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Waraba Gold Limited Announces Commencement of Drilling Campaign at the Fokolore Gold Project, West Mali, West Africa

Waraba Gold Limited Announces Commencement of Drilling Campaign at the Fokolore Gold Project, West Mali, West Africa

Waraba Gold Limited宣布在西非西马里的Fokolore黄金项目开始钻探活动
newsfile ·  05/23 19:30

Vancouver, British Columbia--(Newsfile Corp. - May 23, 2024) - Waraba Gold Limited (CSE: WBGD) (FSE: ZE0) (OTC Pink: WARAF) (the "Company" or "Waraba") is pleased to announce the commencement of a new drilling campaign over the past few days at its Fokolore Gold Project in West Mali, West Africa (also known as the Maligonga East Gold Project) and as further detailed in the Company's news release dated November 30, 2022.

不列颠哥伦比亚省温哥华--(Newsfile Corp.,2024年5月23日)——Waraba Gold Limited(CSE:WBGD)(FSE:ZE0)(场外交易股票代码:WARAF)(“公司” 或 “Waraba”)欣然宣布,其位于西非西马里的Fokolore黄金项目(也称为Maligonga East黄金项目)在过去几天开始了新的钻探活动详见公司2022年11月30日的新闻稿。

This drilling campaign - "Phase 1" of a planned three-phase drilling program - has been designed by Waraba's Chief Geologist, Mr. Mamadou Coulibaly, to extend the strike length of historic high-grade gold mineralization identified by RC drilling (including 8m@8.99g/t Au and 15m@5.06g/t Au) and rock chip sampling (including 95g/t, 3.5g/t, 3.84g/t, 1.18g/t, 1.23g/t and 1.37g/t Au) by 2.3km to 3.5km.

该钻探活动——计划中的三阶段钻探计划的 “第一阶段” ——由 Waraba 的首席地质学家 Mamadou Coulibaly 先生设计,旨在延长 RC 钻探(包括 8m @8 .99g/t Au 和 15m @5 .06g/t Au)和岩屑采样(包括 95g/t、3.84g/t、1.18g/t)确定的历史高品位金矿化的走向长度,1.23g/t 和 1.37g/t Au)行驶 2.3 千米至 3.5 千米。

During this "Phase 1" drilling program, the Company will carry out 76 priority reverse circulation drill holes (RC) averaging 120 meters in depth and 2,350 meters of rotary air blast drilling (RAB).

在这个 “第一阶段” 钻探计划中,该公司将进行76个平均深度为120米的优先反循环钻孔(RC)和2350米的旋转喷气钻探(RAB)。

Depending on the results of the previous phase of the drilling:

视钻探前一阶段的结果而定:

  • "Phase 2" drilling program will consist of 20,000m of reverse circulation drilling and 2,000m of diamond core drilling to provide initial estimates of the mineralization contained within the main areas of interest on the tenement; and
  • “第二阶段” 钻探计划将包括20,000米的反循环钻探和2,000米的金刚石岩心钻探,以提供对矿权主要兴趣区域内矿化的初步估计;以及
  • "Phase 3" will consist of regional drilling to increase confidence of in situ anomalies and identify additional target zones of gold mineralization that may warrant further drilling.
  • “第三阶段” 将包括区域钻探,以提高对现场异常的信心,并确定可能需要进一步钻探的其他金矿化目标区域。

Phase 1 drilling is expected to be completed within four to six weeks and results will be announced as they become available in the coming weeks.

第一阶段的钻探预计将在四到六周内完成,结果将在未来几周内公布。

Recent images of the drilling activities are shown below, as further background for shareholders.

最近的钻探活动图片如下所示,为股东提供了进一步的背景信息。


Image 1


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Carl Esprey, Chief Executive Officer of Waraba, said:

Waraba 首席执行官 Carl Esprey 表示:

"Commencements of this drilling program is a fantastic step for Waraba and is vital in our efforts to now rapidly advance the project and develop a full understanding of our Fokolore project. We look forward to providing shareholders with further information as the drilling program progresses and results are obtained."

“这项钻探计划的启动对Waraba来说是一个了不起的一步,对于我们努力迅速推进该项目并全面了解我们的Fokolore项目至关重要。随着钻探计划的进展和结果的获得,我们期待为股东提供更多信息。”

Qualified Person:

合格人员:

The scientific and technical information contained in this press release has been reviewed and approved by Serigne Dieng, Ph.D., M.Sc., a Member (MAIG, # 8095) of the Australian Institute of Geoscientists (AIG), independent geology consultant to the Company and a qualified person within the meaning of National Instrument 43-101 - Standards of Disclosure for Mineral Projects ("NI 43-101").

本新闻稿中包含的科学和技术信息已由澳大利亚地球科学家协会(AIG)成员(MAIG,#8095)、公司独立地质顾问和国家仪器43-101——矿业项目披露标准(“NI 43-101”)所指的合格人员Serigne Dieng博士和硕士进行了审查和批准。

About Waraba Gold Limited

关于瓦拉巴黄金有限公司

The Company is a resource exploration company that is acquiring and exploring mineral properties. The Company is a reporting issuer in the provinces of British Columbia and Alberta. The Company's common shares trade on the Canadian Securities Exchange under the trading symbol "WBGD" and on the Frankfurt Stock Exchange under the trading symbol "ZE0".

