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Pacific North West Capital Corp. Provides Exploration Update For The Lithman North Project, Southeast Manitoba $PFN.ca

Posted by AGORACOM-JC at 8:24 AM on Monday, November 14th, 2016

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  • Phase One Program of Pegmatite sampling completed on Pacific North West Capital’s Lithium Projects in SE Manitoba, by its 100% owned Lithium Division, Lithium Canada Developments (LCD)
  •  Numerous Pegmatites were reviewed and sampled in the field
  •  Assay results revealed anomalous REE and Rare Metals, in several localities, on the Project area
  •  Recommendation is for a Detailed Field Mapping and Sampling Program for the Spring of 2017, followed by a Summer/Fall Drill Program.

November 14th, 2016 / Vancouver, British Columbia – Pacific North West Capital Corp. (“PFN” the “Company”) (TSXV: PFN; OTCQB: PAWEF; FSE: P7J) is pleased to announce that its 100% owned subsidiary, Lithium Canada Developments, has received and reviewed the Assays from its 2016 Phase One Field Program on the Lithman North Project. The Project is situated in SE Manitoba, approximately 150 kilometres NE of Winnipeg, Manitoba.

The Lithman North Project is located in the Cat Lake area of the Winnipeg River Pegmatite Field. This Pegmatite field hosts the world-class Tanco Pegmatite, which has been mined at the Tanco Mine Site, since 1969. The mine was a Spodumene (a Lithium mineral) concentrate producer from 1986 to 2009, and a Tantalum mineral concentrate producer until March 2013. The mine presently produces Pollucite from the Tanco Pegmatite, which is used to make Cesium Formate. The Tanco Mine is operated by the Tantalum Mining Corporation of Canada (a division of the Cabot Corporation) and was previously North America’s Largest and Sole Producer of Spodumene, Tantalum and Cesium. The Lithman North Project is located approximately 15 kilometres NE of the Tanco Mine Site. The Project is accessible via an all-weather road transecting the Project area

A total of 56 field samples (See Figure 1) were collected of Surface Exposed Pegmatites, as part of the Phase One Program to Assess the exploration potential of the Pegmatites in the Project area. The work was carried out by the Company’s Consultants, from Manitoba. Pegmatites have been noted on historic government maps (1981 ER80-1 Cerny, Trueman, Ziehike, Goad and Paul) but no indication of past exploration or evaluation of these Pegmatites was available. Field work confirms the existence of more numerous Pegmatites, than indicated in government mapping. A large portion of the project area has Pegmatites and Pegmatitic Granite exposed on the surface. The purpose of the Phase One sampling was to test the chemical and mineralogical nature of the Pegmatites.

Field work revealed evidence for several different Pegmatite Intrusive Events. Numerous Pegmatites were mapped as Albite Pegmatites with strong Mica contents. The Pegmatites ranged from simple to complex in mineralogical composition, and some displayed crude zoning. The area prospected was approximately 2 kilometres by 2 kilometres in size. Assay results for Field GrabSamples showed that several Pegmatite locations were enriched in Total Rare Earth Oxides plus Y (TREO + Y). Thirteen of the 56 samples contained more than 100 ppm TREO + Y. The maximum value was with up to 510 ppm TREO + Y ppm. In addition, assays for several grab samples from Surface Pegmatites returned elevated Rare Metal values of Gallium (up to 87 ppm), Niobium (up to 55 ppm), Tantalum (up to 65 ppm), and Rubidium (up to 494 ppm). Lithium Assays were low, which indicates that Spodumene minerals are not exposed at surface where sampled, but could be present at depth. This low-cost program of Prospecting and Sampling revealed that some of the Pegmatites have a complex minerology, that with more work, could prove to be interesting. Further exploration is recommended.


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Figure 1: Lithman North 2016 Pegmatite Sample Sites on Government 1980 Geology Map

Surface Sampling of Pegmatites can be a challenging field exercise in the assessment of a Pegmatite, because some Pegmatites are zoned and surface exposure reflects erosion levels. From the field review and Assay results, the Company’s Consultants recommend a Program of Detailed Mapping and Sampling, to be carried out in the Spring of 2017, with a Drill Program to follow. These Pegmatites have never been Drill Tested.

Samples of the Pegmatites were sent to the Activation Laboratories facility in Ancaster, Ontario for Assay Analysis. Samples were prepared using the lab’s Code RX1 procedure, in which samples are crushed up to 95%, passing through a 10 mesh, riffle split and then pulverized with mild steel, to 95%, passing 105 um. Assay Analyses were completed using the lab’s Ultratrace 7 Package. This package includes a Sodium Peroxide Fusion (which allows for a total metal recovery and is effective for the analysis of Sulphides and refractory minerals) and ICP-OES and ICP-MS instrumentation finish. Due to the Reconnaissance and Prospecting nature of the Phase One Program, standards or and blanks were not submitted with the samples. It is recommended, for the Detailed Mapping/Sampling Program and for Drilling, that a QA/QC Program of Standards and Blanks be implemented.

