Power Group Provides an Update on Exploration Activities for the Muddy Gullies Property
Power Group Provides an Update on Exploration Activities for the Muddy Gullies Property
Program Highlights:Vancouver, British Columbia--(Newsfile Corp. - October 11, 2022) - Power Group Projects Corp. (TSXV: PGP) (the "Company") is pleased to provide an update on recent exploration activities. The Company is active on multiple high potential poly metallic properties in Northern British Columbia and Newfoundland and Labrador.
温哥华，不列颠哥伦比亚省-(Newsfile Corp.-2022年10月11日)-Power Group Projects Corp. (TSXV：PGP)(“公司“)很高兴提供最近勘探活动的最新情况。该公司在不列颠哥伦比亚省北部、纽芬兰和拉布拉多的多个高潜力多金属矿藏上开展活动。
Muddy Gullies Property
泥泞的冲沟财产
The Muddy Gullies Property is located 28 kilometres northeast of the town of Gander, NL. Route 330 affords easy access to the property as does Muddy Gullies access road which runs east from route 330. Recent work completed on the property by the Company concentrated on the main platinum+palladium target and includes line cutting, mapping and prospecting, a LiDAR and photogrammetry survey, and a helicopter-borne magnetometer survey.
浑水冲沟位于北卡罗来纳州甘德镇东北28公里处。330号公路可以很容易地到达酒店，从330号公路向东延伸的泥泞沟渠通道也是如此。该公司近期完成的工作主要集中在主要的铂+钯目标上，包括线切割、测绘和勘探、激光雷达和摄影测量测量，以及直升机载磁力计测量。
Program Highlights:
计划要点：
The mapping and sampling program identified an extensive area of pyroxenite outcrop. Thirty-one samples of pyroxenite were collected and analytical results ranged from 0.007 to 0.299 ppm Pt (average 0.064 ppm) and 0.003 to 0.407 ppm Pd (average 0.077 ppm). These values are comparable to historic sampling on the property and confirm the excellent potential for the discovery of significant Pt+Pd mineralization on the property. The samples were analyzed by ALS Canada Ltd, in North Vancouver, BC. After crushing and pulverizing, the samples were analyzed using ALS's PGM-ICP23 method. This method analyzes for Pt, Pd and Au with a 30g fire assay and ICP finish.
测绘和取样计划确定了辉石岩露头的大片区域。采集了31个辉石岩样品，分析结果在0.007-0.299 ppm的铂(平均0.064 ppm)和0.003-0.407 ppm的Pd(平均0.077 ppm)之间。这些数值与该矿产的历史采样相当，证实了在该矿产上发现重大铂+钯矿化的极佳潜力。样本由不列颠哥伦比亚省北温哥华的ALS加拿大有限公司进行分析。样品粉碎粉碎后，用ALS的PGM-ICP23方法进行分析。该方法用30g火试金和电感耦合等离子体光谱分析铂、钯和金。
The LiDAR and Photogrammetry surveys were conducted by drone equipment and covered 20.7 km². The data collected will be a useful aid in the compilation of data from all the various surveys on the property. This work, as well as the helicopter-borne magnetometer survey, was contracted to RPM Aerial Surveys, of Holyrood, NL.
激光雷达和摄影测量是由无人机设备进行的，覆盖面积为20.7平方公里。收集到的数据将有助于汇编关于该房产的所有各种调查的数据。这项工作以及直升机携带的磁力仪测量工作承包给了内华达州Holyrood的RPM航空测量。
The helicopter-borne magnetic survey comprised approximately 265 line-kilometers, covering the entire property. The interpretation of the magnetic susceptibility data identified several strongly anomalous zones that coincided with very low resistivity modelled from data collected by a VTEM survey in 2012. From this interpretation, four high priority drill targets have been identified.
直升机携带的磁测长约265线公里，覆盖了整个房产。对磁化率数据的解释发现了几个与极低电阻率重合的强烈异常带，这些电阻率是根据2012年VTEM调查收集的数据建模的。从这一解释中，确定了四个高度优先的演习目标。
All the necessary permits for a planned 1,000-metre, four-hole, drill program are in place.
计划中的1000米四孔钻探计划的所有必要许可都已经到位。
About the Muddy Gullies Property:
关于浑水沟的财产：
The Property comprises 113 claim units (8 licences) covering 28.25 km². The Property is host to several historical platinum, palladium, copper and gold showings, as indicated by the Mineral Occurrence Database System, Department of Natural Resources, Newfoundland & Labrador. The Property is underlain by a portion of the Gander River Ultramafic Belt (GRUB LINE) which consists of pyroxenite and lessor serpentinite, magnesite, amphibolite, hornblendite, and gabbro.
该财产包括113个索赔单位(8个许可证)，总面积为28.25平方公里。纽芬兰和拉布拉多省自然资源部的矿物赋存数据库系统表明，该地产曾多次展示铂、钯、铜和黄金。该地产被甘德河超镁铁质岩带的一部分所覆盖，该超镁铁质岩带由辉石岩和较低的蛇纹岩、菱镁矿、角闪岩、角闪岩和辉长岩组成。
The mafic and ultramafic rocks of the GRUB LINE are considered to be an ophiolitic suite of volcanic and plutonic rocks which have tectonically emplaced over the Gander Groups.
