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Psychedelics Are Making a Wild Comeback – Let’s Not Eff It Up SPONSOR: MOTA Ventures $MOTA.ca $APH.ca $GBLX $PFE $ACG.ca $ACB.ca $WEED.ca $HIP.ca $WMD.ca $CGRW

Posted by AGORACOM at 1:22 PM on Friday, July 24th, 2020

SPONSOR: Mota Ventures Corp is an established natural health products company focused in the CBD and psychedelic medicine sectors. Through their powerful eCommerce business, Mota is a leading direct-to-consumer provider of a wide range of natural health products throughout the United States and Europe. Click Here for More Info

  • The consciousness-raising power of psychedelics are tripping up science once again – hopefully, we’re not headed for a refried version of legal weed

Timothy Leary must be rolling in his grave. Or maybe he’s just smiling to himself. We’d have to take a trip back in time to know for sure what the Harvard psychologist (and the granddaddy of the “psychedelic revolution”) would have to say about the “renaissance” in psychedelics we’re witnessing today, more than 50 years after he encouraged a whole generation to “turn on, tune in, drop out.” 

Johns Hopkins University, the U.S. Food and Drug Administration, research projects funded by billionaire tycoons and Silicon Valley bros micro-dosing magic mushrooms to boost productivity, the potential therapeutic benefits of psychedelics – psilocybin, LSD, MDMA and DMT (ayahuasca), you name it – are shaking up science again. 

The revolution Leary was talking about has seemingly returned full circle. These days you can’t go online without reading about another celebrity lending his name (it’s mostly men) to the promise of an exploding market in mind-altering drugs promising a cure for everything from depression to PTSD and addiction. Everyone seems to be looking for an angle on the next big thing. 

But like cannabis, psychedelics has its own dirty chapter steeped in the war on drugs. It’s a little known part of the counterculture revolution that seems another world away today. Indeed, psychedelics have long been thought of as something to be feared. 

Hopefully, we’re not headed for a refried version of legal weed where venture capitalists with listings on world stock exchanges are hell-bent on turning substances that could be the key to personal growth, into a commodity. 

That would be a shame because psychedelics not only have a proven track record in a myriad of therapies. They also have the power to make us more empathetic and deepen our understanding of ourselves and the world. To live, as Leary would say, on the astral plane.

If the pandemic has taught us anything it’s the importance of our connection to one another.

“People are feeling an increasing disconnection from themselves and from the world. The COVID crisis has exacerbated the situation, bringing issues around the meaning of life to the fore. How can we recover what’s known from the religious and wisdom traditions and mesh those with the best practices in cognitive psychology to achieve self-transcendence is part of a big revolution that’s happening in psychology and science right now. It’s starting to give us new ideas about practices and processes that we can align with psychedelic experiences. Do mystical experiences increase people’s sense of meaning in life? It seems like a fairly obvious question. But nobody was asking it. ”

John Vervaeke, assistant professor, Department of Psychology, University of Toronto.

War on psychedelics

It’s worth remembering in the current euphoria around psychedelics, that Leary went to jail (and often) for his LSD advocacy, at one point, labelled “the most dangerous man in America” by U.S. president Richard Nixon. 

Eventually, he would be sprung from a California prison by the Weather Underground – which was considered a domestic terrorism threat by the U.S. government – before ending up a fugitive from justice in Algeria and his eventual re-arrest in the United States some two decades later. 

Canada has its own history with psychedelics. And while it’s not as colourful as the U.S., the drugs are just as tightly regulated – if not more. 

There are efforts afoot to relax laws around psilocybin use. And a number of court challenges seeking the use of psychedelics for medical purposes. A grey market in psilocybin is also being allowed to thrive online. More Canadians are microdosing. (See article below).

But as with the first steps towards legal weed, the federal government seems intent on looking the other way – or leaving it up to the courts to decide.

The federal health minister, for example,  has the power to grant exemptions for the use of psychedelics in studies and has done so. 

But the government continues to refuse to grant exemptions for the use of psychedelics on compassionate grounds for individuals facing end-of-life illness.

There’s still huge stigma around psychedelics. And while the opioid crisis rages – another area where psychedelics have shown success as a treatment – the feds seem reluctant to act.

This week, BC Premier John Horgan wrote Prime Minister Justin Trudeau to formally ask that all drugs be decriminalized to “support people to access the services they need.” The Canadian Association of Chiefs of Police is also calling for the decriminalization of simple possession of illicit drugs without success. The group has also recommended the formation of a national task force to look into drug policy reform. This would seem like an opportune time.

“ There were more than 1,000 experiments that were published back in the 50s on the use of psychedelics. They were thought of as the hot new drug in psychiatry. Then the research stopped, it wasn’t necessarily because it was determined that the use of psychedelics was an unfruitful approach. It was more the political constraints. We’re seeing a rebound in these therapies because there is funding and more laxness around laws prohibiting research. But some of that may also have to do with the fact that, even though there are useful pharmacological interventions, they have serious limitations. The field of psychiatry has been in a bit of a frozen place where improvements in treatment for mental health have been quite minor and slow.”

Richard Zeifman, PhD student in clinical psychology, Ryerson University.

Fear of flying

While weed was saddled with the shame of reefer madness, psychedelics were drugs to be feared, liable to make you think you can fly, maybe even jump out a window. They were right about the flying part. 

The paradox is that psychedelics were being used successfully in psychology and psychiatry and to treat depression and alcoholism as far back as the 1950s. Their use was also leading to discoveries in the treatment of schizophrenia and suicidality. In fact, recent research shows that psychedelics suppress activity in the part of your brain responsible for fear.

The power of psychedelics to contribute to our personal growth, as Leary advocated, has been slower to take hold. That’s something for us hippies.

