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Liberty Star Contracts for Core Drilling at Gold Prospect Red Rock Canyon and Copper Hay Mountain Project, SE Arizona
Liberty Star Minerals announces that it has engaged NISS Drilling Services to undertake diamond core drilling at Liberty S...
TUCSON, AZ, Nov. 21, 2023 (GLOBE NEWSWIRE) -- Liberty Star Minerals (“Liberty Star” or the “Company”) (OTCMarkets: LBSR) announces that it has engaged NISS Drilling Services to undertake diamond core drilling at Liberty Star’s Red Rock Canyon Gold Project (RRC) within the larger Hay Mountain Project (HMP) in southeast Arizona. Drilling is also planned at HMP Target 1 near the RRC. While the emphasis at Red Rock Canyon is gold exploration, both project areas may possess commercially important metals including rare earth minerals which are associated with porphyry copper-gold-moly bodies, and are well represented in the area from central Arizona to northern Mexico.
The planned program consists of diamond core drilling of about 250 feet per hole within the RRC at or near historic drill sites previously drilled and logged for the presence of gold. Deeper drilling is planned for a geophysically promising area within the adjacent Hay Mountain Target 1 area. The Hay Mountain Project has undergone substantial geoscientific investigation including airborne aeromagnetic imaging (ZTEM), 3-D modeling, and numerous geochemical studies.
On Thursday, the high court issued an opinion that narrowed the EPA's broad definition of Waters of the United States (WOTUS). The court said the federal government must define WOTUS as a water source with a "continuous surface connection" to major bodies of water.
The decision upended an attempt by the Biden administration to regulate wetlands, lakes, ponds, streams and other "relatively permanent" waterways, which had relied on a broad reading of the EPA's authority under the Clean Water Act (CWA).
THE EPA MAY NOT HAVE JURISDICTION OVER PEBBLE.
Is this starting to move? Why the jump in share price?
Bruce, where did you find this posted?
$NAK..From Warren Buffett’s Berkshire Hathaway updated blog..”Expecting a consortium buyout for NAK by mid October 2019-Time to load!”
This is the kind of thing I am expecting. Do you have a link?
K1
URANIUM TARIFFS MAY HELP LBSR
Trump administration opens investigation into uranium imports, potentially teeing up new tariffs
The U.S. Commerce Department is opening an investigation into uranium exports that could lead to new tariffs.
Commerce is using a 1962 law that allows the president to tax imports if the shipments are deemed a threat to national security.
Just 7 percent of the uranium purchased by nuclear power plants last year was produced by the United States.
https://www.cnbc.com/2018/07/18/trump-administration-opens-uranium-import-probe-new-tariffs-possible.html
It looks like Sprott is buying shares in NAK's new gold mine?
BRIEF-Sprott reports 5.4 pct passive stake in Northern Dynasty Minerals
BY Reuters
— 11:02 AM ET 07/08/2016
July 8 (Reuters) - Northern Dynasty Minerals Ltd (NAK)
* Sprott inc reports 5.4 percent passive stake in northern dynasty minerals ltd as of june 30 - Sec filing Source text : bit.ly/29rReJM Further company coverage:
FOR IMMEDIATE RELEASE
PLANET RESOURCE RECOVERY, INC. INTRODUCES SOLUTION TO REMOVE CHLORIDES FROM CRUDE OIL
HOUSTON - June 2, 2016 - Planet Resource Recovery, Inc. (PINK SHEETS: PRRY) announced today that it has completed development and introduces a new chloride reducing solution for the Oil & Gas Industry. This new product line provides an economical solution for the Oil and Gas producers around the globe that harvest high chloride count crude oil. For a cost of less than $1 per barrel, Planet Resource can increase the price of this oil by $5 to $15 per barrel.
Planet Resource has been working with PEMEX (Petroleos Mexicanos) technical staff to develop a solution to reduce the high salt content in its Mayan crude stream. High salt content crude oil is penalized $5 to $15 per barrel from the spot market price. This is due to the severe problems that arise in the refining process. The corrosive nature of salt fouls, deteriorates metals and plugs equipment contaminating the refining process.
Working with PEMEX to provide a chemical solution to enhance their desalting system, Planet Resource developed ChloroLuxus. This is a salt reducing solution that is an environmentally friendly blended compound designed to reduce chlorides in Crude Oil streams. ChloroLuxus breaks the interfacial tension in heavy crudes allowing the entrained chlorides in a crude oil to move out of the heavy crude oil stream via the entrained and suspended water which is shed into a water phase. Additionally, ChloroLuxus has shown to increase API Gravity, reduce BS&W, reduce H2S and de-gas entrained gases.
Pemex produces approximately 600,000 BBLs of Mayan crude oil a day that is heavily laden with chlorides. PEMEX developed a mechanical system to reduce the high chloride content. Due to the maturing of the oil field and increased salt water intrusion, PEMEX is no longer able to achieve the target of 50 PTB (Pounds per Thousand Barrels) or less using its system. With the use of ChloroLuxus, we were able to achieve chloride levels of 12 & 13 PTB. This is a significant reduction to PEMEX's target of 50PTB.
Enrique M. Salinas III, President & CEO, stated, "The development of ChloroLuxus is a milestone. This solution can be a significant benefit to Oil producers that have been losing revenues due to the severe penalties on high chloride count crude oil and allow them to capture these lost revenues. High chloride count crude oil is a global problem and we look forward to working with operators to increase their revenues."
About Planet Resource Recovery, Inc.
Planet Resource Recovery, Inc. is the developer, manufacturer and marketer of the earth friendly products of the PetroLuxus™ Technology Platform which currently include the PetroLuxus™ family of products for the Oil & Gas industry and nontoxic AquaLuxus WC treatment for the water industry. For more information visit: www.planetresource.net.
Safe Harbor Statement
Under The Private Securities Litigation Reform Act of 1995: The statements in this presentation that relate to the Company's expectations with regard to the future impact on the Company's results from new products in development are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The results anticipated by any or all of these forward-looking statements may not occur. Additional risks and uncertainties are set forth in the Company's Annual Report for the year ended December 31, 2014, the Company's Quarterly Report for the Third quarter ended September 30, 2015. The Company undertakes no obligation to publicly release the result of any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof, or to reflect the occurrence of unanticipated events or changes in the Company's plans or expectations.
LBSR Filed a Revised S-1A on Feb 24 for 350M @ .0028 with Tangiers Financial giving them $980,000 enough for 2 holes
http://www.sec.gov/Archives/edgar/data/1172178/000121390016011188/fs12016a1_libertystar.htm …
9:28 AM - 25 Feb 2016
PRRY -- 5 FOLD TO 15 FOLD INCREASE IN OIL PRODUCTION
HOUSTON - March 17, 2015 - Planet Resource Recovery, Inc. (PINK SHEETS: PRRY) is pleased to provide a PetroLuxus™ WC (Well Clean) update on marginal oil wells treated in Texas.
JBS Energy Solutions, LLC performed a PetroLuxus™ WC (Well Clean) treatment on a well located in Shelby County, Texas. The well was drilled and completed in June 1976 in the Saratoga (Austin Chalk type) formation at a depth of 2128 feet. The 2014 average annual production was approximately 1/3 of a barrel of oil per day. The well was treated with a solution consisting of 10 gallons of PetroLuxus WC and 320 gallons of native formation water injected into the well. JBS stated "We also noted the well pressure on the backside has gone from 0 psi to 90 psi within the initial 12 hours of product exposure... the treatment had, in fact began re-pressurizing both the wellbore & the exposed formation."
