#CryptoCorner #Podcast 713: #Stocks discussed: (NasdaqGS: $COIN) (NasdaqCM: $MARA) (CSE: $BIGG.C) (CSE: $BCFN.C)

 

 

#CryptoCorner #Podcast 713: #Stocks discussed: (NasdaqGS: $COIN) (NasdaqCM: $MARA) (CSE: $BIGG.C) (CSE: $BCFN.C)

 

Coinbase Posts Q3 Shareholder Letter, Marathon Reports Q3 Results, and Blockchain Intelligence Group Integrates Syscoin

 

Point Roberts, WA, Delta BC November 10, 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.

 

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https://www.investorideas.com/Audio/Podcasts/2021/111021-CryptoMarket.mp3

 

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Stocks discussed: (NasdaqGS:COIN) (NasdaqCM:MARA) (CSE:BIGG) (CSE:BCFN)

 

Coinbase (NasdaqGS:COIN) has released its third quarter 2021 shareholder letter. The crypto exchange giant posted a total net revenue of $1.235 billion for the quarter, up from $287 million in Q3 of 2020. An excerpt from the letter reads:

 

Q3 was a strong quarter for Coinbase marked by deeper customer engagement with our products, continued product innovation, and ongoing industry momentum that we have experienced throughout 2021. We are in the early stages of the development of the cryptoeconomy and are focused on investing for long-term growth. As our year-to-date results have clearly demonstrated, our business is volatile. Coinbase is not a quarter-to-quarter investment, but rather a long-term investment in the growth of the cryptoeconomy and our ability to serve users through our products and services. We encourage our investors to take this point of view.

 

Marathon Digital Holdings, Inc. (NasdaqCM:MARA) has reported its financial results for the third quarter ended September 30, 2021. Highlights include a total revenue of $51.7 million – an increase of 76 percent from the $29.3 million posted in Q2 2021, and the production of 1,252 self-mined bitcoins (BTC) in the quarter, up 91 percent from the 654 bitcoins produced in Q2. Fred Thiel, Marathon’s CEO, said:

 

“In the third quarter, we increased our hash rate to 2.7 EH/s and generated 1,252 self-mined bitcoins, which is a 91% increase from our second quarter bitcoin production. As a result, we held approximately 7,035 BTC at the end of the third quarter, and we are continuing to grow these holdings each month as we increase our hash rate and maintain our strategy to ‘hodl’ the bitcoin we mine. Beyond our bitcoin production, the quarter was highlighted by enhancements to our leadership team, the purchase of new miners from Bitmain, and the first bitcoin miner other than Marathon being added to MaraPool. While global logistics issues are currently impacting every industry, we recently began chartering planes to mitigate these issues and expedite the delivery of our miners. With the remainder of the 130,000 machines we previously purchased expected to come online between now and mid 2022, we believe the coming quarters will be transformative for Marathon, and we look forward to continuing to scale our operations.”

 

BIGG Digital Assets Inc. (CSE:BIGG) has announced that its subsidiary, Blockchain Intelligence Group (BIG), is the first blockchain analytics service to fully integrate third generation blockchain Syscoin. Developed by Blockchain Foundry (CSE:BCFN), Syscoin is described in the press release as “a trustless computing platform combining both Ethereum (ETH) and Bitcoin protocol into one ideal system that will power tomorrow's innovative distributed applications.” Syscoin Foundation president and BCF Chief Technology Officer, Jagdeep Sidhu, said:

 

“By joining the BitRank Verified ecosystem, we are able to offer compliance and a regulatory framework to Syscoin customers for the first time on a public ledger that brings the same benefits as traditional financial services. These benefits will integrate seamlessly for users all while they hold their tokens in their own digital wallets.”

 

Sam Mowers, Investorideas

 

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#REE #Mining #Stock News: Defense Metals (TSX-V: $DEFN.V) (OTCQB: $DFMTF) Completes Resource Expansion Drilling Program; @DefenseMetals

#REE #Mining #Stock News: Defense Metals (TSX-V: $DEFN.V) (OTCQB: $DFMTF) Completes Resource Expansion Drilling Program; @DefenseMetals 

 

Vancouver, British Columbia – November 10, 2021: Investorideas.com Newswire, MiningSectorStocks.com and RenewableEnergyStocks.com -Mining/Metals/ Green Energy Stock News- Defense Metals Corp. (TSX-V:DEFN / OTCQB:DFMTF/ 35D: FSE) is pleased to announce the completion of the 2021 drilling program at its Wicheeda Rare Earth Element (REE) deposit. The Company drilled a total of 5,349 metres in 29 holes designed to expand the deposit and further upgrade existing resource to measured and indicated categories.

