TORONTO, ON / ACCESSWIRE / October 1, 2021 / Magna Terra Minerals Inc. (the "Company" or "Magna Terra") (TSXV:MTT) is pleased to announce that it has identified several priority targets for drill testing including, an opportunity to expand on existing mineral resources at the Rattling Brook Deposit (the "Deposit") on its 100% owned Great Northern Project ("Great Northern"), located in western Newfoundland. The Rattling Brook Deposit contains a NI43-101 Inferred Mineral Resource comprising 255,000 ounces at 1.45 grams per tonne ("g/t") gold (5,460,000 tonnes) and is hosted along a 5-kilometre section of the larger Doucers Valley Fault, a similar geological environment to Marathon Gold Corporation's Valentine Gold Project. The Deposit is open for expansion at depth and along strike.
The targets were generated based on recent field programs and a comprehensive review of historic exploration data, which identified the importance of fault control on gold mineralization. Specifically, we believe that northwest and east-west striking faults, with coincident rock and soil geochemical anomalies, may act as higher-grade feeder zones to the Rattling Brook Deposit. This concept has not been previously tested and provides a unique opportunity to expand the Rattling Brook Deposit. Priority targets, as further described below include the Apsy Feeder Zone (0.6 kilometre extent), the Incinerator Trend (1.8 kilometre extent), and the Furnace Trend (1.5 kilometre extent).
Previous (1986 to 2007) select drill intercepts (core length) that partly define the Rattling Brook Deposit include:
- 1.77 g/t gold over 74.4 metres (2.3 to 76.7 metres; estimated true thickness ("TT") 60 metres), including 3.25 g/t gold over 22.7 metres in drill hole JA-05-35;
- 1.13 g/t gold over 115.7 metres (45.0 to 160.7 metres; TT 70 metres) in drill hole JA-05-36;
- 1.40 g/t gold over 84.6 metres (10.5 to 95.1 metres; TT 80 metres), including 8.62 g/t gold over 2.5 metres in drill hole JA-06-46;
- 1.28 g/t gold over 75.6 metres (1.0 to 76.6 metres; TT 70 metres) in drill hole JA-06-53;
- 3.92 g/t gold over 7.9 metres (112.6 to 120.5 metres; TT 5 metres), including 10.0 g/t gold over 1.4 metres in drill hole JA-06-60;
- 1.01 g/t gold over 66.4 metres (15.5 to 81.9 metres; TT 60 metres) in drill hole JA-07-73;
- 1.22 g/t gold over 56.5 metres (61.0 to 117.5 metres; TT 50 metres) in drill hole RB-30;
- 1.07 g/t gold over 68.0 metres (115.6 to 183.6 metres; TT 60 metres), including 8.84 g/t gold over 1.0 metres in drill hole RB-40; and
- 1.02 g/t gold over 66.5 metres (3.0 to 69.5 metres; TT 65 metres), including 7.86 g/t gold over 1.4 metres in drill hole JA-05-38.
The Company has also identified the presence of north and northeast trending fault zones that cross the 2.4-kilometre long Jacksons Arm Trend. Similar to faults crossing the Rattling Brook Deposit area, the Company believes that these faults may play an important control in focusing higher grade mineralization at Jacksons Arm.
"Based on our field work we have recognized the opportunity to further expand resources at the Rattling Brook Deposit as well as test several adjacent zones of mineralization within the immediate area. A key facet of work going forward will be to test the specific geological controls on gold where faults may play a significant role as feeder zones to broader disseminated gold within the existing mineral resource. We believe there is abundant upside to expanding the resource base at Great Northern and Viking in the near term and build upon the 255,000 ounce (5,460,000 tonnes at 1.45 g/t gold) Inferred Mineral Resource at Rattling Brook. In addition, we will continue to explore adjacent areas, including the Jackson's Arm Trend, for potential near-term discovery."
~ Lew Lawrick, President and CEO, Magna Terra Minerals Inc.
