TANAKA Succeeds in Developing World’s First High-Entropy Alloy Powder Composed Only of Precious Metals

TOKYO, Oct 25, 2023 – (ACN Newswire) – TANAKA Kikinzoku Kogyo K.K. (Head office: Chiyoda-ku, Tokyo; CEO: Koichiro Tanaka), which develops industrial precious metals products as one of the core companies of TANAKA Precious Metals, announced that it has succeeded in creating a high-entropy alloy powder composed of precious metals with a fine particle size of 10µm or less high crystallinity and excellent composition uniformity. This product is the world’s first high-entropy alloy powder composed of only five precious metals: platinum (Pt), palladium (Pd), iridium (Ir), ruthenium (Ru), and rhodium (Rh). TANAKA has already established a mass production process for this product and plans to begin providing samples in October.

TANAKA has established five or more precious metal alloy powders and their production methods, which are used in this product, and obtained a basic patent in June 2023 (Patent No. 7300565)[1]. The precious metal alloy powders in this product are alloys composed only of five or more precious metal elements that maintain the corrosion resistance, electrical conductivity, and other excellent properties of precious metals. They are micro-order[2] alloy powders that are easy to use in industrial applications. Unlike conventional nano-order precious metal high-entropy alloys, micro-order alloys are stable as alloys due to their large crystallite size, and they satisfy the original requirements of alloys, such as improved mechanical strength, corrosion resistance, and controlled thermal expansion. They are also expected to contribute to the improvement of the functions and properties of precious metal alloys, whose properties vary greatly depending on the composition ratio of the alloy.

High-entropy alloy powder
High-entropy alloy powder

The precious metal alloy in this product is in powder form, and in addition to modeling using a 3D printer and rod forming (forming rod-shaped material by solidifying powder), it can also be used in paste form, which is often used in various circuits and sensors. Furthermore, the high strength and high heat resistance properties of high-entropy alloys are expected to be utilized in catalysts and conductive films that require high durability, among other applications.

[1] Patent related to high-entropy alloy powder granted on June 29, 2023 (Patent No. 7300565). The precious metal alloy powder in this product is defined as (1) precious metal alloy powder consisting of an alloy of five or more precious metal elements, (2) average particle size of 10µm or less, (3) crystallite size of 60nm or more, and (4) one peak observed in the range of diffraction angle 2θ of 38 to 44° in the X-ray diffraction spectrum.

[2] Order: A term used in physics, engineering, and other fields to roughly express the magnitude of a number. It represents the number of digits or degrees of a unit.

Component and surface analysis of high-entropy alloy powder
Component and surface analysis of high-entropy alloy powder
X-ray diffraction spectra of high-entropy alloy powder and various precious metal powders
X-ray diffraction spectra of high-entropy alloy powder and various precious metal powders

About High-Entropy Alloys

High-entropy alloys are alloys containing five or more elements in equal amounts and are characterized by the absence of major elements that make up most of the alloy. They have been attracting attention as a new category of metallic materials in recent years. Research and development on high-entropy alloys is being actively conducted worldwide, as the properties of the metals and precious metals contained in these alloys can simultaneously produce properties such as high strength and high heat resistance, as well as the possibility of creating new properties.

About TANAKA Precious Metals

Since its foundation in 1885, TANAKA Precious Metals has built a portfolio of products to support a diversified range of business uses focused on precious metals. TANAKA is a leader in Japan regarding the volumes of precious metals handled. Over the course of many years, TANAKA has not only manufactured and sold precious metal products for industry but also provided precious metals in such forms as jewelry and assets. As precious metals specialists, all Group companies in Japan and around the world collaborate and cooperate on manufacturing, sales, and technology development to offer a full range of products and services. With 5,355 employees, the group’s consolidated net sales for the fiscal year ending March 31, 2023, was 680 billion yen.

