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Fairmont Resources Inc. Receives Extension for Grabasa Acquisition $FMR.ca

Posted by AGORACOM-JC at 4:38 PM on Wednesday, December 28th, 2016

Received an extension to complete the payment for Granitos de Badajoz until February 22, 2017 from the Spanish Court in Badajoz
â€œWe are optimistic that a financing solution is close at hand for completing the acquisition of Grabasa. With imports increasing 10.9% for worked granite into the United States from Spain in the 3^rdÂ Quarter 2016 versus 3^rdQuarter 2015 when other countries have seen large decreases, other than China, we see an acceptance of Spanish product into the United States market, and for Grabasa this is a new large target marketâ€ states Michael Dehn, President and CEO of Fairmont Resources

VANCOUVER, BRITISH COLUMBIA–(Dec. 28, 2016) –Â Fairmont Resources Inc. (“Fairmont”) (TSX VENTURE:FMR)Â is pleased to announce it has received an extension to complete the payment for Granitos de Badajoz (“Grabasa”) until February 22, 2017 from the Spanish Court in Badajoz.

“We are optimistic that a financing solution is close at hand for completing the acquisition of Grabasa. With imports increasing 10.9% for worked granite into the United States from Spain in the 3^rdÂ Quarter 2016 versus 3^rdQuarter 2015 when other countries have seen large decreases, other than China, we see an acceptance of Spanish product into the United States market, and for Grabasa this is a new large target market” states Michael Dehn, President and CEO of Fairmont Resources.

The U.S. imports of Worked Granite (sawn, one-side polished), a key product produced at Grabasa when last in operation, have generally fallen for most producing nations other that Spain where there was a 10.9% increase, and China where there was a 0.3% increase.

WORKED GRANITE: U.S. IMPORTS
(metric tons)
	3Q 2016	3Q 2015	Change
TOTAL	420,616	526,118	-20.1%
Top Sources
Brazil	201,838	250,122	-19.3%
China	100,419	100,168	0.3%
India	64,084	76,819	-16.6%
Spain	17,954	16,191	10.9%
Italy	12,560	28,019	-55.2%
Canada	10,340	46,439	-77.7%
Source: U.S. International Trade Commission, Stone Update analysis

(From: December 26, 2016, stoneupdate.com)

About Fairmont Resources Inc.

Fairmont Resources Inc. is a rapidly growing industrial mineral and dimensional stone company trading on the Toronto Venture Exchange symbol FMR.

Fairmont’s Quebec properties cover numerous occurrences of high-grade titaniferous magnetite with vanadium, with the Buttercup property having a permit to quarry dense aggregate. Where these occurrences have been tested they have displayed exceptional uniformity with respect to grade. Fairmont also controls three quartz/quartzite properties, with the Forestville property having independent end user testing confirming the suitability of quartzite from Forestville for Ferro Silicon production. Fairmont is also in the process of acquiring the assets of Granitos de Badajoz (GRABASA) in Spain which includes 23 quarries and a 40,000 square metre granite finishing facility that has produced finished granite installed across Europe.

On behalf of the Board of Directors,

Michael A. Dehn

President and CEO, Fairmont Resources Inc.

Tel:647-477-2382

[email protected]

http://www.fairmontresources.ca/

Forward-Looking Statements

Information set forth in this news release contains forward-looking statements that are based on assumptions as of the date of this news release. These statements reflect management’s current estimates, beliefs, intentions and expectations. They are not guarantees of future performance. Fairmont cautions that all forward looking statements are inherently uncertain and that actual performance may be affected by a number of material factors, many of which are beyond Fairmont’s control. Such factors include, among other things: risks and uncertainties relating to Fairmont’s ability to complete the proposed private placement financing, limited operating history and the need to comply with environmental and governmental regulations. Accordingly, actual and future events, conditions and results may differ materially from the estimates, beliefs, intentions and expectations expressed or implied in the forward looking information. Except as required under applicable securities legislation, Fairmont undertakes no obligation to publicly update or revise forward-looking information.

NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

Doren Quinton
President QIS Capital
250-377-1182
[email protected]
www.smallcaps.ca

Tags: #mining, #smallcapstocks, $TSXV, CSE
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American Creek Resources Reports on Treaty Creek JV Project Exploration $AMK.ca

Posted by AGORACOM-JC at 9:11 AM on Wednesday, December 28th, 2016

Hole E-16-05 intersected intermittent values of gold from near surface to a depth of 276 metres, including 0.459 g/t Au over 15m from 27m to 42m, 0.473 g/t Au over 16.5m from 172.5m to 189m, and 0.438 g/t Au over 12m from 264m to 276m
Results of the 2016 program, along with the final MT survey report and analysis, once received, will be instrumental in identifying high potential drill targets for the upcoming 2017 exploration program

CARDSTON, ALBERTA–(Dec. 28, 2016) –Â American Creek Resources Ltd.Â (TSX VENTURE:AMK) (“American Creek”) is pleased to report that operator Tudor Gold Corp. (“Tudor”) has released the assays for the remaining five holes at the Treaty Creek JV Project located in BC’s “Golden Triangle” immediately north of Seabridge Gold’s KSM project and in the same region as Pretivm’s Brucejack project.

