Posted by AGORACOM-JC
at 10:30 AM on Monday, December 10th, 2018
SPONSOR: Bougainville Ventures Inc (CSE: BOG) Converting irrigated farmland to greenhouse-equipped farmland. Bougainville does not “touch the plant†and only provides agricultural infrastructure as a landlord for licensed marijuana growers.
————————–
While marijuana stocks have pulled back with the chaos of the broader
markets in late 2018, we cannot forget about the countless catalysts
that are still out there.
One of the major catalysts involves mergers and acquisitions.
Alcohol companies have had significant interest, for example.
Months ago, Constellation Brands increased its stake in Canopy Growth (CGC) by $4 billion.
That came just months after Constellation first took a 10% stake in
Canopy to help create nonalcoholic cannabis-infused drinks and other
products.
All, as sales of beer fall in the United States,
brewers have begun to bet that legalization of marijuana around the
globe, especially the United States, will continue to build momentum and
sales of cannabis products will take off.
Molson Coors even
listed legal cannabis among the biggest possible risks to its business
in its annual shareholder report. Even Coca-Cola expressed some interest
at one point.
Now, cigarette makers are jumping into the fray, too.
For example, shares of Cronos (CRON) rocketed higher last
week on news that Altria Inc. took at 45% stake in the company for $1.8
billion.
“Investing in Cronos Group as our exclusive partner in
the emerging global cannabis category represents an exciting new growth
opportunity for Altria,” said Howard Willard, Altria’s CEO, as quoted by
CNN.
Talks started, as the tobacco industry comes under
pressure, as sales have begun to sharply decline. Just last year,
cigarette smoking fell to its lowest point in history. Marijuana sales
may bring back some of that lost revenue, though.
According to
CNBC, “Counting both legal and black-market sales, the total demand for
pot is approximately $52.5 billion, Marijuana Business Daily has
reported.â€
This could potentially lead to other major M&A
deals in the industry following Altria and Constellation news. If
nothing else, such major deals provide further evidence that the
opportunities in the global marijuana industry are much more than just
hype.
For Altria to invest $1.8 billion in a company isn’t small change.
We wouldn’t be shocked to see other pot stocks see further M&A interest moving forward.
Stay tuned for more on potential deals right here.
Tags: Hemp, Marijuana, THC Posted in Bougainville Ventures | Comments Off on Bougainville Ventures (BOG:CSE) – Marijuana M&A: Altria Group Opens the Door to Major Deals $CROP.ca $VP.ca NF.ca $MCOA
Posted by AGORACOM-JC
at 12:00 PM on Sunday, December 9th, 2018
Metis Management Consultancy will work closely with KoreConX’s office in Dubai
[New
York, NY – December 09, 2018] – KoreConX, the first
all-in-one platform for companies to manage their business activities, is
partnering with Metis Management Consultancy, a UAE-grown consultancy firm
focused on providing services to SMEs in the MENA region. The company will
become part of the KorePartner’s Ecosystem, a group of selected companies that
works closely with KoreConX to ensure that small and medium enterprises have
all the elements they need to thrive.
In addition to providing businesses with an all-in-one solution for
their management pain points, KoreConX also developed its own fully-compliant
Security Token Protocol, using IBM’s Hyperledger Fabric, a permissioned
Blockchain. Using KoreConX’s platform, companies are able to issue their
Security Tokens (Tokenized & Digitized Securities) and raise capital in
multiple jurisdictions.
“Blockchain plays a crucial role in everything that we do at KoreConX.
Dubai is taking this technology to the next level, by planning to make the city
fully powered by Blockchain by 2020,†said Edwin Lee, director of MENA Region.
“Dubai is the place to be when advancing into new technologies and Metis is the
company that shares our high standards when it comes to providing companies
with the best advice.â€
The same feeling is shared by Metis Management Consultancy team.
“We always strive to provide companies with high-quality consulting
services and access to the latest tools†said Nayef Shahin, Founder and
Managing Partner at Metis. “It is only natural to partner with KoreConX, a team
with a deep understanding of compliance, securities regulations and the one to
create the only protocol that is fully tracked on chain through their transfer
agent service.â€
In UAE, SMEs account for over 90 per cent of private enterprises and
contribute to nearly 47% of Dubai’s GDP and 52% of its workforce. It is
therefore a top priority this sector has access to cutting-edge knowledge,
technology and funding.
Metis Management Consultancy is part of the KorePartner ecosystem, a
group of selected broker-dealers, secondary market platforms, capital markets
platforms, lawyers, compliance, investor relations, accounting, and marketing
firms that support the KoreConX security token protocol and adhere to KoreConX
governance standards. KoreConX’s KorePartners are from around the globe and
bring the necessary expertise that a company will need to launch a fully
compliant security token in multiple jurisdictions.
About KoreConX
KoreConX is the world’s first highly-secure
permissioned blockchain ecosystem for fully-compliant tokenized securities
worldwide.
