Power Group Provides an Update on Exploration Activities for the British Columbia Properties
Power Group Provides an Update on Exploration Activities for the British Columbia Properties
Vancouver, British Columbia--(Newsfile Corp. - October 17, 2022) - Power Group Projects Corp. (TSXV: PGP) (the "Company") is pleased to provide an update on recent exploration activities. The Company is active on multiple high potential polymetallic properties in Northwestern British Columbia and Newfoundland and Labrador.
温哥华，不列颠哥伦比亚省-(Newsfile Corp.-2022年10月17日)-Power Group Projects Corp. (TSXV：PGP)(“公司“)很高兴提供最近勘探活动的最新情况。该公司在不列颠哥伦比亚省西北部、纽芬兰和拉布拉多的多个高潜力多金属矿藏上开展活动。
Atlin West Property
阿特林西部酒店
The Atlin West Property is located 14 kilometres west-northwest of Atlin, British Columbia, northwest of Tagish Lake and covers an area of covering 3,125 hectares. Exploration work will continue to focus on evaluating the potential for structurally controlled, intrusion related and polymetallic vein systems, which are known to host economic mineralisation in the area. Previous work has provided initial information on the geological potential of the project. Regional analogues include the Engineer Mine, Yellowjacket Mine and the Imperial Vein showing.
阿特林西部物业位于不列颠哥伦比亚省阿特林西北偏西14公里处，塔吉什湖西北部，占地3125公顷。勘探工作将继续侧重于评估构造受控、与侵入有关的多金属矿脉系统的潜力，这些系统被认为是该地区经济矿化的寄主。以前的工作已经提供了关于该项目地质潜力的初步信息。地区性的类似物包括工程师矿、黄夹克矿和帝国矿脉。
Program Highlights:
计划要点：
The exploration for 2022 comprised of an airborne magnetic survey consisting of 342 line km conducted at the beginning of August. The team recently received the results, with interpretation and targeting underway to define the next program on the property.
2022年的勘探包括8月初进行的342线公里的航空磁力测量。该团队最近收到了结果，正在进行解释和确定目标，以确定该物业的下一个项目。
About the Atlin West Property:
关于阿特林西部酒店：
The Atlin West Project is underlain by undivided sedimentary and volcanic rocks of the Cache Creek Complex, which have been subsequently intruded by late Cretaceous felsic volcanic and intrusive rocks. The area is bounded by the Nahlin fault and cross-cut by east-west and northwest trending faults.
阿特林西部项目被Cach Creek杂岩中完整的沉积岩和火山岩覆盖，随后又被晚白垩世长英质火山岩和侵入岩侵入。该地区以纳林断裂为界，东西向断裂和西北向断裂横切。
These structures are known to be associated with base and precious metals in the region, specifically the aforementioned projects. Mineralisation on the property includes the Dundee/Table Mountain showing, which is comprised of northeast trending veins with galena and chalcopyrite, assaying 2.58 ounces per tonnes of silver, 26% lead and 13.9% copper in 1967. Limited work has been reported on the property and additional exposures are as yet untested as glacial recession has progressed in the past several decades since this work was last conducted.
众所周知，这些结构与该区域的贱金属和贵金属有关，特别是上述项目。该矿产的矿化包括Dundee/Table Mountain Showing，该矿脉由东北向的方铅矿和黄铜矿矿脉组成，1967年每吨银、铅和铜的含量分别为2.58盎司、26%和13.9%。据报道，这处房产的工作有限，由于自上次进行这项工作以来，冰川衰退在过去几十年里有所进展，因此尚未对更多的暴露进行测试。
Additional details about the exploration targets can be inferred from known mineralisation in the regional analogues.
关于勘探目标的更多细节可以从区域类似物中的已知矿化推断出来。
The Engineer Mine was in production in the 1920's and 1930's, and produced in excess of 18,000 ounces of gold and 9,000 ounces of silver. Production was at realised grades exceeding 39 grammes per tonne of gold and 20 grammes per tonne of silver. A mineral resource estimate published in 2018 stated the Engineer Mine contains an inferred resource of 41,000 tonnes grading 19.0 grammes per tonne of gold, using a five gramme per tonne cut-off grade, which equated to 25,000 ounces of gold. (Engineer Gold Mine, British Columbia, Canada - January 2018 (amended and Restated), O'Brien D. Et al, (effective date: May 9, 2018), the most recent 43-101 report published on the property).
