Posted by AGORACOM
at 9:59 AM on Thursday, February 21st, 2019
Commenced a diamond drilling and sampling program on its advanced stage St-Onge-Wollastonite Deposit
The program will consist of 23 holes and an estimated 1850 meters of drilling in total.
The drill program data will allow the Company to move forward with its plans to begin quarry the permitting process
VANCOUVER, BC / ACCESSWIRE / February 21, 2019 / VERTICAL EXPLORATION INC. (TSX-V: VERT) (“Vertical” or “the Company”) is pleased to announce that it has commenced a diamond drilling and sampling program on its advanced stage St-Onge-Wollastonite Deposit located approximately 90 kilometres Northwest of the city of Saguenay, in St-Onge township, in the Saguenay-Lac-St-Jean region of Quebec, Canada.
The
program will consist of 23 holes and an estimated 1850 meters of
drilling in total. Assay samples will be taken from the NQ Core and
split in half on site, with one half being sent to COREM’s lab
facilities in Quebec City and the other half being retained for future
reference at Vertical’s fully secured facilities in Saguenay Quebec. A
strict quality assurance/quality control (QA/QC) program will be applied
to all samples, including mineralized certified samples, blank samples
and duplicate sample for each batch of 15 samples taken.
The
drilling program will provide Vertical with important mineral data that
will allow the Company to further update its NI 43-101 Technical report
and aggressively move forward with its plans to begin quarry permitting
process on its St-Onge-Wollastonite Deposit. Drilling results will be
announced when received.
The diamond drilling program will be supervised by Jean-Paul Barrette, P.Geo from the Company’s geological team.
ABOUT VERTICAL EXPLORATION
Vertical
Exploration’s mission is to identify, acquire, and advance high
potential mining prospects located in North America for the benefit of
its stakeholders. The Company’s flagship St-Onge Wollastonite property
is located in the Lac-Saint-Jean area in the Province of Quebec.
ON BEHALF OF THE BOARD _________________________________ Peter P. Swistak, President
FOR FURTHER INFORMATION PLEASE CONTACT: Telephone: 1-604-683-3995 Toll Free: 1-888-945-4770
Posted by AGORACOM
at 8:55 AM on Thursday, February 21st, 2019
The recently completed drilling in phase 2 identified a series of 30 epithermal veins
Approximately 1000m to the northeast, the SG3 Target area, is a structural intersection mapped and sampled by the geological survey of Mexico which is a feeder system type target.
Now that we have established that there is a large cluster of epithermal veins at Tabasquena, we are also eager to explore for feeder system type targets. Our plan to drill deeper into the vein system to look for the boiling point in our epithermal veins
About Advance Gold Corp. (TSXV: AAX)
Advance Gold is a TSX-V listed junior exploration company focused on
acquiring and exploring mineral properties containing precious metals.
The Company acquired a 100% interest in the Tabasquena Silver Mine in
Zacatecas, Mexico in 2017, and the Venaditas project, also in Zacatecas
state, in April, 2018.
The Tabasquena project is located near the Milagros silver mine near
the city of Ojocaliente, Mexico. Benefits at Tabasquena include road
access to the claims, power to the claims, a 100-metre underground shaft
and underground workings, plus it is a fully permitted mine.
FULL DISCLOSURE: Advance Gold is an advertising client of AGORA Internet Relations Corp.
For further information, please contact: Allan Barry Laboucan, President and CEO Phone: (604) 505-4753 Email: [email protected]
Posted by AGORACOM-JC
at 8:33 AM on Thursday, February 21st, 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.
——————-
Report: Bank of China Joins New Blockchain Platform for Property Buyers
Property development firm New World Development and the Hong Kong Applied Science and Technology Research Institute (ASTRI) will jointly launch a blockchain platform for home buyers with the Bank of China reportedly being the first bank user.
Property development firm New World Development and the Hong Kong
Applied Science and Technology Research Institute (ASTRI) will jointly
launch a blockchain platform for home buyers with the Bank of China reportedly being the first bank user. The news was announced by local news outlet the Standard on Feb. 20.
The platform reportedly aims to replace paperwork operations — such
as signing the Provisional Sale and Purchase Agreement or a mortgage
application — with digital authorization. This will supposedly allow
users to send the purchaser’s authorized, encrypted and digitally signed
provisional agreement to selected banks.
Integration of distributed ledger technology (DLT) into
organizations’ internal processes is estimated to help reduce banks’
operating costs by 15 to 60 percent, while the platform itself expects
to see an increase in the number of users.
