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Monarch Gold $MQR.ca Intersects 12.60 g/t Au over 1.35 metres, including 55.90 g/t Au over 0.3 metres, at its Mckenzie Break Gold Project $GDX.ca $ECR.ca $MZZ.ca $QMX.ca $IMG.ca $IAG $MUX

Posted by AGORACOM-JC at 8:11 AM on Wednesday, March 20th, 2019
  • 2018 drilling program a total success, expanding the size of the McKenzie Break deposit and confirming its high-grade potential.
  • Visible gold found in 17 of the 61 holes, including hole MK-18-196, which intersected 265.00 g/t Au over 0.6 metres, and hole MK-18-216 with 93.80 g/t Au over 0.5 metres
  • Highlights of the third and last set of results for the 13,945-metre 2018 diamond drilling program:
    • Hole MK-18-236: 12.60 g/t Au over 1.35 metres, incl. 55.90 g/t Au over 0.3 metres, and 13.40 g/t Au over 2.0 metres, incl. 26.40 g/t Au over 1.0 metre
    • Hole MK-18-231: 15.74 g/t Au over 1.5 metres
    • Hole MK-18-222: 13.95 g/t Au over 1.0 metre
    • Hole MK-18-232: 6.84 g/t Au over 2.0 metres, incl. 13.65 g/t Au over 1.0 metre

MONTREAL, March 20, 2019 – MONARCH GOLD CORPORATION (“Monarch” or the “Corporation”) (TSX: MQR) (OTCMKTS: MRQRF) (FRANKFURT: MR7) is pleased to report the third and last set of assay results from the 2018 diamond drilling program at its wholly owned McKenzie Break gold project 25 kilometres north of Val-d’Or, near its Camflo and Beacon mills. The program started in September 2018 and ended in December 2018, with a total of 13,945 metres drilled in 61 holes. The purpose of the program was to explore below the known lenses and on the periphery of the multi-vein Green and Orange zones. Assays have been received for the last 20 holes totalling 5,052 metres of core (see table below and press releases dated February 28, 2019  and March 13, 2019 for a compilation of the 2018 assay results).

“With the solid high-grade results obtained from our 2018 drilling program, we have upgraded the status of McKenzie Break as one of our prime advanced exploration projects,” said Jean-Marc Lacoste, President and Chief Executive Officer of Monarch. “The program delivered beyond our expectations, enabling us to establish that the deposit remains open to the west, east, north and at depth and continues to hold excellent high-grade gold potential (see plan view and longitudinal). In fact, the next resource estimate has the potential to expand the underground deposit by 250 metres to the east, 100 metres to the north and 50 metres to the west. There is still a lot of exploration work to be done to fully assess the size and magnitude of this deposit, which remains largely underexplored. We are presently analyzing the results of the 2018 drilling and planning the follow-up program for 2019.”  

Hole MK-18-236 returned 12.60 g/t Au over 1.35 metres, including 55.90 g/t Au over 0.3 metre at 80 metres below surface. This interval is 65 metres southeast of hole MK-18-210, which returned a grade of 12.50 g/t Au over half a metre from the same horizon as hole MK-18-236, thereby extending the lens to the east and showing that it is still open. Hole MK-18-236 also intersected another lens, at a depth of 145 metres from surface, with values of 13.40 g/t Au over 2.0 metres, including 26.40 g/t Au over 1.0 metre, and 75 metres north, on the same horizon, hole MK-18-232 returned values of 6.84 g/t Au over 2.0 metres, including 13.65 g/t Au over 1.0 metre. These two intersections are connected by hole MK-18-211, 100 metres northwest of hole MK-18-236. The combination of these three holes on the same horizon will increase the underground resource in this sector. 

Hole MK-18-231, which returned a grade of 15.74 g/t Au over 1.5 metres, is to the north of the planned Green Zone open pit, in the middle of a triangle of three holes drilled by Monarch in 2018. These four holes are interpreted as being connected and are on the same horizon, creating a new lens. The three other holes are an average of 65 metres from hole MK-18-231 and grade an average of 5.42 g/t Au. The lens lies 200 metres below surface.

Hole MK-18-222 returned a grade of 13.95 g/t Au over 1.0 metre from 68 metres below surface. This intersection is 70 metres northwest of the Green Zone open pit and will help to increase the underground resource.

Third set of drill results for the McKenzie Break property:

