Aurwest Resources Reports Third Quarter September 30, 2022 Operating Results and Negotiates a One Year Extension on All Capital Commitments on Newfoundland Projects
Aurwest Resources Reports Third Quarter September 30, 2022 Operating Results and Negotiates a One Year Extension on All Capital Commitments on Newfoundland Projects
Calgary, Alberta--(Newsfile Corp. - December 8, 2022) - Aurwest Resources Corporation (CSE: AWR) ("Aurwest" or the "Company") is pleased to announce that it has been granted a one (1) year extension on annual exploration expenditure requirements from each of the optionor's (each a "Optionor") of the Paradise Lake Project, Miguels Lake Project and Stony Caldera Project (each a Project and collectively, the "Projects") pursuant to previously executed option agreements. The Company and each Optionor have now entered into an amended option agreement whereby any annual exploration expenditure requirements by the Company on the Projects in 2023 will not be required and will be delayed, or 'pushed' forward to the following year. Any subsequent annual exploration expenditure requirements on the Projects by the Company will also be pushed forward by one year, creating a grace period with no annual exploration expenditures required to be made by the Company on the Projects in 2023. All properties remain in good standing.
加拿大阿爾伯塔省卡爾加里-(Newsfile Corp.-2022年12月8日)-Aurwest Resources Corporation(CSE：AWR) (《奧韋斯特》或者是“公司“)很高興地宣佈，它已獲準將年度勘探支出要求延長一(1)年，每個Optionor(每個“a”)選擇器天堂湖項目、Miguels Lake項目和Stony Caldera項目(每個項目和統稱為項目“)根據先前簽署的購股權協議，本公司與各購股權持有人現已訂立經修訂的購股權協議，根據該協議，本公司於2023年就該等項目提出的任何年度勘探開支要求將不再需要，並將延後或‘提前’至下一年。本公司隨後就該等項目提出的任何年度勘探開支要求亦將提前一年，從而創造寬限期，使本公司於2023年無須就該等項目作出任何年度勘探開支。所有物業均保持良好狀況。
Subsequent to filing the Company's Q3 September 30, 2022 Financial Statements and Management Discussion and Analysis on November 29, 2022, the Company also is pleased to provide an update on our quarterly operating highlights as set out below:
在於2022年11月29日提交公司2022年9月30日第三季度財務報表和管理層討論與分析之後，公司還很高興地提供我們季度運營亮點的最新情況，如下所述：
THIRD QUARTER SEPTEMBER 30, 2022 OPERATING HIGHLIGHTS
2022年9月30日第三季度運營亮點
Cash available of $0.753 million ending September 30, 2022, which will fund our ongoing 2022 field exploration programs.
On July 5, 2022 the Company announced the completion of its Phase II drill program on its Paradise Lake gold project in Central Newfoundland. The program consisted of seven holes totaling 1,050- meters and followed up results from the Phase I drilling program (2,746-meters/11 drill holes) completed in April 2022.
On August 11, 2022 the Company announced it had acquired an additional 9,800 hectares of mineral claims in Central Newfoundland adjoining the north boundary of the Stony Caldera property,
On August 17, 2022 announced that it had identified new gold targets returning up to 4.04 g/t Au and 5.27 g/t Ag in outcrop along a new zone approximately 4.5km northwest of the Twin Pond Phase 2 drilling location, and
On September 21, 2022 the Company announced final drilling results from its Phase 2 drilling program completed at its Paradise Lake gold project in Central Newfoundland. Phase 2 consisted of seven holes totaling 1,050-meters. Higher grade intervals of gold include; 6.21g/t Au over 0.5m in DDHPL-22-01, 6.00g/t Au over 0.5m and 7.75g/t Au over 0.5m core intervals in DDHPL-22-07and 5.43g/t Au over a 0.5m core interval in DDHPL-22-12. Native gold was observed in quartz veins in DDH-22-07.
