Pacific Ridge Identifies Six-Kilometre-Long Copper-Gold Porphyry Trend at Chuchi Copper-Gold Project
Pacific Ridge Identifies Six-Kilometre-Long Copper-Gold Porphyry Trend at Chuchi Copper-Gold Project
Vancouver, British Columbia--(Newsfile Corp. - April 30, 2024) - Pacific Ridge Exploration Ltd. (TSXV: PEX) (OTCQB: PEXZF) (FSE: PQWN) ("Pacific Ridge" or the "Company") is pleased to announce that it has identified a six kilometre ("km") long copper-gold porphyry trend at the Chuchi copper-gold project ("Chuchi" or the "Project") located in the prolific Quesnel Terrane in northcentral British Columbia 35 km northeast of Centerra Gold Inc.'s ("Centerra") Mount Milligan Mine (see Figure 1).
不列顛哥倫比亞省溫哥華--(Newsfile Corp.,2024年4月30日)——太平洋山脊勘探有限公司(TSXV:PEX)(OTCQB:PEXZF)(FSE:PQWN)(“太平洋嶺” 或 “公司”)欣然宣佈,它已經確定了丘奇銅金項目(“Chuchi” 或 “公司”)長達六千米(“km”)的銅金斑岩趨勢 “項目”)位於不列顛哥倫比亞省中北部多產的 Quesnel Terrane,位於 Centerra Gold Inc. 東北 35 公里處s(“Centerra”)米利根山礦(參見圖 1)。
Since acquiring Chuchi in May 2022, Pacific Ridge has completed airborne and ground-based geophysics programs and a gridded soil sampling and mapping program at the Project. This, combined with compilation and review of historical data, has resulted in the development of an exploration model for a six km long copper-gold porphyry trend (see Figure 2) that includes several highly prospective target areas, including the BP Zone, which hosts a historical geological resource of 50 million tonnes with grades between 0.21 - 0.40% copper and 0.21 - 0.44 grams per tonne ("g/t") gold1. This historical geological resource is not compliant with National Instrument 43-101 standards. A Qualified Person has not done sufficient work to classify the historical geological resource as current mineral resources or mineral reserves and Pacific Ridge is not treating the historical geological resource as current mineral resources or mineral reserves. Investors are cautioned that the historical geological resource does not mean or imply that economic deposits exist at Chuchi.
自2022年5月收購Chuchi以來,太平洋嶺已經完成了該項目的機載和地面地球物理項目以及網格化土壤採樣和測繪計劃。再加上對歷史數據的彙編和審查,開發了長達六千米的銅金斑岩趨勢的勘探模型(見圖2),其中包括幾個極具前景的目標區域,包括英國石油區,該區域擁有5000萬噸的歷史地質資源,銅品位在0.21-0.40%和每噸0.21至0.44克(“g/t”)黃金之間1。這種歷史地質資源不符合國家儀器43-101標準。合格人員在將歷史地質資源歸類爲當前礦產資源或礦產儲量方面做得不夠,太平洋嶺沒有將歷史地質資源視爲當前的礦產資源或礦產儲量。提醒投資者,歷史地質資源並不意味着或暗示楚奇存在經濟儲量。
Highlights:
亮點:
- The BP Zone is a 550 metres x 450 metres x 650 metres ("m") interpreted porphyry intrusive complex 3D ZTEM anomaly with two IP anomalies spanning more than 1 km. Although historic drilling at the BP Zone returned significant porphyry copper-gold mineralization, including drill hole CH-90-27 which returned 194.0 m at 0.21% copper and 0.21 g/t gold (see Table 1 for more BP Zone results). The BP Zone has not been adequately drill tested.
