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St-Georges Eco-Mining $SX.ca $SXOOF: First Hole Completed at Thor Gold Project $NNX.ca $OM.ca $ICM.ca

Posted by AGORACOM-JC at 9:10 AM on Tuesday, September 15th, 2020
  • Completed its first reverse circulation drill hole at the Thor project in the vicinity of Reykjavik in Iceland
  • The hole was positioned to test a previous surface sample that assayed 37.4 g/t gold and 69.3 g/t silver
  • The hole was successfully ended at 124 meters

Reykjavik – September 15, 2020 – St-Georges Eco-Mining Corp. (CSE:SX) (CNSX:SX.CN) (OTC:SXOOF) (FSE:85G1) is pleased to disclose that it has completed its first reverse circulation drill hole at the Thor project in the vicinity of Reykjavik in Iceland. The hole was positioned to test a previous surface sample that assayed 37.4 g/t gold and 69.3 g/t silver. The hole was successfully ended at 124 meters.

The exploration team lead by Pr Helen Salmon and supported by Herb Duerr and lead field geologist Gary McLearn, had identified earlier in August a new target zone outside the historically explored area following the grab sample results from sample 008 that yielded 69.3 g/t silver, 0.216% Copper & 37.4 g/t Gold. (See Company’s Press Release from August 21, 2020).

Because of high grades in past mining and the presence of visible gold in past work, a decision to sample the hole on 30 cm intervals was made by management. Our contract geologist may have observed visible grains of gold and possible accessory silver minerals near the bottom of the hole. As such, management has decided to do a standard 50 assay ton fire assay with atomic absorption finish for both gold and silver. Any samples assaying over 0.8 g/t gold will be automatically reassayed. If the samples are inconsistent, the lab will be instructed to do metal screening for particulate gold on reject material.

The current surface exploration campaign conducted one drill hole via reverse circulation using a standard hammer drill bit of 5.5 inches (~14 cm) in size. The drilling was conducted under the constant supervision of the Company’s field geologist, and all the material of every 30cm of depth was collected in plastic buckets sealed, identified with a code, and carried to St-Georges’ secure warehousing facilities in Reykjavik. From there, the geologists will prepare a representative sample for every bucket. Based on the visual analysis conducted while logging the material so far, the Company expects to send over 400 samples to be assayed to ALS Global Laboratories (ISO/IEC 17025 accredited) in Loughrea, Ireland. The Company intends to request a rush treatment for the assay of these samples.

The hole completed went from surface to a depth of 124 meters on an azimuth of 110 degrees. The drill rig cased the hole to 2 meters depth encountering approximately 1.5 meters of overburden at the surface. The mineralization encountered is compatible with the type often favorable for gold on the Thor project consisting of quartz veining adjacent to basalt with apparent abundant pyrite and accessory sulphides. Visible gold and silver may have been identified in the field by the Company’s field geologist. These sections are still being logged and sampled and prepared to be sent to the laboratory. See Figures 1, 2 & 3.


Click Image To View Full Size

Figure 1. Mineralization floating on top of drilling mud


Click Image To View Full Size

Figure 2. Mineralization from quartz veining

Figure 3. Mineralization close up from Fig. 2

St-Georges’ President & CEO, Vilhjalmur Thor Vilhjalmsson, commented: “(…) We are encouraged by the current pace of the exploration work on the Thor Gold Project. The team has worked with the constraints of the COVID-19 quarantine and additional precautions imposed by the new government regulations, and still ended-up delivering within the aggressive target dates we had put forward (…) We are particularly pleased with the field team led by Gary. We have given the team much leeway and trusted their professional expertise. Gary took a bold decision in choosing an underexplored location for the only deeper drill hole we were authorized for to date under our agreement with Melmis. For what we know so far, it was worth the risk (…) we expect to close the transaction with Melmis this month, and we will keep the drilling contractor busy for the foreseeable future on the Thor Gold Project (…)”.

About Thor Gold

The Thormodsdalur Gold Project is located about 20km east of the city center of Reykjavik and south-east of the Lake Hafravatn. The project was discovered in 1908. The property produced a gold concentrate from 1911 to 1925, which shipped to Germany for processing. Over 300 meters of tunnels explored and mined one or more quartz veins and wall rock below open cuts at the surface.

