Friday, August 18, 2023

Breaking #AI #Stock News: GBT Technologies Inc. (OTC PINK: $GTCH) and GBT Tokenize Corp. Provide IP Portfolio Segmental Update; @gbtt_inc #artificialintelligence



Breaking #AI #Stock News: GBT Technologies Inc. (OTC PINK: $GTCH) and GBT Tokenize Corp. Provide IP Portfolio Segmental Update; @gbtt_inc  #artificialintelligence

 

(I)                        GBT is requesting a continued examination of its Integrated Circuit’s Geometrical Design Rule Automatic Correction patent

 

GBT has been granted a notice of allowance for the patent and is currently taking steps to bolster its validity by exploring additional prior art

 

(II)              GBT received a notice of publication for its CIP 3D, Multiplanar Photonic microchips patent application

 

The CIP (Continuation in Part) patent application protects Photonic-based, 3D, multi-Planar design architecture and manufacturing technologies for integrated circuits.

 

(III)            GBT received a notice of allowance for its predictive technology for designing and manufacturing three-dimensional, multi-planar semiconductors patent.

 

The invention protects a system that predicts and matches the best 3D, MP shape for an integrated circuit manufacturing process

 

SAN DIEGO, CA, August 18, 2023 -- (Investorideas.com Newswire) GBT Technologies Inc. (OTC PINK: GTCH) ("GBT” or the “Company”), together with GBT Tokenize Corp., its 50% subsidiary and owner of GBT’s intellectual property portfolio, provides a segmental intellectual property portfolio update as related to its patents filed to date.

 

Read this news, featuring GTCH in full at https://www.investorideas.com/CO/GOPH/news/2023/08181IP-Portfolio-Segmental-Update.asp

 

The following update represents a status report with respect to three different applications with the United States Patent and Trademark Office (“USPTO”):

 

(I)                 GBT has decided to request a further examination of its integrated circuits (IC) geometrical design rule automatic correction system and method patent, known internally as Omega. This request is being made with the goal of enhancing the patent's validity and considering additional prior art to strengthen its coverage. Although the patent has already received a notice of allowance, GBT is interested in further protecting its intellectual property (IP) rights by overcoming any potential prior art and securing important claims. The patent describes an innovative technology for automatically correcting geometrical design rule violations within the layout of an integrated circuit. This process, known as IC layout design rule correction, involves identifying and correcting geometrical violations to comply with the manufacturing process design rules. The Omega invention offers a system and methods for automatic correction of IC's layout without any manual intervention, while maintaining its electrical connectivity and complying with design for manufacturing and reliability verification constraints. In nanometer nodes of 5nm and below, a manual design rule correction can take a significant amount of time, increasing the overall project's design time, particularly for Analog, RF and mixed (combined analog and digital circuitry) type designs. The Omega invention protects a technology that can perform automatic correction within minutes using Artificial Intelligence algorithms. The design rule correction system identifies violations, understands their nature, location, and implications, and automatically corrects them while keeping all other electrical and geometrical constraints intact.  The technology uses machine learning to automatically correct mistakes. It identifies the errors and then comes up with strategies to fix them. This can include adjusting the layout, resizing or repositioning components, or making other changes. The patent describes a feature that can correct errors throughout the microchip's sub-blocks, taking into account electrical and manufacturing considerations. As IC design rules have become more complex in recent years, especially in small scale nanometer nodes of 7nm and below, it has become difficult to keep up with timelines, meet release schedules, and achieve desired semiconductor costs. This invention solves this problem by automating the process of correcting design rule violations, resulting in better quality and faster microchips with higher silicon yield. The goal is for the overall project cycle time to be reduced with the associated higher performance and quality microchips. The Omega invention seeks to offer a solution for IC layout design rule verification process, saving time and resources for designers and manufacturers. GBT plans to continue researching and developing innovative advancements in this field.

