Golden Horse Continues to Expand Southern Cross Footprint With Bullfinch Acquisition
Golden Horse Continues to Expand Southern Cross Footprint With Bullfinch Acquisition
Highlights:
亮点:
Golden Horse has entered a conditional Sale Agreement ("Sale Agreement") with Torque Metals to acquire 100% of its Bullfinch Gold Project.
The Sale Agreement provides Golden Horse an additional 422km2 of tenure adjacent to the Company's existing tenements in the Southern Cross Greenstone Belt.
The area has numerous historical small gold mines throughout the Sale Agreement area including Withers Gold Mine which has recorded production grades of up to 35.7 g/t gold.
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Terms of the transaction include:
A$250,000 cash payment upon transfer of the tenure; and
A$200,000 milestone cash payment upon the delineation of a 100,000oz JORC resource of contained gold.
金马公司已与扭矿金属公司签订了一项有条件的销售协议("销售协议"),以收购其Bullfinch黄金项目的100%。
销售协议为金马公司提供了额外的422平方公里的承租权,毗邻南十字绿岩脉带内公司现有的承租权。
该地区包括许多历史悠久的小型黄金矿,包括威瑟斯黄金矿,该矿的生产品位最高可达35.7克/吨黄金。
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交易条款包括:
转让承租权时支付25万澳元现金;以及
在勘探出10万盎司JORC黄金资源后,支付20万澳元里程碑现金支付。
Perth, Australia--(Newsfile Corp. - October 1, 2024) - Golden Horse Minerals Limited, (TSXV: GHML) ("Golden Horse" or the "Company") is pleased to announce the Company has entered into a sale agreement dated September 25, 2024 (the "Sale Agreement") to acquire tenements within Torque Metals' Bullfinch Gold Project ("Bullfinch"), located 34km from the Southern Cross township within the Yilgarn Mineral Field, Western Australia and adjacent to Golden Horse's existing tenements.
澳大利亚珀斯--(新闻稿公司 - 2024年10月1日) - 黄金马矿业有限公司(TSXV: GHML)("Golden Horse" 或 "公司")很高兴宣布,公司已于2024年9月25日签署了一份销售协议("销售协议"),以收购西澳大利亚州Yilgarn矿区南十字镇以北34公里处的Torque Metals的Bullfinch黄金项目("Bullfinch")内的承租权,与金马公司现有的承租权相邻。
The Sale Agreement is a new agreement based on new transaction terms compared to the previously announced sale agreement between Golden Horse (under its previous name, Altan Rio Minerals Limited) and Torque Metals regarding the Bullfinch Project in June 20231, which was subsequently terminated in May 20242.
销售协议是基于新的交易条件的新协议,与Golden Horse(在其以前的名称Altan Rio Minerals Limited下)和Torque Metals在20231年6月有关Bullfinch项目的先前宣布的销售协议相比,后者在20242年5月被终止。
The Bullfinch tenement area covers 422km2 over six exploration licences and has recorded historical production grades of 35.7 g/t gold at the Withers prospect. The project is in the Southern Cross Greenstone Belt which has recorded production of over 12 million ounces of gold3.
Bullfinch执照区域涵盖了六个勘探许可证,总面积为422平方公里,历史上在Withers地区记录的生产品位为35.7克/吨。该项目位于Southern Cross Greenstone Belt,这个地区已经生产了超过1200万盎司的黄金。
Golden Horse's Managing Director & CEO Nicholas Anderson commented:
Golden Horse的董事长兼首席执行官Nicholas Anderson发表了评论:
"We are excited to enter into the Sale Agreement with Torque Metals, which will significantly expand our footprint in the highly prospective Yilgarn Mineral Field. The acquisition of the Bullfinch Gold Project will add 422km2 of tenure adjacent to our existing holdings and enhances our exploration potential as it includes the high-grade Withers prospect which has recorded grades of 35.7 g/t gold.
