Connect with us

Energy

The Sustainability Portfolio: Set it and Forget it? (ECOX, NEE, STEM, QS, FAN, TAN, FSLR)

Published

on

Certain facts should be observed.

First, the renewable energy movement is now an established facet of the developed world, with expectations boosted by the transition in Washington DC to the Biden administration, which has already pledged its commitment to the cause at roughly twice the real-dollar investment that went into the space program in the 1960’s.

Furthermore, the Environment, Social, and Governance (“ESG”) investment theme is thought to drive as much as $67 trillion in investment flows over the next decade, according to research from Morgan Stanley. This estimate is driven by what may be the most powerful long-term force driving finance over the next ten years: inheritance. Capital is to be passed from baby boomers to millennials, with an associated shift in sensibilities and thematic focus.

This is a factor set to drive markets over both the near-term and long-term horizons and to do so through both the supply of capital and the demand for new solutions to old problems.

As central banks and governments begin to prepare for a gradual removal of emergency stimulus support, the upward pressure on interest rates is likely to set to recede, fostering a re-rotation back into long-term growth plays, which may once again favor stocks in this sustainability theme, including opportunities such as NextEra Energy Inc (NYSE: NEE), QuantumScape Corporation (NYSE: QS), Eco Innovation Group (OTC US: ECOX), Stem Inc (NYSE: STEM), Invesco Solar ETF (NYSEARCA: TAN), First Trust Global Wind Energy ETF (NYSEARCA: FAN), and First Solar, Inc. (NASDAQ: FSLR).

We take a closer look at several of the more interesting opportunities in this space below.

NextEra Energy Inc (NYSE: NEE) generates, transmits, distributes, and sells electric power to retail and wholesale customers in North America.

The company generates electricity through wind, solar, nuclear, and fossil fuel, such as coal and natural gas facilities. It also develops, constructs, and operates long-term contracted assets with a focus on renewable generation facilities, natural gas pipelines, and battery storage projects; and owns, develops, constructs, manages, and operates electric generation facilities in wholesale energy markets.

NextEra Energy Inc (NYSE: NEE) recently announced that it has entered into an amended agreement to upsize by $150 million its existing convertible equity portfolio financing with KKR (the Investor), through its core infrastructure strategy. NextEra Energy Partners originally entered into the 10-year convertible equity portfolio financing in November 2020.

“The agreement announced today demonstrates the continued robust private infrastructure demand for the high-quality assets in NextEra Energy Partners’ portfolio and our strong continued relationship with KKR, which is providing us with an attractive low-cost source of capital,” said Jim Robo, chairman, and chief executive officer. “This is a terrific source of capital for NextEra Energy Partners and supports funding for the acquisition of the previously announced 400-megawatt portfolio of wind projects. In addition, the upsizing of what is the lowest-cost and longest-dated convertible equity portfolio financing in the partnership’s history is expected to provide significant benefits for unitholders. We continue to believe that NextEra Energy Partners is uniquely positioned to take advantage of the disruptive factors reshaping the energy industry, meet its long-term growth objectives and deliver unitholder value going forward.”

It will be interesting to see if the stock can break out of its recent sideways action. Over the past week, the stock is net flat, and looking for something new to spark things. NEE shares have been relatively flat over the past month of action, with very little net movement during that period.

NextEra Energy Inc (NYSE: NEE) generated sales of $4.3B, according to information released in the company’s most recent quarterly financial report. That adds up to a sequential quarter-over-quarter growth rate of 7.7% on the top line. In addition, the company is battling some balance sheet hurdles, with cash levels struggling to keep up with current liabilities ($1.5B against $15.8B, respectively).

QuantumScape Corporation (NYSE: QS) bills itself as a leader in developing next-generation solid-state lithium-metal batteries for use in electric vehicles.

The company’s mission is to revolutionize energy storage to enable a sustainable future.

QS recently announced that it has entered into an agreement with Volkswagen Group of America, Inc. to select the location of their joint-venture solid-state battery pilot-line facility by the end of 2021. The companies currently contemplate Salzgitter, Germany for the location. The pilot-line facility, QS-1, will initially be a 1-gigawatt hour (GWh) battery cell commercial production plant for electric vehicle batteries. QuantumScape and Volkswagen intend to expand production capacity by a further 20 GWh at the same location.

