#Mining #Stocks in the News- Defense Metals (TSX-V: $DEFN.V) (OTCQB: $DFMTF) Commences 2021 Wicheeda #REE Deposit Resource Expansion and Definition Diamond Drill Program; @DefenseMetals

#Mining #Stocks in the News- Defense Metals (TSX-V: $DEFN.V) (OTCQB: $DFMTF) Commences 2021 Wicheeda #REE Deposit Resource Expansion and Definition Diamond Drill Program; @DefenseMetals

 

Vancouver, British Columbia, September 9, 2021 –Investorideas.com Newswire, MiningSectorStocks.com and RenewableEnergyStocks.com -Mining/Metals/ Green Energy Stock News- Defense Metals Corp. (“Defense Metals”) (TSX-V:DEFN / OTCQB:DFMTF/ 35D: FSE) is pleased to announce commencement of diamond drilling at its Wicheeda Rare Earth Element (REE) deposit. The Company plans to complete up to 5,000 metres of diamond drilling designed to expand the deposit and further delineate existing resources.

 

Read this news and see images featuring DEFN in full at https://www.investorideas.com/news/2021/mining/09091DEFN-Wicheeda-REE-Diamond.asp

 

The road accessible Wicheeda REE Property is located close to infrastructure approximately 80 kilometres northeast of Prince George, British Columbia (BC). The Wicheeda project has indicated mineral resources of 4,890,000 tonnes averaging 3.02% LREO (Light Rare Earth Elements) and inferred mineral resources of 12,100,000 tonnes averaging 2.90% LREO1.

 

During 2019, the Company completed 13 diamond drill holes totalling 2,005 metres that expanded the Wicheeda deposit to the north, where it remains open, and further delineated the relatively higher-grade, near surface dolomite carbonatite. The 2019 drill campaign yielded one of the highest grade REE intercepts to date within drill hole WI19-31 that returned 4.43% LREO over 83 metres; including 5.47% LREO over a drill core interval of 33 metres ending in mineralization2. The 2019 exploration resulted in a 49% tonnage and 30% grade increase in mineral resources (see Defense Metals News Release Dated May 13, 2020).

 

The 2021 Wicheeda diamond drill program is designed to build on the successes of the 2019 campaign in support of future advanced economic studies. The 2021 drill program will focus on expanding the zone REE mineralized dolomite-carbonatite to the north, in addition to further delineating existing inferred resources within the central and northwestern areas of the deposit (Figure 1). A comprehensive campaign totalling 32 holes from seven drill pads ranging in depth from 75 to 225 metres over a 400 metre north-south strike extent is planned.

 

Craig Taylor, CEO of Defense Metals, stated: “Defense Metals is excited to commence its 2021 resource expansion and delineation diamond drilling at Wicheeda. We expect completion of the 2021 campaign will further solidify Wicheeda as one of the premier north American REE assets, and subject to a successful PEA, leave us well positioned to initiate further advanced economic studies.”

 

 

1 Technical Report on the Wicheeda Property, British Columbia, effective June 27, 2020 and prepared by APEX Geoscience Ltd. (Steven J. Nicholls, B.A. Sc., MAIG and Kristopher J. Raffle, B.Sc., P.Geo.) is available under Defense Metals Corp.’s profile on SEDAR (www.sedar.com)

2 The true width of REE mineralization is estimated to be 70-100% of the drilled interval. See Defense Metals News Release Dated November 27, 2019.

Figure 1. Wicheeda REE Deposit 2021 Drill Plan

 

See image at

https://www.investorideas.com/news/2021/mining/09091DEFN-Wicheeda-REE-Diamond.asp

 

About the Wicheeda REE Property

The 1,708 hectare Wicheeda REE Property, located approximately 80 km northeast of the city of Prince George, British Columbia, is readily accessible by all-weather gravel roads and is nearby to infrastructure, including power transmission lines, the CN railway and major highways.

 

Geologically, the property is situated in the Foreland Belt and within the Rocky Mountain Trench, a major continental geologic feature. The Foreland Belt contains part of a large alkaline igneous province, stretching from the Canadian Cordillera to the southwestern United States, which includes several carbonatite and alkaline intrusive complexes hosting the Aley (niobium), Rock Canyon (REE), and Wicheeda (REE) deposits.

