Onyx Gold Announces Acquisition of Strategic WEAS Property in the Yukon
Onyx Gold Announces Acquisition of Strategic WEAS Property in the Yukon
Vancouver, British Columbia--(Newsfile Corp. - May 9, 2024) - Onyx Gold Corp. (TSXV: ONYX) (OTCQX: ONXGF) ("Onyx Gold" or the "Company") is pleased to announce that it has entered into an option agreement (the "Agreement") with Senoa Gold Corp. (the "Optionor") and a wholly-owned subsidiary of the Company (the "Optionee") to acquire the WEAS property (the "Property"), which consists of claims that are contiguous to the Company's King Tut property, in Yukon's Tombstone Gold Belt.
不列颠哥伦比亚省温哥华--(Newsfile Corp.-2024 年 5 月 9 日)- Onyx Gold Corp.(多伦多证券交易所股票代码:ONYX)(场外交易所股票代码:ONXGF) (”玛瑙金“或者”公司“)很高兴地宣布它已经签订了期权协议(”协议“) 与 Senoa Gold Corp.(”期权或者“)和公司的全资子公司(”期权人“) 收购 WEAS 财产(”财产“),其中包括与该公司位于育空地区墓碑金带的King Tut财产相邻的索赔。
Highlights of the Property and the Agreement:
该物业和协议的亮点:
- The 627-hectare ("ha") land package comprising the Property is located within the King Tut Property (Figure 1). This strategic acquisition consolidates the King Tut Property and provides the Company full control of the two mineralized intrusions on the King Tut Property, the WEAS intrusion and the Golden Mask intrusion located 9 km to the west (Figure 2).
- 627 公顷的土地(”哈“) 包含该物业的一揽子土地位于国王图特地产内 (图 1)。此次战略收购整合了King Tut地产,使公司能够完全控制对King Tut地产的两次矿化入侵,即WEAS入侵和位于西部9公里处的金面具入侵(图 2)。
- The Property covers a prospective reduced intrusion-related gold target. Historical work completed by previous operators reported multigenerational gold-bearing sheeted quartz veins within an exposed, 3 km by 2 km granitic intrusion (Plate 1) (See Yukon Occurrence Number 105O 056). Drilling in 1996 (five holes totaling 1,280 m) intersected 1.0 grams per tonne ("g/t") gold ("Au") over 21 meters ("m") (true width unknown) associated with the sheeted quartz veins, along with surface grab samples of up to 20.1 g/t Au (Figures 2 and 3).
- 该物业涵盖了潜在的减少入侵相关黄金目标。以前的运营商完成的历史工作报告说,在暴露的 3 千米 x 2 千米的花岗岩侵入体内存在多代含金的石英矿脉(盘子 (1) (参见育空地区发生编号 105O 056)。1996 年的钻探(五个钻孔总长 1,280 米)相交 每吨 1.0 克 (”g/t“) 黄金 (”Au“) 结束了 21 米 (”m“)(真实宽度未知)与片状石英脉有关,表面采集样本最多可达 20.1 克/吨金 (图 2 和图 3)。
- There has been limited work done on the Property and no significant exploration since the mid-1990s. The Company is planning an early summer work program consisting of field mapping, prospecting, and channel sampling to prioritize potential drill targets within areas of exposed gold-bearing sheeted quartz veins. This program will inform a potential drilling program later in the summer.
- 自1990年代中期以来,该物业的工作有限,也没有进行任何重大勘探。该公司正在计划一项初夏的工作计划,包括实地测绘、勘探和河道采样,以优先考虑裸露的含金片状石英脉区域内的潜在钻探目标。该计划将在夏季晚些时候为潜在的钻探计划提供信息。
- Under the terms of the Agreement, the Company can acquire 100% of the WEAS Property by providing the Optionor a total of 3,000,000 common shares of Onyx, consisting of 500,000 shares on closing, 500,000 shares on the first anniversary, 500,000 shares on the second anniversary, and 1,500,000 shares on the third anniversary.
- 根据协议条款,公司可以通过向期权人提供总计300万股Onyx普通股来收购WEAS财产的100%,其中包括收盘时的50万股,一周年的50万股,两周年的50万股,三周年的150万股。
"This agreement underscores our commitment to consolidating our position and unlocking the full potential of our assets in this emerging new mining camp," said Brock Colterjohn, President & CEO. "The Property presents a compelling opportunity with historical data indicating significant gold potential associated with exposed, multigenerational sheeted quartz veins within a granitic intrusion. Our upcoming field program aims to further delineate targets for exploration, marking an exciting step towards our goal of unlocking a new gold discovery in the prolific Tombstone Gold Belt."
