Agoracom Blog

AIM Exploration Completes Comprehensive Report on Its Ability to Ship Coal Year-Round via the Port of Salaverry, Estimates Its Coal Capacity Shipments $AEXE.us

Posted by AGORACOM-JC at 12:09 PM on Monday, December 19th, 2016

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  • Company progresses in preparation for extracting, transporting, and loading of coal, we wish to provide information to our valued investors of the strategic port of Salaverry, is located 17km from the city of Trujillo
  • Positioned to ship 2 to 4 shiploads of anthracite coal per month, currently  the spot price exceeds $250.00 MT

Imports and Price of Anthracite at 23-Month High, AIM Exploration (OTCQB: AEXE) $AEXE Proceeds with its Project in Peru, Estimates Coal Capacity Shipments

HENDERSON, NV / ACCESSWIRE / December 19, 2016 / Attention, to our valued shareholders and investors and general coal industry audience:

As The Company progresses in preparation for extracting, transporting, and loading of coal, we wish to provide information to our valued investors of the strategic port of Salaverry, is located 17km from the city of Trujillo. Latitude -8º -9′ -54′ S, Longitude -79º 0′ -38′ W.

Its Cargo Pier water depth meets our demands for coal shipments at 31 – 35 feet (9.4 – 10 meters). Tide information is updated daily. Tug assist is on-ready, and quarantine stations with Deratt Cert (Ship sanitation certification) is present. Air, Radio, and Telephone communications are on-ready.

It is a major port and has met our potential client demands for Ship repairs, with refueling oil and diesel oil, water/provisioning/engine maintenance. Loading of the coal will be done in wharves and on-anchor. Mobile cranes and 24 ton Lists are available for AIM.

There are neither tide entrance restrictions nor overhead limits.

The Company has studied and consulted with its advisors, clients, and the port, and are pleased that the port is appropriate for year round loading and can provide year round shipping of coal. This efficiency allows the Company to provide coal in a cost effective, and nimble on-demand manner.

Coal supply chain approach is how the Company manages its availability. We are developing clear metrics highlighting our coal inventories at mines and the Port, the arrival date of vessels, the amount of coal being shipped from our mines. The port is ready for coal shipping; cargo shipping constitutes 42% of its monthly usage.

AIM is positioned to ship 2 to 4 shiploads of anthracite coal per month, currently the spot price exceeds $250.00 MT.

“Anthracite is necessary for steel and high-grade metal forging products. The prices currently range between $220 – $400USD per ton, and we have been monitoring the open-market prices, on sxcoal.com and alibaba.com, and they have been on the rise month over month. As the economy expands and with energy demands of G8 and emerging markets are unilaterally in line, we do not see this trend to plateau, rather it is continuing to put price pressure on un-replenishable energy resources,” says JR Todhunter, President and CEO of AIM.

As of 2016-12-08 15:39:00 China Nov coal imports hit 23-month high of 26.97 million tonnes in November, up 24.96% from October. Figures and charts are available in image links or via our twitter account.

Image: https://www.accesswire.com/users/newswire/images/451283/26414ff2-1ae6-4b80-8283-724f29fdb0c9.jpeg

Please click or copy/paste on the links in this news releases for pictures of the port.

Comprehensive pictures and supplemental information is viewable upon opening the link to the PDF and Word document. Thank you.

About Aim Exploration:

The Company is an Anthracite coal mining and exploration company and plans to mine 1,000 hectares of land. We have expertise in business, mining, and legal with our distinguished board of directors and advisory board. We have amicable relationships with all parties involved in mining in Peru. We are a SEC reporting publicly traded company with the symbol (OTCQB: AEXE).

Forward-Looking Statements and Disclosures:

Certain information set forth in this press release contains “forward-looking statements” and “forward-looking information” under applicable securities laws. Except for statements of historical fact, certain information contained herein constitutes forward-looking statements, which include management’s assessment of future plans and operations and are based on current internal expectations, estimates, projections, assumptions and beliefs, which may prove to be incorrect. Some of the forward-looking statements may be identified by words such as “estimates,” “expects,” “anticipates,” “believes,” “projects,” “plans,” “targets,” and similar expressions. These statements are not guarantees of future performance and undue reliance should not be placed on them. Such forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause AIM’s actual performance and financial results in future periods to differ materially from any projections of future performance or results expressed or implied by such forward-looking statements.