Exploration Target Details
Several drill targets and specific opportunities for mineral resource expansion and discovery have been identified by the Company based on recent field programs and a comprehensive review of historic and current exploration data. This work, in conjunction with that of previous operators on the Property, has identified the importance of fault control on gold mineralization. These major target areas for near-term drill testing are:
- The Apsy Feeder Zone - 600 metre northwest striking fault zone adjacent to and northwest of the Apsy Zone mineral resource;
- Apsy Zone - 1.0 kilometre strike length - potential up-dip extension to the Apsy Zone;
- Incinerator Trend - 1.8-kilometre long gold-bearing east-west fault;
- Furnace Trend - 1.5-kilometre long trend with rock grab samples** assaying up to 5.60 g/t gold along east-west fault zone; and
- Jacksons Arm Trend - 2.4-kilometre long gold zone cross-cut by numerous north and northeast trending fault zones.
Apsy Feeder Zone and Apsy Zone (Rattling Brook Deposit)
The Apsy Feeder Zone is hosted along a northwest oriented fault splay extending from the Apsy Zone that has a moderate south dip and has been identified by the Company and previous operators, to have a significant control on gold mineralization within the host Proterozoic Main River granites and the overlying Cambrian quartzites and phyllites. This fault is potentially associated with higher grades within the Apsy Zone. The Apsy Feeder Zone and associated fault, gold-bearing rock grab samples (assaying up to 3.2 g/t gold), and anomalous soils extends for 600 metres northwest of the Apsy Zone mineral resource and has not been tested by drilling. The most northwesterly hole drilled along this Trend, drill hole JA-05-36, intersected 1.13 g/t gold over a core length of 115.7 metres (TT 70 metres), supporting potential expansion of the Apsy Zone into the feeder fault to the northwest (Exhibit A and B).
Incinerator Trend
The Incinerator Trend comprises a 1.8-kilometre long alteration zone with numerous anomalous soils (up to 700 ppb gold) that has been successfully tested by four broad spaced (100 to 500 metres) diamond drill holes from 1987 (true thickness unknown) that returned assays of:
- 2.32 g/t gold over 4.1 metres (33.1 to 37.2 metres) in drill hole RB-41;
- 1.06 g/t gold over 15.6 metres (66.8 to 82.4 metres) in drill hole RB-39;
- 1.00 g/t gold over 9.7 metres (32.1 to 41.8 metres) in drill hole RB-37; and
- 1.78 g/t gold over 4.0 metres (47.2 to 51.2 metres) in drill hole RB-35.
The altered and mineralized zone is hosted along an east-west oriented (070o) fault zone and associated topographic low (Exhibit A, B).
Furnace Trend
The Furnace Trend comprises a 1.5-kilometre long zone of gold-bearing rock grab samples** with assays up to 5.60 g/t gold and soil samples (assays up to 66 ppb gold) that has not been tested with previous drilling. The altered and mineralized zone sub-parallel with and located 1.1 kilometres to the south of the Incinerator Trend, is hosted within a similar east-west trending fault zone (Exhibit A).
Jacksons Arm Trend
Jacksons Arm Trend is host to a 2.4 kilometre long by 40- to 400-metre-wide continuous alteration zone that is controlled by a north-south striking fault. The fault extends immediately to the north along strike with similar repeating fault zones to the east outlining a potential strike extent of an additional 4 kilometres (Exhibit A). A recent phase 1 drilling program (see news release dated February 18, 2021) by the Company at the Jacksons Arm Trend intersected broad zones of alteration and gold mineralization in each drill hole outlining a large fertile gold-bearing alteration system along at least a 300-metre section of the larger Jacksons Arm Trend with assays including:
- 4.67 g/t gold over 0.5 metres (73.5 to 74.0 metres) in drill hole JA-20-01;
- 3.84 g/t gold over 0.5 metres (46.5 to 47.0 metres) in drill hole JA-20-07; and
- 2.01 g/t gold over 1.0 metre (22.5 to 23.5 metres) in drill hole JA-20-08.
Highlights of surface grab samples** include:
- Assays up to 20.20 g/t gold and 1,232 g/t silver at the Boot N' Hammer Prospect;
- Assays up to 56.70 g/t gold and 2.75 ounce per tonne silver at the Stocker Prospect;
- Assays up to 7.20 g/t gold at the Shrik Prospect; and
- Assays up to 13.60 g/t gold at the 954 Prospect.
Several north and northeast oriented fault zones truncate the main thrust fault at Jacksons Arm in the area of multiple rock and soil gold occurrences and future work will focus on testing these fault zones for control on gold mineralization.
**Grab samples are selected samples and are not necessarily indicative of mineralization that may be hosted on the property.
