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Liberty Star’s Hay Mountain Project Plan of Operation Approved by Arizona State Land Department

Posted by AGORACOM-JC at 9:07 AM on Thursday, March 17th, 2016

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  • Announce that the Arizona State Land Department (“ASLD”) has notified Liberty Star that the Company’s Exploration Plan of Operation (“EPO”) for the Hay Mountain Project is approved
  • Approval of the EPO is for Mineral Exploration Permits (MEPs)

TUCSON, AZ–(March 17, 2016) – Liberty Star Uranium & Metals Corp. (“Liberty Star” or the “Company”) (OTCBB: LBSR) (OTC PINK: LBSR) is pleased to announce that the Arizona State Land Department (“ASLD”) has notified Liberty Star that the Company’s Exploration Plan of Operation (“EPO”) for the Hay Mountain Project is approved. The approval of the EPO is for Mineral Exploration Permits (MEPs) held by Liberty Star in the Hay Mountain Project Area (southeast of Tombstone) for the period January 26, 2016 to September 29, 2016.

The ASLD concluded a lengthy review of the Company’s EPO, which included submission of detailed transportation site access procedures, multiple cultural resources and vegetation surveys, drilling plans for multiple targets, and a project completion program. Additionally, Liberty Star was required to pay plant/vegetation restoration fees prior to ASLD approval.

James Briscoe, Liberty Star’s CEO/Chief Geologist, commented, “The approval of the Exploration Plan of Operation is an important early milestone in what we believe will be the development of another important porphyry copper and associated metals center in southeast Arizona. This ASLD action is the culmination of four years of hard work and scientific inquiry, which will lead to more of both in the coming months and years. While we continue to refine the sequence of drilling of the permitted drill holes, we are gratified knowing that we can proceed with actual drilling as soon as funds are raised. Additionally, we plan to permit drill holes on BLM (US Bureau of Land Management) administered land, which we believe to be a straight forward process, and positioning drill holes on Patented (Fee Simple) lands which are also part of the Hay Mountain target. On that front, we continue to work diligently to fund Phase 1 plans and lay the foundation for ongoing exploration and development work at the Hay Mountain Project.”

“James A. Briscoe” James A. Briscoe, Professional Geologist, AZ CA
CEO/Chief Geologist
Liberty Star Uranium & Metals Corp.

About Liberty Star

Liberty Star is an Arizona-based mineral exploration company engaged in the acquisition, exploration, and development of mineral properties in Arizona and the southwest USA. Currently, the Company controls properties which are located over what management considers some of North America’s richest mineralized regions for copper, gold, silver, molybdenum (moly), and uranium.

Forward Looking Statements

This press release may contain “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934. “Forward-looking statements” describe future expectations, plans, results, or strategies and are generally preceded by words such as “may,” “future,” “plan” or “planned,” “will” or “should,” “expected,” “anticipates,” “draft,” “eventually” or “projected.” You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in the Company’s Registration Statement on Form S-1 filed on February 24, 2016 and other filings made by the Company with the U.S. Securities and Exchange Commission.

Follow Liberty Star Uranium & Metals Corp. on Agoracom, Facebook , LinkedIn & Twitter@LibertyStarLBSR

View the Hay Mountain Phase 1 Presentation at LibertyStarUranium.com

Contact:
Agoracom Investor Relations
[email protected]
http://agoracom.com/ir/libertystar
or
Liberty Star Uranium & Metals Corp.
Tracy Myers
520-425-1433
Investor Relations
[email protected]

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Durango Renews Trove Property Neighbouring Oban Mining at Windfall Lake

Posted by AGORACOM-JC at 2:04 PM on Wednesday, March 16th, 2016

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  • Renewed the Trove claims situated in the Windfall Lake are of the Urban-Barry greenstone belt in Quebec
  • Twenty one (21) claims and 1,176 hectares border both Oban Mining Corporation (TSX-OBM) and Beaufield Resources Inc. (TSX.V-BFD) in Quebec

Vancouver, BC / March 16, 2016 – Durango Resources Inc. (the “Company” or “Durango”) announces that it has renewed the Trove claims situated in the Windfall Lake are of the Urban-Barry greenstone belt in Quebec. The Trove property is located ninety kilometers east of the town of Lebel-sur-Quevillon and about 100km southwest of Chibougamau. The twenty one (21) claims and 1,176 hectares border both Oban Mining Corporation (TSX-OBM) and Beaufield Resources Inc. (TSX.V-BFD) in Quebec.

Marcy Kiesman, CEO stated, “The Trove property area is particularly interesting since it has a high potential for gold in fault-controlled and gold-bearing bodies along the major deformation zones which is why Durango has maintained the property. Previous exploration on the Trove has shown anomalous gold and zinc results along the contact of the Barry fault. With Oban Mining’s increased activity and land position in the Windfall Lake area, I am pleased Durango continues to hold the Trove property.”

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, Trove and Allegiant gold properties in Quebec, and the NMX East lithium property near the Whabouchi mine in Quebec, as well as three sets of claims in the Labrador nickel corridor.

