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HPQ Silicon Resources $HPQ.ca Progress Report Confirms That GEN 2 PUREVAP™ Can Successfully Operate Under Vacuum In Semi-Continuous Feed Mode $FSLR $SPWR $CSIQ $NEP

Posted by AGORACOM-JC at 7:48 AM on Monday, January 15th, 2018

Hpq large

  • Submitted a first progress report on results from the Gen 2 PUREVAP™ Quartz Reduction Reactor test work
  • Gen 2 PUREVAP™ reactor is operating as designed, and yielding results that are in line with expectations
  • Extremely promising for the PUREVAP™ ongoing development as process improvements and design modifications continue to be implemented

MONTREAL, QUEBEC–(Jan. 15, 2018) – HPQ Silicon Resources Inc. (“HPQ”) (TSX VENTURE:HPQ)(FRANKFURT:UGE)(OTC PINK:URAGF) is pleased to inform shareholders that PyroGenesis Canada Inc (PyroGenesis) has submitted a first progress report on results from the Gen 2 PUREVAP™ Quartz Reduction Reactor (“QRR”) test work. The Gen 2 PUREVAP™ reactor is operating as designed, and yielding results that are in line with expectations. This is extremely promising for the PUREVAP™ ongoing development as process improvements and design modifications continue to be implemented.

GEN 2 PUREVAP(TM) in operation: Inside view of Reactor (Top)

 

GEN 2 PUREVAP(TM) in operation: Inside view of the Reactor, (Top-hole opened)

 

GEN 2 PUREVAP(TM) in operation: Isolated Si Chunk size comparison of samples produced by Gen 1 (Left) and Gen 2 (right)

GEN 2 RESULTS START DEMONSTRATING COMMERCIAL SCALABILITY OF PUREVAP™ QRR

Key milestones to date:

  • Gen 2 PUREVAP™ has operated in semi-continuous feed mode under vacuum, over ever increasing time intervals;
  • Gen 2 PUREVAP™ completed 4 operating feed cycles, over 10-12 hours of operation;
  • Gen 2 PUREVAP™ can reach and, more importantly, maintain, the temperature ranges required for optimum operational parameters;
  • Gen 2 PUREVAP™ is achieving significantly higher production yield 5.7 times more (+469%) and production rate 23 times more (+2,259 %) compared to peak Gen 1 PUREVAP™ performance under similar testing conditions.

Very promising output results have also been attained:

  • The largest individual sample of Si produced to date with the Gen 2 PUREVAP™ is 8.5 grams; 8 times more massive than the maximum produced with Gen 1 PUREVAP™;
  • The total mass of Si produced during one Gen 2 PUREVAP™ test is 11.5 times greater than the average of the top 20 GEN 1 PUREVAP™ tests.

Bernard J. Tourillon, Chairman and CEO of HPQ Silicon stated, “Our methodical approach is producing exciting results as we successfully transition from a static lab scale under vacuum to a semi-continuous operating mode under vacuum, with enormous improvements in production. The market so far has not yet comprehended the scope of what has been accomplished, in the lab, and in our breakthrough agreement with Apollon Solar announced in December. Our objective in 2018 is to continue to build on our technical successes and commence the Pilot Plant phase with our ‘Solar Silicon Team’ of PyroGenesis and Apollon Solar, and to build market awareness. The addition of Apollon Solar to our technical team will allow further refinements to the silicon purification and testing of the numerous process improvements now planned for the Pilot Plant. We have started de-risking our project and our ongoing tests are providing valuable information as we continue to implement the adjustments needed to produce the Solar Grade Silicon Metal that will allow the manufacturing of multi and monocrystalline solar cells for high performance photovoltaic conversion.”

“We are pleased to join HPQ in announcing this significant milestone with respect to the scaling up of the PUREVAP™ process,” said P. Peter Pascali, President and CEO of PyroGenesis. “PyroGenesis has a track record of successfully taking new concepts from lab to commercialization. This is clearly demonstrated by our PAWDS waste destruction technology, which has been adopted by the US Navy, and more recently our proprietary Drosrite system, which has become a commercial phenomenon in its own right. We believe that simultaneously converting Quartz into High Purity Silicon Metal using a plasma arc within a vacuum furnace in a semi-continuous feeding mode is the beginning of another such success.”

KEY MILESTONES MOVING FORWARD

Milestones of the GEN 2 PUREVAP™ program in 2018 are:

  • Tapping Silicon Metal from the Gen 2 PUREVAP™;
  • Increasing production yield of Gen 2 PUREVAP™ over multiple test cycles from low grade feedstock;
  • Increasing production yield of Gen 2 PUREVAP™ over multiple test cycles from high grade feedstock;
  • Testing the Purity of the Si produced and implement additional methods to increase the final purity of the Si produced;
  • Testing electrical parameters of the High Purity Si;
  • Provide data to demonstrate the economics of PUREVAP™ QRR;
  • Adapt the methods and processes developed in GEN 2 PUREVAP™ to the final design and assembly of the Pilot Plant equipment.

Pierre Carabin, Eng., M. Eng., has reviewed and approved the technical content of this press release.