Contact:

AIM Exploration Inc.
J.R. (Bob) Todhunter
Director, President & CEO
www.aimexploration.com

Twitter: www.twitter.com/aexeqb or @aexeqb
Contact: [email protected]
Website: www.aimexploration.com

Image: https://www.accesswire.com/users/newswire/images/451283/d50c58d6-de21-4e26-af6a-15176bd74fce.jpeg

Image: https://www.accesswire.com/users/newswire/images/451283/7db42a0b-ef5e-4530-945f-1074307ff6df.jpeg

References and citations from external sources support this news release:

References #1: https://www.worldcoal.org/
References #2: https://www.searates.com
References #3: https://en.wikipedia.org/wiki/Bulk_carrier
References #4: http://www.sxcoal.com/site/index/en

Related Files

Image: https://ci5.googleusercontent.com/proxy/_3XEbJpze-8XSPfz44W6sOseI6slZmQJeFW25tvZLjG6Rb8SiIrdRTt6qx9QaX_wqPaFAbWTGEqttDJsDNDgkNM=s0-d-e1-ft#http://link.newswire.com/7c139d8134ff2a2fc3 Aim Exploration Completes Reports on its Ability to Ship Coal Year

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MUST WATCH INTERVIEW: Namaste Discusses Record Monthly Sales of $1M + 1,308% Increase in Traffic $N.ca

Posted by AGORACOM-JC at 8:19 AM on Friday, December 16th, 2016

MUST WATCH INTERVIEW! Namaste Technologies is now the #1 GLOBAL e-commerce vaporizer company. My favourite interview of 2017 for 2 reasons:

1] The Facts

* Record $1M Month
*1,308% Traffic Increase
*eBay Selection
* 2017 Growth Looks Sick

2] Wicked Smart and Fun Group Interview … you can’t help but pick up the energy and the vibe of the CEO, CMO and CTO.

Kick Ass Small Cap Vaping Company. Grab a coffee and watch it. Here’s some more fact for you:

  • Proforma 12 month trailing revenues $10M as Of August 31
  • 2017 expected $15.7 million / 2018 $24.9 million
  • EBITDA positive by Dec 31 2016
  • Owns 26 e-commerce stores in 20 countries

Hub On AGORACOM / Corporate Profile / Read Release

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World Energy Hits a Turning Point: Solar That’s Cheaper Than Wind $HPQ.ca

Posted by AGORACOM-JC at 11:15 AM on Thursday, December 15th, 2016
  • Transformation is happening in global energy markets that’s worth noting as 2016 comes to an end:
  • Solar power, for the first time, is becoming the cheapest form of new electricity. 
Emerging markets are leapfrogging the developed world thanks to cheap panels.
by

Tom Randall

A transformation is happening in global energy markets that’s worth noting as 2016 comes to an end: Solar power, for the first time, is becoming the cheapest form of new electricity.

This has happened in isolated projects in the past: an especially competitive auction in the Middle East, for example, resulting in record-cheap solar costs. But now unsubsidized solar is beginning to outcompete coal and natural gas on a larger scale, and notably, new solar projects in emerging markets are costing less to build than wind projects, according to fresh data from Bloomberg New Energy Finance.

The chart below shows the average cost of new wind and solar from 58 emerging-market economies, including China, India, and Brazil. While solar was bound to fall below wind eventually, given its steeper price declines, few predicted it would happen this soon.1

Disclosed capex for onshore wind and PV projects in 58 non-OECD countries

 

Disclosed capex for onshore wind and PV projects in 58 non-OECD countries
Source: Bloomberg New Energy Finance

 

“Solar investment has gone from nothing—literally nothing—like five years ago to quite a lot,” said Ethan Zindler, head of U.S. policy analysis at BNEF. “A huge part of this story is China, which has been rapidly deploying solar” and helping other countries finance their own projects.

