"An investment in knowledge pays the best interest."

Featured Company Spotlight News

 

Reports 47.6 g/t Au over 3 m within 9 m of 21.2 g/t Au at Marudi

 

Guiana Gold Belt

 

Guyana Goldstrike (GYA.V) reported assay results from the Company’s exploration program at the Marudi Gold Project located in Guyana, South America.

Three chip-channel samples were collected from fracturing in oxidized quartzite-metachert (host rock).

Assays returned values as high as 47.6 g/t Au across 3 metres within 9 meters of 21.2 g/t Au. Samples were oriented approximately horizontally on near vertical exposures across steeply dipping fractures.

The samples were taken as part of the company’s objective to expand the known mineralized areas and add to the current existing mineral resources.

Mr. Locke Goldsmith, M.Sc., P. Eng, P. Geo, VP Exploration states,

“These chip-channel samples are important as they increase knowledge about structural controls of high-grade gold mineralization within the host strata. A better understanding of controls will enable us to more effectively target our drilling on areas with high-grade gold potential.”

Highlights of 2019-20 Planned Phase Two Exploration Program

 

  • Diamond drilling of up to 2,500 metres at the newly discovered Toucan Ridge zone and other targeted areas that have been identified by geophysics, trenching and outcrops
  • 7 priority areas of interest - Marudi Spur Ridge, Peace Creek, July Creek, Success Creek, Kimberley Ridge, East Marudi, and Marudi North West Extension areas are to be explored by mapping, sampling and trenching with potential confirmation drilling follow up
  • The Company will focus its initial trenching at Kimberley Ridge and Success Creek with the intention of generating new drill target areas
  • The Company will commission a 3D geophysical interpretation west of the Mazoa Hill zone, that includes the target areas: Pancake, Kimberley Ridge, and Success Creek
  • The Company plans to re-log and re-sample historic drill core from Mazoa Hill and Marudi North areas to standardize a new data base
  • Upon initial success from trenching and drilling the Company may elect to increase its diamond drilling program beyond 2,500 metres

 

 

About the Marudi Gold Project

The Company is developing the Marudi Gold Project, which has a 17-year mining license and is located in Guyana, South America. Historic diamond drilling completed on the Project by prior operators have delineated two zones of gold mineralization: Mazoa Hill and Marudi North zones. A mineral resource estimate has been completed on the Mazoa Hill Zone. It is open to mineralization in multiple directions and at depth.

The Company has also recently discovered a third mineralized zone, called Toucan Ridge, which is situated about 1000 metres to the northeast of the Mazoa Hill Zone. In addition to the known gold deposits and the new Toucan Ridge zone, the company has over 45 sq. kms of underexplored land and believes the greater land position has excellent upside potential for the discovery of new mineralized zones through the development of previously and newly identified mineralized bedrock targets on the Project.

https://www.guyanagoldstrike.com/

ANNOUNCES CANNABIS SUPPLY AGREEMENT WITH BRITISH COLUMBIA

 

 

MJ Dispensary

 

 

Benchmark Botanics Inc.'s (BBT.C) wholly owned subsidiary, Potanicals Green Growers Inc., has signed a licensed producer supply agreement for recreational cannabis with the Province of British Columbia and with the B.C. Liquor Distribution Branch (BCLDB), the sole, wholesale distributor of recreational cannabis for the province that will operate stand-alone, public retail stores and provide on-line sales.

Commenting on the signing of the cannabis supply agreement, William Ying, Benchmark's chief executive officer, stated: "We are extremely pleased to have achieved another major milestone and to further evolve the overall growth of the organization. Benchmark is very proud to have the credentials and capabilities to offer British Columbians safe, high-quality products. We are excited to work with partners that now includes the Province of British Columbia to help ensure the success of new adult-use recreational cannabis markets."

In addition to the company's bulk sale licence received in August, 2018, in July, 2019, Benchmark received notification from Health Canada that it had been granted a sales licence for the following activities related to sale of cannabis:

  • A licence for sale for medical purposes;
  • A licence for standard processing authorizing the sales of cannabis plants, cannabis plants seeds, fresh cannabis and dried cannabis products.

Benchmark now has the ability to sell into provincial recreational supply chains and make direct on-line sales to medical cannabis clients.

Benchmark, through Potanicals, acquired its original cultivation licence in October, 2017, under the Access to Cannabis for Medical Purposes Regulations.

About Benchmark Botanics Inc.

Benchmark Botanics is a diversified multilicensed cannabis producer focused on a three-way vertical business model targeting the medical, pharmaceutical and recreational markets in Canada and the European Union. The company's business plan also includes a strategy to become a Canadian licensed producer to pioneer selling medical cannabis and hemp throughout Asia.

 

https://benchmarkbotanics.com/

SIGNS TRANSFORMATIONAL AGREEMENT WITH KMT-HANSA CORP. FOR LARGE SCALE HEMP MANUFACTURING IN CHINA

 

 

MJ

 

 

Pure Global Cannabis Inc. (PURE.V)  has signed a joint development agreement with KMT-Hansa Corp. in respect of the processing, extraction, cultivation and manufacturing of hemp and related products across approximately 17,000 acres of land in the province of Yunnan. The Agreement will take advantage of the Hemp International Industry Park Special Economic Zone License granted to KMT by Yuanjiang County, Yuxi City, Yunnan Province, permitting the growth, cultivation, extraction and production of industrial hemp products for export. The license registration process is expected to complete within the next 60 days while operations are setup.

Pure Global will be the management and development partner in connection with the Project, with KMT providing the necessary resources and personnel. Pure Global will be responsible for the technology, know how, genetics and sales and distribution of hemp products produced in connection with the Project. The Company will design Good Manufacturing Practices ("GMP") compliant facilities and manage the development and deployment of the Project while overseeing the ongoing operations for the manufacturing and cultivation of high-quality hemp products and by-products, including cannabidiol ("CBD"). Pure will have the right of first refusal to sell and distribute all manufactured products and by-products in all international jurisdictions.

KMT will be responsible for securing and maintaining all necessary permits and licenses with the Chinese Government and Authorities to grow, extract, process and export CBD and hemp by-products grown on the lands that have been government sanctioned for the region's economic development.

Pure Global's CEO & President Malay Panchal commented, "We are extremely excited to be the first Canadian LP to partner with a Chinese group seeking to develop a project of this scale in China. This strategic relationship gives us access to KMT's resources and connections in China. They truly share our goal of providing high-quality products that are sustainable to the environment and developed using cutting-edge agricultural methods. We are extremely happy to enter into this Agreement with a trusted partner who shares our values, visions, and long-term goals. I was especially thrilled by the warm welcome we received from the Chinese local, state, and federal authorities on our recent visit and the tremendous support they are willing to offer to make this project a success for all stakeholders."

Both KMT and Pure Global value scaled production and manufacturing methods that are eco-friendly, produce the highest quality bulk CBD, and finished health and wellness products. The Agreement will be the first step towards the two like-minded organizations entering into a larger scale international production agreement. The companies intend to move quickly to commence operations and service the fast-growing consumer demand for CBD isolate and finished products throughout Asia and over 50 international markets that have legalized CBD.

Mr. Panchal further commented, "We are entering a very exciting chapter in Pure Global's journey. In addition to this joint venture with KMT, we have recently been granted our Health Canada oils sales license, are close to approvals to commence scaled cultivation and extraction at our Brampton facility, will soon be launching several new premium consumer brands, and have other formative developments to be announced in the near future. Together these will accelerate Pure to becoming a global leader in the cannabis sector."

About Pure Global Cannabis

Pure Global Cannabis Inc. is an innovation-based cannabis company led by experienced pharma, biotechnology, horticultural, and consumer packaged goods (CPG) experts. The Company's wholly owned subsidiary, PureSinse Inc., is a licensed producer under the Cannabis Act. The Company's Brampton campus houses facilities for vertically farmed cultivation, R&D, extraction, manufacturing, and distribution. Pure Global will produce branded and white-labeled cannabis products for the medical, pharmaceutical, wellness, health & beauty, natural health, food & beverage, craft, and recreational legal markets with uniquely formulated and purified concentrates and dried flower. The Company is using the Canadian market as a springboard to develop and manufacture GMP-compliant premium quality cannabis products for international sale and distribution with a goal to become one of the most trusted premium international cannabis brands.

About KMT-Hansa Corp

KMT-Hansa Corp. is registered in Anguilla and is currently listed on TSXV NEX. HDD Investment Holdings Corp. acquired 51% of KMT-Hansa Corp. in March of 2019. Under new management, KMT will move forward adopting a business model focused on growth and building shareholders value by way of directing our resources into viable development opportunities. KMT is determined and driven to achieve a diversified investment portfolio of high-growth opportunities.

OSISKO GOLD ROYALTIES TO ACQUIRE BARKERVILLE GOLD MINES

 

Gold stocks index

 

 

Osisko Gold Royalties Ltd. has entered into a definitive agreement with Barkerville Gold Mines Ltd., (BGM.V) pursuant to which Osisko has agreed to acquire all of the issued and outstanding common shares of Barkerville that it does not currently own, by way of a plan of arrangement under the Business Corporations Act (British Columbia). Concurrent to the arrangement, Osisko also announces the formation of the North Spirit Discovery group, the next step in the evolution of Osisko's accelerator business that Osisko pioneered over the last five years, with the goal of privatizing and surfacing value in resource development projects.

Under the terms of the arrangement, each shareholder of Barkerville (excluding Osisko) will receive 0.0357 of a common share of Osisko for each share of Barkerville held. The exchange ratio implies consideration of 58 cents per Barkerville share, based on the closing price of Osisko shares on the Toronto Stock Exchange on Sept. 20, 2019, representing a 44-per-cent premium based on both companies' trailing 20-day volume-weighted average price (VWAP) as at Sept. 20, 2019. The exchange ratio implies a total equity value of approximately $338-million on a fully diluted in-the-money basis, inclusive of Barkerville shares held by Osisko.

Upon completion of the transaction, current Osisko and Barkerville shareholders will hold approximately 91 per cent and 9 per cent of Osisko shares outstanding, respectively.

Sean Roosen, chair of the board and chief executive officer of Osisko, stated: "The addition of the Cariboo gold project to our portfolio adds a potentially world-class asset in Canada in an impacted brownfield site with significant infrastructure in place. Osisko and Barkerville will take advantage of their combined mine building, exploration, permitting, development and construction expertise to advance the Cariboo gold project. Osisko expects to fund planned work through available liquidity, future revenue from royalties and streams, project debt as well as outside private equity and joint venture capital through the creation of the North Spirit Discovery group."

In 2018, Osisko generated $82.2-million in operating cash flow at 89.5-per-cent cash margin and $46.1-million at 89.5-per-cent cash margin in the first six months of 2019. Osisko currently has over $800-million in financial capacity, including a $500-million available revolving credit facility.

Benefits to Barkerville shareholders:

  • Immediate and significant premium of 44 per cent based on both companies' 20-day VWAPs;
  • Continued exposure to the Cariboo project in a broader, more diversified company;
  • Acceleration and enhancement of development of the Cariboo project by leveraging Osisko's proven technical team;
  • Certainty of financing through Osisko's strong balance sheet and access to capital to advance the Cariboo project on schedule;
  • Direct exposure to a high gold price environment through Osisko's strong and growing cash flows;
  • Osisko shares offer substantially greater trading liquidity and an attractive dividend.

Selects Driller - Reports 23.5 g/t Gold at Marudi

 

Guyana Drilling1

 

Guyana Goldstrike Inc. (GYA.V)  announced that Bonga Xploration Drilling Ltd. of Vancouver, Canada has been selected as the driller to carry out diamond drilling at its Marudi Gold Project located within the Guiana Shield, Guyana, South America.

The Bonga Xploration team has visited the Property and has gained a full understanding of Guyana Goldstrike’s expectations for the upcoming program.

The drilling program will consist of up to 2,500 metres and could be extended for additional metres. This program will test and confirm at depth the gold associated and correlated to anomalous gold mineralization reported in the sampling results from surface trenching and the magnetic anomalies identified along the length of the 1.75 km Toucan Ridge area.

Further details on the drilling and exploration program will be released once the company has finalized all logistics and contracts.

In 2018, a total of 12 trenches totaling 2,458 metres were completed at Toucan Ridge.

Over 850 trench samples were assayed from the Toucan Ridge area returning grades as high as 23.5 g/t gold.

Toucan Ridge Drill Map

 

 

 

www.guyanagoldstrike.com.

RECEIVES U.S. ENVIRONMENTAL PROTECTION AGENCY (EPA) APPROVAL FOR ITS FIRST ACTIVE INGREDIENT

 

EPA

 

Bee Vectoring Technologies International Inc.(BEE.V) received approval from the U.S. Environmental Protection Agency for clonostachys rosea CR-7 (CR-7) for use as a fungicide on commercial crops. CR-7 is the first registered active ingredient for the Canadian-based company and the first active ingredient approved by the EPA for application via bees, known as "bee vectoring," in which BVT is a global leader.

Sold under the brand name VECTORITE with CR-7, the product is labeled for numerous high-value crops, including strawberries, blueberries, sunflowers and almonds. With this approval, BVT is positioned to officially launch and begin to generate revenue with VECTORITE with CR-7, starting with this year's fall and winter blueberry and strawberry season in the U.S. The registration permits BVT to make positive crop protection claims when selling VECTORITE with CR-7.

"Not only is this a critical milestone for BVT in terms of the commencement of scalable commercialization and revenue, but it represents a groundbreaking shift in how plant care products can be applied," said Ashish Malik, CEO of BVT. "By using commercially reared bees to deliver biological products, growers can protect crops, increase crop yields and enhance their sustainable growing practices by reducing the use of chemicals and other costly and increasingly scarce resources including water, fuel and labor."

BVT is pursuing regulatory approval from other key countries and, because the EPA serves as an affirmative model for regulatory agencies outside the United States, these review processes should move faster and more easily.

"According to industry statistics (1), to establish the high levels of safety and efficacy required to bring a new crop protection product to market costs, on average, more than US $280 million and 11 years of internal research and development, university crop trials, and grower demos. This registration is a valuable and substantial asset for BVT and brings considerable credibility within the industry." said Michael Collinson, Chairman of the Board of Directors for BVT. "The BVT team has succeeded in developing a novel and effective alternative solution to traditional chemical pesticides and has done so at a fraction of the average industry cost. We are incredibly pleased to have accomplished this feat and are both proud and excited to put the BVT solution into the hands of farmers in the U.S. and are looking forward to future approvals in major agricultural regions around the world."

The EPA's registration makes VECTORITE with CR-7, EPA Registration. No. 90641-2, available immediately for sale as a registered fungicide for use on the labelled crops.

About Bee Vectoring Technologies International Inc.

BVT has developed and owns patent-pending bee vectoring technology that is designed to harmlessly utilize bumblebees and honeybees as natural delivery mechanisms for a variety of powdered mixtures comprised of organic compounds that inhibit or control common crop diseases, while at the same time enhancing crop vigor and productivity. This unique and proprietary process enables a targeted delivery of crop controls using the simple process of bee pollination to replace traditional crop spraying, resulting in better yields, superior quality, and less impact on the environment without the use of water or disruptions to labor.

 

http://www.beevt.com/

Obtains European Approval of its Hydrogen Technology

 

 

DYA.V

 

 

dynaCERT Inc. (DYA.V) announced that its wholly-owned European subsidiary, dynaCERT GmbH, has obtained from Kraftfahrt-Bundesamt, the Transport Ministry of Germany, the Allgemeine Betriebserlaubnis National Type Approval.

ABE Homologation, which emanates from KBA, permits the marketing, sales, installation and use of dynaCERT’s HydraGEN™ Technology in Germany and is utilized throughout the entire European Union.

Unique Innovative Breakthrough

dynaCERT has achieved a major and unprecedented milestone.

Applications for ABE Type Approval must meet stringent testing and validations required by rigorous and exacting regulation in Germany.

dynaCERT’s HydraGEN™ Technology is the only hydrogen gas supply system that has ever been approved by KBA and received Homologation for the ABE Type Approval. This unique advantage gives dynaCERT a lead in hydrogen-based technology and provides a strong market benefit as well as a barrier to entry for imitators and possible competitive technologies.

Importance of ABE Homologation Globally

The addressable market of dynaCERT’s HydraGEN™ Technology has expanded significantly and globally with the addition of this first-in-kind ABE Homologation.

As a result of its reputation for excellence, the acceptance of an ABE Homologation is monitored by other countries on every continent of the globe. In regulating their transportation industry, many countries and jurisdictions world-wide rely on the ABE Homologation as the unequivocal standard of due diligence and excellence for the regulated use of new expertise, such as dynaCERT’s HydraGEN™ Technology.

Thorough Due Diligence by ABE

dynaCERT’s HydraGEN™ Technology underwent thorough testing to obtain ABE Homologation.

Moreover, the ABE Homologation from KBA required approximately 26 months of proofs of concept, testing, validations, verifications, confirmations, authentications, rigorous trials with strict protocols, scientific analysis, exacting reviews using both on-road and in-laboratory methods, and accompanying certified reports. Numerous engineers, combustion specialists and automotive experts, including world-renowned authorities in Europe such as Continental EMITEC, TÜV Nord, TÜV Süd, were consulted and relied upon by KBA which granted the ABE. (See Press Releases dated August 16, 2018 and September 17, 2018).

Market Size

According to the European Automobile Manufacturers Association (“ACEA”), there are over 398 million vehicles in the European Region. Approximately forty-five percent (45%) are diesel-powered. Almost all of the approximately 39 million commercial vehicles are diesel-powered and these are eligible for dynaCERT’s HydraGEN™ Technology across the European Union and the rest of Europe. dynaCERT’s ABE Homologation from KBA applies to more than 560 MAN powered vehicle types and models.

Marketing Significance

Commencing immediately, marketing and sales of dynaCERT’s HydraGEN™ Technology can launch throughout Europe by the Company’s numerous licensed dealers and distributors.

In the last 18 months, dynaCERT has identified and negotiated numerous distributor and dealer agreements to market and sell its HydraGEN™ Technology. Such dealers and distributors include very qualified dynaCERT resellers covering European countries such as Germany, Austria, Belgium, Netherlands, Luxemburg, Spain, Portugal, Lithuania, Latvia, Estonia, Norway, Sweden, Finland, Denmark, the United Kingdom and Ireland.

dynaCERT continues to increase its dealer and distributor footprint in Europe and throughout the world.

Value of Homologation to the Trucking Industry

dynaCERT’s HydraGEN™ Technology advances the same interests upheld by new European regulations and the Paris Agreement on Climate Change.

The European regulations for CO2 reduction came into effect in January 2019. These regulations require all truck manufacturers to provide full emission testing on every new vehicle model in various load and road configurations. These tests then become the baseline from which each vehicle sold in Europe built after January 1, 2025 must achieve a 15% reduction in CO2 emissions. A further 5% reduction requirement is to be achieved by 2030. Vehicles that do not achieve these CO2 reductions will lose their regulatory approvals. (see Press Release of September 24, 2018 and the European Union Regulation entitled “Commission Regulation (EU) 2017/2400 of 12 December 2017 of the European Parliament as regards the determination of the CO2 emissions and fuel consumption of heavy-duty vehicles”.)

dynaCERT’s HydraGEN™ Technology is a currently existing and readily available solution for this CO2 pollution throughout Europe.

Validation of Exceptional Results

Based on the TÜV Nord recorded fuel consumption reductions witnessed and certified during the ABE application process, dynaCERT’s HydraGEN™ Technology provides an ROI or payback of less than one (<1) year for most of its long-distance trucking user applications.

The exceptionally positive TÜV Nord testing results of dynaCERT’s HydraGEN™ Technology on diesel engines which were meticulously recorded and certified during the ABE Homologation process include an 8.9% improvement in fuel consumption, an 8.7% reduction in CO2, an 88% reduction in NOx, a 52% reduction in Total Hydrocarbons (THC), a 54.5% reduction in Particulate Matter (PM) and a 74.3% reduction in Particulate Number.

In addition, dynaCERT is also currently engaged in applying for the monetizing of Carbon Credits which can significantly improve the value proposition of the Company’s HydraGEN™ Technology, its ROI and payback (see Press Release of March 26, 2019).

Further economic benefits include reduced Diesel Exhaust Fluid (DEF) consumption, reduced Diesel Particulate Filter (DPF) changes, and reduced diesel engine oil and filter changes.

Design of HydraGEN™ Technology

The HydraGEN™ Technology is designed to add a stream of pure hydrogen gas (H2) and oxygen gas (O2) into the air intake of a diesel engine. Adding pure hydrogen gas in controlled amounts through an air intake acts as a combustion catalyst improving the consumption of diesel fuel and reduces harmful carbon emissions such as NOx.

The HydraGEN™ Technology was developed as an on-demand system to produce hydrogen and oxygen gas and uses a sophisticated patented electrolysis system. Distilled water mixed with potassium hydroxide (KOH) is used to produce clean gas in an appropriate amount for introduction into the air-intake of the engine. The exact amount of hydrogen gas flow is regulated by dynaCERT’s proprietary patented Electronic Control Unit, appropriately named “the Smart ECU”. The determination of the rate of gas flows is a key feature of dynaCERT’s proprietary know-how and HydraGEN™ Technology.

The HydraGEN™ Technology unit is suitable for all outdoor climates. A built-in heater ensures that the device can function even in very cold temperatures. The device is ready for operation at temperatures between minus sixty (- 60) and plus 50 (+ 50) degrees Celsius.

The HydraGEN™ system is protected by a rugged, lightweight housing that is typically attached to a mounting bracket on a vehicle. The HydraGEN™ Technology unit is powered directly from the onboard power system of the vehicle and instantly shuts down when the engine is switched off. The device can also be switched off mechanically; on the side of the device is an on-off switch.

There is no on-board storage of hydrogen gas and the system is operated in an ambient, non-pressure, condition for safety purposes.

Corporate Statements

Enrico Schlaepfer, dynaCERT’s Vice President of Global Sales stated, “dynaCERT is the first manufacturer of an automotive aftermarket product that is allowed to apply hydrogen and oxygen into the combustion chamber of diesel engines across Europe. We have written automotive history! With the ABE Homologation in Germany, dynaCERT has reached a historic milestone in the trucking world. Over the last twenty-six months, our teams in Germany and Canada, collaborating with TÜV Nord and TÜV Süd, successfully achieved their goals. dynaCERT in Germany is now well-situated to effectively position and market the HydraGEN™ Technology in the European marketplace. In fact, with our HydraGEN™ Technology, regional governments can align themselves with their national environmental goals for the benefit of climate protection. With available HydraGEN™ Technology, Europe has come a step closer to achieving the ambitious pollution reduction goals set out in the Paris Agreement.”

