Forge Resources Announces Completion of Payoff Zone Drilling, Confirming Porphyry Style Mineralization
Forge Resources Announces Completion of Payoff Zone Drilling, Confirming Porphyry Style Mineralization
Vancouver, British Columbia--(Newsfile Corp. - June 12, 2024) - Forge Resources Corp. (CSE: FRG) (OTCQB: FRGGF) (FSE: 5YZ) ("FRG" or the "Company") is pleased to announce the completion of the first two 2024 planned drill holes at Alotta, both showing porphyry style mineralization. The continuation of the Phase 1 drilling program is on schedule with holes ALT-24-001/002 completed to a depth of 402 and 501 metres respectively. Drill hole ALT-24-003 has now commenced, testing the Severance Zone.
加拿大卑诗省温哥华 - (新闻资讯公司 - 2024年6月12日) - Forge Resources corp. (CSE: FRG) (OTCQB: FRGGF) (FSE: 5YZ)公司非常高兴地宣布,由于令人鼓舞的视觉观察结果表明存在矿化斑岩体系,我们已开始计划通过定向增发(flow-through)的方式扩展第一阶段钻探计划,以发行流通单位("")。FRG"或"公司Corp很高兴地宣布,在Alotta完成了2024年计划的前两个钻探孔,均显示出斑岩矿化。第一阶段钻探计划的继续进行进展顺利,孔位ALT-24-001/002的深度分别完成了402和501米。现在开始进行钻探ALT-24-003,测试Severance Zone。
Hole ALT-24-001 - Azimuth 135/-50 degree dip and the first hole to drill test the Payoff Zone where strongly anomalous rock samples (up to 8.7 g/t gold) were sampled over a 200 x 300 m area. ALT-24-001 appears to have a higher concentration of pyrite stringers than what was observed in two November 2023 drillholes. In November 2023 two drill holes were completed on the property which confirmed the porphyry style nature of mineralization.
孔位ALT-24-001 - 方位角135度/-50度倾角,第一口钻井测试了Payoff Zone,该区域强烈异常的岩石样品(最高8.7克/吨黄金)在200 x 300平方米的范围内取样。似乎有比2023年11月的两个钻孔观察到的黄铁矿脉更高的浓度。2023年11月,在该地区完成了两个探矿钻孔,确认矿化的斑岩矿化类型。孔位ALT-24-002 - 方位角230度/-60度倾角,该孔位旨在测试与矿化相关西北向构造可能性。再次遇到斑岩矿化。岩石变质和相关的扩散和碎裂控制的硫化物矿化在深度方向上不断增加。ALT-24-001Forge Resources Corp.总裁兼P.GeoLorne Warner评论道:"完成的每一个钻孔都让我们更加了解Alotta矿化的控制因素。我们现在已经开始在未测试的Severance Zone进行钻探,该区具有广泛和强烈的多元素土壤地球化学异常性。三个拟议的钻孔将测试Alotta Zones中心区域的整个异常土壤地球化学。"
Hole ALT-24-002 - Azimuth 230/-60 degree dip. The hole was proposed to test possible west-northwest trending structures related to mineralization. Porphyry style mineralization was again encountered. Alteration and associated disseminated and fractured controlled sulphide mineralization is increasing to depth.
上面是孔位ALT-24-002的岩心照片,深度达到了261.5米,在2023年11月完成的ALT-23-001区域的方向趋势。如2024年2月24日宣布的那样,孔位ALT-23-001从该物业的首个金刚石钻孔孔口截获了211.65米0.46克/吨黄金。审查ALT-23-001截获区域,该区域拥有211.65米0.46克/吨黄金。半拥挤,石英-斜长斑岩承载的黄色辉石铜矿化显示,含硅物充填裂隙在更高等级的金浓度区域内承载硫化物矿化。半深的、多金属脉矿可以含有高品位金浓度。
Lorne Warner, President, and P.Geo for Forge Resources Corp. comments: "Every drillhole completed is bringing us closer to understanding the controls to the mineralization at Alotta. We have now started drilling at the untested Severance Zone which has extensive and highly anomalous multi-element soil geochemistry. The three proposed holes will test across entire anomalous soil geochemistry in the central area of the Alotta Zones."
上述内容概述了Alotta矿地内的高优先级靶区,其具有潜在的金、铜、钼,斑岩矿化型矿床。在2023年11月之前,这些靶区中没有被探矿钻孔测试。在2023年11月,在该地区完成了两个探矿钻孔(ALT-23-001和ALT-23-002),确认了矿化斑岩类型。钻孔ALT-24-004到ALT-24-010是拟议位置。Alotta地区由96个矿业权声明组成,占地面积约为1,926公顷,距Western Copper and Gold的Casino矿床50公里以东南方向。
Figure 1 above is a core photo from hole ALT-24-002 at depth of 261.5 metres that trended towards the area of ALT-23-001, completed in November, 2023. As announced on February 24, 2024, Hole ALT-23-001 intercepted 211.65 metres of 0.46 grams/tonne gold from the first ever diamond drill hole on the property.
图1。麦金太尔布鲁克项目区域,红线为边界(111公里上面是ALT-24-002井的岩心照片ALT-24-002在深度为261.5米的地方,走向指向ALT-23-001区域,该井完成于2023年11月。正如2024年2月24日公布的消息,井ALT-23-001从该产权第一次钻孔中截获了211.65米0.46克/吨的黄金。
Review of ALT-23-001 intercept area hosting the 211.65 metres of 0.46 g/tonne gold:
回顾ALT-23-001拦截地区211.65米0.46克/吨的黄金:
- Hosted in semi-crowed, quartz-plagioclase porphyry
- 半密集的石英斜长岩
- Indicates that silica filled fractures hosting sulphide mineralization occur in areas of higher-grade gold concentrations
- 表明富含硫化物矿物化的硅质填充裂隙出现在高品位金浓度的区域
- Semi-massive, poly-metallic veins can contain high-grade gold concentrations.
