1844 Acquires 4 Claims with 2 Known Showings and Extend Its Position ON Native Copper Project
For Immediate Release
1844 ACQUIRES 4 CLAIMS WITH 2 KNOWN SHOWINGS AND EXTEND ITS POSITION ON
NATIVE COPPER PROJECT
Saskatoon, Saskatchewan, September 16, 2021 - 1844 RESOURCES INC. (TSX-V:EFF) (the “Company” or
“1844”) announces that it has entered into a purchase agreement (the " Agreement") to acquire a 100% undivided
interest in 4 claims on its Native Copper Project and from 9248-7792 Quebec Inc. and Prospect Or Corp (each a
“Vendor”).
Two known showings are part of the claims acquired: Fer à Cheval – 1 and Ruisseau Cantin, 1844 has also acquired
an additional 12 claims. (see Figure 1).
Showing Year Report Work Results Mineralization
Ruisseau
Cantin
1995 GM53761 Trenching TR 95-01: 0.32% Cu and
0.8 g/t Ag/40.5 m. Including
1.3% Cu and 1.4 g/t Ag/4.0 m
(channel sample length)
Fine disseminated chalcocite and some
bornite in the cement of a conglomerate
and volcanic fragments within the
conglomerate.
Fer à
Cheval-1
1995 GM56982 Trenching Tr.95-02: 0.63% Cu / 11.0m
(channel sample length)
Exposed hematized porphyritic basalt
containing chalcocite, cuprite, bornite and
malachite
As consideration for the acquisition each Vendor will receive 200,000 common shares for a total of 400,000
common shares and a 2% net smelter returns royalty, 1% of which may be retired for a one -time payment of
$500,000.
About Native Copper: 1844 Resources has 100% undivided interest in 172 claims in the Southern part of the
Gaspé Peninsula, to the North-West of the municipality of Chandler and Northeast of Port-Daniel. The project now
extends on 98sq/km and 7 known showings are part of the property.
About 1844 Resources Inc.: 1844 is an exploration company with a focus in strategic and energetic metals and
underexplored regions “Gaspé, Chibougamau Québec”. With a dedicated management team, the Company’s goal
is to create shareholder value through the discovery of new deposits.
Bernard-Olivier Martel, P. Geo, the Company's Director of Exploration, is a qualified person (as such term is
defined in National Instrument 43 -101 - Standards of Disclosure for Mineral Projects) and has reviewed and
approved the technical disclosure contained in this news release.
Press-release 21-14
1844 RESOURCES INC.
(signed) “Sylvain Laberge”
Sylvain Laberge
President and CEO
514.702.9841
Some of the statements contained in this press release are forward -looking statements and information within the
meaning of applicable securities laws. Forward-looking statements and information can be identified by the use of
words such as “expects”, “intends”, “is expected”, “potential”, “suggests” or variations of such words or phrases,
or statements that certain actions, events or results “may”, “could”, “should”, “would”, “might” or “will” be taken,
occur or be achieved. Forward -looking statements and information are not historical facts and are subject to a
number of risks and uncertainties beyond the Company’s control. Actual results and developments are likely to
differ, and may differ materially, from those expressed or implied by the forward-looking statements contained in
this news release. Accordingly, readers should not place undue reliance on forward -looking statements. The
Company undertakes no obligation to update publicly or otherwise revise any forward -looking statements, except
as may be required by law.
Neither TSX Venture Exchange nor its Regulations Services Provider (as that term is defined in policies of
the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.