Agoracom Blog Home

Posts Tagged ‘venture’

#Copper climbs to one-week high on #China demand hopes $LBSR $TMBXF $MIN.ca

Posted by AGORACOM-JC at 11:06 AM on Monday, October 22nd, 2018

  • Copper prices climbed to one-week highs on Monday due to expectations of stronger demand after authorities in top consumer China said they would take measures aimed at bolstering growth and liquidity
  • Benchmark copper on the London Metal Exchange was up 1.2 percent at $6,292 a tonne at 0919 GMT from an earlier $6,331.50 a tonne, the highest since Oct. 15.

Imaduddin October 22, 2018

LONDON: Copper prices climbed to one-week highs on Monday due to expectations of stronger demand after authorities in top consumer China said they would take measures aimed at bolstering growth and liquidity.

Benchmark copper on the London Metal Exchange was up 1.2 percent at $6,292 a tonne at 0919 GMT from an earlier $6,331.50 a tonne, the highest since Oct. 15.

China’s central bank governor said last week it would roll out targeted measures to help ease company financing problems and encourage commercial banks to boost lending to private firms.

“The news from China is encouraging for metals,” said Eugen Weinberg, analyst at Commerzbank. “Measures that add liquidity will help in the short to medium term, but it won’t solve the problem of indebtedness, a problem for some years now.”

CHINA TAX: China’s tax cuts next year could exceed the equivalent of 1 percent of gross domestic product, a central bank adviser said, in a sign policymakers might be considering another round of tax reductions.

GROWTH: China’s economic growth cooled to its weakest quarterly pace since the global financial crisis, with regulators moving quickly to calm nervous investors as a years-long campaign to tackle debt risks and the trade war with the United States began to bite.

DEMAND: China accounts for about half of global copper demand estimated this year at around 24 million tonnes.

China is “multiplying its efforts to support the economy, and in particular, the infrastructure sector amid domestic and international headwinds,” such as the trade war with the United States and high debt levels, Fitch Solutions said in a note.

The country’s demand for copper, an economic bellwether, “will improve over the coming months as property completions and grid investment picks up and demand from the autos and consumer sectors remain buoyant,” added the research house.

TECHNICALS: Strong upside resistance for copper is at the 100-day moving average, currently at around $6,320 and support is at $6,115, the 55-day moving average.

STOCKS: Traders say significantly higher copper prices in China could encourage further outflows from LME approved warehouses to those monitored by the Shanghai Futures Exchange.

LME copper stocks at 154,225 tonnes have tumbled 27 percent since Sept. 24, while those in ShFE warehouses are up about 27 percent over the same period to 140,789 tonnes.

PRICES: Aluminium was up 1.2 percent at $2,028, zinc  gained 1.3 percent to $2,660, lead added 1.4 percent to $2,020, tin rose 0.1 percent to $19,190 and nickel was up 1.4 percent to $12,615 a tonne.

Source: https://www.brecorder.com/2018/10/22/448516/copper-climbs-to-one-week-high-on-china-demand-hopes/

$AAO.ca Augusta Provides Updates

Posted by AGORACOM-Eric at 9:32 AM on Monday, July 16th, 2018

Augusta Provides Updates

    • FOX-TEK’s Clean Growth Program was not on the 100 asked to proceed to the next stage.
    • It was identified, at the expert evaluation stage, as being a project having substantial merit
    •  Augusta’s annual and special shareholders’ meeting was held on July 11, 2018

Toronto, Ontario–(Newsfile Corp. – July 16, 2018) – Augusta Industries Inc. (TSXV: AAO) (the “Corporation”), a developer and marketer of patented non-intrusive sensing systems, would like to provide a general update.

Clean Growth Program Further to its press release of March 5, 2018, the Corporation reports that the letter of intent that was submitted by its wholly owned subsidiary, Fox-Tek Canada Inc. (“Fox-Tek”), to the Green Growth Program was not chosen as one of the 100 proposals to proceed to the full project proposal stage.

The Clean Growth Program covers five areas focused on pressing environmental challenges and economic opportunities facing Canada’s natural resource operations:

  • Reducing greenhouse gas and air-polluting emissions.
  • Minimizing landscape disturbances and improving waste management.
  • The production and use of advanced materials and bio-products.
  • Efficient energy use and productivity.
  • Reducing water use and impacts on aquatic ecosystems.

The program received approximately 750 proposals and of these, only 400 proposals were selected for expert evaluation, of which Fox-Tek’s proposal, which was focused on landscape disturbances and waste management in the energy sector, was one of those chosen. Of the 400 proposals, only 100 were invited to participate in the full project proposal stage. Due to the high number of quality submissions received by the Clean Growth Program, Fox-Tek’s proposal was not on the 100 asked to proceed to the next stage.

Although the Fox-Tek proposal will not be participating in the full project proposal stage, it was identified, at the expert evaluation stage, as being a project having substantial merit. As such, the Clean Growth Program has notified Fox-Tek that it will be introducing the company’s proposal to the Clean Growth Hub and other federal and/or provincial programs with the intention of securing government funding to proceed with its proposal.

The Clean Growth Hub is a “whole-of-government” focal point for the Government of Canada’s clean technology ecosystem focused on supporting companies and projects.

