Agoracom Blog Home

Archive for the ‘AGORACOM News And Events’ Category

$GR.ca Great Great Atlantic Has Completed the Final Option Payment on Its 100% Owned South Quarry Tungsten Property, Newfoundland

Posted by Er at 8:23 AM on Tuesday, February 20th, 2018

Vancouver, British Columbia (FSCwire)GREAT ATLANTIC RESOURCES CORP. (TSXV.GR) (the “Company” or “Great Atlantic”) is pleased to announce it has made the final option payment for its South Quarry Tungsten Property, located in east-central Newfoundland. The property hosts tungsten mineralization in multiple areas, including high grade veins. Multiple grab samples collected by Great Atlantic in 2015 exceeded 5% WO3 (W% x 1.26 = WO3%) (News Release of November 19, 2015).

 

Tungsten Bearing Pegmatite Veins at South Quarry

To view the graphic in its original size, please click here

Tungsten bearing pegmatite veins occur in the northern region of the property including at a quarry referred to as the South Quarry and an adjacent smaller quarry. Great Atlantic confirmed high grade tungsten mineralization (scheelite) in veins in rubble and bedrock at these quarries during 2015 (News Release of November 19, 2015). Eleven rubble grab samples exceeded 5% WO3 (W % x 1.26 equals WO3%). A 20 cm long channel sample along a 15cm wide vein in the small quarry returned 2.96% WO3 while a grab sample from a 0.25 meter wide vein in the South Quarry returned 11.94% WO3. A qualified person verified this sample data. The qualified person supervised the 2015 sampling and verified the sample data. The samples (and lab-inserted blank, duplicate and standard samples) were analyzed at ALS Minerals in Sudbury, Ontario (ALS Minerals is independent of Great Atlantic Resources). Tungsten analysis was by lithium metaborate fusion followed by acid dissolution and ICP-MS analysis with some samples re-analyzed by XRF.

 

Scheelite – bearing vein cutting metasediment rubble

To view the graphic in its original size, please click here

Tungsten mineralization is reported in the southern region of the property, reported in narrow (<1m) calc-silicate horizons (source: Newfoundland and Labrador Dept. of Natural Resources Mineral Assessment Reports). A qualified person has not verified this mineralization.

 

Great Atlantic is planning work in 2018, to be focused in the area of the South Quarry and adjacent small quarry. Additional sampling of veins is planned to provide data on tungsten grade and distribution of tungsten bearing veins. The company will apply for diamond drilling and stripping permits for this area. Pending results of this work, the company is considering metallurgical studies including ore sorting technologies. The company is also planning diamond drilling further north of these quarries where 2016 trenching exposed tungsten bearing veins. The Company has received a permit to drill five holes in this area.

The South Quarry Property covers an area of 3,600 hectares. Access to the property is excellent with a paved road transecting the property.

Christopher R. Anderson, President, stated “Mr. Martin and Myself were an integral part of the initial Management team that advanced the Sisson Tungsten-Molybdenum Project in New Brunswick, an advanced stage project currently operated by Northcliff Resources Ltd.   We understand the tungsten market and feel that the South Quarry Tungsten Property, although early stage, has the ear marks of being a significant asset for the company.  Currently Great Atlantic has two Joint Venture partners and we would be happy to welcome a third to assist in advancing the South Quarry Tungsten Project.”

David Martin, P.Geo., a Qualified Person as defined by NI 43-101 and VP Exploration for Great Atlantic, is responsible for the technical information contained in this News Release.

 

About Great Atlantic Resources Corp.: Great Atlantic Resources Corp. is a Canadian exploration company focused on the discovery and development of mineral assets in the resource-rich and sovereign risk-free realm of Atlantic Canada, one of the number one mining regions of the world. Great Atlantic is currently surging forward building the company utilizing a Project Generation model, with a special focus on the most critical elements on the planet that are prominent in Atlantic Canada, Antimony, Tungsten and Gold.

 

 

 

On Behalf of the board of directors

“ Christopher R Anderson ”

Mr. Christopher R Anderson “ Always be positive, strive for solutions, and never give up ”

President CEO Director

604-488-3900

 

FEATURE: 2018, The Year of Northern Sphere $NSM.ca #FCE.tsx

Posted by Er at 11:23 AM on Friday, February 16th, 2018

       2018: The Year of Northern Sphere

BLOCKCHAIN DEVELOPMENT, ARTIFICIAL INTELLIGENCE (AI) GENERATED DRILL TARGETS, ELEVATED SILVER, COPPER, ZINC, MOLYBDENUM, MANGANESE, COBALT & NICKEL are several terms to highlight the success of Northern Sphere Mining Corp (CSE: NSM, OTCQ : NSMCF) through 2017.

