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Power Nickel Continues to Uncover High-Grade Discoveries at Lion Zone – A Step Closer to Major Expansion

Posted by Paul Nanuwa at 11:40 AM on Friday, November 15th, 2024

In the dynamic world of mineral exploration, where risk meets opportunity, Power Nickel Inc. (PNPN:TSX-V) (PNPNF:OTCQB) has once again captured investor attention with its latest drilling results from the Lion Zone. With assays confirming exceptional grades of copper equivalent (CuEq), this Canadian junior exploration company is setting the stage for transformative growth. The announcement comes as the company continues to solidify its position in the high-stakes race to develop Canada’s next polymetallic mine.

Background and Context: Power Nickel’s Journey and Vision

Founded on the ambition to unlock Canada’s mineral wealth, Power Nickel has carved out a niche in the exploration and development of high-grade nickel-copper-platinum group metal (PGM) deposits. Its flagship Nisk Project—acquired in 2021—covers an extensive 20-kilometer land package in Quebec, rich with untapped potential.

The Lion Zone, a part of the Nisk Project, has been the focal point of Power Nickel’s recent exploration efforts. Located in a region with a strong mining legacy, the zone’s polymetallic deposits are promising not only for their grade but also for their economic feasibility, thanks to modern mining technologies and infrastructure in Quebec.

This latest update builds on Power Nickel’s history of strategic exploration success, highlighting its ability to deliver consistent, high-grade results.

Key Highlights and Advantages: A Roaring Discovery

Power Nickel’s recent assay results underline the Lion Zone’s remarkable potential. Among the highlights:

  • Hole PN-24-072 delivered 19.6 meters of 3.82% CuEq, including:
    • 4.5 meters of exceptionally high-grade mineralization at 6.4% CuEq.
  • Hole PN-24-074 yielded 23.55 meters of 0.6% CuEq, featuring:
    • 2.5 meters of 5.1% CuEq, demonstrating concentrated mineralization.
  • Hole PN-24-075 recorded 19.2 meters of 1.04% CuEq, with intervals of:
    • 3.4 meters containing 3.6 g/t palladium (Pd) and 3.38 g/t platinum (Pt).

These results not only confirm the zone’s polymetallic nature but also highlight its versatility with recoverable gold, silver, platinum, palladium, nickel, and copper.

The company’s utilization of downhole electromagnetic (EM) technology is enhancing its exploration efficiency, enabling larger step-outs and accelerating discovery.

Potential Impact: Shaping the Future of Polymetallic Mining

The Lion Zone discovery positions Power Nickel to play a pivotal role in Canada’s mining sector, addressing growing global demand for critical minerals. Key advantages include:

  • Economic Potential: High-grade deposits like these reduce operational costs and improve project viability.
  • Environmental Efficiency: Concentrated mineralization may allow for more efficient extraction, aligning with sustainable mining practices.
  • Strategic Relevance: With demand for PGMs, nickel, and copper surging due to their role in electric vehicles and renewable energy systems, Power Nickel is well-placed to capitalize on global market trends.

Expert Insights: Confidence in the Lion Zone

Terry Lynch, CEO of Power Nickel, expressed enthusiasm about the findings:
“The summer of 2024 will be remembered as an epic one regarding the Lion Zone. As we push west, we’re refining our understanding of the zone, and the results are only getting better. Expect more roars from the Lion Zone soon.”

Kenneth Williamson, Vice President of Exploration, emphasized the company’s commitment to precision-driven expansion:
“We are actively processing data from advanced geophysical techniques, which will enable us to step out confidently and uncover the zone’s full potential.”

Challenges and Considerations: Navigating the Road Ahead

While the results are promising, challenges remain:

  • Exploration Risks: As with any mining project, geological variability could impact future results.
  • Market Volatility: Fluctuating commodity prices may influence project economics.
  • Operational Scalability: Scaling up to meet exploration goals will require sustained capital and technical expertise.

Power Nickel’s strategy of employing rigorous quality assurance and geophysical techniques demonstrates its proactive approach to mitigating these risks.

Conclusion: A Lion’s Leap Towards Mining Excellence

Power Nickel’s latest drilling results from the Lion Zone underscore the company’s ability to deliver exceptional exploration outcomes. With significant grades of CuEq and a clear strategy for expansion, Power Nickel is proving itself as a formidable player in the quest for Canada’s next major polymetallic mine.

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DISCLAIMER AND DISCLOSURE

This record is published on behalf of the featured company or companies mentioned (Collectively “Clients”), which are paid clients of Agora Internet Relations Corp or AGORACOM Investor Relations Corp. (Collectively “AGORACOM”)

AGORACOM.com is a platform. AGORACOM is an online marketing agency that is compensated by public companies to provide online marketing, branding and awareness through Advertising in the form of content on AGORACOM.com, its related websites (smallcapepicenter.com; smallcappodcast.com; smallcapagora.com) and all of their social media sites (Collectively “AGORACOM Network”) . As such please assume any of the companies mentioned above have paid for the creation, publication and dissemination of this article / post.

You understand that AGORACOM receives either monetary or securities compensation for our services, including creating, publishing and distributing content on behalf of Clients, which includes but is not limited to articles, press releases, videos, interview transcripts, industry bulletins, reports, GIFs, JPEGs, (Collectively “Records”) and other records by or on behalf of clients. Although AGORACOM compensation is not tied to the sale or appreciation of any securities, we stand to benefit from any volume or stock appreciation of our Clients. In exchange for publishing services rendered by AGORACOM on behalf of Clients, AGORACOM receives annual cash and/or securities compensation of typically up to $125,000.

