Opawica drilling Bazooka project

Fred Kiernicki’s Opawica Explorations Inc. (OPW), unchanged at 12.5 cents on 3.66 million shares, will start drilling early next week at its Bazooka project near Rouyn Noranda in Quebec. This is the drilling that was to have started in November, but had to be delayed until the company could get the required permits. Mr. Kiernicki, who does not draw a salary as president and CEO and who got less than $7,000 last year for consulting services, says that Opawica’s drilling will test for a depth extension to the mineralized zone identified in underground workings during the early 1950s. That work had produced up to 17.1 grams of gold per tonne over an area 1.1 metres wide and 21 metres long. The company plans three holes averaging about 500 metres each in the program, sufficient to reach the intriguing zone at depths between 200 and 400 metres.

SECOVA METALS REVIEWS 2016 MILESTONES OF SOLID GROWTH AND TECHNICAL INSIGHTS, HIGHLIGHTS STRATEGY AND GOALS FOR 2017

SECOVA METALS REVIEWS 2016 MILESTONES OF SOLID GROWTH AND TECHNICAL INSIGHTS, HIGHLIGHTS STRATEGY AND GOALS FOR 2017

Secova Metals Corp. has provided a review of significant growth for the company encompassing multiple acquisitions in Quebec, project advancements at the Duvay/Chenier project, strategic corporate financings, and the building of a dynamic and experienced team to lead the company going forward. In 2017, Secova will begin drilling on the Duvay/Chenier project with the goal of establishing the minable resource associated with the known mineralization, along with project development on its Eagle River acquisition in the Windfall Lake area of Quebec.

P. Bradley Kitchen, CEO of Secova, commented: “I am extremely pleased with our progress in 2016, and proud of each member of the Secova Team. We have also benefitted by the strong continued support of Tres-Or Resources (TSXV: TRS), our strategic partner at the Duvay/Chenier project. During the year, we remained focused on ensuring each strategic step clearly provided a path to being able to develop Secova’s assets that would deliver a significant gold resource portfolio. In 2017, we are positioned to complete two key resource development programs at our gold projects in Quebec, respectively the Duvay/Chenier gold project and the Eagle River claims near the Windfall Lake gold deposit, where each project has the potential to yield multi-million-ounce resource deposits. I would like to thank each of our shareholders for their support during 2016 and the dedication of our amazing team in Quebec and British Columbia. We expect 2017 to be the year of significant advancement for Secova, and an elevated presence amongst our peers.”

Highlights of 2016 Activities:

Increased the size of the Duvay/Chenier claims to 7,766 contiguous hectares.
The company has the right to earn up to 90 per cent of the combined Duvay and Chenier claims from Tres-Or Resources Ltd. in the Abitibi region of Quebec. The consolidated Duvay property includes many other gold zones such as Grenadier West, East Mac, Bunker, Fontana and several others just outside of the property (such as Standard). Secova remains focused to develop its exploration program one step at a time.
Completed first phase of IPower 3D survey for a length of 750 meters and to a depth of up to 400 meters.
Historic results show attractive gold results and the majority of these results were from surface to 100 meters in depth. The new IPower 3D survey shows mineralization open to depths over 300 meters.
First 3D gold mineralization model created from historic drilling, surface exploration and the IPower 3D survey.
Modeling shows distinct areas of gold mineralization in multiple cigar shaped cylinders angled at 50 degrees from vertical and appear to be open at depth.
Six targets identified along the current strike on the Duvay claims
These targets suggested that mineralization continued to the North West and was the main driver for the company to arrange for the acquisition of the Chenier claims.
Future targets to be confirmed along strike using the IPower 3D modeling to extend the current strike length by 1.3 km to 2.05km.
Acquired the Eagle River gold project which is located in the Windfall Lake area in the Urban-Barry township of Quebec.
These claims are directly adjacent to Osisko Mining Inc.’s Windfall Lake gold deposit and Bonterra Resources Inc.’s Gladiator gold deposit.
This property is on the southern extension of the gold structure in the area and historic information shows multiple areas of potential gold mineralization.
Added key strategic members to the technical and management team.

Morgan Good, President of Secova Metals Corp. commented: “Over the past year we have been able to explore the property along the strike on the Duvay/Chenier gold Project to over 2.0 km. When the IPower 3D modeling is completed we will have a model of the gold mineralization to a depth of about 400 meters along the entire length of the strike. We have already identified six drill targets and expect to expand the number of targets with the results from the new IPower 3D survey. We are currently preparing the drill maps and will begin drilling shortly.