To ensure compliance with securities
regulation and corporate law, the KoreConX all-in-one, AI-based blockchain
platform manages the full lifecycle of tokenized securities including the
issuance, trading, clearing, settlement, management, reporting, corporate
actions, and custodianship. KoreConX connects companies to the capital markets
and secondary markets facilitating access to capital and liquidity for private
investors.
KoreConX is the first secure, all-in-one
platform for private companies to manage their capital market activity and
stakeholder communications. Removing the burden of fragmented systems and
inefficient tools across multiple vendors, KoreConX offers a single environment
to connect companies, investors and broker/dealers. Leveraged for investor
relations and fundraising, private companies can share and manage corporate
records and investments including portfolio management, capitalization table
management, virtual minute book, security registers, transfer agent services
and virtual deal rooms for raising capital.
Metis Management Consultancy is a leading SME business
advisor consultancy in the region. Their mission is to enhance their clients’
corporate value by providing them access to tier quality consulting services
and expertise across their business domains. Metis make sure that each business
gets its own tailored solution according to their own wants and needs while
providing direction, guidance, and innovative services to turn their clients’
corporate vision and strategy into operational reality and success.
Posted by AGORACOM-JC
at 4:02 PM on Friday, December 7th, 2018
SPONSOR: Tartisan Nickel (TN:CSE) The company’s 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
—————–
-Vale, the Brazilian mining giant built on supplying the world’s steel mills with iron ore, is now betting on the electric vehicle (EV) revolution to turn its nickel division around.
-“We believe in this revolution to come,†Chief Executive Fabio
Schvartsman told analysts at the company’s investor day presentation in
New York this week.
LONDON (Reuters) – Vale, the Brazilian mining giant built on
supplying the world’s steel mills with iron ore, is now betting on the
electric vehicle (EV) revolution to turn its nickel division around.
FILE PHOTO: The logo of Vale SA is pictured in Rio de Janeiro, Brazil, August 7, 2017. REUTERS/Ricardo Moraes/File Photo
“We believe in this revolution to come,†Chief Executive Fabio
Schvartsman told analysts at the company’s investor day presentation in
New York this week.
The use of nickel in lithium ion batteries will translate into at
least 500,000 tonnes of extra demand by 2025, according to Vale, which
is planning to play a leading role in meeting the additional need for
high-grade metal.
However, to do so, it will have to turn around its troubled New
Caledonian operations, a task described by Schvartsman as “maybe our
biggest challengeâ€.
It will also have to gamble that Chinese players led by the Tsingshan
steel group don’t make the technological breakthrough that would allow
them to convert nickel ore straight into battery-grade nickel.
That would undermine demand for the sort of high-purity material, so-called Class I nickel, that Vale specializes in producing.
STILL WAITING FOR GORO
Vale had been hoping to attract a partner for its Vale New Caledonia (VNC) operations but evidently without success.
It will now go it alone.
What was originally known as the Goro project has been strewn with
operational problems ever since it came on stream, two years late, in
2011.
In theory, it’s perfectly positioned to ride the EV revolution,
producing the right sort of nickel for processing into batteries with a
by-product stream of cobalt, another hot battery metal.
In practice, Vale has never fully mastered the high-pressure-acid-lead (HPAL) technology used to convert ore to nickel oxides.
The original plan envisaged a three-year ramp-up to nameplate
capacity of 58,000 tonnes of nickel in oxide and hydroxide. In 2017, its
sixth year of operation, it managed 40,000 tonnes.
Alas, even that good run hasn’t lasted into 2018.
Production of what Vale terms “finished nickel products from VNC
source material†fell 17 percent in the first nine months of the year to
24,200 tonnes and VNC reported an operating loss of $42 million in the
third quarter itself.
Vale management is undeterred.
It has, according to Eduardo Bartolomeo, head of the company’s base
metals division, commissioned a “very detailed study to know exactly why
we can’t achieve our nameplate capacity.â€
The study found that there is no “insurmountable†bottleneck in the
plant and Vale’s goal is now to invest $500 million to get the plant
operating at 50,000 tonnes per year of nickel products over a two- to
three-year time horizon.
It’s not the first time senior Vale management has vowed to fix Goro,
but the new-found incentive is the coming electric vehicle revolution.
The decision to double down on New Caledonia is “very simpleâ€,
according to Schvartsman. “We will need this operation in order to
supply the market because of the growth in the consumption for
batteries.â€
TSINGSHAN CHALLENGE
That is, unless Chinese steel giant Tsingshan can make good on its
ambitions to build an Indonesian plant that can convert nickel ore
straight into battery-quality material.
Since Tsingshan’s original announcement in September, the London
Metal Exchange (LME) nickel price has fallen from just under $13,000 per
tonne to a current $11,000.
Nickel’s shiny electric vehicle premium has been blown away by the
prospect of Indonesia’s abundant nickel ore production, currently
exclusively destined for the stainless steel sector, being diverted into
meeting battery demand.
Such an eventuality could also impact severely demand for the sort of premium nickel product currently produced by Vale.
