Mink Ventures Acquires Copper Project Adjacent to Warren North Claims
Mink Ventures Acquires Copper Project Adjacent to Warren North Claims
Toronto, Ontario--(Newsfile Corp. - April 22, 2024) - Mink Ventures Corporation (TSXV: MINK) ("MINK" or the "Company") today announced that it has acquired a 100% interest in six (6) mining claims located adjacent to its Warren North claim boundary (see Figures 1 and 2) from STLLR Gold Inc. (TSX: STLR) referred to as the "Warren Northeast" or "WNE" claims. Total consideration made for the six claims is a 2% net smelter return royalty (NSR) on those six claims, granted in favour of STLLR Gold Inc., with Mink retaining the right to a buy-back of 1% NSR for one million dollars (CAD$1,000,000). The combined Warren property now covers 1,130 hectares of land in Whitesides Township, approximately 35 road kilometers west of Timmins, Ontario.
多倫多, 安大略省-(新聞稿社-2024年4月22日)-Mink Ventures Corporation(TSXV:MINK)("MINK")今天宣佈,它已經收購了STLLR Gold Inc.(TSX:STLR)所擁有的毗鄰其禾倫北部聲明邊界(參見圖1和2)的六(6)個採礦權,稱爲"禾倫東北"或"WNE"申請。對這六項申請的總考慮是授予STLLR Gold Inc.淨冶煉廠回報稅(NSR)2%,並保留Mink以100萬加元(1,000,000加元)的權利回購1%的NSR。合併的禾倫物業現在覆蓋了安大略省萊特賽德鎮的1,130公頃土地,距離蒂明斯以西約35公路公里。"禾倫東北"(WNE)聲明代表Mink對禾倫物業的非稀釋戰略補充。"或"公司WNE聲稱其歷史鑽孔ML9601中的兩個重要銅(Cu)區域。上區(M1)返回13米0.174%Cu,包括3.05米0.36%Cu的攔截信號,下區(M2)返回4.3米0.84%Cu,幷包括2.4m和0.5m的更高等級攔截到1.20%Cu和3.62%Cu的攔截區域。在M2區,有一些短時間內金值最高達0.25g / t金,同時儘管銅值更高。*
HIGHLIGHTS:
亮點:
The Warren Northeast (WNE) claims represent a non-dilutive, strategic addition to Mink's Warren Property holdings.
The WNE claims host two significant copper (Cu) zones within historical drill hole ML9601. The upper zone (M1) returned 0.174% Cu over 13 m, including an intercept of 0.36% Cu over 3.05 meters. The lower zone (M2) returned 0.84% Cu over 4.3 meters including higher-grade intercepts of 1.20% Cu over 2.4m and 3.62% Cu over 0.5 meters. Some minor gold values up to 0.25 g/t gold over short intervals were noted with better copper values in the M2 Zone.*
A strong, horizontal loop electromagnetic (HLEM) conductor and coincident pulse EM conductor associated with the M1 and M2 zones is untested for 200 meters along strike to the south of the M1 and M2 intercepts in hole ML9601. No significant drilling to depth has been carried out, the zones have only been evaluated to approximately 120 meters vertical and there has been no down hole geophysics conducted. In addition, there are a number of other EM anomalies present on the WNE claims that are untested.*
The mineralization on WNE claims represents a new geological environment for base metal mineralization on Mink's Warren Project. Historical drill logs suggest that mineralized intervals comprised of semi massive sulphides and stringer sulphide zones are hosted within an intercalated package of altered felsic and mafic volcanics indicative of a new volcanogenic massive sulphide (VMS) environment. The Timmins Mining Camp hosts a number of significant VMS deposits including Glencore's Kidd Mine.
The Company intends to file exploration permit applications for down hole geophysical surveying as well as for a series of diamond drill holes.
