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Big Red Mining Corp. (RED) Acquires Copper Prince Property - 2 Former Copper Producers in Ontario, Canada

Big Red Mining Corp. (RED) Acquires Copper Prince Property - 2 Former Copper Producers in Ontario, Canada

大型红色矿业公司(RED)收购加拿大安大略省的铜王子财产-2前铜生产商
newsfile ·  2022/06/02 09:05

Highlights:

重点:

  • Copper Prince property contains two former copper producers - the Prince Mine and the Gerrelts Adit
  • Historical Drilling returned copper values ranging from 1.0% to 4.8% over core lengths of 2.5m to 14.5m
  • 铜王子地产包含两家前铜生产商-王子矿和Gerrelts Adit
  • 在2.5米到14.5米的岩心长度上,历史钻探返回的铜价从1.0%到4.8%不等

Vancouver, British Columbia--(Newsfile Corp. - June 2, 2022) - Big Red Mining Corp. (CSE: RED) (FSE: K8J) (the "Company" or "Big Red") is pleased to announce the continuation of exploration on its Properties in the Algoma area near Sault Ste Marie, Ontario. The main Dobie Lake Copper Property has been expanded by approximately 520 Hectares with the addition of the Copper Prince Property to the south. As a result of the Area of Influence negotiated as part of the Option agreement signed with Rich Copper Exploration Corp. (Dated February 25, 2021) the Copper Prince project has been added to Dobie Lake Copper Property.

温哥华,不列颠哥伦比亚省-(Newsfile Corp.-2022年6月2日)-Big Red矿业公司(CSE:RED)(证券交易所股票代码:K8J)(以下简称“公司”或“Big Red”)欣然宣布继续勘探其位于安大略省苏圣玛丽附近阿尔戈马地区的矿产。主要的Dobie Lake铜矿已扩大约520公顷,并在南部增加了铜王子铜矿。作为与Rich铜矿勘探公司签署的期权协议(日期为2021年2月25日)的一部分,谈判的影响范围的结果是,铜王子项目已被添加到Dobie Lake铜矿资产。


Location of Copper Prince Property in Relation to Dobie Lake Copper Property


铜太子属性与多别湖铜属性的关系

The Copper Prince property contains two former copper producers - the Prince Mine and the Gerrelts Adit.

铜王子地产包含两家前铜生产商-王子矿和Gerrelts Adit。

The Prince Mine contains an adit at least 200 Meters ("m") long which follows a zone of mineralized quartz veins in an east-west direction, while the Garrelts Adit appears to intersect a wide zone of multiple quartz veins and breccia containing copper mineralization. Both areas also have trenching, drilling, and sampling from past work and have returned high-grade copper results from past work.

太子矿包含一个至少200米长的平巷,它沿着东西方向的矿化石英脉带而行,而Garrelts平巷似乎与含有铜矿化的多个石英脉和角砾岩的宽阔地带相交。这两个地区还从过去的工作中进行了挖沟、钻探和取样,并从过去的工作中获得了高品位铜的结果。

At the Prince Mine the principal vein has been traced for a length of 350m, and ranges in width from 2.4m to 6.0m. There are four mineralized shoots on surface, as follows: (1) 150m long, 2.0m wide, averaging 3% Copper ("Cu"); (2) 18m long, 3.4m wide, averaging 1.9 % Cu; (3) 13.7m long, 2.0m wide, averaging 2.3% Cu; (4) 35.5m long, 3.02m wide, averaging 0.9% Cu. Nine drill holes drilled in 1929 gave copper values ranging from 1.0% to 4.8% over core lengths of 2.5m to 14.5m. Weighted average of trench samples taken from the zone 150m west of Rackey Lake was 4.1% Cu, 0.03 oz/ton (0.97 g/t) Au over 2.14m. Weighted average of 4 drill holes under trenches was 2.7% Cu, 0.03 oz/ton (0.97 g/t) Au over 2.77m.

在普林斯矿,已追踪到主脉长350米,宽度从2.4米到6.0米不等。地表矿化芽有4个:(1)长150米,宽2.0米,平均含铜3%;(2)长18米,宽3.4米,平均含铜1.9%;(3)长13.7米,宽2.0米,平均含铜2.3%;(4)长35.5米,宽3.02米,平均含铜0.9%。1929年钻了9个钻孔,在2.5米到14.5米的岩心长度上,铜价从1.0%到4.8%不等。从雷奇湖以西150米海沟采集的样品加权平均含量为4.1%铜,0.03盎司/吨(0.97g/吨)金超过2.14米。沟下4个钻孔的加权平均值为2.77米以上,含铜2.7%,含金0.03盎司/吨(0.97g/t)。


The Prince Mine Adit


太子矿平地

The Gerrelts Adit was developed by J.E. Gerrelts in the early 1970's to access a series of quartz veins which had been discovered by prospectors and drilled in the 1960's.

Gerrelts Adit是由J.E.Gerrelts在20世纪70年代初开发的,用于探矿者在20世纪60年代发现并钻探的一系列石英脉。

The adit is seen in the base of a 25m high cliff.

