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Namaste Approved to Distribute Through eBay $N.ca

Posted by AGORACOM-JC at 8:17 AM on Tuesday, November 29th, 2016

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  • Announced that it has been approved to distribute its products through eBay, a global commerce leader that connects millions of buyers and sellers around the world
  • As one of a select number of companies in the vaporizers and accessories industry to be permitted to distribute through eBay’s marketplace, Namaste will list its products under the recently launched vaporizers and e-cigarettes category
  • Required to keep sufficient product inventory on hand in the anticipation of increased demand through eBay’s marketplace and ensure adherence to all applicable category policies.

VANCOUVER, BRITISH COLOMBIA–(Nov. 29, 2016) – Namaste Technologies Inc. (“Namaste” or the “Company”) (CSE:N)(CSE:N.CN)(FRANKFURT:M5BQ) is pleased to announce that it has been approved to distribute its products through eBay Inc. (“eBay”), a global commerce leader that connects millions of buyers and sellers around the world. As one of a select number of companies in the vaporizers and accessories industry to be permitted to distribute through eBay’s marketplace, Namaste will list its products under the recently launched vaporizers and e-cigarettes category.

Namaste will be required to keep sufficient product inventory on hand in the anticipation of increased demand through eBay’s marketplace and ensure adherence to all applicable category policies.

Management Commentary

Sean Dollinger, President and CEO of Namaste, comments: “We are very pleased to be one of a select few companies in our industry to be permitted to distribute our products through eBay. As a household name, we are also pleased to see the launch of a new product category from eBay to specifically address the growing demand for our products. We anticipate being able to significantly increase sales through the eBay marketplace.”

About eBay Inc.

eBay Inc. is a global commerce leader that includes Marketplace, StubHub and Classifieds platforms. Collectively, the platforms connect millions of buyers and sellers around the world. The technologies and services that power these platforms are designed to enable sellers worldwide to organize and offer their inventory for sale and buyers to find and buy it virtually anytime and anywhere. The Marketplace platforms include the online marketplace located at www.ebay.com, its localized counterparts and the eBay mobile apps; which are among the world’s largest and most vibrant marketplaces for discovering great value and unique selection.

About Namaste Technologies Inc.

Namaste Technologies Inc. is an emerging leader in vaporizer and accessories space. Namaste has 26 e-commerce retail stores in 20 countries, offers the largest range of brand name vaporizers products on the market and is actively manufacturing and launching multiple unique proprietary products for retail and wholesale distribution. The Company is currently focused on expanding its product offering, acquisitions and strategic partnerships, and entering new markets globally.

On behalf of the Board of Directors

Sean Dollinger, Chief Executive Officer

Further information on the company and its products can be accessed through the link below:

www.namastetechnologies.com

www.namastevaporizers.com

www.namastevaporizers.co.uk

www.vaporseller.com

www.everyonedoesit.com

www.everyonedoesit.co.uk

FORWARD LOOKING INFORMATION

This press release contains forward-looking information based on current expectations. These statements should not be read as guarantees of future performance or results. Such statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from those implied by such statements. Although such statements are based on management’s reasonable assumptions. Namaste assumes no responsibility to update or revise forward-looking information to reflect new events or circumstances unless required by law.
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 statements speak only as of the date of this press release. Actual results could differ materially from those currently anticipated due to several 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 press 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 harbor provisions of the Private Securities Litigation Reform Act of 1995. The CSE has neither reviewed nor approved the contents of this press release.

Namaste Technologies Inc.
Sean Dollinger
Chief Executive Officer
+ 1 (786) 389-9771
[email protected]
www.namastetechnologies.com

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HPQ PureVap QRR Successfully Produces 99.99+% (4N+) Silicon Metal Using 98.14% SiO2 Feed, R&D Testing Ongoing To Reach Higher Purity Levels $HPQ.ca

Posted by AGORACOM-JC at 7:55 AM on Tuesday, November 29th, 2016

Hpq large

  • Results from test 19 confirm production of 4N+ purity Silicon Metal (99.99+% Si)
  • High Purity Silicon Metal test results recently produced using the first generation setup of the lab-scale PUREVAPâ„¢ QRR, combined with the addition of a purifying agent

MONTREAL, QUEBEC–(Marketwired – Nov. 29, 2016) – HPQ Silicon Resources Inc. (“HPQ”) (TSX VENTURE:HPQ)(FRANKFURT:UGE)(OTC PINK:URAGD) is pleased to inform its shareholders that PyroGenesis Canada Inc (“PyroGenesis”) has just submitted a new stage report(1) pertaining to High Purity Silicon Metal test results recently produced using the first generation setup of the lab-scale PUREVAPâ„¢ QRR,combined with the addition of a purifying agent.

ANALYSIS CONFIRMS PRODUCTION OF 4N+ SILICON METAL (99.99+% Si)

Multiple analyses of the material produced during test 19 were completed at the « Centre de Caractérisation Microscopique des Matériaux » (CM2), located at the École Polytechnique de Montréal using a Scanning Electron Microscope (SEM) associated with a Wavelength-Dispersive Spectroscopy (WDS).

The results from test 19 confirm production of 4N+ purity Silicon Metal (99.99+% Si). At this stage, the final purity level of the material in less than 100-ppm range (parts per million) has not been determined. Since this test was the last prior to the upgrades of the lab-scale PUREVAP™ QRR, these positive results will be incorporated into the plans for all-future testing in which samples will be routinely analyzed to much lower detection limits. R&D lab testing is still ongoing and the project is on schedule for completion in January 2017.