ASTRI CEO Hugh Chow reportedly said that DLT could reshape property
market operations, resulting in efficient and flexible property buying
procedures, while the HKMA argued that DLT “allows all […] users in
the ecosystem to share customer information and transaction histories
securely over a distributed data infrastructure, without compromising
customer privacy or sensitive business information.”
Last August, Bank of China — one of the four largest state-owned banks in China — partnered
with financial services corporation China UnionPay (CUP) to jointly
explore blockchain technology applications for payment systems. Within
the initiative, CUP was set to build a unified port for mobile
integrated financial services, where cardholders will be able to use a
QR code to spend, transfer and trade on a cloud flash payment app.
In January, China’s self-regulatory bank organization, the China Banking Association (CBA), announced
it will launch a blockchain-based platform to improve efficiency across
the sector. The project, formally dubbed the “China Trade Finance
Inter-bank Trading Blockchain Platform,†aims to use blockchain to
target trade finance, transactions and other financial services.
China has been actively adopting blockchain technology in various sectors. Recently, the country’s government issued
the “Guiding Opinions on Rural Service Revitalization of Financial
Services.†The new framework aims to use emerging technologies like
blockchain to “improve the identification, monitoring, early warning,
and disposal levels of agricultural credit risks.â€
Posted by AGORACOM-JC
at 4:46 PM on Wednesday, February 20th, 2019
SPONSOR: Enthusiast Gaming Holdings Inc.
(TSX-V: EGLX) Uniting gaming communities with 80 owned and affiliated
websites, currently reaching over 75 million monthly visitors. The
company partial 2018 reported revenue of $7.4 million representing a
625% increase over the same period in 2017.
EGLX: TSX-V ———————————-
Any Brand Not Marketing in the Esports World Is Already Behind the Curve
It’s valued at $1.5 billion and has a reach of 385 million people globally
EGLX is one of the leading platforms for brands to reach the gaming and Esports Audience.
“Any Brand Not Marketing in the Esports World Is Already
Behind the Curve. It’s valued at $1.5 billion and has a reach of 385
million people globally.
Enthusiast’s network of 80+ gaming and Esports related
websites with over 75 million visitors on a monthly basis and 900 gaming
youtube channels reaching an additional 50 million visitors is well
positioned as a lead
Esports suffers from a gaming stigma, which has marketers hesitant to delve into the industry.
Getty Images
The conference circuit is rife with people preaching about disruption
and missed opportunities. Did you hear how Apple redefined the music
industry? How about how Uber rearranged the business of personal
transportation? I bet you have.
Well, what about that time when the marketing world sat on the sidelines and missed the video game revolution?
Yes, that happened, even though we don’t like to talk about it. As
early 8-bit console gaming grew into a $140 billion global juggernaut
that captured millions of eyeballs for billions of hours, we never quite
figured out the role of advertising within a gaming environment. Aside
from a few cool award-winning integrations (e.g., Verizon’s Minecraft
phone) and a niche market for in-game programmatic logo placements
(think, billboards in car racing games), the gaming landscape is
littered with dead pixels from ham-fisted, force-fit attempts at in-game
branding that annoyed gamers and disappointed advertisers.
Brands can participate via advertising, sponsorships and creative
activations much in the same way already they do with any analog sport.
We have a second chance to embrace gaming. One extra life, in the form of esports.
Marketers’ reaction to esports is typically rather black and white:
overt enthusiasm or adamant incredulity. Rest assured, fans really do
fill professional sports arenas to watch organized competitions among
skilled teams of video gamers. With a projected $1.5 billion market next
year, a global audience of 385 million people and an inordinate amount
of money being invested by the NFL, NBA and NHL along with big-name
former players (Michael Jordan, Magic Johnson and Shaq), many would
argue that esports is already the next big thing.
When one peels back the veneer, there’s actually a lot of familiar
territory for brands to explore in esports. The model of
event/broadcast/influence prevails in every major traditional sport;
esports is no different, other than using screens in place of a playing
surface. The esports world revolves around a growing network of
tangentially aligned teams, leagues and tournaments. Like their
counterparts on the ice, parquet and grass, esports stars wield a great
amount of social influence. Feeding off social currency and monetary
value from posting videos on Twitch and YouTube, gaming stars are rising
fast. The best earn millions of dollars a year from their craft and
have followings that eclipse even the most popular analog athletes.
Brands can participate via advertising, sponsorships and creative
activations much in the same way already they do with any analog sport.