- BP 區域是一個 550 米 x 450 米 x 650 米(“m”)解釋的斑岩侵入性複雜三維 ZTEM 異常,有兩個跨度超過 1 千米的 IP 異常。儘管英國石油區的歷史鑽探發現了大量斑岩銅金礦化,包括 CH-90-27 鑽孔,該鑽孔返回了 194.0 米,銅含量爲 0.21%,金含量爲 0.21 克/噸(更多英國石油區結果見表 1)。英國石油區尚未經過充分的鑽探測試。
- The Digger Zone is an open 500 x 250 x 200 m IP anomaly where drill hole CH-91-42 intersected 229.2 m at 0.10% copper and 0.61 g/t gold and ended in mineralization.
- 挖掘區是一個開放的 500 x 250 x 200 m IP 異常,其中 CH-91-42 鑽孔以 0.10% 的銅和 0.61 克/噸的金相交 229.2 米,最後以礦化告終。
- The BP Zone and the Digger Zone have significant, untested potential for porphyry copper-gold mineralization at depth as many of the historic drill holes were shallow, less than 150 m in depth, and ended in mineralization.
- 英國石油區和挖掘區具有巨大的、未經測試的深度斑岩銅金礦化潛力,因爲許多歷史鑽孔都很淺,深度小於 150 米,最後以礦化結束。
- The Coho Zone includes a 400 m x 250 m x 200 m interpreted porphyry intrusive complex 3D ZTEM anomaly with a two-limbed IP chargeability high anomaly that spans more than 1.4 km and has a similar geometry as mineralization trends at the nearby Mount Milligan Mine. This target has never been drilled.
- Coho Zone包括一個400 m x 250 m x 200 m的解釋型斑岩侵入性複雜三維ZTEM異常,其雙肢IP充電率高異常跨度超過1.4千米,其幾何形狀與附近米利根山礦的礦化趨勢相似。這個目標從未被鑽探過。
Quote
報價
"We have always believed that Chuchi, like our flagship Kliyul copper-gold project, represented a significant discovery opportunity and our exploration results have confirmed that potential," said Blaine Monaghan, President & CEO of Pacific Ridge. "We look forward to drilling for discovery at Chuchi and sharing those rewards with shareholders in the very near future."
“我們一直認爲,Chuchi和我們的旗艦Kliyul銅金項目一樣,是一個重要的發現機會,我們的勘探結果證實了這種潛力,” 太平洋嶺總裁兼首席執行官布萊恩·莫納漢說。“我們期待在Chuchi進行鑽探以進行發現,並在不久的將來與股東分享這些回報。”
Figure 1
圖 1
Location of Chuchi
楚奇的位置
Figure 2
圖 2
2023 IP Survey Results at Chuchi and Proposed Drill Hole Locations
Chuchi 的 2023 年知識產權調查結果和擬議的鑽孔地點
Figure 3
圖 3
Proposed Drill Holes at the BP and Digger Zone with 3D Chargeability Model, View to West-Northwest
擬在英國石油公司和挖掘區使用三維充電率模型進行鑽孔,西北方向視圖
Figure 4
圖 4
Proposed Drill Hole at the Coho Zone with IP Chargeability Model, View to North
利用 IP 收費模型在 Coho 區域擬議的鑽孔,朝北視圖
Table 1
表 1
BP Zone Drill Highlights2
BP 區域鑽探亮點2
Hole No. | From (m) | To (m) | Width (m) | Cu (%) | Au (g/t) | CuEq (%)* | AuEq (g/t)** |
