This release corrects the one issued yesterday by adding images.

VANCOUVER, BC / ACCESSWIRE / August 26, 2021 / CMC Metals Ltd. (TSXV:CMB)(FRA:ZM5N)(OTC PINK:CMCZF); (the "Company") announces that initial positive soil geochemical results demonstrate validation of airborne geophysical targets at its flagship Silver Hart project in Yukon.

CMC has significantly extended previous soil geochemical surveys at Silver Hart as a part of validating targets identified by its property wide airborne SkyTEM geophysical survey completed earlier this year. The airborne survey identified eight new targets areas on the property (T1 to T8, see Figure 1) and initial results of soil geochemical surveys over T1 and T4 are highly encouraging. Results in the remainder of these target areas and the six other target areas are pending.

Existing mineralization in known mineralized veins in the Main Zone occur along northeasterly structures in an area characterized with low magnetic features, moderate conductivity, and in close proximity to the geological contact between volcanics of the Cassiar Batholith with overlying meta-sedimentary sequences including limestones and schists. These polymetallic veins are known to have strike extent up to 1.35 kilometers with above average grades of silver, lead, zinc with minor copper and gold.

T1 was a target located within the KW zone in the northwestern portion of the property. Previous surveys had indicated geochemical anomalies in the northwestern corner of this zone. Current results (see figure 2) have identified a stronger anomalous area extending further to the northeast over an area of possible strike length of 400-750 meters with a width of over 200 meters depicting northeasterly trends. The silver soil anomaly is also coincident with lead and zinc soil anomalies. The anomaly remains open in all northerly directions and is associated with key setting features including low magnetism, moderate conductivity, and in close proximity to the Cassiar Batholith-sedimentary contact.

T4 was a target located within the northernmost portion of the South Zone. This zone now comprises of a significant anomalous area (see Figure 3) extending over 2.5 kilometers in possible strike length with concentrated anomalies in both the southernmost portion and now defined in the northeastern area.

The recent results show a strong anomaly of silver in soils coincident with lead and zinc soil anomalies. Like T1, the anomalies in the T4 area, and within the South Zone, are now known to be associated with low magnetism, moderate conductivity and in close proximity to the Cassiar Batholith-sedimentary contact. The current anomaly remains open to the east, north and west and is northeasterly trending.

Kevin Brewer, P.Geo. President and CEO notes, "The SkyTEM airborne geophysical survey identified several attractive drill targets new areas for us at Silver Hart and Blue Heaven in areas that prior to this field season had never been explored. Subsequently, we have completed geochemical surveys, mapping and prospecting over these areas to help further delineate the potential of these zones. With the current validation we will then evaluate those areas which merit drilling in 2022 and beyond. We are now more confident in the two targets (T1 and T4) where we have now received geochemical results as they serve to verify the validity of our property wide 3D modelling and our geophysical analysis. T1 and T4 are very prominent targets with large spatial areas that if mineralized could significantly increase the current resources of high-grade silver, lead and zinc at Silver Hart. In addition, if you compare the extent of known polymetallic veins in the Main Zone (see Figure 1) to the areas of prospectivity it is evident that there is a lot of exploration upside potential on this project and we still feel we have not yet identified all areas with potential for high grade polymetallic veins and possibly carbonate replacement style deposits."

John Bossio, Chairman notes, "We are very pleased with these preliminary results from our 2021 program. Since 2019 our overall strategy has been to implement a systematic property wide exploration effort to undertake an evaluation of the true exploration potential of Silver Hart which has never been undertaken in its 35-year history. What is giving us confidence in this project is that every survey and work effort has added value to the project and contributed significantly to our understanding of the high-grade polymetallic vein system. We feel this will aid us in identifying future drill targets outside of the identified structures in the Main Zone. We also understand that our shareholders and others are interested in receiving news on our current drilling program focussed on expanding our resources in the Main Zone. To date we have completed 13 holes and we are on target to complete Phase 1 of our planned drill efforts which will continue into 2022. We expect results soon."

The Company is continuing its efforts to seek a partner for our Bridal Veil and Terra Nova Projects in Newfoundland. As previously noted the Company is planning to undertake further exploration of these properties in October. Bridal Veil is known to host high grade copper-lead-silver +/- gold mineralization in veins and a unexplained geophysical anomaly. Only a small portion of the property to date has been explored. Bridal Veil is located in central Newfoundland in the Gander Zone, approximately 20 kilometers east of the Newfound Gold Queensway Gold discovery, 10 kilometers east of Gander and is transected by the Trans Canada Highway and the Trans Canada trail system. Terra Nova is also located in Central Newfoundland near the community of Terra Nova. At this property high grades of silver-copper-gold and tungsten have been identified in several showings in an alteration area of 12 square kilometers.

