Posted by AGORACOM
at 9:00 PM on Friday, June 14th, 2019
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Posted by AGORACOM
at 1:27 PM on Thursday, June 13th, 2019
Drilling in the first 3 phases has hit a cluster of mineralized epithermal veins over an area from east to west of approximately 300m, and north to south 400m, and 300m depth.
3D IP geophysical survey will be completed over an 800 X 500 metre grid with thousands of data points
AAX will focus deeper to find the boiling zone of the system.
Kamloops, British Columbia–(Newsfile Corp. – June 13, 2019) –
Advance Gold Corp. (TSXV: AAX) (“Advance Gold” or “the Company”) is
pleased to announce the remaining drilling results from its phase 3
drilling program and present a 3D model of the vein system at the 100%
owned Tabasquena project in Zacatecas, Mexico. Drilling in the first 3
phases has hit a cluster of mineralized epithermal veins over an area
from east to west of approximately 300 metres, and north to south 400
metres, and 300 metres of depth.
To date, the drilling has been
confined to the first few hundred metres of vertical depth in the veins
and has yet to be drilled into the boiling zone of the epithermal vein
system. To better target the next phase of drilling, a 3D model of the
mineralized vein hits with drilling was undertaken. Below are two
images, an image from the north looking south showing the shell of the
historical mining in the oxides, as well as the shafts and the area to
the west of it where drilling has been completed. The second is south
looking north, showing the veins hit in drilling as well as a model of
the vein from the mining in the oxides to the nearest vein hits.
Highlighted
in the 3D model are drill hole intersections of mineralized epithermal
vein hits as well as a shell of the network of underground workings in
the near surface oxide zone. Drilling to date in the 3 phases of
drilling has hit the vein system over a wide area.
An
important step in preparing for further drilling programs will be to
complete a 3D IP geophysical survey, enabling us to target veins from
surface to 600m. The survey will be completed over an 800 X 500 metre
grid with thousands of data points. This geophysical survey, along the
3D model of the mineralized vein hits from drilling, will give a clearer
picture to focus the next round of drilling.
Allan Barry
Laboucan, President and CEO of Advance Gold Corp. commented: “Of late,
things have been developing nicely on several fronts.”
“In Kenya,
we have a partnership with Acacia Mining, which has recently received a
takeover offer from Barrick. Exploration work to prepare for drilling
is underway on our joint venture ground. The Liranda Corridor, a key
structural zone, is part of 2 of our claims on either side of Acacia’s
100% owned ground and covers around â…” of the Liranda Corridor, with
Acacia owning the remaining â…“ of the corridor. We look forward to
additional developments from the exploration of the joint venture
ground, it is well located, has promising historical work done by Acacia
and is a good place to look for high-grade gold.”
“In Mexico, at
our Tabasquena project, we have completed 3 phases of drilling and have
hit a large cluster of mineralized epithermal veins, with the boiling
zone yet to be drilled. 3D modelling of the mineralized vein hits, gives
us a better picture of the size of the cluster. We also included a
shell of the historical mine workings in the near surface oxide zone.
The picture of the system is becoming clearer with the 3D model of the
veins hit so far. Now we need to focus deeper to find the boiling zone
of the system. To further assist us, we will do a 3D IP survey, which
will give us a good idea of anomalies in the 300-600 metre range. This
depth is crucial, as we are very close to Fresnillo, Mexico, where
Fresnillo PLC., has several mines and are partnered with MAG Silver on
building their new silver mine which is getting close to production. The
veins Fresnillo mines, and the new mine with MAG Silver are mostly
blind veins, and hit their boiling zones at the vertical depth we hope
to learn more about with the geophysics and our next drilling.”
Final Drill Results From Phase 3 Drilling At Tabasquena
Data for Hole AGT-08:
Bearing:
N 40°E: Dip: -80°: Total Depth: 555.15m.; Diameter: HQ and NQ;
Coordinates: N 2’497,195 E 785,805; Collar elevation: 2,112.00masl:
Core Recovery: 89%. Samples taken: 15.
