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China Railway FSDI Signs KWG Standstill Agreement

Posted by AGORACOM-JC at 9:53 AM on Tuesday, November 24th, 2015

Signed a Confidentiality and Non-Disclosure Agreement arranged by Golden Share Mining Corporation (TSX VENTRUE:GSH) (“GSH”)
Includes a three-year standstill provision, to enable the scoping and engineering data of KWG subsidiary Canada Chrome Corporation (“CCC”) to be made available for examination and analysis by FSDI

TORONTO, ONTARIO–(Nov. 24, 2015) – KWG Resources Inc. (CSE:KWG) (“KWG”) and China Railway First Survey & Design Institute Group Co., Ltd. (“FSDI”) have signed a Confidentiality and Non-Disclosure Agreement arranged by Golden Share Mining Corporation (TSX VENTRUE:GSH) (“GSH”), which includes a three-year standstill provision, to enable the scoping and engineering data of KWG subsidiary Canada Chrome Corporation (“CCC”) to be made available for examination and analysis by FSDI. The parties intend to explore the possibility of a negotiated transaction between them for FSDI to undertake a feasibility study for KWG on all aspects of the construction of a Ring of Fire transportation corridor and railroad, including terms for construction financing facilities. FSDI has begun its review of the CCC data and advises that it will deliver a proposal to the parties as soon as possible in preparation for discussions in early 2016.

To advance the ongoing anticipated negotiations, CCC has engaged GSH as its representative and advocate in China. GSH is indirectly controlled by the Beijing Institute of Geology for Mineral Resources, a Chinese State Owned Enterprise. As a completion incentive, CCC will grant to GSH a finder’s fee for capital expenditures made by FSDI and its affiliates and associates for any transportation assets with which the CCC lands are improved, of 1% of all construction expenditures, payable on substantial completion of construction and thereafter a royalty on revenues generated by such transportation assets of 1.5% of freight revenues, payable quarterly.

To secure access to its mineral interests in the Ring of Fire, in 2010 CCC staked mineral claims along a 340 kilometre long route covering a series of sand ridges. These claims traverse the traditional territories of the Aroland and Marten Falls First Nations who accordingly have a keen interest in development of any transportation corridor along that alignment. The interests of these two First Nations and their Matawa Tribal Council neighbours must be accommodated for any construction to proceed and are expected to be negotiated as part of the feasibility study process.

About FSDI:

Established in 1953, China Railway First Survey & Design Institute Group Co., Ltd. (“FSDI”) holds 26 national Grade-A complex qualification certificates for engineering survey, design, supervision and consultation.

Over the past 60 years since establishment, FSDI has led the design and construction of over 48,000 km of railways represented by western China’s railway network, and undertaken over 5,000 km of high-speed railways which have been in operation or are under construction in China.

FSDI has undertaken rail transit projects in over 30 cities of China, fully covering the whole process or industrial chain of planning, design, consultation, supervision, EPC and general property development of means of transport such as subway, light rail and tramcar. It has also undertaken railway, highway and subway consultation and design projects measuring a total of over 2,000 kilometers in over 40 countries.

FSDI’s complete survey & design technologies have been up to domestic or world advanced standards in fields such as mountain railways, plateau permafrost railways, desert railways, electrified railways, super long tunnels, large railway hubs or marshalling stations, wireless train control, command scheduling systems, and large interchange engineering.

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 patent interests, including a method for the direct reduction of chromite to metalized iron and chrome using natural gas. The company has determined that the reduction method can be employed to metalize finely ground chromite which could also be recovered from slurry delivered to Aroland in an underground pipeline constructed within the CCC claims.