Kevin Brewer, President and CEO notes, "I am personally looking forward to finally getting to examine these promising properties in Newfoundland in October so that we can develop an exploration strategy for 2022. These two properties comprise a total of 197 claims and include several high-grade mineral occurrences. They are polymetallic in nature with both good base and precious metal content from outcrop samples over large areas of alteration. Bridal Veil is of possible orogenic origin and Terra Nova is thought to have the potential to host mesothermal gold -polymetallic deposits. We are glad to have a solid position in one of the best jurisdictions to be operating in the world – Newfoundland – and on a personal note as a Newfoundlander I am looking forward to doing work in my home province."

Qualified Person

Kevin Brewer, a registered professional geoscientist in BC, Yukon and Newfoundland, is the Company's President and CEO, and Qualified Person (as defined by National Instrument 43-101). He has approved the technical information reported herein. The Company is committed to meeting the highest standards of integrity, transparency and consistency in reporting technical content, including geological reporting, geophysical investigations, environmental and baseline studies, engineering studies, metallurgical testing, assaying and all other technical data.

About CMC Metals Ltd.

CMC Metals Ltd. is a growth stage exploration company focused on opportunities for silver in Yukon and British Columbia and polymetallic deposits in Yukon and Newfoundland. Our silver-lead-zinc prospects include the Silver Hart Deposit and Blue Heaven claims (the "Silver Hart Project") and the recently acquired Rancheria South, Amy and Silverknife claims (the "Rancheria South Project"). Our polymetallic projects with potential for copper-silver-gold and other metals include Logjam (Yukon), Bridal Veil and Terra Nova (both in Newfoundland).

On behalf of the Board:

"John Bossio"

John Bossio, Chairman
CMC METALS LTD.

For further information concerning the CMC Metals Ltd., or its exploration projects, please contact:

Investor Inquiries:
Kevin Brewer, P. Geo., MBA, B.Sc Hons, Dip. Eng
President, CEO and Director
Tel: (604) 670 0019
kbrewer80@hotmail.com
Office:
Suite 110-175 Victory Ship Way
North Vancouver, BC
V7L 0B2

To be added to CMC's news distribution list, please send an email to info@cmcmetals.ca or contact Mr. Kevin Brewer.

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.

"This news release may contain certain statements that constitute "forward-looking information" within the meaning of applicable securities law, including without limitation, statements that address the timing and content of upcoming work programs, geological interpretations, receipt of property titles and exploitation activities and developments. In this release disclosure regarding the potential to undertake future exploration work comprise forward looking statements. Forward-looking statements address future events and conditions and are necessarily based upon a number of estimates and assumptions. While such estimates and assumptions are considered reasonable by the management of the Company, they are inherently subject to significant business, economic, competitive and regulatory uncertainties and risks, including the ability of the Company to raise the funds necessary to fund its projects, to carry out the work and, accordingly, may not occur as described herein or at all. Actual results may differ materially from those currently anticipated in such statements. Factors that could cause actual results to differ materially from those in forward looking statements include market prices, exploitation and exploration successes, the timing and receipt of government and regulatory approvals, the impact of the constantly evolving COVID-19 pandemic crisis and continued availability of capital and financing and general economic, market or business conditions. Readers are referred to the Company's filings with the Canadian securities regulators for information on these and other risk factors, available at www.sedar.com. Investors are cautioned that forward-looking statements are not guarantees of future performance or events and, accordingly are cautioned not to put undue reliance on forward-looking statements due to the inherent uncertainty of such statements. The forward-looking statements included in this news 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 expressly required by applicable securities legislation."

SOURCE: CMC Metals Ltd.

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Trading Symbol
TSX: SVM
NYSE American: SVM

VANCOUVER, BC, Aug. 26, 2021 /CNW/ – Silvercorp Metals Inc. ("Silvercorp" or the "Company") (TSX: SVM) (NYSE American: SVM) is pleased to report the results of an updated National Instrument 43-101 ("NI 43-101") Technical Report entitled "NI 43-101 Technical Report Update on the Gaocheng Ag-Zn-Pb Project in Guangdong Province, People's Republic of China" with an effective date of March 31, 2021 (Mineral Resources and Mineral Reserves effective December 31, 2020), prepared by AMC Mining Consultants (Canada) Ltd. ("AMC") (the "GC NI 43-101 Technical Report").

Five of the six authors of the GC NI 43-101 Technical Report qualify as independent Qualified Persons, two of whom visited the GC Mine in January 2018 and examined all aspects of the project, including drill core, underground workings, processing plant, and surface infrastructure. The non-independent author, who is a Silvercorp employee, has visited the site on numerous occasions, with the last two visits from 25 to 30 October 2019 and from 13 to 28 May 2021. The GC NI 43-101 Technical Report will be made available for review on the Company's SEDAR profile and website at www.silvercorp.ca in due course.