Shareholders’ Meeting

The Corporation is pleased to announce that at its annual and special shareholders’ meeting held on July 11, 2018, the shareholders approved the following matters:

  1. The appointment of Messieurs Allen Lone, Warren Goldberg, Tony Boogmans, Steve Ewaskiw and Jay Vieira as directors.
  2. The appointment of Wasserman Ramsay, Chartered Accountants, as auditors of the Corporation.
  3. The ratification of the Corporation’s stock option plan.
  4. The proposed change of business of the Corporation from an ‘industrial issuer’ to an ‘investment issuer’.
  5. The proposed change of the Corporation’s name from its current form to “IntellaEquity Inc.”
  6. The proposed sale of all of the issued and outstanding securities of Fox-Tek to Mooncor Oil & Gas Corp. pursuant to an amalgamation agreement dated June 11, 2018.
  7. The proposed consolidation of the Corporation’s issued and outstanding common shares on an one (1) for up to twenty (20) basis.
  8. The proposed delisting of the Corporation’s common shares from the TSX Venture Exchange and the listing of its shares for trading through the facilities of the Canadian Securities Exchange.

The Corporation would like to thank all of its shareholders that voted their shares in favor of the matters presented and the Corporation will provided updates on same as they become available.

Extension of Warrants

The Corporation will also like to announce that it has received TSX Venture Exchange approval and as of July 14, 2018, the expiry date of the 20,200,000 common share purchase warrants (the “Warrants”) of the Corporation was extended from July 14, 2018 to July 14, 2020.

The Warrants, which were originally issued on July 14, 2015, were issued pursuant to the Corporation’s private placement offering of 20,200,000 units. Each Unit was comprised of one (1) common shares and one (1) common share purchase warrant (the “Warrant”). Each Warrant entitles the holder thereof to acquire one (1) common share at an exercise price of $0.07 per share at any time until close of business on July 14, 2018.

Each Warrant, as amended, will entitle the holder thereof to purchase one common share of the Corporation at any time until the close of business on July 14, 2020 at an exercise price of $0.07 per common share. All other provisions of the Warrants will remain the same.

About the Corporation:

Through its wholly owned subsidiaries, Marcon International Inc. (“Marcon”), Paragon Blockchain Inc. (“Paragon”) and Fox-Tek, the Corporation provides a variety of services and products to a number of clients.

Marcon is an industrial supply contractor servicing the energy sector and a number of US Government entities. Marcon’s principal business is the sale and distribution of industrial parts and equipment (Electrical, mechanical and Instrumentation.) In addition to departments and agencies of the U.S. Government, Marcon’s major clients include Saudi Arabia-Sabic Services (Refining and Petrochemical), Bahrain National Gas Co, Bahrain Petroleum, Qatar Petroleum, Qatar Gas, Qatar Petrochemical, Gulf of Suez Petroleum, Agiba Petroleum and Burullus Gas Co.

Fox Tek develops non-intrusive asset health monitoring sensor systems for the oil and gas market to help operators track the thinning of pipelines and refinery vessels due to corrosion/erosion, strain due to bending/buckling and process pressure and temperature. The Corporation’s FT fiber optic sensor and corrosion monitoring systems allow cost-effective, 24/7 remote monitoring capabilities to improve scheduled maintenance operations, avoid unnecessary shutdowns, and prevent accidents and leaks.

Paragon has the potential to unlock substantial new opportunities capable of impacting the business of Marcon. Specifically, Marcon seeks to create an eco-system in the supply chain management of clients to change the dynamics of the scoping and bidding process by providing vendors and subcontractors with A.I. data mining tools to proactively drive the process. Blockchain technology is of critical importance to Fox-Tek as well particularly the expansion of its’ non-intrusive technology in the oil & gas industry, whose clients include many of the biggest companies in the world.

Corporation contact:

Allen Lone, President and C.E.O
Tel: (905) 275 -8111 Ext 226
email: [email protected]

$GR.ca Great Atlantic Collects Sample for Preliminary Tungsten Sorting Studies on Its 100% Owned South Quarry Tungsten Property, Newfoundland

Posted by AGORACOM-Eric at 9:16 AM on Monday, June 25th, 2018

https://s3.amazonaws.com/s3.agoracom.com/public/companies/logos/564603/hub/GREATATLANTIC_LOGO_TESTER-e1480712241913.jpg

  • Collected a bench scale metallurgical sample of tungsten bearing vein material from its South Quarry Tungsten Property
  • Sample processed utilizing ore sorting technologies to evaluate viability of processing the tungsten bearing veins on the Property.
  • The Property hosts tungsten mineralization in multiple areas, including high grade pegmatite veins in the area of two quarries in the northern region of the Property

Vancouver, British Columbia (FSCwire)GREAT ATLANTIC RESOURCES CORP. (TSXV.GR) (the “Company” or “Great Atlantic”) is pleased to announce it has collected a bench scale metallurgical sample of tungsten bearing vein material from its South Quarry Tungsten Property, located in east-central Newfoundland. The sample will be processed utilizing ore sorting technologies to evaluate the viability of such technologies for processing the tungsten bearing veins on the Property. The Property hosts tungsten mineralization in multiple areas, including high grade pegmatite veins in the area of two quarries in the northern region of the Property. Previous grab samples collected by Great Atlantic from the two quarries exceeded 1% WO3 with some samples exceeding 5% WO3 (News Release of November 19, 2015).

 

To view the graphic in its original size, please click here

 

Tungsten bearing pegmatite veins occur in the northern region of the property including at a quarry referred to as the South Quarry and an adjacent smaller quarry. The veins were first reported in the area of these quarries during the 1980s. Great Atlantic confirmed high grade tungsten mineralization (scheelite) in veins in rubble and bedrock at the two quarries during 2015 (News Release of November 19, 2015). Eleven rubble grab samples exceeded 5% WO3 (W % x 1.26 equals WO3%). A 20 cm long channel sample along a 15cm wide vein in the small quarry returned 2.96% WO3 while a grab sample from a 0.25 meter wide vein in the South Quarry returned 11.94% WO3.

