Agoracom Blog

American Creek’s $AMK.ca Goldstorm Deposit A Rare Opportunity for Investors Who Missed Pretium’s Brucejack Discovery $PVG.ca $SII.ca $SA $SKE.ca $TUD.ca $SPMT.ca $GTT.ca $III.ca $GGI.ca $SEA.ca $AFF.ca

Posted by AGORACOM at 10:58 AM on Wednesday, October 16th, 2019

Pretium helped define the Golden Triangle with the discovery of high grade gold at Brucejack. Drilling success at American Creek’s Treaty Creek property just north of Pretium is demonstrating the opportunity for a second chance for those that missed out on Brucejack. Aiming to become a peer through sheer force of tonnage, American Creeks JV partner Tudor Gold is returning intercepts that are close to a mile in length, with 0.589 g/t Au over 1081.5m, including an upper interval of 0.828 g/t Au over 301.5m and a lower interval of 0.930 g/t Au over 207m that also demonstrated copper values before exceeding the length of the drill capabilities. Other holes include 0.725 g/t gold over 838.5m, 0.683g/t gold over 780m, and 0.98 g/t gold over 563m.

An equal measure of thanks should also be directed toward Ken Konklin, who made the discovery at at Brucejack, and is now Exploration Manager at Treaty Creek. He came out of retirement after putting the $3 billion Brucejack mine into place because he believes that Treaty Creek holds more potential than what’s he’s already accomplished. He has said that developing the Brucejack mine was a huge achievement but Treaty Creek is going to be his legacy: ” The Goldstorm System shows no signs of weakening to the northeast and several more drill holes will be needed to find the length and depth of this huge gold system. Not only does the Goldstorm Zone remain open at depth and along strike, we are now seeing base-metal associations possibly as part of a zonation within the metal system.”

Treaty Creek:

  • Part of the same Sulphurets Hydrothermal System that contains a mind boggling 188M oz gold, 1.2B oz silver and 55B lbs of copper (all categories) to date ( P&P reserves of 47M oz Au, 214M oz Ag, and 10B lbs Cu)
  • Same trend – deposits occur about every 2-3 km going north with gold grades increasing as the system extends northward – The Goldstorm zone on Treaty Creek is the most northerly deposit to date
  • Huge logistical advantages by being on the right side of the mountain with direct access to power and highway
  • Potential open pit design requiring a fraction of the capital cost with a shorter payback period.
  • At the discovery stage of the mining life-cycle where biggest gains are typically made

 Large deposits are found near the red “discovery line” and the Sulphurets fault

Treaty Creek Project Summary Click Here: Treaty Creek Summary

Has already increased over 300% since spring and yet only the 2 sets of assays have been released. Based on the geology, geophysics, extended strike length and seemingly endless depth, it looks as though things have just started for American Creek.  A major drill program is presently being conducted at Treaty Creek by JV partner and operator Tudor Gold. There are now two drills working on the Goldstorm zone. The Treaty Creek Project is a Joint Venture with Tudor Gold owning 60% and acting as operator, with American Creek holding a 20% interest in the project. American Creek is fully carried until such time as a Production Notice is issued. Until such time, Tudor is required to fund all exploration and development costs while American Creek has a “free ride”.

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

    FULL DISCLOSURE: American Creek is an advertising client of AGORA Internet Relations Corp

Tartisan #Nickel $TN.ca – Nickel and palladium surge on the back of supply constraints $ROX.ca $FF.ca $EDG.ca $AGL.ca $ANZ.ca

Posted by AGORACOM-JC at 10:48 AM on Wednesday, October 16th, 2019

SPONSOR: Tartisan Nickel (TN:CSE)  Kenbridge Property has a measured and indicated resource of 7.14 million tonnes at 0.62% nickel, 0.33% copper. Tartisan also has interests in Peru, including a 20 percent equity stake in Eloro Resources and 2 percent NSR in their La Victoria property. Click her for more information

Tc logo in black
TN: CSE
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Nickel and palladium surge on the back of supply constraints

  • Nickel price has recently surged reaching US$18,000/t
  • This is mostly due to the Indonesian nickel ore export ban to commence January 2020, as well as the Philippines indefinitely suspending nickel mining in southern Philippines (27% of overall Philippine nickel ore exports are from this area).

Matthew Bohlsen

The past few years have generally been tough for the miners, especially for investors that joined the electric vehicle (EV) metal miners boom at its first peak (January 2018). However, all is not lost. For nimble investors, there are some great gains to be made when metal prices spike, but you need to be not too late to the party. Right now two metals are rising fast on supply constraints and strong demand. Furthermore, they should continue to do well for some time. In many cases, the associated miners have been slow to reflect the gains as investor sentiment has been weighed down by the trade war. This leaves some incredible buys for those willing to invest.

Those two metals are nickel and palladium.

Nickel

As we can see below the nickel price has recently surged reaching US$18,000/t. This is mostly due to the Indonesian nickel ore export ban to commence January 2020, as well as the Philippines indefinitely suspending nickel mining in southern Philippines (27% of overall Philippine nickel ore exports are from this area).

