Agoracom Blog Home
Archive for the ‘Featured’ Category
INTERVIEW: $HPQ.ca Discusses Delivery of Gen3 PUREVAP™ QRR Furnace at #PyroGenesis $PYR.ca Plant; Assembly Phase of Pilot Equipment Starting
Posted by
at 10:17 AM on Friday, September 14th, 2018
$NSM.ca Northern Sphere Mining Corp. Announces Purchase of the Scadding and Arizona Interests from Joint Venture Partner $FCX
Posted by
at 9:42 AM on Friday, September 14th, 2018
- Acquired remaining 20% ownership in Scadding and Black Diamond
- NSM now controls 100% of each property making them each more attractive for investment
- NSM has complete control over both projects
- Black Diamond in Arizona site of exceptional multi-element soil geochemisty results
Toronto, Ontario–(Newsfile Corp. – September 14, 2018) – Northern Sphere Mining Corp. (CSE: NSM) (OTCQB: NSMCF)Â (“Northern Sphere” or the “Company”) is pleased to announce that it has acquired for nominal consideration Trueclaim Exploration Inc.’s (TSXV: TRM) remaining 20% interest in the joint ventures for the mineral property located in Scadding, Ontario and in Globe, Arizona.
“This is a meaningful acquisition for Northern Sphere. We believe that the projects at our Scadding and Arizona properties have a great deal of potential,” says A. John Carter, Chief Executive Officer of Northern Sphere. “As a result of this acquisition, we now have complete control over these projects and we are better positioned to move them forward.”
About Northern Sphere Mining Corp.
Northern Sphere is dedicated to growth through the acquisition and development of mining assets with an emphasis on gold, silver and copper. In efforts to expedite and optimize mineral targeting on its assets, the Company is employing cutting-edge exploration technologies to generate robust mining projects. Headquartered in Toronto, Ontario, Northern Sphere has a strong project pipeline of properties with a focus on gold, silver and other metal production in pro-mining jurisdictions.
Cautionary Statements
This press release contains forward-looking statements which reflect Northern Sphere’s current expectations regarding future events. The forward-looking statements involve risks and uncertainties. Actual results could differ materially from those projected herein. Northern Sphere disclaims any obligation to update these forward-looking statements other than as required by applicable securities laws.
For further information, please contact:
A. John Carter
Chief Executive Officer
Northern Sphere Mining Corp.
Tel: 905-302-3843
American Creek $AMK.ca Reports on JV Partner $Tudor Gold’s News of Potential Quantity and Grade of Gold Mineralization (1.8 – 1.9 Million Ounces @ 1.12 – 1.35 G/t) at the Treaty Creek Project in BC’s Golden Triangle $SEA $SA $SKE.ca $TUD.ca $PVG $MRO.ca
Posted by
at 12:40 PM on Thursday, September 13th, 2018
- Tudor has determined the potential quantity and grade ranges for gold mineralization encountered up to the completion of its 2017 drill program on the Copper Belle zone
- Tudor Gold believes that exploration of the Copper Belle zone up to the end of 2017 has indicated the potential for 1.8 to 1.9 million ounces of gold contained within 50 to 45 million tonnes grading 1.12 to 1.35 g/t Au
- Based on previous exploration results, including 57 current and historic drill holes totaling 22,974 m
Cardston, Alberta–(September 13, 2018) - American Creek Resources Ltd (TSXV: AMK) (“the Company”) is pleased to report on results from Tudor Gold’s exploration at the Treaty Creek project located adjacent to Seabridge Gold’s KSM in BC’s Golden Triangle. Tudor has determined the potential quantity and grade ranges for gold mineralization encountered up to the completion of its 2017 drill program on the Copper Belle zone. Drilling is continuing in 2018 with the aim of increasing the known area of gold mineralization at Copper Belle by the end of this field season.
Tudor Gold believes that exploration of the Copper Belle zone up to the end of 2017 has indicated the potential for 1.8 to 1.9 million ounces of gold contained within 50 to 45 million tonnes grading 1.12 to 1.35 g/t Au. This is based on previous exploration results, including 57 current and historic drill holes totaling 22,974 m. Thirty of the holes (15,424 m) were drilled by Tudor Gold in 2016 and 2017, with 27 holes (7550 m) completed by others in 2007 and 2009. Drill holes are generally spaced 50 to 100 meters apart. The exploration target potential was derived by modelling zones of gold-bearing porphyry style veining and alteration, including quartz-sericite-pyrite and potassic alteration, within a surrounding propylitic “halo”, on vertical cross sections and long sections through the Copper Belle zone. The ranges are based on drill results that define the approximate length, thickness, depth and grade of the Copper Belle zone.