Jim Payne, dynaCERT’s CEO stated, “On behalf of our Board of Directors, I congratulate and thank all the technical staff and European teams at dynaCERT for the success of achieving dynaCERT’s important Homologation landmark and for their devotion and unwavering persistence in this enduring but extremely worthwhile process. dynaCERT now stands out globally as having a unique approval and validated technology that reduces carbon emissions while at the same time reduces fuel consumption. We are grateful to have received one of the most highly-respected and coveted approvals in our industry.”

About dynaCERT Inc.


dynaCERT Inc. manufactures and distributes Carbon Emission Reduction Technology for use with internal combustion engines. As part of the growing global hydrogen economy, our patented technology creates hydrogen and oxygen on-demand through a unique electrolysis system and supplies these gases through the air intake to enhance combustion, resulting in lower carbon emissions and greater fuel efficiency. Our technology is designed for use with many types and sizes of diesel engines used in on-road vehicles, reefer trailers, off-road construction, power generation, mining and forestry equipment, marine vessels and railroad locomotives. Website: www.dynaCERT.com

Announces Phase Two Exploration Program of Drilling, Trenching and Geophysics at Marudi Gold Project, Guyana

 

Drilling Brazil Images

 

 

Guyana Goldstrike Inc. (GYA.V) provided an update from its ongoing exploration program at its 13,500 acre (54 sq. kms) Marudi Gold Project, located within the prospective and prolific Guiana Shield of South America.

With the anticipated end of the rainy reason in late August, the Company plans to resume its exploration program with the commencement of Phase Two.

Highlights of 2019-20 Planned Phase Two Exploration Program

  • - Diamond drilling of up to 2,500 metres at the newly discovered Toucan Ridge zone and other targeted areas that have been identified by geophysics, trenching and outcrops

    - 7 priority areas of interest - Marudi Spur Ridge, Peace Creek, July Creek, Success Creek, Kimberley Ridge, East Marudi, and Marudi North West extension areas are to be explored by mapping, sampling and trenching

    - The Company will focus its initial trenching at Kimberley Ridge and S uccess Creek with the intention of generating new drill target areas

    - The Company will commission a 3D geophysical interpretation west of the Mazoa Hill zone, which includes the target areas: Pancake, Kimberley Ridge, and Success Creek

    - The Company plans to re-log and re-sample historic drill core from Mazoa Hill and Marudi North areas to standardize a new data base

    - Upon initial success from trenching and drilling the Company may elect to increase its diamond drilling program beyond 2,500 metres

Highlights of Completed Phase One Exploration Program 2018-19

  • - The Company explored and evaluated 4 of 11 identified areas of interest for gold mineralization mainly in the central area of the Property comprising approximately 15 % of the total Property area. The areas explored to date were Paunch, Pancake, Marudi North (west extension), and Toucan Ridge

    - The Toucan Ridge mineralized zone (750 x 750 metres) was discovered along a 1.75 km area of interest

    - Phase One consisted of a total of 18 trenches representing over 2,500 metres

    - Over 850 assays samples were collected and sent to Act Labs for processing with results received

    - Please see the "Table of Significant Gold Assay Results To Date" below

    - A 250 metre length of quartzite-metachert (host rock) discovery was identified that extends to the southeast from the Toucan Ridge area

    - A second discovery of quartzite-metachert northeast of Toucan Ridge at East Marudi was identified approximately 2,300 metres northeast of trench TTR-18-06

    - A geophysical survey of the entire Property was completed by helicopter with 1,201-line km of flight lines covering 13,500 acres (54 sq. km) at 50 metre line spacing

    - An independent geophysical report was completed analyzing the magnetic and radiometric data

    - 16 anomalous 2D magnetic targets were identified and selected based on their strong magnetic susceptibility response, linear trend, and topographic highs

    - 5 anomalous 3D magnetic targets were selected based on favorable quartzite - metachert host rock association for continued exploration

    - A 5 km anomalous magnetic trend was identified at the Mazoa Hill zone that hosts the 43-101 compliant resource estimate and is less than 10% drilled

Locke Goldsmith M Sc. P Eng. P Geo., VP Exploration stated,

"We are very pleased with the results and accomplishments of last year's Phase One exploration. I am encouraged that the geophysical survey interpretation shows the existence of 21 magnetic anomalies on our Property. The Company looks forward to Phase Two exploration which will focus on these anomalous areas including additional trenching and geophysical interpretation of new targets not yet explored. Most importantly, we look forward to drilling the newly discovered Toucan Ridge mineralized zone as this represents our highest priority targets for confirmation diamond drilling at depth."

 

http://www.guyanagoldstrike.com

  

RECEIVES CANNABIS SALES LICENSE FROM HEALTH CANADA

 

mj pic

 

Benchmark Botanics Inc.'s  (BBT.C) 100-per-cent-owned subsidiary, Potanicals Green Growers Inc., has received a sales licence from Health Canada, effective July 26, 2019.

The license allows Benchmark to supply and sell finished cannabis products to provincial governments throughout Canada and through Canada's distribution and retail supply chain. Benchmark will be providing recreational and medical dried cannabis, capsules and other forms of cannabis products, as the Government of Canada makes more forms of the product legal for sale and consumption later this year.

"Receiving the Health Canada sales license is of significant importance and signals a giant step forward for the growth of Benchmark," said William Ying, CEO of Benchmark Botanics. "The sales license gives the Company the ability to sell additional products and is very timely with the new legalization for the edible market soon upon us. Our sales license will allow us to enter the Canadian medical and recreational marketplaces, as well as fulfill potential international supply agreements."

Along with the recent approvals for the Zhejiang Yatai Pharmaceutical Co., Ltd. joint venture, receiving the sales license represents another key milestone in Benchmark's path toward becoming one of global leaders in the development and commercialization of cannabis and cannabis-derived products designed to support health and wellness. Since late 2017, Benchmark has secured all regulatory approvals required to harvest and sell cannabis, which has contributed to the ongoing growth and enhancement of the business.

 

About Benchmark Botanics Inc.

Benchmark Botanics is a diversified multi-licensed cannabis producer focused on a three-way vertical business model targeting the medical, pharmaceutical, and recreational markets in Canada and the EU. The Company's business plan also includes a strategy to become a Canadian licensed producer to pioneer selling medical cannabis and hemp in China and throughout Asia.

Benchmark Botanics is focused on producing the highest-quality, indoor-grown cannabis for patients and adult recreational consumers, as well as developing international business partnerships to extend the Company's global footprint.

Benchmark Botanics' 100% owned subsidiary, Potanicals Green Growers Inc. is a Health Canada licensed producer under the Cannabis Act and its regulations (formerly ACMPR). The Company is producing at its indoor Peachland Cannabis Complex and is building a Phase II expansion of an extraction facility there. Along with cultivation and production, the company's Peachland BC facility also provides propagation, cultivation, cloning, storage, research and development, genetics and is progressing towards CBD oil extraction and an EU-GMP certification.

 

http://benchmarkbotanics.com

 

DRILLS 52.22 METRES OF 5.13 G/T GOLD IN SECOND VEIN ZONE AT SHOVELNOSE

 

Diamond Drill Core in Box

 

Westhaven Ventures Inc. (WHN.V) has released drill results from its continuing drill campaign at its 15,542 hectare Shovelnose gold property, located within the prospective Spences Bridge gold belt, which borders the Coquihalla Highway 30 kilometres south of Merritt, B.C.

Highlights of the most recent results include:

  • Hole SN19-10 returned 52.22 metres (m) of 5.13 g/t gold (Au) and 17.32 g/t silver (Ag), including 18.50m of 11.39 g/t Au and 40.21 g/t Ag in Vein Zone 2.
  • Hole SN19-10 returned 43.50m of 1.98 g/t Au and 7.78 g/t Ag, including 6.48m of 6.81 g/t Au and 23.10 g/t Ag in Vein Zone 1.
  • Hole SN19-11 returned 2.98m of 176.33 g/t Au and 131.43 g/t Ag, including 1.00m of 521 g/t Au and 381 g/t Ag in Vein Zone 1.
  • Hole SN19-11 returned 17.30m of 2.10 g/t Au and 11.74 g/t Ag, including 7.94m of 3.19 g/t Au and 17.04 g/t Ag in Vein Zone 1.

Gareth Thomas, President & CEO of Westhaven stated, "The high-grade gold intercepts in Vein Zone 2 extend the scope of expanding the South Zone. Drilling continues to explore the extent and demonstrate the continuity of two parallel vein zones approximately 125 metres apart. The goal of the current drill program is to keep extending these parallel zones, along with the strike length, and to target the preferred horizons where the gold precipitates out. The summer drill program, employing two rigs, is ongoing and 12 holes have been completed totaling approximately 5,000 metres. Assays will be released regularly as the program progresses."

Peter Fischl, Exploration Manager, goes on to add, "Hole SN19-10 confirms the potential for bonanza grades in Vein Zone 2. Such grades were first encountered in Zone 2 last year in hole SN18-18. Hole SN19-10 also indicates that significant gold grades can occur over broader widths, like those encountered in Vein Zone 1 as seen in hole SN18-15.

 

The Spences Bridge Gold Belt (SBGB)

Westhaven owns a 100%-interest in 4 properties covering over 35,000 hectares within the prospective SBGB, which is situated within a geological setting like those which host other significant epithermal gold-silver systems. It is close to major transportation routes and infrastructure allowing for cost-effective exploration. The SBGB is a 110-kilometre northwest-trending belt of intermediate to felsic volcanic rocks dominated by the Cretaceous Spences Bridge Group. Talisker Resources Ltd. and Westhaven have a combined control of 86% of the SBGB (225,000ha). Any ground acquired by Talisker within 5-kilometres of Westhaven's existing projects is subject to a 2.5% NSR. In addition, Westhaven has a 30 day Right of First Refusal (ROFR) for a three-year period for any properties outside this 5 kilometre radius.

Westhaven Ventures Inc. is a Canadian based exploration company focused on the acquisition and exploration of prospective resource properties. Westhaven is focused on advancing its Shovelnose, Prospect Valley, Skoonka and Skoonka North gold projects in British Columbia. Westhaven trades on the TSX Venture Exchange under the ticker symbol WHN.

 

China Government Approves Cannabis Pharmaceutical Joint Venture

 

Canada China Handshake

 

 

Benchmark Botanics, Inc. (BBT.C) a federally-licensed producer and distributor of medical-grade cannabis reported that Zhejiang Yatai  has received approval and acceptance of filing from the Administrative Office of Keqiao District of Shaoxing City in China for Overseas Investment Projects to establish a joint venture company to build an industrial cannabis facility in Canada with Benchmark as planned under the Investment Cooperation agreement.

Zhejiang Yatai has also received an Enterprise Overseas Investment Certificate issued by the Zhejiang Provincial Department of Commerce, allowing Zhejiang Yatai to invest and transfer funds from China in order to make their CAD$7 million investment into the new joint venture company with Benchmark.

"We are pleased to see Zhejiang Yatai diligently advanced the Investment Cooperation Agreement and welcome the approvals from the local government. We believe that this event advances the viability of the partnership and for the industrial cannabis industry" said William Ying, CEO of Benchmark Botanics. "We look forward to a prosperous and mutually beneficial partnership with Zhejiang Yatai, one of the top 500 Chinese corporations."

It is anticipated that the new joint venture company will have a share capital of CAD $14 million, of which Zhejiang Yatai will invest CAD $7 million in cash, accounting for 50% of the its share capital; BBT will cause its wholly-owned subsidiary Potanicals Green Growers Inc. to use its existing Health Canada issued license to apply for a license for property to be acquired by the new company for cannabis cultivation, processing, and sale thereon and in exchange BBT will receive 25% of the new company's share capital (with a cash equivalent of CAD$3.5 million) ; and Rippington Investment will invest CAD $3.5 million in cash, accounting for the remaining 25% of the new company's share capital.

The new joint venture company will pursue business opportunities in the development of industrial cannabis products with the focus on the medical sector and quickly implement a strategic plan to seek out new profitable pharmaceutical health and wellness supplements for the company's future growth and competitiveness.

Zhejiang Yatai will bring their significant resources and experience to the new partnership with Benchmark as follows:

Benchmark and Zhejiang Yatai will jointly focus on developing a European and American industrial cannabis CBD market. Both will make full use of their respective significant corporate resources, established sales channels, distribution networks, existing infrastructures and the expertise of the company's drug research and development technologies.

Benchmark and Zhejiang Yatai will leverage their existing resources and their respective experience in the field of drug development, promote the cultivation of high CBD content of industrial hemp cultivation, processing, marketing, research and development of medical cannabis and high purity CBD-based cannabinoids extraction, separation, purification and development.

Benchmark and Zhejiang Yatai will be responsible for the foreign exchanges and all other related import and export logistics in accordance with domestic and international laws.

About Zhejiang Yatai Pharmaceutical Co., Ltd.

Zhejiang Yatai Pharmaceutical Co., Ltd. one of the top 500 China Enterprises and a publicly listed company on the Shenzhen Stock Exchange (stock code: 002370) is a China-based company engaged in the manufacture and distribution of drugs. The Company's main business consists of the research, development, production and sales of chemical agents, chemical raw materials and diagnostic reagents, as well as the provision of pharmaceutical research and development outsourcing (CRO) services. The Company's chemical agents are classified as antibiotics and non-antibiotic drugs. Along with its subsidiaries, the Company provides pre clinical research services, clinical research services and other advisory services. The Company distributes its products primarily in domestic markets and overseas markets.

Revenues $188.29 M USD 2018

Net Income: $30.1M USD 2018

Market Cap $ 8.525 B USD

803 employees

50 offices located in 24 provinces throughout China

GMP standards / modern pharmaceutical production techniques

2002 ISO 9001 quality certification – ISO 14001 environmental protection

http://en.yatai.com/

http://benchmarkbotanics.com

 

 ACHIEVES THC BREATH CAPTURE MILESTONE, COMMENTS ON PATENT PORTFOLIO

 

 

CBD Chem

 

Cannabix Technologies Inc. (BLO.C) scientists have developed proprietary methods, resulting in the achievement of the highest tetrahydrocannabinol (THC) detection levels collected from human breath to date. Over the last several months, Company scientists have studied the unique chemical interactions of THC and cannabinoids in breath, and developed and evaluated novel methods to efficiently and practically capture and ionize THC and cannabinoid analytes collected from several different subjects. These analytes are typically found in extremely low quantities due to their relatively low volatilities, requiring an efficient sampling method. The Company's newly developed methods and technologies for sample capture are an important milestone and represent a significant advancement in the field of human breath studies. These novel capture methods could have implications for both point-of-care and lab-based instruments that would provide real-time results from breath samples, targeting analytes of a wide range of volatilities. The Company continues to expeditiously conduct trial testing to evaluate the sensitivity and accuracy of the instrument and to collect data to determine variance among test subjects at its Vancouver and Florida development facilities using its FAIMS (field asymmetric waveform ion mobility spectrometry) THC detection device.

Growing Patent Portfolio

The Company's patent portfolio includes an exclusive worldwide license of University of Florida ("UF") US Patent 8,237,118 in the area of breath analysis of controlled substances using Partial Ovoidal FAIMS Electrode (high field asymmetric waveform ion mobility spectrometry). Additionally, the Company has licensed patent pending technology from UF (US 16/082220) relating to using FAIMS detection, and has filed its own patent applications commencing in 2015.

The Company's technology has significantly progressed since its original filings, and improvements have been made to every aspect of the instrument (in particular related to Company's originally filed US and Canadian patent application Nos. 14/689434 and 2887841). New intellectual property and trade secrets have been developed that will ultimately supersede earlier patent applications. The Company's intellectual property is growing and additional patent applications will be filed in due course. Additional applications that are already pending include Canadian and US applications directed to an intercept system (ignition interlock device) for controlled substances (Nos. 3041860 and 16/344578).

An ignition interlock device requires a driver to blow into an installed device confirming the driver is not impaired before the vehicle will start. Many countries are requiring an ignition interlock device as a condition for drivers convicted of driving under the influence of alcohol and drugs, especially repeat offenders.

The Company routinely receives official correspondence related to its pending patent applications from Canadian and US Patent and Trademark Offices. Such correspondence requires a formal response from the Company to refine the application to address any objections raised by the offices. Such official correspondence can be expected by the Company as it is normal for patents to be initially refused (even a few times) by the patent office. The Company is entitled to submit arguments and/or amend its claims in order to address the Examiner's reasons for rejection to secure grant of a patent. As usual, Company patent lawyers review the merits of the Patent Office's comments and prepare and file responses as required.

About Cannabix Technologies Inc.

Cannabix Technologies Inc. is a leader in marijuana breathalyzer development for law enforcement and the workplace. Cannabix has established breath testing technologies in the pursuit of bringing durable, portable hand-held tools to market to enhance detection of marijuana impaired driving offences on roads at a time when marijuana is becoming legal in many global jurisdictions. Cannabix is working to develop drug-testing devices that will detect THC- the psychoactive component of marijuana that causes intoxication- using breath samples. In particular, Cannabix is focused on developing breath testing devices for detection of recent use of THC, in contrast to urine testing for THC metabolite that requires an invasive collection and reflects usage, days or even weeks earlier. The devices will also be useful for other practical applications such as testing employees in the workplace where impairment by THC can be hazardous.

ANNOUNCES CANNABIS BIOPESTICIDE R&D PROGRAM WITH A CANADIAN FEDERAL RESEARCH ORGANIZATION

 

alliancegrowers1

 

Mustgrow Biologics Corp. (MGRO.C) has a biopesticide research and development program under way with the National Research Council Canada (NRC).

The NRC and MustGrow are conducting a series of efficacy assessments of MustGrow's patented natural biopesticide as a natural pre-plant, pre-pot soil treatment for soil-borne pests and diseases that affect cannabis production. MustGrow intends to seek Health Canada approval of its natural biopesticide for eventual use by Canada's licensed cannabis producers. The R&D program is currently targeting a number of soil-borne pests and diseases that have been particularly problematic for many of Canada's licensed cannabis producers, including but not limited to:

Botrytis (gray mold, bud rot), a serious and common disease often brought into facilities via contaminated soil.

Fusarium and Rhizoctonia (root rot), known to destroy entire cannabis rooms and can lay dormant in both soil and waterlines for years before becoming active and detrimental.

Health Canada: Mandatory Cannabis Testing for Pesticides

Requirements published by Health Canada necessitate mandatory testing for pesticides in cannabis (effective January 2, 2019), as outlined below. MustGrow is well-positioned to provide a compliant cannabis label through tailoring of its natural biopesticide, which is already approved for use in fruits and vegetables. "To meet the testing requirements, licence holders under the Cannabis Regulations must demonstrate that none of the unauthorized pesticide active ingredients, as listed in the Mandatory cannabis testing for pesticide active ingredients - List and limits published by Health Canada, are used to treat their products or have contaminated their products."

Using the following Health Canada-defined Purposes as a framework, MustGrow is advancing a number of natural biopesticide and biofertilizer labels.

"The requirements of the Pest Control Products Act and the Cannabis Act related to the use of pest control products (PCPs) are met

Individuals have access to quality-controlled cannabis products that have not been treated or contaminated with unauthorized PCPs

Individuals have accessible and accurate information to make informed decisions"

Soil-Borne Pests and Diseases Contaminate Cannabis Cultivation Facilities

Through MustGrow's eventual suite of biopesticides and biofertilizers, Canadian cannabis licence-holders may have access to products that aid in production of compliant, pest-free cannabis. MustGrow's pre-plant/pot soil treatment has already demonstrated control of many soil-borne diseases and pests that affect cannabis production, including the following: Pythium root rot, Rhizoctonia fungus, Fusarium, nematodes, Verticillium wilt, Phytophthora root rot and Sclerotinia.

MustGrow's Signature Products

MustGrow's signature, patented products are derived from mustard seed, utilizing the plant's natural defense mechanism as a pre-plant soil biopesticide. Organic compounds found within mustard (Brassica) plants, combined with water, form allyl isothiocyanate (AITC), which is the active ingredient in MustGrow's signature products. The Company feels that the natural AITC chemical has untapped potential to benefit agricultural production both as a biopesticide/fungicide and biofertilizer and has yet to be fully explored and commercialized. MustGrow has concentrated the active ingredient in both granular and liquid form to maximize safety and efficacy.

In addition to its signature biopesticides, MustGrow is compiling a science-based suite of biological products, assessing potential product labels from third parties. These products will be natural and/or organic biopesticides and biofertilizers, and MustGrow is working toward in-licensing private labels and/or distributing current third-party product brands to Canadian cannabis licensed producers (LPs) exclusively through MustGrow.

Agriculture Chemistries vs. Biologicals

MustGrow's signature mustard-derived products have consistently demonstrated efficacious benefits similar to synthetic "chemical" products without the harmful safety profile often associated with these chemical products. "Biological" products are typically less efficacious than chemical products and typically only have suppression labels, which is less than 75% control, requiring frequent reentry and reapplication intervals. However, MustGrow's product testing in soil used for fruits and vegetables has indicated greater than 95% control (more than just suppression) of soil-borne pests and diseases in some cases 100% control of root-knot nematodes (parasitic worms) compared to the dangerous synthetic chemical methyl bromide.

About MustGrow Biologics Corp.

MustGrow is an agricultural biotech company focused on developing and commercializing its patented natural biologic product that acts as a pesticide, fungicide nematicide and fertilizer. Targeting the fruit, vegetable, turf, ornamentals and cannabis industries, MustGrow has designed a United States EPA-approved organic solution that uses the mustard seed's natural defence mechanisms to protect plants from pests and diseases. Approximately $9 million has previously been spent and 110 independent tests completed, validating MustGrow's remarkably safe and effective granular product.

MustGrow's granular product is EPA-approved across all key U.S. states as a fertilizer and pesticide (currently limited to fertilizer in California) and is designated by Health Canada's PMRA (Pest Management Regulatory Agency) as a fruit, vegetable, turf and ornamental biopesticide and biofertilizer.

In cannabis, MustGrow is currently developing reliable, safe and biological solutions that adhere to Health Canada's strict regulations. MustGrow is positioning its signature product as an effective pre-plant soil treatment, reducing the chance for any added soil introduced to a greenhouse to bring in pests or diseases. MustGrow expects its biopesticide and biofertilizer will help licensed cannabis producers control the same conditions addressed in fruit and vegetable crops.

The Company has 25.0 million basic common shares issued and outstanding and 36.9 million on a fully-diluted basis. For further details, including MustGrow's corporate presentation, please visit www.mustgrow.ca.

 

CLOSES FIRST TRANCHE OF FINANCING FOR $1,200,000

 

monie

 

 

 

Max Resource Corp. (MXR.V) closed a first tranche of its non-brokered private placement offering, as previously announced on June 17, 2019, for total gross proceeds of $1.2-million.

The Company has allotted and issued 12,000,000 units at a price of $0.10 per unit. Each unit is comprised of one common share and one-half of one transferable share purchase warrant, with each whole warrant entitling the holder to purchase one additional common share of the Company for a period of up to 24 months at a price of $0.15.

