Kingfisher Signs Definitive Agreement to Acquire the LGM Project in the Golden Triangle, British Columbia
Kingfisher Signs Definitive Agreement to Acquire the LGM Project in the Golden Triangle, British Columbia
VANCOUVER, BC / ACCESSWIRE / June 6, 2024 / Kingfisher Metals Corp. (TSXV:KFR)(FSE:970)(OTCQB:KGFMF) ("Kingfisher" or the "Company") is pleased to announce that it has entered into a definitive agreement (the "Agreement") to acquire the LGM Project from Origen Resources Inc. ("Origen"). The 26,771 Ha LGM Project is located immediately south and contiguous with Kingfisher's HWY 37 Project, in Northwest British Columbia within the Golden Triangle.
2024年6月6日,金絲雀金屬公司(TSXV:KFR)(FSE:970)(OTCQB:KGFMF)(“金絲雀”或“公司”)很高興宣佈,公司已與Origen Resources Inc.(“Origen”)達成了《明確協議》(“協議”),以收購LGM項目。面積爲26,771公頃的LGM項目位於不列顛哥倫比亞省西北部的Golden Triangle,緊鄰金絲雀的HWY 37項目南部。
Highlights
亮點
- Expansion of contiguous holdings in the Golden Triangle from 362 km2 to 630 km2including KSM-type targets in west, alkalic Galore Creek-type targets in central region (Grizzly and Lucifer) and unexplored Eskay Creek-type stratigraphy to the east.
- Grizzly Target trench sampling from 2006 returned 0.74% Cu and 1.09 g/t Au over 38 m.
- The LGM Project represents one of only three silica-undersaturated magmatic-volcanic complexes in the Golden Triangle with discovery potential for Galore Creek-type porphyry systems and has only seen 3,988 m of drilling.
- Historical stream sampling at Lucifer outlined a 4 km-long trend of highly anomalous stream sediment samples grading up to 7.8 g/t Au - similar in strength and scale to the Hank epithermal deposit signature at HWY 37.
- LGM Project is fully permitted for diamond drilling.
- 將黃金三角相鄰的持有權從362公里擴大到630公里,包括西部的KSM型目標、中部地域板塊的含鹼的Galore Creek型目標(Grizzly和Lucifer)以及東部未開發的Eskay Creek型地層板塊。22006年,Grizzly目標挖掘中的溝槽樣品返回了38米處的0.74%銅和1.09克/噸金。2LGM項目是黃金三角中僅有的三個硅酸鹽不飽和的岩漿-火山體之一,具有類似Galore Creek型斑岩礦系統的發現潛力,並且僅進行了3988米的鑽探。
- Lucifer的歷史流採樣描繪出長達4公里的高度異常的河牀沉積物樣品走勢,成色高達7.8克/噸金,規模與HWY 37的Hank熱液型礦牀發現相似。
- LGM項目已獲得鑽探的充分許可。
- 首席執行官Dustin Perry表示:“收購LGM項目符合金絲雀的策略,在公認的黃金三角地區探索大型區域規模的機會,並進一步增加我們在HWY 37附近的土地持有量。 LGM的歷史數據顯示出了Cu-Au礦化早期有鼓舞人心的跡象,擁有Galore Creek潛力。”
- 勘探副總裁Gayle Febbo表示,“Grizzly和Voigtberg展覽中心代表着該地區僅有的礦化是由含假輝石的火山岩託管而非顯著發現的假輝石帶來的黃金三角地區。我在Galore Creek的工作專注於礦石射流的結構模式,我相信在LGM項目中存在類似的未被發現的模式和潛力。”
Dustin Perry, CEO states "Acquiring the LGM Project fits into Kingfisher's strategy to explore large district-scale opportunities and further increases our land holdings adjacent to Highway 37 in the prolific Golden Triangle. Historical results at LGM show very encouraging early-stage indications of porphyry Cu-Au mineralization with the Galore Creek potential."
圖1區域概述地圖圖2 LGM項目-Grizzly-Voigtberg-Lucifer趨勢
Gayle Febbo, VP Exploration states "The Grizzly and Voigtberg showings represent the only known showings in the region with mineralization hosted in pseudoleucite bearing volcanic rocks without a significant discovery. My work at Galore Creek focused on the structural patterns of ore shoots, and I believe comparable unrecognized patterns and potential exist for the LGM Project."
