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Green Bridge Metals Announces Prospecting Results Showing Widespread Iron-nickel Oxide Mineralization and Identifying CO2 Sequestration Opportunity at Chrome Puddy Project

Green Bridge Metals Announces Prospecting Results Showing Widespread Iron-nickel Oxide Mineralization and Identifying CO2 Sequestration Opportunity at Chrome Puddy Project

Green Bridge Metals公布的勘探结果显示出广泛的铁镍氧化物矿化,并确定了Chrome Puddy项目的二氧化碳封存机会
Accesswire ·  05/15 18:50

VANCOUVER, BC / ACCESSWIRE / May 15, 2024 / Green Bridge Metals Corporation (CNSX:GRBM)(OTCQB:GBMCF)(FWB:J48, WKN: A3EW4S) ("Green Bridge" or the "Company") is pleased to announce encouraging results for the potential of bulk tonnage nickel (Ni) mineralization based on prospecting of the Chrome Puddy ultramafic intrusion. A total of 52 grab samples of serpentinized ultramafic rock were collected from over 2.5 km strike length and contained values up to 0.38% Ni with an average of 0.20% Ni. Ni mineralization at the Chrome Puddy Project is associated primarily with Ni-rich iron (Fe) oxides including Ni-oxide minerals such as trevorite (NiFe3+O4).

不列颠哥伦比亚省温哥华/ACCESSWIRE/2024年5月15日/绿桥金属公司(CNSX: GRBM)(OTCQB: GBMCF)(FWB: J48,WKN:A3EW4S)(“Green Bridge” 或 “公司”)高兴地宣布,基于Chrome Puddy超镁铁质入侵的勘探,散装吨位镍(Ni)矿化潜力取得了令人鼓舞的结果。从超过2.5千米的走向长度中共采集了52个蛇纹化超镁铁质岩石的采集样本,其中镍值高达0.38%,平均镍含量为0.20%。Chrome Puddy 项目的镍矿化主要与富含镍的铁 (Fe) 氧化物有关,包括钙铁矿 (NiFe) 等镍氧化物矿物3+O4)。

David Suda, CEO of Green Bridge Metals, stated "Green Bridge is focused creating shareholder value by bringing forward exploration and development opportunities to supply critical and strategic minerals to the rapidly growing green economies and power grids of North America and the world beyond. The nickel mineralization associated with iron-nickel oxides such as trevorite at Chrome Puddy provides an exciting opportunity to develop a bulk tonnage nickel deposit that may be amenable to producing an Fe-Ni concentrate by magnetic separation. Furthermore, the serpentinite host rocks of the Chrome Puddy mineralization present an opportunity for CO2 sequestration on a significant scale."

Green Bridge Metals首席执行官大卫·苏达表示:“Green Bridge专注于通过提供勘探和开发机会来创造股东价值,为北美及其他地区快速增长的绿色经济和电网供应关键和战略性矿产。与铁镍氧化物(例如Chrome Puddy的钙钛矿)相关的镍矿化为开发大吨位镍矿床提供了一个令人兴奋的机会,该矿床可能适合通过磁分离生产铁镍精矿。此外,Chrome Puddy 矿化的蛇纹岩主岩为二氧化碳提供了机会2 大规模扣押。”

The Project - Significant nickel mineralization was first discovered in 1964 at Puddy Lake associated with magnetite in serpentinized ultra-mafic rocks. Based on limited drilling south of Puddy Lake, Commerce Nickel Mines Ltd. reported a nickeliferous magnetite resource of 30 million tons grading 0.27% Ni, 0.017% Co and 7.2% recoverable Fe to a depth of 400' (122 m) (Annual Report 1966). The estimate pre-dates and does not comply with Canadian Institute of Mining ("CIM") Definition Standards for Mineral Resources and Mineral Reserves (May, 2014) and CIM Estimation of Mineral Resources & Mineral Reserves Best Practices Guidelines (November, 2019) as required by NI 43-101 and has no comparable resource classification (NI43-101 technical report by Apex Geoscience Ltd for Green Bridge Metals, October 2023). Based on historically reported mineralized drill holes over a 1.9 km strike length the Company has an exploration target estimated at 80 to 100Mt of similar grades to the historical resource from the 1960's. In addition, several untested conductors within the 7 km long ultramafic intrusion that hosts the nickel mineralization provide considerable exploration upside on the project.