总裁兼首席执行官Brock Colterjohn表示:“该协议凸显了我们对巩固我们在这个新兴采矿营地中的地位并释放资产的全部潜力的承诺。”“该地产提供了一个引人入胜的机会,历史数据表明,花岗岩侵入体中暴露的多代片状石英矿脉具有巨大的金矿潜力。我们即将推出的实地项目旨在进一步划定勘探目标,这标志着我们朝着在多产的墓碑金带开启新金矿发现的目标迈出了激动人心的一步。”
To hear more on this news from Brock Colterjohn, please see the video here:
要详细了解布罗克·科尔特约翰的这一消息,请在此处观看视频:
Details of the Property:
该物业的详细信息:
The 30-claim (627 ha) Property lies internal to the Onyx's King Tut Property and covers an intrusion target situated between the Golden Mask and Main Tut targets (Figure 2). Historical work completed by previous operators reported multigenerational gold-bearing sheeted quartz veins within an exposed, 3 km by 2 km intrusion (Plate 1) (See Yukon Occurrence Number 105O 056 and Yukon Geological Survey's 1996 Yukon Exploration and Geology (YEG) annual report.). Drilling in 1996 (five holes totaling 1,280 m) at the Ann Mark Zone (Figure 3) intersected 1.0 g/t Au over 21 m (true width unknown) associated with the sheeted veins with quartz-arsenopyrite-bismuthinite, along with surface samples of up to 20.1 g/t Au and chip channel samples of quartz veins in sericite-altered diorite reported 15.3 g/t Au over 3.0 meters.
这座占地 30 英亩(627 公顷)的房产位于 Onyx 的 King Tut 地产内部,覆盖了位于 Golden Mask 和 Main Tut 目标之间的入侵目标(图 2)。以前的运营商完成的历史工作报告说,在暴露的 3 千米 x 2 千米的侵入物内存在多代含金的石英矿脉(盘子 (1) (参见育空地区发生编号 105O 056 和 育空地质调查局1996年育空地区勘探与地质学(YEG)年度报告。)。 1996 年在 Ann Mark 区钻探(五个洞,总长 1,280 米)(图 3) 相交 1.0 克/吨 Au 结束了 21 米 (真实宽度未知)与石英-亚硫铁矿-铋矿的薄片静脉有关,表面样本最多为 20.1 克/吨金 并报告了蚕丝改性闪长岩中石英脉的芯片通道样本 3.0 米以上 15.3 g/t Au。
The Company cautions that none of the historical results from the Property, including drill results, have been verified. Assay methods and sampling techniques are not disclosed in the historical reports, and in the case of drilling on the WEAS target, the Company has only been able to locate indirect references to the results, but no primary source. Historical results discussed herein are presented more generally as an indication of the potential of the Property to host reduced intrusion-related gold systems.
该公司警告说,该物业的历史结果,包括钻探结果,均未得到证实。历史报告中没有披露化验方法和采样技术,就WEAS目标钻探而言,该公司只能找到与结果有关的间接参考资料,但没有找到主要来源。本文讨论的历史结果更为笼统,以表明该物业有可能拥有减少与入侵相关的黄金系统。
Details of the Transaction:
交易详情:
The Company, through the Optionee, has the option to acquire 100% of the Property from the Optionor (the "Option") by issuing 3,000,000 Shares as follows:
公司可以通过期权持有人选择从期权人手中收购100%的财产(”选项“)通过以下方式发行3,000,000股股票:
- 500,000 shares upon the Effective Date (as defined below);
- 500,000 shares on the 1st anniversary of the Effective Date;
- 500,000 shares on the 2nd anniversary of the Effective Date; and
- 1,500,000 shares on the 3rd anniversary of the Effective Date.
- 生效日为500,000股(定义见下文);
- 1 股上有 500,000 股st 生效日期周年纪念日;
- 2 股上有 500,000 股和 生效日期周年纪念日;以及
- 3股共有1,500,000股第三方 生效日期周年纪念日。
Under the terms of the Agreement, upon the exercise of the Option, the Optionee will enter into an agreement granting a 1% NSR royalty on the Property to the Optionor.
根据协议条款,在行使期权后,期权持有人将签订一项协议,向期权人授予该财产的1%的NSR特许权使用费。
The Property is subject to an underlying obligation to a third party consisting of a 1.0% NSR and bonus payment of $1,000,000 (the "Bonus Payment"), payable by the Optionee if a measured or indicated mineral resource of greater than 1 million ounces of gold is disclosed in compliance with National Instrument 43-101 - Standards of Disclosure for Mineral Projects on the Property.