Nickel supply reductions from the two largest nickel producing countries (Indonesia and Philippines represent 45% of global nickel supply) and an EV led demand surge are combining to cause nickel deficits and a nickel price spike, as shown below.

Add in resilient nickel demand and soon a surge in EV related demand and you have the recipe for a nickel boom.

Nickel 5 year price chart

EV related demand for class 1 nickel is set to surge more than tenfold from end 2018 to 2025, or increase from 36,000 tonnes in 2018 to 350,000-500,000 tonnes by 2025. In a 2 million tonne total nickel market, a 500,000 tonne increase represents a 25% increase just from the EV boom.

LME nickel inventory levels fell last week the most in 40 years

Just last week LME inventory levels fell the most in 40 years, as China’s Tsingshan Holding Group Co. bought 25,000 tonnes of LME nickel. Apparently a further 75,000 tons of metal are scheduled to be delivered out soon. That could send LME nickel below 50,000 tonnes and panic the market causing nickel prices to surge even higher.

Palladium

Palladium metal prices have doubled the past year and a half on the back of strong demand for palladium used in catalytic converters. The price is now over US$1,700/oz, significantly higher than gold at US$1,492/oz.

Palladium 5 year price chart

Europe is reducing emissions targets in 2020, 2025, and 2030 and other countries will follow. This means more palladium will be needed in catalytic converters. As reported by Reuters, Morgan Stanley recently stated that starting 2020 in China each vehicle will need to contain around 30% more palladium, platinum and rhodium. Some analysts are already forecasting US$2,000/oz palladium.

The only caveat here is if we see very rapid electric vehicle take up and hence less internal combustion engine (ICE) vehicles then demand could stall or even reverse. However, this should still be several years away given the electric car market share globally is still only at 2.3%. Hybrid EVs use both palladium and nickel. Note also that platinum can be used to substitute for palladium but it is not so easy and the cycle to replace can be costly and take ~2 years.

Source: https://investorintel.com/sectors/gold-silver-base-metals/gold-precious-metals-intel/nickel-palladium-surge-back-supply-constraints/

ThreeD Capital Inc. $IDK.ca – #Crypto Twitter Sentiment Algo Claims 281% Returns After Reading #Bitcoin Tweets $HIVE.ca $BLOC.ca $CODE.ca

Posted by AGORACOM-JC at 9:48 AM on Wednesday, October 16th, 2019

SPONSOR: ThreeD Capital Inc. (IDK:CSE) Led by legendary financier, Sheldon Inwentash, ThreeD is a Canadian-based venture capital firm that only invests in best of breed small-cap companies which are both defensible and mass scalable. More than just lip service, Inwentash has financed many of Canada’s biggest small-cap exits. Click Here For More Information.

IDK: CSE

‘Crypto Twitter Sentiment’ Algo Claims 281% Returns After Reading Bitcoin Tweets

  • Brokerage firm eToro has brought a new tool to the market that’s supposed to help investors crack the code of investing in cryptocurrencies such as bitcoin – crypto Twitter.

By: Harsh Chauhan

Brokerage firm eToro has brought a new tool to the market that’s supposed to help investors crack the code of investing in cryptocurrencies such as bitcoin – crypto Twitter.

In a recent blog, eToro announced that it is partnering with cryptocurrency information service provider TIE, which uses algorithms based on crowd-driven sentiment to develop trading strategies.

Twitter can help you make money in bitcoin and crypto

The brokerage firm points out that TheTIE-LongOnly CopyPortfolio will open trades on the basis of positive Twitter sentiment. The machine learning-powered algorithm will analyze over 850 million tweets daily to gauge cryptocurrency and bitcoin sentiment.

What’s more, eToro claims that the crypto Twitter-based trading strategies have led to returns of 281 percent after fees in the past two years. The annualized return of the trading strategy is 123 percent, which outpaces the 29 percent return delivered by an equally-weighted basket of identical underlying crypto assets.

eToro claims that the algorithm has also beaten bitcoin’s 41 percent return over the past two years. So, the premise of the Twitter-based investment strategy looks promising given the track record over the past couple of years. But what’s the reason why this strategy seems to be working so well so far?

Sentiment-driven investing could be the key to cracking crypto

Cryptocurrencies such as bitcoin are relatively new. So the world seems confused about the characteristics of bitcoin and other cryptocurrencies, which was originally meant to be a method of peer-to-peer electronic cash system for making online payments.

Source: https://www.ccn.com/twitter-etoro-sentiment-tool-crypto-bitcoin/

Enthusiast Gaming $EGLX.ca Partners With Global Casino Brand, #PartyCasino.Fun $EPY.ca $FDM.ca $WINR $TCEHF $ATVI $TNA.ca

Posted by AGORACOM-JC at 9:40 AM on Wednesday, October 16th, 2019
  • PartyCasino.Fun, one of the world’s largest online casinos, to engage with gamers and esports industry at EGLX
  • Designed a customized marketing campaign with multiple touchpoints to gamers to target the sought after demographic
  • Partnership includes sponsor logo on Luminosity Jersey and sponsorship in EGLX 19+ Lounge to expand PartyCasino.Fun’s Canadian audience

TORONTO, Oct. 16, 2019 — Enthusiast Gaming Holdings Inc. (TSXV:EGLX) (FSE:2AV)(“Enthusiast Gaming” or the “Company”) is excited to announce that, in partnership with its esports division, Luminosity Gaming (“Luminosity”), it has entered into a sponsorship and partnership agreement (the “Agreement”) with PartyCasino.Fun, a leading online casino with over 500 games ranging from classics such as Blackjack and Roulette, to a wide variety of online slots.

