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Great Atlantic Rock Samples Return up to 5.8 oz. / ton Gold Golden Promise Property in Central Newfoundland

Posted by AGORACOM at 10:58 AM on Monday, August 28th, 2017

Image result for Great Atlantic GR

  • Six gold bearing quartz vein zones are located in the central region, “The JaclynZone”
  • Sampling program confirmed gold mineralization outcrop in four quartz vein “Outcrops”
  • Samples from three different areas exceeded 1 oz. / ton gold

VANCOUVER, BC / August 28, 2017 / GREAT ATLANTIC RESOURCES CORP. (TSXV.GR) (the “Company” or “Great Atlantic”) is pleased to announce it has received gold analytical results for rock samples collected during May and June at its Golden Promise Gold Property in central Newfoundland. Rock samples were collected in multiple areas within the property, being the initial work in a budgeted 2017 exploration program on the property. The rock sampling program confirmed gold mineralization in quartz vein boulders or outcrop in four areas. Four quartz vein samples from three different areas exceeded 1 oz. / ton gold (34.2857 grams / tonne or g/t Au), including a boulder sample returning a high value of 200 g/t Au (5.8 oz. / ton Au). Trenching has since been completed in one of these areas referred to as the Jaclyn North Zone with analyses pending for rock samples. The Golden Promise Gold Property has been expanded to the current approximate 16,500 hectares.

 

To view a map of the mining area, please click on the following link:

https://www.accesswire.com/uploads/82817_greatatlimage1.png

The Golden Promise Property hosts multiple gold-bearing quartz veins and gold-bearing float boulders. The majority of historic work is reported at the Jaclyn Main Zone in the northern region of the property. A National Instrument (NI) 43-101 compliant inferred resource of 921,000 tonnes at an average grade of 3.02 g/t Au (89,500 ounces contained gold) was reported in 2008 for the Jaclyn Main Zone. Gold recovery from a 2,241 tonne bulk sample collected in 2010 at the Jaclyn Main Zone was reported to average 4.47 g/t Au. The average tails grade for the sample was reported to be 1.12 g/t Au. A “back-calculated head grade of 5.59 g/t Au” was reported for the bulk sample. The Jaclyn Main Zone has been reportedly traced for a strike length of approximately 800 meters (northeast to east striking) through trenching and diamond drilling to approximately 420 meters vertical depth.

 

To veiw a Statlite map of the mining area, please click on the following link:

https://www.accesswire.com/uploads/82817_greatatlimage2.png

The May – June rock sampling program was focused in the central to northern regions of the property and included samples at the Jaclyn North Zone, Jaclyn West (Christopher) Zone, Shawn’s Shot vein and Branden float occurrence. The samples were submitted to ALS Minerals for gold and multi-element analysis. The most significant analytical results are listed in Table 1 (gold values are Screen Metallic Fire Assay gold analyses (total combined analyses of screen undersize and screen oversize fractions)).

 

Sample No.

Au (grams/tonne)

Au (oz./ton)

Float Boulder / Outcrop

Grab / Chip

Zone
GP-R-17-30

200

5.833

Quartz Vein Float

Grab

 Branden Float Occurrence
GP-R-17-33

57.2

1.668

Quartz Vein Float

Grab

 Branden Float Occurrence
GP-R-17-200

0.54

0.016

Quartz Vein Outcrop

Grab

 Jaclyn West (Christopher)
GP-R-17-203

48.2

1.406

Quartz Vein Outcrop

Chip (0.32m)

 Shawn’s Shot
GP-R-17-206

6.11

0.178

Quartz Vein Float

Grab

 Jaclyn North
GP-R-17-207

1.63

0.048

Quartz Vein Float

Grab

 Jaclyn North
GP-R-17-208

70.9

2.068

Quartz Vein Float

Grab

 Jaclyn North

Table 1: May – June Golden Promise Rock Samples (grams / tonne Au /34.2857 = oz. / ton Au)

 

Samples GP-R-17-30 and GP-R-17-33 are 1.38 kilogram and 0.88 kilogram grab samples collected from two angular quartz vein boulders at the Branden float occurrence, located in the northeast region of the property, approximately 8.5 kilometers northeast of the Jaclyn Main Zone. Visible gold was identified in both boulders. Reported historic boulder sample assays for this area include 62.6, 72.1 and 80.0 g/t Au.

 

To view an image of Sample GP-R-17-30, please click on the following link:

https://www.accesswire.com/uploads/82817_greatatlimage3.jpg

A portion of sample GP-R-17-30 with visible gold (sample returned 200 g/t Au or 5.8 oz./ ton Au).

