Newlox Gold Welcomes Tarrnie Williams to the Advisory Board
Vancouver, BC – TheNewswire – 1 8 March 2021 – Newlox Gold Ventures Corp. (“Newlox” or the “Company”) (C NSX : LUX . CN) ( Frankfurt/Stuttgart: NGO ) ( OTC : NWLXF ) is pleased to welcome Tarrnie Williams to the Company’s advisory board. Tarrnie is a highly experienced executive who has served on the board of several successful public and private companies over his 50-year business career. Tarrnie’s involvement in the development and commercialization of technology companies, including founding Canada’s first public software company and experience as CEO of Electronic Arts Canada, will be instrumental in developing Newlox’s emerging green mining technology division.
Tarrnie holds a B.Sc. in Mathematics (U of Alberta) and has been a Director of several public, private, and not-for-profit organizations, including having served as Chairman, President and Audit Chair of several public companies over his long and varied career. Tarrnie has had significant hands-on experience in project management, mergers, acquisitions, divestitures, restructurings, private and public placements of equity and debt, and IPO transactions and served for ten years as an Adjunct Professor at the Sauder School of Business, University of British Columbia.
Presently, Tarrnie holds the position of Executive Chairman of Kidoz Inc. (TSXV: KIDZ ); a kid-tech software developer and owner of the KIDOZ Safe Ad Network reaching over 300 million children monthly through a curated online experience. Tarrnie’s position at Kidoz is a continuation of his illustrious career in the technology sector, and we are excited for him to bring his experience and enthusiasm to Newlox Gold.
A Message from Ryan Jackson, President & CEO:
“We are pleased to welcome Tarrnie Williams to Newlox Gold’s advisory board. Tarrnie is a strong supporter of Newlox Gold and has already offered valuable advice to the Company drawn from his wealth of experience. Tarrnie is best known for his successful ventures in the tech industry, resulting in his recognition as the “God Father of Video Games” in Canada by DigiBC with their Lifetime Achievement Award . Tarrnie has led or mentored multiple business ventures, including companies in the resource sector in the past. The combination of his ability to advance technology companies with his knowledge and passion for the resource industry is a significant asset to Newlox Gold.”
Forward-Looking Information
The information in this news release includes certain information and statements about management’s view of future events, expectations, plans and prospects that constitute forward-looking information. Forward-looking information includes, but is not limited to, the completion of the work programs currently underway and the results of these programs. These statements are based upon assumptions that are subject to significant risks and uncertainties. Because of these risks and uncertainties and as a result of a variety of factors, the actual results, achievements, or performance may vary materially from those anticipated and indicated by these forward-looking statements. The material risk factors that could cause actual results to differ include the risk that work undertaken by the Company may have unintended effects, the risk of delays in completing work, and the risk that the Company may not be able to raise sufficient funds and Force Majeure. Although the Company believes that the expectations reflected in the forward-looking information are reasonable, it can give no assurances that the expectations of any forward-looking information will prove to be correct. Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward-looking information to reflect actual results, whether as a result of new information, future events, changes in assumptions, changes in factors affecting such forward-looking statements or otherwise. Neither Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accept responsibility for the adequacy or accuracy of this release).
Technical Disclaimer
The Company advises it is not basing any decision to produce on a feasibility study of reserves demonstrating the economic and technical viability of the project and also advises there is increased uncertainty and specific economic and technical risks of failure associated with any production decision. Stewart A. Jackson, Ph.D., P.Geo., a “Qualified Person” within the meaning of National Instrument 43-101, has prepared, supervised the preparation of, and approved the contents of this News Release.
On Behalf of the Board, Newlox Gold Ventures Corp.
Contact Newlox Gold
Ryan Jackson
Newlox Gold Ventures Corp., President
Website: www.newloxgold.com
Email: ryan@newloxgold.com
Phone: +1 778 738 0546
- Published in Mining, Newlox Gold, News Home
Progress Update on Bench-Scale Pilot Plant Processing of Mineralized Material from the Cobalt Camp
COQUITLAM, BC, March 17, 2021 /CNW/ – Canada Silver Cobalt Works Inc. (TSXV: CCW) (OTC: CCWOF) (Frankfurt: 4T9B) (the “Company” or “Canada Silver Cobalt”) is pleased to release preliminary bench-scale results on flotation tests on the Beaver Tailings being done at SGS Lakefield, Ontario, Canada.
