Posted by AGORACOM
at 9:32 AM on Tuesday, September 24th, 2019
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Understanding the properties and
dimensions of graphene is important for understanding novel ways in
which the extremely thin, potentially world-changing material can be
used.
A ‘wonder material’
Graphene has the highest known thermal and electrical conductivity of
any material and is tougher than steel while still being light,
flexible, and transparent. No wonder it is often called a ‘wonder
material.’
The material has a wide range of potentially world-changing uses.
These include being used as a filter for seawater, a barrier against
mosquito nets, and a comfortable solution to electrodes in prosthetic
devices.
Comparing graphene and graphite
In a new study, published in the journal Physical Review Letters, researchers asked two key questions: what is the true thickness of graphene, and to what extent is the material graphite?
To the surprise of the scientists, they found that 2D graphene, which
is a flat single layer of carbon atoms arranged in a honeycomb
structure, has several similarities to the 3D graphite.
Graphene and graphite share a similar resistance to compression. The
thickness of graphene, meanwhile, was extrapolated by comparing it to
graphite.
If the thickness of a block of graphite 100 layers thick is measured,
that means that the thickness of a single graphene layer is equivalent
to the thickness of the graphene block divided by 100.
So, based on their calculations, the thickness of graphene is 0.34 nm, the researchers say.
2D or not 2D, that is the question
Dr. Yiwei Sun, the lead author of the study from Queen Mary
University of London, said: “Graphene owes its thickness to an array of
chemical bonds sticking out above and below the 2D plane of carbon
atoms. Hence graphene is really a 3D material, albeit with a very small
thickness.
“By applying conventional 3D theory, which has been used for around
400 years, to 2D materials such as graphene, which have been known for
15 years, we show that similar arguments apply to other so-called 2D
materials, such as boron nitride and molybdenum disulphide. In that
sense, 2D materials are actually all 3D.”
Graphene was discovered in 2004 by peeling off graphene flakes from
graphite using sticky tape. It is known by many as ‘the world’s first
two-dimensional material’, due to the fact that it is extremely thin and
is made of a sheet of atoms.
Posted by AGORACOM
at 2:03 PM on Monday, September 23rd, 2019
Sponsor: Affinity is a Canadian mineral exploration company building a strong portfolio of mineral projects in North America. The Corporation’s flagship property is the Drill ready Regal Property near Revelstoke, BC (TSX-V: AFF) Click Here for More Info
This year marked the 30th
anniversary of the Denver Gold Forum (DGF), the world’s most prestigious
precious metal equities investment conference. The invitation-only
event, held last week, was attended by an incredible seven-eighths of
the world’s publicly traded gold and silver companies by production, as
well as leading metals and mining executives, money managers, analysts
and investors.
Much has changed in the precious metals and mining industry in the
past 30 years, as we were all reminded by my longtime friend and mentor
Pierre Lassonde. Pierre, as many of you know, is the legendary
co-founder, along with Seymour Schulich, of Franco-Nevada, the first
publicly-traded gold royalty company. What you may not know is that
Pierre is also one of Canada’s most gracious philanthropists and
currently serves as the chairman of the Canada Council for the Arts
Board of Directors.
According to Pierre, annual global gold demand has exploded in the
years since the first DGF was held. Demand grew more than fivefold, from
a value of $32 billion in 1989 to $177 billion in 2018.
Today’s central banks are net buyers of gold as they seek to
diversify away from the U.S. dollar. But 30 years ago, they were net sellers.
In 1989, banks collectively unwound as much as 432 tonnes from their
reserves. Compare that to last year, when they ended up buying some
651.5 tonnes, the largest such purchase since the Nixon administration, with Russia and China leading the way.
Speaking of China… Pierre pointed out to us that we’ve seen a significant shift in gold demand over the past 30 years, from west to east, as incomes in China and India—or “Chindiaâ€â€”have risen. In 1989, Chindia’s combined share of global demand for the precious metal was only about 10 percent. Fast forward to today, and it’s 53 percent.
China and India Now Represent More Than Half of Total Global Gold Demand U.S. Global Investors
“Don’t forget the Golden Rule,†Pierre said. “He who has the gold makes the rules!â€
The Gold Price in 2049 Will Be…
One of the highlights of Pierre’s presentation was his forecast for
the price of gold in the next 30 years. After analyzing gold’s
historical compound annual growth rate (CAGR) over the past 50 years,
ever since President Nixon formally took the U.S. off the gold standard,
Pierre says he sees an average price target of $12,500 an ounce by
2049. And under the “right†conditions, it could go as high as $25,000!
Could We See $25,000 Gold by 2049?
U.S. Global Investors
“I think gold is in a good place,†Pierre told Kitco News’ Daniela Cambone
on the sidelines of the DGF. “The financial demand is being driven by
negative interest rates. Should the U.S. Treasury 30-year bond yield
ever, ever go negative, like in Germany and France, God bless, we’re
looking at $5,000 gold.â€
ESG Investing Goes Mainstream
One of my own observations of how the DGF has changed over the last
30 years is the way in which mining companies pitch their stock to
investors. Before, they would jump right into financials, production
costs, mining feasibility and the like. Today, however, they begin by
discussing topics such as sustainability and environmental impact.
ESG investing stands for environmental, social and governance. This
set of criteria has grown in importance among “socially consciousâ€
investors over the past decade, as you can see in the chart below. In
the U.S. alone, assets under management (AUM) in ESG-oriented funds and
ETFs have more than doubled from approximately $40 billion in 2013 to
$90 billion in 2019, according to Morningstar data. In Europe, where
institutional investors and money managers must now comply with certain
ESG standards, the figure’s likely even higher.
U.S. Investor Appetite for ESG-Oriented Funds Has Surged in Recent Years
U.S. Global Investors
Gold’s “Green Credentials†May Be Understated: RBC
The good news is that gold and gold mining look very attractive from
an ESG perspective. Gold’s “green credentials,†in fact, may be
understated, according to a recent report by the Royal Bank of Canada
(RBC). For one, owning physical gold—in coins, bars or jewelry—has
absolutely no environmental impact and actually increases a portfolio’s
ESG rating.
As for gold mining, the process gives off significantly less
greenhouse gasses (GHG) on a per dollar basis relative to some other
mined products, including aluminum, steel, coal and zinc. What this
means is that gold has a much smaller “carbon footprint†than what some
people might think.
Gold Has Among the Lowest GHG Emissions Per Dollar of Major Mined Products
U.S. Global Investors
Many mining companies are also working to meet some investors’
changing attitudes. IAMGOLD, for instance, is investing heavily in solar
infrastructure, and its mine in Burkina Faso is the world’s largest
hybrid solar/thermal plant, according to RBC. Newmont Goldcorp is moving
forward with its “Smart Mine Initiative,†which uses optimizer software
to maximize ore recovery and minimize waste. And Torex Gold has
developed what it calls the “Muckahi Mining System,†which alleges to
limit surface disruption and reduce the use of fossil fuels underground.
