Cobalt Blockchain Announces US$10m Trade Finance Facility Letter of Intent with United Bank for Africa

By Anwesha Sengupta

Cobalt Blockchain Inc. (“COBC” or the “Company”) (TSXV:COBC) is pleased to announce that it has signed a letter of intent for a US$10 million revolving trade finance facility with United Bank for Africa Plc (“UBA”), a leading pan-African financial services group with operations in 20 African countries and offices in three global financial centers of London, Paris and New York.

COBC will be using the trade finance facility for the purposes of purchasing cobalt concentrates once the terms of have been finalized and a definitive agreement is in place. The initial funds will be directed towards the purchase of cobalt concentrates (1% minimum, 3-4% average cobalt) from a key mining cooperative in the Democratic Republic of the Congo (DRC).

This supply agreement, previously announced on April 6, 2018, guarantees COBC a supply of cobalt concentrate of 40,000 tonnes per annum.

COBC will be purchasing the cobalt concentrate from the DRC cooperative under a framework compliant with the guidelines of the Organisation for Economic Co-operation and Development (OECD) for responsible mineral sourcing.

The Company has been working with Better Chain S.L. and DLT Labs to develop this framework over the past several months. COBC’s platform is based on an autonomous due diligence (ADD) protocol, and a custom Hyperledger/Ethereum blockchain.

COBC’s platform is expected to be the world’s first operational blockchain mineral provenance system for cobalt, ensuring transparency that any cobalt traded through COBC is ethically-sourced.

Further details of the above initiatives will be presented at the DRC Mining Week Conference on June 13-15, in Lubumbashi, DRC, and at Mining Investment North America on June 14-15, in Toronto, Canada.

COBC is the intermediary in the supply chain between local artisanal and small-scale mines (ASM) and international buyers. The Company creates value based on having access to local supply agreements, providing certification of mineral provenance, in-country processing and selling to international buyers.

About Cobalt Blockchain Inc.

Cobalt Blockchain Inc. (TSXV:COBC) is a Canadian resource company expanding its exploration and development business to include cobalt assets in the Democratic Republic of the Congo (DRC). COBC is the first mining and mineral trade company set up specifically to procure cobalt in compliance with the Organisation for Economic Co-operation and Development (OECD) due diligence framework. Leveraging its experience with existing supply chain due diligence initiatives, COBC is working with partners to develop a blockchain-based reporting platform to provide greater certainty of provenance and further assurance that all minerals procured are ethically-sourced. Senior management have over twelve years of experience working in the DRC and a proven international track record in exploration success and the trading of certified conflict-free, child-labour-free minerals.

About United Bank for Africa Plc

United Bank for Africa Plc (UBA) is a leading financial services group in sub-Saharan Africa, with presence in 20 African countries, as well as the United Kingdom, the United States of America and France. UBA has emerged as a pan-African provider of banking and other financial services to 10 million customers globally, through one of the most diverse service channels in sub-Sahara Africa, with 632 business offices, 1,750 automated teller machines (ATMs), some 13,500 point-of-sale (PoS) terminals, and a robust online and mobile banking platform. The shares of UBA are publicly traded on the Nigerian Stock Exchange (NSE) and the Bank has a well-diversified shareholder base, including foreign and local institutional investors as well as individual shareholders.

Forward-Looking Information

This release includes certain statements that may be deemed “forward-looking statements”. All statements in this release, other than statements of historical facts, that address future production, reserve potential, exploration drilling, exploitation activities and events or developments that the Company expects are forward-looking statements. Although the Company believes the expectations expressed in such 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 statements. There are certain factors that could cause actual results to differ materially from those in forward-looking statements. These include market prices, exploitation and exploration successes, 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. For more information on the Company, investors should review registered filings 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.

For further information: Lance Hooper, President and Chief Operating Officer, Cobalt Blockchain Inc., Telephone: +1-416-500-3670, Email: info@cobc.co, Website: www.cobc.co

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Nexus Gold to Conduct Geochemical Survey at Rakounga Gold Concession, Burkina Faso

By Anwesha Sengupta

Nexus Gold (TSXV:NXS,OTC:NXXGF,Frankfurt:N6E) is pleased to announce that it is initiating a 105-line kilometer geochemical survey on the Rakounga permit located in central Burkina Faso, West Africa.

The survey is designed to aid in identifying gold mineralization which may occur in the nine-kilometer gap between the Koala showing on the Company’s adjacent 38-sq km Bouboulou Gold Concession, and the Koaltenga showing, located on the western edge the 250-sq km Rakounga Gold Concession (see map following).

Prior drilling by the Company at Koala returned several intercepts of note, including 5.21 grams-per-tonne (“g/t”) gold (“Au”) over 3.05 meters, including 15.50 g/t Au over 1 meter (hole BBL-17-DD-07), and 4.41 g/t Au over 8.15 meters, including 23 g/t Au over 1 meter (hole BBL-17-DD-08) (see Company news release dated October 5, 2017).

Previous drilling conducted by the Company at Koaltenga also returned significant results, including 1.01 g/t over 32 meters, including 5.65 g/t Au over 2 meters and 2.81 g/t Au over 6 meters (hole RKG-17-RC-002) and 1.00 g/t gold over 34 meters, including 5.57 g/t Au over 4 meters (hole RKG-17-RC-008) (see Company news release dated December 13, 2017).

The survey will cover the area underlain by the Sabce fault zone, a prominent structural feature which extends some 200 kilometers across the Goren greenstone belt.

Figure 1: Geochemical program to target ground between Koaltenga lower left and Koala, upper right

“We’re pleased to get the 2018 work program underway,” said president & CEO, Alex Klenman. “This is an important step in the development of Bouboulou-Rakounga. The area we’re covering has the potential to significantly expand the mineralized footprint. Ultimately, we are looking at this project to produce a resource estimate and the data generated by this survey will move us closer to that goal,” continued Mr. Klenman.

“Given the gold mineralization we have already encountered on the Bouboulou and Rakounga permits, it makes this area highly prospective ground and it will be exciting to see what sort of numbers we get from this initial program,” said Senior Vice-President of Exploration, Warren Robb.

