的勘探公司,總部設在加拿大多倫多。Magna Terra在新不倫瑞克、紐芬蘭和拉布拉多這三個世界級礦業轄區擁有三個地區規模的先進金礦勘探項目。此外,公司在阿根廷聖克魯斯省擁有重要的勘探組合,包括在露娜Roja項目中發現貴金屬,以及可供選擇或合資的地區規模鑽探準備項目的廣泛組合。

Forward-Looking Statements
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.

前瞻性陳述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政策中定義)均不對本新聞稿的充分性或準確性承擔責任。

Cautionary Statements Regarding Forward-Looking Information
Some statements in this release may contain forward-looking information. All statements, other than of historical fact, that address activities, events or developments that the Company believes, expects or anticipates will or may occur in the future (including, without limitation, statements regarding potential mineralization) are forward-looking statements. Forward-looking statements are generally identifiable by use of the words "may", "will", "should", "continue", "expect", "anticipate", "estimate", "believe", "intend", "plan" or "project" or the negative of these words or other variations on these words or comparable terminology. Forward-looking statements are subject to a number of risks and uncertainties, many of which are beyond the Company's ability to control or predict, that may cause the actual results of the Company to differ materially from those discussed in the forward-looking statements. Factors that could cause actual results or events to differ materially from current expectations include, among other things, without limitation, failure to establish estimated mineral resources, the possibility that future exploration results will not be consistent with the Company's expectations, changes in world gold markets or markets for other commodities, and other risks disclosed in the Company's public disclosure record on file with the relevant securities regulatory authorities. Any forward-looking statement speaks only as of the date on which it is made and except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking statement.

有關前瞻性信息的警告性聲明本新聞稿中的一些陳述可能包含前瞻性信息。除歷史事實外,所有涉及公司相信、預期或預期未來將發生或可能發生的活動、事件或發展的陳述(包括但不限於有關潛在礦化的陳述)均為前瞻性陳述。前瞻性陳述一般可以通過使用“可能”、“將”、“應該”、“繼續”、“預期”、“預期”、“估計”、“相信”、“打算”、“計劃”或“項目”或這些詞語的否定或這些詞語或類似術語的其他變體來識別。前瞻性陳述會受到許多風險和不確定因素的影響,其中許多風險和不確定性超出了公司的控制或預測能力,可能會導致公司的實際結果與前瞻性陳述中討論的大不相同。可能導致實際結果或事件與當前預期大不相同的因素包括但不限於未能確定估計的礦產資源,未來勘探結果與公司預期不一致的可能性,世界黃金市場或其他商品市場的變化,以及公司向相關證券監管機構提交的公開披露記錄中披露的其他風險。任何前瞻性陳述僅在作出之日發表,除非適用的證券法另有要求,否則公司沒有任何更新任何前瞻性陳述的意圖或義務。

FOR FURTHER INFORMATION PLEASE CONTACT:
Magna Terra Minerals Inc.
Lewis Lawrick
President and CEO, Director
647-478-5307
Email: info@magnaterraminerals.com
Website: www.magnaterraminerals.com

如需更多信息,請聯繫:麥格納土地礦業公司(Magna Terra Minerals Inc.)劉易斯·勞裏克總裁兼首席執行官、董事647-478-5307電子郵件:info@magaterraminals.com網址:www.magaterraminals.com

Exhibit A: Significant Gold Exploration Targets at the Rattling Brook Deposit and Jacksons Arm Trend.

附件A:Rattling Brook礦藏和Jacksons ARM趨勢的重要金礦勘探目標。

Exhibit B: Plan Map of Select Drill Intercepts (core length), Mineral Resource Areas and Exploration Targets, Rattling Brook Deposit Area, Great Northern Project.

附件B:選擇鑽探截距(巖心長度)、礦產資源區和勘探目標平面圖、搖擺溪礦牀區、大北方工程。

SOURCE: Magna Terra Minerals Inc.

資料來源:麥格納土地礦業公司(Magna Terra Minerals Inc.)


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