Posted by AGORACOM-JC
at 6:07 PM on Thursday, August 22nd, 2019
At 165,000 patients, Empower Clinics (CBDT:CSE) (EPWCF:OTCQB) has a database that almost every medical cannabis and CBD company would kill for. Add in the fact it is now on a ~ $USD 4,000,000 annualized revenue run rate for 2019 and it becomes the kind of company small cap investors have been dying to find. Â
But it doesn’t end there.  Â
The Company is set to expand rapidly by taking its proven model into the franchise world for rapid expansion across the USA, with 4 applications already received in the last 30 days, as well as, launch its CBD extraction facility with an initial capacity of 6,000 Kg per year. Â But it doesn’t end there. Â
The Company’s new CEO, Steven McAuley, who replaced the previous management team in January, is Six Sigma certified under the quality initiative of legendary GE chairman Jack Welch. We’ve never seen a Six Sigma certified CEO in the Canadian small cap markets. Never. Â
Grab your favourite cold beverage here in hot August and settle in for what may be your next great small cap investment.
Posted by AGORACOM-JC
at 4:40 PM on Thursday, August 22nd, 2019
TN: CSE —————————-
Investment Highlights
Kenbridge property has a measured and indicated resource of 7.14 million tonnes at 0.62% nickel, 0.33% copper
17.5 (21.8 fully diluted) percent equity stake in Eloro Resources and 2 percent NSR in their La Victoria property
Kenbridge Ni Project (ON, Canada)
Advanced stage deposit remains open in three directions, is
equipped with a 623m deep shaft and has never been mined.
Preliminary Economic Assessment completed and updated returned robust project economics and operating costs including a NPV of C$253M and cash costs of US$3.47/lb of nickel net of copper credits.
Plans for Kenbridge include updating PEA,
advancing the project through to feasibility and exploring the open
mineralization at depth
located in a prolific polymetallic mineral belt in Central Peru.
Trevali Mining Corporation’s Santander Silver-Lead-Zinc mine is located 9 kilometers to the east of the Project.
The world class Iscaycruz and Yauliyacu Polymetallic Mines operated
by Glencore-Xstrata plc.are located 50 kilometres to the north-northwest
of the Project.
Buenaventura’s Silver-Lead-Zinc Uchucchacua mine is located 63 kilometres north of the Project.
Located adjacent and less than 3 km from Buenaventura’s San Gabriel
(Canahuire) Deposit (2.5 million ounce gold: 50% Indicated-50%
Inferred*) in Southern Peru.
A new emerging mineral camp Blind Discovery Hole drilled in September 2008 – targeted IP anomaly
Excellent infrastructure with easy road access, abundant water and an industrial power corridor some 4.3 km from the site.
The project is within 50 km of several large low-cost producing
mines including: the Tahoe Resources Inc.’s La Arena & Shahuindo
gold deposits; Barrick Gold’s Lagunas Norte (Alto Chicama) gold deposit
and past-producing Pierina gold deposit; and, the Santa Rosa gold-copper
mine, owned by Compañia Minera Aurifera Santa Rosa (COMARSA).
FULL DISCLOSURE: Tartisan Nickel Corp. is an advertising client of AGORA Internet Relations Corp.
Posted by AGORACOM
at 4:16 PM on Thursday, August 22nd, 2019
SPONSOR: Advance Gold AAX.v – Advance Gold controls 100% interest in the Tabasquena Silver Mine in Zacatecas, Mexico. A cluster of 30 Epithermal veins have been discovered, with recent emphasis on exploring a large anomaly to drill. Advance also owns 15% of the Kakamega JV attached to Barrick Takeover Offer for Acacia Mining. Click Here For More Info
Worldwide holdings have rebounded since 2016 on rising demand
Goldman Sachs has forecast further gains in bullion to $1,600
Gold’s faring extremely well as a haven asset, with inflows into exchange-traded funds hitting 1,000 tons since holdings bottomed in early 2016 after a prolonged unwind in the wake of the global financial crisis.
