Hemlo Explorers Provides Further Update on Pic Project Option
Hemlo Explorers Provides Further Update on Pic Project Option
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TORONTO, Jan. 04, 2024 (GLOBE NEWSWIRE) -- Hemlo Explorers Inc. (the "Company") (TSXV: HMLO) is pleased to update its shareholders on the progress made by Barrick Gold Inc. ("Barrick") on the Pic Project for the three months ended September 30, 2023. Barrick continues to earn into the Pic Project as announced in the Company's press release dated August 29, 2022.
多倫多,2024年1月4日(GLOBE NEWSWIRE)——Hemlo Explorers Inc.(“公司”)(多倫多證券交易所股票代碼:HMLO)很高興向其股東通報巴里克黃金公司(“巴里克”)在截至2023年9月30日的三個月中在Pic項目上取得的最新進展。正如該公司在2022年8月29日的新聞稿中宣佈的那樣,巴里克繼續在Pic項目中獲利。
In the quarter ended September 30, 2023, Barrick's exploration team continued detailed work at Porphyry Lake, Page Lake, and around the Beggs Lake Stock ("BLS"). Three separate exploration areas have been noted around the BLS, including Moses Prospect, Begg's Lake East and Roccian Lake areas (see Figure 1).
在截至2023年9月30日的季度中,巴里克的勘探團隊繼續在波菲裏湖、佩奇湖和貝格斯湖斯托克(“BLS”)周圍進行詳細工作。在勞工統計局周圍發現了三個獨立的勘探區域,包括摩西勘探區、貝格湖東部和羅西安湖區域(見圖 1)。
Exploration work in Q3 included detailed mapping, till sampling, soil sampling, rock sampling, and starting a 2,500-metre diamond drill program. Proposed drill collars for the 2023 program are illustrated on Figure 1 indicated by the white dots with a black centre.
第三季度的勘探工作包括詳細測繪、礦山採樣、土壤取樣、岩石取樣,以及啓動2500米的金剛石鑽探計劃。2023 年計劃的擬議鑽項圈如圖 1 所示,中間爲黑色的白點所示。
Figure 1: Location Map of Exploration Work in Q3
圖 1:第三季度勘探工作的位置圖
Till samples were taken at stations corresponding to the red circles shown in Figure 1, adding to previous samples acquired during Q2-23. These 11 kg samples were split into a 10 kg sample that went to Overburden Drilling Management Ltd. ("ODM") for mineral grain analysis, and a 1 kg sample that was screened and assayed for Au and a suite of multi-elements. The combined till sampling dataset from Phases 1, 2 (collected in Q2-23), and 3 comprise 371 till sample stations. Results from the complete till sample dataset are displayed in Figure 2.
直到樣本是在與圖 1 所示的紅色圓圈相對應的站點採集的,這是對之前在 Q2-23 期間採集的樣本的補充。這11千克的樣品被分成一個10千克的樣本,交給Overbourde Drilling Management Ltd.(“ODM”)進行礦物顆粒分析,再分成一個1千克的樣品,該樣本經過金和一系列多元素的篩選和檢驗。第 1、第 2 階段(在 Q2-23 中收集)和第 3 階段的合併採樣數據集包括 371 個直升機採樣站。完整直至樣本數據集的結果顯示在圖 2 中。
Figure 2: Beggs Lake Stock and Page Lake till survey locations and results
圖 2:Beggs Lake Stock 和 Page Lake 直至調查地點和結果
A comprehensive soil sampling program was conducted in Q2 of 2023, with results now available (see Figure 3). The best results were found north of the Wire Lake Zone, along strike to the northwest (red high-Au dots). Rock sampling was conducted around the Beggs Lake Stock and Porphyry Lake areas (see Figure 4).
2023 年第二季度開展了一項全面的土壤採樣計劃,現已獲得結果(見圖 3)。最佳結果出現在Wire Lake區域以北,沿着西北方向行進(紅色高AU點)。岩石採樣是在 Beggs Lake Stock 和 Porphyry Lake 區域周圍進行的(見圖 4)。
Figure 3: Southern Pic Project soil survey results taken in Q2 and reported in Q3
圖 3:Southern Pic 項目第二季度採集並在第三季度報告的土壤調查結果
Figure 4: Results of rock sampling around the BLS and Porphyry Lake areas
圖 4:BLS 和 Porphyry Lake 區域周圍的岩石採樣結果
An initial drill program has begun at the Pic Project, with two diamond drill holes completed at Porphyry Lake, and a third hole started at Beggs Lake East (Figure 4). Details on the drill collars are listed below in Table 1. A schematic cross-section is presented in Figure 5 illustrating the relationship between holes PyL23-001 and -002. These two holes have intercepted narrow feldspar porphyry dikes that are the target lithologies to host gold mineralization in the area. Assays are pending.
