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6 Small Cap Companies That Will Benefit from Canadian Liberal Government’s New Focus on Electric Vehicle #EV #Batteries and Vehicles $GRAT.ca $HPQ.ca $LMR.ca $NAM.ca $SX.ca $TN.ca

Posted by AGORACOM-JC at 2:11 PM on Friday, September 25th, 2020

The Liberal Government announced new measures towards climate, clean energy and transport in yesterday’s throne speech. This will no doubt help accelerate the transition toward electric mobility while ensuring a cleaner, healthier economy.  Here are 6 small cap companies that stand to benefit from these initiatives (in alphabetical order).

Gratomic Inc. (GRAT :TSXV) is gearing up to bring its high grade, environmentally sustainable graphite to the North American EV market. In a race that started in 2012, Gratomic is the only one of several graphite companies that has successfully brought its asset through to the final construction phase.

The Company is now ready to introduce its graphite to battery producers for use in advanced anode technology. Being of such naturally high purity, Gratomic’s vein graphite is ideal for use in this application, requiring simpler, less expensive and more efficient processing methods, resulting in a final product with naturally lower contents of deleterious elements.

In addition to its high purity levels, the Company’s Aukam graphite is a much cleaner alternative to this market’s current supply options as a sustainably sourced resource as per the Company’s September 3rd Press Release. The Company intends to establish a new benchmark for recording and guaranteeing the product’s carbon footprint, based on latest generation blockchain technology.

Gratomic is preparing the high grade Aukam Graphite mine for commercial production. The company anticipates commencement of production in Q4 of 2020 while producing 20,000 tonnes of high purity vein graphite annually to support a burgeoning market.

Hub On AGORACOM

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HPQ Silicon Resources (HPQ:TSXV) is a Canadian producer of Silicon Solutions that is building a line of specialty silicon products needed for electric batteries. More than just lip service, HPQ has already announced NDA’s with 2 undisclosed companies in the space and has hinted at other NDA’s that are so tight they could not even be announced.

Over the past 5 years, HPQ has teamed up with 2 world renowned technology partners, including PyroGenesis Canada (PYR:TSXV)  to manufacture high purity silicon cleaner, cheaper and better than anyone in the world – because you can’t dig it out of the ground like other battery metals such as graphite, cobalt and nickel. Now HPQ is on the verge of sending samples of its industry leading silicon to NDA and other potential partners as early as December. 

However, despite providing shareholders with a great return during this period, HPQ’s silicon plan was still met by skepticism amongst investors who found it easier to understand traditional battery metal stories ….  This all changed on September 23rd 2020, when this headline emerged from Tesla’s “Battery Day” 

“Tesla To Revolutionize Use Of Silicon In Batteries: Slash Costs, Increases Range” 

HPQ-Silicon Resources –  Hub On AGORACOM  

PyroGenesis Canada – Hub On AGORACOM

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Lomiko Metals (LMR: TSXV) discovered high-grade graphite at La Loutre property in Quebec and is working toward a Pre Economic Assessment to increase current resource to 10m/t of 10% Cg.

“Initial indications are that La Loutre Graphite Property is high-quality and high-grade and thus worthy of development.” stated A. Paul Gill, CEO. “The only operating graphite mine in North America which is the Imerys Graphite & Carbon at Lac-des-Îles, is 30 miles northwest of La Loutre and has operated for 30 years.

Lomiko is in an ideal position to participate in the Electrical Vehicle market with the potential to become a North American supplier of graphite materials.

Hub On AGORACOM

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New Age Metals Inc. (NAM: TSXV) is a green metals company focused on PGM and Lithium. The company’s Lithium division is the largest mineral claim holder in the Winnipeg River Pegmatite Field, where the Company is exploring for hard rock lithium and various rare elements such as tantalum and rubidium.  Manitoba is THE untapped frontier for ‘Hard Rock’ Lithium.

The Company’s philosophy is to be a project generator with the objective of optioning its Lithium projects with major and junior mining companies through to production.

Hub On AGORACOM

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St-Georges Eco-Mining (SX:CSE) is developing new technologies to solve some of the most common environmental problems in the mining industry.  The company is focused on value-adding the recovery of battery-grade nickel, ferronickel for alloying in the stainless steel industry and recovery of valuable elements such as cobalt. St-Georges is working on processing nickel and minimizing tailings with solutions to energy challenges.

The company is also working on lithium extraction technologies with non-conventional resources, such as clays, and working on ways to concentrate and reduce the environmental impact while unlocking the valuable content of the material.

More than just lip service, the Company’s lithium extraction technology has already delivered its first License agreement with Iconic Minerals in exchange for:

  •  $100,000 cash
  • 5,000,000 shares in 3 stages
  • A perpetual net revenue interest royalty (NRI) of 5% on all minerals produced on sites licensed with SX technologies in the state of Nevada

Hub On AGORACOM

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Tartisan Nickel (TN:CSE) – 95 Million Pounds Of Contained Nickel

Nickel is the new gold, a critical element for the growing electric vehicle market, Tartisan just announced a re-estimation of the Mineral Resource Estimate at the Kenbridge Nickel-Copper-Cobalt Project. Kenbridge holds mineral resources of 7.5 Mt of 0.58% Ni and 0.32% Cu for a total of 95 Mlb of contained nickel.  Class 1 nickel sulphide deposits are emerging as a key supplier of Nickel to the growing electric vehicle market.

CEO Mr. Mark Appleby stated, “The Updated Mineral Resource Estimate was necessary to determine if Kenbridge mineralization is potentially extractable under current metal prices and exchange rates. This is a major milestone achieved by the Company as the market conditions for Class 1 nickel sulphide deposits improve. The differences between the previous P&E Mineral Resource Estimate (2008) and the current P&E Updated Mineral Resource Estimate are attributed to changes in metal prices and recalculation of NSR values.