该公司是一家资源勘探公司,正在收购和勘探矿产。该公司是不列颠哥伦比亚省和艾伯塔省的申报发行人。该公司的普通股在加拿大证券交易所交易,交易代码为 “WBGD”,在法兰克福证券交易所上市,交易代码为 “ZE0”。

For more information about the Company, please refer to the Company's profile available on SEDAR+ ().

有关公司的更多信息,请参阅SEDAR+ () 上提供的公司简介。

On Behalf of the Board of Directors

代表董事会

Carl Esprey
Chief Executive Officer, Chief Financial Officer, and Director
Telephone: +1 312 235 2605
Email: cesprey@warabagold.com

卡尔·埃斯普雷
首席执行官、首席财务官兼董事
电话:+1 312 235 2605
电子邮件:cesprey@warabagold.com

Forward-Looking Information and Cautionary Statements

前瞻性信息和警示声明

Certain information in this news release constitutes forward-looking statements under applicable securities laws. Any statements that are contained in this news release that are not statements of historical fact may be deemed to be forward-looking statements. Forward-looking statements are often identified by terms such as "may", "should", "anticipate", "expect", "potential", "believe", "intend" or the negative of these terms and similar expressions. Forward-looking statements in this news release include statements relating to: the Company's plans and scope with respect to its drilling campaign, including, details of the Phase 1, Phase 2, and Phase 3, and the stated timelines thereof; the Company's continued exploratory work of the Fokolore project; and the Company's anticipation of providing its shareholders with further updates.

根据适用的证券法,本新闻稿中的某些信息构成前瞻性陈述。本新闻稿中包含的任何非历史事实陈述的陈述均可被视为前瞻性陈述。前瞻性陈述通常由这些术语和类似表述中的 “可能”、“应该”、“预期”、“潜在”、“相信”、“打算” 或否定词等术语来识别。本新闻稿中的前瞻性陈述包括与以下内容有关的陈述:公司钻探活动的计划和范围,包括第一阶段、第二阶段和第三阶段的详细信息及其既定时间表;公司对Fokolore项目的持续勘探工作;以及公司向其股东提供进一步最新情况的预期。

Forward-looking information in this press release are based on certain assumptions and expected future events, namely: the Company's ability to carry out its plans with respect to its drilling campaign under the stated scope and timelines; the Company's ability to continue its exploratory work of the Fokolore project; and the Company's ability to provide its shareholders with further updates.

本新闻稿中的前瞻性信息基于某些假设和预期的未来事件,即:公司在规定的范围和时间表内执行钻探计划的能力;公司继续进行Fokolore项目勘探工作的能力;以及公司向股东提供进一步更新的能力。

These statements involve known and unknown risks, uncertainties and other factors, which may cause actual results, performance or achievements to differ materially from those expressed or implied by such statements, including but not limited to: the Company's inability to carry out its plans with respect to its drilling campaign under the stated scope and timelines; the Company's inability to continued its exploratory work of the Fokolore project; and the Company's inability to provide its shareholders with further updates.

这些陈述涉及已知和未知的风险、不确定性和其他因素,可能导致实际结果、业绩或成就与此类声明所表达或暗示的结果存在重大差异,包括但不限于:公司无法在规定的范围和时间表内执行其钻探计划;公司无法继续进行Fokolore项目的勘探工作;以及公司无法向其股东提供进一步的最新情况。

Readers are cautioned that the foregoing list is not exhaustive. Readers are further cautioned not to place undue reliance on forward-looking statements, as there can be no assurance that the plans, intentions, or expectations upon which they are placed will occur. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated.

请读者注意,上述清单并不详尽。还提醒读者不要过分依赖前瞻性陈述,因为无法保证这些陈述所依据的计划、意图或预期会发生。尽管管理层在编制时认为此类信息是合理的,但可能被证明是不正确的,实际结果可能与预期的结果存在重大差异。

Forward-looking statements contained in this press release are expressly qualified by this cautionary statement and reflect the Company's expectations as of the date hereof and are subject to change thereafter. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, estimates or opinions, future events or results or otherwise or to explain any material difference between subsequent actual events and such forward- looking information, except as required by applicable law.

本新闻稿中包含的前瞻性陈述受本警示声明的明确限制,反映了公司截至本文发布之日的预期,此后可能会发生变化。除非适用法律要求,否则公司没有义务更新或修改任何前瞻性陈述,无论是由于新信息、估计或观点、未来事件或业绩还是其他原因,也没有义务解释随后的实际事件与此类前瞻性信息之间的任何重大差异。

声明:本内容仅用作提供资讯及教育之目的,不构成对任何特定投资或投资策略的推荐或认可。 更多信息
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