Onyx Gold Receives Drill Permit for King Tut Project and Provides 2024 Exploration Program Update
Onyx Gold Receives Drill Permit for King Tut Project and Provides 2024 Exploration Program Update
Vancouver, British Columbia--(Newsfile Corp. - June 6, 2024) - Onyx Gold Corp. (TSXV: ONYX) (OTCQX: ONXGF) ("Onyx Gold" or the "Company") is pleased to announce that it has received its approved Quartz Class 1 Notification for the King Tut Property ("King Tut," "Project" or "Property"), in Yukon's Tombstone Gold Belt (Figure 1). The Company also provides an update on its preliminary summer exploration plans for the Project, including the newly acquired WEAS claims.
溫哥華,卑詩省 - (Newsfile Corp. - 2024年6月6日) - Onyx Gold公司(TSXV: ONYX)(OTCQX: ONXGF)("Onyx Gold"或"公司很高興宣佈,其在育空高原墓碑金帶的圖坦卡蒙項目("King Tut")獲得了批准的石英1級通知("Quartz Class 1 Notification")圖坦卡蒙," "項目計劃議程產業),並提供該項目初步夏季勘探計劃的更新,其中包括新獲得的WEAS申請權。圖1。麥金太爾布魯克項目區域,紅線爲邊界(111公里育空高原墓碑金帶("Yukon's Tombstone Gold Belt")
Highlights
亮點
- Onyx Gold has received its Quartz Class 1 Notification for the King Tut Project from the Yukon Government. This permit paves the way for the Company to execute its 2024 exploration programs, which include up to 4,900 meters of diamond drilling.
- Onyx Gold從育空政府獲得了其King Tut項目的石英1級通知。該許可證爲公司執行2024年的勘探計劃鋪平了道路,該計劃包括多達4,900米的金剛石鑽探。
- The Company has outlined a comprehensive Phase 1 exploration program for the King Tut Project. This program, scheduled for July, includes geological mapping, prospecting, and rock/soil sampling in the Golden Mask, Ra (formerly WEAS), and Main Tut prospect areas. The results of this program will be instrumental in shaping a potential Phase II diamond drilling program.
- 公司已爲King Tut項目明確了全面的第一階段勘探計劃。該計劃定於7月進行,包括在Golden Mask、Ra(以前爲WEAS)和Main Tut勘探區進行地質測繪、勘探和岩石/土壤採樣。該計劃的結果將對可能的第二階段金剛石鑽探計劃的形成產生決定性影響。
- Spring data compilation and target generation by in-house staff and external consultants is complete and is under review by Company management.
- 公司管理層正在審核內部員工和外部顧問完成的春季數據編制和目標生成。
- Archer, Cathro & Associates (1981) Limited ("Archer Cathro") has been contracted to provide technical assistance and logistical support for the Program.
- Archer, Cathro & Associates (1981) Limited(“Archer Cathro”)已受託提供計劃的技術協助和後勤支持。
"With the arrival of warmer weather and the completion of our Timmins drilling program, our team is excited to shift their focus back to our King Tut property, proximal to Snowline Gold's properties in the Yukon Territory," said Brock Colterjohn, President & CEO. "Our Phase I exploration program is designed to leverage and build upon last year's encouraging results that confirmed widespread gold mineralization across the Main Tut and Golden Mask anomalies."
“隨着更暖和的天氣的到來和我們Timmins 鑽探項目的完成,我們的團隊非常期待重新把重點放回我們位於育空地區的King Tut物業上,這一點與Snowline黃金物業相鄰,”總裁兼首席執行官Brock Colterjohn說。“我們的第一階段勘探計劃旨在利用並建立去年令人鼓舞的結果,確認了Main Tut和Golden Mask異常區域廣泛金礦化的存在。”
"We are particularly excited to explore the significantly expanded footprint of the Golden Mask intrusion as well as our recent Ra (WEAS) acquisition. The Ra prospect holds significant gold potential, confirmed by historical work, associated with gold-bearing sheeted quartz veins within an exposed 3 km by 2 km granitic intrusion."
