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‘New normal’ of geopolitical risk likely to boost #gold prices in coming years, Citi $C forecasts $AMK.ca $EXS.ca $GGX.ca $GR.ca $MQR.ca

Posted by AGORACOM-JC at 12:09 PM on Monday, November 20th, 2017
  • The geopolitical case for gold investment has been emboldened in recent months and it seems as strong today than at any point over the last four decades, Citi analysts said
  • Investors tend to move into safe-haven assets such as gold, the Swiss franc and the Japanese yen in times of geopolitical turmoil
  • Elections and political votes, military attacks and macroeconomic crises were recognized by Citi as some of the key geopolitical events likely to influence investment into gold

Jeffrey Coolidge | Getty Images

Gold prices are likely to be buoyed by the “new normal” of elevated geopolitical tensions over the coming years, Citi analysts said Monday.

The geopolitical case for gold investment has been emboldened in recent months and it seems as strong today than at any point over the last four decades, Citi analysts said. As a result, gold prices were forecast to “push north of $1,400 per ounce for sustained periods” through to 2020.

Elections and political votes, military attacks and macroeconomic crises were recognized by Citi as some of the key geopolitical events likely to influence investment into gold. And while analysts said there was not a consistent pattern for gold price performance amid such times of global uncertainty, prices were seen to have rallied more frequently during these periods.

Investors tend to move into safe-haven assets such as gold, the Swiss franc and the Japanese yen in times of geopolitical turmoil as traditional assets such as stocks and bonds are often perceived as a more volatile investment.

‘Huge downside risk’

“Event-driven bids for gold seem to be occurring more frequently and may be the new normal… In short, even as the rates and forex channel dominate the outlook for gold pricing, the yellow metal is increasingly being used by investors as a policy and tail risk hedge,” Citi said.

Citi projected gold prices are on track to notch levels of $1,270 per ounce by the end of 2018, before climbing to around $1,350 per ounce and $1,370 per ounce over the next two calendar years.

“Philosophically everyone wants gold, it should always be safe but there is huge downside risk,” Nandini Ramakrishnan, global markets strategist at JPMorgan, told CNBC Monday.

Ramakrishnan said gold prices had witnessed “massive moves akin to the equity market,” before adding that investors should treat the commodity with caution.

Gold is highly sensitive to U.S. interest rate hikes, as such moves increase the opportunity cost of holding non-yielding bullion, while supporting the dollar — in which the commodity is priced.

Spot gold edged 0.2 percent lower to $1,290 per ounce on Monday morning. The yellow metal is up 12 percent since the start of the year.

Sam MeredithDigital Reporter, CNBC.com
Source: https://www.cnbc.com/2017/11/20/new-normal-of-geopolitical-risk-likely-to-boost-gold-prices-in-coming-years-citi-forecasts.html

HPQ Silicon $HPQ.ca Announces Equity Financing to Advance PUREVAP(TM) Testing and Commencement of Pilot Plant Equipment Build Out $FSLR $SPWR $CSIQ $NEP

Posted by AGORACOM-JC at 3:53 PM on Tuesday, November 14th, 2017

Hpq large

  • Proceeding with a non-brokered equity financing to support the advancement of its ongoing PUREVAP™ Quartz Reduction project
  • Current round of funds are targeted at advancing Gen2 testing and commencement of the Pilot Plant Equipment build out

MONTREAL, QUEBEC–(Nov. 14, 2017) – HPQ Silicon Resources Inc (“HPQ”) (TSX VENTURE:HPQ)(FRANKFURT:UGE)(OTC PINK:URAGF) is pleased to inform shareholders that it is proceeding with a non-brokered equity financing to support the advancement of its ongoing PUREVAP™ Quartz Reduction project. The current round of funds are targeted at advancing Gen2 testing and commencement of the Pilot Plant Equipment build out.

Bernard Tourillon, Chairman and CEO of HPQ Silicon stated: “This round of funding will provide HPQ-Silicon with the resources and flexibility to continue the advancement of the Gen2 testing and Pilot Plant Equipment project with PyroGenesis. After this round, the remaining capital expenditure to complete the entire project, including running the Pilot Plant Equipment, is estimated to be $3.8 million. Regarding the financing of the $3.8 million, HPQ management is in discussion with institutions in order to complete the financing package during 2018.”

Terms of the proposed Private Placement

HPQ-Silicon is proceeding with a non-brokered private placement of up to 11,400,000 units (“Unit”) at $0.10 per Unit for gross proceeds of up to $1,140,000. Insider participation in this placement could account for up to 5% of the total amount subscribed.

Net proceeds of the placement will be used for on-going business development costs related to the development of HPQ PUREVAP™ Quartz Reduction Reactor project and 200 TPY Pilot Plant Equipment, general corporate expenses, placement fees and legal expenses. If demand warrants it, the placement may be increased by up to another 5,000,000 units.

Each Unit is comprised of one (1) common share and one (1) common share purchase warrant (“Warrant”) of the Company. Each Warrant will entitle the holder thereof to purchase one common share of the capital stock of the Company at an exercise price of $ 0.15 during a period of 36 months from the date of closing of the placement. Each share issued pursuant to the placement will have a mandatory four (4) month and one (1) day holding period from the date of closing of the placement. The placement is subject to standard regulatory approvals.