Through the Agreement, PartyCasino.Fun’s logo will appear on Luminosity Gaming jerseys,  which will be visible during live streams and broadcast events, as well as in the online store. Additionally, PartyCasino.Fun will sponsor the 19+ gaming lounge at EGLX, providing mutual access and opportunity to another tier of gamers.

Enthusiast Gaming will run a series of polls that ask attendees to choose between a real-life location and a videogame location. After the poll’s conclusion in December, the results will be utilized on Enthusiast Gaming’s wide social media presence to promote PartyCasino.Fun as a personal getaway, giving PartyCasino.Fun a newfound Canadian reach.

The collaboration with PartyCasino.Fun unlocks a new audience segment for Enthusiast Gaming, the lucrative online gambling community. Enthusiast Gaming has multiple points of engagement to gamers which provides the unique ability to leverage the entire network of media, esports and events assets. Enthusiast Gaming’s newly hired direct sales team is already adding value by leveraging direct relationships with brands and agencies and offering a custom, targeted approach to reach the gamer demographic. The partnership with PartyCasino.Fun was driven by the sales team, and is a testament to how successful the overall strategy can be. 

Menashe Kestenbaum, President of Enthusiast Gaming commented, “The partnership with PartyCasino.Fun is exciting for us and validates the size and scale of our combined media and gaming platform. We used the sales and marketing expertise of our newly formed direct sales team, to create a unique, customized marketing strategy for PartyCasino.Fun to reach their media and sponsorship goals. It is encouraging to see our sales force already delivering value and driving revenue. We look forward to partnering with PartyCasino.Fun, and working closely with their team!”

Alessandro De Stasio, Head of Marketing of PartyCasino.Fun commented, “We are excited to have the chance to partner up with the largest gaming and esports organization in Canada. We are sure that the combination with our audiences will untap new marketing opportunities whether it comes to reach, events and/or activations.” 

About PartyCasino.Fun 

PartyCasino.Fun is the play for fun solution launched in H2 2019 with the scope to provide our customer a different online casino experience where no real money is involved. PartyCasino is the leading casino brand of GVC Holdings PLC (LSE:GVC) (“GVC”) and, as one of the world’s largest online casinos, houses over one thousand games between slot machines, blackjack, roulette and other table games. GVC runs four main product verticals: sports, casino, poker and bingo. GVC, a leading e-gaming operator in B2C and B2B markets, has licenses throughout several countries including Austria, Italy, United Kingdom, Denmark, Belgium, Germany and others. With multitudes of established brands under its belt that have a combined heritage of over 250 years, GVC is one of the biggest sports-betting and gaming groups in the world.

About Enthusiast Gaming 

Enthusiast Gaming (TSX.V: EGLX)(FSE: 2AV) is building the world’s largest network of communities for gamers and esports fans. Already the largest gaming network in the U.S., the Company’s business is comprised of three main pillars: Media, Events and Esports. Enthusiast Gaming’s digital media platform includes 100+ gaming related websites and 900 YouTube channels which collectively reach 150 million visitors monthly. The media network generates over 30 billion ad requests and over 1 billion page views per month. Enthusiast’s esports division, Luminosity Gaming, is a leading global esports franchise that consists of 7 professional esports teams under ownership and management, including  the Vancouver Titans Overwatch team and the Seattle-based Call of Duty team. Collectively, the integrated ecosystem reaches over 200 million gaming enthusiasts on a monthly basis. Enthusiast Gaming’s event business, owns and operates Canada’s largest gaming expo, Enthusiast Gaming Live Expo, EGLX, (eglx.com) with approximately 55,000 people attending in 2018. For more information on the Company, visit www.enthusiastgaming.com. For more information on Luminosity Gaming, please visit luminosity.gg

CONTACT INFORMATION

Investor Relations:

Julia Becker
Head of Investor Relations & Marketing
Telephone: 604-785-0850
Email: [email protected]

Forward-Looking Information

Certain statements in this release are forward-looking statements.  Forward looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future.  Such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements, including risks related to factors beyond the control of Enthusiast Gaming.  The risks include risks that are customary to transactions of this nature and customary to companies which have their stock traded on the TSXV. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits Enthusiast Gaming will obtain from them. For instance, there can be no assurance that the acquisition will close as anticipated, that the acquisition will position the Company as a leader in the mobile gaming sector and that the acquisition will result in growth of the Company’s online and offline gaming community.

This press release does not constitute an offer to sell or solicitation of an offer to buy any of the securities in the United States.  The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States or to a U.S. Person unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

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.