But cognitive scientists are again exploring how psychedelics can help “restore meaning and help us find wisdom in life,” says University of Toronto assistant psychology professor John Vervaeke.

The revival in psychedelics,” Vervaeke says, “is part of a larger set of issues that are happening in response to a crisis of meaning in society at large.

“There are all kinds of symptoms of this [crisis of meaning] – from the crisis in addiction to depression to increases in loneliness, suicide and the retreat of people into virtual worlds.” 

Psychedelics, says Vervaeke, “help block out the noise. Our relevance filter is not always tracking the truth properly.”

“ I hadn’t had any experience with psychedelics. Actually, I was very afraid of psychedelics which is interesting considering I was using a lot of very harmful street drugs. I was struggling for about 10 years with addiction and depression and anxiety. Then I heard about a clinical trial to treat addiction using psilocybin here in Vancouver. It was pretty serendipitous. I was feeling pretty desperate. I was willing to try anything. I found a lot of self-compassion and self-love using psilocybin. But I was still physically addicted to opioids. So that’s when we turned to Ibogaine, which really helped me with my detox. There was also a psycho-spiritual component. It’s really ineffable the experience you have on psychedelics. It was a very profound experience that allowed me to look at myself and the world very differently. My mindset completely changed. It helped me get through a lot of the mental illness I was struggling with on top of the addiction. It’s something I continue to do periodically. I don’t have to, but it’s something I choose to do because I find it meaningful and helpful on my path to recovery and personal development. It’s not a cure-all. It’s a tool. ” 

Adrianne, recovering opioid addict, subject of the documentary Dosed.

Spiritual mission

Ancient civilizations have known “the truth”  about the healing power of plant-based intoxicants for millennia. Native tribes of Mexico and the U.S. Southwest have been using peyote and psilocybin magic mushrooms in spiritual ceremonies since before first contact. For them, psychedelics were used as part of cleansing rituals, an idea Western culture looked down on or ignored.

When U.S. banker R. Gordon Wasson, the vice-president of J.P. Morgan & Company, became acquainted with shaman Maria Sabina and travelled to Oaxaca in 1956 to take part in a “holy communion” where “mushrooms were first adored and then consumed,” he wrote about it for Life Magazine. What he didn’t write about is that he took along a CIA agent for the ride. U.S. intelligence was apparently interested in developing a truth serum. They may have been onto something.

But Wasson’s hosts believed the mystical experiences brought on by the use of psychedelics (sometimes in heavy doses) led to transformational change in our perception of the universe that stayed with us long after the high faded. 

Clinical psychologists are discovering the same today. The effects of psychedelics like MDMA and psilocybin to treat PTSD can last for up to a year after just one therapy session, says Richard Zeifman, a PhD student in clinical psychology at Ryerson University, who has been tracking a number of research experiments in the area. 

We haven’t quite figured out the chemistry, but it has to do with psychedelics messing with the part of our brain repsonsible for fear.

“From a theoretical perspective, we know that some of the classic symptoms of PTSD are a tendency to want to avoid negative emotions or thoughts or memories related to a traumatic experience,” says Zeifman. “What MDMA and psilocybin do is create feelings of warmth and connectedness and reduce the extent to which people feel fear. It makes it tolerable enough for people to sit with their emotions.” 

“We have a medical focus with our dispensary. But the therapeutic aspects of psychedelics and the spiritual are intertwined. They are really part and parcel of the same thing – you don’t have to be sick to get a medical benefit. Experiments on psychedelics have been going on for decades. But its medicinal aspects are just starting to come above ground. We’re seeing a societal shift with psychedelics similar to cannabis. Where once cannabis users were looked upon as hedonists, we now understand that cannabis is useful medicine. We’re going to see the same thing with not only psilocybin, but LSD and MDMA as well. We’re already starting to see therapeutic safe spaces open up where people can take macro doses and have those experiences. There are incredible benefits to be gathered from this. They’re also easier to grow than cannabis. I suspect more Canadians are going to be growing their own mushrooms.”

Dana Larsen, founder, The Medicinal Mushroom Dispensary.

The Doors Of Perception

When English psychiatrist Humphry Osmond coined the term psychedelics at a 1957 meeting of the New York Academy of Sciences (from the Greek psyche, which means “mind,” and delos “to reveal,”), he was already successfully using LSD in the treatment of alcoholism and schizophrenia, including in one very well known study in Weyburn, Saskatchewan. 

By the time Aldous Huxley published The Doors Of Perception in 1950 on his experiment with mescaline, scientists were unlocking the secrets behind the hallucinogenic effects of psychedelics – and they were mind blowing.

Turns out the human body’s natural adrenaline also has a similar chemical composition to mescaline and shares some of the biochemistry of LSD.

“In other words,” Huxley wrote, “each one of us may be capable of manufacturing a chemical, minute doses of which are known to cause profound changes in consciousness.” 

The discovery gave rise to the notion that the human brain actually works as a “reducing valve” blocking out all but information that is practically useful to us. Psychedelics, the theory goes, act as a “bypass,” giving us the ability to think more clearly about things other than the junk of self-deception and ego that typically get in the way of the realizations of our true selves. Huxley referred to this state as the “Mind at Large” in which “is revealed the glory, the infinite value and meaningfulness of naked existence.” 

Psychedelics as a spiritual mission is an idea Huxley shared with Leary. The two would become founding members of the Harvard Psilocybin Project. The program conducted a number of experiments, including on reducing rates of recidivism among prison inmates. But its focus was more so on exploring and achieving a “profound religious state.” 

The project attracted widespread attention, including of the unwanted variety by government authorities. Soon LSD and psilocybin would be added to the Schedule 1 list of prohibited substances along with mescaline and peyote and the research into many promising fields would stop.

More than half a century later, psychedelics are experiencing a resurgence and being touted as part of a new “renaissance” in scientific research. Hopefully, we’re able to embrace the higher spiritual cause this time around.  

