Europacific Plans 1,000 Meter Drill Program at Miguel Vacas Copper Project, in Southern Portugal
Europacific Plans 1,000 Meter Drill Program at Miguel Vacas Copper Project, in Southern Portugal
VANCOUVER, BC / ACCESSWIRE / December 13, 2023 / Europacific Metals Inc. (TSXV:EUP) (the "Company" or "Europacific") is pleased to announce the planning of a 1,000-meter drilling program at its advanced Miguel Vacas Copper project. It lies approximately 180km east by road from Lisbon and approximately 70km east from Évora, the Alentejo region capital. It is close (< 10km) to the small towns of Estremoz, Borba, Vila Viçosa and Alandroal.
不列颠哥伦比亚省温哥华/ACCESSWIRE/2023 年 12 月 13 日/欧洲太平洋金属公司(多伦多证券交易所股票代码:EUP)(“公司” 或 “欧洲太平洋”)欣然宣布计划在其先进的米格尔·瓦卡斯铜矿项目中进行1,000米的钻探计划。它位于里斯本以公路向东约180公里处,距阿连特茹地区首府埃武拉以东约70公里。它靠近埃斯特雷莫斯、博尔巴、维拉维科萨和阿兰德罗等小镇(
European Electric Metals Inc., a EuroPacific company ("EVX"), owns a 100% interest in EVX Portugal, a private Portugal based company, that holds the legal exploration rights with the Portugal Government on the Borba 2 ("Borba 2") exploration properties, covering approximately 328 square kilometers in the Alentejo region in Southern Portugal. Miguel Vacas is the most advanced prospect within the Borba 2 license.
欧洲电气金属公司是一家欧洲太平洋公司(“EVX”),拥有葡萄牙私营公司EVX Portugal的100%权益,该公司拥有葡萄牙政府对Borba 2(“Borba 2”)勘探地产的合法勘探权,该地产占地约328平方公里,位于葡萄牙南部阿连特茹地区。米格尔·瓦卡斯是Borba 2许可证中最先进的潜在客户。
Miguel Vacas open pit copper deposit produced 1.9 million pounds of copper from the oxide zone of a shear zone in schists at least 2,000 meters along strike and 10 to 20 meters in width. Drilling priority has been put into this prospect and preparations have been made for initiation of a 1,000m campaign in 11 holes in early 2024. All relevant authorizations from the public authorities are currently being acquired.
米格尔·瓦卡斯露天铜矿床从片岩剪切带的氧化区生产了190万磅的铜,沿走向至少2,000米,宽度为10至20米。该前景的钻探工作已被列为优先事项,并已为2024年初在11个孔中启动1,000米的钻探活动做了准备。目前正在获得公共当局的所有相关授权。
Borba 2 projects have a well-documented potential to host precious and base metals mineralization often enhanced by the presence of abundant Au and /or Cu mineral occurrences in shear zones hosted in Devonian and Silurian metasediments and in epithermal systems associated with intra-Ordovician volcanics.
有据可查的Borba 2项目具有储存贵金属和基本金属矿化的潜力,这通常是因为泥盆纪和志留纪变沉积物中的剪切带以及与奥陶纪内部火山岩相关的超热系统中存在丰富的金和/或铜矿物,从而增强了矿化。
Mr. Karim Rayani, Chief Executive Officer commented, "The reinterpretation and geological modelling along with sampling from last year's exploration program generated a very compelling drill model target at Miguel Vacas. Eleven holes are now being planned to confirm the extensions and quality of the oxidized blanket amenable for an open pit heap leaching operation. The immediate goal is to come to market with an initial resource estimation - which if confirmed may enable a successful operation in the short term while the sulfide parts of the system are assessed by deeper drilling at a later stage. We look forward to reporting back on the start date of drill operations early 2024."