The volumes of the areas modelled on sections have determined the potential tonnage range, whereas the grade range is based on drill results within the modelled exploration target area up to the end of 2017, and on nearest neighbour and inverse distance estimates, within an interpreted 0.3 g/t Au grade shell. The potential tonnages and grades are conceptual in nature, there has been insufficient exploration to define a current mineral resource and it is uncertain if further exploration will result in the delineation of a current mineral resource.
Walter Storm, President and CEO, stated:Â “We are extremely pleased with the indications for the Copper Belle zone to potentially host between 1.8 and 1.9 million ounces of gold and are looking forward to continued positive results from the 2018 drilling program that we are confident will significantly increase the known extent of the mineralized area at Copper Belle. The 2018 drilling program entails part of the company’s plan to work towards preparation of a mineral resource.”
The Copper Belle zone has been traced by drilling for over one kilometer in length and has been outlined over widths ranging from 250 to 550 meters, with vertical extents of mineralization from 300 to 500 meters. The Copper Belle zone is separated into North and South zones by a post-mineral fault, with indications of thicker mineralized intervals in the North zone (see Figure 1). Drilling in 2018 is focusing on expanding the area of known mineralization in the North zone. Results from the first two holes of the 2018 program were reported in a news release dated Aug 24, 2018. The sixth hole of the season has recently completed and results from more of the new holes are expected within the coming weeks.
Figure 1: 3D Isometric of the Copper Belle Zone showing Drill Holes and the Area of 2018 Drilling
To view an enhanced version of Figure 1, please visit:Â
http://orders.newsfilecorp.com/files/682/38648_a1536853163300_4.jpg
Tudor Gold and previous operators of the Treaty Creek property have maintained a quality control and quality assurance program where analytical accuracy and precision are monitored by the submission of blanks, certified standards and duplicate samples inserted at regular intervals into the sample stream.
Qualified Person
The Qualified Person for the Treaty Creek results in this new release is James A. McCrea, P.Geo., for the purposes of National Instrument 43-101. 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 holds 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 (Walter Storm) as well as the 100% owned past producing Dunwell Mine.
The Company 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 Company is available on its website at www.americancreek.com.
Cautionary Statements regarding Forward-Looking Information
Certain statements contained in this press release constitute forward-looking information. These statements relate to future events or future performance. The use of any of the words “could”, “intend”, “expect”, “believe”, “will”, “projected”, “estimated” and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on the Company’s current belief or assumptions as to the outcome and timing of such future events. Actual future results may differ materially.Â
All statements other than statements of historical fact included in this release, including, without limitation, statements regarding potential mineralization and geological merits of the Treaty Creek Project and other future plans, objectives or expectations of the Company are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Forward-looking statements are based on a number of material factors and assumptions. Important factors that could cause actual results to differ materially from Company‘s expectations include actual exploration results, changes in project parameters as plans continue to be refined, results of future resource estimates, future metal prices, availability of capital and financing on acceptable terms, general economic, market or business conditions, uninsured risks, regulatory changes, defects in title, availability of personnel, materials and equipment on a timely basis, accidents or equipment breakdowns, delays in receiving government approvals, unanticipated environmental impacts on operations and costs to remedy same, and other exploration or other risks detailed herein and from time to time in the filings made by the Company with securities regulators. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ from those described in forward-looking statements, there may be other factors that cause such actions, events or results to differ materially from those anticipated. There can be no assurance that forward-looking statements will prove to be accurate and accordingly readers are cautioned not to place undue reliance on forward-looking statements.
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.
Delivery of $HPQ.ca Gen3 PUREVAP™ QRR Furnace at PyroGenesis $PYR.ca Plant; Assembly Phase of Pilot Equipment Starting
Posted by
at 8:23 AM on Thursday, September 13th, 2018
- PyroGenesis Canada Inc has taken delivery of the Gen3 PUREVAPTM “Quartz Reduction Reactor†(“QRRâ€) furnace, a key component of the pilot equipmen
- Furthermore, HPQ has made another milestone payment of $561,600 to PyroGenesis. Â Since August 2016, HPQ has invested $3,988,400 for the pilot equipment, representing 90% of the $4,430,000 design, fabrication and assembly budget
MONTREAL, Sept. 13, 2018 – HPQ Silicon Resources Inc (“HPQâ€) (TSX VENTURE:HPQ) (FRANKFURT:UGE) (OTC PINK:URAGF) is pleased to inform shareholders that PyroGenesis Canada Inc (PyroGenesis) (TSX Venture: PYR) has taken delivery of the Gen3 PUREVAPTM “Quartz Reduction Reactor†(“QRRâ€) furnace, a key component of the pilot equipment. Furthermore, HPQ has made another milestone payment of $561,600 to PyroGenesis.  Since August 2016, HPQ has invested $3,988,400 for the pilot equipment, representing 90% of the $4,430,000 design, fabrication and assembly budget. Delivery of the furnace marks the start of the assembly phase of the Pilot Plant in an HPQ – dedicated area at the production facility of PyroGenesis in Montréal.  The Pilot Plant assembly will be completed during Q1 2019, commissioned during Q2 2019 and operational mid – 2019, only 3 years after the original concept was validated.
