Posted by AGORACOM-JC
at 5:16 PM on Wednesday, October 2nd, 2019
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.
IDK: CSE
Ripple’s Xpring Launches Crypto, Fiat Payments That Integrate Into Any App
Ripple’s Xpring is launching a platform it says makes it possible for developers to integrate fiat and cryptocurrency payments into any application
Xpring is targeting crypto and non-crypto developers alike with the platform
Ripple’s Xpring is launching a platform it says makes it possible for
developers to integrate fiat and cryptocurrency payments into any
application.
The suite of services includes an Xpring software development kit
(SDK) that allows programmers to integrate XRP apps in multiple
programming languages. It also includes a variety of new tools for
working on both XRP and Ripple’s Interledger Protocol (ILP).
Xpring is targeting crypto and non-crypto developers alike with the
platform, Xpring senior vice president Ethan Beard told CoinDesk.
“Xpring SDK allows you the developer to use the XRP ledger simply and in any programming language you want,†Beard said, adding:
“What takes a developer today a 100 lines of code to do a transaction
on XRP ledger, using Xpring SDK cuts that down by 80 percent.â€
Xpring has already been built on open-source protocols, but this
platform would function like Amazon Web Services, Beard said. Developers
could download the code and run it themselves, or now they can go to
Xpring and plug into the service.
Beard envisions the platform being used to enable micropayments in industries like media and gaming.
“Ideally, we think the Xpring platform can work for any type of payment,†Beard said.
The platform is a new vertical for Xpring, which has been an
investment arm for Ripple – building a network of companies and
use-cases around XRP for little over a year. This initiative is aimed at
investing in and growing a developer base around the cryptocurrency.
“While blockchain and cryptocurrency can be transformative for how
payments work, what we’ve learned in the last year is that working with
these new technologies is quite difficult as well,†Beard said. “That
creates a barrier for developers to adopt these technologies.â€
As a part of the announcement, Xpring is also announcing that
payments processor BitPay, mobile wallet BRD and digital custody
provider Anchorage are all adding XRP to their offerings. With BitPay on
board, the company anticipates users being able to use XRP for everyday
purchases at thousands of merchants, including Microsoft and AT&T.
Furthermore, Chainalysis is adding the XRP ledger to its blockchain analytics product.
Posted by AGORACOM-JC
at 8:29 AM on Wednesday, October 2nd, 2019
Affinity Metals controls the Regal Property, an incredible
asset in BC that has a history of Pollymetallic production & hosts several
past producing small-scale historic mines.
Most people are unaware of but are about to find about.
A complete feasibility review of the Regal Silver Mine,
including a reserve report, mine plan, processing recommendations and mill plan
was developed in 1971 to put Regal into production at $1.75 OZ Silver on a
reserve of 590,000tonnes. grading 71.6 grams per tonne silver, 2.66 per cent
lead, 1.26 per cent zinc, 1.1 per cent copper, … needs to be updated with current
43-101 so investors should not be relying on these figures until then.
Past producing mines on property may be potential indicators of a major mineralized system underneath the property.
Posted by AGORACOM-JC
at 11:17 AM on Tuesday, October 1st, 2019
SPONSOR:Â Bougainville Ventures Inc (CSE: BOG) provides strategic capital to the thriving cannabis cultivation sector through ownership and development of commercial real estate properties. The company also offers fully built out turnkey facilities equipped with state-of-the-art growing infrastructure to cannabis growers and processors. Click here for more info.
CBD Use Continues to Grow as Regulators Change Tact , bodes well for Bougainville Ventures
According to data compiled by Grand View Research, the global cannabidiol market is expected to reach USD 9.69 Billion by 2025 while registering a CAGR of 32.6% during the forecast period.
NEW YORK, Oct. 1, 2019 — Hemp has been used for centuries for its multi-facet applications. Previously, hemp was primarily used for industrial applications such as manufacturing textiles, fabrics, and linen. The industrial segment was the largest driver for the overall hemp market, however, following legislative efforts, the hemp-derived CBD market has emerged as the primary driver. Hemp was also commonly used as a medicinal treatment for convulsions, rheumatism, dysentery, and insomnia. However, health officials around the world had deemed hemp unsafe for consumers because it was derived from the cannabis plant.