As previously announced on October 28, 2016, hole CB-16-03 resulted in the discovery of a significant new gold zone including the best mineralized intersection (338 meters of 0.70 g/t gold) discovered to date at Treaty Creek.Â The hole was drilled 870 meters northeast of discovery hole CB-09-14 drilled by American Creek in 2009 which included 241 meters of 0.80 g/t gold. Hole CB-16-03 along with holes CB-16-02 and CB-16-02 were drilled on the Copper Belle zone (west side of the Treaty Glacier). All three 2016 holes on the Copper Belle zone hit wide intervals of gold mineralization.

Four additional holes were drilled on the east side of the Treaty Glacier in the Treaty Gossan area and the last hole was drilled on the Eureka zone. These holes provided critical information that will be utilized in interpreting both the geology and the Magnetotelluric (MT) survey data.Â Hole E-16-05 intersected intermittent values of gold from near surface to a depth of 276 metres, including 0.459 g/t Au over 15m from 27m to 42m, 0.473 g/t Au over 16.5m from 172.5m to 189m, and 0.438 g/t Au over 12m from 264m to 276m.

The results of the 2016 program, along with the final MT survey report and analysis, once received, will be instrumental in identifying high potential drill targets for the upcoming 2017 exploration program.

Darren Blaney, American Creek CEO stated: “The 2016 Treaty program has successfully laid the foundation for the upcoming 2017 program. Tudor has extended the known mineralization at Copper Belle, found a significant new gold zone, and extended gold intervals to depth.Â The three holes at Copper Belle are all in close proximity to the “discovery contact” discussed in the 2014 Kyba/Nelson BC Geological Survey report, to the Sulphurets thrust fault, and to clastic sequencing (Turbidites) found just up the ridge from the drilling.Â According to the report, these three things in combination increase the chances of “being in the right neighborhood of BC’s next big deposit.”Â We believe the results thus far at Treaty Creek are the beginning of that discovery process.”

The Qualified Person under NI 43-101 for the Treaty Creek exploration program and the technical data in this news release is James Hutter, P.Geo.

The Treaty Creek Project is a joint venture between Tudor, American Creek and Teuton Resources Corp. (“Teuton”). Tudor is the operator and holds a 60% interest with both American Creek and Teuton each holding respective 20% fully carried interests in the property (carried until a production notice is given).

American Creek is a Canadian junior mineral exploration company focused on the acquisition, exploration and development of mineral deposits within the Province of British Columbia, Canada.

Information relating to the Corporation is available on its website atÂ www.americancreek.com.

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.

American Creek Resources Ltd.
Kelvin Burton
403 752-4040
[email protected]
www.americancreek.com

Tags: #mining, #smallcapstocks, $TSXV, gold, Seabridge Gold (SEA.T)
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Explor Closes a First Tranche of a Maximum of $1 Million Private Placement in Flow-Through Shares

Posted by AGORACOM-JC at 4:16 PM on Friday, December 23rd, 2016

Exs logo

Closing of a first tranche of a non-brokered private placement of a maximum of 11,764,705 flow-through common shares at a price of $0.085 each, for total gross proceeds of up to CDN $1,000,000Â
First tranche of the Private Placement closed today consists in the sale of 7,058,824 flow-through shares for an aggregate subscription of $600,000.

ROUYN-NORANDA, QUEBEC–(Dec. 23, 2016) – Explor Resources Inc.Â (TSX VENTURE:EXS)(OTCQX:EXSFF)(FRANKFURT:E1H1)(BERLIN:E1H1) (“Explor” or the “Corporation“) announces the closing of a first tranche of a non-brokered private placement of a maximum of 11,764,705 flow-through common shares at a price of $0.085 each, for total gross proceeds of up to CDN $1,000,000 (the “Private Placement“). The first tranche of the Private Placement closed today consists in the sale of 7,058,824 flow-through shares for an aggregate subscription of $600,000.

The net proceeds from the Private Placement will be incurred by the Corporation in exploration expenditures on mining properties located in the province of QuÃ©bec.

In connection with the Private Placement, the Corporation will pay to an arm’s length finder, finder’s fees representing a cash amount equal to 8% of the subscribed amount through the finder, and non-transferrable finder’s warrants entitling to purchase such number of common shares of the Corporation equal to 8% of the aggregate number of shares subscribed through the finder. These finder’s warrants will be exercisable at a price of $0.085 per common share, up to 24 months from the closing date.

The securities issued pursuant to the first closing of the Private Placement are subject to a hold period of four months and a day ending April 24, 2017.Â The Private Placement is subject to the final approval of the TSX Venture Exchange.

Explor Resources Inc. is a publicly listed company trading on the TSX Venture (EXS), on the OTCQX (EXSFF) and on the Frankfurt and Berlin Stock Exchanges (E1H1).

This press release was prepared by Explor. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the Policies of the TSX Venture Exchange) has reviewed or accepts responsibility for the adequacy or accuracy of this release.

About Explor Resources Inc.

Explor Resources Inc. is a Canadian-based natural resources 46company with mineral holdings in Ontario, QuÃ©bec, Saskatchewan and New Brunswick. Explor is currently focused on exploration in the Abitibi Greenstone Belt. The belt is found in both provinces of Ontario and QuÃ©bec with approximately 33% in Ontario and 67% in QuÃ©bec. The Belt has produced in excess of 180,000,000 ounces of gold and 450,000,000 tonnes of cu-zn ore over the last 100 years. The Corporation was continued under the laws of Alberta in 1986 and has had its main office in QuÃ©bec since 2006.

