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INDUSTRY BULLETIN – Power Nickel Believes Company Is One of The World’s Best Nickel Investment Opportunities

Posted by Paul Nanuwa at 12:47 PM on Wednesday, April 24th, 2024

As the world shifts towards a more sustainable future, electric vehicles (EVs) have become a key player in reducing carbon emissions and fossil fuel dependency. Central to this transition is the nickel used in lithium-ion batteries, the power source for EVs. In this context, Power Nickel Inc., a Canadian junior exploration company, has positioned itself as a leader in the exploration and development of high-grade nickel projects. With the company’s recent acquisition of an additional 30% stake in the Nisk Project, Power Nickel has solidified its role in the rapidly growing EV battery manufacturing industry.

Industry Outlook and Power Nickel’s Trajectory

The demand for nickel in EV battery manufacturing is on a steep upward trajectory. According to industry projections, the global demand for nickel is expected to increase six-fold by 2030, driven by the rapid growth of electric vehicle production worldwide. This surge in demand underscores the critical role that nickel plays in the journey towards a greener future.

Power Nickel’s focus on developing high-grade nickel-copper platinum group elements (PGE) mineralization is perfectly aligned with this industry trend. The company’s flagship project, the Nisk Project, encompasses 20 kilometers of strike length with numerous high-grade intercepts, positioning Power Nickel to meet the industry’s growing demand for nickel.

Voices of Authority

Industry leaders and experts are emphasizing the importance of nickel in the transition to electric vehicles and a sustainable future. Terry Lynch, CEO of Power Nickel, commented on the recent acquisition, stating, “We look forward to ramping up our efforts throughout 2024 and 2025 as we seek to bring these targets to a production decision.” This sentiment reflects the optimism within the industry and Power Nickel’s commitment to contributing to a carbon-neutral future.

Kenneth Williamson, Power Nickel’s VP of Exploration, added that the company’s drilling program has yielded significant results, providing a strong foundation for future exploration. “With 15 successful holes at the Lion Discovery zone and additional assays on the way, we’re excited about the potential of the Nisk Project,” he noted.

Power Nickel’s FLASH Highlights

The latest resource estimate for Power Nickel’s Nisk Project presents a promising outlook with significant indications of nickel and associated minerals. The assessment reveals a considerable amount of both indicated and inferred resources, indicating the high potential of the project’s nickel sulfide deposits.

Here are the key details from the resource estimate:

  • Indicated Resources:
    • The Nisk Project has over 5.4 million tonnes of indicated resources, grading an average of 1.05% Nickel Equivalent (NiEq). This category reflects mineralized material with a higher level of geological confidence, derived from drilling results and other studies.
  • Inferred Resources:
    • In addition to the indicated resources, there are 1.8 million tonnes of inferred resources, grading at 1.35% NiEq. While this category has lower geological certainty compared to indicated resources, it shows the considerable potential for further exploration and resource expansion.

In addition, Power Nickel has achieved several key milestones that underscore its strategic position in the industry. The company’s acquisition of an additional 30% stake in the Nisk Project, increasing its ownership to 80%, is a significant step towards its goal of developing Canada’s first carbon-neutral nickel mine. Additionally, Power Nickel’s Winter 2024 drill program revealed high-grade assay results, further validating the project’s potential.

These achievements not only demonstrate Power Nickel’s commitment to exploration and development but also highlight its capacity to contribute to the broader EV battery manufacturing industry.

Real-world Relevance

Power Nickel’s work has a direct impact on the EV industry and, by extension, on our everyday lives. The nickel sourced from projects like Nisk is a key component in lithium-ion batteries, which power electric vehicles and a wide range of portable electronic devices. This connection between nickel mining and green technology is a tangible example of how companies like Power Nickel are driving positive change in the world.

Moreover, the company’s commitment to carbon neutrality aligns with the broader sustainability goals that many industries are striving to achieve. As electric vehicles become more prevalent, the need for sustainable nickel sourcing will only grow, reinforcing Power Nickel’s relevance in this evolving landscape.

