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Posted by
at 6:24 PM on Monday, November 7th, 2016
WEEKEND FEATURE: PFN (PFN:TSXV) At the Forefront of PGM and Lithium Exploration $PFN.ca
Posted by
at 6:05 PM on Friday, November 4th, 2016
PACIFIC NORTH WEST CAPITAL CORP.
(PFN:TSXV)
Two Divisions: PGM and Lithium
Pacific North West Capital belongs to the International Metals Group. Here are our other great companies.
- PGM Division: focus on Development of the 100% owned River ValleyPGMProject.Canada’s Largest Undeveloped Primary PGM Resource, with 2.5 Moz PGM, in Measured plus Indicated mineral resources.New Discovery in 2015. Summer Surface Exploration ongoing and a Fall 2016 drill program to follow-up.
- Lithium Canada: formed April 2016, with a focus on Exploration of Hard Rock Lithium, in Manitoba, Canada and Lithium Brine in Nevada.The company uses the Prospector Generator Model.
River Valley PGM Project
Largest Undeveloped Primary PGM Deposit in Canada
River Valley PGM Project is located 100 km east of Sudbury, Ontario
- Sudbury hosts 1 of the Top 4 Nickel, Copper & PGM Mining & Processing Facilities , in the World
- Skilled Workforce, Established Mining Culture; Safe, Stable Pro-Mining Jurisdiction
- Excellent Road Access to River Valley Property; Rail and Power Nearby
- $30M Invested in Exploration, Large High-Confidence Resource, Favourable Metallurgy
- High Grade Drill Hole Discovery March 2015
Mineral Resources – Project has had Five, 43-101 Reports
- May 2012 Measured Resources: 26 Mt @ 1.4 g/t Palladium equivalent at cut-off grade ≥0.8 g/t Palladium equivalent for 0.7 Moz PGM plus Gold.
- May 2012 Indicated Resources: 66 Mt @ 1.4 g/t Palladium equivalent at cut-off grade ≥0.8 g/t Palladium equivalent for 1.7 Moz PGM plus Gold.
- May 2012 Measured + Indicated Resources: 91 Mt @ 1.4 g/t Palladium equivalent at cut-off grade ≥0.8 g/t Palladium equivalent for 2.4 Moz PGM plus Gold
- May 2012 Inferred Resources: 36 Mt @ 1.1 g/t Palladium equivalent at cut-off grade of 0.8 g/t Palladium equivalent for 0.6 Moz PGM plus Gold
- (see www.PFNCapital.com for Details and Notes on the Resource Estimate)
- Mineral Resources covered by Mining Leases (21-year Renewable Term)
- Concentrate Grades: 16% Cu, 189 gpt PGM; Recoveries: 84% Cu, 69% PGM;
- No Deleterious Metals or Minerals
August 2016 PFN Announces Acquisition of the RiverValleyPGM Extension Project from Mustang MineralsCorp.
- Strike Length of PFN’s River Valley Deposit Increased from 12 km to 16 km
- Mustang’s surface grab samples returned Assays of up to 10 g/t PGM
- Drilling Highlights Include:
- 1.4 g/t PGM/9.0m in MR02-59 from 35m downhole
- 4.0 g/t PGM/2.1m in MR02-62 from 153.7m downhole
- 2.2 g/t PGM/4.5m in MR02-64 from 60.5m downhole
- PGM mineralization is Open at Depth and footwall potential remains untested
- T2-like Targets identified from Favourable Geological and Geophysical Surveys
- Targets under evaluation for drill testing
- The Tanco Mine was one of North America’s only
- producers of Tantalum, Cesium and Lithium minerals (Spodumene), with the mine opening in 1969. Owned by the Cabot Corporation as of 1993
- Presently the Tanco Mine produces Cesium Formate, a completion fluid for the petroleum industry.
- At the end of 1992 (last published historic mineral inventory) was 1.075 Mt of 0.12% Ta2O5, 3.5 Mt of 2.7% LiO2 and 315,000 t of 23.3% Cs2O
Clayton Valley Forks Lithium Brine Project, Clayton Valley, Nevada
Silver Peak
12 Month Stock Chart
Explor Closes a First Tranche of a Maximum of $2 Million Private Placement in Flow-Through Shares $EXS.ca
Posted by
at 4:31 PM on Friday, November 4th, 2016
- Â Announces the closing of a first tranche of a non-brokered private placement of 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
- First tranche of the Private Placement closed today consists in the sale of 14,117,529 shares for an aggregate subscription of $1,199,990.
