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ROUYN-NORANDA, Québec, Dec. 01, 2022 (GLOBE NEWSWIRE) — Chibougamau Unbiased Mines Inc. (CBG-TSX-V in Canada, CLL1-Frankfurt, Stuttgart, Berlin and Lang & Schwarz Inventory Exchanges in Germany, CMAUF-OTC within the US) is happy to report the outcomes from drilling within the space of Chibougamau Unbiased’s 100% owned Berrigan property in McKenzie township, (NTS 32G16) northwest of the city of Chibougamau, Quebec.
Two drill holes had been accomplished: BT-22-14 for a complete of 571.7 m and BT-22-15 for a complete of 369 m.
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Gap BT-22-15 intersected two zones of extremely anomalous zinc, gold, and silver mineralization inside a core size of 73.2 m (239.5. ft). A primary zone between 135.7 m to 154.3 m, returned 2.32 % Zn, 1.15 g/t Au and seven.92 g/t Ag over 15.9 m (52.17ft) and a second zone between 180.6 m to 203.5 m, returned 2.19 % Zn, 2.02g/t Au and 22.46 g/t Ag over 22.9 m (75.13 ft).
Increased grade intersections are as follows:
| Size (m) | From (m) | To (m) | Au (g/t) | Ag (ppm) | Zn (%) |
| 2.1m | 135.7 | 137.8 | 1.98 | 14.57 | 5.24 |
| Together with 1.0m | 135.7 | 136.7 | 1.71 | 14.10 | 6.71 |
| 1.1m | 136.7 | 137.8 | 2.23 | 15.00 | 3.90 |
| 0.6m | 141.3 | 141.9 | 9.94 | 16.80 | 9.34 |
| 0.4m | 148.9 | 149.3 | 10.80 | 91.80 | 29.60 |
| 2.5m | 180.6 | 183.1 | 0.37 | 8.05 | 2.49 |
| Together with 0.9m | 180.6 | 181.5 | 0.37 | 7.45 | 3.74 |
| 1.1m | 181.5 | 182.6 | 0.03 | 6.10 | 1.21 |
| 0.5m | 182.6 | 183.1 | 1.13 | 13.40 | 3.08 |
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| Size (m) | From (m) | To (m) | Au (g/t) | Ag (ppm) | Zn (%) |
| 3.2m | 186.9 | 190.1 | 0.42 | 26.61 | 3.80 |
| Together with 1.0m | 186.9 | 187.9 | 0.06 | 19.10 | 4.08 |
| 0.6m | 187.9 | 188.5 | 0.04 | 20.20 | 3.45 |
| 1.0m | 188.5 | 189.5 | 0.58 | 29.80 | 4.03 |
| 0.6m | 189.5 | 190.1 | 1.13 | 40.20 | 3.32 |
| 1.8m | 194.8 | 196.6 | 1.98 | 15.57 | 5.10 |
| Together with 1.0m | 194.8 | 195.8 | 1.15 | 12.43 | 4.95 |
| 0.8m | 195.8 | 196.6 | 3.02 | 19.50 | 5.29 |
| 3.9m | 199.6 | 203.5 | 0.98 | 24.22 | 5.38 |
| Together with 1.5m | 199.6 | 201.1 | 1.54 | 48.00 | 8.62 |
| 1.4m | 201.1 | 202.5 | 0.28 | 8.10 | 1.86 |
| 1.0m | 202.5 | 203.5 | 1.13 | 11.10 | 5.45 |
Gap BT-22-15 intersected the mineralization 75m beneath earlier gap BT-13-03 which assayed 1.28 % Zn, 1.87 g/t Au, 9.05 g/t Ag over 10.1 m and 1.14 % Zn, 1.51 g/t Au, 28.06 g/t Ag over 26.9m and 25m west and 25m beneath beforehand drilled gap BT-16-12 which assayed 2.99 % Zn, 6.90 g/t Au, 12.09 g/t Ag over 4.38m and a pair of.47 % Zn, 0.47 g/t Au, 6.34 g/t Ag over 7.15 m. Beforehand reported in press releases dated April 17,2013 and February 1, 2017.
