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FEATURE: Explor $EXS.ca Flagship Hosts NI 43-101 Resource – 609K Oz Indicated, 470K Oz Inferred Gold $EXN.ca $HBE.ca $OSK.ca

Posted by AGORACOM-JC at 5:45 PM on Monday, June 4th, 2018

Why Explor Resources?

  • Flagship Property Offers The Following:
  • NI 43-101 Resource – 609,000 oz Indicated / 470,000 Inferred Gold
  • Property Is 13 KM From Downtown Timmins
  • Preliminary Metallurgical Testing on the low grade near surface gold ore completed
    • A representative sample from diamond drill holes in the area of the potential open pit
    • 45 kilogram composite sample of mineralized diamond drill core was sent to SGS Minerals Services for metallurgical test-work
  • 2nd Project 43-101 Open Pit Resource
  • 1.4 MILLION T Indicated @ 1.38% Copper
  • 2.09 MILLION T Inferred @ 1.26% Copper

WATCH OUR RECENT INTERVIEW

FULL DISCLOSURE: Explor Resources is an advertising client of AGORA Internet Relations Corp.

American Creek $AMK.ca Reports on Resource Estimate Progress at Treaty Creek Project $SEA $SA $SKE.ca $TUD.ca $PVG

Posted by AGORACOM-JC at 2:40 PM on Monday, June 4th, 2018

Hublogolarge2 copy

  • Released an update on the Copper Belle preliminary resource estimate progress at the Treaty Creek project located in the “Golden Triangle” of northwestern British Columbia
  • Tudor has announced that another 8 to 16 holes to depths of greater than 700 m are recommended in order to publish a preliminary resource estimate

Cardston, Alberta–(June 4, 2018) – American Creek Resources Ltd. (TSXV: AMK) (OTC Pink: ACKRF) (“American Creek”) today announced that Treaty Creek JV partner Tudor Gold (“Tudor”) has released an update on the Copper Belle preliminary resource estimate progress at the Treaty Creek project located in the “Golden Triangle” of northwestern British Columbia. Tudor has announced that another 8 to 16 holes to depths of greater than 700 m are recommended in order to publish a preliminary resource estimate.

Walter Storm, President and CEO of Tudor Gold (the operator), commented: “Our first priority now is to complete the work for our resource estimate followed by drilling other exciting targets confirmed by Simcoe Geoscience. The geophysical survey that combined acquired data from magnetotellurics (MT), magnetometer (Mag) and electromagnetic (EM) surveys has provided Tudor with several high priority anomalous drill targets. We expect that this summer’s drill program will be very busy.”

Figure 1: Copper Belle 3D Image

To view an enhanced version of Figure 1, please visit:
http://orders.newsfilecorp.com/files/682/35010_a1528136173564_72.jpg

In Figure 1 above, you can clearly see that the north end face of Copper Belle (right) is cut-off demonstrating a continuation of the mineralized zone to the north. When looking at Figure 2 below, the Copper Belle anomaly also shows a strong continuation of mineralized structure that is open to the north, west and to depth. This was verified in the 2017 drill results and supports Tudor’s priority focus for 2018 drilling on the Copper Belle extensions. The Konkin Zone anomaly is a high priority exploratory drill target that previously generated 870 g/t Au over a 1.2m channel sample.

Figure 2: Treaty Creek Anomalies

To view an enhanced version of Figure 2, please visit:
http://orders.newsfilecorp.com/files/682/35010_a1528136173908_32.jpg

In Figure 3 below, an intense anomaly has been identified adjacent to the RR Zone and GR2 Zones and represents another high priority exploration drill target. The GR2 assays from 2017 indicated a high grade strata-vein feeder system adjacent to this large anomaly. A feeder system that Tudor suggests will continue into the anomaly.

