Tuesday, June 04, 2024

Breaking Gold Stock News: Great Atlantic (TSXV: $GR.V) Initiates Spending On Fully Funded Planned Bulk Sample $4,000,000 Estimated to be spent in ground at Jaclyn Main Zone Starting with Guidance Imaging Diamond Drilling Program; @GreatATLres

Breaking Gold Stock News: Great Atlantic (TSXV: $GR.V) Initiates Spending On Fully Funded Planned Bulk Sample $4,000,000 Estimated to be spent in ground at Jaclyn Main Zone Starting with Guidance Imaging Diamond Drilling Program; @GreatATLres

100% Owned Golden Promise Gold Property Newfoundland


FOCUSED ON EXPLORING ATLANTIC CANADA

 

VANCOUVER, British Columbia - June 4, 2024 (Investorideas.com Newswire) GREAT ATLANTIC RESOURCES CORP. (TSXV:GR; FRA: PH02) (the "Company" or "Great Atlantic") is pleased to announce it has applied for a diamond drilling permit through its wholly owned subsidiary, Golden Promise Mines Inc., for its Golden Promise Gold Property, located in central Newfoundland. The application is for nine drill holes at the Jaclyn Main Zone which hosts gold bearing quartz veins, including high grade gold mineralization. These guidance imaging holes are targeting the area of our fully funded planned bulk sample.

This news is paid advertisement/ news disseminated on behalf of/issued on behalf of Great Atlantic Resources

Read this news, featuring GR.V in full at https://www.investorideas.com/news/2024/06041GR-Diamond-Drilling-Program.asp

 

The opportunity to complete a fully funded bulk sample at the Jaclyn Main Zone using non-dilutive capital is a major milestone for the company. I would strongly encourage investors to look at the consortium working with Great Atlantic to complete this task. Taking a hands-on approach, I have traveled to the Netherlands to meet with the innovative Dutch Drilling team. After reviewing their previous engineering feats, the modifications made to the Bore Drill process that will be utilized for this project have only solidified my confidence in our potential success. This confidence extends not only to completing a bulk sample but also to advancing the balance of our current resource and the known and unknown high-grade gold veins within the complex of our property, which is located next to CXB.v, a soon to be proven producer within the Exploits Subzone" States Anderson CEO Great Atlantic.

The objective of the guidance imaging diamond drilling is to further define gold bearing quartz veins in one specific area of the Company's resource where the bulk sample is planned with its partner Novamera Inc. Extraction of the bulk sample will utilize a precision mining method powered by Novamera's proprietary Surgical Mining technologies (Novamera Website). The partners are currently finalizing the bulk sample program application and anticipating final approval by end of summer. Once permitting is approved, which is expected in the next few months, execution will be implemented. The program is fully funded with an anticipated spend in the ground of $4,000,000.00, which is being provided through the consortium with Digital. https://www.digitalsupercluster.ca/projects/data-driven-surgical-mining.




These guidance imaging drill holes will be initiated within the west region of the Jaclyn Main Zone targeting gold bearing veins to approximately 100 meters vertical depth.

 Great Atlantic confirmed high-grade gold in quartz veins in the west region of the Jaclyn Main Zone during 2019 and 2021 diamond drilling programs, including near surface intercepts (core length) of 113.07 grams / tonne (g/t) gold over 0.55 meters and 61.35 g/t gold over 2.04 meters that are located within the area of the Company's current resource (see Company news releases for results of 2019 and 2021 diamond drilling program).

The planned bulk sample at the Jaclyn Main Zone will be approximately 2,700 tonnes, to be extracted using a precision mining method, powered by Novamera's proprietary Surgical Mining technologies. The program at the Jaclyn Main Zone is being funded in part by co-investment from DIGITAL, Canada's Global Innovation Cluster for digital technologies, as part of a larger project that aims to support data-driven and digital solutions within the mining sector. The Link to the announcement can be found at https://www.digitalsupercluster.ca/projects/data-driven-surgical-mining.

