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ThreeD Capital $IDK.ca Announces Its Artificial Intelligence Investment, GoldSpot Discoveries, Reports Major Milestone At #Sprott $SII.ca Mining Majority Owned Jerritt Canyon Project

Posted by AGORACOM-JC at 8:42 AM on Wednesday, September 6th, 2017

Threed capital

  • Announced the achievement of a major milestone by its’ artificial intelligence holding
  • Goldspot has developed a machine‐learning algorithm capable of significantly improving mineral exploration targeting

TORONTO, Sept. 06, 2017 — ThreeD Capital Inc. (“ThreeD” or the “Company”) (CSE:IDK) an emerging Merchant Bank, led by Sheldon Inwentash, that focuses on investments in best of breed, early stage disruptive companies, is pleased to announce the achievement of a major milestone by its’ artificial intelligence holding, Goldspot Discoveries Inc. (“Goldspot”).  ThreeD owns a 22% equity interest (on a non-diluted basis) in Goldspot.

GOLDSPOT BRINGS ARTIFICIAL INTELLIGENCE TO MINERAL EXPLORATION

Goldspot has developed a machine‐learning algorithm capable of significantly improving mineral exploration targeting. The Goldspot Algorithm is proven to mitigate investment risk and increase the efficiency and success rate of exploration in data‐rich environments.  Goldspot was a finalist in the 2017 #DisruptMining Competition and took 2nd place at the 2016 Integra Gold Rush Challenge.

JERRITT CANYON PROJECT – USING ARTIFICIAL INTELLIGENCE TO IDENTIFY THE MOST PROSPECTIVE TARGETS

The Jerritt Canyon project, majority owned by Sprott Mining Inc., through Jerritt Canyon Gold LLC (“Jerritt”), a private mid-tier gold producer in Northern Nevada,  has hosted a historical resource of 12Moz Au with over 9Moz of past production.  Jerritt asked Goldspot to assess a significant amount of data in order to assist with continued exploration.

Goldspot consolidated over 30 years of historical remote sensing, mining, and exploration data into one comprehensive and functional geological model. Goldspot Artificial Intelligence was then able to use this geological model to identify correlations in the data layers of existing and historically mined deposits.

As a result, Goldspot was able to identify target zones with the highest prospectivity potential. The caliber of the newly identified target zones resulted in Goldspot being asked to layout a preliminary drill testing program on the best targets.

Jamie Lavigne, VP Exploration from the Jerritt Canyon mine-site stated “Goldspot has produced a very high-quality 3D geological model of the Jerritt Canyon district which provides an excellent foundation for continued exploration.  We look forward to drilling the priority targets derived by Goldspot through their detailed assessment (AI techniques) of the data.  The management of Jerritt Canyon Gold looks forward to future collaboration with Goldspot in the continued exploration and development of the Jerritt Canyon district.”

ARTIFICAL INTELLIGENCE CREATES 5,000 METER DRILL PROGRAM

Denis Laviolette, CEO of Goldspot stated, “We are confident that our targets will unveil new, untapped zones to add to Jerritt’s rich history. It is with great anticipation that we now move to the last phase of proof-of-concept, whereby Jerritt has agreed to commence the first 1,000-meters of a 5,000-meter drill program as soon as logistically possible.”

Sheldon Inwentash, Chairman and CEO of ThreeD stated, “I want to thank Denis and the Goldspot team.  They have been working deeply to attain this level of acceptance of their analysis.  We at ThreeD feel this new and disruptive area of Artificial Intelligence will revolutionize the approach toward mineral discovery.”

About ThreeD

ThreeD Capital, led by Sheldon Inwentash, primarily invests in best of breed, disruptive companies and leading technologies. We are industry agnostic, though the nature of our focus tends to attract companies in the high tech and bio tech space.  We have not abandoned our resources roots but have evolved them through the use of artificial intelligence to better identify, by several magnitudes, the exploration decision making process.

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

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All Eyes On #Gold – But Its #Platinum That Will Soar Up To 95% – And New Age Metals $NAM.ca Could Win Big

Posted by AGORACOM-JC at 10:19 AM on Friday, September 1st, 2017

Sean Zubick wrote a great article on LinkedIn that concluded with the following powerful statement:

“No other PGM company has the torque New Age Metal has, and that is why the company is one of largest holdings in our portfolio.”

Considering the success of Sean and his Palisade Global Investments, that’s incredible 3rd party credibility for Harry Barr and his team. Harry has been incredible patient with his River Valley PGM Deposit and looks set to finally start reaping the rewards.

Here is the article. Take a few minutes and read this:

======================================

The platinum group metals are composed of six noble, precious metallic elements: iridium, osmium, palladium, platinum, ruthenium, and rhodium. In mining, the most valuable PGMs are platinum and palladium, and rhodium to a lesser degree. Intuitively, the metals are correlated in terms of price movement, and often time track other precious metals, especially gold.