Explor Resources Flagship project is the Timmins Porcupine West (TPW) Project located in the Porcupine mining camp, in the Province of Ontario. Teck Resources Ltd. is currently conducting an exploration program as part of an earn-in on the TPW property. The TPW mineral resource (Press Release dated August 27, 2013) includes the following:

Open Pit Mineral Resources at a 0.30 g/t Au cut-off grade are as follows:Â
	Â Indicated:	213,000 oz (4,283,000 tonnes at 1.55 g/t Au)
	Â Inferred:	77,000 oz (1,140,000 tonnes at 2.09 g/t Au)

Underground Mineral Resources at a 1.70 g/t Au cut-off grade are as follows:
	Â Indicated:	396,000 oz (4,420,000 tonnes at 2.79 g/t Au)
	Â Inferred:	393,000 oz (5,185,000 tonnes at 2.36 g/t Au)

This document may contain forward-looking statements relating to Explor’s operations or to the environment in which it operates. Such statements are based on operations, estimates, forecasts and projections. They are not guarantees of future performance and involve risks and uncertainties that are difficult to predict and may be beyond Explor’s control. A number of important factors could cause actual outcomes and results to differ materially from those expressed in forward-looking statements, including those set forth in other public filling. In addition, such statements relate to the date on which they are made. Consequently, undue reliance should not be placed on such forward-looking statements. Explor disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, save and except as may be required by applicable securities laws.

Explor Resources Inc.
Christian Dupont
President
819-797-1870
888-997-4630 or 819-797-4630
[email protected]
www.explorresources.com

Tags: #mining, #smallcapstocks, $TSXV, gold, Teck Resources (tck.b: tsx)
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HPQ Silicon Announces Closing of Over-Subscribe Private Placement $HPQ.ca

Posted by AGORACOM-JC at 4:02 PM on Friday, December 23rd, 2016

Completed its previously announced non-brokered private placement consisting of the issuance and sale of an aggregate amount of 6,448,211 units at $0.14 per Unit for gross proceeds of $902,750

Montreal, Quebec, Canada / December 23, 2016 – HPQ Silicon Resources Inc (“HPQ”) (TSX Venture: HPQ) is pleased to inform its shareholders that it has completed its previously announced non-brokered private placement consisting of the issuance and sale of an aggregate amount of 6,448,211 units (“Unit”) at $0.14 per Unit for gross proceeds of $902,750. The Net proceeds of the placement will be used for the placement fees; legal expenses; on-going business development costs related to the development of HPQ – 200 TPY R&D Solar Grade Silicon Metal PUREVAP(TM) Quartz Reduction Reactor Pilot Plant and general corporate expenses.

Each Unit is comprised of one (1) common share and one (1) common share purchase warrant (“Warrant”) of the Company. Each Warrant will entitle the holder thereof to purchase one common share of the capital stock of the Company at an exercise price of $ 0.25 during a period of 24 months from the date of closing of the placement. Each share issued pursuant to the placement will have a mandatory four (4) month holding period from the date of closing of the placement. The placement is subject to standard regulatory approvals.

Mr. Daryl Hodges, a Director of HPQ Silicon Resources Inc, through a wholly owned company, Ladykirk Capital Advisors Inc and Personally have subscribed to 200,000 Units and 100,000 Units, respectively. Following the completion of the Private Placement, Mr. Hodges and Ladykirk Capital Advisors Inc., taken together will beneficially own or exercise control or direction over, directly or indirectly on 1,537,500 Common Shares representing approximately 0.99% of the issued and outstanding Common Shares of the Company.

The participation of each of Mr. Hodges in the Private Placement constitutes a “related party transaction” within the meaning of Multilateral Instrument 61-101 Protection of Minority Security Holders in Special Transactions (“MI 61-101”) and Policy 5.9 -Protection of Minority Security Holders in Special Transactions of the Exchange. In connection with this related party transaction, the Company is relying on the formal valuation and minority approval exemptions of respectively subsection 5.5(a) and 5.7(1)(a) of MI 61-101 as the fair market value of the portion of the Private Placement subscribed by Mr. Hodges does not exceed 25% of the Company’s market capitalization. The Private Placement, including Mr Hodges participation, has been approved by the Board of directors of the Company, with Mr. Hodges abstaining.

Bernard Tourillon, Chairman and CEO of HPQ Silicon stated: ” The demand for the placement was such that 72% of the over allocation potential mention in the December 13 press release was taken, and more would have been taken were not for the fact that we closed the PP today. This funding provides HPQ-Silicon the resources and flexibility to continue the development of the Pilot Plant project with PyroGenesis while simultaneously continuing ongoing discussion with Government based agencies that are demonstrating an interest in the PUREVAP QRR potential..”

In connection with the placement the Company paid a cash finder’s fee of $4,961 and issued 35,440 warrants to Foster & Associates Financial Services Inc. of Toronto, Ontario. Each warrant, and any share purchased through the exercise of the warrants have the mandatory four (4) month holding period from the date of closing of the placement and give the right to purchase one (1) common share at 25.0 cents for 24 months.

About HPQ Silicon

HPQ Silicon Resources Inc is a TSX-V listed junior exploration company planning to become a vertically integrated and diversified High Value Silicon Metal (99.9+% Si), and Solar Grade Silicon Metal (99.9999% Si) producer.

Our business model is focused on developing a disruptive High Purity and Solar Grade Silicon Metal manufacturing process (patent pending) and becoming a vertically – integrated Solar Grade Silicon producer that can generate high yield returns and significant free cash flow within a relatively short time line.