“We have officially reached the 4N Milestone, and the technical team now can focus on the improvements to follow up the achievement of the 4N+ high grade silicon core. The PUREVAPâ„¢ QRR results once again exceeded our expectations at this early stage of development testing. The presence of a high grade core of material and the evidence of zonation in which impurities are forced to the outside is exactly what we were working toward, and this result has come earlier than expected. In addition, production of 99.99+% Si using 98.14% SiO2 feed speaks volumes about the economic opportunities that the PUREVAPâ„¢ QRR represents for HPQ-Silicon and its numerous high grade quartz deposits, in our objective of becoming vertically integrated” said Bernard Tourillon, Chairman and CEO of HPQ-Silicon. “Furthermore, testing and process improvements are being made on a continual basis, as our goal of making Solar Grade Silicon gets closer to becoming a reality.”

ANALYTICAL RESULTS INDICATE ZONATION PRODUCTION OF A HIGH GRADE SILICON CORE

More importantly, the analytical data points to directional crystallization of a core of higher purity silicon metal, as well as, zonation of the impurities as observed in other purification processes. This apparent zonation indicates that the PUREVAP™ process has now achieved a physical segregation of residual impurities at lab-scale stage. The groundbreaking importance of this is the initial production of a higher purity core section of the silicon material, which is where the targeted 6N silicon would be expected to accumulate in the future. This core of high purity silicon material would then be extracted and sold as solar grade silicon. The less pure portions, where the impurities have migrated, would then be separated and sold as high value Silicon Metal by-products.

FURTHER CHARACTERIZATION OF IMPURITIES TO FOLLOW

The WDS analytical method provides quantitative analyses of precise spots with a detection threshold of approximately 0.01%, or 100 ppm (weight basis). The results confirm impurity levels to as low the detection limit of 0.01% (< 100 ppm) for almost all the major impurities. This positive result means that going forward material produced from ongoing test work, which will focus on improvements to the purification process and adaptation to the Pilot Plant development, will now be sent for detailed analysis and characterization of the impurities, in less than 100 parts per million (ppm) range, to fully evaluate the effectiveness of the PUREVAP™ QRR.

“We are extremely pleased with the progress to date,” said Pierre Carabin, CTO of PyroGenesis. “We have now reached the detection limits of two analysis methods and confirmed the ability of the process produce silicon metal of at least 99.99+% purity. This confirms that we are truly on to something unique.”

TEST KEY PARAMETERS

The feedstock for experiment #19 was 300 g of a mixture 2.5:1 weight basis of 2-4 mm Quartz lot #A16- 09153 from Ronceveaux and activated carbon #5566 provided by Asbury Carbon. The overall purity of the Quartz is evaluated at 98.14 %.

Table 1 – Impurity levels for the Quartz, the Carbon and the resulting Mixture

Material Quartz Carbon Mixture
#ID A16-09153 5566 2.5:1 m/m
Units (ppm ) (ppm ) (ppm )
Al 265 337 285
Ca 71 2848 865
Fe 6,295 39 4,508
Mg 0 131 37
Mn 70 2 50
Na 148 184 158
K 0 229 66
Ti 12 2 9
P 0 215 61
S 0 204 58
W 0 0 0
B 5 3 4

The Quartz and the Carbon were both analyzed using a combination of ICP-AES and ICP-MS by third-party laboratories. The impurity concentrations of the mixtures are a weighted average of the ones of the reagents in respect to their mass ratio (2.5:1). It can be noted that the impurity levels in the resulting mixture are relatively high, especially in iron, which is a difficult element to vaporize.

RESULTS

As shown in Table 2 below, 4 of the 5 different locations analyzed on the sample were of a purity of 4N+ (99.99+ %) with a mean purity of 99.99 %. The main contaminants were Aluminum (Al) and Phosphorus (P) with 0.008 % and 0.002 % respectively in average. Interestingly, the concentrations were below the detection limits for all the other contaminants for all locations.

Table 2- Elementary concentration in % of the sample at 5 locations

Elements Location 1 Location 2 Location 3 Location 4 Location 5 Average
(%) (%) (%) (%) (%) (%)
Si 99.99 100.00 99.99 99.99 99.98 99.99
Al 0.01 <0.01 <0.01 0.01 0.02 0.008
P <0.01 <0.01 0.01 <0.01 <0.01 0.002
W <0.01 <0.01 <0.01 <0.01 <0.01 0.000
Fe <0.01 <0.01 <0.01 <0.01 <0.01 0.000
Mn <0.01 <0.01 <0.01 <0.01 <0.01 0.000
Ti <0.01 <0.01 <0.01 <0.01 <0.01 0.000
Ca <0.01 <0.01 <0.01 <0.01 <0.01 0.000
K <0.01 <0.01 <0.01 <0.01 <0.01 0.000
S <0.01 <0.01 <0.01 <0.01 <0.01 0.000
Mg <0.01 <0.01 <0.01 <0.01 <0.01 0.000
Na <0.01 <0.01 <0.01 <0.01 <0.01 0.000
C <0.01 <0.01 <0.01 <0.01 <0.01 0.000
B <0.01 <0.01 <0.01 <0.01 <0.01 0.000

“These results are significant as the prevailing proposition suggests that the quartz purity level required to make high purity silicon metal is over 99.5%(2)” said P. Peter Pascali, President and CEO of PyroGenesis. “The PUREVAPâ„¢ has proven that to no longer be the case. We have demonstrated that the process can produce high purity silicon metal from significantly lower purity quartz as feedstock. The implications of this are enormous when considering the potential commercial applications of the process. Conceivably, we can now take a cheap and abundant low purity quartz feedstock and transform it into a high value end product.”