DURANGO RENOUVELLE Trove PROPRIETE VOISINS OBAN MINING AT WINDFALL LAKE

Vancouver, BC / TheNewswire / 16 Mars 2016 – Ressources Durango Inc. (la “Societe” ou “Durango”) annonce qu’elle a renouvele les demandes de Trove situees dans le lac Windfall sont de la ceinture de roches vertes d’Urban-Barry au Quebec. La propriete Trove se trouve quatre-vingt kilometres a l’est de la ville de Lebel-sur-Quevillon et a environ 100 km sud-ouest de Chibougamau. La vingt et un (21) revendications et 1,176 hectares frontiere a la fois Oban Mining Corporation (TSX-OBM) et Ressources Beaufield Inc. (TSX.V-BFD) au Quebec.

CEO, Marcy Kiesman a declare, “La zone Trove est particulierement interessante car elle a un fort potentiel pour l’or dans les organes de defaut controles et auriferes le long des principales zones de deformation qui est pourquoi Durango a maintenu la propriete. Exploration precedente sur le Trove a montre l’or et de zinc ainsi que des resultats anormaux au contact de la faille Barry. Avec Oban Mining augmentation de l’activite et la position des terres dans la region Windfall Lake, je suis ravi Durango continue de detenir la propriete Trove.”

A propos de Durango

Durango est une societe des ressources naturelles specialisee dans l’acquisition et l’exploration de proprietes minieres. La Societe a un interet de 100% dans la fortune et Smith ile calcaire les proprietes du mineur du nord-ouest Colombie-Britannique, les proprietes auriferes Decouverte, Trove et Allegiant au Quebec, et la propriete de lithium NMX Est pres de la mine Whabouchi au Quebec, ainsi que trois ensembles des reclamations dans le couloir Labrador de nickel.

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

Marcy Kiesman, Chief Executive Officer
Telephone: 604.428.2900 or 604.339.2243
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 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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AGORACOM Welcomes Nevada Energy Metals (BFF: TSX-V) With Strong Green Energy Initiatives

Posted by AGORACOM-JC at 9:17 AM on Wednesday, March 16th, 2016

TSX-V: BFF, OTC Pink: SSMLF

Why Lithium?

  • Major companies such as Sony and Panasonic got behind lithium as an anchor material in a possible successor to the lead-acid battery paradigm.
  • Although it took decades, lithium-based batteries are now the industry standard.
  • Lithium has limited supply and increasing demand.
  • Lithium seems untouched by economic downturns.
  • Lithium prices increased by about 20% in 2014 and by a larger percentage in 2015 when gas, coal and natural gas were down 50%
  • Climate change has lead to the frenzied search for green energy solution
  • Because of its high reactivity, lithium does not occur as a pure element in nature but is contained within minerals in a range of hard rock types or in brine solutions (elements contained in salty water) in salt lakes, “salars.” Lithium’s primary driver for growth is:

Batteries and grid-scale energy storage:

  • Most important use of lithium is in rechargeable lithium-ion batteries for electric vehicles, grid-scale energy storage, phones, laptops, cameras, gaming consoles and hundreds of other electronic devices.
  • Lithium-ion batteries are increasingly used for bikes, power tools, forklifts, cranes and other industrial equipment. In essence, lithium powers modern technology.

Benchmark Mineral Intelligence estimates that the

“EV market will grow five-fold between 2015 and 2020 while the market for stationary storage will increase 8-fold.”

We have already seen Tesla increase the land holding of their $5 billion under-construction lithium-ion battery factory and Faraday Future strike a deal to build a $1 billion electric car plant.

Projects

  • Acquired, by staking, 100 placer claims covering 2000 acres (809 hectares) at Teels Marsh, Nevada.
  • Property, called Teels Marsh West is highly prospective for Lithium brines and is located approximately 48 miles northwest of Clayton Valley and the Rockwood Lithium Mine, North America’s only producing brine based Lithium mine supporting lithium production since 1967.
  • Access to Teels Marsh is via dirt road, west of Highway 95 and northwest of Highway 360.

Teels Marsh West is a highly prospective Lithium exploration project, 100% owned without any royalties, located on the western part of a large evaporation pond, or playa (also known as a salar). Structural analysis reveals that Teels Marsh is bounded by faults and is tectonically active. Tectonic activities supply additional local permeability that could be provided by the faults that bound the graben and sub-basins.

  • Located 12 km (7.5 miles) northeast of Albemarle Corporation’s (formerly Rockwood Lithium),Silver Peaksolar evaporation ponds. Silver Peak is the only producing brine-based lithium facility in North America.
  • 60-40 earn-in joint venture with Dajin Resources Corp.
  • In addition to its proximity to Silver Peak, the property is 20 km (12.5 miles) east-northeast of Pure Energy Minerals’ Clayton Valley exploration project.
  • Preliminary data from ongoing exploration activities on the property, suggest that Alkali Lake could be situated on one of the most prospective areas in the entire basin.
  • Lithium assay results from sediment sampling carried out on the Alkali Lake property confirmed the presence of near-surface lithium at grades ranging from 73 ppm to 382 ppm.