Global industrial business website
https://tanaka-preciousmetals.com/en/

Product inquiries
TANAKA Kikinzoku Kogyo K.K.
https://tanaka-preciousmetals.com/en/inquiries-on-industrial-products/

Press inquiries
TANAKA Holdings Co., Ltd.
https://tanaka-preciousmetals.com/en/inquiries-for-media/

Press Release: https://www.acnnewswire.com/docs/files/20231025EN.pdf



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Doubleview Announces South Lisle Zone Drill Holes Extend the Main Lisle Deposit for 120 meters

Vancouver, British Columbia–(ACN Newswire – October 24, 2023) – Doubleview Gold Corp. (TSXV: DBG) (OTCQB: DBLVF) (GERMANY: A1W038) (the “Company or “Doubleview”) is pleased to announce the inaugural drill results from the south extension of the Lisle Zone. Drill holes H057, H058, and H059 have expanded the Lisle Deposit by 120m to the south and increased the volume of mineralization that will be included in the resource estimate which is being prepared by an independent engineering group and scheduled for completion in Q1 of 2024. This zone also encompasses drill hole H067 announced in news release dated 17th of October, 2023. The polymetallic Hat project is located in the Golden Triangle of northwestern British Columbia.

Highlights:

Drill hole H058 of the returned assays of 0.49% copper, 0.18 g/t gold, and 33 g/t scandium over 125.8 meters. This intercept may be a continuation of the same horizon that was encountered in the main Lisle deposit’s richer parts. All drill holes of this zone returned greater than average assayed scandium values compared to all other areas the deposit yet.

  • the reported results of the 2023 season demonstrate that the Lisle Zone is not limited in this direction towards the south,
  • the Lisle deposit has an inner mineralization of the strongest Scandium values seen thus far on the project,
  • these drill holes extend the Lisle deposit by an additional 120m by 200m,
  • mineralization is open in all directions.

Farshad Shirvani, Doubleview’s president and CEO, commented “It is exciting to discover these new extensions to the south of the Lisle Zone that have added important dimensions to the deposit and indicate further potential in and to the south. The remaining 2023 drill holes will continue to explore this part of the deposit and we also note the strong contribution of the critical metals, copper, cobalt and scandium. The dimensions of the Hat deposit keep increasing and drilling has not found the limits.”

Mr. Shirvani continued “The 2023 drilling campaign continues to advance the Hat polymetallic deposit, and the total meters drilled this season now exceeds 9,000 meters. More results will be announced as they become available.”

Drill hole H-057 intercepted 139.1 m with 0.17g/t gold, 0.23g/t silver, 0.06% copper, 105.3 g/t cobalt and 37.6 g/t scandium, (1.10% Cu Eq). Drill hole H-058 intercepted 654m with 0.27g/t silver, 0.10g/t gold, 0.14% copper, 78.6g/t cobalt and 34.8g/t scandium (1.05% Cu Eq) and included 305.4m with 0.44g/t silver, 0.14g/t gold, 0.26% copper and 32.2g/t scandium (1.11% Cu Eq) and also 125.8m with 0.78g/t silver, 0.22g/t gold, 0.49% copper and 33.0g/t scandium (1.38% Cu Eq). The latter intercept appears to be a direct continuation of a higher grade part of the main Lisle Zone. Drill hole H-059 intercepted 421.7m with 0.18g/t silver, 0.12g/t gold, 0.05% copper and 32.6 g/t scandium (0.93% Cu Eq).

2023 Drill Season:

Doubleview’s goal for the 2023 drill season was to gradually increase the known deposit by strategically drilling new locations, such as the Buck Zone to add more value to the upcoming Q1 2024 resource estimate.

All drill holes in this as well as previous news releases (H054 – H059) have expanded the mineralized envelope of the Lisle Deposit. Table 1 is a compilation of significant intercepts; Table 2 includes drill hole data. Figures 1 and 2 illustrate vertical projections of various drill holes and the southern part of the Lisle Zone.

