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Newpath Resources Provides Year End Update on Exploration Program at the Alpha/Bravo Project

Newpath Resources Provides Year End Update on Exploration Program at the Alpha/Bravo Project

Newpath Resources 提供了 Alpha/Bravo 项目勘探计划的年终最新情况
newsfile ·  2023/12/20 17:19

Vancouver, British Columbia--(Newsfile Corp. - December 20, 2023) - Newpath Resources Inc. (CSE: PATH) (FSE: 0MZ) (OTC PINK: RDYFF) ("Newpath" or the "Company") is pleased to announce that analytical results have been received from the prospecting program carried out on the Alpha/Bravo project (the "Project") during the late summer and fall of 2023. A total of 142 grab and channel rock samples were collected and submitted for analyses. All results have been received by the Company and are being compared with the LIBS (Laser Induced Breakdown Spectroscopy) data and prospectors' field records. Detailed modelling of the trace element data is ongoing, but results are comparable to other early-stage programs searching for lithium in pegmatite host rocks.

不列颠哥伦比亚省温哥华--(Newsfile Corp.,2023 年 12 月 20 日)— Newpath Resources Inc.(CSE:PATH)(FSE:0MZ)(场外交易代码:RDYFF)(”新路径“或者”公司“)很高兴地宣布,已经收到了在Alpha/Bravo项目上进行的勘探计划的分析结果(”项目“) 在 2023 年的夏末和秋季。共收集了142份采集岩石和河道岩石样本并提交分析。公司已收到所有结果,并正在与LIBS(激光诱导击穿光谱)数据和勘探者的实地记录进行比较。微量元素数据的详细建模正在进行中,但结果与其他在伟晶岩宿主岩中寻找锂的早期项目相当。

The Company is encouraged by the outcome of its 2023 exploration Project at Alpha/Bravo and as a result, issued the final tranche of shares to the vendor. The Company now owns the Project 100% subject to an underlying royalty (See News Release dated December 6, 2023).

该公司对2023年Alpha/Bravo勘探项目的结果感到鼓舞,因此向卖方发行了最后一批股份。该公司现在拥有该项目 100% 的所有权,但须缴纳基础特许权使用费(见2023年12月6日的新闻稿)。

Qualified Person

合格人员

The technical content of this news release has been reviewed and approved by Douglas S. Turnbull, P.Geo., the Company's COO and a "Qualified Person" as defined in National Instrument 43-101 - Standards of Disclosure for Mineral Projects.

本新闻稿的技术内容已由道格拉斯·特恩布尔、P.Geo.、该公司首席运营官和国家仪器43-101——矿业项目披露标准中定义的 “合格人士” 审查和批准。

Private Placement Financing

私募融资

The Company also announces that the Company plans to complete a flow-through private placement offering up to $120,750 by issuance of 1,050,000 common shares (the "Shares") at a price of $0.115 per Share (the "Offering").

该公司还宣布,公司计划通过发行1,050,000股普通股,完成高达120,750美元的直通式私募发行(”股份“)以每股0.115美元的价格出售(”提供“)。

The proceeds raised from the Offering are expected to be used for exploration. All Shares to be issued pursuant to the Offering will be subject to a four-month hold under applicable securities laws in Canada.

本次发行筹集的收益预计将用于勘探。根据加拿大适用的证券法,根据本次发行发行的所有股票将持有四个月。

Acknowledgment of First Nations

对原住民的认可

Newpath Resources Inc. is committed to fostering lasting, transparent, trust-based relationships with the Indigenous communities where we operate. We respectfully acknowledge that our Alpha/Bravo project is on the traditional territories of many Nations including Biinjitiwaabik Zaaging Anishinaabek, Fort William First Nation, Kiashke Zaaging Anishinaabek, Red Rock Indian Band, the Metis Nation of Ontario and Red Sky Metis Independent Nation.

