Canadian Silver Hunter and Kuya Silver Announce Execution of Agreement Pursuant to Which Kuya Silver to Acquire Properties in the Cobalt, Ontario, District From Canadian Silver Hunter
Canadian Silver Hunter and Kuya Silver Announce Execution of Agreement Pursuant to Which Kuya Silver to Acquire Properties in the Cobalt, Ontario, District From Canadian Silver Hunter
Kuya Silver expands Silver Kings Project by consolidating Silver Centre area
Kuya Silver 通过整合 Silver Center 区域来扩大银王项目
Toronto, Ontario--(Newsfile Corp. - March 29, 2023) - Canadian Silver Hunter Inc. (TSXV: AGH.H) ("CSH") and Kuya Silver Corporation (CSE: KUYA) (OTCQB: KUYAF) (FSE: 6MR1) (the "Company" or "Kuya Silver") (together the "Parties") are pleased to announce they have entered into an agreement (the "Agreement") for the acquisition of a package of properties totaling 1746 hectares by Kuya Silver in Silver Centre area (part of the greater Cobalt, Ontario mining district) from CSH.
安大略省多伦多--(Newsfile Corp. ——2023 年 3 月 29 日)——加拿大 Silver Hunter Inc.(多伦多证券交易所股票代码:AGH.H)(CSH“) 和 Kuya Silver Corporation(CSE:KUYA)(OTCQB:KUYAF)(FSE:6MR1)(the”公司“或”库亚·西尔弗“)(一起是”各方“) 很高兴地宣布他们已经达成协议(”协议“)用于从CSH收购Kuya Silver在Silver Centre地区(安大略省大科博尔特矿区的一部分)的一揽子房产,总面积为1746公顷。
Highlights:
亮点:
- Further consolidation of the Cobalt and Silver Centre mining camps under Kuya Silver, including historic Keeley and Frontier mines that produced almost 20 million ounces of silver and 3.3 million pounds of cobalt on the properties (Sergiades 1968)
- 2012 to 2018 drilling results by previous operators included:
- 243 g/t silver, 0.19% cobalt over 3.02 metres (including 1,473 g/t silver, 0.68% cobalt over 0.34 metres) in hole KF-KD-0005 (2017)
- 120 g/t silver, 0.02% cobalt over 4.4 metres including 1,435 g/t silver, 0.10% cobalt over 0.3 metres in hole CSH12-03 (2012)
- 814 g/t silver over 1.34 metres in hole FCC-18-0045 (2018)
- Recent drilling at Campbell-Crawford area, as well as past work at Silver Centre, demonstrates mineralizing potential of faults. There are several untested or promising but incompletely tested faults in the Silver Centre area
- 进一步巩固库亚·西尔弗旗下的钴和白银中心采矿营地,包括历史悠久的基利和边境矿山,这些矿场生产了近2000万盎司白银和330万磅钴(Sergiades 1968)
- 以前的运营商在2012年至2018年的钻探结果包括:
- 243 g/t 白银,KF-KD-0005 洞中 3.02 米以上 0.19% 的钴(包括 1,473 g/t 银,0.68% 的钴 0.34 米以上)
- 120 g/t 白银,4.4 米以上 0.02% 钴,包括 1,435 g/t 银,CSH12-03 洞中 0.10% 钴超过 0.3 米 (2012)
- FCC-18-0045 洞里有 814 g/t 银量超过 1.34 米 (2018)
- 最近在坎贝尔-克劳福德地区的钻探以及过去在Silver Centre的工作都表明了断层的矿化潜力。Silver Centre地区有几个未经测试或有希望但测试不完全的故障
David Stein, Kuya Silver's President and CEO remarked: "This acquisition is highly strategic to the overall Silver Kings project, and will be a great addition to our already substantial land package in the district. The Silver Centre area was an important silver-cobalt production centre in the past, and there is a significant amount of historical mining and exploration data to evaluate. There are favourable targets here with the potential for new discoveries."