“我們特別期待探索Golden Mask含巖體的顯著擴展足跡以及我們最近獲得的Ra(WEAS)項目。Ra展望區內有重要的黃金潛力,歷史工作已得到確認,與暴露的3 km乘以2 km花崗雜巖侵入體內的含金脈狀石英脈有關。”
He further commented, "The Phase I program results will help refine and prioritize drill targets ahead of a potential Phase II diamond drilling program later this summer. We look forward to the busy field season and believe this year's programs mark an exciting step towards our goal of unlocking a new gold discovery in the prolific Tombstone Gold Belt."
他進一步評論說:“第一階段的計劃結果將有助於在今年夏天的潛在第二階段金剛石鑽探計劃之前細化和優先考慮鑽探目標。我們期待着繁忙的實地季節,並認爲今年的計劃是邁向在豐富的墓碑金帶中揭示一個新的黃金髮現目標的激動人心的一步。”
Permitting Update
允許更新
The Quartz Class 1 Notification enables the Company to execute exploration programs pursuant to the Yukon Quartz Mining Act and Territorial Lands (Yukon) Act, which include prospecting, geological mapping, geochemical sampling, and diamond drilling (up to 4,900m) across the Property. The Notification is valid until June 2025 and is renewed annually. The active Class 1 Notification for the recently acquired WEAS claims will be renewed in July 2024.
石英1級通知使公司根據育空石英礦業法和地方土地(育空)法執行勘探計劃,包括在該物業上進行勘探、地質測繪、地球化學取樣和金剛石鑽探(最多4,900米)。該通知有效期至2025年6月,並每年續期一次。最近獲得的WEAS權利的活動1級通知將於2024年7月續期。
The Company is also working on regulatory authority and community engagement as part of a Class III Exploration Permit application. Receipt of a Class III Permit would enable expanded exploration field camp construction and increased drilling activities with a duration of five to ten years.
作爲三級勘探許可證申請的一部分,公司還在進行政府監管機構和社區參與方面的工作。獲得三級許可證將使勘探者能夠建造擴大的勘探現場並增加鑽探活動,持續五至十年。
2023 King Tut Program Summary and 2024 Summer Exploration Plans
2023年King Tut項目摘要和2024年夏季勘探計劃
Work by the Company in 2023 focused on a first-ever drill program on the property to test the promising Main Tut and Golden Mask gold-in-soil anomalies, which are associated with two separate intrusion-related gold systems, and the execution of property-wide geophysical surveys, geochemical surveys, and mapping and prospecting programs to refine drill targets and identify prospective areas for future exploration. Results from the inaugural nine-hole 2,123-meter drill program confirmed widespread gold mineralization across the Main Tut and Golden Mask anomalies, including 0.30 g/t Au over 32.50 m in drill hole KT23-005, validating the existence of potential bulk-tonnage reduced intrusion-related gold systems ("RIRGS") on the Property (See Company News Release dated November 15, 2023). In addition, new airborne magnetic surveying and soil sampling have also significantly expanded the size of the mapped intrusions at both targets (Figure 2).
公司2023年的工作重點是在該物業上首次進行鑽探項目,測試與兩個分別與侵入岩相關的金系統有關的很有前途的Main Tut和Golden Mask土壤金異常區之間的關聯性,並實施全面的地球物理勘測,地球化學勘測,以及製圖和勘探規劃項目,以細化鑽探目標並確定未來勘探的發現領域。 首屆9孔2123米鑽探項目的結果證實了包括0.30 g / t Au在KT23-005鑽孔3250萬米處的金塊狀礦化存在,驗證了潛在的大宗量化還原侵入岩類型的金礦系統(“RIRGS)詳見公司新聞發佈,日期爲2023年11月15日。此外,新的空中磁測和土壤採樣也顯著擴大了兩個目標的映巖體規模。圖2).
