Agoracom Blog

Eloro Resources Receives TSX Venture Exchange Approval to Acquire a 100% Interest in Tartisan’s La Victoria Gold/Silver Property, Ancash, Peru $TTC.ca $ELO.ca

Posted by AGORACOM-JC at 4:50 PM on Wednesday, September 14th, 2016

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  • TSX Venture Exchange has accepted Eloro’s filing in connection with the acquisition of 100% of the La Victoria Gold/Silver Property
  • Eloro and Tartisan are now moving towards closing the transaction on an expeditious basis.

Toronto, Ontario – Eloro Resources Ltd. (TSX-V: ELO; FSE: P2Q) (“Eloro”) and Tartisan Resources Corp. (CSE:TTC) (“Tartisan”) are pleased to announce that the TSX Venture Exchange has accepted Eloro’s filing in connection with the acquisition of 100% of the La Victoria Gold/Silver Property (“La Victoria” or the “Property”) in Huandoval District, Pallasca Province, Ancash Department, Peru.

Having satisfied all of the terms precedent to the acquisition, including the filing of a National Instrument 43-101 Technical Report on the Property and the receipt of majority Eloro shareholder approval for the acquisition, Eloro and Tartisan are now moving towards closing the transaction on an expeditious basis.

Pursuant to the terms of the acquisition (see News Release dated August 5, 2016) and as consideration for the Property, Eloro has agreed to: i) issue Tartisan 6 million common shares and 3,000,000 warrants with limited transferability, ii) make staged cash payments totalling C$350,000, and iii) grant Tartisan a 2% royalty interest (the “Royalty”), half of which can be repurchased by Eloro for C$3 million to reduce the Royalty to 1%.

About Eloro Resources Ltd.
Eloro is an exploration and mine development company with a portfolio of gold and base-metal properties in northern Peru and western Quebec. Eloro recently announced its proposed acquisition of a 100% undivided interest in the La Victoria property, located in the prolific North-Central Mineral Belt of Peru. The La Victoria Property consists of properties totalling eight mining concessions encompassing approximately 35.9 square kilometres together with 3 mineral claims totalling 15 square kilometers. The Property is within 50 kilometres of several producing gold mines, with three producers visible from the property. Infrastructure in the area is good with access to road, water and electricity and is located at an altitude that ranges from 3,100 m to 4,200 m above sea level.

About Tartisan Resources Corp.

Tartisan is a mineral exploration and development company based in Toronto, Canada with an emphasis on properties in Peru. The company owns the La Victoria property located in the northern Ancash Department, Peru. La Victoria property is located within 50 km of several producing mines including: La Arena owned by Tahoe Resources, Lagunas Norte (Alto Chicama) owned by Barrick Gold Corporation (TSX:ABX) and Santa Rosa owned by Compañia Minera Aurífera Santa Rosa (COMARSA).

For further information please contact: Thomas G. Larsen, President and CEO of Eloro or Jorge Estepa, Vice-President of Eloro at (416) 868-9168 or Mark Appleby, CEO of Tartisan Resources at (416) 804-0280.
Information in this news release may contain forward-looking information. Statements containing forward-looking information express, as at the date of this news release, the Corporation’s plans, estimates, forecasts, projections, expectations, or beliefs as to future events or results and are believed to be reasonable based on information currently available to the Corporation. There can be no assurance that forward-looking statements will prove to be accurate. Actual results and future events could differ materially from those anticipated in such statements. Readers should not place undue reliance on forward-looking information.
Neither the TSXV, CSE nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.

Posted in Tartisan Resources | Comments Off on Eloro Resources Receives TSX Venture Exchange Approval to Acquire a 100% Interest in Tartisan’s La Victoria Gold/Silver Property, Ancash, Peru $TTC.ca $ELO.ca

INTERVIEW: GrowPros (GCI:CSE) Natural Pharmaceuticals Derived From Cannabis and Other Medicinal Plants @growprosmmp $GCI.ca

Posted by AGORACOM-JC at 9:46 AM on Wednesday, September 14th, 2016

Comprised Of Two Divisions

Pharmaceutical Division – PhytoPain Pharma

  • A new subsidiary created June 2, 2016. 80% Ownership
  • Mission is the development and commercialization of botanical based pharmaceuticals
  • A clinical stage drug development company engaged in the development of medication to alleviate symptoms related to: Pain,
    Insomnia, anxiety disorder, in patients suffering from Cancer and other, chronic and terminal diseases

WHY DOCTORS NEED PHARMA MARIJUANA SOLUTIONS

  • A Physician’s decision to prescribe a new drug or even a natural health product has to be based on Evidence-Based Medicine > A legal, ethical requirement
  • Currently, no body of evidence exists to not support the prescription or recommendation of medical marijuana in any medical condition, including terminal cancer
  • The GrowPros pharmaceutical product development plan would provide the data necessary for physicians to prescribe or recommend our products

Hub On AGORACOM / Watch Interview Now!

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American Creek Options Three New Properties — Glitter King, Silver Side and Red Tusk $AMK.ca

Posted by AGORACOM-JC at 9:06 AM on Wednesday, September 14th, 2016

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  • Entered into three separate option agreements with an arm’s length third party to acquire the Glitter King, Silver Side and Red Tusk properties
  • all located in British Columbia, Canada
  • Part of the Corporation’s strategy of adding shareholder value by enlarging its gold and silver property portfolio with high quality prospective properties acquired at depressed levels

CARDSTON, ALBERTA–(Sept. 14, 2016) – American Creek Resources Ltd. (TSX VENTURE:AMK) (“American Creek” or “the Corporation”) is pleased to report that it has entered into three separate option agreements with an arm’s length third party to acquire the Glitter King, Silver Side and Red Tusk properties, all located in British Columbia, Canada. These newest acquisitions are part of the Corporation’s strategy of adding shareholder value by enlarging its gold and silver property portfolio with high quality prospective properties acquired at depressed levels in anticipation of a strengthening precious metals market.