Highlights
- First stage, flotation test rougher concentrate grades are 2,559 grams per tonne silver, 0.28 percent cobalt and 0.072 percent nickel.
- Concentration ratios for the first stage flotation test rougher concentrate are 23.5 for silver, 14 for cobalt, and 5.5 for nickel.
- Excellent preliminary, first stage flotation test rougher concentrate recoveries are 61 percent for silver, 43 percent for cobalt and 21 percent for nickel.
The bench-scale test work has yielded excellent results in producing a first concentrate for Re-2Ox processing into a direct end-product to EV battery manufacturing. The initial test work was undertaken on 50 kilograms of tailings from drill core samples of the Beaver Tailings. Further test work will be undertaken for optimization of grade and recoveries.
The overall test program is expected to take six months from bench-scale to pilot plant for the Stage I program. The program is designed to produce concentrates from hard rock mineralized material from the Castle Mine and from tailings from the Castle and Beaver mines, and to process spent Li-ion, Nickel Cadmium, Nickel Hydride batteries using the Re-2Ox process. Upon completion of the Stage I program, an assessment will be undertaken on the direction the company will undertake for further testing and pilot plant studies.
Frank J. Basa, P.Eng., CEO, commented, “The core of the ability to meet EV battery manufacturers’ needs, is a metallurgical process that can treat primary feeds and secondary feeds equally well into final end-user products. As the company has already produced cobalt sulfate from hard rock mineralized primary feed from the Castle mine it is now working on using the Re-2Ox process on tailings from the Cobalt camp and secondary feeds from spent batteries into final end-user products.”
In addition to the process chemistry, the Company has designed a reactor that acts as an accumulator for low-metal concentrations in the various primary and secondary feeds to improve process economics.
Canada Silver Cobalt will use a purely hydrometallurgical approach by employing Re-2Ox for selective leaching to enhance process recovery of metals. The spent batteries will first be mechanically processed to recover the metal casing and plastics, followed by hydrometallurgical treatment to produce direct feed to the EV battery manufacturers. Canada Silver Cobalt Works will be the first in North America to use this one-step method.
Qualified Person
The technical information in this news release was prepared under the supervision of Frank J. Basa, P. Eng., Canada Cobalt’s Chief Executive Officer, who is a member of Professional Engineers Ontario and a qualified person in accordance with National Instrument 43-101.
About Canada Silver Cobalt Works Inc.
Canada Silver Cobalt Works released the first-ever resource in the Gowganda Camp and greater Cobalt Camp in May 2020. A total of 7.56 million ounces of silver in Inferred resources comprising very high-grade silver (8,582 grams per tonne un-cut or 250.2 oz/ton) in 27,400 tonnes of material from two sections (1A and 1B) of the Robinson Zone beginning at a vertical depth of approximately 400 meters were identified. The discovery remains open in all directions (1A and 1B are approximately 800 meters east of the Capitol Mine workings) (mineral resources that are not mineral reserves do not have demonstrated economic viability) (refer to Canada Silver Cobalt Works Press Release May 28, 2020. Report reference: Rachidi, M. 2020, NI 43-101 Technical Report Mineral Resource Estimate for Castle East, Robinson Zone, Ontario, Canada, with an effective date of May 28, 2020 and a signature date of July 13, 2020.
Canada Silver Cobalt’s flagship Castle Mine and 78 sq. km Castle Property features strong exploration upside for silver, cobalt, nickel, gold, and copper in the prolific past-producing Gowganda high-grade Silver District of Northern Ontario. With underground access at Castle, a pilot plant to produce cobalt-rich gravity concentrates on site, a processing facility (TTL Laboratories) in the town of Cobalt, and a proprietary hydrometallurgical process known as Re-2Ox for the creation of technical grade cobalt sulphate as well as nickel-manganese-cobalt (NMC) formulations, Canada Silver Cobalt is strategically positioned to become a Canadian leader in the silver-cobalt space.
“Frank J. Basa”
Frank J. Basa, P. Eng.
Chief Executive Officer
Neither the TSX Venture Exchange nor its Regulation Service 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 news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore, involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.
SOURCE Canada Silver Cobalt Works Inc.