The Rakounga permit has seen only minimal exploration since Boliden conducted RAB drilling on the property in 1997. The Company believes the area to be explored has the potential host gold mineralization similar to the Koala and Koaltenga showings mentioned above.

Company to Grant Options

The Company also announces that it will grant 1,000,000 incentive stock options to certain directors, officers and consultants of the Company. These options will vest immediately and will be exercisable at a price of $0.33 for a period of sixty months.

The grant is subject to the terms of the Company’s incentive stock option plan and the approval of the TSX Venture Exchange.

About the Company

Nexus Gold is a Vancouver-based gold exploration and development company operating primarily in Burkina Faso, West Africa. The company is currently concentrating its efforts on establishing a compliant resource oat one or more of it’s three current projects. The 38-square km Bouboulou project comprises no less than five established gold zones contained within three separate 5km gold trends. The adjacent 250-square km Rakounga gold concession extends the Bouboulou gold trends and currently contains three drill tested zones of mineralization. The Niangouela gold concession is a 178-square km project featuring high-grade gold occurring in and around a primary quartz vein and associated shear zone approximately one km in length.

Warren Robb P.Geo., Vice-President, Exploration, is the designated Qualified Person as defined by National Instrument 43-101 and is responsible for the technical information contained in this release.

On behalf of the Board of Directors of

NEXUS GOLD CORP.

Alex Klenman
President & CEO
604-558-1920
info@nexusgoldcorp.com
www.nexusgoldcorp.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 news release may contain forward-looking statements. These statements are based on current expectations and assumptions that are subject to risks and uncertainties. Actual results could differ materially because of factors discussed in the management discussion and analysis section of our interim and most recent annual financial statement or other reports and filings with the TSX Venture Exchange and applicable Canadian securities regulations. We do not assume any obligation to update any forward-looking statements, except as required by applicable laws.

Click here to connect with Nexus Gold (TSXV:NXS,OTC:NXXGF,Frankfurt:N6E) for an Investor Presentation.

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Golden Predator Announces Drilling to Begin at High Grade Sprogge Target at 3 Aces Project; Winter Drill Program Confirms Exploration Model

By Anwesha Sengupta

Golden Predator Mining Corp. (TSXV:GPY) (the “Company” or “Golden Predator”) announced today that diamond drilling will begin in early July at the high grade gold, 100% owned Sprogge Area of its 3 Aces project in southeastern Yukon, Canada (Figure 1). The Sprogge program will follow the model tested and confirmed by this winter’s drilling in the Central Core Area in which 12 of 15 holes successfully hit the quartz-rich target structure and confirmed the model for gold deposition at 3 Aces.

Sprogge Area Drill Plans

The geology of the high grade Central Core Area extends approximately 8 km southeast through the Sprogge Area. Approximately 2,500 m of diamond drilling will target the primary structural control based on the updated exploration model. In this updated model, the primary structural control for gold is a shattered and deformed stratigraphic zone between coarse sandstone/conglomerate and impermeable shale/phyllite which contains and controls gold-bearing quartz veins.

Historical surface sampling of this primary structural zone at Sprogge returned 25 quartz outcrop samples ranging from 5.73 g/t to 46.49 g/t gold along an exposed 2 km of strike. The exposed primary structural control lies along the eastern edge of an extensive gold-in-soil anomaly (Figure 2). Drilling will test the identified 2 km of strike at various depths ranging from near surface to ~200 m.

To view 3 Aces Project maps including the Sprogge Area please visit:
http://www.goldenpredator.com/_resources/news/GPY-NR18-11-3-Aces-Maps.pdf

Winter Drilling at Central Core Area

A total of 3,682 m of HQ core was drilled in 15 holes between March and May 2018 to test the Company’s exploration model for continuity of the primary structural control under surface cover. This key structural feature, which is now known to control the occurrence of gold mineralization at 3 Aces, was intercepted in widely spaced holes extending east from the Spades zone for more than 1.2 km. These results now show that mineralization in the Central Core Area is controlled by this primary feature over a strike of at least 4 km (Figure 3).

Extensive quartz veining was encountered in 12 of the 15 holes with significant gold reported in 7 of these. The best assay interval was in drill hole 3A18-309 which intersected 13.93 g/t gold over 2.5 m at a depth of 87.5 m. Three holes (298, 300, and 302) did not hit the target zone, likely because the collars were located in the footwall or the dip had changed locally. Higher grades within the primary structural control appear to be related to specific patterns of deformation that are found elsewhere in the Central Core Area and in the Sprogge Area.

Some of the previous drilling at 3 Aces has been re-interpreted given the success of the winter drill program in confirming the comprehensive stratigraphic structural model of gold mineralization. The Company’s review of 600 m of historical drilling by others at Sprogge and its own 2017 drilling in the western part of the Central Core Area indicates that the well-developed gold-in-soil anomalies were targeted in the absence of a structural model. These holes appear to have been oriented away from, or into the footwall of, the primary structural control and therefore may have likely missed the best gold mineralization.

The Company’s initial drilling of Sprogge this summer, based on field confirmation of the structural model, will be the first program to target the 2 km strike extent of the controlling structure along which numerous rock samples have been taken. The areas that the Company drilled in 2017 in the western part of the Central Core Area will be followed up with additional drilling later in the year now that the structural model is better understood providing for proper drilling locations and orientations.

Results of the winter drilling are listed below:

Hole ID1 Sample Type2 From (m) To (m) Drilled Width (m)3 Au g/t4
3A18-295 DD 58.50 60.70 2.20 1.33
3A18-296 DD 91.00 92.00 1.00 1.01
3A18-303 DD 153.50 156.00 2.50 2.08
3A18-304 DD 63.60 64.60 1.00 1.19
3A18-307 DD 80.90 81.50 0.60 2.85
3A18-308 DD 105.00 106.00 1.00 1.46
3A18-309 DD 42.00 43.00 1.00 2.73
and DD 50.00 51.00 1.00 2.16
and DD 82.00 84.00 2.00 1.87
and DD 87.50 90.00 2.50 13.93
including DD 88.00 89.00 1.00 30.10

1Significant intervals are chosen based on continuity of mineralization and gold grade; all drilled samples assaying ≥1.0 g/t gold as well as select lower-grade intervals are included.