Glitter King Property

The Glitter King is located on the eastern side of Pitt Island approximately 90 km south of Prince Rupert, BC. The property is part of the southern extension of the Alexander Terrane which is host to numerous significant massive sulphide deposits such as Windy Craggy, Greens Creek, the Annette/Gravina Island deposits and the Anyox deposits.

Past work on the property by Devlin (1983) and Bradley et al (1987) resulted in the discovery of a massive sulphide showing up to 4 meters thick with a strike length of 1,800 meters and exposed over a vertical dimension of at least 170 meters. The sulphide sheets are typically composed of 40-80% sulphides with copper, gold, silver, lead and zinc. An average of 10 channel samples taken across the thicker, central part of the massive sulphide zone by BP-Selco produced: 2.32% Cu, 52 g/t Ag, 0.48g/t Au, 0.57% Pb and 2.53% Zn. Devlin (1983) reported values as high as 7.8% Cu, 126 g/t Ag, 8.91 g/t Au, 8.7% Zn and 1.6% Pb.

Silver Side Property

The Silver Side property is located in the Kamloops mining division approximately 20 km north of Clearwater, BC and approximately 50 km west of Imperial Metal’s Ruddock Creek lead/zinc deposit.

Exploration work on the Silver Side in 2010 resulted in the discovery of three new bedrock showings of very high grade mineralization of 75-558 g/t Ag, 12-40% Pb and 12-40% Zn. The mineralized zone has been traced over 100 meters on surface.

Red Tusk Property

The Red Tusk property is located in southwestern BC approximately 12 km west of Squamish.

The property bears similarities to VMS deposits such as the nearby past producing Britannia Mine which over nearly 70 years produced more copper than any other mine in BC. The Red Tusk is also noted as one of the mineral occurrences in BC which exhibits some of the characteristics of the famous Eskay Creek-Type of deposits.

Anomalous gold and silver values from the Silver Spider zone included a grab sample of rhyolite that assayed 0.466 oz/ton gold, 166.12 oz/ton silver, 20.06% zinc, 17.89% lead and 0.12% copper.

A 17 meter long trench excavated on the Cirque zone included assays up to 1.47% copper, 7.63% zinc, 1.74% lead, 2.25 oz/ton silver and 0.12 oz/ton gold.

All three properties acquisitions are structured as four year option agreements with terms/payments as follows:

Glitter King

Year one:
$7,500 cash within 30 business days of TSX-V approval.
100,000 American Creek common shares within 10 days of TSX-V approval.
A minimum of $10,000 of exploration work conducted on the property prior to the one year anniversary of the agreement.
Year two:
$10,000 cash
100,000 common shares
$20,000 work commitment
Year three:
$20,000 cash
150,000 common shares
$25,000 work commitment
Year four:
$30,000 cash
200,000 common shares
$35,000 work commitment
The vendor will retain a 3% NSR which can be fully bought out anytime for $500,000 per each 1%.

Silver Side

Year one:
$5,000 cash within 30 business days of TSX-V approval.
50,000 American Creek common shares within 10 days of TSX-V approval.
A minimum of $5,000 of exploration work conducted on the property prior to the one year anniversary of the agreement.
Year two:
$10,000 cash
75,000 common shares
$10,000 work commitment
Year three:
$20,000 cash
100,000 common shares
$30,000 work commitment
Year four:
$30,000 cash
150,000 common shares
$50,000 work commitment
The vendor will retain a 3% NSR which can be fully bought out anytime for $500,000 per each 1%.

Red Tusk

Year one:
$5,000 cash within 30 business days of TSX-V approval.
50,000 American Creek common shares within 10 days of TSX-V approval.
A minimum of $10,000 of exploration work conducted on the property prior to the one year anniversary of the agreement.
Year two:
$10,000 cash
75,000 common shares
$20,000 work commitment
Year three:
$20,000 cash
100,000 common shares
$30,000 work commitment
Year four:
$30,000 cash
150,000 common shares
$50,000 work commitment
The vendor will retain a 3% NSR which can be fully bought out anytime for $500,000 per each 1%.

All cash payments, share payments and work commitment amounts in each of the three agreements may be accelerated at American Creek’s choosing.

All shares issued under these option agreements will be subject to a statutory 4 month hold period.

These option agreements are subject to approval by the TSX Venture Exchange.

Darren Blaney, American Creek President & CEO stated: “With Walter Storm’s Tudor Gold Corp. now operating both the Treaty Creek and Electrum projects, the Corporation is now able to create additional shareholder value by advancing the other properties in its portfolio and through acquiring new high potential properties.”

About American Creek

American Creek is a Canadian junior mineral exploration company focused on the acquisition, exploration and development of mineral deposits within the Province of British Columbia, Canada.

In addition to these newly announced acquisitions, the Corporation has a portfolio of gold and silver properties in various regions of the province:

Treaty Creek property – American Creek holds a 20% fully carried interest to production in the Treaty Creek JV with operator Tudor Gold Corp (“Tudor”) holding a 60% interest and Teuton Resources Corp. holding the remaining 20%. An extensive magnetotelluric geophysical survey was recently completed and Tudor is currently conducting a diamond drilling program on the property. The Treaty Creek property is located in the “Golden Triangle” of northwestern BC immediately adjacent to Seabridge Gold’s KSM deposit.

