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Labrador Gold $LAB.ca Provides Review of 2019 Exploration and Outlines Plans for 2020 $RIO.ca $WHM.ca $SIC.ca $NXS.ca

Posted by AGORACOM at 9:52 AM on Thursday, January 9th, 2020
This image has an empty alt attribute; its file name is LAB-square-logo-2.png

Labrador Gold Corp. (TSX-V: LAB) (“LabGold” or the “Company”) is pleased to provide a review of its exploration activities completed during 2019. During 2020, LabGold intends to test the continuity of recently discovered mineralization at its Hopedale Project with a drilling program.

Roger Moss, President and CEO stated: “Exploration on both of our Labrador Projects during 2019 continued to successfully define areas of gold mineralization. These include the discovery of a new gold showing with assays from 1.67 to 8.26 g/t gold in grab samples at the Hopedale Project. This is located 500 metres along strike from the known Thurber Dog gold showing within a broader three kilometre stretch of anomalous gold in rock and soil. We look forward to continuing our systematic exploration, including drilling, of this mineralized system in 2020.”

 2019 Hopedale Project Highlights

  • Discovered a new gold showing north of the Thurber Dog gold occurrence, grab samples from which assayed between 1.67 and 8.26 g/t Au.
  • The Thurber Dog gold occurrence has assays in grab and channel samples from below detection up to 7.866 g/t Au, with 5 samples greater than 1 g/t Au and 16 samples assaying greater than 0.1 g/t Au.
  • The discovery extends the potential strike length of gold mineralization by approximately 500 metres along strike to the north.The new showing occurs within a larger 3km trend of anomalous gold in rock and soil associated with the contact between mafic/ultramafic volcanic rocks and felsic volcanic rocks.

 2019 Ashuanipi Project Highlights

  • Discovered a gold enriched zone near a high grade (8,973ppb) soil sample taken in 2018.
  • The zone is defined by anomalous gold in both soil (below detection up to 1,746ppb Au and including 12 samples over 100ppb Au) and grab rock samples (below detection up to 2.35 g/t Au) that cover an area of 450 metres by 450 metres.A second area of gold mineralization associated with garnet-bearing gossanous gneiss also shows potential.
  • Grab rock samples show values from below detection to 0.68 g/t Au with 10 samples showing values greater than 0.1 g/t Au over an area of 200m by 120m within a larger anomalous area of gold in soil samples.

 Note that grab samples are selected samples and are not necessarily representative of mineralization on the properties. 

Location of the new showing, Thurber Dog, Thurber North and Thurber South occurrences within the 3km long mineralized Thurber trend:

New Showing with rusty zones due to the presence of pyrite and arsenopyrite:

What to expect in 2020

Hopedale Project

Exploration at Hopedale during 2020 will focus on determining the extent of the Thurber Dog mineralized trend. Such work would aim to fill in the gaps between showings over the three-kilometre strike length with sampling and VLF-EM surveys. LabGold also intends to carry out an initial drill program targeting prospective areas along this trend, including the new showing.

Ashuanipi Project

LabGold’s priority at Ashuanipi is to reach an agreement with the Matimekush-Lac John First Nation to enable continued exploration of the property. The 2019 election of the new Chief and Council has been challenged in Federal Court in Quebec with a court date scheduled for the end of February. As such, community engagement and negotiations are on hold until the court case is settled.

Borden Lake Extension Project

During 2019, Newmont Goldcorp announced the start of commercial production at their Borden Mine. The Borden Lake Extension project is located less than five kilometres from the Borden Mine along the southeast trend of the Borden Gold zone. Note that mineralization hosted on nearby properties is not necessarily indicative of mineralization that may be hosted on the Company’s property.

Given the start of mining at Borden, follow up of past results at the Borden Lake Extension project will be undertaken in 2020. Such work will likely include additional till sampling and geochemical surveys to better define the previously outlined anomalous zones as well as a reinterpretation of VLF-EM data using the latest inversion software. Due to the glacial cover in the area, overburden drilling, guided by results of this work, would be the best means to define targets for follow up diamond drilling.

Location of the BLE property and anomalous gold zones along trend to the southeast of Newmont-Goldcorp’s Borden Gold Zone.

 All samples were shipped to the Bureau Veritas laboratory in Vancouver, BC, where they were crushed and split and a 500g sub sample pulverized to 200 mesh. Samples of 30g were analyzed for gold by fire assay with an atomic absorption finish and another 15g sample for 36 elements by ultratrace ICP-MS (inductively coupled plasma-mass spectrometry) following an aqua regia digestion. Over limit samples (greater than 10g/t Au) are re-assayed using fire assay with a gravimetric finish. In addition to the QA-QC conducted by the laboratory, the Company routinely submits blanks, field duplicates and certified reference standards with batches of samples to monitor the quality of the analyses.

Roger Moss, PhD., P.Geo., is the qualified person responsible for all technical information in this release.

The Company gratefully acknowledges the Newfoundland and Labrador Ministry of Natural Resources’ Junior Exploration Assistance (JEA) Program for its financial support for exploration of the Ashuanipi property.

About Labrador Gold:

Labrador Gold is a Canadian based mineral exploration company focused on the acquisition and exploration of prospective gold projects in the Americas. In 2017 Labrador Gold signed a Letter of Intent under which the Company has the option to acquire 100% of the Ashuanipi property in northwest Labrador and the Hopedale property in eastern Labrador.