Hole Length From To Width* Grade Au
number (m) (m) (m) (m) (g/t)
MK-18-222 177 64.1 65.0 0.9 5.14
68.0 69.0 1.0 13.95
102.0 103.0 1.0 4.68
141.0 142.5 1.5 5.40
Including 141.0 141.5 0.5 14.00
MK-18-223 150 20.7 22.6 1.9 6.18
Including 21.6 22.1 0.5 8.99
65.4 66.3 0.9 2.03
69.6 70.6 1.0 3.69
100.5 105.1 4.6 2.18
Including 102.8 103.9 1.1 3.95
122.8 125.3 2.5 2.19
Including 124.0 125.3 1.3 3.17
MK-18-224 210 174.0 178.0 4.0 2.75
Including 177.0 178.0 1.0 6.11
MK-18-225 210 68.0 68.5 0.5 8.11
175.0 176.3 1.3 2.42
MK-18-226 276 244.55 246.5 1.95 3.09
Including 246.0 246.5 0.5 9.58
274.1 275.0 0.9 2.70
MK-18-227 228 101.0 101.5 0.5 3.86
168.7 171.8 3.1 0.89
Including 170.5 171.1 0.6 2.74
MK-18-228 216 34.0 37.0 3.0 2.42
88.0 89.0 1.0 9.37
MK-18-229 243 103.0 104.0 1.0 2.79
196.0 198.0 2.0 1.61
Including 197.0 198.0 1.0 2.39
MK-18-230 270 152.0 153.0 1.0 3.54
175.5 176.2 0.7 2.59
198.0 200.0 2.0 3.84
Including 199.0 200.0 1.0 6.20
MK-18-231 258 197.0 198.5 1.5 17.45
197.0 211.0 14.0 2.38
MK-18-232 252 158.0 160.0 2.0 6.84
Including 159.0 160.0 1.0 13.65
188.0 189.0 1.0 3.25
MK-18-233 247 137.75 138.5 0.75 1.36
MK-18-234 276 234.0 235.8 1.8 7.80
Including 235.0 235.8 0.8 17.30
MK-18-235 269 138.0 139.0 1.0 2.19
244.65 248.0 3.35 3.83
Including 244.65 245.4 0.75 10.60
MK-18-236 288 77.65 79.0 1.35 12.6
Including 77.65 77.95 0.3 55.9
143.0 145.0 2.0 13.40
Including 143.0 144.0 1.0 26.40
236.0 236.55 0.55 3.10
277.0 279.0 2.0 2.36
281.0 282.0 1.0 2.05
MK-18-237 300 249.7 250.7 1.0 2.42
261.7 262.25 0.55 2.67
MK-18-238 300 172.6 173.3 0.7 2.26
228.0 228.5 0.5 2.19
259.8 261.0 1.2 2.72
MK-18-239 306 199.0 200.0 1.0 3.57
204.4 205.5 1.1 2.10
MK-18-240 324 176.8 178.3 1.5 5.90
Including 176.8 177.3 0.5 17.5
182.8 183.7 0.9 4.09
MK-18-245 252 123.4 125.3 1.9 1.07
*The width shown is the core length. True width is estimated to be 90-100% of the core length.

McKenzie Break is a high-grade, multiple-narrow-vein gold deposit hosted in the dioritic Pascalis batholith and underlain by porphyritic diorite and mafic and felsic volcanic rocks. On June 14, 2018, the Corporation reported an NI 43-101 pit-constrained resource of 48,133 ounces in the Indicated category and 14,897 ounces in the Inferred category on the property, as well as an underground resource of 53,448 ounces in the Indicated category and 49,130 ounces in the Inferred category, for a total of 165,608 ounces of gold (Source: NI 43-101 Technical Report on the McKenzie Break Project, April 17, 2018, Alain-Jean Beauregard, P.Geo., and Daniel Gaudreault, Eng., of Geologica Groupe-Conseil Inc., and Christian D’Amours, P.Geo., of GeoPointCom Inc.).

Sampling normally consists of sawing the core into equal halves along its main axis and shipping one of the halves to the ALS Minerals laboratory in Val-d’Or, Quebec for assaying. The samples are crushed, pulverized and assayed by fire assay, with atomic absorption finish. Results exceeding 3.0 g/t Au are re-assayed using the gravity method, and samples containing visible gold grains are assayed using the metallic sieve method. Monarch uses a comprehensive QA/QC protocol, including the insertion of standards, blanks and duplicates.

The technical and scientific content of this press release has been reviewed and approved by Ronald G. Leber, P.Geo., the Corporation’s qualified person under National Instrument 43-101.

ABOUT MONARCH GOLD CORPORATION

Monarch Gold Corporation (TSX: MQR) is an emerging gold mining company focused on pursuing growth through its large portfolio of high-quality projects in the Abitibi mining camp in Quebec, Canada. The Corporation currently owns close to 300 km² of gold properties (see map), including the Wasamac deposit (measured and indicated resource of 2.6 million ounces of gold), the Beaufor Mine, the Croinor Gold (see video), McKenzie Break and Swanson advanced projects and the Camflo and Beacon mills, as well as other promising exploration projects. It also offers custom milling services out of its 1,600 tonne-per-day Camflo mill.

Forward-Looking Statements
The forward-looking statements in this press release involve known and unknown risks, uncertainties and other factors that may cause Monarch’s actual results, performance and achievements to be materially different from the results, performance or achievements expressed or implied therein. Neither TSX nor its Regulation Services Provider (as that term is defined in the policies of the TSX accepts responsibility for the adequacy or accuracy of this press release.

View original content to download multimedia:http://www.prnewswire.com/news-releases/monarch-gold-intersects-12-60-gt-au-over-1-35-metres-including-55-90-gt-au-over-0-3-metres-at-its-mckenzie-break-gold-project-300815159.html

SOURCE Monarch Gold Corporation

View original content to download multimedia: http://www.newswire.ca/en/releases/archive/March2019/20/c8817.html

Jean-Marc Lacoste, 1-888-994-4465, President and Chief Executive Officer, [email protected]; Mathieu Séguin, 1-888-994-4465, Vice President, Corporate Development, [email protected]; Elisabeth Tremblay, 1-888-994-4465, Senior Geologist – Communications Specialist, [email protected]; www.monarquesgold.comCopyright CNW Group 2019

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Posted in All Recent Posts, Monarques Gold | Comments Off on Monarch Gold $MQR.ca Intersects 12.60 g/t Au over 1.35 metres, including 55.90 g/t Au over 0.3 metres, at its Mckenzie Break Gold Project $GDX.ca $ECR.ca $MZZ.ca $QMX.ca $IMG.ca $IAG $MUX