VALIDATING COMMERCIAL SCALABILITY OF INNOVATION REQUIRES FOCUS AND FLEXIBILITY
The Pilot Plant will have an output capacity of 50 tonnes per year, or ~ 1,000 kg of material per week. Â This step in the program is the single largest scaling up step and, once successful, will pave the way for the order of HPQ first commercial production unit, planned for 2020.
Using the data generated by the Gen2 PUREVAPTM tests and Apollon Solar technical knowhow, HPQ and PyroGenesis will continue to look for ways of optimizing our approach of validating the commercial scalability of the process while mitigating the technical and commercial risks associated with the project.
Bernard J. Tourillon, Chairman, President and CEO of HPQ Silicon stated, “We are very excited to move to this final stage of the PUREVAP™ QRR testing program.  Now that we have closed all necessary financings, we can focus efforts on the process improvements, scalability, seeking customers, and preparing for commercialization. With these financings closed, our objective going forward will be delivering on the Gen3 PUREVAP™ Pilot Plant phase with our “Solar Silicon Team†as well as building market awareness of our progress, plans and success.â€
This Press Release Is Available On The Company’s CEO Verified Discussion Forum, A Moderated Social Media Platform That Enables Civilized Discussion and Q&A’s Between Management and Shareholders.  https://agoracom.com/ir/HPQ-SiliconResources/forums/discussion
About HPQ Silicon
HPQ Silicon Resources Inc. is a TSX-V listed resource company planning to become a vertically integrated and diversified High Purity, Solar Grade Silicon Metal (SoG Si) producer and a manufacturer of multi and monocrystalline solar cells of the P and N types, required for production of high performance photovoltaic conversion.
HPQ’s goal is to develop, in collaboration with industry leaders, PyroGenesis (TSX-V: PYR) and Apollon Solar, that are experts in their fields of interest, the innovative metallurgical PUREVAPTM “Quartz Reduction Reactors (QRR)†process (patent pending), which will permit the transformation and purification of quartz (SiO2) into high purity silicon metal (Si) in one step and reduce by a factor of at least two-thirds (2/3) the steps required to transform quartz (SiO2) into SoG Si. The pilot plant equipment that will validate the commercial potential of the process is on schedule to start mid-2019.
Disclaimers:
This press release contains certain forward-looking statements, including, without limitation, statements containing the words “may”, “plan”, “will”, “estimate”, “continue”, “anticipate”, “intend”, “expect”, “in the process” and other similar expressions which constitute “forward-looking information” within the meaning of applicable securities laws. Forward-looking statements reflect the Company’s current expectation and assumptions, and are subject to a number of risks and uncertainties that could cause actual results to differ materially from those anticipated. These forward-looking statements involve risks and uncertainties including, but not limited to, our expectations regarding the acceptance of our products by the market, our strategy to develop new products and enhance the capabilities of existing products, our strategy with respect to research and development, the impact of competitive products and pricing, new product development, and uncertainties related to the regulatory approval process. Such statements reflect the current views of the Company with respect to future events and are subject to certain risks and uncertainties and other risks detailed from time-to-time in the Company’s on-going filings with the securities regulatory authorities, which filings can be found at www.sedar.com. Actual results, events, and performance may differ materially. Readers are cautioned not to place undue reliance on these forward-looking statements. The Company undertakes no obligation to publicly update or revise any forward-looking statements either as a result of new information, future events or otherwise, except as required by applicable securities laws. 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.
For further information contact
Bernard J. Tourillon, Chairman, President and CEO Tel (514) 907-1011
Patrick Levasseur, COO Tel: (514) 262-9239
www.HPQSilicon.com
Shares outstanding: 222, 284,053Â
$NSM.ca Northern Sphere Mining Corp. announces Arizona Gold Processing Agreement with New Ruby Mining Corp.