The PetroLuxus WC solution was allowed to react within the formation for 5 days to allow for optimal product exposure. On the sixth day of treatment the well was brought back into full production and JBS further stated, "Pressure on the backside had increased to 200+ psi." The well is now producing 5-7 barrels of oil per day increasing production by 15 times its previous rate. PetroLuxus returned approximately $7000 in revenue in the first month.
Linkenhoger Energy, LLC performed a PetroLuxus™ WC treatment on an oil well located in Hardin County, Texas. This well was completed in November of 2013 in the Yeagua Sands formation at a depth of 3100 feet. The daily average production for 2014 was approximately 1 barrel of oil per day. The well was treated with a solution made up of 20 gallons of PetroLuxus WC and 500 gallons of KCL water. The PetroLuxus WC was allowed to react within the formation for 7 days. As stated by Linkenhoger, "Operator checked the pressure of the well (which normally averaged around 300 psi) & noticed it had increased to 600psi. Operator also noticed that there was "No More Stink" & it appeared that the treatment had eliminated all of the H2S & bacteria".
A recent report update states that the well production significantly increased and has been steadily producing for 4 consecutive weeks with approximately 6 barrels of oil a day. This is an increase of 600% in production. PetroLuxus WC returned approximately $7,500 in revenue in the first month. The operator stated he is a "true believer in PetroLuxus & is very impressed & intrigued with the results that have been seen thus far with only a limited amount of treatment exposure!"
Saxum Oil & Gas, LLC, an oil and gas operator, treated an oil well in Bee County Texas. The well is in the Lucille Hockley sand at a depth of 3800 feet. This well was making approximately ½ a barrel of oil per day before treatment. The well was treated with a solution of 30 gallons of PetroLuxus WC and 600 gallons of field salt water. After the PetroLuxus WC treatment, the well is now producing 5 barrels of oil per day. This is a 10 times previous production. PetroLuxus WC returned approximately $6000 in the first month.
Mr. Robert Dougherty III managing partner at Saxum Oil & Gas, stated, "We believe that the treatment has been very successful and that at the current rate of 5 barrels of oil per day along with 4.5 barrels of water this rate will further improve once the trash has diminished. At the current price of oil of $45.00 this chemical is a game changer for Saxum Oil & Gas."
Enrique Salinas, President and CEO of Planet Resource Recovery, stated, "As oil producers slow their drilling activities due to low oil prices, they are being forced to squeeze more oil out of their existing wells. The PetroLuxus WC results of recently treated oil wells demonstrate that it can have a significant impact on existing marginal wells."
About Planet Resource Recovery, Inc.
Planet Resource Recovery, Inc. is the developer, manufacturer and marketer of the earth friendly products of the PetroLuxus™ Technology Platform which currently include the PetroLuxus™ family of products for the Oil & Gas industry and nontoxic AquaLuxus treatment for the water industry. For more information visit: www.planetresource.net.
Thanks "Tink" for all the work you do. I appreciate your attitude.
Keep up the good work. Maybe we will be rewarded some day.
PRRY -- PLANET RESOURCES HAS 3 NEW BREAKTHROUGHS
HOUSTON - December 3, 2014 - Planet Resource Recovery, Inc. (PINK SHEETS: PRRY) announced today that the Company has published its positive financial statements for the
9-months ended September 30, 2014. The unaudited financial statements are available at http://www.otcmarkets.com/stock/PRRY/filings
Sales Revenues for the nine months ended September 30, 2014 were $639,570 when compared to Sales Revenue of $265,457 for the twelve month period ended December 31, 2013.That is an increase of 240 percent over the full year 2013. Operational Expenses for the nine months ended September 30, 2014 were $400,717 versus $402,627. Net Income for the nine months through September 30, 2014 was $75,000 versus a net loss of $210,989 for twelve months of fiscal 2013.
Company President and CEO, Enrique Salinas, stated, "The continued growth in sales were fueled by the high percentage of customer reorders and referrals for the PetroLuxus™ line of products. Some customers have reported their oil production has increased by over 50-100 percent after a PetroLuxus treatment."
"Additionally, we continue to expand our efforts into international markets. Through an international representative, we have been working with a large multinational company that has found our chemistries could potentially significantly increase their profits by the removal of contaminants in their crude oil. Initial purchases have been made for a larger scale field test. Further testing is being completed and results will be soon available."
"AquaLuxus WC continues to gain acceptance in the treatment of water wells and irrigation equipment. Farmers that have tested AquaLuxus WC are realizing pump rate increases of over 100 percent or greater in water flow. The Company has embarked on a new marketing program to farmers in the Western United States featuring the most recent results from AquaLuxus WC treatments."
Mr. Salinas continued, "This year has been the Company's best year ever in Sales and Growth to date. We will continue to strengthen the actions we have taken to continue our growth and acceptance of our products in the marketplace."
About Planet Resource Recovery, Inc.
Planet Resource Recovery, Inc. is the developer, manufacturer and marketer of the earth friendly products of the PetroLuxus™ Technology Platform which currently include the PetroLuxus™ family of products for the Oil & Gas industry and nontoxic AquaLuxus treatment for the water industry. For more information visit: www.planetresource.net.
Safe Harbor Statement
Under The Private Securities Litigation Reform Act of 1995: The statements in this presentation that relate to the Company's expectations with regard to the future impact on the Company's results from new products in development are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The results anticipated by any or all of these forward-looking statements may not occur. Additional risks and uncertainties are set forth in the Company's Annual Report for the year ended December 31, 2009, the Company's Quarterly Report for the First quarter ended March 31, 2014. The Company undertakes no obligation to publicly release the result of any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof, or to reflect the occurrence of unanticipated events or changes in the Company's plans or expectations.
THIS IS GOOD NEWS FOR AXREF.
Amarc Reports Significant Copper-Molybdenum-Silver Porphyry Discovery at IKE, South-Central British Columbia
Print
Alert
VANCOUVER, Nov. 24, 2014 /PRNewswire/ - Amarc Resources Ltd. ("Amarc" or the "Company") (TSX-V: AHR;OTCBB: AXREF) is pleased to announce that it has made a significant copper-molybdenum-silver discovery at its IKE Project located approximately 40 kilometres northwest of Gold Bridge, British Columbia ("BC"). Assay results received from an initial nine hole (5,400 metre) diamond drill program have confirmed the presence of an important porphyry-style deposit.
The nine discovery drill holes intersected chalcopyrite and molybdenite mineralization from surface and over a broad area, measuring 1,200 metres east-west by 600 metres north-south and to depths of approximately 500 metres. Mineralization at IKE remains open in all lateral directions and to depth. These holes and post-drilling geological, geochemical and geophysical surveys completed outwards from the drilled area indicate that the IKE porphyry system has the potential for important-scale resource volumes. Amarc has secured additional mineral claims in the IKE area to cover other compelling deposit targets as well as potential infrastructure sites. A comprehensive corporate and technical business plan is being implemented to efficiently move IKE forward.