Electrum property – American Creek holds a 40% interest in the Electrum JV with operator Tudor holding a 60% interest. The property is located in the “Golden Triangle” of northwestern BC between Pretivm’s Brucejack gold deposit located 25 km to the north and the past producing Premier gold mine 20 km to the south. A diamond drilling and trenching program is currently being conducted by Tudor on the property.

Gold Hill property – American Creek holds a 100% interest in the Gold Hill property located east of Fort Steele, BC in the Boulder Creek watershed. The Wildhorse River, to which Boulder Creek is a headwater tributary, is the site of one of Canada’s biggest historic gold rushes with approximately 42 tonnes of placer gold reportedly being recovered from the Wildhorse below the confluence of Boulder Creek. A field mapping and sampling program is currently being conducted on the property.

Austruck-Bonanza property – American Creek holds a 100% interest in the Austruck-Bonanza property located approximately 50 km north of Kamloops, BC. The property is immediately adjacent to WestKam Gold Corp.’s Bonaparte Project and is in very close proximity to the Bonaparte pit. In July of 2016, WestKam began a 10,000 tonne bulk sample program to further test near-surface high grade gold veins. American Creek is watching the WestKam Bonaparte program closely and is in the process of planning further exploration on the property.

Silvershot property – American Creek holds a 100% interest in the Silvershot property also located in BC’s “Golden Triangle” approximately 7 km northeast of Stewart. The property is near the past producing Portland Canal mine and also the Dunwell mine.

D1-McBride property – American Creek holds a 100% interest in the D1-McBride property located 64 km southeast of Dease Lake, BC. The property hosts the Discovery showing with high grade gold, silver, lead and zinc.

Information relating to the Corporation is available on its website at www.americancreek.com.

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

American Creek Resources Ltd.
Kelvin Burton
403 752-4040
[email protected]
www.americancreek.com

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Durango Samples 79 Outcrops at Nemaska, Quebec $DGO.ca

Posted by AGORACOM-JC at 9:54 AM on Tuesday, September 13th, 2016

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  • Pegmatites were discovered and mapped and some samples sent for assay from its group of lithium claims located near Nemaska, Quebec
  • On the West block of claims, a few outcrops were located close to the southern boundary of Nemaska Lithium boundary and were made up of granite.

Vancouver, BC / September 13, 2016 – Durango Resources Inc. (TSX.V-DGO), (the “Company” or “Durango”) reports that further to its news release of September 8, 2016, pegmatites were discovered and mapped and some samples sent for assay from its group of lithium claims located near Nemaska, Quebec.

The pegmatites were discovered on the North, South and Eastern blocks of Durango’s claims in the recently completed program. On the West block of claims, a few outcrops were located close to the southern boundary of Nemaska Lithium boundary and were made up of granite.

Durango’s professional exploration team made a total of two hundred outcrop discoveries on its four claim blocks. The outcrops were examined by rock breaking and hand lens observation. From the 200 outcrop discoveries, a total of seventy-nine were sampled and sent for assay. Eight blank samples were also added and sent in for assay as Quality Assurance and Quality Control.

Nemaska Lithium Inc. announced on September 6, 2016 that drilling southwest of the deposit intercepted lithium rich pegmatite dykes at shallow depth. With the abundance of historical work completed on Nemaska’s immediate deposit area, Nemaska Lithium has proven that step out drilling from the known deposit area has discovered lithium rich pegmatite dykes below the overburden.

Marcy Kiesman, CEO of Durango, comments, “Nemaska Lithium’s success on the drill intercepts announced on September 6, 2016 may suggest the pegmatite dykes beneath overburden are pervasive, or without interruption. Drill intercepts were made where no pegmatite dykes are outcropping, so Durango plans to plot the current drilling data to derive any potential projections onto Durango’s neighboring claims.”

Durango expects results from its program to be released in the near future and will provide a news release once the results have been processed.

The technical contents of this release were approved by Mr. Donald Theberge, PEng., MBA, a qualified person as defined by National Instrument 43-101. The property has not been 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 or project development programs and the impact on the Company of these events. Forward-looking information is subject to significant risks and uncertainties, 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 the Company’s 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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American Creek’s JV Partner Tudor Gold Corp. Trenches 30,200 G/T Silver at the Electrum Project $AMK.ca

Posted by AGORACOM-JC at 9:12 AM on Tuesday, September 13th, 2016

  • Released initial results from the blasted bedrock trenching program being conducted on the Electrum property
  • 12 representative specimens collected from the structure averages 3,461.92 grams (111.30 oz) silver per tonne and 2.24 grams gold per tonne

CARDSTON, ALBERTA–(Sept. 13, 2016) – American Creek Resources Ltd (TSX VENTURE:AMK) (“the Corporation” or “American Creek”) is pleased to announce that Tudor Gold Corp. (“Tudor”) has released initial results from the blasted bedrock trenching program being conducted on the Electrum property in the “Golden Triangle” of NW British Columbia. The program has expanded the high-grade silver-gold mineralization at the New Blast Zone.

The Electrum project is a joint venture between project operator Tudor (60%) and American Creek (40%).

The surface blasting program was started after the completion of the 2016 Electrum drill program, from which complete assay results are still pending and will be released once received and compiled. In total 19 drill holes, totaling 1,406 meters were completed. A total of 1,492 core samples were collected and assayed. Standard sample interval was one meter with 0.25m sub samples collected to test contacts and anomalous intervals. A specialized diamond coring drill was utilized which has the capability to drill flat holes and provides the ability to drill targets of interest with more precision. Low angle drill geometry allows Tudor to take advantage of mountainside geometry and follow the surface exposed mineralization down dip.