NSM holds world class exploration properties in Sudbury’s Nickel District and within Arizona’s Porphyry Copper District. Recent reports of visible gold, high concentrations of copper, zinc, cobalt, vanadium, and manganese is setting Northern Sphere up to become the best of the high-quality juniors.  By incorporating Artificial Intelligence (AI) in conjunction with its ongoing Geochemical Survey, Hyper-spectral Imaging, 3D Geophysics (magnetic re-inversion), Northern Sphere is uniquely poised to usher in the future of the mining/exploration industry.

Using Artificial Intelligence to Identify Future Drill Targets

Artificial intelligence (AI) use is gaining traction within the mining industry. In 2017 NSM began utilizing machine learning algorithms in conjunction with “state of the art” exploration software to assist with target optimization at both its’ Arizona Copper and Scadding Gold properties.

Ontario Exploration

 

Scadding Underground Model & Workings

Scadding Gold Project, located within the Sudbury’s Nickel District, possesses untapped potential highlighted during Northern Sphere’s 2017 exploration program. The 40,000-acre property is relatively unexplored at depth.

In 2017, Northern Sphere underwent a modest but highly focused diamond drilling program completing six diamond drill holes. Highlights of the drilling was a intercept grading 13.3 grams gold over 10.5 m containing visible gold (VG) located 100 me below a previously reported drill intercept containing 12.9 grams gold over 19.2 m.

Prior to 2017, mining and exploration results on the company’s property included numerous gold and copper showings including; the historic Alwyn-Porcupine Mine, East Red Rock Occurrence, the Glade Occurrence, and Tecumseh showing.

NSM is currently receiving assistance from Laurentian University of Sudbury to better understand the geochemical signature noted during its’ 2017 results. Elevated levels of Vanadium, Barium, Molybdenum, Nickel, Cobalt, and Manganese within the host sediments, provide intrigue new potential for future discoveries on the property.

 

 

Arizona Exploration

Northern Sphere Mining’s Arizona land package has an excellent geologic address. Located 15 km from Freeport McMoRan’s Open Pit Copper Operations and within Arizona’s Porphyry Copper Mining District, the 4800-acre property contains multiple historic underground silver mines, large scale, near surface, silver-gold prospects, and more recently as evidenced by geochemical soil surveying, extremely encouraging multi element anomalies.

 

In 2017 Northern Sphere underwent a geochemical soil survey demonstrating outstanding geochemical soil results over the entire area.  Results included elevated values of copper, zinc, manganese, silver, molybdenum, and cobalt, leading the company to believe that there is very prospective targets just beneath the soils. With new drill targets being optimized, aided by Artificial Intelligence and “cutting edge” technologies, the company is ready to reveal Arizona’s next porphyry mine.

 

Incorporating Blockchain into the Mining Industry

NSM is currently working to develop blockchain models that will revolutionize the industry for mining and exploration companies.. This forward-thinking will allow NSM to enjoy the benefits of blockchain technology while still focusing on exploration bringing increased value to its’ Investors.

Future

Northern Sphere has plans to undertake strategic diamond drilling at both its’ Ontario and Arizona in 2018 to further investigate numerous targets generated by “AI” algorithms that incorporated geochemical, geophysical, hyper-spectral imaging, digital geologic modeling and previous diamond drilling data.

Northern Sphere Mining Corp has its’ sights on being the best of the high-quality juniors in the mining industry.

John Carter, Chief Executive Office

Northern Sphere Mining

905 302 3843

$GRAT.ca Gratomic to create blockchain for Graphene

Posted by Er at 10:42 AM on Tuesday, January 30th, 2018

 

 

  • LOI with strategic partner to create graphene based Blockchain ecosystem
  • New ecosystem to facilitate distribution and sale graphite produced from its Aukam mine in Namibia.
  • Once design of the ecosystem is complete, the two parties will form a 50/50 joint venture
  • Gratomic’s strategic partner is well experienced in the Blockchain technology and cryptocurrency fields

 

Gratomic Inc. has entered into a letter of intent with a strategic partner to establish, finance, design, develop, market and create an ecosystem for producers and users of graphene in all parts of the graphene food chain based on blockchain technology. This new ecosystem will facilitate distribution and sale of the Company’s graphene products being manufactured from graphite produced from its Aukam project in Namibia.