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
H057 39.0 178.1 139.1 0.23 0.17 105.3 0.06 37.6 1.10
Incl. 84.0 124.7 40.7 0.30 0.31 139.1 0.08 35.6 1.17
H058 6.0 660.0 654.0 0.27 0.10 78.6 0.14 34.8 1.05
Incl. 93.0 660.0 567.0 0.29 0.11 83.7 0.16 34.4 1.07
Incl. 127.7 213.0 85.3 0.26 0.14 150.8 0.08 35.5 1.08
and 339.6 645.0 305.4 0.44 0.14 75.3 0.26 32.2 1.11
Incl. 471.8 645.0 173.2 0.66 0.18 80.2 0.40 34.4 1.31
Incl. 519.3 645.0 125.8 0.78 0.22 82.7 0.49 33.0 1.38
H059 30.0 451.7 421.7 0.18 0.12 74.5 0.05 32.6 0.93
Incl. 69.0 161.0 92.0 0.22 0.14 135.1 0.06 34.3 1.02
Incl. 176.0 336.1 160.1 0.24 0.17 71.6 0.05 33.3 0.98
Incl. 294.0 336.1 42.1 0.46 0.49 105.4 0.08 36.1 1.28
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
H057 347,866 6,453,619 938.8 655 270 -85 Lisle South
H058 347,866 6,453,619 938.8 645 311 -72.7 Lisle South
H059 347,866 6,453,619 938.8 398.5 20 -85 Lisle South

 

 

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Figure 2. Drill Plan

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Scandium:

Scandium is one of the rarest critical metals group of metals deem as “critical metals” by the Canadian and American federal governments.

Doubleview wishes to clarify its news release dated September 25, 2023. The Interim Archaeological Impact Assessment (IAIA) conducted under HCA (Heritage Conservation Act), Permit 22-0470 and prepared by Taiga Heritage Consulting Ltd., is concluded and no additional archaeological work is required within the proposed development areas of the IAIA.

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) (GERMANY: 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.

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Graphene Manufacturing Group Board Appoints Former Wall Street Veteran and Manufacturing Entrepreneur Jack Perkowski to Chair of Board of Directors

Brisbane, Queensland, Australia–(ACN Newswire – October 24, 2023) – Graphene Manufacturing Group Ltd. (TSXV: GMG) (“GMG” or the “Company”) is pleased to advise that Company Director Mr. Jack Perkowski, based in New Jersey USA, is appointed by the Company’s board of directors as Chairman of the Board effective October 24, 2023.

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Mr. Jack Perkowski

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Upon graduation from Yale and the Harvard Business School, Mr. Perkowski spent twenty years on Wall Street as Head of investment banking at Paine Webber, a major securities firm that was eventually acquired by UBS in 2000. In 1991, Mr. Perkowski moved to Hong Kong in order to focus on the development of Asia and China, and in 1994 founded Beijing based ASIMCO Technologies. From 1994 to 2008, Mr. Perkowski served as the Chairman of ASIMCO’s Board of Directors and the company’s Chief Executive Officer, building ASIMCO into one of the most important players in China’s automotive components industry. Under Mr. Perkowski’s leadership, ASIMCO gained a reputation for developing local management and integrating a broad-based China operation into the global economy. ASIMCO was later sold to a private equity firm in 2010 and is still regarded as one of the most successful automotive component manufacturing companies in China. Upon leaving ASIMCO, Mr Perkowski founded JFP Holdings, a merchant banking firm focused on China, where he now serves as Chairman.

GMG’s CEO Craig Nicol stated, “I’m very excited to see Jack becoming Chair of the Board of Directors of the Company to support our progression into a commercial manufacturing operation. It is very clear North America is of strategic importance for GMG for capital markets, end product markets and also potential future operational projects – and so I very much look forward to working with Jack – being based in the USA – to support our transition into an Australian and North American commercial manufacturing operation. I also want to thank Guy Outen for his role as Chair of the Board of Directors for the past four years – including his work as Audit Committee Chair.”

Jack Perkowski, GMG’s Chair added, “I’m delighted to be appointed by my fellow Directors to Chair of the Board of the Company. I look forward to leading the board into the next phase of the company’s development cycle into a commercial manufacturing operation – especially with focus on North American markets for capital and our products and the potential for Australian and North American operational projects. I also look forward to working with Craig in this endeavour and I thank Guy for his work to date as Chair of the Board for the past four years.”

GMG’s 4 critical business objectives remain to:

  1. Produce Graphene and improve/scale the production process
  2. Build Revenue from Energy Savings Products
  3. Develop Next-Generation Battery
  4. Develop Supply Chain, Partners & Project Execution Capability

About GMG

GMG is a clean-technology company which seeks to offer energy saving and energy storage solutions, enabled by graphene, including that manufactured in-house via a proprietary production process.