The Corporation will pay Finder’s Fees, subject to the TSX-V policies, to introducing agents that participate in the private placement.

La version française du communiqué de presse sera disponible sur http://www.hpqsilicon.com

This News Release is available on the company’s CEO Verified Discussion Forum, a moderated social media platform that enables civilized discussion and Q&A between Management and Shareholders.

About HPQ Silicon

HPQ Silicon Resources Inc is a TSX-V listed resource company planning to become a vertically integrated and diversified Metallurgical Grade and Solar Grade Silicon Metal producer.

Our business model is focused on developing a disruptive one step High Purity and Solar Grade Silicon Metal manufacturing process (patent pending). HPQ plans to generate high yield returns and significant free cash flow within a relatively short time line. The process will have a greatly decreased carbon footprint, energy footprint, and will eliminate the use of the toxic chemical reagents and by products now in use by the current solar silicon production technologies, which fundamentally date from designs made in the mid 1900’s.

Disclaimers:

This news release does not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of any of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or the securities laws of any state of the United States and may not be offered or sold within the United States or to, or for the account or the benefit of, U.S. persons (as defined in Regulation S un der the U.S. Securities Act) unless registered under the U.S. Securities Act and applicable state securities laws or pursuant to an exemption from such registration requirements.

This press release contains certain forward-looking statements, including, without limitation, statements containing the words “may”, “plan”, “will”, “estimate”, “continue”, “anticipate”, “intend”, “expect”, “in the process” and other similar expressions which constitute “forward-looking information” within the meaning of applicable securities laws. Forward-looking statements reflect the Company’s current expectation and assumptions, and are subject to a number of risks and uncertainties that could cause actual results to differ materially from those anticipated. These forward-looking statements involve risks and uncertainties including, but not limited to, our expectations regarding the acceptance of our products by the market, our strategy to develop new products and enhance the capabilities of existing products, our strategy with respect to research and development, the impact of competitive products and pricing, new product development, and uncertainties related to the regulatory approval process. Such statements reflect the current views of the Company with respect to future events and are subject to certain risks and uncertainties and other risks detailed from time-to-time in the Company’s on-going filings with the securities regulatory authorities, which filings can be found at www.sedar.com. Actual results, events, and performance may differ materially. Readers are cautioned not to place undue reliance on these forward-looking statements. The Company undertakes no obligation to publicly update or revise any forward-looking statements either as a result of new information, future events or otherwise, except as required by applicable securities laws.

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.

Shares outstanding: 173,678,173

HPQ Silicon Resources Inc.
Bernard J. Tourillon
Chairman and CEO
(514) 907-1011

HPQ Silicon Resources Inc.
Patrick Levasseur
President and COO
(514) 262-9239
www.HPQSilicon.com

HPQ $HPQ.ca Starts Drilling on Roncevaux Quartz Property in Anticipation of 2018 Pilot Plant Solar Grade Silicon Metal Feed Stock $HPQ.ca $DDD $SSYS $ PRLB

Posted by AGORACOM-JC at 10:51 AM on Thursday, November 9th, 2017

Hpq large

  • Exploration team is on the property mobilizing the equipment for a 2,000 metres diamond-drilling program on our Roncevaux Quartz property located in Matapedia in the Gaspe region of Quebec
  • In addition to the announced objective of delineating a quartz (SiO2) resource to a depth of 50 meters;
  • Drilling program will test for potential NE and SW extensions of the quartz vein

MONTREAL, QUEBEC–(Nov. 9, 2017) – HPQ Silicon Resources Inc (“HPQ”) (TSX VENTURE:HPQ)(FRANKFURT:UGE)(OTC PINK:URAGF) is pleased to advise shareholders that its exploration team is on the property mobilizing the equipment for a 2,000 metres diamond-drilling program on our Roncevaux Quartz property located in Matapedia in the Gaspe region of Quebec (September 28, 2017 PR).

In addition to the announced objective of delineating a quartz (SiO2) resource to a depth of 50 meters, the drilling program will test for potential NE and SW extensions of the quartz vein. The drill rig will then be mobilized to a white quartz vein on the southern part of the property outcropping along a small feeder stream to the nearby Roland Creek where 4 short holes where drilled and returned gold assays of 8,26 g/t Au, 0,58 g/t Au, 0,49 g/t Au and 0,34 g/t Au from unspecified core length (GM 57622 Beaulieu 1992).

Patrick Levasseur, President and COO of HPQ Silicon stated, “While delineating a quartz resource is a crucial requirement for our goal of completing a Preliminary Economic Assessment (PEA) during 2018, doing two 50-ton bulk samples for raw feed for metallurgical testing using the PUREVAPtm Quartz Reduction Reactors is also significant implementation of our plan to make HPQ a vertically integrated solar grade silicon metal company.” Mr. Levasseur also stated, “being able to increase the scope of the program to include drilling of the Roland Creek Gold outcrop identified in 1992, could prove to be a great bonus for HPQ shareholders.”