 

Qualified Person

The scientific and technical information contained in this news release as it relates to the Wicheeda REE Property has been reviewed and approved by Kristopher J. Raffle, P.Geo. (BC) Principal and Consultant of APEX Geoscience Ltd. of Edmonton, AB, a director of Defense Metals and a “Qualified Person” as defined in National Instrument 43-101 – Standards of Disclosure for Mineral Projects. Mr. Raffle verified the data disclosed which includes a review of the analytical and test data underlying the information and opinions contained therein.

 

About Defense Metals Corp.

Defense Metals Corp. is a mineral exploration company focused on the acquisition of mineral deposits containing metals and elements commonly used in the electric power market, military, national security and the production of “GREEN” energy technologies, such as, high strength alloys and rare earth magnets. Defense Metals has an option to acquire 100% of the 1,708 hectare Wicheeda Rare Earth Element Property located near Prince George, British Columbia, Canada. Defense Metals Corp. trades in Canada under the symbol “DEFN” on the TSX Venture Exchange, in the United States, under “DFMTF” on the OTCQB and in Germany on the Frankfurt Exchange under “35D”.

 

For further information, please contact:

Todd Hanas, Bluesky Corporate Communications Ltd. Vice President, Investor Relations

Tel: (778) 994 8072

Email: todd@blueskycorp.ca

 

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

 

Cautionary Statement Regarding “Forward-Looking” Information

This news release contains “forward‐looking information or statements” within the meaning of applicable securities laws, which may include, without limitation, statements relating to the ongoing optimization test work and the expected outcomes, operation of a future hydrometallurgical pilot plant, plans for its Wicheeda Property, the advancement and development of the Wicheeda Property, the technical, financial and business prospects of the Company, its project and other matters. All statements in this news release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Such statements and information are based on numerous assumptions regarding present and future business strategies and the environment in which the Company will operate in the future, including the price of rare earth elements, the ability to achieve its goals, that general business and economic conditions will not change in a material adverse manner, that financing will be available if and when needed and on reasonable terms. Such forward-looking information reflects the Company’s views with respect to future events and is subject to risks, uncertainties and assumptions, including those filed under the Company’s profile on SEDAR at www.sedar.com. While such estimates and assumptions are considered reasonable by the management of the Company, they are inherently subject to significant business, economic, competitive and regulatory uncertainties and risks. Factors that could cause actual results to differ materially from those in forward looking statements include, but are not limited to, continued availability of capital and financing and general economic, market or business conditions, adverse weather conditions, failure to maintain or obtain all necessary government permits, approvals and authorizations, failure to maintain community acceptance (including First Nations), decrease in the price of rare earth elements, the impact of Covid-19 or other viruses and diseases on the Company’s ability to operate, increase in costs, litigation, and failure of counterparties to perform their contractual obligations. The Company does not undertake to update forward‐looking statements or forward‐looking information, except as required by law.

 

Paid News -Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Disclosure : this news release featuring Defense Metals Corp. is a paid for service  on Investorideas.com ($750) More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com

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#Solar #Stocks in the News; Solar Integrated Roofing (OTC: $SIRC) Expects to Reach Profitability in 2021; @SIRCStock

#Solar #Stocks in the News; Solar Integrated Roofing (OTC: $SIRC) Expects to Reach Profitability in 2021; @SIRCStock

 

EL CAJON, CA / September 9, 2021 / Solar stock news from Investorideas.com Newswire and RenewableEnergyStocks.com  - Solar Integrated Roofing Corp. (OTC: SIRC), an integrated, single-source solar power and roofing systems installation company, announced today that it has launched a strategic corporate streamlining program to decrease costs and further realize cost synergies across its family of companies, which when combined with its record sales growth, is expected to achieve profitability as early as the quarter ended August 31, 2021.

 

Read this news, featuring SIRC in full at https://www.investorideas.com/news/2021/renewable-energy/09091Solar-Integrated-Roofing-Profitability.asp

 

The program’s focus to reduce labor expenditures and duplicative overhead will enable a more competitive, streamlined operating model – better positioning the company to achieve profitability from its current base of business. The leaner organizational structure is also expected to improve communication flow and cross-functional collaboration, leveraging more efficient business processes. The Company is targeting over $1 million in annual cost savings to be realized by December 31, 2021.