The Hopedale property covers much of the Florence Lake greenstone belt that stretches over 60 km. The belt is typical of greenstone belts around the world but has been underexplored by comparison. Initial work by Labrador Gold during 2017 show gold anomalies in soils and lake sediments over a 3 kilometre section of the northern portion of the Florence Lake greenstone belt in the vicinity of the known Thurber Dog gold showing where grab samples assayed up to 7.8g/t gold. In addition, anomalous gold in soil and lake sediment samples occur over approximately 40 kilometres along the southern section of the greenstone belt (see news release dated January 25, 2018 for more details).

The Ashuanipi gold project is located just 35 km from the historical iron ore mining community of Schefferville, which is linked by rail to the port of Sept Iles, Quebec in the south. The claim blocks cover large lake sediment gold anomalies that, with the exception of local prospecting, have not seen a systematic modern day exploration program. Results of the 2017 reconnaissance exploration program following up the lake sediment anomalies show gold anomalies in soils and lake sediments over a 15 kilometre long by 2 to 6 kilometre wide north-south trend and over a 14 kilometre long by 2 to 4 kilometre wide east-west trend. The anomalies appear to be broadly associated with magnetic highs and do not show any correlation with specific rock types on a regional scale (see news release dated January 18, 2018). This suggests a possible structural control on the localization of the gold anomalies. Historical work 30 km north on the Quebec side led to gold intersections of up to 2.23 grams per tonne (g/t) Au over 19.55 metres (not true width) (Source: IOS Services Geoscientifiques, 2012, Exploration and geological reconnaissance work in the Goodwood River Area, Sheffor Project, Summer Field Season 2011). Gold in both areas appears to be associated with similar rock types.

The Company has 57,039,022 common shares issued and outstanding and trades on the TSX Venture Exchange under the symbol LAB.

For more information please contact:
Roger Moss, President and CEO
Tel: 416-704-8291
Or visit our website at: www.labradorgold.com
Twitter: @LabGoldCorp

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SPONSOR: Affinity Metals $AAF.ca – 12-Year Breakout in Mining Stocks Relative to Gold $SII.ca $TUD.ca $GTT.ca $AMK.ca $OSK.ca

Posted by AGORACOM at 2:39 PM on Wednesday, January 8th, 2020

Sponsor: Affinity Metals (TSX-V: AFF) a Canadian mineral exploration company building a strong portfolio of mineral projects in North America. The Corporation’s flagship property is the Drill ready Regal Property near Revelstoke, BC. Recent sampling encountered bonanza grade silver, zinc, and lead with many samples reaching assay over-limits. Further assaying of over-limits has been initiated, results will be reported once received. Click Here for More Info

Excerpts from Crescat Capitals November Newsletter:

Precious Metals

Precious metals are poised to benefit from what we consider to be the best macro set up we’ve seen in our careers. The stars are all aligning. We believe strongly that this time monetary policy will come at a cost. Look in the chart below at how the new wave of global money printing just initiated by the Fed in response to the Treasury market funding crisis is highly likely to pull depressed gold prices up with it.

The gold and silver mining industry endured a severe bear market from 2011 to 2015 and have formed a strong base over the last four years.

The imbalance between historically depressed commodity prices relative to record overvalued US stocks remains at the core of our macro views. On the long side, we believe strongly commodities offer tremendous upside potential on many fronts. Precious metals remain our favorite. We view gold as the ultimate haven asset to likely outperform in an environment of either a downturn in the business cycle, rising global currency wars, implosion of fiat currencies backed by record indebted government, or even a full-blown inflationary set up. These scenarios are all possible. Our base case is that governments and central banks will keep their pedals to the metal to attempt to fend off credit implosion or to mop up after one has already occurred until inflation becomes a persistent problem.

The gold and silver mining industry is precisely where we see one of the greatest ways to express this investment thesis. These stocks have been in a severe bear market from 2011 to 2015 and have been formed a strong base over the last four years. They are offer and incredibly attractive deep-value opportunity and appear to be just starting to break out this year. We have done a deep dive in this sector and met with over 40 different management teams this year. Combining that work with our proprietary equity models, we are finding some of the greatest free-cash-flow growth and value opportunities in the market today unrivaled by any other industry. We have also found undervalued high-quality exploration assets that will make excellent buyout candidates.

We recently point out this 12-year breakout in mining stocks relative to gold now looks as solid as a rock. In our view, this is just the beginning of a major bull market for this entire industry. We encourage investors to consider our new Crescat Precious Metals SMA strategy which is performing extremely well this year.

“This is just the beginning of a major bull market for this entire industry”

Zero Discounting for Inflation Risk Today

With historic Federal debt relative to GDP and large deficits into the future as far as the eye can see, if the global financial markets cannot absorb the increase in Treasury debt, the Fed will be forced to monetize it even more. The problem is that the Fed’s panic money printing at this point in the economic cycle may hasten the unwinding of the imbalances it is so desperate to maintain because it has perversely fed the last-gasp melt up of speculation in already record over-valued and extended equity and corporate credit markets. It is reminiscent of when the Fed injected emergency cash into the repo market at the peak of the tech bubble at the end of 1999 to fend off a potential Y2K computer glitch that led to that market and business cycle top.
After 40 years of declining inflation expectations in the US, there is a major disconnect today between portfolio positioning, valuation, and economic reality. Too much of the investment world is long the “risk parity” trade to one degree or another, long stocks paired with leveraged long bonds, a strategy that has back-tested great over the last 40 years, but one that would be a disaster in a secular rising inflation environment.