ABOUT THE RONCEVAUX QUARTZ PROPERTY

During 2014, sampling and analysis done by the company revealed the Roncevaux quartz is of exceptional purity suitable for both high purity quartz applications and as raw feed for the production of silicon metal. The corrected silicon dioxide average for the 20 samples assayed is 99.65 %, ranging from 99.37 % to 99.86 % (December 16, 2014 PR).

In March 2015, HPQ received third party validation of the potential of the material when a major Silicon Metal Producer expressed an interest in the High Purity Lump Quartz material from the Roncevaux property, after our material successfully passed their rigorous testing protocols (March 2, 2015 PR).

RONCEVAUX GOLD EXPLORATION

The Roncevaux project area was initially prospected for its gold potential. In 1992, prospector M. Beaulieu found and sampled a white quartz vein on the southern part of the property that had a thickness of about 3.60m outcropping along a small feeder stream to the nearby Roland Creek. Further work that year gave the results referred to above which forms the basis for the proposed additional drilling this year.

Mr. Benoit Violette, P. Geo is the Qualified Person as defined by National Instrument 43-101 that supervised the preparation of the information in this news release.

La version française du communiqué de presse sera disponible sur http://www.hpqsilicon.com

This Press Release Is Available On The Company’s CEO Verified Discussion Forum, A Moderated Social Media Platform That Enables Civilized Discussion and Q&A Between Management and Shareholders.

About HPQ Silicon

HPQ Silicon Resources Inc is a TSX-V listed resource company planning to become a vertically integrated and diversified Metallurgical Grade and Solar Grade Silicon Metal producer.

Our business model is focused on developing a disruptive one step High Purity and Solar Grade Silicon Metal manufacturing process (patent pending). HPQ plans to generate high yield returns and significant free cash flow within a relatively short time line. The process will have a greatly decreased carbon footprint, energy footprint, and will eliminate the use of the toxic chemical reagents and by products now in use by the current solar silicon production technologies, which fundamentally date from designs made in the mid 1900’s.

Disclaimers:

This press release contains certain forward-looking statements, including, without limitation, statements containing the words “may”, “plan”, “will”, “estimate”, “continue”, “anticipate”, “intend”, “expect”, “in the process” and other similar expressions which constitute “forward-looking information” within the meaning of applicable securities laws. Forward-looking statements reflect the Company’s current expectation and assumptions, and are subject to a number of risks and uncertainties that could cause actual results to differ materially from those anticipated. These forward-looking statements involve risks and uncertainties including, but not limited to, our expectations regarding the acceptance of our products by the market, our strategy to develop new products and enhance the capabilities of existing products, our strategy with respect to research and development, the impact of competitive products and pricing, new product development, and uncertainties related to the regulatory approval process. Such statements reflect the current views of the Company with respect to future events and are subject to certain risks and uncertainties and other risks detailed from time-to-time in the Company’s on-going filings with the securities regulatory authorities, which filings can be found at www.sedar.com. Actual results, events, and performance may differ materially. Readers are cautioned not to place undue reliance on these forward-looking statements. The Company undertakes no obligation to publicly update or revise any forward-looking statements either as a result of new information, future events or otherwise, except as required by applicable securities laws.

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.

Shares outstanding: 173,678,173

HPQ Silicon Resources Inc.
Bernard J. Tourillon
Chairman and CEO
(514) 907-1011

HPQ Silicon Resources Inc.
Patrick Levasseur
President and COO
(514) 262-9239
www.HPQSilicon.com

INTERVIEW: HPQ Silicon Resources $HPQ.ca Discusses Final Gen 1 PUREVAP Purity Enhancement Test, Findings Validate Concept

Posted by AGORACOM-JC at 4:15 PM on Wednesday, November 1st, 2017

HPQ Silicon Resources $HPQ.ca Final Gen 1 PUREVAP(TM) Purity Enhancement Test Identifies Pathways To Producing Solar Grade Silicon Metal with the Gen 2

Posted by AGORACOM-JC at 7:39 AM on Wednesday, November 1st, 2017

Hpq large

  • PyroGenesis Canada has submitted to HPQ a report entitled “Final Report-Silicon Metal Purity Enhancement”
  • Pertaining to the final series of the 96 metallurgical tests completed using the Gen 1 PUREVAPtm Quartz Reduction Reactor
  • Effect of various operating parameters on the final purity of the Silicon Metal produced was rigorously tested
  • findings validated the concept, and extrapolating the results suggests that under a semi-continuous PUREVAPtm process, can transform Quartz (SiO2) into Silicon Metal (Si) with purity levels acceptable to the solar wafer industry (4N+ or 99.998% Si)

MONTREAL, QUEBEC–(Nov. 1, 2017) – HPQ Silicon Resources Inc (“HPQ”) (TSX VENTURE:HPQ)(FRANKFURT:UGE)(OTC PINK:URAGF) is pleased to inform its shareholders that PyroGenesis Canada Inc (“PyroGenesis”) has submitted to HPQ a report entitled “Final Report-Silicon Metal Purity Enhancement” pertaining to the final series of the 96 metallurgical tests completed using the Gen 1 PUREVAPtm Quartz Reduction Reactor (“QRR”). The effect of various operating parameters on the final purity of the Silicon Metal produced was rigorously tested. The findings validated the concept, and extrapolating the results suggests that under a semi-continuous PUREVAPtm process, we can transform Quartz (SiO2) into Silicon Metal (Si) with purity levels acceptable to the solar wafer industry (4N+ or 99.998% Si)1. The recently commenced Gen 2 PUREVAPtm metallurgical testing program aims to confirm this and to allow us to make samples for downstream product testing as we finalize plans and prepare to assemble the Pilot Plant.