There’s no pressure to solve the conundrum of in-game advertising; the
value lies in the surrounding media and opportunities. Esports should be
a slam dunk for advertisers: Fans pack into arenas, devotedly follow
their favorite gamers and watch competitions at home via TV and online
streams. That’s right in our wheelhouse.
So why aren’t brands and agencies flocking to esports?
To be fair, some have found their way. Endemic industries and some
brave consumer-focused brands have jumped in feet-first. But the gold
rush is not on yet. Esports suffers from a stigma passed down from video
gaming, the misperception that fans are reclusive tweens and unemployed
teens who spend their days worshipping at the altar of Xbox or the
sanctum of PlayStation. It’s a popular belief that happens to be wrong.
Esports fans skew older (traditionally males between the ages of 21 to
35), and with higher income than marketers generally give them credit
for.
There is a generation gap in perception, perhaps a bit of cynical
generation gap. The tone used by people who don’t understand esports is
similar to that which is directed at snowboarders in that sport’s early
days, as if it were somehow an abomination just because it was new.
We blew it with gaming all those years ago, but let’s not do it again
with esports. Now is the time for us to take this growing industry
seriously. There are only so many multi-billion-dollar trends that come
around.
We’ve got that extra life. What will we do with it?
Posted by AGORACOM-JC
at 4:29 PM on Wednesday, February 20th, 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.
——————-
Why blockchain may be blockchain’s best cybersecurity option
One of the hallmark features of blockchain is that it is supposedly
much more secure, adding remarkable levels of transparency that could
help better identify and mitigate cyber threats. But, at a time when we’re approaching 2,000 blockchain projects in development worldwide, watching thousands of crypto miners do their thing each day and seeing billions of investment dollars pouring in each year, are we taking warnings about potential threats seriously? Has the greater community taken some aspects of blockchain’s security for granted? The hard truths reveal affirmatives to both questions.
There are multiple ways that enthusiasts can contribute to their
favorite blockchain projects – whether that’s mining, staking or
operating all types of nodes. Regardless of what they’re doing, these
private deployments require an investment of time, money and effort to
set up, so the last thing anyone wants is to fall victim
to hackers. Unfortunately, people often don’t invest as much energy in
securing their deployments as they do in getting their different
features to work and scale, making the hacker threat very real.
Various attacks have already been seen
on mining software, and there have been multiple high-profile thefts
that were worth a lot of money. Tokens in staking wallets make very
attractive targets. Malicious actors have successfully infected
enterprise infrastructures with sneaky mining malware, called cryptojacking; and in 2016, Hong Kong-based exchange platform Bitfinex was hacked,
resulting in more than $60 million (at the time) of crypto losses. The
fact is that a victim may not even realize they’ve been hacked until
it’s too late. Savvy hackers are careful to cover their tracks and siphon only a portion of tokens at a time.
Another emerging security challenge in the crypto community is the potential exposure of sensitive metadata through common actions like checking balances, initiating transactions or just receiving block updates. This was recently called out
by Ethereum Core Developer Peter Szilagyi. While metadata may seem
harmless, it can lead to exposing the physical location of a blockchain
deployment, which is something most would prefer to avoid. Why is it
important to call out some of these threats?
The difficulty of securing blockchain projects with traditional security applications
Addressing these and other threats today can lead you down a rabbit hole. Some of the chatter on BitcoinTalk forums reveals
useful advice – often learned the hard way – about using virtual
private networks (VPNs) and firewalls to secure deployments. However,
these discussions are often light on more specific details, especially
on adequately configuring protective applications. As you dig deeper,
you can get lost in threads upon threads detailing which ports need to
be opened for each blockchain and which should be locked down. That’s
all to say that solutions like traditional VPNs and firewalls to protect
blockchain networks are possible solutions, but it’s difficult, messy
and sometimes fragile.
And it’s not just necessarily fragile in the sense of penetrable, but
even more so in that one misstep or misconfiguration could open the door
to vulnerabilities. What you’re left with is a security fig leaf: a
false sense of safety actually covering for a gaping hole.
Then there is the centralized nature of network traffic management
itself, as it is largely managed by a few centralized internet service
providers (ISPs), which are vulnerable to threats like routing attacks.
In fact, research previously suggested that just 13 ISPs host 30 percent of the Bitcoin network, while just three ISPs route 60 percent of the transaction traffic.