Cautionary Note Regarding Forwardâ€Looking Statements: This Press Release contains or refers to “forward-looking information” within the meaning of applicable Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “plans”, “expects”, “is expected”, “budget”, “estimates”, “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”, “occur” or “be achieved”. All information, other than information regarding historical fact that addresses activities, events or developments that KWG believes, expects or anticipates will or may occur in the future is forward-looking information. Forward-looking information contained in this Press Release is subject to a number of risks and uncertainties that may cause the actual results of KWG to differ materially from those discussed in the forward-looking information, and even if such actual results are realized or substantially realized, there can be no assurance that they will have the expected consequences to, or effects on, KWG. Should one or more of these risks and uncertainties occur, such as: the parties failing to explore the possibility of a negotiated transaction between them for FSDI to undertake a feasibility study for KWG on all aspects of the construction of a Ring of Fire transportation corridor and railroad, including terms for construction financing facilities; the actual results of current exploration programs; risks normally incidental to exploration and development of mineral properties; the uncertainty of mineral resources estimates; uncertainties in the interpretation of drill results; the possibility that future exploration, development or mining results will not be consistent with expectations; the grade and recovery of ore varying from estimates; the general risks associated with the mining industry; adverse changes in commodity prices; currency and interest rate fluctuations; increased competition and general economic and market factors, or should assumptions underlying the forward-looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, or expected. We do not intend and do not assume any obligation to update these forwardâ€ looking statements, except as required by law. Shareholders are cautioned not to put undue reliance on such forwardâ€looking statements.

Shares issued and outstanding: 845,147,718

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

Tags: #mining, #smallcapstocks, chromite, CSE, FSDI, ring of fire, ROF
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Uragold Completes Fieldwork Phase Of Program To Validate Historical Estimate Of Roncevaux High Purity Quartz Vein Deposits

Posted by AGORACOM-JC at 9:49 AM on Tuesday, November 24th, 2015

Announced that the INRS (Eau Terre Environnement) team has completed the fieldwork phase of its ongoing exploration program on the Roncevaux High Purity Quartz vein property located in the Matapedia Valley in the Gaspe region of Quebec
Uragold is the largest holder of High Purity Quartz properties in Quebec, with over 3,500 Ha under claims.

Montreal, Quebec / November 24 2015 – Uragold (TSX Venture: UBR) is pleased to announce that the INRS (Eau Terre Environnement) team has completed the fieldwork phase of its ongoing exploration program on the Roncevaux High Purity Quartz vein property located in the Matapedia Valley in the Gaspe region of Quebec. Uragold is the largest holder of High Purity Quartz properties in Quebec, with over 3,500 Ha under claims.

INDUSTRY COVETS RONCEVAUX HIGH PURITY QUARTZ

The material’s unique characteristics make it highly coveted within the industry, as confirmed by the following:

March 2, 2015 – A major Silicon Metal Producer (1st Producer) expressed interest in purchasing 20,000 – 50,000 tons of High Purity Lump Quartz from Roncevaux. The 1st Producer confirmed material from Roncevaux successfully passed rigorous internal testing protocols, deeming our material highly suited for their Silicon Metal production plant.

August 27, 2015 – A second major Silicon Metal Producer, for the purpose of securing material for their plant, requested High Purity Quartz samples from Roncevaux for evaluation.

TRANSFORMING RONCEVAUX QUARTZ INTO HIGH VALUE END PRODUCT

In addition to the above, Uragold is also evaluating the possibility of becoming a fully integrated vertical producer of High Purity Solar Grade Silicon Metal / Value End Products:

September 30, 2015 – Uragold announced a partnership with Pyrogenesis Canada, in which PyroGenesis granted Uragold a worldwide exclusive right to the usage of the PUREVAP (TM) Quartz Vaporization Reactor technology. The purpose of the partnership is to transform our High Purity Quartz into High Purity Solar Grade Silicon Metal / Value End Products such as:

-Solar Grade Silicon Metal (“UMG Si”) 6N to 8N purity Si which presently sells for $USD 12.51 per Kg ($USD 12,510 per Metric ton)1;-Polysilicon or 9N Si which presently sells for $USD 14.10 per Kg ($USD 14,100 per Metric ton)2

Successful testing of this process and transformation of our High Purity Quartz into High Purity Solar Grade Silicon Metal, is expected to be completed in Q1 2016, and will put Uragold in a position to turn its Quartz Projects into the Highest Purity, Lowest Cost Supplier to the Solar Industry.

