Newpath Resources Provides Year End Update on Exploration Program at the Alpha/Bravo Project
Newpath Resources Provides Year End Update on Exploration Program at the Alpha/Bravo Project
Vancouver, British Columbia--(Newsfile Corp. - December 20, 2023) - Newpath Resources Inc. (CSE: PATH) (FSE: 0MZ) (OTC PINK: RDYFF) ("Newpath" or the "Company") is pleased to announce that analytical results have been received from the prospecting program carried out on the Alpha/Bravo project (the "Project") during the late summer and fall of 2023. A total of 142 grab and channel rock samples were collected and submitted for analyses. All results have been received by the Company and are being compared with the LIBS (Laser Induced Breakdown Spectroscopy) data and prospectors' field records. Detailed modelling of the trace element data is ongoing, but results are comparable to other early-stage programs searching for lithium in pegmatite host rocks.
不列顛哥倫比亞省溫哥華--(Newsfile Corp.,2023 年 12 月 20 日)-Newpath Resources Inc.(CSE:PATH)(FSE:0MZ)(OTC PINK:RDYFF)(”新路徑“或者”公司“) 很高興地宣佈,已經收到了對Alpha/Bravo項目(即”項目“) 在 2023 年的夏末和秋季。共收集了142份抓鬥巖和海峽岩石樣本並提交分析。公司已收到所有結果,正在與LIBS(激光誘導擊穿光譜)數據和探礦者的現場記錄進行比較。微量元素數據的詳細建模正在進行中,但結果與其他在偉晶岩宿主巖中尋找鋰的早期項目相當。
The Company is encouraged by the outcome of its 2023 exploration Project at Alpha/Bravo and as a result, issued the final tranche of shares to the vendor. The Company now owns the Project 100% subject to an underlying royalty (See News Release dated December 6, 2023).
該公司對2023年Alpha/Bravo勘探項目的結果感到鼓舞,因此,向賣方發行了最後一批股票。該公司現在100%擁有該項目,但需繳納基礎特許權使用費(見2023年12月6日新聞稿)。
Qualified Person
合格人員
The technical content of this news release has been reviewed and approved by Douglas S. Turnbull, P.Geo., the Company's COO and a "Qualified Person" as defined in National Instrument 43-101 - Standards of Disclosure for Mineral Projects.
本新聞稿的技術內容已由道格拉斯·特恩布爾、P.Geo.、該公司首席運營官和國家儀器43-101——礦業項目披露標準中定義的 “合格人士” 審查和批准。
Private Placement Financing
私募融資
The Company also announces that the Company plans to complete a flow-through private placement offering up to $120,750 by issuance of 1,050,000 common shares (the "Shares") at a price of $0.115 per Share (the "Offering").
該公司還宣佈,公司計劃通過發行1,050,000股普通股來完成高達120,750美元的流通式私募發行(“股份“) 價格爲每股0.115美元(那個”提供“)。
The proceeds raised from the Offering are expected to be used for exploration. All Shares to be issued pursuant to the Offering will be subject to a four-month hold under applicable securities laws in Canada.
此次發行籌集的收益預計將用於勘探。根據加拿大適用的證券法,根據本次發行的所有股票將被凍結四個月。
Acknowledgment of First Nations
對原住民的認可
Newpath Resources Inc. is committed to fostering lasting, transparent, trust-based relationships with the Indigenous communities where we operate. We respectfully acknowledge that our Alpha/Bravo project is on the traditional territories of many Nations including Biinjitiwaabik Zaaging Anishinaabek, Fort William First Nation, Kiashke Zaaging Anishinaabek, Red Rock Indian Band, the Metis Nation of Ontario and Red Sky Metis Independent Nation.
