share_log

Kuya Silver Participates in Winning Bid for Umm Hadid Silver Project, Kingdom of Saudi Arabia

Kuya Silver Participates in Winning Bid for Umm Hadid Silver Project, Kingdom of Saudi Arabia

Kuya Silver 參與中標沙特阿拉伯王國 Umm Hadid 白銀項目
newsfile ·  02/15 08:00

Consortium of Sumou Holding and Kuya Silver awarded 246 km2 license for metals exploration

Sumou Holding 和 Kuya Silver 聯合會獲得 246 千米2 金屬勘探許可證

Toronto, Ontario--(Newsfile Corp. - February 15, 2024) - Kuya Silver Corporation (CSE: KUYA) (OTCQB: KUYAF) (FSE: 6MR1) (the "Company" or "Kuya Silver") is pleased to announce that in partnership with Sumou Holding ("Sumou"), a world-class investment holding company based in the Kingdom of Saudi Arabia ("KSA"), has been awarded the Umm Hadid mineral exploration license, located in central KSA. The announcement of the award was made at the recent Future Minerals Forum in Riyadh, KSA, by His Excellency Mr. Bandar Alkhorayef, Minister of Industry and Mineral Resources.

安大略省多倫多--(Newsfile Corp.,2024 年 2 月 15 日)——Kuya Silver Corporation(CSE:KUYA)(場外交易代碼:KUYAF)(FSE:6MR1)(the”公司“或”庫亞·西爾弗“)很高興地宣佈,與總部位於沙特阿拉伯王國(“KSA”)的世界級投資控股公司Sumou Holding(“Sumou”)合作獲得了位於沙特阿拉伯中部的烏姆·哈迪德礦產勘探許可證。該獎項是由工業和礦產資源部長班達爾·阿爾科拉耶夫先生閣下在最近在沙特利雅得舉行的未來礦業論壇上宣佈的。

Earlier in 2023, Kuya Silver was invited to form a consortium with Sumou for the purpose of bidding on the Umm Hadid project in a recent round of mineral exploration properties opened for acquisition in 2023, and the consortium was successfully pre-qualified in June 2023. Kuya Silver provided the technical expertise for the consortium, which outlined a comprehensive five-year exploration plan focused on defining resources at the Umm Hadid Silver Project, and advancing mine development at an accelerated pace. Sumou, will be the primary financial partner, and provided important local expertise and funding for the bid, including a bond representing a portion of the committed exploration budget.

2023年早些時候,Kuya Silver受邀與Sumou組成了一個財團,目的是競標2023年開放收購的最新一輪礦產勘探地產中的烏姆·哈迪德項目,該財團於2023年6月成功通過資格預審。Kuya Silver爲該財團提供了技術專業知識,該財團概述了一項全面的五年勘探計劃,重點是定義Umm Hadid Silver項目的資源,並加快礦山開發。Sumou將成爲主要的財務合作伙伴,併爲競標提供了重要的當地專業知識和資金,包括佔承諾勘探預算一部分的債券。

In return for its technical leadership role in the winning bid, Kuya Silver will be granted a 5% interest in a new company to be established by the consortium in KSA and expects to earn a larger interest over time by entering into and fulfilling a longer-term agreement as the technical operator of the project.

作爲回報其在中標中發揮的技術領導作用,Kuya Silver將獲得該財團將在沙特阿拉伯成立的一家新公司的5%權益,並預計通過簽訂和履行作爲該項目技術運營商的長期協議,隨着時間的推移,Kuya Silver將獲得更大的利息。

The Umm Hadid project covers approximately 246 square kilometers (14 x 18 km), is located near the centre of the Arabian Peninsula, and based on limited historical exploration, is believed to be prospective for silver, gold and base metals. The property hosts NW trending Proterozoic rocks and is interpreted to be cored by a large granodiorite intrusion and two large, crustal-scale NW-trending shear zones are located on either side of the property. Limited 1970s and 80s era trenching and drilling work done by BRGM (French geological survey) uncovered and traced several mineralized veins, seemingly trending NW and NE, and hosting silver, gold, copper, lead and zinc. The mineralization is thought to be hosted in narrow, high-grade orogenic veins, but the mineralization could also potentially be epithermal.

Umm Hadid項目佔地約246平方千米(14 x 18千米),位於阿拉伯半島中心附近,基於有限的歷史勘探,被認爲具有開採銀、黃金和基本金屬的前景。該物業擁有朝西北方向的元古代岩石,據解釋爲由大型花崗閃長巖侵入體巖芯構成,兩個大型地殼尺度朝西北方向的剪切帶位於該物業的兩側。BRGM(法國地質調查局)在20世紀70年代和80年代進行的有限挖溝和鑽探工作發現並追蹤了幾條礦化礦脈,這些礦脈看似呈西北和東北趨勢,並含有銀、金、銅、鉛和鋅。據認爲,礦化作用存在於狹窄的高品位造山脈中,但礦化也可能是淺熱的。

Kuya Silver's President and CEO, David Stein stated, "Kuya Silver is very excited to be a part of this exciting project, which demonstrates strong potential in a vastly underexplored region. We believe the KSA is a very favourable jurisdiction to develop mining projects, with government support and fiscal incentives for the sector. With a strong partnership established with Sumou Holding, Kuya Silver sees the foundation for a successful and well-funded mineral exploration and development project over the coming years. The opportunity for Kuya Silver to take a leadership role developing this high-profile project in the KSA may also open other opportunities for the Company in the future."