Highlights from the nine hole discovery drill program include:
247 metres of 0.42% CuEQ1 @ 0.28% Cu, 0.030% Mo and 2.0 g/t Ag
234 metres of 0.43% CuEQ @ 0.26% Cu, 0.040% Mo and 1.7 g/t Ag
92 metres of 0.41% CuEQ @ 0.31% Cu, 0.020% Mo and 2.1 g/t Ag
194 metres of 0.49% CuEQ @ 0.30% Cu, 0.046% Mo and 0.8 g/t Ag
308 metres of 0.41% CuEQ @ 0.26% Cu, 0.032% Mo and 1.8 g/t Ag
97 metres of 0.46% CuEQ @ 0.32% Cu, 0.030% Mo and 2.2 g/t Ag
"Our Amarc team has made an exciting new bulk tonnage porphyry copper-molybdenum-silver discovery at IKE in the heartland of British Columbia's producing porphyry copper mines," said Amarc Executive Chairman Bob Dickinson. "The extent, continuity and grade of the mineralization encountered indicate important potential resource volumes. It is very encouraging that long, continuous intercepts at IKE have returned copper equivalent grades in the range of those for operating copper mines in the province. Amarc is planning an expanded drill program at IKE in 2015, with the goal of fully delineating the copper-molybdenum-silver deposit."
A drill plan, cross sections and other maps and results from the 2014 programs are included in the new corporate presentation on the Amarc website at (http://www.amarcresources.com).
Like many major porphyry deposits, IKE formed in a very active, multi-stage hydrothermal system that was extensive and robust. The footprint of the hydrothermal system at IKE is approximately six square kilometres. More recent site exploration conducted following the 2014 discovery drilling program includes a new, high resolution airborne magnetic survey, a copper and multi-element in talus fines geochemical survey and a detailed Induced Polarization ("IP") ground geophysical survey. These surveys indicate exciting expansion potential beyond the immediate area of the IKE discovery drilling. For example, numerous talus fines samples collected up to 800 metres southwest and 600 metres southeast of the area drilled assayed 1,000 to 3,800 ppm copper (0.10% to 0.38% Cu). Furthermore, the IP survey which covered only a portion of the hydrothermal system outlined two coalescing porphyry mineralizing systems, measuring approximately 800 metres north-south and 2,250 metres east-west. This porphyry-style mineralization remains open to expansion to the south and north, and is largely co-incident with major magnetic low features. These features indicate the presence of well-defined, broad-scale magnetite destruction zones that are important targets for additional drilling.
Geological mapping and logging of diamond drill core at IKE indicate the deposit is hosted entirely by multi-phase intrusive rocks. A possible geological analogue to guide further drilling activity at IKE is BC's Highland Valley porphyry copper-molybdenum deposit; it has a similar geological setting within the interior of a felsic batholith, as well as comparable metal assemblage and grades. The regional structural setting at IKE also includes major northwest-trending structures and dykes, which were active in the Tertiary period during formation of the IKE deposit. This overall setting is similar to that of many important porphyry belts along the Cordillera in North and South America.
Results from Amarc's nine discovery drill holes are summarized in the Table of Assay Results below.
IKE DISCOVERY
TABLE OF ASSAY RESULTS
Drill Hole Dip Azim EOH Incl. From To Int.2,3 CuEQ¹ Cu Mo Ag
ID (°) (°) (m) (m) (m) (m) (%) (%) (%) (g/t)
IK14001 -45 0 742.2 55.0 213.7 158.7 0.38 0.27 0.020 2.5
242.0 489.0 247.0 0.42 0.28 0.030 2.0
incl. 242.0 275.0 33.0 0.43 0.35 0.011 4.1
incl. 284.6 362.5 77.9 0.44 0.31 0.027 2.0
incl. 372.9 395.2 22.3 0.45 0.25 0.045 1.7
incl. 404.1 489.0 84.9 0.50 0.30 0.045 1.7
528.0 634.6 106.6 0.28 0.23 0.009 1.9
IK14002 -45 100 551.1 57.3 180.1 122.8 0.41 0.32 0.017 2.5
206.0 494.6 288.6 0.40 0.24 0.038 1.6
incl. 206.0 440.0 234.0 0.43 0.26 0.040 1.7
and 206.0 364.0 158.0 0.45 0.26 0.046 1.7
and 368.5 440.0 71.5 0.41 0.27 0.031 1.7
521.7 551.1 29.4 0.45 0.15 0.076 0.6
IK14003 -60 180 419.4 10.2 102.0 91.8 0.41 0.31 0.020 2.1
282.0 365.0 83.0 0.20 0.08 0.029 0.7
IK14004 -50 90 388.6 128.0 189.0 61.0 0.29 0.13 0.036 0.9
IK14005 -60 0 772.7 32.0 80.0 48.0 0.27 0.23 0.007 1.4
269.4 552.3 282.9 0.44 0.29 0.038 0.7
incl. 269.4 463.2 193.8 0.49 0.30 0.046 0.8
602.9 616.1 13.2 0.33 0.29 0.009 0.6
IK14006 -45 90 681.8 9.0 75.0 66.0 0.25 0.21 0.008 1.3
124.0 574.3 450.3 0.37 0.24 0.028 1.7
incl. 124.0 432.2 308.2 0.41 0.26 0.032 1.8
and 124.0 207.8 83.8 0.43 0.31 0.026 2.2
and 216.4 258.0 41.6 0.43 0.30 0.024 2.8
and 381.9 432.2 50.4 0.72 0.35 0.088 1.8
incl. 441.9 490.0 48.1 0.46 0.27 0.044 1.8
671.0 681.8 10.8 0.33 0.28 0.007 2.0
IK14007 -60 90 688.5 7.9 24.9 17.0 0.31 0.22 0.020 1.1
139.5 167.0 27.5 0.27 0.06 0.051 0.5
223.0 274.0 51.0 0.24 0.05 0.048 0.5
304.0 411.9 107.9 0.24 0.12 0.030 0.7
IK14008 -45 90 788.8 135.4 168.0 32.6 0.30 0.24 0.009 2.0
233.0 258.5 25.5 0.34 0.23 0.023 1.5
278.1 567.0 288.9 0.37 0.27 0.022 1.6
incl. 287.7 384.3 96.6 0.46 0.32 0.030 2.2
incl. 418.7 462.8 44.0 0.38 0.31 0.015 1.8
incl. 484.0 564.0 80.0 0.38 0.30 0.018 1.6
605.0 648.0 43.0 0.25 0.20 0.012 1.0
IK14009 -45 270 376.1 10.5 200.0 189.5 0.24 0.16 0.018 1.1
incl. 10.5 98.0 87.5 0.29 0.20 0.019 1.4
1 Copper equivalent (CuEQ) calculations use metal prices: Cu US$3.00/lb, Mo US$12.00/lb and Ag US$20.00/oz. Metallurgical recoveries and net smelter returns are assumed to be 100%.