CH-89-7 | 38.0 | 138.0 | 100.0 | 0.27 | 0.37 | 0.51 | 0.76 |
Includes | 82.0 | 98.0 | 16.0 | 0.71 | 1.32 | 1.60 | 2.37 |
CH-89-8 | 156.0 | 200.0 | 44.0 | 0.26 | 0.25 | 0.43 | 0.64 |
CH-90-23 | 38.0 | 94.0 | 56.0 | 0.16 | 0.22 | 0.31 | 0.46 |
Includes | 38.0 | 54.0 | 16.0 | 0.36 | 0.58 | 0.75 | 1.12 |
CH-90-27 | 32.0 | 226.0 | 194.0 | 0.21 | 0.21 | 0.35 | 0.52 |
Includes | 156.0 | 226.0 | 70.0 | 0.31 | 0.34 | 0.54 | 0.80 |
CH-90-30 | 98.0 | 256.0 | 158.0 | 0.22 | 0.10 | 0.29 | 0.43 |
Includes | 182.0 | 256.0 | 74.0 | 0.26 | 0.13 | 0.35 | 0.52 |
CH-90-33 | 54.0 | 304.5 Ɨ | 250.50 | 0.21 | 0.12 | 0.29 | 0.44 |
Includes | 64.0 | 152.0 | 88.0 | 0.36 | 0.21 | 0.51 | 0.75 |
CH-90-36 | 51.5 | 243.5 Ɨ | 192.0 | 0.16 | 0.12 | 0.24 | 0.36 |
Includes | 166.0 | 238.0 | 72.0 | 0.18 | 0.15 | 0.28 | 0.42 |
CH-90-37 | 54.3 | 262.1 Ɨ | 207.8 | 0.22 | 0.12 | 0.30 | 0.45 |
Includes | 110.0 | 154.0 | 44.0 | 0.35 | 0.18 | 0.47 | 0.70 |
CH-91-40 | 50.0 | 130.0 | 80.0 | 0.30 | 0.29 | 0.49 | 0.73 |
Includes | 50.0 | 114.0 | 64.0 | 0.35 | 0.33 | 0.57 | 0.85 |
Includes | 64.0 | 104.0 | 40.0 | 0.45 | 0.41 | 0.73 | 1.08 |
CH-91-42 | 91.4 | 320.6 Ɨ | 229.2 | 0.10 | 0.61 | 0.51 | 0.76 |
Includes | 94.0 | 144.0 | 50.0 | 0.09 | 2.10 | 1.50 | 2.23 |
Includes | 94.0 | 122.0 | 28.0 | 0.07 | 3.61 | 2.49 | 3.70 |
And | 200.0 | 242.0 | 42.0 | 0.13 | 0.55 | 0.50 | 0.74 |
CH-19-003 | 91.5 | 411.0 Ɨ | 319.5 | 0.16 | 0.14 | 0.25 | 0.37 |
Includes | 341.0 | 401.0 | 60.0 | 0.26 | 0.24 | 0.42 | 0.63 |
洞號 | 從 (m) | 到 (m) | 寬度 (m) | 銅 (%) | 金 (g/t) | cueQ (%) * | aueQ (g/t) ** |
CH-89-7 | 38.0 | 138.0 | 100.0 | 0.27 | 0.37 | 0.51 | 0.76 |
包括 | 82.0 | 98.0 | 16.0 | 0.71 | 1.32 | 1.60 | 2.37 |
CH-89-8 | 156.0 | 200.0 | 44.0 | 0.26 | 0.25 | 0.43 | 0.64 |
CH-90-23 | 38.0 | 94.0 | 56.0 | 0.16 | 0.22 | 0.31 | 0.46 |
包括 | 38.0 | 54.0 | 16.0 | 0.36 | 0.58 | 0.75 | 1.12 |
CH-90-27 | 32.0 | 226.0 | 194.0 | 0.21 | 0.21 | 0.35 | 0.52 |
包括 | 156.0 | 226.0 | 70.0 | 0.31 | 0.34 | 0.54 | 0.80 |
CH-90-30 | 98.0 | 256.0 | 158.0 | 0.22 | 0.10 | 0.29 | 0.43 |
包括 | 182.0 | 256.0 | 74.0 | 0.26 | 0.13 | 0.35 | 0.52 |
CH-90-33 | 54.0 | 304.5 | 250.50 | 0.21 | 0.12 | 0.29 | 0.44 |
