Europacific Plans 1,000 Meter Drill Program at Miguel Vacas Copper Project, in Southern Portugal
Europacific Plans 1,000 Meter Drill Program at Miguel Vacas Copper Project, in Southern Portugal
VANCOUVER, BC / ACCESSWIRE / December 13, 2023 / Europacific Metals Inc. (TSXV:EUP) (the "Company" or "Europacific") is pleased to announce the planning of a 1,000-meter drilling program at its advanced Miguel Vacas Copper project. It lies approximately 180km east by road from Lisbon and approximately 70km east from Évora, the Alentejo region capital. It is close (< 10km) to the small towns of Estremoz, Borba, Vila Viçosa and Alandroal.
不列顛哥倫比亞省溫哥華/ACCESSWIRE/2023 年 12 月 13 日/歐洲太平洋金屬公司(多倫多證券交易所股票代碼:EUP)(“公司” 或 “歐洲太平洋”)欣然宣佈計劃在其先進的米格爾·瓦卡斯銅礦項目中進行1,000米的鑽探計劃。它位於里斯本以公路向東約180公里處,距阿連特茹地區首府埃武拉以東約70公里。它靠近埃斯特雷莫斯、博爾巴、維拉維科薩和阿蘭德羅等小鎮(
European Electric Metals Inc., a EuroPacific company ("EVX"), owns a 100% interest in EVX Portugal, a private Portugal based company, that holds the legal exploration rights with the Portugal Government on the Borba 2 ("Borba 2") exploration properties, covering approximately 328 square kilometers in the Alentejo region in Southern Portugal. Miguel Vacas is the most advanced prospect within the Borba 2 license.
歐洲電氣金屬公司是一家歐洲太平洋公司(“EVX”),擁有葡萄牙私營公司EVX Portugal的100%權益,該公司擁有葡萄牙政府對Borba 2(“Borba 2”)勘探地產的合法勘探權,該地產佔地約328平方公里,位於葡萄牙南部阿連特茹地區。米格爾·瓦卡斯是Borba 2許可證中最先進的潛在客戶。
Miguel Vacas open pit copper deposit produced 1.9 million pounds of copper from the oxide zone of a shear zone in schists at least 2,000 meters along strike and 10 to 20 meters in width. Drilling priority has been put into this prospect and preparations have been made for initiation of a 1,000m campaign in 11 holes in early 2024. All relevant authorizations from the public authorities are currently being acquired.
米格爾·瓦卡斯露天銅礦牀從片岩剪切帶的氧化區生產了190萬磅的銅,沿走向至少2,000米,寬度爲10至20米。該前景的鑽探工作已被列爲優先事項,並已爲2024年初在11個孔中啓動1,000米的鑽探活動做了準備。目前正在獲得公共當局的所有相關授權。
Borba 2 projects have a well-documented potential to host precious and base metals mineralization often enhanced by the presence of abundant Au and /or Cu mineral occurrences in shear zones hosted in Devonian and Silurian metasediments and in epithermal systems associated with intra-Ordovician volcanics.
有據可查的Borba 2項目具有儲存貴金屬和基本金屬礦化的潛力,這通常是因爲泥盆紀和志留紀變沉積物中的剪切帶以及與奧陶紀內部火山岩相關的超熱系統中存在豐富的金和/或銅礦物,從而增強了礦化。
Mr. Karim Rayani, Chief Executive Officer commented, "The reinterpretation and geological modelling along with sampling from last year's exploration program generated a very compelling drill model target at Miguel Vacas. Eleven holes are now being planned to confirm the extensions and quality of the oxidized blanket amenable for an open pit heap leaching operation. The immediate goal is to come to market with an initial resource estimation - which if confirmed may enable a successful operation in the short term while the sulfide parts of the system are assessed by deeper drilling at a later stage. We look forward to reporting back on the start date of drill operations early 2024."