 

“After our most recent acquisition, we turned our attention to organic growth and accelerating the path to profitability,” said David Massey, Chairman and Chief Executive Officer of Solar Integrated Roofing Corp. “Our corporate synergy program’s chief goal will be to implement operating best practices and remove redundancies across our family of companies. These moves will help to simplify operations, improve execution and enable a more competitive cost structure.

 

“The program is expediting our road to profitability, supplemented by our robust sales growth in recent months. With our sustained sales momentum, record setting sales in July and the busy fall season ahead, we now expect to be cash flow positive and profitable in the quarter ended August 31^st. Combined with our recently announced share buyback program, I believe we better positioned to create sustainable value for our shareholders than any other time in our history as a public company,” concluded Massey.

 

About Solar Integrated Roofing Corp.

Solar Integrated Roofing Corp. (OTC: SIRC), is an integrated, single-source solar power and roofing systems installation platform company specializing in commercial and residential properties throughout the United States. The Company serves communities by delivering the best experience through constant innovation & legacy-focused leadership. The Company's broad array of solutions include sales and installation of solar energy systems, battery backup and electric vehicle (EV) charging stations to roofing, HVAC and related electrical contracting work. For more information, please visit the Company's website at www.solarintegratedroofing.com.

 

Forward-Looking Statements

Any statements made in this press release which are not historical facts contain certain forward-looking statements; as such term is defined in the Private Security Litigation Reform Act of 1995, concerning potential developments affecting the business, prospects, financial condition and other aspects of the company to which this release pertains. The actual results of the specific items described in this release, and the company's operations generally, may differ materially from what is projected in such forward-looking statements. Although such statements are based upon the best judgments of management of the company as of the date of this release, significant deviations in magnitude, timing and other factors may result from business risks and uncertainties including, without limitation, the company's dependence on third parties, general market and economic conditions, technical factors, the availability of outside capital, receipt of revenues and other factors, many of which are beyond the control of the company. The company disclaims any obligation to update the information contained in any forward-looking statement. This press release shall not be deemed a general solicitation.

 

Investor Relations Contact:
Lucas A. Zimmerman
Director
MZ North America
Main: 949-259-4987
SIRC@mzgroup.us
www.mzgroup.us

 

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#ExploringMining #Podcast–President of Aurcana Silver Corporation (TSXV: $AUN.V) (OTCQX: $AUNFF) Discusses Flagship Revenue-Virginius polymetallic Mine; @AurcanaC

 

#ExploringMining #Podcast–President of Aurcana Silver Corporation (TSXV: $AUN.V) (OTCQX: $AUNFF) Discusses Flagship Revenue-Virginius polymetallic Mine; @AurcanaC

 

Point Roberts WA, Delta BC, September 9, 2021 Investorideas.com, a global investor news source covering mining and metals stocks releases today’s edition of Exploring Mining Podcast, featuring an exclusive interview with Kevin Drover, President, Chairman and CEO of Aurcana Silver Corporation (TSXV:AUN) (OTCQX:AUNFF).

 

Listen to the podcast:

https://www.investorideas.com/Audio/Podcasts/2021/090721-Mining-AUN.mp3

 

Read this in full at https://www.investorideas.com/news/2021/exploring-mining/09091Interview-AUN.asp

 

Listen to Exploring Mining podcast on iTunes Apple podcasts   

 

Listen to Exploring Mining on Spotify

 

Investorideas.com spoke with Kevin Drover, President, Chairman and CEO of Aurcana Silver Corporation (TSXV:AUN) (OTCQX:AUNFF), who said that the resumption of activity at the company’s flagship Revenue-Virginius polymetallic mine in Ouray, Colorado-which initiated commissioning with development ore on August 27, 2021-puts Aurcana on track for success.

 

“This brings us back into the group of “producer” again and this is something that we’ve been wanting to do since I took over Aurcana in mid 2014,” Drover said.