Once the strategic partner has completed its design of the ecosystem, the two parties will form a 50/50 joint venture and respectively fund the development of the blockchain until fully commercialized. Consummation of a joint venture agreement is subject to the execution of a definitive agreement by June 30, 2018.

Gratomic’s strategic partner is well experienced in the blockchain technology and cryptocurrency fields having recently been involved with creating a token for online gaming, as well as providing structural, technical, and strategic advice for other entities within the mining industry.

Gratomic’s Co-CEO Sheldon Inwentash stated, “With this development, Gratomic will gain benefit through association with a team experienced in operating a diversified business based on blockchain technology which could ultimately increase shareholder value.”

About Gratomic Inc.

Gratomic Inc. is an advanced materials company focused on mine to market commercialization of graphite products most notably high value graphene based components for a range of mass market products. We are collaborating with a leading European manufacturer of graphenes to use Aukam graphite to manufacture graphene products for commercialization on an industrial scale. The Company is listed on the TSX Venture Exchange under the symbol GRAT.

 

$AAO.ca Augusta to Implement Blockchain Technology $DYA.ca $PHO.ca

Posted by Er at 8:23 AM on Thursday, January 25th, 2018

  • Capability to transfer any digital data between multiple participants in a secure and auditable fashion
  • Critical to  FOX-TEK Canada Inc.’s  expansion of its’ non-intrusive technology in the oil & gas industry
  • Platform will implement a distributed blockchain ledger using smart contracts, these smart contracts provide customization of blockchain data

 

Toronto, Ontario–(Newsfile Corp. – January 25, 2018) – Augusta Industries Inc. (TSXV: AAO) (the “Company”) is pleased to announce the creation of a wholly owned subsidiary to commence the process of implementing Blockchain technology. Blockchain serves as the next technological revolution for storing and sharing distributed data from multiple input sources. This will provide the Company with the capability to transfer any digital data between multiple participants in a secure and auditable fashion. This is of critical importance to our wholly owned subsidiary, FOX-TEK Canada Inc. (“FOX-TEK”), continued expansion of its’ non-intrusive technology in the oil & gas industry, whose clients include many of the biggest companies in the world. FOX-TEK believes a common system of record connecting data collected for events is of paramount importance to clients.

The Company will create a platform that will allow for the analysis of data that incorporates an auditing system built for regulatory and quality assurance oversight. The platform will implement a distributed blockchain ledger using smart contracts. These smart contracts provide customization of blockchain data.

Upon completion, the Company intends to invite other technology companies to participate and utilize its’ blockchain. These companies will be involved in industries serving pipeline operations, integrity, maintenance and construction, as well as, Federal, Provincial and State regulators. By participating in the Company’s Blockchain, these entities will have access to surveillance, auditing, integrity, transparent data in cases of breaches in corrosion or leaks or cracks.

FOX-TEK will naturally be the first service provider to participate. DMAT servers currently hosts DMAT client at 15 GB live running DMAT web server : 5GB live and DMAT raw data :15 GB.

Allen Lone, President, CEO, Augusta Industries stated “Our subsidiaries provide vital services to some of the biggest energy companies and government agencies in the world. Data is a vital part of many of these services, so providing a decentralized and distributed Blockchain solution that provides our clients, regulators and the industry with the best analysis and auditing tools possible will be invaluable.”

This press release is available on the company’s CEO Verified Discussion Forum (https://agoracom.com/ir/AugustaindustriesInc/forums/discussion), a moderated social media platform that enables civilized discussion and Q&A between Management and Shareholders.

About the Corporation:

Through its wholly owned subsidiaries, Marcon International Inc. (“Marcon”) and FOX-TEK, the Corporation provides a variety of services and products to a number of clients.

Marcon is an industrial supply contractor servicing the energy sector and a number of US Government entities. Marcon’s principal business is the sale and distribution of industrial parts and equipment.

FOX-TEK provides world leading solutions to various sectors including the oil and gas industry. With non- intrusive technologies including: fiber optic sensors and electric field mapping systems; FOX-TEK is able to accurately measure changes that could negatively impact our client’s operations.

Corporation contact:

Allen Lone, President, CEO, Augusta Industries Inc.

