Doubleview Reports Strong Mineralization Extends Buck Zone of the Lisle Deposit Another 250m South-Southwest

Vancouver, British Columbia–(ACN Newswire – October 16, 2023) – Doubleview Gold Corp. (TSXV: DBG) (OTCQB: DBLVF) (FSE: 1D4) (the “Company or “Doubleview”) is pleased to announce further assay results from drill holes H054, H055 and H056 at the Hat deposit located in northwest British Columbia. Drill hole H054 contains assays with a higher gold content of 0.43 g/t, when generally balanced in comparison with copper 0.32%, scandium 27.3 g/t and cobalt 136.9 g/t, with a 1.29% copper equivalent intercept** over 143 meters. Drill hole H054 has extended the Buck Zone within the Lisle Deposit for another 250m south-southwest. The Hat polymetallic porphyry project in British Columbia’s Golden Triangle, has demonstrated that it contains several of the metals deem as “critical metals” by the Canadian and American federal governments.

  • The assay results summarized in Table 1 are open to the south and southwest of the Hat mineralization complex.
  • The mineralization starts from near the surface and strengthens in mineral content at depth,
  • Gold and cobalt mineralization are of higher grades in comparison with copper towards the south and southwest of the Lisle Deposit,
  • Strength of all metals with increased depth is notable in all drill holes to date in the Buck Zone,
  • The Buck Zone within the Lisle Deposit currently covers an area more than 400m x 450m and is open to the north-northeast, south, southwest, and to depth,
  • The Buck Zone connects the West Lisle, Main Lisle and Southern Lisle zones with strong mineralization.

The gradual approach to increasing the Buck Zone’s dimensions is anticipated to add more value to the upcoming Q1 2024 resource estimate. All drill holes in this news release (H054 – H056) have expanded the mineralized envelope of the Lisle Deposit. Table 2 depicts the location of drill holes H054, H055 and H056.

Farshad Shirvani, Doubleview’s president and CEO, commented, “The ongoing drilling campaign continues to exceed all expectations and the Company will continue working as long as weather permits. The 2023 program is designed to increase the dimensions of the Hat Deposit with the intention, upon completion of the NI 43-101 Resource Estimate, of having the project recognized as containing an outstanding resource, with exceptional metals extraction and recoveries. All holes drilled in 2023 are expected to be included in the forthcoming resource evaluation.”

Mr. Shirvani continued, “The 2023 drilling campaign continues to advance the Hat polymetallic deposit, and the total meters drilled this season now exceeds 8,700 meters.”

TABLE 1. Assay results

DDH From (m) To
(m)
Length (m) Ag
(g/t)
Au
(g/t)
Co
(g/t)
Cu
(%)
Sc
(g/t)
CuEq (%)* incl Sc2O3
H054 23.8 641.2 617.5 0.31 0.15 74.4 0.16 29.0 0.95
Inc. 90.6 600.7 510.2 0.34 0.16 79.2 0.17 29.0 0.97
Inc. 92.8 469.2 376.4 0.39 0.19 86.9 0.18 26.7 0.95
and 180.0 600.7 420.7 0.39 0.19 87.2 0.20 29.5 1.03
Inc. 186.0 469.2 283.2 0.49 0.24 102.2 0.23 26.8 1.03
Inc. 304.7 469.2 164.5 0.61 0.38 136.9 0.32 27.5 1.23
Inc. 325.9 469.2 143.3 0.64 0.43 134.6 0.36 27.3 1.29
Inc. 392.0 469.2 77.2 0.90 0.64 147 0.48 26.7 1.51
H055 27.0 645.0 618.0 0.22 0.06 48.1 0.09 30.5 0.86
Inc. 336.0 642.9 306.9 0.28 0.09 58.7 0.15 32.0 0.98
Inc. 396.6 621.0 224.5 0.31 0.10 57.7 0.18 33.0 1.03
Inc. 396.6 522.8 126.3 0.24 0.10 52.7 0.17 31.8 0.99
Inc. 504.8 524.8 20.0 0.74 0.41 116.6 0.73 34.5 1.75
Inc. 507.8 519.8 12.0 0.96 0.57 139.0 0.99 34.8 2.09
H056 66.0 398.5 332.5 0.25 0.05 58.7 0.08 31.4 0.88
Inc. 189.0 301.0 112.0 0.37 0.06 67.7 0.09 27.8 0.81
Inc. 189.0 216.0 27.0 0.67 0.11 74.8 0.20 31.3 1.02
Inc. 272.8 301.0 28.2 0.48 0.10 123.2 0.09 26.2 0.83
Notes:
– Metal equivalents should not be relied upon for future evaluations.
– Drill hole intercepts included in this news release are core lengths that may or may not be true widths of mineralization. It is not possible to determine true widths.
**Copper Equivalent (CuEq%) is estimated using the following metal values and equations:
– *CuEq(%) =(Ag(g/t) x Price_Ag x Rec_Ag/31.1035 + Au(g/t) x Price_Au x Rec_Au/31.1035 + Co(%) x Price_Co x Rec_Co x 22.0462 + Cu(%)x Price_Cu x Rec_Cu x 22.0462 + Sc(g/t) x Price_Sc x Rec_Sc x Sc_con) / (Price_Cu x 22.0462)
– Price_Ag = $22.20/troy oz, Price_Au=$1,812.14/ troy oz, Price_Co = $23.30/lb, Price_Cu = $3.84/lb, Price_Sc = $1.5/g
– Rec_Ag = 68% , Rec_Au = 89% , Rec_Co = 78%, Rec_Cu = 84% , Rec_Sc = 88%

 

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Figure 1. Section along the drill holes

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TABLE 2. Drill Hole Data

Drill Hole ID UTM – East UTM – North Elevation Max-Depth Azimuth Dip Area
H054 347,471 6,454,073 964 655 180.4 -59.1 Lisle West
H055 347,471 6,454,073 964 645 207.9 -69.8 Lisle West
H056 347,471 6,454,073 964 398.5 210 -56.2 Lisle West

 

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Figure 2. Drill Plan

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Quality Assurance and Quality Control:

Core samples were prepared at the North Vancouver facility of ALS Canada Ltd. using their PREP-31, PGM-ICP24, ME-MS61, and ME-ICP06 packages. Each core sample is dried, then crushed to 70% passing a 2mm screen. All material is processed in an automatic Riffle splitter to yield a 250g homogenized, representative sample. This sub-sample is then pulverized to 85% passing a 75-micron screen. All samples are analyzed for Au, Pt, Pd by 50g fire-assay fusion/ICP-ES finish, using PGM-ICP24 package. A separate 0.25g pulp split is analyzed by Four Acid digestion/ICP-MS finish, reporting 48 elements. Over limit elements are analyzed by Ore Grade Four Acid digestion/ICP-ES finish using ME-OG62 assay package. All of Doubleview’s core samples are analyzed or assayed at independent ISO 17025 and ISO 9001- certified laboratories.

Doubleview maintains a website at www.doubleview.ca.

Qualified Persons:

Erik Ostensoe, P. Geo., a consulting geologist, and Doubleview’s Qualified Person with respect to the Hat Project as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects, has reviewed, and approved the technical contents of this news release. He is not independent of Doubleview as he is a shareholder in the company.

Cautionary Note: Although a mineral resource estimation is currently being prepared by an independent engineering firm, no mineral resources have been estimated at the Hat Property and there is no assurance that further work will result in the Lisle Zone, or other zones if present, being classified as mineral resources.

About Doubleview Gold Corp

Doubleview Gold Corp., a mineral resource exploration and development company, is based in Vancouver, British Columbia, Canada, and is publicly traded on the TSX-Venture Exchange [TSX-V: DBG], [OTCQB: DBLVF], [GER: A1W038], [Frankfurt: 1D4]. Doubleview identifies, acquires and finances precious and base metal exploration projects in North America, particularly in British Columbia. Doubleview increases shareholder value through acquisition and exploration of quality gold, copper and silver properties and the application of advanced state-of-the-art exploration methods. The Company’s portfolio of strategic properties provides diversification and mitigates investment risks.

