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Champion Electric Completes Phase One of 2023 Field Program at the Twin Peaks Cobalt Project in Idaho

Champion Electric Completes Phase One of 2023 Field Program at the Twin Peaks Cobalt Project in Idaho

Champion Electric 在愛達荷州 Twin Peaks Cobalt 項目完成 2023 年第一階段
newsfile ·  2023/07/17 19:00

Toronto, Ontario--(Newsfile Corp. - July 17, 2023) - Champion Electric Metals Inc. (CSE: LTHM) (OTCQB: GLDRF) (FSE: 1QB0) ("Champion Electric" or the "Company") is pleased to announce that the Company has completed Phase I of the Twin Peaks Cobalt Project 2023 field program in the heart of the Idaho Cobalt Belt.

安大略省多倫多-(Newsfile Corp.-2023年7月17日)-冠軍電氣金屬公司。(CSE:LTHM)(OTCQB:GLDRF)(FSE:1QB0)(“冠軍電氣“或”公司“)很高興地宣佈,公司已經完成了位於愛達荷州鈷帶中心的2023年雙峰鈷專案第一階段。

The Phase 1 field program consisted of stream sediment and outcrop rock sampling in conjunction with geologic mapping (see Figure 1). The Company has submitted samples to the ALS Global preparation lab in Twin Falls, ID and will begin a desktop study on recent findings.

第一階段實地方案包括水系沉積物和露頭岩石採樣以及地質制圖(見圖1)。該公司已經向位於伊利諾伊州Twin Falls的ALS全球準備實驗室提交了樣本,並將開始對最近的發現進行桌面研究。

"The Phase I program consisted of field examination of 73 watersheds and 85 candidate stream sediment sample sites within the Twin Peaks claim block, from which 32 stream sediment samples were collected," commented President and CEO Jonathan Buick. "Stream sediment sample density along the western portion of the project is judged to be sufficient to recognize potential southeasterly continuation along strike of copper-cobalt mineralization known at the adjacent Iron Creek Project of Electra Battery Materials."

“第一階段的工作包括實地考察雙峰地區內的73個流域和85個候選水系沉積物樣本,共收集了32個水系沉積物樣本。”總裁和首席執行官喬納森·別克評論道。“據判斷,該專案西部沿線的水系沉積物樣本密度足以識別出鄰近的Electra電池材料鐵溪專案已知的銅鈷礦化沿走向可能向東南延伸。”

"Additionally, geologic mapping and outcrop rock sampling were commenced and will be continued in the Phase II program starting August 1. All samples from the Phase I program have been submitted for multi-element ICP analysis and gold fire assay. Preliminary results are expected in July," Mr. Buick added.

“此外,地質填圖和露頭岩石採樣已經開始,並將在8月1日開始的第二階段計劃中繼續進行。第一階段計劃的所有樣本都已提交進行多元素電感耦合等離子體分析和金火分析。初步結果預計將於7月公佈,”別克補充道。

The 2023 Phase 1 field work also investigated the scale of the Twin Peaks Mine base and precious metals hydrothermal system located in the northeastern portion of the claim block. Georeferencing of historical underground geological mapping by Landreth (1964) was completed by capturing the GPS coordinates of the portals for Levels 1 and 2 south of Corral Creek. The minimum width and strike dimensions of the hydrothermal system are approximately 350 m and 500 m, respectively (Fig. 2). Historical lead-copper-silver-gold production derived from a series of 1-2 m wide and northwest-striking chloritic shear zones within the larger hydrothermal system, which is hosted in the quartzite of the Apple Creek Formation. Assays are pending for seven samples of variably altered and mineralized rocks from waste dumps.

2023年第一階段實地工作還調查了位於索賠區塊東北部的雙峰礦山基地和貴金屬熱液系統的規模。Landreth(1964)通過獲取Corral Creek以南1級和2級入口的GPS座標完成了對歷史地下地質測繪的地理參考。熱液系統的最小寬度和走向尺寸分別約為350米和500米(圖2)。歷史上的鉛-銅-銀-金產出來自更大的熱液系統內一系列寬1-2米、北西向的綠泥質剪切帶,賦存於Apple Creek組的石英岩中。七個來自垃圾場的可變蝕變和礦化岩石樣本的分析還在進行中。

Landreth further described copper prospects located both 1 km north and 1 km south of the Twin Peaks Mine. A dozer trench was completed at the northern prospect prior to 1964. Champion Electric geologists collected four samples of quartz veining with variable amounts of iron oxides and secondary copper minerals from the trench spoil pile for assay. The southern copper prospect is a 2 m diameter prospect pit identified from orthophotography following completion of Phase I field work; sampling of this occurrence is a priority for the Phase II program in July.