 

Samples GP-R-206, 207 and 208 are 1.51, 1.50 and 1.36 kilogram grab samples of quartz vein boulders in the Jaclyn North Zone, located in the northern region of the property. The Jaclyn North Zone is reported approximately 250 meters north of the Jaclyn Main Zone. The three samples were collected east of historic drill holes at this zone. These samples are also in the vicinity of recently completed trenches.

 

To view an image of sample GP-R-17-208, please click on the following link:

https://www.accesswire.com/uploads/82817_greatatlimage4.jpg

A portion of sample GP-R-17-208 (sample returned 70.9 g/t Au or 2.0 oz./ton Au)

The northeast striking Jaclyn North Zone has been reportedly traced for approximately 450 meters and locally to a vertical depth of 175 meters (13 diamond drill holes). The zone is reported to contain 3 quartz veined sub-zones. Reported historic drill hole intersections include:

 

  • GP03-32: 12.13 g/t Au / 0.35m & 12.30 g/t Au / 0.30m
  • GP07-76 (Upper Sub-zone): 11.28 g/t Au / 0.30m
  • GP06-51 (Middle Sub-zone): 5.24 g/t Au / 1.70
  • GP06-47 (Lower Sub-zone): 15.23 g/t Au / 0.30m

 

Sample GP-R-17-203 is a 0.94 kilogram, 0.32 metre chip sample across the Shawn’s Shot quartz vein. The Shawn’s Shot vein is reported in the central region of the property, approximately 7.5 km southwest of the Jaclyn Main Zone. This quartz vein is reported to be 0.35 metres wide, striking slightly southeast in an outcrop along a river. Historic grab samples of this vein were reported to return up to 100.5 g/t Au.

 

Sample GP-R-17-200 is a 1.30 kilogram outcrop grab sample from the Jaclyn West (Christopher) Zone in the northern region of the property. This sample was collected from a historic trench. The Jaclyn West Zone is reported approximately 450 meters southwest of the Jaclyn Main Zone. It is reported to have a known strike length of 35 meters and 2 metre composite vein width. A historic grab sample of a vein sub crop was reported to return 3.8 g/t Au.

 

To view an image of a sample site, please click on the following link:

https://www.accesswire.com/uploads/82817_greatatlimage5.jpg

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GGX Gold First Batch of Drilling Results Vein Intersects 24G/t Gold and 192 G/t Silver

Posted by AGORACOM at 10:43 AM on Monday, August 28th, 2017

 

  • COD Vein Intersects 24G/t Gold and 192 G/t Silver
  • COD vein has 160 meters of Strike to date
  • Drilling has confirmed the vein to a vertical depth of 120 feet, open at depth.

 

Vancouver, British Columbia – GGX Gold Corp. (TSXV: GGX), (OTC Pinks: GGXXF), (the “Company” or “GGX”) is pleased to announce the first batch of analytical results from the Phase I diamond drilling program at the Company’s  Gold Drop Project near Greewood, BC.  The Company is currently exploring and defining the COD Vein, a Dentonia/Jewel style quartz vein, in the Gold Drop Southwest zone. Trenching during 2017 has exposed the northeast – southwest striking COD vein for over 160m strike length. To date analytical results for 68 trench channel samples have been received, with samples returning anomalous to high grade values for gold, up to 43.2 g/t Gold and 224 g/t Silver (News release of July 26, 2017).

 

 

 

 

To view the graphic in its original size, please click here

 

 

 

The Phase I drilling program aimed to delineate the COD vein in the Gold Drop Southwest zone from 5 pad locations along the North-south trench.  The drilling tested the vein along 80 meters of strike length. The drilling commenced south of the C.O.D. mine shaft and progressed systematically to the north.  The Phase I drilling totaled 15 holes (691 meters). The objective of the drilling was to determine depth and the dip of the vein exposed at surface and confirm gold and silver mineralization below the channel samples. Drilling to date has confirmed the vein to a vertical depth of 120 feet (36.6 meters), being open at depth.

 

 

 

 

To view the graphic in its original size, please click here

 

 

 

Drill core is being geologically logged and sampled at the Greenwood facility. The core samples are sawn in half and stored in a secure location. Core samples are being delivered to the ALS Minerals laboratory in Vancouver to be analyzed for gold by Fire Assay – AA and for 33 other elements by Four Acid and ICP-AES. Quality control (QC) samples are inserted at regular intervals.