“我们很高兴与Torque Metals签订销售协议,这将大幅扩大我们在高潜力的Yilgarn矿区的市场份额。Bullfinch黄金项目的收购将使我们现有资产周围增加422平方公里的权益,并提升我们的勘探潜力,因为其中包括已记录的Withers地区35.7克/吨的高品位黄金。
We look forward to leveraging our expertise and the existing geological data to advance exploration at Bullfinch, with the goal of unlocking its full potential. This acquisition strengthens Golden Horse's presence in the Yilgarn Mineral Field, and we are eager to commence further exploration to build on the promising results already identified."
我们期待借助我们的专业知识和现有的地质数据,推动Bullfinch的勘探工作,旨在释放其全部潜力。此次收购加强了Golden Horse在Yilgarn矿区的存在,并我们急切期待开始进一步的勘探,以建立在已确认的有希望的结果基础上。”
Bullfinch Overview
Bullfinch概述
The Bullfinch project (see Figure 1) is located on Archaean greenstone lithologies prospective for gold deposits, massive sulphide nickel-copper deposits, iron ore and lithium. Three historic workings - Withers, Reynolds Find and Rutherford Find - are the most advanced exploration prospects on the tenure and all warrant follow up exploration4 .
Bullfinch项目(见图1)位于始太古代的绿岩岩性地质中,具有黄金矿床、硫化镍铜矿床、铁矿石和锂矿的开采潜力。三个历史工矿区 - Withers、Reynolds Find和Rutherford Find - 是该执照区内最具发展前景的勘探地段,所有这些都值得进行后续勘探。
Figure 1: Location of Golden Horse tenements and Bullfinch tenement area in the Southern Cross Greenstone Belt.
图1:Golden Horse领地和Bullfinch执照区在Southern Cross Greenstone Belt的位置。
Withers
威瑟斯
The Withers prospect, which lies 6km WNW of the historic Copperhead mine site, consists of over three kilometres of historical workings and has recorded past production of 1,472 tonnes of ore at a recovered grade of 35.7 g/t (1,688 ounces).
威瑟斯前景位于历史悍马矿场遗址以西北6公里处,由超过三公里的历史工区组成,过去生产的1472吨矿石,平均品位达35.7克/吨(1688盎司)。
Results from grab-sampling undertaken by Torque Metals suggested probable high-grade gold structures in some of the already identified geophysical anomalies. These gold results indicate significant potential for additional gold discoveries. Significant results of the grab-sampling are as follows with locations shown in Figure 2:
爱文思控股进行的抓取取样结果显示,在一些已确定的地球物理异常中存在可能的高品位黄金构造。这些黄金结果表明存在额外黄金发现的重要潜力。抓取取样的主要结果如下,并在图2中显示了位置:
(TMGS10001) - grab sample (Old workings) 16 g/t Au;
(TMGS10011) - grab sample (Old workings) 2.05 g/t Au; and
(TMGS10016) - grab sample (Mafic sequence outcrop) 9.79 g/t Au.
(TMGS10001) - 抓取取样(旧工区)金品位16克/吨;
(TMGS10011) - 抓取取样(旧工区)金品位2.05克/吨;以及
(TMGS10016) - 抓取取样(镁铁质岩系露头)金品位9.79克/吨。
Figure 2: Grab sample location at Withers.
图2:威瑟斯位置的抓取取样。
Rutherfords Find
拉瑟福德发现
The Rutherfords Find prospect has had limited exploration with only twelve historic reverse circulation ("RC") holes drilled to date (see Figure 3). However, these drill holes produced 10 significant gold intersections with two holes hitting wide zones:
鲁瑟福德斯发现前景的勘探有限,迄今为止只进行了12口历史反循环("RC")钻孔(见图3)。 然而,这些钻孔产生了10个重要的黄金交汇点,其中两个钻孔击中了宽厚的区域:
8m @ 5.4 g/t Au, including 4m @ 10.1 g/t Au, and open at depth (BRC30); and
8m @ 3.9 g/t Au, including 2m @ 9 g/t Au, (BRC19).