SOURCE: https://nowtoronto.com/news/psychedelics-drugs-mircrodosing-canada

In Honor of Silvers Epochal Breakout SPONSOR: Affinity Metals $AFF.ca $MKR.ca $SII.ca $TUD.ca $GTT.ca $AMK.ca $OSK.ca $RKR.ca

Posted by AGORACOM at 8:06 AM on Thursday, July 23rd, 2020
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Affinity is focused on the acquisition, exploration and development of strategic metal deposits within North America. In addition to the West Timmins Gold project, Affinity is advancing the Regal Project in the northern end of the prolific Kootenay Arch. Regal hosts two major geophysical anomalies as well as three past producing mines. Recent drill results included a new silver discovery with an 11.10 meter interval of 143.29 g/t silver which included a 0.55 meter interval of 2,612.0 g/t silver Click Here For More Info

  • Silver broke out from a giant base pattern that started to form as far back as 2013 – 2014
  • Probabilities are very high that it has much further to go, both in respect to time and magnitude of advance

The purpose of this update is to celebrate and mark silver’s powerful breakout from a giant base pattern that started to form as far back as 2013 – 2014, a breakout which has only happened during the past 2 days, yesterday and today, with today’s advance finally seeing it break clear above the resistance at the upper limits of the base pattern. While this doesn’t mean it can’t drop back again it makes it less likely, and even if it does it is likely to soon turn up again.

Quite clearly, when you are only 2 days into a bullmarket that is starting after the completion of a 6-year long base pattern, the probabilities are very high that it has much further to go, both in respect to time and magnitude of advance. Today’s breakout may very well have been triggered by the bellicose actions of the US with respect to China in closing its embassy or whatever it is in Houston, which is a continuation of an increasingly hostile attitude to China, based on the US attempt to tear down what it views as its main rival for global dominance. Now, with its economy getting ever closer to imploding completely, the US is looking to direct the mounting anger and frustration of its population towards a manufactured external enemy, which is what politicians always seek to do when their backs are against the wall. Today’s action was another step on the road to a major war, which is a normal consequence of economic depression. In addition to that we had the ludicrous and laughable assertion that Russia has been trying to hack coronavirus research secrets, which is just another irrelevant distraction. Regardless of what actually triggered the breakout it was a valid and powerful breakout as we can see on the charts set out below….

Not surprisingly, the effect of silver’s breakout on all things silver was electrifying, with a good example being shown below, Kooteney Silver, which is a silver stock we went for back in May because its charts looked so strong, and which is already up 50%.


With the prospect of hyperinflation in the not too distant future due to relentless and increasingly desperate and extreme money printing by Central Banks, the prospects for silver and silver investments have never been brighter as one thing we can look forward to is the biggest silver bullmarket in history by far.


This is a very good juncture at which to watch Mike Maloney’s interesting and insightful new video on silver entitled Silver Soars – Where To Next?

End of update.

SOURCE: https://www.clivemaund.com/article.php?id=5493

Mota Ventures $MOTA.ca Announces European Expansion Through Joint Venture Agreement with Franchise Cannabis $APH.ca $GBLX $PFE $ACG.ca $ACB.ca $WEED.ca $HIP.ca $WMD.ca $CGRW

Posted by AGORACOM at 8:21 AM on Wednesday, July 22nd, 2020

Mota Ventures Corp. (CSE:MOTA)(FSE:1WZ)(OTC PINK:PEMTF) (the “Company” or “Mota Ventures“) is pleased to announce it has entered into a binding agreement (the “Transaction Agreement“) dated July 21, 2020, with Franchise Cannabis Corp. (“Franchise“) to form a joint venture in Europe (“European JV“) to sell and market Franchise-manufactured CBD, hemp and cosmetic products in the European Union, Switzerland, Norway and the United Kingdom (the “JV Territory“). Sales of the custom manufactured products will be sold online utilizing the Company’s eCommerce infrastructure.

Franchise is a leading European-focused cannabis and pharmaceutical distribution company based in Germany with two Good Distribution Practices (GDP) certified distribution facilities, exporting to over 18 countries and currently serving a network of over 1,500 pharmacies within Germany for medical cannabis sales.

“We are very excited to expand our eCommerce opportunities in Europe, as this has long been one of our strategic goals. Having a strong partner like Franchise to ensure consumers are provided with quality products is critical to success in the European market. Franchise is well positioned in Europe and has an established operating history in the cannabis industry. We believe this strategic joint venture will accelerate the expansion of our health and wellness platform in Europe.” stated Ryan Hoggan, CEO of Mota Ventures.

Pursuant to the Transaction Agreement, Franchise has agreed to make a $500,000 equity investment into the Company through a private placement subscription of $0.28 per unit (“Units“). Each Unit will consist of one (1) common share of Mota Ventures (each, a “Share“) and one (1) Share purchase warrant (each, a “Warrant“), with each Warrant entitling the holder to purchase one additional Share (each, a “Warrant Share“) at a price of $0.38 per Warrant Share for a period of twenty-four (24) months from their date of issue. Mota Ventures will then make a $360,000 equity investment into the European JV, which will be used to develop the business operations of the European JV, including the initial funds to launch the Franchise products in Europe using the Company’s eCommerce expertise. The private placement Shares will be subject to a four-month-and-one-day statutory hold period in accordance with applicable securities laws.

The parties’ respective ownership interests in the European JV will be 50/50. Franchise will manage procurement and fulfillment of customer orders from its European manufacturing facilities. Mota Ventures will provide marketing and eCommerce operations infrastructure in the JV Territory. The parties will determine the appropriate products to launch sales and marketing initiatives and will provide further details in the coming weeks. The establishment of the European JV is subject to Franchise making the $500,000 investment in Mota Ventures and Mota purchasing a 50% interest in the European JV for $360,000.