Looking Ahead with Power Nickel

Power Nickel’s forward-looking goals are closely tied to the optimistic industry forecast for the nickel sector. The company’s ongoing exploration and development efforts are set to continue throughout 2024 and 2025, with plans to bring the Nisk Project to a production decision. This ambitious approach reflects Power Nickel’s confidence in the project’s potential and its dedication to contributing to the growth of the nickel industry.

With the demand for nickel in EV battery manufacturing expected to soar, Power Nickel is well-positioned to capitalize on this trend. As the company moves forward, its focus on high-grade mineralization, sustainability, and exploration will play a crucial role in shaping its future success.

Conclusion

Power Nickel’s recent achievements and strategic trajectory make it a compelling participant in the nickel industry’s growth narrative. With the increasing demand for nickel in EV battery manufacturing, the company’s focus on high-grade projects and sustainable practices positions it as a key player in this dynamic industry. Power Nickel’s journey towards becoming a leading provider of nickel and multi-element mineralization is a story worth watching.

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Posted in 43-101's, AGORACOM Client Feature, AGORACOM Sector Spotlight, AGORACOM Small Cap Stocks For Investment, AGORACOM Traffic, All Recent Posts, Power Nickel | Comments Off on INDUSTRY BULLETIN – Power Nickel Believes Company Is One of The World’s Best Nickel Investment Opportunities

Lomiko Metals and Quebec Precious Metals report multiple 100 m+ intercepts and multiple 10%+ Cg Zones at La Loutre Flake Graphite Project $DNI.ca $CJC.ca $SRG.ca $NGC.ca $LLG.ca $GPH.ca $NOU.ca

Posted by AGORACOM at 8:21 AM on Tuesday, July 9th, 2019
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  • Results from the remaining 16 exploration diamond drill holes from the 2019 program at the Refractory Zone of the La Loutre graphite project
  • The strike length of the mineralization is estimated at 900 m in the NW-SE direction and is open in both directions.  A detailed interpretation of the results will be carried out to better estimate the thickness and strike length of the mineralized zone.
  • Next Step is to establish new resource estimate for the entire project including the 36 new drill holes completed since the 2016 resource estimate.

Vancouver, B.C. and Montreal, Que, July 09, 2019 (GLOBE NEWSWIRE) — Lomiko Metals Inc. (TSX-V:LMR, OTC:LMRMF, FSE:DH8C) (Lomiko  or the “Company”) and Quebec Precious Metals Corporation (TSX.V:CJC, FSE:YXEP, OTC-BB:CJCFF) (“QPM”) are pleased to announce the results from the remaining 16 exploration diamond drill holes received from the 2019 program (see Table 1 below, and Figure 1) at the Refractory Zone of the La Loutre graphite project (the  “Project”). A total of 21 holes were completed on the Refractory Zone for a total of 2,985 metres.  The Project is owned by Lomiko (80%) and QPM (20%).

 â€œLa Loutre has proven to be a large and high-grade area worthy of further investment.” stated A.  Paul Gill, CEO. “The only operating graphite mine in North America is the Imerys Graphite & Carbon at Lac-des-ÃŽles, 53 km northwest of La Loutre which reported Proven reserves of 5.2 M Tonnes at a grade of 7.42 % Cg in July 1988 before the start of production.” (reference: Potentiel de la minéralisation en graphite au Québec, N’Golo Togola, MERN, page 31, Conférence Québec Mines, November 24 2016).

Although the current focus is on the Refractory Zone, the Project was also subject of an independent technical report in accordance with NI 43-101 – Standards of Disclosure for Mineral Projects, prepared by B. Turcotte and G. Servelle of InnovExplo Inc. from Val-d’Or, Québec, and O. Peters, of AGP Mining Inc., dated March 24,  2016, filed for the Project’s Graphene-Battery Zone. The report presented a mineral resource estimate of 18.4 M Tonnes at a grade of 3.19% carbon flake graphite (“Cg”) in the Indicated category and 16.7 M Tonnes at 3.75% Cg in the Inferred category using a cut-off of 1.5% Cg.

