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Namaste $N.ca Announces Signing of Consulting Agreement With O Cannabis We Stand On Guard For Thee Corporation $AERO $CBDS $CGRW $APH.ca $GBLX

Posted by AGORACOM at 8:20 AM on Tuesday, December 12th, 2017
  • O Cannabis will provide patient consultation services to Namaste’s wholly owned subsidiary, NamasteMD Inc
  • O Cannabis will also be offering a select range of Namaste’s vaporizer hardware in their online platform.

VANCOUVER, British Columbia, Dec. 12, 2017 (GLOBE NEWSWIRE) — Namaste Technologies Inc. (“Namaste” or the “Company”) (CSE:N)(OTCQB:NXTTF)(FRANKFURT:M5BQ) is pleased to announce that further to its December 5, 2017 announcement: NAMASTE ANNOUNCES NON-BINDING LETTER OF INTENT WITH O CANNABIS CLINIC FOR MANAGEMENT SERVICES, the Company has signed a Services Agreement (the “Agreement”) with O Cannabis We Stand On Guard For Thee Corporation (“O Cannabis”), whereby O Cannabis will provide patient consultation services to Namaste’s wholly owned subsidiary, NamasteMD Inc. (“NamasteMD”). Pursuant to the Agreement, O Cannabis will provide management services to NamasteMD that will include patient consultations, education, strain recommendations and medical document issuance to qualified patients under the guidance of nurse practitioners. In addition to these services, O Cannabis will also be offering a select range of Namaste’s vaporizer hardware in their online platform.

Terms of the Agreement
Under the terms of the Agreement, O Cannabis’ management team will be responsible for the general operation of NamasteMD’s platform and will provide the following services:

  • Patient Qualification
  • Patient Onboarding
  • Education
  • Recommendations (strains and dosages)
  • Follow-up Care
  • Medical Documents
  • Self-titration Training
  • Maintaining 75% patient retention rates

In return for these services, Namaste will pay O Cannabis as follows:

  • CAD $60 for each patient approval, being a patient consultation resulting in the issuance of a prescription for medical cannabis
  • 50% of the net profit for “platinum” packages, as outlined in the Agreement
  • 5% of the gross revenue collected for patients where medical cannabis is sourced from local licensed producers
  • 10% of the gross revenue collected for patients where medical cannabis is sourced from international licensed producers
  • 15% of the gross revenue collected through the sale of Namaste’s vaporizers and cannabis ancillary products, which O Cannabis will add to its website
  • The issuance of 15,000 common share stock options to the O Cannabis management team

Execution of this Agreement represents a major milestone in the expansion of the NamasteMD platform into medical cannabis sales using the Company’s innovative telemedicine application, and will provide an incredibly efficient platform for patient consultations and medical documentation issuance. NamasteMD customers will have the ability to connect to Namaste’s e-commerce platform through Namaste’s wholly owned subsidiary, Cannmart Inc. (“CannMart”), which will provide patients with an online marketplace for medical cannabis products, including strains sourced from both domestic and international licensed producers. CannMart is a late stage applicant for a “Sales Only License” under the Canadian Access to Cannabis for Medical Purposes Regulations (“ACMPR”) program. Namaste’s goal is to become Canada’s leading medical cannabis online retailer by leveraging its existing consumer base, along with utilizing its advanced expertise in e-commerce. In doing so, Namaste believes it can successfully convert and on-board patients at an accelerated growth rate and offer the best quality of care for its patients. Namaste believes that with its aggressive growth strategy and the implementation of NamasteMD, it will be able to accumulate a minimum of 18,200 patients within the first calendar year of operations. This figure is based on Namaste’s current site traffic of 1,000 unique visitors per day with a 5% conversion rate, which would generate 350 patients per week. Namaste expects each patient acquisition to cost on average $60.00 per patient, based on the terms of the Agreement, which is currently lower than any industry standard for medical patients.

About O Cannabis
O Cannabis offers affordable medical cannabis telemedicine appointments to patients across Canada, allowing timely access to quality medicine in remote and under-serviced regions; from Yukon to Newfoundland and everywhere in between. O Cannabis has built a name for themselves by offering unparalleled patient education and industry leading follow up care. O Cannabis patients report their appreciation for the easy and fun telemedicine experience, O Cannabis’ streamlined approach to medical document issuance and the exceptional care patients receive at each step of their medical cannabis journey.

About NamasteMD
NamasteMD is an innovative application that connects patients with medical practitioners through a secure video conference call and incorporates industry-leading facial recognition technology, including instant age and identity verification using data feeds linked to federal databases.  The O Cannabis management team is a highly trained group of medical professionals that offer industry leading care for their patients. Through the NamasteMD platform, patients will be offered a variety of packages that will include both free and paid options. Once a patient receives a medical document, they will have access to purchase directly from CannMart’s medical cannabis marketplace, once CannMart receives its “Sales Only License”. The Company expects the full launch of NamasteMD, including the app for both Apple and Android platforms, to be in operation and accepting patients as soon as December 15, 2017.

