Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
ePlay Announces iOS and Android App Updates and Highlights September Engagement Success
Los Angeles, California--(Newsfile Corp. - October 3, 2019) - ePlay Digital Inc. (CSE: EPY) today announced the Big Shot Basketball mobile game has reached Top 10 Downloads in Sports, Simulation or Strategy games in Apple App Store in 24 different countries - up from 21 countries last month.
Template For Growth - "Build It and They Will Come"
With the release and uptake of multiple ePlay owned mobile games, the company will now monetize those games with advertising, in-app purchases, and eSports Prizing. The company owns its technology and leverages that intellectual property as a template for expansion of monetization, revenue, partnerships, acquisitions, and game titles. The company will monetize its engaged audiences and use its partnerships and intellectual property toward exponential growth in the highest margin segment of the esports market.
Cannot view this image? Visit: https://orders.newsfilecorp.com/files/4439/48395_06017ffe248b8bd3_001.jpg
Figure 1
To view an enhanced version of Figure 1, please visit:
https://orders.newsfilecorp.com/files/4439/48395_06017ffe248b8bd3_001full.jpg
"ePlay is thrilled with the off-season user engagement data and brand new revenue sources for the company," says Trevor Doerksen, CEO of ePlay. "Earlier this month, was the first time ePlay games were partially enabled for revenue, and the company is excited with these pre-NBA season results."
Under-Monetized Mobile Games Adding eSports Prizing
Currently, ePlay mobile games are primarily using virtual currency for esports Prizing, and therefore are under-monetized. The company has previously stated that Big Shot is expected to generate an average esports, and in-app purchase revenue per daily active user (ARPDAU) of USD$1.46. As previously announced, conversion to cash prizing is in progress. ePlay is well along the way to the first two steps in earning revenue in the USD$61.3B mobile gaming industry.
Monetizing An Engaged Mobile Audience
Today, ePlay is able to continue to reveal actual user data in which to monetize and focus core growth:
Big Shot users directly entered over 111,000 head-to-head esports competitions since August 2019
esport competition engagement grew 22% in September 2019
Engagement and downloads continue to be stronger than expected prior to launch of 2019/20 NBA season
The newest data reveals the first reported actual ARPDAU is USD$1.24 in September
The company has now released 3 mobile games for further monetization
Adding New Revenue Sources
ePlay is a diversified mobile sports, esports and entertainment game developer and publisher. The company combines gaming, augmented reality, sports, esports, and entertainment technology with an award-winning history. A year ago, the company generated 100% of its revenue from providing services to companies such as CBS, Sony, ESPN, and Intel.
The company released its latest iPhone and Android versions of Big Shot Basketball on September 23, 2019 for Apple App Store and Google Play Store. Compatibility with iOS 13 released by Apple days prior and new features include:
New Journal that tracks drafts, top scores, and Big Shot success
Updated challenges icons to get ready for 2019/20 NBA season
New user interface for login, sign up, and augmented reality (AR) selfies
Performance updates for 3D, Pic-In-Play and augmented reality scenes in the game.
Figure 1. Big Shot Engagement Metrics
About ePlay
ePlay Digital Inc. is a mobile game creator and publisher specializing in sports, esports and entertainment augmented reality titles, including their new flagship title Big Shot Basketball. ePlay is operated by an award-winning team of sports, gaming and esports leaders as well as broadcast and digital technology industry experts, software engineers and athletes who have brought dozens of game titles to market for companies including Time Warner Cable, ESPN, Sony Pictures, AXS TV, Intel, AXN, Fiat, CBS, and others.
ePlay's wholly owned subsidiary, Mobovivo esports specializes in augmented reality, mobile game development and mobile esports streaming.
NBA is a registered trademark of NBA in the United States and other countries. Apple, App Store, and iPhone are registered trademarks of Apple Inc. in the United States and other countries.
Further Information
Further details are available under the Company's profile on SEDAR at www.sedar.com, and the Company's profile on the CSE's website at www.thecse.com/
For further media information, or to set up an interview, please contact:
ePlay Digital Inc.
(310) 684-3857?
E-mail: info@eplaydigital.com
Website: www.eplaydigital.com
Canadian Securities Exchange (CSE): Symbol EPY
Deutsche Boerse Xetra - Frankfurt Stock Exchange: Symbol 2NY2; WKN: A2AN4D; ISIN CA26885W1041
Corporate Logo
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/48395
ePlay Digital CEO: How Esports Companies Generate Revenue
https://investingnews.com/daily/tech-investing/gaming-investing/esports-investing/eplay-digital-esports-revenue/
ePlay Digital CEO: How Esports Companies Generate Revenue
Dorothy Neufeld - June 26th, 2019
EPlay Digital CEO Trevor Doerksen spoke to the Investing News Network about how revenue is generated in esports.
According to a report from Newzoo, esports reached 380 million viewers worldwide in 2018 and is expected to grow to 557 million viewers by 2021.
Companies such as Enthusiast Gaming (TSXV:EGLX), Riot Games and Animoca Brands (ASX:AB1) are among a number of companies that are principally engaged in the esports industry. In addition, the ETF space has also begun to pay attention. In May, Evolve ETFs launched the first Canadian esports ETF, named the Evolve E-Gaming ETF (TSX:HERO).
Earlier this month, the Canadian Securities Exchange hosted its Epsorts and Capital Markets event at the Westin Bayshore in Vancouver to discuss the nascent market. Trevor Doerksen, CEO of ePlay Digital (CSE:EPY), was among the panelists discussing the industry.
image: https://cdn.investingnews.com/app/uploads/2019/04/24143128/Start-Here-Investing-in-Esports-221x300.jpg
esports-gaming-investment
Learn to invest in the up-and-coming eSports market
Read your free report today
Give me my free report!
ePlay Digital has built an esports app that is focused on the NBA basketball league. The company has also previously built games for the Los Angeles Lakers, ESPN, Intel (NASDAQ:INTC) and Time Warner Cable.
The Investing News Network (INN) spoke with Doerksen about real-time data in apps, volumetric scanning and how ePlay generates revenue. Read on to learn his thoughts. The interview has been edited for clarity and brevity.
INN: ePlay Digital is the esports company that has produced the Big Shot basketball game. Can you tell me more about how it applies real-time data to its app and other features that it offers?
TD: The best way to describe the real-time database is that, when LeBron (James) or (Kawhi) Leonard or (Stephen) Curry score (in real life), you score in the game. First, though, you have to find the NBA player. That’s part of the discovery of the Pokemon Go style of game. It’s a location-based mobile game.
You have to find the NBA player, you draft them, you build your team and then their real on-court performance contributes to how you do in the game. A core part of the game is based on real-time NBA data.
INN: You’ve built an app platform that has clients including ESPN, Sony (NYSE:SNE), Intel and Cineplex (TSX:CGX). Can you tell me more about these partnerships?
TD: Traditionally, until recently, we were a fee for service company. We built an app for ESPN named ESPN Sync. We built a game for the Lakers and Time Warner Cable. These games always had a sponsor and they always had a client.
So let’s say, Samsung (KRX:005930) came in and said, “This is what we want” and the client said, “This is what’s important to us,” and our job was typically to get people to watch TV more. So they said to themselves, “Okay. We got people for six minutes. Can we get them watching longer?” We got viewers to watch to nine minutes versus six minutes. That was a big success.
image: https://cdn.investingnews.com/app/uploads/2019/04/24143128/Start-Here-Investing-in-Esports-221x300.jpg
esports-gaming-investment
Learn to invest in the up-and-coming eSports market
Read your free report today
Give me my free report!
INN: Interesting. You mentioned that you were going on tour.
TD: We’re calling this the Big Shot Bash. Part of the marketing tour is a celebrity red carpet. There are esports games and tournaments being played. There’s real sports, I mean, basketball being played, right? We’re mixing sports and esports together in these events, the Celebrity Red Carpet.
Part of the technology showcase is something we call Fan Zone. It allows you to go in and get a 360 degree video. It’s called the volumetric scan. A series of cameras scan your whole body from all angles and it allows a resulting video avatar to be placed into the game. Now, that avatar can be placed with audio and with motion into the different scenes of the game.
INN: Interesting. I saw that you also partnered with Next Joy and that was a major partnership in addition to Big Shot Bob Horry and Lindsay McCormick. ePlay also reported that it is generating positive, active, average daily user revenue in addition to in-app revenue. How does that work?
TD: It’s probably the most important question. Everything else is really cool. The first thing you do, you got to get downloads. Celebrities are important. Partners are important. Next Joy has 100 million users on its platform. The parent company, Shanghai Media Group, is the NBA broadcast rights holder in China. If they choose to, they could promote a game like Big Shot for free because they own the rights. They have ad inventory. They could take up their own inventory either in a stadium that they own or on the broadcast that they own or on their other platforms that they own to talk about Big Shot.
INN: How are the celebrities integrated in the game?
TD: Lindsay McCormick is a 3D avatar. Players can get advice from Lindsay in the game. With Lindsay talking about Big Shot in the real world, it helps lead to downloads of the mobile (version) of Big Shot.
One of our partners, which we haven’t announced yet, has a clothing product line. She sells hoodies and sweaters. They have t-shirts and so on. She sells those physical, real-world versions of hoodies.
INN: Brick and mortar.
TD: Exactly. In Big Shot, she’ll sell the digital version of the same. The profits will be basically 100 percent. There are no shipping costs or manufacturing costs. There’s no commission. We share the revenue with these partners from the digital merch we sell on the game (and) skins in the game with our partners.
image: https://cdn.investingnews.com/app/uploads/2019/04/24143128/Start-Here-Investing-in-Esports-221x300.jpg
esports-gaming-investment
Learn to invest in the up-and-coming eSports market
Read your free report today
Give me my free report!
INN: It was the exposure, essentially, between the two.
TD: I think what most technology companies do is we focus first on getting users and then we figure out how to monetize. I don’t think we’re probably that unique, but what we’re basically saying is let’s just do that all at once, because if I have to pay a celebrity an endorsement fee, I have to pay them upfront.
Whereas, if we partnered, we can make money together on selling a brand new product, such as a digital version of something they already sell in brick and mortar stores or online.
INN: What are some ways games make money from esports?
A lot of people don’t realize this, but it’s at least a half million dollars every day in prize money available for casual games. (With) a lot of those games, you can challenge your friends, too, including cash prizes. We can all play the casual mobile game and that’s $50. Over half a million dollars every day are available for those kinds of games and that kind of prize money. The developer of the game gets some of the revenue and then the winner of the moment gets part of the revenue. In Big Shot, there’s a part of the game, an advanced challenge that you can unlock that allows you to play cash games. If you’re under 18, you won’t even see that.
INN: I see.
TD: We’re going to start with some standalone games first, so we can better test it and we got feedback on the age of users, what they like and stuff. We are really directing this game at kids and their parents and we expect a lot of them to be under 18. Cash money gaming is an afterthought for sure.
Eighty-eight percent of Twitch views are not of professional esports events. They are just a person sitting, playing a game with (many) people watching them play that game. They’re not competing in an expensive venue.
As an app developer, how do we take advantage of that? What we’ve done is on the top left corner of Big Shot, there’s a picture in picture button. You hit the picture in picture button and then your front-facing camera comes up. I see the avatar on the map. I see the actual shoes I’m wearing. I could see all of that through the camera and I’m streaming out to Twitch. That is monetizable for Twitch and for other esports companies and for gaming because we can sell advertising against those views.
Don’t forget to follow us @INN_Technology for real-time news updates!
Securities Disclosure: I, Dorothy Neufeld, hold no direct investment interest in any company mentioned in this article.
Editorial Disclosure: The Investing News Network does not guarantee the accuracy or thoroughness of the information reported in the interviews it conducts. The opinions expressed in these interviews do not reflect the opinions of the Investing News Network and do not constitute investment advice. All readers are encouraged to perform their own due diligence.
Rockstone Research Reports Covers Pistol Bay & Vanadium
Full Report https://bit.ly/2WTk7RO
Rockstone
On the Road to a New Vanadium District in Nevada: Pistol Bay Mining targets high-grade vanadium in Clark County
image:
Vanadium, the extremely hard yet ductile and malleable silvery-grey metal was named after Vanadis, the Scandinavian goddess of beauty.
The beauty of vanadium for investors is that the fundamental factors affecting demand and supply have changed significantly over the last few years. Global demand is strong and growing while supply is tight.
Vanadium supply is coming mainly from China, Russia, South Africa and Brazil. With recent mine shutdowns in China and South Africa, along with China's ban on scrap imports, the supply side appears weak in light of the excess demand that is building up globally.
Both supply and demand pressures pushed vanadium prices from about $5 USD/lb in 2016 to more than $30 USD/lb last year. The first half of 2019 saw vanadium prices decline to $8 USD/lb, but with supply-demand fundamentals looking all the more strong, the second half of 2019 could bring a price rebound with vanadium stocks soaring again.
image: https://ci3.googleusercontent.com/proxy/zzAnoz6pUfYXZ1h-GlCRPMuS_n_-mIDmkDDDh_wnF-qxyhdp0wLYqMhJLngCGdUQD6obHVCYqo9-6XYojz-3WaEYLZXbtkwzDMjil8W_pEWPCsoX5cElZLsJGYjlCIeekBPHQrXB4key=s0-d-e1-ft
The United States imports more than 90% of the vanadium they need for steel strengthening and utility-scale battery storage technology. As such, the US has classified vanadium as a critical metal for its economic and national security. New domestic vanadium supply is needed to offset the nation's problematic dependency on imports from countries such as China and Russia.
In April 2019, Pistol Bay Mining Inc. (TSX.V: PST) signed an agreement to acquire a vanadium project in Nevada, USA. The 980 acres (397 hectares) land package is located in Clark County, a historical mining district with 34 reported occurrences of vanadium mineralization. With a current market capitalization of $2.3 million CAD, Pistol Bay aims to create significant shareholder value by advancing the prospect of a new vanadium district in Nevada. Pistol Bay's President and CEO, Charles Desjardins, explained the reasoning behind signing an agreement to acquire the Vanadium Claims Group (VCG) Project in Nevada:
"We are excited to make this acquisition as it provides the Company exposure to the District Scale Potential of the area for high grade Vanadium mineralization, low cost exploration as well as potential for significant by-product credits (lead, zinc, silver) from related mineralization in a district that [has] not been systematically explored for vanadium."
The mining district was mapped by the United States Geological Survey (USGS) in the 1920s. Most interestingly, the USGS report ("Geology and Ore Deposits of the Goodsprings Quadrangle, Nevada"by D. F. Hewett, 1931) includes the following remark: "Vanadates of either lead, zinc, or copper are uncommonly widespread in the district, but only a few specific determinations of the minerals were made."
The full report can be accessed with the following links:
English (web version):
https://www.rockstone-research.com/index.php/en/research-reports/5516-On-the-Road-to-a-New-Vanadium-District-in-Nevada
English (PDF)
https://www.rockstone-research.com/images/PDF/PistolBay7en.pdf
German (PDF):
https://www.rockstone-research.com/images/PDF/PistolBay7de.pdf
German (web version):
https://www.rockstone-research.com/index.php/de/research-reports/5517-Auf-dem-Weg-zu-einem-neuen-Vanadium-Distrikt-in-Nevada
IN THIS ISSUE
Report #7 on Pistol Bay Mining Inc. (TSX.V: PST; Frankfurt: 0QS2)
image: https://ci4.googleusercontent.com/proxy/JojgCxunzL-M13ujzva4xas502svNq3VpIegTMY-HBiTdDisbRUJNqhxuRxa7nGNLS6czu6jT3Oj-bzdka_vLFA7yk-7kCvYTrmR_GRUN7Ngpf-h=s0-d-e1-ft
Shares Issued and Outstanding: 50,333,822 (Market Cap.: $2.3 Million CAD)
image: https://ci4.googleusercontent.com/proxy/JojgCxunzL-M13ujzva4xas502svNq3VpIegTMY-HBiTdDisbRUJNqhxuRxa7nGNLS6czu6jT3Oj-bzdka_vLFA7yk-7kCvYTrmR_GRUN7Ngpf-h=s0-d-e1-ft
image: https://ci6.googleusercontent.com/proxy/8x-1dxzpFGDfoNWNL4cCR0RUV8bu1JZek-8dmJw7TLFwVhxKA7-Jb7NtHpKNzU4zy0-2BdgnIh-hLM9H__thrNr0PqBrQnapmp4=s0-d-e1-ft
FIND OUT MORE!
image: https://ci6.googleusercontent.com/proxy/8x-1dxzpFGDfoNWNL4cCR0RUV8bu1JZek-8dmJw7TLFwVhxKA7-Jb7NtHpKNzU4zy0-2BdgnIh-hLM9H__thrNr0PqBrQnapmp4=s0-d-e1-ft
image: https://ci4.googleusercontent.com/proxy/RHp76TBnJqPoCFkJXI-2ZJUkFLqLurqQIhEJ3YlS4-maxGETz8-M4Y5TjoYryN1r-IrBpDTDLGDToka45vQ0ZIyU8JxRLb0CDpBh2UaExwdSGIsH4VzmGLGw1evybqt_9zDHbCShiA9S=s0-d-e1-ft
image: https://ci5.googleusercontent.com/proxy/al1oXVk_v-EJRmwfOQXFgxTEUjZ9ZCRpCZqjRGyw57H6rp7_n7XywT-jMY5K8EOLkcYSPG9ShV1rZwX_1E7DoJbb1JrmhAo9ZSI_UNTKXxUtboVrPH_cRjdGxMeuVmcmzvDGQ0Tcyye1=s0-d-e1-ft
Frankfurt/Germany:
image: https://ci6.googleusercontent.com/proxy/X6SH1X-cC8gq3Uyg3J9SYQj20FbbAfAmSnTosOhbfNqp0SrzzWI19TKyWeY6HSX1K3k0-IObU35APzhZy2RGeP6wm4SdkMvpbVMqeFmv2P5mzrKS70SvERocAuBvhzLQ9hfTp-xKOyYz=s0-d-e1-ft
Contact:
Stephan Bogner (Dipl. Kfm., FH)
Rockstone Research
8260 Stein am Rhein, Switzerland
info@rockstone-research.com
www.rockstone-research.com
www.pistolbaymining.com
Projections for Vanadium are Compelling...
My expectation is the market will be hearing some detailed updates on Pistol Bay's plans regarding their Nevada Vanadium properties. It's worth noting that Claim Group #1 minded and shipped 14 tons of the material to the American Vanadium Company.
Do your own due diligence and read up on Vanadium.
Vanadium : The metal that may soon be powering your neighbourhood
Vanadium is a chemical element with symbol V and atomic number 23. It is a hard, silvery-grey, ductile, malleable transition metal. The elemental metal is rarely found in nature, but once isolated artificially, the formation of an oxide layer (passivation) somewhat stabilizes the free metal against further oxidation
Vanadium is a metal that was discovered in the early 19th century. Here are some of the more common uses of vanadium in the world today!
Uses of Vanadium
Small amounts of vanadium are added to steel to make it stronger. Surgical instruments, tools, axles, bicycle frames, crankshafts, gears and jet engines are made from this strong steel.
Vanadium pentoxide is used as a catalyst to make sulfuric acid. Sulfuric acid is one of the most important chemicals for industry. Vanadium pentoxide is also used to make maleic anhydride and some ceramics.
In the future, a compound of vanadium may be used in lithium batteries as an anode. It could also be used in rechargeable batteries.
Vanadate, another compound of vanadium, protects steel from rust and corrosion.
Vanadium dioxide is used to make glass coatings which block infrared radiation.
Fake jewelery can be made out of vanadium oxide.
The inner structure of a nuclear fusion reactor can be used to capture neutrons making the nuclear reaction much safer.
Superconducting magnets can be made out of vanadium.
Some bacteria and other organisms use a vanadium compound to fix nitrogen
Vanadium is used for treating prediabetes and diabetes, low blood sugar, high cholesterol, heart disease, tuberculosis, syphilis, a form of "tired blood" (anemia), and water retention (edema); for improving athletic performance in weight training; and for preventing cancer.
Back in 2006, a company decided to reopen an old vanadium mine in Nevada, electricity grids were the last thing on their minds. Back then, vanadium was all about steel. That's because adding in as little as 0.15% vanadium creates an exceptionally strong steel alloy. "Steel mills love it. They take a bar of vanadium, throw it in the mix. At the end of the day they can keep the same strength of the metal, but use 30% less. "It also makes steel tools more resilient. If the name vanadium is vaguely familiar to you, it is probably because you have seen it embossed on the side of a spanner. And because vanadium steel retains its hardness at high temperatures, it is used in drill bits, circular saws, engine turbines and other moving parts that generate a lot of heat. So steel accounts for perhaps 90% of demand for the metal.