首席執行官卡里姆·拉亞尼先生評論道,”重新解釋和地質建模以及去年勘探計劃的採樣在米格爾·瓦卡斯生成了一個非常引人注目的鑽探模型目標。目前正在計劃打11個洞,以確認適用於露天堆浸作業的氧化毯的延伸和質量。近期目標是將初步的資源估算推向市場——如果得到證實,這可能會在短期內成功運行,而系統的硫化物部分則需要在稍後階段通過更深的鑽探進行評估。我們期待着報告2024年初鑽探作業的開始日期。”
Miguel Vacas- Past Producing Copper Mine
米格爾·瓦卡斯——過去生產銅礦
The Rio Tinto group explored the area for epithermal gold deposits during the early 1980's. They were followed by Carnon Holdings Ltd in the early 1990's, by Auvista Minerals during the period 1996-1998, by Rio Narcea Gold Mines in a JV with Kernow Resources (2005-2007) and more recently by Colt Resources until 2017.
力拓集團在20世紀80年代初在該地區勘探了超熱液金礦牀。緊隨其後的是20世紀90年代初的卡農控股有限公司,1996-1998年期間的Auvista Minerals,與Kernow Resources合資的Rio Narcea金礦(2005-2007年),以及最近Colt Resources直到2017年。
The Miguel Vacas mine was an open pit copper mine last operated in 1986 by heap leaching methods. Records show that between the 1920's and 1990, 346 068 tonnes of oxide copper mineralization were reportedly mined but due to poor recovery only 895 tonnes of copper metal were produced. Copper grades ranged from 0.6 to 0.7% in the early years of the operation but later reached up to 1.4%. The immediate objective is to drill test the overall potential of the vein system so a minimum economic resource can be outlined which could be put into production quickly in a small/medium size operation.
米格爾·瓦卡斯礦是一座露天銅礦,最後一次使用堆浸法運營是在1986年。記錄顯示,在20世紀20年代至1990年之間,據報道開採了346 068噸氧化銅礦化物,但由於回收率不佳,只生產了895噸銅金屬。在運營的最初幾年,銅的品位從0.6%到0.7%不等,但後來達到1.4%。近期目標是鑽探測試礦脈系統的整體潛力,從而可以概述最低限度的經濟資源,這些資源可以在小型/中型作業中快速投入生產。
Historical near surface drilling (60 to 71.63m) intercepted 1.79% Cu over 10.54m including 2.29% Cu over 7.30m. An in-house resource estimation based on 20 historical holes carried out by Rio Narceia came up with a total of 1.2Mt @ 1.23% Cu for the supergene blanket and 4.4Mt @ 1.24% Cu for the sulphide ore, respectively from 0 to 80m and >80m to 250m over a drilled strike length of approximately 1.1km. The mineralized system extends on at least 2km along strike and is open at depth. The mineralization consists of polyphase copper mineralization hosted by an epithermal breccia and vein-type structures in a major shear zone. It includes shallow (above 80m) supergene blanket with Malachite [(CuCo3Cu(OH)], Libethenite (Cu2OHPO4), Crisocola (CuSiO3,2H2O), Atacamite (Cu2OHCl) and Covelite (CuS). Below this zone is the primary sulphide ore consisting of Chalcopyrite and Pyrite essentially.
歷史上的近地表鑽探(60至7163米)在1,054米處截獲了1.79%的銅,其中在730米處截獲了2.29%的銅。根據里奧納塞亞進行的20個歷史鑽孔進行的內部資源估計,在大約1.1千米的鑽探長度內,超級基因層的總銅含量爲120萬噸,銅含量爲1.23%,硫化物礦石的銅含量分別爲0至80米和>80米至250米。礦化系統沿走向延伸至少 2 千米,深度開放。礦化由多相銅礦化組成,由主剪切帶中的超熱角礫岩和礦脈型結構承載。它包括淺層(80米以上)的超基因覆蓋層,其中含有孔雀石 [(CuCO3Cu(OH)]、Libethenite(Cu2OHPO4)、Crisocola(CuSiO3,2H2O)、Atacamite(Cu2OHCL)和Covelite(CuS)。該區域下方是主要的硫化物礦石,主要由黃銅礦和黃鐵礦組成。
Highlights of the mineralized intercepts are depicted in the table below:
下表描繪了礦化截距的亮點:
During the next two seasons, EuroPacific Metals plans to conduct a robust exploration project on the concession. This will include geological mapping and rock-soil sampling, as well as IP and/or EM over selected areas. Miguel Vacas will be a primary target and a plan has been made to start a drill program involving 1,000m of drilling.