Total known ETF holdings expanded to 2,424.9 tons on Wednesday, the
highest since 2013, following inflows over the past three years and a
continued build-up in 2019, according to data compiled by Bloomberg.
Current assets are about 1,000 tons higher than the post financial
crisis nadir of 1,425.1 tons.
Gold has surged this year as investors seek protection from slowing
global growth, the incessant trade war, and turmoil in the bond market
that suggests the U.S. may be headed for another recession. The rise has
been aided by a rate cut from the Federal Reserve and expectations more
will soon follow. This week, veteran investor Mark Mobius gave a
blanket endorsement to buying bullion, saying accumulating the precious
metal will reap long-term rewards.
Others are also bullish. Goldman Sachs Group Inc. has said prices will climb
to $1,600 an ounce over the next six months. The bank’s global head of
commodities research, Jeffrey Currie, said that gains are likely be
fueled by demand for ETFs as well as increased central-bank purchases.
Spot gold traded at about $1,500 on Thursday, up 17% this year.
Posted by AGORACOM
at 2:52 PM on Thursday, August 22nd, 2019
SPONSOR: GGX Gold Corp (TSX-V: GGX) GGX’s Gold Drop Property resides within a multi-million ounce gold producing region in British Columbia. The property holds the C.O.D. Vein and recently discovered Everest Vein. GGX has initiated 2019 drilling at Gold Drop. Click Here for More Info
Worldwide holdings have rebounded since 2016 on rising demand
Goldman Sachs has forecast further gains in bullion to $1,600
Gold’s faring extremely well as a haven asset, with inflows into
exchange-traded funds hitting 1,000 tons since holdings bottomed in
early 2016 after a prolonged unwind in the wake of the global financial
crisis.
Total known ETF holdings expanded to 2,424.9 tons on Wednesday, the
highest since 2013, following inflows over the past three years and a
continued build-up in 2019, according to data compiled by Bloomberg.
Current assets are about 1,000 tons higher than the post financial
crisis nadir of 1,425.1 tons.
Gold has surged this year as investors seek protection from slowing
global growth, the incessant trade war, and turmoil in the bond market
that suggests the U.S. may be headed for another recession. The rise has
been aided by a rate cut from the Federal Reserve and expectations more
will soon follow. This week, veteran investor Mark Mobius gave a
blanket endorsement to buying bullion, saying accumulating the precious
metal will reap long-term rewards.
Others are also bullish. Goldman Sachs Group Inc. has said prices will climb
to $1,600 an ounce over the next six months. The bank’s global head of
commodities research, Jeffrey Currie, said that gains are likely be
fueled by demand for ETFs as well as increased central-bank purchases.
Spot gold traded at about $1,500 on Thursday, up 17% this year.
Posted by AGORACOM-JC
at 11:04 AM on Thursday, August 22nd, 2019
In 2015, HPQ Silicon (HPQ:TSXV) began its quest to completely change the economics of the global silicon market, which would also significantly impact the solar and battery markets. Quite frankly, it almost seemed like an audacious goal that HPQ had no business even thinking about. Â
Fast forward to today and the following quote from CEO, Bernard Tourillon, says it all:  “We are ready to start commercializing our PUREVAP™ QRR technology.
We are aiming to completely revolutionize the economics of the $24B silicon industry and create significant cash flow†Â
It now seems that HPQ didn’t just think about this audacious goal, they are on the cusp of actually achieving it.  Â
If you’re still skeptical, then you also need to know that HPQ Silicon hasn’t gone at this alone. Their world class technology consortium includes Pyrogenesis Canada (a global leader in plasma torch technologies) and Apollon Solar (one of the world’s leaders in renewable energies).  Â
With partners of this calibre, you have to take the statements of HPQ Silicon very seriously – and now keep a very close eye on them as they begin to enter their commercialization stage over the next 6 months. Â Grab your favorite beverage, get comfortable and watch this interview with CEO, Bernard Tourillon.
