Friday, February 22, 2019

Investor Ideas Adds New Stocks in #AI, #Cleantech, #Cannabis, Mining and Biotech ($NEWR, $NTNX $LOOP $PMD)

Investor Ideas Adds New Stocks in #AI, #Cleantech, #Cannabis, Mining and Biotech ($NEWR, $NTNX $LOOP $PMD)



Point Roberts, WA, Delta BC – February 22, 2019 – (Investorideas.com Newswire) Investorideas.com, a global news source and leading investor resource announces this week’s additions to its global stock directories in AI, cleantech, cannabis, mining and biotech.

Investorideas.com is a go-to destination for retail investors and tracks companies in high-profile trading sectors and makes ongoing additions to its stock directories for its followers and members.


The newest tech companies are both involved in the use of AI in cloud computing and are listed on NYSE/Nasdaq markets.

The latest cleantech companies are involved in biodegradable/recyclable plastics and the lithium/EV sectors, respectively.

New in cannabis is the drug testing company, Psychemedics Corp. (NasdaqCM:PMD)which is the world’s largest provider of hair testing for the detection of drugs, including cannabis.

Finally this week, the latest companies added to mining and biotech are both listed on the CSE (Canadian Stock Exchange) and are operating within Canada.

New AI Companies:
New Relic (NYSE:NEWR) provides the real-time insights that software-driven businesses need to innovate faster. New Relic’s cloud platform makes every aspect of modern software and infrastructure observable, so companies can find and fix problems faster, build high-performing DevOps teams, and speed up transformation projects.  AI: New Relic Applied Intelligence (NRᴬᴵ) is a set of services that automatically finds meaning and solutions in your mountain of data. From advanced statistics to machine learning to artificial intelligence, NRᴬᴵ uses the right technique to give you answers to your most pressing issues—quickly and intelligently.

Nutanix (NASDAQGS:NTNX) is a global leader in cloud software and hyperconverged infrastructure solutions, making infrastructure invisible so that IT can focus on the applications and services that power their business. Companies around the world use Nutanix Enterprise Cloud OS software to bring one-click application management and mobility across public, private and distributed edge clouds so they can run any application at any scale with a dramatically lower total cost of ownership. The result is organizations that can rapidly deliver a high-performance IT environment on demand, giving application owners a true cloud-like experience. AI: Enterprise Cloud for AI

New Cleantech Companies:
Alternet Systems, Inc. (OTC: ALYI) is focused on offering varied, environmentally sustainable, energy storage solutions for targeted markets, including consumer electric vehicles and military applications. The first product category is lithium battery-powered motorcycles, to be followed by motorbikes. ALYI also recently brought Clarkson University Professor David Mitlin on board to lead a hemp energy storage initiative. Mitlin has successfully used hemp bast - the fiber left over from processing hemp - to construct carbon nanosheets that compete with, and in some respects, outperform the supercapacitor performance derived from more typical graphene nanosheets. Mitlin holds a US patent for his proprietary hemp energy storage technology.

Loop Industries, Inc. (NasdaqGM:LOOP) is a technology and licensing company whose mission is to accelerate the world’s shift toward sustainable plastic and away from our dependence on fossil fuels. Loop owns patented and proprietary technology that depolymerizes no and low value waste PET plastic and polyester fiber, including plastic bottles and packaging, carpet and polyester textile of any colour, transparency or condition and even ocean plastics that have been degraded by the sun and salt, to its base building blocks (monomers).  The monomers are filtered, purified and repolymerized to create virgin-quality Loop™ branded PET plastic resin and polyester fiber suitable for use in food-grade packaging to be sold to consumer goods companies to help them meet their sustainability objectives.  Through our customers and production partners, Loop is leading a global movement toward a circular economy by raising awareness of the importance of preventing and recovering waste plastic from the environment to ensure plastic stays in the economy for a more sustainable future for all.