  • Early stage exploration property, located in the northern foothills of the Alaska Range, which contains VMS (volcanogenic massive sulfide) mineralization.
  • Property is located in the east portion of the Bonnifield Mining District, central Alaska, approximately 60 mi (96 km) south of Fairbanks, Alaska (Figure 1).
  • Property consists of 36 quarter-section State of Alaska mining claims (Galleon 1-36; Appendix 1) held by Anglo Alaska Gold Corporation (AAGC). Rock Star Resources Inc (RSRI) holds the rights to a 100% earn-in interest under an agreement with AAGC to pay for exploration and make required payments.
  • Access to the Property currently is only by helicopter, or by trail from a nearby airstrip, however, strong potential exists for future development of a road connecting the Property with an existing mine road system to the west.
  • The claims are subject to a 3% Net Production Royalty to the State of Alaska beginning 3.5 years after mine start-up. All claims comprising the Galleon Property are in good standing at the time of this writing.

Energy metal markets are booming

The age of electrification across the transportation sector, the solar panel revolution, and Tesla’s battery gigafactory are igniting a battle for the cheapest battery. That will transform lithium into a boom-time mineral and the hottest commodity on the energy investor’s radar. It has been easy to take lithium for granted. This wonder mineral is the backbone of our everyday lives, popping up in everything from the glass in our windows to our mountains of electronics.

And while investors have long appreciated the steady rise in demand for this preferred mineral, the number of new applications continues to multiply. Smart phones, tablets, laptops, and other consumer electronics demand more lithium. But the largest driver for future lithium use will be in electric vehicles and home batteries for solar panels. That has lithium on the verge a boom for which supply can no longer be taken for granted.

Mesh with Us

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Uragold Carbon Footprint From Impending Solar Grade Silicon Metal Process Estimated 75% Lower Than Conventional Siemens Process

Posted by AGORACOM-JC at 4:11 PM on Tuesday, March 15th, 2016

Uragold_new

GREENHOUSE GAS EMISSIONS LOWERED BY 75%

  • Announced the results of a carbon footprint analysis evaluating the environmental impact of its PUREVAP(TM) QVR process versus the conventional Siemens1 process to make polycrystalline solar-grade (Sg) Silicon Metal
  • The analysis2 shows that the PUREVAP(TM) QVR process would generate 14.1 kg CO2 eq/Kg SG Si, while the Siemens process normally generates 54.0 kg CO2 eq/Kg SG Si of emissions. This represents 3.8 times, or 75% fewer greenhouse gas emissions, which is justified by elimination of the emissions emanating from the use of chemicals, as well as, energy consumption from the additional purification step.

Montreal, Quebec, Canada / March 15, 2016 – Uragold (TSX Venture: UBR) is pleased to announce the results of a carbon footprint analysis evaluating the environmental impact of its PUREVAP(TM) QVR process versus the conventional Siemens1 process to make polycrystalline solar-grade (Sg) Silicon Metal.

The study was conducted by PyroGenesis Canada Inc. (“PCI”), a clean-Tech company that designs, develops, manufacture and commercializes plasma waste-to-energy systems, plasma torch products and the PUREVAP(TM) Quartz Vaporization Reactor (QVR).

GREENHOUSE GAS EMISSIONS LOWERED BY 75% – SIGNIFICANT ADVANTAGES

The analysis2 shows that the PUREVAP(TM) QVR process would generate 14.1 kg CO2 eq/Kg SG Si, while the Siemens process normally generates 54.0 kg CO2 eq/Kg SG Si of emissions. This represents 3.8 times, or 75% fewer greenhouse gas emissions, which is justified by elimination of the emissions emanating from the use of chemicals, as well as, energy consumption from the additional purification step. (See Figure 1)


Click Image To View Full Size

Figure 1 Carbon footprint comparison (1: PCI process, 2: Siemens process)

Bernard Tourillon, Chairman and CEO of Uragold Stated: “Reducing the carbon footprint of manufacturing Sg Si by 75% opens up Uragold to Green and Cleantech investment funds. Furthermore, eliminating approximately 40,000 Ton of CO2 eq/per Ton SG Si produced could represent an opportunity for Uragold to benefit from carbon tax credits and incentive funding for green technologies.”

Tourillon further stated: “In addition to the Carbon footprint reduction, Uragold is going to replace the traditional toxic process with a one step direct transformation of Quartz into Sg Si using the PyroGenesis PUREVAP(TM) QVR process, thereby providing a green manufacturing process for the Solar industry. This is important because – In addition to be energy heavy process – it is a well-kept secret that the traditional manufacturing process to make Sg Si is not a very environmentally friendly process. Specifically, three to four tons of silicon tetrachloride (a very toxic compound) is generated for every ton of polysilicon produced.

Study Methodology

The environmental advantages of the PUREVAP(TM) QVR are demonstrated by comparing its theoretical carbon footprint with the baseline process.

