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INTERVIEW: betterU Connecting Global Education with the Indian Marketplace $BTRU.us
Posted by
at 9:23 AM on Thursday, August 10th, 2017
Global Payout, Inc. and MoneyTrac Technology Enter the Multi-Billion Dollar CBD Market through their Agreement with H Smart, Inc. $MCOA.us
Posted by
at 12:29 PM on Wednesday, August 9th, 2017
- Majority owned subsidiary, MoneyTrac Technology, Inc.,has completed an agreement with H Smart Inc. a division of Marijuana Company of America
- Technology available in MTRAC’s platform, via software developed and provided by Virtu Network Solutions, will be utilized by H Smart for payment of commissions to H Smart’s affiliates
- GOHE projects that these load payments and bank account transfers will generate substantial revenue to MTRAC that will be realized this fiscal quarter
SAN DIEGO, CA–(Aug 9, 2017) – Global Payout, Inc. (OTC PINK: GOHE) (the “Company”) is pleased to announce that its majority owned subsidiary, MoneyTrac Technology, Inc. (“MTRAC”), has completed an agreement with H Smart Inc. (a division of Marijuana Company of America, “MCOA”), a developer and distributor of innovative wellness and Cannabidiol (“CBD”) products, for the use of MTRAC’s financial technology platform. The technology available in MTRAC’s platform, via software developed and provided by Virtu Network Solutions, will be utilized by H Smart for payment of commissions to H Smart’s affiliates. GOHE projects that these load payments and bank account transfers will generate substantial revenue to MTRAC that will be realized this fiscal quarter.
H Smart will provide MTRAC with a pivotal opportunity to enter into the emerging CBD market, which according to information provided by the Hemp Business Journal, is estimated to grow to a $2.1 billion market in consumer sales by 2020, representing a 700% increase from 2016. MoneyTrac COO, Vanessa Luna says, “This agreement with H Smart is another example of MoneyTrac’s ongoing commitment of identifying businesses in alternative market sectors that can benefit immensely from the financial technology solutions our platform is equipped with. We are very excited to be given the opportunity to integrate our technologies into this rapidly-growing CBD market, and look forward to becoming a valuable resource to H Smart as they work to expand their market reach within the Wellness Industry.”
Robert Hymers, CEO of H Smart says, “H Smart’s core mission is to provide educated consumers with access to the highest quality CBD technologies and products. The financial technology solutions that MoneyTrac will deliver will help create the most efficient transaction process for our affiliates who will be at the forefront of marketing our innovative wellness and CBD products to consumers.”
The Company expects for MTRAC to continue identifying and extending their technology platform to the many businesses currently operating in alternative market sectors, all while growing revenues and building value for its shareholders.
About Global Payout, Inc. (OTC PINK: GOHE)
Since the Company’s inception in 2009, Global Payout, Inc. has been a leading provider of comprehensive and customized prepaid payment solutions for domestic and international organizations distributing money worldwide. In 2014, Global introduced its first online payment platform called the Consolidated Payment Gateway (CPG), which allowed its enterprise clients to transfer money to international bank accounts, mobile accounts, and prepaid card accounts. The development of the CPG became the foundation for the introduction of its new, state of the art FINTECH payment system and “Global Reserve Platform” in 2017, for both online and mobile applications to allow account holders to maximize an expanded suite of financial services and minimize operational costs. Global will continue to offer their payment system to many vertical markets for support of foreign currency exchange and digital currency, including ongoing support of the banking industry and international governments.
About MoneyTrac Technology
MoneyTrac Technology, Inc. is a pioneer in offering a full-service solution for alternative banking and electronic financial solutions and provides all aspects of financial technology including E-Wallet and mobile apps services for businesses and companies in various “high-risk” industries. MoneyTrac’s technology platform allows for its clients to access their financial information from anywhere in the world, in addition to providing tracking and compliance to help them manage and control the flow of all revenue through their business.