Figure 3: GR2 & RR Zone Magnetotelluric Hot Spot

To view an enhanced version of Figure 3, please visit:
http://orders.newsfilecorp.com/files/682/35010_a1528136174267_83.jpg

Darren Blaney, President and CEO of American Creek, stated: “As the correlation between the drilling and the geophysical work is now becoming clearer, and new targets emerge, the potential of Treaty Creek continues to impress. We very much look forward to Tudor advancing the Copper Belle resource estimate as well as expanding the drill program to other high priority targets.”

Qualified Person

The Qualified Person for the analytical information in this new release is James A. McCrea, P.Geo, for the purposes of National Instrument 43-101. He has read and approved the scientific and technical information that forms the basis of the disclosure contained in this news release.

Background on the Treaty Creek Project

The Treaty Creek Project is situated immediately north of Seabridge Gold’s KSM property located in BC’s Golden Triangle along the Sulphurets and Brucejack fault systems that continue northward into the Treaty Creek property.

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

A summary of the Treaty Creek Project can be viewed here:

http://www.americancreek.com/images/pdf/Treaty_Creek_Joint_Venture_Project.pdf

About American Creek

American Creek holds a strong portfolio of gold and silver properties in British Columbia. The portfolio includes three gold/silver properties in the heart of the Golden Triangle; the Treaty Creek and Electrum joint ventures with Walter Storm/Tudor, as well as the recently acquired 100% owned past producing Dunwell Mine. Other properties held throughout BC include the Gold Hill, Austruck-Bonanza, Ample Goldmax, Silver Side, and Glitter King.

For further information please contact Kelvin Burton at: Phone: 403 752-4040 or Email: [email protected]. Information relating to the Corporation is available on its website at www.americancreek.com

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

Star Announces $SNA.ca STAR-ISAMM™ In-Flight System Aided Medical Monitoring system

Posted by AGORACOM-JC at 1:12 PM on Monday, June 4th, 2018

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  • Announce its R&D Department has completed development of its In-Flight System Aided Medical Monitoring system
  • Utilizing Star’s patented STAR-A.D.S. ® System, STAR-ISAMM™ directly addresses the need to improve the in-flight transmission to a hospital of medical data concerning an on-board emergency patient

TORONTO, June 04, 2018 – Star Navigation Systems Group Ltd. (CSE:SNA) (CSE:SNA.CN) (OTCQB:SNAVF) (“Star” or the “Company”) is pleased to announce that its R&D Department has completed development of its In-Flight System Aided Medical Monitoring system (“STAR-ISAMM™â€). Utilizing Star’s patented STAR-A.D.S. ® System, (an on-board, real-time flight data monitoring and tracking system), STAR-ISAMM™ directly addresses the need to improve the in-flight transmission to a hospital of medical data concerning an on-board emergency patient.

The STAR-ISAMM™ system interfaces with existing bio-medical equipment aboard the MEDEVAC helicopter. It securely transmits the patients’ vital signs and other critical information directly to receiving hospital physicians through SATCOM or GSM, as well as providing tracking and location of the vehicle. This allows the early assessment and initiation of the best possible care plan, well before the patient arrives. While the most obvious application is to Helicopter Emergency Medical Services, the System is equally adaptable to both ambulance and commercial airline usage.

In response to discussions with the Emergency Medical Service industry, Star’s R&D Department has been working on this project for several years. Recent breakthroughs in Star’s technology have led to today’s announcement.

The STAR-ISAMM™ prototype has already been demonstrated and Star expects that this will significantly enhance:

  • Interfacing with EMS, in the air and on the ground, improving on scene care and care in transit.
  • Providing better patient care with a seamless hospital virtual environment. The patient will be already ‘admitted’ to the hospital care service while being transported.

Star intends to start fielding the STAR-ISAMM™ system this year, starting with the helicopter EMS segment.

Star’s R&D department will continue to rapidly develop the system, with the addition of new features through technological evolution.

About Star Navigation:

Star Navigation Systems Group Ltd. owns the exclusive worldwide license to its proprietary, patented In-flight Safety Monitoring System, STAR-ISMS®, the heart of the STAR-A.D.S. ® System. Its real-time capability of tracking performance trends and predicting incident-occurrence enhances aviation safety and improves fleet management while reducing costs for the operator.

