Sokoman Minerals Signs LOI With Campden Hill Holdings Pty Ltd on the Iron Horse Property, Labrador
Sokoman Minerals Signs LOI With Campden Hill Holdings Pty Ltd on the Iron Horse Property, Labrador
ST.JOHN'S, NL / ACCESSWIRE / April 4, 2024 / Sokoman Minerals Corp. (TSXV:SIC)(OTCQB:SICNF) ("Sokoman" or the "Company") is pleased to report that pending TSX Venture approval it has agreed, pursuant to a Letter of Intent (LOI) with Australian-based, private company Campden Hill Holdings Pty Ltd (Campden Hill), to provide Campden Hill with an option to purchase the Iron Horse property (the "Property") from Sokoman Minerals Corp. Campden Hill is controlled by an investment group with experience in mineral exploration and investment in multiple jurisdictions globally, including more than a decade in investing across various commodities in Canada.
荷蘭聖約翰/ACCESSWIRE/2024年4月4日/索科曼礦業公司(多倫多證券交易所股票代碼:SIC)(OTCQB: SICNF)(“Sokoman” 或 “公司”)欣然宣佈,根據與總部位於澳大利亞的私營公司坎普登希爾控股有限公司(坎普登希爾)簽訂的意向書(LOI),在多倫多證券交易所風險投資獲得批准之前,它已同意向坎普登提供坎普登希爾控股有限公司(Campden Hill)希爾可以選擇從索科曼礦業公司購買鐵馬房產(“房產”)坎登希爾由一家在多個司法管轄區擁有礦產勘探和投資經驗的投資集團控制在全球範圍內,包括在加拿大投資各種大宗商品的十多年。
The Property is in the eastern portion of the Labrador Trough, Canada's most prolific iron ore producing region. The Property is host to significant iron deposits and has critical mineral showings of uranium and rare earth elements (REEs).
該物業位於加拿大鐵礦石產量最高的拉布拉多槽的東部。該物業擁有大量的鐵礦牀,並有重要的鈾和稀土元素(REE)礦物展示。
The Property was staked in 2011 as a joint venture between Golden Dory Resources (now Sokoman Minerals Corp.) and Metals Creek Resources ("Metals Creek") to evaluate the uranium potential of the area. Initial prospecting identified iron ore potential, and in 2012, Sokoman acquired 100% ownership (subject to net smelter return royalties) from Metals Creek. Diamond drilling (eight holes) testing the iron ore potential intersected significant thicknesses of iron mineralization as taconite, including a 354 m intercept grading ~28% Fe. Direct Shipping Ore (DSO) potential was also noted, with assays of 53% Fe from parts of the Property. Following the extended decline in iron ore prices over the past decade, the iron ore exploration was ended and the Property was placed on care and maintenance as a non-core asset.
該物業於2011年作爲Golden Dory Resources(現爲索科曼礦業公司)和金屬溪資源(“Metals Creek”)的合資企業入股,旨在評估該地區的鈾潛力。最初的勘探確定了鐵礦石的潛力,2012年,索科曼從Metals Creek收購了100%的所有權(受冶煉廠淨回報特許權使用費的限制)。金剛石鑽探(八個孔)測試鐵礦石的潛力,與鐵角巖相交了相當厚度的鐵礦化,包括354米的截距,品位約爲28%。還注意到直接運輸礦石(DSO)的潛力,對部分房產的53%鐵進行了化驗。在過去十年中,鐵礦石價格持續下跌,鐵礦石勘探結束,該物業作爲非核心資產進行了保養和維護。
Timothy Froude, P. Geo., President and CEO of Sokoman, states: "We are happy to have found a quality partner for the Iron Horse project. We look forward to working with Campden Hill, including offering logistical and technical support, to evaluate and advance the Property. This transaction allows Sokoman to remain focused on its flagship gold projects at Moosehead and Fleur de Lys and continue its strategy of finding quality partners to share the risk and reward on its other holdings. This strategy follows the recent deal for the former Golden Hope Project (now Killick Lithium) and four other property deals with various partners across Newfoundland."
Sokoman總裁兼首席執行官蒂莫西·弗勞德P.Geo表示:“我們很高興爲Iron Horse項目找到了優質的合作伙伴。我們期待與坎登希爾合作,包括提供後勤和技術支持,以評估和推進該物業的發展。這筆交易使Sokoman能夠繼續專注於其在Moosehead和Fleur de Lys的旗艦黃金項目,並繼續其尋找優質合作伙伴以分擔其他持股風險和回報的戰略。該戰略遵循了最近與前金希望項目(現爲Killick Lithium)達成的協議,以及與紐芬蘭各地的不同合作伙伴達成的其他四項房地產協議。”
James Thompson, Director of Campden Hill, states: "We are pleased to be able to work with the Sokoman team as we look to further explore and develop the Iron Horse project in conjunction with our neighbouring land package in Labrador."