  • Holes 3A18-297 to 3A18-302, 3A18-305 and 3A18-306 returned no mineralization of 1.0 g/t gold or higher, three of these holes were barren.

2Sample Type ‘DD’ represent ½ sawn, or ¼ sawn for duplicate, 2.5” (63.5mm) HQ core.
3All intervals are reported as drilled thicknesses; true thicknesses are estimated to be 50-100% of drilled thicknesses.
4Reported Au assay grade sourced from SGS using SGS_GE_FAA515 or SGS_GO_FAA505 method.

Model of Mineralization

The primary structural control on the gold occurrences identified at 3 Aces is a stratigraphic feature characterized by coarse sandstone and conglomerate in contact with shale and phyllite. A persistent shattering, deformation and quartz vein development at this stratigraphic contact shows faulting and shearing at this position in the stratigraphic sequence. The geological history of this area indicates that this structural feature was likely a low angle fault that developed between brittle sandstones and conglomerates and easily deformed shale and phyllite. This feature is regionally extensive, contains anomalous gold concentrations wherever it is encountered and represents the primary controlling feature for distributing gold-bearing fluids and gold occurrences throughout the 3 Aces project. A second such structure occurs further up section where the shale and phyllite transition back into another sandstone and conglomerate unit. The preferred lower structural feature has demonstrated consistently higher grade gold as the shale and phyllite acted as a cap or trap, concentrating the gold bearing fluids to a much greater extent than where the brittle sandstone and conglomerate overlie the more flexible shale and phyllite.

In addition to the primary structural control, several subordinate features have been recognized as secondary controls governing the occurrence of high-grade gold:

  • Intersection of the primary stratigraphic structural feature with steeply dipping faults
  • Shattered and quartz veined zones associated with anticlinal folding of the primary stratigraphic structural feature
  • Parasitic folds on the limbs of larger scale anticlinal folding
  • Folded hinge deflections of the favorable stratigraphic structural feature

All of these features are recognized in the …read more

From:: Investing News Network

Sunvest Minerals Corp.: LWIR Survey Results on the Clone Property

By Anwesha Sengupta

Sunvest Minerals Corp (TSXV:SSS) (“Sunvest Minerals” or the “Company”) is pleased to report the results of a long-wave infrared survey (LWIR) over its Clone Project, located 20 kilometres southeast of Stewart in the Golden Triangle region of northwestern British Columbia. The LWIR data and initial interpretation was conducted by DIRT Exploration (“DIRT”), of Cape Town, South Africa. A cloud-free Aster summer scene from 18 July 2016 was acquired by DIRT. The interpretation was further refined by Company geologists and geological advisors familiar with the Clone database.

Highlights of the LWIR survey include:

  • Gold mineralization at Clone is associated with hematite and sulphide structures. “Hematite and Alunite KAl3(SO4)2(OH)6, produced by the weathering of sulphide-bearing felsic rocks, have distinct LWIR fingerprints and may be mapped along with other associated minerals such as calcite and chlorite.” (DIRT, 2018).
  • A large anomaly interpreted as related to alunite alteration is located on the newly staked claims approximately 900 meters southwest of the Glory Minfile prospect. A grab sample from a quartz vein on the Glory prospected assayed 1.15 per cent copper (% Cu), 24.2 grams per tonne silver (Ag g/t) and 0.38 gram per tonne gold (Au g/t) (Assessment Report 24745). This will be a high priority target for further investigation in the summer field program.
  • Another large anomaly interpreted as alunite alteration, covering approximately 50% of claim CloneSE 1 (272 ha), is located approximately 3.6 kilometers south of the Clone Main Zone. It trends off the property to the southwest, which has recently been staked by the Company.
  • An anomaly interpreted as attributed hematite alteration is located approximately 1.4 km north-west of the Clone Main Zone and extends in a southwesterly direction for over 5.4 kilometers.
  • The LIWR survey also distinguishes ice cover, and in the Port 19 prospect area, there has been significant receding of the glaciers, representing a highly prospective target. Previous (1994, Assessment Report 23986) quartz-sulphide veins were mapped with the sulphides comprising pyrite and arsenopyrite. Four samples over 40 meters strike length returned an average of 6.03 g/t Au and 14.7 g/t Ag. In total 17 samples were taken in 1994 with average grade of 2.99 g/t Au and a range from 0.05 g/t to 10.66 g/t Au. Much of the sampling was at the ice line in 1994. Additional prospecting, mapping and sampling is warranted, and represents a high priority target for 2018 field season.

Information on LWIR (DIRT)

“The LWIR camera of the Aster satellite images five bands of reflected thermal energy between 8.3 and 11.3 microns at 90 m spatial resolution. Separating solar reflection effects from rock emissivity opens up the possibility of achieving penetration through moderate vegetation such as lichen and transported cover, resulting in emissivity being a potentially useful reconnaissance tool for gold exploration in remote, snowbound terrains as glaciers retreat.”

“The LWIR survey has expanded the prospective targets on the Clone property,” stated chief executive officer, Mike England. “We are looking forward to ground-truthing the numerous new targets this summer with geological mapping, prospecting and sampling.”

Ed Kruchkowski, PGeo, a qualified person under National Instrument 43-101, is the independent qualified person responsible for reviewing and approving the technical contents of this press release as they pertain to the Clone property.

Contact Information:

Mike England

President

604-683-3995

mike@engcom.ca

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.

FORWARD LOOKING STATEMENTS: This news release contains forward-looking statements, which relate to future events or future performance and reflect management’s current expectations and assumptions. Such forward-looking statements reflect management’s current beliefs and are based on assumptions made by and information currently available to the Company. Investors are cautioned that these forward looking statements are neither promises nor guarantees, and are subject to risks and uncertainties that may cause future results to differ materially from those expected. These forward-looking statements are made as of the date hereof and, except as required under applicable securities legislation, the Company does not assume any obligation to update or revise them to reflect new events or circumstances. All of the forward-looking statements made in this press release are qualified by these cautionary statements and by those made in our filings with SEDAR in Canada (available at www.sedar.com).