As a result, the entire cannabis plant was listed as a Schedule 1
substance solely because of its marijuana component. The marijuana plant
is packed with tetrahydrocannabinol (THC), while the hemp plant is
typically cannabidiol (CBD) dominant. Although the two plants fall under
the cannabis family, they are widely different in their genetic makeup
and effects.
THC is the compound that is commonly known to cause psychoactive
effects on the consumer, while CBD is generally known to have relaxing
and soothing effects. However, despite the genetic differences, both THC
and CBD are known to alleviate certain medical conditions. Researchers
have even highlighted that both THC and CBD can effectively treat
symptoms associated with cancer, chronic pain, epilepsy, Alzheimer’s,
and Parkinson’s. However, because THC causes mind-altering effects,
health officials are more inclined to accept CBD as a medicinal
treatment than THC. As a result, countries such as Canada, Germany, South Korea,
the U.K., and the U.S. have legalized CBD for medical purposes.
According to data compiled by Grand View Research, the global
cannabidiol market is expected to reach USD 9.69 Billion by 2025 while registering a CAGR of 32.6% during the forecast period.
Posted by AGORACOM
at 9:49 AM on Tuesday, October 1st, 2019
Received additional encouraging preliminary results from the University of British Columbia-Okanagan (UBC-O) which has used ZEN’s Graphene to enhance the performance of aluminum casting alloys
These potential applications could lead to patents and significant markets for the Company.
ZEN will continue to support UBC-O as per the 3 year Memorandum of Understanding signed in June
Thunder Bay, Ontario–(Newsfile Corp. – October 1, 2019) – ZEN Graphene Solutions Ltd. (TSXV: ZEN) (“ZEN” or the “Company“)
is pleased to announce additional research and development results
using a ZEN Graphene additive in a sintered aluminium metal composite
and ZEN Graphene in a corrosion-inhibiting coating.
The
Company very recently received additional encouraging preliminary
results from the University of British Columbia-Okanagan (UBC-O) which
has used ZEN’s Graphene to enhance the performance of aluminum casting
alloys. UBC-O has mixed small volumes of Graphene with an aluminum
powder which was then sintered in Spark Plasma Sintering (SPS)
equipment. Preliminary results indicate that the Graphene resulted in a
significant increase in the electrical conductivity of the material with
a relatively small Graphene loading. Dr. Bichler commented: “Aluminum
with increased conductivity would have vast industrial applications.”
Test work will continue to optimize the Graphene loading to optimize the
electrical conductivity of the aluminum along with improvements in the
thermal and mechanical properties.
Additionally,
UBC-O reported encouraging preliminary results on the use of ZEN’s
Graphene in an epoxy corrosion-inhibiting coating for steel. UBC-O
tested four samples of steel: one uncoated, one coated with epoxy only,
one coated with an epoxy-graphite mixture, and one with an
epoxy-Graphene mixture. The four samples were then exposed to a
corrosive, highly saline solution for 10 days after which the level of
surface of corrosion was examined and quantified. The following
preliminary observations were reported by UBC-O:
Uncoated steel – 100% of surface corroded
Epoxy-coated steel – 67% of surface corroded
Epoxy-graphite mix coated surface – 93% of surface corroded
Epoxy-Graphene mix coated surface – only 3% of surface corroded
These
promising anti-corrosion results from the Epoxy-Graphene mix coated
surface will be followed up by additional test work to optimize the
Graphene loading in the epoxy resin to potentially develop an
anti-corrosion coating application.
ZEN
Graphene Solutions Ltd. is an emerging graphene technology company with
a focus on development of the unique Albany Graphite Project. This
precursor graphene material provides the company with a competitive
advantage in the potential graphene market as independent labs in Japan,
UK, Israel, USA and Canada have demonstrated that ZEN’s Albany Graphite
easily converts (exfoliates) to graphene, using a variety of simple
mechanical and chemical methods.
To find out more on ZEN Graphene Solutions Ltd., please visit our website at www.ZENGraphene.com. A copy of this news release and all material documents in respect of the Company may be obtained on ZEN’s SEDAR profile at www.sedar.ca.
Posted by AGORACOM-JC
at 4:05 PM on Monday, September 30th, 2019
SPONSOR: NORTHBUD (NBUD:CSE)
Sustainable low cost, high quality cannabinoid production and
procurement focusing on both bio-pharmaceutical development and
Cannabinoid Infused Products. Learn More.