The above-noted 2016 mineral resource does not include the current results or the intercepts from the Refractory Zone in 2016 which were as follows:

LL-16-01 – 7.74% Cg over 135.60 m including 16.81% Cg over 44.10 m

LL-16-02 – 17.08% Cg over 22.30 m and 14.80% Cg over 15.10 m

LL-16-03 – 14.56% Cg over 110.80 m

The next task is to complete a new resource estimate in compliance with NI 43-101 for the entire Project including the 36 new drill holes completed since the above-mentioned 2016 resource estimate.

Table 1: Results of the 21 drill holes of the 2019 drill program. The width is drill indicated core length. Insufficient data exists to determine true width at this time.

Hole ID # UTM E UTM N Azimuth Dip Mineralization Gp %
From(m) To(m) Interval (m)
LL-19-01 499426 5098072 66.7 -50 3.00 10.50 7.50 18.85
  109.50 213.00 103.50 9.89
Including: 109.50 177.00 67.50 13.89
LL-19-02 499364 5098071 62.1 -50 114.80 117.00 2.20 8.62
LL-19-03 499515 5097977 55.6 -50 43.90 174.00 130.10 3.73
Including: 106.50 162.90 56.40 4.97
LL-19-04* 499567 5098041 65.9 -50 3.00 93.00 90.00 2.75
LL-19-05 499562 5097944 56.3 -50 100.50 148.50 48.00 2.70
LL-19-06 499614 5097980 63.3 -50 5.50 30.00 24.50 6.81
  52.50 70.30 17.80 4.89
LL-19-07 499644 5098001 66.1 -50 6.00 84.00 78.00 2.31
LL-19-08 499630 5097931 57.3 -50 55.50 109.50 54.00 2.73
LL-19-09 499654 5097957 63.1 -50 27.60 86.50 58.90 8.05
  51.00 86.50 35.50 9.94
LL-19-10 499587 5097909 62.9 -50 102.00 108.00 6.00 3.54
LL-19-11 499687 5097903 75.1 -50 90.00 108.00 18.00 4.42
Including: 100.50 105.00 4.50 10.10
LL-19-12 499641 5097888 69.1 -50.00 93.00 124.50 31.50 1.26
LL-19-13 499669 5097837 56.8 -50 81.00 90.00 9.00 6.35
  106.50 136.50 30.00 1.19
LL-19-14* 499700 5097803 59.7 -50 80.70 99.00 18.30 4.43
LL-19-15*

 499751 5097832 64.8 -50 51.00 167.90 116.90 4.80
Including: 152.70 167.90 15.20 18.04
LL-19-16** 499851 5097829 66.5 -50 4.10 92.00 87.90 7.14
Including: 70.50 91.50 21.00 15.48
  132.00 160.50 28.50 3.86
LL-19-17* 499894 5097804 78.2 -50 15.00 62.30 47.30 7.56
Including: 51.00 62.30 11.30 17.45
  96.00 126.00 30.00 1.96
LL-19-18 499919 5097767 69.6 -50 3.00 36.20 33.20 3.50
  43.70 60.00 16.30 12.38
  69.80 72.00 2.20 12.38
LL-19-19 499792 5097791 63.2 -50 55.50 166.50 111.00 4.93
Including: 55.50 84.00 28.50 3.40
Including: 110.50 166.60 56.10 7.47
Including: 145.50 166.50 21.0 15.69
LL-19-20 499839 5097766 69.5 -50 34.30 40.50 6.20 4.07
  97.50 115.50 18.00 2.18
  118.30 124.10 5.80 16.00
LL-19-21 499857 5097726 52.9 -50 96.00 104.60 8.60 2.85

* Results announced in May 6, 2019 press release.

** Results announced in April 24, 2019 press release.

 On the basis of the available geophysical and 2016 drilling data, the strike length of the mineralization is estimated at 900 m in the NW-SE direction and is open in both directions.  A detailed interpretation of the results will be carried out to better estimate the thickness and strike length of the mineralized zone.

