Hemlo Explorers Provides Update on Pic Project Option
Hemlo Explorers Provides Update on Pic Project Option
Figure 1
圖1
Figure 2
圖2
Figure 3
圖3
TORONTO, Oct. 11, 2023 (GLOBE NEWSWIRE) -- Hemlo Explorers Inc. (the "Company") (TSXV: HMLO) is pleased to update its shareholders on the progress made by Barrick Gold ("Barrick") on the Pic Project optioned from the Company for the six months ended June 30, 2023. Barrick is currently earning into the Pic Project as announced in the Company's press release dated August 29, 2022.
多倫多,2023年10月11日(Global Newswire)--Hemlo Explorers Inc.(以下簡稱“公司”)(多倫多證券交易所股票代碼:HMLO)欣然向股東通報Barrick Gold(“Barrick”)在截至2023年6月30日的六個月中從公司手中購得的Pic專案的進展情況。巴裡克公司在2022年8月29日的新聞稿中宣佈,巴裡克公司目前正在為Pic專案賺錢。
In the quarter ended June 30, 2023, Barrick's exploration team executed till sampling across the northern portion of the Pic Project in the Beggs Lake area. A widespread soil sampling program was also conducted across the eastern portion of the Pic Project, covering the Wire Lake area. Barrick received assay results from re-logged and re-sampled historic core.
在截至2023年6月30日的季度裡,巴裡克的勘探團隊在貝格斯湖地區的Pic專案北部進行了採樣。還在Pic專案的東部進行了一項廣泛的土壤採樣計劃,覆蓋了Wire Lake地區。巴裡克收到了重新錄井和重新採樣的歷史岩心的化驗結果。
The Barrick team is focused on underexplored areas within the Pic Project, looking for anomalous metal values within overlying material that has not been transported too far from source. Till sampling focused on the Beggs Stock area and southward toward Page Lake (Figure 1). A close-up of the sample stations and resulting number of gold grains discovered in each 10 kg sample is displayed in Figure 2. Three areas were identified for follow-up till sampling over a tighter-spaced grid (red ellipses), with those results still outstanding. Assay results from all till samples are also pending. The Barrick team also mapped areas identified as anomalous by the initial till sampling program, and sampled 218 outcrops. The grab samples were sent for assay and results are pending.
巴裡克團隊專注於Pic專案中未被勘探的區域,在上復材料中尋找未被運輸到離源頭太遠的異常金屬價值。直到採樣集中在貝格斯庫存區,並向南向佩奇湖(圖1)。圖2顯示了採樣站的特寫以及在每10公斤樣本中發現的金粒數量。確定了三個區域進行後續行動,直到在更緊密的網格(紅色省略號)上進行採樣,但這些結果仍然懸而未決。所有樣本的化驗結果也在等待中。巴裡克團隊還繪製了被最初的TIL採樣程式確定為異常的區域,並對218個露頭進行了採樣。抓取的樣本已被送往化驗,結果尚待公佈。
Soil sampling covered an area surrounding the Wire Lake intrusion and mineralized zones, along the eastern side of the greenstone belt (Figure 1). The majority of soils were sampled from the "B" horizon focusing mainly on the Archean metavolcanics within the greenstone belt, and some soils taken above the neighbouring Gowan Lake pluton. Soil sample assays are also pending.
土壤採樣覆蓋了沿綠巖帶東側的鐵線湖侵入帶和礦化帶周圍的區域(圖1)。大部分土壤來自“B”層,主要集中在綠巖帶內的太古宙變火山岩,以及鄰近的戈灣湖巖體上方的一些土壤。土壤樣本分析也在等待進行。
Mr. Brian Howlett, CEO of Hemlo Explorers commented, "Barrick's commitment to exploring the Pic Project, both known targets as well as more under-explored areas is extremely encouraging. The team is covering the project area with robust, tried and tested mapping, till, and soil sampling programs, and we are excited to learn of their results. It's notable that Barrick committed to spending $800,000 in the first year of exploration, and have exceeded that amount significantly by spending over $1.7 million in the first ten months since signing the option agreement."