On behalf of the Board of Directors,

Farshad Shirvani, President & Chief Executive Officer

For further information please contact:

Doubleview Gold Corp
Vancouver, BC Farshad Shirvani
President & CEO

T: (604) 678-9587
E: corporate@doubleview.ca

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.

Certain of the statements made and information contained herein may constitute “forward-looking information.” In particular references to the private placement and future work programs or expectations on the quality or results of such work programs are subject to risks associated with operations on the property, exploration activity generally, equipment limitations and availability, as well as other risks that we may not be currently aware of. Accordingly, readers are advised not to place undue reliance on forward-looking information. Except as required under applicable securities legislation, the Company undertakes no obligation to publicly update or revise forward-looking information, whether as a result of new information, future events or otherwise.

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Appia Reports Remarkable Drilling Results; Doubles Depth of Mineralized Zones at the PCH Ionic Clay Project, Brazil

Toronto, Ontario–(ACN Newswire – October 16, 2023) – Appia Rare Earths & Uranium Corp. (CSE: API) (OTCQX: APAAF) (FSE: A0I0.F) (FSE: A0I0.MU) (FSE: A0I0.BE) (the “Company” or “Appia”) announce results from the first 17 drill holes out of 147 completed to date from the Reverse Circulation (RC) drilling campaign at its PCH Ionic Clay Project in Goiás State, Brazil. The results from the first 17 RC drill holes represent a significant doubling in average depth of mineralized zones to 13 metres with overall weighted average grades of 1,566 parts per million (ppm) Total Rare Earth Oxides (TREO) which is comparable to, or surpasses, other well-known international deposits.

Summary:

  • Reverse Circulation (RC) drill holes assayed: The first 17 RC drill holes of the Phase 1 drill program are all Rare Earth Element (REE) mineralized. A total of 147 holes have been completed to date with an accumulated total of 2,019 metres drilled.
  • Average depth doubled: The average depth of RC drilling is over 13 metres from surface representing a significant doubling in average depth of the mineralized zones.
  • Outstanding Grades: The results exhibit overall grades similar to or surpassing known deposits, with remarkable high-grade mineralization identified, including:
  • PCH-RC-001 from 0m to 15m End of Hole (EOH):
    • 1,914 ppm TREO and 510 ppm Magnet Rare Earth Oxides (MREO), or 27% of TREO, including 9m @ 2,300 ppm TREO and 632 ppm MREO, or 27% of TREO from 2m to 11m; and
    • 291 ppm Heavy Rare Earth Oxides (HREO), or 15% of TREO, including 9m @ 366 ppm, or 16 % of TREO.
  • PCH-RC-002 from 0m to 15m (EOH):
    • 2,671 ppm TREO and 605 ppm MREO, or 23% of TREO, including 6m @ 5,389 ppm TREO and 1,189 ppm MREO, or 23% of TREO from 8m to 14m; and
    • 220 ppm HREO, or 8% of TREO, including 6m @ 412 ppm HREO, or 8% of TREO.
  • PCH-RC-008 from 0m to 18m (EOH):
    • 2,752 ppm TREO and 741 ppm MREO, or 27% of TREO, including 15m @ 3,084 ppm TREO and 839 ppm MREO, or 27% of TREO from 2m to 17m; and 404 ppm HREO, or 15% of TREO, including 15m @ 460 ppm HREO, or 15% of TREO.
  • PCH-RC-009 from 0m to 15m (EOH):
    • 3,277 ppm TREO and 804 ppm MREO, or 25% of TREO, including 12m @ 3,594 ppm TREO and 886 ppm MREO, or 24% of TREO from 1m to 13m; and
    • 251 ppm HREO, or 8 % of TREO, including 12m @ 275 ppm HREO, or 8% of TREO.
  • PCH-RC-011 from 0m to 15m (EOH):
    • 3,717 ppm TREO and 913 ppm MREO, or 25% of TREO, including 11m @ 4,182 ppm TREO and 1,035 ppm MREO, or 25% of TREO from 0m to 11m; and
    • 286 ppm HREO, or 8 % of TREO, including 11m @ 327 ppm HREO, or 8% of TREO.

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Table 1 – Highlighted assay composites from 17 reverse circulation drillholes in the Target IV.

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TREO = ([CeO2 ppm] + [Dy2O3 ppm] + [Er2O3 ppm] + [Eu2O3 ppm] + [Gd2O3 ppm] + [Ho2O3 ppm] + [La2O3 ppm] + [Lu2O3] ppm] + [Nd2O3 ppm] + [Pr6O11 ppm] + [Sm2O3 ppm] + [Tb4O7 ppm] + [Tm2O3 ppm] + [Yb2O3 ppm]). MREO = ([Dy2O3 ppm] + [Pr6O11 ppm] + [Nd2O3 ppm] + [Sm2O3 ppm] + [Tb4O7 ppm]). HREO = [Dy2O3 ppm] + [Er2O3 ppm] + [Eu2O3 ppm] + [Gd2O3 ppm] + [Ho2O3 ppm] + [Lu2O3] ppm] + [Sm2O3 ppm] + [Tb4O7 ppm] + [Tm2O3 ppm] + [Yb2O3 ppm]).

For a complete listing of all assay results, please click here.

“These exceptional drilling results have confirmed the potential of Target IV,” stated Stephen Burega, president. “The assay results received to date showcase substantial mineralization across 100% of the drill holes.”

Tom Drivas, CEO, said, “It’s very exciting to witness the PCH Ionic Clay project’s potential increasing through this Phase 1 drilling campaign with the average depth of mineralized zones increasing to 13 metres while consistently delivering extraordinary overall assay values which, in many cases, are from top to bottom of the hole.”

He continued, “Ionic Clay Rare Earths Deposits are usually found within the top 10-20m from surface; they are easier to mine, more environmentally friendly because they contain low or no radioactivity; exhibit simpler metallurgy therefore easier and cheaper to process; and contain good amounts of both the very valuable heavy and light magnet rare earths that are in high demand for cleaner electrification and use in a large number of high tech applications.”

The PCH Ionic Clay Project drilling has resulted in 17 holes with a weighted average value of 1,566 ppm TREO, which is comparable to, or surpasses, other well-known international deposits. “This initial batch of samples has revealed MREO that account for approximately 25% of TREO, producing notable overall values up to 1,189 ppm. We have identified high-grade values that are exceptional in terms of both width and grades,” stated Carlos Bastos, Brazilian Qualified Person and Geology Manager.

Target IV marks a significant milestone for Appia’s PCH Ionic Clay project, and the Company eagerly anticipates receiving further assay results from the SGS Geosol labs. “These results reaffirm our commitment to exploring the entire PCH project area which covers an impressive 17,551 hectares with a significant area still open to bluesky early-stage exploration, and we look forward to sharing more exciting developments in the near future,” commented Stephen Burega.

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Figure 1. Reverse Circulation drilling program map location.

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Figure 2. A representative Cross section of PCH-RC-001, PCH-RC-008, and PCH-RC-009 from Target IV, north-south orientation, and location showed in Figure 1.

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Table 3. Drill hole collar details for 17 RC drilling. SIRGAS 2000 – UTM zone 22S.

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Background on the PCH Project

The PCH Project is located within the Tocantins Structural Province in the Brasília Fold Belt, more specifically, the Arenópolis Magmatic Arc. The PCH Project is 17,551.07 ha in size and located within the Goiás State of Brazil. It is classified as an alkaline intrusive rock occurrence with highly anomalous REE and Niobium mineralization. This mineralization is related to alkaline lithologies of the Fazenda Buriti Plutonic Complex and the hydrothermal and surface alteration products of this complex by supergene enrichment in a tropical climate. The positive results of the recent geochemical exploration work carried out to date indicates the potential for REEs within lateritic ionic adsorption clays and Niobium.

