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Green River Gold Strikes Nickel Motherlode in Quesnel Project, Paving the Way for Resource Evaluation

Posted by Brittany McNabb at 10:18 AM on Tuesday, October 3rd, 2023

In a triumphant revelation, Green River Gold Corp. (CSE: CCR) (OTC Pink: CCRRF) has unveiled stellar assay results from their Quesnel Nickel Project. The company’s relentless drilling campaign has unearthed a rich seam of nickel, magnesium, cobalt, and chromium, commencing right from the bedrock surface, marking the 50th consecutive breakthrough. This discovery underpins the immense potential of the project and reaffirms the geological bounty of the region.

With an impressive tally of 50 holes drilled to date, spanning almost 10 kilometers of the 14-kilometer Deep Purple magnetic anomaly, Green River Gold showcases a steadfast commitment to comprehensive exploration. The latest assays from drill holes WK-23-04 and WK-23-05, coupled with earlier findings, demonstrate a striking uniformity in nickel, magnesium, cobalt, and chromium concentrations, reinforcing the company’s conviction in the project’s promise.

While encountering minimal glacial till—a norm in the Cariboo region—the drilling process revealed nickel-rich mineralization within the initial meter of bedrock, mirroring outcomes from the preceding 48 holes.

Perry Little, President and CEO of Green River, expressed elation over the results, highlighting their capability for year-round drilling due to the strategic location just 45 minutes from their spacious shop in Quesnel. Pending permit acquisition, their drilling partner, Gold Rush Supplies Inc., stands poised to delve deeper, setting the stage for the preparation of a 43-101 resource estimate on Zone 1 in the first half of 2024.

These findings underscore Green River Gold’s stature as a prominent player in mineral exploration. With an unwavering commitment to unlocking the full potential of their projects, the company stands poised to make a significant impact in the mining industry. This latest revelation establishes a robust foundation for further expansion, positioning Green River Gold for a promising future in the mining sector.

Unearthing Opportunities: Green River Gold’s Impressive Streak Continues

Posted by Brittany McNabb at 4:17 PM on Monday, October 2nd, 2023

If you’re familiar with sports, you know that hitting 47 out of 47 shots is exceptional. But if you go 47 for 47 in drilling, then you’re Green River Gold. That’s exactly what the company has achieved in their Quesnel Nickel Project.

 The Quesnel Nickel Project: A Phenomenal Streak

The project spans an impressive 14 kilometers and covers seven square kilometers in total. What’s remarkable is the consistency of the findings. Every hole drilled has shown consistent nickel, chromium, cobalt, and magnesium, with over 21% magnesium content. This is crucial, especially as demand for battery metals skyrockets due to the electric vehicle revolution.

 The consistency is not only impressive but also economically significant. It means that Green River Gold can easily calculate the value of the rock over this extensive area. They’ve been drilling shallow holes, just over a hundred meters deep, and still hitting the same valuable minerals. As they plan to drill deeper, up to 300 meters, the resource estimate is expected to be even more substantial.

The Value of Consistency: Insights from Kyle Townsend

When the Mine Manager, Kyle Townsend, states that these findings validate the potential for a significant and continuous mineral resource in the project area, it carries weight. Townsend isn’t one to exaggerate, and he’s known for being meticulous. The consistent results from 47 consecutive holes are convincing even the skeptics.

One intriguing discovery was a strip of material different from the main product, showing lead, zinc, silver, and gold. This suggests the possibility of a distinct system beneath the surface, indicating further potential. With deeper drilling planned, there’s immense curiosity about what else might be uncovered.

Beyond Nickel: The Hidden Value of Magnesium

While nickel is the primary focus, the high magnesium content, consistently over 21%, presents a hidden value. Magnesium is used in alloys with aluminum, making it crucial for lightweight and durable applications, like car parts. Additionally, emerging battery technologies may increase demand for magnesium in the future, potentially positioning it as a battery metal.

 The Kali Pegmatite Project: A New Frontier 

While the Quesnel Nickel Project takes center stage, Green River Gold is also exploring the Kali Pegmatite Project. Early signs are promising, with pathfinders indicating potential for lithium and rare earth elements. The area is easily accessible, which, combined with recent logging activities, provides valuable exposure to geological formations.

