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Durango Acquires Ground in Labrador Adjacent to Equitas Resources (EQT) with Historic Drill Results of 12.9m of 0.24% Nickel

Posted by AGORACOM-JC at 5:30 PM on Monday, October 5th, 2015
 
 
  • Acquired a 100% interest in 3 claim blocks adjacent to, and near, Equitas Resources Corporations’ (TSX.V-EQT) Labrador Ni/Cu project
  • One claim block is located adjacent to, and to the northwest of, anomaly D of the Equitas Garland property which is located approximately 30km southeast of Vale’s Voisey’s Bay mine

Vancouver, BC / October 5, 2015 – Durango Resources Inc. (the “Company” or “Durango”) is pleased to announce it has acquired a 100% interest in 3 claim blocks adjacent to, and near, Equitas Resources Corporations’ (TSX.V-EQT) Labrador Ni/Cu project.

One claim block is located adjacent to, and to the northwest of, anomaly D of the Equitas Garland property which is located approximately 30km southeast of Vale’s Voisey’s Bay mine. On September 23, 2015 Equitas Resources Corp. announced via www.sedar.com, “Springdale Forest Products has commenced drilling with borehole GP15-001. This NQ borehole is designed to test VTEM Anomaly D, part of a two-kilometre trend of variable conductivity, coincident with a nickel-copper-cobalt lake sediment anomaly and resident in an east-west structure of the Gardar-Voisey’s Bay fault set.”

Two other claim blocks, described below, are approximately 90km to the north of Voisey’s Bay, and have historic work results reported.

E ZONE

One claim block covers the “E” Zone, where National Mineral Inventory Number (NMIN): 14E/01/Ni 002, Record ID Number: 4499, reports wide, deep, intersections of “disseminated to massive sulphide layering” including: drill intersections of 12.9 m of 0.24% Ni, 0.20% Cu, and 0.06% Co, and 54 m of 0.4% Ni, 0.43% Cu and 0.11% Co. It is not stated in the report if the second intersection is continuous like the first one (Canadian States Resources, PR, August 21, 1996). “Generally, the grades are higher than those from the adjacent Cirque (NMI File No. 14E/01/Ni003), although such comparisons may be complicated by differences in averaging techniques (Kerr and Smith, 1997).”

KRINOR

Another claim block covers the occurrence known as “Krinor”, NMIN: 14E/01/Ni 008 Record ID Number: 4511, “The best assay (probably a grab sample) from the property was 1.31% Ni, 0.52% Cu and 0.21% Co (Castle Rock Exploration, PR, October 4, 1995). Geophysical surveys were conducted during the summer of 1996, and diamond drilling commenced in mid-August 1996. According to the NMIN file no information was released at that time concerning drilling results, but three holes intersected sulphide mineralization, over widths up to 14 m. (J. O’Sullivan, personal communication, 1997) (Kerr and Smith, 1997).”

Further due diligence evaluation of historic data, derived mainly from the Voisey’s Bay discovery and subsequent staking rush and exploration follow up by the many companies involved, will be carried out over the next few months.

In consideration for 100% interest in the properties, with no net smelter royalty, the Company will issue one million shares to an arm’s length vendor, subject to TSX Venture Exchange approval. The shares will be subject to a hold period of four months plus one day from the date of issuance.

The technical and scientific data in this news release was approved by Mr. Peter Dimmell, P.Geo. (NL, ON, SK, QC(SP), a qualified person as defined by National Instrument 43-101.

About Durango

Durango is a natural resources company engaged in the acquisition and exploration of mineral properties. The Company has a 100% interest in the Mayner’s Fortune and Smith Island limestone properties in northwest British Columbia, the Decouverte and Trove gold properties in the Abitibi Region of Quebec, and the Buckshot graphite property near the Miller Graphite mine in Quebec.

For further information on Durango, please refer to its SEDAR profile at www.sedar.com.

Marcy Kiesman, Chief Executive Officer

Telephone: 604.428.2900

Facsimile: 888.266.3983

Email: [email protected]

Website: www.durangoresourcesinc.com

Forward-Looking Statements

This document may contain or refer to forward-looking information based on current expectations, including, but not limited to timing of mineral resource estimates, future exploration or project development programs, execution of a definitive agreement, raising of funds, obtaining regulatory approvals and the impact on the Company of these events. Forward-looking information is subject to significant risks and uncertainties, as actual results may differ materially from forecasted results. Forward-looking information is provided as of the date hereof and we assume no responsibility to update or revise them to reflect new events or circumstances. For a detailed list of risks and uncertainties relating to Durango, please refer to the Company’s prospectus filed on its SEDAR profile at www.sedar.com.

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.