Twelve representative specimens were collected across a central vein system on the New Blast Zone. It is approximately 5 m wide and currently exposed for 15 meters along strike. The vein system is open in both directions and at depth. The central axis of the vein system is infilled with a fine-grained blackish, blue-grey mineralization. The northern contact of which is a 0.5m wide sharp edged quartz fragments in a foliated sulphide-quartz-carbonate matrix. The sulphides are pyrite, pyrrhotite, with thin galena/silver seams. The twelve representative specimens collected from the structure averages 3,461.92 grams (111.30 oz) silver per tonne and 2.24 grams gold per tonne. An 8 cm wide silver sulphide core seam returned 30,200 grams (1,065.3 oz) silver per tonne.

The following table lists the New Blast Zone results.

Analyte Symbol Au Ag As Cu Pb Zn
Unit Symbol g/mt g/tonne % % % %
Detection Limit Field 0.005 3 0.01 0.001 0.003 0.001
Analysis Method Trench # Description FA-AA FA-GRA ICP-OES ICP-OES ICP-OES ICP-OES
E903305 NBT01 vuggy central vein 2.57 866 0.02 0.033 4.37 0.062
E903306 NBT01 vuggy qtz vein 1.64 381 < 0.01 0.012 0.894 0.068
E903307 NBT01 fine grained galena 1.01 2670 0.08 0.33 31.4 1.86
E903308 NBT01 ‘gouge’ 4.67 3070 0.11 0.035 18 0.105
E902451 NBT01 Qtz sulphide bx 0.212 30200 0.03 0.002 0.081 0.004
E902454 NBT01 Qtz vein 1.49 36 0.03 0.021 0.183 0.2
E902456 NBT01 Rk 1 & Rk 2
contact		 5.78 1020 0.13 0.523 5.47 7.51
E902459 NBT01 Rk type 1 ‘ore’ 5.03 1500 0.1 0.456 7.95 15.2
E902462 NBT01 Rk type 2 (footwall) 1.43 787 0.1 0.339 5.89 11.6
E902465 NBT01 massive sulphide
(py)		 0.296 46 0.05 0.002 0.011 0.011
E902467 NBT01 Rk type 3 (hanging
wall)		 1.68 922 0.02 0.018 2.61 0.06
E902468 NBT01 Qtz galena crystals 1.11 45 0.02 0.045 0.231 0.749

Blast trenching is now being conducted on the Shiny Cliff Zone. It has exposed mineralization which is similar in nature to that at the New Blast Zone. Blast rock samples from the Shiny Cliff area have been sent in for analysis. Trenching and sampling is ongoing to see if the mineralization connects between the Shiny Cliff and New Blast.

Based on the results, Tudor intends on applying for a permit from the BC Ministry of Energy & Mines to remove a bulk sample of mineralized material from the Electrum property. The bulk sample program is intended to investigate the metallurgical properties and determine mineralized grades.

Walter Storm, President and CEO of Tudor stated: “We are very pleased with the results of the work on the Electrum this summer as we have increased the known mineralized gold and silver zones.”

Darren Blaney, President and CEO of American Creek stated: “As more work is conducted at Electrum, the mineralized area continues to impress. Tudor’s plan to conduct a bulk sample program opens up the real possibility of a revenue stream from recoverable silver and gold.”

The Electrum project (which includes the historic East Gold mine) is located approximately 25 km south of Pretium’s Brucejack gold mine and approximately 20 km north of the past producing Premier gold/silver mine. The Electrum shares similar geology with both the Brucejack and the Premier. The Electrum is road accessible and is only 45 km from world- class concentrate shipping port facilities located in Stewart.

Quality Assurance/Quality Control

Analytical work for trench specimens is being carried out by Actlabs Kamloops, (Accredited Laboratory No. 790). Quality assurance and quality control programs include the use of analytical blanks and standards and duplicates in addition to the labs own internal quality assurance program.

All specimens were first analyzed according to the following procedures.

1 — gold Au (0.005 – 10 ppm) by 30g Fire Assay / AA where Au >3 g/t, automatically analyse a new 250g reject split for Au by 50g Fire Assay / Gravimetric finish
2 — Ag (3 – 10,000 g/t) by 30g Fire Assay / Gravimetric finish
3 — Assay Grade, 0.5g Aqua Regia (Partial) Digestion with ICP-OES analysis for the following four elements and detection limits: As (0.01%), Cu (0.001%), Pb (0.003%), Zn (0.001%)

All samples were then treated by “Gold by Metallic Screen Fire Assay”. This entails a representative 1000g of pulverized sample sieved at 100 mesh (150 micron), with assays performed on the entire +100 mesh fraction and two splits of the -100 mesh fraction. A final assay is calculated based on the weight of each fraction.

The Qualified Person for the Electrum exploration program is Alex Burton, P. Eng., P. Geo. for the purposes of National Instrument 43-101.

American Creek is also part of a JV agreement with Tudor and Teuton Resources Corp. on the Treaty Creek project immediately north of Seabridge Gold’s KSM project, also located in the “Golden Triangle”. Tudor is currently conducting a diamond drilling program at Treaty Creek.

