Agoracom Blog

Durango Signs Right of First Refusal on Historic Lithium Surface Hot Spring

Posted by AGORACOM-JC at 2:13 PM on Tuesday, January 19th, 2016

  • Entered into a right of first refusal on a hot spring property located in northern British Columbia with historic lithium values
  • Force Awakens property is a lithium rich hot spring listed in the Geological Survey of Canada in paper 73-1 and reports, “a high content of lithium”

Vancouver, BC / January 19, 2016 – Durango Resources Inc. (the “Company” or “Durango“) announces that it has entered into a right of first refusal on a hot spring property located in northern British Columbia with historic lithium values.

The Force Awakens property covers a BC minfile occurrence #103I 004, which is a lithium rich hot spring listed in the Geological Survey of Canada in paper 73-1 and reports, “a high content of lithium”.

The Force Awakens project is adjacent to the highway, southwest of Terrace, BC and is in very close proximity to the previously announced acquisition, Mayner’s Fortune Property. The property location is along the highway between Terrace and Kitimat; Kitimat being the location of the recently approved 40 year LNG export licence of LNG Canada, so ample infrastructure exists in the area.

Marcy Kiesman, Durango’s CEO stated, “The project is in an area that the Company is very familiar with and allows for easy low cost sampling and exploration so Durango is looking very closely at this lithium property.”

Lithium is used in several capacities, including in electric vehicle batteries such as TESLA (Nasdaq symbol TLSA). A recent report issued by Goldman Sachs dated December 2, 2015 called, “Lithium the new gasoline” http://www.goldmansachs.com/our-thinking/pages/macroeconomic-insights-folder/what-if-i-told-you/report.pdf.

An article on www.mashable.com by Adario Strange dated January 11, 2016, titled “Tesla’s Elon Musk claims and Apple Car is in the works” outlines Musk’s belief that APPLE Inc. (Nasdaq symbol AAPL) is working on developing and electric Apple car.

About the Mayner’s Fortune Prospect

The Mayner’s Fortune limestone property is located in the Skeena Mining Division approximately 7.5 kilometres south west of Terrace, BC and 4 kilometres west of Lakelse Lake on Lakelse River. The property is located adjacent to the CNR railway line running between Terrace and Kitimat, less than 50 kilometres away from the proposed LNG (liquefied natural gas) site at Kitimat, BC.

About Durango Resources Inc.

Durango is a natural resource company engaged in the acquisition and exploration of mineral properties. In addition to the Mayner’s Fortune and Smith Island limestone projects, the Company holds a 100% interest in the Decouverte and Trove gold properties in the Abitibi Region of Quebec, and the Buckshot graphite property near the Miller Graphite mine in Quebec.

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

Marcy Kiesman, Chief Executive Officer

Telephone: 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 timing of mineral resource estimates, future exploration or project development programs, execution of a definitive agreement, raising of funds, obtaining regulatory approvals 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.

KWG and China Railway First Survey & Design Institute Group Co., Ltd. Sign MOU

Posted by AGORACOM-JC at 10:06 AM on Tuesday, January 19th, 2016

  • Signed a Memorandum of Understanding today setting out the terms for mutually proceeding with a feasibility study for the design and financing of a railroad
  • Parties have agreed that a delegation of FSDI professionals will travel to Ontario for initial consultations prior to mid-March 2016
  • Memorandum of Understanding was facilitated by Golden Share Mining Corporation (TSX VENTURE:GSH), KWG’s agent in China

XI’AN SHAANXI, CHINA–(Jan. 19, 2016) - KWG Resources Inc. (CSE:KWG) (FRANKFURT:KW6) (“KWG”) and China Railway First Survey & Design Institute Group Co., Ltd. (“FSDI”) have signed a Memorandum of Understanding today setting out the terms for mutually proceeding with a feasibility study for the design and financing of a railroad. The parties have agreed that a delegation of FSDI professionals will travel to Ontario for initial consultations prior to mid-March 2016. The Memorandum of Understanding was facilitated by Golden Share Mining Corporation (TSX VENTURE:GSH), KWG’s agent in China.

KWG has engaged Intercedent Limited, of China and Canada, to advise globally on the transaction.

The right-of-way staked and assessed by KWG subsidiary Canada Chrome Corporation will provide the alignment for the route. The First Nations whose traditional territories are traversed by the route will first be consulted to insure that their interests are accommodated, prior to further definitive agreements being undertaken by the parties.