FURTHER INFORMATION ON THE TEST

During phase 1 – Proof of concept test, the produced silicon was only collected at the surface of the graphite electrode. Now, not only is silicon produced at the surface of the electrode, but is also accumulated at the bottom of the crucible.

Figure 1 - http://www.marketwire.com/library/20161128-800Photo1078160.jpg

The R&D lab testing is still ongoing and the project is on schedule for a January 2017 completion. By the end of the Process Characterization phase, PyroGenesis expects to have conducted between 40 and 50 laboratory scale experiments. The data collected during the Process Characterization phase will be used for the Pilot Scale design, which is also currently underway.

Testing Methodology:

Scanning electron microscopy (SEM), Energy Dispersive X-ray Spectroscopy (EDS), and Wavelength-Dispersive X-Ray Spectroscopy (WDS) analysis were completed at the Centre de Caractérisation Microscopique des Matériaux (CM2), located at the École Polytechnique de Montréal.

Pierre Carabin, Eng., M. Eng., has reviewed and approved the technical content of this press release.

About HPQ Silicon

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

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

Disclaimers:

This 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.

(1) PyroGenesis Technical Memo: TM-2016-765, Rev. 00, “Mass balance on impurities for test 19”
(2) Please refer to HPQ -Silicon Resources Inc and Pyrogenesis Canada Inc November 2, 2016 press releases

HPQ Silicon Resources Inc.
Bernard J. Tourillon
Chairman and CEO
(514) 907-1011
www.HPQSilicon.com

HPQ Silicon Resources Inc.
Patrick Levasseur
President and COO
(514) 262-9239
www.HPQSilicon.com

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Demand for battery metals set to soar: analysts $DGO.ca $PFN.ca $FMR.ca $SX.ca $BFF.ca

Posted by AGORACOM-JC at 3:31 PM on Monday, November 28th, 2016

 

 

  • “Lithium-ion batteries are a game changer in the energy world,” Alexa Capital’s founder and former head of European clean-tech research at Jefferies, Gerard Reid, said Monday, declaring a “revolution not evolution” in the energy world.
  • At five times the energy density of lead batteries, lithium-ion batteries are already the battery of choice in mobile phones, laptops and every new electric vehicle and, according to Reid, they will also be the cheapest by 2020.

London (Platts)–28 Nov 2016 948 am EST/1448 GMT

With nearly every forecast predicting higher battery use in the years ahead, especially lithium-ion batteries to power new and existing technologies largely in the automotive and consumer goods markets, demand for its component metals are set to soar, speakers at this year’s Mines and Money conference said Monday.

This includes cobalt, nickel, manganese, graphite and, most importantly, lithium itself.

“Lithium-ion batteries are a game changer in the energy world,” Alexa Capital’s founder and former head of European clean-tech research at Jefferies, Gerard Reid, said Monday, declaring a “revolution not evolution” in the energy world.

At five times the energy density of lead batteries, lithium-ion batteries are already the battery of choice in mobile phones, laptops and every new electric vehicle and, according to Reid, they will also be the cheapest by 2020.

“Technological advances and cost reduction in the last two years have been remarkable and nothing short of a revolution,” Reid said. “The main growth driver up to now has been consumer goods but what will take it to the next level is road transport.”

Driven by consumer demands for energy efficiency and the industry’s necessity to meet emissions targets, electric vehicle growth has accelerated in recent years, up 55% on the year to around 700,00 vehicles in 2016.

This still only accounts for less than 1% of the 80 million vehicles sold globally each year, yet there are signs that this could change rapidly.

The world’s largest vehicle manufacturer, Volkswagen, estimates it will be producing 2 million-3 million electric vehicles by 2025. Extrapolated across the industry this could mean a 30-40% market share for EVs.

In the US, Tesla outsold Mercedes in the luxury car market in 2016 for the first time in 40 years.

For Reid, this would mean an extra 800,000 mt of lithium demand by 2025, with a significant pickup of cobalt, nickel and graphite, and also silicon.

And it is not only electrical vehicles. With growing power generation expected from renewables, storage of the electricity generated will become more and more important.

Luke Kissam, CEO of one of the world’s largest lithium producers, Albermale, forecasts an extra 8,000-10,000 mt/year of lithium demand by 2020, with wholesale electronic storage expected to play a major role.

At the same time, lithium demand already significantly outpaces supply. Spot prices in China have reached $25,000/mt this year, compared with long-term contract prices of $4,000-$7,000/mt, reflecting its scarcity.

According to Roskill analyst David Merriman, the lithium market has been in deficit since 2013, largely because of demand outpacing supply growth.

Although stockpiles of minerals and concentrates have kept most end-processors overall well-supplied this year “increased control of feedstock, and later refined product, has led to a virtual tightness in lithium supply,” Merriman said.

While battery demand for lithium is currently only around 38% by end-use at 66,000/mt in 2015, it is expected to rise to 58% by 2020, he said.

At 35,000 mt, battery demand for cobalt is expected to increase from 39% by end-use to up to 50%. Graphite, up to 7% from 2% currently.

And although the lithium-battery industry is waking up to raw material issues, “based on short-term growth projections it may be too late to prevent an impact,” Merriman said.

Yet some concerns remain, especially over how much new supply will affect prices in the near to medium term.

“The demand story is there and it is well recognized, but the concern is the amount of potential supply coming online,” Macquarie’s metals analyst Stefan Ljubisavljevic said in a panel discussion Monday.

“There’s a lot of volume to come to market in the next 12-18 months and, unless there is ‘hockey stick’ demand from EVs, it is unlikely the market can absorb all that volume without prices softening,” he said.

While much of the supply chain to 2016 came from junior mining firms, new supply is expected to be largely from the larger producers, according to Merriman, such as Chile’s SQM, America’s Albermale and China’s Tianqi.

