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BREAKING – PyroGenesis Announces First Order for 3D Printing Powders from a Multinational Conglomerate; Down Payment Received $PYR.ca

Posted by AGORACOM-JC at 9:03 AM on Tuesday, April 25th, 2017

  • First Order for 3D Printing Powders from a Multinational Conglomerate; Down Payment Received

MONTREAL, QUEBEC–(April 25, 2017) – PyroGenesis Canada Inc. (http://pyrogenesis.com) (TSX VENTURE:PYR)(OTCQB:PYRNF), a high-tech company (the “Company” or “PyroGenesis”) that designs, develops, manufactures and commercializes plasma waste-to-energy systems and plasma torch products, is pleased to announce today that, further to its press release dated March 30, 2017, it has signed its first contract, and received the down payment, for an order of titanium powder (Ti-6Al-4V) and Inconel from a multinational conglomerate (the “Client”), the name and origin of which will not be disclosed for competitive reasons. Note, this order was placed during the ramp-up phase of the Company’s powder production system (the “System”).

“As previously announced on March 30, 2017, we did not expect this type of interest before ramp-up was complete, and we would have considered any sample orders (i.e. up to 500kg) made before such time to be very significant as this further validates our strategic decision to enter into powder production,” said P. Peter Pascali, President and CEO of PyroGenesis. “This order is a sample order and is most significant in terms of timing and who the Client is, rather than the dollar value itself. The fact that a multinational conglomerate has taken the time to sample our powders before the ramp-up phase is complete is extremely noteworthy. We believe that the contract announced today is just one of many to come. We are very pleased with these developments which we believe underscore the interest in the marketplace for PyroGenesis’ products and unique expertise.”

PyroGenesis’ System uses Plasma Atomization to make small, uniform, fully dense and spherical metal powders that flow like water, and which are highly sought after in the Additive Manufacturing (“AM”) industry.

PyroGenesis is the inventor of Plasma Atomization. The Company first began producing powders using this technology for the biomedical industry between 2001-2004. In 2015, PyroGenesis invested approximately $2MM in improving both the production rate and particle size distribution, which not only led to a patent pending, but also to PyroGenesis’ decision to re-enter the market and produce powders for the AM industry. The System is the first of many PyroGenesis expects to make to address an increasing need for metal powders in the AM industry.1

Additionally, PyroGenesis announces today that it has signed a number of agreements with significant and potential players in the AM industry, wherein the Company is in discussions regarding the possibility of concluding certain business relationships or transactions related to AM, most notably geared to the production of powders.

“These are very exciting times for PyroGenesis,” said Mr. Pascali. “These events seem to further validate our decision to enter the additive manufacturing industry, and although noteworthy, we caution concluding that anything of significance will happen quickly. Discussions take time and we are still in the early phases.”

“The ramp-up phase will continue through the remainder of the second quarter of 2017, of which we note that the operational performance and progress to date far exceed our expectations,” said Pierre Carabin, Chief Technology Officer of PyroGenesis. “Our team remains focused and dedicated to our commitments to deliver high quality powders to the additive manufacturing industry, while continuing to innovate and improve our process which is arguably, already, the gold standard for the industry.”

Finally, as previously announced, the metal powders produced during the ramp-up phase are available for sale. The initial focus is on producing commercially pure Titanium (CP Ti) and Ti-6Al-4V powders; however PyroGenesis is receiving interest for other metal powders as well which it is also attending to.

About PyroGenesis Canada Inc.

PyroGenesis Canada Inc. is the world leader in the design, development, manufacture and commercialization of advanced plasma processes. PyroGenesis provides engineering and manufacturing expertise, cutting-edge contract research, as well as turnkey process equipment packages to the defense, metallurgical, mining, additive manufacturing (3D printing), oil & gas, and environmental industries. With a team of experienced engineers, scientists and technicians working out of our Montreal office and our 3,800 m2 manufacturing facility, PyroGenesis maintains its competitive advantage by remaining at the forefront of technology development and commercialization. Its core competencies allow PyroGenesis to lead the way in providing innovative plasma torches, plasma waste processes, high-temperature metallurgical processes, and engineering services to the global marketplace. Its operations are ISO 9001:2008 certified, and have been ISO certified since 1997. PyroGenesis is a publicly-traded Canadian company on the TSX Venture Exchange (Ticker Symbol: PYR) and on the OTCQB Marketplace (Ticker Symbol: PYRNF). For more information, please visit www.pyrogenesis.com.

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 ongoing filings with the securities regulatory authorities, which filings can be found at www.sedar.com, or at www.otcmarkets.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, its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) nor the OTC Markets Group Inc. accepts responsibility for the adequacy or accuracy of this press release.

Tetra Bio-Pharma Accelerates Sales Strategy with the Appointment of Denis Courchesne as Vice President, Sales $TBP.ca

Posted by AGORACOM-JC at 9:43 PM on Monday, April 24th, 2017

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OTTAWA, ONTARIO–(April 24, 2017) - Tetra Bio-Pharma Inc. (“Tetra” or the “Company“) (CSE:TBP) (OTCQB:GRPOF), today announced that it has accelerated its sales strategy by entering into an employment agreement with Denis Courchesne as Vice President, Sales, effective Monday, May 1, 2017.

Mr. Courchesne has over 25 years’ sales and management experience in the retail environment working for various companies such as Evian Spring Water (Danone) and Pfizer Canada.

In the last 15 years, he has been working in both the pharmacy and health food channels where he successfully held positions in Quebec as National Sales Manager. In his previous companies, he rapidly reorganized the sales forces enabling the teams to outperform their sales and profit objectives. Since 2010 Mr. Courchesne has been working as an independent consultant helping various brands in many aspects of their business such as marketing, strategy and goal establishment while enabling them to solidify their presence at store level.

