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AIM Exploration Inc. Provides Winter 2016 Corporate Update $AEXE.us

Posted by AGORACOM-JC at 8:37 AM on Tuesday, November 29th, 2016

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Mining Operations Logistics and Commencement for 2017

  • Originally formed with the objective to develop a Feldspar mine in the Philippines and source other valuable mining properties worldwide
  • In mid-2014, AIM acquired what is considered a rich anthracite coal mining concessions in Peru
  • Developed a very strong relationship with an Indian firm (Prina Energy) to market the coal and is now in the final stages of setting up a joint venture operation headquartered in Dubai UAE DMCC
  • Anticipated that commencing January 2017 all the operations will be underway and shipping of coal is anticipated for March 2017

HENDERSON, NV / November 29, 2016 / AIM Exploration Inc. (OTC: AEXE) $AEXE was originally formed with the objective to develop a Feldspar mine in the Philippines and source other valuable mining properties worldwide. In mid-2014, AIM acquired what is considered a rich anthracite coal mining concessions in Peru.

Through this acquisition, AIM acquired ownership/control over 1,000 hectares of mining concessions located in Peru following an assessment.

By USA geologist/ mining engineer (Mr. Karl Gurr of Gustafson and Associates). The concessions appeared to be rich with anthracite coal and all samples tested indicated a very high quality of anthracite. On one section of the property, there were and continues to be approximately 20 operating mining tunnels that are being operated by artesian miners who reside close by. AIM has continued to allow the artesian miners to operate on their own. However, the company has contracted with virtually every miner to work strictly for AIM. In addition, AIM, intends to further explore and develop the properties. One of the reports the previous owners (Percana) obtained by a qualified Peruvian geologists estimated there are in excess of six hundred million tons of coal within their properties. We must advise, however, this report is not 43-101 compliant and therefore cannot be relied upon for investment purposes. Nonetheless, AIM believes strongly in the report.

AIM has developed a very strong relationship with an Indian firm (Prina Energy) to market the coal and is now in the final stages of setting up a joint venture operation headquartered in Dubai UAE DMCC, a strategic move for long-term growth and profitability for AIM, Prina has strong ties in the UAE not only with high-level long-term buyers but access to appropriate financing which AIM will require for operational working capital.

This joint venture will be completely set up in the very near future and operations will commence.

It is anticipated that commencing January 2017 all the operations will be underway and shipping of coal is anticipated for March 2017.

Forward-Looking Statements: Certain information set forth in this press release contains “forward-looking statements” and “forward-looking information” under applicable securities laws. Except for statements of historical fact, certain information contained herein constitutes forward-looking statements, which include management’s assessment of future plans and operations that are based on current internal expectations, estimates, projections, assumptions and beliefs, which may prove to be incorrect. The Company is not basing its production on a feasibility study of mineral reserves that has demonstrated economic and technical viability. Some of the forward-looking statements may be identified by words such as “estimates,” “expects,” “anticipates,” “believes,” “projects,” “plans,” “targets,” and similar expressions. These statements are not guarantees of future performance and undue reliance should not be placed on them. Such forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause AIM’s actual performance and financial results in future periods to differ materially from any projections of future performance or results expressed or implied by such forward-looking statements.

Contact: [email protected]
Twitter: www.twitter.com/aexeqb or @aexedb
Website: www.aimexploration.com

AIM Exploration Inc. 
J.R. (Bob) Todhunter

SOURCE: AIM Exploration Inc.

HPQ PureVap QRR Successfully Produces 99.99+% (4N+) Silicon Metal Using 98.14% SiO2 Feed, R&D Testing Ongoing To Reach Higher Purity Levels $HPQ.ca

Posted by AGORACOM-JC at 7:55 AM on Tuesday, November 29th, 2016

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  • Results from test 19 confirm production of 4N+ purity Silicon Metal (99.99+% Si)
  • High Purity Silicon Metal test results recently produced using the first generation setup of the lab-scale PUREVAPâ„¢ QRR, combined with the addition of a purifying agent

MONTREAL, QUEBEC–(Marketwired – Nov. 29, 2016) – HPQ Silicon Resources Inc. (“HPQ”) (TSX VENTURE:HPQ)(FRANKFURT:UGE)(OTC PINK:URAGD) is pleased to inform its shareholders that PyroGenesis Canada Inc (“PyroGenesis”) has just submitted a new stage report(1) pertaining to High Purity Silicon Metal test results recently produced using the first generation setup of the lab-scale PUREVAPâ„¢ QRR,combined with the addition of a purifying agent.

ANALYSIS CONFIRMS PRODUCTION OF 4N+ SILICON METAL (99.99+% Si)

Multiple analyses of the material produced during test 19 were completed at the « Centre de Caractérisation Microscopique des Matériaux » (CM2), located at the École Polytechnique de Montréal using a Scanning Electron Microscope (SEM) associated with a Wavelength-Dispersive Spectroscopy (WDS).

The results from test 19 confirm production of 4N+ purity Silicon Metal (99.99+% Si). At this stage, the final purity level of the material in less than 100-ppm range (parts per million) has not been determined. Since this test was the last prior to the upgrades of the lab-scale PUREVAP™ QRR, these positive results will be incorporated into the plans for all-future testing in which samples will be routinely analyzed to much lower detection limits. R&D lab testing is still ongoing and the project is on schedule for completion in January 2017.

“We have officially reached the 4N Milestone, and the technical team now can focus on the improvements to follow up the achievement of the 4N+ high grade silicon core. The PUREVAPâ„¢ QRR results once again exceeded our expectations at this early stage of development testing. The presence of a high grade core of material and the evidence of zonation in which impurities are forced to the outside is exactly what we were working toward, and this result has come earlier than expected. In addition, production of 99.99+% Si using 98.14% SiO2 feed speaks volumes about the economic opportunities that the PUREVAPâ„¢ QRR represents for HPQ-Silicon and its numerous high grade quartz deposits, in our objective of becoming vertically integrated” said Bernard Tourillon, Chairman and CEO of HPQ-Silicon. “Furthermore, testing and process improvements are being made on a continual basis, as our goal of making Solar Grade Silicon gets closer to becoming a reality.”