While platinum and gold are correlated (0.85), platinum has historically traded higher than gold, averaging 50% more since 2000. The platinum to gold ratio is currently 0.75, with gold consistently trading higher since the beginning of 2015.

If we shorten the timeframe from 2000 to 2009, the average decreases. However, it still implies that current platinum prices are undervalued relative to gold:

Using the current gold price of $1,300/oz. and the average ratio since 2000, platinum should rebound from its current price of $990/oz. to $1,950. Using the 2009 average of 1.03 still means a significant rebound to $1,360/oz., or a gain of 40% from current levels.

The PGM industry is dominated by the major South African platinum producers, and the largest palladium producer in the world, the Russian-based Norilsk Nickel. Just these two regions account for almost 90% of the World’s platinum and palladium production.

What makes PGM investing even more precarious is that in addition to operating in risky jurisdictions, there are only a handful of public companies. If you filter this to junior companies with a resource, you are down to less than ten.

New Age Metals (CVE:NAM, OTCMKTS:PAWEF)

Current Price: C$0.07

Shares Outstanding: 68.4 million

Market Capitalization: C$4.8 million

Cash: ~C$2.6 million

New Age Metals is one of the few PGM companies that operates in a safe jurisdiction, but is also the cheapest on a per platinum ounce basis. According to our analysis and current market prices, New Age Metal’s River Valley PGM Project hosts a total resource of 3.4 million ounces platinum equivalent. This gives New Age Metals a valuation of C$0.74/oz. Compare this to the average of its comp group, C$40.00/oz.

With platinum poised to return to its median, and New Age Metals trading at a substantial discount to its peers, the optionality in this play is enormous.

New Age Metals is an out of favor companies that has fallen through the cracks because of the decline of platinum. However, the company has raised C$2.6 million and is now more than halfway done its 2017 drilling campaign, focusing on the Dana North (T3) and Pine zone.

In addition, an induced polarization (IP) geophysical survey and borehole geophysics has been completed. The first portion of the drill program was concentrated on follow-up drill testing of the 2015/2016 PGM mineralization at the Pine zone. Drilling will now focus on the geophysical interpretation from the recently completed IP survey.

Six holes were completed at the Pine zone, which is open along strike and at depth. The first batch of assays has been sent to the lab. Results are expected any day now.

The current exploration program will be used to establish the resource base for a preliminary economic assessment (PEA), which the company plans to complete before the end of 2018.

Prior to the current program, the River Valley PGM Project has seen 671 holes drill holes for 152,394 metres and $40 million in total spending. Shares from its last financing became free-trading on August 28, and the stock has sold off in anticipation. In fact, share prices are down more than 50% from its recent high. This bargain price is a nice entry for new investors, especially with an imminent fall commodity rally, and the strong and catalytic news flow on the horizon.

No other PGM company has the torque NAM has, and that is why the company is one of largest holdings in our portfolio.

Cheers,

Sean

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Monarques Gold $MQR.ca Intersects a New Zone at Depth on Croinor #Gold #Mining

Posted by AGORACOM-JC at 9:07 AM on Thursday, August 31st, 2017

Monarquesgold hub large

  • New results confirm that the Croinor Gold deposit remains open at depth and along strike.
  • Hole CR-17-547 intersected 5.22 g/t Au over 3 metres (10 feet) at a depth of 594 metres, including 8.41 g/t Au over 1 metre (3 feet)
  • The best result intersected 10.50 g/t Au over 1.5 metres (5 feet) in a 3.1-metre (10 feet) wide vein at a depth of 341 metres.

MONTREAL, Aug. 31, 2017  MONARQUES GOLD CORPORATION (“Monarques” or the “Corporation”) (TSX-V: MQR) (FRANKFURT: MR7) is pleased to report new results from its 2017 drilling program on Croinor Gold. The objectives of the drilling on the Croinor Gold deposit are: (1) to validate the geological interpretation and orientation of the mineralized zones and (2) to discover new zones at depth.

Holes CR-17-543 and CR-17-547 both met the two program objectives. The holes were drilled on Section 620W (see section). Hole CR-17-543 supports the presence of four sheared, sericitized corridors hosting quartz-tourmaline veins with economical gold grades (see table below), once again supporting the close link between the sericite and the gold content of the veins. This new hole also suggests that the dips in the western sector are steeper.

Hole CR-17-547, which totalled 654 metres, crossed several mineralized corridors, as well as a new zone at a vertical depth of 560 metres grading 5.22 g/t Au over 3.0 metres, including 8.41 g/t Au over 1 metre. This new zone has the same alteration characteristics and contains quartz-tourmaline veins with visible gold at the south contact of the diorite. The hole was collared on Section 620W and ended at Section 600W, and intersected the diorite, which hosts the mineralization, between 294 and 599 metres.