This Press Release Is Available On The Company’s CEO Verified Discussion Forum, A Moderated Social Media Platform That Enables Civilized Discussion and Q&A Between Management and Shareholders. La version française du communiqué de presse est disponible sur http://www.hpqsilicon.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 goal is to develop, in collaboration with industry leaders that are experts in their fields of interest, the innovative metallurgical PUREVAP™ “Quartz Reduction Reactors (QRR)” process (patent pending), which will permit production of the highest efficiency SoG Si. The pilot plant equipment that will validate the commercial potential of the process is on schedule for 2018.

Disclaimers:

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.

To view the images accompanying this press release, please visit the following links:

http://media3.marketwire.com/docs/HPQ_Inside_Reactor(Top)_800.jpg

http://media3.marketwire.com/docs/HPQ_Inside_Reactor(Top-hole-opened)_800.jpg

http://media3.marketwire.com/docs/HPQ_Isolated_Si_comparison_samples_800.jpg

Shares outstanding: 191,979,173

 

Contact Information

 

HPQ Silicon Resources Inc.
Bernard J. Tourillon
Chairman and CEO
(514) 907-1011

HPQ Silicon Resources Inc.
Patrick Levasseur
President and COO
(514) 262-9239
www.HPQSilicon.com

 

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ThreeD Capital’s $IDK.ca Artificial Intelligence Investment, #Goldspot Discoveries, Completes $1.3 Million Financing With A Prolific Mining Financier and Hochschild Mining $PNP.ca $ZC.ca

Posted by AGORACOM-JC at 11:20 AM on Thursday, January 11th, 2018

Threed capital

  • Goldspot recently completed a $1.3 million equity financing from a prolific mining financier, as well as Hochschild Mining plc
  • Hochschild is a leading British-based silver and gold mining company operating in North, Central and South America
  • Hochschild produced 17.3 million ounces of silver and 246 thousand ounces of gold
  • Revenues in 2016 were US$688 million
  • Trades on the London Stock Exchange with a market capitalization of US$1.7 billion

TORONTO, Jan. 11, 2018 — ThreeD Capital Inc. (the “Company”) (CSE:IDK), a Canadian-based venture capital firm focused on investments in promising, early stage companies and ICOs with disruptive capabilities, is pleased to announce the following news from Goldspot Discoveries Inc. (“Goldspot”), a developer of Artificial Intelligence capable of significantly improving mineral exploration targeting.  ThreeD owns approximately 18% of Goldspot’s common shares.

FINANCING FROM A PROLIFIC MINING FINANCIER AND HOCHSCHILD MINING

Goldspot recently completed a $1.3 million equity financing from a prolific mining financier, as well as Hochschild Mining plc (“Hochschild”).  Hochschild is a leading British-based silver and gold mining company operating in North, Central and South America. In 2016, Hochschild produced 17.3 million ounces of silver and 246 thousand ounces of gold. Hochschild revenues in 2016 were US$688 million and currently trades on the London Stock Exchange with a market capitalization of US$1.7 billion.

“We are pleased that such key influencers in the mining sector have such confidence in our vision. More importantly, it is testament to the merits of our technology that one of our first clients has a vested interest in our success,” states Denis Laviolette, CEO and President of Goldspot Discoveries. “We believe that big data and machine learning are poised to disrupt the entire mining sector. Our innovation is reinvigorating an archaic sector, reducing significant risk, while giving our stakeholders the most torque for their buck.”

RAMON BARUA AND SHELDON INWENTASH ADDED TO BOARD OF DIRECTORS

Along with the completion of this financing, Goldspot announced the appointment of Ramón Barúa and Sheldon Inwentash to the Board of Directors.

Mr. Barúa is currently the CFO of Hochschild Mining plc, a leading underground precious metals producer focusing on high grade silver and gold deposits, with over 50 years’ operating experience in the Americas. Prior to his appointment, Mr. Barúa served as CEO of Fosfatos del Pacifico, a mining project in northern Peru owned by Cementos Pacasmayo, an associate company of the Hochschild Group. During 2008, Mr. Barúa was the General Manager for Hochschild Mining’s Mexican operations, having previously worked as Deputy CEO and CFO of Cementos Pacasmayo. Prior to joining Hochschild, Mr. Barúa was a Vice President of Debt Capital Markets with Deutsche Bank in New York for four years and a sales analyst with Banco Santander in Peru.

Mr. Inwentash has more than 30 years of investing experience and success, financing hundreds of private and public start-up companies. The Financial Post called him a “A World Leader in financing junior resource firms”. Through two decades leading Pinetree Capital, Mr. Inwentash created significant shareholder value through early investments and subsequent exits in companies such as Queenston Mining (acquired by Osisko Mining Corp. for $550-million), Aurelian Resources (acquired by Kinross for $1.2-billion) and Gold Eagle Mines (acquired by Goldcorp for $1.5-billion), with the firm’s market capitalization exceeding $1 Billion at its peak.

Mr. Inwentash stated, “I want to congratulate Denis and the Goldspot team for achieving yet another important milestone.  Attaining this level of acceptance with two significant influencers in global mining provides third party validation of their Artificial Intelligence capabilities.  I believe this new and disruptive area of Artificial Intelligence will revolutionize the approach toward mineral discovery forever.”

About Goldspot Discoveries Inc.

Goldspot Discoveries is a technology/investment company that has developed a machine-learning algorithm capable of significantly improving mineral exploration targeting on both a regional and local scale. The Goldspot Algorithm is proven to mitigate investment risk and increase the efficiency and success rate of exploration in data-rich environments.  The company plans to lever this technology to create a new and exciting investment opportunity for the market, and to give its stakeholders the greatest upside in the mining sector while reducing the risk.