Posted by AGORACOM
at 9:21 AM on Thursday, August 22nd, 2019
SPONSOR: Applied Biosciences Corp. is a vertically integrated company focused on the development of science-driven cannabinoid therapeutics and biopharmaceuticals, as well as state-of-the-art testing and analytics. As a leading company in the CBD, Pet and Health and Wellness space, the company is currently shipping to the majority of US states as well as to 5 International countries. Click Here for More Info
Athletes and competitors continually push their bodies. But, in order
to get best results, their bodies also need to recover properly.
Regardless of whether the athlete is a regular gym goer, a weekend
warrior, or a pro athlete, recovery is crucial to avoid injuries and
ensure maximum performance.
As a result, many athletes are looking for solutions that can help
improve their post-workout recovery. One interesting option for athletes
is CBD. In this post, we will highlight the use of CBD as a sports
recovery tool and the research supporting it. By the end of this
article, you will understand why many athletes are adding CBD to their
workout recovery routine.
Understanding How CBD Can Help Athletes
CBD, also called cannabidiol, is a natural chemical found in cannabis
plants (hemp or marijuana). But, CBD will not get you high. The high
that is often associated with marijuana actually comes from a different
chemical in the cannabis plant: tetrahydrocannabinol (THC). The World Health Organization recognizes that CBD is non-toxic, non-addicting, and generally safe.
The evidence for the benefits of using CBD is still in the early stages but is starting to stack up with over 11,000 published medical and scientific studies. How can CBD help athletes during their workout and for competitive performance.
Inflammation/Pain
A study published in the journal Bioorganic & Medicinal Chemistry1
shows that CBD has anti-inflammatory properties and plays a role in
helping with pain management. This can be beneficial after an intense
workout. The pain or soreness that athletes feel when their muscles are
fatigued is often a result of microscopic muscle tears and inflammation.
This micro-tearing is an important part of muscle growth as it allows
the body to increase strength by increasing the size of muscles. CBD may
help reduce this inflammation and better prepare the body for another
workout.
In addition, when a muscle becomes sore, it can signal that the body
needs to restrict muscle contraction as a defense mechanism to prevent
muscle damage. Although this response is natural and normally healthy,
it can be detrimental to athletic performance. By helping moderate the
signals sent through the body, CBD oil can manage the body’s reactions
for muscle contraction, muscle tightness, and cramps.2
Sleep
A good night’s sleep and ample rest are vital for sports recovery and
good performance. Sleep gives the body a chance to regenerate and
repair damaged muscle fibers. Research studies on CBD also demonstrate
that it helps moderate sleep routines for improved sleep quality and
duration.3
Mental Health
The importance of focus and attention while playing a sport is a
no-brainer. Some people take pre-workout supplements with high amounts
of caffeine to help improve focus. But, CBD can also help increase focus
by reducing stress/anxiety.
CBD has been shown to have anti-anxiety properties that moderate the
body’s reaction to stress.4 This is important because the body can
perceive intense muscle exertion during a workout as a sign of stress.
This can trigger the stress hormone, cortisol, which signals the body to
reduce protein synthesis. Thankfully, according to a 2016 study, CBD
can increase the presence of chemicals such as serotonin to help manage
the body’s reactions to stress.5
Is CBD a Banned Substance for Sports?
With these great benefits, an important question arises for
competitive athletes. Is it classified as a performance enhancer by
major sports regulatory bodies?
No. CBD is typically not banned from sports competition. In January 2019, the World Anti-Doping Agency (WADA) released its updated list of prohibited substances. The report
did not include CBD on this list, setting the pace for other regulatory
bodies, including the U.S. Anti-Doping Agency (USADA), to do the same.
This has also enabled many athletes to switch to using CBD for swelling
and inflammation rather than other options like ibuprofen, because they
may experience less adverse side effects with CBD.6
Are Professional Athletes Taking CBD?
Until recently, there has been a stigma in sports surrounding the use
of CBD. However, this is changing as top athletes publicly talk about
their use of CBD products and the improvements they see in their
recovery and performance. Below are some of the major athletes who are
endorsing the benefits of CBD:
CBD can be useful for improved physical or athletic performance.