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New Cannabis Companies:
Psychemedics Corp. (NasdaqCM:PMD) is the world’s largest provider of hair testing for the detection of drugs of abuse. The Company’s patented process is used by thousands of U.S. and international clients, including over 10% of the Fortune 500 companies, for pre-employment and random drug testing. Major police departments, Federal Reserve Banks, schools, and other public entities also rely on our unique patented drug testing process. We strongly believe our drug testing method to be superior to any other product currently in use, including traditional urine testing and other hair testing methods. Cannabis Testing










New Mining Companies:
Skarb Exploration Corp (CSE:SKARB)  is engaged in the business of mineral exploration in Canada with an objective to locate and develop economic mineral properties. Skarb Exploration Corp. holds the sole and exclusive right and option to acquire a 100% right, title, and interest in and to the RDR Gold Project located in Quebec, consisting of 16 mining claims.

New Biotech Companies:
Valeo Pharma Inc. (CSE:VPH)  is a specialty pharmaceutical company dedicated to the commercialization of innovative prescription products in Canada. With a focus on neurodegenerative diseases, woman’s health, and oncology and supportive care, Valeo Pharma has a growing portfolio of innovative products and a platform to properly manage these products through all stages of commercialization. Headquartered in Kirkland, Quebec, Valeo Pharma has all capabilities internally to register and market health care solutions for Canadian patients.

The directories are not meant as recommendations but as a research tool to discover opportunities and trading ideas in a particular sector.

About Investorideas.com - News that Inspires Big Investing Ideas
Investorideas.com is a recognized news source publishing third party news and press releases plus we create original financial content. Learn about investing in stocks and  sector trends  from Investorideas.com with our news alerts , articles , podcasts and videos  talking about cannabis,  crypto,  technology including  AI and IoT , mining ,sports biotech, water, renewable energy and more . Investorideas.com original branded content includes the daily Crypto Corner and Podcast, Play by Play sports and stock news column, Investor Ideas #Potcasts #Cannabis News and Stocks on the Move podcast and column,  Cleantech and Climate Change Podcast and  the AI Eye Podcast and column covering developments in AI. 

Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. More disclaimer and disclosure info: https://www.investorideas.com/About/Disclaimer.asp.
Additional info regarding BC Residents and global Investors: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: https://www.bcsc.bc.ca/release.aspx?id=6894.  Global investors must adhere to regulations of each country.

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Wednesday, February 20, 2019

#Lithium’s High Global Demand; A New Call for ‘Drill Baby Drill’ But Now it’s for #EV Metal Miners: (OTCQB: $ENRT) (CSE: $TOP.C) (TSXV: $SLL.V) (NYSE: $LTHM) (TSX: $ORL.TO)

#Lithium’s High Global Demand; A New Call for ‘Drill Baby Drill’ But Now it’s for #EV Metal Miners: (OTCQB: $ENRT) (CSE: $TOP.C) (TSXV: $SLL.V) (NYSE: $LTHM) (TSX: $ORL.TO)



Point Roberts WA, Delta BC – February 20, 2019 - Investorideas.com, one of the first global investor news source covering lithium stocks issues a snapshot looking at the projected growth demand for lithium and how lithium miners are looking to meet the growing global demand.

According to Research and Markets, the lithium ion battery market is estimated to grow from USD 37.4 billion in 2018 to USD 92.2 billion by 2024, at a CAGR of 16.2% between 2018 and 2024. The growth of the lithium ion battery market is driven by an increase in demand for plug-in vehicles, growing need for automation and battery-operated material-handling equipment in industries, growing demand for smart devices and other industrial goods, and high requirement of lithium-ion batteries for various industrial applications.

Electric Vehicle (EV) metals are all in demand; lithium, cobalt, rare earths, graphite, nickel, and copper. Here is how a few lithium companies are betting on the future and ramping up.

Enertopia Corporation (OTCQB:ENRT) (CSE:TOP) is looking to expand its lithium capacity, having recently announced that all drill core sample assays have been received from the four resource definition holes and one metallurgical test hole. The best hole for grade and thickness was TOP-02* that averaged 1,231 ppm li over 262 feet, Including 1,368 ppm li over 186 feet in the main reduced zone.


