Benton Intersects Visible Gold at Bedivere

Thunder Bay, Ontario–(Newsfile Corp. – August 17, 2017) – Benton Resources Inc. (TSXV: BEX) (“Benton” or “the Company”) is pleased to announce that it has completed 14 diamond drill holes on the Bedivere Gold Project located in northwestern Ontario. Results for the first four drill holes (see table below) have been received and exhibit encouraging results for the early stage Traxxin gold discovery. Highlights from the first results include 1.5 gpt (grams per tonne) Au (gold) over 14.0m (metres) including 3.63gpt over 4.0m in BED-17-001 and 37.3gpt Au over 1.0m in BED-17-003 where visible native gold was noted in the drill core. The Company is encouraged with these first results as all of the shallow drill holes intercepted the well mineralized quartz veined/flooded shear zone over an approximate 250m in strike length and which remains open in all directions. Drill holes BED-17-008 and 009 were located approximately a kilometer southwest along strike of the main Traxxin Zone and intersected the mineralized shear zone containing chlorite and silicification similar to that of the Traxxin Zone. The Company will continue to release results of the drill program as the assays are received and compiled.

Hole ID From (m) To (m) Width (m) Gold (gpt)
BED-17-001 2.7 6.0 3.3 1.38
17.9 31.9 14.0 1.50
incl 17.9 21.9 4.0 3.63
incl 18.9 19.9 1.0 11.10
incl 25.9 28.5 3.0 1.41
BED-17-002 20.3 27.3 7.0 0.51
incl 22.3 23.3 1.0 1.98
37.7 39.5 1.8 1.08
51.0 52.0 1.0 4.85
BED-17-003 22.7 23.7 1.0 37.30
BED-17-004 39.8 40.8 1.0 1.10
49.4 52.2 2.8 0.96

 

Note: widths are reported as core lengths, true widths are not yet known

Quality Assurance / Quality Control

The core was split or cut in half with one half being stored for future reference and the other half tagged and sent to Activation Laboratories Ltd. in Thunder Bay, ON. The core samples were analyzed for gold using fire assay with an atomic absorption finish. Samples with grades greater than 5gpt gold were completed with a gravimetric finish. Standards and blanks were inserted into the sample batches as part of the Company’s QA/QC protocols.

About Benton Resources Inc. (TSXV: BEX)

Benton Resources Inc is a well-funded Canadian-based junior with a diversified property portfolio in Gold-Silver, Nickel, Copper, and Platinum group elements.

Benton’s flagship project is the Cape Ray gold deposits located on the west coast of Newfoundland. The results of the Cape Ray PEA include a pre-tax net present value (“NPV”) at a 7% discount rate of $48.5 million with a pre-tax internal rate of return (“IRR”) of 31% and a post-tax NPV at a 7% discount rate of $32.4 million with a post-tax IRR of 25%. The reader should be cautioned that the PEA is preliminary in nature. It contains inferred mineral resources that are considered too speculative to have the economic considerations applied to them that would enable them to be categorized as mineral reserves.

Clinton Barr (P.Geo.), V.P. Exploration for Benton Resources Inc., is the qualified person responsible for this release has prepared, supervised the preparation or approved the scientific and technical disclosure in the news release.

On behalf of the Board of Directors of Benton Resources Inc.,

“Stephen Stares”

Stephen Stares, President

THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

The information contained herein contains “forward-looking statements” within the meaning of applicable securities legislation. Forward-looking statements relate to information that is based on assumptions of management, forecasts of future results, and estimates of amounts not yet determinable. Any statements that express predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance are not statements of historical fact and may be “forward-looking statements.”

Forward-looking statements are subject to a variety of risks and uncertainties which could cause actual events or results to differ from those reflected in the forward-looking statements, including, without limitation: risks related to failure to obtain adequate financing on a timely basis and on acceptable terms; risks related to the outcome of legal proceedings; political and regulatory risks associated with mining and exploration; risks related to the maintenance of stock exchange listings; risks related to environmental regulation and liability; the potential for delays in exploration or development activities or the completion of feasibility studies; the uncertainty of profitability; risks and uncertainties relating to the interpretation of drill results, the geology, grade and continuity of mineral deposits; risks related to the inherent uncertainty of production and cost estimates and the potential for unexpected costs and expenses; results of prefeasibility and feasibility studies, and the possibility that future exploration, development or mining results will not be consistent with the Company’s expectations; risks related to gold price and other commodity price fluctuations; and other risks and uncertainties related to the Company’s prospects, properties and business detailed elsewhere in the Company’s disclosure record. Should one or more of these risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking statements. Investors are cautioned against attributing undue certainty to forward-looking statements. These forward looking statements are made as of the date hereof and the Company does not assume any obligation to update or revise them to reflect new events or circumstances. Actual events or results could differ materially from the Company’s expectations or projections.

For further information contact Stephen Stares @:
684 Squier Street,
Thunder Bay, ON P7B 4A8
Phone (807)475-7474
Fax (807)475-7200
http://ift.tt/2cLEwXp

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DNI Metals Inc. to Build a Modular Graphite Pilot Plant for its Madagascar Properties

Toronto, Ontario–(Newsfile Corp. – August 17, 2017) – DNI Metals Inc. (CSE: DNI ) “DNI”, is pleased to announce that it will build a graphite pilot plant for testing its properties in Madagascar.