Half the Price of Coal

This year has seen a remarkable run for solar power. Auctions, where private companies compete for massive contracts to provide electricity, established record after record for cheap solar power. It started with a contract in January to produce electricity for $64 per megawatt-hour in India; then a deal in August pegging $29.10 per megawatt hour in Chile. That’s record-cheap electricity—roughly half the price of competing coal power.

“Renewables are robustly entering the era of undercutting” fossil fuel prices, BNEF chairman Michael Liebreich said in a note to clients this week.

Those are new contracts, but plenty of projects are reaching completion this year, too. When all the 2016 completions are tallied in coming months, it’s likely that the total amount of solar photovoltaics added globally will exceed that of wind for the first time. The latest BNEF projections call for 70 gigawatts of newly installed solar in 2016 compared with 59 gigawatts of wind.

The overall shift to clean energy can be more expensive in wealthier nations, where electricity demand is flat or falling and new solar must compete with existing billion-dollar coal and gas plants. 2 But in countries that are adding new electricity capacity as quickly as possible, “renewable energy will beat any other technology in most of the world without subsidies,” said Liebreich.

Turning Points

The world recently passed a turning point and is adding more capacity for clean energy each year than for coal and natural gas combined. Peak fossil-fuel use for electricity may be reached within the next decade.

Thursday’s BNEF report, called Climatescope, ranks and profiles emerging markets for their ability to attract capital for low-carbon energy projects. The top-scoring markets were China, Chile, Brazil, Uruguay, South Africa, and India.

 

When it comes to renewable energy investment, emerging markets have taken the lead over the 35 member nations of the Organization for Economic Cooperation & Development(OECD), spending $154.1 billion in 2015 compared with $153.7 billion by those wealthier countries, BNEF said. The growth rates of clean-energy deployment are higher in these emerging-market states, so they are likely to remain the clean energy leaders indefinitely, especially now that three-quarters have established clean-energy targets.

Still, the buildup of wind and solar takes time, and fossil fuels remain the cheapest option for when the wind doesn’t blow and the sun doesn’t shine. Coal and natural gas will continue to play a key role in the alleviation of energy poverty for millions of people in the years to come.

But for populations still relying on expensive kerosene generators, or who have no electricity at all, and for those living in the dangerous smog of thickly populated cities, the shift to renewables and increasingly to solar can’t come soon enough.

 

The Peak Oil Myth and the Rise of the Electric Car
Source: https://www.bloomberg.com/news/articles/2016-12-15/world-energy-hits-a-turning-point-solar-that-s-cheaper-than-wind

 

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Soil Survey Results Prompts Claim Block Expansion at Black Rock Desert, Nevada $BFF.ca

Posted by AGORACOM-JC at 9:19 AM on Thursday, December 15th, 2016

Bff hub 2 copy

  • Program continued to show strongly anomalous results with 88 samples collected; 73 of them (83%) containing more than 100 ppm Li
  • Together the combined grids contain 258 samples of which 239 samples (93%) had values of greater than 100 ppm Li. Maximum values ranged up to 520 ppm Li

December 15, 2016 / Vancouver, British Columbia- Nevada Energy Metals Inc. “the Company”, TSX-V: BFF (OTCQB: SSMLF) (Frankfurt: A2AFBV) and LiCo Energy Metals Inc. TSX-V: LIC (OTCQB: WCTXF) are pleased to announce that following positive results from an expanded soil sampling program, 71 new placer claims have been added to the Company’s Black Rock Desert Project, Nevada.

Results from the program continued to show strongly anomalous results with 88 samples collected; 73 of them (83%) containing more than 100 ppm Li. Together the combined grids contain 258 samples of which 239 samples (93%) had values of greater than 100 ppm Li. Maximum values ranged up to 520 ppm Li.

These results show that dissolved lithium has been transported into this portion of the Black Rock Desert and is available for potential concentration by evaporative brines. The exploration model for the Black Rock Project is a Clayton Valley evaporative brine deposit as described in USGS Open File Report 2013-1006.