 

Great Atlantic recently collected a bench scale sample of tungsten bearing vein material from the South Quarry for preliminary metallurgical studies. The sample will be processed utilizing ore sorting technologies to evaluate the viability of such technologies for processing the tungsten bearing veins on the Property. Great Atlantic is currently discussing ore sorting options with various processing companies.

 

Tungsten Bearing Pegmatite Veins at South Quarry

To view the graphic in its original size, please click here

 

A qualified person verified the 2015 sample data. The qualified person supervised the 2015 sampling. The 2015 samples (and lab-inserted blank, duplicate and standard samples) were analyzed at ALS Minerals in Sudbury, Ontario (ALS Minerals is independent of Great Atlantic Resources). Tungsten analysis was by lithium metaborate fusion followed by acid dissolution and ICP-MS analysis with some samples re-analyzed by XRF.

 

South Quarry

To view the graphic in its original size, please click here

 

Tungsten bearing vein cutting metasediment rubble at South Quarry

To view the graphic in its original size, please click here

 

The company is also planning diamond drilling during 2018 on the South Quarry Property. The Company has received a permit to drill five holes in the northern region of the Property in an area where 2016 trenching exposed tungsten bearing veins.

 

The South Quarry Property covers an area of 3,600 hectares. Access to the property is excellent with a paved road transecting the property.

 

Christopher R. Anderson, President, CEO and Director, stated, “Mr. Martin and Myself were an integral part of the initial Management team that advanced the Sisson Tungsten-Molybdenum Project in New Brunswick, an advanced stage project currently operated by Northcliff Resources Ltd.  We understand the tungsten market and feel that the South Quarry Tungsten Property, although early stage, has the ear marks of being a significant asset for the company.

 

Currently Great Atlantic has two Joint Venture partners and we would be happy to welcome a third to assist in advancing the South Quarry Tungsten Project.”

 

David Martin, P.Geo., a Qualified Person as defined by NI 43-101 and VP Exploration for Great Atlantic, is responsible for the technical information contained in this News Release.

 

About Great Atlantic Resources Corp.: Great Atlantic Resources Corp. is a Canadian exploration company focused on the discovery and development of mineral assets in the resource-rich and sovereign risk-free realm of Atlantic Canada, one of the number one mining regions of the world. Great Atlantic is currently surging forward building the company utilizing a Project Generation model, with a special focus on the most critical elements on the planet that are prominent in Atlantic Canada, Antimony, Tungsten and Gold.

 

On Behalf of the board of directors

 

“ Christopher R Anderson ”

 

Mr. Christopher R Anderson “Always be positive, strive for solutions, and never give up”

President CEO Director

604-488-3900

$GLI.ca Glacier Lake Drills 153m of 28.9 g/t AgEq at Silver Vista $JAX.ca $GTT.ca

Posted by AGORACOM-Eric at 8:33 AM on Wednesday, May 23rd, 2018

  • Completed Seven holes totaling 1,273 metres on the “MR” target
  • Significant silver-copper hosted in fine-grained, clastic sediments was intersected in all 7 holes
  • Hole SV-18-06 returned multiple horizons of mineralization over the entire length of the hole 153.4 metre length averaging 28.9 grams per tonne (g/t) silver equivalent

Glacier Lake Resources Inc. has released results from its maiden diamond drill program on its Silver Vista property located near Smithers, B.C.

Significant silver-copper mineralization hosted in fine-grained, clastic sediments was intersected in all seven holes. Hole SV-18-06 returned multiple horizons of mineralization over the entire length of the hole, with the 153.4 metre length averaging 28.9 grams per tonne (g/t) silver equivalent (Ag Eqv *1), comprised of 16.1 g/t Ag, 0.05 percent copper (% Cu), and 0.10 % zinc (Zn). Hole SV-18-06 was the northernmost hole and the mineralized zone is open and undrilled to the west, north and northwest.

“Results from our maiden drill program on the Silver Vista ‘MR’ target support a large mineralizing system, with excellent potential to expand the silver-copper zones to the northwest and west,” says Saf Dhillon, President and Chief Executive Officer. Surface work will resume in June to refine the multiple soil geochemistry targets prior to a Phase 2 drill program. The company is fully permitted for 10,000 metres of drilling at upward of 40 sites.

The drill results were interpreted and assessed based on copper equivalent grades (Cu Eqv) of +/= 0.50 % Cu Eqv., and +/= 0.20% Cu Eqv.

The following are the intercepts base on +/= 0.50 % Cu Eqv.:

*1 {A –} Copper and silver equivalents are calculated based on the values of copper, silver and zinc, and metal prices of $16.50/ounce for silver, $3.05/lb for copper and $1.35/lb for zinc.

Seven holes, totaling 1,273 metres were completed on the “MR” target, representing the first drilling on the Silver Vista property since the initial 1991-1992 Equity Silver Mines Ltd. (a division of Placer Dome Inc., now Barrick Gold Corp.) program of 1,252.5 metres in 14 holes. Preliminary interpretations include:

A large, mineralizing system is indicated, with multiple, stacked zones of silver, copper and zinc mineralization occurring from outcrops to depths over 200 metres. Hole SV18-06 was mineralized from the overburden collar (4.6 m) to a depth of 157. 9 meters. Holes SV18-04 was mineralized from the collar to 49.0 meters, and hole SV18-07 was mineralized from the collar to 43.0 meters (see table below).

Near surface stacked zones are indicated by the recent drill program. Outcrop exposure is very limited due to subtle topography, however extensive soil geochemistry has uncovered numerous other silver and copper anomalies interpreted to have potential for further discovery of similar mineralization to the “MR target.”