GMG has developed a proprietary production process to decompose natural gas (i.e. methane) into its elements, carbon (as graphene), hydrogen and some residual hydrocarbon gases. This process produces high quality, with low cost inputs, scalable, ‘tuneable’ and low/no contaminant graphene suitable for use in clean-technology and other applications. The Company’s present focus is to de-risk and develop commercial scale-up capabilities, and secure market applications.

In the energy savings segment, GMG has focused on graphene enhanced heating, ventilation and air conditioning (“HVAC-R”) coating (or energy-saving paint), lubricants and fluids. In the energy storage segment, GMG and the University of Queensland are working collaboratively with financial support from the Australian Government to progress R&D and commercialization of graphene aluminum-ion batteries (“G+AI Batteries”).

For further information, please contact:

  • Craig Nicol, Chief Executive Officer and Managing Director of the Company at craig.nicol@graphenemg.com, +61 415 445 223
  • Leo Karabelas at Focus Communications, info@fcir.ca , +1 647 689 6041

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this news release.

This news release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking statements relate to future events or future performance and reflect the expectations or beliefs of management of the Company regarding future events. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as “intends”, “expects” or “anticipates”, or variations of such words and phrases or statements that certain actions, events or results “may”, “could”, “should”, “would” or will “potentially” or “likely” occur. This information and these statements, referred to herein as “forward‐looking statements”, are not historical facts, are made as of the date of this news release and include without limitation, statements regarding the effective date on which Mr. Perkowski will become chair of the board of directors, and the contributions Mr. Perkowski will make to the Company in his capacity as a chair of the board of directors.

These forward‐looking statements involve numerous risks and uncertainties and actual results might differ materially from results suggested in any forward-looking statements. These risks and uncertainties include, among other things, risks related to the effective date on which Mr. Perkowski becomes the chair of the board of directors, and his contributions as a chair of the board of directors differing from management’s current expectations.

In making the forward-looking statements in this news release, the Company has applied several material assumptions, including without limitation, assumptions regarding the effective date on which Mr. Perkowski will become the chair of the board of directors, and the positive impact Mr. Perkowski will have on the Company’s development in that role.

Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements 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 statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial out-look that are incorporated by reference herein, except in accordance with applicable securities laws. We seek safe harbor.

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Eviosys Ranks Among Top 1% of Companies Worldwide, With Prestigious Platinum-Level Ecovadis Award

ZUG, SWITZERLAND, Oct 24, 2023 – (ACN Newswire) – Leading metal manufacturer Eviosys has achieved the prestigious Platinum Level rating from Ecovadis; the world’s most trusted assessment platform. This recognition places Eviosys within the top 1% of the 100,000 companies evaluated by Ecovadis and rewards the business’ dedication to sustainability across Environment, Labour & Human Rights, Ethics, and Sustainable Procurement.

 

Notably, with an exceptional score of 100% in the Environment category, Eviosys demonstrates an unwavering commitment to environmental stewardship, setting a new industry standard for sustainable practices within the metal packaging sector.

Building on this success, Eviosys remains committed to furthering its sustainability initiatives, with ongoing investments in research and development, as well as collaborative partnerships which will focus on scope 3 emissions and sustainable procurement as a key area for improvement.

The Platinum Level certification underscores Eviosys’ dedication to:

Environment: Through its ambitious energy reduction plan, Eviosys has implemented rigorous measures to optimise resource utilisation, minimise waste, and decrease energy consumption throughout its operations, even outperforming their goals for both CO2 and VOC emissions, placing them well on track to achieve Net Zero by 2050.

Sustainable Procurement: As a signatory of the UN Global Compact, Eviosys is addressing scope 3 emissions by introducing a new supplier code of conduct which will see Eviosys conduct an extensive review of the entire supply chain and attribute ratings to suppliers in order to promote improved sustainability throughout.

Labour and Human Rights: Addressing areas such as health and safety and diversity, Eviosys has made year-on-year progress to creating a safe and welcoming working environment for employees of all ages, genders and abilities.

Ethics: In all its dealings, Eviosys is committed to conducting business ethically, with integrity and in compliance with applicable laws. Eviosys has implemented a robust Compliance Programme which features a Code of Business Conduct and Ethics, designed to protect and promote ethical business operations and assure uniformity in standards of conduct.