“Ryan and his team are extremely smart and hard-working. They are unbelievable at launching new product lines into the market, and given our European presence and market knowledge, the Franchise and Mota Venture teams complement one another well. I have been a director and strategic shareholder of another eCommerce focused cannabis business that reached a billion-dollar market capitalization and I can attest that the Mota team is at a whole different level. We’re very excited to launch into Europe and we expect the joint venture to be a great success.” stated Clifford Starke, CEO of Franchise.

As Clifford Starke is a director of the Company, he abstained from voting on the resolutions approving the Transaction Agreement and declared his interests in Franchise to the board.

About Mota Ventures Corp.

Mota Ventures is an established natural health products and eCommerce technology company focusing on the CBD and psychedelic medicine sectors. The Company has a strong presence in both North America and Europe. In the United States, Mota Ventures offers a CBD hemp-oil product line derived from hemp grown and formulated in the US through its Nature’s Exclusive brand. Within Europe, the Company’s Verrian operations are currently conducting clinical studies utilizing proprietary products for the treatment of opiate addiction. The highly skilled Verrian team also manages Mota Ventures’ 110,000 square foot manufacturing facility in Radebeul, Germany. In addition, Mota Ventures’ Sativida brand of award winning 100% organic CBD oils and cosmetics are sold throughout Spain, Portugal, Austria, Germany, France, and the United Kingdom. The Company is also seeking to acquire additional revenue-producing natural health product brands and operations in both Europe and North America with the goal of establishing an international distribution network utilizing its eCommerce technology platform.

About Franchise Cannabis Corp.

Franchise is a leading cannabis company in Europe, holding the first import and distribution license in Germany, Europe’s largest market, and is one of the largest exporters of prescription pharmaceutical products in the European Union delivering to over 18 countries. Franchise has cultivation operations globally and the company’s genetics division has won 18 Cannabis Cups and is a pioneer in product development.

ON BEHALF OF THE BOARD OF DIRECTORS

MOTA VENTURES CORP.
Ryan Hoggan

Chief Executive Officer

For further information, readers are encouraged to contact Joel Shacker, President at +604.423.4733 or by email at [email protected] or www.motaventuresco.com

For more information on Franchise, please visit the company website at: www.franchisecannabis.com or email the company at [email protected]

Gold Prices Supported by Negative and Near-Zero Bond Yields SPONSOR Durango Resources $DGO.ca $BTR.ca $OSK.ca $SII.ca $TLG.ca

Posted by AGORACOM at 4:44 PM on Tuesday, July 21st, 2020
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Durango owns 100% interest in the Trove claims, in the Windfall Lake area between Val d’Or and Chibougamau, Quebec., which are surrounded by Osisko Mining Inc. The property is compelling due to the coincidence of gold found in tills, coinciding with magnetic highs, several Induced Polarization anomalies and two faults crosscutting the property. Durango is undergoing a final review process for the proposed 3,000m drill program in 2020. Click Here For More Info

Global investors seeking a perceived safe haven piled into gold-backed ETFs in 2019, making it the best year on record for gold holdings. Assets under management (AUM) in gold bullion ETFs expanded 37 percent from the previous year, adding $19.2 billion, or 400 tonnes, according to the World Gold Council (WGC). During the fourth quarter, total holdings hit a jaw-dropping 2,900 tonnes, the equivalent of 102 million ounces, which is the most on record.

Physical gold, meanwhile, had its best year since 2010, climbing as much as 18.31 percent. The yellow metal’s role as an exceptional store of value shined brightly in the second half of 2019 when the pool of negative-yielding debt around the world began to skyrocket, eventually topping out at around $17 trillion in August.

As of January 2020, it’s estimated that about 30 percent of all investment-grade sovereign government bonds and 15 percent of corporate bonds traded with a negative yield. This means that investors who buy and hold them until maturity are guaranteed to make a loss.

The 30 percent referenced above only includes nominal rates. When adjusted for inflation, some 90 percent of government debt has a negative yield right now, according to WGC estimates.

“And the low rate environment is unlikely to change any time soon,” writes WGC analysts in their “Outlook 2020” report, released January 15. “Many central banks—the highest number since the global financial crisis—are cutting rates, expanding or implementing quantitative (or quasi-quantitative) easing and, in some instances, doing both.”

Lower for Longer

Some economists use the term “Japanification” to describe the process of being permanently stuck in an environment of low inflation and even lower rates, which leaves policymakers with few options to jolt the economy.

Last year, the Federal Reserve, European Central Bank (ECB) and Bank of Japan (BoJ)—which represent a collective 45 percent of world gross domestic product (GDP)—all either cut lending rates or kept them steady at below 0 percent. Japanese officials hinted that they might trim rates further, while President Donald Trump publically pressured Fed Chair Jerome Powell to implement a low-interest policy that’s more in line with other economies.

The U.S. is “one recession away from joining Europe and Japan in the monetary black hole of zero rates and no prospect of escape,” comments Larry Summers, former director of the National Economic Council (NEC).

This isn’t a phenomenon seen just in developed economies. Emerging markets are in rate-cutting mode as well. In November, there were as many as eight net rate cuts among a group of 37 developing economies, according to Refinitiv. November, in fact, marked the 10th straight month of net cuts, the longest easing cycle for emerging market central banks since 2013.

Turkey’s is the most recent central bank to lower rates, from 12 percent to 11.25 percent on January 15, pushing its benchmark rate below 0 percent for the first time, when adjusted for inflation.

Interest in Gold as an Investment Has Increased

For these reasons and more, interest in gold as an investment has surged, if internet search results are any indication. According to Google Trends data, search queries for the key phrase “gold investment” reached their most extreme level in the past five years. In the chart below, the left axis represents search interest relative to the highest point for the given time period. On January 12, the “gold investment” search term had a reading of 100, indicating that interest in the topic was very recently at its highest point for the five-year timeframe. 