Great Atlantic reported a National Instrument 43-101 compliant inferred resource estimate during late 2018 for the Jaclyn Main Zone of 357,500 tonnes at 10.4 g/t gold (119,900 ounces of gold - uncapped) (Company News Release of December 6, 2018; and Sedar-filed National

Instrument 43-101 Technical Report on the Golden Promise Property, Central Newfoundland (revised), dated December 4, 2018 by Mr. Greg Z. Mosher, M.Sc. App., P.Geo., and Mr. Larry Pilgrim, B.Sc., P.Geo.). The reported inferred mineral resource estimate for the Jaclyn Main Zone is as follows:



Mineral Resources are not Mineral Reserves and do not have demonstrated economic viability.

There is no certainty that all or any part of the Mineral Resources estimated will be converted into Mineral Reserves.

Mineral resource tonnage and contained metal have been rounded to reflect the accuracy of the estimate, and numbers may not add due to rounding.

Mineral resource tonnage and grades are reported as undiluted.

Contained Au ounces are in-situ and do not include recovery losses




The Golden Promise Gold Property is the largest and most advanced of eight central Newfoundland gold properties owned by Golden Promise Mines Inc. and located within the Exploits Subzone of the Newfoundland Dunnage Zone. One of these properties (Golden Trust) is located within one kilometer of the Valentine Gold Mine of Calibre Mining Corp. (TSX: CXB; OTCQX: CXBMF) which is also located within the Exploits Subzone. Readers are warned that mineralization at the Valentine Gold Mine is not necessarily indicative of mineralization at the Golden Promise Property or any of the other central Newfoundland gold properties of Golden Promise Mines Inc.

David Martin, P.Geo., (New Brunswick and Newfoundland and Labrador), a Qualified Person as defined by NI 43-101 and VP Exploration for Great Atlantic, is responsible for the technical information contained in this News Release.

On Behalf of the board of directors

"Christopher R Anderson"

Mr. Christopher R. Anderson

President CEO Director

604-488-3900 - Office

Investor Relations: 1-416-628-1560 IR @ GreatAtlanticResources.com




About Great Atlantic Resources Corp.:

Great Atlantic Resources Corp. is a Canadian exploration company focused on the discovery and development of mineral assets in the resource-rich and sovereign risk-free realm of Atlantic Canada, one of the number one mining regions of the world. Great Atlantic is currently surging forward building the company utilizing a Project Generation model, with a special focus on the most critical elements on the planet that are prominent in Atlantic Canada, Gold, Copper, Zinc, Nickel, Cobalt, Antimony and Tungsten.




This press release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, that address future exploration drilling, exploration activities and events or developments that the Company expects, are forward looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include exploitation and exploration successes, continued availability of financing, and general economic, market or business conditions.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Great Atlantic Resource Corp.

888 Dunsmuir Street - Suite 888, Vancouver, B.C., V6C 3K4

Great Atlantic Resource Corp. (TSXV: GR) is a featured mining stock on Investorideas.com

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

Disclaimer/Disclosure: GREAT ATLANTIC RESOURCES CORP. (TSXV.GR) is a paid featured mining stock on Investor Ideas. More info: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 investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact management and IR of each company directly regarding specific questions. More disclaimer and disclosure info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

 

 


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Friday, May 31, 2024

May Wrap Up- Tech and Biotech Stocks to Watch (CSE: $CYBT.CN) (TSX: $SFTC.TO) (TSX: $ADCO.TO) (NASDAQ: $JAGX)

 May Wrap Up- Tech and Biotech Stocks to Watch (CSE: $CYBT.CN) (TSX: $SFTC.TO) (TSX: $ADCO.TO) (NASDAQ: $JAGX)

 

Stocks to Watch in Automotive, Beverage and Mining - (NYSE: $CVNA) (NASDAQ: $NUZE) (CSE: $MEO.CN) (CSE: $GURN.CN)

 



 

 

May 31, 2024 – (Investorideas.com Newswire) Investorideas.com, a global news source and expert investing resource, announces today’s roundup of stocks to watch in the tech, biotech, automotive, beverage and mining sectors.  

