Vanadium One Energy Corp. has commenced phase 1 drilling campaign at its Mont Sorcier iron-titanium-vanadium project. Drilling began on July 21st, 2017.

Continue Reading “Vanadium One begins drilling Mont Sorcier project”

Globex Mining Enterprises Inc. has noted that Nyrstar NV’s Mid Tennessee mine and mill complex has been in operation since May, 2017, and is rapidly increasing production to full capacity.

Globex, at current zinc prices, holds a 1.4-per-cent gross metal royalty on all zinc production from the property. In the initial production months of May and June, 5,664,180 pounds of zinc were produced, of which 4,814,553 pounds are payable. Globex’s share of production is $150,272 (U.S.) ($198,808) at average zinc prices per pound for May and June of $1.175 (U.S.) and $1.167 (U.S.), respectively. The current zinc price is $1.25 (U.S.) per pound.

It is also worth noting that, at closing of the mine and mill in November, 2015, the last month’s production was at a high of 12,595,640 pounds of zinc (10,706,294 pounds payable).

Globex is pleased with the reopening of the mine and mill and looks forward to the revenue stream, which will be generated for Globex as they ramp up to full production capacity. Most projections, as regard to zinc prices, estimate that prices will continue to rise over the next several years.

This press release was written by Jack Stoch, PGeo, president and chief executive officer of Globex.

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Vanadium One Energy Corp. has appointed Patrick D. O’Brien, ICDD, MIoD, a certified corporate director, to the newly created position, director of corporate development. Mr. O’Brien will also retain his seat on the Company’s Board of Directors.

Pat O’Brien is a highly skilled corporate strategist with 30 years experience, a seasoned professional manager and marketer, who is a master at negotiation. Excellent analytical skills and a sharp financial perspective have given Mr. O’Brien the ability to screen and identify promising geological targets of excellent potential over his many years in the junior mining industry.

Although not a trained geologist, Mr. O’Brien understands exploration and mining concepts very well and can assess situations and opportunities quickly and with clarity, giving him the ability to couple the right business ideals with prime projects. During his time as CEO of VanadiumCorp (PacificOre Mining, Apella Resources and Novawest Resources), Pat, along with three carefully chosen geoscientists, strategized, staked, fought for, and acquired the world renowned Fe-V-Ti asset package that now sits with them. Pat has proven to be a fierce competitor over the past 30 years in the industry and he does not believe in shortcuts. His success has been built on hard work, honesty and integrity.

Mr. O’Brien comments, “John and his team at Vanadium One have an excellent game plan. I will focus on cranking up the intensity at Vanadium One Energy as I have in the past at other companies. Respect for our team’s hard work will, without doubt, attract the best talent and best opportunities – it always does.” Mr. O’Brien went on to note; “Vanadium One’s Mont Sorcier Project, aka the Mag Bay Project, is a large tonnage asset. When we acquired a large portion of Mont Sorcier as one of the primary Fe-V-Ti foundation assets for VanadiumCorp during my tenure as VanadiumCorp’s CEO we felt Mont Sorcier had enormous potential, enough to be a company maker. It’s amazing it is now in our hands at Vanadium One Energy as a primary asset to explore and develop – how fortunate for our stakeholders!”

John Priestner, CEO of Vanadium One Energy, commented, “I look forward to having Pat’s dynamics within our ranks. We welcome Pat O’Brien as Director of Corporate Development. Pat is well recognized as a leader in the Vanadium industry and the junior mining sector alike. We look forward to the benefits of his experience, expertise, contacts and energy as the Company moves forward.”

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NURAN SELECTED BY US NAVY AIR SYSTEMS COMMAND (NAVAIR) TO SUPPLY SDR

Nuran Wireless Inc. has been selected to supply a software-defined radio (SDR), the PicoSDR 8×8, to the Naval Air Systems Command’s (NAVAIR) Naval Air Warfare Center Weapons Division (NAWCWD) division. This SDR is designed specifically for research on multielement arrays and overcomes one of the major technological barriers with SDR so far by supporting a very high number of antennas while maintaining phase coherency between them — a real breakthrough. As a result of the company’s commitment to innovation, Nuran Wireless is proudly joining Rockwell Collins as a supplier of software-defined radios to NAVAIR.

Nutaq Innovations, a wholly owned subsidiary of NuraN Wireless will supply its PicoSDR 8×8 software-defined radio to the NAVAIR NAWCWD located in Point Mugu, Calif. The PicoSDR allows radio frequency performance, development of beam forming, phased-array or direction finding systems, and evaluation and compatibility testing of modern Navy RF systems such as advanced radars, jammers, communication equipment and military cellphones.