To date, the Company is the Largest Mineral Claim Holder in the Cat Lake-Winnipeg River Pegmatite Field of SE Manitoba. The Company uses a Prospector Generator Model and is currently negotiating Option/Joint Ventures with interested parties, for the Company’s Lithium Projects.

Pacific North West Capital Corp. has two divisions; a Lithium Division and a PGM Division.

About PFN’s Lithium Division

The Company’s Lithium Division will focus on the Discovery, Acquisition, Exploration and Development of Lithium Projects in Canada. In the United States, the Company will use its wholly owned U.S.A subsidiary to Acquire and Develop Projects, in Active Mining Camps, in Nevada, Arizona and California.

Management believes that these New Age Metals; Lithium, PGMs and Rare Earths, have Robust Macro Trends, with Surging Demands and Limited Supply. Going forward, this New Division will Explore for the Minerals needed to fuel the demand for Energy Storage and other Core 21st Century Technologies.

The Company has a Growing Portfolio of Lithium Projects: The Clayton Valley Forks Li Project, in Nevada, is a recent Lithium Brine Project, Acquired by the Company (see PFN News Releases: April 25th, 2016 and May 9th, 2016). The Company also has several Hard Rock Lithium Projects in Canada: To date the Company has Acquired 5 Hard Rock Lithium Projects, in the Winnipeg River Pegmatite Field, in SE Manitoba(see PFN News Releases: April 21st, 2016;May24th, 2016; June 15th, 2016; July 5th, 2016 and July 21st, 2016). This Pegmatite Field hosts the Giant Tanco Pegmatite Mine that has been mined for Tantalum, Cesium and Spodumene (one of the Primary Lithium Ore Minerals) in varying capacities, since 1969. Today, the Tanco Mine is focused on the Mining and Production of Cesium Formate, a drilling fluid for the petroleum industry. PFN’s Li Projects are strategically situated to Further Explore this Pegmatite Field.Presently, the Company is the Largest Claim Holder in the Winnipeg River Pegmatite Field.

Lithium and Platinum Group Metal Prices have improved drastically, in recent months. Lithium supplies remain in deficit, relative to their demand. Both Metals Groups are used for the expanding worldwide automobile industry (conventional and electric). In the case of PGM’s, demand is increasing for Autocatalysts, a key component for reducing toxic emissions, for automotive, gasoline and diesel engines. Regarding Lithium, there is an ever-increasing demand for batteries in cellphones, laptops, electric cars, solar storage, wireless charging and renewable energy products.


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Figure 2: PFN’s (Lithium Canada Dev.) Lithium Projects in Manitoba, Surrounding the Tanco Mine

Figure 3: Company Claim Blocks in the Clayton Valley area of Nevada

(Figure 3 is a Company-made Composite and not intended for redistribution.

The Company accepts no responsibility for the accuracy of these claim blocks, other than the claim block associated with the Clayton Valley Forks Li Project)

Clayton Valley is located in Esmeralda County, Nevada, host to the Albemarle Corporation’s Silver Peak Lithium Mine and Brine Processing Operations. The mine has been in operation since 1967 and remains the only Brine-Based Lithium Producer in North America. The New Project Acquisition, in Nevada, provides the Company a Project, in an area that is well known for its Lithium Carbonate Production. Clayton Valley is a Centralized Location in Nevada, with Highway Access, Power Infrastructure, Water and Local Labor.

The company’s new Lithium Brine Project will be approximately 3.5 hours away from Tesla’s Gigafactory, which has a planned annualLithium-ion battery production capacity of 35gigawatt-hours per year, by 2020. The CV West Li Project is located approximately 3 hours north of the Faraday Electric Car Factory, to be operated in Las Vegas, Nevada.

Clayton Valley is one of the few locations globally, known to contain Commercial-Grade Lithium-Enriched Brines.

About PFN’s Platinum Group Metals Division

River Valley is Canada’s Largest Undeveloped Primary PGM Deposit.

Achievements to date and Future Plans, for River Valley, are outlined below as follows:

  1. 1.PFN currently has 100% ownership in the River Valley Project, subject to a 3% NSR, with Options to Buy Down
  2. 2.Completed Exploration and Development Programs, on the River Valley Property:

Include more than 600 holes drilled, since year 2000, and several Mineral Resource Estimates and Metallurgical Studies

  1. 3.Results for the current (2012) Mineral Resource Estimate are below
  2. 4.2015 Drill Program confirms New High Grade T2 Discovery
  3. 5.Exploration and Development Plans outlined for 2016
  4. 6.Ongoing Strategic Partner Search for River Valley Project
  5. 7.Results for the current Mineral Resource Estimate are summarized below:

– Prepared by Tetra Tech (Wardrop)

– High Confidence: Measured plus Indicated = 72% of total

– Reported on PdEq basis: Pd=40% & Pt=20% of the Payable Metals

– Pd to Pt ratio = 2.5:1; Cu to Ni ratio = 3:1

– High Grade Potential: particularly in the north part of the River Valley Deposit