Goldspot Discoveries is aiming to completely change the investment decision model by using the Goldspot Algorithm to stake acreage, acquire projects and royalties, and invest in public vehicles to ultimately create a portfolio of assets with the greatest reward to risk ratio. Already, the company has staked highly prospective targets in the Abitibi region and is currently working with companies to delineate further targets in Ontario, West Africa, Nevada, Arizona, and South America.

About ThreeD Capital Inc.

ThreeD is a publicly-traded Canadian-based venture capital firm focused on opportunistic investments in companies in the Junior Resources, Artificial Intelligence and Blockchain sectors.  ThreeD seeks to invest in early stage, promising companies and ICOs where it may be the lead investor and can additionally provide investees with advisory services, mentoring and access to the Company’s ecosystem.

For further information: Gerry Feldman, CPA, CA Chief Financial Officer and Corporate Secretary [email protected]
telephone: 416 606 7655

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Monarques Gold $MQR.ca intersects 61.48 g/t Au over 3.9 metres (12.8 feet) at the Beaufor Mine $MUX.ca $SII.ca

Posted by AGORACOM-JC at 8:54 AM on Thursday, January 11th, 2018

  • New zones subparallel to Zone Q intersected with significant grades of:
    • 61.48 g/t Au over 3.9 metres, including 361.00 g/t Au over 0.7 metres
    • 39.05 g/t Au over 1.8 metres, including 99.95 g/t Au over 0.7 metres
    • 15.44 g/t Au over 3.0 metres, including 49.55 g/t Au over 0.8 metres
  • A new area, Zone 1700, returns a grade of:
    • 12.33 g/t Au over 1.6 metres, including 36.25 g/t Au over 0.5 metres

MONTREAL, Jan. 11, 2018  – MONARQUES GOLD CORPORATION (“Monarques” or the “Corporation”) (TSX.V:MQR) (OTCMKTS:MRQRF) (FRANKFURT:MR7) is pleased to report the results of its exploration drilling program at the Beaufor Mine. The 2,239-metre program was aimed at increasing the resource in two sectors of the Beaufor Mine, Zone Q and Zone 1700.

Zone Q Sector

Zone Q is the main zone of current production at the Beaufor Mine.

Two new holes were drilled in the eastern extension of Zone Q, outside the known mineralized envelope, to test the continuity of the structure and check for the presence of mineralized veins in the hangingwall and footwall of the zone. Holes 150-60a and 150-61 (see Sections 1810E and 1855E) were drilled to a depth of 534 and 558 metres, respectively. They intersected Zone Q, as well as several mineralized veins (QH Zone) located 20 to 60 metres from the hangingwall of the zone. A number of mineralized veins were also intersected 10 to 100 metres away from the Zone Q footwall (QF Zone).

These new mineralized zones are similar in nature to the typical known veins at the Beaufor Mine, which are quartz-tourmaline veins with disseminated pyrite associated with diorite dikes.

The best results returned by Zones QH and QF were as follows:

  • Hole 150-60a intersected 15.44 g/t Au over 3.0 metres, including 49.55 g/t Au over 0.8 metres; and 7.70 g/t Au over 2.0 metres, including 14.10 g/t Au over 0.5 metres.
  • Hole 150-61 intersected 61.48 g/t Au over 3.9 metres, including 361.00 g/t Au over 0.7 metres; and 39.05 g/t Au over 1.8 metres, including 99.95 g/t Au over 0.7 metres.

These two holes, spaced at about 45 metres apart, appear to confirm the lateral continuity of Zone QH and Zone Q, which may remain open to the east.

“These initial drill results confirm the strong exploration potential in the area to the east of Zone Q,” said Jean-Marc Lacoste, President and Chief Executive Officer of Monarques. “The intersection of several lenses with significant grades on both sides of the zone is ample reason to explore the area in more detail. Our strategy is to continue testing the mineralization in the east and at depth in order to increase the mineral resource at the Beaufor Mine.”

Zone 1700 Sector

The Zone 1700 sector lies east of the 1500 level of the Beaufor Mine, 458 metres below surface. A few historical holes intersected mineralized lenses with gold values of over 3 g/t.

Four new holes were drilled to test the extensions of those mineralized lenses. The results for holes 152-18, 160-14, 168-04 and 176-01 provided a better understanding of the structure and size of the lenses (see 1500 level plan). Zone 1700 remains open vertically but is not laterally continuous and may be confined by two structures striking N80°.

The most significant grades were intersected in holes 160-14 and 152-18 and appear to indicate the presence of two new zones:

  • Hole 160-14 intersected 10.75 g/t Au over 0.7 metres; 12.33 g/t Au over 1.6 metre, including 36.25 g/t Au over 0.5 metres; and 10.42 g/t Au over 1.1 metres, including 20.30 g/t Au over 0.5 metres.
  • Hole 152-18 intersected 14.25 g/t Au over 0.5 metres.

The extensions of these mineralized lenses are still not well defined and additional drilling is needed for a better understanding of their geometry.

Quality control and qualified person
Sampling normally consists of sawing the core into two equal halves along its main axis and shipping one of the halves to the ALS Minerals laboratory in Val-d’Or for assaying. The samples are crushed, pulverized and assayed by fire assay with atomic absorption finish. Results exceeding 10.0 g/t are re-assayed using the gravity method. Certified standards and blanks are inserted into the sampling stream for quality control purposes.

