Metalsource provides update on exploration at Aruba
Metalsource Mining ha fornito un aggiornamento sul suo programma di esplorazione in corso presso la proprietà Aruba, situata nel Sud-Centro del Botswana. L'azienda ha completato il campionamento del suolo e sta conducendo un'indagine di gravità terrestre per individuare obiettivi di perforazione nella stratigrafia del Supergruppo Transvaal, nota per la mineralizzazione di manganese.
Il Progetto Aruba comprende cinque licenze di prospezione che coprono un'area di 4.663 km² ed è posizionato strategicamente tra Jwaneng e Werda. La proprietà include una porzione significativa del margine occidentale del Molopo Farms Complex (MFC) di 1.300 km², che mostra potenziale per mineralizzazioni di nichel, rame e PGE. L'area del progetto confina con Rio Tinto Exploration e beneficia di una buona infrastruttura.
Metalsource Mining ha proporcionado una actualización sobre su programa de exploración en curso en la propiedad Aruba en el centro-sur de Botsuana. La compañía ha completado el muestreo de suelo y está llevando a cabo una encuesta de gravedad terrestre para identificar objetivos de perforación en la estratigrafía del Supergrupo Transvaal, conocido por la mineralización de manganeso.
El Proyecto Aruba abarca cinco licencias de prospección que cubren 4,663 km² y está estratégicamente ubicado entre Jwaneng y Werda. La propiedad incluye una porción significativa del margen occidental del Molopo Farms Complex (MFC) de 1,300 km², que muestra potencial para la mineralización de níquel, cobre y PGE. El área del proyecto está adyacente a Rio Tinto Exploration y cuenta con buena infraestructura.
Metalsource Mining은 보츠와나 중남부에 위치한 Aruba 광산 부지의 진행 중인 탐사 프로그램에 대한 최신 정보를 제공했습니다. 회사는 토양 샘플링을 완료했으며 망간 광화로 알려진 트란스발 슈퍼그룹 지층에서 시추 목표를 찾기 위해 지상 중력 조사를 수행하고 있습니다.
Aruba 프로젝트는 4,663 km²를 포함하는 5개의 탐사 허가를 포함하며, Jwaneng과 Werda 사이에 전략적으로 위치해 있습니다. 이 부지에는 니켈, 구리 및 백금족 원소(PGE) 광화 가능성이 있는 1,300 km² 규모의 Molopo Farms Complex (MFC) 서쪽 경계의 상당 부분이 포함되어 있습니다. 프로젝트 지역은 Rio Tinto Exploration과 인접해 있으며 우수한 인프라를 갖추고 있습니다.
Metalsource Mining a fourni une mise à jour sur son programme d'exploration en cours sur la propriété Aruba dans le centre-sud du Botswana. La société a terminé le prélèvement d'échantillons de sol et réalise une enquête gravimétrique au sol pour identifier des cibles de forage dans la stratigraphie du Supergroupe Transvaal, connue pour sa minéralisation en manganèse.
Le projet Aruba comprend cinq licences de prospection couvrant 4 663 km² et est stratégiquement situé entre Jwaneng et Werda. La propriété inclut une partie importante de la marge ouest du Molopo Farms Complex (MFC) de 1 300 km², qui présente un potentiel de minéralisation en nickel, cuivre et PGE. La zone du projet est adjacente à Rio Tinto Exploration et bénéficie d'une bonne infrastructure.
Metalsource Mining hat ein Update zu seinem laufenden Explorationsprogramm auf dem Aruba-Grundstück im südzentralen Botswana veröffentlicht. Das Unternehmen hat Bodenproben entnommen und führt eine Boden-Schwereuntersuchung durch, um Bohrziele in der Stratigraphie der Transvaal-Supergruppe zu identifizieren, die für Manganmineralisierung bekannt ist.
Das Aruba-Projekt umfasst fünf Prospektionslizenzen mit einer Fläche von 4.663 km² und liegt strategisch zwischen Jwaneng und Werda. Das Grundstück beinhaltet einen bedeutenden Teil des westlichen Randes des 1.300 km² großen Molopo Farms Complex (MFC), der Potenzial für Nickel-, Kupfer- und PGE-Mineralisierung aufweist. Das Projektgebiet grenzt an Rio Tinto Exploration und verfügt über eine gute Infrastruktur.