Bernard Tourillon, Chairman and CEO of Uragold stated: “The science behind the PUREVAP (TM) Quartz Vaporization Reactor is strong: A Plasma arc based process can transform High Purity Quartz into Metallurgical Grade Silicon Metal (“Mg Si”). The Plasma arc based process can then be used to purify Mg Si into higher value materials such as Solar Grade Silicon Metal. Furthermore, 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 about the PyroGenesis approach is the combination of these three proven processes into one step”

FIELDWORK COMPLETED BY INRS DURING THE FIRST EXPLORATION PHASE

-Twelve (12) lines of forest were cut and cleared for geological mapping and for geophysics work that included:
- -High-resolution magnetometric survey (total field and gradient) (GSM-19)-Frequency-domain electromagnetic survey (Iris Promis-10)-Four electrical resistivity tomographic sections (ABEM Terrameter LS)
-New trenches were excavated and old trenches were cleaned to allow channel sampling of the quartz vein and the collection of 200 Kg samples for:
- -High precision geochemical evaluation to be done by the INRS; and-2nd Producer evaluation and Dorfner Anzaplan test regarding the development of property specific beneficiation processes for the production of ultra high purity quartz sands (99.99+% SiO2) (April 13, 2015 press release).

Results of the geophysics and geochemical work will allow the planning of a drilling program to confirm SiO2 purity at depth and to validate the historical estimates of 414,700 tons of High Purity Quartz contained in the V1 vein structure (grading @ 99.20% of SiO2) (GM60610: Barrette, Jean-Paul. 2003. Rapport des travaux d’exploration miniere sur la veine de quartz pur. Projet Silice Roncevaux, Canton Roncevaux, Gaspesie)

Patrick Levasseur, President and COO of Uragold stated, “This work is advancing our understanding of the Roncevaux quartz deposit. When combining our technology partnership with PyroGenesis Inc. and our properties portfolio, Uragold is well positioned to become a Green Tech industry leader in the quartz value added business.”

All information such as resource estimates and grades herein presented is historical in nature and while relevant, the information was obtained before the implementation of National Instrument 43-101 and as such does not meet National Instrument 43-101 reporting standards. The historical estimate should not be relied upon until the Company can confirm them.

The work was complete by a team supervised by Dr. Marc Richer-LaFleche, Ph.D. (Geo) the Institut National de la Recherche Scientifique (INRS, Eau Terre Environnement). Mr. Vivian Stuart-Williams, SACNASPS, working under Special Authorization #308 of the Quebec Order of Geologist, is an Independent Qualified Person as defined by National Instrument 43-101 that supervised the preparation of the information in this news release.

About Uragold

Uragold, with its worldwide 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.

The PUREVAP (TM) quartz vaporization reactor process’s big advantage 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.

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

Tags: #mining, #smallcapstocks, $TSXV, gold, High Purity Quartz, High Purity silica
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Durango Enters ROFR on South Clayton Valley Lithium

Posted by AGORACOM-JC at 9:20 AM on Monday, November 23rd, 2015

Agreed to terms in a right of first refusal (ROFR) with an arm’s length vendor for a 2,460 acre lithium project called the East Fault claims located in the South Clayton Valley of Nevada, USA
East Fault claims cover the area from Pure Energy Minerals’ (TSX-V:PE) eastern border to the east bounding (graben) faults the East Fault and E-2 Fault.

Vancouver, BC / November 23, 2015 – Durango Resources Inc. (the “Company” or “Durango”) announces that it has agreed to terms in a right of first refusal (ROFR) with an arm’s length vendor for a 2,460 acre lithium project called the East Fault claims located in the South Clayton Valley of Nevada, USA.

The East Fault claims cover the area from Pure Energy Minerals’ (TSX-V:PE) eastern border to the east bounding (graben) faults the East Fault and E-2 Fault. The property includes eleven kilometers (7 miles) of the East Fault, 3.5 kilometers (2.2 miles) of the E-2 Fault, and eight kilometers (5 miles) of the (projected) 1,000 meter bedrock depth gravity contour (See Pure Energy NI 43-101 Technical Report, July 17, 2015).

The ROFR terms set out between Durango and the vendor specify that Durango has 30 days to complete due diligence on the claims and the accompanying data and enter into a definitive agreement. Once an agreement is signed the Company will:

-Issue one million shares of Durango to the vendor after approval of the transaction by the TSX Venture Exchange;

-Sign a 3% Net Smelter Royalty (NSR), with the option of a 1% buyback for $1M within three years of signing a definitive agreement; and

-Pay $29,000 USD in claim fees.

