Posted by AGORACOM
at 1:25 PM on Friday, June 12th, 2020
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These trials will help steer business investment decisions in future years
The benefits from trials so far include:
Health and safety improvements for employees underground: EVs are much quieter than diesel vehicles and produce less heat and zero exhaust emissions. “From an operator comfort perspective, EVs are certainly an improvement,â€
Cost savings: EVs can reduce underground ventilation demands and the associated operating and capital expenditure
Environmental benefits: EVs contribute to the reduction of greenhouse gas emissions.
By the end of 2020, Vale hopes to have upward of 20 battery-powered vehicles operating within its North Atlantic operations, according to Alex Mulloy, Mining Engineer within Vale’s Base Metals Technology and Innovation division.
The plan is for the electric vehicles (EVs) to be operating on a trial basis at its Creighton, Coleman, Copper Cliff, Garson and Thompson mines by the end of the year, with the company having already made significant headway on achieving this goal.
Mulloy said the green vehicles are going to be evaluated with feedback from operations, as well as operating data, to help Vale understand how they perform in terms of reliability, functionality and the benefits they can offer our people and the business.
The benefits from trials so far include:
Health and safety improvements for our employees underground: EVs are much quieter than diesel vehicles and produce less heat and zero exhaust emissions. “From an operator comfort perspective, EVs are certainly an improvement,†Mulloy said;
Cost savings: EVs can reduce underground ventilation demands and the associated operating and capital expenditure; and
Environmental benefits: EVs contribute to the reduction of greenhouse gas emissions.
“EVs certainly complement the efforts of the business in terms of greenhouse gas and carbon reduction,†Mulloy said. “It’s a great technology. Not only does it enable operational benefit and improvement, it also contributes to our greater goals of reducing our emissions and the impact on the environment.â€
Natalie Kari, Principal Engineer, Strategic Electric Vehicle Implementation, said: “Exhaust emissions from diesel engines are one of the larger contributors to environmental pollution. EVs are an opportunity to increase safety by improving operating conditions and creating a safe work environment. Reducing noise, vibrations, heat, greenhouse gas emissions, and diesel particulate matter, while improving air quality, contributes to creating an attractive work environment for top talent.
“With increased challenging mine conditions at depth, EVs also provide an opportunity to sustain productivity by enabling mines to produce in areas that otherwise may not be feasible without these benefits, contributing towards mining for years to come.â€
These trials will help steer business investment decisions in future years, according to Mulloy.
“Over the coming months, a number of large prime mover vehicles will be delivered,†he said. “When those vehicles arrive, it will be an exciting step in the journey because most of the question marks around the performance of EVs relate to the large vehicles, so that’ll be a chance for us to really put this technology to the test.â€
Kari added: “Our company’s next major steps include collaborating with internal and external industry stakeholders towards safe implementation, comprehensive trial data collection and validation of a robust model towards a final approved five-year implementation strategy. With any new technology, investment in our people will be a priority to ensure they are equipped with the tools necessary for successful operation and maintenance.
“It is thrilling to be a part of leading this effort in a time of increased innovation and environmental awareness,†she continued. “The movement from traditional diesel to electric vehicle brings a feeling of social pride in creating a healthier workplace.â€
Posted by AGORACOM
at 10:07 AM on Thursday, June 11th, 2020
The Imbo inferred mineral resource increased by 49% to 2.5 million ounces (30.65 million tonnes grading 2.54 g/t Au). 76.29% of this gold resource is attributable to Loncor via its 76.29% interest in the Imbo Project.
76.29% of this gold resource is attributable to Loncor via its 76.29% interest in the Imbo Project.
A planned drill program will look to add to the Adumbi resource over the next twelve months.
TORONTO, June 10, 2020 (GLOBE NEWSWIRE) — Loncor Resources Inc. (“Loncor” or the “Company“) (TSX: “LN”; OTCQB: “LONCF”) announces that it has filed on SEDAR an independent National Instrument 43-101 technical report (the “Technical Reportâ€) relating to the Company’s Imbo Project, in particular, the updated gold mineral resource estimates for the Imbo Project reported in the Company’s April 17, 2020 press release. The Technical Report, which was prepared by Minecon Resources and Services Limited, has an effective date of April 17, 2020 and is entitled “Independent National Instrument 43-101 Technical Report on the Imbo Project, Ituri Province, Democratic Republic of the Congo”.
Highlights from April 17, 2020 press release confirmed in Technical Report:
The Imbo Project inferred mineral resource increased by 49% to 2.5 million ounces of gold (30.65 million tonnes grading 2.54 g/t Au). 76.29% of this gold resource is attributable to Loncor via its 76.29% interest in the Imbo Project.
Within the Imbo Project, the Adumbi deposit inferred mineral resource increased by 61% to 2.19 million ounces of gold (28.97 million tonnes grading 2.35 g/t Au) (the Adumbi deposit is one of the three deposits at Imbo currently with a resource).
A planned drill program will look to add to the Adumbi resource over the next twelve months.
The Imbo mineral resources are in addition to Loncor’s resources at its Makapela Project (which is 100%-owned by Loncor) where there is an indicated mineral resource of 614,200 ounces of gold (2.20 million tonnes grading 8.66 g/t Au) and an inferred mineral resource of 549,600 ounces of gold (3.22 million tonnes grading 5.30 g/t Au).