Key Hypothesis

Table 1 Explanation of carbon footprint study boundaries

Description Reference – PyroGenesis Reference – Baseline case
Procurement Operations for extracting the quartz and the reducing agents. Analysis in FerroQuebec’s report on carbon footprint of metal silicon [5]. Analysis in FerroQuebec’s report on carbon footprint of metal silicon [5].
Quartz reduction Reduction of quartz to metallurgical-grade silicon. From theoretical mass balance. Analysis in FerroQuebec’s report on carbon footprint of metal silicon.
Electricity Electricity required for production. From theoretical heat balance and estimated furnace power. Electricity generation profile from Ecoinvent 2.2. B.S. Xakalashe and M. Tangstad. Silicon processing: from quartz to crystalline silicon solar cells [1].
Purification Refining from metallurgical-grade to solar-grade silicon. None, since it’s a one-step process. R. Glockner. M. de Wild-Scholten. Energy payback time and carbon footprint of Elkem Solar silicon [2].

Carbon footprint Calculations are summarized in Table 2

Table 2 Carbon footprint study results

PCI PUREVAPTM process Baseline process Unit
Procurement 10.6 10.6 kg CO2 eq/kg SG Si
Quartz reduction 3.54 3.68 kg CO2 eq/kg SG Si
Electricity 0.00080 0.00078 kg CO2 eq/kg SG Si
Purification – 39.8 kg CO2 eq/kg SG Si
Total 14.1 54.0 kg CO2 eq/kg SG Si

The data and results are taken from several reference articles that had done the research and calculations.

References:

  1. 1.B.S. Xakalashe. M. Tangstad. Silicon processing: from quartz to crystalline silicon solar cells. Southern African Pyrometallurgy 2011, Edited by R.T. Jones & P. den Hoed, Southern African Institute of Mining and Metallurgy, Johannesburg, 6-9 March 2011.
  2. 2.R. Glockner. M. de Wild-Scholten. Energy payback time and carbon footprint of Elkem Solar silicon. 27th European Photovoltaic Solar Energy Conference and Exhibition.
  3. 3.Rapport d’empreinte carbone du silicium metal. FerroQuebec, Usine de Port-Cartier, 25 mars 2015. http://www.bape.gouv.qc.ca/sections/mandats/usine_silicium_port-cartier/documents/PR8.1.pdf
  4. 4.Carbon emissions for hydropower : http://hydroquebec.com/sustainable-development/pdf/energy-supplies-and-air-emissions-2014.pdf
  5. 5.Carbon emissions for natural gas combustion (CHP): https://www.eia.gov/environment/emissions/co2_vol_mass.cfm
  6. 6.http://www.hydroquebec.com/generation/

About Uragold

Uragold, with its worldwide exclusive usage of PyroGenesis’ PUREVAP(TM) QVR, is endeavouring to become a vertically integrated High Purity Silicon Metal (99.99% Si), Solar Grade Silicon Metal (6N Purity / 99.9999% Si) and/or Higher (9N Purity / 99.9999999% Si) producer.

The PUREVAP(TM) QVR process’s big advantage is its one step direct transformation of Quartz into High Purity Silicon Metal (99.99% Si), Solar Grade Silicon Metal (6N Purity / 99.9999% Si) and/or Higher (9N Purity / 99.9999999% Si) producer, thereby potentially allowing Uragold to manufacture high value material for the same operating cost presently being paid by traditional producers to make Metallurgical Grade Si (98.5% Si) using the traditional arc furnace approach.

The science behind PyroGenesis PUREVAP(TM) QVR process is solid:

  • ooPlasma arc based process can and has transformed High Purity Quartz into Mg Si.
  • ooPlasma arc based process can and is being used to purify Mg Si into higher value materials such as Sg Si.
  • ooFinally, refining Mg Si using an electron-beam furnace in a high vacuum-processing environment has proven the concept of the elimination of elements whose vapor pressures are higher than that of silicon.

What is unique and ground breaking is the combination of these three proven processes into one step.

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 forecast. 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.

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

The conventional process considers the procurement (the extraction of quartz and reducing agents), the quartz reduction in an atmospheric electric furnace followed by the chemical purification and deposition using a Siemens process deposition reactor.

2 The analysis considered the target production rate of 2,000 ton/year of SG Si as the basis for material and energy balance calculations.

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KWG Files Notice of Sale From Control of Debut Diamonds

Posted by AGORACOM-JC at 10:22 AM on Monday, March 14th, 2016

Kwglarge

  • Filed a Notice of Sale from Control with respect to all of its 144,630,000 common shares of affiliate Debut Diamonds Inc. (CSE:DDI)
  • Notice provides that the shares will be sold either in whole or in part and either privately or through the facilities of the Canadian Securities Exchange stock market

TORONTO, ONTARIO–(March 14, 2016) – KWG Resources Inc. (CSE:KWG)(FRANKFURT:KW6) (“KWG”) has filed a Notice of Sale from Control with respect to all of its 144,630,000 common shares of affiliate Debut Diamonds Inc. (CSE:DDI) (“Debut”). The notice provides that the shares will be sold either in whole or in part and either privately or through the facilities of the Canadian Securities Exchange stock market.