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 under 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.

For further information contact

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

Symbol: TSX.V: HPQ

Symbol: FWB: UGE

Symbol: OTCPink: URAGD

Shares outstanding: 148 605 845

Tags: #mining, #smallcapstocks, $TSXV, High Purity Quartz, High Purity silica
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Fairmont Resources Inc. (TSX-V: FMR) Announces Proposed Private Placement Financing of Flow-Through and Non-Flow-Through Units $FMR.ca

Posted by AGORACOM-JC at 11:45 AM on Thursday, December 22nd, 2016

Proposed non-brokered private placement financing of up to 2,142,857 units at a price of $0.07 per NFT Unit
Gross proceeds of up to $150,000 and a minimum of 1,250,000 and maximum of 1,875,000 units at a price of $0.08 per FT Unit for gross proceeds of up to $150,000

VANCOUVER, BRITISH COLUMBIA–(Dec. 22, 2016) –Â Fairmont Resources Inc. (“Fairmont”) (TSX VENTURE:FMR)Â is pleased to announce a proposed non-brokered private placement financing of up to 2,142,857 units (the “NFT Units”) at a price of $0.07 per NFT Unit for gross proceeds of up to $150,000 and a minimum of 1,250,000 and maximum of 1,875,000 units (the “FT Units”) at a price of $0.08 per FT Unit for gross proceeds of up to $150,000.

Each NFT Unit will be comprised of one common share of Fairmont and one common share purchase warrant (a “NFT Warrant”), with each NFT Warrant entitling the holder to purchase one additional common share at $0.15 per share for a period of two years from the date of issue.Â Each FT Unit will be comprised of one flow-through common share of Fairmont (of which $0.072 of each flow-through common shares will be committed to qualifying expenditures) and one common share purchase warrant (a “FT Warrant”), with each FT Warrant entitling the holder to purchase one additional common share at $0.15 per share for a period of two years from the date of issue.

Subject to TSX Venture Exchange approval, Fairmont may pay a finder’s a fee in cash and/or warrants.Â The finder’s warrants will be on the same terms as the Warrants under the private placement.

Closing of the private placement is subject to TSX Venture Exchange approval.

The proceeds from the private placement will be used for work on Fairmont’s properties and general working capital purposes.

About Fairmont Resources Inc.

Fairmont Resources Inc. is a rapidly growing industrial mineral and dimensional stone company trading on the Toronto Venture Exchange symbol FMR.

Fairmont’s Quebec properties cover numerous occurrences of high-grade titaniferous magnetite with vanadium, with the Buttercup property having a permit to quarry dense aggregate. Where these occurrences have been tested they have display exceptional uniformity with respect to grade. Fairmont also controls three quartz/quartzite properties, with the Forestville property having independent end user testing confirming the suitability of quartzite from Forestville for Ferro Silicon production. Fairmont is also in the process of acquiring the assets of Granitos de Badajoz (GRABASA) in Spain which includes 23 quarries and a 40,000 square metre granite finishing facility that has produced finished granite installed across Europe.

On behalf of the Board of Directors,

Michael A. Dehn, President and CEO, Fairmont Resources Inc.

Forward-Looking Statements

Michael A. Dehn
President and CEO, Fairmont Resources Inc.
647-477-2382
[email protected]
www.fairmontresources.ca

Doren Quinton,
President QIS Capital
250-377-1182
[email protected]
www.smallcaps.ca

Tags: #mining, #smallcapstocks, $TSXV, CSE, lithium
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AGORACOM Welcomes AIM Exploration (AEXE: OTCQB) Exploring Anthracite Coal, The Highest Quality Metallurgical Coal Available $AEXE.us

Posted by AGORACOM-JC at 11:09 AM on Wednesday, December 21st, 2016

Coal is the world’s largest source of energy for the production of electricity.
1 billion tons of coal used in global industrial steel production each year.
There are zero alternatives to coal in the industrial steel-making process.

Anthracite Coal

What Is It and Why This Is So Important?

Anthracite is officially classified as coal however it is not just another fuel, anthracite should not be confused with just ordinary bituminous coal. Anthracite is the highest quality metallurgical coal available, clean burning, hard coal with the highest carbon content of any coal, very energy efficient and even burns smoke free. This premium coal represents only 1% of world coal reserves.

The Cleanest Burning Solid Fossil Fuel

Anthracite is an almost pure form of carbon. It has a very high heat value, and very low levels of sulphur and other impurities. This makes it not only the most sought after home heating fuel but also a much sought after, high quality component for a number of industries. The anthracite coal extracted from the AIM coal concessions in Peru have been tested by the world-wide highly regarded SGS labs and the findings indicate a very high fixed carbon, very low ash and sulpher content with a high calorific value. AIM would be pleased to provide the analysis upon request.

Why Does the World Need Anthracite Coal?

As a result of its attributes, anthracite coal trades at prices substantially higher than thermal coal and has a lower environmental impact. High quality anthracite is increasingly sought for by the steel industry, always under pressure to reduce costs and improve margins. Metallurgical coal together with iron ore is the principal raw materials used to make steel. As such, it supports an improved quality of life for all of us through its use in the construction of homes and hospitals, and in the production of everything from mass transportation vehicles to wind turbines. Due to its high carbon content and low volatiles, anthracite is more reactive and efficient with respect to energy released than the lowerâ€“ranked coals and consequently has a lower environmental impact due to the lower greenhouse gas emissions.

