#Gold #Stock to Watch - Calibre (TSX: $CXB.TO) (OTCQX: $CXBMF) High-grade Gold Discovery - Drilling Intersects 52.59 G/t Gold Over 3.8 Metres And 26.02 G/t Gold Over 8.1 Metres; @CalibreMiningCo

#Gold #Stock to Watch - Calibre (TSX: $CXB.TO) (OTCQX: $CXBMF) High-grade Gold Discovery - Drilling Intersects 52.59 G/t Gold Over 3.8 Metres And 26.02 G/t Gold Over 8.1 Metres; @CalibreMiningCo

 

Vancouver, B.C. – September 8, 2022:  (Investorideas.com Newswire) Calibre Mining Corp. (TSX: CXB) (OTCQX: CXBMF) (the "Company" or "Calibre") is pleased to report additional high-grade drill results from its Panteon North zone within the Limon Mine Complex, part of the Company’s 85,000 metre resource expansion and discovery drilling program.  High-grade mineralization now extends across a strike length of nearly 400 metres with consistent, plus 15 gram per tonne drill intercepts over broad, minable widths. Given a recent VTEM survey click here for details, which has identified two, parallel five km potential mineralized corridors, the strong correlation to the high/low resistivity contact demonstrated in the recent drilling and historical mining zones Calibre has four rigs testing along strike and down plunge expansion potential.

 

Read this news, featuring CXB in full at https://www.investorideas.com/news/2022/mining/09082Calibre-Gold-Discovery.asp

 

Additional High Grade Drill Result Highlights from Panteon North

·        52.59 g/t Au over 3.8 metres Estimated True Width (“ETW”), including 94.70 g/t Au over 1.1 metres; and 10.28 g/t Au over 2.1 metres ETW, including 16.50 g/t Au over 1.7 metres in Hole LIM-22-4662;

·        43.09 g/t Au over 3.3 metres ETW, including 155.10 g/t Au over 0.9 metres in Hole LIM-22-4647;

·        35.18 g/t Au over 2.8 metres ETW, including 58.00 g/t Au over 1.5 metres in Hole LIM-22-4653;

·        26.02 g/t Au over 8.1 metres ETW, including 41.30 g/t Au over 4.6 metres in Hole LIM-22-4665; 

·        18.49 g/t Au over 1.1 metres ETW, including 49.30 g/t Au over 0.4 metres in Hole LIM-22-4654;

·        13.14 g/t Au over 3.1 metres ETW, including 49.10 g/t Au over 0.4 metres in Hole LIM-22-4651.

 

Tom Gallo, Senior Vice President, Growth at Calibre, stated: “This is a paradigm shifting discovery for us with consistent high-grade mineralization demonstrated over considerable strike length coupled with VTEM giving strong indications there is potential to expand and discover additional zones. Drilling is underway to extend this mineralized zone to depth with visual indicators having shown positive signs. Given the grade, we expect a substantial, positive impact made to our mineral resource statement.”

 

Darren Hall, President and Chief Executive Officer of Calibre, stated: “The discovery of bonanza grade at Panteon North was first announced (May 16, 2022 see news release here)(then June 27, 2022 see news) and we have subsequently expanded the zone. Drilling continues to intercept consistent, extremely high-grade gold mineralization across approximately 400 metres of strike. The deepest results to date are situated only 250 metres from surface with new drill intercepts pending assays as deep as 450 metres from surface. These drill results, in combination with the successful VTEM campaign, reinforce our grade driven production growth as the high-grade Panteon North discovery is not included in our recent multi-year production outlook (see news release dated June 22, 2022).”