Tel: (905) 275-8111 Ext 226, email: atlone@fox-tek.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

$GLI.ca Glacier Lake Signs Drilling Contract for Silver Vista $GTT.ca $JAX.ca

Posted by Er at 11:20 AM on Wednesday, January 24th, 2018

 

  • Drilling to focus at “MR”, a clastic sediment-hosted, fine grained, disseminated copper silver zone
  • Initial program up to 2,500 metres of drilling in a silver-in-soil anomaly 1.5 by 2.0 kilometers in size
  • Drilling 1992 identified a semi-continuous zone 300m long by 50m wide by 3 to 150 metres deep
  • Drilling to commence in February

 

Glacier Lake Resources Inc. (TSXV:GLI) – (“Glacier” or the “Company”) has signed a contract with Titan Diamond Drilling Ltd. of Smithers, B.C. to undertake 1,500 to 2,500 metres of diamond drilling at the Silver Vista project, northeast of Smithers.  Titan is gearing up to mobilize onto the property in early February to commence the program.

 

The initial drill program will concentrate on the main “MR” showing, a clastic sediment-hosted, fine grained, disseminated copper silver zone.  Historic exploration includes soil geochemistry, trenching and diamond drilling in an area of limited outcrop exposure:

 

  • 2009 and 2012 soil geochemistry outlined a silver-in-soil anomaly approximately 1.5 by 2.0 kilometers around the MR prospect area.
  • Six 1991 excavator trenches highlighted an area 100 metres long by 17 metres wide, with three of the trenches intersecting mineralized bedrock: trench 2 – 10.5 metres at 0.22% Cu and 38 gpt Ag, trench 3 – 16.5 metres at 0.53% Cu and 74 gpt Ag and trench 4 – 15 metres at 0.53% Cu and 28 gpt Ag.
  • Drilling in 1991 and 1992 consisted of fourteen drill holes totaling 1,252.5 metres and identified a semi-continuous zone 300 metres long by 50 metres wide by 3 to 150 metres deep with two of the holes ending in mineralization. Key intercepts include: MR91-01 – 32.87 metres at 0.19% Cu and 34.8 gpt Ag, MR91-03 – 61.91 metres at 0.11% Cu and 40.5 gpt Ag, MR91-04 – 25.9 metres at 0.08% Cu and 62.6 gpt Ag and MR92-02 – 36.58 metres at 0.49% Cu and 26.8 gpt Ag, including 2.84 metres of 3.65% Cu and 195.7 g/t Ag.  MR92-02 represents the only deep hole to test this zone, and is a primary drill target for follow-up

 

Glacier Lake Resources Inc. cautions investors the Company has yet to verify the Equity exploration date. Data verification is one of the primary objectives of this drilling program. Further details and sources of information can be found in the Silver Vista 43-101 report on the property located under the Company’s SEDAR profile and on the Company’s website.

 

“The company has been diligently preparing for our initial program since we signed the Option Agreement early in 2017. Now, with our recently announced and over-subscribed financing closed, we’re excited about the drilling campaign on our Silver Vista project. The initial drill campaign is expected to be a phase one, of several as we explore and test other targets as our project was fully permitted in 2017.”

 

The Mines Act Permit (MX-1-987) allows for up to 40 drill sites, 10,000 meters of drilling and 10 trench/pit sites, over a 5 (five) year period.  The diamond drilling will initially twin some of the 1991 and 1992 holes to confirm the earlier results and extend the mineralization as a number of the holes ended in mineralization. A review of the drilling suggests the geology of the zone is more complicated than previously thought, requiring a tighter drilling pattern in the immediate area of the discovery holes. Some of the drilling will also be directed to test the zone at depth and along strike.

 

The Company also announces that it has reached an agreement with Amarc Resources Ltd., to utilize assessment credits totaling $13,821 on its Silver Vista project, in consideration for the issuance of 70,000 common shares to Amarc.  The issuance of the shares remains subject to the approval of the TSX Venture Exchange.  Upon issuance, the shares will be subject to a four-month-and-one-day statutory hold period.

 

For additional information please feel free to contact:

 

Saf Dhillon
President/CEO
Glacier Lake Resources Inc.
Tel: 866-687-7059
Dir: 604-688-2922
saf@glacierlake.ca

 

Please visit our Website at: www.glacierlake.ca

$AAO.ca Augusta Successfully Completes Proof-of-Concept Contract

Posted by Er at 10:17 AM on Wednesday, January 10th, 2018

  • Successfully completed a proof-of-concept test using the FIBOS Fiber Bragg Grating Technology
  • Contract consisted of FIBOS engineers bonding a number of optical strain sensors to a test jig
  • FOX-TEK$a company, is able to meet new demands and, to be able to provide solutions in new areas—such as the nuclear sector.

“The success of the proof-of-concept test clearly demonstrates the ability of the Corporation to address the continuing changing needs of its clients,” commented Allen Lone, President and CEO of the Corporation. “The Corporation is continuously pursuing opportunities in previously untapped markets and services.”