Click here to connect with Sunvest Minerals Corp (TSXV:SSS) for an Investor Presentation.

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From:: Investing News Network

Gold Price Steady After Fed Hikes Interest Rates

By Nicole Rashotte

gold outlook free report

After two days of meetings regarding monetary policy, the US Federal Reserve officially announced the second interest rate hike of the year on Wednesday (June 13).

The Fed lifted the target federal funds rate by 25 basis points from 1.75 percent to 2 percent, but the increase had little impact on the price of gold, which remained just below the psychological barrier of US$1,300 per ounce.

Brien Lundin, president and CEO of Jefferson Financial, told the Investing News Network, “[g]old showed little response, so far, to the Fed’s rate hike, but the story remains to be written.”


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“As investors who track the various gold-oriented websites and Twitter feeds know well, many analysts have been noting how gold has traded lower in advance of Fed rate hikes, only to rally strongly afterward,” he added.

Lundin, as well as other analysts and market watchers, have been tracking the phenomenon of the yellow metal surging after a Fed hike announcement since late 2015, but he now fears it may have a reversal effect, stating, “this dynamic is so well known and widely expected, it will stop working as traders compensate for the effect.”

Lundin also notes that there could be a secondary thing happening with the precious metal in relation to the Fed hike.

He stated, “[a]nother possibility: It could “stop working” now, only to start working later.”

Adding, “many of those who’ve begun touting this trading pattern are careful to note that it’s only failed to work one time, and that was after last year’s June rate hike. However, in that instance the effect was simply delayed — gold began to rally about two weeks after the June 2017 rate increase.”

Lundin points out that if we see gold follow the same pattern that it did in June 2017, where it posted around 10-percent gains during its delayed rally, then the yellow metal has the potential to go “well over the key US$1,400 mark.”

In addition to today’s interest rate hike, the markets are also reacting to the Federal Reserve’s guidance regarding future interest rates. The median average of the central bank’s updated forecasts were up from March’s projection of 2.1 percent to sit at around 2.4 percent.

The forecast also suggested that the Federal Reserve would raise interest rates two more times in 2018.

Interest rates are expected to increase to 3.1 percent next year, up from the previous estimate of 2.9 percent. By the year 2020, the Fed expects interest rates to climb to 3.4 percent.

Rounding out the Federal Reserve’s meeting come the knowledge that they expect the US gross domestic product to grow by 2.8 percent in 2018, with economic activity projected to expand 2.4 percent in 2019.

Overall, the economy is expected to grow 2.0 percent in 2020.

Neils Christensen of Kitco News stated, “[n]egative for gold though is that the central bank also forecasts tame inflation pressures throughout year. With higher interest rates, this means that real interest rates will push higher.”

Adding, “[t]he projections show inflation rising 2.1 percent for the next three years. Inflation expectations are slightly higher this year compared to March’s forecast of 1.9 percent.”

As of 3:27 p.m. EST, gold was up 0.26 percent, trading at US$1,298.60 per ounce.

Don’t forget to follow us @INN_Resource for real-time news updates!

Securities Disclosure: I, Nicole Rashotte, hold no direct investment interest in any company mentioned in this article.


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Western Copper and Gold Chairman: Copper to Hit $4.50 by End of 2018

By Investing News Network

Western Copper and Gold (TSX:WRN,NYSEAMERICAN:WRN) Chairman Dale Corman believes the price of copper will reach $4.50 per pound by the end of 2018. Driven by demand from Chinese power plants and the electric vehicle market, demand is positioned to outweigh supply.

Below is a transcript of our interview with Western Copper and Gold Chairman Dale Corman. It has been edited for clarity and brevity.

Investing News Network: You had noted success with Western Silver, and during the last copper cycle you were able to sell Peñasquito for $1.6 billion. Tell us about the size and stage of your latest project, Casino, and how it compares to the Peñasquito site.

Western Copper and Gold Chairman Dale Corman: The two deposits are basically the same size. Peñasquito is a leadzincsilver-gold deposit and the other, Casino, is a copper-gold-moly deposit. Both are huge and Peñasquito has been operating for 10 to 15 years, and is good for another 10 or 15 at least. While Peñasquito has a higher NSR, the stripping ratio at Casino is much lower: 0.59:1 to Peñasquito’s 2.5:1. I rank the deposits equally, with one of them being more comparable to the large copper porphyry deposits in the world.

INN: The projects are in two different locations. As we begin moving into the next copper cycle, how does geography and jurisdiction play a role in the value of each project?

DC: Mexico has always had a large and strong mining community. The Yukon, meanwhile, goes back to the early days of its gold rush prior to the turn of the 20th century. I believe that we are on the brink of a mining resurgence in the Yukon. We have seen one sizeable gold deposit, and eventually Casino will become one of the largest open-pit mines in Canada. The cashflow from this will be tremendous for the Yukon’s local economy.

INN: The copper market is in a trough at the moment, and it has been a long, protracted cycle. Based on your 60 years of experience as an analyst, what do you see happening currently that gives a sense that the environment is starting to change?

DC: The cycle turned in 2008, 2009. Before that, everything was moving full speed ahead. When the market turned, everything just froze. Then copper prices rose to $4.50 in 2011, and tanked again. We have been in that position for almost a decade now.

There has been very little development in the copper space. In fact, there are only a few deposits out there capable of being developed. The next few years are going to see a massive appetite for copper with supply dwindling and consumption on the rise.

INN: So you’re saying that the key is to be appropriately poised to move quickly and capitalize on the market?

DC: We have to be in a position where we have a project that is as close to shovel ready as possible. That has been our focus. We have done two prefeasibility studies, and a full feasibility study in 2013 followed by an update in 2017. For the update we did a trend analysis to see what had shifted in the last four years, and we found very little change. The numbers in the feasibility still stand.

Over the last couple of years, we have focused on permitting, which is becoming a more time-consuming and costly program across the world. Yukon is no exception.

INN: Being shovel ready means having done extensive work beforehand and undergoing the required approval and permitting process.

DC: Yes. Casino is so large that it is going to take a major mining company to build it. We don’t have the staff to do it, but we will have everything ready for either a joint venture or an outright sale.

