White Metal Resources Corp. Options the Iris Lake and Vanguard Properties to Goldshore Resources Corp.
White Metal Resources Corp. Options the Iris Lake and Vanguard Properties to Goldshore Resources Corp.
Thunder Bay, Ontario--(Newsfile Corp. - July 7, 2022) - White Metal Resources Corp. (TSXV: WHM) (FSE: CGK1) (OTC Pink: TNMLF) ("White Metal" or the "Company") is pleased to announce that it has completed an agreement (the "Goldshore Agreement") to option the Iris Lake and Vanguard properties (the "Project" or "Property"), located in the Shebandowan Greenstone Belt ("SGB") in northwestern Ontario, to Goldshore Resources Corp. ("Goldshore").
安大略省桑德灣-(Newsfile Corp.-2022年7月7日)-白色金屬資源公司(多倫多證券交易所股票代碼:WHM)(場外交易代碼:CGK1)(場外交易代碼:TNMLF)(“白色金屬”或“公司”)欣然宣佈,已完成一項協議(“Goldshore協議”),將位於安大略省西北部Sheband owan Greenstone帶(“SGB”)的Iris Lake及Vanguard礦產(“該項目”或“物業”)出售予Goldshore Resources Corp.(“Goldshore”)。
Goldshore can earn a 75% interest in the Property by:
Goldshore可以通過以下方式獲得該物業75%的權益:
Making total cash payments of $110,000 over a three (3) year term paid as follows:
在三(3)年內支付總額為110,000美元的現金,支付方式如下:
$10,000 within five days of receipt of TSX Venture Exchange approval (the "Effective Date");
$20,000 on or before the 12-month anniversary of the Effective Date;
$30,000 on or before the 24-month anniversary of the Effective Date and
$50,000 on or before the 36-month anniversary of the Effective Date.
自收到多倫多證券交易所創業板批准之日起五天內(“生效日期”)10,000美元;
在生效日期12個月週年當日或之前支付20000美元;
$30,000在生效日期的24個月週年當日或之前及
在生效日期的36個月週年日或之前為50,000美元。
Issuing 1,500,000 common shares of Goldshore as follows:
發行1,500,000股Goldshore普通股如下:
300,000 shares within five days of the Effective Date;
300,000 shares on or before the 12-month anniversary of the Effective Date;
400,000 shares on or before the 24-month anniversary of the Effective Date and
500,000 shares on or before the 36-month anniversary of the Effective Date.
自生效之日起五日內發行30萬股;
在生效之日起12個月當日或之前發行30萬股;
在生效日期24個月週年當日或之前400,000股,以及
在生效日期36個月週年當日或之前的500,000股。
Incurring exploration expenditures of not less than $1,650,000 as follows:
產生不少於1650000美元的勘探支出如下:
$100,000 on or before the 6-month anniversary of the Effective Date;
$200,000 on or before the 12-month anniversary of the Effective Date;
$600,000 on or before the 24-month anniversary of the Effective Date and
$750,000 on or before the 36-month anniversary of the Effective Date.
生效之日起6個月或之前為100,000美元;
在生效日期12個月週年當日或之前支付200 000美元;
$600,000在生效日期的24個月週年當日或之前及
生效日期36個月週年當日或之前的75萬美元。
Wes Hanson, CEO of White Metal Resources notes: "I am very pleased to announce our agreement with Goldshore on the Iris Lake and Vanguard properties. Goldshore's interest in these properties supports our view that the Shebandowan Greenstone Belt is a fertile environment for the discovery of additional gold deposits. This transaction allows our shareholders to participate in future upside at Iris Lake and Vanguard while we focus on advancing our flagship Tower Mountain project located 60 kilometres to the east. We believe Goldshore is ideally positioned to crystalize this exploration opportunity as they are actively drilling the adjacent Moss Lake property. They have drills available, a team in place and the geological knowledge to most effectively explore both properties. At the same time, it allows us to continue to advance the Tower Mountain project where exploration to date has returned very encouraging results, suggesting the potential for a second large tonnage, low-grade discovery in the Shebandowan belt."
