Thursday, September 09, 2021

#CryptoCorner #Podcast 670: #Stocks discussed: (TSXV: $DMGI.V) (NasdaqCM: $MARA) (NasdaqCM: $RIOT) (TSXV: $BNXA.V)

#CryptoCorner #Podcast 670: #Stocks discussed: (TSXV: $DMGI.V) (NasdaqCM: $MARA) (NasdaqCM: $RIOT) (TSXV: $BNXA.V)

DMG Joins Marathon’s MaraPool, Riot Reports Production and Operations Updates for August, and Banxa Holdings Announces August TTV and New Partners

Point Roberts, WA, Delta BC September 9, 2021 - Investorideas.com, a leader in crypto and blockchain investing news brings you today’s edition of the Crypto Corner podcast and commentary on what’s driving cryptocurrency stocks and the crypto market.

Listen to today’s Crypto Corner Podcast:

https://www.investorideas.com/Audio/Podcasts/2021/090921-CryptoMarket.mp3

Read this in full at https://www.investorideas.com/news/2021/crypto-corner/09091DMGI-MARA-RIOT-BNXA.asp

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Stocks discussed: (TSXV:DMGI) (NasdaqCM:MARA) (NasdaqCM:RIOT) (TSXV:BNXA)

DMG Blockchain Solutions Inc. (TSXV:DMGI) has announced that it has become the first Canadian Bitcoin miner to join MaraPool, the mining pool of Marathon Digital Holdings, Inc. (NasdaqCM:MARA). According to the press release, the pool “provides its members with industry leading transparency, an intuitive reporting system, and access to exclusive services from NYDIG [New York Digital Investment Group].” The CEO of DMG Blockchain, Sheldon Bennett, said:

“Marathon has consistently remained at the forefront of not only scaling but professionalizing the Bitcoin mining industry. Their mining pool, which leverages our industry-leading software, is no different. While many mining pools lack transparency and accountability, MaraPool excels at both. We believe that being the first to join shows our confidence in MaraPool, and we look forward to others joining and benefiting from MaraPool as well.”

Riot Blockchain Inc. (NasdaqCM:RIOT) has reported its production and operations updates, and miner deployment status, for the month of August 2021. Highlights include the production of 441 Bitcoin (BTC) – up roughly 451 percent over August 2020, and the deployment of a fleet of 22,050 miners, with a hash rate capacity of 2.2 exahash per second (EH/s). The company expects that by the end of this month “it will have a total of 25,650 Antminers in operation, utilizing approximately 83 megawatts (“MW”) of energy, with an estimated hash rate capacity of 2.6 EH/s.”

Banxa Holdings Inc. (TSXV:BNXA) has reported its Total Transaction Value (TTV) numbers for the month of August 2021, as well as the signing of two new partners. The company recorded $78 million AUD ($57.5 million USD) in TTV for the month, up 275 percent over the same period last year. Banxa CEO Holger Arians said:

"It has been a couple of exciting weeks for us - barring Tuesday's BTC sell off, we've seen an overall pick up in volumes across the digital asset sector that seems likely to continue. Additionally, it is great to announce new partners coming onboard. Bityard is based in Asia Pacific and it is excellent to partner with another great company in the region. Hivelly is also now live, and is a welcome addition to the Banxa network."

Sam Mowers, Investorideas

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#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

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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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