Kuya Silver总裁兼首席执行官戴维·斯坦表示:“此次收购对整个Silver Kings项目具有高度战略意义,将是对我们在该地区本已庞大的土地一揽子计划的重要补充。过去,银矿中心地区是重要的银钴生产中心,有大量的历史采矿和勘探数据需要评估。这里有有利的目标,有可能发现新发现。”
David Lewis, Exploration Director with Kuya Silver, commented: "With our recent success in the Campbell-Crawford area, we are very pleased to fully integrate the Silver Centre area into our Silver Kings property. We have several target areas here that warrant follow-up work based on our updated understanding of the controls on silver-cobalt mineralization, and I look forward to advancing this area."
Kuya Silver的勘探总监大卫·刘易斯评论说:“随着我们最近在坎贝尔-克劳福德地区取得成功,我们很高兴将Silver Centre地区完全整合到我们的Silver Kings房产中。根据我们对银钴矿化控制的最新理解,我们这里有几个目标区域值得后续工作,我期待着推动这一领域的发展。”
Silver Centre Area
白银中心区
The Silver Centre area hosts the Keeley and Frontier mines, which merged at depth and produced a combined 19.1 million ounces of silver, plus significant cobalt and nickel. Mineralization is hosted primarily in fault zones above and below the sheet-like Nipissing Diabase sill, and the newly-acquired properties hosts other untested fault structures, particularly to the west and at depth (Figure 1). Mining was mainly restricted to the upper contact of the diabase sill, but minor workings below the sill intersected narrow, but very high grade, silver mineralization. The majority of the mineralized faults above the diabase sill were never tested at depth.
白银中心地区拥有Keeley和Frontier矿山,这两个矿山深度合并,共生产了1,910万盎司的白银,外加大量的钴和镍。矿化主要存在于板状Nipissing Diabase岩床的上方和下方的断层带,而新获得的特性还包含其他未经测试的断层结构,尤其是在西部和深处(图1)。采矿主要局限于辉绿岩矿床的上部接触处,但矿床下方的小型工作与狭窄但品位很高的银矿化层相交。辉绿岩基底上方的大多数矿化断层从未经过深度测试。
Key Terms of the Acquisition
收购的关键条款
Pursuant to the Agreement, in consideration for the transfer of the properties, Kuya Silver will issue to CSH 1,666,667 common shares of Kuya Silver (calculated at $450,000 at a price of $0.27 per share based on a 20-day volume weighted average price of shares trading on the Canadian Securities Exchange ("CSE") ending March 23, 2023). All such shares are subject to a statutory resale restriction of four-months and one day from the date of issuance. In addition, the Parties have agreed that 25% of the shares will be subject to a six-month minimum hold period and 25% of the shares will be subject to a nine-month minimum hold period. CSH will retain a 2% royalty on net smelter returns payable from any future commercial production from these properties. Electra Battery Materials Corporation, as the former holder of an option from CSH on the properties is also a signatory to the agreement.
根据该协议,作为转让财产的对价,Kuya Silver将向CSH发行Kuya Silver的1,6666,667股普通股(根据加拿大证券交易所股票交易的20天成交量加权平均价格计算,以每股0.27美元的价格计算)(”案例“) 将于 2023 年 3 月 23 日结束)。所有此类股票均受自发行之日起四个月零一天的法定转售限制。此外,双方同意,25%的股份将有六个月的最低持有期,25%的股份将有九个月的最低持有期。CSH将保留这些物业未来任何商业生产中应支付的冶炼厂净回报的2%特许权使用费。作为CSH对这些房产的期权的前持有者,Electra Battery Materials Corporation也是该协议的签署方。
The Agreement remains subject to approval by and fulfillment of the CSE and TSX Venture Exchange requirements.
该协议仍有待CSE和TSX风险交易所的批准和要求的满足。
References
参考文献
Sergiades, A.O. 1968. Silver Cobalt Calcite Vein Deposits of Ontario; Ontario Department of Mines, Mineral Resources Circular No. 10, 498p.
Sergiades,A.O. 1968。安大略省银钴方解石矿脉;安大略省矿业部,第10号矿产资源通告,498p。
Quality Assurance and Quality Control
质量保证和质量控制
The 2017 and 2018 First Cobalt samples were analyzed at AGAT Laboratories or ALS Laboratories. Samples processed through AGAT Laboratories were processed by sodium peroxide fusion and analyzed by ICP-OES or ICP-MS. High-grade silver was verified and reprocessed by 3 acid digest and ICP-OES finish. Samples processed through ALS Laboratories was digested with aqua regia and analyzed by AA and ICP-AES and capped to 1,500 g/t silver. Overlimit samples were reprocessed by fire assay with gravimetric finish on 30 g samples.