Studies between 1996 and 2013 identified the project mineralization as a low sulfidation system hosted by basic to intermediate flows of Pliocene to Miocene age. The host contains banded chalcedony and ginguro within a fault zone up to 5 meters in width. To date, the identified gold trend has a known strike length of 700 meters determined by drill intercepts. Petrographic analysis of the vein material identified gold occurring in its free form and as part of an assemblage with pyrite and chalcopyrite. Petrographic and XRD studies show an evolution of the vein system from the zeolite assemblage to quartz-adularia and lastly, to minor calcite.

Thirty-two holes have been drilled within the license area, for a total of 2439 meters. Gold values vary from less than 0.5 g/t to a maximum of 415 g/t. (These values were obtained from selected random intervals and cannot be construed to be representative of any particular thickness or overall length.) Historically, the best intercepts from the diamond drilling are 33.5m of 8.0 g/t Au (true thickness) and 5.2m of 35.4 g/t Au (true thickness).

Gary McLearn, A professional geoscientist (Ontario APGO #2900) and an Independent Qualified Person as defined by National Instrument 43-101, has prepared, supervised the preparation or approved the scientific and technical disclosure in the news release.

ON BEHALF OF THE BOARD OF DIRECTORS

“Vilhjalmur Thor Vilhjalmsson”

Vilhjalmur Thor Vilhjalmsson

President and CEO

About St-Georges

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

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

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.

VIDEO: CEO LiveChat – ThreeD Capital $IDK.ca $IDKFF $IP.ca $IPNFF $GMBL

Posted by AGORACOM-JC at 3:21 PM on Tuesday, September 1st, 2020
IDK-square-for-blog

Why ThreeD Capital?

Discovering Great Disruptive Companies

ThreeD Capital provides investors with significant exposure to ground floor opportunities in

  • Small cap stocks in their very early stages;
  • Disruptive Technologies

that would otherwise be impossible for 99% of investors to participate in.  There is quite simply no other investment vehicle like it in the Canadian small cap space. 

Best of all, investors get to invest in ThreeD Capital under the leadership of one of the greatest investors in Canadian history – Sheldon Inwentash, the Founder, Chairman and CEO. When Sheldon Inwentash speaks, listeners stand to make a lot of money.  His track record speaks for itself.

Why Small Cap Gold Investors Need To Take Notice of Ohio Pension Fund Entering The Gold Market $AMK.ca $AFF.ca $DGO.ca $CDG.ca $LN.ca $LAB.ca $SX.ca $TAJ.ca

Posted by AGORACOM-Eric at 9:54 AM on Tuesday, September 1st, 2020

Small cap investors should take notice of the following small cap gold exploration companies after the Ohio Police & Fire Pension Fund (OP&F) approved a 5% allocation into gold in a move to diversify its portfolio and hedge against the risk of inflation. This may not sound like much, but it may be the first of many pension funds to follow as they seek to protect their pension assets. The OP&F fund currently holds about $16 billion in assets under management and believe gold will give the portfolio a strong diversifier to its growth-oriented investments as well as provide an effective hedge against inflation

More and more pensions are going to need to protect themselves against rising inflation and the falling value of currencies and 5% from every fund poses an incredible amount of purchasing power for the gold market to sustain.

Rising gold prices boost demand, as witnessed by Warren Buffett’s Berkshire Hathaway surprising gold investors after buying nearly 21 million shares of Barrick Gold. The first time ever in the funds history.

If the worlds largest funds are finding value in the gold market, small cap investors need to pay attention to the following Agoracom clients poised for success.

 (TSXV: AMK)

American Creek owns a 20% Carried Interest to Production at the Treaty Creek Project in the Golden Triangle. 2020’s first hole is the best yet, intersecting 973 Meters Averaging 0.845 gram per ton Equivalent, From Hole GS-20-57, Including 1.40 gpt AuEq Over 217.5 Meters. Eric Sprott believes Treaty Creek may contain over 30 million ounces. Initial resource report expected late 2020 from project operator Tudor Gold.                  

Hub On AGORACOM

——–

(TSXV: AFF)

Affinity controls 2 projects, The West Timmins Gold and The Regal where and Affinity just announced that drilling has begun targeting several major geophysical anomalies as well as three historic small-scale past producing mines. Past results include 11.10 meter interval of 143.29 g/t silver which included a 0.55 meter interval of 2,612.0 g/t silver.

The West Timmins Gold property is located near Timmins, Ontario, Canada and adjoins Melkior’s Carscallen project. The first drill hole has been completed and assays from that first hole are expected to be received by the Corporation within the next two weeks.