The industry most commonly associated with anthracite is the steel industry.

Within the steelmaking industry, anthracite is used in three processes

Pulverized coal injection
Basic Oxygen Steel
Electric Arc Furnaces

Present Activities

Assets encompass 1,000 hectares of mining concession property consisting of three sites of 600, 200 and 200 hectares respectively.
Percana SA initially acquired these properties based on indications of the presence of high grade anthracite coal. Illegal artisan miners are currently operating multiple one-entry mines on the property, which further indicates the presence and mine-ability of these deposits.
To verify the geology and quality of the coal, Percana SA commissioned local geologists to compile a technical report on the 1,000 hectares. Although the report yielded optimistic estimates of resources, reserves and economics, it does not meet public reporting standards.

LOCATION

located in Huaranchal, which is one of ten districts in the province of Otuzco.
Two-hour drive from Trujillo (the second largest city in Peru), and an equal distance to the city of Otuzco.
Also strategically located 200km from Salaverry, which features a port that can service ships with capacities of up to 35,000 tons. The Port of Salaverry provides direct access to the Pacific Ocean.

INFRASTRUCTURE

Water A river adjacent to the property provides access to water for mining operations. However, most of the coal on the property may be extracted with minimal or no coal washing. Power Power lines cut through the property, although Aim is yet to ascertain the capacity of these lines. The company expects to use diesel powered equipment for most of its mining activities. Roads The first half of the road from the property to Otuzco is along steep mountainsides and can support 25-ton trucks. The next half of the road to Otuzco is better maintained and can also support 25-ton trucks. The road from Otuzco to the Port of Salaverry is well constructed, paved, and has bridges that can support up to 50-ton loads. This will facilitate smooth hauling of coal to the port. Â Besides accessibility to water, transportation and electricity, there are also small villages on the property with ample accommodations and restaurants to service exploration crews and other travelers.

Market Potential

Highly desirable resource with a variety of uses. I
Primarily used in the manufacturing of steel, the production of cement, and the generation of electricity.
70% of the steel produced globally relies on coal (World Coal Association, 2013); 200kg of coal is required to produce one ton of cement (Van Oss, 2012); and 41% of global electricity production relies on coal (Clemente, 2012).
Highest ranking coal because it is older and harder, contains more carbon, has lower moisture content, and burns hotter than any other type of coal. Comprising only 1% of global reserves, anthracite is also the cleanest burning fossil fuel on the planet (Cornerstone, 2013).

Once the joint venture with Prina Energy Aim intends to sell its output to international customers through the joint venture corporation concentrating the marketing efforts in India.

Unavailability of Anthracite Coal in India creates a huge potential for coal as a fuel for Indian Steel industry, which is growing on progressive and steady pace.
Huge scope for growth is offered by Indiaâ€™s comparatively low per capita steel consumption and the expected rise in consumption due to increased infrastructure construction and the thriving automobile and railways sectors.

Competitive Advantage

Aim has a variety of advantages. The company has a team of technical experts on ground in Peru, and has also recruited advisors and directors who bring complementary skills to the venture. In terms of infrastructure, power lines run through Aimâ€™s property, while a river runs adjacent to the site. The road network from the site to Otuzco can support 25-ton trucks. From Otuzco to Salaverry, the road is paved and well maintained, and can support up to 50-ton trucks. There are also accommodation facilities close to the property that can cater to Aim employees and contractors. Other advantages include competitive labour wages in Peru, and competitive storage and stevedoring costs at the port together with the ability to extract deposits with minimal or no coal washing.

Tags: #mining, #smallcapstocks, $TSXV, Anthracite Coal, Coal, CSE, otc
Posted in AGORACOM Clients (New), AIM Exploration, All Recent Posts, Featured | Comments Off on AGORACOM Welcomes AIM Exploration (AEXE: OTCQB) Exploring Anthracite Coal, The Highest Quality Metallurgical Coal Available $AEXE.us

INTERVIEW: Durango Discusses Limestone Quality of up to >99.99% CaCo3* (56.20% CaO) on Mayner’s Fortune Project $DGO.ca

Posted by AGORACOM-JC at 3:34 PM on Tuesday, December 20th, 2016

Mayner’s Fortune

Property is located in the Skeena Mining Division approximately 7.5 kilometres south west of Terrace, BC and 4 kilometres west of Lakelse Lake on Lakelse River.
limestone quality of up to >99.99% CaCo3* (56.20% CaO) has been reported
Property is located adjacent to the CNR railway line running between Terrace and Kitimat, less than 50 kilometres away from the proposed LNG (liquefied natural gas) site at Kitimat, BC.

Lithium

100% interest in the NMX East, a lithium property tied to Nemaska Lithium Inc.â€™s (TSX.V-NMX) Whabouchi property in Quebec. The NMX East property has all season road access via the Route Nord.
Property is comprised of 23 claims which cover 1,200 hectares and is located within a few kilometres of Nemaskaâ€™s proposed mining pit.
Nemaska Lithium is developing the worldâ€™s newest lithium mine in Quebec and has signed agreements with its key stakeholders, gained the required permits and was recently awarded both Federal Environmental Approval and the Province of Quebec Mine Approval.

Hub On AGORACOM / Corporate Profile / Watch Interview Now!