Newpath Resources Inc. 致力于与我们开展业务的土著社区建立持久、透明、基于信任的关系。我们恭敬地承认,我们的Alpha/Bravo项目位于许多国家的传统领土上,包括Biinjitiwaabik Zaaging Anishinaabek、Fort William First Nation、Kiashke Zaaging Anishinaabek、Red Rock Indian Band、安大略梅蒂斯民族和红天梅蒂斯独立国家。

Newpath Resources recognizes the great privilege of conducting work on these lands and recognizes the accountability and commitment we owe to the communities who have resided here since time immemorial. Newpath shares a common interest in ensuring that the lands and waters will continue to provide cultural, environmental, and economic wellbeing for Indigenous communities for generations to come.

Newpath Resources认识到在这些土地上开展工作的巨大荣幸,并认可我们对自远古以来一直居住在这里的社区负有的责任和承诺。Newpath在确保土地和水域能够为子孙后代继续为土著社区提供文化、环境和经济福祉方面有着共同的利益。

About Newpath Resources Inc.

关于 Newpath 资源公司

Newpath is a Canadian exploration company listed on the Canadian Securities Exchange under the symbol PATH. Newpath's early-stage Orefield critical metal exploration project, which is composed of three claim groups (Alpha/Bravo, Charlie and Delta), totals 3,180 claim units covering approximately 67,448 hectares (approximately 674 square kilometres) west and southwest of Lake Nipigon in Northern Ontario. The company also wholly owns the Northshore gold project located in the Schreiber-Hemlo greenstone belt.

Newpath是一家在加拿大证券交易所上市的加拿大勘探公司,股票代码为PATH。Newpath的早期Orefield关键金属勘探项目由三个索赔组(Alpha/Bravo、Charlie和Delta)组成,共有3,180个索赔单元,覆盖安大略省北部尼皮贡湖以西和西南约67,448公顷(约674平方千米)。该公司还全资拥有位于施雷伯-赫姆洛绿岩带的北岸黄金项目。

On Behalf of the Company,

代表公司,

NEWPATH RESOURCES INC.

NEWPATH 资源公司

"Alexander McAulay"
Chief Executive Officer
Email: amcaulay@newpathresource.com
CEO Direct Line: +1 (604) 365-0425

亚历山大·麦考利
首席执行官
电子邮件:amcaulay@newpathresource.com
首席执行官直线电话:+1 (604) 365-0425

Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.

加拿大证券交易所及其监管服务提供商(该术语在CSE的政策中定义)均不对本新闻稿的充分性或准确性承担责任。

Cautionary Statement Regarding Forward-Looking Information

关于前瞻性信息的警示声明

This news release may contain certain "forward-looking information". Forward-looking information included in this news release includes, but is not limited to, statements with respect to the results of the field work. Forward-looking information is based upon the assumptions and estimates considered reasonable by management of the Company as of the date such statements are made. Forward-looking information involves known and unknown risks, uncertainties, assumptions, and other factors that may cause the actual results, performance, or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. 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. As a result, readers are cautioned not to place undue reliance on any forward-looking information. Any statement containing forward looking information speaks only as of the date of this news release and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking information, whether as a result of new information, future events or results or otherwise.

本新闻稿可能包含某些 “前瞻性信息”。本新闻稿中包含的前瞻性信息包括但不限于有关实地工作结果的陈述。前瞻性信息基于截至发表此类陈述之日公司管理层认为合理的假设和估计。前瞻性信息涉及已知和未知的风险、不确定性、假设和其他因素,这些因素可能导致公司的实际业绩、业绩或成就与前瞻性信息所表达或暗示的任何未来业绩、业绩或成就存在重大差异。尽管公司管理层试图确定可能导致实际业绩与前瞻性陈述或前瞻性信息中包含的业绩存在重大差异的重要因素,但可能还有其他因素导致业绩不如预期、估计或预期。无法保证此类陈述会被证明是准确的,因为实际结果和未来事件可能与此类陈述中的预期存在重大差异。因此,提醒读者不要过分依赖任何前瞻性信息。任何包含前瞻性信息的声明仅代表截至本新闻发布之日,除非适用的证券法另有要求,否则公司不承担任何更新任何前瞻性信息的意图或义务,无论这些信息是由于新信息、未来事件或业绩或其他原因造成的。

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要查看本新闻稿的源版本,请访问

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