 

Read this in full at https://www.investorideas.com/news/2024/main/05311Stocks.asp

 

The newest tech companies are involved in AI and cybersecurity, while the latest biotech company is a pharmaceutical firm creating plant-derived prescription medicines for treatment of GI diseases.

 

The newest automotive company provides an ecommerce website for buying and selling cars and the latest beverage company provides packaging for single serve coffee products.

 

The newest mining companies are CSE-listed and operate in North America.

 

Investor Ideas is always researching and searching for new stocks to add to our growing list of free stock directories. The directories are not meant as recommendations but as a research tool to discover opportunities and trading ideas in a particular sector.

 

New Stocks Added to the Tech Directories:

Cybeats Technologies (CSE:CYBTOTCQB:CYBCF) is a cybersecurity company providing SBOM management and software supply chain intelligence technology, helping organizations to manage risk, meet compliance requirements, and secure their software from procurement to development and operation. Our platform gives customers comprehensive visibility and transparency into their software supply chain, enabling them to improve operational efficiency and increase revenue. Cybeats. Software Made Certain.

 

Softchoice (TSX:SFTCOTC Pink:SFTCF) is a software- and cloud-focused IT solutions provider that equips organizations to be agile, innovative, and secure, and people to be engaged, connected and creative at work. We do this by delivering secure, AI-powered cloud and digital workplace solutions supported by our advanced software asset management methodology and capabilities. Through our ROI customer success framework, we create value for our customers by reducing their IT spending, optimizing their technology, and supporting business-driven innovation. We are a highly engaged, high-performing team that is welcoming, inclusive, and diverse in thought and experience, and are a certified Great Place to Work® in Canada and the United States.

 

Adcore Inc. (TSX:ADCO)(OTCQX:ADCOF) is a leading AI-powered marketing and technology company. By combining extensive industry knowledge and experience with its proprietary artificial intelligence (AI) powered technology, Adcore offers a unique digital marketing solution that empowers entrepreneurs and advertisers by managing and automating their e-commerce store advertising and monitoring and analyzing the performance of their advertising budget to ensure maximum Return on Investment. Adcore is a certified Google Premier Partner, Elite Tier Microsoft Partner, Facebook Partner and TikTok Partner. Established in 2006, the Company employs over fifty people in its headquarters in Tel Aviv, Israel and satellite offices in Toronto, Canada, Melbourne, Australia, Hong Kong and Shanghai, China.

 

New Stocks Added to the Biotech Directories:

Jaguar Health, Inc. (NASDAQ:JAGX) is a commercial stage pharmaceuticals company focused on developing novel proprietary prescription medicines sustainably derived from plants from rainforest areas for people and animals with gastrointestinal distress, specifically associated with overactive bowel, which includes symptoms such as chronic debilitating diarrhea, urgency, bowel incontinence, and cramping pain. Jaguar family company Napo Pharmaceuticals (Napo) focuses on developing innovative, patient-centric therapeutic solutions for essential supportive care and the management of neglected side effects across complicated disease states.

 

New Stocks Added to the Automotive Directories:

Carvana Co. (NYSE: CVNA) mission is to change the way people buy and sell cars. Over the past decade, Carvana has revolutionized automotive retail and delighted millions of customers with an offering that is fun, fast, and fair. With Carvana, customers can choose from tens of thousands of vehicles, get financing, trade-in, and complete a purchase entirely online with the convenience of home delivery or local pick up in over 300 U.S. markets. Carvana’s vertically integrated platform is powered by its passionate team, unique national infrastructure, and purpose-built technology. Carvana is a Fortune 500 company and is proud to be recognized by Forbes as one of America’s Best Employers.

 

New Stocks Added to the Beverage Directories:

NuZee, Inc. (NASDAQ: NUZE) is a leading co-packing company for single-serve coffee formats that partners with companies to help them expand within the single-serve and private label coffee category. Providing end-to-end innovative and sustainable solutions with the flexibility and capacity for both small roasters and large global brands, NuZee is revolutionizing the way single-serve coffee is enjoyed in the U.S. Through the brand's unique process, NuZee fulfills every aspect of co-packing needs, from sourcing, roasting and blending, to packing and packaging.