  1. 8.Results for the 2015 Discovery Drill Program on the T2 Target are as follows:
    • -Drill hole intercepts much higher than the average grade, of current Mineral Resource Estimate-Possible New Mineralized Zone at the north end of the River Valley Deposit-Show potential to take the River Valley PGM Project in a New Direction-More drilling required and field crews have completed ground-proofing targets, to better plan Fall and Winter Drill Programs
  1. 9. Exploration and Development Plans for 2016:
    • -Mineral Prospecting and Geological Mapping on surface: In Progress-Drill Programs targeted to add more, higher grade: Drilling Started October 2016-Geological Interpretation and 2D/3D Modelling of all Drill and Surface Results-Ongoing Strategic Partner Search for River Valley

Resources under Evaluation for Development Potential as Open Pit Mining Operation:


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QUALIFIED PERSON

The contents contained herein, which relate to Exploration Results or Mineral Resources, are based on information compiled, reviewed or prepared by Dr. Bill Stone, Principal Consulting Geoscientist, for Pacific North West Capital. Dr. Stone is a Qualified Person, as defined by National Instrument 43-101 and has reviewed and approved the technical content.

On behalf of the Board of Directors

“Harry Barr”

Harry G. Barr

Chairman and CEO

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.

Cautionary Note Regarding Forward Looking Statements: This release contains forward-looking statements that involve risks and uncertainties. These statements may differ materially from actual future events or results and are based on current expectations or beliefs. For this purpose, statements of historical fact may be deemed to be forward-looking statements. In addition, forward-looking statements include statements in which the Company uses words such as “continue”, “efforts”, “expect”, “believe”, “anticipate”, “confident”, “intend”, “strategy”, “plan”, “will”, “estimate”, “project”, “goal”, “target”, “prospects”, “optimistic” or similar expressions. These statements by their nature involve risks and uncertainties, and actual results may differ materially depending on a variety of important factors, including, among others, the Company’s ability and continuation of efforts to timely and completely make available adequate current public information, additional or different regulatory and legal requirements and restrictions that may be imposed, and other factors as may be discussed in the documents filed by the Company on SEDAR (www.sedar.com), including the most recent reports that identify important risk factors that could cause actual results to differ from those contained in the forward-looking statements. The Company does not undertake any obligation to review or confirm analysts’ expectations or estimates or to release publicly any revisions to any forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. Investors should not place undue reliance on forward-looking statements.

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Nevada Energy Metals Options Out Third Lithium Project and Furthers its Project Generator Model $BFF.ca

Posted by AGORACOM-JC at 9:40 AM on Friday, November 11th, 2016

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  • Completed a third joint venture option agreement
  • Entered into an Option Agreement with LiCo Energy Metals Inc.
  • property consists of 128 placer claims (2,560 acres/ 1,036 hectares) located in southwest Black Rock Desert, Washoe County, Nevada

November 11, 2016 / Vancouver, British Columbia- Nevada Energy Metals Inc. “the Company”, TSX-V: BFF (OTCQB: SSMLF) (Frankfurt: A2AFBV) is pleased to announce that it has completed a third joint venture option agreement. The Company has entered into an Option Agreement with LiCo Energy Metals Inc. (“LiCo”) dated November 10, 2016 (the “Agreement”) whereby LiCo can acquire an undivided 70% interest, subject to a 3% Net Smelter Royalty, in the Black Rock Desert Lithium Project. The property consists of 128 placer claims (2,560 acres/ 1,036 hectares) located in southwest Black Rock Desert, Washoe County, Nevada. Reno, a major population center lies 177 kilometers to the southwest. The Agreement is “non-arms’ length” and so constitutes a related party transaction, as the “Company’s” President and CEO is also the President and CEO of LiCo. The agreement is subject to TSX Venture Exchange (the “Exchange”) approval.

COO Tim Fernback States “This Agreement is an exciting milestone for the Company as it is the third time that the Company has successfully optioned out particular interest in one of its properties to further the lithium property project generator business plan.”

The geologic setting combined with the presence of lithium in both active geothermal fluids and surface salts within the Black Rock Desert property match characteristics of lithium brine deposits at Clayton Valley, Nevada and in South America. Geothermal fluids adjoining the claims are known to contain anomalous lithium values and a recently completed surface silt sampling program confirmed values containing up to 520 ppm lithium. Although geological work has been undertaken for geothermal energy production in the area, the lithium in brine potential of the playa has not been specifically studied. Initially, the lithium target in this basin was highly conceptual, however, recent exploration results are highly encouraging and warrant a detailed exploration drilling for a Clayton Valley type brine deposit.

Pursuant to the terms of the Agreement, LiCo may exercise the option as follows:

  • -making a payment of US$20,000 immediately upon execution of this Agreement;-making a payment of US$150,000 upon receipt of the Exchange Approval;-completing the issuance to the Optionor of 4,500,000 fully-paid and non-assessable common shares in the capital of the Optionee as follows: 1,500,000 Consideration Shares upon receipt of the Exchange Approval; 1,500,000 Consideration Shares on or before the one (1) year anniversary of the Agreement Date; and 1,500,000 Consideration Shares on or before the two (2) year anniversary of the Agreement Date; and-incurring an aggregate of $1,250,000 in Exploration Expenditures on the Property on or before the three (3) year anniversary of the Agreement Date.