The drill results are summarized in the following table.

Hole

From
(m)

To
(m)

Length
(m)

Au
(g/t)

CR-17-543

98.0

100.0

2.0

1.47

CR-17-543

145.7

152.8

7.1

1.49

including

146.7

150.0

3.3

2.21

CR-17-543

163.0

166.2

3.2

2.55

including

165.0

166.2

1.2

6.25

CR-17-543

171.0

184.5

13.5

2.24

including

171.0

172.9

1.9

5.44

including

177.0

178.3

1.3

4.31

including

180.5

184.5

4.0

3.44

CR-17-543

212.0

213.8

1.8

0.94

CR-17-543

407.0

412.0

5.0

0.46

CR-17-547

315.0

317.0

2.0

0.76

CR-17-547

325.5

328.5

3.0

1.09

CR-17-547

339.4

342.5

3.1

5.43

including

341.0

342.5

1.5

10.50

CR-17-547

388.0

389.0

1.0

1.44

CR-17-547

418.5

424.5

6.0

1.69

including

418.5

419.8

1.3

5.62

including

423.2

424.5

1.3

1.90

CR-17-547

587.0

589.2

2.2

1.11

CR-17-547

594.0

597.0

3.0

5.22

including

594.0

595.0

1.0

8.41

 

True width corresponds to approximately 60% of core length.

“Hole CR-17-547 supports what we have always believed: that the Croinor Gold deposit is open at depth and along strike,” said Jean-Marc Lacoste, President and Chief Executive Officer of Monarques. “Each new hole adds to our understanding of the deposit, and indications are that we are using the appropriate controls for the mineralization. Our strategy is to continue testing the mineralization at depth and to drill a few holes at the east and west ends of the deposit. We will also do infill drilling on the Croinor Gold deposit in areas where we have insufficient data in order to increase the indicated resource of the zones of the block model.”

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

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 3.0 g/t are re-assayed using the gravity method, and samples containing gold grains are assayed using the metallic sieve method. Monarques uses a comprehensive QA/QC protocol, including the insertion of standards, blanks and duplicates.

ABOUT MONARQUES GOLD CORPORATION

Monarques Gold is a growing junior gold company focused on becoming the leading explorer and developer of gold properties in the Val-d’Or/Abitibi gold camp in Quebec, Canada. The Corporation currently has approximately 200 km² of gold exploration properties (see map) along the Cadillac Break, as well as its main asset, the Croinor Gold mine, which has great potential to become a producing mine. Monarques Gold is well financed and has close to $9 million in credits from Quebec’s Ministry of Energy and Natural Resources.

(Watch our latest Corporate Video)

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.

SOURCE Monarques Gold Corporation

BULLETIN: #LME considers starting #lithium contract to tap electric car boom #Tesla $NAM.ca $BFF.ca

Posted by AGORACOM-JC at 5:51 PM on Wednesday, August 30th, 2017

  • London Metal Exchange is considering introducing a contract for lithium
  • In heavy demand because of its use in electric cars, as the 140-year old company tries to reverse a fall in volumes.

The exchange, which sets the global price for metals such as copper, aluminium and nickel, has been looking at the feasibility of trading the metal, which is extracted in South America and Australia and mostly sold in a white powder to battery makers. “Lithium is the buzzword within the LME,” one source familiar with the discussions said. Demand for lithium, the world’s lightest metal, is set to soar fourfold by 2025 as ownership of electric cars increases and more batteries are used to store power from renewable energy such as wind and solar, according to consultancy Roskill.

Click here to read entire article.

Invested in Seabridge Gold $SEA.ca $SA ? Check out American Creek $AMK.ca

Posted by AGORACOM-JC at 10:27 AM on Wednesday, August 30th, 2017

AMK: TSX-V, OTCBB: ACKRF

HIGHLIGHTS

  • 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

View Our Presentation

Monarques Gold $MQR.ca approved for inclusion in the Richmond Club Index #Gold #Stocks

Posted by AGORACOM-JC at 9:19 AM on Tuesday, August 29th, 2017

To be the leading explorer and developer of gold properties in the Val D&Or / Abitibi Camp (CNW Group/Monarques Gold Corporation)

  • Selected for inclusion into the Richmond Club Index which has outperformed the TSX Venture Exchange by an average of 26% each year since inception ten years ago
  • Richmond Club screens thousands of companies before it then interviews senior management and carefully selects the best company which it believes is undervalued and has excellent growth potential

MONTREAL, Aug. 29, 2017 MONARQUES GOLD CORPORATION (“Monarques” or the “Corporation”) (TSX-V: MQR) (FRANKFURT: MR7) is pleased to announce that it has been selected for inclusion into the Richmond Club Index which has outperformed the TSX Venture Exchange by an average of 26% each year since inception ten years ago. The Richmond Club screens thousands of companies before it then interviews senior management and carefully selects the best company which it believes is undervalued and has excellent growth potential.