Vanadium's alloying properties have been known about for well over a century. Henry Ford used it in 1908 to make the body of his Model T stronger and lighter. It was also used to make portable artillery pieces and body armour in the First World War.But vanadium's history seemingly goes back even further. Indeed, mankind may have been unwittingly exploiting the metal as far back as the 3rd Century BC. That is when "Damascus steel" first began to be manufactured. Swords made of the steel were said to be so sharp that a hair would split if it were dropped on to the blade.Today, vanadium mainly goes into structural steel, such as in bridges and the "rebar" used to reinforce concrete.
Vanadium supply is dominated by China, Russia and South Africa, where the metal is extracted mostly as a useful by-product from iron ore slag and other mining processes. China - which is midway through the longest and biggest construction boom in history - also dominates demand. A recent decision by Beijing to stop using low-quality steel rebar has bumped up forecast demand for vanadium by 40%. Yet the biggest source of future demand may have nothing to do with steel at all, and may instead exploit vanadium's unusual electrochemical nature.
Vanadium "redox flow" batteries are very stable. They can be discharged and recharged 20,000 times without much loss of performance, and are thought to last decades (they have not been around long enough for this to have been demonstrated in practice)
Why should vanadium batteries be the technology of choice?
There is a glut of cheap lithium batteries these days, after manufacturers built out their capacity heavily in anticipation of a hybrid and electric cars boom that has yet to arrive.
Lithium batteries can deliver a lot of power very quickly, which is great if you need to balance sudden unexpected fluctuations - as may be caused by passing clouds for solar, or a passing gale for wind. But a lithium battery cannot be recharged even a tenth as many times as a vanadium battery - it's likely to die after 1,000 or 2,000 recharges.
Lithium batteries cannot scale up to the size needed to store an entire community's energy for several hours. By contrast, vanadium batteries can be made to store more energy simply by adding bigger tanks of electrolyte. They can then release it at a sedate pace as needed, unlike conventional batteries, where greater storage generally means greater power.
At the other end of the scale, there are also plenty of large-scale energy storage systems under development, such as those exploiting liquefied air, and the 1,000-fold shrinkage in the volume of the air when it is cooled to -200C. But these systems take up a lot of space and are better suited to the very largest-scale facilities that will be needed to serve for instance a large offshore wind farm plugging into the high-voltage national grid.
The second really big question for vanadium is whether the world contains enough of the stuff.
The immediate challenge is that the birth of the vanadium battery business is coming just as China is ramping up its demand for vanadium steel. There is also a longer-term problem - the quantities of vanadium added to steel alloys are so tiny that it is not economic to recover it from the steel at the end of its life. So for the battery market, that vanadium is effectively lost forever.
"Like with all raw materials, it's always a question of how stable is the need of the market, and how big are the incentives for the industry to set up new mines."
With demand on an upward trend for Vanadium battery-makers has developed cheap ways of producing vanadium electrolyte from iron ore slag and the fine ash produced by coal-burning.
Over the longer term, demand for vanadium steel could be met by melting down and recasting old vanadium steel rather than making it afresh, so that freshly mined vanadium could be channelled into the energy market instead.
One of the world’s least known metals is also of great importance, and likely to become more so as renewable energies catch up with and possibly eclipse fossil fuels. Yet vanadium’s primary use as a steel alloy is set to keep prices buoyant and North American explorers racing to find a domestic source of the metal that was once used to make swords so strong and sharp the mere sight of them struck fear into the hearts of their enemies.
A sword of Damascus steel – derived from blocks of “wootz”, a form of steel produced from vanadium-rich iron deposits in South India – was said to be so sharp that it could split a hair dropped on the blade, cut a floating feather in half, or crack a steel helmet wide open with ease. The blades were so flexible they could bend 90 degrees without breaking.
First discovered in 1801 by a professor of mineralogy in Mexico City, vanadium, whose symbol V is based on the Norse goddess Vanadis, has some rare qualities that give it the ability to make materials stronger, lighter, more efficient and more powerful. Adding small percentages of it to steel and aluminum creates ultra-high-strength, super-light and resilient alloys.
Just two pounds of vanadium added to a tonne of steel doubles its strength, so it is unsurprising that 80% of vanadium is used to make ferrovanadium – a steel additive.
Henry Ford was the first to use vanadium on an industrial scale, in the 1908 Model T car chassis. But it is only recently that auto makers have discovered that adding vanadium to car bodies makes them lighter and stronger.
Twenty years ago, no vanadium went into cars, versus around 45 percent today. By 2025, it’s estimated that 85 percent of all automobiles will incorporate vanadium alloy to reduce their weight, thereby increasing their fuel efficiency to conform to stringent fuel economy standards set by the US EPA. Who would have thought any material could make steel ‘greener’?
Vanadium’s corrosion-resistant properties make it ideal for tubes and pipes manufactured to carry chemicals. Vanadium-titanium alloys have the best strength-to-weight ratio of any engineered material on earth. Less than one percent of vanadium and as little chromium makes steel shock and vibration resistant. A thin layer of vanadium is used to bond titanium to steel, making it ideal for aerospace applications. Mixing titanium with vanadium and iron strengthens and adds durability to turbines that spin up to 70,000 rpm.
Since vanadium does not easily absorb neutrons it has important applications in nuclear power. Vanadium pentoxide (V2O5) permanently fixes dyes to fabrics. Vanadium oxide is utilized as a pigment for ceramics and glass, as a chemical catalyst, and to produce superconducting magnets.
Of course, the latest application for vanadium is for batteries, particularly vanadium redox flow batteries used for grid energy storage, of which vanadium pentoxide is the main ingredient.
Where it's found and how it's mined
About 85 percent of the world's vanadium comes from three source countries: South Africa, China and Russia. Vanadium is typically found within magnetite iron ore deposits, and is usually mined as a byproduct and not as a primary mineral. Vanadium is often agglomerated with titanium, which must be separated out as an impurity during processing. The higher the titanium content in the ore, the harder it is to remove the vanadium. The end product is vanadium pentoxide, which can be used for the applications cited above or to make ferrovanadium for use in steel.
While V2O5 currently sells for between US$16,000 and US$17,000 a ton, titanium goes for just $US1,500 a ton, which means a low grade of titanium is an attractive feature of a vanadium prospect. Some of the world's key vanadium mines include the Bushveld complex in South Africa – responsible for about a quarter of all vanadium supply; the high-grade Maracas mine in Brazil owned by Largo Resources; and EVRAZ’s Vanady Tula mine in Russia, the largest European producer of vanadium pentoxide and ferrovanadium alloys.
Cities and roads girded with steel
The world needs more steel, ergo, more vanadium. The latest estimate is that vanadium demand and supply currently intersect at about 80,000 tonnes per year. Market research firm Roskill predicts that by 2020 there will be about a 45 percent increase in the demand for vanadium, driven mostly by China.
As an example of how much steel will be required to build just one new Chinese city – Xiong'an, consider that the city will likely need 20 to 30 million tonnes of steel, which translates to 30,000 tonnes of vanadium – roughly a third of current annual production, albeit over 10 years. That means 3,000 additional tonnes of vanadium a year for the next decade, for just one city – an increase of 5 percent above current supply and demand.
Another thing going for vanadium is China's reluctance to manufacture low-quality rebar used in building construction. Recent earthquakes in China and Japan have shown the Chinese that using cheap rebar is penny wise and pound foolish.
“They're increasing the amount of vanadium in the rebar by about 100 percent so that they can end up with structural specifications that are necessary to keep buildings standing for long periods of time. The rebar alone, that's estimated to bring another 10,000 tonnes a year of vanadium demand,” said Priestner.
China’s scrap ban will cut 4,500-5,500 tpy of domestic V2O5 production.
The increased use of vanadium in automobiles is worth re-iterating. Auto makers have discovered that adding vanadium to car bodies makes them lighter and stronger.
Twenty years ago no vanadium went into cars, versus around 45 percent today. By 2025, it’s estimated that 85 percent of all automobiles will incorporate vanadium alloy to reduce their weight, thereby increasing their fuel efficiency to conform to stringent fuel economy standards set by the US EPA.
Chinese infrastructure investments in the New Silk Road – a $900-billion project set to open up land and maritime routes between China and its western neighbors, namely Central Asia, the Middle East and Europe – is another massive spend on steel that will inevitably require more vanadium than is currently being mined.
Then there are the new infrastructure demands in the United States that President Donald Trump campaigned on in 2016 and is promising to address. The state of disrepair of much of America's infrastructure is truly staggering. It's estimated that 80,000 bridges, or over half the entire stock of U.S. bridge structures, need to be repaired or replaced. Whether or not Trump's infrastructure bill is passed, there will certainly be a future need for more U.S. steel, and more vanadium.
In March and April of 2017, electricity produced from utility-scale renewable sources exceeded nuclear power generation in the United States for the first time since 1984. It’s also worth mentioning that besides v-flow batteries, vanadium has also begun to play a role in applications for electric and hybrid vehicles.
Vanadium acts as a supercharger for batteries by increasing the energy density and voltage of the battery. This is important for electric and hybrid vehicle performance since energy density equates to range, while voltage equates to torque.
Insecurity of supply
With vanadium demand set to soar, it is a valid question as to where new vanadium supply will come from. There are currently no North American reserves, a situation that is and should be deeply alarming to politicians on both sides of the 49th parallel.
A critical or strategic metal is defined as one whose lack of availability during a national emergency would affect the economic and defensive capabilities of that country. The United States and Canada, are completely dependent on recycling (mostly through recovery from spent catalyst from oil refining operations) and imports for 100% of their vanadium supply.
Consider what happened to the rare earths market in the 2000s, when China, which produces 90 percent of REEs, restricted exports, causing prices to spike around the world. Rare earths are used in everything from cell phones to wind turbines to missile guidance systems. With just three countries – South Africa, China and Russia – controlling the supply of vanadium, there is a high risk of that supply either being cut off due to a political or trade conflict, or for the price to suddenly jump.
Conclusion
While v-flow batteries have tremendous appeal for harnessing the power of the wind and sun, their mass adoption so their direct application to the supply-demand equation for vanadium is probably a few years off. New technologies take a long time to be proven out, tested and adopted by the mainstream.
And that’s probably just as well, because vanadium suppliers simply won’t be able to keep up with the amount of demand that is coming down the pipe for the 22nd most abundant element. Think back to that single Chinese city being built – over a third of the world’s vanadium production over the next decade going into one city. That isn’t counting the expected increase in vanadium needed for steel production, defense, automobiles, aerospace, rebar and all the other vanadium applications.
The answer is to bring new vanadium mines online – especially North American deposits that can produce vanadium pentoxide and ferrovanadium, thus bringing the supply-demand curve down to a point where the price is attractive for both vanadium producers and consumers, while increasing security of supply in an increasingly hostile world.
Because vanadium is a metal that seems destined for a supply crunch, because of its applications for traditional industries like autos, aerospace, defense and steelmaking, and due to its promising potential for long-term battery storage of grid-scale electricity, companies that are developing vanadium deposits in North America need to be on your radar screen.
Read more at https://stockhouse.com/companies/bullboard?symbol=v.pst&postid=29809251#cMexuUvs3cXP8Q3x.99
I jumped in today @.018
How many shares are outstanding?
Can anyone reveal what the company's working capital is or cash position is?
KohKut i personally think Holm is building an esports team
He may even be creating a new game for Esports.
This guy is the most qualified Ceo ive ever met in the gaming space.
Not only was he the man for Angry Birds Asia, he also created a top selling phone under the Nokia brand.
Investors have to understand that Holm has developed an enviable rolodex over the years.
Hell, it probably rivals mine.
All his connections will come to bear when Fandom Sports goes live and global.
I get excited when i start thinking about the scale and scope of the Fandom Sports platform.
Some key partnerships ahead of the launch will ensure viral distribution.
3D Signatures appoints Louis CEO
3D Signatures Inc (C:DXD) ()OTC:TDSGF)
Shares Issued 46,445,199
Last Close 5/30/2018 $0.155
Tuesday September 25 2018 - News Release
Mr. Hugh Rogers reports
3D SIGNATURES INC. APPOINTS NEW CEO
3D Signatures Inc. has appointed Dr. Sherif Louis, PhD, as the company's chief executive officer.
Dr. Louis is an accomplished scientist and experienced leader in the biotechnology industry. Dr. Louis was an early key contributor to the development of the company's 3-D telomere technology and TeloView software platform dating back almost 15 years. He has held various leadership and executive positions with Canadian non-profit orgaizations focused on advising and coaching for-profit biotech enterprises engaged in technology commercialization. Dr. Louis has also served on the board of directors of the Biotechnology Association of Manitoba. Dr. Louis formaly joined 3D Signatures in September, 2015, and most recently held the position of director of clinical operations.
"I am a true believer in the power of the TeloView software platform. I know the science intimately and I look forward to refocusing the company on large commercial opportunities in collaboration with strategic partners," said Dr. Louis.
"Dr. Louis is dedicated to delivering shareholder value through prudent allocation of company resources. 3DS will focus on opportunities that provide leverage through academic, clinical and industry partnersnips. We are confident that Dr. Louis is the right person to lead operations during this critical transition," said Hugh Rogers, interim chair.
About 3D Signatures Inc.
3D Signatures is a personalized medicine company with a proprietary software platform, TeloView, that is designed to predict the course of certain diseases and to tailor treatment options for the individual patient. The technology is based on the 3-D analysis of telomeres, the protective caps at the ends of chromosomes.
We seek Safe Harbor.
© 2018 Canjex Publishing Ltd.
Pistol Bay Signs Exclusivity Agreement for Cannabinoid Herbal Blend
Vancouver, B.C. – September 05, 2018: Pistol Bay Mining Inc. (TSX-V - PST; Frankfurt - OQS2, OTC/Pink Sheet symbol SLTFF) (“Pistol Bay” or the “Company’) is pleased to provide an update on its plans to seek opportunities outside of the resource sector and, in particular, the cannabis industry.
Charles Desjardins, President and CEO of Pistol Bay reports that the company has entered into negotiations and signed an Exclusivity Agreement to negotiate for the acquisition of the world-wide exclusive rights to market three nutraceutical products from an established private Ontario Company, that specializes in the development, manufacturing and marketing of premium phytopharmaceuticals, offering innovative solutions to complex issues of human health. The three natural health products demonstrate unique intellectual property with respect to novel ingredients, production and extraction technology. To date $5.5 million has been spent on clinical trials to prove safety and efficacy of the foundational product, which has generated approximately USD $500 million in sales.
The foundational product is a combination of ten botanicals, wherein each contains multiple molecules that contribute to delivering adaptogen and antioxidant effects, providing noticeable improvements in physical, mental and emotional well-being.
In recent trials and testimonies this anti-stress blend has shown therapeutic benefits when combined with cannabinoids (containing minimal THC), which then formed the basis of two other products:
1. Cannabidiol (CBD) combined with the foundational adaptogen blend.
2. A full spectrum soft gel containing solely CBD.
About Adaptogens and CBD
Stress has a role in every human disease, and that the mitigation of the effects of stress is of vital importance in preserving human wellness.
Using genuine proper double-blinded placebo-controlled clinical trials it has been proven that the adaptogenic blend modulates the body’s production of cortisol (the stress hormone) without using steroidal mechanisms, but rather working through diffusing systemic physiological mechanisms.
The adaptogens contain hundreds of biologically active molecules extracted from an orchestra of plant species that have been carefully selected and prepared to function in harmony and provides tools it needs to function optimally allows it to stay healthy.
The other two products will contain cannabidiol (CBD) which is a plant-based molecule (there are hundreds of different plant-based molecules that can come from hemp and they fall mainly into the categories of terpenes, flavonoids and cannabinoids). CBD is one of over 100+ cannabinoids found in hemp.
CBD a non-psychoactive, plant-based molecule. It is getting a lot of attention recently for its many benefits including treating pain, anxiety, inflammation, epilepsy and diabetes without the disconcerting feelings of lethargy or dysphoria. CBD works with the body’s endocannabinoid system to deliver these benefits.
The finished products containing CBD will be manufactured to comply with both US and Canadian regulatory laws, and each lot is tested to ensure THC levels are below the permitted requirements.
We are unique worldwide in that our adaptogenic blend increases the bioavailability and bioefficacy of the cannabinoids significantly.
About Pistol Bay Inc.
Pistol Bay Mining Inc. is a diversified Junior Canadian Mineral Exploration Company with a focus on zinc and base metal properties in North America. The company is also actively pursuing the right opportunity in the Cannabis space looking to enhance shareholders value. For additional information please visit the Company website at www.pistolbaymininginc.com or contact Charles Desjardins at pistolbaymining@gmail.com.
On Behalf of the Board of Directors
PISTOL BAY INC.
Charles Desjardins,
President and Director
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.
Cautionary note:
Pistol Bay Signs Exclusivity Agreement for Cannabinoid Herbal Blend
Vancouver, B.C. – September 05, 2018: Pistol Bay Mining Inc. (TSX-V - PST; Frankfurt - OQS2, OTC/Pink Sheet symbol SLTFF) (“Pistol Bay” or the “Company’) is pleased to provide an update on its plans to seek opportunities outside of the resource sector and, in particular, the cannabis industry.
Charles Desjardins, President and CEO of Pistol Bay reports that the company has entered into negotiations and signed an Exclusivity Agreement to negotiate for the acquisition of the world-wide exclusive rights to market three nutraceutical products from an established private Ontario Company, that specializes in the development, manufacturing and marketing of premium phytopharmaceuticals, offering innovative solutions to complex issues of human health. The three natural health products demonstrate unique intellectual property with respect to novel ingredients, production and extraction technology. To date $5.5 million has been spent on clinical trials to prove safety and efficacy of the foundational product, which has generated approximately USD $500 million in sales.
The foundational product is a combination of ten botanicals, wherein each contains multiple molecules that contribute to delivering adaptogen and antioxidant effects, providing noticeable improvements in physical, mental and emotional well-being.
In recent trials and testimonies this anti-stress blend has shown therapeutic benefits when combined with cannabinoids (containing minimal THC), which then formed the basis of two other products:
1. Cannabidiol (CBD) combined with the foundational adaptogen blend.
2. A full spectrum soft gel containing solely CBD.
About Adaptogens and CBD
Stress has a role in every human disease, and that the mitigation of the effects of stress is of vital importance in preserving human wellness.
Using genuine proper double-blinded placebo-controlled clinical trials it has been proven that the adaptogenic blend modulates the body’s production of cortisol (the stress hormone) without using steroidal mechanisms, but rather working through diffusing systemic physiological mechanisms.
The adaptogens contain hundreds of biologically active molecules extracted from an orchestra of plant species that have been carefully selected and prepared to function in harmony and provides tools it needs to function optimally allows it to stay healthy.
The other two products will contain cannabidiol (CBD) which is a plant-based molecule (there are hundreds of different plant-based molecules that can come from hemp and they fall mainly into the categories of terpenes, flavonoids and cannabinoids). CBD is one of over 100+ cannabinoids found in hemp.
CBD a non-psychoactive, plant-based molecule. It is getting a lot of attention recently for its many benefits including treating pain, anxiety, inflammation, epilepsy and diabetes without the disconcerting feelings of lethargy or dysphoria. CBD works with the body’s endocannabinoid system to deliver these benefits.
The finished products containing CBD will be manufactured to comply with both US and Canadian regulatory laws, and each lot is tested to ensure THC levels are below the permitted requirements.
We are unique worldwide in that our adaptogenic blend increases the bioavailability and bioefficacy of the cannabinoids significantly.
About Pistol Bay Mining Inc.
Pistol Bay Mining Inc. is a diversified Junior Canadian Mineral Exploration Company with a focus on zinc and base metal properties in North America. The company is also actively pursuing the right opportunity in the Cannabis space looking to enhance shareholders value. For additional information please visit the Company website at www.pistolbaymininginc.com or contact Charles Desjardins at pistolbaymining@gmail.com.
On Behalf of the Board of Directors
PISTOL BAY MINING INC.
Charles Desjardins,
President and Director
Pistol Bay Considers Business Outside of Resources
Vancouver, B.C. – August 01, 2018: Pistol Bay Mining Inc. (TSX-V - PST; Frankfurt - OQS2, OTC/Pink Sheet symbol SLTFF) (“Pistol Bay” or the “Company’) announces that despite the recent encouraging results of the 2018 Confederation Lake drilling program and the existing potential still to be explored on the 51,050 acres Zinc-Copper Properties, with 570 holes drilled to date, the Company is considering other business ventures.