Stars’ M.M.I. Division designs and manufactures high performance, mission critical, flight deck flat panel displays for defence and commercial aviation industries worldwide. These displays are found on aircraft and simulators, from P-3 Orion and C-130 aircraft, to Sikorsky and AgustaWestland helicopters, as examples.

Certain statements contained in this News Release constitute forward-looking statements. When used in this document, the words “may”, “would”, “could”, “will”, “expected” and similar expressions, as they relate to Star or its management are intended to identify forward-looking statements. Such statements reflect Star’s current views with respect to future events and are subject to certain risks, uncertainties and assumptions. Many factors could cause Star’s actual performance or achievements to vary from those described herein. Should one or more of these factors or uncertainties materialize, or should assumptions underlying forward-looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected. Star does not assume any obligation to update these forward-looking statements, except as required by law.

Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of the content of this release.

Please visit www.star-navigation.com or

Jean-Louis Larmor, (416) 252-2889 Ext. 230

[email protected]

Major bank CEOs say #blockchain will underpin the financial industry ‘in five years’ $SX $SX.ca $SXOOF $IDK.ca $AAO.ca $HPQ.ca

Posted by AGORACOM-JC at 11:28 AM on Monday, June 4th, 2018
  • Banks have invested millions in developing blockchain applications in recent years, as part of a broader industry effort to try to cut costs and simplify their back-office processes.
  • Rather than a centralized system, blockchain allows multiple parties to have simultaneous access to a constantly updated ledger that cannot be changed.
  • “We believe there is huge promise in blockchain. It is early times in this technology but it can bring about more efficient processes,” Carlos Torres Vila, CEO of BBVA, told CNBC on Monday

Sam Meredith | @smeredith19

Apple, Facebook and other big tech can be a threat — or a partner: ING CEO   7 Hours Ago | 02:48

Blockchain technology could soon revolutionize the global banking industry, according to the chief executives of two major European lenders.

Banks have invested millions in developing blockchain applications in recent years, as part of a broader industry effort to try to cut costs and simplify their back-office processes. The technology, which is perhaps better known as the software powering cryptocurrencies such as bitcoin, was initially treated with skepticism by international lenders.

However, the use of blockchain in the banking industry is increasingly viewed as a proficient way of reducing the risk of fraud, with some banks now hailing its potential.

“So, if you look at blockchain… I think the banks are really working on this now because the potential is so huge and if the top five, six global banks would put their minds to it and agree on a standard, you could force (that) standard onto the globe,” Ralph Hamers, chief executive of ING Group, told CNBC’S Arjun Kharpal at the Money 2020 fintech conference in Amsterdam on Monday.

“And I think that you can actually then get to a timeframe of five or six years in which this will work,” he added.

‘Huge promise’

Rather than a centralized system, blockchain allows multiple parties to have simultaneous access to a constantly updated ledger that cannot be changed. That makes cheating the system by faking documents, transactions or any types of information, nearly impossible.

Fascinating to see crossborder M&A in European banking back on center stage: BBVA   4 Hours Ago | 02:56

“We believe there is huge promise in blockchain. It is early times in this technology but it can bring about more efficient processes,” Carlos Torres Vila, CEO of BBVA, told CNBC on Monday.

When asked whether he was as optimistic as ING’s Hamers in predicting that blockchain technology could be rolled out throughout the industry over the next five years, Torres Vila replied: “I am, I think it does have that promise and I think that timeframe should be about right… but we will see how it develops.”

Source: https://www.cnbc.com/2018/06/04/major-bank-ceos-say-blockchain-will-underpin-the-financial-industry-in-five-years.html

FEATURE: American Creek $AMK.ca encounters high grade #Gold / #Silver at Treaty Creek, same system as #Seabridge Gold $SEA $SA $SKE.ca $TUD.ca $PVG

Posted by AGORACOM-JC at 10:26 AM on Monday, June 4th, 2018

AMK: TSX-V, OTCBB: ACKRF

Geology, geophysics, and exploration on Treaty Creek indicate potential for world class deposits.

