Generic Gold Completes Phase 3 Drill Program on the Belvais Project in Northwestern Abitibi, Québec
Generic Gold Completes Phase 3 Drill Program on the Belvais Project in Northwestern Abitibi, Québec
Toronto, Ontario--(Newsfile Corp. - April 11, 2023) - Generic Gold Corp. (CSE: GGC) (FSE: 1WD) (OCTQB: GGCPF) ("Generic Gold" or "Generic" or the "Company") has successfully completed the Phase 3 drill program on the Belvais Project, located in the northwestern region of Québec's Abitibi greenstone belt. The program was to follow up on high-priority EM (electromagnetic) targets that were discovered from a BHEM (borehole electromagnetics) program. A total of 1,856m were drilled across six drill holes (Table 1).
安大略省多倫多--（Newsfile Corp.——2023年4月11日）- Generic Gold Corp.（CSE：GGC）（FSE：1WD） （OCTQB：GGCPF） (”通用黃金“或”通用“或者”公司“）成功完成了位於魁北克阿比提比綠巖帶西北部地區的貝爾韋斯項目的第三階段鑽探計劃。該計劃旨在跟蹤從BHEM（鑽孔電磁）計劃中發現的高優先級 EM（電磁）目標。在六個鑽孔中共鑽了 1,856 米（表 1)。
All assay results have been received, with highlights including a highly anomalous silver-zinc intercept, a copper-bearing quartz vein and nickel from banded pyrrhotite + pyrite. Further descriptions of the mineralization are provided below. Given the recent success of VMS discoveries by neighbours Starr Peak Mining and Amex Exploration, these zinc and copper results warrant further work.
所有化驗結果均已收到，其亮點包括高度異常的銀鋅截距、含銅石英脈和來自帶狀磁黃鐵礦 + 黃鐵礦的鎳。下文對礦化作了進一步的描述。鑑於鄰國Starr Peak Mining和Amex Exploration最近成功發現了VMS，這些鋅和銅的結果值得進一步研究。
As shown in Figure 1, the Belvais project lies in a favourable geological district, being directly south-east of Amex Exploration's Perron Project, which previously announced a new VMS discovery (the QF Zone) along the Normétal Mine Sequence (see Amex Press Release dated August 9, 2021), as well as being directly east and south-east of Starr Peak's NewMétal project, which announced high-grade VMS mineralization on their Normetmar target (see Starr Peak Press Release dated May 4, 2021). Both of these discoveries occur along the Normétal Fault, which is of particular significance for Generic Gold, as the Company holds over 20 km of the Normétal Fault on its Belvais claims and is one of the largest landholders in the area with 12,563 hectares.
如所示 圖 1，Belvais項目位於一個有利的地質區域，位於美國運通勘探公司的Perron項目的正東南部，該項目此前曾宣佈在諾姆塔爾礦序列沿線發現新的VMS（QF區域）（見美國運通2021年8月9日新聞稿），並且位於斯塔爾峯的紐梅塔爾項目的正東和東南部，該項目宣佈了其Normetmar目標上的高品位VMS礦化（見斯塔爾峯）發佈日期爲 2021 年 5 月 4 日的新聞稿）。這兩項發現都發生在諾梅塔爾斷層沿線，這對於Generic Gold來說尤其重要，因爲該公司在其Belvais主張上擁有超過20公里的諾梅塔爾斷層，是該地區最大的土地所有者之一，擁有12,563公頃。
Table 1
Collar Table for Belvais Phase 3 Diamond Drill Holes
表 1
Belvais 第 3 階段金剛石鑽孔的套圈表
| Hole ID | Northing (m) | Easting (m) | Elevation (m) | Azimuth (°) | Dip (°) | Hole Depth (m) |
| GEN-22-28 | 5427915 | 618563 | 343.1 | 215 | -50 | 225 |
| GEN-22-29 | 5427632 | 617379 | 340.4 | 190 | -55 | 351 |
| GEN-22-30 | 5427675 | 617945 | 323.5 | 190 | -60 | 333 |
| GEN-22-31 | 5424461 | 633664 | 340.0 | 180 | -78 | 597 |
| GEN-21-01-EXT | 5427807 | 618753 | 346.0 | 220 | -50 | 100 |
| GEN-22-32 | 5428132 | 618807 | 346.0 | 215 | -55 | 249 |
| Hole ID | 北方 (m) | 東方 (m) | 海拔 (m) | 方位角 (°) | 傾角 (°) | 孔深 (m) |
| GEN-22-28 | 5427915 | 618563 | 343.1 | 215 | -50 | 225 |
| GEN-22-29 | 5427632 | 617379 | 3404 | 190 | -55 | 351 |
| GEN-22-30 | 5427675 | 617945 | 3235 | 190 | -60 | 333 |
| GEN-22-31 | 5424461 | 633664 | 340.0 | 180 | -78 | 597 |
| GEN-21-01-EXT | 5427807 | 618753 | 346.0 | 220 | -50 | 100 |
| GEN-22-32 | 5428132 | 618807 | 346.0 | 215 | -55 | 249 |
