EuroPacific Announces Amendment to Partnership Agreement With BMP Holding and Indice Crucial Lda
EuroPacific Announces Amendment to Partnership Agreement With BMP Holding and Indice Crucial Lda
VANCOUVER, BC / ACCESSWIRE / June 6, 2024 / Europacific Metals Inc. (TSX-V:EUP)(OTCQB:AUCCF) (the "Company" or "EuroPacific") is pleased to announce an amendment to an earn-in and partnership agreement ("SPA") with BMP Holding ("BMP") and Indice Crucial Lda ("ICL"). The latter is the title holder of the Barrancos Copper-Gold project along with two new Gold properties under application.
温哥华,BC / ACCESSWIRE / 2024年6月6日 / 欧能金属股份有限公司(TSX-V:EUP)(OTCQB:AUCCF)(以下简称“公司”或“欧洲太平洋”)很高兴宣布,与BMP Holding(以下简称“BMP”)和Indice Crucial Lda(以下简称“ICL”)的赚取协议和合作协议(“SPA”)已修订。后者是Barrancos铜金项目的持有人,还拥有在葡萄牙境内两个申请中的新黄金物业。
The Barrancos prospect area is located in south central Portugal, approximately 240 km by road east of Lisbon, and covers an area of 54 km2 with the license valid until June 2025. EuroPacific ("EUP") in June 2021, entered into an agreement with Indice Crucial Lda to acquire a 100% interest in the Barrancos copper-gold project, comprised of the Aparis Copper mine and the Lirio gold project. It also includes two advanced exploration applications for the Bigorne and Vilariça copper-gold projects in the north of Portugal.
巴兰科斯前景区位于葡萄牙中南部,距离里斯本以东约240公路路程,占地面积54平方公里,许可证有效期至2025年6月。欧太平洋(“EUP”)于2021年6月与Indice Crucial Lda签订了协议,以收购Barrancos铜金项目100%的权益,该项目由Aparis铜矿和Lirio金矿项目组成。它还包括北部葡萄牙的Bigorne和Vilariça铜金项目的两个先进勘探申请。
TERMS OF THE AGREEMENT
协议条款
The initial SPA dated 22 June 2021 stipulated that the sale of ICL shares would take place in three stages: (i) in the first stage, BMP would transfer to EuroPacific 20% of the issued and outstanding ICL shares (the "First Stage Shares"), (ii) in the second stage, BMP would transfer to EuroPacific an additional 30% of the issued and outstanding ICL shares (the "Second Phase Shares"), and (iii) in the third stage, BMP would transfer to EuroPacific an additional 35% of the issued and outstanding ICL shares (the "Third Phase Shares"). EuroPacific would also benefit from a call option on the remaining 15% of ICL shares. EUP had already earned in 20% on ICL by paying €100,000 to BMP and issued 100,000 EUP Shares to BMP in accordance with the terms of the first stage of the agreement. Please see the table below.
