SLAM Acquires Peninsula Critical Minerals Lithium-Tantalum Project in Proven Lithium Camp in Québec From WhiteRock
SLAM Acquires Peninsula Critical Minerals Lithium-Tantalum Project in Proven Lithium Camp in Québec From WhiteRock
302 Mineral Claims in Proven James Bay Lithium District
久經考驗的詹姆斯灣鋰區有302項礦產索賠
Image 1
圖片 1
MIRAMICHI, New Brunswick, Nov. 22, 2023 (GLOBE NEWSWIRE) -- SLAM Exploration Ltd. (TSX-V:SXL) (OTC: SLMXF) ("SLAM" or the "Company") is pleased to announce it has entered into an option agreement with Dustin Nanos and WhiteRock Corp. ("WhiteRock") signed November 7, 2023 (the "Option Agreement") whereby SLAM can acquire 100% of the Peninsula Critical Mineral lithium project neighboring the Rose lithium-tantalum project operated by Critical Elements Lithium Corp. located on the territory of Eeyou Istchee in the proven James Bay lithium camp in Québec. All sections of the project are located on the traditional lands of the Cree Nation of Eastmain.
新不倫瑞克省米拉米奇，2023年11月22日（GLOBE NEWSWIRE）——SLAM勘探有限公司（TSX-V: SXL）（場外交易代碼：SLAMXF）（“SLAM” 或 “公司”）欣然宣佈，已與達斯汀·納諾斯和WhiteRock Corp.（“WhiteRock”）於2023年11月7日簽署了期權協議（“期權協議”），根據該協議，SLAM可以100％收購半島關鍵礦產鋰項目毗鄰由Critical Elements Lithium Corp. 運營的玫瑰鋰鉭項目，該項目位於魁北克久經考驗的詹姆斯灣鋰營地的Eeyou Istchee境內。該項目的所有部分都位於伊斯特曼克里民族的傳統土地上。
Project Highlights:
項目亮點：
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Proven Lithium District: The Peninsula project comprises 302 claim units covering 4,700 hectares in 4 claim groups located 10 to 30 kilometres northeast of the 60 million tonne Rose lithium-tantalum deposit and mine project operated by Critical Elements Lithium Corp. ("CRE"). CRE filed a positive feasibility study October 11,2023 for a potential mine at the Rose Deposit* based on the following reserves and resources:
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Rose Deposit:
CRE Website: 60 M tonne Rose Lithium Deposit as of August 1st, 2023
Probable Reserves*: 26.3 M tonnes 0.87% Li2O and 138 ppm Ta2O5
Indicated Resources*: 30.561 M tonnes 0.93% Li2O and 118 ppm Ta2O5
Inferred Resources*: 2.384 M tonnes 0.78 % Li2O and 129 ppm Ta2O5
*Reference: Rose Lithium-Tantalum Project, Feasibility Study Ni 43-101, Technical Report, Critical Elements Lithium Corporation 1.3 Project No.: Ca0005226.0808, Effective Date: August 29, 2023, Issue Date: October 11, 2023 WSP Canada Inc.; pages 27-28 Mineral Resources and Reserves, SEDAR File 000024726.
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Lithium Potential of the Area:
The Peninsula lithium project located northeast of the Rose lithium tantalum project as shown on Image 1 and is underlain by volcano-sedimentary and intrusive rock formations similar to those occurring on the Rose project. These formations could host pegmatites similar to the northeast-trending lithium pegmatite bodies that outcrop on the Rose project. Several potential areas of outcrop that are prospective for pegmatites can be identified from Google Earth and satellite views.
CRE recently announced several new lithium discoveries and identified 4 new spodumene-bearing pegmatite outcrops in their "New Discovery Area" on the Rose project. According to CRE, "the apparent strike length along the outcrops exceeds 400 metres to date, the results from the initial 10 selected samples have been received. All samples are lithium-bearing and 50% of them report values over 3% Li2O with some results as high as... 5.62% Li2O...The reader is cautioned that grab samples are selective by nature and may not represent average grades".
