M2i Global, Inc. Executes Exclusive Offtake Agreement With NT Minerals Limited
M2i Global, Inc. Executes Exclusive Offtake Agreement With NT Minerals Limited
Gains Access to 88,000 Tonnes of Copper Currently Valued at $850 Million
目前价值8500万美元的88000吨铜的获取权
RENO, NV / ACCESSWIRE / July 16, 2024 / M2i Global, Inc. ("M2i," the "Company," "we," "our" or "us") (OTCQB:MTWO), a Company specializing in the development and execution of a complete global value supply chain for critical minerals for the U.S. government and U.S. free trade partners, is pleased to announce that it has entered into an exclusive offtake agreement with NT Minerals Limited ("NTM") for 88,000 tonnes of Copper, which is currently valued at $850 million based on today's price of $9,653 per ton of Copper.
2024年7月16日,内华达雷诺市/ACCESSWIRE / M2i Global, Inc. ("M2i","公司,"我们,"我们的"或"甲方")(OTCQB:MTWO),专门为美国政府及美国自由贸易伙伴开发和执行世界范围内完整的关键矿物价值供应链的公司,很高兴地宣布与Nt Minerals Limited("NTM")签订了独家的铜的提货协议,该协议代表着目前价值为8500万美元的88000吨铜,基于今天的铜价格为每吨9653美元。
M2i is granted offtake rights for a maximum of 88,000 tonnes copper that is sourced from the Redbank tenements in return for 12 million shares of M2i Global Inc. NTM to receive additional payments for incremental resource increases or upgrades from the Redbank tenements. M2i retains the option to participate in production pre-funding opportunities.
M2i公司获得措施权以从Redbank租赁中获取多达88000吨的铜,以1200万股M2i Global Inc.为代价。NTM将从Redbank租赁中的资源增加或升级中获得额外的支付。M2i公司保留参加生产前资助机会的选择权。
Doug Cole, Executive Chairman of M2i, commented, "We are very excited with our strategic collaboration and to be working with NT Minerals. The opportunity to secure a substantial tonnage of future production of copper is significant in the establishment of a secure supply of critical minerals that are so important to the US economy and defense industry."
M2i执行主席Doug Cole评价道:"我们对我们的战略合作及与Nt Minerals合作感到非常激动。获取大批量的铜未来生产的机会在确立对美国经济和国防工业非常重要的关键矿物的安全供应方面是相当重要的。"
NTM Managing Director Rodney Illingworth commentated that "This agreement is a significant step in monetizing the current copper resources already identified and held by NT Minerals. It provides the necessary liquidity without dilution to expand our existing resources during the upcoming field season. It is also a vote of confidence in the Company's ability to identify and develop copper and critical mineral projects and we are excited to be working with M2i to ensure the elimination of sovereign risk on the availability and supply of critical minerals."
NTm总裁Rodney Illingworth评论道:"这项协议是把由NT Minerals已经识别和持有的铜资源变现的重要一步。这为在即将到来的野外季节拓展新的资源提供了必要的流动性而不会有稀释,同时也是对公司确定和开发铜和关键矿物项目能力的肯定。我们很高兴与M2i公司合作以确保关键矿物在可供性和供应方面的风险消除。"
NTM's initial area of interest is centered on the Bluff Resource, notably a cluster of targets within a 600 meter radius of the Bluff deposit, these being Double Bluff, gravity targets - T24, T25 and T27 and Archimedes Targets - AT2 and AT4. Each of these targets have varying levels of support from each of the target generation concepts providing the Company confidence to undertake the planned drill program.
NTM最初的兴趣点集中在Bluff资源上,尤其是在Bluff矿床半径600米范围内的一个聚簇靶区,其中包括Double Bluff和重力靶区T24,T25和T27以及Archimedes Targets AT2和AT4。这些靶区中的每一个都有来自各个靶区生成概念的不同程度的支持,这使得该公司有信心进行计划中的钻探项目。
NTM considers this clustering of targets important as any future development may be potentially accessed from the same infrastructure. Additionally, a 1,700 m long linear copper geochemical trend has been identified northeast of Bluff, this trend is defined by the RN North geochemical anomaly at its northern extent and the T25 gravity/geochemical anomaly at its southern extent, with potential to extend this anomaly in both directions.