Management Commentary
Morgan Toombs, President and CEO of O Cannabis comments: “We are delighted that Namaste has recognized O Cannabis’ expertise within the medical cannabis industry.  Our forte is offering unparalleled education and follow-up care to medical cannabis patients so they can safely navigate the confusing landscape. Our team is honoured to be able to help Namaste’s patient demographic and bring much needed access to qualified Canadians so they can benefit from medical cannabis as a treatment option. We look forward to providing our exceptional care to Namaste’s patients throughout the course of their medical cannabis journey.”

Sean Dollinger, President and CEO of Namaste comments: “We are very proud to be working with such a professional group of people. O Cannabis’ team is dedicated to offering the best possible service and support for patients. This Agreement represents a major milestone for Namaste in launching what we believe to be the most innovative platform for patient acquisitions that the Canadian medical cannabis market has seen. We are looking forward to working with O Cannabis in revolutionizing the way patients connect with doctors and nurse practitioners and will look to create the fastest growing database of patients in the country. Thanks to O Cannabis and their team as well as Namaste’s management team in bringing this opportunity to life. We are very excited about the future!”

About Namaste Technologies Inc.
Namaste is the largest online retailer for medical cannabis delivery systems globally. Namaste distributes vaporizers and smoking accessories through e-commerce sites in 26 countries and with 5 distribution hubs located around the world. Namaste has majority market share in Europe and Australia, with operations in the UK, US, Canada and Germany and has opened new supply channels into emerging markets including Brazil, Mexico and Chile. Namaste, through its acquisition of Cannmart Inc., a Canadian based late-stage applicant for a medical cannabis distribution license (under the ACMPR Program) is pursuing a new revenue vertical in online retail of medical cannabis in the Canadian market. Namaste intends to leverage its existing database of Canadian medical cannabis consumers, along with its expertise in e-commerce to create an online marketplace for medical cannabis patients, offering a larger variety of product and a better user experience.

On behalf of the Board of Directors

“Sean Dollinger”
Chief Executive Officer
Direct: +1 (786) 389 9771
Email: [email protected]

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.everyonedoesit.com
www.everyonedoesit.co.uk

$GLI.ca Glacier Lake Acquires Silver Star Property $GTT.ca $JAX.ca

Posted by AGORACOM at 9:37 AM on Monday, December 4th, 2017

 

  • Signed a definitive agreement to acquire the Silver Star property, 72km S/E of Houston
  • Property represents a strategic acquisition in an emerging exploration area.

 

Glacier Lake Resources Inc. (TSXV:GLI) (“Glacier” or the “Company”) has signed a definitive agreement with an arm’s-length vendor to acquire the Silver Star property, located approximately 72 kilometers southeast of Houston B.C.

Historic exploration work in 2015 discovered a surface mineral showing where a grab sample of malachite and azurite stained siliceous andesite returned a value of 317 grams per tonne silver (g/t) Ag or 9.15 ounces silver per ton and 0.39% copper, with anomalous lead (0.80 % Pb) and zinc (0.08% Zn). The sample was not assayed for gold. Investors are cautioned grab samples are selective samples and are not necessarily representative of the mineralization hosted on the property. Investors should also note Glacier Lake has not verified the data. There is no record of prior or subsequent historic exploration on the Silver Star property.

“The Silver Star property represents a further strategic acquisition in an emerging exploration area of central British Columbia, energized by the exploration success of New Nadina on the Silver Queen property. Acquiring a project with significant silver values in prospective geology in an attractive structural setting with only limited exploration history serves as a focal point for further discoveries” stated Saf Dhillon, Glacier Lake’s president and chief executive officer. “With excellent road access, exploration activities can continue on the property year-round.”

The Silver Star property is underlain by Cretaceous Kasalka group andesitic volcanics and Middle Jurassic Bowser Lake group clastic sediments. A Geological Survey of Canada (GSC) 1992 structural study shows the Silver Star property is located within bounding NW-SE regional fault structures that extend south from the Equity Silver Mine, where historic production of 33.8 million tonnes grading 0.4 per cent copper, 64.9 grams per tonne silver and 0.46 gram per tonne gold was recorded between 1990 and 1994. Glacier Lake has not verified the historic Equity Silver Mine production and further cautions investors the mineralization at Equity Silver is not necessarily indicative of mineralization at Silver Star.

The 1992 GSC structural study indicates the Silver Star property straddles the junction of the western portion of the Cheslatta Caldera Complex, the northern portion of the Quanchus Caldera, and the south-eastern extension of the Buck Creek Caldera (host of the Equity Silver Mine). Glacier Lake feels the interpretation of multiple caldera features with associated silver values at the Silver Star property has similarities with the caldera hosted New Nadina Explorations Silver Queen vein system located 42 kilometres to the northwest.