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Infrastructure: The Project is 50 km north-west of Nemaska's Whabouchi lithium mine, 20 km south of Hydro Québec's Eastmain 1 major hydroelectric dam and 80 km south of Goldcorp's Éléonore gold mine. The project is 45 kilometers north of the Cree village of Nemaska located approximately 300 km north-west of Chibougamau. The four sections of the project are all accessible from the Route du Nord, an all season road from Chibougamau. It can also be reached from Matagami, via Route 109 and Route du Nord. The Nemiscau airport is 50 km from the project.
- 已探明的鋰區：半島項目包括302個索賠單元，佔地4700公頃，分爲4個索賠組，位於Critical Elements Lithium Corp.（“CRE”）運營的6000萬噸玫瑰鋰鉭礦牀和礦山項目東北10至30公里處。CRE根據以下儲量和資源，於2023年10月11日提交了玫瑰礦牀*潛在礦山的積極可行性研究：
- 玫瑰存款：
CRE網站：截至8月1日，6000萬噸玫瑰鋰礦牀st，2023
可能的儲量*：2630 萬噸 0.87% 的鋰氧化物和 138 ppm Ta2O5
指示資源*：3,056.1 萬噸 0.93% Li2O 和 118 ppm Ta2O5
推斷資源*：238.4 萬噸 0.78% Li2O 和 129 ppm Ta2O5
*參考：玫瑰鋰鉭項目，可行性研究Ni 43-101，技術報告，Critical Elements Lithium Corporation 1.3項目編號：Ca0005226.0808，生效日期：2023年8月29日，發行日期：2023年10月11日 WSP Canada Inc.；第27-28頁礦產資源和儲量，SEDAR文件000024726。
- 該地區的鋰潛力：
半島鋰項目位於玫瑰鋰鉭項目的東北部，如圖 1 所示，其下方是火山沉積岩層和侵入性岩層，與羅斯項目中出現的岩層類似。這些地層可能含有偉晶岩，類似於在玫瑰項目中露出的東北方向的鋰偉晶岩體。從谷歌地球和衛星視圖中可以識別出有望出現偉晶岩的幾個潛在露頭區域。
CRE最近宣佈了幾項新的鋰發現，並在玫瑰項目的 “新發現區” 中發現了4個新的含鋰輝石偉晶岩露頭。根據CRE的說法，“迄今爲止，露頭沿線的表觀走向長度已超過400米，已經收到了最初10個選定樣本的結果。所有樣本都含鋰，其中50％的樣本報告的Li2O值超過3％，有些結果高達... 5.62％Li2O... 提醒讀者，採集的樣本天生具有選擇性，可能不代表平均等級”。
- 基礎設施：該項目位於內馬斯卡的Whabouchi鋰礦西北50公里處，魁北克水電公司的Eastmain 1號主要水力發電大壩以南20公里處，Goldcorp的E'le'onore金礦以南80公里處。該項目位於位於希布加莫西北約300公里處的內馬斯卡克里村以北45公里處。該項目的四個路段均可從北路進入，這是一條從希布加莫出發的全季公路。也可以從馬塔加米經109號公路和北路到達。內米斯考機場距離該項目50公里。
SLAM President Mike Taylor states: "The lithium potential of this area is well established by the known 60 million tonne lithium tantalum resource on the Rose project to the west and the Whabouchi lithium mine 50 km to the southeast. There is excellent potential for lithium deposits on our Peninsula claims. SLAM wishes to thank Dustin Nanos and WhiteRock for this opportunity and is compiling data in preparation for an exploration program on the Peninsula project."