The Company is preparing to launch an early summer Phase 1 exploration program, which will consist of reconnaissance surface sampling and mapping surrounding the newly acquired Ra intrusion located on the WEAS claims (See Company News Release dated May 9, 2024) (Figure 3) and follow-up fieldwork on the Golden Mask and Main Tut prospects based on last year's encouraging results. The results from this program will inform a potential drilling program later in the summer. Archer Cathro has been contracted to provide technical assistance and logistical support for the Program.
公司正準備推出早期夏季第一階段勘探計劃,包括對位於WEAS權益聲明中的新獲得的Ra侵入體周圍進行勘查表面採樣和製圖(見2024年5月9日的公司新聞發佈。) (圖3根據去年令人鼓舞的結果,在Golden Mask和Main Tut前景地進行後續的實地工作。這個計劃的結果將爲後來的夏季潛在鑽探計劃提供信息。Archer Cathro已經被承包爲該計劃提供技術援助和後勤支持。
About the King Tut Project
關於金圖特項目
The King Tut Project is located 10 km south of Snowline Gold's consolidated Rogue, Einarson and Cynthia properties and is 50 km from Snowline's Valley discovery made in June 2021. At King Tut, past exploration work by a predecessor company outlined multi-kilometer long gold-in-soil anomalies associated with mapped granitic to granodioritic intrusive bodies, and drilling by the Onyx Gold in 2023 confirmed widespread gold mineralization across the Main Tut and Golden Mask anomalies validating the bulk-tonnage RIRGS potential of the Project. The newly acquired Ann Mark Zone of the Ra intrusion in the center of the Project hosts multigenerational gold-bearing sheeted quartz veins within an exposed, 3 km by 2 km granitic intrusion and drilling by a previous operator intersected 1.0 grams per tonne gold over 21 meters (true width unknown) associated with the sheeted quartz veins, along with surface grab samples of up to 20.1 g/t Au.
King Tut項目位於Snowline Gold的Rogue,Einarson和Cynthia屬性的南側10公里處,距離Snowline在2021年6月的Valley發現地50公里。在King Tut,一個前身公司的過去勘探工作勾勒出了與映射的花崗岩性到花崗閃長巖性侵入岩體有關的大型金土壤異常,而Onyx Gold在2023年的鑽探證實了Main Tut和Golden Mask異常區域的廣泛金礦化,驗證了該項目大宗量 RIRGS潛力。新獲得的Ra侵入體的Ann Mark區域位於該項目中心,內部含有覆蓋着多代金脈狀石英脈的花崗岩侵入體,而先前經營商的鑽探揭示了與石英脈有關的每噸1.0克金含量,真實寬度不明,以及表面採樣令人拍案叫絕的20.1克/噸Au。
About the Yukon Gold Properties
關於育空金礦產權
Onyx Gold controls a portfolio of greenfield gold properties in eastern Yukon, totaling 227 square kilometers. The King Tut Property is Onyx Gold's most advanced and compelling property in the Yukon, located in the heart of an emerging reduced intrusive-related gold district in the Selwyn Basin. Previous fieldwork identified large-scale undrilled gold-in-soil anomalies in a comparable geological setting 50 km from the Rogue/Valley Discovery, one of Canada's most significant new gold discoveries.