Geochemical sample points were arranged to expand on the original 170-sample grid. Samples were collected on 200 meter intervals along lines spaced 350 meters apart. Samples were collected by a contract crew and transported to the ALS sample preparation lab in Elko, Nevada. Samples were screened to -80 mesh at the ALS prep lab in Reno, Nevada and analyzed by Aqua Regia leach mass spectrometry at the ALS laboratory in North Vancouver, B.C. Canada. QA/QC standards were inserted into the sample stream with one in twenty samples being a standard. All 6 standards in this batch were within 3% of their accepted value of 750 ppm.

About the Blackrock Desert Lithium Project:

The Black Rock Desert Lithium Project now consists of 199 placer claims, (3,980 acres/ 1,610 hectares) located in southwest Black Rock Desert, Washoe County, Nevada. The nearest population center is the town of Gerlach, which lies 177 kilometers north of Reno.

The western arm of the Black Rock Desert covers an area of about 2,000 square kilometers and contains 5 of the 30 currently listed Known Geothermal Resource Areas in Nevada. The property covers an area of playa underlain by a moderately deep basin interpreted from gravity and seismic surveys, indicating a maximum thickness of valley-fill deposits of about 1,200 m/3,600 ft. A high salt content prevents any significant vegetation from growing on the playa surface.

Locally, the basin is being fed in part by boiling springs and siliceous sinter containing strongly anomalous lithium values (up to 3.5 ppm) that flank the property on the west side (U.S. GEOLOGICAL SURVEY Open-File Report 81-918). While these lithium values are well below those of producing lithium brines, they do represent a significant source of metal available for evaporative concentration within the playa basin.

The company plans to carry out additional exploration programs this fall to determine the potential for an economic lithium brine deposit. Future exploration will consist of shallow auger sampling followed by a high resolution geophysical program to define potential drill targets.

Nevada Energy Metals has entered into an agreement where LiCo Energy Metals is able to acquire a 70% interest subject to a 3% NSR royalty in the Black Rock Desert Property. Nevada Energy Metals holds a 100% interest in the property, free of royalty payments.

Qualified Person: The technical content of this news release has been reviewed and approved by Alan Morris CPG, Elko, Nevada.

About Nevada Energy Metals: http://nevadaenergymetals.com/

Nevada Energy Metals Inc. is a well funded Canadian based exploration company who’s primary listing is on the TSX Venture Exchange. The Company’s main exploration focus is directed at lithium brine targets located in the mining friendly state of Nevada. The Company has 100% ownership in 78 claims in Clayton Valley, only 250m from Rockwood Lithium, the only brine based lithium producer in North America (under option to Lithium America who can earn a 70% interest); 100% interest in the 100 claim Teels Marsh West Project covering 2000 acres (809 hectares) in Mineral County, Nevada; 100% interest in the San Emidio Desert Project consisting of 155 claims (approximately 3,100 acres/1255 hectares) in Washoe County, Nevada; 100% interest in the 710 claim Dixie Valley Project covering about 5746 hectares (22 square miles) of playa and alluvial fan; 100% interest in the BSV Lithium Project – 160 claims, with an area of 3,200 acres/1,295 hectares, located in northern Big Smokey Valley, Nye County, Nevada; 100% interest in the Black Rock Desert Property – 199 claims (3,980 acres/ 1,610 hectares) located in southwest Black Rock Desert, Washoe County, Nevada (now optioned 70% interest to LiCo Energy Metals Inc.).

On Behalf of the Board of Directors

Rick Wilson, President & CEO

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the contents of this release.

Disclaimer for Forward-Looking Information:

The information discussed in this press release may include “forward looking statements” within the meaning of Section 27A of the Securities Act of 1933 (the “Securities Act”) and Section 21E of the Securities Exchange Act of 1934 (the “Exchange Act”). All statements, other than statements of historical facts, included herein concerning, among other things, planned capital expenditures, future cash flows and borrowings, pursuit of potential acquisition opportunities, our financial position, business strategy and other plans and objectives for future operations, are forward looking statements. These forward looking statements are identified by their use of terms and phrases such as “may,” “expect,” “estimate,” “project,” “plan,” “believe,” “intend,” “achievable,” “anticipate,” “will,” “continue,” “potential,” “should,” “could,” and similar terms and phrases. Although we believe that the expectations reflected in these forward looking statements are reasonable, they do involve certain assumptions, risks and uncertainties and are not (and should not be considered to be) guarantees of future performance. It is important that each person reviewing this release understand the significant risks attendant to the operations of the Company. Nevada Energy Metals Inc. disclaims any obligation to update any forward-looking statement made herein.