工程师矿在20世纪20年代和30年代投入生产，黄金产量超过18,000盎司，白银产量超过9,000盎司。生产已实现的品位超过每吨黄金39克和每吨银20克。2018年公布的一份矿产资源评估报告称，工程矿的推断资源量为41,000吨，品位为每吨黄金19.0克，使用每吨5克的截止品位，相当于25,000盎司黄金。(加拿大不列颠哥伦比亚省工程师金矿-2018年1月(修订和重述)，O‘Brien D.等人，(生效日期：2018年5月9日)，关于该地产的最新43-101报告)。
At the Yellowjacket Mine, an historic estimate stated 133,000 tonnes at 5.8 grammes per tonne of gold, totalling 24,000 ounces of gold at a 1.5 gramme per tonne of gold cut-off (Price, B.J. and Dandy, L., 2009; Technical Report on the Yellowjacket Gold Project; 43-101 Report). The 2009 Yellowjacket Inferred resource estimate was done for a previous operator according to NI 43-101 standards at that time. A qualified person has not done sufficient work to classify the historical estimate as a current mineral resource and neither the current owner nor the Company is treating the historical estimate as a current mineral resource.
在黄夹克金矿，历史估计为133,000吨，每吨黄金5.8克，总计24,000盎司黄金，底线为每吨1.5克(Price，B.J.and Dandy，L.，2009年；黄夹克黄金项目技术报告；43-101报告)。2009年的黄夹克推断资源估计是根据当时的NI 43-101标准对以前的运营商进行的。合资格人士并未作出足够的工作以将历史估计归类为当前矿产资源，而现任拥有人及本公司均未将历史估计视为当前矿产资源。
The Imperial Vein showing is a quartz vein that saw limited production in the early 1900s and is documented to contain materials that assayed 27.1 grammes per tonne of gold and 26.47 grammes per tonne of silver. The Imperial Vein is considered an exploration prospect at this point.
展示的帝国矿脉是一种石英脉，在20世纪初产量有限，有文件证明含有每吨黄金27.1克和每吨银26.47克的物质。帝国矿脉在这一点上被认为是一个勘探前景。
Icefall Property
冰瀑布物业
The Icefall Property is located 20 kilometres north of Tulsequah, British Columbia covering 8,704 hectares. Evaluation for VMS, porphyry and skarn mineralization is ongoing and known to occur in the area. Previous work has identified occurrences in granitic rocks of the Sloko-Hyder Plutonic Suite that have been documented in historic work on the property.
冰瀑布地产位于不列颠哥伦比亚省图尔斯基亚以北20公里处，占地8704公顷。对VMS、斑岩和夕卡岩成矿作用的评价正在进行中，并已知该地区存在。以前的工作已经确定了斯洛科-海德深成岩套的花岗岩中的产状，这些产状已经在该财产的历史工作中得到了记录。
Program Highlights:
计划要点：
This year's exploration was comprised of an airborne magnetic survey conducted during the summer from June 24th to July 1st. The single-sensor magnetic survey was flown at 100m line spacing at a heading of 089°/269° totalling 959 line km. The team recently received the results, and interpretation are underway to delineate the target areas of the next program on the property.
今年的探测是由6月24日至7月1日夏季进行的航空磁力测量组成的。单传感器磁测以100米线距飞行，航向为089°/269°，总航向为959线公里。该团队最近收到了结果，正在进行解释，以划定该物业下一个项目的目标区域。
About the Icefall Property:
关于冰瀑布物业：
The Icefall Project is underlain by Stuhini and Labarge Group volcanic and sedimentary rocks, overlain by Sloko Group volcanic rocks. Granitic intrusions have been mapped on the northern and southern bounds of the claim block, which covers 8,704 ha. The property is bounded by the Llewellyn fault to the west and King Salmon fault to the east with several north-trending structures noted on the property. Several showings require immediate follow-up, which includes sample results of 35.5 g/t Ag and 0.5% Cu.
冰瀑布项目由Stuhini群和Labarge群火山岩和沉积岩覆盖，Sloko群火山岩覆盖。在占地8704公顷的索赔区块的北部和南部边界上绘制了花岗岩侵入体的地图。该地产西面以卢埃林断层为界，东面以国王鲑鱼断层为界，并指出了几个向北的构造。有几次展示需要立即跟进，其中包括35.5克/吨银和0.5%铜的样本结果。
Rizz Property
Rizz属性
The Rizz Property is located 20 kilometres northwest along the trend of New Polaris/Tulsequah Chief, British Columbia covering 5,415 hectares. Evaluation for VMS, porphyry and skarn mineralization is ongoing and known to occur in the area. Previous work has identified occurrences in granitic rocks of the Sloko-Hyder Plutonic Suite have been documented in historic work on the property.