 

A recent press release reported initial assay results from the mine’s 1800 drift level, which showed an “average undiluted grade over 78 feet of drift of 54.0 (33.9 diluted to a minimum mining width of 1.5 ft) ounces per ton silver equivalent (AgEq)1 per short ton (ST).” The vein’s actual width turned out to be 1.19ft, higher than the modeled width of 0.23 feet, on which Drover commented:

 

“It bodes very well for what we can expect to mine when we’re in the stope itself.”

 

The aforementioned vein is the Virginius vein which currently commands most of the company’s attention, but Drover went on to discuss the other veins at Revenue-Virginius.

 

“We have nine major veins on our property,” he said. “We’re going to be mining [the Virginius vein] for the next seven years for sure, and probably a lot longer than that. We do have the Terrible vein, the Yellow Rose, the Wheel of Fortune – and all of these veins have all been in production at one time in the past, but we just haven’t had the chance to get to them to do a large amount of exploration at this stage. We are doing some work on the Wheel of Fortune, and we hope to be able to get a drilling program completed on that sometime in the not too distant future. But right now our focus is on the Virginius vein, of course, and getting ourselves positioned so that we can get up to full production from that vein.”

 

Drover explained that while Aurcana’s original intention to become cash flow positive by September has been delayed, the company is still on track to ramp up production.

 

“We had originally anticipated being cash flow positive in September, but of course we’ve been delayed a month,” he said. “That delay was caused by congestion on the 1800 level.”

 

“We’re looking at October now before we’re going to be hitting cash flow positive, but we’re pretty certain that October is going to be the month when we will hit our numbers,” he said. “We’ll get up to 270 tons per day, and be cash flow positive. Over the course of September we’re going to be ramping up from about 130 tons per day to about 270 in October.

 

In the future, in 2022-23, we’ll be looking to expand that 270 up toward the 500 tons a day, and get up toward the 6-6.5 million ounce production number.”

 

With activities resumed on the property, Aurcana foresees the possibility of mine life extending past feasibility study projections.

 

“The Revenue-Virginius mine, as per the feasibility study, has a seven year mine life,” Drover said. “We certainly anticipate decades. We still have to do the homework, but we intend to be developing toward the north on our 1800, 1500, and 1200 levels, and we anticipate that the Virginius vein runs another 8,000 feet of strike length. We think we’re going to be mining there in excess of 20 years.”

 

Though the company’s recent news has been focused on the Revenue-Virginius property, Drover also discussed the status of the company’s Shafter-Presidio Silver Project in Texas.

 

“We are doing some work on the Shafter project,” he said. “It’s going to be a mine again, it’s pure silver. We are doing a new resource estimate on that that we hope to have out soon. We are looking to possibly do a drill program later in this year to expand the resource somewhat, and to get samples for metallurgical testing. Sometime in the first half of 2022 we anticipate initiating a feasibility study, and, pending a positive feasibility study, we would probably be in a position to make a production decision sometime in the mid 2022 to third quarter of 2022."

 

ABOUT AURCANA SILVER CORPORATION http://www.aurcana.com/

Aurcana Silver Corporation owns the Revenue Mine in Colorado, and the Shafter-Presidio Silver Project in Texas, US. The primary mineral resource at both the Shafter-Presidio Project and the Revenue Mine is silver. Both are fully permitted for production.

 

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Investorideas.com publishes breaking stock news, third party stock research, guest posts and original articles and podcasts in leading stock sectors.  Learn about investing in stocks and get investor ideas in cannabis, crypto, AI and IoT, mining, sports biotech, water, renewable energy, gaming and more. Investor Idea’s original branded content includes podcasts and columns : Crypto Corner , Play by Play sports and stock news , Investor Ideas Potcasts Cannabis News and Stocks on the Move podcast ,  Cleantech and Climate Change , Exploring Mining , Betting on Gaming Stocks Podcast and  the AI Eye Podcast.

 

Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions.

More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Disclosure: Aurcana Silver Corporation is a featured company on Investorideas.com

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#AIEye #Podcast 600: #Stocks discussed: (OTCPINK: $GTCH) (NYSE: $WFC)

 

#AIEye #Podcast 600: #Stocks discussed: (OTCPINK: $GTCH) (NYSE: $WFC)

 

GBT Concludes Large-Scale Testing for qTerm Gen III and Wells Fargo Launches AI-Powered “Integrated Receivables”

 

Global #AI Market to Reach $171.02B in 2025

 

Point Roberts WA, Vancouver BC – September 8, 2021  – Investorideas.com (www.investorideas.com), a global investor news source covering Artificial Intelligence (AI) brings you today’s edition of  The AI Eye-  watching stock news, deal tracker and advancements in artificial intelligence  –  featuring technology company GBT Technologies Inc. (OTCPINK:GTCH).

