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.
Things in Abu Dhabi that make you go hmmmm....
Check out the info in this reply
Looks like all the same claims.....check back to see what happen in 2011
KATX & KAT Gold DD AS OF January 7, 2011
KAT EXPLORATION’S PRINCIPLE OBJECTIVE:
Quote:
Kat Exploration's principal objective is to locate, stake, prove up and sell mineral properties to major mining companies. It is the Company's objective to take advantage of increased activity to generate numerous joint venture clients, and sales of our existing and yet to be acquired properties.
http://finance.yahoo.com/news/Kat-Exploration-Announces-pz-2721659684.html?x=0&.v=2
Regarding the recent float reduction in the third quarter of 2010:
As per the Third Quarter Disclosure statement posted October 11, 2010, Kat Exploration reduced the float by ANOTHER 41,383,486 shares!
http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=37338
A quick geology tutorial video series produced by Riverside Resources, covering various sampling techniques, mapping, drilling & drill cores, and lab assays:
http://www.rivres.com/investor-centre/jm-geo-tutorial.html
Geophysics video: http://www.youtube.com/watch?v=f1GeNljM0T8&feature=related
Birdmanbob’s video tour: http://www.youtube.com/watch?v=FeoJuCqr1z8
Important recent news releases:
January 7, 2011: KATX to move to OTCBB, Adds 102 new claims to Rusty Ridge (RR), awaits further assays from RR hole 2, looks to engage new IR firm, provides update on Kat Gold share distribution.
http://www.marketwire.com/press-release/KAT-Exploration-Inc-Update-on-Company-Events-1377322.htm
December 23, 2010: KAT Exploration Inc. Drills Rare Earth Elements (REE's) at Rusty Ridge (RR). Announces partial results for RR hole 2 – elevated levels of REEs.
http://www.marketwire.com/press-release/KAT-Exploration-Inc-Drills-Rare-Earth-Elements-REEs-at-Rusty-Ridge-1373395.htm
October 13, 2010: Drilling Initiated on Rusty Ridge Property with Potential Iron Oxide-Copper-Uranium-Gold-Silver-Rare Earth Deposits
http://www.katexploration.com/index.php?option=com_blog&view=comments&pid=27
KAT Exploration, Inc. to Commence Drilling on Rusty Ridge Iron Oxide Copper Gold Property the week of October 11, 2010
http://www.marketwire.com/press-release/KAT-Exploration-Inc-Commence-Drilling-on-Rusty-Ridge-Iron-Oxide-Copper-Gold-Property-1330693.htm
KAT Exploration Inc. to Drill Test IOCG Targets at Rusty Ridge (permits in, tenders called for)
http://www.marketwire.com/press-release/KAT-Exploration-Inc-to-Drill-Test-IOCG-Targets-at-Rusty-Ridge-1312722.htm
JEAP APROVAL
Kat Exploration Inc. would like to inform it shareholders that the company was approved for the “Junior Exploration Assistance Program”(JEAP) of $100,000.00 toward its phase one expenses on the Handcamp property. JEAP is a Government funding program whereby junior mining companies are awarded a maximum of $100,000/genuine drill program in which the project cost will exceed that amount.
http://katexploration.com/index.php?option=com_blog&view=comments&pid=17
HANDCAMP DRILL RESULTS FOR PHASE I
http://www.marketwire.com/press-release/KAT-Exploration-Inc-Bella-Viaggio-Inc-Handcamp-Drilling-Intersects-Very-Encouraging-1309659.htm
KATX files paperwork to issue unrestricted shares
http://www.marketwire.com/press-release/KAT-Exploration-Inc-Updates-on-1-to-4-OTCBB-Shares-Distribution-of-BVIGOB-1308380.htm
KAT Exploration and Bella Viaggio, Inc. Welcome "Senior Vice President of Capital Projects" to Board of Directors and KATX expands Handcamp property AGAIN with 77 additional claims
July 29, 2010
http://www.marketwire.com/press-release/KAT-Exploration-Bella-Viaggio-Inc-Welcome-Senior-Vice-President-Capital-Projects-Board-1297501.htm
KAT Exploration and Bella Viaggio, Inc. Updates Investors on Its Handcamp Drill Project (all drill holes thus far intersect mineralization)
July 22, 2010
http://www.marketwire.com/press-release/KAT-Exploration-Bella-Viaggio-Inc-Updates-Investors-on-Its-Handcamp-Drill-Project-1294326.htm
KAT Exploration Inc. Announces Option Agreement to Purchase 100% of the "Cabot" Copper/Gold Properties (Lots of copper and VISIBLE GOLD)
Jul 19, 2010 09:54 ET
http://www.marketwire.com/press-release/KAT-Exploration-Inc-Announces-Option-Agreement-Purchase-100-Cabot-Copper-Gold-Properties-1292069.htm
KAT Exploration and Bella Viaggio, Inc. Commence Drilling on Handcamp Gold Property
Jul 06, 2010 10:01 ET
http://www.marketwire.com/press-release/KAT-Exploration-and-Bella-Viaggio-Inc-Commence-Drilling-on-Handcamp-Gold-Property-1285962.htm
KAT Exploration and Bella Viaggio, Inc. Updates on Handcamp Geophysics and Drill Project
Jun 29, 2010 13:35 ET
http://www.marketwire.com/press-release/KAT-Exploration-Bella-Viaggio-Inc-Updates-on-Handcamp-Geophysics-Drill-Project-1283494.htm
KAT Exploration Initiates Drilling Program on Rusty Ridge IOCG Property
Jun 16, 2010 09:50 ET
http://www.marketwire.com/press-release/KAT-Exploration-Initiates-Drilling-Program-on-Rusty-Ridge-IOCG-Property-1277037.htm
KAT Exploration Signs Three-Year Option Agreement Contract With Vale
Jun 11, 2010 10:00 ET
http://www.marketwire.com/press-release/KAT-Exploration-Signs-Three-Year-Option-Agreement-Contract-With-Vale-1274884.htm
Be on the lookout for new filings:
DD Machine: http://www.ddmachine.com/
KAT Exploration Nevada Secretary of State filings:
http://nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=J8szY3FcAPHkNelvFsm4DA%253d%253d
KAT Gold Holdings Corp. Nevada Secretary of State filings:
http://nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=Ji6hnCJCRNX541ZMO6c0Rg%253d%253d
Search for new filings on the SEC EDGAR system:
http://www.sec.gov/edgar/searchedgar/webusers.htm
KATX OTC filings:
http://www.otcmarkets.com/stock/KATX/financials
BVIG OTC filings:
http://www.otcmarkets.com/stock/BVIG/financials
Future Company Structure:
Initially, Kat Exploration (Pink:KATX) was to become two OTCBB companies, Kat Copper Holdings. (OTCBB:KATC) and Kat Gold Holdings (OTCBB:KATG). Kat Gold will become the parent company for Kat Copper, a subsidiary.
http://www.marketwire.com/press-release/KAT-Exploration-Inc-Distributes-1-4-OTCBB-Shares-BVIGOB-Provides-Update-on-Handcamp-1272825.htm
KATX shareholders as of record date July 16, 2010, are to get 1 share of Kat Gold per every share of KATX held on that date. Kat Gold Holdings has been purchased, but for the time being retains the ticker (OTCBB:BVIG) which belonged to the original company purchased. It may be changed to KATG in the future. I imagine Kat Exploration’s ticker (KATX) and name will be changed to Kat Copper (KATC) following the move to the OTCBB.
KATX properties: Rusty, North and South Lucky, Clifton, Colliers, Shaylee, Cabot, Twilite etc.
KAT Gold properties: Handcamp (Twilite may go to Kat Gold as they acquire the means to complete the purchase).
The company initially published a draft flow chart (below), but has since stated, it will make adjustments/changes.
Company Structure Flow Chart:
http://www.katexploration.com/Graphics/KATX-KATG%20Structure.pdf
Quote:
COMPANY FLOW CHART INQUIRES
In response to a number who have been inquiring as to how the flow chart on our website is structured, please be advised that we have been aware of some needed adjustments or tweaking for some time now and those adjustments will be made public in the very near future. Questions on the ‘Wholly Owned’ portion will be answered as mentioned in the near future as well. We wish to thank you for your patience and please continue to monitor this site and other news outlets for more information and updates on this and other company activities.
http://katexploration.com/index.php?option=com_blog&view=comments&pid=15&Itemid=0
One January 7, 2011, Kat Exploration announced:
Quote:
While much speculation has been raised as to why the delay in BVIG share distribution, the company wishes to assure its shareholders that we and our attorneys are working through the SEC rules and regulations in order to comply with all required filings. We realize that while many have been anxiously waiting for the distribution to take place, we ask for continued patience as the process for this procedure moves forward. We will inform shareholders when the distribution filing is approved by all regulatory institutions.
The company is also in the initial stages of filing a 15c211 in order to move Kat Exploration Inc from the Pink Sheets listing to that of the OTCBB. As progress moves forward with these filings further updates will be made available to shareholders and public.
The company is also in the process of engaging a full service Investor Relations firm to assist in its communication with shareholders and public alike.
http://www.marketwire.com/press-release/KAT-Exploration-Inc-Update-on-Company-Events-1377350.htm
Kat Gold Holdings (OTCBB: BVIG) share distribution info
Quote:
KATX Blog Update: Regarding the BVIG ¼ share distribution.
It has been brought to our attention that some unfounded rumor has been circulating with regards to the BVIG share distribution. The rumor that the distribution is on hold for an indefinite period of time is unfounded and therefore not true. About one month ago KATX had received 65m shares from BVIG which was a portion of the 161m shares for the Handcamp. At that time the authorized was just 70m shares for BVIG and therefore had to wait until we received approval for the increased authorized to take effect in order for BVIG to issue the remaining 96m to KATX. The authorized has now been approved and Monday 13th Sept our attorneys submitted supporting documents to the TA for the issuance of the remaining 96m to KATX. Upon receiving those remaining shares, KATX will then proceed with returning both shares certificates of 65m and the 96m back to the TA for Book Entry and the 1-4 distribution will take place. We appreciate the patience of all recipients of the 1-4 stock.
http://www.katexploration.com/index.php?option=com_blog&view=comments&pid=16
Quote:
Per the December 22, 2010 Kat Gold (OTCBB:BVIG) 8-K:
On June 4, 2010, pursuant to a purchase agreement (the “ Agreement ”) dated as of May 28, 2010 by and between BVIG and Kat Exploration Inc., a company organized under the laws of Nevada (the “ KATX”), BVIG acquired (the “ Acquisition ”) 100% of the mineral rights that KATX then held in and to “Handcamp,” a gold property located in the Province of Newfoundland and Labrador, Canada (the “ Property ”) from KATX in exchange for 161,000,000 (the “ Handcamp Shares ”) shares of its Common Stock. BVIG issued 65,000,000 Handcamp Shares to KATX on June 4, 2010; the remaining 96,000,000 Handcamp Shares were issued on September 14, 2010.
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7621865
The delivery of all 161 million Kat Gold (BVIG) shares to KATX were confirmed per the Kat Gold SC 13D filed December 22, 2010:
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7621698
What is the relationship between KATX and Handcamp?
How would KATX benefit from positive results on the Handcamp?
Here’s the plan: KATX explores Handcamp, gets great results, signs a JV or sells the property, and brings in money for BVIG/KATG, who in turn funds KATX (as their parent company), in order to do a very large drill program on the Cabot property(Copper/Gold), the Rusty Ridge(REE plus gold potential) and exploration on other properties...which in turn brings in more money to Kat Gold...and more money to fund KATX (and so on).
Now, let's take a look at the properties. I’ve “borrowed” from various sources and tried my best to cite each source. My thanks goes out to all the DD hounds in the KATX board.
List of current KATX & KATG claims:
does not include new Handcamp claims as of July 27, 2010
Thanks Rick-UK!
You can research these claims by going to this website and changing the various “layers” (ie. mineral rights, geophysics, geochemistry, etc.) : http://gis.geosurv.gov.nl.ca/resourceatlas/viewer.htm
You might try zooming in to get a closer look at the area highlighted in the red box below. You should be able to find all of our properties there. You can use the tools on the left and right-hand side to do a little research. You can also select claims and query the database for those claims.
HERE’S AN EDUCATIONAL ARTICLE ON WHAT ARE “GOOD” ASSAY RESULTS?
http://www.miningbasics.com/why-wait-drill-results-junior-mining-company
HOW TO READ AND CONVERT RESULTS TO UNDERSTANDABLE UNITS
ABOUT THE KATG PROPERTIES
SPEAKING OF THE HANDCAMP GOLD PROPERTY
High grade – Gold, Copper, Zinc , Lead & Silver.
Quote:
KAT Exploration, Inc. and Bella Viaggio, Inc. Handcamp Drilling Intersects Very Encouraging Gold Mineralization at Shallow Depths
KAT Exploration, Inc. (PINKSHEETS: KATX) and Bella Viaggio, Inc. (OTCBB: BVIG) are pleased to announce that the drilling program at their Handcamp Project intersected very encouraging gold mineralization at shallow depths. Diamond drill hole DDH 004 intersected 6.3 g/t (0.18 oz./ton) gold and 111.6 g/t (3.3 oz./ton) silver over 1.9 m (1.4 m estimated true width) including 10.8 g/t (0.32 oz./ton) gold and 222.4 g/t (6.5 oz./ton) silver over 0.9 m (0.7 m estimated true width) within a wider interval grading 3.1 g/t gold and 42.6 g/t silver over 5.9 m (4.4 m estimated true width).
Diamond drill hole DDH 012 intersected 5.5 g/t (0.16 oz./ton) gold over 1.8 m (1.4 m estimated true width) within a wider interval grading 3.5 g/t gold (0.10 oz./ton) over 3.5 m (2.6 m estimated true width). Both intersections occur within an even broader mineralized zone defined by elevated gold that includes 1.2 g/t gold over 20.9 m (15.6 m estimated true width) in DDH 004 and 1.0 g/t gold over 17.8 m (13.3 m estimated true width). Three other holes (DDH-002, 003 and 005) also intersected strong gold mineralization over wide widths as shown in the summary table. The gold is typically accompanied by elevated silver, lead and zinc.
Results of the current exploration program indicate that the mineralized zone at Handcamp is outlined well by induced polarization geophysics. The current drilling program tested the mineralized zone for approximately 0.9 km along strike (trend) at 250m to 300m spaced intervals and to a maximum vertical depth of 200 m. DDH 012 is the southwestern most drill hole of the current program and is approximately 600m southwest of the main Handcamp showing. During the second phase of exploration, the mineralization in DDH 012 will be tested to depth and along strike to the northeast and southwest where the IP anomaly has been traced a further 500 m and remains open. Two other induced polarization anomalies subparallel to that delineating the Handcamp mineralized zone remain to be tested by diamond drilling. One, about 350 m to the northwest, has been traced for 1.2 km and remains open and the second is about 900m to the northwest, and has been traced for 700 m and remains open. The two anomalies are viable targets for testing in the second phase of exploration.
Trenching completed at four locations north and south of the Main Hand Camp prospect exposed disseminated sulphide mineralization in altered volcanic rock that contains anomalous gold, silver, lead and zinc concentrations over an approximate strike length of 600 m and over widths of up to 20 m in trenched rock exposures.
Ken Stead, President CEO, states, "The first phase of exploration, which included induced polarization geophysics, trenching and 1640m of diamond drilling in 12 drill holes, has now been completed on the Hand Camp Property. A second phase starting this fall is in planning and will include additional line cutting, induced polarization geophysics and diamond drilling. With data collected so far and the very encouraging results from this first phase, the company feels that this project warrants a full scale exploration program to determine the true significance of the deposit. With just four areas drilled at such wide intervals within such a large structure and the fact that we intersected gold in all 12 drill holes, we feel there is high potential for further encouraging results within this mineralized structure. Also the number of targets yet remaining to be tested outside this determined structure lends itself to a high degree of optimism that this project will be of great value to the company."
Geochemical analyses and assay data consistently and routinely return anomalous gold, silver, lead, zinc and copper values over considerable widths. As an added bonus the distribution of these elements is uniform in comparison to many gold deposits that are subject to the nugget effect enhancing the potential for the delineation of economic concentrations of polymetallic mineralization.
The Company's exploration work on the Handcamp Project is supervised by J. Wayne Pickett, M.Sc. P.Geo., a member of the Professional Engineers and Geoscientists of Newfoundland and Labrador and a Qualified Person as defined in NI 43-101. Mr. Pickett has verified that the results presented above have been accurately summarized from the official assay certificates provided to the Company.
http://www.marketwire.com/press-release/KAT-Exploration-Inc-Bella-Viaggio-Inc-Handcamp-Drilling-Intersects-Very-Encouraging-1309659.htm
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7519490
You can read the interpretation of Handcamp Phase I results here (scroll down):
http://www.katexploration.com/index.php?option=com_blog&view=comments&pid=14
Quote:
Phase I Exploration Expenditures
Details of expenditures related to Phase I exploration aggregating approximately $392,000 are presented in Table II .
Phase II
The objectives of the next phase of exploration are: to test for further extension of mineralization related to the Handcamp mineralized zone; to drill test other targets already identified in the area; and potentially identify new ones as a result of geophysical, geological and geochemical surveys to be carried out on extensions of the existing grid. As part of Phase 2, a program has already been initiated to include 73km of line-cutting (completed), to be followed up by soil sampling, geological mapping, prospecting, IP surveys and diamond drilling (See “ Figure 4 ”). Soil sampling is to be completed on the extended grid in an effort to locate exploration targets for follow-up exploration. An IP survey will be completed as a priority along with follow-up prospecting and geological mapping on targets identified by the geophysical and geochemical surveys. Further trenching may be required in local areas to facilitate mapping. An enhanced drilling program (3,000m) is also planned that will include testing mineralization to the south where it appears to improve, as well as other targets identified from results of the geophysical and geochemical surveys already completed. It will also include holes to the north and west contingent on additional targets that may be identified by the induced polarization and soil geochemical surveys.
Further exploration beyond Phase II is contingent upon positive results from that phase. If warranted, a multi-phase exploration program will be carried out with the initiation of each new phase contingent on positive results from the previous phase. Continued positive results from the multi-phase exploration program would lead ultimately to a third party pre-feasibility study and production decision.
A total expenditure of $10M is anticipated to be required to implement all of the phases, with approximately $6.5M required in order to implement the next two phases of delineation drilling contingent on the success of Phase II exploration. Should any of the exploration phases prove unsuccessful at the Property, any financing raised for the execution of the work could be redirected to other projects under the direction of the Company. A budget outlining estimated costs for Phases 2 and 3 is presented below as Table III .
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7519490
Handcamp Phase-II drilling grid displayed below:
Quote:
Based upon the Company’s [Kat Gold Holdings Corp.] present cash position, it will need to raise additional capital prior to December 31, 2010 in order to fund further exploration and acquisitions. The Company is in discussions with prospective investors to provide additional funding in exchange for equity. In order to finance further exploration and acquisitions, the Company will need to raise a minimum of $2.5 million…There are at present no specific plans to acquire properties from KATX.
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7519490
KAT Exploration and Bella Viaggio, Inc. Welcome "Senior Vice President of Capital Projects" to Board of Directors and expands Handcamp by another 77 claims
Quote:
Jul 29, 2010 10:25 ET
KAT Exploration and Bella Viaggio, Inc. Welcome "Senior Vice President of Capital Projects" to Board of DirectorsMOUNT PEARL, NEWFOUNDLAND--(Marketwire - July 29, 2010) - KAT Exploration Inc. (PINKSHEETS: KATX) (www.KATexploration.com) and Bella Viaggio, Inc. (OTCBB: BVIG) are very pleased to announce that J. Wayne Pickett has agreed to join the companies as a director and "Senior Vice President of Capital Projects." Mr. Ken Stead, CEO, commented that "on behalf of the board of directors, we are delighted to have someone with this caliber of a geological background to oversee all the company's projects as we move forward ever so rapidly." All present and future geologists along with field crews will work under the direction of Mr. Pickett.
Please check the link for Mr. Pickett's resume.
http://www.katexploration.com/PressReleases/Wayne%20%20Pickett%20Resume%202010.pdf
Also, on June 26th, 2010, 77 new claims were staked around the most Northern claims of the Handcamp property as more new discoveries have been found. This latest discovery is approximately 2 kms to the North of the main Handcamp showing and appears to be an extension of the latest north western anomalies recently discovered through Induced Polarization (IP). This mineralized zone contains very impressive massive sulfides and samples have been sent to the lab for gold and base metal analysis. No drilling or trenching has taken place in those new areas thus far but will be part of another drill phase as we continue to move the project forward.
See attached pictures.
Nine drill holes have been completed to date with all holes intersecting mineralization. Hole #7 tested the mineralized structure at 180 meters (612ft) down section and intersected mineralization over a width of 30 meters. This is extremely encouraging as we now know that, not only does the strike length of the mineralized structure continue for at least a minimum of 1400 meters and open at both ends, it has a minimum depth of 180 meters and also open at depth. With new mineralized structures being discovered to the west and far north, this increases the potential of the property significantly.
Results are beginning to be received from the lab and Jim Weick along with Wayne Pickett will begin the compilation of these results which will be published in an upcoming press release.
http://www.marketwire.com/press-release/KAT-Exploration-Bella-Viaggio-Inc-Welcome-Senior-Vice-President-Capital-Projects-Board-1297501.htm
Quote:
KAT Exploration and Bella Viaggio, Inc. Updates Investors on Its Handcamp Drill Project
MOUNT PEARL, NEWFOUNDLAND--(Marketwire - July 22, 2010) - KAT Exploration, Inc. (PINKSHEETS: KATX) and Bella Viaggio, Inc. (OTCBB: BVIG) are very happy to inform shareholders of the ongoing first phase drill program on its Handcamp high grade Gold property.
To date six (6) holes have been completed with the seventh in progress. All six holes have intersected the mineralized zone as outline in soil sampling, Induced Polarization(IP) and trenching. The purpose of the holes was to test mineralization near surface and at depth.
All holes have been drilled at an azimuth of 110 degrees perpendicular to the northeast strike of the 1.4 km structural zone that hosts Hand Camp mineralization.
As the first two drill holes, DDH-001 and DDH-002 were located on the same setup on line 2+00 South approximately 50m west of the Main Trench Showing (Trench #1).
DDH-001 drilled at a dip of-45 degrees intersected mineralization from 68.0m to 79.0m for a total width of 11.0m (37.4ft).
DDH 002 completed at a dip of-65 degrees intersected mineralization from 93.0m to 102.5m a total width of 9.5m(32.3ft).