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Casino Gamblers’ Spending Prognosis Expected to Bump by 3.5 Percent Through 2020 $GMBL

Posted by AGORACOM-JC at 9:11 AM on Thursday, December 15th, 2016

Casino consumer spending is ready for takeoff. According to a study titled “Gambling: United States” conducted by Freedonia Focus Reports, an Ohio-based market analytics firm, gambling will grow in the United States at an annual rate of 3.5 percent through 2020.

casino consumer spending Steve Wynn

  • “States will attempt to overcome stagnating gaming receipts by proposing new forms of, or locations for, gaming such as retail gaming, satellite casinos, and slots at airports,” Spectrum predicts. “More casinos in Las Vegas and Atlantic City will stage eSports events and contests, while Atlantic City will attempt to reposition itself as an eSports hub.”

Due to increased consumer spending, domestic casinos should see their revenues and bottom lines bounce upwards 2.9 percent during the same period, if Freedonia’s projections come true. It’s promising news for gambling companies and industry operatives who might be concerned that the US has become oversaturated with casinos.

Freedonia points to an increasingly permissible gaming landscape in numerous states, as well as casino patrons having more disposable income due to a resurging economy.

“Casino hotels are expected to see above-average growth, as many of these establishments offer gambling as part of a diversified entertainment strategy,” the report states. “Efforts to offer the Las Vegas casino experience closer to home will also boost revenues.”

Bearer of Good News

There are only a dozen states remaining that don’t have either commercial or tribal gaming. That’s why some are understandably worried that there are simply too many slot machines and table games in the US.

But directly on the heels of a national recession, the casino players that know best are making substantial investments. Steve Wynn is building a $2.1 billion resort in Boston. MGM Resorts recently opened the $1.4 billion National Harbor outside of Washington, DC, and is working on a $950 million facility in Springfield, Massachusetts.

Two of the most well-known and respected gaming companies aren’t scared of competition, and along with Freedonia, another market research firm supports the notion that there’s more money up for grabs for casinos.

Spectrum Gaming Group, a consultancy company in New Jersey that analyzes gambling markets, says in its 13th annual list of gaming trends that casinos will adequately adapt to a changing environment.

Vegas Confidence

Casino revenue has stabilized on the Las Vegas Strip, after falling from $6.8 billion in 2006 to $5.7 billion in 2010. Total gross gaming receipts came in at $6.3 billion in both 2014 and 2015, but will eclipse $6.4 billion this year.

Many believe eSports is a key area that Vegas needs to tap into. The emerging world of competitive video gaming was a major talking point at the Global Gaming Expo this fall. ESports is an area highly popular arena with the millennial, a demographic that hasn’t seemed to keen on playing games of pure chance common on casino floors.

For now, the older generations are providing a rebound to overall revenues in Vegas. Paired with the prospect of bringing new customers to casinos with eSports, gaming companies remain optimistic in Nevada and throughout the country.

Source: https://www.casino.org/news/casino-gamblers-spending-prognosis-to-bump-3-5-percent-through-2020

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AGORACOM Launches Small Cap Marijuana and Cannabis Stocks Gateway For Investor Research $N.ca $TBP.ca $MCOA

Posted by AGORACOM at 9:04 AM on Thursday, December 15th, 2016

Good morning to you all.  As the Small Cap Marijuana and Cannbais industry emerges from the shadows of “PotCom” and races into Weed 2.0 at full speed, AGORACOM will once again establish itself as the starting point for investor research and moderated discussion.

We’ve already started the process by announcing the engagement of 3 leading small cap marijuana, cannabis and vaporizing clients. I strongly encourage investors to visit each one of these companies and discover why all of them are accomplishing great things in their respective fields.:

We’re now building on that foundation by launching the AGORACOM Small Cap Marijuana and Cannabis Stocks Gateway.  This is the research starting point for small cap marijuana stocks investors to begin their research.  We feel it is important to help investors given the fact that we have already seen – and expect to see many more – “pretenders” enter the space by simply issuing a press release about entering the “medical marijuana / cannabis” industry for no other reason than to get a quick bump in their share price.