包括 | 64.0 | 152.0 | 88.0 | 0.36 | 0.21 | 0.51 | 0.75 |
CH-90-36 | 51.5 | 243.5 | 192.0 | 0.16 | 0.12 | 0.24 | 0.36 |
包括 | 166.0 | 238.0 | 72.0 | 0.18 | 0.15 | 0.28 | 0.42 |
CH-90-37 | 54.3 | 262.1 | 207.8 | 0.22 | 0.12 | 0.30 | 0.45 |
包括 | 110.0 | 154.0 | 44.0 | 0.35 | 0.18 | 0.47 | 0.70 |
CH-91-40 | 50.0 | 130.0 | 80.0 | 0.30 | 0.29 | 0.49 | 0.73 |
包括 | 50.0 | 114.0 | 64.0 | 0.35 | 0.33 | 0.57 | 0.85 |
包括 | 64.0 | 104.0 | 40.0 | 0.45 | 0.41 | 0.73 | 1.08 |
CH-91-42 | 91.4 | 320.6 | 229.2 | 0.10 | 0.61 | 0.51 | 0.76 |
包括 | 94.0 | 144.0 | 50.0 | 0.09 | 2.10 | 1.50 | 2.23 |
包括 | 94.0 | 122.0 | 28.0 | 0.07 | 3.61 | 2.49 | 3.70 |
而且 | 200.0 | 242.0 | 42.0 | 0.13 | 0.55 | 0.50 | 0.74 |
CH-19-003 | 91.5 | 411.0 | 319.5 | 0.16 | 0.14 | 0.25 | 0.37 |
包括 | 341.0 | 401.0 | 60.0 | 0.26 | 0.24 | 0.42 | 0.63 |
*CuEq = ((Cu%) x $Cu x 22.0462) + (Au(g/t) x AuR/CuR x $Au x 0.032151) / ($Cu x 22.0462).
**AuEq = ((Au(g/t) x $Au x 0.032151) + ((Cu%) x CuR/AuR x $Cu x 22.0462) / ($Au x 0.032151).
Commodity prices: $Cu = US$3.25/lb and $Au = US$1,800/oz.
There has been no metallurgical testing on Chuchi mineralization. The Company estimates copper recoveries (CuR) of 84%, and gold recoveries (AuR) of 70% based on the average recoveries from Kemess Underground, Mount Milligan, and Red Chris.
Factors: 22.0462 = Cu% to lbs per tonne and 0.032151 = Au g/t to troy oz per tonne.
Ɨ End of hole
*CueQ = ((Cu%) x $Cu x 22.0462) + (Au (g/t) x aur/cuR x $Au x $Au x 0.032151)/($Cu x 22.0462)/($Cu x 22.0462)。
**auEq = ((Au (g/t) x $Au x 0.032151) + ((Cu%) x cur/Aur x $Cu x $Cu x 22.0462)/($Au x 0.032151)/($Au x 0.032151)。
大宗商品價格:澳元=3.25美元/磅,澳元=1,800美元/盎司。
尚未對楚奇礦化進行過冶金試驗。根據Kemess Underground、Milligan山和Red Chris的平均回收率,該公司估計銅回收率(cUR)爲84%,黃金回收率(AuR)爲70%。
係數:22.0462 = 每噸銅對磅的百分比,0.032151 = 每噸金克/噸對金衡盎司。
洞盡頭
About Chuchi
關於 Chuchi
Chuchi is more than 16,000 hectares in size and is comprised of three claim blocks, Chuchi, under option from Centerra, and Chuchi South and Chuchi West, under option from American Copper Development Corporation. Chuchi hosts several compelling exploration targets, is road accessible, and is located approximately 35 km northwest of Centerra's Mount Milligan Mine.
