Coniagas Applies for Permits to Expand on Current 28.9 M of 2.28 % CuEq in MHY Zone
Coniagas Applies for Permits to Expand on Current 28.9 M of 2.28 % CuEq in MHY Zone
The Company is excited to begin to add to the reported excellent drilling results from the MHY and Gravi zones, confirming shallow, near-surface mineralization. Significant drill intercepts include PGM values added to the equivalents:Vancouver, British Columbia--(Newsfile Corp. - June 12, 2024) - Coniagas Battery Metals Inc. (TSXV: COS) ("Coniagas" or the "Company"), is pleased to provide an update on the ongoing exploration activities at the Graal property, highlighting the potential of this strategically located asset near Saguenay-Lac St. Jean, Quebec.
溫哥華，不列顛哥倫比亞省--（Newsfile Corp. - 2024年6月12日）- Coniagas Battery Metals Inc. (TSXV:COS)("Coniagas"或者"公司")很高興地提供了在Graal礦區不斷進行的勘探活動的最新進展，強調了該資產在魁北克省薩圭奈-拉克聖讓地區地理位置的潛力。
Matt Halliday, P.Geo., member of the Ordre des Géologues du Québec, stated, "The prospect of finding zones with high copper equivalent values at Graal is encouraging. There have been numerous drill holes over the last program. We will continue to add to these results within known mineralized zones."
麥特·哈利戴（Matt Halliday）是魁北克省地質師協會（Ordre des Géologues du Québec）的成員，他說:"在Graal找到高銅等價值區塊的前景是鼓舞人心的。在上一期間，有很多鑽探孔。我們將繼續在已知的礦化帶內添加這些結果。"
Historical Exploration Highlights:
歷史勘探亮點：
The Company is excited to begin to add to the reported excellent drilling results from the MHY and Gravi zones, confirming shallow, near-surface mineralization. Significant drill intercepts include PGM values added to the equivalents:
公司很高興開始在MHY和Gravi區域報告的優異鑽探結果上添加，確認淺層、近地表礦化。重要的鑽探攔截包括等價物中加入的PGM值：
MHY Zone: Holes GRL-22-60 and GRL-22-61
MHY區域：孔中GRL-22-60和GRL-22-61
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GRL-22-60 returned:
28.90 m of 2.28% CuEq, includes 0.73% Nickel (Ni), 0.41% Copper (Cu), 0.09% Cobalt (Co), 0.04 g/t Platinum (Pt), 0.05 g/t Palladium (Pd)
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GRL-22-61 returned:
15.90m of 1.98 % CuEq, includes 0.53% Ni, 0.56% Cu, 0.08% Co, 0.03 g/t Pt, 0.05 g/t Pd
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GRL-22-60攔截：
28.90米，銅當量值爲2.28%，包含0.73%鎳（Ni），0.41%銅（Cu），0.09%鈷（Co），0.04 g/t鉑金（Pt），0.05 g/t鈀金（Pd）含0.73％的鎳（Ni），0.41％的銅（Cu），0.09％的鈷（Co），0.04克/噸的鉑（Pt），0.05克/噸的鈀（Pd）
-
GRL-22-61攔截：
15.90 米，銅當量值爲1.98％，其中包括0.53％鎳（Ni），0.56％銅（Cu），0.08％鈷（Co），0.03 g/t鉑金（Pt），0.05 g/t鈀金（Pd）含0.53％Ni，0.56％Cu，0.08％Co，0.03克/噸Pt，0.05克/噸Pd
| DDH | From (m) | To (m) | Length (m) | Ni (%) | Cu (%) | Co (%) | Cu Eq (%) | Cu Eq + PGM (%) |
| GRL-22-60 | 51.50 | 80.40 | 28.90 | 0.73 | 0.41 | 0.09 | 2.00 | 2.28 |