Newpath Resources Inc. 致力於與我們開展業務的土著社區建立持久、透明、基於信任的關係。我們恭敬地承認,我們的Alpha/Bravo項目位於許多國家的傳統領土上,包括Biinjitiwaabik Zaaging Anishinaabek、Fort William First Nation、Kiashke Zaaging Anishinaabek、Red Rock Indian Band、安大略梅蒂斯民族和紅天梅蒂斯獨立國家。
Newpath Resources recognizes the great privilege of conducting work on these lands and recognizes the accountability and commitment we owe to the communities who have resided here since time immemorial. Newpath shares a common interest in ensuring that the lands and waters will continue to provide cultural, environmental, and economic wellbeing for Indigenous communities for generations to come.
Newpath Resources認識到在這些土地上開展工作的巨大榮幸,並認可我們對自遠古以來一直居住在這裏的社區負有的責任和承諾。Newpath在確保土地和水域能夠爲子孫後代繼續爲土著社區提供文化、環境和經濟福祉方面有着共同的利益。
About Newpath Resources Inc.
關於 Newpath 資源公司
Newpath is a Canadian exploration company listed on the Canadian Securities Exchange under the symbol PATH. Newpath's early-stage Orefield critical metal exploration project, which is composed of three claim groups (Alpha/Bravo, Charlie and Delta), totals 3,180 claim units covering approximately 67,448 hectares (approximately 674 square kilometres) west and southwest of Lake Nipigon in Northern Ontario. The company also wholly owns the Northshore gold project located in the Schreiber-Hemlo greenstone belt.
Newpath是一家在加拿大證券交易所上市的加拿大勘探公司,股票代碼爲PATH。Newpath的早期Orefield關鍵金屬勘探項目由三個索賠組(Alpha/Bravo、Charlie和Delta)組成,共有3,180個索賠單元,覆蓋安大略省北部尼皮貢湖以西和西南約67,448公頃(約674平方千米)。該公司還全資擁有位於施雷伯-赫姆洛綠巖帶的北岸黃金項目。
On Behalf of the Company,
代表公司,
NEWPATH RESOURCES INC.
NEWPATH 資源公司
"Alexander McAulay"
Chief Executive Officer
Email: amcaulay@newpathresource.com
CEO Direct Line: +1 (604) 365-0425
“亞歷山大·麥考利“
首席執行官
電子郵件:amcaulay@newpathresource.com
首席執行官直線電話:+1 (604) 365-0425
Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.
加拿大證券交易所及其監管服務提供商(該術語在CSE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。
Cautionary Statement Regarding Forward-Looking Information
關於前瞻性信息的警示聲明
This news release may contain certain "forward-looking information". Forward-looking information included in this news release includes, but is not limited to, statements with respect to the results of the field work. Forward-looking information is based upon the assumptions and estimates considered reasonable by management of the Company as of the date such statements are made. Forward-looking information involves known and unknown risks, uncertainties, assumptions, and other factors that may cause the actual results, performance, or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. As a result, readers are cautioned not to place undue reliance on any forward-looking information. Any statement containing forward looking information speaks only as of the date of this news release and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking information, whether as a result of new information, future events or results or otherwise.
本新聞稿可能包含某些 “前瞻性信息”。本新聞稿中包含的前瞻性信息包括但不限於與實地工作結果有關的陳述。前瞻性信息基於截至發表此類陳述之日公司管理層認爲合理的假設和估計。前瞻性信息涉及已知和未知的風險、不確定性、假設和其他因素,這些因素可能導致公司的實際業績、業績或成就與前瞻性信息所表達或暗示的任何未來業績、業績或成就存在重大差異。儘管公司管理層試圖確定可能導致實際業績與前瞻性陳述或前瞻性信息中包含的結果存在重大差異的重要因素,但可能還有其他因素導致業績與預期、估計或預期的結果不如預期、估計或預期。無法保證此類陳述會被證明是準確的,因爲實際結果和未來事件可能與此類聲明中的預期存在重大差異。因此,提醒讀者不要過分依賴任何前瞻性信息。任何包含前瞻性信息的聲明僅代表截至本新聞稿發佈之日,除非適用的證券法另有要求,否則公司不承擔任何更新任何前瞻性信息的意圖或義務,無論是由於新信息、未來事件或業績還是其他原因而導致的。
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譯文內容由第三人軟體翻譯。