ROUYN-NORANDA, QUEBEC–(Nov. 4, 2016) – Explor Resources Inc. (TSX VENTURE:EXS)(OTCQX:EXSFF)(FRANKFURT:E1H1)(BERLIN:E1H1) (“Explor” or the “Corporation“) announces the closing of a first tranche of a non-brokered private placement of 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 first tranche of the Private Placement closed today consists in the sale of 14,117,529 shares for an aggregate subscription of $1,199,990.
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 and Ontario.
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 first closing of the Private Placement are subject to a hold period of four months and a day ending March 5, 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]
Marijuana Could Be The Big Winner On November 8th $MCOA.us
Posted by
at 12:33 PM on Thursday, November 3rd, 2016
-
Pot on the ballot in nine states, the big winner in next Tuesday’s election could be America’s legal cannabis industry.
-
By 2020, legal market sales are expected to surpass $22 billion.
-
For states struggling with budget shortfalls, that extra revenue would be clearly welcome.
HPQ Achieves Major Milestone With PureVap QRR By Using Significantly Sub-Standard Feed Material To Produce High Purity Silicon Metal (99.9%+) $HPQ.ca
Posted by
at 8:13 AM on Wednesday, November 2nd, 2016
- Capable of using SiO2 feed material that does not even meet the minimal industry specification to make Ferrosilicon2 and produce Silicon Metal (Si) of greater purity than what can be achieved by traditional processes used to make Metallurgical Grade Silicon Metal (98.5% to 99.5% Si)3 today
- “Being capable of using low purity feedstock and achieving these results represents another major milestone reached on our road to transform HPQ Silicon Quartz (SiO2) into high Purity Silicon Metal (Si),” said P. Peter Pascali, President and CEO of PyroGenesis,
MONTREAL, QUEBEC–(Nov. 2, 2016) – HPQ Silicon Resources Inc (“HPQ”) (TSX VENTURE:HPQ)(FRANKFURT:UGE)(OTC PINK:URAGD) is pleased to inform its shareholders that it has received from PyroGenesis Canada Inc (“PyroGenesis”) a stage report1 pertaining to Silicon Metal recently produced by the PUREVAPâ„¢ QRR.
The analysis demonstrates that the PUREVAPâ„¢ QRR is capable of using SiO2 feed material that does not even meet the minimal industry specification to make Ferrosilicon2 and produce Silicon Metal (Si) of greater purity than what can be achieved by traditional processes used to make Metallurgical Grade Silicon Metal (98.5% to 99.5% Si)3 today.
“To say that we are excited with reaching this major milestone so early in the testing process is an understatement. We have always believed that we would eventually attain this critical goal, but reaching it now, using the first generation setup of the lab-scale PUREVAPâ„¢ QRR has again exceeded our expectations. This further validates our belief that a one step direct transformation of Quartz into High Purity Silicon Metal will be a disruptive process that could eventually impact the entire Silicon Metal industry,” said Bernard Tourillon, Chairman and CEO of HPQ Silicon.
“Being capable of using low purity feedstock and achieving these results represents another major milestone reached on our road to transform HPQ Silicon Quartz (SiO2) into high Purity Silicon Metal (Si),” said P. Peter Pascali, President and CEO of PyroGenesis, “and each one of the milestones reached increases the probability that the PUREVAPâ„¢ QRR One Step process will eventually become the Gold Standard process for the production of High Purity Silicon Metal.”
TEST KEY PARAMETERS
PyroGenesis’ process characterization program4 was started to fulfill the following key objectives: 1) studying the PUREVAPâ„¢ process thoroughly; 2) collect data for the design of the pilot scale unit; and 3) implement the pathway to higher purity, up to Solar Grade Silicon Metal “SGSi”.
Since it is typically easier to measure and discriminate differences in impurity levels at high concentration than at trace levels, it was decided that the best technical procedure was to use sub-standard grade quartz2 with relatively high levels of impurities to conduct the first portion of the process characterization tests.
| 1 | PyroGenesis Technical Memo: “TM-2016-762, – PureVap Process Characterization -Update on the SEM-EDS-WDS analyses conducted at the CM2”. |
| 2 | http://www.sidex.ca/wp-content/uploads/2015/02/Exploring-for-Silica-in-Quebec.pdf |
| 3 | http://pyrometallurgy.co.za/Pyro2011/Papers/083-Xakalashe.pdf |
| 4 | HPQ Silicon PR Dated September 1, 2016 |
As a result, during this phase of testing, lower purity quartz was used as feedstock compared to the approximately 99.99 SiO25 material used during phase 1 test, in order to obtain better resolution on impurity removal happening in the PUREVAPâ„¢ QRR process.
