Graycliff Exploration Releases Remaining Phase Three Drilling Results at Shakespeare Gold Project
Graycliff Exploration Releases Remaining Phase Three Drilling Results at Shakespeare Gold Project
Toronto, Ontario--(Newsfile Corp. - September 20, 2022) - Graycliff Exploration Limited (CSE: GRAY) (OTCQB: GRYCF) (FSE: GE0) (the "Company" or "Graycliff") is pleased to release the final batch of assay results from the Phase Three drilling program at its Shakespeare Gold Project located on the Canadian Shield near Sudbury, Ontario. Phase Three (see press release dated June 3, 2021) focused on expanding on the extent of gold mineralization proximal to the historic Miller Shaft where initial gold mining took place more than 100 years ago.
安大略省多倫多--（Newsfile Corp.——2022 年 9 月 20 日）— Graycliff Exploration Limited（CSE：GRYCF）（FSE：GE0）（the”公司“或”格雷克利夫“）很高興發佈位於安大略省薩德伯裏附近的加拿大盾牌上的莎士比亞黃金項目第三階段鑽探計劃的最後一批化驗結果。第三階段（見2021年6月3日的新聞稿）側重於擴大位於歷史悠久的米勒豎井附近的金礦化範圍，最初的金礦開採發生在100多年前。
Drill Hole J-43 intersected 1.29 grams per tonne of gold ("g/t Au") over 5.00 metres ("m"). Significant intervals for Holes J-40 to J-45 are detailed in Table 1.
鑽孔 J-43 在 5.00 米（“m”）上每噸黃金（“g/t Au”）相交 1.29 克。表 1 詳細說明了 J-40 到 J-45 洞的重要間隔。
Figure 1 - Holes J-40 to J-45 Location and Cross Section
圖 1-孔 J-40 到 J-45 的位置和橫截面
"It is normal, particularly where visible gold is frequent, for the grades to vary throughout the drill program and we are happy to have encountered some exceptionally good intercepts throughout Phase Three drilling, but what's even more important is that we continue to extend the zone of mineralization. We are proving that gold is present throughout the zone to over 250 metres below surface. Each phase of drilling is giving us a better understanding of the extent of the vein system we are dealing with and aids us in understanding the gold distribution to help develop the next program. Phase Four drilling is progressing well, and we look forward to updating the market on our progress," said Bruce Durham, Graycliff's Technical Advisor and QP.
“在整個鑽探項目中，金礦品位會有所不同，這是正常現象，尤其是在可見金頻繁出現的地方，我們很高興在第三階段的鑽探中遇到了一些特別好的截獲點，但更重要的是，我們要繼續擴大礦化區域。我們正在證明，黃金存在於整個地表以下 250 米以上的區域。鑽探的每個階段都使我們能夠更好地瞭解我們正在處理的礦脈系統的範圍，並幫助我們瞭解黃金的分佈，從而幫助制定下一個項目。第四階段的鑽探進展順利，我們期待向市場通報我們的最新進展，” 布魯斯·達勒姆，Graycliff 的技術顧問兼總裁。
"As mentioned in our press release of June 7,,2022, we have identified visible gold in multiple holes drilled in Phase 4. We are optimistic about the results from those initial phase four drill holes that we should be able to release in the ensuing weeks," added James Macintosh, President and CEO.