View original content: http://www.newswire.ca/en/releases/archive/March2021/17/c1334.html
Contact:
Frank J. Basa, P.Eng., Chief Executive Officer, 416-625-2342
- Published in Canada Cobalt Works, Mining, News Home
Granada Gold Mine Announces Filing of NI 43-101 Technical Report for the Granada Gold Project, Quebec, with Updated High-Grade Mineral Resource Estimate
Granada Gold Mine Inc. (TSXV: GGM) (the “Company” or “Granada”) is pleased to announce the filing on SEDAR (www.sedar.com) of a technical report for its Granada Gold Project. The report, dated March 15, 2021, is entitled “Technical Report on the Granada Gold Project Mineral Resource Estimate Update, Rouyn-Noranda, Quebec, Canada.” The report can also be found on the Company’s website at www.granadagoldmine.com and provides an updated High-Grade Mineral Resource Estimate of the Granada Gold Deposit using narrow, rich, vein modelling and both open pit and underground resources and revised pit optimization parameters which are based on the possibility of off-site custom milling ore rather than constructing and using an on-site mill.
The report was prepared in accordance with the regulations laid out in National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI-43-101”) by Yann Camus P.Eng. and Maxime Dupéré, géo., of SGS Canada Inc., who are independent “Qualified Persons” as defined by NI 43-101. The report supports, and provides greater detail about, the technical basis and scientific rationale of the updated resource estimate initially announced in a Company press release on January 29, 2021. The updated MRE focused on using a scenario with higher cut-off grades than that used in the 2019 MRE. Gold price used is 1600 US$/oz.
The report concludes
There is an opportunity on the Project to extend known mineralization at depth and along strike on the Property.
The Authors consider that the Granada deposit contains a significant open pit and underground Mineral Resource that is associated with a well-defined gold mineralized trend and model. The current Mineral Resource Estimate Update has shown that the Deposit can likely be mined by conventional open pit and underground mining methods with a scenario of off-site custom milling rather than constructing and using an on-site mill. Deeper drilling recently completed also demonstrates that the Property has the potential for a significant underground resource.
The Authors consider the Property to have significant potential for delineation of additional Mineral Resources and that further exploration is warranted. Granada Gold’s intentions are to continue to drill the Deposit in 2021 and plan to direct their exploration efforts towards resource growth, with a focus on extending the limits of known mineralization along strike and at depth, as well as infill drill the existing deposit in order to convert portions of Inferred mineral resources into Indicated or Measured.
Given the prospective nature of the Property, it is the Author’s opinion that the Property merits further exploration and that a proposed plan for further work is justified. A proposed work program by SGS will help advance the Deposit towards a pre-development stage and will provide key inputs required to evaluate the economic viability of a mining project (open pit and underground) at a pre-feasibility study level.
SGS is recommending Granada Gold conduct further exploration, subject to funding and any other matters which may cause the proposed exploration program to be altered in the normal course of its business activities or alterations which may affect the program as a result of exploration activities themselves. For 2021, a total of 45,000 m of drilling is proposed to continue to focus on expanding and extending mineral resources, upgrading existing Inferred resources as well as exploring the Deposit at depth.
The total cost of the recommended work program is estimated at C$10,775,000 (Table 1).
Table 1 Recommended 2021 Work Program for the Granada Deposit
Item | Cost in CAD$ |
Resource Expansion Drilling and Resource Classification improvement 2021 (Open Pit; <500 m depth) 15,000 m | $2,250,000 |
Resource Identification Drilling (Underground; > 500 m depth) drilling 20,000 to 30,000 m | $6,000,000 |
Assays/Geochemistry | $1,400,000 |
Additional Metallurgical Testing | $250,000 |
Continued geotechnical studies for improved pit optimization parameters | $150,000 |
Environmental Baseline Studies | $150,000 |
Updated Resource Estimate | $75,000 |
Pre-feasibility Study and Related Studies | $500,000 |
Total: | $10,775,000 |
Qualified person
The technical information in this news release has been prepared by Yann Camus, P.Eng., independent qualified person of SGS and was reviewed by Claude Duplessis, P.Eng., GoldMinds Geoservices Inc. member of Québec Order of Engineers and a qualified person in accordance with National Instrument 43-101 standards.
About Granada Gold Mine Inc.
Granada Gold Mine Inc. continues to develop the Granada Gold Property near Rouyn-Noranda, Quebec. Approximately 120,000 meters of drilling has been completed to date on the property, focused mainly on the extended LONG Bars zone which trends 2 kilometers east-west over a potential 5.5 kilometers of mineralized structure. The highly prolific Cadillac Break, the source of more than 75 million plus ounces of gold production in the past century, cuts through the north part of the Granada property, but is not necessarily indicative of mineralization hosted on the company’s property.