The silver, copper and zinc mineralization is finely disseminated in multiple sedimentary horizons, but not obvious to the naked eye. A portable XRF (X-ray fluorescence) unit was successful in the preliminary identification of mineralized zones and helped guide the progress of the drill program. The mineralization appears to be broadly stratabound in preferred sandstone horizons with the sediments displaying a moderate north to northwest dip. Plant debris and organic matter are encouraging indicators, but alteration and veining are visibly minor and appear to be unrelated to elevated metal values.

Based on the recently completed drill program the sediments appear to be dipping moderately to the north. Holes SV18-01 and SV18-02 are therefore drilled with the dip and appear to have shallow intersection angles, in the order of 20 degrees to 30 degrees. The remaining five holes were drilled across the dip and therefore appear to have steeper intersections angles in the order of 60 to 70 degrees. Further drilling, with multiple holes on the same section or “fence”, is required to confirm the dip of the stacked mineralized bodies and the enclosing sediments.

Further details can be found in the National Instrument 43-101 report on the property located under the company’s SEDAR profile.

Quality assurance/quality control

The entire length of core for each of the seven drill holes was sawn and sampled at continuous 1.0-metre intervals, with occasional shorter or longer intervals based on apparent wallrock and mineralization contact. Supervision, organization and sawing of drilling core samples was undertaken by personnel from geological consultant Mammoth Geological Ltd. Half of the core was bagged, sealed and securely stored until shipment to the laboratory. The other half was retained in a secure storage location. Certified reference standards and blanks were placed in the sample stream of each drill hole alternating at every 25th interval. The secured and sealed samples were packed into rice bags, sealed and securely stored until they were turned over to the local trucking company for transport to the ALS Minerals Laboratory in North Vancouver, B.C.

All core samples were analyzed utilizing ALS’s MEICP-61 procedure, a four-acid digestion of a one-gram sample with an ICP finish. Samples with overlimit copper or silver values received an ME-OG62 analysis, a four-acid digestion of a 0.5-gram sample with ICP-AES finish.

In addition to Glacier Lake’s third-party standards, a routine quality assurance/quality control (QA/QC) procedure monitored the analytical quality at the lab. Certified reference materials (CRMs), pulp duplicates and blanks were inserted into each lab batch of samples. The Glacier Lake and ALS Lab QA/QC data showed no irregularities.

The technical content of this news release has been reviewed and approved by R.Tim Henneberry, PGeo, a member of the Glacier Lake advisory board and a qualified person as defined by National Instrument 43-101 — Standards of Disclosure for Mineral Projects.

 

$NSM.ca Northern Sphere Mining Corp. to Follow up on Cobalt Values up to 0.23% Sampled from Various Showings on Its Sudbury District Scadding Property

Posted by AGORACOM-Eric at 6:00 PM on Thursday, April 19th, 2018

 

 

  • Cobalt identified in 0.20 and 0.23% 2 KM apart from each other
  •  Scadding hosts abundant Nippissing diabase intrusives with a NW-SE orientation
  • Mineral resources found on the property are clustered and parallel to the Nippissing dykes
  • At the Scadding Property, favourable geological context also occurs in contact zones between the Nippissing intrusives and a competent host rocks

Northern Sphere Mining Corp. (CSE: NSM) (OTCQB: NSMCF) (“Northern Sphere” or the “Company”) will be investigating known Cobalt anomalies on its Scadding Property located in Sudbury’s Nickel District. Outcrop sampling at two separate mineral showings, approximately 2 km apart, returned values of 0.23% Cobalt (Red Rock Occurrence) and 0.20% Cobalt (McLean Secret Showing). Geophysical signatures identified by Northern Spherein 2017 correlate well with the location of these outcrops. The 3D magnetic re-inversion (which re-interprets and models three dimensional geophysical data) identified several optimal targets on our 40,000-acre property.

In addition to the significant Cobalt values recovered from outcrop sampling, Northern Sphere also analysed for Cobalt as part of a multi-element package on its last hole during the 2017 drill campaign. Hole NSM-17-06 returned values of up to 189 ppm Cobalt and 678 ppm Nickel from drill core exhibiting strong chloritized segments. Northern Sphere intends to analyse a percentage of similar material from its core storage facility for both Cobalt and Nickel. Currently, Northern Sphere is prioritizing optimized drill targets for its 2018 drill campaign.

Scadding Property — Sudbury District, Ontario

The Scadding Property is nestled at the junction between the Abitibi-Wawa greenstone belt (which encompasses the Sudbury Igneous Complex), the Grenville Front, and the Huronian Supergroup (see Figure 1). The Scadding Property is located at a large scale structural junction. World class base metal deposits are located to the West (Sudbury Nickel District) and precious metal deposits are located to the East (River Valley Pt-Pd, Cobalt Silver).

Figure 1: Favorable Geology Hosting Major Fault Zone Intersections

Cannot view this image? Please visit:

http://orders.newsfilecorp.com/files/2104/34144_a1524169023079_42.jpg

The Scadding Property plays host to abundant Nippissing diabase intrusives which utilized pre-existing structure during emplacement. The intrusives demonstrate a preferred NW-SE orientation. Mineral resources found on the property are clustered within these corridors and parallel to the Nippissing dykes. Within the Cobalt, Ontario Camp, Silver and Cobalt mineralization are generally found in proximity to the Nippissing Diabase. At the Scadding Property, favourable geological context also occurs in contact zones between the Nippissing intrusives and a competent host rocks (i.e. quartzite of the Serpent Formation).

Northern Sphere will continue to advance and acquire district scale properties for successful future mineral exploitation.