 

Read full news and see the images at https://www.investorideas.com/news/2021/mining/11101DEFN-Defense-Metals.asp

 

 

Currently, the Wicheeda deposit 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% LREO[1].

 

The Company’s previous, and highly successful, 2019 drilling campaign resulted in a 49% increase in tonnage and a 30% increase in resource grade (see Defense Metals News Release Dated May 13, 2020). The now complete 2021 drilling program successfully accomplished the Company’s goal of identifying the expansion of the REE mineralized dolomite-carbonatite zone to the north, in addition to further delineating existing resources mineralization zones within the central and northwestern areas of the deposit (Figure 1).

 

Drilling within the northern sector of the Deposit occurred over an area of approximately 200 x 100 metres where multiple drill holes intersected visually mineralized dolomite carbonatite beyond depths predicted in the geological model, both laterally and vertically (see Defense Metals news release dated September 21, 2021). Drilling within the southern area of the deposit, primarily designed to upgrade existing inferred and indicated resources, has also confirmed and in some cases expanded the mineralized dolomite carbonatite zone.

 

Samples will be sent to ALS Canada Ltd. (ALS), an ISO-IEC 17025:2017 and ISO 9001:2015 accredited geoanalytical laboratory, for analysis by ICP-MS fusion. The Company expects to release the drilling results as they are received during Q1 2022.

 

Craig Taylor, CEO of Defense Metals, stated: “We are pleased to have completed our 2021 drilling campaign. Our expectation is of expanding and upgrading the current Wicheeda REE Deposit mineral resource. We believe the 2021 drilling results, once released, will firmly place the Wicheeda REE Deposit among the most significant rare earth deposits in North America.”

 

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 near 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, defense industry, national security sector and in the production of green energy technologies, such as, rare earths magnets used in wind turbines and in permanent magnet motors for electric vehicles. Defense Metals has an option to acquire 100% of the 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 plans for its Wicheeda Property, shipment of samples, assays, drill results and expected timelines, results and outcomes, expanded resource and scale of expanded resource, the completion of the preliminary economic assessment, 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 the risks and uncertainties relating to the interpretation of exploration results, risks related to the inherent uncertainty of exploration and cost estimates, the potential for unexpected costs and expenses and those other risks 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, delayed drilling results, 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 Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

 

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[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)

#ESG #Stocks in the News - Solar Integrated Roofing (OTC: $SIRC) Secures Lease Agreement with Tier-1 #Agriculture Operator for $36 Million Micro-Grid Project; @SIRCStock

#ESG #Stocks in the News - Solar Integrated Roofing (OTC: $SIRC) Secures Lease Agreement with Tier-1 #Agriculture Operator for $36 Million Micro-Grid Project; @SIRCStock

 

EL CAJON, CA / November 10, 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, today announced that subsidiary USA Solar Networks has secured a lease agreement with Mohave Farms, a tier-1 multi-generational agriculture operator, to build and maintain a $36 million micro-grid project for a 20,000 acre farm near Kingman, Arizona.

 

Read this news, featuring SIRC in full at https://www.investorideas.com/news/2021/renewable-energy/11101SIRC-Lease-Agreement.asp

 

Per the terms of the agreement, Solar Integrated Roofing Corp. will provide a 3MW solar project as well as an accompanying battery and integrated propane supply system – the proprietary, patented generator systems work in unison with the multiple alternative energy solutions, enabled through an AI-driven power management system.

 

The client will pay Solar Integrated Roofing in exchange for an ongoing lease payment of over $420,000 a month for a 30-year term. The micro-grid is expected to produce over 45 million kWh of electricity annually, allowing Mohave Farms to operate its alfalfa, pecan and dairy farms independent of electric utilities in a remote location. Solar Integrated Roofing Corp. will own the system, leveraging third party financing and providing all warranties, maintenance, monitoring and power guarantees to the host, ensuring Mohave is never without the necessary power to operate their facility.

 

“We are pleased to announce this incredible new partnership with Mohave Farms, expanding the reach of the SIRC family of companies into the area of operating lucrative micro-grids such as these – leveraging our unique skillset,” said David Massey, Chief Executive Officer of Solar Integrated Roofing Corp. “We are providing Mohave Farms with hundreds of millions of dollars’ worth of potential savings over the 30-year term, while further driving clean-energy adoption in the region.”