In the same report, RBC says it remains “positive on gold,†writing that the metal’s “deep liquidity, near global acceptance and role as a ‘perceived safe haven’ and ‘store of value’ make it very difficult to displace†as an investment.
Posted by AGORACOM
at 12:47 PM on Monday, September 23rd, 2019
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10%+ Cg through a 21 hole program at the Refractory Zone. Click Here For More Information
Last April, Elon Musk promised that Tesla would soon be able to power its electric cars for more than 1 million miles over the course of its lifespan. At the time, the claim seemed a bit much. That’s more than double the mileage current Tesla owners can expect to get out of their car’s battery packs, which are already well beyond the operational range of most other EV batteries. It just didn’t seem real—except now it appears that it is. A. Paul Gill, CEO of Lomiko Metals (TSXV: LMR, OTCQB: LMRMF) stated “If we’re going to continue to expand the electric vehicle industry in Europe and  North America, we need a secure supply of raw materials.â€,stated Gill. “The shortage of graphite is going to be a real concern in the coming years.â€,he added.   Earlier this month, a group of battery researchers at Dalhousie University, which has an exclusive agreement with Tesla, published a paper in The Journal of the Electrochemical Society describing a lithium-ion battery that “should be able to power an electric vehicle for over 1 million miles†while losing less than 10 percent of its energy capacity during its lifetime. Led by physicist Jeff Dahn, one of the world’s foremost lithium-ion researchers, the Dalhousie group showed that its battery significantly outperforms any similar lithium-ion battery previously reported. They noted their battery could be especially useful for self-driving robotaxis and long-haul electric trucks, two products Tesla is developing. What’s interesting, though, is that the authors don’t herald the results as a breakthrough. Rather, they present it as a benchmark for other battery researchers. And they don’t skimp on the specifics. “Full details of these cells including electrode compositions, electrode loadings, electrolyte compositions, additives used, etc. have been provided,†Dahn and his colleagues wrote in the paper. “This has been done so that others can recreate these cells and use them as benchmarks for their own R+D efforts.†Within the EV industry, battery chemistries are a closely guarded secret. So why would Dahn’s research group, which signed its exclusive partnership with Tesla in 2016, give away the recipe for such a seemingly singular battery? According to a former member of Dahn’s team, the likely answer is that Tesla already has at least one proprietary battery chemistry that outperforms what’s described in the benchmark paper. Indeed, shortly after the paper came out, Tesla received a patent for a lithium-ion battery that is remarkably similar to the one described in the benchmarking paper. Dahn, who declined to comment for this article, is listed as one of its inventors. The lithium-ion batteries described in the benchmark paper use lithium nickel manganese cobalt oxide, or NMC, for the battery’s positive electrode (cathode) and artificial graphite for its negative electrode (anode). The electrolyte, which ferries lithium ions between the electrode terminals, consists of a lithium salt blended with other compounds. NMC/graphite chemistries have long been known to increase the energy density and lifespan of lithium-ion batteries. (Almost all electric car batteries, including the Nissan Leaf and Chevy Bolt, use NMC chemistries, but notably not Tesla.) The blend of electrolyte and additives is what ends up being the subject of trade secrets. But even those materials, as described in the paper, were well known in the industry. In other words, says Matt Lacey, a lithium-ion battery expert at the Scania Group who was not involved in the research, “there is nothing in the secret sauce that was secret!†Instead, Dahn’s team achieved its huge performance boosts through lots and lots of optimizing of those familiar ingredients, and tweaking the nanostructure of the battery’s cathode. Instead of using many smaller NMC crystals as the cathode, this battery relies on larger crystals. Lin Ma, a former PhD student in Dahn’s lab who was instrumental in developing the cathode design, says this “single-crystal†nanostructure is less likely to develop cracks when a battery is charging. Cracks in the cathode material cause a decrease in the lifetime and performance of the battery. Through its partnership with Tesla, Dahn’s team was tasked with creating lithium-ion batteries that can store more energy and have a longer lifetime than commercially available batteries. In electric cars, these metrics translate to how far you can drive your car on a single charge and how many charges you can get out of the battery before it stops working. Generally speaking, there’s a trade-off between energy density and battery lifetime—if you want more of one, you get less of the other. Dahn’s group was responsible for the seemingly impossible task of overcoming this tradeoff. The energy density of a lithium ion battery is one of the most important qualities in consumer electric cars like Tesla’s Model 3. Customers want to be able to drive long distances in a single charge. Tesla’s newer cars can get up to 370 miles per charge, which is well beyond the range of electric vehicles from other companies. In fact, based on the average American commute, Dahn estimates that most EV owners only use about a quarter of a charge per day. But to make a fleet of robotaxis or an empire of long haul electric trucks, Tesla will need a battery that can handle full discharge cycles every day. The problem is that fully discharging and recharging everyday puts greater stress on the battery and degrades its components more rapidly. But simply maintaining the current lifespan of a Tesla battery pack— about 300,000 to 500,000 miles—isn’t enough either. Long haul electric trucks and robotaxis will be packing in way more daily miles than your average commuter, which is why Musk wants a battery that can last for one million miles. Musk asked and Dahn delivered. As Dahn and his team detailed in their benchmarking paper, “one does not need to make a tradeoff between energy density and lifetime anymore.†The team’s results show that their batteries could be charged and depleted over 4,000 times and only lose about 10 percent of their energy capacity. For the sake of comparison, a paper from 2014 showed that similar lithium-ion batteries lost half their capacity after only 1,000 cycles “4,000 cycles is really impressive,†says Greg Less, the technical director at the University of Michigan’s Energy Institute battery lab. “A million mile range is easily doable with 4,000 cycles.†Just days after the publication of the benchmarking paper, Tesla and Dahn were awarded a patent that described a single-crystal lithium-ion battery almost identical to the batteries described in the benchmarking paper. The patented battery includes an electrolyte additive called ODTO that the patent claims can “enhance performance and lifetime of Li-ion batteries, while reducing costs.†It’s not certain that the battery described in the patent is the million-mile battery that Musk said would enter production next year, and neither Tesla nor Dahn are talking. But it’s a safe bet that Tesla’s proprietary battery performs even better. Shirley Meng, who runs the Laboratory for Energy Storage and Conversion at the University of California, San Diego, says many electric vehicle companies are pursuing batteries with higher nickel content than what Dahn’s paper and patent describe. That approach can boost the energy density of a battery. Meng says the next step is to merge those higher-density designs with some high-performing mix of electrolytes and additives. Whether it’s the formula Dahn’s group perfected is an open question. “I believe the ultimate goal of Jeff’s team is to demonstrate ultralong life in a high-nickel-content cathode, but perhaps they need a completely different mixture of the electrolyte additive cocktail,†Meng says. “I don’t think the same formula will work, and that’s why they released all the formulations.†Whatever design ends up making it into production at Tesla’s massive Gigafactory, the signs are clear: A million-mile battery will be here soon.