Quality Control

Northern Sphere’s quality control and assurance program includes the use of an independent certified lab, AGAT Laboratories (“AGAT”) of Mississauga, Ontario. All AGAT geochemical hub laboratories are accredited to ISO/IEC 17025:2005 for specific analytical procedures. The AGAT quality program includes quality control steps through sample preparation and analysis, inter-laboratory test programs, and regular internal audits. It is an integral part of day-to-day activities, involves all levels of AGAT staff and is monitored at top management levels.

Qualified Persons

Steve Gray, P.Geo., Vice President of Northern Sphere has reviewed the scientific and technical information in this press release and is Northern Sphere’s “Qualified Person” as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects.

About Northern Sphere Mining Corp.

Northern Sphere is dedicated to growth through the acquisition and development of mining assets with an emphasis on gold, silver and copper. In efforts expedite and optimize mineral targeting on its assets, the Company is employing cutting-edge exploration technologies to generate robust mining projects. Headquartered in Toronto, Ontario, Northern Sphere has a strong project pipeline of properties with a focus on gold, silver and other metal production in pro-mining jurisdictions.

Cautionary Statements

This press release contains forward-looking statements which reflect Northern Sphere’s current expectations regarding future events. The forward-looking statements involve risks and uncertainties. Actual results could differ materially from those projected herein. Northern Sphere disclaims any obligation to update these forward-looking statements other than as required by applicable securities laws.

For further information, please contact:

John Carter
Chief Executive Officer
Northern Sphere Mining Corp.
Tel: 905-302-3843

 

 

 

$GGX.ca GGX Gold’s Newly Discovered Everest Vein First Three Drill Holes Completed Greenwood BC $NNA.ca, $GZD.ca

Posted by AGORACOM-Eric at 9:00 AM on Wednesday, March 28th, 2018

 

  • Completed the first three diamond drill holes on the Newly Discovered Everest Vein
  • DD EVE18-2 – intersected a 19.15 meter mineralized zone that includes a 5.3 meter strongly silicified zone with a total of 1.62 meter  of quartz intercepts.

Vancouver, British Columbia (FSCwire)GGX Gold Corp. (GGX: TSX.v), (GGXXF: OTCQB), (the “Company” or “GGX”) is pleased to announce it has completed the first three diamond drill holes on the Newly Discovered Everest Vein.   The company is simultaneously continuing to drill the COD Vein with a second Diamond Drill. The COD Vein is approximately 600 meter’s North of the Everest Vein and 100 Meter’s East. updates will be released shortly.

 

To view the graphic in its original size, please click here

 

The current diamond drilling program on the Everest Vein which was first discovered by Company prospectors during the 2017 work program. Chip samples collected in 2017 across the approximate 0.4 meter wide vein exposure returned up to 52.8 g/t gold and 377 g/t silver while a grab sample of a quartz vein boulder broken off the outcrop by the excavator returned 81.8 g/t gold and 630 g/t silver (News Release of August 21, 2017). The drill program is designed to test the vein at depth. The reported intercepts are reported as core length.

 

To view the graphic in its original size, please click here

 

DD EVE18-1 – intersected an 11.35-meter-wide strongly mineralized and silicified zone.

 

DD EVE18-2 – intersected a 19.15 meter mineralized zone that includes a 5.3 meter strongly silicified zone with a total of 1.62 meter  of quartz intercepts.

 

DD EVE18-3 – intersected a 2.76 meter wide mineralized and silicified zone that includes 1.2 meter of quartz veining.

 

To view the graphic in its original size, please click here

 

To view the graphic in its original size, please click here

 

The core is currently being split and securely packaged for shipment to ALS laboratories in Vancouver, BC. There the core will be analyzed for gold by Fire Assay and for 48 multi element Four Acid and ICP-MS. Quality control (QC) samples are being inserted at regular intervals.

 

David Martin, P.Geo., a Qualified Person as defined by NI 43-101 and consultant for GGX, is responsible for the technical information contained in this News Release.

 

To view the Original News release with pictures please go to the website or contact the company.

 

On Behalf of the Board of Directors,

Barry Brown, Director

 

604-488-3900

[email protected]

 

Investor Relations:                Mr. Jack Singh, 604-720-6598   [email protected]

 

“ We don’t have to do this, we get to do this ” 

The Crew  

 

Forward Looking Information

 

 

FEATURE: $AAO.ca Why Augusta Industries is an under valued company

Posted by AGORACOM-Eric at 1:43 PM on Thursday, March 15th, 2018

 

 

Augusta Industries Subsidiary FOX-TEK Canada Inc is a rare Gem of a tech company where its technology, potential and capabilities are undervalued and therefore discounted. Investors don’t seem to appreciate that FOX TEK is making great strides with its available resources while developing industry disruptive technology capable of meeting current value expectations. The patient investor understands and values a company that is creating new and disruptive technological tools

Sales and revenue evaluation of a company is great when you are invested in GE, FORD, GM, IBM and Apple, but the real value missed here by a few shareholders is what FOX-TEK’s engineers are able to create. FOX TEK first started with the FT Systems as its sole technology and below is living proof of what FOX-TEK has been able to create.

1) Electric Field Mapping (EFM) Corrosion monitor

Used predominately to measure, with great accuracy, the material loss in pipelines and vessels due to corrosion/erosion. The technology has been successfully used as a validation of existing integrity programs. The technology can also be used in research and material testing applications.

2) Fiber Bragg Grating (FBG) System

Technology based on optical strain sensors. These sensors are inherently safe (due to the fact that the sensors are powered by light) and easy to use. Due to the high bandwidth of the sensors, they can also be used to measure vibrations. There many applications in both the oil & gas sector and civil infrastructure where these sensors can bring a benefit.