2 Widths reported are drill widths, such that the true thicknesses are unknown.
3 All assay intervals represent length weighted averages.
IKE has important economic potential as indicated by the copper equivalent grades returned over long continuous drill intercepts, which compare favourably to the range of copper equivalent grades for reserves and resources at active BC porphyry copper (± molybdenum ± gold ± silver) mines. For example, Mt. Milligan has proven and probable reserves of 478 million tonnes at 0.20% copper and 0.39 g/t gold for a CuEQ1 grade of 0.44%, and Highland Valley has proven and probable mineral reserves of 663 million tonnes at 0.29% copper and 0.008% molybdenum for a CuEQ of 0.32% (see websites of Thompson Creek Metals Company Inc. and Teck Resources Limited, respectively).
At IKE, chalcopyrite and molybdenite were precipitated during at least three stages of hydrothermal activity. The mineralization occurs as fine to relatively coarse, mostly discrete grains, mainly as disseminations and less commonly in fractures and veins. Multi-element analyses returned consistently low concentrations of metallurgically or environmentally deleterious elements. These characteristics, and the generally low concentrations of pyrite at IKE, suggest that there is potential to produce, clean good-grade copper and molybdenum concentrates by standard flotation processing.
In addition to the IKE mineral property, Amarc has acquired interests in extensive adjacent mineral tenures from two mining entities. Given the compelling exploration results from historical programs throughout the district (also discussed in Amarc's new corporate presentation at (http://www.amarcresources.com) and the common tendency of porphyry deposits to form in clusters, the Company's technical team believes these properties also have potential to host bulk-tonnage porphyry copper mineralization.
Mark Rebagliati, P. Eng., a Qualified Person as defined under National Instrument 43-101, has reviewed and approved the technical content of this release. All drill core was logged, photographed and cut in half with a diamond saw. Half core samples were sent to Activation Laboratories Ltd ("Actlabs") in Kamloops, Canada facility (17025 accredited), for preparation and analyses. Drill core samples were analyzed for Cu, Mo and 34 additional elements by 4 acid digestion of a 0.25 g sample followed by an ICP-AES finish. Cu, Mo, Ag, Au and 59 additional elements we also analyzed by Aqua Regia digestion of a 0.5 g sample followed by an ICP-MS finish. As part of a comprehensive Quality Assurance Quality Control ("QAQC") program, one standard, one in-line replicate and one inter-laboratory duplicate were inserted into the sample stream in each group of 20 samples, as well as one or more field blanks in each analytical batch and then checked to ensure proper QAQC.
About the IKE Property
Amarc has the right to acquire a 100% interest in the IKE mineral tenures from two individuals (see www.amarcresources.com).
The IKE discovery is located 40 kilometres northwest of the historical mining community of Gold Bridge in an area of wide U-shaped valleys bounded by ridges within the Coast Range. The district has long been explored for its numerous showings of copper, molybdenum, gold and silver mineralization. Amarc's discovery core drilling program was located above tree line within a large and barren cirque. Although current access to the property is by helicopter, there is good infrastructure in the region. Mainline logging roads which lead east to Gold Bridge are located 20 kilometres to the south of IKE. Power, railways and highways are all available in the area of Gold Bridge and the nearby town of Lillooet.
Amarc is committed to constructive engagement and building positive long-term relationships with all communities in the region, including mutually beneficial partnership agreements with Aboriginal groups (see Amarc corporate presentation at (http://www.amarcresources.com). The Company also continues to build on positive relationships with regulators, supporting government's consultation duties to assist with timely and fair regulatory decision-making.
About Amarc Resources Ltd.
Amarc is a British Columbia-based mineral exploration and development company with an experienced and successful management team that is focused on advancing the IKE project, a major porphyry copper discovery in the heartland of BC's copper mining industry.
Amarc is associated with Hunter Dickinson Inc. (HDI) a diversified, global mining company with a 25 year history of porphyry discovery and development success. Previous and current HDI porphyry projects include some of the Provinces' and worlds' most important mineral resources, such as Mt. Milligan, Kemess, Gibraltar, Prosperity, Xietongmen, Florence, Sisson, Maggie and Pebble. From its head office in Vancouver, Canada, HDI applies its unique strengths and capabilities to acquire, develop, operate and monetize mineral properties to provide superior returns to shareholders.
ON BEHALF OF THE BOARD
Ronald W. Thiessen
Chief Executive Officer
Neither the TSX Venture Exchange nor any other regulatory authority accepts responsibility for the adequacy or accuracy of this release.
Forward Looking and other Cautionary Information
This presentation includes certain statements that may be deemed "forward-looking statements". All such statements, other than statements of historical facts that address exploration drilling, exploitation activities and other related events or developments 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. Assumptions used by the Company to develop forward-looking statements include the following: Amarc's projects will obtain all required environmental and other permits and all land use and other licenses, studies and exploration of Amarc's projects will continue to be positive, and no geological or technical problems will occur. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, potential environmental issues or liabilities associated with exploration, development and mining activities, exploitation and exploration successes, continuity of mineralization, uncertainties related to the ability to obtain necessary permits, licenses and tenure and delays due to third party opposition, changes in and the effect of government policies regarding mining and natural resource exploration and exploitation, the exploration and development of properties located within Aboriginal groups asserted territories may affect or be perceived to affect asserted aboriginal rights and title, which may cause permitting delays or opposition by Aboriginal groups, continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. For more information on Amarc Resources Ltd., investors should review the Company's annual Form 20-F filing with the United States Securities and Exchange Commission at www.sec.gov and its home jurisdiction filings that are available at www.sedar.com.
SOURCE Amarc Resources Ltd.
MENLO PARK, Calif., Sept. 4, 2014 /PRNewswire/ -- Asterias Biotherapeutics, Inc. (OTCBB: ASTY) announced today that its Board of Directors has set Monday, September 15, 2014 as the record date (the "Record Date") for determining holders of its Series A common stock entitled to receive BioTime, Inc. common share purchase warrants in Asterias' previously announced warrant distribution.
Asterias plans to distribute, on a pro rata basis, warrants to purchase 8,000,000 BioTime common shares at an exercise price of $5.00 per share to holders of 6,537,779 shares of Asterias Series A common stock. Each shareholder of record as of the Record Date will receive approximately 1.223657 BioTime warrants for each share of Asterias Series A common stock owned. The warrants will expire on October 1, 2018.
No fractional warrants will be issued and no cash in lieu of fractional warrants will be distributed. Instead, the number of BioTime warrants distributable to each shareholder will be based on the total number of shares of Series A common stock that the shareholder owns, and any fractional BioTime warrant remaining will be disregarded.
"The anticipated distribution of the BioTime warrants provides immediate, near-term value to Asterias shareholders while Asterias pursues clinical development of our promising therapeutic products that have the potential to address significant unmet medical needs using our stem cell technology platform," stated Pedro Lichtinger, President and CEO of Asterias.
Asterias Biotherapeutics Announces Record Date for Distribution of BioTime Warrants to Holders of Asterias Series A Common Stock
MENLO PARK, Calif., Sept. 4, 2014 /PRNewswire/ -- Asterias Biotherapeutics, Inc. (OTCBB: ASTY) announced today that its Board of Directors has set Monday, September 15, 2014 as the record date (the "Record Date") for determining holders of its Series A common stock entitled to receive BioTime, Inc. common share purchase warrants in Asterias' previously announced warrant distribution.
Asterias plans to distribute, on a pro rata basis, warrants to purchase 8,000,000 BioTime common shares at an exercise price of $5.00 per share to holders of 6,537,779 shares of Asterias Series A common stock. Each shareholder of record as of the Record Date will receive approximately 1.223657 BioTime warrants for each share of Asterias Series A common stock owned. The warrants will expire on October 1, 2018.