Drilling confirms widespread lithium mineralization on the property. This zone appears to have a regional NE trend starting from the Southwest on Cypress Development’s proposed high-grade starter pit, with an average grade of ~ 1,105 ppm Li and running through the project and then onto Noram Ventures project to the northeast where they have outlined a shallow resource to ~ 50 feet averaging 1,060 ppm li.

“Drilling has not only verified the Company’s expectations for the potential of the lithium horizon on our property but we have been able to show by the drill bit that the drill intersections to date indicate any future outlined resource could have Lithium values exceeding those of the proposed high grade starter pit envisioned on the Cypress Development property to our southwest,” stated President, Robert McAllister.

Standard Lithium Ltd. (TSXV:SLL.V) (OTC:STLHF) also reported on a maiden lithium resource statement for its approximately 30,000 acre Project (aka TETRA Project) in the south-western region of Arkansas, USA.  The maiden resource report includes 802,000 metric tonnes of lithium carbonate equivalent (LCE) at the Inferred Resource Category.  Combined with Standard Lithium’s other project in Southern Arkansas, this results in a total combined Arkansas lithium brine resource of 3,888,000 tonnes LCE.

Robert Mintak, CEO said, “This combined project in Southern Arkansas positions us as the largest lithium brine resource in the US; a significantly expanding market that currently relies on imports of foreign lithium.”  Dr. Andy Robinson, President and COO of Standard Lithium continued “Our collaboration with TETRA Technologies was fundamental in allowing Standard Lithium to gain a meaningful foothold in the south-west Arkansas Project area, and this maiden resource estimate is validation of the high resource potential we identified in this highly prospective region.  We look forward to tighter definition of this resource and developing its potential in parallel with the Lanxess property.”

Companies like Livent Corporation (NYSE: LTHM) who recently reported its fourth quarter and full-year 2018 results have seen the benefits of increased lithium demand.  For the year, Livent reported revenue of $443 million, an increase of 27 percent compared to 2017.

"We delivered revenue and Adjusted EBITDA for the fourth quarter of 2018 in-line with our prior expectations," said Paul Graves, President and Chief Executive Officer of Livent Corporation. "Looking ahead to 2019, we expect revenue growth in the high teens percentage, driven largely by higher volumes and a stable pricing environment."

"The fundamental drivers of demand in our industry continue to be positive. In particular, electric vehicle sales that are consistently exceeding even the most bullish forecasts, as well as battery technology developments that are increasingly favoring lithium hydroxide.  We remain confident that Livent will continue to be a leader in the performance lithium compounds industry in the coming years."

Orocobre Limited (OTC: OROCF) (TSX: ORL.TOprovided an update on the completion of pumping test activities at the Cauchari JV property located in Jujuy Province, Argentina.
The exploration program is being managed by JV partner Advantage Lithium Corp., who holds 75% of Cauchari. Orocobre owns 33.5% of Advantage Lithium's issued capital and 25% directly in the joint venture.
More lithium projects like Enertopia’s are expected as lithium demand continues to be driven by emerging technologies, and according to projections, this market has many booming years ahead of it.

For investors covering the sector, Investor Ideas has created a directory of lithium stocks in in its mining stocks directory and in its cleantech stock directories, relating to batteries. 

About Investorideas.com
Investorideas.com is a recognized news source publishing third party news and press releases plus we create original financial content. Learn about investing in stocks and  sector trends  from Investorideas.com with our news alerts , articles , podcasts and videos  talking about cannabis,  crypto,  technology including  AI and IoT , mining ,sports biotech, water, renewable energy and more . Investorideas.com original branded content includes the daily Crypto Corner and Podcast, Play by Play sports and stock news column, Investor Ideas #Potcasts #Cannabis News and Stocks on the Move podcast and column,  Cleantech and Climate Change Podcast and  the AI Eye Podcast and column covering developments in AI. 