The Project consists of contiguous claim blocks totaling 29 km2 situated approximately 53 km NW of the Lac-des-Îles mine, formerly known as the Timcal mine, North America’s only operating graphite mine. It is accessible by driving NW from Montreal for a distance of approximately 170 kilometres.

 The 2019 exploration program is managed by Consul-Teck Exploration Minière Inc. (“Consul- Teck”) of Val-d’Or, Quebec, who designed the drilling campaign, supervised the program and logged and sampled the core.

Quality Assurance/Quality Control

Consul-Teck implemented QA/QC procedures to ensure best practices in sampling and analysis of the core samples. The drill core was logged and then split, with one half sent for assay and the other retained in the core box as a witness sample. Duplicates and blanks were inserted at a regular interval into the sample stream.

 The samples in secure tagged bags were delivered directly to the analytical facility for analysis. In this case, the analytical facility was the ALS Minerals laboratory facility in Val-d’Or, Quebec. The  samples are weighed and identified prior to sample preparation. The samples are crushed to 70% minus 2 mm, then separated and pulverized to 85% passing 75µm. All samples are analyzed for Cg using the C-IR18 method.

 Qualified Person

Jean-Sébastien Lavallée (OGQ #773), Geologist, is a shareholder of both companies, VP  Exploration of QPM and a Qualified Person under NI 43-101, has reviewed and approved the technical content of this release.

 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

Attachments 

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

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Posted in 43-101's, Graphite, Lomiko Metals | Comments Off on Lomiko Metals and Quebec Precious Metals report multiple 100 m+ intercepts and multiple 10%+ Cg Zones at La Loutre Flake Graphite Project $DNI.ca $CJC.ca $SRG.ca $NGC.ca $LLG.ca $GPH.ca $NOU.ca

CardioComm Solutions’ $EKG.ca HeartCheck(TM) Device Enters Final FDA Review Phase

Posted by AGORACOM-JC at 9:45 AM on Tuesday, January 29th, 2019

HeartCheck(TM) CardiBeat and GEMS(TM) Mobile review results expected in late February

  • Completed a request for additional information from the US Food and Drug Administration for the Company’s premarket notification 510(k), Class II medical device clearance application for the HeartCheck™ CardiBeat and GEMS™ Mobile Application.

Toronto, Ontario–(January 29, 2019) – CardioComm Solutions, Inc. (TSXV: EKG) (“CardioComm” or the “Company“), a leading global provider of consumer heart monitoring and electrocardiogram (“ECG“) acquisition and management software solutions, confirms it has completed a request for additional information from the US Food and Drug Administration (“FDA“) for the Company’s premarket notification 510(k), Class II medical device clearance application for the HeartCheck™ CardiBeat and GEMS™ Mobile Application.

The Company had submitted a letter of revocation of their supplementary information submission on December 26, 2018 in compliance with the FDA’s directive. The Company has now provided the FDA a restatement of their response for additional information as of January 23, 2019, which the FDA has confirmed received. The FDA will now have 31 days to complete the 510(k) review of CardioComm’s restated submission.

To learn more about CardioComm’s products and for further updates regarding HeartCheck™ ECG device integrations please visit the Company’s websites at www.cardiocommsolutions.com and www.theheartcheck.com.

About CardioComm Solutions

CardioComm Solutions’ patented and proprietary technology is used in products for recording, viewing, analyzing and storing electrocardiograms for diagnosis and management of cardiac patients. Products are sold worldwide through a combination of an external distribution network and a North American-based sales team. CardioComm Solutions has earned the ISO 13485:2016 certification, is HIPAA compliant and holds clearances from the European Union (CE Mark), the USA (FDA) and Canada (Health Canada).