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

ABOUT MONARQUES GOLD CORPORATION

Monarques Gold Corp (TSX-V: MQR) is an emerging gold producer 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 Beaufor Mine, the Croinor Gold (see video), Wasamac, McKenzie Break and Swanson advanced projects, and the Camflo and Beacon mills, as well as six promising exploration projects. It also offers custom milling services out of its 1,600 tonne-per-day Camflo mill. Monarques enjoys a strong financial position and has more than 150 skilled employees who oversee its operating, development and exploration activities.

Forward-Looking Statements

The forward-looking statements in this press release involve known and unknown risks, uncertainties and other factors that may cause Monarques’ actual results, performance and achievements to be materially different from the results, performance or achievements expressed or implied therein. 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 press release.

Table 1:  Summary of drill results on the Beaufor Mine

Zone Q sector: True width is approximately 80% of the length of the intersection.
Zone 1700 sector: True width is approximately 50% of the length of the intersection.

SOURCE Monarques Gold Corporation

View original content with multimedia: http://www.newswire.ca/en/releases/archive/January2018/11/c3572.html

Jean-Marc Lacoste, President and Chief Executive Officer, 1-888-994-4465, [email protected], www.monarquesgold.com; ElisabethTremblay, Senior Geologist – Communications Specialist, 1-888-994-4465, [email protected], www.monarquesgold.comCopyright CNW Group 2018

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2018 Ground Geophysics Update at the River Valley Platinum Group Metals #PGM #Palladium Project, Sudbury Mining District, Ontario $N.ca $WG.ca $XTM.ca $WM.ca

Posted by AGORACOM-JC at 6:59 PM on Wednesday, January 10th, 2018

New age large

  • Line cutting is near completion in the footwall region of the River Valley Deposit
  • Ground IP geophysics on new footwall discovery will commence January 20th to test the footwall regions of the T4 to T9 anomalies
  • Footwall PGM mineralization is a new and additional source of PGMs at the River Valley project and it will be included in the new resource model.
  • Updated NI 43-101 resource calculations with WSP Canada have commenced and will include all the new data on the deposit and the recently acquired southern extension.
  • The new resource calculation is expected to be completed in Q1-2018
  • Mineralogical testing is ongoing
  • River Valley is the Largest Undeveloped Primary PGM resource in Canada, with 3.9Moz PdEq in Measured Plus Indicated including an additional 1.2Moz PdEq in Inferred and has excellent infrastructure within 100 kilometers to the Sudbury Metallurgical complex.
  • The Price of Pallidum the prominent metal at River Valley is trading at $1,078USD (Jan 10, 2018) near its all-time high based on limited supply and increasing demand.

Vancouver, Canada / January 10, 2018 – New Age Metals Inc. (TSX.V: NAM; OTCQB: PAWEF; FSE: P7J.F) is pleased to provide an update of exploration activity at the company’s River Valley PGM Deposit in Ontario. Field exploration presently is concentrated on the upcoming ground IP geophysical survey. WSP Canada is currently working on the upgraded 43-101 compliant resource calculation and mineralogical test of the different PGM grades is ongoing.

The geophysical survey will be a high-resolution OreVision(R) IP survey performed by Abitibi Geophysics (Thunder Bay, Ontario). OreVision IP can reveal targets at four times the depth of conventional IP without compromising near-surface resolution. The goal of the geophysical survey is to test the footwall portion to the main River Valley PGM Deposit, southward of the Pine Zone IP survey (News Release: Jun 19th, 2017) and to cover the area between target anomalies T4 to T9 (Figure 1). This area represents a survey strike length of approximately 2000 metres. The linecutting and grid is near completion and the IP crews are scheduled to mobilize on site for January 20th.

Upon completion of the geophysics, the company will outline a series of drill programs to test the geophysical anomalies generated from the survey. The goal is to examine the potential for continuous PGM mineralization into the footwall area of the main River Valley PGM Deposit.

WSP Canada (News Release: Sept 7th, 2017) is progressing through the new resource calculation for the River Valley PGM Deposit under the supervision of Todd McCracken, Manager-Mining at WSP Canada. The new resource model and calculation will incorporate all the past data, geophysics, new drilling since 2012 and the River Valley Extensions (previous Mustang Minerals ground).


Click Image To View Full Size

Figure 1: Drill Hole Distribution Map in the Northern Portion of the River Valley PGM Deposit Showing Regions of Upcoming IP Geophysics.

(Image only represents approximately 3.5 km of the overall strike length of the deposit)

In 2016, the company obtained the Mustang Minerals’ southern portion of the River Valley PGM Deposit (River Valley Extension, News Release – Oct 5th, 2016). This added 4 kilometres of mineralized strike length to the company’s River Valley PGM Deposit.

ABOUT NAM’S PGM DIVISION

NAM’s flagship project is its 100% owned River Valley PGM Project (NAM Website – River Valley Project) in the Sudbury Mining District of Northern Ontario (100 km east of Sudbury, Ontario). Presently the River Valley Project is Canada’s largest primary undeveloped PGM deposit with Measured + Indicated resources of 91 million tonnes @ 0.58 g/t Palladium, 0.22 g/t Platinum, 0.04 g/t Gold, with a total metal grade of 1.28 g/t at a cut-off grade of 0.8 g/t PdEq for 2,463,000 ounces PGM plus Gold. This equates to 3,942,910 PdEq ounces. In the Northern portion of the project (Dana North), not including the new high-grade Pine Zone, there is 24 million tonnes @ 1.58 PdEq. The River Valley PGM-Copper-Nickel Sulphide mineralized zones remains open to expansion. The company has recently completed a drill program on the Pine and T3 Zones.