“Our goal has been to bring our solid-state lithium-metal batteries to market as soon as possible,” said Jagdeep Singh, CEO, and co-founder of QuantumScape. “This joint venture brings together QuantumScape’s core battery technology with Volkswagen’s deep understanding of high-volume, high-quality production, and maximizes our ability to bring this technology into industrial production.”

The context for this announcement is a bit of a bid, with shares acting well over the past five days, up about 17% in that timeframe.

QuantumScape Corporation (NYSE: QS) had no reported sales in its last quarterly financial data. In addition, the company has a strong balance sheet, with cash levels far exceeding current liabilities ($1.5B against $21.4M).

Eco Innovation Group (OTCMKTS: ECOX) is an interesting newcomer in the space that seems to be gaining rapid traction toward a series of meaningful commercial launches involving innovative green tech solutions. The company’s model is driven by nurturing the work of top inventors in the US and Canada, helping to bring their best green-tech ideas to life and then signing exclusive licensing deals to commercialize the results.

The company was founded, according to its materials, “by Inventors and Business Professionals to help nurture and catalyze the most innovative and impactful products and services, and to deliver those innovations to the world, improving the quality of life in our communities and the world around us, while delivering value to our shareholders. At ECOX, we are dedicated to developing and commercializing successful products. But we will never lose sight of the fact that we exist, first and foremost, to help people and improve life on the planet we all share. We take our Social Responsibility Contract seriously in all our endeavors. It is not only what we do. It is who we are.”

Eco Innovation Group (OTCMKTS: ECOX), as a case in point, announced the signing of an exclusive License Agreement this morning with Lance Nist, inventor of PoolCooled, which is described as a revolutionary climate control solution that leverages proprietary technology to cool a home or building by taking cool water from an existing swimming pool and looping it through the existing air conditioning system to boost efficiency on a per-unit power consumption basis. The Agreement grants the Company exclusive rights to commercialize PoolCooled.

“ECOX has reached a series of milestones throughout 2020 and 2021, and this exclusive license to bring PoolCooled to market is another significant step forward,” stated Julia Otey-Raudes, CEO of ECOX. “The license allows us to kickstart the next phase as we push toward the anticipated launch of this cost-saving renewable energy technology solution available for installation and use any time, in any weather, in any part of the country.”

As previously reported by the Company, an initial efficiency test was performed under controlled conditions by Mr. Nist. The test compared the power usage involved in cleaning a swimming pool and cooling a home equipped with a three-ton central AC system, where the pool was immediately adjacent to the home. The test showed that, over a specified period, the separate tasks of operating the pool filtration system and the home AC system, independently and with traditional systems in place, required 4,300 watts of power. By comparison, both tasks were accomplished equally well by the PoolCooled™ system, which consumed only 1,100 watts of power over the same time period. This represents an approximate savings of 65-75% in total energy usage and costs.

Eco Innovation Group (OTCMKTS: ECOX) shares have been consolidating over the past year as the stock builds up liquidity in anticipation of its transition toward full commercial-stage operations. It currently trades at much cheaper levels than most of the stocks in this space, which may represent an opportunity as the stock gains traction and becomes more widely visible.

Stem Inc (NYSE: STEM) bills itself as a global leader in artificial intelligence (AI)-driven clean energy storage services. The company provides solutions that address the challenges of today’s dynamic energy market. By combining advanced energy storage solutions with Athena, a world-class AI-powered analytics platform, Stem enables customers and partners to optimize energy use by automatically switching between battery power, onsite generation, and grid power.

Stem’s solutions help enterprise customers benefit from a clean, adaptive energy infrastructure and achieve a wide variety of goals, including expense reduction, resilience, sustainability, environmental and corporate responsibility, and innovation. Stem also offers full support for solar partners interested in adding storage to standalone, community or commercial solar projects – both behind and in front of the meter.

STEM recently announced its financial results for the first quarter ended March 31, 2021, including revenues of $15.4 million vs. $4.1 million in the same quarter last year, Gross Margin (GAAP) of (1)% vs. (34)% in the same quarter last year, and Non-GAAP Gross Margin of 19% vs. 1% in the same quarter last year.