Our gateway will only include real small cap medical marijuana, cannabis and related companies that are truly engaged in the business and have taken active steps towards it.

In addition, the gateway goes beyond being a simple list by actively updating itself with relevant content from the industry.

Within a few weeks, this initiative will grow even further with a bigger presence and even greater content but – in the meantime – we believe this is a great starting point to discover real small cap marijuana, cannabis and related stocks.

Click below to start your research and be sure to come back often!

Small Cap Marijuana Gateway

Start your small cap medical marijuana and cannabis research in the AGORACOM Small Cap Medical Marijuana Stocks Gateway

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AGORACOM Clients Announce Big News – PFN Capital Platinum Discovery $PFN.ca / HPQ Silicon Spin Out Gold Dividend $HPQ.ca

Posted by AGORACOM at 8:41 AM on Thursday, December 15th, 2016

BREAKING NEWS!

Platinum Metal Discovery Confirmed at River Valley Project Near Sudbury, Ontario 

  • 2.57 g/t Pd+Pt over 1m, including 4.06 Pd+Pt over 9m from 169m downhole
  • Drilling confirmed discovery at T2 near Dana North
  • 2.5 Moz Platinum Metals in near-surface Measured and Indicated Resources

Hub On AGORACOM / Corporate Profile / Read Release

————————————————————–

HPQ Silicon Designates Roncevaux Quartz Deposit As Property Of Merit In Preparation For Gold Spin Out

  • Geology surveys identified an estimated 250 metre extension to the main quartz vein deposit
  • Significantly increases its’ potential to supply raw material to HPQ’s planned high purity silicon processing facility once completed

Bernard Tourillon, Chairman and CEO of HPQ Silicon stated: “…we are now in a position to shortly deliver on our promise of unlocking great value of our gold and high purity silicon operations for shareholders.

Hub On AGORACOM / Corporate Profile / Read Release

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Durango Receives Assay Results From Mayner’s Fortune Limestone Project Near Terrace, BC $DGO.ca

Posted by AGORACOM-JC at 10:51 AM on Wednesday, December 14th, 2016

Logo

  • limestone quality of up to >99.99% CaCo3* (56.20% CaO) has been reported on its 100%-owned Mayner’s Fortune limestone project
  • Out of 8 unique samples taken from limestone outcrops at the Mayner’s Fortune property, all 8 yielded grades greater than 86.9% CaCo3* (48.7% CaO).

Vancouver, BC / December 14, 2016 – Durango Resources Inc. (TSX.V-DGO), (the “Company” or “Durango”) is pleased to announce that, further to its news of November 1st, 2016, limestone quality of up to >99.99% CaCo3* (56.20% CaO) has been reported on its 100%-owned Mayner’s Fortune limestone project.

The 320-hectare Mayner’s Fortune property is located 7.5km southwest of Terrace, B.C. along the CN rail route between Terrace and Kitimat and hosts five historically mapped sub-parallel limestone units. Durango completed its first phase of exploration on its limestone properties in late October, which included sampling to test limestone quality and substantiate historic reports. The assays in this release pertain to the late October visit.

Out of 8 unique samples taken from limestone outcrops at the Mayner’s Fortune property, all 8 yielded grades greater than 86.9% CaCo3* (48.7% CaO). All limestone samples from the property are shown in Table 1.

Table 1: Mayners Fortune Outcrop Samples

Sample Easting Northing CaO (%) CaCo3 (%)(calculated)* MgO (%)
85990 524067 6028649 56.20 >99.99 0.19
85999 524149 6028998 56.00 99.95 0.20
85991 524010 6028691 54.40 97.09 0.77
85995 523941 6028901 52.20 93.16 1.41
85988 523284 6028702 49.90 89.06 1.50
85993 523942 6028754 49.70 88.70 4.12
85987 523301 6028670 49.50 88.35 3.61
85997 523945 6029134 48.70 86.92 2.03

Note: All coordinates are NAD83 UTM Zone 9N

* Theoretical value of CaCo3 is calculated based on the assay value of CaO * 1.78476 and is used to estimate limestone (CaCO3) composition. This calculation assumes all CaO analysed is present as CaCO3.