Arnold Kondrat, CEO of Loncor, stated: “This filing of the 43-101 represents the culmination of many years of persistence by the Loncor team in the Ngayu greenstone belt. We believe this region is one of the few remaining areas around the world where Tier 1 gold deposits can still be discovered, built and mined profitably as shown by Barrick Gold at the Kibali mine. Over the next 12 months, Loncor will look to drive forward with a drill program at the Adumbi deposit, with the aim of significantly increasing the current resource, while simultaneously awaiting with interest news on the imminent drilling program at the drill targets defined by our Joint Venture partner Barrick Gold.â€
About Loncor Resources Inc. Loncor is a Canadian gold exploration company focussed on the Ngayu Greenstone Belt in the North East of the Democratic Republic of the Congo (the “DRCâ€). The Loncor team has over two decades of experience of operating in the DRC. Ngayu has numerous positive indicators based on the geology, artisanal activity, encouraging drill results and an existing gold resource base. The area is 220 kilometres southwest of the Kibali gold mine, which is operated by Barrick Gold (Congo) SARL (“Barrickâ€). In 2019, Kibali produced record gold production of 814,000 ounces at “all-in sustaining costs†of US$693/oz. Barrick has highlighted the Ngayu Greenstone Belt as an area of particular exploration interest and is moving towards earning 65% of any discovery in 1,894 km2 of Loncor ground that they are exploring. As per the joint venture agreement signed in January 2016, Barrick manages and funds exploration on the said ground at the Ngayu project until the completion of a pre-feasibility study on any gold discovery meeting the investment criteria of Barrick. In a recent announcement Barrick highlighted six prospective drill targets and are moving towards confirmation drilling in 2020. Subject to the DRC’s free carried interest requirements, Barrick would earn 65% of any discovery with Loncor holding the balance of 35%. Loncor will be required, from that point forward, to fund its pro-rata share in respect of the discovery in order to maintain its 35% interest or be diluted.
In addition to the Barrick JV, certain parcels of land within the Ngayu project surrounding and including the Makapela and Adumbi deposits have been retained by Loncor and do not form part of the joint venture with Barrick. Barrick has certain pre-emptive rights over the Makapela deposit. Loncor’s Makapela deposit (which is 100%-owned by Loncor) has an indicated mineral resource of 614,200 ounces of gold (2.20 million tonnes grading 8.66 g/t Au) and an inferred mineral resource of 549,600 ounces of gold (3.22 million tonnes grading 5.30 g/t Au). Adumbi and two neighbouring deposits hold an inferred mineral resource of 2.5 million ounces of gold (30.65 million tonnes grading 2.54 g/t Au), with 76.29% of this resource being attributable to Loncor via its 76.29% interest in the project.
Resolute Mining Limited (ASX/LSE: “RSG”) owns 26% of the outstanding shares of Loncor and holds a pre-emptive right to maintain its pro rata equity ownership interest in Loncor following the completion by Loncor of any proposed equity offering.
Additional information with respect to Loncor and its projects can be found on Loncor’s website at www.loncor.com.
Qualified Person Peter N. Cowley, who is President of Loncor and a “qualified person” as such term is defined in National Instrument 43-101, has reviewed and approved the technical information in this press release.
Technical Reports Additional information with respect to the Company’s Imbo Project is contained in the technical report of Minecon Resources and Services Limited dated April 17, 2020 and entitled “Independent National Instrument 43-101 Technical Report on the Imbo Project, Ituri Province, Democratic Republic of the Congo”. A copy of the said report can be obtained from SEDAR at www.sedar.com.
Posted by AGORACOM-JC
at 10:01 AM on Thursday, June 11th, 2020
While investing in small cap companies comes with certain inherent risks, it’s not high stakes, low chance gambling. In fact, practically every billion-dollar large cap company started off as a penny stock.
For the savvy retail investor or day trader, they know full well that emerging financial technology-based companies have, for the past two decades-plus, offered the highest returns with relatively low risk mitigation…even despite the dot com bubble crash of the early 2000’s.
Today, a lot of smart money is funneling into forward-thinking companies that are fulfilling an immediate need to provide real world solutions to identity fraud and creating value through data validation.
Now, an innovative, Toronto-based company is making real things happen to protect consumers, companies, and capital.
KABN (pronounced ‘Cabin’) Systems NA (CSE:KABN, Forum) is already on the forefront of developing cutting-edge blockchain-supported and biometric customized identity solutions software. Bear in mind, this fintech company is not in conflict or cooperation with companies trying to use your data. They are the protectors of your data. Here’s how they do it.
Their world-class suite of products and services work seamlessly across all channels and, most importantly, all demographic groups. Simply put, KABN’s software apps and digital banking processes can work for everyone.
KABN works differently than other companies in this space. How? They offer a unique, comprehensive, and integrated suite of identity, financial, and loyalty services.
Here’s the starting lineup. Liquid Avatar – powered by KABN ID – provides an ‘Always On’, biometrically-based, privacy-compliant, identity validation and verification platform which enables users to continuously and confidently prove themselves to the online community, exchanges, and other services. KABN ID is the backbone to its financial, loyalty, and engagement solutions including the KABN Prepaid Card program and KABN KASH – an innovative cash-back program where users are connected to online merchants for savings when they shop.
(Click image to enlarge. *Estimates are for the North American market ONLY.)
Why Digital Identity Matters
Identity is what makes people unique, but since the inception of the internet, digital identity has often been an afterthought. With today’s acceleration of online commerce, education, healthcare, government, and other services tailored to the individual, digital identity and the data that surrounds it is online “goldâ€. KABN says they believe that ownership of identity is a “basic human right and individuals should be the primary beneficiary of any use of their identity.†This is what sets KABN apart.
In the conventional world, it’s easy to prove who you are either by visual or traditional identity verification. It’s a process that most people are accustomed to following.
In today’s digital world, it’s not that easy to prove “you are youâ€. Identity verification is managed on a site-by-site basis and users are often required to deliver sensitive documents to unknown third parties, potentially reducing the value of their identity and increasingly exposing themselves to the risk of identity fraud.“KABN believes that ownership of identity is a basic human right and individuals should be the primary beneficiary of any use of their identity.â€Digital Identity “Frictionâ€
In the digital data world, it’s all about the pennies, nickels, dimes, and quarters and the ability to passively and actively generate revenues through everyday consumer activities. The Company says that, at present, the digital identity space has not satisfactorily addressed both the consumer and commercial stakeholder needs. Both are vital to consider, and these include:
Consumer Identity Needs…
to make ID verification reusable
to put me in control of my private data
to help me manage my public data
to reduce identity fraud
Commercial Identity Needs…
to reduce friction of screening consumer users
to simplify user verification
to streamline compliance resources
to manage user Personally Identifiable Information (PII) efficiently
KABN’s Suite of Solutions: KABN ID, Liquid Avatar, the KABN Prepaid Visa card, and KABN KASH.
KABN ID
KABN ID is a proprietary, blockchain, and biometrically-based digital identity verification platform for both commercial clients and consumers users. KABN ID is a complete shift in thinking for identity validation as KABN ID provides a reusable, bank-grade identity verification for the individual user, at no cost to the consumer.