Reverse circulation (RC) drill holes are sampled at one metre intervals, resulting in higher average sample size of 5-25 kg. A small representative specimen was taken from each sample bag and placed into a chip tray for visual inspection and logging by the geologist. Quartering was performed at Appia’s logging facility using a riffle splitter and continued splitting until a representative sample weighing approximately 500g each was obtained, bagged in a resistant plastic bag, labeled, photographed, and stored for shipment.

The samples were sent to the SGS laboratory in Vespasiano, Minas Gerais. Despite the SGS Lab owning internal QA/QC, Appia has used its own control samples in each batch sent to the laboratory.

Quality control samples, such as blank, duplicate, and standard (CRM) were inserted into each analytical run. For all analysis methods, the minimum number of QA/QC samples is one standard, one duplicate and one blank, introduced every batch which comprise a full-length hole. The rigorous procedures implemented during the sample collection, preparation, and analysis stages underscore the robustness and reliability of the analytical results obtained.

All analytical results reported herein have passed internal QA/QC review and compilation. All assay results of RC samples were provided by SGS Geosol, an ISO/IEC 17025:2005 certified laboratory, which performed their measure of the concentration of rare earth elements (REE) analyses by Inductively Coupled Plasma Mass Spectrometry (ICP-MS) analytical methods.

The technical content in this news release was reviewed and approved by Mr. Don Hains, P.Geo, Consulting Geologist, and a Qualified Person as defined by National Instrument 43-101.

About Appia Rare Earths & Uranium Corp. (Appia)

Appia is a publicly traded Canadian company in the rare earth element and uranium sectors. The Company is currently focusing on delineating high-grade critical rare earth elements and gallium on the Alces Lake property, as well as exploring for high-grade uranium in the prolific Athabasca Basin on its Otherside, Loranger, North Wollaston, and Eastside properties. The Company holds the surface rights to exploration for 113,837.15 hectares (281,297.72 acres) in Saskatchewan. The Company also has a 100% interest in 12,545 hectares (31,000 acres), with rare earth elements and uranium deposits over five mineralized zones in the Elliot Lake Camp, Ontario. Lastly, the Company holds the right to acquire up to a 70% interest in the PCH Ionic Adsorption Clay Project which is 17,551.07 ha. in size and located within the Goiás State of Brazil. (See June 9th, 2023 Press Release – Click Here)

Appia has 130.5 million common shares outstanding, and 143.3 million shares fully diluted.

Cautionary Note Regarding Forward-Looking Statements: This News Release contains forward-looking statements which are typically preceded by, followed by or including the words “believes”, “expects”, “anticipates”, “estimates”, “intends”, “plans” or similar expressions. Forward-looking statements are not a guarantee of future performance as they involve risks, uncertainties and assumptions. We do not intend and do not assume any obligation to update these forward-looking statements and shareholders are cautioned not to put undue reliance on such statements.

Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.

For more information, visit www.appiareu.com

As part of our ongoing effort to keep investors, interested parties and stakeholders updated, we have several communication portals. If you have any questions online (Twitter, Facebook, LinkedIn) please feel free to send direct messages.

To book a one-on-one 30-minute Zoom video call, please click here.

For further information, please contact:

Tom Drivas, CEO and Director: 416-546-2707, (fax) 416-218-9772 or (email) tdrivas@appiareu.com

Stephen Burega, President: (cell) 647-515-3734 or (email) sburega@appiareu.com

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BDO announces winners of the 5th BDO ESG Awards 2023

Hong Kong, Oct 13, 2023 – (ACN Newswire) – BDO, the world’s fifth largest accountancy and advisory network, announced the winners of the 5th BDO ESG Awards (the Awards), comprising listed companies in Hong Kong that have made a positive impact in the Environmental, Social, and Governance (ESG) domains through the implementation of outstanding sustainability initiatives. The winners were made known during the BDO ESG Awards Presentation Ceremony, which is the first physical awards presentation ceremony to be held since the COVID outbreak. All of the finalists were invited to the ceremony to personally witness and celebrate the remarkable achievements of the winning companies.

The Theme Award this year, echoing the Awards’ position as a champion of ESG excellence, continued to emphasise the importance of carbon neutrality and the urgent need to combat climate change. Correspondingly, it honoured listed companies that have dedicated efforts to achieving carbon neutrality, including their initiatives and performance in reducing carbon emissions. Additionally, this year witnessed the introduction of the new Outstanding ESG Performance of H-share Companies Awards category (full list below).

Mr Clement Chan, BBS MH JP, Managing Director, BDO, said, “We are pleased to see an overwhelming number of nominations this year, which represent listed companies in Hong Kong in general are now better equipped themselves to meet ESG compliance and commitments. BDO has long been an advocate of sustainability. We have not only incorporated ESG practices into our own operations, but also assist companies on ESG reporting and risk management. Moreover, with our commitment to promoting the importance of ESG, we established the Awards with the objectives of spurring more enterprises to implement best ESG practices and make every effort in creating a greener world.”

Mr Johnson Kong, Managing Director, BDO, said, “Through the peer benchmarking of ESG reporting and performance among Hong Kong listed companies, and the encouragement of ESG awards like ours, we hope that listed companies will be motivated to keep improving their ESG performance. Looking ahead, BDO will continue to support Hong Kong listed companies in improving all aspects of ESG so as to create long-term value and maintain Hong Kong as a leading international financial centre and green finance hub.”

This year’s awards have received significant recognition from listed companies in Hong Kong, as demonstrated by the impressive number of nominations received. As the winners hail from diverse industries and vary in market capitalisation, this highlights the wide-ranging excellence of the competing field. Noteworthy recipients include Sino Land Company Limited (00083.HK), Kerry Properties Limited (00683.HK), and China State Construction Development Holdings Limited (00830.HK), that were honoured with the coveted ESG Report of the Year Awards, deemed the most outstanding accolade in ESG performance and reporting. Additionally, CLP Holdings Limited (00002.HK) received the esteemed Theme Award for its exceptional commitment to ESG principles, particularly in the realm of carbon neutrality. Overall, the awards celebrated the commitment and outstanding contributions of listed companies to sustainable practices.

This year’s award presentation ceremony also featured a symposium on ‘Shaping business strategies for carbon neutrality’. Climate change poses economic challenges alongside environmental concerns, and investors now require businesses’ comprehensive transition plans and clear roadmaps for achieving carbon neutrality. In response, The Stock Exchange of Hong Kong Limited has proposed stringent climate-related reporting requirements, emphasising rigorous disclosures and aligning with international standards. Businesses therefore face the dual challenge of mitigating environmental impacts while remaining profitable. The symposium explored the approaches and considerations to take when devising strategies for tackling such challenges.

Panellists including Ricky Cheng, Director and Head of Risk Advisory at BDO; Professor Christine Loh, SBS, JP, OBE, Chevalier de l’Ordre National du Mérite, Chief Development Strategist at The Hong Kong University of Science and Technology; and Ben McQuhae, Founder of Ben McQuhae & Co and Honorary Advisor at Hong Kong Green Finance Association, together with the moderator Eric Ng, News Editor at the Climate Desk of the South China Morning Post, discussed how businesses can meet the expectations of investors and stakeholders, integrate data into science-based targets, accelerate the transition to a low-carbon economy, and leverage ESG as a transformative force. They also covered strategies that enable businesses to align with investor demands, effectively manage risks, and capitalise on opportunities in the context of carbon neutrality and sustainable practices.