The newly discovered mineral showing consists of mini-quartz stockworks, brecciation and quartz/ chalcedony alteration. Prospecting in 2015 focused on a highly siliceous gossanous andesite outcrop with azurite/malachite oxidation and possible tetrahedrite. Other samples in the general area reported moderate Fe stained chalcedonic veining with a smoky matrix. A second grab sample in the discovery outcrop area returned 42.7 g/t Ag, 310 parts per million (ppm) Cu. 563 ppm Pb, and 585 ppm Zn.

In consideration for the property, Glacier Lake will issue one million common shares. Completion of the acquisition is subject to the approval of the TSX Venture Exchange. All common shares issued will be subject to a four-month-and-one-day statutory hold period.

The technical content of this news release has been reviewed and approved by R. Tim Henneberry, P.Geo., a member of the Glacier Lake Advisory Board and a qualified person as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects.

FOR ADDITIONAL INFORMATION PLEASE CONTACT:

Saf Dhillon
President & CEO
Glacier Lake Resources Inc.
Tel: 866-687-7059
Dir: 604-688-2922
[email protected]

Please visit our Website at: www.glacierlake.ca

PyroGenesis $PYR.ca Signs Non-Disclosure Agreement with Second Global Aircraft Engine Manufacturer $DDD $SSYS $ PRLB

Posted by AGORACOM-JC at 8:43 AM on Monday, December 4th, 2017

Pyr header 1

  • Signed a non-disclosure agreement with a second global aircraft engine manufacturer.
  • Name of the Client has been withheld and will remain confidential for competitive reasons
  • “We are very happy to have signed an NDA with a second global aircraft engine manufacturer in less than a month, and we look forward to developing a more substantive relationship with them,” said P. Peter Pascali, President and CEO of PyroGenesis.

MONTREAL, Quebec, Dec. 04, 2017 — PyroGenesis Canada Inc. (http://pyrogenesis.com) (TSX-V:PYR) (OTCQB:PYRNF), a high-tech corporation (the “Corporation” or “PyroGenesis”) that designs, develops, manufactures and commercializes plasma waste-to-energy systems and plasma torch products, announces today that it has signed a non-disclosure agreement (“NDA”) with a second global aircraft engine manufacturer. The name of the Client has been withheld and will remain confidential for competitive reasons.

“We are very happy to have signed an NDA with a second global aircraft engine manufacturer in less than a month, and we look forward to developing a more substantive relationship with them,” said P. Peter Pascali, President and CEO of PyroGenesis. “I must once again caution readers not to draw any premature conclusions from this announcement. Though, once again, it does signal an interest in our capabilities, and yes, that interest does come from a very discerning, demanding, and sophisticated party, we are still at the very preliminary stages and there is no guarantee that anything of any commercial value will materialize from these efforts. We feel that these recently concluded NDAs are material in the sense that they confirm both our strategy to become a powder producer to the additive manufacturing industry, as well as our premise that there is a significant demand within the additive manufacturing industry for our products.”

PyroGenesis is the inventor of Plasma Atomization – a plasma-based process that produces small, spherical, metal powders for the Additive Manufacturing (“AM”) industry, particularly 3D printing, and which has become the gold standard.

The Corporation recently announced the successful completion of the ramp-up of its first (1st) plasma atomization system since announcing, in 2015, that it would become a supplier of powders to the AM industry. During ramp-up, the Corporation not only received several sample purchase orders, but also developed new Intellectual Property which effectively allows the manufacture of very narrow particle size distributions, at higher production rates, with little-to-no waste. The Corporation feels that this breakthrough could be even more game changing than its original Plasma Atomization patent.

About PyroGenesis Canada Inc.
PyroGenesis Canada Inc. is the world leader in the design, development, manufacture and commercialization of advanced plasma processes. PyroGenesis provides technical and manufacturing expertise, cutting-edge contract research, as well as turnkey process equipment packages to the defense, metallurgical, mining, additive manufacturing (3D printing), oil & gas, and environmental industries. With a team of experienced engineers, scientists and technicians working out of our Montreal office and 3,800 m2 (approx. 40,900 square feet) manufacturing facility, PyroGenesis maintains its competitive advantage by remaining at the forefront of technology development and commercialization. Its core competencies allow PyroGenesis to lead the way in providing innovative plasma torches, plasma waste processes, high-temperature metallurgical processes, and technical services to the global marketplace. Its operations are ISO 9001:2008 certified, and have been ISO certified since 1997. PyroGenesis is a publicly-traded Canadian corporation on the TSX Venture Exchange (Ticker Symbol: PYR) and on the OTCQB Marketplace (Ticker Symbol: PYRNF). For more information, please visit www.pyrogenesis.com

About PyroGenesis Additive.
PyroGenesis Additive, a division of PyroGenesis Canada Inc., the inventor of Plasma Atomization, specializes in providing plasma atomized spherical metallic powders with some of the most spherical, pure, dense, and highly flowable properties, which are highly sought after in the Additive Manufacturing (“AM”) Industry. With PyroGenesis’ extensive plasma expertise, PyroGenesis Additive is not only able to convert traditional metals and alloys into high purity spherical powders, but also create specialty powders on an exclusive basis. The versatility of the process allows PyroGenesis Additive to quickly adapt to a customer’s needs both in terms of Particle Size Distribution (PSD), and type of metal powders required. The metal powders produced by PyroGenesis Additive are ideal for the additive manufacturing, aerospace, biomedical, thermal spray, and metal injection molding industries.