KABN ID is a global 24/7/365 verified online ID that is controlled by the client. The online identity service that is regulatory compliant, blockchain and biometrically-based, and is available at no cost to the consumer.
Users own and control the use of their verified identification, no personally identifiable information is ever transferred without authorization, and it provides organizations with an “Always On†KYC / AML (Know Your Customer / Anti Money Laundering) validation and verification process.
Liquid Avatar
Data is indeed the new “goldâ€. As users are presented value offerings and other services based on their public data profiles and system generated data, KABN, in turn, offers information services that are delivered directly to the user. User data is never sold or rented and remains part of the KABN Network.
A Liquid Avatar is a multi-layered, visual technology icon or token that contains information that can be linked, authenticated, and shared. When you share a Liquid Avatar, you automatically attach public data that will allow permission-based private data to be authenticated.
Liquid Avatars include a Visual or Presentation Layer – Public Data Layer, Private Data Layer, and a Security and Authentication Layer.
KABN Prepaid Visa Card
As part of KABN’s commitment to providing its Customers with innovative, permission-based values, KABN is introducing its first financial services program, the KABN Prepaid Visa card and Mobile Banking Wallet program that supports both digital and traditional currencies.
KABN Prepaid Visa cardholders will be able to spend in-store, online, and access ATMs globally, wherever Visa is accepted.
KABN Card Features include:
a digital currency-linked prepaid Visa card
a multiple currency banking wallet
KABN KASH cashback program and other innovative services
and, global access – anywhere that Visa is accepted worldwide.
KABN KASH KABN KASH is a robust engagement portal which includes a cash-back program. Here users are able shop at some of North America’s top online merchants and receive cash back on their KABN Card. Customers will also receive updates on special offers and unique deals exclusive to KABN KASH.
KABN KASH Features include:
an exclusive customer portal
cashback rewards
special offers
exclusive opportunities & experiences
and instant savings alert messaging.
In the News: “KABN Systems to take over Torino Power Solutionsâ€
Kabn Systems North America – a fintech company leveraging biometric ID verification – has signed an agreement with Torino Power Solutions to execute a reverse takeover (RT) as it prepares to launch a digital banking and financial services platform.
The platform will consist of continuous ID validation and verification processes. These include:
Liquid Avatar – powered by KABN ID – which is based on biometrics and blockchain
the KABN Prepaid Visa Card, which acts as a payment card and digital wallet for multi-currency transactions with digital or fiat currencies
and KABN KASH, a loyalty and customer engagement platform.
The technology is just not cool…it’s comprehensive.
From the Executive Team
In a lively and informative interview with Stockhouse Editorial, KABN’s Chief Executive Officer, Ben Kessler talked about a variety of timely Company happenings, including not only the experience but the innovative ideas they’re bringing to the digital identity management space. Ben Kessler commented:
“Our focus is on our three core strengths – Reach, a Unique Business Approach and Team. With our senior management team, I think the great thing we all bring is some extremely strong skillsets and experiences and we all see things, in some ways, slightly different. And that’s a good thing.â€
Kessler also highlighted the three unique attributes that he believes will make KABN successful:
“First, our reach. It covers 100 percent of the addressable online market which is approximately 300 million people in North America, so we don’t have to go looking to provide a service to people who may not want it. Identity is becoming more important. Second, we have a unique business approach. We want to empower consumers to manage and control their identity and find ways to create value and opportunity from that identity. Our business is to empower constituents and commercial clients, as well. The third thing is, we’ve just got a simply outstanding team. We’ve all been doing this for a lot of years and in my career, I’ve never had a better crew of people that I’ve ever worked with. We’ve got a great team and advisors that are all uniquely focussed on succeeding.â€
In Closing
There aren’t a lot of companies like KABN that offer a unique ground-floor investment opportunity in one of the most vital sectors of the New Economy – digital identity protection. The team says they’re excited and completely engaged in doing what’s best for investors, and it shows. Afterall, isn’t that what it’s all about? Bringing ‘value and opportunity’ to one of the most blue-sky digital global markets available today.
Posted by AGORACOM
at 9:52 AM on Thursday, June 11th, 2020
SPONSOR: Mota Ventures Corp is an established natural health products company focused in the CBD and psychedelic medicine sectors. Through their powerful eCommerce business, Mota is a leading direct-to-consumer provider of a wide range of natural health products throughout the United States and Europe. Click Here for More Info
In a new study, Johns Hopkins Medicine researchers analyzed the brain scans of people after they took psilocybin, the active compound in psychedelic (magic) mushrooms, to see what happens in the brain when people are on psychedelics.
The team focused on a part of the brain known as the claustrum, taken from the Latin word for “hidden or shut away.†The claustrum is an extremely thin sheet of neurons deep within the cortex, yet it reaches out to every other region of the brain.
Its true purpose remains “hidden away†as well, with researchers speculating about its functions. For example, Dr. Francis Crick, the British biologist and neuroscientist who proposed the double helix structure of the DNA molecule, believed that the claustrum was the seat of consciousness, responsible for awareness and sense of self.
What is known is that this region contains a large number of receptors targeted by psychedelic drugs such as LSD or psilocybin.
To see what happens in the claustrum when people are on psychedelics, the researchers compared the brain scans of people after they took psilocybin with their scans after taking a placebo.
The scans after psilocybin use showed that the claustrum was less active, meaning the area of the brain believed responsible for setting attention and switching tasks is turned down when on the drug.
The researchers say that this ties in with what people report as typical effects of psychedelic drugs, including feelings of being connected to everything and reduced senses of self or ego.
“Our findings move us one step closer to understanding mechanisms underlying how psilocybin works in the brain,†says Frederick Barrett, Ph.D., assistant professor of psychiatry and behavioral sciences at the Johns Hopkins University School of Medicine and a member of the school’s Center for Psychedelic and Consciousness Research.
“This will hopefully enable us to better understand why it’s an effective therapy for certain psychiatric disorders, which might help us tailor therapies to help people more.â€
Because of its deep-rooted location in the brain, the claustrum has been difficult to access and study. Last year, Barrett and his colleagues at the University of Maryland, Baltimore, developed a method to detect brain activity in the claustrum using functional magnetic resonance imaging (fMRI).