About FSDI:

Established in 1953, China Railway First Survey & Design Institute Group Co., Ltd. (“FSDI”) holds 26 national Grade-A complex qualification certificates for engineering survey, design, supervision and consultation.

Over the past 60 years since establishment, FSDI has led the design and construction of over 48,000 km of railways represented by western China’s railway network, and undertaken over 5,000 km of high-speed railways which have been in operation or are under construction in China.

FSDI has undertaken rail transit projects in over 30 cities of China, fully covering the whole process or industrial chain of planning, design, consultation, supervision, EPC and general property development of means of transport such as subway, light rail and tramcar. It has also undertaken railway, highway and subway consultation and design projects measuring a total of over 2,000 kilometers in over 40 countries.

FSDI’s complete survey & design technologies have been up to domestic or world advanced standards in fields such as mountain railways, plateau permafrost railways, desert railways, electrified railways, super long tunnels, large railway hubs or marshalling stations, wireless train control, command scheduling systems, and large interchange engineering.

About KWG:

KWG has a 30% interest in the Big Daddy chromite deposit and the right to earn 80% of the Black Horse chromite where resources are being defined. KWG also owns 100% of CCC which has staked claims and conducted a surveying and soil testing program, originally for the engineering and construction of a railroad to the Ring of Fire from Aroland, Ontario. KWG subsequently acquired intellectual property interests, including a method for the direct reduction of chromite to metalized iron and chrome using natural gas. The Company is prosecuting patent applications for both the direct reduction method and for a method of producing high purity chromium metal by continuous smelting.

Shares issued and outstanding: 871,418,968

Bruce Hodgman
Vice-President
416-642-3575
info@kwgresources.com

American Creek Resources – Electrum Project High Grade Specimens Average 27,092 gm/t Silver and 248 gm/t Gold

Posted by AGORACOM-JC at 9:16 AM on Tuesday, January 19th, 2016

  • Results from outcrop specimens of high grade material collected on its Electrum property from the Shiny Cliff vein on the North Face Showing
  • Specimens from the structure averages 27,092 gm/tonne silver and 248 gm/tonne gold

CARDSTON, ALBERTA–(Jan. 19, 2016) - American Creek Resources Ltd. (TSX VENTURE:AMK) (“American Creek”) is pleased to provide results from outcrop specimens of high grade material collected on its Electrum property from the Shiny Cliff vein on the North Face Showing.

Twenty-two specimens were collected along a central druzy quartz vein, approximately 35 cm wide, infilled with dark grey mineralization. The specimens from the structure averages 27,092 gm/tonne silver and 248 gm/tonne gold.

The following table lists the results.


The American Creek 2015 fall exploration program focused on the Shiny Cliff area. Its objective was to gain a better understanding of the geological structures present and to test a newly developed exploration concept and approach for the property.

A specialized diamond coring drill was utilized which had the capability to drill flat holes and which provided the ability to drill targets of interest with more precision. Approximately 100 grab specimens were collected from various locations on the property and eight shallow diamond drill holes totaling 1020 feet were drilled.

Drilling was carried out 15 metres to the southeast towards the Shiny Cliff showings. Our current understanding of the larger structure which hosts the high grade specimens from the Shiny Cliff showings are that the alteration zone is roughly 10 metres wide containing 3 veins. The structure strikes NorthWest and dips steeply to the SouthWest into the hillside. The Shiny Cliff Vein material assayed is interpreted to be the central of the 3 veins intersected by the drilling.

Precious metal values for all specimens were measured by the accurate, but destructive, fire-assay. 50 gram specimens were fire assayed by Bureau Veritas Minerals Laboratories (BVML) services in Vancouver, Canada. The technique used lead collection fire assay fusion for total sample decomposition, digestion of the Ag dore bead and the gold bead is then analyzed by gravimetric method. It should be noted that an extra equipment wash with silica between specimen pulverizing was in place to reduce sample cross contamination.

Additional assays results, along with an interpretation of those results, will be released in the near future after further analysis has been completed.

The Electrum project is 100 per cent owned by American Creek and is located in the Golden Triangle, north of Stewart, B.C., a region known for its dynamic, large scale precious metal exploration and mining activities

The Electrum project (historical East gold mine) is located approximately 25 km south of Pretivm’s Brucejack gold mine. The Electrum is road accessible and is only 45 km from world-class concentrate shipping port facilities located in Stewart.