The Granada Shear Zone and the South Shear Zone contain, based on historical detailed mapping as well as from current and historical drilling, up to twenty-two mineralized structures trending east-west over five and a half kilometers. Three of these structures were mined historically from four shafts and three open pits. Historical underground grades were 8 to 10 grams per tonne gold from two shafts down to 236 m and 498 m with open pit grades from 3.5 to 5 grams per tonne gold.
Updated Mineral Resource
The updated resource at the Company’s Granada Gold project in Rouyn-Noranda, Quebec was estimated by SGS Canada and outlined in a January 29, 2021 news release.
Updated Mineral Resource Estimate Base Case with Details Between the Open Pit Portion and the Underground Portion
Type | Category | Tonnes | Au (g/t) | Gold Ounces |
In Pit | Measured1 | 3,756,000 | 1.89 | 228,000 |
Indicated | 1,357,000 | 2.55 | 111,000 | |
Measured+Indicated | 5,113,000 | 2.06 | 339,000 | |
Inferred | 34,000 | 11.29 | 12,000 | |
Underground | Measured | 37,000 | 4.22 | 5,000 |
Indicated | 807,000 | 4.02 | 104,000 | |
Measured+Indicated | 844,000 | 4.03 | 109,000 | |
Inferred | 1,244,000 | 6.33 | 253,000 |
1. | Cut-off grades are based on a gold price of US$1,600 per ounce, a foreign exchange rate of US$0.76 for CA$1, a gold recovery of 93% |
2. | Pit constrained mineral resources are reported at a cut-off grade of 0.9 g/t Au within a conceptual pit shell |
3. | Underground mineral resources are reported at a cut-off grade of 3.0 g/t Au within reasonably mineable volumes |
The Company is in possession of all mining permits required to commence the initial mining phase, known as the “Rolling Start”, which allows the company to mine up to 550 tonnes per day. Additional information is available at www.granadagoldmine.com.
“Frank J. Basa”
Frank J. Basa P. Eng.
President and Chief Executive Officer
Neither the TSX Venture Exchange nor its Regulation Service 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 news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore, involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.
SOURCE Granada Gold Mine Inc.
View original content: http://www.newswire.ca/en/releases/archive/March2021/16/c5369.html
Contact:
Frank J. Basa, P. Eng., President and CEO at 1-819-797-4144 or Wayne Cheveldayoff, Corporate Communications, at 416-710-2410 or waynecheveldayoff@gmail.com
- Published in Granada Gold Mine, Mining, News Home
Canbud Distribution Corporation Continues to Lay Groundwork in Psychedelics Market – Enters into LOI with Molecular Science Corp. for R&D, Testing, and Import
Toronto, Ontario–(Newsfile Corp. – March 15, 2021) – Canbud Distribution Corporation (CSE: CBDX) (FSE: CD0) (“Canbud” or the “Corporation“) is pleased to announce an LOI with Molecular Science Corp. (MSC), a privately-held Toronto-based Licensed Dealer. MSC is in the process of obtaining approval from Health Canada for testing of controlled substances, including psychedelic compounds, in addition to its current Analytical Testing Licence for Cannabis and Drug Establishment Licence (DEL).
This is a crucial step in Canbud’s strategy to commercialize its psychedelics operations in Jamaica, as it provides access to key technical skills required to differentiate and create a niche market for Canbud’s products targeted at companies involved in R&D. Additionally, it enables the Corporation to further accelerate the process of monetizing the Federal Sale for Medical Purposes Licence where formulations can be developed to target specific medical patient needs given MSC’s existing competency in R&D and testing.
Under the terms, once MSC obtains its Health Canada approval which is expected shortly, the Corporation and MSC will work together to enable Canbud to import psychedelics into Canada for testing and R&D purposes.
Canbud CEO, Steve Singh notes: “Canbud continues to grow its ecosystem with strong technical partners. Psychedelics R&D is very valuable as it potentially could move patients off synthetic drug compounds to more naturally derived pharma compounds.”
