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Uragold Discusses Production of Pure Silicon Metal Material That Exceeds 1st Lab Threshold $UBR.ca

Posted by AGORACOM-JC at 2:34 PM on Wednesday, June 29th, 2016

Uragold is the largest holder of High Purity Quartz properties in Quebec, 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.

Hub On AGORACOM / Corporate Profile / Watch Interview

Durango Plans to Explore Silver Prospect $DGO.ca

Posted by AGORACOM-JC at 10:33 AM on Wednesday, June 29th, 2016

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  • Company has engaged its exploration team and is evaluating logistics for a sampling program on its wholly owned Dianna Lake Silver property located in northern Saskatchewan.
  • Marcy Kiesman, CEO of Durango, comments, “Durango is fortunate to have multiple properties positioned for discovery in its portfolio. With silver poised to be a top performing commodity for 2016, it is an exciting opportunity to explore an historic high grade project coupled with today’s new technology.”

Vancouver, BC / June 29, 2016 - Durango Resources Inc. (TSX.V-DGO), (the “Company” or “Durango”) announces that further to the news releases of March 22 and April 21,2016, the Company has engaged its exploration team and is evaluating logistics for a sampling program on its wholly owned Dianna Lake Silver property located in northern Saskatchewan.

Marcy Kiesman, CEO of Durango, comments, “Durango is fortunate to have multiple properties positioned for discovery in its portfolio. With silver poised to be a top performing commodity for 2016, it is an exciting opportunity to explore an historic high grade project coupled with today’s new technology.”

Additional details about the Dianna Lake property are on the website.

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 certain lithium properties near the Whabouchi mine, the Buckshot graphite property near the Miller Mine in Quebec, the Dianna Lake silver project in northern Saskatchewan, the Whitney Northwest property near the Lake Shore Gold and Goldcorp joint venture in Ontario, as well as three sets of claims in the Labrador nickel corridor.

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

Marcy Kiesman, Chief Executive Officer

Telephone: 604.428.2900 or 604.339.2243

Facsimile: 888.266.3983

Email: durangoresourcesinc@gmail.com

Website: www.durangoresourcesinc.com

Forward-Looking Statements

This document may contain or refer to forward-looking information based on current expectations, including, but not limited to the purchase, development, completion of financing, commencement and completion of 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 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.

American Creek Resources Commences Gold Hill Property Exploration $AMK.ca

Posted by AGORACOM-JC at 8:25 AM on Wednesday, June 29th, 2016

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  • Commenced initial exploration on its Gold Hill property located near Cranbrook, British Columbia
  • Property constitutes a significant portion of the Boulder Creek watershed and includes two main areas of significance known as the Big Chief and Gold Hill

CARDSTON, ALBERTA–(June 29, 2016) - American Creek Resources Ltd. (TSX VENTURE:AMK) (“American Creek”) (“the Corporation”) is pleased to report that it has commenced initial exploration on its Gold Hill property located near Cranbrook, British Columbia.

The 100% owned Gold Hill property covers approximately 836 hectares and is located along the western edge of the Kimberly Gold Trend in the Fort Steele Mining Division near Cranbrook, BC. The property contains a significant portion of the Boulder Creek drainage, a headwater tributary of the Wild Horse River, considered to be one of the greatest gold rivers in the entire province. Gold rushes have taken place there since the 1860’s that have yielded 48 tonnes of reported gold, making it Canada’s 4th largest placer producer. The majority of the gold recovered from the Wild Horse was located along a 6 km stretch between Boulder Creek (upstream) and Brewery Creek (downstream). Early efforts by Cominco and others to locate the source of the Wild Horse placer gold led explorers up Boulder Creek to what is now called the Gold Hill property.

The Gold Hill property constitutes a significant portion of the Boulder Creek watershed and includes two main areas of significance known as the Big Chief and Gold Hill. Work conducted in 1937 by Cominco included driving 75 meters of adits and obtaining samples which included a 6.7 meter face sample that averaged 74 g/t gold, 67.5 g/t silver and 6.1% lead over the entire 1.5 meter drift width. The highest gold mineralization occurred in the hanging wall and footwall contacts. The gold market at the time did not support further work and the property has largely sat dormant over the years.

This initial phase of the 2016 exploration program will consist of locating all known workings, prospecting new areas of interest, geological mapping, and conducting extensive geochemical sampling in an effort to identify drill targets associated with the historic adits and the hanging wall and footwall contact areas that host the high grade gold.