There is early evidence to support that CBD may help with better and
easier recovery after intense physical exertion by reducing
inflammation, managing pain, aiding in sleep, and reducing stress.
Athletes looking to improve their workout recovery and athletic
performance may find it worth considering taking CBD.
Posted by AGORACOM-JC
at 8:32 AM on Thursday, August 22nd, 2019
Announced that Luminosity Gaming has signed international Fortnite influencers, “Spencerâ€, “Beaksâ€, and “Plu†to its roster of over 50 professional esports players and video gaming influencers.Â
The three influencers will continue creating and sharing content around the popular video game, Fortnite, to their combined network of 2.7 million followers.
TORONTO, Aug. 22, 2019 – Enthusiast Gaming Holdings Inc. (TSXV: EGLX) (OTCQB: EGHIF), (“Enthusiast†or the “Companyâ€), one of the largest vertically integrated video gaming media companies in North America, is excited to announce that Luminosity Gaming (“Luminosityâ€) has signed international Fortnite influencers, “Spencerâ€, “Beaksâ€, and “Plu†to its roster of over 50 professional esports players and video gaming influencers.Â
The three influencers will continue creating and sharing content
around the popular video game, Fortnite, to their combined network of
2.7 million followers. Luminosity continues to grow its combined reach
of 60 million followers through signing new professional players and
influencers and capitalizing on the 8 professional esports teams managed
under the brand.
On May 31, 2019, Enthusiast announced a merger with Luminosity and
Aquilini GameCo. and the combined entity will consist of over 85 gaming
websites, 900 YouTube Channels, 8 professional esports teams and over 50
influencers. The network reaches over 200 million viewers on a monthly
basis and has become one of the leading networks for advertisers wanting
to target the sought after gaming demographic. These signings allow
Enthusiast to continue to build customized sponsorship and marketing
programs for large brands across its website network, esports teams and
players and live events business.
Luminosity’s successful esports organization is an important
component of the Enthusiast platform. One of the Company’s key growth
priorities is Luminosity’s franchise appreciation through the growth of
the talent roster and the continued development of content rich channels
through players and influencers. Enthusiast will continue to leverage
Luminosity’s leading industry presence, brand affinity, and growing
roster of esports players and influencers to provide brands marketing
and promotional strategies and partnerships.
Menashe Kestenbaum, CEO of Enthusiast commented, “With
the rapid growth of esports, we are thrilled to have such a strong team
of content creators and esports professional athletes under the
Luminosity brand. Between Enthusiast’s online gaming communities and
live events and Luminosity’s dominance in esports, there are significant
synergies for growth and cross promotion across the entire platform. We
are building a powerful integrated video game and esports ecosystem and
continue to provide our brand partners customized marketing programs to
effectively reach these gaming communities.â€
About Enthusiast Gaming
Enthusiast Gaming is one of the largest vertically integrated video
game companies and has the fastest-growing online community of video
gamers. Through the Company’s organic and acquisition strategy, it has
amassed a platform of over 150 million monthly visitors across its
network of websites and YouTube channels. Enthusiast also owns and
operates Canada’s largest gaming expo, Enthusiast Gaming Live Expo,
EGLX, (eglx.ca) with approximately 55,000 people attending in 2018. For more information on the Company, visit www.enthusiastgaming.com.