BDO ESG Awards 2023 Winners (listed in alphabetical order)

Best in ESG – Large Market Capitalisation

CLP Holdings Limited (00002.HK)

Lenovo Group Limited (00992.HK)

Sino Land Company Limited (00083.HK)

 

Best in ESG – Mid Market Capitalisation

Kerry Properties Limited (00683.HK)

PCCW Limited (00008.HK)

VTech Holdings Limited (00303.HK)

 

Best in ESG – Small Market Capitalisation

Canvest Environmental Protection Group Company Limited (01381.HK)

China Everbright Greentech Limited (01257.HK)

Fosun Tourism Group (01992.HK)

 

Best in Reporting – Large Market Capitalisation

HKT Trust and HKT Limited (06823.HK)

Lenovo Group Limited (00992.HK)

Sino Land Company Limited (00083.HK)

 

Best in Reporting – Mid Market Capitalisation

Kerry Properties Limited (00683.HK)

PCCW Limited (00008.HK)

VTech Holdings Limited (00303.HK)

 

Best in Reporting – Small Market Capitalisation

China State Construction Development Holdings Limited (00830.HK)

Q P Group Holdings Limited (01412.HK)

Tam Jai International Co. Limited (02217.HK)

 

ESG Report of the Year – Large Market Capitalisation

Sino Land Company Limited (00083.HK)

 

ESG Report of the Year – Mid Market Capitalisation

Kerry Properties Limited (00683.HK)

 

ESG Report of the Year  – Small Market Capitalisation

China State Construction Development Holdings Limited (00830.HK)

 

Outstanding ESG Performance of H-share Companies

BBMG Corporation (02009.HK)

Ping An Insurance (Group) Company of China, Ltd. (02318.HK)

Zijin Mining Group Company Limited (02899.HK)

 

Theme Award

CLP Holdings Limited (00002.HK)

 

Photo 1: Representatives of BDO and panel of judges attend the BDO ESG Awards 2023 Presentation Ceremony.
Photo 2: Symposium panellists (from left to right) moderator Mr Eric Ng, News Editor at the Climate Desk of the South China Morning Post; Mr Ricky Cheng, Director and Head of Risk Advisory at BDO; Mr Ben McQuhae, Founder of Ben McQuhae & Co and Honorary Advisor at Hong Kong Green Finance Association; and Professor Christine Loh, SBS, JP, OBE, Chevalier de l’Ordre National du Merite, Chief Development Strategist at The Hong Kong University of Science and Technology.
Photo 3: A group photo comprising representatives of award winners, BDO, SCMP, HKET and judging panel and supporting organisations at the BDO ESG Awards Presentation Ceremony.

 

About BDO

BDO’s global organisation extends across 164 countries and territories, with more than 110,300 professionals working out of 1,803 offices – and they’re towards one goal: to provide our clients with exceptional service. BDO was established in Hong Kong in 1981 and is committed to facilitating the growth of businesses by advising the people behind them. BDO in Hong Kong provides an extensive range of professional services including assurance services, business services and outsourcing, risk advisory services, specialist advisory services and tax services. For more details, visit www.bdo.com.hk.

Contacts

BDO Hong Kong

Sala Lo

Senior Marketing Manager & Team Lead, BDO

Tel +852 2218 3042

Mobile +852 9613 5175

salalo@bdo.com.hk

Dora Shing

Marketing Manager, BDO

Tel +852 2218 3110

Mobile +852 9016 8063

dorashing@bdo.com.hk

Strategic Financial Relations Limited

Vicky Lee

Tel +852 2864 4834

vicky.lee@sprg.com.hk

Katrina Hui

Tel +852 2114 4318

katrina.hui@sprg.com.hk

 



Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Indonesia Investment Forum 2023: Sustainable projects attract English Investors

LONDON, Oct 13, 2023 – (ACN Newswire) – The Indonesia Investment Promotion Center (IIPC) London, in collaboration with the Embassy of the Republic of Indonesia (KBRI) and the local representation of Bank Indonesia, once again hosted the Indonesia Investment Forum (IIF) 2023 in London, UK, on October 5, 2023. 

Thirteen sustainable investment projects in sectors such as energy, industry, electric vehicles, tourism, infrastructure, transportation, mining, and digitization were presented during the business matching session at IIF 2023. These projects managed to pique the interest of approximately 20 investors from London and the surrounding regions. 

Participating virtually, Minister of Investment/Head of Indonesia Investment Coordinating Board (BKPM) Bahlil Lahadalia recognized the global economic uncertainty and slowdown, emphasizing Indonesia has maintained positive economic growth of 5.31% in the second quarter of 2023, with inflation remaining below 4%. This achievement is attributable to the significant contribution of investments, making Indonesia the second-largest investment destination in Southeast Asia. 

“I invite our friends from the U.K. to be part of this development process. You have the technology, markets, and financial capabilities, while Indonesia possesses abundant natural resources, extensive territory, and market penetration potential worldwide. Come to Indonesia, bring your technology, and we will handle the licensing,” said Bahlil in his address. 

Nurul Ichwan, Deputy for Investment Promotion at the Ministry of Investment/BKPM, participated as a panelist in a discussion titled ‘Powering Up: Advancing Sustainable Infrastructure, Financial Sustainability, and Investment in Indonesia.’ She discussed the progress and efforts of the Ministry of Investment/BKPM in advancing investment projects, especially in renewable energy, sustainable investment, and the development of the electric vehicle ecosystem in Indonesia.

“The IIPC London office serves as the main contact point for our British and European investor friends interested in our sustainable projects,” Nurul emphasized. 

Several ready-to-offer sustainable investment projects presented by the Ministry of Investment/BKPM include the Electric Motor Industry for Electric Vehicles in Bekasi, West Java; Integrated Charging Station Facility in South Jakarta, DKI Jakarta; Solar Power Plants (PLTS) in Penajam Paser Utara, East Kalimantan, and Lebak, Banten; as well as the Bioethanol Industry in Bojonegoro, East Java, with a total estimated investment value of USD 276 million.

Additionally, the project for the development of the Super Priority Tourism Destination (DPSP) Toba Caldera Resort by the Lake Toba Authority Implementation Agency (BPODT) was offered with an estimated investment value of USD 1.7 billion. Indonesian Ambassador Desra Percaya, Bank Indonesia Governor Perry Warjiyo, and Minister of State for the Investment Security Unit Nusrat Ghani were also present and delivered speeches at the opening of IIF 2023, with the theme “Fostering Sustainable Growth Through Green Investment and Digital Transformation.” 

Prominent speakers from both Indonesia and the UK discussed potential economic cooperation between the two countries, including Richard Graham, the UK Trade Envoy to Indonesia, Malaysia, the Philippines, and ASEAN; Lord Vaizey of Didcot, Chairman of the UK ASEAN Business Council; and Rino Donosepoetro, Chairman of the British Chamber of Commerce Indonesia. IIF 2023 was conducted in a hybrid format at the KBRI London office and was attended by more than 200 participants, including business leaders as well as senior banking and investment representatives.

According to data from the Ministry of Investment/BKPM, the UK has been the second-largest European investor in Indonesia in the last five years after the Netherlands, for food crops, plantations, and livestock (24%); mining (20%); food industry (9%); chemical and pharmaceutical industry (8%); and hotels and restaurants (7%), with a total investment realization of more than USD 1.75 billion.

Further information is available via https://iif2023.indonesianembassy.org.uk/

Source: Ministry of Investment/BKPM



Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Drill Hole Assays in the Newly Discovered Buck Zone Connects the West Lisle Zone to Main Lisle deposit

Vancouver, British Columbia–(ACN Newswire – October 10, 2023) – Doubleview Gold Corp. (TSXV: DBG) (OTCQB: DBLVF) (GER: A1W038) (the “Company or “Doubleview”) is pleased to announce assay results from Hat Project drill holes H049, H052, and H053 (Drill holes H050 & H051 were previously reported 06/010/23). Of special significance is drill hole H052 that intersected more than 500 meters with strong Copper and Gold Mineralization within which a 211.2 meter interval included 0.35 g/t Gold, 0.37% Copper with a total 1.33% Copper Equivalent**. Also particularly notable is an apparent increase in strength of all metals with increased depth. Cobalt assay results for drill hole H053 are among the highest ever reported for the Lisle Zone. Drill holes H052 and H053 are in the Buck zone connecting the western Lisle zone with the strong mineralization of the southern Lisle zone.