Pic Project 的初步鑽探計劃已經開始,在 Porphyry Lake 完成了兩個金剛石鑽孔,第三個鑽孔始於 Beggs Lake East(圖 4)。下表 1 中列出了鑽環的詳細信息。圖 5 中給出了示意截面,說明了孔 pyL23-001 和 -002 之間的關係。這兩個洞已經截獲了狹窄的長石斑岩堤壩,這些岩石是該地區金礦化的目標巖性。化驗尚待進行。
Table 1: Drill Hole Information
表 1:鑽孔信息
Drillhole Name | Easting | Northing | Elevation | Azimuth | Dip | Depth |
PyL23-001 | 559396 | 5409982 | 350 | 250 | 50 | 172 |
PyL23-002 | 559234 | 5410142 | 348 | 120 | 50 | 376 |
BLE23-002 | 556876 | 5413701 | 359 | 120 | 50 | 350 |
鑽孔名稱 | 向東 | 北方 | 海拔 | 方位角 | 浸 | 深度 |
pyl23-001 | 559396 | 5409982 | 350 | 250 | 50 | 172 |
pyl23-002 | 559234 | 5410142 | 348 | 120 | 50 | 376 |
BLE23-002 | 556876 | 5413701 | 359 | 120 | 50 | 350 |
Figure 5: Cross-section in the Porphyry Lake area showing holes PyL23-001 and 002
圖 5:斑岩湖區域的橫截面顯示了 pyl23-001 和 002 洞
Mr. Brian Howlett, CEO of Hemlo Explorers commented, "Barrick's commitment to exploring the Pic Project, both known targets as well as more under-explored areas is extremely encouraging. The team is continuing to expand the project area with robust, tried and tested mapping, till, and soil sampling programs, and we are excited to learn of their results. We are also pleased to see that the initial exploration results have motivated Barrick's team to start a drill program. It's notable that Barrick committed to spending $800,000 in the first year of exploration and have exceeded that amount significantly by spending over $2.6 million in the first thirteen months since signing the option agreement. We look forward to drill results from the current program early in 2024."
Hemlo Explorers首席執行官布萊恩·霍利特先生評論說:“巴里克致力於探索Pic項目,包括已知目標和更多未開發區域,這非常令人鼓舞。該團隊將繼續通過強大的、久經考驗的測繪、耕作和土壤採樣計劃擴大項目範圍,我們很高興得知他們的結果。我們還高興地看到,初步的勘探結果激發了巴里克團隊啓動鑽探計劃。值得注意的是,巴里克承諾在勘探的第一年花費80萬美元,並且自簽署期權協議以來的前13個月中,支出超過260萬美元,大幅超過了這一數額。我們期待在2024年初獲得當前項目的鑽探結果。”
Technical Information
技術信息
Dr. Lesley Rose, P.Geo., Senior Exploration Geologist for the Company, is the "Qualified Person" as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects, responsible for the accuracy of technical information contained in this news release.
該公司高級勘探地質學家萊斯利·羅斯博士 P.Geo. 是《國家儀器》43-101 定義的 “合格人員” 礦產項目披露標準,對本新聞稿中包含的技術信息的準確性負責。
About Hemlo Explorers Inc.
關於 Hemlo Explorers Inc.
Hemlo Explorers is a Canadian-based mineral exploration company with a portfolio of properties in Ontario and Nunavut. We are focused on generating shareholder value through the advancement of our main Hemlo area, including Project Idaho, the Pic and North Limb Projects.
Hemlo Explorers是一家總部位於加拿大的礦產勘探公司,在安大略省和努納武特地區擁有房地產投資組合。我們專注於通過發展我們的主要Hemlo領域,包括愛達荷項目、Pic和North Limb項目,爲股東創造價值。
For more information please contact:
欲了解更多信息,請聯繫:
Brian Howlett, President & CEO
Hemlo Explorers Inc.
brian@hemloexplorers.ca
1-647-227-3035
布萊恩·霍利特,總裁兼首席執行官
Hemlo Explorers Inc
brian@hemloexplorers.ca
1-647-227-3035
Forward-Looking Information
前瞻性信息
Certain information set forth in this news release may contain forward-looking information that involve substantial known and unknown risks and uncertainties, including, but not limited to, exploration results, potential mineralization, statements relating to mineral resources, the advancement of the Pic Project and the Company's plans with respect to the exploration and development of its properties. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of the Company, including, but not limited to, the impact of general economic conditions, industry conditions, volatility of commodity prices, risks associated with the uncertainty of exploration results and estimates, currency fluctuations, dependency upon regulatory approvals, due diligence risks, the uncertainty of obtaining additional financing, exploration risk and Covid-19 pandemic related orders. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking information. The Company does not undertake to update such forward-looking information except as required by applicable securities laws.
本新聞稿中列出的某些信息可能包含前瞻性信息,涉及大量已知和未知的風險和不確定性,包括但不限於勘探結果、潛在礦化情況、與礦產資源有關的聲明、Pic項目的進展以及公司有關其物業勘探和開發的計劃。這些前瞻性陳述受到許多風險和不確定性的影響,其中某些風險和不確定性是公司無法控制的,包括但不限於總體經濟狀況的影響、行業狀況、大宗商品價格的波動、與勘探結果和估計的不確定性相關的風險、貨幣波動、對監管批准的依賴、盡職調查風險、獲得額外融資的不確定性、勘探風險和Covid-19疫情相關訂單。請讀者注意,編制此類信息時使用的假設雖然在編寫時被認爲是合理的,但可能被證明是不準確的,因此,不應過度依賴前瞻性信息。除非適用的證券法要求,否則公司不承諾更新此類前瞻性信息。
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.
多倫多證券交易所風險投資交易所及其監管服務提供商(該術語在多倫多證券交易所風險投資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。