Grizzly斑岩靶區Grizzly目標(圖2)是具有類似Galore Creek的硅酸鹽不飽和的含鹼Cu-Au斑岩,靶區中心是一段面積爲1平方公里的Cu-Au-Ag-Mo土壤地球化學異常帶,Cu、Au、Ag和Mo等級高達2916 ppm銅、1100 ppb金、5.4 ppm銀和160 ppm鉬。優異的岩石採樣結果高達5.91%的銅和13克/噸金,受到2008年小規模鑽井計劃的關注,共鑽探1442.9米。
The LGM Project Overview
LGM項目概述
The LGM Project lies directly south of the HWY 37 Project (Figure 1). It parallels Highway 37 and is bound to the south by the Galore Creek access road. The project comprises 26,771 Ha with underlying NSR royalties ranging from 1% to 2%.
LGM項目位於HWY 37項目(圖1)的正南方,與公路平行,並被Galore Creek通道道路所環繞。該項目包括26,771公頃,底下的NSR版稅範圍從1%到2%不等。
LGM offers exposure to three district-scale exploration targets: 1) KSM-type porphyry showings (Texas Creek suite intrusions) in the western half of project, 2) Galore Creek-type showings in the southwest region of project (Galore Creek suite intrusions), and 3) Eskay-type prospective stratigraphy in the eastern project (Iskut River Formation). Despite the highly favourable location within the Golden Triangle and proximity to both the highway and the Galore Creek access road, the project has only seen 3,988 m of shallow reconnaissance diamond drilling. Historical exploration at the project has focused on the Grizzly and Lucifer targets with exploration dating back to the 1970s.
LGM爲三個區域規模探索目標提供了機會:1)西部區域設計的KSM型斑岩展現(德克薩斯溪套爐);2)位於項目的副西南區的Galore Creek類型展現設計(Galore Creek套爐);以及3)東部項目的Eskay類型潛在地層板塊(Iskut River Formation)。儘管位於黃金三角極佳的位置,並且與公路以及Galore Creek通道道路鄰近,該項目僅進行了3988米的淺層勘探鑽井。早期的勘探工作聚焦於Grizzly和Lucifer目標,其勘探始於20世紀70年代。
The LGM/Voigtberg, Galore Creek, and Newmont Lake projects represent the only three areas in the Golden Triangle where ~210-208 Ma silica-undersaturated, alkalic magmatic-volcanic complexes are identified. These rare and Cu-Au-rich systems are marked by the presence of pseudoleucite in both the intrusions and in the overlying volcanic rocks. Although many Galore Creek suite intrusions are identified in the region, only three reflect full vertical preservation that includes the pseudoleucite-bearing volcanic carapace. Galore Creek is the most advanced of these projects with a measured and indicated resource of 1,197 Mt at 0.46% Cu and 0.25 g/t Au, and the Newmont Lake Project is host to the Burgundy Ridge drill delineated Cu-Au porphyry deposit. The LGM/Voigtberg region represents rare exposure to a Galore Creek-type system, and the only magmatic-volcanic complex where a deposit has not yet been delineated. The Company notes that mineralization on nearby projects is not indicative of mineralization on the LGM Project.
LGM / Voigtberg,Galore Creek和Newmont Lake項目代表了黃金三角僅有的三個地區,在該地區確定了左右210-208 Ma的硅酸鹽不飽和,含鹼岩漿-火山岩巖性複合體。這些罕見的銅黃金系統標誌是在侵入體和覆蓋性火山岩中都存在僞輝石的存在。儘管該地區識別出許多Galore Creek爐的入侵體,但是僅有三個爐反映出了包括僞輝石承載火山覆蓋的完整垂直保留。 Galore Creek項目的經驗和指示資源爲1,197 Mt,銅含量爲0.46%,金含量爲0.25 g/t,而Newmont Lake項目則擁有Burgundy Ridge鑽孔描繪的Cu-Au斑岩礦牀。 LGM / Voigtberg地區代表Galore Creek型系統的罕見揭示,是僅有的岩漿-火山複合體尚未被勘探確認剖面。該公司注意到,附近項目上的礦化不代表LGM項目上的礦化。
Grizzly Porphyry Target Area
Grizzly斑岩靶區
The Grizzly target (Figure 2) is a silica-undersaturated alkalic Cu-Au porphyry with a comparable setting to Galore Creek. The target is centered on a surface trench of 0.74% Cu and 1.09 g/t Au over 38 m and lies within a 1 km by 1 km Cu-Au-Ag-Mo soil geochemical anomaly that grades up to 2916 ppm Cu, 1100 ppb Au, 5.4 ppm Ag, and 160 ppm Mo. Excellent rock sampling results up to 5.91% Cu and 13 g/t Au at Grizzly were the focus of a small drill program in 2008, with 1442.9 m of diamond drilling.