    1. DNI Metals has had positive Drilling and metallurgical results from its first mining claims.
    2. DNI’s projects are permitted.
    3. Saprolitic-hosted (weathered) material, average depth from current drill program is 28 meters.
    4. Modular plant to be on site in 3-4 months..
    5. Budget for the pilot plant is $1 million.
    6. Plant to be designed to produce up to 6,000 tonnes of graphite per year, depending on the head grade.
    7. Plant will be built in ocean shipping containers, and will be used to test multiple zones in both of DNI’s project areas.
    8. MOU for up to 20,000 tonnes per year of large flake graphite. The MOU is intended to form the basis of a binding flake graphite concentrate supply/offtake joint venture agreement that DNI will use its best endeavors to complete within the next 6 months.

DNI’s Madagascar, graphite assets claim numbers PE8904 and PE38642.

Madagascar is known for large flake and high quality graphite; the vast majority of which is sourced from the central-eastern coastal area between Toamasina and Brickaville (refer Figure 1 left below). The project lies in a well-defined graphitic belt, which has been producing for over 50 years.

Infrastructure can be the key to any project. It is a significant advantage that the claims are 50kms by paved highway from Madagascar’s main operating port at Toamasina.

Figure 1: Regional (left) & detailed (right) location plans for PE8904 ‘Marofody’ Project tenement

Cannot view Figure 1?
Please visit: http://ift.tt/2v4Df1A


About DNI Metals

Certain advisors and directors of DNI have significant operational experience at historical hard rock graphite mines in Canada (e.g. Ontario and Quebec) and Australia. Between them, they have built three (3) processing plants and designed two (2) others; all, which were shut down in the 1990,’s due to increased Chinese competition. Keith Minty, a director, previously worked at Cal Graphite near Kearny, Ontario.

It was our team’s understanding of the high production and capital expenditure costs associated with so-called “hard rock” graphite mining that inspired DNI to search for saprolite-hosted graphite deposits.

Certain parts Madagascar and Brazil, produce graphite from weathered material called saprolite.

According to Dictionary.com, saprolite is described as:

Soft, thoroughly decomposed and porous rock, often rich in clay, formed by the in place chemical weathering of igneous, metamorphic, or sedimentary rocks. Saprolite is especially common in humid and tropical climates. It is usually reddish brown or grayish white and contains those structures (such as cross-stratification) that were present in the original rock from which it formed.

DNI owns a commercially permitted, saprolite-hosted graphite deposit in Madagascar; located 50kms from the country’s main seaport. The deposit is located less than two (2) kms from the paved national highway. DNI intends to develop the Vohitsara project, should the economic viability and technical feasibility be established. DNI has not yet established mineral resources or mineral reserves supported by a PEA or mining study (PFS or FS).

DNI has a graphite wholesale business, in which it buys and sells high quality graphite. This business has shown a steady increase in volume over the past year.

Steven Goertz (MAusIMM, MAIG), who is a qualified person, approved the technical disclosure in this news release.

DNI — Canadian Securities Exchange
DMNKF – OTC
Issued: 62,968,155

For further information, contact:
DNI Metals Inc. — Dan Weir, CEO 416-595-1195
DanWeir@dnimetals.com
Also visit
www.dnimetals.com

We seek Safe Harbour. This announcement may include forward looking statements. While these statements represent DNI’s best current judgment, they are subject to risks and uncertainties that could cause actual results to vary, including risk factors listed in DNI’s Annual Information Form and its MD&A’s, all of which are available from SEDAR and on its website.

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CKR Carbon Extends Case Zone 300 Metres South at Buckingham Graphite Project

Toronto, Ontario–(Newsfile Corp. – August 17, 2017) – CKR Carbon Corporation. (TSXV: CKR) (FSE: CB81) (“CKR” or the “Company”) an integrated graphite to hybrid graphenes advanced nano material development company is pleased to announce the start of drilling and trenching at it’s 100% owned Buckingham graphite project in Quebec. To date one hole and two trenches have been completed, all of which show visible graphite mineralization.

Graphite in the first hole occurs in mineralized marble from 20 metres to 30 metres and from 50 to 107 metres, with un-mineralized quartzite in between. Graphite also occurs in marble in the second hole from 10 metres to 28 metres which is the current depth of the hole.

Trenching is following up on electromagnetic anomalies determined by an airborne survey carried out in the fall of 2016. Two trenches have been completed, the first of which uncovered graphite mineralized marble with the graphite mineralization easily identified by blue-grey coloured smearing in the bottom of the trench (see Figure 1). The second trench also shows marble hosted graphite mineralization with the north wall of the trench appearing to be well mineralized (see Figure 2). The graphite mineralization uncovered by the trenches extends the known mineralization in the Case Zone a further 300 metres along strike to the south.


Figure 1. Blue grey smearing of graphite mineralized marble on floor of trench

Cannot view this image of Figure 1? Please visit [http://ift.tt/2x7BrpR] to view this image 


Figure 2. Graphite mineralization in wall of trench

Cannot view this image of Figure 2? Please visit [http://ift.tt/2x7OwiV] to view this image

“We are pleased with the initial results of our drilling and trenching program at the Buckingham Project,” said Roger Moss, Chief Executive Officer of CKR Carbon. “We look forward to providing updates as the work continues.”

The technical content of this News Release was approved by Roger Moss Ph.D., P.Geo, a qualified person as defined by National Instrument 43-101.

About CKR Carbon Corporation

CKR Carbon Corporation is an advanced materials company focused on mine to market commercialization of graphite products most notably high value graphene based components for a range of mass market products. We are collaborating with a leading European manufacturer of graphenes to use Aukam graphite to manufacture graphene products for commercialization on an industrial scale. The company is listed on the TSX Venture Exchange under the symbol CKR.