Hub On AGORACOM

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Posted in AGORACOM Small Cap Stocks For Investment, Featured, Gratomic, HPQ-Silicon Resources Inc., Lomiko Metals, New Age Metals, St Georges Eco-Mining Technologies, Tartisan Nickel | Comments Off on 6 Small Cap Companies That Will Benefit from Canadian Liberal Government’s New Focus on Electric Vehicle #EV #Batteries and Vehicles $GRAT.ca $HPQ.ca $LMR.ca $NAM.ca $SX.ca $TN.ca

St-Georges Eco-Mining $SX.ca $SXOOF: First Hole Completed at Thor Gold Project $NNX.ca $OM.ca $ICM.ca

Posted by AGORACOM-JC at 9:10 AM on Tuesday, September 15th, 2020
  • Completed its first reverse circulation drill hole at the Thor project in the vicinity of Reykjavik in Iceland
  • The hole was positioned to test a previous surface sample that assayed 37.4 g/t gold and 69.3 g/t silver
  • The hole was successfully ended at 124 meters

Reykjavik – September 15, 2020 – St-Georges Eco-Mining Corp. (CSE:SX) (CNSX:SX.CN) (OTC:SXOOF) (FSE:85G1) is pleased to disclose that it has completed its first reverse circulation drill hole at the Thor project in the vicinity of Reykjavik in Iceland. The hole was positioned to test a previous surface sample that assayed 37.4 g/t gold and 69.3 g/t silver. The hole was successfully ended at 124 meters.

The exploration team lead by Pr Helen Salmon and supported by Herb Duerr and lead field geologist Gary McLearn, had identified earlier in August a new target zone outside the historically explored area following the grab sample results from sample 008 that yielded 69.3 g/t silver, 0.216% Copper & 37.4 g/t Gold. (See Company’s Press Release from August 21, 2020).

Because of high grades in past mining and the presence of visible gold in past work, a decision to sample the hole on 30 cm intervals was made by management. Our contract geologist may have observed visible grains of gold and possible accessory silver minerals near the bottom of the hole. As such, management has decided to do a standard 50 assay ton fire assay with atomic absorption finish for both gold and silver. Any samples assaying over 0.8 g/t gold will be automatically reassayed. If the samples are inconsistent, the lab will be instructed to do metal screening for particulate gold on reject material.

The current surface exploration campaign conducted one drill hole via reverse circulation using a standard hammer drill bit of 5.5 inches (~14 cm) in size. The drilling was conducted under the constant supervision of the Company’s field geologist, and all the material of every 30cm of depth was collected in plastic buckets sealed, identified with a code, and carried to St-Georges’ secure warehousing facilities in Reykjavik. From there, the geologists will prepare a representative sample for every bucket. Based on the visual analysis conducted while logging the material so far, the Company expects to send over 400 samples to be assayed to ALS Global Laboratories (ISO/IEC 17025 accredited) in Loughrea, Ireland. The Company intends to request a rush treatment for the assay of these samples.

The hole completed went from surface to a depth of 124 meters on an azimuth of 110 degrees. The drill rig cased the hole to 2 meters depth encountering approximately 1.5 meters of overburden at the surface. The mineralization encountered is compatible with the type often favorable for gold on the Thor project consisting of quartz veining adjacent to basalt with apparent abundant pyrite and accessory sulphides. Visible gold and silver may have been identified in the field by the Company’s field geologist. These sections are still being logged and sampled and prepared to be sent to the laboratory. See Figures 1, 2 & 3.


Click Image To View Full Size

Figure 1. Mineralization floating on top of drilling mud


Click Image To View Full Size

Figure 2. Mineralization from quartz veining

Figure 3. Mineralization close up from Fig. 2

St-Georges’ President & CEO, Vilhjalmur Thor Vilhjalmsson, commented: “(…) We are encouraged by the current pace of the exploration work on the Thor Gold Project. The team has worked with the constraints of the COVID-19 quarantine and additional precautions imposed by the new government regulations, and still ended-up delivering within the aggressive target dates we had put forward (…) We are particularly pleased with the field team led by Gary. We have given the team much leeway and trusted their professional expertise. Gary took a bold decision in choosing an underexplored location for the only deeper drill hole we were authorized for to date under our agreement with Melmis. For what we know so far, it was worth the risk (…) we expect to close the transaction with Melmis this month, and we will keep the drilling contractor busy for the foreseeable future on the Thor Gold Project (…)”.

About Thor Gold

The Thormodsdalur Gold Project is located about 20km east of the city center of Reykjavik and south-east of the Lake Hafravatn. The project was discovered in 1908. The property produced a gold concentrate from 1911 to 1925, which shipped to Germany for processing. Over 300 meters of tunnels explored and mined one or more quartz veins and wall rock below open cuts at the surface.

Studies between 1996 and 2013 identified the project mineralization as a low sulfidation system hosted by basic to intermediate flows of Pliocene to Miocene age. The host contains banded chalcedony and ginguro within a fault zone up to 5 meters in width. To date, the identified gold trend has a known strike length of 700 meters determined by drill intercepts. Petrographic analysis of the vein material identified gold occurring in its free form and as part of an assemblage with pyrite and chalcopyrite. Petrographic and XRD studies show an evolution of the vein system from the zeolite assemblage to quartz-adularia and lastly, to minor calcite.

Thirty-two holes have been drilled within the license area, for a total of 2439 meters. Gold values vary from less than 0.5 g/t to a maximum of 415 g/t. (These values were obtained from selected random intervals and cannot be construed to be representative of any particular thickness or overall length.) Historically, the best intercepts from the diamond drilling are 33.5m of 8.0 g/t Au (true thickness) and 5.2m of 35.4 g/t Au (true thickness).

Gary McLearn, A professional geoscientist (Ontario APGO #2900) and an Independent Qualified Person as defined by National Instrument 43-101, has prepared, supervised the preparation or approved the scientific and technical disclosure in the news release.

ON BEHALF OF THE BOARD OF DIRECTORS

“Vilhjalmur Thor Vilhjalmsson”

Vilhjalmur Thor Vilhjalmsson

President and CEO

About St-Georges

St-Georges is developing new technologies to solve some of the most common environmental problems in the mining industry.