“We are most pleased to welcome Mr. Courchesne to the team as we are focused on building Tetra as a leading bio-pharmaceutical organization,” said Andre Rancourt, CEO of Tetra Bio-Pharma. “Mr. Courchesne has repeatedly demonstrated his skills as a natural leader that will allow Tetra to build our Agro Tek natural health division and drive strong revenue growth for the organization. The great relations he has successfully built over his career specifically in Canadian pharmacies will allow Tetra to accelerate placement of our products and ultimately drive stronger sales moving forward.”

About Tetra Bio Pharma:

Tetra Bio Pharma is a multi subsidiary publicly traded company (CSE:TBP) (OTCQB:GRPOF) engaged in the development of Bio Pharmaceuticals and Natural Health Products containing Cannabis and other medicinal plant based elements.

Tetra Bio Pharma is focused on combining the traditional methods of medicinal cannabis use with the supporting scientific validation and safety data required for inclusion into the existing bio pharma industry by regulators physicians and insurance companies. More information is available about the company at: www.tetrabiopharma.com.

The Canadian Securities Exchange (“CSE”) has not reviewed this news release and does not accept responsibility for its adequacy or accuracy.

Forward-looking statements

Some statements in this release may contain forward-looking information. All statements, other than of historical fact, that address activities, events or developments that the Company believes, expects or anticipates will or may occur in the future (including, without limitation, statements regarding potential acquisitions and financings) are forward-looking statements. Forward-looking statements are generally identifiable by use of the words “may”, “will”, “should”, “continue”, “expect”, “anticipate”, “estimate”, “believe”, “intend”, “plan” or “project” or the negative of these words or other variations on these words or comparable terminology. Forward-looking statements are subject to a number of risks and uncertainties, many of which are beyond the Company’s ability to control or predict, that may cause the actual results of the Company to differ materially from those discussed in the forward-looking statements. Factors that could cause actual results or events to differ materially from current expectations include, among other things, without limitation, the inability of the Company, through its wholly-owned subsidiary, GrowPros MMP Inc., to obtain a licence for the production of medical marijuana; failure to obtain sufficient financing to execute the Company’s business plan; competition; regulation and anticipated and unanticipated costs and delays, and other risks disclosed in the Company’s public disclosure record on file with the relevant securities regulatory authorities. Although the Company has attempted to identify important factors that could cause actual results or events to differ materially from those described in forward-looking statements, there may be other factors that cause results or events not to be as anticipated, estimated or intended. Readers should not place undue reliance on forward-looking statements. The forward-looking statements included in this news release are made as of the date of this news release and the Company does not undertake an obligation to publicly update such forward-looking statements to reflect new information, subsequent events or otherwise unless required by applicable securities legislation.

Tetra Bio-Pharma Inc.
Edward Miller
Vice President, IR & Corporate Communications
edward@tetrabiopharma.com
(343) 689-0714

AGORACOM Welcomes Back American Creek Resources $AMK.ca

Posted by AGORACOM-JC at 9:24 AM on Friday, April 21st, 2017

AMK: TSX-V, OTCBB: ACKRF

RECENT HIGHLIGHTS

  • Tudor Has Discovered a New Gold Zone at Treaty Creek: 110 M of 0.909 g/t Gold, Upper 316 M of Hole Yet to Be Assayed
  • Specimens from the Electrum property average 27,092 gm/tonne silver and 248 gm/tonne gold. Read More
  • Tudor has now completed the previously announced Magnetotelluric survey and has commenced drilling Read More
  • Hole CB-16-03 returned 0.526 g/t gold over 629.7 meters
  • Included within this wide 629.7 meter interval is 338 meters of 0.70 g/t gold
  • Also included 54 meters (from 88 to 142 meters) of 1.117 g/t gold and 122 meters of 0.965 g/t gold

WHY AMERICAN CREEK RESOURCES?

  • American Creek has exceptional precious metal properties throughout British Columbia including two of the most prospective projects found in B.C.’s Golden Triangle; the Electrum and Treaty Creek properties.
  • The Electrum property is geologically similar to the nearby Brucejack (going into production in 2017) and the nearby Premier Mine (past producer).
  • So far over 130 million ounces of gold, 800 million ounces of silver and 20 billion pounds of copper (all categories included), representing one of the greatest concentrations of metal value on the planet, have been delineated within the geological system shared by KSM, Brucejack, and Treaty Creek.

Agoracom Aug 3

EXCEPTIONAL PROPERTIES

 

The Electrum is located in British Columbia’s prolific Golden Triangle; one of the richest areas of mineralization in the world with one new mine having come online in 2015 (Imperial Mines Red Chris) and another scheduled for 2017 (Pretium Brucejack) and at least three more world-class mining projects headed toward production.

The property has a rich history with some of the highest grade hand-mined ore mined in North America (1,661 g/t Au with 2,596 Ag)combined with excellent logistics. The property is located directly between two high-grade veining gold/silver mines; the past producing Silbak Premier mine and Pretiums high-grade Brucejack mine (production in 2017). All three lie within the Iskut mineral district (a particularly prolific part of the Canadian Cordillera) with numerous geological similarities between them.

On May 11th 2016 American Creek formed a joint venture agreement with Tudor Gold wherein American Creek retains 40% of the property.Tudor Gold will be the operator while both companies will work together to develop the property.This partnership is very beneficial for American Creek as its flagship project will be able to advance at a much greater pace due to the geological expertise, experience, resources, management, and exposure that Tudor Gold brings to the table.

The Electrum Property holds significant potential which led to a JV agreement with Tudor Goldwhen considering its high-grade nature combined with the exceptional logistics in place.