Of note is a quote from the recent 2014 – Nelson/Kyba – British Columbia Geological Survey report : Structural and stratigraphic control of porphyry and related mineralization in the Treaty Glacier – KSM – Brucejack – Stewart trend of western Stikinia….”One of the most important trends of northwestern British Columbia extends from near the town of Stewart north to the Treaty Glacier.” Both the Electrum and Treaty Creek projects are located within this described mineralized trend.

American Creek is also conducting a field program at its 100% owned Gold Hill property located in the Boulder Creek watershed – part of the historic Wildhorse River gold rush that took place east of Fort Steele, BC.

American Creek Resources Ltd. is a Canadian junior mineral exploration company focused on the acquisition, exploration and development of mineral deposits within the Province of British Columbia, Canada.

Information relating to the Corporation is available on its website at www.americancreek.com

Cautionary Statements regarding Forward-Looking Information

Certain statements contained in this press release constitute forward-looking information. These statements relate to future events or future performance. The use of any of the words “could”, “intend”, “expect”, “believe”, “will”, “projected”, “estimated” and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on the Company’s current belief or assumptions as to the outcome and timing of such future events. Actual future results may differ materially.

All statements including, without limitation, statements relating to the potential mineralization and geological merits of the Electrum property and other future plans, objectives or expectations of the Company are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company’s plans or expectations include risks relating to the actual results of current exploration activities, fluctuating gold prices, possibility of equipment breakdowns and delays, exploration cost overruns, availability of capital and financing, general economic, market or business conditions, regulatory changes, timeliness of government or regulatory approvals and other risks detailed herein and from time to time in the filings made by the Company with securities regulators. The Company expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise except as otherwise required by applicable securities legislation.

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.

Contact Information

Kelvin Burton
403 752-4040
[email protected]
www.americancreek.com

 

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FEATURE: Explor Resources (EXS: TSX-V) 609K oz Indicated / 470K oz Inferred Gold $EXS.ca

Posted by AGORACOM-JC at 11:14 AM on Monday, September 12th, 2016

Why Explor Resources?

  • Flagship Property Offers The Following:
  • NI 43-101 Resource – 609,000 oz Indicated / 470,000 Inferred
  • Teck Resources To Spend $12 MILLION To Earn 70%
  • Property Is 13 KM From Downtown Timmins
  • 2nd Project 43-101 Open Pit Resource
  • 1.4 MILLION T Indicated @ 1.38% Copper
  • 2.09 MILLION T Inferred @ 1.26% Copper

ONTARIO AND NEW BRUNSWICK PROPERTIES CURRENTLY UNDER EXPLORATION

Timmins Porcupine West (TPW) (4300 ha)

  • NI 43-101 Resource: 609,000 oz Indicated
    470,000 oz Inferred Gold
  • 13 km from downtown Timmins
  • Property is 2.5 km, NE of LSG West Timmins Mine
  • Model: Hollinger McIntyre Gold System: 30,000,000 oz. Au
  • Discovery Hole 10-30 : 9.22g/tonne over 11.0 meters
  • Optioned to Teck Resources
  • Teck to spend $12,000,000 to earn 70% interest

Chester Copper & VMS Project (3500ha)

  • Mineral Target: Cu, Pb, Zn, Ag, & Au
  • 70 km SW of Bathurst NB
  • Structural Model Complete
  • 300 m wide x 2000m long mineralized Corridor identified
  • Ramp to ore zone (480 meter long (3m x 4m)
  • Optioned to Brunswick Resources (BRU)
  • Brunswick to spend $500,000 over 3 years
  • Explore to receive $40,000 and 5,000,000 shares of BRU
  • Open pit resource – NI 43-101 Resource: 1,400,000 Indicated t @ 1.38% Cu
    2,089,000 Inferred t @ 1.26 % Cu


Kidd Creek Project (2466 ha)

  • Mineral Target: Cu-Zn Ore
  • Located 1.0 km west of Kidd Creek Mine
  • Kidd Mine yielded 130M tonnes of Cu-Zn Ore since 1960
  • Numerous Geophysical max/min and IP Targets
  • Diamond Drilling winter 2015/2016

QUEBEC PROPERTIES CURRENTLY UNDER EXPLORATION

East Bay (3203 ha):

  • Mineral Target: Gold
  • Lies on Porcupine Destor Fault Zone, on strike with Beattie & Donchester mine
  • Historical channel samples by Lacana Mining in 1982 including: 0.81 oz/ton over 5ft; 0.16 oz/ton over 6 ft; 0.10 oz/ton over 10 ft
  • Wrap around Clifton Star

Nelligan (1198 ha):

  • Mineral Target: Nickel
  • Located in Val d’Or mining district of Quebec
  • Historical grab samples of 10% Ni and 0.6% Cu obtained by INCO
  • Discovered anomalous Nickel, Copper Zones

Launay (2250 ha):

  • Mineral Target: Nickel
  • Mineralized zones contained in mafic volcanic rocks
  • Contiguous to Royal Nickel’s Dumont property (NW end)

Hub On AGORACOM / Corporate Profile

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Durango’s Neighbour Discovers New Mineralized Zone at Whabouchi $DGO.ca

Posted by AGORACOM-JC at 11:22 AM on Thursday, September 8th, 2016

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  • Expects assay results soon for its initial reconnaissance program at its 100%-owned NMX group of properties
  • Located in northern Quebec adjacent to Nemaska Lithium Inc
  • Marcy Kiesman, CEO of Durango, comments, “Nemaska Lithium’s (TSX-NMX) drilling news of September 6, 2016 is very exciting for Durango as the discovery of a new mineralized lithium zone at the Whabouchi property confirms the lateral extension of up to 100m east and west. This discovery is very positive for Durango because of its close proximity to both the proposed pit and current drilling program.”