CLIENT FEATURE: Tartisan Nickel (TN:CSE) Kenbridge Property Hosts M&I Resource of 7.14 Million Tonnes at 0.62% Nickel, 0.33% Copper

Posted by AGORACOM-JC at 11:20 AM on Friday, March 1st, 2019

Investment Highlights

  • Kenbridge property has a measured and indicated resource of 7.14 million tonnes at 0.62% nickel, 0.33% copper
  • 17.5 (21.8 fully diluted) percent equity stake in Eloro Resources and 2 percent NSR in their La Victoria property

Kenbridge Ni Project (ON, Canada)

  • Advanced  stage  deposit  remains open  in  three  directions,  is  equipped with a 623m  deep  shaft  and  has  never  been  mined. 
  • Preliminary  Economic Assessment completed and updated returned robust project 
    economics and operating costs including  a  NPV  of  C$253M  and  cash costs of US$3.47/lb of nickel net of  
    copper credits.
  • Plans for Kenbridge include updating PEA, advancing the project through to feasibility and exploring the open mineralization at depth

FULL DISCLOSURE: Tartisan Nickel Corp. is an advertising client of AGORA Internet Relations Corp.

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Posted in AGORACOM Client Feature, All Recent Posts, Tartisan Resources | Comments Off on CLIENT FEATURE: Tartisan Nickel (TN:CSE) Kenbridge Property Hosts M&I Resource of 7.14 Million Tonnes at 0.62% Nickel, 0.33% Copper

Monarch Gold Intersects 61.20 g/t Au Over 2.6 Metres, Including 265.00 g/t Au Over 0.6 Metres, at its McKenzie Break Gold Project $GDX.ca $ECR.ca $MZZ.ca $QMX.ca $IMG.ca $IAG $MUX

Posted by AGORACOM-JC at 8:50 AM on Thursday, February 28th, 2019
  • Initial drilling expands the high-grade gold potential of the McKenzie Break deposit and intersects new structures at depth
  • Highlights of initial results on the 13,945-metre 2018 diamond drilling program:
    – Hole MK-18-196: 61.20 g/t Au over 2.6 metres, incl. 265.00 g/t Au over 0.6 metres
    – Hole MK-18-183: 24.70 g/t Au over 0.6 metres
    – Hole MK-18-180: 19.80 g/t Au over 0.4 metres
    – Hole MK-18-195: 9.44 g/t Au over 2.0 metres, incl. 18.50 g/t Au over 1.0 metre

MONTREAL, Feb. 28, 2019 - MONARCH GOLD CORPORATION (“Monarch” or the “Corporation”) (TSX: MQR) (OTCMKTS: MRQRF) (FRANKFURT: MR7) is pleased to report the first assay results from the 2018 diamond drilling program at its wholly owned McKenzie Break gold project 25 kilometres north of Val-d’Or, near Monarchs’ Camflo and Beacon mills. The program started in September 2018 and ended in December 2018, with a total of 13,945 metres drilled in 61 holes. The purpose of the program was to explore below the known lenses and on the periphery of the multi-vein Green and Orange zones. Assays have been received for the first 21 holes totalling 4,424 metres of core (see table below for assay results).

“This first set of results attests to McKenzie Break’s solid exploration and high-grade potential, and already extends the deposit laterally and at depth,” said Jean-Marc Lacoste, President and Chief Executive Officer of Monarch. “Previous work on the property was mainly limited to the Green and Orange zones, which nonetheless enabled us to outline an indicated and inferred resource of over 165,000 ounces of gold (see press release dated June 14, 2018). Our aim going forward is to increase that resource.”

Hole MK-18-196 returned 61.20 g/t Au over 2.6 metres, including 265.00 g/t Au over 0.6 metres, at 260 metres below surface. This hole lies 110 metres west of a historic hole that returned 3.56 g/t Au over 1.1 metres, and 75 metres southeast of hole MK-18-195, which yielded 1.84 g/t Au over 1.0 metre. The intersections from holes MK-18-196 and MK-18-195 are on the same horizon, thereby potentially representing a new lens at depth.

Hole MK-18-183, drilled northwest of the proposed open pit, returned 24.70 g/t Au over 0.6 metres from a depth of 60 metres. Along with other holes drilled during the 2018 program, this positive result indicates the potential to extend the open pit towards the northwest.

Hole MK-18-180 returned a grade of 19.80 g/t Au over 0.4 metres from 90 metres below surface to the northeast of the Green Zone. This result extends the main Green Zone lens approximately 50 metres towards the northeast and will increase the underground mining resource in this area.

Hole MK-18-195 returned 9.44 g/t Au over 2.0 metres, including 18.50 g/t Au over 1.0 metre. This intersection is 195 metres below surface and represents a new lens below the main Orange Zone lens. The intersection lies approximately 80 metres northeast of the Orange Zone sector, with the nearest hole returning anomalous values 75 metres farther east. If connected, these results could enlarge the lens and extend it to the northeast.

