TORONTO, ON / ACCESSWIRE / January 17, 2023 / Big Tree Carbon Inc. (the "Company" or "Big Tree") (TSXV:BIGT) is pleased to announce that Ian Brodie-Brown, Director of Business Development, will speak on the panel for "Decarbonizing Mine Operations" at the 2nd Energy Transition Summit in Toronto on Thursday January 19th. Mr. Brodie-Brown will join representatives from Glencore, Agnico Eagle, Kinross, and the OECD's Nuclear Energy Agency to discuss decarbonizing mining operations through renewable energy perspectives and the financing and investments needed for creating green infrastructure.
Big Tree is the first publicly traded company to integrate a Natural Asset Resource development approach with its traditional mineral resource projects. Taking the view that Natural Resources have become more valuable alive, as filters of industry, cleaners of industrial airborne pollutants, producers of oxygen and home to the millions of other species that share the planet, Big Tree has introduced a Natural Asset Stewardship approach - developing forest carbon offset projects for the offset needs of the mining and other industrial emitters, and developing a biodiversity asset strategy to protect future requirements to mitigate global biodiversity loss.
NATURAL ASSET RESOURCES:
Big Tree's Natural Asset Resource projects include the Lac Seul Project and the Agoke Forest Project in Northwestern Ontario's Great Boreal Forest.
Lac Seul Project
Lac Seul (carbon credits) at 22,063 hectares (54,517 acres) on the Lac Seul First Nation reserve lands, with a first right of refusal on the larger 800,000 hectare (1,976,800 acres) Lac Seul Forest license area (See Press Release dated November 30, 2022).
Agoke Forest Project
Big Tree has partnered with Agoke Development LP ("ADLP") to bring upwards of 974,000 hectares of potential carbon offsetting to market in a larger 1,028,496 hectare forest (the "Ogoki Forest"). Agoke Development Corp. ("ADC") is the general partner of the limited partnership also comprising Aroland First Nation, Eabametoong First Nation, and Marten Falls First Nation within whose traditional territories the Ogoki Forest is located. Pursuant to the terms of the Emissions Reduction Benefits Management Agreement ("ERBMA"), Big Tree will assist ADLP in designing and financing the project.
MINERAL ASSETS:
Big Tree's Mineral Assets are represented by a strong portfolio of gold prospects in the Red Lake and Birch-Uchi greenstone belts in the Red Lake Mining District of Northern Ontario, Canada.
Ranger Lake Gold Property
The Ranger Lake Property consists of 236 mineral claims totalling 4,790 hectares, held 100% with no royalty. Situated in the Ranger and Otter Lake mining townships, partly within the Municipality of Red Lake, the project is located 10 kilometres east of the Campbell/Red Lake mine complex. Having completed an initial 8 holes in 2021, the Company continues to interpret information gathered from this first drill program, including SGH soil sampling surveys completed on further targets, and completion of a drone-supported magnetometry survey. The Company is permitted for drilling activities on the property through March 2024.
Richardson Lake Gold Property
The Richardson Lake Property consists of 175 mineral claims totalling 3,276 hectares, held 100% with no royalty. Located in the Casummit Lake area 8 kilometres from the Springpole gold deposit (One of the largest, undeveloped, open-pit gold deposits in Canada: Reserves of 3.8 million ounces gold at .97 g/t, 20.5 million ounces of silver at 5.2 g/t - Average annual gold production of 335,000 ounces in years 1 through 9 - Positive Economics, +11 year mine life)
The Richardson Lake Property is contiguous to the past-producing Argosy Mine. The Argosy was mined between 1931 and 1952 and produced 101,875 ounces of gold from 276,573 tons of ore at an average grade of 0.37 ounces per ton (12.7 g/t) Au. The Argosy Mine is located at the south end of Richardson Lake. Big Tree completed several exploration programs on the property, including gold discoveries from drilling the north end of Richardson Lake in 2012 and 2014.