Data for Hole AGT-10:
Bearing:
N 40° E; Dip: -85°; Total Depth: 351.60m.; Diameter: HQ; Coordinates: N
2’497,382 E 785,976; Collar elevation: 2,117.00masl; Core Recovery:
86%. Samples taken: 2.
D.D.Hole No.
Sample Length
Width m.
Sample No.
Assay Grade
From m.
To m.
Au g/t
Ag g/t
AGT-08
73.15
74.25
1.10
7211
0.03
5
74.25
76.30
2.05
7212
0.05
4
76.30
77.40
1.10
7213
0.03
5
77.40
78.50
1.10
7214
0.04
3
80.80
81.90
1.10
7215
0.04
4
81.90
83.00
1.10
7216
0.03
3
83.00
84.10
1.10
7217
0.03
4
84.10
85.15
1.05
7218
0.04
3
87.45
88.60
1.15
7219
0.03
5
88.60
89.70
1.10
7220
0.04
3
89.70
90.80
1.10
7221
0.05
4
107.40
108.50
1.10
7222
0.03
3
109.65
112.35
2.70
7223
0.03
4
161.00
162.15
1.15
7224
0.04
2
162.15
163.25
1.10
7225
0.04
3
AGT-08
163.25
164.40
1.15
7226
0.05
4
164.40
165.50
1.10
7227
0.03
3
189.80
190.90
1.10
7228
0.03
4
194.80
195.40
0.60
7229
0.04
5
222.25
223.35
1.10
7230
0.04
3
224.15
225.25
1.10
7231
0.04
2
225.25
226.25
1.00
7232
0.03
3
237.75
238.80
1.05
7233
0.03
5
238.80
240.00
1.20
7234
0.03
4
257.80
258.90
1.10
7235
0.03
3
258.90
260.05
1.15
7236
0.04
2
432.85
433.95
1.10
7237
0.04
3
473.90
474.75
0.85
7238
0.03
4
AGT-10
181.50
181.85
0.35
7254
0.16
3
215.80
218.25
2.45
7255
0.32
22
Note:
All vein widths cut by drill holes are not true widths, they represent
the intersection of the incline hole with the dip of the vein. Advance
is in the process of estimating true widths for all the vein
intersections.
Drill core is logged and sampled in a secure core
storage facility located near the Tabasquena claims in Ojocaliente,
Mexico. Core samples from the program were cut in half, using a diamond
cutting saw, and were sent to Laboratorio Metalurgico Courtade S.A de
C.V. (Courtade) in San Luis Potosi, Mexico, for sample preparation and
fire assaying for gold and silver. Although Laboratorio Metalurgico
Courtade is not an accredited mineral analysis laboratory, they are a
well-respected mineral analysis laboratory with a long history of
working for major mining companies in Mexico, as well as a referee
laboratory for grade disputes between small scale local miners and the
toll mining companies they work with. All samples are analyzed for gold
and silver using standard fire assay-AA (atomic absorption) techniques.
The Company relies on Laboratorio Metalurgico Courtade for QA/QC
procedures and protocols for the assaying process.
Courtade is
specialized in mineral and metals analysis, was started in 1973, in San
Luis Potosi, Mexico. They have a quality control program, designed for
high precision in their assay results. They follow standard lab
procedures from the time they receive the sample from Advance’s
qualified person throughout the entire assaying process. Standards used
for the analysis of Au and Ag are from Peñoles Mining Company and are
used for every sample.
Dr. Julio Pinto Linares is the qualified
person for the Tabasquena project. Since June 2018 when drilling began
and throughout phase 3 he has been supervising drilling in the field for
drill holes one through ten. He examined and reviewed core boxes in the
field, supervised moving core boxes to the secure core storage facility
located near the Tabasqueña mine and was present during logging and
sampling of the core and kept control of all sample bags until delivered
to the Laboratorio Metalurgico Courtade. He checked and was present
during the QA/QC procedures and protocols during the preparation of the
samples.
Julio Pinto Linares is a QP, Doctor in Geological
Sciences with specialty in Economic Geology and Qualified Professional
No. 01365 by MMSA., for Advance Gold and is the qualified person as
defined by National Instrument 43-101 responsible for the accuracy of
technical information contained in this news release.