  • Located in the prolific Golden Triangle of northwestern British Columbia, an area encompassing mineral rich belts that host more than 43 past producing mines including Eskay Creek, Silbak Premier, Granduc and Big Missouri. It is a hotbed of activity with one new mine having come online in 2015 (Imperial Mines Red Chris) and another scheduled for 2017 (Pretium Brucejack) and at least three more world-class mining projects headed toward production.
  • Located in a particularly rich valley with 4 past producing commercial mines and a 5th in the adjacent valley.
  • Includes the historic East Gold Mine that had intermittent small-scale production of approximately 46 tonnes of ore with grades averaging 1,661 grams of gold per tonne and 2,596 grams of silver per tonne (roughly 50oz gold with 75oz silver).
  • Mineralization is believed to be very similar to the silver-gold-base metal veins responsible for the precious metal mineralization found in the Silbak Premier Mine and the Big Missouri mines (located in same extended valley).
  • Pretiums Brucejack Summary Report (for exploration) compares itself geologically to the Silbak Premier mine.
  • Electrums Summary Report (for exploration) compares itself geologically to the Silbak Premier mine.
  • High-grade mineralization at surface has been confirmed extending over a 500 x 500m area. Specimens across that area include numerous bonanza grade results including 1,926 g/t gold with 37,995 g/t silver, 80.96 g/t gold with 80,818 g/t silver, 694 g/t gold with 550 g/t silver, 54.77 g/t gold with 14,903 g/t silver, 615 g/t gold with 616 g/t silver, 395 g/t gold with 46,601 g/t silver, and many more.
  • Drilling showed a continuation of high grade intervals at depth including grades up to 440 g/t gold with 400 g/t silver over 0.52m. Other high grade gold intervals include 38.4 g/t over 0.45m, 31.4 g/t over 2m, 29.9 g/t over 2m,16.9 g/t over 1.5m, 16.7 g/t over 1.3m, and 12.3 g/t over 1.9m along with longer intervals of 3 g/t over 26m, 1 g/t over 50m, and 0.5 g/t over 31m. High grade silver intervals at depth including 583g/t over 0.3m, 420 g/t over 0.9m, 384 g/t over 0.7m and 374 g/t over 0.65m were also discovered.
  • A very successful small program was run in the fall of 2015 wherein:
    o A new approach focusing on high-grade was employed
    o New zones of gold / silver mineralization were discovered with drill intersections grading from one up to 14 grams of gold per tonne.
    o A better understanding of the high-grade veining system was obtained
    o Numerous outcrops were tested on surface. 24 specimens were taken from the Shiny Cliff and averaged 248 g/t gold with 27,092 g/t silver, the highest sample being 1,926 g/t gold with 37,955 g/t silver. Specimens taken from a boulder 20m down slope from the Shiny Cliff averaged 10 g/t gold with 857 g/t silver.
    o Eleven specimens were collected along a quartz vein at the Rico showing. The specimens from the structure averaged 54 g/t gold with 11,512 g/t silver, the highest sample being 270 g/t gold with 44,048 g/t silver. Thirteen specimens were collected from a vein on Mine Hill and averaged 6 g/t gold with 522 g/t silver.
    o The program proved the Electrum Property has multiple high-grade gold-silver epithermal breccia vein systems and gave us a better understating of their sequencing.
  • Excellent logistics including road access, power located 2 km away and bulk tonnage shipping ports and supportive mining town located just40 km away in a mining friendly jurisdiction.

For a short video on the Electrum property; click here.

For a presentation on the 2015 drill program; click here.

Treaty Creek Property

Treaty Creek is located in British Columbia’s prolific Golden Triangle; one of the richest areas of mineralization in the world with one new mine having come online in 2015 (Imperial Mines Red Chris) and another scheduled for 2017 (Pretium Brucejack) and at least three more world-class mining projects headed toward production.

On May 11th 2016 American Creek formed a joint venture agreement with Tudor Gold wherein American Creek retains a carried interest of 20% of the property until a production notice is given. A partner with the expertise, backing, management team, and experience to develop this potential world scale project was sought after by AMK. Tudor Gold meets and exceeds all of those requirements needed to fully realize the potential of Treaty Creek. American Creek will not have to raise money or dilute as development takes place.

Mineralization in the Treaty Creek claims area lies within the same broad hydrothermal system that generated the several deposits on the Seabridge Gold KSM and the Pretivm Brucejack properties that lie immediately southwest of the Treaty Creek claims. So far over 130 million ounces of gold, 800 million ounces of silver and 20 billion pounds of copper (all categories included), representing one of the greatest concentrations of metal value on the planet, have been delineated within the geological system shared by KSM, Brucejack, and Treaty Creek.

Seabridge Gold’s KSM is the world’s largest undeveloped gold/silver project by reserves while Pretium’s Brucejack is the highest grading undeveloped large-scale gold project in the world. KSM has just past the environmental and permitting stage while the Brucejack is in construction phase. Treaty Creek is part of the same large hydrothermal system as it’s neighbours, hosts the same bedrock geology as its neighbours, the same magneto-telluric (MT) anomalies that proved to be large deposits on both Seabridge and Pretivm’s claims, the same major fault system (Sulphurets) that is responsible for KSM’s deposits, and initial exploration and drilling show similar results to initial drilling on KSM.

A recent Government geological report shows Treaty to be “in the right neighbourhood for B.C’s next big deposit”.Treaty meets all three main criteria of the report which states “that is a big game changer for explorers in the region, because it will get them closer to making a discovery”.

The geological markers on Treaty Creek are saying there are great similarities to the KSM / Brucejack / Valley of the Kings and other deposits found within the same hydrothermal system.Now the right partnership is in place to advance the project and realize its potential.

For a 2 minute video on Treaty Creek; click here.

For an in-depth geological video on Treaty Creek; click here.

Gold Hill Property

The Gold Hill property is located in Southern British Columbia near Cranbrook.Logistics are exceptional with forestry roads throughout the property and power nearby. Gold on the Wild Horse River was discovered in the fall of 1863 by American prospectors and one of the West’s greatest gold rushes ensued. The Wild Horse River yielded close to $7,000,000 dollars (48 tonnes of gold or around $2 Billion in today’s dollars). It is believed that a far greater amount was mined and never accounted for.