No-one quite believes Tsingshan’s stated intention of building a
plant to produce 50,000 tonnes per year of contained nickel at a cost of
$700 million with first production next year. Particularly since it is
proposing to use the same HPAL technology that has challenged Vale and
other producers in recent years.
But based on Tsingshan’s track record of single-handedly propelling
Indonesia into the top ranks of stainless steel producers in super-quick
time, no-one’s quite sure either.
Vale’s Schvartsman conceded that “there is no question about the
ingenuity of the Chinese†and that over time “this technology will
become more competitive in their handsâ€.
But not next year, nor in all likelihood the year after.
To build a plant that size, using that technology with that amount of investment “is totally impossibleâ€, Schvartsman said.
Tsingshan’s September statement, according to Schvartsman, “is more
an issue of communication – there isn’t anything real behind it.â€
“Just talkâ€, agreed Bartolomeo, who noted it would take Tsingshan 18
months just to get a federal marine disposal license. “They have the
provisional license but the rules are very strictâ€.
NOW A BELIEVER
This time last year, when Vale was actively looking for an investment
partner in VNC, Schvartsman said it was a test of whether the market
really believed that “nickel is something that is important for the
future of EVs.â€
Would all the future promise “translate into someone who is eager to invest with us to have more nickel in the future�
The apparent negative response is in all likelihood far more to do
with Goro’s problematic past performance than nickel’s future prospects.
The metal seems on track to be an early winner in the materials
competition for lithium batteries, partly at the expense of cobalt on
price and supply stability grounds.
But the promise still lies largely in the future. Batteries only account for around 5 percent of total nickel demand.
Right now the price remains beholden to its traditional stainless
steel drivers. Stainless production ran hot through the first part of
this year but is cooling rapidly, an overlooked part of the recent price
sell-off.
Nickel inventories, meanwhile, remain elevated. Visible stocks on the
LME have been falling but there is a strong suspicion that part of the
decline has simply reflected statistically hidden stock building along
the supply chain.
Vale has around 60,000 tonnes of idled production capacity, taken off-line at the end of 2017 due to low prices.
That gives it plenty of optionality in lifting output as and when demand from the battery sector takes off.
Because one thing is for sure. Vale is now an official believer in the electric vehicle story.
To reap the full rewards, though, it needs to sort out once and for
all its problem child, Goro, and keep its fingers crossed that
Tsingshan’s announcement is, for now at least, “just talkâ€.
Tags: #mining, nickel Posted in All Recent Posts, Tartisan Nickel | Comments Off on Tartisan Nickel Corp. $TN.ca – Vale doubles down on #nickel ahead of #EV revolution: Andy Home $ROX.ca $FF.ca $EDG.ca $AGL.ca $ANZ.ca
Posted by AGORACOM-JC
at 2:00 PM on Friday, December 7th, 2018
Sponsor: Good Life Networks: Video advertising is the future! Company’s A.I. makes 80,000 calculations / second, targeting 750 million users to deliver higher prices and volume. The company achieved a record $9.7 Million in revenue for 2017 and recently announced entering the video game industry with programmatic technology. Click here for more information
——————
In 2018, more than $47 billion in the US was spent on programmatic display advertising with Facebook and Google taking a large chunk of the pie. By 2020, that figure will climb to nearly $69 billion.
After an intense two days spent at the world’s largest conference on programmatic advertising, Programmatic I/O, it was fascinating to see how US online publishers are utilising data and selling inventory programmatically.
In 2018, more than $47 billion in the US was spent on
programmatic display advertising with Facebook and Google taking a large
chunk of the pie. By 2020, that figure will climb to nearly $69
billion.
In the United States, there are an average of 14.5 programmatic
tech partners per publisher, whereas in South Africa, we have an
average of just three. This is not a bad situation to be in as our
ecosystem is less fragmented and we have more control over our
inventory. But it does highlight that programmatic is still in its
infancy here.
One of the US speakers, Taylor Schreiner at Adobe, said,
“Organisations are transforming to take advantage of programmatic.
Brands are now more hands-on. They have a better understanding of the
metrics they are facing, and they’re more specific in their directives
to agencies. We’re seeing more clients who now have people in the
organisation who are in a position to think about reach across
channels.â€
First party data, which is essential for publishers, was
another big theme that came through. It is a priority as it gives a
competitive advantage in fighting against the duopoly that is Google and
Facebook, who account for around 50% of programmatic revenue in the
US. Their amazing audience intelligence, reach and measurement
capabilities which advertisers are not going to pass up keeps them on
top.
Relationships are key in this fragmented industry. The display
ad tech Lumascape highlighted this fact. There are many touch points
available when it comes to making a deal and publishers need to ensure
they are talking to all parties involved. There is no such thing as ‘set
it and forget it’. Secondly, CPM rates are lost to tech costs and the
publisher comes out with only a fraction of what the seller initially
spends.
The issue of viewability
The issue of viewability came across a lot throughout the two
day conference. A viewable ad is defined as 50% of the pixels of a
regular creative or 30% of the pixels of a large size creative, are on
an in-focus browser tab on the viewable space of the browser page for a
minimum of one continuous second. (This description was even questioned a
few times by brands.) As far as many brands were concerned, 100%
viewability has to be a non-negotiable and advertisers/buyers should not
pay for a non-viewable ad.