On the business’ achievement, Tomas Lopez, CEO, said: “This Platinum Level recognition from Ecovadis is a testament to the dedication of our teams at Eviosys to enhance our sustainability to the highest possible standards. As we constantly evolve to meet the sustainability needs of the future, we must not now get complacent. We do not see this award as the end of our sustainability journey, but as a starting point which sets an example for others in the industry to follow.”

About Eviosys

Eviosys is a leading global supplier of metal packaging, producing food cans and ends, aerosol cans, metal closures and promotional packaging to preserve the products of hundreds of consumer brands.

Eviosys has the largest manufacturing footprint in Europe, the Middle East and Africa (EMEA) with 6,700 employees in 45 manufacturing facilities across 18 countries in the region. In 2022, it generated €2.7 billion in revenue. Eviosys is a portfolio company of KPS Capital Partners, LP. For more information, visit www.eviosys.com.

Contact Information:

Maisie Jenyon, PR Manager, eviosysuk@grayling.com



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

Q2 Metals Commences its Inaugural Drill Program at the Mia Lithium Property, James Bay Territory, Quebec, Canada

Vancouver, British Columbia–(ACN Newswire – October 23, 2023) – Q2 Metals Corp. (TSXV: QTWO) (OTCQB: QUEXF) (FSE: 458) (“Q2” or the “Company“) is pleased to announce it has collared the first drill hole of its inaugural drill program at the 8,668-ha Mia Lithium Property (the “Property“) located in the Eeyou Istchee James Bay Territory of Quebec.

Drilling has commenced at the west end of the Mia Lithium Exploration Trend (Mia Trend) known as the Mia Zone, with two active drill rigs at site focused on drilling the confirmed spodumene pegmatite outcrops in the area.

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Figure 1. Photo of drilling at the Mia Zone

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“It’s amazing to have achieved this milestone with two drill rigs now turning at the Mia Zone,” said Q2 VP of Exploration, Neil McCallum. “Our team has done an outstanding job of adapting to different obstacles this exploration season and we’re looking forward to learning more over the coming weeks and months as we continue drill testing the Mia Trend.”

It is anticipated that drilling will continue until weather conditions become unfavorable, and then return once again during frozen ground conditions in January 2024. Youdin-Rouillier Drilling of Eastmain, Quebec is contracted to complete the diamond drilling with Dahrouge Geological Consulting Ltd. of Edmonton managing the drill program.

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Figure 2. Map of Inaugural drill target area

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Qualified Person

Neil McCallum, B.Sc., P.Geol, is a registered permit holder with the Ordre des Géologues du Québec and Qualified Person as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects, and has reviewed the technical information in this news release. Mr. McCallum is a director and VP Exploration of Q2.

About Q2 Metals Corp

Q2 Metals Corp. is a Canadian mineral exploration company currently advancing exploration of its 8,668-ha flagship Mia Lithium Property in the Eeyou Istchee James Bay Territory of Quebec, Canada which is host to the Mia Li-1 and Mia Li-2 lithium occurrences. The Company also owns the Stellar Lithium Property with 77 claims totaling 3,972-ha, located approximately six kilometres north of its Mia Lithium Property.

Q2 is also exploring the highly prospective Big Hill and Titan gold projects covering approximately 110 km² in the Talgai Goldfields of the broader Warwick-Texas District of Queensland, Australia, hosting 54 high-grade historical gold mines.

FOR FURTHER INFORMATION, PLEASE CONTACT:

