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Showing posts with label Press Release. Show all posts
Showing posts with label Press Release. Show all posts

WallStreetSignals News - International Land Alliance Provides Update on Valle Divino Development


Construction of a Model home, 3casitas and clubhouse with CleanSpark Inc.’s sustainable microgrid power solutions to break ground in Q4 2021

International Land Alliance, Inc. (OTCQB: ILAL), (“ILA” or the “Company”), an international land investment and development firm today provided an update on its Valle Divino development project, an eco-friendly development in Ensenada, Baja California, roughly 50 miles south of San Diego, including the planned construction start of a 2BR/2BA model home, three casitas, and clubhouse for wine tasting, all powered by a CleanSpark Inc. microgrid solution, within the next 60 days.

The Valle Divino community is part of a master-planned residential community overlooking the internationally renowned Bajamar Ocean Front Hotel and Golf Resort. The community sits on the western edge of the Guadalupe Valley, Baja’s premier wine region with over 175 wineries. ILA recently expanded its vineyard to a total of 2 acres with 14 different grapes including Malbec, Cabernet Sauvignon, Merlot, Tempranillo, Syrah, Mourvèdre, Petit Verdot, Viognier, Nebbiolo, Pino Noir, and Zinfandel. Residential lot prices at Valle Divino start at $49,000 and the completed 1BR/1BA solar-powered homes start at $99,000 with 2BR/2BA starting at $119,000

ILA broke ground on the Valle Divino development in July 2020 and completed its first stage of construction in January 2021 and started pre-sales of residential lots. ILA has completed additional survey and engineering, as well as site preparation infrastructure for model homes in Phase I (184 homesites). CleanSpark, an energy technology company focused on solving modern energy challenges, serves as the exclusive partner for the engineering, design, development, and controls of the renewable energy solutions at the property that include a solar microgrid to provide electrical power to the development.

“We are now finishing site preparation and expect the start of construction at Valle Divino by the fourth quarter of 2021 on our first model home and three casitas, along with a clubhouse to showcase the property’s vineyard,” said Roberto Valdes, Chief Executive Officer of ILAL. “These initial home, casitas, and clubhouse will be powered by solar microgrid installations from CleanSpark, a key differentiating component for our developments in Baja California. Sustainability and off-grid solar power at an attractive price point are helping to drive strong interest in the development. With a total of 650 homesites planned in the project, we look forward to future updates for this exciting project in the months ahead and building long-term value for our shareholders.”

To speak to a sales representative and make an appointment to tour the community, contact Analo Valdes at sales@ila.company or (858) 900-8056 or visit our website https://ila.company/valle-divino-resort/

About International Land Alliance, Inc.

International Land Alliance, Inc. (OTCQB: ILAL) is an international land investment and development firm based in San Diego, California. As its’ core mission, the Company has embraced technology for sustainable and socially responsible solutions, in addition to using proptech and construction tech advanced applications to meet these goals. The Company is focused on acquiring attractive raw land primarily in Northern Baja California, often within driving distance from Southern California. The Company serves its shareholders by devoting considerable time and resources to seeking out the finest sites available and obtaining the necessary development permits to build a compelling portfolio of properties, which provide a diversity of investment and living options. Please visit: www.ila.company.

CONTACT

Investor Relations:
Brooks Hamilton
Senior Vice President
MZ Group – MZ North America
(949) 546-6326


Ionic Brands Commences Trading on the OTCQB(R) Venture Market in the United States

 

$IONC $IONKF IONIC BRANDS CORP. a multi-state, consumer-focused premium and luxury cannabis brand portfolio Company and manufacturer of innovative cannabis consumables and concentrate extract products, is pleased to announce that it has qualified for trading on the OTCQB® Venture Market (the "OTCQB") in the United States operated by the OTC Markets Group Inc. The Company's common shares commenced trading today on the OTCQB under the symbol "IONKF." The Company's common shares will continue to trade on the Canadian Securities Exchange under the symbol "IONC".

"The OTCQB offers investors increased visibility and transparency through high-quality disclosure, transparent trading, and ease of access to Company information. We are excited to generate more liquidity for our shares and enhance our presence with U.S. investors," said John Gorst, CEO of Ionic Brands.

The OTCQB is designed for early-stage and developing the US and international companies. To be eligible, companies must be current in their reporting and undergo an annual verification and management certification process. The U.S. Investors can find current financial disclosures and Real-Time level 2 quotes for the Company on www.otcmarkets.com.

About Ionic Brands Corp.