The Qualified Person for the Electrum exploration program is Alex Burton, P. Eng., P. Geo. for the purposes of National Instrument 43-101.

American Creek Resources Ltd. is a Canadian junior mineral exploration company focused on the acquisition, exploration and development of mineral deposits within the Province of British Columbia, Canada.

Information relating to the Corporation is available on its website at www.americancreek.com.

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

American Creek Resources Ltd.
Kelvin Burton
403 752-4040
info@americancreek.com
www.americancreek.com

Durango Provides Update on LNG Canada Proposal

Posted by AGORACOM-JC at 12:54 PM on Monday, January 11th, 2016

  • Announced that LNG Canada, a consortium consisting of Shell Canada Energy (TSX-SHC) and affiliates of PetroChina, Korea Gas Corp., and Mitsibishi Corp. have been granted a 40-year export licence to ship up to 38 billion cubic feet of LNG per year as reported on www.globalnews.ca
  • Scale of the project is comparable to a recently completed project located in Australia, Curtis Island LNG which can be viewed here http://www.bechtel.com/projects/curtis-island-lng/

Vancouver, BC / January 11, 2016 – Durango Resources Inc. (the “Company” or “Durango”) announced that LNG Canada, a consortium consisting of Shell Canada Energy (TSX-SHC) and affiliates of PetroChina, Korea Gas Corp., and Mitsibishi Corp. have been granted a 40-year export licence to ship up to 38 billion cubic feet of LNG per year as reported on www.globalnews.ca.

The scale of the project is comparable to a recently completed project located in Australia, Curtis Island LNG which can be viewed here http://www.bechtel.com/projects/curtis-island-lng/ which outlines the significant amount of materials required to construct an LNG export facility.

Globalnews.ca also reported that LNG Canada has not yet made a final investment decision about the project and Andy Calitz, CEO of LNG Canada stated, “If the LNG Canada project moves into construction, it will be one of the largest energy infrastructure projects ever built in Canada, and will make an important and lasting contribution to the local, provincial and national economy.”

Durango has been in contact with a European LNG group, www.reganosa.com in relation to LNG project discussions and potential collaborations. Additional updates on the Mayner’s Fortune and Smith Island Projects are expected in the upcoming weeks.

About the Mayner’s Fortune Prospect

The Mayner’s Fortune limestone property is located in the Skeena Mining Division approximately 7.5 kilometres south west of Terrace, BC and 4 kilometres west of Lakelse Lake on Lakelse River. The property is located adjacent to the CNR railway line running between Terrace and Kitimat, less than 50 kilometres away from the proposed LNG (liquefied natural gas) site at Kitimat, BC.

About Durango Resources Inc.

Durango is a natural resource company engaged in the acquisition and exploration of mineral properties. In addition to the Mayner’s Fortune and Smith Island limestone projects, the Company holds a 100% interest in the Decouverte and Trove gold properties in the Abitibi Region of Quebec, and the Buckshot graphite property near the Miller Graphite mine in Quebec.

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

Marcy Kiesman, Chief Executive Officer

Telephone: 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 timing of mineral resource estimates, future exploration or project development programs, execution of a definitive agreement, raising of funds, obtaining regulatory approvals 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.

David Mosher Joins the Harvest Gold Board of Directors

Posted by AGORACOM-JC at 2:57 PM on Thursday, January 7th, 2016

  • Announced the appointment of David Mosher as a Director of the Company, effective immediately
  • Mining executive with over thirty-five years experience in Australia, Canada, the United States, Russia, Asia and Africa

Vancouver, BC / January 7, 2016 – Harvest Gold Corporation (TSX.V: HVG) (the “Company”) is pleased to announce the appointment of David Mosher as a Director of the Company, effective immediately. Mr. Mosher is a mining executive with over thirty-five years experience in Australia, Canada, the United States, Russia, Asia and Africa. Over the past decade he has been active in the restructuring, financing and management of a number of resource companies, both private and public. Currently he is an independent director for three public companies.

