Sokoman Minerals Signs LOI With Campden Hill Holdings Pty Ltd on the Iron Horse Property, Labrador
Sokoman Minerals Signs LOI With Campden Hill Holdings Pty Ltd on the Iron Horse Property, Labrador
ST.JOHN'S, NL / ACCESSWIRE / April 4, 2024 / Sokoman Minerals Corp. (TSXV:SIC)(OTCQB:SICNF) ("Sokoman" or the "Company") is pleased to report that pending TSX Venture approval it has agreed, pursuant to a Letter of Intent (LOI) with Australian-based, private company Campden Hill Holdings Pty Ltd (Campden Hill), to provide Campden Hill with an option to purchase the Iron Horse property (the "Property") from Sokoman Minerals Corp. Campden Hill is controlled by an investment group with experience in mineral exploration and investment in multiple jurisdictions globally, including more than a decade in investing across various commodities in Canada.
荷兰圣约翰/ACCESSWIRE/2024年4月4日/索科曼矿业公司(多伦多证券交易所股票代码:SIC)(OTCQB: SICNF)(“Sokoman” 或 “公司”)欣然宣布,根据与总部位于澳大利亚的私营公司坎普登希尔控股有限公司(坎普登希尔)签订的意向书(LOI),在多伦多证券交易所风险投资获得批准之前,它已同意向坎普登提供坎普登希尔控股有限公司(Campden Hill)希尔可以选择从索科曼矿业公司购买铁马房产(“房产”)坎登希尔由一家在多个司法管辖区拥有矿产勘探和投资经验的投资集团控制在全球范围内,包括在加拿大投资各种大宗商品的十多年。
The Property is in the eastern portion of the Labrador Trough, Canada's most prolific iron ore producing region. The Property is host to significant iron deposits and has critical mineral showings of uranium and rare earth elements (REEs).
该物业位于加拿大铁矿石产量最高的拉布拉多槽的东部。该物业拥有大量的铁矿床,并有重要的铀和稀土元素(REE)矿物展示。
The Property was staked in 2011 as a joint venture between Golden Dory Resources (now Sokoman Minerals Corp.) and Metals Creek Resources ("Metals Creek") to evaluate the uranium potential of the area. Initial prospecting identified iron ore potential, and in 2012, Sokoman acquired 100% ownership (subject to net smelter return royalties) from Metals Creek. Diamond drilling (eight holes) testing the iron ore potential intersected significant thicknesses of iron mineralization as taconite, including a 354 m intercept grading ~28% Fe. Direct Shipping Ore (DSO) potential was also noted, with assays of 53% Fe from parts of the Property. Following the extended decline in iron ore prices over the past decade, the iron ore exploration was ended and the Property was placed on care and maintenance as a non-core asset.
该物业于2011年作为Golden Dory Resources(现为索科曼矿业公司)和金属溪资源(“Metals Creek”)的合资企业入股,旨在评估该地区的铀潜力。最初的勘探确定了铁矿石的潜力,2012年,索科曼从Metals Creek收购了100%的所有权(受冶炼厂净回报特许权使用费的限制)。金刚石钻探(八个孔)测试铁矿石的潜力,与铁角岩相交了相当厚度的铁矿化,包括354米的截距,品位约为28%。还注意到直接运输矿石(DSO)的潜力,对部分房产的53%铁进行了化验。在过去十年中,铁矿石价格持续下跌,铁矿石勘探结束,该物业作为非核心资产进行了保养和维护。
Timothy Froude, P. Geo., President and CEO of Sokoman, states: "We are happy to have found a quality partner for the Iron Horse project. We look forward to working with Campden Hill, including offering logistical and technical support, to evaluate and advance the Property. This transaction allows Sokoman to remain focused on its flagship gold projects at Moosehead and Fleur de Lys and continue its strategy of finding quality partners to share the risk and reward on its other holdings. This strategy follows the recent deal for the former Golden Hope Project (now Killick Lithium) and four other property deals with various partners across Newfoundland."
Sokoman总裁兼首席执行官蒂莫西·弗劳德P.Geo表示:“我们很高兴为Iron Horse项目找到了优质的合作伙伴。我们期待与坎登希尔合作,包括提供后勤和技术支持,以评估和推进该物业的发展。这笔交易使Sokoman能够继续专注于其在Moosehead和Fleur de Lys的旗舰黄金项目,并继续其寻找优质合作伙伴以分担其他持股风险和回报的战略。该战略遵循了最近与前金希望项目(现为Killick Lithium)达成的协议,以及与纽芬兰各地的不同合作伙伴达成的其他四项房地产协议。”
James Thompson, Director of Campden Hill, states: "We are pleased to be able to work with the Sokoman team as we look to further explore and develop the Iron Horse project in conjunction with our neighbouring land package in Labrador."
