Colossus Resources Provides Exploration Update for Its Master Copper Project, Ontario, Canada
Colossus Resources Provides Exploration Update for Its Master Copper Project, Ontario, Canada
This initial field exploration program was carried out successfully in advance of any drilling to better delineate the mineralized vein systems identified on the property. Two parallel vein trends were identified on the property one of which was traced along strike for about 700m, (see accompanying Figure 1 below). The first trend is exposed at the historic Master Copper adit, and in a few historic trenches and blast pits along the main trail through the property, with an approximate strike length of 700m. The second trend is exposed south of the first within and around the Gagne pits, with an approximate strike length of 400m. Vein widths vary from around a half-meter to up to 3 meters. The sediments hosting the quartz veins are siltstone conglomerates, sandstones / quartzites and occasional mafic dykes. Concordant quartz veinlets and stringers are often present within the sediments alongside the "main veins" in both trends within 1-2meters of the main veins, but it seems that historically, only the "main veins" or larger veins were sampled while the narrower veins were ignored. Selected channels were cut and sampled across the main veins. Additionally, there is a possible third trend south of the first two and on strike of the Hoyle Shaft just off the eastern property boundary. Vancouver, British Columbia--(Newsfile Corp. - November 17, 2022) - Colossus Resources Corp (TSXV: CLUS) ("Colossus" or the "Company") is pleased to provide an exploration update for the inaugural geological field program on its 100% controlled Master Copper Project ("Master Copper" or the "Project") which was completed in late September 2022. The Master Copper Property is located 38 km west of Elliot Lake and approximately 90 km east of Sault Ste. Marie in the Algoma District of Northern Ontario and consists of 15 mining claims. The property is accessible via a series of all-weather roads and ATV trails. The Property covers an area of approximately 1,143 hectares.
温哥華，不列顛哥倫比亞省-(Newsfile Corp.-2022年11月17日)-巨人資源公司(多倫多證券交易所股票代碼：CLUS)(“巨人”或“公司”)很高興為其100%受控總銅礦項目(“主銅”或“項目”)的首個地質野外勘探項目提供最新勘探情況，該項目於2022年9月下旬完成。Master銅礦位於埃利奧特湖以西38公里處，蘇爾街以東約90公里處。該礦場位於安大略省北部阿爾戈馬區，由15個採礦權組成。該酒店可通過一系列全天候道路和亞視小徑到達。該物業佔地約1,143公頃。
On Project details, one can refer to the compliant NI 43-101 Technical Report with an effective date of November 18, 2021 and the title "NI 43-101 Technical Report on the Master Copper Property, Algoma, Ontario for Colossus Resources Inc.", which can be found at .
關於項目細節，可以參考符合NI 43-101標準的技術報告，其生效日期為2021年11月18日，標題為NI 43-101巨人資源公司關於安大略省阿爾戈馬市主銅礦的技術報告，可在以下位置找到。
Historical mineralization on the Master Copper property consist of quartz or quartz-carbonate vein sheets, anastomosed or breccia-weld vein systems mineralized with pyrite, chalcopyrite, specularite, and occasionally bornite, galena and sphalerite. As observed on the property, veins often have sharp contacts, steep dip with a west-northwest strike. The property has not been adequately mapped or prospected in any detail in the past. Colossus with the assistance of Minroc Management Services ("Minroc") of Ontario, familiar with and successful at "grass roots prospecting" in the Q3 field program has compiled available data, worked on geological mapping of any encountered outcrops over parts of the property and sampled geologically prospective areas and identified veins.
Master銅礦的歷史礦化包括石英或石英-碳酸鹽脈片、網結脈系或角礫巖-熔接脈系，礦化有黃鐵礦、黃銅礦、鏡鐵礦，偶爾還有斑銅礦、方鉛礦和閃鋅礦。正如在地產上觀察到的那樣，礦脈經常具有尖鋭的接觸、陡峭的傾角和西北向的走向。過去，這處房產沒有得到充分的測繪或任何細節的勘探。在安大略省Minroc管理服務公司(下稱“Minroc”)的協助下，熟悉併成功開展Q3野外項目“基層勘探”工作的巨人編制了現有數據，對該物業部分區域遇到的露頭進行了地質測繪，並對地質遠景區域進行了採樣並確定了礦脈。
This initial field exploration program was carried out successfully in advance of any drilling to better delineate the mineralized vein systems identified on the property. Two parallel vein trends were identified on the property one of which was traced along strike for about 700m, (see accompanying Figure 1 below). The first trend is exposed at the historic Master Copper adit, and in a few historic trenches and blast pits along the main trail through the property, with an approximate strike length of 700m. The second trend is exposed south of the first within and around the Gagne pits, with an approximate strike length of 400m. Vein widths vary from around a half-meter to up to 3 meters. The sediments hosting the quartz veins are siltstone conglomerates, sandstones / quartzites and occasional mafic dykes. Concordant quartz veinlets and stringers are often present within the sediments alongside the "main veins" in both trends within 1-2meters of the main veins, but it seems that historically, only the "main veins" or larger veins were sampled while the narrower veins were ignored. Selected channels were cut and sampled across the main veins. Additionally, there is a possible third trend south of the first two and on strike of the Hoyle Shaft just off the eastern property boundary.