A Strategic Focus on Home Turf

Green River Gold’s strategy is clear: stay close to home. By focusing on projects in Canada, specifically British Columbia, they mitigate geopolitical risks and leverage the growing demand for battery metals within North America. This approach, combined with their track record of acquiring undervalued properties, positions them for long-term success.

As the world grapples with a growing need for critical minerals, Green River Gold’s projects are becoming increasingly valuable. Their dedication to meticulous exploration and strategic positioning within safe jurisdictions bodes well for both short-term advancements and long-term success.

 

YOUR NEXT STEPS 

Visit $CCR HUB On AGORACOM: https://agoracom.com/ir/GreenRiverGoldCorp

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Visit $CCR Official Verified Discussion Forum On AGORACOM:

https://agoracom.com/ir/GreenRiverGoldCorp/forums/discussion

Watch $CCR Videos On AGORACOM YouTube Channel:

https://youtube.com/playlist?list=PLfL457LW0vdLJgdyN9gnd7VKr4xMKBpQ7&si=DumfF-sMw_Uat7Ce

 

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.

Canada-Japan EV Agreement: A Boost for Green River Gold Corp in the Electric Vehicle Revolution

Posted by Brittany McNabb at 1:45 PM on Wednesday, September 20th, 2023

In a landmark move, Canada and Japan recently solidified their partnership to accelerate the global transition to electric vehicles (EVs). This agreement marks a significant step towards a sustainable future, and companies like Green River Gold Corp are poised to play a pivotal role in this transformative shift.

The Canada-Japan EV Agreement:

The Canada-Japan EV Agreement, announced in early 2023, is a testament to the growing international commitment to combat climate change and reduce greenhouse gas emissions. This collaborative effort aims to drive innovation, research, and development in the electric vehicle sector. Canada’s rich resource base, including essential metals for EV batteries, positions it as a critical player in this venture.

Green River Gold Corp: A Key Player in the EV Revolution

Green River Gold Corp stands at the forefront of this revolutionary change. As a mining company with a diverse portfolio of projects in British Columbia, they are uniquely positioned to meet the surging demand for battery metals driven by the EV boom.

The Quesnel Nickel Project: A Game-Changer

One of Green River Gold Corp’s flagship projects, the Quesnel Nickel Project, has emerged as a game-changer. The company has achieved an unprecedented milestone with 47 consecutive successful holes drilled, showcasing the immense potential for nickel, magnesium, cobalt, and chromium. These metals are vital components in the batteries that power electric vehicles.

KaLi Lithium Pegmatite Project: Meeting the Lithium Demand

With the KaLi Lithium Pegmatite Project, Green River Gold Corp has strategically aligned itself with the surging demand for lithium, a critical element in EV batteries. Recent reconnaissance programs have revealed promising results, further solidifying the company’s position in the lithium market.

Fontaine Gold Property: A Complementary Asset

While the focus of the EV revolution is on battery metals, the importance of gold cannot be overlooked. Green River Gold Corp’s Fontaine Gold Property, spanning over 200 square kilometers, adds another layer of value to the company’s portfolio. In an era where gold remains a store of value, this project complements their efforts in the battery metals sector.

Midnight Special Project: Strategic Expansion

The acquisition of the Midnight Special Project showcases Green River Gold Corp’s commitment to growth and exploration. This 244.25-hectare area northwest of Lillooet strategically expands their footprint in a region with untapped potential.

A Bright Future for Green River Gold Corp

As Canada and Japan join forces to propel the electric vehicle revolution, companies like Green River Gold Corp are well-positioned to thrive. With projects strategically aligned with the demand for battery metals and a commitment to sustainable mining practices, Green River Gold Corp is not only a mining company but a driving force behind a greener, more sustainable future.

With their impressive track record and visionary approach, Green River Gold Corp is set to leave an indelible mark on the mining industry and the global transition to electric vehicles.