ANALYTICAL RESULTS INDICATE ZONATION PRODUCTION OF A HIGH GRADE SILICON CORE

More importantly, the analytical data points to directional crystallization of a core of higher purity silicon metal, as well as, zonation of the impurities as observed in other purification processes. This apparent zonation indicates that the PUREVAP™ process has now achieved a physical segregation of residual impurities at lab-scale stage. The groundbreaking importance of this is the initial production of a higher purity core section of the silicon material, which is where the targeted 6N silicon would be expected to accumulate in the future. This core of high purity silicon material would then be extracted and sold as solar grade silicon. The less pure portions, where the impurities have migrated, would then be separated and sold as high value Silicon Metal by-products.

FURTHER CHARACTERIZATION OF IMPURITIES TO FOLLOW

The WDS analytical method provides quantitative analyses of precise spots with a detection threshold of approximately 0.01%, or 100 ppm (weight basis). The results confirm impurity levels to as low the detection limit of 0.01% (< 100 ppm) for almost all the major impurities. This positive result means that going forward material produced from ongoing test work, which will focus on improvements to the purification process and adaptation to the Pilot Plant development, will now be sent for detailed analysis and characterization of the impurities, in less than 100 parts per million (ppm) range, to fully evaluate the effectiveness of the PUREVAP™ QRR.

“We are extremely pleased with the progress to date,” said Pierre Carabin, CTO of PyroGenesis. “We have now reached the detection limits of two analysis methods and confirmed the ability of the process produce silicon metal of at least 99.99+% purity. This confirms that we are truly on to something unique.”

TEST KEY PARAMETERS

The feedstock for experiment #19 was 300 g of a mixture 2.5:1 weight basis of 2-4 mm Quartz lot #A16- 09153 from Ronceveaux and activated carbon #5566 provided by Asbury Carbon. The overall purity of the Quartz is evaluated at 98.14 %.

Table 1 – Impurity levels for the Quartz, the Carbon and the resulting Mixture

Material Quartz Carbon Mixture
#ID A16-09153 5566 2.5:1 m/m
Units (ppm ) (ppm ) (ppm )
Al 265 337 285
Ca 71 2848 865
Fe 6,295 39 4,508
Mg 0 131 37
Mn 70 2 50
Na 148 184 158
K 0 229 66
Ti 12 2 9
P 0 215 61
S 0 204 58
W 0 0 0
B 5 3 4

The Quartz and the Carbon were both analyzed using a combination of ICP-AES and ICP-MS by third-party laboratories. The impurity concentrations of the mixtures are a weighted average of the ones of the reagents in respect to their mass ratio (2.5:1). It can be noted that the impurity levels in the resulting mixture are relatively high, especially in iron, which is a difficult element to vaporize.

RESULTS

As shown in Table 2 below, 4 of the 5 different locations analyzed on the sample were of a purity of 4N+ (99.99+ %) with a mean purity of 99.99 %. The main contaminants were Aluminum (Al) and Phosphorus (P) with 0.008 % and 0.002 % respectively in average. Interestingly, the concentrations were below the detection limits for all the other contaminants for all locations.

Table 2- Elementary concentration in % of the sample at 5 locations

Elements Location 1 Location 2 Location 3 Location 4 Location 5 Average
(%) (%) (%) (%) (%) (%)
Si 99.99 100.00 99.99 99.99 99.98 99.99
Al 0.01 <0.01 <0.01 0.01 0.02 0.008
P <0.01 <0.01 0.01 <0.01 <0.01 0.002
W <0.01 <0.01 <0.01 <0.01 <0.01 0.000
Fe <0.01 <0.01 <0.01 <0.01 <0.01 0.000
Mn <0.01 <0.01 <0.01 <0.01 <0.01 0.000
Ti <0.01 <0.01 <0.01 <0.01 <0.01 0.000
Ca <0.01 <0.01 <0.01 <0.01 <0.01 0.000
K <0.01 <0.01 <0.01 <0.01 <0.01 0.000
S <0.01 <0.01 <0.01 <0.01 <0.01 0.000
Mg <0.01 <0.01 <0.01 <0.01 <0.01 0.000
Na <0.01 <0.01 <0.01 <0.01 <0.01 0.000
C <0.01 <0.01 <0.01 <0.01 <0.01 0.000
B <0.01 <0.01 <0.01 <0.01 <0.01 0.000

“These results are significant as the prevailing proposition suggests that the quartz purity level required to make high purity silicon metal is over 99.5%(2)” said P. Peter Pascali, President and CEO of PyroGenesis. “The PUREVAPâ„¢ has proven that to no longer be the case. We have demonstrated that the process can produce high purity silicon metal from significantly lower purity quartz as feedstock. The implications of this are enormous when considering the potential commercial applications of the process. Conceivably, we can now take a cheap and abundant low purity quartz feedstock and transform it into a high value end product.”

FURTHER INFORMATION ON THE TEST

During phase 1 – Proof of concept test, the produced silicon was only collected at the surface of the graphite electrode. Now, not only is silicon produced at the surface of the electrode, but is also accumulated at the bottom of the crucible.

Figure 1 - http://www.marketwire.com/library/20161128-800Photo1078160.jpg

The R&D lab testing is still ongoing and the project is on schedule for a January 2017 completion. By the end of the Process Characterization phase, PyroGenesis expects to have conducted between 40 and 50 laboratory scale experiments. The data collected during the Process Characterization phase will be used for the Pilot Scale design, which is also currently underway.

Testing Methodology:

Scanning electron microscopy (SEM), Energy Dispersive X-ray Spectroscopy (EDS), and Wavelength-Dispersive X-Ray Spectroscopy (WDS) analysis were completed at the Centre de Caractérisation Microscopique des Matériaux (CM2), located at the École Polytechnique de Montréal.