INN: When we look at the copper market, do you think that the combined growth in renewable energy sources and the demand for electric vehicles are at the core of driving copper demand?

DC: The increase in demand is driven by the electrical industry, particularly in power plants. China is building tremendous power plants every year, and that has been driving the price and consumption of copper. There is also India, which is just emerging, and is going to be a force of their own. They are building infrastructure that requires significant amounts of copper.

Electric vehicles will also put another strain on the copper market. An electric vehicle will consume something like 230 pounds of copper, compared to a total 50 to 70 pounds in a conventional gasoline car. As we move forward with electric vehicles, you are going to need copper for the cars themselves, but also for all the infrastructure associated with them, such as charging stations around the city, at homes and at office buildings. I don’t think there’s enough copper to meet that demand.

INN: The gold market has already seen some major acquisitions. When do you think that we will start seeing similar movements for properties like Casino?

DC: I think all the majors are looking right now. The big drivers are going to be smelting companies in Korea, Japan and China, because they need concentrates to stay in business. These companies recognized the upcoming shortage two to three years ago, and have been looking for partnerships with big mining companies who can operate the projects.

INN: Are you getting interest?

DC: We have seen a lot of interest from smelting companies, with renewed interest from Chinese companies. We are also seeing growing interest from domestic companies.

INN: So everything is looking positive?

DC: It is. I have no doubt in my mind that Casino is going to be a big mine, but I’m very patient, and we won’t see a lot of activity until we start to see movement in the copper prices, which I expect to go up to $4.50 by the end of the year.

INN: How have your investors been able to remain patient and have faith in a positive outcome?

DC: I think investors recognize the value of Casino and see …read more

From:: Investing News Network

Telson Mining Corporation Makes US $8 Million Payment to Nyrstar and Enters into Loan Agreement to Facilitate Balance of Final Payment for Campo Morado Acquisition

By Anwesha Sengupta

Telson Mining Corporation (TSXV:TSN, OTCBB:SOHFF) is pleased to announce that on June 6, 2018 it paid US$8 million to Nyrstar Mining Ltd. (“Nyrstar”) as a partial payment under its Share Purchase Agreement dated April 27, 2017 (the “Acquisition Agreement”) and has entered into a Loan Agreement dated June 13, 2018 with Nyrstar Canada (Holdings) Ltd (“the Lender”) that effectively converts the final US$8.5 million due under the Acquisition Agreement into a loan and thereby extends the payment terms over the next eight months.

The principal sum due under the loan agreement is US$8.5 million (the “Principal Sum”), and will bear interest at 10% per annum, with the Principal Sum plus capitalized amounts to be paid in full at the latest by February 28, 2019 as more particularly described below. Telson may prepay any amount of the loan outstanding without penalty.

On the 13th day of each month starting as of July 13, 2018 Telson will repay to the Lender:

  • a minimum of US$1,000,000; plus
  • interest at the specified rate on the outstanding Principal Sum at that month; plus
  • 70% of the monthly free cash flow generated by Telson; plus
  • any monthly excess cash balance above US$500,000.

Telson was able to make the partial payment of US$8 million from proceeds of concentrate sales recently received from Trafigura Mexico SA de CV (“Trafigura”). Telson will provide additional information respecting the bulk payment from Trafigura shortly.

Sr. Jose Antonio Berlanga, Telson’s CEO stated: “We would like to thank Nyrstar for their good faith negotiations, continued support and cooperation in reaching a mutually agreeable extension and loan agreement. By renegotiating and extending the final payment terms for the Campo Morado acquisition we are extremely pleased to once again protect our shareholders by avoiding the immediate need to raise equity funding in what we consider an undervalued market. With the recent declaration of Commercial Production at Campo Morado we are very confident our free cash flows will easily support the loan repayment terms.”

About Telson Mining Corporation

Telson Mining Corporation is a Canadian based mining company with two Mexican gold, silver and base metal mining projects.

Telson is currently in commercial production at its 100% owned Campo Morado Mine in Guerrero, Mexico. Telson acquired Campo Morado in June 2017, re-commenced mining and processing operations in October 2017 with pre-production from mine development on a trial basis that commenced at an average 1,400 tonnes per day and declared commercial production as of May 15, 2018.

Telson’s Tahuehueto Project, located in north-western Durango State, Mexico is currently in pre-production at approximately 100 tonnes per day utilizing a toll mill for processing, and has entered a construction phase with a timeline to be producing on site in its own mineral processing plant capable of milling at least 1,000 tonnes per day in Q1, 2019. Regular metal concentrate delivery and sales are underway from both projects.

Visit: www.telsonmining.com

On behalf of the board of directors

(signed) “Ralph Shearing”

Ralph Shearing, P.Geol, President and Director

Qualified Persons
This press release was prepared under the supervision and review of Ralph Shearing, P.Geol., President and Director of Telson Resources Inc., a Professional Geologist registered in Alberta as a member of the professional association APEGA, and a Qualified Person as defined by NI 43-101.

Cautionary Note Regarding Production Decisions and Forward-Looking Statements
It should be noted that Telson has declared commercial production at Campo Morado prior to completing a feasibility study of mineral reserves demonstrating economic and technical viability. Accordingly, readers should be cautioned that Telson’s production decision has been made without a comprehensive feasibility study of established reserves such that there is greater risk and uncertainty as to future economic results from the Campo Morado mine and a higher technical risk of failure than would be the case if a feasibility study was completed and relied upon to make a production decision. Telson has completed a preliminary economic assessment (“PEA”) mining study on the Campo Morado mine that provides a conceptual life of mine plan and a preliminary economic analysis based on the previously identified mineral resources (see News Release dated November 8, 2017 and April 4, 2018). This will soon be replaced by a pre-feasibility study (“PFS”) that will allow the application of modifying factors to the mineral resources to allow a portion of them to be converted to mineral reserves.