About Marijuana Company of America (MCOA)
Marijuana Company of America (“MCOA”) is a publicly traded company headquartered in Southern California. MCOA will distribute marijuana and products related to marijuana as well as CBD and hemp, using a variety of marketing approaches to distribute on a global basis.
Forward-Looking Statements Disclaimer:
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. In some cases, you can identify forward-looking statements by the following words: “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “ongoing,” “plan,” “potential,” “predict,” “project,” “should,” “will,” “would,” or the negative of these terms or other comparable terminology, although not all forward-looking statements contain these words. Forward-looking statements are not a guarantee of future performance or results, and will not necessarily be accurate indications of the times at, or by, which such performance or results will be achieved. Forward-looking statements are based on information available at the time the statements are made and involve known and unknown risks, uncertainty and other factors that may cause our results, levels of activity, performance or achievements to be materially different from the information expressed or implied by the forward-looking statements in this press release. This press release should be considered in light of all filings of the Company that are contained in the Edgar Archives of the Securities and Exchange Commission at www.sec.gov Contact Information
- FOR ADDITIONAL INFORMATION:
Global Payout, Inc.
www.globalpayout.comMoneyTrac Technology, Inc.
www.moneytractechnology.comCONTACT:
Public Relations and Media Contact:
619-795-5810
American Creek Reports New Gold Zone Discovery at Treaty Creek – Intersects Stratabound Mineralization Grading 5.1 Meters of 9.57 G/T Gold $AMK.ca
Posted by
at 9:31 AM on Wednesday, August 9th, 2017
- Announced that JV partner and operator Tudor Gold Corp has discovered a new gold zone at the Treaty Creek Project
- Stratabound Mineralization Grading 5.1 Meters of 9.57 G/T Gold
- Five additional holes have been completed on this target at the Treaty Creek Property and assays are pending
CARDSTON, ALBERTA–(Aug. 9, 2017) – American Creek Resources Ltd. (TSX VENTURE:AMK) (“American Creek”) (“the Corporation”) is pleased to announce that JV partner and operator Tudor Gold Corp. (“Tudor”) has discovered a new gold zone at the Treaty Creek Project located in BC’s “Golden Triangle” immediately north of, and in the same hydrothermal system as, Seabridge Gold’s KSM project and Pretivm’s Brucejack project.
Tudor reported the following:
[The new zone was intersected in Hole HC-17-01 designed to test for northern extensions of GR2 zone mineralization as encountered in previous drilling in 2007 and 2009. Hole HC-17-01 intersected a stratabound, brecciated and silicified sulphide venting zone containing tetrahedrite, Sb-sulphosalts and pyrite located at the contact between an upper pervasively hydrothermally altered volcaniclastic unit and a footwall mudstone unit. The entire interval from 247.3 to 254.45m returned 7.15m of 6.20 g/t gold, including the venting zone – 1.05m of 4.12 g/t gold from 247.3 to 248.35m – and the vented sulphides in the immediate footwall mudstones – 5.1m of 9.57 g/t gold from 249.35m to 254.45m. True widths are uncertain at this time.
Five additional holes have been completed on this target at the Treaty Creek Property and assays are pending. Concurrently, drilling is proceeding with a second drill on the adjacent Copper Belle zone on porphyry gold and gold-copper targets. A third drill is being mobilized to the Treaty Creek Property.
Walter Storm, President and CEO of Tudor Gold commented as follows: “We are very encouraged by the results from the first hole into this target, particularly as it appears gold mineralization is extending to the north. The style of mineralization, stratabound sulphides, particularly tetraedrite, elevated gold values, hosted in mudstones, is also encouraging as it has affinities with the unique Eskay Creek mine mineralization located 12 km to the west.”]
Darren Blaney, President and CEO of American Creek stated: “This is a great start to the drill program at Treaty Creek. What is most exciting is that this newly discovered northern zone has key Eskay signatures such as stratiform mineralization, a mudstone host, and tetrahedrite. This may well be the catalyst to the Treaty Creek Project getting the market exposure and recognition it deserves. With three drills now turning on the property, we look forward to further developments as the program advances.”