Artificial Intelligence was also strong presence with a few
interesting developments on the cards. We can’t escape the fact that AI
is and will be an essential part of our lives. The Nest Cam Indoor
security camera, for instance, learns who the regular members of your
household are. If a stranger or visitor is in your home, Nest reports
back to you immediately via your connected device. The Ricoh whiteboard
is another great AI example – once you’ve made your notes on it you can
email the contents to anyone around the world, with full translation
capabilities. All of these things will add to the wonder that is big
data which ultimately will assist advertisers to better target
consumers.
And then there’s brand safety
It was evident that there’s a need for deeper conversations on
brand safety between publishers, agencies and brands who all need to
understand and explain what brand safety means to each of them. Some
brands mentioned that they won’t pay if creative appears in a negative
environment. However, they would consider an environment that has a
positive spin next to controversial content. Unfortunately, safety tools
are screening out these environments if the story contains blacklisted
key words. Private market places need to be of more help.
Ad fraud and fake news is rife in the US industry, and ad fraud
specifically, but on a lesser scale, here in South Africa. Publishers
are fighting hard against these practices and buyers are turning to
technology to assist with eliminating and reducing their ad spend on
these practices that deceive.
There are many types of ad fraud but in general challenges in
programmatic include invalid traffic (IVT), domain spoofing, page level
scripting, ad injection, and poor user experience. Low-quality human
traffic is another issue, through paid media channels (including click
bait) traffic is pushed to transit hubs by fake authors and
instantaneously bounce off these sites, purely to serve ads and receive
ad revenue. These are all things that advertisers and publishers need to
be cognisant of. Publishers need to adopt ads.txt as a non-negotiable
and advertisers need to be selective when buying inventory across the
open market.
I learned that a dollar in does not equal a dollar out when it
comes to programmatic and intermediaries are more prevalent than
thought. But most importantly, relationships are more important now than
ever before. Successful partnerships between publishers, agencies and
clients are open and honest about what works for them.
The conference gave invaluable insights into the world of
programmatic and even though we have some catching up to do, it’s an
exciting time in our industry.
Ashleigh Footit is head of techops, programmatic and performance
at SPARK Media. She was responsible for establishing the programmatic
division for the group in 2015 and have been one of the key drivers in
the implementation, management and success of Caxton’s Supply Side and
Data Management Platform.
Posted by AGORACOM-JC
at 10:42 AM on Friday, December 7th, 2018
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 an additional 42 Esports teams, bringing total to 176 Esports teams. Click here for more information
———————-
Magic: The Gathering tournaments, whether they’re informal
competitions at local game shops or large, formal affairs, have been an
institution for years. And as announced at the 2018 Game Awards, those
tournaments are now being brought into the esports arena with the reveal of Mythic Championship events and a pro league.
Magic: The Gathering has increasingly been digitized this year, with
the development of Magic: The Gathering Arena, a new way to play the
game online separate from the preexisting Magic: The Gathering Online.
Arena is currently in open beta for PC users, with a full release
planned for 2019. But even though awareness about Arena may benefit most
from this reveal, this new esports structure won’t just apply to the
digital version of the game.
The prize pool is split evenly between two ways to play the game. The
traditional tabletop game and Arena will each have a $5 million prize
pool, with a total of 10 tournaments that begin with the Mythic
Championship being held at next year’s PAX East.
The Magic Pro League, meanwhile, will include the 32 top-ranked
players in the world. Though everyday players will have means to qualify
for championship events (with more details promised for 2019), each of
these players is afforded automatic entry and are promised “competitive
pro contracts,” according to Wizards of the Coast.
Arena players can also receive an esports starter kit by entering the promo code “GameAwards.”
Posted by AGORACOM-JC
at 9:49 AM on Friday, December 7th, 2018
SPONSOR:Â Betteru Education Corp.Connecting global leading educators to the mass population of India. BetterU Education has ability to reach 100 MILLION potential learners each week.
Online Education for India
Online education has become popular among working professionals and
students in higher education. These categories of online learners find
immense benefit in the autonomy, and flexibility, that these courses
offer.
Online courses can be planned into their schedule, which may include full-time employment, internships and caring for a family. It can also help them take out quiet time to study.
Online learning in an education system
Distance learning has been around for a long time, even before
technology made it extremely accessible. Traditional schooling is now
seeing an increased proliferation of virtual training materials and
online courses. Even in a world of tried and tested schooling
systems and curricula, the most successful schools are the ones who
adapt to the changing times, as well as to the expectations of students,
parents and the society.
If online education is here to stay, then what are its implications
for traditional learning? Instead of focusing on pros and cons, the
conversation we should be having today is about leveraging online
learning to make our education system more conductive to learning.
