Equitorial Exploration’s 50/50 JV Mg Project with Mag One Will Not Require Environmental Evaluation
Momentum Public Relations
Press Release: October 17, 2017
Vancouver, BC, Canada / TheNewswire / October 20, 2017 – Equitorial Exploration Corp. (TSX-V: EXX, Frankfurt: EE1, OTCQB: EQTXF) (“Equitorial” or “Company”) is pleased to report that the Company’s joint venture partner, Mag One Products Inc reported on October 12, 2017 that its commercial high-purity magnesium oxide (MgO) and silica (SiO2) project will not be subject to an environmental evaluation.
50/50 Joint Venture Between Equitorial Exploration and Mag One
On May 19, 2016, Mag One reported, “Equitorial has now earned the exclusive right to joint venture with Mag One on a 50/50 basis to fund the construction of Mag One’s first modular production facility for the extraction of magnesium and related products and the further non-exclusive right to joint venture with the Company to fund further modular production facilities.” The transaction received approval from the Toronto Stock Exchange.
According to an agreement amended March 11, 2016, Equitorial Exploration Corp., by providing $750,000 of Mag One’s private placement will have earned an exclusive right to enter into the first joint venture to finance, on a 50/50 basis, the construction of production facilities that Mag One will use to produce magnesium metal and related products.
Equitorial will also have the right to finance other production facilities on a 50/50 joint venture, on a non-exclusive basis, with Mag One.
Mag One Commercial High Purity Magnesium Oxide and Silica Project
Mag One Products Inc. has received positive feedback on its commercial high-purity magnesium oxide (MgO) and silica (SiO2) project description submitted this past summer to the Quebec Ministry of the Environment (MDDELCC). Specifically, Mag One has learned that the proposed project in southeastern Quebec will not be subject to an environmental evaluation, a process which is often lengthy and costly. As such, the process to obtain a certificate of authorization (CA) for the environmentally friendly commercial 30,000-tonne-per-year high-purity magnesia and 33,000-tonne-per-year silica plant will be simpler, faster and more cost-effective, given that fewer administrative measures are involved.
“The timeline to bringing the environmentally sustainable MgO and SiO2 commercial plant on-line has been shortened greatly with this news,” said Gillian Holcroft, president of Mag One. “We are one step closer to creating high-tech jobs in the region. Our hydrometallurgical piloting facility at the MRC des Sources Mining Innovation Centre (CIMMS) will continue to generate engineering data for the commercial plant, as well as to produce high-purity silica and ultimately high-purity MgO for characterization and for off-take agreements. We are already in contact with potential commercial and product development partners for these materials.”
It is anticipated that the site for the commercial plant will be determined before the end of 2017.
For more information please visit: http://equitorialexploration.com/
On behalf of the Board of Directors
EQUITORIAL EXPLORATION CORP.
_____________________
Jack Bal, CEO and Director
For further information, please contact Jack Bal at 604-306-5285
FORWARD LOOKING STATEMENTS: This news release contains certain forward-looking statements within the meaning of Canadian securities laws, including statements regarding the Tule, Gerlach and Little Nahanni Pegmatite Project: statements pertaining to the ability of Equitorial Exploration Corp.(“EXX”); the potential to develop resources and then further develop reserves; the anticipated economic potential of the property; the availability of capital and finance for EXX to execute its strategy going forward. Forward-looking statements are based on estimates and assumptions made by EXX in light of its experience and perception of current and expected future developments, as well as other factors that EXX believes are appropriate in the circumstances. Many factors could cause EXX’s results, performance or achievements to differ materially from those expressed or implied by the forward looking statements, including: discrepancies between actual and estimated results from exploration and development and operating risks, dependence on early exploration stage concessions; uninsurable risks; competition; regulatory restrictions, including environmental regulatory restrictions and liability; currency fluctuations; defective title to mineral claims or property and dependence on key employees. Forward-looking statements are based on the expectations and opinions of the Company’s management on the date the statements are made. The assumptions used in the preparation of such statements, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements. The Company expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise.
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.
Copyright (c) 2017 TheNewswire – All rights reserved.
- Published in Equitorial Exploration, Mining, News Home
INTEMA Names Luc Guay as New Senior Vice-President
Momentum Public Relations
Press Release: October 17, 2017
MONTREAL, QUEBEC–(Marketwired – Oct. 17, 2017) – Intema Solutions Inc. (“Intema” or the “Corporation”) (TSX VENTURE:ITM) announces a new Senior Vice-President in charge of corporate development.