坎登希爾董事詹姆斯·湯普森表示:“我們很高興能夠與Sokoman團隊合作,我們希望進一步探索和開發鐵馬項目以及鄰近的拉布拉多土地一攬子計劃。”
The letter agreement (the "Agreement") describes the terms upon which Sokoman Minerals Corp. (the "Optionor" or "Sokoman") has agreed to provide Campden Hill Holdings Pty Limited (the "Optionee"), or its permitted transferee, with an option to acquire 100% of the Iron Horse Property in Labrador, Canada, 23 claims held by Sokoman, more particularly described as follows:
書面協議(“協議”)描述了索科曼礦業公司(“期權人” 或 “索科曼”)同意向坎普登希爾控股私人有限公司(“期權持有人”)或其允許的受讓人提供收購加拿大拉布拉多鐵馬財產100%股權的期權的條款,具體描述如下:
1. Summary of Terms of Option;
1。期權條款摘要;
Subject to the satisfaction of the terms and conditions of this Agreement, the Optionor agrees to provide the Optionee with the option to purchase, all right, title and interest in, the Property (the "Option"), subject to underlying NSR obligations. During the term of this Agreement, all expenditures and reports required to maintain the Property in good standing will be the responsibility of the Optionee.
在滿足本協議的條款和條件的前提下,期權持有人同意向期權持有人提供購買該財產(“期權”)的所有權利、所有權和權益的選擇權,但須遵守基本的NSR義務。在本協議期限內,維持財產良好信譽所需的所有支出和報告將由期權持有人負責。
The aggregate price to exercise the Option is three hundred thousand Canadian dollars (CAD$300,000) with potential for a future bonus payment of up to CAD$500,000 which will be payable by the Optionee to the Optionor in accordance with Section 1 as follows:
行使期權的總價格爲三十萬加元(300,000加元),未來可能獲得高達500,000加元的獎金,期權持有人將根據第1節向期權人支付該獎金,具體如下:
a) CAD$20,000 (Deposit) within 5 days of the date of execution of this Agreement for an exclusive three-month Due Diligence Period;
a) 在本協議執行之日起 5 天內提供 20,000 加元(存款),專屬的三個月盡職調查期;
b) CAD$100,000 (the "Initial Option Exercise Payment") in cash or shares (at election of Optionee) during the three-month period following the date of execution of this Agreement together with delivery of the Option Notice;
b) 在本協議執行及期權通知交付之日後的三個月內,以現金或股票(由期權持有人選擇)100,000加元(“首次期權行使付款”);
c) CAD$180,000 ("Year 1 Payment") comprising CAD$30,000 in cash and CAD$150,000 in cash or shares (at election of the Optionee) on the date that is no later than twelve months following the payment of the Initial Option Exercise Payment;
c) 180,000加元(“第一年付款”),包括30,000加元的現金和150,000加元的現金或股票(由期權持有人選擇),在支付首次期權行使付款後十二個月之內;
d) CAD$500,000 ("Bonus Payment") in cash or shares (at election of the Optionee) on the date that a bankable feasibility study is completed.
d) 在銀行可行性研究完成之日以現金或股票(由期權持有人選擇)500,000加元(“獎金支付”)。
QP
QP
This news release has been reviewed and approved by Timothy Froude, P.Geo., a "Qualified Person" under National Instrument 43-101 and President and CEO of Sokoman Minerals Corp.
本新聞稿已經 P.Geo. Timothy Froude 審查和批准,他是國家儀器 43-101 旗下的 “合格人士”,也是索科曼礦業公司總裁兼首席執行官
About Sokoman Minerals Corp.
關於索科曼礦業公司
Sokoman Minerals Corp. is a discovery-oriented company with projects in the province of Newfoundland and Labrador, Canada. The Company's primary focus is its portfolio of gold projects; the 100%-owned flagship, advanced-stage Moosehead, Crippleback Lake, and the district-scale Fleur de Lys project near Baie Verte in northwestern Newfoundland, that is targeting Dalradian-type orogenic gold mineralization similar to the Curraghinalt and Cavanacaw deposits in Northern Ireland. The Company entered into a strategic alliance with Benton Resources Inc. through three, large-scale, joint-venture properties including Grey River, Golden Hope, and Kepenkeck in Newfoundland. Sokoman is one of the largest landholders in Newfoundland, in Canada's newest and rapidly emerging gold districts.