“We are pleased to have been chosen to join the Richmond Club Index,” said Jean-Marc Lacoste, President and Chief Executive Officer of Monarques. “Membership in this index validates the opportunity that Monarques currently represents for investors as an emerging gold producer in Quebec’s Abitibi region, and should help raise the Corporation’s profile among the financial community.”

About The Richmond Club Index
The Richmond Club Index’s success is attributed to: 1) picking quality, undervalued, high growth potential companies and 2) showcasing them to its membership base which tends to increase the stock’s liquidity and puts upward pressure on the price.  Companies in the Richmond Index are invited to make a presentation twice over the twelve-month term. In addition to the live audience, a video is taken of each presenter and synchronized with the company’s PowerPoint slides so that people on the Internet can see exactly what the live audience sees. Internet web statistics show that each video is seen 300-500 times over the first thirty days of the video being posted on the Richmond Club website.

To cover the costs relating to the investor luncheon presentations, video production and web promotion, Monarques has agreed to pay Streetwise Investors Club Inc., owner of the Richmond Club, $1,650.00 plus HST per month for the twelve month term that Monarques will be in the Richmond Club Index.

ABOUT MONARQUES GOLD CORPORATION
Monarques Gold is a growing junior gold company focused on becoming the leading explorer and developer of gold properties in the Val-d’Or/Abitibi gold camp in Quebec, Canada. The Corporation currently has approximately 200 km² of gold exploration properties (see map) along the Cadillac Break, as well as its main asset, the Croinor Gold mine, which has great potential to become a producing mine. Monarques Gold is well financed and has close to $9 million in credits from Quebec’s Ministry of Energy and Natural Resources.

(Watch our latest Corporate Video)

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.

SOURCE Monarques Gold Corporation

View original content with multimedia: http://www.newswire.ca/en/releases/archive/August2017/29/c5780.htm

Jean-Marc Lacoste, President and CEO, 1-888-994-4465, [email protected], www.monarquesgold.com; Elisabeth Tremblay, Senior Geologist – Communications Specialist, 1-888-994-4465, [email protected], www.monarquesgold.comCopyright CNW Group 2017

 

Are you an investor in Goldex Resources $GDX.ca? Check out Monarques Gold $MQR.ca

Posted by AGORACOM-JC at 11:14 AM on Monday, August 28th, 2017

Monarquesgold hub large

Why Monarques Gold?

  • Flagship Croinor Gold Mine Has Great Potential To Become A Producer
  • Company Is Well Financed, Including $9 Million In Credits From Quebec Government
  • 23.20 G/T AU Over 0.4 M and 15.85 G/T AU Over 1 M
  • Recently acquired 750 ton-per-day Beacon mill
  • Major Shareholders include: Rob McEwen and Nemaska Lithium

Are you an investor in Bonterra Resources $BTR.ca? Check Out Opawica $OPW.ca

Posted by AGORACOM-JC at 10:19 AM on Monday, August 28th, 2017

Opw

BAZOOKA EAST GOLD PROPERTY ‐ QUEBEC

Click on image for larger view

WHY OPAWICA?

  • 7km’s of gold vault strike between 3 gold producers
  • In one of the largest gold producing regions in Canada
  • Adjoining to Ridgemont, Granada and Kinross Gold Producing Mines in Rouyn-Noranda Quebec
  • Bazooka properties cover 7 kilometres of the prolific CLLB
  • Cadilac-lardner lake fault system has produced Over 200M oz of GOLD

Invested in Cartier Resources $ECR.ca? Check out Monarques Gold $MQR.ca #Gold #Mining

Posted by AGORACOM-JC at 3:21 PM on Friday, August 25th, 2017

Monarquesgold hub large

Why Monarques Gold?

  • Flagship Croinor Gold Mine Has Great Potential To Become A Producer
  • Company Is Well Financed, Including $9 Million In Credits From Quebec Government
  • 23.20 G/T AU Over 0.4 M and 15.85 G/T AU Over 1 M
  • Recently acquired 750 ton-per-day Beacon mill
  • Major Shareholders include: Rob McEwen and Nemaska Lithium

Grizzly $GZD.ca – 9M Oz of Gold Produced or As Resources Nearby #Gold #Kinross

Posted by AGORACOM-JC at 5:48 PM on Thursday, August 24th, 2017

Gzdnew

WHY GRIZZLY DISCOVERIES?