Pacific Ridge Identifies Six-Kilometre-Long Copper-Gold Porphyry Trend at Chuchi Copper-Gold Project
Pacific Ridge Identifies Six-Kilometre-Long Copper-Gold Porphyry Trend at Chuchi Copper-Gold Project
Vancouver, British Columbia--(Newsfile Corp. - April 30, 2024) - Pacific Ridge Exploration Ltd. (TSXV: PEX) (OTCQB: PEXZF) (FSE: PQWN) ("Pacific Ridge" or the "Company") is pleased to announce that it has identified a six kilometre ("km") long copper-gold porphyry trend at the Chuchi copper-gold project ("Chuchi" or the "Project") located in the prolific Quesnel Terrane in northcentral British Columbia 35 km northeast of Centerra Gold Inc.'s ("Centerra") Mount Milligan Mine (see Figure 1).
不列颠哥伦比亚省温哥华--(Newsfile Corp.,2024年4月30日)——太平洋山脊勘探有限公司(TSXV:PEX)(OTCQB:PEXZF)(FSE:PQWN)(“太平洋岭” 或 “公司”)欣然宣布,它已经确定了丘奇铜金项目(“Chuchi” 或 “公司”)长达六千米(“km”)的铜金斑岩趋势 “项目”)位于不列颠哥伦比亚省中北部多产的 Quesnel Terrane,位于 Centerra Gold Inc. 东北 35 公里处s(“Centerra”)米利根山矿(参见图 1)。
Since acquiring Chuchi in May 2022, Pacific Ridge has completed airborne and ground-based geophysics programs and a gridded soil sampling and mapping program at the Project. This, combined with compilation and review of historical data, has resulted in the development of an exploration model for a six km long copper-gold porphyry trend (see Figure 2) that includes several highly prospective target areas, including the BP Zone, which hosts a historical geological resource of 50 million tonnes with grades between 0.21 - 0.40% copper and 0.21 - 0.44 grams per tonne ("g/t") gold1. This historical geological resource is not compliant with National Instrument 43-101 standards. A Qualified Person has not done sufficient work to classify the historical geological resource as current mineral resources or mineral reserves and Pacific Ridge is not treating the historical geological resource as current mineral resources or mineral reserves. Investors are cautioned that the historical geological resource does not mean or imply that economic deposits exist at Chuchi.
自2022年5月收购Chuchi以来,太平洋岭已经完成了该项目的机载和地面地球物理项目以及网格化土壤采样和测绘计划。再加上对历史数据的汇编和审查,开发了长达六千米的铜金斑岩趋势的勘探模型(见图2),其中包括几个极具前景的目标区域,包括英国石油区,该区域拥有5000万吨的历史地质资源,铜品位在0.21-0.40%和每吨0.21至0.44克(“g/t”)黄金之间1。这种历史地质资源不符合国家仪器43-101标准。合格人员在将历史地质资源归类为当前矿产资源或矿产储量方面做得不够,太平洋岭没有将历史地质资源视为当前的矿产资源或矿产储量。提醒投资者,历史地质资源并不意味着或暗示楚奇存在经济储量。
Highlights:
亮点:
- The BP Zone is a 550 metres x 450 metres x 650 metres ("m") interpreted porphyry intrusive complex 3D ZTEM anomaly with two IP anomalies spanning more than 1 km. Although historic drilling at the BP Zone returned significant porphyry copper-gold mineralization, including drill hole CH-90-27 which returned 194.0 m at 0.21% copper and 0.21 g/t gold (see Table 1 for more BP Zone results). The BP Zone has not been adequately drill tested.