Other News
Field
work is underway at the Kakamega joint venture project. Which will
including mapping, sampling and other work to prepare for drilling. As
results are received for this work, the Company will make them available
in future news releases.
About Advance Gold Corp. (TSXV: AAX)
Advance
Gold is a TSX-V listed junior exploration company focused on acquiring
and exploring mineral properties containing precious metals. The Company
acquired a 100% interest in the Tabasquena Silver Mine in Zacatecas,
Mexico in 2017, and the Venaditas project, also in Zacatecas state, in
April, 2018.
The Tabasquena project is located near the Milagros
silver mine near the city of Ojocaliente, Mexico. Benefits at Tabasquena
include road access to the claims, power to the claims, a 100-metre
underground shaft and underground workings, plus it is a fully permitted
mine.
Venaditas is well located adjacent to Teck’s San Nicholas
mine, a VMS deposit, and it is approximately 11km to the east of the
Tabasquena project, along a paved road.
In addition, Advance Gold
holds a 14.63% interest on strategic claims in the Liranda Corridor in
Kenya, East Africa. The remaining 85.37% of the Kakamega project is held
by Acacia Mining (63% owned by Barrick Gold Corporation).
Posted in Advance Gold | Comments Off on Advance Gold $AAX.ca Completes 3D Model of Gold and Silver Epithermal Vein System at Tabasquena Project, Mexico $MGG.ca $SIL.ca $FA.ca $LON
Posted by AGORACOM
at 1:17 PM on Thursday, June 13th, 2019
Dr. Raymond W. Urbanski MD, PhD, will work closely with the Board
of Directors to set the vision and strategic direction of the company
Will establish organizational structure, processes and key hires necessary to continue the growth of Applied BioSciences.
Overseeing the development of key products in the Applied BioSciences’ product pipeline
Directing development within the newly formed Applied BioPharma Division
which is focused on innovative cannabinoid therapies being developed to
address the unmet medical needs of patients across multiple therapeutic
areas.
About Applied BioSciences Corp. Applied BioSciences Corp. (www.appliedbiocorp.com),
is a diversified company focused on multiple areas of the medical,
bioceutical and pet health industry. As a leading company in the CBD and
Pet health space, the company is currently shipping to the majority of
US states as well as to 5 International countries. The company is
focused on select investment, consumer brands, and partnership
opportunities in the recreational, health and wellness, nutraceutical,
and media industries.
About Trace Analytics Inc. Trace Analytics Inc.
is a leading cannabis science and technology company with significant
footprints in lab testing, research and development and licensing. Trace
Analytics was started by a group of scientists who specialized in
analytical chemistry, genetics and molecular biology. The focus of the
team is to ensure compliance with public safety standards and end user
safety. Trace Analytics is in the process of expanding throughout the
United States, and globally. With the goal of helping the rest of the
world adopt “best practices†in cannabis and hemp testing, the company
also provides expert consulting services to legislators and regulators
in many countries, states and municipalities around the world. For more
information, please visit: http://traceanalytics.com
Posted by AGORACOM
at 10:58 AM on Thursday, June 13th, 2019
Barrick Gold Corporation has made a takeover offer for Acacia Mining plc
The takeover offer and its effect on the Kakamega joint venture project between Acacia and Advance Gold are not yet understood
The Kakamega joint venture project is owned 85.37% by Acacia and 14.63% by Advance Gold
New licenses for the joint venture project were issued and exploration program is underway post rainy season
Kakamega – The Rosterman Mine
Acacia Exploration Kenya Ltd. (“Acaciaâ€) has 85.47% equity in the
Kakamega Project, which comprises the Rosterman, Burkura, and Sigalagala
Projects in Kenya, East Africa.
Rosterman SL267: The most northerly of the three
licences hosts the historic Rosterman mine, which is reported to have
produced in excess of 250,000oz Au at average grade in excess of 13g/t. Click Click here for map
Bukura SL265 and Sigalagala SL266: The southern licences host numerous significant historical colonial mines and areas of active artisanal mining. Click here for map
About Advance Gold Corp. (TSXV: AAX)
Advance Gold is a TSX-V listed junior exploration company focused on
acquiring and exploring mineral properties containing precious metals.