About the Great Northern and Viking Projects
The Great Northern and Viking Projects comprise two separate claim blocks (13,775 hectares) that are located near the communities of Sops Arm, Pollard's Point and Jackson's Arm, Newfoundland and Labrador.
The Projects are centered along a 20-kilometre section of the Doucers Valley Fault, a significant geological control on, and host to, several gold deposits and untested prospects, including the Rattling Brook and Thor Deposits, Incinerator, Furnace, Jacksons Arm, Viking and Little Davis Pond Trends. Gold mineralization is hosted within a variety of rock types that include Precambrian or Ordovician granites, or younger volcanic and sedimentary rocks, typically along splays off the Doucers Valley Fault, a similar geological environment to Marathon Gold Corporation's Valentine Gold Project. Alteration consists of mesothermal style quartz ± iron carbonate ± sulfide veins and stockworks with 2 to 5% total sulfides consisting of pyrite, galena, chalcopyrite or sphalerite, and locally show trace amounts of visible gold.
The Great Northern and Viking Projects are host to significant Current and Historic Mineral Resources, including:
- An Inferred Mineral Resource Estimate^ of 5,460,000 tonnes at an average grade of 1.45 g/t gold containing 255,000 contained ounces at a cut-off grade of 1.0 g/t gold at the Rattling Brook Deposit; and
- An Historical Indicated Mineral Resource^^ of 937,000 tonnes at an average grade of 2.09 g/t gold containing 63,000 ounces of gold plus an Historical Inferred Mineral Resource of 350,000 tonnes at an average grade of 1.79 g/t gold containing 20,000 ounces of gold at a cut-off grade of 1.0 g/t gold at the Thor Deposit.
Mineral Resources are not Mineral Reserves and do not have demonstrated economic viability. All Mineral Resource Estimates were prepared in accordance with NI 43-101 and the CIM Standards (2014). Please refer to the NI 43-101 Technical Report with effective date January 23, 2019 by Harrington and Cullen (2019) as detailed below for the Great Northern Project and the NI 43-101 Technical Report with effective date August 29, 2016 by Copeland et al. (2016). An Independent Qualified Person has not carried out sufficient work to classify the Thor Historical Mineral Resource Estimate as current and Magna Terra is not considering this Mineral Resource Estimate to be current. Magna Terra considers the Thor Deposit to have potential for expansion that will be addressed by the Company in future exploration programs. See further details on Technical Reports below.
Pandemic Considerations
The Company has critically considered logistical matters given the ongoing COVID-19 pandemic, to ensure that this Exploration Program and all future programs are executed in a way that ensures the absolute health and safety of our personnel, contractors, and the communities where we operate.
Qualified Person and Technical Reports
This news release has been reviewed and approved by David A. Copeland, P.Geo., Chief Geologist with Anaconda Mining Inc., a "Qualified Person", under National Instrument 43-101 - Standard for Disclosure for Mineral Projects.
"Grab samples" are selected samples and are not necessarily indicative of mineralization that may be hosted on the property.
^The Mineral Resource Estimate quoted in this press release regarding the Great Northern Project refers to the technical report: "NI 43-101 Technical Report and Updated Mineral Resource Estimate on the Rattling Brook Gold Deposit, Great Northern Project, White Bay Area, Newfoundland, Canada", (the "Great Northern Report") with an effective date of January 23, 2019, and authored by Matthew Harrington, P.Geo. (Independent Qualified Person) and Michael Cullen, P.Geo. (Independent Qualified Person).
^^The Historical Mineral Resource Estimate quoted in this press release regarding the Viking Project (Thor Deposit) is taken from the technical report: "NI 43-101 Technical Report And Mineral Resource Estimate For The Thor Deposit, Viking Project, White Bay Area, Newfoundland and Labrador, Canada, Latitude 49o 42′ N Longitude 57o 00′ W" prepared for Anaconda Mining Inc. by David A. Copeland, P.Geo., Dr. Shane Ebert, P. Geo. and Gary Giroux, P. Eng. M.ASc., August 29, 2016. An Independent Qualified Person has not carried out sufficient work to classify the Thor Historical Mineral Resource Estimate as current and Magna Terra is not considering this Mineral Resource Estimate to be current. Magna Terra considers the Thor Deposit to have potential for expansion that will be addressed by the Company in future exploration programs.