该物业受第三方的基本义务约束,包括1.0%的净资产收益和1,000,000美元的奖金(”奖金支付“),如果根据国家仪器43-101披露的测定或指示的矿产资源超过100万盎司的黄金,则由期权持有人支付- 矿产项目披露标准 在物业上。
The Agreement is subject to the approval of the TSX Venture Exchange (the "TSXV"). The Agreement will be effective three business days following approval of the TSXV (the "Effective Date").
该协议须经多伦多证券交易所风险投资交易所的批准(”TSXV“)。该协议将在多伦多证券交易所批准后的三个工作日内生效(”生效日期“)。
2023 Program Summary and 2024 Planning
2023 年计划摘要和 2024 年规划
The 2023 Yukon exploration program by the Company focused on Phase 1 drill testing of the promising Main Tut and Golden Mask gold-in-soil anomalies, which are associated with two separate intrusion-related gold systems, and the execution of property-wide geophysical surveys, geochemical surveys, and mapping and prospecting programs to refine drill targets and identify prospective area for future exploration.
该公司2023年育空地区勘探计划的重点是对有前景的Main Tut和Golden Mask土中金异常进行第一阶段的钻探测试,这些异常与两个独立的入侵相关的金系统有关,并执行全地域的地球物理调查、地球化学调查以及测绘和勘探计划,以完善钻探目标并确定未来勘探的潜在区域。
Results from the inaugural nine-hole 2,123-meter drill program confirmed widespread gold mineralization across the Main Tut and Golden Mask anomalies, including 0.30 g/t Au over 32.50 m in drill hole KT23-005, validating the existence of potential bulk-tonnage reduced intrusion-related gold systems ("RIRGS") on the Property (See Company New Release dated November 15, 2023). In addition, new airborne magnetic surveying and soil sampling have also significantly expanded the size of the mapped intrusions at both targets.
首次九孔 2,123 米钻探计划的结果证实,Main Tut 和 Golden Mask 异常区域存在广泛的金矿化现象,包括 KT23-005 钻孔中超过 32.50 m 的 0.30 g/t Au,这证实了潜在的散装吨位减少入侵相关金系统的存在(”钻机“) 在财产上 (参见 2023 年 11 月 15 日发布的公司新闻稿)。此外,新的机载磁测和土壤采样也显著扩大了绘制的两个目标入侵的规模。
The Company is currently developing its budget and an early summer exploration program for 2024. This program will consist of a reconnaissance exploration program on the newly acquired WEAS claims and follow-up fieldwork on the Golden Mask and Main Tut prospects based on last year's encouraging results. The results from this program will inform a potential drilling program later in the summer.
该公司目前正在制定2024年的预算和初夏勘探计划。该计划将包括对新收购的WEAS索赔进行侦察勘探计划,以及基于去年令人鼓舞的结果对金面具和Main Tut前景的后续实地考察。该计划的结果将为夏季晚些时候的潜在钻探计划提供信息。
Lock-up Terms of 5,000,000 Onyx Gold Shares to be Acquired by HighGold
HighGold 将收购 5,000,000 股 Onyx Gold 股票的封锁条款
Onyx was created as a result of the spin-out of Canadian assets from HighGold, whereby HighGold received five million common shares of Onyx. The Company is pleased to announce that HighGold has proposed to enter into a fifteen-month lock-up agreement (the "Lock-Up Agreement") in respect of the five million Onyx shares. Under the terms of the proposed Lock-Up Agreement, HighGold has agreed not to sell, swap or otherwise transfer any of its shares of the Company without the prior written consent of Onyx Gold, for a period of 24 months from the lock-up date, subject to automatic timed releases of 25% to be released 15 months from the lock-up date, and 25% to be released every 3 months thereafter. On May 2, 2024, HighGold announced its proposed acquisition by Contango ORE Inc. If the transaction is approved, Contango ORE would adopt the Lock-Up Agreement.