About Canbud Distribution Corporation
Canbud Distribution Corporation is a science and technology health and wellness company that encompasses plant based, psychedelic pharmaceutical and non-psychedelic nutraceutical, and hemp cannabinoids (CBD) verticals.
www.canbudcorp.com
https://www.instagram.com/canbudcorp/?hl=en
https://twitter.com/canbudcorp
https://www.linkedin.com/company/canbud-distribution-corp/?viewAsMember=true
https://www.instagram.com/empathyplantco/?hl=en
For further information, please contact:
ir@canbudcorp.com
or
Robert Tjandra, President and COO
Tel: 1 416 847 7312
- Published in Canbud Distribution, News Home
Sirona Biochem Announces Launch of First Commercial Product Containing TFC-1067
VANCOUVER, BC, March 10, 2021 /CNW/ –Sirona Biochem Corp. (TSXV: SBM) (FSE: ZSB) (US-OTC: SRBCF) is pleased to announce the launch of the first commercial product containing the Company’s proprietary ingredient, TFC-1067. TFC-1067 will debut as the active ingredient in New Rodan + Fields REVERSE Targeted Dark Spot Corrector. It will precisely target stubborn discoloration for a brighter, even-looking skin tone.
Rodan + Fields licensed TFC-1067 from Sirona in 2019.
In Rodan + Fields clinical trials*, REVERSE Targeted Dark Spot Corrector had the following results:
- After 4 Weeks: 77% had less visible dark spots
- After 8 Weeks: 72% didn’t feel like their dark spots were the first thing people noticed
Rodan + Fields additional claims:
- Diminishes the appearance of stubborn dark spots without leaving a halo
- Stubborn dark spots look smaller, less defined, less intense
- Skin tone looks more uniform and even
- Stubborn dark spots are less visible, less noticeable
- Skin looks clearer, more translucent
Sirona also recently partnered with a top-ten pharmaceutical company to conduct a European clinical trial to assess the efficacy of TFC-1067 at .4%. The 12-week study was completed successfully in February. Results are being consolidated into a final report to be released within the next few weeks.
“Rodan + Fields’ use of TFC-1067 in their new REVERSE Targeted Dark Spot Corrector after extensive testing is the strongest validation of our technology to date. Rodan + Fields demand product excellence and innovation for their customers. TFC-1067 is the basis for a product that can uniquely brighten dark spots without leaving a halo effect,” said Dr Howard Verrico, CEO of Sirona Biochem. “Our long-term goal is to provide an effective alternative to hydroquinone for those seeking a solution for skin discoloration. With this launch, we have proven that we can take a compound from the laboratory through clinical trials to large-scale production and integration into a commercial product. This validates our business model and we aim to follow the same path exactly for our entire pipeline. This transformative event is only the beginning as Sirona Biochem evolves into a profitable broadly diversified large company.”
*Based on an 8-week U.S. clinical and consumer study. Results may vary depending on multiple factors: age, gender, skin type and condition, concomitant products used, health history, location, lifestyle and diet. |
About TFC-1067
TFC-1067, Sirona’s proprietary compound, is proving to be superior to current actives on the market, safe and free of hydroquinone. The compound has undergone extensive testing, both clinical and preclinical, including a double blinded study for dyschromia in the USA and a recent trial in the EU for higher dose. Clinical results have shown the compound to be superior to hydroquinone in the treatment of dyschromia with no adverse side effects.
About Rodan + Fields
Founded by Stanford-trained dermatologists Dr. Katie Rodan and Dr. Kathy Fields, Rodan + Fields was launched in 2002 with the mission of giving consumers the best skin of their lives. The brand is a result of the Doctors’ belief that healthy skin empowers people to feel confident. Born in the digital era and designed to directly reach consumers where they live and shop via mobile and social networks, Rodan + Fields is disrupting the industry with its regimen-based skincare and powerful Independent Consultant community.
For more information, please visit www.rodanandfields.com.
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.
SOURCE Sirona Biochem Corp.
View original content to download multimedia: http://www.newswire.ca/en/releases/archive/March2021/10/c5930.html
- Published in News Home, Sirona Biochem
Affinor Growers Announces $0.05 Unit Private Placement
VANCOUVER, British Columbia, March 09, 2021 (GLOBE NEWSWIRE) — Affinor Growers Inc. (“Affinor” or the “Company”) (CSE: AFI) (OTCQB: RSSFF) is pleased to announce it is undertaking a private placement of up to 20,000,000 units (the “Units”) at a price of CDN$0.05 per Unit for gross proceeds of up to CDN$1,000,000 (the “Offering”). Each Unit will consist of one common share in the capital of the Company (a “Share”) and one common share purchase warrant (a “Warrant”). Each Warrant will entitle the holder to acquire one additional Share (a “Warrant Share”) at a price of CDN$0.07 per Warrant Share, for a period of 12 months from the date of issuance. The net proceeds of the Offering will be used to enter the Canadian Cannabis industry and build out Affinor Growers’ first turnkey full scale vertical automated craft cannabis micro facility; this will showcase the commercialization of Our patented vertical farming technology, not only for fruits and vegetables, but also in the cannabis space.