Today, the company named Luc Guay as senior vice-president, where he will be in charge of corporate development for all brands including the Artificial Intelligence MatcherAnalytics and eFlyerMaker, the email marketing platform used in 84 countries throughout the world.
Luc joins INTEMA from the consulting firm LGi Group Inc., where he served as executive Vice-President. During his career, he also served as President of BCBGMAXAZRIA Canada and at Dassault Systems Canada (DASTY:US), the 3D virtual experience software where he acted as Chief Finance and Administration. Luc also served as Board member for Chlorophylle and Société de transport de Laval (STL).
“I am really excited to have been appointed in this new role and look forward to working with all of Intema’s team members. Intema’s email marketing software eFlyerMaker and Artificial Intelligence MatcherAnalytics are two really advanced technologies that can greatly improves ROI for all marketing campaigns” said Luc Guay.
“We are proud to have Luc join our team; his past experience and his network will take us on markets where we were absent. Luc comes to us with an impressive list of contacts that will carry our brands to a new level.” said Roger Plourde, president of INTEMA Solutions Inc.
About INTEMA SOLUTIONS Inc.
Intema’s mission is to integrate technologies to marketing. The company develops technologies for marketing and services related to predictive marketing, relationship marketing and database marketing. Since its inception, INTEMA has dedicated its efforts to deliver key solutions to the marketing industry. Amongst its clients are companies of all sizes in North America. For more information, please visit our website at www.intema.com
INTEMA
Roger Plourde
+1-514-861-1881
rplourde@intema.com
www.intema.com
- Published in Intema Solutions, News Home, Technology
Crystal Lake Mining Announces Discovery Hole, High-Grade Nickel-Copper-Cobalt in Northwest Ontario
Momentum Public Relations
Press Release: October 17, 2017
Vancouver, British Columbia–(Newsfile Corp. – March 31, 2017) – Crystal Lake Mining (TSXV: CLM) (OTC Pink: SIOCF) has announced discovery hole, high-grade nickel-copper-cobalt results from its flagship EL1 drill project, located near the town of Emo, in northwestern Ontario, approximately 35 kilometers northwest of Fort Frances, directly north of Minnesota.
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The property, hosting the company’s principal exploration target, contains polymetallic nickel-copper-platinum group metal sulphides hosted within a mafic norite intrusion, referred to as the Emo Complex or Dobie Intrusion, is one of several optioned by Crystal Lake
Historic drilling from the period beginning in the 1950’s to 1972, outlined a mafic intrusive mineralized zone measuring 335 metres in a north-south direction, 275 metres in width, and 305 metres explored depth, with a predicted plunge of 30 to 45 degrees north. Based on historical, non-NI 43-101 compliant drilling of 220 short drill holes, Chibtown Copper Corporation reported indicated reserves of 4.8 million tonnes grading 0.28{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} copper, 0.24{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} nickel, and 0.05{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} cobalt.
While the property was not considered economic at the time, Crystal Lake was attracted by the disseminated mineralization containing higher-grade parallel north-trending lenses or “shoots”, with historic drilling indicating widths of 4.3 metres to 12.2 metres. One such shoot was estimated to contain 204,000 tonnes grading 0.65{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} copper and 0.87{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} nickel. A total of 7 such shoots were identified but not similarly documented as to tonnage or grade.
In late 2015 the company drilled 10 holes totalling 6,100 feet. An intersection from surface to 63.75 metres in one hole, returned a weighted average of 1.05{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} nickel and 2.18{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} copper, confirmed the existence of high-grade copper-nickel shoots, which are considerably better than previously recorded in the historical drilling. Of significance, the bottom 9.8 metre section averaged 1.92{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} nickel, 0.17{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} copper and 0.132{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} cobalt.
The company is headed by President & CEO Wally Boguski, who brings more than 30-years experience in the mining and banking industry, having worked on several mining projects in Canada and Mexico. Wally has been involved in strategic development planning and in capital market financing of early stage mining companies for the past 24 years.
Management stated: “An independent review and interpretation of current exploration data on the EL1 Project leads us to believe that the documented mafic intrusion exhibits the potential for significantly higher grade copper-nickel-bearing mineralization at depth. Our work in this area appears to be justified and well-focused. Our encouraging results indicate that we are on the right path and we feel that there exists considerable potential for success.”