No fractional warrants will be issued and no cash in lieu of fractional warrants will be distributed. Instead, the number of BioTime warrants distributable to each shareholder will be based on the total number of shares of Series A common stock that the shareholder owns, and any fractional BioTime warrant remaining will be disregarded.
"The anticipated distribution of the BioTime warrants provides immediate, near-term value to Asterias shareholders while Asterias pursues clinical development of our promising therapeutic products that have the potential to address significant unmet medical needs using our stem cell technology platform," stated Pedro Lichtinger, President and CEO of Asterias.
PetroLuxus ™ Technology Converts Environmental Toxic Waste Stream Into Recoverable Saleable Crude Oil
HOUSTON - August 7, 2014 - Planet Resource Recovery, Inc. (PINK SHEETS: PRRY) is pleased to announce that its PetroLuxus™ HC (Heavy Crude) and methodology has shown to be highly effective when used to remediate weathered Mexican Oil Sludge, based on results from Independent Laboratory Tests. These Independent Laboratory results show that using the Planet Resource methodology along with PetroLuxus™ HC can convert Environmental toxic oil sludge into a recoverable, marketable commodity.
A Mexican entity, with long standing relations and concessions in the Oil & Gas industry in Mexico, provided Planet Resource raw samples of weathered Mexican crude from an open pit in Central Mexico. The weathered crude consisted of a mixture of crude oil, water, solids, H2S and other organic compounds. The overall breakdown of the samples consisted of 70% crude, 20% solids and 10% water.
Planet Resource applied its technology to the weathered crude samples. After the treatment was applied, over 98% of the crude oil was recovered, H2S mitigated and the entrained solids and water were displaced in the sample. The API Gravity of the crude substantially increased going from 9 API to 26 API Gravity. The BS&W (Basic Sediment and Water) in the raw sample was approximately 30%. After treatment the BS&W was significantly reduced to under 1%. With the improvement in quality of crude oil after treatment it is estimated the value of the crude is $100 per barrel.
Enrique Salinas, President & CEO of Planet Resource Recovery, commented, "Our technology opens the door to the Environmental cleanup and crude oil recovery from the thousands of weathered oil sludge pits that litter the globe in oil producing countries. Not only can this technology clean up environmental mess but can be extremely lucrative from the revenue stream of recovered oil. We look forward to deploying this technology around the world."
# # #
About Planet Resource Recovery, Inc.
Planet Resource Recovery, Inc. is the developer, manufacturer and marketer of the PetroLuxus™ Technology Platform which currently include the NSF/ANSI Standard 60 Certified PetroLuxus™ family of products for the Oil & Gas industry and AquaLuxus for the water industry. For more information visit: www.planetresource.net.
Safe Harbor Statement
Under The Private Securities Litigation Reform Act of 1995: The statements in this presentation that relate to the Company's expectations with regard to the future impact on the Company's results from new products in development are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The results anticipated by any or all of these forward-looking statements may not occur. Additional risks and uncertainties are set forth in the Company's Annual Report for the year ended December 31, 2011. The Company undertakes no obligation to publicly release the result of any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof, or to reflect the occurrence of unanticipated events or changes in the Company's plans or expectations.
Contact:
Planet Resource Recovery, Inc.
281-213-5266
info@planetresource.net
TOMBSTONE EXPLORATION CORPORATION ANNOUNCES UPDATE TO SHAREHOLDERS: ONE OF THE LARGEST ACCOUNTING FIRMS IN THE WORLD ESTIMATES EUROGAS INC.'S LOSS OF SALES FROM SLOVAK TALC MINE TO REACH $3.2 BILLION USD.
Phoenix, AZ-May 7, 2014--Tombstone Exploration Corporation (OTCQB: TMBXF) (Berlin Stock Exchange: UDNA) and Eurogas Inc. and Eurogas AG announced today that one of the largest Chartered Accounting firms in the world has provided EuroGas Inc. recently with an updated calculation of EuroGas' lost sales from the huge Gemerska Poloma talc mine in the amount of approximately $3.2 billion USD. The Gemerska Poloma talc mine was previously owned by EuroGas' Slovak mining arm Rozmin s.r.o. until December 2004 when Rozmin's mining rights were illegally expropriated by the Slovak Republic. EuroGas Inc. is currently seeking full compensation of its losses for the illegal expropriation by the Slovak Republic in International Arbitration proceedings at the World Bank's ICSID tribunal in Washington D.C.. The Slovak Republic is a full Member of the European Union.
Shortly after Eurogas had informed the Slovak Republic about the new updated loss of sales figures from its previously owned Gemerska Poloma talc mine, a high ranking delegation of the Slovak Republic, under the leadership of the State Secretary of the Slovak Republic, met with Eurogas and its legal representatives at the Slovak Embassy in Vienna. After the meeting, Eurogas' legal representative reported to the Press that the meeting had been constructive and that there will be another round of negotiations.
Wolfgang Rauball, Chairman & CEO of EuroGas Inc. and EuroGas AG stated, "On the basis alone of two unappealable Final Judgements by the Supreme Court of the Slovak Republic in 2008 and 2011 in favor of EuroGas' subsidiary Rozmin, the Slovakian Ministry of Economy's Mining Authorities are obliged, under European Union law, to restore the original legal situation as it existed at the end of 2004. However, this has not happened to date. Our own evidence and new testimony shows clearly how our subsidiary, Rozmin, was illegally dispossessed of its mining rights at Gemerska Poloma, It was the result of extremely serious corruption attempts involving members of the Slovakian Government at the highest level. We will disclose our evidence and we will produce witnesses and testimony at the upcoming International Arbitration proceedings before the World Bank Tribunal."
In January 2014, Tombstone Exploration Corporation had been assigned by EuroGas Inc., a large shareholder in Tombstone Exploration Corporation, a direct 20% Entitlement in any settlement or Final Award from EuroGas' Arbitration proceedings against the Slovak Republic, along with a 26% direct ownership in Eurogas AG, which is the controlling shareholder of Rozmin s.r.o., the previous owner of the mining rights to the huge Germerska Poloma talc-soapstone orebody in the Slovak Republic.
The Gemerska Poloma talc-soapstone ore body is located near Roznava, Slovak Republic and ranks amongst the largest and purest of its kind in the world. Independent geological experts have publicly estimated the value of the Gemerska Poloma ore body to be in the several billion-dollar range with a mine life of 80 to 100 years.
-
FORWARD-LOOKING STATEMENTS
Statements contained herein that are not historical facts may be forward-looking statements within the meaning of the Securities Act of 1933, as amended. Forward-looking statements include statements regarding the intent, belief or current expectations of the Company and its management. Such statements are estimates only, as the Company has not completed the preparation of its financial statements for those periods, nor has its auditor completed the audit of those results. Actual revenue may differ materially from those anticipated in this press release. Such statements reflect management's current views, are based on certain assumptions and involve risks and uncertainties. Actual results, events, or performance may differ materially from the above forward-looking statements due to a number of important factors, and will be dependent upon a variety of factors, including, but not limited to Tombstone Exploration Corporation's ability to obtain additional financing. Tombstone Exploration Corporation undertakes no obligation to publicly update these forward-looking statements to reflect events or circumstances that occur after the date hereof or to reflect any change in Tombstone Exploration Corporation's expectations with regard to these forward-looking statements or the occurrence of unanticipated events. Factors that may impact Tombstone Exploration Corporation's success are more fully disclosed in Tombstone Exploration Corporation's most recent public filings with the U.S. Securities and Exchange Commission.
