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Noront Appeals Mining Recorder’s Finding of KWG Prior Staking

Posted by AGORACOM-JC at 5:55 PM on Wednesday, July 23rd, 2014

TORONTO, ONTARIO–(July 23, 2014) - KWG Resources Inc. (TSX VENTURE:KWG)(FRANKFURT:KW6) was served yesterday with a notice that Noront Resources Ltd. will appeal to the Mining and Lands Commissioner of Ontario to set aside the finding of the Provincial Mining Recorder that KWG was the first to stake two 16 unit claims when they came open on the morning of June 17, 2011. These two claims are contiguous to the southern two claims of the Fancamp Exploration Ltd. Koper Lake claims where KWG is assessing the economic potential of the Black Horse chromite deposit under an option agreement with Bold Ventures Inc. and Fancamp.

“Koper Lake is an important amphibious aircraft facility for the Ring of Fire and the area used for landing and docking is within the eastern boundary of these claims,” said KWG President Frank Smeenk. “In the past our exploration crews have been blockaded there, or embargoed from landing there, or been levied substantial landing fees. We believe that this necessary part of the area’s transportation assets should be operated as a public facility. From this sprang the concept of a federally sponsored Port Authority. Accordingly, we are hopeful that the Provincial Mining Recorder’s Order will be upheld so that we can now assess the mineral potential of these claims and add their surface endowments to an integrated transportation network for the area. This is as contemplated by the ‘Northland Development Corporation Act’ that we provided to each candidate during the Ontario election campaign. We hope that those candidates who are now members of the legislature will encourage their cabinet colleagues to adopt the Bill.”

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 has also acquired interests in provisional patents including a method for the direct reduction of chromite to metalized iron and chrome using natural gas. KWG also owns 100% of Canada Chrome Corporation which has staked claims and conducted a $15 million surveying and soil testing program for the engineering and construction of a railroad to the Ring of Fire from Exton, Ontario.

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.

Shares issued and outstanding: 777,512,273

Contact Information

 

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

CORRECTING and REPLACING Liberty Star Submits Testimony to US House of Representatives Committee on Natural Resources RE: Strategic Rare Earth Elements

Posted by AGORACOM-JC at 4:59 PM on Wednesday, July 23rd, 2014

CORRECTION…by Liberty Star Uranium & Metals Corp.

TUCSON, Ariz.–()–Please replace the release with the following corrected version due to multiple revisions.

The corrected release reads:

LIBERTY STAR SUBMITS TESTIMONY TO US HOUSE OF REPRESENTATIVES COMMITTEE ON NATURAL RESOURCES RE: STRATEGIC RARE EARTH ELEMENTS

Liberty Star Uranium & Metals Corp. (“Liberty Star” or the “Company”) (OTCQB: LBSR) is pleased to announce written Testimony for the Record has been submitted to the US House of Representatives Committee on Natural Resources Subcommittee on Energy and Mineral Resources for the July 23rd hearing on ”American Metals and Mineral Security: An examination of the domestic critical minerals supply and demand chain.”

CEO/Chief Geologist Jim Briscoe’s address to Shareholders “About Rare Earth Elements” (August 7, 2013) is included in the testimony.

Briscoe’s opening remarks are also included in the Testimony for the Record:

“I am founder, CEO and Chief Geologist of Liberty Star Uranium & Metals Corp., an Arizona-based mineral exploration company engaged in the acquisition and exploration of mineral properties in the states of Arizona and Alaska. Last year I addressed the shareholders of the company regarding the urgent and continuously growing need for rare earth elements (REEs) by industry and the military. I submit that communication here today for the subcommittee’s reviews.

Before presenting that communication, I would like to give the Committee some background on what I believe could be a large and reliable source of rare earth elements in southeast Arizona. While more exploratory work is required, my company discovered the presence of at least 4 of the 17 REEs while conducting geochemical surveys for copper and gold in southeast Arizona, near Tombstone, Arizona, in an area we call the Hay Mountain Project.

In May 2012 we reported via news release (NR 122): ”A surprising presence of rare earth elements (REEs) has been defined over a large area (7 to 9 square miles). This was completely unexpected and justifies further study. The REEs we assayed for are among the 17 REEs now known, are strongly anomalous, and are scandium, yttrium, lanthanum, and cerium. The other 13 known REEs were not included in our assay process. In due course we will re-assay the samples for these additional REEs.”