Initial drill results for the McKenzie Break property:

Hole Length From To Width* Grade Au
number (m) (m) (m) (m) (g/t)
MK-18-179 176 5.9 6.6 0.7 7.30
149.2 150.0 0.8 8.13
MK-18-180 174 89.4 89.8 0.4 19.80
170.0 171.0 1.0 7.60
MK-18-181 201 175.7 176.7 1.0 1.99
MK-18-182 180 22.8 24.6 1.8 5.27
MK-18-183 180 34.2 38.5 4.3 3.73
Including 37.5 38.5 1.0 7.43
52.1 52.7 0.6 24.70
105.8 106.4 0.6 12.95
MK-18-184 174 58.3 59.4 1.1 2.90
148.6 149.6 1.0 6.83
MK-18-185 186 90.6 91.6 1.0 7.46
100.7 101.45 0.75 10.75
MK-18-186 177 64.0 66.0 2.0 2.68
MK-18-187 174 84.0 88.8 4.8 3.91
MK-18-188 177 6.9 9.3 2.4 3.08
9.2 20.2 1.0 3.46
131.7 132.5 0.8 2.18
MK-18-189 177 11.0 12.0 1.0 2.00
MK-18-190 201 17.6 18.8 1.2 4.87
25.8 27.8 2.0 2.70
39.8 41.0 1.2 3.46
MK-18-191 252 45.5 46.5 1.0 2.26
166.0 179.0 13.0 0.39
MK-18-192 276 89.7 91.9 2.2 6.78
190.0 194.0 4.0 0.68
223.0 226.5 3.5 1.18
MK-18-193 234 130.0 131.1 1.1 8.90
209.0 212.2 3.2 1.76
MK-18-194 234 15.0 16.0 1.0 6.67
111.7 112.7 1.0 2.13
MK-18-195 276 193.0 195.0 2.0 9.44
Including 194.0 195.0 1.0 18.50
MK-18-196 300 254.8 257.4 2.6 61.20
Including 255.7 256.3 0.6 265.00
293.8 296.0 2.2 1.88
MK-18-197 201 177.6 178.8 1.2 1.68
MK-18-198 198 62.5 63.7 1.2 0.18
MK-18-199 276 260.9 262.0 1.1 4.24

*The width shown is the core length. True width is estimated to be 90-100% of the core length.

McKenzie Break is a high-grade, multiple-narrow-vein gold deposit hosted in the dioritic Pascalis batholith and underlain by porphyritic diorite and mafic and felsic volcanic rocks. On June 14, 2018, the Corporation reported an NI 43-101 pit-constrained resource of 48,133 ounces in the Indicated category and 14,897 ounces in the Inferred category on the property, as well as an underground resource of 53,448 ounces in the Indicated category and 49,130 ounces in the Inferred category, for a total of 165,608 ounces of gold (Source: NI 43-101 Technical Report on the McKenzie Break Project, April 17, 2018, Alain-Jean Beauregard, P.Geo., and Daniel Gaudreault, Eng., of Geologica Groupe-Conseil Inc., and Christian D’Amours, P.Geo., of GeoPointCom Inc.).

Sampling normally consists of sawing the core into equal halves along its main axis and shipping one of the halves to the ALS Minerals laboratory in Val-d’Or, Quebec for assaying. The samples are crushed, pulverized and assayed by fire assay, with atomic absorption finish. Results exceeding 3.0 g/t Au are re-assayed using the gravity method, and samples containing visible gold grains are assayed using the metallic sieve method. Monarch uses a comprehensive QA/QC protocol, including the insertion of standards, blanks and duplicates.

The technical and scientific content of this press release has been reviewed and approved by Ronald G. Leber, P.Geo., the Corporation’s qualified person under National Instrument 43-101.

ABOUT MONARCH GOLD CORPORATION

Monarch Gold Corporation (TSX: MQR) is an emerging gold mining company focused on pursuing growth through its large portfolio of high-quality projects in the Abitibi mining camp in Quebec, Canada. The Corporation currently owns close to 300 km² of gold properties (see map), including the Wasamac deposit (measured and indicated resource of 2.6 million ounces of gold), the Beaufor Mine, the Croinor Gold (see video), McKenzie Break and Swanson advanced projects and the Camflo and Beacon mills, as well as other promising exploration projects. It also offers custom milling services out of its 1,600 tonne-per-day Camflo mill.

Forward-Looking Statements
The forward-looking statements in this press release involve known and unknown risks, uncertainties and other factors that may cause Monarch’s actual results, performance and achievements to be materially different from the results, performance or achievements expressed or implied therein. Neither TSX nor its Regulation Services Provider (as that term is defined in the policies of the TSX accepts responsibility for the adequacy or accuracy of this press release.

View original content to download multimedia:http://www.prnewswire.com/news-releases/monarch-gold-intersects-61-20-gt-au-over-2-6-metres-including-265-00-gt-au-over-0-6-metres-at-its-mckenzie-break-gold-project-300804145.html

SOURCE Monarch Gold Corporation

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Posted in Monarques Gold | Comments Off on Monarch Gold Intersects 61.20 g/t Au Over 2.6 Metres, Including 265.00 g/t Au Over 0.6 Metres, at its McKenzie Break Gold Project $GDX.ca $ECR.ca $MZZ.ca $QMX.ca $IMG.ca $IAG $MUX

Vertical Exploration $VERT.ca Appoints Martin Gallagher to Advisory Board $TORR.ca $FA.ca

Posted by AGORACOM at 8:13 AM on Thursday, February 28th, 2019
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VANCOUVER, BC / ACCESSWIRE / February 28, 2019 / VERTICAL EXPLORATION INC. (TSX-V: VERT) (“Vertical” or the Company”) is pleased to announce the appointment of Martin Gallagher to the advisory board.

Mr. Gallagher has extensive experience as an analyst and investment professional gained in a variety of investment banking and project evaluation roles, including the resource sector. He holds a BSc. in Financial Economics from Birkbeck College, University of London (1993).

Between 1988 and 2000, Martin worked for a variety of US banks, mainly as a credit and project analyst. From 2001 to 2007, he worked at Dresdner Kleinwort, initially with a focus on high-yield, special situations and distressed investments and finally, serving as Managing Director and Head of Emerging Markets Proprietary Trading, responsible for deploying the bank’s capital across different markets and sectors .