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Disclaimer/Disclosure: Investorideas.com: Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp. Disclosure: this article featuring Enertopia Corporation is a paid for service on Investorideas.com. Learn more about costs and our services https://www.investorideas.com/News-Upload/
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Friday, February 15, 2019

Investor Ideas Adds New #Homebuilder, Mining, #eSports and #AI Stocks: ($CSWI, $MYRG, $JCTCF, $WMS, $ALLE, $CBPX, $ROCK, $PGTI, $USG)

Investor Ideas Adds New #Homebuilder, Mining, #eSports and #AI Stocks: ($CSWI, $MYRG, $JCTCF, $WMS, $ALLE, $CBPX, $ROCK, $PGTI, $USG)



Point Roberts, WA, Delta BC – February 15, 2019 – (Investorideas.com Newswire) Investorideas.com, a global news source and leading investor resource announces this week’s additions to its global stock directories in homebuilder/construction, mining and gaming.

Investorideas.com is a go-to destination for retail investors and tracks companies in high-profile trading sectors and makes ongoing additions to its stock directories for its followers and members.


The largest group of companies to be added are in homebuilding/construction, following recent news issued by Investor Ideas on steady growth expectations for the sector in 2019.

New companies are listed on either NYSE or Nasdaq and include construction product & material suppliers and manufacturing and/or distribution companies for all segments of the homebuilder & construction marketplace.

The latest mining companies are both listed on the TSX Venture Exchange and have project operations in Canada.  Also added is a new ETF for lithium/battery tech.

The newest gaming companies are involved in eSports (TSXV:EGLX.V) (OTCQB:EGHIF) (OTC:WINR) and casino gaming/gambling (NYSE: AGS).

The latest tech company, Sonasoft Corporation (OTCQB:SSFT) intends to integrate artificial intelligence (AI) into its enterprise-class archiving and business continuity software solutions for Microsoft platforms.

New Homebuilder Companies:
CSW INDUSTRIALS INC (NasdaqGS:CSWI) is a diversified industrial growth company with well-established, scalable platforms and domain expertise across two segments: Industrial Products and Specialty Chemicals. CSWI's broad portfolio of leading products provides performance optimizing solutions to its customers. CSWI's products include mechanical products for heating, ventilation and air conditioning ("HVAC") and refrigeration applications, sealants and high performance specialty lubricants. Markets that CSWI serves include: HVAC, industrial, rail, plumbing, architecturally-specified building products, energy, mining and general industrial markets.

MYR GROUP INC (NasdaqGS:MYRG) is a holding company of leading specialty contractors serving the electric utility infrastructure, commercial and industrial construction markets throughout the United States and western Canada who have the experience and expertise to complete electrical installations of any type and size. Their comprehensive services on electric transmission and distribution networks and substation facilities include design, engineering, procurement, construction, upgrade, maintenance and repair services. Transmission and distribution customers include investor-owned utilities, cooperatives, private developers, government-funded utilities, independent power producers, independent transmission companies, industrial facility owners and other contractors. Commercial and industrial electrical contracting services are provided to general contractors, commercial and industrial facility owners, local governments and developers generally throughout the west, mid-west and northeast United States and western Canada

JEWETT-CAMERON TRADING CO (NasdaqCM:JCTCF) is a holding company that, through its subsidiaries (Jewett-Cameron Companies), operate out of facilities located in North Plains, Oregon. Those businesses consist of the manufacturing and distribution of patented and patent pending specialty metal products, wholesale distribution of wood products, seed processing and sales, and sales of industrial tools and clamps.

ADVANCED DRAINAGE SYSTEMS (NYSE:WMS) is the leading manufacturer of high performance thermoplastic corrugated pipe, providing a comprehensive suite of water management products and superior drainage solutions for use in the construction and infrastructure marketplace. Its innovative products are used across a broad range of end markets and applications, including non-residential, residential, agriculture and infrastructure applications. The Company has established a leading position in many of these end markets by leveraging its national sales and distribution platform, overall product breadth and scale and manufacturing excellence. Founded in 1966, the Company operates a global network of approximately 55 manufacturing plants and over 30 distribution centers.