About the Buckingham Project

The 100%-owned Buckingham Graphite Property is located 7 kilometres northwest of the town of Buckingham, Quebec, Canada and consists of eight claim blocks totaling 480 hectares. Well-maintained bush roads provide easy access to the property. The property lies within the Central Metasedimentary Belt of the Grenville Geologic Province with graphite occurring disseminated in paragneiss and within veins hosted within pegmatite, diopside skarn, marble and gneiss.

Two graphitic zones, the Uncle Zone and the Case Zone have been discovered to date, with both zones showing high grade occurrences of disseminated flake and vein type graphite and yielding assay values as high as 81.1% Cg. Initial crushing and flotation of two samples from the Uncle zone has achieved purity up to 99.4% Cg from a single flotation test without process optimization (see news release dated February 17, 2015).

For more information: visit the website at www.ckr-carbon.com or contact:

Roger Moss, CEO, +1 416-704-8291 E-mail inquiries: rmoss@ckr-carbon.com

For graphite product enquiries:

Arno Brand, +1 416-561-4095 abrand@boswellprojects.com

“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.”

FORWARD LOOKING STATEMENTS: This news release contains forward-looking statements, which relate to future events or future performance and reflect management’s current expectations and assumptions.  Such forward-looking statements reflect management’s current beliefs and are based on assumptions made by and information currently available to the Company. Investors are cautioned that these forward looking statements are neither promises nor guarantees, and are subject to risks and uncertainties that may cause future results to differ materially from those expected. These forward-looking statements are made as of the date hereof and, except as required under applicable securities legislation, the Company does not assume any obligation to update or revise them to reflect new events or circumstances. All of the forward-looking statements made in this press release are qualified by these cautionary statements and by those made in our filings with SEDAR in Canada (available at www.sedar.com).

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Former Executive Team from Integra Gold to Lead and Re-Brand Newly Focused Mag Copper and Company Completes Share Consolidation and Name Change to “Integra Resources Corp.”

Highlights

  • Former executive management team from Integra Gold Corp. appointed to the board of directors and management team of the Company to lead a re-branded and newly focused Mag Copper Limited
  • New management announces the change of name of the Company to Integra Resources Corp. and the consolidation of the common shares of the Company on a 1:2.5 basis
  • Re-focus on precious metals exploration in the Americas

Toronto, Ontario–(Newsfile Corp. – August 17, 2017) – Mag Copper Limited (CSE: QUE) (the “Company“) is pleased to announce the appointment of new directors to the board and a series of appointments resulting in the formation of a new executive management team for the Company. The new team includes George Salamis, President, CEO and Director, Stephen de Jong, Chairman and Director, and Andrée St-Germain, Chief Financial Officer and Corporate Secretary. The incoming board members and management team were former senior executives at Integra Gold Corp. (“Integra Gold“) and oversaw the successful sale of Integra Gold to Eldorado Gold Corporation for C$590 million in July 2017. Their combined experience and technical expertise and innovative approach is expected to be of substantial benefit to the Company and its shareholders. In conjunction with the new appointments the Company has changed its name from “Mag Copper Limited” to “Integra Resources Corp.” (the “Name Change“) and consolidated all of its issued and outstanding common shares (“Common Shares“) on the basis of one (1) new post-consolidation Common Share for every two-and-one-half (2.5) existing pre-consolidation Common Shares (the “Consolidation“), as further described below.

“Stephen, Andrée, and myself are excited to start a new venture focused on precious metals exploration in the Americas. In addition to retaining Integra Gold’s executive team, key members of the Integra investor relations team will also be joining the Company,” noted George Salamis, the newly appointed President and CEO and Director of the Company. Mr. Salamis added: “We have been reviewing assets in North America and South America with the goal to secure a new project in the coming months. Once we acquire a project, we plan to implement an exploration program similar to, the drill programs executed at Integra Gold to advance the Lamaque Project in Val-d’Or, Quebec. The extensive drill programs, combined with our innovative approach and out-of-the-box thinking, were the key drivers that resulted in Integra’s successful transaction for shareholders.”

About the New Management Team and Directors

In connection with the foregoing transactions, the Company announces that Ms. Jennifer Thor has resigned from the board of directors effective August 17, 2017, and Messrs. Salamis and de Jong have joined the board of directors. The Company would like to thank Ms. Thor for her hard-work, service and dedication to the Company.

The following are brief biographies of the newly appointed board members and management team:

George Salamis, President, CEO, Director

Mr. Salamis has over 25 years of experience in the mining and resource exploration industry. Mr. Salamis has been involved in over $1.4 billion of M&A transactions, either through assets sales or his involvement with junior mining companies. Mr. Salamis was most recently Executive Chairman of Integra Gold which was sold to Eldorado Gold Corporation for C$590 million. . Mr. Salamis co-led the efforts behind the 2016 Integra Gold Rush Challenge and the 2017 #DisruptMining initiatives that encouraged innovation and technology disruption in the mining industry. Mr. Salamis is a sought after speaker on mining innovation and most recently spoke at the 2017 IdeaCity Conference in Toronto: http://ift.tt/2uTt7ZZ.

Mr. Salamis holds a Bachelor of Science Degree in Geology from University of Montreal — École Polytechnique and has had a successful career in mining and exploration. Mr. Salamis has discovered, financed, built, managed or sold more than 5 major minerals deposits around the World. He began his career working for two major mining companies (Placer Dome and Cameco Corp) over a 12-year period before transitioning into mineral exploration and junior mining in 2001. Mr. Salamis is currently a director at Contact Gold Corp.