About Luminosity Gaming
Luminosity Gaming is one of the largest globally recognized esports
organizations in the world, with over 50 professional esports players
and influencers reaching 60 million collective followers. Luminosity has
8 world class esports teams competing across top games such as
Fortnite, Apex, Rainbow Six: Seige, Counter Strike, Call of Duty,
Madden, Smite, etc. For more information visit www.luminosity.gg
CONTACT INFORMATION:
Investor Relations: Julia Becker Head of Investor Relations & Marketing [email protected] (604) 785.0850
This news release contains certain statements that may constitute
forward-looking information under applicable securities laws. All
statements, other than those of historical fact, which address
activities, events, outcomes, results, developments, performance or
achievements that Enthusiast anticipates or expects may or will occur in
the future (in whole or in part) should be considered forward-looking
information. Such information may involve, but is not limited to,
comments with respect to strategies, expectations, planned operations
and future actions of the Company. Often, but not always,
forward-looking information can be identified by the use of words such
as “plans”, “expects”, “is expected”, “budget”, “scheduled”,
“estimates”, “forecasts”, “intends”, “anticipates”, or “believes” or
variations (including negative variations) of such words and phrases, or
statements formed in the future tense or indicating that certain
actions, events or results “may”, “could”, “would”, “might” or “will”
(or other variations of the forgoing) be taken, occur, be achieved, or
come to pass. Forward-looking information is based on currently
available competitive, financial and economic data and operating plans,
strategies or beliefs as of the date of this news release, but involve
known and unknown risks, uncertainties, assumptions and other factors
that may cause the actual results, performance or achievements of
Enthusiast to be materially different from any future results,
performance or achievements expressed or implied by the forward-looking
information. Such factors may be based on information currently
available to Enthusiast, including information obtained from third-party
industry analysts and other third-party sources, and are based on
management’s current expectations or beliefs regarding future growth,
results of operations, future capital (including the amount, nature and
sources of funding thereof) and expenditures. Any and all
forward-looking information contained in this press release is expressly
qualified by this cautionary statement. Trading in the securities of
the Company should be considered highly speculative.
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of this
release.
The securities of the Corporation have not been and will not be
registered under the United States Securities Act of 1933, as amended
and may not be offered or sold in the United States absent registration
or an applicable exemption from the registration requirement. This press
release shall not constitute an offer to sell or the solicitation of an
offer to buy nor shall there be any sale of the securities in any
jurisdiction in which such offer, solicitation or sale would be
unlawful.
Posted by AGORACOM
at 2:40 PM on Wednesday, August 21st, 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
Smartphones and portable electronic devices are omnipresent in the
world we live in today. We rely heavily on these gadgets to complete a
wide range of daily tasks from simple reminders and calendar events to
more complex assignments and applications as powerful business tools.
At some point in the day, we will find ourselves rushing around a
room searching for a plug or USB socket as a cable dangles from our
hands because the lithium-ion batteries that currently power our devices
still only hold a limited charge.
However, frustrations such as this could soon be a thing of the past.
According to the reliable tech-tipster Evan Blass, Samsung is gearing
up to a 2021 launch of their usually hotly anticipated Galaxy series to
come equipped with a more efficient longer-lasting graphene battery.
On Monday, Evan Blass tweeted, “Samsung is hoping to have at
least one handset either next year or in 2021, I’m told, which will
feature a graphene battery instead.â€
Capable of a full charge in under a half-hour, they still need to raise capacities while lowering costs.
Evan Blass
Graphene batteries are believed to be the optimal solution and
alternative to the current generation of lithium-ion batteries on the
market. With higher electrical and heat conductivity compared to
lithium-ion solutions, graphene is also superior due to its lightweight,
flexible and durable qualities. For these reasons, we can begin to
understand why graphene has been hailed as a ‘wonder material’.
So, what would be the benefits of using the material graphene as an alternative to lithium-ion in battery packs?
Slimline solutions: having already discussed how
graphene is lightweight, we should also consider that when you stack 3
million layers of this material, it only amounts to 1 mm of thickness.
This could mean that manufacturers can place small high-capacity
batteries in devices to reduce the overall size of the device for
compactness or enhance other capabilities and overall performance.
Faster charging times: this increases the battery
endurance compared to lithium-ion batteries as the conductivity
capabilities of graphene offers little to no resistance to the flow of
electrons.
Reduced thermal output: because of its ability to
dissipate heat much more effectively, graphene can reduce the operating
temperature of smart devices. This means better performance and safety
when charging or operating the device for complex tasks or gaming.
These may be of particular interest to a company like Samsung who
have previously been affected by battery issues, particularly concerning
the overheating issues of the Note7 back in 2016. This led to Samsung
implementing an eight-point inspection process for batteries as well as
stepping up its research into battery technology, making significant
progress in recent years.