Most notably in Mr. Mosher’s career, from 1992 to 2008, he was the President and CEO of High River Gold Mines Ltd., a Toronto Stock Exchange listed company involved in the exploration, development and production of gold. In late 1992 he negotiated a JV with TVX Gold Inc. to put the New Britannia Gold Mine in Manitoba, Canada into production, acquired a major equity interest in two producing Russian gold mines and completed a Mining Investment Agreement with the government of Burkina Faso allowing exploration, development and production on the advanced Taparko property. He was responsible for equity financing of over $300 million to support the company’s growth from 1993, which included the development of two open pit mines: the Taparko Gold mine in Burkina Faso, West Africa and the Berezitovoye Gold mine in Russia.

Also noteworthy, as Project Manager of Pancontinental Mining Limited (PML) from 1972 to 1974, a joint venture between PML and Getty Oil, he led the team that discovered and outlined the world’s largest uranium deposit at that time, the Jabiluka uranium project in the Northern Territory of Australia.

Rick Mark, President and CEO of Harvest Gold, states: “I have known and worked with Dave for almost ten years and am delighted he is joining the Company’s Board. His experience speaks for itself. Very few in our industry of exploring, discovering, financing, developing and operating mines have successfully executed all phases of the business and Dave has done it successfully in varied jurisdictions around the world. He is an outstanding geologist and an excellent communicator and adds depth and knowledge to our Board.”

On behalf of the Board of Directors

Rick Mark,
President and CEO,
Harvest Gold Corporation

For more information please contact:

Rick Mark or Jan Urata
@ 604.682.2928 or info@harvestgoldcorp.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.

AGORACOM Hits 35 Million Page Views, 4 Million Visits In 2015, Small Cap Investors Prepared To Re-Enter

Posted by AGORACOM-JC at 12:11 PM on Thursday, January 7th, 2016

We are very pleased to announce that AGORACOM continues to hit significant traffic milestones in the small-cap space, with 34,980,000 (million) page views and 3,900,000 visits to AGORACOM in 2015.  These traffic figures are especially important to Canadian Small Cap Companies for the following 2 reasons:

1.  Despite the significant difficulty faced by Canadian small-caps in 2015, small cap investors still visited AGORACOM 3.9 million times, demonstrating small cap investor desire to find their next great small cap stock.

2.  Despite 2015 being a much worse year for Canadian small caps than the previous couple of years, our traffic numbers were nearly identical to both 2014 and 2013.

All this while the TSX Venture performed as follows for 2013, 2014, 2015

WHAT DOES THIS MEAN? INVESTORS ARE STILL HERE AND WAITING

Despite the fact the TSX Venture Index has fallen more than 58% since 2013 and hit a 21st Century low, traffic to AGORACOM quite clearly demonstrates that small cap investors are maintaining their levels of research and due diligence, which is the exact opposite of what you would expect and what you have heard.  Specifically, rather than abandoning the small cap space for dead, investors are here and paying close attention.

This is a great sign for all of us in the small-cap industry and points to the strong possibility of a recovery in 2016 as investors convert their increased research into increased investments.

WHAT DOES THIS MEAN FOR YOUR COMPANY? START TALKING

Small cap investors are maintaining their research and attention for only one logical reason – to find their next great small cap investment. Where your company is failing is the lack of communication and motivation.  DON’T HAVE MONEY? WE HAVE THE SOLUTION.

THE ONLY COMPLIANT CASHLESS PROGRAM ON THE TSXV & CSE

Put the FULL firepower of AGORACOM behind your company without spending $1 in cash and without breaking Exchange rules via non-compliant “cheque swap” deals (that are going to be cracked down on hard in 2016).
The AGORACOM Shares For Services Program is fully compliant under TSX Venture Policy 4.3 and has already been pre-approved by the CSE.  Highlights include:

  • Shares are issued pro-rata over your 12 month contract;
  • The number of shares issued is determined by your share price at each issuance.  As your share price increases, the number of shares issued decreases;
  • Each issuance comes with customary 4-month hold periods.  As such, AGORACOM is a shareholder for at least 16 months;
  • Not $1 in cash and you still get the full firepower of AGORACOM in 2016.
  • Program Cost – $50,000.

CALL ME TODAY AND START YOUR PROGRAM IN 10 DAYS

I thank-you for reading and trust you found this information to be helpful.  If you’re ready to step into real and sustainable program for 2016, please contact me below.