Grizzly目標(圖2)是具有類似Galore Creek的硅酸鹽不飽和的含鹼Cu-Au斑岩,靶區中心是一段面積爲1平方公里的Cu-Au-Ag-Mo土壤地球化學異常帶,Cu、Au、Ag和Mo等級高達2916 ppm銅、1100 ppb金、5.4 ppm銀和160 ppm鉬。優異的岩石採樣結果高達5.91%的銅和13克/噸金,受到2008年小規模鑽井計劃的關注,共鑽探1442.9米。
The small program failed to identify the geometry of the porphyry intrusion and drilled exclusively along an east-west azimuth into pseudoleucite-bearing rocks. The NNE axis of mineralization in moderately S-dipping gully defined by rocks was not crossed by the 2008 drill holes. Anomalous intercepts from 2008 include 0.16 g/t Au and 0.10% Cu over 66.6 m (hole GRZ08-11).
小程序無法識別斑岩侵入物的幾何形狀,僅沿東西方向鑽進了含僞白榴石的岩石中。以岩石爲定義,S傾向較中等的溝渠中的NNE礦化軸並未被2008年的鑽孔穿過。2008年出現的異常攔截包括0.16克/噸Au和0.10%Cu的66.6米截距(孔GRZ08-11)。
Follow-up geophysical surveys identified a moderate chargeability and magnetic anomaly directly below the Grizzly trench showing. The strongest chargeability anomaly remains untested and lies downslope from the Grizzly showing in a region where monzonite to syenite porphyry is mapped on surface. Three large untested magnetic anomalies were identified at depth below the Grizzly showing, the most westerly coincides with a moderate shallow chargeability anomaly.
後續的地球物理勘測發現了一個直接位於Grizzly溝槽位置下方的中等電載和磁異常。最強的電載異常仍未經過測試,位於Grizzly露頭以南傾斜區域,該區域在表面上被映射爲輝長岩至正長巖斑岩。在Grizzly展示以下的深度處,識別出了三個大型的未經測試的磁異常,其中最西邊的與中等淺表電荷異常相一致。
The Grizzly showing appears to be a high-level, Galore Creek-type setting with several untested geophysical anomalies and excellent trench results that have not been crossed by drilling. The first-ever 3D modelling was completed by Kingfisher during the due diligence process, and it highlighted porphyry mineralization outlined by historical trenching occurs as a ~150 m wide panel that dips moderately to the south on the shoulder of a large magnetic anomaly. The region represents an opportunity to test higher-level, structurally controlled porphyry emplacement bodies from surface as well as deeper, bulk tonnage porphyry targets.
Grizzly的展示看起來是一個高水平的、類似Galore Creek的地質背景,具有幾個未經測試的地球物理異常和優異的溝槽結果,這些結果尚未通過鑽探進行交叉驗證。Kingfisher在盡職調查過程中完成了首個3D建模,突顯出歷史溝槽勘探所勾畫的斑岩礦化物分佈範圍爲一150米寬的板塊,在大磁異常的肩膀上,溫和地向南傾斜。該地區代表一個機會,可以從表面開始測試更高水平的結構控制斑岩侵入體以及更深的量體斑岩目標。
Lucifer Porphyry and Epithermal Target Area
Lucifer斑岩和淺成熱液礦靶區
Lucifer is an early-stage 4 by 5 km region defined by a Cu-Au-Ag-Mo soil geochemical anomaly grading up to 3383 ppb Au, 787 ppm Cu, 5.6 ppm Ag, and 216 ppm Mo; the strongest ASTER anomaly across the Grizzly-Voigtberg-Lucifer Trend; and a 2.5 km by 1 km area of silica-sericite-carbonate-pyrite alteration outlined by Noranda in 1991. The region is also defined by a large gossan continuous with the Grizzly and Voigtberg targets and is prospective for both porphyry and epithermal mineralization.
