ArcWest Announces the Results of the 3D IP Survey on Its Teeta Creek Porphyry Cu-Mo-Au Project: A Greater Than 40 MV/V Chargeability Anomaly Has Been Identified Below Undrilled Cu-Mo-Au Mineralized Stockwork in Teeta Creek Valley
ArcWest Announces the Results of the 3D IP Survey on Its Teeta Creek Porphyry Cu-Mo-Au Project: A Greater Than 40 MV/V Chargeability Anomaly Has Been Identified Below Undrilled Cu-Mo-Au Mineralized Stockwork in Teeta Creek Valley
Vancouver, British Columbia--(Newsfile Corp. - January 16, 2024) - ArcWest Exploration Inc. (TSXV: AWX) ("ArcWest") is pleased to announce the results of the recently completed 3D induced polarization ("IP") survey at its 100% owned Teeta Creek Project, northern Vancouver Island, British Columbia. The 2023 program, using Dias Geophysical's distributed array deep IP ("DCIP") survey system, has identified an areally extensive (approximately 1 km2), greater than 40 mV/V chargeability anomaly at depth underlying Teeta Creek valley and its north and south slopes; the anomaly remains nearly untested by drilling (Fig. 1). The IP anomaly is open to the north and south, with two prominent lobes situated at depth beneath the Teeta Creek porphyry Copper (Cu)-molybdenum (Mo)-gold (Au) system on the north and south slopes of Teeta Creek valley. The lobes are connected by a roughly N-S striking, greater than 40 mV/V chargeability corridor, the top of which lies approximately 300 m beneath recently recognized, undrilled Cu-Mo-Au mineralized stockwork of the Gap zone.
不列顛哥倫比亞省溫哥華--（Newsfile Corp.，2024年1月16日）——ArcWest Exploration Inc.（TSXV：AWX）（“ArcWest”）欣然宣佈最近在不列顛哥倫比亞省溫哥華島北部擁有100％股權的Teeta Creek項目中完成的三維誘導極化（“IP”）調查結果。2023 年計劃使用 Dias Geophysical 的分佈式陣列深度 IP（“DCIP”）調查系統，確定了一個面積廣泛（大約 1 千米）的勘測系統2），在Teeta Creek山谷及其南北斜坡下方的深度處的充電能力異常大於40 mV/V；該異常幾乎未經鑽探測試（圖 1）。IP 異常向北和向南開放，兩個突出的葉片位於蒂塔溪谷南北斜坡的 Teeta Creek 斑岩銅（Cu）-鉬（Mo）-金（Au）系統下方的深處。這些裂片由一條大致朝南、大於40 mV/V的充電能力走廊相連，其頂部位於最近發現的、未鑽探的Gap帶Cu-Mo-Au礦化儲量下方約300米。
The Gap zone stockwork, situated at the lowest elevations on the property in normally submerged creek bed outcrops, is located within an approximately 400 m wide undrilled gap between the two best historical drill holes on the property (see ArcWest press release, Dec. 7, 2023). Rock samples from the stockwork zone collected during low water levels in August 2022 returned assays ranging up to 0.53% Cu, 164 parts per million ("ppm") Mo, 0.353 grams per tonne ("g/t") Au and 3.6 g/t silver (Ag). The Gap zone is hosted by intensely quartz-sericite-pyrite altered quartz-feldspar-biotite porphyritic intrusions. Potential therefore exists beneath the Gap zone for the discovery of a higher grade, Cu-Mo-Au mineralized potassic core. As such, the newly identified chargeability anomaly underlying Teeta Creek valley and the Gap zone stockwork represents a compelling target for a significant porphyry Cu-Mo-Au system. A video of the untested Gap stockwork zone is available for viewing here.
間隙區庫房位於該物業的最低海拔處，位於通常被淹沒的河牀露頭中，位於該物業兩個歷史最佳鑽孔之間約400米寬的未鑽孔隙內（參見 ArcWest 新聞稿，2023 年 12 月 7 日）。2022年8月在低水位期間從庫房區採集的岩石樣本返回的化驗結果範圍高達0.53％的銅、百萬分之164（“ppm”）、每噸0.353克（“g/t”）金和3.6克/噸銀（Ag）。間隙區由強烈的石英-蠶絲巖-黃鐵礦變化的石英長石-黑雲母斑岩侵入體組成。因此，在Gap區域下方有可能發現更高品位的銅鉬金礦化鉀芯。因此，新發現的Teeta Creek山谷和Gap區庫存基礎上的可充電性異常是重要的斑岩銅鉬金系統的引人注目的目標。未經測試的 Gap 庫存區域的視頻可在此處觀看。
Tyler Ruks, President and CEO of ArcWest commented, "ArcWest would like to thank Dias Geophysical for completing the Teeta Creek 3D IP survey in late 2023. The new IP data is exciting, suggesting potential for a significant porphyry Cu-Mo-Au-Ag system beneath Teeta Creek valley. Furthermore, the open-ended nature of the chargeability anomaly strengthens our thesis that the Teeta Creek porphyry Cu-Mo-Au system has a much greater footprint than previously thought. Teeta Creek is fully permitted for drilling and ArcWest looks forward to sharing this exciting geophysical data with potential funding partners for the project."