Onyx的创建是从HighGold分拆加拿大资产的结果,HighGold通过该分拆获得了Onyx的500万股普通股。该公司很高兴地宣布,HighGold已提议签订一项为期十五个月的封锁协议(”封锁协议“)就五百万股Onyx股票而言。根据拟议的封锁协议的条款,HighGold已同意在未经Onyx Gold事先书面同意的情况下不出售、交换或以其他方式转让其公司的任何股份,自封锁之日起24个月内自动定时释放,25%将在锁定之日起的15个月内自动定时释放,此后每3个月释放25%。2024年5月2日,HighGold宣布了对Contango ORE公司的收购提议。如果交易获得批准,Contango ORE将采用封锁协议。
Plate 1 - Multiple Generations of Sheeted Quartz Vein Systems on the Property (16" mattock for scale)
第 1 张图——该物业上有多代片状石英静脉系统(比例尺为 16 英寸)
Figure 1 - Regional Map - Yukon's Selwyn Basin
图 1-区域地图-育空地区的塞尔温盆地
Figure 2 - Property Map - King Tut and WEAS Properties - Surface Gold Geochemistry
图 2-地质图-King Tut 和 WEAS 属性-地表金地球化学
Note - Highlighted historical samples noted herein have not been verified by the Company, but they provide evidence for the general gold endowment of the claims. Grab samples are selective in nature and don't necessarily represent bulk tonnage grades
注——本文提及的重点历史样本未经公司核实,但它们为索赔的总体黄金储备提供了证据。采集样本质上是选择性的,不一定代表散装吨位等级
Figure 3 - Property Map - WEAS Property - Historical Surface and Drilling Results
图 3-地质图-WEAS 属性-历史地表和钻探结果
About the Yukon Gold Properties
关于育空黄金地产
Onyx Gold controls a portfolio of greenfield gold properties in eastern Yukon, totaling 227 square kilometers. The King Tut Property is Onyx Gold's most advanced and compelling property in the Yukon, located in the heart of an emerging reduced intrusive-related gold district in the Selwyn Basin. Previous fieldwork identified large-scale undrilled gold-in-soil anomalies in a comparable geological setting 50 km from the Rogue/Valley Discovery, one of Canada's most significant new gold discoveries.
Onyx Gold控制着育空地区东部的新建黄金地产投资组合,总面积为227平方公里。King Tut地产是Onyx Gold在育空地区最先进、最具吸引力的房产,位于塞尔温盆地新兴的低侵入性黄金区的中心地带。先前的实地考察发现,在距离加拿大最重要的新金矿发现之一 Rogue/Valley Discovery 50 公里的类似地质环境中,存在大规模未钻探的土壤中金异常。
About Onyx Gold
关于 Onyx Gold
Onyx Gold is an exploration company focused on well-established Canadian mining jurisdictions, with assets in Timmins, Ontario, and Yukon Territory. The Company's extensive portfolio of quality gold projects in the greater Timmins gold camp includes the Munro-Croesus Gold property, renowned for its high-grade mineralization, plus two additional earlier-stage large exploration properties, Golden Mile and Timmins South. Onyx Gold also controls four properties in the Selwyn Basin area of Yukon Territory, which is currently gaining significance due to recent discoveries in the area. Onyx Gold's experienced board and senior management team are committed to creating shareholder value through the discovery process, careful allocation of capital, and environmentally/socially responsible mineral exploration.
Onyx Gold是一家勘探公司,专注于成熟的加拿大矿业管辖区,资产位于蒂明斯、安大略省和育空地区。该公司在大蒂明斯金矿区拥有广泛的优质黄金项目组合,包括以高品位矿化而闻名的Munro-Croesus Gold地产,以及另外两个早期阶段的大型勘探地产,即黄金地带和蒂明斯南部。Onyx Gold还控制着育空地区塞尔温盆地地区的四处房产,由于该地区最近的发现,该地区目前的重要性越来越大。Onyx Gold经验丰富的董事会和高级管理团队致力于通过发现过程、谨慎分配资本和对环境/社会负责的矿产勘探来创造股东价值。
Qualified Person and Quality Assurance
合格人员和质量保证
Ian Cunningham-Dunlop, P.Eng., Executive Vice President for Onyx Gold Corp. and a qualified person ("QP") as defined by Canadian National Instrument 43-101, has reviewed and approved the technical information contained in this release.
Ian Cunningham-Dunlop,P.Eng.,Onyx Gold Corp. 执行副总裁,合格人士(”QP“) 根据加拿大国家仪器43-101的定义,已审查并批准了本新闻稿中包含的技术信息。
On Behalf of Onyx Gold Corp.
代表 Onyx Gold Corp.
"Brock Colterjohn"
“Brock Colterjohn“
President & CEO
总裁兼首席执行官
For further information, please visit the Onyx Gold Corp. website at or contact:
欲了解更多信息,请访问 Onyx Gold Corp. 网站或联系:
Brock Colterjohn, President & CEO
or
Nicole Hoeller, VP of Corporate Communications
Brock Colterjohn,总裁兼首席执行官
要么
Nicole Hoeller,企业传播副总裁
Phone: 1-604-629-1165 or North American toll-free 1-855-629-1165
Email: nicole@onyxgold.com or information@onyxgold.com.