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INTERVIEW: Partnership with Pyrogenesis puts Uragold in Position to Turn Quartz Projects into Highest Purity, Lowest Cost Supplier to Solar Industry

Posted by AGORACOM-JC at 10:37 AM on Wednesday, September 30th, 2015

  • Patent Filed
  • Worldwide Exclusive Rights Granted
  • Pilot Plant Already Funded
  • Technology Partner Takes First Royalty Payment In Stock
  • In Position To Become Vertically Integrated Producer Of Solar Grade Silicon Metal & Major Participant In Global Solar Industry

“There is no other way to say it. This technology represents a potential quantum leap forward for the solar panel industry.” (URAGOLD CEO QUOTE)

Watch Interview Now!

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Partnership with Pyrogenesis puts Uragold in Position to Turn Quartz Projects into Highest Purity, Lowest Cost Supplier to Solar Industry

Posted by AGORACOM-JC at 8:38 AM on Wednesday, September 30th, 2015

EXCLUSIVE GLOBAL PARTNERSHIP PUTS URAGOLD IN POSITION TO TURN QUARTZ PROJECTS INTO LOWEST COST SUPPLIER TO SOLAR INDUSTRY

  • Patent Filed
  • Worldwide Exclusive Rights Granted
  • Pilot Plant Already Funded
  • Technology Partner Takes First Royalty Payment In Stock
  • In Position To Become Vertically Integrated Producer Of Solar Grade Silicon Metal & Major Participant In Global Solar Industry

“There is no other way to say it. This technology represents a potential quantum leap forward for the solar panel industry.” (URAGOLD CEO QUOTE)

Montreal, Quebec / September 30, 2015 – Uragold (TSX Venture: UBR), is pleased to announce that it has entered into a Memorandum of Understanding (“MOU”) with, PyroGenesis Canada Inc. (http://pyrogenesis.com) (TSX-V: PYR), a TSX Venture 50(R) clean-tech company (“PyroGenesis”) that designs, develops, manufactures and commercializes plasma torch products. Under the terms of a Memorandum of Understanding (“MOU”), PyroGenesis has granted Uragold a worldwide exclusive right to the usage of the PUREVAP (TM) Quartz Vaporization Reactor technology, in return for 10% of sales, with set minimums, as royalty payments. The exclusivity is limited to the transformation of quartz covered by the provisional patent.

PyroGenesis has filed a provisional patent for a new and novel process for the One Step Production of Metallurgical Grade Silicon Metal (mg Si), Solar Grade Silicon Metal (UMG Si) and Polysilicon from Quartz. The “PUREVAP (TM) Quartz Vaporization Reactor is a proprietary process that uses a plasma arc within a vacuum furnace. This unique technology should allow Uragold to convert its world-class Quartz Projects into the highest purity, lowest cost supplier of Solar Grade Silicon Metal and Polysilicon to the solar industry.

Bernard Tourillon, Chairman and CEO of Uragold stated: “The “PUREVAP (TM) Quartz Vaporization Reactor is based on strong scientific basis. The literature is very clear; A Plasma arc base process can transform High Purity Quartz into Metallurgical Grade Silicon Metal. In addition, the literature also validates the fact that Plasma arc base process can be used to purify Metallurgical Grade Silicon Metal into higher value materials such as Solar Grade Silicon Metal. What is unique and ground breaking about the PyroGenesis approach is the combination of these two proven processes into one step.”

Metallurgical testing and validation, which has already been funded and scheduled, are expected to be completed by Q1 2016.

GLOBAL COMPETITIVE ADVANTAGE FOR URAGOLD, QUANTUM LEAP FOR SOLAR INDUSTRY

Bernard Tourillon, Chairman and CEO of Uragold further stated, “The filing of the provisional patent combined with our Memorandum of Understanding (“MOU”) with PyroGenesis gives Uragold a unique competitive advantage versus all others quartz exploration ventures and will allow Uragold to go much higher in the High Purity Quartz value chain by becoming a vertically integrated silicon metal, solar grade silicon metal and polysilicon producer and becoming a major participant in the global solar industry. There is no other way to say it; this technology represents a potential quantum leap forward for the solar panel industry becoming a more competitive source of renewable energy.”

$USD 12 BILLION ANNUAL INDUSTRY, GROWING BY 6%+ PER YEAR

The Silicon Metal, Solar Grade Silicon Metal and Polysilicon markets are a $USD 12 billion a year industry. Metallurgical Grade Silicon Metal world consumption topped 2.25Mt in 2014, exceeding $US 6 billion in sales1. About 10% of 2014 global Metallurgical Grade Silicon Metal production was further refined into Solar Grade Silicon Metal and Polysilicon, worth another $US 6 billion. Propelled by increased demand for Solar Grade Silicon Metal and Polysilicon for photovoltaic solar panels, global Silicon Metal demand is expected to grow by 6%+ per Annum.