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Gap BT-22-14 collared 78m southwest of BT-22-15 intersected narrower zones of zinc, silver and gold mineralization together with:
| Size (m) | From (m) | To (m) | Au (ppb) | Ag (ppm) | Zn (%) |
| 1.3m | 167 | 168.3 | 34 | 21.6 | 1.46 |
| 1.0m | 183 | 184 | 192 | 52.0 | 6.30 |
| 1.0m | 273 | 274 | 672 | 41.4 | 3.23 |
| 1.0m | 276 | 277 | 372 | 9.8 | 1.06 |
| 1.0m | 399 | 400 | 692 | 44.0 | 2.29 |
This press launch was written by Pierre Riopel, P. Geo. and Jack Stoch, P. Geo., President and CEO of Chibougamau Unbiased Mines Inc. of their capacities as “Certified Individual (Q.P.)” beneath NI 43-101.
Laboratory and Assay Strategies
Chibougamau Unbiased Mines’ core sampling together with the standard assurance/high quality management program is carried out internally by Chibougamau Unbiased Mines personnel beneath the quick supervision of Chibougamau Unbiased Mines mission geologist. The samples are ready within the coreshack, they’re tagged and sealed in plastic baggage and are delivered straight by Chibougamau Unbiased Mines personnel to Skilled Laboratories Inc, situated at 750-A, rue Saguenay, Rouyn-Noranda. The laboratory conducts all features of the pattern preparation together with drying and crushing to a minus 10 mesh display measurement and the processing of a 300-gram sub pattern for pulverization to a nominal minus 200 mesh measurement with the remaining crushed reject materials being retained for storage. For gold assaying, a 29.16-gram sub-sample of the pulp (1 assay-ton) is taken, fused following the usual procedures utilized in a fireplace assay methodology. The gold content material of all samples is decided utilizing atomic Absorption Spectroscopy. Samples containing higher than 1gpt gold are subjected to a re-assay whereby the gold content material is decided utilizing a gravimetric hearth assay methodology. For base steel assaying (copper, zinc together with silver and cobalt) a 0.5g pattern is initially handled by aqua regia digestion with nitric and hydrochloric acid and subsequently analyzed by a spectrometer of atomic absorption end.
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Analytical accuracy and precision are monitored by the routine insertion of blanks, duplicates and reference accredited low/excessive grade requirements at 20 pattern intervals in Chibougamau Unbiased Mines’ pattern stream. That is along with the routine blanks, duplicates (gold, silver, copper, zinc and cobalt) and accredited requirements insertion by Skilled Laboratories throughout the course of the assaying course of.
Neither the TSX Enterprise Change nor its Regulation Providers Supplier (as that time period is outlined within the insurance policies of the TSX Enterprise Change) accepts duty for the adequacy or accuracy of the discharge.
| We Search Secure Harbour. | CUSIP Quantity 167101 203 LEI 529900GYUP9EBEF7U709 |
| For additional data, contact: | |
| Jack Stoch, P.Geo., Acc.Dir. President & CEO Chibougamau Unbiased Mines Inc. 86, 14th Road Rouyn-Noranda, Quebec Canada J9X 2J1 |
Tel.: 819.797.5242 Fax: 819.797.1470 data@chibougamaumines.com www.chibougamaumines.com |
Ahead Trying Statements
Aside from historic data this Information Launch could comprise sure “ahead trying statements”. These statements could contain quite a few recognized and unknown dangers and uncertainties and different elements which will trigger the precise outcomes, stage of exercise and efficiency to be materially completely different from the Corporations expectations and projections. A extra detailed dialogue of the dangers is accessible beneath “disclaimer” on the Firm’s web site.
