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Weekapaug Lithium Announces Proposed Name Change to Protium Clean Energy Corp. and Provides Corporate Update

Weekapaug Lithium Announces Proposed Name Change to Protium Clean Energy Corp. and Provides Corporate Update

Weekapaug锂矿宣布拟更名为Protium清洁能源公司,并提供公司更新
newsfile ·  10/29 10:20

Toronto, Ontario--(Newsfile Corp. - October 29, 2024) - Weekapaug Lithium Ltd. (CSE: GRUV) ("Weekapaug" or the "Company"), is pleased to announce that it intends to change its name to Protium Clean Energy Corp. which better reflects the Company's mission of clean energy exploration. The Company's common shares are expected to continue to trade on the Canadian Securities Exchange ("CSE") under the ticker symbol ("GRUV").

多伦多, 安大略 - (新闻稿业务 - 2024年10月29日) - Weekapaug锂矿有限公司 (CSE: GRUV) ("Weekapaug"或"公司"),很高兴宣布其打算更名为 Protium能源业务 corp.,这更好地反映了公司在清洁能源探索方面的使命。公司的普通股预计将继续在加拿大证券交易所("CSE")下的逐笔明细("GRUV")上交易。

The Company believes that Canada has an opportunity to become a significant global player in clean energy through effective and efficient exploration for the metals, minerals, and gases required for the new economy. Management is excited to share its vision and tactical plans for moving the Company's current portfolio forward.

公司认为,加拿大有机会通过对新经济所需金属、矿物和气体的有效和高效探索,成为清洁能源方面的重要全球参与者。管理层很高兴分享公司当前投资组合的愿景和战略计划。

Hydrogen

氢能源

The Company is pleased to update shareholders on the previously announced regional remote sensing gas survey over a 12,000 sq. km area of Ontario and Quebec. Data acquisition and initial processing have begun for the gases. Aster Funds has trained its QDFC Predictive Fingerprint Target Mapping algorithms and AI on the known hydrogen occurrences from the main graben areas in Temiskaming, where QIMC is located. This will allow the technology to look for similar spectral responses to QIMC and assist the Company in developing the best possible exploration strategy for hydrogen and other gases. In addition, hydrogen and other gas abundances in the survey area will be directly mapped at different seasons to define areas of high hydrogen and other gasses for follow-up ground exploration.

公司很高兴向股东更新先前宣布的安大略和魁北克地区12000平方公里的区域遥感燃料币勘测。数据采集和初步处理已经开始进行。Aster基金已经对其QDFC预测指纹目标映射算法和人工智能进行了训练,针对Temiskaming的主要抓斷区的氢发生地。这将使技术能够寻找类似于QIMC的光谱响应,并帮助公司制定最佳的氢和其他气体勘探策略。此外,还将直接映射调查区域不同季节的氢和其他气体丰度,以定义高氢和其他气体区域的跟进地面勘探。

Kimberlites, silver, and cobalt deposits (critical minerals/metals) are known and are currently being collated in the satellite survey area. Utilizing different spectral and hyperspectral techniques, a selected area of 3,500 sq. km centred on the current claims area will be surveyed to determine target areas for exploration for critical minerals/metals and kimberlites.

钻石岩、白银和钴矿床(关键矿物/金属)目前已知并且正在卫星调查区域内征集。利用不同的光谱和高光谱技术,将对一块面积为3500平方公里的选定区域进行调查,中心点位于当前权益区域,以确定勘探关键矿物/金属和钻石岩的目标区域。

Lithium

锂矿

On October 16, 2023, the Company announced the successful completion of the 2023 exploration program on its 100% owned Nakina Lithium Property ("Nakina Property") in Ontario, Canada.

于2023年10月16日,公司宣布成功完成了位于加拿大安大略省的100%自有Nakina锂矿项目("Nakina Property") 的2023年勘探计划。

Analyses of bedrock and till samples collected during a Grass Roots exploration program of outcrop grab sampling and till sampling confirmed the presence of significant lithium mineralization. The Company intends to follow up on the exploration with detailed geological mapping, sampling and mineralogy.

对露头取样和冰碛砾取样的基础勘探项目进行的岩石和冰碛砾样品分析证实了重要的锂矿化存在。公司打算对这项勘探进行详细地质图绘、取样和矿物学方面的跟进。

In addition the Company also intends to incorporate the aforementioned satellite surveying techniques to delineate pegmatite target areas and using satellite long-wave infrared (LWIR) technology to map non-lithium minerals.