A DISRUPTIVE TECHNOLOGY – FOR MAKING SILICON METAL

Quartz may well be the second most abundant element in the earth’s crust, High Purity Quartz deposits that can be used to make Metallurgical Grade Silicon Metal using the traditional arc furnace approach are rare, since in addition to being resistant to thermal shocks, the quartz must meet the following minimum SiO2 quality and maximum impurity levels:


Click Image To View Full Size

The PUREVAP (TM) quartz vaporization reactor should allow manufacturing of Metallurgical Grade Silicon Metal using raw Quartz, from either Quartzsite and Quartz veins type deposits, with lower SiO2, higher impurity levels and lower resistance to thermal shock then the maximum threshold allowed by traditional manufacturing process, thereby allowing the transformation of material presently only good to manufacture either Frac sand, quartz counter tops or Ferrosilicium into Metallurgical Grade Silicon Metal and, potentially, Solar Grade Silicon Metal and Polysilicon.

Presently, Metallurgical Grade Silicon Metal at 98.5% purity sells for $USD 2,750 per Mt2. However, costs to manufacture it range between $USD 1,750 – 2,250 per Mt due to intensive capital and energy costs3. After Q2 2016, Uragold will provide the marketplace with its cash costs estimates under our new process.

A DISRUPTIVE TECHNOLOGY FOR SOLAR GRADE Si AND POLYSILICON MANUFACTURING

Metallurgical Grade Silicon Metals (98.5% purity) is the raw material used to make Solar Grade Silicon Metal (6N to 8N purity) and Polysilicon (9N Purity). Under current methods, refining Metallurgical Grade Silicon Metal to Solar Grade Silicon Metal and Polysilicon is a capital intensive, environmentally unfriendly and very energy demanding process, with best in class cash cost ranging between $USD 10,000 to 13,000 per Mt4.

The average Capital investment required to build a new 16,000 MT per year plant to make Solar Grade Silicon Metal and Polysilicon is between $USD 900M and $USD 1B 5. After Q2 2016, Uragold will provide the marketplace with its capital costs estimates for our new process.

Solar Grade Silicon (6N to 8N purity) presently sells for $USD 12.81 per Kg ($USD 12,810 per Mt), while Polysilicon (9N Purity) sells for $USD 14.86 per Kg ($USD 14,860 per Mt)6. After Q2 2016, Uragold will provide the marketplace with its cash costs estimates under our new process.

The PUREVAP (TM) quartz vaporization reactor distributive potential advantages is its one step direct transformation of Quartz into Solar Grade Silicon and/or Polysilicon, thereby potentially allowing Uragold to manufacture high value material (Solar Grade Silicon and Polysilicon) for the same operating cost presently being paid by traditional producers to make Metallurgical Grade Silicon using the traditional arc furnace approach.

Patrick Levasseur, President and COO of Uragold concluded, “The interest we are receiving from global silicon metal producers for our quartz demonstrates the exceptional quality of the Roncevaux quartz and the lack of supply of High Purity Quartz. When combining our technology partnership and our properties portfolio, we are well positioned to determining the full potential of our industry leading quartz.”

MOU BETWEEN PYROGENESIS AND URAGOLD

Salient points of the MOU, Including final terms agreed on September 28, 2015 are:

  • -Uragold paid $207,000 to PyroGenesis for a series of metallurgical test of our quartz, including material not suitable to produce Silicon metal using the traditional approach.-PyroGenesis has granted Uragold a worldwide exclusive right to the usage of the PUREVAP (TM) Quartz Vaporization Reactor technology in return for 10% of sales royalty payments
    • -In order to maintain its Exclusive Global Right, Uragold will need to make the following minimal payments to PyroGenesis:
      • -For 2016, the greater of 10% of Uragold sales of Si or $50,000 CAD;-For 2017, the greater of 10% of Uragold sales of Si or $100,000 CAD;-For 2018, the greater of 10% of Uragold sales of Si or $150,000 CAD;-For 2019 and beyond, the greater of 10% of Uragold sales of Si or $200,000 CAD per annum;

      -The Parties have agreed that the 2016 payment will be made immediately through the issuance of 1,000,000 Unit of Uragold Capital. Each Unit will be comprised of one (1) common share and one (1) common share purchase warrant (“Warrant”) of Uragold. Each Warrant will entitle the holder thereof to purchase one common share of the capital stock of Uragold at an exercise price of $ 0.07 during a period of 36 months from the date of the issuance of the Units. Each Unit issued pursuant to this agreement will have a mandatory four (4) month holding period from the date of the issuance of the Units. The Unit issuance is subject to standard regulatory approvals.

About Uragold

Uragold, with is world wide exclusive usage of the PUREVAP (TM) quartz vaporization reactor, is endeavouring to become a vertically integrated Silicon Metal, Solar Grade Silicon Metal and Polysilicon producer.

Uragold is also the largest holder of High Purity Quartz properties in Quebec, with over 3,500 Ha under claims. Despite the abundance of quartz, very few deposits are suitable for high purity applications. High Purity Quartz supplies are tightening, prices are rising, and exponential growth is forecasted. Quartz from the Roncevaux property successfully passed rigorous testing protocols of a major silicon metal producer confirming that our material is highly suited for their silicon metal production.