While previously only small insignificant amounts of REEs had been detected throughout the state, this finding in a new area of mineral exploration could introduce high tech and environmentally sensitive mining to southeast Arizona and would include other strategic metals. The Hay Mountain Project will be primarily a copper mine that would also produce gold, silver, molybdenum, zinc, lead and REEs—all strategic metals required for the 21st Century economy and beyond.”

“James A. Briscoe” James A. Briscoe, Professional Geologist, AZ CA
CEO/Chief Geologist
Liberty Star Uranium & Metals Corp.

Contacts

Agoracom Investor Relations
lbsr@agoracom.com
http://agoracom.com/ir/libertystar
or
Liberty Star Uranium & Metals Corp.
Tracy Myers, 520-425-1433
Investor Relations
info@LibertyStarUranium.com
Follow Liberty Star Uranium & Metals Corp. on Facebook, LinkedIn & Twitter@LibertyStarLBSR

Stria Lithium, High Quality and Low Cost Supplier, CEO Clip Video

Posted by AGORACOM-JC at 3:08 PM on Tuesday, July 22nd, 2014

Vancouver, British Columbia–(July 22, 2014) – Julien Davy, President & COO of Stria Lithium Inc. (TSXV: SRA) describes this technology mining company in the lithium market with strategic alliances with Focus Graphite and Grafoid.


http://www.ceoclips.com/companies/Video-Interview-with-Julien-Davy-President-and-COO-of-Stria-Lithium-Inc.html
About Stria Lithium (TSXV: SRA)

Stria Lithium owns the Pontax spodumene lithium property in Northern Quebec and the Willcox brine lithium property in southeastern Arizona. As announced in January 2014, Stria is developing proprietary, in-house processing technologies for both projects with the purpose of reducing costs on an environmentally sustainable basis. Stria’s technologies, based on recovering lithium metal directly from ore and from brine liquids, will be more efficient, will require fewer controls, less chemistry and require less energy from compact facilities designed to enable easy automation. http://strialithium.com/

About CEO Clips:

CEO Clips is the largest library of publicly traded company CEO videos in the US and Canada. These 90 second video profiles broadcast on national TV and are distributed online on top financial portals including: Thomson Reuters, BNN.ca, MSN Money, Stockhouse.com, Canadian Business Journal, Germany’s Investor SMS, and 32 sites in Europe. They are also disseminated via a video news release to several financial portals including Globe Investor, OTC Markets, TMX Money, and The National Post.

BTV – Business Television/CEO Clip Contact: Trina Schlingmann (604) 664-7401 x 5 trina@b-tv.com

Allan Barry Goes “Beyond the Press Release” with Ken Armstrong, President and CEO, of North Arrow Minerals

Posted by AGORACOM-JC at 1:30 PM on Tuesday, July 22nd, 2014

North Arrow is a Canadian based exploration company focused on the identification and evaluation of diamond exploration opportunities in Canada. North Arrow’s management, board of directors and advisors have significant successful experience in the Canadian diamond industry. In addition to the Redemption Project, North Arrow is presently conducting a bulk sampling program of the Q1-4 kimberlite at its Qilalugaq (NU) Project and is also evaluating each of the Pikoo (SK), Lac de Gras (NWT), Mel (NU), Luxx (NU) and Timiskaming (ON/QC) Diamond Projects.

Liberty Star Update: naseba Hosted Middle East Trip to Make Presentations, Hay Mountain/Mine Finders

Posted by AGORACOM-JC at 9:39 AM on Monday, July 21st, 2014

TUCSON, Ariz.–Liberty Star Uranium & Metals Corp. (“Liberty Star” or the “Company”) (OTCQB: LBSR) is pleased to give an update of the recently concluded Middle East roadshow hosted by Naru Capital (“Naru”), a division of naseba. Company CEO/Chief Geologist Jim Briscoe presented Liberty Star’s premiere property Hay Mountain Project (“Hay Mountain”) in conjunction with the Mine Finders training program (NR 177). All ten meetings were successful with requests for additional information including confidentiality/non-disclosure agreements, project details and specific proposals. It is anticipated that from these meetings the Company can proceed to a memorandum of understanding (MOU) and or a letter of intent (LOI) with the final objective, an executed contract funding the Hay Mountain Project with or without the Mine Finders program. Briscoe’s summary of events:

“The roadshow started in Saudi Arabia (SA) Sunday (a work day) June 22 and was complete after visiting senior executives of 10 large organizations in three different countries in five cities and concluded on Friday evening, June 27. The meetings were conducted in Dammam, Riyadh, and Jeddah, Saudi Arabia, Muscat, Sultanate of Oman, and Istanbul, Turkey.