Table 1- General specifications for different uses of silica and Quartz data from Lot #a16-07056
| Min. SiO2 | Max. Al2O3 | Max. Fe2O3 | Max. TiO2 | |
| (wt%) | (wt%) | (wt%) | (wt%) | |
| Silicon: | ||||
| – Metal | 99.5 | 0.2 | 0.1 | 0.006 |
| – Chemical | 99.8 | 0.1 | 0.05 | 0.005 |
| Ferrosilicon | 98.7 | 0.6 | 0.3 | 0.05 |
| http://www.sidex.ca/wp-content/uploads/2015/02/Exploring-for-Silica-in-Quebec.pdf | ||||
| Quartz lot #A16-07056 | SiO2 | Al2O3 | Fe2O3 | TiO2 |
| Martinville | 97.57 | 0.51 | 0.34 | 0.018 |
| Actlabs, located in Ancaster, Ontario, ICP-AES analysis |
The feedstock for the experiment was a 5:1 (weight basis) mixture of Quartz lot #A16-07056 from Martinville and activated carbon #5566 provided by Asbury Carbon. Impurity levels in the resulting mixture were relatively high, with Al, Ca and Fe around 2,000 ppm, especially considering that Fe is an element that is hard to remove.
Table 2 – Impurity levels for the Quartz, the Carbon and the resulting Mixture
| Material | Quartz | Carbon | Mixture |
| #ID | A16-07056 | 5566 | 5:1 m/m |
| Units | (ppm) | (ppm) | (ppm) |
| Al | 2699 | 337 | 2305 |
| Ca | 1858 | 2848 | 2023 |
| Fe | 2378 | 39 | 1988 |
| Mg | 965 | 131 | 826 |
| Mn | 124 | 2 | 104 |
| Na | 297 | 184 | 278 |
| K | 249 | 229 | 246 |
| Ti | 108 | 2 | 90 |
| P | 44 | 215 | 72 |
| S | 100 | 204 | 117 |
| W | 1 | 0 | 1 |
| B | 4 | 3 | 4 |
| 5 | March 3, 2016 Press Release |
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 obtained using a weighted average of the ones of the reagents in respect to their mass ratio (5:1).
RESULTS
Given this approach, the silicon metal produced in the second phase of testing was not expected the reach the 98.5% Si standard purity level for Metallurgical Grade Silicon Metal (MG Si), as it is generally accepted that when making Silicon Metal using traditional process, feedstock purity is crucial as it has a direct effect on the final product purity.
However, this is definitely not the case with the PUREVAPâ„¢ QRR process, as overall impurity removal efficiency of 92 % on average was reached and Si with a mean purity of 99.936 %6 was produced.
As shown in Table 3 the comparison in impurity contents between the feedstock mixture and the silicon metal product were tabulated. Really notable are the results for Fe and Ti, which are impurities that are challenging to eliminate using traditional methods.
Table 3 – Comparison of the impurity levels in the feedstock versus in the Silicon product
| Material | Feedstock | Silicon | Diff | |
| Mixture | product | |||
| Units | (ppm) | (ppm) | (%) | |
| Al | 2305 | 70 | -97 | % |
| Ca | 2023 | 10 | -100 | % |
| Fe | 1988 | 210 | -89 | % |
| Mg | 826 | 30 | -96 | % |
| Mn | 104 | 70 | -32 | % |
| Na | 278 | 0 | -100 | % |
| K | 246 | 50 | -80 | % |
| Ti | 90 | 30 | -67 | % |
| P | 72 | 40 | -45 | % |
| S | 117 | 10 | -91 | % |
| W | 1 | 120 | 14300 | % |
| B | 4 | 0 | -100 | % |
| Total | 8054 | 640 | 92 | % |
All the impurities were massively removed except for tungsten. Also it is noteworthy that the contents of Boron (B), and Phosphorus (P) were greatly reduced in this round of testing. As previously reported, these are important elements that negatively impact on silicon metal.
| 6 | Analyzed using Wavelength-Dispersive Spectroscopy (WDS), which can provide quantitative analyses of precise spots with a detection threshold of approximately 10 ppm (weight basis). Detection limit of the process implies that 0 reading is fact a < 10 ppm |
“We are extremely pleased with the progress to date,” said Pierre Carabin, CTO of PyroGenesis. “Particularly, when one considers today’s results in light of our press release dated September 29, 2016, wherein we announced, amongst other things, that the PUREVAPâ„¢ process can remove one of the toughest impurities on the road to solar grade silicon, namely boron, from the final material produced. It seems that we are truly on to something unique.”