3) FG-OD

Novel non intrusive leak detection technology used to detect leaks in pipelines and vessels. Due to its high sensitivity, the sensor cable can also detect VOC due to leaks.  By using smart detection levels and adapting to its environment, this technology will generate zero false alarms.

4) Advanced Sensor Design

Advanced intrusive optical sensor that will, over time, change its optical characteristics when in the presence of various elements. Can be used in applications where specific trace elements can lead to a negative impact on normal operating conditions.

5) Currently as per FOX-TEK’s last Press release, working to develop a new technology to measure the ingress of damaging liquids under insulation/coating. This LOI is indicative of the confidence major parties involved have in the burgeoning technology, be it Federal, Provincial Academic or Business.

http://www.fox-tek.com/home.php

 

$GRAT.ca Gratomic to create blockchain for Graphene

Posted by AGORACOM-Eric at 10:42 AM on Tuesday, January 30th, 2018

 

 

  • LOI with strategic partner to create graphene based Blockchain ecosystem
  • New ecosystem to facilitate distribution and sale graphite produced from its Aukam mine in Namibia.
  • Once design of the ecosystem is complete, the two parties will form a 50/50 joint venture
  • Gratomic’s strategic partner is well experienced in the Blockchain technology and cryptocurrency fields

 

Gratomic Inc. has entered into a letter of intent with a strategic partner to establish, finance, design, develop, market and create an ecosystem for producers and users of graphene in all parts of the graphene food chain based on blockchain technology. This new ecosystem will facilitate distribution and sale of the Company’s graphene products being manufactured from graphite produced from its Aukam project in Namibia.

Once the strategic partner has completed its design of the ecosystem, the two parties will form a 50/50 joint venture and respectively fund the development of the blockchain until fully commercialized. Consummation of a joint venture agreement is subject to the execution of a definitive agreement by June 30, 2018.

Gratomic’s strategic partner is well experienced in the blockchain technology and cryptocurrency fields having recently been involved with creating a token for online gaming, as well as providing structural, technical, and strategic advice for other entities within the mining industry.

Gratomic’s Co-CEO Sheldon Inwentash stated, “With this development, Gratomic will gain benefit through association with a team experienced in operating a diversified business based on blockchain technology which could ultimately increase shareholder value.”

About Gratomic Inc.

Gratomic Inc. is an advanced materials company focused on mine to market commercialization of graphite products most notably high value graphene based components for a range of mass market products. We are collaborating with a leading European manufacturer of graphenes to use Aukam graphite to manufacture graphene products for commercialization on an industrial scale. The Company is listed on the TSX Venture Exchange under the symbol GRAT.

 

GGX Gold Extends Drilling Targets 600 Meters

Posted by AGORACOM-Eric at 6:26 AM on Wednesday, January 10th, 2018

 

https://s3.amazonaws.com/s3.agoracom.com/public/companies/logos/564602/hub/ggx_large.png

    • Soil sample analytical results from the 2017 fall program on the Gold Drop Property
    • Conducted in the  Southwest Zone between the COD gold showing and the COD North gold showing and north of the gold bearing Everest vein
    • A total of 334 soil samples were collected along 31 soil lines. These lines were spaced 25m apart

 

Gold Drop Property, Greenwood British Columbia

Vancouver, British Columbia (FSCwire)GGX Gold Corp. (TSXV: GGX) (the “Company” or “GGX”) is pleased to announce the receipt of soil sample analytical results from the 2017 fall program on the Gold Drop Property, located in southern British Columbia. The soil sampling geochemical program was conducted in the Gold Drop Southwest Zone between the COD gold showing and the COD North gold showing and north of the gold bearing Everest vein. The program identified gold soil anomalies including high values of 0.061, 0.073 and 0.088 ppm gold.

 

To view the graphic in its original size, please click here

 

A total of 334 soil samples were collected during the program and submitted to ALS Minerals in North Vancouver for gold and multi-element analysis. The samples were screened to 180 micron. Gold analysis was by aqua regia extraction with ICP-MS finish. Multi-element analysis was by aqua regia extraction and ICP-MS and ICP-AES. Soil samples were collected along 31 soil lines. These lines were spaced 25m apart with a 25m sample interval. The soil lines were of varying lengths but on average 250m long.

 

The soil sampling program identified several soil gold anomalies in the Southwest Zone, including numerous samples exceeding 0.01 ppm Au (including high values of 0.061, 0.073 and 0.088 ppm Au). The most distinct anomaly or anomalies is in the COD North area, where anomalous values are concentrated between two historical workings. The soil sampling program extended the target area for at least 600 meters northeast of the area of 2017 drilling and trenching. The Company is planning follow up work in this area in 2018 including a trenching program. The program also identified other gold anomalies near the new COD adit and northeast of the COD trenches.

 

The soil sampling program in the Gold Drop Southwest Zone helped identify a new vein exposure in a small, 2 meter deep historic adit 175 meters north of the C.O.D. trench. The adit is driven on a North-south striking quartz vein that is on strike with the C.O.D. Vein, and appears to be of the same style as the Detonia/Jewel quartz vein. Another vein exposure north of the trench was also located by hand pitting on local quartz float. Bedrock quartz samples from the small hand pit material returned values of 4.97 g/t Au and 30.7 g/t Ag. Samples of boulder material found outside of the small adit returned values of 1.28 g/t Au and 6.97 g/t Ag. (News Release of Nov 8, 2017).

 

To view the graphic in its original size, please click here

 

To view the graphic in its original size, please click here

 

David Martin, P.Geo., a Qualified Person as defined by NI 43-101 and consultant for GGX, is responsible for the technical information contained in this News Release.