About Debut:

Debut has both joint-ventured and wholly-owned diamond exploration properties that include the previously discovered MacFadyen and Good Friday kimberlite pipes within claims contiguous to the DeBeers claim block containing the Victor Diamond Mine. Debut also has an interest in the diamond bearing Kyle kimberlites about 100 kilometers to the west. See more at: http://www.debutdiamonds.com/docs/2015/01/debut-diamonds-inc-completes-private-placement-3/#sthash.CuirzLLh.dpuf

About KWG:

KWG has a 30% interest in the Big Daddy chromite deposit and the right to earn 80% of the Black Horse chromite where resources are being defined. KWG also owns 100% of CCC which has staked claims and conducted a surveying and soil testing program, originally for the engineering and construction of a railroad to the Ring of Fire from Aroland, Ontario. KWG subsequently acquired intellectual property interests, including a method for the direct reduction of chromite to metalized iron and chrome using natural gas. The Company is prosecuting patent applications for both the direct reduction method and for a method of producing high purity chromium metal by continuous smelting.

Shares issued and outstanding: 871,418,968

KWG Resources Inc. Bruce Hodgman Vice-President 416-642-3575 [email protected]

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Durango Acquires Additional Ground South of Metanor Moroy

Posted by AGORACOM-JC at 9:13 AM on Monday, March 14th, 2016

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  • Announces that it has acquired via GESTIM online staking additional ground south of Metanor Resources, TSX-MTO, Moroy discovery
  • Previously acquired ground adjacent to Metanor ground as announced on March 3rd, 2016 which encompasses the Bachelor Lake Mine and the Moroy discovery and the staking in this news releases is additional ground adjacent the previous ground

Vancouver, BC / March 14, 2016 – Durango Resources Inc. (the “Company” or “Durango”) announces that it has acquired via GESTIM online staking additional ground south of the Moroy discovery of Metanor Resources, TSX.V-MTO. On March 3rd, 2016, Durango announced that it had acquired ground adjacent to Metanor’s Bachelor Lake Mine and it’s Moroy discovery in Québec, and the staking in this news release is in addition to the previously announced ground.

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 Decouverté gold property in the Abitibi Region of Quebec, and the NMX East lithium property near the Whabouchi mine in Québec, the Buckshot property near the Miller Mine in Québec, as well as three sets of claims in the Labrador nickel corridor.

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

Marcy Kiesman, Chief Executive Officer
Telephone: 604.428.2900 or 604.339.2243
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 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

 

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Supreme Obtains MMPR License to Cultivate Medical Marijuana

Posted by AGORACOM-JC at 3:37 PM on Friday, March 11th, 2016

Sllarge

  • Announce its wholly-owned subsidiary, Advanced Medical Marihuana Canada (“AMMCan”) has been granted a license to cultivate medical marijuana pursuant to the Marihuana for Medical Purposes Regulations (the “MMPR”)

TORONTO, ONTARIO–(March 11, 2016) – Supreme Pharmaceuticals Inc. (the “Company” or “Supreme”) (OTC PINK:SPRWF)(CSE:SL) is pleased to announce its wholly-owned subsidiary, Advanced Medical Marihuana Canada (“AMMCan“) has been granted a license to cultivate medical marijuana pursuant to the Marihuana for Medical Purposes Regulations (the “MMPR“).

About Supreme

Supreme is a Canadian publically traded company committed to becoming a leading supplier of affordable medical cannabis through its wholly-owned subsidiary AMMCan. AMMCan is a federally licensed producer of medical marijuana pursuant to the MMPR operating a 7 Acre hybrid greenhouse facility. The Hybrid Greenhouse combines the best technology of indoor production with the efficiencies and sustainability of a greenhouse, in a single large-format production footprint. Please visit www.supreme.ca and www.ammcan.com for more information.

FORWARD LOOKING INFORMATION

This news release contains forward-looking statements. The use of any of the words “anticipate”, “continue”, “estimate”, “expect”, “may”, “will”, “project”, “should”, “believe” and similar expressions are intended to identify forward-looking statements. Although the Company believes that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because the Company can give no assurance that they will prove to be correct. Since forward-looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. These risks and uncertainties include, but are not limited to, the Company’s ability to satisfy the conditions associated with its cultivation license, the Company’s ability to obtain a sales license and the related timing considerations, the availability of further financing, consumer interest in its products, competition, regulation, operational and technological risks, and anticipated and unanticipated costs and delays. These statements speak only as of the date of this news release. Actual results could differ materially from those currently anticipated due to a number of factors and risks including various risk factors discussed in the Company’s disclosure documents which can be found under the Company’s profile on www.sedar.com. This news release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbour provisions of the Private Securities Litigation Reform Act of 1995.