About the Black Rock Desert Property:

The western arm of the Black Rock Desert covers an area of about 2,000 square kilometers and contains 5 of the 30 currently listed Known Geothermal Resource Areas in Nevada. The Property covers an area of playa underlain by a moderately deep basin interpreted from gravity and seismic surveys indicating a maximum thickness of valley-fill deposits of about 1,200 m/ 3,600 ft. A high salt content prevents any significant vegetation from growing on the playa surface. Locally, the basin is being fed in part by boiling springs and siliceous sinter containing strongly anomalous Lithium values (5mg/l) that flank the property on the west side. (U.S. GEOLOGICAL SURVEY Open-File Report 81-918.) While these lithium values are well below those of producing lithium brines, they do represent a significant source of metal available for evaporative concentration within the playa basin.

On a separate note, Nevada Energy Metals Corp. recently notified Dajin that it does not wish to pursue the earn-in agreement entered in December, 2015, for the 191 placer claims covering 3,851 acres (1,558 hectares) at Dajin’s 100-per-cent-owned Alkali Lake property. The Company did not carry out any further exploration on the Alkali Lake project, preferring instead to focus on its own projects.

The Company also announces that it has granted stock options to its directors, officers, and consultants to purchase an aggregate of 6,000,000 common shares in the capital of the Company. The stock options are exercisable for a term of five years at an exercise price of $0.10 per share. All stock options are granted in accordance with the terms of the Company’s Stock Option Plan and the Exchange policies and will be subject to a hold period of four months and a day.

Qualified Person: The technical content of this news release has been reviewed and approved by Alan Morris CPG, Elko, Nevada

About Nevada Energy Metals: http://nevadaenergymetals.com/

Nevada Energy Metals Inc. is a well funded Canadian based exploration company who’s primary listing is on the TSX Venture Exchange. The Company’s main exploration focus is directed at lithium brine targets located in the mining friendly state of Nevada. The Company has 100% ownership in 78 claims in Clayton Valley, only 250m from Rockwood Lithium, the only brine based lithium producer in North America (under option to Lithium America who can earn a 70% interest); 100% interest in the 100 claim Teels Marsh West Project covering 2000 acres (809 hectares) in Mineral County, Nevada; 100% interest in the San Emidio Desert Project consisting of 155 claims (approximately 3,100 acres/1255 hectares) in Washoe County, Nevada; 100% interest in the 710 claim Dixie Valley Project covering about 5746 hectares (22 square miles) of playa and alluvial fan; 100% interest in the BSV Lithium Project – 160 claims, with an area of 3,200 acres/1,295 hectares, located in northern Big Smokey Valley, Nye County, Nevada; 100% interest in the Black Rock Desert Property – 128 claims (2,560 acres/ 1,036 hectares) located in southwest Black Rock Desert, Washoe County, Nevada (now optioned 70% interest to LiCo Energy Metals Inc.).

On Behalf of the Board of Directors

Rick Wilson, President & CEO

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 contents of this release.

Disclaimer for Forward-Looking Information:

The information discussed in this press release may include “forward looking statements” within the meaning of Section 27A of the Securities Act of 1933 (the “Securities Act”) and Section 21E of the Securities Exchange Act of 1934 (the “Exchange Act”). All statements, other than statements of historical facts, included herein concerning, among other things, planned capital expenditures, future cash flows and borrowings, pursuit of potential acquisition opportunities, our financial position, business strategy and other plans and objectives for future operations, are forward looking statements. These forward looking statements are identified by their use of terms and phrases such as “may,” “expect,” “estimate,” “project,” “plan,” “believe,” “intend,” “achievable,” “anticipate,” “will,” “continue,” “potential,” “should,” “could,” and similar terms and phrases. Although we believe that the expectations reflected in these forward looking statements are reasonable, they do involve certain assumptions, risks and uncertainties and are not (and should not be considered to be) guarantees of future performance. It is important that each person reviewing this release understand the significant risks attendant to the operations of the Company. Nevada Energy Metals Inc. disclaims any obligation to update any forward-looking statement made herein.

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Canada could thrive from marijuana legalization in U.S. states $MCOA.us $TBP.ca

Posted by AGORACOM-JC at 3:52 PM on Thursday, November 10th, 2016
  • Voters in California, Massachusetts and Nevada approved on Tuesday the use of recreational cannabis, joining four other states and Washington, D.C., that have similar laws in place.
  • Florida, North Dakota and Arkansas approved medical marijuana, which would bring the total number of states with such a system to more than two dozen.
By ALEXANDRA POSADZKI The Canadian Press
Thu., Nov. 10, 2016

Canada’s marijuana industry could benefit after at least six states representing twice the population of Canada voted in favour of legalizing the drug, either recreationally or medically.

Voters in California, Massachusetts and Nevada approved on Tuesday the use of recreational cannabis, joining four other states and Washington, D.C., that have similar laws in place.

Florida, North Dakota and Arkansas approved medical marijuana, which would bring the total number of states with such a system to more than two dozen.