The Company is dedicated to building a regionally based multi-state consumer packaged goods company with a highly respected cannabis concentrate brand portfolio with strong roots in the premium and luxury segments of vape, concentrates, flower and consumables. The cornerstone Brand of the portfolio, IONIC, is a top concentrates brand in Washington State along with its economy brand Dabulous and has aggressively expanded throughout the Pacific Northwest of the United States. The brand is currently operating in Washington and Oregon. IONIC BRANDS' strategy is to be the leader of the highest-value segments of the cannabis market.

On behalf of IONIC BRANDS CORP.

John Gorst

Chairman & Chief Executive Officer

For more information visit www.ionicbrands.com



Lomiko Metals Inc. Launches New Bilingual Web Site to Communicate with Investors and Stakeholders on Positive PEA for La Loutre Graphite Project


Pre-tax NPV of C$314M with 28.3% IRR at US$916/t Cg; after-tax NPV of 186M with 21.5% IRR

Lomiko Metals Inc. (Lomiko) (TSX-V: LMR, OTC: LMRMF, FSE: DH8C) ("Lomiko Metals Inc or "Lomiko" or the "Corporation") is pleased to announce it has launched a new web site, http://www.lomiko.com, in French and English to communicate the positive results from the Preliminary Economic Assessment ("PEA") on its 100 percent-owned La Loutre Project in south-eastern Quebec released July 29, 2021. Ausenco Engineering Canada Inc. ("Ausenco") will complete the PEA in accordance with National Instrument 43-101 ("NI 43-101") for filing on SEDAR which will also be fully translated. Lomiko has also initiated an Environmental Baseline Study and Communication Relations Plan announced August 27, 2021, and aims to initiate a Preliminary Feasibility Study (PFS) to advance its La Loutre Project towards production as part of a development strategy while continuing its aggressive drilling programs to maximize value creation.

Highlights of the PEA (all figures are stated in Canadian dollars unless otherwise stated):

  • Long-term Weighted-Average1 Graphite Price US$916/t Cg conc. (graphitic carbon concentrate)
  • Exchange rate: C$1.00 = US$0.75
  • Pre-tax Net Present Value (NPV) (8%) of C$313.6M
  • After-tax NPV (8%) of C$185.6M
  • Pre-tax Internal Rate of Return (IRR) of 28.3%
  • After-tax IRR of 21.5%
  • Pre-tax payback period of 3.3 years
  • After-tax payback period 4.2 years
  • Initial capital ("CAPEX") of C$236.1M including mine pre-production, processing, infrastructure (roads, power line construction, co-disposal facility for mill tailings and mine waste rock, ancillary buildings, and water management)
  • Life of mine processing period ("LOM") of 14.7 years
  • Average life of mine (LOM) strip ratio (Waste Rock: Mill Feed ) of 4.04:1
  • LOM plant production of 21,874 Kilotonnes (kt=1,000 metric tonnes) of mill feed yielding 1,436 kt of graphite concentrate grading 95.0% Cg.
  • Average annual graphite concentrate production of 108 kt for the first eight years; LOM average annual production of 97.4 kt.
  • Average graphite mill head grade of 7.44% Cg for the first eight years; LOM average graphite mill head grade of 6.67% Cg.
  • Average LOM recovery of 93.5% Cg.
  • Indicated resources at the base case cut-off grade of 1.5% Cg of 23,165 kt at a 4.51% Cg grade for 1.04 Mt of graphite.
  • The inferred resource at the base case cut-off grade of 1.5% Cg of 46,821 kt at a 4.01% Cg grade for 1.9Mt of graphite.
  • Cash Cost of US$386 per tonne of graphite concentrate
  • All-in Sustaining Cost ("AISC") of US$406 per tonne of graphite concentrate

The Lomiko team is pleased to present the results of a PEA on its La Loutre Project, clearly demonstrating its potential for the Corporation to become a major North American graphite producer, with a positive after-tax Internal Rate of Return ("IRR") of 21.5% and after-tax Net Present Value ("NPV") of C$186M. The PEA supports an open-pit project with production spanning 14.7 years with robust economics at a US$916/tonne Cg sale price, with very attractive cash costs and AISC, and low CAPEX. The first eight years will target production averaging 108 kt/a payable graphite concentrate peaking at 112 kt/a in year 4.

"La Loutre has shown it has the potential to become a highly profitable graphite mine in one of the most prolific producing regions in Canada. The La Loutre PEA was produced by the Ausenco team, one of the most experienced and reputable engineering firms working on mining projects in Canada. With further drill programs, we will continue to add to and upgrade resources as we seek to move the project forward towards production," said A. Paul Gill, President, CEO, and director, Lomiko.

The Company’s goal is for La Loutre to be a cornerstone mine for its future growth in a mining-friendly jurisdiction. With a strong treasury to support its next steps, the Company plans to commence a Preliminary Feasibility Study (PFS) and Environmental Impact Studies while continuing to explore the geological potential of its La Loutre property.