Our interpretation and understanding of the deposit and region, has increased immensely, leading to a focused exploration program for 2017. Secova’s technical team and contracted partners in Quebec should be congratulated for an amazing job and commitment on all levels.”

2017 Strategic Goals:

Begin diamond drill program at Duvay/Chenier targeting.
Drill mapping is currently being prepared.
Add 1.3km of IPower 3D gold mineralization modeling to have a model of the entire 2.05 km strike length.
Update current geological model on Duvay/Chenier to include new drill results.
For a more detailed review of Secova’s 2017 Exploration plan, please refer to the Company’s September 27, 2016 news release or review the geoscientific compilation (BMAG report) prepared by Dr. Ali Ben Ayad, PGeo, PhD, MBA, of BMA Geo-Conseil (BMAG).
Develop a strategic exploration plan for the recently acquired Eagle River project.
Continue acquisition strategy to potentially add other Quebec-based key projects of merit.

Secova Metals Quick Facts:

7,766-hectare representing 174 contiguous claims (Duvay/Chenier Gold Project) in the Amos Township in Quebec.
2017 Exploration Program underway – up to 5,250 meters of drilling and an additional 1.3 km of mineralization modeling using IPower 3D survey.
2,165-hectare Eagle River gold project in the Windfall Lake camp of Urban-Barry township, Quebec.

The Company will be planning its initial exploration program based on historic drilling information from the site and an intimate knowledge of the gold mineralization of the Windfall Lake gold camp.

Other Corporate News

The Company announces the resignation of Pierre-Jean Lafleur from the Board of Directors. M. Lafleur was instrumental in overseeing the compilation of the Duvay/Chenier geographic compilation and design of the current exploration program. We wish M. Lafleur all the best in his future endeavors.

About Secova Metals Corp.

Secova Metals Corp. is a Canadian gold exploration company focused on building a strong asset base through exploration of undervalued gold projects in Canada. Management has demonstrated expertise in advancing gold exploration projects into acquisition targets, most notably in the province of Quebec. Secova has the exclusive right and option to acquire from Tres-OR Resources Inc. (“Tres-Or”), an undivided 65% right, title and interest in the contiguous Duvay and Chenier Gold Projects. Secova can earn up to 90% of the property (an additional 25% ownership) by funding a pre-feasibility study after the initial exploration expenditures to bring the property towards production. The Company has a total contiguous land package of 174 claims covering over 7,766 hectares (17,458 acres) of land. The Duvay/Chenier project is located in the Abitibi gold belt, one of Quebec’s premier mining jurisdictions. The Company has plans to advance the development of Duvay/Chenier and Eagle River as well as seek other avenues of growth through acquisition and mergers.

$100 Million raised in Secova SEK.v and BFD.v Beaufield neighbourhood

The Urban-Windfall District in Quebec Heats Up on February 6th
Friday February 17, 2017 10:16
Several of the world’s largest gold and base metal deposits were found in Eastern Canada’s Abitibi Greenstone Belt (AGB). The AGB is an established gold mining district, which extends from Wawa, Ontario, to Val D’Or (Valley of Gold) in Quebec. This highly prolific mining territory boasts over 100 mines and production of 170 million ounces of gold since 1901. Mining in the region experienced resurgence between 2000-2010 when Osisko and Detour Gold invested heavily in two areas, Malarctic and Detour Lake.

This district has multiple benefits for miners that explore in the AGB besides the recent high-grade discoveries that have been made by a plethora of mining companies. For over 25 years, the government of Quebec has provided a low corporate tax rate along with subsidies and grants to miners exploring the district. To say this is a mining friendly district is an understatement. The government of Quebec routinely mails out checks to exploration companies thereby subsidizing miner drill programs. Furthermore, very good infrastructure is in place allowing exploration companies easy access to skilled labor, drilling companies, and assay labs, thus cutting down the costs of drilling their properties.

On August 25th of last year, Osisko Mining Corp. (OSK.TO) made a major discovery on the AGB at their flagship Windfall property. This significant discovery lies in the Urban Township of Quebec between Val-d’Or and Chibougamau. The area is known for its gold and copper production and excellent infrastructure for exploration and mining. Gold was initially discovered in the Urban-Windfall District in 1937 along the south shore of Lac Rouleau.