“Since 2016 incumbent producers have become more active in expansion, investment and increased overall exploration and production,” Merriman said. “Prices have incentivized both incumbent and junior companies to expand.”

–George King Cassell, [email protected] –Edited by Jonathan Fox, [email protected]

Source: http://www.platts.com/latest-news/metals/london/demand-for-battery-metals-set-to-soar-analysts-26606940

 

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Explor Resources Exploration Program Update on the Timmins Porcupine West Gold Property $EXS.ca

Posted by AGORACOM-JC at 4:37 PM on Thursday, November 24th, 2016

Exs logo

  • Announced an Exploration Program Update on the Timmins Porcupine West Property as provided by Teck Resources Limited
  • In December 2014, the Corporation signed an agreement with Teck under which Teck can acquire an initial 55% interest in the Timmins Porcupine West property by completing exploration work expenditures totaling $8,000,000 by May 1st, 2019

ROUYN-NORANDA, QUEBEC–(Nov. 24, 2016) – Explor Resources Inc. (“Explor” or “the Corporation”) (TSX VENTURE:EXS)(OTCQX:EXSFF)(FRANKFURT:E1H1)(BERLIN:E1H1) is pleased to announce an Exploration Program Update on the Timmins Porcupine West Property (“TPW Property” or the “Property“) as provided by Teck Resources Limited (“Teck“). In December 2014, the Corporation signed an agreement with Teck under which Teck can acquire an initial 55% interest in the Timmins Porcupine West property by completing exploration work expenditures totalling $8,000,000 by May 1st, 2019.

A technical meeting was held on October 07, 2016 that reviewed results to date as well as plans going forward on the property as detailed below.

In 2016, the focus has been reviewing the volume of data received in 2015, and developing vectors to mineralization in order to make drilling more efficient. Key points of this work included:

  1. Development of a ‘sericite index’ reflecting particular white mica compositions, as mapped by Short Wave Infrared (“SWIR”) techniques, which have a close spatial association with high grade gold intersections.
  2. Identification of key geochemical pathfinders to mineralization, including zinc, sulphur, lead, iron, among others.
  3. The combination of the alteration with the geochemistry can be used to identify ‘near-hit’ holes, and potential upside for West-Deep style mineralization.

The work completed by Teck to date has confirmed and identified a hydrothermal corridor (the “Porcupine Horizon”) through geochemistry and SWIR data, and selection of ‘near-hit’ holes, techniques were investigated in an effort to vector to mineralization within this plane, and to increase drill metre efficiency through geophysics.The results of the alteration and geochemistry studies support the hypothesis of an approximately east-west corridor hydrothermal corridor, within which the West Deep Zone defines a discrete ore shoot. In April 2016, Teck conducted a borehole physical property survey using in-house equipment, as well as non-destructive benchtop studies of known mineralization to identify geophysics options.

The results indicated that mineralization is chargeable (IP), but produces false anomalies (non-gold bearing pyrite zones). The results also indicated that mineralization is conductive (EM), and did not produce significant false anomalies. The results of these studies indicate that EM should be able to detect West-Deep style mineralization.

Following the petro-physics work, a borehole EM study was designed to test real-world efficacy of the method. 4 holes were tested (TPW-11-43W6, TPW-11-45W3, TPW-10-34, and TPW-15-120) in order to confirm the method can detect mineralization in the West Deep zone, and to test the distance resolution of the technique.

  1. The technique was able to detect mineralization within approximately 30m of the boreholes. While this is useful for guiding step-out drilling within a shoot, it does not seem to see far enough off-hole to identify shoots around near-hit holes.
  2. Based on the results of the borehole EM, a VTEM survey was supported. Theoretical modeling of the EM response suggests that the VTEM technique should be able to detect a West-deep size body within approximately 200m of the surface (varying with size and conductance of a targeted body), with the opportunity to identify new shoots. The VTEM survey was flown the week ending September 23rd, and results are pending data processing by the contractor.

As far as expenditures on the property are concerned, Teck has forecasted approximately CA$316,000 expenditures for calendar year 2016. This brings the total forecast earn-in expenditures to approximately $2,130,000 CDN to year end.

Teck stated that as far as a fall/winter 2016/2017 drill program is concerned, Teck has planned a program and is presently waiting for budgetary approval as a program has been put forward.

The Timmins Porcupine West Gold Property consists of 185 unpatented mining units and 3 patented claims located in the Bristol and Ogden Townships in the Timmins-Porcupine Mining Camp for a total 3,200 hectares. The highway 101 bisects the property and provides access from the city of Timmins located 13 km to the east. The 3-D geological model may be viewed on our website: www.explorresources.com. The property has been explored since 1927 by numerous ground geophysical surveys and diamond drilling of up to 111 holes. In 1984, Dome Exploration discovered and delineated a gold mineralized zone that was approximately 350 meters long and 45 meters wide and open below 350 meters of vertical depth.

The Timmins Porcupine West Project has a structural target model developed by Explor based on the “Hollinger-McIntyre-Coniaurum System”. The Hollinger-McIntyre-Coniaurum (HMC) System has produced a total of over 30 million oz of gold and is spatially associated with the Pearl Lake Porphyry.

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

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

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

About Explor Resources Inc.

Explor Resources Inc. is a Canadian-based natural resources 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.