The free-hold 170-acre farm property includes a 4-bedroom house and out buildings suitable for storing equipment, which the company will use as a field base for its Ontario Iron Ore operations.
The shares last traded at $0.26, and with 48.5 million shares outstanding, the company is capitalized at $12.6 million. For more information please visit the company’s website www.CrystalLakeMiningCorp.com or contact the company at 250-766-1517 or email info@CrystalLakeMiningCorp.com. Investor relations is handled by RAMA Communications, who can be reached at 250-899-4889 or by email at ramacommu@gmail.com.
About InvestmentPitch Media
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CONTACT:
InvestmentPitch Media
Barry Morgan, CFO
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- Published in Crystal Lake Mining, Mining, News Home
Relevium Technologies Reports Revenue of CAD$700,000 in the First 50 Days of Business
Momentum Public Relations
Press Release: October 16, 2017
October 16, 2017 / TheNewswire / MONTREAL, QUEBEC, Momentum PR client, Relevium Technologies., is listed on the TSX Venture Exchange under the symbol: RLV and in Germany on the FSE under the symbol: 6BX.
Momentum PR is pleased to have produced an informative and comprehensive report on Relevium Technologies, available on the Momentum PR website.
Relevium Business Model:
– Montreal-based Relevium Technologies has embarked on an aggressive acquisition plan to become a Canadian brand name in the booming e-commerce health and wellness sector; concentrating on the nutraceutical and cosmeceutical markets.
–Goldstein Research predicts US$300 Billion Nutraceutical Market By 2024
Creating new Brands
-Building new brands for fitness and pet nutraceuticals
BioGanix:
–Relevium has recently closed its acquisition of BioGanix, a profitable health and wellness supplements brand with a product line of 25 best-selling supplements.
-During the first 50 days BioGanix sales reached $CAD 700,000. BioGanix is operating under Relevium’s US subsidiary BGX E-Health.
AgileDSS:
–Relevium hired agileDSS as a data architect to start work on the company’s big data and AI Product Trend-Recognition Engine.
-The company believes that if it is successful, the Product Trend-Recognition Engine would allow it to launch the right products in the right market, long before any competitor.
HempCo:
-In May, Relevium signed an exclusive e-retail agreement with HempCo Food and Fiber, (TSXV:HEMP).
-HempCo sells hemp protein powder, hemp oil and hulled hemp seed nut, under its brand PlanetHemp on a B2B (business-to-business) basis.
-The agreement calls for the joint development of a complete line of hemp-based nutraceutical and nutritional products, for distribution through global e-commerce platforms including Amazon and Jet.com. Relevium will also develop B2C (business-to-consumer).
Research house MarketsandMarkets has predicted that the global wellness supplement market will hit US$249.4 Billion during 2020, up from US$183.1 Billion in 2015.
Relevium Technologies CEO Aurelio Useche describes the sectors like this: “Both nutraceuticals and cosmeceuticals come from the combination of nature and science. They are a combination of natural ingredients with some science behind them.”
The market is being driven by a variety of factors, ranging from increased knowledge about the benefits supplements can provide, to aging boomers wanting to live better longer. Another driver is the increasing belief that natural ingredients are better than synthetic compounds, with far fewer side effects.
Relevium is also in advanced discussions with other e-commerce companies and is targeting the execution of a second acquisition of either a nutraceutical or cosmeceutical company by the end of the year.
“I see the company becoming a portfolio of health and wellness brands that have become well-recognized in the marketplace. In terms of size, we aim for a company with C$500 Million in annual revenues and the ability to offer our investors dividends,” said CEO Aurelio Useche.
Relevium trades on the TSXV as RLV and on the FSE as 6BX. As of October 11, 2017 it closed at C$0.12 and has a 52-week high of C$0.22 and a low of C$0.045. The company has 66,971,466 shares outstanding and a market cap of C$7.9 million.
The Momentum PR informative and comprehensive report on Relevium Technologies is available on the Momentum PR website.
If you would like more information on Relevium; listed on the TSX Venture Exchange under the symbol RLV or would like to arrange an interview with management please contact:
Momentum PR
Juliette Benard, Director Media Relations
+1.450.332.6939
media@momentumpr.com
info@momentumpr.com
About Momentum PR
Momentum PR is a cutting-edge public and investor relations consulting agency representing companies within the Canadian investment community.