该项目——1964 年在 Puddy Lake 首次发现了重要的镍矿化区,与蛇纹化超镁铁质岩石中的磁铁矿有关。根据普迪湖以南的有限钻探,商业镍矿有限公司报告称,在400英尺(122米)的深度下,镍铁矿资源为3000万吨,镍品位为0.27%,钴品位为0.27%,可开采铁为7.2%(7.2%)。该估算值早于加拿大矿业协会(“CIM”)《矿产资源和矿产储量定义标准》(2014年5月)和NI 43-101要求的CIM矿产资源和矿产储量估算最佳实践指南(2019年11月),也没有可比的资源分类(Apex Geoscience Ltd发布的绿桥金属的 NI43-101 技术报告,2023年10月)。根据历史上报告的走向长度为1.9千米的矿化钻孔,该公司的勘探目标估计为80至1亿吨,其品位与1960年代的历史资源相似。此外,承载镍矿化的7千米长的超镁铁质入侵体内的几条未经测试的导体为该项目提供了相当大的勘探前景。

The ultramafic intrusion that hosts nickel mineralization is highly serpentinized where hydrothermal alteration has transformed anhydrous silicate minerals such as olivine into hydrous and hydroxide minerals such as serpentine and brucite. This process has released nickel and iron oxide minerals that occur in both veins and as disseminated mineralization. The purpose of the recent prospecting program on the property was to support the development of exploration targets that have the potential to expand the scale of the known mineralized system.

承载镍矿化的超镁铁质入侵物呈高度蛇纹状,水热蚀变已将橄榄石等无水硅酸盐矿物转化为蛇纹石和水镁石等含水和氢氧化物矿物。这一过程释放了镍和氧化铁矿物,这些矿物存在于两个矿脉中,并以浸染矿化形式出现。最近对该物业的勘探计划的目的是支持勘探目标的开发,这些目标有可能扩大已知矿化系统的规模。

Sample Results - From a total of 109 grab samples collected in the autumn 2023 prospecting campaign, 52 grab samples were from serpentinized ultramafic rocks. In addition to the elevated Ni contents ranging from 0.10% to 0.38% Ni with an average of 0.20% Ni, the ultramafic samples contained an average of 11.7% Fe, 0.015% Co and 0.25% Cr. Higher Ni values are generally correlated with higher Fe content. Chrome Puddy serpentinite samples are generally low S with less than 0.1% S. Low S samples typically also have low Cu, Pt, Pd and Au. Table 1 and Figure 1 provide selected representative grab sample results and locations.

样本结果-在2023年秋季勘探活动中收集的总共109个抽取样本中,有52个采集样本来自蛇纹化超镁铁质岩石。除了镍含量从0.10%到0.38%不等,平均镍含量为0.20%外,超镁质样品中平均含有11.7%的铁,0.015%的钴和0.25%的铬。较高的镍值通常与较高的铁含量相关。Chrome Puddy 蛇纹石样品的硫含量通常较低,低于 0.1% S。低硫样品的铜、铂、钯和金通常也较低。表 1 和图 1 提供了选定的代表性抽样结果和地点。

The Chrome Puddy average Ni, Fe, Co values compare favourably with reported grades of bulk-tonnage nickel deposits in ultramafic rocks such as Canada Nickel Co.'s Crawford Nickel Deposit located north of Timmins, Ontario. Notably all the ultramafic grab samples from the Chrome Puddy prospecting had greater than 0.10% Ni which is the cut-off grade for the 2023 NI43-101 resource estimate at the Crawford Nickel Deposit.

与加拿大镍业公司等超镁质岩石中报告的散装镍矿床等品位相比,Chrome Puddy的镍、铁、钴平均值处于有利地位。”s 克劳福德镍矿床位于安大略省蒂明斯以北。值得注意的是,Chrome Puddy勘探中所有超镁质采集样本的镍含量均超过0.10%,这是克劳福德镍矿床 2023 年 NI43-101 资源估算的临界品位。

In addition to the prospecting on the ultramafic intrusion, grab samples of sheared granodiorite and quartz veins from southeast of Puddy Lake were determined to local contain anomalous gold values up to 40 ppb Au.