Facts relied upon by AGORACOM are generally provided by clients or gathered by AGORACOM from other public sources including press releases, SEDAR and/or EDGAR filings, website, powerpoint presentations. These facts may be in error and if so, Records created by AGORACOM may be materially different. In our video interviews or video content, opinions are those of our guests or interviewees and do not necessarily reflect the opinion of AGORACOM.

From time to time, reference may be made in our marketing materials to prior Records we have published. These references may be selective, may reference only a portion of an article or recommendation, and are likely not to be current. As markets change continuously, previously published information and data may not be current and should not be relied upon.

NO INVESTMENT ADVICE

This record, and any record we publish by or on behalf of our clients, should not be construed as an offer or solicitation to buy or sell products or securities.

You understand and agree that no content in this record or published by AGORACOM constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is suitable or advisable for any specific person and that no such content is tailored to any specific person’s needs. We will never advise you personally concerning the nature, potential, advisability, value or suitability of any particular security, portfolio of securities, transaction, investment strategy, or other matter.

Neither the writer of this record nor AGORACOM is an investment advisor. Both are neither licensed to provide nor are making any buy or sell recommendations. For more information about this or any other company, please review their public documents to conduct your own due diligence.

If you have any questions, please direct them to [email protected]

For our full website disclaimer, please visit https://agoracom.com/terms-and-conditions

Power Nickel Unveils Massive Intersection in Latest Exploration Success

Posted by Paul Nanuwa at 10:09 AM on Tuesday, October 29th, 2024

Canadian Explorer’s Summer Drilling Yields Richest Intersection to Date, Advancing Nickel and Copper Ambitions

Power Nickel Inc. (PNPN:TSX-V) (PNPNF:OTCQB), a Canadian junior exploration company, recently announced a major milestone in its exploration efforts with the discovery of its highest-grade copper equivalent intersection to date at its Lion Zone discovery within the Nisk Project.

This new finding—a 39.6-meter intersection at an impressive 4.19% copper equivalent (CuEq)—further underscores Power Nickel’s vision to establish Canada’s first carbon-neutral nickel mine and positions it as a formidable player in the battery metals sector. With record results and an expanding exploration footprint, Power Nickel’s Nisk Project is drawing attention from investors and industry insiders alike as a potential game-changer in the resource-rich landscape of Canada’s mining industry.

Power Nickel: A Rising Star in Battery Metals

Power Nickel, headquartered in Toronto, specializes in developing nickel and copper resources for sustainable energy applications. Since its inception, the company has focused on advancing its flagship project, the Nisk Property—a 20-kilometer land stretch with promising nickel, copper, and platinum group element (PGE) potential. Unlike conventional mining companies, Power Nickel aims to pioneer environmentally responsible practices in the mining industry, with ambitions to become Canada’s first carbon-neutral nickel mine. This goal resonates in the current market as demand for green energy metals is surging, driven by the global shift toward electric vehicles (EVs) and renewable energy solutions.

Power Nickel’s recent discoveries at the Nisk Project add another layer to the company’s growth narrative. The property, situated in Quebec, holds high-grade mineralization, particularly in its Lion Zone, which has consistently yielded substantial mineral intersections. As CEO Terry Lynch stated, the company is on a path to “build significant tonnage” that could feed into the resource model and advance Canada’s standing in the battery metals supply chain.

Major Milestone in Summer Drilling Campaign

Power Nickel’s summer drilling campaign has produced its biggest intersection to date: translating to rich quantities of valuable metals, including gold, silver, copper, platinum, palladium, and nickel. This record-breaking find is complemented by other recent assays that collectively strengthen the company’s confidence in the continuity and high-grade potential of the Lion Zone. The latest drill hole, PN-24-071, yielded an impressive combination of precious metals and critical minerals, including:

  • 39.6 meters at 0.38 g/t Au, 19.57 g/t Ag, 2.62% Cu, 3.37 g/t Pd, 0.80 g/t Pt, and 0.13% Ni
  • A high-grade sub-section of 11.6 meters at 0.88 g/t Au, 49.9 g/t Ag, 8.25% Cu, 9.57 g/t Pd, 2.64 g/t Pt, and 0.34% Ni

These exceptional results suggest the Lion Zone could yield further high-grade intersections as exploration progresses, with two drills currently on-site to extend the mineralization zone. Furthermore, drilling resumed after a brief hiatus for the local Indigenous hunting season, with plans to expedite sample processing for timely results.

Strategic Advantages in a High-Stakes Industry

The latest findings in Power Nickel’s drilling campaign are not only promising but also well-timed. As nations worldwide transition to renewable energy, nickel and copper have become critical components of the clean energy economy, particularly for EV batteries. This emphasis on battery metals has increased demand and prices for these metals, putting Power Nickel’s exploration results in a positive spotlight. The Lion Zone’s mineral-rich content could provide Power Nickel with distinct advantages, including:

  • High-Grade, Multi-Metal Deposits: Rich in copper, nickel, gold, and PGEs, the deposit provides diversification, catering to multiple market demands.
  • Sustainability-Focused Vision: Aligns with Canada’s broader goal of developing responsible, low-carbon mining operations.
  • Significant Exploration Footprint: Expansive land with potential for further discoveries, ensuring sustained project growth and exploration opportunities.

The results of the summer drilling program set the stage for the fully funded 30,000-meter fall and winter drilling campaign, a move that could solidify Nisk’s standing as a leading asset in Power Nickel’s portfolio. As Lynch highlighted, the discoveries so far are “just the beginning” in realizing Nisk’s full potential.