- BP 区域是一个 550 米 x 450 米 x 650 米(“m”)解释的斑岩侵入性复杂三维 ZTEM 异常,有两个跨度超过 1 千米的 IP 异常。尽管英国石油区的历史钻探发现了大量斑岩铜金矿化,包括 CH-90-27 钻孔,该钻孔返回了 194.0 米,铜含量为 0.21%,金含量为 0.21 克/吨(更多英国石油区结果见表 1)。英国石油区尚未经过充分的钻探测试。
- The Digger Zone is an open 500 x 250 x 200 m IP anomaly where drill hole CH-91-42 intersected 229.2 m at 0.10% copper and 0.61 g/t gold and ended in mineralization.
- 挖掘区是一个开放的 500 x 250 x 200 m IP 异常,其中 CH-91-42 钻孔以 0.10% 的铜和 0.61 克/吨的金相交 229.2 米,最后以矿化告终。
- The BP Zone and the Digger Zone have significant, untested potential for porphyry copper-gold mineralization at depth as many of the historic drill holes were shallow, less than 150 m in depth, and ended in mineralization.
- 英国石油区和挖掘区具有巨大的、未经测试的深度斑岩铜金矿化潜力,因为许多历史钻孔都很浅,深度小于 150 米,最后以矿化结束。
- The Coho Zone includes a 400 m x 250 m x 200 m interpreted porphyry intrusive complex 3D ZTEM anomaly with a two-limbed IP chargeability high anomaly that spans more than 1.4 km and has a similar geometry as mineralization trends at the nearby Mount Milligan Mine. This target has never been drilled.
- Coho Zone包括一个400 m x 250 m x 200 m的解释型斑岩侵入性复杂三维ZTEM异常,其双肢IP充电率高异常跨度超过1.4千米,其几何形状与附近米利根山矿的矿化趋势相似。这个目标从未被钻探过。
Quote
报价
"We have always believed that Chuchi, like our flagship Kliyul copper-gold project, represented a significant discovery opportunity and our exploration results have confirmed that potential," said Blaine Monaghan, President & CEO of Pacific Ridge. "We look forward to drilling for discovery at Chuchi and sharing those rewards with shareholders in the very near future."
“我们一直认为,Chuchi和我们的旗舰Kliyul铜金项目一样,是一个重要的发现机会,我们的勘探结果证实了这种潜力,” 太平洋岭总裁兼首席执行官布莱恩·莫纳汉说。“我们期待在Chuchi进行钻探以进行发现,并在不久的将来与股东分享这些回报。”
Figure 1
图 1
Location of Chuchi
楚奇的位置
Figure 2
图 2
2023 IP Survey Results at Chuchi and Proposed Drill Hole Locations
Chuchi 的 2023 年知识产权调查结果和拟议的钻孔地点
Figure 3
图 3
Proposed Drill Holes at the BP and Digger Zone with 3D Chargeability Model, View to West-Northwest
拟在英国石油公司和挖掘区使用三维充电率模型进行钻孔,西北方向视图
Figure 4
图 4
Proposed Drill Hole at the Coho Zone with IP Chargeability Model, View to North
利用 IP 收费模型在 Coho 区域拟议的钻孔,朝北视图
Table 1
表 1
BP Zone Drill Highlights2
BP 区域钻探亮点2
Hole No. | From (m) | To (m) | Width (m) | Cu (%) | Au (g/t) | CuEq (%)* | AuEq (g/t)** |