The Corporation has also entered into a shares for debt arrangement with a contractor and has agreed to settle $50,000.00 of debt by issuing 625,000 common shares at a deemed price of $0.08 per share. The shares will be subject to a statutory 4 month hold period. This shares for debt arrangement is subject to approval by the TSX Venture Exchange.

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

Purevap(TM) Produces Pure Silicon Metal Material That Exceeds 1st Lab Threshold; Material Being Sent To 2nd Specialized Lab In United States For Detailed Analysis $UBR.ca

Posted by AGORACOM-JC at 8:10 AM on Wednesday, June 29th, 2016

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  • Analysis confirms production of high purity silicon metal in all tests
  • Extremely low impurity levels exceed lab detection capabilities
  • Results Enter Project into next phase
  • Testing protocol moving forward

MONTREAL, QUEBEC–(June 29, 2016) - Uragold (TSX VENTURE:UBR)(FRANKFURT:UGE)(OTC PINK:URAGD) is pleased to inform its shareholders that INRS – ETE (Institut National de la Recherche Scientifique, Eau Terre Environnement) Laboratory in Quebec City has advised Uragold that the first batch of samples produced by the PUREVAP Quartz Vaporization Reactor (QVR) following restart (May 25, 2016 Press Release) have been analyzed.

ANALYSIS CONFIRMS PRODUCTION OF HIGH PURITY SILICON METAL IN ALL TESTS

Multiple surface readings were completed using a Scanning Electron Microscope (SEM) associated with Energy Dispersive X-ray Spectroscopy (EDX) on samples T6, T7 and T9. The analyses confirm production of High Purity Silicon Metal (Si) by the PUREVAP QVR during all of the tests but the final purity level in ppb (parts per billion) is yet to be determined.

EXTREMELY LOW IMPURITY LEVELS EXCEED LAB DETECTION CAPABILITIES

Of significant interest is the fact that 22 different readings of 100% Si were observed. This can be attributed to the fact the impurity levels of the samples are so low that they were below the impurity detection level of the method utilized by INRS – ETE (1,000 ppm). As such, the method used detected purity levels greater than 99.9% Si and were rounded up to 100%. This first pass analytical process confirms the ability of the PUREVAP process to create high purity silicon metal exceeding 99.9% and the samples will now been sent to a specialized laboratory in the United States to determine the precise purity levels of the Silicon Metal.

“We are encouraged by these results as they confirm our expectations of our PUREVAP™ process,” said Pierre Carabin, Director of Engineering of PyroGenesis. “We are looking forward to receiving the additional tests results from the specialized laboratory in the US. In the meantime, we continue to pursue our testing program.”

Bernard Tourillon, Chairman and CEO of Uragold stated, “These test results represent a significant milestone as one of the key goals of our project has been reached – the establishment of a high purity (99.9+%) baseline for the material produced by the reactor. Reaching our goal of transforming Uragold Quartz into Solar Grade Purity Silicon seems even more attainable.”

RESULTS ENTER PROJECT INTO NEXT PHASE

At the outset, theoretical modeling of the process indicated that transforming Uragold Martinville Raw Quartz into High Purity Silicon Metal was feasible. Today’s results now validate this. Therefore, the program is now moving beyond the metallurgical testing phase into an R&D program strictly focused on improving the PUREVAP QVR beneficiation capability for the express purpose of determining maximum purity and advancing to the pilot plant stage.

TESTING PROTOCOL MOVING FORWARD

The original test protocols called for any material that exceeded the lower limit of detection of the SEM-EDX to be further tested using Laser Ablation Inductively Coupled Plasma Mass Spectrometry (LA-ICP-MS) analysis. The Lab has advised the INRS that it lacked a High Purity Silicon Quality Assurance Standards for LA-ICP-MS analysis in order to validate results. Furthermore, because of contamination risk associated with the Inductively Coupled Plasma Mass Spectrometry testing, it was decided the material should be sent to a specialised laboratory in the US for neutron activation analysis (NAA) testing.

Testing Methodology:

The SEM-EDX analysis were completed at the INRS – ETE laboratory in Quebec City.

The scanning electron micrographs (SEM) USED are Carl Zeiss EVO® 50 smart SEM equipped with a range of imaging detectors, including: an Everhart-Thornley Secondary Electron Detector, for topographic image.

Backscattered electron (BSE) images allow the viewing of images in chemical contrast, depending of the mean atomic number of the specimen. The systems use a 4 Quadrant backscattered electron detector (QBSD).

The elemental analysis of the particles present on the surface is enabled by an energy dispersive X-ray spectrometry (EDS) Microanalysis System (model: Oxford Instruments, INCAx-sight EDS Detectors). This EDS is a Lithium drifted Silicon detector Si (Li). EDS can detect element from Beryllium (z=4) to Uranium (z=92). This detector must be operated at liquid nitrogen temperatures.