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

Open Pit Mineral Resources at a 0.30 g/t Au cut-off grade are as follows: 
Indicated: 213,000 oz (4,283,000 tonnes at 1.55 g/t Au)
Inferred: 77,000 oz (1,140,000 tonnes at 2.09 g/t Au)
Underground Mineral Resources at a 1.70 g/t Au cut-off grade are as follows: 
Indicated: 396,000 oz (4,420,000 tonnes at 2.79 g/t Au)
Inferred: 393,000 oz (5,185,000 tonnes at 2.36 g/t Au)

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

A map of TECK RESOURCES LIMITED – TIMMINS PORCUPINE WEST 2015 DRILLING is available at the following address: http://media3.marketwire.com/docs/161124_EXS_Map.pdf

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

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INTERVIEW: PFN Capital (TSXV: PFN) At the Forefront of PGM and Lithium Exploration $PFN.ca

Posted by AGORACOM-JC at 4:35 PM on Wednesday, November 23rd, 2016

  • 100% owned River Valley PGM resource in Northern Ontario is one of the largest undeveloped primary PGM resources in Canada
  • Measured + Indicated resources contain ~ 2,500,000 ounces PGM + Gold
  • Resource under Evaluation for Development Potential as Open Pit Mining Operation

Hub On AGORACOM / Corporate Profile / Watch Interview

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Tartisan Resources Corp. Announces Closing of the First Tranche of the Private Placement for Proceeds of $100,000 $TTC.ca

Posted by AGORACOM-JC at 10:40 AM on Wednesday, November 23rd, 2016

Tartisan logo copy

  • Announced the closing of the first tranche of the Private Placement announced yesterday  
  • The proceeds from today’s closing amount to $100,000.

Toronto, Ontario (FSCwire) - Tartisan Resources Corp. (CSE: TTC) (“Tartisan”, or the “Company”) is pleased to announce the closing of the first tranche of the Private Placement announced yesterday . The proceeds from today’s closing amount to $100,000.

Private Placement

Tartisan Resources Corp. has raised  $CDN 100,000 via non-brokered private-placement at CDN $0.05 cents per unit with a full warrant at CDN $0.10 cents, expiring 24 months from date of closing of this offering.

The net proceeds from this offering will be used for general working capital purposes and to acquire interests in available properties and projects in Peru and Ontario.

Tartisan Resources Corp. common shares are listed on the Canadian Securities Exchange (CSE:TTC). Currently, there are 61,169,982 shares outstanding (78,759,982 fully diluted).

For further information, please contact Mr. D. Mark Appleby, President & CEO and a Director of the Company, at 416-804-0280 ([email protected]). Additional information about Tartisan can be found at the Company’s website at www.tartisanresources.com or on SEDAR at www.sedar.com.

This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore, involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.

The Canadian Securities Exchange (operated by CNSX Markets Inc.) has neither approved nor disapproved of the contents of this press release)

To view this press release as a PDF file, click onto the following link:
public://news_release_pdf/Tartisan11232016.pdf

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Tetra Bio-Pharma Provides USA Regulatory Update for its Cannabis Inhalation Product PPP001 $TBP.ca

Posted by AGORACOM-JC at 9:04 AM on Wednesday, November 23rd, 2016

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  • Company confirmed that, on November 8, 2016, it received a letter from the Office of Combination Products stating that the USA Food and Drug Administration had completed its review of the request for designation for the marijuana prescription drug and titanium pipe kit
  • FDA confirmed that the product is a combination product, and assigned it to the Center for Drug Evaluation and Research as the lead agency center for premarket review and regulation based on FDA’s determination of the marijuana product’s primary mode of action.

OTTAWA, ONTARIO–(Nov. 23, 2016) – PhytoPain Pharma Inc. (“PPP“), a subsidiary of Tetra Bio-Pharma Inc. (“Tetra” or the “Company“) (CSE:TBP) (CSE:TBP.CN) (OTC PINK:GRPOF), is a pharmaceutical company focused on developing and commercializing therapeutic cannabis-based products for the treatment of pain and other medical conditions announces that the development of its smoked marijuana prescription drug is on schedule.

The Company confirmed that, on November 8, 2016, it received a letter from the Office of Combination Products stating that the USA Food and Drug Administration (“FDA“) had completed its review of the request for designation for the marijuana prescription drug and titanium pipe kit. The FDA confirmed that the product is a combination product, and assigned it to the Center for Drug Evaluation and Research (“CDER“) as the lead agency center for premarket review and regulation based on FDA’s determination of the marijuana product’s primary mode of action.

The Company previously announced that it received a pre-IND (Investigational New Drug) acknowledgement and meeting request granted letter from the US FDA. This week, the company is submitting the information package required by FDA for the Type B pre-IND meeting in January 2017 with the Division of Anesthesia, Analgesia, and Addiction Products, Center for Drug Evaluation and Research. According to Dr. G. Chamberland, Chief Science Officer, “As per FDA policies, the pre-IND information package is submitted to obtain guidance from FDA on the product development and marketing requirements for the smoked marijuana prescription drug combination product”. Dr. Chamberland further commented that this regulatory filing is part of PPP’s dedication to the commercialization of marijuana as a prescription controlled drug and the corporation’s plan to seek reimbursement by insurers for patients.

The Company has been working with Algorithme Pharma, an Altasciences company, for the conduct of its Phase I clinical trial in healthy human subjects. PPP is using the services of Algorithme Pharma based on its experience and expertise in the conduct of clinical trials for the pharmaceutical industry. Later this week the project team will be submitting the Phase I clinical protocol, and related documents, to the Institutional Review Board for review. If approved, Algorithme Pharma will subsequently submit the Clinical Trial Application to the Therapeutic Products Directorate of Health Canada for approval. In parallel, Algorithme Pharma will submit an application for exemption under section 56 of the Controlled Drugs and Substances Act for its planned research on healthy subjects.