  • Adjoining Pretivm and Seabridge Gold claims (Snowfield / Brucejack / VOK / KSM)
  • Intersected various mineralized zones
  • Most significant was 337.5m of continuous mineralization grading 0.76 g/t gold from 2 to 339.5m depth,
  • Including a higher grade intercept of 124.5m grading 0.98 g/t gold from 53.0 to 177.5m

Hub On AGORACOM / Corporate Profile

FULL DISCLOSURE: American Creek Resources is an advertising client of AGORA Internet Relations Corp.

The #blockchain explained for non-engineers $SX.ca $SXOOF $IDK.ca $AAO.ca $HPQ.ca

Posted by AGORACOM-JC at 3:27 PM on Friday, June 1st, 2018
  • Blockchain buzz is inescapable
  • While the technology has transformed some companies and minted fresh millionaires in a dazzlingly short period of time,
    • blockchain is as confounding as it is powerful
  • If you’re confused by the hype, you’re not alone

What is blockchain? Is blockchain tech limited to Bitcoin? What is blockchain’s relationship to cryptocurrency? What are blockchain-related jobs? We answer these questions about blockchain and more.

By Dan Patterson | June 1, 2018 — 15:01 GMT (08:01 PDT) | Topic: How Blockchain Will Disrupt Business

Blockchain buzz is inescapable. And while the technology has transformed some companies and minted fresh millionaires in a dazzlingly short period of time, blockchain is as confounding as it is powerful. If you’re confused by the hype, you’re not alone.

This ebook, based on the latest ZDNet/TechRepublic special feature, looks at how blockchain is shaking up the economy and changing the way individuals and enterprises conduct business.

The blockchain is a decentralized, vettable, and secure technology that has, in less than a decade, become a powerful driver of digital transformation poised to help create a new employment economy. Evangelists claim blockchain tech will disrupt industrial supply chains, streamline real estate transactions, and even redefine the media industry. “Think of blockchain as the next layer of the internet,” said Tom Bollich, CTO of MadHive. “HTTP gave us websites … now we have blockchain, which is like a new layer of computing.”

SEE: The executive’s guide to implementing blockchain technology (PDF) (TechRepublic)

Employment data seems to validate blockchain’s current hype cycle. Google search data indicates a cresting wave of interest in the tech, and according to Indeed.com searches for blockchain-related jobs spiked nearly 1000 percent since 2015. Enterprise organizations like Capital One, Deloitte, ESPN, and eBay are hiring blockchain engineers, retraining project managers to facilitate integrations, and even searching for specialized attorneys.

Image: Google Search Trends

But while the technology’s applications seem nearly limitless, understanding how the blockchain works and why it’s important is challenging, even for technology and IT professionals. The blockchain is, fundamentally, an ever-expanding database. Just like a bank record, every transaction is logged and then made available to the public. The database relies on a novel method of encryption, allowing developers to verify the authenticity of each transaction.

The database is strengthened with each transaction, so to incentivize so-called ‘miners’ — individuals or organizations that use powerful GPUs to solve algorithmic challenges — each chain releases a digital ‘coin’, commonly referred to as cryptocurrency. The Bitcoin blockchain releases nodes — or, blocks — of transaction data every 8 to 10 minutes. Miners receive a portion of a coin for their effort, and the chain’s encryption is strengthened. Because the code is open and viewable by anyone with a computer, blockchain tech is often referred to as a ‘public ledger’ of activity.

Although most often associated with Bitcoin, the blockchain can be stamped with a vast spectrum of data, said Bollich’s co-founder and Riot Blockchain’s CEO John O’Rourke in an interview with TechRepublic. “It’s basically basing your faith in math [as opposed to] faith in some other trusted party that could potentially be hacked,” he said. “The blockchain allows all of that [activity] to be digitized, and secured with every single transaction on that ledger.”