ArcWest總裁兼首席執行官泰勒·魯克斯評論說：“ArcWest要感謝Dias Geophysical在2023年底完成了Teeta Creek 3D IP調查。新的知識產權數據令人興奮，表明有可能在蒂塔溪谷地下建立一個重要的斑岩銅鉬金銀系統。此外，可充電性異常的開放性質強化了我們的論點，即Teeta Creek斑岩銅鉬金系統的佔地面積比以前想象的要大得多。Teeta Creek 完全獲准進行鑽探，ArcWest 期待與該項目的潛在資助合作伙伴分享這些令人興奮的地球物理數據。”
A technical presentation for the Teeta Creek project is available for download from ArcWest's website.
Teeta Creek項目的技術演示文稿可從ArcWest的網站上下載。
About ArcWest Exploration Inc.
關於 ArcWest 勘探公司
ArcWest Exploration is a project generator focused on porphyry copper-gold exploration opportunities throughout western North America. The company is in possession of eight 100% owned copper-gold projects throughout BC's premier porphyry copper-gold districts. These include ArcWest's Todd Creek and Oweegee Dome projects, which are two of the largest and most prospective land positions for copper-gold exploration in BC's prolific Golden Triangle. Oweegee Dome neighbours Seabridge Gold's supergiant KSM-Iron Cap-Snowfield porphyry copper-gold deposit and Todd Creek adjoins Newmont Mining's recently acquired Brucejack mine property. Four ArcWest projects are currently being advanced by partners through earn-in and joint venture agreements. ArcWest has partnered with Freeport-McMoRan to explore ArcWest's 100% owned Todd Creek copper-gold project. By conducting partner funded exploration on multiple exploration projects simultaneously, ArcWest's chances of discovery are enhanced while exposing shareholders to minimal dilution. The company is managed by an experienced technical team with a track record of discovery and a reputation for attracting well-funded senior partners, including Freeport McMoRan, Robert Friedland group companies, ITOCHU, Antofagasta and Teck.
ArcWest Exploration是一個項目生成器，專注於整個北美西部的斑岩銅金勘探機會。該公司在不列顛哥倫比亞省首屈一指的斑岩銅金區擁有八個 100% 自有銅金項目。其中包括ArcWest的Todd Creek和Oweegee Dome項目，這是不列顛哥倫比亞省多產的金三角最大、最具前景的兩個銅金勘探用地塊。Oweegee Dome毗鄰Seabridge Gold的超級巨型KSM-Iron Cap-Snowfield斑岩銅金礦牀，託德·克里克毗鄰紐蒙特礦業最近收購的布魯斯傑克礦區。合作伙伴目前正在通過盈利協議和合資協議推進四個ArcWest項目。ArcWest已與弗裏波特-麥克莫蘭合作探索ArcWest100％擁有的託德克里克銅金項目。通過同時對多個勘探項目進行合作伙伴資助的勘探，ArcWest的發現機會得到提高，同時使股東面臨的稀釋風險降至最低。該公司由一支經驗豐富的技術團隊管理，他們有着良好的發現記錄，並以吸引資金充足的高級合夥人而聞名，包括弗裏波特·麥克莫蘭、羅伯特·弗裏德蘭集團公司、伊藤忠集團、安託法加斯塔和泰克。
Qualified Person
合格人員
ArcWest's disclosure of a technical or scientific nature in this news release has been reviewed and approved by John Bradford, PGeo, Technical Advisor, who serves as a Qualified Person under the definition of National Instrument 43-101.
ArcWest在本新聞稿中披露的技術或科學性質已經過PGeo技術顧問約翰·布拉德福德的審查和批准，根據國家儀器43-101的定義，他是合格人員。
For further information please contact: Tyler Ruks, President and CEO at +1 (604) 638 3695.
欲了解更多信息，請致電 +1 (604) 638 3695 與總裁兼首席執行官泰勒·魯克斯聯繫。
Historical assays from drill programs on its properties have not been verified by ArcWest but have been cited from sources believed to be reliable. This news release contains statements about ArcWest's expectations and are forward-looking in nature. As a result, they are subject to certain risks and uncertainties. Although ArcWest believes that the expectations reflected in these forward-looking statements are reasonable, undue reliance should not be placed on them as actual results may differ materially from the forward-looking statements. The forward-looking statements contained in this news release are made as of the date hereof, and ArcWest undertakes no obligation to update publicly or revise any forward-looking statements or information, except as required by law.
ArcWest尚未證實鑽探計劃對其特性的歷史分析，但引用了據信可靠的消息來源。本新聞稿包含有關ArcWest預期的陳述，本質上是前瞻性的。因此，它們受到一定的風險和不確定性的影響。儘管ArcWest認爲這些前瞻性陳述中反映的預期是合理的，但不應過分依賴它們，因爲實際結果可能與前瞻性陳述存在重大差異。本新聞稿中包含的前瞻性陳述自發布之日起作出，除非法律要求，否則ArcWest沒有義務公開更新或修改任何前瞻性陳述或信息。
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譯文內容由第三人軟體翻譯。