 

Pablo Diaz, CEO of USA Solar Networks, a SIRC company, added: “This project is a testament to our scale and ability to deploy some of the most technologically advanced systems available on the market today in a cost-effective manner for our clients. I look forward to further contract wins in the future, helping to generate sustainable value for my fellow shareholders over the long-term.”

 

Cameron Calaway of Mohave Farms concluded: “Given our multi-national reach, this is the first of what we believe will be many projects with Solar Integrated Roofing Corp. – we are pleased with the arrangement at our Arizona farm and look forward to transitioning more of our footprint to renewable-energy in the future.”

 

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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#Oil and #Gas #Stock News - FOOTHILLS EXPLORATION (OTC: $FTXP) reports GEOCHEMICAL SURVEY SHOWS POSITIVE RESULTS at BEAVER CREEK EAST PROJECT IN THE WIND RIVER BASIN, WYOMING; @Foothills_FTXP

#Oil and #Gas #Stock News - FOOTHILLS EXPLORATION (OTC: $FTXP) reports  GEOCHEMICAL SURVEY SHOWS POSITIVE RESULTS  at  BEAVER CREEK EAST PROJECT IN THE WIND RIVER BASIN, WYOMING; @Foothills_FTXP

 

LOS ANGELES, CA – November 10, 2021 - Investorideas.com newswire and Oilandgasstocknews.com  oil and gas stock news   – Foothills Exploration, Inc. (OTC: FTXP),  an oil and gas exploration and development company focused on delivering the energy needs of today and tomorrow is pleased to announce that it has received encouraging results for Phase 1 of its previously announced soil geochemical survey on a portion of the Company’s acreage in the Beaver Creek East (“BCE”) project in Fremont County, Wyoming.

 

Read this news featuring FTXP in full at https://www.investorideas.com/news/2021/energy/11101FTXP-Beaver-Creek-East.asp

 

The BCE soil hydrocarbon geochemical survey carried out over approximately 20 square miles of the Company Exploration Development Area (“EDA”) in Fremont County, Wyoming has successfully documented oil and gas microseeps that will help focus the Company’s Master Drilling Plan Development. “The initial results of our geochemical program at Beaver Creek East are quite promising and support our geological and technical analysis,” said Kevin J. Sylla, the Company’s Executive Chairman. “We look forward to the next phase of the geochemical program coupled with our 2-D seismic interpretation currently underway as we further evaluate the best locations for our drilling program,” continued Sylla.

 

Geochemical Survey

Phase 1 of the geochemical survey conducted over the Company’s project area has shown encouraging results with oil and condensate sourced anomalous propane concentrations in soils. Exciting is the thermogenic hydrocarbon anomaly clusters are spatially associated with known faults, structural features, features identified in seismic, drilling and associated area oil fields. High propane/propylene ratio anomalies are indicative of fast-streaming of propane along faults to surface.

 

Since oil and condensate sourced gas microseeps are clearly evident, Phase 2 of the Company’s geochemical program will further analyze 95 of the 194 soil samples collected using the Synchronous Scanned Fluorescence (“SSF”) method to reveal crude oil concentrations down to one part per million and the composition of leaking hydrocarbon source (i.e., condensate vs. high gravity vs. low gravity oil). The SSF analysis will also determine the API gravity of the leaking oil source from traces of the heavier C6-C22.

 

Project Area

These promising surface results confirm potential sources outlined in U.S. Geological Survey (“USGS”) Wind River Basin studies. The Northern portion of the prospect area of the Company’s acreage is located within the area surveyed by the USGS in 2018 for petroleum assessment and determined that there were an estimated 528 million barrels of oil, 2 trillion cubic feet of gas and 40 million barrels of natural gas liquids of undiscovered resources of the Niobrara Interval of the Cody Shale of the Wind River Basin Province, Wyoming.

 

The USGS in 2020 quantitatively assessed the potential for undiscovered, technically recoverable, continuous (unconventional) oil and gas resources in the Cretaceous Mowry shale in the Wind River Basin Province, Wyoming. This estimated undiscovered, technically recoverable mean resources of 288 million barrels of oil and 2.6 trillion cubic feet of gas in the Mowry Shale adding to the resource potential in the Wind River Basin Province, Wyoming. Historical good production occurs in adjacent fields from Frontier stacked sands, which are sandwiched between these 2 high resource source rocks.