Posted by AGORACOM
at 8:37 AM on Monday, September 23rd, 2019
0.589 g/t Au over 1081.5mincluding an upper interval of 0.828 g/t Au over 301.5m and a lower interval of 0.930 g/t Au over 207 m
The hole was stopped in mineralization due to the drill rig reaching its depth limitation
150 meter step-out hole confirms that the Goldstorm system is gaining strength to the northeast.
Cardston, Alberta–(Newsfile Corp. – September 23, 2019) – American Creek Resources Ltd.
(TSXV: AMK) (“American Creek”) (“the Corporation”) is pleased to
announce results from JV partner Tudor Gold’s ongoing drill program
being conducted at the Treaty Creek Project located in the Golden
Triangle of NW British Columbia. Tudor today announced results from two
deep vertical diamond drill holes (drilled to a depth of over 1,000m)
and four definition drill holes. All six holes intercepted significant
gold mineralization over wide intervals at the Goldstorm Zone.
Goldstorm Extension
Hole
GS19-47 was drilled as a 150m step-out from hole GS19-42 (reported July
30, 2019 averaging 0.683 g/t Au over 780m) and was drilled vertically
to a total depth of 1,199m, ending in mineralization. The hole
contains strong stockwork with gold-bearing mineralization accompanied
by significant base-metal disseminated sulphide mineralization averaging
0.589 g/t Au over 1081.5mincluding an upper interval of 0.828 g/t Au over 301.5m and a lower interval of 0.930 g/t Au over 207 m.
The hole was stopped in mineralization due to the drill rig reaching
its depth limitation, however, casing was left in the hole for possible
continuation next year.
This 150 meter step-out hole confirms
that the Goldstorm system is gaining strength to the northeast. With
this strongly mineralized intercept, the Goldstorm Zone has been extended by a total of 300m
this year from the best hole drilled in 2018 (CB18-39, averaging 0.981
g/t Au over 563.8m) and has now been traced along strike for over 800
meters.
Goldstorm Definition Drilling
Asecond
deep vertical hole, GS19-48, was drilled to a total depth of 1035m from
the same pad as CB18-39 (drilled in 2018). The results exhibit
excellent continuity of mineralization between holes and this drill hole
returned 0.725 g/t Auover 838.5m, including a near surface interval of 328.5m averaging 1.048 g/t gold Au.
Four
footwall definition holes (GS19-43 to GS19-46) drilled on section
109+00 NE, were successful in extending the width of the mineralized
zone, to the southeast into the footwall of the controlling fault
structure.
Hole GS19-43 returned an average of 0.566 g/t Au over 493.5m;
Hole GS19-44 returned an average of 0.807 g/t Au over 267m including 1.065 g/t Au over 150m;
Hole GS19-45 returned an average of 0.719 g/t Au over 325.5m including 1.000 g/t Au over 173m.
Hole GS19-46 returned an average of 0.510g/t Au over 594m including 0.734 g/t Au over 162m.
Tudor Gold Exploration Manager, Ken Konkin explains:
“Given the success of the two deep drill holes GS19-47 and GS19-48, the
Goldstorm System shows no signs of weakening to the northeast and
several more drill holes will be needed to find the length and depth of
this huge gold system. Hole GS19-47 showed a very strong quartz
stockwork system and was still in gold values at the end of the 1,199
meter drill hole. The bottom of GS19-47 averages 0.930 g/t Au over 207 meters.
This is the first time we’ve seen this strength of gold mineralization
at depth. Furthermore, a strong copper association was encountered with
gold values at depth in both GS19-47 and GS19-48.
A 151.5m zone of 0.22% copper with 0.572 g/t gold was intercepted from 665.0 to 816.5 meters in GS19-47 and a 66.0m zone of 0.35% copper with 0.958 g/t gold was intercepted from 874.5 to 940.5m in GS19-48.
Not
only does the Goldstorm Zone remain open at depth and along strike, we
are now seeing base-metal associations possibly as part of a zonation
within the metal system.”
The following table provides gold composites from the six drill holes completed on three sections that cut the Goldstorm Zone.
Table I: Gold Composites for GS19-48 to GS19-43
SECTION
HOLE ID
FROM (M)
TO (M)
Interval (M)
GOLD (g/t)
114+00NE
GS19-47
117.5
1199
1081.5
0.589
including
200
501.5
301.5
0.828
and
986
1193
207
0.93
111+00 NE
GS19-48
97.5
936
838.5
0.725
including
97.5
426
328.5
1.048
109+00 NE
GS19-43
68
561.5
493.5
0.566
including
141.5
561.5
420
0.605
including
141.5
197
55.5
1.005
GS19-44
101
368
267
0.807
including
125
275
150
1.065
GS19-45
44
369.5
325.5
0.719
including
62
278
216
0.901
including
105
278
173
1.000
GS19-46
34.5
628.5
594
0.51
including
175.5
337.5
162
0.734
including
564
600
36
1.328
* All assay values are uncut and intervals reflect drilled intercept lengths.
* True widths of the mineralization have not been determined
Goldstorm Zone Drill Section 109+00 NE, 111+00 NE and 114+00 NE
Section
114+00 NE is a 300 m step-out on strike from 111+00 NE and hole GS19-47
hosts what is now the longest and deepest gold intercept on the project
to date.
Section 111+00 NE shows the consistency of the upper horizon gold grades between holes and new depth extension in hole GS19-48.
Section 109+00 NE shows four definition holes drilled this season to better outline the extent of the zone to the southeast.
Goldstorm Zone Plan Map
The
Goldstorm Zone now extends more than 800 meters in strike length and
remains open along strike to the Northeast and Southwest as well as to
depth.
Goldstorm zone drill sections and the plan map are included at the bottom of the news release.
The diamond drilling program continues with two drill rigs. Additional results will be announced as they become available.
Walter Storm, Tudor Gold President and CEO, stated:
“I am very pleased to see that all nine holes drilled have reported
very good results and we have not missed on any step-out targets nor any
footwall extension holes, they were all hits. These results have proven
that we have an excellent understanding of the structure, geology and
mineralogy of this massive gold system. I am looking forward to
continuing our exploration efforts in order to unlock the full potential
of this large gold system.”