Statements contained in this news release that are not historical facts are “forward-looking information” or “forward-looking statements” (collectively, “Forward-Looking Information”) within the meaning of applicable Canadian securities laws. Forward Looking Information includes, but is not limited to, disclosure regarding possible events, conditions or financial performance that is based on assumptions about future economic conditions and courses of action; the timing and costs of future activities on the Company’s properties, such as production rates and increases; success of exploration, development and bulk sample processing activities and timing for processing at its own mineral processing facility on the Tahuehueto project site. In certain cases, Forward-Looking Information can be identified by the use of words and phrases such as “plans”, “expects”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or variations of such words and phrases. In preparing the Forward-Looking Information in this news release, the Company has applied several material assumptions, including, but not limited to, that the current exploration, development, environmental and other objectives concerning the Campo Morado Mine and the Tahuehueto Project can be achieved, the continuity of the price of gold, zinc, lead and other metals, economic and political conditions and operations. Forward-Looking Information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the Forward-Looking Information. There can be no assurance that Forward-Looking Information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on Forward-Looking Information. Except as required by law, the Company does not assume any obligation to release publicly any revisions to Forward-Looking Information contained in …read more

From:: Investing News Network

Corvus Gold Drills 18.3 Metres @ 4.02 g/t Gold, West Zone Stepout Hole, Mother Lode Project, Nevada

By Anwesha Sengupta

Corvus Gold Inc. (“Corvus” or the “Company”) – (TSX:KOR) (OTCQX:CORVF) announces it has received further results from its resource expansion drilling program on the western and eastern sides of the Mother Lode deposit (Figure 1). The western expansion zone hole ML18-067 returned 18.3 metres @ 4.02 g/t gold, intersecting the Main Zone in the western most hole reported to date (Table 1). Additionally, within the same hole a continuation of the expanding lower grade oxide zones above the higher grade Main Zone were displayed with separate intercepts of 25.9m @ 0.68 g/t gold & 30.5m @ 0.67 g/t gold. This hole along with hole ML18-060 (24.4m @ 3.1 g/t gold), drilled 70 metres to the northeast, continue to show the trend of increasing grade as we drill to the west, outlining a new high-grade center to the deposit.

The results from the east side of the deposit have shown a continuation of mineralization to the northeast along the projection of the Fluorspar Canyon Fault (FCF) as illustrated by hole ML18-064 (10.7m @ 1.42 g/t gold). In addition, hole ML18-066 has extended the near surface eastern higher-grade zone to the south of previous hole ML18-046 (30.5m @ 2.05 g/t gold) outlining some early opportunity expansion for the future mine plan.

With the continued success of the Mother Lode drill program and as a result of the Company’s recent financing (CDN$4.5M @ $2.60/share, see press release dated June 7, 2018) the phase III program is currently being planned to complete 30,000 metres of resource stepout drilling beginning in early September. With the current phase II drill program, extending through August the project will now have continuous drilling activity for the foreseeable future.

Jeff Pontius, President and CEO of Corvus states, “The new stepout results to the west and east at Mother Lode continue to show an expanding deposit. The result in hole ML18-067 continue to highlight increasing grade to the west and at depth along the main north northeast, west dipping, FCF/dike trend. This expanding high-grade center appears to the primary feeder structure for the Mother Lode deposit and has potential at depth to transition into a larger deposit. This large deep target will be tested in the phase three program with a series of deep core holes with what we believe is the potential to significantly change the scope of the Mother Lode deposit.”

Table 1
Phase II – Mother Lode Significant Drilling Results
(Reported intercepts are not true widths as there is currently insufficient data to calculate true orientation in space. Mineralized intervals are calculated using a 0.3 g/t cutoff unless otherwise indicated below)

Drill Hole # from (m) to (m) Interval (m) Gold (g/t) Silver (g/t) Comment
ML18-064
AZ 085 dip-65
294.13 315.47 21.34 0.97 n/a East of ML17-033
Main Zone
inc 294.13 304.80 10.67 1.42 n/a 1 g/t cut
320.04 323.09 3.05 0.43 n/a Lower OX Zone
367.28 370.33 3.05 0.74 n/a Lower OX Zone
373.38 377.95 4.57 0.30 n/a Lower OX Zone
ML18-065
AZ 085 dip-50
33.53 36.58 3.05 0.59 n/a East of ML17-042
Upper OX Zone
ML18-066
AZ 085 dip-50
0.00 15.24 15.24 1.56 n/a South of ML18-046
Upper OX Zone
inc 0.00 9.14 9.14 2.24 n/a 1 g/t cut
68.58 79.25 10.67 0.92 n/a Main Zone
inc 76.20 79.25 3.05 1.30 n/a 1 g/t cut
105.16 108.20 3.05 0.73 n/a Lower OX
149.35 155.45 6.10 0.61 n/a Lower OX
ML18-067
AZ 085 dip-70
201.17 227.08 25.91 0.68 n/a West of ML18-045
Upper OX Zone
inc 222.50 225.55 3.05 1.18 n/a 1 g/t cut
233.17 263.65 30.48 0.67 n/a New Zone
inc 257.56 262.13 4.57 1.15 n/a 1 g/t cut
297.18 316.99 19.81 3.76 n/a Main Zone
inc 298.70 316.99 18.29 4.02 n/a 1 g/t cut

A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/6ff81501-f00f-4766-aa30-3fdb1fa6fc33

Qualified Person and Quality Control/Quality Assurance

Jeffrey A. Pontius (CPG 11044), a qualified person as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”), has supervised the preparation of the scientific and technical information that forms the basis for this news release and has approved the disclosure herein. Mr. Pontius is not independent of Corvus, as he is the CEO & President and holds common shares and incentive stock options.

Carl E. Brechtel, (Nevada PE 008744 and Registered Member 353000 of SME), a qualified person as defined by NI 43-101, has coordinated execution of the work outlined in this news release and has approved the disclosure herein. Mr. Brechtel is not independent of Corvus, as he is the COO and holds common shares and incentive stock options.