The river is considered to be one of the greatest gold creeks in the entire province of British Columbia. The majority of the gold taken from the river was located along a 6km stretch between Boulder Creek (upstream) and Brewery Creek (downstream). While most of the gold has been taken from the placer deposits downstream from Gold Hill, there are still placer operations in the area ranging from small scale panning / sluicing to full scale mining operations.

Historic efforts were made to trace the source / sources of the placer gold. This led explorers (including geologists from Cominco) up the Boulder Creek to what is now called the Gold Hill property. This property constitutes a significant portion of the watershed for Boulder Creek including two main areas where gold was recovered by Cominco (along with others). These areas are known as Big Chief and Gold Hill. Both areas are believed to be major contributing sources for the incredible resources found in the Wild Horse River and as such have tremendous potential. While gold was discovered on the property, the gold price in 1900 did not support extensive hard rock exploration at the time.

The property has been overlook and sat dormant for many years. American Creek was very fortunate to acquire a property with such a rich history and such huge potential. The property was acquired in 2015 and hard rock exploration will begin in 2016.

INTERVIEW: betterU (BTRU:TSX-V) $30 Million Marketing Plan Reaches 100 Million Potential Customers Every Week $BTRU.ca

Posted by AGORACOM-JC at 8:51 AM on Wednesday, April 19th, 2017

Esports en route to becoming an Olympic sport $GMBL.us

Posted by AGORACOM-JC at 11:07 AM on Tuesday, April 18th, 2017
  • Alibaba is venturing out of e-commerce and further into esport
  • Company’s sports subsidiary, Alisports, has joined with the Olympic Council of Asia to bring esports to the Asian Games.

Esports will appear at next year’s Games in Indonesia as a “demonstration,” Alibaba said, but will be a medal sport in China’s 2022 Games. The Asian Games are recognised by the International Olympic Committee, meaning in 2022 esports will be an official Olympic sport.

Esports is a growing market that is expected to garner 191 million global enthusiasts by the year’s end, according to research firm Newzoo. As of last April, the industry was worth over $450 million — a number expected to grow to $1 billion by 2019.

That growth is manifesting in many ways. Not only is esports now technically an Olympic sport, the NBA will soon be creating its own esports league, and there are gaming schools to groom the next generation of pros.

Alibaba’s affinity with the market is not new. The company invested $150 million in the International e-Sports Federation last year and organised a worldwide tournament featuring a prize pool of more than $5.5 million.

Source: https://www.cnet.com/news/esports-olympic-games-asia/

AGORACOM Welcomes BetterU Education Corp. (TSX-V:BTRU) with $30M marketing investment deal signed, ability to reach 100M potential learners each week $BTRU.ca

Posted by AGORACOM-JC at 4:50 PM on Wednesday, April 12th, 2017

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CONNECTING GLOBAL EDUCATION WITH THE INDIAN MARKETPLACE

WHY BETTERU EDUCATION?

  • Partnering with leading content providers from around the world
  • Promoting / managing quality online education in India
  • Marketplace’ has been designed to represent our educators programs

TIMES OF INDIA PARTNERSHIP

  • betterU signed a 150 Crore (approx $30 million) marketing investment deal with Bennett Coleman Company Ltd. (Times Group)
  • Provides betterU with significant market visibility
  • Enables betterU to be promoted across upwards of 80% of the country by means of newsprint, radio, digital, TV, OHH and Medianet
  • Bringing awareness to marketplace, education partners’ programs to the mass population of the country on a weekly basis.

THE MODEL

  • Provides mass marketing across India (Newsprint, Radio, TV, Digital, and Magazine),
  • Collects all registrations and payments, then through back end coding, connect the learner to the content partner’s course
  • Holds back 20% to 50% of revenues collected as their fee

WHY INDIA

  • Indian Government has mandated to educate and skill up 500 million people by 2022
  • Focused on digitizing the country
  • National Skills Development Corporation has a directive to educate and skill up 150 million people in India
  • Online education is the only way these mandates can be accomplished
  • India is expecting to double in online education sales from $20B to $40B this year.

Investment Highlights

Market: Access to ‘high-barrier to entry’ Indian market through current Indian operations.

First Mover: Potential to become leading “global education marketplace” in India.

Developed Product: GENERATING REVENUE!

Unmatched Variety: Over 6,500 courses available.

Wide Audience: K-12, exam preparation, skills development, higher-ed and more.

Product Expansion Opportunities: B2B, B2C learning and employment solutions.

INFRUSTRUCTURE 

  • Established an Indian entity in order to effectively do business in India
  • Ability to collect from 200 different payment methods in India
  • People on the ground in India
  • Established strong relationships with institutions, training partners and leaders across multiple sectors.

STOCK CHART

FEATURE: AIM Exploration (AEXE: OTC) Exploring Anthracite Coal, The Highest Quality Metallurgical Coal Available $AEXE.us

Posted by AGORACOM-JC at 10:35 AM on Wednesday, April 12th, 2017

  • Coal is the world’s largest source of energy for the production of electricity.
  • 1 billion tons of coal used in global industrial steel production each year.
  • There are zero alternatives to coal in the industrial steel-making process.

Anthracite Coal

What Is It and Why This Is So Important?

Anthracite is officially classified as coal however it is not just another fuel, anthracite should not be confused with just ordinary bituminous coal.

Anthracite is the highest quality metallurgical coal available, clean burning, hard coal with the highest carbon content of any coal, very energy efficient and even burns smoke free.

This premium coal represents only 1% of world coal reserves.

The Cleanest Burning Solid Fossil Fuel

Anthracite is an almost pure form of carbon. It has a very high heat value, and very low levels of sulphur and other impurities. This makes it not only the most sought after home heating fuel but also a much sought after, high quality component for a number of industries.