The Company controls directly or indirectly, through rights of first refusal, all of the active mineral tenures in Iceland. It also explores for nickel on the Julie Nickel Project & for industrial minerals on Quebec’s North Shore and for lithium and rare metals in Northern Quebec and in the Abitibi region. Headquartered in Montreal, St-Georges’ stock is listed on the CSE under the symbol SX, on the US OTC under the Symbol SXOOF and on the Frankfurt Stock Exchange under the symbol 85G1

The Canadian Securities Exchange (CSE) has not reviewed and does not accept responsibility for the adequacy or the accuracy of the contents of this release.

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Posted in Featured, St Georges Eco-Mining Technologies | Comments Off on St-Georges Eco-Mining $SX.ca $SXOOF: First Hole Completed at Thor Gold Project $NNX.ca $OM.ca $ICM.ca

European Commission Adds Lithium to Critical Raw Materials List SPONSOR: St-Georges Eco-Mining $SX.ca $NNX.ca $OM.ca $ICM.ca

Posted by AGORACOM at 12:48 PM on Friday, September 11th, 2020

EC reports highlighted an overlap between the location battery raw materials resources in the EU and “regions that are heavily dependent on coal or carbon-intensive industries and where battery factories are planned”. Image: EC Joint Centre for Research.

Lithium has been added to a list of raw materials deemed essential to secure supply in Europe, for the first time ever, by the European Commission.

Earlier this month the Commission presented its Action Plan on Critical Raw Materials and a “foresight study” on critical raw materials looking ahead to 2030 and 2050, as well as its updated 2020 list of materials. This list is updated every three years and identifies the raw materials that the Commission said are “most important economically and have a high supply risk”.

A statement from the EC also talked about the importance of access to certain resources to deliver the European Green Deal while preventing the shift to carbon neutrality from becoming also a shift from dependency on fossil fuels to a dependency on raw materials. This week, Members of European Parliament spoke at a webinar hosted by European energy storage industry group EASE about the vital importance of energy storage for decarbonising the continent while also ensuring security of energy supply.

The EC’s documents likewise firmly emphasised the importance of battery raw materials. While cobalt is already on that list, and lithium was added this year, the EC said it will “monitor nickel closely,” given the metal’s importance in battery production. Vanadium, used in flow batteries – as well as in steel production – is also on the 2020 list.

“A secure and sustainable supply of raw materials is a prerequisite for a resilient economy. For e-car batteries and energy storage alone, Europe will for instance need up to 18 times more lithium by 2030 and up to 60 times more by 2050,” said European Commission politician Maroš Šefčovič, who has championed the need to create battery supply chains and manufacturing capabilities in the continent.

“As our foresight shows, we cannot allow to replace current reliance on fossil fuels with dependency on critical raw materials. This has been magnified by the coronavirus disruptions in our strategic value chains.”

Šefčovič, the EC’s Vice-President for Interinstitutional Relations and Foresight, was instrumental in the creation of the European Battery Alliance, which has committed to investing billions of Euros into the manufacturing value chain on the continent over the next few years.

One of the projects to benefit from that Alliance, start-up Northvolt’s first gigafactory in Sweden, received its first processing equipment a few days ago, the company said. Now, the European Commission is set to formulate a similar Alliance for Critical Raw Materials.

SOURCE: https://www.energy-storage.news/news/european-commission-adds-lithium-to-critical-raw-materials-list

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Posted in All Recent Posts, St Georges Eco-Mining Technologies | Comments Off on European Commission Adds Lithium to Critical Raw Materials List SPONSOR: St-Georges Eco-Mining $SX.ca $NNX.ca $OM.ca $ICM.ca

Why Small Cap Gold Investors Need To Take Notice of Ohio Pension Fund Entering The Gold Market $AMK.ca $AFF.ca $DGO.ca $CDG.ca $LN.ca $LAB.ca $SX.ca $TAJ.ca

Posted by AGORACOM at 9:54 AM on Tuesday, September 1st, 2020

Small cap investors should take notice of the following small cap gold exploration companies after the Ohio Police & Fire Pension Fund (OP&F) approved a 5% allocation into gold in a move to diversify its portfolio and hedge against the risk of inflation. This may not sound like much, but it may be the first of many pension funds to follow as they seek to protect their pension assets. The OP&F fund currently holds about $16 billion in assets under management and believe gold will give the portfolio a strong diversifier to its growth-oriented investments as well as provide an effective hedge against inflation

More and more pensions are going to need to protect themselves against rising inflation and the falling value of currencies and 5% from every fund poses an incredible amount of purchasing power for the gold market to sustain.

Rising gold prices boost demand, as witnessed by Warren Buffett’s Berkshire Hathaway surprising gold investors after buying nearly 21 million shares of Barrick Gold. The first time ever in the funds history.

If the worlds largest funds are finding value in the gold market, small cap investors need to pay attention to the following Agoracom clients poised for success.

 (TSXV: AMK)

American Creek owns a 20% Carried Interest to Production at the Treaty Creek Project in the Golden Triangle. 2020’s first hole is the best yet, intersecting 973 Meters Averaging 0.845 gram per ton Equivalent, From Hole GS-20-57, Including 1.40 gpt AuEq Over 217.5 Meters. Eric Sprott believes Treaty Creek may contain over 30 million ounces. Initial resource report expected late 2020 from project operator Tudor Gold.                  

Hub On AGORACOM

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(TSXV: AFF)

Affinity controls 2 projects, The West Timmins Gold and The Regal where and Affinity just announced that drilling has begun targeting several major geophysical anomalies as well as three historic small-scale past producing mines. Past results include 11.10 meter interval of 143.29 g/t silver which included a 0.55 meter interval of 2,612.0 g/t silver.

The West Timmins Gold property is located near Timmins, Ontario, Canada and adjoins Melkior’s Carscallen project. The first drill hole has been completed and assays from that first hole are expected to be received by the Corporation within the next two weeks.

Hub On AGORACOM

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(TSXV: DGO)

Durango is positioned for discovery with a 100% interest in strategically located properties in the Windfall Lake gold camp in the Abitibi region of Quebec, named Trove and Barry. Osisko is currently drilling the Lynx Project close to Durango’s property border. Durango is currently finalizing its drill plan for 2020.

