Red Metal Resources Signs LOI to Acquire Mineral Claim Package in Ville Marie, Quebec, Contiguous to Recent Hydrogen Discovery
Red Metal Resources Signs LOI to Acquire Mineral Claim Package in Ville Marie, Quebec, Contiguous to Recent Hydrogen Discovery
Vancouver, British Columbia--(Newsfile Corp. - October 15, 2024) - RED METAL RESOURCES LTD. (CSE: RMES) (OTC Pink: RMESF) (FSE: I660) ("Red Metal" or the "Company") is pleased to announce it has entered into an Letter of Intent (the "LOI") with an arm's length vendor to acquire a 100% interest in three separate packages of mineral claims directly contiguous to Quebec Innovative Materials Corp. ("QIMC") recent Hydrogen sample discovery of over 1,000 ppm, announced on September 4th 2024. These mineral claim blocks are located within the Timiskaming Graben formation approximately 15 km north of the town of Ville Marie and accessible by road (Route 101).
温哥华,不列颠哥伦比亚省-(新闻发布稿-2024年10月15日)- RED METAL RESOURCES LTD.(cse: RMES)(OTC粉红: RMESF)(FSE: I660)("红色金属"或"公司"),很高兴宣布与一家与公司无关的供应商签署了一份《意向书》("LOI"),以收购与魁北克创新材料公司("QIMC")最近在2024年9月4日宣布的超过1,000ppm的氢样品发现直接相邻的三个矿权包的100%权益。这些矿权区块位于蒂米斯卡明格拉本地形成,距离维尔玛丽镇北约15公里,可通过101路公路到达。
These claim blocks consist of three separate packages, covering 19 cells and totaling over 1,100 hectares to the North, Northeast and the Southwest of QIMC's Hydrogen sample discoveries. These claim blocks exhibit close proximity and similar geological setting to that of Quebec Innovative Materials Corp.'s recent hydrogen-in-soil discovery, with similar geology to the recent large natural hydrogen Ramsey Project discovery by Gold Hydrogen Ltd. in South Australia.
这些矿权区块包括三个独立的包裹,覆盖了19个单元,总面积超过1,100公顷,位于QIMC氢样品发现区域的北部、东北部和西南部。这些矿权区块与魁北克创新材料公司最近在土壤中发现的氢样品具有密切的邻近性和相似的地质背景,与南澳大利亚黄金氢有限公司最近在拉姆齐项目发现的大规模天然氢气相似的地质背景。
Red Metal Resources President and CEO, Caitlin Jeffs stated, "We are excited to add these highly prospective mineral claim blocks to our portfolio of clean energy exploration projects and establish a land position near QIMC's recent hydrogen discovery. The similar geology and proximity, highlights the potential for new discoveries of hydrogen with its ideal location and infrastructure, this new property represents an exciting opportunity to expand our clean energy portfolio as we continue to advance our Carrizal Copper/Gold property in Cordillera, Chile."
红色金属资源公司总裁兼首席执行官Caitlin Jeffs表示:"我们很高兴将这些高度潜力的矿权区块加入我们清洁能源勘探项目组合,并在靠近QIMC最近的氢气发现地点建立土地位置。类似的地质背景和邻近性突显了新的氢气发现的潜力,以其理想的位置和基础设施,这一新地产代表了一个扩展我们清洁能源投资组合的令人振奋的机会,同时我们继续推进智利科迪列拉的卡里萨尔铜/金产业。"
Red Metal Resources intends to begin initial exploration and field work that could include:
红色金属资源公司打算开始进行包括:
- Gas sampling from the soil (soil gas survey) and conducting underwater surveys in Lake Timiskaming.
- These surveys can be used, among other things, to locate degassing zones associated with faults in the Timiskaming rift.
- Geophysical surveys could be carried out to detect deep structures in the rock. Drone surveys can also be realized to provide useful remote sensing data for hydrogen and helium exploration.
- Fieldwork can be carried out mainly in the Municipality of St-Bruno-de-Guigues sector.
- 从土壤中取气样品(土壤气体调查)并在蒂米斯卡明湖进行水下调查。
- 这些调查可以用来定位与蒂米斯卡明断裂带相关的脱气区。
- 可以进行地球物理调查以检测岩石中的深部结构。 无人机调查也可用于提供有用的遥感数据,用于氢与氦的勘探。
- 田野工作主要可以在圣布鲁诺德吉格市区进行。
The Company is currently reviewing available data and formulating an exploration plan for the new claims with further details to be provided in due course. Once due diligence is completed and all claim applications have been approved, the Company will enter into a definitive claim purchase agreement.
公司目前正在审查可用数据,并制定一项探勘计划,相关详细信息将在适当时候提供。一旦尽职调查完成并所有索赔申请获得批准,公司将签署最终的索赔购买协议。
This news release may contain information about adjacent properties on which the Company has no right to explore or mine. Investors are cautioned that mineral deposits on adjacent properties are not indicative of mineral deposits on the properties subject to the LOI.
本新闻发布可能包含关于公司无权探索或开采的相邻地块的信息。投资者应注意,相邻地块上的矿床并不代表LOI对象地块上的矿床。
Figure 1. Claim Location Map
图1. 索赔位置地图
The Timiskaming Graben is a 400 km (250 mi) long and 50 km (31 mi) wide depression straddling the Ontario-Quebec border in Eastern Canada. It is a northwesterly extension of the Ottawa-Bonnechere Graben, a failed arm of the Saint Lawrence rift system which is related to the opening of the Iapetus Ocean.
