Power Group Provides an Update on Exploration Activities for the Muddy Gullies Property
Power Group Provides an Update on Exploration Activities for the Muddy Gullies Property
Vancouver, British Columbia--(Newsfile Corp. - October 11, 2022) - Power Group Projects Corp. (TSXV: PGP) (the "Company") is pleased to provide an update on recent exploration activities. The Company is active on multiple high potential poly metallic properties in Northern British Columbia and Newfoundland and Labrador.
温哥華,不列顛哥倫比亞省-(Newsfile Corp.-2022年10月11日)-Power Group Projects Corp. (TSXV:PGP)(“公司“)很高興提供最近勘探活動的最新情況。該公司在不列顛哥倫比亞省北部、紐芬蘭和拉布拉多的多個高潛力多金屬礦藏上開展活動。
Muddy Gullies Property
泥濘的沖溝財產
The Muddy Gullies Property is located 28 kilometres northeast of the town of Gander, NL. Route 330 affords easy access to the property as does Muddy Gullies access road which runs east from route 330. Recent work completed on the property by the Company concentrated on the main platinum+palladium target and includes line cutting, mapping and prospecting, a LiDAR and photogrammetry survey, and a helicopter-borne magnetometer survey.
渾水沖溝位於北卡羅來納州甘德鎮東北28公里處。330號公路可以很容易地到達酒店,從330號公路向東延伸的泥濘溝渠通道也是如此。該公司近期完成的工作主要集中在主要的鉑+鈀目標上,包括線切割、測繪和勘探、激光雷達和攝影測量測量,以及直升機載磁力計測量。
Program Highlights:
計劃要點:
The mapping and sampling program identified an extensive area of pyroxenite outcrop. Thirty-one samples of pyroxenite were collected and analytical results ranged from 0.007 to 0.299 ppm Pt (average 0.064 ppm) and 0.003 to 0.407 ppm Pd (average 0.077 ppm). These values are comparable to historic sampling on the property and confirm the excellent potential for the discovery of significant Pt+Pd mineralization on the property. The samples were analyzed by ALS Canada Ltd, in North Vancouver, BC. After crushing and pulverizing, the samples were analyzed using ALS's PGM-ICP23 method. This method analyzes for Pt, Pd and Au with a 30g fire assay and ICP finish.
測繪和取樣計劃確定了輝石巖露頭的大片區域。採集了31個輝石巖樣品,分析結果在0.007-0.299 ppm的鉑(平均0.064 ppm)和0.003-0.407 ppm的Pd(平均0.077 ppm)之間。這些數值與該礦產的歷史採樣相當,證實了在該礦產上發現重大鉑+鈀礦化的極佳潛力。樣本由不列顛哥倫比亞省北温哥華的ALS加拿大有限公司進行分析。樣品粉碎粉碎後,用ALS的PGM-ICP23方法進行分析。該方法用30g火試金和電感耦合等離子體光譜分析鉑、鈀和金。
The LiDAR and Photogrammetry surveys were conducted by drone equipment and covered 20.7 km². The data collected will be a useful aid in the compilation of data from all the various surveys on the property. This work, as well as the helicopter-borne magnetometer survey, was contracted to RPM Aerial Surveys, of Holyrood, NL.
激光雷達和攝影測量是由無人機設備進行的,覆蓋面積為20.7平方公里。收集到的數據將有助於彙編關於該房產的所有各種調查的數據。這項工作以及直升機攜帶的磁力儀測量工作承包給了內華達州Holyrood的RPM航空測量。
The helicopter-borne magnetic survey comprised approximately 265 line-kilometers, covering the entire property. The interpretation of the magnetic susceptibility data identified several strongly anomalous zones that coincided with very low resistivity modelled from data collected by a VTEM survey in 2012. From this interpretation, four high priority drill targets have been identified.
直升機攜帶的磁測長約265線公里,覆蓋了整個房產。對磁化率數據的解釋發現了幾個與極低電阻率重合的強烈異常帶,這些電阻率是根據2012年VTEM調查收集的數據建模的。從這一解釋中,確定了四個高度優先的演習目標。
All the necessary permits for a planned 1,000-metre, four-hole, drill program are in place.
計劃中的1000米四孔鑽探計劃的所有必要許可都已經到位。
About the Muddy Gullies Property:
關於渾水溝的財產:
The Property comprises 113 claim units (8 licences) covering 28.25 km². The Property is host to several historical platinum, palladium, copper and gold showings, as indicated by the Mineral Occurrence Database System, Department of Natural Resources, Newfoundland & Labrador. The Property is underlain by a portion of the Gander River Ultramafic Belt (GRUB LINE) which consists of pyroxenite and lessor serpentinite, magnesite, amphibolite, hornblendite, and gabbro.
該財產包括113個索賠單位(8個許可證),總面積為28.25平方公里。紐芬蘭和拉布拉多省自然資源部的礦物賦存數據庫系統表明,該地產曾多次展示鉑、鈀、銅和黃金。該地產被甘德河超鎂鐵質巖帶的一部分所覆蓋,該超鎂鐵質巖帶由輝石巖和較低的蛇紋巖、菱鎂礦、角閃巖、角閃巖和輝長巖組成。
The mafic and ultramafic rocks of the GRUB LINE are considered to be an ophiolitic suite of volcanic and plutonic rocks which have tectonically emplaced over the Gander Groups.