About PyroGenesis Canada Inc.

PyroGenesis is a publicly traded Canadian company on the TSX Venture Exchange (Ticker Symbol: PYR). For more information, please visit www.pyrogenesis.com

This press release contains certain forward-looking statements, including, without limitation, statements containing the words “may”, “plan”, “will”, “estimate”, “continue”, “anticipate”, “intend”, “expect”, “in the process” and other similar expressions which constitute “forward-looking information” within the meaning of applicable securities laws. Forward-looking statements reflect the Company’s current expectation and assumptions, and are subject to a number of risks and uncertainties that could cause actual results to differ materially from those anticipated. These forward-looking statements involve risks and uncertainties including, but not limited to, our expectations regarding the acceptance of our products by the market, our strategy to develop new products and enhance the capabilities of existing products, our strategy with respect to research and development, the impact of competitive products and pricing, new product development, and uncertainties related to the regulatory approval process. Such statements reflect the current views of the Company with respect to future events and are subject to certain risks and uncertainties and other risks detailed from time-to-time in the Company’s on-going filings with the securities regulatory authorities, which filings can be found at www.sedar.com. Actual results, events, and performance may differ materially. Readers are cautioned not to place undue reliance on these forward-looking statements. The Company undertakes no obligation to publicly update or revise any forward-looking statements either as a result of new information, future events or otherwise, except as required by applicable securities laws.

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

For further information contact

Bernard J. Tourillon, Chairman and CEO

Tel (514) 907-1011
Patrick Levasseur, President and COO

Tel: (514) 262-9239
www.uragold.com

1 Roskill: Silicon and Ferrosilicon: Global Industry Markets & Outlook report (2014)

2 http://www.metalprices.com/p/SiliconFreeChart

3 Globe Specialty Metals Investor_Presentation_June_2012

4 Polysilicon 2012-2016: Supply, Demand & Implications for the Global PV Industry GTMResearch.com

5 http://fortune.com/2015/09/16/solar-startup-iceland-factory/

6 http://pvinsights.com/

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CLIENT FEATURE: Durango Resources (DGO: TSX:V) Capitalizing on the Future of LNG

Posted by AGORACOM-JC at 4:57 PM on Friday, September 25th, 2015

Recent Highlights

  • Acquired two limestone properties in north western British Columbia which have been strategically chosen in an effort to coincide with the LNG projects near Kitimat and Prince Rupert.
  • Both the Mayner’s Fortune property and the Smith Island property have historical occurrences of limestone which will fast track the exploration to production timeline since they are near term producing properties.
  • Mayner’s Fortune property is located 50km away via CN Rail line from the Kitimat Shell Consortium LNG proposed site and hosts a series of 6 north east striking limestone beds which have been reported to be grades as high as 96%.
  • Historical workings have indicated a preliminary 454,000 tonnes of limestone in the first limestone bed nearest to the rail road. The Company has been contacted by CN Rail and they look forward to working with Durango to help move the project forward.

PROJECTS

 

Decouverte (Discovery) property

  • Over 51km(2), is located 100km north of Chibougamau in the Frotet – Evans greenstone belt.
  • Company carried out a 439 line kilometer helicopter borne DIGHEM EM/magnetic airborne geophysical survey on the property in 2011 (NR Nov 24, 2011).
  • Property benefits from very favorable infrastructure including road accessibility (within 10km of Route du Nord and a myriad of logging roads), and a power line which bisects the property.
  • Mineralized target area is located to the east of Lac Pasquale and consists of two significant aero-magnetic anomalies, with some electromagnetic coincidence possibly associated with linear structural features, in the Frotet-Evans greenstone belt

Robert Creek Property

  • 1,222 hectares located near the Alberta / Saskatchewan border.
  • Company holds a 100% interest in a property in the emerging, southwest portion, of the Athabasca Basin in Saskatchewan adjacent to NexGen Energy Ltd. (TSX.V-NXE).
  • Athabasca Basin proving to the world to be a premier uranium district with average grades that are ten times greater than elsewhere in the world, highly skilled labour and infrastructure in place for milling and transport.
  • Historical GSC lake sediment values of 1.6 ppm, 1.2 ppm and 0.8 ppm uranium were reported with two samples only one kilometre apart. developing a major uranium deposit, was 3.5 ppm uranium as reported in the news release on April 12, 2010.

Trove, Quebec

  • 100% interest in a 1,500 hectare property located approximately 15km to the southwest of Eagle Hill’s (EAG – TSX.V) Windfall Lake Gold Property.
  • Eagle Hill has completed over 330 diamond drill holes with results as high as 52.3 oz/t over 4.8 metres.
  • 2010 summer drill program hit wide gold mineralization showing 14.51 g/t gold over 52.0 metres (hole EAG 10-196) and 3.35 g/t of gold over 24.6 metres (hole EAG 10-238).

