Slam Closes Acquisition of Mine Road Project
Slam Closes Acquisition of Mine Road Project
EXPANDS ZINC COPPER SILVER FOOTPRINT IN BMC
擴大鋅銅銀在BMC的足跡
CORE INTERVALS TO 14.51% ZINC, 5.86% LEAD, 0.67% COPPER AND 139.9 G/T SILVER
岩心間隔為14.51%鋅、5.86%鉛、0.67%銅和139.9克/噸銀
MIRAMICHI, NB / ACCESSWIRE / September 27, 2023 / SLAM Exploration Ltd. (TSXV:SXL) ("SLAM" or the "Company") announces that further to the news release dated September 6, 2023, it has closed the property option agreement dated September 1, 2023 (the "Option Agreement") with Ian Ross (the "Optionor") to acquire a 100% interest in and to the Mine Road project, which is located adjacent to the former producing Heath Steele mine in the Bathurst Mining Camp ("BMC") of northern New Brunswick.
北卡羅來納州米拉米奇/ACCESSWIRE/2023年9月27日/SLAM勘探有限公司(多倫多證券交易所股票代碼：SXL)(“猛擊“或”公司“)宣佈，繼日期為2023年9月6日的新聞稿後，已完成日期為2023年9月1日的物業期權協定(”期權協定“)與伊恩·羅斯(The”選擇器)收購位於Bathurst採礦營地前生產Heath Steele礦附近的礦山路專案的100%權益(BMC“)位於新不倫瑞克北部。
Mine Road Project: The 7,500 hectare Mine Road project comprises 347 units in 2 mineral claims adjacent to the former producing Heath Steele mine property. From 1957 and 1996, the operator mined 21 million tonnes at Heath Steele with an average grade of 4.98% zinc, 0.36% lead, 0.54% copper and 69.66 g/t silver. A total of 2,330 million pounds of zinc, 833 million pounds of lead, 446 million pounds of copper and 45 million ounces of silver were processed. (For reference, these numbers are derived from: McCutcheon, S.R. (compiler) 1997; Geology and massive sulphides of the Bathurst Camp, New Brunswick; Geological Association of Canada - Mineralogical Association of Canada, Joint Annual Meeting, Ottawa '97, Field Trip B7, Guidebook, 85 p.)
礦道工程：該專案佔地7,500公頃，由兩個礦場中的347個單元組成，毗鄰以前生產的Heath Steele礦場。從1957年至1996年，該運營商在Heath Steele開採了2100萬噸，平均品位為4.98%的鋅、0.36%的鉛、0.54%的銅和69.66克/噸的銀。總共加工了23.3億磅的鋅，8.33億磅的鉛，4.46億磅的銅和4500萬盎司的銀。(作為參考，這些數位來自：McCutcheon，S.R.(編者)1997；Bathurst Camp的地質學和塊狀硫化物，新不倫瑞克；加拿大地質協會-加拿大礦物協會，聯合年會，渥太華‘97，實地考察B7，指南，85頁。
Volcanogenic Massive Sulphide Occurrences: The Mine Road project contains 7 volcanogenic massive sulphide occurrences including the Railroad Zone described above. The Company expects to generate additional targets once the Mine Road project database is integrated with SLAM's extensive Bathurst Joint Venture database. A total of $1,448,000 in exploration expenditures have been applied to the Mine Road project during the past 10 years and assessment work credits of $428,776 are available for future claim renewals.
火山成因塊狀硫化物產狀：礦道專案包含7個火山成因塊狀硫化物礦點，包括上述鐵路區。該公司預計，一旦礦山道路專案資料庫與SLAM廣泛的Bathurst合資企業資料庫整合，將產生更多目標。在過去10年中，總共有1,448,000美元的勘探支出用於礦山公路專案，還有428,776美元的評估工作積分可用於今後的索賠續期。
Infrastructure: The Mine Road project is located on the Mine Road (Route 430) which connects the former Heath Steele mine to the city of Miramichi which is 60 kilometres to the southeast. The claims are accessed from this paved road and a series of logging roads. Electric power is available from lines that connect Heath Steele to the New Brunswick power grid.
基礎設施：礦井公路專案位於礦井公路(430號公路)上，該公路連接前Heath Steele礦和東南60公里處的Miramichi市。索賠是從這條鋪設的道路和一系列伐木道路進入的。從連接希斯斯蒂爾和新不倫瑞克電網的線路上可以獲得電力。
The Agreement: The Company has made the first share issuance due pursuant to the Option Agreement and it has issued 100,000 common shares to the Optionor at a deemed price of $0.05 per share. The securities have a four month and one day hold period which will be expire on January 28, 2024, pursuant to Canadian securities laws.
