Canntab to Enter Medicinal Cannabis Market in Mexico
Letter of Intent with Labsco Promedic SA de CV of Mexico
Author: MotherlodeTV
Millennial Completes Milestone Environmental Baseline Studies at Pastos Grandes and Engages Vector-Ausenco for Construction and Operations EIA
Millennial Lithium Corp. (TSXV: ML) (FSE: A3N2) (OTCQX: MLNLF) (“Millennial” or the “Company”) is pleased to report that Ausenco-Vector (“Ausenco”) has completed a comprehensive programme of Environmental Baseline Studies at its Pastos Grandes Project in Salta, Argentina. Millennial is also pleased to announce that it has engaged Ausenco to complete an Environmental Impact Assessment for the potential exploitation of lithium at its Pastos Grandes Project.
Goldplay continues to intercept new silver-lead-zinc-gold mineralization from sampling of historical core at San Marcial; including 23 meters @ 160 gpt AgEq
Goldplay Exploration Ltd. (TSXV: GPLY, OTCQB: GLYXF) (“Goldplay” or the “Company”) is pleased to announce positive results from sampling of the historical core drill holes completed in 2010 (“historical core”), from the Company’s San Marcial Project in Mexico. The results support open pit potential for the initial 500-meter-long historical NI 43-101 resource area (“historic resource”). Results reveal a much wider mineralized zone along strike and down-dip than originally modelled in the historic resource with opportunities for expansion.
MGX Minerals to Process First Oil & Gas Wastewater in November; Projects First Cleantech Revenue
MGX Minerals Inc. (“MGX” or the “Company”) (CSE: XMG / OTCQB: MGXMF / FSE: 1MG) is pleased to report that engineering partner PurLucid Treatment Solutions (“PurLucid”) has deployed the first advanced wastewater treatment system in Alberta. The customer will pay C$35 per cubic meter for evaporator blowdown wastewater (“EBD”) processing. Delivery of first EBD wastewater is expected to occur on November 13th. The system, capable of processing 5 m3/h, is expected to operate at full capacity. The system will take highly concentrated EBD wastewater and treat it to a level suitable for reuse or standard low-cost disposals of clean liquids and physical solids and particulate. The system will provide significant cost savings for the customer.
Marathon Gold Announces Substantial Improvements in Updated PEA with 44% Increase in Recovered Gold, at the Valentine Lake Gold Camp, Newfoundland
Marathon Gold Corporation (“Marathon” or the “Company”) (TSX: MOZ) is pleased to announce the excellent results from an updated independent Preliminary Economic Assessment study (“PEA”) on its 100% owned Valentine Lake Gold Camp that was led by John T. Boyd Company and Lycopodium Minerals Canada. The new PEA optimizes the development of the Valentine Lake Gold Camp mineral resource by open pit mining, and gold recovery by a combination of a milling circuit and heap leaching, incorporating gravity and flotation circuits with leaching of the concentrate and tails. The study is based on an initial 12-year mine life and produced an after- tax Net Present Value (“NPV”) of $493 million using a 5% discount rate. The financial model shows an after- tax Internal Rate of Return (“IRR”) of 30% and a capital payback period of 2.5 years. All dollar figures are reported in US$ and after-tax unless stated otherwise.
FSD Pharma Announces Appointments of Dr. Raza Bokhari as Interim CEO and Co-Chairman, Anthony Durkacz as Co-Chairman and Zeeshan Saeed as President
The Board of Directors of FSD Pharma Inc. (“FSD Pharma” or the “Company“) (CSE: HUGE) (OTCQB: FSDDF) (FRA: 0K9) is pleased to announce the appointment of Dr. Raza Bokhari as interim CEO and Co-Chairman of the Board of Directors, replacing Thomas Fairfull.
Triumph Gold Purchases Royalty Interest in Golden Revenue Claims
Triumph Gold Corp., (TSX-V: TIG) (OTCMKTS: TIGCF) (“Triumph Gold” or the “Company”) is pleased to announce the purchase of a 2% Net Smelter Return (the “NSR”) interest in the Golden Revenue property, which is wholly contained within the Company’s 100% owned, road accessible Freegold Mountain Property, YT. With this purchase, a critical 9.9 sq. km portion of the Freegold Mountain property, centered over the Blue Sky-Revenue-Nucleus area, is now unencumbered by any royalties (Figure 1).
FSD Pharma announces issuance of cannabis license under Excise Act
FSD Pharma Inc. (“FSD Pharma” or the “Company“) (CSE: HUGE) (OTCQB: FSDDF) (FRA: 0K9) announced today that the Company’s application for a cannabis license under the Excise Tax Act has been conditionally approved by the Canada Revenue Agency (the “CRA“) and is effective as of October 17, 2018. The issuance of a cannabis license by the CRA is a requirement to sell cannabis and is a prerequisite to obtaining a sales license under the Cannabis Act.
Precipitate Acquires 100% Interest in Gold and Silver Property Adjoining Barrick and Goldcorp’s Pueblo Viejo Mine in Dominican Republic
Precipitate Gold Corp. (the “Company” or “Precipitate”) (TSXV: PRG) is pleased to announce it has entered into a purchase-sale agreement with Everton Resources Inc. (“Everton”) (TSX.V: EVR) whereby, subject to closing, Precipitate will acquire a 100% interest in three of Everton’s Dominican Republic exploration concessions, including two highly prospective concessions (the “Pueblo Grande Property”), adjoining Barrick’s and Goldcorp’s world-class Pueblo Viejo gold-silver mine, one of the largest gold mining operations in the world.
MGX Minerals Announces Energy Solutions for the Cannabis Industry
MGX Minerals Inc. (“MGX” or the “Company”) (CSE: XMG / FKT: 1MG / OTCQB: MGXMF) is pleased to announce its wholly owned subsidiary ZincNyx Energy Solutions Inc (“ZincNyx”) has signed a Strategic Partnership Agreement with Braingrid Corporation (“Braingrid”) to co-develop and market a packaged energy management product offering for the cannabis cultivation market. The partnership will leverage Braingrid’s software and technology, which uses proprietary sensing and control hardware and ZincNyc’s modular energy storage systems, which provide scalable regenerative zinc-air flow battery for mass storage of energy, to provide cannabis cultivators with renewable solutions for cultivation. ZincNyx and Braingrid have agreed to sign a Definitive Agreement within the next 60 days.