Posted by
at 8:40 AM on Tuesday, September 11th, 2018
- Entered into a gold processing agreement with New Ruby Mining Corp.
- The initial production run of gold mineralized material is scheduled to occur during the fourth quarter of 2018.
- NSM will make payment to New Ruby for the gold mineralized material based on a 50/50 net profit share arrangement.
Toronto, Ontario–(Newsfile Corp. – September 11, 2018) – Northern Sphere Mining Corp. (CSE: NSM) (OTCQB: NSMCF) (“NSM” or the “Company”) is pleased to announce it has entered into a gold processing agreement with New Ruby Mining Corp. (“New Ruby”) pursuant to which the Company has agreed to process up to 100 tons per day of high grade gold mineralized material from New Ruby’s Houdon/Ellison gold property (the “Property”), located 80 miles north of NSM’s Globe Arizona production facility.
The processing by NSM will consist of crushing, grinding, screening, gravity concentration and pouring of gold dore bars. New Ruby has agreed to deliver the gold mineralized material to the NSM production facility in batches. The Company will store the mineralized material until sufficient tonnage is received for a production run. Tailings will be returned to the Property as backhaul loads as milling is completed. Gold dore bars will be sold by NSM directly to the refinery.
NSM will provide all of the management and accounting support in connection with these arrangements, including the collection of payment for the sale of gold dore bars. Following receipt of payment on the sale of gold dore bars, NSM will make payment to New Ruby for the gold mineralized material based on a 50/50 net profit share arrangement.
The initial production run of gold mineralized material is scheduled to occur during the fourth quarter of 2018. Metallurgical testing will commence immediately upon receipt of a 500 lbs sample of gold mineralized material from New Ruby. NSM’s production facility includes full gravity processing, an assay facility, maintenance shop and office.
“We are pleased that the Company will be in position to start generating revenue that will be used to advance our other assets,” stated A. John Carter, Chief Executive Officer. “Specifically, we will be focusing on our copper/silver/gold/manganese anomaly in Arizona (approximately 3 miles from the Buckeye Mine) and our gold/copper/cobalt/platinum group metals property in Northern Ontario.”
About Northern Sphere Mining Corp.
Northern Sphere is dedicated to growth through the acquisition and development of mining assets with an emphasis on gold, silver and copper. In efforts to expedite and optimize mineral targeting on its assets, the Company is employing cutting-edge exploration technologies to generate robust mining projects. Headquartered in Toronto, Ontario, Northern Sphere has a strong project pipeline of properties with a focus on gold, silver and other metal production in pro-mining jurisdictions.
Cautionary Statements
This press release contains forward-looking statements which reflect Northern Sphere’s current expectations regarding future events. The forward-looking statements involve risks and uncertainties. Actual results could differ materially from those projected herein. Northern Sphere disclaims any obligation to update these forward-looking statements other than as required by applicable securities laws.
For further information, please contact:
A. John Carter
Chief Executive Officer
Northern Sphere Mining Corp.
Tel: 905-302-3843
$LAB.ca Labrador Gold Announces Preliminary Results from Hopedale $MOZ.ca $ANX.ca $GR.ca
Posted by
at 4:01 PM on Monday, September 10th, 2018
- Preliminary results from the first phase of detailed gold exploration in the Florence Lake greenstone belt (FLGB)
- 7,783 soil samples were taken on 12 grids at a 100m line spacing and 25m sample spacing in the southern portion of the FLGB
- Results of arsenic XRF analyses are used to focus exploration for potential gold-rich zones.
VANCOUVER, British Columbia, Sept. 10, 2018 — Labrador Gold Corp. (TSX-V: LAB) (“Labrador Gold†or the “Companyâ€) is pleased to announce preliminary results from the first phase of detailed gold exploration in the Florence Lake greenstone belt (FLGB). The company controls a 50 kilometre strike length of stratigraphy prospective for gold in the belt. The exploration program at Florence Lake followed up on successful results of 2017 and included detailed soil sampling, geological mapping, rock sampling and prospecting along the length of the belt.
A total of 7,783 soil samples were taken on 12 grids at a 100m line spacing and 25m sample spacing in the southern portion of the FLGB. All soils were dried for three days and analyzed by field portable XRF for multiple elements. Results show anomalous arsenic values in eight of the twelve grids with significant arsenic anomalies extending over 3.3km long by 800m wide and 1.5km long by 300m wide on the Misery grid and over 4.1km long by 600m wide on the Jasmine grid (see figures at www.labradorgold.com/Hopedale).