ALLEGION PLC (NYSE:ALLE) is a global pioneer in safety and security, with leading brands like CISA®, Interflex®, LCN®, Schlage®, SimonsVoss® and Von Duprin®. Focusing on security around the door and adjacent areas, Allegion produces a range of solutions for homes, businesses, schools and other institutions

CONTINENTAL BUILDING PRODS (NYSE:CBPX) is a leading North American manufacturer of gypsum wallboard, joint compound and complementary finishing products. The company is headquartered in Herndon, Virginia with operations serving the residential, commercial and repair and remodel construction markets primarily in the eastern United States and eastern Canada.

GIBRALTAR INDUSTRIES INC (NasdaqGS: ROCK) is a leading manufacturer and distributor of building products for the residential, industrial, infrastructure, and renewable energy and conservation markets. With a four-pillar strategy focused on operational improvement, product innovation, portfolio management and acquisitions, Gibraltar’s mission is to drive best-in-class performance. Gibraltar serves customers primarily throughout North America and to a lesser extent Asia.

PGT INNOVATIONS INC (NYSE: PGTI) manufactures and supplies premium windows and doors. Their highly engineered and technically advanced products can withstand some of the toughest weather conditions on Earth and are revolutionizing the way people live by unifying indoor and outdoor living spaces. PGT Innovations creates value through deep customer relationships, understanding the unstated needs of the markets it serves, and a drive to develop category-defining products. PGT Innovations is also the nation’s largest manufacturer of impact-resistant windows and doors, holds the leadership position in its primary market, and is part of the S&P SmallCap 400 Index. The PGT Innovations’ family of brands include CGI®, PGT® Custom Windows & Doors, WinDoor®, Western Window Systems, and CGI Commercial. The company’s brands, in their respective markets, are a preferred choice of architects, builders, and homeowners throughout North America and the Caribbean. Their high-quality products are available in custom and standard sizes with massive dimensions that allow for unlimited design possibilities in residential, multi-family, and commercial projects        

USG CORP (NYSE:USGis an industry-leading manufacturer of building products and innovative solutions. Headquartered in Chicago, USG serves construction markets around the world through its Gypsum, Performance Materials, Ceilings, and USG Boral divisions. Its wall, ceiling, flooring, sheathing and roofing products provide the solutions that enable customers to build the outstanding spaces where people live, work and play. Its USG Boral Building Products joint venture is a leading plasterboard and ceilings producer across Asia, Australasia and the Middle East


HomebuilderStocks.com - investing ideas in homebuilder stocks/real estate stocks and industry
Like Homebuilder Stocks? View our Homebuilder Stocks Directory

New Mining Companies:
Affinity Metals Corp.(TSXV:AFF.V) is focused on the acquisition, exploration and development of strategic metal deposits within North America.

Benchmark Metals Inc. (TSXV: BNCH.V) (OTCQB:CYRTF) is a Canadian mineral exploration company with its common shares listed for trading on the TSX Venture Exchange in Canada, the OTCQB Venture Market in the United States and the Tradegate Exchange in Europe. Benchmark is managed by proven resource sector professionals, who have a track record of advancing exploration projects from grassroots scenarios through to production.

Global X Lithium & Battery Tech ETF (NYSEArca:LIT) The investment seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Solactive Global Lithium Index. The fund invests at least 80% of its total assets in the securities of the underlying index and in American Depositary Receipts ("ADRs") and Global Depositary Receipts ("GDRs") based on the securities in the underlying index. The underlying index is designed to measure broad-based equity market performance of global companies involved in the lithium industry. The fund is non-diversified.

New Gaming Companies:
Enthusiast Gaming (TSXV:EGLX.V) (OTCQB:EGHIF) is the fastest-growing community of video gamers. Through the Company’s unique acquisition strategy, it has a platform of over 80 owned and affiliated websites reaching over 75 million monthly visitors and 900 YouTube channels and an additional 50 million monthly visitors. Enthusiast also owns and operates Canada’s largest gaming expo, Enthusiast Gaming Live Expo, EGLX, (eglx.ca) with over 55,000 people attending in 2018.