 

New Stocks Added to the Mining Directories:

Cameo Resources Inc. (CSE:MEO) is a mineral exploration company incorporated and domiciled in British Columbia, Canada. The business objective of the Issuer is to identify, evaluate, acquire and explore mineral properties for the purposes of identifying a mineral resource deposit at its flagship Nevada Project, as well as any other mineral properties that the Issuer may acquire an interest in from time to time subsequent to the date hereof.

 

Global Uranium Corp. (CSE:GURN) is a growth-oriented junior exploration company, purpose-built to explore for and develop mineral properties. The Company currently focuses on its material property, the Wing Lake Property, located in the Mudjatik Domain of northern Saskatchewan, Canada, an area known for uranium and base metal deposits. The Company also targets other mineral exploration opportunities in North America and may acquire interests in additional mineral projects of sufficient geological or economic merit.

 

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Rare Earth Breaking News - Defense Metals (TSX-V: $DEFN.V) (OTCQB: $DFMTF) Appoints Suzanne Rich Folsom to the Board of Directors; @defensemetals

Rare Earth Breaking News - Defense Metals (TSX-V: $DEFN.V) (OTCQB: $DFMTF) Appoints Suzanne Rich Folsom to the Board of Directors; @defensemetals

 

 


VANCOUVER, BC - May 31, 2024 (Investorideas.com Newswire) Defense Metals Corp. ("Defense Metals" or the "Company") (TSX-V:DEFN / OTCQB:DFMTF/ FSE: 35D) is pleased to announce the appointment of Suzanne Rich Folsom to the Board of Directors of the Company.

 

This news is paid advertisement/ news disseminated on behalf of/issued on behalf of Defense Metals Corp.

 

Read this news, featuring DEFN in full at https://www.investorideas.com/news/2024/05311DEFN-Suzanne-Rich.asp

 

Suzanne Rich Folsom is an experienced independent director, C-Suite executive, and influential business leader. Most recently she served as Senior Vice President and General Counsel, at Philip Morris International where she was a key leader in the company's transformation. Previously she was General Counsel, Chief Compliance Officer, and SVP-Government Affairs, at United States Steel Corporation where she also played a pivotal leadership role in that company's transformation as well as helping reinvigorate U.S. Steel's business growth. Throughout her career, Ms. Folsom has been a change agent and catalyst for organizational growth at multiple companies and organizations.

 

Her career includes senior corporate executive roles at ACADEMI, as the EVP, General Counsel, and Chief Compliance Officer, at AIG, as the Deputy GC and Chief Regulatory & Compliance Officer, and at the World Bank where she was the Counselor to the President and Director of the Department of Institutional Integrity. In addition, Ms. Folsom has held distinctive public administration roles including serving as: the Private Secretary to H.M. Queen Noor of Jordan; First Family Liaison to the Presidential Inaugural Committee; Special Assistant to Barbara Bush; Advisor to the US Delegation to the U.N. World Women's Conference in Kenya; Chief of Staff to the Co-Chair of a U.S. national political party; and she practiced law with three global law firms. She is a frequent thought leadership contributor and speaker and has been recognized in the United States and abroad for her many contributions. Ms. Folsom holds a juris doctorate from Georgetown University Law Center and a bachelor's degree from Duke University. Previous board service has included the boards of Advanced Metallurgical Group AMG, VELUX LLC, and Duke University's Sanford School of Public Policy. Ms. Folsom currently serves on the boards of the iconic Encyclopaedia Britannica, today a global digital media learning and knowledge products company, and Ecore International, a revolutionary leader in rubber circularity and a transformational waste company. She is also an Advisor to EqualFuture LLC, an AI-assisted financial wellness and education FinTech start-up.

 

Ms. Folsom's deep expertise in business strategy, governance, enterprise risk management, mergers and acquisitions, regulatory, compliance, cyber, trade, labor, and global public policy has enabled her to consistently deliver positive and measurable results to the corporate bottom line. Ms. Folsom's extensive leadership, corporate governance, public company, and global government affairs experience make her a highly valuable addition to the Company's Board of Directors.