 

 

 

 

To view the graphic in its original size, please click here

 

 

 

The analytical results listed below are from the first nine drill holes in the C.O.D area. Since true widths cannot be accurately determined from the information available the core lengths (meters) are reported. The gold and silver grade is reported in grams per ton. The intervals below are from the vein and mineralization envelope intervals.  Other low grade mineralization intervals are found in the host rock.

 

 

 

HOLE ID From To Core interval Length Au gpt Ag gpt
COD17-2 8.96 9.36 0.4 1.86 11
COD17-2 11.5 12.14 0.64 5.08 40.4
COD17-3 15.93 16.15 0.22 8.76 68.9
COD17-3 16.15 16.63 0.48 24.1 192
COD17-4 10.54 11.82 1.28 1.64 11.4
COD17-4 11.82 12.97 1.15 0.75 5.5
COD17-4 22.53 23.19 0.66 3.22 31.2
COD17-4 25.04 25.48 0.44 3.16 33.7
COD17-5 27.37 29.26 1.89 4.11 53
COD17-7 5.55 6.05 0.5 0.82 5.1
COD17-7 6.05 6.57 0.52 1.21 9.6
COD17-8 11.67 12.37 0.7 1.69 14.8
COD17-9 14.5 15.23 0.73 7.37 55
COD17-9 15.98 16.33 0.35 14.85 164
COD17-9 16.33 16.96 0.63 0.26 3.1

 

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$AAO.ca Augusta Announces Results for the Second Quarter and Provides Corporate Update

Posted by AGORACOM at 10:21 AM on Monday, August 28th, 2017

Toronto, Ontario–(August 28, 2017) – Augusta Industries Inc. (TSXV: AAO) (the “Corporation”) is pleased to announce that it has released its financial results for the six months ending June 30, 2017.

For the three months ending June 30, 2017, the Corporation had revenues of $697,000, a decrease of $110,000 or 14% as compared to the three months ending June 30, 2016. Gross margins for the three months ending June 30, 2017 was 35% ( $244,000 ) compared to 29% ( $231,000 ) for the three months ending June 30, 2016 due to the change in mix between Macron and FOX-TEK sales during the period.

Total loss from operations for the three months ending June 30, 2017 was $28,000 or a net loss of $0.00 per share compared to a loss of $32,000 or $0.001 per share for the three months ending June 30, 2016. The Corporation was more or less able to maintain its operating expenses in the three months ending June 30, 2017 at $272,000 compared to $263,000 for the same period in 2016. Stock based compensation during the three months ending June 30, 2017 was $63,000 while there were no such expenses during the three months ending June 30, 2016.

Marcon group sales in the three months ending June 30, 2017 was $596 compared to $701 in the three months ending June 30, 2016 – a decrease of $105,000. The sales in FOX-TEK for the three months ending June 30, 2017 were $101,000 compared to $106,000 sales for the three months ending June 30, 2016.

Although the Corporation incurred a loss during the three months ending June 30, 2017, the Corporation expects to build on the contracts signed in 2017 by FOX-TEK and the Pipeline of orders in the Marcon group to reduce the operational losses over the second half of the year.

Consolidated Financial Highlights

June 30, 2017
In $‘000s		 December 31, 2016
In $‘000s
Current Assets 846 1,126
Non-Current Assets 37 42
Total Assets 883 1,168
Current Liabilities 833 1,000
Long term debt 21 31
Total Liabilities 854 1,031
Total Shareholders’ Equity 29 37

 

Three months ended June 30, Six months ended June 30,
  2017
in $’000s		 2016 in
$’000s		 2017
in $’000s		 2016
in $’000s
Sales 697 807 1,576 1,818
Cost of sales (453) (576) (1,132) (1,126)
Gross profit 244 231 444 692
Expenses
Research and development (35) (38) (72) (74)
Selling (11) (12) (18) (19)
General and administrative (226) (213) (459) (448)
Total expenses (272) (263) (549) (541)
(Loss) income before the undernoted (28) (32) (105) 151
Finance costs (4) (4) (7) (8)
Stock based compensation (63) – (164) –
Foreign exchange gain 11 – 11 12
Net (loss) income for the period before tax (84) (36) (265) 155
Income tax expense – – – (6)
Net (loss) income for the period after tax (84) (36) (265) 149

 

The financial statements, notes to the financial statements and Management’s Discussion and Analysis for the six months ending June 30, 2017 are available on SEDAR at www.sedar.com.

Corporate Update

FOX-TEK Canada Inc.

