Showcase Minerals Receives Final BLM Approval for Its Exploration Drill Program at Its Dixie Flats-North Star Project in Nevada
Showcase Minerals Receives Final BLM Approval for Its Exploration Drill Program at Its Dixie Flats-North Star Project in Nevada
Calgary, Alberta--(Newsfile Corp. - March 15, 2024) - Showcase Minerals Inc. (CSE: SHOW) (FSE: ZJ0) ("Showcase") is pleased to announce that the U.S. Bureau of Land Management has approved the bond rider for its planned 12-hole drill program anticipated to cover 11,985 feet (3,653 m) in length on its Dixie Flats-North Star Gold Project located in Elko County, Nevada. The bond approval will enable drill site construction and drilling to begin. Showcase intends to complete an initial two-hole program of approximately 1500 feet (457 m). The target for both holes is gold mineralization at the contact of Webb Formation shales with the underlying Devils Gate limestone and a modeled northeasterly fault. The holes will be angled to adequately test the contact in the projected vicinity of this fault. Drilling is anticipated to begin in April. The remaining ten sites will be completed pending these initial results.
艾伯塔省卡爾加里--（Newsfile Corp.，2024年3月15日）——Showcase Minerals Inc.（CSE：SHOW）（FSE：ZJ0）（“Showcase”）欣然宣佈，美國土地管理局已批准其計劃中的12孔鑽探計劃的債券附加條款，該項目預計將覆蓋位於內華達州埃爾科縣的Dixie Flats-North Star黃金項目的長度爲11,985英尺（3,653米）。債券的批准將使鑽井現場的建設和鑽探得以開始。Showcase打算完成最初的大約1500英尺（457米）的兩洞項目。這兩個鑽孔的目標是Webb Formation 頁岩與地下魔門石灰石和模擬的東北斷層接觸處的金礦化。將調整孔的角度，以充分測試該斷層預計附近的接點。鑽探預計將於4月開始。剩下的十個場地將完工，等待初步結果。
The drill targets have been identified using analysis of 53 historic drillholes, localized geologic mapping, surface sampling Controlled Source Audio Magnetotelluric (CSAMT) surveys, seismic, and gravity surveys. A clear trend of mineralization near to historic drilling has been identified, which aligns with the regional trend of mineralization of the Rain Mine to the northwest and the Dark Star Deposit approximately 1.5 miles south of the southwest end of the Dixie Flats-North Star claim block. This drill program is designed to expand the known ore body near previous high-grade intercepts and then extend the ore body along strike of identified structures.
鑽探目標是通過對53個歷史鑽孔的分析、局部地質測繪、地表採樣受控源音頻大地電磁（CSAMT）調查、地震和重力測量來確定的。在歷史鑽探附近已經確定了明顯的礦化趨勢，這與西北部的雨礦和位於Dixie Flats-North Star索賠區塊西南端以南約1.5英里處的暗星礦牀的區域礦化趨勢一致。該鑽探計劃旨在將已知礦體擴展到先前的高品位截距附近，然後沿着已識別結構的走向擴展礦體。
About the Dixie Flats-North Star Gold Project:
關於 Dixie Flats-North Star Gold 項目：
The Dixie Flats-North Star Property (the "Property" or "Dixie Flats") is located on the east side of the Piñon Mountains, 21 air-miles south of the City of Elko in northeast Nevada. It is a combination of two claim blocks, the Dixie Flats group of claims and the North Star group of claims. The Property is comprised of a total of 236 total unpatented mineral claims on Federal land administered by the US Bureau of Land Management ("BLM").
Dixie Flats-North Star地產（“房產” 或 “Dixie Flats”）位於皮諾山脈的東側，位於內華達州東北部埃爾科市以南21英里處。它是兩個索賠區塊的組合，即Dixie Flats索賠組和北極星索賠組。該物業由美國土地管理局（“BLM”）管理的聯邦土地上總共236份未獲得專利的礦產索賠組成。
The Property lies on the southern margin of the Carlin Trend, a northwest-trending belt of sediment-hosted gold deposits that makes up the greatest geographic concentration of gold deposits in North America, with reported production of more than 92.5 million ounces of gold since 1961 (Muntean, 2019). The Dixie Flats-North Star Property is underlain by rocks known to host gold mineralization on the Carlin Trend, and surface sampling has shown anomalous gold, silver, arsenic, antimony, and mercury levels in rock, soil, and biogeochemical samples from the Property, which is a characteristic geochemical signature of Carlin-Type gold deposits.