We need only look back to 2017 when Samsung revealed its researchers developed a “graphene ball†material capable of five times faster-charging speeds
than standard lithium-ion batteries. Coupled with Blass’s latest
claims, it is plausible to expect that we will see graphene batteries go
mainstream within the next couple of years.
With products likely restricted to select smartphones and smart
devices initially, we can also anticipate further developments on other
applications for graphene in the coming years. For example, Tesla are
showing interest in metal-air batteries which utilize a graphene rod as a
cathode. These types of battery can increase battery efficiency up to
five times at just one-third of the cost and because of the greater
abundance of carbon, compared to a rare metal like lithium,
manufacturers will continue to research its potential as they have been
trying to implement the use of graphene as a material in about
everything since its discovery in 2004.
So, it would suffice to say that graphene batteries are definitely
set to be a game-changer and put an end to panicked searches for a place
to charge devices or carrying around multiple charging packs to get
through a busy day.
Posted by AGORACOM
at 12:30 PM on Wednesday, August 21st, 2019
Discovery of gold enriched zone near high grade (8,973ppb) soil sample at Ashuanipi, Labrador
Defined by gold in soil and rock samples that cover an area of 450 metres by 450 metres
Results of ground VLF-Magnetic survey over the area are pending
Drill testing of zone expected in fall
VANCOUVER, British Columbia, Aug. 21, 2019 (GLOBE NEWSWIRE) —
Labrador Gold Corp. (TSX-V: LAB) (“Labrador Gold†or the “Companyâ€) is
pleased to announce that it has delineated a new gold enriched zone near
the site of a high grade soil sample at its Ashuanipi project in
western Labrador.
The initial program at Ashuanipi this year continued our systematic
approach of detailed geological mapping, rock and soil sampling and
ground magnetics/VLF-EM (very low frequency electromagnetics) to follow
up on specific areas to generate targets for drilling in the fall. In
particular, infill soil sampling allowed us to define an anomalous gold
zone near the site of a soil sample taken in 2018 that assayed 8,973ppb
gold.
The anomalous zone measures approximately 450 metres by 450 metres
and is defined by soil samples ranging from below detection up to
1,190ppb gold, in addition to the previous high-grade sample, and rock
samples from below detection up to 2,353 ppb Au (2.35g/t). The 2.35g/t
rock sample lies approximately 450m northwest of the high-grade soil
sample within a 200m by 100m gold in soil anomaly with values ranging
from 40ppb to 778ppb gold. The area was also covered by a ground
magnetic and VLF-EM (Very low frequency electromagnetic) survey, the
data from which is currently being processed.
A second area also shows potential, with rock samples grading from
below detection to 0.68g/t gold and 10 samples showing values greater
than 0.1g/t gold over an area of 200m by 120m within a larger anomalous
area of gold in soil. The gold mineralization is associated with
garnet-bearing gossanous gneiss. Further work in the area, including
detailed soil sampling and a VLF-magnetic survey will enable better
definition of the anomalous zone. Maps of the two zones can be found at www.labradorgold.com/portfolio/ashuanipi/.
“Our systematic approach to exploration of district scale anomalies
at Ashuanipi has allowed us to quickly identify favourable areas for
gold mineralization along these trends,†said Roger Moss, President and
Chief Executive Officer of Labrador Gold. “We look forward to the
results of the magnetic – VLF-EM survey that will allow us to further
refine our drill targets for the fall.â€
The 2019 exploration program at Ashuanipi is designed to follow up on
successful results of 2017 and 2018 work that outlined district scale
gold anomalies. To date the company has collected 13,184 soil samples,
752 lake sediment samples and 138 rock samples over the 896 square
kilometre property.