 

(II)                Photonic, 3D, multi-Planar, integrated circuits (PIC) design and manufacturing architecture, continuation-in-part (CIP) patent application, received a notice of publication. The application’s serial number is 18109291 and the original filing date was February 14, 2023. The publication number is US-2023-0207711-A1 and the publishing date is June 29, 2023. The CIP patent application covers photonic microchip technology, added to GBT’s 3D, MP microchip design and manufacturing existing invention. A photonic integrated circuit (PIC), is a device that combines both electronic and photonic components on a small scale. It is designed to process and manipulate light signals instead of electrical signals, enabling faster data transfer and processing compared to traditional electronic microchips. It contains photonic components, which are components that work with light (photons). In a Photonic microchips photons (particles of light) are used to carry and process information. These microchips typically use optical waveguides which are equivalent to electrical wires. Such waveguides are made of silicon or other semiconductor materials, to guide and control the flow of light within the chip, similarly to electrical wire. The integration of photonics on a microchip enables a wide range of high-speed applications, including optical communications, data transmission, optical computing, and sensing. Photonic microchips can be used in high-speed data centers, telecommunications networks, and other areas where rapid and efficient data processing is crucial. Photonic microchips offer robust advantages based on the properties of light, such as high bandwidth, low latency, low power consumption and resistance to electromagnetic interference. These properties make them promising candidates for addressing the increasing demands of data-intensive applications and overcoming the limitations of traditional electronic microchips. GBT’s granted 3D, MP patent technology describes a traditional multi-planar technology to design and manufacture ICs with higher performance and less energy/heat loss, in various applications such as microprocessors, controllers, GPUs, memories and more. Additionally, these chips could theoretically increase the traffic speed and bandwidth of data centers, reduce power consumption/heat, lower cost, and ultimately help create a “greener world”. GBT’s CIP patent application seeks to add Photonic Technology to the next generation of high performance, bandwidth, and efficiency of PICs, making them a vital part of the high-speed technology of the future. The patent also protects 3D, MP hybrid technology, combining photonics and conventional circuits, offering advantages of photonic circuits working together with conventional ones in a 3D multiplanar structure. GBT plans to continue its research in the evolving photonic ICs domain, developing further pioneering advancements and new concepts.

(III)              GBT received a notice of allowance for its predictive, three-dimensional, multi-planar shape semiconductor technology patent. GBT's predictive technology patent aims to design and manufacture three-dimensional, multi-planar semiconductors. It uses artificial intelligence (AI) to predict the best 3D, multi-planar shape for an integrated circuit (IC) manufacturing process. The described system considers various factors, including geometrical design rules, electrical specifications, reliability constraints, and DFM (Design for Manufacturing) guidelines. The system then generates a family of possible shapes, simulates all of them, and matches the optimal 3D, multi-planar shape according to best ranking. The patent's technology alleviates the disadvantages and problems of known semiconductor and IC fabrication systems and methods. It can help to improve silicon yield, performance, power consumption, and Electro-Thermal dissipation. The invention's technology is also designed to work with GBT's patented 3D, multi-planar semiconductor architecture IP. The patent application for GBT's predictive technology was filed in January 2023. The Company plans to expand its 3D, multi-planar semiconductor architecture IP next year and file additional patent applications in this domain.

 

There is no guarantee that the Company will be successful in researching, developing or implementing this system.  In order to successfully implement this concept, the Company will need to raise adequate capital to support its research and, if successfully researched, developed and granted regulatory approval, the Company would need to enter into a strategic relationship with a third party that has experience in manufacturing, selling and distributing this product.  There is no guarantee that the Company will be successful in any or all of these critical steps. 

 

About Us

GBT Technologies, Inc. (OTC PINK: GTCH) (“GBT”) (http://gbtti.com) is a development stage company which considers itself a native of Internet of Things (IoT), Artificial Intelligence (AI) and Enabled Mobile Technology Platforms used to increase IC performance. GBT has assembled a team with extensive technology expertise and is building an intellectual property portfolio consisting of many patents. GBT’s mission, to license the technology and IP to synergetic partners in the areas of hardware and software. Once commercialized, it is GBT’s goal to have a suite of products including smart microchips, AI, encryption, Blockchain, IC design, mobile security applications, database management protocols, with tracking and supporting cloud software (without the need for GPS). GBT envisions this system as a creation of a global mesh network using advanced nodes and super performing new generation IC technology. The core of the system will be its advanced microchip technology; technology that can be installed in any mobile or fixed device worldwide. GBT’s vision is to produce this system as a low cost, secure, private-mesh-network between all enabled devices. Thus, providing shared processing, advanced mobile database management and sharing while using these enhanced mobile features as an alternative to traditional carrier services.