Best Regards,
George Tsiolis, LL.B
Founder & President
AGORACOM

 

China Railway First Survey & Design Institute Group Co., Ltd. to Negotiate Terms for KWG Feasibility Study

Posted by AGORACOM-JC at 10:26 AM on Tuesday, December 29th, 2015

  • Advised by China Railway First Survey & Design Institute Group Co., Ltd. through KWG’s agent Golden Share Mining Corporation, that an initial analysis by FSDI of KWG’s data has been completed
  • FSDI has indicated that the quality and extent of the data is adequate for FSDI to undertake a Feasibility Study on behalf of the parties
  • meeting to establish terms of reference has been mutually scheduled by KWG and FSDI in January 2016.

KWG to Grant Stock Options, File Revised 43-101

TORONTO, ONTARIO–(Dec. 29, 2015) - KWG Resources Inc. (CSE:KWG) (FRANKFURT:KW6) (“KWG”) has been advised by China Railway First Survey & Design Institute Group Co., Ltd. (“FSDI”) through KWG’s agent Golden Share Mining Corporation (TSX VENTURE:GSH) (“GSH”), that an initial analysis by FSDI of KWG’s data has been completed. FSDI has indicated that the quality and extent of the data is adequate for FSDI to undertake a Feasibility Study on behalf of the parties. A meeting to establish terms of reference has been mutually scheduled by KWG and FSDI in January 2016.

Stock Option Grants:

Following the expiry of 11 million stock option awards on December 21, the Board of Directors of KWG has granted new options to purchase 13.5 million shares, effective December 30, 2015, under its Incentive Stock Option Plan. The options are exercisable for 5 years at $0.05 which is the minimum price permitted under the Company’s listing agreement with the Canadian Securities Exchange. Options to purchase 3 million shares were granted to four Directors, options to purchase 4 million shares were granted to a Director and Officer, options to purchase 3.5 million shares were granted to two Officers, options to purchase 2 million shares were granted to two employees, and options to purchase 1 million shares were granted to two consultants.

Black Horse 43-101 amended:

At the request of the British Columbia Securities Commission (“BCSC”), KWG will file an amended version of the report “National Instrument 43-101 Technical Report, Koper Lake Project Chromite Deposit, McFauld’s Lake Area, Ontario, Canada, Porcupine Mining Division, NTS 43D16, Updated Mineral Resource Estimation Technical Report, UTM: Zone 16, 548460m E, 5842511m N, NAD83” which is now dated December 15, 2015. The report was not previously addressed to the property’s optionor Fancamp Exploration Ltd. as well as the optionee KWG; this has been corrected. Also, on page 58 the description of the limits of the mineral envelope had incorrect distances to the nearest holes; these have now been corrected. Further, on page 59 a new section titled “Determination of Cut-off Grade” has been added. A version extracted from another report done by the authour for nearby chromite deposits, and vetted by the Ontario Securities Commission, was initially provided but BCSC requested more information. It should be noted that the original facts supporting the use of the cut-off chosen still remain. Section 23 (Other Relevant Information) has been amended by removing all mention of the sample analysis program done using a Niton portable X-ray analyser.

KWG was incorporated and is a reporting issuer in the province of Quebec, the primary regulator of its securities distributions. The Company is also a reporting issuer in Nova Scotia, Ontario, Manitoba and Alberta as well as British Columbia, and its shares were formerly listed for trading on the TSX Venture Exchange as well as the Canadian Securities Exchange where they now trade exclusively. The currently-dated report now addresses all issues raised in prior reviews amongst these regulators.

“It is perhaps a measure of the significance of the Ring of Fire discoveries to witness the attention that the characterization and calculation of our chromite resources are receiving from our many regulators,” said KWG President Frank Smeenk. “It is not always fun, but it is certainly resulting in an important constituency of the earth sciences community becoming very well informed about this enormous discovery of new Canadian mineral wealth!”

About FSDI:

Established in 1953, China Railway First Survey & Design Institute Group Co., Ltd. (“FSDI”) holds 26 national Grade-A complex qualification certificates for engineering survey, design, supervision and consultation.

Over the past 60 years since establishment, FSDI has led the design and construction of over 48,000 km of railways represented by western China’s railway network, and undertaken over 5,000 km of high-speed railways which have been in operation or are under construction in China.

FSDI has undertaken rail transit projects in over 30 cities of China, fully covering the whole process or industrial chain of planning, design, consultation, supervision, EPC and general property development of means of transport such as subway, light rail and tramcar. It has also undertaken railway, highway and subway consultation and design projects measuring a total of over 2,000 kilometers in over 40 countries.