Hub On AGORACOM

——–

(TSXV: DGO)

Durango is positioned for discovery with a 100% interest in strategically located properties in the Windfall Lake gold camp in the Abitibi region of Quebec, named Trove and Barry. Osisko is currently drilling the Lynx Project close to Durango’s property border. Durango is currently finalizing its drill plan for 2020.

Hub On AGORACOM


(CDG: TSXV)

Candente owns a large, economic, copper ore body in Peru waiting to be mined. Cañariaco Norte is a 100% owned feasibility-stage porphyry copper deposit containing 7.5 billion pounds of copper and has had multiple scientific studies propelling it along the way toward production. Strengthened by Goldman Sachs belief it is one of the top 80 copper deposits yet to be exploited and strategically guided by Australian Iron Ore giant Fortescue’s 19% inside ownership, Candente has the lowest quartile production costs slated for development.

Hub On AGORACOM

——–

(TSXV: LAB)

Labrador Gold explores for prospective gold projects in Eastern Canada. The Kingsway project is the current focus in Newfoundland, along strike of New Found Gold’s discovery of 92.86 g/t Au over 19.0 metres on their Queensway property. Field crews have started the 2020 exploration program on the Kingsway Property. Labrador also holds the Hopedale and Ashuanipi district scale gold exploration properties.

Hub On AGORACOM

——–

(TSX: LN)


Loncor Resources (LN: TSX / Q: LONCF /) is an excellent gold explorer that is 100% focused on Africa, where they have already discovered over 3 million ounces of gold …. with plans to find even more.

World renown gold miner Newmont has a market capitalization of $50 Billion and owns 8% of Loncor.    Resolute Mining of Australia has a market capitalization of $1.5 Billion and owns 26% of Loncor 

Joint Venture on all of Loncor’s remaining land with Barrick Gold, the $53 Billion Company whose mandate is to find a Tier 1 asset. On Loncor ground

Hub On AGORACOM

——–

SX has a “Eco-Green’ approach to the mining business. It creates eco-friendly mining solutions through technology to grow its business and has developed 4 separate and distinct avenues to create an ideal growth company for the ecological requirements 21st mining will face. Currently focused on exploring for gold in Iceland while developing processing technologies to reduce the environmental impact of mining activities.  

Hub On AGORACOM

——–

(TSXV: TAJ)

Tajiri Resources Corp is exploring for world class gold deposits in Guyana with 2 exploration properties that could each wield major discoveries, the Gargantuan and Epeius projects. Supported by management that have a track record of discovery with almost 20 million ounces, mostly in Guyana

Hub On AGORACOM


FULL DISCLOSURE: All companies are advertising client of AGORA Internet Relations Corp.

ThreeD Capital Inc. $IDK.ca $IDKFF Provides Corporate Developments $IP.ca $IPNFF $GMBL

Posted by AGORACOM-JC at 7:39 AM on Tuesday, September 1st, 2020
IDK-square-for-blog
  • Company is pleased to announce it is now disclosing the number of junior resource and technology investments on its newly designed website and will update these figures at the commencement of each month
  • In the last month, ThreeD increased the number of junior resource investments from 12 to 15, representing a 25% increase month over month
  • The Company plans to continue to grow its junior resource portfolio for the foreseeable future

TORONTO, Sept. 01, 2020 — ThreeD Capital Inc. (“ThreeD” or the “Company”) (CSE:IDK / OTCQB:IDKFF) a Canadian based venture capital firm that invests in disruptive companies and promising junior resources companies, is pleased to provide a general corporate update to shareholders.

ThreeD is actively investing in the junior resource sector and has significantly grown its number of junior resource investments for the last 3 consecutive months.

The Company is pleased to announce it is now disclosing the number of junior resource and technology investments on its newly designed website and will update these figures at the commencement of each month. In the last month, ThreeD increased the number of junior resource investments from 12 to 15, representing a 25% increase month over month. The Company plans to continue to grow its junior resource portfolio for the foreseeable future.   

ThreeD previously reported in its continuous disclosure documents that it had sold pursuant to a share purchase agreement dated November 15, 2019, an aggregate of 13,500,000 common shares of New Found Gold Corp. to a third party purchaser at a price of $0.08 per share for aggregate proceeds of $1,080,000. The Company has since commenced a legal action claiming rescission of the transaction or, in the alternative, damages in the approximate amount of $16,000,000 or the present value of the common shares. The Company is currently arranging with the third party dates and times for discoveries in this action.  The Company believes that the purchaser was in possession of information material to the transaction that was not disclosed at the time. It is not determinable if the Company will be successful in its claim or, if successful, the amount of damages that may be awarded, if any.