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 Corporation’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 Corporation with respect to future events and are subject to certain risks and uncertainties and other risks detailed from time-to-time in the Corporation’s ongoing filings with the securities regulatory authorities, which filings can be found at www.sedar.com, or at www.otcmarkets.com. Actual results, events, and performance may differ materially. Readers are cautioned not to place undue reliance on these forward-looking statements. The Corporation 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, its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) nor the OTC Markets Group Inc. accepts responsibility for the adequacy or accuracy of this press release.

For further information: Rodayna Kafal, VP, Investor Relations and Communications, Phone: (514) 937-0002, E-mail: [email protected] or [email protected]

 

Source: GlobeNewswire (December 4, 2017 – 8:35 AM EST)

$AAO.ca Augusta Industries Through Its Sub FOX-TEK Receives a Contract for an Application in the Nuclear Space

Posted by AGORACOM at 12:36 PM on Monday, November 27th, 2017

 

  • FOX-TEK Canada Inc. received a contract for phase one ( proof-of-concept application) in the Nuclear Space
  • Will demonstrate technological ability to measure minute changes in pressure in a test pipe.
  • “Contract represents a first big step toward serving a new market and an exciting space for the Corporation.”

Toronto, Ontario–(November 27, 2017) – Augusta Industries Inc. (TSXV: AAO) (the “Corporation”), a developer and marketer of patented non-intrusive sensing systems, is pleased to announce that its wholly-owned subsidiary, FOX-TEK Canada Inc. (“Fox-Tek”), received a contract for phase one (a proof-of-concept application) in the Nuclear Space. For this application FOX-TEK will look at the use of its high precision Fiber Bragg Grating (FBG) acquisition equipment to measure very small changes in strain in injector ports.

If successful, the technology will be incorporated within the end users injection control system to verify (in real time) that the injection ports are not clogged. This will be part of a safety program due to the material being transported to the injectors. A failure of the injectors could lead to a hazardous situation.

The proof-of-concept will demonstrate that the technology will be able to measure minute changes in pressure in a test pipe. A number of FBG sensors will be mounted on the test spool for validation of the technology.

“This is an example of the Corporation’s strategy to expand our bandwidth and offering New technologies and concepts. We pursuing markets untapped in the past with new concepts and applications in the Industrial Nuclear arena,” commented Allen Lone, President and CEO of the Corporation. “This contract represent a first big step toward serving a new market and an exciting space for the Corporation.”

About the Corporation

Through its wholly owned subsidiaries, Marcon International Inc. (“Marcon”) and Fox-Tek Canada Inc. (“Fox-Tek”), the Company provides a variety of services and products to a number of clients.

Marcon is an industrial supply contractor servicing the energy sector and a number of US Government entities. Marcon’s principal business is the sale and distribution of industrial parts and equipment.

Fox-Tek provides world leading solutions to various sectors including the oil and gas industry. With non-intrusive technologies including fiber-optic sensors and electric field mapping systems, Fox-Tek is able to accurately measure changes that could negatively impact our client’s operations.

Corporation Contact:

Allen Lone, President, CEO, Augusta Industries Inc.
Tel: (905) 275 8111 Ext 226, email: [email protected]

$CKR.ca CKR Carbon Announces over Subscription of Non-Brokered Private Placement

Posted by AGORACOM at 10:05 AM on Thursday, November 23rd, 2017

  • Raising $2,793,700 in working capital
  • 39,910,000 shares issued at .07
  • Closes on November 24, 2017, all securities issued are subject to a statutory four month hold period.

 

CKR Carbon Corporation (TSXV: CKR) (FSE: CB81) (WKN: A143MR) (“CKR” or the “Company”) an integrated graphite to hybrid graphenes advanced nano material development company is pleased to announce that the offering of a non-brokered private placement announced on October 30, 2017 has been over-subscribed by $343,700 and the Company will be offering up to 39,910,000 working capital units (the “WC Unit“) for up to $2,793,700 (the “Offering“).

Each WC Unit is priced at $0.07 and consists of one (1) common share and one (1) common share purchase warrant (“WC Warrant“). Each WC Warrant entitles the holder to purchase one (1) common share (a “WC Warrant Share“) at a price of $0.10 per WC Warrant Share until the earlier of: (i) three (3) years following the Closing of the Offering; and (ii) in the event that the closing price of the Common Shares on the TSX Venture Exchange is at least $0.30 for twenty (20) consecutive trading days, and the 20th trading day (the “Final Trading Day“) is at least four (4) months from the Closing Date, the date which is thirty (30) days from the Final Trading Day.