坎登希尔董事詹姆斯·汤普森表示:“我们很高兴能够与Sokoman团队合作,我们希望进一步探索和开发铁马项目以及邻近的拉布拉多土地一揽子计划。”
The letter agreement (the "Agreement") describes the terms upon which Sokoman Minerals Corp. (the "Optionor" or "Sokoman") has agreed to provide Campden Hill Holdings Pty Limited (the "Optionee"), or its permitted transferee, with an option to acquire 100% of the Iron Horse Property in Labrador, Canada, 23 claims held by Sokoman, more particularly described as follows:
书面协议(“协议”)描述了索科曼矿业公司(“期权人” 或 “索科曼”)同意向坎普登希尔控股私人有限公司(“期权持有人”)或其允许的受让人提供收购加拿大拉布拉多铁马财产100%股权的期权的条款,具体描述如下:
1. Summary of Terms of Option;
1。期权条款摘要;
Subject to the satisfaction of the terms and conditions of this Agreement, the Optionor agrees to provide the Optionee with the option to purchase, all right, title and interest in, the Property (the "Option"), subject to underlying NSR obligations. During the term of this Agreement, all expenditures and reports required to maintain the Property in good standing will be the responsibility of the Optionee.
在满足本协议的条款和条件的前提下,期权持有人同意向期权持有人提供购买该财产(“期权”)的所有权利、所有权和权益的选择权,但须遵守基本的NSR义务。在本协议期限内,维持财产良好信誉所需的所有支出和报告将由期权持有人负责。
The aggregate price to exercise the Option is three hundred thousand Canadian dollars (CAD$300,000) with potential for a future bonus payment of up to CAD$500,000 which will be payable by the Optionee to the Optionor in accordance with Section 1 as follows:
行使期权的总价格为三十万加元(300,000加元),未来可能获得高达500,000加元的奖金,期权持有人将根据第1节向期权人支付该奖金,具体如下:
a) CAD$20,000 (Deposit) within 5 days of the date of execution of this Agreement for an exclusive three-month Due Diligence Period;
a) 在本协议执行之日起 5 天内提供 20,000 加元(存款),专属的三个月尽职调查期;
b) CAD$100,000 (the "Initial Option Exercise Payment") in cash or shares (at election of Optionee) during the three-month period following the date of execution of this Agreement together with delivery of the Option Notice;
b) 在本协议执行及期权通知交付之日后的三个月内,以现金或股票(由期权持有人选择)100,000加元(“首次期权行使付款”);
c) CAD$180,000 ("Year 1 Payment") comprising CAD$30,000 in cash and CAD$150,000 in cash or shares (at election of the Optionee) on the date that is no later than twelve months following the payment of the Initial Option Exercise Payment;
c) 180,000加元(“第一年付款”),包括30,000加元的现金和150,000加元的现金或股票(由期权持有人选择),在支付首次期权行使付款后十二个月之内;
d) CAD$500,000 ("Bonus Payment") in cash or shares (at election of the Optionee) on the date that a bankable feasibility study is completed.
d) 在银行可行性研究完成之日以现金或股票(由期权持有人选择)500,000加元(“奖金支付”)。
QP
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This news release has been reviewed and approved by Timothy Froude, P.Geo., a "Qualified Person" under National Instrument 43-101 and President and CEO of Sokoman Minerals Corp.
本新闻稿已经 P.Geo. Timothy Froude 审查和批准,他是国家仪器 43-101 旗下的 “合格人士”,也是索科曼矿业公司总裁兼首席执行官
About Sokoman Minerals Corp.
关于索科曼矿业公司
Sokoman Minerals Corp. is a discovery-oriented company with projects in the province of Newfoundland and Labrador, Canada. The Company's primary focus is its portfolio of gold projects; the 100%-owned flagship, advanced-stage Moosehead, Crippleback Lake, and the district-scale Fleur de Lys project near Baie Verte in northwestern Newfoundland, that is targeting Dalradian-type orogenic gold mineralization similar to the Curraghinalt and Cavanacaw deposits in Northern Ireland. The Company entered into a strategic alliance with Benton Resources Inc. through three, large-scale, joint-venture properties including Grey River, Golden Hope, and Kepenkeck in Newfoundland. Sokoman is one of the largest landholders in Newfoundland, in Canada's newest and rapidly emerging gold districts.