The work program at Mother Lode was designed and supervised by Mark Reischman, Corvus Gold’s Nevada Exploration Manager, who is responsible for all aspects of the work, including the quality control/quality assurance program. On-site personnel at the project log and track all samples prior to sealing and shipping. Quality control is monitored by the insertion of blind certified standard reference materials and blanks into each sample shipment. All resource sample shipments are sealed and shipped to American Assay Laboratories (AAL) in Reno, Nevada, for preparation and assaying. AAL is independent of the Company. AAL’s quality system complies with the requirements for the International Standards ISO 9001:2000 and ISO 17025:1999. Analytical accuracy and precision are monitored by the analysis of reagent blanks, reference material and replicate samples. Finally, representative blind duplicate samples are forwarded to AAL and an ISO compliant third-party laboratory for additional quality control. Mr. Reischman, a qualified person, has verified the data underlying the information disclosed herein, including sampling, analytical and test data underlying the information by reviewing the reports of AAL, methodologies, results and all procedures undertaken for quality assurance and quality control in a manner consistent with industry practice, and all matters were consistent and accurate according to his professional judgement. There were no limitations on the verification process.

About the North Bullfrog & Mother Lode Projects, Nevada

Corvus controls 100% of its North Bullfrog Project, which covers approximately 72 km² in southern Nevada. The property package is made up of a number of private mineral leases of patented federal mining claims and 865 federal unpatented mining claims. The project has excellent infrastructure, being adjacent to a major highway and power corridor as well as a large water right. The Company also controls 194 federal unpatented mining claims on the Mother Lode project which totals 1,597 hectares which it owns 100% of.

About Corvus Gold Inc.

Corvus Gold Inc. is a North American gold exploration and development company, focused on …read more

From:: Investing News Network

Bonterra Intersects 44.9 g/t over 3.0 m and Extends Mineralization in Multiple Zones at the Gladiator Gold Deposit

By Anwesha Sengupta

Bonterra Intersects 44.9 g/t over 3.0 m and Extends Mineralization in Multiple Zones at the Gladiator Gold Deposit (CNW Group/Bonterra Resources Inc.)

Bonterra Resources (TSXV:BTR; OTCQX:BONXF, FWB:9BR1) (the “Company” or “Bonterra”) is pleased to announce the latest drilling results from the ongoing resource development program at the Gladiator Gold Deposit. The drill results included an intersection of 44.9 g/t Au over 3.0 m, which extended a high-grade ore shoot of the Footwall Zone up-plunge to the west in the Rivage Gap area.

Bonterra Intersects 44.9 g/t over 3.0 m and Extends Mineralization in Multiple Zones at the Gladiator Gold Deposit (CNW Group/Bonterra Resources Inc.)

Highlights and Observations:

  • Infill drill results continue to demonstrate the continuity of the deposit, highlighting the predictability of the mineralized zones.
  • Hole BA-18-34 intersected the Footwall Zone with 44.9 g/t Au over 3.0 m, extending a high-grade ore shoot to the west, up-plunge in the Rivage Gap area.
  • Hole BA-18-36 extended the North Zone by ~150 m to the east, down-plunge of a defined ore shoot with 8.4 g/t Au over 3.0 m.
  • Infill holes BA-18-27A, BA-18-30 and BA-18-31 intersected the Main Zone between 300 to 500 m below surface, demonstrating the continuity of mineralization with 24.3 g/t Au over 5.0 m in BA-18-30 and 9.6 g/t Au over 3.5 m in BA-18-31.
  • Hole BA-18-28 intersected the North Zone in the Rivage area, extending the zone down-plunge in the western part of the deposit, with 5.3 g/t Au over 1.3 m.
  • Holes BA-18-27A and BA-18-30 intersected the North Zone adding definition between 300 to 400 m depth with 7.2 g/t Au over 2.0 m in BA-18-27A.
  • To date, continuity of mineralization is now confirmed over a total drilled strike length on at least four horizons (North, Footwall, Main and South) of 1,200 m, as well as a drilled depth of over 1,000 m.

“The resource development program continues to be extremely successful in terms of the extension of mineralized zones and in terms of demonstrating high grades throughout. Most significantly however is how well we have shown continuity down dip and along strike for all five of the primary zones to date. The high grades encountered on the west side of the deposit and the down plunge of the east side announced today are of obvious significance to the deposit as a whole,” commented Nav Dhaliwal, President and CEO of Bonterra.

Results from the winter drilling campaign at the Gladiator Gold Deposit successfully extended the deposit both west and east. The drilling program opened multiple zones for further expansion from surface to depth. Recent drilling in the west side of the deposit extended the North Zone and now totals a strike length of approximately 1,300 m.

Bonterra continues with the aggressive resource development program with five drills at the deposit focused on infill and step-out drilling in preparation for the updated mineral resource estimate in the second half of 2018.

Hole From

(m)

To

(m)

Length*

(m)

Grade

(g/t Au)

Zone/Area
BA-18-27A 406.0 408.0 2.0 7.2 North
614.0 617.0 3.0 4.6 Main
BA-18-28 355.7 357.0 1.3 5.3 North
BA-18-30 441.5 442.6 1.1 5.3 North
708.0 713.0 5.0 24.3 Main
BA-18-31 677.0 680.5 3.5 9.6 Main
BA-18-34 337.0 340.0 3.0 44.9 Footwall
BA-18-35 467.8 469.0 1.2 4.3 South
BA-18-36 510.0 513.0 3.0 8.4 North
*Stated lengths are core width as drilled, true widths vary and average between 60 and 80 percent of drilled widths. Core axis angles of the intersection contacts and surrounding rock units average 55 to 70 degrees.

Please see http://bonterraresources.com/projects/gladiator-project/maps-sections/ for updated maps including long sections and cross sections.

Bonterra Resources Quick Facts:

  • Well financed with approximately $65 million raised since 2017.
  • Strong Shareholder Base including: Eric Sprott, Van Eck, Kirkland Lake Gold
  • Gladiator Gold Deposit:
    • Deposit extension and resource expansion underway with 60,000 m completed in 2017 and 70,000 m planned for 2018.
    • Advancing to the completion of an updated NI 43-101 Mineral Resource Estimate in the second half of 2018.
    • Drilled dimensions of the Gladiator Gold Deposit are currently outlined to a depth of over 1,000 m below surface, and a strike length of 1,300 m.
    • Gladiator remains open in all directions, where at least six distinct sub-parallel zones or mineralized horizons have been identified.
    • Drilling is currently focused on the continued expansion of Gladiator Gold Deposit and exploration targets within the 10,541-hectare Urban-Barry property.
  • Larder Lake Gold Property:
    • 100% controlled 2,221-hectare in the Cadillac-Larder Break camp in Ontario (refer to March 17, 2016 news release highlighting historical gold resource).
    • Excellent access to three high grade gold deposits between Kirkland Lake and Virginiatown.