Given the good correlation of gold and arsenic anomalies shown by results of soil sampling during 2017, and the use of arsenic as a pathfinder for gold in greenstone belts, the results of arsenic XRF analyses are used to focus exploration for potential gold-rich zones.
The company is currently using an innovative technique, suggested by Technical Advisor Shawn Ryan, to follow up the soil anomalies. Geologists use a hand-held impact drill to drill 4 to 5 inch holes in outcrop in the anomalous area, collect the rock powder created and analyze it with the XRF while in the field. Use of a more homogeneous rock powder sample for XRF analysis than a simple rock chip allows for rapid in field assessment of the outcrops and further targets zones with potential for gold mineralization. Outcrops tested in this manner have shown arsenic anomalies on both the Jasmine and Misery grids (see figures at www.labradorgold.com/Hopedale).
Arsenic anomalies in soil and drill powder on the Misery grid coincide with a strong quartz carbonate alteration zone extending for more than 2km along strike. Anomalies on the Jasmine grid cover mafic volcanic rocks which are known to contain arsenopyrite locally in the wallrock of quartz veins (see news release dated August 14, 2018). In addition, recent prospecting in the vicinity of the soil and hand drill anomalies at Jasmine has uncovered a new arsenopyrite showing that has been followed along strike for 120 metres and remains open to the south.
“The use of XRF analyses of both soil and rock powder samples in the field is allowing rapid and efficient targeting of mineralized zones with the best potential, said Roger Moss, Labrador Gold Chief Executive Officer. “Discovery of arsenopyrite and pyrite mineralization during follow up prospecting demonstrates the success of the technique.â€
Further follow up is ongoing with prospecting, channel sampling and structural mapping of the known and recently discovered showings.
XRF Analysis
Both soil and rock powder samples were analyzed by an Reflex Delta Model DP-2000-CC using Innov-X Delta advanced PC software. Prior to the start of analyses each day a routine calibration check was performed on the instrument using a Reflex Sandard “cal check†coin. Soil samples are analyzed at base camp and rock powder samples are analyzed at the sample site.
Roger Moss, PhD., P.Geo., is the qualified person responsible for all technical information in this release.
About Labrador Gold:
Labrador Gold is a Canadian based mineral exploration company focused on the acquisition and exploration of prospective gold projects in the Americas. In 2017 Labrador Gold signed a Letter of Intent under which the Company has the option to acquire 100% of the 896 square kilometre (km2) Ashuanipi property in northwest Labrador and the Nain (503 km2) and Hopedale (458 km2) properties in eastern Labrador.
The Hopedale property covers much of the Hunt River and Florence Lake greenstone belts that stretch over 80 km. The belts are typical of greenstone belts around the world but have been underexplored by comparison. Initial work by Labrador Gold during 2017 show gold anomalies in soils and lake sediments over a 3 kilometre section of the northern portion of the Florence Lake greenstone belt in the vicinity of the known Thurber Dog gold showing where grab samples assayed up to 7.8g/t gold. In addition, anomalous gold in soil and lake sediment samples occur over approximately 40 kilometres along the southern section of the greenstone belt (see news release dated January 25th 2018 for more details).
The Ashuanipi gold project is located just 35 km from the historical iron ore mining community of Schefferville, which is linked by rail to the port of Sept Iles, Quebec in the south. The claim blocks cover large lake sediment gold anomalies that, with the exception of local prospecting, have not seen a systematic modern day exploration program. Results of the 2017 reconnaissance exploration program following up the lake sediment anomalies show gold anomalies in soils and lake sediments over a 15 kilometre long by 2 to 6 kilometre wide north-south trend and over a 14 kilometre long by 2 to 4 kilometre wide east-west trend. The anomalies appear to be broadly associated with magnetic highs and do not show any correlation with specific rock types on a regional scale (see news release dated January 18th 2018). This suggests a possible structural control on the localization of the gold anomalies. Historical work 30 km north on the Quebec side led to gold intersections of up to 2.23 grams per tonne (g/t) Au over 19.55 metres (not true width) (Source: IOS Services Geoscientifiques, 2012, Exploration and geological reconnaissance work in the Goodwood River Area, Sheffor Project, Summer Field Season 2011). Gold in both areas appears to be associated with similar rock types.
The Company has 51,442,552 common shares issued and outstanding and trades on the TSX Venture Exchange under the symbol LAB.
For more information please contact:
Roger Moss, President and CEOÂ Â Â Â Â Tel: 416-704-8291
Or visit our website at:Â www.labradorgold.com
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.