So How Can You Participate?

Besides buying physical gold—in bars, coins or jewelry—investors can get exposure through futures contracts or by buying individual gold mining stocks, mutual funds or ETFs. Our favorite strategy to use is the U.S. Global GO GOLD and Precious Metal Miners ETF (GOAU). The ETF, which launched in June 2017, ended the year up a phenomenal 54.2 percent, beating the price of gold bullion (up 18.3 percent) as well as gold mining companies (up 41.6 percent).

GOAU managed to deliver such impressive results because, number one, it’s quant-based and highly selective of the companies it invests in. Unlike many other gold ETFs, which are market cap-weighted, GOAU aims to select only the most profitable, undervalued and high-momentum mining stocks. It’s also rebalanced and reconstituted at the start of every quarter.

What really makes all the difference is that approximately 30 percent of the ETF is invested in the top three royalty and streaming companies—Franco-Nevada, Wheaton Precious Metals and Royal Gold. Fellow streamers Osisko Gold Royalties and Sandstorm Gold represent a further 8 percent of GOAU, as of January.

We believe these firms are the “smart money” of the metals and mining industry. Royalty and streaming companies can help investors manage many common risks associated with traditional producers. Because they’re not directly responsible for building and maintaining mines and other costly infrastructure, huge operating expenses can be avoided. They also hold highly diversified portfolios of mines and other assets, which helps mitigate concentration risk in the event that one of the properties stops producing. As a result, royalty companies have enjoyed a much lower breakeven cost than traditional miners.

SOURCE: https://www.usglobaletfs.com/insights/gold-prices-supported-by-negative-and-near-zero-bond-yields/

Wall Street Is Throwing Billions at Once-Shunned Gold Miners SPONSOR: Affinity Metals $AFF.ca $MKR.ca $SII.ca $TUD.ca $GTT.ca $AMK.ca $OSK.ca $RKR.ca

Posted by AGORACOM at 1:02 PM on Tuesday, July 21st, 2020
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Affinity is focused on the acquisition, exploration and development of strategic metal deposits within North America. In addition to the West Timmins Gold project, Affinity is advancing the Regal Project in the northern end of the prolific Kootenay Arch. Regal hosts two major geophysical anomalies as well as three past producing mines. Recent drill results included a new silver discovery with an 11.10 meter interval of 143.29 g/t silver which included a 0.55 meter interval of 2,612.0 g/t silver

(Bloomberg) — A year ago, you couldn’t get Wall Street to touch most gold miners’ stocks. Today, it’s throwing billions at the industry.

Precious-metals miners once seen as too leveraged and high-risk for the typical investor raised $2.4 billion in secondary equity offerings during the second quarter, data compiled by Bloomberg show. That’s the most since 2013 and seven times more than the funds they raised a year earlier.

With the Covid-19 crisis threatening economies worldwide and gold prices soaring on the heels of monetary and stimulus programs, precious-metals companies have become the darlings of the investment community. The sector, which once largely drew the attention of specialist funds, is now attracting a broad base of investors.

“All of a sudden we’re seeing real interest from generalists,” said Bryan Slusarchuk, chief executive officer of Fosterville South Exploration Ltd., whose company plans to dig for gold in Australia. “If this continues, it could just be the start of an incredible bull market for gold equities.”

The market for gold miners has been dominated by the top two giants, Newmont Corp. and Barrick Gold Corp., with investors shying away from many of the others. That’s either because balance sheets had too much leverage or companies had too few mines and projects to spread out the risk. Many also remember the writedowns that followed the gold price slump of 2013.

Junior Miners

But junior miners are now starting to benefit. Take the case of American Pacific Mining Corp., an exploration and gold-mining firm with market capitalization of less than $20 million. The company raised $3 million in the second quarter, six times more than it had initially planned. Interest was so big that it had to turn away offers for more, said CEO Warwick Smith.

“The big boys play first, and then that money trickles down to the smaller companies, exploration companies,” he said.

The reasons that boosted the appeal of gold miners are the very same pushing investors away from companies digging for metals like copper or lithium, which are more dependent on economic growth. Base and industrial metals firms raised just $34 million in the second quarter, data compiled by Bloomberg showed. Thats a 40% decrease from the same period a year earlier.

Battery metals projects are also struggling to lure investors.

Clean TeQ Holdings Ltd.’s Sunrise nickel-cobalt-scandium project in Australia is a prime example. The company said in mid-June it wasn’t able to commit to a final investment decision on the $1.5 billion project as the pandemic presented “challenges for funding.”

“Bankers don’t like risks,” said Andrew Bowering, a director at American Lithium Corp., which has an exploration project in Nevada. “That means you need to strike a long-term offtake agreement so they have guaranteed production from the mine, and right now you’ve got no big buyers.”

Gold Allure

The allure of gold companies comes even as the coronavirus makes mining harder, with a higher risk of infections in tight, closed spaces. Barrick last week said it continued to benefit from strong prices even as the pandemic shuts down mines.

Investment in the sector is also coming in the form of mergers and acquisitions. Deals heated up in the second quarter, with 12 transactions valued at $2.86 billion being announced, according to Bank of America. That’s nearly double the first three months of the year.

“With mines being closed and things tightening up, the C-suite are all in the boardroom, and they’re talking to other companies about M&A,” said Smith of American Pacific. “They’re talking to their bankers, they are reaching out to have these conversations, and deals are getting done.”