Andrée St-Germain, Chief Financial Officer

Ms. St-Germain is an experienced mining finance executive with an extensive background in banking, mining finance and financial management. She began her career in investment banking for Dundee Capital Markets Inc. As an investment banker, Ms. St-Germain worked exclusively with mining companies on M&A advisory and financing. In 2013, Ms. St-Germain joined Golden Queen Mining Co. Ltd. (“Golden Queen”) as CFO. During her tenure at Golden Queen, she played an instrumental role in securing project finance and overseeing Golden Queen as it transitioned from development and construction to commercial production.

Ms. St-Germain joined Integra Gold as CFO in early 2017 and helped oversee the sale of Integra Gold to Eldorado Gold Corporation for C$590 million in July 2017.

Ms. St-Germain is currently a director of Barkerville Gold Mines Ltd. and holds an MBA (Honours) from the York University Schulich School of Business in Toronto, Ontario.

Stephen de Jong, Chairman

Mr. de Jong has 10 years of experience in the mining industry and was most recently the President and Chief Executive Officer of Integra Gold from 2012 until its sale to Eldorado Gold Corporation in July 2017 for C$590 million. Under his leadership at Integra Gold, Mr. de Jong attracted a high-calibre team of geologists, engineers, entrepreneurs and consultants that advanced the Integra Gold’s Lamaque project from an exploration property to a near-term production asset. He was instrumental in raising over $150 million during one the most challenging times in the mining sector. Mr. de Jong is set on transforming the mining industry using high-tech and highly-connected methods, and co-led the efforts behind the 2016 Integra Gold Rush Challenge and the 2017 #DisruptMining initiatives.

Mr. de Jong holds a Bachelor of Commerce degree from Royal Roads University and is also a director of GFG Resources Inc.

Name Change and Consolidation

Effective August 11, 2017, the Company filed articles of amendment to effect the Name Change and the Consolidation approved by shareholders of the Company at its annual and special meeting held on July 6, 2017. The Consolidation reduces the number of outstanding Common Shares from 46,003,540 to approximately 18,401,411. And proportionate adjustments will be made to the Company’s outstanding stock options. No fractional Common Shares will be issued pursuant to the Consolidation and any fractional Common Shares that would have otherwise been issued have been rounded down to the nearest whole number and cancelled.

Letters of transmittal with respect to the Name Change and Consolidation are being mailed to the Company’s registered shareholders. All registered shareholders will be required to send their share certificates representing pre-Name Change and pre-Consolidation Common Shares, along with a properly executed letter of transmittal, to the Company’s registrar and transfer agent, Capital Transfer Services Inc., in accordance with the instructions provided in the letter of transmittal. Shareholders who hold their Common Shares through a broker, investment dealer, bank or trust company should contact that nominee or intermediary for assistance in depositing their Common Shares in connection with the Consolidation. A copy of the letter of transmittal is posted on the Company’s issuer profile on SEDAR at www.sedar.com.

It is anticipated that the post-Consolidation Common Shares will commence trading on the Canadian Securities Exchange (the “CSE“) under its new name, new ticker symbol “ITR” and CUSIP number 45826T103 (ISIN: CA45826T1030) on August 22, 2017.

Recently Completed Private Placement of Common Shares

The Company wishes to issue a correction to its press release disseminated on August 2, 2017, to clarify that it completed a non-brokered private placement for gross proceeds of $896,500 through the issuance of an aggregate of 8,965,000 Common Shares at a price of $0.10 per Common Share.

For further information please contact:

George Salamis, President and CEO
Integra Resources Corp.

Email: info@integraresources.ca

The Canadian National Stock Exchange has not reviewed this press release and does not accept responsibility for the adequacy or accuracy of this news release.

Cautionary Note Regarding Forward-Looking Information

This news release contains “forward-looking information” and “forward-looking statements” (collectively, “forward-looking statements”) within the meaning of the applicable Canadian securities legislation. All statements, other than statements of historical fact, are forward-looking statements and are based on expectations, estimates and projections as at the date of this news release. Any statement that involves discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as “expects”, or “does not expect”, “is expected”, “anticipates” or “does not anticipate”, “plans”, “budget”, “scheduled”, “forecasts”, “estimates”, “believes” or “intends” or variations of such words and phrases or stating that certain actions, events or results “may” or “could”, “would”, “might” or “will” be taken to occur or be achieved) are not statements of historical fact and may be forward-looking statements. In this news release, forward-looking statements relate, among other things, to the anticipated future acquisition initiatives and exploration activities of the Company.

These forward-looking statements are based on reasonable assumptions and estimates of management of the Company at the time such statements were made. Actual future results may differ materially as forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to materially differ from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors, among other things, include; business integration risks; inability to identify and acquire a property of merit, fluctuations in general macroeconomic conditions; fluctuations in securities markets; fluctuations in spot and forward prices of gold, silver, base metals or certain other commodities; fluctuations in currency markets (such as the Canadian dollar to United States dollar exchange rate); change in national and local government, legislation, taxation, controls, regulations and political or economic developments; risks and hazards associated with the business of mineral exploration, development and mining (including environmental hazards, industrial accidents, unusual or unexpected formations pressures, cave-ins and flooding); inability to obtain adequate insurance to cover risks and hazards; the presence of laws and regulations that may impose restrictions on mining; employee relations; relationships with and claims by local communities and indigenous populations; availability of increasing costs associated with mining inputs and labour; the speculative nature of mineral exploration and development (including the risks of obtaining necessary licenses, permits and approvals from government authorities); and title to properties. Although the forward-looking statements contained in this news release are based upon what management of the Company believes, or believed at the time, to be reasonable assumptions, the Company cannot assure shareholders that actual results will be consistent with such forward-looking statements, as there may be other factors that cause results not to be as anticipated, estimated or intended. Readers should not place undue reliance on the forward-looking statements and information contained in this news release. The Company assumes no obligation to update the forward-looking statements of beliefs, opinions, projections, or other factors, should they change, except as required by law.