As the third drill hole, DDH-003 was drilled at a dip of-45 degrees on line with DDH-001 and 002, approximately 25m from the Main Trench as a check on the consistency of mineralization from surface to DDH-001 and 002. It intersected mineralization from 36.0m to 49.0m over a total width of 11.0m(37.4ft).
The fourth and fifth holes DDH-004 and DDH-005 were completed on the same setup approximately 200m north of drill line DDH-001, 002 and 003 approximately 25m west from the Main Hand Camp showing.
DDH-004 completed at a dip angle of-45 degrees intersected mineralization from 29.1m to 45m over a width of 18.9m(64.3ft).
DDH-005 drilled from the same setup at an angle of-65 degrees intersected mineralization from 39.4 to 82.6 a total width of 43.2m(146.9ft).
A sixth hole, DDH-006 recently completed at a dip angle of-45 degrees, 50m west of DDH-004 and DDH-005 intersected mineralization from 118m to 151m a total width of 33m(112.2ft) at a vertical depth of approximately 100m(340ft).
The seventh hole, DDH-007being drilled from the same setup at a dip angle of-65 has been designed to test for the continuation of this mineralization down dip at a vertical depth of approximately 120m (408ft)... at a greater vertical depth than all previous drilling.
Zone #1 where the first 3 drill holes took place still show that mineralization continues at depth and will require deeper testing to determine the true depth of this area of the structure.
Zone # 2, 200m north of zone #1, where the latest 3 drill holes took place, showed even greater width at greater depths and is now being tested by DDH-007 to see if the mineralization continues.
President/CEO Ken Stead commented "We are very pleased and excited with the drill program thus far and we look forward to the lab results determining the gold and base metal contents. One would have to understand the significances of these drills holes hitting mineralization at such depths and width, with already known gold showings on surface above the drilled areas. And taking into consideration the amount of mineralization discovered along with the limited amount of drilling in comparison to the known depth and 1400m strike length of the mineralized structure, lends itself to huge potential for the Handcamp property.
Mr. Stead further states, "Samples from most of the holes drilled thus far have been logged and sent to the lab with a request to expedite analytical results. We will let our shareholders and investment community know as soon as we have the results from the lab."
http://www.marketwire.com/press-release/KAT-Exploration-Bella-Viaggio-Inc-Updates-Investors-on-Its-Handcamp-Drill-Project-1294326.htm
FANTASTIC NEWS. Now we've hired another geologist/ geophysicist! Looks like Handcamp is going to be bigger than originally expected.
Quote:
KAT Exploration and Bella Viaggio, Inc. Updates on Handcamp Geophysics and Drill Project
MOUNT PEARL, NL--(Marketwire - June 29, 2010) -
...Due to the latest discoveries of several new very strong IP targets the company has decided to engage the services of another geologist and geophysicist to work along with Mr. R. James Weick on laying out a very constructive drill program. These discoveries have created a much bigger work load and latest trenching has uncovered extensive amounts of sulphides over a strike length of 700 meters.
Some of the bigger targets extend west of the grid and south of where the geophysics ended. Therefore, the company has decided to extend the latest geophysics in both of these areas as it was recommended by the geophysicist who did the interpretation of the first round of geophysics.
Ken Stead, President and CEO, stated, "The more work we do, the more new discoveries are being found, all of which causes us to take a serious look at other areas of the property too… it has been requested that the contractor leave his excavator on site because we feel very strongly that after the extended geophysics are completed there will be many other areas that will need trenching and quite possibly drilling."
Shareholders will be informed immediately upon the first turning of the drills.
http://www.marketwire.com/press-release/KAT-Exploration-Bella-Viaggio-Inc-Updates-on-Handcamp-Geophysics-Drill-Project-1283494.htm
NEW CLAIMS AS OF JULY 27, 2010! MUST BE EXPECTING EXCELLENT ASSAY RESULTS…
77 new claims around Handcamp posted today
http://gis.gov.nl.ca/mrinquiry/License.asp?License=017917M
Check out these some of these numbers on Handcamp(g Au/ton): 16.08, 31.38, 82.81, 94.10 158.0 g Au/ton
Quote:
KAT Exploration and Bella Viaggio, Inc. Commence Drilling on Handcamp Gold Property
MOUNT PEARL, NEW FOUNDLAND--(Marketwire - July 6, 2010) - KAT Exploration, Inc. (PINKSHEETS: KATX) www.katexploration.com
KAT Exploration, Inc. (PINKSHEETS: KATX) and Bella Viaggio, Inc. (OTCBB: BVIG) are pleased to inform its shareholders & investment community that drilling on the Handcamp high grade gold property has begun today.
The first selected drill targets are taking place over the exposed outcrop known as the "Main Handcamp" showing, where channel samples generated a result of 7.1 g/t gold over 28ft along the surface.
The first series of three holes will be drilled at different intervals down depth. The next series also consists of three down depth holes two hundred meters south of the first drill holes. This is a new area that was discovered during the first round of an IP survey which coincided with gold anomalies in soils. The next series of holes will be in several areas to the north where IP, soils and trenching revealed strong anomalies near surface and at depth along with heavy mineralization in uncovered outcrops. This first phase of drilling will take place within a 1400 meter strike length of a very impressive gold bearing structure.
A second round of an IP survey will be carried out North West of the grid which is showing another large anomaly open to the west. This new target is very large and requires immediate testing to confirm the magnitude and size of the target.
Mr. Dean Fraser P. Geo and a geophysicist (RDF Consulting Ltd.) have been contracted to work with Mr. R. James Weick on the Handcamp project including the second round of geophysics.
President & CEO Ken Stead: "Over the weekend meetings with both geologists and geophysicist for a complete overview of the work thus far has demonstrated some new discoveries which has shed additional light on the potential of the Handcamp project. Like all companies, when a project gets to the stage of drilling, there is always a certain amount of apprehension and uncertainty as to what it will produce. However, the results of the ongoing work have strengthened our feelings to a much higher level of excitement and anticipation."
Qualified Persons
Mr. R. James Weick P. Geo & Mr. Dean Fraser P. Geo and a geophysicist, an Independent Qualified Person as defined by National Instrument 43-101 has reviewed the drill program, supervised the preparation of the scientific and technical information and verified the data supporting such scientific and technical information contained in this news release.
New photographs of the latest trenching have been added to the KAT Exploration website exposing large mineralized zones within the 1400 meters strike length [http://www.katexploration.com/handcamp_trenching.html ].
At certain stages of the drilling program, when results have been obtained from the lab contracted to analyze the drill samples, a press release will inform shareholders of those results.
http://www.marketwire.com/press-release/KAT-Exploration-and-Bella-Viaggio-Inc-Commence-Drilling-on-Handcamp-Gold-Property-1285962.htm
Quote:
KAT Exploration Discovers up to 5840 PPB of Gold in Soil Samples and 31.4 g/t Au in Outcrop at Handcamp Gold Property
MOUNT PEARL, NF--(Marketwire - March 1, 2010) - KAT Exploration Inc. (PINKSHEETS: KATX) www.katexploration.com --
KAT Exploration is pleased to release the results of 1457 soil samples received from Actlabs in Ontario, Canada for Gold and base metal analysis. The results have shown several very impressive anomalies over certain sections of the grid which encompass less than one quarter of the overall property. Soil samples have been digitally plotted by an independent geologist on grid maps that can be viewed at KAT's website www.katexploration.com under the "Handcamp" Property.
To the SE portion of the grid lies a very strong, distinct anomaly of Zinc stretching for over 900m X 300m that would no doubt warrant intense follow up.
To the West and NW portion of the grid is a very large cluster of Copper anomalies extending beyond the western boundary of the grid . This is also very exciting as it leaves the door open for more discoveries. off the grid, yet still on the Handcamp property.
Of most interest to the company and importance to the property is the extent of Gold throughout the western, central and NE parts of the grid. In all three sections where high gold results are located in soils, rock samples have verified gold in the underlying outcrops with the central portion of the grid being particularly impressive, where soil results were as high as 5840ppb Au with 31.4 g/t Au in outcrop underneath this same area…
These main anomalies extend as much as 1 km (1000 meters) from the high grade zones where the first phase of drilling will take place. This demonstrates the significance of how widespread gold and base metals are throughout the property.
http://www.marketwire.com/press-release/KAT-Exploration-Discovers-up-5840-PPB-Gold-Soil-Samples-314-g-t-Au-Outcrop-Handcamp-1193541.htm
Quote:
KAT Exploration is pleased to release the results of 1457 soil samples received from Actlabs in Ontario, Canada for Gold and base metal analysis. The results have shown several very impressive anomalies over certain sections of the grid which encompass less than one quarter of the overall property. Soil samples have been digitally plotted by an independent geologist on grid maps that can be viewed at KAT's website www.katexploration.com under the "Handcamp" Property [see one digital plot below].
http://www.marketwire.com/press-release/KAT-Exploration-Discovers-up-5840-PPB-Gold-Soil-Samples-314-g-t-Au-Outcrop-Handcamp-1124037.htm
Quote:
The "Handcamp" is located approximately 33km north of Badger, central Newfoundland and 10km northeast of the old abandoned "Gullbridge" copper mine…Superimposed on the volcanogenic sulphide mineralization is epigenetic disseminated gold mineralization. The best sulphide mineralization is associated with sericite schist with veinlets and dissemination having been traced over a strike length of 1200m…Rock samples were collected over the prospected areas with numerous samples showing very significant mineral content with some gold numbers as high as 158g/t Au, 94g/t Au, 82g/t Au. along with excellent Zn, CU, Ag numbers ( massive to simi-massive sulphides ). A chip sample was cut over the main Handcamp gold showing averaging 7.1g/t Au over 8m (27ft). Due to the world interest in gold, this property will become the focus for Kat Exploration over the next years.
http://www.katexploration.com/properties.html
Quote:
According to CEO Ken Stead: “[Handcamp] is just south of the new gold processing facility which just opened this year by Anaconda Mining. That in itself is just south of what used to be the Nugget Pond Gold Mine, which is now being operated by Crew Gold and then there’s the Duck Pond Deposit, which is being mined as a massive sulphide deposit, and is a bit to the south also."
Speculation:
Handcamp’s situation so close to existing gold mines and Anaconda Mining’s gold processing facility could make a potential JV with Anaconda a good prospect for both companies.
What is also of interest is the fact that Handcamp lies absolutely dead central within an area marked out by the Canadian Government as being of special interest due to its underlying geology, and was given special attention in an air survey of Canada [see next three graphics].
-courtesy of Rick-UK
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=50326084
Here’s an Induced Polarization map for the latest Handcamp geophysics:
DON’T FORGET THAT KEN WAS SO IMPRESSED BY THE EXPLORATION RESULTS THUS FAR THAT HE ADDED TO THE PROPERTY:
http://www.marketwire.com/press-release/KAT-Exploration-Secures-Large-Land-Packages-Around-Its-Handcamp-Twi-lite-Properties-1113751.htm
Here's another possible Joint-Venture (JV) for Handcamp. Check out what the CEO says regarding Handcamp and Aur Resources:
Quote:
From: Ken Stead <kstead@katexploration.com>
Subject: Re: Hi Ken QUESTION ???
To: birdmanbob4
Date: Wednesday, March 3, 2010, 3:54 PM
XXX,
Any mining company in the world would just love to get their hands on VMS, it really brings quite a bit of value to each ton of rock mined. Just to the south in the same belt of rocks that the Hand camp is in, is the "Duck Pond" VMS deposit but they do not have near the gold that we have.
Aur Resources Announces Development Decision for the Duck Pond ...
The Duck Pond deposit has proven and probable reserves of 4.1 million tonnes at an average grade of 3.3% Cu, 5.7% Zn, 59 g/t Ag and 0.9 g/t Au. ...
www.encyclopedia.com/doc/1G1-126132569.html
Ken
Quote:
From: birdmanbob4
To: Ken Stead
Sent: Wednesday, March 03, 2010 6:38 PM
Subject: Re: Hi Ken QUESTION ???
...I am wondering about the mines and companies close to us are they geared to process the other minerals as well like the copper and Zinc...or am I correct in my thinking that Vale has a Processing place on the mainland that is geared best for the "Multi Mineral" thing? ...In other where is the best place to take our dirt?...
The truth will set you free!
Quote:
From: Ken Stead <kstead@katexploration.com>
Subject: Re: Hi Ken QUESTION ???
To: birdmanbob4
Date: Wednesday, March 3, 2010, 4:11 PM
The Duck Pond refinery is best suited for this
Ken
If you're wondering how good the DD is on this board, perhaps check out investor911's DD on a possible deal with Vale, months before the actual deal: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=46255277
SPEAKING OF THE TWI-LITE PROPERTY
FYI:
Quote:
Dec 21, 2009 08:00 Kat Exploration Inc. Announces Option Agreement to Purchase 100% of the "Twi-Lite" High Grade Gold Property
MOUNT PEARL, NL--(Marketwire - December 21, 2009) - Kat Exploration Inc. ("Kat") (PINKSHEETS: KATX) http://www.katexploration.com
..."We are very pleased to have the Twi-Lite property as part of our gold portfolio. It provides us with greater opportunity to expand our position as a real gold player. The company's field crews will now build on past work and examine high priority targets which offer excellent potential for the discovery of new gold mineralization.
"Our management team believes that Twi-Lite is a highly prospective property based on strong exploration results to date, its favorable geology and strategic location," said Ken Stead, President and CEO of Kat Exploration.
http://www.marketwire.com/press-release/Kat-Exploration-Inc-Announces-Option-Agreement-Purchase-100-Twi-Lite-High-Grade-Gold-1093875.htm)
Quote:
Twilite Gold Property
The Twi-lite property, lies along the western margin of the Botwood Basin, central Newfoundland, It is situated approximately 30 kms southwest of the Moosehead gold prospects and has similar potential for epithermal gold mineralization.
The two major structural elements within the survey area are NE-NNE and NW faults. These two directions are well represented within the Discovery showing and have been noted as being associated with gold mineralization. The regional depth calculations, carried out using the Source Parameter Imaging Technique indicates that two major “graben” type structures may occur within the area; one striking NW-SE along the Victoria Lake-Badger Group overlap and the other along the Badger Group-Botwood Group NE striking fault contact. Through the central portion of the area, immediately east of the Discovery showing, major N-S faults are evident on the processed magnetic maps. At the southern end these N-S structures control eastern boundary of the Victoria Lake Group and in the north they appear to form the eastern edge of the Lemotte’s Ridge Sequence.
Some results to date:
The Discovery Prospect: Zone of quartz veining and associated silicification, high of 202 g/t Au (Visible Gold).
The Spring Pit prospect: bedded pyrite/mafic fault gouge (high of 14.9 g/t).
The 320 Vein: zone of quartz veining and quartz breccias (high of 16.6 g/t).
The Paddy’s Pitt prospect: silicified and brecciated siltstone (high of 23.80 g/t.)
http://www.katexploration.com/properties.html#2
KEN STEAD WAS SO IMPRESSED WITH THIS PROPERTY THAT HE RECENTLY ADDED TO IT:
Quote:
MOUNT PEARL, NL--(Marketwire - February 8, 2010) - KAT Exploration Inc. (PINKSHEETS: KATX) www.KATexploration.com would like to inform its investors that it has secured areas of interest around its Handcamp and Twi-lite properties.
The company thought it very important to stake the land packages around both these properties as gold is becoming the main interest amongst exploration companies today.
A total of 5,311 acres was staked around our Handcamp property along with 5,805 acres around the Twi-lite property.
This will now allow the company to carry out larger exploration programs in both these areas in a quest to extend the present gold discoveries.
http://www.marketwire.com/press-release/KAT-Exploration-Secures-Large-Land-Packages-Around-Its-Handcamp-Twi-lite-Properties-1113751.htm
ABOUT THE KATX PROPERTIES
SPEAKING OF THE LUCKY PROPERTIES:
Quote:
KAT Exploration Signs Three-Year Option Agreement Contract With Vale
MOUNT PEARL, NL--(Marketwire - June 11, 2010) - KAT Exploration Inc. (PINKSHEETS: KATX) ("KAT") is pleased to announce that it has signed an option agreement with Vale Exploration Canada Inc. ("VEC"), a wholly-owned subsidiary of Vale S.A. ("VALE"), on its North and South Lucky copper properties on the Bonavista peninsula in eastern Newfoundland. Under the terms of the agreement, VEC has committed to an initial C$20,000 cash payment on signing and may elect to make further cash payments totaling C$75,000 over the three-year option period, and may elect to incur a minimum of C$750,000 in exploration expenditures within the option period to earn an 80% interest in the Lucky properties.
Upon VEC's exercise of the option, a joint venture will be formed to further develop the properties, with each party contributing to further approved exploration programs as per their interest. VEC will be the operator of the exploration programs during the option period.
The Lucky properties are in a geological setting with the potential for sediment-hosted stratiform copper (SSC) deposits. The Lucky properties have the potential to produce low-grade, large tonnage copper deposits similar to those of the Zambia copper belt.
Ken Stead, President/CEO of KAT, states, "The very fact that a company of Vale's caliber has enough interest in the area and sees enough potential in the Lucky properties to warrant an option with KAT, leaves us very excited. We are very pleased to be exploring these copper properties with Vale and look forward to bringing them to their full potential."
The Lucky properties are located on the Bonavista Peninsula in eastern Newfoundland, and are accessible by well-maintained roads, allowing for exploration programs to be carried out fairly quickly and comfortably.
Copper mineralization is quite visible in an old pit near a gravel road with impressive malachite staining along with chalcocite strata bound within the more sandy beds of the sediments with assay results of 2.5% Cu in the more concentrated areas. The most recent discovery was on our North Lucky property where well-disseminated chalcopyrite was found in exposed outcrop approximately 10km north of the South Lucky property.
About KAT Exploration Inc.
KAT Exploration's principal objective is to locate, stake, prove up and sell mineral properties to major mining companies. It is the Company's objective to take advantage of increased activity to generate numerous joint venture clients, and sales of our existing and yet to be acquired properties.
About VEC
VEC is a wholly-owned subsidiary of Vale, the world's second largest mining company by market capitalization, with its headquarters in Brazil. Vale is committed to the pursuit of sustainable growth by operating with respect for the natural environment and being an ethically and socially responsible company.
Jack Zwicker
KAT Exploration Inc.
Investor Relations
Ph 902-497-3188
jzwicker@katexploration.com
http://www.katexploration.com
http://www.marketwire.com/press-release/KAT-Exploration-Signs-Three-Year-Option-Agreement-Contract-With-Vale-1274884.htm
EMAIL FROM KEN STEAD RE: THE SIGNIFICANCE OF VALE DEAL
Quote:
Posted by: siljie Date: Saturday, June 12, 2010 9:28:00 AM
In reply to: None Post # of 61799
Email response from Ken for some insights:
My QSN: First of all, I'm excited that Vale is interested! Well done, and congratulations to all of us! The PR says that VALE has paid $20,000 (and possible 75,000 for extending this 3 yrs) to own the option to JV with KATX. If Vale chooses to spend at least .75 million for exploration costs, they then own 80% of the claims, and 20% stays with KAT. My first question is, what if Vales does not choose to do this, but chooses to exercise the option to JV, what kind of terms might we be looking at, and is it better for KATX to fund the exploration ourselves, prove up reserves and get a more valuable deal?
Ken's ANS: First off, the $20K & $75K is money that is paid at the beginning of each anniversary date is just to cover the cost of administration. No major company will pay much of anything until they are pretty certain there's something there. If Vale does not complete the 3 year deal and spend .75 million (which would take them to a feasiblity study so they know there's a deposit there) then the property returns to KAT 100%. The advantage KAT has is, VALE is building a $2.5 billion refinery just to the south of the Lucky properties and need copper for process. If there is a deposit there worth mining they will not sit on it as that’s their reason for working… in such an urgent way.
My QSN: 2ndly, why has KATX agreed to give up 80% of its interests in return for this sub-million exploration cost, the exchange appears vastly disproportionate? I am not knowledgeable on the mining industry, so I'm not sure if really the 80:20 will turn out to be a really balanced exchange eventually accounting for all associated costs etc (I don't know these). And/Or perhaps it is justified to significantly sweeten the deal for VALE for subsequent dealings to work out in our favour. Please give me some insights into these.
Ken's ANS: After the 3 year option is execised then comes a feasibilty study which would cost nothing less then $50 million to which Vale will have to pay 80% of the cost. If there is not an ecomomical deposit then we've saved our money and Vale has wasted its. Also, most deals like this for a smaller company like KAT might just stand the chance of only being able to retain a 2% NSR(net smeltering royality). A copper/silver deposit such as could possibly be on the Lucky property has the potential to be valued at $5 billion and much more. That being the case KAT owning 20% of the deposit would equal in value of $1 billion for KAT, which any company would be happy to own. Therefore 20% of an economical deposit has tremendous value for a company.
I sent this today around noon time Europe, and got a reply in 45min.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=51220992
So how significant would that 20% be for us? Have a look at some of the deals these junior exploration companies worked out that made them worth BILLIONS: http://miningmarkets.ca/issues/story.aspx?aid=1000334564&type=Print+Archives
Now take a look at our Lucky properties.
Quote:
MOUNT PEARL, Newfoundland--(BUSINESS WIRE)--Kat Exploration (OTC-Pink Sheets: KATX) is happy to report that its exploration program carried out this summer on its 100% wholly owned “Lucky” Property has been a real success.
Copper mineralization is quite visible in an old pit near a gravel road and impressive malachite staining along with chalcocite is strata bound within the more sandy beds of the sediments. The horizon that contains the mineralization has been traced for approximately 8 miles with copper mineralization at a thickness of 300ft in places. Assay results of 2.5% Cu [COPPER]were discovered in the most exposed areas within this horizon. The most recent work uncovered several large areas of semi-massive to well disseminated chalcopyrite approximately 4 miles on strike from the open pit which reveals the highest copper grades to date.
This type of environment has the potential to produce low grade, large tonnage copper deposits similar to those of the Zambia copper belt.
To secure an area of interest the company recently staked 1225 acres of new land mass where some recent grab samples produced copper results of .5% along with anomalous gold.
More ground work is planned for the Northern portion of the property where the most recent copper occurrences were discovered.