最初的SPA于2021年6月22日规定,ICL股票的销售将分三个阶段进行:(i)在第一阶段,BMP将向欧太平洋转让已发行的和流通的ICL股份的20%(“第一阶段股份”),(ii)在第二阶段,BMP将向欧太平洋转让已发行的和流通的ICL股份的另外30%(“第二阶段股份”),以及(iii)在第三阶段,BMP将向欧太平洋转让已发行的和流通的ICL股份的另外35%(“第三阶段股份”)。欧太平洋还从ICL余下的15%股份中获得了看涨期权。根据协议第一阶段的条款,EUP已通过向BMP支付100,000欧元并向BMP发行100,000股EUP股票,已经获得了ICL的20%权益。请参阅下表。
This new amendment now signed replaces the second and third stages of the original agreement by significantly better terms as follows:
这项新的修订现在代替了原协议的第二和第三阶段,并以以下明显更好的条款为代价:
i. | the payment to BMP of €15,000 in cash, 500,000 ordinary shares and 500,000 warrants at 7.5 cents over five years to get to 60% participation on ICL and another cash transfer of €15,000 in the next three months, to get to 80%. | |
ii. | The remaining 20% to get to 100% on ICL can be acquired, within five years of receiving a mining license, by paying BMP the amount of €800,000 (half paid on cash and the other half on EUP shares). |
i. | 支付给BMP的现金15,000欧元,普通股500,000股和7.5分锡的500,000份认股权,在五年内达到60%的ICL的参股,并在接下来的三个月内进行另一笔现金转账15,000欧元,达到80%。将获得ICL的剩余20%的权益,收到采矿许可证的五年内,支付给BMP 800,000欧元的金额(一半以现金支付,另一半以EUP股票支付)。 | |
二。 | “我们很高兴能够重新制定与BMP和Indice Crucial的合作协议。新的条款大大减少了总现金支出,使我们能够立即扩大我们的黄金资源勘探。”首席执行官Karim Rayani表示。 |
"We are pleased to have been able to rework our partnership agreement with BMP and Indice Crucial. The new terms reduce overall cash expenditures by a significant margin further allowing us to expand exploration immediately on our Gold Portfolio. Chief Executive Officer, Karim Rayani stated.
关于Barrancos项目
ABOUT THE BARRANCOS PROJECT
Barrancos地区是Ossa Morena带的一部分,是伊比利亚半岛最大且最古老的地理动力学单元之一。Barrancos地层沿着NW趋势延伸400千米,并由Ordovician到Devonian的变质沉积岩组成。阿帕里斯矿井位于Devonian turbidites中,是一个结构受控的铜矿床。Lirio前景和其他出现和矿山位于Silurian变质岩中,与置换脉和角砾岩带有关,后者被认为与后酸性次火山事件有关,似乎是该铜金系统的驱动机制。
The Barrancos region is part of the Ossa Morena zone, one of the largest geodynamic and oldest units of the Hesperian massive of the Iberian Peninsula. The Barrancos sequence extends on 400 km along a NW trend and is composed of metasedimentary rocks from the Ordovician through to Devonian. The Aparis mine is hosted in Devonian turbidites and is a structurally controlled copper deposit. The Lirio prospect and other occurrences and mines lie in Silurian metasediments associated with replacements veinlets and breccia zones, the latter thought to be related with a post acid subvolcanic event that seems to be the driving mechanism of this the copper-gold system.
Barrancos项目-地质和主要目标区域
Lirio Gold-Copper Prospect
Lirio项目虽然与Aparis铜矿项目毗邻,但属于独立的金矿体系。它位于老Cu矿山附近,如Merces,Malhada das Vacas和Minancos等。之前的工作包括钻探、详细的地表采样和区域的一般地质调查,确定了一个可能很广泛的有前景的金矿体系。岩石采样返回高异常的金结果,最高可达128克/吨Au。
The Lirio project, although located close to the Aparis copper mine, is in a separate gold system. It is situated near old Cu mines such as Merces, Malhada das Vacas and Minancos. Previous work which included drilling, detailed surface sampling and general geology of the area identified a prospective gold system that could be extensive. Rock sampling returned highly anomalous gold results up to a maximum of 128 g/t Au.
2006年有限的钻探发现一种火山角砾岩,被认为是Cu-Au热液系统的驱动机制。主要的矿化区出现在一个浅部倾斜的穿山甲脉系上,被一条次竖向NE-SW趋势的剪切带穿过。这两种构造都承载有含砷黄铁矿-黄铜矿矿化及其相关的金和高品位铜层。
Limited drilling conducted in 2006 identified a volcanic breccia that is thought to be the driving mechanism of the Cu-Au hydrothermal system. The main mineralized zones occur on a shallow-dipping sheeted vein system intersected by a sub-vertical, NE-SW trending, shear zone. Both structures host arsenopyrite-chalcopyrite mineralization with associated gold and high-grade copper sections.
