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Mink Ventures Completes Payments to Earn 80% Interest in Montcalm

Mink Ventures Completes Payments to Earn 80% Interest in Montcalm

Mink Ventures完成付款以賺取蒙特卡姆80%的利息
newsfile ·  2023/12/19 16:00

Toronto, Ontario--(Newsfile Corp. - December 19, 2023) - Mink Ventures Corporation (TSXV: MINK) ("Mink" or the "Company") today announced that it has issued the second and final tranche of 800,000 shares to Voltage Metals Corp. (CSE: VOLT), and made the second and final $25,000 cash payment required under the option agreement to earn its 80% interest in the Montcalm Ni Cu Co Project. In addition, Mink has expended the required $600,000 in exploration expenditures on the project and upon completion of the transfer of certain assessment credits in March 2024, the Company will have earned its 80% interest in the property.

安大略省多倫多--(Newsfile Corp.,2023 年 12 月 19 日)-Mink Ventures Corporation(TSXV:MINK)(貂皮“或者”公司“)今天宣佈,它已向Voltage Metals Corp.(CSE:VOLT)發行了第二批也是最後一批80萬股股票,並支付了期權協議要求的第二筆也是最後一筆25,000美元現金,以賺取其在蒙特卡姆鎳銅公司項目中的80%的權益。此外,Mink已將所需的60萬美元勘探支出用於該項目,在2024年3月完成某些評估信貸的轉讓後,該公司將獲得該物業80%的權益。

The Montcalm Project, covers 40 km2 adjacent to Glencore's former Montcalm Mine which had historical production of 3.93 million tonnes of ore grading 1.25% Ni, 0.67% Cu and 0.051% Co (Ontario Geological Survey, Atkinson, 2010). Montcalm has excellent access and infrastructure including an all-weather road to the property, a series of logging roads throughout, and proximity to the Timmins Mining Camp, enabling cost-effective mobilization and exploration.

蒙特卡姆項目佔地40平方公里,毗鄰嘉能可的前蒙特卡姆礦,該礦的歷史產量爲393萬噸,鎳品位爲1.25%,銅品位爲0.67%,鈷品位爲0.051%(安大略地質調查局,阿特金森,2010年)。蒙特卡姆擁有良好的交通和基礎設施,包括通往該物業的全天候道路,各處有一系列伐木道路,並且靠近蒂明斯採礦營地,從而實現了具有成本效益的動員和勘探。

About Mink Ventures Corporation:

關於 Mink Ventures 公司:

Mink Ventures Corporation (TSXV: MINK) is a Canadian mineral exploration company exploring for critical minerals (nickel, copper, cobalt) at its Warren and Montcalm projects, in the Timmins, Ontario area. Mink's flagship Montcalm Project, covers 40 km2 adjacent to Glencore's former Montcalm Mine which had historical production of 3.93 million tonnes of ore grading 1.25% Ni, 0.67% Cu and 0.051% Co (Ontario Geological Survey, Atkinson, 2010). Its Warren Ni Cu Co Project is located 35 km away. Both projects have excellent access and infrastructure with an all-weather access road and power as well as its proximity to the skilled labour and facilities of the Timmins Mining Camp. After giving effect to the share issuance to Voltage Metals Corp, the Company has 18,702,984 shares outstanding.

Mink Ventures Corporation(多倫多證券交易所股票代碼:MINK)是一家加拿大礦產勘探公司,在其位於安大略省蒂明斯地區的沃倫和蒙特卡姆項目中勘探關鍵礦物(鎳、銅、鈷)。Mink的旗艦蒙特卡姆項目佔地40平方公里,毗鄰嘉能可的前蒙特卡姆礦,該礦的歷史產量爲393萬噸,鎳品位爲1.25%,銅品位爲0.67%,鈷品位爲0.051%(安大略地質調查局,阿特金森,2010年)。它的沃倫鎳銅公司項目距離酒店有35公里。這兩個項目都擁有良好的通道和基礎設施,擁有全天候通道和電力,並且靠近蒂明斯採礦營地的熟練勞動力和設施。在向Voltage Metals Corp發行股票生效後,該公司已經 18,702,984 已發行股份。

For further information about Mink Ventures Corporation please contact: Natasha Dixon, President & CEO, T: 250-882-5620 E: ndixon@minkventures.com or Kevin Filo, Director, T: 705-266-6818 or visit

有關 Mink Ventures Corporation 的更多信息,請聯繫:總裁兼首席執行官娜塔莎·迪克森,電話:250-882-5620 E:ndixon@minkventures.com 或董事凱文·菲洛,電話:705-266-6818 或訪問

Forward Looking Statements

前瞻性陳述

This press release includes certain "forward-looking information", including, but not limited to, statements with respect to the prospectivity of the Montcalm Project. Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of MINK to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Factors that could affect the outcome include, among others: future prices and the supply of metals; the results of exploration work; inability to raise the money necessary to incur the expenditures required to retain and advance the Montcalm Project; environmental liabilities (known and unknown); general business, economic, competitive, political and social uncertainties; accidents, labour disputes and other risks of the mining industry; political instability, or delays in obtaining governmental approvals. For a more detailed discussion of such risks and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements, refer to MINK's filings with Canadian securities regulators available on SEDAR+. These forward-looking statements are made as of the date hereof and MINK disclaims any intent or obligation to update publicly any forward-looking statements, whether as a result of new information, future events or results or otherwise, except as required by applicable securities laws.

本新聞稿包含某些 “前瞻性信息”,包括但不限於有關蒙特卡姆項目前景的聲明。前瞻性陳述涉及已知和未知的風險、不確定性和其他因素,這些因素可能導致MINK的實際業績、業績或成就與前瞻性陳述所表達或暗示的任何未來業績、業績或成就存在重大差異。可能影響結果的因素包括:金屬的未來價格和供應;勘探工作的結果;無法籌集必要的資金來支付維持和推進蒙特卡姆項目所需的支出;環境負債(已知和未知);一般業務、經濟、競爭、政治和社會的不確定性;採礦業的事故、勞資糾紛和其他風險;政治不穩定或延遲獲得政府批准。有關此類風險和其他可能導致實際業績與此類前瞻性陳述所表達或暗示的結果存在重大差異的因素的更詳細討論,請參閱MINK在SEDAR+上向加拿大證券監管機構提交的文件。這些前瞻性陳述自本文發佈之日起作出,除非適用的證券法要求,否則MINK不打算或沒有義務公開更新任何前瞻性陳述,無論是由於新信息、未來事件或業績還是其他原因。

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。

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