Eligible Finders may receive up to 7% of the value of proceeds of the sale of WC Units in cash and up to 7% of the number of WC Units sold in the form of broker warrants. Each broker warrant issued in respect of the sale of WC Units entitles the holder to acquire one (1) common share of CKR at $0.07 for a period of three (3) years from the Closing of the Offering.

The Offering is expected to close on November 24, 2017. All securities issued under the Offering are subject to a statutory four month hold period.

Insiders of the Company are subscribing for 2,400,000 WC Units for $168,000. The insider private placements are exempt from the valuation and minority shareholder approval requirements of Multilateral Instrument 61-101 (“MI 61-101“) by virtue of the exemptions contained in sections 5.5(a) and 5.7(1) (a) of MI 61-101 in that the fair market value of the consideration for the securities of the Company which may be issued to the insiders does not exceed 25% of its market capitalization.

About CKR Carbon Corporation

CKR Carbon Corporation is an advanced materials company focused on mine to market commercialization of graphite products most notably high value graphene based components for a range of mass market products. We are collaborating with a leading European manufacturer of graphenes to use Aukam graphite to manufacture graphene products for commercialization on an industrial scale. The company is listed on the TSX Venture Exchange under the symbol CKR.

For more information: visit the website at www.ckr-carbon.com or contact:

Arno Brand, Co-CEO +1 416-561-4095 [email protected]

Pilley’s Island Trench Samples Return up to 27.5% Zinc, 20.0% Lead, 8.36% Copper and 63.4 g/t Silver, Newfoundland $AGB.ca $MOZ.ca $SZM.ca

Posted by AGORACOM at 10:09 AM on Thursday, November 16th, 2017

  • Pilley’s Island Base Metal – Precious Metal Property- Located in North-Central Newfoundland
  • Grab samples collected from trenches returned up to 27.5% Zn, 20.0% Pb, 8.36% Cu and 63.4 g/t Ag
  • Diamond drill program is to commence in late November.

 

Vancouver, British Columbia (FSCwire)GREAT ATLANTIC RESOURCES CORP. (TSXV.GR) (the “Company” or “Great Atlantic”) is pleased to announce it has received initial analytical results for rock samples collected during a recent trenching program at its Pilley’s Island Base Metal – Precious Metal Property, located in north-central Newfoundland. The exploration program was jointly operated with option partner Unity Resources. Rock grab samples collected from the trenches returned up to 27.5% Zn, 20.0% Pb, 8.36% Cu and 63.4 g/t Ag. Great Atlantic and Unity Resources are planning a diamond drilling program on the property to commence in late November. The property hosts an historic copper mine along with several zinc, lead, copper (+ / – gold, silver) occurrences.

 

 

One area of recent trenching was the Bull Road showing. Previous historic work included trenching and drilling with 7 holes sunk on the showing. Reported historic trench samples at Bull Road include 12.42% Zn, 3.87% Cu, 0.95% Pb and 0.71 oz./ton Ag over 4.6m. One historic drill hole at this showing was reported to intersect 22.2% Zn, 4.4% Pb, 0.1% Cu and 0.96 oz./ton Ag over 0.65m core length within an intersection of 7.85m grading 0.66% Cu, 0.51% Pb, 3.41% Zn and 0.34 oz./ton Ag. The recent trenching program included re-opening and re-evaluating the historic Bull Road Showing.

 

Trenching along the trace of the Bull Road Showing exposed mineralization over a length of 130m with a width varying between 1-7m. The Bull Road Showing is a polylithic slump breccia of volcanogenic massive sulphide mineralization containing massive sulphide clasts up to greater than a metre in length.

 

Rock grab samples taken from selected styles of mineralization during the current program are presented in the table below.

 

Massive sulfide mineralization at Bull Road Trench.

To view the graphic in its original size, please click here

 

Massive sulfide mineralization at Bull Road Trench

To view the graphic in its original size, please click here

 

Massive sulfide mineralization at Bull Road Trench

To view the graphic in its original size, please click here

 

Bull Road Trench

To view the graphic in its original size, please click here

 

The Bull Road showing will be targeted during the upcoming diamond drill program.

 

The Pilley’s Island Property hosts an historic mine with reported historic estimated reserves of 1.159 million tonnes grading 1.23% Cu or 627,373 tons at 2.34% Cu and 0.01 oz./ton Au. This volcanogenic massive sulphide deposit is analogous to Kuroko/Buchans style mineralization. The Property also hosts other base metal – precious metals occurrences including the Bull Road showing and Fragmental Zone.

 

The Pilley’s Island Property consists of 7 adjoining licences covering a total are of 875 hectares. Access to and infrastructure at the property is excellent. The property is serviced with power mains and government maintained roads and is within 2 km of tide water. The property is located within a mining friendly district.