The Company has no current intention of abandoning the Confederation Lake properties, but the geopolitical world we are in has dampened the demand for commodities. With this in mind, the company is considering becoming involved in the cannabis industry which has become a major focus for capital markets. The reason for the Company’s interest in this industry is because of the opportunities being presented to the Company. Cannabis companies have raised substantial capital from the public markets and many companies’ shareholders have seen increased share values.
The Company has not signed any term sheet, letter of intent or indication of interest, and has no particular transaction which it is currently pursuing in the cannabis industry. However, as opportunities present themselves, management will take the time to consider whether those opportunities would better serve the interests of the Company’s shareholders. Canada’s anticipated legalization of cannabis has put Canada in an advantageous position within this industry.
Charles Desjardins, CEO of Pistol Bay states “We definitely still believe in the potential of the Confederation Lake project, but we want to create value now for Pistol Bay shareholders, so we will start looking seriously at the cannabis opportunities that are being presented to the Company. If the right deal comes along, and if we believe that we as a Company can add value because of our experience and connections in the public markets, it would only make sense to take that deal and try to make it a success. We will not jump at the first thing that comes along but will take the time to make decisions based on the right reasons. No particular deal is imminent at this time.”
The Company also announces that it has engaged the law firm of Cassel Brock & Blackwell LLP with the intention of advising Pistol Bay in the cannabis space.
Pistol Bay is also pleased to welcome Dr Zoltan P Rona to its Advisory Board. Dr Zoltan is a graduate of McGill University Medical School and has a Masters Degree in Biochemistry and Clinical Nutrition. He is a 40-year member of the Canadian Medical Association (CMA) and a past president of The Canadian Holistic Medical Association. He is the author of best selling books on health along with a private medical practice in Toronto for the past 37 years. He has appeared on radio and TV as well as lectured extensively in Canada and the US.
He currently writes regular articles for Alive and Vitality magazines and for several web sites on the appropriate medical usage of cannabis.
His latest focus is peer reviewed cannabinoid research and the safe utilization of this medicine in conjunction with natural health products. He not only understands this burgeoning sector from a medical prospective, but has several years of insights and effective results in the safe and therapeutic usage of cannabis.
On Behalf of the Board of Directors
PISTOL BAY MINING INC.
"Charles Desjardins"
Charles Desjardins,
President and Director
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.
Cautionary note:
This report contains forward looking statements. Resource estimates, unless specifically noted, are considered speculative. Any and all other resource or reserve estimates are historical in nature and should not be relied upon. By their nature, forward looking statements involve risk and uncertainties because they relate to events and depend on factors that will or may occur in the future. Actual results may vary depending upon exploration activities, industry production, commodity demand and pricing, currency exchange rates, and, but not limited to, general economic factors. Cautionary Note to US investors: The U.S. Securities and Exchange Commission specifically prohibits the use of certain terms, such as "reserves" unless such figures are based upon actual production or formation tests and can be shown to be economically and legally producible under existing economic and operating conditions.
Click here to download News Release
Blue Moon Receives Multi-Year Drill Permit to Further De-Risk its 100% Controlled Zinc Project
July 20, 2018 – Blue Moon Zinc Corp. (TSXV: MOON; US: BMOOF) (the “Company”) is pleased to announce it has received all necessary drill permits for its planned exploration and development programs at its advanced Blue Moon Zinc Deposit. The multi-year drill permit provides for the development until June 2022, including extensions, to complete further drilling.
"The receipt of the drill permit is a significant milestone for the Company and represents the government and community support for the continued exploration and development of the Blue Moon Deposit. We continue to reach new milestones at the project, as we look to further de-risk the deposit and highlight the robust nature of the high-grade resource,” stated Patrick McGrath, Chief Executive Officer of Blue Moon Zinc. “Our technical team has identified new drill targets and potential new zones through the analysis of historical data to further enhance and expand the known resource at the project. We will look to update the market shortly on timing and focus of the Phase One drill program, and I would like to thank our shareholders for their patience as we systematically and methodically advance the project.”
About Blue Moon
The Company is currently advancing its 100% controlled Blue Moon polymetallic zinc deposit, which also contains significant credits of copper, silver and gold. The deposit, which is open at depth and along strike, yields historical metallurgical testing that indicates excellent mineral recovery and a clean zinc concentrate. A NI 43-101 technical report detailing the geological resource and summarizing metallurgical recoveries is available on the company’s website (www.bluemoonmining.com), and filed on SEDAR on November 13, 2017. The Company plans to advance the Blue Moon project through to feasibility, permitting and ultimately production.
For more information please contact:
Patrick McGrath, CEO
1-832-499-6009
pmcgrath@bluemoonmining.com
Pistol Bay Provides Assays for Confederation Lake
VANCOUVER, British Columbia, May 02, 2018 (GLOBE NEWSWIRE) -- Pistol Bay Mining Inc. (TSX-V:PST) (Frankfurt:OQS2) (OTC/Pink Sheet:SLTFF) (“Pistol Bay” or the “Company’) is pleased to provide an update with assays on its 3,500-metre diamond drilling program on its Confederation Lake property in northwestern Ontario.
Charles Desjardins, CEO of Pistol Bay Mining Inc. (TSX-V:PST) is pleased to announce that the Company has completed three diamond drill holes totaling 1,525 metres on the Arrow Zone, as the first phase of its 2018 winter-spring drill program on its 100% optioned Confederation Lake property in northwestern Ontario. The property, which now covers approximately 15,000 hectares (37,000 acres) covers numerous zinc-copper (-gold-silver-lead) occurrences, zones and deposits of VMS (volcanogenic massive sulphide) type. Assays have been received for the central part of the mineralized intersection in hole GL18-02, which averaged 3.82% zinc, 0.50% copper, 0.15% lead, 27.3 grams/tonne (g/t) silver and 0.71 g/t gold over a core length of 9.80 metres (estimated true width 6.9 metres).
Drill holes GL18-01 and GL18-02 were drilled into the middle of the Arrow Zone to fill in parts of the zone with additional data points. In combination with pinpointing collars by differential GPS and measuring collar azimuths of historical drill holes, this will make the drill database for the Arrow Zone more complete and more accurate. In 2017, a 43-101 resources estimate was made for the Arrow Zone: an Inferred Mineral Resource of 2,100,000 tonnes averaging 5.78% Zn, 0.72% Cu, 0.60 g/t Au and 19.5 g/t Ag. By improving the reliability of survey data for historical holes and including new drill holes, the Company hopes to be able to upgrade part or all of the Inferred Mineral Resource into the Indicated category.
Drill hole GL18-01 cut a 12 metre section of alternating massive sulphides and disseminated sulphides in heavily altered felsic pyroclastic rocks. It was preceded by 30 metres of mixed chert and felsic tuff with minor amounts of disseminated sulphides. A number of historical drill holes reported gold values in this “Upper Chert” rock unit. GL18-02 gave similar results, with 26.95 metres of “Upper Chert” followed by 12.85 metres of massive and disseminated sulphides. The following table presents averages within the 12.85 metre section for which assays have been received (those samples were assayed on a “rush” basis, while the remaining samples from GL18-02 and all of GL18-01 were not given priority).
SUMMARY ASSAY DATA DDH GL18-02 (Main sulphide zone)
From To Length Cu% Zn% Pb% Ag g/t Au g/t Zneq%
Average 422.95 435.80 12.85 0.42 3.07 0.12 22.2 0.59 5.15
Includes 426.00 435.80 9.80 0.50 3.82 0.15 27.3 0.71 6.33
Includes 428.50 435.80 7.30 0.56 4.83 0.15 26.4 0.45 7.13
Includes 429.50 431.50 2.00 0.92 8.88 0.38 44.3 0.38 12.30
Includes 430.40 431.00 0.60 0.28 22.00 0.77 74.9 0.77 24.80
Includes 426.00 429.00 3.00 0.33 0.83 0.17 40.4 1.65 4.41
The last average quoted is for a 3 metre section of conspicuous gold enrichment towards the top of the main sulphide zone.
Drill hole GL18-03 was drilled to test a possible extension of the Arrow Zone down a 45 degree plunge to the southwest. It intersected the main sulphide zone much earlier than expected, which demonstrated that the zone was apparently displaced about 25 metres to the northwest from where it was expected. The main sulphide zone was 26 metres thick (core length) and included more interbedded tuff than in other holes. It was overlain by approximately 40 metres of “Upper Chert”, which was in turn overlain by 16 metres of felsic tuff with a few percent of disseminated sulphides.
The possibility is being considered that the Arrow Zone is actually two separate zones, arranged en echelon, or that the southwestern part is displaced from the northeastern part by a fault.
The drill will be moving to the Fredart “A” Zone, a copper zone with associated silver values that was drilled at various times between the 1960s and the 1980s. Only the first four holes were assayed for gold. A historical resource estimate made in 1971 for the Fredart “A” zone, based on diamond drilling in the 1960s, was 386,000 tonnes grading 1.56% copper and 33.6 g/t silver, or alternatively 219,500 tonnes at 1.95% copper and 41.8 g/t silver. Neither of these estimates conforms to any class of mineral resource or mineral reserve defined by the 2014 CIM Definition Standards for Mineral Resources and Mineral Reserves. Initially three pairs of drill holes, each at inclinations of 50° and 70° will be drilled through the Fredart zone.
The technical information in this news release was prepared and/or reviewed by Colin Bowdidge, Ph.D., P.Geo., a Qualified Person as defined in National Instrument 43-101.
About Pistol Bay Mining Inc.
Pistol Bay Mining Inc. is a diversified Junior Canadian Mineral Exploration Company with a focus on zinc and base metal properties in North America. The company has also created a subsidiary for resource driven blockchain applications. For additional information please visit the Company website at www.pistolbaymininginc.com or contact Charles Desjardins at pistolbaymining@gmail.com.
On Behalf of the Board of Directors
PISTOL BAY MINING INC.
"Charles Desjardins"
Charles Desjardins,
President and Director
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.
Pistol Bay finishes three holes at Confederation Lake
Pistol Bay Mining Inc (2) (C:PST)
Shares Issued 47,847,648
Last Close 4/27/2018 $0.055
Monday April 30 2018 - News Release
Mr. Charles Desjardins reports
PISTOL BAY MINING INC. GIVES PRELIMINARY RESULTS FROM CONFEDERATION LAKE DRILLING
Pistol Bay Mining Inc. is providing preliminary results from its 2018 winter/spring Confederation Lake drilling.
Charles Desjardins, CEO of Pistol Bay Mining Inc. is pleased to announce that the Company has completed three diamond drill holes totalling 1,525 metres on the Arrow Zone, as the first phase of its 2018 winter-spring drill program on its 100% optioned Confederation Lake property in northwestern Ontario. The property, which now has an area of approximately 15,000 hectares (37,000 acres) covers numerous zinc-copper (-gold-silver-lead) occurrences, zones and deposits of VMS (volcanogenic massive sulphide) type.
Drill holes GL18-01 and GL18-02 were drilled into the middle of the Arrow Zone to fill in parts of the zone with additional data points. In combination with pinpointing collars by differential GPS and measuring collar azimuths of historical drill holes, this will make the drill database for the Arrow Zone more complete and more accurate. In 2017, a 43-101 resource estimate was made for the Arrow Zone: an Inferred Mineral Resource of 2,100,000 tonnes averaging 5.78% Zn, 0.72% Cu, 0.60 g/t Au and 19.5 g/t Ag (8.36% zinc equivalent or ZnEq*). By improving the reliability of survey data for historical holes and including new drill holes, the Company hopes to be able to upgrade part or all of the Inferred Mineral Resource into the Indicated category.
Drill hole GL18-01 cut a 12 metre section of alternating massive sulphides and disseminated sulphides in heavily altered felsic pyroclastic rocks. It was preceded by 30 metres of mixed chert and felsic tuff with minor amounts of disseminated sulphides. A number of historical drill holes reported gold values in this "Upper Chert" rock unit. GL18-02 gave similar results, with 26.95 metres of "Upper Chert" preceding 12.85 metres of massive and disseminated sulphides.
Successful Test of Down Dip Extension
Drill hole GL18-03 was drilled to test a possible extension of the Arrow Zone down a 45 degree plunge to the southwest. It successfully intersected the main sulphide zone, but at a shallower depth than anticipated, which demonstrated that the zone was apparently displaced about 25metres to the northwest from where it was expected. The main sulphide zone was 26 metres thick (core length) and included more interbedded tuff than in other holes. It was preceded by approximately 40 metres of "Upper Chert", which was in turn overlain by 16 metres of felsic tuff with a few percent of disseminated sulphides. The apparent offset in the main sulphide zone in hole GL18-03, from its expected location raises the possibility that the Arrow Zone may actually be two separate zones, arranged en echelon at different positions in the volcanic sequence. After re-surveying the historical drill holes, it may be possible to assess this hypothesis and judge its potential implications for the size of the mineral resource.
Assays of cut drill core are expected to start being delivered shortly. Turnaround time at the assay laboratory is currently about three weeks.
Drilling to Commence on Fredart Copper Zone
The drill will be moving to the Fredart "A" Zone (also referred to in some historical reports as the Copperlode "A" Zone), a copper zone with associated silver values that was drilled at various times between the 1960s and the 1980s. Only the first four holes were assayed for gold. A historical resource estimate made in 1971 for the Fredart "A" zone, based on diamond drilling in the 1960s, was 386,000 tonnes grading 1.56% copper and 33.6 g/t silver (1.83% copper equivalent or CuEq*), or alternatively 219,500 tonnes at 1.95% copper and 41.8 g/t silver (2.28% CuEq). Neither of these estimates conforms to any class of mineral resource or mineral reserve defined by the 2014 CIM Definition Standards for Mineral Resources and Mineral Reserves. Initially three pairs of drill holes, each at inclinations of 50degree and 70degree will be drilled through the Fredart zone.
* Note: Zinc equivalent and copper equivalent are calculated using gross metal values averaged over the last year, to convert other metal values to their equivalent grades of zinc or copper. Published metal prices are denominated in US dollars and were converted to Canadian dollars for the calculation at the rate of US$1.00 = C$1.28 to reflect that costs are in Canadian dollars.
The technical information in this news release was prepared and/or reviewed by Colin Bowdidge, Ph.D., P.Geo., a Qualified Person as defined in National Instrument 43-101.
About Pistol Bay Mining Inc.
Pistol Bay Mining Inc. is a diversified Junior Canadian Mineral Exploration Company with a focus on zinc and base metal properties in the Confederation Lake greenstone belt in the Red Lake area in Ontario, Canada. For additional information please visit the Company website at www.pistolbaymininginc.com or contact Charles Desjardins at pistolbaymining@gmail.com.
We seek Safe Harbor.
Pistol Bay Mining profiled on One Market Minute
CEO Charles Desjardins provides a company overview on One Market Minute.
https://bit.ly/2H5Xjra
TSX-V-PST OTC-SLTFF
Silver Pursuit Announces the Appointment of New Director – Geologist Robert J. Casaceli of Reno, Nevada
Silver Pursuit Resources Ltd. OTC/FPVTF--TSX-V-SPF
Vancouver, British Columbia (FSCwire) - Silver Pursuit Resources Ltd. (the “Company”) is pleased to announce the appointment of Robert J. Casaceli B.A. (Geology) M.S. (Geology) of Reno, Nevada. Mr. Casaceli’s career in the mining industry spans over 44 years and has been involved in every facet of mineral exploration, He is currently a consultant to the mining industry with his principal client being Pershing Gold Corporation, whose primary project is the Relief Canyon gold mine, NV, which is now in pre-production development phase.
In recent years he has served as President & CEO of Creso Exploration Inc. (CXT:TSX.V) and as Chief Geologist, and later Chief Consulting Geologist, for Franco-Nevada Corporation, the world’s largest royalty acquisition company. In this period, he also served as President, CEO, and Director of Franc-Or Resources Corporation (a TSX resource company) for over 12 years and has been involved in the design, funding, and implementation of numerous reconnaissance and advanced-stage exploration projects, and prospect/mine evaluations in some 56 countries. He was a founding partner of the consulting firm Annapurna Exploration in 1985. having extensive experience in negotiating mining agreements and operating in several countries. He speaks fluent Spanish, French, with moderate language skills in Italian, Portuguese, and Turkish, and rudimentary communication abilities in Chinese and Russian.
He has been involved in the discovery or delineation/expansion of several mineral deposits including: Cerro Negro, Argentina; Vetas/California, Colombia ; Salsigne, France; North Standard, Nevada (Carlin-like Au;+0.5M oz mined); Summitville, Colorado (High sulfidation Au; 0.294M oz mined); El Transito, Honduras; Rio Blanco, Peru; Rico, Colorado (Porphyry/skarn Mo), Bugdainskoye, Russia (Porphyry/veins Mo,Au,Ag,W,Cu,Pb,Zn,Re); and Aimara, French Guiana (laterite/saprolite/vein/placer Au).
As President and Chief Operating Officer of Latin America Nevada (Subsidiary of Euro-Nevada Mining Corporation) for two years, his primary function was the identification and acquisition of royalty interests from mining properties located throughout Latin America and elsewhere in the world. Brian McClay, President of Silver Pursuit commented on Mr. Casaceli, saying “What best distinguishes Bob as a mining professional is his personal integrity, determination and tireless approach to the identification and development of metal mining properties, his ability to manage and motivate people in this process, and his ability to communicate difficult technical concepts to company directors and shareholders.”
Mr. Casaceli’s recent experience includes:
April 2010-Present (8 years), Consulting Geologist: Clients have included: Pershing Gold Corporation (NV), Rashleigh Mining (Peru), Buccaneer Gold Corp (NV), Xtra-Gold Resources Corp (Ghana), Creso Exploration Inc (Canada)-(President & CEO); Ironsides Operations/Anibok Invest Res; Franco-Nevada Corporation(Chief Consulting Geologist) and other financial and exploration/mining companies involving property evaluation and exploration in North, South, and Central America, Africa, Europe, Australia, and Asia.
2008-March 2010 (1.7 years), Franco-Nevada Corporation, Chief Geologist: Conducted resource property geologic and economic evaluations for royalty acquisitions around the world, principally on precious and base metal properties; also Consulting Geologist for various companies to evaluate mining and exploration properties throughout the world.
1996-2008 (12 years), Franc-Or Resources, President and CEO: Gold exploration and mining (laterite-saprolite/placer/vein) in French Guiana and gold exploration in Russia, Peru, and Nevada, USA; also venture capital investments in biotech start-ups.
1994-1995 (2 years), L.A. Nevada (Subsidiary of Euro-Nevada Mining Corporation), President/C.O.O.: Acquisition of mining royalties from properties throughout Latin America; Europe, Australia, and Indonesia.
1985-1994 (9 years), Annapurna Exploration, Owner/Partner/Consulting Geologist: Precious and base metal exploration in the U.S., Latin America, Europe, Asia, SW Pacific, and Australia.
Prior to the above Mr. Casaceli worked as a Geologist for Anaconda Minerals Inc. (7 years), US Geological Survey (2 years) and Asarco Inc. (2 years)
The Company feels that Mr. Casaceli will play a pivotal role in the development of its portfolio of properties located Nevada in 2018. The Company continues to conduct detailed work to understand and catalogue the data compiled from external sources and generated internally on the properties owned by the Company.
Except for the optioned East Bell project, all claims are owned 100% by the Company are royalty and payment free. All taxes and lease payments are fully paid for 2018. Company expects to release additional historical information on the properties as it becomes available.
Silver Pursuit Resources Ltd.
“Brian McClay”
Brian McClay, Director
Terry Bramhall
Investor Relations
Silver Pursuit Resources Ltd.
604-833-6999 Mobile
604-675-9985 Land Line
www.silverpursuit.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 ad
Pistol Bay Provides an Update on 2018 Drilling Program at Confederation Lake
VANCOUVER, British Columbia, April 11, 2018 (GLOBE NEWSWIRE) -- Pistol Bay Mining Inc. (TSX-V:PST) (Frankfurt:OQS2) (OTC/Pink Sheet symbol:SLTFF) (“Pistol Bay” or the “Company’) is pleased to provide an update on its 3,500-metre diamond drilling program on its 51,000-acre Confederation Lake property in northwestern Ontario.
Drilling of the first two holes on the Arrow Zone has been completed. Core samples from the first hole have been sent to the lab for assaying. The core from the second hole is currently being logged. Sampling of the second hole will be carried out after the hole has been logged.