除了对超镁铁入侵进行勘探外,还确定从Puddy Lake东南部采集的剪切花岗闪长岩和石英脉样本中当地含有高达40 ppb金的异常金值。

Table 1. Selected results for serpentinized peridotite grab samples Chrome Puddy Project, 2023
Sample #

Ni %

Fe %

Co %

Cr %

S %

Description

UTM NAD83, 16U

Easting

Northing

A1021861

0.321

8.76

0.048

0.18

0.01

Serpentinite, dark green

319440

5537941

A1021864

0.277

10.1

0.022

0.07

< 0.01

Serpentinite, rusty, orange

317788

5538154

A1021865

0.288

11.0

0.002

0.02

< 0.01

Serpentinite, rusty, red

317788

5538155

B903106

0.303

15.3

0.009

0.06

< 0.01

Serpentinite, rusty, foliated

317793

5538166

B903107

0.282

7.72

0.003

0.07

0.01

Serpentinite, buff, orange

317793

5538163

B903121

0.276

28.8

0.013

0.21

< 0.01

Serpentinite, dark green, mgt

316939

5537915

B903122

0.382

6.43

0.060

0.26

0.07

Serpentinite, light green

316716

5537868

B903852

0.364

19.5

0.023

0.06

< 0.01

Serpentinite, rusty

317787

5538152

B903857

0.305

30.1

0.014

0.07

< 0.01

Serpentinite, magnetite veins

317696

5538035

B903864

0.283

33.8

0.009

0.09

0.02

Serpentinite, green

319421

5537914

表 1蛇纹石橄榄岩采集样本的精选结果 Chrome Puddy Project,2023
示例 #

镍%

铁%

Co%

Cr%

S%

描述

UTM NAD83,16U

向东

北方

A1021861

0.321

8.76

0.048

0.18

0.01

蛇纹石,深绿色

319440

5537941

A1021864

0.277

10.1

0.022

0.07

蛇纹岩,生锈,橙色

317788

5538154

A1021865

0.288

11.0

0.002

0.02

蛇纹岩,生锈,红色

317788

5538155

B903106

0.303

15.3

0.009

0.06

蛇纹岩,生锈,有叶子

317793

5538166

B903107

0.282

7.72

0.003

0.07

0.01

蛇纹石,浅黄色,橙色

317793

5538163

B903121

0.276

28.8

0.013

0.21

蛇纹石,深绿色,mgt

316939

5537915

B903122

0.382

6.43

0.060

0.26

0.07

蛇纹石,浅绿色

316716

5537868

B903852

0.364

19.5

0.023

0.06

蛇纹岩,生锈

317787

5538152

B903857

0.305

30.1

0.014

0.07

蛇纹岩、磁铁矿脉

317696

5538035

B903864

0.283

33.8

0.009

0.09

0.02

蛇纹石,绿色

319421

5537914

Samples analyzed at Activation Laboratories, Ancaster

在安卡斯特的活化实验室分析的样品

Exploration Plans - Green Bridge is encouraged by the widespread nickel mineralization at Chrome Puddy associated with Fe-Ni oxides. The Company is currently finalizing 2024 exploration plans to develop a better understanding of the extent and grade of this mineralization type. The Company intends to fly an airborne magnetic/EM survey to evaluate areas of higher magnetic intensity potentially associated with bulk tonnage Fe-Ni oxide mineralization. The Company will also investigate EM conductors identified by previous operators that may potentially be related to high-grade sulphide mineralization. Based on the recent prospecting that indicates higher Ni values are associated with higher Fe values, drilling of areas with higher total field magnetic response should selectively target higher Ni values. The Company is currently developing a program with the anticipation of drilling in the 2024 summer season.