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Canadian rare earth elements miners band together for survival in pricing downturn

Posted by AGORACOM-JC at 12:48 PM on Thursday, September 17th, 2015

  • China is the world’s major supplier of rare earth elements, prized for their unique properties — including powerful magnetic fields — and used in high-tech goods such as smartphones, laptops and electric cars.
  • Ian London, who heads the Canadian Rare Earth Elements Network, said companies are instead working together to develop new methods for extracting and refining the 17 metals that make up the rare earth group.

TORONTO — Experts say government support for research and development of Canada’s rare earth elements has encouraged new co-operation in the usually dog-eat-dog world of junior mining companies.

China is the world’s major supplier of rare earth elements, prized for their unique properties — including powerful magnetic fields — and used in high-tech goods such as smartphones, laptops and electric cars.

Prices rose dramatically in 2011, and by 2013 there were at least 11 Canadian projects at the advanced exploration stage before a steep slide in value put a halt on development.

Ian London, who heads the Canadian Rare Earth Elements Network, said companies are instead working together to develop new methods for extracting and refining the 17 metals that make up the rare earth group.

“Now that there has been a lull that’s gone on for a little while, folks have become much more realistic and are looking to address those challenges,” he said.

In the 2015 budget, the federal government promised to allocate $23 million over the next five years on top of money it has already invested to help companies work together to address the technical challenges of mining rare earth elements.

London said the money and leadership from Natural Resources Canada has helped the companies work together.

“There are a number of challenges faced by each of the developing companies, and this funding has encouraged them to collaborate and solve them,” London said.

Rare earth elements mining projects have been proposed in Ontario, Quebec, Saskatchewan, Labrador and the Northwest Territories.

The elements are called rare not because of scarcity but because they are not found in high concentrations, and are usually dispersed throughout an ore deposit.

Prices for the rare earth elements — the lanthanides, with atomic numbers 57 through 71, as well as scandium and yttrium — reached a peak in 2011 as demand for high-tech devices looked set to explode.

Control over rare-earth elements even became a plot point in the blockbuster video game Call of Duty: Black Ops II.

Yet headlines and heady prices led to oversupply, and prices have crashed. Europium saw some of the biggest swings of the rare earths, going from around US$600 per kilogram for much of 2010 to a peak above $4,200 in the second half of 2011 before falling back below $200 this year.

The downturn in rare earth prices has already resulted in the bankruptcy of Molycorp Inc., one of the largest producers outside of China, and Australian rare earths miner Lynas is struggling to stay afloat as its stock price has fallen more than 98 per cent since 2011.

Gareth Hatch, who founded Toronto-based processor Innovation Metals Corp. in 2011, said mining rare earth minerals has many challenges.

Many of the minerals that contain the elements in Canada have never been used for commercial production, he said, and separating the chemically similar elements from one another during the refining process can be costly in order for processors to avoid significant environmental impacts.

“There are different challenges along the way as you go from a rock to a high-purity valuable technology metal,” he said.

Government funding and co-ordination will be critical to turning the existing research into commercially viable products, Hatch said.

Boyd Davis, a principal at research laboratory Kingston Process Metallurgy, said that companies need to work together to identify the best practices for mining Canadian rare earth deposits because they differ significantly from those in other countries.

“For one group to do it on its own is difficult,” he said. “You end up needing a Canadian solution, not just because you’re patriotic but because you have a different situation.”

Davis said junior mining companies are usually very competitive, and the government’s work in the rare earths sector together was necessary to get them to work together.

“Animals only get together at an oasis, they don’t get together in the middle of the desert,” he said.

Source: http://www.ctvnews.ca/business/canadian-rare-earth-elements-miners-band-together-for-survival-in-pricing-downturn-1.2566604

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Almost a Perfect Battery?

Posted by AGORACOM-JC at 12:43 PM on Thursday, September 17th, 2015

I can’t attest to the headline “Almost a Perfect Battery” claimed by a team of researchers at MIT, but they reported that they have developed a solid-state electrolyte, which can greatly boost modern battery technology. The researchers claim that the new design will allow batteries to endure hundreds of thousands of recharges, pack more juice and be safe from combustion. The research was published in Nature Materials (published August 17, 2015).

Now researchers at MIT’s Advanced Institute of Technology in Cambridge, Massachusetts and Korean consumer electronic producer Samsung have collaborated in developing a new approach to one of the three basic components of batteries: the electrolyte, which transports charged ions from one electrode to another during charging and discharging. Modern lithium-ion batteries use liquid electrolyte, but the MIT group have developed a better all-round solid-state electrolyte. Their invention belongs to a class of materials known as superionic lithium-ion conductors, which are compounds of lithium, germanium, phosphorus and sulfur.