"The development of Canada-USA and Canada-EU critical minerals collaboration agreements gives access for graphite products in these markets. There is a focus on projects with environmental, social, and governance (ESG) acceptability which Lomiko has also adopted. The strict criteria for the report should result in competitively priced graphite for customers in the North American and European markets. These recent agreements between Canada and the USA and Canada and Europe have identified graphite as a critical element that will be part of a new supply chain. Lomiko is ready to maximize La Loutre’s value by advancing the studies to further refine and de-risk the project," added Gill.

Lomiko looks forward to working with its partners in the MRC of Papineau region including the Lac-des-Plages and the Duhamel municipalities, as well as the surrounding First Nations communities. We will also continue to work closely with the Quebec and Federal governments to advance the La Loutre Project.

Further details are available under the July 29,2021 News Release

Qualified Person

All technical information, not pertaining to the PEA, in this news release has been reviewed and approved by Mike Petrina, P.Eng., who is a "qualified person" as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects ("NI 43-101").

About Lomiko Metals Inc.

Lomiko Metals holds a 100% interest in its La Loutre graphite development in southern Quebec. Located 180 kilometers northwest of Montreal, the property consists of one large, continuous block with 42 minerals claims totaling 2,509 hectares (25.1 km2). Lomiko also optioned The Bourier project consisting of 203 claims, for a total ground position of 10,252.20 hectares (102.52 km2) in Canada’s lithium triangle near the James Bay region of Quebec that has lithium deposits and mineralization trends.

For more information on Lomiko Metals, review the website at www.lomiko.com, contact A. Paul Gill at 604-729-5312 or email: info@lomiko.com.


Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this news release. No stock exchange, securities commission, or other regulatory authority has approved or disapproved the information contained herein.

On Behalf of the Board,

"A. Paul Gill"

Chief Executive Officer


Maptelligent, Inc. is Pleased to Announce Its New Strategic Partnership With the Award-winning Kant Consulting Group


Maptelligent, Inc. (OTC PK: MAPT) www.maptelligent.com:

Furthering its dedication to being a leader in the Indoor Mapping Intelligence for a safer and more efficient physical environment, Maptelligent, Inc. is pleased to announce its new strategic partnership with the award-winning Kant Consulting Group, a specialized consulting, and innovation services company.  

Maptelligent’s leadership is committed to bringing the latest in indoor mapping capability to its customers, providing an unparalleled digital twin solution set that uncovers actionable intelligence in your building information management data.  The strategic partnership between Maptelligent, Inc. and Kant Consulting Group will provide ongoing research and development on no-code/low code enhancements, IoT interoperability, blockchain, and augmented reality, allowing Maptelligent, Inc. customers to benefit from the latest in information technology, platform as a service, agile development, and digital twin capabilities. 

Kant Consulting Group’s understanding of innovation, its deep integration expertise, and collaborative methodology are uniquely complementary to Maptelligent, Inc.  Mr. Eric Kant of Kant Consulting Group https://www.linkedin.com/in/ekant/ says, “The partnership with Maptelligent, Inc. is positive confirmation that our unique approach, when combined with a suitable partnership, can cut the multi‐year development cycle of new capabilities down to months and days. Maptelligent, Inc. is uniquely positioned to adjust quickly to customers’ needs and provide innovative cutting-edge digital twin capability.” 

Mr. Joseph Cosio-Barron, CEO for Maptelligent, Inc., says, “The strategic partnership with the Kant Consulting Group offers us significant potential in all the markets we serve. The expertise that the Kant Consulting Group has built will bolster our growth in the specialty space of indoor mapping capabilities.”

Joe Cosio-Barron
415-990-8141


Discovery Minerals Update on Ruby Gold Mine Activities



Discovery Minerals LTD (OTC PINK: DSCR), the precious metals exploration and production company, is pleased to announce the continuation of their geological review and work program for the Ruby Gold Mine on the widely known "Mother Lode" in Northern California.


The Company has chosen to follow the recommendation of their Geological Team and combine the reopening of the previous workings while also undertaking the forward planning approach to establishing reserves by using seismic survey and drilling in combination to help pinpoint ore locations.