Impact on Canada’s Clean Energy and Mining Landscape

As global supply chains increasingly look for ethically sourced and environmentally sustainable materials, Power Nickel’s Nisk Project holds broader implications for Canada’s position in the clean energy sector. With the goal of becoming carbon-neutral, Power Nickel aims to establish a mining model that prioritizes environmental stewardship. Not only does this ambition resonate with regulatory bodies, but it also attracts the interest of investors who are increasingly prioritizing Environmental, Social, and Governance (ESG) criteria in their portfolios. Should Power Nickel continue its successful exploration, it could enhance Canada’s competitiveness in the battery metals market, bolstering national efforts to produce and supply clean energy resources.



Expert Insight and Market Relevance

Ken Williamson, Power Nickel’s Vice President of Exploration, sees the Lion Zone as a foundational asset. Williamson points out that the Lion Zone’s significant tonnage and high-grade mineralization offer scalability and efficiency in future mining operations. He also emphasizes that downhole electromagnetic (EM) surveys will play a critical role in guiding exploration, potentially allowing the company to expand the mineralized area rapidly while maintaining data accuracy and resource consistency.

“This intersection has shown us that the Lion Zone is rich, thick, and consistent,” commented Williamson. “With continuous success in drilling, we’re confident in loosening up the grid, which will enable faster growth of the zone. Coupled with our 3D modeling efforts, this positions Power Nickel to maximize the footprint and accuracy of our resource estimates.”

Addressing Challenges and Sustainability Commitments

Despite the positive outlook, Power Nickel faces challenges typical of the mining industry, including market volatility, operational logistics, and environmental regulations. However, the company’s carbon-neutral vision addresses many of these issues proactively. By developing low-emission mining practices and committing to a sustainable exploration model, Power Nickel aims to navigate regulatory landscapes and align with governmental priorities on resource development.

Furthermore, its partnership with GeoVector Management Inc. ensures that all quality assurance and quality control standards are rigorously upheld, an essential factor in building investor confidence and reducing operational risks.

An Exciting Time for Power Nickel and Investors Alike

With high-grade intersections, a commitment to environmental responsibility, and a fully funded exploration program, the company has positioned itself as a leader in the junior mining sector. As Power Nickel continues to uncover the potential of the Nisk Project, the company’s efforts could reshape Canada’s nickel and copper mining landscape, attracting attention from major players in the EV and clean energy markets.

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DISCLAIMER AND DISCLOSURE

This record is published on behalf of the featured company or companies mentioned (Collectively “Clients”), which are paid clients of Agora Internet Relations Corp or AGORACOM Investor Relations Corp. (Collectively “AGORACOM”)

AGORACOM.com is a platform. AGORACOM is an online marketing agency that is compensated by public companies to provide online marketing, branding and awareness through Advertising in the form of content on AGORACOM.com, its related websites (smallcapepicenter.com; smallcappodcast.com; smallcapagora.com) and all of their social media sites (Collectively “AGORACOM Network”) . As such please assume any of the companies mentioned above have paid for the creation, publication and dissemination of this article / post.

You understand that AGORACOM receives either monetary or securities compensation for our services, including creating, publishing and distributing content on behalf of Clients, which includes but is not limited to articles, press releases, videos, interview transcripts, industry bulletins, reports, GIFs, JPEGs, (Collectively “Records”) and other records by or on behalf of clients. Although AGORACOM compensation is not tied to the sale or appreciation of any securities, we stand to benefit from any volume or stock appreciation of our Clients. In exchange for publishing services rendered by AGORACOM on behalf of Clients, AGORACOM receives annual cash and/or securities compensation of typically up to $125,000.

Facts relied upon by AGORACOM are generally provided by clients or gathered by AGORACOM from other public sources including press releases, SEDAR and/or EDGAR filings, website, powerpoint presentations. These facts may be in error and if so, Records created by AGORACOM may be materially different. In our video interviews or video content, opinions are those of our guests or interviewees and do not necessarily reflect the opinion of AGORACOM.

From time to time, reference may be made in our marketing materials to prior Records we have published. These references may be selective, may reference only a portion of an article or recommendation, and are likely not to be current. As markets change continuously, previously published information and data may not be current and should not be relied upon.

NO INVESTMENT ADVICE

This record, and any record we publish by or on behalf of our clients, should not be construed as an offer or solicitation to buy or sell products or securities.

You understand and agree that no content in this record or published by AGORACOM constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is suitable or advisable for any specific person and that no such content is tailored to any specific person’s needs. We will never advise you personally concerning the nature, potential, advisability, value or suitability of any particular security, portfolio of securities, transaction, investment strategy, or other matter.

Neither the writer of this record nor AGORACOM is an investment advisor. Both are neither licensed to provide nor are making any buy or sell recommendations. For more information about this or any other company, please review their public documents to conduct your own due diligence.

If you have any questions, please direct them to [email protected]

For our full website disclaimer, please visit https://agoracom.com/terms-and-conditions

Loncor Gold: Harnessing Industry Momentum Amid Africa’s Green Mining Revolution

Posted by Paul Nanuwa at 1:30 PM on Monday, September 9th, 2024


Introduction

As Africa’s mining landscape evolves toward sustainability, Loncor Gold stands at the forefront of this transformation. The industry’s shift, highlighted by the recent advancements at Kibali, Africa’s largest gold mine, underscores the broader trend of integrating environmental stewardship with operational excellence. Loncor Gold’s ongoing initiatives align seamlessly with this industry-wide progress, positioning the company as a key player in the responsible development of Africa’s gold resources.

Industry Outlook and Loncor Gold’s Trajectory

The African mining sector is undergoing a significant shift, driven by technological advancements and a growing emphasis on sustainability. Kibali’s transition to greener energy sources, with its increased reliance on renewable electricity, sets a precedent that is resonating across the industry. Loncor Gold, with its strategic focus on resource-rich regions like the Democratic Republic of Congo (DRC), is well-positioned to capitalize on these trends. The company’s efforts to balance economic growth with environmental responsibility mirror the broader industry’s trajectory, ensuring that Loncor remains at the cutting edge of gold exploration and production in Africa.