Note: Approximate collar coordinates in UTM NAD83 Zone 17N
注意：UTM NAD83 區域 17N 中的近似項圈座標
Table 2
Drill Intercepts of Significance from Belvais Phase 3 Program
表 2
來自 Belvais 第 3 階段計劃的重要鑽探截點
| Hole ID | From (m) | To (m) | Length (m) | Grade (g/t Ag) | Grade (% Zn) | Grade (% Cu) | Grade (% Ni) |
| GEN-22-28 | 68.20 | 69.50 | 1.30 | 0.15 | 0.14 | -- | -- |
| GEN-22-29 | 58.20 | 62.00 | 3.80 | 0.32 | 0.03 | -- | -- |
| GEN-22-29 | 86.00 | 92.00 | 6.00 | 0.39 | 0.05 | -- | -- |
| GEN-22-29 | 309.70 | 311.15 | 1.45 | 0.09 | 0.01 | -- | 0.13 |
| GEN-22-30 | 51.00 | 52.60 | 1.60 | 0.16 | 0.01 | 0.38 | -- |
| including | 52.00 | 52.60 | 0.60 | 0.09 | 0.01 | 0.88 | -- |
| GEN-22-31 | 200.00 | 205.00 | 5.00 | 7.00 | 0.17 | 0.05 | -- |
| Hole ID | 從 (m) | 到 (m) | 長度 (m) | 等級 （g/t Ag） | 等級 (% 鋅) | 等級 （% 銅） | 等級 （% 鎳） |
| GEN-22-28 | 68.20 | 69.50 | 1.30 | 0.15 | 0.14 | -- | -- |
| GEN-22-29 | 58.20 | 62.00 | 3.80 | 0.32 | 0.03 | -- | -- |
| GEN-22-29 | 86.00 | 92.00 | 6.00 | 0.39 | 0.05 | -- | -- |
| GEN-22-29 | 309.70 | 311.15 | 1.45 | 0.09 | 0.01 | -- | 0.13 |
| GEN-22-30 | 51.00 | 52.60 | 1.60 | 0.16 | 0.01 | 0.38 | -- |
| 包括 | 52.00 | 52.60 | 0.60 | 0.09 | 0.01 | 0.88 | -- |
| GEN-22-31 | 200.00 | 205.00 | 5.00 | 7.00 | 0.17 | 0.05 | -- |
- The anomalous silver-zinc intervals in holes GEN-22-28 and GEN-22-29 are from exhalative horizons composed of magnetic, semi-massive bands of pyrite-pyrrhotite sulphides. The nickel intercept in GEN-22-29 was derived from a banded and magnetic exhalative sulphide horizon.
- The copper intercept in GEN-22-30 was from an andesitic unit hosting a quartz vein strongly mineralized in chalcopyrite, described as - QV 5-10% chalcopyrite, trace sphalerite, irregular contact orientation to core.
- The silver-zinc intercept in GEN-22-31 targeted the historic Lac du Canard occurrence and is hosted in an intermediate volcanic with light yellow-green sericite + silica altered pillows with dark grey cherty selvages hosting up to 50% subhedral pyrite cubes.
- GEN-22-28 和 GEN-22-29 空洞中的異常銀鋅間隔來自由黃鐵礦磁性半塊狀硫化物帶組成的呼氣地平線。GEN-22-29 中的鎳截距來自帶狀和磁性呼氣式硫化物地平線。
- GEN-22-30 中的銅截距來自安山體單元，其中的石英脈在黃銅礦中被強烈礦化，被描述爲-QV 5-10% 黃銅礦，微量閃鋅礦，與核心的接觸方向不規則。
- GEN-22-31 中的銀鋅截面針對的是歷史悠久的 Lac du Canard 礦點，位於中間火山中，火山中有淺黃綠色絹雲巖 + 二氧化硅改性枕頭，深灰色櫻桃色邊緣可容納多達 50% 的亞面體黃鐵礦立方體。
Generic Gold will continue to assess further targets across the Belvais project. Due to the vast land package held by the Company, many targets remain to be tested.
Generic Gold將繼續評估整個Belvais項目的更多目標。由於該公司持有大量一攬子土地，許多目標仍有待測試。
Qualified Person
合格人員
Aaron Stone P.Geo, (OGQ - 2170), Vice President Exploration of Generic Gold and Qualified Person ("QP") as such term is defined by National Instrument 43-101 - Standards of Disclosure for Mineral Projects, has reviewed and approved the geological information reported in this news release. The Qualified Person has not completed sufficient work to verify the historical information on the Property and in the vicinity, particularly in regards to historical drill results and historical mine production. However, the Qualified Person believes that these results were completed to industry standard practices. The information provides an indication of the exploration potential of the Property but may not be representative of expected results. Also, mineralization hosted on adjacent and/or nearby properties is not necessarily indicative of mineralization hosted on the Company's property.