Bernard Tourillon, Chairman and CEO of HPQ stated, “Results to date are spectacular, in less than 18 months the PUREVAP™ QRR process has demonstrated a one-step capacity to produce very pure Silicon Metal. Traditional industrial processes need to deploy multiple expensive steps to reach the same purity level. The Gen 2 PUREVAP™ will allow us to test, over the comings months, a number of purification options including slow cooling, as we continue our methodical metallurgical testing protocol. Our goal is straightforward, we seek to produce a Solar Grade Silicon Metal that can be used to manufacture solar cells as efficient as the one produced by Elkem Solar of Norway, the only commercially successful UMG Solar producer in the World.”

PYROGENESIS CEO REMARKS

“We are extremely happy with the Gen 1 PUREVAP™ results, however, this first-generation reactor was limited in its ability to push yield which directly relates to purity. The second stage testing program, or Gen 2 PUREVAP™, will allow us to test those limits, thereby increasing the probability of success when assembling the pilot plant”, said P. Peter Pascali, President and CEO of PyroGenesis. “We are pleased to join HPQ in announcing both the reaching of this new milestone and the commencing the second stage testing program.”

A document covering the salient points of the report can be download from our web page http://www.hpqsilicon.com: HPQ GEN 1 FINAL REPORT SALIENT POINTS.

Pierre Carabin, Eng., M. Eng., has reviewed and approved the technical content of this press release.

This Press Release Is Available On The Company’s CEO Verified Discussion Forum, A Moderated Social Media Platform That Enables Civilized Discussion and Q&A Between Management and Shareholders.

La version française du communiqué de presse sera disponible sur http://www.hpqsilicon.com

About HPQ Silicon

HPQ Silicon Resources Inc is a TSX-V listed resource company planning to become a vertically integrated and diversified Metallurgical Grade and Solar Grade Silicon Metal producer. Our business model is focused on developing a disruptive one step High Purity and Solar Grade Silicon Metal manufacturing process (patent pending). Solar Grade Silicon being the key ingredient required to transforms the sun energy into electricity.

HPQ plans to generate high yield returns and significant free cash flow within a relatively short time line. The process will have a greatly decreased carbon footprint, energy footprint, and will eliminate the use of the toxic chemical reagents and by products now in use by the current solar silicon production technologies, which fundamentally date from designs made in the mid 1900’s.

Disclaimers:

This press release contains certain forward-looking statements, including, without limitation, statements containing the words “may”, “plan”, “will”, “estimate”, “continue”, “anticipate”, “intend”, “expect”, “in the process” and other similar expressions which constitute “forward-looking information” within the meaning of applicable securities laws. Forward-looking statements reflect the Company’s current expectation and assumptions, and are subject to a number of risks and uncertainties that could cause actual results to differ materially from those anticipated. These forward-looking statements involve risks and uncertainties including, but not limited to, our expectations regarding the acceptance of our products by the market, our strategy to develop new products and enhance the capabilities of existing products, our strategy with respect to research and development, the impact of competitive products and pricing, new product development, and uncertainties related to the regulatory approval process. Such statements reflect the current views of the Company with respect to future events and are subject to certain risks and uncertainties and other risks detailed from time-to-time in the Company’s on-going filings with the securities regulatory authorities, which filings can be found at www.sedar.com. Actual results, events, and performance may differ materially. Readers are cautioned not to place undue reliance on these forward-looking statements. The Company undertakes no obligation to publicly update or revise any forward-looking statements either as a result of new information, future events or otherwise, except as required by applicable securities laws.

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.

Shares outstanding: 173,003,173

1 Pyrogenesis Canada Inc. Technical Memo: “TM-2017-830 REV 00, – Final Report-Silicon Metal Purity Enhancement”

HPQ Silicon Resources Inc.
Bernard J. Tourillon
Chairman and CEO
(514) 907-1011

HPQ Silicon Resources Inc.
Patrick Levasseur
President and COO
(514) 262-9239
www.HPQSilicon.com

HPQ Silicon Resources $HQP.ca Gen 2 PUREVAP(TM) QRR Commences Operation

Posted by AGORACOM-JC at 9:34 AM on Monday, October 16th, 2017

Hpq large

  • Gen 2 PUREVAPtm Quartz Reduction Reactor (“QRR”) reactor, 1/250 scale model of the planned 200 tonnes per annum (tpa) Pilot Plant (PUREVAPtm Pilot Plant) has completed its installation,
  • Assembly and commissioning phases and that the new testing program will commence this week

MONTREAL, QUEBEC–(Oct. 16, 2017) – HPQ Silicon Resources Inc (“HPQ”) (TSX VENTURE:HPQ)(FRANKFURT:UGE)(OTC PINK:URAGF) is pleased to advise shareholders that PyroGenesis Canada Inc (PyroGenesis) has informed HPQ that the Gen 2 PUREVAPtm Quartz Reduction Reactor (“QRR”) reactor, 1/250 scale model of the planned 200 tonnes per annum (tpa) Pilot Plant (PUREVAPtm Pilot Plant) has completed its installation, assembly and commissioning phases and that the new testing program will commence this week.