與M1和M2區相關的強水平環形電磁(HLEM)導體和重合脈衝電磁(EM)導體在沿ML9601洞穴的南側200米的地方未經檢測。沒有進行過顯著的深度鑽探,這些區域僅被評估爲垂直約120米,並且沒有進行過地下地球物理勘測。 此外,WNE聲明中還存在許多未經測試的EM異常。*
WNE聲稱其歷史鑽孔ML9601中的兩個重要銅(Cu)區域。上區(M1)返回13米0.174%Cu,包括3.05米0.36%Cu的攔截信號,下區(M2)返回4.3米0.84%Cu,幷包括2.4m和0.5m的更高等級攔截到1.20%Cu和3.62%Cu的攔截區域。在M2區,有一些短時間內金值最高達0.25g / t金,同時儘管銅值更高。*WNE聲稱其歷史鑽孔ML9601中的兩個重要銅(Cu)區域。上區(M1)返回13米0.174%Cu,包括3.05米0.36%Cu的攔截信號,下區(M2)返回4.3米0.84%Cu,幷包括2.4m和0.5m的更高等級攔截到1.20%Cu和3.62%Cu的攔截區域。在M2區,有一些短時間內金值最高達0.25g / t金,同時儘管銅值更高。*WNE聲稱其歷史鑽孔ML9601中的兩個重要銅(Cu)區域。上區(M1)返回13米0.174%Cu,包括3.05米0.36%Cu的攔截信號,下區(M2)返回4.3米0.84%Cu,幷包括2.4m和0.5m的更高等級攔截到1.20%Cu和3.62%Cu的攔截區域。在M2區,有一些短時間內金值最高達0.25g / t金,同時儘管銅值更高。*WNE聲稱其歷史鑽孔ML9601中的兩個重要銅(Cu)區域。上區(M1)返回13米0.174%Cu,包括3.05米0.36%Cu的攔截信號,下區(M2)返回4.3米0.84%Cu,幷包括2.4m和0.5m的更高等級攔截到1.20%Cu和3.62%Cu的攔截區域。在M2區,有一些短時間內金值最高達0.25g / t金,同時儘管銅值更高。*在M2區,有一些短時間內金值最高達0.25g / t金,同時儘管銅值更高。*
與M1和M2區相關的強水平環形電磁(HLEM)導體和重合脈衝電磁(EM)導體在沿ML9601洞穴的南側200米的地方未經檢測。沒有進行過顯著的深度鑽探,這些區域僅被評估爲垂直約120米,並且沒有進行過地下地球物理勘測。 此外,WNE聲明中還存在許多未經測試的EM異常。*
WNE聲明中的礦化代表了Mink Warren項目上的新地質環境。歷史鑽探記錄表明,半大規模硫化物和巖片硫化物帶的礦化區域嵌在經過改造的火山岩和鎂鐵質岩石中,表明了一個新的火山性重型硫化物(VMS)環境。 Timmins Mining Camp擁有許多重大的VMS沉積物,包括Glencore的Kidd Mine。
公司打算申請下孔地球物理勘測的勘探許可以及一系列鑽孔。
* References: Resident Geologist Office Timmins Ontario: Morgain Minerals Drill Logs (K. Lapierre, 1996) and Geophysical Report for Morgain Minerals on the Massey Project, Massey and Whitesides Township, Porcupine Mining Division, Northeastern Ontario. (Grant, J. 1996)
*參考:Timmins安大略省居民地質學家辦公室:Morgain Minerals Drill Logs(K. Lapierre,1996)以及有關東北安大略省Porcupine Mining Division Massey和Whitesides Townsh的Morgain Minerals的地球物理報告,(Grant,J. 1996)。
Qualified Person:
合格人員:
Mr. Kevin Filo, P.Geo. (Ontario), is a qualified person within the meaning of National Instrument 43-101. Mr. Filo approved the technical data disclosed in this release.
Kevin Filo先生,P.Geo.(安大略省),是National Instrument 43-101的合格人員。Filo先生批准本發佈中披露的技術數據。
About Mink Ventures Corporation:
關於Mink Ventures Corporation:Mink Ventures Corporation(TSXV:MINK)是一家加拿大礦物勘探公司,在其位於安大略省蒂明斯地區的禾倫和Montcalm項目中探索關鍵礦物(鎳,銅,鈷)。 Mink的旗艦Montcalm項目與Glencore的前Montcalm礦相鄰,其歷史產量爲3.93百萬噸礦石,平均含量爲1.25%Ni,0.67%Cu和0.051%Co(Atkinson,2010年,安大略省地質調查)。其禾倫Ni Cu Co項目,佔地1130公頃,距離35公里。兩個項目都具有出色的通行能力和基礎設施,包括全天候通行公路和電力,以及接近蒂明斯礦業集落的熟練勞動力和設施。該公司已經
Mink Ventures Corporation (TSXV: MINK) is a Canadian mineral exploration company exploring for critical minerals (nickel, copper, cobalt) at its Warren and Montcalm projects, in the Timmins, Ontario area. Mink's flagship Montcalm Project covers 40 km2 adjacent to Glencore's former Montcalm Mine which had historical production of 3.93 million tonnes of ore grading 1.25% Ni, 0.67% Cu and 0.051% Co (Ontario Geological Survey, Atkinson, 2010). Its Warren Ni Cu Co Project, which covers 1,130 hectares is located 35 km away. Both projects have excellent access and infrastructure with an all-weather access road and power as well as its proximity to the skilled labour and facilities of the Timmins Mining Camp. The Company has 18,810,534 shares outstanding.