Making blockchain work for blockchain
So how can we be sure that the networks blockchain developers and
crypto miners use are secure? The answer may be to fuse network security
directly into blockchain implementations. For example, secure channels
for data transport using packet-level encryption can be enabled by
default for any deployment, rather than enabling with a separate
solution like a VPN. VPNs not only require specialized knowledge to set
up and maintain, but also introduce a central authority and point of
failure into an otherwise decentralized system. Isn’t decentralization
one of the main points of blockchain?
It’s also essential that peers establish secure connections between
all nodes in a network so traffic is securely transported. Many existing
networks may have transport layer security
(TLS) for encryption, and some networks still have its predecessor,
secure sockets layer (SSL). But neither may be enough in today’s complex
cybersecurity environment, especially as it relates to metadata.
Instead, directly building in things like network layer virtualization
and traffic proxying within a blockchain implementation would make
protecting traffic much easier.
Speaking of protecting traffic, by managing traffic routing and
packet processing with rules stored in blockchain-based smart contracts,
users could simplify deployment and maintenance of rules across
multiple machines instead of updating them individually. Furthermore,
this configuration allows developers to define their own network traffic
rules, such as conditioning on packet-level features to spot common phishing strategies
(e.g. a misleading website, similar to a trusted one, is sent to lure
in a user). However, these framework ideas are just the beginning,
especially with an enthusiastic blockchain developer community.
Developers should take the initiative to build their own decentralized
security applications for anti-phishing, anti-malware, intrusion
detection and distributed VPNs to deploy on the global blockchain.
The bottom line is that it’s not enough to just trust blockchain’s
security because of more transparency than other technological data
security and privacy methods. Developers, miners and even enterprises
need to look at the entire digital ecosystem when considering security,
as every single point provides savvy hackers a weak link to exploit. As
blockchain investment continues to skyrocket and the crypto markets
continue to diversify – even with the recent slowdown – we will see more
unique and sophisticated examples of cyber criminals penetrating
blockchain’s security veneer.
That’s the paradoxical ratio of technology: for as many positive
innovations that tech creates, there almost is an equal amount of
sinister “innovations†to match. This is most certainly true regarding
blockchain. The key is to keep discussing threats to blockchain to
inspire those securing it.
Tags: blockchain, stocks, tsx Posted in ThreeD, ThreeD Capital | Comments Off on ThreeD Capital Inc. $IDK.ca – Why #blockchain may be blockchain’s best cybersecurity option $HIVE.ca $BLOC.ca $CODE.ca
Posted by AGORACOM-JC
at 11:25 AM on Wednesday, February 20th, 2019
SPONSOR: Esports Entertainment
$GMBL Esports audience is 350M, growing to 590M, Esports wagering is
projected at $23 BILLION by 2020. The company has launched VIE.gg
esports betting platform and has accelerated affiliate marketing
agreements with 190 Esports teams. Click here for more information
GMBL: OTCQB
———————–
Global Esports Economy will Exceed $1 Billion This Year
Growing popularity and viewership of esports across the world has given rise to plenty of leagues and tournaments over the past few years.
So much so that the global esports revenue is expected to hit $1.1 billion this year.
Pooja Singh Features Editor, Entrepreneur Asia Pacific
The growing popularity and viewership of esports across the world has
given rise to plenty of leagues and tournaments over the past few
years. So much so that the global esports revenue is expected to hit
$1.1 billion this year.
According to predictions from leading analysts at market research
company Newzoo, the esports market will for the first time exceed the
billion-dollar revenue mark, a year-on-year growth of 26.7 per cent.
Newzoo’s “2019 Global Esports Market Report†estimates the global
esports audience will grow to 453.8 million worldwide in 2019, a
year-on-year growth of 15 per cent, and will consist of over 200 million
esports enthusiasts and more than 250 million occasional viewers. As
the esports market matures and the number of local events, leagues, and
media rights deals increases, we anticipate the average revenue per fan
to grow to $6.02 by 2022, the report says.
“Esports’ impressive audience and viewership growth is a direct
result of an engaging viewership experience untethered to traditional
media,†says Newzoo chief executive Peter Warman. “Plenty of leagues and
tournaments now have huge audiences, so companies are positioning
themselves to directly monetize these Esports Enthusiasts. While this
began happening last year, the market is constantly expanding on its
early learnings. The result: 2019 will be the first billion-dollar year
for esports, a market that will continue to attract brands across all
industries,†he adds.
Investment is the Driver
Endemic and non-endemic brand investments (media rights, advertising,
and sponsorship), the report says, will make for 82 per cent of the
total market. The highest-grossing individual esports revenue stream
worldwide is sponsorship, generating $456.7 million in 2019. The
fastest-growing esports revenue stream by far is media rights, it adds.