Lucifer是一個由Cu-Au-Ag-Mo土壤地球化學異常定義的早期4 x 5 km區域,評級高達3383 ppb Au、787 ppm Cu、5.6 ppm Ag和216 ppm Mo;穿過Grizzly-Voigtberg-Lucifer趨勢線的最強ASTER異常;以及由Noranda在1991年爲止勾畫的一片2.5 km x 1 km硅化-絲光石-碳酸鹽-黃鐵礦變質帶。該地區還通過與Grizzly和Voigtberg目標持續連接的大型鐵帽定義,具有斑岩和淺成熱液礦礦化的前景。
Widely spaced drilling at Lucifer amounts to 1,821.96 m. Airborne geophysical surveys were completed at Lucifer including magnetic susceptibility and VTEM.
Lucifer的廣泛鑽探總計達到1821.96 m。空中地球物理勘測包括磁化率和VTEM。
The source of Cu-Au mineralization at Lucifer is not yet drill delineated and several gossans on surface to the east are unsampled.
Lucifer的Cu-Au礦化物來源尚未有明確的定界,東側的幾個鐵帽也未進行過採樣。
Potential Continuation of Hank-Williams Trend
Hank-Williams趨勢延伸區的潛在區域
The northern LGM project lies to the southwest from the Hank-Williams Trend on the HWY 37 Project. Within this area are Texas Creek Suite intrusions mapped by the BC Geological Survey. Much of the prospective region lies in areas of extensive glaciation that have undergone significant recession since the last work was completed in the area by Skeena Resources in 1990.
北LGM項目位於HWY 37項目的Hank-Williams趨勢線西南方。在這個區域內是由BC地質調查機構所勾畫的Texas Creek巖群侵入體。大部分潛在地區位於廣泛冰川侵蝕的區域內,自Skeena Resources於1990年完成工作以來經歷了重要的衰退。
Historical rock sampling of intrusive boulders at the toe of one glacier returned grades up to 0.90% Cu, 0.27 g/t Au, and 6.8 g/t Ag. That glacier has since receded by ~1,500 m and not been subsequently explored. Sampling of lateral moraines in the area returned up to 4.5 g/t Au and 74.6 g/t Ag from breccias.
在一個冰川腳下有深源岩石質礦石的歷史樣品返回的等級高達0.90% Cu、0.27克/噸Au和6.8克/噸Ag。該冰川自那時以來已經衰退了約1500米,並且未經過進一步的探測。該地區的側磨堆採樣結果從角礫岩中返回了高達4.5 g/t Au和74.6 g/t Ag的等級。
Terms of the Agreement
協議條款
Under the terms of the Agreement, the Company will issue 3,000,000 common shares in the capital of Kingfisher, to Origen and pay C$75,000 in cash to Origen in exchange for the transfer of the LGM Project claims on closing. In addition, the LGM Property is subject to underlying royalty agreements over different parts of the project that range from 1 to 2% with Triple Flag Precious Metals (1%), Ryan Kalt (2%), and Carl von Einsiedel (2%).
根據協議的條款,公司將發行300萬股Kingfisher的普通股,並支付7.5萬加元現金給Origen,以交換LGM項目申領權。此外,LGM物業受到不同項目各部分位於基準上的皇家金屬(1%)、Ryan Kalt(2%)和Carl von Einsiedel(2%)的底層版稅協議的限制。
The transaction remains subject to various terms and conditions, including, but not limited to, the approval of the TSX-V and CSE.
交易仍受到各種條款和條件的限制,包括但不限於TSX-V和CSE的批准。
Qualified Person
合格人士
Dustin Perry, P.Geo., Kingfisher's CEO, is the Company's Qualified Person as defined by National Instrument 43-101, Standards of Disclosure for Mineral Projects, and has prepared the technical information presented in this release.
Kingfisher的首席執行官Dustin Perry(P.Geo.)是公司根據43-101國家規定的合格人員,遵守礦業項目披露標準("NI 43-101")後,在SEDAAR+上對Bilboes硫化物金項目("項目")的單階段開發進行了初步經濟評估報告。PEA的拷貝題爲"Bilboes Gold Project Preliminary Economic Assessment",有效日期爲2024年5月30日,由DRA Projects(Pty)Ltd("DRA")編制,反映本公告中所包含的摘要信息,同時也將在公司的網站上提供。所有金額均以美元計算。並有準備在本發佈中呈現的技術信息。
Options Issuance
期權發行
Kingfisher also announces the grant of 1,700,000 stock options that are exercisable for a period of five years at a price of C$0.25 per share to its directors, officers, various staff members, and an investor relations consultant (Adelaide Capital Markets Inc.).
