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African Energy Metals Announces Defintive Agreement to Earn a 100% Interest in a Flin Flon Manitoba High Grade Polymetallic Copper Project

(TheNewswire) Vancouver, British Columbia – TheNewswire - (April 5, 2024) –...

articleMagma Silver Corp.April 5, 20244/company/magma-silver-corp/news/african-energy-metals-announces-defintive-agreement-to-earn-a-100percent-interest-in-a-flin-flon-manitoba-high-grade-polymetallic-copper-project
African Energy Metals Announces Defintive Agreement to Earn a 100% Interest in a Flin Flon Manitoba High Grade Polymetallic Copper Project

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[{"type":"text","content":"African Energy Metals Announces Defintive Agreement to Earn a 100% Interest in a Flin Flon Manitoba High Grade Polymetallic Copper Project\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Vancouver, British Columbia –\n \n TheNewswire -\n \n (April 5, 2024) –\n \n African\n \n \n Energy\n \n \n Metals\n \n \n Inc.\n \n (TSXV: CUCO; FSE: BC2; WKN:\nA3DEJG) (“\n \n African\n \n \n Energy\n \n \n Metals”\n \n or the “\n \n Company\n \n ”) has signed a definitive\nagreement with Voyageur Mineral Explorers Corp.(“\n \n Voyageur\n \n ”) (the “\n \n Definitive\n \n \n Agreement\n \n ’) to earn a 100%\ninterest\n \n in the Mink Narrows Group high-grade\npolymetallic copper VMS project (the “\n \n \n Project\n \n \n ”) located\nin the prolific Flin Flon Manitoba VMS mining camp. The Project is\nlocated 25 km southeast of Flin Flon, Manitoba.\n \n \n \n \n Highlights:\n \n \n \n \n \n \n Project subject of extensive exploration by\nFalconbridge Ltd. (“Falconbridge”) and HudBay Minerals Inc.\n(“HudBay”) with over 15,000 m of drilling and multiple geophysical\nprograms.\n \n \n \n \n \n \n Polymetallic copper deposit\n(copper/zinc/nickel/gold/silver/cobalt) with four distinct metal\nregions contained in 54 claims in the 72.4 km² contiguous\nproperty.\n \n \n \n \n \n \n Historical non-compliant resource with average grades\nof 1.5% copper and 0.5% zinc with one zone from surface to 500 m and\nopen to depth and strike.\n \n \n \n \n \n \n Drill Hole MN-00-38 intersected 4.17% copper, 0.34%\nzinc, 11.8g/t silver and 255 ppb gold over 4.1 m.\n \n \n \n \n \n \n Project is located 25 km from Flin Flon and is\ntraversed by a provincial road and power lines, 500 meters from rail\nand 2 km from the Flin Flon airport.\n \n \n \n \n \n \n Flin Flon has a long history as a mining town and Flin\nFlon camp has produced over 170 million tons of sulphide ore from 31\nVHMS deposits with over $1.6 billion invested in the region for road,\nrail, power, and water infrastructure to facilitate quick development\nof new discoveries. (2002 NRC Current Research).\n \n \n \n \n \n \n Located 27 km from the HudBay zinc copper processing\nfacility and 777 copper-zinc mine.\n \n \n \n \n ...

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