Tags: #mining, #smallcapstocks, $TSXV, CSE, limestone, LNG
Posted in AGORACOM Via Satellite, All Recent Posts, Durango Resources, Featured | Comments Off on INTERVIEW: Durango Discusses Limestone Quality of up to >99.99% CaCo3* (56.20% CaO) on Mayner’s Fortune Project $DGO.ca

AIM Exploration Completes Comprehensive Report on Its Ability to Ship Coal Year-Round via the Port of Salaverry, Estimates Its Coal Capacity Shipments $AEXE.us

Posted by AGORACOM-JC at 12:09 PM on Monday, December 19th, 2016

1a93cd37a17b71f3562bd2343552

Company progresses in preparation for extracting, transporting, and loading of coal, we wish to provide information to our valued investors of the strategic port of Salaverry, is located 17km from the city of Trujillo
Positioned to ship 2 to 4 shiploads of anthracite coal per month, currently Â the spot price exceeds $250.00 MT

Imports and Price of Anthracite at 23-Month High, AIM Exploration (OTCQB: AEXE) $AEXE Proceeds with its Project in Peru, Estimates Coal Capacity Shipments

HENDERSON, NV / ACCESSWIRE / December 19, 2016 / Attention, to our valued shareholders and investors and general coal industry audience:

As The Company progresses in preparation for extracting, transporting, and loading of coal, we wish to provide information to our valued investors of the strategic port of Salaverry, is located 17km from the city of Trujillo. Latitude -8Âº -9′ -54′ S, Longitude -79Âº 0′ -38′ W.

Its Cargo Pier water depth meets our demands for coal shipments at 31 – 35 feet (9.4 – 10 meters). Tide information is updated daily. Tug assist is on-ready, and quarantine stations with Deratt Cert (Ship sanitation certification) is present. Air, Radio, and Telephone communications are on-ready.

It is a major port and has met our potential client demands for Ship repairs, with refueling oil and diesel oil, water/provisioning/engine maintenance. Loading of the coal will be done in wharves and on-anchor. Mobile cranes and 24 ton Lists are available for AIM.

There are neither tide entrance restrictions nor overhead limits.

The Company has studied and consulted with its advisors, clients, and the port, and are pleased that the port is appropriate for year round loading and can provide year round shipping of coal. This efficiency allows the Company to provide coal in a cost effective, and nimble on-demand manner.

Coal supply chain approach is how the Company manages its availability. We are developing clear metrics highlighting our coal inventories at mines and the Port, the arrival date of vessels, the amount of coal being shipped from our mines. The port is ready for coal shipping; cargo shipping constitutes 42% of its monthly usage.

AIM is positioned to ship 2 to 4 shiploads of anthracite coal per month, currently the spot price exceeds $250.00 MT.

“Anthracite is necessary for steel and high-grade metal forging products. The prices currently range between $220 – $400USD per ton, and we have been monitoring the open-market prices, on sxcoal.com and alibaba.com, and they have been on the rise month over month. As the economy expands and with energy demands of G8 and emerging markets are unilaterally in line, we do not see this trend to plateau, rather it is continuing to put price pressure on un-replenishable energy resources,” says JR Todhunter, President and CEO of AIM.

As of 2016-12-08 15:39:00 China Nov coal imports hit 23-month high of 26.97 million tonnes in November, up 24.96% from October. Figures and charts are available in image links or via our twitter account.

Image: https://www.accesswire.com/users/newswire/images/451283/26414ff2-1ae6-4b80-8283-724f29fdb0c9.jpeg

Please click or copy/paste on the links in this news releases for pictures of the port.

Comprehensive pictures and supplemental information is viewable upon opening the link to the PDF and Word document. Thank you.

About Aim Exploration:

The Company is an Anthracite coal mining and exploration company and plans to mine 1,000 hectares of land. We have expertise in business, mining, and legal with our distinguished board of directors and advisory board. We have amicable relationships with all parties involved in mining in Peru. We are a SEC reporting publicly traded company with the symbol (OTCQB: AEXE).

Forward-Looking Statements and Disclosures:

Certain information set forth in this press release contains “forward-looking statements” and “forward-looking information” under applicable securities laws. Except for statements of historical fact, certain information contained herein constitutes forward-looking statements, which include management’s assessment of future plans and operations and are based on current internal expectations, estimates, projections, assumptions and beliefs, which may prove to be incorrect. Some of the forward-looking statements may be identified by words such as “estimates,” “expects,” “anticipates,” “believes,” “projects,” “plans,” “targets,” and similar expressions. These statements are not guarantees of future performance and undue reliance should not be placed on them. Such forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause AIM’s actual performance and financial results in future periods to differ materially from any projections of future performance or results expressed or implied by such forward-looking statements.