Tudor’s main goals for the 2017 Treaty Creek program as outlined in their previous April 4, 2017 news release are: “Two of the primary goals of the 2017 exploration program on the Treaty Creek claims are to develop a primary resource estimate on the Copper Belle zone and to determine how much further drilling is required to develop a preliminary resource estimate on the GR2 zone.”
A summary of the Treaty Creek project can be viewed here: http://www.americancreek.com/images/pdf/Treaty_Creek_Joint_Venture_Project.pdf
The Treaty Creek Project is a joint venture between Tudor, Teuton Resources Corp., and American Creek. Tudor is the operator and holds a 60% interest with both American Creek and Teuton each holding respective 20% carried interests in the property (fully carried until a production notice is given).
About American Creek
American Creek holds a strong portfolio of gold and silver properties in British Columbia. The portfolio includes three “Golden Triangle” gold/silver properties; the Treaty Creek and Electrum joint ventures with Walter Storm/Tudor as well as the recently acquired 100% owned past producing Dunwell Mine group of properties. Other properties held throughout BC include the Gold Hill, Austruck-Bonanza, Ample Goldmax, Silver Side, Red Tusk and Glitter King.
Information relating to the Corporation is available on its website at www.americancreek.com.
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.
American Creek Resources Ltd.
Kelvin Burton
403 752-4040
[email protected]
www.americancreek.com
BULLETIN: Casinos embrace esports even as they work to understand it $GMBL.us
Posted by
at 10:44 AM on Tuesday, August 8th, 2017
- Competitive video game tournaments, known as esports, are a growing industry around the world
- fast-paced action, vivid graphics and often violent on-screen action is catnip to millennials, the audience casinos are targeting as their core slot players grow old and die
In this March 31, 2017 photo, video game players compete against one another in an esports tournament at Caesars casino in Atlantic City, N.J. Casinos are slowly embracing esports as a way to help their bottom line, but so far, the money is coming from renting hotel rooms to the young players and selling them food and drinks, not from turning them into gamblers. (AP Photo/Wayne Parry)
ATLANTIC CITY, N.J. — Casinos are slowly embracing competitive video game tournaments as a way to help their bottom lines, but the money is coming from renting hotel rooms to the young players and selling them food and drinks, not from turning them into gamblers.
Like most other ways gambling halls have tried to attract millennials and their disposable income, it hasn’t been easy. Atlantic City was first city in the nation to adopt skill-based slot machines to woo millennials but bailed on them after a few months when the response was underwhelming.
Competitive video game tournaments, known as esports, are a growing industry around the world. The fast-paced action, vivid graphics and often violent on-screen action is catnip to millennials, the audience casinos are targeting as their core slot players grow old and die.
But it’s been difficult to move them from the video console to the craps table.
“Everybody’s still trying to figure out, how do you make this appealing for the consumer and make sense for the business? How do we all profit from this?†said Kevin Ortzman, Atlantic City regional president for Caesars Entertainment, which owns three casinos in the city.
The company in March hosted an esports tournament at Caesars that drew about 900 competitors and spectators.
The bottom line result was encouraging, if not dynamite.
“We certainly experienced a spike in our hospitality offerings — the hotel, food and beverage side of things,†Ortzman said. “We didn’t see as much on the gambling side, which we weren’t terribly surprised by.â€
But he said coming up with ways to attract millennials is a necessity for the casino industry as a whole, adding that esports players could be cultivated to embrace casinos for video game competitions the way their parents and grandparents went there to play slot machines.
Gambling requires discretionary income and free time, things that people starting their careers or families may not have in abundance, said David Schwartz, director of the Center for Gaming Research at the University of Nevada-Las Vegas.
“The big question is whether people who are 40 or 20 now will begin to play casino games as they get older,†Schwartz said. “This isn’t a given.â€
Schwartz agreed the real money for casinos in esports tournaments comes from ancillary spending on food, drinks and hotel rooms.
The Caesars video tournament offered $200,000 in prize money, including a $70,000 top prize, that lured players like Jose Mavo, of Charlotte, North Carolina, who has been playing competitively for a decade and has become a casino customer as a result of being in tournaments hosted by gambling halls.