Voices of Authority

Mark Bristow, president and CEO of Barrick, described Kibali as “a real role model for mining in Africa,” emphasizing the mine’s leadership in both automation and renewable energy. This perspective aligns with Loncor Gold’s strategic direction, where the focus is on responsible resource development. As Bristow highlighted the benefits of partnerships with local governments and communities, Loncor’s own commitment to engaging with stakeholders and contributing to local economies in the DRC becomes even more relevant.

Loncor Gold’s Highlights

Nestled just 130 miles from Africa’s largest gold mine, Kibali, Loncor Gold finds itself in great company. Ongoing drilling activities at the Adumbi Gold Project are particularly noteworthy, as they not only aim to expand resource estimates but also demonstrate a commitment to responsible and efficient mining practices.

THE ADUMBI GOLD DEPOSIT – THE 2ND LARGEST IN THE DRC The flagship Adumbi gold deposit, a titan in its own right, is ranked as the second-largest gold deposit in the DRC. Adumbi shines with a substantial 1.88 million ounces of gold (Indicated), alongside an additional 2.1 million ounces of gold (Inferred), with Loncor commanding an impressive 85% stake.

Loncor Gold boasts control over an impressive 4 million ounces of high-grade gold resources
across multiple projects.

$1.3 BILLION IN AFTER TAX VALUE AT GOLD PRICE OF $2,000OZ Boasting an after tax value of $1.3 billion at a conservative $2,000 per ounce, Adumbi promises an average annual production of 303,000 ounces of gold over a decade-long span, with its resource base still expanding. With a mining permit already secured, the path is paved for Adumbi’s development, poised to unlock significant value for Loncor Gold and its stakeholders.

$12 MILLION IN CASH & RECEIVABLES The company has $12 million in cash and short-term receivables which is due to a recent sale of a non-core property and that cash will be put to work on the company’s Adumbi open pit gold deposit.

Real-world Relevance

Loncor Gold’s achievements translate into tangible impacts. The company’s exploration efforts in the DRC are akin to tapping into one of the last great frontiers for gold. Just as Kibali’s advancements have set a benchmark for what’s possible, Loncor’s projects offer a glimpse into the future of gold mining—where economic benefits are balanced with environmental sustainability. This approach not only enhances the company’s value proposition but also ensures that it remains relevant in an increasingly eco-conscious market.

Looking Ahead with Loncor Gold

As the mining industry continues to embrace sustainability and innovation, Loncor Gold’s forward-looking goals are well-aligned with the optimistic industry forecast. The company’s strategic focus on high-potential regions like the DRC, coupled with its commitment to responsible mining practices, positions it for long-term success. With ongoing projects set to unlock further value and a clear vision for growth, Loncor Gold is poised to be a key contributor to the next chapter of Africa’s gold mining story.

Conclusion

Loncor Gold’s trajectory within the rapidly evolving mining sector highlights its potential as a significant player in Africa’s gold industry. The company’s alignment with industry trends—particularly the emphasis on sustainability and technological advancement—reinforces its appeal for growth and responsible stewardship. As Loncor Gold continues to build on its successes, the invitation is clear: now is the time to explore the opportunities that this forward-thinking company has to offer.

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DISCLAIMER AND DISCLOSURE 

This record is published on behalf of the featured company or companies mentioned (Collectively “Clients”), which are paid clients of Agora Internet Relations Corp or AGORACOM Investor Relations Corp. (Collectively “AGORACOM”)

AGORACOM.com is a platform. AGORACOM is an online marketing agency that is compensated by public companies to provide online marketing, branding and awareness through Advertising in the form of content on AGORACOM.com, its related websites (smallcapepicenter.com; smallcappodcast.com; smallcapagora.com) and all of their social media sites (Collectively “AGORACOM Network”) .  As such please assume any of the companies mentioned above have paid for the creation, publication and dissemination of this article / post.

You understand that AGORACOM receives either monetary or securities compensation for our services, including creating, publishing and distributing content on behalf of Clients, which includes but is not limited to articles, press releases, videos, interview transcripts, industry bulletins, reports, GIFs, JPEGs, (Collectively “Records”) and other records by or on behalf of clients. Although AGORACOM compensation is not tied to the sale or appreciation of any securities, we stand to benefit from any volume or stock appreciation of our Clients.  In exchange for publishing services rendered by AGORACOM on behalf of Clients, AGORACOM receives annual cash and/or securities compensation of typically up to $125,000.

Facts relied upon by AGORACOM are generally provided by clients or gathered by AGORACOM from other public sources including press releases, SEDAR and/or EDGAR filings, website, powerpoint presentations.  These facts may be in error and if so, Records created by AGORACOM may be materially different. In our video interviews or video content, opinions are those of our guests or interviewees and do not necessarily reflect the opinion of AGORACOM.

From time to time, reference may be made in our marketing materials to prior Records we have published. These references may be selective, may reference only a portion of an article or recommendation, and are likely not to be current. As markets change continuously, previously published information and data may not be current and should not be relied upon.

NO INVESTMENT ADVICE

This record, and any record we publish by or on behalf of our clients, should not be construed as an offer or solicitation to buy or sell products or securities.

You understand and agree that no content in this record or published by AGORACOM constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is suitable or advisable for any specific person and that no such content is tailored to any specific person’s needs. We will never advise you personally concerning the nature, potential, advisability, value or suitability of any particular security, portfolio of securities, transaction, investment strategy, or other matter.

Neither the writer of this record nor AGORACOM is an investment advisor.  Both are neither licensed to provide nor are making any buy or sell recommendations. For more information about this or any other company, please review their public documents to conduct your own due diligence.