800万吨 @ 5.4 克/吨 黄金,包括 400万吨 @ 10.1 克/吨 黄金,并且深部尚未开采(BRC30);和
800万吨 @ 3.9 克/吨 黄金,包括 200万吨 @ 9 克/吨 黄金(BRC19)。
There has been no follow-up drilling of these holes. Historical production was also carried out at Rutherfords Find of 194 ounces of gold from 308 tonnes at an average recovered grade of 19.6 g/t Au.
这些钻孔尚未进行跟进钻探。鲁瑟福德斯发现还进行过194盎司黄金的历史生产,来自308吨,平均回收品位为19.6 克/吨 黄金。
Figure 3: Historical drill intersections at Rutherford's Find
图3:鲁瑟福德斯发现的历史钻孔交叉口
Reynolds Find
雷诺兹发现
The Reynolds Find prospect has been explored by several previous title holders. The best intercepts were encountered in 3 of the 4 holes drilled on a section immediately east of the historical workings. Results are provided below and in Figure 4:
雷诺兹发现前景已被前几任持有人勘探。 在历史作业区域东侧的一节中,3口4号钻井遇到了最佳截面。 结果如下表及图4所示:
BRC4 - 5m @ 3.5 g/t Au including 2m @ 10.1 g/t Au;
RRC5 - 4m @ 14.4 g/t Au including 1m @ 54.9 g/t Au; and
RRC6 - 3m @ 2.6 g/t Au.
BRC400 - 500万吨 @ 3.5 克/吨 黄金,包括 200万吨 @ 10.1 克/吨 黄金;
RRC500 - 400万 @ 14.4 克/吨 黄金,包括 100万 @ 54.9 克/吨 黄金; and
RRC600 - 300万 @ 2.6 克/吨 黄金。
Figure 4: Cross-section of RC drill holes at Reynolds Find.
图4:Reynolds Find处的旋转钻孔剖面。
Transaction
交易
The material terms of the Sale Agreement are as follows:
销售协议的重要条款如下:
Golden Horse to make a A$250,000 cash payment to Torque Metals upon transfer of the tenure expected to occur in September 2024;
Golden Horse to make a milestone A$200,000 cash payment to Torque Metals upon the delineation of a JORC resource of at least 100,000 ounces of contained gold.
Golden Horse在预计的2024年9月转让后向Torque Metals支付25万澳元现金;
Golden Horse在至少确定含金量10万盎司的JORC资源界定后向Torque Metals支付里程碑式的20万澳元现金。
For and on behalf of the Board
代表董事会
Nicholas Anderson
Managing Director & CEO
尼古拉斯·安德森(Nicholas Anderson)
总经理兼首席执行官
For more information contact:
了解更多信息,请联系:
Nicholas Anderson
Managing Director & CEO
Email: nicholas.anderson@goldenhorseminerals.com.au
尼古拉斯·安德森(Nicholas Anderson)
董事总经理兼首席执行官
电子邮件:nicholas.anderson@goldenhorseminerals.com.au
Josh Conner
Chief Operating Officer
Email: josh.conner@goldenhorseminerals.com.au
Josh Conner
首席运营官
邮箱: josh.conner@goldenhorseminerals.com.au
Media
David Tasker
Chapter One Advisors
Email: dtasker@chapteroneadvisors.com.au
+61 433 112 936
Competent Person's Statement
媒体
David Tasker
Chapter One Advisors
电子邮件:dtasker@chapteroneadvisors.com.au
+61 433 112 936
有能力人士声明
Mr Travis Vernon, a member of the Australian Institute of Mining and Metallurgy (AusIMM) and an independent Qualified Person as defined by National Instrument 43-101, is responsible for the preparation of the technical content regarding the Southern Cross Project contained in this document. Mr. Vernon is the Geology Manager for Golden Horse Minerals and has reviewed and approved the technical disclosure in this news release.