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The Jenex Corporation Announces Conditional Acceptance of Reactivation from NEX to TSX Venture Exchange, TherOZap(TM) Testing and ISO 13485:2003 Update

Toronto, Ontario–(Newsfile Corp. – August 17, 2017) – The Jenex Corporation (NEX: JEN.H) (“Jenex” or the “Company”), a progressive medical device technology company, today announces that it has obtained the conditional acceptance of the TSX Venture Exchange (the “Exchange” or “TSXV”) in respect of its application for reactivation to the TSXV as a Tier 2 Life Science Issuer (the “Graduation”). The Graduation is conditional upon satisfaction of the following conditions on or before November 15, 2017:

  • Exchange final acceptance for and completion of the proposed private placement to raise gross proceeds of $317,500 by issuing 6,350,000 units at $0.05 per unit; and
  • Exchange final acceptance for and completion of the proposed $800,432 debt settlement by issuing 16,008,634 common shares at $0.05 per share, subject to requisite disinterested shareholder approval.

Board of Directors’ Recommendation

The board of directors of Jenex has determined that the Graduation is in the best interests of its shareholders, and has unanimously approved the Graduation.

Jenex Passes Renewal Audit for ISO 13485:2003 Medical Device Certification

Jenex has successfully passed the renewal audit for ISO 13485:2003 medical device certification. The audit was conducted by SGS North America – the world’s leading inspection, verification, testing and certification company recognized as the global benchmark for quality and integrity.

ISO 13485 is designed to be used by organizations throughout the life cycle of a medical device, from initial conception to production and post-production, including final decommission and disposal. It also covers aspects such as storage, distribution, installation and servicing, and the provision of associated services. In addition, the standard can be used by other internal and external parties, such as certification bodies, to help them with their certification processes, or by supply chain organizations that are required by contract to conform. ISO 13485 helps an organization design a quality management system that establishes and maintains the effectiveness of its processes. It reflects a strong commitment to continual improvement and gives customers confidence in its ability to bring safe and effective products to market.

Additional Insider Participation in Jenex

Jenex would like to report that Mr. Rob Fia, Chief Executive Officer of the Company, John Gamble, a director of the Company, and other close associates thereof have purchased an aggregate of 2,347,000 common shares under escrow of the Company.

Update on testing TherOZap against Zika with Techna Institute at UHN

Jenex would like to report that laboratory testing is moving forward with the Techna Institute at UHN. The Company has received several requests from shareholders for an update, which will be provided to all shareholders upon completion of the tests and when results are available. Due to summer holidays, the Company expects to report back to shareholders during the month of September.

Mr. Rob Fia, CEO, commented:

We are pleased to reactivate Jenex on the TSX Venture Exchange, which underscores our commitment to creating value for our shareholders by broadening distribution in our shares and creating greater liquidity for shareholders. As the Company further develops its platform technology, it will create better financing opportunities for the Company by having its shares listed on a high-quality exchange such as the TSX Venture Exchange.”

“Jenex is committed to meeting industry highest quality requirements and passing ISO 13485:2003 certification reconfirms Jenex’s relentless dedication to quality and customer satisfaction. We will continue to invest significant effort and resources to ensure world-class quality control systems to deliver high quality products that our customers have come to expect from us.

About Jenex:

Jenex is a progressive medical device technology company focused on providing consumers with quality medical devices that address their dermatological needs.  Clear and healthy skin for all is at the core of Jenex’s philosophy as is the belief that such outcomes should not be a privilege for only those who can afford costly procedures and treatments.  The Company’s breakthrough proprietary technology delivers effective, non-invasive and pain free skin care.

Jenex received a Class II medical device status from the FDA for its platform technology that is indicated for the relief of the pain, itch, and inflammation from over 20,000 different insect stings and bites, (including bees, wasps, hornets, mosquitoes, black flies and jellyfish). Jenex received approval for the above claims from FDA (United States) in 1997.

The Jenex Corporation trades on the NEX (NEX: JEN.H). For more information visit: http://ift.tt/2ehz6Pb or www.therozap.com.

About Techna Institute:

Techna is an institute of the University Health Network, in collaboration with the University of Toronto, focused on the accelerated development and exploitation of technology for improved health. Techna is designed to shorten the time interval from technology discovery and development to application for the benefit of patients and the health care system. It also stimulates and facilitates the innovation cycle through a continuum of clinically driven innovation, technology & process development, and translational research. For more information visit: technainstitute.com

About University Health Network:

University Health Network (UHN) is a major landmark in Canada’s healthcare system and a teaching partner of the University of Toronto. UHN consists of Toronto General and Toronto Western Hospitals, the Princess Margaret Cancer Centre, Toronto Rehabilitation Institute and the Michener Institute for Education at UHN. The scope of research and complexity of cases at University Health Network has made it a national and international source for discovery, education and patient care. It has the largest hospital-based research program in Canada, with major research in cardiology, transplantation, neurosciences, oncology, surgical innovation, infectious diseases, genomic medicine and rehabilitation medicine. For more information visit: www.uhn.ca