Rizz地产位于不列颠哥伦比亚省新北极星/Tulequah酋长走向西北20公里处，占地5415公顷。对VMS、斑岩和夕卡岩成矿作用的评价正在进行中，并已知该地区存在。以前的工作已经确定了斯洛科-海德深成岩套花岗岩中的产状，并在该财产的历史工作中得到了记录。
Program Highlights:
计划要点：
This year's exploration was comprised of an airborne magnetic survey conducted during the summer from June 24th to July 1st. The survey was a 200m spaced single sensor magnetic survey totalling 332 line km. The results of the survey were recently received The team is currently conducting interpretation to define targets for the next program on the property.
今年的探测是由6月24日至7月1日夏季进行的航空磁力测量组成的。这次调查是一次200米间隔的单传感器磁力测量，总长332线公里。调查结果是最近收到的，该团队目前正在进行解释，以确定该物业下一个项目的目标。
About the Rizz Property:
关于Rizz属性：
The Rizz Project is 5,415 hectares of mineral titles in northwestern B.C., situated in the Boundary Ranges Metamorphic Suite and Sloko Group plutonic and volcanic rocks, west of the Llewellyn fault.
Rizz项目位于不列颠哥伦比亚省西北部，占地5415公顷，位于卢埃林断裂以西的边界山脉变质岩系和斯洛科群深成岩和火山岩中。
To date, mineralisation is documented in the Sloko-Hyder plutonic suite with several gossanous zones identified for follow up. The known mineralisation on the property is described as sulphide-rich felsite boulders and talus in one of the cirques. Previous assay results from samples indicate mineralisation including 27.6 grammes per tonne of gold, 562.9 grammes per tonne of silver, 8.25% lead and 15.9% zinc.
到目前为止，矿化已被记录在斯洛科-海德深成岩套中，并已确定了几个有待跟进的良好地带。该矿藏中已知的矿化被描述为富硫化物的长石巨石和其中一个圆圈中的滑石。先前样品的化验结果显示，矿化包括每吨金27.6g、银每吨562.9克、铅8.25%和锌15.9%。
Qualified Person
有资格的人
Rory Kutluoglu, P.Geo., Technical Advisor to the Company and a Qualified Person ("QP") as defined by National Instrument 43-101 - Standards of Disclosure for Mineral Projects, has reviewed and approved the scientific and technical information reported in this news release.
Rory Kutluoglu，P.Geo，公司技术顾问，National Instrument 43-101所定义的合格人员(QP)-《矿产项目信息披露标准》，对本新闻稿中报道的科技信息进行了审查和批准。
For further information, please contact:
如需更多信息，请联系：
Aleem Nathwani
Chief Executive Officer and Chairman
Tel: (604) 290-7073
Email: aleem.nathwani@gmail.com
Aleem Nathwani
首席执行官兼董事长
电话：(604)290-7073
电子邮件：aleem.nathwani@gmail.com
Cautionary Statement on Forward-Looking Information
关于前瞻性信息的警示声明
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 accuracy of this release.
多伦多证券交易所创业板交易所及其监管服务提供商(该术语在多伦多证券交易所的政策中定义)均不对本新闻稿的充分性或准确性承担责任。
This news release contains certain "forward-looking information" within the meaning of applicable securities laws. Forward looking information is frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate", "may", "will", "would", "potential", "proposed" and other similar words, or statements that certain events or conditions "may" or "will" occur. These statements are only predictions. Forward-looking information is based on the opinions and estimates of management at the date the information is provided, and is subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information. For a description of the risks and uncertainties facing the Company and its business and affairs, readers should refer to the Company's Management's Discussion and Analysis. The Company undertakes no obligation to update forward-looking information if circumstances or management's estimates or opinions should change, unless required by law. The reader is cautioned not to place undue reliance on forward-looking information.
本新闻稿包含适用证券法所指的某些“前瞻性信息”。前瞻性信息的特点常常是“计划”、“预期”、“项目”、“打算”、“相信”、“预期”、“估计”、“可能”、“将”、“将”、“可能”、“建议”和其他类似的词语，或某些事件或条件“可能”或“将”发生的陈述。这些声明只是预测。前瞻性信息以提供信息之日管理层的意见和估计为基础，会受到各种风险、不确定因素和其他因素的影响，这些因素可能会导致实际事件或结果与前瞻性信息中预测的大不相同。关于公司及其业务和事务面临的风险和不确定因素的描述，读者应参考公司管理层的讨论和分析。除非法律要求，否则如果情况或管理层的估计或意见发生变化，公司不承担更新前瞻性信息的义务。告诫读者不要过度依赖前瞻性信息。
NOT FOR DISSEMINATION OR DISTRIBUTION IN THE UNITED STATES OF AMERICA
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