Zomato CEO Deepinder Goyal, CEO of BetterU Brad Loiselle & Beautiful Destinations CEO Jeremy Jauncey spoke at the 17th edition of Hindustan Times Leadership Summit. They spoke on changing the way of doing business in India and also highlighted the challenges they face in the country. They also spoke on the role of social media in establishing and running a business in India and narrated the differences between operating a business in India and abroad. Watch the full video for more.
MONTREAL, Dec. 09, 2019 — HPQ Silicon Resources Inc.(“HPQâ€Â - “The Companyâ€) TSX-V: HPQ; FWB: UGE; Other OTC: URAGF; (“HPQâ€) is pleased to update shareholders on the Corporation’s plans for 2020.
KEY 2020 PUREVAP™ DEVELOPMENTS THAT WILL DRIVE HPQ FORWARD
1. Gen 3 PUREVAP™ QRR Pilot Plant operational Q1 2020
PyroGenesis Canada Inc. (TSX-V: PYR) (“PyroGenesisâ€) informed HPQ that the Pilot Plant commissioning and testing program will start in full force Q1 2020.
“As previously discussed, a good part of the past year saw us divert assets from paying projects to non-paying projects. This enabled PyroGenesis to secure the large breakout contract it recently announced as well as the upcoming Navy project, which was also recently announced. As a result, our signed backlog increased from $6MM in Q2 2019 to almost $30MM at the end of Q3 2019. The successful closing of the Navy project will further increase this backlog by an additional $13MM. This increase in backlog de risks the company significantly, all to the benefit of our clients, like HPQ, and their shareholders,†said P. Peter Pascali, President and CEO of PyroGenesis Canada Inc. “We are now in position to re-focus, and accelerate, the PUREVAP initiative focus on the multitude of opportunities that have come to light since defining our original mandate. As a result, we are confident that HPQ is going to make some significant headway over the coming months, the least of which will be to start the Gen3 PUREVAPTM Plant commissioning and testing program.
“HPQ congratulates our partner P. Peter Pascali and his PyroGenesis team on their $20 million contract award, which once again proves their ability to commercialize high tech applications on a global scale,†said Bernard Tourillon, President & CEO of HPQ Silicon. “With the PUREVAPTM Pilot Plant becoming operational in Q1 2020, we now have even greater confidence in our joint ability to deliver the critical Silicon material required by the surging Li-ion battery market in 2020 and beyond.â€
The PUREVAP™ QRR technology is a unique carbothermic process that will allow HPQ to have a significant impact, short and long term, on the following Silicon (Si) markets and industries:
2. Nanoscale Structure Silicon Powders manufacturing for Li-ion batteries
HPQ and PyroGenesis recently announced plans regarding the creation of a Joint Venture to produce Nanoscale Structure Silicon (Si) powders for Li-ion batteries. In Q1 2020, the plan is to have a modified Gen2 PUREVAPTM reactor operational, in parallel with the Pilot Plant, validating that our approach works and producing Nanoscale Structure Silicon (Si) powders samples for industry participants and research institutions.
Nanoscale Structure Silicon Powders improve Li-ion battery performance but high-performance Silicon (Si) anodes made using powders selling for US$ 30,000/kg1 are not commercially feasible. Combining HPQ PUREVAP™ Quartz Reduction Reactor (“QRR”) technology with PyroGenesis Plasma Atomization knowhow to produce Nanoscale Structure Silicon (Si) powders represents a unique multibillion-dollar business opportunity that could subsequently lead to their wide scale adoption in the battery market. If this occurs, HPQ and PyroGenesis would then be well positioned to assume a dominant market position.
Silicon’s potential to meet energy storage demand is undeniable and generating massive investments, as well as, serious industry interest, so HPQ and PyroGenesis timing could not be better. A recent report by Wood Mackenzie Power projects that energy storage deployments are estimated to grow 1,300% from a 12 Gigawatt-hour market in 2018 to a 158 Gigawatt-hour market in 2024. An estimated US$71 billion in investments will be made into storage systems where batteries will make up the lion’s share of capital deployment.
3. Porous Silicon wafers for solid state Li-ion Batteries
During Q3 2019, HPQ started discussions with a battery manufacturer regarding using Silicon produced by our Gen3 PUREVAPTM QRR pilot plant to manufacture porous silicon wafers needed for their operations. Furthermore, HPQ negotiated with Apollon Solar an amended agreement that broadens the scope of the 2017 collaboration to include, going forward, evaluating manufacturing porous Silicon wafers for solid-state Li-Ion batteries combining their patented process with Silicon (Si) produced with HPQ PUREVAPTM QRR.