Bernard J. Tourillon, Chairman and CEO of HPQ Silicon stated, “Commencement of the Gen 2 PUREVAPtm QRR is an exciting day for HPQ, PyroGenesis and our shareholders. Building on our Gen 1 PUREVAPtm success to date the Gen 2 PUREVAPtm QRR will allow further refinements to the silicon purification and testing of the numerous process improvements now planned for the Pilot Plant. This will greatly de-risk our project and provide valuable information now as we continue to make the process adjustments needed to produce commercial quantities of Solar Grade Silicon Metal.”

ANTICIPATED TIMELINE FOR TESTING AND KEY MILESTONE MOVING FORWARD

The new Gen 2 Purevap™ QRR testing program will focus on Process Refinement, Characterization, Metallurgical Testing and testing electrical parameters.

The first tests will be done to establish the new operating parameters of the equipment, using a low purity batch of Roncevaux Quartz as feedstock.

The first key millstones of the program being:

  • Successfully operating the Gen 2 Purevap™ in a semi-continuous feed mode over multiple test cycles;
  • Successfully tapping the Silicon Metal from the Gen 2 Purevap™, over multiple test cycles.

This phase of testing, expected to last several weeks is important as it will give us crucial data to commence final design of the PUREVAPtm Pilot Plant to be constructed in 2018.

Once Gen 2 is fully operational, we will switch to High Purity Feedstock, for the next series of tests, focusing on:

  • Testing of the electrical parameters of the High Purity Si;
  • Produce enough material to send samples to Solar industry participants;
  • Provide data to demonstrate the economics of PUREVAP™ QRR.

UPDATE ON GEN 1 PUREVAPtm SILICON METAL PURITY TESTS

The final comprehensive report and recommendations on the original proof of concept and GEN 1 process characterization, including the complete 94 metallurgical tests conducted, is being finalized by PyroGenesis.

This Press Release Is Available On The Company’s CEO Verified Discussion Forum, A Moderated Social Media Platform That Enables Civilized Discussion and Q&A Between Management and Shareholders.

La version française du communiqué de presse est disponible sur http://www.hpqsilicon.com

About HPQ Silicon

HPQ Silicon Resources Inc is a TSX-V listed resource company planning to become a vertically integrated and diversified Metallurgical Grade and Solar Grade Silicon Metal producer. Our business model is focused on developing a disruptive one step High Purity and Solar Grade Silicon Metal manufacturing process (patent pending). Solar Grade Silicon being the key ingredient required to transforms the sun energy into electricity.

HPQ plans to generate high yield returns and significant free cash flow within a relatively short time line. The process will have a greatly decreased carbon footprint, energy footprint, and will eliminate the use of the toxic chemical reagents and by products now in use by the current solar silicon production technologies, which fundamentally date from designs made in the mid 1900’s.

Disclaimers:

This press release contains certain forward-looking statements, including, without limitation, statements containing the words “may”, “plan”, “will”, “estimate”, “continue”, “anticipate”, “intend”, “expect”, “in the process” and other similar expressions which constitute “forward-looking information” within the meaning of applicable securities laws. Forward-looking statements reflect the Company’s current expectation and assumptions, and are subject to a number of risks and uncertainties that could cause actual results to differ materially from those anticipated. These forward-looking statements involve risks and uncertainties including, but not limited to, our expectations regarding the acceptance of our products by the market, our strategy to develop new products and enhance the capabilities of existing products, our strategy with respect to research and development, the impact of competitive products and pricing, new product development, and uncertainties related to the regulatory approval process. Such statements reflect the current views of the Company with respect to future events and are subject to certain risks and uncertainties and other risks detailed from time-to-time in the Company’s on-going filings with the securities regulatory authorities, which filings can be found at www.sedar.com. Actual results, events, and performance may differ materially. Readers are cautioned not to place undue reliance on these forward-looking statements. The Company undertakes no obligation to publicly update or revise any forward-looking statements either as a result of new information, future events or otherwise, except as required by applicable securities laws.

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.

Shares outstanding: 173,003,173

HPQ Silicon Resources Inc.
Bernard J. Tourillon
Chairman and CEO
(514) 907-1011

HPQ Silicon Resources Inc.
Patrick Levasseur
President and COO
(514) 262-9239
www.HPQSilicon.com

HPQ $HPQ.ca to Commence Drilling on Roncevaux Property to Delineate a #Quartz Resource as Feed for High Purity Silicon Metal Production

Posted by AGORACOM-JC at 11:28 AM on Thursday, September 28th, 2017

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  • Will commence a 2,000 metres diamond drill program during Q4 2017
  • To delineate a quartz (SiO2) resource on our Roncevaux Quartz property located in Matapedia in the Gaspe region of Quebec

MONTREAL, QUEBEC–(Sept. 28, 2017) – HPQ Silicon Resources Inc (“HPQ”) (TSX VENTURE:HPQ)(FRANKFURT:UGE)(OTC PINK:URAGF) is pleased to advise shareholders the company will commence a 2,000 metres diamond drill program during Q4 2017 to delineate a quartz (SiO2) resource on our Roncevaux Quartz property located in Matapedia in the Gaspe region of Quebec. 2014 quartz sampling and analysis work done by the company revealed that quartz from the property is of exceptional purity, suitable for high purity quartz applications and as raw feed for the production of silicon metal. The corrected silicon dioxide average for the 20 samples assayed was 99.65%, ranging from 99.37% to 99.86% SiO2 (December 16, 2014 PR).