Read more about Japan-Canada agreement deal here: https://www.cbc.ca/news/politics/canada-japan-ev-agreement-1.6971959

 

YOUR NEXT STEPS 

Visit $CCR HUB On AGORACOM: https://agoracom.com/ir/GreenRiverGoldCorp

Visit $CCR 5 Minute Research Profile On AGORACOM: https://agoracom.com/ir/GreenRiverGoldCorp/profile

Visit $CCR Official Verified Discussion Forum On AGORACOM:

https://agoracom.com/ir/GreenRiverGoldCorp/forums/discussion

Watch $CCR Videos On AGORACOM YouTube Channel:

https://youtube.com/playlist?list=PLfL457LW0vdLJgdyN9gnd7VKr4xMKBpQ7&si=DumfF-sMw_Uat7Ce

 

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

Green River Gold Corp $CCR: Pioneering the Electric Vehicle Revolution with Strategic Mineral Exploration

Posted by Brittany McNabb at 4:04 PM on Friday, September 1st, 2023

In a world rapidly moving towards sustainability and renewable energy solutions, companies like Green River Gold Corp $CCR are positioned to play a pivotal role in shaping the future. As the automotive industry undergoes a transformative shift towards electric vehicles (EVs) and greener technologies, the Biden-Harris administration’s announcement of a $155 billion support plan for a just energy transition marks a significant step forward.

Green River Gold Corp $CCR, a Canadian mineral exploration company, is primed to contribute to this revolution. With a focus on projects that include nickel, magnesium, cobalt, chromium, lithium, and rare earth elements, the company’s endeavors align perfectly with the evolving demands of the green energy sector.

The recent news of the US offering $12 billion to automakers and suppliers, as reported by Tesla’s involvement in advancing new energy vehicles, reinforces the global commitment to pushing the boundaries of clean transportation. As electric vehicles surge in popularity, the need for essential minerals like nickel, cobalt, and lithium intensifies.

What sets Green River Gold Corp $CCR apart is their strategic positioning in multiple mining districts, including projects like the Quesnel Nickel Project. With a remarkable record of hitting on all 47 holes drilled to date, their commitment to consistent and successful exploration is evident. These projects contribute not only to the global supply of essential minerals but also to the economic growth of regions where these resources are found.

Green River Gold offers diversified exposure to the mining sector, providing a unique opportunity to be part of the electrifying journey towards a cleaner and more sustainable future.

As governments, industries, and individuals unite to combat climate change and embrace renewable energy, Green River Gold Corp $CCR stands as a beacon of hope, driving the EV and green revolution forward.

 

YOUR NEXT STEPS

Visit $CCR HUB On AGORACOM: https://agoracom.com/ir/GreenRiverGoldCorp

Visit $CCR 5 Minute Research Profile On AGORACOM: https://agoracom.com/ir/GreenRiverGoldCorp/profile

Visit $CCR Official Verified Discussion Forum On AGORACOM:

https://agoracom.com/ir/GreenRiverGoldCorp/forums/discussion

Watch $CCR Videos On AGORACOM YouTube Channel:

https://youtube.com/playlist?list=PLfL457LW0vdLJgdyN9gnd7VKr4xMKBpQ7&si=DumfF-sMw_Uat7Ce

 

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

VIDEO: Fabled Copper $FABL Meeting The Future Demand For Copper By Making Discoveries Today

Posted by AGORACOM at 4:35 PM on Wednesday, January 5th, 2022

BRAND NEW LISTING – DEC 21

The World Needs Copper: Global Copper Consumption Outstripping Supply

“A new energy vehicle (EV) needs 80kg of Copper compared with 23kg in an internal combustion engine vehicle” Kitco

Demand for Copper is projected to rise by 5% yearly, outstripping supply which is projected to increase by 2.3% yearly

This is why brand new Fabled Copper’s mandate is to explore and define high level and high-grade copper resources in Northern BC. ( which also happens to be a tier one exploration jurisdiction). Their main focus is the Muskwa property with a high grade mining history containing a minimum of 22 documented copper occurrences of which 4 are defined deposits with historical reserves and resources.

Fabled is taking an aggressive exploration approach and are already outlining a drill program for the 22 field season.

Here are some of the documented copper occurrences in 3 separate claim blocks (Neil, Toro, Bronson) and you can see why Fabled is intent on taking a aggressive approach to exploration and development. The project boast highgrade copper and lots of it.