Pierre Carabin, Eng., M. Eng., has reviewed and approved the technical content of this press release.

About HPQ Silicon

HPQ Silicon Resources Inc is a TSX-V listed junior exploration company planning to become a vertically integrated and diversified High Value Silicon Metal (99.9+% Si), and Solar Grade Silicon Metal (99.9999% Si) producer.

Our business model is focused on developing a disruptive High Purity and Solar Grade Silicon Metal manufacturing process (patent pending) and becoming a vertically – integrated Solar Grade Silicon producer that can generate high yield returns and significant free cash flow within a relatively short time line.

Disclaimers:

This press release contains certain forward-looking statements, including, without limitation, statements containing the words “may”, “plan”, “will”, “estimate”, “continue”, “anticipate”, “intend”, “expect”, “in the process” and other similar expressions which constitute “forward-looking information” within the meaning of applicable securities laws. Forward-looking statements reflect the Company’s current expectation and assumptions, and are subject to a number of risks and uncertainties that could cause actual results to differ materially from those anticipated. These forward-looking statements involve risks and uncertainties including, but not limited to, our expectations regarding the acceptance of our products by the market, our strategy to develop new products and enhance the capabilities of existing products, our strategy with respect to research and development, the impact of competitive products and pricing, new product development, and uncertainties related to the regulatory approval process. Such statements reflect the current views of the Company with respect to future events and are subject to certain risks and uncertainties and other risks detailed from time-to-time in the Company’s on-going filings with the securities regulatory authorities, which filings can be found at www.sedar.com. Actual results, events, and performance may differ materially. Readers are cautioned not to place undue reliance on these forward-looking statements. The Company undertakes no obligation to publicly update or revise any forward-looking statements either as a result of new information, future events or otherwise, except as required by applicable securities laws.

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.

(1) PyroGenesis Technical Memo: TM-2016-765, Rev. 00, “Mass balance on impurities for test 19”
(2) Please refer to HPQ -Silicon Resources Inc and Pyrogenesis Canada Inc November 2, 2016 press releases

HPQ Silicon Resources Inc.
Bernard J. Tourillon
Chairman and CEO
(514) 907-1011
www.HPQSilicon.com

HPQ Silicon Resources Inc.
Patrick Levasseur
President and COO
(514) 262-9239
www.HPQSilicon.com

Explor Resources Exploration Program Update on the Timmins Porcupine West Gold Property $EXS.ca

Posted by AGORACOM-JC at 4:37 PM on Thursday, November 24th, 2016

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  • Announced an Exploration Program Update on the Timmins Porcupine West Property as provided by Teck Resources Limited
  • In December 2014, the Corporation signed an agreement with Teck under which Teck can acquire an initial 55% interest in the Timmins Porcupine West property by completing exploration work expenditures totaling $8,000,000 by May 1st, 2019

ROUYN-NORANDA, QUEBEC–(Nov. 24, 2016) – Explor Resources Inc. (“Explor” or “the Corporation”) (TSX VENTURE:EXS)(OTCQX:EXSFF)(FRANKFURT:E1H1)(BERLIN:E1H1) is pleased to announce an Exploration Program Update on the Timmins Porcupine West Property (“TPW Property” or the “Property“) as provided by Teck Resources Limited (“Teck“). In December 2014, the Corporation signed an agreement with Teck under which Teck can acquire an initial 55% interest in the Timmins Porcupine West property by completing exploration work expenditures totalling $8,000,000 by May 1st, 2019.

A technical meeting was held on October 07, 2016 that reviewed results to date as well as plans going forward on the property as detailed below.

In 2016, the focus has been reviewing the volume of data received in 2015, and developing vectors to mineralization in order to make drilling more efficient. Key points of this work included:

  1. Development of a ‘sericite index’ reflecting particular white mica compositions, as mapped by Short Wave Infrared (“SWIR”) techniques, which have a close spatial association with high grade gold intersections.
  2. Identification of key geochemical pathfinders to mineralization, including zinc, sulphur, lead, iron, among others.
  3. The combination of the alteration with the geochemistry can be used to identify ‘near-hit’ holes, and potential upside for West-Deep style mineralization.

The work completed by Teck to date has confirmed and identified a hydrothermal corridor (the “Porcupine Horizon”) through geochemistry and SWIR data, and selection of ‘near-hit’ holes, techniques were investigated in an effort to vector to mineralization within this plane, and to increase drill metre efficiency through geophysics.The results of the alteration and geochemistry studies support the hypothesis of an approximately east-west corridor hydrothermal corridor, within which the West Deep Zone defines a discrete ore shoot. In April 2016, Teck conducted a borehole physical property survey using in-house equipment, as well as non-destructive benchtop studies of known mineralization to identify geophysics options.

The results indicated that mineralization is chargeable (IP), but produces false anomalies (non-gold bearing pyrite zones). The results also indicated that mineralization is conductive (EM), and did not produce significant false anomalies. The results of these studies indicate that EM should be able to detect West-Deep style mineralization.

Following the petro-physics work, a borehole EM study was designed to test real-world efficacy of the method. 4 holes were tested (TPW-11-43W6, TPW-11-45W3, TPW-10-34, and TPW-15-120) in order to confirm the method can detect mineralization in the West Deep zone, and to test the distance resolution of the technique.

  1. The technique was able to detect mineralization within approximately 30m of the boreholes. While this is useful for guiding step-out drilling within a shoot, it does not seem to see far enough off-hole to identify shoots around near-hit holes.
  2. Based on the results of the borehole EM, a VTEM survey was supported. Theoretical modeling of the EM response suggests that the VTEM technique should be able to detect a West-deep size body within approximately 200m of the surface (varying with size and conductance of a targeted body), with the opportunity to identify new shoots. The VTEM survey was flown the week ending September 23rd, and results are pending data processing by the contractor.