The reported drill holes cover a 150m x 260m area if projected to surface. The drill hole locations were carefully selected to gradually increase the Lisle deposit volume for the upcoming resource estimation, anticipated to be released Q1 of 2024. Table 1 shows assay intervals in detail and Table 2 provides information concerning drill hole locations. Figures 1 and 2 illustrate the locations and distribution of mineralization. Drill holes H052 and H053 provide a link from the west part of Lisle Zone to its southern extension.

Farshad Shirvani, Doubleview’s president and CEO, comments that “The 2023 drill campaign has exceeded all expectations. These first pair of drill holes connect the newly discovered Buck zone with the Lisle zone, which until now had previously been viewed as two separate areas. It’s anticipated that this will add significantly to the size and value of the Hat deposit. Besides the consistently high values of scandium and the continuous numbers for copper, the results for cobalt in drill hole H049 are, as with the case in H053, some of the highest grading cobalt assays ever encountered at the Hat deposit. This underlines the project’s outstanding importance to potentially be supportive for Canada’s ambitious plan to tackle climate change and have an independent supply of critical metals.”

Mr. Shirvani continued “While work is continuing to prepare the resource estimation data package, we are steadily advancing our drill hole coverage southward to the nearly unexplored Hoey zone, where earlier surface work including hand trenching, showed strong copper, cobalt and gold mineralization.”

Currently the 2023 drilling campaign continues to advance the Hat project, and the total drilled length of this season exceeds 8,000 meters.

TABLE 1. Assay results

DDH From (m) To
(m)
Length (m) Ag
(g/t)
Au
(g/t)
Co
(g/t)
Cu
(%)
Sc
(g/t)
CuEq (%)* incl Sc2O3
H049 42.8 376.7 333.9 0.12 0.03 71.0 0.05 32.4 0.87
inc. 42.8 50.0 7.2 1.04 0.02 774.0 0.16 16.2 0.91
inc. 161.5 188.6 27.1 0.32 0.04 83.3 0.06 31.3 0.86
inc. 230.6 256.0 25.4 0.31 0.10 100.2 0.18 25.0 0.86
and 373.8 379.3 5.5 0.25 0.22 120.8 0.21 26.0 0.99
H052 24.4 531.0 506.6 0.29 0.18 116.4 0.20 31.7 1.09
inc. 33.7 160.2 126.5 0.17 0.05 86.7 0.05 32.7 0.90
inc. 183.0 523.8 340.8 0.36 0.24 132.4 0.27 31.6 1.20
inc. 201.0 523.8 322.8 0.37 0.25 136.7 0.28 31.9 1.22
and 252.0 463.2 211.2 0.45 0.35 165.3 0.37 30.4 1.33
inc. 252.0 526.3 274.3 0.38 0.30 146.3 0.32 31.9 1.28
inc. 351.0 463.2 112.2 0.33 0.54 177.4 0.46 31.5 1.55
H053 33.0 408.0 375.0 0.16 0.09 94.5 0.08 32.4 0.94
inc. 33.0 204.6 171.6 0.25 0.06 154.9 0.11 31.1 0.95
inc. 33.0 150.0 117.0 0.09 0.03 59.8 0.04 32.2 0.85
inc. 156.0 204.6 48.6 0.68 0.15 399.4 0.29 28.7 1.21
inc. 188.0 204.6 16.6 1.18 0.25 743.5 0.54 28.3 1.64
and 160.0 363.0 203.0 0.21 0.12 130.5 0.11 32.5 1.01
Notes:
– Metal equivalents should not be relied upon for future evaluations.
– Drill hole intercepts included in this news release are core lengths that may or may not be true widths of mineralization. It is not possible to determine true widths.
**Copper Equivalent (CuEq%) is estimated using the following metal values and equations:
– *CuEq(%) =(Ag(g/t) x Price_Ag x Rec_Ag/31.1035 + Au(g/t) x Price_Au x Rec_Au/31.1035 + Co(%) x Price_Co x Rec_Co x 22.0462 + Cu(%)x Price_Cu x Rec_Cu x 22.0462 + Sc(g/t) x Price_Sc x Rec_Sc x Sc_con) / (Price_Cu x 22.0462)
– Price_Ag = $22.20/troy oz, Price_Au=$1,812.14/ troy oz, Price_Co = $23.30/lb, Price_Cu = $3.84/lb, Price_Sc = $1.5/g
– Rec_Ag = 68% , Rec_Au = 89% , Rec_Co = 78%, Rec_Cu = 84% , Rec_Sc = 88%

 

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Figure 1. Section along the drill holes

To view an enhanced version of this graphic, please visit:
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TABLE 2. Drill Hole Data

Drill Hole ID UTM – East UTM – North Elevation Max-Depth Azimuth Dip Area
H049 347,471 6,454,073 964 512 0 -87 Lisle West
H052 347,471 6,454,073 964 540 135 -60 Lisle West
H053 347,471 6,454,073 964 442.4 105 -70 Lisle West

 

 

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Figure 2. Drill Plan

To view an enhanced version of this graphic, please visit:
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Quality Assurance and Quality Control:

Core samples were prepared at the North Vancouver facility of ALS Canada Ltd. using their PREP-31, PGM-ICP24, ME-MS61, and ME-ICP06 packages. Each core sample is dried, then crushed to 70% passing a 2mm screen. All material is processed in an automatic Riffle splitter to yield a 250g homogenized, representative sample. This sub-sample is then pulverized to 85% passing a 75-micron screen. All samples are analyzed for Au, Pt, Pd by 50g fire-assay fusion/ICP-ES finish, using PGM-ICP24 package. A separate 0.25g pulp split is analyzed by Four Acid digestion/ICP-MS finish, reporting 48 elements. Over limit elements are analyzed by Ore Grade Four Acid digestion/ICP-ES finish using ME-OG62 assay package. All of Doubleview’s core samples are analyzed or assayed at independent ISO 17025 and ISO 9001- certified laboratories.

Doubleview maintains a website at www.doubleview.ca.

Qualified Persons:

Erik Ostensoe, P. Geo., a consulting geologist, and Doubleview’s Qualified Person with respect to the Hat Project as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects, has reviewed, and approved the technical contents of this news release. He is not independent of Doubleview as he is a shareholder in the company.

Cautionary Note: Although a mineral resource estimation is currently being prepared by an independent engineering firm, no mineral resources have been estimated at the Hat Property and there is no assurance that further work will result in the Lisle Zone, or other zones if present, being classified as mineral resources.

About Doubleview Gold Corp

Doubleview Gold Corp., a mineral resource exploration and development company, is based in Vancouver, British Columbia, Canada, and is publicly traded on the TSX-Venture Exchange (TSXV: DBG) (OTCQB: DBLVF) (GER: A1W038) (FSE: 1D4). Doubleview identifies, acquires and finances precious and base metal exploration projects in North America, particularly in British Columbia. Doubleview increases shareholder value through acquisition and exploration of quality gold, copper and silver properties and the application of advanced state-of-the-art exploration methods. The Company’s portfolio of strategic properties provides diversification and mitigates investment risks.

On behalf of the Board of Directors,

Farshad Shirvani, President & Chief Executive Officer

For further information please contact:

Doubleview Gold Corp
Vancouver, BC Farshad Shirvani
President & CEO

T: (604) 678-9587
E: corporate@doubleview.ca

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.

Certain of the statements made and information contained herein may constitute “forward-looking information.” In particular references to the private placement and future work programs or expectations on the quality or results of such work programs are subject to risks associated with operations on the property, exploration activity generally, equipment limitations and availability, as well as other risks that we may not be currently aware of. Accordingly, readers are advised not to place undue reliance on forward-looking information. Except as required under applicable securities legislation, the Company undertakes no obligation to publicly update or revise forward-looking information, whether as a result of new information, future events or otherwise.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/183475



Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

ACROMETA’s Life Science Incubator (LSI) Signs Agreement with Ho Bee Land subsidiary to operate Co-Working Laboratory

SINGAPORE, Oct 6, 2023 – (ACN Newswire) – ACROMETA Group Limited (“ACROMETA”, or the “Company” and together with its subsidiaries, the “Group”), an established specialist engineering service provider in the field of controlled environments serving mainly the healthcare, biotechnology, pharmaceutical, research and academia sectors, today announced that its 70% owned subsidiary company Life Science Incubator Pte Ltd (“Life Science Incubator” or “LSI”) has entered into a Management Agreement (the “MA”) with HB Universal Pte Ltd, a subsidiary of Mainboard-listed Ho Bee Land Limited.