Naru Capital functions as a deal originator for investors in the growth markets with an unbiased approach to sourcing potential investment targets.

They have developed relationships with a network of qualified investors including private investors, sovereign wealth funds, financial institutions, state owned enterprises, educational institutions, natural resource investment companies, private equity firms and capital advisory firms across the growth markets. Their dedicated investor analysts leverage their extensive knowledge and match the needs of the investors with the specifics of the project. Naru’s reach in the liquid emerging markets has led to a database containing over a million contacts with areas of expertise including capital markets, energy, health care, and natural resources (our category).

From their list of investor clients Naru determines what entities are a match for the client’s project. They start with hundreds of potentials and screen them over a period of months. It involves an extensive search for just the right matchup between the client (Liberty Star) and the objectives and financial capability of the investor and includes extensive targeted vetting. Only a few finalists are chosen – in our case 10 entities.

Meetings are arranged between the client (Liberty Star) and the potential investor, the business case is presented in a personal one on one meeting.

After the presentation Naru provides a debrief report and an action plan for Liberty Star with input from the investors.

For each investor met with a positive response, Liberty Star will send a confidentiality, non-compete agreement (CA), a proposed deal, a letter of intent (LOI), a memorandum of understanding (MOU) and then, after an agreement has been hammered out, an executable contract. Of course after the CA has been signed Liberty will disclose all information on the project to the potential funder.

As a result of our presentations, all parties have responded positively and would like further documents and information.

We are currently working on preparation of documents. We are preparing thank you notes, confidentiality/non-disclosure/non-compete agreements, background data, and business plans and proposals for the Hay Mountain Project and the Mine Finders program, and are preparing letters of intent and memoranda of understanding, which we believe will lead to one or more investments in our proposals.”

“James A. Briscoe”

James A. Briscoe, Professional Geologist, AZ CA
CEO/Chief Geologist
Liberty Star Uranium & Metals Corp.

Forward-Looking Statements

Statements in this news release that are not historical are forward-looking statements. Forward-looking statements in this news release include all our planned drilling program and our planned route to access partners or funding sources. Factors which may delay or prevent these forward-looking statements from being realized include: the failure of our proposals to be accepted; we may not attract any partners or funding sources through the intended routes; we may not be able to raise sufficient funds to complete our intended exploration, keep our properties or carry on operations; and an inability to continue exploration due to weather, logistical problems, labor or equipment problems or hazards even if funds are available. Even if we find a partner, we may not be able to reach agreement or carry out the development program as contemplated. Despite encouraging data there may be no commercially exploitable mineralization on our properties. Readers should refer to the risk disclosures in the Company’s recent 10-K and the Company’s other periodic reports filed from time to time with the Securities and Exchange Commission.

Follow Liberty Star Uranium & Metals Corp. on Facebook , LinkedIn & Twitter @LibertyStarLBSR

Contacts

Agoracom Investor Relations
lbsr@agoracom.com
http://agoracom.com/ir/libertystar
or
Liberty Star Uranium & Metals Corp.
Tracy Myers, 520-425-1433
Investor Relations
info@LibertyStarUranium.com

AGORACOM Welcomes Uragold Bay Resources (UBR: TSX-V) A leader in High Purity Quartz Exploration in Quebec, Also Developing Quebec’s First Placer Gold Mine

Posted by AGORACOM-JC at 10:41 AM on Friday, July 18th, 2014

UBR: TSX-V

Why Uragold Bay Resources?

  • High Purity Silica (HPS) and Silicon Metal which is used in large part in the aluminum industry
  • Has become one of today’s key strategic minerals with applications in high-tech industries that include semiconductors, LCD displays, fused quartz tubing, microelectronics, solar silicon applications and recently, Silicon Anode Lithium Batteries

Uragolds business model focuses on developing low-risk, low-cost gold mining operations while exploring on core properties that hold the potential of discovering world class gold deposits. The Company’s properties are located in Canada in the Appalachian region of the province of Quebec. The properties benefit from extensive historical exploration work and from well-established infrastructure thereby helping to reduce exploration risks.

Developing Quebec’s First Placer Gold Mine

 

 

 

 
Beauce Placer Gold Project is located in the municipality of Saint-Simon-les-Mines in the Beauce region of southern Quebec. The project has all the required environmental permits to start its operations, and is in the final stage for obtaining a 20 year mining lease for a placer gold mining operation. It will be Quebec’s first placer mine in 50 years.