NBUD: CSE —————————–
Coors Enters CBD Market With New Distribution Deals
As CBD continues to hit fever pitch with consumers, Molson Coors Brewing Company is entering the business
Company recently inked distribution deals with Colorado’s Best Drinks and DRAM Apothecary.
As CBD continues to hit fever pitch with consumers, Molson Coors
Brewing Company is entering the business. The company recently inked
distribution deals with Colorado’s Best Drinks and DRAM Apothecary.
“We are very excited to add Colorado’s Best Drinks and DRAM to our
portfolio, giving us the ability to offer amazing CBD hemp products to
retailers and consumers in the Denver Metro area. We see a big demand
for high quality and unique products in the non-alcoholic space and we
think Colorado’s Best Drinks and DRAM are the perfect solution to fill
that consumer demand,†says Jennifer DeGraff, director of marketing,
Coors Distributing Company.
Moose Koons, co-owner of Colorado’s Best Drinks, explains that the
process started about eight months ago when one of the company’s
beverages ended up in the hands of someone at the company.
“We started the process from there and Coors really saw an
opportunity,†he says. “Working with Coors is going to open up our
distribution into restaurants, grocery, bars, convenience stores — they
have a fantastic network. But it’s also about the validation and
legitimacy of our organization. We’ve been selling CBD drinks for more
than a year now.â€
Koons explains that Colorado’s Best Drinks has worked closely with
the Colorado Department of Health in order to figure out healthy CBD
boundaries in consumables, which he feels is one of the reasons that
Coors was drawn to the company.
Additionally, Koons adds that what makes Colorado’s Best Drinks
different from other CBD-infused beverages out there is the fact that
the company is hands-on in the manufacturing process.
“We understand how ingredients go together and how they bond.
Sometimes, CBD can be tricky and may not want to blend, but we found
solutions to make sure we are putting out a quality product,†he says.
As for teaming up with Coors as far as distribution, Koons says the
company is poised for growth already, modeling its processes after the
booming craft beer industry in Colorado.
“We watched the craft beer industry and we’ve been working on
scalability for two or three years. We should be able to increase
distribution without having to change the facility and we put a lot of
processes and procedures in place already,†he says.
Currently, distribution will be limited to Colorado while the Food
and Drug Administration irons out regulations regarding hemp-based food
and beverages. However, Koons notes that continuing the education of the
consumer will help to eliminate stigma, questions and concerns
surrounding the growing food and beverage category.
“One of our goals is to continue to educate the consumer that hemp is
fantastic. It’s sustainable and there are even receptors in your body
that allow you to be able to process it. We are going to continue to try
to really bring hemp into the spotlight,†he says.
Colorado’s Best Drinks offers a full line of sparkling beverages
infused with broad spectrum hemp extract. Each flavor – Black Cherry,
Cola, Ginger Ale, Lemonade and Root Beer – is crafted with just five
ingredients: sparkling water, organic agave nectar, natural flavors,
non-GMO citric acid, and broad spectrum hemp extract. Each 12oz BPA-free
can contains 100 calories and are all vegan, gluten-free, non-GMO, and
free of sodium and preservatives.
Posted by AGORACOM
at 2:34 PM on Monday, September 30th, 2019
SPONSOR: Gratomic Inc. (TSX-V: GRAT) Advanced
materials company focused on mine to market commercialization of
graphite products, most notably high value graphene based components for
a range of mass market products. Collaborating with Perpetuus, Gratomic
will use Aukam graphite to manufacture graphene products for
commercialization on an industrial scale. For More Info Click Here
The wonder material is yet to live up to its potential but an Indian startup is weaving dreams with this form of carbon
The molecule is priceless, but it’s not the cost — a few lakh rupees
per kilo — that helped graphene win the epithet of “wonder material†or
“possibly the most remarkable substance discovered†in scientific
circles.
Graphene owes its impressive resume to its multiple attributes —
strong, flexible, light, transparent, waterproof and a good conductor of
electricity. Ever since it was discovered in 2004, scientists have been
speculating about its potential uses — replacing silicon in
electronics, indium in touchscreens and liquid polymer in bulletproof
vests. Unfortunately, the wonder material has failed to deliver on its
promises and still has a long way to go.
Despite that, scientists and entrepreneurs haven’t stopped pumping
billions of dollars and man hours into the quest for new inventions with
graphene that can transform sectors such as electronics, energy, health
and construction.