In its future endeavors the company would hope to ensure non-dilutive options where the merits of the projects will fund the operations. As one of the co-founders of Cornerstone Resources Inc., who had done joint ventures with major mining companies such as Noranda, Phelps Dodge, and other major companies, Mr. Stead is quite familiar with world class mining companies and is confident in bringing their interest to Kat’s projects as they move forward. Future press releases will provide more updates to confirm more guidance on the direction of the company.
http://ca.news.finance.yahoo.com/s/23112009/34/biz-f-business-wire-kat-exploration-report-recent-discoveries-its-lucky-property.html
-graphic courtesy of Rick-UK
Read more here http://investorshub.advfn.com/boards/read_msg.aspx?message_id=50326701
Oh yes, and:
Quote:
MOUNT PEARL, Newfoundland, July 2, 2009 (GLOBE NEWSWIRE) – Kat Exploration Inc. is pleased to announce its "Lucky" Property is ready for drilling.
http://finance.yahoo.com/news/Kat-Exploration-Announces-pz-2778940824.html?x=0&.v=1
Here’s some data from previous work done on South Lucky (see whole report at http://gis.geosurv.gov.nl.ca/geofilePDFS/ReceivedBatch22/002C_0178.pdf ):
-Thanks to “homevendor” for finding this one.
NOTE: to convert ppm (parts per million) to percent (%) divide the ppm value by 10,000
SPEAKING OF THE RUSTY RIDGE PROPERTY:
Quote:
KAT Exploration Inc. Drills Rare Earth Elements (REE's) at Rusty Ridge
MOUNT PEARL, NL--(Marketwire - December 23, 2010) - KAT Exploration Inc. (PINKSHEETS: KATX) www.katexploration.com
KAT Exploration Inc. (PINKSHEETS: KATX) is pleased to inform its shareholders and the investment community that partial analytical results have been received from two diamond drill holes completed at its 100% owned Rusty Ridge property. Drilling tested two separate target areas: a deep coincident gravity and magnetics anomaly in drill hole RR10-01 and Rare Earth Element (REE) plus gold potential within altered peralkaline felsic volcanic rocks in RR10-02.
Hole RR10-02 intersected variably altered and mineralized peralkaline felsic volcanic rocks throughout the upper 245 meters of the 344 meter long hole. Initial ICP analytical results indicated elevated lanthanum and cerium through several sections; these, along with other selected sections of the drill hole were sent for a complete suite of rare earth and associated elements. Results have been received for the upper section of the drill hole from 30 to 40.1m. The analyses indicate a 7.5m interval from 30.0 to 37.5m having elevated rare earth elements and zircon, returning a weighted average of 0.164% TREO (including yttrium) consisting of 0.113% LREO and 0.051% HREO (including yttrium). The results also returned 0.268% zirconium dioxide, 0.039% Nb2O5 (niobium oxide) and 0.022% rubidium. A table showing all analyses will be posted to our website in the near future. Additional samples are being analyzed for the rare earth and associated elements from other deeper sections of the hole and will be reported when received.
Hole RR10-01, approximately 500 meters south of RR10-02, was drilled to a depth of 719.3 meters to test a coincident gravity and magnetics anomaly. The hole intersected mafic volcanic rocks, conglomerates and mafic intrusive rocks that contain indications of sub-economic copper mineralization throughout most of the drill hole (including native copper and chalcopyrite). The conglomerate unit is also strongly hematite altered, which could explain the gravity anomaly. The upper part of the magnetics geophysical anomaly is coincident with a thick magnetic mafic dyke.
Ken Stead, President/CEO, states: "We are very encouraged by the presence of rare earth element rich rocks at Rusty Ridge and are eagerly awaiting the next batch of assays to find out just how consistent REE are at depth and if the grades improve. While there is much work yet to be carried out to determine the significance of this discovery, we feel we are in the very early stages of a most interesting project."
The property will be re-examined in light of potential for additional rare earth element mineralization. Further testing of the main Rusty Ridge zone as well as other targets including strong IP (Induced Polarization) anomalies, some of which are coincident with gravity anomalies, will be considered.
The property is located near roads, seaports and power infrastructure, improving the economics of any mineral deposits found.
Rare earth elements reported were analyzed by Acme Labs in Vancouver using their Group 4B analytical method, which produces accurate analyses of the rare earth and associated elements.
The Company's exploration work on the Rusty Ridge Project is supervised by Barry A. Sparkes, B.Sc. (Hons.), P.Geo. and J. Wayne Pickett, M.Sc. P.Geo., both members in good standing of the Professional Engineers and Geoscientists of Newfoundland and Labrador. Mr. Sparkes and Mr. Pickett have verified that the results presented above have been accurately summarized from the official assay certificates provided to the Company.
This press release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 and is subject to the Safe Harbor created by those sections. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. Such forward-looking statements by definition involve risks, uncertainties and other factors, which may cause the actual results, performance or achievements of Kat Exploration Inc. to be materially different from the statements made herein.
http://www.marketwire.com/press-release/KAT-Exploration-Inc-Drills-Rare-Earth-Elements-REEs-at-Rusty-Ridge-1373395.htm
FYI:
TREO = Total Rare Earth Oxides
LREO = Light Rare Earth Oxides
HREO = Heavy Rare Earth Oxides
Read more about Rare Earth Elements (REEs) here: http://en.wikipedia.org/wiki/Rare_earth_element
Quote:
January 7, 2011: ...results have been received from the upper 50m of the 334m of hole #2 [see Dec 23rd PR]...the remainder of the selected sections sent for analysis...may still be a couple more weeks before results are received.
Another 102 new claims have been staked around the original Rusty Ridge claims in order to protect the area for future exploration.
http://www.marketwire.com/press-release/KAT-Exploration-Inc-Update-on-Company-Events-1377350.htm
Screen shot of the new staked claims record (below):
http://gis.geosurv.gov.nl.ca/resourceatlas/viewer.htm
and here's the "claims inquiry" and description:
http://gis.geosurv.gov.nl.ca/mrinquiry/license.asp?license=018404M
Drill Targets:
Historical Info on Rusty Ridge:
Quote:
MOUNT PEARL, NEWFOUNDLAND--Cornerstone Capital Resources Inc. (CDNX - CTP) has received the results of a 3-D magnetic inversion completed on data over a portion of the Ken's Mountain magnetic anomaly on the South Princess property. The work had been undertaken to further investigate the potential for iron oxide-copper-uranium-gold-silver-rare earth deposits in the area...
Further work in 2001 showed the Ken's Mountain area to exhibit several geological, geophysical and geochemical characteristics associated with iron oxide-copper-uranium-gold-silver-rare earth deposits, particularly deposits in Australia. The most striking characteristic is the fact that the 12 X 4 km magnetic anomaly in the Ken's Mountain area [a.k.a. “Rusty Ridge”] is adjacent to the Charlottetown Fault, a major regional structure. The South Princess area rocks developed in an extensional continental environment during late Proterozoic time, a setting common to a number of the world's largest iron oxide type deposits...
http://www.marketwire.com/press-release/Cornerstone-Capital-Resources-Inc-Exploration-Update-South-Princess-Property-381714.htm
Quote:
Jun 16, 2010: ETKAT Exploration Initiates Drilling Program on Rusty Ridge IOCG Property
MOUNT PEARL, NL--(Marketwire - June 16, 2010) - KAT Exploration Inc. (PINKSHEETS: KATX) www.katexploration.com
KAT Exploration is pleased to inform its shareholders and investment community that a deep drilling program on its Rusty Ridge Iron Oxide, Copper & Gold (IOCG) property is being initiated in order to test two major Induced Polarization (IP)/Magnetics targets. Application for drilling has been submitted to Newfoundland Department of Mines & Energy to carry out the work.
A Canadian geological firm with much experience in the Olympic Dam type deposits have been contracted to carry out the project under the direction of our present geologist Mr. James Weick.
The Rusty Ridge targets have been identified by an airborne survey and ground geophysics which can be viewed on KAT's website.
The coincidental magnetic IP resistivity and soil geochemical anomalies suggests potential for a body of Iron Oxide +/- Base, Precious and Rare Earth Element type mineralization, similar in style and settings to the giant Olympic Dam deposit in Australia.
The presence of a large magnetic body that appears to be intrusive into the overlying rock sequence that appear regionally altered, are variably pyritic and contain vein type fluorite mineralization and appears to suggest a magnetic origin for the mineralization.
Anomalous levels of the Light Rare Earth Elements (LREE) cerium and lanthanum, all present in Olympic Dam were not only detected in soils but also in rock samples as well in our Rusty Ridge property. In addition, the soil geochemistry also produced anomalies in silver, gold & copper.
President and CEO Ken Stead stated, "This project will be very significant for the growth of the company if the defined targets at depth prove to be a multi-mineral ore body similar to that of the Olympic Dam, or any deposit for that matter. We know the targets are very intense and now we are ready to prove what they are by means of a series of deep drill holes."
Shareholders and Investors will be kept up to date as this drill project moves forward…
http://www.marketwire.com/press-release/KAT-Exploration-Initiates-Drilling-Program-on-Rusty-Ridge-IOCG-Property-1277037.htm
SO WHY IS RUSTY RIDGE SO SPECIAL?
From: http://emg.geoscienceworld.org/cgi/reprint/11/1-4/125
~Thanks to stocksgonewild
Quote:
MOUNT PEARL, Newfoundland, June 15, 2009 (GLOBE NEWSWIRE) -- Kat Exploration (Pink Sheets:KATX - News; http://www.katexploration.com/) is pleased to announce that exploration on it's "Rusty Ridge"(IOCG) property was highly successful in identifying coincidental magnetic IP resistivity and soil geochemical anomalies that suggest potential for a body of Iron Oxide +/- Base, Precious and Rare Earth type mineralization, similar in style and setting to the giant Olympic Dam deposit in Australia… A recently completed 3D inversion modeling [shown below] of the airborne magnetic data show a discreet, strong magnetic anomaly underlying the Rusty Ridge area. Coincidental with this are moderate to strong IP chargeability anomalies that suggest either graphite or significant concentrations of sulphides. Graphite can be for the most part eliminated as the rocks are terrestrial, not marine meaning that conductive argillaceous rocks would not be expected in this environment.
Anomalous levels of the Light Rare Earth Elements (LREE) cerium and lanthanum, all present in Olympic Dam (and others), were not only detected in soils but also in rock samples. Other rare earth elements such as Yttrium(Y), Niobium(NB), Zirconium(ZR) along with Uranium, were all detected in both soil and rock samples. In addition, the soil geochemistry also produced anomalies in silver, gold and copper.
The host rocks for most of the mineral occurrences and the unit overlying the most intense portion of the magnetic anomaly is a brecciated, hematitic felsic volcanic rock, locally with veins of purple fluorite and disseminated pyrite.
This property has already generated a lot of interest from mining companies and is being offered as a Joint Venture (JV) project.
http://finance.yahoo.com/news/Kat-Exploration-Announces-pz-2721659684.html?x=0&.v=2
Here’s some work that’s been done on the “South Princess” property and “Ken’s Mountain Grid” …NOTE “Ken’s Mountain Grid” is our Rusty Ridge property:
http://gis.geosurv.gov.nl.ca/geofilePDFS/ReceivedBatch7/NFLD_2859.pdf
http://gis.geosurv.gov.nl.ca/geofilePDFS/WBox035/NFLD_2821.pdf
http://gis.geosurv.gov.nl.ca/geofilePDFS/ReceivedBatch19/NFLD_2779.pdf
http://www.cornerstoneresources.com/i/pdf/Financials_AIF07.pdf
~Thanks goes out to birdmanbob4 (BMB), PJ (Godsend), Homevendor, and the rest of the crew over at the bird’s nest for finding a lot of this information. You can find more of their DD here:
http://www.facebook.com/home.php?#!/pages/Kat-Exploration/283084523208?v=app_2373072738&ref=ts
AH, ISN’T SHE BEAUTIFUL!
Thanks to Rick-UK for the pic (http://investorshub.advfn.com/boards/read_msg.aspx?message_id=52067122)
Here’s some data points from exploration on the South Princess Property:
Quote:
New information about Rusty Ridge and Shaylee
Here's some new stuff about the Rusty Ridge / Shaylee area. A little while ago I noted that there were some claims north of Rusty Ridge from some other companies. In fact they weren't registered under a company name but that of an individual. Anyway, I did some digging and found his email address and sent him an email. He replied and we struck up an email conversation. I now know who he is, what his company is called and what his company are doing up there.
The company is called Cache Exploration. Here's the map:
Cache Exploration is searching for... Rare Earth Elements (REE)! They are organising further exploration on their claim this summer, led by a top level, award winning independent geologist and university academic. They must be confident too, because on 10th May they doubled their claim size. I also had a chat about them with our CEO Ken Stead. He knows that area well because he has already explored it and is confident that we have the best claims staked already.
So what is important about this? To my mind what is important is that Cache Exploration believe there is enough value in that area from REE deposits alone. We have our copper at Rusty Ridge and we knew that there are REE deposits up there, but this additional DD adds to the circumstantial evidence that the REE value could be immense.
-courtesy of Rick-UK
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=50549449
Cache recently quoted Kat Exploration’s Rusty Ridge property in their June 18, 2010 Press Release, and are apparently following our lead:
http://www.cacheexploration.com/news/2010-news/57-cache-expands-louil-hills-rare-earth-property.html
Recent Aerial Survey of Rust Ridge…notice the “rusty” ridge:
SPEAKING OF THE CABOT PROPERTIES (VISIBLE GOLD!)
Cabot Property Brochure: http://katexploration.com/Graphics/properties/kate/Cabot%20Brochure.pdf
Quote:
KAT Exploration Inc. Announces Option Agreement to Purchase 100% of the "Cabot" Copper/Gold Properties
July 19, 2010. KAT Exploration Inc. is pleased to announce that it has completed the signing of an option agreement with PNL Ventures Ltd, and Weyburn Investments Limited, for the Cabot properties, consisting of 138 claims in five separate licenses, located on the Baie Verte peninsula, Newfoundland.
KAT has agreed to acquire a 100 percent interest in the Cabot properties over a five-year period in consideration of total cash payments of $560,000, which includes a payment of $40,000 on signing and the remaining $520,000 over the remainder of the agreement. The agreement also includes a stock issuance of 3,000,000 shares, with 150,000 shares to be issued upon signing and the remaining 2,850,000 over the remainder of the agreement.
KAT also agrees to allocate minimum expenditure of $1.2 million over the five year term of the agreement and complete a National Instrument 43-101 on the Cabot properties.
If upon completion of a feasibility study of the Cabot Properties, KAT will pay a further four million shares, whereby it will then have earned 100% of the five licenses which make up the Cabot properties.
PNL Ventures Ltd, and Weyburn Investments Limited, will also retain a 2.5% NSR [Net Smelting Return] in which KAT Exploration has the right to purchase 1.5% of the 2.5%NSR for a total amount of $3.5 million.
Kat Exploration will be the operator of the project during the option period.
The Cabot properties are located on the Baie Verte Peninsula which is one of Newfoundland's most historic and prolific mining districts. Down through the years the Baie Verte peninsula alone has be host to numerous Copper, Gold and Massive Sulfide deposits. The "Tilt Cove" mine, the "Rambler" mine and the "Bretts Cove" mine to name just a few were all massive sulfide deposits. The "Deer Cove" mine, the "Nugget Pond" mine and the still operating "Pine Cove" mine were/are gold deposits.
The "Cabot Property," with its significant new Copper/Cobalt/Gold discoveries, is a prime example that tremendous potential still remains for new discoveries in this prolific mining region.
The Cabot zone consists of a discrete, intensely chloritized and moderately sericitized zone hosting an estimated 10-25% stringer/stockwork sulfides. The zone is interpreted to represent a feeder stockwork pipe commonly associated with volcanogenic massive sulfide deposits. The Cabot Zone had been tested with several past drill holes averaging 0.39% Cu over 21.6 meters with internal intervals grading up to 0.90% Cu over 5.78 meters. The best grade intersections over an appreciable width encountered 1.90% Copper over 2.78 meters and 1.33% copper over 3.66 meters respectively.
One mineralized zone exposed on surface, varies between 25-30 meters wide and a strike length of 700 meters. A rough calculation has indicated 18 to 20 million tons of low grade copper ore, with cobalt as a complementary mineral, together averaging approximately ½%. There are large areas of the properties unexplored with no drill testing that has the potential to increase the volume of ore significantly.
Ken Stead, President/CEO, states, "We have been in negotiations for the past several months in trying to acquire this property and very excited we've closed the deal. However, while we are excited about the Copper/Cobalt content, it's the Gold potential that is most attractive. One drill hole intersected 40 meters of anomalous gold along with one meter averaging 10 grams per ton. A number of recently discovered quartz veins have produced results of 10 grams of gold per ton with the highest reaching as high as 12 oz/ton. These are the kind of properties KAT Exploration is looking for as it continues to move forward and bring real value to its shareholders. KAT Exploration will continue to have interest in obtaining gold, copper, silver and other minerals that would prove to be substantial assets for the company. Multi-mineral ore deposits are where our focus has always been and will remain."
http://www.marketwire.com/press-release/KAT-Exploration-Inc-Announces-Option-Agreement-Purchase-100-Cabot-Copper-Gold-Properties-1292069.htm
http://www.nr.gov.nl.ca/mines&en/geosurvey/matty_mitchell/Prop_for_option-copper-zinc/cabot.pdf
Oh yeah, and we CAN drill in the winter!
SPEAKING OF THE SHAYLEE PROPERTY
Shaylee
Rock Types: Sericite schist derived from felsic volcanic and epiclastic sedimentary protholiths. The region is traversed by numerous faults, most of which are high-level brittle features. The most notable of these are the Charlottetown, Salmon Brook and Platter Cove Faults and the unnamed structure that defines the western boundary of the Love Cove Group. Some of these may represent brittle reactivation of earlier, more fundamental structures. The Shaylee copper mineralization is in a rock cut on the Bunyon's Cove road. The mineralization is approx 75m wide and continues to the shoreline approximately 1km and consists of stringers of native copper, Chalcocite and Malachite staining. Continuing along the road approximately 200m, there is another copper zone containing Chalcocite and Malachite. This showing is approximately 50m wide.
Quote:
Shaylee is a region of volcanic rock traversed by numerous faults which early indications appear to indicate contain high levels of copper. Even less is known about Shaylee than about Twi-Lite. Shaylee sits adjacent to and very nearly abutting Rusty Ridge, and was an area that Ken and Tim Stead have only very recently claimed on 11 February 2010, although they had explored the area beforehand. Shaylee has two very interesting copper anomalies, the first 1km long by 75m wide and the second 200m long by 50m wide. It’s proximity to Rusty Ridge means that KAT Exploration can include further exploration at Shaylee into its plans for exploration at Rusty Ridge, and this precisely what our CEO Ken Stead intends to do. What I also think is interesting is the idea that KAT Exploration could potentially find a JV partner for Rusty Ridge but retain the mineral rights at Shaylee, then piggyback off the work carried out at Rusty Ridge to add further value to KATX shareholders. Just an idea!
The image below shows Rusty Ridge to the right (three claim areas together) and Shaylee to the left…
--courtesy of Rick-UK
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=50326084
SPEAKING OF THE COLLIERS PROPERTY
Colliers Property
Mineralization consisting of chalcopyrite, bornite and calcite which occurs as patches and as fillings of fractures in the andesitic and basaltic rocks of the Harbour Main Group. The occurrence consists of an old working with a 90 foot (27 m) shaft. Malachite stains are abundant on the surface of the host rock. copper Mineralization also occurs in the subaerial mafic volcanic rocks as occurrences which usually contain one or more of native copper, chalcocite, chalcopyrite, covellite and bornite in veins, amygdule fillings, disseminations and shear zones. This deposit was documented as early as 1868, and other than the 27m shaft this deposit has never been drilled off leaving much unknown about the source and amount of contained copper and silver within this deposit. Assays from the surrounding host rock yielded results as high as 23.60% Copper and 236.30 g/t silver.
Quote:
New: Here is something new for you – at least actually it’s old, but not everyone will have seen it. It’s a 38 page PDF document on the Colliers property prepared by an independent Geologist called Rod Churchill of Altius Resources in October 2006. Lots of great detail and well worth the read: http://r.b5z.net/i/u/10049316/i/REPORT_ON_PROPERTY_EXAMINATION.pdf
-courtesy of Rick-UK
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=50326084
Don’t forget the MASSIVE CLIFTON AREA we recently added just south of the Lucky Properties. AND WE’RE EXPECTING A “FAIRLY QUICK AND EXTENSIVE” EXPLORATION PROGRAM IN LATE SPRING AND EARLY SUMMER!
Quote:
MOUNT PEARL, NL--(Marketwire - March 17, 2010) - KAT Exploration Inc. is pleased to announce that it has staked 346 new claims of approximately 125sq KM over impressive copper discoveries in the southern portion of the Bonavista peninsula, south of its Lucky properties in the Clifton area in eastern Newfoundland.
The company is very excited to be able to lay claims over such a favorable area where the geology, sub-aerial mafic and felsic volcanic rocks are the same as that hosting its Rusty Ridge (IOCG) property.…
Large brecciated, hematitic felsic volcanic rocks permeate the southern portion of the new claims creating the same type of environment found on the Rusty Ridge property allowing for the same high potential of another Iron Oxide, Copper-Gold (IOCG) discovery.
With copper demands on the rise worldwide, KAT feels it important to have a well stacked portfolio of copper properties that would generate significant interest from major copper producers
With great accessibility to many areas of these claims by way of woods roads, it allows the company to carry out a fairly quick and extensive exploration program in late spring and early summer.
http://www.marketwire.com/press-release/KAT-Exploration-Stakes-Large-Land-Package-Over-Copper-Discoveries-1133269.htm
Quote:
Clifton Property:
Clifton is a brand new claim area for KAT Exploration and by far our largest, reaching a whopping 124sq kilometres in size – that is a huge area and quite costly to claim and to maintain that claim (to keep a claim active, a certain amount of exploration activity must occur within a specified period, else the claim lapses).
Clifton lies south of the Lucky claims and appears to share a lot of the same underlying geology. It also has great accessibility. Our CEO Ken Stead has said that the company will carry out further exploration of this new claim area in the late spring or summer.
New: Part of the recent JV between Cornerstone and VALE was for Cornerstone’s claim to the north of Lucky and next to the VALE claims that surround Lucky. What I don’t think anyone except me has realized is where the other part of that JV is for. It’s for Cornerstone’s claims that lie just south of our Clifton claim. So VALE are JV partnering in the Clifton area as well as in the Lucky area. I hope you like that new piece of DD!