Darren Blaney, American Creek CEO, stated:
“The anticipation of waiting for this 150 meter step-out hole has now
been rewarded with the largest gold interval drilled to date at the
project. Further, all five other holes have also hit significant gold
over wide intervals. Seeing the strong copper zones now showing up in
drill holes has added yet further potential to the possible extent of
the deposit. Clearly, we have a massive, world-class gold system that
still shows no signs of weakening to the northeast nor at depth. The
drilling continues to show strong correlation with the geophysics which
indicates that the gold mineralization potentially continues for
considerable depth below the bottom of the deepest drill holes.
I
can’t state strongly enough how pleased I am with what Walter, Ken and
the Tudor team have accomplished with the Treaty Creek exploration
program!”
QA/QC
Drill core samples were prepared
at MSA Labs’ Preparation Laboratory in Terrace, BC and assayed at MSA
Labs’ Geochemical Laboratory in Langley, BC. Analytical accuracy and
precision are monitored by the submission of blanks, certified standards
and duplicate samples inserted at regular intervals into the sample
stream by Tudor Gold personnel. MSA Laboratories quality system complies
with the requirements for the International Standards ISO 17025 and ISO
9001. MSA Labs is independent of the Company.
Qualified Person
The
Qualified Person for this news release for the purposes of National
Instrument 43-101 is Tudor Gold’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.
A
major drill program is presently being conducted at Treaty Creek by JV
partner and operator Tudor Gold. There are two drills working on the
Goldstorm zone at present.
The Treaty Creek Project is a Joint
Venture with Tudor Gold owning 60% and acting as operator. American
Creek and Teuton Resources each have 20% interests 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”.
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
Figure 1: Goldstorm Zone Selected Results From Deep Step-out Holes
Neither
the TSX Venture Exchange nor its Regulation Services Provider (as that
term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.
Posted by AGORACOM
at 2:17 PM on Friday, September 20th, 2019
September 20, 2019) - Affinity Metals Corp. (TSXV: AFF) (“Affinity Metals”) (“the Corporation”) is pleased to report that it has commenced exploration on the Regal Project located approximately 35 km northeast of Revelstoke, British Columbia, Canada. The program will include geological mapping, sampling, and up to 2,000 meters of diamond drilling testing several targets identified in preliminary work. The total amount of drilling in this phase of the program will depend on weather and on evaluating target potential and results as the program progresses. Drilling will begin in the ALLCO area of the property.
The
extensive Regal property package spans 6,700 hectares in the northern
end of the prolific Kootenay Arc and hosts several past producing
small-scale historic mines. From the historic records it appears that
most, and perhaps all, of the known mineralized showings/zones have not
been previously drilled using modern diamond drilling methods.
Preliminary work conducted in the fall of 2018 included collecting a total of 20 grab and chip samples from several different areas on the property including around the old Regal Silver workings, in the Clabon Creek drainage and at a promising showing along a logging road cut several km to the west of the Regal historic workings. The samples returned values as high as 1,890 g/t silver with >20% lead, and 7.63% zinc. A one-meter chip sample from a 4 meter wide galena vein immediately outside the Regal Silver #5 adit yielded 1,040 g/t silver as well as greater than 20% lead and 3,580 g/t (0.358%) zinc. Results for all 20 samples are reported below:
Significantly,
as a result of a recent, severe freshet event that totally scoured the
upper Clabon Creek drainage, a series of numerous large mineralized
boulders were exposed. Planned field work will include examination of
the mineralization and host rock which will be invaluable in identifying
the source of this mineable grade material (photo below). This float
material is present in the creek drainage over a distance of
approximately 3km indicating the strong potential for discovering new
mineralized zones upstream and in the immediate area.
Robert
Edwards, CEO stated: “We are very excited to finally be able to begin
exploration on the Regal Property in a meaningful way. It has taken
considerable time and effort to assemble the vast amounts of historic
geological data that has been accumulated on this project. Combining
that data with our prospecting time spent on the ground to begin to test
the many targets that have been identified should lead to some positive
results for this drill program.”
Property History & Background
The property hosts numerous mineral occurrences including the following past-producing mines:
Snowflake and Regal Silver (Stannex/Woolsey) Mines
The
Snowflake and Regal Silver mines were two former producing mines that
operated intermittently during the period 1936-1953. The last
significant work on the property took place from 1967-1970, when Stannex
Minerals completed 2,450 meters of underground development work and a
feasibility study, but did not restart mining operations. In 1982,
reported reserves were 590,703 tonnes grading 71.6 grams per tonne
silver, 2.66 per cent lead, 1.26 per cent zinc, 1.1 per cent copper,
0.13 per cent tin and 0.015 per cent tungsten (Minfile No. 082N 004 –
Prospectus, Gunsteel Resources Inc., April 29, 1986). It should be noted
that the above resource and grades, although believed to be reliable,
were prepared prior to the adoption of NI43-101 and are not compliant
with current standards set out therein for calculating mineral resources
or reserves. Samples ALLC18-1 to ALLC18-14 inclusive and ALLC18-20 were
taken on and in the vicinity of The Regal/Snowflake historical mine
workings during the 2018 preliminary exploration program.
ALLCO Silver Mine
The
Allco Silver Mine is situated 6.35 Kilometers northwesterly (azimuth
300o) from the above described Snowflake/Regal Mine(s) but still part of
the Affinity claim group.
The
Allco Silver Mine operated from 1936-1937 and produced 213 tonnes of
concentrates containing 11 troy ounces of gold (1.55 g/t), 11,211 troy
ounces of silver (1,637 g/t) and 173,159 lbs of lead (36.9%).
Black Jacket Showing.
The
Black Jacket showing was discovered by routine prospecting during 2008.
Samples taken on the showing are numbered ALLC18-15 to ALLC18-19
inclusive. This is a raw prospect in that no technical work excluding
sampling has been conducted on this showing. The showing is situated
10.3 kilometers westerly (azimuth 281o) from the historical
Snowflake/Regal Mine.
Airborne Geophysics to Guide Future Exploration
An
extensive airborne geophysics survey conducted by Geotech Ltd of
Aurora, Ontario, for Northaven Resources Corp. in 2011, identified four
well defined high potential linear targets correlating with the same
structural orientation as the Allco, Snowflake and Regal Silver mines.
Northaven also reported that the mineralogy and structural orientation
of the Allco, Snowflake and Regal Silver appeared to be similar to that
of Huakan International Mining Inc’s J&L gold project located to the
north, and on a similar geophysical trend line. The J&L is
reporting a NI43-101 compliant resource of 9.9M tonnes containing 2.4M
troz gold equivalent (combined measured, indicated and inferred) and is
reportedly now one of western Canada’s largest undeveloped gold
deposits. Northaven failed in financing their company and conducting
further exploration on the property and subsequently forfeited the
claims without any of the follow up work being completed. Affinity
Metals is in the fortunate position of benefitting from this significant
and promising geophysics data and associated targets.
