Halcones Treasured Metals Corp. (TSX – V: HPM) (the “Firm” or “Halcones”) is happy to announce extra outcomes from the latest discipline program on the Polaris gold venture, Chile (“Polaris” or the “Undertaking”). Polaris is a big, extremely potential gold venture that has by no means been drilled. No trendy exploration has been carried out up to now aside from fundamental rock sampling and mapping. Floor bedrock sampling carried out by Halcones’ geologists has prolonged the strike size of a development of assay outcomes, comprising greater than 400 rock samples, many grading higher than 1g/t gold, to three.9 km. This development stays open for an additional 2km to the north and 1.5 km to the south earlier than reaching property boundaries.
In keeping with Ian Parkinson, CEO of Halcones, “It’s exceedingly uncommon to see such an intensive and extremely mineralized gold development that has by no means been drilled. In additional than ten years as a senior mining analyst for main monetary establishments, there’s not a single venture I’ve seen that exhibits such intensive mineralization in outcrops and no historical past of systematic exploration. We’re very excited by the prospectivity of this venture”.
Halcones’ geologists latest discipline work was targeted on mapping and sampling a precedence space throughout the North Zone (Determine 1) leading to an expanded precedence goal. This space has persistently returned excessive grade outcomes from floor sampling. A number of extremely potential drill targets have been outlined by this sampling program within the North Zone (see Determine 2). Sampling accomplished by the Firm has elevated the gold mineralized footprint by roughly 210% from the realm first noticed by the optionors of the Undertaking. Firm geologists consider that the North and South Zones might merge right into a single giant gold anomaly, additional rising the potential of the Undertaking. Sampling is restricted within the space between the North and South Zone as a result of presence of skinny overburden cowl. The following section of exploration will deal with higher defining the extension of the anomalous gold on this space to substantiate the present geological interpretation of the sphere staff. Further sampling to discover and broaden the anomaly to the north and east may even be executed as a part of the following stage of exploration.
Highlights:
- Choose highlights from the final batch of 44 assays embody 29.04, 10.67, and three.54 g/t Au, hosted primarily in stockwork (see Figures 3 & 4). These outcomes are along with the 20.05, 13.08, 8.54 and 6.67 g/t Au beforehand reported (see February 4th,2025 press launch for particulars). The samples consisted of steady 1m lengthy chip samples to make sure consultant sampling. This system prioritized sampling of stockwork versus bigger quartz veins. Gold bearing stockwork (see Figures 3 & 4) at floor has been sampled over roughly a 250m X 500m space and the boundaries of this mineralized zone are unknown. A number of high-grade goal areas have been recognized. Nonetheless, the complete space might characterize a big, bulk minable goal if continuity between bedrock samples is established. See Determine 2 for places of samples.
- The North Zone pattern space with the best focus of high-grade floor samples has been expanded to the South. Sampling by Halcones’ geologists returned values according to work executed by the optionors of the Undertaking and prolonged the identified space of high-grade mineralization to greater than double that beforehand outlined. The approximate floor space of this goal containing a number of floor samples above 1 g/t is 12.3 hectares.
- Excessive grade mineralization continues to exhibit a powerful structural management. Within the reported sampling space (Determine 2), excessive grade samples proceed to happen on the southwest facet of a structural break. Roughly 40% of the floor space within the northwest portion of the Undertaking space has a skinny layer of colluvial cowl and this has seen restricted sampling. The Firm plans to broaden its sampling by this skinny cowl when approvals are in place.
- Halcones believes there’s potential for a bigger tonnage floor deposit of vein and stockwork hosted mineralization throughout the extremely fractured granodioritic rocks adjoining to fault splays related to the continental scale, Atacama Fault System within the space. In depth gold mineralization has been recognized by floor bedrock sampling over 3.9 km of strike size alongside these constructions on the property up to now.
Ian Parkinson, CEO and Director of Halcones:
“We’re very excited by the outcomes of our first discipline program at Polaris. These outcomes have confirmed what we had hoped for at Polaris. In a number of weeks of discipline work we have now materially expanded the preliminary areas of curiosity and a number of other very clear targets for future drilling have emerged. It’s uncommon to see such broad anomalous gold at floor. A lot of the Undertaking space stays sparsely sampled and mapped. Our technical staff is presently planning to get again into the sphere”.
About The Latest Discipline Program:
The had been two most important goals of the sphere program.
1) Broaden the footprint of the identified mineralization within the Northwest nook of the North Zone (See Determine 1).
2) Take a look at and higher outline the extent of mineralized stockwork as a decrease grade bulk tonnage alternative adjoining to the identified vein hosted mineralization.
This primary discipline program has efficiently expanded the floor space of mineralization (see Determine 2) and confirmed the presence of in depth stockwork hosted gold mineralization at floor.
Sampling beforehand carried out on Polaris recognized the northwest part of the North Zone as a precedence space (see Determine 1). In latest discipline work, Halcones’ geologists elevated the density of sampling and expanded the floor footprint of sampling on this precedence space (see Determine 2). Halcones’ geologists took a complete of 140 samples throughout the latest discipline marketing campaign. All assays from this program have been obtained, of which 31 returned values above 1 g/t Au.