| Including | 61.00 | 74.80 | 13.80 | 1.01 | 0.57 | 0.12 | ||
| Including | 51.50 | 54.00 | 2.50 | 1.13 | 0.57 | 0.13 | ||
| Including | 56.30 | 59.10 | 2.80 | 1.13 | 0.27 | 0.13 | ||
| GRL-22-61 | 62.10 | 78.00 | 15.90 | 0.53 | 0.56 | 0.08 | 1.75 | 1.98 |
| Including | 71.40 | 78.00 | 6.60 | 0.94 | 0.83 | 0.11 | ||
| Including | 71.40 | 75.00 | 3.60 | 1.12 | 0.31 | 0.13 | ||
| Including | 75.00 | 76.80 | 1.80 | 0.77 | 1.99 | 0.09 |
| DDH | 從(m) | 到(m) | 長度（米） | Ni（%） | 銅（％） | 鈷（%） | 銅當量（%） | 銅當量 + 貴金屬（%） |
| GRL-22-60 | 51.50 | 80.40 | 28.90 | 0.73 | 0.41 | 0.09 | 2.00 | 2.28 |
| 包括 | 61.00 | 74.80 | 13.80 | 1.01 | 0.57 | 0.12 | ||
| 包括 | 51.50 | 54.00 | 2.50 | 1.13 | 0.57 | 0.13 | ||
| 包括 | 56.30 | 59.10 | 2.80 | 1.13 | 0.27 | 0.13 | ||
| GRL-22-61 | 62.10 | 78.00 | 15.90 | 0.53 | 0.56 | 0.08 | 根據公司的固定費用覆蓋率，利率爲1.25% 至 1.75%每年，或者（b）有一個“備選主板利率”，並可減少至0.75%每年，取決於公司的固定費用覆蓋率。截至2021年7月3日，公司的基於LIBOR的利率爲% （對於$），公司的主板基準利率爲% （對於$）。根據未取出的貸款利率，每月應支付承諾費，利率爲%每年。根據與摩根大通銀行（“貸款協議”）的信貸協議的條款，現金收據將被存入鎖匣中，並由公司自行決定，除非處於“現金控制期”，在此期間，現金收據將用於減少貸款協議下的應付金額。現金控制期在事件違約或可用餘額連續三個工作日低於$時觸發，並將繼續到先前的連續天數中存在任何違約事件且多餘的可用餘額始終大於$（這樣的觸發器根據公司的循環承諾進行調整）。此外，如果依據信貸協議所定義的“額外可用餘額”小於$，則公司應維持最低固定費用覆蓋率爲1.0至1.0 （觸發器根據公司的循環承諾進行調整）。截至2021年7月3日，公司的可用餘額爲$25,764。信貸協議要求我們在判斷任何應支付股息或進行任何普通股分配時獲得摩根大通銀行的事先書面同意。信貸設施於2022年12月16日到期。若欲以普通股分紅派息，須獲得摩根大通銀行的事先書面同意。 | 1.98 |
| 包括 | 71.40 | 78.00 | 6.60 | 0.94 | 0.83 | 0.11 | ||
| 包括 | 71.40 | 75.00 | 3.60 | 1.12 | 0.31 | 0.13 | ||
| 包括 | 75.00 | 76.80 | 1.80 | 0.77 | 1.99 | 0.09 |
Gravi Zone: Holes NRC-22-24 and GRL-22-57
Gravi區域：孔洞NRC-22-24和GRL-22-57
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NRC-22-57 returned:
8.40 m of 2.82 % CuEq includes 0.67% Ni, 0.55% Cu, 0.08% Co, 0.08 g/t Pt, 0.035 g/t Pd
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NRC-22-24 returned:
33.60 m of 1.32 % CuEq includes 0.32% Ni, 0.46% Cu, 0.04% Co, 0.03 g/t Pt, 0.02 g/t Pd
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NRC-22-57的結果爲：
2.82％CuE的8.40米含0.67％Ni，0.55％Cu，0.08％Co，0.08克/噸Pt，0.035克/噸Pd
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NRC-22-24的結果爲：
1.32％CuEq的33.60米含0.32％Ni，0.46％Cu，0.04％Co，0.03克/噸Pt，0.02克/噸Pd
| DDH | From (m) | To (m) | Length (m) | Ni (%) | Cu (%) | Co (%) | Cu Eq (%) | Cu Eq + PGM (%) |
| GRL-22-57 | 94.10 | 102.50 | 8.40 | 0.67 | 0.55 | 0.08 | 2.40 | 2.82 |
| Including | 96.60 | 99.90 | 3.30 | 1.03 | 0.68 | 0.13 | ||
| NRC-22-24 | 121.50 | 155.10 | 33.60 | 0.32 | 0.46 | 0.04 | 1.16 | 1.32 |
| Including | 121.50 | 124.70 | 3.20 | 0.95 | 0.54 | 0.13 | ||
| Including | 125.50 | 129.20 | 3.70 | 0.25 | 0.22 | 0.03 | ||
| Including | 142.80 | 152.10 | 9.30 | 0.64 | 1.06 | 0.08 | ||
| Including | 149.40 | 152.10 | 2.70 | 1.07 | 1.34 | 0.14 | ||