The drill is being moved to the site of the third hole and drilling will commence on this hole as soon as the drill is set up.
Following is a selection of drill intersections from previous diamond drill holes on the Arrow Zone by Noranda Exploration in 1997-1998 and Tribute Minerals Inc. in 2004-2007.
DDH-ID From
(m) To
(m) Core
Length True
width Cu% Zn% Ag g/t Au g/t
GL1997-02C 451.80 456.10 4.30 3.51 3.07 27.16 50.4 2.105
GL1997-04 469.00 474.80 5.80 4.25 1.61 9.36 37.0 0.818
GL2004-08 325.00 335.20 10.20 7.13 0.95 8.50 25.3 1.018
GL2006-18 513.50 518.90 5.40 3.84 0.66 18.71 25.6 0.446
GL2006-27 304.90 309.05 4.15 3.20 0.59 10.59 19.6 0.730
GL2006-39 338.83 343.10 4.27 3.00 1.21 18.54 8.2 0.413
GL2007-50 526.50 537.60 11.10 7.99 0.92 2.45 15.1 0.496
GL2007-53 560.35 567.40 7.05 5.39 1.20 4.28 25.4 0.834
Following drilling on the Arrow Zone, the drill will move to the Fredart Zone, which was drilled in the 1960s and contained copper mineralization of VMS type with associated silver values. Only the first four holes were assayed for gold.
The technical information in this news release was prepared and/or reviewed by Colin Bowdidge, Ph.D., P.Geo., a Qualified Person as defined in National Instrument 43-101.
About Pistol Bay Mining Inc.
Pistol Bay Mining Inc. is a diversified Junior Canadian Mineral Exploration Company with a focus on zinc and base metal properties in North America. The company has also created a subsidiary for resource driven blockchain applications. For additional information please visit the Company website at www.pistolbaymininginc.com or contact Charles Desjardins at pistolbaymining@gmail.com.
On Behalf of the Board of Directors
PISTOL BAY MINING INC.
"Charles Desjardins"
Charles Desjardins,
President and Director
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.
Cautionary note:
This report contains forward looking statements. Resource estimates, unless specifically noted, are considered speculative. Any and all other resource or reserve estimates are historical in nature and should not be relied upon. By their nature, forward looking statements involve risk and uncertainties because they relate to events and depend on factors that will or may occur in the future. Actual results may vary depending upon exploration activities, industry production, commodity demand and pricing, currency exchange rates, and, but not limited to, general economic factors. Cautionary Note to US investors: The U.S. Securities and Exchange Commission specifically prohibits the use of certain terms, such as "reserves" unless such figures are based upon actual production or formation tests and can be shown to be economically and legally producible under existing economic and operating conditions.
Investing News Network has Profiled Pistol Bay Mining Inc
https://bit.ly/2qdo6LR
Resource Investing News Featured Stock
Pistol Bay—Exploring Zinc and Copper in the Confederation Lake VMS Greenstone Belt
Overview
Pistol Bay Mining (TSXV:PST) is a base metals exploration company currently focused on developing its 20,700-hectare zinc-copper land holding in Ontario’s Confederation Lake VMS Greenstone belt. Owning 100 percent of its holdings, the company is currently exploring the property and its historic deposits having kicked off its initial drilling program in March 2018.
VMS deposits are known to occur in clusters, and it is not uncommon to identify a number of them within an area like Pistol Bay’s Confederation Lake land holding. Within Canada alone, VMS deposits are quite popular, with approximately 350 out of the 800 known VMS deposits in the world sitting within the North American nation. As such, districts that host VMS deposits, like the Confederation Lake VMS Greenstone belt, are considered to be opportune for potential discoveries.
Pistol Bay’s key area of interest in the Confederation Lake is the Arrow Zone, which has a 2017 indicated resource of 2.07 million tonnes at 5.92 percent zinc, 0.75 percent copper, 21.1 g/t silver and 0.58 g/t gold with a 3 percent zinc equivalent cutoff. This is supplemented by an inferred resource of 120,550 tonnes at 2.60 percent zinc, 0.56 percent copper, 18.6 g/t silver and 0.40 g/t gold. The resource estimate also covers values with a 5 percent zinc equivalent cutoff, as well as a 10 percent zinc equivalent cutoff. The initial focus of the company’s 2018 drill program is the Arrow Zone, and it will then move on to the Fredart zone, another area of interest.
Pistol Bay is led by a management team and board of directors with vast experience in running public companies. They are also supported by a professional geologist, Glen MacDonald, who brings over 30 years of mining experience, including in running Potash Inc. Management and individuals close to the company are significantly invested in the company, holding 25 percent of outstanding shares.
Investment Highlights
Numerous high-grade zinc-copper deposits in a dominant 20,700-hectare land holding in the Confederation Lake VMS Greenstone belt, Red Lake, Ontario
Completed 2,100-kilometer VTEM Plus™ airborne survey
Ongoing 3,500-meter drill program targeting Arrow and Fredart zones
Recent financing of $1 million from Rio Tinto acquisition of Pistol Bay’s uranium properties in Saskatchewan to be used to advance current holdings
Strong management team holding 25 percent of shares alongside friends of the company
Flagship Project: Confederation Lake Land Holding
Up until early 2018, Pistol Bay has been working on ammassing its land position in along the Confederation Lake VMS Greenstone belt in Ontario. Under that initiative, the company has developed a wholly-owned land package of 20,700 hectares, which is made up of 1,096 mining claims. The Confederation Lake properties sit within the mining-friendly jurisdiction of Red Lake, which has shown itself to be a politically-stable environment open to mining initiatives. The properties are supported by existing infrastructure including easy road access and available power.
pistol-bay-conferdation-lake
The land holding covers a number of existing properties that have collectively seen 567 drill holes aimed at uncovering zinc-copper-silver-gold VMS-style massive sulphide deposits.
pistol-bay-highlights
Garnett Lake / Arrow Zone
The Garnett Lake / Arrow Zone property is located 16 kilometers southwest of the South Bay mine, which produced 1.45 million tonnes with recovered grades of 11.06 percent zinc, 1.8 percent copper and 72.7 g/t silver from 12 ore lenses. The property was previously owned by Noranda Exploration and Tribute Minerals Inc, both of which conducted drilling programs. Drill results include 4.3 meters of 3.07 percent copper, 27.16 percent zinc, 50.4 g/t silver and 2.1 g/t gold, and 5.8 meters of 1.6 percent copper, 9.36 percent zinc, 37.0 g/t silver and 0.8 g/t gold.
pistol-bay-garnet-lake
In 2017, Pistol Bay released an updated NI 43-101 resource estimate for the Garnet Lake / Arrow Zone property, which included the following highlights:
3 percent zinc equivalent cutoff:
Indicated resource of 2.07 million tonnes at 5.92 percent zinc, 0.75 percent copper, 21.1 g/t silver and 0.58 g/t gold
Inferred resource of 120,550 tonnes at 2.6 percent zinc, 0.56 percent copper, 18.6 g/t silver and 0.4 g/t gold
5 percent zinc equivalent cutoff:
Indicated resource of 1.76 million tonnes at 6.75 percent zinc, 0.79 percent copper, 22.3 g/t silver and 0.61 g/t gold
Inferred resource of 61,630 tonnes at 3.86 percent zinc, 0.79 percent copper, 23.9 g/t silver and 0.58 g/t gold
10 percent zinc equivalent cutoff:
Indicated resource of 633,000 tonnes at 14.3 percent zinc, 1.11 percent copper, 31.7 g/t silver and 0.85 g/t gold
In March 2018, Pistol Bay announced that it had kicked off its 3,500-meter drilling program. The first three drill holes will test the Arrow Zone and their products will be used as part of a metallurgical testing initiative.
Copperlode “A” / Fredart Zone
The Fredart zone has a historical mineral resource (non-NI 43-101 compliant) of 386,000 tonnes grading 1.56 percent copper and 33.6 g/t silver. The property was also drilled in the 1960s, during which it presented VMS-type copper mineralization associated with silver values, open at depth. Reported samples from the 1970s also included up to 1.46 percent molybdenum.
pistol-bay-copperlode
Past exploration on the property has shown four conductive zones with lengths of 400, 850, 900 and 950 meters over a total length of 6.5 kilometers. As part of the 2018 drilling program, the company will move the drill to the Fredart Zone once it has finalized the three drill holes at the Arrow Zone.
Ben Lake, Joy, Joy North and Caravelle
The Joy North property sits in the southwestern portion of Pistol Bay’s land holding, and is surrounded by the Ben Lake and Joy properties. The property includes a 1,000-meter conductive zone, which was defined by a HLEM survey. Additional exploration work has also uncovered indicated anomalies of zinc, copper and gold linked to the conductor.
pistol-bay-joy-north-zone
Joy North covers five VMS mineralized zones, four of which have been drilled and produced the following highlights:
Joy Zone:
5.7 meters at 3.10 percent copper and 0.20 percent zinc
3.35 meters at 4.01 percent copper, 0.17 percent zinc
Creek Zone:
0.95 meters at 2.33 percent copper, 0.27 percent zinc
South Zone:
0.60 meters at 0.28 percent copper, 17.17 percent zinc
0.25 meters at 0.17 percent copper, 8.36 percent zinc
Caravelle Zone:
0.25 meters at 0.13 percent copper, 21.60 percent zinc
1.10 meters at 0.22 percent copper, 4.44 percent zinc
Dixie 17, 18, 19, 20 and Dixie 3
The Dixie zinc copper collection of claims includes the former Snake Falls property, which sits 45 kilometers southeast of Red Lake. The largest VMS deposit in this region is the South Bay mine, which was in production between 1971 and 1981, producing 354 million pounds of zinc, 57.6 million pounds of copper and 3.73 million ounces of silver.
pistol-bay-dixie
The mineralized zones on the Dixie claims were explored by Selco, Noranda and Tribute Minerals from the 1980s to the late 2000s. Drilling programs by all three owners covered a total 58 holes and delivered results of 1.25 meters of 9.71 percent zinc, 0.2 percent copper and 10.7 g/t silver, and 1.25 meters averaging 5.32 percent zinc on the Dixie 19 claim. Historical resources for the area include 150,000 tons at 14 percent zinc.
The company is working on compiling the historical data associated with the property and review all the data collected by Tribute Minerals in their drilling initiatives.
Mitchell, Gerry Lake and Karas Lake
This collection of 33 mining claims covers 3,700 hectares, hosting a nine-kilometer portion of the Confederation Lake greenstone belt. Historical work in the region has demonstrated a number of zinc-bearing sulphide zones. The properties have seen extensive exploration since the 1960s, which covered approximately 90 drill holes.
Results from Pistol Bay’s VTEM survey have indicated that the area has a strong conductive response, particularly showing two well-defined response lines with a length of up to 400 meters.
Management
Charles Desjardins—President, CEO and Director
Charles Desjardins brings more than 25 years of public company experience in the areas of finance and public company management. He is President and CEO of Tandem Capital Group Inc. which was active in the investor relations field during the mid 1980’s. He was also past president of numerous public mineral exploration and technology companies which traded on the TSX Venture exchange.
Doug McFaul—Director
Doug McFaul has 20 years of experience with companies involved in the public markets. He has acted as a director and held senior management positions with various public companies. He completed the Canadian Securities Course in 1994. He also obtained a degree in finance from the University of Alaska in 1989
Dave Bissoondatt—Director
Dave Bissoondatt has over 20 years of experience with companies involved in the public markets. He has held the position as director in various companies traded on the TXS Venture Exchange. He has also served on the Audit Committee in some of the companies. He graduated from BCIT in Control Electronics in 1975 and in Medical Radiology in 1980. He has been a business owner for many years. Presently he also has a managerial position in the healthcare field.
Glen MacDonald—Director
Glen MacDonald is a professional geologist with over 30 years of exploration and mine development experience in the mineral industry. He has a BSc. (1973) from the University of British Columbia. He is a member of the Alberta Professional Engineers, Geologist and Geophysicists Association since 1982 and of the British Columbia Association of Professional Engineers and Geoscientists since 1993. Co-founder of and a director of Potash One Inc. from March 2003 to May 2009. He is currently a director of several other TSX Venture listed resources companies.
3D Signatures Collaborates with MDxHealth to Evaluate Telo-PC™ Test in Prostate Cancer
TORONTO, March 28, 2018 (GLOBE NEWSWIRE) -- 3D Signatures Inc. (TSX-V:DXD) (OTCQB:TDSGF) (FSE:3D0) (the “Company” or "3DS"), a personalized medicine company with a proprietary software platform (TeloViewTM) based on the three-dimensional analysis of chromosomal signatures, is pleased to announce that it has signed a collaboration agreement with MDxHealth SA (Euronext: Brussels MDXH.BR) (“MDxHealth”), a world leader in molecular diagnostics for urological cancers, to evaluate 3DS’ prognostic test candidate for prostate cancer (“Telo-PCTM”), using 3DS’ proprietary TeloView™ software platform.
3DS and MDxHealth will share the costs of conducting the collaborative study. Pursuant to the agreement, 3DS has also granted MDxHealth an exclusive option to negotiate a license agreement for the Telo-PCTM test.
“This is an excellent opportunity, combining our expertise in urological diagnostics with the innovative 3DS software platform, to evaluate an exciting technology that may improve the clinical management of patients with prostate cancer,” said Dr. Jan Groen, CEO of MDxHealth. “MDxHealth is constantly evaluating new opportunities that might allow us to increase our commercial footprint and we look forward to collaborating with 3DS to explore the potential of this partnership.”
There is a significant unmet need for accurate and minimally invasive diagnostic and risk-assessment tools that allow clinicians to make more informed treatment decisions for prostate cancer patients. Traditionally, the diagnosis of prostate cancer has involved repeated invasive tissue biopsies, which can easily miss cancerous cells or misinterpret benign conditions as being dangerous, leading to unnecessary surgeries. This system needs urgent improvement as seen by the sheer number of people across the world affected by prostate cancer. According to the World Health Organization1, there were over 570,000 new cases of prostate cancer in the U.S. and Europe in 2012. The U.S. National Institutes of Health2 estimates there were over 3 million men living with prostate cancer in the United States in 2014. Currently, prostate cancer patients are often faced with the difficult choice of either living with the cancer under active surveillance, or pursuing treatment which has a significant risk of devastating side effects such as erectile dysfunction, incontinence, bowel complications and infection.
“We look forward to expanding the evaluation of our TeloViewTM platform in prostate cancer through a collaboration with MDxHealth, as they are recognized world leaders in molecular diagnostic testing for patients with prostate cancer,” commented Jason Flowerday, CEO of 3DS. “We hope this study will continue to build on the evidence observed to date which indicates that our Telo-PCTM test is able to predict the stability and aggressiveness of prostate cancer through three-dimensional nuclear telomeric profile analysis.”
About MDxHealth
MDxHealth is a multinational healthcare company that provides actionable molecular diagnostic information to personalize the diagnosis and treatment of urological cancer. The Company's tests are based on proprietary genetic, epigenetic (methylation) and other molecular technologies and assist physicians with the diagnosis of urologic cancers, prognosis of recurrence risk, and prediction of response to a specific therapy. The Company's European headquarters are in Herstal, Belgium, with laboratory operations in Nijmegen, The Netherlands, and US headquarters and laboratory operations based in Irvine, California. For more information, visit mdxhealth.com and follow us on social media at: twitter.com/mdxhealth, facebook.com/mdxhealth and linkedin.com/company/mdxhealth.
About 3DS
3DS (TSX-V:DXD) (OTCQB:TDSGF) (FSE:3D0) is a personalized medicine company with a proprietary software platform, TeloView™, that is designed to predict the course of certain diseases and to tailor treatment options for the individual patient. The technology is based on the three-dimensional analysis of telomeres, the protective caps at the ends of chromosomes. 3DS’ TeloView™ software platform measures the organization of the genome and its correspondence to; the stage of a given disease, the rate of progression of the disease, how different diseases will respond to various therapies, and a drug’s efficacy and toxicity. 3DS’ proprietary imaging software is designed to go beyond identifying whether a patient suffers from a specific disease or condition. Instead, the TeloViewTM platform is designed to inform clinicians and patients with respect to how to personalize treatment and best manage an individual’s disease based on their unique TeloView ScoreTM. As healthcare moves increasingly toward better informed, patient-centric approaches, the Company intends for the TeloViewTM platform to deliver personalized medicine that allows for better treatments, leading to better outcomes.
The TeloViewTM platform is supported by 25 clinical studies involving more than 3,000 patients and 20 different cancers, plus Alzheimer’s disease. 3DS benefits from twenty years of research, $25M of non-dilutive investment into its platform and more than 130 supporting publications, and holds a portfolio of patents related to three-dimensional telomere analysis for proliferative diseases, including (but not limited to) hematological disorders such as Hodgkin's lymphoma, multiple myeloma, and chronic myeloid leukemia. 3DS’ intellectual property portfolio also covers prostate cancer, breast cancer, lung cancer, melanoma, colorectal cancer, and Alzheimer disease.
For more information, visit the Company’s website at: http://www.3dsignatures.com.
The information concerning MDxHealth contained in this news release has been provided by MDxHealth. Although 3DS has no knowledge that would indicate that any statements contained herein concerning MDxHealth are untrue and incomplete, the directors and officers of 3DS assume no responsibility for the accuracy and completeness for such information.
For further information, please contact:
Jason Flowerday
CEO & Director
416-673-8487
investors@3dsignatures.com
http://globocan.iarc.fr/old/FactSheets/cancers/prostate-new.asp
https://seer.cancer.gov/statfacts/html/prost.html
Pistol Bay Mining Inc (2) (C-PST) (OTC-SLTFF) - News Release
Pistol Bay starts 3,500m drill program at Confederation
2018-03-22 03:15 PT - News Release
Shares issued 47,697,648
PST Close 2018-03-21 C$ 0.055
Mr. Charles Desjardins reports
PISTOL BAY COMMENCES DRILLING IN CONFEDERATION LAKE
Pistol Bay Mining Inc. has commenced its planned 3,500-metre diamond drilling program on its 51,000-acre Confederation Lake property in Northwestern Ontario.
The first three drill holes, of approximately 500 metres each, will test the Arrow zone, and the core will be used for preliminary metallurgical testing. The Arrow zone is a volcanogenic massive sulphide (VMS) deposit, which was the subject of a National Instrument 43-101 report in 2017 that presented an inferred mineral resource of 2.1 million tonnes grading 5.78 per cent zinc, 0.72 per cent copper, 0.60 gram per tonne (g/t) gold and 19.5 g/t silver (8.42 per cent zinc equivalent).
A selection of drill intersections from previous diamond drill holes on the Arrow zone by Noranda Exploration in 1997/1998 and Tribute Minerals Inc. in 2004 to 2007 is shown in the associated table.
DDH From To Core True Cu Zn Ag Au
ID (m) (m) length width (%) (%) (g/t) (g/t)
GL1997-02C 451.80 456.10 4.30 3.51 3.07 27.16 50.4 2.105
GL1997-04 469.00 474.80 5.80 4.25 1.61 9.36 37.0 0.818
GL2004-08 325.00 335.20 10.20 7.13 0.95 8.50 25.3 1.018
GL2006-18 513.50 518.90 5.40 3.84 0.66 18.71 25.6 0.446
GL2006-27 304.90 309.05 4.15 3.20 0.59 10.59 19.6 0.730
GL2006-39 338.83 343.10 4.27 3.00 1.21 18.54 8.2 0.413
GL2007-50 526.50 537.60 11.10 7.99 0.92 2.45 15.1 0.496
GL2007-53 560.35 567.40 7.05 5.39 1.20 4.28 25.4 0.834
Following drilling on the Arrow zone, the drill will move to the Fredart zone, which was drilled in the 1960s and contained copper mineralization of VMS type with associated silver values. Only the first four holes were assayed for gold.
The technical information in this news release was prepared and/or reviewed by Dr. Colin Bowdidge, PhD, PGeo, a qualified person as defined in National Instrument 43-101.
About Pistol Bay Mining Inc.
Pistol Bay Mining is a diversified junior Canadian mineral exploration company with a focus on zinc and base metal properties in North America. The company has also created a subsidiary for resource-driven blockchain applications.
We seek Safe Harbor.
Consider Buying Shares of Wealth Minerals Immediately!
Dear Reader,
You’ve waited for this for a long time, and here it is.
In my opinion, it’s the best near-term lithium takeover target on the public markets.
As of 12 hours ago, Wealth Minerals is the only company in the world that has the license in place and the first green light by the Chilean government to export lithium from the Atacama Salar, the world's lowest-cost source of lithium.