LOMIKO Metals $LMR.ca Plans Outreach and Corporate Presentations in BC, and During XPLOR 2019 Quebec Mining Exploration Convention in Montreal $CJC.ca $SRG.ca $NGC.ca $LLG.ca $GPH.ca $NOU.ca

Posted by AGORACOM at 9:06 PM on Tuesday, October 15th, 2019

Vancouver, B.C. and Montreal, Quebec, Oct. 15, 2019 — Lomiko Metals Inc. (“Lomiko”) (TSX-V: LMR, OTC: LMRMF, FSE: DH8C), a Canadian-based, exploration-stage mining company focused on the exploration and development of minerals for the new green economy such a lithium and graphite, is pleased to announce that CEO, A. Paul Gill is scheduled to present and meet with investors during the Xplor 2019 Convention from October 23-24, 2019 in Montreal, Quebec.

A. Paul Gill, CEO states, “Lomiko is in an ideal position to participate in the Electric Vehicle market with the potential to become a North American supplier of graphite materials, a market currently dominated by foreign supply from China. Graphite is a major and critical material in the manufacture of lithium-ion and other batteries, specifically battery anodes”.

In other important developments, Quebec Premier Francois Legault recently reiterated his commitment to make Quebec the ‘Green Battery’ of North America through investments in electric buses and trams while British Columbia Premier John Horgan aims to eliminate all gas-powered cars by 2040.  Lomiko has will have the opportunity to present the company’s latest results to retail and institutional investors in BC and Quebec interested in this growing sector.

For more information on the Company, please visit our website at www.lomiko.com, contact A. Paul Gill at 604-729-5312 or email: [email protected].

On Behalf of the Board,

LOMIKO METALS INC.

A. Paul Gill,

Chief Executive Officer

Bougainville Ventures $BOG.ca – CBD Demand Soars With a Growing Number of Uses $CROP.ca $VP.ca NF.ca $MCOA

Posted by AGORACOM-JC at 1:27 PM on Tuesday, October 15th, 2019

SPONSOR:  Bougainville Ventures Inc (CSE: BOG) provides strategic capital to the thriving cannabis cultivation sector through ownership and development of commercial real estate properties. The company also offers fully built out turnkey facilities equipped with state-of-the-art growing infrastructure to cannabis growers and processors. Click here for more info.

CBD Demand Soars With a Growing Number of Uses

  • Global cannabidiol market is expected to grow from USD 1.04 Billion in 2018 to USD 16.32 Billion by 2026 while registering a CAGR of 27.7% during the forecast period, according to data compiled by Reports and Data

NEW YORK, Oct. 15, 2019 – As the medical industry continues to evolve, researchers are actively looking for innovative remedies and treatments for patients. Notably, cannabis has become the topic of discussion after numerous researchers and institutions highlighted its therapeutic benefits. However, despite medical advancements throughout the cannabis industry, most federal regulators around the world have not yet moved to fully legalize cannabis for medical applications because of the psychotropic effects associated with it. Nevertheless, several regulators have decided to legalize cannabidiol, or CBD, a compound found within cannabis. CBD is a derivative found within the cannabis plant, however, unlike its tetrahydrocannabinol, or THC, counterpart, it does not induce psychoactive effects. Consequently, regulators became more inclined to legalize CBD. Primarily, the CBD industry is being accelerated by the healthcare segment.

Specifically, countries such as Australia, Canada, France, Germany, Italy, the U.K. and the U.S. have all adopted CBD-related legislation. Overall, the therapeutic grade segment dominates that overall CBD market because of increasing demand from innumerable applications. The segment accounted for 58.6% of the overall CBD market share and is expected to continue its dominance. In particular, the healthcare segment is expected to account for a total of USD 10.28 Billion of the CBD market by 2026. Moreover, the food and beverage industry is also expected to witness exponential growth. And while the U.S. and Canada are the primary drivers for the global CBD market, other international markets are also expected to greatly contribute. For instance, the Asia Pacific market is anticipated to reach USD 3.1 Billion by 2026 and exhibit a CAGR of 29.5%, while the European market is projected to grow at a CAGR of 28.9%. As a result, the global cannabidiol market is expected to grow from USD 1.04 Billion in 2018 to USD 16.32 Billion by 2026 while registering a CAGR of 27.7% during the forecast period, according to data compiled by Reports and Data.

The pharmaceutical segment of the CBD industry is expected to witness significant R&D investments to accelerate deployment and meet the medical needs of a number of diseases. Specifically, researchers have uncovered that CBD can treat a variety of diseases such as chronic pain, anxiety, depression, and cancer. And while most of these conditions would likely require a prescription from a medical practitioner, there are over-the-counter or OTC products that consumers can easily purchase at their local convenience stores in the U.S. or Canada. Consumers can purchase CBD-based products such as tinctures, topicals, patches, capsules, foods, and beverages. Typically, most OTC products are marketed as health and wellness products that are aimed to relieve minor ailments. For instance, many health and wellness retailers promote CBD as a way to stimulate relaxation or relieve small headaches. Notably, major pharmaceutical retailers such as CVS or Walgreens have also decided to add CBD products to their shelves. The two corporations added CBD products in order to provide consumers with cheaper and alternative care products. “It really does help normalize this. If Grandma can go to the store and get it, now the conversation about cannabis is going to be very different,” said Michele Ross, PhD, MBA, Research Director at Decriminalize California. “CBD business is already huge. But normalizing the culture around taking these products is going to open the door for more people to feel comfortable investing in these types of businesses. It opens up the possibility for them to be sold in more stores.”