  • EDS Resolution: 133 eV.
  • Detection limits: 1,000 ppm

Settings used for the analysis: Accelerating voltage usually used is 20 kV, Working distance: WD: 8.5 mm for EDS analysis, for image in SE.

Sample preparation

  1. The samples were mounted on conventional 12.7 mm diameter aluminum stubs using double sided adhesive carbon discs. The all is clamped in a multi-stub holder.
  2. The samples were coated with a thin layer (20-30 nm) of conductive medium, such as gold, to increase conductivity and thus to minimise sample charge up.

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

About Uragold

Uragold Bay Resources is a TSX-V listed junior exploration company planning to become a vertically integrated and diversified High Value Specialty Materials Company. Uragold has announced plans to spin out its Beauce Gold Project – the largest placer gold deposit in eastern North America. Our Business model is focused on developing unique projects that can generate high yield returns and significant free cash flow within a short time line.

High Value Specialty Materials

In September 2015, PyroGenesis announced that it had filed for a provisional patent for the PUREVAP™ Quartz Vaporization Reactor (QVR) process, which it noted was able to produce silicon, at a lower cost, while generating less CO2 emissions than current processes.

On April 19, 2016, PyroGenesis announced that early test results of the PUREVAP™ QVR process have demonstrated that it can transform high purity quartz into silicon metal. The PUREVAP™ QVR validation program his now in its second stage whereby the operational parameters of the reactor are adjusted in order to achieve the transformation of Uragold Quartz into Solar Grade Purity Si.

Uragold, with its worldwide exclusive usage of PyroGenesis’ PUREVAP™ QVR, is endeavouring to become a vertically integrated Silicon Metal (98.5% Si), 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™ QVR process’s big advantage is its one step direct transformation of Quartz into High Purity Silicon Metal Solar Grade Silicon Metal and/or Higher Purity product, 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.

The Science Behind PyroGenesis PUREVAP™ QVR Process Is Solid:

  • Plasma arc based process can and has transformed High Purity Quartz into Mg Si.
  • Plasma arc based process can and is being used to purify Mg Si into higher value materials such as Sg Si.
  • Finally, refining Mg Si using an electron-beam furnace in a high vacuum-processing environment has proven the concept of the elimination of elements whose vapor pressures are higher than that of silicon.

What is unique and ground breaking is the combination of these three proven processes into one step.

A Green And Clean Company

Uragold, with its worldwide exclusive usage of PyroGenesis’ PUREVAP™ QVR will also be implementing a process to make Sg Si, which is estimated to generate 14.1 kg CO2 eq/Kg SG Si, versus the 54.0 kg CO2 eq/Kg SG Si of emissions generated by the Siemens process (90% of the present production process). This represents 75% fewer greenhouse gas emissions, which is justified by elimination of the emissions emanating from the use of chemicals, as well as, energy consumption from the additional purification step.

High Purity Quartz Properties

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 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.

Uragold
Bernard J. Tourillon
Chairman and CEO
(514) 907-1011

Uragold
Patrick Levasseur
President and COO
(514) 262-9239
www.uragold.com

Paradox Public Relations Inc.
Carl Desjardins
(514) 341-0408

VGambling DTC Approval Makes Shares Available for Trade Amongst eSports Investors $GMBL.us

Posted by AGORACOM-JC at 9:58 AM on Tuesday, June 28th, 2016

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  • Company has received approval from The Depository Trust Company and is now DTC eligible
  • DTC eligibility allows for VGambling shares to be easily and economically transferred between brokerage accounts electronically

ST. MARY’S, ANTIGUA–(Jun 28, 2016) – VGambling Inc. (OTCQB: GMBL) or (the “Company”), a licensed next generation online gambling company focused on the massive and fast growing eSports industry, is pleased to announce the Company has received approval from The Depository Trust Company (the “DTC”) and is now DTC eligible.

DTC eligibility allows for VGambling shares to be easily and economically transferred between brokerage accounts electronically. The DTC is the largest securities depository in the world and acts like a clearinghouse for brokers, providing various services.

This is a very important milestone for the Company as it prepares to launch its eSports wagering platform to fans and participants in Q3 2016. Given the global nature of the eSports industry, VGambling anticipates investment interest from across North America and the world.

“The ability to have GMBL shares electronically transferred between brokerages in the United States is significantly more convenient and reduces the costs incurred in trading shares, thus making it more economical for shareholders, eSports investors and brokers to buy and sell VGambling shares,” said Grant Johnson, Chief Executive Officer of VGambling Inc.