 

On Behalf of the Board of Directors,

Barry Brown, Director

604-488-3900

 

Investor Relations:

Mr.  Jack Singh: 604-720-6598     E-mail: [email protected]

 

“ We don’t have to do this, we get to do this ” 

The Crew

AMERICAN CREEK REPORTS ON TREATY CREEK – COPPER BELLE HOLE CB-17-24 WHICH INTERSECTED 115.5 M OF 1.31 G/T GOLD INCLUDING 39 M OF 2.38 G/T GOLD $SEA $SA $SKE.ca $TUD.ca $PVG

Posted by AGORACOM-Eric at 9:01 AM on Thursday, December 14th, 2017

Hublogolarge2 copy

  • Final results for the 2017 exploration season from the GR2/HC zone of the Treaty Creek project.
  • HC extension of the GR2 zone was discovered during the 2017 exploration program and carries high-grade gold, silver and base metal mineralization
  • 115.5m of 1.31 G/T Gold Including 39m of 2.38 G/T Gold

 

American Creek Resources Ltd. has provided information on Tudor Gold’s final results for the 2017 exploration season from the GR2/HC zone of the Treaty Creek project. The Treaty Creek project is situated immediately north of Seabridge Gold’s KSM property and near Pretium’s Valley of the Kings mine, both of which are situated in British Columbia’s Golden Triangle along the Sulphurets and Brucejack fault systems that continue northward into the Treaty Creek property.

The HC extension of the GR2 zone was discovered during the 2017 exploration program and carries high-grade gold, silver and base metal mineralization. The HC drill program augmented the previous drill holes in the zone and consisted of 17 drill holes totalling 5,401 metres in 2017. The program was designed with a maximum of 50-metre stepouts in the mineralized zone to prepare for a preliminary resource estimate.

The GR2/HC zone appears to be a gold-rich volcanic-hosted massive sulphide deposit in which the feeder vein system and the stratabound lenses have been intersected. A later silver (lead-zinc-antimony-copper) vein system was also found reactivating some of the previous structures in the same area where the HC extension is located. These veins are late in the formation and are hosted in the volcaniclastic sequence or in the younger Jurassic Hazelton sequence, crosscutting (and reactivating) previous HC related feeder vein system and HC stratabound lenses. The RR Ag-base metal vein holes are collared 800 metres north of the HC zone, following the same structure.

Thirty-six drill holes have been drilled to date in the GR2/HC, covering an area approximately 400 m along strike and 450 m down dip at 50 m space increments that show consistent geology and which demonstrate the distribution and continuity of the feeder vein system, the stratabound zone and the late silver-base metal vein system. Historical surface sampling carried out by previous operators to both the north and south of the GR2/HC zone indicates that the main mineralized structure potentially extends 3,000 m along strike. The mineralized structure remains open to the north and south beyond the existing drill holes, and down dip.

Significant drill results are summarized in the attached tables (all distance measurements reported in metres).

    
                    HC ZONE                       

Hole         From      To   Interval* Au g/t  Ag g/t

HC-17-09    79.05   81.05          2   12.21        
including   79.05   79.95        0.9    10.5     8.3
including   79.95    80.6       0.65    11.7    15.2
including    80.6   81.05       0.45    16.4    68.5
and         81.05    81.6       0.55   0.399     8.6
and          81.6    82.4        0.8    1.71     5.2
HC-17-11   221.15     230        9.7    4.89        
including   222.7   224.5        1.8   10.27        
including   221.1  222.15       1.05    3.17      11
           222.15   222.7       0.55    0.24     3.7
            222.7   223.1        0.4    9.48     6.3
            223.1   223.5        0.4    9.14     7.2
            223.5     224        0.5    3.48     9.8
              224   224.5        0.5    18.6      11
            224.5     225        0.5    2.96     7.9
              225   225.5        0.5    1.12     6.3
            225.5  226.25       0.75    4.16    19.3
           226.25  227.15        0.9     8.9     9.4
           227.15  227.75        0.6    3.42     5.9
           227.75  229.15        1.4    2.23     6.9
           229.15     230       0.85     1.6     6.2
              230   230.8        0.8    7.27     9.3
            230.8   231.9        1.1   0.518     3.9
            231.9     233        1.1    2.93     8.9
              233   233.9        0.9    1.71     4.7
HC-17-13    306.7   316.1        9.4    4.25        
including   306.7  311.35       4.65    5.81        
including   306.7   307.5        0.8    4.84    12.9
            307.5   308.5          1    6.42    10.9
            308.5   309.5          1    1.34     9.6
            309.5   310.5          1    11.9    19.4
            310.5  311.35       0.85    4.08    10.9
           311.35  312.35          1    1.06    10.8
           312.35  312.95        0.6    1.55    12.3
           312.95  313.45        0.5     3.6       9
           313.45   313.8       0.35    4.58     5.2
            313.8  314.15       0.35   0.882     4.8
           314.15  314.75        0.6    7.65    20.8
           314.75   315.2       0.45    1.59     8.4
            315.2  315.45       0.25   0.184     5.1
           315.45   316.1       0.65    2.91     2.5
HC-17-15    290.7   291.4        0.7    7.86    21.1
and         298.6   300.1        1.5    4.03        
including   298.6   299.1        0.5       3        
            299.1   299.4        0.3    6.58        
            299.4   300.1        0.7    3.68        
HC-17-16    306.9   307.4        0.5    1.28        
and         307.4   308.3        0.9    6.77        
                                                    
                       HC FEEDER VEINS                          

Hole         From      To   Interval* Au g/t  Ag g/t    AuEq** (g/t)