PyroGenesis $PYR.ca Announces Receipt of Military Contracts totaling $670,000 $LMT $RTN $NOC $UTX $HPQ.ca $DDD.ca $SSYS $PRLB
Posted by
at 8:39 AM on Monday, September 10th, 2018
- Received Military contracts with the US Military totaling US $509,000 (approx. Can$ 670,000), for general ongoing upgrades and maintenance
- Work on these contracts has already begun, and all the contracts will be completed by the end of the year (Q4-2018).
- “These contracts are a further testament to the level of confidence military organizations have in our experience and expertise,†said P. Peter Pascali, President and CEO of PyroGenesis…”
MONTREAL, Sept. 10, 2018 — PyroGenesis Canada Inc. (http://pyrogenesis.com) (TSX-V: PYR), a TSX Venture 50® high-tech company, (the “Company”, the “Corporation†or “PyroGenesis”) a Company that designs, develops and manufactures plasma waste-to-energy systems and plasma torch systems, is pleased to announce today, that it has received Military contracts with the US Military (the “Clientâ€) totaling US $509,000 (approx. Can$ 670,000), for general ongoing upgrades and maintenance.
Work on these contracts has already begun, and all the contracts will be completed by the end of the year (Q4-2018).
“These contracts are a further testament to the level of confidence military organizations have in our experience and expertise,†said P. Peter Pascali, President and CEO of PyroGenesis. “It further underscores our ability to perform to the highest standards, military standards, and this is serving us well as we expand our other business segments into industries which have similar exacting demands.â€
“We are proud to continue to be chosen to deliver innovative commercial solutions to one of the most discerning clients in the world; the military establishment,†said Pierre Carabin, Chief Technology Officer of PyroGenesis. “More than 20 years of working with the military has provided us with the credibility few, if any, companies of our size have. We have proven, time and time again, that we say what we do, and we do what we say.â€
About PyroGenesis Canada Inc.
PyroGenesis Canada Inc., a TSX Venture 50® high-tech company, is the world leader in the design, development, manufacture and commercialization of advanced plasma processes. PyroGenesis provides technical and manufacturing expertise, cutting-edge contract research, as well as turnkey process equipment packages to the defense, metallurgical, mining, additive manufacturing (3D printing), oil & gas, and environmental industries. With a team of experienced engineers, scientists and technicians working out of our Montreal office and 3,800 m2 manufacturing facility, PyroGenesis maintains its competitive advantage by remaining at the forefront of technology development and commercialization. Its core competencies allow PyroGenesis to lead the way in providing innovative plasma torches, plasma waste processes, high-temperature metallurgical processes, and technical services to the global marketplace. Its operations are ISO 9001:2015 certified, and have been ISO certified since 1997. PyroGenesis is a publicly-traded Canadian corporation on the TSX Venture Exchange (Ticker Symbol: PYR) and on the OTCQB Marketplace (Ticker Symbol: PYRNF). For more information, please visit www.pyrogenesis.com.
This press release contains certain forward-looking statements, including, without limitation, statements containing the words “may”, “plan”, “will”, “estimate”, “continue”, “anticipate”, “intend”, “expect”, “in the process” and other similar expressions which constitute “forward-looking information” within the meaning of applicable securities laws. Forward-looking statements reflect the Corporation’s current expectation and assumptions, and are subject to a number of risks and uncertainties that could cause actual results to differ materially from those anticipated. These forward-looking statements involve risks and uncertainties including, but not limited to, our expectations regarding the acceptance of our products by the market, our strategy to develop new products and enhance the capabilities of existing products, our strategy with respect to research and development, the impact of competitive products and pricing, new product development, and uncertainties related to the regulatory approval process. Such statements reflect the current views of the Corporation with respect to future events and are subject to certain risks and uncertainties and other risks detailed from time-to-time in the Corporation’s ongoing filings with the securities regulatory authorities, which filings can be found at www.sedar.com, or at www.otcmarkets.com. Actual results, events, and performance may differ materially. Readers are cautioned not to place undue reliance on these forward-looking statements. The Corporation undertakes no obligation to publicly update or revise any forward-looking statements either as a result of new information, future events or otherwise, except as required by applicable securities laws.
Neither the TSX Venture Exchange, its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) nor the OTC Markets Group Inc. accepts responsibility for the adequacy or accuracy of this press release.
SOURCE PyroGenesis Canada Inc.
For further information: Rodayna Kafal, VP, Investor Relations and Strategic Business Development, Phone: (514) 937-0002, E-mail: [email protected]
Peeks Social $PEEK.ca Users Increase 114% Following Launch of Web Platform $IDK.ca $BCOV $AVID
Posted by
at 8:33 AM on Monday, September 10th, 2018
- Monthly Active Users has increased by 114% since the launch of the web platform (www.peeks.social) on July 9, 2018.