Onyx Gold控制了育空東部的一批未開發的金礦產權,總面積爲227平方公里。金圖特產權是Onyx Gold在育空最先進和最有吸引力的產權,在Selwyn盆地新興的還原侵入岩型金礦區的核心位置。之前的實地考察在與Rogue/Valley相似地質背景下的一個可比較的地點發現了大規模未鑽探的黃金土壤異常,它距離加拿大最重要的新金礦發現之一Rogue/Valley不足50公里。
About Onyx Gold
關於Onyx Gold
Onyx Gold is an exploration company focused on well-established Canadian mining jurisdictions, with assets in Timmins, Ontario, and Yukon Territory. The Company's extensive portfolio of quality gold projects in the greater Timmins gold camp includes the Munro-Croesus Gold property, renowned for its high-grade mineralization, plus two additional earlier-stage large exploration properties, Golden Mile and Timmins South. Onyx Gold also controls four properties in the Selwyn Basin area of Yukon Territory, which is currently gaining significance due to recent discoveries in the area. Onyx Gold's experienced board and senior management team are committed to creating shareholder value through the discovery process, careful allocation of capital, and environmentally/socially responsible mineral exploration.
Onyx Gold是一家專注於加拿大知名採礦地區的勘探公司,擁有安大略Timmins和育空地區的資產。公司在蒂明斯金礦區擁有一系列質量優良的黃金項目,包括著名的Munro-Croesus Gold物業和另外兩個早期探礦的大型物業Golden Mile和Timmins South。Onyx Gold還控制育空地區Selwyn盆地的四個物業,該地區由於最近的發現而變得越來越重要。Onyx Gold的經驗豐富的董事會和高級管理團隊致力於通過發現過程、謹慎的資本配置以及環境/社會責任的礦產勘查來創造股東價值。
Qualified Person and Quality Assurance
資格負責人和質量保證
Ian Cunningham-Dunlop, P.Eng., Executive Vice President for Onyx Gold Corp. and a qualified person ("QP") as defined by Canadian National Instrument 43-101, has reviewed and approved the technical information contained in this release.
Ian Cunningham-Dunlop, P.Eng.,Onyx Gold Corp.執行副總裁和《加拿大43-101國家證券法規》規定的合格人員,已審核並批准了本發佈中包含的技術信息。QP按照加拿大43-101號國家儀器的定義,已經審查和批准了本發佈中包含的技術信息。
Figure 1 - Regional Map - Yukon's Selwyn Basin
圖1- 區域地圖-育空的Selwyn盆地
Note - Highlighted historical samples noted herein have not been verified by the Company, but they provide evidence for the general gold endowment of the claims. Grab samples are selective in nature and don't necessarily represent bulk tonnage grades
注 - 此處提及的突出歷史樣本未經公司證實,但它們爲權利要求的一般黃金含量提供了證據。選擇採樣具有選擇性,不一定代表總量品位。
Figure 2 - Property Map - King Tut and WEAS Properties - Surface Gold Geochemistry
圖2- 產權地圖-金圖特和WEAS產權-表面黃金地球化學
Figure 3 - Property Map - WEAS Property - Historical Surface and Drilling Results
圖3- 產權地圖-WEAS產權-歷史地表和鑽探結果
On Behalf of Onyx Gold Corp.
代表Onyx Gold Corp。
"Brock Colterjohn"
"Brock Colterjohn"
President & CEO
總裁兼首席執行官
For further information, please visit the Onyx Gold Corp. website at or contact:
欲了解更多信息,請訪問Onyx Gold Corp.網站: 或聯繫:
Brock Colterjohn, President & CEO
or
Nicole Hoeller, VP of Corporate Communications
Brock Colterjohn,總裁 & CEO
或者
Nicole Hoeller,企業通信副總裁
Phone: 1-604-629-1165 or North American toll-free 1-855-629-1165
Email: nicole@onyxgold.com or information@onyxgold.com.