Investor Relations
(416) 630-7272
[email protected]
www.supreme.ca

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Uragold Plans To Issue Dividend To Shareholders Via Spin Out Of Gold Projects. Exploration Program Majority Funded By Government Grants Set To Begin At Beauce

Posted by AGORACOM-JC at 8:39 AM on Friday, March 11th, 2016

Uragold_new

  • Announced the start of an exploration program focused on the detection of deep sulphide mineralization targets on the Company’s Beauce Gold project
  • Approximately 80% of which is funded through governmental grants, will bring together an international world-renowned multi-disciplinary geophysical team
  • Bernard Tourillon, Chairman and CEO of Uragold stated, “Our decision to participate in this government funded exploration program at this time represents the official start of the Company’s plan to spin out its’ gold assets into a separate publicly traded company…”

Montreal, Quebec, Canada /March 11 2016 – Uragold (TSX Venture: UBR) is pleased to announce the start of an exploration program focused on the detection of deep sulphide mineralization targets on the Company’s Beauce Gold project located in the Beauce region of Southern Quebec. The research program, approximately 80% of which is funded through governmental grants, will bring together an international world-renowned multi-disciplinary geophysical team oriented on studying and identifying the location of potentials hard rock sources of the Beauce Gold property.

GOLD PROJECTS TO BE SPUN OUT TO UNLOCK VALUE

Bernard Tourillon, Chairman and CEO of Uragold stated, “Our decision to participate in this government funded exploration program at this time represents the official start of the Company’s plan to spin out its’ gold assets into a separate publicly traded company, first contemplated in our press release of December 1, 2015. We believe the spin out will serve to unlock the true value of our gold assets for our shareholders, all of whom will receive shares in the new company, while allowing each company to focus on their respective core competencies. Details of the spin out, subject to shareholder and regulatory approval, will be provided in due course.”

BEAUCE GOLD PROPERTY-SEARCHING THE SOURCE OF THE LARGEST PLACER GOLD DEPOSIT IN EASTERN NORTH AMERICA

The Beauce Gold project area hosts a six (6) km long unconsolidated gold bearing sedimentary unit (a lower saprolite and an upper brown diamictite) holding the largest historical placer gold deposit in eastern North America. Uragold exploration work to date identified delicate gold in saprolite, indicating a close proximity to a bedrock source of gold providing significant potential for further exploration discoveries. (Please refer to Uragold National Instrument 43-101 report dated January 8, 2015).

Patrick Levasseur, President and COO of Uragold stated, “For the past 150 years, every 50 years has seen the occurrence of major placer gold mining operation on the property. Regardless of this, there have been few attempts made to identify the bedrock source of this prolific historical placer gold deposit.” Mr. Levasseur further stated: “Having such a team of world renowned professionals working on our project and using the latest in geophysical technology for gold exploration on our Beauce Gold property is outstanding.”

WORLD RENOWNED GEOPHYSICAL TEAM

The multi-disciplinary geophysical team is composed of members from:

  • -INRS-ETE,(Eau Terre et Environnement) ;-UQAT (Universite du Quebec en Abitibi-Temiscamingue);-The Geological Survey of Canada (GSC);

    -MERN (Energie et Resources Naturelles du Quebec) ;

    -Paris VI – Sorbonne (Universite Pierre et Marie Curie) and

    -Zonge International from Tucson Arizona (Zonge.com)

The multi-disciplinary geophysical will take magnetic and gravimetric measurements along different sections, perpendicular to the geology of the St-Simon-les-Mines gold placer area. Subsequently, they will complete an electromagnetic survey, from 0 to 2,000 m, to document the geoelectric characteristics of Bellechasse gold belt in St-Simon-les-Mines.

The Beauce Gold project has been the subject of exploration by UBR and INRS. The INRS electrical resistivity and IP survey demonstrated the presence of strong chargeability anomalies in the bedrock located below the gold placer quaternary units (News release 2013-05-23, Uragold’s Beauce survey indicates vertical anomaly).

The geophysical and petrophysical study is majority funded through a grant from the FQRNT-Mines (Fonds de recherche du Quebec – Nature et technologies) (FRQNT) with a contribution from Uragold.

Marc Richer-Lafleche PhD, P. Geo, is a qualified person as defined by National Instrument 43-101 and has reviewed and approved the technical contents of this press release.

About The Beauce Gold project

The Beauce Gold Project is a unique, historically prolific gold field located in the municipality of Saint-Simon-les-Mines in the Beauce region of Southern Quebec. Comprising of a block of 37 claims 100% owned by Uragold Bay Resources, the project area hosts a six km long unconsolidated gold bearing sedimentary units (a lower saprolite and an upper brown diamictite) holding the largest placer gold deposit in eastern North America. The gold in saprolite indicates a close proximity to a bedrock source of gold providing significant potential for further exploration discoveries.

About Uragold

Uragold is also the largest holder of High Purity Quartz properties in Quebec, with over 3,500 Ha under claims. 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.

Uragold, with its worldwide exclusive usage of PyroGenesis’ PUREVAP(TM) QVR, is endeavouring to become a vertically integrated High Purity Silicon Metal (99.99% Si), Solar Grade Silicon Metal (6N Purity / 99.9999% Si) and/or Higher (9N Purity / 99.9999999% Si) producer.

The PUREVAP(TM) QVR process’s big advantage is its one step direct transformation of Quartz into High Purity Silicon Metal (99.99% Si), Solar Grade Silicon Metal (6N Purity / 99.9999% Si) and/or Higher (9N Purity / 99.9999999% Si) producer, thereby potentially allowing Uragold to manufacture high value material for the same operating cost presently being paid by traditional producers to make Metallurgical Grade Si (98.5% Si) using the traditional arc furnace approach.