The anthracite coal extracted from the AIM coal concessions in Peru have been tested by the world-wide highly regarded SGS labs and the findings indicate a very high fixed carbon, very low ash and sulpher content with a high calorific value.

AIM would be pleased to provide the analysis upon request.

Why Does the World Need Anthracite Coal?

As a result of its attributes, anthracite coal trades at prices substantially higher than thermal coal and has a lower environmental impact. High quality anthracite is increasingly sought for by the steel industry, always under pressure to reduce costs and improve margins.

Metallurgical coal together with iron ore is the principal raw materials used to make steel. As such, it supports an improved quality of life for all of us through its use in the construction of homes and hospitals, and in the production of everything from mass transportation vehicles to wind turbines.

Due to its high carbon content and low volatiles, anthracite is more reactive and efficient with respect to energy released than the lower–ranked coals and consequently has a lower environmental impact due to the lower greenhouse gas emissions.

The industry most commonly associated with anthracite is the steel industry.

Within the steelmaking industry, anthracite is used in three processes

  1. Pulverized coal injection
  2. Basic Oxygen Steel
  3. Electric Arc Furnaces

Present Activities

  • Anthracite Samples from AIM's PropertyAssets encompass 1,000 hectares of mining concession property consisting of three sites of 600, 200 and 200 hectares respectively.
  • Percana SA initially acquired these properties based on indications of the presence of high grade anthracite coal. Illegal artisan miners are currently operating multiple one-entry mines on the property, which further indicates the presence and mine-ability of these deposits.
  • To verify the geology and quality of the coal, Percana SA commissioned local geologists to compile a technical report on the 1,000 hectares. Although the report yielded optimistic estimates of resources, reserves and economics, it does not meet public reporting standards.

LOCATION

  • located in Huaranchal, which is one of ten districts in the province of Otuzco.
  • Two-hour drive from Trujillo (the second largest city in Peru), and an equal distance to the city of Otuzco.
  • Also strategically located 200km from Salaverry, which features a port that can service ships with capacities of up to 35,000 tons. The Port of Salaverry provides direct access to the Pacific Ocean.

INFRASTRUCTURE


Water

A river adjacent to the property provides access to water for mining operations. However, most of the coal on the property may be extracted with minimal or no coal washing.

Power
Power lines cut through the property, although Aim is yet to ascertain the capacity of these lines. The company expects to use diesel powered equipment for most of its mining activities.

Roads
The first half of the road from the property to Otuzco is along steep mountainsides and can support 25-ton trucks. The next half of the road to Otuzco is better maintained and can also support 25-ton trucks. The road from Otuzco to the Port of Salaverry is well constructed, paved, and has bridges that can support up to 50-ton loads. This will facilitate smooth hauling of coal to the port.

Besides accessibility to water, transportation and electricity, there are also small villages on the property with ample accommodations and restaurants to service exploration crews and other travelers.

Market Potential

  • Highly desirable resource with a variety of uses. I
  • Primarily used in the manufacturing of steel, the production of cement, and the generation of electricity.
  • 70% of the steel produced globally relies on coal (World Coal Association, 2013); 200kg of coal is required to produce one ton of cement (Van Oss, 2012); and 41% of global electricity production relies on coal (Clemente, 2012).
  • Highest ranking coal because it is older and harder, contains more carbon, has lower moisture content, and burns hotter than any other type of coal. Comprising only 1% of global reserves, anthracite is also the cleanest burning fossil fuel on the planet (Cornerstone, 2013).

Once the joint venture with Prina Energy Aim intends to sell its output to international customers through the joint venture corporation concentrating the marketing efforts in India.

  • Unavailability of Anthracite Coal in India creates a huge potential for coal as a fuel for Indian Steel industry, which is growing on progressive and steady pace.
  • Huge scope for growth is offered by India’s comparatively low per capita steel consumption and the expected rise in consumption due to increased infrastructure construction and the thriving automobile and railways sectors.

Competitive Advantage

Aim has a variety of advantages. The company has a team of technical experts on ground in Peru, and has also recruited advisors and directors who bring complementary skills to the venture. In terms of infrastructure, power lines run through Aim’s property, while a river runs adjacent to the site. The road network from the site to Otuzco can support 25-ton trucks. From Otuzco to Salaverry, the road is paved and well maintained, and can support up to 50-ton trucks. There are also accommodation facilities close to the property that can cater to Aim employees and contractors. Other advantages include competitive labour wages in Peru, and competitive storage and stevedoring costs at the port together with the ability to extract deposits with minimal or no coal washing.

Stock Chart

Durango Receives OK to use Limestone as Fertilizer $DGO.ca

Posted by AGORACOM-JC at 9:50 AM on Wednesday, April 12th, 2017

Logo

  • Management confirms its limestone is suitable for fertilizer use
  • Limestone is extremely beneficial for the agricultural industry including its use as a soil conditioner

Vancouver, BC / April 12, 2017 – Durango Resources Inc. (TSX.V-DGO) (OTC-ATOXF), (the “Company” or “Durango”) announces that further to the news of April 5, 2017 management confirms its limestone is suitable for fertilizer use.

Upon review, it was determined that Durango’s limestone is exempt from the registration process of the Canadian Food Inspection Agency (CFIA). The limestone is still subject to regulations and required to meet all the standards and requirements set forth in the Fertilizers Act and Regulations. Fertilizer and supplement products are regulated under the authority of the Fertilizers Act, which is administered by the CFIA.

Limestone is extremely beneficial for the agricultural industry including its use as a soil conditioner. The limestone is activated when it meets with water and dissolves into the soil, which lowers the acidity and raises the pH, which is essential for crop yields. The lime also adds desirable nutrients to the soils such as calcium, magnesium and phosphorus, which can improve soil structure, increase rates of air and water filtration, improve plant cell wall formation, and help regulate the nutrient uptake through the roots of the plant. Hydroponic-type systems are more prone to incur a calcium deficiency and require the use of limestone.