2006年Rio Narcea Gold Mines和Kernow Resources之间的合资企业在Lirio前景进行的三孔-193米钻探截获了历史截距,包括5.52米,平均为6.56克/吨Au和0.63%Cu,其中包括2.03米,平均为17.82克/吨Au和1.6%铜(KBL-01孔)。
Historical intercepts from a 3 hole-193m drilling campaign undertaken in the Lirio prospect in 2006 by a JV between Rio Narcea Gold Mines and Kernow Resources include 5.52 meters grading 6.56 g/t Au and 0.63% Cu, comprising 2.03m grading 17.82 g/t Gold and 1.6% Copper (hole KBL-01).
Lirio-钻探位置和旧地下工程
Scout hole GBA2201 drilled in 2022 by EuroPacific has confirmed previous results and shows significant mineralization with a shallow drilling intercept of 3 m grading 3.56 g/t Au from 17m, 1m grading 1.17 g/t Au from 64.5m and 2m grading 3.45 g/t Au from 128.5m. Follow-up drilling is planned for the next drilling season.
钻探截面的亮点如表所示。
Highlights of drill intercepts are depicted in the table below:
下表列出了钻探截距的亮点:
Aparis Copper Mine
Aparis铜矿
The Aparis mine was an underground copper mine which operated intermittently from 1889 to 1975. It is located approximately 10 km to the southwest of the Lirio gold prospect. The mine operated to a maximum depth of 210 meters and government records indicate production figures of 8,100 tonnes of concentrate with a grade of between 23% and 35% Cu between the period 1961 to 1975. The mine consisted of a small-scale operation focused almost exclusively on one narrow (<1m thick) high-grade copper vein which frequently attains grades of > 10% Cu over these widths.
Aparis矿山是一座地下铜矿,由1889年至1975年间间歇性开采。它位于Lirio金矿前景的西南约10公里处。该矿场最大深度为210米,政府记录显示,1961年至1975年期间产生了8,100吨浓缩铜精矿,品位在23%至35%Cu之间。该矿场几乎全部集中在一条狭窄的(
The Aparis copper mine is hosted by Devonian turbidites of the Terena Formation. The mining works extend on at least 2.5 km along strike down to a maximum depth of 210m. The deepest mine levels are in the southern section of the mine.
Aparis铜矿位于Terena地层的Devonian浊积岩中。采矿工程沿着至少2.5公里的走向延伸,最大深度为210米。最深的矿井层位于矿山的南部区域。
EuroPacific drilled the vein system from November 2021 to February 2022 with a total of 3 holes (824m in total) to investigate in detail the grades, nature, and potential mining widths. The full thickness (up to 10m) of the mineralized zone was never fully tested previously to EuroPacific.
EuroPacific在2021年11月至2022年2月期间钻探了该脉系统,共钻探3个孔(总长824米),以详细调查矿石品位、性质和潜在开采宽度。矿化带的整个厚度(高达10米)之前从未得到完全测试,直到EuroPacific进行了测试。
Hole GBA2101 drilled the mineralized system and intersected two parallel vein swarms with average grades of 0.21% Cu over 5.5 m from 295m and 0.31% Cu over 3m from 318.5m. The same hole intersected a totally new mineralized auriferous zone with sulphide veinlets, grading 5.87 g/t Au over 2 m from 46.05m.
GBA2101孔钻探了矿化系统并穿过两个平行的脉簇,在295米处的5.5米和318.5米处的0.31%Cu的平均品位下交错。同一孔还穿过一条全新的含矿硫化物脉带,品位为5.87g/t Au,来自46.05米处的2米。
Hole GBA2102 intersected a broad zone with mining works that have not been identified previously. The existing data from old records pointed out to high grades in this zone which was probably mined out.
