BARREL PROVIDES EXPLORATION PLANS FOR TITAN X LITHIUM PROJECT
BARREL PROVIDES EXPLORATION PLANS FOR TITAN X LITHIUM PROJECT
Las Vegas, NV, June 22, 2023 (GLOBE NEWSWIRE) -- Barrel Energy Inc., (OTC Markets: BRLL) (the "Company" or "Barrel") or the "Company"), is pleased to provide the exploration plan for 2023 for our large Titan X Lithium project in Tanzania.
內華達州拉斯維加斯，2023年6月22日(環球通訊社)Barrel Energy Inc.(場外市場代碼：BRLL)(“公司”或“桶”)或“公司“)很高興為我們在坦桑尼亞的大型泰坦X鋰專案提供2023年的勘探計劃。
Based on the widespread high-grade lithium values encountered over the adjacent Titan 1 Lithium project of Titan Lithium (CDSG) to the North, Barrel sampled and located similar highly anomalous Lithium-in-soil values on the Titan X project.
基於泰坦鋰公司(CDSG)鄰近的泰坦1號鋰專案(CDSG)在鄰近的泰坦1號鋰專案上遇到的廣泛的高品位鋰值，木桶採樣並在泰坦X專案上定位了類似的高度異常的土壤中鋰的值。
During Q3 and Q4 of 2023, the Company plans to implement a detailed exploration program that will generate a top-tier Lithium target with very strong potential to provide critical lithium resources for the zero-carbon economy.
在2023年第三季度和第四季度，公司計劃實施一項詳細的勘探計劃，該計劃將產生一個具有非常強大潛力的頂級鋰目標，為零碳經濟提供關鍵的鋰資源。
Barrel Energy's immediate plan entails further prospecting and geochemical sampling to examine and define the extent and strength of lithium values in the Titan X Project. To date, our soil program has only covered a fraction of the project and revealed up to 6,100 ppm Li (1.32% Li2O) on surface. Barrel plans to aggressively expand this program to cover over ten times the initial area. As in-house and governmental geophysical data suggest, the Titan X project is underlain by the same volcanics and sediments as the adjacent Titan 1.
Barrel Energy的近期計劃需要進一步的勘探和地球化學採樣，以檢查和確定泰坦X專案中鋰價值的範圍和強度。到目前為止，我們的土壤專案只涵蓋了專案的一小部分，在地表發現了高達6,100ppm的Li(1.32%Li2O)。Barrel計劃積極擴大這一計劃，將覆蓋範圍擴大到最初的十倍以上。正如內部和政府的地球物理數據顯示的那樣，泰坦X專案與鄰近的泰坦1號專案一樣，被相同的火山岩和沉積物所覆蓋。
Soil geochemistry has been highly successful in locating and generating advanced lithium projects within the southwestern United States, an area that now plays host to several of the largest Lithium-in-clay deposits in North America. Within Nevada, Utah and Arizona many exploration companies have employed soil geochemistry and then, with trenching or drilling programs, encountered much higher-grade lithium values than those reported on-surface.
土壤地球化學在美國西南部成功地定位和產生了先進的鋰專案，該地區現在是北美幾個最大的黏土鋰礦床的所在地。在內華達州、猶他州和亞利桑那州，許多勘探公司都採用了土壤地球化學法，然後通過挖溝或鑽探計劃，發現了比地表報告的鋰品位高得多的鋰。
The cost of the Titan X acquisition for Barrel Energy was 1 million dollars for an initial 80% interest, in the consideration for the payment the company has issued 27,400,000 shares. The Company believes that its current market cap does not reflect the value of this new acquisition.
泰坦X收購Barrel Energy的成本為100萬美元，初始股權為80%，作為該公司發行27,400,000股票的支付代價。該公司認為，其目前的市值不能反映此次新收購的價值。
Harp Sangha, Chairman of Barrel states "What has been returned to-date from the Titan Projects has been exceptional, with no other exploration sites returning such expansive high-grade lithium values on surface. We see game-changing potential here and our planned work could, quite seriously, turn this into the single largest lithium find in the world."
Barrel董事長Harp Sangha表示：“到目前為止，泰坦專案返還的鋰資源是例外的，沒有其他勘探點在地表返還如此巨大的高品位鋰礦價值。我們看到了改變遊戲規則的潛力，我們計劃中的工作可能會非常認真地將這裡變成世界上最大的鋰礦藏。”
About Barrel: Barrel Energy Inc., (OTC Markets: BRLL) is focused on several ventures within the green energy and battery minerals sector and the rapid development of valuable production opportunities throughout North America and abroad. The company holds important joint venture agreements to advance technologies and processes for Electric Vehicle batteries.
關於Barrel：Barrel Energy Inc.(場外交易市場代碼：BRLL)專注於綠色能源和電池礦產行業的幾家合資企業，並在北美和海外迅速開發寶貴的生產機會。該公司持有重要的合資協定，以推進電動汽車電池的技術和工藝。
Please visit our new website and our twitter for more updates.
請訪問我們的新網站和我們的推特獲取更多更新。
Contact: Harp Sangha/Chairman
聯繫人：Harp Sangha/董事長
+17025952247/sanghaharp1964@gmail.com
+17025952247/郵箱：sanghaharp1964@gmail.com
Forward-Looking Statements:
前瞻性陳述：
This press release may contain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, such as statements relating to financial results and plans for future development activities and are thus prospective. Forward-looking statements include all statements that are not statements of historical fact regarding intent, belief or current expectations of the Company, its directors or its officers. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company's ability to control. Actual results may differ materially from those projected in the forward-looking statements. Among the factors that could cause actual results to differ materially from those indicated in the forward-looking statements are risks and uncertainties associated with the Company's business and finances in general, including the ability to continue and manage its growth, competition, global economic conditions and other factors discussed in detail in the Company's periodic filings with the Security and Exchange Commission.
本新聞稿可能包含1995年私人證券訴訟改革法所指的“前瞻性陳述”，例如與財務結果和未來發展活動計劃有關的陳述，因此具有前瞻性。前瞻性陳述包括所有不是關於公司、其董事或高級管理人員的意圖、信念或當前期望的歷史事實的陳述。請投資者注意，任何此類前瞻性陳述都不是對未來業績的保證，涉及風險和不確定因素，其中許多風險和不確定因素超出了公司的控制能力。實際結果可能與前瞻性陳述中預測的結果大不相同。可能導致實際結果與前瞻性陳述中指出的大不相同的因素包括與公司總體業務和財務有關的風險和不確定因素，包括繼續和管理其增長、競爭、全球經濟狀況的能力，以及在公司提交給證券交易委員會的定期報告中詳細討論的其他因素。
譯文內容由第三人軟體翻譯。