The Corporation continues to work closely with its existing clients to ensure their needs are met in order to strengthen and preserve the relationship between the Corporation and its clients while continuing to develop new relationships with new clients. The Corporation’s Vice President of Operations will be visiting various Indian oil and gas companies, both private and state owned, early in the 3rd Quarter of 2017 to explore a number of promising opportunities.

The Corporation has been working to fulfill its engineering and field services obligations in order to meet the requirements of the contract announced on July 10, 2017 with one of the Corporation’s largest and long standing clients in North America.

The Corporation continues to work with The Trans Africa Pipeline project (“T.A.P.”) to provide non-intrusive sensing equipment which will verify the integrity of the pipeline composite at key locations. In addition to the non-intrusive sensing equipment, FOX-TEK will provide optical based sensing technology which would allow T.A.P. to monitor the right of way zones from possible third-party intrusions.

The Corporation’s registration is underway with Petrobras supplier of corrosion detection monitoring systems, optical strain/pressure/temperature sensors & leak detection technology. The Corporation is working closely with FIBOS to explore opportunities to deploy advanced high precision optical strain acquisition systems.

The list below does not include bids to third parties that fall under confidentiality agreements.

a)                 Leak detection system package to a number of our clients in North America.

b)                 Singed an NDA with a Government body to evaluate and explore Confidential information relating to pipeline leak detection technology in order take the next step towards formalizing a collaborative working relationship.

c)                 Corrosion monitoring systems package to one of our largest long standing clients in North America. Survey of the locations is underway as part of the contractors signed and announced July 10 2017. A package will be assembled for new EFM Systems Quotation early in the 3rd Quarter 2017.

d)                 Corrosion monitoring systems package for the East West Pipeline Project JPS1-1 in Saudi Arabia.

e)                 Corrosion monitoring systems package for a UAE firm working on a Dubai Petroleum project.

f)                  A package for a non-intrusive pressure monitoring systems for a tank farm in the Unites States.

g)                 A package for a non-intrusive pressure monitoring systems for the Power Generation Industry

h)                 A technical and commercial bid for the Yibal Kuff Project (YKP) in Oman.


Marcon International

Marcon International has built an impressive pipeline of quotes in the 1st half of 2017. It is witnessing increased bidding activity in both the 1st and 2nd Quarters of 2017. Majority of the larger bids and quotes for Marcon International are time consuming both in preparation of the bidding process and with the client and the end users. Marcon has successfully signed numerous deals year to date and will continue to do so and update the public thru periodic press releases.

About the Corporation:

Through its wholly owned subsidiaries, Marcon International Inc. (“Marcon”) and FOX-TEK, the Corporation provides a variety of services and products to a number of clients.

Marcon is an industrial supply contractor servicing the energy sector and a number of US Government entities. Marcon’s principal business is the sale and distribution of industrial parts and equipment (Electrical, mechanical and Instrumentation.) In addition to departments and agencies of the U.S. Government, Marcon’s major clients include Sabic Services, BNGC, BAPETCO, Qatar Petroleum, QGas & Qatar Petrochemical.

FOX-TEK develops non-intrusive asset health monitoring sensor systems for the oil and gas market to help operators track the thinning of pipelines and refinery vessels due to corrosion/erosion, strain due to bending/buckling and process pressure and temperature. The Corporation’s FT fiber optic sensor and corrosion monitoring systems allow cost-effective, 24/7 remote monitoring capabilities to improve scheduled maintenance operations, avoid unnecessary shutdowns, and prevent accidents and leaks.

Corporation contact:

Allen Lone, President, CEO, Augusta Industries Inc.
Tel: (905) 275 -8111 Ext 226 email: [email protected]

The TSX Venture Exchange has in no way passed upon the merits of the proposed transaction and as neither approved nor disapproved the contents of this press release.

This press release contains forward-looking statements based on assumptions, uncertainties and management‘s best estimates of future events. Actual results may differ materially from those currently anticipated. Investors are cautioned that such forward-looking statements involve risks and uncertainties. Important factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements are detailed from time to time in the Corporation‘s periodic reports filed with the Ontario Securities Commission and other regulatory authorities. The Corporation has no intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

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Are you an investor in Bonterra Resources $BTR.ca? Check Out Opawica $OPW.ca

Posted by AGORACOM-JC at 10:19 AM on Monday, August 28th, 2017

Opw

BAZOOKA EAST GOLD PROPERTY ‐ QUEBEC

Click on image for larger view

WHY OPAWICA?