FORWARD LOOKING STATEMENTS

Certain statements in this news release constitute “forward-looking” statements. These statements relate to future events or the Company’s future performance and include a financing, debt settlement and laboratory tests involving TherOZap™, as described in the news release. All such statements involve substantial known and unknown risks, uncertainties and other factors which may cause the actual results to vary from those expressed or implied by such forward-looking statements. In addition to other risks, the Company may not complete the commercialization or marketing of its products as described in this news or attract capital in the future. Forward-looking statements involve significant risks and uncertainties, they should not be read as guarantees of future performance or results, and they will not necessarily be accurate indications of whether or not such results will be achieved. Actual results could differ materially from those anticipated due to a number of factors and risks. Although the forward-looking statements contained in this news release are based upon what management of the Company believes are reasonable assumptions on the date of this news release, the Company cannot assure investors that actual results will be consistent with these forward-looking statements. The forward-looking statements contained in this press release are made as of the date hereof and the Company disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required under applicable securities regulations.

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 press release.

For further information please contact:
The Jenex Corporation
Rob Fia
CEO & Chairman
rfia@thejenexcorporation.com

NOT FOR DISSEMINATION OR DISTRIBUTION IN THE UNITED STATES

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Constantine Drills More High-Grade at Nunatak AG Zone Discovery, Palmer Project, Alaska

1.21 kilograms per tonne (38.9 opt) Silver over 2.7 meters
461 g/t (14.7 opt) Silver and 0.9 g/t Gold over 10.3 meters
11.3% Zinc over 17.8 meters and 9.9% Zinc over 20.4 meters

Constantine Metal Resources Ltd. (TSXV: CEM) (“Constantine” or the “Company”) is pleased to report assay results for three additional drill holes from the Nunatak AG Zone, a new VMS discovery located 3 km from the known mineral resource at the Palmer Project, Alaska (8.1 million tonnes inferred grading 1.41% copper, 5.25% zinc, 0.32 g/t gold and 31.7 g/t silver*). High-grade base and precious metals have been intersected over long intervals in follow-up drilling to discovery hole CMR17-89 (see news release dated July 27, 2017). To date, mineralization has been intersected over an area measuring approximately 180 m x 50 m, and over a vertical distance of approximately 200 meters and remains open in all directions.

The drill program has been expanded to 10,000 meters to continue the ongoing exploration of this significant new discovery.

AG Zone Highlights

CMR17-92:                   17.8 meters grading 11.7% zinc, 0.2% copper, 6.3 g/t silver, 0.2 g/t gold, and
                                        6.7 meters grading 5.7% zinc, 2.2% lead, 30 g/t silver, 0.2 g/t gold

CMR17-94:                   24.6 meters grading 260 g/t (8.3 opt) silver , 0.5 g/t gold, 1.4% zinc, 0.5% lead;
                                        Includes 10.3 meters grading 461 g/t (14.7 opt) silver, 0.9 g/t gold, 2.0% zinc,
                                        0.7% lead, and 1214 g/t (38.9 opt) silver, 1.3 g/t gold in a 2.7 meter subinterval

CMR17-96:                   20.4 meters grading 9.9% zinc, 0.2% copper, 14.4 g/t silver, 0.1 g/t gold

Garfield MacVeigh, President, states “The initial four holes released for the AG Zone discovery have defined a significant new zone of mineralization that is wide open to expansion. While it is very early days in our exploration of the AG Zone, the length, grade and broad area of the drill intersections in combination with the scale and intensity of hydrothermal alteration indicate excellent potential for a sizeable deposit. The discovery is a major new development for the Palmer Project and we look forward to the results of ongoing exploration drilling.”

Discussion of Drill Results

Assay results have been received for three new holes completed at the AG Zone, and all three have intersected significant mineralization (Table 1). Two holes, CMR17-92 and 94, were drilled on the same section as previously released hole CMR17-89 with the third hole, CMR17-96, testing 50 meters off section to the west-northwest (see Figures 1 and 2). Mineralization has been intersected over an area measuring approximately 180 m x 50 m, and over a vertical distance of approximately 200 meters.

CMR17-92 intersected 17.8 meters of high-grade zinc mineralization approximately 140 meters south of the previously reported 9.2 meter high grade silver-gold intersection in discovery drillhole CMR17-89. A second, 6.7 meter wide zone of zinc-lead-silver-gold mineralization was intersected at the bottom of hole CMR17-92, which was lost prematurely within mineralization. Hole CMR17-94 intersected 24.6 meters of silver-rich polymetallic mineralization in a 50 meter up-dip step-out from hole CMR17-92. The CMR17-94 intersection includes a higher grade interval grading 461 g/t silver, 0.9 g/t gold, 2.0% zinc, and 0.7% lead over 10.3 meters, including a very high grade sub-interval grading 1.21 kilograms per tonne silver over 2.7 meters. Strong metal zonation occurs between holes, grading from silver-gold-barite dominant to zinc dominant. Mineralization varies from massive barite-sulphide to semi-massive sulphide, stockwork and replacement.

CMR17-96 intersected 20.4 meters of strong zinc mineralization in a 50 meter step-out along strike to the west-northwest from CMR17-92. Mineralization in CMR17-96 is similar to CMR17-92, and demonstrates excellent continuity of grade and width along trend between the two holes.