 

The Company also announces the resignation of Andrew Burgess from its Board of Directors. The Board of Directors and management team thank Mr. Burgess for his contributions during his tenure since his appointment in January 2019 and wish him success in his future endeavours.

 

PFS Updates

The Company expects to announce in H2-2024 its preliminary feasibility study ("PFS") to be prepared in accordance with National Instrument 43-101 - Standards of Disclosure for Minerals Projects, for its 100% owned Wicheeda Rare Earth Element ("REE") project located near Prince George, B.C., Canada.

 

All infrastructure geotechnical field data collection and process design in support of the PFS has been completed. Equipment pricing, tailings disposal options and mine design are currently being advanced and the Company expects to announce the results of the PFS in H2-2024, with the NI 43-101 Technical Report to be filed within 45 days of the announcement.

 

About Defense Metals Corp. and its Wicheeda Rare Earth Element Project

Defense Metals Corp. is focused on the development of its 100% owned, 8,301-hectare (~20,534-acre) Wicheeda REE Project that is located on the traditional territory of the McLeod Lake Indian Band in British Columbia, Canada.

 

The Wicheeda REE Project, approximately 80 kilometres (~50 miles) northeast of the city of Prince George, is readily accessible by a paved highway and all-weather gravel roads and is close to infrastructure, including hydro power transmission lines and gas pipelines. The nearby Canadian National Railway and major highways allow easy access to the port facilities at Prince Rupert, the closest major North American port to Asia.

 

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

 

For further information, please visit www.defensemetals.com or contact:

Alex Heath
Vice President, Corporate Development
Tel: 1 604-354-2491
Email: alex@defensemetals.com

 

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

 

Cautionary Statement Regarding "Forward-Looking" Information

This news release contains "forward-looking information or statements" within the meaning of applicable securities laws, which may include, without limitation, statements relating to advancing the Wicheeda REE Project, the expectations and plans for the Wicheeda REE Project, continued progress toward collaborative opportunities with processing partners and strategic partners, the technical, financial and business prospects of the Company, its project and other matters. All statements in this news release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Such statements and information are based on numerous assumptions regarding present and future business strategies and the environment in which the Company will operate in the future, including the price of rare earth elements, the anticipated costs and expenditures, the ability to achieve its goals, that general business and economic conditions will not change in a material adverse manner, that financing will be available if and when needed and on reasonable terms. Such forward-looking information reflects the Company's views with respect to future events and is subject to risks, uncertainties and assumptions, including the risks and uncertainties relating to the interpretation of exploration and metallurgical results, risks related to the inherent uncertainty of exploration and development and cost estimates, the potential for unexpected costs and expenses and those other risks filed under the Company's profile on SEDAR+ (www.sedarplus.ca). While such estimates and assumptions are considered reasonable by the management of the Company, they are inherently subject to significant business, economic, competitive and regulatory uncertainties and risks. Factors that could cause actual results to differ materially from those in forward looking statements include, but are not limited to, continued availability of capital and financing and general economic, market or business conditions, adverse weather and climate conditions, failure to maintain or obtain all necessary government permits, approvals and authorizations, failure to maintain or obtain community acceptance (including First Nations), risks relating to unanticipated operational difficulties (including failure of equipment or processes to operate in accordance with specifications or expectations, cost escalation, unavailability of personnel, materials and equipment, government action or delays in the receipt of government approvals, industrial disturbances or other job action, and unanticipated events related to health, safety and environmental matters), risks relating to inaccurate geological, metallurgical, engineering and pricing assumptions, decrease in the price of rare earth elements, the impact of viruses and diseases on the Company's ability to operate, restriction on labour and international travel and supply chains, loss of key employees, consultants, officers or directors, increase in costs, delayed results, litigation, and failure of counterparties to perform their contractual obligations. The Company does not undertake to update forward-looking statements or forward-looking information, except as required by law.

 

Defense Metals Corp. (TSX-V:DEFN /OTCQB:DFMTF) is a featured mining stock on Investorideas.com

 

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