《協定》：本公司已發行根據購股權協定到期的首批股份，並已按每股0.05美元的價格向購股權人發行100,000股普通股。根據加拿大證券法，這些證券的持有期為4個月零1天，將於2024年1月28日到期。
The Company can earn a 100% interest in and to the Mine Road project by making the following cash payments and common share issuances over a period of 4 years:
本公司可透過在4年內支付以下現金及發行普通股，在礦道專案中賺取100%權益：
| Due Date | Cash Payments | Common Share Issuances |
| Within 5 days receipt of approval from the TSX-V | - | 100,000 (issued) |
| On or before the 1st anniversary of the option agreement | $10,000 | 100,000 |
| On or before the 2nd anniversary of the option agreement | $10,000 | 100,000 |
| On or before the 3rd anniversary of the option agreement | $10,000 | 100,000 |
| On or before the 4th anniversary of the option agreement | $20,000 | 100,000 |
| Total | $50,000.00 | 500,000 |
| 到期日 | 現金支付 | 普通股發行 |
| 在收到TSX-V批准的5天內 | - | 10萬(已發放) |
| 在%1或之前ST期權協定週年紀念日 | 1萬美元 | 100,000 |
| 在2號或之前發送期權協定週年紀念日 | 1萬美元 | 100,000 |
| 在3號或之前研發期權協定週年紀念日 | 1萬美元 | 100,000 |
| 在4日或之前這是期權協定週年紀念日 | 2萬美元 | 100,000 |
| 總計 | 50,000美元 | 500,000 |
The Mine Road project is subject to a 2% NSR royalty. SLAM retains the right to buy back half the royalty equal to 1.0% NSR for $1,000,000 and the further right to buy back the remaining royalty equal to 1.0% NSR for $1,000,000 at any time. No finders' fees were paid on this arm's length Option Agreement.
礦山路專案需要繳納2%的NSR特許權使用費。SLAM保留以1,000,000美元回購相當於1.0%NSR的一半特許權使用費的權利，並保留隨時以1,000,000美元回購相當於1.0%NSR的剩餘特許權使用費的權利。本公平購股權協定並無支付任何找尋人費用。
The Company also announces that its board of directors has approved the grant of incentive stock options (the "Options") to directors, officers, employees and consultants to acquire a total of 2,400,000 common shares in the capital of the Company at an exercise price of $0.055. All Options were granted pursuant to the Company's 10% rolling stock option plan (the "Plan") and are subject to the terms of the Plan, the applicable grant agreements and the requirements of the TSX-Venture Exchange. The Options are exercisable for a five-year term expiring September 27, 2028.
本公司亦宣佈，其董事會已批准授予激勵性股票期權(“選項“)授予董事、高級管理人員、僱員和顧問，以0.055美元的行使價收購公司股本中總計2,400,000股普通股。所有購股權是根據公司的10%滾動股票期權計劃(”平面圖“)，並受該計劃的條款、適用的授予協定及多倫多證券交易所創業板交易所的要求所規限。該等期權可行使，為期五年，於2028年9月27日屆滿。
About SLAM Exploration Ltd.
The Mine Road project is a significant addition to SLAM's portfolio of wholly-owned BMC projects that include the A'Hearn, Strachens and Portage volcanogenic massive sulphide projects. The Company has extensive experience in the BMC and owns a huge database covering the entire mining camp dating back to its participation in the Bathurst Joint Venture. The Company holds NSR royalties and expects additional cash and share payments on the Wedge, Goodwin, Ramsay and Ferguson projects in this mineral rich area.
關於SLAM勘探有限公司
礦山路專案是SLAM全資擁有的BMC專案組合中的一個重要補充，其中包括A‘Hain、Strachens和Porage火山成因塊狀硫化物專案。該公司在BMC方面擁有豐富的經驗，並擁有一個涵蓋整個採礦營地的龐大資料庫，可追溯到它參與Bathurst合資企業。該公司持有NSR特許權使用費，並預計在這一礦產豐富的地區的Wedge、Goodwin、Ramsay和Ferguson專案上支付額外的現金和股票。
Elsewhere in the mineral-rich province of New Brunswick, exploration for gold along regional fault structures has resulted in significant gold discoveries. These include the Maisie gold vein system at SLAMs wholly owned Menneval project. With gold and copper trends up to 20 km long, SLAM has identified an area with high potential for additional gold discoveries and acquired the Shadow Lake, Jake Lee, Rogers Lake and Highway projects. These projects are associated with the Fundy fault zone and located in southwestern New Brunswick where Galway Metals recently announced a 2.3-million-ounce gold deposit at Clarence stream. Targeting critical elements as well as gold, the Company aggressively pursues new exploration opportunities such as the recent Highway and Mine Road acquisitions.