As far as expenditures on the property are concerned, Teck has forecasted approximately CA$316,000 expenditures for calendar year 2016. This brings the total forecast earn-in expenditures to approximately $2,130,000 CDN to year end.

Teck stated that as far as a fall/winter 2016/2017 drill program is concerned, Teck has planned a program and is presently waiting for budgetary approval as a program has been put forward.

The Timmins Porcupine West Gold Property consists of 185 unpatented mining units and 3 patented claims located in the Bristol and Ogden Townships in the Timmins-Porcupine Mining Camp for a total 3,200 hectares. The highway 101 bisects the property and provides access from the city of Timmins located 13 km to the east. The 3-D geological model may be viewed on our website: www.explorresources.com. The property has been explored since 1927 by numerous ground geophysical surveys and diamond drilling of up to 111 holes. In 1984, Dome Exploration discovered and delineated a gold mineralized zone that was approximately 350 meters long and 45 meters wide and open below 350 meters of vertical depth.

The Timmins Porcupine West Project has a structural target model developed by Explor based on the “Hollinger-McIntyre-Coniaurum System”. The Hollinger-McIntyre-Coniaurum (HMC) System has produced a total of over 30 million oz of gold and is spatially associated with the Pearl Lake Porphyry.

Chris Dupont, P.Eng is the qualified person responsible for the technical information contained in this release.

Explor Resources Inc. is a publicly listed company trading on the TSX Venture (EXS), on the OTCQX (EXSFF) and on the Frankfurt and Berlin Stock Exchanges (E1H1).

This Press Release was prepared by Explor. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the Policies of the TSX Venture Exchange) has reviewed or accepts responsibility for the adequacy or accuracy of this release.

About Explor Resources Inc.

Explor Resources Inc. is a Canadian-based natural resources company with mineral holdings in Ontario, Québec, Saskatchewan and New Brunswick. Explor is currently focused on exploration in the Abitibi Greenstone Belt. The belt is found in both provinces of Ontario and Québec with approximately 33% in Ontario and 67% in Québec. The Belt has produced in excess of 180,000,000 ounces of gold and 450,000,000 tonnes of Cu-Zn ore over the last 100 years. The Corporation was continued under the laws of Alberta in 1986 and has had its main office in Québec since 2006.

Explor Resources Flagship project is the Timmins Porcupine West (TPW) Project located in the Porcupine mining camp, in the Province of Ontario. Teck Resources Limited is currently conducting an exploration program as part of an earn-in on the TPW property. The TPW mineral resource (Press Release dated August 27, 2013) includes the following:

Open Pit Mineral Resources at a 0.30 g/t Au cut-off grade are as follows: 
Indicated: 213,000 oz (4,283,000 tonnes at 1.55 g/t Au)
Inferred: 77,000 oz (1,140,000 tonnes at 2.09 g/t Au)
Underground Mineral Resources at a 1.70 g/t Au cut-off grade are as follows: 
Indicated: 396,000 oz (4,420,000 tonnes at 2.79 g/t Au)
Inferred: 393,000 oz (5,185,000 tonnes at 2.36 g/t Au)

This document may contain forward-looking statements relating to Explor’s operations or to the environment in which it operates. Such statements are based on operations, estimates, forecasts and projections. They are not guarantees of future performance and involve risks and uncertainties that are difficult to predict and may be beyond Explor’s control. A number of important factors could cause actual outcomes and results to differ materially from those expressed in forward-looking statements, including those set forth in other public filling. In addition, such statements relate to the date on which they are made. Consequently, undue reliance should not be placed on such forward-looking statements. Explor disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, save and except as may be required by applicable securities laws.

A map of TECK RESOURCES LIMITED – TIMMINS PORCUPINE WEST 2015 DRILLING is available at the following address: http://media3.marketwire.com/docs/161124_EXS_Map.pdf

Explor Resources Inc.
Christian Dupont
President
819-797-1870
888-997-4630 or 819-797-4630
[email protected]
www.explorresources.com

INTERVIEW: PFN Capital (TSXV: PFN) At the Forefront of PGM and Lithium Exploration $PFN.ca

Posted by AGORACOM-JC at 4:35 PM on Wednesday, November 23rd, 2016

  • 100% owned River Valley PGM resource in Northern Ontario is one of the largest undeveloped primary PGM resources in Canada
  • Measured + Indicated resources contain ~ 2,500,000 ounces PGM + Gold
  • Resource under Evaluation for Development Potential as Open Pit Mining Operation

Hub On AGORACOM / Corporate Profile / Watch Interview

Tartisan Resources Corp. Announces Closing of the First Tranche of the Private Placement for Proceeds of $100,000 $TTC.ca

Posted by AGORACOM-JC at 10:40 AM on Wednesday, November 23rd, 2016

Tartisan logo copy

  • Announced the closing of the first tranche of the Private Placement announced yesterday  
  • The proceeds from today’s closing amount to $100,000.

Toronto, Ontario (FSCwire) - Tartisan Resources Corp. (CSE: TTC) (“Tartisan”, or the “Company”) is pleased to announce the closing of the first tranche of the Private Placement announced yesterday . The proceeds from today’s closing amount to $100,000.

Private Placement

Tartisan Resources Corp. has raised  $CDN 100,000 via non-brokered private-placement at CDN $0.05 cents per unit with a full warrant at CDN $0.10 cents, expiring 24 months from date of closing of this offering.

The net proceeds from this offering will be used for general working capital purposes and to acquire interests in available properties and projects in Peru and Ontario.

Tartisan Resources Corp. common shares are listed on the Canadian Securities Exchange (CSE:TTC). Currently, there are 61,169,982 shares outstanding (78,759,982 fully diluted).

For further information, please contact Mr. D. Mark Appleby, President & CEO and a Director of the Company, at 416-804-0280 ([email protected]). Additional information about Tartisan can be found at the Company’s website at www.tartisanresources.com or on SEDAR at www.sedar.com.

This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore, involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.