Sourced from Cdn.rt.com
Sourced from Cdn.rt.com

The new solid electrolyte can withstand hundreds of thousands of recharge cycles, meaning a battery made with it would last practically forever. It has superior energy density, packing 20 to 30 percent more energy for a given volume. It is also more stable than a liquid electrolyte, meaning the rare (but widely publicized) cases of battery combustion would no longer be possible. This solid-state electrolyte also has other, unexpected benefits: while conventional lithium-ion batteries do not perform well in extreme cold, and need to be preheated at temperatures below roughly minus 30 degrees Celsius, the solid-electrolyte versions can still function at those frigid temperatures.

The paper in Nature Materials describes a new approach to the development of solid-state electrolytes that simultaneously addresses the greatest challenges associated with improving lithium-ion batteries. The key to making this feasible was finding solid materials that could conduct ions fast enough to be useful in a battery. Apparently, there was a view that solids cannot conduct fast enough, however the research team has dispelled that paradigm. The research team was able to analyze the factors that make for efficient ion conduction in solids, and hone in on compounds that showed the right characteristics.

The team says the principles derived from their research could lead to even more effective materials. So again we see that Rare Metals – the likes of lithium and germanium – Matter.

Until soon… Ian

Source: http://raremetalsmatter.com/almost-a-perfect-battery/

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AGORACOM Welcomes Durango Resources (DGO: TSX-V) Capitalizing on the Future of LNG

Posted by AGORACOM-JC at 2:28 PM on Wednesday, September 16th, 2015

Recent Highlights

 

  • Acquired two limestone properties in north western British Columbia which have been strategically chosen in an effort to coincide with the LNG projects near Kitimat and Prince Rupert.
  • Both the Mayner’s Fortune property and the Smith Island property have historical occurrences of limestone which will fast track the exploration to production timeline since they are near term producing properties.
  • Mayner’s Fortune property is located 50km away via CN Rail line from the Kitimat Shell Consortium LNG proposed site and hosts a series of 6 north east striking limestone beds which have been reported to be grades as high as 96%.
  • Historical workings have indicated a preliminary 454,000 tonnes of limestone in the first limestone bed nearest to the rail road. The Company has been contacted by CN Rail and they look forward to working with Durango to help move the project forward.

PROJECTS

Decouverte (Discovery) property

  • Over 51km(2), is located 100km north of Chibougamau in the Frotet – Evans greenstone belt.
  • Company carried out a 439 line kilometer helicopter borne DIGHEM EM/magnetic airborne geophysical survey on the property in 2011 (NR Nov 24, 2011).
  • Property benefits from very favorable infrastructure including road accessibility (within 10km of Route du Nord and a myriad of logging roads), and a power line which bisects the property.
  • Mineralized target area is located to the east of Lac Pasquale and consists of two significant aero-magnetic anomalies, with some electromagnetic coincidence possibly associated with linear structural features, in the Frotet-Evans greenstone belt

Robert Creek Property

  • 1,222 hectares located near the Alberta / Saskatchewan border.
  • Company holds a 100% interest in a property in the emerging, southwest portion, of the Athabasca Basin in Saskatchewan adjacent to NexGen Energy Ltd. (TSX.V-NXE).
  • Athabasca Basin proving to the world to be a premier uranium district with average grades that are ten times greater than elsewhere in the world, highly skilled labour and infrastructure in place for milling and transport.
  • Historical GSC lake sediment values of 1.6 ppm, 1.2 ppm and 0.8 ppm uranium were reported with two samples only one kilometre apart. developing a major uranium deposit, was 3.5 ppm uranium as reported in the news release on April 12, 2010.

Trove, Quebec

  • 100% interest in a 1,500 hectare property located approximately 15km to the southwest of Eagle Hill’s (EAG – TSX.V) Windfall Lake Gold Property.
  • Eagle Hill has completed over 330 diamond drill holes with results as high as 52.3 oz/t over 4.8 metres.
  • 2010 summer drill program hit wide gold mineralization showing 14.51 g/t gold over 52.0 metres (hole EAG 10-196) and 3.35 g/t of gold over 24.6 metres (hole EAG 10-238).

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DuSolo Acquires New High-Grade Phosphate Project

Posted by AGORACOM-JC at 5:49 PM on Wednesday, September 9th, 2015

  • Entered into an agreement with Mineração Batalha e Participações Ltda. to acquire the São Roque Phosphate Project in southeast Brazil
  • At surface, high-grade phosphate mineralization has been identified with multiple grab samples from outcrops confirming >20% P2O5.
  • Geophysics anomalies very well defined and confirmed by surface sampling.