Chuchi的面積超過16,000公頃,由三個索賠區塊組成,即Centerra的期權區塊Chuchi和由美國銅業開發公司選擇的Chuchi South和Chuchi West。Chuchi擁有多個引人注目的勘探目標,道路通暢,位於森特拉的米利根山礦西北約35公里處。
Chuchi has a long history of exploration by companies such as Noranda, BP, Rio Algom, Kiska Metals and AuRico Metals, including 8,886 m of drilling in 48 holes, of which 39 holes targeted the main BP Zone. An additional 27 holes were drilled in 1991; the core logging records for this drilling have been lost but assay results and collar locations were recovered in 2019 from a historical Placer Dome Inc database. Most of the historical drilling was shallow, less than 150 m in depth, with many of the drill holes ending in mineralization. Grades within the mineralized portion of the BP Zone have historically been reported as ranging from 0.21% to 0.40% Cu and from 0.21 g/t to 0.44 g/t Au (see news release dated May 9, 2022), but some intervals are considerably higher grade than this (see Table 1) and the Company believes there are underexplored high-grade centres within the BP Zone that have not yet been fully delineated, and the core of the porphyry system has yet to be identified. In addition to the BP Zone, Chuchi includes several other targets that could represent porphyry centres along the Hogem batholith margin.
Chuchi在諾蘭達、英國石油公司、里約阿爾戈姆、Kiska Metals和Aurico Metals等公司的勘探方面有着悠久的歷史,包括在48個鑽孔中鑽探了8,886米,其中39個鑽孔瞄準了英國石油公司的主要區域。1991年又鑽了27個洞;這次鑽探的岩心測井記錄已經丟失,但在2019年從Placer Dome Inc的歷史數據庫中找回了化驗結果和鑽孔位置。歷史上的大部分鑽探都是淺層的,深度小於 150 米,許多鑽孔以礦化告終。歷史上,據報道,英國石油區礦化部分的品位介於銅的0.21%至0.40%之間,從0.21克/噸到0.44克/噸金不等(見2022年5月9日的新聞稿),但有些區間的品位要高得多(見表1),該公司認爲,英國石油區內還有一些尚未充分開發的高品位中心以及斑岩的核心繫統尚未確定。除英國石油區外,Chuchi還包括其他幾個目標,這些目標可能代表霍格姆基岩邊緣的斑岩中心。
Pacific Ridge recently reached an agreement with the optionors of Chuchi South to issue 550,000 common shares of the Company in lieu of a $50,000 cash payment that was due on February 13, 2024. This agreement is subject to TSX Venture Exchange acceptance.
太平洋嶺最近與Chuchi South的期權人達成協議,發行該公司的55萬股普通股,以代替原定於2024年2月13日到期的5萬美元現金付款。本協議須經多倫多證券交易所風險交易所接受。
About Pacific Ridge
關於太平洋嶺
Our goal is to become British Columbia's leading copper-gold exploration company. Pacific Ridge's flagship asset is its 100% owned Kliyul copper-gold project, located in the Quesnel Terrane close to existing infrastructure. In addition to Kliyul, the Company's project portfolio includes the RDP copper-gold project, the Chuchi copper-gold project, the Onjo copper-gold project, and the Redton copper-gold project, all located in British Columbia. Pacific Ridge would like to acknowledge that its B.C. projects are located in the traditional, ancestral and unceded territories of the Gitxsan Nation, McLeod Lake Indian Band, Nak'azdli Whut'en, Takla Nation, and Tsay Keh Dene Nation.
我們的目標是成爲不列顛哥倫比亞省領先的銅金勘探公司。太平洋嶺的旗艦資產是其100%擁有的Kliyul銅金項目,該項目位於Quesnel Terrane中,靠近現有基礎設施。除Kliyul外,該公司的項目組合還包括位於不列顛哥倫比亞省的RDP銅金項目、Chuchi銅金項目、Onjo銅金項目和雷頓銅金項目。太平洋嶺希望承認,其不列顛哥倫比亞省的項目位於吉特桑民族、麥克勞德湖印第安樂隊、Nak'azdli Whut'en、Takla Nation和Tsay Keh Dene民族的傳統、祖先和未割讓的領土。
On behalf of the Board of Directors,
我代表董事會,
"Blaine Monaghan"
“布萊恩·莫納漢”
Blaine Monaghan
President & CEO
Pacific Ridge Exploration Ltd.