CH-89-7 | 38.0 | 138.0 | 100.0 | 0.27 | 0.37 | 0.51 | 0.76 |
Includes | 82.0 | 98.0 | 16.0 | 0.71 | 1.32 | 1.60 | 2.37 |
CH-89-8 | 156.0 | 200.0 | 44.0 | 0.26 | 0.25 | 0.43 | 0.64 |
CH-90-23 | 38.0 | 94.0 | 56.0 | 0.16 | 0.22 | 0.31 | 0.46 |
Includes | 38.0 | 54.0 | 16.0 | 0.36 | 0.58 | 0.75 | 1.12 |
CH-90-27 | 32.0 | 226.0 | 194.0 | 0.21 | 0.21 | 0.35 | 0.52 |
Includes | 156.0 | 226.0 | 70.0 | 0.31 | 0.34 | 0.54 | 0.80 |
CH-90-30 | 98.0 | 256.0 | 158.0 | 0.22 | 0.10 | 0.29 | 0.43 |
Includes | 182.0 | 256.0 | 74.0 | 0.26 | 0.13 | 0.35 | 0.52 |
CH-90-33 | 54.0 | 304.5 Ɨ | 250.50 | 0.21 | 0.12 | 0.29 | 0.44 |
Includes | 64.0 | 152.0 | 88.0 | 0.36 | 0.21 | 0.51 | 0.75 |
CH-90-36 | 51.5 | 243.5 Ɨ | 192.0 | 0.16 | 0.12 | 0.24 | 0.36 |
Includes | 166.0 | 238.0 | 72.0 | 0.18 | 0.15 | 0.28 | 0.42 |
CH-90-37 | 54.3 | 262.1 Ɨ | 207.8 | 0.22 | 0.12 | 0.30 | 0.45 |
Includes | 110.0 | 154.0 | 44.0 | 0.35 | 0.18 | 0.47 | 0.70 |
CH-91-40 | 50.0 | 130.0 | 80.0 | 0.30 | 0.29 | 0.49 | 0.73 |
Includes | 50.0 | 114.0 | 64.0 | 0.35 | 0.33 | 0.57 | 0.85 |
Includes | 64.0 | 104.0 | 40.0 | 0.45 | 0.41 | 0.73 | 1.08 |
CH-91-42 | 91.4 | 320.6 Ɨ | 229.2 | 0.10 | 0.61 | 0.51 | 0.76 |
Includes | 94.0 | 144.0 | 50.0 | 0.09 | 2.10 | 1.50 | 2.23 |
Includes | 94.0 | 122.0 | 28.0 | 0.07 | 3.61 | 2.49 | 3.70 |
And | 200.0 | 242.0 | 42.0 | 0.13 | 0.55 | 0.50 | 0.74 |
CH-19-003 | 91.5 | 411.0 Ɨ | 319.5 | 0.16 | 0.14 | 0.25 | 0.37 |
Includes | 341.0 | 401.0 | 60.0 | 0.26 | 0.24 | 0.42 | 0.63 |
洞号 | 从 (m) | 到 (m) | 宽度 (m) | 铜 (%) | 金 (g/t) | cueQ (%) * | aueQ (g/t) ** |
CH-89-7 | 38.0 | 138.0 | 100.0 | 0.27 | 0.37 | 0.51 | 0.76 |
包括 | 82.0 | 98.0 | 16.0 | 0.71 | 1.32 | 1.60 | 2.37 |
CH-89-8 | 156.0 | 200.0 | 44.0 | 0.26 | 0.25 | 0.43 | 0.64 |
CH-90-23 | 38.0 | 94.0 | 56.0 | 0.16 | 0.22 | 0.31 | 0.46 |
包括 | 38.0 | 54.0 | 16.0 | 0.36 | 0.58 | 0.75 | 1.12 |
CH-90-27 | 32.0 | 226.0 | 194.0 | 0.21 | 0.21 | 0.35 | 0.52 |
包括 | 156.0 | 226.0 | 70.0 | 0.31 | 0.34 | 0.54 | 0.80 |
CH-90-30 | 98.0 | 256.0 | 158.0 | 0.22 | 0.10 | 0.29 | 0.43 |
包括 | 182.0 | 256.0 | 74.0 | 0.26 | 0.13 | 0.35 | 0.52 |
CH-90-33 | 54.0 | 304.5 | 250.50 | 0.21 | 0.12 | 0.29 | 0.44 |