蒂米斯卡明矿裂是一条长400公里(250英里)、宽50公里(31英里)的洼地,横跨加拿大东部的安大略省和魁北克省边境。它是渥太华-邦尼谢尔矿裂向西北延伸的一部分,是圣劳伦斯裂谷系统的一部分,与雅普图斯海洋的开启有关。
Formation of the Timiskaming Graben corresponded with collapse of the regional crust along the Quinze Dam and Cross Lake faults possibly as early as 2.4 billion years ago. It was then reactivated during periods of crustal extension related to the breakups of supercontinents Rodinia and Pangaea and during compression related to the various orogenies that formed the Appalachian Mountains.
蒂米斯卡明矿裂的形成似乎与区域性地壳在Quinze Dam和Cross Lake断层沿线的坍塌有关,可能早在24亿年前即开始。随后在与超大陆Rodinia和Pangaea的解体以及导致阿巴拉契亚山脉形成的各种造山运动相关的地壳伸展期间再次发生了活动。
The Timiskaming Graben is now partially filled by Lake Timiskaming, a 100 km (62 mi) long successor to the much larger glacial Lake Barlow which drained at the end of the last glacial period about 8,000 years ago. The Timiskaming Graben is a seismically active structure in the Western Quebec Seismic Zone. Reactivation of faults has resulted in earthquakes, such as the 1935 Timiskaming earthquake.
蒂米斯卡明矿裂现在部分被蒂米斯卡明湖填满,这是一个长100公里(62英里)的湖泊,原本是更大规模的冰河时代后期大型巴洛湖的继承者,大约在大约8,000年前的冰河期结束时进行排水。蒂米斯卡明矿裂是魁北克西部地震活跃区的一部分。断层重新活动导致了地震,比如1935年的蒂米斯卡明地震。
Terms of the LOI
LOI条款
The LOI contemplates up to two weeks' due diligence period with a non-refundable deposit of $5,000 plus GST and the issuance of 1,600,000 common shares of the Company.
LOI contempla高最多两周的尽职调查期,需支付$5,000加上GSt作为不可退款的存入资金,并发行公司1,600,000股普通股。
Qualified Person
合格人士
The technical content of this news release has been reviewed and approved by Mitchell Lavery, P.Geo.(QC), who is a Qualified Person ("QP") as defined in National Instrument 43-101, Standards of Disclosure for Mineral Projects.
本资讯新闻的技术内容已由米切尔·拉维里(Mitchell Lavery)P.Geo.(QC)审查并获批准,米切尔·拉维里是根据《43-101号全国工艺规范披露标准》(National Instrument 43-101)中定义的有资格人士("QP")。
About Red Metal Resources Ltd.
Red Metal Resources is a mineral exploration company focused on growth through acquiring, exploring and developing copper-cobalt-gold assets in Chile. The Company's projects are located in the prolific Candelaria iron oxide copper-gold (IOCG) belt of Chile's coastal Cordillera. Red Metal is quoted on the CSE under the symbol RMES, on OTC Link alternative trading system on the OTC Pink marketplace under the symbol RMESF, and on Frankfurt Stock Exchange under the symbol I660.
关于Red Metal Resources Ltd.
Red Metal Resources是一家以矿产勘探为重点的公司,专注于通过收购、勘探和开发智利的铜-钴-黄金资产而实现增长。该公司的项目位于智利沿海科迪列拉地区富含铁氧化铜-黄金(IOCG)的产出带。Red Metal在cse上报价为RMES,在OTC Link交易系统的OTC Pink市场上报价为RMESF,在法兰克福证券交易所上报价为I660。
For more information, visit .
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Contact:
Red Metal Resources Ltd.
Caitlin Jeffs, President & CEO
1-866-907-5403
invest@redmetalresources.com
Brian Siegel,IRC,MBA-高级管理董事,Hayden IR,电话:(346)396-8696,ir@zedge.net
Red Metal Resources有限公司。
Caitlin Jeffs,总裁兼首席执行官
1-866-907-5403。
invest@redmetalresources.com
Forward-Looking Statements - All statements in this press release, other than statements of historical fact, are "forward-looking information" within the meaning of applicable securities laws. Red Metal provides forward-looking statements for the purpose of conveying information about current expectations and plans relating to the future and readers are cautioned that such statements may not be appropriate for other purposes. By its nature, this information is subject to inherent risks and uncertainties that may be general or specific and which give rise to the possibility that expectations, forecasts, predictions, projections or conclusions will not prove to be accurate, that assumptions may not be correct and that objectives, strategic goals and priorities will not be achieved. These risks and uncertainties include but are not limited to the ability to raise adequate financing, receipt of required approvals, as well as those risks and uncertainties identified and reported in Red Metal's public filings under its SEDAR+ profile at . Although Red Metal has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Red Metal disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise unless required by law.
前瞻性陈述 - 本新闻稿中的所有陈述都属于适用证券法律规定含义下的"前瞻性信息",除了历史事实陈述之外。Red Metal提供前瞻性陈述,旨在传达有关目前期望和计划的信息,涉及未来的读者应当注意,此类陈述可能不适用于其他目的。根据其本质,此信息受一般或具体的固有风险和不确定性的影响,这些风险和不确定性可能导致预期、预测、预测、预测或结论不准确,假设可能不正确,目标、战略目标和优先事项可能无法实现。这些风险和不确定性包括但不限于筹集充足资金的能力,获得所需批准的能力,以及在Red Metal的SEDAR+资料档案中识别和报告的那些风险和不确定性。尽管Red Metal已经尽力确定可能导致与前瞻性信息中描述的行动、事件或结果不同的重要因素,但可能存在导致行动、事件或结果与预期、估计或意图不同的其他因素。不能保证此类信息将被证明准确,因为实际结果和未来事件可能会与此类陈述中预期的情况不同。Red Metal否认有意或有义务更新或修订任何前瞻性信息,除非法律要求。