In November 2019, HPQ and its partner Apollon Solar SAS, acting as one party, signed a non-disclosure agreement (“NDAâ€) with the battery manufacturer for the purposes of exchanging technical information and sending testing materials. We are still at the beginning of the process of exchanging technical information and yet we are already looking into the possibility of supplying the battery manufacturer with the first Silicon wafer for testing by year end or beginning of 2020.
The probabilities that the discussions started under NDA will evolve during Q1 2020 to a more formal process are very encouraging.
4. High Purity Silicon Oxide (SiOx) Nanopowders for Li-ion Batteries
In addition to its wafer work, HPQ intends to study, during H1 2020, the possibility of utilizing Apollon Solar patented process to optimize the porous structure of HPQ PUREVAPTM Silicon between Microporous (pore size <5nm), Mesoporous (pore size 5nm – 50nm) and Macroporous (pore size >50nm) in order to evaluate the potential of producing, low cost, High Purity SiOx Nanopowders.
The infancy of Si anode technology base on Nanoscale Structure Silicon Powders explains why presently only limited performance improvement are obtained using High Purity Silicon Oxide (SiOx) Nanopowders, selling for about US$ 100/kg2, used in a blended form with graphite in traditional Li-ion batteries. The quantity used is typically less than 5 wt% of the material used to make the batteries, yet even at these levels of utilization, this is estimated to represent an addressable market of US $ 1B by 20223 expanding at a CAGR of 38.9% between 2019 – 2024.
5. Standard purity Silicon (“Siâ€) (up to 2N Purity)
Up to now, market participants with significant quartz assets have shown a keen interest in our process. As such, HPQ anticipates silicon industry participants will show a keen interest in PUREVAPTM once the Pilot Plant is operational and validates our unique operational advantages.
The addressable market for Mg Si is in the multi-billion range with demand projected to increase by a CAGR of 19% over the next 5 years (US$ 7.5B in 2018 to US$ 12B in 2023)4. The bulk of the growth is expected to come from the 2N segment of the market, where the PUREVAP™ QRR process should have massive opex and capex advantage over traditional manufacturers.
6. Solar Grade Silicon using a PUREVAPTM UMG metallurgical process
The market for Solar Grade Silicon is massive and evolving at such an accelerated pace that some of our original product development hypothesis are not as relevant as before. Having said this, working with Apollon Solar, we strongly believe that if the PUREVAP™ QRR can produce, as we believe it can, Si material of 4N+ purity with low boron count (< 1 ppm), we can develop a very competitive UMG Metallurgical route to produce Solar Grade Silicon.
OTHER CORPORATE NEWS
1. ANNUAL MINIMUM ROYALTIES PAYMENT DUES TO PYROGENESIS
Under the terms of our Agreement with PyroGenesis, HPQ was obliged to pay minimum royalty payment obligations of $150,000 for 2018 and $200,000 for 2019. Due to delays in the project beyond HPQ’s control, PyroGenesis has agreed to wave HPQ minimum royalty payment obligations for 2018 and 2019. This represents a Q4 2019 reduction in HPQ current liabilities of $350,000. Minimum royalties’ obligations will resume with the scheduled 2020 payment to PyroGenesis.
2. WARRANTS EXTENSION
HPQ Board of Directors has authorized the application to the TSX Venture Exchange (the “Exchangeâ€) for approval of the extension, until January 31, 2022, of the exercise date of 4,152,000 outstanding common share purchase warrants (the “Warrantsâ€) issued by the Company July 17, 2018. The 4,152,000 Warrants are set to expire on January 17, 2020 and have an exercise price of $0.155. As of today, none of these purchase warrants has been exercised. All other terms and conditions of the Warrants will remain the same. The proposed extension is conditional upon the receipt of the approval of the Exchange.