Marcy Kiesman, CEO of Durango stated, “Durango is fortunate to have highly favourable grades of limestone on the Mayner’s Fortune property. This creates additional opportunities for potential end-users which Durango will now actively investigate commercial-use mediums for its limestone due to the recent CFIA discussions.”

About Mayner’s Fortune

The Mayner’s Fortune property is located 7.5 kilometres southwest of Terrace, B.C., along the CN rail route between Terrace and Kitimat and hosts six historically mapped subparallel limestone units. Durango completed two exploration visits on the Mayner’s Fortune project in the late fall of 2016, which included sampling to test limestone quality and mapping substantiate historic reports. Assays of results of February 8, 2017 and December 14, 2016 achieved CaCO3* (calcium carbonate) (56.00 per cent CaCO (calcium oxide)).

*Theoretical value of CaCO3 is calculated based on the assay value of CaO at 1.78476 per cent and is used to estimate limestone (CaCO3) composition. This calculation assumes all CaO analyzed is present at CaCO3.

About Durango

Durango is a natural resources company engaged in the acquisition and exploration of mineral properties. The Company has a 100% interest in the Mayner’s Fortune and Smith Island limestone properties in northwest British Columbia, the Decouverte and Trove gold properties in the Abitibi Region of Quebec, and the NMX East lithium property near the Whabouchi mine and the Buckshot graphite property near the Miller Mine in Quebec, the Whitney Northwest property near the Lake Shore Gold and Goldcorp joint venture in Ontario.

For further information on Durango, please refer to its SEDAR profile at www.sedar.com.

Marcy Kiesman, Chief Executive Officer

Telephone: 604.428.2900 or 604.339.2243

Facsimile: 888.266.3983

Email: durangoresourcesinc@gmail.com

Website: www.durangoresourcesinc.com

Forward-Looking Statements

This document may contain or refer to forward-looking information based on current expectations, including, but not limited to the acquisition of additional ground, the entering into of any transaction with any third parties, exploration results on the Mayner’s Fortune Property and the impact on the Company of these events. Forward-looking information is subject to significant risks and uncertainties, as actual results may differ materially from forecasted results. Forward-looking information is provided as of the date hereof and we assume no responsibility to update or revise them to reflect new events or circumstances. For a detailed list of risks and uncertainties relating to Durango, please refer to the Company’s prospectus filed on its SEDAR profile at www.sedar.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.

St-Georges Release More Information on the Thor Gold Project & Arrange Financing $SX.ca

Posted by AGORACOM-JC at 2:55 PM on Tuesday, April 11th, 2017

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  • Project is part of the recent string of acquisitions by St-Georges
  • Located in the southwest portion of Iceland, about 20 km east of the city center of Reykjavik
  • Conditional to regulatory approval, company is proposing an equity financing of up to $500,000 that could be increased by a 20% over-allocation under certain conditions

Montreal, Quebec / April 11, 2017 – St-Georges Platinum and Base Metals Ltd. (CSE: SX) (OTC: XOOF) (FSE: 85G1) is pleased to present further information on its Thor exploration & development project in Iceland.

Please refer to our March 16, 2017 news release posted on the CSE or our website at www.st-georgesplatinum.com for additional information on location and terms.

Thor Joint-Venture Gold Project

The Thor Project is part of the recent string of acquisitions by St-Georges. The project is located in the southwest portion of Iceland, about 20 km east of the city center of Reykjavik. This area is an active rift zone.

A new internal report completed for St-Georges by Dr. Natasha Henwood, as part of the due diligence process for the acquisition of Iceland Resources, summarizes the previous work programs including the most recent work conducted in 2013. The report includes recommendations to bring the project forward to a resource estimate. St-Georges management is in contact with independent consultants in order to commission a National Instrument 43-101 Technical Report later this spring for the Thor project.

The work Dr. Henwood reviewed confirms the existence of high grade gold values contained in a low sulphidation epithermal system. The mineralized system is comprised of early banded chalcedony-ginguro veins cut by later silica-feldspar veins, and then remobilized faulting with clay gouge and disseminated sulfides.

The previous work program included detailed geologic mapping, petrography, stream sampling and core re-sampling and assaying. Geologic mapping proved difficult because of thick vegetation. Less than 10% of outcrop is available for mapping. Much of the outcrop is limited to ridge tops, cliffs and stream bottoms. The field works in conjunction with structural interpretation from aerial photos have given some limited perspective to geologic and structural controls for mineralization.

A review of past core drilling provided additional important information, Dr. Henwood determined that:

-True thickness on the vein intercepts ranged from 2.2 to 11.4 meters.

-Current length is 560 meters based on drill intercepts (Figure 2).

-Depths of mineralized intervals in core are from surface to 80 meters.

-Gold to silver ratio is approximately 2:1 with some variations.

The work completed on petrology, stream sampling, and core logging and re-assaying provides a strong argument for multiple episodes of gold deposition. Dr. Greg Corbett visited the property in 2004. He postulated plunging, high grade shoots of gold mineralization associated with extensional faulting (Figure 1). His work and drilling conducted on the vein system have shown the vein is open to the north. Stream sampling suggests the vein system may also extend to the south even though drilling appears to cut it off.

The core resampling program indicated substantial repeatability of higher grades of gold. However, no resamples were conducted on low and moderate grade samples in 2013. Historic sampling of the low and moderate grades was generally less than 10% difference. This problem will likely require twinning of past high grade drill holes with larger core.

Figure 1: Structural model for Iceland (Corbett 2004)


Click Image To View Full Size

The poor repeatability of the higher grade samples can be attributed to nugget effect and the current condition of the available core. Much of the resampling (12 of 15 samples) exceeded a 10% difference between the original 2006 sampling and the 2013 sampling. Eight of the samples measured significantly higher (24% to 286%) while 3 were significantly lower (-27% to -42%). Table 1 below shows the results of the sampling of best grades correlation of resampling of these intervals.