The MA engages LSI to operate and manage a co-working laboratory centre at Elementum, One-North, a building in the heart of Singapore’s biomedical industry district. The MA is for an initial period of six (6) years with an option to renew the MA for a further six (6) years by mutual agreement.

The MA engages LSI to operate, manage, promote and market the co-working laboratory centre; and to provide management and consultancy services for the business. The proposed project will triple the size of LSI’s co-working laboratory space operations in Singapore. With the expanded space, the operations at Elementum will be able to attract companies that require larger Research and Development (“R&D”) space, as well as enable existing LSI customers who want to expand their R&D activities to do so.

The MA follows on the heels of LSI’s recent expansion of its co-working lab space business. On 6 April 2023, Acrometa announced to SGXNet that Life Science Incubator signed an MOU with a renowned German commercial property group to be the anchor tenant for its planned Brisbane co-working laboratory space project. On 21 March 2023, AcroMeta announced that it had signed an MOU with a Thailand industrial waste disposal company for the construction and operation of a laboratory for the testing and certification of solid waste and sludge. The construction of the laboratory would be done by Acrometa’s wholly-owned subsidiary Acromec Engineers, and LSI would operate the laboratory; with an option for joint ownership.

Mr Levin Lee Keng Weng, ACROMETA’s Executive Chairman, commented: “Biomedical sciences is an integral part of Singapore’s future economy with its focus on high value-add industries. Co-working laboratory spaces allows SMEs and startups to kickstart their R&D without incurring initial high CAPEX. There is a rising number of SMEs and startups needing co-working laboratory spaces with specialized infrastructure to conduct their R&D to bring their innovative products to the market. That is where LSI comes in.”

Mr Lee added, “Having a working partnership with Ho Bee Land, a well-known and established property developer, would solidify the LSI brand of co-working laboratory spaces. This will position us for international expansion of the LSI brand that we are planning, as there is demand for co-working laboratory space in major cities and industrial hubs globally.”

Reference:

https://links.sgx.com/1.0.0/corporate-announcements/SC90A0YKN02PFDZS/28c5ad55d8d648b608d9fb066a8c4a834c84667232efed4f6ad1c5fc5f46e3c2

About ACROMETA Group Limited (SGX Stock Code:43F)

ACROMETA (Previously known as ACROMEC Limited) is an established specialist engineering services provider with more than 25 years of experience in the field of controlled environments.

The Group has, over the years, acquired expertise in the design and construction of facilities requiring controlled environments such as laboratories, medical and sterile facilities and cleanrooms.

ACROMETA’s business is divided into three main business segments: (i) Engineering, procurement, and construction services, specialising in architectural, and mechanical, electrical, and process works within controlled environments; (ii) Maintenance and repair services of facilities and equipment of controlled environments and their supporting infrastructure. (iii) Co-Working Laboratory business; currently operates 6,500 square feet of co-working laboratory space at The German Centre in Singapore, serving SMEs and startups.

The Group mainly serves the healthcare, biotechnology, pharmaceutical, research and academia, and electronics sectors. ACROMETA’s customers include hospitals and medical centres, government agencies, research and development companies or agencies, research and development units of multinational corporations, tertiary educational institutions, pharmaceutical companies, semiconductor manufacturing companies, and multinational engineering companies.

The Company has been listed on the Catalist board of the Singapore Exchange since 2016. For more information, please visit www.acrometa.com.

Media and Analysts Contact:
ACROMETA Group Limited
Ms. Cheah Lai Min
Chief Financial Officer
Tel: +65 6415 0574
Email: laimin.cheah@acrometa.com

Waterbrooks Consultants Pte Ltd
Mr. Wayne Koo
Tel: +65 6958 8008 / +65 9338 8166
Email: wayne.koo@waterbrooks.com.sg
Email: query@waterbrooks.com.sg

This media release has been reviewed by the Company’s Sponsor, Evolve Capital Advisory Private Limited (the “Sponsor”). It has not been examined or approved by the Singapore Exchange Securities Trading Limited (the “Exchange”), and the Exchange assumes no responsibility for the contents of this document, including the correctness of any of the statements or opinions made or reports contained in this document.

The contact person for the Sponsor is Mr. Jerry Chua, 138 Robinson Road, #13-02 Oxley Tower, Singapore 068906, jerrychua@evolvecapitalasia.com.



Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Directors’ Symposium 2023: Transform for a Better Tomorrow

Hong Kong, Oct 6, 2023 – (ACN Newswire) – During the Directors’ Symposium 2023 of The Hong Kong Institute of Directors (“HKIoD”) recently held at the Hong Kong Convention and Exhibition Centre, speakers from diverse industries expressed their vision and strategies to “Transform for a Better Tomorrow” to over 200 directors and corporate leaders in attendance. 

Guest of Honour at the Symposium was the Financial Secretary, The Hon Chan Mo-po Paul GBM GBS MH JP. Speaking on the theme of the Symposium, he said: “Hong Kong’s medium to long-term future will be vested in how well we will transform ourselves for the better. … That requires us to look into and reinforce our own strengths, while proactively finding new points of growth to drive our economic momentum.”  In updating the participants on government initiatives and policy plan, he summarised by saying, “We envision Hong Kong to be an international green technology and green finance centre.”

The Symposium featured in total nine speakers and six hosts in five talks and two panel discussions covering transformation in the digital era, an overview of the economic outlook, the global director perspectives, regulatory review and transformation for sustainability.

Speaking from the HKIoD perspective, Dr Christopher To, Chairman of HKIoD, noted, “In the midst of a waning COVID-19 pandemic, companies and boards of directors continue to face persistent challenges and long-term macro issues.”  He cited that in the latest World Competitiveness study by the Institute of Management Development, Hong Kong’s global competitiveness has experienced a decline, with a slip to 7th place from its previous rank of 2nd. Similarly, digital competitiveness and talent ranking have both dwindled.  On the other hand, Dr To noted that there are positive indications, such as Hong Kong’s improved standing in the Smart City Index at 19th place and its remarkable 3rd rank in the Sustainable Trade Index. 

“To navigate these challenges and capitalize on emerging prospects,” Dr To opined, “hard work, agility, and adaptability are crucial. Notably, successful business transformations have yielded growth and financial turnarounds, as underscored in Innosight’s study of the ‘Top 20 Business Transformations of the Last Decade’ featured in the Harvard Business Review. The board of directors assumes a pivotal role in steering the company toward a brighter tomorrow.  Preparation and a willingness to embrace transformation are essential for businesses to not only survive but thrive amidst adversity and seize new opportunities.”

In her speech, Dr Carlye Tsui, CEO of HKIoD commented: “For corporate transformation towards sustainability, the board itself needs to undergo a transformation first.”  She cited the 2022-2023 Global Network of Director Institutes (“GNDI”) survey that sheds light on global directors’ perspectives for future development.  Findings from this survey highlight that boards focusing on the next two years have identified critical areas for corporate success, including long-term strategy, business continuity and resilience, human capital, ESG matters, and digital transformation. “Furthermore, there are three major improvement areas that warrant attention: board and management dynamics, board performance, and board operation,” noted Dr Tsui.