截至2022年9月30日的可用現金為75.3萬美元，這將為我們正在進行的2022年油田勘探計劃提供資金。
2022年7月5日，該公司宣佈完成其位於紐芬蘭中部天堂湖金礦項目的第二階段鑽探計劃。該計劃包括7個總計1,050米的鑽孔，並跟進2022年4月完成的第一階段鑽井計劃(2,746米/11個鑽孔)的結果。
2022年8月11日，該公司宣佈，它已在毗鄰Stony Caldera地產北界的紐芬蘭中部另外收購了9,800公頃的礦產主張，
2022年8月17日，該公司宣佈，在雙池二期鑽井地點西北約4.5公里的一個新區域，發現了新的金礦目標，其露頭金和銀的含量分別高達4.04克/噸和5.27克/噸。
2022年9月21日，該公司宣佈了在紐芬蘭中部天堂湖金礦項目完成的第二階段鑽探計劃的最終鑽探結果。第二階段包括七個洞，總計1050米。金品位較高的區段包括：DDHPL-22-01的0.5m以上含金量為6.21g/t，DDHPL-22-07的0.5m含金量為6.00g/t，0.5m取心含金量為7.75g/t，DDHPL-22-12含金量為5.43g/t。在DDH-22-07的石英脈中發現了自然金。
On Behalf Of Aurwest resources Corporation
我代表Aurwest資源公司
"Colin Christensen"
President and Chief Executive Officer
《科林·克里斯滕森》
總裁與首席執行官
For additional information please contact:
Colin Christensen
Telephone: (403) 483-8363
Email: cchristensen@aurwestresources.com
Website:
如需更多信息，請聯繫：
科林·克里斯滕森
電話：(403)483-8363
電子郵件：cchristensen@aurwestresource ces.com
網站：
About Aurwest Resources Corporation
Aurwest is a Canadian-based junior resource company focused on the acquisition, exploration, and development of gold properties in Canada. The Company currently has three Option Agreements to earn a 100% interest in Paradise Lake and Stony Caldera projects covering a 57,600-hectare (576 sq kms) package of gold exploration licenses within the emerging Central Newfoundland gold district. The Company also currently holds a 100% interest in the 28,814 hectare Stellar/Stars porphyry copper project, located approximately 25 kilometers southwest of Houston, British Columbia.
關於Aurwest資源公司
Aurwest是一家總部位於加拿大的初級資源公司，專注於收購、勘探和開發加拿大的黃金資產。本公司目前擁有三份期權協議，以賺取Paradise Lake和Stony Caldera項目的100%權益，該項目涵蓋新興的中紐芬蘭金礦區內57,600公頃(576平方公里)的一攬子黃金勘探許可證。本公司目前還持有位於不列顛哥倫比亞省休斯敦西南約25公里處的28,814公頃恆星/恆星斑巖銅礦項目的100%權益。
Forward-Looking Information
Statements included in this announcement, including statements concerning our plans, intentions, and expectations, which are not historical in nature are intended to be, and are hereby identified as "forward-looking statements." Forward-looking statements may be identified by words including "anticipates", "believes", "intends", "estimates", "expects" and similar expressions. The Company cautions readers that forward-looking statements, including without limitation those relating to the Company's future operations and business prospects, are subject to certain risks and uncertainties that could cause actual results to differ materially from those indicated in the forward-looking statements. Readers are advised to rely on their own evaluation of such risks and uncertainties and should not place undue reliance on forward-looking statements. Any forward-looking statements are made as of the date of this news release, and the Company assumes no obligation to update the forward-looking statements, except in accordance with the applicable laws.
The Canadian Securities Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
前瞻性信息
本公告中包含的聲明，包括與我們的計劃、意圖和預期有關的聲明，都是非歷史性的聲明，特此確認為“前瞻性聲明”。前瞻性陳述可以用包括“預期”、“相信”、“打算”、“估計”、“預期”和類似表述的詞語來識別。公司提醒讀者，前瞻性陳述，包括但不限於與公司未來運營和業務前景有關的陳述，會受到某些風險和不確定因素的影響，這些風險和不確定因素可能會導致實際結果與前瞻性陳述中所述的大不相同。建議讀者依靠自己對此類風險和不確定性的評估，不應過度依賴前瞻性陳述。任何前瞻性陳述都是在本新聞稿發佈之日作出的，公司不承擔更新前瞻性陳述的義務，除非依照適用的法律。
加拿大證券交易所沒有對本新聞稿的充分性或準確性進行審查，也不承擔任何責任。
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