About the Corporation

Through its wholly owned subsidiaries, Marcon International Inc. (“Marcon”) and Fox-Tek Canada Inc. (“Fox-Tek”), the Corporation provides a variety of services and products to a number of clients.

Marcon is an industrial supply contractor servicing the energy sector and a number of US Government entities. Marcon’s principal business is the sale and distribution of industrial parts and equipment.

Fox-Tek provides world leading solutions to various sectors including the oil and gas industry. With non-intrusive technologies including fiber-optic sensors and electric field mapping systems, Fox-Tek is able to accurately measure changes that could negatively impact our client’s operations.

Corporation contact:

Allen Lone, President and C.E.O.
Tel: 905.275.8111, Ext. 226, email: atlone@fox-tek.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

GGX Gold Extends Drilling Targets 600 Meters

Posted by Er at 6:26 AM on Wednesday, January 10th, 2018

 

https://s3.amazonaws.com/s3.agoracom.com/public/companies/logos/564602/hub/ggx_large.png

    • Soil sample analytical results from the 2017 fall program on the Gold Drop Property
    • Conducted in the  Southwest Zone between the COD gold showing and the COD North gold showing and north of the gold bearing Everest vein
    • A total of 334 soil samples were collected along 31 soil lines. These lines were spaced 25m apart

 

Gold Drop Property, Greenwood British Columbia

Vancouver, British Columbia (FSCwire)GGX Gold Corp. (TSXV: GGX) (the “Company” or “GGX”) is pleased to announce the receipt of soil sample analytical results from the 2017 fall program on the Gold Drop Property, located in southern British Columbia. The soil sampling geochemical program was conducted in the Gold Drop Southwest Zone between the COD gold showing and the COD North gold showing and north of the gold bearing Everest vein. The program identified gold soil anomalies including high values of 0.061, 0.073 and 0.088 ppm gold.

 

To view the graphic in its original size, please click here

 

A total of 334 soil samples were collected during the program and submitted to ALS Minerals in North Vancouver for gold and multi-element analysis. The samples were screened to 180 micron. Gold analysis was by aqua regia extraction with ICP-MS finish. Multi-element analysis was by aqua regia extraction and ICP-MS and ICP-AES. Soil samples were collected along 31 soil lines. These lines were spaced 25m apart with a 25m sample interval. The soil lines were of varying lengths but on average 250m long.

 

The soil sampling program identified several soil gold anomalies in the Southwest Zone, including numerous samples exceeding 0.01 ppm Au (including high values of 0.061, 0.073 and 0.088 ppm Au). The most distinct anomaly or anomalies is in the COD North area, where anomalous values are concentrated between two historical workings. The soil sampling program extended the target area for at least 600 meters northeast of the area of 2017 drilling and trenching. The Company is planning follow up work in this area in 2018 including a trenching program. The program also identified other gold anomalies near the new COD adit and northeast of the COD trenches.

 

The soil sampling program in the Gold Drop Southwest Zone helped identify a new vein exposure in a small, 2 meter deep historic adit 175 meters north of the C.O.D. trench. The adit is driven on a North-south striking quartz vein that is on strike with the C.O.D. Vein, and appears to be of the same style as the Detonia/Jewel quartz vein. Another vein exposure north of the trench was also located by hand pitting on local quartz float. Bedrock quartz samples from the small hand pit material returned values of 4.97 g/t Au and 30.7 g/t Ag. Samples of boulder material found outside of the small adit returned values of 1.28 g/t Au and 6.97 g/t Ag. (News Release of Nov 8, 2017).

 

To view the graphic in its original size, please click here

 

To view the graphic in its original size, please click here

 

David Martin, P.Geo., a Qualified Person as defined by NI 43-101 and consultant for GGX, is responsible for the technical information contained in this News Release.

 

On Behalf of the Board of Directors,

Barry Brown, Director

604-488-3900

 

Investor Relations:

Mr.  Jack Singh: 604-720-6598     E-mail: ir@ggxgold.com

 

“ We don’t have to do this, we get to do this ” 

The Crew

$GRAT.ca CKR Carbon Announces Name Change to Gratomic Inc. and Appointment of New Directors

Posted by Er at 9:25 AM on Thursday, December 21st, 2017
  • TSX Venture Exchange has approved the change of name of the Company to “Gratomic Inc.
  • Gratomic refers to the one layer thick micro graphite the Company plans to produce to replace carbon black in tires.
  • Effective Friday, December 22, 2017 under the new symbol “GRAT

CKR Carbon Corporation (“CKR” or the “Company”) (TSX VENTURE:CKR)(FRANKFURT:CB81) (WKN:A143MR) is pleased to announce that the TSX Venture Exchange has approved the change of name of the Company from “CKR Carbon Corporation” to “Gratomic Inc.“. The change of name will become effective at the opening of the market on Friday, December 22, 2017 under the new symbol “GRAT“. The CUSIP number assigned to the Company’s shares following the name change is 38900X108. Gratomic refers to the one layer thick aka atomic scale technology or Graphenes/micro graphite the Company plans to produce to replace carbon black in tires.

