Mink Ventures Acquires Copper Project Adjacent to Warren North Claims
Mink Ventures Acquires Copper Project Adjacent to Warren North Claims
Toronto, Ontario--(Newsfile Corp. - April 22, 2024) - Mink Ventures Corporation (TSXV: MINK) ("MINK" or the "Company") today announced that it has acquired a 100% interest in six (6) mining claims located adjacent to its Warren North claim boundary (see Figures 1 and 2) from STLLR Gold Inc. (TSX: STLR) referred to as the "Warren Northeast" or "WNE" claims. Total consideration made for the six claims is a 2% net smelter return royalty (NSR) on those six claims, granted in favour of STLLR Gold Inc., with Mink retaining the right to a buy-back of 1% NSR for one million dollars (CAD$1,000,000). The combined Warren property now covers 1,130 hectares of land in Whitesides Township, approximately 35 road kilometers west of Timmins, Ontario.
安大略省多倫多--(Newsfile Corp.,2024 年 4 月 22 日)-Mink Ventures Corporation(TSXV:MINK)(”貂皮“或者”公司“)今天宣佈,它已從被稱爲 “沃倫東北” 或 “WNE” 索賠的STLLR Gold Inc.(多倫多證券交易所股票代碼:STLR)手中收購了位於沃倫北方索賠邊界附近的六(6)項採礦權的100%權益(見圖1和2)。這六項索賠的總對價是這六項索賠的2%淨冶煉廠回報特許權使用費(NSR),由STLLR Gold Inc.發放,Mink保留以100萬美元(100萬加元)回購1%NSR的權利。合併後的沃倫財產現在覆蓋懷特塞德斯鎮的1,130公頃土地,位於安大略省蒂明斯以西約35公里的路程處。
HIGHLIGHTS:
亮點:
The Warren Northeast (WNE) claims represent a non-dilutive, strategic addition to Mink's Warren Property holdings.
The WNE claims host two significant copper (Cu) zones within historical drill hole ML9601. The upper zone (M1) returned 0.174% Cu over 13 m, including an intercept of 0.36% Cu over 3.05 meters. The lower zone (M2) returned 0.84% Cu over 4.3 meters including higher-grade intercepts of 1.20% Cu over 2.4m and 3.62% Cu over 0.5 meters. Some minor gold values up to 0.25 g/t gold over short intervals were noted with better copper values in the M2 Zone.*
A strong, horizontal loop electromagnetic (HLEM) conductor and coincident pulse EM conductor associated with the M1 and M2 zones is untested for 200 meters along strike to the south of the M1 and M2 intercepts in hole ML9601. No significant drilling to depth has been carried out, the zones have only been evaluated to approximately 120 meters vertical and there has been no down hole geophysics conducted. In addition, there are a number of other EM anomalies present on the WNE claims that are untested.*
The mineralization on WNE claims represents a new geological environment for base metal mineralization on Mink's Warren Project. Historical drill logs suggest that mineralized intervals comprised of semi massive sulphides and stringer sulphide zones are hosted within an intercalated package of altered felsic and mafic volcanics indicative of a new volcanogenic massive sulphide (VMS) environment. The Timmins Mining Camp hosts a number of significant VMS deposits including Glencore's Kidd Mine.
The Company intends to file exploration permit applications for down hole geophysical surveying as well as for a series of diamond drill holes.
沃倫東北(WNE)的索賠是對明克持有的沃倫地產的非稀釋性的戰略性增持。
WNE 聲稱,歷史鑽孔 ML9601 內有兩個重要的銅(Cu)區域。上部區域 (M1) 在 13 米處返回 0.174% 的銅,包括在 3.05 米處的截距 0.36%。下部區域 (M2) 在 4.3 米處返回 0.84% 的銅,包括在 240 米處返回 1.20% 銅的更高品位截距,在 0.5 米處返回 3.62% 的銅。 注意到一些次要金價在短時間內高達0.25 g/t的黃金,而M2區域的銅價則更高。*
與 M1 和 M2 區域相關的強力水平迴路電磁 (HLEM) 導體和重合脈衝電磁導體未經測試,沿着 ML9601 孔 M1 和 M2 截距以南走向 200 米。沒有進行過大量的深度鑽探,僅對這些區域進行了評估,直徑約爲 120 米,也沒有進行過井下地球物理學研究。此外,WNE索賠中還有許多其他未經測試的新興市場異常。*
WNE聲稱的礦化爲Mink的沃倫項目提供了一個新的基本金屬礦化地質環境。歷史鑽探記錄表明,由半塊狀硫化物和縱梁硫化物區組成的礦化區間位於一組層層狀的變質長英質和鐵質火山岩中,這表明存在新的火山成因塊狀硫化物(VMS)環境。蒂明斯礦業營地擁有許多重要的VMS礦牀,包括嘉能可的基德礦。
該公司打算申請井下地球物理測量以及一系列金剛石鑽孔的勘探許可證。
* References: Resident Geologist Office Timmins Ontario: Morgain Minerals Drill Logs (K. Lapierre, 1996) and Geophysical Report for Morgain Minerals on the Massey Project, Massey and Whitesides Township, Porcupine Mining Division, Northeastern Ontario. (Grant, J. 1996)
* 參考資料:安大略省蒂明斯常駐地質學家辦公室:摩根礦業鑽探日誌(K. Lapierre,1996年)和摩根礦業關於梅西項目的地球物理報告,梅西和懷特塞德斯鎮,豪豬礦業部,安大略省東北部。(格蘭特,J. 1996)
Qualified Person:
合格人員:
Mr. Kevin Filo, P.Geo. (Ontario), is a qualified person within the meaning of National Instrument 43-101. Mr. Filo approved the technical data disclosed in this release.