-courtesy of Rick-UK
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=50326084
Could we be getting an Option Agreement or JV with VALE on the Clifton Property as well? In my opinion, it is very likely.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=55150695
HISTORY OF SHARE STRUCTURE REDUCTIONS:
As per the Third Quarter Disclosure statement posted October 11, 2010, they reduced the float by ANOTHER 41,383,486 shares!
http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=37338
2,000,000,000 shares were retired January,14 2010
Quote:
Kat Exploration Inc. would like to inform its investors that it has retired and eliminated 2,000,000,000 shares from its treasury of authorized shares which was originally 3,030,000,000 shares. The new amount of authorized shares is 1,030,000,000 shares.
http://www.marketwire.com/press-release/Kat-Exploration-Retires-and-Eliminates-2-Billion-Shares-From-Treasury-1101927.htm
Retired an additional 300,000,000 on January 19, 2010:
Quote:
KAT Exploration Inc...has made the decision to retire and eliminate an additional 300,000,000 shares from its treasury of authorized shares of which the new amount of authorized shares will be 730,000,000 shares. Both the company and the group of private investors believe that this reduction will further enhance and solidify shareholder confidence with its secondary directions.
http://www.marketwire.com/press-release/KAT-Exploration-Retires-Additional-300-Million-Shares-Engages-New-Consulting-Group-Dual-1103663.htm
and then…
Quote:
XXXXX,
That is correct, we saw fit to remove approx.. another 8 MILLION shares from the I/O which were restricted stock from within. They were restricted and would have come open at the end of may. Just a goodwill gesture toward investors.
K Stead
NOW, HOW ABOUT FINANCING?
Quote:
KAT Exploration has secured funding for up to $5 million. The funding contract GUARANTEES $1 million over the next 6 months and the remaining $4 million to be delivered upon agreements within the contract being achieved over the course of the following 6 months of no specific date. The funding is to provide operational support for Kat for at least the next 5 years. The funding was secured with 50,000,000 restricted shares.
Kat Exploration has retired its previously executed REG-D 504. There are no REG-D 504 offerings, warrants or options in place to date.
http://www.marketwire.com/press-release/Kat-Exploration-Secures-up-5-Million-Funding-With-50-Million-Restricted-Shares-Retires-1102443.htm
and from Ken Stead’s email:
Quote:
From: Ken Stead <kstead@katexploration.com>
Subject: XXX
To: XXX
Date: Wednesday, March 31, 2010, 2:39 PM
XXX,
...All the 504 stock has been sold in to the market already and it was not to a single investor in the state of Wisconsin but to 12 over a period of 2-3 months. Our DTC sheets confirms there is no one holding any significant Kat stock at all.
Ken
Quote:
In its future endeavors the company would hope to ensure non-dilutive options where the merits of the projects will fund the operations. As one of the co-founders of Cornerstone Resources Inc., who had done joint ventures with major mining companies such as Noranda, Phelps Dodge, and other major companies, Mr. Stead is quite familiar with world class mining companies and is confident in bringing their interest to Kat’s projects as they move forward. Future press releases will provide more updates to confirm more guidance on the direction of the company.
http://ca.news.finance.yahoo.com/s/23112009/34/biz-f-business-wire-kat-exploration-report-recent-discoveries-its-lucky-property.html
KAT Exploration new BIG TIME law firm:
Quote:
Legal Counsel
Gusrae, Kaplan, Bruno and Nusbaum, LLC
120 Wall St.
11th Floor
New York, NY 10005
http://www.otcmarkets.com/pink/quote/quote.jsp?symbol=katx
KAT Exploration’s HIGHLY EXPERIENCED GEOLOGIST, Mr. R. James Weick:
VIEW HIS STELLAR RESUME HERE: http://www.katexploration.com/news/Geologist_Resume.pdf
And now, Mr. Dean Fraser P. Geo and a geophysicist (RDF Consulting Ltd.) have been contracted to work with Mr. R. James Weick on the Handcamp project including the second round of geophysics.
AND now Wayne Picket makes the third geologist on staff. He’s also on the board of directors and the Senior Vice President of Capital Projects. View his resume here:
http://www.katexploration.com/PressReleases/Wayne%20%20Pickett%20Resume%202010.pdf
VIEW DD ABOUT MR. DEAN FRASER HERE: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=52021462
FYI, MORE DD FROM RICK-UK
Quote:
The Company
KAT Exploration is managed by brothers Ken and Tim Stead who have excellent tracks records and experience and between them own a controlling interest, making for a very safe and trustworthy investment. KATX is a fully reporting pinksheet with “Current” status on pinksheets.com [soon to be KATG (OTCBB) and KATC (OTCBB)]…
Why might KATX PPS increase in value?
Junior exploration companies are worth pretty much nothing at all until they find file a claim, analyze what’s in the ground and file their NI 43-101 to prove it. Most exploration companies would be over the moon with just one good claim, but KAT has six [now more]! Not only that, but early sample analysis from Handcamp suggests KAT is sitting on an incredible amount of gold and recent activity around Lucky not only show the same thing for copper, but also hint strongly at a JV partnership with a world leading mining company VALE, who have staked massive claims around Lucky at a cost of roughly $1m in the first year. VALE would not be willing to spend this money if they weren’t seriously excited about Lucky, and Ken Stead “cannot comment” on whether he’s in discussions with them, and we all know what that means… KAT Exploration is therefore something out of the ordinary.
One year ago an exploration company called US Gold (UXG) were in a similar position to where KAT is now, with a similar share structure. They were trading at around 0.30 and were waiting on the results of test drilling so they could file their 43-101. Within weeks of filing their 43-101 the PPS went from 0.30 to $1.20 and a few months later hit $3.00. UXG’s best results were 2.9 g/t Au. By comparison, KAT’s initial sample analysis indicates 158g/t Au, 94g/t Au and 82g/t Au. Not only this, but as well as Handcamp, KAT has Lucky and four other claims as well. If UXG can hit $3.50 there is absolutely no reason why KAT cannot hit $4 OR MORE if we get a DOUBLE announcement – a 43-101 for Handcamp and a JV with VALE for Lucky.
It's very common for these type of companies to go from a few cents to multiple dollars on great drill results alone. This is because the NI 43-101 basically confirms exactly how much gold is in the ground and how much it's worth. So there’s no need to actually be mining it to make this stock go up, once people know exactly what they are sitting on and what it's worth, this will shoot up accordingly to reflect that.
We have seven claim areas, two of which look to have massive amounts of gold, three of which look to have massive amounts of copper and at least one appears to have massive amounts of silver. So when you factor in all of the properties and the potential JV with VALE, this company "could" be worth quite a bunch of money. I expect KATX to continue a steady rise with spikes on good new until the test drill program is complete and the NI 43-101 compliant report is filed for Handcamp, or until a JV partnership is announced.
KATX has a relatively small O/S and a very tight float for a junior exploration company (they usually have to keep issuing more and more shares to stay afloat whilst they explore, claim, prove up and sell their claims, taking several years to do so and diluting all the time to keep in the game). KATX has the funding and the CEO has stated that dilution in the future will only occur if there’s a positive reason to do so, ie a JV partnership. In a recent statement, the CEO has also said that he intends to take either KAT Exploration itself or possibly a spin off company containing certain of the claim areas off pinksheets and onto another exchange or market. We do not have a timescale for this but the assumption has to be “within the next few months”.
Call to Action
Look at the list of recent events and draw your own conclusions, but I believe KATX to be a once in a lifetime investment opportunity. This is a fully reporting pink with an open, transparent, communicative CEO and fantastic announcements imminent. It’s all there in terms of the provable DD and to my mind it’s a complete no brainer once you’ve done the research. Here’s where to go:
• Post from Er0ck about KATX valuation and the Handcamp gold opportunity: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=46213134
• Post from Investor 911 about the Lucky/VALE JV partnership: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=46255277
• KAT exploration website: http://www.katexploration.com
• KATX iHub site: http://investorshub.advfn.com/boards/board.aspx?board_id=15632
• Pink Sheets listing: http://www.pinksheets.com/pink/quote/quote.jsp?symbol=katx#getQuote
• Gusrae, Kaplan, Bruno & Nusbaum website: http://www.gkblaw.com/
• VALE Inco website: http://www.inco.com/
• Anaconda Mining website: http://www.anacondamining.com/
• Teck Resources Ltd website: http://www.teck.com/
• Marketwire for press releases and news: http://www.marketwire.com
• Wikipedia entry for Olympic Dam: http://en.wikipedia.org/wiki/Olympic_Dam,_South_Australia
• Wikipedia entry for rare earth elements: http://en.wikipedia.org/wiki/Rare_earth_element
Top Ten Key Points
1. Two properties (Handcamp and Twi-Lite) returned very high and widespread g/t for gold in initial sample analysis. Handcamp’s soil analysis is now completed and has confirmed high levels of gold plus copper and zinc as well. Drilling has commenced in May and completed results will be filed in June, with some results likely to be seen beforehand
2. Another property (Lucky) has recently had VALE (the world’s 2nd largest mining company) staking every piece of land around it and our CEO Ken Stead can neither confirm nor deny whether he is in JV discussions with VALE, but he’s added substantially to the claim area and has met VALE at the recent PDAC conference in Toronto
3. A further property (Rusty Ridge) has been likened by an independent geologist to Olympic Dam – the world’s 4th largest copper mine and the consensus is that this property may turn out to be the most valuable of all KAT’s claim areas. Ken Stead has indicated to a shareholder who visited the KAT Exploration stand at the PDAC conference that Rusty Ridge has generated a lot of interest from mining companies looking for potential JV partnerships with junior explorers. [June 10th PR confirms Vale signed option agreement with potential for JV]
4. Up to five years funding is now in place ($1m now, up to $5m if conditions are met), which means that the company has the capital it needs to claim new areas and to prove up existing areas without the need to raise more money. This also means that share dilution is unlikely, unless to cater for a large JV partnership (ie good dilution). Finally it means that a savvy investor who may well be party under NDA to more information than us thinks that KATX is a good purchase
5. A number of mining companies have requested talks with KAT at the PDAC in Toronto from March 7-11 and events following this have included the appointment of an attorney to the BOD and an announcement of a potential uplisting from the CEO Ken Stead
6. KATX is a pinksheet with a great share structure, an ungagged T/A, pinksheets "Current" status and an OTC/BB shell BVIG purchased “ready” for either a reverse merger or a spin off of one or more properties into it
7. Our CEO Ken Stead is open and honest with his shareholders and has an excellent standing within the Canadian mining community
8. The company has recently appointed an upmarket Wall Street attorney firm called Gusrae, Kaplan, Bruno & Nusbaum that specialises in mergers, acquisitions and uplistings
9. Forward looking anticipation for the announcement of a JV with VALE for the Lucky and/orRusty Ridge copper and REE (rare earth elements) claims and a JV with Teck for the Handcamp and maybe even Twi-Lite gold, silver, copper and zinc claims
10. Forward looking anticipation for the announcement of a reverse merger or spin off utilising our recently purchased OTC/BB shell Bella Viaggio BVIG
The current PPS does not allow for the anticipated news indicated in all of the points above and as such KATX indicates a great potential investment IMO
-courtesy of Rick-UK
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=50326084
You can also find a lot of DD compiled here: http://www.facebook.com/home.php?#!/pages/Kat-Exploration/283084523208?v=app_2373072738&ref=ts
IN SUMMARY, KAT EXPLORATION IS AN OUTSTANDING COMPANY THAT TAKES CARE OF SHAREHOLDERS AND IS MAKING A NAME FOR ITSELF IN THE MINING COMMUNITY.
Welcome to the Kat Exploration discussion board on iHub, where the DD is so good, its like getting tomorrow's news today!
-Biochemist2002
Things in Abu Dhabi that make you go hmmmm....
PM Modi, Crown Prince discussed aspects of India-Saudi Arabia relations
"Fruitful interaction with Crown Prince," PM Modi tweeted
PM Modi also met UN Secretary General Antonio Guterres
Prime Minister Narendra Modi met with Saudi Arabia Crown Prince Mohammed bin Salman on the sidelines of the G20 summit in Buenos Aires today and they discussed ways to further boost economic, cultural and energy ties.
The two sides also held discussions on enhancing investment in technology, renewable energy and food security.
"Had a fruitful interaction with Crown Prince Mohammed bin Salman Al Saud. We discussed multiple aspects of India-Saudi Arabia relations and ways to further boost economic, cultural and energy ties," the Prime Minister wrote on Twitter.
"Deepening strategic ties. PM @narendramodi met with Crown Prince of Saudi Arabia Mohammed bin Salman Al Saud on sidelines of #G20Argentina. Discussed enhancing Saudi investment in technology, infrastructure, petroleum, renewable energy, food security, fintech & defence sectors," External Affairs Ministry spokesperson Raveesh Kumar tweeted.
"In recent years, the Kingdom of Saudi Arabia has been a valuable partner. The relationship has expanded beyond the Indian community to issues related to the economy, energy and security. All issues of bilateral and regional interest will be discussed," PMO sources said.
Later, the Prime Minister met UN Secretary General Antonio Guterres. According to the sources, the UN Secretary General has reached out to PM Modi for the second time in two months.
The meeting with the Saudi crown prince was Modi's first in a set of "bilaterals" on the sidelines of the G20 that will be followed by meetings with US President Donald Trump and Chinese President Xi Jinping.
"We expect that in the next two to three years there will be significant scaling up of Saudi investments in India," Gokhale said. The two leaders also talked about cooperation in arms manufacturing and Saudi Arabia's efforts to develop a domestic arms industry, SPA said.
Modi stressed the importance of stable energy prices and the two leaders discussed ways in which Saudi Arabia, a top crude oil supplier, could help stabilise prices, particularly for India, Gokhale said.
India, the world’s third-biggest oil importer, has been grappling with a combination of soaring prices and a falling currency, which makes imports of dollar-denominated oil more expensive, until a recent fall in oil prices.
Saudi Arabia has told India it is committed to meeting its rising oil demand and is the "shock absorber" for supply disruptions in the oil market.
The crown prince also discussed with Modi Saudi oil giant Aramco's investment in refineries in India, including the company's project to build a large refinery on the western coast of India, SPA said.
Any update on the Big 5 Solar Conference?
https://press.big5solar.ae/speaker-interview-paul-sidlo#
https://big52018.mapyourshow.com/7_0/exhibitor/exhibitor-details.cfm?ExhID=exhiReg2299
Home / / XNRGI Battery
XNRGI Battery
United States
http://www.xnrgi.com
View on Floor Plan:
Za'abeel Halls 4-6 - Z6 B56
Add to My Event Planner
Product Sectors (3)
Energy Storage > Battery Management Systems
Energy Storage > Charging Technology and Devices
Energy Storage > Fuel Cells
SPEAKER INTERVIEW: PAUL SIDLO
In talks with Paul Sidlo, Co-President, Chief Strategy Officer, Xnrgi.com
Paul Sidlo
Paul Sidlo will be speaking at the The Big 5 Solar in November. He is the Co-President, Chief Strategy Officer of Xnrgi.com and he will be sharing his insight on "Why the solar industry needs a battery strategy sooner than they think?"
In your opinion, what trends are bringing solar energy solutions closer to buildings in the urban sector?
The emerging trend is the realization of the need to deliver renewable energy-generated electricity, at the point of demand, like in an Urban Sector, and even at the Grid or Micro-Grid level. The XNRGI technology enables energy density (in batteries) on demand, in high volume, to instantly provide stored energy (from renewable sources).
What is the most exciting trend in solar energy that one should look out for?
BATTERIES! Solar is an intermittent renewable. When solar is contributed to the grid, it has to be transmitted through the grid infrastructure. According to Lawrence Livermore labs, 68% of all electricity is lost in the grid in the US. Only 11% of the total amount of power sent to the grid comes from renewables. The industry, as a whole, needs to remove the intermittency, and make power available on demand, at the place of demand, in order for renewables to be able to deliver their value as the lost generator of electricity. Batteries are the only way the world will be able to resolve the demands of electricity now during the next 30 years. The IPCC states that by 2050 97% of all energy needs to come from renewables, thats 42 terawatts of electricity. Renewables are inherently intermittent, so batteries are the only way to store energy and supply demand when and where it is needed.
With regards to solar energy what should be the next steps for the Middle East?
Adopt the integration of safe, scalable, high-density battery technology, and integrate the technology into the grid and into the development of future commercial and industrial buildings, effectively developing micro or mini grids, so renewable power can be generated, stored and managed at the point of need with complete efficiency.
Who are the right people to attend your talk at The Big 5 Solar?
Anybody who is building or investing in large renewable energy generation systems.
How does it benefit them to know about your topic?
The power industry needs to understand that if large amounts of electricity, generated by renewable sources, can be stored efficiently, it will change the way power is delivered and consumed. It will enable the industry to save Billions of dollars in lost energy and lost revenues, and it will enable the world to meet its future energy demands by using renewable energy
What will be the key take away by the audience attending your talk?
Renewable energy will not be truly viable until it has a battery strategy, because it is fundamentally intermittent. If renewable energy must provide 97% of global energy demands by 2050, then long life, high density batteries, that provide considerable duration of use, must be manufactured cost-efficiently and safely, and collectively provide power at the Terawatt level. The XNRGI technology maintains all of these attributes.
26 - 29 November 2018 11:00 - 19:00 DAILY
DUBAI WORLD TRADE CENTRE, ZA'ABEEL HALL 6
DATE: 26 November 2018
ABOUT PAUL SIDLO
FREE WORKSHOP:
WHY THE SOLAR INDUSTRY NEEDS A BATTERY STRATEGY SOONER THAN THEY THINK
The goals set by IPCC for 2050 would mean generation of 42,700TWh per year, but the challenge with renewable energy sources such as the sun is that the sun doesn’t shine at night. In this session, find out the answers to how can we achieve the goal of a round-the-clock clean energy based power system?
Storage solutions unlock new business value across the energy value chain, from conventional power generation, transmission & distribution, and renewable power,
XNRGI's Five Key Values for Battery Storage Success, Cost, Life Span, Duration, Energy Density and Scale
TIME: 12:00 - 12:45
DATE: 26 November 2018
REGISTER FOR FREE ENTRY
For purposes of these consolidated financial statements, Summit, Sierra and Green World Trust, are considered related parties due to their beneficial ownership (shareholdings or voting rights) in excess of 5%, or their affiliate status, during the years ended September 30, 2016 and 2015. All material transactions with these investors and other related parties for the years ended September 30, 2016 and 2015, not listed elsewhere, are listed below.
During the year ended September 30, 2016, the Company opted to convert 83,000 shares of Series B into 66,030,614 shares of common stock per the Series B certificate of designation for Sierra in three separate tranches.
During the year ended September 30, 2016, the Company opted to convert 85,994 shares of Series B into 69,842,046 shares of common stock per the Series B certificate of designation for Summit in three separate tranches.
During the year ended September 30, 2015, the Company opted to convert 250,789 shares of Series B, together with dividends in the amount of $16,486, into 57,336,304 shares of common stock per the Series B certificate of designation for Sierra in one tranche.
During the year ended September 30, 2015, the Company opted to convert 503,085 shares of Series B, together with dividends in the amount of $29,677, into 98,673,877 shares of common stock per the Series B certificate of designation for Summit in three separate tranches.
All sales of Series B during the years ended September 30, 2016 and 2015 were to Summit and Sierra.
During the years ended September 30, 2016 and 2015, we recorded consulting expense in the amount of $66,000 and $132,000, respectively, with Advanced Materials Advisory, LLC (“Advanced Materials”) for services by David Schmidt as Acting Principal Financial Officer. Advanced Materials is owned by David Schmidt, who was also a member of the Board until March 2016. The Company had account balances with Advanced Materials Advisory LLC of $224,900 and $170,139 at September 30, 2016 and 2015, respectively, included in liabilities. Effective March 31, 2016, Mr. Schmidt resigned from the Board and as Acting Principal Financial Officer.
On April 15, 2016, the Company appointed Jeffrey A. May as Chief Financial Officer and principal financial officer of the Company effective as of that date. In the year ended September 30, 2016, we recorded $55,000 in expense for his services in these roles. The Company had an account balance of $60,500 with Mr. May as of September 30, 2016, included in liabilities in the consolidated balance sheet.
Note 13 – Subsequent events
Due to the capital constraints and the costs associated with being an SEC reporting company and maintaining its public status, the Company chose to file a Form 15 on May 15, 2017, terminating its obligation to file current, quarterly and annual SEC reports. The Company intends to maintain its non-reporting status for the foreseeable future, and will evaluate its various options based upon future business development. At the request of the Financial Industry Regulatory Agency (“FINRA”), the Company is filing this Form 10-K and the Form 10-Q for the following quarter to make our filings current as of the filing date of the Form 15.
Subsequent to September 30, 2016, the Company has satisfied all loan obligations with Union Capital through conversions to common stock and cash payments in payment of principal and interest. In May 2017, the Company paid $439,678 in cash against the loans, of which $285,728 was applied to principal and $153,950 to interest. In July 2017, Union Capital opted to convert $42,664 of principal and interest into 237,019,787 shares of common stock, of which $35,000 was applied against principal and $7,664 to accrued interest. In April 2018, Union Capital opted to convert $30,864 of principal and interest into 257,199,566 shares of common stock of which $22,825 was applied against principal and $8,039 to accrued interest. In April and June 2018, the Company paid $23,065 in remaining principal and interest, of which $15,960 was applied against principal and $7,105 to accrued interest.
F - 18
Table of Contents
NEAH POWER SYSTEMS, INC. AND SUBSIDIARY
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
During the period from October 2016 through May 2017, the Company entered into an additional series of Six Month Convertible notes (see Note 8) and received proceeds of $458,500. These notes carry the same terms and 8% interest rate as the earlier notes and are secured by the assets of the Company. In total, the Company has received $864,000 in proceeds from these convertible notes. During the period from April 2017 and through March 2018, the Company entered into amendments to extend the original maturity dates for $496,500 of these agreements with interest accruing during such periods at the rate of ten (10%) percent, per annum thereafter, if not paid in full or if not converted in full into the Borrower’s Common Stock on or before the extended maturity date, the Promissory Note maturity date would be automatically extended for an additional six (6) months with interest accruing during such period at the rate of twelve (12%) percent, per annum. In March 2018, the Company and investors of $819,000 of the bridge notes entered into a Convertible Note Settlement Agreement whereby the notes would be converted into 549,607 shares of the new Class A Common Stock. The Company is negotiating with the remaining note holders to also convert the remaining $45,000 in notes.
In April 2017, the Company entered into a securities purchase agreement with Image Securities FZC to sell 370,000,000 shares of the Company’s common stock for a total of $5 million, beginning with an initial $1,000,000 followed by $200,000 per month for 20 months. In May 2018, the Company entered into an amended agreement with the investor to instead purchase 1,162,000 shares of Class A Common Stock for the $5 million investment. As of the date of this report, the Company has received $2,200,000 from this investor for 511,280 shares of Class A Common Stock.