$AAO.ca Augusta Directors and Officers Sign a Lock-up Agreement for FOX-TEK spin-off

Posted by AGORACOM at 12:17 PM on Thursday, November 9th, 2017

 

  • Directors and Officers of the Company have agreed to vote their Shares in support of the spin-off of FOX-TEK
  • Combined they control an aggregate of 83,454,264 common shares
  • Augusta committed to shareholders receiving benefits of spin-off

Toronto, Ontario–(Newsfile Corp. – November 9, 2017) – Further to its press release of September 28, 2017, Augusta Industries Inc. (TSXV: AAO) (the “Company”) would like to announce that the directors and officers of the Company, holding an aggregate of 83,454,264 common shares (the “Shares”) in the capital of the Company, have entered into a lock-up agreement where they have agreed to vote the Shares in support of the spin-off of FOX-TEK Canada Inc.

“The Company continues to work with its advisors to ensure the success of the proposed spin-off of FOX-TEK and to ensure that it is done it a manner that is beneficial to its shareholders,” said Allen Lone, President and Chief Executive Officer of the Company. “The Company is very appreciative of the achievements so far prior to the Annual shareholders general meeting, which will be announced in short order.”

About the Corporation

Through its wholly owned subsidiaries, Marcon International Inc. (“Marcon”) and Fox-Tek Canada Inc. (“Fox-Tek”), the Company provides a variety of services and products to a number of clients.

Marcon is an industrial supply contractor servicing the energy sector and a number of US Government entities. Marcon’s principal business is the sale and distribution of industrial parts and equipment.

Fox-Tek provides world leading solutions to various sectors including the oil and gas industry. With non-intrusive technologies including fiber-optic sensors and electric field mapping systems, Fox-Tek is able to accurately measure changes that could negatively impact our client’s operations.

Corporation contact:

Allen Lone, President and C.E.O.
Tel: 905.275.8111, Ext. 226
Email: [email protected]

The TSX Venture Exchange has in no way passed upon the merits of the proposed transaction and has neither approved nor disapproved the contents of this press release.

GGX Gold receives additional Drill Results from Phase II Diamond Drilling at Gold Drop, including 3.17 g/t Gold over 0.47 Meters

Posted by AGORACOM at 9:30 AM on Wednesday, October 25th, 2017

 

  • Northeast – Southwest COD Vein has over 160 meter strike length
  • Results are from drill holes COD17-21 to COD17-27
  • GGX intercepted 3.17 g/t Gold over 0.47 Meters

Vancouver, British Columbia (FSCwire)GGX Gold Corp. (TSXV: GGX) (the “Company” or “GGX”) is pleased to announce the receipt of additional drill core sample analytical results from the recent diamond drilling program at its Gold Drop Property, located near Greenwood, B.C. These analytical results are for samples from drill holes COD17-21 to COD17-27. The Company recently completed a Phase II diamond drilling program in the Gold Drop Southwest Zone, targeting the gold and silver bearing COD Vein.

 

The objective of the Phase II drilling was to further explore and define the COD Vein, a Dentonia / Jewel style quartz vein. Trenching during 2017 exposed the northeast – southwest striking COD Vein for over 160 meter strike length. The Phase II drilling program aimed to delineate the COD Vein from 2 pad locations in the northern extent of the trench, 100 and 160 m north of the COD mine shaft. The Phase II drilling totaled 12 holes (690 meters).

 

To view the graphic in its original size, please click here

 

The Company had previously received analytical results for 68 trench channel samples collected at the COD Vein. These samples returned anomalous to high grade values for gold, including high values of 43.2 grams / tonne (g/t) Gold and 224 g/t Silver (News Release of July 26, 2017). The first batch of 2017 drill core samples for the COD Vein returned up to 24.1 g/t Gold and 192 g/t Silver (News Release of Aug 28, 2017). The second batch of drill core samples also returned significant gold and silver values including a broad intersection in hole COD17-14 grading 4.59 g/t Gold and 38.64 g/t Silver over 16.03 meters core length with a high grade core grading 10.96 g/t Gold and 89.86 g/t Silver over 5.97 meters core length (News Release of Sept 7, 2017).

 

To view the graphic in its original size, please click here

 

Drill core was geologically logged and sampled at the Greenwood facility. Drill core was sawn in half with half core samples submitted for analysis and remaining half core stored in a secure location. Core samples were delivered to the ALS Minerals laboratory in Vancouver to be analyzed for gold by Fire Assay – AA. The samples from holes 15 to 27 were also analyzed for 48 Elements by Four Acid and ICP-AES / ICP-MS. Quality control (QC) samples are inserted at regular intervals.

 

To view the graphic in its original size, please click here

 

Drill core samples collected for holes COD17-21 to COD17-27 were from select intervals, testing the COD Vein and intervals of host rock. The analyses listed in the following table below are from the gold and silver bearing vein and / or low grade mineralized host rock. Since true widths cannot be accurately determined from the information available the core lengths (meters) are reported. The Gold and Silver analyses are reported in grams / tonne.