If you have any questions, please direct them to [email protected]

For our full website disclaimer, please visit  https://agoracom.com/terms-and-conditions

 

Vertical Exploration $VERT.ca Retains WSP Canada Inc. To Assist With St-Onge Wollastonite Quarry Permitting Application $TORR.ca $FA.ca $WEED.ca $CGC $ACB $APH $CRON.ca $HEXO.ca $TRST.ca $OGI.ca

Posted by AGORACOM at 12:48 PM on Thursday, June 18th, 2020
  • Retained WSP Canada Inc. (WSP) to assist Vertical with its quarry permitting application.
  • Vertical’s operations partner, Magnor Exploration Inc., will work with WSP to support the preparation, drafting and submission of the full quarry permitting request

VANCOUVER, BC / ACCESSWIRE / June 18, 2020 / VERTICAL EXPLORATION INC. (TSX-V:VERT) (“Vertical”or “the Company”) is pleased to announce it has retained the services of WSP Canada Inc. (WSP) to assist Vertical with its quarry permitting application to the Government of Quebec for its St-Onge Wollastonite project located in the Lac-Saint-Jean region of Quebec.

Vertical’s operations partner, Magnor Exploration Inc., will work with WSP to support the preparation, drafting and submission of the full quarry permitting request, including an application under Section 22 of the Environmental Quality Act for a Certificate of Authorization (CA) from the Quebec Ministry of Environment and Fight against Climate Change (MELCC) as well as a request for a BEX (Bail d’Exploitation Miniere Permit) from the Quebec Ministry of Energy and Natural Resources (MERN).

WSP Canada Inc. is part of WSP Global Inc., which is one of the world’s leading professional services firms providing engineering and design services to clients in the transportation and infrastructure, property and buildings, environment, power and energy, resources, and industry sectors, as well as offering strategic advisory services. WSP Global Inc. has approximately 49,000 employees working in 500 offices across the globe.

Vertical is very pleased to have retained such a prominent professional services firm to support its quarry permitting application for St-Onge and looks forward to providing further updates on the permitting application in the near future.

Vertical advises that the production decision on the St-Onge deposit was not based on a feasibility study of mineral reserves, demonstrating economic and technical viability, and as a result, there may be an increased uncertainty of achieving any level of recovery of minerals or the cost of such recovery, including increased risks associated with developing a commercially minable deposit. Historically, such projects have a much higher risk of economic and technical failure. There is no guarantee that production will occur as anticipated or that anticipated production costs will be achieved.

ABOUT VERTICAL EXPLORATION

Vertical Exploration’s mission is to identify, acquire, and advance high potential mining prospects located in North America for the benefit of its stakeholders. The Company’s flagship St-Onge Wollastonite property is located in the Lac-Saint-Jean area in the Province of Quebec.

ON BEHALF OF THE BOARD

Peter P. Swistak, President/CEO

FOR FURTHER INFORMATION PLEASE CONTACT:

Telephone: 1-604-683-3995
Toll Free: 1-888-945-4770

Vertical Announces Wollastonite Trial in Organic Crop $TORR.ca $FA.ca $WEED.ca $CGC $ACB $APH $CRON.ca $HEXO.ca $TRST.ca $OGI.ca

Posted by AGORACOM at 8:12 AM on Wednesday, June 3rd, 2020
  • Agrinova Research and Development is helping develop the agricultural applications of their Wollastonite Deposit
  • Physicochemical properties of Wollastonite have shown beneficial results for agriculture and forestry
  • The safety of the product for agriculture has been demonstrated and various potential markets have been targeted

VERTICAL EXPLORATION INC. (TSXV:VERT) (“Vertical” or “the Company”) In 2018, Vertical Exploration inc. called upon the expertise of Agrinova Research and Development to carry out a project aimed at developing the agricultural applications of their wollastonite deposit located in Saint-Ludger-de-Milot in Lac-Saint-Jean.

As the physicochemical properties of wollastonite have shown beneficial results for agriculture and forestry, the safety of the product for agriculture has been demonstrated and various potential markets have been targeted.

The application of wollastonite has significant potential to be used, especially in organic farming, to improve the response of many cultures to abiotic and biotic stresses. In this sense, Agrinova, through its Nordic Field Crop Innovation Group, will undertake, in spring 2020, a trial of the application of wollastonite in organic cereals. This test will be carried out with material from the deposit and according to a rigorous experimental system installed on a farm in the Saguenay – Lac-Saint-Jean region. The test aims to establish a dose-response of the product in relation to the grain yield and to observe, if applicable, the attenuation of the effects relating to stress. For more information regarding the Agrinova report please refer to our press release dated May 14th, 2019.

ABOUT AGRINOVA

AGRINOVA (www.agrinova.qc.ca), the Center for Research and Innovation in Agriculture, is a Technology Access Centre located in Alma, Quebec that provides technical help and services to farmers and agricultural companies throughout the province in order to help them access new technologies and assist them with the adoption of innovative new technologies and practices.

ABOUT VERTICAL EXPLORATION

Vertical Exploration’s mission is to identify, acquire, and advance high potential mining prospects located in North America for the benefit of its stakeholders. The Company’s flagship St-Onge Wollastonite property is located in the Lac-Saint-Jean area in the Province of Quebec.