Log 9 Materials, a Bangalore-based nanotechnology start-up, has been
chasing the graphene dream since it was founded in 2015 by IIT-Roorkee
graduates Akshay Singhal and Kartik Hajela. It has been trying to tame
the material in many avatars — cigarette filters, batteries for
electronic vehicles and coatings for aircraft. Their latest foray is
into industrial clean up, including oil leaks and oil spills. Liquid
petroleum often gets accidentally released into oceans, bays and rivers
during transport and the spill does irreparable damage to aquatic life.
“The oil sorbent pads (LSP 20) innovated by us help contain and
absorb off-shore and on-shore [oil] spills as well as spills of other
chemicals,†says Akshay Singhal, co-founder and chief executive officer
of Log 9 Materials. “LSP 20 is able to absorb spills up to 86 times its
own weight. It has been tested against British Standards by third party
laboratories and has also been certified safe to incinerate and
dispose,†he adds.
There is always a risk of spillage during exploration, transportation
and storage of oil. Spills have the potential to cause irreparable
ecological damage in sea and on land. In situ combustion, oil booms and
oil skimmer vessels are used to clean up such spills but are not very
efficient. The products and particulates emitted through oil combustion
pollute the atmosphere while booms and skimmers, which are meant to
confine the spill to a specific location for collection, do not work
well in turbulent water.
One of the most economical and efficient means of removing oil spills
is to use sorbents that repel water (hydrophobic) but absorb oil
(oleophilic).
Akshay Singhal, co-founder and chief executive officer of Log 9 Materials
One of the most efficient means of removing oil spills is to use sorbents that repel water but absorb oil
Various natural absorbers such as expanded perlite and zeolites,
organic materials such as wool fibre, activated carbon and sawdust have
all been used as sorbents because of their extremely small pores.
However, these materials are incapable of absorbing oil without the
water. That is why new materials are needed that can sequester oil and
remove it. Various microporous polymers have been studied due to their
large specific surface area and hydrophobicity. Although they show
relative high absorption ability, the cost of these kinds of sorbents is
also high.
Graphene, discovered at the University of Manchester, UK, in 2004,
consists of thin flakes of carbon atoms arranged in a hexagonal
structure. It has a high surface area. While a typical carbon atom has a
diameter of about 0.33 nano metres, there are about three million
layers of graphene in 1mm of graphite — a crystalline form of the
element, carbon. Harder than diamond but more elastic than rubber,
tougher than steel yet lighter than aluminium, it can be processed into
various unique structures. Several graphene-based structures have been
designed and fabricated over the past decade to strongly repel water
(superhydrophobic) but absorb oil (superoleophilic) efficiently. These
characteristics make graphene an ideal candidate for selective
absorption of oil spills.
“We manufacture products to control spills of all forms, using
graphene. These products can be used to prevent, control and clean
spills in and around marine or terrestrial ecosystems,†says Dhananjay
Sharma, director and chief executive officer, Log 9 Spill Containment
Pvt. Ltd.
“The company has a larger agenda to educate various industries and
businesses about the value propositions attached to using graphene-based
products or offerings with respect to cost savings and environmental
impact,†he adds.
While graphene has countless potential applications, Log 9’s focus is
on two main areas: filtration and energy. Apart from the oil sorbent
pad, they are currently working on a metal-air battery which could
replace the current lithium ion batteries.
Says Singhal, “This battery makes use of the interaction of air,
water and aluminium. The air cathode made of graphene generates
electricity, thus making it lighter in weight compared to lithium ion
batteries.†Moreover, these batteries can run about 1,000km on a single
charge compared to 100-150km of the current ones.
Technology usually progresses at a slow pace. Swedish chemist Jakob
Berzilius purified silicon in 1824 but it took more than a century for
the semiconductor — used to run all modern electronic gadgets — industry
to develop. Most of the components of today’s smartphones, from
microprocessors to touchscreens, were also invented in the 1960s. It is,
therefore, expected that it will take some time for more horizons to
open up in the world of graphene. It is laudable that an Indian start-up
has dared to join graphene’s innovation race.
Posted by AGORACOM-JC
at 10:48 AM on Monday, September 30th, 2019
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
Electric-Car Dreams Could Fall a Nickel Short
Demand for a form of nickel needed in electric-vehicle batteries is starting to outpace supply
By Rhiannon Hoyle
SYDNEY—Global producers of electric cars have big ambitions and a bigger problem: Supplies of a key material are running short.
