Argyle Resources Provides Update on Matapedia Silica Project Developments and Upcoming Exploration Plans
Argyle Resources Corp. (CSE: ARGL) (OTCQB: ARLYF) has provided an update on its Matapedia silica project in Quebec. The company, in collaboration with INRS, has identified five initial quartzite outcrop areas with high silica potential. These areas will serve as the first targets for exploration, chosen for their accessibility. A one-month restriction on access due to hunting season began on October 5, 2024, with exploration activities set to resume afterward.
The exploration program will include geophysical measurements, SWIR-NIR reflectance, and colorimetric measurements. Argyle has acquired an XRF gun for real-time analysis of silica samples. Samples will be processed at the company's pilot plant facility in St-Lambert-de-Lauzon to determine suitability for various industrial applications. Argyle is also in discussions with another university research group and potential end users for independent analysis and off-take partnerships.
Argyle Resources Corp. (CSE: ARGL) (OTCQB: ARLYF) ha fornito un aggiornamento sul suo progetto di silice Matapedia in Quebec. L'azienda, in collaborazione con l'INRS, ha identificato cinque aree iniziali di affioramenti di quarzite con alto potenziale di silice. Queste aree serviranno come i primi obiettivi per l'esplorazione, scelti per la loro accessibilità. Un divieto di accesso di un mese a causa della stagione di caccia è iniziato il 5 ottobre 2024, con le attività di esplorazione che riprenderanno successivamente.
Il programma di esplorazione includerà misurazioni geofisiche, riflettanza SWIR-NIR e misurazioni colorimetriche. Argyle ha acquisito una pistola XRF per l'analisi in tempo reale dei campioni di silice. I campioni saranno elaborati presso l'impianto pilota dell'azienda a St-Lambert-de-Lauzon per determinarne l'idoneità per varie applicazioni industriali. Argyle è anche in discussione con un altro gruppo di ricerca universitario e potenziali utenti finali per analisi indipendenti e partnership di prelievo.
Argyle Resources Corp. (CSE: ARGL) (OTCQB: ARLYF) ha proporcionado una actualización sobre su proyecto de sílice Matapedia en Quebec. La compañía, en colaboración con el INRS, ha identificado cinco áreas iniciales de afloramientos de cuarcita con alto potencial de sílice. Estas áreas servirán como los primeros objetivos para la exploración, elegidas por su accesibilidad. Una restricción de acceso de un mes debido a la temporada de caza comenzó el 5 de octubre de 2024, con actividades de exploración programadas para reanudarse posteriormente.
El programa de exploración incluirá mediciones geofísicas, reflectancia SWIR-NIR y mediciones colorimétricas. Argyle ha adquirido una pistola XRF para el análisis en tiempo real de muestras de sílice. Las muestras serán procesadas en la planta piloto de la empresa en St-Lambert-de-Lauzon para determinar su idoneidad para varias aplicaciones industriales. Argyle también está en discusiones con otro grupo de investigación universitaria y posibles usuarios finales para análisis independientes y asociaciones de compra.
Argyle Resources Corp. (CSE: ARGL) (OTCQB: ARLYF)는 퀘벡의 마타페디아 실리카 프로젝트에 대한 업데이트를 제공했습니다. 이 회사는 INRS와 협력하여 높은 실리카 잠재력을 가진 오석 노출 지역 다섯 곳을 식별했습니다. 이러한 지역은 접근성이 뛰어나 탐사 초기 목표로 선택되었습니다. 사냥철로 인해 2024년 10월 5일부터 1개월간 접근 금지가 시작되며 이후 탐사 활동이 재개될 예정입니다.
탐사 프로그램에는 지구물리학 측정, SWIR-NIR 반사율 및 색채 측정이 포함됩니다. Argyle은 실리카 샘플의 실시간 분석을 위해 XRF 총을 구입했습니다. 샘플은 다양한 산업 응용에 적합성을 결정하기 위해 St-Lambert-de-Lauzon에 있는 회사의 파일럿 플랜트에서 처리됩니다. Argyle은 또한 다른 대학 연구 그룹 및 잠재적인 최종 사용자와 독립 분석 및 구매 파트너십에 대한 논의를 진행 중입니다.