VANCOUVER, BRITISH COLUMBIA–(Sept. 9, 2015) – DuSolo Fertilizers Inc., (TSX VENTURE:DSF) (“DuSolo” or “the Company”) is pleased to announce that it has entered into an agreement (“the Agreement“) with Mineração Batalha e Participações Ltda. (“the JV Partner“) to acquire the São Roque Phosphate Project (“São Roque” or “the Project”) in southeast Brazil. The Project’s highlights include:

  • Located within the agribusiness region of Minas Gerais and São Paulo states, with many coffee, orange and sugar-cane (ethanol) plantations in the surrounding area.
  • At surface, high-grade phosphate mineralization has been identified with multiple grab samples from outcrops confirming >20% P2O5.
  • Geophysics anomalies very well defined and confirmed by surface sampling.
  • Close proximity to infrastructure, including roads, rail, water and power, and existing fertilizer producers. City of Piumhi is 40 km from the Project.
  • 70% interest earned through commitment to invest in exploration and project development. No direct payment to JV Partner.

“São Roque is an excellent addition to the Company’s portfolio of projects. With this acquisition, DuSolo has phosphate assets throughout the Cerrado, one of the world’s fastest growing agricultural regions,” said Darren Bowden, Chief Executive Officer. “Despite the current downturn in Brazilian fertilizer demand, the Company remains optimistic about demand recovering in the mid to long term and therefore continues to pursue its expansion strategy within Brazil.”

Under the terms of the Agreement, DuSolo will carry out an estimated C$100,000 drill program in lieu of payment to the JV Partner. The Company will drill a minimum of 200 meters to test the thickness and extension of the mineralized profile. Contingent upon receipt of positive results, the parties will then form a partnership with participation interest allocated at 70% to DuSolo and 30% to the JV Partner. The newly formed partnership will carry out an exploration program aimed at defining a resource that can be added to DuSolo’s future development pipeline. The cost of exploration will be funded in full by DuSolo, while any future production costs will be distributed amongst the partners in accordance with their participation interest. At any given time, DuSolo can choose to end the partnership or alternatively, exercise a call option to acquire the remaining 30% for a cash payment of US$3 million.

ABOUT DUSOLO

DuSolo Fertilizers Inc. is focused on developing a fully integrated process to produce phosphate based fertilizers within the Cerrado region of Brazil as part of a nationwide effort, incentivized by the government, to increase supply of domestically sourced fertilizers and achieve agricultural self sufficiency.

On behalf of DuSolo Fertilizers Inc.

Darren Bowden, Chief Executive Officer

Forward-looking statements

Certain information contained in this press release constitutes “forward-looking information”, within the meaning of Canadian legislation. Generally, these forward-looking statements can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or statements that certain actions, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur”, “be achieved” or “has the potential to”. Forward looking statements contained in this press release may include statements regarding the future operating or financial performance of DuSolo which involve known and unknown risks and uncertainties which may not prove to be accurate. Actual results and outcomes may differ materially from what is expressed or forecasted in these forward-looking statements. Such statements are qualified in their entirety by the inherent risks and uncertainties surrounding future expectations. Among those factors which could cause actual results to differ materially are the following: market conditions and other risk factors listed from time to time in our reports filed with Canadian securities regulators on SEDAR at www.sedar.com. The forward-looking statements included in this press release are made as of the date of this press release and DuSolo disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable securities legislation.

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

DuSolo Fertilizers Inc.
[email protected]
(604) 331-9853
www.DuSolo.com

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CLIENT FEATURE: Dusolo (DSF: TSX-V) Capitalizing on Brazil’s Growing Demand for Fertilizer

Posted by AGORACOM-JC at 1:58 PM on Wednesday, September 9th, 2015

BY BEING A DOMESTIC FERTILIZER PRODUCER, DUSOLO IS ABLE TO OFFER A PREMIUM PRODUCT AT A SIGNIFICANTLY LOWER COST

  • Direct Application Natural Fertilizer (DANF) product is in demand in the region
  • Flagship asset, the Bomfim Project, is 100% owned and located in one of the world’s fastest growing agrarian regions
  • Bomfim Processing Plant operating at full capacity
  • On track to produce at least ~100,000 tonnes of DANF in 2015
  • Sales contracts in place for 2015 planting season: 81,100 tonnes for ~C$8.5 million
  • Starting to generate revenue

MANY NEAR TERM CATALYSTS EXPECTED

  • Entering into additional DANF product sales contracts
  • Doubling capacity at our processing facility to 160,000 tonnes per year
  • Updating the National Instrument 43-101 Resource Estimate to include results from the 2015 drill campaign – Recent drill results confirm presence of additional high-grade phosphate mineralization beyond areas identified in initial resource estimate
  • Third Party Economic Evaluation of Operations Planned for 2015
  • Strong Financial Backing

Company entered into an agreement with Mineração Batalha e Participações Ltda. to acquire the São Roque Phosphate Project in southeast Brazil.

The Project’s highlights include:

  • Located within the agribusiness region of Minas Gerais and São Paulo states, with many coffee, orange and sugar-cane (ethanol) plantations in the surrounding area.
  • At surface, high-grade phosphate mineralization has been identified with multiple grab samples from outcrops confirming >20% P2O5.
  • Geophysics anomalies very well defined and confirmed by surface sampling.
  • Close proximity to infrastructure, including roads, rail, water and power, and existing fertilizer producers. City of Piumhi is 40 km from the Project.
  • 70% interest earned through commitment to invest in exploration and project development. No direct payment to JV Partner.