Landreth進一步描述了位於Twin Peaks礦以北1公里和以南1公里的銅礦前景。一條推土機壕溝在1964年前在北部遠景完成。冠軍電力地質學家從海溝廢渣堆中收集了四個含有不同數量鐵氧化物和次生銅礦的石英脈樣本進行分析。南方銅礦探礦是在第一階段野外工作完成後通過正射攝影確定的直徑2米的探礦礦坑;7月第二階段計劃的優先事項是對該礦體進行採樣。

Inclusion of the northern and southern prospects within the Twin Peaks Mine hydrothermal system infers a potential minimum strike length of 2 km (Fig. 3). Reconnaissance soil lines with samples at 20 m spacing are being considered to define the limits of possible trenching and bedrock sampling both north and south of historical underground mining. The Twin Peaks Mine and satellite prospects are located on land administered by the Bureau of Land Management and it is possible to proceed with ground disturbance of less than five acres in 2023 under a Notice of Intent (NOI).

將北部和南部的前景包括在雙峰礦的熱液系統中,推斷潛在的最小走向長度為2公里(圖3)。正在考慮以20米間距取樣的勘察土壤線,以確定歷史上地下開採的南北兩個地區可能進行的挖溝和基岩取樣的界限。雙峰煤礦和衛星勘探位於土地管理局管理的土地上,根據意向通知(NOI),有可能在2023年繼續進行不到5英畝的地面幹擾。

The Twin Peaks Project comprises 2,761 hectares (6,820 acres) and includes both the historical Twin Peaks Copper Mine and the Badger Basin Prospect (refer to the Idaho Champion Press Release of March 23, 2023). The property is at an early stage of exploration but located approximately 3 kilometres southeast from Electra Battery Metals' advanced exploration stage Iron Creek Project, which boasts an indicated resource of 4.4 Mt* grading 0.19% cobalt (Co) and 0.73% copper (Cu) and 1.2 Mt* grading 0.08% Co and 1.34% Cu in the inferred category (NI 43-101 Technical Report and Mineral Resource Estimate for the Iron Creek Cobalt-Copper Property, Lemhi County, Idaho, USA).

雙峰計劃佔地2761公頃(6820英畝),包括歷史悠久的雙峰銅礦和獾盆地展望(請參閱2023年3月23日的愛達荷州冠軍新聞稿)。該礦產處於勘探早期階段,但位於Electra Battery Metals高級勘探階段Iron Creek專案東南約3公里處,該專案的指示資源量為4.4公噸*品位0.19%的鈷(Co)和0.73%的銅(Cu),以及1.2公噸*品位0.08%的鈷和1.34%的銅(美國愛達荷州萊米縣Iron Creek鈷銅礦的NI 43-101技術報告和礦產資源評估)。

* The Projects are at an early stage of exploration, and the Company cautions that the qualified persons who have reviewed and approved this news release have not verified scientific or technical information produced by third parties.

*這些專案處於探索的早期階段,公司警告說,審閱和批准本新聞稿的合格人員尚未核實第三方提供的科學或技術資訊。

Further, proximity to projects containing cobalt-copper resources offers no assurance that the rock types or resources reported by Electra, Jervois and others will extend onto the Projects; nor should such proximity be assumed to imply similarity to mineralization and results reported by other companies in the district.

此外,鄰近含鈷銅資源的專案不能保證Electra、Jervois和其他公司報告的岩石類型或資源將延伸到專案上;也不應認為這種鄰近意味著與該地區其他公司報告的礦化和結果相似。

Qualified Person

有資格的人

Patrick Highsmith, Certified Professional Geologist (AIPG CPG # 11702) and director of the Company, is a qualified person as defined by National Instrument 43-101. Mr. Highsmith has helped prepare, reviewed, and approved the technical information in this news release.

帕特裡克·海史密斯,註冊專業地質師(AIPG CPG****11702),公司董事,是國家儀器43-101定義的合格人員。海史密斯先生幫助準備、審查和批准了本新聞稿中的技術資訊。


Figure 1: Twin Peaks Project watersheds (pink polygons), stream sediment sample locations (green dots), and rock sample locations (red dots) with historical mines and prospects.