PlayAGS, Inc. (NYSE: AGS) a wholly owned subsidiary of AGS, a global company focused on creating a diverse mix of entertaining gaming experiences for every kind of player. Our roots are firmly planted in the Class II Native American gaming market, but our customer-centric culture and remarkable growth have helped us branch out to become one of the most all-inclusive commercial gaming suppliers in the world. Powered by high-performing Class II and Class III slot products, an expansive table products portfolio, highly-rated social casino solutions for players and operators, and best-in-class service, we offer an unmatched value proposition for our casino partners.

Simplicity Esports and Gaming Company (OTC:WINR) - formerly SMAAASH Entertainment Inc - The Company, completed its transaction with SMAAASH Entertainment Pvt. Ltd ("SMAAASH Private") on November 20, 2018.  SMAAASH Private is a global entertainment company offering interactive sports experiences and virtual reality gaming technology.  On December 31, 2018, the Company combined with NBA Memphis Grizzlies Minority Owner Jed Kaplan's Simplicity Esports ("Simplicity"). Simplicity is an established brand in the esports industry with an engaged fan base competing in popular games across different genres, including PUBG, Gears of War, Injustice 2 and NHL 19. The Simplicity stream team encompasses groups of casters, influencers and personalities who connect to a dedicated fan base which has viewed and consumed millions of minutes of Simplicity content cumulatively on various social media monthly.

New Tech/AI Companies:
Sonasoft Corporation (OTCQB:SSFT) is now an AI-first company. The Company intends to integrate artificial intelligence (AI) into the Company's core business model, which includes enterprise-class archiving, eDiscovery, and business continuity software solutions for Microsoft Business Applications on Microsoft Windows platforms. Sonasoft's signature products for eDiscovery tools, which include SonaVault 6.1 Email Archiving and eDiscovery Software, as well as SonaVault Email Archiving Appliances, deliver affordable enterprise-level functionality that exceeds compliance and ease-of-use requirements of large and medium-sized businesses, governments, school districts, organizations, and enterprises.  The Company also launched SonaSecure, which protects systems from ransomware and other email-based threats as well as provides email continuity services.  In addition, Sonasoft offers data export and migration services for competing email archiving solutions. Sonasoft email archiving and eDiscovery solutions have hundreds of deployments with an exceptionally high degree of customer satisfaction. Founded in 2003, the Company is headquartered in San Jose, California.

The directories are not meant as recommendations but as a research tool to discover opportunities and trading ideas in a particular sector.

About Investorideas.com - News that Inspires Big Investing Ideas
Investorideas.com is a recognized news source publishing third party news and press releases plus we create original financial content. Learn about investing in stocks and  sector trends  from Investorideas.com with our news alerts , articles , podcasts and videos  talking about cannabis,  crypto,  technology including  AI and IoT , mining ,sports biotech, water, renewable energy and more . Investorideas.com original branded content includes the daily Crypto Corner and Podcast, Play by Play sports and stock news column, Investor Ideas #Potcasts #Cannabis News and Stocks on the Move podcast and column,  Cleantech and Climate Change Podcast and  the AI Eye Podcast and column covering developments in AI. 

Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. More disclaimer and disclosure info: https://www.investorideas.com/About/Disclaimer.asp.
Additional info regarding BC Residents and global Investors: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: https://www.bcsc.bc.ca/release.aspx?id=6894.  Global investors must adhere to regulations of each country.

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Thursday, February 14, 2019

Investorideas.com Newswire - #Mining Stock News: #SilverCrest (TSXV: $SIL.V; NYSE: $SILV) Announces Babi Sur Vein High-Grade Discovery at Las Chispas

Investorideas.com Newswire - #Mining Stock News: #SilverCrest (TSXV: $SIL.V; NYSE: $SILV) Announces Babi Sur Vein High-Grade Discovery at Las Chispas



#Mining Stock News: #SilverCrest (TSXV: $SIL.V; NYSE: $SILV) Announces Babi Sur Vein High-Grade Discovery at Las Chispas

  • 2.2 Metres Grading 3,556 gpt AgEq
  • 2.2 Metres Grading 556 gpt AgEq
  • 1.5 Metres Grading 606 gpt AgEq
SilverCrest (TSXV: SIL.V)