“正如我們在6月7日的新聞稿中提到的那樣，，2022 年，我們在第 4 階段鑽出的多個孔中發現了可見的黃金。我們對最初的第四階段鑽孔的結果持樂觀態度，我們應該能夠在接下來的幾周內發佈這些鑽孔，” 總裁兼首席執行官詹姆斯·麥金託什補充說。
Table 1 - Highlighted Results from Hole J-40 to J-45
表 1-從 J-40 號洞到 J-45 洞的重點結果
| Drill Hole | From (m) | To (m) | Width (m)1 | Au (g/t) 2 |
| J-40 | 83.00 | 85.00 | 2.00 | 1.08 |
| J-41 | 61.00 | 62.00 | 1.00 | 2.27 |
| J-42 | No Significant Intervals | |||
| J-43 | 100.00 | 105.00 | 5.00 | 1.29 |
| J-44 | No Significant Intervals | |||
| J-45 | No Significant Intervals | |||
| 鑽孔 | 從 (m) | 到 (m) | 寬度 (m)1 | 金 (g/t) 2 |
| J-40 | 83.00 | 85.00 | 2.00 | 1.08 |
| J-41 | 61.00 | 62.00 | 1.00 | 2.27 |
| J-42 | 沒有顯著的間隔 | |||
| J-43 | 100.00 | 105.00 | 5.00 | 1.29 |
| J-44 | 沒有顯著的間隔 | |||
| J-45 | 沒有顯著的間隔 | |||
1 Reported intervals are down-hole lengths and not true thicknesses. True width of the mineralization cannot be determined due to the early-stage nature of the current program.
2 Length-weighted average grades are calculated using un-capped gold assay data.
1 報告的間隔是井下長度，而不是實際厚度。由於當前計劃的早期性質，無法確定礦化的真實寬度。
2 長度加權平均等級是使用無上限的黃金分析數據計算得出的。
Summary of Drilling to Date
迄今爲止的鑽探摘要
Throughout the first three phases of drilling, the Company completed approximately 8,000 metres of drilling, with Phase Three achieving its goal of expanding the mineralized zone at depth by approximately 150 m and increasing the width along strike to over 150 m (See Figure 1 and Table 2).
在鑽探的前三個階段，公司完成了大約8,000米的鑽探，第三階段實現了將礦化區深度擴大約150米並將鑽探沿線的寬度增加到150米以上的目標（見圖1和表2）。
Table 2 - Significant Highlights from Holes J-1 to J-45
表 2-從 J-1 號洞到 J-45 洞的重要亮點
| Drill Hole | From (m) | To (m) | Width (m)1 | Au (g/t) 2 |
| 鑽孔 | 從 (m) | 到 (m) | 寬度 (m)1 | 金 (g/t) 2 |
| J-1 | 76.40 | 81.00 | 4.60 | 5.51 |
| including | ||||
| 77.40 | 78.20 | 0.80 | 23.60 | |
| and | ||||
| 79.20 | 81.00 | 1.80 | 3.00 | |
| J-3 | 114.50 | 119.50 | 5.00 | 5.37 |
| including | ||||
| 114.50 | 115.50 | 1.00 | 18.50 | |
| and | ||||
| 118.80 | 119.50 | 0.70 | 4.34 | |
| J-7 | 68.5 | 74.0 | 5.5 | 8.59 |
| including | ||||
| 71.0 | 72.0 | 1.0 | 43.60 | |
| and | ||||
| 73.0 | 74.0 | 1.0 | 1.83 | |
| 82.5 | 84.0 | 1.5 | 6.00 | |
| J-8 | 89.0 | 105.0 | 16.00 | 16.37 |
| including | ||||
| 90.5 | 102.0 | 10.50 | 6.50 | |
| including | ||||
| 102.3 | 103.0 | 0.70 | 90.00 | |
| and | ||||
| 104.0 | 105.0 | 1.00 | 137.00 | |
| Drill Hole | From (m) | To (m) | Width (m)1 | Au (g/t) 2 |
| J-1 | 76.40 | 81.00 | 4.60 | 5.51 |
| 包括 | ||||
| 77.40 | 78.20 | 0.80 | 23.60 | |
| 一個和 | ||||
| 79.20 | 81.00 | 1.80 | 3.00 | |
| J-3 | 114.50 | 119.50 | 5.00 | 5.37 |
| 包括 | ||||
| 114.50 | 115.50 | 1.00 | 18.50 | |
| 一個和 | ||||
| 118.80 | 119.50 | 0.70 | 4.34 | |
| J-7 | 68.5 | 74.0 | 5.5 | 8.59 |
| 包括 | ||||
| 71.0 | 72.0 | 1.0 | 43.60 | |
| 一個和 | ||||
| 73.0 | 74.0 | 1.0 | 1.83 | |
| 82.5 | 84.0 | 1.5 | 6.00 | |
| J-8 | 89.0 | 105.0 | 16.00 | 16.37 |
| 包括 | ||||
| 90.5 | 102.0 | 10.50 | 6.50 | |
| 包括 | ||||
| 102.3 | 103.0 | 0.70 | 90.00 | |
| 一個和 | ||||
| 104.0 | 105.0 | 1.00 | 137.00 | |
| 鑽孔 | 從 (m) | 到 (m) | 寬度 (m)1 | 金 (g/t) 2 |
1 Reported intervals are down-hole lengths and not true thicknesses. True width of the mineralization cannot be determined due to the early-stage nature of the current program.