在礦產豐富的新不倫瑞克省的其他地方，沿著區域斷裂構造勘探金礦，已經發現了重大的金礦。其中包括SLAMS全資擁有的Menneval專案的Maisie金礦礦脈系統。憑藉長達20公里的黃金和銅礦趨勢，SLAM已經確定了一個具有更多金礦發現潛力的地區，並收購了影子湖、傑克·李、羅傑斯湖和駭維金屬加工專案。這些專案與芬迪斷裂帶有關，位於新不倫瑞克的西南部，高威金屬公司最近宣佈在克拉倫斯溪發現了230萬盎司的金礦。除黃金外，該公司還瞄準關鍵元素，積極尋求新的勘探機會，如最近對駭維金屬加工和MINE Road的收購。
To view SLAM's corporate presentation, click SXL-Presentation. Additional information is available on SLAMs website SLAM and SEDAR+ filings at . Follow us on twitter @SLAMGold.
要查看SLAM的企業演示文稿，請單擊SXL-Presentation。有關更多資訊，請訪問SLAMS網站SLAM和SEDAR+備案網站：。在Twitter@SLAMGold上關注我們。
QA-QC Procedures: The drilling results described above are from assessment reports by well established mining firms with assays from commercial laboratories. The assessment reports included a summary of QA-QC procedures and the Company deems these results to be reliable.
QA-QC程式：上述鑽探結果來自知名礦業公司的評估報告和商業實驗室的分析。評估報告包括QA-QC程式的摘要，公司認為這些結果是可靠的。
Qualifying Statements: Mike Taylor P.Geo, President and CEO of SLAM Exploration Ltd., is a qualified person as defined by National Instrument 43-101, and has approved the contents of this news release.
限定性聲明：Mike泰勒P.Geo，總裁，SLAM勘探有限公司首席執行官，是國家儀器43-101定義的合格人員，並已批准本新聞稿的內容。
Certain information in this press release may constitute forward-looking information, including statements regarding mineral resources and the Company's plans with respect to the exploration and development of its properties. This information is based on current expectations that are subject to significant risks and uncertainties that are difficult to predict. Actual results might differ materially from results suggested in any forward-looking statements. The Company assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those reflected in the forward looking-statements unless and until required by securities laws applicable to the Company. There are a number of risk factors that could cause future results to differ materially from those described herein. Information identifying risks and uncertainties is contained in the Company's filings with the Canadian securities regulators, which filings are available at . Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.
本新聞稿中的某些資訊可能構成前瞻性資訊，包括有關礦產資源的陳述以及該公司關於勘探和開發其物業的計劃。 這些資訊基於當前的預期，這些預期會受到重大風險和不確定性的影響。 是很難預測的。實際結果可能與任何前瞻性報告中建議的結果大不相同 發言。公司沒有義務更新前瞻性陳述，或更新實際結果可能與前瞻性陳述中反映的結果不同的原因，除非和直到適用於公司的證券法要求。有許多風險因素可能會導致未來的結果與本文所述的結果大不相同。識別風險和不確定性的資訊包含在該公司向加拿大證券監管機構提交的檔案中，這些檔案可在上查閱。TSXV及其監管服務提供商(該術語在TSXV的政策中定義)均不對本新聞稿的充分性或準確性承擔責任。
CONTACT INFORMATION:
聯繫方式：
Mike Taylor, President & CEO
Contact:
506-623-8960
mike@slamexploration.com
Mike·泰勒，總裁兼首席執行官
聯繫方式：
電話：506-623-8960
郵箱：Mike@slamExploration.com
Eugene Beukman, CFO
Contact:
604-687-2038
ebeukman@pendergroup.ca
SEDAR+: 00012459
尤金·布克曼，首席財務官
聯繫方式：
604-687-2038
郵箱：ebeukman@pendergroup.ca
SEDAR+：00012459
SOURCE: SLAM Exploration Ltd.
資料來源：SLAM勘探有限公司
譯文內容由第三人軟體翻譯。