SLAM 總裁邁克·泰勒說：”西邊的Rose項目和東南50公里處的Whabouchi鋰礦上已知的6000萬噸鋰鉭資源充分證實了該地區的鋰潛力。我們的半島主張上存在鋰礦牀的潛力巨大。SLAM感謝達斯汀·納諾斯和WhiteRock給我這個機會，他們正在彙編數據，爲半島項目的勘探計劃做準備。”
The Option Agreement
期權協議
To acquire interest in the Peninsula lithium project, SLAM must pay WhiteRock a total of $125,000, issue WhiteRock 7,000,000 common shares ("Shares") and make exploration expenditures in accordance with the following schedule over a period of three (3) years:
要收購半島鋰項目的權益，SLAM必須向WhiteRock支付總額爲12.5萬美元，發行WhiteRock700,000股普通股（“股份”），並在三（3）年內按照以下時間表支付勘探支出：
| Due Date | Common Share Payments |
Cash Payment (CAD) | Exploration Expenditures |
| Within 30 days of signing the Option Agreement | - | $25,000 | - |
| On or before April 30, 2024 | - | $100,000 | - |
| Within 5 days receipt of TSX Venture Exchange ("Exchange") approval |
2,500,000 |
- | - |
| On or before the 1st anniversary date of the Option Agreement |
2,225,000 |
- | - |
| December 31, 2024 | - | - | $500,000 in exploration work |
| On or before the 2nd anniversary date of the Option Agreement | 2,225,000 | ||
| December 31, 2026 | $1,000,000 in exploration work | ||
| Total | 7,000,000 | $125,000 | $1,500,000 |
| 截止日期 | 普通股 付款 |
現金付款 (加元) | 探索 支出 |
| 在簽署期權協議後的 30 天內 | - | 25,000 美元 | - |
| 2024 年 4 月 30 日當天或之前 | - | 100,000 美元 | - |
| 在5天內收到多倫多證券交易所風險交易所（“交易所”）的批准 |
2,500 |
- | - |
| 在 1 上或之前st 期權協議的週年紀念日 |
2,225,000 |
- | - |
| 2024年12月31日 | - | - | 50萬美元的勘探工作 |
| 在 2 之上或之前和 期權協議的週年紀念日 | 2,225,000 | ||
| 2026年12月31日 | 100萬美元的勘探工作 | ||
| 總計 | 7,000,000 | 125,000 美元 | 1,500 萬美元 |
Upon SLAM earning 100%, WhiteRock will retain a 1.5% Net Smelter Return (NSR) production royalty. SLAM retains the right to buy back one-third of the royalty equal to 0.5% NSR for a one-time payment of CAD $600,000 at any time.
在SLAM獲得100％的收入後，WhiteRock將保留1.5％的冶煉廠淨回報率（NSR）生產特許權使用費。SLAM保留隨時回購相當於0.5％NSR的三分之一的特許權使用費的權利，一次性支付60萬加元。
The Option Agreement and proposed Share issuances remain subject to approval by the Exchange. All Shares will be subject to a statutory hold period of four months and half the Shares will be subject to a hold period of eight months from issuance. SLAM will pay a finder's fee of 700,000 Shares and 0.5% NSR (the "Finder's NSR") to a qualified arm's length party. The Finder's NSR will be granted only upon completion of the 100% earn-in by SLAM. SLAM retains the right to purchase this Finder's NSR for $1,000,000 at any time.
期權協議和擬議的股票發行仍有待交易所批准。所有股票的法定持有期爲四個月，一半股票的持有期爲自發行之日起八個月。SLAM將向符合條件的正常交易方支付70萬股股票和0.5％的NSR（“Finder's NSR”）的發現費。Finder 的 NSR 只有在完成 SLAM 的 100% 收入後才能獲得。SLAM 保留隨時以 100 萬美元的價格購買這款 Finder 的 NSR 的權利。
About SLAM Exploration Ltd:
關於 SLAM 勘探有限公司：
SLAM is a resource company with a large portfolio of mineral claim holdings in 3 divisions; Critical & Strategic Elements, Gold and Base Metals. The recently acquired Peninsula Lithium-Tantalum, Ear Falls Lithium and Notre-Dame Niobium projects are significant additions to SLAM's Critical and Strategic Element portfolio.
SLAM是一家資源公司，在三個部門擁有大量礦產權利持股組合：關鍵和戰略元素、黃金和基本金屬。最近收購的半島鋰鉭、Ear Falls鋰和巴黎聖母院鈮項目是SLAM關鍵和戰略元素投資組合的重要補充。
SLAM has built its gold portfolio through exploration for gold along regional fault structures has resulted in significant gold discoveries including the Maisie gold vein system at SLAM's wholly owned Menneval project and a number of recent gold discoveries in southern New Brunswick on its Shadow Lake, Jake Lee and Highway projects. The Jake Lee, Rogers Lake and Highway projects are underlain by volcano-sedimentary sequences and highly fractionated intrusive bodies cut by deep-seated fault structures. These projects have potential for critical elements minerals as well as cobalt, silver and base metals.