Nunatak Prospect                                 

The Nunatak prospect was drilled as part of the Company’s dual focus plan of exploring for new deposits across the district-scale property while also expanding and upgrading the South Wall-RW Zone inferred mineral resource. The new AG Zone discovery has confirmed the multi-deposit potential of the Palmer Property. It also highlights the opportunity for significant precious metal mineralization, which is characteristic of other Late Triassic VMS deposits in the region such as Greens Creek, one of the largest and lowest cost primary silver mines in the world.

Table 1. Nunatak AG Zone Assay Results

Drill Hole From To Width1 Width Cu Zn   Pb   Ag Au
(meters) (meters) (meters) (feet) % % % (g/t) (g/t)
CMR17-92 122.3 140.1 17.8 58.4 0.21 11.70 0.13 6.3 0.15
CMR17-92 244.2 250.9 6.7 22.0 0.10 5.73 2.17 30.0 0.20
Including 244.2 246.2 2.0 6.6 0.14 12.65 4.35 47.8 0.24
CMR17-94 35.9 41.1 5.2 17.1 0.01 0.09 0.11 34.6 0.56
CMR17-94 89.3 128.2 38.9 127.6 0.01 0.95 0.32 183.5 0.39
Including 93.7 118.3 24.6 80.7 0.05 1.35 0.45 260.0 0.53
Including 93.7 104 10.3 33.8 0.06 2.03 0.69 460.8 0.90
Including 93.7 96.4 2.7 8.9 0.13 4.03 1.86 1214.4 1.34
CMR17-96 128.8 149.2 20.4 66.9 0.21 9.88 0.29 14.4 0.07
Including 128.8 132.8 4.0 13.1 0.22 15.41 0.37 32.9 0.11
CMR17-892 25.1 28.8 3.7 12.1 0.03 0.27 0.22 28.8 0.49
CMR17-892 127.9 137.1 9.2 30.2 0.09 0.19 0.21 312.6 0.89

1Drill intercepts reported as core lengths; true widths are unknown. Averages are weighted for length and density.
2
previously reported drill intersection


About the Palmer Project

Palmer is an advanced stage, high-grade volcanogenic massive sulphide (VMS) project, with an Inferred Mineral Resource of 8.1 million tonnes grading 1.41% copper, 5.25% zinc, 0.32 g/t gold and 31.7 g/t silver*. The Project is being advanced as a joint venture between Constantine (51%) and Dowa (49%), with Constantine as operator. The project is located in a very accessible part of coastal Southeast Alaska, with road access to the edge of the property and within 60 kilometers of the year-round deep sea port of Haines. Mineralization at Palmer occurs within the same belt of rocks that is host to the Greens Creek mine, one of the world’s richest VMS deposits. VMS deposits are known to occur in clusters and with at least 25 separate base metal and/or barite occurrences and prospects on the property, there is abundant potential for discovery of multiple deposits at Palmer.

About the Company

Constantine is a mineral exploration company led by a proven technical team with a focus on premier North American mining environments. In addition to the Company’s flagship copper-zinc-silver-gold Palmer Joint Venture Project, Constantine also controls a portfolio of high-quality, 100% owned, gold projects in the Timmins camp Ontario. This includes the large, well located Golden Mile Property in Timmins and the Munro Croesus Gold Property that is renowned for its exceptionally high-grade past production. Management is committed to providing shareholder value through discovery, meaningful community engagement, environmental stewardship, and responsible mineral exploration and development activities that support local jobs and businesses.

Please visit the Company’s website (http://ift.tt/1NUv1jQ) for more detailed company and project information.

On Behalf of Constantine Metal Resources Ltd.

“Garfield MacVeigh”

President                                                                                                                         

For further information please contact:
Garfield MacVeigh, President or Darwin Green, VP Exploration
Phone: 604-629-2348. Email:
info@constantinemetals.com

* 8.125 million tonne inferred resource grading 1.41% copper, 5.25% zinc, 0.32 g/t gold and 31.7 g/t silver. See the Company’s news release date May 11, 2015 and available on http://www.sedar.com. Resource estimate utilizes an NSR cut-off of US$75/t with assumed metal prices of US$1200/oz for gold, US$18/oz for silver, US$2.75/lb for copper, and US$1.00/lb for zinc. Estimated metal recoveries are 89.6% for copper, 84.9% for zinc, 75% for gold (61.5% to the Cu concentrate and 13.5% to the Zn concentrate) and 89.7% for silver (73.7% to the Cu concentrate and 16% to the Zn concentrate) as determined from metallurgical locked cycle flotation tests. An “Inferred Mineral Resource is that part of a Mineral Resource for which quantity and grade or quality can be estimated on the basis of geological evidence and limited sampling and reasonably assumed, but not verified, geological and grade continuity. Confidence in the estimate is insufficient to allow the meaningful application of technical and economic parameters or to enable an evaluation of economic viability worthy of public disclosure.

Notes:

Samples of drill core were cut by a diamond blade rock saw, with half of the cut core placed in individual sealed polyurethane bags and half placed back in the original core box for permanent storage. Sample lengths typically vary from a minimum 0.3 meter interval to a maximum 2.0 meter interval, with an average 1.0 to 1.5 meter sample length. Drill core samples were shipped by transport truck in sealed woven plastic bags to ALS Minerals laboratory facility in North Vancouver for analysis. ALS Minerals operate according to the guidelines set out in ISO/IEC Guide 25. Gold was determined by fire-assay fusion of a 30 g sub-sample with atomic absorption spectroscopy (AAS). Various metals including silver, gold, copper, lead and zinc were analyzed by inductively-coupled plasma (ICP) atomic emission spectroscopy, following multi-acid digestion. The elements silver, copper, and zinc were determined by ore grade assay for samples that returned values >10,000 ppm by ICP analysis. Density measurements were determined at the project site by qualified Constantine personnel on cut core for each assay sample.