As shown in Table 4, from the 5 different locations analyzed on the sample, all of them were of a purity of 3N+ (99.9+ %) with a mean purity of 99.936 %4. The main contaminants were iron (Fe) and tungsten (W) with 0.021 % and 0.012 % respectively in average.
Interestingly, the concentrations were below the detection limits for 2 locations out of 5 for iron and 3 out 5 for the tungsten. It has been observed that Tungsten was measured in relatively high concentration in two locations out of five. It is too early to say if this is due to concentration during the process or if it is due to a contamination. These two avenues will be further investigated shortly.
Table 4- Elementary concentration in % of the sample at 5 locations4
| Location 1 | Location 2 | Location 3 | Location 4 | Location 5 | Average | |
| Elements | ||||||
| (%) | (%) | (%) | (%) | (%) | (%) | |
| W | 0.039 | 0.000 | 0.022 | 0.000 | 0.000 | 0.012 |
| Fe | 0.000 | 0.020 | 0.000 | 0.044 | 0.043 | 0.021 |
| Mn | 0.000 | 0.009 | 0.010 | 0.014 | 0.000 | 0.007 |
| Ti | 0.003 | 0.000 | 0.000 | 0.004 | 0.007 | 0.003 |
| Ca | 0.000 | 0.002 | 0.001 | 0.002 | 0.000 | 0.001 |
| K | 0.005 | 0.004 | 0.006 | 0.003 | 0.009 | 0.005 |
| S | 0.004 | 0.000 | 0.000 | 0.000 | 0.000 | 0.001 |
| P | 0.001 | 0.000 | 0.004 | 0.011 | 0.002 | 0.004 |
| Si | 99.931 | 99.955 | 99.953 | 99.906 | 99.936 | 99.936 |
| Al | 0.013 | 0.006 | 0.004 | 0.010 | 0.002 | 0.007 |
| Mg | 0.004 | 0.004 | 0.000 | 0.005 | 0.001 | 0.003 |
| Na | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 |
| C | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 |
| B | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 |
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, during phase 2, not only is silicon produced at the surface of the electrode, but is also produced in bulk at the bottom of the crucible. The current analyses were conducted on the bulk produced at the bottom of the crucible.
The lab testing is still ongoing and the project is still on schedule for a mid-January 2017 completion. By the end of the Process Characterization phase, PyroGenesis expect 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) that can generate high yield returns and significant free cash flow within a 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.
HPQ Silicon Resources Inc.
Bernard J. Tourillon
Chairman and CEO
(514) 907-1011
HPQ Silicon Resources Inc.
Patrick Levasseur
President and COO
(514) 262-9239
www.HPQSilicon.com
Weekend Feature: Namaste (N:CSE) Vaporizer Co With Proforma 12 Month Trailing Revenues of $10M $N.ca
Posted by
at 5:40 PM on Friday, October 28th, 2016
- World’s Largest E-Commerce B2C Vaporizer Company
- Proforma 12 month trailing revenues $10M as Of August 31
- AUG 31 2017 expected $15.7 million / AUG 31 2018 $24.9 million
- EBITDA positive by Dec 31 2016
- Thanks to organic growth, acquisitions and joint ventures we will be discussing
- Owns 26 e-commerce stores in 20 countries
- Distribution centers in North America, South America, Europe and Asia Pacific
- Aggressively expanding into manufacturing and wholesaling
- International ecommerce distribution
- Proprietary vaporizer products
- Targeting organic growth at 100% per year
- Sourcing accretive M & A transactions
- Unaudited 12 month trailing revenues were approximately C$3.2 million for the period ended August 31, 2016
- Gross profit margin of 53%
- In business since 2000
- Combined proforma unaudited 12 month trailing revenues of approximately C$10 million for the period ended August 31, 2016
- Total monthly site traffic of over 550,000 visitors
- Entered into two new strategic partnerships to expand its market presence as the leading e-commerce company focused on vaporizers and accessories
- Partnerships are with well-known online reviewer Sneaky Pete (SPV Enterprises LLC) and VaporTownUSA.com
- Partnerships are anticpated to enhance the overall revenue of Namaste through online video reviews, high quality links to the Namaste sites and expansion of sales channels internationally
Regulation
- Decriminalization and destigmatization of marijuana for medical and recreational use in US, Canada and Europe
- Vaporizers have lower regulatory burden than growers
Health Advantages
Technical Advances
- Improved mobility from reduced size of vaporizers