Neil: 10 Copper occurrences with the Neil vein 19 metres wide, visible for more than 1,000 metres vertically & has assayed 10.2% copper over 3.0 metres

Davis-Keays: Historical Indicated reserve *of 3.7 million tons at 2.5% Copper cut-off grade or an estimated 1.4million tons at 3.42% Copper

Toro-Churchill: – sampling returned 8.8% copper over a width of 19 meters and strike length of 133 meters

Magnum Vein: developed and mined from 1970 to 1974 milling 549,000 tons grading 3.00 % Copper – stopped due to low copper prices

And if that doesn’t help identify the discovery opportunity, have a look at the combined experience amongst the management team, over 200 years’ combined exploration experience; and with that comes knowledge, lots of it. They are using their experience with cutting edge technologies to exploit the significant exploration upside. The use of drones has been prevalent throughout the 2021 exploration program and combined with the use of LIDAR and modern geophysics, the team plans on using the information gained to lead a very aggressive 2022 program that will include drilling.

At a time when Copper is breaking out and trending within the 4.20 to 4.80 price range; up over 100% since early 2020, Fabled shareholders received a generous Christmas present from Peter Hawley, President & CEO as the company embarks on delivering the Copper supply needed for the needs of tomorrow.

Sit back and enjoy this fantastic video as Peter walks us through the next emerging Copper growth story of 2022 and beyond.

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VIDEO: Fabled Silver Gold $FCO $FBSGF Increase Drill Program Beyond 14,000m with New High Grade Gold Discovery in Mexico $FCO $FBSGF $RDU $KTN $GMBXF $EDR

Posted by AGORACOM at 4:36 PM on Wednesday, July 28th, 2021
This image has an empty alt attribute; its file name is FCO-square-Logo-70x70-1.jpg

Fabled Silver Gold (TSXV:FCO ) (OTCQB: FBSGF) controls 100% of the Santa Maria mine gold and silver property in Mexico. It is a high grade silver gold property that is situated right in the middle of the Mexican Epithermal silver gold belt that has reportedly produced more silver than any other equivalent area in the entire planet.

To say it’s a mining friendly jurisdiction is an understatement.

Multiple major operators are in the vicinity and it’s already got a silver equivalent 43-101 of 3.2m ounces, but is looking to add to that significantly with recent intercepts of 2269 g/t silver.

That is not a typo, in other words it is also 2.269 kilos AgEq or 72 troy ounce. Just recently, Fabled encountered a new, previously unknown gold zone with the discovery of a high grade gold system with values up 10.85 g/t Au within 30.7m grading 161.09 Ag Eq, and the latest assays show 22 g/t gold in a discovery that increases the mineralization beyond known areas, and is open in all directions.   Fabled is moving from high grade silver into a more gold rich environment that includes silver


This quote from Peter J. Hawley, CEO and President describes the discovery:

……“ ‘As a result of discovering this new gold domain system, and ongoing interpretation of structural controls, assays results to date, and visual examination of recently drilled holes we have immediately expanded the present drilling by 5,000 meters, to a total of 14,200 meters. This will ensure that we have significant meterage to properly evaluate this gold discovery.’……..” we continue to define a new, never discovered high grade gold mineral domain system, with silver credits, over consistent widths in an area never explored, and which remains open to the west and at depth, plunging 45 degrees to the west and open in all directions for expansion.

Fabled is intent on proving Santa Maria is bigger and of potentially higher grade than the market understands and is well on its way as the deposit appears to be developing at depth into a dominant high grade gold system.

Sit back and enjoy as Peter Hawley President & CEO explains the importance of increasing the drill program beyond 14,000m and how expanding exploration will continue to yield discoveries.