Nickel sulfate is a brilliantly colored crystalline substance used in electric-vehicle batteries.
The ore most commonly used to produce it is mined in only a handful of
places—and they include some of the most politically or operationally
challenging, such as Russia or Canada’s frozen Northeast.
Nickel sulfate accounts for just a fraction of global nickel sales;
about 70% of nickel is used in stainless steel. But auto makers will
launch more than 200 new plug-in electric vehicles through 2023,
consulting firm AlixPartners estimates—and that isn’t counting hybrids.
UBS expects batteries in electric vehicles to account for 12% of global
nickel demand by then, up from 3% in 2018.
And after years of low prices that stalled investment by global
miners, nickel supply is falling short of demand. “There’s no new nickel
in the pipeline,†said Angela Durrant, principal metals analyst at Wood
Mackenzie, a U.K.-based consulting firm.
Tags: CSE, nickel, nickel demand, stocks, tsx, tsx-v Posted in All Recent Posts, Tartisan Nickel | Comments Off on Electric-Car Dreams Could Fall a Nickel Short – Tartisan #Nickel $TN.ca hosts measured and indicated resource of 7.14 million tonnes at 0.62% $ROX.ca $FF.ca $EDG.ca $AGL.ca $ANZ.ca nickel
Posted by AGORACOM-JC
at 10:16 AM on Monday, September 30th, 2019
SPONSOR: Betteru Education Corp.
aims to provide access to quality education from around the world. The
Company plans to bridge the prevailing gap in the education and job
industry and enhance the lives of its prospective learners by developing
an integrated ecosystem. Click here for more information.
BTRU: TSX-V
The Huge Opportunity Education Investors Are Missing
Of course, there’s no such thing as a sure investment but here’s why getting aboard the education train in India sure feels like it.
HolonIQ, KPMG and others relay the numbers – India has 260 million students studying at 1.5 million schools.
If you pay attention for more than even a few minutes, it’s easy to
be dumbfounded by the decision-making of education and education
technology investors as they routinely pour money into businesses and
concepts that have no hope of working. They continually believe
education ventures and education markets function like normal ventures
in other markets and that what they hear from misinformed pundits is
accurate. They don’t. And it’s probably not.
At the level of the individual decision and the particular funding
round, there is a parade of examples. But the easiest example is at the
macro, international level where investors and speculators have yet to
move on what may be the greatest educational growth opportunity they
will likely ever see – India.
To say the education and education investment opportunities in India are massive is to not understand the word massive.
As you review the statistics and projections about India, keep in
mind that ed and edtech investment there is just 10% of the global
total, behind China and the U.S. According to HolonIQ, just $700 million was invested in India edtech in 2018 and just one company, Byju’s, raked in $540 million of that. Every other investment in education in India shared a paltry $160 million.
Of course, there’s no such thing as a sure investment but here’s why
getting aboard the education train in India sure feels like it.
HolonIQ, KPMG and others relay the numbers – India has 260 million students studying at 1.5 million schools.
The country has 600 million people under the age of 25 and some 27
million undergraduate college students. That’s 4.5%. For comparison, the
U.S. has about 17 million undergrads out of population of about 100
million in the under-25 bracket, obviously, that’s about 17%. The growth
potential in higher ed alone should be obvious.
With 400 million smart phone users, it’s the second-largest connected
country on the planet. And India’s projected economic growth is heavily
tied to service and technology and dependent on education. If the
country is going to continue to grow, its education system has to too.
National leaders know this are likely to continue big investments and
favorable policies.
Further, most education in India is done in English. All of higher
education is. Which means that for U.S. investors and innovators
especially, India ought to be a comparatively easy market to understand
and reach. Even more significantly, India allows for 100% direct foreign
investment in education.
The KPMG report predicts more than 50% annual growth in online
learning in India, due to the rapid growth in young people and Internet
connectivity. They expect that business in the reskilling and continuing
credential market to grow 38% annually.
And like many young people, students and prospective students in
India are highly responsive to educational quality as represented by
brand. In other words, known American and European education brands
that get in India now could really clean up as the country’s warp-speed
growth kicks in.
Overall, the KMPG report is not subtle about the India education
market, saying, “The education market in India … presents a lucrative
opportunity for monetization.†HolonIQ says the environment there
“translates into a huge opportunity as the target market for education
and upskilling.â€
It appears so.
