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Champion Electric Explores Possible Extension of Iron Creek Trend Onto Its Twin Peaks Cobalt Project in Idaho

Champion Electric Explores Possible Extension of Iron Creek Trend Onto Its Twin Peaks Cobalt Project in Idaho

Champion Electric 探索是否可能將 Iron Creek 趨勢擴展到其位於愛達荷州的雙峯鈷項目
newsfile ·  2023/08/10 19:07

Toronto, Ontario--(Newsfile Corp. - August 10, 2023) - Champion Electric Metals Inc. (CSE: LTHM) (OTCQB: CHELF) (FSE: 1QB0) ("Champion Electric" or the "Company") is pleased to announce that the Company has received the final reports and fully processed data for the UAV-based aeromagnetic survey conducted by MWH Geo-Surveys (Reno) (the "Survey") at the Twin Peaks Project, Lemhi County, ID.

安大略省多倫多-(Newsfile Corp.-2023年8月10日)-Champion Electric Metals Inc.(CSE:LTHM)(OTCQB:CHELF)(FSE:1QB0)(“冠軍電氣“或”公司)很高興地宣佈,本公司已經收到了MWH Geo-Survey(Reno)在密歇根州萊姆希縣雙峰專案進行的無人機航磁調查的最終報告和全面處理的數據。

The principal findings from the Survey support a possible southeasterly continuation along strike of the favourable rocks and structures that host known copper-cobalt mineralization at the Iron Creek Project, which is located adjacent to the Twin Peaks Project.

調查的主要結果表明,在毗鄰雙峰專案的鐵溪專案,有利的岩石和構造可能沿東南方向繼續存在,這些岩石和構造蘊藏著已知的銅鈷礦化。

The new high-resolution magnetics data revealed a sharp discrimination between magnetite-bearing and magnetite-deficient metasedimentary strata in the western portion of the Twin Peaks Project (Fig. 2). This magnetic contrast approximates the contact of the Coarse Unit with the overlying Banded Unit of the Apple Creek Formation. The lower portion of the Banded Unit is host to significant copper-cobalt mineralization at the adjacent Iron Creek Project of Electra Battery Materials, including both the Iron Creek resource and the Ruby Zone discovery. Superposition of UAV-based aeromagnetic data at the Twin Peaks Project onto regional USGS aeromagnetic coverage in Figure 2 allows recognition of the stratigraphic interval at Twin Peaks Project that is inferred to have the greatest potential to host additional Iron Creek-style copper-cobalt mineralization.

新的高解析度磁學數據揭示了雙峰工程西段含磁鐵礦和貧磁鐵礦的變質沉積層之間的明顯區別(圖2)。這種磁性對比接近於粗單元與蘋果溪地層上覆條帶狀單元的接觸。帶狀單元的下部是毗鄰的Electra電池材料鐵溪專案重要的銅鈷礦化的所在地,包括鐵溪資源和紅寶石帶發現。將雙峰專案的無人機航磁數據疊加到圖2中美國地質勘探局的區域航磁覆蓋範圍上,可以識別出雙峰專案的地層間隔,該地層間隔被推斷為最有可能蘊藏額外的鐵溪式銅鈷礦化。

"The apparent southeasterly continuation along strike of the Iron Creek trend adds to our excitement about the potential of the western portion of the Twin Peaks Project," commented President and CEO Jonathan Buick. "Results of our recently completed Phase I program of stream sediment and rock sampling are eagerly anticipated and will likely generate more targets across the property for our Phase II efforts," he added.

“鐵溪趨勢的明顯東南向延續,增加了我們對雙峰專案西部潛力的興奮。”總裁和首席執行官喬納森·別克評論道。我們最近完成的水系沉積物和岩石採樣第一階段專案的結果令人熱切期待,可能會為我們的第二階段工作帶來更多目標。他補充說

The survey comprises 630 km of east-west flight lines and over 1.4 million readings at approximately one-half metre spacing (Fig. 1). Average sensor height was 32 m above ground level and flight line spacing was 50 m. The data have been examined for quality assurance and subjected to additional processing and interpretation by James Wright, Wright Geophysics (Spring Creek, NV).

這項調查包括630公里的東西向飛行路線和超過140萬個讀數,讀數大約為半米(圖1)。感測器的平均高度為離地面32米,測線間距為50米。為了保證質量,數據經過了檢驗,並由萊特地球物理公司(內華達州斯普林克裡克)的詹姆斯·賴特進行了額外的處理和解釋。


Fig. 1. Twin Peaks Project claim perimeter, UAV aeromagnetics flight lines (red), and aeroradiometrics test area (blue).


圖1.雙峰計劃索賠周長,無人機航磁飛行線(紅色),航空放射測量學測試區(藍色)。

In addition to aeromagnetic data, MWH Geo-Surveys completed aeroradiometric data acquisition over a 4.75 km2 test area (Figs. 1 and 3), providing coverages for potassium, uranium, thorium, and total count. Drone-based radiometrics is a new technology that may lower the cost and increase the efficacy of this important mapping tool. The prominent potassium linear shown in Figure 3 will be examined in the field during the Phase II exploration program.

除了航磁數據外,MWH Geo-Survey還完成了4.75公里範圍內的航空放射數據採集2.測試區(圖1和圖3),提供鉀、鈾、釷和總計數的覆蓋範圍。基於無人機的輻射測量是一項新技術,可能會降低這一重要測繪工具的成本並提高其效率。圖3中顯示的突出鉀線將在第二階段勘探計劃期間在野外進行檢查。


Fig. 2. Twin Peaks Project UAV aeromagnetic survey over USGS 2022 regional aeromagnetic survey (total magnetic intensity, reduced to pole filter)


圖2.USGS 2022區域航磁調查的雙峰計劃無人機航磁調查(總磁強度,降至極濾波)


Fig. 3. Twin Peaks Project UAV aeroradiometrics test grid (Fig. 1).


圖3.雙峰計劃無人機航空輻射測量測試網格(圖1)。

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。

Corporate Update

企業動態

Champion Electric has also granted a total of 6,000,000 restricted share units ("RSUs") to its Board of Directors and CEO pursuant to the Company's Restricted Share Unit Plan. All of the granted RSUs vest 1/3 over three years. Once vested, each RSU represents the right to receive one common share of Champion Electric or the equivalent cash value thereof at the Company's discretion.

冠軍電氣還根據公司的限制性股票單位計劃,向其董事會和首席執行官授予了總計6,000,000個限制性股票單位(“RSU”)。所有被授予的RSU都在三年內授予三分之一。一旦授予,每個RSU代表有權獲得Champion Electric的一股普通股或相當於該股的現金價值,由公司自行決定。

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。

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 "CHELF", 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“CHELF”,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.

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。

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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