Since 2009, Momentum PR has been servicing small and mid-cap Canadian listed public companies, seeking to increase their exposure across North America. The focus at Momentum PR is on building and driving brand awareness. Momentum PR cultivates new audiences in the media and investment communities by proactively engaging interested parties on behalf of client companies through online and offline channels.
Read it on The Newswire
- Published in News Home, Nutraceutical, Relevium Technologies, Technology
Sirona Biochem to Present Kel-01 at Cosmetic 360 in Paris, France
Momentum Public Relations
Press Release: October 16, 2017
VANCOUVER, BC–(Marketwired – October 16, 2017) – Sirona Biochem Corp. (TSX VENTURE: SBM) (FRANKFURT: ZSB)(XETRA: ZSB), (the “Company”) announced that Chief Scientific Officer, Dr. Geraldine Deliencourt-Godefroy, will attend and present on the trade floor at Cosmetic 360 in Paris, France on October 18-19, 2017. Cosmetic 360 is an international event that brings together the leading advancements in science with the largest, most influential cosmetics companies. In 2016, the conference hosted 200 exhibitors and was attended by over 4,000 delegates.
At the conference, Sirona will exhibit a trade show booth to academics and industry alike on the Company’s proprietary compound Kel-01. Kel-01 is currently being developed to prevent or reduce keloid scars. Initial studies have shown that the addition of KEL-01 regulates collagen I/III ratios in keloid fibroblasts to those of normal fibroblasts. Moreover, it also enhances the cellular antioxidant capacity through activation of the Nrf2 pathway.
Keloid scars are overgrown, hard tissue that extend outside the original area of skin damage. These scars affect approximately 10-15{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} of all wounds and current treatments are extremely limited. The global scar treatment market is poised to rise at a CAGR of 10.3{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} to over US$ 31.9 Billion by 2022 (Source: Persistence Market Research). Some of the key players in the keloid treatment market are Novartis, GlaxoSmithKline, Bristol-Myers Squibb and Valeant Pharmaceuticals International.
About Cosmetic 360
Cosmetic 360 is an innovative-centered trade fair for the cosmetic industry. The conference brings together professionals and industry representatives from all over the world. All facets of the cosmetic industry are represented at the conference including raw materials, formulation, packaging, testing and analysis, finished products, and distribution. More information on the conference can be found at https://www.cosmetic-360.com/en/
About Sirona Biochem Corp.
Sirona Biochem is a cosmetic ingredient and drug discovery company with a proprietary platform technology. Sirona specializes in stabilizing carbohydrate molecules with the goal of improving efficacy and safety. New compounds are patented for maximum revenue potential.
Sirona’s compounds are licensed to leading companies around the world in return for licensing fees, milestone fees and ongoing royalty payments. Sirona’s laboratory, TFChem, is located in France and is the recipient of multiple French national scientific awards and European Union and French government grants. For more information, please visit www.sironabiochem.com.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Sirona Biochem cautions you that statements included in this press release that are not a description of historical facts may be forward-looking statements. Forward-looking statements are only predictions based upon current expectations and involve known and unknown risks and uncertainties. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of release of the relevant information, unless explicitly stated otherwise. Actual results, performance or achievement could differ materially from those expressed in, or implied by, Sirona Biochem’s forward-looking statements due to the risks and uncertainties inherent in Sirona Biochem’s business including, without limitation, statements about: the progress and timing of its clinical trials; difficulties or delays in development, testing, obtaining regulatory approval, producing and marketing its products; unexpected adverse side effects or inadequate therapeutic efficacy of its products that could delay or prevent product development or commercialization; the scope and validity of patent protection for its products; competition from other pharmaceutical or biotechnology companies; and its ability to obtain additional financing to support its operations. Sirona Biochem does not assume any obligation to update any forward-looking statements except as required by law.
For more information regarding this press release, contact:
Christopher Hopton
CFO
Sirona Biochem Corp.
Phone: 1.604.282.6064
Email: chopton@sironabiochem.com
- Published in Bio technology, News Home, Sirona Biochem
They Must Know Something We Don’t: Magnesium Property Sold At 46 Times Market Value
Magnesium Demand Predicted to grow at 6 CAGR
There’s nothing quite like the feeling you get when you watch a market sector that you have invested in begin to wake up and shine. It now looks as if magnesium is becoming one such glowing market sector.