3. DEBT FOR SHARES
In accordance with the agreement between HPQ-Silicon and Agoracom, entered into on July 15, 2018 for the term ending July 15, 2020, HPQ-Silicon board has approved the issuance of 156,944 common shares at a deemed price of 9 cents per share to pay $14,125 for services rendered during the period from January 16, 2019 ending April 15, 2019, HPQ board has also approved the issuance of 156,944 common shares at a deemed price of 9 cents per share to pay $14,125 for services rendered during the period from April 16, 2019 ending July 15, 2019, and HPQ board has also approved the issuance of 166,176 common shares at a deemed price of 8.5 cents per share to pay $14,125 for services rendered during the period from July 16, 2019 ending October 15, 2019. Each share issued pursuant to the debt settlement will have a mandatory four (4) month and one (1) day holding period from the date of closing.
About Silicon
Silicon (Si) is one of today’s strategic materials needed to fulfil the renewable energy revolution presently under way. Silicon does not exist in its pure state; it must be extracted from quartz, one of the most abundant minerals of the earth’s crust and other expensive raw materials in a carbothermic process.
About HPQ Silicon
HPQ Silicon Resources Inc. is a TSX-V listed company developing, in collaboration with industry leader PyroGenesis (TSX-V: PYR) the innovative PUREVAPTM “Quartz Reduction Reactors†(QRR), a truly 2.0 Carbothermic process (patent pending), which will permit the transformation and purification of quartz (SiO2) into Metallurgical Grade Silicon (Mg-Si) at prices that will propagate its significant renewable energy potential.
HPQ is also working with industry leader Apollon Solar to develop: Porous silicon wafers manufacturing using PUREVAP™ Silicon (PVAP Si) that can be used as anode for all-solid-state and Li-ion batteries; and a metallurgical pathway of producing Solar Grade Silicon Metal (SoG Si) that will take full advantage of the PUREVAPTM QRR one-step production of high purity silicon (Si) and significantly reduce the Capex and Opex associated with the transformation of quartz (SiO2) into SoG-Si.
HPQ focus is becoming the lowest cost producer of Silicon (Si), High Purity Silicon (Si), Porous Silicon Wafers and Solar Grade Silicon Metal (SoG-Si). The pilot plant equipment that will validate the commercial potential of the process is on schedule to start in 2019.
This News Release is available on the company’s CEO Verified Discussion Forum, a moderated social media platform that enables civilized discussion and Q&A between Management and Shareholders.
Disclaimers:
The Corporation’s interest in developing the PUREVAP™ QRR and any projected capital or operating cost savings associated with its development should not be construed as being related to the establishing the economic viability or technical feasibility of the Company’s Roncevaux Quartz Project, Matapedia Area, in the Gaspe Region, Province of Quebec.
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 security’s 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.
For further information contact
Bernard J. Tourillon, Chairman, President and CEO Tel (514) 907-1011
Patrick Levasseur, Vice-President and COO Tel: (514) 262-9239
http://www.hpqsilicon.com Email: [email protected]
1 Source: Quotation from a producer (Confidential), Media article
2 Advanced Battery Materials, Chapter 5: Practically Relevant Research on Silicon-Based Lithium-Ion Battery Anodes (page 271)
3 Source Marketandmakerts.com
4 CRU – Silicon Market Outlook – November 14, 2018 (Pages 20 – 23)
Until now, investor participation in Artificial Intelligence has been the domain of mega companies and those funded by Silicon Valley. Small cap investors can finally consider participating in the great future of A.I. through Datametrex AI (DM: TSXV) (Soon To Be Nexaology) who just reported the following:
When a small cap A.I. company is successfully deploying at the highest levels of global commerce and military, it is a strong sign of the Company’s capabilities that behooves investors to look deeper.Â
That deep dive can begin with our joint interview of Datametrex CEO, Marshall Gunter and President, Jeff Stevens in which we look not only into the past recent success but also into what the future holds in terms of both growth and competition.
Watch this interview on one of your favourite screens or hit play and listen to the audio as you drive. Â
SPONSOR: Labrador Gold – Two successful gold explorers lead the way in the Labrador gold rush targeting the under-explored gold potential of the province. Exploration has already outlined district scale gold on two projects, including over a 40km strike length of the Florence Lake greenstone belt, one of two greenstone belts covered by the Hopedale Project. Click Here for More Info
Slovakia’s former prime minister called on the country’s parliament to repatriate its gold from the U.K., stating that Britain can’t be trusted with the yellow metal.