該地產位於卡林趨勢的南緣，卡林趨勢是沉積物中金礦牀的西北走向，是北美金礦牀地理集中度最高的地理區域，自1961年以來報告的黃金產量超過9,250萬盎司（Muntean，2019年）。Dixie Flats-North Star地產以卡林趨勢中已知具有金礦化的岩石爲基礎，地表採樣顯示，該地產的岩石、土壤和生物地球化學樣本中的金、銀、砷、銻和汞含量異常，這是卡林型金礦牀的典型地球化學特徵。
The Dixie Flats-North Star Gold Project is approximately three miles south of Newmont Mining Company's Emigrant Springs Mine, which finished production in 2018, and approximately 4.5 miles southeast of the past producing Rain Mine. Both deposits are hosted in dissolution breccia zones at the contact between the Webb mudstone, the basal unit of the overlying assemblage, and the underlying Devils Gate limestone. Prior exploration on the Dixie Flats-North Star Property has been focused on delineating this contact at depth and discovering possible extensions to the regional structures controlling mineralization at the Rain and Emigrant Mines and their demonstrated extension to the Dixie Flats-North Star Property. The information on the adjacent projects is taken from publicly available sources and is not necessarily indicative of the mineralization on the Dixie Flats-North Star Property.
Dixie Flats-North Star黃金項目位於紐蒙特礦業公司的Emigrant Springs礦以南約三英里處，該礦於2018年完工，距離過去生產雨礦的東南約4.5英里。這兩個沉積物都位於溶解角礫岩區，位於上覆組成的基礎單元韋伯泥岩和地下魔門石灰石的接觸處。先前對Dixie Flats-North Star地產的勘探重點是描繪這種深度接觸，並發現控制雨礦和移民礦化的區域結構的可能延伸部分及其對Dixie Flats-North Star地產的演示延伸。有關鄰近項目的信息來自公開來源，並不一定表示Dixie Flats-North Star地產的礦化情況。
Additional information on the Dixie Flats-North Star Gold Project can be found in the National Instrument 43-101 ("NI 43-101") technical report entitled "Technical Report on the Dixie Flats-North Star Gold Exploration Property", Elko, Nevada, dated September 21, 2022, which has been filed on SEDAR at .
有關Dixie Flats-North Star黃金項目的更多信息，可在內華達州埃爾科於2022年9月21日向SEDAR提交的國家儀器43-101（“NI 43-101”）題爲 “迪克西弗拉特斯-北極星黃金勘探地產技術報告” 的技術報告中找到。
Qualified Person:
合格人員：
Mr. Steve McMillin, M.Sc., C.P.G. is a qualified person as defined by National Instrument 43-101 and has reviewed and approved the technical information in this news release.
CPG. 理學碩士史蒂夫·麥克米林先生是美國國家儀器43-101定義的合格人士，他已審查並批准了本新聞稿中的技術信息。
About Showcase Minerals Inc.
關於展示礦業公司
Showcase is a Canadian mineral exploration company with an exclusive option to acquire a 100% interest in Dixie Flats-North Star Gold Project and the Woodruff Gold-Vanadium Project (subject to various net smelter returns royalties ranging from 2.25% to 4.25%), which collectively consist of unpatented 254 lode mining claims covering approximately 1,818 hectares located in Elko County, Nevada.
Showcase是一家加拿大礦產勘探公司，擁有收購Dixie Flats-North Star金礦項目和伍德拉夫金釩項目的100％權益的獨家選擇權（需繳納從2.25％到4.25％不等的各種冶煉廠淨回報特許權使用費），這兩個項目共包括未獲得專利的254個礦脈採礦索賠，佔地約1,818公頃，位於內華達州埃爾科縣。
For further information, please contact:
欲了解更多信息，請聯繫：
Kirk Reed, President
Showcase Minerals Inc.
Telephone: 1-800-982-0670
柯克·裏德，總裁
展示礦業公司
電話：1-800-982-0670
Neither the CSE nor its Market Regulator (as that term is defined in CSE policies) accepts responsibility for the adequacy or accuracy of this news release.
CSE及其市場監管機構（該術語在CSE政策中定義）均不對本新聞稿的充分性或準確性承擔責任。
Not for distribution to United States newswire services or for dissemination in the United States.
不用於分發給美國新聞通訊社或在美國傳播。