FOR FURTHER INFORMATION PLEASE CONTACT:
Etienne Grima, Chief Executive Officer
1-877-977-9425 x227
[email protected]
[email protected]

Forward-looking statements

This release may contain certain forward-looking statements and forward-looking information with respect to the financial condition, results of operations and business of CardioComm Solutions and certain of the plans and objectives of CardioComm Solutions with respect to these items. Such statements and information reflect management’s current beliefs and are based on information currently available to management. By their nature, forward-looking statements and forward-looking information involve risk and uncertainty because they relate to events and depend on circumstances that will occur in the future and there are many factors that could cause actual results and developments to differ materially from those expressed or implied by these forward-looking statements and forward-looking information.

In evaluating these statements, readers should not place undue reliance on forward-looking statements and forward-looking information. The Company does not assume any obligation to update the forward-looking statements and forward-looking information contained in this release other than as required by applicable laws, including without limitation, Section 5.8(2) of National Instrument 51-102 (Continuous Disclosure Obligations).

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

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/42519

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AGORACOM Small-Cap Wire: PFN Capital 43-101 = 2.5M Ozs Platinum, Palladium, Gold; Mistago Gold Results; Toronto Graphite Conference

Posted by AGORACOM at 1:30 AM on Tuesday, May 1st, 2012

AGORACOM WIRE – TUESDAY MAY 1ST

11:00 AM EST …. BREAKING …..


PFN Capital Announces 2.5M ounces Platinum, Palladium, Gold Read More  *CLIENT

  • Measured and Indicated increased by >400%
  • Inferred mineral resources have increased by >1000%

TOP STORIES

Mistango River Resources Drills 94m of 0.946 g/t Gold Read More  *SPONSOR

TORONTO GRAPHITE CONFERENCE (Tomorrow 2:30 – 6:00)

WHY ATTEND:

  • Sponsored By AGORACOM
  • Great Speakers
  • Great Presenting Companies
  • All In Just 4 Hours – And It’s Free

AGORACOM Sponsors Presenting

Why Graphite is the High Tech Commodity of the Future Read More

NEW HUB LAUNCHED!! DISCHINO has launched the SEFE Inc. HUB

 

Posted in 43-101's, Focus Metals, Graphite, Lomiko Metals, Mistango River Resources, Pacific North West Capital, Palladium, Platinum, Strike Graphite | Comments Off on AGORACOM Small-Cap Wire: PFN Capital 43-101 = 2.5M Ozs Platinum, Palladium, Gold; Mistago Gold Results; Toronto Graphite Conference

AGORACOM WIRE – New Chief At Strike Graphite + The 10 Best Small-Cap Press Releases Of The Day

Posted by AGORACOM at 9:17 AM on Monday, April 2nd, 2012


TOP STORY ….

Strike Graphite Appoints Chief Executive Officer *CLIENT* Read More

TODAY’S SMALL-CAP NEWS ….

 OUR BIGGEST AGORACOM SMALL CAP TV EPISODE EVER!!

  • 11 Stories - Read Their Summaries Here
  • Freegold Intersects 1.19 g/t Gold over 132.7 metres Read More
  • Passport Potash Announces New NI 43-101 CompliantMineral Resource of 125.6 Million Tonnes Read More
  • Kaminak Reports 90.4% Gold Recoveries From Simulated Heap Leach Testing Read More
  • VMS Ventures: Reed Copper Project Positive Pre-Feasibility Study Completed Read More
  • BYT-ON – World’s first graphene-based processor (graphene-based FPGAs to follow) Read More

OUR GRAPHITE SPONSORS SUPPORT CLEAN TALK !



 

 

Posted in 43-101's, AGORACOM Wire, Focus Metals, Graphite, Lomiko Metals, Strike Graphite | Comments Off on AGORACOM WIRE – New Chief At Strike Graphite + The 10 Best Small-Cap Press Releases Of The Day

Strike Graphite Appoints Chief Executive Officer

Posted by AGORACOM-JC at 8:51 AM on Monday, April 2nd, 2012

VANCOUVER, BRITISH COLUMBIA–(April 2, 2012) – Strike Graphite Corp. (TSX VENTURE:SRK) (the “Company”) is pleased to announce the appointment of Blair Way as Chief Executive Officer.