| *For equivalents the prices were taken 2024-06-11: Cu $9,779.12/mt, Ni $17,833.5/mt, Co $27,997/mt, Pt $30.61/g, Pd $28.1/g. Note that the CuEq is for total metal content without consideration for recovery and/or metallurgical losses. | ||||||||
| DDH | 從(m) | 到(m) | 長度（米） | Ni（%） | 銅（％） | 鈷（%） | 銅當量（％） | 銅當量 + 貴金屬（%） |
| GRL-22-57 | 94.10 | 102.50 | 8.40 | 0.67 | 0.55 | 0.08 | 2.40 | 2.82 |
| 包括 | 96.60 | 99.90 | 僅當A類普通股票的收盤價等於或超過330.00美元時，公司才可以贖回未行使的認股權證。 | 1.03 | 0.68 | 0.13 | ||
| NRC-22-24 | 121.50 | 155.10 | 33.60 | 0.32 | 0.46 | 0.04。 | 1.16 | 1.32 |
| 包括 | 121.50 | 124.70 | 3.20 | 0.95 | 0.54 | 0.13 | ||
| 包括 | 125.50 | 129.20 | 3.70 | 0.25 | 0.22 | 0.03 | ||
| 包括 | 142.80 | 152.10 | 9.30 | 0.64 | 1.06 | 0.08 | ||
| 包括 | 149.40 | 152.10 | 2.70 | 1.07 | 1.34 | 0.14 | ||
| *鈔票18歲. | ||||||||
These results reinforce the significant potential of the Graal property to host valuable nickel, copper, and cobalt mineralization. Notably, some intercepts also contain platinum and palladium, suggesting a potential for byproduct streams. In the 2022 drilling, we observed up to 1.365 gpt platinum (Pt), indicating that PGM mineralization at the Graal could be a desirable byproduct.
這些結果再次證明了Graal礦產具有重要的鎳、銅和鈷礦化潛力。值得注意的是，一些夾層還含有鉑和鈀，表明具有副產品流的潛力。在2022年的鑽探中，我們觀察到最高達1.365克/噸的鉑（Pt），表明在Graal的PGM礦化可能具有理想的副產品。
Next Steps:
下一步：
The Company is actively applying for permits to expand the near-surface mineral resources at Graal. This expansion aims to further delineate the resource potential and enhance the economic viability of the project.
公司正積極申請擴展Graal近地表礦產資源的許可證。這一擴展旨在進一步描繪資源潛力，增強項目的經濟可行性。
Strategic Location:
戰略位置：
The Graal property boasts an excellent location north of Saguenay-Lac St. Jean, offering several logistical advantages:
Graal礦產擁有一個優越的地理位置，位於Saguenay-Lac St. Jean以北，提供了幾個物流優勢：
Year-Round Accessibility: The site is road-accessible and drill-ready throughout the year.
Proximity to Infrastructure: The nearby Chute-de-Passe power station provides reliable and cost-effective energy.
Local Industrial Hub: The town of Lac-St. Jean, an industrial hub, offers a skilled workforce and port access to the St. Lawrence River.
全年通行：該場地全年可通行且隨時準備進行鑽探。
基礎設施臨近：附近的Chute-de-Passe發電站提供可靠和具有成本效益的能源。
地方產業樞紐：工業樞紐的Lac-St. Jean鎮（Lac-St. Jean），提供熟練的工人和通往聖勞倫斯河的港口。
Frank Basa, P.Eng. Ontario, President and CEO of Coniagas, stated, "The recent results at the MHY and Gravi zones underscore the significant potential of the Graal property. Our strategic location and robust infrastructure further enhance the project's attractiveness. We are committed to advancing our exploration efforts and expanding our near-surface mineral resources."