Alicia Milne
President & CEO
Alicia@Q2metals.com

Jason McBride
Corporate Communications
Jason@Q2metals.com

Telephone: 1 (800) 482-7560
E-mail: info@Q2metals.com

Follow the Company: Twitter, LinkedIn, Facebook, and Instagram

Forward-Looking Statements

This news release contains forward-looking statements and forward-looking information (collectively, “forward-looking statements”) within the meaning of applicable Canadian legislation. Forward-looking statements are typically identified by words such as: “believes”, “expects”, “anticipates”, “intends”, “estimates”, “plans”, “may”, “should”, “would”, “will”, “potential”, “scheduled” or variations of such words and phrases and similar expressions, which, by their nature, refer to future events or results that may, could, would, might or will occur or be taken or achieved. Accordingly, all statements in this news release that are not purely historical are forward-looking statements and include statements regarding beliefs, plans, expectations and orientations regarding the future including, without limitation, any statements or plans regard the geological prospects of the Company’s properties and the future exploration endeavors of the Company. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Forward-looking statements are based on a number of material factors and assumptions. Factors that could cause actual results to differ materially from those in forward-looking statements include failure to obtain necessary approvals, unsuccessful exploration results, changes in project parameters as plans continue to be refined, results of future resource estimates, future metal prices, availability of capital and financing on acceptable terms, general economic, market or business conditions, risks associated with regulatory changes, defects in title, availability of personnel, materials and equipment on a timely basis, accidents or equipment breakdowns, uninsured risks, delays in receiving government approvals, unanticipated environmental impacts on operations and costs to remedy same. Readers are cautioned that mineral exploration and development of mines is an inherently risky business and accordingly, the actual events may differ materially from those projected in the forward-looking statements. Additional risk factors are discussed in the section entitled “Risk Factors” in the Company’s Management Discussion and Analysis for its recently completed fiscal period, which is available under Company’s SEDAR profile at www.sedarplus.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.

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Casa Minerals Receives Special Land Use Permit for Congress Gold Mine Project

Vancouver, British Columbia–(ACN Newswire – October 19, 2023) – Casa Minerals Inc. (TSXV: CASA) (OTC Pink: CASXF) (FSE: 0CM) (the “Company” or “Casa”) is pleased to announce that it has received a Special Land Use Permit for its Congress Gold Mine project located near the town of Congress in the Martinez Mining District of Yavapai County, Arizona. Casa is the owner of a 90% interest in the Congress Gold Mine property.

The Company’s subsidiary Casa Gold (USA) LLC received the Special Land Use Permit for Split Estate Mining Exploration from the Arizona State Land Department. The permit is valid for 5 years.

Casa Minerals Inc.’s president & CEO stated: “We are very excited to have the permit in our hand to continue exploration and drilling at the Congress Gold Mine project including the Shiraz Lode claims which opens additional opportunities for our shareholders. This is an area of great exploration potential that was outlined by Malartic Hygrade Gold Mines, one of the last operators.”

The permit is subject the regular provisions, such as conformity to law, indemnity, insurance, environmental matters etc.

About the Congress Mine

The Congress mine is a shear zone hosted gold-silver deposit: low sulphide gold quartz veins occupy complex structural zones in coarse-grained gneissic granodiorite and pegmatite of Precambrian age. Gold values occur in association with fine-grained pyrite and, frequently, other sulphide minerals.

Most historic production was from the Congress and Niagara veins that are exposed on surface over more than 1060 m (3,500 ft) and 365 m (1200 ft). Both veins trend northwesterly and dip moderately to the north and were variously mined to several hundred metres from surface. Several other gold-bearing veins are referred to in archival documents but have not been investigated.

About Casa Minerals Inc.

The Company is engaged in the acquisition, exploration and development of mineral properties located in Canada and the USA. Casa owns ninety percent (90%) interest in the Congress gold mine (Arizona, USA). This historic high-grade gold producing mine has not been explored nor been in production since 1992. Additionally, the Company owns a one hundred percent (100%) interest in the polymetallic Pitman and Keaper properties (BC, Canada) and has an option to acquire a seventy-five percent (75%) interest in the Arsenault VMS Property (BC, Canada).

On Behalf of Board of Directors
Farshad Shirvani, M.Sc. Geology
President and CEO

For more information, please contact:
Casa Minerals Inc.
Farshad Shirvani, President & CEO
Phone: (604) 678-9587
Email: contact@casaminerals.com
https://www.casaminerals.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.

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/184549



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

Doubleview Reports Strong Massive Sulphide Intercept Logged in Drill Hole H067

Vancouver, British Columbia–(ACN Newswire – October 18, 2023) – Doubleview Gold Corp. (TSXV: DBG) (OTCQB: DBLVF) (FSE: 1D4) (the “Company or “Doubleview) is pleased to showcase a long intercept of massive sulphide mineralization in drill hole H068 at its Hat Project. The Hat polymetallic porphyry project in British Columbia’s Golden Triangle, has demonstrated that it contains several of the metals deemed as “critical metals” by the Canadian and American federal governments.