 

Cautionary statement: Readers are cautioned that grab samples are selective by nature and are not necessarily representative of mineralization hosted on the property.

All samples were grab samples and were analyzed by Bureau Veritas, Vancouver, British Columbia. The analytical methods used correspond to Bureau Veritas code LF700 – Whole Rock Analysis by XRF.

An additional 26 outcrop samples were taken during a recent follow-up survey as announced on December 06, 2016 and are still pending assay at Bureau Veritas in Vancouver, BC. Assay results will be announced when they become available.

Marcy Kiesman, CEO of Durango stated, “We are extremely pleased with the assays received for the Mayner’s Fortune project. Favourable grades of up to >99.99% limestone from Limestone Unit #5 (by calculation), has created additional opportunities for potential end users. Despite snow and winter conditions, our geological crew successfully mapped limestone in the northern section of Unit #5 to an extent of 650m along strike by 140m apparent thickness with the unit remaining open at both ends. This compares well with historical mapping of 1,600m strike length and an apparent thickness of 180m in the south end of the limestone bed. These assay and mapping results have affirmed the vast potential of this property and Durango plans to continue to advance its limestone prospects through 2017.”

The technical contents of this release were approved by Mr. Case Lewis, P.Geo., a Qualified Person as defined by National Instrument 43-101. The property has not yet been the subject of a National Instrument 43-101 report.

About Durango

Durango is a natural resources company engaged in the acquisition and exploration of mineral properties. The Company has a 100% interest in the Mayner’s Fortune and Smith Island limestone properties in northwest British Columbia, the Decouverte and Trove gold properties in the Abitibi Region of Quebec, and certain lithium properties near the Whabouchi project, the Buckshot graphite property near the Miller Mine in Quebec, the Dianna Lake silver project in northern Saskatchewan, the Whitney Northwest property near the Lake Shore Gold and Goldcorp joint venture in Ontario, as well as three sets of claims in the Labrador nickel corridor.

For further information on Durango, please refer to its SEDAR profile at www.sedar.com.

Marcy Kiesman, Chief Executive Officer

Telephone: 604.428.2900 or 604.339.2243

Facsimile: 888.266.3983

Email: [email protected]

Website: www.durangoresourcesinc.com

Forward-Looking Statements

This document may contain or refer to forward-looking information based on current expectations, including commencement and completion of future exploration, final approval from governmental entities on the LNG project, Petronas determining whether to proceed with the LNG project and the impact on the Company of these events. Forward-looking information is subject to significant risks and uncertainties, including market conditions, as actual results may differ materially from forecasted results. Forward-looking information is provided as of the date hereof and we assume no responsibility to update or revise them to reflect new events or circumstances. For a detailed list of risks and uncertainties relating to Durango, please refer to its prospectus filed on its SEDAR profile at www.sedar.com.

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.

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More than $1 billion of marijuana sold in Colorado in 2016 $TBP.ca $MCOA.us

Posted by AGORACOM-JC at 4:23 PM on Tuesday, December 13th, 2016
Image result for cnn
  • Last year, the marijuana industry created 18,000 full-time jobs and generated $2.39 billion in economic activity in the state.
  • Recreational and medical cannabis shops have sold more than $1 billion of marijuana and related products so far in 2016, already surpassing last year’s total of $996,184,788

(CNN) It’s always 4/20 somewhere — at least in Colorado. The state’s marijuana shops have reached a massive new milestone: $1 billion in legal, regulated sales in the first 10 months of 2016.
Voters legalized marijuana in Colorado back in 2012, but the dispensaries didn’t open until 2014. Last year, the marijuana industry created 18,000 full-time jobs and generated $2.39 billion in economic activity in the state.

And the boom is still growing. According to new data from the state’s Department of Revenue, recreational and medical cannabis shops have sold more than $1 billion of marijuana and related products so far in 2016, already surpassing last year’s total of $996,184,788.