The Canadian Securities Exchange (operated by CNSX Markets Inc.) has neither approved nor disapproved of the contents of this press release)

To view this press release as a PDF file, click onto the following link:
public://news_release_pdf/Tartisan11232016.pdf

Explor Closes a Second Tranche of a Maximum of $2 Million Private Placement in Flow-Through Shares $EXS.ca

Posted by AGORACOM-JC at 4:14 PM on Friday, November 18th, 2016

Exs logo

  • Announces the closing of a second tranche of a non-brokered private placement previously announced for a maximum of 23,529,412 flow-through common shares at a price of $0.085 each, for total gross proceeds of up to CDN $2,000,000

ROUYN-NORANDA, QUEBEC–(Nov. 18, 2016) – Explor Resources Inc. (TSX VENTURE:EXS)(OTCQX:EXSFF)(FRANKFURT:E1H1)(BERLIN:E1H1) (“Explor” or the Corporation)announces the closing of a second tranche of a non-brokered private placement previously announced for a maximum of 23,529,412 flow-through common shares at a price of $0.085 each, for total gross proceeds of up to CDN $2,000,000 (the “Private Placement“). The second tranche of the Private Placement closed today consists in the sale of 2,552,941 shares for an aggregate subscription of $217,000.

The net proceeds from the Private Placement will have to be incurred by the Corporation in exploration expenditures on mining properties located in the provinces of Québec.

In connection with the Private Placement, the Corporation will pay to an arm’s length finder, finder’s fees representing a cash amount equal to 8% of the subscribed amount through the finder, and non-transferrable finder’s warrants entitling to purchase such number of common shares of the Corporation equal to 8% of the aggregate number of shares subscribed through the finder. These finder’s warrants will be exercisable at a price of $0.085 per common share, up to 24 months from the closing date.

The securities issued pursuant to the second closing of the Private Placement are subject to a hold period of four months and a day ending March 19, 2017. The Private Placement is subject to the final approval of the TSX Venture Exchange.

Explor Resources Inc. is a publicly listed company trading on the TSX Venture (EXS), on the OTCQX (EXSFF) and on the Frankfurt and Berlin Stock Exchanges (E1H1).

This press release was prepared by Explor. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the Policies of the TSX Venture Exchange) has reviewed or accepts responsibility for the adequacy or accuracy of this release.

About Explor Resources Inc.

Explor Resources Inc. is a Canadian-based natural resources company with mineral holdings in Ontario, Québec, Saskatchewan and New Brunswick. Explor is currently focused on exploration in the Abitibi Greenstone Belt. The belt is found in both provinces of Ontario and Québec with approximately 33% in Ontario and 67% in Québec. The Belt has produced in excess of 180,000,000 ounces of gold and 450,000,000 tonnes of cu-zn ore over the last 100 years. The Corporation was continued under the laws of Alberta in 1986 and has had its main office in Québec since 2006.

Explor Resources Flagship project is the Timmins Porcupine West (TPW) Project located in the Porcupine mining camp, in the Province of Ontario. Teck Resources Ltd. is currently conducting an exploration program as part of an earn-in on the TPW property. The TPW mineral resource (Press Release dated August 27, 2013) includes the following:

Open Pit Mineral Resources at a 0.30 g/t Au cut-off grade are as follows: 

Indicated: 213,000 oz (4,283,000 tonnes at 1.55 g/t Au)
Inferred: 77,000 oz (1,140,000 tonnes at 2.09 g/t Au)

Underground Mineral Resources at a 1.70 g/t Au cut-off grade are as follows: 

Indicated: 396,000 oz (4,420,000 tonnes at 2.79 g/t Au)
Inferred: 393,000 oz (5,185,000 tonnes at 2.36 g/t Au)

This document may contain forward-looking statements relating to Explor’s operations or to the environment in which it operates. Such statements are based on operations, estimates, forecasts and projections. They are not guarantees of future performance and involve risks and uncertainties that are difficult to predict and may be beyond Explor’s control. A number of important factors could cause actual outcomes and results to differ materially from those expressed in forward-looking statements, including those set forth in other public filling. In addition, such statements relate to the date on which they are made. Consequently, undue reliance should not be placed on such forward-looking statements. Explor disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, save and except as may be required by applicable securities laws.

Christian Dupont, President
888-997-4630 or 819-797-4630
819-797-1870
www.explorresources.com
[email protected]

Namaste Signs Exclusive Distribution Agreement for Inhalater Products $N.ca

Posted by AGORACOM-JC at 8:45 AM on Wednesday, November 16th, 2016

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  • Entered an exclusive distribution agreement with Pharmacor Technologies Inc. for the international sale of the Inhalater line of vaporizers and accessories
  • Inhalater S6 will retail for approximately $300, which is a competitive price for a premium medical grade vaporizer

VANCOUVER, BRITISH COLUMBIA–(Nov. 16, 2016) – Namaste Technologies Inc. (“Namaste” or the “Company”) (CSE:N)(FRANKFURT:M5BQ) is pleased to announce that it has entered an exclusive distribution agreement (the “Agreement”) with Pharmacor Technologies Inc. (“Pharmacor”) for the international sale of the Inhalater line of vaporizers and accessories. This Agreement represents one of multiple exclusive agreements the Company intends to pursue and is testament to the unique international distribution network and level of service the Company is known for delivering.

Inhalater Line of Products

Inhalater vaporization technology is the result of over 10 years of research and development and comprises a unique dual heating system that offers medicinal grade extraction qualities. This differentiates the products from other vaporizers. Pharmacor is currently releasing the Inhalater S6, which features the following characteristics:

  • Great taste and effective with flowers, concentrates and shisha tobaccos;
  • Medical grade device with protective caps and cost effective disposable mouth pieces;
  • Real-time temperature boost system that enhances vapor production and taste;
  • Compatible with a range of accessories including water tools, electric grinder to prepare concentrates and capsule pack to carry preloaded doses; and
  • Over 90 minutes of vaporization time.