About Magna Terra
Magna Terra Minerals Inc. is a precious metals focused exploration company, headquartered in Toronto, Canada. Magna Terra owns three district-scale, advanced gold exploration projects in the world class mining jurisdictions of New Brunswick and Newfoundland and Labrador. Further, the Company maintains a significant exploration portfolio in the province of Santa Cruz, Argentina which includes its precious metals discovery on its Luna Roja Project, as well as an extensive portfolio of district scale drill ready projects available for option or joint venture.
Forward-Looking Statements
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.
Cautionary Statements Regarding Forward-Looking Information
Some statements in this release may contain forward-looking information. All statements, other than of historical fact, that address activities, events or developments that the Company believes, expects or anticipates will or may occur in the future (including, without limitation, statements regarding potential mineralization) are forward-looking statements. Forward-looking statements are generally identifiable by use of the words "may", "will", "should", "continue", "expect", "anticipate", "estimate", "believe", "intend", "plan" or "project" or the negative of these words or other variations on these words or comparable terminology. Forward-looking statements are subject to a number of risks and uncertainties, many of which are beyond the Company's ability to control or predict, that may cause the actual results of the Company to differ materially from those discussed in the forward-looking statements. Factors that could cause actual results or events to differ materially from current expectations include, among other things, without limitation, failure to establish estimated mineral resources, the possibility that future exploration results will not be consistent with the Company's expectations, changes in world gold markets or markets for other commodities, and other risks disclosed in the Company's public disclosure record on file with the relevant securities regulatory authorities. Any forward-looking statement speaks only as of the date on which it is made and except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking statement.
FOR FURTHER INFORMATION PLEASE CONTACT:
Magna Terra Minerals Inc.
Lewis Lawrick
President and CEO, Director
647-478-5307
Email: info@magnaterraminerals.com
Website: www.magnaterraminerals.com
Exhibit A: Significant Gold Exploration Targets at the Rattling Brook Deposit and Jacksons Arm Trend.
Exhibit B: Plan Map of Select Drill Intercepts (core length), Mineral Resource Areas and Exploration Targets, Rattling Brook Deposit Area, Great Northern Project.