Image: Satoshi NakamotoDigital currency is attractive to some because the coins are algorithmically dispensed and not controlled by a government. In the latter half of 2017 and first half of 2018 initial coin offerings — ICOs — raised billions in speculative funding.

SEE: What is blockchain? Understanding the technology and the revolution (PDF) (TechRepublic)

However, a wise man once said, “Don’t believe the hype.” When it comes to cryptocurrency and blockchain hype, we should all learn from Flavor Flav’s immutable wisdom. It’s nearly impossible to accurately value cryptocurrency. Some currencies are easy to hack. Most coins falter or never gain market traction, and established coins like Bitcoin and Ether often fluctuate wildly in price. Government regulation seems inevitable, and the SEC is cracking down on fraudulent traders.

Analysts at research firm Gartner, though still bullish on the long-term future of blockchain tech, are quick to caution that enterprise integration is not as easy as the hype might imply. According to a recent report, 14 percent of CSOs expressed concern that the technology will require significant organizational and cultural changes of the IT department. Another 77 percent of CIOs said their organization has no short-term interest in blockchain technology.

Alex Feinberg, a former Google exec and COO of Petram Security, remains confident in the long-term future of blockchain tech. Blockchain startups are on the rise, he noted, and the employment landscape is rosy for talented programmers and integration experts.

“As I started understanding what investment banks did and as I started understanding how the banking system was constructed, and as I understood how money was created,” Feinberg said, “it became apparent to me that the US government, the US banking system was in a bind.” The solution, he said, was decentralization. And the technological key to innovative decentralization? “The blockchain.”

Source: https://www.zdnet.com/article/the-blockchain-explained-for-non-engineers/

FEATURE: Peeks Social $PEEK.ca Live Streaming App Allowing Users to Interact in Real-time, $2.9M in 9 Month Revenues, 5.8M Quarterly User Sessions $BCOV $AVID

Posted by AGORACOM-JC at 12:00 PM on Friday, June 1st, 2018

WHAT IS PEEKS?

Peeks is a new live streaming app where people can interact and transact in real time by sending cash tips as appreciation for content and or selling goods and services to their live viewers.

RECENT HIGHLIGHTS

  • $2,980,842 of gross revenue for nine months ended Sept. 30, 2017
  • Q3 2018 user sessions on the Peeks Social platform grew to 5.8 million,
    • Up from 4.6 million in Q2 2018
  • Peeks Social app set additional monthly deposit records in each month from September 2017 to January 2018
  • Completed Personas Acquisition Read More
  • Reported on next phase of Peeks Social branded VisaTM prepaid card Read More

FULL DISCLOSURE: Peeks Social is an advertising client of AGORA Internet Relations Corp.

Explor $EXS.ca Completes Preliminary Metallurgical Testwork on #Timmins Porcupine West #Gold Property $EXN.ca $HBE.ca $OSK.ca

Posted by AGORACOM-JC at 3:18 PM on Thursday, May 31st, 2018

Exs logo

  • Announced completion of Preliminary Metallurgical Testing on the low grade near surface gold ore on the Timmins Porcupine West Property
  • Selected a representative sample from diamond drill holes in the area of the potential open pit
  • 5 kilogram composite sample of mineralized diamond drill core was sent to SGS Minerals Services in Lakefield, Ontario for metallurgical test-work

ROUYN-NORANDA, Quebec, May 31, 2018 – Explor Resources Inc. (“Explor” or “the Corporation”) (TSX-V:EXS) (OTCQB:EXSFF) (FSE:E1H1) (BE:E1H1) is pleased to announce the completion of Preliminary Metallurgical Testing on the low grade near surface gold ore on the Timmins Porcupine West Property (the “TPW Property” or  the “Property”). Explor selected a representative sample from diamond drill holes in the area of the potential open pit. A 45 kilogram composite sample of mineralized diamond drill core was sent to SGS Minerals Services in Lakefield, Ontario for metallurgical test-work.

