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Clarity Gold Earns 100 Percent of Empirical Project

GlobeNewswire ·  2021/11/29 10:30

VANCOUVER, British Columbia, Nov. 29, 2021 (GLOBE NEWSWIRE) -- Clarity Gold Corp. ("Clarity" or the "Company") (CSE: CLAR, OTC: CLGCF, FSE: 27G) is pleased to announce the exercise of its Option to earn 100% of the Empirical Project. The Company also recently completed a work program on the Empirical Project.

不列顛哥倫比亞省溫哥華,2021年11月29日(GLOBE NEWSWIRE)——Clarity Gold Corp.(“Clarity” 或 “公司”)(CSE:CLAR,場外交易所:CLGCF,FSE:27G)欣然宣佈行使期權以獲得實證項目100%的股份。該公司最近還完成了實證項目的工作計劃。

"Earning 100% of the Empirical Project will help Clarity to unlock value for the asset in the Company's project portfolio," stated CEO, James Rogers. "We look forward to updating on the findings of the recently completed work program where our team completed a geochemical program."

首席執行官詹姆斯·羅傑斯表示:“獲得實證項目的100%股份將有助於Clarity爲公司項目組合中的資產釋放價值。”“我們期待着了解最近完成的工作計劃的最新發現,我們的團隊在該計劃中完成了一項地球化學計劃。”

2021 Empirical Work Program

2021 年實證工作計劃

The 2021 Empirical property field program ran from the 8th of September through to the 27th of September. In total, 67 field man days were completed by a team of five geologists and one field assistant. The program aimed to investigate a group of northwest – southeast trending copper showings occurring consistently through the southeastern extent of the property, namely, the Rickhill, Mud and Cherry showings. Historical blast and hand trenches at the Rickhill showing – where previously, six samples yielded an average of 0.95 percent copper over 12.9 meters (Skerl, 1959), were extensively mapped, chip and channel sampled. A 131-sample soil grid - in close vicinity to the Rickhill showing was completed, in addition to a cumulative 63 meters of trench - chip sampling and 4 meters of channel sampling at the showing itself.

2021年實證財產實地項目從9月8日持續到9月27日。由五名地質學家和一名現場助理組成的團隊總共完成了67天的實地考察。該項目旨在調查該物業東南範圍內持續出現的一組西北至東南走向的銅礦,即Rickhill、Mud和Cherry展覽。Rickhill的歷史爆炸和手溝顯示——此前,有六個樣本在12.9米內平均產出0.95%的銅(Skerl,1959年),並進行了廣泛的測繪、芯片和通道採樣。131個樣本的土壤網格已經完成,該網格位於瑞克希爾展區附近,此外還進行了累計63米的溝槽芯片採樣和4米的渠道採樣。

Across the adjacent Mud and Cherry copper showings, 153 soil samples were obtained, in addition to 52 meters of historic blast trench chip sampling.

在鄰近的 Mud 和 Cherry 銅展上,除了 52 米長的歷史爆炸溝碎片採樣外,還獲得了 153 個土壤樣本。

A mapping and talus sampling campaign was undertaken in the southwestern and central portions of the property, within the Molybdenite Lake cirque and Tow regions, where historically, geological mapping has been deficient and prospective gold and molybdenite showings occur. Approximately 98 rock grab samples were obtained throughout the property, in addition to 63 talus fines samples acquired from the aforementioned Molybdenite Lake and Tow regions of the property.

在該物業的西南部和中部,即輝鉬礦湖馬戲團和陶區,進行了測繪和塔洛斯採樣活動,那裏歷來地質測繪不足,可能出現金和輝鉬礦展覽。除了從該物業的上述輝鉬礦湖和拖區採集的63份塔盧斯粉樣本外,整個物業共採集了大約98份岩石採集樣本。

The 2021 field program assessment report, in conjunction with CAD $160,243.65 expensed on exploration will keep the claims in good standing for an additional two years.

2021年實地項目評估報告,加上160,243.65加元的勘探費用,將使索賠再維持兩年的良好狀態。

Analytical results from samples collected during the program are pending and will be released when they are received and compiled.