Since Sept 2016, Pyrogenesis has been using the Gen 1 PUREVAPtm to transform Roncevaux SiO2 (Quartz) into 3N+ Purity Silicon Metal (99.97% Si) (September 19, 2017 PR, May 16, 2017 PR, January 26, 2017 PR, November 29, 2016 PR, November 2, 2016 PR and September 29, 2016 PR). The material produced using our Roncevaux SiO2 (Quartz) with the PUREVAPtm exceeds the highest purity level of the Metallurgical Grade Silicon Metal (Mg Si) industry, a US$5.5 billion dollar per year industry1.

Patrick Levasseur, President and COO of HPQ Silicon stated, “Delineating a quartz resource that can be used as the feed for our PUREVAPtm Quartz Reduction Reactors is a crucial first step towards a PEA (Preliminary Economic Assessment). Having our own quartz deposit would fulfill our plans to make HPQ a vertically integrated solar grade silicon metal company.” Mr. Levasseur also stated, “In addition to the quartz, we will also be testing the gold potential of the property, as documented in past exploration.”

DRILL PROGRAM DETAILS AND OBJECTIVES

The Diamond Drill Program will commence with a minimum of 2,000 metres of drilling in 32 holes along the 400 metres of the known surface strike of the quartz vein. The objective will be to delineate a quartz resource of at least 650,000 tons to a depth of 50 meters. Chemical analyzes and characterization tests will be completed on drilled cores. The Company has applied for the permits required to cut trees and build an access lanes for the drill rig.

Furthermore, two 50-ton bulk samples of quartz will be excavated and stockpiled on the property. This material will be used as additional raw feed for metallurgical testing using HPQ Gen 2 PUREVAPtm a 1/250 scale model of our planned Gen 3 PUREVAPtm, a 200 tonnes per annum (tpa) Pilot Plant under fabrication (September 19, 2017 PR).

ABOUT THE RONCEVAUX QUARTZ PROPERTY

During 2014, sampling and analysis done by the company revealed the Roncevaux quartz is of exceptional purity suitable for both high purity quartz applications and as raw feed for the production of silicon metal. The corrected silicon dioxide average for the 20 samples assayed is 99.65 %, ranging from 99.37 % to 99.86 % (December 16, 2014 PR).

In March 2015, HPQ received third party validation of the potential of the material when a major Silicon Metal Producer expressed an interest in the High Purity Lump Quartz material from the Roncevaux property, after our material successfully passed their rigorous testing protocols (March 2, 2015 PR).

RONCEVAUX GOLD EXPLORATION

In addition to delineating the quartz vein, the Company intends to undertake a gold prospecting campaign on the property that will include sampling of mineralized outcrops and geochemical soil surveys. The Roncevaux project area was initially prospected for its gold potential. In 1992, prospector M. Beaulieu found and sampled a white quartz vein on the southern part of the property that had a thickness of about 3.60m outcropping along a small feeder stream to the nearby Roland Creek. This occurrence showed significant anomalous gold values from outcrops of up to 1,51g/t Au. Core samples from 4 short holes drilled in the structure returned gold assays of 8,26 g/t Au, 0,58 g/t Au, 0,49 g/t Au and 0,34 g/t Au from unspecified core length. (GM 57622 Beaulieu 1992)

Mr. Benoit Violette, P. Geo is the Qualified Person as defined by National Instrument 43-101 that supervised the preparation of the information in this news release.

This Press Release Is Available On The Company’s CEO Verified Discussion Forum, A Moderated Social Media Platform That Enables Civilized Discussion and Q&A Between Management and Shareholders.

About HPQ Silicon

HPQ Silicon Resources Inc is a TSX-V listed resource company planning to become a vertically integrated and diversified Metallurgical Grade and Solar Grade Silicon Metal producer.

Our business model is focused on developing a disruptive one step High Purity and Solar Grade Silicon Metal manufacturing process (patent pending). HPQ plans to generate high yield returns and significant free cash flow within a relatively short time line. The process will have a greatly decreased carbon footprint, energy footprint, and will eliminate the use of the toxic chemical reagents and by products now in use by the current solar silicon production technologies, which fundamentally date from designs made in the mid 1900’s.