About ThreeD Capital Inc.

ThreeD is a publicly-traded Canadian-based venture capital firm focused on opportunistic investments in companies in the Junior Resources, Artificial Intelligence, Blockchain, Esports, Renweable Technology, Internet of Things, & Nanotechnology sectors. ThreeD seeks to invest in early stage, promising companies where it may be the lead investor and is actively involved with investees by advising and leveraging ThreeD’s powerful network.

Forward-Looking Statements

This news release contains certain forward-looking statements and forward-looking information (collectively referred to herein as “forward-looking statements”) within the meaning of Canadian securities laws including, without limitation, statements with respect to the legal action concerning the common shares of New Found Gold Corp. (the “Litigation”). All statements other than statements of historical fact are forward-looking statements. Undue reliance should not be placed on forward-looking statements, which are inherently uncertain, are based on estimates and assumptions, and are subject to known and unknown risks and uncertainties (both general and specific) that contribute to the possibility that the future events or circumstances contemplated by the forward-looking statements will not occur including, without limitation, risks relating to the timing, costs and potential outcome of the Litigation. Although the Company believes that the expectations reflected in the forward looking statements contained in this press release, and the assumptions on which such forward-looking statements are made, are reasonable, there can be no assurance that such expectations will prove to be correct. Readers are cautioned not to place undue reliance on forward-looking statements included in this document, as there can be no assurance that the plans, intentions or expectations upon which the forward-looking statements are based will occur. By their nature, forward-looking statements involve numerous assumptions, known and unknown risks and uncertainties that contribute to the possibility that the predictions, forecasts, projections and other forward-looking statements will not occur, which may cause the Company’s actual performance and results in future periods to differ materially from any estimates or projections of future performance or results expressed or implied by such forward-looking statements. The forward-looking statements contained in this news release are made as of the date hereof and the Company does not undertake any obligation to update publicly or to revise any of the included forward-looking statements, except as required by applicable law. The forward-looking statements contained herein are expressly qualified by this cautionary statement.

For further information:
Gerry Feldman, CPA, CA
Chief Financial Officer and Corporate Secretary
[email protected]
Phone: 416-941-8900 ext 106

VIDEO: Next Super Stock ThreeD Capital $IDK.ca $IDKFF livestream $IP.ca $IPNFF $GMBL

Posted by AGORACOM-JC at 9:39 AM on Saturday, August 29th, 2020
IDK-square-for-blog

Why ThreeD Capital?

Discovering Great Disruptive Companies

ThreeD Capital provides investors with significant exposure to ground floor opportunities in

  • Small cap stocks in their very early stages;
  • Disruptive Technologies

that would otherwise be impossible for 99% of investors to participate in.  There is quite simply no other investment vehicle like it in the Canadian small cap space. 

Best of all, investors get to invest in ThreeD Capital under the leadership of one of the greatest investors in Canadian history – Sheldon Inwentash, the Founder, Chairman and CEO. When Sheldon Inwentash speaks, listeners stand to make a lot of money.  His track record speaks for itself.

Thor Gold Riverbed – St. George Icelandic Gold Exploration Update $SX $SX.ca $SXOOF

Posted by AGORACOM-Eric at 11:23 AM on Monday, August 24th, 2020

St-Georges Eco-Mining Corp. (CSE:SX) (CNSX:SX.CN) (OTC:SXOOF) (FSE:85G1)is pleased to release the initial fire assays results from the preliminary surface exploration campaign conducted on the Thor Gold Project in order to prepare this summer’s shallow drilling campaign.

The Company’s exploration team collected grab samples from the dry riverbed on both sides of the river running to the west of the historical work areas (See Fig 1.) A total of eight samples were cut from the outcrops.

Figure 1. Project historical work locations and current targeted area in Red.

All grab samples have shown the presence of gold with assays results ranging from 0.001 g/t to 37.4 g/t.

The grab samples collected from the outcrop are, by nature, selected samples and are not necessarily representative of the mineralization hosted on the property.