In this study, the researchers used fMRI with 15 people and observed the claustrum brain region after the participants took either psilocybin or a placebo. They found that psilocybin reduced neural activity in the claustrum by 15% to 30%.
This reduced activity also appeared to be linked to the stronger subjective effects of the drug, such as emotional and mystical experiences. The team also found that psilocybin changed the way that the claustrum communicated with brain regions involved in hearing, attention, decision-making and remembering.
With the highly detailed imaging of the claustrum provided by fMRI, the researchers hope to look at this mysterious brain region in people with certain psychiatric disorders such as depression and substance use disorder.
The aim of this research would be to see what roles, if any, the claustrum plays in these conditions. The team also plans to observe the claustrum’s activity when under the influence of other psychedelics, such as salvinorin A, a hallucinogen derived from a Mexican plant.
The findings are published online in the journal NeuroImage.
Posted by AGORACOM
at 8:19 AM on Wednesday, June 10th, 2020
Revenue for the month of May totaled Cdn$5,141,000, representing an increase of 110% compared to May 2019
23,141 new customers during the month of May 2020
VANCOUVER, BC, CANADA / ACCESSWIRE / June 10, 2020 / Mota Ventures Corp. (CSE:MOTA) (FSE:1WZ1)(OTC PINK:PEMTF) (the “Company“) the Company’s subsidiary, Nature’s Exclusive, an eCommerce provider of CBD products to consumers in the United States, is pleased to announce an all-time monthly revenue record achieved during May 2020. Revenue for the month of May totaled Cdn$5,141,000, representing an increase of 110% compared to May 2019. Expenses totaled Cdn$4,992,000 for the month, representing a gross profit of Cdn$149,000 for May 2020.
The Company’s investment in customer acquisition continues to yield benefits with the brand acquiring 23,141 new customers during the month of May 2020. The Company’s strong ability to continue to acquire and retain new customers for its products continues to accelerate. As consumers continue to seek natural health product solutions, the Nature’s Exclusive brand is well positioned to offer consumers quality and convenience.
NATURE’S EXCLUSIVE CBD BRAND LEADING THE WAY
The Company’s Nature’s Exclusive brand offers a CBD hemp-oil formulation intended to provide users with the therapeutic benefits that hemp may offer. The hemp oil used in the products is derived from hemp grown and cultivated in the United States. The extraction process is designed to maintain all the beneficial qualities that hemp may offer. Nature’s Exclusive offers a range of products, which include CBD oil drops, CBD gummies, CBD pain relief cream, CBD skin serum and CBD coffee.
“I am very pleased our Nature’s Exclusive brand achieved another monthly sales record. We continued to expand in the United States, and our outlook for the second half of fiscal 2020 is very positive. We remain on track to achieve our goals for 2020 despite the recent economic turmoil,” stated Ryan Hoggan, CEO of the Company.
We encourage readers to visit www.motaventuresco.com to view our brands and sign up to our newsletter.
The Company cautions that figures for revenue, expenses and margin generated from the sale of Nature’s Exclusive products in fiscal year 2020 have not been audited, and are based on calculations prepared by management. Actual results may differ from those reported in this release once these figures have been audited. These figures were translated from US dollars into Canadian dollars using the Bank of Canada monthly average exchange rate of US$1.00:Cdn$1.397 for May 2020 and US$1.00:Cdn$1.3459 for May 2019.
About Mota Ventures Corp.
Mota Ventures is an established eCommerce, direct to consumer provider of a wide range of natural health products including CBD and psychedelic medicine products in the United States and Europe. In the United States, the company sells a CBD hemp-oil formulation derived from hemp grown and formulated in the US through its Nature’s Exclusive brand. Within Europe, its Sativida brand of award winning 100% organic CBD oils and cosmetics are sold throughout Spain, Portugal, Austria, Germany, France, and the United Kingdom. In Germany, Verrian currently produces natural psilocybin extract capsules under the PSI GEN and PSI GEN+ brand. Mota Ventures is also seeking to acquire additional revenue producing CBD brands and operations in both Europe and North America, with the goal of establishing an international distribution network for CBD products. Low cost production, coupled with international, direct to customer, sales channels will provide the foundation for the success of Mota Ventures.
ON BEHALF OF THE BOARD OF DIRECTORS MOTA VENTURES CORP.
Ryan Hoggan Chief Executive Officer
For further information, readers are encouraged to contact Joel Shacker, President at +604.423.4733 or by email at [email protected] or www.motaventuresco.com
Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this press release, which has been prepared by management.
IPNFF CEO Alen Paul Silverstein will be sharing the latest updates on the company’s Augmented Reality technologies, new partnerships, and growth opportunities for a post-COVID world.
Warren Buffet and Sheldon Inwentash
Alen will be joined by IPNFF’s Chairman, Sheldon Inwentash, the legendary investor and philanthropist, called the “Warren Buffet of Canadaâ€. Sheldon Inwentash is also Chairman and CEO of ThreeD Capital Inc (CSE: IDK) and has created billions of dollars in shareholder wealth over a 30 year career, spanning from biotech to natural resources, to today’s cutting edge technologies, including AR, blockchain and e-sports. Sheldon will share his insights into why he invested in IPNFF and why he believes this stock will be his next major winner.
Tags: AR, augmented reality, CSE, small cap, tsx-v Posted in All Recent Posts, Featured, Imagine AR | Comments Off on You’re invited! – Investors Discovery Day Featuring: Imagine #AR $IP.ca – An Augmented Reality Platform Allowing Businesses to Easily Launch AR Campaigns – LIVE STREAM
Posted by AGORACOM
at 10:52 AM on Tuesday, June 9th, 2020
SPONSOR: American Creek owns a 20% Carried Interest to Production at the Treaty Creek Project in the Golden Triangle. 2019’s first hole averaged 0.683 g/t Au over 780m in a vertical intercept. 2020 drilling has started, with 18,000 to 20,000 metres from 7-10 drill platforms with four diamond drill rigs. The Treaty Creek property is located in the same hydrothermal system as the Pretivm and Seabridge’s KSM deposits and is fully funded for exploration in 2020. Click Here For More Info
Located next to the world’s largest undeveloped gold deposit by reserves in B.C.’s Golden Triangle (KSM)
Drilling has started 1 month early
There are already holes shipped off to the lab for assays.