Contact:

AIM Exploration Inc.
J.R. (Bob) Todhunter
Director, President & CEO
www.aimexploration.com

Twitter: www.twitter.com/aexeqb or @aexeqb
Contact: [email protected]
Website: www.aimexploration.com

Image: https://www.accesswire.com/users/newswire/images/451283/d50c58d6-de21-4e26-af6a-15176bd74fce.jpeg

Image: https://www.accesswire.com/users/newswire/images/451283/7db42a0b-ef5e-4530-945f-1074307ff6df.jpeg

References and citations from external sources support this news release:

References #1: https://www.worldcoal.org/
References #2: https://www.searates.com
References #3: https://en.wikipedia.org/wiki/Bulk_carrier
References #4: http://www.sxcoal.com/site/index/en

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Image: https://ci5.googleusercontent.com/proxy/_3XEbJpze-8XSPfz44W6sOseI6slZmQJeFW25tvZLjG6Rb8SiIrdRTt6qx9QaX_wqPaFAbWTGEqttDJsDNDgkNM=s0-d-e1-ft#http://link.newswire.com/7c139d8134ff2a2fc3 Aim Exploration Completes Reports on its Ability to Ship Coal Year

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World Energy Hits a Turning Point: Solar That’s Cheaper Than Wind $HPQ.ca

Posted by AGORACOM-JC at 11:15 AM on Thursday, December 15th, 2016

Transformation is happening in global energy markets thatâ€™s worth noting as 2016 comes to an end:
Solar power, for the first time, is becoming the cheapest form of new electricity.Â

Emerging markets are leapfrogging the developed world thanks to cheap panels.

Tom Randall

December 15, 2016, 1:00 AM ESTÂ December 15, 2016, 1:04 AM EST

AÂ transformation is happening in global energy markets thatâ€™s worth noting as 2016 comes to an end: Solar power, for the first time, is becoming the cheapest form of new electricity.

This has happened inÂ isolated projectsÂ in the past: an especially competitive auction in the Middle East, for example, resulting in record-cheap solar costs. But now unsubsidized solar is beginning to outcompete coal and natural gasÂ on a larger scale, and notably, new solar projects in emerging markets are costing less to build than wind projects, according to fresh data fromÂ Bloomberg New Energy Finance.

The chart below shows the average costÂ of new wind and solar from 58 emerging-market economies, including China, India, and Brazil. While solarÂ was bound to fall belowÂ wind eventually, given itsÂ steeper price declines, few predicted it would happen this soon.1

Disclosed capex for onshore wind and PV projects in 58 non-OECD countries

â€œSolar investment has gone from nothingâ€”literally nothingâ€”like five years ago to quite a lot,â€ said Ethan Zindler, head of U.S. policy analysis at BNEF. â€œA huge part of this story is China, which has been rapidly deploying solarâ€ and helping other countries finance their own projects.

Half the Price of Coal

This year has seen a remarkable run for solar power. Auctions, where private companies competeÂ for massive contracts to provide electricity, established record after record for cheap solar power. It started with a contract in January to produce electricity forÂ $64 per megawatt-hourÂ in India; then a deal in August pegging $29.10 per megawatt hour in Chile. Thatâ€™s record-cheap electricityâ€”roughlyÂ half the priceÂ of competing coal power.

â€œRenewables are robustly entering the era of undercuttingâ€ fossil fuel prices, BNEF chairman Michael Liebreich said in a note to clients this week.

Those are new contracts, but plenty of projects are reaching completion this year, too. When all the 2016 completionsÂ are tallied in coming months, itâ€™s likely that the total amount of solar photovoltaics added globally will exceed that of wind for the first time. TheÂ latest BNEF projectionsÂ call for 70 gigawatts of newly installed solar in 2016 compared with 59 gigawatts of wind.

The overall shift to clean energy can be more expensive in wealthier nations, where electricity demand is flat or falling and new solar must compete with existing billion-dollar coal and gas plants.Â 2Â But in countries that are adding new electricity capacity as quickly as possible, â€œrenewable energy will beat any other technology in most of the world without subsidies,â€ said Liebreich.

Turning Points

The world recentlyÂ passed a turning pointÂ and is adding more capacity for clean energy each year than for coal and natural gas combined.Â Peak fossil-fuel use for electricity may be reachedÂ within the next decade.

Thursdayâ€™s BNEF report,Â called Climatescope, ranks and profiles emerging markets for their ability to attract capital for low-carbon energy projects. The top-scoring markets were China, Chile, Brazil, Uruguay, South Africa, and India.

When it comes to renewable energy investment, emerging markets have taken the lead over the 35 member nations of theÂ Organization for Economic Cooperation &Â Development(OECD), spending $154.1 billion in 2015 compared with $153.7 billion by those wealthier countries, BNEF said. The growth rates of clean-energy deployment are higher in these emerging-market states, so they are likely to remain the clean energy leaders indefinitely, especially now that three-quarters have established clean-energy targets.

Still, the buildup of wind and solar takes time, and fossil fuels remain the cheapest option for when the wind doesnâ€™t blow and the sun doesnâ€™t shine.Â Coal and natural gas will continue to play a key role in the alleviation of energy poverty for millions of people in the years to come.

But for populationsÂ still relying on expensive kerosene generators, or who have no electricity at all, and for those livingÂ in the dangerous smog of thicklyÂ populated cities, the shift to renewables and increasingly to solar canâ€™t come soon enough.

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Soil Survey Results Prompts Claim Block Expansion at Black Rock Desert, Nevada $BFF.ca

Posted by AGORACOM-JC at 9:19 AM on Thursday, December 15th, 2016

Program continued to show strongly anomalous results with 88 samples collected; 73 of them (83%) containing more than 100 ppm Li
Together the combined grids contain 258 samples of which 239 samples (93%) had values of greater than 100 ppm Li. Maximum values ranged up to 520 ppm Li

December 15, 2016 /Â Vancouver, British Columbia- Nevada Energy Metals Inc. “the Company”, TSX-V: BFF (OTCQB: SSMLF) (Frankfurt: A2AFBV)Â andÂ LiCo Energy Metals Inc.Â TSX-V: LIC (OTCQB: WCTXF)Â areÂ pleased to announce that following positive results from an expanded soil sampling program, 71 new placer claims have been added to the Company’s Black Rock Desert Project, Nevada.