“Our 2019 program confirms and reinforces the thought that the large
regional (20 by 25 km) gold in lake sediment anomaly (greater than the
99th percentile) covering the Ashuanipi north claim block is real. The
anomaly, derived from GSC data (Open File 8348), is the largest and most
robust in the entire northern Quebec and Labrador,†said Shawn Ryan,
Technical Advisor to Labrador Gold. “We are the first exploration
company to give this anomaly a good look and start to explain this new
mineralized system. As we continue our systematic exploration approach
over the property, we should uncover more gold mineralization over the
15-kilometre gold in soil anomaly outlined during the 2018 exploration
program.â€
All samples were shipped to the Bureau Veritas preparation laboratory
in Timmins, Ontario, where rocks were crushed and split and a 500g sub
sample pulverized to 200 mesh. Pulps were sent to the Vancouver
laboratory for assay. 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. Soil samples are dried
and sieved to -80 mesh followed by aqua regia digestion and ICP-MS/ES
assay. 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.
About Labrador Gold:
Labrador Gold is a Canadian based mineral exploration company focused
on the acquisition and exploration of prospective gold projects in the
Americas. In 2017 Labrador Gold signed a Letter of Intent under which
the Company has the option to acquire 100% of the 896 square kilometre
(km2) Ashuanipi property in northwest Labrador and the Hopedale (458
km2) property in eastern Labrador.
The Hopedale property covers much of the Hunt River and Florence Lake
greenstone belts that stretch over 80 km. The belts are typical of
greenstone belts around the world but have been underexplored by
comparison. Initial work by Labrador Gold during 2017 show gold
anomalies in soils and lake sediments over a 3 kilometre section of the
northern portion of the Florence Lake greenstone belt in the vicinity of
the known Thurber Dog gold showing where grab samples assayed up to
7.8g/t gold. In addition, anomalous gold in soil and lake sediment
samples occur over approximately 40 kilometres along the southern
section of the greenstone belt (see news release dated January 25th 2018
for more details). Labrador Gold now controls approximately 57km strike
length of the Florence Lake Greenstone Belt.
The Ashuanipi gold project is located just 35 km from the historical
iron ore mining community of Schefferville, which is linked by rail to
the port of Sept Iles, Quebec in the south. The claim blocks cover large
lake sediment gold anomalies that, with the exception of local
prospecting, have not seen a systematic modern day exploration program.
Results of the 2017 reconnaissance exploration program following up the
lake sediment anomalies show gold anomalies in soils and lake sediments
over a 15 kilometre long by 2 to 6 kilometre wide north-south trend and
over a 14 kilometre long by 2 to 4 kilometre wide east-west trend. The
anomalies appear to be broadly associated with magnetic highs and do not
show any correlation with specific rock types on a regional scale (see
news release dated January 18th 2018). This suggests a possible
structural control on the localization of the gold anomalies. Historical
work 30 km north on the Quebec side led to gold intersections of up to
2.23 grams per tonne (g/t) Au over 19.55 metres (not true width)
(Source: IOS Services Geoscientifiques, 2012, Exploration and geological
reconnaissance work in the Goodwood River Area, Sheffor Project, Summer
Field Season 2011). Gold in both areas appears to be associated with
similar rock types.
The Company has 56,264,022 common shares issued and outstanding and trades on the TSX Venture Exchange under the symbol LAB.
Posted by AGORACOM-JC
at 11:01 AM on Tuesday, August 20th, 2019
SPONSOR: Esports Entertainment
$GMBL Esports audience is 350M, growing to 590M, Esports wagering is
projected at $23 BILLION by 2020. The company has launched VIE.gg
esports betting platform and has accelerated affiliate marketing
agreements with 190 Esports teams. Click here for more information
GMBL: OTCQB
———————–
Ford launches its own esports virtual racing teams
Ford plans to launch its own esports virtual racing teams. Under the name Fordzilla, the company will recruit top esports drivers for teams in France, Germany, Italy, Spain and the UK.
The company will also invite star players to form a European team with select members from each national team.
The Fordzilla teams will compete in games like Forza Motorsport 7, developed by Microsoft Game Studios’ Turn 10 Studios. According to Ford, millions of people play Forza games each month, and one million players choose Ford vehicles.
Ford has partnered with Microsoft Game Studios before, and a few years ago, the top prize in the first-ever Forza Racing Championship was a 2017 Ford Focus RS. We don’t know what prizes Ford will offer to its driving teams, but recruitment begins at Gamescom in Germany this week.