The
aforementioned Northaven airborne geophysical survey conducted at a
cost of $319,458.95 in August of 2011 is described in The BC Ministry of
Energy, Mines and Petroleum Resources Assessment Report #33054. The
results of the survey are competently explained and illustrated by
professionals on You Tube at: https://www.youtube.com/watch?v=GX431eBY_t0
Affinity
Metals has successfully obtained a 5 Year Multi-Year-Area-Based (MYAB)
exploration permit which includes approval for 51 drill sites.
Qualified Person
The
qualified person for the Regal Project for the purposes of National
Instrument 43-101 is Frank O’Grady, P.Eng. He has read and approved the
scientific and technical information that forms the basis for the
disclosure contained in this news release.
About Affinity Metals
Affinity Metals is focused on the acquisition, exploration and development of strategic metal deposits within North America.
The Corporation’s flagship project and present focus is the Regal.
On behalf of the Board of Directors
Robert Edwards, CEO and Director of Affinity Metals Corp.
Posted by AGORACOM
at 9:19 AM on Wednesday, September 18th, 2019
Kamloops, British Columbia–(Newsfile Corp. – September 18, 2019) –
Advance Gold Corp. (TSXV: AAX) (“Advance Gold” or “the Company”) is
pleased to provide an exploration update on its Tabasquena gold and
silver project in Zacatecas, Mexico. To date, 10 drill holes have been
completed hitting widespread gold and silver mineralization in near
surface epithermal veins. Recently, a 3D induced polarization (IP)
survey was completed that identified a significant continuous
chargeability anomaly, with an east-west width of approximately 250
metres and an apparent strike length of over 800 metres. This anomaly is
located directly below the Tabasquena vein. The anomaly remains open
to the north and to the south and at depth. A second phase 3D IP
geophysical survey is scheduled to begin in the first week of October to
extend the grid to the south.
The purpose of the extended grid to
the south will be threefold, firstly it will establish the continuity
of the anomaly to the south, secondly whether or not the target anomaly
becomes shallower and lastly it will assist in positioning the upcoming
drill hole locations. It is planned to commence drilling once the IP
survey has been completed.
Images shown below are a 3D model of
the epithermal veins hit in previous drilling and a voxel inversion
model showing the extent of the large chargeability anomaly for lines
L7450N and L7250N. These two diagrams are an excellent representation of
the emerging targets at Tabasquena.
The black line at the surface
of the 3D model of drill holes is the surface projection of the
Tabasquena vein. The red shaded area is the historical mining done by
Penoles. The chargeability anomaly is approximately 250 metres below the
historical mining, and it follows the strike direction of the
Tabasquena vein. The epithermal veins, with highlighted widespread gold
and silver mineralization, are above and slightly to the west of the
deeper chargeability anomaly.
Allan Barry Laboucan, President and CEO of Advance Gold Corp., commented: “Our
exploration efforts at Tabasquena are coming together nicely with the
past drilling and the recent IP geophysical survey. It is important to
point out, the IP survey is meant to reveal sulphides through
chargeability. The epithermal veins are low sulphidation and relatively
small and don’t show up well in the IP survey, however right below these
veins is the large continuous chargeability anomaly of over 800 metres
from north to south and approximately 250 metres from east to west.
Before starting our next round of drilling, we wanted to extend the IP
grid to the south, where the anomaly is closer to surface. There is a
significant elevation change of approximately 300 metres from the
northernmost line of the geophysical survey to the most southerly one.
We have approximately 1500 metres to the southern limits of our claims.
The chargeability anomaly is open to the north, but due to the higher
elevation and more cover it exceeds the depth limits of the IP survey.
We are very excited to extend the grid to the south as that is the
direction of the highest intensity of the chargeability and where it
becomes closest to surface. The combination of the quality of Tabasquena
and our various projects, our low share count and a tight share
structure, with substantial insider ownership and tiny valuation, puts
us in a unique position relative to our exploration focused peers as the
market for gold and silver are gaining strength.”
Julio Pinto
Linares is a QP, Doctor in Geological Sciences with specialty in
Economic Geology and Qualified Professional No. 01365 by MMSA., and QP
for Advance Gold and is the qualified person as defined by National
Instrument 43-101 and he has read and approved the accuracy of technical
information contained in this news release.
About Advance Gold Corp. (AAX.V)
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 Nicolas
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 13.23% interest on strategic claims in the Liranda Corridor in
Kenya, East Africa. The remaining 86.77% of the Kakamega project is held
by Barrick Gold Corporation.
Posted by AGORACOM
at 10:42 AM on Monday, September 16th, 2019
Lomiko Metals Inc. (“Lomikoâ€) (TSX-V: LMR, OTC: LMRMF, FSE: DH8C) and Quebec Precious Metals (“QPMâ€) (TSX.V: CJC) announces that further to the Company’s press release dated December 31, 2018,
the Company wishes to update shareholders regarding its option to earn a
100% of the La Loutre Flake and Lac des ÃŽles Flake Graphite Properties,
Quebec (the “Propertiesâ€). The Company has completed its initial option
and has earned its 80% interest in the Properties.
Pursuant to an agreement dated December 22, 2018, the Company and Quebec
Precious Metals Inc. (“QPMâ€) (previously known as Canada Strategic
Metals Inc.) agreed to extend two options agreements relating to the
Properties which allow the Company to earn a 100% ownership. Pursuant to
an amendment dated May 13, 2016, in order to earn a further 20%
interest for a total of 100%, the Company was to issue an aggregate of
5,000,000 shares (pre-consolidation) (2,500,000 on or before July 31,
2017 and 2,500,000 on or before December 31, 2018) and fund exploration
expenditures of an aggregate of $1,125,000 ($250,000 by December 31,
2016; $375,000 by December 31, 2017 and $500,000 by December 31, 2018).
The parties agreed to extend the deadline date for the Company to fund
exploration work of $1,125,000 to December 31, 2019 and the Company
shall forthwith, upon regulatory approval, issue 500,000 common shares
(5,000,000 pre-consolidation) shares. In order to close the transaction,
the Company must have adequate funds available and the transaction is
subject to the approval of the TSX Venture Exchange. The transaction is
arm’s length.