BRAZIL’S DOMESTIC FERTILIZER SUPPLY DOES NOT MEET CURRENT DEMANDS

  • World’s largest exporter of sugar, coffee and orange juice and the 2nd largest in soybean exports
  • Brazil imports more than 50% of phosphate fertilizers used overseas
  • Significant transportation and logistic-related costs are added to imported fertilizers
  • DuSolo’s is increasing the supply of domestically produced fertilizers
  • Helping the country achieve agricultural self-sufficiency

FLAGSHIP ASSET LOCATED IN ONE OF THE WORLD’S LARGEST AGRICULTURAL REGIONS

  • The Cerrado region is home to one of the largest arable landmasses in the world
  • Majority of future increases in global food production is expected to come from this region
  • The tropical rains in the Cerrado wash away nutrients, leaving the soil poor for farming and needing to be fertilized frequently
  • Cerrado is land locked, therefore making fertilizer imports very expensive

 

STRONG DEMAND FOR DANF EXISTS IN THE REGION

Within a 500 km radius of DuSolo’s processing facility:

  • 1.2 million tonnes of phosrock is being consumed every year
  • 585 farms and agricultural centres exist
  • DANF consumption is growing at a compound annual growth rate of 6%
  • No domestic production

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DuSolo Announces Fiscal 2015 Third Quarter Results

Posted by AGORACOM-JC at 10:00 PM on Monday, August 31st, 2015

  • Three months ended June 30, 2015, DuSolo produced 7,756 tonnes of Direct Application Natural Fertilizer product of varying grades. For the nine month period ended June 30 2015, the Company produced 11,164 tonnes of DANF product of varying grades
  • Three month period ended June 30, 2015, the Company sold 3,462 tonnes of DANF product of varying grades. For the nine month period ended June 30, 2015, 4,155 tonnes of DANF of varying grades was sold

VANCOUVER, BRITISH COLUMBIA–(Aug. 31, 2015) – DuSolo Fertilizers Inc. (TSX VENTURE:DSF)(OTC PINK:ELGSF)(FRANKFURT:E6R) (“DuSolo” or “the Company”) is pleased to announce its production, sales and financial results for the third quarter of fiscal 2015.

For the three months ended June 30, 2015, DuSolo produced 7,756 tonnes of Direct Application Natural Fertilizer (“DANF”) product of varying grades. For the nine month period ended June 30 2015, the Company produced 11,164 tonnes of DANF product of varying grades.

During the three month period ended June 30, 2015, the Company sold 3,462 tonnes of DANF product of varying grades. For the nine month period ended June 30, 2015, 4,155 tonnes of DANF of varying grades was sold.

Revenue for the three and nine month periods ending June 30, 2015 are $365,528 and $476,295, respectively. Gross profit for the same time periods are $144,661 and $200,044, respectively. Net loss for the three month period ended June 30, 2015 is $632,807 and net loss for the nine month period ended June 30, 2015 is $2,796,053. This translates to a loss per common share (basic and diluted) of $0.01 for the three month period ended June 30, 2015, and a loss per common share (basic and diluted) of $0.02 for the nine month period ended June 30, 2015.

The Company’s cash position as at June 30, 2015 was $659,339 (including $92,341 that was restricted). Working capital as of June 30, 2015 was $154,835.

“The Company remains focused on growing its operations and optimizing its production processes to become a Brazilian fertilizer producer,” said Darren Bowden, Chief Executive Officer. “Current Brazilian phosphate production does not meet domestic demand, and this shortfall is expected to continue in the coming years. DuSolo is uniquely positioned to capitalize on this and participate in this market.”

For more information, please refer to the management discussion and analysis and financial statements filed on SEDAR at www.sedar.com.

On behalf of DuSolo Fertilizers Inc.

Darren Bowden, Chief Executive Officer

Forward-looking statements

Certain information contained in this press release constitutes “forward-looking information”, within the meaning of Canadian legislation. Generally, these forward-looking statements can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or statements that certain actions, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur”, “be achieved” or “has the potential to”. Forward looking statements contained in this press release may include statements regarding the future operating or financial performance of DuSolo which involve known and unknown risks and uncertainties which may not prove to be accurate. Actual results and outcomes may differ materially from what is expressed or forecasted in these forward-looking statements. Such statements are qualified in their entirety by the inherent risks and uncertainties surrounding future expectations. Among those factors which could cause actual results to differ materially are the following: market conditions and other risk factors listed from time to time in our reports filed with Canadian securities regulators on SEDAR at www.sedar.com. The forward-looking statements included in this press release are made as of the date of this press release and DuSolo disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable securities legislation.

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

DuSolo Fertilizers Inc.
[email protected]
(604) 331-9853
www.dusolo.com

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