SOURCE: Magna Terra Minerals Inc.
View source version on accesswire.com:
https://www.accesswire.com/666368/Magna-Terra-Identifies-Several-Targets-for-Drill-Testing-Including-Resource-Expansion-at-the-Rattling-Brook-Deposit-Great-Northern-Project-Newfoundland
多伦多,on/ACCESSWIRE/2021年10月1日/Magna Terra Minerals Inc.(以下称“公司”或“Magna Terra”)(多伦多证券交易所股票代码:MTT)高兴地宣布,该公司已确定了几个优先钻探测试目标,其中包括在纽芬兰西部其全资拥有的Great Northern项目(“Great Northern”)上扩大Rattling Brook矿藏(“矿藏”)现有矿产资源的机会。Rattling Brook矿床含有NI43-101推断矿产资源,含255,000盎司,每吨1.45克(“g/t”)金(5,460,000吨),位于较大的Doucers Valley断层5公里处,该断层的地质环境与马拉松黄金公司的瓦伦丁金矿项目相似。该矿床可以在深度和沿走向扩张。
这些靶区是基于最近的野外计划和对历史勘探数据的综合审查而产生的,这些数据确定了断裂控制对金矿成矿的重要性。具体地说,我们认为,西北向和东西向断裂具有重合的岩石和土壤地球化学异常,可能是碎屑溪矿床的高级供给带。这一概念之前没有经过测试,并为扩大Rattling Brook矿藏提供了一个独特的机会。如下文进一步描述的优先目标包括APSY供料区(0.6公里范围)、焚烧炉趋势(1.8公里范围)和炉膛趋势(1.5公里范围)。
以前(1986至2007)选择的钻头截距(岩心长度)部分定义了Rattling Brook矿床,包括:
- 74.4米(2.3至76.7米;估计真厚度(“TT”)60米)以上的黄金1.77克/吨,包括JA-05-35钻孔中22.7米以上的3.25克/吨黄金;
- JA-05-36钻孔115.7米(45-160.7米;TT 70米)以上的黄金1.13g/t;
- 84.6米以上(10.5~95.1米;TT 80米)含金1.40克/吨,其中JA-06-46钻孔含金8.62克/吨,含金2.5米以上;
- JA-06-53钻孔黄金1.28g/t,超过75.6米(1.0~76.6米;TT 70米);
- 7.9m(112.6-120.5米;TT5米)以上3.92g/t黄金,包括JA-06-60钻孔1.4m以上10.0g/t黄金;
- JA-07-73钻孔含金1.01g/t,超过66.4米(15.5~81.9米;TT 60米);
- RB-30钻孔56.5m(61.0~117.5米;TT50米)以上含金1.22g/t;
- 68米以上(115.6至183.6米;TT 60米)/吨黄金1.07g/t,包括RB-40钻孔1.0米以上的8.84g/t黄金;以及
- 66.5米(3.0至69.5米;TT 65米)以上的1.02克/吨黄金,包括JA-05-38钻孔1.4米以上的7.86克/吨黄金。
该公司还确定了横跨2.4公里长的杰克逊臂走向的北向和东北向断裂带的存在。与横跨叮当溪矿区的断层相似,本公司相信该等断层可能对杰克逊河臂的高品位矿化起重要控制作用。
根据我们的实地工作,我们认识到了进一步扩大Rattling Brook矿藏资源的机会,并在邻近地区测试了几个相邻的矿化带。下一步工作的一个关键方面将是测试对金的具体地质控制,在那里断层可能起到重要作用,作为现有矿产资源中更广泛分布的金的供给带。我们相信,在短期内扩大Great Northern和Viking的资源基础,并在Rattling Brook的255,000盎司(5,460,000吨,按1.45克/吨黄金计算)推断矿产资源的基础上,有充足的上行空间。此外,我们还将继续探索邻近地区,包括杰克逊的手臂趋势,以寻找潜在的近期发现。“
~Lew Lawrick,Magna Terra Minerals Inc.总裁兼首席执行官
勘探目标详细信息
公司根据最近的实地考察计划以及对历史和当前勘探数据的全面审查,确定了矿产资源扩张和发现的几个钻探目标和具体机会。这项工作与前人在该矿体上的工作一起,确认了断裂控制对金矿化的重要性。这些近期钻探测试的主要目标领域是:
- Apsy馈送带--Apsy带矿产资源附近和西北600米的西北走向断裂带;
- Apsy区-1.0公里的走向长度-Apsy区的潜在上倾延伸;
- 焚烧炉走向-1.8公里长的含金东西向断层;
- 熔炉趋势-1.5公里长的趋势,岩石抓取样本**沿着东西断裂带分析高达5.60克/吨的金;以及
- 杰克森ARM趋势-2.4公里长的金矿带被众多的北向和北东向断裂带横切。
Apsy供给区和Apsy区(Rattling Brook矿床)
Apsy馈送带沿着从Apsy带延伸而来的北西向断层展布赋存,Apsy带具有中等的南倾,公司和以前的运营商已经确定,Apsy馈送带对寄主元古界主河花岗岩和上复的寒武纪石英岩和千枚岩中的金矿化具有重要的控制作用。这一断层可能与Apsy区内的较高等级有关。Apsy馈送带及其相关断层、含金岩石抓取样品(分析含量高达3.2g/t金)和异常土壤在Apsy区矿产资源西北600米处延伸,未经钻探测试。沿着这一趋势钻探的最西北面的钻孔JA-05-36,在115.7米(TT 70米)的岩心长度上与1.13g/t黄金相交,支持阿普西带向西北延伸到支线断层(附件A和B).
焚烧炉发展趋势
焚烧炉的趋势包括一个1.8公里长的蚀变带,其中有许多异常土壤(高达700 ppb金),自1987年以来,已通过四个大间距(100至500米)的钻石钻孔成功地进行了测试(真实厚度未知),这些钻孔返回了以下化验结果:
- RB-41钻孔4.1m(33.1~37.2m)以上2.32g/t黄金;
- RB-39钻孔含金1.06g/t,超过15.6m(66.8~82.4m);
- RB-37钻孔中超过9.7米(32.1至41.8米)的1.00克/吨黄金;以及
- RB-35钻孔中超过4.0米(47.2至51.2米)的1.78克/吨黄金。
蚀变矿化带沿东西走向(070)赋存。o)断裂带和相关的地形低(附件A、B).