布萊恩·莫納漢
總裁兼首席執行官
太平洋嶺勘探有限公司
Investor Relations:
Tel: (604) 687-4951
Email: ir@pacificridgeexploration.com
Website:
LinkedIn:
Twitter:
投資者關係:
電話:(604) 687-4951
電子郵件:ir@pacificridgeexploration.com
網站:
領英:
推特:
1
1
2 Sources include: Chuchi project historical drilling database; also reported in BC Geological Survey (Branch) Assessment Reports 20018 (CH-89-7, CH-89-8), 21113 (CH-90-23, CH-90-27, CH-90-30, CH-90-33, CH-90-36, CH-90-37), unpublished Placer Dome Inc. database (CH-91-40, CH-91-42), 39061 (CH-19-003).
2 來源包括:楚奇項目歷史鑽探數據庫;也在《不列顛哥倫比亞省地質調查局(分支機構)評估報告》20018年(CH-89-7、CH-89-8)、21113(CH-90-23、CH-90-27、CH-90-30、CH-90-33、CH-90-36、CH-90-37)、未發佈的Placer Dome Inc.數據庫(CH-91-40 CH-91-42,)、39061(CH-19-003)中進行了報道。
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。
The technical information contained within this News Release has been reviewed and approved by Danette Schwab, P.Geo., Vice President Exploration, and a Qualified Person as defined by National Instrument 43-101 policy.
本新聞稿中包含的技術信息已由Danette Schwab、P.Geo.、勘探副總裁和National Instrument 43-101政策規定的合格人員的審查和批准。
Forward-Looking Information: This release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, which address exploration drilling and other activities and events or developments that Pacific Ridge Exploration Ltd. ("Pacific Ridge") expects to occur, are forward-looking statements. Forward looking statements in this news release include drilling for discovery at Chuchi and sharing those rewards with shareholders in the very near future. Although Pacific Ridge believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those forward-looking statements. Factors that could cause actual results to differ materially from those in forward looking statements include market prices, exploration successes, and continued availability of capital and financing and general economic, market or business conditions. These statements are based on a number of assumptions including, among other things, assumptions regarding general business and economic conditions, that one of the options will be exercised, the ability of Pacific Ridge and other parties to satisfy stock exchange and other regulatory requirements in a timely manner, the availability of financing for Pacific Ridge's proposed programs on reasonable terms, and the ability of third party service providers to deliver services in a timely manner. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Pacific Ridge does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law.
前瞻性信息: 本新聞稿包括某些可能被視爲 “前瞻性陳述” 的陳述。除歷史事實陳述外,本新聞稿中的所有陳述均爲前瞻性陳述,這些陳述涉及太平洋嶺勘探有限公司(“太平洋山脊”)預計將發生的勘探鑽探和其他活動和事件或發展。本新聞稿中的前瞻性聲明包括在Chuchi進行鑽探以進行勘探,以及在不久的將來與股東分享這些回報。儘管Pacific Ridge認爲此類前瞻性陳述中表達的預期是基於合理的假設,但此類陳述並不能保證未來的業績,實際業績或發展可能與這些前瞻性陳述存在重大差異。可能導致實際結果與前瞻性陳述存在重大差異的因素包括市場價格、勘探成功率、資本和融資的持續可用性以及總體經濟、市場或商業狀況。這些陳述基於許多假設,除其他外,包括有關總體商業和經濟狀況的假設、其中一項期權將被行使、太平洋嶺和其他各方及時滿足證券交易所和其他監管要求的能力、以合理條件爲Pacific Ridge的擬議計劃提供資金以及第三方服務提供商及時提供服務的能力。投資者請注意,任何此類陳述都不能保證未來的表現,實際業績或發展可能與前瞻性陳述中的預測存在重大差異。除非適用法律要求,否則Pacific Ridge不承擔任何更新或修改其前瞻性陳述的義務,無論是由於新信息、未來事件還是其他原因。