The Company declared inferred resource of 23,000 oz. AU (741,000 m3 @ 0.97 g Au/ m3) on the Rang Chaussegros section. The importance of the nugget effect on the project potential is such that gold recovery could be between 23,000 (741,000 m3 @ 0.97 g Au/ m3) and 140 000 ounces (741,000 m3 @ 5.9 g Au/ m3), as per data derived from the historical mining figures.;

Developing an open pit gold mine in the Beauce

In April 2014, Uragold singed a definitive option agreement with Golden Hope Mines (“GNH”) concerning the advancement of the Bellechasse-Timmins (BT) Gold Deposit into a producing mine.

In August 2012, GNH published a resource estimate of an indicated resource of 313,900 ounces gold (2.9 million tonnes grading 3.36 g/t Au) and an inferred resource of 102,000 ounces gold (2.17 million tonnes grading 1.46 g/t Au) using a cut-off grade of 0.60 g/t. Furthermore, GNH’s many bulk-sampling campaigns revealed extensive areas of surface mineralization averaging approximately 3 g/t Au. Notable were sampled areas averaging up to 10 g/t Au (Trench 09A).

The Beauce Placer property and the Golden Hope Mines’ Bellechasse-Timmins (BT) Gold Deposit (which are both ‘nuggety’ type deposits) are located within Magog Group sediments. It should be noted that the Beauce gold project has a thick till in contrast to the Bellechasse-Timmins (BT) Gold Deposit where most of the till has been eroded away and exposed the outcrops. This suggests that both the Beauce and the Bellechasse/ Timmins deposits are genetically related – the Beauce being a placer deposit derived from an unknown Bellechasse/ Timmins type deposit.

Under the terms of the Option Agreement, Uragold will be responsible for obtaining all required permits, approvals, and documentation associated with going into production, in return for a 30% interest in the property. Uragold will then have 120 days to obtain project financing, which, if successful, will earn it a further 20% interest, giving Uragold a 50% interest in the B-T deposit. The companies will then form a Joint Venture (JV) for the operation of the mine, with Uragold serving as operator. GNH will have a carried interest into production, and will receive a 50% Net Proceeds Royalty (“NPR”) on the gold produced.

  • 38,000 meters drilled, 2010 to 2012
  • Gold Recovery:
    • Gravity separation up to 92%
    • Total gold (gravity + cyanidation) 99%
  • Less than 1% Bellechase-Belt explored
  • Located in the municipality of Saint-Magloire, in the Beauce region of Quebec
  • 1 ½ hour drive south of Quebec City
  • 3 ½ hours from Montreal
  • Accessible year round on all paved roads, close to urban infrastructures

Moe River Gold Property

The Moe River Property is located in the southwestern part of the Quebec Appalachians in the Eastern Townships region of the Province of Quebec.

The gold bearing gravels of the Moe river valley has attracted prospectors since the 1900. Between 1958 and 1962, Tamara Mining Limited worked in the Moe River area, under the direction of G. A. Blair, P.Eng. Blair defined a historical resource based on the volume of gravels in the terraces along the river. He concluded that there were between 45 to 48 million cubic yards of material in all of the terraces containing a total of 400,000 ounces of placer gold.

12 Month Stock Chart

Lomiko Announces Discovery of 23 New High Priority Magnetic Anomalies at Quatre Milles Flake Graphite Property

Posted by AGORACOM-JC at 9:13 AM on Monday, July 14th, 2014

VANCOUVER, BRITISH COLUMBIA–(Jul 14, 2014) – LOMIKO METALS INC. (TSX VENTURE:LMR)(PINKSHEETS:LMRMF)(FRANKFURT:DH8B) (the “Company”) reports Consul-Teck of Val-d’Or and consulting firm Dubé & Desaulniers conducted a combined Magnetic and Very Low Frequency Electro-Magnetic (VLF-EM) survey on the West Block of the Quatre Milles Project for a total of 209.6 linear km. The survey is part of an extensive and comprehensive exploration plan at Quatre Milles for the 2014 season.

The goal of the program is to identify high grade, near surface graphite mineralization suitable for conversion to battery-grade graphite. The graphite industry could see exponential growth based on new demand for lithium-ion batteries which use 10 to 15 times as much graphite as lithium.

Telsa Motor Cars announced, “As we at Tesla reach for our goal of producing a mass market electric car in approximately three years, we have an opportunity to leverage our projected demand for lithium ion batteries to reduce their cost faster than previously thought possible.”