In May 2017, the Company paid the $400,000 principal balance Rich Niemiec in cash. The Company has also issued 26,700,000 of common stock in payment of $154,236 in accrued interest.
In August 2017, the Company entered into a “Trade Debt Settlement Agreement and Promissory Note” with MediaTech where, in exchange of a trade debt balance of $45,000, the Company agreed to issue 3,462,000 shares of common stock in settlement of the obligation.
In September 2017, Jeffrey May resigned as Chief Financial Officer and principal financial officer.
In February 2018, the Company entered into an agreement to sell 1,622,400 shares of its new Class A Common Stock when authorized to an investor from Dubai, United Arab Emirates for a purchase price of $2,000,000. In May 2018, the Company and the investor agreed to an amendment committing an additional 597,100 shares of Class A Common Stock for a purchase price of $716,520. As of the date of this report, the Company has received $700,000 in proceeds from this investor.
In March of 2018, the Company filed with the State of Nevada an Amendment to Certificate of Designation After Issuance of Class or Series which restored the common stock voting rights of holders of Series B to state “the holders of the Series B Preferred Stock will be entitled to vote with the Company’s Common Stock with the number of votes equal to the number of common shares available by conversion to the holders of the Series B Preferred Stock as calculated in Section 9(c)(ii).”
In March 2018 upon approval by the Board, owners of a majority of the Company’s outstanding voting shares, voted to amend its Articles of Incorporation to authorize 15,000,000 new Class A Common Shares (“Class A Common Stock”). The shares shall rank senior to the Company’s common stock and any class or series of capital stock in case of distribution of the assets of the Corporation in the event of liquidation. The Class A Common Stock shall be entitled to a dividend, accruing at the simple interest rate of 10%, payable in cash or shares of Class A Common Stock upon declaration by the Board. The holders of the Class A Common Stock will be entitled to twenty thousand (20,000) votes per share and will be entitled to vote with the Company’s Common Stock on all matters properly brought before the shareholders of the Company. In April 2018, the Company filed with the State of Nevada an “Amendment to Certificate of Designation After Issuance of Class or Series” to affect these changes. In addition, the Company also amended its Articles of Incorporation to change its name to XNRGI, Inc. In May 2018, owners of a majority of the Company's voting shares approved these actions. The name change is pending FINRA approval.
In March 2018, the Board approved the 2018 Class A Common Shares Stock Plan (“the Plan”) which permits the Company to grant various types of stock incentive awards. The Plan reserves an aggregate 4,800,000 shares of Class A Common Stock for awards under the Plan. In May 2018, owners of a majority of the Company's voting shares approved the Plan.
In May 2018, the Company entered into an agreement to sell 71,429 shares of its new Class A Common Stock to an investor from Dubai, United Arab Emirates for a purchase price of $100,000. As of the date of this report, the Company has received the $100,000 in proceeds from this investor.
In May 2018, the Company entered into an agreement with Summit and Sierra to convert all shares of Series B to shares of the new Class A Common Stock. Summit holds 592,542 shares of Series B to be converted into 228,571 shares of Class A Common Stock. Sierra holds 629,695 shares of Series B to be converted into 265,637 shares of Class A Common Stock.
F - 19
So now we know who benefited by the trading in May.... SEC could easily track this few trades....
Posted by: ShortonCash
In reply to: ShortonCash who wrote msg# 26784
Date:5/18/2018 11:02:08 AM
Post #26807 of 27838
Buys out did sells by 5,911,103 manipulation of the order flow continues..zipcode trade at the end...
https://www.otcshortreport.com/company/NPWZ
Historical Short Volume Data for NPWZ
Date Close High Low Volume Short Volume % of Vol Shorted
May 17 NA NA NA 21,360,000 5,911,103 27.67
May 16 NA NA NA 5,087,500 1,950,000 38.33
May 15 NA NA NA 1,080,006 555,000 51.39
May 14 NA NA NA 1,430,239 50,001 3.50
May 11 NA NA NA 876,219 116,219
May 10 NA NA NA 500,012 500,000 100.00
May 08 NA NA NA 3,870,560 1,600,000 41.34
May 07 NA NA NA 1,106,397 796,900 72.03
May 04 NA NA NA 2,173,043 1,231,149 56.66
May 02 NA NA NA 7,632,524 6,494,600 85.09
Apr 30 NA NA NA 10,889,000 6,140,000 56.39
Apr 27 NA NA NA 12,423,000 2,554,134 20.56
Apr 26 NA NA NA 2,049,000 99,000
Apr 24 NA NA NA 8,368,887 4,010,000 47.92
Apr 23 NA NA NA 10,473,449 5,330,000 50.89
Apr 20 NA NA NA 52,956,131 25,260,285 47.70
Apr 19 NA NA NA 52,990,927 39,143,396 73.87
Apr 18 NA NA NA 9,687,737 4,460,546 46.04
The following table presents information as of September 30, 2016 concerning the beneficial ownership of our common stock and each of our outstanding classes of preferred by the following persons or groups:
· each person who, to our knowledge, beneficially owns more than 5% of our common stock or any class of preferred stock;
· each Named Executive Officer identified in the Executive Compensation table above;
· each of our current directors; and
· all of our current directors and executive officers as a group.
Percentage of common stock beneficially owned is based on 2,596,508,421 shares of common stock outstanding on September 30, 2016. In accordance with SEC rules, when we computed the number of shares of common stock beneficially owned by a person and the percentage ownership of that person, we deemed as outstanding shares of common stock subject to options or warrants held by that person that are currently exercisable or exercisable within 60 days of September 30, 2016. We did not deem these shares outstanding, however, for the purpose of computing the percentage ownership of any other person.
This table is based upon information supplied by executive officers, directors and principal shareholders. Unless otherwise indicated in the footnotes to this table and subject to community property laws where applicable, to our knowledge, each of the shareholders named in this table has sole voting and investment power with respect to the common stock shown as beneficially owned. The address for each of our officers and directors is c/o Neah Power Systems, Inc., 22722 29th Drive SE, Suite 100, Bothell, WA 98021.
Name of
Beneficial Owner
Number of Shares
Beneficially Owned
Percentage
Owned (%)
Chris D'Couto (1)
331,414,830
12.8%
Jeffrey Sakaguchi (2)
48,415,489
1.8%
Jon Garfield (3)
69,252,377
2.7%
All directors and named executive officers as a group (3 individuals)
449,082,696
17.3%
5% or More Shareholders
Sierra Trading Corp (4)
505,597,111
19.5%
Summit Trading Limited (5)
416,410,000
16.0%
(1) Gerard C. D’Couto is the beneficial owner of 331,414,830 shares of common stock, which consists of 400,002 common shares, 187,341,935 shares of common stock underlying warrants, and 143,672,893 shares of common stock underlying options.
(2) Jeffrey Sakaguchi is the beneficial owner of 48,415,489 shares of common stock, which consists of 10,395,010 shares of common shares, 35,135,086 shares of common stock underlying warrants and 2,885,393 shares of common stock underlying options.
(3) Jon Garfield is the beneficial owner of 69,252,377 shares of common stock, which consists of 66,351,359 shares of common stock underlying warrants and 2,901,018 shares of common stock underlying options.
(4) Sierra Trading Corp (“Sierra”) is a Florida corporation. We have been advised that Daisy Rodriguez owns 100% of Sierra. Daisy Rodriguez is a private investor married to the primary beneficiary of Summit Trading Limited. Sierra owns 629,695 shares of our series B preferred stock which is convertible at our sole option into shares of our common stock. As of September 30, 2016 the shares would have been convertible into an estimated 505,597,111 shares of our common stock (the exact number of which is not determinable at this time because the Series B are convertible into shares of our common stock based on the future trading price of our common stock). The holders of the Series B are entitled to vote with the holders of our common stock with the number of votes equal to the number of common shares available by conversion to the holders of the Series B.
(5) Summit Trading Limited (“Summit”) is a Bahamian holding company and is owned by the Weast Family Trust. The Weast Family Trust is a private trust established for the benefit of C.S. Arnold, Daisy Rodriguez, Stephanie Kaye and Tracia Fields. C.S. Arnold is the settlor of the Weast Family Trust. The natural person exercising voting control of the shares of our common stock held by Summit is Daryl Orenge. The address of Summit is Charlotte House, P.O. Box N-65, Charlotte Street, Nassau, Bahamas. Summit owns 59,750 shares of our common stock and 592,541 shares of our preferred series B stock, which is convertible at our sole option into shares of our common stock. As of September 30, 2016 the series B shares would have been convertible into an estimated 416,410,000 shares of our common stock (the exact number of which is not determinable at this time because the Series B are convertible into shares of our common stock based on the future trading price of our common stock). The holders of the series B are entitled to vote with the holders of our common stock with the number of votes equal to the number of common shares available by conversion to the holders of the series B.
During the period from January 2017 through May 2017, the Company entered into an additional series of Six Month Convertible notes (see Note 5) and received proceeds of $328,500. These notes carry the same terms and interest 8% interest rate as the earlier notes and are also secured by all the assets of the Company. In total, the Company has received $864,000 in proceeds from these convertible notes. During the period from April 2017 and through March 2018, the Company entered into amendments to extend the original maturity dates for $496,500 of these agreements with interest accruing during such periods at the rate of ten (10%) percent, per annum thereafter, if not paid in full or if not converted in full into the Borrower’s Common Stock on or before the First Extended Maturity Date, the Promissory Note maturity date would be automatically extended for an additional six (6) months (the “Second Extended Maturity Date”) with interest accruing during such period at the rate of twelve (12%) percent, per annum. In March 2018, the Company and investors of $819,000 of the bridge notes entered into a Convertible Note Settlement Agreement whereby the notes would be converted into the new Class A Common Stock. The Company is negotiating with the remaining note holders to also convert the remaining $45,000 in notes.
XNGRI great variety of product
XNRGI's Five Key Values for Battery Storage Success, Cost, Life Span, Duration, Energy Density and Scale
26 - 29 November 2018 11:00 - 19:00 DAILY
DUBAI WORLD TRADE CENTRE, ZA'ABEEL HALL 6
https://xnrgi.com/wp-content/uploads/2018/11/XNRGI-Consumer-White-Paper.pdf
Summary
Driven by mobility (transportation) and grid-scale storage, the battery market is set to grow at a compounded annual growth rate of more than 40% over the next few years.
XNRGI is uniquely positioned solve the industry-wide challenges of performance, cost, safety, outsourced manufacturing, and short lead-time to manufacturing. The architecture serves as an innovation platform that will enable an evolutionary path for battery advances for many years to come.
With significant inroads to and Early Adopter Programs with the worlds-largest EV, Grid, Consumer Electronics, and IoT manufacturers, XNRGI is equally well-positioned for rapid, profitable growth and the ability to supply the world’s demand for electric energy storage.
The Solution
XNRGI, with its new architecture for stored power, is the solution. It is the only technology that is able to scale battery production, using existing battery manufacturing infrastructure, to terawatt capacity. All other battery technologies require extremely large capital expenditures and several years to build-out the capacity that XNRGIU already has in place. XNRGI can immediately enable battery manufacturing to scale to the cost levels necessary to meet demand of emerging markets and ultimately replace fossil fuel energy.
“The arrival of cheap battery storage will mean that it becomes increasingly possible to finesse the delivery of electricity from wind and solar, so that these technologies can help meet demand even when the wind isn’t blowing and the sun isn’t shining. The result will be renewables eating up more and more of the existing market for coal, gas and nuclear.” Bloomberg NEO 2018
XNRGI, recently funded by a US Department of Energy (DOE) grant for advance manufacturing of the X- PowerChip™, has developed a game-changing, high-performance, rechargeable lithium metal battery (using a 3D porous silicon structure as the electrode substrate), which can be manufactured using a low-cost, contract-based, semiconductor foundry model to reduce CapEx costs by 95% (compared to traditional battery factories that require billions to build and years to construct). Most importantly, the semiconductor manufacturing foundation of the XNRGI battery will allow the technology to improve along the same path as semiconductor improvements (i.e., Moore’s Law), while lithium-ion technology is approaching its limited potential for improvement.
The XNRGI technology platform is based on the most versatile manufacturing platform that the battery industry has seen in its long history. It has solved numerous disadvantages of old conventional legacy battery technology that has plagued the battery industry during the past 30 years. XNRGI’s Lithium Metal anode has 10-times the energy density of a standard Lithium Ion anode. Combined with XNRGI’s 3D pores that increase the active surface area of the battery by 70-times, performance is dramatically improved. At the same time, XNRGI’s 3D pores create a cool and safe architecture for any battery chemistry, basically eliminating concerns of overheating and fire, which have plagued other Lithium Ion batteries. The XNRGI battery design is “chemistry” agnostic as it does not restrict use of almost any cathode material, including the most common LCO, NMC, NCA, or LFP cathode materials. The main advantages of this method include: high energy density today demonstrating Lithium Metal battery at (> 1600 Wh/L) 400 Wh/kg and, XNRGI’s next generation battery in 2020 Lithium Metal Air at (4400 Wh/L), 680 Wh/kg with high currents that enable fast charge and discharge, long cycle life based on elimination of lithium dendrite formation, greatly improved safety, and low-cost batch fabrication. XNRGI’s 3D architecture provides a safe house of new chemistries to be safely contained for future high energy density materials, which can be manufactured in high volumes - a flexible architecture foundation platform for the evolution and design of batteries in the future.
Performance / Price Product Roadmap
XNRGI has produced 600 working samples (8 billion micro-batteries) for a wide range of clients, and proven its ability to manufacture its batteries at less than $150/kWh no matter what the application or scale.
XNRGI’s Scalable and Tunable Market Application Advantages While XNRGI’s Early Adopter Program (EAP) has already built more than 600 working samples (8 billion micro-batteries) for a wide range of clients, the company is looking for high volume launch partners who can demonstrate the unique storage applications of its technology.
Early Adopter Programs have proven the effectiveness of XNRGI technologies in several areas, including: • Grid Scale Storage for intermittent renewables like Solar/Wind and Back-up Power • Electric Vehicles with 3-6X High Power Density, 2-3X lighter Weight, at a considerably lower cost. • Consumer Electronics: Highest watt hours per liter at 1600 Wh/l for long lasting performance. • Internet of Things with micron-size high power and slow discharge advantages.
Seems to still be a plan for at least until January 29th
9:15 High Power and Safe Li-Metal Batteries Part II: The Forgotten Concept of Three-Phase Boundary
Slobodan Petrovic, PhD, Professor, XNRGI
https://www.advancedautobat.com/europe/
Final Agenda Now Available for Europe's Best Networking Event for Automotive Energy Storage
Each year, AABC Europe brings together a global audience of battery technologists and their key suppliers for a must-attend week of development trends, breakthrough technologies and predictions of the market for years to come. Our 2018 event was the largest AABC event ever with 1,000 attendees from 35 countries taking part in interactive discussions on the development and future market trends for vehicle electrification.
As more European nations and international automotive OEMs make their own commitment to vehicle electrification, we are excited to carry that momentum forward for 2019. Our program continues to expand coverage of the research and development of the chemistries and materials supporting the next generation of electric vehicle batteries, while maintaining our core focus on applied technologies needed for hybrid and electric cars and specialty vehicles.
The conversation has shifted, and the industry is embracing that it is no longer a question of if vehicle electrification will take place in Europe, but when. Make plans to be part of the discussion in 2019:
Attend. Join more than 1,000 of your colleagues, representing every level of the supply chain.
Share. Present a poster to showcase your latest research findings.
Exhibit. Highlight your latest technologies and services in our exhibit hall.
2019 Programs
Tuesday, 29 January
7:30 Symposium Registration and Morning Coffee
PACK ENGINEERING (CONT.)
8:30 Chairperson’s Opening Remarks
Uwe Wiedemann, PhD, Managing Director, Munich Electrification GmbH
8:35 xEV Batteries on the Market – AVL Series Battery Benchmarking
Uwe Wiedemann, PhD, Managing Director, Munich Electrification GmbH
8:55 Development of Cutting Edge Battery Packs Using Next-Generation Cell Chemistries
Wasim Sarwar, PhD, Senior Battery Systems Engineer, Williams Advanced Engineering
Williams Advanced Engineering is focused on the development of the world’s most power-dense and energy-dense batteries through the advancement and implementation of next-generation cell chemistries. This talk will explain how the design, monitoring and control of battery systems will evolve as we shift from typical transition-metal oxide, graphite + SiOx li-ion cells, to next-generation cells (Si-dominant anode & Semi-Solid-State Systems).
9:15 High Power and Safe Li-Metal Batteries Part II: The Forgotten Concept of Three-Phase Boundary
Slobodan Petrovic, PhD, Professor, XNRGI
The power loss in lithium batteries comes partially from poor electronic conduction and limited active surface area. A new electrode consisting of porous structure and silicon collector is used to enable effective and high-area three-phase boundary between active mass, electrolyte and electronic conductor.
XNRGI's Five Key Values for Battery Storage Success, Cost, Life Span, Duration, Energy Density and Scale
TIME: 12:00 - 12:45
26 - 29 November 2018 11:00 - 19:00 DAILY
DUBAI WORLD TRADE CENTRE, ZA'ABEEL HALL 6
DATE: 26 November 2018
\
\
ABOUT PAUL SIDLO
\
FREE WORKSHOP:
WHY THE SOLAR INDUSTRY NEEDS A BATTERY STRATEGY SOONER THAN THEY THINK
The goals set by IPCC for 2050 would mean generation of 42,700TWh per year, but the challenge with renewable energy sources such as the sun is that the sun doesn’t shine at night. In this session, find out the answers to how can we achieve the goal of a round-the-clock clean energy based power system?
Storage solutions unlock new business value across the energy value chain, from conventional power generation, transmission & distribution, and renewable power,
XNRGI's Five Key Values for Battery Storage Success, Cost, Life Span, Duration, Energy Density and Scale
TIME: 12:00 - 12:45
DATE: 26 November 2018
They along with a few others have a patent on carbon nano-tubes for supercapacitors so they appear to be experts in the field.
http://ma.ecsdl.org/content/MA2018-02/4/291
Posted by: Bill_ENG
In reply to: stockcatman who wrote msg# 27323 Date:8/17/2018 12:07:59 PM
Post #27324 of 27373
It appears that Diaz was a contract lab tech at Polaris Battery Labs or may still be. Has probably worked on the battery there. Now a research engineer.
Mcgee is from Oregon Institute of Technology · Department of Electrical Engineering and Renewable Energy
They along with a few others have a patent on carbon nano-tubes for supercapacitors so they appear to be experts in the field.
Bill
XNRGI2008 Friday, 08/17/18 01:05:17 PM
Re: Bill_ENG post# 27324 0
Post #
27325
of 27374
I’d doubt he’d tag his name to the tech if he and d Couto couldn’t prove the concep battery
ShortonCash Tuesday, 07/31/18 11:23:01 PM
Re: Rocinante post# 26922 0
Post #
27202
of 27374
[b[color=red]]High-Power and Safe Lithium Metal Battery in 3D Substrate
Thursday, 4 October 2018: 14:10 [color=red][/color]
Galactic 8 (Sunrise Center) [/color]
S. Petrovic (Oregon Institute of Technology, XNRIGI), C. D'Couto, C. Diaz, and M. McGee (XNRGI)
The use of 3D structures has been shown to have the high potential for solving several problems that are currently preventing the performance improvements in lithium batteries. The high-surface area structures can provide elimination of dendrites and elimination of safety concerns, improved energy density and specific energy, high power density, low cost per kWh and improvement in cycle life. Compared with traditionally designed battery electrodes three-dimensional structures also enable short diffusion path in the active mass, better current collection and lower impedance.
A perfectly engineered three-dimensional structure is demonstrated using porous silicon. Both anode and cathode can be fabricated on the porous substrate, leading to numerous improvements in performance. A lithium metal anode in porous silicon is shown to be dendrite-free for over 200 cycles as a result geometrical effects in suppressing dendrite growth and low current density. The suppression of dendrites enables the use of lithium metal anodes and eliminating the safety concerns. Both anode and cathode also show improved specific capacity as a result of lower overall impedance and better utilization of the active material; as well as higher power density due to larger three-phase boundary and perfectly arranged active material inside uniformly spaced pores.
A complete cell based on the porous silicon structure can use any anode and cathode material; and can therefore be optimized for a particular application or requirements. It is also amenable to use of both liquid and solid electrolytes. A design is demonstrated that enables lithium metal air battery using a solid electrolyte. Another design shows a monolithic full cell within a single porous silicon wafer, eliminating the need for a separator or additional packaging.
Results of a half-cell, full cell and symmetrical cell testing are presented. The half-cell testing demonstrates the basic behavior of the porous structure and shows current densities in the excess of 5 mA/cm2 (geometrical or projected surface area), but with a low current density per true surface area. The symmetrical cell testing shows stable anode cycling and absence of dendrites for over 200 cycles, while the full cell testing proves the feasibility of pairing the porous silicon metal lithium anode with several conventional cathode materials.
XNRGI battery electrode technology is a perfectly scalable platform model.
RWFZS Saturday, 06/09/18 01:52:48 PM
Re: None 0
Post #
26957
of 26961
"XNRGI is on the cusp of one of the fastest, deepest, most consequential disruptions of energy storage in history."
http://solarquarter.com/index.php/perspectives/10999-storage-and-smart-solar-technologies
\
Dr. Chris D’couto,CEO,XNRGI NEAH Power Systems India Pvt. Ltd.
Tracing the technological progress of Energy storage in India, could the next big technological revolution be in the storage of solar energy?
When the sun doesn’t shine? The world we live in operates 24/7, battery storage technologies are emerging as a critical part of the solution to increase access to electricity in conjunction with solar PV in solar home systems, as well as providing stability services to mini-grids, improving the power quality and increasing the potential share of variable renewables in such remote grids. XNRGI is on the cusp of one of the fastest, deepest, most consequential disruptions of energy storage in history. The lithium battery technology is at the crossroads. The fundamental limitations and outdated electrode manufacturing methods have considerably slowed down the progress. The expected improvements in performance have not happened and the hope for breakthroughs towards new active materials is not likely. A battery is considered the weakest link in many flourishing applications such as electrical vehicles and other mobile applications; and the obstacle towards widespread proliferation of groundbreaking devices. And while the battery industry stagnates, the next 4th industrial revolution will not wait, and it desperately demands a better, lighter, and cheaper portable power source that scales across ever increasing energy storage needs from transport, consumer electronics to the grid. The electrical vehicle application in particular is on a high trajectory towards completely taking over the vehicle industry, but it needs a battery that will match the demand. Present battery technology is not capable of manufacturing scale to meet the demands of the application in terms of energy density, cycle life, safety or cost.