The Company is also pleased to announce that Mr. Daniel Bloch has been appointed a director of the Company to fill the vacancy created by the resignation of Ian Flint and Mr. Denis Laviolette has joined the Board of Directors. Mr. Flint will continue to act as a technical advisor to the Company and has been appointed to the Company’s Advisory Board. Messrs. Bloch and Laviolette join Sheldon Inwentash, Arno Brand, Luisa Moreno and Bernie Stannus on the Board of Directors of the Company.

Sheldon Inwentash, Executive Chairman and Co-CEO of the Company stated: “I would like to welcome Daniel and Denis to the Board of Directors as we embark upon this new stage in the evolution of the Company. The change of name to Gratomic better reflects the fact that the business of the Company is evolving from exploration, mining and processing of graphite to mining, processing and refining of graphite.”

Daniel Bloch is a member of the Law Society of Upper Canada for 18 years as well as being registered as a Foreign Lawyer with the Israeli Bar Association. Daniel’s practice is global in nature and focuses on domestic and international matters in all areas of corporate finance, mergers and acquisitions, joint ventures, private equity and securities law. Daniel has advised on joint ventures and partnership structures in over 20 countries. Daniel regularly travels to South Africa, Europe and North America, where he has lectured on matters relating to financing structures for international joint ventures and the financing of oil and gas exploration projects. Most recently, he has been involved with the representation of a leading Israeli Pension Fund’s investment in an offshore vehicle, the negotiation of Chinese Sino Foreign Joint Ventures, formation of a Namibian offshore oil exploration company, an Israeli offshore gas exploration company and the financing of a multinational gas exploration company. Daniel’s extensive global energy and negotiation experience enables him to manage complex commercial relationships. In addition to his international commercial practice, Daniel regularly represents and provides general corporate and securities law advice to publicly and privately held entities ranging in size from start up to those with established multi-national operations. He has counselled on transactions in excess of $3 billion in various industry sectors, including natural resources and technology. Daniel has served as a both an officer and director of Canadian and U.S. publicly listed companies and is a member of the Association of International Petroleum Negotiators.

Denis Laviolette brings more than a decade of experience as an exploration geologist and mining professional, having worked on three different continents. During his time in Northern Ontario (Timmins, Kirkland Lake and Red Lake), Norway and Ghana, he took on a diverse array of tasks, including advanced mine operations, start-up mine management, QA/QC, grass roots exploration, and financing and acquisitions.

Denis has also worked as Senior Investment Analyst with Pinetree Capital Ltd. (“Pinetree”) in Toronto and now serves as Vice President of Resource Investments for ThreeD Capital, and Palisade Global. His responsibilities include market/portfolio analysis, appraising and vetting assets on a technical basis, providing valuation estimates, and reviewing corporate financial statements and technical reports.

Denis is currently President of Newfound Gold Corp., President/CEO of Goldspot Discoveries Inc., and a director of Xtra-Gold Resources Corp, Northern Sphere Mining Corp. and Tartisan Resources Corp. He received his B.Sc, Earth Science (Geology) from Brock University.

The appointments of Messrs. Bloch and Laviolette are subject to the approval of the TSX Venture Exchange.

About CKR Carbon Corporation

CKR Carbon Corporation is an advanced materials company focused on mine to market commercialization of graphite products most notably high value graphene based components for a range of mass market products. We are collaborating with a leading European manufacturer of graphenes to use Aukam graphite to manufacture graphene products for commercialization on an industrial scale. The Company is listed on the TSX Venture Exchange under the symbol CKR.

For more information: visit the website at www.ckr-carbon.com.

“Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.”

FORWARD LOOKING STATEMENTS:This news release contains forward-looking statements, which relate to future events or future performance and reflect management’s current expectations and assumptions. Such forward-looking statements reflect management’s current beliefs and are based on assumptions made by and information currently available to the Company. Investors are cautioned that these forward looking statements are neither promises nor guarantees, and are subject to risks and uncertainties that may cause future results to differ materially from those expected. These forward-looking statements are made as of the date hereof and, except as required under applicable securities legislation, the Company does not assume any obligation to update or revise them to reflect new events or circumstances. All of the forward-looking statements made in this press release are qualified by these cautionary statements and by those made in our filings with SEDAR in Canada (available at www.sedar.com).