 

Listen to today’s podcast:

https://www.investorideas.com/Audio/Podcasts/2021/090821-AI-Eye.mp3

 

Read this in full at https://www.investorideas.com/news/2021/artificial-intelligence/09081GTCH-WFC.asp

 

Hear the Ai Eye on Spotify  

 

Today’s Column- The AI Eye- Watching stock news, deal tracker and advancements in artificial intelligence

 

Stocks discussed: (OTCPINK:GTCH) (NYSE:WFC)

 

GBT Technologies Inc. (OTC PINK:GTCH) has announced the conclusion of large-scale testing for its qTerm GEN III prototype human vital signs device device. This third generation release, according to the press release, boasts “a series of enhancements for higher accuracy, consistency, and visual feedback to support broader user's usages and behaviors.” CTO Danny Rittman explains:

 

"GEN III version improvements will significantly increase the device's overall performance, accuracy, and consistency, and with its accompanied web application widget, it can offer a real time medical information observation in remote places or simply from home. Our Artificial Intelligence technology is aimed to process the widget data and provide 24/7 medical monitoring in a later stage. The web widget will be soon available on qTerm's website at www.qterm.me. As a courtesy for the public, we will provide a demo device data for demonstration purposes. During the next few months we plan to conclude the qTerm device and approach potential domain for its commercialization. We believe that this type of technology can become an essential health monitoring assistant at any time and place, keeping our lives healthier and safer.”

 

Wells Fargo & Company (NYSE:WFC) has launched a new Accounts Receivable (AR) service called Integrated Receivables, which leverages artificial intelligence, machine learning, and robotic processing to “help simplify payment and remittance data capture, re-association, and invoice matching.” Danny Peltz, head of Treasury Management & Payment Solutions for Wells Fargo, explained:

 

"Integrated Receivables allows our clients to spend less time working on piecing together payments data and more time focusing on their core business objectives. By automating the capture of payments and the matching of funds to invoices, Integrated Receivables can help produce significant operational cost savings, reduce the risk of incomplete or inaccurate data entry, and accelerate cash flow."

 

Global AI Market to Reach $171.02B in 2025

 

A report published by Research and Markets finds that the global market for AI is projected to grow from an estimated $51.56 billion in 2021 to $171.02 billion in 2025, registering a compound annual growth rate (CAGR) of 35 percent in the forecast period. An excerpt from the report’s summary outlines factors influencing the market’s growth:

 

Growing investment in AI technologies contributed to the growth of the Artificial intelligence market. Many companies are investing in AI technologies or AI start-ups to increase the efficiency of AI software as AI enables them to make more informed decisions and achieve better results. For instance, Microsoft has invested around $1 billion in OpenAI, a San Francisco company. The two companies had formed a partnership to develop AI supercomputing technologies on Microsoft's cloud Azure. AI is useful across multiple sectors. For instance, AI can lead to breakthroughs in R&D and diagnostics in the healthcare sector, it can help make better forecasts in finance, and in manufacturing, it can increase production controls and efficiency. Therefore, the rise in investment in AI technologies due to its advantages in every sector is driving the market for the Artificial Intelligence market.

 

Sam Mowers, Investorideas.com

 

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Investorideas.com publishes breaking stock news, third party stock research, guest posts and original articles and podcasts in leading stock sectors.  Learn about investing in stocks and get investor ideas in cannabis, crypto, AI and IoT, mining, sports biotech, water, renewable energy, gaming and more. Investor Idea’s original branded content includes podcasts and columns : Crypto Corner , Play by Play sports and stock news , Investor Ideas Potcasts Cannabis News and Stocks on the Move podcast ,  Cleantech and Climate Change , Exploring Mining , Betting on Gaming Stocks Podcast and  the AI Eye Podcast.

 

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Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure: GTCH is a paid monthly featured AI stock   More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com  Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

 

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