ON BEHALF OF THE BOARD

Peter P. Swistak, President

FOR FURTHER INFORMATION PLEASE CONTACT: Telephone: 1-604-785-5513

CLIENT FEATURE: Vertical Exploration $VERT.ca Partners with AREV Brands to Distribute Wollastonite to the Cannabis and Hemp Industries $TORR.ca $FA.ca $WEED.ca $CGC $ACB $APH $CRON.ca $HEXO.ca $TRST.ca $OGI.ca

Posted by AGORACOM at 11:13 PM on Thursday, March 12th, 2020

Vertical Exploration is developing its St. Onge Wollastonite as a soil additive for optimizing marijuana growth. Recently engaged AGRINOVA’s Phase 1 Reseach program also demonstrated Wollastonite can potentially become BNQ certified for agricultural use in Quebec. Recently signed distribution agreement with AREV Brands International to Supply St-Onge Wollastonite to the Cannabis and Hemp Industries. Click Here for More Info.

  • Definitive distribution agreement to partner on the sale of Vertical’s wollastonite from its world-class St-Onge Deposit in place.
  • Supplying the fast growing cannabis and hemp industries.
  • Vertical’s high quality Wollastonite has been shown to be beneficial to cannabis plants in a variety of ways
  • In every case the most optimal results occurred with an admixture rate of 10% to 15% wollastonite to the growth medium.
  • The high-grade St-Onge Wollastonite deposit has pit-constrained mineral resources of: 7,155,000 tonnes Measured@ 36.20% Wollastonite & 6,926,000 tonnes Indicated@ 37.04%
  • B.C. Buds Testing Confirmed Wollastonite is critical to marijuana growers
  • Engaged AGRINOVA over the past year to conduct research and testing of Vertical’s St-Onge wollastonite on a range of important agricultural end uses.

WOLLASTONITE

  • St-Onge-Wollastonite Deposit located approximately 90 kilometres Northwest of the city of Saguenay, in St-Onge township, in the Saguenay-Lac-St-Jean region of Quebec, Canada.
  • Wollastonite is a calcium inosilicate mineral that may contain small amounts of ironmagnesium, and manganese substituting for calcium
  • Research and testing in the Phase 1 program for use in cannabis growth was managed and monitored by AGRINOVA, a highly-regarded Center for Research and Innovation in Agriculture in Quebec

St-Onge-Wollastonite Deposit:

HUB on Agoracom

FULL DISCLOSURE: Vertical Exploration is an advertising client of AGORA Internet Relations Corp.

Vertical Exploration $Vert.ca and Wollammo Enjoy Highly Successful BC Home and Garden Show $TORR.ca $FA.ca $WEED.ca $CGC $ACB $APH $CRON.ca $HEXO.ca $TRST.ca $OGI.ca

Posted by AGORACOM at 8:45 AM on Thursday, February 27th, 2020
  • The Wollammo product consists of 100% St-Onge Wollastonite
  • A premium grade natural Wollastonite mineral product that helps to increase plant available silicon, calcium and magnesium in soils and enhance plant stress tolerance, increase yields and improve pest management for a variety of agricultural crops.

VERTICAL EXPLORATION INC. (TSXV:VERT) (“Vertical”or “the Company”) is pleased to provide an update regarding its recent, highly encouraging, test marketing and customer awareness efforts for the Company’s high-quality St-Onge Wollastonite.

Vertical’s distribution partner, Wollammo Distribution Inc. (Wollammo), received significant positive interest in its Wollammo product at the 2020 BC Home and Garden Show that took place at BC Place Stadium in Vancouver from February 19th – 23rd. The Wollammo product, which consists of 100% St-Onge Wollastonite, is a premium grade natural Wollastonite mineral product that helps to increase plant available silicon, calcium and magnesium in soils and enhance plant stress tolerance, increase yields and improve pest management for a variety of agricultural crops.

The prestigious BC Home and Garden Show has been a staple in British Columbia consumers’ calendars since 1971, attracting more than 50,000 plus qualified visitors each year which makes it one of the largest home and garden shows in the province. The 2020 Show featured high-interest exhibits, high-profile industry personalities and the latest home, garden and lifestyle trends. The Wollammo Distribution team was one of over 400 exhibitors, hosting a high profile vendor booth at the event.

Throughout the five day Show, the Wollammo team received an excellent response from event patrons for the St-Onge based Wollammo product – the team provided over 3800 test market Wollammo packaged samples to interested home, garden and larger agricultural customers which far exceeded its initial estimate of 2000 samples for the entire event. Thousands more consumers also visited the booth to specifically touch, feel and find out more about the Wollammo product and its valuable agricultural uses.

Matt Harvey, Director of Wollammo Distribution Inc., commented: “My team and I were simply overwhelmed by the positive response we received at the BC Home and Garden show regarding our premium Wollammo product. The people and businesses that visited our booth were very eager to learn about all the numerous plant health benefits of the natural calcium-silicate rich St-Onge Wollastonite. The Wollammo test market samples literally flew off our display shelves – we now have hundreds of new customers and enquiries to follow-up on in the days and weeks ahead, including a large range of agricultural companies and wholesale businesses that want to further test and potentially purchase our Wollammo product as soon as possible.”

Peter P. Swistak, President/CEO of Vertical Exploration Inc., also commented: “I was personally at the Show, working alongside Matt and his excellent team, to help provide up to date information about our premium St-Onge Wollastonite to the thousands of interested people and also the retail and wholesale businesses that visited our booth. The BC Home and Garden Show has been an unqualified success for our Company and the Wollammo brand, and it bodes extremely well for our plans to move quickly ahead with our Quebec quarry permitting process and on to future sales to a wide range of agricultural and cannabis customers following that.”

Vertical anticipates providing further updates regarding the numerous test market opportunities and partnerships, that both the Company and its Wollammo Distribution partner are currently following up on, that have arisen as a result of attending the 2020 BC Home and Garden Show in Vancouver.

ABOUT VERTICAL EXPLORATION

Vertical Exploration’s mission is to identify, acquire, and advance high potential mining prospects located in North America for the benefit of its stakeholders. The Company’s flagship St-Onge Wollastonite property is located in the Lac-Saint-Jean area in the Province of Quebec.