Hub On AGORACOM

(CDG: TSXV)

Candente owns a large, economic, copper ore body in Peru waiting to be mined. Cañariaco Norte is a 100% owned feasibility-stage porphyry copper deposit containing 7.5 billion pounds of copper and has had multiple scientific studies propelling it along the way toward production. Strengthened by Goldman Sachs belief it is one of the top 80 copper deposits yet to be exploited and strategically guided by Australian Iron Ore giant Fortescue’s 19% inside ownership, Candente has the lowest quartile production costs slated for development.

Hub On AGORACOM

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(TSXV: LAB)

Labrador Gold explores for prospective gold projects in Eastern Canada. The Kingsway project is the current focus in Newfoundland, along strike of New Found Gold’s discovery of 92.86 g/t Au over 19.0 metres on their Queensway property. Field crews have started the 2020 exploration program on the Kingsway Property. Labrador also holds the Hopedale and Ashuanipi district scale gold exploration properties.

Hub On AGORACOM

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(TSX: LN)


Loncor Resources (LN: TSX / Q: LONCF /) is an excellent gold explorer that is 100% focused on Africa, where they have already discovered over 3 million ounces of gold …. with plans to find even more.

World renown gold miner Newmont has a market capitalization of $50 Billion and owns 8% of Loncor.    Resolute Mining of Australia has a market capitalization of $1.5 Billion and owns 26% of Loncor 

Joint Venture on all of Loncor’s remaining land with Barrick Gold, the $53 Billion Company whose mandate is to find a Tier 1 asset. On Loncor ground

Hub On AGORACOM

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SX has a “Eco-Green’ approach to the mining business. It creates eco-friendly mining solutions through technology to grow its business and has developed 4 separate and distinct avenues to create an ideal growth company for the ecological requirements 21st mining will face. Currently focused on exploring for gold in Iceland while developing processing technologies to reduce the environmental impact of mining activities.  

Hub On AGORACOM

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(TSXV: TAJ)

Tajiri Resources Corp is exploring for world class gold deposits in Guyana with 2 exploration properties that could each wield major discoveries, the Gargantuan and Epeius projects. Supported by management that have a track record of discovery with almost 20 million ounces, mostly in Guyana

Hub On AGORACOM

FULL DISCLOSURE: All companies are advertising client of AGORA Internet Relations Corp.

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Posted in Affinity Metals, All Recent Posts, American Creek Resources Ltd., Candente Gold, Durango Resources, Labrador Gold, Loncor, St Georges Eco-Mining Technologies, Tajiri Resources | Comments Off on Why Small Cap Gold Investors Need To Take Notice of Ohio Pension Fund Entering The Gold Market $AMK.ca $AFF.ca $DGO.ca $CDG.ca $LN.ca $LAB.ca $SX.ca $TAJ.ca

Thor Gold Riverbed – St. George Icelandic Gold Exploration Update $SX $SX.ca $SXOOF

Posted by AGORACOM at 11:23 AM on Monday, August 24th, 2020

St-Georges Eco-Mining Corp. (CSE:SX) (CNSX:SX.CN) (OTC:SXOOF) (FSE:85G1)is pleased to release the initial fire assays results from the preliminary surface exploration campaign conducted on the Thor Gold Project in order to prepare this summer’s shallow drilling campaign.

The Company’s exploration team collected grab samples from the dry riverbed on both sides of the river running to the west of the historical work areas (See Fig 1.) A total of eight samples were cut from the outcrops.

Figure 1. Project historical work locations and current targeted area in Red.

All grab samples have shown the presence of gold with assays results ranging from 0.001 g/t to 37.4 g/t.

The grab samples collected from the outcrop are, by nature, selected samples and are not necessarily representative of the mineralization hosted on the property.

Three of the grab samples located between 50 and 150 meters of the historical workings are deemed significant enough to warrant some adjustment to the previously planned shallow drilling grid for this summer’s campaign. These grab samples yielded the following results (Table 1):

 Silver g/tCopper %Gold g/tLead
Sample 0035.9 g/t0.015%11.75 g/tNot significant
Sample 0070.6 g/t0.014%2.47 g/tNot significant
Sample 00869.3 g/t0.216%37.4 g/t4.37%

Table 1. Fire Assays Results

Quality Control

Samples were collected and bagged by the SX geological team and transported in secure bags directly from the site to Iceland Resources’ secured warehouse facilities in Keflavik. From there, two Q/C blank samples were added to the other eight samples, and the batch traveled by plane to ALS Global Laboratories (ISO/IEC 17025 accredited) in Loughrea, Ireland. All samples were tested using four acid trace analysis (ME-ICP61). Samples that yielded precious metals content in excess of 10 ppm were analyzed a second time via gravity separation and fire assay finish.

About Thor Gold

The Thormodsdalur Gold Project is located about 20km east of the city center of Reykjavik and south-east of Lake Hafravatn. The project was discovered in 1908. The property produced a gold concentrate from 1911 to 1925, which was shipped to Germany for processing. Over 300 meters of tunnels explored and mined one or more quartz veins and wall rock below open cuts at the surface.

Studies between 1996 and 2013 identified the project mineralization as a low sulfidation system hosted by basic to intermediate flows of Pliocene to Miocene age. The host contains banded chalcedony and ginguro within a fault zone up to five meters in width. To date, the identified gold trend has a known strike length of 700 meters determined by drill intercepts. Petrographic analysis of the vein material identified gold occurring in its free form and as part of an assemblage with pyrite and chalcopyrite. Petrographic and XRD studies show an evolution of the vein system from the zeolite assemblage to quartz-adularia and, lastly, to minor calcite.

Thirty-two holes have been drilled within the license area, for a total of 2439 meters. Gold values vary from less than 0.5 g/t to a maximum of 415 g/t. (These values were obtained from selected random intervals and cannot be construed to be representative of any particular thickness or overall length.) The best intercepts from the diamond drilling are 33.5m of 8.0 g/t Au (true thickness) and 5.2m of 35.4 g/t Au (true thickness).

Gary McLearn, A professional geoscientist (Ontario APGO #2900) and an Independent Qualified Person as defined by National Instrument 43-101, has prepared and supervised the preparation and has approved the scientific and technical disclosure in the news release.

Mr. Herb Duerr, P. Geo. (AIPG, CPG #11498), a St-Georges’ director, has also reviewed the scientific and technical content of this release. Mr. Duerr is a qualified person as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects.