The Company acquired a 100% interest in the Tabasquena Silver Mine in
and the Venaditas project in Zacatecas state. Advance Gold also holds a
14.63% interest in the Kakamega project held by Acacia Mining (63% owned
by Barrick Gold Corporation)
Posted by AGORACOM
at 9:22 AM on Wednesday, June 12th, 2019
JV partner Tudor Gold has begun a two-phase drill program at Treaty Creek located in the Golden Triangle
Diamond drilling is on the Goldstorm Zone which is on-trend from Seabridges’ Iron Cap Zone
The Goldstorm target appears to be a large body of gold mineralization that has been traced for approximately 500 meters along strike and appears to be approximately 300 meters in width.
Gold mineralization remains open in all directions and it is open to depth as well
Cardston, Alberta–(Newsfile Corp. – June 12, 2019) – American Creek Resources Ltd.
(TSXV: AMK) (OTC Pink: ACKRF) (“American Creek”) is pleased to report
that JV partner Tudor Gold has begun a two-phase drill hole program at
their flagship property, Treaty Creek located in the Golden Triangle of
Northwestern British Columbia. Diamond drilling is starting on the
Goldstorm Zone which is on-trend from Seabridges’ Iron Cap Zone located
five kilometers to the southwest of our Goldstorm-Copper Belle system.
The
gold mineralization remains open in all other directions and it is open
to depth as well. The focus of the program is to expand the gold
mineralization to the southeast in the direction of the footwall zone
and to attempt large step-outs to the northeast along the strike of the
gold mineralized trend.
Figure
1. Treaty Creek: Seabridge’s Iron cap in background (SW), mineralized
zones labeled, Goldstorm in foreground (NE). The Kyba Discovery Contact
(red) & the Sulphurets Thrust Fault (blue) are responsible for many
world-class deposits.
Ken
Konkin, P.Geo., Tudor Gold’s Exploration Manager stated: “Our crews
have worked very hard in order to get the camp operational and to build
the required drill platforms to begin the drill program. The goal is to
drill along wide-spaced sections in-order to rapidly advance the drill
program. The Goldstorm target appears to be a large body of gold
mineralization that has been traced for approximately 500 meters along
strike and appears to be approximately 300 meters in width. We have yet
to encounter the footwall contact zone and the last hole drilled in 2018
was on a 100 meter step-out along strike to the northeast. This drill
hole CB18-39 yielded one of the best results of the project to-date (
0.981 grams per tonne gold over 563.8m ). The richer gold-bearing
horizons occur near surface within the uppermost parts of the Goldstorm
body; however, the system shows great vertical continuity and extends
for approximately 700 meters. Drill hole CB18-39 ended in
mineralization, therefore, the true depth of the system is unknown. In
addition to the diamond drill hole program, a geophysical team will
assess the structural aspects. Crews will utilize a deep ground
penetrating radar instrument in order to scan through the glacier and
lateral moraine piles. This may give us clues as to the nature of the
footwall contact zone and continuity of other regional structures that
occur beneath the covered areas of the immediate Goldstorm area.”
Darren
Blaney, CEO of American Creek stated: “It’s great to see the 2019
exploration program commencing at Treaty Creek. Tudor is to be commended
for doing what it takes to get a very early start on the much
anticipated drilling. We are confident in Mr. Konkin and his team and
very much look forward to the realization of a maiden resource
calculation at Treaty Creek.”
The first phase of drilling will include 3,600 meters of drilling with five planned drill holes.
Walter Storm, President and CEO
stated: “We are confident that Ken Konkin with his geological
experience has defined and prioritized the right drill targets for our
phase l drilling and we can plan a phase II drilling later this season
based upon results obtained from the first round of drilling.”
Treaty Creek Information
For a complete report on Treaty Creek, click here.
To view a video on the 2019 drill program, click here.
Qualified Person
The
Qualified Person for this news release for the purposes of National
Instrument 43-101 is the Company’s Exploration Manager, Ken Konkin,
P.Geo. He has read and approved the scientific and technical information
that forms the basis for the disclosure contained in this news release.