Disclaimers:

This press release contains certain forward-looking statements, including, without limitation, statements containing the words “may”, “plan”, “will”, “estimate”, “continue”, “anticipate”, “intend”, “expect”, “in the process” and other similar expressions which constitute “forward-looking information” within the meaning of applicable securities laws. Forward-looking statements reflect the Company’s current expectation and assumptions, and are subject to a number of risks and uncertainties that could cause actual results to differ materially from those anticipated. These forward-looking statements involve risks and uncertainties including, but not limited to, our expectations regarding the acceptance of our products by the market, our strategy to develop new products and enhance the capabilities of existing products, our strategy with respect to research and development, the impact of competitive products and pricing, new product development, and uncertainties related to the regulatory approval process. Such statements reflect the current views of the Company with respect to future events and are subject to certain risks and uncertainties and other risks detailed from time-to-time in the Company’s on-going filings with the securities regulatory authorities, which filings can be found at www.sedar.com. Actual results, events, and performance may differ materially. Readers are cautioned not to place undue reliance on these forward-looking statements. The Company undertakes no obligation to publicly update or revise any forward-looking statements either as a result of new information, future events or otherwise, except as required by applicable securities laws.

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.

Shares outstanding: 170,003,173

1 Source CRU, 2018 MG Si demand projected at 2,5 M tonnes, 2018 prices US$2,200 per tonne (Ferroglobe)

HPQ Silicon Resources Inc.
Bernard J. Tourillon
Chairman and CEO
(514) 907-1011

HPQ Silicon Resources Inc.
Patrick Levasseur
President and COO
(514) 262-9239
www.HPQSilicon.com

INTERVIEW: HPQ Silicon $HPQ.ca Discusses Importance Of Operational “Mini Model” Of Planned 200 tonnes Per Annum Pilot Plant

Posted by AGORACOM-JC at 4:19 PM on Tuesday, September 19th, 2017

PUREVAP(TM) Pilot Plant Testing Starting Early With Commissioning of $HPQ.ca 1/250 Scale Pilot Equipment

Posted by AGORACOM-JC at 7:40 AM on Tuesday, September 19th, 2017

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  • Advanced, second stage bench testing program is about to commence
  • Gen 2 PUREVAPtm Quartz Reduction Reactor (“QRR”) reactor, 1/250 scale model of the planned 200 tonnes per annum (tpa) Pilot Plant will be operational in the coming weeks

MONTREAL, QUEBEC–(Sept. 19, 2017) – HPQ Silicon Resources Inc (“HPQ”) (TSX VENTURE:HPQ)(FRANKFURT:UGE)(OTC PINK:URAGF) is pleased to advise shareholders that an advanced, second stage bench testing program is about to commence. PyroGenesis Canada Inc (PyroGenesis) has informed HPQ that the Gen 2 PUREVAPtm Quartz Reduction Reactor (“QRR”) reactor, 1/250 scale model of the planned 200 tonnes per annum (tpa) Pilot Plant will be operational in the coming weeks.

Bernard J. Tourillon, Chairman and CEO of HPQ Silicon stated, “The design and construction of the Gen 2 PUREVAPtm QRR is another exciting step toward commercialization and is a result of the collaborative efforts of PyroGenesis and HPQ. Building on our success to date the Gen 2 PUREVAPtm QRR will allow for further refinements to the silicon purification and testing of the numerous process improvements now planned for the Pilot Plant. This will greatly de-risk our project and provide valuable information sooner as we continue to make the process adjustments needed to produce Solar Grade Silicon Metal.”

GEN 1 PUREVAPtm QRR REACTOR: SUCCESSFUL AND NOW BEING RETIRED

The first generation batch lab scale PUREVAPtm QRR (now referred to as Gen 1 PUREVAPtm) was built to prove the concept that quartz could be transformed in one step into Silicon Metal (Si), for the solar panel industry. A series of tests using the Gen 1 PUREVAPtm were ordered (September 2, 2016 PR) to generate key technical data required for the design of the 200 tpa pilot plant capable of producing Solar Grade Si (SoG Si). The Gen 1 PUREVAPtm process succeeded, demonstrating significant impurity removal, in one step, transforming low purity SiO2 (Quartz) into 3N+ Purity Si (99.97% Si) (May 16, 2017 PR, January 26, 2017 PR, November 29, 2016 PR, November 2, 2016 PR and September 29, 2016 PR). This product exceeds the highest purity level of the Metallurgical Grade Silicon Metal (Mg Si) industry, a US$5.5 billion dollar per year industry1.

1 Source CRU, 2018 MG Si demand projected at 2,5 M tonnes, 2018 prices US$2,200 per tonne (Ferroglobe)

Our next key milestone is to produce quantities of solar grade silicon for testing of its electrical characteristics, sending material to industry participants and finalize Pilot plant design en route to commercialization. CEO Bernard Tourillon commented, “Our Gen 1 PUREVAPtm was a great success and we believe the reactor will eventually make its way to a science and engineering hall of fame. It has currently reached its maximum operational efficiencies and nothing more could be gained by additional tests.”

GEN 2 PUREVAPtm QRR REACTOR PRESENTS MAJOR DE-RISKING MILESTONES

The Gen 2 Purevap™ QRR will focus on Process Refinement, Characterization, Metallurgical Testing and purity improvements using the new semi-continuous feed 1/250 scale pilot-plant (May 4, 2017, PR).

Based on Gen 1 PUREVAPtm results, PyroGenesis completed the detailed engineering and design of the 200 tpa pilot plant, including substantial process modifications. Gen 2 PUREVAPtm therefore is an upgraded version of the Gen 1 Purevaptm that will be a true 1/250 scale replica of the planned larger pilot plant (Gen 3 PUREVAPtm). The Gen 2 PUREVAPtm is undergoing final manufacturing, assembly and testing and will be operational during the first weeks of October 2017.