The Company stated that, subsequent to a request for classification to the Medical Devices Bureau, Health Canada, the PPP001-titanium pipe that will be used in the clinical trial is a Class I medical device. Dr. Chamberland commented: “As a Class I medical device, the PPP001-titanium pipe does not require approval for use in the clinical trial”.

About PPP001-kit product

PPP001-kit product will be sold as two separate products packaged together in a single package and is comprised of the drug PPP001 and the device PPP001-titanium pipe. The drug component and device component will be linked together by the labelling of each component.

The product PPP001-kit, once approved, could be sold in pharmacies containing the prescription controlled drug PPP001, in a blister pack, and the PPP-titanium pipe device that will be used to generate the smoke to deliver the active ingredients by inhalation.

PPP001 drug pellet blisters and a fully assembled PPP-titanium pipe for combustion and inhalation of the generated smoke are required for therapy with PPP001 and are provided in the PPP001-kit.

Each blister of PPP001 drug pellet contains marijuana with a standardized amount of delta-9-tetrahydrocannibinol and cannibidiol. A single PPP001 drug pellet is pushed out of the blister by the patient and inserted into the PPP-titanium pipe.

In Other News:

The Company has received $227,738 in exercised warrants for November 2016.

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

Forward-looking statements

Some statements in this release may contain forward-looking information. All statements, other than of historical fact, that address activities, events or developments that the Company believes, expects or anticipates will or may occur in the future (including, without limitation, statements regarding potential acquisitions and financings) are forward-looking statements. Forward-looking statements are generally identifiable by use of the words “may”, “will”, “should”, “continue”, “expect”, “anticipate”, “estimate”, “believe”, “intend”, “plan” or “project” or the negative of these words or other variations on these words or comparable terminology. Forward-looking statements are subject to a number of risks and uncertainties, many of which are beyond the Company’s ability to control or predict, that may cause the actual results of the Company to differ materially from those discussed in the forward-looking statements. Factors that could cause actual results or events to differ materially from current expectations include, among other things, without limitation, the inability of the Company, through its wholly-owned subsidiary, GrowPros MMP Inc., to obtain a licence for the production of medical marijuana; failure to obtain sufficient financing to execute the Company’s business plan; competition; regulation and anticipated and unanticipated costs and delays, and other risks disclosed in the Company’s public disclosure record on file with the relevant securities regulatory authorities. Although the Company has attempted to identify important factors that could cause actual results or events to differ materially from those described in forward-looking statements, there may be other factors that cause results or events not to be as anticipated, estimated or intended. Readers should not place undue reliance on forward-looking statements. The forward-looking statements included in this news release are made as of the date of this news release and the Company does not undertake an obligation to publicly update such forward-looking statements to reflect new information, subsequent events or otherwise unless required by applicable securities legislation.

Tetra Bio-Pharma Inc.
Ryan Brown – VP Business Development and Communications
Andre Audet – Executive Chairman
Dr. Guy Chamberland – Chief Scientific Officer
(613) 421-8402

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St-Georges to Acquire All Outstanding Shares of Iceland Resources EHF $SX.ca

Posted by AGORACOM-JC at 1:33 PM on Tuesday, November 22nd, 2016

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  • Entered into a binding agreement with Iceland Resources ehf to acquire all its outstanding shares
  • Iceland Resources owns multiple polymetallic exploration & development projects in Iceland and has direct or indirect access to all active mineral tenure, claims and mineral leases in Iceland

Montreal, Quebec / November 22, 2016 – St-Georges Platinum and Base Metals Ltd. (CSE: SX)(OTC: SXOOF) (FSE: 85G1) is pleased to announce that it has entered into a binding agreement with Iceland Resources ehf to acquire all its outstanding shares. Iceland Resources owns multiple polymetallic exploration & development projects in Iceland and has direct or indirect access to all active mineral tenure, claims and mineral leases in Iceland.

The Opportunity

Iceland Resources ehf is a privately-owned Icelandic corporation with gold/silver/copper/cobalt/zinc projects in Iceland.

Iceland is an important producer and developer of geothermal energy. St-Georges management has been active over the last few years in Iceland with the goal of securing access to geothermal operations to test the development of technologies allowing the extraction of lithium and light minerals from the brines being pumped from the geothermal wells and for the extraction of a large variety of precious and base metals found in the mud rejected from the same operations.

Enrico Di Cesare, Director of St-Georges commented: “(…) With St-Georges focused on innovative extraction technologies and working on strategic alliances with several providers, this opportunity is exciting; it is an excellent platform to apply new technologies, monetize tailings and demonstrate our solutions which also address environmental issues. The focus is to economically recover precious and base metals and to provide an avenue for positive environmental remediation of the by-products. St-Georges is also looking at niche and value added products that this opportunity lends itself to.”

Terms of Acquisition

St-Georges will create a subsidiary that will become the owner of Iceland Resources. 40% of this subsidiary will be owned by the Iceland Resources shareholders and the remaining 60% will be owned by St-Georges. Additionally, St-Georges makes the following commitments:

-Issuing 6,000,000 common shares of St-Georges to Iceland shareholders with a 12-month escrow release schedule;

-Issuing a $350,000 debenture, bearing a 6% annual interest (cash or shares), maturing in November 2026 to be distributed to Iceland shareholders and some creditors; and

-$1,000,000 of expenditure on the Iceland assets over the next 24 months, including mineral exploration expenses and metallurgical process research & development.

Iceland Resources Projects

Iceland Resources currently has 9 defined mineral exploration and development projects in Iceland (8 licenses or license applications held directly and one within a Joint-Venture). Other opportunities are being sought after with the collaboration of St-Georges (with the possibility to deploy St-Georges technologies result from its R&D initiatives).