John Carrington, Chief Executive Officer of Stem, commented, “We are excited to announce strong first-quarter results following the recent completion of our business combination with Star Peak. Revenue exceeded the high end of our guidance range, coupled with strong gross margin and Adjusted EBITDA performance. Our contracted backlog grew more than 20% sequentially, reflecting strong commercial momentum particularly in the Front of the Meter (“FTM”) segment and a quickly growing end market. Looking forward, our sales, product development, and operations teams continue to drive toward achieving our 2021 guidance and building momentum into 2022 and beyond. As the first publicly traded pure-play smart storage company, our experience, industry-leading software, robust service offerings, and strong balance sheet will continue to differentiate Stem in this rapidly expanding market.”

Stem Inc (NYSE: STEM) has been acting well over recent days, up to something like 35% in that time. Shares of the stock have powered higher over the past month, rallying roughly 70% in that time on strong overall action.

DISCLAIMER:  EDM Media LLC (EDM), is a third-party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels.  EDM is NOT affiliated in any manner with any company mentioned herein.  EDM and its affiliated companies are a news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses, and may NOT sell, offer to sell or offer to buy any security.  EDM’s market updates, news alerts, and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities.  The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material.  All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks.  All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release.  EDM is not liable for any investment decisions by its readers or subscribers.  Investors are cautioned that they may lose all or a portion of their investment when investing in stocks.  For current services performed EDM has been compensated five thousand dollars for news coverage of the current press releases issued by Eco Innovation Group (OTCMKTS: ECOX) by a third party.

EDM HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.

This release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended, and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. “Forward-looking statements” describe future expectations, plans, results, or strategies and are generally preceded by words such as “may”, “future”, “plan” or “planned”, “will” or “should”, “expected,” “anticipates”, “draft”, “eventually” or “projected”. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company’s annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and EDM undertakes no obligation to update such statements.

Media Contact:

EDM Media LLC

Email: IR@EDM.Media

Office: 800-301-7883

EDM.Media

Coinsmart. Beste Bitcoin-Börse in Europa
Source: https://otcprwire.com/the-sustainability-portfolio-set-it-and-forget-it-ecox-nee-stem-qs-fan-tan-fslr/

Energy

Hydrogen Fuels Australia Launches Integrated Modular Hydrogen Fuel Generation and Refuelling Operation

Published

on

MELBOURNE, Australia, June 16, 2021 /PRNewswire/ — Hydrogen Fuels Australia (H2FA) is launching Australia’s first modular hydrogen production and integrated FCEV refuelling operation at its greenfield facility in Truganina, near Laverton, Victoria.

Founded on environmentally sustainable and “low impact” concepts, H2FAs operation uses its own electrolysis assets (in island mode) to convert renewable power into green hydrogen.  H2FA facilities will not be connected to the energy grid.

In addition to housing Victoria’s first integrated commercial hydrogen refuelling station, the Truganina site will also feature research and educational facilities to fully utilise and commercialise all available resources on the site, while showcasing innovative and imaginative industrial design.

“We are proud to be launching Australia’s first modular hydrogen fuel generation and commercial refuelling business.  We’re passionate about employing the unique attributes of hydrogen as a circular, environmentally responsible fuel source to power the next generation of commercial vehicles in Australia,” said Francesco Ceravolo, Managing Director of H2FA.

H2FA is partnering with some of the world’s leading suppliers of industrial hydrogen equipment through its work with Skai Energies.  H2FA will utilise Nilsson Energy (Sweden) RE8760 technology to manage the site micro-grid, allowing all facilities to operate as an island and be completely self-sufficient.  Contained within the Nilsson Energy solution is critical equipment from Green Hydrogen Systems (Denmark), designers and manufacturers of efficient, modular electrolysers to produce hydrogen, while Plug Power (NASDAQ: PLUG), providers of clean hydrogen and zero-emission fuel cells, will provide power to the site.  Rainwater will be used for the electrolysis process.  All necessary capital equipment for fuel generation and storage has been ordered, and pending permits, will be operational in February 2022. 

H2FA’s 5-hectare site will initially be capable of producing 60-90kgs of green hydrogen from its own 750kw solar array.  Ultimately the site will be scaled up to supply approximately 3,000kg with capacity to fuel 100+ vehicles per day.