Highlights of the GC NI 43-101 Technical Report

From the start of operations at the GC Mine in 2014 through to December 31, 2020, 1,853,662 tonnes have been mined at average head grades of 94 grams per tonne ("g/t") silver ("Ag"), 1.6% lead ("Pb"), and 2.9% zinc ("Zn").

Despite this mine production depletion, there has been an 8% increase in tonnes of combined Proven and Probable Reserves (39% increase in Proven Reserves and 21% decrease in Probable Reserves) compared to the Mineral Reserve estimate in the previous Technical Report on the GC Mine with an effective date of June 30, 2019 (the "2019 Technical Report").

Based on only Proven and Probable Reserves, the GC Mine has a projected life of mine ("LOM") of 13 years through to 2034, at an average annual production rate of approximately 310,000 tonnes, and with average silver equivalent ("AgEq")[1] grades of approximately 309 g/t. The GC Mine has the potential to extend the LOM beyond 2034, via the conversion of existing Mineral Resources to Mineral Reserves, and further exploration and development.

Compared to the Mineral Resources estimate in the 2019 Technical Report, the Measured tonnes have increased by 57% due to the discovery of new veins, new vein interpretations and the conversion of Indicated tonnes (which decreased by 17%) to the Measured Resource classification. Inferred tonnes have also increased by 17%.

The results of the underground drilling program at the GC Mine show that vein structures are still open at depth.

2021 Mineral Reserve and Mineral Resource Update

Silvercorp completed its first phase of diamond drilling at the GC Mine in 2008 and has continued through to the present. The 2019 Technical Report Mineral Resource and Mineral Reserve estimates on the GC Mine were as of December 31, 2018. All Silvercorp drilling has been completed with NQ-sized core. Drillhole collars were surveyed using a total station and downhole surveys were completed every 50 m downhole. Core recoveries varied between 35.66% and 100%, averaging 99.36%.

Mineral Reserves

The Mineral Reserve estimates for the GC Mine were prepared by Silvercorp under the guidance of an independent Qualified Person ("QP"), Mr. H. A. Smith, P.Eng., of AMC, who takes QP responsibility for those estimates. The assumption has been made that current stoping practices will continue to be employed at the GC Mine, namely predominantly shrinkage stoping (69% of projected LOM), combined with some cut and fill resuing (31% of projected LOM), using hand-held drills and hand-mucking within stopes, and loading to mine cars by rocker-shovel or by hand. Minimum mining widths of 1.0 m for shrinkage and 0.5 m for resuing are assumed.

Average dilution has been estimated at 19.8% for shrinkage and 12.4% for resuing, with an average of 17.4%. Assumed mining recovery factors are 92% for shrinkage stopes and 95% for resuing stopes.

The GC NI 43-101 Technical Report defines Mineral Reserves of 4.131 million tonnes in the combined Proven and Probable categories, grading 94 g/t Ag, 1.5% Pb, and 3.2% Zn, containing approximately 12.5 million ounces of silver, 135 million pounds of lead, and 293 million pounds of zinc. Mineral Reserve tonnes are noted to be approximately 41% of Mineral Resource (Measured plus Indicated) tonnes. Silver, lead, and zinc Mineral Reserve grades are 115%, 124%, and 115%, respectively, of the corresponding Measured plus Indicated Mineral Resource grades. Metal content conversions for silver, lead, and zinc from Measured plus Indicated Mineral Resources to Proven plus Probable Mineral Reserves are 47%, 51%, and 47%, respectively. Mineral Reserves are detailed in Table 1 below.

Table 1 GC Mine – Mineral Reserves

Mineral Reserve cut-off grade and key estimation parameters are shown in Table 2 below.

Table 2 Mineral Reserve Cut-off Grades and Key Estimation Parameters

Mineral Resources:

The Mineral Resource estimates for the GC Mine were prepared by Mr. Shoupu Xiang, Resource Geologist of Silvercorp. Ms. Dinara Nussipakynova, P.Geo., of AMC, has reviewed the methodologies and data used to prepare the Mineral Resource estimates and, after some adjustment to the Mineral Resource classification and capping, is satisfied that they comply with reasonable industry practice. Ms. Nussipakynova takes responsibility for these estimates.

Resources were estimated using a block modelling approach, with Micromine^TM software. Interpolation was carried out using inverse distance squared (ID²) for all the veins. Estimates were made for a total of 156 mineralized vein structures for the GC Mine.