Three of the grab samples located between 50 and 150 meters of the historical workings are deemed significant enough to warrant some adjustment to the previously planned shallow drilling grid for this summer’s campaign. These grab samples yielded the following results (Table 1):

 Silver g/tCopper %Gold g/tLead
Sample 0035.9 g/t0.015%11.75 g/tNot significant
Sample 0070.6 g/t0.014%2.47 g/tNot significant
Sample 00869.3 g/t0.216%37.4 g/t4.37%

Table 1. Fire Assays Results

Quality Control

Samples were collected and bagged by the SX geological team and transported in secure bags directly from the site to Iceland Resources’ secured warehouse facilities in Keflavik. From there, two Q/C blank samples were added to the other eight samples, and the batch traveled by plane to ALS Global Laboratories (ISO/IEC 17025 accredited) in Loughrea, Ireland. All samples were tested using four acid trace analysis (ME-ICP61). Samples that yielded precious metals content in excess of 10 ppm were analyzed a second time via gravity separation and fire assay finish.

About Thor Gold

The Thormodsdalur Gold Project is located about 20km east of the city center of Reykjavik and south-east of Lake Hafravatn. The project was discovered in 1908. The property produced a gold concentrate from 1911 to 1925, which was shipped to Germany for processing. Over 300 meters of tunnels explored and mined one or more quartz veins and wall rock below open cuts at the surface.

Studies between 1996 and 2013 identified the project mineralization as a low sulfidation system hosted by basic to intermediate flows of Pliocene to Miocene age. The host contains banded chalcedony and ginguro within a fault zone up to five meters in width. To date, the identified gold trend has a known strike length of 700 meters determined by drill intercepts. Petrographic analysis of the vein material identified gold occurring in its free form and as part of an assemblage with pyrite and chalcopyrite. Petrographic and XRD studies show an evolution of the vein system from the zeolite assemblage to quartz-adularia and, lastly, to minor calcite.

Thirty-two holes have been drilled within the license area, for a total of 2439 meters. Gold values vary from less than 0.5 g/t to a maximum of 415 g/t. (These values were obtained from selected random intervals and cannot be construed to be representative of any particular thickness or overall length.) The best intercepts from the diamond drilling are 33.5m of 8.0 g/t Au (true thickness) and 5.2m of 35.4 g/t Au (true thickness).

Gary McLearn, A professional geoscientist (Ontario APGO #2900) and an Independent Qualified Person as defined by National Instrument 43-101, has prepared and supervised the preparation and has approved the scientific and technical disclosure in the news release.

Mr. Herb Duerr, P. Geo. (AIPG, CPG #11498), a St-Georges’ director, has also reviewed the scientific and technical content of this release. Mr. Duerr is a qualified person as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects.

ON BEHALF OF THE BOARD OF DIRECTORS

“Vilhjalmur Thor Vilhjalmsson”

Vilhjalmur Thor Vilhjalmsson

President and CEO

About St-Georges

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

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

ThreeD Capital $IDK.ca Commences Trading On #OTCQB Market Under Ticker Symbol $IDKFF; Adds Information To Website Regarding Sector Investments

Posted by AGORACOM-JC at 11:19 AM on Monday, August 17th, 2020
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  • Announced that its common shares are now trading on the OTCQB Venture Market under the stock symbol “IDKFF”
  • OTCQB Venture is the premiere marketplace for early stage and developing U.S. and international companies.
  • Sheldon Inwentash, Chairman and CEO, stated, “The commencement of trading on the OTCQB is an important milestone because it provides the massive audience of American small cap investors an ability to easily invest in ThreeD Capital and participate in our growth…”

TORONTO, Aug. 17, 2020 — ThreeD Capital Inc. (“ThreeD” or the “Company”) (CSE:IDK / OTCQB:IDKFF), a Canadian based venture capital firm that invests in disruptive companies and promising junior resources companies, is pleased to announce that its common shares are now trading on the OTCQB Venture Market (“OTCQB Venture”) under the stock symbol “IDKFF”.

The OTCQB Venture is the premiere marketplace for early stage and developing U.S. and international companies. Participating companies must be current in their reporting and undergo an annual verification and management certification process. Investors can find real-time quote and market information at https://www.otcmarkets.com/stock/IDKFF/overview.

The Company believes that the OTCQB Venture Market can provide efficient market access to U.S. investors, helping Canadian companies with U.S. investors build shareholder value through greater access to enhanced liquidity and data distribution.  ThreeD’s common shares will continue to trade on the Canadian Securities Exchange (“CSE”) under the symbol “IDK”.