Table 1 – Results showing 2006 assays and 2013 re-assay

 


Click Image To View Full Size

 

Figure 2: Plan map of Thor project with drilling and vein intercepts.
Click Image To View Full Size

Past work along with Dr. Henwood’s summary analysis provides an excellent framework for St. Georges upcoming work programs. The company is determining the best geophysical methods to test for extensions of the known mineralization along strike and at depth. A drill program will then be permitted to test the results. The drilling will target specific high grade gold shoots based on past drilling and Dr. Corbett’s model. Deeper drilling will assess the gold encountered at depths of 420 meters with the goal of identifying additional high grade resources.

Financing

Management has been approached by different parties to finance the company. Conditional to regulatory approval the Company is proposing an equity financing of up to $500,000 that could be increased by a 20% over-allocation under certain conditions.

Terms

$0.03 per unit. Each unit includes one common share and one unit special warrant. Each unit’s special warrant will have an execution price of $0.06 and an 18 months life span. When executed the special unit warrants will enable the warrant holder to acquire one common share and one standard warrant. The standard warrant will be valid for 18 month concurrently to the special warrant and bear an execution price of $0.12. This warrant will allow the holder to receive one common share. All securities issued under this financing will be restricted from resale for 4 months.

If all warrants are executed, the holder of the units would have acquired 3 common shares for each unit subscribed at an average of $0.07 per share.

Related Parties Participation

Insiders and related parties, including geological contractors in Iceland may decide to participate in this financing. Insiders and related parties will participate on the basis of a voluntary 18 months restriction on the common share subscribed.

Multilateral Instrument 61-101

Given the proposed participation of the insider holders, the proposed financing constitutes a “related party transaction” within the meaning of Multilateral Instrument 61-101 – Protection of Minority Security holders in Special Transactions (“MI 61-101″).

St-Georges is relying on an exemption to both the formal valuation and the minority shareholder approval requirements of MI 61-101, as neither the fair market value of the Units to be distributed to, nor the fair market value of the consideration to be received by St-Georges from the insider holders in connection with the proposed financing exceeds 25% of St-Georges’ share capitalisation.

The technical information in this release has been reviewed and approved by Mr. Herb Duerr, P. Geo. a ‘qualified person’ as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects.

ON BEHALF OF THE BOARD OF DIRECTORS

“Frank Dumas

FRANK DUMAS, PRESIDENT & CEO

About St-Georges

St-Georges is developing new technologies to solve the biggest environmental problems in the mining industry. If these new technologies are successful, they should improve the financial bottom line of current mining producers. The potential success of these technologies would also involve upgrading certain current known metal resources to economic status while addressing the environmental and social acceptability issues.

The Company control directly or indirectly all of the active mineral tenures in Iceland. It also explores for Nickel on the Julie Nickel Project & for industrial minerals on the Quebec’s North Shore and for Lithium and rare metals in Northern Quebec and in the Abitibi area. 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.st-georgesplatinum.com

The Canadian Securities Exchange (CSE) has not reviewed and does not accept responsibility for the adequacy or the accuracy of the contents of this release.

THE NEW TIMMINS GOLD BOOM? $EXS.ca

Posted by AGORACOM-JC at 12:18 PM on Tuesday, April 11th, 2017

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  • GOLDCORP IS SPENDING BILLIONS
  • NEW MILL AT 50,000 TONNES PER DAY IN AS LITTLE AS 2-3 YEARS
  • SOURCES REPORT GOLDCORP QUIETLY ACQUIRING CLAIMS IN THE REGION

Restaurants are busy, with lineups out the door.  Hotels are fully booked, and rental properties are scarce. We would expect that in New York City or Hong Kong, but this is Timmins,a small city 435 miles north of Toronto, with an official population of 41,788.WHY is this small mining town buzzing with activity? Are these tourists? Scanning the restaurant patrons and hotel guests, I’m not seeing travel brochures, binoculars, or fishing rods.

After reading the latest couple of postings on Agoracom’s  Explor Resources Discussion Forum, I was intrigued by some of the commentary offered by one of our regular contributors. Apparently, the influx of new faces is coming from a growing number of engineering firms & contractors, that are flooding into Timmins in response to the proposed construction of a huge, new mill by Goldcorp. That has incredible potential ramifications for junior resource companies in the area, most notably, in our opinion, for Explor Resources, (EXS-TSX.V; EXSFF-OTCQB; E1H1-FRFT/BE), one of our featured Junior Gold & Base Metals exploration companies.

GOLDCORP IS SPENDING BILLIONS

Sources tell us that Goldcorp has spent over $50 Million to date on a study to expand their existing Dome Open Pit and build a 50,000 tonne per day Gold mill. I’m also hearing they intend to spend some $2Billion to develop and produce their Gold assets in Timmins. That’s huge news.However, never willing to buy into thegrand,& often exaggerated stories from miners and drillers, we decided to do our own research and found significant corroborating evidence backing up the rumours.

Specifically, Goldcorp Porcupine Gold Mines Mine Manager, Marc Lauzier, made the following statement in December, 2016, in an article that exposed the possible re-opening of the Dome Open Pit mine in Timmins Porcupine:

What weve basically done is stitched together all the (geologic) models from the underground and the surface and re-ran a new pit shell.  What that determined, when we ran a new pit shell, was that we had the potential for a deeper open pit (Gold mine) than the initial open pit that was there.

NEW MILL AT 50,000 TONNES PER DAY IN AS LITTLE AS 2-3 YEARS

Further, Goldcorp President, David Garofalo, made an even bolder statement during the company’s Q3 presentation when he stated:

“I view it as the cornerstone of (Timmins) Porcupine moving forward, he explained. “We’re envisioning a new mill, much higher throughput, probably three or four times the throughput we have now at our existing mill, which is about 11 or 12 thousand tonnes a day.