Source:https://www.bnnbloomberg.ca/wall-street-is-throwing-billions-at-once-shunned-gold-miners-1.1468213

CLIENT FEATURE: American Creek – Eric Sprott Sees The Big Picture $AMK.ca $TUD.ca $SII.ca $GTT.ca $AFF.ca $SEA.ca $SA $PVG.ca $AOT.ca $ESK.ca

Posted by AGORACOM at 11:39 AM on Monday, July 20th, 2020

Eric Sprott Sees The Big Picture

As many of you know, Eric Sprott (single largest external investor in Treaty Creek) has a broadcast every Friday morning called the Eric’s Weekly Wrap Up.  We sent you the whole episode last week.
 
This week we’re just sending you a one minute clip of Eric talking about the big picture.  Take a listen by clicking on the image below:
 

The “other big deposit” on Treaty Creek that Eric is referring to is the Perfect Structural Storm. Find out more by clicking here.

American Creek’s Treaty Creek Property

The Sulphurets Hydrothermal System

More Information About The Treaty Creek Project Can Be Found Here

Treaty Creek JV Partnership

The Treaty Creek Project is a Joint Venture with Tudor Gold owning 3/5th and acting as operator. American Creek and Teuton Resources each have a 1/5th interest in the project. American Creek and Teuton are both fully carried until such time as a Production Notice is issued, at which time they are required to contribute their respective 20% share of development costs. Until such time, Tudor is required to fund all exploration and development costs while both American Creek and Teuton have “free rides”.

Treaty Creek Background

The Treaty Creek Project lies in the same hydrothermal system as Pretium’s Brucejack mine and Seabridge’s KSM deposits with far better logistics.

We believe that the Goldstorm deposit at Treaty Creek is quickly becoming one of most significant assets in the gold industry and will be highly sought after. 

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.

  • 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

Lomiko Metals $LMR.ca Engages Kenmar Securities to Raise $40m Cdn for Acquisition and Development of Critical Metals Projects $CJC.ca $SRG.ca $NGC.ca $LLG.ca $GPH.ca $NOU.ca

Posted by AGORACOM at 6:23 PM on Friday, July 17th, 2020

Vancouver, B.C., July 17, 2020 (GLOBE NEWSWIRE) — Lomiko Metals Inc. (TSX-V: LMR, OTC: LMRMF, FSE: DH8C)(Lomiko or the “Company”) announces that it has engaged Kenmar Securities, LLC of New York (“The Advisor”) to raise $ 40 million Cdn for acquisition and development of critical metals projects. Kenmar Securities, LLC, is a Delaware limited liability corporation and SEC-registered securities broker-dealer and FINRA member.

The Advisor will assist the Company in analyzing its business, operations, properties, financial condition and prospects, prepare suitable marketing materials, contact any potential partner companies, assist and advise the Company with respect to the financial form and structure of any potential transaction.

“This year is the start of the Electric Vehicle Revolution.  Lomiko would like to become part of the Battery Material supply chain” stated Mr. A. Paul Gill, CEO.

The Company agrees that, should the Company, or any affiliate of the Company, consummate any Transaction with a Referral pursuant to this Advisory Agreement, from the Effective Date through a period lasting until the twenty-four (24) month anniversary of the cancellation or termination of the Advisory Agreement, the Company shall pay to the Advisor, or cause the Advisor to be paid, at the funding of such Transaction, a success fee (the “Success Fee”) equivalent to five percent (5.0%) of the gross proceeds raised from the Transaction, which is equivalent to the total amount received or to be (and actually) received by the Company, from one or more Referrals. The Advisor cannot be certain that any amount of financing will be made available by its Referrals.

The payment of fees under any transaction is subject regulatory approval.

For more information on Lomiko Metals, review the website at www.lomiko.com, contact A. Paul Gill at 604-729-5312 or email: [email protected].

On Behalf of the Board,

“A. Paul Gill”

Chief Executive Officer 

We seek safe harbor. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release

Attachment

A. Paul Gill
Lomiko Metals Inc. (TSX-V: LMR)
6047295312
[email protected]

Gratomic $GRAT.ca Appoints Armando Farhate as Chief Operations Officer and Head of Graphite Marketing and Sales $SRG.ca $NGC.ca $LLG.ca $GPH.ca $NOU.ca #TODAQ $NMI.ca

Posted by AGORACOM at 10:49 AM on Wednesday, July 15th, 2020
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  • Mr. Farhate will oversee all operations for the Aukam Graphite Mine
  • Prior experience in the planning, engineering, project management, marketing and sales areas of the graphite mining industry

TORONTO, ON / ACCESSWIRE / July 15, 2020 / Gratomic Inc. (“GRAT” or the “Company”) (TSXV:GRAT)(FRANKFURT:CB81)(WKN:A143MR) officially welcomes Armando Farhate aboard as Chief Operations Officer and Head of Graphite Marketing and Sales. Mr. Farhate was previously appointed as Head of the Advisory Board. Due to his extensive and successful experience in the graphite mining industry, Gratomic is thrilled to have him onboard in his new role with the Company.

Mr. Farhate will oversee all operations for the Aukam Graphite Mine in Namibia, Africa. This includes the completion of the final 10% of construction required to take the processing plant into the full commissioning phase. He will also be responsible for the management of graphite product sales and marketing, leading to the procurement of purchase contracts and the vertical integration required for the creation and sale of end-user products. Mr. Farhate’s appointment as Chief Operations Officer is subject to TSX Venture Exchange approval

Mr. Farhate’s prior experience in the planning, engineering, project management, marketing and sales areas of the graphite mining industry make him the ideal candidate to fill this role. In past projects, he was responsible for quality management, environmental management, and implementing strategic and tactical planning. In addition to operations and graphite marketing and sales, Mr. Farhate will oversee the quality management of the Aukam Graphite Mine and he will coordinate important decisions regarding processing.