“We had a tournament in Vegas, and that was the first time I went to a casino, so ever since then, I’ve been gambling quite a bit,†he said, listing blackjack and roulette as favourites.
Alec Collins, of Piedmont, South Carolina, who goes by the competitive name Shock, is only 18, so he’s three years away from gambling legally. But it’s something he’d like to try then.
“I love Atlantic City so in a few years I would definitely come back and experience the casino a little bit,†he said.
Until then, he added, referring to the video game competition, “We’re just here to shoot our guns.â€
Wall Street sees growth potential in esports. Deloitte Global pegged the worldwide esports market last year at $500 million, up from $400 million in 2015, and estimated the industry has a global in-person or online audience of nearly 150 million people a year.
Newzoo, a company following the esports market, predicted in a report that esports will generate nearly $700 million this year, including media rights, ticket and merchandise sales, brand partnerships and game maker investments. The company projects that figure will surpass the $1.5 billion mark by 2019.
One of the biggest supporters of esports among casino owners is Seth Schorr, CEO of the Downtown Grand in Las Vegas, whose casino regularly hosts video game tournaments that, he said, “make a little bit of money.†But Schorr said the tournaments offer other revenue opportunities, including suites for groups and meal packages.
“Is it the silver bullet? Of course not,†he said. “Is it one tactic in an overall strategy? Of course it is.â€
BULLETIN: Gold Prices Score a Lift as Dollar Softens $AMK.ca $EXS.ca $MQR.ca $OPW.ca $GGX.ca $GR.ca
Posted by
at 10:19 AM on Tuesday, August 8th, 2017
- Gold futures rose on Tuesday as the U.S. dollar retreated, giving dollar-pegged commodities a modest lift in early trade.
- December gold GCZ7, +0.28%  was $5.80, or 0.5%, higher at $1,270.50 an ounce, with the contract looking at back-to-back gains after Monday’s tepid rise.
The ICE U.S. Dollar Index DXY, -0.12% a gauge of the buck against a half-dozen currency rivals, was down 0.1%. Although the dollar has climbed 0.5% so far this month, the currency gauge is down 2.8% over the past 30 days, underscoring the greenback’s recent downtrend amid doubts about the pace of economic growth in the U.S., including signs of weaker-than-hoped-for inflation. The uncertain economic picture leaves financial markets wondering if the Federal Reserve will raise interest rates again this year.
A softening dollar can make assets linked to the currency more attractive to buyers using weaker currencies.
Meanwhile, September silver SIU7, +0.79% added 12 cents, or 0.8%, at $16.38, putting the white metal in position to end a four-session slide.
Tuesday’s rise for metals also comes amid heightened geopolitical risk, headlined by rising tensions between the U.S. and North Korea and its nuclear aspirations.
“Gold needs to break and trade over $1273.30 [an ounce] for the rest of the day to zoom,†said Chintan Karnani, chief market analyst at Insignia Consultants, based in New Delhi.
“Political news from [the U.S.] will be the key market mover today. The fact that U.S. dollar has not zoomed after the release of Friday’s July nonfarm payrolls can result in more losses for the greenback in the short term,†Karnani said.
The Labor Department on Friday showed that the U.S. added a better-than-expected 209,000 in July, pushing the unemployment rate to a 16-year low at 4.3%, but wage data remained tepid.
Mark O’Byrne, research director at GoldCore Ltd., said Friday’s selling in gold after the jobs report may have been overdone and said recent moves for the metal reflects that view. It’s also reflective of an uptick in concerns about meaningfully adding to assets perceived as risky with concerns persisting over drama in President Donald Trump’s White House and worries about a potential hike to the U.S. debt ceiling to avoid a government shutdown.
“I think there’s a little bit of risk aversion in the market,†O’Byrne said.
The Goldcore analyst said he’s optimistic on gold’s price for those reasons but recognizes that it could easily swing lower on sentiment that favors risk assets like stocks, with the Dow Jones Industrial Average DJIA, -0.14% and the S&P 500 index SPX, -0.16% both hitting all-time highs on Monday.