Coniagas的總裁兼首席執行官Frank Basa，安大略省工程師，表示：“MHY區和Gravi區的最新成果突顯Graal項目的重要潛力。我們的戰略位置和強大的基礎設施進一步增強了該項目的吸引力。我們致力於推進我們的勘探工作，擴大我們的近地表礦產資源。”
Qualified Person
合格人士
The technical information in this news release was reviewed and approved by Matthew Halliday, P.Geo., member of the Ordre des Géologues du Québec, who is a Qualified Person in accordance with National Instrument 43-101.
本新聞稿中的技術信息由在加拿大魁北克省礦產地質協會的成員Matthew Halliday，P.Geo. 審核並獲批准，他是根據43-101國家儀器中規定的合格人員。
Quality Control and Reporting Protocols
質量控制與報告規程
The assay results are from OnSite Laboratories in Cobalt, Ontario. The material is crushed to 75% passing -2 mm (10 mesh), a 250 g split of this material is pulverized to 85% passing 75 microns (200 mesh) and analyzed by Aqua Regia with an Atomic Absorption Spectrometry (AAS) finish. All samples were run in replicate, and CRMs were included for Cu and Co.
化驗結果來自於安大略省科巴爾特的OnSite實驗室。材料粉碎至75％通過-2毫米（10目），將該材料的250克樣品分爲兩份，其中85％通過75微米（200目）的樣品將進行Aqua Regia原子吸收光譜（AAS）分析。所有樣品均進行了複製，並在Cu和Co領域包括了CRM。
About Coniagas Battery Metals Inc.
關於Coniagas Battery Metals Inc。
Coniagas Battery Metals Inc. is a Canadian junior mining company focused on nickel, copper and cobalt and platinum group metals in Québec. Coniagas' strategy is to create value for shareholders through the development of its mineral properties, with the intention to develop Coniagas into a critical metals supplier to the electric vehicle (EV) market.
Coniagas Battery Metals Inc.是一家加拿大初創礦業公司，專注於魁北克的鎳、銅、鈷和鉑族金屬。Coniagas的策略是通過開發其礦產物業爲股東創造價值，意圖將Coniagas發展成爲向電動汽車(EV)市場提供重要金屬的供應商。
At its 100% owned Graal project near Saguenay, Quebec, Coniagas has conducted successful exploration involving geophysics as well as shallow drilling that hit mineralization in almost every hole. It has confirmed an open-pit deposit model at Graal along a 6 km strike length of high-grade nickel and copper with cobalt, platinum and palladium byproducts. The Company plans in the near-term to conduct additional drilling leading to the production of a Ni 43-101 resource report, metallurgical testing and consultations with First Nations. The Graal project and immediate work plan are outlined in detail in the "NI 43-101 Technical Report Graal Nickel & Copper Project, Saguenay-Lac-St-Jean, Quebec, Canada" dated January 17, 2024. The report is available along with other information at the Company's website .
在其位於魁北克Saguenay附近的100%擁有Graal項目上，Coniagas已進行了成功的勘探，包括地球物理勘探以及幾乎每口井中都擊中礦化物的淺層鑽探。在Graal上，它已確認了一個開放式採石場沉積模型，沿着6公里的高品位鎳、銅礦牀，帶有鈷、鉑和鈀副產品。公司計劃在短期內進行更多的鑽探，以製作出Ni 43-101資源報告、進行冶金測試並與第一民族進行磋商。有關Graal項目和近期工作計劃的詳細信息已在大名鼎鼎的“NI 43-101 Technical Report Graal Nickel & Copper Project，Saguenay-Lac-St-Jean，Quebec，Canada”文件中列出，日期爲2024年1月17日。該報告以及其他信息可在公司網站上獲得。
Based only on the historical drill hole information, the mineralized strike length drilled in the past highlights a potential target of near-surface tonnage of 30 to 60 million tonnes at a grade range of 0.60% to 0.80% Nickel and 0.30% to 0.50% Copper with 0.10% to 0.15% Cobalt for the MHY sector (see map below). This calculation excludes the newly discovered mineralization (NRC-21-03) (see Company Press Release November 24, 2021), the northern Lac Suzanne portion, and the south portion of Nourricier sector. This estimation does not take into account any potential at depth which is currently being explored.