About American Creek
American
Creek is a Canadian junior mineral exploration company with a strong
portfolio of gold and silver properties in British Columbia. Three of
those properties are located in the prolific “Golden Triangle”; the
Treaty Creek and Electrum joint venture projects with Tudor Gold/Walter
Storm as well as the 100% owned past producing Dunwell Mine.
The
Corporation also holds the Gold Hill, Austruck-Bonanza, Ample Goldmax,
Silver Side, and Glitter King properties located in other prospective
areas of the province.
For further information please contact Kelvin Burton at: Phone: 403 752-4040 or Email: [email protected]. Information relating to the Corporation is available on its website at www.americancreek.com
Posted by AGORACOM
at 8:23 AM on Monday, June 10th, 2019
Thunder Bay, Ontario–(Newsfile Corp. – June 10, 2019) – ZEN Graphene Solutions Ltd. (TSXV: ZEN) (“ZEN” or the “Company“)
is pleased to announce the signing of a memorandum of understanding
(“MOU”) with the University of British Columbia (UBC), Okanagan Campus,
School of Engineering, where ZEN will contribute a minimum of $300,000
over three years in support of graphene research and application
development. Under the MOU, UBC and ZEN will collaborate on
graphene-focused research projects relevant to applications of interest
to potential end-user partners.
The main initial objectives defined in the MOU are:
(a)
To formalize a collaborative research program utilizing expertise and
capabilities from both ZEN and UBC and, where applicable, utilizing
additional support and resources from government agencies such as the
Natural Sciences and Engineering Research Council (NSERC), Mitacs and
the National Research Council Industrial Research Assistance Program
(NRC-IRAP); and,
(b) To structure an initial three-year research
program with a committed minimum contribution by ZEN of $100,000 per
year in support of UBC-based research projects.
ZEN has already
supplied samples of its graphene and graphene oxide to UBC where it has
undergone preliminary testing in the following applications:
In multiple battery technologies;
As an additive in cement-based composites;
As an additive to aluminum and aluminum alloys; and,
“The three-year project,
slated to begin this summer, challenges UBC engineering researchers to
develop the next generation of stronger and lighter composite materials.
The partnership with ZEN Graphene will allow for a transformational
approach to composite materials development utilizing the unique
properties of the Albany Graphite product. This will result in new
composite materials with performance characteristics long beyond the
reach of engineers and scientists using traditional material processing
techniques. Linking to R&D activities at UBC will in turn enable ZEN
to develop the Albany Graphite Deposit and get its graphene product to
market more rapidly with a clear focus on high-impact real-world
applications,” commented Dr. Bichler, associate professor of engineering
at UBC’s Okanagan campus and research supervisor.
ZEN
Graphene Solutions Ltd. is an emerging graphene technology company with
a focus on development of the unique Albany Graphite Project. This
precursor graphene material provides the company with a competitive
advantage in the potential graphene market as independent labs in Japan,
UK, Israel, USA and Canada have demonstrated that ZEN’s Albany
Graphite/Naturally PureTM easily converts (exfoliates) to graphene,
using a variety of simple mechanical and chemical methods.
To find out more on ZEN Graphene Solutions Ltd., please visit our website at www.ZENGraphene.com. A copy of this news release and all material documents in respect of the Company may be obtained on ZEN’s SEDAR profile at www.sedar.ca.
Posted by AGORACOM
at 11:51 AM on Thursday, June 6th, 2019
Los Angeles, CA, June 06, 2019 (GLOBE NEWSWIRE) — Applied Biosciences Corp. (OTC: APPB),
a vertically integrated company focused on the development of
science-driven cannabinoid therapeutics and biopharmaceuticals,
announced that has officially launched its Champ Organics
product line with Shannon “the Cannon†Briggs, the former heavyweight
boxing champion and world record-holder for the most first-round
knockouts.
The product line was created to formulate a line of
athlete-focused cannabidiol (“CBDâ€) based health and wellness
supplements to enhance training and recovery under the “Champ Organicsâ€
brand.
The initial product launch includes CBD Isolate Infused MCT Soft Gels and Tinctures, Full Spectrum CBD Oil Infused Topicals and Nano CBD Infused Natural Beverage Shots and Spring Water.
