Graycliff Exploration Reports Further High-Grade Gold Assay Results in Phase 4 Drilling at Shakespeare Project, Ontario
Graycliff Exploration Reports Further High-Grade Gold Assay Results in Phase 4 Drilling at Shakespeare Project, Ontario
Expands the Width and Breadth of the Mineralized Zone
擴大礦化帶的寬度和寬度
Toronto, Ontario--(Newsfile Corp. - October 11, 2022) - Graycliff Exploration Limited (CSE: GRAY) (OTCQB: GRYCF) (FSE: GE0) (the "Company" or "Graycliff") is pleased to release the next batch of assay results from the Phase Four drilling program at the Shakespeare Gold Project located on the Canadian Shield near Sudbury, Ontario. Phase Four drilling focused on testing the boundaries of the mineralized zone, both along strike and at depth.
安大略省多倫多-(Newsfile Corp.-2022年10月11日)-Graycliff Explore Limited(CSE：GRAY)(OTCQB：GRYCF)(FSE：GE0)(The公司“或”格雷克利夫)很高興公佈位於安大略省薩德伯裏附近加拿大盾上的莎士比亞金礦項目第四階段鑽探項目的下一批化驗結果。第四階段鑽探重點測試礦化帶的邊界，包括走向和深度。
Drill Hole J-52 intersected 14.39 grams per tonne of gold ("g/t Au") over 3.0 metres ("m"), including 41.00 g/t Au over 1.0 m. Additionally, J-53 intersected 5.35 g/t Au over 5.0 m, including 21.40 g/t Au over 1.0 m. Significant intervals for Holes J-52 to J-53 are detailed below.
J-52鑽孔在3.0米(“米”)上與每噸黃金14.39克(“g/t Au”)相交，其中在1.0米(“m”)上相交41.00克/t Au。此外，J-53在5.0米上與5.35克/t Au相交，包括在1.0米上相交21.40克/t Au。
Table 1 - Highlighted Gold Assay Results from Holes J-52 to J-53
表1-J-52至J-53孔的突出顯示的黃金化驗結果
| Drill Hole | From (m) | To (m) | Width (m)1 | Au (g/t) 2 |
| J-52 | 175.0 | 178.0 | 3.00 | 14.39 |
| including | ||||
| 176.0 | 177.0 | 1.00 | 41.00 | |
| J-53 | 173.0 | 174.0 | 1.00 | 1.31 |
| 180.0 | 185.0 | 5.00 | 5.35 | |
| including | ||||
| 180.0 | 181.0 | 1.00 | 21.40 | |
| 196.0 | 197.0 | 1.00 | 1.58 | |
| 鑽孔 | 發件人(M) | 至(M) | 寬度(米)1 | Au(克/噸) 2 |
| J-52 | 175.0 | 178.0 | 3.00 | 14.39 |
| 包括 | ||||
| 176.0 | 177.0 | 1.00 | 41.00 | |
| J-53 | 173.0 | 174.0 | 1.00 | 1.31 |
| 180.0 | 185.0 | 5.00 | 5.35 | |
| 包括 | ||||
| 180.0 | 181.0 | 1.00 | 21.40 | |
| 196.0 | 197.0 | 1.00 | 1.58 | |
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報告的井距是井下長度，而不是真正的厚度。由於目前項目的早期性質，礦化的真實寬度無法確定。
2長度加權平均品位是使用未封頂的黃金分析數據計算的。
James Macintosh, Graycliff's President and CEO, stated: "Drill Hole J-52 was drilled to the northeast and expanded the width and breadth of the mineralization zone. Hole J-53 intersected three anomalous intervals at depth of over 150 m from surface within a 25 m section of the hole. Given the intersection of high grades over the strike as well as depth drilled to date, we feel it's time for us to initiate preliminary metallurgical sample test work. Our team will complete one or several drill holes of large diameter to collect material for the anticipated work. This should become an important step in moving the Shakespeare Project forward."
格雷克利夫的首席執行官兼首席執行官詹姆斯·麥金託什聲明：“J-52孔是向東北鑽的，擴大了礦化帶的寬度和寬度。J-53孔在距地面超過150米深的25米範圍內相交了三個異常區段。考慮到這次開採的高品位以及迄今鑽探的深度，我們認為是時候開始初步的冶金樣品測試工作了。我們的團隊將完成一個或幾個大直徑的鑽孔，為預期的工作收集材料。這應該成為推進莎士比亞項目的重要一步。”
Qualified Person
有資格的人
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，是一名合格人員，因為該術語由NI 43-101下的加拿大監管指南定義，並已閲讀並批准了本新聞稿中包含的技術信息。
About Graycliff Exploration Limited
關於格雷克利夫勘探有限公司
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.
格雷克利夫勘探公司是一家礦產勘探公司，專注於其1025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份皇冠專利租約、兩份皇冠租約和對歷史悠久的莎士比亞金礦相關財產的40項債權，莎士比亞金礦於1903年至1907年運營。格雷克利夫的鮑德温項目毗鄰東部，由佔地1,500公頃的68項主張組成。
QA/QC Protocol:
QA/QC協議：
For more information, please contact investor relations at 1-647-249-9298, or email investors@graycliffexploration.com.
欲瞭解更多信息，請聯繫投資者關係部，電話：1-647-249-9298，或發送電子郵件至Investors@graycliffExploration.com。
On Behalf of the Board of Directors,
James Macintosh
President and CEO
我謹代表董事會：
詹姆斯·麥金託什
總裁與首席執行官
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都沒有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法所指的有關公司業務的前瞻性信息。前瞻性信息是基於公司管理層做出的某些關鍵預期和假設。儘管公司認為這些前瞻性信息所基於的預期和假設是合理的，但不應過度依賴前瞻性信息，因為公司不能保證這些信息將被證明是正確的。本新聞稿中包含的前瞻性陳述是自本新聞稿發佈之日起作出的。除適用的證券法要求外，公司沒有任何意圖或義務公開更新任何前瞻性信息，無論是由於新信息、未來事件或結果或其他原因。
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譯文內容由第三人軟體翻譯。