“India’s total demand for energy will more than double by 2030, while electricity demand will almost triple This assumes sufficient uptake to double the share of renewables in the global energy mix in less than a decade and a half. With growing demand for electricity storage from stationary and mobile applications, the total stock of electricity storage capacity will need to grow more than 150%, from an estimated 4.67 terawatt-hours (TWh) in 2017 to 12 TWh or more by 2030.”
IRENA 2017 Energy Storage Report
How are you gearing up for this technological revolution?
The XNRGI (exponential energy) battery technology concept is based on a porous silicon substrate that will become the ultimate pathway towards achieving the goal of superior battery performance in a scalable manufacturing form to meet the demands of an ever-growing energy storage market in batteries. This is a novel approach for constructing electrodes and manufacturing batteries. The three-dimensional, porous structures enable several times better energies, larger number of cycles, elimination of the safety problems, and lower cost. The concept is based not on some exotic or mysterious new material, but on the well-known silicon, used in computer chips and driving or controlling practically everything in modern life. For batteries, silicon is used in form of porous wafers – the three-dimensional porous structure that enables improvements in every battery property. We have taken the idea of simultaneously improving all fundamental prosperities of batteries by using a porous conductive substrate in silicon and demonstrated the exceptional performance that is 3 to 6 times that of traditional batteries. The semiconductor industry has been a dominant driving force behind modern technology advancement for the last five decades. If one needs to point to a single reason for this dominance, without a doubt, that would be a permanent evolution in manufacturing and semiconductor industry’s ability to innovate again and again with high volume manufacturing and achieve double win - low cost and improved performance.
What are the challenges that the sector is fronting?
High Capital Cost to Manufacture, Safety, Energy Performance Density, Installation and Integration, Efficiency, Scalability, Flexibility, Cycle Life, but most importantly Cost. Cost is key driver for all storage applications. Low cost batteries will enable 27/7 clean energy for solar.
The complexity of combinations possible between different anodes and cathodes in lithium battery systems makes it difficult to discuss the shortcomings of various batteries in general terms. But, we’ll try to point to main sources of problems that affect the performance or safety of these batteries. First, we define the performance as a totality of the following main battery characteristics*:
1. Energy density: the amount of energy stored per volume or weight.
2. Power density: the ability to deliver current per volume or weight. The ability to accept current is related to charging time.
3. Cycle life: number of cycles that a battery can deliver a useful capacity, typically 80% of the nominal or starting capacity.
4. Safety: the ability to reduce the probability of a catastrophic battery failure with violent outcome such as fire or explosion.
5. Manufacturing: cost, capacity and time to implementation.
XNRGI battery electrode technology is a perfectly scalable platform model. Flexible, Tunable, Low Cost, Safe, High Volume Manufacturing Model. The based unit or size produced is a 200 mm wafer. For applications that require larger power, full wafer electrodes can be assembled into stacks, while for smaller electrodes wafers would be cut (or diced) into any size required.
With every aspect of performance improved, the XNRGI battery concept is easily the most important battery innovation in the recent history of lithium batteries. By merging the battery industry with the silicon processing industry, the technology has the potential to harness numerous performance improvement pathways and provide a battery that will keep improving. The structure of porous silicon is extremely versatile and provides a platform, which can be continuously improved with other innovations from the battery field or semiconductor field. This is not a stagnant or limited concept; on the contrary the possibilities are almost endless towards further improvements.
Hopefully the SEC is after the insider that traded the 41,000,000 Shares before trading halted. Fairly sure that's our Stock Manipulator. Should be easy to find out who it's been. The investigation should be part of the the upcoming announcement.
XNRGI's Five Key Values for Battery Storage Success, Cost, Life Span, Duration, Energy Density and Scale
TIME: 12:00 - 12:45
26 - 29 November 2018 11:00 - 19:00 DAILY
DUBAI WORLD TRADE CENTRE, ZA'ABEEL HALL 6
DATE: 26 November 2018
ABOUT PAUL SIDLO
FREE WORKSHOP:
WHY THE SOLAR INDUSTRY NEEDS A BATTERY STRATEGY SOONER THAN THEY THINK
The goals set by IPCC for 2050 would mean generation of 42,700TWh per year, but the challenge with renewable energy sources such as the sun is that the sun doesn’t shine at night. In this session, find out the answers to how can we achieve the goal of a round-the-clock clean energy based power system?
Storage solutions unlock new business value across the energy value chain, from conventional power generation, transmission & distribution, and renewable power,
XNRGI's Five Key Values for Battery Storage Success, Cost, Life Span, Duration, Energy Density and Scale
TIME: 12:00 - 12:45
DATE: 26 November 2018
They along with a few others have a patent on carbon nano-tubes for supercapacitors so they appear to be experts in the field.
http://ma.ecsdl.org/content/MA2018-02/4/291
Posted by: Bill_ENG
In reply to: stockcatman who wrote msg# 27323 Date:8/17/2018 12:07:59 PM
Post #27324 of 27373
It appears that Diaz was a contract lab tech at Polaris Battery Labs or may still be. Has probably worked on the battery there. Now a research engineer.
Mcgee is from Oregon Institute of Technology · Department of Electrical Engineering and Renewable Energy
They along with a few others have a patent on carbon nano-tubes for supercapacitors so they appear to be experts in the field.
Bill
XNRGI2008 Friday, 08/17/18 01:05:17 PM
Re: Bill_ENG post# 27324 0
Post #
27325
of 27374
I’d doubt he’d tag his name to the tech if he and d Couto couldn’t prove the concep battery
ShortonCash Tuesday, 07/31/18 11:23:01 PM
Re: Rocinante post# 26922 0
Post #
27202
of 27374
[b[color=red]]High-Power and Safe Lithium Metal Battery in 3D Substrate
Thursday, 4 October 2018: 14:10 [color=red][/color]
Galactic 8 (Sunrise Center) [/color]
S. Petrovic (Oregon Institute of Technology, XNRIGI), C. D'Couto, C. Diaz, and M. McGee (XNRGI)
The use of 3D structures has been shown to have the high potential for solving several problems that are currently preventing the performance improvements in lithium batteries. The high-surface area structures can provide elimination of dendrites and elimination of safety concerns, improved energy density and specific energy, high power density, low cost per kWh and improvement in cycle life. Compared with traditionally designed battery electrodes three-dimensional structures also enable short diffusion path in the active mass, better current collection and lower impedance.
A perfectly engineered three-dimensional structure is demonstrated using porous silicon. Both anode and cathode can be fabricated on the porous substrate, leading to numerous improvements in performance. A lithium metal anode in porous silicon is shown to be dendrite-free for over 200 cycles as a result geometrical effects in suppressing dendrite growth and low current density. The suppression of dendrites enables the use of lithium metal anodes and eliminating the safety concerns. Both anode and cathode also show improved specific capacity as a result of lower overall impedance and better utilization of the active material; as well as higher power density due to larger three-phase boundary and perfectly arranged active material inside uniformly spaced pores.
A complete cell based on the porous silicon structure can use any anode and cathode material; and can therefore be optimized for a particular application or requirements. It is also amenable to use of both liquid and solid electrolytes. A design is demonstrated that enables lithium metal air battery using a solid electrolyte. Another design shows a monolithic full cell within a single porous silicon wafer, eliminating the need for a separator or additional packaging.
Results of a half-cell, full cell and symmetrical cell testing are presented. The half-cell testing demonstrates the basic behavior of the porous structure and shows current densities in the excess of 5 mA/cm2 (geometrical or projected surface area), but with a low current density per true surface area. The symmetrical cell testing shows stable anode cycling and absence of dendrites for over 200 cycles, while the full cell testing proves the feasibility of pairing the porous silicon metal lithium anode with several conventional cathode materials.
XNRGI battery electrode technology is a perfectly scalable platform model.
RWFZS Saturday, 06/09/18 01:52:48 PM
Re: None 0
Post #
26957
of 26961
"XNRGI is on the cusp of one of the fastest, deepest, most consequential disruptions of energy storage in history."
http://solarquarter.com/index.php/perspectives/10999-storage-and-smart-solar-technologies
\
Dr. Chris D’couto,CEO,XNRGI NEAH Power Systems India Pvt. Ltd.
Tracing the technological progress of Energy storage in India, could the next big technological revolution be in the storage of solar energy?
When the sun doesn’t shine? The world we live in operates 24/7, battery storage technologies are emerging as a critical part of the solution to increase access to electricity in conjunction with solar PV in solar home systems, as well as providing stability services to mini-grids, improving the power quality and increasing the potential share of variable renewables in such remote grids. XNRGI is on the cusp of one of the fastest, deepest, most consequential disruptions of energy storage in history. The lithium battery technology is at the crossroads. The fundamental limitations and outdated electrode manufacturing methods have considerably slowed down the progress. The expected improvements in performance have not happened and the hope for breakthroughs towards new active materials is not likely. A battery is considered the weakest link in many flourishing applications such as electrical vehicles and other mobile applications; and the obstacle towards widespread proliferation of groundbreaking devices. And while the battery industry stagnates, the next 4th industrial revolution will not wait, and it desperately demands a better, lighter, and cheaper portable power source that scales across ever increasing energy storage needs from transport, consumer electronics to the grid. The electrical vehicle application in particular is on a high trajectory towards completely taking over the vehicle industry, but it needs a battery that will match the demand. Present battery technology is not capable of manufacturing scale to meet the demands of the application in terms of energy density, cycle life, safety or cost.
“India’s total demand for energy will more than double by 2030, while electricity demand will almost triple This assumes sufficient uptake to double the share of renewables in the global energy mix in less than a decade and a half. With growing demand for electricity storage from stationary and mobile applications, the total stock of electricity storage capacity will need to grow more than 150%, from an estimated 4.67 terawatt-hours (TWh) in 2017 to 12 TWh or more by 2030.”
IRENA 2017 Energy Storage Report
How are you gearing up for this technological revolution?
The XNRGI (exponential energy) battery technology concept is based on a porous silicon substrate that will become the ultimate pathway towards achieving the goal of superior battery performance in a scalable manufacturing form to meet the demands of an ever-growing energy storage market in batteries. This is a novel approach for constructing electrodes and manufacturing batteries. The three-dimensional, porous structures enable several times better energies, larger number of cycles, elimination of the safety problems, and lower cost. The concept is based not on some exotic or mysterious new material, but on the well-known silicon, used in computer chips and driving or controlling practically everything in modern life. For batteries, silicon is used in form of porous wafers – the three-dimensional porous structure that enables improvements in every battery property. We have taken the idea of simultaneously improving all fundamental prosperities of batteries by using a porous conductive substrate in silicon and demonstrated the exceptional performance that is 3 to 6 times that of traditional batteries. The semiconductor industry has been a dominant driving force behind modern technology advancement for the last five decades. If one needs to point to a single reason for this dominance, without a doubt, that would be a permanent evolution in manufacturing and semiconductor industry’s ability to innovate again and again with high volume manufacturing and achieve double win - low cost and improved performance.
What are the challenges that the sector is fronting?
High Capital Cost to Manufacture, Safety, Energy Performance Density, Installation and Integration, Efficiency, Scalability, Flexibility, Cycle Life, but most importantly Cost. Cost is key driver for all storage applications. Low cost batteries will enable 27/7 clean energy for solar.
The complexity of combinations possible between different anodes and cathodes in lithium battery systems makes it difficult to discuss the shortcomings of various batteries in general terms. But, we’ll try to point to main sources of problems that affect the performance or safety of these batteries. First, we define the performance as a totality of the following main battery characteristics*:
1. Energy density: the amount of energy stored per volume or weight.
2. Power density: the ability to deliver current per volume or weight. The ability to accept current is related to charging time.
3. Cycle life: number of cycles that a battery can deliver a useful capacity, typically 80% of the nominal or starting capacity.
4. Safety: the ability to reduce the probability of a catastrophic battery failure with violent outcome such as fire or explosion.
5. Manufacturing: cost, capacity and time to implementation.
XNRGI battery electrode technology is a perfectly scalable platform model. Flexible, Tunable, Low Cost, Safe, High Volume Manufacturing Model. The based unit or size produced is a 200 mm wafer. For applications that require larger power, full wafer electrodes can be assembled into stacks, while for smaller electrodes wafers would be cut (or diced) into any size required.
With every aspect of performance improved, the XNRGI battery concept is easily the most important battery innovation in the recent history of lithium batteries. By merging the battery industry with the silicon processing industry, the technology has the potential to harness numerous performance improvement pathways and provide a battery that will keep improving. The structure of porous silicon is extremely versatile and provides a platform, which can be continuously improved with other innovations from the battery field or semiconductor field. This is not a stagnant or limited concept; on the contrary the possibilities are almost endless towards further improvements.
XNRGI's Five Key Values for Battery Storage Success, Cost, Life Span, Duration, Energy Density and Scale
TIME: 12:00 - 12:45
26 - 29 November 2018 11:00 - 19:00 DAILY
DUBAI WORLD TRADE CENTRE, ZA'ABEEL HALL 6
DATE: 26 November 2018
ABOUT PAUL SIDLO
FREE WORKSHOP:
WHY THE SOLAR INDUSTRY NEEDS A BATTERY STRATEGY SOONER THAN THEY THINK
The goals set by IPCC for 2050 would mean generation of 42,700TWh per year, but the challenge with renewable energy sources such as the sun is that the sun doesn’t shine at night. In this session, find out the answers to how can we achieve the goal of a round-the-clock clean energy based power system?
Storage solutions unlock new business value across the energy value chain, from conventional power generation, transmission & distribution, and renewable power,
XNRGI's Five Key Values for Battery Storage Success, Cost, Life Span, Duration, Energy Density and Scale
TIME: 12:00 - 12:45
DATE: 26 November 2018
REGISTER FOR FREE ENTRY
They along with a few others have a patent on carbon nano-tubes for supercapacitors so they appear to be experts in the field.
http://ma.ecsdl.org/content/MA2018-02/4/291
Posted by: Bill_ENG
In reply to: stockcatman who wrote msg# 27323 Date:8/17/2018 12:07:59 PM
Post #27324 of 27373
It appears that Diaz was a contract lab tech at Polaris Battery Labs or may still be. Has probably worked on the battery there. Now a research engineer.
Mcgee is from Oregon Institute of Technology · Department of Electrical Engineering and Renewable Energy
They along with a few others have a patent on carbon nano-tubes for supercapacitors so they appear to be experts in the field.
Bill
XNRGI2008 Friday, 08/17/18 01:05:17 PM
Re: Bill_ENG post# 27324 0
Post #
27325
of 27374
I’d doubt he’d tag his name to the tech if he and d Couto couldn’t prove the concep battery
ShortonCash Tuesday, 07/31/18 11:23:01 PM
Re: Rocinante post# 26922 0
Post #
27202
of 27374
[b[color=red]]High-Power and Safe Lithium Metal Battery in 3D Substrate
Thursday, 4 October 2018: 14:10 [color=red][/color]
Galactic 8 (Sunrise Center) [/color]
S. Petrovic (Oregon Institute of Technology, XNRIGI), C. D'Couto, C. Diaz, and M. McGee (XNRGI)
The use of 3D structures has been shown to have the high potential for solving several problems that are currently preventing the performance improvements in lithium batteries. The high-surface area structures can provide elimination of dendrites and elimination of safety concerns, improved energy density and specific energy, high power density, low cost per kWh and improvement in cycle life. Compared with traditionally designed battery electrodes three-dimensional structures also enable short diffusion path in the active mass, better current collection and lower impedance.
A perfectly engineered three-dimensional structure is demonstrated using porous silicon. Both anode and cathode can be fabricated on the porous substrate, leading to numerous improvements in performance. A lithium metal anode in porous silicon is shown to be dendrite-free for over 200 cycles as a result geometrical effects in suppressing dendrite growth and low current density. The suppression of dendrites enables the use of lithium metal anodes and eliminating the safety concerns. Both anode and cathode also show improved specific capacity as a result of lower overall impedance and better utilization of the active material; as well as higher power density due to larger three-phase boundary and perfectly arranged active material inside uniformly spaced pores.
A complete cell based on the porous silicon structure can use any anode and cathode material; and can therefore be optimized for a particular application or requirements. It is also amenable to use of both liquid and solid electrolytes. A design is demonstrated that enables lithium metal air battery using a solid electrolyte. Another design shows a monolithic full cell within a single porous silicon wafer, eliminating the need for a separator or additional packaging.
Results of a half-cell, full cell and symmetrical cell testing are presented. The half-cell testing demonstrates the basic behavior of the porous structure and shows current densities in the excess of 5 mA/cm2 (geometrical or projected surface area), but with a low current density per true surface area. The symmetrical cell testing shows stable anode cycling and absence of dendrites for over 200 cycles, while the full cell testing proves the feasibility of pairing the porous silicon metal lithium anode with several conventional cathode materials.
XNRGI battery electrode technology is a perfectly scalable platform model.
RWFZS Saturday, 06/09/18 01:52:48 PM
Re: None 0
Post #
26957
of 26961
"XNRGI is on the cusp of one of the fastest, deepest, most consequential disruptions of energy storage in history."
http://solarquarter.com/index.php/perspectives/10999-storage-and-smart-solar-technologies
\
Dr. Chris D’couto,CEO,XNRGI NEAH Power Systems India Pvt. Ltd.
Tracing the technological progress of Energy storage in India, could the next big technological revolution be in the storage of solar energy?
When the sun doesn’t shine? The world we live in operates 24/7, battery storage technologies are emerging as a critical part of the solution to increase access to electricity in conjunction with solar PV in solar home systems, as well as providing stability services to mini-grids, improving the power quality and increasing the potential share of variable renewables in such remote grids. XNRGI is on the cusp of one of the fastest, deepest, most consequential disruptions of energy storage in history. The lithium battery technology is at the crossroads. The fundamental limitations and outdated electrode manufacturing methods have considerably slowed down the progress. The expected improvements in performance have not happened and the hope for breakthroughs towards new active materials is not likely. A battery is considered the weakest link in many flourishing applications such as electrical vehicles and other mobile applications; and the obstacle towards widespread proliferation of groundbreaking devices. And while the battery industry stagnates, the next 4th industrial revolution will not wait, and it desperately demands a better, lighter, and cheaper portable power source that scales across ever increasing energy storage needs from transport, consumer electronics to the grid. The electrical vehicle application in particular is on a high trajectory towards completely taking over the vehicle industry, but it needs a battery that will match the demand. Present battery technology is not capable of manufacturing scale to meet the demands of the application in terms of energy density, cycle life, safety or cost.
“India’s total demand for energy will more than double by 2030, while electricity demand will almost triple This assumes sufficient uptake to double the share of renewables in the global energy mix in less than a decade and a half. With growing demand for electricity storage from stationary and mobile applications, the total stock of electricity storage capacity will need to grow more than 150%, from an estimated 4.67 terawatt-hours (TWh) in 2017 to 12 TWh or more by 2030.”
IRENA 2017 Energy Storage Report
How are you gearing up for this technological revolution?
The XNRGI (exponential energy) battery technology concept is based on a porous silicon substrate that will become the ultimate pathway towards achieving the goal of superior battery performance in a scalable manufacturing form to meet the demands of an ever-growing energy storage market in batteries. This is a novel approach for constructing electrodes and manufacturing batteries. The three-dimensional, porous structures enable several times better energies, larger number of cycles, elimination of the safety problems, and lower cost. The concept is based not on some exotic or mysterious new material, but on the well-known silicon, used in computer chips and driving or controlling practically everything in modern life. For batteries, silicon is used in form of porous wafers – the three-dimensional porous structure that enables improvements in every battery property. We have taken the idea of simultaneously improving all fundamental prosperities of batteries by using a porous conductive substrate in silicon and demonstrated the exceptional performance that is 3 to 6 times that of traditional batteries. The semiconductor industry has been a dominant driving force behind modern technology advancement for the last five decades. If one needs to point to a single reason for this dominance, without a doubt, that would be a permanent evolution in manufacturing and semiconductor industry’s ability to innovate again and again with high volume manufacturing and achieve double win - low cost and improved performance.
What are the challenges that the sector is fronting?
High Capital Cost to Manufacture, Safety, Energy Performance Density, Installation and Integration, Efficiency, Scalability, Flexibility, Cycle Life, but most importantly Cost. Cost is key driver for all storage applications. Low cost batteries will enable 27/7 clean energy for solar.
The complexity of combinations possible between different anodes and cathodes in lithium battery systems makes it difficult to discuss the shortcomings of various batteries in general terms. But, we’ll try to point to main sources of problems that affect the performance or safety of these batteries. First, we define the performance as a totality of the following main battery characteristics*:
1. Energy density: the amount of energy stored per volume or weight.
2. Power density: the ability to deliver current per volume or weight. The ability to accept current is related to charging time.
3. Cycle life: number of cycles that a battery can deliver a useful capacity, typically 80% of the nominal or starting capacity.
4. Safety: the ability to reduce the probability of a catastrophic battery failure with violent outcome such as fire or explosion.
5. Manufacturing: cost, capacity and time to implementation.
XNRGI battery electrode technology is a perfectly scalable platform model. Flexible, Tunable, Low Cost, Safe, High Volume Manufacturing Model. The based unit or size produced is a 200 mm wafer. For applications that require larger power, full wafer electrodes can be assembled into stacks, while for smaller electrodes wafers would be cut (or diced) into any size required.
With every aspect of performance improved, the XNRGI battery concept is easily the most important battery innovation in the recent history of lithium batteries. By merging the battery industry with the silicon processing industry, the technology has the potential to harness numerous performance improvement pathways and provide a battery that will keep improving. The structure of porous silicon is extremely versatile and provides a platform, which can be continuously improved with other innovations from the battery field or semiconductor field. This is not a stagnant or limited concept; on the contrary the possibilities are almost endless towards further improvements.
Mr. Gupta brings more than thirty years of entrepreneurial & managerial experience to XNRGI
Just what do you have to do to get the front row seats at the DeTECH Conference In India....nice booth see photos...
ShortonCash Tuesday, 06/12/18 02:45:47 PM
Re: kennypooh post# 26969 0
Post #
26970
of 27372
XNRGI NEAH POWER SYSTEMS hawking same Powerchip.....In India...2017
Mr. Gupta brings more than thirty years of entrepreneurial & managerial experience to XNRGI, having owned owned and managed several joint ventures with multinational companies in India.
http://www.ciidefence.in/deftech-2017.php
]http://www.ciidefence.in/images/gallery/DEFTECH2017/Deftech-2017/20.jpg
\
Lj Ristic and Mr. Deepak Gupta, Managing Director, India
with an office in Luxemburg who is in Luxemburg... seem like many new employees...