Website:
LinkedIn:
Twitter:
电话: 1-604-629-1165 或北美免费电话 1-855-629-1165
电子邮件:nicole@onyxgold.com 或 information@onyxgold.com。
网站:
领英:
推特:
Neither TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.
多伦多证券交易所及其监管服务提供商(该术语在多伦多证券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。
Cautionary and Forward-Looking Statements
警示和前瞻性陈述
This news release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking statements relate to future events or future performance and reflect the expectations or beliefs of management of the Company regarding future events. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as "intends" or "anticipates", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "should", "would" or "occur". This information and these statements, referred to herein as "forward‐looking statements", are not historical facts, are made as of the date of this news release and include without limitation, statements regarding discussions of future plans, estimates and forecasts and statements as to management's expectations and intentions with respect to, among other things, the intention of the Company to proceed with the exercise of the Option under the Agreement on the terms and conditions set out therein, the Company's expectation to issue the Shares pursuant to the Agreement, the approval of the TSXV for the Agreement, the Company's future exploration plans, the possibility of the Bonus Payment becoming payable and the expected entering into of the Lock-Up Agreement.
本新闻稿包括某些陈述和信息,这些陈述和信息可能构成适用的加拿大证券法所指的前瞻性信息。前瞻性陈述与未来事件或未来业绩有关,反映了公司管理层对未来事件的期望或信念。通常,前瞻性陈述和信息可以通过使用诸如 “打算” 或 “预期” 之类的前瞻性术语来识别,或者某些行为、事件或结果 “可能”、“应该”、“将” 或 “发生” 的此类词语和短语的变体或陈述。这些信息和这些陈述(此处称为 “前瞻性陈述”)不是历史事实,是截至本新闻稿发布之日作出的,包括但不限于关于未来计划、估计和预测讨论的声明,以及关于管理层对公司打算根据协议中规定的条款和条件继续行使期权的预期和意图的陈述,以及公司的期望根据以下规定发行股份协议、多伦多证券交易所对该协议的批准、公司未来的勘探计划、支付奖金的可能性以及封锁协议的预期生效。
These forward‐looking statements involve numerous risks and uncertainties and actual results might differ materially from results suggested in any forward-looking statements. These risks and uncertainties include, among other things, the Company not receiving the necessary regulatory approvals in respect of the Agreement; changes in the Company's plan with respect to the exercise of the Option and the Company's exploration plans; that the obligation to make the Bonus Payment may be triggered; that the Lock-Up Agreement may not be entered into; recent market volatility; and the state of the financial markets for the Company's securities.
这些前瞻性陈述涉及许多风险和不确定性,实际结果可能与任何前瞻性陈述中建议的结果存在重大差异。除其他外,这些风险和不确定性包括:公司未获得与协议有关的必要监管批准;公司行使期权和公司勘探计划的计划发生变化;支付奖金的义务可能被触发;封锁协议可能无法签署;最近的市场波动;以及公司证券的金融市场状况。
In making the forward looking statements in this news release, the Company has applied several material assumptions, including without limitation, that the Company will receive the necessary regulatory approvals in respect of the Agreement, that the Company will be able to comply with the terms of the Agreement, including the issuance of the Shares, in order to exercise the Option, that the Company will have the necessary resources to carry out its exploration plans as anticipated, or at all, and that the Company will receive an executed Lock-Up Agreement from HighGold.
在本新闻稿中发表前瞻性陈述时,公司运用了几项重大假设,包括但不限于公司将获得与协议有关的必要监管批准,公司将能够遵守协议条款,包括发行股票,以行使期权,公司将拥有必要的资源来按预期或完全执行其勘探计划,而且公司将获得这些假设已执行的封锁协议HighGold。
Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial out-look that are incorporated by reference herein, except in accordance with applicable securities laws. We seek safe harbor.
尽管公司管理层试图确定可能导致实际业绩与前瞻性陈述或前瞻性信息中包含的业绩存在重大差异的重要因素,但可能还有其他因素导致业绩与预期、估计或预期不符。无法保证此类陈述会被证明是准确的,因为实际结果和未来事件可能与此类陈述中的预期存在重大差异。因此,读者不应过分依赖前瞻性陈述和前瞻性信息。提醒读者,依赖此类信息可能不适合用于其他目的。除非根据适用的证券法,否则公司不承诺更新此处以引用方式纳入的任何前瞻性陈述、前瞻性信息或财务展望。我们寻求安全港。