About The Company

VGambling Inc. is a next generation online gambling company licensed in Canada. VGambling intends to offer users from around the world the ability to play and wager on multi-player video games and e-Sports events for real money in our licensed and secure environment. VGambling has recently been issued a Client Provider Authorization Permit to conduct real money interactive gaming on a global basis from bases in Canada and Antigua by the Kahnawake Gaming Commission. VGambling has entered into a Betting Gaming Platform Software Agreement with Swiss Interactive Software GmbH to provide wagering platform software. VGambling is led by a team of industry and technical experts from the Internet gambling and video game industries, e-Sports, marketing, legal and financial professionals. VGambling maintains offices in St. Mary’s, Antigua and Barbuda. VGambling is currently developing several play for free websites and the real money wagering website www.vgambling.net. VGambling’s common stock is listed on the OTCQB under the symbol GMBL. For more information please see www.vgambling.net

Contact:

Grant Johnson
Chief Executive Officer
VGambling Inc.
1-905-580-2978
grant@vgambling.net

Nevada Energy Metals Acquires 73.6 Square Kilometres (28.4 Square Miles) Lithium Prospect $BFF.ca

Posted by AGORACOM-JC at 8:55 AM on Tuesday, June 28th, 2016

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  • Acquired by staking the Humboldt Salt Marsh playa located in Dixie Valley, Churchill County, Nevada
  • Property consists of 911 claims covering 73.6 square km/28.4 square miles (7,363 hectares/18,194 acres) of salt marsh playa staked at a cost of approximately CDN$370,000

June 28, 2016 / Vancouver, British Columbia-Nevada Energy Metals “the Company” (TSX-V: BFF; OTCQB: SSMLF) (Frankfurt: A2AFBV) is pleased to announce that it has acquired by staking the Humboldt Salt Marsh playa located in Dixie Valley, Churchill County, Nevada. The property consists of 911 claims covering 73.6 square km/28.4 square miles (7,363 hectares/18,194 acres) of salt marsh playa staked at a cost of approximately CDN$370,000.

Of the seven characteristics favorable for the formation of a Lithium brine deposit as outlined in the USGS deposit model, all seven are found in Dixie Valley. The Lithium deposit model for Dixie Valley is a Clayton Valley style brine deposit.

Dixie Valley Overview

Dixie Valley is located in west central Nevada, about 160 km east northeast of Reno. The entire basin is about 98 km long and up to 16 km wide. Humboldt Salt Marsh occupies the central part of the playa and is about 10 km north-south and 6 km east-west.

Dixie Valley is home to a large and long-lived geothermal system that is still active. The Caithness Dixie Valley geothermal power plant is producing about 64 megawatts of electricity making it the largest geothermal power plant in Nevada. The active geothermal system extends about 30 km roughly north – south along the entire west side of the valley. The heat source appears to be simple very deep circulation into the crust and is not related to igneous activity.

Very little exploration work has been directed at Lithium in this area. Geothermal water in the basin contains up to 4.89 ppm Lithium and stream sediment samples from the adjacent Stillwater range show values to 80 ppm Lithium. Geologically, recent volcanic ash from the Long Valley Caldera (Bishop Tuff) and Mono craters are expected to be found within catchment area of the basin and within the basin fill sediments. One major productive horizon in the Clayton Valley brine field is thought to be Bishop Tuff deposited and preserved in the basin (Zampirro, 2004).

Dixie Valley is a closed fault-bounded basin having the lowest elevation point (1031 m, 3383 ft.) in the Northern Great Basin as measured on the Humboldt Salt Marsh playa. Given the valley has been a closed basin for at least 500,000 years and probably much, much longer, plenty of time has elapsed for evaporative concentration of Lithium bearing geothermal and surface water. The valley appears to be about 2,000 meters deep, primarily filled with poorly sorted coarse conglomerate, gravel, sand and silt with volcanic rocks, and tuff beds, and finer sediments in the lower third of the section (Blackwell et al, 2014).

The conceptual deposit model is as the basin went through multiple wet and dry periods, Lithium dissolved by deep circulating geothermal fluids or leached from local rock units by surface and near surface water, seeped into the basin where it was concentrated by evaporation. Heavier brines sink into the deeper levels of the basin or flow downward along tilted permeable beds, potentially forming subsurface pools of Lithium rich fluids. The process can be likened to an inverted oil field, with the target material being descending fluids caught in gravity traps instead of ascending fluids caught in the tops of structures. This model is somewhat akin to placer gold deposits wherein large areas of very low grade sources are concentrated into economic grades.