Sheldon Inwentash, Chairman and CEO, stated, “The commencement of trading on the OTCQB is an important milestone because it provides the massive audience of American small cap investors an ability to easily invest in ThreeD Capital and participate in our growth.  We have received significant interest from American investors in the past who want the exposure ThreeD Capital can provide them to ground floor opportunities in both small cap stocks at early stages, or private disruptive technologies, making this listing valuable to our corporate objectives.” 

NEW THREED CAPITAL WEBSITE DISCLOSES ADDITIONAL INFORMATION REGARDING SECTOR INVESTMENTS

The Company also wishes to advise the launch of its updated website at https://threedcapital.com/ which, amongst other things, provides investors with additional insight into the Company’s holdings in both the technology and resources sector.

As of this date, ThreeD Capital now holds investments in 22 technology companies and 12 mining companies.

This press release is available on the Company’s Verified Investor Discussion Forum on AGORACOM for constructive discussion and engagement with shareholders https://agoracom.com/ir/threedcapital

About ThreeD Capital Inc.

ThreeD is a publicly-traded Canadian-based venture capital firm focused on opportunistic investments in companies in the Junior Resources, Artificial Intelligence and Blockchain sectors.  ThreeD seeks to invest in early stage, promising companies and ICOs where it may be the lead investor and can additionally provide investees with advisory services, mentoring and access to the Company’s ecosystem.

  For further information:
  Gerry Feldman, CPA, CA
  Chief Financial Officer and Corporate Secretary
  [email protected]
  Phone: 416-941-8900 ext 106

Forward-Looking Statements

This news release contains certain forward-looking statements and forward-looking information (collectively referred to herein as “forward-looking statements”) within the meaning of Canadian securities laws. All statements other than statements of historical fact are forward-looking statements. Undue reliance should not be placed on forward-looking statements, which are inherently uncertain, are based on estimates and assumptions, and are subject to known and unknown risks and uncertainties (both general and specific) that contribute to the possibility that the future events or circumstances contemplated by the forward-looking statements will not occur. Although the Company believes that the expectations reflected in the forward looking statements contained in this press release, and the assumptions on which such forward-looking statements are made, are reasonable, there can be no assurance that such expectations will prove to be correct. Readers are cautioned not to place undue reliance on forward-looking statements included in this document, as there can be no assurance that the plans, intentions or expectations upon which the forward-looking statements are based will occur. By their nature, forward-looking statements involve numerous assumptions, known and unknown risks and uncertainties that contribute to the possibility that the predictions, forecasts, projections and other forward-looking statements will not occur, which may cause the Company’s actual performance and results in future periods to differ materially from any estimates or projections of future performance or results expressed or implied by such forward-looking statements. The forward-looking statements contained in this news release are made as of the date hereof and the Company does not undertake any obligation to update publicly or to revise any of the included forward-looking statements, except as required by applicable law. The forward-looking statements contained herein are expressly qualified by this cautionary statement.

Affinity Metals $AFF.ca Acquires Five New Mineral Properties $MKR.ca $SII.ca $TUD.ca $GTT.ca $AMK.ca $OSK.ca $RKR.ca

Posted by AGORACOM-Eric at 3:03 PM on Thursday, June 25th, 2020

Vancouver, British Columbia–(Newsfile Corp. – June 25, 2020) – Affinity Metals Corp. (TSXV: AFF) (“the Corporation”) (“Affinity”) is pleased to report that it has acquired, through staking, five new mineral properties. Four of the properties are located near Timmins, Ontario, Canada and the fifth is located near Revelstoke, British Columbia, Canada. The Corporation is currently acquiring more detailed information and history on the properties and provided they continue to be seen as properties of merit will provide further background in a news release and on the Corporation’s website at www.affinity-metals.com.

About Affinity Metals

Affinity is focused on the acquisition, exploration and development of strategic metal deposits within North America. Affinity is following a Project Generator model.

In addition to these recent acquisitions, Affinity is advancing the Regal and West Timmins Gold Projects.

The Regal is located near Revelstoke, British Columbia, Canada in the northern end of the prolific Kootenay Arch and hosts two major geophysical anomalies as well as three past producing mines. Recent drill results included a new silver discovery with an 11.10 meter interval of 143.29 g/t silver which included a 0.55 meter interval of 2,612.0 g/t silver.

The West Timmins Gold property is located near Timmins, Ontario, Canada and adjoins Melkior’s Carscallen project. The first drill hole has been completed and the core is now being logged, split and sampled in preparation for assaying.