SLAM通過沿區域斷層結構勘探黃金建立了黃金投資組合，發現了大量金礦，包括在SLAM全資擁有的Menneval項目中發現的Maisie金礦脈系統，以及最近在新不倫瑞克省南部的暗影湖、傑克·李和公路項目上發現的許多金礦。傑克·李、羅傑斯湖和公路項目由火山沉積層序列和由深層斷層結構切割的高度分裂的侵入體所覆蓋。這些項目有可能開採關鍵元素礦物以及鈷、銀和基本金屬。
The Company recently added the Mine Road zinc, lead, silver project to its base metal portfolio in the mineral rich Bathurst Mining Camp of New Brunswick. Previous workers drilled massive sulphide zones including one hole with a core interval grading 14.51% zinc, 5.86% lead, 0.67% copper and 139.9 g/t silver over a 9.0 metre interval. The Company holds NSR royalties and expects additional cash and share payments on the Wedge, Goodwin, and Ferguson base metal projects. .SLAM also holds NSR royalties and may receive addition cash and share payments on the Ramsay, Reserve Creek and Opikeigen gold projects.
該公司最近將Mine Road鋅、鉛、銀項目添加到其位於礦產豐富的新不倫瑞克省巴瑟斯特礦業營地的賤金屬投資組合中。以前的工人在9.0米的間隔內鑽探了大量的硫化物區域，包括一個岩心間隔爲14.51％的鋅、5.86％的鉛、0.67％的銅和139.9克/噸的銀。該公司持有NSR特許權使用費，預計Wedge、Goodwin和Ferguson賤金屬項目將獲得額外的現金和股份支付。.SLAM還持有NSR特許權使用費，並可能獲得拉姆齊、Reserve Creek和Opikeigen黃金項目的額外現金和股份付款。
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 的公司演示文稿，請單擊 SXL 演示文稿。更多信息可在SLAM網站SLAM和SEDAR+文件中找到，網址爲。在推特上關注我們 @SLAMGold。
QA-QC Procedures: The prospecting results described above are from recent news releases reported by other companies.
質量保證程序：上述勘探結果來自其他公司最近發佈的新聞稿。
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.
資格聲明：SLAM Exploration Ltd.總裁兼首席執行官邁克·泰勒·P.Geo是國家儀器43-101定義的合格人士，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.
本新聞稿中的某些信息可能構成前瞻性信息，包括有關礦產資源的陳述以及公司勘探和開發其物業的計劃。 這些信息基於當前的預期，這些預期存在重大風險和不確定性 這很難預測。實際結果可能與任何前瞻性結果中建議的結果存在重大差異 聲明。除非適用於公司的證券法有要求，否則公司沒有義務更新前瞻性陳述，也沒有義務更新實際業績可能與前瞻性陳述中反映的結果不同的原因。有許多風險因素可能導致未來的結果與此處描述的結果存在重大差異。識別風險和不確定性的信息包含在公司向加拿大證券監管機構提交的文件中，這些文件可在以下網址查閱。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:
聯繫信息：
Mike Taylor, President & CEO
Contact: 506-623-8960 mike@slamexploration.com
邁克·泰勒，總裁兼首席執行官
聯繫人：506-623-8960 mike@slamexploration.com
Eugene Beukman, CFO
Contact: 604-687-2038 ebeukman@pendergroup.ca SEDAR+: 00012459
尤金·博克曼，首席財務官
聯繫人：604-687-2038 ebeukman@pendergroup.ca SEDAR+：00012459
Image 1: Peninsula Lithium Project, James Bay region of Quebec
圖片 1：魁北克詹姆斯灣地區半島鋰業項目
An image accompanying this announcement is available at
本公告附帶的圖片可在以下網址獲得
譯文內容由第三人軟體翻譯。