Shipping marijuana into the U.S., whether for medical or recreational purposes, is illegal. But the CEO of Privateer Holdings, a U.S.-based private equity firm that focuses on investing in the marijuana sector, says he expects Canadian producers will enter into partnerships and joint ventures with their neighbours to the south following the referendums.

“I think you’ll see Canadian companies jump at the opportunity to expand their operations and brands into the United States,” says Brendan Kennedy, whose firm owns Nanaimo, B.C.-based licensed producer Tilray.

That could mean everything from participating in the production process to providing consulting services or licensing intellectual property to U.S. producers, Kennedy says.

“There are huge opportunities for Canadian companies, because Canada has the most robust and tightly regulated medical cannabis framework in the world,” he says.

“Both governments and companies around the world are looking to Canada to provide leadership and expertise in this industry.”

People in Montana voted to expand its current medical marijuana regime. In Maine, voters appeared to be inching toward legalizing recreational use, but as of early Thursday, the results were still to close to call.

Presuming all eight states approve their various marijuana initiatives, that could inject $7.4 billion (U.S.) annually into the marijuana market by 2020, Arcview Market Research says. That would open the door to a recreational and medical marijuana market in the U.S. worth $21.2 billion by that same time, according to the research firm.

Alan Gertner, CEO of luxury marijuana brand Tokyo Smoke, says the legalization push means more opportunities for brand licensing deals. His company is already working with partners in Florida and Massachusetts, he said.

“Generally, more legal consumers means more opportunity to build and scale Canadian cannabis brands,” Gertner said in an email.

Canadian companies that build equipment and technology that help grow medical marijuana will also gain access to a larger market, he added.

Cam Battley, executive vice-president of Alberta-based licensed producer Aurora Cannabis Inc., says Canada is home to some of the largest commercial marijuana producers in the world.

Having a federally regulated medical marijuana regime — rather than a piecemeal, state-by-state system like the U.S. — has allowed Canadian marijuana companies to master large-scale, commercial production techniques, says Battley.

“We do have a lot of expertise, and we’ve learned, collectively as a sector, a lot of really important lessons about cultivation and consistent production,” says Battley.

“I think that does give us some advantages and would bode well for partnerships when the time is right.”

Khurram Malik, the cannabis lead at Jacob Capital Management, says the news could also help Canadian marijuana companies secure funding by making investors more comfortable with the sector.

“Most of the money raised up here is from the U.S.,” says Malik. “This legitimizes the concept of cannabis around the world, which is only a positive for the market up here.”

Source: https://www.thestar.com/news/canada/2016/11/10/canada-could-thrive-from-marijuana-legalization-in-us-states.html

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Durango Targets Agricultural & Marijuana Markets $DGO.ca

Posted by AGORACOM-JC at 10:33 AM on Thursday, November 10th, 2016

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  • looking at potential agricultural uses for its limestone located on the northwest coast of British Columbia
  • Synergy of agricultural limestone and its use as a soil conditioner
  • Limestone is extremely beneficial for the agricultural industry including the commercial growth marijuana industry

Vancouver, BC / November 10, 2016 – Durango Resources Inc. (TSX.V-DGO), (the “Company” or “Durango”) reports that further to its news release of November 1, 2016, it is looking at potential agricultural uses for its limestone located on the northwest coast of British Columbia.

The Mayner’s Fortune property is located approximately 7.5km southwest of Terrace, B.C. and recent logging in the area has benefitted Durango by providing road access to the project. The construction of the logging roads exposed additional limestone at surface over a large area which was not previously mapped in historical reports. The new limestone outcrops were sampled and sent for assay as announced previously on November 1, 2016.

When recently speaking with an individual in the agricultural industry, the synergy of agricultural limestone and its use as a soil conditioner was discussed. The limestone is activated when it meets with water and dissolves into the soil which lowers the acidity and raises the pH which is essential for crop yields. The lime also adds desirable nutrients to the soils such as calcium, magnesium and phosphorus which improves soil structure, increases rates of air and water infiltration, improves plant cell wall formation and can help to regulate the nutrient uptake through the roots of the plant. Hydroponic systems are more prone to incur a calcium deficiency and require the use of limestone.

Limestone is extremely beneficial for the agricultural industry including the commercial growth marijuana industry. As such, the Company is actively investigating marketing its limestone to these mediums. Commercial marijuana operations are now North America wide, as several states in the USA voted for recreational and medicinal marijuana legislation. (https://www.theguardian.com/us-news/2016/nov/08/state-ballot-initiative-election-results-live-marijuana-death-penalty-healthcare)

Marcy Kiesman, CEO comments: “Durango’s management team is pleased with its decision to diversify its holdings by acquiring alternative green projects which are versatile enough to be used for construction, agricultural use and for additional green-tech solutions. The beneficial chemical properties of agricultural lime can significantly boost the profit potential of farms and can increase fertilizer efficiency up to fifty per cent which is important for crop yield and profitability.”


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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.