\
Mr. Gupta brings more than thirty years of entrepreneurial & managerial experience to XNRGI, having owned owned and managed several joint ventures with multinational companies in India. He brings experience in areas of strategic management, sales and marketing, commercial and general administration. Mr. Deepak Gupta is a Commerce Graduate from Sydenham College of Commerce & Economics, University of Mumbai & has also participated in various Management programs conducted by reputed Institutions in India
Lj Ristic
Vice President of Product Engineering and Marketing
Santa Clara, CaliforniaSkills: Engineering, Technology, Design, Marketing, Business Strategy, Manufacturing, Operations
Domain Expertise: Engineering, Technology, System Architecture, Heterogeneous Integration, Automotive Systems, ADAS, Sensors, Lasers, Dynamic Lighting, LiDAR, ASIC, Power Devices and Electronics, IoT, MEMS, Non-Volatile Memories, Wireless Standards, Connectivity, Smartphones, Tablets, Mobile Processors, RF Systems, CMOS, GaAs, Clean Energy, Photovoltaics, Batteries.
Formal Education: PhD in EE and MBA in Global Management
Executive Experience:
- International/Global
- Multibillion Corporations and Startups
- Engineering
- Technology and Manufacturing
- Operations and P&L
- Marketing
- Business Strategy
- Product Development and Roadmaps
- Application Engineering and Design Wins
- Customer Engagement
- Leading and Mentoring Multifunctional Teams
- Mergers and Acquisitions
Customer Engagement:
- Exceptional with customers globally
- Working experience with top tier OEMs
- Building strategic partnerships worldwide
Academic Experience:
- Educator / Full Professor
- Teaching Graduate and Undergraduate Courses
- University Research / Collaborative Research
- Graduate Student Mentoring
- Extensive Publishing / Conference Chairing
So ex Motorola, GF executive Sanjay Jha is doing what these days...??
Just what might he be working on.... was he fired? no where did he go..
Mudadala Development is the group that could have made the play for Telsa.... seems they might have a need for the best battery after all
https://www.mubadala.com/sites/default/files/styles/sector_spotlight/public/bussiness_sector/Semiconductors.jpg?itok=rPX9v692
GlobalFoundries in Abu Dhabi-based Mubadala Development. Jha started work for Mubadala last month, many shared links....to XNGRI and Paul S....
\
As we move towards a future where connectivity and the ‘Internet of Things’ will see further proliferation in the use of the microchip, global demand for semiconductors will continue to increase.
Mubadala has placed Abu Dhabi at the forefront of the global semiconductor industry and established a core pillar of the emirate’s economic diversification through the growth of GLOBALFOUNDRIES.
GlobalFoundries in Abu Dhabi-based Mubadala Development. Jha started work as CEO last month.
The company makes semiconductors for some of the world’s leading chip designers, including AMD, Qualcomm and Broadcom. It has factories in Singapore, Germany and the United State
Motorola, Teikon and Neah links or alumni......plus the ownership of the largest chip foundry Ne Xt terra like the Paul Sildo video...lots going on in Abu Dhabi.
The Neah video showed the batteries made on the silicon foundry chip equipment, it would seem if a company just upgraded its chip making equipment and was the largest (as called out in the video) chip making company that they could well use the older equipment to make the new Neah batteries.... NeXt Terra as in the title of the video.... coincidentally located in Abu Dhabi. (hardly a coincidence) and to top it off the Head of the company (Global foundries) is from Motorola Mobility....the same company that head of the Polaris Labs used to work for that just so happen to have an interest in (from the stickies)
Quote:
(Tekion and Motorola, partnering with BASF)
to design and manufacture power packs.41 Presumably because
the catalyst poisoning issue in long-term application could
not be overcome, there were no further updates about these
developments, and Tekion’s assets were acquired by Neah
Power in 2013.42
http://pubs.acs.org/doi/pdf/10.1021/acsenergylett.6b00574
Former top Qualcomm and Motorola executive Sanjay Jha has taken a job as head of GlobalFoundries, an outsource semiconductor manufacturer based in Silicon Valley.
Jha was chief operating officer of Qualcomm before leaving in 2008 to become chief executive of Motorola Mobility. He ran the company until it was sold to Google in 2012 for $12.4 billion.
http://www.sandiegouniontribune.com/business/technology/sdut-Qualcomm-GlobalFoundries-Motorola-Sanjay-Jha-2014feb12-story.html
The missing link could be Polaris Battery Labs, Morris' new Beaverton-based manufacturing and testing lab that might even the playing field for U.S. battery companies.
The battery industry is "completely dominated by Asian companies, yet all of the inventions come out of the U.S.," said Morris, 57, who has acted as a consultant for battery startups since 2003.
Morris previously spent 21 years with Motorola. He recently served as vice president of operations at battery company Enevate.
GlobalFoundries spun out of Advanced Micro Devices in 2009. It is owned by Advanced Technology Investment Co., a subsidiary of Abu Dhabi-based Mubadala Development. Jha started work as CEO last month.
The company makes semiconductors for some of the world’s leading chip designers, including AMD, Qualcomm and Broadcom. It has factories in Singapore, Germany and the United State
The company makes semiconductors for some of the world’s leading chip designers, including AMD, Qualcomm and Broadcom. It has factories in Singapore, Germany and the United State
Motorola, Teikon and Neah links or alumni......plus the ownership of the largest chip foundry Ne Xt terra like the Paul Sildo video...lots going on in Abu Dhabi.
The Neah video showed the batteries made on the silicon foundry chip equipment, it would seem if a company just upgraded its chip making equipment and was the largest (as called out in the video) chip making company that they could well use the older equipment to make the new Neah batteries.... NeXt Terra as in the title of the video.... coincidentally located in Abu Dhabi. (hardly a coincidence) and to top it off the Head of the company (Global foundries) is from Motorola Mobility....the same company that head of the Polaris Labs used to work for that just so happen to have an interest in (from the stickies)
Quote:
(Tekion and Motorola, partnering with BASF)
to design and manufacture power packs.41 Presumably because
the catalyst poisoning issue in long-term application could
not be overcome, there were no further updates about these
developments, and Tekion’s assets were acquired by Neah
Power in 2013.42
http://pubs.acs.org/doi/pdf/10.1021/acsenergylett.6b00574
Former top Qualcomm and Motorola executive Sanjay Jha has taken a job as head of GlobalFoundries, an outsource semiconductor manufacturer based in Silicon Valley.
Jha was chief operating officer of Qualcomm before leaving in 2008 to become chief executive of Motorola Mobility. He ran the company until it was sold to Google in 2012 for $12.4 billion.
http://www.sandiegouniontribune.com/business/technology/sdut-Qualcomm-GlobalFoundries-Motorola-Sanjay-Jha-2014feb12-story.html
The missing link could be Polaris Battery Labs, Morris' new Beaverton-based manufacturing and testing lab that might even the playing field for U.S. battery companies.
The battery industry is "completely dominated by Asian companies, yet all of the inventions come out of the U.S.," said Morris, 57, who has acted as a consultant for battery startups since 2003.
Morris previously spent 21 years with Motorola. He recently served as vice president of operations at battery company Enevate.
GlobalFoundries spun out of Advanced Micro Devices in 2009. It is owned by Advanced Technology Investment Co., a subsidiary of Abu Dhabi-based Mubadala Development. Jha started work as CEO last month.
The company makes semiconductors for some of the world’s leading chip designers, including AMD, Qualcomm and Broadcom. It has factories in Singapore, Germany and the United State
Company Name: Neah Power Systems
Program Office: Advanced Manufacturing
Location: Bothell, WA
Website: neahpower.com
EMAIL: Dr. Chris D’Couto, President & CEO; cdcouto@neahpower.com
Award Amount: $300,000
Project Term: 12 months
Project Status: In Progress
Participating Lab(s): Argonne National Laboratory
Project Status: In Progress
It took a while to get the CRADA paperwork in place. The CRADA was fully executed on 4/18/2017 The year is up and the report still says in progress...
so very good question
If you look at the photos on the website you can see the Argonne Lab Labels... in the image below this is an Argonne Lab photo...
\
https://www.sbv.org/projects/am-round2-neah.html
Company Name: Neah Power Systems
Program Office: Advanced Manufacturing
Location: Bothell, WA
Website: neahpower.com
EMAIL: Dr. Chris D’Couto, President & CEO; cdcouto@neahpower.com
Award Amount: $300,000
Project Term: 12 months
Project Status: In Progress
Participating Lab(s): Argonne National Laboratory
Lowering Battery Costs Through Repurposed Electronic Foundry Manufacturing
CRITICAL NEED
Battery technology has advanced by leaps and bounds in the past decade, but current lithium-ion battery chemistries based on a high-energy cathode and a lithium-intercalation anode, such as graphite, are reaching some of their limits when it comes to providing high-energy-density power at a low cost per unit with low capital cost for production.
Replacing graphite with lithium metal or lithium alloy is a viable method to increase energy density. Neah Power Systems has patented a three-dimensional porous silicon based lithium-metal battery that has demonstrated 1,500 watts per liter of volume and 500 watts per kilogram. This battery uses older generation computer chip manufacturing technology that is widely available throughout the world, enabling a low cost, which the company targets at $150 per kilowatt hour in high volume production. Such a low price point would make the battery applicable across industries, from small devices such as cell phones to larger applications for stationary power, automotive and grid-scale back up. Such a foundry model allows a low capital-cost ramp up into high volume production, with very high quality control. Through the SBV Pilot, the company will utilize Argonne National Laboratory staff and expertise to determine the optimal metallization scheme for porous silicon as well as reliable and reproducible processes and insights into possible causes of degradation, capacity fade and dendrite growth.
PROJECT INNOVATION + ADVANTAGES
In addition to utilizing existing manufacturing technology, the battery uses existing materials for the anode, cathode, the separator and the electrolytes. This reduces the risk of new materials adoption and testing. The technology also includes a unique approach using microchip geometry to control dendrite growth. The understanding acquired through the project will improve the manufacturing of the porous silicon, in particular the metallization process. This will help the company achieve target metrics on cost, and performance, and allow longer cycle lifetime for the battery.
POTENTIAL IMPACT
Economy:
Developing new technologies that can piggyback on older industries preserves jobs, utilizes existing infrastructure and fosters opportunities in advanced manufacturing, including domestic job creation.
Environment:
Electric vehicles reduce pollution associated with gasoline combustion. Electricity storage is also an important complement for renewable electricity systems, which vary in how much power they produce based on local weather conditions.
Security:
Electric vehicles are increasingly cost-competitive with their gasoline counterparts, but consumers will remain hesitant to purchase them until their range grows longer. Higher penetration for such vehicles can dramatically reduce U.S. gasoline consumption and the country's resulting reliance on overseas oil markets.
SBV is an initiative of the Office of Energy Efficiency & Renewable Energy within the U.S. Department of Energy (DOE) and participating DOE national labs.
Contact the webmaster to send comments, report problems,
In the pdf above you can see neah power named as a collaborator should have been an major company announcement...
https://www.ornl.gov/staff-profile/julia-s-kelley
Julia,
I contacted the PI (Ira Bloom) and here is his update on this project:
Greg: It took a while to get the CRADA paperwork in place. The CRADA was fully executed on 4/18/2017. We received the initial samples for characterization from NEAH Power. The samples were shipped to us on 5/26/2017 and were received in June. The baseline material was characterized in terms of microstructure; these results were shared with NEAH by e-mail and discussed with them on a phone call on 7/10/2017. We continue to characterize their materials and should have more results to share with them by the end of the week. --Ira
So, it looks like things are now on track and the project is underway.
\
The company admits to some M-Cell batteries.... but when you look a the photo in the video, also in the I box ...it appear they had pouch battery setting on the desk as well.....
Quote:
he Company has produced few hundred units of the PowerChip® battery at an ‘m-cell’ format
demonstrating 1600 Watt-hours per liter (Wh/l) and 400 Watt-hours per kg (Wh/kg), with a roadmap to further enhance this performance. While currently demonstrating 3X – 5X better performance than other battery technologies on the market, the roadmap shows further enhancement effectively doubling that to (6x – 10x) performance, while enhancing other areas like safety, fast charging, shelf life for a charged battery, cost and cycle life.
https://www.linkedin.com/in/paulsidlo/
CSO and Co-President
Company Name XNRGI
Dates Employed 2018 – Present Employment Duration less than a year
Location Abu Dhabi and Seatle
Paul Sidlo, Co President CSO Chief Strategy Officer: Mr. Sidlo is a Ten time Emmy winner, he has 16 US patents and has been the founder or manager of several internationally recognized firms. For Microsoft Sidlo Designed the XBOX UI. Windows XP, Surface and Microsofts Home of the Future. Founder: Tillster, REZN8, Clients: Intel, Citibank, Microsoft, NVIDIA, ABC, CBS, FOX, NBC, NETFLIX.
XNRGI, Inc. (for exponential energy) has developed the first-ever porous silicon chip based Lithium Metal rechargeable battery technology, the PowerChip® battery. XNRGI’s 15 patents and 12 pending patents were developed over a 15-year period with more than $80-million of investment from Intel, Motorola, Energizer, the United States Navy, and Novellus Systems, among others.
XNRGI brings to the battery sector the proven economies of scale of the computer chip industry.The computer chip (semiconductor) manufacturing technologies have scaled over the last almost five decades to provide successively better performance at lower cost, in a very profitable fashion. XNRGI’s technologies enable scalable, high-volume manufacturing using the semiconductor infrastructure that is typically 8 – 10 generations old. This combination of original technologies and proven manufacturing processes provides XNRGI with an unprecedented manufacturing scale and at a minimal capital expenditure (capex) manufacturing model.
So it been two years and there is no update the the DOE or the SBV how can that be.... and yet on a non searchable PDF we see NEAH power listed as a collaborator .....
ShortonCash Monday, 09/25/17 12:52:56 PM
Re: ShortonCash post# 24745 0
Post #
24746
of 27368
said Ira Bloom, he is familiar with it now and is a a collaborator over a year ago....new is due to come out maybe with the company year end in Sept...
https://www.heraldnet.com/business/grant-to-give-boost-to-battery-developed-by-neah-power/
Grant to give boost to battery developed by Neah Power
By Jim Davis
Friday, August 26, 2016 8:59am
There’s long been a search to build a better battery that can store and produce more energy and “live forever and cost nothing,” said Ira Bloom, senior chemist and group leader at Argonne National Laboratory.
He pointed to the carbon zinc batteries at hardware stores, noting how they come in many shapes and sizes. He said changing the battery’s chemistery also changes everything.
“It’s a scientific discipline, but how you make it can be an art form,” Bloom said. “Once you figure out how to produce it, it’s very re-produceable.”
He said he’s unfamiliar with Neah’s PowerChip, but looks forward to working on it.
“It presents an interesting challenge, no question about it,” Bloom said. “I hope everybody learns from this project.”
The PowerChip Battery is already generating interest.
No one know for sure who is working for whom...
We do know the scam that was run by labeling every a consultant and not paying the bills for Board members and acting CFO cost shareholder huge amount of shares now that the shares are being converted at the special rate under the special formula....
There were fund that could have been used to pay these members but the set for the share price to fall and now recover has rewarded the deferred payment holders..huge amount of shares... The board member all know they had something in the works with the battery concept and went dark....so the share price would drop and now it will recover....after the common shareholder have been duped ....
How is this not insider trading at its worst....
SEC will investigate.... IMO that why the update on the old forms....
Filled with half truths and unspoken notes of progress at the DOE test at Polaris Labs.... and that why the information has been deleted and not published. IMO.
The will come out of the dark after the reverse split.... an have to publish director stock holdings.... SEC take note...
He does not claim to be involved now but he was there at the formation of the battery " concept" .. wonder how he added value....
The company seems to think they can shed fiduciary responsibility by having every one on the strategic Advisory Board... rather that full board members.... seems like a big dodge going all the way back to 2015 and the battery deal with Shoria (?) but he should have been able to connect the company to whomever they wanted...
Neah Power Systems Names Robert A. Kruse Jr. to Strategic
Advisory Board
Kruse to advise on commercialization and international growth strategies
Bothell, WA (December 8, 2015) – Neah Power Systems, Inc. (OTC: NPWZ) (“the “Company”) today announces the addition of Robert A. Kruse Jr. to the Company’s strategic advisory board.
“Mr. Kruse’s extensive commercialization, capitalization, international business and focus on energy storage and batteries, off-grid and renewable energy experience will be invaluable to the growth of our Company,” said Dr. Chris D’Couto, president and CEO of Neah Power Systems.
As a member of Neah Power Systems’ strategic advisory board, Kruse will contribute his knowledge and diverse specialties to assist the Company through continued corporate growth.
“I am pleased to facilitate the growth of Neah Power Systems with its unique and differentiated technology offerings, which are clearly needed for off-grid, renewable power for a variety of domestic and international markets,” commented Kruse. “It’s an honor to join the team and I look forward to providing Neah Power Systems with insight and guidance obtained from my current and previous endeavors.”
Mr. Kruse is a battery and energy storage subject matter expert. Kruse is currently Chief Technology Officer for Qoros Automotive in Shanghai China. He is responsible for all Product Development and Advanced Technology. Previously, Kruse lead the operation development for Sakti3 Inc. as Chief Operating Officer and Board Member. Sakti3 is commercializing solid-state battery technology simultaneously targeted at electric vehicles and consumer electronics and was ultimately acquired by Dyson.
In 2010 he was appointed to the National Academy of Science Sub Committee on advanced battery technology. The Sub Committee is responsible to assess results of the stimulus package and develop legislative recommendations to Congress and the Executive Branch for future legislative action.
Also in 2010 he was a member of the Technical Advisory Board of Envia Systems, a clean tech materials leader working to fuel the electric and hybrid car revolution by supplying materials for the next generation of Lithium Ion batteries.
Prior to 2010 he had a long tenure at General Motors Corporation, Michigan and held many leadership roles including hybrid, electric vehicles & advanced technology batteries.
High-Power and Safe Lithium Metal Battery in 3D Substrate
Thursday, 4 October 2018: 14:10
Galactic 8 (Sunrise Center)
S. Petrovic (Oregon Institute of Technology, XNRIGI), C. D'Couto, C. Diaz, and M. McGee (XNRGI)
The use of 3D structures has been shown to have the high potential for solving several problems that are currently preventing the performance improvements in lithium batteries. The high-surface area structures can provide elimination of dendrites and elimination of safety concerns, improved energy density and specific energy, high power density, low cost per kWh and improvement in cycle life. Compared with traditionally designed battery electrodes three-dimensional structures also enable short diffusion path in the active mass, better current collection and lower impedance.
A perfectly engineered three-dimensional structure is demonstrated using porous silicon. Both anode and cathode can be fabricated on the porous substrate, leading to numerous improvements in performance. A lithium metal anode in porous silicon is shown to be dendrite-free for over 200 cycles as a result geometrical effects in suppressing dendrite growth and low current density. The suppression of dendrites enables the use of lithium metal anodes and eliminating the safety concerns. Both anode and cathode also show improved specific capacity as a result of lower overall impedance and better utilization of the active material; as well as higher power density due to larger three-phase boundary and perfectly arranged active material inside uniformly spaced pores.
A complete cell based on the porous silicon structure can use any anode and cathode material; and can therefore be optimized for a particular application or requirements. It is also amenable to use of both liquid and solid electrolytes. A design is demonstrated that enables lithium metal air battery using a solid electrolyte. Another design shows a monolithic full cell within a single porous silicon wafer, eliminating the need for a separator or additional packaging.
Results of a half-cell, full cell and symmetrical cell testing are presented. The half-cell testing demonstrates the basic behavior of the porous structure and shows current densities in the excess of 5 mA/cm2 (geometrical or projected surface area), but with a low current density per true surface area. The symmetrical cell testing shows stable anode cycling and absence of dendrites for over 200 cycles, while the full cell testing proves the feasibility of pairing the porous silicon metal lithium anode with several conventional cathode materials.
Agreed Elon post to the world, and this is like as you said not much of anything but someone reply to themselves.... It is however interesting that Paul Sidlo has retweeted a Tesla org chart...
Paul Sidlo Retweeted
BloombergNEF
? Paul Sidlo Retweeted
Bloomberg
?
Verified account
@business
Jul 9
More
Tesla doesn't publish an org chart, so we made one https://bloom.bg/2KIFQL3
@BloombergNEF
Jul 10
More
The upfront cost of EVs will become competitive on an unsubsidized basis starting in 2024. By 2029, almost all segments reach parity as battery prices continue to fall. Learn more from our annual Electric Vehicle Outlook, out now. https://bloom.bg/2KJZnuK #EVrevolution
Paul Sidlo Retweeted
Dr Paul Coxon
?
Verified account
@paulcoxon
Jul 9
More
Happy birthday Nikola Tesla! As well as being an amazing inventor and engineer, he had the greatest letterhead of all time https://www.theatlantic.com/amp/article/251165/ …
Seems the company has changed since April 5 th....follow the click on the bottom
Penny Stock Rumors
?
@pennyst0ckrumor
Follow Follow @pennyst0ckrumor
More
$NPWZ namechange posted to NVSOS minutes ago Old = NEAH POWER SYSTEMS, INC. New = XNRGI, INC - Proof: Go here https://nvsos.gov/sosentitysearch/corpActions.aspx?lx8nvq=vQtLmKBoRGcbAHY1El6Qag%253d%253d&CorpName=NEAH+POWER+SYSTEMS%2c+INC …. - Click "Return to details..." at the very bottom - You will see the new name for NPWZ
8:59 AM - 5 Apr 2018
Seems to be a reply to elonmusk
Tweets & replies Tweets & replies, current page.
Tehnolog
?
@Tehnolog14
Jun 29
More
Replying to @elonmusk
That would be gresta with XNRGI batteries
Quote:
high energy density demonstrating (> 1600 Wh/L) 405 Wh/kg 6X the energy density of a traditional Lithium Ion battery. The next generation Lithium Metal Air (4400 Wh/L), 680 Wh/kg
http://xnrgi.com/products/
0 replies 0 retweets 0 likes
Reply Retweet Like Direct message
Tehnolog
Has one follower we know...
BirdFury
@BirdFury
Joined January 2013
Tweet to BirdFuryMention BirdFury in a Tweet
1 Follower you know
Paul Sidlo
?