Blair Way is a seasoned management professional with a career spanning over 25 years within the precious metals, petroleum exploration and development, and mining construction sectors throughout Australia, Asia, Canada, the United States and the United Kingdom. In the past several years, Mr. Way has demonstrated success in building and managing teams through to achieving either a major resource milestone or advancing development projects into production.

Mr. Way’s recent career path is highlighted as follows:

Most recently – VP Project Development for Ventana Gold (Vancouver), advancing projects in Colombia and recently acquired by Brazilian billionaire Eike Batista for $1.4 billion.

Just prior – President and Project Director, Oceanagold Philippines, overseeing the construction of the Didipio gold copper project.

As well as – Project Manager Non Ferrous Group with Hatch Associates (Brisbane), providing project management support for various mining and metal related projects in Australia, South Africa, China, Papua New Guinea and South East Asia.

Earlier – Project Director for BHP’s Major Projects division (QNI Pty Ltd) in Townsville, Queensland.

Mr. Way holds a Bachelor of Science (Petroleum Geology) from Acadia University in Nova Scotia, Canada, as well as a Masters of Business Administration from the University of Queensland, Australia.

Blair Way remarks about his appointment, “While it is very satisfying to be coming off some success by being part of the Ventana team during a take-over, it is now very gratifying at this point in my career to secure a key role within a commodity sector which I am certain is poised for explosive growth in these coming years. I’m delighted to be part of it and looking forward to applying my skills and experience in a Company with such great potential.”

Geoff Balderson, who will remain as President, remarks on the appointment, “We’re very pleased to have Blair come on board with us. The Company is committed to assembling a first class executive and management team in the graphite space, a team with the ability to build and manage projects through the development to PEA stage and through the joint venture and acquisition process. Blair Way is qualified to lead this team and advance the Company rapidly for the benefit of all shareholders.”

About the Company:

Strike Graphite Corp. is a progressive exploration company with seasoned management targeting strategic assets on a global scale. In addition to aggressively advancing its graphite properties in north eastern Saskatchewan toward the goal of achieving a compliant 43-101 resource by Q4, 2012, the Company is also advancing the Satterly Lake gold project in north western Ontario, located just west of Gold Canyon Resources Inc.

On behalf of the Board of Directors,

Geoff Balderson, President

For more information on the above or to view the Company’s Corporate Presentation on its Graphite assets and opportunity, please visit the Company’s website at www.strikegraphite.com.

We seek safe harbor.

FOR FURTHER INFORMATION PLEASE CONTACT:

Geoff Balderson
Strike Graphite Corp.
President
604.669.9330
604.669.9335 (FAX)
[email protected]
www.strikegraphite.com

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

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Posted in 43-101's, Graphite, Strike Graphite | Comments Off on Strike Graphite Appoints Chief Executive Officer

Meet PFN Capital Corp. Management Team at 2012 PDAC – Booth 2129

Posted by AGORACOM-JC at 12:19 PM on Thursday, March 1st, 2012

     PACIFIC NORTH WEST CAPITAL CORP. – (PFN:TSX)

One of North America’s newest and largest primary platinum group metals deposits, located in the well established mining community of Sudbury, Ontario

  • M&I resource of 733,000 oz Pd, 245,100 oz Pt, and 43,600 oz Au
  • $5 million, 15,500 m Multi Phase drill program at River Valley ongoing, completion Winter 2012 —Exploration upside 9 km strike horizon open at depth, possible parallel structures

About Pacific North West Capital

  • Pacific North West Capital is a mineral exploration company focused on the exploration and development of platinum group metals (PGM’s), precious and base metals
  • The corporate philosophy is to be a project generator, explorer and operator with the objective to option or joint venture our mineral projects with major mining companies.
  • Focus for 2012 is to advance the company’s flagship project, the River Valley deposit and maintain our aggressive search for new assets and viable exploration programs

Well Positioned For Success

  • Ability to share resources, costs, and expertise as a member of the International Metals Group
  • Emerging market demand and rising prices for PGM
  • Extensive resource sector experience among management and Board of Directors
  • Significant shareholder of Fire River Gold (TSX.V: FAU) & Next Gen Metals (TSX.V:N)

 

Pacific North West Capital belongs to the International Metals Group. Here are our other great companies.