Due to the modular nature of H2FA’s hydrogen power facilities, the site will have all equipment above ground, meaning that the operation can be re-located with minimal environmental impact and cost – a major advantage over legacy petroleum and diesel refuelling stations. “H2FA’s new, completely self-sufficient operation in Melbourne represents a replicable standard for future stations throughout Australia, taking maximum advantage of its modular concept while also benefiting from a low cost operating model,” said Craig Ehrke, CEO of Skai Energies.

H2FA’s CCO, Robert Grove, added, “The modular H2FA model will also enable us to expand rapidly across Victoria and Australia to meet growing demand for hydrogen refuelling, while allocating capital and other resources with optimal efficiency.”

About Hydrogen Fuels Australia

Hydrogen Fuels Australia is an industry pioneer in the development of next generation modular hydrogen production and integrated refuelling facilities based in Melbourne, Australia. For more information, visit: www.hydrogenfuelsaustralia.com

About Skai Energies

Skai Energies is an Australian H2 technology integrator focused on supporting companies in their transition to clean energy through its global technology leading partnerships.  Utilising core relationships with Green Hydrogen Systems (world leaders in modular pressurised alkaline electrolysers) and Nilsson Energy (world-first hydrogen based stand-alone power systems), Skai Energies brings together complete hydrogen solutions for localised power generation and use.

Media Contact: Terry Alberstein, [email protected], +61 458 484 921

SOURCE Hydrogen Fuels Australia

Coinsmart. Beste Bitcoin-Börse in Europa
Source: https://www.prnewswire.com:443/news-releases/hydrogen-fuels-australia-launches-integrated-modular-hydrogen-fuel-generation-and-refuelling-operation-301313377.html

Continue Reading

Energy

SilverCrest Reports Results of AGM

Published

on

TSX: SIL | NYSE American: SILV

VANCOUVER, BC, June 16, 2021 /PRNewswire/ – SilverCrest Metals Inc. (“SilverCrest” or the “Company”) is pleased to announce the results of its Annual General Meeting of Shareholders (“AGM”) held in Vancouver, BC on June 15, 2021.

A total of 78,955,084 votes were represented at the AGM amounting to 54.66% of the issued common shares as of the record date.

Shareholders approved the fixing of the number of directors at seven.  The following is the tabulation of proxy votes in the election of the seven directors:

Directors

Tabulation of Votes in Favour submitted by Proxy

Tabulation of Votes Withheld submitted by Proxy

N. Eric Fier

58,077,796        (99.71%)

   168,161           (0.29%)

Laura Diaz

58,168,394        (99.87%)

     77,564           (0.13%)

Ross O. Glanville

54,283,976        (93.20%)

3,961,981           (6.80%)

Ani Markova

57,895,061        (99.40%)

   350,897           (0.60%)

Hannes P. Portmann

57,723,288        (99.10%)

   522,669           (0.90%)

Graham C. Thody

51,647,789        (88.67%)

6,598,168           (11.33%)

John H. Wright

50,521,903        (86.74%)

7,721,454           (13.26%)

The shareholders also approved the re‑appointment of PricewaterhouseCoopers LLP, Chartered Professional Accountants, as auditor of SilverCrest.

In addition, further to the Company’s news release dated June 4, 2021, the shareholders approved the adoption of a new “rolling 1.5%” Equity Share Unit Plan for the Company.

ABOUT SILVERCREST METALS INC.
SilverCrest is a Canadian precious metals exploration and development 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 top priority is on the high-grade, historic Las Chispas mining district in Sonora, Mexico, where it has completed a feasibility study on the Las Chispas Project and is proceeding with mine construction. Startup of production at the Las Chispas Mine is targeted for mid-2022. SilverCrest is the first company to successfully drill-test the historic Las Chispas Property resulting in numerous high-grade precious metal 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.

N. Eric Fier, CPG, P.Eng
Chief Executive Officer
SilverCrest Metals Inc.

SOURCE SilverCrest Metals Inc.

