Stinger Resources Announces Option Agreement Update and Exploration on the Silver Side Property in British Columbia
Stinger Resources Announces Option Agreement Update and Exploration on the Silver Side Property in British Columbia
Cardston, Alberta--(Newsfile Corp. - August 15, 2022) - Stinger Resources Inc. (TSXV: STNG) (OTCQB: STNRF) ("the Corporation") ("Stinger") is pleased to report updates on the status of its option agreement and subsequent exploration on the Silver Side property ("the Property") located in central British Columbia approximately 20 km north of Clearwater.
卡德斯頓，艾伯塔省-(Newsfile Corp.-2022年8月15日)-Stinger Resources Inc.(多倫多證券交易所代碼：STNG)(OTCQB：STNRF)(“The Corporation”)(“Stinger”)很高興報告其期權協議的最新情況，以及位於不列顛哥倫比亞省中部、清水以北約20公里的Silver Side地產(“該地產”)的後續勘探情況。
Due to the present challenging junior exploration market, the prior Silver Side option agreement has been re-negotiated resulting in very favorable terms for Stinger. The new option terms are as follows:
由於目前初級勘探市場充滿挑戰，先前的Silver Side期權協議已重新談判，從而為Stinger提供了非常有利的條款。新的期權條款如下：
The optionor grants the right to Stinger to earn an undivided 100% interest in the Property, subject to a 3% net smelter returns royalty ("NSR") on all base metals, precious metals, rare earth elements, and gems. The full NSR may be purchased at any time by Stinger for $500,000 cash per each one percent purchased.
期權授予Stinger權利賺取該物業100%的不可分割權益，但須就所有賤金屬、貴金屬、稀土元素及寶石收取3%的冶煉廠淨收益(“NSR”)。Stinger可以隨時以每購買百分之一500,000美元的現金購買完整的NSR。
Stinger paid the Optionor $5,000 in cash upon signing the new revised agreement.
在簽署新的修訂協議時，Stinger向Optionor支付了5000美元的現金。
Stinger will conduct enough assessment work in 2022 to keep the property claims in good standing until at least August 1, 2023.
Stinger將在2022年進行足夠的評估工作，至少在2023年8月1日之前保持財產索賠的良好狀態。
During the year 2023, Stinger will conduct enough assessment work to keep the property claims in good standing until at least August 1, 2024.
在2023年，Stinger將進行足夠的評估工作，以保持財產索賠的良好狀態，至少到2024年8月1日。
On or before August 1, 2024, Stinger will pay to the optionor $30,000 in cash.
在2024年8月1日或之前，Stinger將向Optionor支付3萬美元現金。
Stinger shall be permitted to accelerate any of the cash payments or exploration work commitment amounts listed above and all such payments and work commitments shall be cumulative meaning that any cash payments or work commitment expenditures that exceed the specific obligations for any given time period shall carry forward and be applied to future obligations.
應允許Stinger加速上述任何現金付款或勘探工作承諾額，所有此類付款和工作承諾應是累積性的，這意味着任何給定時間段內超出特定債務的任何現金付款或工作承諾支出應結轉並用於未來的債務。
Stinger shall be the operator of the Property.
託管人應為物業的運營者。
The Corporation also reports that a geological team has now commenced prospecting along with an associated geochemical sampling program at the Property.
該公司還報告説，一個地質小組現已開始在該物業進行勘探和相關的地球化學採樣計劃。
About Stinger Resources
關於Stinger Resources
Stinger holds interests in gold and silver properties in British Columbia, including the 100% owned past producing Dunwell Mine which is located near Stewart in the prolific "Golden Triangle".
Stinger在不列顛哥倫比亞省的黃金和白銀礦產中持有權益，包括過去生產Dunwell礦的100%所有權，該礦位於多產的“金三角”斯圖爾特附近。
In addition, Stinger owns the Gold Hill project located near Fort Steele, as well as optioned interests in the Ample Goldmax, Silver Side and Glitter King properties, all of which are located in other prospective areas of the Province of British Columbia.
此外，Stinger擁有位於Fort Steele附近的Gold Hill項目，以及在豐富的GoldMax、Silver Side和Glitter King物業中的期權權益，所有這些物業都位於不列顛哥倫比亞省的其他潛在地區。
For further information please contact Kelvin Burton at:
欲瞭解更多信息，請聯繫凱爾文·伯頓，電話：
Phone: 587-271-0999
電話：587-271-0999
Email: kburton@stingerresources.com
電子郵件：kburton@stingerresource ces.com
Further information about Stinger can be found on its website at:
有關Stinger的更多信息，請訪問其網站：
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。
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譯文內容由第三人軟體翻譯。