Further to the press release dated August 20, 2019,
announcing the engagement of Leede Jones Gable Inc. (the “Agent”) as
lead agent on a commercially reasonable agency basis to undertake a
brokered private placement (the “Offeringâ€) of a combination of Units
(as hereinafter defined) and FT Shares (as hereinafter defined) for
gross proceeds of up to $2,750,000, the Company discloses that it will
be relying on certain prospectus exemptions including but not limited
to, the Existing Security Holder Exemption and BC Instrument 45-536 Exemption from prospectus requirement for certain distributions through an investment dealer. An exemption where the purchaser has obtained advice regarding suitability from a person registered as an investment dealer.
Subject to applicable securities laws, the Company will permit each
person or company who, as of September 13, 2019 (being the record date
set by the Company pursuant to Multilateral CSA Notice 45-313 –
Prospectus Exemption for Distributions to Existing Security Holders)
(“CSA 45-313â€), who hold common shares as of that date (a “Current
Shareholderâ€) to subscribe for the Units and FS Shares that will be
distributed pursuant to the Offering, provided that the Existing
Security Holder Exemption is available to such person or company.
Pursuant to CSA 45-313, each subscriber relying on the Existing Security
Holder Exemption may subscribe for a maximum of 300,000 Units or
300,000 FS Shares, being such amount of Units and FS Shares that results
in an acquisition cost of less than or equal to $15,000 for such
subscribers, unless a subscriber is resident in a jurisdiction of Canada
and has obtained advice regarding the suitability of the investment
from a registered investment dealer (in which case such maximum
subscription amount will not apply). In the event that aggregate
subscriptions for Units or FT Shares under the Offering exceed the
maximum number of securities to be distributed, then Units will be sold
to qualifying subscribers on a pro rata basis based on the number of
Units or FT Shares subscribed for. In addition to conducting the
Offering pursuant to the Existing Security Holder Exemption, the Company
will also accept subscriptions for Units or FT Shares where other
prospectus exemptions are available. Any Current Shareholder subscribing
for Units or FT Shares pursuant to a prospectus exemption other than
the Existing Security Holder Exemption will not be limited to a maximum
of 300,000 Units or 300,000 FT Shares.
The Company also advises that the insiders of the Company may also
participate in the financing, which will be completed pursuant to
available related party exemptions under Multilateral Instrument 61-101 Protection of Minority Security Holders in Special Transactions.
Up to 20,000,000 units (the “Unitsâ€) of the Company will be offered at
$0.05 per Unit to raise gross proceeds of up to $1,000,000. Each Unit
will consist of one (1) common share and one half of one (1/2) common
share purchase warrant (“Warrantâ€). Each full Warrant shall entitle the
holder to acquire one (1) common share at $0.07 per share for a period
of 24 months following closing. Up to 35,000,000 flow through shares
(the “FT Sharesâ€) will be offered at $0.05 per FT Share for gross
proceeds of up to $1,750,000.
The gross proceeds from the issuance of the FT Shares will be used for
Canadian exploration expenses and will qualify as flow-through mining
expenditures, as defined in Subsection 127(9) of the Income Tax Act
(Canada), which will be renounced to the subscribers with an effective
date no later than Dec. 31, 2019, to the initial purchasers of the
offered securities in an aggregate amount not less than the gross
proceeds raised from the issue of the flow-through shares, as
applicable, and, if the qualifying expenditures are reduced by the
Canada Revenue Agency, the company will indemnify each FT subscriber for
any additional taxes payable by such subscriber as a result of the
company’s failure to renounce the qualifying expenditures as agreed.
The net proceeds from the Offering of the Units and the gross proceeds
from the Offering of FT Shares will be primarily used for: (1)
approximately $50,000 for a new Resource Estimate prepared in accordance
NI #43-101 regulations which will include recent drill results from the
Refractory Zone; (2) approximately $700,000 for completion of work
required for a Preliminary Economic Assessment (PEA), including but not
limited to, metallurgical/engineering testing and drilling, community
relations, testing for conversion to spherical graphite for use in
graphite anodes, environmental assessment and extraction and processing
cost studies; (3) fund exploration work of $1,125,000 to December 31,
2019, $425,000 on exploration in 2020; and (4) approximately $150,000 to
pursue potential off-take partners, fees and for general working
capital. While the Company intends to spend the net proceeds from the
Offering as stated above, there may be circumstances where, for sound
business reasons, funds may be reallocated at the discretion of the
Board.
The closing of the Offering is expected to occur on or about October 30,
2019. Closing is subject to a number of prescribed conditions,
including, without limitations, approval of the TSX Venture Exchange.
All the securities issued under the Offering are subject to resale
restrictions under applicable securities legislation.
Offering Jurisdictions
The Offering will take place by way of a brokered private placement to
qualified investors in such provinces of Canada as the Agent may
designate, and otherwise in those jurisdictions where the Offering can
lawfully be made under applicable exemptions.
Agent’s Compensation
On the Closing of the Offering, the Company has agreed to pay to the
Agent, subject to certain exclusions, a commission equal to 8% of the
gross proceeds arising from the Offering. At the closing of the
Offering, the Company will also issue to the Agent non-transferable
warrants exercisable at any time up to 24 months from closing, to
acquire common shares from treasury in an amount equal to 8% of the
aggregate number of units and FT shares issued pursuant to the Offering.
The Company discloses that there are no material facts or material
changes about the Company that has not been generally disclosed.
The Corporation does not expect to provide any offering materials to subscribers in connection with the Offering.
For more information on the Company, review the website at www.lomiko.com, contact A. Paul Gill at 604-729-5312 or email: [email protected].
Posted by AGORACOM
at 8:37 AM on Monday, September 16th, 2019
Thunder Bay, Ontario–(Newsfile Corp. – September 16, 2019) – ZEN Graphene Solutions Ltd. (TSXV: ZEN) (“ZEN” or the “Company“)
is pleased to announce that it has signed an agreement with Chemisar
Laboratories Inc. (“Chemisar”) to provide various consulting services
which will include the use of 2,300 square feet of office and laboratory
space in Guelph, Ontario commencing on October 1, 2019. This office
will become the company’s new graphene research and development centre
which will include a small-scale graphene processing and production
facility. Additional space is available in the building which will
allow ZEN to grow as needed.
The new office and lab spaces are
situated 66 km from Toronto Pearson International Airport and is
centrally located to Toronto, Hamilton, Waterloo, London and multiple
university partners. The office space is part of a larger 5,500 square
foot well-equipped stand-alone technology centre which is situated on
1.15 acres. ZEN has access to a 2,000 square foot wet laboratory which
has fume hoods, laboratory equipment and a large inventory of
specialized glassware as well as other laboratory consumables plus a
large inventory of chemical reagents. In the coming months, ZEN is
aiming to setup small-scale graphite purification and graphene-related
production facilities including Graphene Quantum Dots (GQD’s)
and Graphene Oxide (GO). These products will be available for research
and development, application development and for commercial use.