FSDI’s complete survey & design technologies have been up to domestic or world advanced standards in fields such as mountain railways, plateau permafrost railways, desert railways, electrified railways, super long tunnels, large railway hubs or marshalling stations, wireless train control, command scheduling systems, and large interchange engineering.

About KWG:

KWG has a 30% interest in the Big Daddy chromite deposit and the right to earn 80% of the Black Horse chromite where resources are being defined. KWG also owns 100% of CCC which has staked claims and conducted a surveying and soil testing program, originally for the engineering and construction of a railroad to the Ring of Fire from Aroland, Ontario. KWG subsequently acquired intellectual property interests, including a method for the direct reduction of chromite to metalized iron and chrome using natural gas. The Company is prosecuting patent applications for both the direct reduction method and for a method of producing high purity chromium metal by continuous smelting.

Shares issued and outstanding: 871,418,968

KWG Resources Inc.
Bruce Hodgman
Vice-President
416-642-3575
info@kwgresources.com

Uragold Not Affect by FerroAtlantica Decision To Pull Out Of Port Cartier, Quebec Project

Posted by AGORACOM-JC at 11:09 AM on Friday, December 18th, 2015

Uragold_new

  • Major silicon metal producer (1st Producer) that confirmed that Roncevaux material is highly suited for their silicon metal production and that has expressed interest in purchasing 20,000 – 50,000 tons annually of High Purity Lump Quartz
  • (2nd Producer) that has requested samples from the Roncevaux Property (See Press Release August 27, 2015) were not FerroAtlantica

Montreal, Quebec / December 18 2015 - Uragold (TSX Venture: UBR) would like to inform its shareholders that the major silicon metal producer (1st Producer) that confirmed that our Roncevaux material is highly suited for their silicon metal production and that has expressed interest in purchasing 20,000 – 50,000 tons annually of High Purity Lump Quartz from Roncevaux (See Press Release March 2, 2015) as well as the second producer (2nd Producer) that has requested samples from the Roncevaux Property (See Press Release August 27, 2015) were not FerroAtlantica.

Bernard Tourillon, Chairman and CEO Of Uragold Stated “The decision of FerroAtlantica to cancel its development projects in Port Cartier, Quebec has no bearing on Uragold business model based on developing our quartz deposits and the implementation of the PUREVAP(TM) Quartz Vaporization Reactor (“PUREVAP(TM) QVR”) Technology for the Solar Industry.”

The PUREVAP(TM) IMPACT – HIGHEST PURITY, LOWEST COST SUPPLIER TO SOLAR INDUSTRY

The PUREVAP(TM) QVR is a proprietary technology (Patent Pending), developed by PyroGenesis Canada Inc., (PYR: TSX-V) to which Uragold has been granted a worldwide exclusive right of usage that uses a plasma arc within a vacuum furnace. This unique One Step technology should allow Uragold to become a vertically integrated and disruptive player in the solar industry through the conversion of its High Purity Quartz Projects into the highest purity, lowest cost supplier of High Purity Si (99.99% Si), Solar Grade Si (6N / 99.9999% Si) and/or Higher Purity Si (9N / 99.9999999% Si).”

$USD 12 BILLION ANNUAL INDUSTRY, GROWING BY 6%+ PER YEAR

The Silicon Metal, Solar Grade Si and/or Higher Purity Si markets are a $USD 12 billion a year industry. Metallurgical Grade Si world consumption topped 2.25Mt in 2014, exceeding $US 6 billion in sales1. About 10% of 2014 global Metallurgical Grade Si production was further refined into Solar Grade Si and and/or Higher Purity Si, worth another $US 6 billion. Propelled by increased demand for Solar Grade Silicon Metal and Polysilicon for photovoltaic solar panels, global Silicon Metal demand is expected to grow by 6%+ per Annum.

Private Placement

Uragold announces that it’s proceeding with a new non-brokered private placement of 8,396,000 units (“Unit”) at $0.05 per Unit for gross proceeds of $419,800. Insider participation in this placement could accounts up to 31% of the total amount subscribed. The net proceeds from the Private Placement will be used for general corporate expenditures and exploration activities.

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 $ 0.07 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 holding period from the date of closing of the placement. The placement is subject to standard regulatory approvals.