首席执行官卡里姆·拉亚尼先生评论道,”重新解释和地质建模以及去年勘探计划的采样在米格尔·瓦卡斯生成了一个非常引人注目的钻探模型目标。目前正在计划打11个洞,以确认适用于露天堆浸作业的氧化毯的延伸和质量。近期目标是将初步的资源估算推向市场——如果得到证实,这可能会在短期内成功运行,而系统的硫化物部分则需要在稍后阶段通过更深的钻探进行评估。我们期待着报告2024年初钻探作业的开始日期。”
Miguel Vacas- Past Producing Copper Mine
米格尔·瓦卡斯——过去生产铜矿
The Rio Tinto group explored the area for epithermal gold deposits during the early 1980's. They were followed by Carnon Holdings Ltd in the early 1990's, by Auvista Minerals during the period 1996-1998, by Rio Narcea Gold Mines in a JV with Kernow Resources (2005-2007) and more recently by Colt Resources until 2017.
力拓集团在20世纪80年代初在该地区勘探了超热液金矿床。紧随其后的是20世纪90年代初的卡农控股有限公司,1996-1998年期间的Auvista Minerals,与Kernow Resources合资的Rio Narcea金矿(2005-2007年),以及最近Colt Resources直到2017年。
The Miguel Vacas mine was an open pit copper mine last operated in 1986 by heap leaching methods. Records show that between the 1920's and 1990, 346 068 tonnes of oxide copper mineralization were reportedly mined but due to poor recovery only 895 tonnes of copper metal were produced. Copper grades ranged from 0.6 to 0.7% in the early years of the operation but later reached up to 1.4%. The immediate objective is to drill test the overall potential of the vein system so a minimum economic resource can be outlined which could be put into production quickly in a small/medium size operation.
米格尔·瓦卡斯矿是一座露天铜矿,最后一次使用堆浸法运营是在1986年。记录显示,在20世纪20年代至1990年之间,据报道开采了346 068吨氧化铜矿化物,但由于回收率不佳,只生产了895吨铜金属。在运营的最初几年,铜的品位从0.6%到0.7%不等,但后来达到1.4%。近期目标是钻探测试矿脉系统的整体潜力,从而可以概述最低限度的经济资源,这些资源可以在小型/中型作业中快速投入生产。
Historical near surface drilling (60 to 71.63m) intercepted 1.79% Cu over 10.54m including 2.29% Cu over 7.30m. An in-house resource estimation based on 20 historical holes carried out by Rio Narceia came up with a total of 1.2Mt @ 1.23% Cu for the supergene blanket and 4.4Mt @ 1.24% Cu for the sulphide ore, respectively from 0 to 80m and >80m to 250m over a drilled strike length of approximately 1.1km. The mineralized system extends on at least 2km along strike and is open at depth. The mineralization consists of polyphase copper mineralization hosted by an epithermal breccia and vein-type structures in a major shear zone. It includes shallow (above 80m) supergene blanket with Malachite [(CuCo3Cu(OH)], Libethenite (Cu2OHPO4), Crisocola (CuSiO3,2H2O), Atacamite (Cu2OHCl) and Covelite (CuS). Below this zone is the primary sulphide ore consisting of Chalcopyrite and Pyrite essentially.
历史上的近地表钻探(60至7163米)在1,054米处截获了1.79%的铜,其中在730米处截获了2.29%的铜。根据里奥纳塞亚进行的20个历史钻孔进行的内部资源估计,在大约1.1千米的钻探长度内,超级基因层的总铜含量为120万吨,铜含量为1.23%,硫化物矿石的铜含量分别为0至80米和>80米至250米。矿化系统沿走向延伸至少 2 千米,深度开放。矿化由多相铜矿化组成,由主剪切带中的超热角砾岩和矿脉型结构承载。它包括浅层(80米以上)的超基因覆盖层,其中含有孔雀石 [(CuCO3Cu(OH)]、Libethenite(Cu2OHPO4)、Crisocola(CuSiO3,2H2O)、Atacamite(Cu2OHCL)和Covelite(CuS)。该区域下方是主要的硫化物矿石,主要由黄铜矿和黄铁矿组成。
Highlights of the mineralized intercepts are depicted in the table below:
下表描绘了矿化截距的亮点:
During the next two seasons, EuroPacific Metals plans to conduct a robust exploration project on the concession. This will include geological mapping and rock-soil sampling, as well as IP and/or EM over selected areas. Miguel Vacas will be a primary target and a plan has been made to start a drill program involving 1,000m of drilling.