The test program included sample preparation, characterization, and flowsheet development testing. Ore characterization included grindability, mineralogy by QEM-RMS (QEMSCAN) rapid mineral scan, and chemical head grade analysis. Flowsheet development testwork focused on gravity separation, as well as flotation and cyanidation of gravity separation tailing.

In summary, the composite sample was analyzed by a screened metallics protocol and resulted in a head grade of 2.64 g/tonne gold. Testing indicated very little silver and negligible arsenic in the composite sample. It was noted that most of the sulphide sulfur was present as Pyrite (3.07%), Chalcopyrite (approximately 0.12%) and Pyrrhotite (0.02%). The Bond Mill work index was determined to be 13.1 Kwh/tonne. A gravity test was conducted and it was determined that the 37.5% of the gold exists as microscopic free gold, indicating that in any future mill design a gravity circuit will be necessary at the front end of the concentrator. Flotation testing indicated that up to 93% of the gold can be recovered as a pyrite concentrate. Cyanide leach test were conducted on the pyrite concentrate and greater than 94% gold extraction was achieved over a 24 hour period. The gold is not refractory and is not locked within the pyrite. A testing of the tailings product (ABA and NAG testing) indicates that there is no potential for acid generation in the flotation tailings material.

Chris Dupont, President and Chief Executive Officer of Explor Resources Inc. commented: “We are very excited about these preliminary Metallurgical results. The low Bond work index combined with the high percentage of free gold and potential greater than 93% gold recovery and with the fact that there is no potential for acid generation in the tailings material make this property very valuable from a development perspective.”

The highlights of the reported test-work includes the following results:

  • Gold analysis by screened metallics protocol at +/-150 mesh (106 μm) yielded a head grade of 2.64 g/t Au with >20% of the gold in the coarse fraction indicating favorable recovery by gravity.
  • Silver reported at less than the AAS detection limit of +/-0.5 g/t while sulphide sulphur, total carbon and arsenic were assayed at 1.48%, 0.7% and <0.001%, respectively.
  • Based on the semi-quantitative QEM-RMS analysis, most of the sulphide sulphur was present as pyrite (3.07%). Chalcopyrite was the second most abundant sulphide mineral at ~0.12% and pyrrhotite was third at 0.02%.
  • The Bond ball mill grindability test results indicated that the ore fell in the low medium range of hardness, at 13.1 kWh/tonne. The ore fell at the 36th  percentile compared to the SGS database.
  • In a batch gravity separation test completed, gravity gold recovery to a low mass concentrates (~0.04% of the feed mass) yielded a gold recovery of 37.5% at a primary grind size P80 of ~130 μm. These initial results suggest a high probability of significant potential for the use of gravity circuit at the front end of the mill. Additional gravity separation testwork is recommended in any future studies.
  • Rougher flotation tests on gravity separation tailings indicated that gold recoveries in the ~93% range (including the gold recovered by gravity separation) were achievable in ~5% mass pull at a P80 of ~130 μm. There appeared to be an improvement in gold recovery with finer grinding (to P80 = 59 μm).
  • Additional testing will be required to optimize the primary grind size for optimal rougher flotation performance. Additional test work is recommend, examining the cleaning characteristics of the rougher concentrate. It may be possible to generate a cleaner flotation concentrate approaching 50 g/tonne Au, compared to the ~30 g/t generated preliminary metallurgical in the preliminary rougher flotation testwork. Locked cycle flotation testing is also recommended to establish a more realistic understanding of potential gold recovery in closed-circuit in a flotation plant.
  • Cyanide leach tests examining the impact of grind size on gold recovery from the gravity separation tailings indicated gold extractions >94% (including gravity separation gold recovery) at P80’s of 74 μm or finer. Although the gold appears to be associated with pyrite and floats well with pyrite, it is not refractory and locked in the pyrite. Gold leaching appeared to be essentially complete within 24 hours.
  • Further testing to optimize cyanide leach parameters is recommended. This testing should address the optimization of feed particle size, leach retention time, pulp density, and cyanide dosage. This testing should encompass leaching of both whole ore (gravity tailings) as well as float concentrates. Subsequent work is recommended to evaluate the gold recovery circuit (CIP or CIL) and establish preliminary design criteria.
  • Baseline environmental evaluation (ABA and NAG testing) of a tailing representing a gravity +rougher flotation flowsheet indicated there is no potential for acid generation in flotation tailings material.