Robert Gagnon, P.Geo., has approved the information contained in this release. Mr. Gagnon is a director of Bonterra and is a Qualified Person as defined by NI 43-101.

ON BEHALF OF THE BOARD OF DIRECTORS,

Nav Dhaliwal, President & CEO
Bonterra Resources Inc.

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 Bonterra’s current expectations, estimates, forecasts and projections. This forward-looking information includes, among other things, statements with respect to Bonterra’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 Bonterra’s actual results, level of activity, performance or achievements to be materially different from those expressed or implied by such …read more

From:: Investing News Network

Wallbridge Starts Ramp Development and Underground Drilling at Fenelon Gold

By Anwesha Sengupta

Wallbridge Mining Company Ltd. (TSX:WM, FWB:WC7) (“Wallbridge” or the “Company”) is pleased to announce that it has completed rehabilitation of existing underground workings and has commenced ramp development and underground diamond drilling as part of the 35,000-tonne bulk sample and underground exploration program at its 100%-owned Fenelon Gold Property (“Fenelon”).

“Once dewatered, the underground workings on the existing 5228 and 5213 levels were found to be in excellent shape allowing for rehabilitation to be completed as planned. With ramp development now underway we are on track to reach the next, 5195 level and start ore production from the first long-hole stopes next quarter” said Marz Kord, President and CEO of Wallbridge.

8,000 metres of underground drilling is also underway as part of the stope definition and resource expansion program proximal to the mine workings down to 150 metres depth. The drilling is designed to fill-in and extend the high grade mineralization intersected last year. Highlight intersections from these programs included 260.4 g/t Au over 7.02 metres, 141.2 g/t gold over 7.06 metres and 311.1 g/t gold over 3.06 metres (see Wallbridge Press Release dated December 13, 2017).

Deeper drilling to test the down-plunge of known high grade shoots is planned for Q4 of 2018 once the lower levels are developed.

A 10,000 metre surface drilling program is also scheduled to start in the latter part of this year to follow known mineralized zones and expand resources at depth and further away from the mine workings.

“We are very excited to start the in-fill and resource expansion drill program, which will allow us to fully define and expand the high-grade mineralization we discovered last year. Given the sub-parallel nature of gold-bearing structures at Fenelon, each drill hole is testing multiple zones, thereby not only defining the stopes to be taken during the bulk sample, but also preparing stopes for future production and exploring for additional mineralization” said Attila Pentek, Vice President Exploration of Wallbridge. “The 18,000 metre drill program planned for 2018 will also test other zones outside of the current resource be used towards an updated resource estimate in early 2019.”

Wallbridge’s Fenelon Gold Property is located in northwestern Quebec proximal to the Sunday Lake Deformation Zone (“SLDZ”) which hosts the Detour Gold Mine in Ontario, and Balmoral Resources’ gold deposits at Martiniere. The Fenelon Gold Property hosts the Discovery Zone gold deposit and surrounding 4 km strike length of a gold-hosting secondary splay of the SLDZ.

Since acquiring the property in late 2016, Wallbridge has completed an updated resource estimate and a positive pre-feasibility study on the existing resource (see Wallbridge Press Release dated February 02, 2017). In addition, Wallbridge has completed 33 drill holes totalling 6,348 metres in three surface exploration drilling campaigns at Fenelon. Drilling significantly extended existing zones and discovered several new parallel zones (see Wallbridge Press Release dated December 13, 2017). The current 35,000 tonne bulk sample and underground drilling program is designed to provide the information needed to make a production decision by Q1 2019.

The Qualified Persons responsible for the technical content of this press release are Marz Kord, P. Eng., M. Sc., MBA, President & CEO and Attila Pentek, P.Geo., Ph.D., Vice President Exploration for Wallbridge Mining Company Limited.

About Wallbridge Mining

Wallbridge is working to establish a pipeline of projects that will support sustainable production and revenue as well as organic growth through exploration and scalability.

Wallbridge is currently developing its 100%-owned high-grade Fenelon Gold property in Quebec with ongoing exploration and a bulk sample in 2018. Wallbridge is also pursuing other additional advanced-stage projects which would add to the Company’s near term project pipeline. These discussions benefit from the operating capabilities Wallbridge demonstrated by safely and efficiently mining the Broken Hammer deposit in Sudbury, which was completed in October 2015. Wallbridge is also continuing partner-funded exploration on its large portfolio of nickel, copper, and PGM projects in Sudbury, Ontario, with a focus on its high-grade Parkin project.

Wallbridge also has exposure to exploration for copper and gold in Jamaica and British Columbia through its 11.5% ownership of Carube Copper Corp. (CUC:TSX-V, formerly Miocene Resources Limited, a Wallbridge spin-out of its BC assets).

This press release may contain forward-looking statements (including “forward-looking information” within the meaning of applicable Canadian securities legislation and “forward-looking statements” within the meaning of the US Private Securities Litigation Reform Act of 1995) relating to, among other things, the operations of Wallbridge and the environment in which it operates. Generally, forward-looking statements can be identified by the use of words such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or statements that certain actions, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved”. Wallbridge has relied on a number of assumptions and estimates in making such forward-looking statements, including, without limitation, the costs associated with the development and operation of its properties. Such assumptions and estimates are made in light of the trends and conditions that are considered to be relevant and reasonable based on information available and the circumstances existing at this time. A number of risk factors may cause actual results, level of activity, performance or outcomes of such exploration and/or mine development to be materially different from those expressed or implied by such forward-looking statements including, without limitation, whether such discoveries will result in commercially viable quantities of such mineralized materials, the possibility of changes to project parameters as plans continue to be refined, the ability to execute planned exploration and future drilling programs, the need for additional funding to continue exploration and development efforts, changes in general economic, market and business conditions, and those other risks set forth in Wallbridge’s most recent annual information form under the heading “Risk Factors” and in its other public filings. Forward-looking statements are not guarantees of future performance and such information …read more

From:: Investing News Network