“We were excited to launch the PicoSDR as we knew it was addressing an important gap in the market by reducing considerably the time and effort required by engineers to setup a prototyping platform. The fact that this product is now in the hands of major customers such as NASA and NAVAIR proves that the product really meets the needs of the market and that our expertise is being recognized by some of the biggest players of the industry” explained Martin Bedard, Co-CEO & Co-President of NuRAN Wireless.

Software-Defined Radio is used to describe a radio transmitting/receiving hardware that is reconfigurable. Software-defined radio have significant utility for military and mobile (cell phone) applications, both of which must serve a wide variety of evolving radio protocols in real time.

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The Tinley Beverage Company Inc. has begun work toward permitting under California’s Medical and Adult Use Cannabis Regulation and Safety Act (MAUCRSA), which is expected to take effect on Jan. 1, 2018. The MAUCRSA was passed in June and outlines the proposed structures for both adult use (“recreational”) as well as medical use throughout the state. The Company’s current medical cannabis collective allows for sale solely within California’s present medical system. The company is also pleased to provide an update on its products and overall operations.

Hemp Extract Squeeze Supplement

The Company has sold and shipped over 1,000 bottles of its recently-announced hemp extract squeeze supplement. The product is being sold mainly via Tinley’s existing distributors, as well as via www.tinleycollective.com and third-party web sites. The suggested retail selling price is $54.99, which is comparable to similarly-dosed premium CBD oils. The Company believes this product has numerous advantages over conventional CBD oils including superior taste, absorption rate, digestibility and versatility.

Hemplify

The Company continues to work with its sales team and distributors to place Hemplify in chain and independent stores in California. The Company began an aggressive in-store demo program to raise consumer awareness and completed 18 such events in June. These events were held mainly at key accounts including Sprouts Eastlake, Bristol Farms, Lazy Acres, Erewhon, as well as at certain convenience stores and on-premises accounts. The Company expects to continue conducting intensive demo programs at select retail customer locations throughout the summer.

Sales Team

The Company has hired a full-time Territory Manager to accelerate placement of the company’s products in mainstream stores, dispensaries and online. The initial focus will be on Hemplify and the new CBD squeeze supplement, followed by the Tinley ’27 and Tinley Cocktails THC products. Critical Mass, the Company’s outsourced sales organization, has also added a convenience store specialist and will focus a portion of time on expanding Hemplify’s distribution in that channel.

Tinley ’27

As previously announced, the Company sold an initial batch of its Tinley ’27 and Tinley Cocktails cannabis drinks at the Cannabis Cup in San Bernardino, CA on the April “420” weekend. The Company also provided samples to new members of the Tinley Collective at this event. The company is currently pursuing a similar process as it did following Hemplify’s initial event sales, with a current focus on improving stability, and scaling for production. As with Hemplify’s initial launch, the Company plans to produce a series of development batches of increasing size of its THC products as part of its progression towards larger-scaled, shelf-stable production, at which point it would be ready for general sale.

Territorial Expansion

As previously announced, the Company intends to expand to other jurisdictions via its turnkey solution where drinkable cannabis products are permitted. Priority territories include Nevada, Washington, Oregon, Colorado, and Canada. The Company has engaged in discussions with prospective partners in these territories and intends to work to consummate such partnerships upon achieving further scale in California. In the case of Canada, such partnerships would require additional clarity surrounding the legality of drinkable and squeeze cannabis and CBD products. The Company’s long-term core focus will remain in California, as California’s current medical system represented approximately 40% of North American cannabis sales in 2016 (nearly double any other single jurisdiction) and is expected to further increase when legal adult (“recreational”) use becomes permitted on January 1, 2018.

California Adult Use Cannabis Permit The Company has begun work with an advisor in California on site selection for a bottling facility that the Company would seek to have permitted for adult (“recreational”) cannabis use under the recently-passed MAUCRSA. This would enable the Company to expand sales of its products beyond the California medical market. The Company is working to complete a review of potential sites in the coming weeks followed by submission of local and state permit applications.

This facility would house a permanent bottling line. The Company would use this line for both Tinley’s products as well as to generate co-packing and distribution service revenue from third-party cannabis beverage companies. In the meantime, the Company will continue to operate the Tinley Collective, which enables the Company to sell cannabis products throughout California’s US$2.7 billion medical cannabis system.

“Tinley continues to make progress against its business plan, and our growing line-up of CBD and THC products will reinforce recognition of the Company’s brands across the premium grocery and dispensary channels as mainstream users begin frequenting dispensaries under the new California rules on January 1, 2018,” said Jeff Maser, CEO of Tinley.

Hemplify and the Tinley squeeze supplement are currently available for purchase online at www.tinleycollective.com. For wholesale or distribution enquiries, please contact the Company at info@drinktinley.com.

Enforcer Gold Corp (“Enforcer” or the “Company”) (TSX-V: VEIN; FSE: N071) is pleased to report on the commencement of diamond drilling at the ​Montalembert ​Gold Project. ​Enforcer has contracted Orbit Garant Drilling Inc. of Val d’Or Quebec and has budgeted for 5,000 to 8,000 m of drilling in 2017.