Besides non-endemic brands, digital broadcasters and TV media
companies have already started to compete for esports content and the
extent to which these deals will generate a direct return on investment
will impact the pace of media rights growth. Other ongoing developments
that have high revenue potential include increased esports franchising,
new content formats and premium passes, the success of mobile gaming,
team profitability, and the success of new focus on professionals and
streamers as brands.
Considering the current growth, Newzoo estimates the esports market
will reach $1.8 billion by 2022. If any of these factors accelerate, a
more optimistic scenario places revenue at $3.2 billion, it says.
The China Effect
As per the report, China will generate $210.3 million in revenue this
year, overtaking Western Europe as the second-largest region in terms
of revenue. The country is notable for the growing popularity of mobile
esports, including casual titles.
North America, meanwhile, will once again be the largest esports
market, with revenue of $409.1 million. The report predicts that it will
show strong growth toward 2022, reaching $691.1 million. The largest
share of North America’s 2019 esports revenue will come from
sponsorship, at $196.2 million. Meanwhile, media rights will contribute
most to this growth and will remain the fastest-growing and
second-largest esports revenue stream in the region.
Posted by AGORACOM
at 10:08 AM on Wednesday, February 20th, 2019
Acquired the Southwest Golden Promise Property, covering an area of 1000 hectares, is centered approximately 4 kilometers west of the southern-most region of the Company’s Golden Promise Property
Historic (2008) approximately 260-meter long northeast-southwest gold soil anomaly trend including one reported sample of 7,667 ppb gold (7.6 g/t gold).
Historic (2008) approximately 260-meter long northeast-southwest gold soil anomaly trend including one reported sample of 7,667 ppb gold (7.6 g/t gold).
VANCOUVER, BC / ACCESSWIRE / February 20, 2019 / GREAT ATLANTIC RESOURCES CORP. (TSXV.GR) (the ”Company” or ”Great Atlantic”) is pleased to announce it has acquired, through staking, the Southwest Golden Promise Property, located in the central Newfoundland gold belt. The property, covering an area of 1000 hectares, is centered approximately 4 kilometers west of the southern-most region of the Company’s Golden Promise Property. The Southwest Golden Promise Property covers gold soil anomalies (up to 7.6 g/t) and reported gold-bearing quartz float (up to 6.7 g/t).
Highlights for the Southwest Golden Promise Property include:
Historic
(2008) approximately 260-meter long northeast-southwest gold soil
anomaly trend including one reported sample of 7,667 ppb gold (7.6 g/t
gold).
Reported visible gold in historic panned soil samples.
Within the Exploits Sub-Zone adjacent to and along the southeast margin of the Red Indian Line, a major (Appalachian-scale) collisional boundary, and suture zone.
The
primary target within the Southwest Golden Promise Property is an
approximately 260-meter long northeast-southwest trending zone of
historic gold soil anomalies. Multiple 2008 soil samples within this
trend are reported to have returned anomalous values for gold including
eight samples in the 36-82 ppb gold range. Two quartz float samples
collected during 2009 within this anomalous zone were reported to 6.78
g/t and 2.44 g/t gold. Panned soil samples at two of three sites within
this anomalous zone were reported to yield gold flakes.
Great
Atlantic’s Golden Promise Property is located east and northeast of the
Southwest Golden Promise Property. The Golden Promise Property remains
the Company’s focus in the central Newfoundland gold belt. The Golden
Promise Property hosts multiple gold bearing quartz veins, the most
advanced being the Jaclyn Main Zone. The Company recently announced a
mineral resource estimate for the Jaclyn Main Zone (see the Company’s
News Release of December 6, 2018). A gold bearing vein referred to as
Linda / Snow White vein occurs in the southwest region of the Golden
Promise Property. Reported historic surface samples at the Linda /Snow
White vein include grab samples of 105 and 232 g/t gold and a channel
sample of 29.7 g/t gold over 0.5 meters. The best reported historic
drill hole intersection (2006) at the Linda / Snow White vein was 19.5
g/t gold over 1.15 meters (core length).
Similar to the Company’s
Golden Promise Property, the Southwest Golden Promise Property is
located within the Exploits Subzone of the Newfoundland Dunnage Zone.