Nick Brusatore: I believe I speak for us all when I say the Affinor Growers management team believes in high quality and service, this showcase in the cannabis space will show the markets just how we fit in.
The Offering is subject to a number of conditions, including receipt of all necessary corporate and regulatory approvals, including the approvals of the Canadian Securities Exchange (the “CSE”).
All securities issued in connection with the Offering will be subject to a statutory hold period of four months plus a day from the date of issuance in accordance with applicable securities laws. A finder’s fee may be paid in connection with the Offering to eligible arm’s length finders in accordance with CSE policies and applicable securities laws.
The securities offered have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act“), or any state securities laws and may not be offered or sold absent registration or compliance with an applicable exemption from the registration requirements of the U.S. Securities Act and applicable state securities laws.
About Affinor
Affinor is a publicly traded company listed on the CSE under the symbol “AFI” and on the OTCQB under the symbol “RSSFF”. Affinor is focused on developing vertical farming technologies and using those technologies to grow fruits and vegetables in a sustainable manner.
To learn more about Affinor, visit: https://www.affinorgrowers.com/en
On behalf of the Board of Directors,
Affinor Growers Inc.
Nick Brusatore
Director /CEO
nick@affinorgrowers.com
- Published in Affinor Growers, News Home
Newlox Gold Pursues US Listing
Vancouver, BC – TheNewswire – 9 March 2021 – Newlox Gold Ventures Corp. (“Newlox” or the “Company”) (C NSX : LUX . CN) ( Frankfurt/Stuttgart: NGO ) (OTC : NWLXF ) is pleased to announce it has begun the process to list the Company’s common shares in the United States on the OTC market. The Company’s shares are now quoted on the Pink Open Market, which is the first step toward a formal listing on the OTCQB Venture Market , allowing ease of accessibility to the US investment community.
A Message from Ryan Jackson, President & CEO:
“The current Pink Open Market quote and upcoming OTCQB listing are benchmarks in Newlox Gold’s strategy, which will provide greater awareness of our Company’s growing socially and environmentally positive precious metals production business and technologies .
Recent interest by US retail investors and increased market performance justifies expansion by Newlox into US markets. We look forward to developing relationships with US investors and anticipate a favourable reception of our environmentally and socially positive approach to producing precious metals.”
About Newlox Gold
Newlox has established itself in a niche within the extractive industry where a clean-technology company can apply innovative processing techniques to recover precious metals and affect positive change in the environmental and social landscape in its targeted jurisdictions of operations.
Forward-Looking Information
The information in this news release includes certain information and statements about management’s view of future events, expectations, plans and prospects that constitute forward-looking information. Forward-looking information includes, but is not limited to, the completion of the work programs currently underway and the results of these programs. These statements are based upon assumptions that are subject to significant risks and uncertainties. Because of these risks and uncertainties and as a result of a variety of factors, the actual results, achievements, or performance may vary materially from those anticipated and indicated by these forward-looking statements. The material risk factors that could cause actual results to differ include the risk that work undertaken by the Company may have unintended effects, the risk of delays in completing work, and the risk that the Company may not be able to raise sufficient funds and Force Majeure. Although the Company believes that the expectations reflected in the forward-looking information are reasonable, it can give no assurances that the expectations of any forward-looking information will prove to be correct. Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward-looking information to reflect actual results, whether as a result of new information, future events, changes in assumptions, changes in factors affecting such forward-looking statements or otherwise. Neither Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accept responsibility for the adequacy or accuracy of this release).
Technical Disclaimer
The Company advises it is not basing any decision to produce on a feasibility study of reserves demonstrating the economic and technical viability of the project and also advises there is increased uncertainty and specific economic and technical risks of failure associated with any production decision. Stewart A. Jackson, Ph.D., P.Geo., a “Qualified Person” within the meaning of National Instrument 43-101, has prepared, supervised the preparation of, and approved the contents of this News Release.
On Behalf of the Board, Newlox Gold Ventures Corp.