During the following September, Osisko Mining began a series of large capital raises as management turned its focus to this very promising deposit. I was in attendance on September 15th, during the company’s presentation at the Precious Metals Summit in Beaver Creek, Colorado, when they unveiled their plan to concentrate specifically on this new discovery at Windfall. Management informed the audience they believed there could possibly be a 5 million oz. gold deposit at Windfall and they were going to focus on this deposit with a major drill campaign.

Then, in late December, the company announced a 250,000 meter drill program at Windfall as they continued to hit high grade intercepts on the property. On February 6th, the company announced a C$30M bought deal equity raise, which was immediately bumped up to C$52M. This was the company’s fifth financing since the aforementioned August discovery of last year. They also increased the drill program to 400,000 meters. This series of events led to a sudden explosion in interest in the Urban-Windfall District.

On the very same day of February 6th, two micro-cap exploration companies, which are on trend of the Osisko Windfall deposit, announced financings. BonTerra Resources (BTR.V) announced a C$6M bought deal, which was increased not once, but twice! The next day the company announced a larger deal at C$9M, which was upped yet again to C$12.9M a few days later. Osisko Mining has taken 10% of this finance and billionaire mine financier Eric Sprott has participated for an undisclosed amount as well. BonTerra owns two high-grade gold deposits in the area and both contain 43-101 calculations. The company’s Gladiator Project lies just south of Osisko’s Windfall deposit and the proceeds from the financing will fully fund an aggressive drilling campaign.

The other micro-cap exploration company at Urban-Windfall to announce a finance on February 6th was Secova Metals (SEK.V), which is run by the very same team responsible for making the original discovery at the now Osisko Windfall deposit. Eagle Hill Exploration Corp., under the guise of the now Sekova CEO Bradley Kitchen, was the company which discovered Windfall at the peak of the last gold bull-run in November 2011. Eagle Hill was eventually combined with three other exploration companies at the tail end of the vicious four year miner bear in June of 2015. This new company, Oban Mining, which one year later was changed to Osisko Mining, now owns the Windfall deposit. Secova now controls two projects in the same area as Windfall. The recently acquired 4,354-hectare Eagle River gold deposit is on trend and just south of Osisko’s Windfall project which management is intimately familiar with. The company is planning its initial exploration program based on historic drilling information from the site which was also recently acquired along with the claims.

Not to be left behind, there is a third micro-cap player in this saga which also happens to own a large land package adjacent to the Windfall property. Beaufield Ventures (BFD.V) announced a C$4M bought deal finance on February 8th, which was upped to C$6M the very next day. On the same day of the announced bought deal, Beaufield issued a press release stating they will increase the ongoing drill program at Urban. The company’s ET target is surrounded on three sides by Osisko Mining’s Windfall property and is located less than 2 kilometers from the Windfall gold deposit. A magnetic geophysical anomaly that appears identical to the magnetic anomaly at Windfall-Caribou will be drilled with at least two starter holes to assess potential. The property will remain the principal focus of the corporation’s exploration activities for 2017.

Over the past week, nearly C$75M has been raised to explore the Urban-Windfall District by four exploration companies. This is a significant amount of capitol to be invested in such a concentrated area. I strongly believe that if Osisko does indeed prove up 5 million high grade ounces of gold at Windfall, the whole district has a very good chance of eventually being acquired by a major global miner.

Full Disclosure: I personally own shares in all of the companies mentioned and recently participated in the Secova Private Placement. Please do your own due diligence before purchasing shares in any of the companies mentioned in this article.

By David Erfle Contributor to Kitco News
newsfeedback@kitco.com

Tech meets AG

More press releases» Press Release
The Internet of Things Is Coming to Agriculture, Bringing a Mixed Bag of Outcomes

BOSTON, MA–(Marketwired – August 04, 2016) – A wide range of start-ups and incumbents as varied as John Deere and Verizon are jumping in as the Internet of Things (IoT) comes to the farm with the promise of raising yields, reducing costs, and improving efficiencies, according to Lux Research.

Agriculture is an excellent use case for IoT, rich with data sources and ripe for operational improvements with the deployment of sensors, connectivity, and analytics. A major challenge for adoption of IoT systems for ag is the wide variation in outcomes, which can vary from single-digit reductions in inputs like water, fertilizer, seed, or other chemicals, to double-digit increases in yield. The magnitude of the cost savings or revenue increase has a significant impact on a solution’s traction with growers.