Setting goals, tracking progress and meeting deadlines
Online courses involve setting our own goals, tracking progress and meeting deadlines
Online courses call for a greater amount of motivation and
self-discipline than a classroom-based course. A classroom has one or
more instructors and peers, who can hold a student accountable for their
course-work. In contrast, online courses involve setting our own goals,
tracking progress and meeting deadlines.
One does not learn in isolation, so online courses do offer
discussion forums, email, and one-on-one support. Technology also adds
on to the visual experience by incorporating animations, that can be
used interactively for effective teaching, and communication.
The classroom advantage
A school provides structure, support, and a system of rewards and penalties to groom its students. Classroom education has the benefit of face-to-face interactions with peers, which are typically moderated by a teacher.
It provides children, especially those in their early developmental
years, with a stable environment for social interactions, helping them
develop skills like boundary setting, empathy, and cooperation. This
also allows plenty of room for spontaneity, unlike a virtual learning
setup.
Online education in the context of schooling
As students’ progress to higher classes, they seek more autonomy and
intellectual freedom. Online learning can help them pursue highly
individualized learning programmes, possibly even college-level courses.
These, combined with hands-on exercises, real-world exploration, and
thorough assessments, can be highly beneficial to their learning
progress.
Here’s what the Managing Director of Trio World Academy said:
“They can explore their options, by trying out introductory topics
from different fields, before committing to a specialization. Online
learning platforms can help these students become more independent
learners before they make their way into college,” said Naveen K M.
“I believe that we must not hold students back from picking any
online course, but instead act as their guide as they navigate through
it,” he added.
Teachers and parents should act as anchors and mentors
Teachers and parents should be anchors and mentors
Mobile apps that provide enhanced learning opportunities for school
children have become mainstream. Since mobile phones have already found
their way into their hands, these apps are being used to supplement
classroom learning.
Teachers and parents need to act as anchors and mentors, curating the
kind of educational content students are exposed to, during the tricky
phase of finding the right career to pursue.
Programmes to support families wishing home-school
Virtual public schools, that offer a full scale K12 education, have
already sprung up in some parts of the world. They even offer a
combination of the traditional system with online education. There are
programmes that provide support to families that wish to home-school
their children, in the form of online course material.
These programmes bring parents and teachers into the fold, by
involving them into their child’s education from the get-go. However,
their effectiveness in the long term needs to be studied.
Online programmes for weaker communities
Online programmes for weaker sections
Online learning programmes will also open up opportunities for
children from weaker socio-economic communities, who possess a limited
access to learning resources i.e. teachers, textbooks and
infrastructure.
It will connect them to a global network of online learners, exposing
them to new perspectives. The ideas that they receive, will not be
limited by the number of heads in one classroom.
Online education can also be designed to be accommodating of a variety of learning styles among students.
“As educators, it is likely that we will have to put in additional
efforts to incorporate online learning programmes into the curriculum,
in the most suitable manner,” said the managing director.
Online training programmes are helping teachers/educators advance
their skills in curriculum implementation, policy, education systems and
leadership, both independently and with the support of their
institutions.
It lets them collaborate with their peers, and learn new
instructional skills, that are relevant to their career. These
programmes can help them develop new skills and capabilities in their
students, with the help of technology and interdisciplinary approaches.
Education for future
As the overlap of the traditional and online educational worlds is
becoming more and more inevitable, we owe it to our students to make
their education relevant to their future, through our own ingenuity,
passion and careful planning.
-Authored article by Naveen K M, Managing Director, Trio World Academy
Posted by AGORACOM
at 2:35 PM on Thursday, December 6th, 2018
Completed 43-101 includes a mineral resource estimate (Inferred ) for the Jaclyn Main Zone, Golden Promise
Golden Promise hosts multiple gold bearing quartz veins and is located in a region of recent significant gold discoveries
significant gold discoveries in this region include those of Sokoman Iron Corp. (TSXV.SIC) at the Moosehead Project and Marathon Gold Corp. (TSXV.MOZ) at the Valentine Lake Gold Camp.
VANCOUVER, BC / ACCESSWIRE / December 6, 2018 / GREAT ATLANTIC RESOURCES CORP. (TSX-V: GR) (the “Company” or “Great Atlantic”) announces that it has received and filed on SEDAR a National Instrument 43-101 Technical Report, dated December 4, 2018 (revising a previous filed version dated November 28, 2018) (the “Report“) on the Company’s Golden Promise Gold Property, located in the central Newfoundland gold belt. The report was completed by Mr. Greg Z. Mosher, M.Sc. App., P.Geo., and Mr. Larry Pilgrim, B.Sc., P.Geo. The amendments in the December 4 version of the technical report principally relate to disclosure of QA/QC programs in Part 11 and data verification in Part 12. The material conclusions of both versions of the Report are the same.
The Report includes the following mineral resource estimate (Inferred resources) for the Jaclyn Main Zone, the maiden resource estimate for the Company on the property:
The Golden Promise Property hosts multiple gold bearing quartz veins and is located in a region of recent significant gold discoveries. The property is located within the Exploits Subzone of the Newfoundland Dunnage Zone. Within the Exploits Subzone, the property lies along the north-northwestern fringe of the Victoria Lake Supergroup (VLSG), a volcano-sedimentary terrane. The northwestern margin of the Golden Promise Property 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.