The accompanying photographs illustrate the character of the mineral zone. The long sulphide intercept will be transported under enhanced security protocols for analytical analysis. Assay results will be published in a subsequent news release upon receipt and verification. Further details, including collar coordinates and orientation, will be provided in the immediate future.

Drill hole H067 was collared 320 metres south of drill hole H034 and is directed to the projected south extension of the Lisle Zone. The strong sulphide mineralization appears to comprise sections of very strong chalcopyrite and pyrite, including about 2 metres of nearly massive chalcopyrite. [Chalcopyrite contains about 30% copper].

Further information and maps are being developed to demonstrate the southern extension of the Lisle zone. It is currently projected that the drilling will extend the deposit for another 450m by 340m towards the south while the deposit is open in all directions.

Farshad Shirvani, President and CEO, stated, “I am pleased to see that our modelling concept has been confirmed with drilling. I am also proud of our dedicated team, including our Tahltan Band members who put their utmost efforts into this season’s drilling campaign, which has been very cost effective and successful. We have drilled 1,500 meters in the past two weeks alone, and that has only been attainable due to the team’s hard work, preparation and efficient execution.”

The following photos depict the intersected mineralization (see this news release on the company’s website if the pictures are not visible).

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Photo 1: Drill Core photo of H067 – Boxes 71-72-73

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Photo 2: Drill Core photo Close up from Box 73 – 1

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Photo 3: Drill Core photo Close up from Box 73 – 1

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Photo 4: Drill Core photo Close up from Box 71

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Photo 5: Drill Core photo of H067 – Boxes 49-50-51

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Photo 6: Drill Core photo Close up from Box 50 – 1

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Photo 7: Drill Core photo Close up from Box 50 – 2

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Photo 8: Drill Core photo Close up from Box 51 – 1

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Photo 9: Drill Core photo Close up from Box 53 – 1

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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/184408



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

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.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/184123



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

GMG Provides Details of 2023 AGM To Be Held Virtually

Brisbane, Queensland, Australia–(ACN Newswire – October 16, 2023) – Graphene Manufacturing Group Ltd. (TSXV: GMG) (“GMG” or the “Company“) is providing details of its upcoming Annual Meeting of shareholders (“AGM“) to be held virtually on Tuesday, November 27, 2023, at 8:00 a.m. Brisbane Australian Eastern Standard Time (being Monday, November 26, 2023 at 2:00 p.m. (Canadian Pacific Standard Time).

TO VOTE AHEAD OF THE VIRTUAL AGM

The AGM will be held in a virtual format, allowing shareholders to have an equal opportunity to participate at the AGM online regardless of their geographic location.

The meeting materials, consisting of the notice of meeting, management information circular and related materials (collectively the “Meeting Materials“) will be mailed on or about October 23, 2023. If you have not received your copy of the Meeting Materials by November 10, 2023, please contact your broker if you are a non-registered shareholder, or contact Computershare if you are a registered shareholder. The Meeting Materials outline in detail how to participate at the AGM.

Where a shareholder has previously consented to electronic delivery, the Meeting Materials will be sent to the shareholder electronically.

Non-registered shareholders are encouraged to contact their brokers to register for electronic delivery of GMG’s Meeting Materials.

The Meeting Materials are available at GMG’s profile on SEDAR+ at www.sedarplus.ca as well as in the Investors Section of GMG’s website at https://graphenemg.com/agm-materials/.

As in prior years, shareholders have multiple options to cast their vote ahead of the AGM, which include on-line, via telephone or via mail. Details on using each method are included in the Circular and the form of proxy. Shareholders who are planning to vote ahead of the AGM must submit their proxy voting instructions to Computershare no later than 8:00 a.m. Brisbane Australian Eastern Standard Time on Friday, November 24, 2023, being 2:00 pm (Canadian Pacific Standard Time) on Thursday, November 23, 2023.

ATTENDING THE VIRTUAL AGM

All shareholders will be able to attend the AGM virtually. To do so, login online at https://web.lumiagm.com/441166300, Meeting ID: 441-166-300, Password: graphene2023 (case sensitive).

All securityholders MUST register any third party appointments at www.computershare.com/graphene in advance of the AGM. Failure to do so will result in the appointee not receiving login credentials.

Registered Holders will be asked to enter the 15 digit control number provided on your form of proxy provided by Computershare.