ABOUT NAM’S LITHIUM DIVISION

The Company has five pegmatite hosted Lithium Projects in the Winnipeg River Pegmatite Field, located in SE Manitoba. Three of the projects are drill ready

Recently NAM announced (News Release: Dec 12th, 2017) a signed Letter of Intent with Azincourt Energy Corp for the Manitoba Lithium Projects.. This Pegmatite Field hosts the world class Tanco Pegmatite that has been mined for Tantalum, Cesium and Spodumene (one of the primary Lithium ore minerals) in varying capacities, since 1969. NAM’s Lithium Projects are strategically situated in this prolific Pegmatite Field. Presently, NAM, under its subsidiary Lithium Canada Developments, is one of the largest mineral claim holders in the Winnipeg River Pegmatite Field and is seeking JV partners to further develop the company’s Lithium Division.

QUALIFIED PERSON

The contents contained herein that relate to Exploration Results or Mineral Resources is based on information compiled, reviewed or prepared by Carey Galeschuk, a consulting geoscientist for New Age Metals. Mr. Galeschuk is the Qualified Person as defined by National Instrument 43-101 and has reviewed and approved the technical content of this news release.

On behalf of the Board of Directors

“Harry Barr”

Harry G. Barr

Chairman and CEO

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

Cautionary Note Regarding Forward Looking Statements: This release contains forward-looking statements that involve risks and uncertainties. These statements may differ materially from actual future events or results and are based on current expectations or beliefs. For this purpose, statements of historical fact may be deemed to be forward-looking statements. In addition, forward-looking statements include statements in which the Company uses words such as “continue”, “efforts”, “expect”, “believe”, “anticipate”, “confident”, “intend”, “strategy”, “plan”, “will”, “estimate”, “project”, “goal”, “target”, “prospects”, “optimistic” or similar expressions. These statements by their nature involve risks and uncertainties, and actual results may differ materially depending on a variety of important factors, including, among others, the Company’s ability and continuation of efforts to timely and completely make available adequate current public information, additional or different regulatory and legal requirements and restrictions that may be imposed, and other factors as may be discussed in the documents filed by the Company on SEDAR (www.sedar.com), including the most recent reports that identify important risk factors that could cause actual results to differ from those contained in the forward-looking statements. The Company does not undertake any obligation to review or confirm analysts’ expectations or estimates or to release publicly any revisions to any forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. Investors should not place undue reliance on forward-looking statements.

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#Gold jumps to near 4-month high as US dollar slips sharply $AMK.ca $EXS.ca $MQR.ca

Posted by AGORACOM-JC at 1:35 PM on Wednesday, January 10th, 2018
  • Gold jumped to its highest in nearly four months on Wednesday
  • US dollar tumbled to a six-week low versus the Japanese yen and slid against the euro,
  • lifting assets priced in the US currency and offsetting a rise in global yields

LONDON (Jan 10): Gold jumped to its highest in nearly four months on Wednesday as the US dollar tumbled to a six-week low versus the Japanese yen and slid against the euro, lifting assets priced in the US currency and offsetting a rise in global yields.

The US dollar fell as much as 1.2% against the yen after the Bank of Japan’s move to trim its long-dated government bond purchases earlier this week, putting the US currency on track for its biggest two-day drop in nearly eight months.

The BoJ move also lifted bond yields across the world, generally a negative factor for gold as it increases the opportunity cost of holding non-interest bearing bullion. However, the impact of the US dollar’s fall outweighed that factor.

Spot gold was up 0.9% at US$1,324.40 an ounce at 1107 GMT, having earlier touched its highest since Sept. 15 at US$1,326.56. US gold futures for February delivery were up US$11.50 an ounce at US$1,325.20.

“The story in the markets right now is most certainly the yen story, and that is going to provide enough support (to gold) for the yield story to be ignored,” Saxo Bank’s head of commodity strategy Ole Hansen said. “Dollar/yen is down more than 1%.”

“We are seeing underlying demand for gold here as the year kicks off,” he added.

The US dollar’s slide against the yen also saw it move lower against the euro, with the single currency up 0.6% versus the US unit.

Major government bond yields hit multi-month highs on Wednesday as investors reevaluated the likelihood of continued easy-money policies by the world’s major central banks following the BoJ move. The 10-year US Treasury yield hit 2.57% for the first time since March.

Among other metals, palladium was down 0.1% at US$1,098.50 an ounce, after hitting a record high on Tuesday at US$1,111.40. Tightening emissions standards and a switch away from diesel cars to more palladium-heavy gasoline models has shored up demand expectations for the autocatalyst metal.

“Yesterday once again saw moderate outflows from palladium ETFs,” Commerzbank said in a note. “Since the start of the year, holdings have already been reduced by just shy of 13,000 ounces. The trend seen in recent years appears to be continuing.”

“That said, the exodus from palladium ETFs since the end of 2015 has done nothing to prevent the massive price rise,” it added.