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 the limestone projects, obtaining final government, industry and other approvals of mining such projects, 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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The World of EV’s Need Massive Supply of High Grade Lithium $FMR.ca $DGO.ca $BFF.ca $PFN.ca

Posted by AGORACOM-JC at 2:45 PM on Wednesday, November 9th, 2016

  • The World of EV’s Need Massive Supply of High Grade Lithium
  • Experts say that the amount of lithium being produced in North America will not be enough to meet the growing demand for EVs (electrical vehicles) but that some of problem might/might not be alleviated via recycling,

According to a report from the US EPA: “lithium-ion batteries “safe” for disposal in contrast to nickel-cadmium and lead-based battery products.”

Here is the reason recycling is not happening: the scrap value of lithium is 1/10 the of the value of lead, hence low to no economic gains from lithium battery recycling.

Another article by Waste Management World acknowledges that electrical vehicle-makers would like to re-use lithium from recycled batteries, but that: It does not make any economic sense to recycle the batteries.

Lithium-ion batteries contain a very small fraction of lithium carbonate as a percent of weight and are inexpensive compared to cobalt or nickel.

The average lithium cost associated with Li-ion battery production is less than 3% of the production cost.

Intrinsic value for the Li-ion recycling business currently comes from the valuable metals such as cobalt and nickel that are more highly priced than lithium.

Due to less demand for lithium and low prices, none of the lithium used in consumer batteries is completely recycled.

There is a growing North America shortage of lithium for EVs (electric vehicles): There are at least 20 or 25 direct-electrically powered and hybrids coming onto the market in the next 5 or 6 years. They will come from auto manufactures in the US, Europe, Japan, China and Korea.

Many in the industry are aware, talking about and working on the problem of providing the high high grade lithium. The investment opportunities abound.

About 70% of the world’s lithium deposits are concentrated in Argentina, Bolivia and Chile. The US imports over 80% of the lithium it uses.

Japan and South Korea (LG is the world’s largest producer) have both marked record high numbers of lithium-ion battery exports in H-1 in Y 2016, as auto companies ramp up battery consumption to power new all-electric offerings,

Benchmark Mineral Intelligence said a month ago. Lithium-ion battery shipments from Japan topped 33,500 tonnes in 2-H, up 17% from 2-H of of 2015 and over 31% Y-Y.

Have a terrific week

Source: http://www.livetradingnews.com/world-evs-need-massive-supply-high-grade-lithium-16753.html#.WCN4zcn5GNo

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Nielsen Report Dubs eSports the fastest Growing Part of the Sport Industry $GMBL

Posted by AGORACOM-JC at 2:03 PM on Wednesday, November 9th, 2016
  • eSports the fastest Growing Part of the Sport Industry
  • Fans of eSports are rapidly growing in size, currently amounting to 14% of all Americans aged thirteen and up – almost double of last year when that number was only 8%
  • As the report states, 77% of all fans of eSports are male, with Millennials making up for most of the demographic, or 61%. The Millennial generation is often seen as the future of both online and land-based gambling, with casinos focusing on new ways to attract this elusive player base

Nielsen Report Dubs eSports the fastest Growing Part of the Sport Industry

November 7, 2016

According to a recent report from Nielsen Games, fans of eSports are rapidly growing in size, currently amounting to 14% of all Americans aged thirteen and up – almost double of last year when that number was only 8%. The report gives an interesting insight into the eSports market which seems to be overtaking the United States, as well as a comparing view of how eSport fans overlap with fans of traditional sports.

As the report states, 77% of all fans of eSports are male, with Millennials making up for most of the demographic, or 61%. The Millennial generation is often seen as the future of both online and land-based gambling, with casinos focusing on new ways to attract this elusive player base. However, while the online casino industry introduces novelties like VR gambling to attract Millennial players, eSports seem to have little trouble in getting their attention right from the start.

As to other interesting findings, fans of eSports games were found to be twice as likely to use streaming for traditional sports as opposed to those who aren’t fans of eSports, with 71% of the fan base preferring streaming, 40% having watched games on TV, and only 23% having attended a game in person. Fans of eSports were also three times likelier to be fans of Soccer, combat sports and racing – three of the most popular sport gaming niches.

Coinciding with the rapid growth of the fan base, eSport events and prize pools have been quickly expanding as well, with currently more than 16,000 tournaments played annually and more than 65 million in cash rewards. According to Nicole Pike, director of Nielsen Games, eSports can no longer be considered a “niche activity” as they have grown to become one of the fastest expanding parts of the sport industry.

Source: https://news.worldcasinodirectory.com/nielsen-report-dubs-esports-the-fastest-growing-part-of-the-sport-industry-37337

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American Creek Purchases Bear River Property in “Golden Triangle” of BC $AMK.ca

Posted by AGORACOM-JC at 9:35 AM on Wednesday, November 9th, 2016

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  • Purchased the Bear River property located near Stewart in the “Golden Triangle” of northern British Columbia from Acme Resources Inc
  • 475 hectare Property is located approximately 8 km northeast of Stewart along highway 37A and is immediately adjacent to American Creek’s recently acquired Dunwell property package that includes the historic Dunwell mine

CARDSTON, ALBERTA–(Nov. 9, 2016) - American Creek Resources Ltd. (TSX VENTURE:AMK) (“American Creek”) is pleased to report that it has purchased the Bear River property (“the Property”) located near Stewart in the “Golden Triangle” of northern British Columbia from Acme Resources Inc.