在接下来的两个季节中,EuroPacific Metals计划在该特许权上进行一项强有力的勘探项目。这将包括地质测绘和岩土取样,以及选定区域的IP和/或EM。米格尔·瓦卡斯将成为主要目标,并已计划启动一项涉及1,000米钻探的钻探计划。
The current drilling program will be focused on the investigation of the copper corridor envisages an initial, "surgical" drilling program with the following objectives:
当前的钻探计划将侧重于铜走廊的调查,该计划设想了初步的 “外科手术” 钻探计划,目标如下:
- confirmation drilling (2-3 holes) of high-grade zones from old reports and expand the "mining widths" to a more substantial target size of the main drilled area covering a strike length of 1.1km of the mineralized shear zone;
- infill drilling with a 100 X 100m grid to produce an initial reliable mineral resource estimation (Inferred category) of the supergene heap leachable copper blanket (0 - 80m depth) over the same mineralized length.
- 确认对旧报告中的高品位区域进行钻探(2-3个孔),并将 “采矿宽度” 扩大到更大的目标面积,覆盖矿化剪切带的走向长度为1.1千米;
- 使用 100 X 100 米的网格进行填充钻探,对相同矿化长度的超级基因堆浸铜层(0-80 米深度)进行初步可靠的矿产资源估算(推断类别)。
This campaign will enable a more ambitious planning for a larger drilling program, should the results be positive, aiming both the expansion of the resource fort the whole of the strike extension of the mineralized system of the supergene ore along with the strike (> 2.0km), and depth extensions of the sulphide ore.
如果结果良好,该活动将为更大规模的钻探计划提供更雄心勃勃的规划,目标是扩大资源堡垒,扩大超级基因矿石矿化系统的整个走向(> 2.0km),以及扩大硫化物矿石的深度。
Granting of Incentive Stock Options
The Company also announces that pursuant to its stock option plan, it has granted incentive stock options to purchase up to 2,000,000 common shares of the Company to certain directors, officers, and consultants. Each stock option is exercisable at a price of 5 cents a share for a period of 5 years. The Stock options will vest immediately.
授予激励性股票期权
该公司还宣布,根据其股票期权计划,它已向某些董事、高级管理人员和顾问授予激励性股票期权,以购买公司最多2,000,000股普通股。每份股票期权可按每股5美分的价格行使,为期5年。股票期权将立即归属。
Qualified Person
Jose Mario Castelo Branco, P.Geo., Vice President Exploration, is a "Qualified Person" for the purposes of NI 43-101, and he has reviewed and approved the scientific and technical disclosure contained in this news release. Technical information in this Press Release has been prepared in accordance with National Instrument 43-101 and approved for inclusion by Mr. José Mario Castelo Branco, EuroGeol, who is a "qualified person" with over 35 years' experience in the Exploration and Mining Geology industry. Mr. Castelo Branco holds a B.Sc. in Geology from the University of Porto in Portugal. He is also a member of the Portuguese Association of Geologists, the European Federation of Geologists, Member of the Prospectors and Developers of Canada, the Society of Economic Geologists and the Society for Geology Applied to Mineral Deposits.
合格人员
就NI 43-101而言,P.Geo.,勘探副总裁何塞·马里奥·卡斯特洛·布兰科是 “合格人士”,他已经审查并批准了本新闻稿中包含的科学和技术披露。本新闻稿中的技术信息是根据国家仪器43-101编制的,并经EuroGeol的何塞·马里奥·卡斯特洛·布兰科先生批准纳入其中,他是一位在勘探和采矿地质行业拥有超过35年的经验的 “合格人士”。卡斯特洛·布兰科先生拥有葡萄牙波尔图大学地质学学士学位。他还是葡萄牙地质学家协会、欧洲地质学家联合会的成员、加拿大探矿者和开发者协会的成员、经济地质学家协会和矿床应用地质学会的成员。
About Europacific Metals Inc
Europacific Metals Inc. is a Canadian public company listed on TSXV and in US on OTCQB. The Company holds brownfield gold, and copper-gold projects located in Portugal. The Company is focused on exploration in highly prospective geological settings in Europe and Eurasian jurisdictions.