Contact Newlox Gold
Ryan Jackson
Newlox Gold Ventures Corp., President
Website: www.newloxgold.com
Email: ryan@newloxgold.com
Phone: +1 778 738 0546
- Published in Mining, Newlox Gold, News Home
Lake Winn Obtains Permit to Drill the Quartz Project in Manitoba, Airborne Geophysics Underway
Highlights
- – A permit that allows access and drill testing on the Quartz project 76km SE of Flin Flon, Manitoba has been granted.
- – This, our 2 nd gold project in Manitoba, contains historic high grade gold intercepts.
- – Some of the better intercepts include 1.28m @ 19.28 g/t Au, 3.35m@ 5.90 g/t Au, 1.37m @ 13.41 g/t Au, drilled by Hudson Bay Resources, and 3.05m @ 8.1 g/t Au, 5.8m @ 12.8 g/t Au and 3.27m @ 3.38 g/t Au, drilled by Tribune Uranium Corp.
- – This gold prospect was discovered by drill testing a conductor and the main exploration premiss is that the conductive horizon continues for 1.45km, historic drilling focus was along a smaller 250m zone.
- – A helicopter borne V-TEM survey is underway, results of the survey will be used to position drill collars.
March 9, 2021 – TheNewswire – Vancouver, British Columbia – Lake Winn Resources Corp. (“Lake Winn” or the “Company”) ( TSXV:LWR ) ( OTC:EQTXF ) has been granted a new exploration permit on its 100% owned Quartz project in the Flin Flon gold belt, Manitoba.
The Quartz project lies near the southern shores in Reed Lake between the Reed Lake and Four Mile Island VMS deposits, approximately 78km to the East of Flin Flon.
The permit allows for access and drill testing around the known gold mineralization.
The Quartz project contains multiple drill hole intercepts containing gold.
A Helicopter based V-TEM survey is underway which will provide data that will be used to plan the drill testing.
In 1975, diamond drill hole Eel-258 intersected 1.28m @ 19.9 g/t Au, whilst targeting a 1.45km long EM conductor. The hole was drilled by Hudson Bay Exploration and Development Co. Ltd. (“Hudson Bay”). Subsequently, Hudson Bay drilled 19 diamond drill holes into this gold bearing zone between 1975 and 1988. Fourteen of the 19 holes were drilled in a 200m long section of the conductor leaving most of the 1.45km long conductor untested. In 2007 the area was further drill tested by Tribune Uranium Corp., (“Tribune”). Tribune also encountered multiple gold intercepts but again they concentrated the drilling in the 200m zone already shown to contain gold by Hudson Bay. Highlights of the Tribune drilling include 5.8m @ 12.8g/t Au, and 1.43m @ 12.0 g/t Au.
Lake Winn’s main exploration objective is to drill test the entire 1.45km length of the conductor for extensions of the proven zone which as defined by the historic drilling is open to the east, to the west, and at depth. The heliborne time domain EM survey (TDEM). This survey will be used to accurately locate the conductive horizon, allowing 3D modeling of the conductor.
The transaction to obtain the core claims at the quartz project has been approved by the exchange.
Qualified Person
The Qualified Person for this news release is Buddy Doyle, AUSIMM, a Geologist with over 30 years’ experience in mineral exploration, discovery, and evaluation. A Qualified Person under the provisions of National Instrument 43-101.
About Lake Winn
Lake Winn Resources Corp., is a Vancouver based gold company, listed on the TSX Venture Exchange (Symbol: LWR) focusing on exploration and development of gold projects in Canada. The company’s flagship property, the Cloud Project is in the province of Manitoba, in the Flin Flon Gold Belt approximately 40 kilometers north ‐ east of the town of Flin ‐ Flon. Access to the property is provided by Manitoba highway 10 to the all ‐ weather Kississing Lake Road. The company is currently diamond drilling on this property. The company now has a second gold property in Manitoba, the Quartz project in Reed Lake reported in this release.
On Behalf of the Board of Directors of Lake Winn Resources Corp.
Patrick Power, President & CEO
+1 (604) 218-8772
- Published in Lake Winn Resources, Mining, News Home
Canada Silver Cobalt Works Launches Re-2Ox Website Focused on Battery Recycling
Canada Silver Cobalt Works Inc. (TSXV: CCW) (OTC: CCWOF) (Frankfurt: 4T9B) (the “Company” or “Canada Silver Cobalt”) is pleased to announce a new website for the battery recycling initiative utilizing the proprietary, environmentally friendly hydrometallurgical process. The Re-2Ox process has already been successfully used in the development of a cobalt sulphate compound for end use in lithium-ion batteries. Now, the Company is seeking to use this process in the recycling of spent lithium-ion batteries and other recyclables that contain metals of value.