The Humboldt Salt Marsh project was acquired for staking cost without royalties and a 200,000 share payment to the locator.

The contents of this news release has been approved by Alan J. Morris CPG who serves as the project geologist and Qualified Person on the Teels Marsh West Project.

About Nevada Energy Metals: http://nevadaenergymetals.com/

Nevada Energy Metals Inc. is a well funded Canadian based exploration company who’s primary listing is on the TSX Venture Exchange. The Company’s main exploration focus is directed at Lithium brine targets located in the mining friendly state of Nevada. The Company has recently completed (1) a 70/30 farm-out option JV on 77 claims in Clayton Valley, approximately 250m from the Rockwood Lithium mine, the only brine based Lithium producer in North America; (2) acquisition of 100% of the Teels Marsh West project (100 claims covering 2000 acres/809 hectares) in Mineral County, Nevada; (3) acquisition of 100% ownership of the Black Rock property (128 claims covering 2,560 acres/1,036 hectares) located in southwest Black Rock Desert, Washoe County, Nevada; (4) acquisition of 100% ownership in the San Emidio Project (155 claims, 3,100 acres/1,255 hectares) near Empire, Washoe County, Nevada; (5) the acquisition of the Alkali lake Project, 60% Option from Dajin Resources Corp. (191 claims covering 3,820 acres/1,558 hectares) in the Esmeralda County, Nevada.

On Behalf of the Board of Directors

Rick Wilson, President & CEO

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 contents of this news release.

PhytoPain Pharma Reports Successful Pre-CTA Consultation With Health Canada for Its Phase I Trial With Cannabis $GCI.ca

Posted by AGORACOM-JC at 8:50 AM on Tuesday, June 28th, 2016

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  • Successful pre-CTA (Clinical Trial Application) consultation with the Therapeutic Products Directorate of Health Canada
  • Proposed Phase I clinical study of smoked cannabis
  • “This is the first step in establishing a key clinical research program aimed at developing the use of inhaled Cannabis as a prescription drug and will provide physicians with evidence on the safety and efficacy of inhaled Cannabis which remains the most commonly preferred form of ingestion by Medical Cannabis Patients,” stated Dr. Chamberland, Chief Scientific Officer and Regulatory Affairs.

OTTAWA, ONTARIO–(June 28, 2016) - PhytoPain Pharma Inc. (“PhytoPain Pharma” or “PPP“), a subsidiary of GrowPros Cannabis Ventures Inc. (“GrowPros” or the “Company“) (CSE:GCI), is pleased to announce a successful pre-CTA (Clinical Trial Application) consultation with the Therapeutic Products Directorate (“TPD“) of Health Canada regarding its proposed Phase I clinical study of smoked cannabis. PhytoPain Pharma submitted for review by the regulators, a pre-CTA information package to brief TPD on the planned clinical study and the investigational drug and its comparator (placebo). Health Canada provided feedback and guidance on the Phase I trial’s study population, placebo material, and neurological and cognitive assessment measures.

PhytoPain Pharma is on track to finalize the clinical protocol and submit the CTA application to TPD. PPP will meet with its Clinical Advisory Board to discuss the guidance from Health Canada and work with a Phase I Clinical Research Organization to implement the recommendations. In addition, PhytoPain Pharma will submit an application for exemption under section 56 of the Controlled Drugs and Substances Act for its planned research on healthy subjects.

“This is the first step in establishing a key clinical research program aimed at developing the use of inhaled Cannabis as a prescription drug and will provide physicians with evidence on the safety and efficacy of inhaled Cannabis which remains the most commonly preferred form of ingestion by Medical Cannabis Patients,” stated Dr. Chamberland, Chief Scientific Officer and Regulatory Affairs.

“I am encouraged at the speed and efficiency displayed by our team in achieving this measurable milestone in the development of our cannabis inhalation drug product. This further validates our belief that, as the regulatory environment surrounding cannabis prohibition continues to evolve, the need for standardised pharmaceutical style products will become the standard in Medicinal Cannabis for physicians, insurers, and regulators. This will position PhytoPain Pharma and GrowPros very favourably as the consumer market continues to develop.”

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

Forward-looking statements

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

GrowPros Cannabis Ventures Inc.
Ryan Brown
Chief Executive Officer
(613) 421-8402

GrowPros Cannabis Ventures Inc.
Andre Audet
Executive Chairman
(613) 421-8402

GrowPros Cannabis Ventures Inc.
Dr. Guy Chamberland
Chief Scientific Officer and Regulatory Affairs
(514) 220-9225

Durango Identifies Pegmatite Outcrops In Nemaska Whabouchi South Property and Provides Corporate Update $DGO.ca

Posted by AGORACOM-JC at 4:54 PM on Monday, June 27th, 2016

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  • Identified pegmatite outcrops via satellite imagery
  • Will help to direct the upcoming work program for Whabouchi area properties.