 

Additional high-grade results announced since discovery in May of this year include;

·        66.03 g/t Au over 5.6 metres Estimated True Width (“ETW”), including 167.27 g/t Au over 2.3 metres and 14.95 g/t Au over 1.9 metres ETW in Hole LIM-22-4630;

·        30.33 g/t Au over 5.0 metres ETW, including 40.62 g/t Au over 3.8 metres in Hole LIM-22-4628;

·        22.55 g/t Au over 4.9 metres ETW, including 68.51 g/t Au over 1.7 metres in Hole LIM-22-4632;

·        17.58 g/t Au over 2.4 metres ETW, including 28.67 g/t Au over 1.9 metres in Hole LIM-22-4627;

·        17.80 g/t Au over 7.3 metres ("ETW"), including 6.69 g/t Au over 1.9 metres, 26.37 g/t Au over 2.8 metres and 16.84 g/t over 3.2 metres in Hole LIM-22-4619;

·        4.66 g/t Au over 1.7 metres ETW, including 8.20 g/t Au over 0.8 metres in Hole LIM-22-4637

·        9.72 g/t Au over 3.9 metres ETW, including 27.80 g/t Au over 1.4 metres in Hole LIM-22-4616;

·        8.84 g/t Au over 1.1 metres ETW, including 20.30 g/t over 0.6 metres in Hole LIM-22-4620;

·        12.75 g/t Au over 2.4 metres ETW, including 33.70 g/t Au over 1.0 metres in Hole LIM-22-4622; and

·        9.38 g/t Au over 2.7 metres, including 34.50 g/t Au over 0.6 metres in Hole LIM-22-4625.

 

For full drill results see details in the June 27, 2022 news release here and May 16, 2022 news release here.

 

The Panton North discovery is located approximately one kilometre northwest of the high-grade producing Panteon underground mine and approximately three kilometres from the Limon mill site. Panteon North is a new discovery with no resource and reserve classified, the zone remains open down plunge and open to the northwest and potentially beyond to the northeast as outlined along the VTEM resistivity contact which extends for another three kilometres.

 

Link 1 – Figures

Link 2 – Drilling Tables

 

Quality Assurance/Quality Control

Calibre maintains a Quality Assurance/Quality Control ("QA/QC") program for all its exploration projects using industry best practices. Key elements of the QA/QC program include verifiable chain of custody for samples, regular insertion of certified reference standards and blanks, and duplicate check assays. Drill core is halved and shipped in sealed bags to Bureau Veritas in Managua, Nicaragua, an independent analytical services provider with global certifications for Quality Management Systems ISO 9001:2008, Environmental Management: ISO14001 and Safety Management OH SAS 18001 and AS4801. Prior to analysis, samples are prepared at Veritas' Managua facility and then shipped to its analytical facility in Vancouver, Canada. Gold analyses are routinely performed via fire assay/AA finish methods. For greater precision of high-grade material, samples assaying 10 g/t Au or higher are re-assayed by fire assay with gravimetric finish. Analyses for silver and other elements of interest are performed via Induction Coupled Plasma (ICP)

 

Estimated True Widths for reported vein intercepts are based on 3D models of the individual veins. Estimates are determined in cross-section by measuring the modelled vein thickness perpendicular to the vein margins and through the midpoint of the drill hole intercept. Percentage based differences between individual ETW’s and down-hole interval lengths will vary between drill holes depending on drill hole inclination, variations in vein strike and dip, and overall geometries of the different vein systems.

Qualified Person

The scientific and technical information contained in this news release was approved by David Schonfeldt P.GEO, Calibre Mining’s Corporate Chief Geologist and a "Qualified Person" under National Instrument 43-101.

 

ON BEHALF OF THE BOARD

"Darren Hall"

Darren Hall, President and Chief Executive Officer

 

For further information, please contact:

Ryan King
Senior Vice President, Corporate Development & IR
T: (604) 628-1012
E: calibre@calibremining.com

W: www.calibremining.com

 

About Calibre Mining Corp.

Calibre Mining is a Canadian-listed, Americas focused, growing mid-tier gold producer with a strong pipeline of development and exploration opportunities across Nevada and Washington in the USA, and Nicaragua. Calibre is focused on delivering sustainable value for shareholders, local communities and all stakeholders through responsible operations and a disciplined approach to growth. With a strong balance sheet, no debt, a proven management team, strong operating cash flow, accretive development projects and district-scale exploration opportunities Calibre will unlock significant value.