Attorney Christian Sederberg, partner at Vicente Sederberg, played an integral part in Colorado’s Amendment 64, which legalized marijuana in the state. He is estimating that sales of pot will reach $1.3 billion by the end of this year, which could have a total economic impact of over $3 billion.
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“This milestone continues to show that the cannabis industry in Colorado is an engine of growth for the economy, a job creator, and one of the biggest industries in the state,” Sederberg told CNN. “People were consuming cannabis before, but now they are buying it from tax-regulated businesses that are benefiting the economy. This has replaced an underground, illegal market.”
Sederberg says that marijuana has become one of the largest industries in Colorado, and certainly the fastest growing.
“From 2015 to 2016, there has been a 53% increase in retail sales and a 9% increase in medical sales,” he said. “Medical sales are growing at a much slower rate, but recreational sales will continue to grow in the double digits.”

All-time high

Marijuana sales in Colorado hit an all-time high in September 2016, generating $127.8 million, according to The Cannabist, a Colorado-based news site covering the industry. But October’s numbers are still sizable: Shops sold nearly $82.8 million of recreational cannabis and $35 million of medical marijuana.
Colorado has three different taxes on recreational marijuana — a standard 2.9% sales tax, a special 10% sales tax, and a 15% excise tax on wholesale transfers, which go towards schools. The state collected just over $6 million from the excise tax, bringing the yearly total to $49.7 million, The Cannabist tallied.
Of that, the first $40 million will go towards school construction projects, and any additional tax revenue from the excise tax will go directly to the state’s public school fund.
In this past election, California, Massachusetts, Nevada, and Maine all approved legal sales of recreational marijuana. Medical marijuana is now legal in more than half of US states. In total, marijuana sales could expand the national market to $21 billion by 2020. That is up from $5.7 billion last year and an expected $7.9 billion this year.
But in the eyes of the federal government, marijuana is still an illegal substance. The Drug Enforcement Administration classifies marijuana as a Schedule 1 drug, the same as heroin, LSD, and ecstasy.
Source: http://edition.cnn.com/2016/12/13/health/colorado-marijuana-sales-trnd/

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US Solar Market Shatters Records In Q3 $HPQ.ca

Posted by AGORACOM-JC at 4:07 PM on Tuesday, December 13th, 2016

Energy Matters

  • 2 megawatts of solar panels were installed in the USA every hour during the third quarter of this year.
  • Based on a 260W module, that’s around 128 panels a minute; every minute of the day.

The latest  U.S. Solar Market Insight report from GTM Research and the Solar Energy Industry Association (SEIA) states 4,143 megawatts of solar PV was installed during the third quarter of the year – and the pace has picked up even more during this quarter.

Utility scale solar drove the record result in Q3, which was 99% more than Q2 2016 and 191% over Q3 2015.

“With a 90 percent favorability rating and 209,000 plus jobs, the U.S. solar industry has proven that when you combine smart policies with smart 21st century technology, consumers and businesses both benefit,” said  Tom Kimbis, interim president of SEIA.

That job tally may be substantially higher now as the figure appears to have been taken from the Solar Foundation’s National Solar Jobs Census 2015

USA solar PV installations

GTM Research forecasts 14.1 GWdc of new PV installations will be connected by the end of this year 2016, up 88% over 2015.  This will mark the first time the U.S. has eclipsed the 10 GWdc annual mark.

Utility PV is expected to account for over 70% of that new capacity.

While the residential segment was down 19% from Q2 2016, it was up 2% from Q3 2015.

Non-residential PV (which includes commercial solar) performed solidly; up 15% from Q2 2016 and up 37% from Q3 2015.

Between the first and third quarters of this year, solar made up 39% of all new electric generating capacity connected in the USA, ranking behind only natural gas.

Mr. Kimbis said while it may have taken the USA 40 years to hit 1 million solar installations, the nation is expected to reach 2 million within the next two years. It looks like our U.S. friends will eclipse Australia’s impressive ~1.6 million system total quite soon – but to be fair; there’s nearly 14 times more of them than there are of us.

More from the latest U.S. Solar Market Insight  can be viewed here.

Source: http://www.energymatters.com.au/renewable-news/usa-solar-record-5815/

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