The start of this new metallurgical testing program using The Gen 2 PUREVAPtm represents major de-risking of the Pilot Plant program for the following reasons:

  • Gen 2 will allow specific process design improvements and modifications derived from Gen 1 PUREVAPtm test work to be implemented and perfected;
  • The Gen 2 produces larger silicon Metal (Si) samples to test improvements to the purification process;
  • Gen 2 allows an intermediate step in scaling up to the Pilot Plant, mitigating that scaling up risk;
  • Gen 2 will allow the following Milestones to be reached sooner than originally planned;
    • Producing larger Si samples for testing by potential purchasers;
    • Allows HPQ and Pyrogenesis to test the electrical parameters of the High Purity Si;
    • Produce enough material to send samples to Solar industry participants;
    • Provide data to demonstrate the economics of PUREVAP™ QRR.

PYROGENESIS CEO REMARKS

We are pleased to join HPQ in announcing both reaching this new milestone and commencing the second stage testing program,” said P. Peter Pascali, President and CEO of PyroGenesis. “I also wish to commend the team, both at PyroGenesis and HPQ, for having persevered through the many challenges to date and for all the discoveries they made along the way (the ability to transform low purity Quartz into 3N+ Silicon Metal in one step at lab scale not being the least of them). As we have said in the past, it will not be a straight line to success, but given the results to date we are more confident then ever before that we will have a commercial success. What level of success, is yet to be determined. As in all projects, delays will occur, but I firmly believe we are on the right track to have a significant impact in the high purity silicon and solar markets.

UPDATE ON SILICON METAL PURITY TESTING

Further to our June 23, 2017 press release, the company continued to work with PyroGenesis and a number of specialized laboratories on silicon analysis protocols. Specifically, efforts focus on analytical procedures, certification, and analysis turn around time. We are working with our partners to resolve the analytical bottlenecks.

Results will be reported in a comprehensive report on the proof of concept and phase one process characterization and metallurgical testing programs, being prepared by PyroGenesis.

This Press Release Is Available On The Company’s CEO Verified Discussion Forum, A Moderated Social Media Platform That Enables Civilized Discussion and Q&A Between Management and Shareholders.

About HPQ Silicon

HPQ Silicon Resources Inc is a TSX-V listed resource company planning to become a vertically integrated and diversified Metallurgical Grade and Solar Grade Silicon Metal producer.

Our business model is focused on developing a disruptive one step High Purity and Solar Grade Silicon Metal manufacturing process (patent pending). HPQ plans to generate high yield returns and significant free cash flow within a relatively short time line. The process will have a greatly decreased carbon footprint, energy footprint, and will eliminate the use of the toxic chemical reagents and by products now in use by the current solar silicon production technologies, which fundamentally date from designs made in the mid 1900’s.

Disclaimers:

This press release contains certain forward-looking statements, including, without limitation, statements containing the words “may”, “plan”, “will”, “estimate”, “continue”, “anticipate”, “intend”, “expect”, “in the process” and other similar expressions which constitute “forward-looking information” within the meaning of applicable securities laws. Forward-looking statements reflect the Company’s current expectation and assumptions, and are subject to a number of risks and uncertainties that could cause actual results to differ materially from those anticipated. These forward-looking statements involve risks and uncertainties including, but not limited to, our expectations regarding the acceptance of our products by the market, our strategy to develop new products and enhance the capabilities of existing products, our strategy with respect to research and development, the impact of competitive products and pricing, new product development, and uncertainties related to the regulatory approval process. Such statements reflect the current views of the Company with respect to future events and are subject to certain risks and uncertainties and other risks detailed from time-to-time in the Company’s on-going filings with the securities regulatory authorities, which filings can be found at www.sedar.com. Actual results, events, and performance may differ materially. Readers are cautioned not to place undue reliance on these forward-looking statements. The Company undertakes no obligation to publicly update or revise any forward-looking statements either as a result of new information, future events or otherwise, except as required by applicable securities laws.

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.

Shares outstanding: 170,003,173

HPQ Silicon Resources Inc.
Bernard J. Tourillon
Chairman and CEO
(514) 907-1011

HPQ Silicon Resources Inc.
Patrick Levasseur
President and COO
(514) 262-9239
www.HPQSilicon.com

Invested in Canadian Solar $CSIQ ? $HPQ.ca continues to make great strides through purification for production of Solar Grade Silicon Metal

Posted by AGORACOM-JC at 4:25 PM on Monday, September 11th, 2017
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Scaling Up Milestones; 62% Increase in Impurity Removal Using Low Purity Feedstock; 531% Conversion Yield Increase

  • New stage report entitled “Update on The PUREVAPtm Process Characterization Testing #2” pertaining to tests completed (26/01/17).
  • Objectives of test #37 to #74 was increasing Si yield at lab scale by continuously improving process parameter and implementing alternative purification routes while still using low purity feed stock
  • Salient points of the report are significant in that they validate systematic and methodical approach to bench scale test purification work and scaling up our process of converting quartz into high purity silicon metal