Highlights
- Re-2Ox website is now on-line http://www.re-2ox.com/
- Potentially 90 percent of recyclable battery material will be available for processing with no known global recycling capacity availability
- Re-2Ox process is amenable to feedstock of used battery material which is now widely available
CEO Frank J. Basa, P.Eng., commented that “We strongly considered this initiative a few years ago but initial research turned up a lack of feedstock at that time, but this has now changed. With feedstock currently available and coupled with the Re-2Ox process, the path is clear for the Company to develop what can be a robust and ever-increasing potential income stream by providing future tolling services for the treatment of used batteries.”
The percentage of a Li-ion battery’s weight that comes from valuable cathode material is 30-40% with the value of the lithium-ion battery market projected to be upwards of $70 billion next year according to the International Energy Agency, US Department of Energy.
If current trends for handling these spent batteries do not change, the majority will end up in landfills despite the fact that Li-ion batteries can be recycled. These batteries contain valuable metals and other materials that can be recovered, processed, and re-used; however, little recycling goes on today. The opportunity is right in front of us as the world stands at the inception of a mega-trend or global shift away from carbon-producing transport to electrified transport. To date, the media focus has been on the front-end savings without addressing the back end which has to be recognized if green goals are to be fully realized. The Company sees this as a major opportunity that will grow for decades as these now-established mega-trends continue to accelerate, not just in North America but around the world.
About Canada Silver Cobalt Works Inc.
Canada Silver Cobalt Works released the first-ever resource in the Gowganda Camp and greater Cobalt Camp in May 2020. A total of 7.56 million ounces of silver in Inferred resources, comprising very high-grade silver (8,582 grams per tonne un-cut or 250.2 oz/ton) in 27,400 tonnes of material from two sections (1A and 1B) of the Robinson Zone beginning at a vertical depth of approximately 400 meters, was identified. The discovery remains open in all directions (1A and 1B are approximately 800 meters from the Capitol Mine workings) (mineral resources that are not mineral reserves do not have demonstrated economic viability) (refer to Canada Silver Cobalt Works Press Release May 28, 2020. Report reference: Rachidi, M. 2020, NI 43-101 Technical Report Mineral Resource Estimate for Castle East, Robinson Zone, Ontario, Canada, with an effective date of May 28, 2020 and a signature date of July 13, 2020.
Canada Silver Cobalt’s flagship Castle mine and 78 sq. km Castle Property feature strong exploration upside for silver, cobalt, nickel, gold, and copper in the prolific past-producing Gowganda high-grade Silver District of Northern Ontario. With underground access at Castle, a pilot plant to produce cobalt-rich gravity concentrates on site, a processing facility (TTL Laboratories) in the town of Cobalt, and a proprietary hydrometallurgical process known as Re-2Ox for the creation of technical-grade cobalt sulphate as well as nickel-manganese-cobalt (NMC) formulations, Canada Silver Cobalt is strategically positioned to become a Canadian leader in the silver-cobalt space.
“Frank J. Basa”
Frank J. Basa, P. Eng.
Chief Executive Officer
Neither the TSX Venture Exchange nor its Regulation Service 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 news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore, involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.
SOURCE Canada Silver Cobalt Works Inc.
View original content: http://www.newswire.ca/en/releases/archive/March2021/08/c1089.html
Contact:
Frank J. Basa, P.Eng., Chief Executive Officer, 416-625-2342
- Published in Canada Cobalt Works, Mining
Affinor AGM adjourned; to reconvene March 12
Affinor Growers Inc. has adjourned the annual general meeting of shareholders, scheduled for today. The meeting will be reconvened on March 12, 2021, at 10 a.m. Vancouver time. The meeting will be held by in person/by teleconference at the offices of McMillan LLP, 1500 Royal Centre, 1055 West Georgia St., Vancouver, B.C., V6E 4N7. Proxies will be accepted up to the date and time of the meeting and in person at the meeting. The record date for the meeting will remain the same. Shareholders are encouraged to vote their shares.
About Affinor Growers Inc.
Affinor is a publicly traded company listed on the Canadian Securities Exchange under the symbol AFI and on the OTCQB under the symbol RSSFF. Affinor is focused on developing vertical farming technologies and using those technologies to grow fruits and vegetables in a sustainable manner.
- Published in Affinor Growers