這一初步野外勘探計劃在任何鑽探之前成功實施，以更好地圈定在該物業上發現的礦化礦脈系統。在該地產上發現了兩個平行的礦脈走向，其中一個沿着走向追蹤了約700米(見下圖1)。第一個趨勢是在歷史悠久的Master銅礦平道上暴露出來的，以及沿着穿過該物業的主要步道的幾個歷史戰壕和爆破坑，走向長度約為700米。第二個趨勢暴露在第一個趨勢的南部，位於加涅礦坑內部和周圍，走向長度約為400米。靜脈寬度從大約半米到最多3米不等。賦存石英脈的沉積物為粉砂巖礫巖、砂巖/石英巖和偶爾發現的鎂鐵質巖脈。在距主脈1-2米的範圍內，在兩個走向的“主脈”旁邊的沉積物中經常出現協調的石英細脈和細線，但歷史上似乎只對“主脈”或較大的脈進行了採樣，而忽略了較窄的脈。選定的通道被切割，並在主要靜脈上取樣。此外，在前兩個趨勢以南可能還有第三個趨勢，即霍伊爾豎井就在東部地產邊界附近罷工。
Mineralization seems to be constrained within darker patches in the quartz veins. These darker patches may be caused by fragments of mafic or ultramafic rocks noted within the veins that are usually associated with sulphide mineralization, and primarily include disseminated to semi-massive pyrite, chalcopyrite with lesser amounts of bornite and possibly covellite. The hematized sandstones/quartzites also contain hematite/ magnetite grains within or around finer quartz veinlets. A handheld Niton XRF instrument was used to test for copper values of well mineralized samples to give an idea of potential.
礦化似乎侷限在石英脈中較暗的斑塊內。這些較暗的斑塊可能是由脈體中記錄的鎂鐵質或超鎂鐵質巖石碎片造成的，這些巖石通常與硫化物礦化有關，主要包括浸染到半塊狀黃鐵礦、黃銅礦和少量斑銅礦，可能還有銅銅礦。赤化砂巖/石英巖還含有赤鐵礦/磁鐵礦顆粒在較細的石英細脈內或周圍。使用手持Niton XRF儀器測試了礦化良好的樣品的銅值，以提供潛在的概念。
A total of 212 samples were taken during the prospecting program and sent for analysis. Results awaited and will be announced within Q4 2022.
在勘探計劃期間，共採集了212個樣品並送往進行分析。等待結果，並將於2022年第四季度公佈。
Analytical sampling results from this initial work will provide the required detail to locate and prioritize targets, allowing for the planning of a follow-up drill program of approximately 1,000-1,200m to be executed in the coming months. A drilling application is already in progress with the relevant authorities in Ontario.
這項初步工作的分析抽樣結果將提供所需的細節，以確定目標的位置和優先順序，以便規劃在未來幾個月執行的約1,000-1,200米的後續演習計劃。安大略省相關當局已經在進行鑽探申請。
Figure 1. Master Copper Project - Summary of Q3 2022 sampling program and identified mineralized vein trends
圖1.主銅項目-2022年第三季度採樣計劃摘要和已確定的礦化礦脈趨勢
ABOUT COLOSSUS RESOURCES CORP
關於巨人資源公司
Colossus Resources is a relatively young junior mineral exploration company focused on maximizing shareholder value through the acquisition, discovery and advancement of high-quality copper - gold projects in the Americas.
巨人資源是一家相對年輕的初級礦產勘探公司，專注於通過收購、發現和推進美洲優質銅金項目來實現股東價值最大化。
Qualified Person
有資格的人
Technical information in this news release has been approved by Brian H. Newton, P.Geo and a Qualified Person as defined by National Instrument 43-101. Mr. Newton is a consultant to the Company.
本新聞稿中的技術信息已由P.Geo的Brian H.Newton和National Instrument 43-101定義的一名合格人員批准。牛頓先生是該公司的顧問。
Note: The reader is cautioned that Colossus Resources' projects are early-stage exploration projects, and reference to existing mines and deposits, or mineralization hosted on adjacent or nearby properties, is not necessarily indicative of any mineralization on Colossus Resources' properties.
注：請讀者注意，巨人資源的項目是早期勘探項目，提及現有的礦山和礦牀，或鄰近或附近物業上的礦化，並不一定表明巨人資源的物業上有任何礦化。
ON BEHALF OF THE BOARD
我代表董事會
Charalambos (Harry) Katevatis| CEO & Director
info@colossusresources.com
查拉羅波斯(哈里)卡特瓦提斯|首席執行官兼董事
郵箱：info@colossusources.com
Neither 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.
多倫多證券交易所風險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。
FORWARD-LOOKING STATEMENTS
前瞻性陳述
This news release contains certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical fact, which address events or developments that Colossus Resources expects to occur, are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential", "indicate" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Although Colossus Resources believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guaranteeing of future performance and actual results may differ materially from those in forward-looking statements.
本新聞稿包含可被視為“前瞻性陳述”的某些陳述。本新聞稿中除有關歷史事實的陳述外，涉及巨人資源公司預計將發生的事件或發展的所有陳述均為前瞻性陳述。前瞻性陳述是指不是歷史事實的陳述，一般但並非總是由“預期”、“計劃”、“預期”、“相信”、“打算”、“估計”、“項目”、“潛在”、“表明”和類似的表述，或事件或條件“將”、“將”、“可能”、“可能”或“應該”發生。儘管巨人資源認為這些前瞻性陳述中表達的預期是基於合理的假設，但這些陳述並不保證未來的業績，實際結果可能與前瞻性陳述中的結果大不相同。
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譯文內容由第三人軟體翻譯。