With historic Federal debt relative to GDP and large deficits into the future as far as the eye can see, rising long-term inflation, and the hidden tax thereon, is the default, bi-partisan plan for the US government’s future funding regardless of who is in the White House and Congress after the 2020 elections. The market could start discounting this sooner rather than later.
The Fed’s excessive money printing may only reinforce the unraveling of financial asset imbalances today as it leads to rising inflation expectations and thereby a sell-off in today’s highly over-valued long duration assets including Treasury bonds and US equities, particularly insanely overvalued growth stocks. We believe we are in the vicinity of a major US stock market and business cycle peak.

Source:”Running Hot”

Courtesy of Crescat Capital: https://www.crescat.net/running-hot/

Thanks to

Kevin C. Smith, CFA
Chief Investment Officer

Tavi Costa
Portfolio Manager

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Lomiko Metals $LMR.ca 2020s: The Decade of the Electric Vehicle Revolution $CJC.ca $SRG.ca $NGC.ca $LLG.ca $GPH.ca $NOU.ca

Posted by AGORACOM at 2:03 PM on Wednesday, January 8th, 2020

SPONSOR: Lomiko Metals is focused on the exploration and development of minerals for the new green economy such as lithium and graphite. Lomiko owns 80% of the high-grade La Loutre graphite Property , Lac Des Iles Graphite Property and the 100% owned Quatre Milles Graphite Property. Lomiko is uniquely poised to supply the growing EV battery market. Click Here For More Information

Graphite Market to hit $27.03 Billion by 2025 – Analysis by Demand, Size, Share, Price, Growth Drivers and Business Opportunities: Adroit Market Research

The staggering growth in hybrid and fully electric vehicles to be an influential driving factor for the futuristic graphite industry expansion. Synthetic graphite market is projected to account for a revenue share of >85% of the total market in 2025

The global graphite market projected to be valued at around USD 27.03 billion by 2025. Furthermore, global graphite demand is anticipated to grow at a remarkable pace at a CAGR of 6.3% over the forecast period. Graphite finds numerous applications in refractories, steel making, foundries, as lubricating agent among many others. Presently, usage of graphite in car batteries for electric and hybrid electric vehicles is estimated to significantly boost the demand for graphite over the forecast period.

The Adroit Market Research recently published its research study on the graphite industry. The report covers all the major aspects of the graphite industry. The study is a comprehensive dataset which also includes qualitative aspects pertaining to the graphite industry. The market data is provided from 2015-2025 where 2015 to 2017 is the historic data, 2018 is considered as the base year and forecast period is from 2019 to 2025. The report provides a holistic view of the supply chain of the graphite industry which includes insights relevant to all the players in the graphite market value chain.

The research report on global graphite market is segmented on the basis of type, application, and region. The report includes the industry landscape in the form of market drivers, restraints and market opportunities. The study also highlights the impacts of related industries on graphite and analyses the market for various aspects using the Porter’s five forces analysis, PESTEL analysis and value chain.

Graphite is a naturally occurring allotropic form of carbon. It is a non-metal with several beneficial properties such as high melting point, thermal resistance, and high electrical and thermal conductivity. Also, graphite is available in adifferent form, owing to which it finds high usage across several industry verticals.

Graphite is either derived naturally or produced synthetically. Natural graphite mines are majorly found in China which is followed by Brazil and India. Flake, amorphous, and vein graphite are the major types of natural graphite forms which are commercially available at present. Flake graphite accounts for the highest demand in the global graphite industry with ~1.6x times growth expected further during the forecast period.

Synthetic graphite is produced by using several processes such as pyrolitic process and graphitization owing to which price of this type is much higher than natural graphite. Synthetic graphite is of high purity which is used in graphite electrodes, carbon fibers, and carbon blocks among other applications. Graphite electrode is projected to continue its dominance owing to the high degree of usage in steel making process.

By application, the batteries segment is projected to offer substantial growth owing to its applicability for new generation electric and hybrid electric vehicles. Constant technological innovations for making fully autonomous cars is projected to emerge as the biggest application which will drive the future demand for graphite. The battery segment is estimated to show a staggering growth with a 7.9% CAGR over the forecast period.

By region, Asia Pacific is estimated to continue its dominance owing to high demand from end use segments such as construction, automotive, and packaging industries. Increasing spending power is projected to further support the growth. North America and Europe are projected to show positive growth owing to high demand for hybrid and fully electric vehicles. Middle East is also projected to offer lucrative opportunities owing to high demand in the automotive industry.

The global graphite market is expected to be highly competitive, owing to a significant fragmentation in the industry. Large number of players are present across the value chain which are into manufacturing of synthetic graphite types. Boom in the natural graphite has also led to a growth in number of mining companies outside China. Showa Denko K.K., Toray Industries, Inc., Teijin Limited, Northern Graphite Corporation, Asbury Carbons are some of the key players in the graphite industry. Acquisition and capacity expansion are the key strategies followed by these players to maximize their presence in market.