The technology is patent pending for all industrialized countries. The Inhalater S6 will retail for approximately $300, which is a competitive price for a premium medical grade vaporizer.

Term of the Agreement

Pursuant to the term of the Agreement, Pharmacor has provided Namaste exclusivity over the sale of the Inhalater line of products for a period of 2 years. The exclusivity shall apply to all countries outside Canada and the US. In exchange for exclusivity, Namaste has committed to use reasonable commercial efforts to build the Inhalater brand internationally and will provide support in terms of managing advertising, shipping, customer service and support, and warranty and return functions. Namaste will charge Pharmacor competitive market rates for managing these services and has established standard operating procedures for administration and execution of the Agreement.

Management Commentary

Sean Dollinger, President and CEO of Namaste, comments: “We are very pleased to be working with Pharmacor to bring their products to the international marketplace. We have built Namaste into a differentiated company based on our extensive international distribution network and our ability to enter agreements with manufacturers to provide specific solutions to take their products to market. We see multiple opportunities to continue expanding our business through exclusive distribution rights.”

About Pharmacor Technologies Inc.

Pharmacor technologies is a Canadian based company in operation since 2006. With its first product release in 2012, the company has established itself as a leading entity in the field of medicinal vaporisation. Focused on developing and manufacturing forward thinking technology, Pharmacor combines unique Canadian R&D capacities in the field of cannabis technology with the mass production capacity of Chinese partners. This positions the company as a reference point in the world of vaporization.

About Namaste Technologies Inc.

Namaste Technologies Inc. is an emerging leader in vaporizer and accessories space. Namaste has 26 e-commerce retail stores in 20 countries, offers the largest range of brand name vaporizers products on the market and is actively manufacturing and launching multiple unique proprietary products for retail and wholesale distribution. The Company is currently focused on expanding its product offering, acquisitions and strategic partnerships, and entering new markets globally.

On behalf of the Board of Directors

Sean Dollinger, Chief Executive Officer

Further information on the company and its products can be accessed through the links below:

www.namastetechnologies.com

www.namastevaporizers.com

www.namastevaporizers.co.uk

www.vaporseller.com

www.everyonedoesit.com

www.everyonedoesit.co.uk

FORWARD LOOKING INFORMATION

This press release contains forward-looking information based on current expectations. These statements should not be read as guarantees of future performance or results. Such statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from those implied by such statements. Although such statements are based on management’s reasonable assumptions. Namaste assumes no responsibility to update or revise forward-looking information to reflect new events or circumstances unless required by law.

Although the Company believes that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because the Company can give no assurance that they will prove to be correct. Since forward-looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. These statements speak only as of the date of this press release. Actual results could differ materially from those currently anticipated due to several factors and risks including various risk factors discussed in the Company’s disclosure documents which can be found under the Company’s profile on www.sedar.com.

This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The CSE has neither reviewed nor approved the contents of this press release.

Namaste Technologies Inc.
Sean Dollinger
Chief Executive Officer
+ 1 (786) 389-9771
[email protected]
www.namastetechnologies.com

AIM Exploration Inc. Background and update as of Fall 2016 $AEXE.us

Posted by AGORACOM-JC at 4:18 PM on Tuesday, November 15th, 2016

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Henderson, NV – AIM Exploration Inc. (OTCQB:AEXE) is pleased to provide a comprehensive background and update as of Fall 2016

AIM Exploration Inc. was originally formed with the objective to develop a Feldspar mine in the Philippines and source other valuable mining properties worldwide. In mid 2014 AIM acquired what is considered a rich anthracite coal mining concessions in Peru from Percana Mining Corp., a privately held company. AIM continued to look at and consider other properties however none of the other properties AIM reviewed had the long term profitability potential AIM was looking for. During this period AIM continued to operate the Feldspar properties in the Philippines however in 2016 the change within the government in the Philippines made significant changes to mining laws which AIM studied and after careful consideration elected to cease all operations in the Philippines and concentrate all efforts and resources on the Peruvian properties in view of the high profit potential.

As stated above in mid 2014, Aim Exploration, Inc. entered into a Mining Concession Asset Acquisition Agreement with Percana Mining Corp.. Through this acquisition AIM acquired ownership/control over 1,000 hectares of mining concessions located in Peru.

Prior the completion of the acquisition AIM hired a USA geologist/ mining engineer (Mr. Karl Gurr of Gustafson and associates) to complete a site visit and review the previous documentation and reports previously obtained by Percana Mining Corp. Mr. Gurr provided a detailed report to AIM and based on this report AIM was confident the concessions would prove out. The concessions appeared to be rich with anthracite coal and all previous samples (and subsequent samples) tested indicated a very high quality of anthracite. The mining concession properties are adjoining properties, on one section of the property there were and continues to be approximately 20 operating mining tunnels that are, and continue to be operated by artesian miners who reside close by. AIM has continued to allow the artesian miners to operate on their own however the company has contracted with virtually every miner to work strictly for AIM. In addition, AIM, through the direction and guidance of Mr. Karl Gurr intends to further explore and develop the properties. One of the reports the previous owners (Percana) obtained by a qualified Peruvian geologists estimates there are in excess of six hundred million tons of coal within their properties, we must advise however this report is not 43-101 compliant and therefore cannot be relied upon for investment purposes however AIM believes strongly in the report.

From a background standpoint prior to AIM taking control of the property the previous owners worked very hard over a number of years developing a strong rapport with the local inhabitants in villages close to the mining site. Through their efforts they obtained approval from the locals to explore and develop the properties. AIM continues to work very closely with the previous owners as the current President & CEO of AIM was the President of Percana and the other director of Percana is very closely involved and will be overseeing the operations in Peru. AIM has developed very close relations with key people in Peru and has strong ties not only with the locals but with strong legal and accounting teams in Peru.