American Creek has a Fully Carried 20% Interest in the Treaty Creek Project
The currently known length of the northeast axis of the Goldstorm system is 850 meters and the southeast axis is 600 meters by 700m depth.
Mineralization depth in the north continues to 1,200m when the drills gave out
The system remains open in both directions and in depth
The total size of this mighty gold system has expanded significantly with each step-out borehole
AMK Partner Tudor is planning a step-out of 150 meters to the east and the north in 2020.
The richest mineralization at ‘Treaty Creek’ starts near the surface extending to a 300m depth, which clearly speaks for a future open pit mine.
The gold system is open on all sides and the geology and geophysics indicate a much larger system than has been defined.
The Treaty Creek Project is a Joint Venture with Tudor Gold owning 3/5th and acting as operator. American Creek and Teuton Resources each have a 1/5th interest in the project creating a 3:1 ownership relationship between Tudor Gold and American Creek. American Creek and Teuton are both fully carried until such time as a Production Notice is issued, at which time they are required to contribute their respective 20% share of development costs. Until such time, Tudor is required to fund all exploration and development costs while both American Creek and Teuton have “free rides”.
Demand for world-class projects in politically stable regions such as Canada and Australia will increase significantly. Projects such as’ Treaty Creek ‘by Tudor Gold should be at the top of the big producers’ shopping list
JS Research from Germany just came out with a report on Treaty Creek and American Creek’s JV partner Tudor Gold, which includes projections for the size and value of the project. Below is the English translation:
TRANSLATED ARTICLE:
Tudor Gold Starts Powerful Drill Program With 22.5 To 32.1 Million Ounces Of Gold Eq Target ++ Billionaire Eric Sprott Invests Another CAD 2.9 Million!
The exploration pearl Tudor Gold Corp. (Ticker Canada: TUD, WKN: A2AJ7Y) we presented you in detail several times last year. Many of our readers can already look forward to exceptional price gains in their securities accounts, since the share has exploded from CAD 0.24 in 2019 to CAD 1.07 in the meantime! A gain of 345%. But that’s not all – we are convinced that Tudor Gold still has very high price potential.
Smart investors are now positioning themselves again at the perfect time – why? We have examined the latest company reports in more detail for you and summarized our assessment:
TOP NEWS 1:
Tudor Gold announced on May 11th (see link here) that the powerful drilling program has started on the flagship Project ‘Treaty Creek’ in BC’s Golden Triangle! The world-class explorer plans to drill a total of 20,000 meters there in the next few months. This means that this year’s drilling program is more than twice as large as last year when 9,781 meters were drilled in 14 holes.
TOP NEWS 2:
100% hit rate for the 2019 drilling program – all 14 holes have hit gold-bearing mineralization! Chapeau to the management team around the experienced CEO Walter Storm, who, as a co-founder of Osisko Mining (market capitalization then rose from under 10 million to over 4.5 billion CAD), had a real golden hand in exploration in Canada!
TOP NEWS 3:
The legendary star investor Eric Sprott has massively expanded his strategic stake in Tudor Gold! The billionaire announced on May 15, 20 that he had exercised two purchase warrants ahead of time and has thus transferred CAD 2.9 million to Tudor. (Read the German press release here: LINK) The smart Eric Sprott knows exactly how to make a lot of money in the raw materials sector! This further investment is a special seal of approval and strong proof of trust in the world-class Explorer Tudor Gold!!! Follow the ‘smart money’ and be there when Tudor Gold writes exploration history!
TOP NEWS 4:
Tudor Gold is one of the few exploration companies that are sufficiently funded to run such a mega exploration program! So there will be a lot of news flow in the next few months, which should cause extreme (positive) share price fantasy!
TOP NEWS 5:
The exploration team around Tudor Gold’s award-winning star geologist and VP Project Development, Ken Konkin , has even managed to start drilling four weeks earlier! This is top news, because the publication of the first drilling results can now be expected much earlier! Ken Konkin was instrumental in the discovery of Pretium Resources’ The Valley of Kings deposit. The very experienced Ken Konkin knows exactly what he is doing – we are expecting another successful exploration program this year!
TOP NEWS 6:
The company has big plans: On April 22, 20, Tudor announced that the metallurgical test work and preliminary basic studies on ‘Treaty Creek’ have started. For us, this is a strong sign that Tudor will continue to develop the project until it is ready for production after the release of a first resource (towards the end of this year?)! You can read the German press release here:
LINK TOP NEWS 7:
The gold price marked a new multi-year high of $ 1,765 in May and is still in a long-term cyclical uptrend. Many experts expect the nominal all-time high of around USD 1,920 to be exceeded in the next few months.
In April, the renowned American Bank of America made a forecast that gold could rise to up to USD 3,000 per troy ounce within 18 months! One of the reasons for the gold price rise is the launch of global economic stimulus programs and the massive expansion of money supply by the major central banks. It is estimated that the staggering $ 10 trillion in new money will be printed or launched on government programs.
These measures are designed to avert a severe recession / depression triggered by COVID-19. It is expected that we will see rapidly increasing inflation rates or even stagflation in the next few years! Gold is and remains one of the safest investments (a so-called ‘safe haven’) for investors in such an environment and offers the ultimate protection against inflation-related devaluation.