Related Links

www.silvercrestmetals.com

Coinsmart. Beste Bitcoin-Börse in Europa
Source: https://www.prnewswire.com:443/news-releases/silvercrest-reports-results-of-agm-301314250.html

Continue Reading

Energy

Surge Copper recoupe 432 mètres de 0,61 % CuEq et 506 mètres de 0,43 % CuEq dans les résultats finaux du forage d’hiver de West Seel

Published

on

  • Le trou S21-243 a recoupé 432 mètres avec une teneur de 0,61 % d’équivalent cuivre dont 156 mètres avec une teneur de 0,76 % d’équivalent cuivre.
  • Le trou S21-242 a recoupé 259 mètres avec une teneur de 0,60 % d’équivalent cuivre dont 124 mètres avec une teneur de 0,74 % d’équivalent cuivre, le trou se terminant par une minéralisation
  • Le trou S21-235 a recoupé 506 mètres avec une teneur de 0,43 % d’équivalent cuivre
  • Les travaux de forage à West Seel ont repris avec deux carottages axés sur l’expansion et le forage de définition

Tous les résultats du programme de forage hivernal de 20 028 mètres de la société ont maintenant été reçus et publiés. La figure 1 montre les emplacements des trous de forage et les références des sections. La société a le plaisir d’annoncer que le programme de forage d’été d’au moins 5 000 mètres à Ootsa a commencé. Deux carotteuses se sont concentrées sur le gisement de West Seel et ont effectué des forages d’extension dans les zones où le gisement reste ouvert. En fonction de la planification finale et des résultats obtenus au cours de l’été, le programme devrait s’étendre vers l’extérieur pour tester d’autres cibles d’exploration proches des ressources.

Figure 1 : Carte des emplacements des trous de forage pour le programme de forage Ootsa 2020-2021.

Trous S21-235 et 241 à 244 – Gisement de West Seel

Les trous S21-235 et 241 à 244 ont tous été forés sur les marges du gisement de West Seel ou dans la zone située immédiatement entre les gisements de East et West Seel. Les cinq trous ont tous recoupé des zones significatives de minéralisation, comme le résume le tableau ci-dessous, et l’orientation et la profondeur totale de chaque trou sont résumées sur la figure 1.

Le trou S21-243 est l’échelon le plus au nord-est de la longue section de West Seel et est représenté sur la figure 2. Le trou a recoupé 0,61 % d’équivalent cuivre sur 432 mètres à partir de 274 mètres de profondeur, dont 0,76 % d’équivalent cuivre sur 156 mètres à partir de 468 mètres de profondeur. Ce long intercept de forte minéralisation continue de prolonger le cœur à haute teneur du gisement de West Seel vers le nord-est.

Le trou S21-235 a été foré sur le côté ouest de West Seel et est représenté sur la figure 3. Le trou a recoupé 0,43 % d’équivalent cuivre sur 506 mètres à partir de 380 mètres de profondeur, dont 0,68 % d’équivalent cuivre sur 40 mètres à partir de 622 mètres de profondeur.

Les sondages S21-241, 242 et 244 ont testé le côté est de West Seel. Les trous S21-242 et 244 sont représentés sur la figure 4. Les trois trous ont recoupé des zones de minéralisation proches de la surface. Le trou S21-241 a recoupé 0,31 % d’équivalent cuivre sur 122 mètres à partir de 94 mètres de profondeur. Le trou S21-242 a recoupé 0,24 % d’équivalent cuivre sur 42 mètres à partir de 26 mètres de profondeur, puis 0,60 % d’équivalent cuivre sur 259 mètres à partir de 458 mètres de profondeur. Cela comprend un intervalle à teneur plus élevée contenant 0,74 % d’équivalent cuivre sur 124 mètres à partir de 542 mètres de profondeur. Le trou S21-244 a recoupé 0,21 % d’équivalent cuivre sur 58 mètres à partir de 32 mètres de profondeur, dont 0,29 % d’équivalent cuivre sur 168 mètres à partir de 98 mètres de profondeur.