CKR Carbon Corporation
Arno Brand
Co-CEO
+1 416-561-4095
abrand@ckr-carbon.com
www.ckr-carbon.com

$SX.ca St-Georges Announces Kings Of The North Entered Into Option To Acquire Winterhouse Project And Arranged $2,000,000 Debenture Offering

Posted by Er at 12:59 PM on Monday, December 18th, 2017

  • Wholly owned subsidiary entered into an option agreement to acquire a 100% of the Winter House project.
  • On exercise of the Option, KOTN will have 18,000,000 Shares outstanding, of which St-Georges will hold 67%

 

St-Georges Platinum & Base Metals Ltd. (CSE: SX) (OTC: SXOOF) (FSE: 85G1) is pleased to announce that its wholly owned subsidiary, Kings of the North Corp., entered into an option agreement to acquire a 100% interest in the Winter House project.

King of the North Corp also announces that it has arranged a non-brokered private placement offering (the “Offering”) of unsecured debentures (the “Debentures”) for aggregate maximum gross proceeds of $2,000,000, to be used for working capital and general corporate purposes. The Debentures will have an 18-month maturity date and pay interest at the rate of 10% per annum, calculated quarterly in arrears. Upon the occurrence of a liquidity event in Kings of the North Corp. (a “Liquidity Event”) before the Maturity Date, the Debentures’ aggregate principal amount plus accrued and unpaid interest may be converted at the holder’s option into common shares of Kings of the North Corp. (each a “KOTN Share”) at a deemed conversion price equal to 25% of the liquidity event pricing, subject to a minimum initial issuance of $0.20 per Share and regulatory approval.

Winter House Option

In consideration for the 100% interest in the Property, KOTN will issue an aggregate of 6,000,000 Shares, assume $140,000 in current and on-going exploration expenses and grant a 3.5% net smelter return royalty on the Property.

On exercise of the Option, KOTN will have 18,000,000 Shares outstanding, of which St-Georges will hold 67%.

About the Winter House Project

The Winter House Project consists of 63 map-designated cells covering a surface area of 3,290 hectares (approximately 33 sq. km) and is located approximately 95 kilometres west of the town of Fermont, on the Quebec North Shore.

The Winter House project is part of the Superior geological province and is mainly composed of volcano-sedimentary rock assemblages of the Courcy and Soulard formations in contact with tonalites of the eastern Opatica Subprovince. Winter House is adjacent to the eastern border of Stelmine Canada’s Courcy project, which exposed gold mineralized zones, grading up to 24.8 g/t Au in grab samples (see Stelmine Canada PR dated October 17 of 2017) and up to 167 g/t Au over 0.5 metres in channel samples and up to 4.27 g/t Au over 42 m, including 12.15 g/t Au over 13.5 m in drill samples (Source SIGEOM: GM61872 and GM 62834).

Based on historical work, the Winter House project shows strong electromagnetic anomalies detected by a MAG-AeroTEM (magnetics and electromagnetics) airborne geophysical survey performed in 2008. These anomalies extend over a few kilometres and could represent potential targets for gold. During the summer of 2017, a follow-up reconnaissance program on the ground allowed the vendors to collect a total of 123 bedrock (surface) grab samples on these geophysical anomalies. These samples have been submitted for analyses for gold and a package of multi-elements. The results from these analyses are pending and will be released as soon as all results are received and compiled.

Related Party Transaction

A portion of the Option constitutes a “related party transaction” as set out in Multilateral Instrument 61-101, Protection of Minority Shareholders in Special Transactions (“MI 61-101”), as Francois (Frank) Dumas and Neha Edah Tally, both officers of St-Georges, will be issued under the Option respectively 1,280,000 and 120,000 Shares. The transaction is exempt from the formal valuation and minority shareholder approval requirements under MI 61-101 as neither the fair market value of any securities issued to or the consideration paid by such persons exceeds 25% of the Company’s market capitalization. The Company did not file a material change report more than 21 days before the closing of the Option as it wished to close on an expedited basis for sound business reasons.

Alain Berclaz, P.Geo, a consultant to St-Georges and a Qualified Person under the definition of Canadian National Instrument 43-101, has approved the technical information in this news release.