Yes, education providers should not chase money, they should follow a
more noble purpose. But that case is sitting in India too. With 30% of
India’s population under the age of 14, the risk that India’s education
won’t keep pace is a real, geopolitical threat. Helping them grow in
size and quality is important on a number of fronts. And, if India’s
education system can keep pace, the growth will dwarf anything in China
and not even compare with anything in the U.S.
And yet investors and education providers have been comparatively
slow to move to and in India. In 2018, education funding in the U.S. was
twice what it was in India and education investment in China was nearly
seven times larger. To an observer, that makes little sense.
It feels that if you have a MOOC platform or a lab school or a random
digital learning app – investments with little hope of financial return
and even less hope of educational reform – venture capital flows like
wine at a bacchanal.
Maybe that’s overstated. What’s probably not overstated is what’s
coming in the education space in India. That feels very real. Let’s see
if the wizards of Wall Street and the sultans of Silicon Valley
recognize it.
Posted by AGORACOM
at 9:46 AM on Monday, September 30th, 2019
Cardston, Alberta–(Newsfile Corp. – September 30, 2019) – American Creek Resources Ltd. (TSXV: AMK) (“American Creek”) (“the Corporation”) is pleased to announce composite results from JV partner Tudor Gold’s ongoing drill program being conducted at the Treaty Creek Project located in the Golden Triangle of NW British Columbia. As announced on September 23, 2019 we now have results from two deep vertical diamond drill holes (drilled to a depth of over 1,000m) and four definition drill holes. All six holes intercepted significant gold mineralization over wide intervals at the Goldstorm Zone.
Goldstorm Extension
Hole GS19-47 was drilled as a 150m step-out from hole GS19-42
(reported July 30, 2019 averaging 0.683 g/t Au over 780m) and was
drilled vertically to a total depth of 1,199m, ending in mineralization.
The hole contains strong stockwork with gold-bearing mineralization
accompanied by significant base-metal disseminated sulphide
mineralization averaging 0.589 g/t Au over 1081.5mincluding an upper interval of 0.828 g/t Au over 301.5m and a lower interval of 0.930 g/t Au over 207 m.
The hole was stopped in mineralization due to the drill rig reaching
its depth limitation, however, casing was left in the hole for possible
continuation next year.
This 150 meter step-out hole confirms that the Goldstorm system is
gaining strength to the northeast. With this strongly mineralized
intercept, the Goldstorm Zone has been extended by a total of 300m
this year from the best hole drilled in 2018 (CB18-39, averaging 0.981
g/t Au over 563.8m) and has now been traced along strike for over 800
meters.
Goldstorm Definition Drilling
A second deep vertical hole, GS19-48, was drilled to a total depth of
1035m from the same pad as CB18-39 (drilled in 2018). The results
exhibit excellent continuity of mineralization between holes and this
drill hole returned 0.725 g/t Auover 838.5m, including a near surface interval of 328.5m averaging 1.048 g/t gold Au.
Four footwall definition holes (GS19-43 to GS19-46) drilled on
section 109+00 NE, were successful in extending the width of the
mineralized zone, to the southeast into the footwall of the controlling
fault structure.
Hole GS19-43 returned an average of 0.566 g/t Au over 493.5m;
Hole GS19-44 returned an average of 0.807 g/t Au over 267m including 1.065 g/t Au over 150m;
Hole GS19-45 returned an average of 0.719 g/t Au over 325.5m including 1.000 g/t Au over 173m.
Hole GS19-46 returned an average of 0.510g/t Au over 594m including 0.734 g/t Au over 162m.
Tudor Gold Exploration Manager, Ken Konkin explains:
“Given the success of the two deep drill holes GS19-47 and GS19-48, the
Goldstorm System shows no signs of weakening to the northeast and
several more drill holes will be needed to find the length and depth of
this huge gold system. Hole GS19-47 showed a very strong quartz
stockwork system and was still in gold values at the end of the 1,199
meter drill hole. The bottom of GS19-47 averages 0.930 g/t Au over 207 meters.
This is the first time we’ve seen this strength of gold mineralization
at depth. Furthermore, a strong copper association was encountered with
gold values at depth in both GS19-47 and GS19-48.