AGORACOM Small Cap 60: ThreeD Capital $IDK $IDKFF Sheldon Inwentash Is Extremely Excited About Loop Insights $MTRX $RACMF

Posted by AGORACOM-JC at 5:47 PM on Wednesday, March 24th, 2021
IDK-square-for-blog

AGORACOM Small Cap 60: ThreeD Capital $IDK $IDKFF Sheldon Inwentash Says Imagine AR $IP.ca $IPNFF Has HUGE Runway Ahead $DBO.ca $YDX.ca $SEV.ca $NTAR.ca

Posted by AGORACOM-JC at 10:14 AM on Wednesday, March 24th, 2021
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ThreeD Capital $IDK $IDKFF Reports Premium Nickel Resources Awarded Exclusivity to Acquire Former BCL Assets in Botswana

Posted by AGORACOM-JC at 7:40 AM on Wednesday, March 24th, 2021
IDK-square-for-blog
  • Announced Premium Nickel Resources (“PNR”) has completed the Exclusivity Memorandum of Understanding with the Liquidator on the Botswana nickel-copper-cobalt assets formerly operated by BCL Limited (see PNR News Release dated February 16, 2021).
  • ThreeD Capital owns 6,716,456 shares of PNR, representing a 9.13% ownership in the company.
  • Furthermore, Sheldon Inwentash, Chairman & CEO of ThreeD Capital is on the Board of Directors of PNR.

TORONTO, March 24, 2021 — ThreeD Capital Inc. (“ ThreeD ” or the “ Company ”) (CSE:IDK) (OTCQB:IDKFF), a Canadian-based venture capital firm focused on opportunistic investments in companies in the junior resources and disruptive technologies sectors, is pleased to announce Premium Nickel Resources (“PNR”) has completed the Exclusivity Memorandum of Understanding with the Liquidator on the Botswana nickel-copper-cobalt assets formerly operated by BCL Limited (see PNR News Release dated February 16, 2021).

ThreeD Capital owns 6,716,456 shares of PNR, representing a 9.13% ownership in the company. Furthermore, Sheldon Inwentash, Chairman & CEO of ThreeD Capital is on the Board of Directors of PNR.

More information on this subject can be found in PNR’s press release below:

Toronto, Ontario, March 24 th , 2021 – Premium Nickel Resources (” PNR “) is pleased to announce that it has completed the Exclusivity Memorandum of Understanding (“ MOU ”) with the Liquidator which will govern a six-month exclusivity period to complete its due diligence and related purchase agreements on the Botswana nickel-copper-cobalt (” Ni-Cu-Co “) assets formerly operated by BCL Limited (” BCL “), that are currently in liquidation.

On February 10, 2021, the Honourable, Lefoko Moagi, the Minister of Mineral Resources, Green Technology and Energy Security of Botswana, affirmed in Parliament a press release by the Liquidator for the BCL Group of Companies, stating that PNR was selected as the preferred bidder to acquire assets formerly owned by BCL.

PNR will now start an estimated six-month systematic due diligence program. During this period, PNR will complete an environmental assessment, a metallurgical study, a review of legal and social responsibilities, a review of the mine closure and rehabilitation plans and an on-site inspection of the legacy mining infrastructure and equipment that has been under care & maintenance. Concurrent with this due diligence program PNR will negotiate definitive agreements to finalize terms on the prioritized assets to be purchased.

PNR CEO, Keith Morrison commented, “The World, Botswana and the mining industry have changed dramatically since mining first started at the former BCL assets in the early 1970s. The nickel-copper-cobalt resources remaining at these mines are now critical metals, required for the continued development of a decarbonized and electrified global economy. As we move forward, it is our goal to demonstrate the potential economics of redeveloping a combination of the former BCL assets to produce Ni-Cu-Co and water in a manner that is inclusive of modern environmental, social and corporate governance responsibilities. To attain this, extensive upgrades to infrastructure will be required with an emphasis on safety, sustainability and the application of new technologies to minimize the environmental impact and total carbon footprint for the new operations. Our team remains committed to working with the local communities and all of the stakeholders throughout this period and we encourage anyone with questions or feedback to reach out to us directly.”

PNR continues to monitor the global Covid-19 developments and is committed to working with health and safety as a priority and in full respect of all government and local Covid-19 protocol requirements. PNR has developed Covid-19 travel, living and working protocols in anticipation of moving forward to on site due diligence. PNR is ensuring to integrate these protocols with the currently applicable protocols of The Government of Botswana and surrounding communities.

About Premium Nickel Resources Corporation

PNR is a Canadian company dedicated to the exploration and development of high-quality nickel-copper-cobalt (Ni-Cu-Co) resources. We believe that the medium to long-term demand for these metals will grow through continued global urbanization and the increasing replacement of internal combustion engines with electric motors. Importantly, these metals are key to a low‑carbon future.