平房位于25米高的悬崖底部。


The Gerrelts Adit at the foot of a cliff with multiple quartz veins


位于多个石英脉的悬崖脚下的Gerrelts Adit

The vein system was tested by drilling in 1965 by at least 8 drill holes which intersected breccia zones up to 15m wide which averaged over 0.3% Cu and had 1.5m intersections up to 1% Cu.

该矿脉系统于1965年通过至少8个钻孔进行了测试,这些钻孔与角砾岩带相交,宽达15米,平均含铜超过0.3%,相交1.5米,含铜达1%。

The mineralization comprises of a series of veins and stockworks containing Chalcopyrite. The mineralized zone has been traced by drilling and IP for over 1000m in an east-west direction. The historical records show that the adit extends at least 25m in an east-west direction with a 45m crosscut to the south. There is no record of the geology of the adit or crosscut but the waste pile contains abundant quartz material with chalcopyrite and malachite-stained rocks.

矿化由一系列含黄铜矿的矿脉和线网组成。利用钻探和激电法对矿化带进行了东西向1000多米的追踪。历史记载表明,平洞东西向至少延伸25m,南侧横断面45m。没有平洞或十字路口的地质记录,但废石堆中含有丰富的石英物质,其中含有黄铜矿和孔雀石污染的岩石。


Malachite from the Gerrelts Adit


来自Gerrelts Adit的孔雀石

A program of ground geophysics is planned to trace the extent of the copper mineralized systems identified in the two adits.

计划开展一项地面地球物理计划,以追踪这两个凹陷中发现的铜矿化系统的范围。

Jag Sandhu, President of Big Red stated "we are very pleased with the amount of copper our Algoma project continues to reveal. The Copper Prince Property is a welcome addition to our plans, and we are confident it will yield significant copper results"

Big Red总裁贾格·桑杜表示:“我们对阿尔戈马项目继续发现的铜矿储量感到非常满意。铜王子矿是我们计划中的一个受欢迎的补充项目,我们有信心它将产生重大的铜矿成果。”

Qualified Person

有资格的人

James Atkinson M.Sc., P. Geo., a Qualified Person ("QP") as such term is defined by National Instrument 43-101 - Standards of Disclosure for Mineral Projects, has reviewed and approved the geological and technical information reported in this news release. Mr. Atkinson is not independent of the Company as he is a member of the Board of Directors of Big Red.

国家仪器43-101-矿产项目披露标准定义的合格人士(“QP”),James Atkinson M.Sc,P.Geo已审核并批准了本新闻稿中报告的地质和技术信息。阿特金森先生并非独立于本公司,因为他是Big Red的董事会成员。

About Big Red Mining Corp.

关于Big Red矿业公司

Bid Red is focussed on discovering metals required for the clean energy revolution. Big Red holds an option to acquire a 100% interest in the Dobie Lake Copper Project (the "Property") in Ontario, Canada. The Property is Located approximately 100 km from Sault Ste Marie, Ontario. The Property surrounds and covers Extensions of the Past producing Jentina Mine. The Property comprises 169 claims totaling 8,600 Acres (35 Square kilometers). Big Red's management team possess extensive experience in financing, exploration, development and mining. Big Red's mission is to conduct future drilling campaigns on the Dobie Lake copper property to maximize its minable resource potential.

Bid Red专注于发现清洁能源革命所需的金属。Big Red拥有收购加拿大安大略省Dobie Lake铜矿项目(“物业”)100%权益的选择权。该酒店距离安大略省苏圣玛丽约100公里。该物业围绕并覆盖了过去生产Jentina矿的延伸部分。这处房产包括169项索赔,总计8600英亩(35平方公里)。大红的管理团队在融资、勘探、开发和采矿方面拥有丰富的经验。Big Red的使命是在多比湖铜矿进行未来的钻探活动,以最大限度地发挥其可开采的资源潜力。

WWW.BIGREDMINING.COM

WWW.BIGREDMINING.COM

On Behalf of the Board of Directors

我谨代表董事会

Jag Sandhu, CEO and President 778-218-9638

首席执行官兼总裁贾格·桑杜,电话:778-218-9638

The information in this news release includes certain information and statements about management's view of future events, expectations, plans and prospects that constitute forward-looking statements. These statements are based upon assumptions that are subject to significant risks and uncertainties. Because of these risks and uncertainties and as a result of a variety of factors, the actual results, expectations, achievements or performance may differ materially from those anticipated and indicated by these forward-looking statements. Although Big Red believes that the expectations reflected in forward-looking statements are reasonable, it can give no assurances that the expectations of any forward-looking statements will prove to be correct.

本新闻稿中的信息包括与管理层对未来事件、预期、计划和前景的看法有关的某些信息和声明,这些信息和声明构成前瞻性声明。这些陈述是基于受重大风险和不确定因素影响的假设。由于这些风险和不确定因素,以及各种因素的影响,实际结果、预期、成就或业绩可能与这些前瞻性陈述中预期和表明的大不相同。尽管Big Red认为前瞻性陈述中反映的预期是合理的,但它不能保证任何前瞻性陈述的预期将被证明是正确的。

To view the source version of this press release, please visit

要查看本新闻稿的源版本,请访问

声明:本内容仅用作提供资讯及教育之目的,不构成对任何特定投资或投资策略的推荐或认可。 更多信息
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