Vancouver, British Columbia - February 14, 2019 (Investorideas.com Newswire) SilverCrest Metals Inc. (TSXV: SIL.VNYSE American: SILV) ("SilverCrest" or the "Company") SilverCrest Metals Inc. (TSXV: SIL) (NYSE American: SILV) ("SilverCrest" or the "Company") is pleased to announce the drill results and discovery of the Babi Sur Vein on the Las Chispas Property (the "Property") located in Sonora, Mexico. Recent drilling of the Babi Sur Vein has intersected high-grade silver-gold mineralization along a strike length of approximately 1.5 kilometres (see attached Figures). The Babi Sur Vein is parallel to the Babicanora Vein and approximately 300 metres apart. The Babi Sur Vein will be part of the upcoming updated resource, which will include at least nine (9) of the 30 veins identified to date in the district. The Company's current resource estimate includes only eight of the 30 veins (see "Technical Report and Updated Mineral Resource Estimate for the Las Chispas Property, Sonora, Mexico", effective September 13, 2018).
N. Eric Fier, CPG, P.Eng, and CEO, remarked, "The Babi Sur Vein is now the sixth high-grade vein discovery in the Babicanora area, each parallel to the Babicanora Vein with an average spacing of 150 metres between each. This discovery provides further understanding of our evolving geological model, which we are using to successfully discover additional high-grade mineralization in the district. Within the approximate 1.5 kilometre strike length of the Babi Sur Vein, the high-grade mineralized footprint appears to be related to three structurally-controlled shoots that are similar to other adjacent veins; i.e. Babicanora Norte. We currently have 12 drill rigs working onsite with five at the Babi Sur Vein for resource expansion and seven at the Babicanora Vein for infill drilling. We will continue drilling at the Babi Sur Vein to better define the high-grade footprint, as well as plan for drilling four more untested veins in the Babicanora area."
The most significant result for this release was returned from Hole BAS18-31, which intersected 2.2 metres (true width) grading 18.78 grams per tonne ("gpt") gold and 2,147.3 gpt silver, or 3,556 gpt silver equivalent ("AgEq", based on 75 (Ag):1 (Au) calculated using long-term silver and gold prices of US$18.50 per ounce silver and US$1,225 per ounce gold, with average recoveries of 86.6% silver and 98.9% gold). Also noteworthy is Hole BAS18-07 at 2.2 metres grading 4.63 gpt gold and 208.8 gpt silver, or 556 gpt AgEq. The following table summarizes the most significant drill intercepts for this news release (uncut, undiluted).
Babi Sur Vein Significant Drill Intercepts;
Note: all numbers are rounded. Hole BAS18-06 was extended to depth and renamed 06A.
* AgEq based on 75 (Ag):1 (Au) calculated using long-term silver and gold prices of US$18.50 per ounce silver and US$1,225 per ounce gold, with average metallurgical recoveries of 86.6% silver and 98.9% gold.
**True widths are 80 to 100% of drilled widths.

All assays were completed by ALS Chemex in Hermosillo, Mexico, and North Vancouver, BC, Canada.
A total of 39 core holes into the Babi Sur Vein have been completed with assays to date. Drill holes BAS18-01 to 05, 08, 12, 13, 15, 17, 18, 20 to 22, 24, 25, 28, 30 and 32, and BAS19-34 to 36 and 38 intercepted quartz veining/stockwork and anomalous mineralization, but are below the Company's 150 gpt AgEq cutoff. Several holes intercepted a hanging wall vein in the Babi Sur Vein as listed below.
The high-grade footprint of the Babi Sur Vein has been drill intercepted with 14 core holes over approximately 1.5 kilometre strike length (see attached Figures). Of the 14 intercepts with an average true width of 1.4 metres, six are greater than 400 gpt AgEq (400 to 3,555 gpt AgEq).
Not included in the above tables are the following most significant drill intercepts of a hanging wall vein located adjacent to or cross cutting the Babi Sur Vein:
Note: all numbers are rounded.
* AgEq based on 75 (Ag):1 (Au) calculated using long-term silver and gold prices of US$18.50 per ounce silver and US$1,225 per ounce gold, with average metallurgical recoveries of 86.6% silver and 98.9% gold.
**True widths are 80 to 100% of drilled widths.