“You can hardly trust even the closest allies after the Munich Agreement,†former Slovak prime minister Robert Fico told reporters last week. “I guarantee that if something happens, we won’t see a single gram of this gold. Let’s do it as quickly as possible.â€
In his comment, Fico was referring to a 1938 pact reached by France, the U.K., Italy and Germany, which permitted Adolf Hitler to annex a part of Czechoslovakia.
Fico, who is the leader of the country’s biggest party the socially-conservative Smer. Fico wants to hold a special parliamentary session on the issue, citing uncertainties around Brexit and global economic slowdown.
Slovakia’s gold reserves consist of 31.7 metric tons of gold that are now worth around $1.4 billion, according to Slovakia’s central bank spokesman Peter Majer.
A week after Fico’s gold repatriation comments, the former PM was charged with racism after he agreed with a racist comment made by a far-right former lawmaker, who lost his seat in parliament earlier this year, local police said on Thursday.
“Milan Mazurek said what almost the whole nation thinks and if you execute someone for truth, you make him a national hero,†Fico said in the message published on his official Facebook page in September.
Slovakia’s talk of gold repatriation comes at the same time as Poland chose to bring home 100 tons of its gold from the Bank of England’s storage in London.
“The gold symbolizes the strength of the country,†Poland’s central bank Governor Adam Glapinski told reporters as he announced the move last week.
Poland’s precious metals will now be stored in the central bank’s treasury, National Bank of Poland (NBP) noted.
Sponsor: Loncor is a Canadian gold exploration company focused on two projects in the DRC – the Ngayu and North Kivu projects. Both projects have historic gold production. Exploration at the Ngayu project is currently being undertaken by Loncor’s joint venture partner Barrick Gold. The Ngayu project is 200km southwest of the Kibali gold mine, operated by Barrick, which produced 800,000 ounces of gold in 2018. Barrick manages and funds exploration at the Ngayu project until the completion of a pre-feasibility study on any gold discovery meeting the investment criteria of Barrick. Click Here for More Info
We expected Gold to rally above $1750 before the end of this year, but the global trade wars and news cycles stalled the rally in Gold over the past 2 months. Now, it appears Gold is poised for another rally pushing much higher.
But wait, if you’re thinking I’m just another one of those traders who is always bullish on gold, just know I have been telling the truth about where gold was headed (lower) for years, but finally, the tide has changed!
Gold broke down from a bull market in 2012/2013 – nearly 7 years ago. Now, Gold has broken resistance near $1375 and is technically in a full-fledged Bull Market. The importance of this is the 7-year cycle and how the rotation in Gold, between the high near $1923 and the low near $1045 represent an $878 price range. The upside (expansion) rally in Gold may very well move in expanding Fibonacci price structures – just like it did in 2005 through 2012. If this is the case, then we may expect to see an ultimate peak price in Gold well above $3500.
The rally that started in the last 2015 and ended in July 2016 totaled +$331.1 (+31.67%). The next price rally that started in August 2018 and ended in September 2019 totaled +$399.4 (+34.22%). If we take the current rally range (399.4) and divide it by the previous rally range (331.1), we end up with an expansion range of 121%. The two unique rallies that happened just before the 2009 parabolic rally in Gold represented (+315.8: 2006) and (394.8: 2008). The ratio of these two rallies is 125%. Could Gold have already set up for another parabolic rally well beyond the $1923 target level?
Our research team believes Gold has already entered a technically valid Bullish Market trend. We believe Gold miners will follow higher as Gold begins this next move higher. The reason we have not engaged in Miners, yet, is because we have not received any technically valid signals related to the Gold miners indicating they have also entered a new Bullish Market trend.
Gold is the safe-haven for the global market. It is a store of value and offers price appreciation when the global market risks are excessive. Because of this, the sentiment across the global markets appears to be weakening in regards to forward expectations and valuation appreciation within the investment/asset classes. If Gold continues to rally higher, consider it a strong indicator that the foundation of the global market valuation levels is weakening considerably.
Should the US Dollar retrace lower, Gold will see a price increase based on the renewed weakness of the US Dollar. This would also assist in re-balancing global trade and economic issues with the US Dollar moving moderately lower as weakening global markets contract.
Miners are set up much like Gold was in early 2018. Resistance has been set up with multiple price tops and any momentum rally above this level would technically qualify as a new Bullish Market trend for miners.
At this point, we believe the bottom in miners has already formed and we are simply waiting for the qualifying technical confirmation of the bullish trend to begin. Jumping into this trade too early could result in unwanted risks as the price could still waffle around within the Stage 1 Base range.