The Mineral Resources are reported above a cut-off of 105 g/t AgEq. The cut-off value was based on estimated costs for mining, maintenance/admin, internal ore transport and processing. The cut-off value calculation was generated by AMC with input from Silvercorp. The equivalency formula is: AgEq=Ag g/t+50.46*Pb%+43.53*Zn%. The multiplication factors for Pb and Zn were derived from equations based on metal prices, recoveries, and payable factors.

Mineral Resources at December 31, 2020 total 10.0 million tonnes (inclusive of Mineral Reserves) in the combined Measured and Indicated categories, grading 82 g/t Ag, 1.2% Pb, and 2.8% Zn, containing approximately 26.4 million ounces of silver, 265 million pounds of lead, and 619 million pounds of zinc, and are detailed in Table 3 below.

Table 3 GC Mine – Measured & Indicated Resources (Inclusive of Mineral Reserves), and Inferred Mineral Resources

Qualified Persons and Technical Information

D. Nussipakynova, P.Geo., H. A. Smith, P.Eng., A. Riles, MAIG., A. A. Ross, P.Geo., and S. Robinson, P.Geo., MAIG. of AMC are independent Qualified Persons as defined by NI 43-101. G. Ma, P.Geo. of Silvercorp is a Qualified Person as defined by NI 43-101. All of the QPs reviewed and consented to this news release and believe it fairly and accurately represents the information in the Technical Report that supports the disclosure.

The Mineral Reserve and Mineral Resource estimates have been estimated and compiled in accordance with definitions and guidelines set out in the CIM Definition Standards (2014).

About Silvercorp

Silvercorp is a profitable Canadian mining company producing silver, lead and zinc metals in concentrates from mines in China. The Company's goal is to continuously create healthy returns to shareholders through efficient management, organic growth and the acquisition of profitable projects. Silvercorp balances profitability, social and environmental relationships, employees' wellbeing, and sustainable development. For more information, please visit our website at www.silvercorp.ca

CAUTIONARY DISCLAIMER – FORWARD-LOOKING STATEMENTS

Certain of the statements and information in this news release constitute "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995 and "forward-looking information" within the meaning of applicable Canadian provincial securities laws (collectively, "forward-looking statements"). Any statements or information that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as "expects", "is expected", "anticipates", "believes", "plans", "projects", "estimates", "assumes", "intends", "strategies", "targets", "goals", "forecasts", "objectives", "budgets", "schedules", "potential" or variations thereof or stating that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved, or the negative of any of these terms and similar expressions) are not statements of historical fact and may be forward-looking statements. Forward-looking statements relate to, among other things: the price of silver and other metals; the accuracy of mineral resource and mineral reserve estimates at the Company's material properties; the sufficiency of the Company's capital to finance the Company's operations; estimates of the Company's revenues and capital expenditures; estimated production from the Company's mines in the Ying Mining District and the GC Mine; timing of receipt of permits and regulatory approvals; availability of funds from production to finance the Company's operations; and access to and availability of funding for future construction, use of proceeds from any financing and development of the Company's properties.

Forward-looking statements are subject to a variety of known and unknown risks, uncertainties and other factors that could cause actual events or results to differ from those reflected in the forward-looking statements, including, without limitation, risks relating to: fluctuating commodity prices; calculation of resources, reserves and mineralization and precious and base metal recovery; interpretations and assumptions of mineral resource and mineral reserve estimates; exploration and development programs; feasibility and engineering reports; permits and licences; title to properties; property interests; joint venture partners; acquisition of commercially mineable mineral rights; financing; recent market events and conditions; economic factors affecting the Company; timing, estimated amount, capital and operating expenditures and economic returns of future production; integration of future acquisitions into the Company's existing operations; competition; operations and political conditions; regulatory environment in China and Canada; environmental risks; foreign exchange rate fluctuations; insurance; risks and hazards of mining operations; key personnel; conflicts of interest; dependence on management; internal control over financial reporting; and bringing actions and enforcing judgments under U.S. securities laws.

This list is not exhaustive of the factors that may affect any of the Company's forward-looking statements. Forward-looking statements are statements about the future and are inherently uncertain, and actual achievements of the Company or other future events or conditions may differ materially from those reflected in the forward-looking statements due to a variety of risks, uncertainties and other factors, including, without limitation, those referred to in the Company's Annual Information Form under the heading "Risk Factors". Although the Company has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be as anticipated, estimated, described or intended. Accordingly, readers should not place undue reliance on forward-looking statements.

The Company's forward-looking statements are based on the assumptions, beliefs, expectations and opinions of management as of the date of this news release, and other than as required by applicable securities laws, the Company does not assume any obligation to update forward-looking statements if circumstances or management's assumptions, beliefs, expectations or opinions should change, or changes in any other events affecting such statements. For the reasons set forth above, investors should not place undue reliance on forward-looking statements.