Martin is currently a partner of Brave Partners LLP, a London-based advisory firm, which is active in the insurance, clean energy/storage and natural resource sectors. He provides advice to investors in junior mining, as well as capital raising and related services.

Peter P. Swistak, President/CEO of Vertical Exploration Inc., commented, “We are delighted to have Mr. Gallagher join our growing Vertical Exploration team. His experience as an analyst and investment professional make him an extremely valuable addition to the company”.

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

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Posted in Vertical Exploration Inc | Comments Off on Vertical Exploration $VERT.ca Appoints Martin Gallagher to Advisory Board $TORR.ca $FA.ca

CLIENT FEATURE: $GRAT Gratomic Making 1st Step toward Commercialization with Launch of Graphene Ultra Efficient Tires $DNI.ca $LLG.ca

Posted by AGORACOM at 9:58 AM on Wednesday, February 13th, 2019
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  • Launching Graphene Ultra Fuel Efficient Tires (GUET) toward the end of summer 2019
  • Gratomic certification and terrain testing targeted for completion in Q3, 2019
  • Gratomic anticipates GUET to be the first range of Graphene-enabled ultra fuel-efficient tires
  • Gratomic will now target mass market sales demand via Graphene Ultra Fuel Efficient Tires (GUET)

About Gratomic Inc.

Gratomic is an advanced material company focused on mine to market commercialization of graphite products, most notably high-value graphene-based components for a range of mass market products.

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

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Posted in Gratomic | Comments Off on CLIENT FEATURE: $GRAT Gratomic Making 1st Step toward Commercialization with Launch of Graphene Ultra Efficient Tires $DNI.ca $LLG.ca

$GRAT Gratomic and TODAQ announce supply chain partnership to track commercial graphene from source to end consumer on the TODA protocol $DNI.ca LLG.ca

Posted by AGORACOM at 4:56 PM on Friday, January 25th, 2019
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  • GRAT and TODAQ Holdings Inc. have entered into a memorandum of understanding
  • Describes the terms of a supply chain partnership to put Gratomic’s supply chain and products on the TODA Protocol.
  • Integrating Gratomic’s operations and products onto the TODA-as-a-service platform with TODAQ as a partner allows delivery of desired product efficiently and effectively into the customers hands

TORONTO, Jan. 25, 2019 /PRNewswire/ — Gratomic Inc. (the “Company”) (TSX.V:GRAT), a publicly traded Canadian TSX.V company, and TODAQ Holdings Inc. (“TODAQ”) are pleased to announce that they have entered into a memorandum of understanding describing the terms of a supply chain partnership to put Gratomic’s supply chain and products on the TODA Protocol.

Gratomic Inc.

“The market for tires requires products that deliver fuel efficiency, safe handling, and extended wear.  Integrating Gratomic’s operations and products onto the TODA-as-a-service (“TaaS”) platform with TODAQ as a partner allows us to deliver the desired product efficiently and effectively into the customers hands, with the peace of mind of knowing what they own has been monitored from the raw material source through to the finished product,”said Gratomic’s Chairman and co-CEO Sheldon Inwentash.

The project will focus on providing incontrovertible proof of provenance in respect of Gratomic’s graphite supply and consequent synthesis of commercial nano engineered graphene products throughout the global graphene marketplace down to the end consumer. 

“We’re pleased to add Gratomic as our mining partner alongside our other pharmaceutical and energy supply chain projects. TODAQ is looking forward to adding efficiency and security with scale to Gratomic’s operations, providing a brand multiplier that adds confidence to products carrying liberated nano engineered graphene from Gratomic’s dedicated graphite source, and of course addressing the potential for forgeries and fakes that can become a constant source of leakage,” said Sung Soo Park, TODAQ Managing Director in Seoul.

The project will be rolled out in stages over 2019 as Gratomic brings its end products to market starting with first proof of concepts and staging to commercial delivery of its fuel efficient tire in collaboration with its development partner, Perpetuus Carbon Technologies.  

“Our Graphite mine in Namibia delivers some of the highest quality exceptionally friable graphite for ease of commercial processing. A methodology for monitoring which graphite source is processed into a specific product is a game changer,” said Arno Brand, Gratomic’s co-CEO.

It is expected that the complete project will span multiple continents with peer-to-peer cross-border settlement of transactions in less than a minute, and aim to efficiently demonstrate results that can commercially scale up looking into 2020. Later phases will also aim to include value-added trade finance services on the TaaS platform.

“The TODA Protocol ensures individual ownership of your own data and TODAQ is here to enable secure and efficient international trade and commoditize the settlement of value. The beauty of this project is that once a customer buys graphene ultra-efficient tires, they own that digital asset and embedded proof of the tire, without requiring any other intermediary including the mine, processor, manufacturing company, retail source or even TODAQ,” said TODAQ CEO, Hassan Khan.

About TODAQ Holdings Inc.

TODAQ is a fintech “bank of the future” that offers both a supply chain solutions platform and a consumer solutions platform to enterprises, banks, and smart cities for all their asset and money transactions. It intends to also provide these clients access to value added finance and insurance services. TODAQ is also initially responsible for the distribution of the Toda Note (TDN), a cryptographically controlled supply of 237 USD backstopped digital notes designed to be used as a medium of exchange for commerce and industry.

For more information contact:
Hassan Khan, CEO, +1 416-704-3113      E-mail inquiries: [email protected] 

About Gratomic Inc.