In connection with the Placement, the Company paid total finder's fees of $80,080 and issued an aggregate 800,800 non-transferable broker warrants. Each broker warrant entitles the holder to acquire one common share of the Company at an exercise price of $0.15 for a period of 24 months from closing.

The Company intends to use the proceeds from the Placement towards advancing the Company's North Choco gold-copper and Choco gold-platinum projects and for general working capital purposes. The securities issued under the Placement will be subject to a four-month and one-day hold period expiring on November 10, 2019. The Placement remains subject to the final approval of the TSX Venture Exchange.

About Max Resource Corp.

Max is a mineral exploration company focused on the development and expanding its landholdings in the rich Choco mineral belt of Colombia. The Company has established significant exploration infrastructure and local community support for the Choco Gold-Platinum project, located 100 km SW of Medellin, which covers, or is adjacent to, historic production of 1.5 million ounces of gold and 1.0 million ounces of platinum. The North Choco Gold-Copper project lies adjacent to the Choco Gold-Platinum project. The Gachala copper project is located 60 km east of Bogota. The Company is led by a seasoned management team with a record of significant discovery and exploration success.

http://www.maxresource.com

AWARDED HEALTH CANADA INDUSTRIAL HEMP CULTIVATION LICENSE

 

MJ

 

Bevcanna Enterprises Inc. (BEV.C) has been awarded an Industrial Hemp Cultivation License from Health Canada, pursuant to the Cannabis Act (Canada) (the "Hemp License"). This highly-coveted license is a significant step in Bevcanna's plan to launch a portfolio of CBD-infused beverages and other consumable products. Bevcanna also anticipates the issuance of their Standard Processing and Research Licenses from Health Canada.

Securing this first license allows Bevcanna to produce low-cost, high-quality, sungrown hemp biomass for extraction of cannabidiol (CBD), derived from their 100-acre outdoor cultivation site in the highly fertile Okanagan region of British Columbia. Extracted CBD is then infused into premium spring water, sourced from a pristine and naturally alkaline aquifer, to which Bevcanna holds exclusive rights in partnership with Naturo Springs. The unique combination will be the basis for a range of innovative CBD beverage products, for both in-house brands and white-label clients.

"Our vision is to create a compelling portfolio of products that appeal to a wide variety of consumer tastes," said Marcello Leone, CEO of Bevcanna. "Consumers want choice in their CBD-infused products, and we plan to fill that gap in the market. Building on our decades of experience in developing, bottling and marketing premium quality beverages, we have the infrastructure and resources to develop quickly into a vertically-integrated operation. This puts us squarely on the path to becoming category leaders in the infused products landscape."

"We're also pleased that this license allows us to further expand our presence and identity as a B.C.-based company," continued Leone. "We take great pride in our B.C. roots and we've continued to grow and bring prosperity to the region over the past ten years, through our Naturo Springs operation. This license enhances our ability to contribute in a meaningful and prosperous way to the B.C. economy."

About Bevcanna

Bevcanna Enterprises Inc. (CSE: BEV) plans to develop and manufacture cannabinoid-infused beverages and consumer products for in-house brands and white label clients. With decades of experience creating, branding and distributing iconic brands that have resonated with consumers on a global scale, the team demonstrates an expertise unmatched in the emerging cannabis beverage category. Based in British Columbia, Canada, Bevcanna has a 100-acre outdoor cultivation site in the fertile Okanagan Valley and the exclusive rights to a pristine spring water aquifer, as well as a world-class 40,000-square-foot, HACCP certified manufacturing facility, with a current bottling capacity of up to 72M bottles. Bevcanna's vision is to be a global leader in infused innovations.

EXPANDS NORTH CHOCO TO INCLUDE TWELVE HISTORIC GOLD MINES AND FOUR SIGNIFICANT GOLD ZONES

 

 Max Map

 

Max Resource Corp.'s (MXR.V) North Choco property area has been expanded by strategic staking to 950 square kilometres and now encompasses 12 historic gold mines and four gold anomalies that are collectively spread over an area of 80 square km. The North Choco Gold-Copper Project is located 80 km SW of Medellin, Colombia. Max is acquiring North Choco, through the pending acquisition of Andagueda Mining Pty. Ltd. (see news release of May 8, 2019). Highlights include:The newly added and adjacent south area (380 sq. km) encompassing 11 historic gold mines and 3 historic gold anomalies including; Anomaly A at 8 km long and up to 9 km wide; Anomaly B at 11 km long and up to 1.5 km wide; and Anomaly C South at 2 km long and up to 3 km wide;The adjacent eastern area (70 sq. km) containing 1 historic gold mine and 2 historic gold anomalies; Anomaly C at 3 km long and up to 6 km wide; and Anomaly D at 4 km long and up to 1.5 km wide;The Nuevo Chaquiro (6.1Moz gold &#38; 3.95Mt Cu) deposit is located 18 km north of the east property and 32 km north of the south property northern boundaries; Max cautions investors that results from nearby properties are not necessarily representative of the mineralization hosted at North Choco; andMax consultants are currently reviewing data from a recent cloud-stitched Longwave InfraRed (LWIR) survey which covered both the south and eastern properties, including the 4 anomalous gold zones.

"We are very excited with the North Choco expansion, as gold is an important part of our exploration portfolio," Max CEO, Brett Matich, stated. "We continue to focus on our land expansion strategy within the Choco and North Choco region where mining companies have pursued this opportunistic mineral belt for over a decade," he continued.Figure 1To view an enhanced version of Figure 1, please visit:https://orders.newsfilecorp.com/files/3834/45844_c361dbc2f416d901_002full.jpg

North Choco Gold-Copper and Choco Gold-Platinum

North Choco Gold-Copper (950 sq. km) is contiguous to properties held by AngloGold Ashanti and Continental Gold and includes rights to exploration and exploitation over a 72.5 sq. km mining area.

Max's first exploration objective was to confirm the anomalous zones discovered by AngloGold by chip sampling the rich gold tunnels which confirmed gold and copper including 155g/t gold, 2.8% copper and 551pmm cobalt over 0.4m (see news release of May 30, 2019). The Company also discovered an area of mineralized granodiorite assay results including 80.44 g/t gold, 1.82% copper and 264ppm cobalt over 0.3m (see news release of June 12, 2019). Further assay results identified a significant newly discovered 37.5 sq. km of anomalous copper which is open in all directions (see news release June 5, 2019). Assays are pending from sampling a second area located 20 km south of the 37.5 sq. km anomalous copper zone.

North Choco is 47 km SW of AngloGold's 2005 Nuevo Chaquiro copper porphyry discovery, which hosts an inferred resource of 604Mt at 0.65% copper and 0.32g/t gold with a contained metal content of 4 million tons of copper and 6 million ounces of gold. This is one of five known porphyry centres within a 15 sq. km area. The Nuevo Chaquiro Resource is disclosed in the AngloGold presentation "Discovery and Geology of the Nuevo Chaquiro Cu-Au (Ag-Mo) Porphyry Deposit".

Max cautions investors that results from adjacent and nearby properties are not necessarily representative of the mineralization hosted at North Choco.

Choco Gold-Platinum (2,140 sq. km) is located adjacent to and SW of North Choco Gold-Copper and covers or is adjacent to historic production of 1.5Mozs gold and 1.0Mozs platinum (1906 - 1990). Free gold was observed from hard-rock conglomerates (see news release January 30, 2019), which has confirmed the model that originally, the entire system was essentially in-situ, the higher grades are interpreted to lie above the hard-rock base approximately 10 to 20m from surface. Surface concentrate highlights include 340g/t gold and 113g/t platinum (see news release April 16, 2019). Currently test work continues on accessing the fine gold within the hard-rock. Mapping and sampling of the newly discovered hard-rock exposures that underlie the extensive areas of historic production is now underway.

Source for Choco: R.J. Fletcher and Associates (2011) Review of Gold and Platinum Exploration and Production in Choco Province Colombia Part 3. Private Report for Condoto Platinum Ltd.)

About Cloud-Stitched Longwave InfraRed (LWIR) Surveys

Max Resource conducted a cloud-stitched long-wave infrared (LWIR) survey over the area of the 4 historic anomalies. Historically, satellite imagery has been hindered because of year-round cloud cover. This survey sourced multiple bands through the gaps in the clouds over a 20-year period and stitched the imagery together.

LWIR analysis, through proprietary processing of Aster satellite data, has the ability to map or identify, through reflectance spectroscopy against a set of known standards, mineral distribution over extremely large areas covered by vegetation and shallow cover. The ground-penetrating nature of infrared radiation in the long-wave bands allows viewing of various mineral spectra in the first 30 to 60 centimetres of the earth's surface.

About Max Resource Corp.

Max is a mineral exploration company focused on the development and expanding its landholdings in the rich Choco mineral belt of Colombia. The Company has established significant exploration infrastructure and local community support for the Choco Gold-Platinum project, located 100 km south of Medellin, which covers, or is adjacent to, historic production of 1.5 million ounces of gold and 1.0 million ounces of platinum. The North Choco Gold-Copper project lies adjacent to the Choco Gold-Platinum project. The Gachala copper project is located 60 km east of Bogota. The Company is led by a seasoned management team with a record of significant discovery and exploration success.

Tim Henneberry, PGeo (British Columbia), a member of the Max Resource Advisory Board, is the Qualified Person who has reviewed and approved the technical content of this news release on behalf of the Company.

DELIVERS CANNASTRIPS TO BRAND COLLABORATION PARTNER LA KUSH

 

 

download

 

 

Lifestyle Delivery Systems Inc. (LDS.C) has delivered its flagship product, CannaStrips, to California Herbal Remedies (CHR) for rollout in collaboration with California powerhouse brand, LA Kush.

CHR is an award-winning dispensary, located off the 710 freeway in Los Angeles California. CHR has been in business for over 11 years and is the winner of the 2016 Leafly's dispensary list of the West Coast. The owner of both CHR and the very well-known LA Kush brand have received several awards for their flowers and vape strains in recent years. To promote and increase brand awareness of CannaStripsTM, CHR has taken delivery of and will include 2,500 ten-packs as a promotional offering to their customers. Each customer that purchases LA Kush product will be bundled with a ten-pack of CannaStripsTM. Lifestyle Delivery Systems is working with LA Kush on dual advertising campaigns that will be promoted to 82,000 LA Kush Instagram followers and other various media outlets.

President of LDS, Casey Fenwick, stated, "LA Kush's market presence is undeniable and having CannaStripsTM marketed along with LA Kush gives CannaStripsTM instant brand recognition and exposure. It is a great pairing of two completely different products that provide a consumer with options for consuming cannabis. LA Kush sells an immense amount of product and has a huge and loyal customer base. We truly are excited to be working with CHR on this collaborative marketing effort and fully expect that the results of this marketing campaign will bolster the growth of the CannaStripsTM brand."

About CSPA Group Inc.

CSPA Group, Inc. is located in Adelanto, California and is a City-Permitted and State-Licensed manufacturer and distributor/transporter in the California cannabis industry. CSPA Group manufactures extracted oils and distillates, and producing CannaStripsTM under a license agreement with Lifestyle Delivery Systems Inc., a British Columbia corporation.

About CannaStrips TM

CannaStripsTM is formulated oral strip for effective buccal mucosal delivery that disrupts the barrier created by saliva coating the mucosal membrane for the active materials (in this case cannabinoids) which have been nanoparticulated and encapsulated to penetrate the multiple layers of mucosal and sub-mucosal membranes to the blood stream. Once in the blood stream the encapsulation is undetectable as a foreign material by the liver. This undetectability allows the material to avoid being filtered out of the blood stream by the liver. The encapsulation also is more effective in penetrating the blood-brain barrier and allowing for greater bioavailability and extending the effective time from a single dose.

About Lifestyle Delivery Systems Inc.

Lifestyle Delivery Systems Inc. is a technology company that licenses its technology to a state-of-the-art production and packaging facility located in Southern California. The Company's technology produces infused strips (similar to breath strips) that are not only a safer, healthier option to other forms of delivery but also superior bioavailability of cannabis constituents. Some strips will also include supplemental co-active ingredients such as nutraceuticals, vitamins and peptides. The technology provides a new way to accurately meter the dosage and assure the purity of selected product. From start to finish, the production process, based on the Company's technology, tests for quality and composition of all the ingredients used in each and every strip which results in a delivery system that is safe, consistent and effective.

Samples 80.44 g/t Gold, 1.82% Copper and 264 pmm Cobalt over 0.3 m at North Choco 
 
 
Gold sample
 
 
 
MAX RESOURCE CORP.  (TSX.V: MXR; OTC: MXROF; Frankfurt: M1D1)   reported further assay results from its exploration program at the North Choco Gold-Copper project, located 80 km SW of Medellin, Colombia. Max is acquiring North Choco, through the pending acquisition of Andagueda Mining Pty. Ltd. (see news release of May 8, 2019). Highlights include:
  • Five of twenty-three chip samples returned grades ranging from 1.58 g/t gold to 80.44 g/t gold;
  • The 80.44 g/t gold sample included a copper value of 1.82% and 264 ppm cobalt and, most importantly, came from an area of mineralized granodiorite;
  • The chip samples were taken over various widths from 2 locations within a 400 metre by 700 metre exploration area centred on the historic gold mines; and
  • All samples lie within the 37.5 sq. km anomalous exploration area.
“We continue to report significant gold and copper grades plus notable cobalt. While some of the samples come from the known mineralization, others come from bedrock locations well removed from the known mineralization” Max CEO, Brett Matich, stated. “Our strategy is to expand our exploration efforts in all directions within the 500 sq. km land package,” he continued.
For the complete release please visit the website link below.
 
About Max Resource Corp.
 
Max is a mineral exploration company focused on the development and acquisition of prospective projects in the rich mineral belts of Colombia. The Company has established significant exploration infrastructure and local community support for the Choco Gold-Platinum Project, covering an area of 2,140 sq. km, located 100 km south of Medellin, over or adjacent to historic production of 1.5M ozs gold and 1.0M ozs platinum. The Company’s Gachala Copper Project, is located 60 km east of Bogota. The Company is led by a seasoned management team with a track record of significant discovery and exploration success. 
 
 

Commences 2019 Exploration

 

Exploration

Universal Copper Ltd. (UNV.V) announced the commencement of its 2019 exploration program at its 62,000 hectare Poplar copper property, southwest of Houston, British Columbia.

Prior to executing the 2019 drilling program, Universal is undertaking ground surveys to evaluate a number of the peripheral gold targets identified during historic exploration programs and/or by the 2018 Long Wave InfraRed Survey (See December 11, 2017 News Release). The program will consist of prospecting, mapping, soil and rock sampling concentrating in the western portion of the property where last year's forest fire should provide new outcrop exposure in a number of the target areas. The Company anticipates developing multiple drill targets as a result of this exploration program.

Universal completed a widely spaced three-hole diamond drill program late in 2018 (See January 22, 2019 News Release). Highlights from the drilling campaign include:

  • 18-PC-126 was mineralized from top of bedrock to full depth, averaging 0.365% Cu, 0.015% Mo, 0.145g/t Au and 2.31 g/t Ag over 380.97 metres. The last 30.17 metres contained the strongest mineralization: 0.554% Cu, 0.027% Mo, 0.104g/t Au and 4.44 g/t Ag; indicating the historic IP conclusion of mineralization continuing to depth appears valid.
  • 18-PC-127 was mineralized from top of bedrock to full depth, averaging 0.421% Cu, 0.013% Mo, 0.105g/t Au and 2.63 g/t Ag over 264.86 metres, including a 27 metre interval averaging 0.643% Cu, 0.030% Mo, 0.146g/t Au and 2.62 g/t Ag.
  • 18-PC-127 intersected 0.330% Cu, 0.002 % Mo, 0.118 g/t Au and 3.46 g/t Ag over 151.10 metres between 122.8 metres and 273.9 metres
  • Mineralization consists of both dissemination pyrite and chalcopyrite and stockwork vein to veinlet pyrite, chalcopyrite and molybdenite.

 

 

18-PC-126

18-PC-127

18-PC-127

ppm Cu

ppm Mo

ppm Au

ppm Ag

ppm Cu

ppm Mo

ppm Au

ppm Ag

ppm Cu

ppm Mo

ppm Au

ppm Ag

max

6960

913

0.217

35.60

9150

1200

0.304

81.50

8240

68

0.286

24.90

min

2090

30

0.048

0.50

901

1

0.027

0.43

463

2

0.027

0.74

median

3540

114

0.102

1.07

3940

93

0.094

1.79

3030

9

0.110

2.46

mean

3576

122

0.100

1.35

3865

44

0.094

1.81

3124

10

0.111

2.57

 

 

About the Poplar

 

The Poplar copper deposit hosts an historical indicated mineral resource of 131 million tonnes grading 0.31 per cent copper, 0.009 per cent molybdenum, 0.09 gram per tonne gold and 2.39 grams per tonne silver, and a historical inferred mineral resource of 132 million tonnes grading 0.27 per cent Cu, 0.005 per cent Mo, 0.07 g/t Au and 3.75 g/t Ag has been identified through the drilling of 147 historical holes. These historical indicated and inferred resources were disclosed by Lions Gate Metals Inc. in its technical report dated March 30, 2012, prepared by Gary Giroux, PEng.

To determine the historical resource, a 3-D solid was constructed to constrain the mineralized area, using a 0.1-per-cent-copper-grade shell as a guide. Large internal waste zones were modelled as were some larger-post-mineral dikes. Of the total database, 129 drill holes totalling 37,205 metres were within the mineralized zone and were used to estimate the resource. Drill holes were compared with the mineralized solid, and assays were tagged if inside. Copper, molybdenum, gold and silver assays within the mineralized solid were capped at 1.4 per cent Cu, 0.14 per cent Mo, 0.34 g/t Au and 41 g/t Ag, respectively. Five-metre composites were formed and used for variography.

For this estimate and to aid with some preliminary planning, the blocks were reduced to five by five by 10 metres in dimension and were estimated for Cu, Mo, Au and Ag by ordinary kriging. The historical resource is classified as indicated and inferred based on each block's proximity to data and the grade continuity. The historical indicated and historical inferred resource uses the categories set out in Section 1.2 of National Instrument 43-101.

Universal Copper will need to review and verify the historical drilling database and twin a number of the existing drill holes to make the historical resources current. Investors are cautioned a qualified person has not done sufficient work to classify the historical estimate as current mineral resources or mineral reserves and therefore the Company is not treating the historical estimate as current mineral resources or mineral reserves.

 

www.universalcopper.com

Announces Closing of Non-Brokered Private Placement for $11,300,000

images 16

 

Benchmark Botanics (BBT.C) announced that, further to its news release of May 1, 2019, the Company has closed its non-brokered private placement financing of 28,250,000 units at a price of $0.40 per Unit for a total gross proceeds of $11,300,000. 

Each Unit is comprised of one common share of the Company  and one common share purchase warrant. 

Each Warrant shall be exercisable into one Share at a price of $1.00 for a period of 24 months from the closing date of the Private Placement.

The Company intends to use the proceeds from the sale of the Units for general working capital purposes and the costs of setting up the Company's extraction operations. 

The Private Placement is subject to acceptance by the Canadian Securities Exchange.

All securities issued in connection with the Private Placement are subject to a statutory hold period expiring four months and one day after the closing of the Private Placement. Completion of the Private Placement is subject to regulatory approval.

About Benchmark Botanics Inc.

Benchmark Botanics is a diversified multi-licensed cannabis producer focused on a three-way vertical business model targeting the medical, pharmaceutical, and recreational markets in Canada and the EU. The Company's business plan also includes a strategy to become a Canadian licensed producer to pioneer selling medical cannabis and hemp in China and throughout Asia.

Benchmark Botanics is focused on producing the highest-quality, indoor-grown cannabis for patients and adult recreational consumers, as well as developing international business partnerships to extend the Company's global footprint.

Benchmark Botanics' 100% owned subsidiary, Potanicals Green Growers Inc. is a Health Canada licensed producer under the Cannabis Act and its regulations (formerly ACMPR). The Company is producing at its indoor Peachland Cannabis Complex and is in the design stage for a Phase II expansion there. Along with cultivation and production, the company's Peachland BC facility also provides propagation, cultivation, cloning, storage, research and development, genetics and is progressing towards CBD oil extraction and an EU-GMP certification.

As part of its expansion strategy the company is building a second facility, a 4-acre Pitt Meadows Greenhouse Operations in BC through a joint venture (earn-in agreement) with 1139000 BC Ltd.

The Company has established several European Union partnerships including the rights to "The Bulldog" trademark in Canada. The Bulldog trademark has a long-established successful history as one of the most well-known cannabis cafe brands in Amsterdam and around the world.

Benchmark Botanics has also established German commercial partnership to potentially export the Company's products into the EU markets.

 www.benchmarkbotanics.com

ACQUIRES HEALTH CANADA APPROVED LICENSED PRODUCER AND PROCESSOR

 

 

medical marijuana 570x230

 

 

Pasha Brands Ltd. (CRFT.C) has acquired Medcann Health Products Ltd., a fully licensed, Health Canada-approved standard facility to process, cultivate and sell medical cannabis under the Cannabis Act regulations. Prior to its acquisition by Broome Capital Inc., the privately held Pasha Brands Ltd. had previously entered into a letter of intent to acquire Medcann, dated effective April 30, 2019.

This acquisition will allow subsidiary company BC Craft Supply Co. Ltd. to accelerate its pace of growth in Canada's new craft cannabis sector. BC Craft acts as a service provider to small farmers under the newly created Health Canada licence category known as microcultivator. In exchange for a cannabis supply agreement with a microcultivator, BC Craft assists the applicant in receiving its licence with Health Canada and provides a whole host of services ranging from quality assurance to the marketing of its cannabis products in Canada's provincial and territorial markets.

With approximately 10,000 square feet of space, on an acre of land on Vancouver Island, Medcann was granted its processing, cultivation and sales licence by Health Canada in March, 2019. Medcann provides Pasha with an immediate pathway to bring craft cannabis products to market under Health Canada's new microcultivation licence category. The Medcann facility will test, process and package high-quality craft flower, and package this flower for distribution throughout Canada. In addition to flower sales, it is expected that Medcann will process cannabis for Canada's emerging oil market through an extraction lab to be developed at the facility. Pasha currently owns nine prohibition-era cannabis brands which Canadians were purchasing in the prelegalization era. As regulations permit, Pasha will distribute product under these leading brands throughout Canada.

There is a growing supply gap for cannabis in Canada as licensed producers are unable to meet consumer demand. Through BC Craft, Pasha will focus on bringing microcultivators into the market. The microcultivation licensing program allows for the processing of approximately 500 kilograms of dried flower per year, per microcultivator. More than just a viable solution for closing the supply gap, this provides consumers with high-quality craft cannabis products that are differentiated from others in the space. Under the microcultivation program, the BC Craft network will look to add and assist hundreds of producers. For every 100 microcultivators BC Craft secures, up to 50,000 kilograms of world-class craft cannabis could be available to the market via Canada's regulated supply chain.