包括 | 64.0 | 152.0 | 88.0 | 0.36 | 0.21 | 0.51 | 0.75 |
CH-90-36 | 51.5 | 243.5 | 192.0 | 0.16 | 0.12 | 0.24 | 0.36 |
包括 | 166.0 | 238.0 | 72.0 | 0.18 | 0.15 | 0.28 | 0.42 |
CH-90-37 | 54.3 | 262.1 | 207.8 | 0.22 | 0.12 | 0.30 | 0.45 |
包括 | 110.0 | 154.0 | 44.0 | 0.35 | 0.18 | 0.47 | 0.70 |
CH-91-40 | 50.0 | 130.0 | 80.0 | 0.30 | 0.29 | 0.49 | 0.73 |
包括 | 50.0 | 114.0 | 64.0 | 0.35 | 0.33 | 0.57 | 0.85 |
包括 | 64.0 | 104.0 | 40.0 | 0.45 | 0.41 | 0.73 | 1.08 |
CH-91-42 | 91.4 | 320.6 | 229.2 | 0.10 | 0.61 | 0.51 | 0.76 |
包括 | 94.0 | 144.0 | 50.0 | 0.09 | 2.10 | 1.50 | 2.23 |
包括 | 94.0 | 122.0 | 28.0 | 0.07 | 3.61 | 2.49 | 3.70 |
而且 | 200.0 | 242.0 | 42.0 | 0.13 | 0.55 | 0.50 | 0.74 |
CH-19-003 | 91.5 | 411.0 | 319.5 | 0.16 | 0.14 | 0.25 | 0.37 |
包括 | 341.0 | 401.0 | 60.0 | 0.26 | 0.24 | 0.42 | 0.63 |
*CuEq = ((Cu%) x $Cu x 22.0462) + (Au(g/t) x AuR/CuR x $Au x 0.032151) / ($Cu x 22.0462).
**AuEq = ((Au(g/t) x $Au x 0.032151) + ((Cu%) x CuR/AuR x $Cu x 22.0462) / ($Au x 0.032151).
Commodity prices: $Cu = US$3.25/lb and $Au = US$1,800/oz.
There has been no metallurgical testing on Chuchi mineralization. The Company estimates copper recoveries (CuR) of 84%, and gold recoveries (AuR) of 70% based on the average recoveries from Kemess Underground, Mount Milligan, and Red Chris.
Factors: 22.0462 = Cu% to lbs per tonne and 0.032151 = Au g/t to troy oz per tonne.
Ɨ End of hole
*CueQ = ((Cu%) x $Cu x 22.0462) + (Au (g/t) x aur/cuR x $Au x $Au x 0.032151)/($Cu x 22.0462)/($Cu x 22.0462)。
**auEq = ((Au (g/t) x $Au x 0.032151) + ((Cu%) x cur/Aur x $Cu x $Cu x 22.0462)/($Au x 0.032151)/($Au x 0.032151)。
大宗商品价格:澳元=3.25美元/磅,澳元=1,800美元/盎司。
尚未对楚奇矿化进行过冶金试验。根据Kemess Underground、Milligan山和Red Chris的平均回收率,该公司估计铜回收率(cUR)为84%,黄金回收率(AuR)为70%。
系数:22.0462 = 每吨铜对磅的百分比,0.032151 = 每吨金克/吨对金衡盎司。
洞尽头
About Chuchi
关于 Chuchi
Chuchi is more than 16,000 hectares in size and is comprised of three claim blocks, Chuchi, under option from Centerra, and Chuchi South and Chuchi West, under option from American Copper Development Corporation. Chuchi hosts several compelling exploration targets, is road accessible, and is located approximately 35 km northwest of Centerra's Mount Milligan Mine.