- Peeks Social is also available on iOS and Android
- MAUs grew to 314,168 for August 2018, as compared to 245,875 for July 2018, and 146,496 for June 2018.
- The growth in MAUs was substantially all sourced from the web platform
TORONTO, Sept. 10, 2018 — Peeks Social Ltd. (TSXV: PEEK; OTCQB: PKSLF) (“Peeks Social†or the “Companyâ€) is pleased to announce that the Peeks Social platform’s Monthly Active Users (“MAUsâ€) has increased by 114% since the launch of the web platform (www.peeks.social) on July 9, 2018. Peeks Social is also available on iOS and Android. MAUs grew to 314,168 for August 2018, as compared to 245,875 for July 2018, and 146,496 for June 2018. The growth in MAUs was substantially all sourced from the web platform.
“The launch of our upgraded web portal has led to robust and significant growth in new users coming the Peeks Social platform. Although we have witnessed a slight cannibalization of users transitioning from the app to the website, the offsetting growth in users and higher conversion rates from our web marketing efforts have exceeded our initial expectations,†states Mark Itwaru, CEO of the Company. “I would like to congratulate our technical team on the achievement of a successful product launch.â€
The Company also announces that user deposits and user sessions for the second quarter (three months ended August 31, 2018) were $1.4 million and 6.5 million, respectively, as compared to $1.4 million and 6.2 million, respectively, for the first quarter (three months ending May 31, 2018). The website of the Peeks Social platform does not yet contain the full purchase functionality of the app platforms, and as such the increase in MAUs has not yet had a direct impact on user deposits. Full purchase functionality will be available on the web platform imminently.
The Company also announces that it has closed a non-brokered private placement. The Company issued an aggregate of 2,250,000 units at a price of $0.12 per unit, for total gross consideration from this private placement of $270,000. Each unit consists of one common share and one common share purchase warrant of the Company. Each warrant is exercisable to purchase one additional common share of the Company at an exercise price of $0.20 per share for a period of 24 months from the date of issuance. The common shares and warrants are subject to a four month hold period. The private placement is subject to the Company obtaining final acceptance from the TSX Venture Exchange upon the filing of required materials in due course. The Company paid aggregate finder’s fees of $21,600 to eligible arm’s length parties in connection with this private placement. Proceeds raised through the private placement will be used for the marketing and advancement of the “Peeks Social†platform, as well as for general working capital and corporate purposes.
Data for MAUs and user sessions was provided through Google Analytics. For additional information on Google Analytics’ definitions of these terms and the methods of calculating these metrics, please refer to https://support.google.com/analytics .
The Peeks Social app can be downloaded in either the Apple or Google app stores, or by visiting www.peeks.social.
For further information, please contact:
Peeks Social Ltd.
Mark Itwaru
Chairman & Chief Executive Officer
416-639-5335
[email protected]
David Vinokurov
Director Investor Relations
416-716-9281
[email protected]
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) has reviewed or accepts responsibility for the adequacy or accuracy of this Release.Â
$LAB.ca Labrador Gold – Agoracom Announce Online Marketing and Awareness Program $ANX.ca $MOZ.ca $GR.ca
Posted by
at 5:10 PM on Friday, September 7th, 2018
$GR.ca Great Atlantic has Begun 2018 Exploration Drilling Program at its Pilley’s Island Base – Precious Metal Property Northern Newfoundland $LAB.ca, $ANX.ca $MOZ.ca
Posted by
at 9:20 AM on Thursday, September 6th, 2018
- Commenced the 2018 exploration at its Pilley’s Island Base – Precious Metal Property, Newfoundland
- program consists of prospecting and rock and soil geochemical sampling on a regional scale, multiple targets
- Significant levels of zinc, lead, copper, gold and silver identified in 2017 at the Bull Road Showing
Vancouver, British Columbia (FSCwire) – GREAT ATLANTIC RESOURCES CORP. (TSXV.GR) (the “Company†or “Great Atlanticâ€) is pleased to announce it has commenced the 2018 exploration program at its Pilley’s Island Base – Precious Metal Property, located in north-central Newfoundland, Newfoundland and Labrador. The property was expanded in 2018 to 4,600 hectares, covering most of Pilley’s Island. The current work program consists of prospecting and rock and soil geochemical sampling on a regional scale covering multiple target areas. The Company confirmed significant levels of zinc, lead, copper, gold and silver mineralization during 2017 within the property at the Bull Road Showing. The Company is also planning a diamond drilling program for 2018 at the Bull Road Showing.