Tuesday’s modest gains in metals also comes as China trade data showed July exports and imports grew at a slower pace than they had recently, which should be a headwind for commodities prices.
Lackluster data have pressured shares of European miners, including iron-ore producers BHP Billiton PLC BLT, -1.29% BHP, -1.41% BHP, -0.23% Â and Rio Tinto PLC RIO, -1.66% RIO, -1.25% RIO, -0.45% Anglo American PLC AAL, -0.50% lost 0.5%, while copper miner Antofagasta PLC ANTO, -0.52% moved down 1.2%.
In exchange-traded funds, the SPDR Gold Shares GLD, +0.45% rose 0.5% premarket, mining-company focused VanEck Vectors Gold Miners ETF GDX, +0.86% advanced 0.9%, while silver-oriented iShares Silver SLV, +1.17% gained 0.9%.
Source: http://www.marketwatch.com/story/gold-prices-score-a-lift-as-dollar-softens-2017-08-08
AGORACOM Welcomes Sheldon Inwentash’s ThreeD Capital $IDK.ca
Posted by
at 5:30 PM on Tuesday, August 1st, 2017
“The Dot Com Crash Was The Catharsis That Forced The Entire Tech Ecosystem To Forget Fast Money And Focus On Building Disruptive Companies….Â
The Canadian Small Cap Ecosystem Just Completed Its’ Catharsis â€
                   Sheldon Inwentash, CEO   ThreeD Capital
WHO IS SHELDON IWENTASH?
 Proven Track Record
Creating a Dominant Merchant Bank In Canada
 Extending Beyond Resouces Into Disruptive Technologies
 
 A Formidable Network To Create Formidable Returns
 
 Why Merchant Banking?
 Interested In ThreeD Capital? Check Out Their Group of Companies
FEATURE: Portions of Grizzly’s $GZD.ca Greenwood Project Being Explored by Kinross
Posted by
at 9:51 AM on Tuesday, August 1st, 2017
- More than 9 million oz Au produced or as resources in a radius of less than 70KM to Greenwood project
- Portions of Grizzly’s Greenwood Project being explored by Kinross through option agreement
Planned 2017 Work Program Highlights:
- 1,250 metres diamond drilling at Mt Attwood-Overlander and Midway areas
- Generative work of mapping and sampling of high priority targets
- Planned expenditure totals US $352,000
Greenwood Gold DistrictÂ
Portions of Grizzly’s Greenwood Project being explored by Kinross is 100% owned by Grizzly Discoveries Inc. and includes 131 claims that form a contiguous package totaling approximately 27,346 hectares, representing approximately one third of Grizzly’s land holdings at Greenwood.
GGX Gold Launches Phase Two Drilling Program $GGX.ca
Posted by
at 9:45 AM on Tuesday, August 1st, 2017
- Completion of the first phase of drilling and the beginning of phase two drilling on the Gold Drop Property near Greenwood, BC
- Targeting the C.O.D. Vein, a Dentonia/Jewel style gold and silver bearing quartz vein in the Gold Drop Southwest zone
The Gold Drop Property Greenwood BC
VANCOUVER, BC / August 1, 2017 / GGX Gold Corp. (TSXV: GGX) (the “Company” or “GGX”) GGX Gold is pleased to announce the completion of the first phase of drilling and the beginning of phase two drilling on the Gold Drop Property near Greenwood, BC. The drill program is targeting the C.O.D. Vein, a Dentonia/Jewel style gold and silver bearing quartz vein in the Gold Drop Southwest zone.