The 475 hectare Property is located approximately 8 km northeast of Stewart along highway 37A and is immediately adjacent to American Creek’s recently acquired Dunwell property package that includes the historic Dunwell mine.

The Bear River property lies within the Portland Canal Fissure Zone which has hosted several high-grade lead/silver/gold deposits including the historic Portland and Dunwell mines. Several occurrences of gold and silver mineralization hosted in epithermal quartz veins and gold with massive sulphides in altered volcanics have been documented on the Property.

The principle target is the Hill Top Zone, covering an area 500m by 300m which consists mainly of silicified and pyritized volcanic, sedimentary and intrusive rocks. An IP survey on this zone identified an area of high chargeability confirming the presence of a large amount of sulphides in a silicified area. Soil sampling confirmed the IP results.

The contiguous land position including the Bear River, Silvershot and Dunwell property package now spans some 1,560 hectares covering a significant portion of the rich Portland Canal Fissure Zone which lies in “One of the most important mineral trends of northwestern British Columbia extending from near the town of Stewart north to the Treaty Glacier” – Nelson / Kyba, British Columbia Geological Survey, Ministry of Energy and Mines, 2014.

The Property is being purchased for the total price of 800,000 common shares of American Creek. The deemed price of the shares is $0.065 for total value of $52,000

The shares issued under this agreement will be subject to a statutory 4 month hold period. This agreement is subject to approval by the TSX Venture Exchange.

American Creek is a Canadian junior mineral exploration company focused on the acquisition, exploration and development of mineral deposits within the Province of British Columbia, Canada.

In addition to this new acquisition, the corporation has a portfolio of gold and silver properties in various regions of the province:

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.

Kelvin Burton
403 752-4040
[email protected]
www.americancreek.com

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Namaste Highlights Voting Results from Key US States and Grants Options $N.ca

Posted by AGORACOM-JC at 9:29 AM on Wednesday, November 9th, 2016

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  • US states including California, Nevada, Massachusetts, and Maine voted to support the legalization of cannabis for recreational purposes
  • Post voting, a total of eight states have now legalized cannabis for recreational purposes, which represents upwards of 68 million people living in states where the recreational consumption of cannabis is legal

VANCOUVER, BRITISH COLUMBIA–(Nov. 9, 2016) – Namaste Technologies Inc. (“Namaste” or the “Company”) (CSE:N)(FRANKFURT:M5BQ) is pleased to report on the Company’s market position in the context of the recent voting results on the legalization of cannabis for recreational and medical purposes in US states. Specifically, of note, US states including California, Nevada, Massachusetts, and Maine voted to support the legalization of cannabis for recreational purposes. Post voting, a total of eight states have now legalized cannabis for recreational purposes, which represents upwards of 68 million people living in states where the recreational consumption of cannabis is legal. This represents approximately 21% of the total US population. Based on these voting results, it is anticipated additional US states will pursue legalization in future.

As a result of the acquisition of VaporSeller and URT1, Namaste is ideally positioned to capitalize on these developments in the US, where 74% of the Company’s customer base is located. This includes traffic originating from the state of California, the most populated state in the US and now one of the largest legalized cannabis markets in the world, where Namaste’s portals generated total site sessions of 76,829 for the months of September and October. It is anticipated that site traffic and sales from California and other states where voters supported legalization will increase in the foreseeable future.

Sean Dollinger, President and CEO of , comments: “The voting results that we have received this morning represent a historic event. At the beginning of 2016, we set forth with the objective of increasing our US presence and post completion of our first two acquisitions, we have ideally positioned ourselves to capitalize on deregulation events such as those that have just taken place. We will now focus our efforts on expanding our presence and offering in these key states.”

Option Grant

Namaste further announces that pursuant to the Company’s shareholder approved Stock Option Plan, the Company’s Board of Directors granted a total of 5,530,000 Incentive Stock Options (“Options”) to directors, officers, employees and consultants of the Company. 4,930,000 Options shall vest over a period of 2 years and 600,000 Options shall vest over a period of 1 year. All Options vest on a quarterly basis and have an exercise price of $0.35.

Select compensation includes:

  • Sean Dollinger, President and CEO – 1,500,000 Options and US$125,000 annual cash compensation; and 
  • Philip van den Burg, CFO – 1,200,000 Options and US$100,000 annual cash compensation.

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 links 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 a number of factors and risks including various risk factors discussed in the Company’s disclosure documents which can be found under the Company’s profile on www.sedar.com.

This 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
Direct: +1 (786) 389 9771
[email protected]
www.namastetechnologies.com

 

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Marijuana wins big on election night $MCOA.us $TBP.ca

Posted by AGORACOM-JC at 8:39 AM on Wednesday, November 9th, 2016


(Linda Davidson/The Washington Post)

  • On the medical side, voters in Florida, North Dakota and Arkansas have approved medical marijuana initiatives
  • separate measure in Montana that would loosen restrictions on an existing medical pot law was leading early Wednesday with only 30 percent of votes counted
  • Reformers were jubilant. “This represents a monumental victory for the marijuana reform movement,” said Ethan Nadelmann, executive director of the Drug Policy Alliance, in a statement. “With California’s leadership now, the end of marijuana prohibition nationally, and even internationally, is fast approaching.”