該計劃期間收集的樣本的分析結果尚待公佈,將在收到和彙編後公佈。

Exercise of Option to Earn 100% interest

行使期權賺取 100% 利息

Pursuant to the terms of the Option Agreement dated October 1, 2019 between the Company and Longford Capital Corp. (the "Optionor"), the Company satisfied the conditions under the Option Agreement on September 29, 2021 and the Option was exercised, such that the Company received a 100% earned interest in the Empirical property, free and clear of all encumbrances, except a 2% net smelter return royalty (the "Royalty") that was granted by the Company to the Optionor, payable following commencement of commercial production, subject to a buyback right, whereby the Company may repurchase 1% of the Royalty from the Optionor for a purchase price of $1,500,000 prior to the commencement of commercial production.

根據公司與朗福德資本公司(“期權人”)於2019年10月1日簽訂的期權協議的條款,公司於2021年9月29日滿足了期權協議的條件,並行使了期權,因此公司獲得了實證財產的100%所得利息,免除所有抵押權,但由該公司授予的2%冶煉廠淨回報特許權使用費(“特許權使用費”)除外公司向期權人支付,在開始商業化生產後支付,但有回購權,因此在開始商業生產之前,公司可以以1,500,000美元的收購價從期權人手中回購1%的特許權使用費。

About the Company's Flagship Destiny Project

關於公司的旗艦命運項目

Clarity Gold also anticipates additional results from their continued exploration efforts on the flagship Destiny Project. The company recently completed a 10,826 m drill campaign, with samples currently being processed by Bureau Veritas and are anticipated shortly.

Clarity Gold還預計,他們在旗艦Destiny Project上的持續勘探工作將取得更多成果。該公司最近完成了10,826米的鑽井作業,樣本目前正由必維國際檢驗集團處理,預計很快就會完成。

  • Option to acquire 100% ownership.
  • Located in the historic, mineral rich Abitibi Greenstone Belt.
  • Gold mineralization occurs in high-grade quartz veins within shear zones starting at 15 m below surface.
  • Historic Drilling results include:
    • 167 g/t Au over 1 m (from 221.7 m)
    • 6.15 g/t Au over 23.6 m (from 117.2 m)
    • 19.49 g/t Au over 2.7 m (from 166.0 m)
  • The Historical Estimate at the DAC Zone is open along strike with only coarse drilling denoting high grade intercepts outside of the 2011 Historical Estimate area showing expansion potential along strike from the DAC Zone over approximately 2.5 km to the Darla Zone.
  • Excellent infrastructure – ~75 km NNE of Val d'Or with road access.
  • Drilling on the property to date exceeds 60,000m
  • The Company owns 100% of two private lots totaling approximately 82ha
  • 可以選擇獲得 100% 的所有權。
  • 位於歷史悠久、礦產豐富的阿比提比綠石帶。
  • 金礦化發生在剪切帶內的高品位石英礦脈中,始於地表以下 15 m 處。
  • 歷史鑽探結果包括:
    • 1 m 以上爲 167 g/t 金屬(從 221.7 米起)
    • 6.15 g/t 金超過 23.6 米(從 117.2 米起)
    • 19.49 g/t Au 超過 2.7 m(從 166.0 m 起)
  • DAC 區域的歷史估計值是沿走向開放的,只有粗鑽探表示在 2011 年曆史估算區之外有高品位截距,這表明沿着從 DAC 區到達拉區大約 2.5 千米的走向有擴張潛力。
  • 良好的基礎設施——位於瓦爾德奧東北約75公里處,有道路通行。
  • 迄今爲止,該物業的鑽探量已超過6萬米
  • 該公司擁有兩個私人土地的100%,總面積約爲82公頃

The Destiny Project is located in the prolific Abitibi Greenstone Belt where more than 190 million ounces of gold have been produced historically along major structural breaks within the assemblage of Archean-age volcanic, sedimentary and intrusive rocks. The Destiny Project lies along the approximately 400 km long Chicobi Deformation Zone, a major structural break which is largely underexplored in the Abitibi Greenstone Belt.