CONTACT:
Tombstone Exploration Corporation
Alan M. Brown, President
480-305-4507
480-452-0286 (fax)
Send us an Email
TombstoneMining.com
EuroGas Group
Eurogas.com
This treatment of water flooded oil wells in Montana is good news for Planet. If they can get a few more customers who repeatedly purchase more on a monthly or quarterly basis we will see this share price rise.
I'm watching for the Kuwaiti oil clean up project to start soon also.
Something good must be happening for the company to push the stock up 45% in one day.
Is there advertising campaign producing sales?
Did they get a big contract from their new distributors?
Did a big contract from Kuwait come in?
I'm watching for a NR.
THIS IS MORE GOOD NEWS:
Planet Resource Recovery Signs Stocking Distributor to Market & Distribute PetroLuxus(TM) and AquaLuxus Family of Products
Print
Alert
Planet Resource Recovery, Inc. (PN) (USOTC:PRRY)
Intraday Stock Chart
Today : Monday 1 July 2013
Planet Resource Recovery, Inc. (PINKSHEETS: PRRY) is pleased to announce that it has signed a Stocking Distributor Agreement with Petro & H2O Global Remediation, LLC of San Antonio, Texas to market and distribute PetroLuxus™ and AquaLuxus products.
Petro & H2O Global Remediation, LLC is a newly formed entity that was founded by F. Blake Dietzmann, Tom Hernandez and Rick Gonzales. The founders have been practicing law in San Antonio and throughout Texas with over 50 years of combined experience. Throughout their years of practice they have compiled an impressive database of contacts in the Water and Oil & Gas Industry as well as the Agricultural sector. Petro & H2O Global Remediation will focus their marketing and distribution efforts in the Eagleford Shale, the Permian Basin in West Texas numerous farmers, as well as water purveyors throughout South Texas.
Mr. F. Blake Dietzmann, President & Member of Petro & H2O Global Remediation stated, "We are extremely enthusiastic about distributing Planet's products. PetroLuxus WC was highly recommended to me by an oil man that uses the product down hole. These products will greatly change the Oil & Gas, Farming, as well as water industries. Currently, Oil & Gas drilling in the Eagleford and Permian Basin is unprecedented. Additionally, South Texas consistently experiences devastating droughts and treating water wells with AquaLuxus WC will save Oil Companies and Water Purveyors millions of dollars."
President & CEO of Planet Resource Recovery, Enrique Salinas, said, "The founders of Petro & H2O Global Remediation are first class gentlemen. Their database and contacts in the Oil & Gas Arena and Agricultural Sector are considerable. We look forward to working with them as we further penetrate the market."
About Planet Resource Recovery, Inc.
Planet Resource Recovery, Inc. is the developer, manufacturer and marketer of the PetroLuxus™ Technology Platform which currently include the NSF/ANSI Standard 60 Certified PetroLuxus™ family of products for the Oil & Gas industry and AquaLuxus for the water industry. For more information visit: www.planetresource.net.
Safe Harbor Statement
Under The Private Securities Litigation Reform Act of 1995: The statements in this presentation that relate to the Company's expectations with regard to the future impact on the Company's results from new products in development are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The results anticipated by any or all of these forward-looking statements may not occur. Additional risks and uncertainties are set forth in the Company's Annual Report for the year ended December 31, 2011. The Company undertakes no obligation to publicly release the result of any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof, or to reflect the occurrence of unanticipated events or changes in the Company's plans or expectations.
Contact:
Planet Resource Recovery, Inc.
281-213-5266
Thanks B402
Paul Sweeney | Director
Mr. Sweeney has over 30 years of experience
in the financial management of mining and
renewable energy companies. Mr. Sweeney
was instrumental in arranging the $470 million
project loan for the Toba Montrose Project and
the $175 million project loan for the Dokie Project.
Mr. Sweeney is also a member of the Board of
several other publicly-traded companies.
THE HEATING ELEMENT IN THE TEST FACILITY IN COLORADO HAS FAILED.
FROM THEIR JUST RELEASED REPORT:
Genie Oil and Gas (GOGAS)
GOGAS currently generates no revenues. GOGAS’ operating expenses consist primarily of research and development expense and expenses of its intellectual property development and other business development efforts. GOGAS accounts for its investment in AMSO, LLC using the equity method.
GOGAS reported $2.8 million of combined R&D and G&A expense in 1Q13, compared to $2.3 million in the year ago quarter and $2.9 million in 4Q12. The year over year increase primarily reflects increased G&A expense incurred by GOGAS’ business development efforts in Mongolia and Israel. Equity in the net loss of AMSO, LLC increased to $1.1 million in 1Q13 from $0.8 million in the year ago quarter, reflecting the operating costs of the pilot project and the cost of equipment modifications and other preparations for the re-start of the pilot test plant. GOGAS’ loss from operations was $(3.9) million for both 1Q13 and 4Q12, compared to $(3.1) million in 1Q12.
AMSO, LLC is a joint venture oil shale exploration and production initiative with Total, S.A. operating pursuant to a federal Research, Development and Demonstration lease on federal lands in Colorado.
AMSO, LLC has constructed a pilot facility designed to validate key assumptions of its in-situ oil shale recovery process and has received all permits required for pilot test operations. In early March, 2013, AMSO, LLC initiated its oil shale pilot test in Colorado by turning on the electric heater. After approximately two weeks of operation, before the pilot could attain steady-state operations, the down-hole electric heater failed. While pilot operations were too short to allow conclusions to be drawn about the ultimate viability of our approach, the operating team did learn valuable information that will help to optimize operating conditions for future pilot operations.
AMSO is currently evaluating additional modifications to the electric heater to improve its reliability while simultaneously developing engineering plans for a hot fluid circulating (HFC) heater. In this approach, the heat is generated above ground and transferred to the retort zone via piped fluids. Although development and testing of these units could delay the pilot test re-start by approximately a year, the HFC approach is more readily applicable to the approach expected to be used in AMSO’s eventual commercial operations. During the current quarter, AMSO expects to make a decision whether to proceed with another electric heater test or to move directly to HFC heater development and testing.
IEI holds an exclusive Oil Shale Exploration and Production license covering 238 square kilometers in the Shfela basin region in Israel. In mid-April, IEI received the governmental directives required for preparation and submission of an environmental impact statement. The environmental impact statement is a necessary component of IEI’s pilot permit application, and a permit is needed to construct and operate an oil shale pilot test facility. IEI intends to submit its pilot application during the second quarter of 2013.
In April 2013, the government of Israel finalized the award to a Genie Energy subsidiary of an exclusive, 36 month petroleum exploration license covering 396.5 square kilometers in the Southern portion of the Golan Heights. Afek Oil and Gas, Ltd., (formerly Genie Israel Oil and Gas, Ltd.), a Genie subsidiary, is carrying out the work pursuant to this license. Afek has added seasoned oil and gas exploration professionals to its team and has begun initial geophysical tests to characterize the site and is currently making preparations for additional geophysical, seismic, and drilling operations.