ON BEHALF OF THE BOARD OF DIRECTORS

“Vilhjalmur Thor Vilhjalmsson”

Vilhjalmur Thor Vilhjalmsson

President and CEO

About St-Georges

St-Georges is developing new technologies to solve some of the most common environmental problems in the mining industry.

The Company controls directly or indirectly, through rights of first refusal, all of the active mineral tenures in Iceland. It also explores for nickel on the Julie Nickel Project & for industrial minerals on Quebec’s North Shore and for lithium and rare metals in Northern Quebec and in the Abitibi region. Headquartered in Montreal, St-Georges’ stock is listed on the CSE under the symbol SX, on the US OTC under the Symbol SXOOF and on the Frankfurt Stock Exchange under the symbol 85G1

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St-Georges Eco-Mining $SX $SX.ca $SXOOF Beyond The AGM

Posted by AGORACOM-JC at 10:59 AM on Sunday, August 23rd, 2020

Beyond The AGM – St-George Eco-Mining, Segment 1 – Iceland

St-Georges Eco-Mining President and CEO, Vilhjalmur T. Vilhjalmsson and Dr Helen Salmon, one of the most knowledgeable academics that has specialised in Iceland Geology, discuss the state of mineral exploration in Iceland. *Includes answers to questions posted by St-Georges shareholders on AGORACOM Q&A


Beyond The AGM – St-George Eco-Mining, Segment 2 – Lithium Processing Tech

St-Georges Eco-Mining President and CEO, Vilhjalmur T. Vilhjalmsson and Enrico Di Cesare, President and CEO of St-Georges Metallurgy (A subsidiary of SX specialised in R&D) discuss the Company’s Lithium Processing Technology *Includes answers to questions posted by St-Georges shareholders on AGORACOM Q&A

Beyond The AGM – St-George Eco-Mining, Segment 3 – Canadian Resource Assets

Frank Dumas, COO & Director of St-Georges Eco-Mining, discusses the status of the Company’s Canadian exploration assets, including Julie and Manicouagan. *Includes answers to questions posted by St-Georges shareholders on AGORACOM Q&A

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Beyond The AGM – St-George Eco-Mining, Segment 4 – Borealis

Frank Dumas, COO & Director of St-Georges Eco-Mining, discusses the status of Borealis, a Distributed and Decentralised Digital Derivative marketplace that is currently 100% owned by St-Georges and is located in Iceland. *Includes answers to questions posted by St-Georges shareholders on AGORACOM Q&A

Beyond The AGM – St-George Eco-Mining, Segment 5 – Management Discussion

St-Georges Eco-Mining President and CEO, Vilhjalmur T. Vilhjalmsson and Frank Dumas, COO & Director of St-Georges Eco-Mining, discuss the overall status of the Company, it’s recovery from August 2018 and bright future looking forward. *Includes answers to questions posted by St-Georges shareholders on AGORACOM Q&A

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Kings of The North Redux – St-Georges Eco-Mining $SX $SX.ca $SXOOF

Posted by AGORACOM-JC at 4:35 PM on Friday, August 21st, 2020
  • Announced that the Company has entered into a conditional binding agreement with BWA Group Plc of London to acquire all the outstanding shares of King of the North (KOTN), sold by St-Georges to BWA in September 2019
  • At the time of the transaction in 2019, St-Georges held 50.18% of KOTN
  • The proposed transaction with BWA and subsequently with the third-party arm-length other holders of the BWA securities will make St-Georges 100% owners of KOTN, that will be, once again, a wholly-owned subsidiary

Montreal – August 21, 2020 – St-Georges Eco-Mining Corp. (CSE:SX) (CNSX:SX.CN) (OTC:SXOOF) (FSE:85G1) announces that the Company has entered into a conditional binding agreement with BWA Group Plc of London to acquire all the outstanding shares of King of the North (KOTN), sold by St-Georges to BWA in September 2019.

At the time of the transaction in 2019, St-Georges held 50.18% of KOTN. The proposed transaction with BWA and subsequently with the third-party arm-length other holders of the BWA securities will make St-Georges 100% owners of KOTN, that will be, once again, a wholly-owned subsidiary.

KOTN was acquired from St-Georges and other related parties by BWA in October 2019 for a consideration of GBP4.66 million. Unfortunately, primarily arising from the impact of the COVID-19 restrictions, it has proved impossible to manage and effectively develop the investment in KOTN from the UK.

As a result, it has been agreed between the parties that St-Georges and the related parties to the original transaction will acquire the BWA’s 100 percent interest in KOTN by means of the cancellation of unconverted elements of the Convertible Unsecured Loan Notes issued as the original purchase consideration, amounting to a total of GBP4.3 million, of which GBP2,281,580 is coming from St-Georges. In addition, St-Georges will issue 1,500,000 common shares in favor of BWA. These shares will be subject to a standard 4 months regulatory hold. After closing the transaction, St-Georges is expected to retain its equity interest in BWA, amounting to approximately 21%.

The transaction is conditional to St-Georges and BWA’s ability to enter into a separate agreement with the related third parties that were part of the 2019 transaction.

The parties expect this transaction will be completed by August 31, 2020. Further information will be disclosed in the coming weeks.

Vilhjalmur Thor Vilhjalmsson, President and CEO of St-Georges, commented, “(…) It is unfortunate that BWA Group has been restricted in its efforts to develop these assets due to the impact of the pandemic on their operations. (…) We wish them all the best in the new direction they are taking, and we will be a supportive shareholder in their future successes (…) we will review the strategy and work program of these assets and divulge our intentions in a follow-up press release in the coming days(…).“

The Company expects to disseminate a press release pertaining to its surface work campaign on the Iceland Thor Gold Project before common share transactions resume on the CSE.

ON BEHALF OF THE BOARD OF DIRECTORS

“Vilhjalmur T. Vilhjalmsson”

VILHJALMUR THOR VILHJALMSSON


President & CEO

About St-Georges Eco-Mining Corp.