Appointed Proxyholders will be asked to enter the user name provided by Computershare via email, provided your appointment has been registered.

Attendees who do not enter the 15 digit control number or the user name provided by Computershare will only be allowed to register for the AGM as a “Guest”.

It is recommended that attendees log in 15 minutes prior to the start time of the AGM.

TO VOTE OR ASK QUESTIONS AT THE VIRTUAL AGM

For registered shareholders and duly appointed proxyholders to vote their proxies and/or ask questions at the AGM, please follow the instructions set out in the Meeting Materials.

All shareholders wishing to have a question addressed at the virtual AGM can avoid the registration requirements set out in the Meeting Materials by submitting them in advance to AGM23@graphenemg.com. Questions will be collected, organized by theme and posed to management at the AGM. GMG is committed to addressing all appropriate questions submitted by shareholders either live during the AGM or in advance, as timing and circumstances permit.

Shareholders who have questions on how to vote their proxy in advance of the AGM, or on how to register to vote at the AGM, can contact AGM23@graphenemg.com.

Attendees who have registered for the AGM as a “Guest” will not have the ability to vote at the AGM or ask questions.

Shareholders are reminded that if you vote in advance of the Meeting you are not required to vote again on the day of the Meeting.

Board appointments

Emma FitzGerald, Guy Outen and Robert Shewchuk are not standing for re-election.

GMG thanks the outgoing directors for their role in the growth of GMG, and wishes them all the best in their future endeavours.

In anticipation of these departures, GMG has appointed to the board Robert Galyen, Andrew Small and Jack Perkowski, who all propose to stand for re-election at this AGM along with Craig Nicol and Will Ollerhead. Each of these new appointees bring significant additional and relevant experience to the GMG board, and are uniquely qualified to facilitate the next stage of growth for GMG.

About GMG 

GMG is a clean-technology company which seeks to offer energy saving and energy storage solutions, enabled by graphene, including that manufactured in-house via a proprietary production process.

GMG has developed a proprietary production process to decompose natural gas (i.e. methane) into its elements, carbon (as graphene), hydrogen and some residual hydrocarbon gases. This process produces high quality, with low cost inputs, scalable, ‘tuneable’ and low/no contaminant graphene suitable for use in clean-technology and other applications. The Company’s present focus is to de-risk and develop commercial scale-up capabilities, and secure market applications.

In the energy savings segment, GMG has focused on graphene enhanced heating, ventilation and air conditioning (“HVAC-R”) coating (or energy-saving paint), lubricants and fluids. In the energy storage segment, GMG and the University of Queensland are working collaboratively with financial support from the Australian Government to progress R&D and commercialization of graphene aluminium-ion batteries (“G+AI Batteries”).

For further information please contact:

  • Craig Nicol, Chief Executive Officer & Managing Director of the Company at craig.nicol@graphenemg.com, +61 415 445 223
  • Leo Karabelas at Focus Communications Investor Relations, leo@fcir.ca, +1 647 689 6041

https://graphenemg.com/

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this news release.

Cautionary Note Regarding Forward-Looking Statements

This news release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking statements relate to future events or future performance and reflect the expectations or beliefs of management of the Company regarding future events. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as “intends”, “expects” or “anticipates”, or variations of such words and phrases or statements that certain actions, events or results “may”, “could”, “should”, “would” or will “potentially” or “likely” occur. This information and these statements, referred to herein as “forward‐looking statements”, are not historical facts, are made as of the date of this news release and include without limitation, statements regarding the ability of the Company to generate revenue from energy saving products, political support of the industry, and future market and distributor demand for the Company’s products.

These forward‐looking statements involve numerous risks and uncertainties and actual results might differ materially from results suggested in any forward-looking statements. These risks and uncertainties include, among other things risks relating to the Company failing to generate revenue from energy saving products, if at all, political support of the industry, the blending plant’s ability to service future market and distributor demand, and future demand for the Company’s products.

In making the forward looking statements in this news release, the Company has applied several material assumptions, including without limitation, assumptions regarding the Company’s ability to generate revenue from energy saving products, political support of the industry, and future demand for the Company’s products.

Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements 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 statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial out-look that are incorporated by reference herein, except in accordance with applicable securities laws. We seek safe harbor.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/184136



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

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

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/184083



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