僅基於歷史鑽孔信息，過去鑽探的礦化走向高亮顯示了MHY板塊接近地表儲量爲30至60百萬噸，品位區間爲0.60％至0.80％的鎳和0.30％至0.50％的銅，鈷含量爲0.10％至0.15％（請參見下面的地圖）。此計算不包括新發現的礦化物（NRC-21-03）（請參見公司2021年11月24日新聞發佈），北部Lac Suzanne部分和Nourricier板塊的南部部分。此估算不考慮目前正在勘探的深部潛力。
Please note that the quantity and grade of this potential target calculation is conceptual in nature, and there has been insufficient exploration to define a mineral resource. It is uncertain if further exploration will result in the target being delineated as a mineral resource. The potential target primary evaluation is a calculation of the length multiplied by the thickness of intersection by the density of 3.3 to 4.0 t/m3 multiplied by the depth extension of 150 to 250m based on historical drill holes.
請注意，該潛在目標的數量和品位計算在本性質上是概念性的，並且還沒有進行足夠的勘探來定義礦產資源。尚不確定進一步的勘探是否會導致目標被劃定爲礦產資源。潛在目標的初步評估是根據歷史鑽孔的長度乘以交叉點的厚度，乘以密度3.3至4.0 t/m3，乘以150至250m的深度延伸的計算。
"Frank J. Basa"
Frank J. Basa, P. Eng. Member of Professional Engineers Ontario
Chief Executive Officer
"Frank J. Basa"
Frank J. Basa，P. Eng. 安大略省專業工程師協會會員
首席執行官
For further information, contact:
Frank J. Basa, P. Eng. Ontario
Chief Executive Officer
416-625-2342
or:
Wayne Cheveldayoff, Corporate Communications
P: 416-710-2410 E: waynecheveldayoff@gmail.com
如需更多信息，請聯繫：
Frank J. Basa，P. Eng. 安大略省
首席執行官
416-625-2342
或者：
Wayne Cheveldayoff，企業傳媒
P:416-710-2410 E：waynecheveldayoff@gmail.com
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Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
TSX Venture Exchange及其監管服務提供商(如TSX Venture Exchange政策所定義的)均不對本發佈的充分性或準確性承擔任何責任。
Caution Regarding Forward-Looking Statements
前瞻性聲明的警告 - 本新聞稿包含某些前瞻性聲明，包括有關私募定向增發收益使用的聲明。這些聲明受許多風險和不確定性的影響。實際結果可能與前瞻性聲明所預期的結果有所不同。在依賴前瞻性聲明作出決策時，投資者和其他人應認真考慮前述因素和其他不確定性，並不應過度依賴此類前瞻性聲明。除適用法律規定外，該公司不承諾更新任何其自身或代表其進行的口頭或書面的前瞻性聲明。
This news release may contain forward-looking statements regarding Coniagas Battery Metals Inc. ("Coniagas" or the "Company") which include, but are not limited to, comments that involve future events and conditions, which are subject to various risks and uncertainties. Except for statements of historical facts, comments that address the Coniagas trading on the TSX Venture Exchange, resource potential, upcoming work programs, geological interpretations, receipt and security of mineral property titles, availability of funds, and others are forward-looking. No assurance can be given that any of the foregoing will be achieved. Forward-looking statements are not guarantees of future performance and actual results may vary materially from those statements. General business conditions are factors that could cause actual results to vary materially from forward-looking statements. The Company does not undertake to update any forward-looking information in this news release or other communications unless required by law.
本新聞發佈可能包含有關Coniagas Battery Metals Inc.（"Coniagas"或"公司"）的前瞻性聲明，其中包括涉及未來事件和狀況的評論，這些評論受各種風險和不確定性的影響。除歷史事實陳述外，關於Coniagas在TSX Venture Exchange上進行交易、資源潛力、即將進行的工作計劃、地質解讀、礦物財產所有權的收據和安全性、資金可用性等的評論是前瞻性的。不能保證上述任何事項都能實現。前瞻性聲明並非未來業績的保證，實際結果可能會與該等聲明有所不同。一般商業條件是導致實際結果不同於前瞻性聲明的因素。除非法律要求，否則公司不會更新本新聞稿或其他通信中的任何前瞻性信息。
譯文內容由第三人軟體翻譯。