High-grade gold is reported in quartz veins and quartz vein boulders within the Golden Promise Property. Gold bearing quartz veins are reported in multiple areas of the property, including at least 5 gold bearing quartz vein systems reported in one zone referred to as the Jaclyn Zone, located in the northern half of the property. Much of the reported historical exploration within the property has been focused on the Jaclyn Zone with gold bearing vein systems reported at the Jaclyn Main, Jaclyn East, Jaclyn West, Jaclyn North and Jaclyn South Sub-zones. The majority of historic drilling (2002-2010) was conducted at the Jaclyn Main Zone. Significant historical work is also reported in the southwest region of the property at the Linda / Snow White vein, including grab sample reported to return 105 and 232 g/t gold, a reported channel sample returning 29.7 g/t gold / 0.5 meters, and a diamond drillhole intersection of 19.5 g/t gold / 1.15 meter core length. Gold bearing veins and gold bearing float are reported in other regions of the property.
The Report includes a mineral resource estimate for the Jaclyn Main Zone, the only area within the Property for which sufficient data exists to support a mineral resource estimate. The resource estimate was completed by Mr. Greg Z. Mosher, M.Sc. App., P.Geo.
The current mineral resource estimate for the Jaclyn Main Zone is based on assays from 107 drillholes (2002 – 2010). The drill core from most of these holes has been preserved at a Provincial Government storage facility in Buchans, NL. As part of the data verification process prior to the resource estimate, core from five (5) holes, representing a range of contained gold grades and locations within the zone, were examined and six (6) quarter-core samples were collected from three of these holes for verification of the original assay values. The six check samples were assayed for gold in 2018 at ALS Canada in North Vancouver. The following table shows the comparison of original and check assay values.
Drill Hole
From (m)
To (m)
Length (m)
Original Au g/t
Check Au g/t
Sample #
GP02-09
47.6
48.3
0.7
1.4
1.455
CNF10434
GP02-09
48.3
48.7
0.4
1.0
0.005
CNF10435
GP06-51
153.5
153.8
0.3
14.1
25.1
CNF13676
GP06-51
153.8
154.2
0.4
9.4
4.27
CNF13677
GP07-74
181.0
181.5
0.5
5.2
1.79
CNF19937
GP07-74
181.5
182.0
0.5
2.4
0.083
CNF19938
Discrepancies between the original and check assays are attributable to the fact that 1) original and check samples were collected from different portions of the core; 2) the gold is particulate in nature and therefore a high degree of variability exists between the half-core and quarter-core samples; and 3) the original samples were assayed using screened metallics to capture any coarse particles of gold whereas the check samples were of too small a volume to permit the use of screening and therefore some gold particles may not have been captured by the analytical process.
Original assay certificates for approximately 60% of the Jaclyn Main Zone assays were checked against assay values in the dataset used for the mineral resource estimate and no discrepancies were found. The results of QA/QC monitoring of drill core samples submitted for analysis during the period 2004 – 2008 and 2010 – 2011, were compiled and assessed. These measures include use of standards, blanks and duplicate samples, although not all measures were employed in all programs. Regardless, all QA/QC metrics fall within acceptable limits.
The zone was modelled as a single quartz vein that strikes east-west and dips steeply to the south. Modelled vein thickness was based on true thickness derived from quartz vein intercepts. The estimate is based on 220 assays that were composited to 135 one-meter long composites. A bulk density of 2.7 g/cm3 was used. Blocks in the model measured 15 meters east-west, 1-meter north-south and 10 meters vertically. The block model was not rotated. Grades were interpolated using inverse-distance squared (ID2) weighting and a search ellipse that measured 100 meters along strike, two meters across strike and 50 meters vertically. Grades were interpolated based on a minimum of two and a maximum of 10 composites with a maximum of one composite per hole so the grade of each block is based on at least two drillholes thereby demonstrating continuity of mineralization. For the capped mineral resource estimate, all assays that exceed 65 g/t gold were capped at 65 g/t gold. All resources were classified as Inferred because of the relatively wide spacing of drill holes through most of the zone.