Vancouver, BC / June 27, 2016 – Durango Resources Inc. (TSX.V-DGO), (the “Company” or “Durango“) announces that further to the news release of June 23, 2016, Mr. Donald Theberge, P.Eng., M.B.A has identified pegmatite outcrops via satellite imagery which will help to direct the upcoming work program for Durango’s Nemaska Whabouchi area properties.

During Mr. Theberge’s compilation of information on Durango’s ground adjacent to and near the proposed Whabouchi Lithium Mine in Quebec, new satellite images were acquired which displayed outcropping of pegmatites on Durango’s properties.

Marcy Kiesman, CEO of Durango, comments, “We are pleased to see that additional pegmatite outcrops occur on one of our recently titled southern lithium properties in addition to the pegmatites which were already known on Durango’s claims. The upcoming work program will now include the newly titled claims called ‘Whabouchi South’ and ‘Lac Noir’ which are adjacent to Nemaska Lithium’s Whabouchi property and south of Durango’s NMX East claims in Quebec.”

Further to its news dated April 28, 2016, Durango advises that the proposed optionee of its NMX East properties did not confirm that it had completed due diligence to its satisfaction prior to the end of the sixty-day period specified in the term sheet (the “Term Sheet”). Consequently, management advised the proposed optionee that the Term Sheet is terminated. The proposed optionee of the NMX East properties claims that the Term Sheet is still in effect. While Durango disagrees, it is willing to continue negotiations with the proposed optionee in respect of optioning the 11 claims that were subject to the Term Sheet and will provide further details as they become available. In the meantime, Durango will be focusing its efforts on the other 38 titled lithium claims that it holds in the area.

Further to the news release dated June 22, 2016, Durango wishes to provide further disclosure on the proposed private placement (the “Financing”) as it is expected that some of the securities comprising the Financing will be distributed pursuant to the recently-adopted BC Instrument 45-536, which provides a prospectus exemption for certain securities distributions made through an investment dealer. As noted in the June 22nd news release, the Financing will be comprised of up to 2.5 million units (the “Non-Flow Through Units”) at a price of $0.10 per Non-Flow Through Unit and 2.5 million flow through units (the “Flow Through Units”) at a price of $0.125 per Flow-Through Unit, to raise gross proceeds of up to $562,500. The Company has not established any minimum offering size.

It is expected that all funds raised in connection with the Flow-Through Units will be used for exploration programs on Durango’s mineral properties in northern Quebec, including its Nemaska-area lithium projects and possibly its Trove and Decouverte properties. It is also expected that the funds raised in connection with the Non-Flow Through Units will be used for exploration programs on Durango’s Dianna Lake silver property in northern Saskatchewan and its Whitney NW property near Timmins, Ontario and also for general working capital. There is no material fact or material change about the Company that has not been generally disclosed.

The technical contents of this release were approved by Mr. Donald Theberge P.Eng., M.B.A., a Qualified Person as defined by National Instrument 43-101. The property has not been the subject of a National Instrument 43-101 report.

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 certain lithium properties near the Whabouchi mine, the Buckshot graphite property near the Miller Mine in Quebec, the Dianna Lake silver project in northern Saskatchewan, the Whitney Northwest property near the Lake Shore Gold and Goldcorp joint venture in Ontario, as well as three sets of claims in the Labrador nickel corridor.

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

Marcy Kiesman, Chief Executive Officer

Telephone: 604.428.2900 or 604.339.2243

Facsimile: 888.266.3983

Email: durangoresourcesinc@gmail.com

Website: www.durangoresourcesinc.com

Forward-Looking Statements

This document may contain or refer to forward-looking information based on current expectations, including, but not limited to the purchase, development, completion of the Financing, commencement and completion of 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 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.

FEATURE: Explor Resources (EXS: TSX-V) 609K oz Indicated / 470K oz Inferred Gold $EXS.ca

Posted by AGORACOM-JC at 5:10 PM on Friday, June 24th, 2016

Why Explor Resources?