Chuchi的面积超过16,000公顷,由三个索赔区块组成,即Centerra的期权区块Chuchi和由美国铜业开发公司选择的Chuchi South和Chuchi West。Chuchi拥有多个引人注目的勘探目标,道路通畅,位于森特拉的米利根山矿西北约35公里处。
Chuchi has a long history of exploration by companies such as Noranda, BP, Rio Algom, Kiska Metals and AuRico Metals, including 8,886 m of drilling in 48 holes, of which 39 holes targeted the main BP Zone. An additional 27 holes were drilled in 1991; the core logging records for this drilling have been lost but assay results and collar locations were recovered in 2019 from a historical Placer Dome Inc database. Most of the historical drilling was shallow, less than 150 m in depth, with many of the drill holes ending in mineralization. Grades within the mineralized portion of the BP Zone have historically been reported as ranging from 0.21% to 0.40% Cu and from 0.21 g/t to 0.44 g/t Au (see news release dated May 9, 2022), but some intervals are considerably higher grade than this (see Table 1) and the Company believes there are underexplored high-grade centres within the BP Zone that have not yet been fully delineated, and the core of the porphyry system has yet to be identified. In addition to the BP Zone, Chuchi includes several other targets that could represent porphyry centres along the Hogem batholith margin.
Chuchi在诺兰达、英国石油公司、里约阿尔戈姆、Kiska Metals和Aurico Metals等公司的勘探方面有着悠久的历史,包括在48个钻孔中钻探了8,886米,其中39个钻孔瞄准了英国石油公司的主要区域。1991年又钻了27个洞;这次钻探的岩心测井记录已经丢失,但在2019年从Placer Dome Inc的历史数据库中找回了化验结果和钻孔位置。历史上的大部分钻探都是浅层的,深度小于 150 米,许多钻孔以矿化告终。历史上,据报道,英国石油区矿化部分的品位介于铜的0.21%至0.40%之间,从0.21克/吨到0.44克/吨金不等(见2022年5月9日的新闻稿),但有些区间的品位要高得多(见表1),该公司认为,英国石油区内还有一些尚未充分开发的高品位中心以及斑岩的核心系统尚未确定。除英国石油区外,Chuchi还包括其他几个目标,这些目标可能代表霍格姆基岩边缘的斑岩中心。
Pacific Ridge recently reached an agreement with the optionors of Chuchi South to issue 550,000 common shares of the Company in lieu of a $50,000 cash payment that was due on February 13, 2024. This agreement is subject to TSX Venture Exchange acceptance.
太平洋岭最近与Chuchi South的期权人达成协议,发行该公司的55万股普通股,以代替原定于2024年2月13日到期的5万美元现金付款。本协议须经多伦多证券交易所风险交易所接受。
About Pacific Ridge
关于太平洋岭
Our goal is to become British Columbia's leading copper-gold exploration company. Pacific Ridge's flagship asset is its 100% owned Kliyul copper-gold project, located in the Quesnel Terrane close to existing infrastructure. In addition to Kliyul, the Company's project portfolio includes the RDP copper-gold project, the Chuchi copper-gold project, the Onjo copper-gold project, and the Redton copper-gold project, all located in British Columbia. Pacific Ridge would like to acknowledge that its B.C. projects are located in the traditional, ancestral and unceded territories of the Gitxsan Nation, McLeod Lake Indian Band, Nak'azdli Whut'en, Takla Nation, and Tsay Keh Dene Nation.
我们的目标是成为不列颠哥伦比亚省领先的铜金勘探公司。太平洋岭的旗舰资产是其100%拥有的Kliyul铜金项目,该项目位于Quesnel Terrane中,靠近现有基础设施。除Kliyul外,该公司的项目组合还包括位于不列颠哥伦比亚省的RDP铜金项目、Chuchi铜金项目、Onjo铜金项目和雷顿铜金项目。太平洋岭希望承认,其不列颠哥伦比亚省的项目位于吉特桑民族、麦克劳德湖印第安乐队、Nak'azdli Whut'en、Takla Nation和Tsay Keh Dene民族的传统、祖先和未割让的领土。
On behalf of the Board of Directors,
我代表董事会,
"Blaine Monaghan"
“布莱恩·莫纳汉”
Blaine Monaghan
President & CEO
Pacific Ridge Exploration Ltd.