炉膛动向
熔炉趋势包括一个1.5公里长的含金岩石抓取样品区**,分析结果高达5.60g/t金和土壤样本(分析结果高达66 ppb金),这是以前的钻探没有测试过的。蚀变矿化带与焚化炉走向次平行,位于焚化炉走向以南1.1公里处,赋存于类似的东西向断裂带(附件A).
杰克森手臂趋势
杰克森ARM趋势是一条2.4公里长、40到400米宽的连续蚀变带的所在地,该带由南北走向的断层控制。断裂立即沿着走向向北延伸,东面有类似的重复断裂带,勾勒出潜在的走向范围额外4公里(附件A)。该公司最近在杰克逊臂走向的一期钻探计划(见日期为2021年2月18日的新闻稿)在每个钻孔中交叉了广泛的蚀变带和金矿化带,沿着更大的杰克逊臂走向至少300米的一段,勾勒出一个大型的富含金矿的蚀变系统,分析包括:
- JA-20-01钻孔0.5m(73.5~74.0m)以上含金4.67g/t;
- JA-20-07钻孔中超过0.5米(46.5至47.0米)的3.84克/吨黄金;以及
- JA-20-08钻孔中超过1.0米(22.5至23.5米)的2.01克/吨黄金。
表面抓取样本的亮点**包括:
- 在Boot N‘Hammer Prospects,化验的金高达20.20克/吨,银高达1232克/吨;
- 斯托克展望报的化验结果高达每吨56.70克黄金和2.75盎司白银;
- 在伯劳探矿化验的黄金含量高达7.20克/吨;以及
- 在954展望时,化验的黄金含量高达13.60g/t。
几条北向和北东向断裂带截断了岩土金多产区杰克逊臂的主逆冲断层,今后的工作重点是测试这些断裂带对金矿化的控制作用。
**抓取样本是选定的样本,不一定指示可能存在于该物业上的矿化。
关于伟大的北方和北欧海盗计划
大北方和北欧海盗项目包括两个独立的索赔区块(13775公顷),分别位于SOPS ARM、Pollard‘s Point和Jackson’s Arm、纽芬兰和拉布拉多社区附近。
这些项目的中心是沿Doucers Valley断层20公里长的路段,该断层是几个金矿和未经测试的矿藏的重要地质控制区,也是其所在地,包括Rattling Brook和Thor矿床、焚化炉、熔炉、Jacksons Arm、维京和小戴维斯湖趋势(Little Davis Pond Trends)。金矿化赋存于各种岩石类型中,包括前寒武纪或奥陶纪花岗岩,或较年轻的火山岩和沉积岩,通常沿着道塞斯山谷断层附近的断裂带,该断层的地质环境与马拉松黄金公司的瓦伦丁金矿项目相似。蚀变由中热型石英+碳酸铁+硫化物脉体和网脉组成,总硫化物含量为2~5%,由黄铁矿、方铅矿、黄铜矿或闪锌矿组成,局部显示微量可见金。
大北方和维京项目拥有重要的当前和历史矿产资源,包括:
- Rattling Brook矿床的推断矿产资源量估计为546万吨,平均品位为1.45g/t黄金,含金量为255000盎司,截止品位为1.0g/t黄金;以及
- 历史指示矿产资源量^^为937,000吨,平均品位为2.09克/吨黄金,含金63,000盎司;历史推断矿产资源量为350,000吨,平均品位为1.79克/吨黄金,含金量为20,000盎司,截止品位为1.0克/吨黄金。
矿产资源不是矿产储量,没有证明的经济可行性。所有矿产资源估算均根据NI 43-101和CIM标准(2014)编制。请参考Harrington和Cullen(2019年1月23日)的NI 43-101技术报告(生效日期为2019年1月23日),具体内容如下:大北方项目的NI 43-101技术报告(生效日期为2016年8月29日)和Copeland等人的NI 43-101技术报告(生效日期为2016年8月29日)。(2016)。一名独立合资格人士并未进行足够的工作以将雷神历史矿产资源评估归类为当前,而麦格纳土地并不认为该矿产资源评估为当前评估。Magna Terra认为雷神矿藏具有扩张潜力,公司将在未来的勘探计划中加以解决。有关技术报告的更多详细信息,请参阅下面的内容。
大流行的考虑因素