GBA2102孔穿过了大面积的采矿工程,而这些工程以前还未被确定。旧记录中的现有数据指出了该区域的高品位矿化,这很可能已经被挖掘殆尽。
GBA2103 has successfully confirmed the potential of the main copper zone which includes a broad mineralized interval of 12.2m grading 1.18 % Cu and a high-grade section of 2m averaging 5.5 % Cu. The old workings were focused only on thin high-grade sections (>3% Cu typically) leaving behind a large part of the mineralized material.
GBA2103已成功确认了主要铜区的潜力,其中包括12.2米的宽矿化区间,品位为1.18%Cu和2米的高品位区段,平均值为5.5%Cu。旧的采矿工程仅集中在薄的高品位区段(通常>3%Cu),留下了大部分矿化材料。
Highlights of the mineralized intercepts are depicted in the table below:
矿区钻孔拦截的重要结果如下表所示:
UPCOMING PLANS AND EXPLORATION PROGRAMS
即将到来的计划和勘探项目
Lírio Project
Lírio项目
Expansion of the soil geochemistry grid in the Lirio prospect has been completed by EuroPacific during the Q1 2024 and was planned to better delineate the strong gold-in-soils anomaly which was only partially covered. This new data confirmed the extensions of the existing gold anomaly that continues well beyond the main zones of the mine works of Lirio both laterally and along strike. This has been used to assist on the design of a 4 hole-500m follow-up drilling campaign planned for June-July 2024. Additional drilling conditioned to the results obtained is planned for 2025 prior to a decision to apply for a mining concession.
EuroPacific在2024年第1季度扩展了Lirio展望地区的土壤地球化学网络,并计划更好地勾勒出部分覆盖仅局部的强金土异常。这些新数据证实了现有金异常的扩展,这些异常在侧向和走向上都远远超出了Lirio矿区主要区域的范围。这已用于设计一项计划于2024年6月至7月进行的4个孔口500米跟进钻探活动。条件允许的话,2025年将针对所获得的结果进行额外的钻探,以决定是否申请采矿特许权。
During the next two seasons, EuroPacific Metals plans to conduct a robust exploration project on the concession. This will include geological mapping and rock-soil sampling, as well as IP and/or EM over selected areas.
在接下来的两个季节中,欧太金属计划进行一个全面的勘探项目。其中包括地质地图和岩石土壤采样,以及在选定区域进行IP和/或EM测试。
Aparis Mine
Aparis矿山
The investigation of the copper corridor, which was only partly mined, with most of the works concentrated in the southern part of the deposit, envisages an initial, "surgical" drilling program split into two phases, as follows:
铜走廊的调查仅部分开采,大多数矿井工程集中在矿床的南部。计划将其分为两个阶段进行"外科"钻探项目,具体如下:
Phase 1 (10 holes-2,500m)
第1阶段(10个孔-2,500m)
• confirm reported high grade zones from old reports and expand the "mining widths" to a more substantial target size.
• 确认旧报告中报告的高品位区间,并将“采矿宽度”扩大到更实质性的目标尺寸。
• check depth extensions to the mineralized system below reported known ore shoots
• 检查所报道的已知矿石射线下方的矿化系统的深度延伸
• investigate the N and NE extensions of mineralization
• 调查矿化体的N和NE延伸
This campaign will enable a better planning for a more substantial drilling program, should the results be positive.
如果结果积极,此次活动将有助于更好地规划更实质性的钻探项目。
Phase 2
第2阶段
Depending on results from the previous phase, medium term plan (2024-2025) envisages a substantial brownfield drilling campaign in order to consolidate the geological model of the deposit and produce an initial resource estimation which will form the basis for a prefeasibility study. Infill drilling is planned on an approximate 200m x 200m grid to produce an initial resource estimation which at this stage would be mostly from the inferred category. This will lead to a decision to apply for a mining concession.
