Stinger Resources Announces Newly Negotiated Glitter King Property Option Agreement and Commencement of Exploration Program
Stinger Resources Announces Newly Negotiated Glitter King Property Option Agreement and Commencement of Exploration Program
Cardston, Alberta--(Newsfile Corp. - August 17, 2022) - Stinger Resources Inc. (TSXV: STNG) ("the Corporation") ("Stinger") is pleased to report that it has negotiated new terms for the option agreement to earn 100% of the Glitter King property ("the Property") located in western British Columbia located approximately 90 kilometers southeast of Prince Rupert on Pitt Island.
卡德斯頓，艾伯塔省-(Newsfile Corp.-2022年8月17日)-Stinger Resources Inc.(多倫多證券交易所代碼：STNG)(“The Corporation”)(“Stinger”)很高興地報告，它已經就期權協議的新條款進行了談判，以獲得位於不列顛哥倫比亞省西部、皮特島上魯珀特王子東南約90公里處的Glitter King財產(“該財產”)的100%權益。
In addition, the Corporation is reporting that an exploration program on the Property consisting of prospecting, detailed sampling of mineralized zones, as well as identifying specific drill sites commenced today.
此外，該公司報告説，今天開始了對該礦產的勘探計劃，包括勘探、礦化區詳細採樣以及確定特定鑽探地點。
Stinger Resources President and CEO Darren Blaney remarks, "During these challenging market conditions our management team will continue to pursue value creating opportunities that will best position Stinger and our shareholders for the coming bullish metals markets. The opportunity to renegotiate the terms of our option agreement has allowed for cost effective and prospective planning for exploration and advancement of the property. Current exploration efforts will allow us to gain valuable insights into our project and better prepare for the next stages."
毒刺資源總裁和首席執行官達倫·布萊尼致辭在這些具有挑戰性的市場條件下，我們的管理團隊將繼續尋求創造價值的機會，這些機會將使Stinger和我們的股東在即將到來的看漲金屬市場中處於最佳地位。重新談判我們期權協議條款的機會使我們能夠進行具有成本效益和前瞻性的勘探和推進規劃。目前的勘探工作將使我們能夠對我們的項目獲得有價值的見解，併為下一階段做好更好的準備。
The present challenges the junior exploration market is facing has allowed for the prior Glitter King option agreement to be re-negotiated, resulting in very favorable terms for Stinger. The new option terms are as follows:
初級勘探市場目前面臨的挑戰使得先前的Glitter King期權協議得以重新談判，從而為Stinger帶來了非常有利的條款。新的期權條款如下：
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。
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"). The full NSR may be purchased at any time by Stinger for $500,000 cash per each one percent purchased.
認購人授予Stinger權利賺取該物業100%的不可分割權益，但須收取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 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。
For more information on the Glitter King Property click here.
欲瞭解更多關於閃光大王酒店的信息，請點擊此處。
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 100% of the Gold Hill project located near Fort Steele.
此外，Stinger還擁有位於斯蒂爾堡附近的Gold Hill項目的100%權益。
The Corporation also has 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.
該公司還擁有豐富的GoldMax、Silver Side和Glitter King物業的選擇權，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。
To view the source version of this press release, please visit
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。