- 半粗大的多金属矿脉可以含有高品位的金浓度。
Figure 2 above outlines the high priority target areas within the Alotta property with potential gold-copper-molybdenum, porphyry style mineralization. Prior to November 2023 none of these target areas had been drill tested. In November 2023 two drill holes (ALT-23-001 and ALT-23-002) were completed on the property which confirmed the porphyry style nature of mineralization. Hole ALT-24-004 to ALT-24-010 are proposed locations.
图2上面概述了Alotta物业内具有潜在的金、铜、钼,以斑岩矿化形式存在的高优先级靶区。在2023年11月之前,这些靶区中没有被探矿钻孔测试。
The Alotta property consists of 96 mineral claims that cover approximately 1,926 hectares that is located 50 km south-east of Western Copper and Gold's Casino deposit. Figure 3 below demonstrates the extent of anomalous, copper in soil geochemistry with the current area of mineral resources defined at the Casino Deposit. The Casino deposit is one of the most economic, greenfield copper-gold mining projects in the world which is ranked as one of the top ten largest, undeveloped, copper-gold porphyry deposits in the world. Western Copper and Gold announced on April 30, 2024, the completion of their bought deal public offering with gross proceeds of $46 million. Subsequently, on May 6, 2024, they announced the completion of a further $5 million financing with Rio Tinto.
Alotta物业由96个矿权声明组成,占地面积约1,926公顷,位于Western Copper and Gold的Casino存款以东南50公里处。图3下面的内容展示了在 Casino Deposit 区域内异常铜土壤地球化学的程度。Casino Deposit 是世界上最具经济价值的初期铜金矿项目之一,并被评为世界前十大未开发铜金斑岩矿床之一。2024年4月30日,Western Copper and Gold 宣布完成发行总额为4600万美元的认购套利公开发行证券交易。随后,于2024年5月6日,他们又宣布与力拓完成了额外的500万美元资金存入。
Figure 3
图3
Figure 4 - Drilling ALT-24-003, started June 11, 2024
图4 - ALT-24-003 钻孔于2024年6月11日开始钻探。
Qualified Person
Lorne Warner, P.Geo, and President of Forge Resources Corp. is a qualified person as defined by National Instrument 43-101 and has reviewed and approved the scientific and technical disclosure in this news release.
合格人士
Forge Resources Corp.的总裁、注册地质师Lorne Warner审查并批准了本新闻稿中的科学技术披露,他是按照43-101国家规定定义的合格人员。
About Forge Resources Corp.
Forge Resources Corp. is a Canadian-listed junior exploration company focused on exploring and advancing the Alotta project, a prospective porphyry copper-gold-molybdenum project located 50 km south-east of the Casino porphyry deposit in the unglaciated portion of the Dawson Range porphyry/epithermal belt in the Yukon Territory of Canada.
关于Forge Resources Corp。
Forge Resources Corp.是一家加拿大挂牌的初创勘探公司,专注于探索和推进Alotta项目,该项目位于加拿大育空地区Dawson Range斑岩/低温热液脉系的未被冰川覆盖部分,是一个有前途的斑岩铜黄金钼项目,距离赌场斑岩矿床50公里。
In addition, the Company holds a 40% interest in Aion Mining Corp., a company that is developing the fully permitted La Estrella coal project in Santander, Colombia. The project contains eight known seams of metallurgical and thermal coal.
此外,该公司持有Aion Mining Corp.40%的股权,该公司正在开发具有完全许可的哥伦比亚圣安唐德拉的La Estrella煤炭项目。该项目包含8个已知的冶金和热能煤炭层。
On behalf of the Board of Directors
"Cole McClay", CEO Forge Resources Corp.
info@forgeresources.com
谨代表董事会
"Cole McClay",Forge Resources公司的CEO。
info@forgeresources.com
Forward-Looking Statements
前瞻性声明
Certain of the statements made and information contained herein may contain forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking information includes, but is not limited to, information concerning the Company's intentions with respect to the development of its mineral properties. Forward-looking information is based on the views, opinions, intentions and estimates of management at the date the information is made, and is based on a number of assumptions and subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated or projected in the forward-looking information (including the actions of other parties who have agreed to do certain things and the approval of certain regulatory bodies). Many of these assumptions are based on factors and events that are not within the control of the Company and there is no assurance they will prove to be correct. There can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. The Company undertakes no obligation to update forward-looking information if circumstances or management's estimates or opinions should change except as required by applicable securities laws, or to comment on analyses, expectations or statements made by third parties in respect of the Company, its financial or operating results or its securities. The reader is cautioned not to place undue reliance on forward-looking information. We seek safe harbor.
本文中涉及的某些声明和信息可能包含适用于加拿大证券法的前瞻性信息。前瞻性信息包括但不限于有关公司对其矿产业务开发意图的信息。前瞻性信息是基于管理层在信息发布之日的观点、意图和估计,并基于多个假设,并受各种风险和不确定性以及其他可能导致前瞻性信息的实际事件或结果与预期不符的因素的影响(包括同意采取某些行动的其他方的行动和某些监管机构的批准)。这些假设中的许多是基于公司无法控制的因素和事件,因此不能保证它们将被证明是正确的。无法保证前瞻性信息将被证明准确,因为实际结果和未来事件可能与此类信息所预期的结果和事件有所不同。除非适用证券法要求或第三方有责任向公司就意见、期望或声明发表评论,否则公司无义务更新前瞻性信息或对其进行评论。读者应当谨慎地使用前瞻性信息。