News Release
Largo Physical Vanadium CEO Discusses Growth and Vision for the Future in Proactive Interview
Largo Physical Vanadium Corp.
Largo Physical Vanadium CEO Paul Vollant discussed the company's growth and future plans in an interview with Steve Darling from Proactive. Largo Physical Vanadium (LPV) was established 18 months ago and has achieved significant milestones during that time. They have raised $30 million CAD, completed a reverse takeover, and listed on the Toronto Stock Exchange with VAND and OTCQX with the ticker VANAF. Vollant explained that LPV is a physical holding company focused on purchasing and storing vanadium, a critical metal projected to experience a 173% increase in demand by 2050. Vanadium is primarily used in steel production and vanadium redox flow batteries (VRFBs). LPV aims to connect investors with the vanadium market and plans to deploy units into VRFBs, with a particular focus on emerging markets like the Asia-Pacific region. LPV's innovative model involves listing vanadium units to VRFB companies, providing investors with yield while reducing costs. The company has ambitious plans for expansion and market penetration, especially in the Asia-Pacific region, where VRFB adoption is on the rise. As LPV looks ahead to 2024, Vollant expressed excitement about deploying their first units into vanadium redox flow batteries and expanding into new markets, positioning the company for growth and success in the years to come. Contact Details Proactive Canada Proactive Canada +1 604-688-8158 action@proactiveinvestors.com
February 12, 2024 08:53 AM Eastern Standard Time
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News Release
Evergold CEO Kevin Keough Discusses Promising Results and Recognition at Roundup Conference
Evergold Corp
Evergold Corp's CEO, Kevin Keough, recently engaged in a conversation with Steve Darling from Proactive to share some exhilarating updates from the company. Evergold has announced its initiation of geophysical work on their British Columbia DEM property, a move spurred by the promising drilling results they've recently obtained. The company's decision to expand its exploration efforts beyond the initial target zone hints at the potential presence of Porphyry systems in the vicinity. During the interview, Keough underscored the significance of technical conferences like Roundup, which provided a valuable platform for their project to receive special recognition from government geologists in British Columbia. While these accolades may not have had an immediate impact on the short-term market, they've certainly thrust Evergold's property into the spotlight due to its exceptional high-grade and diverse mineral intercepts. A key ongoing initiative for Evergold is the airborne magnetic survey, which is on the verge of completion. This survey is poised to play a crucial role in refining their drilling target definition, setting the stage for more precise and productive drilling activities. Keough expressed optimism regarding the forthcoming results, stating that they are anticipated either by the end of the current week or early next week. In closing, the interview acknowledged the exciting developments within Evergold Corp and affirmed the company's commitment to closely monitoring its progress, signifying a strong sense of dedication to the pursuit of further successes in the field of mineral exploration. Contact Details Proactive Canada Proactive Canada +1 604-688-8158 action@proactiveinvestors.com
February 12, 2024 08:49 AM Eastern Standard Time
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News Release
U.S. Gold Corp Chairman Luke Norman discusses CK Gold Project's promising prospects in Wyoming
US Gold Corp
U.S. Gold Chairman Luke Norman joined Steve Darling from Proactive to discuss the company's CK Gold Project in Wyoming, emphasizing its strategic significance amid evolving market dynamics. With a focus on gold and copper, the project stands to benefit from increasing demand for critical minerals, especially in green energy technology. Norman highlighted the project's substantial economic potential, underscored by rising metal prices and promising mineral reserves. Environmental impact studies have been completed, positioning the project for advanced permitting stages. Notably, the CK Goldmine's positive local economic impact and potential for post-production water storage further enhance its value proposition. Looking ahead to 2024, Norman anticipates significant progress, emphasizing the project's pivotal role in U.S. Gold Corp's growth trajectory. US Gold Corp is a U.S.-focused gold exploration and development company advancing high-potential projects in Wyoming, Nevada and Idaho. The company's projects include the CK Gold Project in Southeast Wyoming, the district-scale Keystone Project on the Cortez and Carlin Trends in Nevada and the Challis Gold Project in Idaho Contact Details Proactive Canada +1 604-688-8158 action@proactiveinvestors.com