Further details on the East Fault property will be announced as they become available. Durango looks to complete private placement and flow through financings to enable immediate exploration on the NMX East claims adjacent to Nemaska Lithium (TSX.V-NMX) and to further evaluate the claims adjacent to Pure Energy in Nevada, USA.

The technical contents of this release were approved by Mr. Case Lewis, P.Geo., 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 NMX East lithium property near the Whabouchi mine in Quebec, as well as three sets of claims in the Labrador nickel corridor.

DURANGO ENTRE DPR SUR SUD CLAYTON VALLEY LITHIUM

Vancouver, Colombie-Britannique / TheNewswire / 23 Novembre, ici a 2015 – Ressources Durango Inc. (la “Societe” ou “Durango”) annonce qu’elle a convenu de termes dans un droit de premier refus (DPR) avec une longueur de fournisseur d’un bras pour un acre 2460 projet de lithium appele revendications Fault-Orient situes dans le sud de la vallee de Clayton Nevada, USA.

Les revendications Fault-Orient couvrent la zone de Pur Minerals energie ‘(TSX-V: PE) frontiere orientale aux delimitation Est (graben) defauts de la faute de l’Est et E-2 defauts. La propriete comprend onze kilometres (7 miles) de la faille de l’Est, a 3,5 kilometres (2,2 miles) de la faille de E-2, et a huit kilometres (5 miles) de la (projetee) de 1000 metres de profondeur du substratum rocheux gravite contour (Voir Ni pur energie Rapport technique 43-101, le 17 Juillet, 2015).

Les termes DPR enonces entre Durango et le vendeur preciser que Durango a 30 jours pour completer la diligence raisonnable sur les revendications et les donnees d’accompagnement et de conclure un accord definitif. Une fois qu’un accord est signe la Societe seront:

o Numero un million d’actions de Durango au vendeur apres l’approbation de la transaction par la Bourse de croissance TSX;

o Signer une fonderie de 3% net Libre (NSR), avec l’option d’un rachat de 1% pour 1 M $ dans les trois ans suivant la signature d’un accord definitif; et

o Payer 29.000 $ USD en frais de reclamation.

Plus de details sur la propriete Fault-Orient seront annonces des qu’ils seront disponibles. Durango cherche a completer un placement prive et de circuler a travers des financements pour permettre l’exploration immediate sur la NMX-Orient claims adjacents a Nemaska Lithium (TSX.V-NMX) et pour evaluer davantage les claims adjacents a Pure Energy dans le Nevada, USA.

Le contenu technique de ce communique de presse ont ete approuvees par M. Case Lewis, P.Geo., Une personne qualifiee tel que defini par la Norme canadienne 43-101.

A propos de Durango

Durango est une societe des ressources naturelles engagee dans l’acquisition et l’exploration de proprietes minieres. La Societe a un interet de 100% dans la fortune et Smith Island proprietes de calcaire de la Mayner du nord-ouest Colombie-Britannique, la decouverte et de proprietes auriferes Trove dans la region de l’Abitibi au Quebec, et la propriete de lithium NMX Est, pres de la mine Whabouchi au Quebec, ainsi que trois jeux de revendications dans le couloir de nickel du Labrador.

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.

Tags: #mining, #smallcapstocks, $TSXV, lithium
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Durango Creates a Lithium Exchange

Posted by AGORACOM-JC at 2:58 PM on Friday, November 20th, 2015

Company created a landing website as a new information source on green energy related lithium products and projects
Will provide information to green related users while advertising Durango
Website will offer social and business networking by allowing lithium commodity producers to post available products for sale as well as allowing lithium project holders to offer any lithium projects for sale

Vancouver, BC / November 20, 2015 – Durango Resources Inc. (the “Company” or “Durango”) has created a landing website as a new information source on green energy related lithium products and projects. The website will provide information to green related users while advertising Durango.

The website will offer social and business networking by allowing lithium commodity producers to post available products for sale as well as allowing lithium project holders to offer any lithium projects for sale. In addition, the website will act as a social and business networking median, allowing any party to source posted lithium products and projects and will also provide information on green energy lithium and uses of lithium.