“To ensure readiness for the next 3 to 5 years, the boards should bridge expertise gaps in areas such as cyber risk, digital innovation, global economics, geopolitical issues, and ESG. These are areas that should no longer be left to specialists and that should be addressed on the board agenda,” remarked Dr Tsui.  The GNDI study highlighted that it is crucial to emphasize the need for board norms to evolve, including the utilization of directors with specific skills and an enhanced board evaluation process. Additionally, effective strategic dialogue between the board and management, improved analysis and decision-making through data analytics, and the incorporation of forward-looking KPIs are paramount. “Looking ahead to 2030 and beyond, the survey inspires us on the top actions for boards to prepare,” Dr Tsui supplemented. “These actions include expanding to encompass technology and sustainability, delivering on the interests of multiple stakeholders, adopting a purpose-driven and impact-oriented approach, promoting diversity, and dedicating equal time to both financial and non-financial goals.”

During the Symposium, a poll was conducted among participants on questions relevant to the theme.  Significant findings from the participants included:

— 35% believe that Hong Kong’s economy next year will remain the same as this year, while 28% believe that it will be 30% better next year.

— 30% have started digital transformation and 25% are actively engaged in it.

— 49% are in good progress and 9% have achieved good results of business transformation.

— 35% boards are geared for the next 3-5 years and 33% are addressing priorities for the next 2 years.

— Regarding the most lacking board quality, 29% are in diversity while 27% are in continuing professional education.

— 78% feel able to raise challenges or ask questions when something is not right.

— On the ESG journey for a sustainable future, 42% have good strategy in place, while 13% have good achievements.

The 2022-2023 Global Director Survey focuses on “The Future of Board Governance”.  The survey report is downloadable. 

About The Hong Kong Institute of Directors

The Hong Kong Institute of Directors is Hong Kong’s premier body representing directors to foster the long-term success of companies through advocacy and standards-setting in corporate governance and professional development for directors. A non-profit-distributing organisation with membership consisting of directors from listed and non-listed companies, HKIoD is committed to providing directors with educational programmes and information service and establishing an influential voice in representing directors. With international perspectives and a multi-cultural environment, HKIoD conducts business in biliteracy and trilingualism. http://www.hkiod.com

HKIoD is a member institute of the Global Network of Director Institutes (“GNDI”), which provides a global voice and sharpens leading practices for boardroom leaders on governance matters that cut across national boundaries.  Established in 2012, GNDI now comprises 24 institutes representing more than 150,000 directors.  http://www.gndi.org

HKIoD is Host of the Hong Kong Chapter of Climate Governance Initiative (“CGI”), a global network set up in 2019 to mobilise and equip directors in taking climate action to future proof their businesses. CGI works in collaboration with the World Economic Forum.

Media Enquiries:

Strategic Public Relations Group Limited

Brenda Chan                    

+852 2114 4396                 

brenda.chan@sprg.com.hk



Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Indonesia Investment Forum 2023 Offers UK Investment Opportunities in the Green Sector and in Indonesia’s Digital Transformation

LONDON, Oct 2, 2023 – (ACN Newswire) – Aiming at fostering investment in the green sector, digital transformation, and sustainable trade and supply chains, the Embassy of the Republic of Indonesia in London, in collaboration with Representative Office of Bank Indonesia in London and the Indonesia Investment Promotion Center (IIPC) London, will host the Indonesia Investment Forum (IIF) 2023 in London on 5 October 2023.

IIF 2023 is an annual event that aims to showcase and promote Indonesia’s investment landscape and Investment Projects Ready to Offer (IPRO). This forum will be enriched with business matching sessions featuring selected IPRO projects from 11 sectors, including renewable energy, electric vehicles, digital, infrastructure, transportation and tourism.

IIF 2023 marks the beginning of a series of “Experience Indonesia” events, encompassing cultural arts performances and exhibitions of SME products during “Indonesian Night” on the evening of October 5, coupled with Experience Indonesia Dublin, which would be the first Indonesian cultural arts performance in Ireland in the last 5 years. During the Experience Indonesia 2022, we had the pleasure of hosting 4,000 visitors over the course of 3 days, leading to the establishment of cooperation agreements valued at over USD 75 million.

The Ambassador of the Republic of Indonesia, Desra Percaya, hopes that IIF 2023 can forge closer investment cooperation between the two countries, “especially considering the value of Indonesian-UK investment continues to steadily rise, in line with Indonesia’s prominent standing on the global economic front,” he mentioned. In 2022, UK investment in Indonesia reached a substantial USD 822 million, securing its position as the 10th largest investor in the country.

Approximately 20 speakers have been confirmed to be present at this forum, including distinguished figures from both countries. This forum boasts an impressive lineup of keynote speakers such as Nusrat Ghani MP, UK Minister of State (Minister for Investment Security Unit and Minister for Business and Economic Security), together with the Governor of Bank Indonesia, Perry Warjiyo and the Minister of Investment/Head of BKPM, Bahlil Lahadalia. Meanwhile, Richard Graham MP, UK PM’s Trade Envoy for Indonesia, Malaysia, the Philippines and ASEAN, will provide insights into the promising potential of the economic partnership between Indonesia and the UK. Furthermore, our panel discussions will feature prominent leaders from the banking and business sectors in Indonesia, the UK, and Europe.

This event is also supported by Bank Mandiri, BNI, UK-ASEAN Business Council, British Chamber of Commerce Indonesia, ASEAN Business Partners, TheCityUK, Citigroup, Standard Chartered, KPMG and bp.

Further information is available via the website: https://iif2023.indonesianembassy.org.uk/

Source: Indonesian Embassy in London



Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Palladium One Announces Multiple Drill Ready Targets on the Tyko II Nickel – Copper Project, Ontario, Canada

HIGHLIGHTS

  • Seven (7) multi-line, Electromagnetic (“EM”) anomalies have been identified by a Versatile Time Domain Electromagnetic airborne (“VTEMmax”) survey conducted on the Tyko II Property.
    • A 900-meter long EM anomaly that was not observed by a historic airborne survey due to a power line appears to be the northern extension of the Moshkinabi-Kejimalda Zone (1.17% Cu, 0.73% Ni, 2.4 g/t Pd, 0.2 g/t Pt).
    • A 700-meter long EM anomaly located to the east of the historical Gionet Zone (2.46% Cu, 0.22% Ni).
  • Additionally, several single-line EM anomalies were also identified.
  • The historic copper – nickel – PGE showings noted above are associated with the Faries-Moshkinabi Mafic-Ultramafic complex and share geological similarities to the Tyko I Property.
  • Existing drill permits allow near term drill testing of new EM anomalies.

Toronto, Ontario–(ACN Newswire – September 28, 2023) – Palladium One Mining Inc. (TSXV: PDM) (OTCQB: NKORF) (FSE: 7N11) (the “Company” or “Palladium One“) is pleased to announce preliminary results from a VTEMmax survey on the Tyko II Property, part of the Tyko Nickel – Copper District (Figure 1).

“The addition of seven (7) new VTEM anomalies to our existing inventory of drill ready targets speaks to the large scale opportunity the Tyko District represents for shareholders. Soil sampling to ground truth the seven (7) VTEM anomalies is well advanced and drill permits are in hand to test five (5) of the seven (7) anomalies. The Tyko II project has many geological similarities to Tyko I and we look forward to receipt of additional results from the property.

“The recently completed VTEMmax survey is the most sensitive EM survey ever flown over the Tyko II property (Figure 2). The survey easily detected the historical Moshinkabi and Faries Lake Zones, but also detected new anomalies near the Kejimalda and Gionet Zones that had not been detected by previous airborne EM surveys. This speaks to the sensitivity of the VTEMmax system and its potential to identify targets that were overlooked by less sensitive historical EM surveys.

“The 2023 ground truthing is wrapping up and the Company is on track to begin drill testing in mid-October,” commented Derrick Weyrauch, President and CEO.