Vancouver, BC / September 8, 2016 – Durango Resources Inc. (TSX.V-DGO), (the “Company” or “Durango”) announces that further to its news release of August 15, 2016, Durango expects assay results soon for its initial reconnaissance program at its 100%-owned NMX group of properties located in northern Quebec adjacent to Nemaska Lithium Inc.

Marcy Kiesman, CEO of Durango, comments, “Nemaska Lithium’s (TSX-NMX) drilling news of September 6, 2016 is very exciting for Durango as the discovery of a new mineralized lithium zone at the Whabouchi property confirms the lateral extension of up to 100m east and west. This discovery is very positive for Durango because of its close proximity to both the proposed pit and current drilling program.”

A total of 87 grab samples were submitted to ALS Minerals Laboratories in Val d’Or, Quebec, for assay.

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 or project development programs and the impact on the Company of these events. Forward-looking information is subject to significant risks and uncertainties, 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 the Company’s 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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Posted in Durango Resources, Pacific North West Capital | Comments Off on Durango’s Neighbour Discovers New Mineralized Zone at Whabouchi $DGO.ca

Data: All China’s new power demand met by wind and solar last year $HPQ.ca

Posted by AGORACOM-JC at 10:39 AM on Thursday, September 8th, 2016

  • China dramatically increased the portion of its electricity generated from wind and solar in 2015
  • Growth in the two forms of power alone exceeding the rise in the country’s total electricity demand.

China dramatically increased the portion of its electricity generated from wind and solar in 2015, with the growth in the two forms of power alone exceeding the rise in the country’s total electricity demand.

China: Six little known facts about the country’s solar and wind boom

New data collated by Greenpeace shows that the country’s electricity consumption rose 0.5% last year, from 5522 TWh (terawatt hours) to 5550 TWh.

Wind and solar comfortably met this new demand, producing 186.3 TWh and 38.3 TWh of electricity in 2015, compared to 153.4 TWh and 23.3 TWh the year before. That’s a dramatic increase: 21% and 64%, respectively.

Lauri Ch

To give those numbers more context, China’s increase in power generation from wind and solar in 2015 (48 TWh) alone was twice Ireland’s entire electricity demand the previous year (24 TWh).

Half UK energy needs

In fact, Chinese wind alone could have met more than half the UK’s entire energy needs in 2015 (304 TWh).

The expansion of renewable energy generation was made possible by China vastly increasing its wind and solar capacity in 2015, up 28% and 54% respectively on 12 months previously. In total, the country made up nearly half of the world’s new solar and wind capacity last year.

Lauri chart 2

Coal use falls

The increased use of renewable energy, together with a marked economic shift away from heavy industry sectors, has meant that coal use in the country has dropped for a third year in a row, though it is still the biggest source of global CO2 emissions.

Last week, China announced that it was ratifying the Paris climate agreement, alongside the United States, in a move widely hailed as historic.

With the American presidential election now just two months away, it remains to be seen whether the States will be able to catch up in the race to lead the post-fossil fuels global economy.

Source: http://energydesk.greenpeace.org/2016/09/08/data-chinas-new-power-demand-met-wind-solar-last-year/

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Posted in All Recent Posts, HPQ-Silicon Resources Inc. | Comments Off on Data: All China’s new power demand met by wind and solar last year $HPQ.ca

FEATURE: Wagering on eSports is projected to hit $23 BILLION by 2020 $GMBL

Posted by AGORACOM-JC at 3:51 PM on Wednesday, September 7th, 2016

Vgabmlinglarge_copy

Online Wagering Platform for the Future of Competitive Gaming

Why VGambling Inc?

“There is no other way to say it … VGambling represents one of the best potential mega winners I’ve seen in years.” George Tsiolis, AGORACOM Founder

“The Business of eSports Is Set To Explode…. Billions of dollars will soon be wagered on eSports competitions. Brands, consultants and investors are always looking for the next great opportunity and eSports appears to be an able applicant for the role.” Forbes Magazine

The 5 Things You Need To Know:

1. eSports – Over 130 million people from around the world tune in to watch teams of video game players compete with each other.

2. eSports Wagering – Wagering on eSports is projected to hit $23 BILLION by 2020.

3. VGambling is the next generation online gambling company that is built for the purpose of facilitating as much of this wagering as possible

4. VGambling is fully licensed, compliant and authorized to legally transact in eSports wagering.

5. VGambling has assembled a team of officers and board members with significant star power in the world of eSports and online gambling

VIDEO: eSports Investing AGORACOM at League of Legends Finals

Who is VGambling Inc.?

  • Company intends to offer users from around the world the ability to wager on professional e-Sports events for real money in licensed and secure environment.
  • Makes it possible to play in multi-player video game amateur tournaments and win cash prizes.
  • Issued an Internet gambling License by the Kahnawake Gaming Commission in Canada
  • Applied for a License in Antigua and Barbuda.
  • Company intends to conduct real money interactive gaming activities on a global basis from our base in St. John’s, Antigua.
  • Bringing users from these two huge industries together by offering our users from around the world the opportunity to play, and bet on online single and multi-player, video game tournaments for real money in our secure and licensed environment.
  • Utilizing VGambling Inc.’s peer-to-peer wagering system, video game fans and enthusiasts everywhere will be able to place all manner of bets on eSports professional players’ performance. Wagering will be available on a wide range of professional eSports events from around the world.
  • Company also intends to offer the widest selection of video games of skill, designed to be compatible for all applications including mobile and in multiple languages, to be played online for real money in small groups, tournaments and major events

The Opportunity

INTERNET GAMBLING EXPENDITURE IS INCREASING GLOBALLY

Online gambling, also known as Internet gambling and iGambling, is a general term for gambling using the Internet.