Argyle Resources Corp. (CSE: ARGL) (OTCQB: ARLYF) a fourni une mise à jour sur son projet de silice Matapedia au Québec. L'entreprise, en collaboration avec l'INRS, a identifié cinq zones d'affleurements de quartzite initiales présentant un fort potentiel en silice. Ces zones serviront de premiers cibles pour l'exploration, choisies pour leur accessibilité. Une restriction d'accès d'un mois en raison de la saison de chasse a débuté le 5 octobre 2024, avec des activités d'exploration prévues pour reprendre par la suite.
Le programme d'exploration comprendra des mesures géophysiques, des réflexions SWIR-NIR et des mesures colorimétriques. Argyle a acquis un pistolet XRF pour l'analyse en temps réel des échantillons de silice. Les échantillons seront traités dans l'usine pilote de l'entreprise à St-Lambert-de-Lauzon pour déterminer leur adéquation à diverses applications industrielles. Argyle est également en discussions avec un autre groupe de recherche universitaire et des utilisateurs finaux potentiels pour des analyses indépendantes et des partenariats d'achat.
Argyle Resources Corp. (CSE: ARGL) (OTCQB: ARLYF) hat ein Update zu seinem Siliziumprojekt Matapedia in Quebec bereitgestellt. Das Unternehmen hat in Zusammenarbeit mit dem INRS fünf anfängliche Quarzite-Freilegebietsflächen identifiziert, die ein hohes Siliziumpotential aufweisen. Diese Bereiche werden als erste Erkundungsziele dienen, die aufgrund ihrer Zugänglichkeit ausgewählt wurden. Eine einmonatige Zugangsbeschränkung wegen der Jagdsaison begann am 5. Oktober 2024, die Erkundungsaktivitäten sollen danach wieder aufgenommen werden.
Das Explorationsprogramm wird geophysikalische Messungen, SWIR-NIR Reflexion und kolorimetrische Messungen umfassen. Argyle hat ein XRF-Gerät zur Echtzeitanalyse von Siliziumproben erworben. Die Proben werden in der Pilotanlage des Unternehmens in St-Lambert-de-Lauzon verarbeitet, um deren Eignung für verschiedene industrielle Anwendungen zu bestimmen. Argyle ist auch in Gesprächen mit einer anderen universitären Forschungsgruppe und potenziellen Endnutzern für unabhängige Analysen und Abnahmepartnerschaften.
- Identification of five initial quartzite outcrop areas with high silica potential
- Acquisition of XRF gun for real-time analysis of silica samples
- Planned processing of samples at company's pilot plant facility
- Ongoing discussions with potential research partners and end users for independent analysis and off-take partnerships
- One-month restriction on access to a large section of the Matapedia project due to hunting season
Calgary, Alberta--(Newsfile Corp. - October 9, 2024) - Argyle Resources Corp. (CSE: ARGL) (OTCQB: ARLYF) (FSE: ME0) ("Argyle" or the "Company") is pleased to update shareholders on developments regarding the Matapedia silica project in Quebec. Following work on compiling and interpreting aeromagnetic and Lidar data, the Company, in partnership with the Institut National de la Recherche Scientifique ("INRS") identified areas of interest with high silica potential. Field work subsequently confirmed Professor Richer-LaFlèche's exploration strategy by identifying five initial quartzite outcrop areas on the Matapedia property that will serve as the first targets for exploration. These locations were selected for their accessibility, which is expected to allow for more efficient operations. While other silica outcrops exist within the property and have been visually identified in the reconnaissance mission executed by an INRS geologist in July 2024 and later in August and September, they are not the target for the first pass exploration. The Company notes that, beginning October 5, 2024, there is a one-month restriction on access to a large section of the Matapedia project for the annual hunting season. The Company's exploration activities will recommence immediately after the hunting season ends.