The website is expected to go live next week and Durango will issue a release with further details as it becomes available.

The Guardian reported on November 18, 2015, that “(President) Obama insisted on an ambitious deal in Paris would spur investment, as it would signal to businesses that they should “go all-in on renewable energy technologies”.” As such, Durango is working to acquire these green energy related projects and anticipates being in the position to move forward on exploring on the related acquisitions. Durango continues to review and negotiate on several brine and salar/playa related lithium prospects in Alberta, Canada and Nevada, USA.

Recently, Durango acquired several lithium prospects adjacent to Nemaska Lithium (TSX.V-NMX) located in Quebec, LNG related limestone prospects on the north coast of BC, and Nickel Cobalt properties with historic results near Vale (owned by Voisey’s Bay) in Labrador. Durango also continues to hold and explore its precious metals prospect, the Decouverte (Discovery) located in northern Quebec.

About Durango

DURANGO CREE UN ECHANGE DE LITHIUM

Vancouver, Colombie-Britannique / TheNewswire / 20 Novembre, ici a 2015 – Ressources Durango Inc. (la “Societe” ou “Durango”) a cree un site d’atterrissage comme une nouvelle source d’information sur les produits consommateurs d’energie et de projets de lithium verts. Le site fournira des informations aux utilisateurs verts connexes alors que la publicite Durango.

Le site offrira le reseautage social et les affaires en permettant aux producteurs de produits de base de lithium pour poster des produits disponibles a la vente ainsi que les porteurs de projets permettant de lithium d’offrir des projets de lithium pour la vente. En outre, le site agira comme une mediane social et le reseautage d’affaires, permettant a toute partie a la source des produits et des projets de lithium detaches et fournira egalement des informations sur le lithium et les utilisations de lithium l’energie verte.

Le site est prevu pour aller vivre la semaine prochaine et Durango emettra un communique de plus amples details des qu’ils seront disponibles.

Le Guardian a rapporte le 18 Novembre, 2015, que “(le president) Obama a insiste sur un accord ambitieux a Paris serait de stimuler les investissements, car elle signifierait aux entreprises qu’elles doivent” aller all-in sur les technologies d’energies renouvelables “.” En tant que tel, Durango travaille pour acquerir ces projets lies a l’energie verte et prevoit etre en mesure d’aller de l’avant sur l’exploration sur les acquisitions liees. Durango continue d’examiner et negocier sur plusieurs saumure et salar / playa lies perspectives de lithium de l’Alberta, le Canada et le Nevada, USA.

Recemment, Durango a acquis plusieurs perspectives de lithium, GNL lies calcaires perspectives sur la cote nord de la Colombie-Britannique, et les proprietes Nickel Cobalt avec les resultats historiques pres de Vale (propriete de la baie de Voisey) dans adjacentes a Nemaska Lithium (TSX.V-NMX) situe au Quebec Labrador. Durango continue egalement a tenir et a explorer son metaux precieux perspective, la Decouverte (Discovery) situe dans le nord du Quebec.

A propos de Durango

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

Tags: #mining, #smallcapstocks, $TSXV, lithium
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Recent Developments in the Lithium Market

Posted by AGORACOM-JC at 11:06 AM on Friday, November 20th, 2015

Sales of electric vehicles (â€œEVsâ€) have increased significantly in 2015 due to a strong market in Europe and China
According to global market research firm TrendForce, the worldwide sales of EVs for the first three quarters of 2015 have increased 31% year on year to 330,000 units, with China accounting for the largest share, partly due to government support

Following up on Avalon Rare Metalsâ€™ July 13, 2015 Industry Bulletin â€œGrowing lithium demand creates new opportunities for Avalonâ€™s Separation Rapids Project,â€ we are pleased to provide an update on the lithium market, where demand for lithium chemicals is growing and prices are rising.

Sales of electric vehicles (â€œEVsâ€) have increased significantly in 2015 due to a strong market in Europe and China. According to global market research firm TrendForce, the worldwide sales of EVs for the first three quarters of 2015 have increased 31% year on year to 330,000 units, with China accounting for the largest share, partly due to government support. This has had a positive effect on demand for lithium-ion batteries and in turn for lithium chemicals.