To view an image of the Gold drop zone, please click on the following link:
https://www.accesswire.com/uploads/18039_ggximage1.jpg
The first phase of diamond drilling consisted of 15 drill holes totaling 2500 feet (762 meters). The drilling commenced south of the C.O.D. mine shaft and progressed systematically to the north. The first phase of drilling was to confirm mineralization in the first section of the exposed vein under the series of channel samples that were completed and announced on July 19, 2017. As well the company wanted to determine depth and the dip of the vein exposed at surface. Drilling to date has confirmed the vein to a vertical depth of 120 feet (36.6 meters), being open at depth. The first phase of drilling also intersected additional unexpected veining of which additional drilling is required to delineate. Of note, drill hole COD17-14 (which was drilled at 75° dip perpendicular to the surface vein) intersected a 55 foot (16.8 meters) core length interval of intensely mineralized quartz vein(s). Pyrite, chalcopyrite, possible telluride and visible gold have been observed in the COD17-14 drill core.
To see am image of core length, please click on the following link:
https://www.accesswire.com/uploads/18039_ggximage2.jpg
Drill core is being geologically logged and sampled at the Greenwood facility. Core samples are being delivered to the ALS Minerals laboratory in Vancouver to be analyzed for gold by screen metallic fire assay and for 48 other elements by Four Acid and ICP-MS. Quality control (QC) samples are inserted at regular intervals.
To view an image of cores being logged, please click on the following link:
https://www.accesswire.com/uploads/18039_ggximage3.jpg
Upon a review of the first 15 drill holes which had encouraging visual results from down hole intercepts, combined with the positive results received from the second batch of channel samples announced July 26, 2017, management has initiated a second phase drill program.
To view an image of a core sample, please click on the following link:
https://www.accesswire.com/uploads/18039_ggximage4.jpg
The second phase of diamond drilling will consist of up to 30 drill holes continuing to test the northern extension of the C.O.D. vein.
Earlier this year The Company exposed 160 meters of the C.O.D Vein by means of excavator trenching. The vein is still open in both directions. The vein has been channel sampled at 1.5-meter intervals across an average sample width of one meter. To date analytical results for 68 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).
The Company also announces it has granted 800,000 options at an exercise price of $0.20. The options are exercisable for five years and will be canceled 30 days after cessation of acting as director, officer, employee or consultant of the Company.
To view a map of the region, please click on the following link:
https://www.accesswire.com/uploads/18039_ggximage5.png
David Martin, P.Geo., a Qualified Person as defined by NI 43-101, is responsible for the technical information contained in this News Release.
On Behalf of the Board of Directors,
Barry Brown, Director
604-488-3900
Investor Relations:
Mr. Jack Singh: 604-720-6598 E-mail: [email protected]
“We don’t have to do this, we get to do this “
The Crew
Forward Looking Information
This news release includes certain statements that constitute “forward-looking information” within the meaning of applicable securities law, including without limitation, the Company’s information and statements regarding or inferring the future business, operations, financial performance, prospects, and other plans, intentions, expectations, estimates, and beliefs of the Company. Such statements include statements regarding the completion of the proposed transactions. Forward-looking statements address future events and conditions and are necessarily based upon a number of estimates and assumptions. These statements relate to analyses and other information that are based on forecasts of future results, estimates of amounts not yet determinable and assumptions of management. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as “expects” or “does not expect”, “is expected”, “anticipates” or “does not anticipate”, “plans”, “estimates” or “intends”, or stating that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved), and variations of such words, and similar expressions are not statements of historical fact and may be forward-looking statements. Forward-looking statement are necessarily based upon several factors that, if untrue, could cause the actual results, performances or achievements of the Company to be materially different from future results, performances or achievements express or implied by such statements. Such statements and information are based on numerous assumptions regarding present and future business strategies and the environment in which the Company will operate in the future, including the price of gold and other metals, anticipated costs and the ability to achieve goals, and the Company will be able to obtain required licenses and permits. While such estimates and assumptions are considered reasonable by the management of the Company, they are inherently subject to significant business, economic, competitive and regulatory uncertainties and risks including that resource exploration and development is a speculative business; that environmental laws and regulations may become more onerous; that the Company may not be able to raise additional funds when necessary; fluctuating prices of metals; the possibility that future exploration, development or mining results will not be consistent with the Company’s expectations; operating hazards and risks; and competition. There can be no assurance that economic resources will be discovered or developed at the Gold Drop Property. Accordingly, actual results may differ materially from those currently anticipated in such statements. Factors that could cause actual results to differ materially from those in forward looking statements include continued availability of capital and financing and general economic, market or business conditions, the loss of key directors, employees, advisors or consultants, equipment failures, litigation, competition, fees charged by service providers and failure of counterparties to perform their contractual obligations. Investors are cautioned that forward-looking statements are not guarantees of future performance or events and, accordingly are cautioned not to put undue reliance on forward-looking statements due to the inherent uncertainty of such statements. The forward-looking statements included in this news release are made as of the date hereof and the Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable securities legislation.