勘探计划——Green Bridge受到Chrome Puddy与铁镍氧化物相关的广泛镍矿化影响的鼓舞。该公司目前正在敲定2024年的勘探计划,以更好地了解这种矿化类型的范围和品位。该公司打算进行机载磁学/电磁测量,以评估可能与散装吨位铁镍氧化物矿化相关的较高磁强度区域。该公司还将调查以前的运营商发现的电磁导体,这些电磁导体可能与高品位硫化物矿化有关。最近的勘探表明,较高的镍值与较高的铁值有关,因此在总磁场磁响应较高的区域钻探应选择性地瞄准较高的镍值。该公司目前正在制定一项计划,预计将在2024年夏季进行钻探。

CO2 Sequestration Opportunity - Minerals associated with serpentinization such as brucite and to a lesser extent serpentine have the potential for sequestering atmospheric CO2 through mineral carbonation reactions. This leads to the potential for CO2 neutral mining opportunities and potentially for revenue from carbon capture. Serpentine will sequester CO2 and is known to be the dominant rock forming mineral in the Chrome Puddy intrusion, but the extent of other alteration minerals such as brucite is not known. Green Bridge will undertake a preliminary mineralogical evaluation using X-ray diffraction (XRD) on the prospecting samples from Chrome Puddy to determine the presence and proportion of alteration minerals, especially brucite, a very effective mineral for carbon sequestration.

CO2 封存机会——与蛇纹石相关的矿物,例如水镁石,在较小程度上还有蛇纹石,有可能封存大气中的二氧化碳2 通过矿物碳酸化反应。这可能导致二氧化碳的产生2 中立的采矿机会,并有可能从碳捕获中获得收入。Serpentine 将封存 CO2 并且已知是Chrome Puddy侵入体中占主导地位的岩石形成矿物,但水镁石等其他蚀变矿物的范围尚不清楚。Green Bridge将使用X射线衍射(XRD)对Chrome Puddy的勘探样本进行初步的矿物学评估,以确定蚀变矿物的存在和比例,尤其是水镁石,这是一种非常有效的碳封存矿物。

Analytical Procedures - A total of 109 grab samples were submitted for analysis at Actlabs Laboratories located in Thunder Bay and Ancaster, Ontario. The samples were analyzed using sodium peroxide fusion with inductively coupled plasma/mass spectrometry (ICPMS) analysis for multi-elements and fire assay with inductively coupled plasma/optical emission spectrometry (ICP/OES) analysis for Au, Pt, Pd. The multi-element package includes 20 elements including Cr, Ni, Cu, Fe, and Co.

分析程序-共有109份抽取样本提交给位于安大略省桑德贝和安卡斯特的Actlabs实验室进行分析。样品使用过氧化钠融合和电感耦合等离子体/质谱(ICPMS)分析进行多元素分析,使用电感耦合等离子体/光发射光谱(ICP/OES)分析对金、铂、钯进行火试验。多元素封装包含 20 种元素,包括 Cr、Ni、Cu、Fe 和 Co。

Richard H. Sutcliffe, PhD, PGeo is the Qualified Person who assumes responsibility for the technical content of this press release.

理查德·萨特克利夫博士,PGeo是负责本新闻稿技术内容的合格人士。

The Company also announces that its Board of Directors has approved a grant of 11,050,000 incentive stock options (the "Options") to directors, officers, and consultants of the Company, pursuant to the Company's equity incentive plan (the "Plan"), entitling them to purchase an aggregate amount of up to 11,050,000 common shares (the "Common Shares") of the Company. The Options are exercisable on or before May 15, 2029, at an exercise price of $0.14 per Common Share.

公司还宣布,根据公司的股权激励计划(“计划”),其董事会已批准向公司董事、高级管理人员和顾问授予11,050,000股激励性股票期权(“期权”),使他们有权购买总额不超过11,050,000股公司普通股(“普通股”)。期权可在2029年5月15日当天或之前行使,行使价为每股普通股0.14美元。

Additionally, the Board of Directors has approved a grant of 80,000 Restricted Share Units ("RSUs") to certain consultants of the Company pursuant to the Plan. The RSUs will vest and convert into common shares after four (4) months.

此外,董事会已批准根据该计划向公司的某些顾问授予80,000个限制性股票单位(“RSU”)。限制性股票单位将在四(4)个月后归属并转换为普通股。

The Options, and any Common Shares issued upon exercise of such Options, and RSUs are subject to a four (4) month and one (1) day hold period, expiring on September 16, 2024.