Some notable accomplishments in Mr. Farhate’s experience include Natural Graphite Operations/Product Director with Imreys Graphite and Carbon and COO at National de Graphite Ltda. Some of Mr. Farhate’s responsibilities at Imreys included acting as Operations Director, directly responsible for the mining and processing units in Lac-Des-Îles, QC, and Terrebonne, QC, Canada, with 60 employees and annual sales revenue of $ 18 MM CDN. Farhate obtained 15% of OEE improvement and reduction to zero of lost time accidents. He carried out technical visits and operational due-diligences in projects of new industrial units in several countries, including a project that resulted in a joint venture in Namibia, with assets of US$ 40MM and Imreys holding a 51% share of the joint venture.

While at Imreys, Farhate was also responsible for ensuring that the product offering was adequate to the needs of the target markets, which included the preparation and development of business cases aimed at launching new product lines and new production processes; the definition of sales price policies, and the development of Marketing and Sales plans for new industrial units. He was in charge of the long-term strategy for Natural Graphite, including the definition of new production locations and sourcing strategies.

During his time at National de Grafite Ltda., Armando Farhate was responsible for the direct management of Geology, Mine Planning, Mining, Processing, Industrial Engineering, R&D, Quality System, Environment, and Sales & Marketing. He performed high level contacts with federal and state regulatory public organizations in Brazil, as well as with municipalities and state congressmen, regarding mining permitting and environment licensing processes.

Mr. Farhate coordinated new mine opening processes, including the obtaining of mining permissions and environment licenses. He coordinated, together with specialized consultants, mineral assets evaluation processes and implemented control tools generating integrated information about output, efficiency, cost and inventory levels of three different plants and more than 20 product lines, optimizing production planning and order fulfillment and obtaining OEE improvements up to $1.25 MM/yr. CDN at the three industrial units held by NDG.

He led new product and process development, including the negotiation of partnerships with public and private universities in Brazil and abroad with emphasis on the obtaining of graphite oxide and graphene from natural crystalline graphite, and on the development of process technology for lithium-ion battery anode. He conducted, in partnership with HR and Controlling, a restructuring process on administrative and supporting areas, including upper management, with saving of $300,000/yr CDN.

Mr. Farhate’s experience and expertise will undoubtedly be of great value to the Company.

About Gratomic Inc.

Gratomic is a materials company focused on mine to market commercialization of graphite products and components for a range of mass market products. The Company currently holds two off-take purchase agreements for graphite product sourced from the Aukam facility. One agreement is with TODAQ and the other is with Phu Sumika. The Company is listed on the TSX Venture Exchange under the symbol GRAT.

For more information: visit the website at www.gratomic.ca or contact:

Arno Brand at [email protected] or 416 561-4095

Durango $DGO.ca Completes Site Preparation at Windfall Lake $BTR.ca $OSK.ca $SII.ca $TLG.ca

Posted by AGORACOM at 9:54 AM on Wednesday, July 15th, 2020
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  • Identified 15 drill targets for the Trove Property to test favourable IP signatures

July 15, 2020 – Durango Resources Inc. (TSXV-DGO) (Frankfurt-86A1) (OTC:ATOXF), (the “Company” or “Durango“) is pleased to report that its exploration team has completed the initial 2020 reconaissance program on its Windfall Lake, Quebec land package.

As announced on July 2, 2020, Durango deployed its exploration crew to the Trove Property to prepare the site for the 2020 summer drill program. Durango has identified 15 drill targets for the Trove Property to test favourable IP signatures which coincide with geochemistry anomalies including gold found in till samples. Drill access was created on the Trove Property as necessary for the upcoming summer drill program.

Additional mapping and sampling were completed on the Trove Property due to the additional road access recently built by forest companies. Fifty nine (59) grab and channel samples were also collected on the Trove Property. The accessibility of the new outcrops permitted Durango to take additional structural measurements for the upcoming summer drill campaign.

Mineralized zones, hematite quartz veins and lithological contacts including felsic dykes and mafic volcanics were mapped and sampled on the Trove Property. Some mineralized zones with pyrrhotite, traces of chalcopyrite and hematite alteration associated with quartz veins were observed in the sampled areas on the Trove Property. Several gold deposits in the Urban Barry belt have been associated with a set of northeast (NE) shear zones accompanied with deformation by a magmatic event represented by quartz feldspar porphyry (QFP) dykes which are now identified on the Trove Property.

It is recommended that mechanical stripping and sampling be completed immediately on the northeast extremity of the Trove Property near one the previously defined drill targets which may be controlled by the NE-SW Barry fault and associated shear zones.

Nine (9) till samples were also collected on Durango’s East Barry Property along the projected contact of the intrusives and the volcanics. Till sampling conducted in 2018 and 2019 identified a 5km trend but no new outcrops were discovered during the short campaign.

Marcy Kiesman, CEO of Durango, stated, “I am very enthusiastic that many of our first stage observations at the Trove Property correspond to the mineralization reported by Osisko Mining on their neighbouring properties, specifically, in Osisko’s 2018 drilling campaign that returned results of up to 5g/t gold. The potential for the Trove and East Barry properties are high which is great news for our shareholders and further presses the importance of our exceptional properties at Windfall.”

Additional information on the exploration program, including financing, will be released as it becomes available.

The technical contents of this press release were approved by George Yordanov, professional geologist, an Independent Qualified Person as defined by National Instrument 43-101. The property has not yet been subject to an NI-43-101 report.

Trove, Quebec

Durango owns 100% interest in the Trove claims, which are surrounded by Osisko Mining Inc. (TSX: OSK) , in the Windfall Lake area between Val d’Or and Chibougamau, Quebec. The 1,185 hectare property is compelling due to the coincidence of gold found in tills coinciding with magnetic highs, several Induced Polarization anomalies and two faults crosscutting the property. The fault systems north and south of the Trove, control gold mineralization elsewhere, indicating the Trove has excellent exploration potential. Durango received all the final drill permits for the Trove property in September 2019 and is undergoing its final reviewing process for the proposed 3,000m drill program.