根据上一阶段的结果,中期计划(2024-2025)计划进行大规模既有场区的钻探,以巩固矿床的地质模型并制定初步资源估计,这将成为可行性研究的依据。拟定在大约200米×200米的网格上进行填充钻探,以产生基本上来自推断类别的初步资源评估。这将导致申请采矿权的决定。
Other priority areas
其他重点区域
Initial strategic grab/chip sampling has been conducted mainly of the east and southeast of the Lirio area where a good number of small copper operations and mineral occurrences have been identified. Detailed mapping led to the identification of mineralized polymictic breccia associated with late rhyolite elongated bodies interpreted to be post-Silurian in age.
已进行了初步的战略性采集/芯片采样,主要集中在Lirio区域的东部和东南部,发现了大量的小型铜矿和矿床。详细的地质勘测结果显示,矿化碎屑角砾岩与后志留系的辉绿岩拉长体相关联。
The Mina Minancos, located 3 km east of Lirio, has been mined for copper since the turn of the 19th century. Historical production was reported to be 1,187 t of copper ore from narrow high-grade veins. Recent sampling of float and dump material returned assay values up to 9.7 % Copper. Gold results of up to 0.27 g/t Au were also obtained from grab sampling.
Mina Minancos位于Lirio东部3公里处,自19世纪初以来一直开采铜矿。据报道,历史产量为1,187吨铜矿石,来自矿脉矿。最近的选矿分离和废渣物料检测分析值达到了9.7%的铜和最高0.27克/吨的金。
Along with Minancos, which was the largest operation in the area after Aparis, a series of other prospects have been identified along strike. All these occurrences seem to be spatially associated with the polymictic breccias and rhyolite sub-volcanic bodies and show highly anomalous gold and copper values. These occurrences include Pedra do Galo (1.5 g/t Au, 0.7 % Cu), Barrocal (0.46 g/t Au, 2.7 % Cu), Malhada das Vacas (1.6 g/t Au, 0.5% Cu), and Pias (0.63 g/t Au). Follow-up work including detailed mapping, soil geochemistry and ground geophysics are planned in these targets (IP/Resistivity).
除了Minancos之外,这是该区域排名第二大的操作之外,还发现了一系列其他前景。所有这些矿床似乎都与复合碎屑岩和辉绿岩亚火山体有关,并显示出高度异常的黄金和铜含量。这些包括Pedra do Galo(1.5 g/t Au,0.7%Cu),Barrocal(0.46 g/t Au,2.7%Cu),Malhada das Vacas(1.6 g/t Au,0.5%Cu)和Pias(0.63 g/t Au)。在这些目标(IP /电阻率)上计划进行详细的地质勘测,土壤地球化学和地面地球物理勘探。
About EuroPacific Metals Inc
关于EuroPacific Metals Inc
EuroPacific Metals Inc. is a Canadian public company listed on TSXV and in US on OTCQB. The Company holds brownfield gold, and copper-gold projects located in Portugal. The Company is focused on exploration in highly prospective geological settings in Europe jurisdictions. EuroPacific Metals ("EUP") owns a total of 100% equity interest in EVX Portugal, a private Portugal based company, that holds the legal exploration rights from the Portugal Government on the Borba 2 ("Borba 2") exploration properties, covering approximately 328 square kilometers in the Alentejo region in Southern Portugal. Miguel Vacas is the most advanced prospect within the Borba 2 license.
EuroPacific Metals Inc.是一家加拿大上市公司,在TSXV上和美国的OTCQB上都有挂牌。该公司拥有位于葡萄牙的既有金矿和铜金矿项目。该公司专注于在欧洲司法管辖区的高潜力地质环境中进行探索。EuroPacific Metals(“EUP”)拥有EVX Portugal的100%股权,后者是总部位于葡萄牙的私有公司,持有Alentejo地区Borba 2勘探权利,占地约328平方公里。在Borba 2许可证内,米盖尔·瓦卡斯是最先进的的勘查项目。
Qualified Person
合格人士
Technical information in this PR has been prepared in accordance with National Instrument 43-101 and approved for inclusion by Mr. José Mario Castelo Branco, EuroGeol, who is a "Qualified Person" with over 35 years' experience in the Exploration and Mining Geology industry. Mr. Castelo Branco holds a B.Sc. in Geology from the University of Porto in Portugal. He is also a member of the Portuguese Association of Geologists, the European Federation of Geologists, Member of the Prospectors and Developers of Canada, the Society of Economic Geologists and the Society for Geology Applied to Mineral Deposits.