Silver was up 1.2% at US$17.16 an ounce, while platinum was 0.1% higher at US$965.90 an ounce.

Source: http://www.theedgemarkets.com/article/gold-jumps-near-4month-high-us-dollar-slips-sharply

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American Creek Resources $AMK.ca Reports 90.5m of 1.21 g/t #Gold at Treaty Creek, Including 70.5m of 1.47 g/t Gold $SEA $SA $SKE.ca $TUD.ca $PVG

Posted by AGORACOM-JC at 7:21 AM on Wednesday, January 10th, 2018

Hublogolarge2 copy

  • Mineralization grading 1.21 g/tonne gold from 24 to 114.5m depth,
  • Including a higher-grade intercept of 70.5m grading 1.47 g/t gold from 31.5 to 102m

Cardston, AB – American Creek Resources Ltd. (TSX.V: AMK) (the “Corporation”) is pleased to report on results from its 2017 drill program on the Copper Belle zone of the Company’s Treaty Creek property located in B.C.’s Golden Triangle adjacent to Seabridge’s KSM project and Pretivm’s Brucejack mine.

CB-17-12, a step-out hole drilled on the Copper Belle zone, intersected various mineralized zones where the most significant was 90.5m of continuous mineralization grading 1.21 g/tonne gold from 24 to 114.5m depth, including a higher-grade intercept of 70.5m grading 1.47 g/t gold from 31.5 to 102m. Hole CB-17-12 was a 564m hole that was collared adjacent to the west side of Treaty glacier where ice ablation (glacier melt-back) has exposed new opportunities for exploration access. Hole CB 17-12 is 110m south of CB-16-03 that graded 58m from 88 to 146m of 1.11 g/t Au; and 122m from 304 to 426m of 0.97 g/t Au. Hole CB 16-03 was drilled uphill at a higher elevation (see map link).

Drill results for hole CB-17-12 are summarized in the table below:

Darren Blaney, President and CEO, stated: “CB-17-12 shows a continuance of significant mineralization found in the numerous holes released so far.  The fact that holes on Copper Belle have excellent results, extend over a one-kilometer range, have continuity between, and are open to the north and south, makes this a very significant system.  This is emphasized by the fact that it, along with the high grade GR2/HC zone, are located within the same hydrothermal system as the world class KSM deposits and the Brucejack mine.  We look forward to the remaining assays and planned resource calculation(s) on the Treaty Creek project”.     

The Copper Belle 2017 resource delineation program comprised 27 drill holes to depths below 700m (an estimated 13,722m) and step-outs of 50m where topography permitted. Results from additional drill holes of the 2017 drill program at Copper Belle are still pending. Drill holes were targeted oblique to the northwesterly plunge of the main mineralized zone. A block of delineated mineralization will form the basis for a preliminary resource estimate. All drill holes were down hole surveyed at 25m stations using a Reflex Multi-shot device.

The Magnetotelluric Geophysical Survey program (MT Survey) completed on the property in 2016 was effectively utilized as a guide for the drill program. The MT Survey suggests that the mineralization continues to the southwest toward the Iron Cap deposit of Seabridge Gold Inc. The MT Survey also suggests that the mineralized zone is open along strike and at depth. Tudor Gold’s 2017 drill program was located just five kilometers north of the Iron Cap deposit and the Company intends to step out to the south in its 2018 program to see if it confirms a relationship between the two areas.

Location map of the drill holes on the Copper Belle

https://orders.newsfilecorp.com/files/4494/31840_a1515513337318_39.jpg

Drill hole samples were assayed by Activation Laboratories Ltd. in Kamloops, BC. Analytical accuracy and precision are monitored by the submission of blanks, certified standards and duplicate samples inserted at regular intervals into the sample stream by Tudor Gold personnel. Activation Laboratories quality system complies with the requirements for the International Standards ISO 17025: 2005.

The Qualified Person for the Treaty Creek results in this new release is James A. McCrea, P.Geo. for the purposes of National Instrument 43-101. He has read and approved the scientific and technical information that forms the basis for the disclosure contained in this news release.

Background on the Treaty Creek Project

The Treaty Creek Project is situated immediately north of Seabridge Gold’s KSM property and near Pretium’s Valley of the Kings Mine, both of which are situated in BC’s Golden Triangle along the Sulphurets and Brucejack fault systems that continue northward into the Treaty Creek property.

In 2017 Tudor conducted a major drill program (approximately 20,000 metres) on the Treaty Creek property. The objective of the drill program was to define a gold resource on the Copper Belle zone and to determine the future potential of the high-grade gold/silver/zinc GR2 zone located in a separate area adjacent to the Copper Belle.

Seabridge Gold’s proposed development plan for their KSM Project includes an access tunnel system through the Treaty Creek property as a key component.  The approximate trajectory of the tunnels can be found on the drill map link above.

The Treaty Creek Project is a joint venture between Tudor, Teuton Resources Corp., and American Creek. Tudor is the operator and holds a 60% interest with both American Creek and Teuton each holding respective 20% carried interests in the property (American Creek and Teuton are not required to contribute to their proportionate costs until a production notice is given).