 

Cautionary Note Regarding Forward Looking Information

This news release includes certain "forward-looking information" and "forward-looking statements" (collectively "forward-looking statements") within the meaning of applicable Canadian securities legislation. All statements in this news release that address events or developments that we expect to occur in the future are forward-looking statements. Forward-looking statements are statements that are not historical facts and are identified by words such as "expect", "plan", "anticipate", "project", "target", "potential", "schedule", "forecast", "budget", "estimate", "intend" or "believe" and similar expressions or their negative connotations, or that events or conditions "will", "would", "may", "could", "should" or "might" occur. Forward-looking statements in this news release include, but are not limited to: the 'Company's expectations toward higher grades mined and processed going forward; statements relating to the 'Company's 2022 priority resource expansion opportunities; the 'Company's metal price and cut-off grade assumptions; the 'Company's plans for the Pan Mine for 2022, including production and exploration and its contribution to production growth. Forward-looking statements necessarily involve assumptions, risks and uncertainties, certain of which are beyond Calibre's control. For a listing of risk factors applicable to the Company, please refer to Calibre's annual information form ("AIF") for the year ended December 31, 2021, and its management discussion and analysis ("MD&A") for the year ended December 31, 2021, all available on the 'Company's SEDAR profile at www.sedar.com. This list is not exhaustive of the factors that may affect Calibre's forward-looking statements.

 

Calibre's forward-looking statements are based on the applicable assumptions and factors management considers reasonable as of the date hereof, based on the information available to management at such time. Such assumptions include but are not limited to: the Company being able to mine and process higher grades and keep production costs relatively flat going forward; there not being an increase in production costs as a result of any supply chain issues or ongoing COVID-19 restrictions; there being no adverse drop in metal price or cut-off grade at the 'Company's Nevada properties. Calibre does not assume any obligation to update forward-looking statements if circumstances or management's beliefs, expectations or opinions should change other than as required by applicable securities laws. There can be no assurance that forward-looking statements will prove to be accurate, and actual results, performance or achievements could differ materially from those expressed in, or implied by, these forward-looking statements. Accordingly, undue reliance should not be placed on forward-looking statements. 

 

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. Calibre Mining 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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#PlantBased #Stock News -Endexx (OTCQB: $EDXC) Expands Distribution and Revenue Through Acquisition in Non-Nicotine #Vape Producer Hyla

#PlantBased #Stock News -Endexx (OTCQB: $EDXC) Expands Distribution and Revenue Through Acquisition in Non-Nicotine #Vape Producer Hyla

 

Hyla Maintains International Distribution in 10 Countries, Including at Internationally Renowned UK Department Store, Harrods

 

CAVE CREEK, Ariz., September 8,  2022 – ( Investorideas.com Newswire)  Endexx Corporation (OTCBB:EDXC), a provider of innovative, plant-based, and sustainable health and skincare products, today announces the acquisition of a controlling interest in Hyla US Holdco Limited, a producer and distributor of organic, plant-based, all-natural, zero-nicotine vape products.

 

Read this news, featuring EDXC in full at https://www.investorideas.com/news/2022/lohas/09082EDXC-Hyla.asp

 

Endexx Acquires Hyla

 

 

The acquisition provides two key benefits to Endexx in the near term:

 

an expanded international distribution network in 10 countries - Dubai, Saudi Arabia, the United Kingdom, the Czech Republic, Slovakia, Germany, France, the Kingdom of Bahrain, Egypt, and Switzerland, which Endexx expects will provide further leverage for sales of its men’s skin care line, Blesswell, as well as its CBD products designed for pain under its CBD Unlimited brand; and a significant increase in Endexx’s consolidated revenues, based on Hyla’s distribution and sales to date of its non-nicotine, vegan vape products.

 

“This acquisition is an important opportunity for Endexx, as the ability to expand the distribution for our CBD and non-CBD Blesswell men’s skin care products is a significant benefit. We have already achieved substantial success in the U.S. through our retail distribution in Walgreens, Target, and CVS and, as announced yesterday, Amazon. International distribution in Europe and the Middle East, with the potential of future distribution in Latin America and Asia, holds great promise,” commented Endexx CEO Todd Davis.

