VANCOUVER, British Columbia, Aug. 21, 2020 (GLOBE NEWSWIRE) — Main Treasured Metals Corp. (“Main Treasured Metals” or the “Firm”) (CSE:SIZE | OTC:SIZYF | FRANKFURT:3EZ) is happy to announce it has retained RPA Inc. (“RPA”) to finish a Mineral Useful resource Estimate (“MRE”) and Nationwide Instrument 43-101 (“NI 43-101”) technical report for the Skaergaard Treasured Metals Challenge (“Skaergaard” or the “Challenge”) positioned in jap Greenland. The RPA workforce contains geological, mining, and metallurgical consultants who’ve offered experience and recommendation on each continent to purchasers within the mining trade for greater than 35 years. RPA is now part of SLR Consulting Restricted, a world environmental and advisory options agency.
Challenge Particulars and Website Go to
RPA will probably be managing this work from each its London, UK and Toronto, Canada places of work. A property web site go to is deliberate for the second week of September to satisfy private inspection necessities beneath NI 43-101. The Skaergaard web site go to workforce will embody an RPA geologist and mining engineer and embody a property flyover and floor reconnaissance in anticipation of the 2021 exploration program. The RPA workforce may also evaluation and examine pattern historic drill core from the Challenge positioned at a core storage facility in Iceland. Interval sampling will probably be carried out for titanium, vanadium and gallium, amongst different components that would doubtlessly contribute positively to the worth and economics of the Challenge as a part of an expanded dataset for a Preliminary Financial Evaluation (“PEA”).
RPA plans to finish the MRE for the Skaergaard Challenge by this fall after which begin work on a PEA based mostly on the 2020 MRE. The RPA workforce has vital expertise with the Challenge together with an October 2005 historic useful resource estimate (check with July 10, 2020 information launch) and a member of the RPA workforce labored on the Challenge for a former consulting firm and visited Skaergaard in 2011.
Paul Ténière, President and CEO of Main Treasured Metals commented, “We’re very excited to be working with RPA, a extremely respected and skilled mining consulting firm whose historical past with and information of the Challenge will help within the useful resource estimation for Skaergaard. We stay up for their outcomes and proposals for exploration and growth of the Challenge.”
Skaergaard Acquisition Replace
The applying for the 2 exploration license transfers has been reviewed by the Greenland Division of Mineral Assets and submitted to the Minister for ultimate approval with a choice anticipated within the coming days.
On behalf of the Board of Administrators
MAJOR PRECIOUS METALS CORP.
Paul Ténière, M.Sc., P.Geo.
President and Chief Govt Officer
Suite 810 – 789 West Pender Avenue
Vancouver, BC V6C 1H2
Ph: (604) 687-2038
Certified Individual Assertion
All scientific and technical data contained on this information launch was ready and accredited by Paul Ténière, P.Geo., President & CEO of Main Treasured Metals Corp, who’s a Certified Individual as outlined in NI 43-101.
About Main Treasured Metals Corp.
Main Treasured Metals is a Canadian junior mining and exploration firm based mostly in Vancouver, BC that owns a diversified portfolio of exploration properties inside a number of the most promising valuable and base steel deposits worldwide. Main Treasured Metals can also be engaged within the enterprise of buying and exploring valuable steel tasks close to or adjoining to present mining operations managed by well-established mining firms.
Main Treasured Metals is listed on the Canadian Securities Trade (“CSE”) and its frequent shares commerce beneath the ticker image “SIZE.” Further data referring to Main Treasured Metals is out there on SEDAR at www.sedar.com in addition to on the CSE at www.theCSE.com.
The Canadian Securities Trade has on no account handed upon the deserves of the proposed Acquisition and has neither accredited nor disapproved the contents of this information launch.
Ahead-looking Data Assertion
This information launch could include sure “forward-looking statements” and “forward-looking data” inside the that means of relevant Canadian and United States securities legal guidelines. When used on this information launch, the phrases “anticipate”, “imagine”, “estimate”, “anticipate”, “goal”, “plan”, “forecast”, “could”, “schedule” and different comparable phrases or expressions determine forward-looking statements or data. These forward-looking statements or data could relate to the anticipated completion of the Acquisition, the method by which the Firm intends to acquire shareholder approval for the Acquisition, regulatory necessities or approvals essential for completion of the Acquisition, the resumption of buying and selling within the frequent shares of the Firm, and different components or data. Such statements signify the Firm’s present views with respect to future occasions and are essentially based mostly upon quite a lot of assumptions and estimates that, whereas thought of affordable by the Firm, are inherently topic to vital enterprise, financial, aggressive, political and social dangers, contingencies and uncertainties. Many components, each recognized and unknown, may trigger outcomes, efficiency or achievements to be materially completely different from the outcomes, efficiency or achievements which are or could also be expressed or implied by such forward-looking statements. The Firm doesn’t intend, and doesn’t assume any obligation, to replace these forward-looking statements or data to replicate modifications in assumptions or modifications in circumstances or every other occasions affections such statements and data apart from as required by relevant legal guidelines, guidelines and laws.