A summary of the Treaty Creek Project can be viewed here:

http://www.americancreek.com/images/pdf/Treaty_Creek_Joint_Venture_Project.pdf

About American Creek

American Creek holds a strong portfolio of gold and silver properties in British Columbia. The portfolio includes three gold/silver properties in the heart of the Golden Triangle; the Treaty Creek and Electrum joint ventures with Walter Storm/Tudor, as well as the recently acquired 100% owned past producing Dunwell Mine. Other properties held throughout BC include the Gold Hill, Austruck-Bonanza, Ample Goldmax, Silver Side, and Glitter King.

For further information please contact Kelvin Burton at: Phone: 403 752-4040 or Email: [email protected]. Information relating to the Corporation is available on its website at www.americancreek.com

Cautionary Statements regarding Forward-Looking Information

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

All statements other than statements of historical fact included in this release, including, without limitation, statements regarding potential mineralization and geological merits of the Treaty Creek Project and other future plans, objectives or expectations of the Corporation are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Forward-looking statements are based on a number of material factors and assumptions. Important factors that could cause actual results to differ materially from the Corporation’s expectations include actual exploration results, changes in project parameters as plans continue to be refined, results of future resource estimates, future metal prices, availability of capital and financing on acceptable terms, general economic, market or business conditions, uninsured risks, regulatory changes, defects in title, availability of personnel, materials and equipment on a timely basis, accidents or equipment breakdowns, delays in receiving government approvals, unanticipated environmental impacts on operations and costs to remedy same, and other exploration or other risks detailed herein and from time to time in the filings made by the Corporation with securities regulators. Although the Corporation has attempted to identify important factors that could cause actual actions, events or results to differ from those described in forward-looking statements, there may be other factors that cause such actions, events or results to differ materially from those anticipated. There can be no assurance that forward-looking statements will prove to be accurate and accordingly readers are cautioned not to place undue reliance on forward-looking statements.

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.

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GGX Gold Extends Drilling Targets 600 Meters

Posted by AGORACOM at 6:26 AM on Wednesday, January 10th, 2018

 

https://s3.amazonaws.com/s3.agoracom.com/public/companies/logos/564602/hub/ggx_large.png

    • Soil sample analytical results from the 2017 fall program on the Gold Drop Property
    • Conducted in the  Southwest Zone between the COD gold showing and the COD North gold showing and north of the gold bearing Everest vein
    • A total of 334 soil samples were collected along 31 soil lines. These lines were spaced 25m apart

 

Gold Drop Property, Greenwood British Columbia

Vancouver, British Columbia (FSCwire) – GGX Gold Corp. (TSXV: GGX) (the “Company” or “GGX”) is pleased to announce the receipt of soil sample analytical results from the 2017 fall program on the Gold Drop Property, located in southern British Columbia. The soil sampling geochemical program was conducted in the Gold Drop Southwest Zone between the COD gold showing and the COD North gold showing and north of the gold bearing Everest vein. The program identified gold soil anomalies including high values of 0.061, 0.073 and 0.088 ppm gold.

 

To view the graphic in its original size, please click here

 

A total of 334 soil samples were collected during the program and submitted to ALS Minerals in North Vancouver for gold and multi-element analysis. The samples were screened to 180 micron. Gold analysis was by aqua regia extraction with ICP-MS finish. Multi-element analysis was by aqua regia extraction and ICP-MS and ICP-AES. Soil samples were collected along 31 soil lines. These lines were spaced 25m apart with a 25m sample interval. The soil lines were of varying lengths but on average 250m long.

 

The soil sampling program identified several soil gold anomalies in the Southwest Zone, including numerous samples exceeding 0.01 ppm Au (including high values of 0.061, 0.073 and 0.088 ppm Au). The most distinct anomaly or anomalies is in the COD North area, where anomalous values are concentrated between two historical workings. The soil sampling program extended the target area for at least 600 meters northeast of the area of 2017 drilling and trenching. The Company is planning follow up work in this area in 2018 including a trenching program. The program also identified other gold anomalies near the new COD adit and northeast of the COD trenches.

 

The soil sampling program in the Gold Drop Southwest Zone helped identify a new vein exposure in a small, 2 meter deep historic adit 175 meters north of the C.O.D. trench. The adit is driven on a North-south striking quartz vein that is on strike with the C.O.D. Vein, and appears to be of the same style as the Detonia/Jewel quartz vein. Another vein exposure north of the trench was also located by hand pitting on local quartz float. Bedrock quartz samples from the small hand pit material returned values of 4.97 g/t Au and 30.7 g/t Ag. Samples of boulder material found outside of the small adit returned values of 1.28 g/t Au and 6.97 g/t Ag. (News Release of Nov 8, 2017).

 

To view the graphic in its original size, please click here

 

To view the graphic in its original size, please click here

 

David Martin, P.Geo., a Qualified Person as defined by NI 43-101 and consultant for GGX, is responsible for the technical information contained in this News Release.