- Ability to handle liquids, resins and plant matters
- Conduction, convection, induction technologies
- Mobile connectivity
- Increasingly becoming part of the internet of things
American Creek Reports on Treaty Creek JV Drill Results – 338m of 0.70 g/t gold $AMK.ca
Posted by
at 9:06 AM on Friday, October 28th, 2016
- Hole CB-16-03 returned 0.526 g/t gold over 629.7 meters
- Significantly, included within this wide 629.7 meter interval is 338 meters of 0.70 g/t gold
- Also included 54 meters (from 88 to 142 meters) of 1.117 g/t gold and 122 meters (from 304 to 426 meters) of 0.965 g/t gold
American Creek Reports on Treaty Creek JV Drill Results — Wide Intersections of Gold Mineralization in CB-16-03
CARDSTON, ALBERTA–(Oct. 28, 2016) – American Creek Resources Ltd. (TSX VENTURE:AMK) (“American Creek”) is pleased to report that Tudor Gold Corp. (“Tudor”) has released the assays for the remainder of hole CB-16-03, a newly discovered gold zone at the Treaty Creek JV Project located in BC’s “Golden Triangle” immediately north of Seabridge Gold’s KSM project and in the same region as Pretivm’s Brucejack project.
Hole CB-16-03 returned 0.526 g/t gold over 629.7 meters. Significantly, included within this wide 629.7 meter interval is 338 meters of 0.70 g/t gold (from 88 meters to 426 meters) which included 54 meters (from 88 to 142 meters) of 1.117 g/t gold and 122 meters (from 304 to 426 meters) of 0.965 g/t gold. The drill hole terminated at 717.7 meters in mineralization with the final 13.7 meters averaging 0.315 g/t Au.
The 338 meter intersection of near surface 0.70 g/t gold in hole CB-16-03 represents the best mineralized intersection discovered to date at Treaty Creek. The hole is located approximately 870 meters northeast of drill hole CB-09-14, which returned 241 meters averaging 0.80 g/t gold.
Walter Storm, CEO and President of Tudor Gold stated: “The complete results from CB-16-03 confirm our belief that Treaty Creek holds the potential to host significant gold mineralization and validates our exploration model. To date, we have successfully hit gold mineralization down to 717 meters downhole and have encountered nearer to surface gold mineralization like the 1.12 grams gold per tonne over 54 meters starting at 88 meters downhole, which opens up the targeted area.”
Drill Hole CB-16-03 was drilled at an azimuth of 292º with an inclination of -73º and was collared approximately 550 meters northeast of the nearest of the Copper Belle zone drill holes CB-09-11 which carried 229m of 0.52 g/t gold from 40m to 270 m, CB-09-10 which carried 212m of 0.47 g/t gold from 119m to 331 m and CB-09-06 which carried 65.3m of 0.84 g/t gold. The new gold intercept encountered in CB-16-03 may represent a new mineralized zone or could possibly be an extension of the previously known Copper Belle Zone. Further work will be required in order to investigate the continuity between these areas. The casing has been left in place so the hole may be re-entered and extended if desired. All intervals are down hole widths as there is not enough information to calculate true widths of the mineralization encountered in any of the holes.
Hole CB-16-03 was drilled to test a geophysical anomaly identified on a preliminary Magnetotelluric (MT) profile along Seabridge Gold’s proposed tunnel route and further defined based on a survey carried out by Simcoe Geoscience Ltd. earlier in the season. Tudor awaits the final results of the MT survey.
Tudor previously released partial assay results from hole CB-16-03 (316 to 717.7 meters downhole), along with complete assays for drill holes CB-16-01 and CB-16-02 in Tudor’s news release dated October 11, 2016. In total, eight holes were drilled on the property for a total of 3,765 meters during the 2016 field season. Assay results are pending for the last five holes.
The Treaty Creek Project is a joint venture between Tudor, American Creek and Teuton Resources Corp. (“Teuton”). Tudor is the operator and holds a 60% interest with both American Creek and Teuton each holding respective 20% fully carried interests in the property (carried until a production notice is given).
James Hutter, P.Geo., is the Qualified Person as defined by National Instrument 43-101 for the 2016 Treaty Creek Project and the results reported by Tudor.
