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Mink Ventures Completes Payments to Earn 80% Interest in Montcalm

Mink Ventures Completes Payments to Earn 80% Interest in Montcalm

Mink Ventures完成付款以赚取蒙特卡姆80%的利息
newsfile ·  2023/12/19 16:00

Toronto, Ontario--(Newsfile Corp. - December 19, 2023) - Mink Ventures Corporation (TSXV: MINK) ("Mink" or the "Company") today announced that it has issued the second and final tranche of 800,000 shares to Voltage Metals Corp. (CSE: VOLT), and made the second and final $25,000 cash payment required under the option agreement to earn its 80% interest in the Montcalm Ni Cu Co Project. In addition, Mink has expended the required $600,000 in exploration expenditures on the project and upon completion of the transfer of certain assessment credits in March 2024, the Company will have earned its 80% interest in the property.

安大略省多伦多--(Newsfile Corp.,2023 年 12 月 19 日)-Mink Ventures Corporation(TSXV:MINK)(貂皮“或者”公司“)今天宣布,它已向Voltage Metals Corp.(CSE:VOLT)发行了第二批也是最后一批80万股股票,并支付了期权协议要求的第二笔也是最后一笔25,000美元现金,以赚取其在蒙特卡姆镍铜公司项目中的80%的权益。此外,Mink已将所需的60万美元勘探支出用于该项目,在2024年3月完成某些评估信贷的转让后,该公司将获得该物业80%的权益。

The Montcalm Project, covers 40 km2 adjacent to Glencore's former Montcalm Mine which had historical production of 3.93 million tonnes of ore grading 1.25% Ni, 0.67% Cu and 0.051% Co (Ontario Geological Survey, Atkinson, 2010). Montcalm has excellent access and infrastructure including an all-weather road to the property, a series of logging roads throughout, and proximity to the Timmins Mining Camp, enabling cost-effective mobilization and exploration.

蒙特卡姆项目占地40平方公里,毗邻嘉能可的前蒙特卡姆矿,该矿的历史产量为393万吨,镍品位为1.25%,铜品位为0.67%,钴品位为0.051%(安大略地质调查局,阿特金森,2010年)。蒙特卡姆拥有良好的交通和基础设施,包括通往该物业的全天候道路,各处有一系列伐木道路,并且靠近蒂明斯采矿营地,从而实现了具有成本效益的动员和勘探。

About Mink Ventures Corporation:

关于 Mink Ventures 公司:

Mink Ventures Corporation (TSXV: MINK) is a Canadian mineral exploration company exploring for critical minerals (nickel, copper, cobalt) at its Warren and Montcalm projects, in the Timmins, Ontario area. Mink's flagship Montcalm Project, covers 40 km2 adjacent to Glencore's former Montcalm Mine which had historical production of 3.93 million tonnes of ore grading 1.25% Ni, 0.67% Cu and 0.051% Co (Ontario Geological Survey, Atkinson, 2010). Its Warren Ni Cu Co Project is located 35 km away. Both projects have excellent access and infrastructure with an all-weather access road and power as well as its proximity to the skilled labour and facilities of the Timmins Mining Camp. After giving effect to the share issuance to Voltage Metals Corp, the Company has 18,702,984 shares outstanding.

Mink Ventures Corporation(多伦多证券交易所股票代码:MINK)是一家加拿大矿产勘探公司,在其位于安大略省蒂明斯地区的沃伦和蒙特卡姆项目中勘探关键矿物(镍、铜、钴)。Mink的旗舰蒙特卡姆项目占地40平方公里,毗邻嘉能可的前蒙特卡姆矿,该矿的历史产量为393万吨,镍品位为1.25%,铜品位为0.67%,钴品位为0.051%(安大略地质调查局,阿特金森,2010年)。它的沃伦镍铜公司项目距离酒店有35公里。这两个项目都拥有良好的通道和基础设施,拥有全天候通道和电力,并且靠近蒂明斯采矿营地的熟练劳动力和设施。在向Voltage Metals Corp发行股票生效后,该公司已经 18,702,984 已发行股份。

For further information about Mink Ventures Corporation please contact: Natasha Dixon, President & CEO, T: 250-882-5620 E: ndixon@minkventures.com or Kevin Filo, Director, T: 705-266-6818 or visit

有关 Mink Ventures Corporation 的更多信息,请联系:总裁兼首席执行官娜塔莎·迪克森,电话:250-882-5620 E:ndixon@minkventures.com 或董事凯文·菲洛,电话:705-266-6818 或访问

Forward Looking Statements

前瞻性陈述

This press release includes certain "forward-looking information", including, but not limited to, statements with respect to the prospectivity of the Montcalm Project. Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of MINK to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Factors that could affect the outcome include, among others: future prices and the supply of metals; the results of exploration work; inability to raise the money necessary to incur the expenditures required to retain and advance the Montcalm Project; environmental liabilities (known and unknown); general business, economic, competitive, political and social uncertainties; accidents, labour disputes and other risks of the mining industry; political instability, or delays in obtaining governmental approvals. For a more detailed discussion of such risks and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements, refer to MINK's filings with Canadian securities regulators available on SEDAR+. These forward-looking statements are made as of the date hereof and MINK disclaims any intent or obligation to update publicly any forward-looking statements, whether as a result of new information, future events or results or otherwise, except as required by applicable securities laws.

本新闻稿包含某些 “前瞻性信息”,包括但不限于有关蒙特卡姆项目前景的声明。前瞻性陈述涉及已知和未知的风险、不确定性和其他因素,这些因素可能导致MINK的实际业绩、业绩或成就与前瞻性陈述所表达或暗示的任何未来业绩、业绩或成就存在重大差异。可能影响结果的因素包括:金属的未来价格和供应;勘探工作的结果;无法筹集必要的资金来支付维持和推进蒙特卡姆项目所需的支出;环境负债(已知和未知);一般业务、经济、竞争、政治和社会的不确定性;采矿业的事故、劳资纠纷和其他风险;政治不稳定或延迟获得政府批准。有关此类风险和其他可能导致实际业绩与此类前瞻性陈述所表达或暗示的结果存在重大差异的因素的更详细讨论,请参阅MINK在SEDAR+上向加拿大证券监管机构提交的文件。这些前瞻性陈述自本文发布之日起作出,除非适用的证券法要求,否则MINK不打算或没有义务公开更新任何前瞻性陈述,无论是由于新信息、未来事件或业绩还是其他原因。

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。

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