Within the Exploits Subzone, both properties lie along the
north-northwestern fringe of the Victoria Lake Supergroup (VLSG), a
volcano-sedimentary terrane. The northwestern margin of both properties
occurs proximal to, and, in part, contiguous with a major
(Appalachian-scale) collisional boundary, and suture zone, known as the
Red Indian Line (RIL). The RIL forms the western boundary of the
Exploits Subzone. Recent significant gold discoveries in this region of
the Exploits Subzone include those of Sokoman Iron Corp. (TSXV.SIC) at the Moosehead Project and Marathon Gold Corp. (TSXV.MOZ) at the Valentine Lake Gold Camp.
Sokoman Iron Corp. (TSXV.SIC) recently
announced a high-grade gold discovery on its Moosehead Property,
located approximately 40 kilometers east-northeast of the Golden Promise
Property. The discovery was made during the 2018 diamond drilling
program. A drill intersection of 44.96 g/t gold over 11.90 meters core
length was reported including a 1.35 meters core length quartz vein
intersection of 385.85 g/t gold (Sokoman Iron Corp. News Release of July
24, 2018). The Valentine Lake Gold Camp of Marathon Gold Corp. (TSXV.MOZ) is
located approximately 55 kilometers southwest of the Golden Promise
Property. As reported on Marathon’s website, the Valentine Lake Gold
Camp currently hosts four near-surface, mainly pit-shell constrained,
deposits with measured and indicated resources totaling 2,691,400 oz. of
gold at 1.85 g/t gold and inferred resources totalling 1,531,600 oz. of
gold at 1.77 g/t. Readers are warned that mineralization at the
Moosehead Property and Valentine Lake Gold Camp is not necessarily
indicative of mineralization on the Golden Promise Property.
Readers
are warned that historical records referred to in this News Release
have been examined but not verified by a Qualified Person. Further work
is required to verify that historical records referred to in this News
Release are accurate.
David Martin, P.Geo., a Qualified Person as
defined by NI 43-101 and VP Exploration for Great Atlantic, is
responsible for the technical information contained in this News
Release.
About Great Atlantic Resources Corp.: Great
Atlantic Resources Corp. is a Canadian exploration company focused on
the discovery and development of mineral assets in the resource-rich and
sovereign risk-free realm of Atlantic Canada, one of the number one
mining regions of the world. Great Atlantic is currently surging forward
building the company utilizing a Project Generation model, with a
special focus on the most critical elements on the planet that are
prominent in Atlantic Canada, Antimony, Tungsten and Gold.
On Behalf of the board of directors
”Christopher R Anderson”
Mr. Christopher R. Anderson “Always be positive, strive for solutions, and never give up” President CEO Director 604-488-3900 – Dir
Posted by AGORACOM
at 9:14 AM on Wednesday, February 20th, 2019
The most significant gold drill intersections (core length) from the phase 3 diamond drilling on the COD vein are as follows:
COD18-3: 14.62 g/t Au over 2.1 metres;
COD18-26: 10.30 g/t Au over 1.4 metres recovered core (within 2.35-metre interval);
COD18-28: 11.30 g/t Au over 0.51 metre;
COD18-33: 8.65 g/t Au over 2.98 metres;
COD18-34: 6.16 g/t Au over 3.41 metres;
COD18-37: 8.23 g/t Au over 3.95 metres;
COD18-45: 50.10 g/t Au over 2.05 metres;
COD18-46: 54.90 g/t Au over 1.47 metres;
COD18-49: 9.52 g/t Au over 1.47 metres;
COD18-54: 7.60 g/t Au over 1.66 metres.
The 2018 drilling program also tested the continuation of the Everest vein, which is located southwest of the COD vein work site. Chip samples collected in 2017 across the approximate 0.4-metre-wide vein exposure returned up to 52.8 g/t gold and 377 g/t silver, while a grab sample of a quartz vein boulder broken off the outcrop by the excavator returned 81.8 g/t gold and 630 g/t silver (news release of Aug. 21, 2017).
The Everest vein 2018 drill holes are located approximately 350 to 800 metres south of the area of 2017 and 2018 COD vein drill holes. High gold intersections (core length) from the phase 3 drill program at the Everest vein include (news release of July 19, 2018, and Sept. 13, 2018):
FULL DISCLOSURE: GGX Gold is an advertising client of AGORA Internet Relations Corp.
Tags: #BCGold, #GGXgold, #silver, #tellerium, gold Posted in GGX Gold Corp. | Comments Off on CLIENT FEATURE: GGX Gold’s 2018 Exploration Program at Gold Drop Demonstrates High Grade Potential $K.ca $GZD.ca $TUSK.ca $XIM.ca
Posted by AGORACOM-JC
at 5:01 PM on Tuesday, February 19th, 2019
SPONSOR: New Age Metals Inc.