 

HOLE ID From To Core interval Length Au ppm Ag ppm
COD17-22 10.97 11.65 0.68 0.74 8.82
COD17-23 11.55 12.25 0.7 0.49 5.11
COD17-23 56.75 57.2 0.45 0.59 5.91
COD17-23 58.95 59.6 0.65 0.76 5.86
COD17-24 12.97 13.82 0.85 0.43 5.79
COD17-25 47.67 48.38 0.71 1.52 15.35
COD17-25 48.38 49.01 0.63 0.43 5.94
COD17-26 8 8.47 0.47 3.17 40.1
COD17-26 29.92 30.76 0.84 0.52 5.02
COD17-27 10.62 10.97 0.35 0.61 6.46
COD17-27 38.06 38.96 0.9 0.43 5.68

Hole COD17-26 was located at the northern-most pad along the COD trench. The sample at 8.00 – 8.47 meters from this hole was of a near-surface oxidized vein. The sample at 47.67 – 48.38 meters from hole COD17-25 was of quartz veins and altered host rock. This batch of analytical results continues to reveal intervals of low grade gold in the host rock. The two samples at 56.75 – 57.20 and 58.95 – 59.60 meters from hole COD17-23 are of altered host rock.

 

Quartz veins in COD17-14

To view the graphic in its original size, please click here

 

David Martin, P.Geo., a Qualified Person as defined by NI 43-101, is responsible for the technical information contained in this News Release.

 

On Behalf of the Board of Directors,

 

Barry Brown, Director

604-488-3900

 

Investor Relations:

 

Mr.  Jack Singh: 604-720-6598     E-mail: [email protected]

 

“ We don’t have to do this, we get to do this ” 

$GR.ca Great Atlantic Receives Diamond Drilling Permit Keymet Precious – Base Metal Property Bathurst, New Brunswick

Posted by AGORACOM at 9:28 AM on Tuesday, September 19th, 2017

 

 

  • Located 20 kilometres northwest of Bathurst
  • Multiple pathfinder minerals located ( gold, silver, zinc, lead and / or copper occurrences )
  • 500 metre drill program to test multiple base metal and silver bearing vein occurrences

Vancouver, British Columbia (FSCwire)GREAT ATLANTIC RESOURCES CORP. (TSXV.GR) (the “Company” or “Great Atlantic”) is pleased to announce it has received a diamond drilling permit from the New Brunswick Dept. of Energy and Mines for its Keymet Precious – Base Metal Property, located in northeast New Brunswick. The Company is planning drilling beginning in mid-September in the northwest region of the property. The Keymet property, located approximately 20 kilometres northwest of Bathurst, hosts multiple gold, silver, zinc, lead and / or copper occurrences including the Keymet deposit, site of the historic Keymet Mine. Drilling will further test an area of reported zinc, lead, copper and silver bearing vein(s) including 2015 Great Atlantic drill intersections (16.7 % zinc and 152 g/t silver over 1.8 meter core length and 8.7% zinc over 4.28 meter core length) and a near-by gold bearing zone discovered by the Company in a 2015 trench (1.1 g/t gold over 4.9 meters in channel sampling).

 

To view the graphic in its original size, please click here

 

The drilling program is planned for the northwest region of the Keymet Property, a priority area for the Company. The program will be a minimum of 500 metres. Multiple base metal and silver bearing vein occurrences are reported in this region, including the historic Keymet Mine which operated during the 1950s. The drilling program will further test one of these vein occurrences, referred to as the Elmtree 12 vein occurrences. Gold bearing boulders and gold bearing zones in trench bedrock are also documented in this region of the property. The drilling program will test one such gold zone.

 

Historic Keymet Mine (1950s)

To view the graphic in its original size, please click here

 

The Elmtree 12 base metal and silver bearing vein occurrence is located approximately 1.4 kilometres northwest of the historic Keymet Mine. Closed-spaced 1980s diamond drill holes (Brunswick Mining and Smelting and Aurtec Inc.) intersected near-surface mineralized veins in this area. A 0.88 metre core length interval from a 1981 drill hole was reported to grade 7.72% Cu, 11.36% Zn and 13.6 ounces per ton Ag. A 1.22 metre core length sample from a near-by 1989 drill hole was reported to assay 16.4% Cu, 10.11% Zn and 31.0 ounces per ton Ag. The true width of these intersections is unknown. These drill intersections are within 50 metre vertical depth. During 2015, Great Atlantic conducted trenching in the area of these reported 1980s drill holes. One trench exposed a northwest striking mineralized vein approximately above the reported 1980s drill intersections. A 0.5 metre channel samples across the vein returned 1.52% zinc, 1.94% copper and 308 g/t silver.