11:49 PM - 28 Jun 2018
High energy density demonstrating (> 1600 Wh/L) 405 Wh/kg 6X the energy density of a traditional Lithium Ion battery. The next generation Lithium Metal Air (4400 Wh/L), 680 Wh/kg, 10X a traditional lithium ion battery. XNRGI batteries have high currents for fast charge and discharge, long cycle life, safe, and low-cost high volume batch fabrication.
He is currently an advisor to Intarcia Therapeutics, Lucidity Lights, seven dreamers laboratories, Knot Standard, Trusted Insight, Paack, Black Cube Solutions, DEWIonline, and XNRGI
Chenghung Chen
Founder & CEO at Corniche Capital Holdings
United Arab Emirates
Corniche Capital Holdings
Harvard Business School
Chenghung is the Founder & CEO of Corniche Capital Holdings, an investment firm with over 50 portfolios. He was a Principal at Abu Dhabi Investment Council, one of the largest SWFs, where he had a catch-all mandate to invest and manage global direct/fund investments in all sectors and asset classes across the capital structure – he was the lead for over 20 investments. He had previously held various positions with The Carlyle Group, HBK Investments, UBS, and FedEx as well as board/board observer positions in companies such as NGM Biopharmaceuticals, Village Roadshow Entertainment Group, zSpace, ConforMIS, Allied Gold Corp., Allied Resources Limited, and Kito Corporation. He is currently an advisor to Intarcia Therapeutics, Lucidity Lights, seven dreamers laboratories, Knot Standard, Trusted Insight, Paack, Black Cube Solutions, DEWIonline, and XNRGI. Chenghung is also currently an active panel member at FundersClub and a mentor at TURN8, a startup accelerator program in Dubai. He received his B.S. in Operations Research from Columbia University, MBA from Harvard Business School, and MPA from Harvard Kennedy School.
Slobodan Petrovic, PhD XNRGI Engineering
http://www.advancedautobat.com/aabc-us/18/speaker-names/
Slobodan Petrovic, Ph DProfessor
Dr. Slobodan Petrovic is a Professor of Electrical and Renewable Energy Engineering at Oregon Institute of Technology and a Chief Technology Officer for Xnrgi. Dr. Petrovic has over 30 years of experience in various areas of science and technology, and diverse background from large and small industry, government research labs, and academia. He has published, presented and patented over 100 works in these fields. His current interest is in materials for energy storage devices, MEMS fuel cells, dye-sensitized solar cells, investigation of carrier lifetime in solar cells, portable fuel cells, battery charging techniques, hydrogen production and storage, silicon-based anodes for Li Ion batteries, Li air cells, water purification methods, remote sensing for smart grid, and low-cost technology for developing countries. Previously, Dr. Petrovic was a professor at Arizona State University, Vice President of Engineering for a stationary power fuel cell company, a Director of Systems Integration for a portable fuel cell company, and a Member of the Technical Staff for Motorola, Inc. He received his B.Sc. from the University of Belgrade in his native Serbia and his PhD from the Technical University of Dresden in Germany. Dr. Petrovic is also Founder and President of a non-profit organization, Solar Hope, dedicated to helping developing countries through use of renewable energy. With his team, he has accomplished over 120 solar PV installations, with battery storage, in developing countries.
Neah Power Systems USA
https://www.linkedin.com/in/gp-capt-pv-singh-69227b35/
Gp Capt PV Singh
Defence Business Head | Sales & Business Development
South West Delhi, Delhi, India
Neah Power Systems USA
University of Pune
Having extensive experience in Aircraft and Aviation Maintenance / Technical Management, Project Management and Defence Procurement including head of Marketing and Sales of Defence PSU and Corporate world. An effective communicator with strong analytical, innovative and problem solving skills with outstanding record of acheivements in areas of defence business. Displays strong personal convictions with higher purpose in life.
Well travelled professional within India, Australia and Europe, Gp Capt P V Singh has a collaborative working style and well known for his tenacious and resilient personality with both his customers & colleagues
Core Competencies:
Mastery in Capital and Revenue procurement including Offset Management, Strategic Negotiations and Resource Management. Expertise in strategic planning and implementation, Technical Evaluation, Field Trials and Induction Management of Aircraft, Avionics, Aerospace and Ground Electronic Systems. Ability to build conceptual models, analyse trends and patterns in reliability and maintainability requirements.
I agree and more listed in India the 6 the one is not Paul
Indian Investor Ashish Nanda. Who if rumor is to be believed, invested 5 million in NEAH Power in April 2017.
Bill_ENG Wednesday, 03/28/18 01:41:14 PM
Re: None 0
Post #
26095
of 27003
Indian Investor Ashish Nanda. Who if rumor is to be believed, invested 5 million in NEAH Power in April 2017.
From Shorton we have a picture of XNRGI / NEAH at an Indian Defense Tradeshow.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=139598282
The guy below the 2.
Is that this guy ?
https://ashishnanda.com
Written about here ?
https://site2corp.com/in/ashish-nanda-3
" He had been interim Director of the IIMA after his predecessor and former professor at Harvard Law School Ashish Nanda resigned in April last year before the conclusion of his five-year tenure, citing personal reasons. Shift Car Rental: The first in Electric Car Rentals in the UAE. Fox 19 • Tuesday 16 January 2018."
Resigned in April of 2017...sound familiar. Did this gentleman leave Harvard Business School to run XNRGI/NEAH ? He also has former ties to TaTa Motors based in Mumbai which now owns Landrover and Jaguar.
Rediculousd posted a very ambigous line about Landrover back in the fall, insinuating Neah was involved with them in some way.
JMHO
Bill
Seems the other video has been taken down as well...
This was posted about September 6th you can see the button batteries but you can also see some pouch batteries... small sales large impact on share price.... no comments from company....shameful..
Someone is covering up and manipulating this stock and company releases
You can see the the foil package in the pic same size as the credit card batteries in the image below..
Bill_ENG Wednesday, 09/06/17 09:18:42 AM
Re: None
Post #
24504
of 24895 Go
NEW VIDEO:
https://vimeo.com/231188779
Paul Sidlo has a new XNRGI video showing the safety of the battery.
They take a battery punch a nail through it twice ( normally would short the battery ) then cut the edges and expose the wafer material.
The whole time measuring voltage output which stays steady and temperature which stays steady.
This is impressive !
T
Professor of Electrical and Renewable Energy Engineering at Oregon Institute of Technology and a Chief Technology Officer for Xnrgi
My name Is Shelly Roof and I am currently a Renewable Energy Engineering Graduate Student at Oregon Institute of Technology in Wilsonville Oregon. As of now I am in my senior year of my B.S degree or my first year of my M.S degree, but because I am a member of the 4+1 program at Oregon Tech (OT), I will be graduating with both my B.S and M.S degrees in Renewable Energy Engineering in June 2018.
Prior to attending school in Wilsonville, I attended the OT campus in Klamath Falls where I particularly found my love for energy storage through taking electrochemistry, batteries, and fuel cell courses which prompted my decision to pursue graduate level education. I will be taking the Masters level sequence involving energy storage beginning in 2017 and am currently involved in pursuing publication on 2 papers, one of which is in the field of energy storage.
Started new job in May...must have gotten funded somehow....
Shelly Whitlock
Yesterday at 11:27 AM ·
5 years of hard work and my B.S and M.S In Renewable Energy Engineering are done! Thank you to everyone who supported me, and of course everyone in my cohort ?? Now off to work at my new job at XNRGI to play with batteries
Graduate Research Assistant at Oregon Tech
Battery Research Engineer at XNRGI
Studies Masters in Renewable Energy Engineering at Oregon Institute of Technology
Slobodan Petrovic, PhD XNRGI Engineering
http://www.advancedautobat.com/aabc-us/18/speaker-names/
Slobodan Petrovic, Ph DProfessor
Dr. Slobodan Petrovic is a Professor of Electrical and Renewable Energy Engineering at Oregon Institute of Technology and a Chief Technology Officer for Xnrgi. Dr. Petrovic has over 30 years of experience in various areas of science and technology, and diverse background from large and small industry, government research labs, and academia. He has published, presented and patented over 100 works in these fields. His current interest is in materials for energy storage devices, MEMS fuel cells, dye-sensitized solar cells, investigation of carrier lifetime in solar cells, portable fuel cells, battery charging techniques, hydrogen production and storage, silicon-based anodes for Li Ion batteries, Li air cells, water purification methods, remote sensing for smart grid, and low-cost technology for developing countries. Previously, Dr. Petrovic was a professor at Arizona State University, Vice President of Engineering for a stationary power fuel cell company, a Director of Systems Integration for a portable fuel cell company, and a Member of the Technical Staff for Motorola, Inc. He received his B.Sc. from the University of Belgrade in his native Serbia and his PhD from the Technical University of Dresden in Germany. Dr. Petrovic is also Founder and President of a non-profit organization, Solar Hope, dedicated to helping developing countries through use of renewable energy. With his team, he has accomplished over 120 solar PV installations, with battery storage, in developing countries.
No, Fuel-Cell Cars Aren't Quite Dead Yet
So it appears that someone invested 5 million dollars in reading the State of Nevada fillings.... seem to follow some of the rumors posted about the on goings in India... fuel cells production not just batteries..
https://www.fool.com/investing/2018/06/21/no-fuel-cell-cars-arent-quite-dead-yet.aspx
A new deal reminds us that automakers haven't given up on fuel-cell tech.
John Rosevear (TMFMarlowe)
Jun 21, 2018 at 2:05PM
German luxury-car maker Audi AG and Korean automaker Hyundai (NASDAQOTH:HYMTF) are teaming up on what could become an important electric-vehicle technology: hydrogen fuel cells.
Under the deal, the two companies -- and their affiliates, including Audi owner Volkswagen AG (NASDAQOTH:VLKAY) and Hyundai partner Kia Motors -- will license key patents to one another and share access to fuel-cell parts, including the parts that Hyundai has developed for its current fuel-cell vehicles.
https://www.sciencedirect.com/science/article/pii/S1364032117311991
Whether or not alternative fuel vehicles (AFVs) will finally find a place in the global mass-market or even will dominate the vehicle segment will depend on several success factors: reduction of customer anxiety, fast recharging, better charging infrastructure, environmental justice policies and some others. Current technological advances in battery electric vehicles and hydrogen fuelled electric vehicles could represent a hopefully option in the near future. Nevertheless, and until electric/hydrogen technological barriers are not torn down, both power architecture do not have an opportunity to be fully introduced in the vehicle market. In this paper, the authors present a powertrain architecture concept based in current fossil fuel extender range, but changing it to a hydrogen fuel cell stack system that works as range extender. The objective is to probe how optimization techniques, by the inclusion of genetic algorithms, could be a crucial help when planning the fuel consumption/selection. The paper ambition is to highlight the possibilities of this powertrain and its appropriated management to allow hydrogen become an energy carrier feasible today in the automotive world.
$0.0005 Day's Change 0.00 (0.00%) Bid 0.0004 Ask 0.0005
B/A Size 12,921,137 x 1,961,873
Day's High 0.0005 Day's Low 0.0005 Volume 197,400 June 15, 2018 9:30am ET
Will we see late friday afternoon trading again....
ShortonCash Wednesday, 06/13/18 11:35:44 AM
Re: ShortonCash post# 26967 0
Post #
26976
of 26976
$0.0004 Day's Change 0.00 (0.00%) Volume(Below Average) 95,000
Bid 0.0004 Ask 0.0005
B/A Size 11779237 x2 736373
Day's High 0.0004 Day's Low 0.0004
So what is going on....why do some .0004 trade... and not the others..
ShortonCash Tuesday, 06/12/18 09:44:36 AM
Re: ShortonCash post# 26911
Post #
26967
of 26975
$0.0005 Day's Change 0.00 (0.00%)
Bid 0.0004 Ask 0.0005
B/A Size 15061237 x 2776373
Historical Short Volume Data for NPWZ
Date Close High Low Volume Short Volume % of Vol Shorted
Jun 11 NA NA NA 10,932,072 10,730,000 98.15
Jun 08 NA NA NA 5,160,000 4,760,573 92.26
$0.0004 Day's Change 0.00 (0.00%) Volume(Below Average) 95,000
Bid 0.0004 Ask 0.0005
B/A Size 11779237 x2 736373
Day's High 0.0004 Day's Low 0.0004
So what is going on....why do some .0004 trade... and not the others..
ShortonCash Tuesday, 06/12/18 09:44:36 AM
Re: ShortonCash post# 26911
Post #
26967
of 26975
$0.0005 Day's Change 0.00 (0.00%)
Bid 0.0004 Ask 0.0005
B/A Size 15061237 x 2776373
Historical Short Volume Data for NPWZ
Date Close High Low Volume Short Volume % of Vol Shorted
Jun 11 NA NA NA 10,932,072 10,730,000 98.15
Jun 08 NA NA NA 5,160,000 4,760,573 92.26
On Mon, Oct 23, 2017 at 11:05 AM, Rainwater, Jason (CONTR) <Jason.Rainwater@ee.doe.gov> wrote:
Julia – thank you for the introduction and for correcting the project status for Neah Power Systems on our website.
Office of Energy Efficiency and Renewable Energy
XXXXXX, we are not currently updating the project status of projects that are in progress, but we do monitor and track them. Was there anything specific you wanted to see changed for Neah’s project summary on www.sbv.org?
Best regards,
Jason Rainwater
Program Analyst - Team Leader
Redhorse Corp. | U.S. Department of Energy
Office of Energy Efficiency and Renewable Energy
1000 Independence Avenue, SW
Washington, DC 20585
Office: 202-586-9197
Cell: 240-246-5740
Jason.Rainwater@ee.doe.gov
Neah Power in ....Vehicle Technologies Office Merit Review 2017
https://energy.gov/eere/vehicles/downloads/vehicle-technologies-office-merit-review-2017-post-test-analysis-lithium-ion
Home » Vehicle Technologies Office Merit Review 2017: Post-Test Analysis of Lithium-Ion Battery Materials
Presentation given by Department of Energy (DOE) at the 2017 DOE Vehicle Technologies Office and Hydrogen and Fuel Cells Program Annual Merit Review and Peer Evaluation Meeting about Electrochemical Storage.
PDF icon es166_bloom_2017_p.pdf
https://energy.gov/sites/prod/files/2016/06/f32/es166_bloom_2016_o_web.pdf
Neah has been added as collaborator with a much bigger budget..
Hello Bill,
I wrote the SBV regarding the ANL testing. Here is the email string I received today. Read from the bottom up. You're a smart guy familiar with the technology. What do you think?
Regards
------------------------------------
Julia,
I contacted the PI (Ira Bloom) and here is his update on this project:
Greg: It took a while to get the CRADA paperwork in place. The CRADA was fully executed on 4/18/2017. We received the initial samples for characterization from NEAH Power. The samples were shipped to us on 5/26/2017 and were received in June. The baseline material was characterized in terms of microstructure; these results were shared with NEAH by e-mail and discussed with them on a phone call on 7/10/2017. We continue to characterize their materials and should have more results to share with them by the end of the week. --Ira
So, it looks like things are now on track and the project is underway.
Greg
-----------------------------------
From: Kelley, Julia S. [mailto:kelleyjs@ornl.gov]
Sent: Thursday, July 27, 2017 9:05 AM
To: Krumdick, Gregory K. <gkrumdick@anl.gov>
Cc: Palmer, Jennifer A. <palmerja@ornl.gov>; Blankenship, Angela A. <blankenshiaa@ornl.gov>; aldenic@verizon.net; Blankenship, Angela A. <blankenshiaa@ornl.gov>
Subject: Question: SBV - AMO project at ANL - no progress in a year - please provide status info
Importance: High
Greg:
During Round 2 of the Small Business Voucher Pilot program, Neah Power Systems was assigned to Argnonne National Laboratory and funds were provided for the work by DOE’s AMO program office. Following up on my call today, would you please contact the PI and let me know what the status is of this project? I need to report back to the small business ASAP.
Thank you.
Julia Kelley
Julia Kelley
Oak Ridge National Laboratory
Small Business Vouchers Pilot Program
(865) 574-1013
kelleyjs@ornl.gov
---------------------------------------
From: Blankenship, Angela A.
Sent: Tuesday, July 25, 2017 1:18 PM
To: Kelley, Julia S.
Subject: FW: Is this project dead? No movement in a year.
Hi Julia,
Is it possible that ANL has incurred cost that they just haven’t invoiced yet? We haven’t received any invoices at all, and the beginning date for the PO was 10/27/2016.
Angie
------------------------------------------
From: Palmer, Jennifer A.
Sent: Monday, July 24, 2017 7:47 PM
To: Kelley, Julia S. <kelleyjs@ornl.gov>
Cc: Blankenship, Angela A. <blankenshiaa@ornl.gov>
Subject: FW: Is this project dead? No movement in a year.
Project Status: In Progress
It took a while to get the CRADA paperwork in place. The CRADA was fully executed on 4/18/2017 The year is up and the report still says in progress...
so very good question
If you look at the photos on the website you can see the Argonne Lab Labels...
https://www.sbv.org/projects/am-round2-neah.html
Company Name: Neah Power Systems
Program Office: Advanced Manufacturing
Location: Bothell, WA
Website: neahpower.com
EMAIL: Dr. Chris D’Couto, President & CEO; cdcouto@neahpower.com
Award Amount: $300,000
Project Term: 12 months
Project Status: In Progress
Participating Lab(s): Argonne National Laboratory
Lowering Battery Costs Through Repurposed Electronic Foundry Manufacturing
CRITICAL NEED
Battery technology has advanced by leaps and bounds in the past decade, but current lithium-ion battery chemistries based on a high-energy cathode and a lithium-intercalation anode, such as graphite, are reaching some of their limits when it comes to providing high-energy-density power at a low cost per unit with low capital cost for production.
Replacing graphite with lithium metal or lithium alloy is a viable method to increase energy density. Neah Power Systems has patented a three-dimensional porous silicon based lithium-metal battery that has demonstrated 1,500 watts per liter of volume and 500 watts per kilogram. This battery uses older generation computer chip manufacturing technology that is widely available throughout the world, enabling a low cost, which the company targets at $150 per kilowatt hour in high volume production. Such a low price point would make the battery applicable across industries, from small devices such as cell phones to larger applications for stationary power, automotive and grid-scale back up. Such a foundry model allows a low capital-cost ramp up into high volume production, with very high quality control. Through the SBV Pilot, the company will utilize Argonne National Laboratory staff and expertise to determine the optimal metallization scheme for porous silicon as well as reliable and reproducible processes and insights into possible causes of degradation, capacity fade and dendrite growth.
PROJECT INNOVATION + ADVANTAGES
In addition to utilizing existing manufacturing technology, the battery uses existing materials for the anode, cathode, the separator and the electrolytes. This reduces the risk of new materials adoption and testing. The technology also includes a unique approach using microchip geometry to control dendrite growth. The understanding acquired through the project will improve the manufacturing of the porous silicon, in particular the metallization process. This will help the company achieve target metrics on cost, and performance, and allow longer cycle lifetime for the battery.
POTENTIAL IMPACT
Economy:
Developing new technologies that can piggyback on older industries preserves jobs, utilizes existing infrastructure and fosters opportunities in advanced manufacturing, including domestic job creation.
Environment:
Electric vehicles reduce pollution associated with gasoline combustion. Electricity storage is also an important complement for renewable electricity systems, which vary in how much power they produce based on local weather conditions.
Security:
Electric vehicles are increasingly cost-competitive with their gasoline counterparts, but consumers will remain hesitant to purchase them until their range grows longer. Higher penetration for such vehicles can dramatically reduce U.S. gasoline consumption and the country's resulting reliance on overseas oil markets.
SBV is an initiative of the Office of Energy Efficiency & Renewable Energy within the U.S. Department of Energy (DOE) and participating DOE national labs.
Contact the webmaster to send comments, report problems,
https://www.ornl.gov/staff-profile/julia-s-kelley
Julia,
I contacted the PI (Ira Bloom) and here is his update on this project:
Greg: It took a while to get the CRADA paperwork in place. The CRADA was fully executed on 4/18/2017. We received the initial samples for characterization from NEAH Power. The samples were shipped to us on 5/26/2017 and were received in June. The baseline material was characterized in terms of microstructure; these results were shared with NEAH by e-mail and discussed with them on a phone call on 7/10/2017. We continue to characterize their materials and should have more results to share with them by the end of the week. --Ira
So, it looks like things are now on track and the project is underway.
XNRGI NEAH POWER SYSTEMS hawking same Powerchip.....In India...2017
Mr. Gupta brings more than thirty years of entrepreneurial & managerial experience to XNRGI, having owned owned and managed several joint ventures with multinational companies in India.
http://www.ciidefence.in/deftech-2017.php
]http://www.ciidefence.in/images/gallery/DEFTECH2017/Deftech-2017/20.jpg
Lj Ristic and Mr. Deepak Gupta, Managing Director, India
with an office in Luxemburg who is in Luxemburg... seem like many new employees...
\
Mr. Gupta brings more than thirty years of entrepreneurial & managerial experience to XNRGI, having owned owned and managed several joint ventures with multinational companies in India. He brings experience in areas of strategic management, sales and marketing, commercial and general administration. Mr. Deepak Gupta is a Commerce Graduate from Sydenham College of Commerce & Economics, University of Mumbai & has also participated in various Management programs conducted by reputed Institutions in India
Lj Ristic
Vice President of Product Engineering and Marketing
Santa Clara, CaliforniaSkills: Engineering, Technology, Design, Marketing, Business Strategy, Manufacturing, Operations
Domain Expertise: Engineering, Technology, System Architecture, Heterogeneous Integration, Automotive Systems, ADAS, Sensors, Lasers, Dynamic Lighting, LiDAR, ASIC, Power Devices and Electronics, IoT, MEMS, Non-Volatile Memories, Wireless Standards, Connectivity, Smartphones, Tablets, Mobile Processors, RF Systems, CMOS, GaAs, Clean Energy, Photovoltaics, Batteries.
Formal Education: PhD in EE and MBA in Global Management
Executive Experience:
- International/Global
- Multibillion Corporations and Startups
- Engineering
- Technology and Manufacturing
- Operations and P&L
- Marketing
- Business Strategy
- Product Development and Roadmaps
- Application Engineering and Design Wins
- Customer Engagement
- Leading and Mentoring Multifunctional Teams
- Mergers and Acquisitions
Customer Engagement:
- Exceptional with customers globally
- Working experience with top tier OEMs
- Building strategic partnerships worldwide
Academic Experience:
- Educator / Full Professor
- Teaching Graduate and Undergraduate Courses
- University Research / Collaborative Research
- Graduate Student Mentoring
- Extensive Publishing / Conference Chairing