ON BEHALF OF THE BOARD
Peter P. Swistak, President/CEO

FOR FURTHER INFORMATION PLEASE CONTACT:

Telephone: 1-604-683-3995
Toll Free: 1-888-945-4770

Vertical Exploration $Vert.ca Moves Forward to Register its St-Onge Wollastonite as an Approved Supplement for the Canadian Agricultural and Cannabis Industries $TORR.ca $FA.ca $WEED.ca $CGC $ACB $APH $CRON.ca $HEXO.ca $TRST.ca $OGI.ca

Posted by AGORACOM at 8:28 AM on Tuesday, February 11th, 2020

VANCOUVER, BC / ACCESSWIRE / February 11, 2020 / VERTICAL EXPLORATION INC. (TSXV:VERT) (“Vertical” or “the Company”) is pleased to provide an update regarding registration of its high-quality St-Onge Wollastonite for use as an approved supplement for both the Canadian agricultural and cannabis/hemp industries.

Vertical and its distribution partner, Wollammo Distribution Inc. (Wollammo), have moved forward to seek registration of Vertical’s St-Onge Wollastonite as a Supplement under the Fertilizer Act established by the Canadian Food Inspection Agency (CFIA). Vertical and Wollammo have engaged Ms. Niki Nickel, Compliance Manager, QA, to help the companies move forward with the registration process in an expedited fashion, given the importance and market appeal that this registration will bring to Vertical and Wollammo.

Ms. Nickel has recently reviewed Wollammo’s compliance data documents and believes the Wollammo product, which consists of 100% St-Onge Wollastonite, meets the criteria for registration as a Supplement under the Canadian Fertilizer Act established by CFIA and the Safe Foods for Canada Act SOR 2018-108. Subsequently, a letter of intent will be filed as soon as possible for Vertical’s Wollastonite in the form of a Pre-Market Application Submission (PASO) at the Canadian Food Inspection Agency.

Wollammo’s compliance data shows that the St-Onge Wollastonite improves soil structure, supports plant growth and improves crop yields which are characteristics defined by CFIA as supplements under the Canadian Fertilizers Act and Regulations. Agriculture Canada Standards have been consolidated into the Safe Foods for Canada Act SOR 2018-108, which also includes related and consequential amendments to Section 88 of the Fertilizer Act and to Section 103 of the CFIA Act. Supplements registered under CFIA are therefore included in the Safe Foods for Canada Act, and can be used for Farm, Lawn and Garden uses.

Ms. Nickel, who has completed registrations in more than 60 Countries and U.S. States (including CFIA registration, REACH, and EPA in the U.S. States) and has also worked with several specialty fertilizer companies to complete label revisions and registration, states that “”I’m excited to help Wollammo move ahead with registration as a supplement with CFIA.”

Peter P. Swistak, President/CEO of Vertical Exploration Inc., commented: “I’m thrilled that, with the strong support of our distribution partner Wollammo, we have been able to move ahead so quickly to seek registration for Vertical’s Wollastonite under both the Agriculture Canada Standards Safe Foods for Canada Act SOR 2018-108 and the Canadian Fertilizer Act established by CFIA. Approval under these important Acts will pave the way for significant market awareness and future sales of our St-Onge Wollastonite, and also help provide verification that the Wollammo Wollastonite product has the highly sought after characteristics that agriculture and cannabis/hemp growers alike are looking for in a premium supplement.”

Vertical will provide a further update as soon as the registration process has been completed.

ABOUT VERTICAL EXPLORATION

Vertical Exploration’s mission is to identify, acquire, and advance high potential mining prospects located in North America for the benefit of its stakeholders. The Company’s flagship St-Onge Wollastonite property is located in the Lac-Saint-Jean area in the Province of Quebec.

ON BEHALF OF THE BOARD
Peter P. Swistak, President/CEO

FOR FURTHER INFORMATION PLEASE CONTACT:

Telephone: 1-604-683-3995
Toll Free: 1-888-945-4770

CLIENT FEATURE: Vertical Exploration $VERT.ca Partners with AREV Brands to Distribute Wollastonite to the Cannabis and Hemp Industries $TORR.ca $FA.ca $WEED.ca $CGC $ACB $APH $CRON.ca $HEXO.ca $TRST.ca $OGI.ca

Posted by AGORACOM at 4:06 PM on Tuesday, February 4th, 2020

Vertical Exploration is developing its St. Onge Wollastonite as a soil additive for optimizing marijuana growth. Recently engaged AGRINOVA’s Phase 1 Reseach program also demonstrated Wollastonite can potentially become BNQ certified for agricultural use in Quebec. Recently signed distribution agreement with AREV Brands International to Supply St-Onge Wollastonite to the Cannabis and Hemp Industries. Click Here for More Info.

  • Definitive distribution agreement to partner on the sale of Vertical’s wollastonite from its world-class St-Onge Deposit in place.
  • Supplying the fast growing cannabis and hemp industries.
  • Vertical’s high quality Wollastonite has been shown to be beneficial to cannabis plants in a variety of ways
  • In every case the most optimal results occurred with an admixture rate of 10% to 15% wollastonite to the growth medium.
  • The high-grade St-Onge Wollastonite deposit has pit-constrained mineral resources of: 7,155,000 tonnes Measured@ 36.20% Wollastonite & 6,926,000 tonnes Indicated@ 37.04%
  • B.C. Buds Testing Confirmed Wollastonite is critical to marijuana growers
  • Engaged AGRINOVA over the past year to conduct research and testing of Vertical’s St-Onge wollastonite on a range of important agricultural end uses.