This sampling program has efficiently expanded the floor expression of the work accomplished beforehand on Polaris. Moreover, stockwork mineralization has been confirmed over a broader space. The presence of mineralized stockwork over an intensive space helps Halcones’ geologist interpretation that bulk tonnage deposit potential exists at Polaris. Sampling has been restricted in sure areas as a result of presence of a skinny layer of colluvial cowl. Sampling applications are being deliberate to check bedrock beneath this this cowl.
Halcones’ geologists have been working with a geological mannequin that Polaris holds potential for a large-scale bulk tonnage open pit operation. The presence of mineralization in stockworks within the wall rocks away from the traditionally mined, mineralized veins is a vital part of this mannequin that’s current at Polaris. This stockwork is believed to have an identical genesis to the vein hosted mineralization beforehand exploited by artisanal miners however was by no means focused. The stockwork mineralization isn’t visually apparent resulting from a basic lack of related sulfide minerals. The 17 identified small scale mines within the Undertaking space exploited very high-grade veins with no deal with the stockwork adjoining to the veins.
Determine 1: Polaris Undertaking sampling has recognized gold mineralization over a 3.9 km extent in an space that has by no means been drilled.
Determine 2: Polaris North Zone discipline program outcomes with latest assays represented.
The celebs are Halcones’ samples, the dots are samples by the optionors.
Determine 3: Instance of typical mineralized stockwork in outcrop. The rock is very transected by randomly oriented hairline fractures that generally comprise sub-millimetre to a number of millimetre quartz veins which are thought to comprise the gold. The host is often tonalite to granodiorite, which has been fractured adjoining to the fault methods within the space. Visually, there are few indications of mineralization.
Determine 4: Instance of stockwork mineralization exhibiting bigger quartz veinlets. The mineralized rock is characterised by a number of veinlets and fractures at varied orientations.
About The Sampling Course of
Utilizing a hammer and a rock chisel, a chip pattern is carried out uniformly over no less than 1 meter sections, making certain full assortment and homogeneity with the intention to obtain correct illustration of the pattern. The pattern is collected perpendicular to the dominant strike of the constructions and the pattern mass have to be a minimal of two kg. Within the occasion that the outcrop presents some mineralized construction, an impartial pattern shall be taken solely from the mineralized construction and an impartial pattern from the host rock on either side of the construction. This course of is designed to restrict bias resulting from excessive grading pattern assortment.
All samples had been bagged and sealed on web site and delivered immediately by the Undertaking Geologist to ANDES ANALITYCAL ASSAY Laboratory in Copiapó, Chile. After pattern preparation at ANDES ANALITYCAL ASSAY Laboratory in Copiapó, cut up pulp samples had been shipped to ANDES ANALITYCAL ASSAY in Santiago, Chile for assaying gold by fireplace assay (AEF_AAS_1E42-FF), and for analyzing 34 different parts, together with silver, by 4 acids (ICP_AES_AR34m1).
ANDES ANALITYCAL ASSAY is an impartial laboratory licensed with a world high quality administration system that meets all necessities of Worldwide Requirements ISO/IEC 17025:2017, contains its personal inner high quality management samples comprising licensed reference supplies, blanks, and pulp duplicates.
Certified Individual
The scientific and technical info on this information launch has been reviewed and authorized by Mr. David Gower, P.Geo., as outlined by Nationwide Instrument 43-101 of the Canadian Securities Directors.
About Halcones Treasured Metals Corp.
Halcones is concentrated on exploring for and growing gold-silver tasks in Chile. The Firm has a staff with a powerful background of exploration success within the area.
For additional info, please contact:
Vincent Chen, CPA
Investor Relations
vincent.chen@halconespm.com
www.halconespreciousmetals.com
Cautionary Observe Relating to Ahead-looking Info
This press launch incorporates “forward-looking info” throughout the which means of relevant Canadian securities laws. Ahead-looking info contains, with out limitation, relating to the prospectivity of the Undertaking, the mineralization of the Undertaking, the Firm’s exploration program, the Firm’s capacity to discover and develop the Undertaking and the Firm’s future plans. Typically, forward-looking info will be recognized by means of forward-looking terminology corresponding to “plans”, “expects” or “doesn’t count on”, “is anticipated”, “finances”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “doesn’t anticipate”, or “believes”, or variations of such phrases and phrases or state that sure actions, occasions or outcomes “might”, “may”, “would”, “would possibly” or “shall be taken”, “happen” or “be achieved”. Ahead- wanting info is topic to identified and unknown dangers, uncertainties and different elements which will trigger the precise outcomes, stage of exercise, efficiency or achievements of Halcones, because the case could also be, to be materially completely different from these expressed or implied by such forward-looking info, together with however not restricted to: basic enterprise, financial, aggressive, geopolitical and social uncertainties; the precise outcomes of present exploration actions; dangers related to operation in international jurisdictions; capacity to efficiently combine the bought properties; international operations dangers; and different dangers inherent within the mining business. Though Halcones has tried to establish essential elements that would trigger precise outcomes to vary materially from these contained in forward-looking info, there could also be different elements that trigger outcomes to not be as anticipated, estimated or meant. There will be no assurance that such info will show to be correct, as precise outcomes and future occasions may differ materially from these anticipated in such statements. Accordingly, readers mustn’t place undue reliance on forward-looking info. Halcones doesn’t undertake to replace any forward-looking info, besides in accordance with relevant securities legal guidelines.
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