白色金屬資源公司首席執行官韋斯·漢森表示:“我非常高興地宣佈,我們與Goldshore就愛麗斯湖和先鋒地產達成了協議。Goldshore對這些資產的興趣支持了我們的觀點,即謝班多萬綠巖帶是發現更多金礦的肥沃環境。這筆交易允許我們的股東參與未來在Iris Lake和Vanguard的上漲,同時我們專注於推進我們位於東面60公里處的旗艦塔山項目。我們相信,Goldshore是實現這一勘探機會的理想位置,因為他們正在積極鑽探鄰近的Moss Lake地產。他們有鑽頭可用,有一支到位的團隊,以及最有效地勘探這兩處房產的地質知識。同時,它使我們能夠繼續推進塔山項目,到目前為止,該項目的勘探取得了非常令人鼓舞的結果,這表明在謝班多萬地帶有可能發現第二個大噸位、低品位的礦藏。“
About the Tower Mountain Gold Project
關於塔山黃金項目
The Tower Mountain Gold Project is located 5 km off of the Trans-Canada highway, 50 km west of the port city of Thunder Bay, Ontario and consists of unpatented and patented lands totalling 1,968 hectares. Exploration to date suggests the Property may host a large gold endowment. Gold mineralization is widespread and drilling to date has identified low-grade gold mineralization extending outward for at least 500 metres from a central alkalic intrusion. Diamond drilling has established persistent gold grades from 0.1 to 1.0 g/t Au along a 1,500 meter long x 500 metre wide x 500 metre deep block of volcanic-volcanoclastic rocks immediately west and adjacent to the the Tower Mountain Intrusive Complex ("TMIC"). The TMIC is an alkalic intrusion that is interpreted to be synchronous with the gold mineralization identified to date. The remaining perimeter around the TMIC, measuring approximately 6000 metres in strike length, is untested.
塔山黃金項目位於跨加拿大駭維金屬加工5公里處,安大略省港口城市桑德貝以西50公里處,由非專利和專利土地組成,總面積為1,968公頃。到目前為止的勘探表明,該地產可能擁有一大筆黃金捐贈。金礦化很普遍,鑽探迄今已發現從中央鹼性侵入體向外延伸至少500米的低品位金礦化。鑽石鑽探發現,沿着緊靠塔山侵入雜巖(“塔山”)西側、長1,500米、寬500米、深500米的火山-火山碎屑巖塊,金品位從0.1克/噸到1.0克/噸不等。TMIC是一種鹼性侵入體,被解釋為與迄今已發現的金礦化同步。TMIC周圍其餘部分的罷工長度約為6000米,未經測試。
Qualified Person
有資格的人
Technical information in this news release has been reviewed and approved by Wes Hanson (P.Geo.), President and CEO of White Metal, who is a Qualified Person under the definitions established by NI 43-101.
本新聞稿中的技術信息已由Wes Hanson(P.Geo.)、總裁和White Metals首席執行官審核和批准,根據NI 43-101的定義,他是一名合格人員。
About White Metal Resources Corp.
關於白色金屬資源公司
White Metal Resources Corp. is a junior exploration company exploring in Canada and southern Africa. The Company's flagship property is the Tower Mountain Gold Project in Thunder Bay, Ontario, Canada.
白色金屬資源公司是一家在加拿大和南部非洲勘探的初級勘探公司。該公司的旗艦物業是位於加拿大安大略省桑德灣的塔山黃金項目。
For more information about White Metal Resources and our Tower Mountain Project please visit
欲瞭解更多有關白色金屬資源和我們的塔山項目的信息,請訪問
On behalf of the Board of Directors
我謹代表董事會
"Wes Hanson" President and CEO
"韋斯·漢森:總裁與首席執行官
For further information contact:
如需進一步信息,請聯繫:
Wes Hanson, President and CEO
White Metal Resources
+1-647-202-7686
wes.hanson@me.com
韋斯·漢森、總裁和首席執行官
白色金屬資源
+1-647-202-7686
郵箱:wes.hanson@me.com
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多倫多證券交易所創業板交易所尚未對本新聞稿的充分性或準確性進行審查,也不承擔責任
The information contained herein contains "forward-looking statements" within the meaning of applicable securities legislation. Forward-looking statements relate to information that is based on assumptions of management, forecasts of future results, and estimates of amounts not yet determinable. Any statements that express predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance are not statements of historical fact and may be "forward-looking statements."
本文中包含的信息包含適用證券法所指的“前瞻性陳述”。前瞻性陳述涉及基於管理層假設、對未來業績的預測以及對尚未確定的數額的估計的信息。任何表達預測、期望、信念、計劃、預測、目標、假設或未來事件或業績的陳述都不是歷史事實的陳述,可能是“前瞻性陳述”。
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要查看本新聞稿的源版本,請訪問
譯文內容由第三人軟體翻譯。