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

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Durango Releases New Information on its Whitney Northwest Project, Identifies Favourable Geology

Posted by AGORACOM-JC at 10:44 AM on Wednesday, March 9th, 2016

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  • Announced further information on its 100% owned Whitney Northwest Gold Project located north of the Lake Shore Gold Corp (T-LSG) and Goldcorp Inc. (T-G) joint venture Whitney Project
  • In addition to its close proximity to the Whitney Project, on which Lake Shore Gold announced an expansion to its mineralized zone on February 4, 2016, Durango’s Whitney Northwest property is located directly adjacent to the north of the Bell Creek Mine Complex

Vancouver, BC / March 9, 2016 – Durango Resources Inc. (the “Company” or “Durango”) (V-DGO) (OTC-ATOXF) is pleased to announce further information on its 100% owned Whitney Northwest Gold Project located north of the Lake Shore Gold Corp (T-LSG) and Goldcorp Inc. (T-G) joint venture Whitney Project north of the city of Timmins, Ontario, and 9 kilometres ENE of the city of Timmins.

In addition to its close proximity to the Whitney Project, on which Lake Shore Gold announced an expansion to its mineralized zone on February 4, 2016, Durango’s Whitney Northwest property is located directly adjacent to the north of the Bell Creek Mine Complex, which includes the Bell Creek Mine and the Bell Creek Mill. The Whitney Northwest project is located approximately 4 kilometres west-northwest of the Bell Creek Mine resource.

Durango’s Whitney Northwest property covers the projected extensions of several north-south and east-west trending regionally mapped faults. The Porcupine area is well known for hosting mesothermal Archean shear-hosted gold deposits. Durango’s Whitney Northwest Gold Project lies between the gold-bearing Destor-Porcupine Fault to the south (>60 million oz of historic production to the end of 2006) and the gold-bearing regional Pipestone Fault to the north.

The most significant gold mineralization at the nearby Bell Creek Mine occurs in two lithostructural settings: a) near or along an ultramafic-to-mafic contact zones (the Bell Creek and West Zone), and b) within the mafic volcanics sequence (North Zones). (2) Initial work at Durango’s Whitney Northwest is planned to consist of detailed field mapping and attention will be given to identifying geological analogues to nearby deposits such as the Bell Creek Mine and the Lake Shore Gold Whitney Project.

The Bell Creek Mine is an underground mine located northeast of Timmins, Ontario, close to Goldcorp Inc.’s (“Goldcorp’s”) Hoyle Pond Mine. The mine is a former producer that was operated by a number of owners from 1987 to 1994, producing a total of 113,000 ounces of gold (576,000 tons at an average grade of 5.6 grams per tonne). Lake Shore Gold acquired the Bell Creek Mine, and the Bell Creek Mill, in December 2007 from the Porcupine Joint Venture, a joint venture between Goldcorp and Kinross Gold Corporation. (1)

The Bell Creek Mill receives ore from the Lake Shore Gold Bell Creek Mine and Timmins West Mine and currently achieves throughput levels of around 3,500 tonnes per day. During the first nine months of 2015, a total of 952,000 tonnes of ore was processed at Bell Creek Mill at an average grade of 4.6 gpt and an average recovery rate of 96.7%, resulting in 136,200 recovered ounces of production. (1)

The technical contents of this release were approved by Mr. Case Lewis, a vendor of the property and a Qualified Person as defined by National Instrument 43-101. The property has not been the subject of a National Instrument 43-101 report.

About the Whitney Northwest Project

Durango’s Whitney Northwest Gold Project is located within the western part of the Archean-aged Southern Abitibi Greenstone Belt, a supracrustal complex of moderately to highly deformed, usually greenschist facies, volcanic-dominated oceanic assemblages that are approximately 2.7 million years in age. Supracrustal rocks in the Timmins region are assigned as members of seven volcanic and two sedimentary assemblages within the Western Abitibi Subprovince of the Superior Province. Intrusions were emplaced during the Archean and Proterozoic eons.

The Whitney Northwest Gold Project lies between the gold-bearing Destor-Porcupine Fault to the south (>60 million ounces of historic production to the end of 2006) and the gold-bearing regional Pipestone Fault to the north. The property covers the interpreted extension of several north-south and east-west trending faults.

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 NMX East lithium property near the Whabouchi mine in Quebec, the Buckshot Property near the Miller Mine in Quebec, as well as three sets of claims in the Labrador nickel corridor.

References

  1. (1)Lake Shore Gold Corp website, http://www.lsgold.com/, March 2016.
  2. (2)NI 43-101 Technical Report, Updated Mineral Reserve Estimate for Bell Creek Mine, Hoyle Township, Timmins, Ontario, Canada. Prepared for Lake Shore Gold Corp. Kallio, E. & Vaz N., March 27, 2015.