February 12, 2024 08:44 AM Eastern Standard Time
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Sonoro Gold Corp announce raise as company look to accelerate drilling at Cerro Caliche
Sonoro Gold Corp
Sonoro Gold Corp CEO Kenneth MacLeod joined Steve Darling from Proactive to discuss the company conducting a private placement with the aim of raising up to 1,000,000 dollars. The funds raised through this offering will be used to support the ongoing development of the company's Cerro Caliche gold project in Sonora, Mexico. MacLeod explained that the company is accelerating its drilling efforts at Cerro Caliche to make the most of the time available before the project receives approval for its Environmental Impact Statement. The upcoming drilling campaign is designed for expansion and will initially focus on the western mineralized zones where the company plans to commence mining operations. Additionally, the drilling campaign will target the northern mineralized zones to potentially increase and upgrade the resource and the central mineralized zones to potentially increase the pit shell resource and reduce the strip ratio. This proactive approach aims to further advance the Cerro Caliche project and unlock its full potential. Contact Details Proactive Canada Proactive Canada +1 604-688-8158 action@proactiveinvestors.com
February 12, 2024 08:26 AM Eastern Standard Time
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News Release
Building on success of first marketing campaign, 1606 Corp launches second one with Cannasite
1606 Corp.
1606 Corp CEO Greg Lambrect discussed the company's innovative marketing campaign in collaboration with its ISO partner, Cannasite, in an interview with Steve Darling from Proactive. The campaign is designed to engage Cannasite's extensive network of over 300 clients through targeted outreach, including email and calls. Following the success of their December marketing initiative for ChatCBDW with Cool Blue Distribution, Lambrect emphasized that the new campaign with Cannasite comes with higher expectations. The primary goal of the campaign is to expand the reach within the online brand community and solidify ChatCBDW's position as a pivotal tool in revolutionizing customer service and sales processes. Cannasite, a leading provider of web design and digital marketing services in the cannabis industry, has a strong client base and significant industry connections. Their partnership with 1606 Corp aims to revolutionize the AI merchandising landscape in the cannabis sector. Contact Details Proactive Canada Proactive Canada +1 604-688-8158 action@proactiveinvestors.com
February 12, 2024 08:22 AM Eastern Standard Time
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News Release
Poolbeg Pharma says research confirms $10B plus opportunity for POLB 001 in cancer immunotherapies
Poolbeg Pharma PLC
Poolbeg Pharma Plc chief business officer David Allmond joined Proactive's Stephen Gunnion with details of independent research that confirms the massive market potential for Poolbeg's POLP 001 in cancer immunotherapies. This asset is being explored for its ability to potentially prevent or treat cytokine release syndrome (CRS), a significant side effect of cancer immunotherapies. With the cancer immunotherapy market expected to reach $140 billion by 2030, POLB 001 presents an over $10 billion opportunity if successful. Additionally, Allmond elaborated on Poolbeg's increasing emphasis on rare and orphan diseases, leveraging its ongoing programs in influenza with POLB 001, obesity, metabolic conditions, and AI-driven discovery for novel targets. The company is actively considering strategies to acquire near-stage commercial or in-market products in this high unmet need, limited competition sector. This approach aligns with Poolbeg's evolution towards a commercial-stage organization, aiming to generate revenue and continue its growth trajectory. Furthermore, Allmond explained how POLB 001 fits into the rare orphan disease space, given its potential applications in orphan cancers where immunotherapies have shown success. Poolbeg's strategic pivot towards rare and orphan diseases complements its existing portfolio, aiming for a dual-track growth strategy focusing on both its current programs and commercial opportunities in the rare and orphan disease market. Contact Details Proactive UK Ltd +44 20 7989 0813 uk@proactiveinvestors.com
February 12, 2024 08:03 AM Eastern Standard Time
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Touchstone Exploration says drilling results at Cascadura-2 well represent a great start to 2024
Touchstone Exploration Inc