In consideration for the acquisition of all of the outstanding share capital of Medcann, Pasha has completed a cash payment of $3-million and has issued 14,444,445 common shares at a deemed price of 90 cents per share, to the existing shareholders of Medcann.

The consideration shares are subject to a pooling arrangement which restricts the ability of the holders to transfer or trade the shares. The consideration shares will be released from the pooling arrangement over a period of 18 months, with 25 per cent of the shares released immediately upon completion of the acquisition, and the balance released in six equal tranches every three months thereafter. In the event the volume-weighted average closing price of the Pasha common shares is less than 72 cents in the 20 trading days prior to the expiry of the pooling arrangement, the shareholders of Medcann will be entitled to receive additional consideration shares to guarantee the value of the consideration they receive.

Following completion of the acquisition, Medcann will also hold the right to acquire the property on which its facility is located in consideration for a further cash payment of $1.2-million. The property is currently subject to a lease arrangement which permits the operation of the facility.

In connection with completion of the acquisition, Pasha intends to issue 1,066,667 common shares as a finder's fee to certain arm's-length parties who assisted Pasha in facilitating the transaction. All shares issued as a finder's fee will be subject to a four-month-and-one-day statutory hold period in accordance with applicable securities laws.

About Pasha Brands Ltd.

Based in Vancouver, British Columbia, Pasha is a vertically integrated prohibition-era brand house that is firmly rooted in BC's craft cannabis industry, which boasts an international reputation. With proven capabilities in cannabis cultivation, genetic research and development, product processing, and retail, Pasha is uniquely positioned in the new legal cannabis market through its network of hundreds of craft cannabis suppliers under the Pasha umbrella.

Pasha's subsidiary, BC Craft, is also developing a craft cannabis campus, which is dedicated to bringing craft quality into the newly legal cannabis market in Canada. BC Craft is driven to assist craft growers in obtaining security clearance and licensing to grow as micro-cultivators, specializing in education and compliance to bring growers into the regulated cannabis supply market.

OUTLINES GOLD COPPER ZONE AT NORTH CHOCO

 

TAC Gold Grab

Max Resource Corp. (MXR.Vprovided further results from its initial sampling program at the North Choco gold-copper property, identifying anomalous gold and copper at surface within an area approximately five kilometres by 7.5 kilometres, open in all directions. Max is acquiring the North Choco Property, located 80 km SW of Medellin, Colombia, through the pending acquisition of Andagueda Mining Pty. Ltd. (see news release of May 8, 2019). A total of 74 rock chip samples were taken in the area with gold values ranging from 5 to 80,000 ppb (80 g/t) gold and copper values ranging from 14.5 ppm to 18,200 ppm (1.82%) copper;Average grades were 537 ppb gold and 640 ppm Copper, medians were 25 ppb Au and 171 ppm Cu;Sample widths of the individual chip samples ranged from 0.125 to 1.00 metres with the majority in the 0.30 to 0.40 metre range;Copper minerals included: chalcopyrite, chalcocite and occasional bornite;Assay results are pending on a further 88 samples.

"Our exploration campaign continues to produce excellent results" Max CEO, Brett Matich, stated. "We have already identified a large area of anomalous gold copper mineralization and will now focus on expanding mineralization foot print, with further assay results pending," he continued. Image 1To view an enhanced version of Image 1, please visit:https://orders.newsfilecorp.com/files/3834/45313_09f790c5c47efa0a_002full.jpg

 

North Choco Gold-Copper and Choco Gold-Platinum

North Choco Gold-Copper (500 sq. km) is located 80 km SW of Medellin and is contiguous to properties held by AngloGold Ashanti and Continental Gold and includes rights to exploration and exploitation over a 72.5 sq. km Mining Area.

North Choco is 47 km SW of AngloGold's 2005 Nuevo Chaquiro copper porphyry discovery, hosting an inferred resource of 604Mt at 0.65% copper and 0.32g/t gold with a contained metal content of 4 million tons of copper and 6 million ounces of gold. This is one of five known porphyry centres within a 15 sq. km area. The Nuevo Chaquiro Resource is disclosed in the AngloGold presentation "Discovery and Geology of the Nuevo Chaquiro Cu-Au (Ag-Mo) Porphyry Deposit". Max cautions investors results from adjacent and nearby properties are not necessarily representative of the mineralization hosted at North Choco.

AngloGold Ashanti examined the North Choco area for porphyry copper in 2005, locating porphyry copper prospects and anomalies. AngloGold was unable to follow up and the area has sat idle until Andagueda Mining completed its historic agreement earlier this year.

Max's Choco Gold-Platinum Property (2.140 sq. km) is located adjacent to and SW of North Choco Gold-Copper and covers or is adjacent to historic production of 1.5Mozs gold and 1.0Mozs platinum. Free gold was observed from hard-rock conglomerates taken from surface in February of 2019. A follow up Long Wave InfraRed (LWIR) survey identified multiple conglomerate zones spread over a 1,000 sq. km area. Test work is continuing on accessing the fine gold within the conglomerates and the second phase exploration program will commence soon. Source for Choco: R.J. Fletcher and Associates (2011) Review of Gold and Platinum Exploration and Production in Choco Province Colombia Part 3. Private Report for Condoto Platinum Ltd.)

 

http://www.maxresource.com/

Max Reports 6.4% Copper at North Choco 
 
 
copper
 
 
 
Max Resources (MXR.V) reported the over 1% limit copper assays for its initial results from its 10-week exploration program now underway at the North Choco copper gold project, located 80 km SW of Medellin, Colombia. Max is acquiring the North Choco Property through the planned acquisition of Andagueda Mining Pty. Ltd. (see our news release of May 8, 2019). Assay highlights include:
 
  • Three of the initial 23 samples report values at the upper 1% limit for copper in the initial analysis;
  • Subsequent re-analysis of these three samples returned copper values of 2.766% copper, 6.449% copper and 1.357% copper all over 0.4 metres;
  • Seven of 23 chip samples had already returned grades ranging from 155.27g/t gold to 2.94g/t gold;
  • Again, the rock chip samples, taken over intervals ranging from 0.25 to 1.00 metres, were taken over various widths from 4 locations within a 400 metre by 700 metre exploration area centred on the historic gold mines; and
  • Max is five weeks into the 10-week North Choco exploration program and further results will be released after receipt and interpretation.
 
“We are very pleased with the initial assays from our ongoing exploration campaign, which are now delivering significant grades of copper to augment the high-grade gold results previously reported,” Max CEO, Brett Matich, stated. “Our exploration activities efforts continue to identify extensive mineralization throughout the 500 sq. km land package, with further assay results pending,” he continued.
 
 
Details for the seven samples can be found in the accompanying table, with the copper re-assays reported today indicated in bold:
 
 
Sample
ID
Gold
(gram/ton)
Copper
(ppm)
Cobalt
(ppm)
Location
 
Description
 
Width
(metres)
19000188
155.27
27,658
551
Morron
Vein zone with pyrite, chalcopyrite, galena
0.4
19000189
27.15
1,369
368
Morron
Vein zone with pyrite, chalcopyrite, galena
0.4
19000187
18.23
64,490
513
Morron
Vein zone with pyrite, chalcopyrite, galena
0.4
19000185
8.52
13,570
142
Morron
Vein zone with pyrite, chalcopyrite, galena
0.4
19000194
4.52
6,780
194
QMW
Granodiorite with pyrite & chalcopyrite
0.25 
19000197
3.92
69
26
Bocamina
Granodiorite with pyrite & chalcopyrite
0.4 
19000298
2.94
137
69
California
Basalt diorite, contact zone
0.3
 
For the complete news release please visit the website link below.
 
 
 
About Max Resource Corp.
 
Max is a mineral exploration company focused on the development and acquisition of prospective projects in the rich mineral belts of Colombia. The Company has established significant exploration infrastructure and local community support for the Choco Gold-Platinum Project, covering an area of 2,140 sq. km, located 100 km south of Medellin, over or adjacent to historic production of 1.5Mozs gold and 1.0Mozs platinum. The Company’s Gachala Copper Project, is located 60 km east of Bogota. The Company is led by a seasoned management team with a track record of significant discovery and exploration success. 
 

SIGNS DEFINITIVE INVESTMENT COOPERATION AGREEMENT WITH CHINA-BASED ZHEJIANG YATAI PHARMACEUTICAL PHARMACEUTICAL

 

 

partnership

 

 

Benchmark Botanics Inc. (BBT.C)  has signed a definitive agreement with China-based Zhejiang Yatai Pharmaceutical Co. Ltd., a publicly listed company on the Shenzhen Stock Exchange, to set up a joint venture company in Canada.

Subject to compliance with relevant Canadian Cannabis Laws, the new company will explore business opportunities in the Cannabis industry to become involved in cultivation, manufacture, processing, and marketing of high cannabidiol ("CBD") cannabis products; in the cultivation and R&D of medical cannabis; and in the extraction, isolation, and purification of high-CBD cannabis oil for commercial applications. This definitive agreement solidifies the terms of the Letter of Intent of Strategic Cooperation between Benchmark and Zhejian Yatai, which was reported in a news release on May 7, 2019.

"This agreement with Zhejiang Yatai is a significant milestone for Benchmark Botanics," said William Ying, CEO of Benchmark Botanics. "Zhejiang Yatai is a Top 500 Chinese corporation and is a leader and an innovator in the pharmaceutical industry. Benchmark is the perfect partner to take Zhejiang Yatai's drug research and development, production and sales in the pharmaceutical field and synergize with Benchmark's expertise in cannabis cultivation and extraction."

On May 27, 2019, the companies signed the definitive investment cooperation agreement, whereby the parties agreed to set up the new joint venture company in Canada. The new company will have a share capital of $14 million, of which Zhejiang Yatai will invest $7 million cash, accounting for 50% of the new company's share capital; BBT will cause its wholly-owned subsidiary Potanicals Green Growers Inc. ("PGG") to use its existing Health Canada issued license to apply for a license for property to be acquired by the new company (the "Facility") for cannabis cultivation, processing, and sale thereon and in exchange BBT will receive 25% of the new company's share capital (with a cash equivalent of $3.5 million); and Rippington Investment ("RI") will invest $3.5 million, accounting for the remaining 25% of the new company's share capital.

 

Objective of the Agreement

The objective of the Investment Cooperation Agreement is to explore business opportunities in the Cannabis industry, subject to compliance with Canadian Cannabis and Hemp Regulations and Act, to become involved in cultivation, manufacture, processing, and marketing of high CBD (cannabidiol) cannabis products; the cultivation and R&D of medical cannabis; and the extraction, isolation, and purification of high-CBD cannabis oil for commercial; and any other activities as approved by the Board of Directors. Future products from the joint venture company may also be marketed, sold and distributed in countries and jurisdictions where cannabis products are legal.

 

NOTE: For the complete release visit the link below.

https://benchmarkbotanics.com/investors/news/news-2019/84-enchmarkignsefinitivenvestmentooperationgreement20190529.html

155 g/t Gold at North Choco 
 
 
Gold sample 4
 
 
MAX RESOURCE CORP. (TSX.V: MXR; OTC: MXROF; Frankfurt: M1D) reported the first assays from its 10-week exploration program now underway at the North Choco copper gold project, located 80 km SW of Medellin, Colombia.
 
Assay highlights include:
 
•            Seven of 23 chip samples returned grades ranging from 155.27g/t gold to 2.94g/t gold;
•            Three of the 7 samples returned values of >10,000 ppm copper, in excess of the upper detection limit, and will need to be reanalyzed to determine the final grade;
•            The chip samples were taken over various widths from 4 locations within a 400 metre by 700 metre exploration area centred on the historic gold mines;
•            Max is three weeks into the 10-week North Choco exploration program and further results will be released after receipt and interpretation.
 
“We are very pleased with this first round of assays from our intensive exploration campaign. The assay results are delivering significant grades of gold and we expect the copper re-assay results very soon,” Max CEO, Brett Matich, stated. “Our strategy is to expand our exploration efforts in all directions within the 500 sq. km land package.” 
 
 
For the complete release please visit the website link below.
 
 
 
About Max Resource Corp.
 
Max is a mineral exploration company focused on the development and acquisition of prospective projects in the rich mineral belts of Colombia. The Company has established significant exploration infrastructure and local community support for the Choco Gold-Platinum Project, covering an area of 2,140 sq. km, located 100 km south of Medellin, over or adjacent to historic production of 1.5Mozs gold and 1.0Mozs platinum. The Company’s Gachala Copper Project, is located 60 km east of Bogota. The Company is led by a seasoned management team with a track record of significant discovery and exploration success. 
 
 
 
 

Identifies Outcrops Along a 1,100 m Magnetic Trend; Marudi Gold Project, Guyana

 

download

 

 

Guyana Goldstrike (GYA.V) reported identification of previously unmapped outcrops along 1,100 metres of a magnetic quartzite-metachert trend on its Marudi Gold Project ("Marudi" or the "Property") located in the Guiana Gold Belt, Guyana, South America.

North of Mazoa Hill, which is location of the present 43-101 resource, the geological team identified and mapped several weathered outcrops of magnetic quartzite-metachert, within a length of 1,100 metres. Twenty-five grab samples from four outcrops have returned and confirmed the presence of gold mineralization with gold values by fire assay up to 1.04 ppm Au.

Gold mineralization that is hosted in quartzite-metachert at Mazoa Hill is associated with a magnetic anomaly. This magnetic anomaly extends northerly from Mazoa Hill for approximately 1,700 metres. The identification of auriferous quartzite-metachert host rock on surface along the northerly trend of the magnetic anomaly indicates the importance of this exploration target.

The magnetic feature that coincides with the Mazoa Hill occurrence is considered underexplored. This strong linear magnetic anomaly trends both north and south of Mazoa Hill for a total length of approximately 5 km, of which about 7.5% has been tested by previous drilling.

Targets in the vicinity of Mazoa Hill offer the potential to expand known mineralization and to increase the mineral resource by exploratory drilling. The company is prioritizing drill targets for its planned 2019 phase one diamond drilling program.

Current Gold Zones and Mineral Resource Estimates at Marudi

The Mazoa Hill Zone contains the Company’s current mineral resource estimate. The Toucan Ridge area is located approximately one kilometre north of the Mazoa Hill zone. Data analyzed suggests that the mineralized zone is open at depth and to the southeast. Mazoa Hill zone mineral resource estimates:

  • 259,100 indicated gold ounces within 4,428,000 tonnes grading 1.80 g/t;
  • 86,200 inferred gold ounces within 1,653,000 tonnes grading 1.60 g/t

For further information regarding the resource estimates, readers are encouraged to review the technical report “Marudi Property Mazoa Hill Mineral Resource Estimate”, available under the Company’s profile on SEDAR.

 

About Quartzite-metachert (Host Rock) at Marudi

 

At Marudi, all important gold mineralization discovered to date is associated with the medial quartzite-metachert (host rock) unit of the Marudi Mountain Formation. Gold occurs within the magnetite-hematite rich quartzite and in the magnetite-silicate iron formation. Mineralization of the host rock may be affected at surface by the erosion at different levels of the strata. Therefore, all discoveries of quartzite-metachert on the Property are considered important for the potential of containing mineralization at surface and/or at depth and should be explored through trenching and drilling.

 

 

About the Marudi Gold Project

The Company is developing the Marudi Gold Project located in Guyana, South America. The project has 18-year mining license in good standing, all-season road access, infrastructure in place, with an established camp serviced by employees, service buildings, and a full-time camp manager. The Property has three known gold bearing areas: the alluvial areas, the saprolite, and the underlying hard-rock.

There has been 42,000 metres of historic diamond drilling (141 holes) completed on the project by prior operators that have delineated two zones of mineralization: Mazoa Hill and Marudi North zones. The Company has recently completed a mineral resource estimate on the Mazoa Hill zone containing 259,100 indicated gold ounces within 4,428,000 tonnes grading 1.80 g/t and 86,200 inferred gold ounces within 1,653,000 tonnes grading 1.60 g/t. The Company has recently discovered a third mineralized zone: Toucan Ridge. This zone is the current focus of the Company’s 2018 trenching program. There exists excellent exploration upside for the further discovery of mineralized zones through the development of previously and newly identified mineralized bedrock targets on the project.

 

https://guyanagoldstrike.com/

 

LWIR Results For Gachala Copper Project

 

UNV.V LWIR Map

 

Universal Copper Ltd. (UNV.V) reported the results of a Long Wave InfraRed survey over the Gachala Copper Project North Block.  The seven mineral license applications comprising the North Block of the Gachala Copper project lie 60 km east of Bogota, Colombia:

The LWIR best spectral match results for chalcocite strongly suggests the main Devonian-Permian / Cretaceous contact is anomalous along much of its + 40km strike length within the North Block applications, supporting the Company’s belief this contact area is highly prospective for sedimentary copper deposits.

Two of the license applications are contiguous to an area where historical exploration returned rock sample results ranging from 1.6 to 7.82 percent copper, further supporting the geological theory.

"The North Block LWIR results are extremely exciting,” stated Clive Massey, Chief Executive Officer. “The strike length of the chalcocite LWIR anomaly is impressive and we plan to mobilize geological field crews to investigate the geological merit of the anomaly for sedimentary copper.” he continued.

The seven North Block mineral license applications form part of the 53,538-hectare Gachala sedimentary copper project. The Gachala project lies within a northeast trending 250km-by-120km belt of Devonian-through-Cretaceous-age rocks in a geological setting conducive to hosting sedimentary copper deposits, believed to be analogous to the Zambian copper belt of Africa (source: C. Rodriguez and A.J. Warden (1993); "Overview of some Colombian gold deposits and their development potential"; Mineralium Deposita, Vol. 28, pages 47 to 57).

Two of the seven mineral license applications comprising the 13,280-hectare North Block cover the western limb of the Anticlinal Montecristo in the area contiguous to and immediately north of the Sinai property where Rio Tinto Mining and Exploration Ltd. completed stream sediment and limited rock sampling in 1999. Rio Tinto took a total of 47 rock samples with 12 returning values in excess of 1 per cent copper, ranging from 1.6 per cent to 7.82 per cent (source: E.E. Vargas Ruiz, 1999; Exploracion Geoquimica Chivor Colombia Rio Tinto Mining and Exploration Ltd.). Another two of the license applications cover a 4-kilometre-long cobalt anomaly identified by the Colombian Geological Survey. This metal is of extreme interest to the Company as cobalt is one of the key accessory metals associated with sedimentary copper deposits. 

 

About Universal Copper

Universal Copper Ltd. (UNV: TSX-V; FWB: 3TA1) is a Canadian-based mineral exploration company focused on the acquisition, exploration and development of mineral properties. Our objective is to build shareholder value through exploration and potential development or acquisition of existing projects with significant up-side.

www.universalcopper.com

Signs Strategic Cooperation Agreement with China-Based Zejiang Yatai Pharmaceutical

 

 

 

Canada China Handshake

 

 

Benchmark Botanics, Inc. (BBT.C) a federally-licensed producer and distributor of medical-grade cannabis, announced that it has signed a non-binding letter of intent of strategic cooperation with China-based Zhejiang Yatai Pharmaceutical Co., Ltd., a publicly listed company on the Shenzhen Stock Exchange (stock code: 002370), to promote and conduct research and development, production, extraction and the commercial application of CBD and its derivative products for medical applications. Benchmark and Zhejiang Yatai agree to create, develop and market a variety of high content cannabinoid based (“CBD”) pharmaceuticals, natural health products and cosmetics for international markets.

“Partnering with a team that understands health-related product development from ideation to formulation, will provide Benchmark Botanics with a significant advantage as we plan for long-term success. I’m pleased to welcome Mr. Yaogen Chen and the Zhejiang Yatai team, who are already applying their expertise in the development of natural health products, drug development and molecular modeling for a variety of cannabis products,” said William Ying, CEO of Benchmark Botanics. “Their vision is impressive, and together we’ve laid out an ambitious plan to extend into international consumer markets such as health and wellness, cosmetics and nutraceuticals.”

“This is a natural progression for Zhejiang Yatai and Benchmark Botanics as Benchmark's team already have experience in growing, cultivating and processing medical cannabis. We share the same principles as well as a philosophy rooted in science and geared for the production of unique, safe, and quality products,” said Mr. Chen, Chairman of Yatai Pharmaceutical. “We’ve already established a multi-year plan and we’re preparing our fully-equipped, state-of-the-art facility in Canada to capitalize the medical applications of CBD.”  

The companies agree to establish a new joint venture company in Canada to fully integrate Zhejiang Yatai 's advantages in drug research and development, production and sales in the medical field and Benchmark’s advantages in cannabis cultivation and extraction.

For the complete release visit this link below.

https://benchmarkbotanics.com/investors/news/news-2019/83-benchmark-signs-a-letter-of-intent-of-strategic-cooperation-with-china-based-zejiang-yatai-pharmaceutical.html

ANNOUNCES NON-BROKERED PRIVATE PLACEMENT FOR EXTRACTION OPERATIONS

 

MJ Leaf

 

Benchmark Botanics Inc. (BBT.C) intends to complete a non-brokered private placement for aggregate gross proceeds of $12-million with arm's-length parties and certain existing shareholders who have agreed to subscribe by issuing 30 million units of the company's securities at 40 cents per unit. The subscription price represents a 5% discount to Benchmark's closing share price on April 30, 2019. Each Unit is comprised of one common share of the Company and one common share purchase warrant. Each Warrant shall be exercisable into one Share at a price of $1.00 for a period of 24 months from the closing date of the Private Placement. All of the Units, Shares and Warrants will be subject to a restricted period of four months and one day from the date of closing of the Private Placement.

The Company intends to use the proceeds from the sale of the Units for general working capital purposes and the costs of setting up the Company's extraction operations. The Private Placement is subject to acceptance by the Canadian Securities Exchange.

 

About Benchmark Botanics Inc.

Benchmark Botanics is a diversified multi-licensed cannabis producer focused on a three-way vertical business model targeting the medical, pharmaceutical, and recreational markets in Canada and the EU. The Company's business plan also includes a strategy to become a Canadian licensed producer to pioneer selling medical cannabis and hemp in China and throughout Asia.

Benchmark Botanics is focused on producing the highest-quality, indoor-grown cannabis for patients and adult recreational consumers, as well as developing international business partnerships to extend the Company's global footprint.

https://benchmarkbotanics.com/

Expands Choco Gold-Platinum Project Area

 Max Map 383 sq km

MAX RESOURCE CORP. (the “Company” or “Max”) (TSX.V: MXR; OTC: MXROF; Frankfurt: M1D1) reported that it has successfully submitted twenty-one mineral applications, expanding the Company’s Choco Gold-Platinum Project area to 2,140 sq. km.