Posted in 43-101's, AGORACOM Client Feature, Pacific North West Capital, PGM Metals | Comments Off on Meet PFN Capital Corp. Management Team at 2012 PDAC – Booth 2129

Dr. Bill Stone Discusses Completion of First Component of Environmental Baseline Study

Posted by AGORACOM-JC at 4:58 PM on Friday, February 24th, 2012

                               PACIFIC NORTH WEST CAPITAL CORP.

                                                           (PFN:TSX)

One of North America’s newest and largest primary platinum group metals deposits, located in the well established mining community of Sudbury, Ontario

  • M&I resource of 733,000 oz Pd, 245,100 oz Pt, and 43,600 oz Au
  • $5 million, 15,500 m Multi Phase drill program at River Valley ongoing, completion Winter 2012 —Exploration upside 9 km strike horizon open at depth, possible parallel structures

About Pacific North West Capital

  • Pacific North West Capital is a mineral exploration company focused on the exploration and development of platinum group metals (PGM’s), precious and base metals
  • The corporate philosophy is to be a project generator, explorer and operator with the objective to option or joint venture our mineral projects with major mining companies.
  • Focus for 2012 is to advance the company’s flagship project, the River Valley deposit and maintain our aggressive search for new assets and viable exploration programs

Click on image below to listen to Interview

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Posted in 43-101's, AGORACOM Client Feature, AGORACOM In The Press, All Recent Posts, Pacific North West Capital, PGM Metals | Comments Off on Dr. Bill Stone Discusses Completion of First Component of Environmental Baseline Study

Fire River Gold – Press Release Of The Week – 28.8 g/t (0.84 opt) gold over 13.7 m (44.9 ft)

Posted by AGORACOM at 1:15 AM on Friday, March 18th, 2011

The Japan disaster overshadowed any and all other news in the world on Monday and Tuesday, including Libya and Bahrain, so it was pretty easy to miss press releases coming out of TSX Venture companies.

One of those press releases came out of Fire River Gold (FAU:TSXV) (FVGCF:OTCQX) (FWR:FSE) and it was simply spectacular.  In fact, it is the press release of the week.  Here are the headline numbers, followed by the press release:

• 28.8 g/t (0.84 opt) gold over 13.7 m (44.9 ft) in hole N10U-038

o including 96.1 g/t (2.80 opt) gold over 0.9 m (2.9 ft)

o including 118.5 g/t (3.46 opt) gold plus 2.8% copper over 1.3 m (4.3 ft) at 3300 Zone

• 202.7 g/t (5.91 opt) Gold Over 1.0 m (3.6 ft) in hole N10U-040

o 8.6 g/t (0.25 opt) over 1.5 m (4.9 ft)

These results came out of the Company’s Nixon Fork Gold Mine In Alaska, which was acquired in September 2009.  From 1995 – 2007, the project produced approximately 175,000 ounces of gold at an average grade of 39 grams per ton (1.14 opt).

GOLD PRODUCTION COMMENCING

As if the numbers on their own weren’t good enough, the company has announced that gold production is commencing in the summer of 2011 with a 200 tpd Mill and operating expenditures of $447/oz GOLD.

FULL PRESS RELEASE

March 14, 2011 Vancouver, Canada – Fire River Gold Corp (TSXV: FAU) (OTCQX: FVGCF) (FSE: FWR) (“FAU” or the “Company”) is pleased to announce results obtained from the 2010 28,000 metre drill program at the Nixon Fork Gold Mine situated in Alaska’s Tintina Gold Belt. The Company has received assay results of holes 36 through 40 (N10U-036 – N10U-040) from the lower extension 3000 and 3300 Zones.