  • 7km’s of gold vault strike between 3 gold producers
  • In one of the largest gold producing regions in Canada
  • Adjoining to Ridgemont, Granada and Kinross Gold Producing Mines in Rouyn-Noranda Quebec
  • Bazooka properties cover 7 kilometres of the prolific CLLB
  • Cadilac-lardner lake fault system has produced Over 200M oz of GOLD

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Interested in Raytheon Company $RTN ? Check out PyroGenesis $PYR.ca

Posted by AGORACOM-JC at 9:56 AM on Monday, August 28th, 2017

PYR: TSX-V

WHY PYROGENESIS?

  • 2016 Revenues of $5.2M
  • Increased Gross margins to 41.6% (2015: 27.1%)
  • Traditional lines of business are poised to contribute significantly to bottom line
  • Established backlog of signed contracts, majority of which are expected to be completed in 2017   
  • Clients include: U.S Air Force, U.S NAVY, Canada Natural Resources

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Invested in Cannagrow $CGRW.ca ? Check out Tetra Bio-Pharma $TBP.ca

Posted by AGORACOM-JC at 9:46 AM on Monday, August 28th, 2017

Tbp large new

Tetra Bio-Pharma Reports Approval by Health Canada of its Phase I Trial of PPP001 (dried Cannabis)

WHY TETRA BIO-PHARMA?

  • Only pharmaceutical company to have clinical studies for smoked marijuana;
  • Company is financially sound, with enough cash to pay for the $1.2 million Phase III clinical trials of PPP001.
  • Preparations for the Phase III trial of PPP001 are to start in Q4 2017 with approximately 600 subjects;
  • Focused on expanding commercialization partnerships internationally for product pipeline – Interest has been shown from the USA, Germany, Ireland, Brazil and Mexico;
  • Initial demand forecasted in New Brunswick for PPP001 using the ACMPR license is more than expected
  • Putting in place the necessary manufacturing capabilities to address this increasing demand and to ensure the highest standards of quality control.

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Invested in Cartier Resources $ECR.ca? Check out Monarques Gold $MQR.ca #Gold #Mining

Posted by AGORACOM-JC at 3:21 PM on Friday, August 25th, 2017

Monarquesgold hub large

Why Monarques Gold?

  • Flagship Croinor Gold Mine Has Great Potential To Become A Producer
  • Company Is Well Financed, Including $9 Million In Credits From Quebec Government
  • 23.20 G/T AU Over 0.4 M and 15.85 G/T AU Over 1 M
  • Hole CR-17-532 intersected 6.96 g/t Au over 15 metres (Read Release)
  • Including 17.1 g/t Au over 5.9 metres
  • Recently acquired 750 ton-per-day Beacon mill
  • Major Shareholders include: Rob McEwen and Nemaska Lithium

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Invested in Take Two Interactive $TTWO? Check out Esports Entertainment Group $GMBL #Esports #Egambling #Egaming #gamescom2017

Posted by AGORACOM-JC at 9:18 AM on Friday, August 25th, 2017

Esports large

GMBL:OTC

Online Wagering Platform for the Future of Competitive Gaming

Why Esports Entertainment Group?

“There is no other way to say it … Esports Entertainment Group represents one of the best potential mega winners I’ve seen in years.” George Tsiolis, AGORACOM Founder

“The Business of eSports Is Set To Explode…. Billions of dollars will soon be wagered on eSports competitions. Brands, consultants and investors are always looking for the next great opportunity and eSports appears to be an able applicant for the role.” Forbes Magazine

Things You Need To Know:

1.  Financing closed
2.  Will be the safest and most secure online esports gambling site due to being fully licensed and regulated by the SEC

VIDEO: Esports Investing AGORACOM at League of Legends Finals

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Grizzly $GZD.ca – 9M Oz of Gold Produced or As Resources Nearby #Gold #Kinross

Posted by AGORACOM-JC at 5:48 PM on Thursday, August 24th, 2017

Gzdnew

WHY GRIZZLY DISCOVERIES?

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$MCOA recently announced $5 Million fixed funding commitment, Find out more #MMJ #Hemp #Marijuana

Posted by AGORACOM-JC at 3:15 PM on Thursday, August 24th, 2017

15233_mcoa

MCOA: OTC

RECENT EVENTS

  • Announced $5 Million Fixed Funding Commitment READ MORE
  • Company Announces the Filing of Form 10 Registration Statement with SEC READ MORE
  • Launch of New Website READ MORE
  • Company Invests in Global Payout’s MoneyTrac READ MORE
  • Announced Formation of Strategic Advisory Board READ MORE
  • Finalized Joint Venture Agreement With Bougainville Ventures in Washington State READ MORE 
  • Completed PCOAB Audit READ MORE

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