Lomiko is also an investor in Graphene 3D Lab as of November 22, 2013 which aims to pioneer the manufacturing of electronic devices using graphene 3D printing filament and graphene printers. Currently, there are 11,000 patented or patent-pending graphene technologies which will require graphene material. Large companies such as General Electric, Lockheed-Martin and Samsung have confirmed their interest in Graphene uses. The graphite industry may see increased demand as a base material for the production of graphene. Lomiko will be able to participate in this new demand due to initial test results September 17, 2013 indicating graphite from Quatre Milles was converted to graphene oxide.

Previously reported drill results at Quatre Milles indicate extensive mineralization in the region. The Quatre Milles Project NI 43-101 Technical Report with all Phase I and historical drill hole results is available on the Lomiko web site. On March 13, 2014, Lomiko closed a financing for $ 5.5 million for the purposes of advancing the Quatre Milles Property and investing in technology.

In total, 88 VLF-EM conductors axis were identified. Of those, 23 new conductors are prioritized for further review. Conductors that are associated to magnetic anomalies are likely caused by pyrrhotite rich sulphide occurrences. However, most of the conductors do not show correlation with the magnetic signal and the strongest VLF-EM anomalies are thus possibly caused by graphite mineralization.

Lomiko will initially investigate the outlined anomalies by basic prospecting methods and follow-up with drilling at identified graphite zones. Strong magnetic anomalies that are not responding to the VLF-EM method also deserve further investigation. Sources identified as promising for mineralization discoveries could then be the object of resistivity/IP surveys that can be efficiently used to penetrate the ground at further depth and better image the geometry of conductive and chargeable sources.

Jean-Sebastien Lavallée (OGQ #773), geologist, a Qualified Person as defined by National Instrument 43-101, has reviewed and approved the technical content of this release.

On Behalf of the Board

A. Paul Gill, Chief Executive Officer

We seek safe harbor. 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.

Lomiko Metals Inc.
A. Paul Gill
604-729-5312
info@lomiko.com
www.lomiko.com

KWG Meeting of Shareholders Adjourned for Special Resolutions

Posted by AGORACOM-JC at 10:09 AM on Wednesday, July 2nd, 2014

TORONTO, ONTARIO–(July 2, 2014) - The Annual Meeting of the shareholders of KWG Resources Inc. (TSX VENTURE:KWG) was convened Monday morning and elected Cynthia Thomas, Douglas Flett, Thomas Pladsen, Donald Sheldon and Frank Smeenk as directors. The shareholders also appointed McGovern, Hurley, Cunningham LLP, Chartered Accountants, as the auditors of the Company. Frank Smeenk, Thomas Masters and Luce St. Pierre were then respectively re-appointed as the Company’s President, Chief Financial Officer and Secretary and Douglas Flett was elected Chairman of the Board.

The meeting had remarkable shareholder participation, with almost 416 million of the outstanding 777.5 million shares having been voted on the resolutions put before the shareholders.

The meeting was adjourned to July 30, 2014 to then consider the special resolutions to amend the Company’s articles to include the authority to issue preferred shares and to let all shareholders wishing to do so acquire with each fifty of their present shares one new multiple-voting share (provided that these may be converted back into the fifty subordinate voting shares at any subsequent time of their choosing).

Cliffs Natural Resources Inc. (“Cliffs”) had served prior notice of its intention to seek a repurchase of its shares by the Company if either of these special resolutions is approved and adopted. Cliffs had similarly required that its shares be repurchased if the Company acted on the shareholders resolution adopted at their last meeting to approve a change of jurisdiction so that the law governing KWG’s constitution will be the federal Canada Business Corporations Act (“CBCA”). In the result the Company has not yet acted on the resolution of the shareholders approving that change. Cliffs did not nominate anyone for election to the KWG Board of Directors, as it has the right to do under the Shareholder Agreement entered into in March 2009.

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 has also acquired interests in provisional patents including a method for the direct reduction of chromite to metalized iron and chrome using natural gas. KWG also owns 100% of Canada Chrome Corporation which has staked claims and conducted a $15 million surveying and soil testing program for the engineering and construction of a railroad to the Ring of Fire from Exton, Ontario.

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.