“Technologies have emerged to combat many of the difficulties inherent to deploying IoT on farms including durable hardware, effective connectivity infrastructure, and powerful information management and analysis platforms,” said Sara Olson, Lux Research Analyst and lead author of the report titled, “The Internet of Agricultural Things.”

“Solutions that focus on increasing crop yields and target multiple pieces of agricultural value chains have broader appeal,” she added.

Lux Research evaluated IoT’s value propositions in agriculture and conducted three case studies. Among their findings:

Start-ups are rising. Phytech, AquaSpy, OnFarm Systems, and SemiosBIO are leading start-ups, with compelling technologies and solid business execution. In start-up funding activity this year, CropX has raised $10 million while SemiosBIO received $9 million.
More accurate irrigation management can help raise yields. AquaSpy’s probes to monitor soil water status in irrigated fields have a clear value proposition. In a case study conducted over the course of a full corn growing season in South Carolina, AquaSpy-managed fields generated 22% higher yields.
Question marks loom over costlier services. Phytech’s system consisting of soil, plant and weather sensors, and irrigation flow meters showed 10% water savings over a two-week period in one case. At a relatively high irrigation cost of $500 per acre, the system would deliver a return on investment of 10%, but at lower water cost, returns are questionable thanks to high per-acre service costs.
The report, titled “The Internet of Agricultural Things,” is part of the Lux Research Agro Innovation Intelligence and the Industrial Internet of Things Intelligence services.

About Lux Research

Lux Research provides strategic advice and ongoing intelligence for emerging technologies. Leaders in business, finance and government rely on us to help them make informed strategic decisions. Through our unique research approach focused on primary research and our extensive global network, we deliver insight, connections and competitive advantage to our clients. Visit www.luxresearchinc.com for more information.

Contact:
Carole Jacques
Lux Research, Inc.
617-502-5314
carole.jacques@luxresearchinc.com

Honorable Jerry Grafstein, QC will join Captiva’s Board of Directors

CAPTIVA VERDE ANNOUNCES NEW ADDITION TO THE BOARD OF DIRECTORS
La Quinta, California – July 12, 2016 Captiva Verde Industries Ltd. (“Captiva Verde” or the “Company”) is pleased to announce that the Honorable Jerry Grafstein, QC will join Captiva’s Board of Directors at the Captiva Verde Annual General Meeting to be held on September 8th, 2016.
The Hon. Jerry S. Grafstein, Q.C., holds degrees from the University of Western Ontario and the University of Toronto Law School and has taught the Bar Admission Course at Osgoode Hall. He has wide-ranging legal and business experience in all aspects of media. Mr. Grafstein was a co-founder of a range of media companies, focusing on broadcasting, cable, communications, film production and publication enterprises in Canada, the USA, the UK, and South America. Mr. Grafstein recently co- founded on-line news sites from Canada, USA, Brazil, China, Russia, Africa, UK, Europe and the Mideast including a site from Hollywood and a Fashion site. He advised several key government ministries, including Transportation, External Affairs, Consumer and Corporate Affairs and Justice.
Mr. Grafstein was appointed to the Senate of Canada in 1984 by then Prime Minister Pierre Elliott Trudeau. Mr. Grafstein served on all Senate Committees, including the Agriculture and Forestry, Foreign Affairs and the Legal and Constitutional Affairs Committees. He served as Chairman of the Senate Banking, Trade and Commerce Committee. While in the Senate, he was a long serving Co- Chair of the Canada-United States Inter-Parliamentary Group, and a long serving senior officer of the Organization for Security and Co-Operation in Europe Parliamentary Assembly (OSCE PA). Mr. Grafstein retired from the Senate on January 1, 2010. He continues his law practice in corporate finance and communication law and as counsel emeritus to Minden Gross LLP in Toronto and remains active in the local affairs in Toronto. He now devotes most of his business time to tech start- ups in Canada, U.S.A. and South America.
On behalf of the Board of Directors

CAPTIVA VERDE ANNOUNCES NEGOTIATIONS FOR GAME CHANGING TECHNOLOGY

Captiva Verde Industries Ltd. is in negotiations for the acquisition of a revolutionary patented technology to reduce important water costs in agriculture. This technology has significant potential for other industries for reducing costs such as domestic residential users.

The company is reviewing the patent(s), conducting its due diligence and negotiating for the best outcome to acquire this significant water-related asset.

Captiva Verde will update its shareholders on the progress of the negotiations.