WOLLASTONITE

  • St-Onge-Wollastonite Deposit located approximately 90 kilometres Northwest of the city of Saguenay, in St-Onge township, in the Saguenay-Lac-St-Jean region of Quebec, Canada.
  • Wollastonite is a calcium inosilicate mineral that may contain small amounts of ironmagnesium, and manganese substituting for calcium
  • Research and testing in the Phase 1 program for use in cannabis growth was managed and monitored by AGRINOVA, a highly-regarded Center for Research and Innovation in Agriculture in Quebec

St-Onge-Wollastonite Deposit:

HUB on Agoracom

FULL DISCLOSURE: Vertical Exploration is an advertising client of AGORA Internet Relations Corp.

Imerys Closure of Wollastonite Mine a Supply and Demand Opportunity for Vertical Exploration’s St. Onge Deposit SPONSOR: Vertical Exploration $VERT.ca $TORR.ca $FA.ca $WEED.ca $CGC $ACB $APH $CRON.ca $HEXO.ca $TRST.ca $OGI.ca

Posted by AGORACOM at 2:17 PM on Thursday, January 30th, 2020
http://blog.agoracom.com/wp-content/uploads/2019/11/VERT-square-logo.png

SPONSOR: Vertical Exploration is developing its St. Onge Wollastonite as a soil additive for optimizing marijuana growth. Recently engaged AGRINOVA’s Phase 1 Reseach program also demonstrated Wollastonite can potentially become BNQ certified for agricultural use in Quebec. Recently signed distribution agreement with AREV Brands International to Supply St-Onge Wollastonite to the Cannabis and Hemp Industries. Click Here for More Info.

The former NYCO Minerals wollastonite mine. Photo by Carl Heilman II.

The Imerys ore processing operation in Willsboro is closed until further notice for cleaning of asbestos that has contaminated its wollastonite products.

A representative of union workers at the plant said the plant shutdown is temporary, and a plant spokesman preferred to call it a suspension of work.

The France-based Imerys, which acquired the former NYCO Minerals mining and processing operations in 2016, learned of the problem this summer from a customer. The closure brings the latest round of job uncertainties for a mine that New York voters in 2013 agreed to support by amending the state constitution to allow an Adirondack land swap that has yet to happen.

“A third party told them about asbestos. It’s in the ore,” said Ray Bettis, a representative of the United Auto Workers, the union for about 40 workers at the processing operation in Willsboro.

He said the entire workforce was called into a meeting on Wednesday afternoon. Many were relieved that the announcement was not that the plant was closing altogether, Bettis said.

Ryan Toohey, a spokesman for the company, confirmed the contamination problem and said the company intends to reopen for business. He emphasized the plant’s difficulties are not related to the bankruptcy protection sought on Wednesday by Imerys Talc America.

The Chapter 11 bankruptcy announcement was related to lawsuits alleging that the Imerys Talc subsidiaries are liable for products that have caused ovarian cancer and asbestos-related mesothelioma.

Wollastonite is a mineral used in ceramics, paints, plastics and auto-body parts.

In Essex County, the plant closure also worried workers because of repeated statements by company officials that sales of wollastonite at Willsboro, mined by Imerys in nearby Lewis, have been weak.

The plant has been closed since its third shift on Tuesday. The workers are being paid during the closure, Bettis said, and many will return on Monday to clean the premises. They will wear masks, he said.

Tests revealed trace levels of asbestos, and only in some products, the company said, and no contamination in the plant’s air. Toohey issued a statement that said Imerys has no reason to believe the wollastonite or the products sold  are unsafe for handling and use.

“Out of an abundance of caution, we are temporarily suspending production and are working to identify the earliest possible date to resume production with ore that meets our standards,” the company said. “We remain committed to producing high-quality wollastonite in Willsboro.”

The company, which has cut staff and farmed out some work in the past few years, has 59 employees. It had employed more than 100 six years ago.

It will be throwing out tons of ore and product from the past 12 months. When workers clean the plants in Willsboro they will be wearing enhanced safety gear because of expected dusty conditions.

Mark Buckley, a former administrator at the plant who served as its safety and health director, said an asbestos contamination issue arose about 16 years ago when a customer discovered the problem. At that time, the company closed for a few days of cleaning and investigation. Workers needed to be fitted for masks for protection then. The root of the asbestos was a rock formation adjoining the ore mine, he said.

The new issue surfaced amid inspections by the U.S. Mine Safety and Health Administration, which sends inspectors into the plant at least twice a year. Already, the plant has received 33 citations for violations this year, according the MSHA web site. An MSHA spokesman was unavailable.

The plant  has a long history as a major employer for mining and plant processing jobs in the Adirondack hamlets of Lewis and Willsboro, though Imerys has discontinued its mining employment and contracts the work to a Vermont excavator.

The plant also received the uncommon opportunity from New York voters to swap state forest preserve land for the rights to mine wollastonite in an area of Lewis known as Lot 8. Imerys has yet to take advantage of that opportunity, granted after heavy lobbying from the former owners who said they needed Lot 8 to preserve jobs. Voters approved a trade of 200 acres in the Jay Mountain Wilderness for lands of equal or greater value.

John Brodt, a spokesman for the Imerys mining division, said Imerys intends to continue testing the ore at Lot 8. Imerys wants to capitalize on the mining opportunity extended by voters in 2013, he said.

An application, submitted late last year, is pending before the state Department of Environmental Conservation to conduct horizontal drilling from the company’s land adjacent to Lot 8, he said. The goal is to add to previously collected test data before determining the value of Lot 8.

If the company and the state arrive at a land swap deal, the Lot 8 acquisition could happen in 2022, Brodt said.

SOURCE: https://www.adirondackexplorer.org/stories/asbestos-contamination-closes-adirondack-mine