For more information on the Company, please visit our website at www.lomiko.com, contact A. Paul Gill at 604-729-5312 or email: [email protected]

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ThreeD Capital $IDK.ca – #Crypto Today: #Bitcoin is ready for a massive bull’s run #crypto $HIVE.ca $BLOC.ca $CODE.ca

Posted by AGORACOM-JC at 10:10 AM on Wednesday, January 8th, 2020

SPONSOR: ThreeD Capital Inc. (IDK:CSE) Led by legendary financier, Sheldon Inwentash, ThreeD is a Canadian-based venture capital firm that only invests in best of breed small-cap companies which are both defensible and mass scalable. More than just lip service, Inwentash has financed many of Canada’s biggest small-cap exits. Click Here For More Information.

Crypto Today: Bitcoin is ready for a massive bull’s run

Here’s what you need to know on Wednesday

Markets:

  • The BTC/USD is currently trading at $8,347 (+5.8% on a day-to-day basis). The coin has been moving within a strong bullish trend and hit a new 2020 high at $8,464.
  • The ETH/USD pair is currently trading at $144.7 (+1.18% on a day-to-day basis). The Ethereum retreated from the intraday high of $147.96; now, it is moving within a short-term bullish trend amid low volatility. 
  • XRP/USD settled at $0.2145 after a spike to $0.2255 on Tuesday. The coin is down 1.15% in recent 24 hours.
  • Among the 100 most important cryptocurrencies, the best of the day are Quant (QNT) $3.9 (+17.5%), Synthetix Network Token (SNX) $0.9973 (+13.57%) and Horizen (ZEN) $8.43 (+13.16%), The day’s losers are, Decentraland (MANA) $0.0335 (-8.5%), MaidSafeCoin (MAID) $0.0810 (-7.42%) and Komodo (KMD) $0.5434 (-5.92%).

Chart of the day:
BTC/USD, daily chart


Market:
 

  • Bitcoin (BTC) rallied to as high as $8,464 amid the escalation of geopolitical tensions in the Middle East. While the correlation is not clear, many experts believe that Bitcoin is growing due to rising conflict between the United States and Iran as a push towards the recent high occurred amid the news that Iran had attacked US military bases in Iraq. 
  • Tether (USDT) market capitalization increased by $500 million on CoinMarketCap due to the rating adjustments; however, some experts believe that this development might have served as a buy signal for algo bots and set Bitcoin’s bullish ball rolling. BTC/USD started snowballing in a few hours after CoinMarketCap updated its Tether capitalization.
  • Cryptocurrencies may be an exciting concept, but they won’t threaten the dominant position of the US dollar, according to International Monetary Fund (IMF) chief economist, Gita Gopinath. She believes that the technologies have not reduced the costs of moving between the currencies, which is the critical barrier on the way to overtaking USD. 

Industry:

  • Istanbul update implemented on Etheereum network at the end of 2019 increased the scalability of StarkEx protocol for centralized exchanges, StarkWare experts noted.

“StarkEx *measurements* (not approximations, nor estimates) break Ethereum’s scalability record post-Istanbul, with a 2000X improvement over Ethereum Layer-1: 9K trades/sec at 75 gas/trade (or 18K payments/sec) (1/5)”

  • Binance Charity Foundation launched a program aiming to help Australia mitigate the consequences of bushfire. The blockchain-based charity platform created by one of the world’s leading cryptocurrency exchanges invites everyone to participate in the program and donate funds to support Australia. Binance intends to donate $1 million.
  • Berlin-based bitcoin bank Bitwala included ether (ETH) to the list of available services. The bank allows customers buying ETH, the second-largest cryptocurrency asset by market capitalization, right from their current accounts. The company explained the decision by Ethereum’s significant role in decentralized finance (DeFi) movement,

Source: https://www.fxstreet.com/cryptocurrencies/news/crypto-today-bitcoin-is-ready-for-a-massive-bulls-run-202001080639

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Loncor $LN.ca – Gold Closes at Nearly 7-Year High $ABX.ca $TECK.ca $RSG $NGT.to

Posted by AGORACOM at 10:22 AM on Tuesday, January 7th, 2020
This image has an empty alt attribute; its file name is Loncor-Small-Square.png

Sponsor: Loncor is a Canadian gold exploration company focused on two projects in the DRC – the Ngayu and North Kivu projects, both have historic gold production. Exploration at the Ngayu project is currently being undertaken by Loncor’s joint venture partner Barrick Gold. The Ngayu project is 200km southwest of the Kibali gold mine, operated by Barrick, which produced 800,000 ounces of gold in 2018. Barrick manages and funds exploration at the Ngayu project until the completion of a pre-feasibility study on any gold discovery meeting the investment criteria of Barrick. Click Here for More Info

  • Recent strong price gains are a bullish upside technical ‘breakout’ from recent trading levels, to suggest still more price gains are very likely in the coming weeks and months, or longer
  • Bullion’s price has benefited from heightened political tensions but also has enjoyed softness in the dollar,

Gold futures on Monday marked their highest settlement since April of 2013, as the killing last week of a top Iranian military commander, Qassem Soleimani, reverberated through financial markets, momentarily upending appetite for assets considered risky and boosting traditional haven assets like gold.