A 151.5m zone of 0.22% copper with 0.572 g/t gold was intercepted from 665.0 to 816.5 meters in GS19-47 and a 66.0m zone of 0.35% copper with 0.958 g/t gold was intercepted from 874.5 to 940.5m in GS19-48.
Not only does the Goldstorm Zone remain open at depth and along
strike, we are now seeing base-metal associations possibly as part of a
zonation within the metal system.”
The following table provides gold composites from all nine 2019 drill
holes completed on five sections that cut the Goldstorm Zone
Table 1: Gold Composite Intervals for Drill Holes GS19-40 to GS19-48
The following table contains diamond drill hole location data for the
drill holes completed in 2019. See the accompanying plan map that shows
drill hole locations and section lines.
Table 2: Diamond Drill Hole Co-ordinates
* Co-ordinates are subject to completion of final survey readings * Orientations are reported for the azimuth and dip of holes at their collars
Goldstorm Zone Drill Section 109+00 NE, 111+00 NE and 114+00 NE
Section 114+00 NE is a 300 m step-out on strike from 111+00 NE and
hole GS19-47 hosts what is now the longest and deepest gold intercept on
the project to date.
Section 111+00 NE shows the consistency of the upper horizon gold grades between holes and new depth extension in hole GS19-48.
Section 109+00 NE shows four definition holes drilled this season to better outline the extent of the zone to the southeast.
Goldstorm Zone Plan Map
The Goldstorm Zone now extends more than 800 meters in strike length
and remains open along strike to the Northeast and Southwest as well as
to depth.
Goldstorm zone drill sections and the plan map are included at the bottom of the news release.
The diamond drilling program continues with two drill rigs. Additional results will be announced as they become available.
Walter Storm, Tudor Gold President and CEO, stated:
“I am very pleased to see that all nine holes drilled have reported
very good results and we have not missed on any step-out targets nor any
footwall extension holes, they were all hits. These results have proven
that we have an excellent understanding of the structure, geology and
mineralogy of this massive gold system. I am looking forward to
continuing our exploration efforts in order to unlock the full potential
of this large gold system.”
Darren Blaney, American Creek CEO, stated: “The
Goldstorm deposit continues to produced world-class intercepts that are
both deep and yet very strong close to surface. Hole GS-19-48 carries 0.725 g/t Au over 838.5m including a near surface interval of 1.048 g/t over 328.5m. It’s just one of many holes that extend to depth ending in mineralization.
In referring to the step out hole GS-19-47 (0.589 g/t Au over
1081.5m including an upper interval of 0.828 g/t Au over 301.5m and a
lower interval of 0.930 g/t Au over 207 m), Eric Sprott stated “That’s
a huge, huge, huge intersection! I’ve always thought this thing has an
easy shot of coming up with 20 million ounces of low-grade gold and
there’s nothing in these results that will deter me from thinking that,
and they’re well positioned in terms of logistics”. What we’re
really excited about is the richer intersections for hundreds of meters
close to surface throughout the entire Goldstorm system. While this
system is proving to be very deep, the reality is it’s also becoming a
rich gold system close to surface that lends itself towards the
possibility of being open pit mined”.
QA/QC
Drill core samples were prepared at MSA Labs’ Preparation Laboratory
in Terrace, BC and assayed at MSA Labs’ Geochemical Laboratory in
Langley, BC. Analytical accuracy and precision are monitored by the
submission of blanks, certified standards and duplicate samples inserted
at regular intervals into the sample stream by Tudor Gold personnel.
MSA Laboratories quality system complies with the requirements for the
International Standards ISO 17025 and ISO 9001. MSA Labs is independent
of the Company.
Qualified Person
The Qualified Person for this news release for the purposes of
National Instrument 43-101 is Tudor Gold’s Exploration Manager, Ken
Konkin, P.Geo. He has read and approved the scientific and technical
information that forms the basis for the disclosure contained in this
news release.
About American Creek
American Creek is a Canadian junior 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.
A major drill program is presently being conducted at Treaty Creek by
JV partner and operator Tudor Gold. There are two drills working on the
Goldstorm zone at present.
The Treaty Creek Project is a Joint Venture with Tudor Gold owning
60% and acting as operator. American Creek and Teuton Resources each
have 20% interests 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”.