On behalf of the Board of Directors

Robert Edwards, CEO and Director of Affinity Metals Corp.

The Corporation can be contacted at: [email protected].

Information relating to the Corporation is available at: www.affinity-metals.com.

VIDEO: Bet on #Shroomz, #Esports, #AR, #Blockchain & #Gold with Warren Buffet of Canada – ThreeD Capital $IDK.ca $IP.ca $GMBL

Posted by AGORACOM-JC at 7:23 PM on Sunday, June 14th, 2020

ThreeD Capital Inc. (CSE:IDK) is a venture capital firm focused on opportunistic investments in companies in the Junior Resources, Artificial Intelligence and Blockchain sectors.  ThreeD seeks to invest in early stage, promising companies and ICOs where it may be the lead investor and can additionally provide investees with advisory services, mentoring and access to the Company’s ecosystem.

The Gold / Silver Ratio: It Will Keep On Climbing SPONSOR: Affinity Metals $AAF.ca $SII.ca $TUD.ca $GTT.ca $AMK.ca $OSK.ca $RKR.ca

Posted by AGORACOM-Eric at 10:31 AM on Tuesday, April 21st, 2020

The gold silver ratio has been rising for nine years.

There are many commentators suggesting that the gold silver ratio is nearing a top at present. Here and here are good examples. I am not of that opinion and consider that it will keep climbing for the next 10 years at least. Below is a chart of the gold silver ratio (Source)

As you can see, the chart shows that the gold silver ratio hit a high of 125.89 on the 18th March 2020 and has since declined back to 111.81 (16/4/20). It is likely over time to retest and break the recent highs and then keep on climbing.

The analysis

To understand why the ratio is going to keep on climbing, we need to look at how gold and silver are used.

Silver

Below is the breakdown of the percentage usage of silver in the US:

Source

As you can see, 45% is used in photography and electrics. The other category (24%) is a mix of energy use, brazing and soldering, chemical production, mirror production and medicine (see link above). In total therefore 69% is used in industry. Only 31% is used in jewelry and coins (silver kept in circulation).

Gold

Below is a breakdown of the percentage uses of gold in the US:

Source

Industrial use of gold is only 37%, but 58% is used in coins and jewelry (gold kept in circulation).

Conclusion

As silver is 69% used in industry and gold only 35%, silver is much more sensitive to the strength of the economy than gold is. The last economic cycle in the US was the weakest in modern economic history. Real potential GDP was 1.6% from 2008 to 2018 (Source). This is the lowest 10-year rate since before the Second World War. The gold silver ratio is therefore doing exactly what you would expect it to do in a weak economic backdrop. It is steadily rising. If the economy remains weak after the present recession, I would expect that the gold silver ratio will continue to rise. So will it remain weak?

Here is a link to the latest Hoisington Investment Management March report. Their conclusion is that growth and inflation will remain weak, despite the massive money printing and stimulus presently being rolled out by the US government and Federal Reserve. I heartily agree with this analysis. Below is a long-term chart of US GDP:

Source

Growth peaked during the second world war and has been steadily falling since then. Since the war, average growth is falling at .7 of a percent every 10 years. As the US government and Federal Reserve are insistent on bailing out all industries and companies, productivity will remain low. This is because the weak companies will not be eliminated, allowing a re-allocation of the capital from the weak to the strong. Below is the population growth of the US economy for the last decade:

The 2019 growth rate was .6 of 1%. With slow population growth and slow productivity growth, the growth rate of the US economy must remain weak. GDP growth is the product of the change in population growth and the change in productivity growth. If both are weak, GDP must remain weak.

Implications

For investment (not trading) purposes, it is clear that if the gold silver ratio keeps climbing, gold will outperform silver on a long-term basis. If you like precious metals to diversify your portfolio, you should buy gold and not silver. It may well be that the gold silver ratio trades lower in the short term and is a good trade, but it is not the way to go if you are an investor. It is also clear that gold miners will outperform silver miners. I presently have no exposure to any silver mining stocks (although some of my gold miners produce silver as a byproduct). Don’t be fooled into thinking that just because the gold silver ratio has hit a high and is now falling that it will mean revert. We are in a low growth environment for the foreseeable future and the ratio will behave accordingly!

SOURCE: https://seekingalpha.com/article/4338404-gold-silver-ratio-will-keep-on-climbing