February gold GCG20, +0.23%  on Comex added $16.40, a gain of 1.1%, to settle at $1,568.80 an ounce, after it briefly touched $1,590.90 in intraday action. The most active contract saw its highest settlement since April 9, 2013, according to FactSet data. Gold also rose for a ninth consecutive session, its longest period of straight gains since an 11-day streak that ran from December 2018 to January 2019.

March silver SIH20, +0.28%  edged up by 2.8 cents, or 0.2%, to finish at $18.179 an ounce, pulling back from a high of $18.55, which was the highest intraday level since late September.

Last week, the most-active gold contract gained 2.3%, its second week of gains, while silver prices added 1.1%, also landing it higher for two consecutive weeks.

Read: Why geopolitical events are not a good reason to buy gold

“History shows that a big spike up in prices amid higher volatility tends to produce near-term market tops sooner rather than later, after that initial spike up,” said Jim Wyckoff, senior analyst at Kitco.com. “That means in the coming days the gold market could put in a ‘near-term’ top that will last for a moderate period of time.”

“However, for the longer-term investors in gold, it’s important to note that the recent strong price gains are a bullish upside technical ‘breakout’ from recent trading levels, to suggest still more price gains are very likely in the coming weeks and months, or longer,” he said in daily commentary.

On Sunday, the Iraqi parliament passed a nonbinding resolution to expel American troops in the wake of the U.S. drone strike that killed Soleimani, leader of the foreign wing of Iran’s Islamic Revolutionary Guard Corps, on Iraqi soil.

That act has intensified tensions in the Middle East, boosting the appeal of assets considered safe during global political conflicts.

Trump has threatened harsh sanctions against Iraq if it expels U.S. troops, and doubled down on earlier comments threatening to target Iranian cultural sites if Iran strikes back. Iran has said it would no longer honor the 2015 nuclear deal with a group of world powers, which the U.S. backed out of in 2018.

Oil prices climbed and the Dow Jones Industrial Average DJIA, -0.30%  and S&P 500 index SPX, -0.27%  opened broadly lower but turned mixed in Monday dealings.

Meanwhile, the benchmark 10-year Treasury yield TMUBMUSD10Y, +0.24% was up at 1.7917%, after tapping a four-week low on Friday after the Iranian military leader’s killing.

Bullion’s price has benefited from heightened political tensions but also has enjoyed softness in the dollar, which has occurred as investors shift to Swiss franc USDCHF, +0.3719% and Japanese yen USDJPY, +0.09%  amid the potential for political turmoil.

The U.S. ICE Dollar Index DXY, +0.33%, a measure of the buck against a half-dozen currencies, was down 0.2% at 96.661 and has posted weekly declines in the last two weeks.

A weaker buck can make gold more attractive to buyers using other currencies, and lower bond yields can also help boost the comparative appeal of gold against government debt.

“Gold continues its breakout higher as it is now at the highest level since April 2013,” wrote Peter Boockvar, chief investment officer at Bleakley Advisory Group, in a Monday research report.

“I remain bullish but caution not to buy it on geopolitical concerns because as stated they are usually temporary. Buy it instead because the dollar continues to weaken and real yields continue to fall,” he said.

Among other metals, March copper HGH20, -0.11%  added 0.1% to $2.79 a pound. April PLJ20, -0.34%  shed 2.4% to $966.20 an ounce, but March palladium PAH20, +0.87%  added 1.7% to $1,989.60 an ounce. Palladium futures notched a record high, as they’ve done each day so far this year and many times throughout 2019.

The platinum group markets are “not concerned that recent geopolitical events could derail the global economy and therefore demand for auto catalysts,” analysts at Zaner Metals, wrote in daily note. “Instead, it is apparent that platinum and palladium are being considered as safe haven instruments, with classic physical market fundamentals being pushed to the sidelines.”

https://www.marketwatch.com/story/gold-price-flirts-with-1600-and-highest-settlement-in-nearly-7-years-2020-01-06

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American Creek Resources $AMK.ca Recognises 2019 as a Major Turning Point; Looks Forward to Major Developments in 2020 $TUD.ca $SII.ca $GTT.ca $AFF.ca $SEA.ca $SA $PVG.ca $AOT.ca

Posted by AGORACOM at 9:35 AM on Tuesday, January 7th, 2020
  • American Creek has strengthened its position both financially and strategically
  • Treaty Creek will be advancing in a major way
  • Eric Sprott made two separate investments of $1,000,000 making Mr. Sprott the largest external investor in Treaty Creek

American Creek Resources Ltd. (TSXV: AMK) (OTC Pink: ACKRF) (“American Creek”) (“the Corporation”) is pleased to report that 2019 was a pivotal year for the company which is now positioned to take full advantage of the precious metals bull run that many experts believe we are only in the early stages of, even though gold hit a 7 year high of $1,580 this week. Looking back, on the first day of trading in 2019 AMK closed at $0.03 and on the last day of trading in 2019 AMK closed at $0.09 representing a significant annual increase. Management envisions positive developments to continue in 2020 through the geological advancements of its properties including the potential for a world class resource on the Treaty Creek JV project located in the “Golden Triangle” of Northwestern British Columbia.