Chris Dupont, P.Eng is the qualified person responsible for the information contained in this release.

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

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

About Explor Resources Inc.

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

For further information please contact:            

Christian Dupont, President    
Tel: 888-997-4630 or 819-797-4630    
Fax: 819-797-1870    
Website: www.explorresources.com    
Email: [email protected]

 

$GR.ca Great Atlantic Commences 2018 Exploration Program – Golden Promise Gold Property – Central Newfoundland

Posted by AGORACOM at 10:05 AM on Thursday, May 31st, 2018

 

  • Cash payment of $25,000 and issuance of 75,000 shares upon signing a definitive agreement (Paid and Issued);
  • Issue $50,000 in shares on the 12-month anniversary of the definitive agreement; the number of shares to be issued will be based on the 10 day VWAP immediately prior to the anniversary date; and
  • Explorex will incur a total expenditure of $750,000 (including all underlying payments) over a period of 4 years; of which $100,000 will be a firm commitment on or before the first anniversary of the definitive agreement.

Vancouver, British Columbia (FSCwire)GREAT ATLANTIC RESOURCES CORP. (TSXV.GR) (the “Company” or “Great Atlantic”) is pleased to announce that Explorex Resources Inc (CSE-EX) has executed the Option Agreement to acquire a 75% interest in the Kagoot Brook Cobalt Project in New Brunswick (“Kagoot Brook”) from Great Atlantic. Furthermore, Explorex is planning to perform a comprehensive exploration program this summer.

Option Agreement

The Kagoot Brook property, is 100% owned by Great Atlantic and is subject to an underlying agreement with a prospecting syndicate.  The agreement to acquire a 75% interest in the Project is subject to the following terms:

  • Cash payment of $25,000 and issuance of 75,000 shares upon signing a definitive agreement (Paid and Issued);
  • Issue $50,000 in shares on the 12-month anniversary of the definitive agreement; the number of shares to be issued will be based on the 10 day VWAP immediately prior to the anniversary date; and
  • Explorex will incur a total expenditure of $750,000 (including all underlying payments) over a period of 4 years; of which $100,000 will be a firm commitment on or before the first anniversary of the definitive agreement.

Upon earning 75% of the project, the parties will enter into a joint venture.  The terms will provide for a pro-rata dilution such that should Great Atlantic’s interest drop below 5%, it will revert to a 3% NSR.  Explorex will retain the right to buyback 2 percentage points at $ 1 million for each 1%, or portion thereof.  Should Great Atlantic seek to sell any portion of the remaining NSR, Explorex will retain a first right of refusal.

For additional details on the Kagoot Brook Project refer to Company news release dated February 14, 2018 or visit the Company’s website at www.greatatlanticresources.com

On Behalf of the board of directors

“Christopher R Anderson”

President CEO Director

604-488-3900 – Dir

Investor Relations:

Kaye Wynn Consulting Inc.: 604-558-2630, Toll Free: 888-280-8128

E-mail: [email protected]

About Great Atlantic Resources Corp.: Great Atlantic Resources Corp. is a Canadian exploration company focused on the discovery and development of mineral assets in the resource-rich and sovereign risk-free realm of Atlantic Canada,. Great Atlantic is currently surging forward building the company utilizing a Project Generation model, with a special focus on the most critical elements on the planet that are prominent in Atlantic Canada, Antimony, Tungsten and Gold.