If you want to learn more about market stage analysis I will be covering it a new article shortly. Once you grasp the basic concept you will see these stages on every chart no matter the time frame and know when to focus on trading and when to ignore the charts.
The recent weakness in the US and global markets has prompted a moderately solid upside move in Gold and Silver over the past few days. We still need to see a Gold move above recent resistance to qualify as a new upside rally though. Miners are set up for a breakout technical move which we must also wait for. We believe these two may move somewhat in unison if the global markets continue to contract throughout the end of 2019 and into 2020.
Source :
Chris Vermeulen
Found of Technical Traders Ltd.
www.TheTechnicalTraders.comUnfollowRecommend
Montreal – December 5, 2019 – St-Georges Eco-Mining Corp. (CNSX:SX.CN) (OTC:SXOOF) (FSE:85G1) is pleased to announce that its subsidiary, ZeU Crypto Networks Inc., has filed a new provisional patent entitled “Method and System for Converting Database Applications into Blockchain Applications.” The new IP provides a convenient method for combining traditional applications with blockchain technology.
This method does not require any modifications to existing applications. On the database layer, we directly ensure data in the database maintains synchronization with the data in the blockchain. Traditional enterprise applications are database-based applications, and all business services are built upon relational or non-relational databases. A common problem in the process of migrating from enterprise applications to blockchain applications is that the overall structure of blockchain is very different from traditional enterprise applications. Enterprise applications must be significantly modified or even rewritten to fit the structure of blockchain’s logic.
This patent provides a method and system for converting database-based applications into blockchain-based applications; multiple applications on different nodes can automatically perform global data consensus to prevent data conflicts. The basic method is to monitor the database written by applications, extract data operations from transaction logs, convert the data operations to a general format, and activate the smart contract on the blockchain to complete the data consensus check at multiple nodes. Each node monitors the blocks on blockchain and synchronizes the data back to the database. In the case of conflicting or illegal data, the data is not able to pass consensus and synchronize with the other nodes in the blockchain. The local nodes automatically roll back when detecting invalid data.
Example 1: Electrical Certificate
In this case, when a record is generated locally, and it needs to be retrieved later for confirmation, such as legal documents, bank orders, etc. Traditionally a centralized database has been used to store the data and validate the conflicts. With the method in this patent, traditional database-based apps could be easily converted to a blockchain-based decentralized system and expanded to multiple organizations.
In a traditional environment, all apps must be based on the same database to store and verify the data. With the method in this patent, there is no need to modify the app code, insert the BC-DB adapter layer between the database and the blockchain in each node, and then select the fields in the database to automatically synchronize to all other databases through the blockchain. If there is a data conflict, the adapter resolves it. All the changes from DB1 and DB3 are synchronized to DB2, and APP 2 could query all confirmed data.
Example 2: Supply Chain
For supply chain scenarios, there may be different participants, like part suppliers, manufacturers, logistic companies, retailers, banks, etc. Product info data needs to be shared between different organizations. Suppliers write records for parts supplied to the manufacturer. Manufacturers write product information and which parts were used for which product. Logistic companies write details regarding product transportation. Retailers write product sales information. The bank needs all the aforementioned information to issue loans.
By adding an adapter beside each database, the databases on different nodes could be synchronized and achieve impressive results. The supply company knows the inventory of the manufacturer. It thus could prepare parts in advance, thereby shortening the lead-time. The logistic company could get the product data even if it is still at the manufacturer, and can arrange vehicles in advance. The manufacturer receives the retail data to help plan the manufacturing cycle to better suit market needs. The bank could receive all the data from the different nodes to detect potential fraud and issue loans to participants.
St-Georges Eco-Mining Other Corporate Matters
Amended listing statement for ZeU
St-Georges subsidiary, ZeU Crypto Networks Inc, has filed today an amended listing statement with the Canadian Securities Exchange that takes into account the recent changes in short-term debt ratios that were previously holding the process. Management will keep its shareholders informed on the progress when material information becomes available.
Missing & Incorrect Information from Latest Press Release
St-Georges would like to correct a mistake include in the December 1, 2019 Press Release “Closing of First Tranche of Financing.” Some versions of the press release were disseminated with the wrong amount being raised. The total amount raised is $500,100, while the erroneous release mentioned $501,100. Additionally, one insider subscribing in the private placement was omitted from the list. Enrico Di Cesare, a director and insider of the company, subscribed to 300,000 units of the placement for a total of $30,000.