On April 19, 2013, Genie Oil Shale Mongolia, LLC (Genie Mongolia), and the Petroleum Authority of Mongolia entered into an exclusive oil shale development agreement to explore and evaluate the commercial potential of oil shale resources on a 34,470 square kilometer area in Central Mongolia.
The five year agreement calls for Genie Mongolia to explore, identify and characterize the oil shale resource in the survey area and to conduct a pilot test using in-situ technology on appropriate oil shale deposits. Genie may seek to proceed to commercial development via a production sharing agreement in accordance with Mongolian law.
Anyone know what they're referring to?
http://moneymorning.com/ppc/reports/copper.php?gclid=CPHn3Iyn9rYCFcfd4Aodvw4Afg
GO SUPER LBSR!!
I think it is JP Morgan who is putting together a copper ETF similar to GLD.
This could change everything! Wow!
Planet Resource Products Certified Safe by NSF;
Meet American National Standards Institute
Drinking Water Standards
NSF/ANSI Standard 60 Certification Greatly Broadens Sales Potential
HOUSTON - January 31, 2013 - Planet Resource Recovery, Inc. (PINK SHEETS: PRRY) is pleased to announce that NSF International has certified the Company's product lines, PetroLuxus™ and AquaLuxus, to be Safe and Non-toxic according to American National Standards Institute (ANSI) standards for drinking water. Both product lines received rigorous toxicology testing and the manufacturing facility underwent inspection & audit to obtain NSF/ANSI Certification in accordance with international health and safety standards for drinking water. For Official Listing visit: NSF.org/Planet
NSF International is The Public Health and Safety Company™, providing public health and safety risk management solutions to companies, governments, and consumers around the world. NSF/ANSI 60: Drinking Water Treatment Chemicals - Health Effects is the internationally recognized health effects standard for chemicals that are used to treat drinking water.
In 2011, Company Management targeted 2013 as the year to commence the commercialization of the AquaLuxus family of products. After successful field tests using AquaLuxus WC in irrigation and domestic groundwater wells, it became imperative to obtain NSF/ANSI 60 certification to confirm the product's safety and broaden the utilization and acceptance of the product in the water industry. During the field tests, the Company, its distributors and manufacturer's reps encountered numerous groundwater well contractors and municipalities that were very interested in utilizing AquaLuxus WC but were unable to proceed, due to the lack of drinking water safety certification. The NSF/ANSI Standard 60 certification opens the doors and greatly expands the potential markets to municipal water systems, as well as irrigation and domestic groundwater wells worldwide.
Additionally, the Company submitted its oil field chemical family, the PetroLuxus™ product group, for the identical ANSI testing. PetroLuxus™ WC passed the toxicology testing and was certified by NSF as meeting the NSF/ANSI Standard 60 criteria for chemicals used to treat drinking water. PetroLuxus™ products may assist operators in the Oil & Gas industry reduce their reliance on current chemicals used for the recovery of hydrocarbons having the potential to contaminate drinking water. A new PetroLuxus™ product is currently being evaluated as replacement/enhancement component of fracking fluids. The Company believes the ANSI certification of PetroLuxus™ WC may provide attractive alternatives for the safe and efficient production and processing of hydrocarbons by the Oil & Gas industry.
# # #
About Planet Resource Recovery, Inc.
Planet Resource Recovery, Inc. is the developer, manufacturer and marketer of the PetroLuxus™ Technology Platform which currently include the NSF/ANSI Standard 60 Certified PetroLuxus™ family of products for the Oil & Gas industry and AquaLuxus for the water industry. For more information visit: www.planetresource.net.
Safe Harbor Statement
Under The Private Securities Litigation Reform Act of 1995: The statements in this presentation that relate to the Company's expectations with regard to the future impact on the Company's results from new products in development are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The results anticipated by any or all of these forward-looking statements may not occur. Additional risks and uncertainties are set forth in the Company's Annual Report for the year ended December 31, 2011. The Company undertakes no obligation to publicly release the result of any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof, or to reflect the occurrence of unanticipated events or changes in the Company's plans or expectations.
As I remember, the drill used in Big Chunk was rated for up to 2000 feet.
I agree this is a really good sign. They are now doing the right things. Next if they get an audited financial statement it will improve their chances of success.
The field trials of PetroLuxus in oil wells in Utah looks hopeful too.
K1
I love your attitude Paul!!!!
That was a great video!
Thanks
"Sample 1) originated from a Municipal Water system that contained 66.7 ppb Arsenic. After treatment, Arsenic levels were quickly dropped to 5 ppb, a 92.5% reduction. Sample 2) originated from a farm where the irrigation water contained 250 ppb Arsenic. After treatment, Arsenic levels were quickly to 10 ppb, a 96.0% reduction."
Planet Resource Recovery, Inc. (PINKSHEETS: PRRY) is pleased to report that the Company has received the preliminary results of laboratory testing on a new, enhanced AquaLuxus blend under development for elimination of heavy metals from water. The initial lab reports show a significant reduction of arsenic concentrations in arsenic contaminated water samples.
Arsenic is a natural occurring element of the earth's crust that is toxic to humans. Arsenic enters water supplies either from natural deposits in the earth or from industrial and agricultural pollution. Arsenic has been linked to cancer of the bladder, lungs, skin, kidney, nasal passages, liver and prostrate. In an effort to protect consumers, the EPA set the arsenic standard for drinking water at 10 ppb (parts per billion) for public water systems.
Field testing of AquaLuxus WC (Well Clean) demonstrated a rapid reduction of dissolved arsenic levels at low concentrations. This observation led to the investigation into higher concentration levels of arsenic and the affects of AquaLuxus. Planet's technical staff developed new, enhanced blends to specifically target higher arsenic and heavy metal concentrations.
Arsenic laden samples were treated using the new formulation AquaLuxus resulted in significant reduction in arsenic levels. Sample 1) originated from a Municipal Water system that contained 66.7 ppb Arsenic. After treatment, Arsenic levels were quickly dropped to 5 ppb, a 92.5% reduction. Sample 2) originated from a farm where the irrigation water contained 250 ppb Arsenic. After treatment, Arsenic levels were quickly to 10 ppb, a 96.0% reduction.
About Planet Resource Recovery, Inc.
Planet Resource Recovery, Inc. is the developer, manufacturer and marketer of the PetroLuxus™ Technology Platform. PetroLuxus products are Green Technologies that maximizes hydrocarbon recovery in the Oil & Gas industry. Documented well history case studies indicate deployment of PetroLuxus technologies has helped Oil & Gas Operators reduce maintenance costs and decrease downtime and increase oil recovery. AquaLuxus products are new products for the Water industry. For more information visit: www.planetresource.net.
THIS MAY CAUSE NAK & LBSR TO DROP THIS WEEK
http://www.pbs.org/wgbh/pages/frontline/alaska-gold/?autoplay
The Bristol Bay region of southwest Alaska is home to the last great wild sockeye salmon fishery in the world. It’s also home to enormous mineral deposits—copper, gold, molybdenum—estimated to be worth over $300 billion. Now, two foreign mining companies are proposing to extract this mineral wealth by digging one of North America’s largest open-pit mines, the “Pebble Mine,” at the headwaters of Bristol Bay. FRONTLINE travels to Alaska to probe the fault lines of a growing battle between those who depend on this extraordinary fishery for a living, the mining companies who are pushing for Pebble, and the political framework that will ultimately decide the outcome.