CAUTIONARY NOTE TO US INVESTORS

The disclosure in this news release and referred to herein was prepared in accordance with NI 43-101 which differs significantly from the requirements of the U.S. Securities and Exchange Commission (the "SEC"). The terms "proven mineral reserve", "probable mineral reserve", "mineral reserves", "mineral resources", "measured mineral resources", "indicated mineral resources" and "inferred mineral resources" used in this news release are in reference to the mining terms defined in the CIM Definition Standards, which definitions have been adopted by NI 43-101. Accordingly, information contained in this news release providing descriptions of our mineral deposits in accordance with NI 43-101 may not be comparable to similar information made public by other U.S. companies subject to the United States federal securities laws and the rules and regulations thereunder.

Investors are cautioned not to assume that any part or all of mineral resources will ever be converted into reserves. Pursuant to CIM Definition Standards, "Inferred mineral resources" are that part of a mineral resource for which quantity and grade or quality are estimated on the basis of limited geological evidence and sampling. Such geological evidence is sufficient to imply but not verify geological and grade or quality continuity. An inferred mineral resource has a lower level of confidence than that applying to an indicated mineral resource and must not be converted to a mineral reserve. However, it is reasonably expected that the majority of inferred mineral resources could be upgraded to indicated mineral resources with continued exploration. Under Canadian rules, estimates of inferred mineral resources may not form the basis of feasibility or pre-feasibility studies, except in rare cases. Investors are cautioned not to assume that all or any part of an inferred mineral resource is economically or legally mineable. Disclosure of "contained ounces" in a resource is permitted disclosure under Canadian regulations; however, the SEC normally only permits issuers to report mineralization that does not constitute "reserves" by SEC standards as in place tonnage and grade without reference to unit measures.

Canadian standards, including the CIM Definition Standards and NI 43-101, differ significantly from standards in the SEC Industry Guide 7. Effective February 25, 2019, the SEC adopted new mining disclosure rules under subpart 1300 of Regulation S-K of the United States Securities Act of 1933, as amended (the "SEC Modernization Rules"), with compliance required for the first fiscal year beginning on or after January 1, 2021. The SEC Modernization Rules replace the historical property disclosure requirements included in SEC Industry Guide 7. As a result of the adoption of the SEC Modernization Rules, the SEC now recognizes estimates of "Measured Mineral Resources", "Indicated Mineral Resources" and "Inferred Mineral Resources". In addition, the SEC has amended its definitions of "Proven Mineral Reserves" and "Probable Mineral Reserves" to be substantially similar to corresponding definitions under the CIM Definition Standards. During the period leading up to the compliance date of the SEC Modernization Rules, information regarding mineral resources or reserves contained or referenced in this news release may not be comparable to similar information made public by companies that report according to U.S. standards. While the SEC Modernization Rules are purported to be "substantially similar" to the CIM Definition Standards, readers are cautioned that there are differences between the SEC Modernization Rules and the CIM Definitions Standards. Accordingly, there is no assurance any mineral reserves or mineral resources that the Company may report as "proven mineral reserve", "probable mineral reserve", "mineral reserves", "mineral resources", "measured mineral resources", "indicated mineral resources" and "inferred mineral resources" under NI 43-101 would be the same had the Company prepared the reserve or resource estimates under the standards adopted under the SEC Modernization Rules.

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SOURCE Silvercorp Metals Inc

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KELOWNA, BC, Aug. 26, 2021 /CNW/ – Cantex Mine Development Corp. (TSXV: CD) (the "Company") has released an update on the work program at its 100-percent-owned 14,077 hectare North Rackla claim block in the Yukon.

Dr. Charles Fipke reports:

A group of five geologists visited the accessible newly discovered gold-copper-silver-lead-zinc showings around the high-grade Main Zone massive sulphides presently being drilled. The locations of these showings are presented on Map 1.

Anomaly G66 contains outstanding sub-cropping massive to disseminated mineralization over an area of 65 metres wide and 410 metres long as mapped by structural geologist Chris Buchanan. This north-south trending zone disappears under talus to the north and under landslide debris to the south.

Geologist Chad Ulansky collected 12 rock samples from 65 metres of width and 150 metres of strike length from the sub-cropping mineralization. These samples averaged 10.45% copper and 32 g/t silver (see release dated June 24, 2021).

This high-grade disseminated to massive mineralization is so impressive it was decided to immediately mobilize a drill to test this showing. Drilling is expected to commence today.

The technical information and results reported here have been reviewed by Mr. Chad Ulansky P.Geol., a Qualified Person under National Instrument 43-101, who is responsible for the technical content of this release.