Aaron Stone P.Geo，（OGQ-2170），仿製金和合格人員探索副總裁（”QP“) 因爲這個術語是由國家儀器43-101定義的- 礦產項目披露標準，已審查並批准了本新聞稿中報道的地質信息。合格人員尚未完成足夠的工作來覈實有關該物業及周邊地區的歷史信息，特別是有關歷史鑽探結果和歷史礦山產量的信息。但是，合格人員認爲，這些結果是按照行業標準慣例完成的。該信息表明了該物業的勘探潛力，但可能不能代表預期的結果。此外，位於鄰近和/或附近物業的礦化不一定表示公司財產上存在礦化。
About Generic Gold
關於通用黃金
Generic Gold is a Canadian mineral exploration company focused on gold projects in the Tintina Gold Belt in the Yukon Territory of Canada and the Abitibi Greenstone Belt in Quebec, Canada. The Company's Quebec exploration portfolio consists of four properties covering 12,563 hectares proximal to the town of Normétal, and east of Amex Exploration's Perron project and the past-producing Normétal mine. The Company's Yukon exploration portfolio consists of several projects with a total land position of greater than 35,000 hectares, all of which are 100% owned by Generic Gold. Several of these projects are in close proximity to significant gold deposits, including Goldcorp's Coffee project, Victoria Gold's Eagle Gold project, White Gold's Golden Saddle project, and Western Copper & Gold's Casino project. Generic Gold's board of directors and management team is led by experienced mining industry professionals, with expertise in exploration, finance, capital markets, and mine development. For information on the Company's property portfolio, visit the Company's website at .
Generic Gold是一家加拿大礦產勘探公司，專注於加拿大育空地區的丁蒂納金帶和加拿大魁北克的阿比提比綠地帶的黃金項目。該公司的魁北克勘探投資組合包括四處地產，佔地12,563公頃，位於諾梅塔爾鎮附近，位於美國運通勘探公司的Perron項目和過去生產的Norme'tal礦以東。該公司的育空地區勘探投資組合包括多個項目，總土地面積超過35,000公頃，所有這些項目均由Generic Gold100％擁有。其中一些項目與重要的金礦牀非常接近，包括Goldcorp的咖啡項目、維多利亞金的鷹金項目、White Gold的Golden Saddle項目和Western Copper & Gold的賭場項目。Generic Gold的董事會和管理團隊由經驗豐富的採礦業專業人士領導，他們在勘探、金融、資本市場和礦山開發方面擁有專業知識。有關公司房地產投資組合的信息，請訪問公司的網站。
For further information contact:
欲瞭解更多信息，請聯繫：
Generic Gold Corp.
Aaron Stone, VP Exploration
Tel: +1 (514) 235-6012
astone@genericgold.ca
通用黃金公司
亞倫·斯通，探索副總裁
電話：+1 (514) 235-6012
astone@genericgold.ca
NEITHER THE CANADIAN SECURITIES EXCHANGE NOR THEIR REGULATION SERVICES PROVIDERS ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
加拿大證券交易所及其監管服務提供商均不對本新聞稿的充分性或準確性承擔責任。
Certain statements in this press release are "forward-looking" statements within the meaning of Canadian securities legislation. All statements, other than statements of historical fact, included herein are forward-looking information. Forward-looking statements are necessarily based upon the current belief, opinions and expectations of management that, while considered reasonable by the Company, are inherently subject to business, economic, competitive, political and social uncertainties and other contingencies. Many factors could cause the Company's actual results to differ materially from those expressed or implied in the forward-looking statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. The Company does not undertake to update any forward-looking statements or forward-looking information that are incorporated by reference herein, except in accordance with applicable securities laws. Investors are cautioned not to put undue reliance on forward-looking statements due to the inherent uncertainty therein. We seek safe harbour.
本新聞稿中的某些聲明是加拿大證券立法所指的 “前瞻性” 聲明。除歷史事實陳述外，此處包含的所有陳述均爲前瞻性信息。前瞻性陳述必然基於管理層當前的信念、觀點和期望，儘管公司認爲這些信念、觀點和期望是合理的，但本質上會受到商業、經濟、競爭、政治和社會不確定性以及其他突發事件的影響。許多因素可能導致公司的實際業績與前瞻性陳述中表達或暗示的業績存在重大差異。因此，讀者不應過分依賴前瞻性陳述和前瞻性信息。除非根據適用的證券法，否則公司不承諾更新此處以引用方式納入的任何前瞻性陳述或前瞻性信息。提醒投資者不要過分依賴前瞻性陳述，因爲前瞻性陳述存在固有的不確定性。我們尋求安全避難所。
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譯文內容由第三人軟體翻譯。