Darren Blaney, CEO of American Creek stated: “This past year was a significant turning point for the company and will be the catalyst for more exciting developments in 2020. The company has strengthened its position both financially and strategically and is poised to benefit from not only a strengthening gold and silver market but also from the investment community becoming more aware of the company’s projects and potential. The Treaty Creek project will be advancing in a major way and several of our other projects including the Dunwell and Gold Hill will also be the focus of attention this year. We very much look forward to 2020 and wish all of our shareholders the very best this upcoming year!”

Cannot view this image? Visit: https://orders.newsfilecorp.com/files/682/51189_2c4af78684226b7e_001.jpg



Image of the Goldstorm Zone found along the base of this hill at Treaty Creek.

To view an enhanced version of this image, please visit:
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Financial Position

The company raised over $3.3 million in 2019 through common and flow-through shares along with the exercise of warrants. Through these events the company was able to strengthen existing alliances and create a number of new highly strategic relationships bringing strength, credibility and future increased exposure to American Creek.

Of note, Canadian billionaire Eric Sprott made two separate investments of $1,000,000 into American Creek as well as an additional $8,400,000 investment in our JV partner Tudor Gold for the development of the Treaty Creek property. This makes Mr. Sprott the largest external investor in Treaty Creek. He recently stated that he is “very excited about the opportunity there as the project has a great shot at having 20 million ounces.”

Geological Position

TREATY CREEK

The 2019 drilling at Treaty Creek was very successful and produced some of the most significant gold intercepts in the exploration industry. The focus has been on the gold enriched Goldstorm Zone which is on trend with, and part of, the same geological system as Seabridge Gold’s neighboring KSM deposits. With approximately one billion tonnes of gold enriched rock identified (potential for a resource calculation in 2020), the Goldstorm has potential to become a world class gold deposit. The 2019 drilling was designed to define a gold deposit with the potential of being open pit mined. The upcoming 2020 drilling is designed to significantly expand the deposit as the system is open to the north, the east and at depth.

The Treaty Creek Project is a joint venture with Tudor Gold owning 3/5th and acting as project operator. American Creek and Teuton Resources each have a 1/5th interest in the project. American Creek and Teuton are both fully carried until such time as a Production Notice is issued, at which time they are required to contribute their respective 20% share of development costs. Until such time, Tudor is required to fund all exploration and development costs while both American Creek and Teuton have “free rides”.

DUNWELL MINE

A maiden drill program was initiated in 2019 on the 100% owned Dunwell Mine project located in the heart of the Golden Triangle a few kilometers outside of Stewart, BC. This past producing high grade mine (gold, silver, lead, zinc) holds tremendous potential and may have the best logistics found in the Golden Triangle. Assays from the program are currently pending.

GOLD HILL AND OTHER PROJECTS

The Gold Hill property is believed to contain the principle source lode for Canada’s fourth largest placer deposit located downstream (Wild Horse River Gold Rush) which produced over 48 tonnes gold (and is still producing). Work is planned for 2020 which will advance this highly prospective project.

American Creek also holds several other high potential projects in other prospective areas of BC such as the Austruck-Bonanza, Ample Goldmax, Silver Side, and Glitter King.

Marketing

American Creek will be going to great lengths in 2020 to increase the Corporation’s exposure and recognition. Near future events including attending many conferences including the Vancouver Resource Investment Conference (Vancouver), AME Roundup (Vancouver), Red Cloud (Toronto), Raise Capital (Toronto), and the Prospectors and Developers Association of Canada (PDAC) convention (Toronto).

About American Creek

American Creek is a Canadian mineral exploration company with a strong portfolio of gold and silver properties in British Columbia. Three of those properties are located in the prolific “Golden Triangle”; the Treaty Creek and Electrum joint venture projects with Tudor Gold/Walter Storm as well as the 100% owned past producing Dunwell Mine.

More information about the Treaty Creek Project can be found here: https://americancreek.com/index.php/projects/treaty-creek/home

An exploration program is ongoing on American Creek’s 100% owned Dunwell Mine property located near Stewart. More information can be found here: https://americancreek.com/index.php/projects/dunwell-mine

The Corporation also holds the Gold Hill, Austruck-Bonanza, Ample Goldmax, Silver Side, and Glitter King properties located in other prospective areas of the province.

For further information please contact Kelvin Burton at: Phone: 403 752-4040 or Email: [email protected]. Information relating to the Corporation is available on its website at www.americancreek.com

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CLIENT FEATURE: Vertical Exploration $VERT.ca Partners with AREV Brands to Distribute Wollastonite to the Cannabis and Hemp Industries $TORR.ca $FA.ca $WEED.ca $CGC $ACB $APH $CRON.ca $HEXO.ca $TRST.ca $OGI.ca

Posted by AGORACOM at 7:52 PM on Monday, January 6th, 2020
http://blog.agoracom.com/wp-content/uploads/2019/11/VERT-square-logo.png
  • Definitive distribution agreement to partner on the sale of Vertical’s wollastonite from its world-class St-Onge Deposit in place.
  • Supplying the fast growing cannabis and hemp industries.
  • Vertical’s high quality Wollastonite has been shown to be beneficial to cannabis plants in a variety of ways
  • In every case the most optimal results occurred with an admixture rate of 10% to 15% wollastonite to the growth medium.
  • The high-grade St-Onge Wollastonite deposit has pit-constrained mineral resources of: 7,155,000 tonnes Measured@ 36.20% Wollastonite & 6,926,000 tonnes Indicated@ 37.04%
  • B.C. Buds Testing Confirmed Wollastonite is critical to marijuana growers
  • Engaged AGRINOVA over the past year to conduct research and testing of Vertical’s St-Onge wollastonite on a range of important agricultural end uses.