Highlights from drill holes RL-12-07 and RL-14-08
RL-12-07 (1):
15 metres of 1.83 grams/tonne Au:
Including:
9.0 metres of 2.95 g/t Au
4.0 metres of 6.0 g/t Au
3.0 metres of 7.4 g/t Au
1.0 metres of 11.1 g/t Au
RL-14-08 (2):
18 metres of 1.85 grams/tonne Au:
Including:
10.0 metres of 2.93 g/t Au
4.5 metres of 6.0 g/t Au
3.5 metres of 7.57 g/t Au
2.5 metres of 10.4 g/t Au
(1) See Press Release dated April 12, 2012. (2) See Press Release dated November 4, 2014.
In 2021, the Company completed an SGH soil sampling program on the western shore of Richardson Lake. In 2022, the Company completed an innovative lake bottom sediment SGH sampling program on the western embayments of Richardson Lake, with results pending.
Western Fold Gold Property
The Company retains an 2% NSR on the Western Fold claim block, optioned to Newrange Gold, contiguous to the Richardson Lake Gold Property, consisting of 110 mineral claims totalling 2,170 hectares. Newrange exercised their option on December 23, 2021. The claims are subject to a 2 km area of influence and a 2% NSR, of which 1% may be acquired for a $1,000,000 cash payment to Big Tree.
Bridget Lake Gold Property
The Company retains a 35% interest in the Bridget Lake property in the Red Lake Mining District. The Bridget Lake property is held 65% by Evolution Gold Mining Operations Ltd. (the "Bridget JV Operator"). Located at the west end of Red Lake, Bridget Lake is a legacy project between Big Tree predecessor AurCrest Gold and Gold Corp Inc.
Trout Lake South Gold Property
The Trout Lake South Property consists of 654 claims totalling 13,280 hectares, held 100% by the Company with no royalty. Situated in the Joyce River, Gerry Lake, and Knott mining townships. The Company completed a limited grassroots prospecting program in 2021.
ABOUT BIG TREE CARBON INC.
Big Tree Carbon Inc. is an indigenous led publicly-traded natural asset development company based in Ontario, Canada. The Company maintains several legacy mineral exploration properties in Northwestern Ontario as active exploration holdings, including the Ranger Lake, Richardson Lake, Trout Lake South and Bridget Lake properties. The Company is currently developing two First Nations forest carbon offset project development partnerships for the Lac Seul First Nation "Lac Seul Community Forest Project" and the Ogoki Forest. Subsidiary corporation Wiigwaasaatig Energy Inc. is a contributor to the Company's sustainable forest optimization approach, focusing on renewable electrical generation and biofuel processing in partnership with proximal indigenous communities.
FOR FURTHER INFORMATION PLEASE CONTACT:
Big Tree Carbon Inc.
Christopher Angeconeb President and C.E.O. (807) 737-5353 christopherangeconeb@gmail.com
Ian Brodie-Brown Director of Business Development (416) 844-9969 bigtree007@icloud.com
Forward Looking Statement:
Some of the statements contained herein may be forward-looking statements which involve known and unknown risks and uncertainties. Without limitation, statements regarding potential mineralization and resources, exploration results, and future plans and objectives of the Company are forward looking statements that involve various risks. The following are important factors that could cause the Company's actual results to differ materially from those expressed or implied by such forward looking statements: changes in the world-wide price of mineral commodities, general market conditions, risks inherent in mineral exploration, risks associated with development, construction and mining operations, the uncertainty of future profitability and the uncertainty of access to additional capital. There can be no assurance that forward-looking statements will prove to be accurate as actual results and future events may differ materially from those anticipated in such statements. Big Tree undertakes no obligation to update such forward-looking statements if circumstances or management's estimates or opinions should change. The reader is cautioned not to place undue reliance on such forward-looking statements.
Neither 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.