Kuya Silver總裁兼首席執行官戴維·斯坦表示:“Kuya Silver很高興能參與這個激動人心的項目,該項目在開發嚴重不足的地區顯示出強大的潛力。我們認爲,在政府的支持和財政激勵下,沙特阿拉伯是開發採礦項目的非常有利的司法管轄區。通過與Sumou Holding建立了牢固的合作伙伴關係,Kuya Silver爲未來幾年成功且資金充足的礦產勘探和開發項目奠定了基礎。Kuya Silver有機會在沙特阿拉伯領導開發這個備受矚目的項目,也可能爲公司未來開闢其他機會。”

Figure 1: Map showing the Umm Hadid property located in the central part of the Kingdom of Saudi Arabia (KSA) at 1:2,500,000 scale.

圖 1:該地圖顯示了位於沙特阿拉伯王國 (KSA) 中部的烏姆·哈迪德房產,比例爲 1:2,50,000。

National Instrument 43-101 Disclosure

國家儀器 43-101 披露

The technical content of this news release has been reviewed and approved by Mr. David Lewis, P.Geo., Vice President Exploration of Kuya Silver and a Qualified Person as defined by National Instrument 43-101.

本新聞稿的技術內容已由P.Geo大衛·劉易斯先生、Kuya Silver勘探副總裁和National Instrument 43-101定義的合格人員的審查和批准。

About Kuya Silver Corporation

關於 Kuya Silver 公司

Kuya Silver is a Canadian‐based mineral exploration and development company with a focus on acquiring, exploring, and advancing precious metals assets in Peru and Canada.

Kuya Silver 是一家總部位於加拿大的礦產勘探和開發公司,專注於收購、勘探和開發秘魯和加拿大的貴金屬資產。

For more information, please contact:

欲了解更多信息,請聯繫:

David Stein, President and Chief Executive Officer
Telephone: (604) 398‐4493
info@kuyasilver.com

大衛·斯坦,總裁兼首席執行官
電話:(604) 398‐4493
info@kuyasilver.com

Reader Advisory

讀者諮詢

This news release contains statements that constitute "forward-looking information," including statements regarding the plans, intentions, beliefs, and current expectations of the Company, its directors, or its officers with respect to the future business activities of the Company. The words "may," "would," "could," "will," "intend," "plan," "anticipate," "believe," "estimate," "expect," "must," "next," "propose," "new," "potential," "prospective," "target," "future," "verge," "favourable," "implications," and "ongoing," and similar expressions, as they relate to the Company or its management, are intended to identify such forward-looking information. Investors are cautioned that statements including forward-looking information are not guarantees of future business activities and involve risks and uncertainties, and that the Company's future business activities may differ materially from those described in the forward-looking information as a result of various factors, including but not limited to fluctuations in market prices, successes of the operations of the Company, continued availability of capital and financing, and general economic, market, and business conditions. There can be no assurances that such forward-looking information will prove accurate, and therefore, readers are advised to rely on their own evaluation of the risks and uncertainties. The Company does not assume any obligation to update any forward-looking information except as required under the applicable securities laws.

本新聞稿包含構成 “前瞻性信息” 的陳述,包括有關公司、其董事或高級管理人員對公司未來業務活動的計劃、意圖、信念和當前預期的陳述。“可能”、“將”、“可能”、“將”、“打算”、“計劃”、“預測”、“相信”、“估計”、“期望”、“必須”、“下一步”、“提議”、“新”、“潛在”、“目標”、“未來”、“邊緣”、“有利”、“影響” 和 “持續” 等詞語以及類似的表述,與公司或其管理層有關的,旨在識別此類前瞻性信息。投資者請注意,包括前瞻性信息在內的陳述不能保證未來的業務活動,涉及風險和不確定性,由於各種因素,包括但不限於市場價格的波動、公司經營的成功、資本和融資的持續可用性以及總體經濟、市場和業務狀況,公司的未來業務活動可能與前瞻性信息中描述的業務活動存在重大差異。無法保證此類前瞻性信息會被證明是準確的,因此,建議讀者依靠自己對風險和不確定性的評估。除非適用的證券法要求,否則公司不承擔任何更新任何前瞻性信息的義務。

Neither the Canadian Securities Exchange nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this release.

加拿大證券交易所和加拿大投資行業監管組織均不對本新聞稿的充分性或準確性承擔責任。

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。
    搶先評論