St-Georges is developing new technologies to solve some of the most common environmental problems in the mining industry. The Company controls all the active mineral tenures in Iceland. It also explores for nickel on the Julie Nickel Project & the Manicouagan Palladium Project on Quebec’s North Shore. Headquartered in Montreal, St-Georges’ stock is listed on the CSE under the symbol SX, on the US OTC under the Symbol SXOOF and on the Frankfurt Stock Exchange under the symbol 85G1

The Canadian Securities Exchange (CSE) has not reviewed and does not accept responsibility for the adequacy or the accuracy of the contents of this release.

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St-Georges $SX $SX.ca $SXOOF Provides Update on #Lithium Processing Technology Initiative & Iceland #Gold Exploration

Posted by AGORACOM-JC at 2:44 PM on Friday, April 24th, 2020
  • Secured vendors and accepted proposals from third-party laboratories to further its lithium metallurgical processing technology’s advanced bench testing and its pilot plant
  • Up to recently, the Company had strategically divided the research workload between various laboratories to protect the intellectual property being developed
  • These segmented R&D silos will now come together and be integrated within the pilot plant operations

Montreal – April 24, 2020 – St-Georges Eco-Mining Corp. (CSE:SX) (CNSX:SX.CN) (OTC:SXOOF) (FSE: 85G1) is pleased to announce that it has secured vendors and accepted proposals from third-party laboratories to further its lithium metallurgical processing technology’s advanced bench testing and its pilot plant.

Up to recently, the Company had strategically divided the research workload between various laboratories to protect the intellectual property being developed. These segmented R&D silos will now come together and be integrated within the pilot plant operations.

As previously announced on February 10, 2020, in the “Winter Update” press release, the Company expected to secure an agreement within the second quarter of 2020. The use of ready-made facilities will generate significant cost reductions and represent a faster alternative than the building of a pilot plant from scratch. St-Georges’ management evaluated different proposals from various potential providers that were intended to meet the Company’s requirements.

The main contractor retained tipped the balance in its favor with a wealth of experience and state-of-the-art, ready-made facilities that only required certain adjustments specific to the St-Georges process. The team expects an adjustment period, and plant trial runs during Q2 and Q3 2020, subject to Quebec COVID-19 confinement releases. Full pilot scale testing should be initiated in or around the beginning of this year Q4.

The Company is expecting to receive materials from Iconic Minerals Ltd. (TSX-V: ICM) in accordance with the next phase of the on-going research and development program in place with the Company. Discussions are being held with various mines operators and mineral developers. Producers of spodumene concentrate have shown interest in supplying material for testing.

Quebec Lithium Resources

St-Georges also sourced material from a Quebec-based lithium project. The Company’s contractors will be preparing 10 to 15 tonnes of material that should yield results of approximately three metric tonnes of industry-grade spodumene concentrate suitable for pilot testing with the St-Georges’ process. The material should be available to the metallurgical team in the weeks following the Quebec government’s lifting of the COVID-19 lock-down. Sourcing local Quebec material qualifies the Company to apply for certain governmental grants, and the Company expects to apply for these grants in 2020.

Enrico Di Cesare, President of St-Georges Metallurgy Corp., commented: “Our partners’ facilities seem built for St-Georges. Under the circumstances, it would be non-sensical to spend time and money to replicate the facilities that they own. These groups have significant experience with concentrating, acids and solutions we will be using. In addition, it de-risks St-Georges by allowing us to focus on development work that is on-going. St-Georges looks forward to working with all our partners at CTMP (Centre de Technologie Minerale et de Plasturgie inc.), which has performed the early development work and will continue to work with the St-Georges team. We feel we will be able to accelerate the development and eventual market acceptance of the products we intend to produce. We believe this combination of laboratory work at bench scale and eventual large-scale pilot plant operations will accelerate our development work. We feel blessed to have two quality partners to move forward with, and we continue our collaborations with universities that specialize in this field of work.“

St-Georges Metallurgy Corp.

On February 27, 2020, St-Georges incorporated a new subsidiary, St-Georges Metallurgy Corp., and appointed Enrico Di Cesare as its President and CEO. This entity is owned 100% by St-Georges and will handle all metallurgical R&D, laboratory partnerships, metallurgical joint ventures, and related intellectual property.

In April, the Company has secured the services of a veteran metallurgist, Mr. Ian J. Cox, to work on the projects with a focus on both lithium and nickel

Ian has a degree in fuel and combustion science, from Leeds University, UK. With post-grad courses in project management from the University of Tennessee, leadership from Harvard, and finance from the Massachusetts Institute of Technology (MIT), he is an experienced project manager/process engineer with extensive experience in new process development and transition from development to design and operation. Ian has built a profitable business in highly competitive international markets. He builds strong multi-function teams with international joint venture/partnering experience.

Iceland Exploration Update

The previously announced work programs in Iceland (See September 3 2019 Press Release), were not finished due to extreme weather conditions. With the arrival of spring and the Icelandic government allowing people to circulate for work as the COVID-19 confinement directives are being eased, the Company expects to be able to finish its Thor sampling program and send those samples to Canada for processing in May, with Vopna and Troll to follow in June-July. No resolution has yet materialized in regard to drilling the Thor property. Management expects to be able to drill this summer, but no certainty can be given in that regard.

Covid-19 Impacts Assessment

The Covid-19 pandemic impacts all of the Company’s Quebec operations. Quebec North-Shore exploration operations are halted until further notice from the government. The Company is using this period to prepare its intervention plan to meet with the First Nations on whose ancestral territory the projects lie. The current process requires 60 to 90 days to receive the relevant permits. It is currently impossible to know when this process will be initiated.

ON BEHALF OF THE BOARD OF DIRECTORS

“Vilhjalmur Thor Vilhjalmsson”

Vilhjalmur Thor Vilhjalmsson

President and CEO

About St-Georges

St-Georges is developing new technologies to solve some of the most common environmental problems in the mining industry.

The Company controls directly or indirectly, through rights of first refusal, all of the active mineral tenures in Iceland. It also explores for nickel on the Julie Nickel Project & for industrial minerals on Quebec’s North Shore and for lithium and rare metals in Northern Quebec and in the Abitibi region. Headquartered in Montreal, St-Georges’ stock is listed on the CSE under the symbol SX, on the US OTC under the Symbol SXOOF and on the Frankfurt Stock Exchange under the symbol 85G1

The Canadian Securities Exchange (CSE) has not reviewed and does not accept responsibility for the adequacy or the accuracy of the contents of this release.