Earlier this month the Financial Post ran a story covering the proposed sale of a magnesium-rich property owned by West High Yield Resources (TSXV:WHY) near Trail, BC. WHY plans to sell to American-based Gryphon Enterprises for US$750 million, and the Post noted the sale price is 46 times the current market value. After the deal was announced, WHY shares soared 956 and closed on October 5, 2017 at $2.00. On October 6, IIROC ordered that trading in the stock be halted, pending the clarification of company affairs.
Most of us are familiar with Milk of Magnesia as the traditional go-to for upset stomachs and those delightful magnesium strips that burned so brightly in chemistry class. Some of us are aware that magnesium is a vital element in human biology; helping to regulate some 300 bodily functions.
Most of us are completely unaware of magnesium’s role in steel fabrication as an alloy or its use as a magnesium alloy steel, which is stronger and 33 lighter than aluminium. Few of us know about new magnesium products such as wall board, which is superior to drywall because it is smoke, fire, water, mold and termite proof.
Other new magnesium products include magnesium cement, which is much stronger than traditional cement, and can last for thousands of years.
The magnesium-ion batteries currently under development have 12 times the energy density of the lithium-ion batteries currently used to power electric vehicles.
Research house Technavio predicts that between 2016 and 2020, magnesium demand will rise by a compound annual growth rate of 6 , driven largely by its use in automotive die casting. Manufacturers are also replacing more and more component parts made from steel and aluminium, parts like steering wheels, seat frames and gearboxes, with lightweight magnesium alloy steel, in a bid to improve fuel efficiency.
Magnesium is also starting to be used in other industries as a lightweight, more durable replacement for steel and aluminium. The Nikon D800, for instance, is manufactured using magnesium alloy steel.
One of the interesting aspects of the Technavio report is that it doesn’t take into account the effect of new product developments (magnesium wallboard, magnesium ion batteries or magnesium cement) will have on global demand.
At the moment, China produces close to 75 of the world’s magnesium supply. That is about to change, and several magnesium plays are currently on the market.
If you are interested in investing in magnesium’s future but don’t know where to start, you probably couldn’t do better than to consider Equitorial Exploration, (TSXV:EXX, FSE:EE1).
Equitorial is in a position to provide investors with access to two emerging markets, lithium and magnesium. Better known as a junior miner with three 100 -owned high-potential lithium properties under development, Equitorial also provides investors with exposure to magnesium through its recent joint-venture with Mag One, (CSE:MDD, FSE:304, OCTQB:MGPRF).
Mag One is located in Danville, Quebec, where it has access to 50 million tonnes of magnesium mineralized serpentine tailings at 23 magnesium, for US$1.00 per tonne. Like other savvy miners, Mag One is providing added value by developing products based on the material it will be processing.
The company has developed proprietary extraction techniques for both lithium and magnesium. Mag One has four business segments: Magnesium-based building panels; high-purity magnesium oxide and magnesium hydroxide and silica, magnesium metal and magnesium air batteries.
One of the company’s goals is to develop the proprietary technology that would allow it to produce magnesium at cost points that equal the price of aluminium. This will open the door to a much greater demand for magnesium, because magnesium metal is 33 lighter than aluminium. By driving down prices, the company will be able to go further faster in terms of magnesium replacing aluminium in car manufacturing.
Equatorial Explorations has invested C$1 million in Mag One in exchange for the right to participate in two 50/50 joint ventures with Mag One. The first is to build a modular production facility for the extraction of lithium and related products; and the second is to fund a production facility to produce magnesium metal and products.
Investing in Equitorial Exploration now provides you with exposure to both magnesium and lithium, and a safety net. Lithium is now the rechargeable battery material of record. Magnesium has the potential to replace it. If magnesium doesn’t become the next battery material of choice, there is the safety net of knowing that magnesium demand is forecast to grow at 6 CAGR until 2020, and the added benefit to be reaped from introducing new innovative products to the market.
Now, if only we knew why Gryphon is going to pay 46 times the market value of the magnesium deposit it is buying from West Yield Resources. There has to be a very good reason.
By Noel Meyer
- Published in Blog, Equitorial Exploration
Blue Moon Engages MDA for Preliminary Economic Assessment
Momentum Public Relations
Press Release: October 6, 2017
VANCOUVER, Oct. 10, 2017 /CNW/ – Blue Moon Zinc Corp. (TSXV: MOON; US OTC: BMOOF) (the “Company“) is pleased to announce it has engaged Mine Development Associates, Inc. (“MDA”) to carry out a Preliminary Economic Assessment (“PEA”) of the Blue Moon zinc project in the foothills of California. MDA is an independent and internationally recognized engineering firm based in Reno, Nevada. Completion of the PEA is expected in the first quarter of 2018.
The updated NI 43-101 Mineral Resource estimate announced on October 3, 2017 saw a 20{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} increase in the indicated zinc resource to 377 million pounds of zinc and a 23{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} increased in the inferred zinc resource to a total of 395 million pounds of zinc, using a 4{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} zinc equivalent cut-off grade. The updated Mineral Resource estimate will be utilized in the PEA.
Patrick McGrath, Chief Executive Officer, stated “We are confident in MDA’s experience to develop a high quality technical report that will provide our shareholders with a preliminary analysis of Blue Moon’s economic potential. MDA has a solid reputation and has worked extensively in the western United States. We believe the Blue Moon project represents an excellent near-term development project for our shareholders.” MDA’s past clients include Golden Queenwhere MDA co-authored a 2015 feasibility study for the Soledad Mountain mine in Southern California that went into commercial production in December 2016. MDA will be assisted in the PEA by Samuel Engineering, an independent engineering firm based in Denver, Colorado.
The Blue Moon zinc deposit had modest production during World War II with approximately 56,000 tons mined at 12{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} zinc. Advanced stage work continued during the 1980s and 1990s by mid-tier producers Imperial Metals and Boliden, including scoping and optimization studies, metallurgy testing, baseline work and culminated in the granting of a permit issued by the local Californian County to build a shaft for underground development in 1991. The permit has since lapsed but the past production and historical issuance of permits signifies the local County’s past support of the project’s development.
The Blue Moon team includes two members with comprehensive knowledge of mining in California including building and revitalizing mines. Lutz Klingmann permitted, built and brought into commercial production the Soledad Mountain mine as Chief Executive Officer of Golden Queen and Lawrence O’Connor restarted the Mesquite mine as VP Operations of Western Goldfield (now New Gold).
About Blue Moon
The 100{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} owned Blue Moon polymetallic deposit has a Mineral Resource estimate of 3.7 million tons with a grade of 8.3{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} zinc equivalence including approximately 377 million pounds of zinc in the Indicated category and 4.1 million tons with a grade of 7.8{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} zinc equivalence including approximately 395 million pounds of zinc in the Inferred category with significant credits of copper, silver and gold. The resource is open at depth and along strike and historical metallurgical testing indicates excellent recovery and a clean zinc concentrate. A NI 43-101 report detailing the resource and summarizing metallurgical recoveries will be available on the company’s website (www.bluemoonmining.com) and on SEDAR within 45 days of October 3, 2017. The Company plans to advance the Blue Moon project through to feasibility, permitting and ultimately production.
Qualified Persons
Jack McClintock, P. Eng, a Director of the Company, is a qualified person as defined by NI 43-101, has reviewed the scientific and technical information that forms the basis for this press release.
Mineral Resources are not Mineral Reserves and do not have demonstrated economic viability. There is no certainty that all or any part of mineral resources will be converted to mineral reserves. Inferred Mineral Resources are based on limited drilling which suggests the greatest uncertainty for a resource estimate and that geological continuity is only implied. Additional drilling will be required to verify geological and mineralization continuity and there is no certainty that all of the inferred resources will be converted to measured and indicated resources. Quantity and grades are estimates and are rounded to reflect the fact that the resource estimate is an approximation.
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. This release includes certain statements that may be deemed to be forward-looking statements. All statements in this release, other than statements of historical facts that address the Company’s intention with the Blue Moon project, access to capital, regulatory approvals, exploration and development drilling, exploitation and development 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 the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, continuity of mineralization, uncertainties related to the ability to obtain necessary permits, licenses and title and delays due to third party opposition, changes in government policies regarding mining and natural resource exploration and exploitation, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Readers are cautioned not to place undue reliance on this forward-looking information, which is given as of the date it is expressed in this press release, and the Company undertakes no obligation to update publicly or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. For more information on the Company, investors should review the Company’s continuous disclosure filings that are available at www.sedar.com.
SOURCE Blue Moon Zinc Corp.
View original content: http://www.newswire.ca/en/releases/archive/October2017/10/c6839.html
Patrick McGrath, CEO, 1-832-499-6009, pmcgrath@bluemoonmining.com; For additional information related to communications, media relations and investor relations please contact: Terry Bramhall, 1-604-833-6999, tbramhall@bluemoonmining.comCopyright CNW Group 2017
Secova Receives Initial NI 43-101 Technical Report for the Duvay/Chenier Project in Amos
Momentum Public Relations
Press Release: October 6, 2017
Vancouver, British Columbia–(Newsfile Corp. – October 6, 2017) – Secova Metals Corp. (TSXV: SEK) (FSE: N4UN) (OTC: SEKZF) (“Secova” or the “Company“) is pleased to announce it has received and filed a technical report (“or Report”) prepared to the standards of Canadian National Instrument (“NI”) 43-101 describing the Duvay/Chenier gold project (the “Property”), located between 7 and 20 kms from Amos, Quebec. Secova holds an option to earn up to a 90{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} interest in the Property.
“This initial report provides the Company, its consultants and its shareholders an extensive amount of historical information that is necessary to evaluate the opportunity and pertinent to further developing the Duvay/Chenier project. After going over this Report we have a better understanding of the project and many other mineralized zones have come to light. Our current Phase 1 drilling program has already been adapted due to the information that the Report has provided us. Like the Windfall Lake project when my former company Eagle River got ahold of it, it was once a mineral project that was not fully understood yet had great potential. Through methodical approaches and utilizing advanced geophysical methods that project is now developing into one of the greatest gold camps in Canada. Our plan is to do that with the Duvay/Chenier project,” comments Secova’s Chairman & CEO, Brad Kitchen.
Highlights of the Initial NI 43-101 on the Duvay/Chenier Project
- There are numerous historical mineralized showings reported from the Quebec government within the Property, these are titled the Duvay Zone Principal, Duvay Zone de la Fosse, Bacola, Grenadier Oeste, Grenadier, Cresus-Silverny, Villeneuve, Villeneuve VD-10, Norval, Cossette-Monpas Shear, Peter Brown, East Mac (N), and the East Mac (SE).
- Over 500 historical drill holes were reported on the entire project; mostly concentrated in the Duvay Zone Principal.
- Multiple bulk samples have been reported from the Duvay Zone Principal, including the three largest between 1000 and 1200 tonnes apiece, completed in 1986 by a previous property holder. These three largest bulk samples were reportedly processed to try and achieve representative sub-samples. Nine such sub-samples were analyzed by fire assay, yielding an average of 5.68 grams per tonne gold, according to reports filed with the Quebec government in 1988. The reported range of fire assay results was between 0.60 and 30.00 g/t gold. Secova cannot verify these historical results beyond what is reported in the contemporaneous assessment reports filed with the Quebec government, except to note that large pits consistent with the reported bulk samples exist on site today.
- In 1990, A 40,000 tonne bulk sample was extracted from the Duvay Zone de la Fosse and processed by heap leach methods, as reported in the Northern Miner of that year. The Northern Miner (1990) reported that Sphinx poured its first doré bar containing 300 oz gold and 200 oz silver from the heap leach project and a second pour was anticipated soon when their staff visited the site in early September 1990. Further information is not available, and Secova cannot verify the results.
A copy of the report can be found on Secova’s website at www.secovametals.com/duvaychenier
NI 43-101 Disclosure
Harrison Cookenboo, Ph.D., P. Geo., a qualified person as defined by National Instrument 43-101, supervised the preparation of the technical information in this news release.
About Secova Metals Corp.
Secova Metals Corp. is a Canadian gold exploration company focused on building a strong asset base through exploration of undervalued gold projects in Canada. Management has demonstrated expertise in advancing gold exploration projects into acquisition targets, most notably in the province of Quebec. Secova has the exclusive right and option to acquire from Tres-Or Resources Inc. (“Tres-Or”), an undivided 65{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} right, title and interest in the contiguous Duvay/Chenier Gold Projects. Secova can earn up to 90{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} of the property (an additional 25{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} ownership) by funding a pre-feasibility study after the initial exploration expenditures to bring the property towards production. The Company has a total contiguous land package of 176 claims covering over 7,766 hectares (19,193 acres) of land. Duvay/Chenier is located in the Abitibi gold belt, one of Quebec’s premier mining jurisdictions. The Company has plans to advance the development of Duvay/Chenier as well as seek other avenues of growth through acquisition and mergers. The Company also has 100{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} ownership of the Eagle River project which is adjacent to and on-trend to several gold projects in the Windfall Lake district of Urban Barry in Quebec.
For more information on Secova Metals Corp. please contact info@secovametals.com, Tel: +1 604-558-5397 or visit the website at www.secovametals.com for past news releases, media interviews and opinion-editorial pieces by CEO and Chairman Brad Kitchen.
On Behalf of the Board of Directors,
SECOVA METALS CORP.
“Brad Kitchen”
Brad Kitchen
Chairman, CEO and Director
Tel: +1 604-558-5397
info@secovametals.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.
This press release contains “forward-looking information” that is based on the Company’s current expectations, estimates, forecasts, and projections. This forward-looking information includes, among other things, statements with respect to the Company’s exploration and development plans. The words “will”, “anticipated”, “plans” or other similar words and phrases are intended to identify forward-looking information. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the Company’s actual results, level of activity, performance, or achievements to be materially different from those expressed or implied by such forward-looking information.
- Published in Mining, News Home, Puma Exploration
NetworkNewsWire Releases Exclusive Audio Interview with Blue Moon Zinc Corp. (TSX.V: MOON) (OTC: BMOOF)
Momentum Public Relations
Press Release: October 6, 2017
NEW YORK, NY–(Marketwired – Oct 6, 2017) – NetworkNewsWire (“NNW”), a multifaceted financial news and publishing company that delivers a new generation of social communication solutions for business, today announces the online availability of its interview with Blue Moon Zinc Corp. (TSX VENTURE: MOON) (OTC: BMOOF), a mineral exploration company focused on developing its advanced-stage, wholly owned Blue Moon zinc project in central California.
The interview can be heard at http://NNW.fm/BMOOF-Oct-2017
NNW’s Stuart Smith opens the interview by introducing Blue Moon CEO Patrick McGrath, who has 20 years of experience in financing and executive roles in the junior mining sector. McGrath provides valuable insight into what distinguishes the Blue Moon deposit as a promising near-term development prospect for investors.
“One of the important things for this project is that a lot of the development work was done by very well established and qualified operators,” says McGrath in a review of the project’s decades-long history, noting much of the advance work has been completed to show Blue Moon’s zinc deposit indicated 95 percent recovery. “You can have all the zinc in the deposit, but if the recovery and metallurgy don’t work, it doesn’t go anywhere.”
Blue Moon’s primary asset is zinc. The company’s recently updated NI 43-101 resource estimate shows the project, to be mined by underground methods, contains approximately 377 million pounds of zinc in the indicated category and another 395 pounds of zinc in the inferred category.
“So, we believe it’s the right size and scope for the project we’re about to undertake,” McGrath says in the interview. “Our next step is really advancing the deposit, taking it through the feasibility and permit process, and ultimately through production.”
The Blue Moon team includes two key members who have worked in California and have acquired “extensive experience with either building a mine from scratch or restarting a mine and dealing with the regulatory process, as well as the successful mining operations,” McGrath said.
The long-term prognosis for Blue Moon shows “a very high likelihood that this deposit just keeps going … that it could likely double in size,” said McGrath, adding the company plans to explore the likelihood that there is another Blue Moon zinc deposit at the site.
In the near term, the company will complete a preliminary economic assessment, which will highlight Blue Moon as a viable, standalone project with a short time horizon to development of the zinc asset, McGrath concluded.
About Blue Moon Zinc Corp.
Blue Moon Zinc Corp., a Canada-based exploration-stage mineral company has 100{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} ownership of the Blue Moon zinc project in central California. The project sits within Mariposa County, an area of active mines and exploration projects since it was part of the California gold rush era. Blue Moon’s 525 acres of mineral rights are assigned to patented and unpatented claims accessible by a gravel road off a nearby highway with main utility lines nearby. The zinc deposit is open at depth and along strike with a high likelihood of expansion. Historical studies of the project site show recovery rates of 95 percent for zinc and lead, 93 percent for copper, 65 percent for silver and 70 percent for gold. Simple processing methods will produce premium concentrates with easy separation of economic minerals.
For more information, visit the company’s website at www.BlueMoonMining.com
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Forward-Looking Statements
This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters set in the company’s SEC filings. These risks and uncertainties could cause the company’s actual results to differ materially from those indicated in the forward-looking statements.
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