Résumé des résultats d’analyse des trous sélectionnés

Trou de forage

De

(m)

À (m)

Largeur

(m)1

CuEq

(%)2

Cu (%)

Au (g/t)

Mo (%)

Ag (g/t)

S21-235

88,0

96,0

8,0

0,66

0,02

0,71

0,000

1,3

S21-235

380,0

886,0

506,0

0,43

0,20

0,11

0,030

2,2

dont

438,0

460,0

22,0

0,52

0,26

0,10

0,040

3,5

dont

622,0

662,0

40,0

0,68

0,32

0,19

0,046

3,9

S21-241

94,0

216,0

122,0

0,31

0,14

0,11

0,020

0,6

S21-241

134,0

216,0

82,0

0,34

0,16

0,12

0,022

0,6

dont

184,0

210,0

26,0

0,47

0,20

0,19

0,029

0,7

S21-242

26,0

68,0

42,0

0,24

0,12

0,08

0,012

0,8

S21-242

420,0

717 EOH

297,0

0,56

0,22

0,27

0,025

2,3

S21-242

458,0

717 EOH

259,0

0,60

0,23

0,29

0,027

2,3

dont

542,0

666,0

124,0

0,74

0,30

0,31

0,044

2,9

S21-243

274,0

706,0

432,0

0,61

0,29

0,20

0,035

3,0

dont

468,0

624,0

156,0

0,76

0,37

0,23

0,044

3,5

dont

522,0

624,0

102,0

0,81

0,39

0,25

0,049

3,4

S21-244

32,0

90,0

58,0

0,21

0,10

0,06

0,013

0,8

S21-244

98,0

266,0

168,0

0,29

0,14

0,09

0,017

0,8

dont

152,0

202,0

50,0

0,35

0,19

0,09

0,021

0,9


1.

La largeur fait référence aux intersections de trous de forage, les largeurs réelles n’ont pas été déterminées. EOH = fin du trou

2.

CuEq (équivalent cuivre) a été utilisé pour exprimer la valeur combinée du cuivre, de l’or, du molybdène et

de l’argent en pourcentage du cuivre, et n’est fourni qu’à titre d’illustration. Aucune allocation n’a été

faites pour les pertes de recouvrement qui pourraient survenir en cas d’exploitation minière. Les calculs utilisent les prix des métaux de

3,00 $US/lb de cuivre, 1 800 $US/oz d’or, 10 $US/lb de molybdène et 22 $US/oz d’argent, selon la formule suivante

CuEq % = Cu % + (Au g/t x 0,875) + (Mo % x 3,33) + (Ag g/t x 0,0107).

 

Figure 2. La longue section B-B’ de West Steel montrant les résultats des trous S20-219, 220, 224, 226, et S21-240 et 243. Voir la figure 1 pour l’emplacement de la section.

Figure 3. La longue section 7NE de West Seel montrant les résultats des trous S21-235 et le S21-232 précédemment rapporté. Voir la figure 1 pour l’emplacement de la section.

Figure 4. La longue section 10NE de West Seel montrant les résultats des trous S21-242 et 244, et le S21-230 précédemment rapporté. Voir la figure 1 pour l’emplacement de la section.

Trous S21-236 à 238 – Côté ouest du gisement d’East Seel

Les trous S21-236, 237 et 238 ont testé une zone située immédiatement à l’ouest du gisement d’East Seel et ont rencontré une altération étendue et des anomalies en Cu-Mo mais aucun intervalle significatif de minéralisation.

Mise à jour du programme d’exploration de l’Ootsa

Un programme de forage d’au moins 5 000 mètres a commencé à Ootsa, avec deux carotteuses qui forent actuellement le gisement de West Seel. Le forage sera d’abord axé sur l’expansion et la définition des ressources à West Seel et pourrait s’étendre à d’autres cibles d’exploration au cours de l’été.

Un levé géophysique aéroporté Z-axis Tipper Electromagnetic (« ZTEM ») a débuté le 10 juin et est actuellement en cours de vol sur l’ensemble des revendications d’Ootsa-Berg. Des équipes de terrain sont en train d’être constituées pour effectuer un premier suivi au sol des anomalies ZTEM prioritaires, et pour effectuer des travaux de surface sur les cibles d’exploration existantes sur les propriétés, en préparation des essais de forage.

Contrôle qualité

Toutes les carottes de forage sont enregistrées, photographiées et coupées en deux avec une scie à diamant. La moitié de la carotte est emballée et envoyée pour analyse à Activation Laboratories Ltd. à Kamloops, en Colombie-Britannique (qui est accréditée ISO/IEC 17025), tandis que l’autre moitié est archivée et stockée sur place à des fins de vérification et de référence. La teneur en or est déterminée par pyroanalyse de 30 g, et 37 éléments supplémentaires sont analysés par la méthode ICP (plasma à couplage inductif) utilisant une digestion multi-acides (à 4 acides). Des échantillons en double, vierges et des normes certifiées sont inclus dans chaque lot d’échantillons, puis vérifiés pour garantir une assurance et un contrôle de qualité adéquats.