Forward-Looking Statements

Certain statements contained in this press release may constitute "forward-looking statements".  Forward-looking statements provide current expectations of future events based on certain assumptions and include any statement that does not directly relate to any historical or current fact. Actual results may differ materially from those indicated by such forward-looking statements because of various important factors as disclosed in our filings with the Securities and Exchange Commission located at their website ( http://www.sec.gov).  In addition to these factors, actual future performance, outcomes, and results may differ materially because of more general factors including (without limitation) general industry and market conditions and growth rates, economic conditions, governmental and public policy changes, the Company’s ability to raise capital on acceptable terms, if at all, the Company’s successful development of its products and the integration into its existing products and the commercial acceptance of the Company’s products.  The forward-looking statements included in this press release represent the Company's views as of the date of this press release and these views could change.  However, while the Company may elect to update these forward-looking statements at some point in the future, the Company specifically disclaims any obligation to do so.  These forward-looking statements should not be relied upon as representing the Company's views as of any date subsequent to the date of the press release.

 

Contact:

Dr. Danny Rittman, CTO
info@gbtti.com

 

GBT Technologies Inc. (OTCQB:GTCH) is a featured tech stock on Investorideas.com

 

More info on GTCH at Investorideas.com Visit: https://www.investorideas.com/CO/GOPH/

 

Get News Alerts on GBT Technologies Inc GTCH

 

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Thursday, August 17, 2023

#CryptoCorner #Podcast: #Cryptocurrency #Stocks in the News: (NasdaqGS: $PYPL) (NasdaqGS: $COIN) (NasdaqCM: $BTBT)

 



 

 

#CryptoCorner #Podcast: #Cryptocurrency #Stocks in the News: (NasdaqGS: $PYPL) (NasdaqGS: $COIN) (NasdaqCM: $BTBT)

 

PayPal Pauses #UK #CryptoPurchases, Coinbase Gets Approval for #CryptoFutures #Trading, and Bit Digital Reports Q2 Results

 

Vancouver, Kelowna, Delta, BC August 17, 2023 -  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.

 

Today’s podcast is sponsored by Fintech Company AppTech Payments Corp. (NasdaqCM:APCX).

 

Listen to today’s Crypto Corner Podcast:  

https://www.investorideas.com/Audio/Podcasts/2023/081723-CryptoMarket.mp3

 

Read this in full at  https://www.investorideas.com/news/2023/crypto-corner/08171PYPL-COIN-BTBT.asp

 

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Stocks discussed: (NasdaqGS:PYPL) (NasdaqGS:COIN) (NasdaqCM:BTBT)

 

Payments platform giant PayPal Holdings, Inc. (NasdaqGS:PYPL) has announced a temporary stop of its crypto purchases in the UK, according to a report from Cointelegraph. In an email to select UK users, PayPal indicated that cryptocurrency purchases would be paused in the UK starting on October 1, 2023, but added that they “expect to re-enable crypto purchases in early 2024.” This, according to the email, is being done as a response to new rules enacted by the UK’s  Financial Conduct Authority (FCA) requiring crypto firms to adopt some additional steps before clients can buy cryptocurrency.

 

Coinbase (NasdaqGS:COIN) has announced that it has secured regulatory approval from the National Futures Association (NFA), a CFTC-designated self-regulatory organization, to operate a Futures Commission Merchant (FCM) and offer eligible US customers access to crypto futures. This, according to the company’s official blog post, will make Coinbase “the first crypto-native leader to directly offer traditional spot crypto trading alongside regulated and leveraged crypto futures, on an integrated trading solution for our verified customers.” An excerpt reads:

 

The global crypto derivatives market represents ~75% of crypto trading volume worldwide and is a critical trader access point. The ability to trade using margin gives customers leverage and access to the crypto market with less upfront investment than traditional spot trading. Being able to express long and short positions, investors also use derivatives to manage risk on their underlying crypto assets.