(TSX-V: NAM) The company’s new Lithium Division has already made
significant acquisitions in Canada and the USA. The company also owns
one of North America’s largest primary platinum group metals deposit in
Sudbury, Canada. Learn More.
NAM: TSX-V
———————
Palladium eyes $1,500 in record surge; gold hits 10-month high
Simon Dawson | Bloomberg | Getty Images
Gold will continue to shine amid a weak dollar, says author and gold pro Jim Rickards.
Palladium scaled a record peak to within striking distance of the $1,500 level on Tuesday fuelled by a sharp supply deficit, while bullion rose 1 percent to hit a 10-month high on a weaker dollar and global growth jitters.
Spot palladium was up 1.68 percent at $1,481.50 per ounce by 2:02 p.m. EST, having earlier soared to an all-time high of $1,491.
A sustained deficit in supply was likely to widen this year as
stricter emissions standards increase demand for catalytic converters,
Britain-based autocatalyst manufacturer Johnson Matthey said last week.
Adding to an already strained supply scenario for palladium, was the
likelihood of an improvement in demand from the auto sector, given the
expectations of a U.S.-China trade deal materializing, said Bart Melek,
head of commodity strategies at TD Securities in Toronto.
“If we were already high and tight when the demand environment didn’t
look all that promising, we are certainly going to get tighter when
demand improves,” he said.
A new round of trade talks between Washington and Beijing was scheduled for Tuesday.
While both platinum and palladium are primarily used by automakers in
catalytic converters, platinum is more heavily used in diesel vehicles,
which have fallen out of favour since Volkswagen’s emissions-rigging
scandal broke in 2015.
Unlike platinum, palladium has benefited from the switch away from
diesel engines and expectations for growth in hybrid electric vehicles,
which tend to be partly gasoline-powered.
This has helped cushion the metal from falling car sales globally.
However, analysts said palladium has risen too fast too soon and was bound for a correction.
“Palladium is a bubble and is moving much above what fundamentals
suggest,” said Gianclaudio Torlizzi, managing director at consultancy
T-Commodity in Milan.
Meanwhile, the dollar backed away from a two-month high hit last week
on increasing optimism for a breakthrough in the trade talks,
bolstering appeal for gold.
Spot gold gained 0.86 percent to $1,337.51 per ounce, having earlier touched its highest since April 20 at $1,341.18. U.S. gold futures settled $22.70 higher at $1,344.80.
“We are getting more evidence of slowing (global) growth,” said SP Angel analyst Sergey Raevskiy.
“There were some dovish comments from Bank of Japan and the European Central Bank.”
Dovish signals from Japan’s central bank and the ECB compounded
worries over a global slowdown, and followed weak data from the United
States and China.
Also, investors will scan the minutes of the U.S. Federal Reserve’s
last policy meeting on Wednesday for more guidance on interest rate
increases this year. Higher rates tend to weigh on non-yielding gold.
Among other precious metals, platinum gained 1.9 percent at $817.23 per ounce, while silver rose 0.92 percent to $15.94.
Tags: PGM, PGM Demand, tsx-v Posted in All Recent Posts, New Age Metals | Comments Off on New Age Metals Inc. $NAM.ca – #Palladium eyes $1,500 in record surge; gold hits 10-month high $WG.ca $XTM.ca $WM.ca $PDL.ca
Posted by AGORACOM-JC
at 11:44 AM on Tuesday, February 19th, 2019
SPONSOR: North Bud Farms Inc. (NBUD:CSE) Sustainable low cost, high
quality cannabinoid production and procurement focusing on both
bio-pharmaceutical development and Cannabinoid Infused Products. Click Here For More Information
NBUD: CSE
—————
Cannabis-Infused Beverages to Launch in Canada by This Fall
For some brand-name beverage companies, this launch date can’t come quickly enough.
Marijuana investors are bubbling over with excitement, and who can blame them as this once-taboo industry ramps up production and rolls out the red carpet for consumers
Last year, Canada wound up ending nine decades of recreational marijuana prohibition and became the first industrialized country in the world to give the green light to adult-use weed.
 Sean Williams (TMFUltraLong) Feb 19, 2019 at 7:21AM
Marijuana investors are bubbling over with excitement, and who can blame them as this once-taboo industry ramps up production and rolls out the red carpet for consumers.