此外,公司还打算将上述卫星勘探技术纳入,以勾画霹雳岩目标区域,并利用卫星长波红外技术来绘制非锂矿物的地图。

John Ryder, P.Geo, a "Qualified Person" as that term is defined under NI 43-101, has reviewed and approved the technical information contained in this news release. Mr. Ryder is also a consultant of the Company.

John Ryder, P.Geo,根据加拿大证券管理局法规第43-101号规定的“合格人士”一词定义而成,已经审阅并批准了本新闻公告中包含的技术信息。Ryder先生也是公司的顾问。

About Weekapaug Lithium

关于Weekapaug锂矿

Weekapaug Lithium Limited is a junior exploration and development company focused on identifying, acquiring, and exploring prospective minerals in Canada's extensive natural resources portfolio. We focus on exploring and developing our 100% owned Nakina Lithium and Firstbrook Hydrogen properties in Ontario, located in Northern Canada, and identifying and pursuing further opportunities by region using various satellite surveys. This allows Weekapaug Lithium Limited to evaluate large tracts of land quickly and cost-effectively to delineate targets for natural gasses and critical minerals required for the modern world.

Weekapaug锂业有限公司是一家专注于在加拿大广阔自然资源组合中识别、收购和勘探有前景的矿产的初级勘探和开发公司。我们专注于勘探和开发我们在安大略拥有100%权益的纳基纳锂矿和Firstbrook氢燃料公司,位于加拿大北部的安大略省,并通过区域利用各种卫星勘测识别并追寻进一步的机会。这使得Weekapaug锂业有限公司能够快速而具有成本效益地评估大片土地,以勾勒出现代世界所需的天然气和重要矿产的目标。

On Behalf of the Board of Directors,
"Marc Branson"
CEO and Director
Email: investors@weekapaug.ca
Website: weekapaug.ca
Phone: 604-816-2555

董事会代表 Novo Resources Corp.
“马克·布兰森”
首席执行官和董事
电子邮件:investors@weekapaug.ca
网站:weekapaug.ca
电话:604-816-2555

Forward-Looking Information and Cautionary Statements

前瞻性信息和警示语句

Except for statements of historic fact, this news release contains certain "forward-looking information" within the meaning of applicable securities law including statements relating to completing an name change, the future market for clean energy in Canada and worldwide and conducting planned exploration on the Company's projects. Forward-looking information is frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate" and other similar words, or statements that certain events or conditions "may" or "will" occur. Forward-looking statements are based on the opinions and estimates at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking statements including, but not limited to delays or uncertainties with regulatory approvals, including that of the CSE, failures to finance future exploration, risks associated with exploration, environmental issues and challenges to validity of title, technological hurdles, uncertainty in the future financial viability of clean energy projects, including the Company's projects, global economic and political conditions. There are uncertainties inherent in forward-looking information, including factors beyond the Company's control. There are no assurances that the business plans for the Company as described in this news release will come into effect on the terms or time frame described herein. The Company undertakes no obligation to update forward-looking information if circumstances or management's estimates or opinions should change except as required by law. The reader is cautioned not to place undue reliance on forward-looking statements. Additional information identifying risks and uncertainties that could affect financial results is contained in the Company's filings with Canadian securities regulators, which are available at .

除非涉及历史事实陈述外,此新闻发布包含某些适用证券法律意义上的"前瞻性信息",包括与完成更名、加拿大和全球清洁能源未来市场以及在公司项目上进行计划勘探相关的声明。前瞻性信息经常以"计划"、"期待"、"项目"、"打算"、"相信"、"预期"、"估计"和其他类似词语来描述,或者声明某些事件或情况"可能"或"将"发生。前瞻性声明基于发表声明的日期的意见和估计,受各种风险、不确定性和其他因素的影响,这些因素可能导致实际事件或结果与前瞻性声明中预期的大为不同,包括但不限于延误或不确定性与监管批准(包括CSE批准)、未来勘探融资失败、勘探相关风险、环境问题、所有权有效性挑战、技术障碍、清洁能源项目未来的财务可行性的不确定性,包括公司项目,在全球经济和政治状况下存在的风险。前瞻性信息中存在不确定性,包括公司无法控制的因素。公司不保证本新闻发布中描述的公司业务计划将按照此处描述的条款或时间框架生效。除非法律要求,否则公司无义务更新前瞻性信息,如果情况或管理估计或意见发生变化。敬请读者注意不要过度依赖前瞻性声明。可影响财务结果的风险和不确定性的其他信息包含在公司向加拿大证券监管机构提交的备案文件中,该文件可在 公开查阅。

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