 

Bit Digital, Inc. (NasdaqCM:BTBT) has reported its financial results for the second quarter of 2023. Highlights include a total revenue of $9 million – largely earned from the company’s Bitcoin (BTC) mining business, total assets worth $100.4 million as of June 30, 2023, and the earning of 318.4 BTC in the quarter. An excerpt from the Management Commentary section of the press release reads:

 

"The second quarter of 2023 was a transitional quarter for Bit Digital as we exited certain legacy hosting relationships, forged new strategic partnerships, and began to execute on our growth initiatives. As of June 30, 2023, our mining operations were approximately 99% carbon-free, a significant improvement from the prior quarter and nearly achieving our goal for our mining operations to become entirely carbon-free. We continue to believe that our industry can only reach its full potential if we remain leaders in environmental sustainability, and Bit Digital intends to lead by example.”

 

Sam Mowers, Investorideas

 

For investors following the sector Investor Ideas has a comprehensive Bitcoin, Blockchain and Digital Currency Stocks Directory

 

Podcast sponsor


AppTech Payments Corp. (NasdaqCM:APCX) is an innovative Fintech company whose mission is to deliver a better way for businesses to provide their customers with immersive commerce experiences. Commerse™, its all-new, patent-backed technology platform powering seamless omni-channel Commerce Experiences-as-a-Service (CXS), drives highly secure, scalable, cross-border digital banking, text-to-pay, crypto payments and merchant services altogether from a single, unified stack designed to increase operational efficiencies and growth for businesses while providing the economic convenience that their customers demand from today’s commerce experiences. For more information, visit apptechcorp.com.

 

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#Mining #Investor News - Defense Metals (TSX-V: $DEFN.V) (OTCQB: $DFMTF) Advances Pre-feasibility Study for Wicheeda Rare Earth Element Project; @defensemetals

#Mining #Investor News - Defense Metals (TSX-V: $DEFN.V) (OTCQB: $DFMTF) Advances Pre-feasibility Study for Wicheeda Rare Earth Element Project; @defensemetals

 

Vancouver, British Columbia – August 17, 2023Investorideas.com Newswire, -Mining/Metals/ Green Energy Stock news-  Defense Metals Corp. (“Defense Metals” or the “Company”) (TSX-V:DEFN / OTCQB:DFMTF/ 35D: FSE) is pleased to provide a progress update with respect to its 2023 site infrastructure geotechnical investigations. The work, with support of the Defense Metals’ technical team and APEX Geoscience Ltd., is being completed by SRK Consulting (Canada) Inc. (“SRK”) one of the principal consultants for the preliminary feasibility study (“PFS”) regarding the Company’s Wicheeda Rare Earth Element (REE) Project located near Prince George, Canada.

 

Read this news, featuring DEFN in full at https://www.investorideas.com/news/2023/mining/08171Defense-Metals-Pre-Feasibility-Study.asp

 

Craig Taylor, CEO of Defense Metals, commented:

 

“It is great to see our technical consulting teams making significant headway with the Wicheeda site investigations. Defence Metals has assembled a world class team of experts who have both the experience and technical skills to bring this project through pre-feasibility.” 

 

The SRK geotechnical investigation includes the following scopes:

 

·        Geotechnical engineering (waste rock, tailings, contact water pond, and site infrastructure geotechnical investigation),

·        Tailings alternative assessment prior to advancing into PFS-level design of a preferred alternative,

·        Geochemical characterization (to support mine planning/waste management and to develop preliminary water chemistry predictions for the main mine facilities).

 

The work completed to date included field site inspections from SRK personnel: Principial Consultant – Mining Rock Mechanics, Ed Saunders, P.Eng. (waste storage facility geotechnical); Principal Consultant – Geochemistry, Kirsty Ketchum, Ph.D., P.Geo. (metal leaching and acid/alkaline rock drainage geochemical characterization); and Senior Consultant- Mining Rock Mechanics, Aton Bloem (open pit geotechnical).

 

Site infrastructure geotechnical investigations planned include a series of excavated test pits, and sonic overburden drill holes designed to support the preliminary characterization of the shallow soil subsurface and bedrock foundations of potential future waste rock storage (WSF), mineralization stockpile, contact water pond (CWP), crusher, processing plant (INF), and tailings storage facility (TSF) locations.

 

To date a total of 13 excavated tests pits and 4 sonic overburden geotechnical holes for a total of 93 metres have been completed to characterize surficial material conditions within the proposed WSF, CWP, and TSF areas (Images 1 and 2). Site geotechnical investigations encountered shallow overburden conditions (nil or <1 metre overburden depth), excavated test pit depths ranging from 1 to 5 metres; and sonic overburden drill holes in areas of thicker surficial material ranging from 7 metre to >36.6 metre depth to bedrock.