Chemisar
and its related companies, Guelph Chemical Laboratories and Maxima
Laboratories were founded by Dr. Raj N. Pandey. The main areas of
research were in the Energy and Environmental fields while offering
analytical laboratory services to both private enterprises and
government agencies since 1978. The companies have been granted 30
various patents from their research. They also have significant
experience with NRCAN, NRC, International Trade, the Ontario Ministry of
Environment and Energy along with the Government and various businesses
in India.
About ZEN Graphene Solutions Ltd.
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 2:11 PM on Thursday, September 12th, 2019
SPONSOR: Advance Gold AAX.v – Advance Gold controls 100% interest in the Tabasquena Silver Mine in Zacatecas, Mexico. A cluster of 30 Epithermal veins have been discovered, with recent emphasis on exploring a large anomaly to drill. Advance also owns 15% of the Kakamega JV attached to Barrick Takeover Offer for Acacia Mining. Click Here For More Info
Diversify Well To Protect Oneself Against The Coming ‘Paradigm Shift’
The most important forces that now exist are:
1) The End of the Long-Term Debt Cycle (When Central Banks Are No Longer Effective) +
2) The Large Wealth Gap and Political Polarity +
3) A Rising World Power Challenging an Existing World Power = The Bond Blow-Off, Rising Gold Prices, and the Late 1930s Analogue
In other words now 1) central banks have limited ability to stimulate, 2) there is large wealth and political polarity and 3) there is a conflict between China as a rising power and the US as an existing world power.
If/when
there is an economic downturn, that will produce serious problems in
ways that are analogous to the ways that the confluence of those three
influences produced serious problems in the late 1930s.
Before I get into the meat of what I hope to convey, I will repeat my
simple timeless and universal template for understanding and
anticipating what is happening in the economy and markets.
My Template
There are four important influences that drive economies and markets:
Productivity
The short-term debt/business cycle
The long-term debt cycle
Politics (within countries and between countries).
There are three equilibriums:
Debt growth is in line with the income growth required to service the debt,
The economy’s operating rate is neither too high (because that will
produce unacceptable inflation and inefficiencies) nor too low (because
economically depressed levels of activity will produce unacceptable pain
and political changes), and
The projected returns of cash are below the projected returns of
bonds, which are below the projected returns of equities and the
projected returns of other “risky assets.â€
And there are two levers that the government has to try to bring things into equilibrium:
Monetary policy
Fiscal policy
The equilibriums move around in relation to each other to produce
changes in each like a perpetual motion machine, simultaneously trying
to find their equilibrium level. When there are big deviations from one
or more of the equilibriums, the forces and policy levers react in ways
that one can pretty much expect in order to move them toward their
equilibriums.
For example, when growth and inflation fall to lower than the desired
equilibrium levels, central banks will ease monetary policies which
lowers the short-term interest rate relative to expected bond returns,
expected returns on equities, and expected inflation. Expected bond
returns, equity returns, and inflation themselves change in response to
changes in expected conditions (e.g. if expected growth is falling, bond
yields will fall and stock prices will fall).
These price changes happen until debt and spending growth pick up to
shift growth and inflation back toward inflation. And of course all this
affects politics (because political changes will happen if the
equilibriums get too far out of line), which affects fiscal and monetary
policy. More simply and most importantly said, the central bank has the
stimulant which can be injected or withdrawn and cause these things to
change most quickly.
Fiscal policy, which changes taxes and spending in politically
motivated ways, can also be changed to be more stimulative or less
stimulative in response to what is needed but that happens in lagging
and highly inefficient ways.
For a simpler explanation of this template see my 30-minute animated video “How the Economic Machine Works†and for a more comprehensive explanation see my book Understanding the Principles of Big Debt Crises, which is available free as a PDF here or in print on Amazon. Also, to learn more about our extensive debt cycle research, please visit our debt crises research library on Bridgewater.com.
Looking at What Is Happening Now in the Context of That Template
Regarding the above template and where we are now, in my opinion, the most important things that are happening (which last happened in the late 1930s) are
a) we are approaching the ends of both the short-term and long-term
debt cycles in the world’s three major reserve currencies, while
b) the debt and non-debt obligations (e.g. healthcare and
pensions) that are coming at us are larger than the incomes that are
required to fund them,
c) large wealth and political gaps are producing political conflicts
within countries that are characterized by larger and more extreme
levels of internal conflicts between the rich and the poor and between
capitalists and socialists,
d) external politics is driven by the rising of an emerging power
(China) to challenge the existing world power (the US), which is leading
to a more extreme external conflict and will eventually lead to a
change in the world order, and [Ian Bremmer calls this the return of a
bi-polar world but with significant differences in the goals of the
powers—JM]
e) the excess expected returns of bonds is compressing relative to the returns on the cash rates central banks are providing.
As for monetary policy and fiscal policy responses, it seems to me that we
are classically in the late stages of the long-term debt cycle when
central banks’ power to ease in order to reverse an economic downturn is
coming to an end because:
Monetary Policy 1 (i.e. the ability to lower interest rates) doesn’t
work effectively because interest rates get so low that lowering them
enough to stimulate growth doesn’t work well,
Monetary Policy 2 (i.e. printing money and buying financial assets)
doesn’t work well because that doesn’t produce adequate credit in the
real economy (as distinct from credit growth to leverage up investment
assets), so there is “pushing on a string.†That creates the need for…
Monetary Policy 3 (large budget deficits and monetizing of them)
which is problematic especially in this highly politicized and
undisciplined environment.
More specifically, central bank policies will push short-term
and long-term real and nominal interest rates very low and print money
to buy financial assets because they will need to set
short-term interest rates as low as possible due to the large debt and
other obligations (e.g. pensions and healthcare obligations) that are
coming due and because of weakness in the economy and low inflation.
Their hope will be that doing so will drive the expected returns of cash
below the expected returns of bonds, but that won’t work well because:
a) these rates are too close to their floors,
b) there is a weakening in growth and inflation expectations which is also lowering the expected returns of equities,
c) real rates need to go very low because of the large debt and other obligations coming due, and
d) the purchases of financial assets by central banks stays in the
hands of investors rather than trickles down to most of the economy
(which worsens the wealth gap and the populist political responses).
This has happened at a time when investors have become increasingly leveraged long due to the low interest rates and their increased liquidity. As a result we see the market driving down short-term rates while central
banks are also turning more toward long-term interest rate and yield
curve controls, just as they did from the late 1930s through most of the
1940s.