Source: https://www.prnewswire.co.uk/news-releases/cbd-demand-soars-with-a-growing-number-of-uses-815946592.html

Affinity Metals $AFF.ca Samples up to 4,410 g/t Silver, 5.68 g/t Gold, 26.4 % Zinc, 2.27 % Copper, and >20% Lead at Regal Project near Revelstoke, BC $SII.ca $TUD.ca $GTT.ca $AMK.ca

Posted by AGORACOM at 8:13 AM on Tuesday, October 15th, 2019
  • The 2019 exploration program commenced in September and to date includes prospecting, geological mapping, geophysical analysis and interpretation, geochemical sampling
  • Drill has now been moved to the Regal adit area and is drilling several preliminary confirmation holes to test the historic 1971 resource (pre NI43-101 and therefore not compliant) reported on the Regal/Snowflake mines.
  • Of the 22 grab samples collected from surface outcrops, the majority contained bonanza grade silver, zinc, and lead with many samples reaching assay over-limits. 
  • Further assaying of over-limits has been initiated and those results will be reported once received
  • recently expanded the size of the project by staking an additional 780 hectares of adjoining prospective ground

Vancouver, British Columbia–(Newsfile Corp. – October 15, 2019) – Affinity Metals Corp. (TSXV:AFF)”) (“Affinity”) (“the Corporation”) is pleased to report that it has received assay results for all 22 rock samples collected in September 2019 from the Black Jacket and Allco areas of the Regal property located in the northern end of the prolific Kootenay Arc approximately 35 km northeast of Revelstoke, British Columbia, Canada. Of the 22 grab samples collected from surface outcrops, the majority contained bonanza grade silver, zinc, and lead with many samples reaching assay over-limits. Further assaying of over-limits has been initiated and those results will be reported once received. Results for all 22 samples are presented in the table below.

The Corporation also reports that based on prospecting, mapping and sampling results to date, it recently expanded the size of the project by staking an additional 780 hectares of adjoining prospective ground. The extensive Regal property package now spans 7,400 hectares and is on trend with Huakan’s J & L deposit located to the north which is reporting 5.2 million measured and indicated tonnes grading 4.59 grams gold per tonne for 761,000 oz. gold and 55.6 grams silver per tonne for 9.2 million oz. silver, plus 2.04% lead and 4.57% zinc. It also has 4.8 million inferred tonnes grading 4.53 grams gold for 672,000 oz. gold and 60.6 grams silver for 9.4 million oz. silver, 1.84% lead and 2.55% zinc.

The Regal Project hosts several past producing small-scale historic mines including the Regal Silver. From the historic records it appears that most, and perhaps all, of the known mineralized showings/zones have not been previously drilled using modern diamond drilling methods. 

The 2019 exploration program commenced in September and to date includes prospecting, geological mapping, geophysical analysis and interpretation, geochemical sampling, and diamond drilling. Ten diamond drill holes totaling 1,340 meters have been completed in the Allco area of the property and the drill has now been moved to the Regal adit area and is drilling several preliminary confirmation holes to test the historic 1971 resource (pre NI43-101 and therefore not compliant) reported on the Regal/Snowflake mines. Drill core will be sampled and assayed in due course with results to be released once received.

Robert Edwards, CEO of Affinity stated: “This is a great start to the program as these sample results are extremely encouraging and confirm the huge potential we see in this property! Through the prospecting, mapping and sampling this year we were able to get much more familiar with the property and it is clear from these sample grades that there is extensive mineralization throughout these claims. We are excited to be testing some initial areas with the drill to continue to build a more comprehensive picture of the geology.”

Results from the 22 rock grab samples are as follows:

Sample NumberSample 
Type
Silver
g/t
Copper
%
Zinc
%
Lead
%
Gold
g/t
ALC19CR01grab0.035000
ALC19CR02grab1300.41518.20>20.00.70
ALC19CR03grab120.232.03.9840.02
ALC19CR04grab131.089.02.1022.66
ALC10CR05grab16.7.295.06.0130.09
ALC19CR06grab74.9.144>30.00.0590.28
ALC19CR07grab10.05.310.08.0290.04
ALC19CR08grab1870.49524.5>20.01.85
ALC19CR09grab88.1.077>30.00>1.880.08
ALC19CR10grab1545.17826.70>20.00.68
ALC19CR11grab2360.36616.80>20.00.11
ALC19CR12grab3700.6241.64>20.03.14
ALC19CR13grab964.71617.30>17.50.11
ALC19CR14grab3530.3501.94>20.01.57
ALC19CR15grab3670.0261.89>20.00.33
ALC19CR16grab1790.1075.28>20.00.37
ALC19CR17grab751.0696.45>18.050.45
ALC19CR18grab1065.718.178.5140.10
ALC19CR19grab2510.2995.58>20.00.06
ALC19CR20grab44102.2726.4>20.05.68
ALC19CR21grab47.5.177.048.0921.78
ALC19CR22grab87.7.095.011.0474.79