 

SRK on site engineering consultants supervised the investigations and carried out soil geotechnical logging, direct testing, sampling, photography of recovered materials, standpipe installation, and coordination of laboratory testing. SRK will process the data collected from the sonic drilling and test pit investigations, and laboratory testing results will be incorporated into the QA/QC dataset.

 

In addition to infrastructure geotechnical investigations, SRK has commenced a tailings alternatives assessment prior to advancing into PFS-level design of a preferred alternative. This will include tailings characterization and development of design criteria, a siting evaluation, and an alternatives trade-off.

 

As part of the geochemical characterization scopes SRK has completed a review and compilation of site geological and geochemical data and drill core logs that have been acquired since the 2021 preliminary economic assessment (PEA). These data will be used to develop a sampling plan of the existing drill core for geochemical characterization of the proposed mine facilities, and future set-up of on-site kinetic leach tests (barrel tests). Data will be interpreted to support mine planning/waste management and to develop preliminary water chemistry predictions for the main mine facilities (source terms). Source terms are an input to the site water and load balance model.

 

Excavated test pit and sonic overburden drilling is currently paused and is expected to resume as part of the WSF, CWP, INF, and TSF (and TSF alternative) geotechnical investigations during September in conjunction with the planned drilling of an additional four (4) pit geotechnical core holes totalling 820 metres.

 

Qualified Person

The scientific and technical information contained in this news release as it relates to the Wicheeda REE Project has been reviewed and approved by Kristopher J. Raffle, P.Geo. (B.C.), Principal and Consultant of APEX Geoscience Ltd. of Edmonton, Alberta, who is a director of Defense Metals and a “Qualified Person” as defined in NI 43-101. 

 

About the Wicheeda REE Property

Defense Metals 100% owned, 6,759-hectare (~16,702-acre) Wicheeda Project is located approximately 80 km northeast of the city of Prince George, British Columbia; population 77,000. The Wicheeda REE Project is readily accessible by all-weather gravel roads and is near infrastructure, including hydro power transmission lines and gas pipelines. The nearby Canadian National Railway and major highways allow easy access to the port facilities at Prince Rupert, the closest major North American port to Asia.

The 2021 Wicheeda REE Project Preliminary Economic Assessment technical report outlined a robust after-tax net present value (NPV@8%) of $517 million and an 18% IRR[1]. This PEA contemplated an open pit mining operation with a 1.75:1 (waste:mill feed) strip ratio providing a 1.8 Mtpa ("million tonnes per year") mill throughput producing an average of 25,423 tonnes REO annually over a 16 year mine life. 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.

 

About Defense Metals Corp.

Defense Metals Corp. is a mineral exploration and development company focused on the development of its 100% owned Wicheeda Rare Earth Element Deposit located near Prince George, British Columbia, Canada. Defense Metals Corp. trades on the TSX Venture Exchange under the symbol “DEFN”, in the United States, trading symbol “DFMTF” on the OTCQB and in Germany on the Frankfurt Exchange under “35D”.

 

Defense Metals is a proud member of Discovery Group. For more information please visit: http://www.discoverygroup.ca/

 

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 “forwardlooking information or statements within the meaning of applicable securities laws, which may include, without limitation, statements relating to advancing the Wicheeda REE Project, completion of additional geotechnical work including pit geotechnical core holes and the expected timelines, the expected completion of the PFS, 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 anticipated costs and expenditures, accuracy of assay results, performance of available laboratory and other related services, future operating costs, interpretation of geological, engineering and metallurgical data, 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, engineering and metallurgical results, risks related to the inherent uncertainty of exploration, metallurgy and development and cost estimates, the potential for unexpected costs and expenses and those other risks filed under the Company’s profile on SEDAR at www.sedarplus.ca. 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 and climate conditions, failure to maintain or obtain all necessary government permits, approvals and authorizations, failure to maintain community acceptance (including First Nations),  risks relating to unanticipated operational difficulties (including failure of equipment or processes to operate in accordance with specifications or expectations, cost escalation, unavailability of personnel, materials and equipment, government action or delays in the receipt of government approvals, industrial disturbances or other job action, and unanticipated events related to health, safety and environmental matters), risks relating to inaccurate geological, metallurgical and engineering assumptions, 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, an inability to predict and counteract the effects of COVID-19 and other viruses and diseases on the business of the Company, the price of commodities, capital market conditions, restriction on labour and international travel and supply chains, loss of key employees, consultants, or directors, increase in costs, delayed results, litigation, and failure of counterparties to perform their contractual obligations. The Company does not undertake to update forwardlooking statements or forwardlooking information, except as required by law.