NTm认为这些靶区聚集非常重要,因为任何未来的获利开发均可从相同的基础设施中访问。此外,在Bluff东北方向已经识别出了一个170000万长的线性铜地球化趋势,该趋势是通过其北部范围中的RN North地球化异常和其南部范围中的T25重力/地球化异常定义的,并有可能将该异常向两个方向延伸。
Importantly, this trend also includes the Quartzite Prospect, located some 650m WNW of Bluff and the subject of limited historical drill evaluation (12 holes) with a best reported intercept of 52m @ 1.34% Cu from 119m, including 8m @ 3.98% Cu from 163min drill hole QT35. The Company intends to investigate this trend, targeting the 500m long RN_North anomaly, Quartzite Prospect and the T25 gravity target with reconnaissance drill programs.
更重要的是,这个趋势还包括Quartzite Prospect,位于Bluff西北向65000万的位置,是有史以来钻探评价受限(12个孔)的矿产资源,而其中最好的报告截获是来自钻孔QT35的5200万 @ 1.34% Cu,其中包括来自该钻孔的800万 @ 3.98% Cu(来自11900万深度)。该公司打算研究这个趋势,将定向探讨RN_North异常、石英岩勘探区和T25重力靶区的勘探钻探项目。
Regionally, NTM also plans to undertake regional reconnaissance work during the 2024 field season across several areas identified by previous explorers but that have not been fully evaluated since the original work. This includes the Mountain Home Prospect located in the Redbank West group of tenements where a recent geological review noted rock chip sampling along a 150m trend of surface workings/pittings returned assays of 32.73% Cu, 25.20% Cu, 15.69% Cu and 9.81% Cu with associated gold values up to 1.31 g/t Au.
在区域上,NTm还计划在2024年的野外季节期间,在由之前的探矿者确认但尚未完全评估的几个区域开展区域性勘查工作。这包括位于Redbank West租赁中山居Home Prospect,在这里,最近的地质审查指出,沿着一个15000万趋势的岩石芯片采集,表面工作的污染物返回的探测值为32.73% Cu,25.20% Cu,15.69% Cu和9.81% Cu,并有多达1.31 g/t Au的黄金含量。这一高度矿化的趋势与一个解释为超过5公里长的构造所对应,值得进一步研究。其他被定为区域勘探重点的区域包括Copperado、Wollogorang和Siegal Gap。
This highly mineralized trend is coincident with an interpreted +5km long structure warranting further investigation. Other areas being targeted for regional reconnaissance work include Copperado, Wollogorang and Siegal Gap.
NTm在推进各个项目所需的批准方面已经做得很好,并从几家有良好信誉的钻探承包商处获得了兴趣和价格来开展计划的项目。2024年的野外季节预计在一个非常重要的雨季之后的7月初开始,这取决于开采许可的准备情况。
NTM is well advanced in progressing the requisite approvals for the various programs and has received expressions of interest and pricing from several well credentialed drilling contractors to undertake the planned programs. The commencement of the 2024 field season is currently scheduled for early July and is dependent on access after a very significant wet season.
关于M2i Global,Inc. (OTCQB:MTWO)
About M2i Global, Inc. (OTCQB:MTWO)
M2i Global, Inc., through its subsidiary U.S. Minerals and Metals Corp., is an engineering, research, and services firm that brings together people, technology, and solutions from across government, business, not-for-profits, and academia to provide access and availability to critical minerals and metals for the purpose of defense and economic security. We aim to address this compelling need dictated by the evolving global environment predicated in terms of technology, energy, defense, and climate. The Company's vision and purpose is to develop and execute a complete global value supply chain for critical minerals for the U.S. and its free trade partners and create a strategic mineral reserve in partnership with the U.S. Federal Government. The reality is that the world outside of China faces a significant dearth of critical minerals necessary to fuel its reemergent manufacturing base. This supply problem leads to a very clear economic opportunity for the Company and others to develop these resources and supply this exploding demand over the next decade and beyond.
关于M2i全球公司,Inc. (OTCQB:MTWO)
M2i Global,Inc.通过其子公司美国矿产与金属公司(U.S.MineralsandMetalsCorp.),是一家工程、研究和服务公司,汇集政府、企业、非盈利组织和学术界的人员、技术和解决方案,为了国防和经济安全而提供关键矿物质和金属的获取和供应。我们旨在通过技术、能源、国防和气候等方面的全球环境演变,解决这一令人迫切需要的问题。该公司的愿景和目的是为美国及其免费贸易伙伴开发和执行一个完整的关键矿物质全球供应价值链,与美国联邦政府合作建立战略矿产储备。现实是,除了中国以外的世界在燃料复兴的制造业基础中面临着重大缺乏必要的关键矿物质。这个供应问题导致了一个非常明显的经济机会,为公司和其他人开发这些资源并满足未来十年及以后的爆炸性需求。
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SOURCE: M2i Global Inc
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