Destiny Project位於多產的阿比提比綠巖帶,歷史上,在太古時代的火山、沉積岩和侵入岩組合體內的主要結構斷裂處,生產了超過1.9億盎司的黃金。命運計劃位於長約400公里的奇科比變形區沿線,這是一個重要的結構性突破,在阿比提比綠巖帶中基本上沒有得到充分開發。

The 5,013 ha project includes the DAC Zone, one of several gold zones along an approximately 6 km long segment of the Despinassy Shear Zone within the Chicobi Deformation Zone. Approximately 2.5 km east along strike of the DAC Zone is the Darla Zone. In between the Darla and DAC is the coarsely drilled GAP zone where 2012 drilling intercepted anomalous gold in all 12 holes which were spaced 100 m apart.

這個佔地5,013公頃的項目包括DAC區,這是奇科比變形區內Despinassy剪切帶長約6公里的路段上的幾個金礦區之一。沿着DAC區的走向向向東大約2.5公里是達拉區。在 Darla 和 DAC 之間是粗鑽的 GAP 區域,2012 年的鑽探在間隔 100 米的所有 12 個孔中截獲了異常金。

The current exploration potential is based on decades of past work on the Destiny Project. Exploration of the Destiny Project dates back to the 1930s. The first concerted diamond drilling campaign was conducted in 1998.

當前的勘探潛力基於過去數十年來在 “命運計劃” 上的工作。《命運計劃》的探索可以追溯到20世紀30年代。第一次協調鑽石鑽探活動是在1998年進行的。

Previous work on the property can be summarized as follows:

先前關於該物業的工作可以總結如下:

  • 172 Diamond drill holes comprising approximately 50,400 m
  • Reconnaissance till sampling from 11 Sonic drill holes
  • 2,430 MMI geochemical samples
  • 982 line km of airborne VTEM surveys
  • 171 line km of ground magnetics surveys
  • 128 line km of IP
  • 172 個金剛石鑽孔總長約 50,400 米
  • 偵察直到從 11 個聲波鑽孔中取樣
  • 2,430 MMI 地球化學樣本
  • 982 線公里的機載 VTEM 調查
  • 171 線千米的地磁測量
  • IP 長度爲 128 線千米

About the Empirical Project

關於實證項目

The Company's gold-copper-molybdenum porphyry project, the Empirical Project, is located 12 km south of Lillooet, British Columbia, and covers 10,518 ha. The Empirical Project is situated in the Cordilleran Continental Arc which hosts 26 significant porphyry deposits, including Imperial Metal Corporation's historic Huckleberry Mine and Noranda's historic Babine Porphyry camp.

該公司的金銅鉬斑岩項目,即實證項目,位於不列顛哥倫比亞省利盧埃特以南12公里處,佔地10,518公頃。實證項目位於科迪勒蘭大陸弧內,那裏有26個重要的斑岩礦牀,包括帝國金屬公司歷史悠久的哈克貝利礦和諾蘭達歷史悠久的巴賓波菲裏營地。

Between 1981 – 1986, six out of fifteen diamond drill holes intersected gold mineralization, including hole DD81-4 which assayed 3.67 g/t gold over 21 m from 36m. Previous exploration focused on molybdenite without an understanding or aim of targeting a larger porphyry system. For more information on the Empirical Project, please see the Company's National Instrument 43-101 - Standards of Disclosure for Mineral Projects ("NI 43-101") Technical Report on the Empirical Project filed on SEDAR on March 24, 2020.

1981 年至 1986 年間,十五個鑽石鑽孔中有六個與金礦化相交,其中包括 DD81-4 孔,該孔在 36 米處 21 米處測定了 3.67 克/噸的黃金。之前的勘探主要集中在輝鉬礦上,對瞄準更大的斑岩系統一無所知或沒有目標。有關實證項目的更多信息,請參閱公司的國家儀器 43-101- 礦產項目披露標準 (“NI 43-101”)2020年3月24日向SEDAR提交的實證項目技術報告。

There are multiple copper showings in the Southeast portion of the project, including the Rickhill Showing where six surface rock samples collected in 1959 averaged 0.95% copper over 12.9 meters (Minfile 092INW022). Elevated copper in soil samples indicate that this zone of copper mineralization may be extended up to a total of 30 m (Skerl, 1959). In 1970, 538 soils were collected with copper intensities ranging between 6 ppm to 212 ppm (Assessment report 02530).