 

Hyla currently markets its proprietary non-nicotine, guarana and L-dopa-based vape products in a wide variety of flavors. The Hyla device is the first non-nicotine vape product to be produced in this manner in the United States and provides an unprecedented 4,500 puffs per device. Introduced in October 2021, Hyla’s initial inventory of 140,000 devices was sold out within the first month of availability. The Hyla vape products bear the Underwriters Laboratories global safety certification and is CE approved.

 

“Because Hyla’s products do not contain any nicotine, and utilize the well-known plant, guarana, and other botanicals, we believe that Hyla’s products may create a brand new vape market in the United States that avoids the issues associated with nicotine-based products,” continued Mr. Davis. “We look forward to providing product and distribution updates in the near future.”

 

For additional information regarding the Hyla control acquisition, please refer to Endexx’s Current Report on Form 8-K, which was filed with the United States Securities and Exchange Commission yesterday.

 

About Endexx Corporation

Endexx Corporation develops and distributes all natural, plant-derived topical skincare products. Its products vary from balms, creams, lotions, butters, masks, scrubs, and oils, all with the shared purpose of healthy skin and grooming wellness. The science behind these products involves a decade of clinical research in the field and lab work to provide functional formulation with ingredients for optimal absorption and support of skin health.

 

Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995

We caution that any forward-looking statements (as such term is defined in the U.S. Private Securities Litigation Reform Act of 1995) contained in this press release or made by us, our management, or our spokespeople involve risks and uncertainties and are subject to change based on various factors, many of which are beyond our control. Accordingly, our future performance and financial results may differ materially from those expressed or implied in any such forward-looking statements. Forward-looking statements include, without limitation, statements regarding our future operating results, the implementation and impact of our strategic plans, and our ability to meet environmental, social, and governance goals. Words such as “estimate,” “commit,” “target,” “goal,” “project,” “plan,” “believe,” “seek,” “strive,” “expect,” “anticipate,” “intend,” “potential” and any similar expressions may identify forward-looking statements. Risks associated with the following factors, among others, could affect our financial performance and cause actual results to differ materially from those expressed or implied in any forward-looking statements:

 

Except as may be required by law, we assume no obligation and do not intend to make publicly available any update or other revisions to any of the forward-looking statements contained in this press release to reflect circumstances existing after the date of this press release or to reflect the occurrence of future events, even if experience or future events make it clear that any expected results expressed or implied by those forward-looking statements will not be realized. More information on potential factors that could affect our results is included “Risk Factors” in our Annual Report on Form 10-K filed with the Securities and Exchange Commission on March 31, 2022.

 

For further information, please contact:

Endexx Corporation

Endexx@endexx.com

480-595-6900

 

Investors:

Scott Arnold

CORE IR

scotta@coreir.com

 

Media:

Jules Abraham

CORE IR

julesa@coreir.com

917-885-7378 

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#RareEarth Elements and #GreenTechnology (TSX: $DEFN.V) (OTCQB: $DFMTF) (OTC: $LYSCF) (NASDAQ:$AREC) (OTCQB: $TMRC) (TSX: $NB.TO) (OTCQX: $NIOBF) @DefenseMetals @TexasMineralRes @LynasRareEarths @NioCorp @Amerresources

#RareEarth Elements and #GreenTechnology (TSX: $DEFN.V) (OTCQB: $DFMTF) (OTC: $LYSCF) (NASDAQ:$AREC) (OTCQB: $TMRC) (TSX: $NB.TO) (OTCQX: $NIOBF) @DefenseMetals @TexasMineralRes @LynasRareEarths @NioCorp @Amerresources

 

Our #GreenEnergy #Technology Future is in Its #Mining

 

Vancouver, Kelowna, Delta, BC –September 8, 2022 - Investorideas.com, a leading investor news resource covering mining and rare earth element stocks releases a special report on the rare earth elements market and the global demand for green energy technology including  defense, electronics and batteries, featuring Defense Metals Corp. (TSX-V: DEFN) (OTCQB: DFMTF).