St-Georges Eco-Mining $SX.ca $SXOOF Signs Agreement to Spin-Out Subsidiary #ZeU $HIVE.ca $BLOC.ca $CODE.ca

Posted by AGORACOM-JC at 9:50 AM on Thursday, May 31st, 2018

Sx large

  • Announced the signing of an arrangement agreement providing for the spin-out of its subsidiary ZeU Crypto Networks Inc
  • Intend to list ZeU on the Canadian Securities Exchange
  • Shareholders will receive 11,249,825 shares of Zeu,
    • representing one share of ZeU for every eight common shares of St-Georges held

Montreal, QC / May 31, 2018 – St-Georges Eco-Mining Corp. (CSE: SX) (OTC: SXOOF) (FSE: 85G1) is pleased to announce the signing of an arrangement agreement providing for the spin-out of its subsidiary ZeU Crypto Networks Inc. with the intent of listing ZeU on the Canadian Securities Exchange.

Under the terms of the Arrangement Agreement, shareholders of St-Georges at the time of the completion of the Spin-Out, anticipated to be the latter part of July, will receive 11,249,825 shares of Zeu, representing one (1) share of ZeU for every eight (8) common shares of St-Georges held based on the current issued and outstanding share capital. A St-Georges Shareholders’ meeting to approve the Arrangement Agreement is set for July 5, 2018 and proxy materials related to the meeting will be delivered to shareholders and made available on SEDAR in June 2018. A copy of the Arrangement Agreement will also be filed on SEDAR. The Arrangement Agreement is subject to the acceptance of the CSE.

ZeU holds an exclusive license to use Qingdao Tiande Technologies Limited and Beijing Tiande Technologies Limited’s (collectively “Tiande”) proprietary technologies, patents and know-how to develop and commercialize novel mineral commodity production chain control, tracking and trading exchanges, and has entered into a binding asset purchase agreement with Tiande, and the intervention Guiyang Tiande Technologies Limited, to acquire substantially all the intellectual property of Tiande, as more particularly described in St-Georges February 26 and May 22, 2018 press releases.

ON BEHALF OF THE BOARD OF DIRECTORS

“Frank Dumas”

FRANK DUMAS, PRESIDENT & CEO

About St-Georges

St-Georges is developing new technologies to solve the some of the most common environmental problems in the mining industry.

The Company controls directly or indirectly, through rights of first refusal, all of the active mineral tenures in Iceland. It also explores for nickel on the Julie Nickel Project & for industrial minerals on Quebec’s North Shore and for lithium and rare metals in Northern Quebec and in the Abitibi region. Headquartered in Montreal, St-Georges’ stock is listed on the CSE under the symbol SX, on the US OTC under the Symbol SXOOF and on the Frankfurt Stock Exchange under the symbol 85G1.

The Canadian Securities Exchange (CSE) has not reviewed and does not accept responsibility for the adequacy or the accuracy of the contents of this release.

The release contains forwarding looking information and statements as defined by law including, without limitation, Canadian securities laws and the “safe harbor” provisions of the US Private Securities Litigation Reform Act of 1995 (“forward-looking statements”), respecting St-Georges’ plans to spin-out its subsidiary ZeU. which is intended to be listed on the Canadian Securities Exchange. Forward-looking statements involve risks, uncertainties and other factors that may cause actual results to materially differ from those expressed or implied by the forward-looking statements including that the spin-out may not be completed as planned or at all due to failure to obtain shareholder or regulatory approval ,the inability to complete the Acquisition, raise sufficient capital to adequately fund ZeU or a decision of the board of St-Georges not to proceed, which decision can be made at any time prior to closing. Forward-looking statements are based on the opinions and estimates of management at the date the statements are made and a number of assumptions that may prove to be incorrect, including, without limitation, assumptions about general business and economic conditions, the timing and receipt of required approval and continued availability of capital and financing. Readers are cautioned not to place undue reliance on the forward-looking statements contained herein. The foregoing list is not exhaustive and St-Georges undertakes no obligation to update any of the foregoing except as required by law.