To put this interest rate situation in perspective, see the long-term
debt/interest rate wave in the following chart. As shown below, there
was a big inflationary blow-off that drove interest rates into a
blow-off in 1980–82. During that period, Paul Volcker raised real and
nominal interest rates to what were called the highest levels “since the
birth of Jesus Christ,†which caused the reversal.
During the period leading into the 1980–82 peak, we saw the blow-off
in gold. The below chart shows the gold price from 1944 (near the end of
the war and the beginning of the Bretton Woods monetary system) into
the 1980–82 period (the end of the inflationary blow-off). Note that the
bull move in gold began in 1971, when the Bretton Woods monetary system
that linked the dollar to gold broke down and was replaced by the
current fiat monetary system. The de-linking of the dollar from gold set
off that big move. During the resulting inflationary/gold
blow-off, there was the big bear move in bonds that reversed with the
extremely tight monetary policies of 1979–82.
Since then, we have had a mirror-like symmetrical reversal (a dis/deflationary blow-off). Look
at the current inflation rates at the current cyclical peaks (i.e. not
much inflation despite the world economy and financial markets being
near a peak and despite all the central banks’ money printing) and
imagine what they will be at the next cyclical lows. That is because there
are strong deflationary forces at work as productive capacity has
increased greatly. These forces are creating the need for extremely
loose monetary policies that are forcing central banks to drive interest
rates to such low levels and will lead to enormous deficits that are
monetized, which is creating the blow-off in bonds that is the
reciprocal of the 1980–82 blow-off in gold. The charts below show the 30-year T-bond returns from that 1980–82 period until now, which highlight the blow-off in bonds.
To understand the current period, I recommend that you understand the
workings of the 1935–45 period closely, which is the last time similar
forces were at work to produce a similar dynamic.
Please understand that I’m not saying that the past is
prologue in an identical way. What I am saying that the basic
cause/effect relationships are analogous:
a) approaching the ends of the short-term and long-term debt cycles, while
b) the internal politics is driven by large wealth and political
gaps, which are producing large internal conflicts between the rich and
the poor and between capitalists and socialists, and
c) the external political conflict that is driven by the rising of an
emerging power to challenge the existing world power, leading to
significant external conflict that eventually leads to a change in the
world order.
As a result, there is a lot to be learned by understanding the mechanics of what happened then (and in other analogous times before then) in order to understand the mechanics of what is happening now.
It is also worth understanding how paradigm shifts work and how to diversify well to protect oneself against them.
by Ray Dalio, Bridgewater Associates, August 28, 2019
Posted by AGORACOM
at 8:57 AM on Thursday, September 12th, 2019
Leading endocrinology
and metabolism academic expert with research focus in pathophysiology
and treatment of obesity and type 2 diabetes
Robust business
development initiative to build biopharmaceuticals pipeline underway
with expectation to announce at least one in-licensing agreement before
year end
BEVERLY HILLS, CA/ ACCESSWIRE / September 12, 2019 /Applied BioSciences Corp.
(OTCQB:APPB) (“Applied” or the “Company”), a vertically integrated
company focused on the development of science-driven cannabinoid
biopharmaceuticals and the production of high-quality CBD products,
today announced the appointment of Judith Korner, M.D., Ph.D., to its
Scientific Advisory Board for the biopharma business unit of the
Company, Applied BioPharma.
“We are pleased to welcome Dr.
Korner as a founding member of our Scientific Advisory Board. Over the
course of 2019, we have been purposefully focusing our corporate and
clinical strategies and the leadership surrounding those efforts. The
establishment of our Scientific Advisory Board and the appointment of
Dr. Korner as its inaugural member is another noteworthy milestone as we
continue to establish Applied as a leader in the endocannabinoid
biopharmaceuticals space. Dr. Korner’s expertise and insight will be
invaluable as we continue to build a solid foundation from which we can
launch future expansion and unlock the full potential of Applied
BioPharma,†commented Dr. Raymond Urbanski, Chief Executive Officer.
Dr. Korner
currently serves as Professor of Medicine in the Department of Medicine
and Division of Endocrinology and Metabolism at New York Presbyterian/
Columbia University Irving Medical Center. Her area of research
expertise is focused on the pathophysiology and treatment of obesity and
type 2 diabetes. She currently has funding from the National Institutes
of Health (NIH) to investigate peptide hormones that control hunger and
food intake, particularly in association with bariatric surgery. She
was the Principal Investigator of a NIH-funded trial to study the
effects of leptin administration after gastric bypass surgery on body
weight and neuroendocrine function and was the Principal Investigator at
Columbia University of a multi-center randomized trial of medical
management vs gastric bypass surgery for the treatment of diabetes. Dr.
Korner is also the Director of the Weight Control Center at Columbia
University Irving Medical Center that specializes in the medical
treatment of obesity or excessive weight gain. She has published
original research as well as chapters and review articles on weight
regulation and obesity therapy, serves as Vice Chair of the Board of
Directors of the American Board of Obesity Medicine, and is a member of
several professional organizations including The Obesity Society, The
Endocrine Society, The American Diabetes Association, The New York
Obesity Research Center and the Diabetes and Endocrinology Research
Center at Columbia University. She has shared her expertise in the field
of obesity through on-site training and mentoring of students and
junior faculty and presentations at conferences world-wide.
Dr. Korner added,
“Applied has made great strides in laying a solid foundation for its
corporate and clinical development. I am pleased to be an inaugural
member of this Scientific Advisory Board for what I believe will be an
important Company in the endocannabinoid biopharmaceuticals space. With
the strategies in place and multiple near-term milestones ahead, I
believe Applied has the potential to significantly impact areas of unmet
need and I look forward to leveraging my expertise.â€
Dr. Korner received her medical
degree at the College of Physicians and Surgeons of Columbia University
where she also obtained her Ph.D. in Biochemistry and Molecular
Biophysics in the laboratory of Dr. Richard Axel. She completed her
internship and residency in Internal Medicine, served as Chief Medical
Resident, and completed her fellowship in Diabetes, Endocrinology and
Metabolism at Columbia University Medical Center.
The Applied BioPharma business
unit is focused on the development and commercialization of novel
therapeutics to treat serious diseases by leveraging an industry leading
pipeline of endocannabinoid system-targeted drug candidates.
The Company is actively seeking
in-license opportunities for Applied BioPharma with the goal of
developing an industry leading pipeline of endocannabinoid
system-targeted drug candidates that address significant unmet needs
across a wide range of therapeutic areas. The Applied management team
expects to announce at least one in-licensing agreement before year end.
About Applied BioSciences Corp.
Applied BioSciences is a
vertically integrated company focused on the development of
science-driven cannabinoid therapeutics / biopharmaceuticals and
delivering high-quality CBD products as well as state-of-the-art testing
and analytics capabilities to our customers. For more information,
visit the Company’s website.