  • $40B industry with +20% annual growth
  • Sports betting estimated to be 41% of total online market.
  • Internet gambling represents +10% of global gambling market

eSports

Electronic sports (also known as eSports, e-sports, competitive gaming, or programming in Korea) is a term for organized multiplayer video game competitions. Last year Riot Games’ “League of Legends” world championship had 27 million streaming views. To provide some correlation, it was more than the average viewership of the World Series of baseball, which is the second most viewed sport in the USA. The number of professional eSports tournaments worldwide more than tripled from 430 in 2013 to 1,485 in 2014.

  • eSports organizations hosting major tournaments include the Electronic Sports League in Europe, Major League Gaming in North America, and the Korean eSports Association founded by the Korean government and affliated to the Korean Olympic Committee
  • China and Korea continue to dominate the global eSports market
  • eSports are currently being seriously considered by the IOC as an Olympic sport

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Posted in AGORACOM Client Feature, eSports Investing, VGambling Inc. | Comments Off on FEATURE: Wagering on eSports is projected to hit $23 BILLION by 2020 $GMBL

Eloro Resources Ltd. Files NI 43-101 Technical Report on the La Victoria Gold/Silver Property, Ancash, Peru $TTC.ca

Posted by AGORACOM-JC at 9:44 AM on Wednesday, September 7th, 2016

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  • Technical Report was filed as one of the terms precedent to the acquisition of 100% of La Victoria from Tartisan
  • Technical Report incorporates results of Eloro’s recent geophysical survey and surface mapping programs

TORONTO, ONTARIO–(Sept. 7, 2016) – Eloro Resources Ltd. (TSX VENTURE:ELO)(FRANKFURT:P2Q) (“Eloro“) and Tartisan Resources Corp. (CSE:TTC) (“Tartisan”) are pleased to announce that Eloro has filed a National Instrument (“NI”) 43-101 Technical Report (“Technical Report”) authored by Mr. Luc Pigeon, M.Sc., P.Geo., on the La Victoria Gold/Silver Property (“La Victoria” or the “Property”) in Huandoval District, Pallasca Province, Ancash Department, Peru. The Technical Report was filed as one of the terms precedent to the acquisition of 100% of La Victoria from Tartisan (see News Release dated August 5, 2016). Mr. Pigeon, P.Geo., is a Qualified Person as defined by NI 43-101 and has managed or participated in all exploration programs on the Property since 2012.

The Technical Report incorporates results of Eloro’s recent geophysical survey and surface mapping programs (see press release June 7, 2016), managed by Senior Technical Advisor Dr. Bill Pearson, P.Geo. The geophysical survey was overseen by Dr. Chris Hale, P.Geo. of Intelligent Exploration, Guelph, Ontario, Canada, while a property-wide lithological, structural and alteration mapping program was managed by well-known Bolivian economic geologist Dr. Osvaldo Arce, La Paz, Bolivia.

“This NI 43-101 Technical Report is a major step forward in the understanding of the La Victoria Gold/Silver Property,” said Eloro CEO Mr. Tom Larsen, “Results of the new geophysical and geological mapping and sampling programs combined with results of historical work have allowed us to select a number of very prospective targets to test in the upcoming diamond drill program.”

Four principal mineralized zones are identified on the Property: San Markito, Rufina, Victoria and Victoria South. The Rufina and San Markito zones are the most advanced targets and are recommended for drilling whereas the Victoria and Victoria South zones are at an early exploration stage. In general, mineralization occurs within breccias and veins that contain significant gold and silver concentrations and trace element characteristics that are compatible with epithermal deposits especially the low sulphidation type.

A two-part Phase I exploration program is recommended. The first part is budgeted at US$250,000 and includes permits, road work and drill pad construction for the diamond drill program, with detailed followup mapping, sampling and geophysical surveys. The Part 2 drill program is budgeted at US$850,000 and includes 3,000m of diamond drilling at San Markito and Rufina. Eloro has initiated discussions with several drill contractors in Peru for the Phase I drilling program.

Exploration Targets

The Property is located within a prolific epithermal gold deposit belt that extends from Cajamarca to Ancash and includes such gold deposits as Yanacocha, Lagunas Norte and La Arena. The La Arena mine is located 50km northwest of the property.

At the Rufina mineralized zone, five vein sets of 20m to 70m in width were identified at the Rufina West mineralized zone, with lengths ranging from 10m to possibly 500m, with an average exposure of some 150m. Vein sets are composed of iron oxide-quartz-arsenopyrite-hydroxide-sulphate minerals in veinlet swarms, stockworks, and breccia zones. Veins are dominantly tensional, and are characterized by open space filling fabrics. Mineralization below the oxidation layer contains pyrite, bornite, chalcopyrite, and arsenopyrite, and where a 40-cm chip sample massive arsenopyrite sample carried 68.3 g/t gold, 52.7 g/t silver, and 0.77% copper. Chip channel sampling within the Rufina mountain underground workings identified several gold rich arsenopyrite veins. One sample returned an elevated gold concentration of 15.1 g/t Au over 0.5 m and 136.4 g/t Ag, 1.61% lead and 3.75% zinc. Three alteration samples from the recent sampling returned an averaged 8.8 g/t gold and 23.8 g/t silver.