  • Flagship Property Offers The Following:
  • NI 43-101 Resource – 609,000 oz Indicated / 470,000 Inferred
  • Teck Resources To Spend $12 MILLION To Earn 70%
  • Property Is 2.5 KM From Lake Shore Gold Mine
  • Property Is 13 KM From Downtown Timmins
  • 2nd Project 43-101 Open Pit Resource
  • 1.4 MILLION T Indicated @ 1.38% Copper
  • 2.09 MILLION T Inferred @ 1.26% Copper

ONTARIO AND NEW BRUNSWICK PROPERTIES CURRENTLY UNDER EXPLORATION

Timmins Porcupine West (TPW) (4300 ha)

  • NI 43-101 Resource: 609,000 oz Indicated
    470,000 oz Inferred Gold
  • 13 km from downtown Timmins
  • Property is 2.5 km, NE of LSG West Timmins Mine
  • Model: Hollinger McIntyre Gold System: 30,000,000 oz. Au
  • Discovery Hole 10-30 : 9.22g/tonne over 11.0 meters
  • Optioned to Teck Resources
  • Teck to spend $12,000,000 to earn 70% interest

Chester Copper & VMS Project (3500ha)

  • Mineral Target: Cu, Pb, Zn, Ag, & Au
  • 70 km SW of Bathurst NB
  • Structural Model Complete
  • 300 m wide x 2000m long mineralized Corridor identified
  • Ramp to ore zone (480 meter long (3m x 4m)
  • Optioned to Brunswick Resources (BRU)
  • Brunswick to spend $500,000 over 3 years
  • Explore to receive $40,000 and 5,000,000 shares of BRU
  • Open pit resource – NI 43-101 Resource: 1,400,000 Indicated t @ 1.38% Cu
    2,089,000 Inferred t @ 1.26 % Cu


Kidd Creek Project (2466 ha)

  • Mineral Target: Cu-Zn Ore
  • Located 1.0 km west of Kidd Creek Mine
  • Kidd Mine yielded 130M tonnes of Cu-Zn Ore since 1960
  • Numerous Geophysical max/min and IP Targets
  • Diamond Drilling winter 2015/2016

QUEBEC PROPERTIES CURRENTLY UNDER EXPLORATION

East Bay (3203 ha):

  • Mineral Target: Gold
  • Lies on Porcupine Destor Fault Zone, on strike with Beattie & Donchester mine
  • Historical channel samples by Lacana Mining in 1982 including: 0.81 oz/ton over 5ft; 0.16 oz/ton over 6 ft; 0.10 oz/ton over 10 ft
  • Wrap around Clifton Star

Nelligan (1198 ha):

  • Mineral Target: Nickel
  • Located in Val d’Or mining district of Quebec
  • Historical grab samples of 10% Ni and 0.6% Cu obtained by INCO
  • Discovered anomalous Nickel, Copper Zones

Launay (2250 ha):

  • Mineral Target: Nickel
  • Mineralized zones contained in mafic volcanic rocks
  • Contiguous to Royal Nickel’s Dumont property (NW end)

12 Month Chart

 

Uragold Annual Shareholder meeting results $UBR.ca

Posted by AGORACOM-JC at 8:56 AM on Friday, June 24th, 2016

Uragold_new

June 24, 2016 / Montreal, Quebec, Canada – Uragold (TSX Venture: UBR) is pleased to report that all matters submitted to the shareholders for approval as set out in the Company’s Notice of Meeting and Information Circular, were approved at the Annual General and Special Meeting of the shareholders held on Wednesday June 22, 2016 in Montreal (the “AGM”).

Over 52,599,348 shares representing 42.31% of the 124,318,662 shares issued and outstanding as at the record date were voted.

Bernard Tourillon, Chairman and CEO of Uragold stated, “We extremely pleased with shareholders participation. This bodes very well for the future.”

RESULTS OF THE AGM VOTES

  1. 1.With over 99% of the vote in favor, the following persons were re-elected as directors of the Corporation, to hold office until the next Annual Meeting or until their successors are elected or appointed:
  • -Bernard J. Tourillon;-Patrick Levasseur;

    -Richard Mimeau;

    -Peter H. Smith;

    -Noelle Drapeau;

    -Robert Robitaille.