AIM has personnel in Peru working diligently to continue to develop operations within the country. AIM has spent a great deal of time developing and refining the infrastructure to ensure profitable operations, including but not limited to coal extraction from the existing tunnels, transportation of the coal from the mine site to a holding site in Trujillo (approx. 200 KM), and further transport to the Port of Salaverry located within 2 KM of the holding site. AIM has developed strong ties with the Port Authority and feels extremely confident of their co-operation.

The board of directors of AIM are seasoned professionals as is the case with all the individuals and firms they choose to work with, AIM carefully considers everyone they choose to work with as they must understand the underlying AIM philosophy —- AIM cares! AIM not only cares about the people but cares about the environment. An example how much we care is we have over the years assisted members of the small communities close to the mine sites with medical needs, and helping the families and children in the communities through bring much needed medication, sporting equipment to the children and we even hold annual Christmas parties for the needy families.

Of late AIM, knowing that miners are working in less than desirous situations they recently hired a company Caduceus Software Systems Corp. (aka Caduceus) to work with the company to ensure the safest environment possible. Caduceus is a company that specializes in harsh environment situations and safety consulting, and can provide certificates for AIM’s mining crew. It is intended that Caduceus work with the miners and provide the AIM crew with Confined Space and Advanced Rescue entry and attendant certificates, Fall protection and Fall Arrest cards, Draeggar Monitoring training, and conduct FIT tests.

While AIM continues to set up and refine operations within Peru the President of AIM has been concentrating on the marketing of the anthracite coal. Over the years many potential purchasers have shown a great deal of interest working with AIM, however knowing and understanding the long term effects of developing marketing relationships AIM was very careful selecting the group they feel has the strongest long term potential for the shareholders of AIM. During the past 18 months AIM has developed a very strong working relationship with an Indian firm (Prina Energy) to market the coal. The relationship with the President of Prina Energy is very strong. After a site visit in Peru, Prina not only completely viewed the entire AIM properties but was also introduced to all AIM personnel in Peru and met with the key players in Peru and developed a strong understanding of the detailed logistics AIM has developed.

Through this association initially Prina Energy provided AIM with an LOI to purchase coal direct; however subsequent to that AIM and Prina have developed an even stronger relationship and is now in the final stages of setting up a joint venture operation head-quartered in Dubai UAE DMCC.

The DMCC was established in 2002 as a strategic initiative of the Government of Dubai with a mandate to provide the physical, market and financial infrastructure required to set up and operate a thriving commodities marketplace, today they are officially recognized as the largest Free Zone in the United Arab Emirates with over 12,000 registered companies under license.

Setting up the marketing arm in Dubai is a strategic move for long term growth and profitability for AIM, Prina has strong ties in the UAE not only with high level long term buyers but access to appropriate financing which AIM will require for operational working capital.

In addition, Prina, through close connections will attract the level of buyers needed to make AIM a profitable corporation over the long term.

This joint venture will be completely set up in the very near future and operations will commence.

It is anticipated that commencing January 2017 all the operations will be underway and shipping of coal is anticipated for March 2017.

About Aim Exploration:

The Company is an Anthracite coal mining and exploration company and plans to mine 1,000 hectares of land. We have expertise in business, mining, and legal with our distinguished board of directors. We have amicable relationships with all parties involved in mining in Peru. We are a SEC reporting publicly traded company with the symbol (OTC: AEXE).

Forward-Looking Statements and Disclosures Certain information set forth in this press release contains “forward-looking statements” and “forward-looking information” under applicable securities laws. Except for statements of historical fact, certain information contained herein constitutes forward-looking statements, which include management’s assessment of future plans and operations and are based on current internal expectations, estimates, projections, assumptions and beliefs, which may prove to be incorrect. Some of the forward-looking statements may be identified by words such as “estimates,” “expects,” “anticipates,” “believes,” “projects,” “plans,” “targets,” and similar expressions. These statements are not guarantees of future performance and undue reliance should not be placed on them. Such forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause AIM’s actual performance and financial results in future periods to differ materially from any projections of future performance or results expressed or implied by such forward-looking statements.

Contact:

AIM Exploration Inc.

J.R. (Bob) Todhunter

Director, President & CEO

www.aimexploration.com

[email protected]

https://twitter.com/AEXEqb

Major Richard Winters – “I Served In A Company Of Heroes”. Band Of Brothers

Posted by AGORACOM at 4:44 PM on Friday, November 11th, 2016

If you haven’t watched the mini-series Band of Brothers, you need to.   This isn’t a series about war, it is a true story about honor and the sacrifice a generation of young men and women made to propel us into our way of life.  I’ve watched it twice now – and I am still speechless.

Though no solider should or wants to be held above the others, I could not help but unconditionally admire Major Richard Winters.  I could give you my top 100 reasons below – but I will let the first 30 seconds of this interview do the talking.

Today, don’t just buy a Poppy and drop some money into a Veteran’s box.  Take 30 seconds to thank them for their selfless acts and tell them how much better the life of you and your family is today.

Thank-you Veterans.  You are simply nothing less than legends that have earned the respect and thanks of every generation that has and will come after you.

With thanks, respect, admiration and appreciation,

George, et al.

Nevada Energy Metals Options Out Third Lithium Project and Furthers its Project Generator Model $BFF.ca

Posted by AGORACOM-JC at 9:40 AM on Friday, November 11th, 2016

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  • Completed a third joint venture option agreement
  • Entered into an Option Agreement with LiCo Energy Metals Inc.
  • property consists of 128 placer claims (2,560 acres/ 1,036 hectares) located in southwest Black Rock Desert, Washoe County, Nevada

November 11, 2016 / Vancouver, British Columbia- Nevada Energy Metals Inc. “the Company”, TSX-V: BFF (OTCQB: SSMLF) (Frankfurt: A2AFBV) is pleased to announce that it has completed a third joint venture option agreement. The Company has entered into an Option Agreement with LiCo Energy Metals Inc. (“LiCo”) dated November 10, 2016 (the “Agreement”) whereby LiCo can acquire an undivided 70% interest, subject to a 3% Net Smelter Royalty, in the Black Rock Desert Lithium Project. The property consists of 128 placer claims (2,560 acres/ 1,036 hectares) located in southwest Black Rock Desert, Washoe County, Nevada. Reno, a major population center lies 177 kilometers to the southwest. The Agreement is “non-arms’ length” and so constitutes a related party transaction, as the “Company’s” President and CEO is also the President and CEO of LiCo. The agreement is subject to TSX Venture Exchange (the “Exchange”) approval.