Big Treeの自然資産資源プロジェクトには,オンタリオ州北西部大北方森林のLac SeulプロジェクトとAgoke森林プロジェクトがある。
Lac Seulプロジェクト
Lac Seul(炭素クレジット)は,Lac Seul First Nation保留土地上の22,063ヘクタール(54,517エーカー)であり,より面積の大きい800,000ヘクタール(1,976,800エーカー)のLac Seul森林許可区域に対して優先購入権を有する(2022年11月30日のプレスリリース参照)。
アゴク森林プロジェクト
Big TreeはAgoke Development LP(“ADLP”)と協力し,より広い面積の1,028,496ヘクタールの森林(“Ogoki森林”)のうち,974,000ヘクタールを超える潜在炭素補償を市場に投入する。Agoke Development Corp.(“ADC”)は、Aroland First Nation、EabamToong First Nation、Marten Falls First Nationを含む有限組合の一般パートナーであり、Ogoki森林はこれらの伝統的な領地内に位置する。Big Treeは、“削減効果管理プロトコル”の条項に基づいて、ADLPの設計と支援を支援する。
鉱物資産:
Big Treeの鉱物資産はカナダオンタリオ省北部紅湖鉱区紅湖とBirch-Uchi緑岩帯の黄金見通しの強いポートフォリオである。
レンジャーズ湖黄金地所
♪the the the遊騎兵湖ホテル236個の鉱業権からなり、総面積は4,790ヘクタールに達し、100%保有しており、特許権使用料を支払う必要がない。このプロジェクトはRangerとOtter Lake鉱業町に位置し,一部は紅湖市内に位置し,Campbell/Red Lake鉱山総合体の東10キロに位置している。2021年に最初の8つの穴が完成した後、同社は、他の目標のSGH土壌サンプリング調査の完了、および無人機支援の磁気測定調査の完了を含む、最初の掘削計画から収集した情報を説明し続けた。同社は2024年3月まで同物件での掘削活動を許可された。
リチャードソン湖黄金地所
♪the the theリチャードソン湖ホテル175の鉱業権を含み、総面積は3,276ヘクタールで、100%保有しており、特許権使用料を支払う必要はない。スプリンポリ金鉱から8キロ離れたカスメット湖にあります(カナダ最大で未開発の露天金鉱の一つ:埋蔵量は380万オンス金、埋蔵量は.97 g/トン、埋蔵量は2,050万オンス銀、埋蔵量は5.2 g/トン-1~9年の平均黄金年間生産量は33.5万オンス-積極経済学、+11年鉱山寿命)
♪the the the鮭湖南区ホテル654件の請求を含め、総面積は13,280ヘクタールで、当社が100%保有しており、特許権使用料はいただいておりません。ジョイス川、グリ湖、クノット鉱業の町にあります。同社は2021年に限られた末端探査計画を完成した。
Big Tree Carbon Inc.について
大樹炭素会社は本土主導の上場自然資産開発会社で、カナダオンタリオ州に本部を置いている。同社はオンタリオ省北西部にいくつかの残された鉱物探査物件を有し、Ranger Lake、Richardson Lake、Trout Lake SouthとBridget Lake物件を含む活発な探査資産として存在する。同社は現在,Lac Seul First Nation“Lac Seulコミュニティ森林プロジェクト”とOgoki森林開発のための2つの第1民族森林炭素相殺プロジェクトのパートナーシップを発展させている。子会社Wiigwaasaatig Energy Inc.は会社の持続可能な森林最適化方法の貢献者であり、隣接する先住民コミュニティと協力し、再生可能エネルギー発電とバイオ燃料加工に集中している。
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オーストラリアでは、moomooの投資商品及びサービスはMoomoo Securities Australia Limitedによって提供され、オーストラリア証券投資委員会(ASIC)の管理を受けております(AFSL No. 224663)。「金融サービスガイド」、「利用規約」、「プライバシーポリシー」などの詳細は、Moomoo Securities Australia Limitedのウェブサイトhttps://www.moomoo.com/auでご確認いただけます。