Figure 1: Large silica outcrop formation on target 1 of Matapedia project
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Figure 2: INRS technician observing large silica outcrop at target 3 of the Matapedia project
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Figure 3: Close up image of silica outcrop at target 1 on the Matapedia project
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The continued exploration program will include outcrop geophysical radiometric gamma ray and magnetic susceptibility measurements, SWIR (shortwave infrared)-NIR reflectance and high precision colorimetric measurements. Following these assessments, diamond saws will be employed for a grooving and channel sampling program on the silica outcrops. To enhance the Company's analytical capabilities, Argyle has acquired an X-ray fluorescence ("XRF") gun that will enable real-time analysis of silica samples and prioritization of sampling sites. This equipment will provide crucial data on silica purity and identify potential contaminants such a Fe2O3, Al2O3, K20, MgO, CaO and TiO2. As the exploration program progresses, the Company intends to provide further disclosure regarding Si02 values detected with the XRF gun and quantitative chemical analysis from Actlabs (Ancaster, On).
Additionally, the samples will be transported to the Company's pilot plant facility in St-Lambert-de-Lauzon (see news release dated August 30, 2024), where the samples will undergo processing of crushing, grinding and granulometric classification. The resulting product will be compared to industrial silica specifications to determine its suitability for various industrial and high technology applications such as solar panel manufacturing, semiconductor chip manufacturing for artificial intelligence applications and EV battery manufacturing.
The Company is in discussions with another university research group and end users of high grade silica with the intent on sharing samples for their independent analysis and potential off-take partnerships.
The Company is committed to advancing its silica projects and believe these initial steps will lay a strong foundation for further exploration and development. We will continue to keep our shareholders informed as we progress.
ON BEHALF OF THE BOARD OF DIRECTORS
'Jeffrey Stevens'
President & CEO
Marc Richer-Lafleche P.GEO., a consultant to the Company and a Qualified Person, as such term is defined by National Instrument 43-101 - Standards of Disclosure for Mineral Projects, has reviewed and approved the scientific and technical information reported in this news release.
About Argyle Resources Corp.
Argyle Resources Corp. is a junior mineral exploration company engaged in the business of acquiring, exploring, staking and evaluating natural resource properties in North America. The Company currently holds an option to acquire up to
For all other inquiries:
Email: info@argylresourcescorp.com
Phone: (825) 724-0033
Website: www.argyleresourcescorp.com
Forward-Looking Statements
This news release contains forward-looking statements and other statements that are not historical facts. Forward-Looking statements are often identified by terms such as "will", "may", "should", "anticipate", "expects" and similar expressions. All statements other than statements of historical fact, included in this news release are forward-looking statements that involve risks and uncertainties. Such statements in this news release include, but are not limited to, the statements with respect to the ongoing execution of an exploration campaign in collaboration with INRS and the expected targets, measurements and timing for exploration; the Company's expectation for further analysis of samples and disclosure regarding same; transportation and processing of samples, discussions for sharing samples and analysis for potential off-take partnerships,; and the potential to identify high-quality silica. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to vary from forward-looking statements or may affect the operations, performance, development and results of the Company's business include, among other things that mineral exploration is inherently uncertain and may be unsuccessful in achieving the desired results; that mineral exploration plans may change and be re-defined based on a number of factors, many of which are outside of the Company's control; the Company's ability to access sources of debt and equity capital; competitive factors, pricing pressures and supply and demand in the Company's industry. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may di fer materially from those anticipated. Forward-Looking statements contained in this news release are expressly qualified by this cautionary statement. The forward-looking statements contained in this news release are made as of the date of this news release and the Company will update or revise publicly any of the included forward-looking statements as expressly required by applicable law. The Canadian Securities Exchange (CSE) has not reviewed and does not accept responsibility for the adequacy or the accuracy of the contents of this release.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/226074
FAQ
What are the main developments in Argyle Resources' Matapedia silica project?
When will Argyle Resources (ARLYF) resume exploration activities at the Matapedia project?
What equipment has Argyle Resources acquired for the Matapedia silica project?
Where will Argyle Resources process the silica samples from the Matapedia project?