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
Figure 1: Goldstorm Zone Selected Results From Deep Step-out Holes
Posted by AGORACOM-JC
at 7:11 AM on Monday, September 30th, 2019
Congratulates the Vancouver Titans, a professional esports team the Company has a non-controlling interest in, for a record breaking first season in the Overwatch League and for making it to the Overwatch Grand Finals in Philadelphia.
Throughout the season and coming into the Grand Finals, the Vancouver Titans were ranked #1 and finished with a season record of 25-3.Â
TORONTO, Sept. 30, 2019 – Enthusiast Gaming Holdings Inc. (“Enthusiast Gaming“) (TSX-V: EGLX) (FSE: 2AV), congratulates the Vancouver Titans, a professional esports team the Company has a non-controlling interest in, for a record breaking first season in the Overwatch League and for making it to the Overwatch Grand Finals in Philadelphia. Throughout the season and coming into the Grand Finals, the Vancouver Titans were ranked #1 and finished with a season record of 25-3.Â
Managed by Enthusiast Gaming’s esports division, Luminosity Gaming Inc. (“Luminosity Gamingâ€),
the Vancouver Titans battled the San Francisco Shock in the final match
of the Grand Finals tournament, at the sold out Wells Fargo Arena in
Philadelphia. The total prize pool for the tournament was US$3.5
million.
On September 29, the Grand Finals were broadcast live across North
America mainstream media channels, ABC, ESPN and TSN and were
livestreamed on Twitch in 190 countries. Overall viewership is projected
to be higher than the 10.8 million global audience that watched the
2018 finals. The Overwatch League consists of 20 teams across six
countries and three continents. Its projected that over 40 million
people play Overwatch worldwide.
Luminosity Gaming is a leading esports organization with 7
championship teams across the world’s most popular game titles.
Enthusiast Gaming acquired its interest in the Vancouver Titans from the
team’s majority owner, the Aquilini Investment Group. The Company
recently announced that it will be joining the 2020 Call of Duty League,
with the acquisition of a non-controlling interest in the Seattle based
team.
Steve Maida, President of Luminosity Gaming, Enthusiast Gaming’s esports division commented, “Congratulations to both teams for making it to the 2019 Grand Finals! I
am sure the millions of fans around the world enjoyed watching teams of
this calibre. As owners and managers of the Vancouver Titans, we are
very proud of the team for an unbelievable first season and for the hard fought battle against the San Francisco Shock. We eagerly await next season from Rogers Arena.â€
About Enthusiast Gaming
Enthusiast Gaming is one of the largest vertically integrated video
game and esports companies in the world. The Company’s digital platform
includes +100 gaming related websites and 900 YouTube channels which
collectively reach 150 million visitors monthly. Enthusiast’s esports
division, Luminosity Gaming, a leading global esports organization
consists of 7 professional esports teams under ownership and management,
including the #1 ranked Overwatch team, the Vancouver Titans and over
50 gaming influencers with a total audience of 60 million followers.
Collectively, the community reaches over 200 million gamers on a monthly
basis. Enthusiast also owns and operates Canada’s largest gaming expo,
Enthusiast Gaming Live Expo, EGLX, (eglx.com) with approximately 55,000
people attending in 2018. For more information on the Company, visit www.enthusiastgaming.com. For more information on Luminosity Gaming, please visit luminosity.gg
CONTACT INFORMATION
Investor Relations: Julia Becker Head of Investor Relations & Marketing Telephone: 604-785-0850 Email: [email protected]
Forward-Looking Information
Certain statements in this release are forward-looking
statements. Forward looking statements consist of statements that are
not purely historical, including any statements regarding beliefs,
plans, expectations or intentions regarding the future. Such statements
are subject to risks and uncertainties that may cause actual results,
performance or developments to differ materially from those contained in
the statements, including risks related to factors beyond the control
of Enthusiast Gaming. The risks include risks that are customary to
transactions of this nature and customary to companies which have their
stock traded on the TSXV. No assurance can be given that any of the
events anticipated by the forward-looking statements will occur or, if
they do occur, what benefits Enthusiast Gaming will obtain from them.
This press release does not constitute an offer to sell or
solicitation of an offer to buy any of the securities in the United
States. The securities have not been and will not be registered under
the United States Securities Act of 1933, as amended (the “U.S.
Securities Actâ€) or any state securities laws and may not be offered or
sold within the United States or to a U.S. Person unless registered
under the U.S. Securities Act and applicable state securities laws or an
exemption from such registration is available.
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of this
release.