Darren Blaney, American Creek CEO stated: “We are very excited about results from the first three 2016 holes on Treaty Creek. Collectively they’ve extended the known mineralization at Copper Belle, found a new gold zone, and extended gold intervals to depth. The first three holes are all in close proximity to the ‘discovery contact’ discussed in the 2014 Kyba/Nelson BC Geological Survey report, to the Sulphurets thrust fault, and to clastic sequencing (Turbidites) found on Treaty Creek. According to the report, these three things in combination increase the chances of ‘being in the right neighborhood of BC’s next big deposit.’ We believe the results thus far at Treaty Creek are the beginning of that discovery process.”
American Creek is a Canadian mineral exploration company focused on the acquisition, exploration and development of gold and silver properties within the Province of British Columbia, Canada.
In addition to the Treaty Creek project, the Corporation holds interests in the following “Golden Triangle” properties:
Electrum property
The Electrum property is located approximately 45 km north of Stewart between Pretivm’s Brucejack gold deposit located 25 km to the north and the past producing Premier gold mine 20 km to the south. The Electrum shares similar geology to both the Brucejack and the Premier. The project is a JV between operator Tudor (60%) and American Creek (40%).
Tudor recently concluded a diamond drilling and blast trenching program. Initial trenching results reported by Tudor on Sept 12, 2016 included silver grades up to 30,200 g/t within the New Blast vein system. Further results from the drilling and trenching are pending.
Dunwell mine
American Creek recently acquired a property package which included the historic Dunwell mine (see October 3 news release). The Dunwell mine produced 45,657 tonnes averaging 6.63 g/t gold, 223.91 g/t silver, 1.83 per cent lead, 4.01 per cent zinc and 0.056 per cent copper. Recent drilling has shown potential to develop more reserves.
The 850 hectare property is located 8km north of the town of Stewart and intersects paved Highway 37A. It is adjacent to American Creek’s Silvershot property. The principal Dunwell workings are about 2km east of the highway and are accessible by 4×4 vehicle with travel to the remaining portions of the property by foot. Due to the property being located at low elevation, exploration can take place almost year-round.
Information relating to the Corporation is available on its website at www.americancreek.com.
Cautionary statements
Certain statements contained in this press release constitute forward-looking information. These statements relate to future events or future performance. The use of any of the words “could”, “intend”, “expect”, “believe”, “will”, “projected”, “estimated” and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on the Company’s current belief or assumptions as to the outcome and timing of such future events. Actual future results may differ materially.
All statements including, without limitation, statements relating to the potential mineralization and geological merits of the Treaty Creek property and other future plans, objectives or expectations of the Company are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company’s plans or expectations include risks relating to the actual results of current exploration activities, fluctuating gold prices, possibility of equipment breakdowns and delays, exploration cost overruns, availability of capital and financing, general economic, market or business conditions, regulatory changes, timeliness of government or regulatory approvals and other risks detailed herein and from time to time in the filings made by the Company with securities regulators. The Company expressly 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 otherwise required by applicable securities legislation.
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
VGambling Appoints Director $GMBL
Posted by
at 2:12 PM on Thursday, October 27th, 2016
- Recently appointed Mr. David George Atmore Watt, FCCA as a Member of the Board of Directors of the Company
- Mr. Watt, FCCA, age 58, is a Fellow of the Chartered Association of Certified Accountants of the UK. Mr. Watt is a Chartered Certified Accountant and a Member of the Institute of Chartered Accountants of the Eastern Caribbean with more than 25 years of finance, accounting and senior management experience
ST. MARY’S, ANTIGUA–(Oct 27, 2016) – VGambling Inc. (OTCQB: GMBL) (or the “Company”), a next generation online gambling company specifically focused on eSports, has recently appointed Mr. David George Atmore Watt, FCCA as a Member of the Board of Directors of the Company.
“We are honoured to have Mr. Watt join our Board of Directors,” said Grant Johnson, Chairman of VGambling. “We believe that Mr. Watt’s leadership and financial expertise will enable him to contribute significant managerial and strategic oversight skills to the Company.”
Biography of Mr. Watt, Director
Mr. Watt, FCCA, age 58, is a Fellow of the Chartered Association of Certified Accountants of the UK. Mr. Watt is a Chartered Certified Accountant and a Member of the Institute of Chartered Accountants of the Eastern Caribbean with more than 25 years of finance, accounting and senior management experience. Most recently, Mr. Watt was Financial Controller for the Blue Waters Hotel and Caribbean Developments (ANU) Ltd., both in Antigua. Previously, Mr. Watt was a Partner with the accounting firm Derrick & Watt in Antigua. Prior, Mr. Watt was an Accountant with South Bank Glass Co. Ltd, Input Typesetting Limited, and Cable & Wireless Plc all in London, UK. Mr. Watt is a graduate of South Bank Polytechnic in London, UK.