Targets: Magmatic Cu-Ni-PGE and VMS Cu-Zn-Pb

The Faries-Moshkinabi Mafic-Ultramafic Complex is associated with several Cu-Ni-PGE showings, making it a compelling target with similarities to the Company’s Tyko I property. The Complex hosts the historical Moshkinabi-Kejimalda Zone with up to 1.17% Cu, 0.73% Ni, 2.4 g/t Pd, 0.2 g/t Pt in grab samples (Ministry of Energy, Northern Development and Mines (“MENDM”) Mineral Deposit Index (“MDI”) 000000002357). The Moshkinabi-Kejimalda Zone lies along the interpreted basal sequence of the Complex and has limited shallow historical drilling for which the vast majority of holes have no reported assays. Significantly, the recent VTEMmax survey has identified an untested potential northern extension of the zone which was obscured from historical airborne surveys by a powerline crossing the northern part of the property (Figure 2).

The Gionet Zone with grab sample assays up to 2.46% Cu, 0.22% Ni (ENDM MDI 42F04SE00012) consists primarily of a series of mineralized, highly deformed and altered gabbro boulders with pyrite, chalcopyrite and pentlandite. The Gionet Zone has never been drill tested, and notably the associated VTEMmax anomaly is actually located immediately to the east of original showing suggesting that the best part of the Zone has yet to tested (Figure 2).

The world class Geco (“Volcanogenic Massive Sulphide”) VMS deposit is located approximately 15 km northwest of the Tyko II Property (Figure 1). From 1957 to 1995, the Geco Mine produced over 49.3 Mt of ore grading 1.85% Cu, 3.78% Zn, and 56.2 g/t Ag (Puumala et al., 2020); in addition, the satellite Willroy, Willecho, and Nama Creek Mines entered production of copper-zinc-lead-silver ore at various times during this period. The Tyko II property contains altered volcanics rocks with similarities to those which host the Geco Mine and thus is also prospective for VMS hosted copper – zinc – lead mineralization.

Cannot view this image? Visit: https://images.newsfilecorp.com/files/6502/182150_1c90e022044829bd_001.jpg

Figure 1. Regional location map of the Company’s Tyko Project and other nearby mineral properties.

To view an enhanced version of Figure 1, please visit:
https://images.newsfilecorp.com/files/6502/182150_1c90e022044829bd_001full.jpg

Cannot view this image? Visit: https://images.newsfilecorp.com/files/6502/182150_1c90e022044829bd_002.jpg

Figure 2. Tyko II VTEMmax survey (VTEMmax dB/dt Z Component Calculated Time Constant (TauSF)) showing multi-line anomalies, with untested anomalies highlighted.

To view an enhanced version of Figure 2, please visit:
https://images.newsfilecorp.com/files/6502/182150_1c90e022044829bd_002full.jpg

Qualified Person

The technical information in this release has been reviewed and verified by Neil Pettigrew, M.Sc., P. Geo., Vice President of Exploration and a director of the Company and the Qualified Person as defined by National Instrument 43-101.

About Palladium One

With a focus on climate change risks and opportunities, Palladium One Mining Inc.’s (TSXV: PDM) strategy is to discover and ultimately produce critical Green Transportation Metals, including but not limited to sulphide nickel, copper, palladium, platinum and cobalt. A Canadian mineral exploration and development company, Palladium One is advancing district scale deposits in Canada and Finland. The Läntinen Koillismaa (LK) Project in north-central Finland, is a PGE-copper-nickel project that has existing NI43-101 Mineral Resources, while both the Tyko and Canalask high-grade nickel-copper projects are located in Ontario and the Yukon, Canada respectively. Follow Palladium One on LinkedIn and Twitter.

ON BEHALF OF THE BOARD
“Derrick Weyrauch”
President & CEO, Director

For further information contact:
Derrick Weyrauch, President & CEO
Email: info@palladiumoneinc.com

Neither the TSX Venture Exchange nor its Market Regulator (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 is not an offer or a solicitation of an offer of securities for sale in the United States of America. The common shares of Palladium One Mining Inc. have not been and will not be registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from registration.

Information set forth in this press release may contain forward-looking statements. Forward-looking statements are statements that relate to future, not past events. In this context, forward-looking statements often address a company’s expected future business and financial performance, and often contain words such as “anticipate”, “believe”, “plan”, “estimate”, “expect”, and “intend”, statements that an action or event “may”, “might”, “could”, “should”, or “will” be taken or occur, or other similar expressions. By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include, among others, risks associated with project development; the need for additional financing; operational risks associated with mining and mineral processing; fluctuations in palladium and other commodity prices; title matters; environmental liability claims and insurance; reliance on key personnel; the absence of dividends; competition; dilution; the volatility of our common share price and volume; and tax consequences to Canadian and U.S. Shareholders. Forward-looking statements are made based on management’s beliefs, estimates and opinions on the date that statements are made and the Company undertakes no obligation to update forward-looking statements if these beliefs, estimates and opinions or other circumstances should change. Investors are cautioned against attributing undue certainty to forward-looking statements.

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Artroniq Announces EV Bike Launch with United Motors in Malaysia in Q4 of 2023

KUALA LUMPUR, Sept 27, 2023 – (ACN Newswire) – Artroniq Berhad (“Artroniq”), a prominent figure in the ACE Market, proudly announces its upcoming official launch of an innovative range of electric motor products in collaboration with its wholly-owned subsidiary, Artronic Itech Sdn. Bhd in Kuala Lumpur in the fourth quarter of 2023.

Bapak Andrew Mulyadi, Director of PT. Terang Dunia Internusa (United Motors); Marcus Chin Choon Wei, Chief Financial Officer of Artroniq Berhad; H.E Dato’ Indera Hermono, Ambassador Extraordinary and Plenipontentiary of the Republic of Indonesia to Malaysia; Bapak Budihardjo Iduansjah, Chairman of ATEC (Asian Trade, Tourism and Economic Council) cum Chairman of HIPPINDO Indonesia Retail & Tenant Association; Yang Berhormat Senator Jaziri Alkaf Dr. Abdillah Suffian, Member of Pariliament

This significant advancement follows a strategic Distribution Agreement with Indonesia’s esteemed United Motors parent company, PT. Terang Dunia Internusa. The announcement ceremony took place at the Embassy of Indonesia in Malaysia, graced by notable dignitaries including Bapak Budihardjo Iduansjah, Chairman of ATEC (Asian Trade, Tourism and Economic Council) cum Chairman of HIPPINDO Indonesia Retail & Tenant Association; Yang Berhormat Senator Jaziri Alkaf Dr. Abdillah Suffian, Member of Parliament; Bapak Andrew Mulyadi, Director of PT. Terang Dunia Internusa; and hosted by Guest of Honour, His Excellency (H.E.) Dato’ Indera Hermono, Ambassador Extraordinary and Plenipotentiary of the Republic of Indonesia to Malaysia.

The imminent launch promises to be a momentous event in ASEAN’s landscape, strengthening Malaysia’s deep-rooted partnership with Indonesia. Both nations remain united in their mission to foster sustainable economic growth in the ASEAN community.

As the exclusive distributor for PT. Terang Dunia Internusa’s state-of-the-art electric motor products, Artronic Itech Sdn Bhd champions a shared vision of sustainability. This is evident in their collective commitment to the tenets of Environmental, Social, and Governance (ESG) principles.

Mr. Marcus Chin Choon Wei, CFO of Artroniq, stated, “Our partnership is not just about business; it’s about shared values, especially in sustainability. This aligns perfectly with our commitment to Environmental, Social, and Governance (ESG) principles, as both companies aim to reduce environmental impact and improve the quality of life for our stakeholders.”

“The upcoming event represents the culmination of our partnership, where we will unveil innovative electric motor solutions to meet the growing demand for sustainable transportation.”

At the launch, the public will have the opportunity to test drive both TX-series models such as the TX3000, which features a maximum speed of 90kmph and above. These electric bikes also serve as the official bikes of G20, having been tested and endorsed by world leaders during the 2022 G20 summit.

Artroniq Bhd: 0038 [BURSA: ARTRONIQ] [RIC: ARTR.KL] [BBG: ARTRONIQ:MK], https://www.artroniq.com/



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