 

During 2015 Great Atlantic drilled two holes (Ky-15-3 and Ky-15-4) in the area of the 2015 trench and the 1980s holes. These holes were also collared within a zone of gold bearing silicified sedimentary boulders previously discovered by the Company (boulder assays reported up to 51 grams per tonne Au.). The zone of gold-bearing boulders extends west of these two holes in the reported up-ice glacial direction. Both holes intersected base metal and silver bearing veins and local gold mineralization.

 

 

Zinc, copper and silver bearing vein in 2015 Trench at Elmtree 12 Vein Occurrence

To view the graphic in its original size, please click here

 

Both Ky-15-3 and Ky-15-4 were drilled from the same set-up to the northeast (050 degree azimuth) approximately under the previous 2015 trench and from the opposite direction as the reported 1980s holes. Ky-15-3 was drilled at a 45 degree angle and intersected sphalerite – rich veins at 60.80 – 62.60 metres (returning 16.68% zinc, 1.11% copper and 152.0 g/t silver over a 1.80 metre core length). Ky-15-4 was drilled at a 60 degree dip on the same azimuth to intersect the veins deeper. Multiple sphalerite bearing veins were intersected in this hole at 90.07 – 94.35 metres (returning 8.68% zinc and 44.8 g/t silver Ag over 4.28 metre core length), approximately 35 metres vertically under the main vein intersected in Ky-15-3. Hole Ky-15-3 intersected a gold bearing interval, with a sample at 30.10 – 32.20 meters (2.1 meter core length) returning 3.28 g/t gold. The true width of these initial 2015 drill intersections is unknown at this time.

 

Drilling is planned during September 2017 on either side of holes Ky-15-3 and Ky-15-4 testing the continuation of the zinc, copper and silver bearing veins along strike and testing the continuation of the gold bearing zone intersected in Ky-15-3.

 

Drilling is also planned during the September program under a gold bearing zone exposed during a 2015 trench southwest of holes Ky-15-3 and Ky-15-4. Channel samples from a zone of altered sediments returned 1.11 g/t gold over a 4.9 metre total length. The channel samples were orientated east-west parallel to the trench direction. The orientation of this gold bearing zone has not been determined. This gold bearing zone is approximately 80 metres southwest of the collars of holes Ky-15-3 and Ky-15-4.

 

Zinc (sphalerite) – bearing carbonate vein in Ky-15-4.

To view the graphic in its original size, please click here

 

Access to the property is excellent with paved roads transecting the property, including a provincial highway. The property covers an area of approximately 3,400 hectares.

 

Readers are warned that historical records referred to in this News Release have been examined but not verified by a qualified person. Further work is required to verify that historical assays referred to in this News Release are accurate.

 

David Martin, P.Geo., a Qualified Person as defined by NI 43-101, is responsible for the technical information contained in this News Release.

 

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

 

On Behalf of the board of directors

 

“Lorne Mann”

 

This press release includes certain statements that may be deemed “forward-looking statements”. All statements in this release, other than statements of historical facts, that address future exploration drilling, exploration activities and events or developments that the Company expects, are forward looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include exploitation and exploration successes, continued availability of financing, and general economic, market or business conditions.

 

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.

 

Great Atlantic Resource Corp

888 Dunsmuir Street – Suite 888, Vancouver, B.C., V6C 3K4

$AAO.ca Augusta Subsidiary, Marcon Announces New Contracts

Posted by AGORACOM at 10:10 AM on Thursday, September 7th, 2017

 

http://www.marconintl.com/images/marcon-logo.gif

  • Contract Awarded to Augusta subsidiary Marcon International
  • Valued at $782,703, future orders total $1,842,098.00 as of August 31, 2017
  • Contracts are with United States Governement

Toronto, Ontario–(Newsfile Corp. – September 7, 2017) – Augusta Industries Inc. (TSXV: AAO) (the “Corporation”) is pleased to announce that its wholly owned subsidiary, Marcon International Inc. (“Marcon”), has been awarded contracts with various departments of the United States government for the supply of instrumentation and equipment. The aggregate value of the new contracts entered into in August is $782,703.00. The current pipeline of orders, including these new contracts, is $1,842,098.00 as of August 31, 2017.

“The Corporation is pleased that it continues to enter into new agreements with various entities of the United States government,” stated Allen Lone, President of the Corporation. ” We are still focusing on adding more contracts to our Sales pipeline and continue to develop our relationship with our clients for future opportunities.”

About the Corporation:

Through its wholly owned subsidiaries, Marcon International Inc. (“Marcon”) and Fox-Tek, the Corporation provides a variety of services and products to a number of clients.

Marcon is an industrial supply contractor servicing the energy sector and a number of US Government entities. Marcon’s principal business is the sale and distribution of industrial parts and equipment.

FOX-TEK provides world leading solutions to various sectors including the oil and gas industry. With non- intrusive technologies including: fiber optic sensors and electric field mapping systems; we are able to accurately measure changes that could negatively impact our client’s operations.

Augusta Industries Inc.
Allen Lone
President, CEO (905) 275-8111 Ext 226 [email protected]