凱文·菲洛先生,P.Geo(安大略省)是國家儀器43-101所指的合格人士。Filo 先生批准了本新聞稿中披露的技術數據。
About Mink Ventures Corporation:
關於 Mink Ventures 公司:
Mink Ventures Corporation (TSXV: MINK) is a Canadian mineral exploration company exploring for critical minerals (nickel, copper, cobalt) at its Warren and Montcalm projects, in the Timmins, Ontario area. Mink's flagship Montcalm Project covers 40 km2 adjacent to Glencore's former Montcalm Mine which had historical production of 3.93 million tonnes of ore grading 1.25% Ni, 0.67% Cu and 0.051% Co (Ontario Geological Survey, Atkinson, 2010). Its Warren Ni Cu Co Project, which covers 1,130 hectares is located 35 km away. Both projects have excellent access and infrastructure with an all-weather access road and power as well as its proximity to the skilled labour and facilities of the Timmins Mining Camp. The Company has 18,810,534 shares outstanding.
Mink Ventures Corporation(多倫多證券交易所股票代碼:MINK)是一家加拿大礦產勘探公司,在其位於安大略省蒂明斯地區的沃倫和蒙特卡姆項目中勘探關鍵礦產(鎳、銅、鈷)。Mink 的旗艦 Montcalm 項目覆蓋 40 公里2 毗鄰嘉能可的前蒙特卡姆礦,該礦的歷史產量爲393萬噸,鎳品位爲1.25%,銅品位爲0.67%,鈷品位爲0.051%(安大略省地質調查局,阿特金森,2010年)。其佔地1,130公頃的沃倫鎳銅公司項目位於35公里外。這兩個項目都擁有良好的交通和基礎設施,道路和電力可以全天候通行,而且靠近蒂明斯採礦營地的熟練勞動力和設施。該公司有 18,810,534 已發行股份。
For further information about Mink Ventures Corporation please contact: Natasha Dixon, President & CEO, T: 250-882-5620 E: ndixon@minkventures.com or Kevin Filo, Director, T: 705-266-6818 or visit .
有關Mink Ventures Corporation的更多信息,請聯繫:總裁兼首席執行官娜塔莎·迪克森,電話:250-882-5620 E:ndixon@minkventures.com 或董事凱文·菲洛,電話:705-266-6818 或訪問。
Forward Looking Statements
前瞻性陳述
This press release includes certain "forward-looking information", including, but not limited to, statements with respect to the Warren Project, the exploration work required to exercise the option, and the prospectivity of the Warren Project and the Montcalm Project. Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Mink to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Factors that could affect the outcome include, among others: future prices and the supply of metals; the results of exploration work; inability to raise the money necessary to incur the expenditures required to retain and advance the Warren Project and Montcalm Project; environmental liabilities (known and unknown); general business, economic, competitive, political and social uncertainties; accidents, labour disputes and other risks of the mining industry; political instability, or delays in obtaining governmental and stock exchange approvals. For a more detailed discussion of such risks and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements, refer to Mink's filings with Canadian securities regulators available on SEDAR+. These forward-looking statements are made as of the date hereof and Mink disclaims any intent or obligation to update publicly any forward-looking statements, whether as a result of new information, future events or results or otherwise, except as required by applicable securities laws.
本新聞稿包含某些 “前瞻性信息”,包括但不限於有關沃倫項目、行使期權所需的勘探工作以及沃倫項目和蒙特卡姆項目前景的聲明。前瞻性陳述涉及已知和未知的風險、不確定性和其他因素,這些因素可能導致Mink的實際業績、業績或成就與前瞻性陳述所表達或暗示的任何未來業績、業績或成就存在重大差異。可能影響結果的因素包括:未來的價格和金屬供應;勘探工作的結果;無法籌集必要的資金來支付保留和推進沃倫項目和蒙特卡姆項目所需的支出;環境負債(已知和未知);一般業務、經濟、競爭、政治和社會的不確定性;採礦業的事故、勞資糾紛和其他風險;政治不穩定或延遲獲得政府和證券交易所的批准。要更詳細地討論可能導致實際業績與此類前瞻性陳述所表達或暗示的結果存在重大差異的風險和其他因素,請參閱Sedar+上Mink向加拿大證券監管機構提交的文件。這些前瞻性陳述自本文發佈之日起作出,除非適用的證券法要求,否則Mink不打算或義務公開更新任何前瞻性陳述,無論是由於新信息、未來事件或業績還是其他原因。
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or ac curacy of this release.
多倫多證券交易所風險交易所及其監管服務提供商(該術語在多倫多證券交易所風險交易所的政策中定義)均不對本新聞稿的充分性或準確性承擔責任。
譯文內容由第三人軟體翻譯。