Structural settings include faults and fractures bounded by brittle-ductile fault systems and shear zones. They are well developed in intrusive rocks as well as underlying sediments of the Chicama Fm.

The 2D inverse geophysical interpretation from the induced polarization survey shows that the high resistance diorite (the main mineralized lithology present on the Rufina zone) is concentrated near the surface and is underlain by conductive and chargeable sedimentary rocks. There appears to be a chargeability anomaly concentrated along the contact between the diorite and the underlying Chicama Fm sediments; since the anomaly also shows a higher resistivity value than what is usual for the Chicama Fm, it is interpreted to be mineralization along the contact; this is a high-priority drill target.

The San Markito mineralized zone is approximately 1,300m long and 400m wide and is open along strike to the northwest. Mineralization occurs within breccias and veins that strike northwest and dip to the northeast at between 55 and 80 degrees. The breccias vary in lengths between 30m and 200m with widths between 5m and 20m; veins are between 20cm and 1.0m in width and have been traced up to 160m, although most identified veins are between 10m and 20m long. The breccia mineralization is composed of quartz, pyrite, arsenopyrite, iron-oxide, malachite and other secondary oxides and sulphates minerals whereas the vein mineralization is composed of quartz, arsenopyrite, chalcopyrite, pyrite, iron oxides (limonite), hydroxides (goethite) and sulphate (jarosite).

San Markito gold and silver values range from trace values to 2.27 g/t gold in the veins and to 1,814 g/t silver in the breccias. Lead, arsenic, and antimony are also enriched with lead reaching 16.82% and the latter two over the 1% analytical limit. In addition, copper values from two breccia samples returned anomalous values up to 2.31%.

The Victoria South zone is located between San Markito and Rufina zones. The host rocks are dominantly the Upper Jurassic Chicama Formation. The zone is comprised of structural vein sets ranging between 5 to 30m in width composed of iron and manganese oxides, quartz, arsenopyrite, pyrite and goethite. Most of the vein sets are bounded by faults and shear zones, with a dominant E-W east-west strike and subvertical to vertical dips. Vein lengths range from from 5m to possibly 50m, and between 1cm and 40cm in width, averaging 20cm. The main vein system is the San Carlos which was exploited for about 50m along strike. It consists of 2-3 quartz veins with abundant gossan, limonite, drusy quartz and arsenopyrite in a shear zone. Gold values mineralization range from 0.027 g/t Au up to 8.4 g/t Au over 1.2m. Silver values vary between negligible to 39.0 g/t over 1.5m. Arsenic concentrations can exceed the 10% detection limit in gold-rich samples. Lead and Zn concentrations are negligible.

The Victoria Au-Ag zone is located east of the San Markito zone within the Victoria intrusion QFP and diorite rocks near the contact with the sedimentary rocks of the Chimu Fm. Mineralized structures vary from 10 m to 100 m and widths vary from 0.1 m to 0.9 m. Surface vein material is composed of anhedral quartz and secondary iron oxide and hydroxide minerals producing a distinctive dark brown to rusty yellowish brown color. Gold and Ag values vary from trace to 14.4 g/t Au and 927 g/t Ag respectively. Copper values are elevated in most samples to a maximum of 4.29% Cu.

The Technical Report titled “NI 43-101 Technical Report on the La Victoria Au-Ag Property, Ancash, Peru” has been filed and is available under Eloro’s profile on SEDAR (www.sedar.com).

About Eloro Resources Ltd.

Eloro is an exploration and mine development company with a portfolio of gold and base-metal properties in northern Peru and western Quebec. Eloro recently announced its proposed acquisition of a 100% undivided interest in the La Victoria property, located in the prolific North-Central Mineral Belt of Peru. The La Victoria Property consists of properties totalling eight mining concessions encompassing approximately 35.9 square kilometres together with 3 mineral claims totalling 15 square kilometers. The Property is within 50 kilometres of several producing gold mines, with three producers visible from the property. Infrastructure in the area is good with access to road, water and electricity and is located at an altitude that ranges from 3,100 m to 4,200 m above sea level.

About Tartisan Resources Corp.

Tartisan is a mineral exploration and development company based in Toronto, Canada with an emphasis on properties in Peru. The company owns the La Victoria property located in the northern Ancash Department, Peru. La Victoria property is located within 50 km of several producing mines including: La Arena owned by Tahoe Resources, Lagunas Norte (Alto Chicama) owned by Barrick Gold Corporation and Santa Rosa owned by Compañia Minera Aurífera Santa Rosa (COMARSA).

Information in this news release may contain forward-looking information. Statements containing forward-looking information express, as at the date of this news release, the Corporation’s plans, estimates, forecasts, projections, expectations, or beliefs as to future events or results and are believed to be reasonable based on information currently available to the Corporation. There can be no assurance that forward-looking statements will prove to be accurate. Actual results and future events could differ materially from those anticipated in such statements. Readers should not place undue reliance on forward-looking information.

Neither the TSXV, CSE nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.

Jim Steel MBA, P.Geo., a Qualified Person in the context of NI 43-101 has reviewed and approved the technical content of this news release.

Contact Information

Eloro Resources Ltd.
Thomas G. Larsen
President and CEO
(416) 868-9168

Eloro Resources Ltd.
Jorge Estepa
Vice-President
(416) 868-9168
www.elororesources.com

Tartisan Resources
Mark Appleby
CEO
(416) 804-0280

Posted in Tartisan Resources | Comments Off on Eloro Resources Ltd. Files NI 43-101 Technical Report on the La Victoria Gold/Silver Property, Ancash, Peru $TTC.ca

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