Xplore Receives Drill Program Permit for Surge Lithium Project; Drilling to Commence in June
Xplore Receives Drill Program Permit for Surge Lithium Project; Drilling to Commence in June
Vancouver, British Columbia--(Newsfile Corp. - May 15, 2024) - Xplore Resources Corp. (TSXV: XPLR) ("Xplore" or the "Company") is pleased to announce it has received an Early Exploration Permit for drilling at its Surge Lithium Project, located in the emerging Root lithium district in northwest Ontario. The Surge Project is adjacent to and on trend with Green Technology Metals' Root Bay project (Figure 1) - host to a new lithium deposit with a 10 Mt at 1.29% Li2O JORC Resource1 as well as a recent discovery at Root Bay East that includes drill results just 25 m from Xplore's Surge project (Figure 2). Program planning and drill targeting are underway and the company will provide further details of its exploration program in the coming weeks. The Surge drill program is expected to commence in June, 2024.
不列顛哥倫比亞省溫哥華--（Newsfile Corp.-2024 年 5 月 15 日）- Xplore 資源公司。 (TSXV: XPLR) (”探索“或者”公司“）很高興地宣佈，它已獲得早期勘探許可，可以在其Surge鋰項目上進行鑽探，該項目位於安大略省西北部新興的Root鋰區。Surge 項目與 Green Technology Metals 的 Root Bay 項目相鄰並呈現出趨勢 （圖 1）)-擁有一個新的鋰礦牀的所在地 利潤率爲 1.29% 時爲 10 公噸2O JORC 資源1 以及最近在 Root Bay East 發現的一項發現，其中包括距離 Xplore 的 Surge 項目僅 25 米處的鑽探結果 (圖 2）。項目規劃和鑽探目標正在進行中，該公司將在未來幾周內提供其勘探計劃的更多細節。Surge鑽探計劃預計將於2024年6月開始。
News Highlights
新聞要聞
- Surge Project Located Along 10 km of the Root Bay Lithium Trend. The Surge property is positioned within 10 km of prospective geology along the Root Bay lithium trend. Drilling results reported by Green Technology Metals for five holes within 50 m of the Surge property boundary include 23.3 m of 1.16% Li2O (RBE-23-007), 10.5 m of 1.08% Li2O (RBE-23-008), 11.7 m of 1.12% Li2O (RBE-23-009),1 and 11.6 m of 1.18% Li2O (RBE-23-30)2 (Figure 2).
- Surge 項目位於 Root Bay Lithium Trend 10 公里處。 Surge地產位於魯特灣鋰礦趨勢沿線的潛在地質不到10公里處。綠色科技金屬公司報告的鑽探結果 距離 Surge 物業邊界 50 米內有五個洞 包括 23.3 m 的 1.16% Li2O (RBE-23-007)， 1,05 m 的 1.08% Li2O (RBE-23-008)， 11.7 m 的 1.12% Li2O (RBE-23-009)，1 和 1160 萬個 1.18% 的李2O (RBE-23-30)2 （圖 2)。
- Rapid Growth Along the Root Bay Trend. The Root lithium area has experienced rapid growth since 2023 with a new lithium discovery at the Root Bay deposit. The deposit now boasts a 10 Mt at 1.29% Li2O JORC Resource,1 spanning approximately 1.5 km of the Root Bay trend. Recent exploration drilling by Green Technology Metals has identified a potential new stacked system of pegmatites at Root Bay East, with drill results located 25 to 50 m from Xplore's Surge property boundary. The Surge property is situated along the eastern extension of the trend, covering approximately 10 km of prospective geology.
- 沿着 Root Bay 趨勢快速增長。 自2023年以來，魯特灣礦牀發現了新的鋰，魯特鋰礦區經歷了快速增長。該礦牀現在擁有 10 萬噸，利潤率爲 1.29%2O JORC 資源，1 跨越了大約 1.5 千米的根灣趨勢。Green Technology Metals最近的勘探鑽探已在東魯特灣發現了一個潛在的新型偉晶岩堆疊系統，鑽探結果位於距離Xplore的Surge地產邊界25至50米處。Surge地產位於該趨勢的東部延伸部分，涵蓋了大約10公里的潛在地質區域。
Figure 1. Xplore Resource's Surge Lithium Project area showing drill targets, nearby deposits and prospects.
圖 1。 Xplore Resource的Surge鋰項目區域顯示了鑽探目標、附近的礦牀和前景。
Figure 2. Annotated drone photo taken near Xplore's Surge Project boundary with Green Technology Metals Root Project (looking east). Annotations show the location of recent drilling by Green Technology Metals with lithium drill results as close as 25 m from the Surge property boundary.
圖 2。 在Xplore的Surge項目邊界附近與綠色科技金屬根項目（向東看）拍攝的帶註釋的無人機照片。註釋顯示了綠色科技金屬公司最近鑽探的位置，鋰鑽探結果距離Surge地產邊界近25米。
The technical content of this news release has been reviewed and approved by Karly Oliver, P.Geo., director of the Company and a Qualified Person pursuant to National Instrument 43-101.
本新聞稿的技術內容已由公司董事兼國家儀器43-101規定的合格人員Karly Oliver, P.Geo. 的審查和批准。
About Xplore Resources
關於 Xplore 資源
Xplore Resources is a North American lithium exploration company listed on the TSX Venture Exchange under symbol XPLR. The company has a prospective land package in the emerging Root Bay lithium district located in northwest Ontario. Xplore's flagship property is the Surge lithium project, on trend and near two lithium deposits and just 25 m from a new lithium discovery. The Company is led by a highly experienced management team with a strong track record of growing shareholder value.
Xplore Resources是一家北美鋰勘探公司，在多倫多證券交易所風險交易所上市，股票代碼爲XPLR。該公司在位於安大略省西北部的新興Root Bay鋰區擁有一攬子潛在土地。Xplore的旗艦地產是Surge鋰項目，該項目正在發展中，靠近兩個鋰礦牀，距離新的鋰發現僅2500米。公司由一支經驗豐富的管理團隊領導，在股東價值增長方面有着良好的記錄。
ON BEHALF OF THE BOARD OF DIRECTORS,
代表董事會，
Dominic Verdejo, CEO
Xplore Resources Corp.
首席執行官多米尼克·維德霍
Xplore 資源公司
For further information on Xplore, contact:
Telephone: 604-678-5308
Email: info@xploreresources.comWebsite:
有關 Xplore 的更多信息，請聯繫：
電話：604-678-5308
電子郵件：info@xploreresources.comWebsite：
________________________
1 Green Technology Metals news release dated November 22, 2023
2 Green Technology Metals news release dated March 26, 2024
______________________
1 2023 年 11 月 22 日的綠色科技金屬新聞稿
2 綠色科技金屬於 2024 年 3 月 26 日發佈的新聞稿
譯文內容由第三人軟體翻譯。