St-Georges intends to direct most of its efforts in the next 24 months to 3 priority projects:

Reykjanes Project (EL 01) (Au-Ag-Cu-Zn)

The 897.5 km2Reykjanes licence area is in close proximity to the capital Reykjavik and the international airport in the town of Keflavik and is supported by good transport infrastructure with main highways running through it. The project is prospective for gold, silver, copper, zinc and cobalt. The Company also plans to apply for licenses to evaluate the lithium potential of the geothermal brines present on the property.

Figure 1. The Reykjanes Project

The Thormodsdalur Project (EL-14) (Au-Ag-Cu)

Thormodsdalur is located about 20km east of the city centre of Reykjavik and south-east of the lake Hafravatn. The project was discovered in 1908. The property produced mineral concentrate from 1911 to 1925 when over 300 meters of tunnels where dug alongside surface excavations. The ore recovered was transported to Germany and historic sources reported values ranging between 11g/t and 315g/t Au. Note: All information pertaining to mineral resources, grades or operational results herewith presented are historical in nature and while relevant, the information was obtained from sources that cannot be independently verified and that are not compliant with National Instrument 43-101 reporting standards.

More recently, visible gold was seen in cores from geothermal wells located on the project. This new discovery compelled the Icelandic government to create a mining entity for gold exploration in Iceland called Malmis.

Studies between 2005 and 2013 identified the project mineralization as a low sulphidation system containing banded chalcedony and ginguro. Petrographic analysis of the vein material identified gold occurring in its free form and as part of an assemblage with pyrite and chalcopyrite. Petrographic and XRD studies show an evolution of the vein system from the zeolite assemblage to quartz adularia and lastly to minor calcite. In the area, 32 holes have been drilled for a total of 2439 meters.Gold values vary from less than 0.5 ppm to the maximum of 415 ppm. (These values were obtained from selected random intervals and cannot be construed to be representative of the any particular thickness or overall length).

Iceland Resources entered in to a Joint Venture agreement with Melmi ehf, Malmis hf (majority government owned) and Gold Island Limited. Melmi is the owner of the Thormodsdalur license that was first granted in October 2004. Melmi is owned by Malmis (51%) and Gold Island (49%).

Figure 2. The Thormodsdalur Project

The Vopnafjordur Project (EL-05) (Au-Ag-Te) (Bi-Co-Sb-Se-Zn)

The Vopnafjordur licence covers 598.5 km2(Maps, fig. 3 & 4) and is valid until July 2021. Exploration in Vopnafjordur was carried out by Malmis between 1991 and 1993 in the form of BLEG surveys and vein sampling. Follow-up work was carried out by Melmi in 1997, which carried out stream sediment and helicopter-assisted rock chip sampling in the Vopnafjordur area. The rock chip sampling programme focused on areas of strong alteration, known quartz-carbonate-pyrite veining and in selected structural settings. The sampling programme indicated anomalous antimony, selenium and tellurium values in the northern rhyolitic centre and further identified anomalous gold, antimony, bismuth and zinc in an acid intrusion in the central southern part of the licence.

Recently, a comprehensive review of the BLEG and rock chip sampling programme was undertaken alongside satellite interpretation of the whole of the Vopnafjordur licence and a short exploration program in August 2016. In addition to the two volcanic centres identified in the 1990s, a number of regional fault zones associated with elevated levels of key pathfinder elements and occasionally gold was identified. The geological team is expecting assay results shortly.

These areas will be investigated further by the Company’s geological team in 2017, which will carry out close-spaced traverse mapping and grab sampling of key fault structures identified by previous exploration.


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Figure 3. Vopnafjordur licence EL-05 is situated in the Nord Austurland region of NE Iceland


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Figure 4. Extent of Vopnafjordur licence boundaries. Map scale 1:200,000


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Figure 5. World map showing Iceland


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Figure 6. Map of Iceland with location of the projects

Icelandic Geology is unique and considered relatively young in geology term. Iceland lies in the divergent boundaries of the Mid Atlantic Ridge. The buoyancy of the Iceland plume leads to dynamic uplift of the Iceland plateau, and high volcanic productivity over the plume has developed an anomalous volume of volcanic material and magma chambers at depth.

Iceland has not been thoroughly mapped and geological exploration has been limited when compared to other jurisdictions. St-Georges now have the unencumbered opportunity to explore Iceland’s potential starting with its most known prospective target sites with data generated from existing geological work and geothermal operations around the country. Furthermore, St-Georges technologies should enable the team of Iceland Resources to unlock the potential for prospective lithium brines and mud tailings that were not considered in the past.

Vilhjalmur Thor Vilhjalmsson, director of Iceland Resources, commented: “The opportunity to combine the resources of both companies, our extensive knowledge of Iceland and its geology and the addition of St-Georges team’s expertise in metallurgical processing and eco-mining environmental friendly solutions, provides a unique offering to the market and stakeholders of both companies (…) St-Georges brings a portfolio of R&D initiatives aimed at reducing the environmental impact of mining activities and improving producers’ financial bottom line. Iceland like the Scandinavian countries is a place of certainty in regulations and mining law with reliable and accessible data available from government bodies thus opening possibilities to get additional licenses with historical data available similar to work previously done in Iceland as well as in Greenland (…) we believe that we found a good home for our shareholders in St-Georges and we are excited at the prospect of the proposed 2017 exploration and development campaigns.”

General Disclaimer: The current press release contains references to mineral sampling results that are provided by Iceland Resources or were sourced in the geological literature published by the Icelandic government or its departments. St-Georges has not sampled and analysed these samples. Readers should exercise caution as real width, depth or length of the mineralisation encounter is not defined. No resource estimate that is compliant with the standard of the National Instrument 43-101 is currently available.