 

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   this  DEFN news is a paid news release on investorideas.com – learn more about costs and services https://www.investorideas.com/News-Upload/  More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp  Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

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[1] Independent Preliminary Economic Assessment for the Wicheeda Rare Earth Element Project, British Columbia, Canada, dated January 6, 2022, with an effective date of November 7, 2021, and prepared by SRK Consulting (Canada) Inc. is filed under Defense Metals Corp.’s Issuer Profile on SEDAR (www.sedarplus.ca).

Wednesday, August 16, 2023

#ExploringMining #Podcast - News from #Mining #Stocks (NYSEAmerican: $VZLA) (TSXV: $WGO.V) (TSXV: $MTB.V) (TSXV: $GMV.V)



 

#ExploringMining #Podcast - News from #Mining #Stocks (NYSEAmerican: $VZLA) (TSXV: $WGO.V) (TSXV: $MTB.V) (TSXV: $GMV.V)   

 

Vancouver, Kelowna, Delta, BC, August 16, 2023 Investorideas.com, a global investor news source covering mining and metals stocks releases today’s edition of Exploring Mining Podcast, featuring stock news from TSX, TSXV ,CSE, ASX, NASDAQ, NYSE companies plus interviews with CEO's and leading experts.

 

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Vizsla Silver Corp. (NYSEAmerican:VZLA) has reported positive preliminary metallurgical test results for the Copala Resource Area at its 100 percent-owned flagship Panuco silver-gold project in Mexico. Michael Konnert, the company’s President & CEO, said:

 

“Based on representative samples from Copala, the largest known structure in the Panuco district, we are pleased to report very high silver and gold recoveries. This is a significant de-risking milestone for the Project and provides positive implications for the ongoing development of the Panuco district. Additionally, these results complement high silver and gold recoveries from the Napoleon and Tajitos resource areas using comparable grinding with both flotation and leaching methods independently.”

 

White Gold Corp. (TSXV:WGO) has commenced its maiden diamond drilling program at the Cali target on the Nolan property, in the White Gold District, located in the west-central region of Canada’s Yukon territory. The target’s drilling comprises three holes totalling approximately 900 m which are planned to test gold mineralization. Cam Norton, the company’s Exploration Manager, said:

 

“The maiden diamond drilling of the Cali target represents an exciting opportunity for White Gold. We have always been impressed with the scale of the Cali soil anomaly, the favourable geological setting, and the convenient road accessibility from Dawson City.”

 

MTB Metals Corp. (TSXV:MTB) has announced that drilling on the Telegraph porphyry project is expected to start around August 19th. According to the press release, pads are currently being built, drills are being mobilized, and the “first phase of drilling will be testing three areas along 2.5 kilometres of the identified Dok trend.” The company’s CEO, Lawrence Roulston, said:

 

"The geological team over the past two months carried out mapping, sampling and spectral analysis which confirmed the earlier information and filled in some gaps. These results provided a firm basis for selection of the initial drill targets. The team has worked methodically to advance the understanding of this huge geological system.”

 

GMV Minerals Inc. (TSXV:GMV) has staked 83 additional lode claims adjacent to its land position at the Daisy Creek Lithium project in Lander County, Nevada, giving it control or ownership of a total of 165 lode claims covering 3,408 acres. The company’s President, Ian Klassen, explained:

 

"We conducted an initial site visit with three geologists, one of whom previously worked with Phillips [Uranium] in the 1980's when drilling occurred on the property. During the visit, it became clear that it was in GMV's interest to expand the claim area to reflect the geological potential within the basin. Now that we have essentially doubled our land position, we feel that the Company is well poised to advance field activities on the Daisy where similarities exist between what is seen at Daisy Creek and Lithium America's burgeoning Thacker Pass discovery located in the McDermitt Caldera of Nevada."

 

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