Property History & Background

The property hosts numerous mineral occurrences including the following past-producing mines:

Snowflake and Regal Silver (Stannex/Woolsey) Mines

The Snowflake and Regal Silver mines were two former producing mines that operated intermittently during the period 1936-1953. The last significant work on the property took place from 1967-1970, when Stannex Minerals completed 2,450 meters of underground development work and a feasibility study, but did not restart mining operations. In 1982, reported reserves were 590,703 tonnes grading 71.6 grams per tonne silver, 2.66 per cent lead, 1.26 per cent zinc, 1.1 per cent copper, 0.13 per cent tin and 0.015 per cent tungsten (Minfile No. 082N 004 – Prospectus, Gunsteel Resources Inc., April 29, 1986). It should be noted that the above resource and grades, although believed to be reliable, were prepared prior to the adoption of NI43-101 and are not compliant with current standards set out therein for calculating mineral resources or reserves. 

ALLCO Silver Mine

The Allco Silver Mine is situated 6.35 Kilometers northwest of the above described Snowflake/Regal Mine(s) and is also part of the Affinity claim group.

The Allco Silver Mine operated from 1936-1937 and produced 213 tonnes of concentrates containing 11 troy ounces of gold (1.55 g/t), 11,211 troy ounces of silver (1,637 g/t) and 173,159 lbs of lead (36.9%). 

Airborne Geophysics to Guide Future Exploration

An extensive airborne geophysics survey conducted by Geotech Ltd of Aurora, Ontario, for Northaven Resources Corp. in 2011, identified four well defined high potential linear targets correlating with the same structural orientation as the Allco, Snowflake and Regal Silver mines. Northaven also reported that the mineralogy and structural orientation of the Allco, Snowflake and Regal Silver appeared to be similar to that of Huakan’s J&L gold project located to the north, and on a similar geophysical trend line. The J&L is reportedly now one of western Canada’s largest undeveloped gold mineral resources.

After completing the airborne survey, Northaven failed in financing their company and conducting further exploration on the property and subsequently forfeited the claims without any of the follow up work ever being completed. Affinity Metals is in the fortunate position of benefitting from this significant and promising geophysics data and associated targets.

The aforementioned Northaven airborne geophysical survey conducted at a cost of $319,458.95 in August of 2011 is described in The BC Ministry of Energy, Mines and Petroleum Resources Assessment Report #33054. The results of the survey are competently explained and illustrated by professionals on You Tube at: https://www.youtube.com/watch?v=GX431eBY_t0

Condor Consulting, Inc. who compiled the survey data and produced the original geophysics report was recently retained by Affinity in order to provide more detailed interpretations and potential drill target locations with the aim of testing two of the four target areas in the future.

Affinity Metals has been granted a 5 Year Multi-Year-Area-Based (MYAB) exploration permit which includes approval for 51 drill sites. 

On behalf of the Board of Directors 

Robert Edwards, CEO and Director of Affinity Metals Corp.

The Corporation can be contacted at: [email protected]

Enthusiast Gaming $EGLX.ca Hosts Canada’s Largest Gaming and #Esports Expo, EGLX, on October 18 – 20 in Toronto $EGLX.ca $EPY.ca $FDM.ca $WINR $TCEHF $ATVI $TNA.ca

Posted by AGORACOM-JC at 7:18 AM on Tuesday, October 15th, 2019
  • Sponsors include: Bell Media, Ubisoft Canada, Nintendo, CIBC, HP Omen and MSI
  • Rising Stars Tournament with $40,000 prize pool and a sponsorship deal with Luminosity Gaming 
  • Rainbow Six Canada National Finals in partnership with Ubisoft Canada 
  • Special guests include: professional esports players SypherPK, JuniorPK and Destroy, and gaming personalities Greg Miller, Nick Scarpino and Andy Cortez of Kinda Funny, Craig Skistimas and Game Attack team, Bruce Green and Kris Wilson of Cyanide and Happiness
  • Gaming Industry Summit expert speakers include: Adam Boyes (CEO of Iron Galaxy), Rishi Chadha (Head of Gaming Content Partnerships, Twitter), Bryan Segal (SVP, Comscore)

TORONTO, Oct. 15, 2019 – Enthusiast Gaming Holdings Inc. (TSXV:EGLX)(FSE: 2AV) (“Enthusiast” or the “Company”) is excited to announce that the Enthusiast Gaming Live Expo (“EGLX”), Canada’s largest video gaming expo, is taking place Friday, October 18, to Sunday, October 20 at the Metro Toronto Convention Centre (“MTCC”) in downtown Toronto.

EGLX, which had over 55,000 attendees at last year’s events, is a celebration of everything gaming and esports. Attendees of EGLX 2019 can expect three jam-packed days featuring over 150 exhibitors, panels, cosplay, free play, the Artist Alley, an Indie Corner and a Family Zone.

EGLX 2019 will host the inaugural Rising Stars Tournament with a $40,000 prize pool and a sponsorship deal with Enthusiast Gaming’s Esports Division, Luminosity Gaming. The tournament gives promising gamers an opportunity to battle against each other in Fortnite, Super Smash Bros. Melee and Super Smash Bros. Ultimate. The winner of each game will be crowned the EGLX Rising Star and given the opportunity to attend three tournaments of their choice across North America. 