HC-17-10    274.8   275.6        0.8    6.42   5.136               
and         275.6   276.3        0.7    4.05   2.835               
HC-17-11   181.35  182.75        1.4   10.44                  15.96
including  181.35  182.25        0.9    11.8    31.2               
and        182.25  182.75        0.5    7.99     433               
HC-17-17    94.95   95.85        0.9     5.7                       
and         380.6  381.75       1.15    8.17                       
                                                                   
                    HC AG (BASE METAL) VEINS                      

Hole         From      To   Interval* Au g/t   Ag g/t   AuEq** (g/t)

HC-17-08     38.2    38.5        0.3    10.7      151         12.62
and         91.55    91.8       0.25    14.5      530         21.25
and          98.2    98.6        0.4    5.18      6.2              
and         100.1   100.5        0.4   0.529     4730         60.81
HC-17-09     87.8    88.4        0.6    1.14     1190         16.31
and         143.4  146.25       2.85    1.01 1,118.35         15.26
including   143.4  144.05       0.65   0.552     1730         14.69
and        144.05  144.65        0.6   0.082       78          0.65
and        144.65  146.25        1.6    1.54     1260         28.16
HC-17-13      206     207          1    1.27    647.8          9.53
including     206   206.6        0.6     1.2      731         10.52
including   206.6     207        0.4    1.38      523          8.05
and           207  207.55       0.55   0.486     75.8              
and        207.55   208.2       0.65   0.381      247          3.53
and         208.2  208.95       0.75   0.182       79              
and        208.95   209.5       0.55    0.43      314          4.43
and        216.65  218.85       1.65     5.4   123.56          9.42
including  216.65   217.1       0.45    3.33      132          5.01
including   217.1   217.8        0.7    10.5      298         14.30
including   217.8   218.3        0.5   0.746      7.7          0.84
including   218.3  218.85       0.55    4.84     28.1          5.20
HC-17-16      100  100.95       0.95    1.39      157          3.39
and         205.1   205.5        0.4   0.785      425          6.20
and         221.3   221.5        0.2   0.042      300          3.87
and         275.3     276        0.7   0.492      105          1.83
and           276     277          1   0.498      176          2.74
HC-17-17    222.9  223.85       0.95    2.38      122          3.93
and        228.35     229       0.65   0.672     68.3          1.54
and           299   233.6        4.6    1.09   417.51          6.41
including     229  229.45       0.45    0.58      314          4.58
including  229.45   230.3       0.85    1.12      864         12.13
including   230.3  230.85       0.55   0.602      107          1.97
including  230.85   231.2       0.35   0.637      234          3.62
including   231.2  231.65       0.45   0.891     14.8          1.08
including  231.65   232.4       0.75    3.11        3          3.15
including   232.4   233.6        1.2   0.422      746          9.93
                                                                   
          RR AG-BASE METAL VEINS         

Hole      From   To Interval*  Ag g/t

RR-17-03  41.3   42      0.7      119  
and         48 48.8      0.8      544  
and         57 57.6      0.6      206  
and         62   63        1      166  
RR-17-04     6    7        1      399  
and          7    8        1      339  
                                       
* True thickness of all above mineralized 
  intervals still to be determined.


** AuEq calculated assuming Au $1,275 (U.S.)
   per ounce and Ag $16 (U.S.) per oz.

Note that only precious metals were reported on.
    

Darren Blaney, chief executive officer of American Creek, stated: “The discovery of the new HC extension is a very welcome bonus to this year’s Treaty Creek drill program. The GR2/HC system appears to have potential to be very extensive, which would add significant value to the adjoining Copper Belle bulk tonnage gold zone, which was the main focus of this year’s drill program. A large polymetallic zone with high-grade gold and silver would be a most welcome addition to the project.”

Two thousand seventeen drill results from the Copper Belle gold zone at Treaty Creek are still pending and will be reported on once received.

Background on the Treaty Creek project

Tudor conducted a major drill program (approximately 20,000 metres) on the Treaty Creek property this summer with the objective of defining a gold resource on the Copper Belle zone.

The Treaty Creek project is a joint venture between Tudor, Teuton Resources Corp. and American Creek. Tudor is the operator and holds a 60-per-cent interest with both American Creek and Teuton each holding respective 20-per-cent carried interests in the property (fully carried until a production notice is given).

Electrum project road completion

The corporation also reports that Tudor Gold recently completed construction of an access road extension on the Electrum project connecting the existing Granduc haul road to the New Blast/Shiny Cliff high-grade gold and silver zones which are the focus of a planned 10,000-ton bulk sample.

In Tudor’s recent news release, Walter Storm, president and chief executive officer, stated: “We are very pleased to have completed this access road, which will now allow us to proceed with a 10,000-ton bulk sample of this high-grade gold/silver mineralized zone, subject to receipt of permits. A bulk sample in combination with past drill results will further our geological understanding and unlock value of this high-grade mineralized system.”

Background on the Electrum property

The Electrum property is a 60:40 joint venture between Tudor Gold (as operator) and American Creek. It is located between the past-producing Silbak-Premier gold mine and British Columbia’s newest gold mine, Pretium’s Valley of the Kings — recently commissioned at a cost of $1-billion and hosting proven and probable reserves of 8.1 million ounces of gold (see Pretium’s website). Within this rich portion of B.C.’s Golden Triangle are several other past-producing mines as well as numerous new projects undergoing exploration.

About American Creek Resources Ltd.

American Creek holds a strong portfolio of gold and silver properties in British Columbia. The portfolio includes three Golden Triangle gold/silver properties: the Treaty Creek and Electrum joint ventures with Walter Storm/Tudor as well as the recently acquired 100-per-cent-owned past-producing Dunwell mine. Other properties held throughout B.C. include the Gold Hill, Austruck-Bonanza, Ample Goldmax, Silver Side and Glitter King.