Results from the program continued to show strongly anomalous results with 88 samples collected; 73 of them (83%) containing more than 100 ppm Li. Together the combined grids contain 258 samples of which 239 samples (93%) had values of greater than 100 ppm Li. Maximum values ranged up to 520 ppm Li.

These results show that dissolved lithium has been transported into this portion of the Black Rock Desert and is available for potential concentration by evaporative brines. The exploration model for the Black Rock Project is a Clayton Valley evaporative brine deposit as described in USGS Open File Report 2013-1006.

Geochemical sample points were arranged to expand on the original 170-sample grid. Samples were collected on 200 meter intervals along lines spaced 350 meters apart. Samples were collected by a contract crew and transported to the ALS sample preparation lab in Elko, Nevada. Samples were screened to -80 mesh at the ALS prep lab in Reno, Nevada and analyzed by Aqua Regia leach mass spectrometry at the ALS laboratory in North Vancouver, B.C. Canada. QA/QC standards were inserted into the sample stream with one in twenty samples being a standard. All 6 standards in this batch were within 3% of their accepted value of 750 ppm.

About the Blackrock Desert Lithium Project:

The Black Rock Desert Lithium Project now consists of 199 placer claims, (3,980 acres/ 1,610 hectares) located in southwest Black Rock Desert, Washoe County, Nevada. The nearest population center is the town of Gerlach, which lies 177 kilometers north of Reno.

The western arm of the Black Rock Desert covers an area of about 2,000 square kilometers and contains 5 of the 30 currently listed Known Geothermal Resource Areas in Nevada. The property covers an area of playa underlain by a moderately deep basin interpreted from gravity and seismic surveys, indicating a maximum thickness of valley-fill deposits of about 1,200 m/3,600 ft. A high salt content prevents any significant vegetation from growing on the playa surface.

Locally, the basin is being fed in part by boiling springs and siliceous sinter containing strongly anomalous lithium values (up to 3.5 ppm) that flank the property on the west side (U.S. GEOLOGICAL SURVEY Open-File Report 81-918). While these lithium values are well below those of producing lithium brines, they do represent a significant source of metal available for evaporative concentration within the playa basin.

The company plans to carry out additional exploration programs this fall to determine the potential for an economic lithium brine deposit. Future exploration will consist of shallow auger sampling followed by a high resolution geophysical program to define potential drill targets.

Nevada Energy Metals has entered into an agreement where LiCo Energy Metals is able to acquire a 70% interest subject to a 3% NSR royalty in the Black Rock Desert Property. Nevada Energy Metals holds a 100% interest in the property, free of royalty payments.

Qualified Person:Â The technical content of this news release has been reviewed and approved by Alan Morris CPG, Elko, Nevada.

About Nevada Energy Metals:Â http://nevadaenergymetals.com/

Nevada Energy Metals Inc. is a well funded Canadian based exploration company who’s primary listing is on the TSX Venture Exchange. The Company’s main exploration focus is directed at lithium brine targets located in the mining friendly state of Nevada. The Company has 100% ownership in 78 claims inÂ Clayton Valley,Â only 250m from Rockwood Lithium, the only brine based lithium producer in North America (under option to Lithium America who can earn a 70% interest); 100% interest in the 100 claimÂ Teels Marsh WestÂ ProjectÂ covering 2000 acres (809 hectares) in Mineral County, Nevada; 100% interest in theÂ San Emidio DesertÂ ProjectÂ consisting of 155 claims (approximately 3,100 acres/1255 hectares) in Washoe County, Nevada; 100% interest in the 710 claimÂ Dixie Valley ProjectÂ coveringÂ about 5746 hectares (22 square miles)Â of playa and alluvial fan; 100% interest in theÂ BSV Lithium ProjectÂ – 160 claims, with an area of 3,200 acres/1,295 hectares, located in northern Big Smokey Valley, Nye County, Nevada; 100% interest in theÂ Black Rock Desert PropertyÂ – 199 claims (3,980 acres/ 1,610 hectares) located in southwest Black Rock Desert, Washoe County, Nevada (now optioned 70% interest to LiCo Energy Metals Inc.).

On Behalf of the Board of Directors

Rick Wilson, President & 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 contents of this release.

Disclaimer for Forward-Looking Information:

The information discussed in this press release may include “forward looking statements” within the meaning of Section 27A of the Securities Act of 1933 (the “Securities Act”) and Section 21E of the Securities Exchange Act of 1934 (the “Exchange Act”). All statements, other than statements of historical facts, included herein concerning, among other things, planned capital expenditures, future cash flows and borrowings, pursuit of potential acquisition opportunities, our financial position, business strategy and other plans and objectives for future operations, are forward looking statements. These forward looking statements are identified by their use of terms and phrases such as “may,” “expect,” “estimate,” “project,” “plan,” “believe,” “intend,” “achievable,” “anticipate,” “will,” “continue,” “potential,” “should,” “could,” and similar terms and phrases. Although we believe that the expectations reflected in these forward looking statements are reasonable, they do involve certain assumptions, risks and uncertainties and are not (and should not be considered to be) guarantees of future performance. It is important that each person reviewing this release understand the significant risks attendant to the operations of the Company. Nevada Energy Metals Inc. disclaims any obligation to update any forward-looking statement made herein.

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