  • This additional 383 sq. km area falls within the 1,000 sq. km area where the Longwave Infrared (LWIR) geophysical survey anomalies appeared to have a strong correlation with the gold bearing conglomerates, these applications were submitted, as recent field work has been confirming this correlation;

  • The additional area also covers potential extensions of the 100 sq. km historic Big Flat mineralization.

(Source: R.J. Fletcher & Assoc. (2011), Review of Gold & Platinum Exploration & Production in Choco Province Colombia Part 3. Private Report for Condoto Platinum Limited).

Max CEO, Brett Matich, commented: “Our on-going exploration success continues to extend the limits of the gold bearing conglomerates, necessitating the expansion of the property package.” He continued, “The recorded Choco Pacific historic production from Rio Cajon and Rio Sipi appears to support the continuation of the conglomerates through to this area.”

About Max Resource Corp.

Max is a mineral exploration company focused on the development and acquisition of prospective projects in the rich mineral belts of Colombia. The Company has established significant exploration infrastructure and local community support for the Choco Gold-Platinum Project, covering an area of 2,140 sq. km, located 100 km south of Medellin, over or adjacent to historic production of 1.5Mozs gold and 1.0Mozs platinum. The Company’s Gachala Copper Project, is located 60 km east of Bogota. The Company is led by a seasoned management team with a track record of significant discovery and exploration success.

 

https://www.maxresource.com/

 Executes Definitive Agreement to Acquire 100% of the Max Resource Corp. Gachala Copper Project North Block

 Gachala copper project

 

Universal Copper Ltd. (UNV.V) entered into an asset purchase agreement with MAX Resources Corp. (MXR.V) and Gachala Columbia Corp. to which the Company will acquire a 100% interest in the 7 mineral license applications comprising the North Block of MAX's Gachala Copper Project, 60 km east of Bogota, Colombia.

Under the terms of the Asset Purchase Agreement, the Company will issue to MAX in exchange for the Claims, 6,000,000 common shares of the Company, having an approximate value of $600,000 based on the current trading price of the Company's common shares on the TSX Venture Exchange. The closing of the Asset Purchase Agreement is subject to customary closing conditions including the receipt of third party and regulatory approval, the receipt of a satisfactory title opinion and the approval of the TSX Venture Exchange. Once issued, the 6,000,000 common shares will be subject to a hold period of four months and a day from the date of issuance.

On the closing of the Asset Purchase Agreement, the Company will have approximately 41,977,275 common shares issued and outstanding. The Company anticipates that, as a result of the Transaction, MAX will own 14.3% of the issued shares and will become an insider of the Company. The Transaction is an arm's length transaction. No finder's fees will be paid in connection with the Transaction.

Subject to the completion of the transaction, the Company intends to spend approximately $50,000 on its first phase exploration at Gachala. The Company also intends to spend approximately $275,000 on a drill program at its Poplar project.

For additional information, please visit the Company's website at www.universalcopper.com

MAX Reports Positive Gold and Platinum Assay Results from its Choco Project in Colombia
 
 
MAX Gold photos
 
 
 
 
 
MAX RESOURCE CORP. (TSXV: MXR) (OTC: MXROF) (FSE:M1D1) reported surface assay results from its ongoing exploration on the Company’s 1,757 sq. km “Choco Gold and Platinum Project”, located 100km SW of Medellin, Colombia.
 
The concentrates of sample 001 graded 340.84 g/t gold and 111.03 g/t platinum and sample 002 graded 222.06 g/t gold and 113.83 g/t platinum, both samples were located within the 1,000 sq. km exploration zone (refer to location map). 
 
 MAX Map Concentrates
 
 
 
FOR THE COMPLETE NEWS RELEASE VISIT http://www.maxresource.com/?news=1450
 
 
 

UNV Logo

 

Private Placements For Proceeds Of $690,325

Appoints Advisor to Board

 

Universal Copper Ltd. (UNV.V)  has closed its private placements of Non Flow Through Units and Flow Through Units, receiving subscriptions for aggregate gross proceeds of $690,325.

In the private placement, UNV sold 6,005,000 NFT Units at a price of $0.065 per NFT Unit for gross proceeds of $390,325 and 4,000,000 FT Units at a price of $0.075 per FT Unit for gross proceeds of $300,000 for aggregate gross proceeds of $690,325.

 appointed Andres Trivino to the advisory board of the company.

Clive Massey, president and chief executive officer of Universal, stated, "We are honoured to welcome Mr. Trivino to our team and feel he will be an integral part in assisting us in advancing our Colombian copper projects."

Mr. Trivino is fluent in three languages and is the president of the Canada Colombia Chamber of Investment and Trade where he offers an independent voice to promote investment and trade between the two countries.

Mr. Trivino is also a partner at Maven Investments International, a strategic and financial advisory firm with clients in Canada and Latin America.

With more than 21 years of professional experience, Mr. Trivino worked for Price Waterhouse Coopers Canada (PwC) for over 12 years advising corporations in Canada, the United States, Colombia, Brazil, Mexico, Venezuela, Cuba and the Dominican Republic. As part of the PwC Latin American group and the deals and consulting group, he advised companies in strategy, corporate finance, corporate restructuring, mergers and acquisitions, and business valuations. His experience encompasses mining, energy, Infrastructure, technology, financial services, telecom and entertainment.

Prior to joining PwC, Mr. Trivino worked with ABN AMRO Bank as a corporate finance analyst. He also worked with BP Amoco PLC as a commercial adviser to the project finance and infrastructure group.

"I am thrilled to be working with such an exceptional team and look forward to supporting Universal in advancing its copper district in Colombia," stated Mr. Trivino.

http://www.universalcopper.com/

Comprehensive Research Maintains Buy Rating

$0.45 Per Share Target Price

 

Comprehensive Report

Guyana Goldstrike (GYA.V) is a Vancouver based mining company with their flagship Marudi gold project in advanced exploration stage and near-term production position in Guyana, South America.

Following our initial coverage in July 2018 and quarterly update November 2018, we are particularly encouraged by the successful ongoing exploration results at the Marudi gold project. The company is currently trading at an Enterprise Value per ounce of $30, an 80% discount to peer companies with assets in similar jurisdictions and projects in similar stages of development.

 

Visible Gold encountered at Toucan Ridge while excavator trenching in 2018.

Marudi Visible Gold 2

 

 

Marudi Visble Gold in Quartzite metachert 2018

23.5 g/t gold was reported Feb 5, 2019 from trench #10 at Toucan Ridge

"Major Gold Companies Actively Scouting

The Guiana Shield"

 

"Major Shareholder Zijin Funds to Participate

in Equity Financing of 2019 Drill-Program"

 

"An Iron Formation Hosted Gold Deposit"

 

"Multiple New Gold Discoveries

At Toucan Ridge"

 

"Implications Of The Toucan Ridge Discovery At Marudi"

 

"Airborne Geophysics Survey Report Identifies

Several Areas of Interest"

 

 

Potential For A Multi-Million Gold Deposit

In 2018, Guyana Goldstrike successfully advanced the Marudi Project with exploratory trenching

and an airborne geophysical magnetic survey, which led to new discoveries, new areas of surface mineralization, numerous magnetic anomalies and three large drill target areas. With Phase 1 drilling we expect a minimum of 12 holes and up to 10,000 m of drilling to be completed at the Toucan Hill and Mazoa Hill targets over the next 6 months. The recently completed geophysical survey confirms numerous magnetic anomalies across the Marudi Property, similar to the ones at Mazoa Hill, Marudi North and Toucan Ridge. As Marudi is an iron formation hosted gold deposit, and the geophysical magnetic survey identifies areas of high and low magnetic fields, geologists can now use these magnetic highs and lows to accurately target areas of interest and potential targets.

With the upcoming 2019 drilling program, the resource at Marudi could expand significantly.Considering the trench sampling results from the East of Trench 14 Discovery, Marudi East and Toucan Ridge areas together with the existing NI 43-101 resources, our analysis supports an eventual resource that could total 1+ Moz Gold. The company has a full license from the government of Guyana to mine Marudi for 18 years. Over 85% of Guyana Goldstrike’s Marudi Project remains unexplored. The geophysical surveys

successfully identified magnetic anomalies which can be correlated with anomalous gold identified by trench samples, providing the most prospective drill targets. Based on EV/oz of resources of peer companies with assets in similar jurisdictions and projects in similar stages of development, Guyana Goldstrike remains significantly undervalued, currently trading at an 80% discount to its peers. Combined with the volume of highly prospective areas that remain unexplored and underexplored, we view this as a buying opportunity to acquire shares of an undervalued exploration company with significant potential upside. However, after drilling confirms the results of the trench sampling at the 13 known mineralized areas, we expect the current discount to narrow. We maintain our buy rating and C$0.45 per share target price for Guyana Goldstrike Inc.

 

FOR THE COMPLETE REPORT VISIT

https://guyanagoldstrike.com/images/Comprehensive_Guyana-Goldstrike-GYA-CR-Update.pdf

 

https://guyanagoldstrike.com/

 Engages Maricom for Bilingual Investor Access

 

IR

 

 

MAX RESOURCE CORP. (MXR.V) is pleased to announce that it has retained Maricom Inc. to provide investor relations services to the Company with a special French focus in compliance with regulatory guidelines.

Maricom is a Quebec-based communications firm focused on providing fully bilingual investor relations services with a special French focus to build and create awareness for companies in all stages of development in every key network. The firm brings unique expertise and will be providing a range of services, including presenting MAX business and milestones to its network of investment advisors, analysts and institutional fund managers.

Maricom will work closely with MAX to develop and deploy a comprehensive capital markets strategy and campaign. Activities will include developing precise messaging, distributing that message cost-effectively and advising the Company regarding their branding, website and social media presence bilingually with Maricom's graph design and social media team. Maricom will also handle MAX French inquiries via phone and email.

Under the terms of the agreement, Maricom has been retained for a 9 month period starting April 15th2019 at $3,500 per month. The Company has agreed to grant 450,000 stock options to Maricom at an exercise price of $0.60, expiring March 20th, 2024. These options will be subject to vesting provisions in accordance with TSX Venture Exchange policies.

 

About Max Resource Corp.

MAX Resource Corp. is a mineral exploration company focused on the development of prospective projects in the rich mineral belts of Colombia. The Company has established significant exploration infrastructure and local community support for two very large prospective Colombian projects: the Choco Precious Metals Project, located 100 km south of Medellin, which covers or is adjacent to historic production of 1.5Mozs gold and 1.0Mozs platinum and the Gachala Copper Project, located 60 km east of Bogota. The Company is led by a seasoned management team with a track record of significant discovery and exploration success.

https://www.maxresource.com/

 GRAPH BLOCKCHAIN SIGNS BINDING LOI TO ACQUIRE GAMING COMPANY

 

 

Block Chain AI images

 

 

Graph Blockchain Inc. (GBLC.C) has entered into a binding letter of intent in connection with the acquisition of all of the issued and outstanding common shares in the capital of Blockchain Innovations Corp. (BIC) and its wholly owned subsidiary, The Games Company Ltd. (TGC).

Jeff Stevens, CEO of Graph commented, "This acquisition is highly strategic and instrumental for the Company as it provides us with a leading gaming technology platform and represents the first step in our expansion plans in the high-growth gaming sector. Blockchain technologies is still in their infancy and have the potential to disrupt the gaming sector by introducing a new paradigm of how the games are monetized and distributed to consumers. We look forward to working with BIC and TGC teams in building our global footprint."

About the Transaction

BIC is a leading international supplier of revolutionary blockchain technology for the sports, casino and payments industries. BIC designs and develops market ready blockchain technology for public and private real-money wagering and peer-to-peer gaming companies across the globe. BIC offers platform, payments and sportsbook solutions along with leading casino content run on its proprietary blockchain technology for a fair gaming and a frictionless environment with deposit-less wagering, instant confirmations and instant deposits for winning bets.

TGC is an online casino game studio with a suite of 18 games and 10 integrations. TGC designs and builds casino games in 30+ languages and accepts multiple currencies including Crypto. Current operators and platforms using TGC include: Draft Kings, LOTO Quebec, William Hill Online, OpenBet, BETVICTOR, Bede Gaming, Video Slots, SG Digital and iSOFTBET. TGC is headquartered in London, UK and has offices in Ireland and Portugal. TGC's platform allows TGC to supply in-house content and content from 3rd party suppliers, quickly and timely onto a growing number of operators.

According to the Global Games Market Report, more than 2.3 billion enthusiasts will have spent an estimated $137 billion on games in 2018, which represents an unprecedented increase of $16.2 billion from the previous year1. Graph's channel partnerships and relationships with high profile clients will be invaluable in the expansion in the gaming sector. In addition, joining forces with BIC will allow Graph to leverage the back-end infrastructure that both companies have built in developing and rolling-out new technology solutions for this marketplace.

Terms of the Transaction

Pursuant to the terms of the LOI, the Company will acquire the Shares by way of a three-cornered amalgamation for an aggregate purchase price of CAD $3,000,000 (the "Purchase Price") to be paid in common shares in the capital of the Company ("Graph Shares") at a deemed issue price equal to the greater of (a) $0.05; (b) the 10-day volume weighted average trading price ("VWAP") of GBLC's common shares on the Canadian Securities Exchange ("CSE"). In addition, Graph will issue 10 million common share purchase warrants exercisable into Graph Shares for a period of 24 months from the closing date at a price of $0.10 per Graph Share, subject to the acceleration provision. The closing payment of CAD $3,000,000 shall be reduced by the amount of any and all debts held by BIC and its subsidiaries at the time of closing the Transaction.

In addition to the Purchase Price, shareholders of BIC will be eligible to receive a pro-rata share of certain earn-out bonus payments ("BP") in two tranches based upon their proportionate shareholdings of BIC with minimum milestone achievement of 50%. The first tranche of the BP (the "First BP") shall be payable on the first anniversary of the Closing Date (as defined herein) of the Transaction and calculated as follows:

  1. If revenue generated from BIC and its subsidiaries taken as a whole (the "Business") is CAD $1.38 million or greater during the period from January 1, 2019 to December 31, 2019 (the "First BP Period"), Graph shall pay issue to shareholders of BIC an additional CAD $3,000,000 in Graph Shares at a deemed issue price equal to the greater of (a) $0.05; (b) the 10-day VWAP of Graph's common shares on the CSE; and
  2. If revenue generated from the Business is less than $1.38 million, but is higher than $0.69 million during the First BP Period, Graph shall issue to shareholders of BIC an additional amount equal to $3,000,000 multiplied by a fraction, the numerator of which is the actual revenue generated from the assets during the First BP Period and the denominator of which is $1.38 million. Any such payment shall be made in Graph Shares at a deemed issue price equal to the greater of (a) $0.05; (b) the 10-day volume weighted average trading price of Graph Shares on the CSE; determined on the one-year anniversary of the closing of the Transaction.

The second earn-out bonus will be determined in the similar fashion as the First BP, except that it will be based on the revenue during the period of January 1, 2020 to December 31, 2020 ("Second BP Period"). If the revenue generated from the Business during the Second BP Period exceeds CAD $4.1 million Graph will issue an additional CAD $3,000,000 in Graph Shares at a deemed issue price equal to the greater of (a) $0.05; (b) the 10-day VWAP of Graph Shares on the CSE.

If revenue generated from the Business is less than CAD $4.1 million, but is higher than $2.07 million during the Second BP Period, Graph shall issue to shareholder of BIC an amount equal to $3,000,000 multiplied by a fraction, the numerator of which is the actual revenue generated from the Business during the Second BP Period and the denominator of which is $4.1 million. Any such payment shall be made in Graph Shares at a deemed issue price equal to the greater of (a) $0.05; (b) the 10-day VWAP of Graph Shares on the CSE.

Pursuant to the terms of the LOI, Graph has provided a secured loan to BIC in the principal amount of CAD$133,000 (the "Loan"), which has been advanced on execution of the LOI. The Loan bears interest at an annual rate of 10% and will be due and payable on the 90th day following the execution of the LOI.

It is anticipated that the Transaction will close on or before May 31, 2019 (the "Closing Date") and is subject to the Company and BIC entering into a definitive agreement, receipt of regulatory approval, the approval of the shareholders of BIC and customary closing conditions.

About Graph Blockchain Inc.

The Company develops leading-edge private blockchain business intelligence and data management solutions and is a pure play in the graph database technology space. Graph leverages its proprietary integration of the AgensGraph Database engine with IBM's Hyperledger Fabric to create a transparent and immutable ledger with near real-time transactional data processing and intuitive data visualization. The Company has secured multiple prototype development contracts with multi-national conglomerates and sells across client subsidiaries as a full enterprise product.

Closes $1M First Tranche of Private Placement

 

money symbol

 

 

 

Guyana Goldstrike Inc. (GYA.V) is pleased to announce that it has closed an initial tranche of its previously announced non-brokered private placement.

In connection with closing of this initial tranche, the Company has issued 5,192,500 units at a price of $0.20 per Unit, for gross proceeds of $1,038,500. Each "Unit" consists of one common share of the Company, and one common share purchase warrant exercisable to acquire an additional common share at a price of $0.30 per share for a period of thirty-six months.

The Company intends to complete a further tranche of the placement and will provide additional details as soon as they are available. Completion of an additional tranche of the placement remains subject to the approval of the TSX Venture Exchange. All securities issued in connection with closing of the placement are subject to a four-month-and-one-day statutory hold period in accordance with applicable securities laws.

 

About the Marudi Gold Project

The Company is developing the Marudi Gold Project located in Guyana, South America. The project has 18-year mining license in good standing, all-season road access, infrastructure in place, with an established camp serviced by employees, service buildings, and a full-time camp manager. The Property has three known gold bearing areas: the alluvial areas, the saprolite, and the underlying hard-rock.

There has been 42,000 metres of historic diamond drilling (141 holes) completed on the project by prior operators that have delineated two zones of mineralization: Mazoa Hill and Marudi North zones. The Company has recently completed a mineral resource estimate on the Mazoa Hill zone containing 259,100 indicated gold ounces within 4,428,000 tonnes grading 1.80 g/t and 86,200 inferred gold ounces within 1,653,000 tonnes grading 1.60 g/t. The Company has recently discovered a third mineralized zone: Toucan Ridge. This zone is the current focus of the Company's 2018 trenching program. There exists excellent exploration upside for the further discovery of mineralized zones through the development of previously and newly identified mineralized bedrock targets on the project.

 

http://www.guyanagoldstrike.com

Announces Approval for the Novita Transaction

 

board room

 

MAX RESOURCE CORP.  (MXR.V)  reported that, at the Special Meeting of Shareholders held on April 2, 2019, shareholders adopted a special resolution approving the transaction with Noble Metals Limited and its wholly-owned subsidiary Condoto Platinum Limited. The Company has also received approval from the Board of Noble for the execution of the Transaction.

Transaction highlights include:

  • The acquisition by MAX of 100% rights to mineral claims and mineral applications held by Noble and, more importantly, the "Novita Agreement", an exclusive right of first refusal to the mineral rights and mining rights over 1,050 sq. km held by the Novita Higher Community Council as sole owners of the land and minerals.
  • The Novita Agreement area encompasses or is adjacent to the Company's Choco Precious Metals Project, which covers an area of 1,757 sq. km, located 100 km SW of Medellin, Colombia.
  • Established infrastructure, including a fully operation 30-man exploration camp at the town of Novita.
  • The Choco Precious Metals Project covers or is adjacent to historic surface production of 1.5Mozs of gold and 1.0Mozs of platinum by Compania Minera del Choco Pacifico between 1906 and 1990. (Source: R.J. Fletcher and Associates (2011) Review of Gold and Platinum Exploration and Production in Choco Province Colombia Part 3. Private Report for Condoto Platinum Ltd).

The Company advises that mineralization hosted on adjacent properties is not necessarily indicative of mineralization hosted on the Company's Choco Precious Metals Project.

Brett Matich, Max's President and Chief Executive Officer, commented: "Shareholder approval of the Noble Transaction represents a major milestone for the Company. This transaction secures a major ground position in a world class precious metals province."

The Transaction

The Transaction is described in a definitive asset purchase agreement  dated effective February 8, 2019, pursuant to which the Company has agreed to purchase a bundle of resource exploration assets located in the Choco Department of Colombia between Noble, Condoto, a local Colombian branch of Condoto and the Novita Higher Community Council. In consideration for these assets, MAX has agreed to pay the sum of C$500,000 and to issue to Noble 26,665,896 MAX common shares.

At the Special Meeting, the Company's shareholders adopted an additional special resolution to approve Noble as a 'Control Person' of the Company as that term is defined in the policies of the TSX Venture Exchange. The Company anticipates that Noble will become a Control Person when the Acquisition Shares are issued upon the completion of the Transaction because, at closing, Noble will hold 29.2% of the issued and outstanding shares of the Company. The Transaction remains subject to conditions within the Transaction Agreement and the TSX Venture Exchange conditional approval letter.

About Max Resource Corp.

MAX Resource Corp. is a mineral exploration company focused on the development of prospective projects in the rich mineral belts of Colombia. The Company has established significant exploration infrastructure and local community support for two very large prospective Colombian projects: the Choco Precious Metals Project, located 100 kms south of Medellin, which covers or is adjacent to historic production of 1.5Mozs gold and 1.0Mozs platinum and the Gachala Copper Project, located 60 kms east of Bogota.

The Company is led by a seasoned management team with a track record of significant discovery and exploration success.

http://www.maxresource.com

ANNOUNCES AN UPDATE TO THE NEWS RELEASE 

Cardio AI

 

Diagnos Inc. (ADK.V) has provided more details with regard to the news release issued earlier today for the signing of a memorandum of understanding between one hospital in the United States and Diagnos.

Memorandum of understanding

Main terms:

  • Date of signature: March 22, 2019;
  • Partner and Diagnos agree to negotiate, in good faith, a specific agreement for establishing cooperative development and marketing effort for:
    • Any required development and inter-operability testing of CARDIO;
    • The granting of access to each Party's facilities;
    • The co-marketing of CARDIO.

Diagnos expects to sign a definitive agreement with Partner within 45 days from the date of this news release.

CARDIO

CARDIO is a software application, currently under development, to assist the health professionals in predicting the risk of a patient having a stroke or other conditions that may lead to a stroke. CARDIO was first announced in a press release dated September 19, 2017. Diagnos foresees full commercial deployment of CARDIO within six to twelve months from the date of this news release.

About Diagnos

Diagnos is a publicly-traded Canadian corporation with a mission of early detection of critical health issues through the use of its Artificial Intelligence ("AI") tool CARA (Computer Assisted Retina Analysis). CARA is a tele-ophthalmology platform that integrates with existing equipment (hardware and software) and processes at the point of care. CARA's Artificial Intelligence image enhancement algorithms make standard retinal images sharper, clearer and easier to read. CARA is accessible securely over the internet, and is compatible with all recognized image formats and brands of fundus cameras, and is EMR compatible. CARA is a cost-effective tool for screening large numbers of patients in real-time. CARA complies with local regulations, is FDA cleared for commercialization in the United States of America, is Health Canada licensed for commercialization in Canada and is CE marking compliant in Europe.