Frontline PBS is reporting on the Alaska Gold Rush i.e. copper and the salmon problem.
Tuesday evening on PBS
www.pbs.org/wgbh/pages/frontline/alaska-gold/
Thanks "777" for the Chicago Update.
I think we have another Big Chunk down south.
K1
I have just returned from the Charlotte meeting.
There were 28 people in attendance for the 8 AM meeting. I thought this was quite good since many people have to work at that time. A few people came and had to leave early, so maybe there were 30 people. They appeared to be very supportive of Jim.
There were several who asked for the private placement forms. I think some private moneys will come from this group.
We didn't hear anything new that hasn't already been reported here before. The one thing that stood out was how that the Arizona claims are proving to be much bigger than Jim originally hoped for. They truly are another super project.
Go LBSR!!!!
The Mass Migration of the Super-Rich
http://www.cnbc.com/id/47599766
Meanwhile, Chinese millionaires and billionaires are flocking to the United States in record numbers. More than two thousand Chinese citizens sought to immigrate to the United States in 2011 through the so-called “investor visa.” That’s more than twice the number in 2010. The program allows foreigners and their families to receive permanent U.S. residency for an investment of $500,000 or more (or in some cases $1 million or more) that also creates a minimum number of jobs.
I like this:
The Arizona Strip has higher grade production from breccia pipes. The Arizona 1 mine is currently producing with a track-record of resource replacement. A second mine (Pinenut) is expected to open in 2012. Shaft sinking is expected to begin at the Canyon mine in the fourth quarter 2012, pending regulatory approval, and the EZ1 & EZ2 properties are progressing through permitting.
HOUSTON, TX--(Marketwire -04/02/12)- Planet Resource Recovery, Inc. (Pinksheets: PRRY.PK - News) and Kent Weisenberg are pleased to announce that they have entered into a Settlement Agreement and Mutual Release, effective March 8, 2012, fully and finally resolving all disputes between all parties.
By virtue of that Agreement, all parties have fully released one another and dismissed all lawsuits, 17,964,285 shares of restricted PRRY common stock issued in connection with the underlying transaction have been returned to Planet, and all intellectual property acquired from Weisenberg by Planet has been returned to Weisenberg. All other terms of the Agreement remain confidential.
About Planet Resource Recovery, Inc.
Planet Resource Recovery, Inc. is the developer, manufacturer and marketer of PetroLuxus™ Technology Platform products, a Green Technology that maximizes hydrocarbon recovery in the Oil & Gas industry. Documented well history case studies indicate deployment of PetroLuxus technologies has helped Oil & Gas Operators reduce maintenance costs and decrease downtime and increase oil recovery. For more information visit: www.planetresource.net.
Safe Harbor Statement
Under The Private Securities Litigation Reform Act of 1995: The statements in this presentation that relate to the Company's expectations with regard to the future impact on the Company's results from new products in development are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The results anticipated by any or all of these forward-looking statements may not occur. Additional risks and uncertainties are set forth in the Company's Annual Report for the year ended December. 31, 2009, the Company's Quarterly Report for the First quarter ended March 31, 2011. The Company undertakes no obligation to publicly release the result of any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof, or to reflect the occurrence of unanticipated events or changes in the Company's plans or expectations.
Contact:
Planet Resource Recovery, Inc.
281-213-5266
Email Contact
HAY MOUNTAIN & TOMBSTONE
(This is an update from 1999. These are the same projects that are coming up and being funded today for LBSR.)
Feb 5, 1999 Progress Update
http://www.jaba.com/ (This is the former Liberty Star name.)
30 years of data has been compiled on JABA's Hay Mountain project using a computer geographic information system (GIS)
data base. Those who follow JABA's news releases will remember that JABA had a joint venture with Phelps Dodge on this project, however, Phelps Dodge dropped out upon their corporate decision to drastically curtail almost all exploration within the US and Canada.
JABA retained all the property and data generated on the project. Compilation of this data, as well as new aeromagnetic data purchased by JABA indicates that older aeromagnetic anomalies were mis-located, prompting the mis-targeting of all
subsequent work. JABA has found that:
1. There is a substantial aeromag high approximately 3.5 miles long, probably representing a porphyry copper-gold style intrusive at relatively shallow depth;
2. This hidden body is surrounded by a distal, sub-micron gold halo, symmetrically arranged around the magnetic high (values as high as approximately 1.5 ounces have been obtained from silicified zones at the surface in the limestone host rock);
3. A circular structural anomaly is apparent on rectified color photo mosaics surrounding both the mag high and the gold
zone (this appears to be a structural feature related to the intrusive activity); and
4. Significant soil anomalies in gold, arsenic, and mercury
are also present in the distal zone.
Jim Briscoe has prepared a comprehensive Power Point slide presentation on the Hay Mountain project encompassing the geologic, geochemical, and geophysical aspects of the property. During the last week in January, in conjunction with the Cambridge House Investment Conference and the Cordilleran Round Up in Vancouver, Jim presented this information to a variety of major and intermediate companies. The information was well received, and JABA expects to be conducting field visits this spring.
The attitude of participants at the conferences in Vancouver was
optimistic. There were few that had not experienced a very grim 1998, but there seemed to be signs of an upturn in the new year.
Presentations have also been made or are underway for our projects at:
1. East Silver Bell where a new porphyry copper center with thick leached capping indicating a potentially enriched chalcocite blanket at greater depth was penetrated by 4 RC holes this summer;
2. Yardley where a mag low 1.3 miles long by 0.5 miles wide surrounded by four large mag highs – the entire magnetic anomaly covering approximately 8 square miles - has been
defined. This signature suggests a porphyry copper center surrounded by skarn. One RC hole has encountered copper-moly anomalous massive magnetite skarn alteration, confirming that the source of the magnetic highs are originating from skarn;
3. Tombstone-Walnut Creek where geochemical
patterns suggest a porphyry copper center with skarn copper, gold, silver, zinc, lead replacement deposits;
4. Beatty, Nevada where a.) the Providence Project forms the east wall of the Barrick Montgomery open pit now dormant,
and b.) the Tram Ridge property abuts Rayrock's Mother Lode mine property and lies on the extension of the Mother Lode fault - vein; and
5. At Randsburg, California where JABA claims abut the Glamis Gold Rand Project.
6. Apache, Arizona where Drs. Silberman & Armstrong have identified a several kilometers long gold bearing quartz vein that appears to be the feeder to previously mapped gold-bearing jasperoids. We will keep you advised as news of developments occur.
Approximately 100 surface geochem samples have been taken over extensions of mineralization at the Sullivan project. Metal anomalies have yet to be interpreted. Negotiations with the underlying property owner to allow additional metallurgical studies continue.
This is great news for the company. It said that no money exchanged hands, but maybe some stock did, since the litigants have now become distributors.
Maybe we will see some sales of Petro Luxus now.
Could this be a new beginning for the company?
Now can they bring their financials up to date?