Signed,

Charles Fipke

Charles Fipke

Chairman

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. Information set forth in this news release includes forward-looking statements under applicable securities laws. Forward-looking statements are statements that relate to future, not past, events. In this context, forward-looking statements often address expected future business and financial performance, and often contain words such as "anticipate", "believe", "plan", "estimate", "expect", and "intend", statements that an action or event "may", "might", "could", "should", or "will" be taken or occur, or other similar expressions. All statements, other than statements of historical fact, included herein are forward-looking statements. By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include, among others, risks identified in the management discussion and analysis section of the Company's interim and most recent annual financial statements or other reports and filings with Canadian securities regulators. Forward looking statements are made based on management's beliefs, estimates and opinions on the date that statements are made and the respective companies undertake no obligation to update forward-looking statements if these beliefs, estimates and opinions or other circumstances should change, except as required by applicable securities laws. Investors are cautioned against attributing undue certainty to forward-looking statements.

SOURCE Cantex Mine Development Corp.

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SAN FRANCISCO, Aug. 26, 2021 (GLOBE NEWSWIRE) — Hagens Berman urges Piedmont Lithium Inc. (NASDAQ: PLL) investors with significant losses to submit your losses now.

Class Period: Mar. 16, 2018 – July 19, 2021
Lead Plaintiff Deadline: Sept. 21, 2021
Visit: www.hbsslaw.com/investor-fraud/PLL
Contact An Attorney Now: PLL@hbsslaw.com | 844-916-0895

Piedmont Lithium Inc. (PLL) Securities Fraud Class Action:

The complaint alleges that Defendants misrepresented and concealed material information concerning Piedmont’s progress toward obtaining necessary permits and zoning variances to build a large lithium mine in Gaston County, North Carolina.

Specifically, Defendants failed to disclose that Piedmont: (1) has not, and would not, follow its stated steps or timeline to secure all proper and necessary permits, (2) did not inform relevant government authorities of its actual plans, (3) did not file proper applications with state and local authorities, and (4) did not have “strong local government support.”

On July 20, 2021, investors began to learn the truth when Reuters reported that (1) Piedmont had not even applied for the necessary mining permit or zoning variances, (2) five of the seven members of the Gaston County’s board of commissioners, who control zoning changes, say they may block or delay the project because Piedmont has not told them what levels of dust, noise and vibrations will occur, nor how water and air quality would be affected, and (3) the relationship between the company and county officials is increasingly strained.

These events sent the price of Piedmont American Depository Shares sharply lower.

Most recently, on Aug. 6, 2021, Reuters reported the Gaston County Commissioners unanimously approved a 60-day mining moratorium and said the company “cannot be trusted” to protect the health, safety, and welfare of citizens. Reuters also reported an outside adviser to the Commissioners informed them that a mine of this size was never anticipated in the development regulations.

“We’re focused on investors’ losses and proving Piedmont concealed known building permit and zoning risks posed by the Gaston County mine,” said Reed Kathrein, the Hagens Berman partner leading the investigation.

If you invested in Piedmont Lithium and have significant losses, or have knowledge that may assist the firm’s investigation, click here to discuss your legal rights with Hagens Berman.

Whistleblowers: Persons with non-public information regarding Piedmont Lithium should consider their options to help in the investigation or take advantage of the SEC Whistleblower program. Under the new program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Reed Kathrein at 844-916-0895 or email PLL@hbsslaw.com.

About Hagens Berman
Hagens Berman is a national law firm with eight offices in eight cities around the country and over eighty attorneys. The firm represents investors, whistleblowers, workers and consumers in complex litigation. More about the firm and its successes is located at hbsslaw.com. For the latest news visit our newsroom or follow us on Twitter at @classactionlaw.

Contact:
Reed Kathrein, 844-916-0895

In this article, we discuss the 15 stocks Stanley Druckenmiller is loading up on. If you want to skip our detailed analysis of these stocks, go directly to Stanley Druckenmiller is Loading Up on These 5 Stocks.

Technology stocks have offered investors explosive returns over the past few months. No other billionaire on Wall Street has benefited more from this trend than Stanley Druckenmiller, the Pennsylvania-born investor who oversees Duquesne Capital, a hedge fund with more than $3.4 billion in assets under management. Druckenmiller, who has witnessed his wealth soar by over $4.5 billion in the first eight months of this year, added many growth stocks to his portfolio between March and June, according to the latest securities filings.

Together, the 15 most valuable new additions to the Duquesne Capital portfolio at the end of the second quarter of 2021 accounted for over 11% of the portfolio. Druckenmiller has loaded up on tech companies in the software, cybersecurity, and cloud services business. However, despite this flurry of new activity, he has also maintained sizable stakes in his top holdings like Microsoft Corporation (NASDAQ: MSFT), Amazon.com, Inc. (NASDAQ: AMZN), and Alphabet Inc. (NASDAQ: GOOG), among others.