COO Tim Fernback States “This Agreement is an exciting milestone for the Company as it is the third time that the Company has successfully optioned out particular interest in one of its properties to further the lithium property project generator business plan.”

The geologic setting combined with the presence of lithium in both active geothermal fluids and surface salts within the Black Rock Desert property match characteristics of lithium brine deposits at Clayton Valley, Nevada and in South America. Geothermal fluids adjoining the claims are known to contain anomalous lithium values and a recently completed surface silt sampling program confirmed values containing up to 520 ppm lithium. Although geological work has been undertaken for geothermal energy production in the area, the lithium in brine potential of the playa has not been specifically studied. Initially, the lithium target in this basin was highly conceptual, however, recent exploration results are highly encouraging and warrant a detailed exploration drilling for a Clayton Valley type brine deposit.

Pursuant to the terms of the Agreement, LiCo may exercise the option as follows:

  • -making a payment of US$20,000 immediately upon execution of this Agreement;-making a payment of US$150,000 upon receipt of the Exchange Approval;-completing the issuance to the Optionor of 4,500,000 fully-paid and non-assessable common shares in the capital of the Optionee as follows: 1,500,000 Consideration Shares upon receipt of the Exchange Approval; 1,500,000 Consideration Shares on or before the one (1) year anniversary of the Agreement Date; and 1,500,000 Consideration Shares on or before the two (2) year anniversary of the Agreement Date; and-incurring an aggregate of $1,250,000 in Exploration Expenditures on the Property on or before the three (3) year anniversary of the Agreement Date.

About the Black Rock Desert Property:

The western arm of the Black Rock Desert covers an area of about 2,000 square kilometers and contains 5 of the 30 currently listed Known Geothermal Resource Areas in Nevada. The Property covers an area of playa underlain by a moderately deep basin interpreted from gravity and seismic surveys indicating a maximum thickness of valley-fill deposits of about 1,200 m/ 3,600 ft. A high salt content prevents any significant vegetation from growing on the playa surface. Locally, the basin is being fed in part by boiling springs and siliceous sinter containing strongly anomalous Lithium values (5mg/l) that flank the property on the west side. (U.S. GEOLOGICAL SURVEY Open-File Report 81-918.) While these lithium values are well below those of producing lithium brines, they do represent a significant source of metal available for evaporative concentration within the playa basin.

On a separate note, Nevada Energy Metals Corp. recently notified Dajin that it does not wish to pursue the earn-in agreement entered in December, 2015, for the 191 placer claims covering 3,851 acres (1,558 hectares) at Dajin’s 100-per-cent-owned Alkali Lake property. The Company did not carry out any further exploration on the Alkali Lake project, preferring instead to focus on its own projects.

The Company also announces that it has granted stock options to its directors, officers, and consultants to purchase an aggregate of 6,000,000 common shares in the capital of the Company. The stock options are exercisable for a term of five years at an exercise price of $0.10 per share. All stock options are granted in accordance with the terms of the Company’s Stock Option Plan and the Exchange policies and will be subject to a hold period of four months and a day.

Qualified Person: The technical content of this news release has been reviewed and approved by Alan Morris CPG, Elko, Nevada

About Nevada Energy Metals: http://nevadaenergymetals.com/

Nevada Energy Metals Inc. is a well funded Canadian based exploration company who’s primary listing is on the TSX Venture Exchange. The Company’s main exploration focus is directed at lithium brine targets located in the mining friendly state of Nevada. The Company has 100% ownership in 78 claims in Clayton Valley, only 250m from Rockwood Lithium, the only brine based lithium producer in North America (under option to Lithium America who can earn a 70% interest); 100% interest in the 100 claim Teels Marsh West Project covering 2000 acres (809 hectares) in Mineral County, Nevada; 100% interest in the San Emidio Desert Project consisting of 155 claims (approximately 3,100 acres/1255 hectares) in Washoe County, Nevada; 100% interest in the 710 claim Dixie Valley Project covering about 5746 hectares (22 square miles) of playa and alluvial fan; 100% interest in the BSV Lithium Project – 160 claims, with an area of 3,200 acres/1,295 hectares, located in northern Big Smokey Valley, Nye County, Nevada; 100% interest in the Black Rock Desert Property – 128 claims (2,560 acres/ 1,036 hectares) located in southwest Black Rock Desert, Washoe County, Nevada (now optioned 70% interest to LiCo Energy Metals Inc.).

On Behalf of the Board of Directors

Rick Wilson, President & CEO

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 contents of this release.

Disclaimer for Forward-Looking Information:

The information discussed in this press release may include “forward looking statements” within the meaning of Section 27A of the Securities Act of 1933 (the “Securities Act”) and Section 21E of the Securities Exchange Act of 1934 (the “Exchange Act”). All statements, other than statements of historical facts, included herein concerning, among other things, planned capital expenditures, future cash flows and borrowings, pursuit of potential acquisition opportunities, our financial position, business strategy and other plans and objectives for future operations, are forward looking statements. These forward looking statements are identified by their use of terms and phrases such as “may,” “expect,” “estimate,” “project,” “plan,” “believe,” “intend,” “achievable,” “anticipate,” “will,” “continue,” “potential,” “should,” “could,” and similar terms and phrases. Although we believe that the expectations reflected in these forward looking statements are reasonable, they do involve certain assumptions, risks and uncertainties and are not (and should not be considered to be) guarantees of future performance. It is important that each person reviewing this release understand the significant risks attendant to the operations of the Company. Nevada Energy Metals Inc. disclaims any obligation to update any forward-looking statement made herein.