Corey Mandell, President of Enthusiast Gaming’s events division, EG Live, commented, “We continue to grow and expand our events business which includes almost 30 live gaming and esports events worldwide. Our goal has always been to provide interactive, in-person experiences for gamers to connect globally. At this year’s EGLX, we’ve almost doubled the floor space as we anticipate a significant increase in attendees. We have over 150 exhibitors and have seen an increase in non-endemic brand sponsors as gaming becomes more mainstream!”

With sponsors including Bell, Ubisoft Canada, CIBC, Nintendo, HP Omen and MSI, the expo is set to be stacked with more prizes and pre-release sneak peeks than ever before. EGLX attendees will get the opportunity to watch the finals of the Rainbow Six Canada Nationals, hosted on the main stage, in partnership with EGLX sponsor Ubisoft Canada.  

Special guests at EGLX include: professional esports athletes, SypherPK, JuniorPK, and Destroy and gaming personalities, Greg Miller, Nick Scarpino and Andy Cortez of Kinda Funny, Craig Skistimas and Game Attack team, Bruce Green and Kris Wilson of Cyanide and Happiness.

EGLX will kick off the expo on Friday October 18 with the Gaming Industry Summit, a one-day event where over 200 investors and gaming enthusiasts will listen to experts discuss the gaming industry and how to invest in the 150 billion dollar sector. Confirmed industry experts include: Keynote, Adam Boyes, CEO of Iron Galaxy and former VP at Sony PlayStation; Rishi Chadha, Twitter’s Head of Gaming Content Partnerships and Bryan Segal, SVP at ComScore, Canada. Sponsors for the Gaming Industry Summit include: Canaccord Genuity, PI Financial, Minden Gross and CIBC.

Also on Friday, Enthusiast Gaming is hosting an invitation-only marketing event “From Mom’s Basement to the Boardroom” to provide valuable insight on how to market/advertise to the highly lucrative gamer demographic.

EGLX is taking place on Friday, October 18 from 3:00pm-9:00pm, Saturday, October 19 from 10:00am-8:00pm, and Sunday, October 20 from 10:00am-6:00pm. To purchase tickets and for additional event information, please visit EGLX.com.

About Enthusiast Gaming

Enthusiast Gaming (TSX.V: EGLX)(FSE: 2AV) is building the largest network of gaming and esports communities in the world. Already the largest gaming network in the U.S, the Company’s business is comprised of three main pillars: Media, Events, Esports. Enthusiast Gaming’s digital media platform includes +100 gaming related websites and 900 YouTube channels which collectively reach 150 million visitors monthly with over 1 billion page views. Enthusiast’s esports division, Luminosity Gaming, a leading global esports franchise consists of 7 professional esports teams under ownership and management, including the #1 ranked Overwatch team, the Vancouver Titans and over 50 gaming influencers with a total audience of 60 million followers. Collectively, the integrated ecosystem reaches over 200 million gaming enthusiasts on a monthly basis. Enthusiast Gaming’s event business, owns and operates Canada’s largest gaming expo, Enthusiast Gaming Live Expo, EGLX, (eglx.com) with approximately 55,000 people attending in 2018. For more information on the Company, visit www.enthusiastgaming.com. For more information on Luminosity Gaming, please visit luminosity.gg

CONTACT INFORMATION:

Investor Relations: 

Julia Becker
Head of Investor Relations & Marketing
[email protected]
(604) 785.0850 

For EGLX Event Media Passes, please contact: [email protected]

Forward-Looking Information

Certain statements in this release are forward-looking statements.  Forward looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future.  Such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements, including risks related to factors beyond the control of Enthusiast Gaming.  The risks include risks that are customary to transactions of this nature and customary to companies which have their stock traded on the TSXV. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits Enthusiast Gaming will obtain from them. 

This press release does not constitute an offer to sell or solicitation of an offer to buy any of the securities in the United States.  The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States or to a U.S. Person unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

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.

The Miracle That Is #CBD, Might Help Breast Cancer Patients Too – SPONSOR: Empower Clinics $CBDT $WEED.ca $CGC $ACB $APH $CRON.ca $HEXO.ca $OGI.ca $FAF.ca

Posted by AGORACOM-JC at 12:08 PM on Friday, October 11th, 2019

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  • Launching CBD extraction facility
  • First extraction system capacity = 6,000 Kg per year.
  • CBD based products are poised to be a $20B global industry by 2022
  • Medical cannabis is poised to be a $100B global industry by 2025

The Miracle That Is CBD, Might Help Breast Cancer Patients Too

By: Erika W. Smith  

CBD is in our lattes, moisturizers, and chocolates, but what about its use in a hospital setting instead of your local café or beauty store? Although more study is needed, research suggests that CBD may have the potential to help relieve certain side effects of chemotherapy.  