FutureMoneyTrends.com profiled Lithium X at CAD$1.00 and it was recently taken out for CAD$2.61 (up 161%)!
We also brought you Advantage Lithium at CAD$0.58, and last December recommended to take profits at CAD$1.32 (up 127%).
Wealth Minerals is being profiled today at CAD$1.94, with future profits unknown (XXX%).
Kenneth Ameduri, co-founder of this letter and chief editor at CrushTheStreet.com, profiled a tiny company called Nano One in 2016 for 40 cents. Today, it trades for CAD$2.35 (up 488%).
The potential gains in the lithium space are ours for the taking, but you have to be unbelievably disciplined because most of the lithium stocks that trade will never make a penny!
This is why we want to begin accumulating shares of Wealth Minerals (WML) now. The news they just announced along with the Chilean government make them an IMMEDIATE takeover target.
***Chile is the lowest-cost region in the world for lithium production
***Financial Times has called lithium in Chile “a buried treasure… The best place in the world to extract the metal”
***For electric vehicles, there isn’t really an obvious alternative in the medium-term
***35% of total global production of lithium comes from Chile
Chile contains half of the world’s most economically extractable reserves of lithium, according to the U.S. Geographical Survey (USGS), which makes it the most efficient low-cost producer on the planet.
“For lithium production, Chile is like the gold standard,” says Brian Jaskula, a commodity specialist at the USGS.
Here is what most investors don’t know when they invest in lithium stocks, and it’s something critical to us doubling, tripling, or even seeing a 10x return on our money.
Nearly ALL of the world’s lithium comes from just four countries: Chile, China, Argentina, and Australia.
With Chile accounting for 1/3rd and being the lowest-cost producer, it is the most important for all the big car companies by far.
What Wealth Minerals (WML) just achieved with their recent announcement makes this the most serious junior lithium stock on the market.
It will take days for the institutional money to digest this news, in my opinion, but the end result is undeniable: WML just positioned itself as the premier takeover target in the lithium space.
Currently, under a Chilean law that was created in 1979, lithium can only be produced by the government, a Chilean state-owned company, or special operation contracts.
It’s why most lithium plays in Chile are nothing more than overly-promoted pipe dreams. In fact, if you own one with assets in Chile and it’s not WML, I suggest you contact your financial advisor asap because the odds are it’s going nowhere and you could lose all of your money.
In that same call to your broker, tell them about WML, who just announced a strategic alliance to develop and commercialize their Chilean projects with the National Mining Company of Chile.
With a 10% stake in WML, the state is now part owner and an official partner of Wealth Minerals, which is why I think we should also take a position and partner with them as well.
The world needs permissible, low-cost lithium production, and with this new state partner, WML is the one lithium stock we want to own.
Consider Shares of Wealth Minerals (TSXV: WML & US: WMLLF).
The global battery market is set to hit $120 billion by 2020!
The current annual demand for electric vehicles is less than 1 million. By 2030, that number is projected to hit 24 million for annual sales!
The Rockefellers, Vanderbilts, and Henry Ford made a fortune from the last energy-powered vehicle revolution.
It’s no surprise that lithium is the hottest sector in the world, along with cobalt, but we need to do this right by positioning ourselves in the right companies that are managed by the right people!
Lithium demand currently outstrips supply, and we have the biggest companies on the planet fighting over future supply.
Warren Buffet’s BYD, Tesla, BMW, Ford, GM, Toyota, Nissan, the list just goes on and on…
Green energy is the trade of the decade, in our opinion.
Lithium, cobalt, and uranium are all important, and for lithium, our only stock suggestion for you is Wealth Minerals (WML).
Some of the biggest winners in the resource sector, like Corriente Resources, International Tower Hill, Trevali Mining, Balmoral Resources, and Cardero Resources, all had one thing in common… A key player by the name of Henk Van Alphen, who is the founder and CEO of Wealth Minerals.
We are backing a real winner here.
Research and consider taking a position in Wealth Minerals today.
Best Regards,
Daniel Ameduri
FULL DISCLOSURE: I have allocated capital to purchase a million shares of this company over the next two weeks.
I want to both partner and profit with you and the Wealth Minerals management team.
I’m initiating coverage today, but I don’t own a single share at the moment and will begin to purchase shares within 24 hours of this email alert.
Investing BIG in the Saudi Arabia of Lithium/Wealth Minerals
Dear Reader,
Tesla is an unprofitable company that is now worth more than Ford. Ford is a company worth $44 billion that sold 6.6 million cars in 2017 and earned profits in the billions of dollars. Tesla is worth $53 billion, despite shipping only 100,000 cars in 2017, and it’s incurring a LOSS – not even turning a profit.
Let that sink in. Fundamentally, Tesla is generations behind, but the intangible expectations of what is to come are what the market is anxiously pricing in.
The shift to electric vehicles will be an overwhelming trend. Musk himself will tell you that Tesla’s valuation has more to do with future potential than current fundamentals. This is one glaring sign that the market is anticipating a tectonic shift in gas to electric vehicles as technology rapidly catches up to societal expectations.
CrushTheStreet.com has a spotless track record of recommending GREEN ENERGY picks. I attribute it to our team and our meticulous process of vetting companies, but I’m proud to say that our track record for clean energy picks is 100%, with all WINNERS and some massive ones in the mix.
Today, I have another pick that I’m certain will become another feather in our hat.
Picking winners is becoming our specialty, and I’ve identified a new opportunity that I truly feel could be an IMMEDIATE success story, as breaking news is developing.
Once again, I’m placing my bets on a new Chilean lithium play: Wealth Minerals (TSXV: WML & US: WMLLF).
Something you should know is that in Chile, lithium can only be produced by the government, a Chilean state-owned company, or special operation contracts.
In the latest news, Wealth Minerals have announced a joint venture where the fully state-owned National Mining Company of Chile (Enami) will become official 10% partners in the company, qualifying Wealth Minerals as an official player in the Chilean lithium space.
This is news that could lead to compounded success, as we have seen in other companies we’ve profiled here at Crush The Street.
The timing for lithium could not be better, as I believe the trend will create many more millionaires and billionaires.
This is breaking news, and if you are reading this now, you are one of the first to hear about this Earth-shattering news that, quite frankly, could lead to a company takeover and a massive payout for early investors.
Chile is considered the Saudi Arabia for lithium and is the lowest-cost region in the world for lithium production. 35% of total global production of lithium comes from Chile.
Nearly ALL of the world’s lithium comes from just four countries (Chile, China, Argentina, and Australia), with Chile accounting for 1/3rd of the world’s entire production. Being the lowest-cost producer is very important for the entire car market, which is drastically shifting towards electric vehicles.
What Wealth Minerals just achieved with their recent announcement makes this the most serious junior lithium stock on the market.
If you have been on the sidelines up until now with the rest of our suggestions here at CrushTheStreet.com, I ask you to judge me on this one here – I’m staking my reputation on it.
Speculating is where I’ve turned tens of thousands into hundreds of thousands, and even MILLIONS. Never invest more than you are willing to lose, and keep in mind that these markets are not for everyone.
May the odds ever be in our favor!
Prosperous Regards,
Kenneth Ameduri
Chief Editor, CrushTheStreet.com
Friends, "Zinc" is trading near decade highs and there's an 11-cent Zinc stock that's about to start a new leg to the upside after doubling in price since the beginning of the year.
Grab what you can TODAY because the chart and the fundamentals are telling us, BLUE MOON ZINC (TSX.V: MOON) is going to be at new highs during this 2nd half of March!!!
MOON is preparing for a DRILL PROGRAM at its Zinc-rich VMS deposit in the foothills of California, and earlier this week the company further strengthened an already impressive team by adding industry veteran Peter A. Ball to its board of directors. Ball is also involved in advising Bonterra Resources (TSX.V: BTR), a successful gold junior in Quebec with a $100 million+ market cap.
MEET THE CEO!
BLUE MOON's biggest investor is its own CEO, Patrick McGrath, who has roots in Newfoundland.
We like this young entrepreneur. He was born in Montreal but moved to Newfoundland when he was just 5 and stayed there until he finished university. He did well in the Oil business and he's now living in Houston, focusing on making BLUE MOON a leading North American zinc play.
CLICK ON THE LINK below as McGrath talks about the "blue sky" potential of the Blue Moon deposit which already has 800 million pounds of zinc, 70 million pounds of copper, more than 10 million ounces of silver and 300,000 ounces of gold in NI-43-101 Indicated and Inferred resources.
MOON CEO Clip
BLUE MOON = BLUE SKY!
Zinc is a hot commodity, and Betty and I and some very good geologists see enormous potential in MOON as it prepares to drill its zinc-rich VMS deposit
MOON is liquid and trading near MULTI-YEAR HIGHS!! Just 100 million shares outstanding for a market cap of only $10.5 million.
At 10 or 11 cents you can't go wrong - this one is going much higher, so join us on the bid!
ART and BETTY FORD
LONG DRUNG CONSULTING INC.
NEWFOUNDLAND, A1V-1T1
(709) 256 8965 /CELL (709) 424 4875
arthritis73@nl.rogers.com (email)
blford@nl.rogers.com
Pistol Bay Executes Drilling Contract
VANCOUVER, British Columbia, March 12, 2018
(GLOBE NEWSWIRE) -- Pistol Bay Mining Inc. (TSX-V:PST) (Frankfurt:OQS2) (OTC Pink:SLTFF) (“Pistol Bay” or the “Company’)
Shares Issued: 47,497,648
Is pleased to announce that the Company has signed a contract for a minimum of 3,000 metres of diamond drilling on its Confederation Lake property in northwestern Ontario. The property now covers an area of approximately 20,700 hectares or 51,000 acres.
Three drill holes of approximately 500 metres each are planned to further test the Arrow Zone, and to retrieve core for preliminary metallurgical testing. The Arrow Zone was the subject of a 43-101 report in 2017 that presented an inferred mineral resource of 2,100,000 tonnes grading 5.78% zinc, 0.72% copper, 0.60 grams per tonne (g/t) gold and 19.5 g/t silver.
Approximately ten diamond drill holes totaling about 2,000 metres will test the Fredart “A” zone (also referred to as the Copperlode “A” zone). Some of the better drill intercepts from diamond drilling in the 1960s reported by Rexdale Mines Ltd include:
Hole No. From (m) To (m) Core Length Cu % Ag g/t
FA-1965-06 54.25 77.11 22.86 1.03 16.39
Includes 54.25 60.66 6.40 1.44 32.70
and 66.75 77.11 10.36 1.18 15.96
FA-1965-07 21.95 58.52 36.57 0.68 18.16
includes 21.95 24.99 3.05 1.56 55.55
and 52.73 58.52 5.79 3.24 85.46
FA-1966-11 73.43 80.04 6.61 3.37 159.52
FA-1966-15 46.63 64.16 17.53 2.54 45.72
FA-1966-18 31.09 77.30 46.21 1.18 51.11
Includes 34.08 51.51 17.43 1.89 51.11
and 64.22 77.30 13.08 1.47 51.72
FA-1966-31 64.77 69.01 4.24 3.39 101.89
The drill intersections listed above do not include any gold values, because only the first four drill holes in 1965 were assayed for gold; they gave gold values of 0.3 to 0.6 grams per tonne. Gold was not an important commodity in those years. The mineralization in the Fredart Zone appears to be of VMS type. Copper-rich VMS deposits often have accessory gold with occasional higher values. Pistol Bay will assay all mineralized intersections for gold as well as copper and silver.
A historical resource estimate made in 1971 for the Fredart “A” zone, based on diamond drilling in the 1960s, was 386,000 tonnes grading 1.56% copper and 33.6 g/t silver, or alternatively 219,500 tonnes at 1.95% copper and 41.8 g/t silver. Neither of these estimates conforms to any class of mineral resource or mineral reserve defined by the 2014 CIM Definition Standards for Mineral Resources and Mineral Reserves.
The technical information in this news release was prepared and/or reviewed by Colin Bowdidge, Ph.D., P.Geo., a Qualified Person as defined in National Instrument 43-101.
About Pistol Bay Mining Inc.
Pistol Bay Mining Inc. is a diversified Junior Canadian Mineral Exploration Company with a focus on zinc and base metal properties in North America. The company has also created a subsidiary for resource driven blockchain applications. For additional information please visit the Company website at www.pistolbaymininginc.com or contact Charles Desjardins at pistolbaymining@gmail.com.
On Behalf of the Board of Directors
PISTOL BAY MINING INC.
"Charles Desjardins"
Charles Desjardins,
President and Director
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.
Cautionary note:
This report contains forward looking statements. Resource estimates, unless specifically noted, are considered speculative. Any and all other resource or reserve estimates are historical in nature and should not be relied upon. By their nature, forward looking statements involve risk and uncertainties because they relate to events and depend on factors that will or may occur in the future. Actual results may vary depending upon exploration activities, industry production, commodity demand and pricing, currency exchange rates, and, but not limited to, general economic factors. Cautionary Note to US investors: The U.S. Securities and Exchange Commission specifically prohibits the use of certain terms, such as "reserves" unless such figures are based upon actual production or formation tests and can be shown to be economically and legally producible under existing economic and operating conditions.
3D Signatures Inc. and l ’Institut Universitaire de Cardiologie et de Pneumologie de Qu ©bec (IUCPQ) Announce Collaboration to Combine TeloView ™ with Genome Sequence Analysis in Lung Cancer
TORONTO, March 06, 2018 (GLOBE NEWSWIRE) -- 3D Signatures Inc. (TSX-V:DXD) (OTCQB:TDSGF) (FSE:3D0) (the "Company" or "3DS"), a personalized medicine company with a proprietary software platform based on the three-dimensional analysis of chromosomal signatures, is pleased to announce that it has signed a collaboration agreement with l’Institut Universitaire de Cardiologie et de Pneumologie de Québec (“IUCPQ”) to evaluate the clinical application of 3DS’ proprietary TeloView™ software platform alongside DNA sequence analysis in lung cancer.
The study will be conducted at 3DS’ laboratory in Toronto, Canada, through a collaboration with Dr. Philippe Joubert (MD, PhD, FRCPC), anatomic pathologist at the IUCPQ, researcher at the IUCPQ Research Center, and assistant clinical professor in the Department of Molecular Biology, Medical Biochemistry, and Pathology at Laval University. IUCPQ will conduct whole exome sequence analysis, and provide 3DS with matching tissue samples from the IUCPQ Tumor Bank, from patients with non-small cell lung cancer (NSCLC).
“Pathologists have a variety of emerging technologies available that may offer new insights into optimal disease management”, states Dr. Joubert. “This pilot is an exciting opportunity to evaluate how three-dimensional telomere analysis may complement other new tools at our disposal to offer potential benefits to healthcare providers, lung cancer patients, and the healthcare system”.
According to the World Health Organization, lung cancer is the most common cancer in the world, accounting for over 1.8 million new cases annually, and remains the leading cause of cancer deaths each year.1 Targeted therapies against specific gene mutations have had an important but limited effect on the total lung cancer population. The recent introduction of immunotherapies has been highly effective in only a minority of patients because clinicians lack robust biomarkers to predict which patients will benefit from these expensive treatments.
“We look forward to this additional collaboration with Dr. Joubert and the IUCPQ, to further expand TeloView’s potential application as a universal clinical biomarker in cancer,” commented Jason Flowerday, CEO of 3DS. “We hope this pilot study will be an important precedent for demonstrating how our TeloView™ platform may integrate with genomic sequencing with the aim of supporting clinical decisions for the precision care of such a large patient population as lung cancer.”
About the IUCPQ
Since its creation in 1918, the Institut Universitaire De Cardiologie et de Pneumologie de Quebec has stood on equal footing with leading North American establishments for ultra-specialized care. Specializing in the health of persons with cardiopulmonary diseases, the Institute is renowned and recognized internationally as a leader. What distinguishes the Institute is its expertise and innovative practices, its focus on research and teaching, and its technological advances. The Institute is where specialized expertise and the sharing of knowledge come together in an ongoing quest for excellence. The close and continuing synergy between clinical activities, research, teaching and the evaluation of health technologies and interventions ensures a care approach guided by best practices and forms the cornerstone of the Institute's mission.
About the IUCPQ Research Center
The Québec Heart and Lung Institute (IUCPQ) Research Centre is the only centre funded by the Fonds de recherche du Québec – Santé (FRQS) that regroups three research components (cardiology, respirology and obesity-metabolism) deemed to be a priority because of the considerable economic and social impact of their related diseases. Our centre is unique in that our research components perfectly complement the Institute’s clinical missions. This enables health professionals and researchers to work in total synergy to the greatest benefit of patients. Since 2000, the personnel went from 268 to 906 employees, including 171 principal investigators.
For more information, visit the Institute’s website: http://iucpq.qc.ca/en
The information concerning IUCPQ contained in this news release has been provided by IUCPQ. Although 3DS has no knowledge that would indicate that any statements contained herein concerning IUCPQ are untrue and incomplete, the directors and officers of 3DS assume no responsibility for the accuracy and completeness for such information.
About 3DS
3DS (TSX-V:DXD; OTCQB:TDSGF; FSE:3D0) is a personalized medicine company with a proprietary software platform, TeloView™, that is designed to predict the course of certain diseases and to tailor treatment options for the individual patient. The technology is based on the three-dimensional analysis of telomeres, the protective caps at the ends of chromosomes. 3DS’ TeloView™ software platform measures the organization of the genome and its correspondence to; the stage of a given disease, the rate of progression of the disease, how different diseases will respond to various therapies, and a drug’s efficacy and toxicity. 3DS’ proprietary imaging software is designed to go beyond identifying whether a patient suffers from a specific disease or condition. Instead, the TeloView™ platform is designed to inform clinicians and patients with respect to how to personalize treatment and best manage an individual’s disease based on their unique TeloView Score™. As healthcare moves increasingly toward better informed, patient-centric approaches, the Company intends for the TeloView™ platform to deliver personalized medicine that allows for better treatments, leading to better outcomes.
The TeloView™ platform is supported by 25 clinical studies involving more than 3,000 patients and 20 different cancers, plus Alzheimer’s disease. 3DS benefits from twenty years of research, $25M of non-dilutive investment into its platform and more than 130 supporting publications, and holds a portfolio of patents related to three-dimensional telomere analysis for proliferative diseases, including (but not limited to) hematological disorders such as Hodgkin's lymphoma, multiple myeloma, and chronic myeloid leukemia. 3DS’ intellectual property portfolio also covers prostate cancer, breast cancer, lung cancer, melanoma, colorectal cancer, and Alzheimer disease.
For more information, visit the Company’s website at: http://www.3dsignatures.com.
For further information, please contact:
Jason Flowerday
CEO & Director
416-673-8487
investors@3dsignatures.com
Blue Moon (MOON.V) rises as zinc mines shut in China
Lukas KaneMarch 5, 20180
http://bit.ly/2FhvStx
Beijing, China – I’m currently staying in a 400-year-old neighborhood, called ????1???? [Jingyang Hutong No.1 Siheyuan].
During the day, it’s a noisy, bustling hive of foot traffic.
At night, it’s silent – except for the constant hacking and coughing of my neighbours around the courtyard.
In a minute I’m going to explain how these hacking Chinese urbanites have destroyed China’s zinc production and how you can profit from it.
But first – let me fill in the back story so you understand this isn’t a surface ripple – it’s a tidal shift.
Researchers from Berkeley Earth estimate that 1.6 million Chinese die every year from pollution-related health issues.
The annual economic cost is about $700 billion – from medical expenses, hospitalisation and lost productivity.
The 2.5 PMI index measures the really harmful pollutants – the ones that get down into the lungs and never leave.
The World Health Organisation says anything above 40 is unhealthy.
At this moment – in real time – the pollution is 11 times worse in Beijing than my hometown of Vancouver, BC.
That’s hardly surprising.
But here’s what might be: today is a “clean air day” in Beijing.
The normally ubiquitous gas-masks are gone.
The PMI 2.5 index is often above 800.
Take this to bank: the Chinese government is motivated to reduce pollution.
No, they’re not gong to quit coal over-night.
No, they’re not going to forbid the swelling middle-class to purchase SUVs.
They are going to do what they can do, without derailing the economic train.
Example: In 2017, 60% of zinc mines in Sichuan province were shut down after failing inspections from the Environment Protection Unit.
Zinc is used to galvanize steel or iron, against rusting.
It didn’t take long for the effect to be felt: in January, 2018 refined zinc imports to China surged to 67,111 tonnes, up 287%.
The global market for refined zinc was in deficit by 485,000 metric tonnes over the first 11 months of 2017, with inventories plummeting by 320,000 metric tonnes over the same period.