GRUB線的鎂鐵質和超鎂鐵質巖石被認為是一套蛇綠巖系火山巖和深成巖,在構造上侵位在甘德羣之上。
Local and Regional Geology
地方和區域地質學
The Muddy Gullies property straddles the contact between the Dunnage and Gander tectonostratigraphic zones. The Gander River Complex (GRC), originally termed the Gander River Ultrabasic Belt (GRUB Line) defines the eastern edge of the Dunnage Zone and underlies most of the property. The GRC is a north-northeast trending belt of pyroxenite, mafic volcanics, gabbro, tonalite, serpentinite and other ultramafic lithologies. The geology is characteristic of an ophiolite suite of igneous rocks which were deposited on the ocean floor and now form the base of the Dunnage Zone.
泥濘沖溝位於達納奇和甘德構造地層帶之間的交界處。甘德河複合體(GRC),最初被稱為甘德河超基性帶(GRUB線),定義了保税區的東部邊緣,是大部分財產的基礎。GRC是一條北東向的輝石巖、鎂鐵質火山巖、輝長巖、英雲閃長巖、蛇紋巖等超鎂鐵質巖帶。地質特徵是一套蛇綠巖套火成巖,它們沉積在洋底,現在形成了承壓帶的底部。
The GRC stratigraphy has been the subject of mineral exploration since the 1950's with the initial focus being on asbestos, chromium and base metals. Subsequent exploration programs between 1986 and 2013 have focussed on gold, copper and platinum group elements (PGE). Highlights from assessment reports on the area include the outline of a significant PGE target in a coarse grained pyroxenite, south of Muddy Gullies Pond and the outlining of northeast trending gold (± copper) mineralization across the central block of claims and including the Main Zone trend and the Weirs Pond showing.
自20世紀50年代以來,GRC地層學一直是礦產勘探的主題,最初的重點是石棉、鉻和賤金屬。1986年至2013年間的後續勘探計劃主要集中在金、銅和鉑族元素(PGE)上。關於該地區的評估報告的要點包括:泥石溝池塘以南粗粒輝石巖中一個重要的PGE目標的輪廓,以及橫跨索賠中心區塊的東北走向的金(±銅)礦化的輪廓,包括主帶趨勢和堰塘的顯示。
Power Group Projects acknowledges the financial support of the Muddy Gullies project by the Government of Newfoundland and Labrador, through the Department of Industry, Energy and Technology Junior Exploration Assistance Program.
Power Group Projects感謝紐芬蘭和拉布拉多政府通過工業、能源和技術部初級勘探援助方案為渾水溝項目提供的財政支持。
Qualified Person
有資格的人
Chris M. Healey, P.Geo., Technical Advisor to the Company and a Qualified Person ("QP") as defined by National Instrument 43-101 - Standards of Disclosure for Mineral Projects, has reviewed and approved the scientific and technical information reported in this news release.
Chris M.Healey,P.Geo,公司技術顧問,合格人士(“QP“)按照《國家文書43-101》的定義-《礦產項目信息披露標準》,對本新聞稿中報道的科技信息進行了審查和批准。
For further information, please contact:
如需更多信息,請聯繫:
Aleem Nathwani
Chief Executive Officer and Chairman
Tel: (604) 290-7073
Email: aleem.nathwani@gmail.com
Aleem Nathwani
首席執行官兼董事長
電話:(604)290-7073
電子郵件:aleem.nathwani@gmail.com
Cautionary Statement on Forward-Looking Information
關於前瞻性信息的警示聲明
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.
多倫多證券交易所創業板交易所及其監管服務提供商(該術語在多倫多證券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。
This news release contains certain "forward-looking information" within the meaning of applicable securities laws. Forward-looking information is frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate", "may", "will", "would", "potential", "proposed" and other similar words, or statements that certain events or conditions "may" or "will" occur. These statements are only predictions. Forward-looking information is based on the opinions and estimates of management at the date the information is provided, and is subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information. For a description of the risks and uncertainties facing the Company and its business and affairs, readers should refer to the Company's Management's Discussion and Analysis. The Company undertakes no obligation to update forward-looking information if circumstances or management's estimates or opinions should change, unless required by law. The reader is cautioned not to place undue reliance on forward-looking information.
本新聞稿包含適用證券法所指的某些“前瞻性信息”。前瞻性信息的特點常常是“計劃”、“預期”、“項目”、“打算”、“相信”、“預期”、“估計”、“可能”、“將”、“將”、“可能”、“建議”和其他類似的詞語,或某些事件或條件“可能”或“將”發生的陳述。這些聲明只是預測。前瞻性信息以提供信息之日管理層的意見和估計為基礎,會受到各種風險、不確定因素和其他因素的影響,這些因素可能會導致實際事件或結果與前瞻性信息中預測的大不相同。關於公司及其業務和事務面臨的風險和不確定因素的描述,讀者應參考公司管理層的討論和分析。除非法律要求,否則如果情況或管理層的估計或意見發生變化,公司不承擔更新前瞻性信息的義務。告誡讀者不要過度依賴前瞻性信息。
NOT FOR DISSEMINATION OR DISTRIBUTION IN THE UNITED STATES OF AMERICA
不得在美利堅合眾國境內傳播或分發
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