 

Read this article, featuring DEFN in full at https://www.investorideas.com/news/2022/mining/09081REE-Green-Stocks.asp

 

As per The Business Research Company's "Rare Earth Metals Global Market Report 2022”, the rare earth metals market size is expected to grow from $5.72 billion in 2021 to $6.53 billion in 2022 at a compound annual growth rate (CAGR) of 14.1%. The global rare earth metal market share is expected to grow to $9.65 billion in 2026 at a CAGR of 10.3%. According to the rare earth metals market analysis, an increase in the demand for electronics is expected to serve as a major driver of the market in the forecast period.

 

Defense Metals Corp. (TSX-V:DEFN) (OTCQB:DFMTF) is a mineral exploration and development company focused on the acquisition, exploration and development 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 recently announced that it has entered into a Mineral Exploration Agreement with the McLeod Lake Indian Band regarding its Wicheeda Rare Earth Element exploration project located 80 kilometres northeast of Prince George, Canada.

 

The Agreement addresses the immediate interests of the parties with respect to mineral exploration activities related to the project, and puts into place a framework for communication and cooperation going forward. In addition to providing McLeod Lake Indian Band with meaningful input into how these activities are to proceed, the Agreement provides current economic opportunities for the community and establishes a roadmap for potential future commercial involvement as the exploration activities advance.

 

“We are delighted to have the McLeod Lake Indian Band engaged with Defense Metals and the opportunities presented by the Wicheeda exploration project,” said Craig Taylor, CEO of Defense. “We look forward to building a long-term and mutually beneficial relationship with the McLeod Lake Indian Band through the implementation of this initial agreement.”

 

“McLeod Lake Indian Band has always been open to working with companies that respect our rights, laws and interests in the protection of our lands, and that provide meaningful economic and commercial opportunities for our community,” said Chief Harley Chingee. "We are therefore pleased to have completed this initial agreement with Defense Metals, and look forward to its successful implementation." 

 

The Wicheeda REE Project yielded a robust 2021 PEA that demonstrated an after-tax net present value (NPV@8%) of $517 million, and 18% IRR1. A unique advantage of the Wicheeda REE Project is the production of a saleable high-grade flotation-concentrate. The PEA contemplates a 1.8 Mtpa (million tonnes per year) mill throughput open pit mining operation with 1.75:1 (waste:mill feed) strip ratio over a 19 year mine (project) life producing and average of 25,423 tonnes REO annually. A Phase 1 initial pit strip ratio of 0.63:1 (waste:mill feed) would yield rapid access to higher grade surface mineralization in year 1 and payback of $440 million initial capital within 5 years.

 

Earlier in June, Texas Mineral Resources Corp. (OTCQB: TMRC) an exploration company currently targeting the heavy rare earths, technology metals and a variety of industrial minerals primarily through its 20% ownership interest in the Round Top Mountain project in Texas, reported that its joint venture partner USA Rare Earth Inc. announced its procurement and development of the first fully integrated US-based rare earth metal and sintered neo-magnet manufacturing facility, located in Stillwater, Oklahoma.

 

USA Rare Earth plans to invest more than $100 million in developing the manufacturing facility and will utilize its owned facilities and technology to convert rare earth oxides into metals, magnets and other specialty materials. These products have numerous applications, including electric vehicles, wind turbines, mobile electronic devices and military hardware. Initial production at the facility in Stillwater is expected to commence in 2023, with the project aiming to create more than 100 new jobs and generate over $6.6 million in wages once fully operational.

 

In 2020, USA Rare Earth acquired the only sintered neo-magnet manufacturing equipment in the western hemisphere. The company plans to have the necessary operating permits for all metal, flake, and magnet operations in 2022 with initial production to commence in 2023.

 

Texas Mineral Resources Corp.'s primary focus is to develop and commercialize, along with its joint venture operating partner USA Rare Earth LLC, the Round Top heavy-rare earth, technology metals, and industrial minerals project located in Hudspeth County, Texas, 85 miles southeast of El Paso, in which TMRC owns a 20% interest and USA Rare Earth owns an 80% interest. Additionally, the Company plans on developing other domestic mining projects in more traditional metals. 