On October 26, 2016, Mr. Chul Woong Lim resigned from his position as a director of the Board of Directors the Company. The resignation was effective immediately.
About VGambling Inc.
VGambling Inc. is a next generation online gambling company specifically focused on eSports. VGambling intends to offer wagering on eSports events on a fully licensed, regulated and secured platform to the global eSports audience, excluding the United States. In addition, VGambling intends to offer users from around the world the ability to participate in multi-player video games tournaments online for cash prizes. VGambling is led by a team of industry and technical experts from the online gambling and video game industries, e-Sports, marketing, legal and financial professionals. The Company maintains offices in St. Mary’s, Antigua and Barbuda. VGambling is currently developing several play money websites and their real money wagering website. VGambling common stock is listed on the OTCQB under the symbol GMBL. For more information, please see www.vgambling.net
Contact:
Grant Johnson
Chief Executive Officer
Tel. +1-905-580-2978
[email protected]
Nevada Energy Metals Reports Significant Lithium Results from Nevada Project $BFF.ca
Posted by
at 9:11 AM on Thursday, October 27th, 2016
- Announced that highly encouraging results have been received from a sampling program designed to test for lithium values in surface soils and/or playa evaporates at the 100% owned San Emidio Desert Project
- 172 samples were collected with Lithium values ranging from 30.3 to a high of 600 ppm (30 mg/L to 600mg/L) with a median value of 215 ppm (215mg/L). Thirty-two samples were above 300 ppm (300mg/L) and 13 were over 400 ppm (400/mg/L)
October 27, 2016 / Vancouver, British Columbia- Nevada Energy Metals Inc. “the Companyâ€, TSX-V: BFF (OTCQB: SSMLF) (Frankfurt: A2AFBV) is pleased to announce that highly encouraging results have been received from a sampling program designed to test for lithium values in surface soils and/or playa evaporates at the 100% owned San Emidio Desert Project.
A total of 172 samples were collected with Lithium values ranging from 30.3 to a high of 600 ppm (30 mg/L to 600mg/L) with a median value of 215 ppm (215mg/L). Thirty-two samples were above 300 ppm (300mg/L) and 13 were over 400 ppm (400/mg/L).
Geochemical sample points were arranged on a grid pattern of seventeen east-west lines spaced 400 meters apart north-south, with stations every 200 meters along the lines. Samples were collected by a contract crew and transported to the ALS sample preparation lab in Elko, Nevada. Samples were screened to -80 mesh at the ALS prep lab in Reno, Nevada and analyzed by Aqua Regia leach mass spectrometry at the ALS laboratory in North Vancouver, B.C. Canada. QA/QC standards were inserted into the sample stream with one in twenty samples being a standard. All standards were within 3% of their accepted values.
About the San Emidio Desert (SED) Lithium Project:
The San Emidio Desert Project consists of 143 placer claims in total, covering about 1156 hectares (4.5 square miles) of playa and alluvial fan in the San Emidio Desert, Nevada, about 98 air-line km north-northeast of Reno, Nevada. The property is adjacent to the 9 MW Empire geothermal power generation facility of U.S. Geothermal Inc. power and a vegetable dehydration plant exploiting the active geothermal system. Gravity survey results indicate the depth of valley fill to be approximately 1,800 meters and that there is subsurface closure of the valley a short distance to the north of the claim block. The basin is fed by anomalous lithium bearing geothermal fluids interpreted to be meteoric waters heated by relatively deep circulation in the earth’s crust.
The San Emidio Desert results are comparable to those obtained at Clayton Valley, Nevada (300 – 1,100 ppm Li). Additional work is required to determine what relationship, if any, exists between Lithium values in brine concentrates and Lithium values found in surface soils and/or playa evaporates.
Importantly, these results show that dissolved lithium has been transported into this portion of the San Emidio Desert and is available for potential concentration by evaporative brines. The exploration model for the San Emidio Desert Project is a Clayton Valley evaporative brine deposit as described in USGS Open File Report 2013-1006.
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Nevada Energy Metals has acquired a 100% interest in the property, free of royalty payments.