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St-Georges Eco-Mining Corp. $SX $SX.ca $SXOOF Provides Winter Corporate Update

Posted by AGORACOM-JC at 3:41 PM on Monday, February 10th, 2020

Highlights

  • Lithium Processing: technology initiatives, patent formalization, battery recycling process and lithium metal manufacturing;
  • Pilot plant potentially de-risked through discussions with ready-built facilities;

Montreal, Montreal -  February 10, 2020 – St-Georges Eco-Mining Corp. (CSE:SX) (CNSX:SX.CN) (OTC:SXOOF) (FSE:85G1) would like to update its shareholders on its on-going corporate developments.

In the past six months, St-Georges has successfully executed its strategy to strengthen and expand its focus on its green extraction metallurgical processes development and re-center its exploration efforts on energy metals in Quebec and Iceland. The team has also added a Palladium-Rhodium project in Quebec and has advanced its Thor Gold Project in Iceland to drill-ready status. Significant changes in the Company operations, namely the sale of King of the North in September and the spin-off of ZeU Crypto Networks Inc. in December, has allowed the Company to free up resources that can now be allocated to the core competencies of the Company.

Highlights

– Lithium Processing: technology initiatives, patent formalization, battery recycling process and lithium metal manufacturing;

– Pilot plant potentially de-risked through discussions with ready-built facilities;

– Julie Nickel developments;

– Iceland Resources EHF/St-Georges Iceland ltd update;

– Borealis Derivative Exchange EHF status update;

– Hydro-Dam Project in Iceland advancing on its environmental permits;

– Status of Other Holdings.

Mineral Processing Research & Development

Lithium Processing Technology

Stage I of the development of the Company’s lithium processing technology, in collaboration with Iconic Minerals (TSX-V: ICM), was completed in the first half of 2019 (See July 24, 2019 Press Release). Following the delivery of the Stage I independent report to ICM, St-Georges has accelerated the work and obtained results on many tasks that are part of Stage II and Stage III of the planned development.

On-going testing has confirmed, so far, the portability of the process developed for sediments to hard rock sources of lithium. 

The Company is looking at opportunities to apply its technologies to other advanced mining projects, in particular, ones that currently produce spodumene concentrate, but have not yet decided to build an expensive tech plant for refining. Potential adopters of the technology have been identified, and discussions initiated. In addition, the Company is looking at the potential to retrofit existing facilities. Management will update the public on the status of these discussions when materiality requires it.

St-Georges filed the final documentation with the US Patent Office allowing its patent application to move from its provisional status to the formal patent application stage. The Company also filed a PCT application for the same patent potentially giving it protection in an additional 152 countries. The final version of the patent application now allows for the recovery of lithium from recycled batteries. St-Georges intends to position itself as an ideal partner to provide strategic materials to the battery industry, which includes recycling and recovery of the new generation of batteries, including solid-state batteries. Additionally, this patent application covers recycling as well as lithium metal and alloys manufacturing.

Pilot Plant(s)

St-Georges’ management and the metallurgical team have worked on the design, the sourcing of equipment, and the financial aspects of its proposed pilot plant for the better part of the last six months. In an effort to lower the risk of the proposal, the team has initiated discussions with ready-built facilities with extra capacity. This could allow St-Georges to build its pilot plant’s processing circuit faster with only minor modifications to the ready-built facilities. Early estimates confirm that capital expenditure should only be a fraction of the original budgeted cost as the Company will be leasing the facilities long-term. The Company expects to have secured an agreement for the pilot plant facilities in Q2 2020. 

Mineral Exploration

Julie Nickel Project

Following last year’s fieldwork, the Company’s geological team and exploration sub-contractors are planning additional drilling on the Julie Nickel property. The exploration plan for the coming years will be presented to the local stakeholders and First Nations in Q1, and the updated permitting request should be filed by Q2 for work in early summer. Additional bulk sampling should be performed to advance a nickel-iron initiative by the Company’s metallurgical team.

Preliminary discussions are on-going with a ferronickel consortium planning a project in Quebec.

Manicouagan Palladium-Rhodium Project

Much like the Julie Project, the Manicouagan Project has nickel and copper that meets the conventional concentrates requirements based on the type of sulphates it contains. Additionally, the recrystallized nature of this region lends itself to higher recoveries of each crystal form and better conversion.

The presence of well-known high-grade Palladium-Rhodium-Ruthenium surface showings (See January 27, 2020, Press Release), regardless of size, allows St-Georges to significantly reduce its costs to acquire PGE concentrate material for metallurgical bench testing of its processing and refining metallurgical process for Palladium-Rhodium-Ruthenium. 

St-Georges exploration team is planning a pre-drilling surface campaign to obtain permitting to intervene on-site in mid-summer. At the same time, St-Georges’ management is having early-stage discussions with potential farm-in or earn-in partners to advance the project at a faster pace.

Borealis EHF

The hybrid decentralized and distributed ledger-driven derivative trading platform is coming together at a good pace. Regulatory discussions are now in control of the timeline for the delivery of the platform.

Islensk Vatnsorka Hf – Iceland Hydro-Electric Dam Project

Islensk informed the Company that the permitting process is moving within the expected timeline and according to expectations. The Company still believes that the project will be fully permitted by the end of 2020. 

Iceland Resources EHF/St-Georges Iceland ltd

On August 21, 2019, the Icelandic authorities approved St-Georges’ previously disclosed work program for the coming year (See March 2, 2019 Press Release). The core projects have seen a fair share of exploration work, while some secondary projects have been repeatedly delayed due to extreme weather conditions in northern and eastern Iceland.

Work on the Thor Gold Project has brought it to drill-ready status. Surface rights and environmental conditions are no longer problematic, and the Company has requested a legal opinion to confirm that it can drill on the sole basis of its central government license.

The Company did, however, take samples at Thor during the winter season that are currently being analyzed. The Company is now preparing a bulk sample program at Thor. The material will be sent to be processed in Canada as soon as the weather allows it sometime in Q2.