ON BEHALF OF THE BOARD OF DIRECTORS
“Frank Dumas”
FRANK DUMAS
DIRECTOR & COO, ST-GEORGES ECO-MINING
PRESIDENT & CEO, ZEU CRYPTO NETWORKS.
The Canadian Securities Exchange (CSE) has not reviewed and does not accept responsibility for the adequacy or the accuracy of the contents of this release.
Copyright (c) 2019 TheNewswire – All rights reserved.
SPONSOR: CardioComm Solutions (EKG: TSX-V) – The heartbeat of cardiovascular medicine and telemedicine. Patented systems enable medical professionals, patients, and other healthcare professionals, clinics, hospitals and call centres to access and manage patient information in a secure and reliable environment.
mHealth refers to mobile health, one of the most disruptive trends ever occurred in the healthcare sector. It is a public health practice supported by mobile devices, commonly used for health services, information, and data collection through mobile communication devices, such as mobile phones, computers, tablets or PDAs, and wearable devices like smartwatches. mHealth is also defined as a sub-segment of eHealth, which uses ICT (information & communication technology), such as communications satellites, patient monitors, etc.
The global mHealth device market share is expected to create a valuation of over USD 48,663.2 MN by 2023. In its mHealth market growth analysis, MRFR also asserts that the market would register a massive 35.03% CAGR throughout the forecast period (2017 – 2023).
Research Synopsis
MHealth devices include mobile devices, real-time monitors for vital signs, and telemedicine. mHealth solutions allow users to access the collected data to check and maintain the health-related activities, using technologies such as Bluetooth, mobile network (GSM/GPRS/3G/4G), and Wi-Fi. Such advantages are encouraging the acceptance of mHealth devices in growing numbers of healthcare facilities, which increases the size of the mHealth solutions market globally.
The rapid adoption of portable and smart devices such as tablets and smartphones is a key driving force for the growth of the connected healthcare device market services.Besides, advancements in connectivity and mHealth technology solutions act as a major tailwind for the market growth. Simultaneously, factors such as rising patient involvement n personal healthcare and the introduction of connected healthcare solutions are impacting the growth of the market positively. An increase in lifestyle disease and benefits of mHealth solutions such as cost-effectiveness & convenience foster market growth. Furthermore, raising awareness among patients is driving market growth.
Ken Konkin Discusses the Goldstorm Deposit at Treaty Creek (including recent outstanding drill results like 0.725 g/t over 838.5m), it’s Potential, and 2020 Development Plans
https://www.commodity-tv.com/play/tudor-gold-the-next-major-discovery-in-the-golden-triangle/
About American Creek
American Creek is a Canadian junior mineral exploration company with a strong portfolio of gold and silver properties in British Columbia.
Three of those properties are located in the prolific “Golden Triangleâ€; the Treaty Creek and Electrum joint venture projects with Tudor Gold/Walter Storm as well as the 100% owned past producing Dunwell Mine.
The Treaty Creek Project is a Joint Venture with Tudor Gold owning 60% and acting as operator. American Creek and Teuton Resources each have 20% interests in the project. American Creek and Teuton are both fully carried until such time as a Production Notice is issued, at which time they are required to contribute their respective 20% share of development costs. Until such time, Tudor is required to fund all exploration and development costs while both American Creek and Teuton have “free ridesâ€.
More information about the Treaty Creek Project can be found here: https://americancreek.com/index.php/projects/treaty-creek/home
A drill program is also ongoing on American Creek’s 100% owned Dunwell Mine property located near Stewart. More information can be found here: https://americancreek.com/index.php/projects/dunwell-mine
The Corporation also holds the Gold Hill, Austruck-Bonanza, Ample Goldmax, Silver Side, and Glitter King properties located in other prospective areas of the province.
For further information please contact Kelvin Burton at: Phone: 403 752-4040 or Email: [email protected]. Information relating to the Corporation is available on its website at www.americancreek.com.
Hub on Agoracom
FULL DISCLOSURE: American Creek is an advertising client of AGORA Internet Relations Corp.