Although the total value of his holdings has decreased from $3.8 billion at the end of the first quarter this year to $3.4 billion at the end of the second quarter, Druckenmiller still has a turnover rate of 89%. Between March and June this year, the billionaire purchased 16 new stocks, made additional purchases in 10, sold out of 28 equities, and reduced holdings in 12 stocks. Over the years, the incredible success that Druckenmiller has had in the investing world is not typical of an average hedge fund manager.

The entire hedge fund industry is feeling the reverberations of the changing financial landscape. Its reputation has been tarnished in the last decade, during which its hedged returns couldn’t keep up with the unhedged returns of the market indices. On the other hand, Insider Monkey’s research was able to identify in advance a select group of hedge fund holdings that outperformed the S&P 500 ETFs by more than 124 percentage points since March 2017. Between March 2017 and July 2021 our monthly newsletter’s stock picks returned 186.1%, vs. 100.1% for the SPY. Our stock picks outperformed the market by more than 115 percentage points (see the details here). That’s why we believe hedge fund sentiment is an extremely useful indicator that investors should pay attention to. You can subscribe to our free newsletter on our homepage to receive our stories in your inbox.

Stan Druckenmiller

Our Methodology

With this context in mind, here is our list of the 15 stocks Stanley Druckenmiller is loading up on. These were ranked according to the investment portfolio of Duquesne Capital at the end of the second quarter of 2021 with the most valuable holdings occupying top positions on our list.

Only those stocks were selected that are new additions to the portfolio of the fund as compared to the filings for the first quarter of the year. The analyst ratings of each company are also discussed to provide readers with some more context for their investment decisions.

The hedge fund sentiment around each stock was gauged using the data of 873 hedge funds tracked by Insider Monkey. The number of hedge fund holders in each company are mentioned alongside other details for further clarity.

Stanley Druckenmiller is Loading Up on These Stocks

15. ACADIA Pharmaceuticals Inc. (NASDAQ: ACAD)

Number of Hedge Fund Holders: 21

ACADIA Pharmaceuticals Inc. (NASDAQ: ACAD) is a California-based biopharma firm. It is placed fifteenth on our list of 15 stocks Stanley Druckenmiller is loading up on. According to the latest filings, Duquesne Capital owned 74,400 shares in ACADIA Pharmaceuticals Inc. (NASDAQ: ACAD) at the end of June 2021 worth $1.8 million, representing 0.05% of the portfolio.

On August 5, investment advisory Cantor Fitzgerald kept an Overweight rating on ACADIA Pharmaceuticals Inc. (NASDAQ: ACAD) stock and lowered the price target to $27 from $33. Charles Duncan, an analyst at the firm, issued the ratings update.

At the end of the second quarter of 2021, 21 hedge funds in the database of Insider Monkey held stakes worth $1.3 billion in ACADIA Pharmaceuticals Inc. (NASDAQ: ACAD), down from 33 in the previous quarter worth $1.4 billion.

Just like Microsoft Corporation (NASDAQ: MSFT), Amazon.com, Inc. (NASDAQ: AMZN), and Alphabet Inc. (NASDAQ: GOOG), ACADIA Pharmaceuticals Inc. (NASDAQ: ACAD) is one of the top stock picks of Stanley Druckenmiller.

In its Q1 2021 investor letter, Alger, an asset management firm, highlighted a few stocks and ACADIA Pharmaceuticals Inc. (NASDAQ: ACAD) was one of them. Here is what the fund said:

14. SentinelOne, Inc. (NYSE: S)

Number of Hedge Fund Holders: 67

SentinelOne, Inc. (NYSE: S) is ranked fourteenth on our list of 15 stocks Stanley Druckenmiller is loading up on. The company provides cybersecurity solutions and is headquartered in California. Regulatory filings show that Duquesne Capital owned 100,000 shares in SentinelOne, Inc. (NYSE: S) worth $4.2 million at the end of the second quarter of 2021, representing 0.12% of the portfolio.

On July 26, investment advisory Cowen initiated coverage of SentinelOne, Inc. (NYSE: S) stock with an Outperform rating and a price target of $60, noting that the platform marketed by the firm was becoming a major shield against network attacks.

At the end of the second quarter of 2021, 67 hedge funds in the database of Insider Monkey held stakes worth $2 billion in SentinelOne, Inc. (NYSE: S).