PNR maintains a skilled team with strong financial, technical and operational expertise to take an asset from discovery to exploration to mining.

PNR has focused its efforts on discovering world class nickel sulphide assets in jurisdictions with rule-of-law that fit a strict criteria that comply with PNR’s values and principles which stand up against the highest acceptable industry standards. We are committed to governance through transparent accountability and open communication within our team and our stakeholders.

ON BEHALF OF THE BOARD OF DIRECTORS

Charles Riopel
Chairman of the Board
Premium Nickel Resources Corporation

For more information contact:

Premium Nickel Resources Corporation
130 Spadina Avenue, Suite 401
Toronto, Ontario, Canada M5V 2L4
[email protected]

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION: This news release includes certain “forward-looking statements” and “forward-looking information” under applicable Canadian securities legislation concerning the business, operations and financial performance and condition of PNR. Forward-looking statements and forward-looking information includes, but is not limited to, statements about the ability of PNR to access capital, any spending commitments, the success of exploration activities, the future economics of minerals including nickel and copper, the benefits of the development potential of the properties of PNR, the benefits of drilling and advancement of projects. Forward-looking information is necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors, which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking information. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information. All forward-looking information contained in this press release is given as of the date hereof and is based upon the opinions and estimates of management and information available to management as at the date hereof. PNR disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by law.

Although PNR has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be anticipated, estimated or intended. Statements concerning mineral reserve and resource estimates may also be deemed to constitute forward-looking statements to the extent they involve estimates of the mineralization that will be encountered if the property is developed.

About ThreeD Capital Inc.

ThreeD is a publicly-traded Canadian-based venture capital firm focused on opportunistic investments in companies in the junior resources and disruptive technologies sectors.  ThreeD’s investment strategy is to invest in multiple private and public companies across a variety of sectors globally. ThreeD seeks to invest in early stage, promising companies where it may be the lead investor and can additionally provide investees with advisory services and access to the Company’s ecosystem.

For further information:
Jakson Inwentash
Vice President Investments
[email protected] Phone: 416-941-8900 ext 107

The Canadian Securities Exchange has neither approved nor disapproved the contents of this news release and accepts no responsibility for the adequacy or accuracy hereof.

Forward-Looking Statements

This news release contains certain forward-looking statements and forward-looking information (collectively referred to herein as “forward-looking statements”) within the meaning of Canadian securities laws including, without limitation, statements with respect to the future investments by the Company. All statements other than statements of historical fact are forward-looking statements. Undue reliance should not be placed on forward-looking statements, which are inherently uncertain, are based on estimates and assumptions, and are subject to known and unknown risks and uncertainties (both general and specific) that contribute to the possibility that the future events or circumstances contemplated by the forward-looking statements will not occur. Although the Company believes that the expectations reflected in the forward looking statements contained in this press release, and the assumptions on which such forward-looking statements are made, are reasonable, there can be no assurance that such expectations will prove to be correct. Readers are cautioned not to place undue reliance on forward-looking statements included in this document, as there can be no assurance that the plans, intentions or expectations upon which the forward-looking statements are based will occur. By their nature, forward-looking statements involve numerous assumptions, known and unknown risks and uncertainties that contribute to the possibility that the predictions, forecasts, projections and other forward-looking statements will not occur, which may cause the Company’s actual performance and results in future periods to differ materially from any estimates or projections of future performance or results expressed or implied by such forward-looking statements. The forward-looking statements contained in this news release are made as of the date hereof and the Company does not undertake any obligation to update publicly or to revise any of the included forward-looking statements, except as required by applicable law. The forward-looking statements contained herein are expressly qualified by this cautionary statement.

Gratomic Inc. $GRAT.ca Mobilizes Drill Fleet to Further Delineate Graphite Mineralization $SRG.ca $NGC.ca $LLG.ca $GPH.ca $NOU.ca #TODAQ $NMI.ca

Posted by AGORACOM at 1:51 PM on Monday, October 19th, 2020
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  • Mobilizing all three of its 100% owned drills to execute a strategic diamond drill program targeting areas proximal to known graphite mineralization

TORONTO, ON / ACCESSWIRE / October 19, 2020 / Gratomic Inc. (“GRAT” or the “Company”) (TSXV:GRAT)(OTC Pink:CBULF)(FRANKFURT:CB81)(WKN:A143MR) is pleased to provide a graphite mineralization update for its Flagship Aukam Graphite Project in Namibia, Africa.