Sokoman Minerals Corp. 是一家以发现为导向的公司,其项目位于加拿大纽芬兰省和拉布拉多省。该公司的主要重点是其黄金项目组合;拥有 100% 股权的旗舰项目、处于后期阶段的Moosehead、Crippleback Lake以及位于纽芬兰西北部Baie Verte附近的地区规模的Fleur de Lys项目,其目标是类似于北爱尔兰Curraghinalt和Cavanacaw矿床的达尔拉迪安型造山金矿化。该公司通过包括纽芬兰的格雷河、金希望和凯彭凯克在内的三处大型合资物业与本顿资源公司建立了战略联盟。索科曼是纽芬兰最大的土地所有者之一,纽芬兰是加拿大最新和迅速崛起的黄金区。
In October 2023, Sokoman and Benton completed an agreement with Piedmont Lithium Inc., a major developer of lithium projects and processing plants in the USA, and exactly the right partner to have to advance the lithium project. The agreement provides for Piedmont to earn up to 62.5% of the Killick Lithium Project (formerly Golden Hope project) by funding up to $12 million in exploration expenses and issuing $10 million common shares in three stages. The Killick Lithium Project has been transferred to Killick Lithium Inc. (Killick), a 100%-owned subsidiary of Vinland Lithium Inc. (Vinland). Newly created Vinland has received $2 million in financing from Piedmont for a 19.9% interest, with the balance of ownership between Sokoman and Benton. Sokoman and Benton will continue to operate the exploration efforts at Killick through the earn-in stages. Sokoman and Benton will retain a royalty of 2% NSR on future production. Piedmont will have exclusive marketing rights for the promotion and sale of any lithium products produced from the project on a life-of-mine basis, and the right of first refusal on 100% offtake rights to the lithium concentrates.
2023年10月,Sokoman和Benton与皮埃蒙特锂业公司完成了一项协议。皮埃蒙特锂业公司是美国锂项目和加工厂的主要开发商,也是推进锂项目的恰当合作伙伴。该协议规定,通过资助高达1200万美元的勘探费用和分三个阶段发行1000万美元的普通股,皮埃蒙特将获得高达62.5%的基利克锂项目(前身为金希望项目)的62.5%的股份。基利克锂项目已移交给基利克锂业公司(Killick),该公司是Vinland Lithium Inc.(Vinland)100%控股的子公司。新成立的Vinland已从皮埃蒙特获得了200万美元的融资,权益为19.9%,所有权余额由Sokoman和Benton组成。索科曼和本顿将继续在基利克进行勘探工作,直到盈利阶段。索科曼和本顿将在未来的生产中保留2%的NSR的特许权使用费。Piedmont将拥有在矿山寿命基础上推广和销售该项目生产的任何锂产品的独家营销权,并对锂浓缩物的100%承购权拥有优先拒绝权。
Projects optioned with optionee fully vested:
选择的项目,期权人已完全归属:
- East Alder Project optioned to Canterra Minerals Inc (SIC retains 850,000 shares of CTM plus 1% NSR)
- Startrek Project optioned to Thunder Gold (SIC retains 1,750,000 shares of TGOL plus 1% NSR)
- East Alder Project选择了坎特拉矿业公司(SIC保留了CTM的85万股股份外加1%的NSR)
- Startrek Project选择了Thunder Gold(SIC保留了TGOL的175万股股票外加1%的NSR)
Mineralization hosted on adjacent and/or nearby properties is not necessarily indicative of mineralization hosted on the Company's property.
邻近和/或附近物业上存在的矿化并不一定表示公司财产上存在的矿化现象。
For more information, please contact:
欲了解更多信息,请联系:
Timothy Froude, P.Geo., President & CEO
T: 709-765-1726
E: tim@sokomanmineralscorp.com
Timothy Froude,P.Geo.,总裁兼首席执行官
T: 709-765-1726
E: tim@sokomanmineralscorp.com
Cathy Hume, VP Corporate Development, Director
T: 416-868-1079 x 251
E: cathy@chfir.com
Cathy Hume,企业发展副总裁、董事
T:416-868-1079 x 251
E: cathy@chfir.com
Twitter: @SokomanMinerals
Facebook: @SokomanMinerals
LinkedIn: @SokomanMineralsCorp
推特:@SokomanMinerals
Facebook:@SokomanMinerals
领英:@SokomanMineralsCorp
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。
Investors are cautioned that trading in the securities of the Corporation should be considered highly speculative. Except for historical information contained herein, this news release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially. Sokoman Minerals Corp. will not update these forward-looking statements to reflect events or circumstances after the date hereof. More detailed information about potential factors that could affect financial results is included in the documents filed from time to time with the Canadian securities regulatory authorities by Sokoman Minerals Corp.
提醒投资者,公司证券的交易应被视为高度投机性。除此处包含的历史信息外,本新闻稿包含涉及风险和不确定性的前瞻性陈述。实际结果可能存在重大差异。Sokoman Minerals Corp. 不会更新这些前瞻性陈述以反映本文发布之日之后的事件或情况。有关可能影响财务业绩的潜在因素的更多详细信息包含在Sokoman Minerals Corp. 不时向加拿大证券监管机构提交的文件中
SOURCE: Sokoman Minerals Corp.
来源:索科曼矿业公司