The funding will provide Uragold with resources to market our worldwide exclusive technology grant from PyroGenesis Canada Inc. (PYR: TSX-V) to convert our highly coveted High Purity Quartz Projects into the highest purity, lowest cost supplier of Solar Grade Silicon Metal and Polysilicon to the solar industry (See Press Release September 30, 2015).

The Company will pay a cash finder’s fee of $1,278 and issued of 25,560 warrants to Foster & Associates Financial Services Inc. of Toronto, Ontario. Each warrant will give the right to purchase one (1) common share at 7.0 cents for 36 months.

Shares For Services Program

In accordance with the agreement between Uragold and AGORACOM (see Uragold press release July 18, 2014) Uragold Board has approved the issuance of 282,500 common shares at a deemed price of $0.05 per share for the outstanding debt of $14,125 for services rendered during the period from July 16, 2015 ending October 15, 2015.

About Uragold

Uragold, with its worldwide exclusive usage of the PUREVAP(TM) Quartz Vaporization Reactor (“PUREVAP(TM) QVR”), is endeavouring to become a vertically integrated High Purity Silicon Metal (99.99% Si), Solar Grade Silicon Metal (6N Purity / 99.9999% Si) and/or Higher (9N Purity / 99.9999999% Si) producer.

The PUREVAP(TM) QVR process’s big advantage is its one step direct transformation of Quartz High Purity Silicon Metal (99.99% Si), Solar Grade Silicon Metal (6N Purity / 99.9999% Si) and/or Higher (9N Purity / 99.9999999% Si) producer, thereby potentially allowing Uragold to manufacture high value material for the same operating cost presently being paid by traditional producers to make Metallurgical Grade Si (98.5% Si) using the traditional arc furnace approach.

Uragold is also the largest holder of High Purity Quartz properties in Quebec, with over 3,500 Ha under claims. Despite the abundance of quartz, very few deposits are suitable for high purity applications. High Purity Quartz supplies are tightening, prices are rising, and exponential growth is forecast. Quartz from the Roncevaux property successfully passed rigorous testing protocols of a major silicon metal producer confirming that our material is highly suited for their silicon metal production.

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 under 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.

For further information contact

Bernard J. Tourillon, Chairman and CEO Tel (514) 907-1011
Patrick Levasseur, President and COO Tel: (514) 262-9239
www.uragold.com

Durango Applies for Additional Ground Adjacent to NMX and Will Not Proceed with PE Claims

Posted by AGORACOM-JC at 11:22 AM on Tuesday, December 15th, 2015

  • Management has acquired additional applications on ground adjacent to Nemaska Lithium (TSX.V-NMX)
  • Durango currently owns 100% of 23 claim cells covering over 1,240 hectares of ground adjacent to Nemaska Lithium’s proposed Whabouchi

Vancouver, BC / TheNewswire / December 15, 2015Durango Resources Inc. (the “Company” or “Durango“) announces that management has acquired additional applications on ground adjacent to Nemaska Lithium (TSX.V-NMX). Durango currently owns 100% of 23 claim cells covering over 1,240 hectares of ground adjacent to Nemaska Lithium’s proposed Whabouchi mine as posted on the map on the Durango corporate website.

Further to the news releases of November 23rd and December 9th, 2015, Durango will not be proceeding with the lithium brine claims adjacent to Pure Energy in Nevada. After discussions with several possible joint venture partners, Durango was unable to negotiate favourable terms; therefore it will not proceed with the right of first refusal on the East Fault acquisition in Nevada.

The Company will continue to explore in Quebec on the Decouverte and NMX East property due to their close proximity to each other, easy winter road access and the availability of experienced exploration crews.

Durango has applied for ground a few kilometers southeast of Canada Carbon Inc.’s (TSX.V-CCB) Miller property in southern Quebec which has the following historical reference from GM report 01579 in 1951, “…Le gisement consiste en un affleurement plat de calcaire cristallin de 200 pieds de longeur et d’une centaine de pieds de largeur…” which translates “…the deposit consists of a flat outcrop of crystalline limestone 200 feet in length and a hundred feet wide”.

Additionally, Durango looks to explore its northwestern BC LNG related limestone claims in the New Year and will release additional updates as they become available.

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 in Quebec, as well as three sets of claims in the Labrador nickel corridor.