在接下來的兩個季節中,EuroPacific Metals計劃在該特許權上進行一項強有力的勘探項目。這將包括地質測繪和岩土取樣,以及選定區域的IP和/或EM。米格爾·瓦卡斯將成爲主要目標,並已計劃啓動一項涉及1,000米鑽探的鑽探計劃。
The current drilling program will be focused on the investigation of the copper corridor envisages an initial, "surgical" drilling program with the following objectives:
當前的鑽探計劃將側重於銅走廊的調查,該計劃設想了初步的 “外科手術” 鑽探計劃,目標如下:
- confirmation drilling (2-3 holes) of high-grade zones from old reports and expand the "mining widths" to a more substantial target size of the main drilled area covering a strike length of 1.1km of the mineralized shear zone;
- infill drilling with a 100 X 100m grid to produce an initial reliable mineral resource estimation (Inferred category) of the supergene heap leachable copper blanket (0 - 80m depth) over the same mineralized length.
- 確認對舊報告中的高品位區域進行鑽探(2-3個孔),並將 “採礦寬度” 擴大到更大的目標面積,覆蓋礦化剪切帶的走向長度爲1.1千米;
- 使用 100 X 100 米的網格進行填充鑽探,對相同礦化長度的超級基因堆浸銅層(0-80 米深度)進行初步可靠的礦產資源估算(推斷類別)。
This campaign will enable a more ambitious planning for a larger drilling program, should the results be positive, aiming both the expansion of the resource fort the whole of the strike extension of the mineralized system of the supergene ore along with the strike (> 2.0km), and depth extensions of the sulphide ore.
如果結果良好,該活動將爲更大規模的鑽探計劃提供更雄心勃勃的規劃,目標是擴大資源堡壘,擴大超級基因礦石礦化系統的整個走向(> 2.0km),以及擴大硫化物礦石的深度。
Granting of Incentive Stock Options
The Company also announces that pursuant to its stock option plan, it has granted incentive stock options to purchase up to 2,000,000 common shares of the Company to certain directors, officers, and consultants. Each stock option is exercisable at a price of 5 cents a share for a period of 5 years. The Stock options will vest immediately.
授予激勵性股票期權
該公司還宣佈,根據其股票期權計劃,它已向某些董事、高級管理人員和顧問授予激勵性股票期權,以購買公司最多2,000,000股普通股。每份股票期權可按每股5美分的價格行使,爲期5年。股票期權將立即歸屬。
Qualified Person
Jose Mario Castelo Branco, P.Geo., Vice President Exploration, is a "Qualified Person" for the purposes of NI 43-101, and he has reviewed and approved the scientific and technical disclosure contained in this news release. Technical information in this Press Release has been prepared in accordance with National Instrument 43-101 and approved for inclusion by Mr. José Mario Castelo Branco, EuroGeol, who is a "qualified person" with over 35 years' experience in the Exploration and Mining Geology industry. Mr. Castelo Branco holds a B.Sc. in Geology from the University of Porto in Portugal. He is also a member of the Portuguese Association of Geologists, the European Federation of Geologists, Member of the Prospectors and Developers of Canada, the Society of Economic Geologists and the Society for Geology Applied to Mineral Deposits.
合格人員
就NI 43-101而言,P.Geo.,勘探副總裁何塞·馬里奧·卡斯特洛·布蘭科是 “合格人士”,他已經審查並批准了本新聞稿中包含的科學和技術披露。本新聞稿中的技術信息是根據國家儀器43-101編制的,並經EuroGeol的何塞·馬里奧·卡斯特洛·布蘭科先生批准納入其中,他是一位在勘探和採礦地質行業擁有超過35年的經驗的 “合格人士”。卡斯特洛·布蘭科先生擁有葡萄牙波爾圖大學地質學學士學位。他還是葡萄牙地質學家協會、歐洲地質學家聯合會的成員、加拿大探礦者和開發者協會的成員、經濟地質學家協會和礦牀應用地質學會的成員。
About Europacific Metals Inc
Europacific Metals Inc. is a Canadian public company listed on TSXV and in US on OTCQB. The Company holds brownfield gold, and copper-gold projects located in Portugal. The Company is focused on exploration in highly prospective geological settings in Europe and Eurasian jurisdictions.