Last year, Canada wound up ending nine decades of recreational
marijuana prohibition and became the first industrialized country in the
world to give the green light to adult-use weed. According to some
estimates, this should allow the Canadian weed industry to grow sales to
nearly $6 billion a year by 2022. Taking into account that two-thirds
of all U.S. states have legalized pot in some capacity, and Mexico is
getting ever closer to a broad-based legalization of weed, the North
American market is looking very conducive to investment.
Image source: Getty Images.
Most alternative marijuana products aren’t legal right now
However, the marijuana industry isn’t nearly as cut and dried as you
might think. It’s about more than simply growing dried cannabis flower
and selling it. In fact, if growers simply chose to focus on dried
flower, they’d probably get creamed if the U.S. states of Colorado,
Washington, and Oregon serve as an example. Over time, dried marijuana
flower becomes an oversupplied and commoditized product, leading to a
decline in per-gram pricing and reduced margins for those weed companies
that lack portfolio diversity.
In order to combat this, growers need to think outside the box. The
way they do this is by focusing on alternative cannabis product options,
such as cannabidiol (CBD) oils, vapes, sublingual sprays, lotions and
balms, edibles, and cannabis-infused beverages. These are significantly
higher-priced and higher-margin products than traditional dried flower,
and they’re far less susceptible to future pricing pressure relative to
dried cannabis.
But there’s just one problem: Most of these alternative products aren’t legal
— even in Canada. When the Cannabis Act was passed by Parliament,
dried flower, sublingual sprays, and cannabis oil were given the green
light, while edibles and infused beverages, arguably the two most
attractive means for retailers to drive foot traffic and lure in
first-time consumers, have remained illicit. Thankfully for growers and
investors, this is soon to change.
Recently, Health Canada outlined its game plan
on alternative consumption options. The goal, per the regulatory
agency, is to have all alternative cannabis products, with the exception
of infused beverages containing alcohol, approved for sale by no later
than Oct. 17, 2019, which would mark the one-year anniversary of
recreational weed going on sale in Canada. As such, brand-name beverage
companies and their cannabis partners are preparing for launch.
Image source: Getty Images.
Beverage makers and pot stocks are bubbling with anticipation
The expected release of cannabis-infused beverages can’t come a moment too soon for Molson Coors Brewing (NYSE:TAP), which became the first major beverage producer to announce a joint venture or partnership with a pot grower last year. The joint venture between Molson Coors and HEXO (NYSEMKT:HEXO), known as Truss, is expected to begin putting nonalcoholic cannabis-infused beverages on retailers’ shelves by this fall.
Last week, Molson Coors reported its fiscal fourth-quarter and
full-year earnings, and they demonstrated just how badly a spark is
needed for this company. Sales in the U.S. and Canada, which have
traditionally been its bread-and-butter markets, fell 7% and 5%,
respectively, on a constant-currency basis during the fourth quarter.
The company’s market share of the beer market in Canada has, in
particular, been falling precipitously for about a decade. With the
exception of the company’s limited but growing premium beer offerings,
its major beer brands have really been a drag. And as icing on the cake,
tax accounting errors forced it to restate its full-year 2016 and 2017
results.
Being able to work with HEXO to put a premium product in front of
consumers, and having 57.5% ownership in the Truss joint venture, with
HEXO owning the remainder, puts Molson Coors in the driver’s seat to
reap the rewards of an expanded beverage portfolio.
Image source: Getty Images.
The big question
What remains to be seen is if cannabis-infused beverages will actually be needle movers for any of the companies involved.
For a smaller company like HEXO, which is still in the relatively
early stages of ramping up production capacity and aiming for its 108,000 kilograms in peak annual output,
a 42.5% share of infused beverage sales come the fourth quarter of the
existing calendar year could be quite nice. With just over 75 million
Canadian dollars in sales expected in fiscal 2019, infused beverage
sales as a percentage of total sales will likely be higher at HEXO than
at any other company.
As for Molson Coors Brewing, this is a company that regularly
generates close to $11 billion in annual sales. Although it might be the
first beverage maker to have really dipped its toes into the pond, it
won’t be the last. Competition is building, and there are no guarantees
that it will provide much of a lift to the company’s sliding Canadian
sales. Mind you, I’m not faulting Molson Coors one iota for moving into
the cannabis space, which is a smart maneuver from a growth perspective.
But expecting infused beverages to be a panacea for its North American
sales slide is probably being far too optimistic.
Tags: Hemp, stocks, tsx Posted in North Bud Farms Inc | Comments Off on North Bud Farms Inc. $NBUD.ca – Cannabis-Infused Beverages to Launch in Canada by This Fall $ACB $WEED.ca $HIP.ca