Gold stocks traditionally have significant leverage against gold. This means that if the gold price trend is positive, they will increase significantly more in percentage terms. Experience has shown that the typical leverage effect of a gold share is 1.5 to 4x. (A 1% price increase in gold usually means an increase of 1.5 to 4% for shares in the gold sector). Not so with Tudor Gold: the exploration company even had a much stronger lever on the gold price in 2019! It was a strong 12.6x in 2019! The stock increased from $ 0.24 to $ 0.79 from January 2, 2019 to December 31, 2018. This corresponds to a percentage increase of 229.2%. The gold price rose by only 18.1% over the same period. Tudor Gold’s leverage was 12.6x (calculation formula: 229.2: 18.1 = 20.5). [Gold lever Tudor gold]
TOP NEWS 8: Tudor Gold’s drilling results in 2019 are world class! We have listed a few of the most spectacular drill results to date:
Drill hole GS19-42: 0.849 g / t Gold Eq over 780 meters including 1.275 g / t Gold Eq over 370.5 meters in the 300 Horizon section;
Hole GS19-47: 0.697 g / t Gold Eq over 1,081.5 meters including 0.867 g / t Gold Eq over 301.5 meters in the 300 Horizon section;
Drill hole GS19-52: 0.783 g / t gold Eq over 601.5 meters incl. 1.062 g / t gold over 336.0 meters in the 300 Horizon section;
Hole GS19-48: 0.793 g / t Gold Eq over 927.0 meters;
Hole GS19-49: 0.800 g / t gold Eq over 826.5 meters including 1.080 g / t gold over 249 meters;
Hole GS19-50: 0.681 g / t Gold Eq over 577.5 meters; Hole CB-18-39: 1,086 g / t Gold Eq over 563.8 meters
Tudor Gold has already managed to define a significant mineralization corridor on Treaty Creek. The currently known length of the northeast axis of the Goldstorm system is over 850 meters and the southeast axis is at least 600 meters. The system remains open in both directions and in depth!
The total size of this mighty gold system has expanded significantly with each step-out borehole! As can be seen in the recently released press release, Tudor is planning another step-out well 150 meters away in 2020. Not to be painted if a long gold mineralization section is found again! And the best thing is that mineralization at ‘Treaty Creek’ starts near the surface, which clearly speaks for a future open pit mine!
Tudor Gold has therefore defined the so-called ‘Horizon 300 Zone’. This means the area of the first 300 meters from the ground. As you can see in the above results, the ore grades are often even over 1.00 grams of gold per ton! This increases the economy of this world-class project enormously. The gold system is open on all sides and the overall size has not yet been fully defined. Thus, Tudor Gold’s flagship project still has enormous exploration potential!
The company plans to begin producing an initial resource estimate for Treaty Creek immediately after the 2020 drilling season is completed. We took the trouble to simulate a potential resource based on the conceptual exploration target for Treaty Creek of 1 billion tons of rock and various assumptions of ore grades (grams of gold per ton). We would like to emphasize that this simulation is based on an interview by Ken Konkin with Swiss Resource Capital AG in November 2019 and various variable assumptions!
Tudor Gold’s star geologist Ken Konkin, Vice President Project Development, gave an impressive interview in November 2019.
Tudor Gold’s ‘Treaty Creek’ – the next significant world-class project in stable and mining-friendly Canada (BC) [Conceptual exploration target Treaty Creek]
As more and more gold producers have to replace their mined gold resources in order to maintain constant gold production, we believe that demand for world-class projects in politically stable regions such as Canada and Australia will increase significantly. Projects such as’ Treaty Creek ‘by Tudor Gold should be at the top of the big producers’ shopping list. Because the flagship project ‘Treaty Creek’ is close to the infrastructure of roads and electricity in mining-friendly western Canada.
Should Tudor Gold actually manage to prove an initial gold resource of 22-32 million ounces by the end of the year, there would be a highly explosive revaluation of the share! Currently, the market capitalization is only around CAD 137 million. As I said, Tudor Gold has not released a proven resource yet, but the spectacular drill results from 2019 show that the company may be controlling a world-class ore body on Treaty Creek!
We have created a hypothetical valuation matrix for Tudor Gold. If a producer were willing to pay, for example, USD 65 for each ounce of gold after the publication of a gold resource, the value of the gold treasure (eg 20 million ounces) at Treaty Creek would be CAD 1.98 billion. Tudor Gold’s 60% stake in Treaty Creek would have a value of $ 1.19 billion or $ 7.80 per share. This corresponds to a price potential of an incredible 748%!
[Hypothetical assessment of Treaty Creek]
Since Tudor Gold’s Treaty Creek project is located in politically safe Canada, a substantial takeover premium should be extremely realistic if a major is taken over by M&A.
$ 90 per ounce of gold is also easy in the realm of possibility. The takeover value for Tudor Gold would of course be correspondingly higher – in theory it would be approx. 10.80 CAD per share! That is why in previous articles we allowed Tudor Gold a clear potential for excavators. We expect huge news flow from Tudor Gold in 2020, especially for the upcoming drilling season, which will be a combination of ‘infill’ drilling and ‘step-out’ drilling.
In addition, the mineralization zones begin near the surface, which strongly suggests that a large open open- cast mine may develop here. And it is known that Tudor Gold’s flagship project can be connected to a few kilometers away infrastructure (electricity and road).
‘Wild Card’:
Seabridge Gold is the adjacent neighbor to Tudor Gold’s Treaty Creek project and plans to bring the “KSM project” into production. Should this extremely costly mine project, with an initial cost of capital of $ 5.4 billion estimated, ever be financed and go into production, Seabridge plans to build a tunnel directly through Treaty Creek. As can be seen from various company presentations and on the Seabridge website, this so-called ‘ Mitchell Treaty’ tunnel (‘MTT’) is to be used to design an underground train system via which not only ore but also personnel and consumables are to be transported. As we can assess the situation from a distance, the possible tunnel is quite close to the potential Goldstorm gold system on ‘Treaty Creek’ – Tudor Gold will definitely not allow sterilization of your future resource!
In our opinion, this tunnel will only be possible, if at all, under very mutually acceptable conditions and at eye level with Tudor Gold! Otherwise, it would be hard for us to imagine how Seabridge would survive a multi-billion-dollar lawsuit if the planned tunnel ran straight through Tudor Gold’s future (potential) open pit mine.
Tudor’s Treaty Creek project is significantly closer to key infrastructure such as highway and electricity than its neighbor Seabridge Gold. Therefore, gold producers’ interest in Tudor Gold should also be greater. We also expect significantly lower capital costs to build a mine at Treaty Creek.
[Proposed sea bridge tunnel] Source: Seabridge Gold company presentation, July 2019
Summary of Highlights:
Prime location: Huge land package in the world-famous Canadian ‘Golden Triangle’ – more than 72 million ounces of gold have already been discovered within a few kilometers.