East Barry, Quebec

Durango owns 100% interest in the East Barry claims which run parallel to Trove claims. The East Barry block is over 6,100 hectares in size and borders the eastern perimeter of Osisko’s holdings and the southern perimeter of Bonterra’s holdings and is less than 4km south of the Gladiator deposit. The East Barry claims host a gold trend which covers approximately 10km in length and is subparallel to the main Barry Fault held by Osisko. In 2018 a till sampling program was conducted and one of the till samples returned fourty-two (42) pristine gold grains with reported gold values of 2.184 g/t Au. A high count of pristine gold grains indicates that the gold has travelled a very short distance from its source. The East Barry block underwent an Induced Polarization survey in 2018 which identified a high priority target coincident with the high count of pristine gold grains.

About Durango

Durango is a natural resources company engaged in the acquisition and exploration of mineral properties. The Company is positioned for discovery with a 100% interest in a strategically located group of properties in the Windfall Lake gold camp in the Abitibi region of Quebec, Canada.

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

Marcy Kiesman, CEO

Telephone: 604.428.2900 or 604.339.2243

Email: [email protected]

Website: www.durangoresourcesinc.comUnfollowRecommend

Gratomic $GRAT.ca Announces Shipment of Final Equipment to Complete Aukam Processing Plant $SRG.ca $NGC.ca $LLG.ca $GPH.ca $NOU.ca #TODAQ $NMI.ca

Posted by AGORACOM at 10:29 AM on Tuesday, July 14th, 2020
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TORONTO, ON / ACCESSWIRE / July 14, 2020 / Gratomic Inc. (“GRAT” or the “Company”) (TSXV:GRAT)(FRANKFURT:CB81)(WKN:A143MR) is pleased to announce that the shipment of the final pieces of equipment has commenced – a custom drying, size classification and dewatering assembly – required for the Aukam processing plant which, once installed, will complete the mechanical system required to bring the plant into the commissioning phase.

The custom drier system departed the Port of Shenzen China on the 13th of July 2020, and is being shipped to Walvis Bay, Namibia with an estimated arrival to occur in September. Once the three containers of equipment arrive at Walvis Bay, the equipment will be prepared and then trucked to the Aukam site.

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Photo of equipment being loaded into containers at the factory in China

Manhattan Engineering, out of Johannesburg, was engaged to complete the structural and civil engineering designs to complete the platforms and foundations required to install the final pieces of equipment at the Aukam site and submitted the final drawings on the 8th of July 2020. During the shipping period, the Company will complete the requisite onsite preparations including installation of concrete foundations, conveyor screw installations, and upgrades of onsite electrical facilities to ensure quick installation and subsequent commissioning of the processing facility. As per the Company’s news releases dated May 21, 2020 and May 25, 2020 confirming the Company’s commitment to the delivery of the first three purchase orders totalling 1,800 tonnes to TODAQ commencing in November 2020, the pending arrival and subsequent installation of the final pieces of the mill assembly confirms the Company’s commitment to meet this schedule.

“We are very excited to see the last pieces of equipment on their way as this will allow Gratomic’s Aukam Property to move into the commissioning phase before year’s end. I am also very confident and look forward to the steps ahead with TODAQ. I believe achieving these exciting milestones will further strengthen and build our business relations together as partners.” ~ President and CEO, Arno Brand.

Gratomic wishes to emphasize that no Preliminary Economic Analysis (“PEA”), Preliminary Feasibility Study or Feasibility Study has been completed to support any level of production. In fact no mineral resources, let alone mineral reserves demonstrating economic viability and technical feasibility, have been delineated on the Aukam Property. The Company appointed Dr. Ian Flint to complete a PEA on the Aukam processing plant.

The Company will deliver TODAQ’s Product to an onsite warehouse beginning in November 2020, to fill the first three purchase orders totalling 1800 tonnes. The Company is not in a position to demonstrate or disclose any capital and/or operating costs that may be associated with the processing plant, nor the Company’s ability to fulfil its obligations to deliver the 1800 tonnes of graphite as required by the purchaser orders.

Gratomic wishes to emphasize that the supply of graphite pursuant to any off-take or supply agreement referred to in this news release is conditional on Gratomic being able to bring the Aukam project into a production phase and for any graphite being produced to meet certain technical and mineralization requirements. Gratomic continues to move its business towards production and as part of its business plan, expects to obtain a National Instrument 43 – 101 Standards of Disclosure for Mineral Projects technical report to help it ascertain the economics of the Aukam project.

Risk Factors

No mineral resources, let alone mineral reserves demonstrating economic viability and technical feasibility, have been delineated on the Aukam Property. The Company is not in a position to demonstrate or disclose any capital and/or operating costs that may be associated with the processing plant.

The Company advises that it has not based its production decision on even the existence of mineral resources let alone on a feasibility study of mineral reserves, demonstrating economic and technical viability, and, as a result, there may be an increased uncertainty of achieving any particular level of recovery of minerals or the cost of such recovery, including increased risks associated with developing a commercially mineable deposit.

Historically, such projects have a much higher risk of economic and technical failure. There is no guarantee that production will begin as anticipated or at all or that anticipated production costs will be achieved.

Failure to commence production would have a material adverse impact on the Company’s ability to generate revenue and cash flow to fund operations. Failure to achieve the anticipated production costs would have a material adverse impact on the Company’s cash flow and future profitability.

About Gratomic Inc.

Gratomic is a materials company focused on mine to market commercialization of graphite products and components for a range of mass market products. The Company currently holds two off-take purchase agreements for graphite product sourced from the Aukam facility. One agreement is with TODAQ and the other is with Phu Sumika. The Company is listed on the TSX Venture Exchange under the symbol GRAT.

For more information: visit the website at www.gratomic.ca or contact:

Arno Brand at [email protected] or 416 561-4095