鉴于新冠肺炎大流行的持续,公司已经慎重考虑了后勤问题,以确保本勘探计划和未来所有计划的执行方式确保我们的人员、承包商和我们运营的社区的绝对健康和安全。
合格人员和技术报告
根据National Instrument 43-101-矿物项目披露标准,本新闻稿已由蟒蛇矿业公司的首席地质学家、P.Geo的大卫·A·科普兰(David A.Copeland,P.Geo)根据National Instrument 43-101-矿物项目披露标准进行审查和批准。
“抓取样本”是选定的样本,并不一定表示可能存在于该地产上的矿化。
本新闻稿中引用的关于大北方项目的矿产资源估算是指由Matthew Harrington,P.Geo撰写、生效日期为2019年1月23日的技术报告:“加拿大纽芬兰白湾区大北方项目碎石溪金矿NI 43-101技术报告及最新矿产资源估算”(“The Great Northern Report”)。(独立合格人士)和Michael Cullen,P.Geo(独立合资格人士)。
^^本新闻稿中引用的有关维京项目(雷神矿床)的历史矿产资源评估摘自技术报告:“NI 43-101雷神矿床技术报告和矿产资源评估,维京项目,白湾地区,纽芬兰和拉布拉多,加拿大,纬度49o北纬42‘,北纬57o00‘W“由David A.Copeland,P.Geo,Dr.Shane Ebert,P.Geo.和Gary Giroux,P.Eng,M.ASC.,2016年8月29日为蟒蛇矿业公司编制。独立合格人士尚未进行足够的工作,将雷神历史矿产资源量估计归类为当前,麦格纳Terra认为该矿产资源量估计不是当前的。麦格纳Terra认为雷神矿藏具有扩张潜力,本公司将在未来的勘探计划中处理这一问题。
关于麦格纳土地
Magna Terra Minerals Inc.是一家专注于贵金属的勘探公司,总部设在加拿大多伦多。Magna Terra在新不伦瑞克、纽芬兰和拉布拉多这三个世界级矿业辖区拥有三个地区规模的先进金矿勘探项目。此外,公司在阿根廷圣克鲁斯省拥有重要的勘探组合,包括在露娜Roja项目中发现贵金属,以及可供选择或合资的地区规模钻探准备项目的广泛组合。
前瞻性陈述
多伦多证券交易所创业板交易所及其监管服务提供商(该术语在多伦多证券交易所创业板政策中定义)均不对本新闻稿的充分性或准确性承担责任。
有关前瞻性信息的警告性声明
本新闻稿中的一些陈述可能包含前瞻性信息。除历史事实外,所有涉及公司相信、预期或预期未来将发生或可能发生的活动、事件或发展的陈述(包括但不限于有关潜在矿化的陈述)均为前瞻性陈述。前瞻性陈述一般可以通过使用“可能”、“将”、“应该”、“继续”、“预期”、“预期”、“估计”、“相信”、“打算”、“计划”或“项目”或这些词语的否定或这些词语或类似术语的其他变体来识别。前瞻性陈述会受到许多风险和不确定因素的影响,其中许多风险和不确定性超出了公司的控制或预测能力,可能会导致公司的实际结果与前瞻性陈述中讨论的大不相同。可能导致实际结果或事件与当前预期大不相同的因素包括但不限于未能确定估计的矿产资源,未来勘探结果与公司预期不一致的可能性,世界黄金市场或其他商品市场的变化,以及公司向相关证券监管机构提交的公开披露记录中披露的其他风险。任何前瞻性陈述仅在作出之日发表,除非适用的证券法另有要求,否则公司没有任何更新任何前瞻性陈述的意图或义务。
如需更多信息,请联系:
麦格纳土地矿业公司(Magna Terra Minerals Inc.)
刘易斯·劳里克
总裁兼首席执行官、董事
647-478-5307
电子邮件:info@magaterraminals.com
网址:www.magaterraminals.com
附件A:Rattling Brook矿藏和Jacksons ARM趋势的重要金矿勘探目标。
附件B:选择钻探截距(岩心长度)、矿产资源区和勘探目标平面图、摇摆溪矿床区、大北方工程。
资料来源:麦格纳土地矿业公司(Magna Terra Minerals Inc.)
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