特拉维斯·弗农先生是澳洲矿山与冶金学会(AusIMM)的会员,也是根据第43-101号全国工具定义的独立合格人员,负责准备本文件中关于南十字星项目的技术内容。弗农先生是金马矿业的地质经理,已经审阅并批准了这则新闻稿中的技术披露。
Disclaimer
免责声明
This release may include forward-looking statements. Such forward-looking statements may include, among other things, statements regarding targets, estimates and assumptions in respect of metal production and prices, operating costs and results, capital expenditures, mineral reserves and mineral resources and anticipated grades and recovery rates, and are or may be based on assumptions and estimates related to future technical, economic, market, political, social and other conditions. These forward-looking statements are based on management's expectations and beliefs concerning future events. Forward-looking statements inherently involve subjective judgement and analysis and are necessarily subject to risks, uncertainties and other factors, many of which are outside the control of Golden Horse. Such forward‐looking statements are based on numerous assumptions regarding the Golden Horse's present and future business strategies and the political and economic environment in which the Golden Horse will operate in the future, which are not guarantees or predictions of future performance. Actual results and developments may vary materially from those that may be contemplated or implied by forward-looking statements in this release.
本文可能包含前瞻性声明,其中包括关于金属生产和价格、运营成本和结果、资本支出、矿物储量和矿产资源、预期等级和回收率等方面的目标、估计和假设,可能基于未来技术、经济、市场、政治、社会和其他条件的假设和估计。这些前瞻性声明基于管理层对未来事件的预期和信念,并涉及主观判断和分析,必然面临风险、不确定性和其他许多超出Golden Horse控制范围的因素。这些前瞻性声明基于Golden Horse目前和未来的业务战略以及Golden Horse将来运营的政治和经济环境的众多假设,不构成未来业绩的保证或预测。实际结果和发展可能与本文中前瞻性声明所描绘的可能存在差异的情况或含义相比存在实质性差异。
Given these uncertainties, readers are cautioned not to place undue reliance on such forward-looking statements. All information in respect of Exploration Results and other technical information should be read in conjunction with Competent Person Statements in this release (where applicable). To the maximum extent permitted by law, Golden Horse and any of its related bodies corporate and affiliates and their officers, employees, agents, associates and advisers:
因存在这些不确定性,读者应谨慎对待此类前瞻性声明。应将探索结果和其他技术信息所有内容与本文中的胜任人声明(如果适用)一同阅读。在法律许可的最大范围内,Golden Horse及其关联企业和附属公司及其董事、员工、代理人、关联方和顾问:
disclaim any obligations or undertaking to release any updates or revisions to the information in this release to reflect any events, circumstances or change in expectations or assumptions after the date of this release;
do not make any representation or warranty, express or implied, as to the accuracy, reliability or completeness of the information in this release, or likelihood of fulfilment of any forward-looking statement or any event or results expressed or implied in any forward-looking statement; and
disclaim all responsibility and liability for these forward-looking statements (including, without limitation, liability for negligence).
不承诺发行任何更新或修订,以反映本文发布日期之后的任何事件、情况或预期或假设的变化;
不作任何明示或暗示的表示或保证,就本发布中信息的准确性,可靠性或完整性或达成任何前瞻性陈述的实现或任何前瞻性陈述中明示或暗示的任何事件或结果,公司不作任何保证。
对于这些前瞻性声明(包括但不限于疏忽之类的责任),概不承担任何责任或义务。
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
TSX Venture Exchange及其监管服务提供者(如该术语在TSX Venture Exchange规定中所定义的)不对本新闻稿的充分性或准确性承担责任。
1 Refer to the Company's announcement dated June 26, 2023.
2 Refer to the Company's announcement dated May 16, 2024.
3 Refer to Torque announcement dated January 31, 2022.
4 Refer to the Company's announcement dated September 03, 2024
1. 请参考2023年6月26日公司公告。
2. 请参考2024年5月16日公司公告。
3. 请参考2022年1月31日Torque的公告。
4. 请参考2024年9月3日公司公告。