On September 15, 2015, FMC Corporation announced that effective October 1, 2015 it would increase prices for the lithium products it sells including lithium carbonate, lithium chloride and lithium hydroxide in all global regions by 15% as â€œmarket growth is outpacing current industry supply capabilities,â€ according to Chris Senyk, global marketing director at FMC Corporation.

Also, the Xinhua Finance Agency recently reported on some transactions earlier this year inside China for battery grade lithium carbonate priced in the range of 58,000 – 60,000 yuan per metric ton (US$9,100â€“9,400 per tonne)*, an increase of between 9% and 11% from earlier this year. Note that lithium chemicals are not traded on a commodities exchange and prices reported represent periodic spot transactions.

The trend of increasing demand for EVs is consistent with Stormcrow Capitalâ€™s forecast of May 2015 in which they anticipate demand for lithium for batteries to triple in the next ten years and the overall demand for lithium to double during the same period. Stormcrow also expects that this demand will outpace supply growth over the next five years.

Yesterday, Nemaska Lithium Inc. (â€œNemaskaâ€) announced the signing of a Memorandum of Understanding (â€œMOUâ€) with Johnson Matthey Battery Materials Ltd (â€œJMBMâ€) of Candiac, Quebec. The MOU contemplates an up-front payment by JMBM of $12 million in return for future services and products of the same value. The MOU also includes provisions for a long term supply agreement between Nemaska and JMBM for lithium hydroxide and carbonate. This demonstrates that some consumers of lithium are taking action now to secure long term future supplies from emerging producers.

In September 2014, Tesla Motors announced plans to build a â€œGigafactoryâ€ in Nevada to produce Li-ion batteries for its future electric cars. In April 2015, Tesla CEO Elon Musk unveiled the Li-ion â€œPowerwallâ€ battery for home energy storage. One of the ways improvements in energy density are being achieved is through utilization of ever higher purities of input raw materials including lithium chemicals. Simon Moores, Managing Director of Benchmark Minerals Intelligence, recently stated that â€œTesla will single-handedly increase lithium hydroxide demand by 50% on 2013 levels at a time when demand is also increasing from other battery producers that are expanding lithium-ion cell output on a significant scale. Should the company be looking to purchase even 10,000 tonnes today, the industry would not be able to meet this demand.â€

Benchmark Minerals Intelligence provides independent data and analysis on the lithium ion battery supply chain. Mr. Moores will be joining Avalonâ€™s CEO Don Bubar at the Companyâ€™s presentation on the Separation Rapids Lithium Project to investors in London on November 26, 2015 and will talk specifically about the market for the critical materials used in the lithium ion battery. Please contact Andrew Keen at [email protected] for more information about this evening event.

For questions or feedback, please email Avalon at [email protected].

About Avalon Rare Metals Inc.
Avalon Rare Metals Inc. (TSX & NYSE MKT: AVL) is a Canadian mineral development company specializing in niche market metals and minerals which are in growing demand in new technology. The Company has three advanced stage projects, all 100%-owned, providing investors with exposure to lithium, tin and indium, as well as rare earth elements, tantalum, niobium and zirconium. Avalon is currently focusing on its Separation Rapids Lithium Project, Kenora, ON and its East Kemptville Tin-Indium Project, Yarmouth, NS. Social responsibility and environmental stewardship are corporate cornerstones.

130 Adelaide St. W, Suite 1901
Toronto, ON M5H 3P5
Tel: (416) 364-4938
Email: [email protected]

Tags: #mining, #smallcapstocks, $TSXV, Electric Vehicles, lithium
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Supreme Strengthens Management Team with Appointment of New Director

Posted by AGORACOM-JC at 9:35 AM on Thursday, November 19th, 2015

Appointment of Navdeep Dhaliwal to the Company’s Board of Directors.
Mr. Dhaliwal’s primary focus will be the development of Supreme’s go-to-market strategy in addition to corporate development and capital markets initiatives

TORONTO, ONTARIO–(Nov. 19, 2015) – Supreme Pharmaceuticals Inc. (the “Company” or “Supreme”) (OTC PINK:SPRWF)(CSE:SL) is pleased to announce the appointment of Navdeep Dhaliwal to the Company’s Board of Directors. Mr. Dhaliwal’s primary focus will be the development of Supreme’s go-to-market strategy in addition to corporate development and capital markets initiatives. “This is an exciting time for Supreme. I am looking forward to working with Supreme’s leadership team to leverage my experiences growing businesses, particularly in the online space,” said Mr. Dhaliwal.