ON BEHALF OF THE BOARD OF DIRECTORS

“Mark Billings”

MARK BILLINGS, PRESIDENT & CEO OF KINGS OF THE NORTH, CHAIRMAN AND DIRECTOR OF ST-GEORGES PLATINUM LTD.

About St-Georges

St-Georges is developing new technologies to solve the some of the most common environmental problems in the mining industry.

The Company controls directly or indirectly, through rights of first refusal, all of the active mineral tenures in Iceland. It also explores for nickel on the Julie Nickel Project & for industrial minerals on Quebec’s North Shore and for lithium and rare metals in Northern Quebec and in the Abitibi region. Headquartered in Montreal, St-Georges’ stock is listed on the CSE under the symbol SX, on the US OTC under the Symbol SXOOF and on the Frankfurt Stock Exchange under the symbol 85G1. For additional information, please visit our website at www.stgeorgesplatinum.com

$GLI.ca Glacier Lake Acquires Silver Star Property $GTT.ca $JAX.ca

Posted by Er at 9:37 AM on Monday, December 4th, 2017

 

  • Signed a definitive agreement to acquire the Silver Star property, 72km S/E of Houston
  • Property represents a strategic acquisition in an emerging exploration area.

 

Glacier Lake Resources Inc. (TSXV:GLI) (“Glacier” or the “Company”) has signed a definitive agreement with an arm’s-length vendor to acquire the Silver Star property, located approximately 72 kilometers southeast of Houston B.C.

Historic exploration work in 2015 discovered a surface mineral showing where a grab sample of malachite and azurite stained siliceous andesite returned a value of 317 grams per tonne silver (g/t) Ag or 9.15 ounces silver per ton and 0.39% copper, with anomalous lead (0.80 % Pb) and zinc (0.08% Zn). The sample was not assayed for gold. Investors are cautioned grab samples are selective samples and are not necessarily representative of the mineralization hosted on the property. Investors should also note Glacier Lake has not verified the data. There is no record of prior or subsequent historic exploration on the Silver Star property.

“The Silver Star property represents a further strategic acquisition in an emerging exploration area of central British Columbia, energized by the exploration success of New Nadina on the Silver Queen property. Acquiring a project with significant silver values in prospective geology in an attractive structural setting with only limited exploration history serves as a focal point for further discoveries” stated Saf Dhillon, Glacier Lake’s president and chief executive officer. “With excellent road access, exploration activities can continue on the property year-round.”

The Silver Star property is underlain by Cretaceous Kasalka group andesitic volcanics and Middle Jurassic Bowser Lake group clastic sediments. A Geological Survey of Canada (GSC) 1992 structural study shows the Silver Star property is located within bounding NW-SE regional fault structures that extend south from the Equity Silver Mine, where historic production of 33.8 million tonnes grading 0.4 per cent copper, 64.9 grams per tonne silver and 0.46 gram per tonne gold was recorded between 1990 and 1994. Glacier Lake has not verified the historic Equity Silver Mine production and further cautions investors the mineralization at Equity Silver is not necessarily indicative of mineralization at Silver Star.

The 1992 GSC structural study indicates the Silver Star property straddles the junction of the western portion of the Cheslatta Caldera Complex, the northern portion of the Quanchus Caldera, and the south-eastern extension of the Buck Creek Caldera (host of the Equity Silver Mine). Glacier Lake feels the interpretation of multiple caldera features with associated silver values at the Silver Star property has similarities with the caldera hosted New Nadina Explorations Silver Queen vein system located 42 kilometres to the northwest.

The newly discovered mineral showing consists of mini-quartz stockworks, brecciation and quartz/ chalcedony alteration. Prospecting in 2015 focused on a highly siliceous gossanous andesite outcrop with azurite/malachite oxidation and possible tetrahedrite. Other samples in the general area reported moderate Fe stained chalcedonic veining with a smoky matrix. A second grab sample in the discovery outcrop area returned 42.7 g/t Ag, 310 parts per million (ppm) Cu. 563 ppm Pb, and 585 ppm Zn.

In consideration for the property, Glacier Lake will issue one million common shares. Completion of the acquisition is subject to the approval of the TSX Venture Exchange. All common shares issued will be subject to a four-month-and-one-day statutory hold period.

The technical content of this news release has been reviewed and approved by R. Tim Henneberry, P.Geo., a member of the Glacier Lake Advisory Board and a qualified person as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects.

FOR ADDITIONAL INFORMATION PLEASE CONTACT:

Saf Dhillon
President & CEO
Glacier Lake Resources Inc.
Tel: 866-687-7059
Dir: 604-688-2922
saf@glacierlake.ca

Please visit our Website at: www.glacierlake.ca