La personne qualifiée

Le Dr Shane Ebert P. Geo. est la personne qualifiée pour le projet Ootsa, tel que défini par la norme nationale 43-101 et a approuvé les informations techniques contenues dans ce communiqué de presse.

À propos de Surge Copper Corp.

La société détient une participation de 100 % dans la propriété Ootsa, un projet d’exploration de stade avancé contenant les gisements porphyriques de East Seel, West Seel et Ox situés à côté de la mine de cuivre à ciel ouvert Huckleberry et detenue par Imperial Metals. La propriété Ootsa contient des ressources de cuivre, d’or, de molybdène et d’argent soumises aux contraintes de la fosse, conformes à la norme NI 43-101 dans les catégories mesurées et indiquées.

La société obtient également une participation de 70 % dans la propriété Berg de Centerra Gold. Berg est un grand projet d’exploration à un stade avancé situé à 28 km au nord-ouest des gisements d’Ootsa. Berg contient des ressources de cuivre, de molybdène et d’argent soumises aux contraintes de la fosse, conformes à la norme NI 43-101 dans les catégories mesurées et indiquées. Combinées, les propriétés adjacentes d’Ootsa et de Berg confèrent à Surge une position foncière dominante dans le district d’Ootsa-Huckleberry-Berg et le contrôle de quatre gisements porphyriques avancés.

Au nom du conseil d’administration

« Leif Nilsson »
Président-directeur général

Pour de plus amples informations, veuillez contacter :
Téléphone : +1 604 416 2978 ou +1 604 558 5847
[email protected] 
http://www.surgecopper.com

La Bourse de croissance TSX et son fournisseur de services de réglementation (tel que ce terme est défini dans les politiques de la Bourse de croissance TSX) n’assument aucune responsabilité quant à la pertinence ou à l’exactitude du présent communiqué.

Le présent communiqué de presse contient des déclarations prospectives qui concernent des événements futurs. Dans certains cas, vous pouvez identifier les déclarations prospectives par des termes tels que « sera », « peut », « devrait », « s’attend à », « prévoit » ou « anticipe » ou par la négation de ces termes ou d’une autre terminologie comparable. Toutes les déclarations contenues dans le présent document, autres que les déclarations de faits historiques, sont des déclarations prospectives, y compris, mais sans s’y limiter, les plans de la société concernant la propriété Berg et la propriété Ootsa. Ces déclarations ne sont que des prévisions et impliquent des risques connus et inconnus, des incertitudes et d’autres facteurs qui peuvent faire en sorte que les résultats, le niveau d’activité, les performances ou les réalisations réels de la société soient sensiblement différents de tous les résultats, niveaux d’activité, performances ou réalisations futurs explicites ou implicites par ces déclarations prospectives. Ces incertitudes et risques peuvent inclure, entre autres, des résultats réels des activités d’exploration de la société différents de ceux prévus par la direction, des retards dans l’obtention ou la non-obtention des approbations gouvernementales ou autres approbations réglementaires requises, la capacité d’obtenir un financement adéquat pour mener à bien ses programmes d’exploration prévus, l’incapacité de se procurer de la main-d’œuvre, du matériel, des fournitures en quantité suffisante et en temps opportun, des pannes d’équipement, les répercussions de la pandémie actuelle de coronavirus et le mauvais temps. Bien que ces déclarations prospectives, et toutes les hypothèses sur lesquelles elles sont fondées, soient faites de bonne foi et reflètent le jugement actuel de la société concernant l’orientation de ses activités, les résultats réels varieront presque toujours, parfois de manière considérable, par rapport aux estimations, prévisions, projections, hypothèses ou autres suggestions de performances futures contenues dans le présent document. Sauf si la loi applicable l’exige, la société n’a pas l’intention de mettre à jour les déclarations prospectives pour les rendre conformes aux résultats réels.