 

On Behalf of the Board of Directors,

Barry Brown, Director

604-488-3900

 

Investor Relations:

Mr.  Jack Singh: 604-720-6598     E-mail: [email protected]

 

“ We don’t have to do this, we get to do this ” 

The Crew

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FEATURE: American Creek $AMK.ca encounters high grade #Gold #Silver at Treaty Creek north of, and in the same system as #Seabridge $SEA.ca $SA $SKE.ca $TUD.ca $PVG

Posted by AGORACOM-JC at 4:16 PM on Tuesday, January 9th, 2018

AMK: TSX-V, OTCBB: ACKRF

RECENT HIGHLIGHTS

  • Encountered numerous high grade gold/silver intercepts in preliminary drilling at the new HC zone at the Treaty Creek Project Read More
  • Additional gold discovery of 5.1m of 9.57 g/t gold from 249.35m to 254.45m Read More
  • Tudor Has Discovered a New Gold Zone at Treaty Creek: 110 M of 0.909 g/t Gold, Upper 316 M of Hole Yet to Be Assayed
  • Specimens from the Electrum property average 27,092 gm/tonne silver and 248 gm/tonne gold. Read More
  • Tudor has now completed the previously announced Magnetotelluric survey and has commenced drilling Read More
  • Hole CB-16-03 returned 0.526 g/t gold over 629.7 meters
  • Included within this wide 629.7 meter interval is 338 meters of 0.70 g/t gold
  • Also included 54 meters (from 88 to 142 meters) of 1.117 g/t gold and 122 meters of 0.965 g/t gold

View Presentation

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Posted in AGORACOM Client Feature, All Recent Posts, American Creek Resources Ltd. | Comments Off on FEATURE: American Creek $AMK.ca encounters high grade #Gold #Silver at Treaty Creek north of, and in the same system as #Seabridge $SEA.ca $SA $SKE.ca $TUD.ca $PVG

#Palladium ETF Continues Its Blistering Pace #PGM $NAM.ca $WG.ca $XTM.ca $WM.ca

Posted by AGORACOM-JC at 3:49 PM on Monday, January 8th, 2018

  • Among the largest contributors of industrial demand, robust global auto sales fueled greater demand for the precious metals as part of catalytic converters to diminish harmful gas emissions
  • About 40% and 75% of annual demand for platinum and palladium, respectively, apply to autocatalysts in combustion engines

The ETFS Physical Palladium Shares (NYSEArca: PALL) gained nearly 3% last week, extending a run that saw the lone palladium-backed exchange traded fund surge more than 57% in 2017.

Among the largest contributors of industrial demand, robust global auto sales fueled greater demand for the precious metals as part of catalytic converters to diminish harmful gas emissions. About 40% and 75% of annual demand for platinum and palladium, respectively, apply to autocatalysts in combustion engines.

“The spot price for the precious metal only needs to climb by another 1.6 percent in London trading to push past an all-time high that’s stood for 17 years. At the current pace of gains, that could happen within days,” reports Bloomberg. “New York futures for the metal, used to cut car exhaust fumes, already touched the highest for a most-active contract in records going back to 1986.”

Other critics also contend that the popularity of ride sharing platforms indicate a peak in auto demand, which may reflect the weak U.S. auto sales among the Millennial demographic favoring a sharing based economy. This trend may actually spur higher total miles driven and reduce average vehicle lives. The shifting demand to higher total miles driven could potentially reshape the cyclical nature of the industry.

Still, palladium is expected to be in a supply deficit this year, which bodes well for prices.

Source: https://www.etftrends.com/palladium-etf-continues-its-blistering-pace/

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#Palladium Nears Record as Shortage Starts to Squeeze Carmakers $NAM.ca $WG.ca $XTM.ca $WM.ca

Posted by AGORACOM-JC at 2:36 PM on Friday, January 5th, 2018
  • Palladium is within touching distance of a record high amid a looming shortage of the metal used to curb harmful emissions from gasoline-fueled vehicles
  • Metal for immediate delivery nudged 0.3 percent lower to $1,096.45 an ounce,
  • Just shy of its all-time best of $1,125 in 2001
  • Metal for March delivery was 0.4 percent lower at $1,090.15 on the New York Mercantile Exchange, still close to the record for the contract hit this week.
A palladium ingot.Photographer: Andrey Rudakov/Bloomberg
By Eddie Van Der Walt

Palladium is within touching distance of a record high amid a looming shortage of the metal used to curb harmful emissions from gasoline-fueled vehicles.

Metal for immediate delivery nudged 0.3 percent lower to $1,096.45 an ounce, just shy of its all-time best of $1,125 in 2001. Metal for March delivery was 0.4 percent lower at $1,090.15 on the New York Mercantile Exchange, still close to the record for the contract hit this week.

“Prices have continued to rally, building on last year’s gains, with investors anticipating that 2018 will be another great year,” said Georgette Boele, a currency strategist at ABN Amro Bank NV. “But I’m not that optimistic. For a while already that optimism has been built too much on the recycling of already known positive news.”

The metal surged 56 percent last year, among the top-performing commodities, as investors grappled with the possibility of a shortage as demand from the car industry grows, especially in China. The metal is forecast to be in a deficit of about 835,000 ounces this year, according to Citigroup Inc.

The bank expects autocatalyst consumption to continue to rise, breaching 8 million ounces this year, although to some degree offset by sizeable increases in autocatalyst scrap, according to a report last month.

In other precious metals, gold investors will be eyeing U.S. employment data for December due Friday for signs of continued momentum in the world’s largest economy. The report is expected to show that nonfarm payrolls rose 190,000 last month, according to a Bloomberg survey.

Spot gold fell 0.4 percent to $1,317.33 an ounce, after rising to $1,326.07 on Thursday, the highest level since Sept. 15. The metal is up for a fourth straight week, the longest stretch since June.

— With assistance by Ranjeetha Pakiam

Source: https://www.bloomberg.com/news/articles/2018-01-05/palladium-builds-on-last-year-s-stellar-gains-to-head-for-record

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