Shares issued and outstanding: 777,512,273

Contact Information

KWG Declared Winner in 2011 Staking Race With Noront

Posted by AGORACOM-JC at 10:30 AM on Friday, June 27th, 2014

MONTRÉAL, QUÉBEC–(June 27, 2014) - In an Order dated June 24, 2014 the Provincial Mining Recorder for Ontario has confirmed that KWG Resources Inc. (TSX VENTURE:KWG) was the first to stake two 16-unit claim blocks after they came open on the morning of June 17, 2011. The two claim blocks are contiguous to the southern two claim blocks of the Fancamp Exploration Ltd. Koper Lake claims where KWG is assessing the economic potential of the Black Horse chromite deposit under an option agreement with Bold Ventures Inc. and Fancamp. The Mining Recorder’s Order provides that KWG will have until June 24, 2016 to perform and file the first unit of assessment work and that the Disputant Eric Mosley on behalf of Noront Resources Ltd. will have 30 days from the date of the Order to appeal. The Order followed a two-day hearing before the Mining Recorder on April 24 and 25, 2014.

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 has also acquired interests in provisional patents including a method for the direct reduction of chromite to metalized iron and chrome using natural gas. KWG also owns 100% of Canada Chrome Corporation which has staked claims and conducted a $15 million surveying and soil testing program for the engineering and construction of a railroad to the Ring of Fire from Exton, Ontario.

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.

Shares issued and outstanding: 777,512,273

Contact Information

 

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

AGORACOM Welcomes DNA Precious Metals (DNAP: OTCQB) Near Term PRODUCER, production target fall 2014 with 7+ Year Mine Life In Quebec

Posted by AGORACOM-JC at 9:55 AM on Tuesday, June 24th, 2014

DNAP: OTCQB

Focused on near term production of the Montauban tailings mine in the Province of Quebec, Canada with an aggressive search for economic production assets.

Why DNA Precious Metals?

  • Company is 100% unhedged thus positioned to fully benefit from any future rise in precious metals prices
  • Main asset is the Montauban Tailings Mine Property located at Notre-Dame-de-Montauban in one of the world’s most favorable mining jurisdictions; the province of Quebec
  • Focused on the extraction of gold, silver and potentially, the industrial mineral mica (phogopite) from the approximate 2.5 million metric tons of historic mining residues (“residues”) situated in the Montauban area
  • Extraction of the valuable metals from the residues is a low cost process compared to the processing of ore.
  • Economic potential from the processing of the residues is approximately 174 million dollars

Competitive Edge

  • Sole mining company in Canada with its primary focus of bringing a tailings residue site into commercial production. The Company has “first mover advantage” in Quebec, and may expand into exploitation of other tailings sites throughout the province
  • Longer term potential is tailings exploitation nationally and in other jurisdictions.

The Montauban Project

Montauban, a series of advanced exploration claims, is located in the Portneuf County of Quebec, Canada. The project is situated approximately 120 km west of Quebec City and approximately 60 km north of Trois-Rivieres.

The project is accessible by vehicle through route 363 linking Saint-Marc des Carrieres, St- Casimir, Saint-Ubalde and Lac-aux-Sables, then following the route leading to Riviere-a-Pierre which cuts through the property.

Tailings

In July of 2010, 9215-8062 Quebec Inc. began a drilling campaign to evaluate the potential resources in the mining residues identified as “recent tailings” located on claims numbers; 5233236, 5233237, and 1037669. After receiving encouraging results from the initial drill campaign, 9215-8062 Quebec Inc. mandated Mr. Yves Gagnon, Engineer Geologist, to supervise a second drill campaign and to evaluate the Montauban Tailing resources by completing a National Instrument 43-101 compliant resource estimate.

Consequently, in January of 2011 Mr. Yves Gagnon Eng.Geo published the 43-101 Technical Report on the Resource Evaluation of the Montauban Tailings indicating the measured resources below. DNA Precious Metals Inc. is 100% owner of the sixty-five mining claims where the Montauban Tailings are located.

Historical tailings of approximately 2.5 million metric tons from past producers have been identified by multiple independent government reports for the Montauban Property. The tailings from those past producers in the Montauban Property area are;

Corporate Video

DNA Crypto Corp.

Company has recently announced that it has formed a wholly owned subsidiary under the laws of the State of Nevada called DNA Crypto Corp. The new subsidiary will seek to identify the best crypto currency mining opportunities in the US and Canada. Initially, DNA Crypto Corp. will focus on mining bitcoins which currently represents the world’s most popular crypto currency. Bitcoin has the biggest liquidity pool of all the crypto currencies with over 12.8 million bitcoins in circulation and with a market capitalization of $8.4 billion US. Well known investors like Marc Andreessen and innovative financial organizations like Second Market are firmly behind bitcoin and the potential for bitcoin to be transformative.