本新闻稿中的技术信息是根据43-101国家规定准备的,并经由拥有35年勘查和采矿地质工业经验的EuroGeol José Mario Castelo Branco(CV和联系方式见本文结尾)先生审定并包含在内。“CasteloBranco先生拥有葡萄牙波尔图大学(University of Porto in Portugal)地质学学士学位。他还是葡萄牙地质学会、欧洲地质联盟、加拿大勘探开发商协会、经济地质学会和矿床地质应用学会的成员。
On behalf of the Board of Directors
谨代表董事会
Europacific Metals Inc.
欧洲太平洋金属股份有限公司
Mr. Karim Rayani, Chief Executive Officer
11th Floor - 1111 Melville Street
Vancouver, BC V6E 3V6
E: k@r7.capital
Karim Rayani先生,首席执行官
11th Floor - 1111 Melville Street
Vancouver,BC V6E 3V6
E:k@r7.capital
This news release contains "forward-looking information" within the meaning of applicable securities laws relating to the exploration potential of the Company's properties. Generally forward-looking statements can be identified by the use of terminology such as "anticipate", "will", "expect", "may", "continue", "could", "estimate", "forecast", "plan", "potential" and similar expressions. These forward-looking statements involve risks and uncertainties relating to, among other things, results of future exploration and development activities, uninsured risks, regulatory changes, defects in title, availability of materials and equipment, timeliness of government approvals, changes in commodity prices and unanticipated environmental impacts on operations. Although the Company believes current conditions and expected future developments and other factors that have been considered are appropriate and that the expectations reflected in this forward-looking information are reasonable, undue reliance should not be placed on them because the Company can give no assurance that they will prove to be correct or enduring. Readers are cautioned to not place undue reliance on forward-looking information. The statements in this press release are made as of the date of this release. Except as required by law, the Company does not undertake any obligation to update publicly or to revise any forward-looking statements that are contained or incorporated in this press release. All forward-looking statements contained in this press release are expressly qualified by this cautionary statement. The readers should not rely on any historical estimates. The Company and the QP has not done sufficient work to classify historical estimate as a current resource. Company is not treating the historical estimate as a current resource. Additional work including drilling will be required to verify and upgrade historical estimates.
本新闻稿包含关于该公司物业勘探潜力的“前瞻性信息”,是根据适用证券法的规定准备的。一般而言,前瞻性声明可通过使用“预期”、“将”、“期望”、“可能”、“继续”、“可能”、“估计”、“预测”、“计划”、“潜在”及类似表述的术语而识别。这些前瞻性声明涉及到有关未来勘探和开发活动、未经保险的风险、监管变化、所有权缺陷、物料和设备的可用性、政府批准的及时性、商品价格变动以及对运营产生意外环境影响等风险和不确定性。尽管公司认为当前条件和预期的未来发展以及已经考虑到的其他因素是合理的,并且认为此前瞻性信息所反映的期望是合理的,但对此不应过度依赖,因为公司无法保证它们将被证明是准确或持久的,读者在使用前瞻性信息时应谨慎。本新闻发布稿中的声明是根据此发布之日的事实发表的。除法律有规定外,公司不承担更新公开或修订包含在本新闻稿中的任何前瞻性声明的任何义务。本新闻稿中所包含的所有前瞻性声明均应受到本警告声明的约束。读者不应依赖于任何历史估计。该公司和QP未做足够的工作将历史估计归为当前资源。公司未将历史估计视为当前资源。需要进行其他工作,包括钻探,以验证和升级历史估计。
SOURCE: Europacific Metals Inc.
信息来源:欧洲太平洋金属股份有限公司