Gratomic is an advanced materials company focused on mine to market commercialization of graphite products most notably high value graphene-based components for a range of mass market products. We are collaborating with a leading European manufacturer of graphenes to use Aukam graphite to manufacture graphene products for commercialization on an industrial scale. The company is listed on the TSX Venture Exchange under the symbol GRAT.

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

FORWARD LOOKING STATEMENTS: This news release contains forward-looking statements, which relate to future events or future performance and reflect management’s current expectations and assumptions.  Such forward-looking statements reflect management’s current beliefs and are based on assumptions made by and information currently available to the Company. Investors are cautioned that these forward looking statements are neither promises nor guarantees, and are subject to risks and uncertainties that may cause future results to differ materially from those expected. These forward-looking statements are made as of the date hereof and, except as required under applicable securities legislation, the Company does not assume any obligation to update or revise them to reflect new events or circumstances. All of the forward-looking statements made in this press release are qualified by these cautionary statements and by those made in our filings with SEDAR in Canada (available at www.sedar.com).

Photo – https://mma.prnewswire.com/media/813762/Gratomic_Gratomic_and_TODAQ_announce_supply_chain_partnership_to.jpg

For further information: visit the website at www.gratomic.ca or contact: Arno Brand, Co-CEO, +1 416-561-4095, E-mail inquiries: [email protected]

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Tartisan Nickel Corp. $TN.ca – Vale doubles down on #nickel ahead of #EV revolution: Andy Home $ROX.ca $FF.ca $EDG.ca $AGL.ca $ANZ.ca

Posted by AGORACOM-JC at 4:02 PM on Friday, December 7th, 2018

SPONSOR: Tartisan Nickel (TN:CSE) The company’s Kenbridge Property has a measured and indicated resource of 7.14 million tonnes at 0.62% nickel, 0.33% copper. Tartisan also has interests in Peru, including a 20 percent equity stake in Eloro Resources and 2 percent NSR in their La Victoria property. Click her for more information

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-Vale, the Brazilian mining giant built on supplying the world’s steel mills with iron ore, is now betting on the electric vehicle (EV) revolution to turn its nickel division around.

-“We believe in this revolution to come,” Chief Executive Fabio Schvartsman told analysts at the company’s investor day presentation in New York this week.

Andy Home

LONDON (Reuters) – Vale, the Brazilian mining giant built on supplying the world’s steel mills with iron ore, is now betting on the electric vehicle (EV) revolution to turn its nickel division around. FILE PHOTO: The logo of Vale SA is pictured in Rio de Janeiro, Brazil, August 7, 2017. REUTERS/Ricardo Moraes/File Photo

“We believe in this revolution to come,” Chief Executive Fabio Schvartsman told analysts at the company’s investor day presentation in New York this week.

The use of nickel in lithium ion batteries will translate into at least 500,000 tonnes of extra demand by 2025, according to Vale, which is planning to play a leading role in meeting the additional need for high-grade metal.

However, to do so, it will have to turn around its troubled New Caledonian operations, a task described by Schvartsman as “maybe our biggest challenge”.

It will also have to gamble that Chinese players led by the Tsingshan steel group don’t make the technological breakthrough that would allow them to convert nickel ore straight into battery-grade nickel.

That would undermine demand for the sort of high-purity material, so-called Class I nickel, that Vale specializes in producing.

STILL WAITING FOR GORO

Vale had been hoping to attract a partner for its Vale New Caledonia (VNC) operations but evidently without success.

It will now go it alone.

What was originally known as the Goro project has been strewn with operational problems ever since it came on stream, two years late, in 2011.

In theory, it’s perfectly positioned to ride the EV revolution, producing the right sort of nickel for processing into batteries with a by-product stream of cobalt, another hot battery metal.

In practice, Vale has never fully mastered the high-pressure-acid-lead (HPAL) technology used to convert ore to nickel oxides.

The original plan envisaged a three-year ramp-up to nameplate capacity of 58,000 tonnes of nickel in oxide and hydroxide. In 2017, its sixth year of operation, it managed 40,000 tonnes.

Alas, even that good run hasn’t lasted into 2018.

Production of what Vale terms “finished nickel products from VNC source material” fell 17 percent in the first nine months of the year to 24,200 tonnes and VNC reported an operating loss of $42 million in the third quarter itself.

Vale management is undeterred.

It has, according to Eduardo Bartolomeo, head of the company’s base metals division, commissioned a “very detailed study to know exactly why we can’t achieve our nameplate capacity.”

The study found that there is no “insurmountable” bottleneck in the plant and Vale’s goal is now to invest $500 million to get the plant operating at 50,000 tonnes per year of nickel products over a two- to three-year time horizon.

It’s not the first time senior Vale management has vowed to fix Goro, but the new-found incentive is the coming electric vehicle revolution.

The decision to double down on New Caledonia is “very simple”, according to Schvartsman. “We will need this operation in order to supply the market because of the growth in the consumption for batteries.”

TSINGSHAN CHALLENGE

That is, unless Chinese steel giant Tsingshan can make good on its ambitions to build an Indonesian plant that can convert nickel ore straight into battery-quality material.

Since Tsingshan’s original announcement in September, the London Metal Exchange (LME) nickel price has fallen from just under $13,000 per tonne to a current $11,000.

Nickel’s shiny electric vehicle premium has been blown away by the prospect of Indonesia’s abundant nickel ore production, currently exclusively destined for the stainless steel sector, being diverted into meeting battery demand.

Such an eventuality could also impact severely demand for the sort of premium nickel product currently produced by Vale.

