Argyle Resources Corp Secures Permissions and Begins Exploration at Matapedia Silica Project
Argyle Resources Corp Secures Permissions
and Begins Exploration at Matapedia Silica
Project
Calgary, Alberta--(Newsfile Corp. - August 20, 2024) - Argyle Resources Corp. (CSE: ARGL) (OTC
Pink: ARLYF) (FSE: ME0) ("
Argyle
" or the "
Company
") is pleased to announce that it has successfully
obtained the necessary permission signatures from private landholders for its Matapedia silica project in
Quebec. These permissions are crucial for Argyle to proceed with its planned exploration work program,
which is being conducted in collaboration with the Institut National de la Recherche Scientifique (INRS).
The 2024 exploration program is set to include a range of detailed activities aimed at advancing the
Matapedia silica project. The key components of the program are:
Geological Reconnaissance: Conducting a thorough examination of the main silica outcrops to
assess their distribution and characteristics.
High-Resolution Drone Imagery: Producing high-resolution drone imagery to capture detailed
visual data of the project area.
Thermal Infrared and LIDAR Drone Imagery: Using thermal infrared and LIDAR technology to
identify outcropping and sub-outcropping areas within the forest environment.
High-Resolution Drone Magnetometric Survey: Performing a magnetometric survey using drones
to delineate potential zones for further exploration.
Geological and Structural Mapping: Mapping geological and structural features and identifying
potential sampling sites.
Sampling Work and Overburden Stripping: Carrying out sampling work, including mechanized
overburden stripping, transporting samples to a laboratory, and geological mapping of outcrops
with grooves (channel sampling).
Real-Time Kinematic Mapping and Total Station Survey: Completing real-time kinematic mapping
and total station surveys of sampled sites.
Bulk Sample Collection: Collecting bulk samples of quartzite for further analysis.
Laboratory Assessments: Conducting granulometric analysis, geometallurgical studies, and X-ray
fluorescence analysis to evaluate the silica quality and potential applications.
Additionally, INRS technicians have arrived at the Matapedia project site and have commenced
geolocating silica outcrops using GPS devices. These outcrops will be cleaned and sampled as part of
the initial phase of the exploration work.
"We are excited to move forward with the phase 1 exploration of the Matapedia project following the
successful acquisition of permissions from the private landholders," said Jeff Stevens, CEO of Argyle
Resources Corp. "The INRS-led 2024 exploration program will provide critical insights into the high
grade silica potential at Matapedia. We are confident that these efforts will yield valuable information and
enhance the project's potential."
Argyle Resources Corp remains committed to advancing its silica exploration initiatives through
innovative techniques and strong partnerships. The company looks forward to the results of this
exploration program and to further developing its silica assets.
Marc Richer-Lafleche., P.GEO., is the Qualified Person ("QP"), as such term is defined by National
Instrument 43-101 -
Standards of Disclosure for Mineral Projects
, has reviewed and approved the
technical information reported in this news release.
ON BEHALF OF THE BOARD OF DIRECTORS
'Jeffrey Stevens'
President & CEO
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 100% of the Frenchvale Graphite Property located in Nova Scotia,
Canada and owns 100% interest in the Pilgrim Islands, Matapedia and Lac Comporte quartzite silica
projects in Quebec, Canada. Argyle is engaged in a research partnership with the National Institute of
Scientific Research (INRS), a high-level research and training institute funded by the Quebec
government to conduct exploration programs on the Company's silica projects. The Company was
incorporated in 2023 and its head office is located in Calgary, Alberta, Canada.
For all other inquiries:
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
Company's planned exploration program; the execution of such exploration program in collaboration
with INRS; and the initiation of work programs generally. 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.
Such information, although considered reasonable by management at the time of preparation, may
prove to be incorrect and actual results may differ 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 only 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.
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