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 ownership of 77 claims in Clayton Valley, only 250m from Rockwood Lithium, the only brine based lithium producer in North America (70% optioned-out to American Lithium Corp (TSX-V: Li). Nevada Energy Metals has also acquired, 100 claims (Teels Marsh West) covering 2000 acres (809 hectares) at Teels Marsh, Mineral County, Nevada, a prospective lithium exploration project, 100% owned without any royalties; the San Emidio Desert lithium project, consisting of 155 claims (approximately 3,100 acres/1255 hectares) in Washoe County, Nevada; the Alkali Lake Project in Esmeralda county, is a 60% earn in option agreement from Dajin Resources Corp (TSX-V: DJI), where near surface lithium values have been confirmed; the Dixie Valley Project consisting of 911 claims covering 73.6 square kilometres/28.4 square miles (7,363 hectares/18,194 acres) of salt marsh playa. Of the seven characteristics favourable for the formation of a lithium brine deposit as outlined in the U.S. Geological Survey deposit model, all seven are found in Dixie Valley. The lithium deposit model for Dixie Valley is a Clayton Valley-style brine deposit.
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 Actâ€) and Section 21E of the Securities Exchange Act of 1934 (the “Exchange Actâ€). 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.
Nevada Energy Metals Appoints Alan Morris as Geology Advisor $BFF.ca
Posted by
at 9:06 AM on Wednesday, October 26th, 2016
- Alan Morris, Qualified Person for the Company’s lithium projects in Nevada has been appointed to the Advisory Board of Nevada Energy Metals. He will serve as the company’s Geology Advisor
- Owner of Ruby Mountain GIS, founded in 2003 and specializing in property and project evaluations and acquisitions
- Over 37 years of experience in the minerals industry
October 26, 2016 / Vancouver, British Columbia- Nevada Energy Metals Inc. “the Company”, TSX-V: BFF (OTCQB: SSMLF) (Frankfurt: A2AFBV) is pleased to report that Alan Morris, the Qualified Person for the Company’s lithium projects in Nevada has been appointed to the Advisory Board of Nevada Energy Metals. He will serve as the company’s Geology Advisor.
Mr. Morris is owner of Ruby Mountain GIS, founded in 2003 and specializing in property and project evaluations and acquisitions. He has over 37 years of experience in the minerals industry, exploring for precious and base metals, uranium, lithium and other minerals in a variety of geologic environments, with an emphasis in the western U.S., particularly Nevada, Alaska, and Yukon, Canada. His experience with lithium brine deposits in western Nevada dates from 2010. He has held exploration geologist positions at various companies during his career, including Gulf Mineral Resources Corp., Fischer Watt Mining Company, Barrick Gold Exploration, Placer Dome Corp., Agnico-Eagle Mines Ltd., U.S. Gold Corp. (McEwen Mining), and Kinross Gold Corp. Mr. Morris has supervised numerous generative and drilling projects including planning, budgeting, permitting, contract administration, reclamation, and reporting. Mr. Morris is a Certified Professional Geologist with the American Institute of Professional Geologists (AIPG), a Licensed Geologist in the state of Utah, USA, and a Registered Professional Geologist in the State of Alaska, USA. Mr. Morris is a fellow with the Society of Economic Geologists, a member and past officer of the Geological Society of Nevada, and a member of the Nevada Mineral Exploration Coalition.
CEO Rick Wilson states “Having worked with Alan Morris on our lithium projects, I am confident that his expertise, especially in the area of Nevada and in the field of lithium exploration, will be a great asset to Nevada Energy Metals as the company continues its aggressive project generator model.”
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 ownership of 77 claims in Clayton Valley, only 250m from Rockwood Lithium, the only brine based lithium producer in North America (70% optioned-out to American Lithium Corp (TSX-V: Li). Nevada Energy Metals has also acquired, 100 claims (Teels Marsh West) covering 2000 acres (809 hectares) at Teels Marsh, Mineral County, Nevada, a prospective lithium exploration project, 100% owned without any royalties; the Alkali Lake Project in Esmeralda county, is a 60% earn in option agreement from Dajin Resources Corp (TSX-V: DJI), where near surface lithium values have been confirmed; On July 15, 2016 Nevada Energy Metals has agreed to an Option Agreement where LiCo Energy Metals (TSX-V:LIC) can acquire a 100% interest, subject to a 3% Net Smelter Royalty, in 348 of 911 mineral claims located in Dixie Valley, Churchill County, Nevada. Of the seven characteristics favourable for the formation of a lithium brine deposit as outlined in the U.S. Geological Survey deposit model, all seven are found in Dixie Valley. The lithium deposit model for Dixie Valley is a Clayton Valley-style brine deposit.
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.