The Treaty Creek flagship project is adjacent to the largest world-class deposits and mines. (Seabridge Gold and Pretium Resources)
Top Management – Very experienced and successful team under the leadership of the renowned Walter Storm , co-founder of the Canadian mining company Osisko Mining . Ken Konkin , a multi-award winning geologist, has led the drilling program since 2019. He was instrumental in the discovery of Pretium Resources’ The Valley of Kings deposit. (8 million ounces of gold)
World-Class Drill Results at Treaty Creek Project:
The 2019 drilling program resulted in first-class continuous mineralization sections, for example Drill hole GS19-42: 0.849 g / t Gold Eq over 780 meters including 1.275 g / t Gold Eq over 370.5 meters in the 300 Horizon section;
Hole GS19-47: 0.697 g / t Gold Eq over 1,081.5 meters including 0.867 g / t Gold Eq over 301.5 meters in the 300 Horizon section;
Drill hole GS19-52: 0.783 g / t gold Eq over 601.5 meters incl. 1.062 g / t gold over 336.0 meters in the 300 Horizon section;
Hole GS19-48: 0.793 g / t Gold Eq over 927.0 meters; Hole GS19-49: 0.800 g / t gold Eq over 826.5 meters including 1.080 g / t gold over 249 meters;
Hole GS19-50: 0.681 g / t Gold Eq over 577.5 meters; Hole CB-18-39: 1,086 g / t Gold Eq over 563.8 meters
Enormous exploration potential – large parts of the exploration projects are still largely unexplored.
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The following are some examples of separate risks in the raw materials sector: country risks, currency fluctuations, natural disasters and storms (e.g. floods, storms), changes in the legal situation (e.g. bans on exports and imports, punitive tariffs, prohibition of raw material extraction or exploration, nationalization of projects), environmental regulations (eg higher costs for environmental protection, designation of new environmental protection areas, prohibition of various mining methods), fluctuations in raw material prices and considerable exploration risks. Disclaimer: All information published in the report is based on careful research. The following are some examples of separate risks in the raw materials sector: country risks, currency fluctuations, natural disasters and storms (e.g. floods, storms), changes in the legal situation (e.g. bans on exports and imports, punitive tariffs, prohibition of raw material extraction or exploration, nationalization of projects), environmental regulations (eg higher costs for environmental protection, designation of new environmental protection areas, prohibition of various mining methods), fluctuations in raw material prices and considerable exploration risks. Disclaimer: All information published in the report is based on careful research. The following are some examples of separate risks in the raw materials sector: country risks, currency fluctuations, natural disasters and storms (e.g. floods, storms), changes in the legal situation (e.g. bans on exports and imports, punitive tariffs, prohibition of raw material extraction or exploration, nationalization of projects), environmental regulations (eg higher costs for environmental protection, designation of new environmental protection areas, prohibition of various mining methods), fluctuations in raw material prices and considerable exploration risks. Disclaimer: All information published in the report is based on careful research. 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The information does not constitute an offer to sell the shares discussed or a solicitation to buy or sell securities. This report only reflects the personal opinion of Jörg Schulte and is in no way to be compared with a financial analysis. Before you make any investments, professional advice from your bank is essential. The statements are based on sources that the publisher and his employees consider to be trustworthy. However, no liability can be accepted for the correctness of the content. No liability is assumed for the accuracy of the charts and data on the commodity, foreign exchange and stock markets. The source language (usually English) in which the original text is published is the official, authorized and legally valid version. This translation is included for better understanding. The German version can be shortened or summarized. No responsibility or liability is assumed: for the content, correctness, adequacy or accuracy of this translation. From the translator’s point of view, the message does not constitute a buy or sell recommendation! Read here – https://www.js-research.de/disclaimer-agb/ -. Please also note the original English message, if available. From the translator’s point of view, the message does not constitute a buy or sell recommendation! Read here – https://www.js-research.de/disclaimer-agb/ -. Please also note the original English message, if available. From the translator’s point of view, the message does not constitute a buy or sell recommendation! Read here – https://www.js-research.de/disclaimer-agb/ -. Please also note the original English message, if available.
Posted by AGORACOM-JC
at 2:21 PM on Monday, June 8th, 2020
SPONSOR: Imagine AR Inc. (IP:CSE) (IPNFF:OTCQB) is an Augmented Reality platform that allows businesses to easily launch AR campaigns. Clients Include: NBA Sacramento Kings, Mall of America, AT&T Shape and The Basketball Hall of Fame. The company recently announced partnership with Engaged Nation, an award winning leader in digital engagement marketing for casinos Learn More.
Coronavirus Pandemic Brings New Use Cases for Augmented Reality
An Israeli medical center is using Microsoft HoloLens wearable technology to help teach health-care workers how to operate ventilators
By: Sara Castellanos
Sheba Medical Center in Israel and broadband provider Cox Communications Inc. are among several organizations that have found new uses for augmented reality during the coronavirus pandemic, and they plan to continue using the data-visualization technology beyond the crisis.
“It’s a revolutionary tool,†said Amitai Ziv, director of Sheba Medical Center’s Rehabilitation Hospital and founder of MSR – The Israel Center for Medical Simulation. “We believe we can do a lot with it.â€
Augmented reality superimposes digital content, such as 3-D images or visual instructions, onto a user’s view of the real world. This can be done through mobile devices and wearable headsets such as Microsoft Corp. ’s HoloLens.
Companies for several years have been experimenting with early versions of the technology to design objects such as automobiles and to receive step-by-step manufacturing instructions. The pandemic has increased those use cases to include remote assistance and training because employees and customers are less willing to be in close contact, said J.P. Gownder, vice president and principal analyst at Forrester Research Inc.
Since March, Sheba Medical Center has used five HoloLens 2 headsets to train about 60 physicians, biomedical engineers and nurses on how to operate ventilators for Covid-19 patients, said Ravid Segal, chief technology officer of the MSR – The Israel Center for Medical Simulation, located at Sheba Medical Center. The HoloLens headset uses computer processing and optical projection systems to create digital hologram-like objects that users can see and interact with in their real environment.
In the Sheba Medical Center scenario, medical workers wearing the headset can see a hologram-like rendering of a ventilator superimposed on their real-world view. The headset includes built-in instructions that guide the worker through the process of operating the physical ventilator in front of them. The headset can also be used as a way for doctors in other parts of the hospital to give remote assistance without needing to be physically present but still being able to see what is happening in a patient’s room. Users wearing the headset can connect to a real-time video feed of a doctor in a separate wing of the hospital, which is displayed to the user as a digital image floating in the real-world room. The doctor, using either a HoloLens headset or a mobile device, can also see what the user is seeing in real time.