Website:
LinkedIn:
Twitter:
電話:1-604-629-1165或北美免費電話 1-855-629-1165
電子郵件:nicole@onyxgold.com或information@onyxgold.com。
網站:
領英:
推特:
Neither TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.
tsxv及其監管服務提供商(如tsxv政策中所定義的那樣)均不承擔本公告的充分性或準確性責任。
Cautionary and Forward-Looking Statements
警告和前瞻性陳述
This news release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. Forward-Looking statements relate to future events or future performance and reflect the expectations or beliefs of management of the Company regarding future events. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as "intends" or "anticipates", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "should", "would" or "occur". This information and these statements, referred to herein as "forward‐looking statements", are not historical facts, are made as of the date of this news release and include without limitation, statements regarding discussions of future plans, estimates and forecasts and statements as to management's expectations and intentions with respect to, among other things, the intention of the Company to proceed with the exercise of the Option under the Agreement on the terms and conditions set out therein, the Company's expectation to issue the Shares pursuant to the Agreement, the approval of the TSXV for the Agreement, the Company's future exploration plans, the possibility of the Bonus Payment becoming payable and the expected entering into of the Lock-Up Agreement.
本新聞公告包含可能構成適用加拿大證券法規範下的前瞻性信息和聲明。前瞻性聲明涉及未來事件或未來表現,並反映了公司管理層關於未來事件的期望或信念。通常,前瞻性信息和聲明可通過使用如“擬”或“預計”的前瞻性術語或此類詞語和短語的變體,或表明某些行動,事件或結果“可能”,“可能”,“應該”,“將”或“發生”的陳述來標識。這些信息和陳述,這裏稱爲“前瞻性聲明”,不是歷史事實,是自本新聞發佈日期起作出的,幷包括但不限於,有關未來計劃,估計和預測的陳述和關於公司意圖的陳述;根據協議的條款和條件行使該公司的選擇權的意圖;公司預計根據協議發行股票;TSXV對協議的批准;公司未來的勘探計劃;可能支付紅利款項並預計簽訂鎖定協議。
These forward‐looking statements involve numerous risks and uncertainties, and actual results might differ materially from results suggested in any forward-looking statements. These risks and uncertainties include, among other things, the Company not receiving the necessary regulatory approvals in respect of the Agreement; changes in the Company's plan with respect to the exercise of the Option and the Company's exploration plans; that the obligation to make the Bonus Payment may be triggered; that the Lock-Up Agreement may not be entered into; recent market volatility; and the state of the financial markets for the Company's securities.
這些前瞻性聲明涉及衆多風險和不確定因素,並且實際結果可能與任何前瞻性聲明所暗示的結果有很大不同。這些風險和不確定因素包括但不限於,公司未獲得有關協議的必要監管批准;公司計劃與選擇權行使和公司勘探計劃方面的變化;可能觸發支付紅利款項的義務;鎖定協議可能不會簽訂;最近市場波動;以及公司證券的金融市場狀況。
In making the forward looking statements in this news release, the Company has applied several material assumptions, including without limitation, that the Company will receive the necessary regulatory approvals in respect of the Agreement, that the Company will be able to comply with the terms of the Agreement, including the issuance of the Shares, in order to exercise the Option, that the Company will have the necessary resources to carry out its exploration plans as anticipated, or at all, and that the Company will receive an executed Lock-Up Agreement from HighGold.
在本新聞公告中作出前瞻性聲明時,公司引用了幾項重要假設,包括但不限於,公司將獲得有關協議的必要監管批准,公司將能夠遵守協議的條款,包括髮行股票以行使選擇權,在預期的或完全獲得必要資源的情況下執行其勘探計劃,並且公司將從HighGold獲得簽署的鎖定協議。
Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial out-look that are incorporated by reference herein, except in accordance with applicable securities laws. We seek safe harbor.
儘管公司管理層試圖確認可能導致實際結果與前瞻性聲明或前瞻性信息不同的重要因素,或意圖,或預估,但可能還存在導致結果不如預期、估計或預期的其他因素。因此,讀者不應就前瞻性聲明和前瞻性信息做出過多的依賴。讀者應被告知,依賴這種信息可能不適合其他用途。該公司不承諾更新任何已被納入其中的前瞻性聲明、前瞻性信息或財務展望,除非按照適用的證券法規。我們尋求安全港。