The Company is currently in discussions to acquire the balance of the surface rights that escape its ownership on the project and is looking to acquire the last portion equity own by a third party in the Thor Gold Project.

Status of other holdings

The Company currently holds the following assets as of January 31, 2020.

Vilhjalmur Thor Vilhjalmsson, President and CEO of St-Georges, commented: “(…) the last six months have been for the Company both challenging but exciting. With the successful listing of ZeU Crypto Networks Inc., the sale of KOTN, funding above market prices, and now faster-than-expected progress in regards to the pilot plant, the team has shown its capabilities to deliver.”

___________________________________________________________________________

ON BEHALF OF THE BOARD OF DIRECTORS

“Vilhjalmur T. Vilhjalmsson”

VILHJALMUR THOR VILHJALMSSON, PRESIDENT & CEO

About St-Georges 

St-Georges is developing new technologies to solve some of the most common environmental problems in the mining industry. The Company controls directly or indirectly, through rights of first refusal, all the active mineral tenures in Iceland. It also explores for nickel-copper-cobalt and Palladium-Palladium-Rhodium-Ruthenium on the Julie Nickel Project & the Manicouagan Palladium-Rhodium Project on the Quebec’s North Shore. Headquartered in Montreal, St-Georges’ stock is listed on the CSE under the symbol SX, on the US OTC under the Symbol SXOOF and on the Frankfurt Stock Exchange under the symbol 85G1.

The Canadian Securities Exchange (CSE) has not reviewed and does not accept responsibility for the adequacy or the accuracy of the contents of this release.

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#ZeU – Legacy Databases Applications Can Now Be #Blockchain Enabled $SX $SX.ca $SXOOF

Posted by AGORACOM-JC at 4:31 PM on Thursday, December 5th, 2019
  • ZeU Crypto Networks Inc., has filed a new provisional patent entitled “Method and System for Converting Database Applications into Blockchain Applications.”
  • The new IP provides a convenient method for combining traditional applications with blockchain technology.

Montreal – December 5, 2019 – St-Georges Eco-Mining Corp. (CNSX:SX.CN) (OTC:SXOOF) (FSE:85G1) is pleased to announce that its subsidiary, ZeU Crypto Networks Inc., has filed a new provisional patent entitled “Method and System for Converting Database Applications into Blockchain Applications.” The new IP provides a convenient method for combining traditional applications with blockchain technology.

This method does not require any modifications to existing applications. On the database layer, we directly ensure data in the database maintains synchronization with the data in the blockchain. Traditional enterprise applications are database-based applications, and all business services are built upon relational or non-relational databases. A common problem in the process of migrating from enterprise applications to blockchain applications is that the overall structure of blockchain is very different from traditional enterprise applications. Enterprise applications must be significantly modified or even rewritten to fit the structure of blockchain’s logic.

This patent provides a method and system for converting database-based applications into blockchain-based applications; multiple applications on different nodes can automatically perform global data consensus to prevent data conflicts. The basic method is to monitor the database written by applications, extract data operations from transaction logs, convert the data operations to a general format, and activate the smart contract on the blockchain to complete the data consensus check at multiple nodes. Each node monitors the blocks on blockchain and synchronizes the data back to the database. In the case of conflicting or illegal data, the data is not able to pass consensus and synchronize with the other nodes in the blockchain. The local nodes automatically roll back when detecting invalid data.

Example 1: Electrical Certificate

In this case, when a record is generated locally, and it needs to be retrieved later for confirmation, such as legal documents, bank orders, etc. Traditionally a centralized database has been used to store the data and validate the conflicts. With the method in this patent, traditional database-based apps could be easily converted to a blockchain-based decentralized system and expanded to multiple organizations.

In a traditional environment, all apps must be based on the same database to store and verify the data. With the method in this patent, there is no need to modify the app code, insert the BC-DB adapter layer between the database and the blockchain in each node, and then select the fields in the database to automatically synchronize to all other databases through the blockchain. If there is a data conflict, the adapter resolves it. All the changes from DB1 and DB3 are synchronized to DB2, and APP 2 could query all confirmed data.

Example 2: Supply Chain

For supply chain scenarios, there may be different participants, like part suppliers, manufacturers, logistic companies, retailers, banks, etc. Product info data needs to be shared between different organizations. Suppliers write records for parts supplied to the manufacturer. Manufacturers write product information and which parts were used for which product. Logistic companies write details regarding product transportation. Retailers write product sales information. The bank needs all the aforementioned information to issue loans.

By adding an adapter beside each database, the databases on different nodes could be synchronized and achieve impressive results. The supply company knows the inventory of the manufacturer. It thus could prepare parts in advance, thereby shortening the lead-time. The logistic company could get the product data even if it is still at the manufacturer, and can arrange vehicles in advance. The manufacturer receives the retail data to help plan the manufacturing cycle to better suit market needs. The bank could receive all the data from the different nodes to detect potential fraud and issue loans to participants.

St-Georges Eco-Mining Other Corporate Matters

Amended listing statement for ZeU

St-Georges subsidiary, ZeU Crypto Networks Inc, has filed today an amended listing statement with the Canadian Securities Exchange that takes into account the recent changes in short-term debt ratios that were previously holding the process. Management will keep its shareholders informed on the progress when material information becomes available.

Missing & Incorrect Information from Latest Press Release

St-Georges would like to correct a mistake include in the December 1, 2019 Press Release “Closing of First Tranche of Financing.” Some versions of the press release were disseminated with the wrong amount being raised. The total amount raised is $500,100, while the erroneous release mentioned $501,100. Additionally, one insider subscribing in the private placement was omitted from the list. Enrico Di Cesare, a director and insider of the company, subscribed to 300,000 units of the placement for a total of $30,000.

ON BEHALF OF THE BOARD OF DIRECTORS

“Frank Dumas”

FRANK DUMAS

DIRECTOR & COO, ST-GEORGES ECO-MINING

PRESIDENT & CEO, ZEU CRYPTO NETWORKS.

The Canadian Securities Exchange (CSE) has not reviewed and does not accept responsibility for the adequacy or the accuracy of the contents of this release.

Copyright (c) 2019 TheNewswire – All rights reserved.

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