2017 年和 2018 年 First Cobalt 样本在 AGAT 实验室或 ALS 实验室进行了分析。通过 AGAT 实验室处理的样本通过过氧化钠融合处理,并通过 ICP-OES 或 ICP-MS 进行分析。高级银经过 3 次酸消化和 ICP-OES 表面处理验证和再加工。ALS 实验室处理的样本用王水消化,然后由 AA 和 ICP-AES 分析,上限为 1,500 g/t 银。超限样品通过火焰分析进行再处理,并对30 g样品进行重量测定。
The 2012 Canadian Silver Hunter samples were analyzed at AGAT Laboratories. Samples were processed by aqua regia and analyzed by ICP-OES.
AGAT 实验室分析了 2012 年加拿大 Silver Hunter 样本。样本由国王水处理,并由ICP-OES进行分析。
National Instrument 43-101 Disclosure
国家仪器 43-101 披露
The technical content of this news release has been reviewed and approved by Mr. David Lewis, P.Geo., Exploration Director of Kuya Silver and a Qualified Person as defined by National Instrument 43-101.
本新闻稿的技术内容已由Kuya Silver勘探总监、国家仪器43-101定义的合格人员P.Geo. David Lewis先生的审查和批准。
About Canadian Silver Hunter, Inc.
关于加拿大 Silver Hunter, Inc.
Canadian Silver Hunter Inc. is a Canadian mineral exploration company focused on silver, cobalt, nickel, copper and gold exploration in Ontario and Quebec.
Canadian Silver Hunter Inc. 是一家加拿大矿产勘探公司,专注于安大略省和魁北克的银、钴、镍、铜和金勘探。
For more information, please contact:
欲了解更多信息,请联系:
Jeffrey Hunter, President & Chief Executive Officer
Telephone: (416) 707-4230
jhunter@cshi.ca
杰弗里·亨特,总裁兼首席执行官
电话:(416) 707-4230
jhunter@cshi.ca
About Kuya Silver Corporation
关于 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 是一家总部位于加拿大的矿产勘探和开发公司,专注于收购、勘探和开发秘鲁和加拿大的贵金属资产。
For more information, please contact:
欲了解更多信息,请联系:
David Stein, President and Chief Executive Officer
Telephone: (604) 398‐4493
info@kuyasilver.com
大卫·斯坦,总裁兼首席执行官
电话:(604) 398‐4493
info@kuyasilver.com
Reader Advisory
读者咨询
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. Without limiting the generality of the foregoing statements, any discussion of the potential of exploration targets is 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.
本新闻稿包含构成 “前瞻性信息” 的陈述,包括有关公司、其董事或高级管理人员对公司未来业务活动的计划、意图、信念和当前期望的陈述。“可能”、“将”、“可以”、“将”、“打算”、“计划”、“预期”、“相信”、“估计”、“期望”、“必须”、“下一步”、“提议”、“新”、“潜力”、“前景”、“目标”、“未来”、“边缘”、“有利”、“影响” 和 “正在进行” 等词以及类似的表达方式,因为它们与公司或其管理层有关,旨在识别此类前瞻性信息。在不限制上述陈述的一般性的前提下,任何关于勘探目标潜力的讨论都是前瞻性信息。提醒投资者,包括前瞻性信息在内的陈述并不能保证未来的业务活动,涉及风险和不确定性,而且由于各种因素,包括但不限于市场价格的波动、公司运营的成功、资本和融资的持续可用性以及总体经济、市场和商业状况,公司未来的业务活动可能与前瞻性信息中描述的业务活动存在重大差异。无法保证此类前瞻性信息会被证明是准确的,因此,建议读者依靠自己对风险和不确定性的评估。除非适用的证券法要求,否则公司不承担任何更新任何前瞻性信息的义务。
Neither the Canadian Securities Exchange nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this release.
加拿大证券交易所和加拿大投资行业监管组织均不对本新闻稿的充分性或准确性承担责任。
To view the source version of this press release, please visit
要查看本新闻稿的源版本,请访问