关于欧洲太平洋金属公司
欧洲太平洋金属公司是一家加拿大上市公司,在多伦多证券交易所上市,在美国OTCQB上市。该公司持有位于葡萄牙的棕地黄金和铜金项目。该公司专注于在欧洲和欧亚司法管辖区极具前景的地质环境中进行勘探。
On behalf of the Board of Directors
Karim Rayani
Chief Executive Officer, Director
代表董事会
卡里姆·拉亚尼
首席执行官、董事
For further information please contact:
欲了解更多信息,请联系:
Europacific Metals Inc.
Mr. Karim Rayani, Chief Executive Officer
11th Floor - 1111 Melville Street
Vancouver, BC V6E 3V6
E: k@r7.capital
欧洲太平洋金属公司
首席执行官卡里姆·拉亚尼先生
11第四 楼层-梅尔维尔街 1111 号
不列颠哥伦比亚省温哥华 V6E 3V6
E: k@r7.capital
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.
多伦多证券交易所风险投资交易所及其监管服务提供商(该术语在多伦多证券交易所风险投资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 "forward-looking information" within the meaning of applicable securities laws relating to the exploration potential of the Company's properties. Generally forward-looking statements can be identified by the use of terminology such as "anticipate", "will", "expect", "may", "continue", "could", "estimate", "forecast", "plan", "potential" and similar expressions. These forward-looking statements involve risks and uncertainties relating to, among other things, results of future exploration and development activities, uninsured risks, regulatory changes, defects in title, availability of materials and equipment, timeliness of government approvals, changes in commodity prices and unanticipated environmental impacts on operations. Although the Company believes current conditions and expected future developments and other factors that have been considered are appropriate and that the expectations reflected in this forward-looking information are reasonable, undue reliance should not be placed on them because the Company can give no assurance that they will prove to be correct or enduring. Readers are cautioned to not place undue reliance on forward-looking information. The statements in this press release are made as of the date of this release. Except as required by law, the Company does not undertake any obligation to update publicly or to revise any forward-looking statements that are contained or incorporated in this press release. All forward-looking statements contained in this press release are expressly qualified by this cautionary statement. The readers should not rely on any historical estimates. The Company and the QP has not done sufficient work to classify historical estimate as a current resource. Company is not treating the historical estimate as a current resource. Additional work including drilling will be required to verify and upgrade historical estimates.
本新闻稿包含适用证券法所指与公司物业勘探潜力有关的 “前瞻性信息”。通常,前瞻性陈述可以通过使用 “预期”、“将”、“预期”、“可能”、“继续”、“可能”、“估计”、“预测”、“计划”、“潜力” 等术语和类似的表述来识别。这些前瞻性陈述涉及风险和不确定性,除其他外,涉及未来勘探和开发活动的结果、未投保的风险、监管变化、所有权缺陷、材料和设备的可用性、政府批准的及时性、大宗商品价格的变化以及对运营的意外环境影响。尽管公司认为当前状况和预期的未来发展以及已经考虑的其他因素是适当的,并且这些前瞻性信息中反映的预期是合理的,但不应过分依赖这些预期,因为公司无法保证这些预期会被证明是正确或持久的。提醒读者不要过分依赖前瞻性信息。本新闻稿中的声明是截至本新闻稿发布之日发表的。除非法律要求,否则公司不承担任何义务公开更新或修改本新闻稿中包含或纳入的任何前瞻性陈述。本新闻稿中包含的所有前瞻性陈述均受本警示声明的明确限制。读者不应依赖任何历史估计。该公司和QP在将历史估算归类为当前资源方面做得还不够。公司没有将历史估计值视为当前资源。需要进行包括钻探在内的其他工作来验证和升级历史估计。
SOURCE: Europacific Metals Inc.
来源:欧洲太平洋金属公司