The above intercepts are in a hangingwall vein immediately adjacent and/or intersecting the Babi Sur Vein and will be incorporated into the upcoming resource as part of Babi Sur.
The Company continues its Phase III exploration program with 12 drills (increased from nine since January 2019) on site, all on surface. Approximately 30,000 to 40,000 additional metres of drilling are budgeted for H1, 2019. For the remaining part of H1, the drills will be divided between further expansion drilling on numerous veins and ongoing infill drilling for re-categorizing the resource. The Company plans to provide an updated resource estimate in Q1, 2019 as planned, and a Preliminary Economic Assessment using the new resource within 30 to 60 days after the updated resource announcement. Other ongoing site work includes: continued preparation for the start of construction of the planned Area 51 decline in Q1, 2019, testing large-diameter wells for site water, and permitting for various planned work.
The Qualified Person under National Instrument 43-101 Standards of Disclosure for Mineral Projects for this news release is N. Eric Fier, CPG, P.Eng, and CEO for SilverCrest, who has reviewed and approved its contents.
Figure 1: Long Section (Inclined) of Babi Sur Vein Las Chispas Property, Looking Southwest

Figure 2: Las Chispas District with Babicanora Plan Map, February 2019

ABOUT SILVERCREST METALS INC.
SilverCrest is a Canadian precious metals exploration company headquartered in Vancouver, BC, that is focused on new discoveries, value-added acquisitions and targeting production in Mexico's historic precious metal districts. The Company's current focus is on the high-grade, historic Las Chispas mining district in Sonora, Mexico. SilverCrest is the first company to successfully drill-test the historic Las Chispas Project resulting in numerous discoveries. The Company is led by a proven management team in all aspects of the precious metal mining sector, including taking projects through discovery, finance, on time and on budget construction, and production.
FORWARD-LOOKING STATEMENTS
This news release contains "forward-looking statements" within the meaning of Canadian securities legislation. These include, without limitation, statements with respect to: the strategic plans, timing and expectations for the Company's exploration, rehabilitation and drilling programs of the Las Chispas Property, including drilling test water wells, permitting for various work, and optimizing and updating the Company's resource model; information with respect to high grade areas and size of veins projected from underground sampling results and drilling results; and the accessibility of future mining at the Las Chispas Property. Such forward-looking statements or information are based on a number of assumptions, which may prove to be incorrect. Assumptions have been made regarding, among other things: the conditions in general economic and financial markets; availability of skilled labour; timing and amount of expenditures related to rehabilitation and drilling programs; and effects of regulation by governmental agencies. The actual results could differ materially from those anticipated in these forward-looking statements as a result of risk factors including: the timing and content of work programs; results of exploration activities; the interpretation of drilling results and other geological data; receipt, maintenance and security of permits and mineral property titles; environmental and other regulatory risks; project cost overruns or unanticipated costs and expenses; and general market and industry conditions. Forward-looking statements are based on the expectations and opinions of the Company's management on the date the statements are made. The assumptions used in the preparation of such statements, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date the statements were made. The Company undertakes no obligation to update or revise any forward-looking statements included in this news release if these beliefs, estimates and opinions or other circumstances should change, except as otherwise required by applicable law.
N. Eric Fier, CPG, P.Eng
Chief Executive Officer
SilverCrest Metals Inc.
For Further Information:
SilverCrest Metals Inc.
Contact: Fred Cooper, Investor Relations
Telephone: +1 (604) 694-1730
Fax: +1 (604) 357-1313
Toll Free: 1-866-691-1730 (Canada & USA)
Email: info@silvercrestmetals.com
Website: www.silvercrestmetals.com
570 Granville Street, Suite 501
Vancouver, British Columbia V6C 3P1
Neither TSX Venture Exchange nor its Regulation Services Provider (as defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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