On the medical side, voters in Florida, North Dakota and Arkansas have approved medical marijuana initiatives. A separate measure in Montana that would loosen restrictions on an existing medical pot law was leading early Wednesday with only 30 percent of votes counted.

Reformers were jubilant. “This represents a monumental victory for the marijuana reform movement,” said Ethan Nadelmann, executive director of the Drug Policy Alliance, in a statement. “With California’s leadership now, the end of marijuana prohibition nationally, and even internationally, is fast approaching.”

How marijuana legalization in Washington, Colorado and Oregon is working out so far
Post)

California has long been seen as a bellwether by both supporters and opponents of marijuana reform. The state is home to about 12 percent of the U.S. population. Given the size of the state’s economy and the economic impact of the marijuana industry there, California’s adoption of legal marijuana could prompt federal authorities to rethink their decades-long prohibition on the use of marijuana.
In a recent interview with Bill Maher, President Obama said that passage of the legalization measures on Tuesday could make the current federal approach to the drug “untenable.”

Still, the likelihood of a Trump White House leaves a lot of uncertainty about the fate of marijuana measures in the next four years. Under Obama, federal authorities largely took a hands-off approach to state-level legalization efforts. But an incoming administration more skeptical of drug reform could easily reverse that approach.

“The prospect of Rudy Giuliani or Chris Christie as attorney general does not bode well,” the Drug Policy Alliance’s Nadelmann said in an interview. “There are various ways in which a hostile White House could trip things up.”

Still, Nadelmann pointed to the success of marijuana measures in the midst of an evident Republican wave as a sign that support for legalization now cuts deeply across party lines. And citing Trump’s often contradictory statements on marijuana and drug use in the past, Nadelmann added that “Donald Trump personally could probably go any which way on this.”

With today’s votes, legal marijuana is also making significant inroads in the Northeast. “Marijuana legalization has arrived on the East Coast,” said Tom Angell of the marijuana reform group Marijuana Majority in an email. “What Colorado and other states have already done is generating revenue, creating jobs and reducing crime, so it’s not surprising that voters in more places are eager to end prohibition.”

Opponents of legalization said they were disappointed by the outcomes. “We were outspent greatly in both California and Massachusetts, so this loss is disappointing, but not wholly unexpected,” said Kevin Sabet of the anti-legalization group Smart Approaches to Marijuana in a statement. “Despite having gained considerable ground in the last few weeks, the out-of-state interests determined to make money off of legalization put in too much money to overcome.”

Votes on medical marijuana in Florida and North Dakota were decisive. Florida’s Amendment 2 passed with 71 percent support, according to the Associated Press. In North Dakota, the AP reports that 64 percent of voters approving of the medical marijuana measure.

[One striking chart shows why pharma companies are fighting legal marijuana]

Two years ago, a medical marijuana measure in Florida earned 58 percent of the vote, just shy of the 60 percent threshold needed for passage. Then, as now, opposition to the measure was fueled by multimillion-dollar donations from Sheldon Adelson, the Las Vegas casino magnate and GOP donor. In 2014 Adelson spent $5.5 million to defeat the measure. This year he’s spent $1.5 million in Florida, and several million more to defeat recreational marijuana measures in other states.

“This is a major tipping point,” said Tom Angell of Florida’s vote. “With Florida’s decision, a majority of states in the U.S. now have laws allowing patients to find relief with medical marijuana, and these protections and programs are no longer concentrated in certain regions of the country like the West and Northeast.”

The victory in North Dakota is something of a surprise as no polling was done on the measure.

The Florida amendment has the potential to be one of the more permissive medical marijuana regimes in the nation. In addition to diseases like HIV, cancer and PTSD, the measure also allows doctors to recommend medical pot for “other debilitating medical conditions of the same kind or class as or comparable to those enumerated, and for which a physician believes that the medical use of marijuana would likely outweigh the potential health risks for a patient.” While the 2014 measure allowed doctors to prescribe marijuana for any illness they believed it would be useful for, the new measure requires they show the illness is severe — though the wording gives physicians considerable leeway in determining which conditions would meet those criteria.

The medical pot measure in North Dakota allows doctors to recommend the drug for a number of severe medical conditions.

With the passage of Amendment 2, Florida will become the first Southern state to enact a robust medical marijuana regime. Medical marijuana is already legal in 25 other states and the District.

Source: https://www.washingtonpost.com/news/wonk/wp/2016/11/08/medical-marijuana-sails-to-victory-in-florida/

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hempSMART.com is now live, products can be purchased, check it out! $MCOA.us

Posted by AGORACOM-JC at 6:24 PM on Monday, November 7th, 2016

hempSMART.com is now live, products can be purchased!

  • Formulated to promote brain health
  • Combines enhanced memory/cognitive function benefits with the additional benefits offered by CBD

Watch Our Recent Video

MCOA Hub on AGORACOM / Corporate Profile / Read Release

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