President & CEO, Steve Roebuck, comments​:

“We are very excited to get drilling on the Galena and No. 2 veins and test the continuity and grade of the mineralized structures at depth. This will be the first ever large-diameter core drilling on the veins, which from our experience will be key to assessing their potential. The Galena and No. 2 veins are currently the most advanced drill targets on the property, but there are several other high-priority targets that we will be advancing to drill-ready stage in the coming months.”

The drilling program will initially target the veins at ~25-50 m centres and to a vertical depth of ~200 m. The program will utilize HQ-sized coring equipment with a core diameter of 63.5 mm or 2.5 in, allowing for a much larger sample size and visual representation of the geology and mineralization. Limited drilling in 1950 used either EX or AX sized coring equipment with a core diameter of only 22-30 mm.

VANADIUM LEADER PATRICK D. O’BRIEN JOINS VANADIUM ONE ENERGY BOARD

Vanadium One Energy Corp. has appointed Patrick D. O’Brien, ICDD, MIoD, to its board of directors.

Mr. O’Brien is a widely recognized and respected leader in the Canadian junior mining sector and one of the few experts in the world knowledgeable in the area of the Company’s claims regarding vanadium. Currently Mr. O’Brien is CEO and Chairperson of Junior Mining Incorporated, Executive Editor/Chairperson juniormining.com, CEO/Founder of RockStar Capital Corporation, and CEO/Chairperson of Paymaster Mining Corporation. Mr. O’Brien is a Certified Corporate Director (ICD.D designation) and Member of the Institute of Corporate Directors; and a full member of the Institute of Directors (MIoD designation), Pall Mall, England.

Mr. O’Brien has more than 25 years of Senior Corporate Management and Board of Directors experience having served as Chairperson, and Committee Chair. Patrick championed the successful roll-out of two IPOs on the TSX Venture Exchange. For one, he achieved and maintained Tier 1 Status for more than 21 years, had it appointed to the inaugural junior market index, and qualified it for trading on the United States OTCQX platform.

Mr. O’Brien, served 21 years as the CEO of what is currently known as VanadiumCorp Resource Inc., and during his tenure acquired a substantial 865 sq. km. mineral claim/permit assemblage in the heart of the Raglan Nickel-Copper-PGM camp in northern Quebec. His ambitious activities in the area led to an extensive staking rush, tens of millions of dollars of exploration in the region, and a new nickel mine being opened and acquired by a Chinese conglomerate for several hundred million dollars. Under Mr. O’Brien, VRB was able to sell to the Chinese and shift its sights onto Chibougamau, Quebec.

Following the Raglan camp sale, Mr. O’Brien continued as CEO/Chairperson of VanadiumCorp, and solidly established his presence within the Canadian Vanadium industry with the surprise staking of more than 800 sq. kms of key mineral claims in the heart of the Chibougamau, Quebec gold-copper mining camp. Like the Raglan, with Mr. O’Brien and VRB’s presence, the Chibougamau camp came alive and again a staking rush ensued. Pat’s ambitious early staking program in Chibougamau led to VanadiumCorp owning many coveted exploration assets of merit.

Mr. O’Brien then followed up the Chibougamau acquisitions with what many thought was impossible. His research led him to conclude that for some reason, perhaps error, the highly coveted “21 K-claims” as they are known, hosting what is recognized as the world-renown Lac Dore Vanadium Deposit, were about to come open. The Lac Dore was discovered by the Quebec government and was a crown asset for approximately 50 years. Mr. O’Brien successfully led the company to gain VanadiumCorp’s title to the Lac Dore claims. Mr. O’Brien is also the person who negotiated and concluded the acquisition of the Quebec based Iron-T Vanadium deposit, and controlled the large staking campaign to extend the Iron-T.

In 2009, Mr. O’Brien requested that his lead geologist, who had also spearheaded the ground staking of the Lac Dore and Lac Dore North in 2007 for VanadiumCorp, proceed to research and scope out the nearby Mont Sorcier deposit. At the recommendation of the geologist, VanadiumCorp proceeded to stake a significant portion of the 270 million tonne Mont Sorcier Vanadium-Iron Deposit. The entire Mont Sorcier deposit is now a key asset of Vanadium One Energy Corp. and lies next to the VandiumCorp deposit. As a result of his earlier due diligence, Mr. O’Brien has extensive knowledge of the Company’s Mont Sorcier Vanadium Project and considers it a valuable asset.

John Priestner, CEO of Vanadium One Energy commented, “We welcome Pat O’Brien to the board. Pat is well recognized as a leader in the Vanadium community and we look forward to drawing on his expertise as the Company moves towards securing an offtake agreement in the vanadium battery space.”

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