Before the pandemic, the medical center had already planned to explore the use of augmented reality this year, said Eyal Zimlichman, chief innovation officer at Sheba Medical Center. “With Covid, it reinforced our decision [to use augmented reality] and the understanding that this is a critical tool in health care,†Dr. Zimlichman said.
Microsoft has seen a 13-fold increase in remote assistance usage on HoloLens 2 since January, largely because of social-distancing and lockdown requirements amid the pandemic, said Charlie Han, principal program manager for Microsoft HoloLens.
The number of U.S. employees expected to wear augmented and so-called mixed reality headsets is projected to reach 8.6 million by 2028, up from 25,000 in 2019, according to a November 2019 report by Forrester.
The research firm refers to the virtual overlay of hologram-like, interactive objects onto a user’s view of the real world as “mixed reality,†while the term “augmented reality†refers to static images superimposed onto a user’s view of the real world.
Enterprise adoption of the technology could accelerate in the coming years as companies realize the value of the technology, meaning the forecast could change, Forrester’s Mr. Gownder said. “We have seen a huge increase in enterprise interest in augmented and mixed reality during the pandemic,†he said in an email.
Broadband internet company Cox Communications in March rolled out augmented reality technology to its workforce of more than 5,000 people including home technicians and contractors. “It’s absolutely essential to how we’re operating,†said Len Barlik, chief operations officer. Customers who need help installing internet service, plugging in a modem or setting up WiFi and passwords receive an email or text message with a link to start a virtual call through a software program from Alabama-based technology company Help Lightning Inc.
When customers click on the link using a phone or tablet with a built-in camera, a technician can talk them through the set-up process while being able to see what the customer is seeing. The technician can “draw†a circle or arrow around a particular object, such as a cable, that the customer will be able to see.
Technicians normally have to go inside customers’ homes to perform such service or troubleshooting requests, but the pandemic and social-distancing requirements have prevented that from happening in various states, Mr. Barlik said.
Cox had explored the idea of using the technology in customer service experiments before this year, but the pandemic accelerated the use case for it, Mr. Barlik said.
The Help Lightning technology is currently available only for residential customers but will continue to be used after the pandemic subsides and could be expanded to business customers, he said. Servicing customers via augmented reality can save the company money and time that would otherwise be spent on driving from house to house, Mr. Barlik said. “We’ll definitely continue to utilize it,†he said.
Help Lightning saw 435% growth in customers using its technology to conduct thousands of calls related to remote assistance between February and April because of the pandemic, said Gary York, chief executive of the company.
Posted by AGORACOM
at 12:06 PM on Monday, June 8th, 2020
SOBR® Safe, Inc., a patented non-invasive alcohol detection system
Formerly TransBiotec, Inc., Transaction Effectively Launches New Public Company
In connection with the closing of the Transaction, the Company effected a 1-for-33.26 reverse stock split of its common stock.
SOBRSafe has been assigned a new ticker symbol (SOBR) and will trade under the new ticker symbol in approximately 20 trading days
BOULDER, Colo., June 8, 2020 /PRNewswire/ — SOBR® Safe, Inc. (IMLED) (“SOBR Safe” or the “Company”), developers of SOBR®Check, a patented non-invasive alcohol detection system, announced today that it has closed on the acquisition of certain technology assets from IDTEC LLC, a Colorado limited liability company (“IDTEC”), and its parent company First Capital Ventures, LLC (“First Capital”). Contemporaneous with the closing of the transaction (the “Transaction”), the Company changed its name from TransBiotec, Inc. to SOBR Safe, Inc. (www.SOBRSafe.com) and began trading under the temporary ticker symbol “IMLED.” The Company has been assigned a new ticker symbol (SOBR) and its common stock will trade under the new ticker symbol in approximately 20 trading days.
(PRNewsfoto/TransBiotec, Inc.)
In advance of closing the Transaction, IDTEC, its parent company First Capital, and other affiliated entities invested a total of $2,500,000 in the development and testing of the preventative, touch-based alcohol detection technology, SOBR®Check. SOBR®Check is entering its pilot testing phase, and management expects to have a commercially viable product in First Quarter 2021.
“This is truly a watershed moment for everyone with an interest in TransBiotec, IDTEC and SOBR Safe, and even more for the global audience seeking to keep our roadways and workplaces safe and alcohol-free,” stated Gary Graham, First Capital Executive Managing Partner and SOBR Safe Board member. “We believe in this stellar management team’s mission to increase productivity and save lives. As a public company, SOBR Safe has the forum and foundation to gain maximum awareness for both SOBR®Check and other safety-critical detection technologies to come.”
SOBR Safe Chairman and Chief Revenue Officer Dave Gandini stated “I have spent more than 30 years in executive and new venture leadership, and I believe that we have put together a first rate management and business development team that has the skill set to succeed with the SOBR Check products. We are working with global employers to gather invaluable performance data, and we believe that as an organization we are well-positioned to make a material and lasting impact on the safety of our communities – in America and beyond.”
In connection with the closing of the Transaction, the Company effected a 1-for-33.26 reverse stock split of its common stock.
SOBR® Safe, Inc. has developed and patented a non-invasive alcohol sensing system – SOBR®Check. SOBR®Checkis a potentially disruptive solution in alcohol consumption detection – a touch-based technology with anticipated applications in school buses, commercial trucking fleets, facility access control and more. Across industries, the headlines are consistent: alcohol is a clear and present danger – impaired operation destroys lives, families and companies alike. SOBR Safe’s mission is to eliminate the destructive impact of alcohol on our roadways and workplaces…with just the touch of a finger.
Forward Looking Statement
SOBR Safe, Inc.’s statements in this press release that are not historical fact and that relate to future plans or events are forward-looking statements. Forward-looking statements can be identified by use of words such as “believe,” “expect,” “plan,” “anticipate,” and similar expressions. These forward-looking statements include risks associated with changes in business conditions and similar events. The risks and uncertainties involved include those detailed from time to time in SOBR Safe, Inc.’s filings with the Securities and Exchange Commission, including SOBR Safe, Inc.’s most recent Annual Report on Form 10-K.