2 Length-weighted average grades are calculated using un-capped gold assay data.
1 報告的間隔是井下長度，而不是實際厚度。由於當前計劃的早期性質，無法確定礦化的真實寬度。
2 長度加權平均等級是使用無上限的黃金分析數據計算得出的。
Qualified Person
合格人員
Bruce Durham, P.Geo., is a Qualified Person, as that term is defined by Canadian regulatory guidelines under NI 43-101, and has read and approved the technical information contained in this press release.
Bruce Durham，P.Geo.，是合格人員，該術語由加拿大監管準則根據NI 43-101定義，並已閱讀並批准了本新聞稿中包含的技術信息。
QA/QC Protocol: .
質量保證/質量控制協議:.
About Graycliff Exploration Limited
關於 Graycliff 勘探有限公司
Graycliff Exploration is a mineral exploration company focused on its 1,025 hectares of prospective ground, located roughly 80 kilometres west of Sudbury on the prolific Canadian Shield. The Company's Shakespeare Project consists of one crown patented lease, two crown leases and 40 claims on a property associated with the historic Shakespeare Gold Mine, which operated from 1903 to 1907. Graycliff's Baldwin Project is adjacent to the east and is comprised of 68 claims covering 1,500 hectares.
Graycliff Exploration是一家礦產勘探公司，專注於其1,025公頃的潛在土地，位於薩德伯裏以西約80公里處，位於多產的加拿大盾牌上。該公司的莎士比亞項目包括一項皇家專利租約、兩份皇家租賃和40項與歷史悠久的莎士比亞金礦相關的財產的索賠，該金礦於1903年至1907年運營。格雷克利夫的鮑德溫項目毗鄰東部，由68項索賠組成，佔地1,500公頃。
For more information, please contact investor relations at 1-647-249-7664, extension 322 or email investors@graycliffexploration.com.
欲瞭解更多信息，請致電 1-647-249-7664、分機號 322 或發送電子郵件至 investors@graycliffexploration.com 與投資者關係部聯繫。
On Behalf of the Board of Directors,
代表董事會，
James Macintosh
President and CEO
詹姆斯·麥金託什
總裁兼首席執行官
Neither the Canadian Securities Exchange nor its regulation services provider has reviewed or accepted responsibility for the adequacy or accuracy of this press release.
加拿大證券交易所及其監管服務提供商均未對本新聞稿的充分性或準確性進行審查或承擔責任。
This press release may include forward-looking information within the meaning of Canadian securities legislation, concerning the business of the Company. Forward-looking information is based on certain key expectations and assumptions made by the management of the Company. Although the Company believes that the expectations and assumptions on which such forward-looking information is based on are reasonable, undue reliance should not be placed on the forward-looking information because the Company can give no assurance that they will prove to be correct. Forward-looking statements contained in this press release are made as of the date of this press release. The Company disclaims any intent or obligation to update publicly any forward-looking information, whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws.
本新聞稿可能包括加拿大證券立法所指的與公司業務有關的前瞻性信息。前瞻性信息基於公司管理層做出的某些關鍵預期和假設。儘管公司認爲此類前瞻性信息所依據的預期和假設是合理的，但不應過分依賴前瞻性信息，因爲公司無法保證這些信息會被證明是正確的。本新聞稿中包含的前瞻性陳述自本新聞稿發佈之日起作出。除適用的證券法要求外，公司不打算或有義務公開更新任何前瞻性信息，無論是由於新信息、未來事件或業績還是其他原因。
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。