Because part of the vein is near surface the resource estimate was constrained by a conceptual open pit to demonstrate reasonable prospects of eventual economic extraction. Generic mining costs of US$2.50/tonne and processing costs of US$25.00/tonne were used together with a gold price of US$1,300/ounce. A conceptual pit slope of 45° was assumed with no allowance for mining loss or dilution. Based on the combined hypothetical mining and processing costs and the assumed price of gold, a pit-constrained cutoff grade of 0.6 g/t was adopted. For the underground portion of the resource a cutoff of 1.5 g/t was assumed. The cutoff grade for the total resource is the weighted average of the pit-constrained and underground cutoff grades. The resource estimate for conceptual pit-constrained and underground at various gold cutoff grades and total resource estimate are tabulated as follows:
Jaclyn Main Zone Inferred Mineral Resource Estimate: Pit-Constrained
Cutoff Au g/t
Au Cap g/t
Au Uncap g/t
Tonnes
Au Ounces Capped
Au Ounces Uncapped
10
21.9
28.5
63,300
44,600
57,900
5
16.4
20.5
101,100
53,300
66,700
4
15.2
18.9
112,300
54,900
68,300
3
14.1
17.5
124,000
56,300
69,600
2
13.7
17
128,400
56,700
70,000
1.5
13.2
16.3
134,100
57,000
70,300
1
11.8
14.6
151,500
57,700
71,000
0.8
11.5
14.2
155,700
57,800
71,100
0.6
11.4
14.1
157,300
57,800
71,200
0.4
11.4
14
157,800
57,800
71,200
0.2
11.4
14
158,200
57,800
71,200
Mineral Resources are not Mineral Reserves and do not have demonstrated economic viability. There is no certainty that all or any part of the Mineral Resources estimated will be converted into Mineral Reserves. Mineral resource tonnage and contained metal have been rounded to reflect the accuracy of the estimate, and numbers may not add due to rounding. Mineral resource tonnage and grades are reported as undiluted. Contained Au ounces are in-situ and do not include recovery losses.
Jaclyn Main Zone Inferred Mineral Resource Estimate: Underground
Cutoff Au g/t
Au Cap g/t
Au Uncap g/t
Tonnes
Au Ounces Capped
Au Ounces Uncapped
10
15.7
15.7
51,100
25,700
25,800
5
11.1
11.2
111,300
39,800
39,900
4
10.1
10.2
130,800
42,600
42,700
3
9.1
9.1
155,400
45,300
45,500
2
8
8.1
184,500
47,700
47,800
1.5
7.5
7.6
200,200
48,600
48,700
1
7
7
218,500
49,300
49,500
0.8
6.7
6.7
230,400
49,700
49,800
0.6
6.5
6.5
239,300
49,900
50,000
0.4
6
6
262,100
50,200
50,400
0.2
5.2
5.2
305,100
50,600
50,800
Mineral Resources are not Mineral Reserves and do not have demonstrated economic viability. There is no certainty that all or any part of the Mineral Resources estimated will be converted into Mineral Reserves. Mineral resource tonnage and contained metal have been rounded to reflect the accuracy of the estimate, and numbers may not add due to rounding. Mineral resource tonnage and grades are reported as undiluted. Contained Au ounces are in-situ and do not include recovery losses.
Jaclyn Main Zone Total Inferred Mineral Resource Estimate
As discussed previously in this News Release, significant recent gold discoveries in the central Newfoundland gold belt within the Exploits Subzone include that of Sokoman Iron Corp. and Marathon Gold Corp. 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 meter core length was reported including a 1.35 meter 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.
The Report may be subject to review by the British Columbia Securities Commission.
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.
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 [email protected]
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.
Posted by AGORACOM
at 1:31 PM on Thursday, December 6th, 2018
Phase 2 identified 30 epithermal veins that remain open at depth and along strike
1000m to the northeast lies the SG3 target area, which is a feeder system type target.
Plan to drill deeper into the vein system to look for the boiling point in epithermal veins
Vancouver, British Columbia–(Newsfile Corp. – December 6, 2018) – Advance Gold Corp. (TSXV: AAX) (“Advance Gold” or “the Company”) is pleased to provide an update on exploration plans for its Tabasquena project near Ojocaliente, Mexico. Based on the phase 2 drilling program, and historical work completed by the geological survey of Mexico, a dual track drilling program is being planned.
The recently completed drilling in phase 2, has identified a series of epithermal veins (more than 30), which have only been drilled above the boiling point and remain open at depth and along strike. Approximately 1000 metres 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.
Allan Barry Laboucan, President and CEO of Advance Gold Corp. commented: “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, combined with stepping out into other areas of the property gives us a good chance to open things up.
“Past work by the geological survey of Mexico, at the SG3 target area, has mapped a key structural intersection to the northeast of the vein system and a coincident gold anomaly.
“The more work we do on the property, the more it becomes clear that we are looking at a large epithermal vein system, and other compelling targets on the project. We are looking forward to more drilling to test these targets in our phase 3 drilling.”
Julio Pinto Linares is a QP, Doctor in Geological Sciences with specialty in Economic Geology and Qualified Professional No. 01365 by MMSA., for Advance Gold and is the qualified person as defined by National Instrument 43-101 responsible for the accuracy of technical information contained in this news release.
Other News
The Company is cancelling the previously announced, see November 2/2018 news release, private placement. It proposes to undertake a non-brokered private placement of units at a price of $0.06 (6 cents) per unit for gross proceeds of up to $300,000. Each unit shall consist of one common share in the capital of the company and one common share purchase warrant.
Each warrant shall entitle the holder to purchase one common share at a price of $0.08 (8 cents) per share at any time within 24 months of the date of issuance. All securities to be issued under this private placement will be subject to a four-month resale restriction.