New significant intercepts include N10U-038 returning grades of 28.8 g/t (0.84 opt) gold over 13.7 m (44.9 ft), including 96.1 g/t (2.80 opt) over 0.9 m (2.9 ft) and including 118.5 g/t (3.46 opt) over 1.3 m (4.3 ft) at lower extension 3300 Zone and intercept N10U-040 returning grades of 202.7 g/t (5.91 opt) Gold Over 1.0 m (3.6 ft) at lower extension 3000 Zone. A complete list of significant intercepts is provided in Table 1. The widths of the intercepts are approximate to the true width of the mineralized intercept.

The Company is once again encouraged with the results from the 2010 drill program, because it is exhibiting the potential to provide additional resources to the mill. Drill results are being used to guide the six-month operating plan for the mine start up.

All core from the 2010 program was logged at the Nixon Fork Mine camp. The core was then sawn in half, and half of the sample shipped to ALS Minerals, a certified analytical laboratory located in Reno Nevada and a subsidiary of ALS Laboratory Group.

Nixon Fork Gold Mine

The Nixon Fork Gold Mine was acquired in September 2009.  From 1995 – 2007, the project produced approximately 175,000 ounces of gold at an average grade of 39 grams per ton (1.14 opt). The mining and processing facilities at Nixon Fork are permitted and bonded. The deposit is a gold-rich copper silver skarn typical of other skarn systems found throughout the world. At Nixon Fork, the higher grades are found in steeply plunging pipe-like bodies which are oxidized to depths of up to 350 meters below the surface. Oxidization of the system has resulted both in secondary copper and gold, with high grades and a “nuggety” distribution.

The Qualified Person for this news release is Richard Goodwin, P.Eng, President & C.O.O for Fire River Gold.

About Fire River Gold Corp.

Fire River Gold Corp. is a near term production company with an experienced technical team focused on bringing its flagship project, the Nixon Fork Gold Mine, back into production in 2011. The Nixon Fork Gold Mine is a permitted and bonded mine which include a ~200 tpd processing plant with a gravity gold circuit, sulphide flotation circuit and a gold recovery system (CIL circuit) that is scheduled to be completed by Summer 2011. The mine also includes a fleet of surface & underground mining vehicles, a self-contained power plant, maintenance facilities, drilling equipment, an 85 person camp, office facilities and a 1.2 km long landing strip.

Fire River Gold Corp is a member of the International Metals Group.

On behalf of the Board of Directors, I look forward to keeping you updated with our corporate developments.

Richard Goodwin

President & C.O.O

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I’m Digging Glen Eagle Resources 43-101 (Lithium) and Market Cap

Posted by AGORACOM at 10:52 AM on Tuesday, February 15th, 2011

Good morning to you all. This isn’t the full press release, just my highlights for today’s AGORACOM Small-Cap TV. I like the numbers, the location and the fact it has a market cap < $10M. Haven’t bought in yet but taking a close look. If you have any thoughts, let me know.

Glen Eagle Resources Inc.: New Authier Lithium NI 43-101 Compliant Resource Estimate 40% Above Historic

Glen Eagle Resources Inc. (TSX VENTURE:GER)

announce a new NI 43-101 compliant mineral resource estimate for the Authier Lithium Property. The mineral resource estimate, using a base case cut-off grade of 0.8% Li2O, totals 4,167,000 tonnes grading 1.04% Li2O in the indicated resource category with an additional 2,290,000 tonnes grading 1.00% Li2O in the inferred resource category.

It is an important milestone for the Company to have a NI 43-101 compliant resource estimate for the Authier Lithium Property which is strategically located 45 km NW of Val d’Or in the Province of Quebec. It confirms an approximately 40% increase over the historic resource estimate when converted into metric tonnes.

Glen Eagle has 100% interest in the Authier lithium deposit in Lamothe, Quebec, 45 km NW of Val D’or and nearby Canada Lithium.

Last Sale: 0.33 52 Week Range: 0.09 – 0.34 Market Cap: 8.72M

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