Hemlo Explorers首席執行官Brian Howlett先生評論說:“Barrick致力於勘探Pic專案,包括已知目標和勘探不足的區域,這是非常令人鼓舞的。團隊正在為專案區域提供強大的、經過試驗和測試的測繪、耕作和土壤採樣專案,我們很高興瞭解到他們的結果。值得注意的是,Barrick承諾在勘探的第一年花費80萬美元,自簽署選項協定以來,在前十個月花費了超過170萬美元,大大超過了這一數額。”
Technical Information
技術資訊
Dr. Lesley Rose, P.Geo., Senior Exploration Geologist for the Company, is the "Qualified Person" as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects, responsible for the accuracy of technical information contained in this news release.
萊斯利·羅斯博士,P.Geo,公司高級勘探地質師,是美國國家儀器43-101定義的“合格人員”《礦產專案資訊披露標準》,對本新聞稿中包含的技術資訊的準確性負責。
About Hemlo Explorers Inc.
關於Hemlo Explorers Inc.
Hemlo Explorers is a Canadian-based mineral exploration company with a portfolio of properties in Ontario and Nunavut. We are focused on generating shareholder value through the advancement of our main Hemlo area, including Project Idaho, the Pic and North Limb Projects.
Hemlo Explorers是一家總部位於加拿大的礦產勘探公司,在安大略省和努納武特擁有一系列資產。我們專注於通過推進我們主要的Hemlo地區的發展來創造股東價值,包括愛達荷州專案、Pic和North Limb專案。
For more information please contact:
Brian Howlett, President & CEO
Hemlo Explorers Inc.
brian@hemloexplorers.ca
1-647-227-3035
如需更多資訊,請聯繫:
總裁首席執行官布萊恩·豪利特
赫姆洛探險家公司
郵箱:Brian@hemloExplorers.ca
1-647-227-3035
Forward-Looking Information
前瞻性資訊
Certain information set forth in this news release may contain forward-looking information that involve substantial known and unknown risks and uncertainties, including, but not limited to, exploration results, potential mineralization, statements relating to mineral resources, the advancement of the Pic Project and the Company's plans with respect to the exploration and development of its properties. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of the Company, including, but not limited to, the impact of general economic conditions, industry conditions, volatility of commodity prices, risks associated with the uncertainty of exploration results and estimates, currency fluctuations, dependency upon regulatory approvals, due diligence risks, the uncertainty of obtaining additional financing, exploration risk and Covid-19 pandemic related orders. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking information. The Company does not undertake to update such forward-looking information except as required by applicable securities laws.
本新聞稿中陳述的某些資訊可能包含涉及大量已知和未知風險和不確定性的前瞻性資訊,這些風險和不確定性包括但不限於勘探結果、潛在礦化、與礦產資源有關的陳述、PIC專案的進展以及公司有關其資產勘探和開發的計劃。這些前瞻性聲明會受到大量風險和不確定性的影響,其中某些風險和不確定性是公司無法控制的,這些風險和不確定性包括但不限於總體經濟狀況、行業狀況、大宗商品價格的波動、與勘探結果和估計的不確定性相關的風險、匯率波動、對監管部門批准的依賴、盡職調查風險、獲得額外融資的不確定性、勘探風險以及與新冠肺炎大流行相關的訂單。請讀者注意,編制這類資訊時使用的假設雖然在編制時被認為是合理的,但可能被證明是不準確的,因此不應過度依賴前瞻性資訊。除適用的證券法要求外,公司不承諾更新此類前瞻性資訊。
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
多倫多證券交易所創業板交易所及其監管服務提供商(該術語在多倫多證券交易所的政策中定義)均不對本新聞稿的充分性或準確性承擔責任。