GRUB线的镁铁质和超镁铁质岩石被认为是一套蛇绿岩系火山岩和深成岩，在构造上侵位在甘德群之上。
Local and Regional Geology
地方和区域地质学
The Muddy Gullies property straddles the contact between the Dunnage and Gander tectonostratigraphic zones. The Gander River Complex (GRC), originally termed the Gander River Ultrabasic Belt (GRUB Line) defines the eastern edge of the Dunnage Zone and underlies most of the property. The GRC is a north-northeast trending belt of pyroxenite, mafic volcanics, gabbro, tonalite, serpentinite and other ultramafic lithologies. The geology is characteristic of an ophiolite suite of igneous rocks which were deposited on the ocean floor and now form the base of the Dunnage Zone.
泥泞冲沟位于达纳奇和甘德构造地层带之间的交界处。甘德河复合体(GRC)，最初被称为甘德河超基性带(GRUB线)，定义了保税区的东部边缘，是大部分财产的基础。GRC是一条北东向的辉石岩、镁铁质火山岩、辉长岩、英云闪长岩、蛇纹岩等超镁铁质岩带。地质特征是一套蛇绿岩套火成岩，它们沉积在洋底，现在形成了承压带的底部。
The GRC stratigraphy has been the subject of mineral exploration since the 1950's with the initial focus being on asbestos, chromium and base metals. Subsequent exploration programs between 1986 and 2013 have focussed on gold, copper and platinum group elements (PGE). Highlights from assessment reports on the area include the outline of a significant PGE target in a coarse grained pyroxenite, south of Muddy Gullies Pond and the outlining of northeast trending gold (± copper) mineralization across the central block of claims and including the Main Zone trend and the Weirs Pond showing.
自20世纪50年代以来，GRC地层学一直是矿产勘探的主题，最初的重点是石棉、铬和贱金属。1986年至2013年间的后续勘探计划主要集中在金、铜和铂族元素(PGE)上。关于该地区的评估报告的要点包括：泥石沟池塘以南粗粒辉石岩中一个重要的PGE目标的轮廓，以及横跨索赔中心区块的东北走向的金(±铜)矿化的轮廓，包括主带趋势和堰塘的显示。
Power Group Projects acknowledges the financial support of the Muddy Gullies project by the Government of Newfoundland and Labrador, through the Department of Industry, Energy and Technology Junior Exploration Assistance Program.
Power Group Projects感谢纽芬兰和拉布拉多政府通过工业、能源和技术部初级勘探援助方案为浑水沟项目提供的财政支持。
Qualified Person
有资格的人
Chris M. Healey, P.Geo., Technical Advisor to the Company and a Qualified Person ("QP") as defined by National Instrument 43-101 - Standards of Disclosure for Mineral Projects, has reviewed and approved the scientific and technical information reported in this news release.
Chris M.Healey，P.Geo，公司技术顾问，合格人士(“QP“)按照《国家文书43-101》的定义-《矿产项目信息披露标准》，对本新闻稿中报道的科技信息进行了审查和批准。
For further information, please contact:
如需更多信息，请联系：
Aleem Nathwani
Chief Executive Officer and Chairman
Tel: (604) 290-7073
Email: aleem.nathwani@gmail.com
Aleem Nathwani
首席执行官兼董事长
电话：(604)290-7073
电子邮件：aleem.nathwani@gmail.com
Cautionary Statement on Forward-Looking Information
关于前瞻性信息的警示声明
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.
多伦多证券交易所创业板交易所及其监管服务提供商(该术语在多伦多证券交易所的政策中定义)均不对本新闻稿的充分性或准确性承担责任。
This news release contains certain "forward-looking information" within the meaning of applicable securities laws. Forward-looking information is frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate", "may", "will", "would", "potential", "proposed" and other similar words, or statements that certain events or conditions "may" or "will" occur. These statements are only predictions. Forward-looking information is based on the opinions and estimates of management at the date the information is provided, and is subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information. For a description of the risks and uncertainties facing the Company and its business and affairs, readers should refer to the Company's Management's Discussion and Analysis. The Company undertakes no obligation to update forward-looking information if circumstances or management's estimates or opinions should change, unless required by law. The reader is cautioned not to place undue reliance on forward-looking information.
本新闻稿包含适用证券法所指的某些“前瞻性信息”。前瞻性信息的特点常常是“计划”、“预期”、“项目”、“打算”、“相信”、“预期”、“估计”、“可能”、“将”、“将”、“可能”、“建议”和其他类似的词语，或某些事件或条件“可能”或“将”发生的陈述。这些声明只是预测。前瞻性信息以提供信息之日管理层的意见和估计为基础，会受到各种风险、不确定因素和其他因素的影响，这些因素可能会导致实际事件或结果与前瞻性信息中预测的大不相同。关于公司及其业务和事务面临的风险和不确定因素的描述，读者应参考公司管理层的讨论和分析。除非法律要求，否则如果情况或管理层的估计或意见发生变化，公司不承担更新前瞻性信息的义务。告诫读者不要过度依赖前瞻性信息。
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