No-one quite believes Tsingshan’s stated intention of building a plant to produce 50,000 tonnes per year of contained nickel at a cost of $700 million with first production next year. Particularly since it is proposing to use the same HPAL technology that has challenged Vale and other producers in recent years.

But based on Tsingshan’s track record of single-handedly propelling Indonesia into the top ranks of stainless steel producers in super-quick time, no-one’s quite sure either.

Vale’s Schvartsman conceded that “there is no question about the ingenuity of the Chinese” and that over time “this technology will become more competitive in their hands”.

But not next year, nor in all likelihood the year after.

To build a plant that size, using that technology with that amount of investment “is totally impossible”, Schvartsman said.

Tsingshan’s September statement, according to Schvartsman, “is more an issue of communication – there isn’t anything real behind it.”

“Just talk”, agreed Bartolomeo, who noted it would take Tsingshan 18 months just to get a federal marine disposal license. “They have the provisional license but the rules are very strict”.

NOW A BELIEVER

This time last year, when Vale was actively looking for an investment partner in VNC, Schvartsman said it was a test of whether the market really believed that “nickel is something that is important for the future of EVs.”

Would all the future promise “translate into someone who is eager to invest with us to have more nickel in the future”?

The apparent negative response is in all likelihood far more to do with Goro’s problematic past performance than nickel’s future prospects.

The metal seems on track to be an early winner in the materials competition for lithium batteries, partly at the expense of cobalt on price and supply stability grounds.

But the promise still lies largely in the future. Batteries only account for around 5 percent of total nickel demand.

Right now the price remains beholden to its traditional stainless steel drivers. Stainless production ran hot through the first part of this year but is cooling rapidly, an overlooked part of the recent price sell-off.

Nickel inventories, meanwhile, remain elevated. Visible stocks on the LME have been falling but there is a strong suspicion that part of the decline has simply reflected statistically hidden stock building along the supply chain.

Vale has around 60,000 tonnes of idled production capacity, taken off-line at the end of 2017 due to low prices.

That gives it plenty of optionality in lifting output as and when demand from the battery sector takes off.

Because one thing is for sure. Vale is now an official believer in the electric vehicle story.

To reap the full rewards, though, it needs to sort out once and for all its problem child, Goro, and keep its fingers crossed that Tsingshan’s announcement is, for now at least, “just talk”.

Source: https://www.reuters.com/article/us-vale-nickel-ahome/vale-doubles-down-on-nickel-ahead-of-ev-revolution-andy-home-idUSKBN1O61KO

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Beauce Gold Fields Secures $550,000 Financing Required for Listing on Tsx Venture Exchange $BGF.ca $HPQ.ca

Posted by AGORACOM-JC at 10:32 AM on Wednesday, December 5th, 2018

Hpq large

  • HPQ subsidiary, Beauce Gold Fields Inc  has raised the minimum $550,000 concurrent private placement required for it’s listing on the TSX-Venture Exchange under the reserved stock symbol BGF
  • Following the satisfactory review, the Date of Record and subsequent Distribution and Listing Date will be announced.

MONTREAL, Dec. 05, 2018 — HPQ Silicon Resources Inc (“HPQ”) (TSX Venture: HPQ) is pleased to inform shareholders that HPQ subsidiary, Beauce Gold Fields Inc (“BGF”) has raised the minimum $550,000 concurrent private placement required for it’s listing on the TSX-Venture Exchange (“Exchange”) under the reserved stock symbol BGF.

Patrick Levasseur, President and CEO of HPQ Beauce Gold Fields subsidiary stated, “I would like to thank everyone who has subscribed to the private placement for the listing of BGF.  This will allow HPQ to unlock the full potential value of the Beauce Gold property through a fresh new entity starting with a tight capital structure.” Mr. Levasseur also stated  “The Beauce is Canada’s last underexplored historical placer mining camp. It’s similar to the placer to hard rock exploration projects in the Yukon or the Cariboo district in BC, that were both placer gold mining camps as well, but recently had major gold discoveries.  Combining our large claims holding in St-Simon-Les-Mines together with our increasing knowledge of the geology, we believe we have narrowed the search in exploring for a hard rock gold deposit”

TSX-V Conditional Approval and Concurrent Private Placement

The Listing of BGF was conditional to closing the private placement.  The listing is also conditional to the submission of the Listing Application, the required financial statements plus various supporting documents that HPQ is submitting to the Exchange for satisfactory review.

Following the satisfactory review, the Date of Record and subsequent Distribution and Listing Date will be announced.

In this regard, the BGF’s notice for filing in connection with this Private Placement will be the following basis:

  1. 3,500,000 hard-cash units (HC Units) at the price of $0.10 per HC Unit for total of $350,000.00
  2. 1,666,666 flow-through units (FT Units) at the price of $0.12 per FT Unit for total of $200,000.00

Each HC Unit will be comprised of one common share and one warrant to purchase one common share at the price of $0.15 per share for two years following the closing date. Each FT Unit will be comprised of one flow-through common share and one-half of one warrant, with each full warrant allowing the holder to purchase one common share at the exercise price of $0.18 per share for a period of two years following the closing date.