該項目的東南部分有多處銅展,包括瑞克希爾展覽,1959年採集的六個地表岩石樣本在12.9米處平均含銅量爲0.95%(Minfile 092INW022)。土壤樣本中銅含量升高表明,該銅礦化區總面積可延伸至30米(Skerl,1959)。1970 年,收集了 538 塊土壤,銅強度介於 6 ppm 到 212 ppm 之間(評估報告 02530)。

Historic work in the Southwest identified two molybdenum showings namely, the Molybdenite Lake and Fyp showings where historic samples taken from quartz veins have assayed up to 0.32% molybdenum and 0.35 g/t gold (Nelson, J. (1985-10-01): B.C. Gold Reconnaissance 1985 - Lillooet Project - Final Report; Assessment Report 30875; Minfile 092ISW109, 092ISW110). Previous work has focused on the area's molybdenum potential, with minimal exploration for gold and only coincidental evaluation of the copper potential.

西南部的歷史工作發現了兩個鉬礦展覽,即輝鉬礦湖和Fyp展覽,從石英礦脈中採集的歷史樣本中測得的鉬含量高達0.32%,黃金含量爲0.35克/噸(尼爾森,1985-10-01):1985年不列顛哥倫比亞省黃金偵察——利盧埃特項目——最終報告;評估報告30875;Minfile 092ISW109,092ISW110)。先前的工作側重於該地區的鉬潛力,對黃金的勘探很少,對銅潛力的評估只是偶然的。

The QP (as defined below) has not verified the results of the historic exploration and sampling on the new claims added to the Empirical Project's property package, additional sampling will be required to verify the data.

QP(定義見下文)尚未驗證實證項目財產一攬子計劃中增加的新索賠的歷史勘探和抽樣結果,將需要額外的抽樣來驗證數據。

Qualified Person

合格人員

Mr. Rory Kutluoglu P. Geo., a member of the advisory board and a consultant of the Company, is the Qualified Person ("QP") under NI 43-101 for the technical information in this news release and has verified the data disclosed for the Destiny Project and approves the technical contents contained in this news release.

Rory Kutluoglu P. Geo. 先生是公司顧問委員會成員兼顧問,他是NI 43-101規定的本新聞稿中技術信息的合格人士(“QP”),他已經驗證了命運計劃披露的數據,並批准了本新聞稿中包含的技術內容。

About Clarity

關於清晰度

Clarity Gold Corp. is a Canadian mineral exploration company focused on the acquisition, exploration and development of gold projects in Canada. The Company has entered into an option agreement to purchase 100% of the Destiny Project, Clarity's flagship asset, a gold-focused project in the mineral rich Abitibi region in Quebec. The Company is based in Vancouver, British Columbia, and is listed on the CSE under the symbol "CLAR". To learn more about Clarity Gold Corp. and its projects please visit www.claritygoldcorp.com.

Clarity Gold Corp. 是一家加拿大礦產勘探公司,專注於收購、勘探和開發加拿大的黃金項目。該公司已簽訂期權協議,收購Clarity的旗艦資產Destiny Project的100%股份,該項目位於魁北克礦產豐富的阿比提比地區,是一個以黃金爲重點的項目。該公司總部位於不列顛哥倫比亞省溫哥華,在CSE上市,股票代碼爲 “CLAR”。要了解有關 Clarity Gold Corp. 及其項目的更多信息,請訪問 www.claritygoldcorp.com。

ON BEHALF OF THE BOARD
"James Rogers"
Chief Executive Officer
Tel: 1 (833) 387-7436
Email: info@claritygoldcorp.com 
Website: claritygoldcorp.com

代表董事會
詹姆斯·羅傑斯
首席執行官
電話:1 (833) 387-7436
電子郵件:info@claritygoldcorp.com
網站:claritygoldcorp.com

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION:

關於前瞻性信息的警示性聲明:

This news release contains forward-looking statements. All statements, other than statements of historical fact that address activities, events or developments that the Company believes, expects or anticipates will or may occur in the future are forward-looking statements. Forward-looking statements in this news release include statements regarding: that the Company will provide further updates on the recently completed work program at the Empirical Project; that earning the 100% interest in the Empirical property will help Clarity to unlock value for the asset in the Company's project portfolio; that the Company looks forward to providing further updates with respect to anticipated additional results from continued exploration efforts on the flagship Destiny Project; and other business plans of the Company.