  1. 2.With 99.5% of the vote in favor, Raymond Chabot Grant Thornton, LLP, chartered accountants, were appointed auditors of the Corporation for the ensuing year.
  2. 3.With 99.4% of the vote in favor, shareholders approved the signature by the Corporation of the letter of intent and financing through convertible debenture private placements with Stone River Capital LLC (Stone River) or other entity defined by Stone River, approving the issuances of convertible debentures and the future issuances of common shares of the Corporation upon conversion thereof and the granting to Stone River or other entity defined by Stone River of an exclusive right to sell our High Purity Quartz, Si, Sg Si and/or Polysilicon in Asia (“Asia Exclusivity”) for a period of 20 years.
  3. 4.With 98.9% of the vote in favor, shareholders approved and authorized the creation of a control person in connection with and resulting from the issuances of convertibles debentures and the conversions thereof;
  4. 5.With 99.5% of the vote in favor, shareholders approved the spin out of the Gold assets by the Corporation into a separate company whereby the Corporation will transfer into a new company (Newco) all its gold assets including all gold properties, all gold claims and all interest or participation therein (gold assets), less the option between the Corporation and Golden Hope mines Inc and will return to its shareholders 80% of the shares and securities received from Newco in payment for all gold assets sold and transferred.
  5. 6.With 99.3% of the vote in favor, shareholders approved amending the articles of the Corporation in order to change the name of the corporation to Silicon Canada Resources Inc. / Les Ressources Silicium du Canada Inc. or such other name that could be acceptable to the Director of Corporate Affairs of Industry Canada and the Directors.

OPTION GRANT

The TSX-Ventures having approved the agreement between Uragold and Paradox Public Relations (Paradox), the Corporation has therefore granted Paradox an option to purchase 500,000 common shares of Uragold. The stock options are exercisable for a period of two years from the date of grant at an exercise price of $0.15 per share. The options vest over a twelve month period in equal amounts at the rate of 25 per cent per quarter.

Furthermore the Corporation has granted 100,000 stock options to an officer of the Corporation. The stock options are exercisable for a period of five years from the date of grant at an exercise price of $0.15 per share.

The options have been granted under and are subject to the terms and conditions of the Company’s Stock Option Plan.

About Uragold

Uragold Bay Resources is a TSX-V listed junior exploration company planning to become a vertically integrated and diversified High Value Specialty Materials Company. Uragold has announced plans to spin out its Beauce Gold Project – the largest placer gold deposit in eastern North America. Our Business model is focused on developing unique projects that can generate high yield returns and significant free cash flow within a short time line.

High Value Specialty Materials

In September 2015, PyroGenesis announced that it had filed for a provisional patent for the PUREVAPTM Quartz Vaporization Reactor (QVR) process, which it noted was able to produce silicon, at a lower cost, while generating less CO2 emissions than current processes.

On April 19, 2016, PyroGenesis announced that early test results of the PUREVAPTM QVR process have demonstrated that it can transform high purity quartz into silicon metal. The PUREVAPTM QVR validation program his now in its second stage whereby the operational parameters of the reactor are adjusted in order to achieve the transformation of Uragold Quartz into Solar Grade Purity Si.

Uragold, with its worldwide exclusive usage of PyroGenesis’ PUREVAP(TM) QVR, is endeavouring to become a vertically integrated Silicon Metal (98.5% Si), 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 into High Purity Silicon Metal Solar Grade Silicon Metal and/or Higher Purity product, 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.

The Science Behind PyroGenesis PUREVAP(TM) QVR Process Is Solid:

  • -Plasma arc based process can and has transformed High Purity Quartz into Mg Si.-Plasma arc based process can and is being used to purify Mg Si into higher value materials such as Sg Si.

    -Finally, refining Mg Si using an electron-beam furnace in a high vacuum-processing environment has proven the concept of the elimination of elements whose vapor pressures are higher than that of silicon.

What is unique and ground breaking is the combination of these three proven processes into one step.

A Green And Clean Company

Uragold, with its worldwide exclusive usage of PyroGenesis’ PUREVAP(TM) QVR will also be implementing a process to make Sg Si, which is estimated to generate 14.1 kg CO2 eq/Kg SG Si, versus the 54.0 kg CO2 eq/Kg SG Si of emissions generated by the Siemens process (90% of the present production process). This represents 75% fewer greenhouse gas emissions, which is justified by elimination of the emissions emanating from the use of chemicals, as well as, energy consumption from the additional purification step.

High Purity Quartz Properties

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.

About Our Beauce Gold Project – Preparing To Be Spun Out To Unlock Value

The Beauce Gold Project is a unique, historically prolific gold field located in the municipality of Saint-Simon-les-Mines in the Beauce region of Southern Quebec. Comprising of a block of 37 claims 100% owned by Uragold Bay Resources, the project area hosts a six (6) km long unconsolidated gold bearing sedimentary units (a lower saprolite and an upper brown diamictite) holding the largest placer gold deposit in eastern North America. The gold in saprolite indicates a close proximity to a bedrock source of gold providing significant potential for further exploration discoveries.

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

Or

Carl Desjardins, Paradox Public Relations Inc., Tel (514) 341-0408