Beauce Gold Fields – A Tight Capital Structure at Listing

Transactions Number of Shares
Private Placement to HPQ 200,000
Spin-out – Shares at $0.10 per Share 13,350,000
HPQ Direct Ownership (≈ 15%) 2,870,000
Distributed to HPQ Shareholders (≈55%) 10,680,000
Flow Through Private Placement at $0.12 per Share 1,666,666
Hard Cash Private Placement at $0.10 per Share 3,500,000
BGF Shares outstanding at Listing 18,716,666
Warrants- Private Placement 4,333,333
Warrants – HPQ warrant holders * 4,158,350
Stock Option Plan (rolling 10%) 1,900,000
Fully Diluted Capital 29,108,349

* Subject to adjustment based on the final HPQ Ratio upon the Ex-Distribution Date.

About Beauce Gold Fields

BGF is a wholly owned subsidiary of HPQ Silicon into which HPQ gold assets were transferred.   Subject to approval by TSX-V, HPQ is in the process of listing BGF as a new public junior gold company, following the approval by shareholders during HPQ AGM held on Aug. 10, 2018, of the proposed terms of the plan of arrangement.

The Beauce Gold Fields project is a unique, historically prolific gold property located in the municipality of Saint-Simon-les-Mines in the Beauce region of Southern Quebec. Comprising of a block of 152 claims 100% owned by HPQ, the project area hosts a six kilometre long unconsolidated gold-bearing sedimentary unit (a lower saprolite and an upper brown diamictite). Textural observations (angularity) of gold nuggets suggest a relatively proximal source and therefore a short transport distance. The gold in saprolite indicates a close proximity to a bedrock source of gold, providing possible further exploration discoveries.  The property was also hosts numerous historical gold mines that were active from 1860s to the 1960s (see HPQ SEDAR-filed report).

Find more information at: www.beaucegold.com

About HPQ Silicon

HPQ Silicon Resources Inc. is a TSX-V listed resource company planning to become a vertically integrated and diversified High Purity, Solar Grade Silicon Metal (SoG Si) producer and a manufacturer of multi and monocrystalline solar cells of the P and N types, required for production of high performance photovoltaic conversion.

HPQ’s goal is to develop, in collaboration with industry leaders, PyroGenesis (TSX-V:PYR) and Apollon Solar, that are experts in their fields of interest, the innovative PUREVAPTM “Quartz Reduction Reactors (QRR)”, a truly 2.0 Carbothermic process (patent pending), which will permit the transformation and purification of quartz (SiO2) into high purity silicon metal (Si) in one step and reduce by a factor of at least two-thirds (2/3) the costs associated with the transformation of quartz (SiO2) into SoG Si. The pilot plant equipment that will validate the commercial potential of the process is on schedule to start mid-2019.

Disclaimers:

This news release does not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of any of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or the securities laws of any state of the United States and may not be offered or sold within the United States or to, or for the account or the benefit of, U.S. persons (as defined in Regulation S un der the U.S.  Securities Act) unless registered under the U.S. Securities Act and applicable state securities laws or pursuant to an exemption from such registration requirements.

This press release contains certain forward-looking statements, including, without limitation, statements containing the words “may”, “plan”, “will”, “estimate”, “continue”, “anticipate”, “intend”, “expect”, “in the process” and other similar expressions which constitute “forward-looking information” within the meaning of applicable securities laws. Forward-looking statements reflect the Company’s current expectation and assumptions, and are subject to a number of risks and uncertainties that could cause actual results to differ materially from those anticipated. These forward-looking statements involve risks and uncertainties including, but not limited to, our expectations regarding the acceptance of our products by the market, our strategy to develop new products and enhance the capabilities of existing products, our strategy with respect to research and development, the impact of competitive products and pricing, new product development, and uncertainties related to the regulatory approval process. Such statements reflect the current views of the Company with respect to future events and are subject to certain risks and uncertainties and other risks detailed from time-to-time in the Company’s on-going filings with the securities regulatory authorities, which filings can be found at www.sedar.com. Actual results, events, and performance may differ materially. Readers are cautioned not to place undue reliance on these forward-looking statements. The Company undertakes no obligation to publicly update or revise any forward-looking statements either as a result of new information, future events or otherwise, except as required by applicable securities laws. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

For further information contact

Bernard J. Tourillon, Chairman, President and CEO HPQ Tel (514) 907-1011
Patrick Levasseur, COO HPQ, President and CEO BGF Tel: (514) 262-9239
www.HPQSilicon.com

Shares outstanding: 222,284,053

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Tartisan Nickel $TN.ca – Nickel To See A “Fundamental Shift” In Supply And Demand $ROX.ca $FF.ca $EDG.ca $AGL.ca $ANZ.ca

Posted by AGORACOM-JC at 5:58 PM on Wednesday, November 28th, 2018

SPONSOR: Tartisan Nickel (TN:CSE)  Kenbridge Property has a measured and indicated resource of 7.14 million tonnes at 0.62% nickel, 0.33% copper. Tartisan also has interests in Peru, including a 20 percent equity stake in Eloro Resources and 2 percent NSR in their La Victoria property. Click her for more information

Tc logo in black

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Guest(s): Mark Jarvis President, CEO & Director, Giga Metals

Although batteries still account for a relatively small portion of nickel demand, the electrification of cars is growing that source of demand significantly, this according to Mark Jarvis, president and CEO of Giga Metals.
“The steady march of electric vehicles is a fundamental shift in the supply-demand equation, especially for class 1 nickel,” Jarvis told Kitco News on the sidelines of the Swiss Mining Institute Conference in Geneva.

WATCH INTERVIEW HERE

Source:Read More

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INTERVIEW: Liberty Star $LBSR Provides Update on Hay Mountain With Renewed Emphasis on “Great Cluster” #Copper $TMBXF $MIN.ca

Posted by AGORACOM-JC at 2:24 PM on Wednesday, November 28th, 2018

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