圖1:雙峰專案分水嶺(粉色多邊形)、水系沉積物樣本位置(綠點)和岩石樣本位置(紅點),其中有歷史礦山和勘探前景。


Figure 2: Dimensions of the Twin Peaks Mine


圖2:雙峰礦的尺寸


Figure 3: Twin Peaks System


圖3:雙峰系統

About Champion Electric Metals Inc.

關於冠軍電氣金屬公司

Champion Electric is a discovery-focused exploration company that is committed to advancing its highly prospective lithium properties in Quebec, Canada and cobalt properties in Idaho, United States. In addition, the Company owns the Baner gold project in Idaho County and the Champagne polymetallic project in Butte County near Arco.

冠軍電氣是一家專注於發現的勘探公司,致力於推進其在加拿大魁北克極具前景的鋰礦和美國愛達荷州的鈷礦。此外,該公司還擁有愛達荷縣的Baner金礦專案和靠近Arco的巴特縣的香檳多金屬專案。

The Company's shares trade on the CSE under the trading symbol "LTHM", on the OTCQB under the trading symbol "GLDRF", and on the Frankfurt Stock Exchange under the symbol "1QB0". Champion Electric strives to be a responsible environmental steward, stakeholder and contributing citizen to the local communities where it operates, taking its social license seriously, employing local community members and service providers at its operations whenever possible.

該公司的股票在CSE的交易代碼為“LTHM”,在OTCQB的交易代碼為“GLDRF”,在法蘭克福證券交易所的交易代碼為“1QB0”。冠軍電氣努力成為其運營所在當地社區負責任的環境管理員、利益相關者和有貢獻的公民,認真對待其社會許可證,盡可能在其運營中聘用當地社區成員和服務提供商。

ON BEHALF OF THE BOARD OF CHAMPION ELECTRIC
"Jonathan Buick"
Jonathan Buick, President and CEO

我代表冠軍電氣公司董事會
《喬納森·別克》
喬納森·別克,總裁兼首席執行官

To learn more, please visit the Company's SEDAR profile at or the Company's corporate website at .

欲瞭解更多資訊,請訪問公司的SEDAR簡介或公司網站。

For further information, please contact:
Investor Relations and Communications
Phone: (416) 567-9087
Email: investors@champem.com

如需更多資訊,請聯繫:
投資者關係與溝通
電話:(416)567-9087
電子郵件:Investors@Chamelem.com

Cautionary Statements

警示聲明

Neither the Canadian Securities Exchange nor its regulation services provider has reviewed or accepted responsibility for the adequacy or accuracy of this press release. This press release may include forward-looking information within the meaning of Canadian securities legislation, concerning the business of the Company. Forward-looking information is based on certain key expectations and assumptions made by management of the Company, including closing of the Transactions and the prospectivity of the Projects for lithium. Although the Company believes that the expectations and assumptions on which such forward-looking information is based on are reasonable, undue reliance should not be placed on the forward-looking information because the Company can give no assurance that they will prove to be correct. Forward-looking statements contained in this press release are made as of the date of this press release. The Company disclaims any intent or obligation to update publicly any forward-looking information, whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws.
The Projects are at an early stage of exploration, and the Company cautions that the qualified persons who have reviewed and approved this news release have not verified scientific or technical information produced by third parties.

加拿大證券交易所及其監管服務提供商都沒有對本新聞稿的充分性或準確性進行審查或承擔責任。本新聞稿可能包括加拿大證券法所指的有關公司業務的前瞻性資訊。前瞻性資訊基於公司管理層做出的某些關鍵預期和假設,包括完成交易和鋰專案的前景。儘管公司認為這些前瞻性資訊所基於的預期和假設是合理的,但不應過度依賴前瞻性資訊,因為公司不能保證這些資訊將被證明是正確的。本新聞稿中包含的前瞻性陳述是自本新聞稿發佈之日起作出的。除適用的證券法要求外,公司沒有任何意圖或義務公開更新任何前瞻性資訊,無論是由於新資訊、未來事件或結果或其他原因。
這些專案處於早期勘探階段,本公司提醒,審閱和批准本新聞稿的合格人員尚未核實第三方提供的科學或技術資訊。

To view the source version of this press release, please visit

要查看本新聞稿的源版本,請訪問

譯文內容由第三人軟體翻譯。


以上內容僅用作資訊或教育之目的,不構成與富途相關的任何投資建議。富途竭力但無法保證上述全部內容的真實性、準確性和原創性。
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