Mr. Dhaliwal is a Chartered Accountant and currently serves as the principal of NLX Capital Corp., a Toronto-based corporate development firm focused primarily on technology and renewable energy. Mr. Dhaliwal was recently retained by a Toronto software company where he successfully expanded the company’s business into South East Asia, where Mr. Dhaliwal has extensive business experience.

Mr. Dhaliwal has been involved in the Canadian medical marijuana space for two years prior to joining Supreme and states: “I believe there is a strong positive outlook for the Canadian marijuana industry, particularly amongst producers harnessing the power of sunlight to reduce costs and improve sustainability.”

Concurrent with Mr. Dhaliwal’s appointment, the Supreme’s Board of Directors accepted the resignation of Allan Levien, a long serving director of the Company. Supreme thanks Mr. Levien for his years of dedicated service and wishes him the best in all of his present and future endeavours. Supreme’s President, John Fowler commented: “Mr. Levien was instrumental in transitioning Supreme into the cannabis industry and I am thankful for his vision. I am also very excited to welcome Mr. Dhaliwal to Supreme’s Board of Directors, as he will play an integral role for us as we plan to hit the ground running in the next phase of our business development.”

About Supreme

Supreme is a Canadian publically traded company committed to becoming a leading supplier of affordable medical cannabis achieved by applying commercial agriculture practices to medical cannabis production. Supreme’s flagship facility is a 342,000 sq. ft. hybrid greenhouse located in Kincardine, Ontario, which has been designed to maximize production efficiencies allowing the Company to pass savings along to its future patients.

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. This news release includes forward-looking statements with respect to the timing on competition of the MMPR License conditions for its Southern Ontario facility and the start of production. Since forward-looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. 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 and such factors as the Company failing to acquire final MMPR licenses and put the same into production. 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.

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

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CLIENT FEATURE: (DSF: TSX-V) Capitalizing on Brazilâ€™s Growing Demand for Fertilizer

Posted by AGORACOM-JC at 10:12 AM on Wednesday, November 18th, 2015

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

Our 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 worldâ€™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 MineraÃ§Ã£o Batalha e ParticipaÃ§Ãµes Ltda. to acquire the SÃ£o Roque Phosphate Project in southeast Brazil.

The Project’s highlights include:

Located within the agribusiness region of Minas Gerais and SÃ£o 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.

BRAZILâ€™S DOMESTIC FERTILIZER SUPPLY DOES NOT MEET CURRENT DEMANDS

Worldâ€™s largest exporter of sugar, coffee and orange juice and the 2^nd 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

DuSoloâ€™s is increasing the supply of domestically produced fertilizers

Helping the country achieve agricultural self-sufficiency

FLAGSHIP ASSET LOCATED IN ONE OF THE WORLDâ€™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 DuSoloâ€™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

Tags: #mining, #smallcapstocks, $TSXV, brazil, farming, fertilizer
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Durango Commences Further Exploration on Decouverte

Posted by AGORACOM-JC at 6:10 PM on Monday, November 16th, 2015

Reports that the exploration crew has been mobilized and has arrived on its Decouverte (Discovery) property in northern Quebec
Received a grant from the Institut National de la Recherche Scientifique (INRS) of Quebec to conduct deep geophysical surveys on its wholly-owned Decouverte property

Vancouver, BC / November 16, 2015 – Durango Resources Inc. (the “Company” or “Durango”) reports that the exploration crew has been mobilized and has arrived on its Decouverte (Discovery) property in northern Quebec. As previously announced on its news release dated June 1, 2015, Durango received a grant from the Institut National de la Recherche Scientifique (INRS) of Quebec to conduct deep geophysical surveys on its wholly-owned Decouverte property.

Marcy Kiesman stated, “We believe that partnering with the INRS will help to define precise drill targets over the two large linear electromagnetic anomalies running through the Decouverte property. The program is being undertaken with nominal expense to shareholders and Decouverte remains a compelling project due to its volcano-sedimentary environment and structural geology. Further updates will be provided as they become available.”