WOLLASTONITE

  • St-Onge-Wollastonite Deposit located approximately 90 kilometres Northwest of the city of Saguenay, in St-Onge township, in the Saguenay-Lac-St-Jean region of Quebec, Canada.
  • Wollastonite is a calcium inosilicate mineral that may contain small amounts of iron, magnesium, and manganese substituting for calcium
  • Research and testing in the Phase 1 program for use in cannabis growth was managed and monitored by AGRINOVA, a highly-regarded Center for Research and Innovation in Agriculture in Quebec

St-Onge-Wollastonite Deposit:

VERT Hub on Agoracom

FULL DISCLOSURE: Vertical Exploration is an advertising client of AGORA Internet Relations Corp.

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Tartisan #Nickel $TN.ca – Demand for nickel to spike due to growing demand for electric vehicles #EV $ROX.ca $FF.ca $EDG.ca $AGL.ca $ANZ.ca

Posted by AGORACOM-JC at 3:53 PM on Monday, January 6th, 2020

SPONSOR: Tartisan Nickel (TN:CSE)  Kenbridge Property has a measured and indicated resource of 7.14 million tonnes at 0.62% nickel, 0.33% copper. Tartisan also has interests in Peru, including a 20 percent equity stake in Eloro Resources and 2 percent NSR in their La Victoria property. Click her for more information

Tc logo in black

Demand for nickel in PH to spike due to growing demand for electric vehicles

By Antonio L. Colina IV

  • The nickel industry in the Philippines can expect a brighter prospect for 2020 as the global demand is expected to increase for the manufacturing of electric vehicles (EVs).

Cha Olea, Philippine Nickel Association (PNIA) executive director, said in an interview on Friday that the association has seen an increasing trend for electric vehicles worldwide, including the Philippines, leading to a possible industry boom as a result of a shift from fossil-run vehicles to more environment friendly electricity-run vehicles to curb carbon emission.

“The primary component of EV battery is nickel because of the batteries,” she said. Aside from nickel, Olea said the batteries also need cobalt and magnesium, but 50 percent of the batteries for EVs are made of nickel.

The executive added that manufacturing plants’ demand for stainless steel, which is also derived from nickel, would increase.

Members of the European Union targets to totally eradicate carbon emission by 2030, while the United States has been slowly replacing fossil-run vehicles with EVs, by offering incentives to owners of electric vehicles.

“Nickel has a very good prospect in the future, especially that Europe’s direction by 2030 is zero carbon emission. They are shifting to electric vehicles,” Olea said.

She said the Philippines is one of the biggest producers of nickel in the world, producing an estimated volume of 30 million metric tons last year. Of which, around 90% had been exported to China while the remaining 10% to Japan, Australia, and EU.

“Globally, they are looking for Philippines. Of course, we have to position ourselves strategically,” she said.

She noted that in the Philippines, some public utility vehicles had been replaced with e-tricycles and e-jeepneys.

Olea said at least 70% of the nickel ore extracted from the Philippines would be used for stainless steel, 3% for other components, 6% for batteries of EVs, 2% for castings, 6% for plating, 9% non-ferrous metals, and 4% for alloy steel.

She said the new opportunities in the global market would benefit the domestic nickel industry. According to her, the mining industry in the Philippines employs some 250,000 workers. (Antonio L. Colina IV / MindaNews)

Source: https://www.mindanews.com/top-stories/2020/01/demand-for-nickel-in-ph-to-spike-due-to-growing-demand-for-electric-vehicles/

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American Creek Resources $AMK.ca – Gold Poised To Test Resistance From 2011-2013 As US/Iran Rhetoric Escalates $TUD.ca $SII.ca $GTT.ca $AFF.ca $SEA.ca $SA $PVG.ca $AOT.ca

Posted by AGORACOM at 3:28 PM on Monday, January 6th, 2020

American Creek owns a 20% Carried Interest to Production at the Treaty Creek Project in the Golden Triangle. 2019’s first hole averaged of 0.683 g/t Au over 780m in a vertical intercept. The Treaty Creek property is located in the same hydrothermal system as the Pretivm and Seabridge’s KSM deposits.

Welcome to 2020, a year in which the President of the United States conducts war via his Twitter account:

Regardless of how you feel about President Trump or the US/Iran situation, the fact is that things escalated a great deal over the weekend after a US airstrike eliminated Iranian General Suleimani on Thursday night in Baghdad. 

This dangerous escalation of posturing between the mightiest military on the planet and a country of more than 80 million people which also happens to possess formidable conventional and unconventional military capabilities could have potentially far reaching financial market implications. 

With Middle East equity indices already down between 3% and 5% I fully expect S&P futures to open lower Sunday night. Gold futures and crude oil futures could also rise sharply in thin Sunday night trading as scared short sellers are forced to close out losing positions.