Photo : https://mma.prnewswire.com/media/1533179/Surge_fig_1_1.jpg 

Photo : https://mma.prnewswire.com/media/1533180/Surge_fig_2_2.jpg 

Photo : https://mma.prnewswire.com/media/1533181/Surge_fig_3_3.jpg 

Photo : https://mma.prnewswire.com/media/1533182/Surge_fig_4_4.jpg

Related Links

https://surgecopper.com/

SOURCE Surge Copper Corp.

Coinsmart. Beste Bitcoin-Börse in Europa
Source: https://www.prnewswire.com:443/news-releases/surge-copper-recoupe-432-metres-de-0-61-cueq-et-506-metres-de-0-43-cueq-dans-les-resultats-finaux-du-forage-d-hiver-de-west-seel-872818239.html

Continue Reading

Energy

ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of Kindred Biosciences, Inc.

Published

on

NEW YORK, June 16, 2021 /PRNewswire/ — Rowley Law PLLC is investigating potential securities law violations by Kindred Biosciences, Inc. (NASDAQ: KIN) and its board of directors concerning the proposed acquisition of the company by Elanco Animal Health Incorporated (NYSE: ELAN). Stockholders will receive $9.25 for each share of Kindred Biosciences stock that they hold. The transaction is valued at approximately $440 million and is expected to close in the third quarter of 2021.

If you are a stockholder of Kindred Biosciences, Inc. and are interested in obtaining additional information regarding this investigation, please visit us at: http://www.rowleylawpllc.com/investigation/kin/. You may also contact Shane Rowley, Esq. at Rowley Law PLLC, 50 Main Street Suite 1000, White Plains, NY 10606, by email at [email protected], or by telephone at 914-400-1920 or 844-400-4643 (toll-free).  

Rowley Law PLLC represents shareholders nationwide in class actions and derivative lawsuits in complex corporate litigation. For more information about the firm and its attorneys, please visit http://www.rowleylawpllc.com

Attorney Advertising. Prior results do not guarantee a similar outcome.

SOURCE Rowley Law PLLC

Related Links

http://rowleylawpllc.com

Coinsmart. Beste Bitcoin-Börse in Europa
Source: https://www.prnewswire.com:443/news-releases/alert-rowley-law-pllc-is-investigating-proposed-acquisition-of-kindred-biosciences-inc-301314233.html

Continue Reading
Esports5 days ago

Lost Ark Founders Pack: Everything You Need to Know

Aviation4 days ago

Delta Air Lines Flight Diverts To Oklahoma Over Unruly Off-Duty Flight Attendant

Aviation3 days ago

Spirit Airlines Just Made The Best Argument For Lifting LaGuardia’s Perimeter Rule

Energy5 days ago

Daiki Axis Co., Ltd. (4245, First Section, Tokyo Stock Exchange) Overview of Operating Performance for the First Three Months Ended March 31, 2021

Esports2 days ago

Clash of Clans June 2021 Update patch notes

Esports4 days ago

Genshin Impact Murals: Location Guide

Blockchain3 days ago

Africa Leading Bitcoin P2P Trading Volume Growth in 2021

Esports2 days ago

Legends of Runeterra Patch 2.10.0 brings bug fixes and Pool Party cosmetics

Blockchain5 days ago

DCR Technical Analysis: Look for Support Levels of $130.13 and $126.01

Gaming3 days ago

Forza Horizon 5 Announced, Launches November 9

Cyber Security5 days ago

Cybersecurity Degrees in Colorado

Aviation2 days ago

Boeing 727 Set To Be Turned Into Luxury Hotel Experience

Esports4 days ago

Genshin Impact Music Rock Puzzle Guide

Blockchain5 days ago

Bitcoin Weekly Chart Appears to be in the Green Zone

Big Data2 days ago

In El Salvador’s bitcoin beach town, digital divide slows uptake

Blockchain2 days ago

Since It Adopted Bitcoin As Legal Tender, The World Is Looking At El Salvador

Blockchain4 days ago

Kyber Network (KNC) Price Prediction 2021-2025: Will KNC Hit $4 by 2021?

Blockchain4 days ago

Binance Is Launching a Decentralized NFT Platform

HRTech2 days ago

Pre-Owned Luxury Car dealer Luxury Ride to add 80 Employees across functions to boost growth

Blockchain4 days ago

Ripple price analysis: Ripple retests $0.80 support, prepares to push higher? 

Trending