Kingfisher還宣佈向其董事、高管、各種工作人員和投資關係顧問(Adelaide Capital Markets Inc.)發放可行使期限爲五年的170萬股股票期權,行權價格爲每股0.25加元。
About Kingfisher Metals Corp.
關於Kingfisher Metals Corp.
Kingfisher Metals Corp. ( is a Canadian based exploration company focused on underexplored district-scale projects in British Columbia, including the Golden Triangle region. Kingfisher has two 100% owned district-scale projects and an option to earn 100% of the HWY 37 Project, that offer potential exposure to gold, copper, silver, and zinc. The Company currently has 40,219,553 shares outstanding.
Kingfisher Metals Corp.(公司)是一家加拿大探礦公司,其重點在於以包括黃金三角區域爲重點的不足開發的區域級項目。Kingfisher擁有兩個100%擁有的區域級項目和獲得HWY 37項目的100%權益,可提供接觸黃金、銅、銀和鋅的潛在機會。該公司目前擁有40,219,553股流通股。
For further information, please contact:
如需更多信息,請聯繫:
Dustin Perry, P.Geo.
CEO and Director
Phone: +1 236 358 0054
E-Mail: info@kingfishermetals.com
Dustin Perry,P.Geo。
首席執行官和董事
電話:+1 236 358 0054
電子郵件:info@kingfishermetals.com
Neither the TSX-V nor its Regulation Services Provider (as that term is defined in the policies of the TSX-V) accepts responsibility for the adequacy or accuracy of this release.
TSX-V及其監管服務提供者(如TSX-V政策中所定義)不接受對此版本的充足性或準確性的責任。
Cautionary Note Regarding Forward-Looking Statements
關於前瞻性聲明的謹慎說明
Mineralization hosted on adjacent and/or nearby properties is not necessarily indicative of mineralization hosted on the Company's property. This news release contains statements that constitute "forward-looking statements." Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the Company's actual results, performance or achievements, or developments to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects," "plans," "anticipates," "believes," "intends," "estimates," "projects," "potential" and similar expressions, or that events or conditions "will," "would," "may," "could" or "should" occur.
相鄰或附近物業上的礦化對於公司物業的礦化並沒有必要有標誌性。本新聞發佈包含構成‘前瞻性陳述’的聲明。此類前瞻性陳述涉及已知和未知的風險、不確定性和其他因素,這些因素可能導致公司的實際結果、表現或成果,或者與此前瞻性陳述所表述的預期結果、表現或成果有所不同。前瞻性聲明是指那些不是歷史事實的聲明,通常但不總是通過以下形式來確認:“期望”、“計劃”、“預計”、“相信”、“打算”、“估計”、“項目”、“潛力”以及類似的表述,或者表示事件或條件“將”、“會”、“可能”、“可能”或“應該”的表述。本新聞發佈中的前瞻性陳述包括但不限於涉及此次交易的預期。由於其本質上涉及各種風險和不確定性,實際事件和未來的結果可能會與此類前瞻性陳述所示有所不同。
Forward-looking statements in this news release include, among others, statements relating to expectations regarding the transaction, and other statements that are not historical facts. By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors and risks include, among others: the Company may require additional financing from time to time in order to continue its operations which may not be available when needed or on acceptable terms and conditions acceptable; compliance with extensive government regulation; domestic and foreign laws and regulations could adversely affect the Company's business and results of operations; the stock markets have experienced volatility that often has been unrelated to the performance of companies and these fluctuations may adversely affect the price of the Company's securities, regardless of its operating performance.
本新聞發佈中的前瞻性陳述包括但不限於涉及此次交易的預期。由於其本質上涉及各種風險和不確定性,實際事件和未來的結果可能會與此類前瞻性陳述所示有所不同。
The forward-looking information contained in this news release represents the expectations of the Company as of the date of this news release and, accordingly, is subject to change after such date. Readers should not place undue importance on forward-looking information and should not rely upon this information as of any other date. The Company undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.
本新聞發佈的前瞻性信息代表公司在本新聞發佈日期的預期,因此,隨之而來的可能會有所變化。讀者不應過分重視前瞻性信息,並不應依賴於此信息作爲任何其他日期的信息。在管理層的信念、估計或意見,或其他因素髮生改變時,公司不承擔更新這些前瞻性聲明的義務。
SOURCE: Kingfisher Metals Corp.
資源:Kingfisher Metals Corp.