Another reliable source told us that “sterilization drilling” is currently taking place to ensure no economic Gold ore is under the proposed new structure.  “It’s not cheap. A few million dollars easy”. A structure of this size would have an enormous foot print and you don’t want it sitting on top of the very Gold it’s supposed to process.

Moreover, one of our sources claims,“Goldcorp have all the permits in place, with the exception of the construction permit, which is the easiest one to get. As such, the new mill could be up and running within 2-3 years if they started today.

What will happen to the old mill Garofalo mentioned above? Sources tell us the old mill IS sitting on top of a Gold ore body, “which means it has to go.  If it has to go, it has to be replaced before it goes.  This statement was supported by an article that stated:

“With the opportunity to extend the Dome Open Pit (Gold mine), new infrastructure would be required as the current mill, processing plant and administration building sit on top of what is envisioned to be the extended open pit.

Summing up, the rumours of a $2Billion, 50,000 ton a day mill development plan appear to have a basis in fact, bearing in mind the Garofalo & Lauzier comments, and all the new faces in Timmins.Goldcorp’s CEO Garofalo isn’t just “envisioning” a new mill, it appears to be underway.

SOURCES REPORT GOLDCORP QUIETLY ACQUIRING CLAIMS IN THE REGION

Its common knowledge that Goldcorp’s Regional Gold mining operations are insufficient to support a 50,000 ton a day mill. So where is the mill feed going to come from? “Therefore, we will have to acquire more projects. Apparently,Goldcorp has been quietly picking up privately held Gold claims in the region. Further, our sources are telling us Goldcorp has been acquiring ground around the open pit, just to provide them with additional breathing room needed to accommodate the development.

WHICH SMALL CAP COMPANY STANDS TO BENEFIT THE MOST?

With all of this Goldcorp action taking place in Timmins, there are a number of small Gold exploration companies that could stand to benefit. Having researched a number of these, the one Ifeel will benefit the most is Explor Resources. (TSX VENTURE:EXS) (OTCQX:EXSFF) (FRANKFURT:E1H1) (BERLIN:E1H1)

Yes, they are a sponsor of AGORACOM, so assume we are horribly conflicted.  Here are the facts for you to consider:

  • Explor’s flagship project is the Timmins Porcupine West (TPW) Gold deposit,
  • It is located less than 7miles SE of the new Goldcorp mill.
  • The established strike length of Explor’s Gold deposit to date is 2,000meters (1.25miles), ‘open’ at both ends, and ‘open’ at depth.
  • The ‘Discovery Hole’ 10-30 assayed9.22gr per tonne over 11.0 meters.
  • The property hosts the largest ‘porphyry’ ever found in the Timmins Mining Camp, or the entire legendary Abitibi Greenstone Belt, home of The Dome, McIntyre, & Hollinger Mines, to name just a few.
  • According to Chris Dupont, President & CEO of Explor, only about 30% of the porphyry has actually been explored, so it has the potential to be one of the largest Gold deposits ever found in Canada.
  • Estimates suggest Explor’s TPW porphyry is easily 7-10 times larger than Goldcorp’s own Hollinger pit, which hosted and produced 19,327,691ounces of Gold by the time it shut down.In a recent article on MetalsNews.com Dr. Allen Alper, PhD Economic Geology and Petrology, Columbia University, NYC, a well-knownMining expert,stated“The Timmins Porcupine West (TPW) GOLD deposit model your team created, appears to suggest a potential of 25-30 Million ounces of GOLD in the ground”.

Given Goldcorp’s massive undertaking in Timmins, it stands to reason the TPW Gold Resource has become a very valuable target. Clearly,Goldcorp does not have enough ore to feed a 50,000 ton a day mill, and, logically, they will have to try to consolidate players or projects in the area, including Explor Resources to fulfill their needs.To this end, one of our sources stated,“You don’t build it for just 5 million ounces – but if you add everybody else’sexisting resource, you can easily get to 20 million ounces and more”.

                                                            US$250MILLION MORE REASONS

Explor has 250 Million more reasons to be attractive to Goldcorp.

The TPW Net Smelter Return Royalty (NSR) of 3%, originally negotiated in a deal with Dome Mines …. but now owned by Goldcorp! Under the Royalty Agreement, Explor Resources has the right to buy back 1% of the 3% for just $1million,leaving a lot of money on the table for Goldcorp. For example, if the TPW ended up containing 20 million ounces, the 1% royalty could actually be worth $US250million. (i.e. 20Million ounces x 1% = 200,000 @ US$1,250ounce).

Clearly, Goldcorp.has 250 Million reasons to take a serious look at Explor’ TPW.

With Goldcorp clearly on the move in Timmins and Explor Resources holding both a resource and an NSR of great potential value to Goldcorp, value that is far beyond the current market capitalization of Explor, you have all the reasons necessary to take a serious look at Explor Resources as well.

Canadian based funds holds significant positionsin Explor Resources and we are also told major European investment fundsalso holds meaningful positions.

Explor Resources Inc. TSX.V:EXS, OTCQB:EXSFF, FRANKFURT/BERLIN:E1H1

http://www.explorresources.com/

http://agoracom.com/ir/Explor

http://agoracom.com/ir/Explor/profile

Skype Interview With Explor Resources President, Chris Dupont, March 13, 2017

AGORA Internet Relations Corp. holds shares of Explor Resources. We receive either monetary or securities compensation for our services. We stand to benefit from any share appreciation this write-up may generate. The information contained in such write-ups is not intended as individual investment advice and is not designed to meet your personal financial situation. Information contained in this report is obtained from sources we believe to be reliable, but its accuracy cannot be guaranteed. The opinions expressed in this report are those of AGORA Internet Relations and are subject to change without notice. The information in this report may become outdated and there is no obligation to update any such information. Do your own due diligence.