英里,相鄰於Glencore的前Montcalm礦,該礦歷史產量爲3.93百萬噸礦石,平均含量爲1.25%Ni,0.67%Cu和0.051%Co(Atkinson,2010年,安大略省地質調查)。其禾倫Ni Cu Co項目,佔地1130公頃,距離35公里。兩個項目都具有出色的通行能力和基礎設施,包括全天候通行公路和電力,以及接近蒂明斯礦業集落的熟練勞動力和設施。該公司已經2與Glencore的前Montcalm礦相鄰,該礦歷史產量爲3.93百萬噸礦石,平均含量爲1.25%Ni,0.67%Cu和0.051%Co(Atkinson,2010年,安大略省地質調查)。其禾倫Ni Cu Co項目,佔地1130公頃,距離35公里。兩個項目都具有出色的通行能力和基礎設施,包括全天候通行公路和電力,以及接近蒂明斯礦業集落的熟練勞動力和設施。該公司擁有18,810,534 股份外流通。
For further information about Mink Ventures Corporation please contact: Natasha Dixon, President & CEO, T: 250-882-5620 E: ndixon@minkventures.com or Kevin Filo, Director, T: 705-266-6818 or visit .
有關Mink Ventures Corporation的更多信息,請聯繫:Natasha Dixon,總裁兼首席執行官,T:250-882-5620 E:ndixon@minkventures.com或Kevin Filo,董事,T:705-266-6818或訪問。
Forward Looking Statements
前瞻性聲明
This press release includes certain "forward-looking information", including, but not limited to, statements with respect to the Warren Project, the exploration work required to exercise the option, and the prospectivity of the Warren Project and the Montcalm Project. Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Mink to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Factors that could affect the outcome include, among others: future prices and the supply of metals; the results of exploration work; inability to raise the money necessary to incur the expenditures required to retain and advance the Warren Project and Montcalm Project; environmental liabilities (known and unknown); general business, economic, competitive, political and social uncertainties; accidents, labour disputes and other risks of the mining industry; political instability, or delays in obtaining governmental and stock exchange approvals. For a more detailed discussion of such risks and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements, refer to Mink's filings with Canadian securities regulators available on SEDAR+. These forward-looking statements are made as of the date hereof and Mink disclaims any intent or obligation to update publicly any forward-looking statements, whether as a result of new information, future events or results or otherwise, except as required by applicable securities laws.
此新聞稿包括某些"向前看的信息",包括但不限於有關Warren Project,行使該選擇所需的勘探工作以及Warren Project和Montcalm Project的前景性。 向前看的聲明涉及已知和未知的風險,不確定性和其他因素,這些因素可能導致Mink的實際結果,業績或成就與向前看的聲明中的任何未來結果,業績或成就實質上不同。 可能影響結果的因素包括:未來價格和金屬的供應; 勘探工作的結果; 無法籌集必要的資金以承擔Warren Project和Montcalm Project的費用; 環境負債(已知和未知); 一般商業,經濟,競爭,政治和社會的不確定性; 礦業行業的事故,勞工糾紛和其他風險; 政治不穩定或獲得政府和證券交易所批准的延遲。 有關這些風險和其他可能導致實際結果與向前看的聲明中表達的結果實質上不同的因素的更詳細討論,請參閱Mink在Canadian證券監管機構的文件,可在SEDAR +上獲取。這些向前看的聲明是截至本日,並且Mink不承諾公開更新任何向前看的聲明,無論是因爲獲得新信息,未來事件或結果或其他原因,除非適用的證券法有要求。
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 ac curacy of this release.
TSX創業公司交易所及其監管服務提供者(按照TSX創業公司交易所的政策規定)均不對本公告的充分性或準確性承擔責任。