Sokoman Minerals Corp. 是一家以發現爲導向的公司,其項目位於加拿大紐芬蘭省和拉布拉多省。該公司的主要重點是其黃金項目組合;擁有 100% 股權的旗艦項目、處於後期階段的Moosehead、Crippleback Lake以及位於紐芬蘭西北部Baie Verte附近的地區規模的Fleur de Lys項目,其目標是類似於北愛爾蘭Curraghinalt和Cavanacaw礦牀的達爾拉迪安型造山金礦化。該公司通過包括紐芬蘭的格雷河、金希望和凱彭凱克在內的三處大型合資物業與本頓資源公司建立了戰略聯盟。索科曼是紐芬蘭最大的土地所有者之一,紐芬蘭是加拿大最新和迅速崛起的黃金區。
In October 2023, Sokoman and Benton completed an agreement with Piedmont Lithium Inc., a major developer of lithium projects and processing plants in the USA, and exactly the right partner to have to advance the lithium project. The agreement provides for Piedmont to earn up to 62.5% of the Killick Lithium Project (formerly Golden Hope project) by funding up to $12 million in exploration expenses and issuing $10 million common shares in three stages. The Killick Lithium Project has been transferred to Killick Lithium Inc. (Killick), a 100%-owned subsidiary of Vinland Lithium Inc. (Vinland). Newly created Vinland has received $2 million in financing from Piedmont for a 19.9% interest, with the balance of ownership between Sokoman and Benton. Sokoman and Benton will continue to operate the exploration efforts at Killick through the earn-in stages. Sokoman and Benton will retain a royalty of 2% NSR on future production. Piedmont will have exclusive marketing rights for the promotion and sale of any lithium products produced from the project on a life-of-mine basis, and the right of first refusal on 100% offtake rights to the lithium concentrates.
2023年10月,Sokoman和Benton與皮埃蒙特鋰業公司完成了一項協議。皮埃蒙特鋰業公司是美國鋰項目和加工廠的主要開發商,也是推進鋰項目的恰當合作伙伴。該協議規定,通過資助高達1200萬美元的勘探費用和分三個階段發行1000萬美元的普通股,皮埃蒙特將獲得高達62.5%的基利克鋰項目(前身爲金希望項目)的62.5%的股份。基利克鋰項目已移交給基利克鋰業公司(Killick),該公司是Vinland Lithium Inc.(Vinland)100%控股的子公司。新成立的Vinland已從皮埃蒙特獲得了200萬美元的融資,權益爲19.9%,所有權餘額由Sokoman和Benton組成。索科曼和本頓將繼續在基利克進行勘探工作,直到盈利階段。索科曼和本頓將在未來的生產中保留2%的NSR的特許權使用費。Piedmont將擁有在礦山壽命基礎上推廣和銷售該項目生產的任何鋰產品的獨家營銷權,並對鋰濃縮物的100%承購權擁有優先拒絕權。
Projects optioned with optionee fully vested:
選擇的項目,期權人已完全歸屬:
- East Alder Project optioned to Canterra Minerals Inc (SIC retains 850,000 shares of CTM plus 1% NSR)
- Startrek Project optioned to Thunder Gold (SIC retains 1,750,000 shares of TGOL plus 1% NSR)
- East Alder Project選擇了坎特拉礦業公司(SIC保留了CTM的85萬股股份外加1%的NSR)
- Startrek Project選擇了Thunder Gold(SIC保留了TGOL的175萬股股票外加1%的NSR)
Mineralization hosted on adjacent and/or nearby properties is not necessarily indicative of mineralization hosted on the Company's property.
鄰近和/或附近物業上存在的礦化並不一定表示公司財產上存在的礦化現象。
For more information, please contact:
欲了解更多信息,請聯繫:
Timothy Froude, P.Geo., President & CEO
T: 709-765-1726
E: tim@sokomanmineralscorp.com
Timothy Froude,P.Geo.,總裁兼首席執行官
T: 709-765-1726
E: tim@sokomanmineralscorp.com
Cathy Hume, VP Corporate Development, Director
T: 416-868-1079 x 251
E: cathy@chfir.com
Cathy Hume,企業發展副總裁、董事
T:416-868-1079 x 251
E: cathy@chfir.com
Twitter: @SokomanMinerals
Facebook: @SokomanMinerals
LinkedIn: @SokomanMineralsCorp
推特:@SokomanMinerals
Facebook:@SokomanMinerals
領英:@SokomanMineralsCorp
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。
Investors are cautioned that trading in the securities of the Corporation should be considered highly speculative. Except for historical information contained herein, this news release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially. Sokoman Minerals Corp. will not update these forward-looking statements to reflect events or circumstances after the date hereof. More detailed information about potential factors that could affect financial results is included in the documents filed from time to time with the Canadian securities regulatory authorities by Sokoman Minerals Corp.
提醒投資者,公司證券的交易應被視爲高度投機性。除此處包含的歷史信息外,本新聞稿包含涉及風險和不確定性的前瞻性陳述。實際結果可能存在重大差異。Sokoman Minerals Corp. 不會更新這些前瞻性陳述以反映本文發佈之日之後的事件或情況。有關可能影響財務業績的潛在因素的更多詳細信息包含在Sokoman Minerals Corp. 不時向加拿大證券監管機構提交的文件中
SOURCE: Sokoman Minerals Corp.
來源:索科曼礦業公司