SPONSOR: New Age Metals Inc. The company owns one of North America’s largest primary platinum group metals deposit in Sudbury, Canada. Updated NI 43-101 Mineral Resource Estimate 2,867,000 PdEq Measured and Indicated Ounces, with an additional 1,059,000 PdEq Ounces in the Inferred. Learn More.
“Palladium positioning is slightly counter-intuitive to the price action, implicitly confirming heavy OTC interest from the long side,†INTL FCStone analyst Rhona O’Connell said in a note. “After weak longs were shaken out in early November another push to the upside is now approaching resistance from the uptrend.â€
Concerns that supply of the metal used in car exhaust systems could run out has helped to lift prices by more than 47% this year alone, despite a weakening auto sector.
Silver shed 0.4% to $16.95 an ounce and platinum gained 0.4% to $903.51.
Source: https://www.cnbc.com/2019/12/02/gold-markets-us-dollar-china-economy-in-focus.html
Lomiko Metals Inc. (TSX-V: LMR, OTC: LMRMF, FSE: DH8C) (Lomiko or the “Companyâ€) has identified spherical graphite production as a key goal in plans to supply graphite anodes for Electric Vehicles (EV) Li-ion battery mega-factories in the North American market as highlighted in Lomiko’s July 16th, 2019 release. Testing for spherical graphite is to be included in the upcoming Lomiko Preliminary Economic Assessment (PEA) which is planned for the La Loutre graphite project located in Quebec, Canada.
The development of a strategy that identifies a way to create value-added products is necessary to establish a long-term, profitable business model prior to extensive capital outlay and is crucial to the success of the company. A large multinational conglomerate, Imerys Carbon and Graphite has also been working on new developments in the graphite space with innovative products for the EV Industry.
Imerys Graphite & Carbon has a strong history in the production of high-quality natural and synthetic graphite powders, conductive carbon blacks and water-based graphite dispersions with the parent company posting €4.6 billion in revenue and approximately 17,000 employees worldwide.
Imerys Graphite & Carbon’s fully owned natural graphite mine is located about 250 km north-west of Montréal, Canada, in the small town of Lac-des-Îles [53 km north of Lomiko’s La Loutre Graphite Property]. Operations started in 1989. There, graphite ore is mined and refined into high-quality graphite products of various sizes and purities. These graphite concentrates are directly sold to various applications or further processed in its Terrebonne, Quebec plant [near Montreal]. In a news release dated November 18, 2019, Imerys stated:
“New developments in automotive and in the consumer electronics markets are driving a need for improved performance of lithium-ion batteries in diverse operating conditions. QX products [graphite additive tradename] enable fast kinetics during charging and can significantly improve the performance of active materials.â€
“We are at the beginning of the battery materials bull market with 100+ Lithium-ion, mega-factories built or scheduled to be built worldwide,†said Lomiko’s CEO A. Paul Gill. “Lomiko sees a tremendous opportunity in creating a stable and integrated North American value supply chain for North American EV manufacturers. This opportunity represents a significant increase of confidence to the Quebec government, Lomiko, and other companies to see Imerys step into the EV field despite being close to closing their twenty-year operation at the Lac-des-ÃŽles facility.â€
Graphite Sector Analysis
The price for 95% C (purity), 15 microns Spherical Graphite is $2,700-2,800 USD/tonne, far above the price of other forms of graphite as indicated by the Industrial Minerals. Lomiko’s Preliminary Economic Assessment (PEA) will include costs and the potential market for this key product. In order to start the PEA, Lomiko must first deliver its second resource prepared in compliance with NI 43-101 Regulations from La Loutre.
On November 4, 2019, Imerys announced: [Natural and synthetic graphite] subject to general inflationary pressures and will, therefore, be subject to some price increases to reflect those inflation effects.
On October 18, 2019, A recently opened mine in Mozambique owned by Syrah Resources, which primarily produces 94% C, -100 mesh material since 2017, significantly reduced their workforce and cut production targets for 2020.
The production cut will likely curtail the supply of natural flake graphite supporting a general conclusion that an uptrend in graphite prices may be imminent after a multi-year low in demand and price.
For more information on Lomiko Metals, review the website at www.lomiko.com, contact A. Paul Gill at 604-729-5312 or email: [email protected].
On Behalf of the Board,
“A. Paul Gillâ€
Chief Executive Officer
We seek safe harbor. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release
Attachment
A. Paul Gill Lomiko Metals Inc. (TSX-V: LMR)