Gratomic Inc. is currently mobilizing all three of its 100% owned drills to execute a strategic diamond drill program targeting areas proximal to known graphite mineralization previously defined by mining, diamond drilling, and surface sampling. The drill program will also incorporate exploratory drilling, testing known structures along strike and optimized targets indicated by recent Geophysical Surveys.

Two phases of diamond drilling will be executed. The first of which will involve tightly spaced infill drilling in ML215 (Figure 1), targeting areas below and along visible strike from the main underground workings within, and around, the graphite bearing shear zone. Delineation drilling in EPL3895 & EPL6710 of known structures and new targets optimized by geophysical surveys will also be tested. Strategic planning of the drilling program is expected to assist with calculating a NI 43-101 mineral resource at Aukam in support of the completion of a Preliminary Economic Assessment (PEA).

Figure 1: Gratomic Inc. Mining and Exploration Licenses

2020 Diamond Drilling

Diamond drilling executed on Mining License ML215 will first test the strongest EM conductor C1 on Grid 1 (Fig 2 & 3). Drill holes will initially be spaced 40 metres apart testing each of the five conductors delineating the extent of the graphite mineralization proximal to past mining activities. Two holes per drill set up will initially be completed targeting 20 metres below the overburden, with the second hole drilled steeper to intersect 40 metres below the first hole. Subsequent infill drilling, based on delineation results, are to be drilled on 20 metre centres between the 40 metre spaced holes both along strike and at depth (down dip).

Drilling planned in Grid 2 – EPL6710 will concentrate on conductors C1a & C1b (Fig 2 & 4) with delineation drilling spaced initially at 40 metre centres.

Figure 2: Geophysical Survey & 2020 Diamond Drill Areas

Figure 3: Grid 1 Geophysical Survey & Drilling Areas
HLEM response: Conductors C1 to C5 interpreted as graphitic mineralization with C1 the strongest EM anomaly.

Figure 4: Grid 2 Geophysical Survey & Drilling Areas
Analytical Signal (AS) response: C1 interpreted as graphitic mineralization.

Arno Brand, President and CEO of Gratomic Inc, states “Now that travel restrictions due to Covid-19 have softened enough to allow our Geologic Team to make their way to site, planned drilling, specifically infill drilling, will allow us to quickly outline areas at Aukam which we plan to bulk sample. Upon completion of our Graphite Processing Plant during Q4-2020 we expect to process both current stockpiles and the intended bulk sample material in Q1-2021.”

Steve Gray, P. Geo. and a Director of the Company has reviewed and approved the scientific and technical information in this press release and is the Company’s “Qualified Person” as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects.

About Gratomic Inc.

Established in 2014, Gratomic is an advanced materials company focused on mine to market commercialization of carbon-neutral, high purity vein graphite. The Company is focused on producing low-cost, eco-friendly graphite and is set to become a key player in EV and Renewable Resource supply chains. Gratomic Inc. is a leader among its peers, promising to deliver mine-to-market traceability and guaranteed quality control. This will be accomplished by providing documented tracking of the nearly negligible carbon footprint on all graphite generated at its flagship Aukam Graphite Project. The tracking will begin at Aukam and will be verified at every stage during transport.

Two off-take purchase agreements are currently held for lump-vein graphite sourced from Gratomic’s Aukam Graphite Project in Namibia, Africa. Fulfillment of the contracts is slated to begin in late 2020. The agreements exist with TODAQ and Phu Sumika.

TODAQ is an innovative tech company and will partner with Gratomic on its mine-to-market commodity tracking.

Phu Sumika is a large global graphite supplier to battery and lubrication companies.

The Company anticipates full operational capabilities in late 2020 and aims to transition to an open pit mine as early as 2021.

Gratomic Inc. is listed on the TSX Venture Exchange under the symbol GRAT.

For more information: visit the website at www.gratomic.ca or contact:

Arno Brand at [email protected] or 416 561-4095

“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.”