Guyana Goldstrike to Raise up to $2 Million in Private Placement

Zijin Resource Funds Participating

 

zijin logo

 

 

Guyana Goldstrike Inc. (GYA.V) is pleased to announce that it will conduct a non-brokered private placement to raise up to $2,000,000 through the issuance of up to 10,000,000 units at a price of $0.20 per Unit.  Each “Unit” will consist of one common share and one common share purchase warrant entitling the holder to acquire a further common share at a price of $0.30 for a period of thirty-six months.

 

Gold Mountains Asset Management Ltd. (a subsidiary of Zijin Mining Group Ltd.), through its Zijin funds, has elected to participate in the placement on a pro-rata basis in order to maintain its 24.4% ownership interest in the Company as a strategic partner.

 

The proceeds from the placement will be used towards ongoing exploration work at the Company’s Marudi Gold Project, as well as for general working capital purposes. 

 

The Company may pay finders’ fees to eligible parties who have assisted by introducing subscribers to the placement.  All securities to be issued in connection with the placement will be subject to a four-month-and-day statutory hold period in accordance with applicable securities laws.  Completion of the placement remains subject to the approval of the TSX Venture Exchange.

 

 

      http://www.zijinmining.com/

 

 

http://www.guyanagoldstrike.com

DRILLS 12.66 METRES OF 39.31 G/T GOLD AND 133.11 G/T SILVER AT SHOVELNOSE

 

Diamond Drill Core in Box

Westhaven Ventures Inc. (WHN.V)  has released drill results from its continuing drill campaign at its 15,542-hectare Shovelnose gold property, located within the prospective Spences Bridge gold belt (SBGB), which borders the Coquihalla Highway, 30 kilometres south of Merritt, B.C.

Highlights:

  • SN19-01:
    • (154.34 to 167.00m) 12.66 metres (m) of 39.31 g/t gold (Au) and 133.11 g/t silver (Ag).
    • (89.00 to 92.00m) 3.00m of 4.65 g/t Au and 10.86 g/t Ag.
    • (95.20 to 154.34m) 59.14m of 0.43 g/t Au and 2.79 g/t Ag.
    • (167.00 to 177.00m) 10.00m of 2.26 g/t Au and 15.13 g/t Ag.
  • SN19-02 (assays pending):
    • Approximately 137.00m to 177.00m, intercept of rhyolite breccia with sections of banded quartz, ginguro, pyrite and visible gold in veins.
  • The program is ongoing and currently drilling SN19-03, which is a step out ~70m to the northeast of SN18-18, targeting the 2nd vein zone as previously reported.

Drilling to date is limited so true widths cannot be definitively determined. However, based on the geology of the vein zone with a steep dip to the west, true widths are estimated to be about 80-90% of reported interval lengths. Please see the plan map and cross section below. For a table of assays from SN19-01 please visit the company's website.

Gareth Thomas, President & CEO of Westhaven stated, "SN19-01 contains the highest gram-metres (497.66 g-m) intercept to date on Shovelnose. It was drilled at 50-metre strike spacing between hole SN18-14 (435.36 g-m) and hole SN 18-15 (413.49 g-m). South Zone drilling continues to define the extent and demonstrate the continuity of this gold mineralized vein system. Drill intercepts of this grade and thickness strengthen management's belief that we're dealing with a large, high-grade gold system. The drill program is ongoing and all additional assays will be released regularly as the program progresses."

Peter Fischl, Exploration Manager, goes on to add, "Hole SN19-01 successfully tested the continuity of higher grade gold mineralization hosted in quartz-adularia veins first drilled last year at Shovelnose in the South Zone. In addition, lower grade gold mineralization has been identified in the hanging wall (0.61 g/t Au and 3.07 g/t Ag over 65.34m) and footwall (2.26 g/t Au and 15.14 g/t Ag over 10.0m) to Zone 1 veining. This broader envelope of gold mineralization is hosted in the silica-pyrite healed rhyolite breccia unit, which pre-dates the quartz-adularia veins, and is now considered a secondary target of interest at Shovelnose."

Qualified Person Statement

Peter Fischl, P.Geo., who is a Qualified Person within the context of National Instrument 43-101 has read and takes responsibility for this release.

QA/QC

Core samples were prepared using the PREP-31 package in ALS's Kamloops facility each core sample is crushed to better than 70 % passing a 2 mm (Tyler 9 mesh, US Std. No.10) screen. A split of 250 g is taken and pulverized to better than 85 % passing a 75 micron (Tyler 200 mesh, US Std. No. 200) screen. 0.5g of this pulverized split is digested in aqua regia and analyzed via ICP-MS and ICP-AES (method code ME-MS41L), which reports a 53-element suite of elements. All results greater than 100 ppb gold were reanalyzed by ALS using their Fire Assay with an AAS finish, method code Au-AA23 (30g sample size). Additional Au screening is performed using ALS's Au-SCR24 method, select samples are dry screened to 100 micron. A duplicate 50g fire assay is conducted on the undersized fraction as well as an assay on the entire oversize fraction. Total Au content, individual assays and weight fractions are reported. All analytical and assay procedures are conducted in ALS's North Vancouver facility. A QA/QC program included laboratory and field standards inserted every 25 samples.

Shovelnose Gold Property Overview

There is strong evidence for a significant mineralized vein system within the property where float samples grading up to 119 g/t Au and 273 g/t Ag, veins exposed by trenching grading 66 g/t Au, and wide low-grade alteration zones typical of epithermal gold deposits have been located. Recent drilling intersected 17.77 metres of 24.50 g/t Au, including 6.78 metres of 50.76 g/t Au.

The Spences Bridge Gold Belt (SBGB)

Westhaven owns a 100%-interest in 4 properties covering over 35,000 hectares within the prospective SBGB, which is situated within a geological setting like those which host other significant epithermal gold-silver systems. It is close to major transportation routes and infrastructure allowing for cost-effective exploration. The SBGB is a 110-kilometre northwest-trending belt of intermediate to felsic volcanic rocks dominated by the Cretaceous Spences Bridge Group. Sable Resources and Westhaven have a combined control of 86% of the SBGB (225,000ha). Any ground staked by Sable within 5-kilometre of Westhaven's existing projects will be subject to a 2.5% NSR. In addition, Westhaven has a 30 day Right of First Refusal (ROFR) for a three-year period for any properties within this 5-kilometre radius.

About Westhaven

Westhaven Ventures Inc. is a Canadian based exploration company focused on the acquisition and exploration of prospective resource properties. Westhaven is focused on advancing its Shovelnose, Prospect Valley, Skoonka and Skoonka North gold projects in British Columbia.

ANNOUNCES SUPPLY AGREEMENT WITH SHOPPERS DRUG MART

Med MJ

Harvest One Cannabis Inc., (HVT.V) through its wholly owned subsidiary United Greeneries Ltd., has entered into an agreement to become a medical cannabis supplier to Shoppers Drug Mart.

Under the terms of the agreement, Harvest One will supply Shoppers Drug Mart with Satipharm branded medical cannabis products. The products will be sold online, as Canadian regulations restrict the sale of medical cannabis in retail pharmacies.

This marks the first time that Satipharm branded cannabis will be available for purchase. Working in conjunction with Shoppers Drug Mart in an effort to help consumers make specific, educated decisions about their purchases, Satipharm will be available in a continuum of products, each colour coded to indicate their place on the progression from the high THC of SatiWhite{A &#153;} to the high CBD of SatiPurple{A &#153;}. At launch, United Greeneries will produce and ship an Indica variety of SatiSilver{A &#153;} and a hybrid variety of SatiGreen{A &#153;}.

"We are incredibly proud to be working with Shoppers Drug Mart to supply them with our premium, indoor grown cannabis under the Satipharm health and wellness brand" said Grant Froese, CEO of Harvest One. "We see this supply agreement as a further step towards fulfilling our vision of being a vertically integrated house of brands in the cannabis health, wellness, and self-care sector. We continue to expand our capacity to support our growing brand portfolio which includes our recently announced transaction with Delivra as well as our existing brands Dream Water, Satipharm, Royal High, and Captain's Choice" he added.

ABOUT HARVEST ONE CANNABIS INC.

Harvest One is a global cannabis company that develops and provides innovative lifestyle and wellness products to consumers and patients in regulated markets around the world. The Company's range of lifestyle solutions is designed to enhance quality of life. Shareholders have significant exposure to the entire cannabis value chain through three wholly-owned subsidiaries: United Greeneries, a Licensed Producer; Satipharm (medical and nutraceutical); and Dream Water Global (consumer), and a minority interest in Burb Cannabis (retail operations). For more information, please visit www.harvestone.com.

ACQUIRES DELIVRA TO STRENGTHEN ITS MEDICAL AND WELLNESS DIVISION

 

 

medical marijuana 570x230

 

 

 

Harvest One Cannabis Inc. (HVT.V) and Delivra Corp. (DVA.V) have entered into a definitive arrangement agreement pursuant to which Harvest One will acquire all of the issued and outstanding common shares of Delivra. Under the terms of the Arrangement Agreement, shareholders of Delivra ("Delivra Shareholders") will receive 0.595 common shares of Harvest One (the "Harvest One Shares") for each Delivra Share (the "Exchange Ratio").

Harvest One, an international cannabis house of brands in the self-care and health and wellness space, has acquired Delivra as a means to further its strategy of providing trusted, effective products to help people in their daily lives. The acquisition of Delivra and its LivRelief brand, which produces a variety of topicals and creams with existing distribution channels across Canada, will position Harvest One well when cannabis-infused products are legalized in Canada, which is expected in the fall of 2019.

"The acquisition of Delivra by Harvest One puts further emphasis on the Harvest One goal of being a leading house of brands in the global health, wellness, and self-care sector. The addition of LivRelief, which is already on retail shelves across Canada, will give Harvest One a head start for cannabis-infused products in Canada and beyond and is a great addition to our existing brands in this space with Satipharm CBD GelPell capsules already on sale in Europe, and our Dream Water all natural sleep aid available across North America" said Grant Froese, CEO of Harvest One. Mr. Froese added, "We are very excited to welcome Dr. Joseph Gabriele and the Delivra team into the Harvest One family and expanding our brand portfolio, as well as moving forward aggressively with our cannabis-infused products strategy when and where legal."

Dr. Joseph Gabriele, Director, Chief Executive Officer, and Chief Scientific Officer of Delivra, added, "The transaction with Harvest One is an exciting and important step for our shareholders and is the result of an extensive strategic review process. Harvest One is a global leader in the cannabis space, focusing on innovative lifestyle and wellness products. Combined with our proprietary transdermal delivery system platform and extensive research, development and commercialization capabilities, the combined company is extremely well-positioned to take advantage of the growing market for topicals, sprays, beverages, and other cannabis/CBD-infused products. In addition, Harvest One's global reach can provide greater distribution capabilities for our existing product portfolio. This is a value-maximizing transaction that provides our shareholders with a significant premium and an exciting opportunity to participate in the upside of Harvest One. We believe that Harvest One is the ideal partner to take Delivra to the next level."

Airborne Geophysics Survey Results Identifies Priority Targets to Expand Both the Known Mineral Resources and Expand on New Discoveries

 

 

Target GYA Geophysics Map

Apparent magnetic susceptibility map of Mazoa Hill, Marudi North occurrences and Toucan Ridge exploration area showing drill hole collars and surface trench location. Magnetic susceptibility highs are shown in purple, red and yellow.

 

 

Guyana Goldstrike Inc. (GYA.V) announced it has received the report on geophysical interpretation of the airborne magnetic and radiometric surveys on its Marudi Gold Project located in the Guiana Gold Belt, Guyana, South America.



REPORT HIGHLIGHTS

Direct measurement on drill core from previous campaigns correlates strongest magnetic susceptibility from quartzite-metachert, the primary host rock for mineralization

3D magnetic inversion confirms direct spatial association of known Au mineralization at Mazoa Hill and Marudi North with strong magnetic responses

Brownfields targets identified adjacent to and at depth at Mazoa Hill which could add to current mineral resource
Less than 10% of the strike length of the Mazoa Hill magnetic horizon has been drilled, the remaining ~5km strike length is considered underexplored

Magnetic anomalies along Toucan Ridge correlate to anomalous Au from surface trenching and offer additional drill targets
Numerous greenfield targets based on magnetic responses exist, recommended for surface trenching or shallow drilling to upgrade

Mr. Peter Berdusco, President and CEO states, “The geophysics interpretation has greatly advanced our understanding of the controls on gold mineralization on the Marudi Gold Project and identifies priority targets to both expand the known mineral resource and discover new occurrences."

The geophysical survey confirms the direct correlation at large scale of mineralization at Mazoa Hill with a band of strong magnetic susceptibility.

 



Mazoa Hill Geophyiscs Map

 

3D inversion of magnetic susceptibility vertical section, north facing, through Mazoa Hill occurrence showing historic drill hole traces (in black). Magnetic susceptibility highs are in yellow and red.

 

Mazoa Hill Zone 2012 Select Drill Results

Hole No. Azimuth (degrees) Dip (degrees) Final Depth of Hole (m) From (m) To (m) Interval (m) Gold grams/ tonne
MH12-130 181° -50 68.3 3 11 8 1.63
      including 3 6.33 3.33 3.5
        59 65.5 6.5 14.85
      including 63.17 64.63 1.46 51.7

 

Mazoa Hill Zone Mineral Resource Estimate in Conceptual Open Pit 
Class Tonnes Au Capped g/t Au Uncapped g/t Ounces Capped Ounces Uncapped
Indicated 4,428,000 1.8 1.9 259,100 269,700
Inferred 1,653,000 1.6 1.6 86,200 87,600

 

 

 

EXPLORATION GOING FORWARD

Three types of geophysical targets have been identified for further investigation: along strike and deeper than the known mineralization (Mazoa Hill and Marudi North), to expand the known mineral resource; under the anomalous Au assay results from trenching in the Toucan Ridge exploration area; and numerous magnetic anomalies of similar character across the Property. The targets near the known mineralization from previous drilling and trenching are ready for the next stage of detailed modelling to optimize logistics and trajectories for drilling, whereas targets farther afield would require trenching or shallow drilling to rank prospective targets.

 

Note: For the complete News Release visit https://guyanagoldstrike.com/

 ANNOUNCES LWIR CORRELATES WITH GOLD BEARING CORRELATES AT CHOCO

Airborne Survey images

 

 

Max Resource Corp. (MXR.V) has released the results of a "cloud-stitched" long-wave infrared (LWIR) survey over a 1,000-square-kilometre area within the company's 1,757-square-kilometre Choco gold-bearing conglomerate project, located 100 kilometres southwest of Medellin, Colombia.

Highlights

  • The LWIR results appear to suggest a strong correlation between the gold bearing conglomerate Trial Pits and Outcrop sample sites and LWIR anomalies.
  • The LWIR survey area encompasses the previously reported 36 sq. km gold bearing zone and covers or is adjacent to historic production (1906 - 1990) of 742,308 oz. gold and 769,049 oz. of platinum and the 2006 ANM drill hole which identified conglomerates units down to 500m.
  • The LWIR identified anomalous zones interpreted to be conglomerates continue further to the northeast and southwest.

Brett Matich, MAX's President and Chief Executive Officer, commented: "The LWIR has yielded responses throughout the 1000 sq. km survey area similar to responses over the 36 sq. km area of our concentrated exploration efforts to date." He continued: "The LWIR survey has also further increased our level of confidence in a possible link between overlying Choco Pacific production and underlying gold-bearing conglomerates."

LWIR Survey

Max conducted the cloud stitching Long Wave InfraRed (LWIR) survey to investigate a potential correlation between conglomerate outcropping and areas of historic production. Historically, satellite imagery has been hindered because of year-round cloud cover. This survey sourced multiple bands through the gaps in the clouds over a 20-year period, stitching the imagery together.

LWIR analysis, through proprietary processing of Aster satellite data, has the ability to map or identify, through reflectance spectroscopy against a set of known standards, mineral distribution over extremely large areas covered by vegetation and shallow cover. The ground-penetrating nature of infrared radiation in the long-wave bands allows viewing of mineral spectra in the first 30 to 60 centimetres of the earth's surface through dense vegetation.

The Choco Gold Bearing Conglomerate Project

MAX has 100% ownership of 82 and 50% of 7 mineral license applications, totaling over 1,757 sq. km located within Choco Department approximately 100km SW of the city of Medellin, Colombia.

Compania Minera del Choco Pacifico ("Choco Pacific") produced 1.5 million ounces of surface gold and 1.0 million ounces of surface platinum from the "Choco District" between 1906 to 1990, largely limited to an average depth of 8 meters or less.

MAX's Choco Gold Project covers or is adjacent to much of Choco Pacific's historic exploration and production areas, in addition, an ANM hole drilled for hydrocarbons in the northern end of the current 1000 sq. km exploration area, that appears to have intersected zones of conglomerates through the top 500 metres according to the summary of drill log for hole Choco-1-ST-P. None of the conglomerate was sampled for gold as the target was deeper hydrocarbons.

MAX cautions investors it has yet to verify the historic information.

Tim Henneberry, P. Geo (British Columbia), a member of the Max Resource Corp. Advisory Board, is the Qualified Person who has reviewed and approved the technical content of this news release on behalf of the Company.

 

http://www.maxresource.com/

HIGH TIDE ANNOUNCES THE OPENING OF ITS TENTH CANNA CABANA STORE

 

medical marijuana 570x230

 

 

High Tide Inc. (HITI.C) has been licensed to open its 10th Canna Cabana retail store, which is located at 11032 Elbow Drive SW in Calgary, Alta. Having met all municipal business requirements, the Elbow Drive Store is approved to sell smoking accessories and cannabis lifestyle products while the temporary suspension of incremental cannabis retail licensing (the "Moratorium") by Alberta Gaming, Liquor and Cannabis (the "AGLC") remains in effect.

Following an appeal of its initial approval in September of 2018, the Elbow Drive Store recently received a decision in its favour, which allowed High Tide to continue with the outlet's development and open it for business. "The Elbow Drive Store is an important win for the Company and for our team members who work hard to find great retail locations," said Raj Grover, President and Chief Executive Officer of High Tide. "Obtaining this positive decision reaffirms our ability to plan strategically and execute well, while also providing an opportunity for the residents and businesses in the surrounding community to engage with our employees on the topic of recreational cannabis." added Mr. Grover. As an area with a high flow of traffic in and out of central Calgary as well as a diverse retail offering, this location on Elbow Drive provides excellent exposure for the Canna Cabana brand.

In addition to this opening, the Company also recently won an appeal in Edmonton to convert an existing Smoker's Corner store in a prime area along Jasper Avenue to a Canna Cabana retail cannabis location. High Tide now has 36 of the 37 AGLC-mandated maximum development permits for its Canna Cabana and KushBar retail cannabis stores across Alberta and expects to receive the one remaining development permit in the near future. High Tide continues to advance its next 26 Canna Cabana locations, which are under various stages of development and construction. The Company also continues to work towards the introduction of the Canna Cabana brand to residents of Saskatchewan and Ontario through its various previously announced arrangements.

About High Tide Inc.

High Tide is an Alberta-based, downstream cannabis corporation focused on the manufacturing and wholesale distribution of smoking accessories and cannabis lifestyle products. It is a vertically-integrated company in the Canadian cannabis market, with portfolio subsidiaries including RGR Canada Inc., Famous Brandz Inc., Kush West Distribution Inc., Smoker's Corner Ltd., Grasscity.com, Canna Cabana Inc. and the majority of KushBar Inc. High Tide's strategy as a parent company is to extend and strengthen its integrated value chain, while providing a complete customer experience and maximizing shareholder value. Key industry investors in High Tide include Aurora Cannabis Inc. (NYSE: ACB) (TSX: ACB) (Frankfurt: 21P; WKN: A1C4WM) and FSD Pharma Inc. (CSE: HUGE) (OTC: FSDDF) (FRA: 0K9).

Max Resource Raises $1.1 Million Through Exercised Warrants

monie

Max Resources Corp. (MXR.V) announced that, since January 30, 2019, the Company has received proceeds of $1,134,775 as a result of the exercise of 6,078,700 previously issued common share purchase warrants. As of the date of this news release, the Company now has 59,673,064 common shares issued and outstanding. 

The warrants were issued in connection with private placements and had exercise prices between $0.075 and $0.25 per share The Company intends to use the proceeds of the warrant exercise for mineral exploration and general working capital purposes.

Max Resource Corp.’s focus is to explore and consolidate gold and platinum group mineral assets in the richly endowed Choco mineral district of Colombia.

 

www.maxresource.com

 

GEOPHYSICAL SURVEY OVER 1,000 SQ. KM AREA

 

Geophysics Heli. 1jpg

 

Max Resources Corp. (MXR.V) announced it has completed a Long Wave InfraRed (LWIR) survey over an area of 1,000 sq. km within the Company’s 1,757 sq. km gold bearing conglomerate “Choco Gold Bearing Conglomerate Project”, located 100km SW of Medellin, Colombia.

Exploration Update

The Company expects to receive the interpreted LWIR survey results next week.

The survey encompasses or is adjacent to Compania Minera Choco Pacifico historic production of 742,308 ounces of gold 769,049 ounces of platinum and includes the previously identified 36 sq. km area of gold bearing conglomerates.

The survey also encompasses Agencia Nacional de Minera (ANM) hydrocarbon drill hole Choco-1-ST-P which identified conglomerate units through the upper 500 metres of the drill hole.

Source: R.J. Fletcher and Associates (2011) Review of Gold and Platinum Exploration and Production in Choco Province Colombia Part 3. Private Report for Condoto Platinum Ltd.)

Brett Matich, Max’s President and CEO, commented: “While the exploration to date appears to suggest a possible link between overlying Choco Pacific production and underlying gold bearing conglomerates, the objective of the LWIR survey is to survey the remainder of the 1,000 sq. km historical production area for similar LWIR responses to the previously defined 36 sq. km area.”

Continuing research in the region of the initial conglomerate discoveries has outlined an area of approximately 1000 sq. km. This area is defined largely by the historical production from Compania Minera Choco Pacifico. Max has been locating and testing the hard rock conglomerates beneath the areas of the historic production working on an exploration model where the presence of gold in the overlying alluvial is a potential indicator of gold in the underlying conglomerates. The centre of the areas of historic production and the recorded production from these areas is shown on the accompanying map.

In addition, an ANM hole drilled for hydrocarbons in the northern end of the 1000 sq. km area appears to have intersected zones of conglomerates through the top 500 metres according to the summary of drill log for hole Choco-1-ST-P. None of the conglomerate was sampled for gold as the target was deeper hydrocarbons.