 

Wind River Basin Beaver Creek East Prospect

The Company is developing a 16,387-acre multi-stacked pay project in Fremont County, Wyoming, which is highly prospective for oil and natural gas. A third-party engineering report of the Company’s interest in the 16,387 acres located in the Wind River Basin, Wyoming, known as the Beaver Creek East Project, indicates Prospective Resources of approximately 21 million barrels of undiscovered oil, with a PV-10 value of $372 million (after risk), from vertical wells. It should also be noted that potential undiscovered resources of the Niobrara Interval of the Cody Shale and Mowry Shale of the Wind River Basin Province estimated by the USGS in their 2018 & 2020 petroleum assessment have not been included in the above prospective resources economic summary.

 

Foothills’ acreage is located in a large undrilled area along the eastern flank of a deeper sub basin in the Wind River Basin proper, where a deep structural deposit called the Beaver Creek field has produced approximately 73.3 million barrels of oil and 934,781,606 MCF of gas. The Big Sand Draw field, updip to the south, has produced 62.0 million barrels of oil and 256,678,537 MCF of gas from multi-pay horizons. These are generally in the Frontier, Muddy, Dakota, Lakota, Morrison, Phosphoria, Tensleep and Madison formations.

 

Corporate Update

On October 27, 2021, the Company filed its quarterly report for the period ending September 30, 2021, two- and one-half weeks ahead of the OTC Markets deadline for timely submission. The Company remains committed to completing the necessary steps to up-list to the OTC.QB and continues to work through the auditing process.

 

Management is currently working with counsel to complete the definitive agreements required to close on its recently announced Illinois basin acquisitions. The Company has made the required deposits for the well acquisitions and has also funded the rework program for the Sears-Houser #4 well, work for which is also currently underway.

 

“I am excited at management’s ability to execute on all fronts and our ability to achieve targets and objectives,” said Sylla. “The Company also continues to aggressively pursue several other potential opportunities to build value in the long-term,” continued Sylla.

 

About Foothills Exploration, Inc.

Foothills Exploration, Inc. (“FTXP” or the “Company”), is an oil and gas exploration and development company focused on delivering the energy needs of today and tomorrow. The Company’s strategy is to build a balanced portfolio of assets through two core initiatives. The first initiative is to generate high-impact oil and gas exploration projects. The second is to invest in hydrogen and geothermal projects for a low carbon future through its New Energy Ventures division by identifying areas where the Company can contribute to a viable, realistic, and balanced future energy mix. For additional information please visit the Company’s website at www.foothillspetro.com.

 

Forward-Looking Statements

All statements, other than statements of historical facts, included in this release that address activities, events or developments that we expect, believe or anticipate will or may occur in the future are forward-looking statements. These statements are based on certain assumptions we made based on management's experience, perception of historical trends and technical analyses, current conditions, capital plans, drilling plans, production expectations, our ability to raise adequate additional capital, or enter into other financing arrangements to support our acquisition, development and drilling activities, anticipated future developments, and other factors believed to be appropriate and reasonable by management. When used in this release, words such as "will," “possible,” "potential," "believe," "estimate," "intend," "expect," "may," "should," "anticipate," "could," "plan," "predict," "project," "profile," "model," "strategy," "future" or their negatives or the statements that include these words or other words that convey the uncertainty of future events or outcomes, are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. In particular, statements, express or implied, concerning our future operating results and returns or our ability to acquire or develop proven or probable reserves, our ability to replace or increase reserves, increase production, or generate income or cash flows are forward-looking statements.

 

Forward-looking statements are not guarantees of performance. Such statements are subject to a number of assumptions, risks and uncertainties, many of which are beyond our control. While forward-looking statements are based on assumptions and analyses made by us that we believe to be reasonable under the circumstances, whether actual results and developments will meet our expectations and predictions depend on a number of risks and uncertainties which could cause our actual results, performance, and financial condition to differ materially from our expectations. As a result, no assurance can be given that these assumptions are accurate or that any of these expectations will be achieved (in full or at all) or will prove to have been correct. We have had sporadic and limited revenue and our securities are subject to considerable risk. Investors are cautioned to review FTXP’s filings with the OTC Markets for a discussion of risk and other factors that affect our business. Any forward-looking statement made by us in this news release speaks only as of the date on which it is made. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. We undertake no obligation to publicly update any forward-looking statement, whether as a result of new information, future development or otherwise, except as may be required by law. The Company intends that all forward-looking statements be subject to the safe-harbor provisions of the Private Securities Litigation Reform Act of 1995.

 

Investor Contact

Christopher Jarvis

EVP of Finance

(800) 204-5510

ir@foothillspetro.com

 

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