Jeff Ciachurski, chief executive officer of Captiva Verde, states: “I had taken Western Wind Energy from a few thousand dollars of initial capital to a $420-million sale to a $180-billion asset manager. I intend to do the same with Captiva Verde.”

CAPTIVA VERDE ANNOUNCES NEGOTIATIONS FOR GAME CHANGING TECHNOLOGY

Captiva Verde Industries Ltd. is in negotiations for the acquisition of a revolutionary patented technology to reduce important water costs in agriculture. This technology has significant potential for other industries for reducing costs such as domestic residential users.

The company is reviewing the patent(s), conducting its due diligence and negotiating for the best outcome to acquire this significant water-related asset.

Captiva Verde will update its shareholders on the progress of the negotiations.

Jeff Ciachurski, chief executive officer of Captiva Verde, states: “I had taken Western Wind Energy from a few thousand dollars of initial capital to a $420-million sale to a $180-billion asset manager. I intend to do the same with Captiva Verde.”

TIMMINS GOLD REPAYS SECURED DEBT

Mr. Mark Backens reports

TIMMINS GOLD REPAYS SECURED DEBT TO SPROTT AND GOLDCORP

Timmins Gold Corp. has repaid its $10.22-million (U.S.) credit facility with lenders Sprott Resource Lending Partnership and Goldcorp Inc. A bonus of $204,450 (U.S.) will be paid to Sprott, and a bonus of $70,416 (U.S.) and 550,000 common shares will be paid to Goldcorp pursuant to the terms of the credit agreement.

“Settlement of this debt is a very significant achievement for Timmins as it has been a top priority to place the company in a stronger financial position going forward,” stated Mark Backens, interim chief executive officer. “With the debt paid off, we gain flexibility and can renew focus on the advancement of the Ana Paula feasibility study and permitting work. Initial funding for this work will be provided by the cash flow generated from the San Francisco mine. We would like to extend our appreciation to both Sprott and our largest shareholder Goldcorp for their support.”

On a related note, Timmins has provided Candelaria Mining Inc. an extension to the closing of the Caballo Blanco transaction from June 24, 2016, to July 7, 2016. As a part of this extension agreement, Candelaria has increased its non-refundable deposit by $3.5-million (U.S.) for a total of $7.0-million (U.S.), which has been received as at June 13, 2016, with the next payment of $3.0-million (U.S.) due on closing. All other terms of the transaction, including the final payment of $2.5-million (U.S.) due on the earlier of receipt of permits for the project and one year from closing, and the assumption by Candelaria of the $5.0-million (U.S.) contingent obligation to Goldgroup Mining Inc., remain unchanged.

Captiva Verde sells $2.44 Million in 30 days!

CAPTIVA VERDE ANNOUNCES RECORD MAY 2016 PRODUCTION

Captiva Verde Industries Ltd. has provided an update on its recent production. During the month of May, 2016, the company harvested and sold 1,530,540 pounds of U.S. Department of Agriculture-certified organic vegetables. Prices, together with vegetable types and varieties, are confidential, but the month of May, 2016, represents over $2.44-million in sales.

With the gold-medal effort demonstrated by the company’s farming team and harvest contractor, Captiva Verde has clearly displayed proof of its ability to execute on its farming plan. With several acquisition targets being negotiated and expansion of farming lands in key regions being executed, the company will strive to build out a world-class USDA-certified organic farming organization. Substantial start-up expenditures were expensed in the last few months of 2015, and will continue to be expensed out in Q1

CAPTIVA VERDE (VEG.CVE) ANNOUNCES RECORD PRODUCTION

La Quinta, California – May 23, 2016 Captiva Verde Industries Ltd. (“Captiva Verde” or the “Company”) is very pleased to announce record production. During the past two weeks, the company harvested 1,064,000 pounds of organic vegetables. This equates to 76,000 pounds per day of high quality USDA certified organic vegetables. Since May 13th, the company is fully contracted for its rated capacity. Captiva is reviewing additional expansion to create capacity for up to one million pounds per week for nine (9) months of the year and 160,000 pounds per week during the summer months. Prices and varieties are confidential, but the past 14 days represent over $1,700,000.00 in sales.
With respect to the broader market, the US organic industry set new records in 2015, with organic food sales of $39.7 billion, up 11 percent from the previous year. The Organic Trade Association said nearly 5 percent of all food sold in the U.S. and 13 percent of all produce sold is organic. Organic produce remains the largest of all organic categories with $14.4 billion in sales, up 10.6 percent from 2014, the survey found.

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