The technical information in this release has been reviewed and approved by Mr. Herb Duerr, P. Geo. a ‘qualified person’ as defined by National Instrument 43-101Standards of Disclosure for Mineral Projects.

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 biggest environmental problems in the mining industry. If thesenew technologiesare successful, they should improve the financial bottom line of current mining producers. The potential success of these technologies would also involve upgrading certain current known metal resources to economic status while addressing the environmental and social acceptability issues. The Company also explores for Nickel on the Julie Nickel Project & for industrial minerals on the Quebec’s North Shore and for Lithium and rare metals in Northern Quebec and in the Abitibi area.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. For additional information, please visit our website at www.stgeorgesplatinum.com

About Iceland Resources EHF

Iceland Resources ehf is a junior mineral exploration company with a focus on the Scandinavian region. The company has one licence in the Vopnafjordur area in Iceland and further seven areas pending issue totalling over 4,000km2. The company also has an earn-in agreement with Melmi ehf and Gold Island Ltd to earn into the well-known Thormodsdalur licence where gold grades up to 415 g/t have been identified and the partners are working towards a NI 43-101 compliant resource.http://www.icelandresources.is

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.

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Tartisan Resources Corp. Seeks to Raise Additional Capital Via Private Placement $TTC.ca

Posted by AGORACOM-JC at 2:24 PM on Monday, November 21st, 2016

Tartisan logo copy

  • Seeking to raise up to $CDN 200,000 via non-brokered private-placement
  • Company intends to issue up to 4 million units at CDN $0.05 cents per unit with a full warrant at CDN $0.10 cents, expiring 24 months from date of closing of this offering.

Toronto, Ontario (FSCwire) – Tartisan Resources Corp. (CSE: TTC) (“Tartisan”, or the “Company”) is pleased to announce a proposed Private Placement.

Private Placement

Tartisan Resources Corp. is seeking to raise up to $CDN 200,000 via non-brokered private-placement. The Company intends to issue up to 4 million units at CDN $0.05 cents per unit with a full warrant at CDN $0.10 cents, expiring 24 months from date of closing of this offering.

A finder’s fee equal to a cash commission of 8% of the aggregate gross proceeds from the units sold, plus finder’s warrants equal to 8% of the aggregate number of units sold will compensate qualified finders appointed by the Company to source subscriptions.

The net proceeds from this offering will be used for working capital purposes and to acquire interests in available properties and projects in Peru and Ontario.

Tartisan Resources Corp. common shares are listed on the Canadian Securities Exchange (CSE:TTC). Currently, there are 59,169,982 shares outstanding (74,759,982 fully diluted).

For further information, please contact Mr. D. Mark Appleby, President & CEO and a Director of the Company, at 416-804-0280 ([email protected]), Mr. Luc Pigeon B.Sc., M.Sc., P.Geo. is the Company’s QP and serves as the GM of Minera Tartisan. Mr. Pigeon can be contacted at +51986651325 ([email protected]). Additional information about Tartisan can be found at the Company’s website at www.tartisanresources.com or on SEDAR at www.sedar.com.

This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore, involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.

The Canadian Securities Exchange (operated by CNSX Markets Inc.) has neither approved nor disapproved of the contents of this press release.

To view this press release as a PDF file, click onto the following link:
public://news_release_pdf/Tartisan11212016.pdf

Source: Tartisan Resources Corp. (CSE:TTC)

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Durango Attending Quebec Mines Conference in Quebec City $DGO.ca

Posted by AGORACOM-JC at 8:16 AM on Monday, November 21st, 2016

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  • Attending the Quebec Mines conference in Quebec City beginning November 21, 2016
  • Meeting with drilling companies as it plans work at its 100%-owned NMX East lithium prospect located in northern Quebec

Vancouver, BC / November 21, 2016 – Durango Resources Inc. (TSX.V-DGO), (the “Company” or “Durango”) announces that it will be attending the Quebec Mines conference in Quebec City beginning November 21, 2016 and meeting with drilling companies as it plans work at its 100%-owned NMX East lithium prospect located in northern Quebec.

As outlined in Durango’s news release dated September 21, 2016, lithium anomalies were discovered in three distinct lithium-bearing pegmatite intrusions during Durango’s inaugural exploration program on its NMX East property, adjacent to the Nemaska Lithium (T.NMX) Whabouchi property. Nemaska Lithium announced on September 6, 2016 and October 13, 2016 that drilling had extended the Whabouchi deposit to the east. Durango’s land position is strategically located along the eastern boundary of the Whabouchi property.

The Company intends to begin stripping and/or drilling of the pegmatite targets in the new year to determine the full extent of the intrusive bodies. Durango announced on October 31, 2016 that is accepting bids to drill these targets and will be meeting with contractors at the Quebec Mines convention in Quebec City.

Marcy Kiesman, CEO of Durango, comments, “Durango’s significant new discovery of pegmatites near the Whabouchi deposit has created great potential for the Company. The next step will be to trench and drill the lithium-bearing pegmatite targets to determine the extent to which the mineralization at NMX East reaches at depth.”

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 certain lithium properties near the Whabouchi project, the Buckshot graphite property near the Miller Mine in Quebec, the Dianna Lake silver project in northern Saskatchewan, the Whitney Northwest property near the Lake Shore Gold and Goldcorp joint venture in Ontario, as well as three sets of claims in the Labrador nickel corridor.

The technical contents of this news release were approved by Mr. Case Lewis, P.Geo., a consultant to the Company and a qualified person as defined by National Instrument 43-101. The NMX East Property has not been the subject of an NI 43-101 report.

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 commencement and completion of 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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