本新聞稿包含前瞻性陳述。除涉及公司相信、預期或預期將要或可能發生的活動、事件或發展的歷史事實陳述外,所有陳述均爲前瞻性陳述。本新聞稿中的前瞻性陳述包括以下陳述:公司將提供有關最近完成的實證項目工作計劃的進一步最新情況;獲得實證物業的100%權益將有助於Clarity爲公司項目投資組合中的資產釋放價值;公司期待提供有關預期情況的進一步最新消息 在旗艦 “命運項目” 上持續探索所取得的其他成果;以及公司的其他業務計劃。

The forward-looking statements reflect management's current expectations based on information currently available and are subject to a number of risks and uncertainties that may cause outcomes to differ materially from those discussed in the forward-looking statements including: that the drilling may not go as planned or start when expected; that the Company may experience difficulties in drilling and carrying out related work; changing costs for mining and processing; increased capital costs; the timing and content of upcoming work programs; geological interpretations based on drilling that may change with more detailed information; the risk that the Company may lose access to any of its properties; the risks that the Company may not find any minerals in commercially feasible quantities; that the Company may not raise enough money to fund its exploration plans; uncertainty of development plans and cost estimates; commodity price fluctuations; political or economic instability and regulatory changes; currency fluctuations; the state of the capital markets; uncertainty in the measurement of mineral reserves and resource estimates; the Company's ability to attract and retain qualified personnel and management; potential labour unrest; uncertainty as to reclamation and closure requirements for its mineral properties; unpredictable risks and hazards related to the exploration and development and operation of a mine or mineral property that are beyond the Company's control; and other risks and uncertainties identified under the heading "Risk Factors" in the Company's continuous disclosure documents filed on SEDAR. Although the Company believes that the assumptions inherent in the forward-looking statements are reasonable, forward-looking statements are not guarantees of future performance and, accordingly, undue reliance should not be put on such statements due to their inherent uncertainty. Factors that could cause actual results or events to differ materially from current expectations include general market conditions and other factors beyond the control of the Company. The Company expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required by applicable law.

這些前瞻性陳述反映了管理層基於當前可用信息的當前預期,並存在許多風險和不確定性,這些風險和不確定性可能導致結果與前瞻性陳述中討論的結果存在重大差異,包括:鑽探可能無法按計劃進行或按預期開始;公司在鑽探和開展相關工作時可能遇到困難;採礦和加工成本變化;資本成本增加;即將出臺的工作計劃的時間和內容;地質學基於鑽探的解釋,這些解釋可能會隨着更詳細的信息而發生變化;公司可能無法獲得任何商業上可行的礦產的風險;公司可能無法籌集到足夠資金來資助其勘探計劃的風險;開發計劃和成本估算的不確定性;大宗商品價格波動;政治或經濟不穩定及監管變化;貨幣波動;資本市場狀況;礦產儲量計量的不確定性資源估算;公司吸引和留住合格人員和管理層的能力;潛在的勞工動盪;其礦產開墾和關閉要求的不確定性;與公司無法控制的礦山或礦產的勘探、開發和運營相關的不可預測的風險和危險;以及公司向SEDAR提交的持續披露文件中在 “風險因素” 標題下確定的其他風險和不確定性。儘管公司認爲前瞻性陳述中固有的假設是合理的,但前瞻性陳述並不能保證未來的表現,因此,由於其固有的不確定性,不應過分依賴此類陳述。可能導致實際業績或事件與當前預期存在重大差異的因素包括總體市場狀況和公司無法控制的其他因素。除非適用法律要求,否則公司明確表示不打算或沒有義務更新或修改任何前瞻性陳述,無論是由於新信息、未來事件還是其他原因。

The Canadian Securities Exchange (operated by CNSX Markets Inc.) has neither approved nor disapproved of the contents of this press release.

加拿大證券交易所(由CNSX Markets Inc.運營)既沒有批准也沒有拒絕本新聞稿的內容。


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