Touchstone Exploration CEO Paul Baay shared an optimistic update about the company's recent activities, particularly highlighting the positive results from the drilling at the Cascadura-2 well and broader operational advancements. The well, initially aimed to reach 8,300 feet, was concluded at 7,132 feet due to encountering thick gas-charged sands earlier than expected. This outcome aligns with the company's strategy and signifies the commencement of a new growth phase, leveraging the infrastructure such as facilities and pipelines they have developed over the past years. Baay said the significance of these results lies not just in the immediate production potential but also in the confirmation of gas presence east of the original discovery, indicating an extended area for further exploration and development. This finding is pivotal for Touchstone's growth, suggesting a promising future with more wells planned for development between the newfound points and further explorations to the east and north. In addition to the Cascadura-2 well, Baay mentioned efforts to optimize production at existing sites, including the Cascadura-1 and CO-1 blocks. These optimizations involve perforating additional sections in wells to enhance production rates, a process they are carefully managing to ensure stable and reliable data before public reporting. This approach of cautious optimization and strategic drilling, including moving rigs to new locations for further exploration, points towards a holistic strategy aimed at maximizing resource extraction efficiently and sustainably. Contact Details Proactive UK Ltd +44 20 7989 0813 uk@proactiveinvestors.com
February 12, 2024 07:58 AM Eastern Standard Time
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HANetf says Royal Mint Responsibly Sourced Physical Gold ETC now comprises over 50% recycled metal
HANetf Holdings Limited
HANetf head of research Tom Bailey tells Proactive's Stephen Gunnion the Royal Mint Responsibly Sourced Physical Gold ETC (exchange-traded commodity) has achieved a notable milestone in eco-friendly investment. Over 50% of the gold backing the ETC is now sourced from 100% recycled materials. Bailey said this was the first gold ETC to incorporate recycled gold, appealing significantly to investors keen on sustainability and concerned about the environmental impact of gold mining. The introduction of recycled gold into the fund is a response to the growing demand for environmentally responsible investment options, as recycled gold is approximately 90% less carbon-intensive compared to mined gold. The shift not only addresses the environmental concerns associated with gold mining's significant carbon footprint but also aligns with broader industry trends towards sustainability, evidenced by companies like Apple and Pandora transitioning towards the use of recycled gold. The move has been positively received, with the ETC experiencing strong asset under management (AUM) growth, indicating a clear preference among investors for more sustainable investment vehicles. Bailey also discussed gold's appeal as a hedge against inflation and volatility in a diversified portfolio. Contact Details Proactive UK Ltd +44 20 7989 0813 uk@proactiveinvestors.com
February 12, 2024 07:55 AM Eastern Standard Time
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News Release
Premier African Minerals says new MRE supports potential for Zulu lithium project in Zimbabwe
Premier African Minerals Ltd
Premier African Minerals Ltd (AIM:PREM, OTC:PRMMF) chief executive George Roach joined Proactive's Stephen Gunnion with details of a new mineral resources estimate (MRE) for the company's Zulu lithium and tantalum project in Zimbabwe. Roach explained that the fresh estimate focuses solely on the zones currently being mined, excluding extension areas within their extensive prospecting order. He expressed optimism about the potential for future expansion and the ongoing exploration efforts aimed at both deepening and elevating the resource into the indicated category. Currently, the project boasts significant reserves, with 170,000 tonnes of lithium and over 1,000 tonnes of tantalum, underscoring the standalone potential of the Zulu project and its lithium sulphate plant. The company is concentrating on spodumene concentrate production, a valuable lithium source, with an estimated recovery of 1.7 to 1.8 million tonnes from its deposits. This volume significantly exceeds the plant's current processing capacity, suggesting a robust future for the project. Looking ahead, Premier African Minerals is focused on producing high-grade spodumene to command premium pricing in the market. The project also harbors potential for extracting other valuable minerals like tantalum, high-purity quartz, and feldspar, laying the groundwork for a multifaceted expansion strategy. Contact Details Proactive UK Ltd Proactive UK Ltd +44 20 7989 0813 uk@proactiveinvestors.com
February 12, 2024 07:52 AM Eastern Standard Time
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