China is now looking for cheap, reliable zinc imports.
That’s a game-changer for zinc developers, close to international shipping centers.
Enter Blue Moon Zinc (MOON.V) which own 100% of the Blue Moon Zinc deposit in east central California.
Main transmission lines and a hydroelectric power generation facility are both within one mile of the property.
Seaports, rail and trucking routes are all accessible. It’s a three-hour drive to the Oakland port.
On October 2, 2017, MOON announced an updated NI 43-101 Mineral Resource estimate announced which saw a 20% increase in the indicated zinc resource to 377 million pounds of zinc.
There was also a 23% increase in the inferred zinc resource to a total of 395 million pounds of zinc, using a 4% zinc equivalent cut-off grade.
Last October, Blue Moon engaged a Reno Engineering firm (MDA) to begin a Preliminary Economic Assessment (PEA) of the Blue Moon zinc project in the foothills of California. Completion of the PEA is expected Q1, 2018.
In 2015 MDA co-authored a 2015 feasibility study for the Soledad Mountain mine in Southern California that went into commercial production the next year.
“We are confident in MDA’s experience to develop a high-quality technical report that will provide our shareholders with a preliminary analysis of Blue Moon’s economic potential,” stated Blue Moon’s CEO Patrick McGrath.
The updated Mineral Resource estimate is being utilized in the PEA.
A PEA is often a precursor to a bankable feasibility study. At that point things get real. The story-telling stops and the bean-counters take over. Assume, for the sake of argument, your mine has a capital cost of $100 million.
The bankable feasibility study will calculate the risk of the lender losing all or part of the $100 million.
That risk calculation is one of the reasons veteran mining men avoid countries with unstable governments or weak mining jurisdictions.
If an election result could torpedo your mine, it’s going to have to show a much higher level of profitability to offset that risk.
Patrick McGrath, Blue Moon CEO, outlines goals, growth opportunities and challenges
The Blue Moon zinc deposit had modest production during World War II with approximately 56,000 tons mined at 12% zinc. During the 1980s scoping, optimization studies, metallurgy testing and baseline work were completed.
In 1991 the local Californian County issued a permit to build a shaft for underground development. The permit has since lapsed but “past production and historical issuance of permits” signifies a history of pro-mining sentiment.
The MOON team “includes two members with comprehensive knowledge of mining in California including building and revitalizing mines.
Lutz Klingmann brought the Soledad Mountain mine into commercial production, and Lawrence O’Connor restarted the Mesquite mine as VP Operations of Western Goldfield (now New Gold).
MOON’s current Mineral Resource is open at depth and along strike and historical metallurgical testing indicates excellent recovery and a clean zinc concentrate.
Historically, China has always met its own zinc demand.
China importing zinc is like Jamaica importing pot.
It’s hard to wrap your head around.
But that’s what is happening.
MOON’s stock price has doubled in 2018.
Think you missed the ride and will be left standing alone without a dream in your heart?
It’s trading at .12 with a market cap of $11.7 million.
The butterfly effect: man coughs in China – a truck full of zinc rattles down a Californian highway.
Full Disclosure: Blue Moon Zinc is an Equity Guru marketing client, we also own stock.
EXCITING BIOTECH STOCK NOW BREAKING OUT OF LARGE BASE...
Originally published Sunday, March 04, 2018
3D Signatures is an exciting Biotech company that now appears to be getting its act together fast, which is reflected in the recent action in its stock, although it is certainly not too late to buy the stock, otherwise we wouldn’t be interested in it. With respect to the fundamentals it is liked here by AlphaNorth Capital’s Steve Palmer for the reasons stated briefly in his recent article looking at 3 Small Caps that he favors.
We’ll now see what the charts have to say about it. On an 18-month log chart we can see all of the action in the stock since its inception, and the log chart has the advantage that it opens out the recent base pattern that has just completed, so that we can examine clearly what has been going on. As we can see, the severe decline through most of last year led into a fine large Head-and-Shoulders bottom formation that it started to break out of only a week ago. It didn’t hold a clear breakout and has dipped back to support at the upper boundary of the base pattern. This of course was partly due to the broad stockmarket diving, but as far as its chart is concerned it was due to a still challenging moving average alignment – we have yet to see a cross of the moving averages and the 200-day is still falling steeply – basically it needs a little more time, which is why it reacted back. Additional bullish points to observe on this chart are the high volume on the breakout move – the highest for about 10 months – which is bullish, the now climbing Accum-Distrib line, also positive and the improving momentum which has swung from negative to positive.
https://www.clivemaund.com/charts/dxd18month040318.jpg
The 3-month chart is valuable here as it enables us to see recent action in much more detail. Observe first the heavy volume when it broke out of the Head-and-Shoulders bottom about a week ago, which is bullish, and it is thanks to the broad market drop and still challenging moving average alignment, as mentioned above, that it has dropped back to what is considered to be a good entry point, given that we missed the opportunity to buy it near to the Right Shoulder low of the H&S pattern. Two factors that we can see to advantage on this chart which strongly suggest that it will turn higher from here are that it has reacted back to support at the January highs and the upper boundary of the entire base pattern, and also that volume has shrunk back to a very low level as it has reacted back, suggesting that there are few sellers at lower prices, because holders do not want to sell, for good reason. It could react back a little further but it is considered more likely that it will advance from here.
https://www.clivemaund.com/charts/dxd3month040318.jpg
Conclusion: 3D Signatures is viewed as a strong buy here for a resumption of its advance to complete its breakout from its large Head-and-Shoulders bottom pattern, which should usher in a major bullmarekt advance in this stock. The company’s stock trades in rather light volumes on the US OTC market, which are expected to improve as it advances.
3D Signatures website
3D Signatures Inc, DXD.V, TDSGF on OTC, closed at C$0.33, $0.252 on 2nd March 18.
3D Signatures Reports Quarter Ended December 31, 2017 Financial Results
TORONTO, March 01, 2018 (GLOBE NEWSWIRE) -- 3D Signatures Inc. (TSXV:DXD) (OTCQB:TDSGF) (FSE:3D0) (the "Company" or "3DS"), a personalized medicine company with a proprietary software platform based on the three-dimensional analysis of chromosomal signatures, today reported operational and financial results for its fiscal second quarter ended December 31, 2017. 3DS also announced that it has terminated its investor relations services agreement with Terry Bramhall of Clearcut communications.
Second Quarter Operational Highlights
The primary operational milestones achieved in the Company’s second financial quarter of 2018 include completion of the clinical study component of its Telo-HLTM validation program, announced October 10, 2017, as well as two non-brokered private placements totaling $2,622,673, announced October 4th and December 5th, 2017. 3DS also announced on October 10, 2017, that two new patents governing high-resolution imaging in cancer progression and the stratification of Alzheimer’s patients had been issued by the United States Patent and Trademark Office.
Telo-HLTM is intended to provide clinicians with the first biomarker to identify the 15% - 20% of new Hodgkin’s lymphoma patients who will likely fail standard chemotherapy, and who should immediately be considered for more advanced treatment or inclusion into clinical trials to access emerging treatments such as immunotherapies. The Company believes that Telo-HLTM could provide several advantages to patients and healthcare system payers, including potentially indicating new treatment options, enabling shortened treatment cycles, reducing complications from ineffective treatments and allowing for treatment cost savings.
Subsequent to the end of the quarter, on February 20, 2018, the Company announced positive topline results from its Telo-HLTM study. Preliminary third-party analysis of the study data for Telo-HLTM shows that the Company’s TeloViewTM platform is able to distinguish, with a high degree of statistical significance, multiple differences between a patient group that responds to standard ABVD chemotherapy, and a group that relapses or is refractory to treatment within the first 12 months.
Six Month Financial Summary
Through efforts that are still ongoing, the Company significantly reduced its monthly burn rate and recorded a net loss of $2,621,655 ($0.05 per Common Share) for the six months ended December 31, 2017 compared to $4,976,684 ($0.13 per Common Share) for the six months ended December 31, 2016.
As at December 31, 2017, the Company had cash resources of $1,422,134 compared to $1,200,395 as at June 30, 2017. As at December 31, 2017 the Company had working capital of $1,016,957 compared to working capital of $1,329,408 as at June 30, 2017.
The Company’s financial statements and management’s discussion and analysis are available on www.sedar.com.
About 3DS
3DS (TSX-V:DXD) (OTCQB:TDSGF) (FSE:3D0) is a personalized medicine company with a proprietary software platform, TeloView™, that is designed to predict the course of certain diseases and to tailor treatment options for the individual patient. The technology is based on the three-dimensional analysis of telomeres, the protective caps at the ends of chromosomes. 3DS’ TeloView™ software platform measures the organization of the genome and its correspondence to; the stage of a given disease, the rate of progression of the disease, how different diseases will respond to various therapies, and a drug’s efficacy and toxicity. 3DS’ proprietary imaging software is designed to go beyond identifying whether a patient suffers from a specific disease or condition. Instead, the TeloViewTM platform is designed to inform clinicians and patients with respect to how to personalize treatment and best manage an individual’s disease based on their unique TeloView ScoreTM. As healthcare moves increasingly toward better informed, patient-centric approaches, the Company intends for the TeloViewTM platform to deliver personalized medicine that allows for better treatments, leading to better outcomes.
The TeloViewTM platform is supported by 25 clinical studies involving more than 3,000 patients and 20 different cancers, plus Alzheimer’s disease. 3DS benefits from twenty years of research, $25M of non-dilutive investment into its platform and more than 130 supporting publications, and holds a portfolio of patents related to three-dimensional telomere analysis for proliferative diseases, including (but not limited to) hematological disorders such as Hodgkin's lymphoma, multiple myeloma, and chronic myeloid leukemia. 3DS’ intellectual property portfolio also covers prostate cancer, breast cancer, lung cancer, melanoma, colorectal cancer, and Alzheimer disease.
For more information, visit the Company’s website at: http://www.3dsignatures.com.
For further information, please contact:
Jason Flowerday
CEO & Director
416-673-8487
investors@3dsignatures.com
Can a Simple Test Really Predict Whether a Cancer Treatment Will Succeed?
Source: Streetwise Reports (2/20/18)
http://bit.ly/2BDIbBs
Imagine if a simple test of a blood or tissue sample could predict whether the standard treatment of care for a cancer would be effective. That day appears to be near for patients with Hodgkin's lymphoma.
Teloview
Doctors know that for people with Hodgkin's lymphoma, the standard treatment—ABVD chemotherapy—will fail in roughly 15-20% of patients.
But the trick is knowing which 15 or 20 people out of 100 fall into that group.
Having that knowledge would save patients from going through debilitating and costly chemotherapy treatments, only to relapse. It would allow oncologists to treat those patients initially with targeted therapy that's appropriate for them before their bodies are weakened by unsuccessful first-line chemotherapy.
Such a test for Hodgkin's lymphoma is being developed by Toronto-based 3D Signatures Inc. (DXD:TSX.V; TDSGF:OTCQB; 3D0:FSE).
Telomeres, located at the tips of each chromosome, are protective regions of DNA. 3D Signatures notes that the "3D organization of telomeres within a given cell is highly predictive of the disease status of the patient."
Using the company's TeloViewTM platform, which is a proprietary biomarker-based approach to personalized medicine, the Telo-HLTM test for Hodgkin's Lymphoma has been in trials.
"I like the fact that 3DS has a platform technology. It has applications for various diseases and medical conditions." – Steve Palmer, AlphaNorth Asset Management
3D Signatures has just announced that preliminary analysis of trial data for Telo-HLTM confirms what was seen in previous small-scale studies, and shows the "TeloViewTM platform is able to distinguish, with a high degree of statistical significance, multiple differences between a patient group that responds to standard ABVD chemotherapy, and a group that relapses or is refractory to treatment within the first 12 months."
Using specimens from more than 400 Hodgkin's patients in Canada and Europe, who were treated with ABVD, the three-part process included "a wet lab co-immuno-telomeres FISH assay, 3-dimensional imaging (with identification of 30 Hodgkin and 30 Reed-Sternberg cells), followed by TeloView™ software analysis."
3D Signatures shared the results with its statistical partner BioStat Solutions Inc., which "compared the TeloViewTM data with the corresponding clinical outcomes for patients, and identified highly significant group differences across multiple TeloViewTM parameters."
Ronald Bromley, CEO of BSSI, stated,"BSSI is excited to be collaborating with 3DS, helping them ensure the quality of the data being used is to the highest standards, and that they are poised to deliver the best possible analysis of this predictive technology for HL treatment."
Jason Flowerday, CEO of 3D Signatures, noted, "We believe that these results from the application of our TeloViewTM platform to Hodgkin's lymphoma are so strong, the Company will now even more confidently proceed with developing the final scoring model for its Telo-HLTM test to predict response at the individual patient level."
"This is great news for the Telo-HLTM program, and we remain on track to complete all phases of the test development and analytical validation by April 2018," Flowerday added.
"I expect 3DS' shares to advance in lockstep with the company's development of their telomere technology." – Daniel Carlson, Tailwinds Research Group
According to the National Institutes of Health, there are more than 200,000 patients living with Hodgkin's lymphoma in the U.S.; an estimated 200,000 new cases arise each year globally, of which 30,000 are in North America and the European Union. The medical cost for a relapsing patient in the U.S. is approximately $400,000, compared to $90,000 for a non-relapsing patient.
The company also announced that it intends to submit the pending final results from this Telo-HLTM development trial to a highly reputable clinical journal for peer-review and publication in the second half of 2018.
3D Signatures is also developing similar tests on its TeloViewTM platform for a number of much more prevalent cancers, including prostate cancer, lung cancer and multiple myeloma as well as possible diagnostic test for Alzheimer's Disease.
3D Signatures is on the investment radar of AlphaNorth Asset Management. Steve Palmer, AlphaNorth's chief investment officer, told Streetwise Reports, "One of the key things I look for in an investment is a company that has something that is proprietary and a strong growth profile."
On 3D Signatures, Palmer said, the company "has a platform technology that analyzes a component of a person's DNA called telomeres and then is potentially able to predict the outcome of various medical treatments. I like the fact that it's a platform technology. It has applications for a wide variety of diseases and medical conditions. Also, the timeline to have a commercial product is much shorter and lower risk than a traditional biotech company developing a new drug."
Daniel Carlson of Tailwinds Research Group noted on Jan. 5 that "3DS is poised to enter into several partnerships for its interesting technology. Meanwhile, the stock's valuation discounts all success. I expect shares to advance in lockstep with the company's development of their telomere technology and for 2018 to mark a dramatic turnaround for the Company."
Read what other experts are saying about:
3D Signatures Inc.
Want to read more about Life Sciences Tools & Diagnostics? Sign up to receive the FREE Streetwise Reports' newsletter.
Newsletter Sign-Up
your email address
SUBSCRIBE
Disclosure: Patrice Fusillo compiled this article for Streetwise Reports LLC and provides services to Streetwise reports as an employee. She or members of her household own securities of the following companies mentioned in the article: None. She or members of her household are paid by the following companies mentioned in this article: None.
2) The following company mentioned in this article is a billboard sponsor of Streetwise Reports: 3D Signatures. Streetwise Reports does not accept stock in exchange for its services. Click here for important disclosures about sponsor fees.
3) Comments and opinions expressed are those of the specific experts and not of Streetwise Reports or its officers. The information provided above is for informational purposes only and is not a recommendation to buy or sell any security.
4) The article does not constitute investment advice. Each reader is encouraged to consult with his or her individual financial professional and any action a reader takes as a result of information presented here is his or her own responsibility. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. This article is not a solicitation for investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company mentioned on Streetwise Reports.
5) From time to time, Streetwise Reports LLC and its directors, officers, employees or members of their families, as well as persons interviewed for articles and interviews on the site, may have a long or short position in securities mentioned. Directors, officers, employees or members of their immediate families are prohibited from making purchases and/or sales of those securities in the open market or otherwise from the time of the interview or the decision to write an article, until one week after the publication of the interview or article. As of the date of this article, officers and/or employees of Streetwise Reports LLC (including members of their household) own securities of 3D Signatures, a company mentioned in this article.
Additional Disclosures
For a list of disclaimers and disclosures for Tailwind Research Group, please click here.
Funds controlled by AlphaNorth Asset Management hold shares of 3D Signatures
Blue Moon Announces Closing of $520,000 Financing
Canada NewsWire
VANCOUVER, Feb. 14, 2018
Blue Moon Zinc Corp. (TSXV: MOON; US OTC: BMOOF) (the "Company") announces the Company has closed a non-brokered private placement of $520,000 at a price of $0.10 per unit (the "Unit") with each Unit consisting of one common share and one common share purchase warrant (a "Warrant"). Each warrant shall entitle the holder thereof to acquire one common share at a price of $0.15 per share for a period of 24 months. Officers and directors purchased 27% of the financing. All common shares issued are subject to a hold period expiring four months and one day from closing in accordance with applicable securities laws. A finder's fee of $5,500 was paid in connection with the financing.
Patrick McGrath, Chief Executive officer, stated, "The proceeds will be used to advance the Company's wholly-owned Blue Moon zinc project including finalizing the drill permit for the anticipated drill program and general working capital and continued marketing efforts."
In the event the closing price of the Company's common shares exceeds $0.22 per share for ten consecutive trading days, the Company may accelerate the date of the Warrants by giving notice to the holders thereof and in such case the Warrants will expire on the 30th day after the day on which such notice is given by the Company.
The Company also granted 200,000 stock options to consultants, each option being exercisable for a five-year term at a price of $0.11 per common share. The options are governed by the terms and conditions of the Company's stock option plan.
About Blue Moon
The Company owns 100% of the Blue Moon polymetallic zinc deposit with significant credits of copper, silver and gold. The deposit is open at depth and along strike and historical metallurgical testing indicates excellent recovery and a clean zinc concentrate. A NI 43-101 report detailing the resource and summarizing metallurgical recoveries is available on the company's website (www.bluemoonmining.com) and filed on SEDAR on November 13, 2017. The Company plans to advance the Blue Moon project through to feasibility, permitting and ultimately production.
SOURCE Blue Moon Zinc Corp.
View original content: http://www.newswire.ca/en/releases/archive/February2018/14/c1756.html
Contact:
Patrick McGrath, CEO, 1-832-499-6009, pmcgrath@bluemoonmining.com; For additional information related to communications, media relations and investor relations please contact:
Terry Bramhall, 1-604-833-6999, tbramhall@bluemoonmining.com
Zinc Prices Climbed 7 Percent in January on Supply Fears
Supply worries, declining stockpiles and a weaker US dollar have supported prices for the base metal, and it continues to attract investor attention.
The base metal started the year at a decade high, trading at $3,352 per tonne, and continued its uptrend throughout the month, closing January at $3,589.
Zinc inventories hit a 10-year low last month, fueling concerns about supply. In fact, Reuters reported that shortages of refined metal have seen stocks in LME-approved warehouses fall to their lowest since 2008.
“Prices will stay elevated because we have a market deficit that requires inventory drawdown,” Societe Generale (EPA:GLE) analyst Robin Bhar said at the time.
Similarly, ING (NYSE:ING) analyst Warren Patterson expects the zinc market to be “fairly tight” at least for the first half of the year, as investors’ fears over shrinking supply and a lack of new mine production continue to increase.
According to Wood Mackenzie, zinc mine supply is forecast to grow by 664,000 tonnes this year, following an estimated increase of 785,000 tonnes in 2017.
“However, the extremely strong growth in mine supply in 2017 and 2018 is insufficient to replenish global stocks of concentrate which are forecast to remain at critically low levels,” the firm said last month.
As a result, Wood Mackenzie expects a deficit of 350,000 tonnes this year and 150,000 tonnes in 2019.
Meanwhile, a weaker US dollar, now at three-year lows, has also supported zinc. That’s because a softer greenback makes commodities priced in dollars cheaper for investors using other currencies.
In terms of demand, FocusEconomics analysts forecast an increase this year due to expected higher demand in markets including China, the European Union and the US.
“The trend of higher prices is set to continue as efforts by the Chinese government to crackdown on environmental pollution and improve mine safety has severely disrupted production,” analysts at the organization said.
Firms recently polled by FocusEconomics expect zinc prices to remain high throughout the first half of the year. They estimate that the average zinc price will be $3,170 in Q1 2018.
The most bullish forecast for the quarter comes from TD Economics, which is calling for a price of $3,475; meanwhile, Danske Bank (CPH:DANSKE) is the most bearish with a forecast of $2,800.
Don’t forget to follow us @INN_Resource for real-time news updates!