CBD is short for cannabidiol, which is one of the many compounds found in cannabis and hemp. Unlike tetrahydrocannabinol (THC), it’s non-psychoactive. Manufacturers have found a way to separate CBD from the plants, and the Agriculture Improvement Act of 2018 (aka the Farm Bill) legalized hemp-derived CBD that contains no more than 0.3% THC and is made from hemp grown by licensed producers. (That’s why you’ve seen so many CBD products recently.) But so far, the Food and Drug Administration has only approved one form of CBD: Epidiolex, a drug containing a purified marijuana-derived form of CBD, which is used for preventing seizures caused by rare forms of epilepsy. 

However, medical marijuana — which contains CBD as well as THC and other compounds — has been used by cancer patients for many years. In 1996, California became the first state to legalize marijuana for medical use. And although marijuana is still illegal on a federal level, it’s currently legal for medical use in 33 states — and it’s approved for use by cancer patients in every state in which medical marijuana is legal. (For comparison, medical marijuana is approved for use by patients with Crohn’s disease in only 27 states.) Additionally, the FDA has approved two chemically pure drugs based on marijuana compounds to treat nausea and vomiting in cancer chemotherapy patients.   

A 2016 review of medical marijuana’s use in oncology, published by the American Medical Association journal JAMA Oncology, notes, “Marijuana in oncology may have potential for use as an antiemetic [relieving nausea and vomiting], for refractory cancer pain, and as an antitumor agent. However, much of the data are based on animal data, small trials, or are outdated.” The authors concluded that more research is needed into medical marijuana’s therapeutic use for cancer patients.  

There is even less research into CBD’s potential benefits for cancer patients. But still, some studies have been conducted. According to the National Cancer Institute, research indicates that CBD may slow the growth or reduce the risk of recurrence of certain kinds of cancers, including breast cancer; enhance the potency of certain medications; and reduce chemotherapy side effects including vomiting, nausea, and anxiety. However, all these studies are limited, and experts agree that further research is needed to understand just how CBD affects humans.  

Source: https://www.refinery29.com/en-us/cbd-oil-breast-cancer

Australia’s #Gold Mint Is Backing a #Crypto Token Based on #Ethereum – SPONSOR: ThreeD Capital $IDK.ca $HIVE.ca $BLOC.ca $CODE.ca

Posted by AGORACOM-JC at 10:03 AM on Friday, October 11th, 2019

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Australia’s Gold Mint Is Backing a Crypto Token Based on Ethereum

  • Perth Mint Gold Token (PMGT) was launched by InfiniGold on Friday, and is backed 1:1 by GoldPass certificates issued by The Perth Mint.
  • The digital certificates are 100% gold backed and guaranteed by the Government of Western Australia, which is the sole owner of the 120-year-old mint.

By: Daniel Palmer

Australia’s only bullion mint is backing a new digital token aimed to allow investors to trade the precious metal in real time.

The Perth Mint Gold Token (PMGT) was launched by InfiniGold on Friday, and is backed 1:1 by GoldPass certificates issued by The Perth Mint. The digital certificates are 100% gold backed and guaranteed by the Government of Western Australia, which is the sole owner of the 120-year-old mint.

“PMGT is digitised gold that allows users to conveniently acquire and have entitlement over government guaranteed physical gold stored at The Perth Mint in a trusted and cost-effective way,” InfiniGold said in an announcement.  The token – designed with the assistance of professional services firm Ernst and Young – is aimed to offer an alternative to traditional gold investment products such as ETFs, while using blockchain tech to allow real-time trading and settlement.

InfiniGold CEO Andreas Ruf said:

“With The Perth Mint as custodian of the underlying physical gold that backs PMGT, buyers will be able to access a secure and reliable token representing the strongest asset class to date – gold.”

As far as the underlying tech goes, PMGT is a compatible with the ERC-20 standard behind by many ethereum-based tokens. InfiniGold is further touting the token as an alternative to U.S. dollar-backed stablecoins such as tether and USD Coin.

Perhaps taking aim at tether – the top stablecoin by market cap that’s faced accusations that it manipulated the price of bitcoin and was not actually fully backed by USD â€“ InfiniGold said PMGT’s gold backing offers investors “superior transparency, credit quality, risk diversification and hedging against market volatility.”

Investors are able to sell their PMGT  back to The Perth Mint via its GoldPass platform, or alternatively can exchange their certificates for gold the mint’s products. “Subject to final regulatory consultation, this will make PMGT directly tradable against traditional gold products, including gold ETFs, CME gold futures, and physical XAU,” said the company.

Richard Hayes, Perth Mint CEO, said in the announcement:

“The digitisation of gold via a public ledger is a natural progression for the global commodity markets. It will promote gold as a mainstream asset, enhance its accessibility, and offer greater liquidity, transparency and auditability of the real assets backing this type of digital token.”

The launch comes as haven assets like gold, and possibly bitcoin, are becoming more attractive to investors. Fears of a U.S. recession have seen gold prices bounce in recent weeks, and other companies are launching products to capitalize on the yellow metal’s growing popularity.

Just yesterday, crypto liquidity and OTC provider B2C2 launched the first gold derivatives product that synthetically trades against bitcoin and is targeted at investors seeking safety from market uncertainty.

Source: https://www.coindesk.com/australias-gold-mint-is-backing-a-crypto-token-on-ethereum