DURANGO APPLIQUE AU SOL supplementaire adjacent A NMX et ne passeront pas aux revendications PE

Vancouver, Colombie-Britannique / TheNewswire 15 / Decembre 2015 - Ressources Durango Inc. (la <<Societe>> ou <<Durango>>) annonce qu’elle a acquis la gestion des applications supplementaires sur un terrain adjacent a Nemaska Lithium (TSX.V-NMX). Durango possede actuellement 100% de 23 cellules d’une superficie de plus de 1240 hectares de terrain adjacent a la mine Whabouchi propose de NemaskaLithium telle que publiee sur la carte sur le site Web d’entreprise de Durango.

Suite aux communiques de presse du 23 Novembre et le 9 Decembre, 2015, Durango ne donnera pas suite aux revendications de lithium de la saumure adjacentes a Pure Energy dans le Nevada. Apres des discussions avec plusieurs partenaires possibles de la coentreprise, Durango a ete incapable de negocier des conditions favorables; par consequent, il ne poursuivra pas le droit de premier refus sur l’acquisition Fault-Orient, dans le Nevada.

La Societe continuera a explorer au Quebec sur la propriete Decouverte et NMX-Orient en raison de leur proximite les uns aux autres, l’acces routier facile en hiver et de la disponibilite des equipes d’exploration experimentee.

Durango a demande sol a quelques kilometres au sud-est de la propriete (TSX.V-CCB) Miller du Canada Carbon Inc. dans le sud du Quebec qui a la reference historique suivant de GM rapport 01579 en 1951, Le gisement Consiste en affleurement de l’ONU plat de calcaire cristallin de200 pieds de longeur et d’Une Centaine de pieds de largeur

En outre, Durango cherche a explorer ses nord-ouest BC LNG revendications calcaires liees a la nouvelle annee et publiera des mises a joursupplementaires qu’ils deviennent disponibles.

A propos de Durango

Durango est une societe des ressources naturelles engagee dans l’acquisition et l’exploration de proprietes minieres. La Societe a un interet de 100% dans la fortune et Smith Island proprietes de calcaire de la Mayner du nord-ouest Colombie-Britannique, la decouverte et de proprietes auriferes Trove dans la region de l’Abitibi au Quebec, et la propriete de lithium NMX Est, pres de la mine Whabouchi au Quebec, ainsi que trois jeux de revendications dans le couloir de nickel du Labrador.

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 timing of mineral resource estimates, future exploration or project development programs 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 atwww.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.

Supreme Completes Pre-License Inspection

Posted by AGORACOM-JC at 8:30 AM on Thursday, December 10th, 2015

  • Announced on December 9, 2015, Health Canada conducted the Pre-License Inspection of Supreme’s hybrid greenhouse facility in Kincardine Ontario

TORONTO, ONTARIO–(Dec. 10, 2015) - Supreme Pharmaceuticals Inc. (the “Company” or “Supreme”) (OTC PINK:SPRWF)(CSE:SL) is pleased to announce on December 9, 2015, Health Canada conducted the Pre-License Inspection of Supreme’s hybrid greenhouse facility in Kincardine Ontario.

About Supreme

Supreme is a Canadian publically traded company committed to becoming a leading supplier of affordable medical cannabis achieved by applying commercial agriculture practices to medical cannabis production. Supreme’s flagship facility is a 342,000 sq. ft. hybrid greenhouse located in Kincardine, Ontario, which has been designed to maximize production efficiencies allowing the Company to pass savings along to its future patients.

FORWARD-LOOKING INFORMATION

This news release contains forward-looking statements. The use of any of the words “anticipate”, “continue”, “estimate”, “expect”, “may”, “will”, “project”, “should”, “believe” and similar expressions are intended to identify forward-looking statements. Although the Company believes that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because the Company can give no assurance that they will prove to be correct. This news release includes forward-looking statements with respect to the timing on competition of the MMPR License conditions for its Southern Ontario facility and the start of production. Since forward-looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. These statements speak only as of the date of this news release. Actual results could differ materially from those currently anticipated due to a number of factors and risks including various risk factors discussed in the Company’s disclosure documents which can be found under the Company’s profile on www.sedar.com and such factors as the Company failing to acquire final MMPR licenses and put the same into production. This news release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbour provisions of the Private Securities Litigation Reform Act of 1995.

Supreme Pharmaceuticals Inc.
Investor Relations
(416) 630-7272
info@supreme.ca
www.supreme.ca