Blue Moon Zinc Interview with CEO, Patrick McGrath
Check out this straightforward interview with Blue Moon Zinc CEO Patrick McGrath.
http://bit.ly/2EK1h8z
Published on Feb 5, 2018
Blue Moon Zinc
http://bluemoonmining.com
TSX-V: MOON | OTCPink: BMOOF
Patrick McGrath
Chief Executive Officer & Director
http://twitter.com/BlueMoonZinc
http://facebook.com/bluemoonzinc
Zinc price will vault $4,000 within months – report
Frik Els 2018,
Zinc price will vault $4,000 within months – report
Reasons to be cheerful. Shift change at the George Fisher underground zinc mine in Australia. Source: Glencore
Zinc pulled back on Wednesday to below $3,400 a tonne, but stayed within shouting distance of the best levels since August 2007 as worries about global stocks of the metal, mainly used in galvanizing steel, continue to support prices.
In a research report consultants Wood Mackenzie said the combination of scheduled mine closures, top producer Glencore's strategic cuts and the impact of environmental inspections in China has depleted global stocks of concentrate.
According to the report global zinc stockpiles fell by a third in 2017 to 1.8 million tons, equivalent to 47 days of global usage. Exchange stocks halved from 500kt to 250kt (equivalent to just 6 days of global consumption) over the same period.
By the end of the second quarter, there will be less than 40 days’ of stock available for consumers; "a critically low level" according to the authors which should propel prices to $4,000 a tonne in the third quarter of this year.
Zinc price will vault $4,000 within months – report However, says Woodmac, zinc has the potential to rally even further:
"As the rapid escalation of the price thus far in 2018 has demonstrated, there is a strong possibility that investor
enthusiasm will pre-empt the tightness in the refined market and the cyclical peak in the price could be higher and sooner than
our base case assumption of a Q1 2019 average of $4,100/t."
Zinc has more than doubled since hitting multi-year lows in January 2016 when top producer Glencore curtailed production to shore up prices.
In December, Glencore said it would restart its Lady Loretta mine in the first half of this year, but added that it still expects zinc output to decrease slightly in 2018 to a shade under 1.1 million tonnes. In 2019, Glencore sees its zinc output creeping back up to 1.16 million tonnes.
Overall global zinc supply is to increase with additional capacity coming online in Australia (MMG's Dugald River project) and South Africa (Vedanta's Gamsberg mine).
Zinc hits two-week high on shortages, gains in steel prices
http://reut.rs/2iHmNB0
By Eric Onstad
LONDON, Nov 22 (Reuters) - Zinc climbed to its highest in two weeks on Wednesday on persistent concern about shortages and after Chinese steel futures rallied.
The zinc market is tight, with treatment charges (TCs) at low levels, an indication that concentrate supplies are thin, said Robin Bhar, head of metals research at Societe Generale.
“I still think prices need to stay at this level to get more supply. Spot TCs are still low, they haven’t picked up, so there’s a need to incentivise more supply,” he said.
* STEEL RALLY: Zinc, mainly used for galvanizing steel, got support after Chinese steel futures rallied for a third straight session.
Sentiment on zinc was also bullish at the China Lead and Zinc Week gathering in Shenzhen, participants said.
* ZINC DEFICIT: The global zinc market deficit widened to 39,800 tonnes in September from a revised deficit of 38,700 tonnes in August, data showed.
Streetwise Reports Features BLUE MOON ZINC CORP. November 13th 2017
Blue Moon Zinc Corp. (MOON:TSX.V; BMOOF:OTC) also is looking to fill the zinc supply gap with the exploration of the Blue Moon zinc mine in California. The mine saw production during World War II, and in the 1980s and 1990s had advanced stage exploration conducted. A Sept. 14 article in Streetwise Reports focused on the historical data for the project. Subsequently, the company released an updated mineral resource estimate on Oct. 3.
CEO Patrick McGrath announced the "The updated Mineral Resource contains an estimated 377 million pounds of zinc in the Indicated Mineral Resource category and a further 395 million pounds of zinc in the Inferred Mineral Resource category, both at a conservative 4.0% ZnEq cut-off grade." The company has noted that these numbers represent a 20% increase in the Indicated category and a 23% increase in the Inferred category.
McGrath noted that "the Mineral Resource update coupled with prior metallurgical testing by Lakefield Research in 1998 (now SGS) which indicated excellent recovery and a clean concentrate, gives us confidence to proceed with the Preliminary Economic Assessment (PEA) of the Blue Moon deposit."
And so, the company is moving ahead with the PEA with all due haste. Blue Moon announced that it has engaged Mine Development Associates (MDA) to carry out the PEA. The firm has experience in California: MDA co-authored in 2015 a feasibility study for Golden Queen's Soledad Mountain mine in Southern California, which went into production in late 2016. Blue Moon's PEA is expected in Q1 2018.
Technical analyst Clive Maund of CliveMaund.com in June wrote, "fundamentally and technically the outlook for Savant Explorations (now Blue Moon Zinc Corp.) is good. This is primarily a zinc stock with the company advancing its Blue Moon project in California that also has significant quantities of gold, silver and copper."
On Sept. 24, Maund noted, "the zinc price is buoyant and is expected to remain so, especially when commodities as a whole advance as the dollar tanks, after its expected 'dead cat' bounce."
On Oct. 13, Clive Maund wrote, "Blue Moon is a rated a buy again here and especially if it should drop a bit further to the 5 cent level. It could zig-zag around for a while in this area marking out a small base pattern before advancing anew."
Blue Moon Engages MDA for Preliminary Economic Assessment
Canada NewsWire
VANCOUVER, Oct. 10, 2017
VANCOUVER, Oct. 10, 2017 /CNW/ - Blue Moon Zinc Corp.
(TSXV: MOON; US OTC: BMOOF)
(the "Company") is pleased to announce it has engaged Mine Development Associates, Inc. ("MDA") to carry out a Preliminary Economic Assessment ("PEA") of the Blue Moon zinc project in the foothills of California. MDA is an independent and internationally recognized engineering firm based in Reno, Nevada. Completion of the PEA is expected in the first quarter of 2018.
The updated NI 43-101 Mineral Resource estimate announced on October 3, 2017 saw a 20% increase in the indicated zinc resource to 377 million pounds of zinc and a 23% increased in the inferred zinc resource to a total of 395 million pounds of zinc, using a 4% zinc equivalent cut-off grade. The updated Mineral Resource estimate will be utilized in the PEA.
Patrick McGrath, Chief Executive Officer, stated "We are confident in MDA's experience to develop a high quality technical report that will provide our shareholders with a preliminary analysis of Blue Moon's economic potential. MDA has a solid reputation and has worked extensively in the western United States. We believe the Blue Moon project represents an excellent near-term development project for our shareholders." MDA's past clients include Golden Queen where MDA co-authored a 2015 feasibility study for the Soledad Mountain mine in Southern California that went into commercial production in December 2016. MDA will be assisted in the PEA by Samuel Engineering, an independent engineering firm based in Denver, Colorado.
The Blue Moon zinc deposit had modest production during World War II with approximately 56,000 tons mined at 12% zinc. Advanced stage work continued during the 1980s and 1990s by mid-tier producers Imperial Metals and Boliden, including scoping and optimization studies, metallurgy testing, baseline work and culminated in the granting of a permit issued by the local Californian County to build a shaft for underground development in 1991. The permit has since lapsed but the past production and historical issuance of permits signifies the local County's past support of the project's development.
The Blue Moon team includes two members with comprehensive knowledge of mining in California including building and revitalizing mines. Lutz Klingmann permitted, built and brought into commercial production the Soledad Mountain mine as Chief Executive Officer of Golden Queen and Lawrence O'Connor restarted the Mesquite mine as VP Operations of Western Goldfield (now New Gold).
About Blue Moon
The 100% owned Blue Moon polymetallic deposit has a Mineral Resource estimate of 3.7 million tons with a grade of 8.3% zinc equivalence including approximately 377 million pounds of zinc in the Indicated category and 4.1 million tons with a grade of 7.8% zinc equivalence including approximately 395 million pounds of zinc in the Inferred category with significant credits of copper, silver and gold. The resource is open at depth and along strike and historical metallurgical testing indicates excellent recovery and a clean zinc concentrate. A NI 43-101 report detailing the resource and summarizing metallurgical recoveries will be available on the company's website (www.bluemoonmining.com) and on SEDAR within 45 days of October 3, 2017. The Company plans to advance the Blue Moon project through to feasibility, permitting and ultimately production.
Qualified Persons
Jack McClintock, P. Eng, a Director of the Company, is a qualified person as defined by NI 43-101, has reviewed the scientific and technical information that forms the basis for this press release.
Mineral Resources are not Mineral Reserves and do not have demonstrated economic viability. There is no certainty that all or any part of mineral resources will be converted to mineral reserves. Inferred Mineral Resources are based on limited drilling which suggests the greatest uncertainty for a resource estimate and that geological continuity is only implied. Additional drilling will be required to verify geological and mineralization continuity and there is no certainty that all of the inferred resources will be converted to measured and indicated resources. Quantity and grades are estimates and are rounded to reflect the fact that the resource estimate is an approximation.
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. This release includes certain statements that may be deemed to be forward-looking statements. All statements in this release, other than statements of historical facts that address the Company's intention with the Blue Moon project, access to capital, regulatory approvals, exploration and development drilling, exploitation and development activities and events or developments that the Company expects are forward-looking statements. 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. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, continuity of mineralization, uncertainties related to the ability to obtain necessary permits, licenses and title and delays due to third party opposition, changes in government policies regarding mining and natural resource exploration and exploitation, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Readers are cautioned not to place undue reliance on this forward-looking information, which is given as of the date it is expressed in this press release, and the Company undertakes no obligation to update publicly or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. For more information on the Company, investors should review the Company's continuous disclosure filings that are available at www.sedar.com.
SOURCE Blue Moon Zinc Corp.
View original content: http://www.newswire.ca/en/releases/archive/October2017/10/c6839.html
Contact:
Patrick McGrath, CEO, 1-832-499-6009, pmcgrath@bluemoonmining.com;
For additional information related to communications, media relations and investor relations please contact:
Terry Bramhall, 1-604-833-6999, tbramhall@bluemoonmining.com
Blue Moon Announces Updated Mineral Resource Estimate
Canada NewsWire
VANCOUVER, Oct. 3, 2017
VANCOUVER, Oct. 3, 2017 /CNW/ -
Blue Moon Zinc Corp. (TSXV: MOON; US OTC: BMOOF)
(the "Company") is pleased to announce a Mineral Resource update for its 100% owned Blue Moon zinc deposit. The deposit now comprises 3.7 million tons in the Indicated Mineral Resource category grading 8.3% zinc equivalent ("ZnEq") and 4.1 million tons of Inferred Mineral Resources grading 7.8% ZnEq, both at a 4.0% ZnEq cut-off grade.
Patrick McGrath, Chief Executive Officer, stated, "The updated Mineral Resource contains an estimated 377 million pounds of zinc in the Indicated Mineral Resource category and a further 395 million pounds of zinc in the Inferred Mineral Resource category, both at a conservative 4.0% ZnEq cut-off grade. The Mineral Resource update coupled with prior metallurgical testing by Lakefield Research in 1998 (now SGS) which indicated excellent recovery and a clean concentrate, gives us confidence to proceed with the Preliminary Economic Assessment of the Blue Moon deposit."
There is a high likelihood the deposit continues at depth as the mineralized zones are near vertical and the deepest holes in the resource end in mineralization. Several historical exploration holes drilled below the resource intersected significant zinc grades. Blue sky potential also exists along strike to find another "Blue Moon" style deposit as polymetallic massive sulphide deposits are often found in pods or clusters. Induced polarization ("IP") and soil anomalies along strike indicate there's a high probability further polymetallic deposits exist within the Company's mineral rights. The Company expects to commence a drilling program in 2018.
Updated Blue Moon Indicated Mineral Resources:
Cutoff
Tons >
Grade > Cutoff
Contained Metal (Millions)
ZnEq
Cutoff
Zn
Cu
Ag
Au
Pb
ZnEq
lbs
lbs
lbs
Ozs
ozs
%
(tons)
%
%
oz/t
oz/t
%
%
Zn
Cu
Pb
Ag
Au
1
6,210,000
3.60
0.40
0.88
0.02
0.17
5.88
447
50
21
5.5
0.1
2
5,220,000
4.12
0.46
1.01
0.03
0.19
6.72
430
48
19
5.3
0.1
3
4,220,000
4.73
0.53
1.16
0.03
0.22
7.74
399
45
18
4.9
0.1
4
3,700,000
5.09
0.57
1.25
0.03
0.23
8.33
377
42
17
4.6
0.1
5
3,160,000
5.50
0.62
1.35
0.04
0.25
8.99
348
39
16
4.3
0.1
6
2,620,000
6.00
0.66
1.43
0.04
0.27
9.71
314
35
14
3.8
0.1
7
2,130,000
6.53
0.71
1.46
0.04
0.29
10.45
278
30
12
3.1
0.1
8
1,660,000
7.11
0.77
1.49
0.04
0.29
11.28
236
25
10
2.5
0.1
Updated Blue Moon Inferred Mineral Resources:
Cutoff
Tons >
Grade > Cutoff
Contained Metal (Millions)
ZnEq
Cutoff
Zn
Cu
Ag
Au
Pb
ZnEq
lbs
lbs
lbs
ozs
ozs
%
(tons)
%
%
oz/t
oz/t
%
%
Zn
Cu
Pb
Ag
Au
1
12,140,000
2.40
0.23
0.67
0.02
0.17
4.00
582
56
41
8.1
0.2
2
7,840,000
3.25
0.27
0.95
0.03
0.24
5.40
509
42
37
7.5
0.2
3
5,160,000
4.20
0.32
1.25
0.03
0.32
6.93
434
33
32
6.4
0.2
4
4,090,000
4.82
0.35
1.41
0.04
0.35
7.84
395
28
29
5.8
0.2
5
3,330,000
5.39
0.38
1.53
0.04
0.38
8.61
359
25
25
5.1
0.1
6
2,710,000
5.91
0.40
1.64
0.04
0.41
9.32
320
22
22
4.4
0.1
7
2,060,000
6.55
0.43
1.80
0.04
0.44
10.21
270
18
18
3.7
0.1
8
1,430,000
7.32
0.46
2.12
0.05
0.49
11.41
209
13
14
3.0
0.1
The Mineral Resource is based on 1,540 assay results from 82 diamond drill holes, totaling 111,250 feet (33,900 meters) of drilling.
Zinc Equivalents (ZnEq)
The Mineral Resource has been stated in terms of ZnEq. The ZnEq formula and the underlying parameters used in its formulation are set out below.
Metal
Price (US$)
Recovery (%)
Factor
Zinc
1.30/lb
95
24.70
Silver
17.00/oz
65
11.05
Copper
3.00/lb
93
55.80
Gold
1,250.00/oz
70
875.00
Lead
1.00/lb
95
19.00
The metal prices and the recoveries selected represent reasonable estimates of long term metal prices and potential recoveries of metal in concentrate. The Mineral Resource estimate is summarized above at a range of ZnEq cut-off grades. The equation to calculate ZnEq is as follows:
ZnEq = (Zn%*24.70 + Cu % * 55.80 + Pb% * 19.00 + Ag(oz/t) * 11.05 + Au(oz/t) * 875.00) / 24.70
Qualified Persons
The Qualified Person ("QP") for the Mineral Resource estimate is Gary Giroux, P.Eng., who is independent to the Company. The Mineral Resource estimate has been prepared under the guidelines of National Instrument 43-101 ("NI 43-101") for reporting of Mineral Resources.
A technical report on the new resource estimate will be filed on SEDAR at www.sedar.com and on the Company's website at www.bluemoonmining.com within 45 days of the issuance of this press release. The co-author of the NI 43-101 is Lawrence O'Connor, a QP. Mr. Lawrence is a technical advisor to the Company and is not considered independent. Mr. Giroux and Mr. O'Connor have reviewed the scientific and technical information that forms the basis for this press release.
About Blue Moon
The 100% owned Blue Moon polymetallic deposit has a Mineral Resource estimate of 3.7 million tons with a grade of 8.3% zinc equivalence including approximately 377 million pounds of zinc in the Indicated category and 4.1 million tons with a grade of 7.8% zinc equivalence including approximately 395 million pounds of zinc in the Inferred category with significant credits of copper, silver and gold. The resource is open at depth and along strike and historical metallurgical testing indicates excellent recovery and a clean zinc concentrate. A NI 43-101 report detailing the resource and summarizing metallurgical recoveries will be available on the company's website (www.bluemoonmining.com) and on SEDAR.
The Company plans to advance the Blue Moon project through to feasibility and permitting.
Mineral Resources are not Mineral Reserves and do not have demonstrated economic viability. There is no certainty that all or any part of mineral resources will be converted to mineral reserves. Inferred Mineral Resources are based on limited drilling which suggests the greatest uncertainty for a resource estimate and that geological continuity is only implied. Additional drilling will be required to verify geological and mineralization continuity and there is no certainty that all of the inferred resources will be converted to measured and indicated resources. Quantity and grades are estimates and are rounded to reflect the fact that the resource estimate is an approximation.
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. This release includes certain statements that may be deemed to be forward-looking statements. All statements in this release, other than statements of historical facts that address the Company's intention with the Blue Moon project, access to capital, regulatory approvals, exploration and development drilling, exploitation and development activities and events or developments that the Company expects are forward-looking statements. 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. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, continuity of mineralization, uncertainties related to the ability to obtain necessary permits, licenses and title and delays due to third party opposition, changes in government policies regarding mining and natural resource exploration and exploitation, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Readers are cautioned not to place undue reliance on this forward-looking information, which is given as of the date it is expressed in this press release, and the Company undertakes no obligation to update publicly or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. For more information on the Company, investors should review the Company's continuous disclosure filings that are available at www.sedar.com.
SOURCE Blue Moon Zinc Corp.
View original content: http://www.newswire.ca/en/releases/archive/October2017/03/c8180.html
Contact:
Patrick McGrath, CEO,
1-832-499-6009, pmcgrath@bluemoonmining.com;
For additional information related to communications, media relations and investor relations please contact:
Terry Bramhall, 1-604-833-6999, tbramhall@bluemoonmining.com
3D SIGNATURES REPORTS FINANCIAL RESULTS FOR 2017
3D Signatures Inc (TSX-V:DXD) (OTCQB:TDSGF) (FSE:3D0)
Shares Issued 46,445,199
Last Close 10/24/2017 $0.28
Tuesday October 24 2017 - News Release
Mr. Jason Flowerday reports
3D SIGNATURES REPORTS FINANCIAL RESULTS FOR 2017
3D Signatures Inc. has released its operational and financial results for its fiscal year ended June 30, 2017.
The Company recorded a net loss of $9,913,401 ($0.21 per Common Share) in the year ended June 30, 2017 and $1,758,719 ($0.07 per Common Share) in the year ended June 30, 2016. In the three months ended June 30, 2017, the net loss was $2,764,895 ($0.05 per Common Share) as compared to $510,877 ($0.02 per Common Share) in the three months ended June 30, 2016. The increase in the net loss was primarily due to an increased wage expense for both clinical staff and management. Stock based compensation, costs associated with the listing of the Company's stock on the TSXV and ongoing expenses relating to the Company's operations as a reporting issuer also contributed to the increased net loss.
"This past year was a transitional one. We stayed on schedule and accomplished a lot, most importantly staying on track with our key clinical trial in Hodgkin's lymphoma," stated Jason Flowerday, CEO of 3DS. "That said we have and continue to reorganize our budget significantly, reducing and prioritizing expenditures to ensure sustainable operations going forward. The Company is extremely focused on initiating the commercial launch of its Hodgkin's lymphoma test as an LDT in Q1 2018," added Mr. Flowerday.
Fiscal 2017 Corporate Highlights,
On September 8, 2016, 3DS (formerly Plicit Capital Corp. ("Plicit") announced the completion of its qualifying transaction and reverse takeover, as that term is defined in the policies of the TSX Venture Exchange ("TSXV"), approved by the TSXV. The shareholders of the acquired company, 3D Signatures Inc., received 4.0376 shares of 3DS for each one of Plicit's shares.
On September 8, 2016, 3D Signatures Inc. (now 3D Signatures Holdings Inc.) became a wholly owned subsidiary of Plicit and Plicit changed its name to 3D Signatures Inc.
On September 13, 2016, 3DS started trading on the TSXV under the symbol DXD.V.
On September 27, 2016, 3DS appointed Jason Flowerday, B.Sc, MBA as the Company's Chief Executive Officer and concurrent appointment to the Company's Board of Directors, to lead the Company's commercialization efforts and capital markets strategy.