The company intends to close the private placement immediately following the satisfaction of customary closing conditions, including receipt of all regulatory approvals. There are no material facts or material changes relating to the company that have not been previously disclosed.
Advance Gold will use the net proceeds of this private placement for general corporate purposes and to advance its Tabasquena silver project in Zacatecas, Mexico.
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.
Venaditas is well located adjacent to Teck’s San Nicholas mine, a VMS deposit, and it is approximately 11km to the east of the Tabasquena project, along a paved road.
In addition, Advance Gold holds a 14.5% interest on strategic claims in the Liranda Corridor in Kenya, East Africa. The remaining 85.5% of the Kakamega project is held by Acacia Mining (63% owned by Barrick Gold).
For further information, please contact:
Allan Barry Laboucan,
President and CEO
Phone: (604) 505-4753
Email: [email protected]
Posted by AGORACOM
at 9:23 AM on Thursday, December 6th, 2018
Identified 5 vertical sets for its graphene products
Aerospace, Biomedical, Water Treatment, Transportation and Civil Engineering
Graphene has many potential applications and ZEN is working in close collaboration with researchers both in industry and in academia.
Multiple Canadian government agencies have already directly contributed over $2 million to ZEN’s graphene research and development work.
Thunder Bay, Ontario–(Newsfile Corp. – December 6, 2018) – Zenyatta Ventures Ltd. (TSXV: ZEN) (“Zenyatta”, “ZEN” or “Company”) is pleased to provide an update on its graphene market development work which has led to the creation of five significant potential market verticals for the Company which include aerospace, biomedical, water treatment, transportation and civil engineering.
Graphene is an emerging market opportunity with many potential applications. The challenge for a new supplier like ZEN is to define the priority market segments offering the best value creation potential. ZEN is tackling this challenge by working in close collaboration with researchers both in industry and in academia. From the work done by the ZEN team over just the past 6 months, the Company is now actively collaborating with 22 industrial end users and 10 Canadian universities. ZEN is also receiving significant interest from multiple Canadian government agencies who have already directly contributed over $2 million to ZEN’s graphene research and development work.
ZEN’s graphene solutions and the potential economic benefit that they can bring to the Canadian economy has attracted the attention of several government agencies that are supporting innovation, sustainability and new clean technology. The Company will continue to work with the government program coordinators for the opportunities that ZEN’s unique Albany Graphite product offers for innovative nano-materials applications. This effort is led by ZEN’s Ottawa-based Outreach Program Coordinator, Monique Manaigre.
The market development work is being led by the Company’s Head of Sales, Phil Chataigneau along with Research Catalyst, Colin van der Kuur. Their combined efforts have led to the development of the 5 most significant potential graphene market verticals:
Aerospace Applications:
Graphene light-weighting, hydrogen applications, Lightning strike protection, composite enhancement, solid state heat sinks, solid state wiring, leading edge/wing de-icing, ceramic armour, radar/sonar absorption, technical/smart fabrics, personal body armour, Graphene Oxide (GO) in jet fuel, lighter cargo containers.
Biomedical Applications:
Oncology treatment using Graphene Quantum Dots (GQD) to deliver targeted therapies.
Diabetes, other standard diagnostic testing with Functionalized GO sensors.
Water Treatment:
Graphene based desalination membranes and other water purification products.
Transportation:
Applications with auto makers and resin manufacturers for: Heat Sinks & Light-weighting, Graphene wires for electric motors, graphene 3-d printing apps to deliver weight savings, (GO) Fuel Additives (Diesel & Jet Fuel), Hydrogen Economy: Fuel Cells, Electrolysis Units, Next-Generation Fuel Cells with graphene 3-D printed circuits and graphene plates.
Civil Engineering:
Graphene additive in cement/concrete.
Graphene in roads/surfacing products.
In recognition of the excellent progress made by the Company’s market development team over the past six months, the Board of Directors has approved the grant of 50,000 incentive stock options grant to each of these three individuals. These options will be priced at $0.40 per share. One-third of the options vested on the date of their grant, one-third of the options will vest six months following the date of grant and the balance will vest on the one-year anniversary of the date of grant. The options have a term of two years and are subject in all respects to the terms of the Company’s incentive stock option plan and the policies of the TSX Venture Exchange.
Zenyatta’s Albany Graphite Project hosts a large and unique quality deposit of highly crystalline graphite. Independent labs in Japan, UK, Israel, USA and Canada have demonstrated that Zenyatta’s Albany Graphite/Naturally PureTM easily converts (exfoliates) to graphene using a variety of simple mechanical and chemical methods. The deposit is located in northern Ontario just 30km north of the Trans-Canada Highway, near the communities of Constance Lake First Nation and Hearst. Important nearby infrastructure include hydro-power, natural gas pipeline, a rail line 50 km away and an all-weather road just 10 km from the deposit.
To find out more on Zenyatta Ventures Ltd., please visit our website at www.zenyatta.ca. A copy of this press release and all material documents with respect of the Company may be obtained on Zenyatta’s SEDAR profile at www.sedar.ca.
