Ophir Gold Corp. Files Technical Report on Radis Lithium Property, James Bay Region, Quebec
Ophir Gold Corp. Files Technical Report on
Radis Lithium Property, James Bay Region,
Quebec
Vancouver, British Columbia--(Newsfile Corp. - April 25, 2023) -
Ophir Gold Corp.
(TSXV: OPHR)
(OTCQB: KPZIF) (FSE: 80M)
("
Ophir
" or the "
Company
")
is pleased to announce it has filed a
National Instrument 43-101 ("
NI 43-101
") Technical Report on the Radis Lithium Property (the
"
Property
"). The Property is located approximately 70 km east-northeast of Wemindji and proximal to
all-season road and hydro-power line infrastructure in the James Bay Region of Quebec. The Technical
Report was prepared by Alex M. Knox, M.Sc., P.Geol., an independent Qualified Person in accordance
with NI 43-101.
The Technical Report provides a comprehensive analysis of the Property, including geological and
geophysical data and exploration potential. The Technical Report has been filed on SEDAR and is
available for review on the Company's website at
www.ophirgoldcorp.com
.
About the Company
Ophir Gold Corp. is a gold exploration company focused on the exploration and development of its
flagship property, the past producing Breccia Gold Property located in Lemhi County, Idaho. The
Company has an option to earn a 100% interest in the Property over a three-year period from Canagold
Resources Ltd. (formerly Canarc Resource Corp.) and DG Resource Management Ltd.
The Company also has an option to earn a 100% interest in the Radis Lithium Property over a three-year
period from Eastmain Resources Inc., a wholly owned subsidiary of Fury Gold Mines Limited.
On behalf of the Board of Directors
"Shawn Westcott"
Ophir Gold Corp.
For further information, please contact:
Shawn Westcott, CEO
Phone 1 (604) 365 6681
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in
policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this
release.
Cautionary Note
The information contained herein contains "forward-looking statements" within the meaning of applicable
securities legislation. Forward-looking statements relate to information that is based on assumptions of
management, forecasts of future results, and estimates of amounts not yet determinable and include
statements in this press release related to the exploration potential of the Property. Any statements that
express predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or
performance are not statements of historical fact and may be "forward-looking statements." Forward-
looking statements are subject to a variety of risks and uncertainties which could cause actual events or
results to differ from those reflected in the forward-looking statements, including, without limitation: risk
related to the failure to obtain adequate financing on a timely basis and on acceptable terms; risks
related to the outcome of legal proceedings; political and regulatory risks associated with mining and
exploration; risks related to the maintenance of stock exchange listings; risks related to environmental
regulation and liability; the potential for delays in exploration or development activities or the completion
of feasibility studies; the uncertainty of profitability; risks and uncertainties relating to the interpretation of
drill results, the geology, grade and continuity of mineral deposits; risks related to the inherent uncertainty
of production and cost estimates and the potential for unexpected costs and expenses; results of
prefeasibility and feasibility studies, and the possibility that future exploration, development or mining
results will not be consistent with the Company's expectations; risks related to commodity price
fluctuations; and other risks and uncertainties related to the Company's prospects, properties and
business detailed elsewhere in the Company's disclosure record. Should one or more of these risks and
uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary
materially from those described in forward-looking statements. Investors are cautioned against
attributing undue certainty to forward-looking statements. These forward-looking statements are made
as of the date hereof and the Company does not assume any obligation to update or revise them to
reflect new events or circumstances, except in accordance with applicable securities laws. Actual events
or results could differ materially from the Company's expectations or projections.
To view the source version of this press release, please visit
https://www.newsfilecorp.com/release/163637