- Strategic location adjacent to Rio Tinto Exploration with good infrastructure
- Large land package of 4,663 km² in prospective Manganese-rich region
- Property includes significant portion of Molopo Farms Complex with potential for Nickel, Copper, and PGE mineralization
- Project located in same geological formation as areas containing 40% of world's Manganese reserves
- Early-stage exploration with no drilling completed yet
- Results from soil sampling analysis still pending
- No confirmed mineralization discovered yet
VANCOUVER, BRITISH COLUMBIA, May 01, 2025 (GLOBE NEWSWIRE) -- METALSOURCE MINING INC. (the “Company” or "Metalsource") (CSE: “MSM”) is pleased to provide an update on the Company’s exploration program at the Aruba Property, which is currently underway. This first program conducted by the company consists of a soil sampling program and a ground gravity survey. The intent is to delineate anomalous trends with coincident geophysical signatures to develop drill targets in the Transvaal Supergroup stratigraphy known to be a host for Manganese mineralization, as observed at the K-Hill and the Kalahari Manganese Field of South Africa.
The company has completed soil sampling across the portion of the claim group where the Transvaal has been mapped regionally. The target stratigraphy is the Kanye Basin portion of the Transvaal Supergroup, with mineralization in the district occurring in the Black Reef Formation. The samples have been analyzed using a field portable XRF and are being prepared for submittal for ICP analysis. The soon to be completed gravity survey, in conjunction with these collected soil samples will be instructive to shape the planned drill campaign.
“Initiating exploration and advancing the project is an exciting first step that we have been looking forward to for some time.” CEO Joseph Cullen commented “The team has spent a lot of time deliberating and working through information available, so expanding our knowledge and testing ideas is something the whole team has been anxious to start. As the data is added to our knowledge, the team can start thinking about drilling in earnest, making for very exciting times at Metalsource.”
The Aruba Project
The Aruba Project consists of five prospecting licenses totaling approximately 4,663 km2 in South-Central Botswana. The property is underlain by the Kayne Basin and represents a north central portion of the Transvaal Supergroup, which contains
The Property also makes up a significant portion of the western margin of the approximately 1300 km2 Molopo Farms Complex (“MFC”), including the basal units prospective for Nickel, Copper and PGE mineralization. The MFC is made up by a well layered lower ultramafic sequence containing; chromite bearing hezburgite, olivine orthopyroxinite and dunite. The upper mafic layers consist of norite, gabbros and diorites with pegmatitic areas. Structurally, the MFC consists of a folded, block-faulted and tilted lopolith now warped into a southwest-plunging syncline and divided into northern and southern lobes by the east-northeast trending Jwaneng-Makopong and northeast-trending Werda-Kgare shear zones. Parts of the intrusion and its roof-rocks were later eroded and unconformably overlain by Waterberg Group and Kalahari sands. Current thinking is that the MFC was emplaced by two sets of dykes forming two sub-lopoliths and sills. The project area is adjacent to Rio Tinto Exploration and is surrounded by good infrastructure.
Qualified Person
All scientific and technical information in this news release has been reviewed and prepared under the supervision of Rory Kutluoglu, P.Geo., a Qualified Person as defined in National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”).
About Metalsource Mining
The Company is engaged in acquisition, exploration and development of mineral property assets in Canada. The Company’s objective is to locate and develop economic precious and base metal properties of merit and to conduct its exploration program on the Old Timer Property. The Old Timer Property is located 17 km southeast of Nelson, in the Nelson Mining Division of southern British Columbia.
For more information, please refer to SEDAR (www.sedar.com), under the Company’s profile.
ON BEHALF OF THE BOARD OF DIRECTORS
“Joseph Cullen”
Joseph Cullen, Chief Executive Officer
and Director
For further information, please contact:
Mr. Joseph Cullen
Phone: 778-919-8615
Email: jpacullen@gmail.com
Website: www.silverfishresources.com
THE CANADIAN SECURITIES EXCHANGE HAS NOT APPROVED NOR DISAPPROVED
OF THE CONTENT OF THIS PRESS RELEASE
Cautionary Note About Forward-Looking Statements
This news release contains statements that constitute “forward-looking statements.” Such forward looking statements involve known and unknown risks, uncertainties and other factors that may cause the Company’s actual results, performance or achievements, or developments in the industry to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words “expects,” “plans,” “anticipates,” “believes,” “intends,” “estimates,” “projects,” “potential” and similar expressions, or that events or conditions “will,” “would,” “may,” “could” or “should” occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements, and readers should not place undue reliance on such statements. These forward-looking statements speak only as of the date on which they are made, and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances unless otherwise required to do so by law.
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