To view the graphic in its original size, please click here
The focus of Great Atlantic’s work to date on the property has been the Bull Road showing, located in the southern region of Pilley’s Island. A trench was excavated in 2017 at this showing exposing sulfide mineralization over a northwest-southeast length of 130 meters with a width varying between 1-7 meters. The Bull Road Showing is a polylithic slump breccia of volcanogenic massive sulphide mineralization containing massive sulphide clasts up to greater than a meter in length. Sample results from this trench are reported in the Company’s News Releases of November 16 and December 14, 2017. Bull Road Trench sample highlights include (channel sample lengths are in meters):
- 1.05m channel sample: 15.40% Zn, 6.60% Pb, 4.66% Cu, 111.5 g/t Ag and 1.008 g/t Au.
- 0.70m channel sample: 17.30% Zn, 0.10% Pb, 2.97% Cu, 31.2 g/t Ag and 0.449 g/t Au.
- 0.95m channel sample: 3.95% Zn, 0.73% Pb, 2.83% Cu, 62.2 g/t Ag and 0.613 g/t Au.
- 1.00m channel sample: 2.96% Zn, 0.03% Pb, 3.27% Cu, 30.4 g/t Ag and 0.563 g/t Au
- Outcrop grab sample: 40.8% Zn, 4.69% Pb, 6.08% Cu, 22.5 g/t Ag and 1.366 g/t Au.
- Outcrop grab sample: 32.60% Zn, 1.30% Pb, 8.38% Cu, 148.1 g/t Ag and 1.421 g/t Au
- Outcrop grab sample: 36.40% Zn, 5.50% Pb, 4.22% Cu, 59.9 g/t Ag and 0.325 g/t Au
- Outcrop grab sample: 27.5% Zn, 20.0% Pb, 5.78% Cu, 63.4 g/t Ag and 0.314 g/t Au
Bull Road Trench
To view the graphic in its original size, please click here
Massive sulfide mineralization at the Bull Road Trench
To view the graphic in its original size, please click here
The 2017 samples were analyzed at Eastern Analytical in Springdale Newfoundland (gold by Fire Assay – atomic absorption (AA); and copper, lead, zinc and silver by multi-acid digestion and AA). The channels samples were collected across selected clasts at generally right angles to the long dimension of the clasts. The 2017 Bull Road trench sample data was verified by qualified persons who managed the sampling program and verified sample data.
Great Atlantic is planning a diamond drilling program for fall 2018 at the Bull Road showing.
The Pilley’s Island Property hosts the historic Pilley’s Island Mine, which operated during the 1890s and early 1900s. The Newfoundland and Labrador Department of Natural Resources reports historic estimated proven reserves of 1.159 million tonnes grading 1.23% Cu (referencing Grimley, 1968 as the source) or 627,373 tons at 2.34% Cu (referencing Walker, 1976 as the source ) in their Mineral Occurrence Database. David Martin, VP Exploration for Great Atlantic, states “These historical estimates of reserves are not reliable. The historical estimates are only relevant to the extent of identifying an area on the property for research and possible future exploration. The key assumptions, parameters, and methods used to prepare the historical estimates are not known. A qualified person has not done sufficient work to classify the historical estimates as current resources or current reserves. A qualified person would need to complete sufficient work following CIM Best Practice Guidelines to upgrade or verify the historical estimates as current mineral resources or mineral reserves. This would almost certainly require additional exploration in the way of diamond drilling, trenching and / or underground work and corresponding sampling all of which must follow CIM Exploration Best Practice Guidelines.†Great Atlantic is not treating the historical estimates for the historic Pilley’s Island Mine as current mineral resources or mineral reserves.
Access to and infrastructure at the Pilley’s Island Property is excellent. The property is serviced with power mains and government maintained roads and is within 2 km of tide water. The property is located within a mining friendly district.
Readers are warned that historical data on the historic Pilley’s Island Mine referred to in this News Release have not been verified by a qualified person. A qualified person has not verified this data as the Company’s focus since acquiring the property in 2017 has been the Bull Road showing.
David Martin, P.Geo., a Qualified Person as defined by NI 43-101 and VP Exploration for Great Atlantic, is responsible for the technical information contained in this News Release.
On Behalf of the board of directors
“Christopher R Andersonâ€
Mr. Christopher R Anderson ” Always be positive, strive for solutions, and never give up ”
President CEO Director
604-488-3900