關於歐洲太平洋金屬公司
歐洲太平洋金屬公司是一家加拿大上市公司,在多倫多證券交易所上市,在美國OTCQB上市。該公司持有位於葡萄牙的棕地黃金和銅金項目。該公司專注於在歐洲和歐亞司法管轄區極具前景的地質環境中進行勘探。
On behalf of the Board of Directors
Karim Rayani
Chief Executive Officer, Director
代表董事會
卡里姆·拉亞尼
首席執行官、董事
For further information please contact:
欲了解更多信息,請聯繫:
Europacific Metals Inc.
Mr. Karim Rayani, Chief Executive Officer
11th Floor - 1111 Melville Street
Vancouver, BC V6E 3V6
E: k@r7.capital
歐洲太平洋金屬公司
首席執行官卡里姆·拉亞尼先生
11第四 樓層-梅爾維爾街 1111 號
不列顛哥倫比亞省溫哥華 V6E 3V6
E: k@r7.capital
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.
多倫多證券交易所風險投資交易所及其監管服務提供商(該術語在多倫多證券交易所風險投資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。
This news release contains "forward-looking information" within the meaning of applicable securities laws relating to the exploration potential of the Company's properties. Generally forward-looking statements can be identified by the use of terminology such as "anticipate", "will", "expect", "may", "continue", "could", "estimate", "forecast", "plan", "potential" and similar expressions. These forward-looking statements involve risks and uncertainties relating to, among other things, results of future exploration and development activities, uninsured risks, regulatory changes, defects in title, availability of materials and equipment, timeliness of government approvals, changes in commodity prices and unanticipated environmental impacts on operations. Although the Company believes current conditions and expected future developments and other factors that have been considered are appropriate and that the expectations reflected in this forward-looking information are reasonable, undue reliance should not be placed on them because the Company can give no assurance that they will prove to be correct or enduring. Readers are cautioned to not place undue reliance on forward-looking information. The statements in this press release are made as of the date of this release. Except as required by law, the Company does not undertake any obligation to update publicly or to revise any forward-looking statements that are contained or incorporated in this press release. All forward-looking statements contained in this press release are expressly qualified by this cautionary statement. The readers should not rely on any historical estimates. The Company and the QP has not done sufficient work to classify historical estimate as a current resource. Company is not treating the historical estimate as a current resource. Additional work including drilling will be required to verify and upgrade historical estimates.
本新聞稿包含適用證券法所指與公司物業勘探潛力有關的 “前瞻性信息”。通常,前瞻性陳述可以通過使用 “預期”、“將”、“預期”、“可能”、“繼續”、“可能”、“估計”、“預測”、“計劃”、“潛力” 等術語和類似的表述來識別。這些前瞻性陳述涉及風險和不確定性,除其他外,涉及未來勘探和開發活動的結果、未投保的風險、監管變化、所有權缺陷、材料和設備的可用性、政府批准的及時性、大宗商品價格的變化以及對運營的意外環境影響。儘管公司認爲當前狀況和預期的未來發展以及已經考慮的其他因素是適當的,並且這些前瞻性信息中反映的預期是合理的,但不應過分依賴這些預期,因爲公司無法保證這些預期會被證明是正確或持久的。提醒讀者不要過分依賴前瞻性信息。本新聞稿中的聲明是截至本新聞稿發佈之日發表的。除非法律要求,否則公司不承擔任何義務公開更新或修改本新聞稿中包含或納入的任何前瞻性陳述。本新聞稿中包含的所有前瞻性陳述均受本警示聲明的明確限制。讀者不應依賴任何歷史估計。該公司和QP在將歷史估算歸類爲當前資源方面做得還不夠。公司沒有將歷史估計值視爲當前資源。需要進行包括鑽探在內的其他工作來驗證和升級歷史估計。
SOURCE: Europacific Metals Inc.
來源:歐洲太平洋金屬公司