布莱恩·莫纳汉
总裁兼首席执行官
太平洋岭勘探有限公司
Investor Relations:
Tel: (604) 687-4951
Email: ir@pacificridgeexploration.com
Website:
LinkedIn:
Twitter:
投资者关系:
电话:(604) 687-4951
电子邮件:ir@pacificridgeexploration.com
网站:
领英:
推特:
1
1
2 Sources include: Chuchi project historical drilling database; also reported in BC Geological Survey (Branch) Assessment Reports 20018 (CH-89-7, CH-89-8), 21113 (CH-90-23, CH-90-27, CH-90-30, CH-90-33, CH-90-36, CH-90-37), unpublished Placer Dome Inc. database (CH-91-40, CH-91-42), 39061 (CH-19-003).
2 来源包括:楚奇项目历史钻探数据库;也在《不列颠哥伦比亚省地质调查局(分支机构)评估报告》20018年(CH-89-7、CH-89-8)、21113(CH-90-23、CH-90-27、CH-90-30、CH-90-33、CH-90-36、CH-90-37)、未发布的Placer Dome Inc.数据库(CH-91-40 CH-91-42,)、39061(CH-19-003)中进行了报道。
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。
The technical information contained within this News Release has been reviewed and approved by Danette Schwab, P.Geo., Vice President Exploration, and a Qualified Person as defined by National Instrument 43-101 policy.
本新闻稿中包含的技术信息已由Danette Schwab、P.Geo.、勘探副总裁和National Instrument 43-101政策规定的合格人员的审查和批准。
Forward-Looking Information: This release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, which address exploration drilling and other activities and events or developments that Pacific Ridge Exploration Ltd. ("Pacific Ridge") expects to occur, are forward-looking statements. Forward looking statements in this news release include drilling for discovery at Chuchi and sharing those rewards with shareholders in the very near future. Although Pacific Ridge believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those forward-looking statements. Factors that could cause actual results to differ materially from those in forward looking statements include market prices, exploration successes, and continued availability of capital and financing and general economic, market or business conditions. These statements are based on a number of assumptions including, among other things, assumptions regarding general business and economic conditions, that one of the options will be exercised, the ability of Pacific Ridge and other parties to satisfy stock exchange and other regulatory requirements in a timely manner, the availability of financing for Pacific Ridge's proposed programs on reasonable terms, and the ability of third party service providers to deliver services in a timely manner. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Pacific Ridge does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law.
前瞻性信息: 本新闻稿包括某些可能被视为 “前瞻性陈述” 的陈述。除历史事实陈述外,本新闻稿中的所有陈述均为前瞻性陈述,这些陈述涉及太平洋岭勘探有限公司(“太平洋山脊”)预计将发生的勘探钻探和其他活动和事件或发展。本新闻稿中的前瞻性声明包括在Chuchi进行钻探以进行勘探,以及在不久的将来与股东分享这些回报。尽管Pacific Ridge认为此类前瞻性陈述中表达的预期是基于合理的假设,但此类陈述并不能保证未来的业绩,实际业绩或发展可能与这些前瞻性陈述存在重大差异。可能导致实际结果与前瞻性陈述存在重大差异的因素包括市场价格、勘探成功率、资本和融资的持续可用性以及总体经济、市场或商业状况。这些陈述基于许多假设,除其他外,包括有关总体商业和经济状况的假设、其中一项期权将被行使、太平洋岭和其他各方及时满足证券交易所和其他监管要求的能力、以合理条件为Pacific Ridge的拟议计划提供资金以及第三方服务提供商及时提供服务的能力。投资者请注意,任何此类陈述都不能保证未来的表现,实际业绩或发展可能与前瞻性陈述中的预测存在重大差异。除非适用法律要求,否则Pacific Ridge不承担任何更新或修改其前瞻性陈述的义务,无论是由于新信息、未来事件还是其他原因。