Max conducted the Long Wave InfraRed (LWIR) survey over the 1000 sq. km to see if a correlation between the conglomerate outcropping and the areas of historic production exists. LWIR analysis, through proprietary processing of Aster satellite data, has the ability to map or identify, through reflectance spectroscopy against a set of known standards, mineral distribution over extremely large areas covered by vegetation and shallow cover. The ground-penetrating nature of infrared radiation in the long wave bands allows viewing of mineral spectra in the first 30 to 60 centimetres of the earth's surface through dense vegetation.

 

Complete News Link

 

The Choco Gold Bearing Conglomerate Project

MAX has 100% ownership of 82 and 50% of 7 mineral license applications, totaling over 1,757 sq. km located within Choco Department approximately 100km SW of the city of Medellin, Colombia. Compania Minera del Choco Pacifico (“Choco Pacific”) produced 1.5 million ounces of surface gold and 1.0 million ounces of surface platinum from the “Choco District” between 1906 to 1990, largely limited to an average depth of 8 meters or less. MAX’s Choco Precious Metals Project covers or is adjacent to much of Choco Pacific’s historic exploration and production areas. Choco Pacific historic reports indicate the hard rock conglomerates underlying the surface production areas are gold-bearing, extensive, shallow and generally flat lying with thicknesses from a few metres to 20 metres.

 

http://www.maxresource.com/

GUYANA GOLDSTRIKE REPORTS ASSAYS OF 1.46 G/T AU OVER 6.00 METRES WITHIN 9.60 METRES OF 1.00 G/T AU IN TRENCH TTR-18-14 AT TOUCAN RIDGE AREA, MARUDI GOLD PROJECT, GUYANA

 

 

Trenching Photo

 

Guyana Goldstrike Inc. (GYA.V) has released final assays from trench TTR-18-14 at the Toucan Ridge area on its Marudi gold project located in the Guiana Shield, Guyana, South America.

Trench TTR-18-14 final assay results from quartzite-metachert (host rock) have returned values of 1.46 g/t Au over 6.00 Metres within 9.60 Metres of 1.00 g/t Au .

The interval is located above a magnetic anomaly as determined from 3D inversion interpretation.

Trench TTR-18-14 is located approximately 1000 metres northeast of trench TTR-18-06 (the westernmost trench on the ridge) and was trenched for 178.70 metres with 88 samples taken. Four intervals have been identified as quartzite-metachert host rock.

The Toucan Ridge area of interest continues for more than 1.75 kilometres to the northeast of trench TTR-18-06.

Current Gold Zones and Mineral Resource Estimates at Marudi

The Mazoa Hill Zone contains the Company's current mineral resource estimate. The Toucan Ridge area is located approximately one kilometre north of the Mazoa Hill zone. Data analyzed suggests that the mineralized zone is open at depth and to the southeast. Mazoa Hill zone mineral resource estimates:

- 259,100 indicated gold ounces within 4,428,000 tonnes grading 1.80 g/t;

- 86,200 inferred gold ounces within 1,653,000 tonnes grading 1.60 g/t

For further information NEWS LINK

TO PURCHASE 100% OF THE MAX RESOURCE CORP. GACHALA COPPER PROJECT NORTH BLOCK

 

Gachala copper project

 

Tasca Resources Ltd. (TAC.V) has signed a non-binding letter of intent with Max Resource Corp. to purchase a 100-per-cent interest in seven mineral licence applications comprising the North block of Max's Gachala copper project 60 kilometres east of Bogota, Colombia: The North block consists of seven mineral licence applications covering 48 line kilometres of the Devonian and Permian/Cretaceous contact believed to be highly prospective for sedimentary copper deposits. Two of the license applications are contiguous to areas where historical exploration returned rock sample values ranging from 1.6 to 7.82 percent copper. Tasca cautions investors it has not yet verified any of the historical data.

Clive Massey, chief executive officer, commented: &quot;I am extremely bullish on the future price of copper. When Max Resource Corp.'s gold discovery in Choco unexpectedly made the Gachala project available I felt Tasca had to pounce on the opportunity.&quot; He added: &quot;We are planning to implement an aggressive exploration programme for this year and are very fortunate to have Brett Matich, Max's President and CEO prepared to assist our technical team, as both the team and Mr. Matich are convinced a concentrated exploration effort in the underexplored Gachala region has the potential to define the world's next copper frontier.&quot;

Mr. Matich commented, &quot;I am looking forward to assisting Tasca's technical team in advancing the Gachala project, as we see the region as a highly prospective area for a massive copper discovery.&quot;

Two of the seven mineral license applications comprising the 13,280 hectare North Block cover the western limb of the Anticlinal Montecristo in the area adjacent to and immediately north of the Sinai property where Rio Tinto Mining and Exploration Ltd. completed stream sediment and limited rock sampling in 1999. Rio Tinto took a total of 47 rock samples with 12 returning values in excess of 1 per cent copper, ranging from 1.6 per cent to 7.82 per cent (source: E.E. Vargas Ruiz, 1999; Exploracion Geoquimica Chivor Colombia Rio Tinto Mining and Exploration Ltd.). Tasca cautions investors that mineralization on the Sinai property is not necessarily indicative of similar mineralization on its licence applications. Another two of the license applications cover a 4 kilometre long cobalt anomaly identified by the Colombian Geological Survey. This metal is of extreme interest to the Company as cobalt is one of the key accessory metals for sedimentary copper deposits.

The 7 North Block mineral license applications form part of the 53,538 hectare Gachala sedimentary copper project. The Gachala project lies within a northeast trending 250km-by-120km belt of Devonian-through-Cretaceous-age rocks in a geological setting conducive to hosting sedimentary copper deposits. Research by Rodriguez and Warden has found similarities between the sedimentary basin in Colombia and the sedimentary basin hosting the Zambian copper belt of Africa (source: C. Rodriguez and A.J. Warden (1993); &quot;Overview of some Colombian gold deposits and their development potential; Mineralium Deposita, Vol. 28, pages 47 to 57).

In total, the 30 mineral license applications of the Gachala Project cover an aggregate 107 line kms of the highly prospective contact between the Devonian-Permian red beds and overlying Cretaceous reducing black shales, one of the settings typical of these copper deposits.

 

http://www.tascaresources.com/

 

ANNOUNCES ADDITIONAL DRILL RESULTS FROM THE LAPON CANYON GOLD PROJECT

 

Gold drill core

Walker River Resources Corp. (WRR.V) has released drill results from the late 2018 reverse circulation drill program on the Lapon Canyon gold project, located approximately 60 kilometres southeast of Yerington, Nev.

RC drill hole LC18-28 returned 10.23 g/t Au (uncut) over 19.9 metres including 78.1 g/t over 1.5 metres at a depth of 50.3 metres and 221 g/t over 1.5 metres at a depth of 57.9 metres. RC drill hole LC18-30 returned 93.5 g/t Au over 1.5 metres at a depth of 42.7 metres.

Key Highlights:

  • To date, mineralization has been discovered in a broad, altered, fractured and brecciated NE trending structural zone termed the Lapon Rose Zone. Anomalous gold values are denoted in many areas within this zone, and significant higher-grade mineralization over significant widths is located within sub vertical en echelon zones of intense alteration and gold enrichment.
  • Walker's initial geological mapping and prospecting on the Project followed by its drill programs has demonstrated the potential for the emplacement of significant gold mineralization.
  • The 2018 drilling focused on infill and expansion drilling at the Lapon Rose zone, as well as exploration and drilling new targets including other fault alteration zones, which in some instances show evidence of previous workings.
  • Significantly in Hole LC18-30, drilling intersected 93.5 g/t Au immediately prior to encountering old mine workings. These workings were intersected over 9.1 metres at a depth of 44.2 metres. This continues to verify historical data of the positioning of previously reported workings, in presently inaccessible mined out areas.
  • Consistently, since the start up of drilling on the project, all holes drilled within the Lapon Rose zone returned gold values with the majority (80%) returning significant grades and widths in en echelon zones of gold enrichment.
Assay Table: Summary of Drill Results:

Hole    Alt.(m)From(m)To(m)Length**(m)Assay   (Au g/t)uncut        cut*Notes:           
LC 18-282630   0      33.5 33.5       1.05                             Lapon Rose       
               33.5   53.4 19.9       10.23         7.61               Lapon Rose       
incl           36.6   38.1 1.5        18.3                             Lapon Rose       
incl           50.3   51.8 1.5        78.1          34.28              Lapon Rose       
               57.9   60.9 3          111.27        17.9               Lapon Rose       
incl           57.9   59.4 1.5        221           34.28              Lapon Rose       
                                                                                        
LC 18-302630   15.2   30.4 15.2       1.02                             Lapon Rose       
               42.7   44.2 1.5        93.5         34.28               Lapon Rose       
               44.2   53.3 9.1        No Samples                       Old mine workings

*Grade cut to 34 g/t

**True widths approx. 80%

The Lapon Rose Zone has now been drilled over a strike length of some 365 metres. The width of the zone exceeds 150 metres, and the zone has been drilled over a vertical extent of 400 metres. The zone remains open along strike and depth.

The 2018 drill program was designed to expand gold mineralized zones discovered by the Company, to discover and delineate new gold mineralized zones. Further results from the 2018 drill program are expected to be released shortly.

Michel David, President states: "We are very excited and encouraged by the continuation of the results from the Lapon Canyon Project. Most of the holes drilled in the Lapon Rose zone have returned significant gold grades and widths. We have also extended the strike length and width of the gold mineralization in Lapon Rose and have also shown that the gold mineralization is present over 400 vertical metres. The zone is also open at depth and strike." Mr. David continues: "We are very encouraged by higher grade gold values in the zones but are also very encouraged by the presence of lower grade mineralization and anomalous gold present pervasively throughout the alteration fault zone and enveloping the higher grades."

About the Lapon Project

The Lapon Project consists of 96 claims (1,940 acres) situated in the Wassuk Range, easily accessible by secondary state roads from the main highway (25 kilometres). A state grid power transmission line passes within three kilometres of the Lapon Project. The Lapon Project is located within the Walker Lane shear zone, a 100-kilometre-wide structural corridor extending in a southeast direction from Reno, Nevada. Within this trend, numerous gold, silver, and copper mines are located, notably the historic Comstock Lode mines in Virginia City. Also, the past producing Esmeralda/Aurora gold mine, with reported production of some one million ounces and the Anaconda open pit copper mine in Yerington, Nevada.

The Lapon Project is cut by a series of steeply dipping cross fault structures cutting across the Walker trend, analogous to other cross fault structures responsible for many gold and base metal deposits in the world. These faults are heavily sheared and altered (sericite, iron oxides) with abundant silica, varying in width from 60 to 300 metres. Four of these structures have been discovered at Lapon, and at least two can be traced for over four kilometres.

Small-scale high-grade mining began on the project in 1914. Approximately 600 metres of drifts and raises were developed from two adits and a two-stamp mill was built. Further underground work was carried out, returning numerous assay values in the range of one ounce per ton, with a sample at the end of an adit returning 20.6 ounces per ton. (National Instrument 43-101, Montgomery and Barr, 2004). Additional work on the Project in the following years, included the installation of a ball mill and milling facilities.

 

Reports Assays of 3.28 g/t Au over 4.20 Metres and 1.29 g/t Au over 12.60 Metres

 

TTR 18 08 1485 Photo Marudi

 

Guyana Goldstrike Inc. (GYA.V) is pleased to reported assay results from Trenches TTR-18-11, TTR-18-12, and TTR-18-13 at the Toucan Ridge area on its Marudi Gold Project located in the Guiana Shield, Guyana, South America.

Trench TTR-18-11

TTR-18-11, located approximately 500 metres northeast of trench TTR-18-06 along Toucan Ridge, was trenched for a total length of 125.00 metres and 50 samples were taken. Quartzite-metachert (host rock) was exposed in place for two intervals with a total length of 56.40 metres. Assay results are from samples taken in hard and slightly weathered host rock. Assays returned values of 0.81 g/t Au over 6.00 metres, within 22.60 metres of 0.28 g/t Au, and 3.28 g/t Au over 4.20 metres within 23.80 metres of 0.61 g/t Au.



Note: Interval lengths do not represent true widths.

Trench TTR-18-12

Trench TTR-18-12, located approximately 500 metres northeast of trench TTR-18-06 along Toucan Ridge, was trenched a total length of 136.50 metres with 57 samples taken. It was trenched parallel to trench TTR-18-11 and was oriented to cross an outcrop of quartzite-metachert. Assay results are from samples taken in hard and slightly weathered host rock. Assays returned values of 1.29 g/t Au over 12.60 metres and 1.18 g/t Au over 9.00 metres, within 85.10 metres of 0.36 g/t Au. The interval length of 85.10 metres represents the trenching programs longest mineralized interval to date.



Note: Interval lengths do not represent true widths.

Trench TTR-18-13

TTR-18-13, also parallel to TTR-18-11 and 12, located approximately 500 metres northeast of trench TTR-18-06 along Toucan Ridge, was trenched for a total length of 137.90 metres with 55 samples taken. Assay results are from samples taken in hard and slightly weathered host rock. Assays returned values of 1.37 g/t Au aver 6.00 metres within 60.00 metres of 0.21 g/t Au.



Note: Interval lengths do not represent true widths.

Toucan Ridge Trenching

These represent the final assays from trenches TTR-18-11, TTR-18-12, and TTR-18-13. A total of 2023 metres has been trenched and 630 samples taken. The area of interest continues for more than 1.75 kilometres to the east of trench TTR-18-06. To date, a total of 12 trenches have been completed within the area of interest. Trench sites are planned where quartzite-metachert is exposed or interpreted to occur beneath the transported overburden.

Please view below, " Table of Significant Gold Assay Results to Date" for a list of all trenching results on Toucan Ridge to date, and " Toucan Ridge Location Map " for the location of the Toucan Ridge area of interest and related trenches.

Current Gold Zones and Mineral Resource Estimates at Marudi

The Mazoa Hill Zone contains the Company's current mineral resource estimate. The Toucan Ridge area is located approximately one kilometre north of the Mazoa Hill zone. Data analyzed suggests that the mineralized zone is open at depth and to the southeast. Mazoa Hill zone mineral resource estimates:

  • - 259,100 indicated gold ounces within 4,428,000 tonnes grading 1.80 g/t;

    - 86,200 inferred gold ounces within 1,653,000 tonnes grading 1.60 g/t

 

To view the full news release visit

 

NEWS LINK

MAX TO RECEIVE INITIAL SAMPLING RESULTS NEXT WEEK
 
MAX Gold photos
 
MAX Gold photos 1 
 
 
Max Resources (MXR.V) announced it is receiving the initial sampling analysis results sometime next week for the Company’s 1,757 sq. km gold bearing conglomerate “Choco Gold Bearing Conglomerate Project”, located 100km SW of Medellin, Colombia. The MAX technical team have determined the best way to obtain the grade of the gold bearing conglomerates is to actually crush the conglomerate and then process the material to physically recover the free gold from the sample, rather than just assay the samples.
Brett Matich, Max’s President and CEO, commented: “We are all eagerly awaiting next week’s initial sampling results. Our sampling methodology allows the Company to calculate gold recovery, which is far more beneficial than simply determining the gold contained within the samples by conventional assay” Mr. Matich continued: “Our exploration program is in full force with the objective of expanding the current 36 sq. km exploration area.
 
 
For the complete news release visit the news link.
 

Receives Conditional TSX Venture Exchange Approval for Novita Gold Bearing Conglomerate Transaction

 

gold with nuggets1

 

MAX RESOURCE CORP. (MXR.V)  announced it has executed the final "Novita Project" Asset Purchase Agreement with Noble Metals Limited and its subsidiary Condoto Platinum Limited and received conditional approval from the TSX Venture Exchange for the transaction. The transaction includes:

  • The 100% rights to mineral claims and mineral applications, and more importantly, the "Novita Agreement", an exclusive right of first refusal to the mineral rights and mining rights over 1,050 sq. km held by the Novita Higher Community Council as sole owners of the land and minerals.
  • The Novita Agreement area encompasses or is adjacent to the Company's Choco Precious Metals Project, located 100 km SW of Medellin, Colombia.
  • The Choco Precious Metals Project covers or is adjacent to historic surface production of 1.5Mozs of gold and 1.0Mozs of platinum by Compania Minera del Choco Pacifico between 1906 and 1990. (Source: R.J. Fletcher and Associates (2011) Review of Gold and Platinum Exploration and Production in Choco Province Colombia Part 3. Private Report for Condoto Platinum Ltd).
  • Under the terms of the Novita Agreement, the Novita Higher Community Council is entitled to 12.5% of Net Revenue Return (as defined below) to the Council and 5% of Net Revenue Return to the Committee from any present or future mining production within the Novita Agreement area.
  • Established infrastructure, including a fully operation 30 exploration camp at the town of Novita

Brett Matich, Max's President and CEO, commented: "Mr. Bill Hayden, founder and former director of Noble Metals assembled the Novita Project and he will assist the Company's aggressive exploration programs." Mr. Matich continued: "Gold pundits are forecasting prices to continue to rise as demand continues to strengthen. Max is strategically positioned to take advantage of this rising market through its Colombian gold assets."

News Link http://www.maxresource.com/?news=1440

GOLD BEARING CONGLOMERATE DISCOVERY EXPANDS THE MINERALIZED ZONE

 

 Gold sample 4

Max Resource Corp. (MXR.V) announced exploration results from the Company’s 1,757 sq. km gold bearing conglomerate “Choco Precious Metals Project”, located 100km SW of Medellin, Colombia. Highlights

• On-going exploration by the Choco team has located gold bearing conglomerate, designated Outcrop 2, a further 7.5km to the south;

• The area of our on-going exploration now covers 36 sq. km;

• Processing of the gold bearing conglomerate from the six 2m by 2m by 30cm trial pits and the two outcrops continues and results will be reported as received and verified;

• Field exploration continues, with the objective of increasing the lateral extent of the conglomerates and gold mineralization of the Company’s Choco Precious Metals district area.

Brett Matich, Max’s President and CEO commented: “The continuing exploration success suggests Max may well be on the cusp of a new gold discovery. The results of this exploration program will provide an indication of the scale of this project.”

 

 Link to Images

 

Exploration to date:

• sinking of six 2m by 2m by 30cm trial pits and sampling of two outcrop exposures over a 36 sq. km area;

• processing 25kg to 50kg random samples from the + 2,000 kg of conglomerate produced from each of the six test pits to confirm the presence of free gold;

• processing 25kg to 50kg of chip samples from the two outcrop exposures to confirm the presence of free gold;

• free gold was observed in the first sample from each of the first five trial pits;

• confirmation of a vertical thickness of 12m from outcrop 1 in near the centre of the 36 sq. km area.

 

Link to Images

 

http://www.maxresource.com/

Reports High-grade Assays of 23.59 g/t Au over 0.60 Metres within 3.60 Metres of 4.82 g/t Au in Trench TTR-18-10 at Toucan Ridge Area, Marudi Gold Project, Guyana

 

Gold Sample Fingers

 

 

Guyana Goldstrike Inc. (GYA.V) reported high-grade assays from trench TTR-18-10 at the Toucan Ridge area on its Marudi Gold Project located in the Guiana Gold Belt, Guyana, South America.

Trench TTR-18-10

Trench TTR-18-10 final assay results from quartzite-metachert (host rock) have returned high-grade values of 23.59 g/t Au over 0.60 metres within 3.60 metres of 4.82 g/t Au. In addition, an assay result of 0.43 g/t Au over 20.90 metres was obtained from colluvium at the overburden-saprolite interface, continuing downslope from the high-grade interval described above.

Trench TTR-18-10 is located approximately 350 metres eastward of trench TTR-18-06 and was trenched for 354.50 metres with 134 samples taken. Five sections have been identified as bearing quartzite-metachert host rock. The Toucan Ridge area of interest continues for more than 1.75 kilometres to the east of trench TTR-18-05.

For the complete news release visit the link below

https://www.guyanagoldstrike.com/news/2019-news-release/232-

ENTERS INTO SPONSORSHIP AGREEMENT WITH STAR FINANCE GMBH

 

 

partnership

 

Max Resource Corp. (MXR.V) has entered into a sponsorship agreement with Star Finance GmbH, a private company based in Steinhausen, Switzerland, and Cologne, Germany, for European corporate communication services.

Star Finance is owned and operated by Michael Adams who is an experienced communications professional with more than 15 years of experience assisting Canadian public companies with introductions to investors, primarily in Germany and German-speaking Europe. Among other services, Star Finance owns and operates two established investment-focused financial websites and provides information about investment opportunities to its audience through an e-mail newsletter, websites and various social media channels in the form of written articles as well as video content.

The Sponsorship Agreement provides for the introduction of the Company to Star Finance's audience and subscribers, as well as the distribution of Company news releases through Star Finance's channels and/or the creation and launch of web-based video interviews.

Star Finance has advised the Company that it does not hold any direct or indirect interest in the Company or its securities, or any right to acquire any such interest. The arrangement will have a 12-month term at a cost of 5,000 EUR per month, with certain prepayment discounts possible. Costs associated with the arrangement will be paid from general working capital. The arrangement with Star Finance is subject to TSX Venture Exchange ("TSXV") approval.

About Max Resource Corp.

Max Resource Corp.'s focus is to explore and consolidate gold and platinum group mineral assets in the richly endowed "Choco Mineral District" of Colombia and to explore the Gachala sedimentary copper hosted mineral belt of Colombia.

http://www.maxresource.com

RUBICON ORGANICS AWARDED CULTIVATION & PROCESSING LICENSES FROM HEALTH CANADA

 

MJ Prodcution 1

 

Rubicon Organics Inc.'s (ROMJ.V) wholly owned subsidiary Vintages Organic Cannabis Company Inc. has been awarded cultivation and processing licences from Health Canada pursuant to the Cannabis Act. Rubicon Organics is positioned to expand its leadership presence by providing super-premium, certified organic products for recreational and medical use in Canada and for export to international markets.

The Cultivation & Processing Licenses were awarded to Rubicon Organics' 20-acre property with a state-of-the-art 125,000 sq. ft. facility in British Columbia. The facility has been specifically designed to be the best of both worlds, by utilizing both industry leading LED technology and supplemental sunlight allowing Rubicon Organics to produce organic cannabis at scale at the highest possible quality.

"Our next generation facility design when paired with our proprietary certified organic production system results in terpene and cannabinoid levels that will be unrivalled in Canada" said Jesse McConnell, Co-Founder and CEO of Rubicon Organics. "Our team is fully invested in understanding the Canadian marketplace and consumer, and we are excited to introduce our premium quality, terpene rich organic cannabis products through our recreational and medical cannabis brands in 2019."

The Cultivation & Processing Licenses allow Rubicon Organics to bring in an extensive library of unique and proven genetic starting materials with their first harvest anticipated in Q2 2019.