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.
VIDEO: betterU Addresses Over 8000 Educators in Australia $BTRU.ca
Posted by
at 10:10 AM on Monday, July 31st, 2017
FEATURE: Explor Resources (EXS: TSX-V) 609K oz Indicated / 470K oz Inferred Gold $EXS.ca
Posted by
at 11:37 AM on Thursday, July 27th, 2017
Why Explor Resources?
- Flagship Property Offers The Following:
- NI 43-101 Resource – 609,000 oz Indicated / 470,000 Inferred
- Property Is 13 KM From Downtown Timmins
- 2nd Project 43-101 Open Pit Resource
- 1.4 MILLION T Indicated @ 1.38% Copper
- 2.09 MILLION T Inferred @ 1.26% Copper
ONTARIO AND NEW BRUNSWICK PROPERTIES CURRENTLY UNDER EXPLORATION
Timmins Porcupine West (TPW) (4300 ha)
- NI 43-101 Resource: 609,000 oz Indicated
470,000 oz Inferred Gold
- 13 km from downtown Timmins
- Property is 2.5 km, NE of LSG West Timmins Mine
- Model: Hollinger McIntyre Gold System: 30,000,000 oz. Au
- Discovery Hole 10-30 : 9.22g/tonne over 11.0 meters
- Optioned to Teck Resources
- Teck to spend $12,000,000 to earn 70% interest
Chester Copper & VMS Project (3500ha)
- Recent intersection of 2.187% Copper Over 9.66 Meters
- Mineral Target: Cu, Pb, Zn, Ag, & Au
- 70 km SW of Bathurst NB
- Structural Model Complete
- 300 m wide x 2000m long mineralized Corridor identified
- Ramp to ore zone (480 meter long (3m x 4m)
- Optioned to Brunswick Resources (BRU)
- Brunswick to spend $500,000 over 3 years
- Explore to receive $40,000 and 5,000,000 shares of BRU
- Open pit resource – NI 43-101 Resource: 1,400,000 Indicated t @ 1.38% Cu
2,089,000 Inferred t @ 1.26 % Cu - Recently completed diamond drill Holes for a total of 2,027 meters
Kidd Creek Project (2466 ha)
- Mineral Target: Cu-Zn Ore
- Located 1.0 km west of Kidd Creek Mine
- Kidd Mine yielded 130M tonnes of Cu-Zn Ore since 1960
- Numerous Geophysical max/min and IP Targets
- So encouraged by the initial results of the 3000 meter program, decided to more than double the diamond drilling program planned to 7275.7 meters
QUEBEC PROPERTIES CURRENTLY UNDER EXPLORATION
East Bay (3203 ha):
- Mineral Target: Gold
- Lies on Porcupine Destor Fault Zone, on strike with Beattie & Donchester mine
- Historical channel samples by Lacana Mining in 1982 including: 0.81 oz/ton over 5ft; 0.16 oz/ton over 6 ft; 0.10 oz/ton over 10 ft
- Wrap around Clifton Star
Nelligan (1198 ha):
- Mineral Target: Nickel
- Located in Val d’Or mining district of Quebec
- Historical grab samples of 10% Ni and 0.6% Cu obtained by INCO
- Discovered anomalous Nickel, Copper Zones
Launay (2250 ha):
- Mineral Target: Nickel
- Mineralized zones contained in mafic volcanic rocks
- Contiguous to Royal Nickel’s Dumont property (NW end)
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