My interest is in gold in particular.  Turning to the monthly chart we can see that gold ended last week right at previous support from 2011-2013:

Gold (Monthly)

There is layer of resistance stretching from the September 2019 peak at $1565 to the April 2013 high at $1604.30. If gold gaps higher into the teeth of this resistance it should make for an interesting week of trading which is likely to be characterized by higher volatility and higher trading volumes. Gold sentiment is running hot after a more than $100 rally over the span of five weeks. In addition, positioning among gold futures traders is also at an extreme with commercial traders (producers, swap dealers, etc.) in gold futures holding their largest net notional short position on record (more than US$50 billion):

Technically speaking, gold is getting a bit overheated on shorter time frames (daily, hourly, etc.). However, on the weekly and monthly charts the gold party could be just getting started after a 6+ year bottoming process that only transitioned into a nascent uptrend six months ago. 

Nobody knows how the US/Iran situation is going to unfold, but one thing is for sure and that is that it’s a scary situation which has the potential to get a lot worse before it gets better. If there was ever a time to own gold it would be now, and perhaps that is why we should take standard sentiment/technical indicators with a grain of salt.  Judging by the massive commercial short position in gold futures the yellow metal is in the midst of a massive short squeeze – short squeezes can often reach crazy extremes before experiencing a reversal (only once the most leveraged short players have been forced to cover at the highs).  This may be what is about to unfold in gold. 

Source: https://ceo.ca/@goldfinger/gold-poised-to-test-resistance-from-2011-2013-as-usiran-rhetoric-escalates

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Here’s What Automakers are Showing at CES Electronics Show SPONSOR Lomiko Metals $LMR.ca $CJC.ca $SRG.ca $NGC.ca $LLG.ca $GPH.ca $NOU.ca

Posted by AGORACOM at 1:14 PM on Monday, January 6th, 2020

SPONSOR: Lomiko Metals is focused on the exploration and development of minerals for the new green economy such as lithium and graphite. Lomiko owns 80% of the high-grade La Loutre graphite Property , Lac Des Iles Graphite Property and the 100% owned Quatre Milles Graphite Property. Lomiko is uniquely poised to supply the growing EV battery market. Click Here For More Information

Nissan will show its Ariya EV concept to the tech-oriented audience.

The former Consumer Electronics Show, now known simply as CES, lacks the new-model cachet of a premiere world auto show. And automakers are not yet using the Las Vegas electronics extravaganza to shine the spotlight on their newest creations. But as the auto industry grapples with technology-fueled disruption from electrification, autonomous driving and upstart business models, CES is becoming the venue of choice for brands to prove to consumers, and each other, that they are embracing the future of mobility.

More than 160 automotive technology companies, including 10 major automakers, will attend this year looking to forge partnerships and recruit hard-to-find tech and engineering talent. Several top auto industry executives will attend, including Daimler CEO Ola Kallenius, Ford Chief Technology Officer Ken Washington and BMW r&d boss Klaus Frohlich. U.S. Secretary of Transportation Elaine Chao will deliver a keynote address on the state of innovation and DOT initiatives to integrate new technologies into U.S. transportation systems.

Here’s a roundup of what automakers expect to show at CES.

BMW will tease an interior concept for its i3 EV. The “BMW i3 Urban Suite,” said to have the “relaxed feel of a boutique hotel,” features a large seat with footrest, a screen that flips down from the headliner and a “personal Sound Zone.”

Fisker will debut the Ocean all-electric crossover, powered by an 80-kWh lithium ion battery pack and with an expected range of up to 300 miles. Production should begin at the end of 2021.

Ford will show its 2021 Mustang Mach-E crossover. The highly anticipated mass-market EV, with a 300-mile range, is Ford’s answer to Tesla, General Motors and others that beat it to the electric market with long-range EVs.

GM will demo integration of Amazon’s Alexa Auto voice-controlled virtual assistant in a new Cadillac CT5.

Honda will showcase technologies being jointly developed by its incubator Honda Xcelerator and startups focused on improving workplace ergonomics and manufacturing efficiency. Honda will demo exoskeleton devices and a voice-enabled, AI-powered personal assistant developed with SoundHound. And it will show its “Smartphone as Brain” technology, which allows motorists to safely use their phones while on the road.

Hyundai will reveal details about a flying vehicle concept and a “highly customizable” prototype car with autonomous-driving capabilities. The automaker has said it plans to evolve into a “smart mobility solution provider” by 2025 and will invest more than $50 billion in electric and fuel cell cars, autonomous driving, flying taxis and mobility services.

Mercedes will reveal a concept vehicle it described as “envisioning a completely new form of interaction between humans, technology and nature,” and show its EQ EVs. Mercedes said it expects to introduce a fleet of 10 EVs by 2022, starting with the EQC electric compact crossover set to arrive in the U.S. in 2021.

Nissan will showcase its Ariya electric crossover concept. A production version of the five-seater could arrive in the U.S. in 2021. U.S. dealers briefed on the product last summer said the new EV will have a 300-mile battery range and go from 0 to 60 mph in less than 5 seconds.

Renault will demonstrate technology that allows connected devices in the home to be controlled from a car dashboard. The company also plans to show a battery-powered EV with a hydrogen system that triples a zero-emission vehicle’s range.

Toyota will reveal details around its new mobility ecosystem and demo several concept vehicles.

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