期权以及行使此类期权时发行的任何普通股和限制性股票单位的持有期为四(4)个月零一(1)天,将于2024年9月16日到期。

About Green Bridge Metals

关于绿桥金属

Green Bridge Metals Corporation (formerly Mich Resources Ltd.) is a Canadian based exploration company focused on acquiring 'battery metal' rich mineral assets. These include the Chrome Puddy Project and the recently announced South Contact Zone Property along the basal contact of the Duluth Intrusion, north of Duluth, Minnesota. The South Contact Zone contains bulk-tonnage copper-nickel and titanium-vanadium in ilmenite hosted in ultramafic to oxide ultramafic intrusions. The Property has exploration targets for bulk-tonnage Ni mineralization, high grade Ni-Cu-PGE magmatic sulfide mineralization and titanium.

Green Bridge Metals Corporation(前身为密歇根资源有限公司)是一家总部位于加拿大的勘探公司,专注于收购富含 “电池金属” 的矿产资产。其中包括Chrome Puddy项目和最近宣布的位于明尼苏达州德卢斯以北德卢斯入侵基础接触点沿线的南部接触区财产。南方接触区含有大量吨位的铜镍和钛钒含量,这些钛铁矿存在于超镁铁质到氧化物的超镁铁质侵入物中。该物业的勘探目标是大吨位的镍矿化、高品位的镍铜-聚乙烯岩浆硫化物矿化和钛。

ON BEHALF OF GREEN BRIDGE METALS,

代表绿色桥梁金属,

"David Suda"
President and Chief Executive Officer

“大卫苏达”
总裁兼首席执行官

For more information, please contact:

欲了解更多信息,请联系:

David Suda
President and Chief Executive Officer
Tel: 604.928-3101
investors@greenbridgemetals.com

大卫苏达
总裁兼首席执行官
电话:604.928-3101
investors@greenbridgemetals.com

Forward Looking Information

前瞻性信息

Certain statements and information herein, including all statements that are not historical facts, contain forward-looking statements and forward-looking information within the meaning of applicable securities laws. Such forward-looking statements or information include but are not limited to statements or information with respect to: the exploration and development of the South Contact Zone Properties.

此处的某些陈述和信息,包括所有非历史事实的陈述,包含适用证券法所指的前瞻性陈述和前瞻性信息。此类前瞻性陈述或信息包括但不限于与南接触区地产勘探和开发有关的陈述或信息。

Although management of the Company believe that the assumptions made and the expectations represented by such statements or information are reasonable, there can be no assurance that forward-looking statements or information herein will prove to be accurate. Forward-looking statements and information by their nature are based on assumptions and involve known and unknown risks, uncertainties and other factors which may cause actual results, performance or achievements, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements or information. These risk factors include, but are not limited to: the exploration and development of the South Contact Zone Properties may not result in any commercially successful outcome for the Company; risks associated with the business of the Company; business and economic conditions in the mining industry generally; changes in general economic conditions or conditions in the financial markets; changes in laws (including regulations respecting mining concessions); and other risk factors as detailed from time to time.

尽管公司管理层认为此类陈述或信息所做的假设和所代表的预期是合理的,但无法保证此处的前瞻性陈述或信息会被证明是准确的。就其性质而言,前瞻性陈述和信息基于假设,涉及已知和未知的风险、不确定性和其他因素,这些因素可能导致实际业绩、业绩或成就或行业业绩与此类前瞻性陈述或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。这些风险因素包括但不限于:南接触区地产的勘探和开发可能不会给公司带来任何商业上的成功结果;与公司业务相关的风险;采矿业的总体商业和经济状况;总体经济状况或金融市场状况的变化;法律(包括采矿特许权法规)的变化;以及不时详述的其他风险因素。

The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.

除非符合适用的证券法,否则公司不承诺更新任何前瞻性信息。

Certain figures and references contain information supported by public and corporate references that may have been updated, changed, or modified since their referenced date. The Company has not reviewed any resources and cannot comment on their accuracy.

某些数字和参考文献包含公众和企业参考文献支持的信息,这些信息自参考之日起可能已更新、更改或修改。该公司尚未审查任何资源,也无法评论其准确性。

SOURCE: Green Bridge Metals Corporation

来源:绿桥金属公司


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