 

ABOUT RUBICON ORGANICS INC.

Rubicon Organics Inc. ("Rubicon Organics" or the "Company) (CSE:ROMJ) (OTCQX:ROMJF) is a Licensed Producer focused on building super-premium organic cannabis brands with operations in Canada, Washington and California. Rubicon Organics' flagship Canadian facility is a 125,000 sq. ft. state-of-the-art hybrid greenhouse with industry leading LED lighting and is located on a 20-acre property in Delta, British Columbia. Rubicon Organics' Washington facility is a newly constructed, 40,000 sq. ft hybrid greenhouse and extraction facility. The Company holds the intellectual property to produce premium, certified organic cannabis at high margin, while utilizing environmentally sustainable production methods. Rubicon Organics will begin cultivation in Q1 2019 with a combined Phase I capacity of 15,500 kg, including 4,500 kg leased to a Washington State licensed operator applying Rubicon Organics' cultivation methods. The Company also owns two award-winning U.S. cannabis brands: 1964 Supply Co.O in California and Doctor & Crook Co.O in Washington.

 

http://www.rubiconorganics.com

FREE GOLD IDENTIFIED IN FIRST FIVE CONGLOMERATE BULK TESTS

 

MAX Gold photos

 

MAX Gold photos 1

 

Max Resource Corp. (MXR.V) has released test sample results from five conglomerate trial pits, located within the company's Choco precious metal project, 100 kilometres southwest of Medellin, Colombia.

Highlights

  • Free gold was observed in the test sample concentrates from each of the five hard rock conglomerate trial pits;
  • The objective was to process approximately 40kg of the 2,500kg of conglomerate collected from each of the 2m by 2m by 30 cm deep pits to gravity test for signs of free gold;
  • The initial test results suggest potential gold continuity throughout a surface area of approximately 8 square kilometers; open in all directions;
  • Identification of a conglomerate outcrop 1.5km south of Pit 5 indicates a vertical thickness of 12m; test samples are currently being processed;
  • The Company is developing a processing system to analyze the gold content of the 2,500kg of bulk sample collected from each of the five pits;
  • additional samples are currently being processed; and
  • The on-going conglomerate test pit program continues to branch out further and further with the objective of increasing the lateral extent of the gold mineralization.

The exploration strategy is to determine the full lateral extent and gold content of the underlying hard rock conglomerate hosted gold deposits throughout the Company's 89 mineral license applications totaling 1,757 square kilometres in Western Colombia.

Brett Matich, Max's President and CEO commented: "Our initial exploration results support the historic reports of free gold contained within the underlying hard rock conglomerates which are potentially the source of the 1.5Mozs of gold and 1.0Mozs of platinum produced during historic surface mining." (Source: R.J. Fletcher and Associates (2011) Review of Gold and Platinum Exploration and Production in Choco Province Colombia Part 3. Private Report for Condoto Platinum Ltd) Plate 1. -2mm Concentrates with Free Gold.

Table 1. Hard Rock Conglomerate Bulk Sample Detail

                 Sample  weight (kg)   -2mm (kg)  Concentrate -2mm (g)
   Pit 1          0714       48.38        37.4         838
   Pit 2          0718        32.5        28.3      265.08
   Pit 3          0716       27.18       24.05      287.57
   Pit 4          0713       52.61        45.4         962
   Pit 5          0715        45.7        39.7          60

Table key: weight (kg) is the dry weight in kilograms of the conglomerate sample prior to processing; -2mm (kg) is the weight in kilograms of the -2mm fraction of the full sample after crushing and sieving; concentrate -2mm (g) is the weight in grams of the concentrate produced from the -2mm fraction of the full sample.

Exploration Program

The Company considers systematic bulk sampling at surface to be the most practical means of determining grade, processing characteristics and the lateral extent of the mineralization. Sampling the exposed face of outcrops will provide initial assessment of thickness, depth and gold content of this flat lying mineralized system.

The six 2m by 2m by 30cm deep test pits are excavated from surface by pneumatic hammer. A measured specific gravity of 2.2 indicates approximately 2,500kg to 3,000kg of hard rock conglomerate is collected from each pit.

The on-going exploration recently identified a 12m thick conglomerate outcrop approximately 1.5km south of the most southern test pit. Samples were taken down the face of the outcrop to determine gold distribution vertically through the conglomerate. Analytical results are pending.

Choco Precious Metals Project

MAX has 100% ownership of 82 and 50% of 7 mineral license applications, totaling over 1,757 square kilometres, located within Choco Department approximately 100km SW of the city of Medellin, Colombia.

Compania Minera del Choco Pacifico ("Choco Pacific") produced 1.5 million ounces of surface gold and 1.0 million ounces of surface platinum from the "Choco District" between 1906 to 1990, largely limited to an average depth of 8 meters or less.

 

http://www.maxresource.com/

Announces Second Discovery of Area of Gold Host Rock Northeast of Toucan Ridge Area
 
 
 Trench
 
 
Guyana Goldstrike Inc. (GYA.V) reported that their technical team has made a second discovery of quartzite-metachert (host rock) northeast of Toucan Ridge, on its Marudi Gold Project located in the Guiana Gold Belt, Guyana, South America.
 
A large quartzite-metachert (host rock) outcrop was identified. This outcrop is approximately 2,300 metres northeast of Toucan Ridge trench TTR-18-06 which is the westernmost trench at the Toucan Ridge area. It is also approximately 1,100 metres northeast of Toucan Ridge trench TTR-18-15, which is the location of a previously reported discovery of host rock at surface.
 
 
The technical team is of the opinion this discovery may present a new zone of potential gold mineralization and is geologically distinguishable from Toucan Ridge. This new area has been termed “East Marudi”.  
 
 
 
Mineral Resource Estimates from the Mazoa Hill Zone
 
The Mazoa Hill Zone contains the Company’s current mineral resource estimate. The Toucan Ridge area is located approximately one kilometre north of the Mazoa Hill zone. Data analyzed suggests that the mineralized zone is open at depth and to the southeast. Mazoa Hill zone mineral resource estimates:
 
  • 259,100 indicated gold ounces within 4,428,000 tonnes grading 1.80 g/t;
  • 86,200 inferred gold ounces within 1,653,000 tonnes grading 1.60 g/t

 

 

 

For further information please visit  www.guyanagoldstrike.com

 

Strengthens Management Team with Appointment of Agriculture Industry Expert

 

MJ Leaf

 

Benchmark Botanics (CSE: BBT.C) announced the addition of a well-respected agriculture industry leader Mr. Hua Zhang PhD to the Benchmark team as Vice President of Production. Mr. Zhang will provide operational expertise overseeing overall production strategies and planning as the Company continues to expand and ensure the highest quality cannabis products are produced at its Peachland Cannabis Complex and the Pitt Meadows Greenhouse Operations.

"The addition of Hua further strengthens our team and we look forward to working with this well-known industry leader,'' said William Ying CEO, Benchmark Botanics. "Professionalism and quality are central to bringing the best products to market, we welcome his expertise as we continue to grow our business around the country and into international markets."

Mr. Zhang has a long and extensive history of agricultural growing and production experience. Most recently he was Head Grower and Director of Production for Hortalizas Argaman in Jalisco Mexico where he oversaw the 135-acre farm including cucumber and tomato greenhouse production. Prior to Hortalizas Agraman, Mr. Zhang worked in Canada for 18 years which included being the Head Grower for Amoco Farms and Enns Plant Farms. He managed year-round production planning, climate and irrigation controls, labour budgeting, developing and implementing IPM strategy, personnel training and development. In 1997, he graduated with a PhD in Horticulture from Kansas State University.

Mr. Hua Zhang stated, "I'm excited about working with Benchmark Botanics and leading the Company's production in this growing and vibrant industry. Growing is my passion and I am particularly enthralled with the cannabis industry. I'm looking forward to this opportunity to make Benchmark Botanics a world leader in the cannabis industry."

The addition of Mr. Zhang is the latest example of Benchmark Botanics' strategy for building and working with the best talent in the industry. Coupled with our licensed production facilities, a rapidly expanding international medical cannabis business, and growing medical cannabis research, the Company is uniquely positioned to realize the opportunity presented by the advancement of cannabis legislation in Canada and increasingly around the world.

 

About Benchmark Botanics Inc.

Benchmark Botanics is a diversified multi-licensed cannabis producer focused on a three-way vertical business model targeting the medical, pharmaceutical, and recreational markets in Canada and the EU. The Company's business plan also includes a strategy to become a Canadian licensed producer to pioneer selling medical cannabis and hemp in China and throughout Asia.

Benchmark Botanics is focused on producing the highest-quality, indoor-grown cannabis for patients and adult recreational consumers, as well as developing international business partnerships to extend the Company's global footprint.

Benchmark Botanics' 100% owned subsidiary, Potanicals Green Growers Inc. is a Health Canada licensed producer under the Cannabis Act and its regulations (formerly ACMPR). The Company is producing at its indoor Peachland Cannabis Complex and is in the design stage for a Phase II expansion of an additional 50,000 square foot facility there. Along with cultivation and production, the company's Peachland BC facility also provides propagation, cultivation, cloning, storage, research and development, genetics and is progressing towards CBD oil extraction and an EU-GMP certification.

As part of its expansion strategy the company is building its second facility, a 4-acre Pitt Meadows Greenhouse Operations in BC.

The Company has established several European Union partnerships including the rights to "The Bulldog" trademark in Canada.The Bulldog trademark has a long-established successful history as one of the most well-known cannabis cafe brands in Amsterdam and around the world. Benchmark Botanics has also entered into an agreement with Barcelona, Spain-based Green BCN Corp. ("BBG Projects") for the development and production of new strains of cannabis plant and their propagating material for future sale and distribution. Benchmark Botanics has also established German commercial partnership to potentially export the Company's products into the EU markets.

 

www.benchmarkbotanics.com 

 

Drills 380.97 meters of 0.365% Cu and 264.86 meters of 0.421% Cu at Poplar Copper Project
Plans to continue to expand the size of the deposit
 
 
Diamond Drill Core in Box
 
 
Tasca Resources Ltd. (TAC.V)  reported the results of the winter 2018 diamond drilling program at its Poplar copper property, southwest of Houston, British Columbia, Canada.
 
 
Drill Assay Highlights:
 
18-PC-126 was mineralized from top of bedrock to full depth, averaging 0.365% Cu, 0.015% Mo, 0.145g/t Au and 2.31 g/t Ag over 380.97 metres. The last 30.17 metres contained the strongest mineralization:  0.554% Cu, 0.027% Mo, 0.104g/t Au and 4.44 g/t Ag; indicating the historic IP conclusion of mineralization continuing to depth appears valid.
 
18-PC-127 was mineralized from top of bedrock to full depth, averaging 0.421% Cu, 0.013% Mo, 0.105g/t Au and 2.63 g/t Ag over 264.86 metres, including a 27 metre interval averaging 0.643% Cu, 0.030% Mo, 0.146g/t Au and 2.62 g/t Ag.
 
18-PC-127 intersected 0.330% Cu, 0.002 % Mo, 0.118 g/t Au and 3.46 g/t Ag over 151.10 metres between 122.8 metres and 273.9 metres
 
Mineralization consists of both dissemination pyrite and chalcopyrite and stockwork vein to veinlet pyrite, chalcopyrite and molybdenite.
 
 
The purpose of the 2018 program was to extend to depth and expand the known mineralization: 18-PC-126 extended PC-22 from 184.1 metres to 404.47 metres ending in mineralization; 18-PC-127 extended PC-24 from 214.6 metres to 270.36 metres ending in mineralization; 18-PC-127 extended PC-19 from 188.1 metres to 273.9 metres. These three widely spaced holes also provided material for future metallurgical sampling. 
 
These results further indicate the potential to significantly expand the area of known mineralization at Poplar Property. Based on the assays above an aggressive and extensive drill programme will be designed to continue to expand the size of the known deposit. Tasca plans to both continue to drill laterally and to depth to increase the main deposit and to systematically test the satellite zones. A permit for further drilling is in place.
 
 

About the Poplar

The Poplar copper deposit hosts an historical indicated mineral resource of 131 million tonnes grading 0.31 per cent copper, 0.009 per cent molybdenum, 0.09 gram per tonne gold and 2.39 grams per tonne silver, and a historical inferred mineral resource of 132 million tonnes grading 0.27 per cent Cu, 0.005 per cent Mo, 0.07 g/t Au and 3.75 g/t Ag has been identified through the drilling of 147 historical holes.

 

 

 

INTERSECTS 129 G/T GOLD AND 1,154 G/T SILVER OVER 7.28 METERS 

 

Gold drill core

 

GGX Gold Corp. (GGX.V) has received drill core analytical results for drill holes COD18-65 to COD18-67 completed during the November, 2018, diamond drilling program at its Gold Drop property near Greenwood in Southern British Columbia. COD18-67 intersected near-surface high-grade gold and silver with significant tellurium in the COD quartz vein. COD18-67 tested the southwest region of the COD vein in an area of prior high-grade gold drill intercepts. The mineralized COD vein system has been traced by drilling and/or trenching for an approximately 400-metre strike length and is open to the northeast, at depth and possibly to the southwest. Highlights for COD18-67 include:

  • 129 grams per tonne gold and 1,154 g/t silver over 7.28-metre core length (majority of samples greater than the upper 50-gram-per-tonne analytical limit for tellurium);
  • High-grade quartz vein intersection is near surface (18- to 23-metre vertical depth);
  • Part of exploratory shallow drilling designed to define high-grade mineralization and expand the understanding of controls on mineralization;
  • Telluride mineralization is common in vein intersection; visible gold in one section.

The November, 2018, diamond drilling program (11 drill holes: COD18-61 to COD18-71) tested the southwest region of the COD vein in an area of high-grade gold and silver mineralization. The COD vein is located in the Gold Drop Southwest zone. Prior 2018 drill holes in this part of the COD vein intersected near-surface high-grade gold and silver mineralization (news releases of Aug. 15 and Aug. 22, 2018). These include (core length):

  • COD18-45: 50.1 g/t gold and 375 g/t silver over 2.05 metres (including 167.5 g/t gold, 1,370 g/t silver and greater than 500 g/t tellurium over 0.46 metre);
  • COD18-46: 54.9 g/t gold and 379 g/t silver over 1.47 metres (including 223 g/t gold, 1,535 g/t silver and greater than 500 g/t tellurium over 0.30 metre);
  • Approximate 20-metre (COD18-45) to 23-metre (COD18-46) vertical depth of high-grade gold and silver mineralization.

Drill holes COD18-45 and COD18-46 were drilled at 45- and 50-degree dips to the west from the same site to intersect the northeast-southwest-striking COD vein.

Intersections exceeding one g/t gold for drill holes COD18-65 to COD18-67 are listed in the attached table. Since true widths cannot be accurately determined from the information available, the core lengths (metres) are reported.

                                     DRILL RESULTS

Hole ID            From (m)     To (m)     Length (m)      Au (g/t)     Ag (g/t)     Te (g/t)

COD18-66             16.35      16.75           0.40          1.02         6.22         3.46
COD18-66             22.96      23.90           0.94          6.97         46.8         34.4
COD18-67             23.19      30.47           7.28         129.1      1,154.9
COD18-67 incl.       23.58      23.95           0.37           106        1,250         >500
COD18-67 incl.       24.50      27.63           3.13         232.1      2,001.1         >500
COD18-67 incl.       29.70      30.47           0.77           143      1,372.9         >500

Samples of felsic intrusive wall rock adjacent to the high-grade vein in COD18-67 returned low-grade gold values of 0.77 g/t (22.00 to 23.19 metres) and 0.57 g/t (30.47 to 32.72 metres).

All of the November, 2018, drill holes were collared within 25 metres of holes COD18-45 and COD-46, the objective to define the high-grade mineralization in this part of the COD vein and to provide information on the controls on mineralization. Holes COD18-61 to COD18-66 were drilled to the west and slightly northwest at dips of 45 to 60 degrees to intersect the approximately northeast-striking vein(s). Holes COD18-67 to COD18-71 were drilled at dips of 45 to 60 degrees slightly northeast to intersect the vein(s) at a shallower angle, the objective being to test the continuity of the quartz veining and mineralization.

Analytical results for drill holes COD18-61 to COD18-64 were reported in a news release in January, 2018, the highlight being an intersection of 28.0 g/t gold, 424.7 g/t silver and 150.4 g/t tellurium over a 1.17-metre core length in COD18-63.

The drill core was split with half core samples securely packaged and delivered to ALS Canada Ltd. in Vancouver, B.C. The core samples were analyzed for gold by fire assay-atomic absorption and for 48 elements (including silver and tellurium) by four-acid-ICP-MS. Samples exceeding 100 g/t gold were reanalyzed for gold by fire assay -- gravimetric finish. Samples exceeding 100 g/t silver were reanalyzed for silver by four-acid-ICP-AES. Samples exceeding 1,500 g/t silver by four-acid-ICP-AES were reanalyzed for silver by fire assay-gravimetric finish. Quality control (QC) samples were inserted at regular intervals.

Gold- and silver-bearing quartz veins occur in multiple regions on the property with high-grade gold reported (samples exceeding one ounce per ton gold reported).

Historical gold and silver production occurred at the Gold Drop, North Star, Amandy and Roderick Dhu vein systems.

David Martin, PGeo, a qualified person as defined by National Instrument 43-101, is responsible for the technical information contained in this news release.

"With each additional drill program, we are significantly improving the gold grade mineralization of the COD vein. We continue to expand the known strike length of the mineralized vein system, which remains open in several directions. With another new near-surface high-grade gold zone and increasing strike length, we are very satisfied with the results generated and optimistic on the gold potential of the Gold Drop project," commented Barry Brown, president.

COMPLETES PRINCETON GOLD PROPERTY AIRBORNE GEOPHYSICS AND REPORTS 66.2 g/t GOLD

 

Airborne Survey images

 

Tasca Resources Ltd. (TAC.V) has completed an airborne survey of its entire 14,650-hectare Princeton gold property. The survey was funded by joint venture partner Canarc Resource Corp. 

Tasca acquired the Princeton Gold Property in September 2016 to further explore 2010 and 2011 discoveries, where float grab and in-place quartz rock sampling documented 25 of 37 samples returning gold values in excess of 1,000 parts per billion with 13 of the 25 samples returning gold values in excess of 10,000 ppb gold, or 10 grams per tonne, to a maximum of 66,237 ppb or 66.2 grams per tonne gold.

Tasca subsequently completed a fall 2018 excavator trenching program tracing the 2010 and 2011 in place quartz veining and boulder over 120 metres along strike. Highlights from the program include:

  • The most significant result from this program is a quartz vein assaying 217 grams per tonne gold over 0.9 metre.A second sample three metres along the vein ran 99.7 g/t gold also over 0.9 metre.
  • Two angular quartz float samples assayed 115.5 g/t gold and 108.5 g/t Au.
  • The 2018 trenching program combined with the 2011 surface program has resulted in the collection of 53 in-place or angular quartz vein samples.Thirty-eight of the samples exceeded one g/t gold, with 24 of the 38 exceeding 10 g/t gold to a maximum of 217 g/t gold.
  • The zone was traced over 120 metres; overburden exceeded the six-metre reach of the excavator.

The Princeton Gold Property is underlain by both Eocene Princeton Group volcanics and Triassic Jurassic Nicola Group volcanics.While there is little historical evidence of mineral discoveries in the Princeton Group volcanics, recent mapping by the British Columbia Geological Survey and by Tasca geologists suggests the quartz vein mineralization is hosted or intimately related to the Princeton volcanics.

About Tasca Resources

Tasca Resources Ltd. (TAC: TSX-V; FWB: 3TA) is a Canadian-based mineral exploration company focused on the acquisition, exploration and development of mineral properties.Our objective is to build shareholder value through exploration and potential development or acquisition of existing projects with significant up-side.

 www.tascaresources.com

 APPOINTS HON. JAMES MOORE TO BOARD OF DIRECTORS

 

 

Canada Flag Govt

 

 

Benchmark Botanics Inc. (BBT.C) has appointed James Moore to the board of directors. The appointment strongly positions the company to continue with its business plan and to develop its operations and cannabis assets.

"We are pleased to welcome James to the Benchmark family as a member of our board of directors," said William Ying, chief executive officer of Benchmark Botanics. "James brings a wealth of global experience across a broad base of industry sectors and the political arena. Benchmark will greatly benefit from his professional knowledge, experience and strategic guidance."

James Moore is a senior business adviser at the multinational law firm Dentons and a public policy adviser at the global firm Edelman. He also serves as Chancellor of the University of British Columbia, is the national vice-chair of the Canadian Cancer Society, a member of the NAFTA Council for the Government of Canada and a corporate director. Previously he served as Canada's Minister of Industry, Minister of Canadian Heritage; Official Languages and Secretary of State for the Asia Pacific Gateway and Minister for the 2010 Olympics over a 15-year career as a Member of Parliament.

As cannabis regulatory reform continues to unfold across the globe and domestic and international opportunities emerge in its wake, Benchmark Botanics' qualified Board of Directors and management team are expected to position the Company to take full advantage of these opportunities and continue to add to its diversified portfolio of cannabis industry products and investments.

 

About Benchmark Botanics Inc.

Benchmark Botanics is a diversified multi-licensed cannabis producer focused on its three-way vertical business model targeting the medical, pharmaceutical, and recreational markets in Canada and the EU. The Company's business plan includes a strategy to become a Canadian licensed producer to pioneer selling medical cannabis and hemp in China and throughout Asia.

Benchmark Botanics is focused on producing the highest-quality, indoor-grown cannabis for patients and adult recreational consumers, as well as developing international business partnerships to extend the Company's global footprint.

Benchmark Botanics' 100% owned subsidiary, Potanicals GreenGrowers Inc. is a Health Canada licensed producer under the Cannabis Act and its regulations (formerly ACMPR). The Company is producing at its indoor Peachland Cannabis Complex and is in the design stage for a Phase II expansion of an additional 50,000 square foot facility. Along with cultivation and production, the company's Peachland BC facility also provides propagation, cultivation, cloning, storage, research and development, genetics and is progressing towards CBD oil extraction and an EU-GMP certification.

As part of its expansion strategy the company is building its second facility, a 4-acre Pitt Meadows Greenhouse Operations in BC.

The Company has established several European Union partnerships including the rights to "The Bulldog" trademark in Canada.

The Bulldog trademark has a long-established successful history as one of the most well-known cannabis cafe brands in

Amsterdam and around the world. Benchmark Botanics has entered into an agreement with Barcelona, Spain-based Green BCN Corp. ("BBG Projects") for the development and production of new strains of cannabis plant and their propagating material for future sale and distribution. Benchmark Botanics has also established German commercial partnership to potentially export the Company's products into the EU markets.

http://www.benchmarkbotanics.com