About Decouverte

The Decouverte property is in the Frotet-Evans greenstone belt approximately 60 kilometres southwest of the former Troilus copper-gold mine, which produced over two million ounces Au and 50,000 tonnes Cu from 1997 to 2010. The property covers approximately 5,900 hectares covering a synclinal fold nose of Archean units transected by a major northeast-trending shear zone. Durango carried out a helicopter-borne DIGHEM EM/magnetic airborne geophysical survey on the property in 2011 (NR Nov. 24, 2011) and soil geochemistry and prospecting in 2013 and 2014 targeting areas identified in the airborne survey. The geological setting is mainly mafic volcanics (basalts/andesites), in places strongly sheared, cut by pegmatitic granitic units, and significant sedimentary, oxide and sulphide facies iron formation units. Alteration including silica, sericite and iron carbonate is noted. Significant soil values included 174 ppb gold, 0.66 ppm silver, 150 ppm nickel, 200 ppm copper and 240 ppm barium. Chip/channel rock samples gave values of 7.6 g/t gold and 6.24 g/t gold hosted in narrow quartz veins in mafic volcanics, in the contact area with the pegmatitic granite. The property is located 100 kilometres north of Chibougamau, Quebec and benefits from favourable infrastructure, including road accessibility, being 10 kilometres from Route du Nord, and a power line that bisects the property.

About Durango

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

Tags: #mining, #smallcapstocks, $TSXV
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Durango to Review Additional Lithium Projects

Posted by AGORACOM-JC at 11:41 AM on Monday, November 16th, 2015

Reviewing several other lithium projects submitted to the Company by third parties.

The projects are in the areas of:

Alberta Lithium Brine near Lithium Exploration Group;
Adjacent Nemaska Lithium ground not currently owned by Durango; and
Property near Pure Energy Minerals in Clayton Valley, Nevada which is also lithium brine.

Vancouver, BC / November 16, 2015 – Durango Resources Inc. (the “Company” or “Durango”) reports that the board of directors is reviewing several other lithium projects submitted to the Company by third parties. The projects are in the areas of:

-Alberta Lithium Brine near Lithium Exploration Group;

-Adjacent Nemaska Lithium ground not currently owned by Durango; and

-Property near Pure Energy Minerals in Clayton Valley, Nevada which is also lithium brine.

Marcy Kiesman stated, “Durango has received numerous calls and emails related to available lithium projects with green energy potential and the Company will review the projects and conduct due diligence as required.”

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 and 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

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.

Tags: #mining, #smallcapstocks, $TSXV, lithium
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Durango to Explore Discovery and Reveals Lithium in Quebec

Posted by AGORACOM-JC at 12:51 PM on Thursday, November 12th, 2015

Announces that its Decouverte (Discovery) work geophysical exploration program with partner Institut National de la Recherche Scientifique (INRS) of Quebec is on track to commence within the next 10 days
Marcy Kiesman stated, “The NMX East property is one that Durango has been interested in for some time due to its green energy potential and that it is located along the Route Nord not too far away from the Decouverte project in northern Quebec…”

In addition to the Decouverte property, Durango owns projects related to LNG, nickel and lithium which are all green energy related projects located within stable political and mining friendly jurisdictions. Durango holds a 100% interest in a lithium property tied to Nemaska Lithium Inc.’s (TSX.V-NMX) Whabouchi property in Quebec. The NMX East property was staked by management in December of 2014 and has an all season road access via the Route Nord. The property is 400 hectares and is located within a few kilometres of Nemaska’s proposed mining pit. Nemaska Lithium is developing the world’s newest lithium mine in Quebec and has signed agreements with its key stakeholders, gained the required permits and was recently awarded both Federal Environmental Approval and the Province of Quebec Mine Approval.

Marcy Kiesman stated, “The NMX East property is one that Durango has been interested in for some time due to its green energy potential and that it is located along the Route Nord not too far away from the Decouverte project in northern Quebec. The Company is committed to providing shareholders with alternative green energy related mineral exploration projects in the areas of investor interest.”

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 and 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

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.

Tags: #mining, #smallcapstocks, $TSXV, lithium
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