The 2017 exploration program for the Palmer project is managed by Darwin Green, P.Geo, the Company’s Vice President Exploration for Constantine Metal Resources Ltd. and a qualified person as defined by Canadian National Instrument 43-101. Mr. Green has either prepared or supervised the preparation of the scientific and technical disclosure contained in this news release and has reviewed and approved it for disclosure. He has also verified the analytical data for drill core samples disclosed in this release by reviewing the blanks, duplicates and certified reference material standards and confirming that they fall within limits as determined by acceptable industry practice. The analytical results have also been compared to visual estimates for the base metals to check for any obvious discrepancies between analytical results and the visual estimates.

Forward looking statements:  This news release includes certain “forward-looking information” within the meaning of Canadian securities legislation and “forward-looking statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995 (collectively “forward looking statements”).” Forward-looking statements include predictions, projections and forecasts and are often, but not always, identified by the use of words such as “seek”, “anticipate”, “believe”, “plan”, “estimate”, “forecast”, “expect”, “potential”, “project”, “target”, “schedule”, budget” and “intend” and statements that an event or result “may”, “will”, “should”, “could” or “might” occur or be achieved and other similar expressions and includes the negatives thereof.  All statements other than statements of historical fact included in this release, including, without limitation, statements regarding potential mineralization and geological merits of the Palmer Project and other future plans, objectives or expectations of the Company are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements.  Forward-looking statements are based on a number of material factors and assumptions.  Important factors that could cause actual results to differ materially from Company’s expectations include actual exploration results, changes in project parameters as plans continue to be refined, results of future resource estimates, future metal prices, availability of capital and financing on acceptable terms, general economic, market or business conditions, uninsured risks, regulatory changes, defects in title, availability of personnel, materials and equipment on a timely basis, accidents or equipment breakdowns, delays in receiving government approvals, unanticipated environmental impacts on operations and costs to remedy same, and other exploration or other risks detailed herein and from time to time in the filings made by the Company with securities regulators.  Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ from those described in forward-looking statements, there may be other factors that cause such actions, events or results to differ materially from those anticipated.  There can be no assurance that forward-looking statements will prove to be accurate and accordingly readers are cautioned not to place undue reliance on forward-looking statements.

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 release.

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Xtra-Gold Announces Warrant Amendment

Toronto, Ontario–(Newsfile Corp. – August 17, 2017) – Xtra-Gold Resources Corp. (TSX: XTG) (OTCQB: XTGRF) (“Xtra- Gold” or the “Company”) announces that it has applied to the Toronto Stock Exchange (the “Exchange”) to amend the terms of 1,250,000 common share purchase warrants (the “2016 Warrants”) as follows:

  1. the expiry date be extended by one year to August 25, 2018, and
  2. the exercise price be lowered from $0.65 to $0.50 per common share.

The 2016 Warrants were originally issued pursuant to a non-brokered private placement closed on May 25, 2016. Each 2016 Warrant entitles the holder to acquire one common share in the capital of the Company at an exercise price of S0.65 per common share until August 25, 2017. No 2016 Warrants issued under the private placement have been exercised to date, and none of these warrants are held, directly or indirectly, by any insiders of the Company.

The amendments to the 2016 Warrants are subject to approval of the Exchange. The effective date of the amendment will be on or after August 30, 2017.

About Xtra-Gold Resources Corp.

Xtra-Gold is a gold exploration company with a significant land position in the Kibi greenstone belt (“Kibi Gold Belt”) located in Ghana, West Africa. Our main assets comprise of 5 mining leases totaling 55,905 acres.

– 2 –

ForwardLooking Statements

The TSX does not accept responsibility for the adequacy or accuracy of this release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. This news release includes certain “forward-looking statements”. These statements are based on information currently available to the Company and the Company provides no assurance that actual results will meet management’s expectations. Forward- looking statements include estimates and statements that describe the Company’s future plans, objectives or goals, including words to the effect that the Company or management expects a stated condition or result to occur. Forward-looking statements may be identified by such terms as “believes”, “anticipates”, “expects”, “estimates”, “may”, “could”, “would”, “will”, or “plan”. Since forward-looking statements are based on assumptions and address future events and conditions, by their very nature they involve inherent risks and uncertainties. Actual results relating to, among other things, results of exploration, project development, reclamation and capital costs of the Company’s mineral properties, and the Company’s financial condition and prospects, could differ materially from those currently anticipated in such statements for many reasons such as: changes in general economic conditions and conditions in the financial markets; changes in demand and prices for minerals; litigation, legislative, environmental and other judicial, regulatory, political and competitive developments; technological and operational difficulties encountered in connection with the activities of the Company; and other matters discussed in this news release. This list is not exhaustive of the factors that may affect any of the Company’s forward-looking statements. These and other factors should be considered carefully and readers should not place undue reliance on the Company’s forward-looking statements. The Company does not undertake to update any forward-looking statement that may be made from time to time by the Company or on its behalf, except in accordance with applicable securities laws.

Contact Information

For further information please contact:

James Longshore
Chief Executive Officer
Tel.: 416-628-2881
E-mail: info@xtragold.com
Website: www.xtragold.com

NOT FOR DISSEMINATION IN THE UNITED STATES OF AMERICA OR THROUGH U.S. NEWSWIRE SERVICES

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