On October 19, 2016, 3DS announced its participation in a major clinical trial for prostate cancer diagnosis and management, known as PRECISE.
On October 27, 2016, the Company introduced the Company's Business Advisory Board ("BAB"), consisting of senior biotech industry executives.
On November 14, 2016, the Company introduced the Company's Clinical and Scientific Advisory Board ("CSAB"), comprised of physicians and researchers.
On December 5, 2016, the Company announced the appointment of Mr. Nigel Terrett to the BAB.
On December 6, 2016, 3DS presented the preliminary results of an important collaborative initiative between the Company and the Institut universitaire de cardiologie et de pneumologie de Quebec, exploring the possibility of identifying a biological marker to distinguish between two forms of lung cancer.
On December 9, 2016, the Company announced that Helen Stevenson was appointed to the Board of Directors, replacing Dr. Ian Smith, who stepped down from the Board of Directors and joined the Company's CSAB.
On December 16, 2016, 3DS announced the closing of a private placement for 5,187,618 units sold at a price per unit of $0.75 for total gross proceeds to the Company of $3,890,714, including the partial exercise of the over-allotment option, granted in connection with the private placement.
On December 22, 2016, 3DS announced that it had issued an additional 215,300 units pursuant to the second tranche of the private placement, which were sold at $0.75 per unit for gross proceeds to the Company of $161,475 pursuant to the partial exercise of the over-allotment option.
On December 22, 2016, 3DS also announced that it had retained Kilmer Lucas Inc. to provide Canadian and U.S. investor relations and strategic advisory services.
On January 4, 2017, 3DS announced that its common shares (the "Common Shares") had started trading on the OTCQB Venture Market ("OTCQB") in the United States under the symbol "TDSGF" and on the Frankfurt Stock Exchange in Germany under the symbol "3D0". As well, the Company announced that it had secured Depository Trust Company ("DTC") eligibility for its Common Shares listed on the OTCQB, which made the securities eligible to be electronically cleared and settled through the DTC, speeding up the receipt of stock and cash and accelerating the settlement process for investors.
On January 6, 2017, 3DS announced the issuance of an additional 597,082 units pursuant to the third tranche of the Company's previously discussed private placement, which were sold at $0.75 per unit for gross proceeds to the Company of $447,812 pursuant to a further partial exercise of the over-allotment option.
On January 6, 2017, the Company appointed Joost van der Mark, as its Chief Business Officer. Mr. van der Mark brought more than two decades of executive experience to 3DS, having worked with several major international healthcare companies, as well as earlier stage biotechnology and healthcare firms.
On February 21, 2017, 3DS' co-founder and principle inventor, Dr. Sabine Mai, presented at the 24th International Molecular Medicine Tri-Conference in San Francisco, CA, on the results of a prospective blood-based prostate cancer pilot study using the Company's TeloView{A } software platform. Based on blinded blood samples, TeloView{A } correctly predicted the stability and aggressiveness of disease for each of the study's 50 intermediate risk prostate cancer patients.
On February 23, 2017, 3DS announced that the validation program for its Hodgkin's Lymphoma ("HL") test ("Telo-HL"), a five-stage program aimed at the development of a commercially marketable LDT within the next twelve months, is underway. On March 29, 2017, the Company announced the successful internal analytical assay validation, referred to as Stage 2 of the validation program.
On March 14, 2017, 3DS announced that it had made the final payment to CancerCare Manitoba ("CCBM") for the purchase of intellectual property. CCMB previously assigned this intellectual property to 3DS on June 26, 2014. CCMB retains a 1.5% royalty on all gross revenues derived from the commercialization of these patent rights and related products.
On March 21, 2017, 3DS announced the clinical study results which confirmed that, based on a swab of a patient's cheek, the Company's TeloViewTM software platform has the ability to identify patients with Alzheimer's disease and distinguish between mild, moderate, and severe forms of the disease. The results of this study have been accepted for publication in the peer-reviewed Journal of Alzheimer's Disease.
On April 11, 2017, the Company announced the appointment of Dr. Kevin Little as its Chief Scientific Officer. Dr. Little provides the Company with a successful track record of clinical and executive experience with life sciences firms, including those who are focused on growth.
On April 18, 2017, the Company announced the relocation of its corporate office to the MaRS Discovery District located in Toronto. Management completed the relocation on April 30, 2017.
On April 27, 2017, the Company announced that it had received the first batch of blood samples for PRECISE. The samples were received for processing and analysis at the Company's laboratory.
On May 5, 2017, the Company announced the resignation of Ferenc Somogyvari from the Board of Directors. Mr. Somogyvari joined the Company's CSAB.
On June 8, 2017, the Company announced the commencement of the clinical trial component of the Telo-HL validation program. The process was Stage 3 of the validation program.
The Company's financial statements and management's discussion and analysis are available on www.sedar.com.
About 3D Signatures Inc
3DS (TSX-V:DXD) (OTCQB:TDSGF) (FSE:3D0) is a personalized medicine company with a proprietary software platform based on the three-dimensional analysis of chromosomal signatures. The technology is well developed and supported by 22 clinical studies on over 2,000 patients on 13 different cancers and Alzheimer's disease. Depending on the desired application, this platform technology can measure the stage of disease, rate of progression of disease, drug efficacy, and drug toxicity. The technology is designed to predict the course of disease and to personalize treatment for the individual patient.
Investor Relations
Terry Bramhall
1-604-428-8842
© 2017 Canjex Publishing Ltd.
Left Coast Zinc Hunt Leads to California
Contributed Opinion
Source: Chris Parry for Streetwise Reports (10/5/17)
Chris Parry Zinc is on a hot streak right now, says Chris Parry of Equity Guru, who profiles one company that just announced a resource update for its California project.
The average human body contains 2.5 grams of zinc, according to scientists, and there are 323.1 million people in the USA. So, by my math, if everyone just lined up to be exterminated and refined down to their zinc core without protest, we'd recover 1.78m lbs of zinc, worth US$2.67 million at today's prices.
Tempting.
Alternately, we could dig it out of the ground. Boring, but much less clean up.
And, as it turns out, probably a lot more profitable.
pOne-year zinc price
Zinc is on a hot streak right now, which has been reflected in the stock prices of companies like Zinc One (Z.V), which is a marketing client of ours, up from $0.44 a few weeks ago to touching $0.50 today.
Zinc prices haven't been this high in the last five years; in fact, they haven't been close. The commodity ran to a higher than $3000 per tonne price for the first time in a decade yesterday.
It's been a while. In 2012 you were paying $0.80 for a pound of the stuff, and in early 2016 it was down to around $0.65. No surprise then that some of the major players in the zinc space found other things to do with their time. Bocce, knitting, care and maintenance, divestment.
Zinc bugs have been yelling for some time that there was already a looming shortage of the stuff, but the low spot price left the market not caring much about such things. If it was zincy, it was stinky.
But that sort of imbalance never lasts, and with less mines putting zinc out, and more things needing the stuff in our everyday life, we're now in that place that cobalt has been in recently, and lithium was in before that, where the market suddenly wakes up one morning and puts zinc production targets on 'blast.' Today, the zinc price is over $1.50 per lb, up more than double from early 2016.
Last week I talked to a CEO from Blue Moon Zinc Corp. (MOON:TSX.V; BMOOF:OTC), which isn't a client company but was pointed to us by a shareholder as being a story worth hearing about. So, okay, Patrick McGrath—entertain and inform me.
"We have a mine project in California," he says.
Oh, Christ on a bike, I think.
California isn't usually where mining projects go to become mines proper. It's a progressive state, fond of its nature and wildlife and agriculture and culture, which is all stuff you don't traditionally relate to mining.
Nevada? Sure. You could basically walk into Nevada, toss a fifty on the table, and walk away with your very own mountain to crack open. I'm pretty sure they give complimentary drills at the Tropicana. If you wanted to turn the Bellagio fountains into a leach pool, I know a guy.
But California? Yikes.
McGrath doesn't share my cynicism, for three reasons. One, his property has been a producer before. Two, the area it's situated in REALLY wants jobs. And three, the guy who steered the last Californian mine project that got all its permits and duly went into production is with him on this one.
This is an interesting twist because most guys I know in the mining business think about permitting in California as much as they do Rhode Island. Idaho, Texas, Arizona, Quebec, these places like a good mine. But there are other places where the process is a much longer one. BC, as an example. You can find good resources in BC in plentiful numbers, but because it takes a lot of work to move them through the permitting process, folks tend not to, unless there's so much shiny in the ground that you have to wear sunglasses to walk the plot.
McGrath says he's very happy with the property he has in California, because it has ore that's sizable and can be got at. And the only reason he got his hands on it, he says, is because folks don't think it can be moved forward. Because California.
If he can see to that side of things, he's got a real opportunity going forward.
"Look, when I first saw the property I had the same reaction as everyone—California? Pass. But when you look at the hard numbers, it's worth that effort," says McGrath.
"The asset was a past producer, during a time of war and national need—a modest 50 thousand tonnes – they went in quick and dirty to get as much as they could as quickly as possible, mostly cleaning up at surface."
More:
From 1943-1945, the resource was mined by Hecla Mining Company, whose efforts produced 55,656 tons of 12.3% zinc. The mine lay dormant until the early 1980s, when Imperial Metals completed approximately 33,000 feet of diamond drilling. Thereafter, Westmin Resources, now Boliden, one of Europe's largest zinc producers, undertook about 57,000 feet of diamond drilling, calculated a mineral resource and commenced engineering, metallurgical, hydrological and environment baseline studies. In addition, Westmin obtained a permit and approval of a reclamation plan from Mariposa County for a shaft and certain underground development. By 1991, the resource was in new hands: being explored by Barrick (Lac), who completed approximately 20,000 feet of drilling. Consequently, Blue Moon, USA stands on the shoulders of well-established and well-qualified operators, who have done a lot of the development work.
So what happened?
"These guys got distracted by a European zinc project, exited North America, sold their assets, and moved on," says McGrath. "A few decades later, we inherited a bunch of data and materials from them. I was out at the property last week and the core shacks, and the cores, are still intact."
Blue Moon came together by virtue of an asset disposal from other companies. This happens sometimes—you've got two or three properties kicking around, you move forward on one in a hot sector, and let the others move on. For McGrath, he feels like he lucked out.
The key to his confidence in moving this property forward comes in Lutz Klingmann, a technical advisor to Blue Moon. Klingmann, as director/CEO of Golden Queen Mining (GQM.T) developed the gold and silver heap leach project in Southern California known as Soledad Mountain.
To be clear, a heap leach project is a tougher thing to permit than an underground shaft, especially when you're in Southern California, just outside Los Angeles. But Klingmann made it happen. Klingmann also moved the project forward and brought in $100 million in financing. Respect.
Now Klingmann is standing on the Blue Moon property and nodding, believing the challenge won't be any harder, and that the opportunity may be comparable.
"He got Soledad going with cyanide near LA," says McGrath. "A lot of people were surprised, but California isn't a 'no mining' state, it's a responsible mining state, and we believe we're in a great position to surprise people again. Lutz had retired, but likes the property enough that he's come back to work."
"We view it as, when Boliden exited North America in the early 90's, California was tougher than most states in America to get a permit, but we think now it's an even playing field. If you go about it right, you can get a permit pretty much everywhere. You just check off the boxes and give them no reason to say no."
"Our key advantage is, the local county can elect to become the lead agency for permitting, environmental, etc. And Mariposa County has 18,000 people who could use the economic push a mine would bring the county. If you know your California gold rush history, this area was so actively involved in mining, you see the streets are literally named after mining history – Bullion Street runs right through the center of town. There's more ranching now, but mining has a deep root there, a lot of people have family in the mines. We've met with the county several times and they're open to new businesses coming in and mining responsibly. Their view is most of the jobs there currently are lower paying, and mining brings a higher priced wage. 150 high paying jobs in a county of 18,000 people is a big deal."
Making the effort worthwhile is the pile of materials the Blue Moon team have to work with, and what they show.
"The previous producers and explorers left very good records of everything, environmental reports, baselines. We've got a leg up on what we're trying to accomplish here to take from what they have to feasibility, permits, production. As far as short-term catalysts, we want to release an updated NI 43-101 resource estimate (NOTE: This happened, like, now—see the note at the bottom of this article). The last one was done during a $0.78 per lb zinc price; we want one based on $1.30, which is still lower than the current rate but we'd rather stay conservative."
As far as what's in the ground, while zinc is the primary output, copper, gold, and silver—"pretty good silver," according to McGrath—are also present in decent numbers.
Blue Moon has about half a million in cash, raised earlier this year, to operate with, and that's enough for now, says the boss.
"Doing the 43-101 and a PEA, the burn is very low, we're keeping everything skinny but, when we come out with the PEA, we'll raise capital on the back of that sometime in early 2018, then kick start a drill program. What we're looking for is resource expansion and an infill program. Infills to move numbers from inferred to indicated. Now, it's about half and half, so we're upgrading that portion."
That's called doing the work.
"We're looking to follow the Arizona Mining (AZ.T) model; they de-risked it right through drilling, metallurgical, PEA, and advancing permitting. They went from trading pennies on the dollar to graduating to the big board. If we can show the market this has real economics behind it and a path to production, the market will wake up."
The market is already yawning and blinking its eyes at the sun, hitting the snooze button and thinking about bacon. MOON.V stock has run from $0.035 at the beginning of September to as much as $0.10 in the last few days.
UPDATE: As we were writing this piece, Blue Moon updated their resource estimate.
To wit:
Blue Moon Zinc Corp. is pleased to announce a Mineral Resource update for its 100% owned Blue Moon zinc deposit. The deposit now comprises 3.7 million tons in the Indicated Mineral Resource category grading 8.3% zinc equivalent ("ZnEq") and 4.1 million tons of Inferred Mineral Resources grading 7.8% ZnEq, both at a 4.0% ZnEq cut-off grade. [..] There is a high likelihood the deposit continues at depth as the mineralized zones are near vertical and the deepest holes in the resource end in mineralization. Several historical exploration holes drilled below the resource intersected significant zinc grades. Blue sky potential also exists along strike to find another "Blue Moon" style deposit as polymetallic massive sulphide deposits are often found in pods or clusters.
We'll be keeping this on the radar as they move forward.
Chris Parry is a Vancouver-based financial journalist who runs the investor information website Equity.Guru. He worked for five years at the Vancouver Sun and Province newspapers before taking over editorial at Canada's largest investment community at Stockhouse.com.
Want to read more Gold Report articles like this? Sign up for our free e-newsletter, and you'll learn when new articles have been published. To see a list of recent articles and interviews with industry analysts and commentators, visit our Streetwise Interviews page
3D SIGNATURES ANNOUNCES COMPLETION OF STAGE 3 OF HODGKIN’S LYMPHOMA TEST VALIDATION PROGRAM
TORONTO, Oct. 10, 2017 (GLOBE NEWSWIRE) — 3D Signatures Inc. (TSX-V:DXD) (OTCQB:TDSGF) (FSE:3D0) (the “Company” or “3DS”), is pleased to announce that, on September 30, 2017, the Company completed the clinical trial component (the “Clinical Trial”), or Stage 3, of its Hodgkin’s lymphoma (“HL”) test (“Telo-HLTM”) validation program. Data from the Clinical Trial has been submitted to the Company’s statistics consulting partner for analysis.
“We are excited to accomplish this critical milestone on schedule, and we remain on track for the expected commercial launch of Telo-HLTM as an LDT by the end of Q1 2018,” commented Jason Flowerday, CEO of 3DS.
Powered by the Company’s proprietary TeloViewTM software platform, Telo-HLTM is designed to stratify HL patients at the point of diagnosis into patients with aggressive or non-aggressive disease. Patients with aggressive disease may then be considered for alternative treatments at the time of diagnosis rather than waiting until they have failed multiple rounds of standard chemotherapy. There is currently no known biomarker available that can predict patient response to standard chemotherapy in HL patients. The Company expects Telo-HLTM to benefit patients seeking personalized treatment and to provide significant cost savings to payors and insurers that are currently burdened with expensive treatments and procedures that may not be necessary if patients could be considered for more targeted and effective therapies at the outset of treatment.
Stage 3 of the Telo-HLTM validation program, as set out in the Company’s news release dated February 23, 2017, included the analysis of over 400 retrospective HL cases to generate a quality controlled data set of 200 patients. The analysis comprised performing a wet lab co-immuno-telomeres FISH assay, 3-dimensional imaging, Hodgkin and Reed-Sternberg cell selection and TeloViewTM software analysis. The assay was performed on the diagnostic lymph node tissue from HL patients. A minimum of 30 Hodgkin’s cells and 30 Reed-Sternberg cells were analyzed from each of the 200 patient specimens. The Clinical Trial was multicentre with HL tissue sourced from three national and international university hospitals.
“I was impressed with the technical proficiency displayed in performing the assay and the overall concordance of HL cell identification,” noted Dr. Hans Knecht, 3DS advisor, Professor of Medicine and Chief, Division of Hematology at Jewish General Hospital, and Director, Division of Hematology, Department of Medicine, McGill University, Montreal. “Most important was the notable quality control and quality assurance standards that were employed during the cell identification process,” Dr. Knecht added.
Stage 3 data has been submitted to the Company’s statistics consulting partner, BioStat Solutions Inc., Maryland, USA (“BSSI”). BSSI will carry out statistical evaluation of the data and develop a scoring model to distinguish patients with non-aggressive disease from patients with aggressive disease that may relapse within 12 months of treatment with standard first-line chemotherapy. BSSI’s statistical analysis will generate Telo-HLTM’s characteristics including positive predictive value, negative predictive value, specificity and sensitivity, with a target performance of greater than 90% on all characteristics. The 3DS clinical development team has started processing an independent patient cohort of over 100 HL cases that will be used to validate the scoring model from BSSI.
3DS also announced today that the United States Patent and Trademark Office has recently issued the Company two new patents governing key aspects of its technology platform. US Patent 9,784,666, entitled “Methods for Assessing Cancer Cells Using Granulometry”, covers a high-resolution imaging technology for assessing cancer progression. US Patent 9,758,830, entitled “Methods for Evaluating Alzheimer’s Disease and Disease Severity”, covers the stratification of Alzheimer’s patients using 3DS technology.
About 3DS
3DS (TSX-V:DXD) (OTCQB:TDSGF) (FSE:3D0) is a personalized medicine company with a proprietary software platform based on the three-dimensional analysis of chromosomal signatures. The technology is well developed and supported by 22 clinical studies on over 2,000 patients on 13 different cancers and Alzheimer’s disease. Depending on the desired application, this platform technology can measure the stage of disease, rate of progression of disease, drug efficacy, and drug toxicity. The technology is designed to predict the course of disease and to personalize treatment for the individual patient. For more information, visit the Company’s website at: http://www.3dsignatures.com.
About BSSI
BioStat Solutions, Inc. (BSSI) is a privately held professional service corporation providing statistical and bioinformatics expertise to pharmaceutical and biotech companies as well as to the government and its contractors. BSSI’s diverse team of statisticians, bioinformaticists, epidemiologists and geneticists provides answers to complex and challenging analytical questions. Whether the client is facing big data or machine learning problems, or is looking for new biomarker or diagnostic device strategies, BSSI provides solid results towards effective decision-making. For more information, visit BSSI’s website at: http://www.biostatsolutions.com.
Forward-Looking Information
This news release includes forward-looking statements that are subject to risks and uncertainties. Forward-looking statements involve known and unknown risks, uncertainties, and other factors that could cause the actual results of the Company to be materially different from the historical results or from any future results expressed or implied by such forward-looking statements. All statements within, other than statements of historical fact, are to be considered forward looking. Although 3DS 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 forward-looking statements. Risk factors that could cause actual results or outcomes to differ materially from the results expressed or implied by forward-looking information include, among other things: market demand; technological changes that could impact the Company’s existing products or the Company’s ability to develop and commercialize future products; competition; existing governmental legislation and regulations and changes in, or the failure to comply with, governmental legislation and regulations; the ability to manage operating expenses, which may adversely affect the Company’s financial condition; the Company’s ability to successfully maintain and enforce its intellectual property rights and defend third-party claims of infringement of their intellectual property rights; adverse results or unexpected delays in clinical trials; changes in laws, general economic and business conditions; and changes in the regulatory regime. There can be no assurances that such statements will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. We do not assume any obligation to update any forward-looking statements.
Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
For further information, please contact:
Terry Bramhall
Investor Relations
604-428-8842
terry.bramhall@3dsignatures.com