“Utilizing the most effective, natural methods to offer CBD in
bioavailable blends, Champ Organics Soft Gels and Tinctures are based in
Organic MCT. The All-Natural Topical Blends have been crafted to carry
Full-Spectrum CBD Oil safely and effectively through the skin, while
leaving a comfortable and clean feeling on the skin. Additionally, pure
CBD Isolate is processed into Nano CBD molecules and infused into
amazing all-natural blends used in the Champ Organics Shots, along with
the Spring Water,†stated J.J. Southard, Vice President of Applied
BioSciences.
Additionally, Briggs and the Company will
collaborate on an awareness campaign to help educate athletes around the
world about the potential benefits of using CBD for pain management,
relaxation, decreasing anxiety and improving sleep quality. Briggs
hopes to educate the general public on the potential benefits of using
CBD to help decrease dependence on opioids.
“I have partnered
with Applied BioSciences to develop and market Champ Organics because
their products are made with the highest quality ingredients and
all-natural CBD. I am a firm believer in the benefits that CBD delivers
for joint pain and headaches. Since I have incorporated CBD to my daily
supplements, I have been surprised by the positive impact it has had on
my overall quality of life.†commented Shannon Briggs
“The
all-natural formulations of Applied Biosciences’ CBD products attracted
Briggs to our Company,†commented Chris Bridges, President, and Director
of Applied Biosciences. “This is another step in our company’s aligned
mission to create organic health and wellness products. This
partnership will allow us to expand into a new vertical and additional
distribution channels globally.â€
About Applied BioSciences Corp.
Applied BioSciences Corp. (www.appliedbiocorp.com), is a vertically integrated company focused on the development of science-driven cannabinoid therapeutics and biopharmaceuticals, as well as state-of-the-art testing and analytics capabilities to our customers. Â As a leading company in the CBD, Pet and Health and Wellness space, the company is currently shipping to the majority of US states as well as to 5 International countries
Posted by AGORACOM
at 9:58 AM on Wednesday, June 5th, 2019
A newly discovered gold zone on Treaty Creek in BC’s Golden Triangle
has potential to become a world class multi-million-ounce open pit gold
resource with higher gold grades and considerably better logistics than
Seabridge’s adjoining KSM deposits (the largest undeveloped Gold deposit
in the world by reserves). This new zone which already holds potential
for millions of close to surface ounces prior to the soon to commence
2019 drill program is called the Goldstorm!
American Creek Resources (“AMKâ€) holds a Joint Venture with Tudor
Gold (operator) whose CEO, Walter Storm, was an integral part of
Osisko’s development and sale of its Canadian Malartic gold mine ($3.9
billion). AMK holds a 20% FULLY CARRIED INTEREST (free ride) meaning
AMK is not required to contribute toward exploration and development
until a production notice is given.
Ken Konkin, former head geologist for Pretivm who developed the
nearby high-grade Brucejack mine (production in 2017), was recently
retained to head the geological team at Treaty Creek as he knows the
Sulphurets Hydrothermal System (which hosts Treaty Creek – Goldstorm,
KSM, and the Brucejack) intimately. His objective of developing an open
pit gold mine with excellent logistics is a huge game changer and has
the potential to make the Goldstorm at Treaty Creek one of the most
sought-after properties in Canada.
A new report on the potential of the Goldstorm is required reading
for all AMK shareholders and potential investors (click image below):
A major Goldstorm drill program designed to
reveal just how massive this newly discovered deposit may be will be
underway shortly. The initial phase of the 2019 Treaty Creek drill
program can be viewed here (click image below):
Once you’ve read the report and watched the video, we ask that you then do two things:
Phone our office (403-752-4040) and ask questions to help you
understand the incredible potential with the new developments and
direction that’s being taken.
Share this email with your friends and associates. If you have a
broker…send it to him. If you follow an analyst or industry letter
writer…send it to them.
Thank you for taking the time to review this important document and we look forward to discussing with you on the phone soon!
If you are new to American Creek Resources you can also view the company presentation below:
If for some reason the links on the images did not work you can use the following URLs: