San Marco to Prepare for Drilling at Its Gold/Silver/Zinc Buck Property and Announces Attendance at VRIC Conference
San Marco Resources Inc. (TSXV: SMN) (“San Marco” or the “Company”) is pleased to announce the imminent approval of a five year area-based exploration permit for the Company’s Buck gold/silver/zinc property near Houston, B.C. The permit includes 30 drill sites of where multiple holes may be drilled from the same drill pad. Geophysics may be included in the initial exploration program.
Phase I exploration program activities will utilize existing access trails to construct new drill pads, which will be followed by a diamond drill program consisting of HQ oriented core. Specific drill hole locations, hole depths, number of holes etc. will be determined over the next few weeks, with the drill expected to be turning shortly thereafter.
At surface and near surface mineralized breccia, which hosts significant gold, silver and zinc values, will be the drill targets for the entire program. Examples of some historical drill intercepts over the last 50 years include;
- 30.75 metres (“m”) at 2.70 grams per ton (“g/t”) gold within 143.33 m at 0.75 g/t gold (Hole 84-1),
- 27.43 m at 2.74 g/t gold within 91.4 m at 0.93 g/t gold (Hole 68-4),
- 12.19 m at 2.58 g/t gold within 170.68 m at 0.61 g/t gold (Hole 04-01), and
- 26.5 m at 2.50 g/t gold within 265.86 m at 0.65 g/t gold (Hole 88-02).
Recent re-logging of drill core from one historical hole, and detailed review and re-interpretation of historical drill logs, indicates mineralization of economic interest is related to and contained in a diatreme geological environment, with breccia pipe features. The Buck Property currently has surface drill targets in breccia over an area approximately 700 m by 300 m with mineralized breccia also known to exist up to 200 m in depth and open in all directions. For details, please review the Company’s corporate presentation.
Most of the previous drilling has been located outside of the diatreme/breccia target model, leaving large areas of under-explored breccia targets and virgin ground. A recent alteration study from historical drill logs has been completed by Dr. David Bailey, P. Geo., and resulted in recognition that a specific level and intensity of alteration is related to the zones of best grades and widest drill hole intercepts. This, along with additional detailed data re-interpretation, has enabled San Marco’s geological team to vector into very highly prospective drill targets.
Sharyn Alexander, V.P. Technical Services, stated: “We are excited to move forward with our drill program on the Buck Property, as it will allow us to test some very interesting targets discovered during historic data compilation and re-interpretation. Our exploration plan includes obtaining fresh core in known mineralized areas to assist us in identifying the controls of mineralization and testing new targets to allow potential expansion of the existing mineralized footprint.”
San Marco holds an option to acquire a 100% interest in the Buck Property, subject to a 2.5% net smelter returns royalty which can be reduced to 1.5% for $2,500,000. See news release dated July 15, 2019.
Vancouver Resource Investment Conference
San Marco cordially invites you to visit us at Booth #630 at the Vancouver Resource Investment Conference (VRIC) to be held at the Vancouver Convention Centre West (1055 Canada Place, Vancouver) on Sunday, January 19th through Monday, January 20th, 2020.
For more information or to register for the conference please visit:
About San Marco
San Marco is a Canadian mineral exploration company actively pursuing world class gold, silver, zinc and copper projects with a focus in mining friendly jurisdictions in both British Columbia, Canada, and Mexico.
The Company’s principal focus and asset is the recently optioned Buck Property in north-central British Columbia that has large tonnage gold-silver-zinc potential in a mining-friendly region that includes many former and current operating mines. In addition, the Company’s portfolio includes the several prospective, early stage exploration properties in Mexico.
For further information, contact:
Robert Willis, P. Eng.
Executive Director
Sharyn Alexander, M.Sc.
VP Technical Services
National Instrument 43-101 Disclosure
This news release has been approved by San Marco’s Executive Director, Robert D. Willis, P. Eng. a “Qualified Person” as defined in National Instrument 43-101, Standards of Disclosure for Mineral Projects of the Canadian Securities Administrators. He has verified the data disclosed, including sampling, analytical and test data, underlying such technical information by reviewing the data and reports from previous exploration of the property which he believes to be accurate and were provided to San Marco by the optionors.
- Published in Albert Mining, Mining, San Marco Resources
Albert Mining Announces New Gold Discoveries on the Ashuanipi Property, Labrador, Quebec Using Artificial Intelligence (AI)
Momentum Public Relations
Press Release: May 31 2018
Albert Mining Inc. (“Albert Mining” or “Corporation”) (TSX-V: AIIM), a mining exploration company and a leader in the use of Artificial Intelligence (AI) and advanced knowledge-extraction techniques in the mining sector, is pleased to announce historical 2013 exploration results for the 100%-owned Ashuanipi property (283 claims). The project is located 30 km west of Schefferville, along the Quebec-Labrador border.
The Ashuanipi gold project was generated in 2012 using CARDS (Computer Aided Resources Detection System) for 2282726 Ontario Ltd. The current property corresponds in most part to two former claim blocks held by 2282726 Ontario Ltd. until 2015. In the summer of 2013, the later had mandated Diagnos Inc. to conduct exploration work for gold on its CARDS’s prospective targets. The campaign returned 12 samples with assay values above 1 g/t Au and 128 with values above 0.1 g/t Au. The three most significant results originated from newly discovered outcrops and yielded assays of 17.45, 12.25, and 8.13 g/t Au. The 17.45 g/t Au value was obtained from a one meter wide quartz vein while other elevated results were mainly encountered within the silicate facies horizon (pyrigarnite) of iron formation lenses. Albert Mining staked the current Ashuanipi property on January10, 2018.
The above information was taken from an unpublished exploration report prepared by Diagnos Inc. for 2282726 Ontario Ltd. and dated January 20, 2014.
Mr. Michel Fontaine, President & CEO at Albert Mining, stated: “Artificial Intelligence has proven successful again and demonstrated it can reduce exploration time and costs significantly by decreasing the surface area to be investigated by 95% to 97%. These recently released historical results, along with the presence of several gold occurrences identified previously in the area, encourage Albert Mining to pursue exploratory work over its Ashuanipi property. In this regard, a high-resolution heliborne magnetic survey which would serve to guide future exploration programs and a structural analysis and synthesis of the entire property area are considered necessary to better understand all the geological features controlling gold mineralization.”
About Albert Mining Inc. – Powered by Artificial Intelligence (AI)
Albert is a junior mining exploration company using Artificial Intelligence (AI) with an extensive portfolio of gold, copper and zinc properties in Quebec. Albert also recently acquired all assets from DIAGNOS Inc.’s mining division, including the Computer Aided Resources Detection System (“CARDS”). Albert can count on a multidisciplinary team that includes professionals in geophysics, geology, AI, and mathematics. The Company’s objective is to develop a new royalty stream by significantly enhancing and participating in the exploration success rate of mining.
For further information, please contact:
Michel Fontaine
President and CEO of Albert Mining Inc.
Telephone: 514-994-5843
Fax: 613-422-0773
Email: michel@albertmining.com
Website: www.albertmining.com
Albert Mining-Powered by Artificial Intelligence
Additional information about the Company is available under Albert Mining’s profile on SEDAR atwww.sedar.com .
This news release contains certain “forward-looking statements” or “forward-looking information” (collectively referred to herein as “forward-looking statements”) within the meaning of applicable securities legislation. Such forward-looking statements include, without limitation, forecasts, estimates, expectations and objectives for future operations that are subject to a number of assumptions, risks and uncertainties, many of which are beyond the control of the Company. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words “expects”, “plans”, “anticipates”, “believes”, “intends”, “estimates”, “projects”, “potential” and similar expressions, or are events or conditions that “will”, “would”, “may”, “could” or “should” occur or be achieved. This news release contains forward-looking statements, pertaining to, among other things, the following: the resumption of the trading of Albert shares on the TSX Venture Exchange. Statements regarding future production, capital expenditures and development plans are subject to all of the risks and uncertainties normally incident to the exploration for and development and production of oil and gas that may cause actual results or events to differ materially from those anticipated in such forward-looking statements. These risks include, but are not limited to, inflation or lack of availability of goods and services, environmental risks, drilling risks, regulatory changes and certain other known and unknown risks detailed from time to time in Albert Mining’s public disclosure documents, copies of which are available on Albert Mining’s SEDAR profile at www.sedar.com .
Although Albert Mining believes that the material factors, expectations and assumptions expressed in such forward-looking statements are reasonable based on information available to it on the date such statements were made, no assurances can be given as to future results, levels of activity and achievements and such statements are not guarantees of future performance. Albert Mining’s actual results may differ materially from those expressed or implied in forward-looking statements and readers should not place undue importance or reliance on the forward-looking statements. Statements including forward-looking statements are made as of the date they are given and except as required by applicable securities laws, Albert Mining disclaims any intention or obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. The forward-looking statements contained in this news release are expressly qualified by this cautionary statement.
- Published in Albert Mining
Noble Mineral hires Albert Mining for Project 81 work
Momentum Public Relations
Press Release: May 3 2018
Noble Mineral Exploration Inc. (“Noble” or the “Company”) (TSX-V:NOB, FRANKFURT: NB7, OTC.PK:NLPXF) has commissioned an Artificial Intelligence (AI) Technology Interpretation over the entire Project 81 land package. NOB continues to think “outside the box” to enhance and upgrade the target selection process over this extensively under-explored land package, just north of the Kidd Creek VMS Deposit.
NOB has retained Albert Mining Inc., to use its proprietary Computer Aided Resources Detection Software (CARDS) “Artificial Intelligence Technology” to identify Copper-Zinc and Nickel-Cobalt targets initially in Carnegie and Crawford Townships, but intends to expand the survey to the entire 70,000 hectares Project 81 project, covering 12 townships, depending on this initial interpretation over Carnegie and Crawford Townships. Albert Mining Inc., is a leader in the use of Artificial Intelligence (AI) and advance knowledge-extraction techniques in the mining sector.
Noble Mineral’s Project 81 is located within the Kidd-Munro assemblage of the western Abitibi Subprovince in Ontario, and is one of the largest contiguous, underexplored land packages we have encountered and Albert Mining is pleased to have the opportunity to analysed and interpret the mineral potential of Project 81, using our CARDS Technology. The assemblage is one of the most ultramafic-rich volcanic successions of any age in the world and it hosts the Kidd Creek VMS deposit, an important example of bimodal-mafic (ultramafic) volcanic-associated massive sulphide (VMS) deposits.
By using its CARDS technology, Albert Mining will assist Noble Mineral in identifying targets and possible sites with the same signature as known copper-zinc and nickel-cobalt occurrences. Albert Mining will use its proprietary technology to analyze geophysical, geochemical, and geological data to discover the patterns hidden in the large amount of data that Noble Mineral has compiled over the years. This technology has been successful in assisting in the identification of a number of major mineral discoveries specifically in the Ring of Fire and elsewhere.
Randy S.C. Singh P.Geo (ON), P.Eng (ON) VP- Exploration & Project Development a “qualified person” as such term is defined by National Instrument 43-101 has verified the data disclosed in this news release, and has otherwise reviewed and approved the technical information in this news release on behalf of Noble.
About Albert Mining Inc.:
Albert Mining is a junior mining exploration company using Artificial Intelligence (AI) with an extensive portfolio of gold, copper, and diamond properties in Quebec. Albert Mining also recently acquired all assets from DIAGNOS Inc.’s mining division, including the Computer Aided Resources Detection System (“CARDS”). Albert Mining can count on a multidisciplinary team that includes professionals in geophysics, geology, Artificial Intelligence, and mathematics. The Company’s objective is to develop a new royalty stream by significantly enhancing and participating in the exploration success rate of mining
About Noble Mineral Exploration Inc.:
Noble Mineral Exploration Inc. is a Canadian based junior exploration company which, apart from its shareholdings in MacDonald Mines Exploration Ltd. and its interest in the Wawa-Holdsworth gold exploration property in Wawa, Ontario, has as its flag ship program Project 81, a contiguous land package of approximately ~70,000 hectares covering 12 townships immediately north of the Kidd Creek Mine (celebrating its 51 st year of operation). Project 81 which has seen very limited mineral exploration over the last 50 years and has had a number of historical drill indicated Gold, Copper, Lead-Zinc, Silver and Nickel showings. Noble has confirmed the discovery of a very large, low grade Nickel-Cobalt Deposit in Kingsmill Township in 2012, which is within the project area. The Lucas Gold showing was also drill tested by Noble in 2012 with additional follow up drilling in 2018. Assay results are pending. Additional information can be found on our website at www.noblemineralexploration.com.
Cautionary Statement:
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. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.
The foregoing information may contain forward-looking statements relating to the future performance of Noble Mineral Exploration Inc. Forward-looking statements, specifically those concerning future performance, are subject to certain risks and uncertainties, and actual results may differ materially from the Company’s plans and expectations. These plans, expectations, risks and uncertainties are detailed herein and from time to time in the filings made by the Company with the TSX Venture Exchange and securities regulators. Noble Mineral Exploration Inc. does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future events or otherwise.
Contacts:
Noble Mineral Exploration Inc.
H. Vance White, President
Phone: 416-214-2250
Fax: 416-367-1954
Email: info@noblemineralexploration.com
Investor Relations
- Published in Albert Mining
Albert Mining to Use its CARDS “Artificial Intelligence Technology” to Target Copper-Zinc and Nickel on Noble Mineral’s Project 81 in the Timmins, Ontario
Momentum Public Relations
Press Release: May 3 2018
Albert Mining Inc. (“Albert Mining” or “Corporation”) (TSX-V: AIIM), a mining exploration company and a leader in the use of Artificial Intelligence (AI) and advanced knowledge-extraction techniques in the mining sector, is pleased to announce that its technology will be used on Carnegie and Crawford Townships part of Noble Mineral Exploration Inc.’s (“Noble Mineral” (TSX-V: NOB) ~70,000 hectare Project 81which is located in Timmins-Cochrane area of Northern Ontario. The Carnegie and Crawford property is comprised of 17,128 hectares and it lies immediately north of the Kidd Creek Mine Complex near Timmins, Ontario.
Noble Mineral’s Project 81 is located within the Kidd-Munro assemblage of the western Abitibi Subprovince in Ontario, and is one of the largest contiguous, underexplored land packages we have encountered and Albert Mining is pleased to have the opportunity to analysed and interpret the mineral potential of Project 81, using our CARDS Technology. The assemblage is one of the most ultramafic-rich volcanic successions of any age in the world and it hosts the Kidd Creek VMS deposit, an important example of bimodal-mafic (ultramafic) volcanic-associated massive sulphide (VMS) deposits.
By using its CARDS technology, Albert Mining will assist Noble Mineral in identifying targets and possible sites with the same signature as known copper-zinc and nickel occurrences. Albert uses its proprietary technology to analyze geophysical, geochemical, and geological data to discover the patterns hidden in the large amount of data that Noble Mineral owns. This technology has been successful in assisting in the identification of a number of major mineral discoveries specifically in the Ring of Fire and elsewhere.
About Albert Mining Inc.
Albert Mining is a junior mining exploration company using Artificial Intelligence (AI) with an extensive portfolio of gold, copper, and diamond properties in Quebec. Albert Mining also recently acquired all assets from DIAGNOS Inc.’s mining division, including the Computer Aided Resources Detection System (“CARDS”). Albert Mining can count on a multidisciplinary team that includes professionals in geophysics, geology, Artificial Intelligence, and mathematics. The Company’s objective is to develop a new royalty stream by significantly enhancing and participating in the exploration success rate of mining.
For further information, please contact:
Michel Fontaine
President and CEO of Albert Mining Inc.
Telephone: 514-994-5843
Fax: 613-422-0773
Email: michel@albertmining.com
Website: www.albertmining.com
Albert Mining-Powered by Artificial Intelligence
Additional information about the Company is ava ilable under Albert Mining’s profile on SEDAR atwww.sedar.com .
This news release contains certain “forward-looking statements” or “forward-looking information” (collectively referred to herein as “forward-looking statements”) within the meaning of applicable securities legislation. Such forward-looking statements include, without limitation, forecasts, estimates, expectations and objectives for future operations that are subject to a number of assumptions, risks and uncertainties, many of which are beyond the control of the Company. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words “expects”, “plans”, “anticipates”, “believes”, “intends”, “estimates”, “projects”, “potential” and similar expressions, or are events or conditions that “will”, “would”, “may”, “could” or “should” occur or be achieved. This news release contains forward-looking statements, pertaining to, among other things, the following: the resumption of the trading of Albert shares on the TSX Venture Exchange. Statements regarding future production, capital expenditures and development plans are subject to all of the risks and uncertainties normally incident to the exploration for and development and production of oil and gas that may cause actual results or events to differ materially from those anticipated in such forward-looking statements. These risks include, but are not limited to, inflation or lack of availability of goods and services, environmental risks, drilling risks, regulatory changes and certain other known and unknown risks detailed from time to time in Albert Mining’s public disclosure documents, copies of which are available on Albert Mining’s SEDAR profile at www.sedar.com .
Although Albert Mining believes that the material factors, expectations and assumptions expressed in such forward-looking statements are reasonable based on information available to it on the date such statements were made, no assurances can be given as to future results, levels of activity and achievements and such statements are not guarantees of future performance. Albert Mining’s actual results may differ materially from those expressed or implied in forward-looking statements and readers should not place undue importance or reliance on the forward-looking statements. Statements including forward-looking statements are made as of the date they are given and except as required by applicable securities laws, Albert Mining disclaims any intention or obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. The forward-looking statements contained in this news release are expressly qualified by this cautionary statement.
- Published in Albert Mining
Albert Mining Inc. Acquires 9 Mining Titles at lac Guillaume close to Shefferville, Quebec
Momentum Public Relations
Press Release: March 20 2018
Albert Mining Inc . (“Albert” or “Corporation”) (TSX-V: AIIM), a mining exploration company and a leader in the use of Artificial Intelligence (AI) and advanced knowledge-extraction techniques in the mining sector, is pleased to announce the signing of a purchase agreement with 9248-7792 Quebec Inc. (“seller”) to acquire nine mining titles at Lac Guillaume, 30 km west of Shefferville in the province of Quebec.
Under the terms of the agreement, Albert will issue 150,000 common shares of its share capital to the seller, at a deemed price of $0.075 per share, in payment for the acquisition of the assets and will grant a 1% NSR. Albert may, at any time, buy back 0.5% NSR by paying $500,000 to the seller. Should the seller receive an offer from a third party to purchase the full or a portion of the NSR, Albert must be immediately notified in writing and must receive a copy of the offer. Albert will have the right of first refusal within 60 days following reception of the offer or buy back the NSR as per the terms and conditions stipulated in the offer received from the third party.
The transaction is subject to terms and conditions such as receipt of all required regulatory approvals, including the approval of the TSX Venture Exchange. All monies quoted in this news release shall be stated and paid in lawful money of Canada.
About Albert Mining Inc.
Albert is a junior mining exploration company with an extensive portfolio of gold, copper and diamond properties in Quebec. Albert also recently acquired assets from DIAGNOS Inc.’s mining division, including the Computer Aided Resources Detection System (“CARDS”). Albert can count on a multidisciplinary team that includes professionals in geophysics, geology, Artificial Intelligence, and mathematics. The Company’s objective is to develop a new royalty stream by significantly enhancing and participating in the exploration success rate of mining.
For further information, please contact:
Michel Fontaine
President and CEO of Albert Mining Inc.
Telephone: 514-994-5843
Fax: 613-422-0773
Email: michel@albertmining.com
Website: www.albertmining.com
Albert Mining-Powered by Artificial Intelligence
Additional information about the Company is available under Albert’s profile on SEDAR at www.sedar.com .
- Published in Albert Mining
Albert Mining Inc. Announces Results of Chapais Drill Program in Quebec
Momentum Public Relations
Press Release: January 24
Albert Mining Inc. (the “Company” or “Albert”) (TSX-V: AIIM), a mining exploration company and a leader in the use of Artificial Intelligence (AI) and advanced knowledge-extraction techniques in the mining sector, and Everton Resources Inc. (TSX-V: EVR) are pleased to announce results from their recent drilling campaign on the Chapais property which is situated immediately west of the Springer Copper Mine at Chapais, Quebec.
The drilling tested copper targets generated by Albert Mining’s proprietary CARDS 2D (Computer Aided Resources Detection System) system: The first hole (CHA-17-10) investigated Target A located at the hinge of a large fold which mimics the structural context at the nearby (3 km) Springer Mine. The two other holes (CHA-17-11 and CHA-17-12) were positioned on Target C located two kilometers to the northwest (Table 1). The core was logged by visual description and spot-checked for multi-elements by portable XRF. Selected core segments 0.5 to 1 meter in length were split and submitted to ALS Minerals for gold determination by Fire-Assay with AA finish, and for other elements by ICP-MS after partial digestion by aqua regia.
Table 1. Drill hole data.
Hole | Longitude | Latitude | Azm | Dip | Length |
id | (WGS 1984) | (?) | (?) | (m) | |
CHA-17-10 | 74? 52′ 40” W | 49? 48′ 05” N | 178 | -50 | 197 |
CHA-17-11 | 74? 54′ 07” W | 49? 48′ 40” N | 170 | -50 | 237 |
CHA-17-12 | 74? 54′ 07” W | 49? 48′ 40” N | 340 | -50 | 237 |
total | 671 |
The first hole intersected two one meter-thick (along core axis) mineralized zones assaying 1.61% Zn; and 1.74% Zn, and 0.59% Cu, respectively from 158.4 m to 159.4 m and 190.3 m to 191.3 m. These Zn – Cu values are associated with sulfidic and graphitic horizons in intensely folded fine-grained sediments of the Blondeau Fm. which locally shows a high zinc background (1000 – 2000 ppm). The first hole returned slightly anomalous gold values of 0.142 g/t Au over 1 m and 0.128 g/t Au over 0.5 m (along core axis), associated with semi massive sulfides. In the two last holes, pyroxenitewas observed to alternate with metasediments and volcanic flows of ultramafic affinities.
In addition to base metals, the Chapais property offers a strong potential for gold as exemplified by an historical reverse circulation drill hole that returned 6.29 g/t Au from a till sample (GM46158).
The scientific and technical content of this release was approved by Remi Charbonneau, P.Geo., a qualified person as defined by the National Instrument 43-101.
To quote Mr. Michel Fontaine, President & CEO of Albert Mining; “The encouraging results obtained from the short drilling campaign on the Chapais property will be followed by detailed IP geophysic surveying and additional till sampling”.
About Albert Mining Inc.
Albert is a junior mining exploration company with an extensive portfolio of gold, copper and diamond properties in Quebec. Albert also recently acquired all assets from DIAGNOS Inc.’s mining division, including the Computer Aided Resources Detection System (“CARDS”). Albert can count on a multidisciplinary team that includes professionals in geophysics, geology, Artificial Intelligence, and mathematics. The Company’s objective is to develop a new royalty stream by significantly enhancing and participating in the exploration success rate of mining.
For further information, please contact:
Michel Fontaine
President and CEO of Albert Mining Inc.
Telephone: 514-994-5843
Fax: 613-422-0773
Email: michel@albertmining.com
Website: www.albertmining.com
- Published in Albert Mining, Artificial Intelligence, Mining, Technology
Albert Mining Inc. Announces the Closing of the 2nd Tranche of its Non-Brokered Private Placement
Momentum Public Relations
Press Release: January 19, 2018
Albert Mining Inc. (“Albert” or “Corporation”) (TSX-V: AIIM) , an exploration mining company and a leader in the use of artificial intelligence and advanced knowledge-extraction techniques in the mining sector, is pleased to announce the closing of the second tranche of its non-brokered private placement of 10 million units at $0.05 per unit comprised of one common share and one common share purchase warrant (the “Warrant”). Each Warrant entitles the holder thereof to acquire one additional common share in the capital of the Corporation at a price of $0.07 per common share for a period of twenty-four (24) months following the closing of the Offering for gross proceeds of $500 ,000.
In connection with the 2nd tranche of the private placement, the Corporation is paying a finder’s fee of $2,100 and issuing 42,000 finder’s warrants. Each finder’s warrant entitles the holder to purchase one additional common share in the capital of the Corporation at a price of $0.065 per common share for a period of twenty-four (24) months expiring January 19, 2020.
An insider of the Corporation has participated in the 2 nd tranche of the private placement by purchasing 2.4 million units.
All securities issued in the private placement are subject to a four-month hold period and to all necessary regulatory approvals, including the approval of the Exchange.
The proceeds of the financing will be used for exploration and working capital.
About Albert Mining Inc.
Albert is a junior mining exploration company with an extensive portfolio of gold and diamond properties in Quebec. Albert also recently acquired assets from DIAGNOS Inc.’s mining division, including the Computer Aided Resources Detection System (“CARDS”). Albert can count on a multidisciplinary team that includes professionals in geophysics, geology, Artificial Intelligence, and mathematics. The Company’s objective is to develop a new royalty stream by significantly enhancing and participating in the exploration success rate of mining.
For further information, please contact:
Michel Fontaine
President and CEO of Albert Mining Inc.
Telephone: 514-994-5843
Fax: 613-422-0773
Email: michel@albertmining.com
Website: www.albertmining.com
Additional information about the Company is available under Albert’s profile on SEDAR at www.sedar.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.
NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES AND DOES NOT CONSTITUTE AN OFFER OF THE SECURITIES DESCRIBED HEREIN
- Published in Albert Mining, Artificial Intelligence, Mining
Albert Mining to Use its CARDS “Artificial Intelligence Technology” to Target Copper, Zinc, and Silver on Falco Resources Inc.’s Mining Properties in Rouyn-Noranda
Momentum Public Relations
Press Release: December 19, 2017
Albert Mining Inc. (the “Company” or ” Albert “) (TSX-V: AIIM ), an exploration mining company and a leader in the use of artificial intelligence and advanced knowledge-extraction techniques in the mining sector, is pleased to announce that its techn ology will be used on Falco Resources Inc. (” Falco “) (Venture TSX: FPC ) 67,258 hectares properties in the Rouyn-Noranda region of Quebec. A fee of $90,000 will be paid to Albert for its CARDS (Computer Aided Resources Detection Software) services.
“Mrs. Claude Pilote, Senior project engineer of Falco, stated: “During the last few years, we made important progress at the Horne 5 deposit outlining a Measured Mineral Resources of 769,885 oz. AuEq (9,259,600 tonnes at 2.59 g/t AuEq, gold equivalent) and Indicated Mineral Resources of 6,731,443 oz. AuEq (81,855,200 tonnes at 2.56 g/t AuEq). With its positive feasibility study on the Horne 5 project, one of Falco’s objectives is to increase these resources on its 67,258 hectares properties. We believe that the CARDS technology will make it possible for us to develop new exploration targets on our properties and focus our efforts in high potential zones.”
By using its CARDS technology, Albert will assist Falco in identifying targets and possible sites with the same signature as known mineralized occurrences. Albert uses its proprietary technology to analyze geological, geophysical, and geochemical to discover the patterns hidden in the large amount of data that Falco owns.
About Albert Mining Inc. – Where Artificial Intelligence Meets Geology
Albert is a junior mining exploration and services company with an extensive portfolio of gold, copper, and diamond properties in Quebec. Albert also recently acquired all assets from DIAGNOS Inc.’s mining division, including the Computer Aided Resources Detection System (“CARDS”). Albert can count on a multidisciplinary team that includes professionals in geophysics, geology, Artificial Intelligence, and mathematics.
For further information, please contact:
Michel Fontaine
President and CEO of Albert Mining Inc.
Telephone: 514-994-5843
Email: michel@albertmining.com
Website: www.albertmining.com
Additional information about the Corporation is available under Albert’s profile on SEDAR atwww.sedar.com .
This news release contains certain “forward-looking statements” or “forward-looking information” (collectively referred to herein as “forward-looking statements”) within the meaning of applicable securities legislation. Such forward-looking statements include, without limitation, forecasts, estimates, expectations and objectives for future operations that are subject to a number of assumptions, risks and uncertainties, many of which are beyond the control of the Company. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words “expects”, “plans”, “anticipates”, “believes”, “intends”, “estimates”, “projects”, “potential” and similar expressions, or are events or conditions that “will”, “would”, “may”, “could” or “should” occur or be achieved. This news release contains forward-looking statements, pertaining to, among other things, the following: the resumption of the trading of Albert shares on the TSX Venture Exchange. Statements regarding future production, capital expenditures and development plans are subject to all of the risks and uncertainties normally incident to the exploration for and development and production of oil and gas that may cause actual results or events to differ materially from those anticipated in such forward-looking statements. These risks include, but are not limited to, inflation or lack of availability of goods and services, environmental risks, drilling risks, regulatory changes and certain other known and unknown risks detailed from time to time in Albert’s public disclosure documents, copies of which are available on Albert’s SEDAR profile at www.sedar.com .
Although Albert believes that the material factors, expectations and assumptions expressed in such forward-looking statements are reasonable based on information available to it on the date such statements were made, no assurances can be given as to future results, levels of activity and achievements and such statements are not guarantees of future performance. Albert’s actual results may differ materially from those expressed or implied in forward-looking statements and readers should not place undue importance or reliance on the forward-looking statements. Statements including forward-looking statements are made as of the date they are given and except as required by applicable securities laws, Albert disclaims any intention or obligation to publically update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. The forward-looking statements contained in this news release are expressly qualified by this cautionary statement.
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.
- Published in Albert Mining, Artificial Intelligence, Mining
Albert Mining Inc. Staked 282 Claims Using its Artificial Intelligence Platform
Momentum Public Relations
Press Release: November 21, 2017
Ottawa, Ontario / The Newswire / November 21, 2017 – Albert Mining Inc. (the “Company” or “Albert”) (TSX-V: AIIM), an exploration mining company and a leader in the use of artificial intelligence and advanced knowledge-extraction techniques in the mining sector, is pleased to announce the acquisition of 100 of the 282 claim Ashuanipi gold property covering 141 square kilometers (km2) located 30 km east of Schefferville, Quebec.
Albert has used its proprietary Computer Aided Resource Detection System (CARDS) to stake the best gold targets in the Ashuanipi Sub-Province in Quebec. The work consisted of compiling, processing, and merging available geological, geochemical, geophysical, and topographical data as well as satellite imagery of the Supra-Regional modelling area of 330,900 sq./km. CARDS used 398 variables (magnetic data, lake-bottom sediments and topography) which correspond to
8,264,291 data points at 200 m cell size.
Historic results have previously identified drill hole intersections revealing values of up 2.23 g/t Au over 19.5 meters, 12 km west of the project, and outcrops reaching 171.5 g/t, 8.6 g/t, 4.94 g/t, 1.74 g/t, 1.4 g/t Au, mostly associated with iron formations hosted in the metasediments (International Corona & Sigeom). Approximately 350 rusty zones with various degrees of mineralization were identified in the region (source: International Corona). Many gold anomalies were also identified by analyzing the lake-bottom sediments (source: Sigeom).
Mr. Michel Fontaine, President & CEO of Albert Mining, commented: “I am proud of the progress made in the business model of Albert regarding Exploration. CARDS is a unique computer system that uses powerful algorithms to digitally analyze publicly available and privately owned geological information using an interactive process in constant evolution. Currently, many projects around the world are big in terms of dimension and contain a lot of data (Big Data). Since 2004, CARDS has allowed exploration companies to save significant time and money by identifying areas of focus. The CARDS technology enables companies to reduce the size of their exploration area (in some cases by 97 and to utilize 100 of the data available. Albert is ready to find new deposits.”
The scientific and technical content of this release was approved by Grigor Heba, P.Geo., a qualified person as defined by the National Instrument 43-101.
About Albert Mining Inc. – Where Artificial Intelligence Meets Geology
Albert is a junior mining exploration company with an extensive portfolio of gold, copper and diamond properties in Quebec. Albert also recently acquired all assets from DIAGNOS Inc.’s mining division, including the Computer Aided Resources Detection System (“CARDS”). Albert can count on a multidisciplinary team that includes professionals in geophysics, geology, Artificial Intelligence, and mathematics. The Company’s objective is to develop a new royalty stream by significantly enhancing and participating in the exploration success rate of mining.
For further information, please contact:
Michel Fontaine
President and CEO of Albert Mining Inc.
Telephone: 514-994-5843
Fax: 613-422-0773
Email: michel@albertmining.com
Website: www.albertmining.com
Additional information about the Corporation is available under Albert’s profile on SEDAR at www.sedar.com.
- Published in Albert Mining, Mining, News Home
Albert (AIIM.V) Completed 42 Kimberlite Targets Evaluation Close to Renard Diamond Mine
Albert Completed 42 Kimberlite Targets Evaluation Close to Renard Diamond Mine in Central Quebec
Momentum Public Relations
Press Release: August 23, 2017
Albert Mining Inc. (the ” Company ” or ” Albert “) (TSX-V: AIIM) is pleased to announce the completion of a prospecting and till sampling program at its 100{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} owned James Bay Kimberlite project (JBK project), Laparre Diamond and Nelly Neilson Gold projects in the James Bay area, Quebec.
James Bay Kimberlite project (JBK)
Albert Mining has completed a preliminary evaluation of its geophysical targets located in the vicinity of the Renard Diamond Mine in central Quebec. A total of 42 high-priority targets exhibiting signatures of kimberlite bodies as revealed by CARDS’ (Computer Aided Resources Detection System) treatment of available data were tested through field examination of the immediate area, followed by glacial sediment sampling as required. The work was done by two senior geologists and supported by helicopter. Only three of the targets were discarded because of the presence of abundant outcrops of country rocks at the site; the remaining fall in areas of obvious glacial cover or lakes. Accordingly, a total of 45 samples of till were collected some 200 m to 600 m down-ice from the targets in order to ascertain whether they correspond to punctual sources of kimberlitic indicator minerals (KIMs). The samples were securely shipped by Albert’s staff to Overburden Drilling Management (ODM) in Ottawa for treatment and identification of KIMs. Results are expected at the end of September 2017 and will be used to help identify potential targets for follow up exploration.
Laparre Diamond
The most significant occurrence of KIMs indicated from Albert’s (formerly known as Majescor) archives for the Laparre Project Area was resampled during this campaign. The original sample hole was easily located from GPS coordinates and it was properly resampled. Concurrently, four new samples of glacial sediment were collected on a 100m-spacing line extending to the east and west sides. These five additional samples are part of the sample shipment to ODM. These results should confirm both the count and chemistry of the KIMs present at Laparre.
Nelly Neilson Gold
A number of gold-bearing till sample (20-50 visible gold grains) were followed-up through closely spaced sampling (every 100 – 150 m) along two transects drawn perpendicularly to ice flow. A higher content of Archean rock fragments observed within the till on the northernmost transect suggests proximity to the contact between Archean rocks and Proterozoic-age, quartz-rich sediments of the Otish Basin. Note that both are favorable for gold mineralization. Heavy mineral concentrates (50 g) extracted from these till samples will be submitted for analysis by INAA (Instrumental Neutron Activation Analysis) to appraise gold-in-till concentration at Nelly Neilson. All confirmation, consistent gold grades will be quickly followed-up through additional till sampling and basic prospection so as to better define the bedrock source of the gold.
About Albert Mining Inc.
Albert is a junior mining exploration company with an extensive portfolio of gold and diamond properties in Quebec. Albert also recently acquired assets from DIAGNOS Inc.’s mining division, including the Computer Aided Resources Detection System (“CARDS”). Albert can count on a multidisciplinary team that includes professionals in geophysics, geology, Artificial Intelligence, and mathematics. The Company’s objective is to develop a new royalty stream by significantly enhancing and participating in the exploration success rate of mining.
For further information, please contact:
Michel Fontaine
President and CEO of Albert Mining Inc.
Telephone: 514-994-5843
Fax: 613-422-0773
Email: michel@albertmining.com
Website: www.albertmining.com
- Published in Albert Mining, Mining, News Home, Technology