Here are excerpts of the Geological Report on work conducted at the RUBY in July, August 2021:

Two options are available for the future development of the Ruby gold mine: 1) a systematic exploration approach where the locations widths and gold potential of the deep lead channels and the underlying orogenic veined structures are assessed and defined through underground mapping, underground drone surveying, drilling, and geophysical exploration, and 2) to approach the mine in the traditional fashion of re-opening old exposures and conducting exploration at the underground mine faces. The first option aims to de-risk the investment, the latter carries a higher level of risk throughout the life of mine, leaves potential unquantified, and negates any concept of procuring plant and developing infrastructure to suit a defined resource. The latter also draws into question the concept of redeveloping through a new bigger, truck permissive incline or decline access portal due to uncertainty of where the best potential lies. Pre-development exploration will require a significant up-front cost, while the traditional small mine approach could feasibly advance exploration with gains from production and it is probable that the latter approach will be adopted. Preparations for the systematic exploration approach have been made, available geological and mine data have been digitized, detailed topographic data procured, and plans made for a trial seismic +/-microgravity survey. The objective of a seismic survey is to identify the base of the volcanic cover and secondly highlight where underground openings are located and test lines are planned to determine if a seismic approach would be feasible. The preferred approach would be to fast track the refurbishment of the underground access between the Ruby portal and the Lawry shaft, drill a series of inclined combined RC / diamond holes from the surface to gain seismic sounding data for the various lithologies in addition to confirming the location of the volcanic cover/basement interface, probe for deep leads and extend across the orogenic veined structures. And then follow on with a trial seismic (+/-microgravity) survey to determine if a complete 2D/3D seismic survey could significantly reduce metreage of exploration drilling whether from underground or surface required to quantify the potential of the deep lead/lode complex. To date, no advance has been made on the drilling or underground refurbishment but preparations have been made and quotes provided for conducting a trial seismic survey. No estimates have been acquired for drilling at this stage but it can be assumed based on costs elsewhere that 4 combined RC/diamond drill holes to 250m depth will probably incur an investment of approximately USD 300,000.

Consulting geologist Richard Cleath has joined the geological team on an as-required basis to ensure that the exploration program is well managed and it is proposed that day-to-day exploration activities be conducted by geologists from a contracting geological services company. Data acquisition & onsite activities Richard Cleath has acquired and processed LIDAR topographic data with 2m pixel accuracy and this topographic data has now been incorporated into the project's data set and the pre-existing data sets including road and stream courses, the locations of historical workings, etc. adjusted to fit the improved topographic control (figure 1 & 2). In addition, Richard has reviewed and compiled a series of screenshots from the Clifton conference presentation (Appendix I)which clarifies the nature of the auriferous channels in the Big Bend area and provides previously unseen information on the extent of the mining and the trace of the underground access tunnels between the Big Bend and the Lawry shaft(figure 9).In addition to data acquisition activities, Richard Cleath visited the site in early July to gain a better understanding of the project and also assist with a site review by a seismic survey contractor to assess the feasibility of conducting a seismic survey across the project area. It was then proposed that a more limited trail seismic survey should be considered to demonstrate that the seismic which would provide the information required, follow existing road access ways where line clearance would be minimized. The combination of lines should provide the information required to determine if a complete systematic 2.D seismic survey will be successful (figure 3).

Once underground access is gained it would be preferable if a 3D drone-assisted LIDAR survey be conducted to generate the best possible map of the underground workings - define where stopes have been back-filled -sample the backfill and produce a more accurate plan of the auriferous channel ways. Underground workings data Figure 9 illustrates a low-resolution image presented by Clifton of the workings and access tunnels between the Big Bend and the Lawry shaft. This also illustrates why the seismic data could be extremely useful in clarifying the layout of the mine, what has been mined, what remains unmined, and whether other channels remain to be located and tested.

Thoughts on the location of a drive-through adit portal, an aspect that Mine Planning personnel are most interested in is the consideration of where a portal could be located for vehicle access to enable the use of heavier mining equipment to work the gravel channels and the underlying lode workings. The intention should be to find the best solution for both targets but given that the lode structures are widely spaced the initial intention should be to focus on the most accessible lode structure -i.e., the Wolf Vein and southern extension of the Carson workings and advance down or parallel to one of the channels that Keewatin Engineering Inc. inferred as unmined. Optimal drilling from underground should also be taken into account in the tunnel design. The immediate question is whether the portal should be inclined upwards (self-draining) or a decline. The former would require stepping back from the currently known target areas at an increased cost. The alternative would be to aim to intersect the existing Ruby workings with a decline (i.e. self drain the initial part of the access tunnel) and subsequently work deeper along with lode structures with pumping back up to the Ruby access tunnel only. The most logical portal location for a decline would be to initiate the portal adjacent to a known channel and orogenic veined structure, and ramp laterally up into the old workings to extract backfill and/or lower grade (1/2 ounce?) channel bank deposits.

Safe Harbor: This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 27E of the Securities Act of 1934. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, the ability to obtain financing and regulatory and shareholder approval for anticipated actions.

CONTACT:

Discovery Minerals Ltd.
Russell Smith
(310) 607-8252

SOURCE: Discovery Minerals Ltd.