 

Lynas Rare Earths (OTC:LYSCF) (ASX:LYC) was established as an ethical and environmentally responsible producer of rare earth materials and is the world’s only significant producer of separated rare earth materials outside of China.

 

The Lynas Mt. Weld mine in Western Australia is acknowledged as one of the world’s premier rare earths deposits.

 

The Company just announced the signing of agreements with Japan Australia Rare Earths B.V.) which reconfirm our shared commitment to work together on future development opportunities.

 

JARE is a special purpose company established by Japan Oil, Gas and Metals National

Corporation and Sojitz Corporation. Lynas and JARE are parties to a long term senior

loan facility, with a principal balance of US$141 million, an interest rate of 2.5% p.a. and

a maturity date of 30 June 2030.

 

Under the agreements, JARE will provide a contribution of US$9 million to the exploration program at Mt Weld on the exploration target in the fresh carbonatite below the current Mt Weld life of mine design and ore reserve (announced on 1 March 2022). JARE’s contribution will be made through a US$9 million subscription for ordinary shares in Lynas at a subscription price which will be the higher of the 5-day volume-weighted average price (VWAP) in the period immediately following this announcement and the last traded price immediately prior to this announcement.

Lynas’ rare earth materials are used in many high tech and future facing applications, including electronics, wind turbines and hybrid & electric vehicles.

 

NioCorp Developments Ltd. (TSX: NB) ( OTCQX: NIOBF), another player in the sector announced this week  that its demonstration-scale processing plant in Quebec, Canada is now processing ore samples from the Company's Elk Creek Critical Minerals Project.  The demonstration plant project is intended to demonstrate that the Company can extract and separate rare earth elements from ore that NioCorp expects to mine from the Project site, subject to receipt of necessary project financing, and that its simplified process for potentially producing niobium, scandium, and titanium is technically and economically feasible.

 

NioCorp is developing a critical minerals project in Southeast Nebraska that will produce niobium, scandium, and titanium.  The Company also is evaluating the potential to produce several rare earths from the Project.

 

Discussing their applications the company says, “Niobium is used to produce specialty alloys as well as High Strength, Low Alloy ("HSLA") steel, which is a lighter, stronger steel used in automotive, structural, and pipeline applications. Scandium is a specialty metal that can be combined with Aluminum to make alloys with increased strength and improved corrosion resistance. Scandium is also a critical component of advanced solid oxide fuel cells. Titanium is used in various lightweight alloys and is a key component of pigments used in paper, paint and plastics and is also used for aerospace applications, armor, and medical implants.  Magnetic rare earths, such as neodymium, praseodymium, terbium, and dysprosium are critical to the making of Neodymium-Iron-Boron ("NdFeB") magnets, which are used across a wide variety of defense and civilian applications.”

 

American Resources Corporation (NASDAQ:AREC), a next generation and socially responsible supplier of rare earth and critical elements, carbon and advanced carbon materials to the new infrastructure and electrification marketplace, reported at the end of August that it has sold its exclusive patent rights in carbon nanostructure and graphene technology to Novusterra Inc. for $16 million paid in all Class A common Novusterra shares.

 

From the news: Mark Jensen, Chief Executive Officer of American Resources Corporation commented, "We believe this transaction with Novusterra will enable us to unlock the value of these technologies for American Resources' shareholders as well as establish a platform and team for growing the business opportunity and maximizing the value of the technologies themselves. Graphene is one of the most exciting technologies in the market today given its wide array of applications in high-value products such as batteries and sustainable infrastructure materials.”

 

With a combination of media hype and consumer and investor demand for a more green-friendly technologically dependent economic environment, the rare earth elements sector is poised for exponential growth.

 

As we see more rare earth mining development announcements, and as these companies begin to reach profitability, we are also seeing investor sentiment gain long-term resilience as this market transitions from a hypothetical state into reality in our modern lives. If we want technology to advance hand-in-hand with a green future, the rare earth elements sector will play an integral role.  

 

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