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

Marcy Kiesman, Chief Executive Officer

Telephone: 604.428.2900 or 604.339.2243

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 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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CLIENT FEATURE: American Creek (AMK: TSX-V) – Recent samples average 27,092 gm/tonne silver and 248 gm/tonne gold

Posted by AGORACOM-JC at 2:56 PM on Tuesday, March 8th, 2016

AMK: TSX-V

RECENT HIGHLIGHTS

  • Specimens from the structure averages 27,092 gm/tonne silver and 248 gm/tonne gold
  • Results from outcrop specimens of high grade material collected on its Electrum property from the Shiny Cliff vein on the North Face Showing Read More

Exceptional Properties

Electrum Gold-Silver Property, British Columbia – 100% owned

The Electrum property has a rich history with some of the highest grade hand-mined ore mined in North America combined with excellent logistics. The property is located directly between two high-grad vein gold/silver mines; the past producing Silbak Premier mine and Pretiums high-grade Brucejack mine (production in 2017).All three lie within the Iskut mineral district (a particularly prolific part of the Canadian Cordillera) with numerous geological similarities between them.

The Electrum Property holds significant potential to attract mining companies when considering its high-grade nature combined with the exceptional logistics in place.

  • Located in the prolific Golden Triangle of northwestern British Columbia, an area encompassing mineral rich belts that host more than 43 past producing mines including Eskay Creek, Silbak Premier, Granduc and Big Missouri.It is a hotbed of activity with one new mine having come online in 2015 (Imperial Mines Red Chris) and another scheduled for 2017 (Pretium Brucejack) and at least three more world-class mining projects headed toward production.
  • Located in a particularly rich valley with 4 past producing commercial mines and a 5th in the adjacent valley.
  • Includes the historic East Gold Mine that had intermittent small-scale production of approximately 46 tonnes of ore with grades averaging 1,661 grams of gold per tonne and 2,596 grams of silver per tone (roughly 50oz gold with 75oz silver).
  • Mineralization is believed to be very similar to the silver-gold-base metal veins responsible for the precious metal mineralization found in the Silbak Premier Mine and the Big Missouri mines (located in same extended valley).
  • Pretiums Brucejack Summary Report (for exploration) compares itself geologically to the Silbak Premier mine as well.
  • Exceptional gold and silver assays including 440 g/t gold with 400 g/t silver over 0.52m, with numerous silver intervals of 583g/t, 501 g/t, 420 g/t, 384 g/t in core, and surface samples of 80.96 g/t gold with 80,818 g/t silver, 694 g/t gold with 550 g/t silver, 54.77 g/t gold with 14,903 g/t silver, 615 g/t gold with 616 g/t silver.
  • A very successful program was run in 2015 wherein:
    • A new approach focusing on high-grade was employed very successfully
    • A new zone of gold / silver mineralization was discovered
    • A better understanding of the property geology was obtained
    • Surface samples from the structure averages 27,092 gm/tonne silver and 248 gm/tonne gold



  • The program proved the Electrum Property has multiple high-grade gold-silver epithermal breccia vein systems and gave us a better understating of their sequencing.
  • Excellent logistics including road access, power located 2 km away and a bulk tonnage shipping port and supportive mining town located just40 km away in a mining friendly jurisdiction.

The high-grade ELECTRUM PROPERTY recently had a program run on it. CLICK HERE for the Electrum presentation and HERE for the 2015 drill program presentation. The highly mineralized gossans on the Electrum are shown in the image at the top of this page.

2015 Drill Program Presentation

Treaty Creek Gold-Copper Property, British Columbia – 51% Joint Venture

Treaty Creek Property


Treaty Creek is located in British Columbia’s prolific Golden Triangle; one of the richest areas of mineralization in the world with one new mine having come online in 2015 (Imperial Mines Red Chris) and another scheduled for 2017 (Pretium Brucejack) and at least three more world-class mining projects headed toward production.

Mineralization in the Treaty Creek claims area lies within the same broad hydrothermal system that generated the several deposits on the Seabridge Gold KSM and the Pretivm Brucejack properties that lie immediately southwest of the Treaty Creek claims. So far over 130 million ounces of gold, 800 million ounces of silver and 20 billion pounds of copper (all categories included), representing one of the greatest concentrations of metal value on the planet, have been delineated within the geological system shared by KSM, Brucejack, and Treaty Creek.

Seabridge Gold’s KSM is the world’s largest undeveloped gold/silver project by reserves while Pretium’s Brucejack is the highest grading undeveloped large-scale gold project in the world.KSM has just past the environmental and permitting stage while the Brucejack is in construction phase.
Treaty Creek is part of the same large hydrothermal system as it’s neighbours, hosts the same bedrock geology as its neighbours, the same magneto-telluric (MT) anomalies that proved to be large deposits on the neighbours claims, the same major fault system (Sulphurets) that is responsible for KSM’s deposits, and initial exploration and drilling show similar results to initial drilling on KSM.

The Treaty Creek property is in a strategic location as it’s included in Seabridge’s plan for the KSM to go into production. Seabridge has proposed twin tunnels that would take the KSM ore through American Creek’s Treaty Creek property to a processing plant and tailings pond.

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