13. DISH Network Corporation (NASDAQ: DISH)

Number of Hedge Fund Holders: 51

DISH Network Corporation (NASDAQ: DISH) is placed thirteenth on our list of 15 stocks Stanley Druckenmiller is loading up on. The company markets cable and TV-related services and is based in Colorado. Latest data shows that Duquesne Capital owned 112,400 shares in DISH Network Corporation (NASDAQ: DISH) at the end of June 2021 worth $4.6 million, representing 0.13% of the portfolio.

On August 12, investment advisory Deutsche Bank maintained a Buy rating on DISH Network Corporation (NASDAQ: DISH) stock and raised the price target to $77 from $68, noting that the company was making “tangible progress” on the network buildout.

At the end of the second quarter of 2021, 51 hedge funds in the database of Insider Monkey held stakes worth $2.5 billion in DISH Network Corporation (NASDAQ: DISH), the same as in the previous quarter worth $2.2 billion.

In addition to Microsoft Corporation (NASDAQ: MSFT), Amazon.com, Inc. (NASDAQ: AMZN), and Alphabet Inc. (NASDAQ: GOOG), DISH Network Corporation (NASDAQ: DISH) is one of the top stock picks of Stanley Druckenmiller.

In its Q2 2021 investor letter, ClearBridge Investments, an asset management firm, highlighted a few stocks and DISH Network Corporation (NASDAQ: DISH) was one of them. Here is what the fund said:

12. OneMain Holdings, Inc. (NYSE: OMF)

Number of Hedge Fund Holders: 41

OneMain Holdings, Inc. (NYSE: OMF) is an Indiana-based financial services holding company. It is ranked twelfth on our list of 15 stocks Stanley Druckenmiller is loading up on. This is the first time the fund has bought a stake in the company. Securities filings reveal that Duquesne Capital owned 83,750 shares in OneMain Holdings, Inc. (NYSE: OMF) at the end of the second quarter of 2021 worth $5 million, representing 0.14% of the portfolio.

On July 28, investment advisory Citi maintained a Buy rating on OneMain Holdings, Inc. (NYSE: OMF) stock and raised the price target to $71 from $64, noting that the guidance numbers were positive on loan growth by the end of the year.

At the end of the second quarter of 2021, 41 hedge funds in the database of Insider Monkey held stakes worth $994 million in OneMain Holdings, Inc. (NYSE: OMF), down from 43 in the previous quarter worth $886 million.

In its Q4 2020 investor letter, Miller Value Partners, an asset management firm, highlighted a few stocks and OneMain Holdings, Inc. (NYSE: OMF) was one of them. Here is what the fund said:

11. The Mosaic Company (NYSE: MOS)

Number of Hedge Fund Holders: 43

The Mosaic Company (NYSE: MOS) is a Florida-based firm that markets fertilizers and agricultural chemicals. It is placed eleventh on our list of 15 stocks Stanley Druckenmiller is loading up on. According to the 13F filings, Duquesne Capital owned 162,000 shares in The Mosaic Company (NYSE: MOS) at the end of June 2021 worth $5.1 million, representing 0.14% of the portfolio.

On August 20, investment advisory HSBC upgraded The Mosaic Company (NYSE: MOS) stock to Buy from Hold and raised the price target to $39 from $37, underlining that stronger fertilizer prices were here to stay.

At the end of the second quarter of 2021, 43 hedge funds in the database of Insider Monkey held stakes worth $808 million in The Mosaic Company (NYSE: MOS), up from 38 in the preceding quarter worth $944 million.

Along with Microsoft Corporation (NASDAQ: MSFT), Amazon.com, Inc. (NASDAQ: AMZN), and Alphabet Inc. (NASDAQ: GOOG), The Mosaic Company (NYSE: MOS) is one of the top stock picks of Stanley Druckenmiller.

In its Q1 2021 investor letter, Appleseed Fund, an asset management firm, highlighted a few stocks and The Mosaic Company (NYSE: MOS) was one of them. Here is what the fund said:

10. Roblox Corporation (NYSE: RBLX)

Number of Hedge Fund Holders: 49

Roblox Corporation (NYSE: RBLX) is ranked tenth on our list of 15 stocks Stanley Druckenmiller is loading up on. The firm owns and runs an online entertainment platform and is based in California. According to the latest filings, Duquesne Capital owned 59,575 shares in Roblox Corporation (NYSE: RBLX) at the end of the second quarter of 2021 worth $5.3 million, representing 0.15% of the portfolio.

On August 18, investment advisory Morgan Stanley maintained an Overweight rating on Roblox Corporation (NYSE: RBLX) stock and raised the price target to $88 from $87, citing four different reasons to stay bullish on the firm in note to investors.

At the end of the second quarter of 2021, 49 hedge funds in the database of Insider Monkey held stakes worth $4.9 billion in Roblox Corporation (NYSE: RBLX), up from 46 in the previous quarter worth $3.3 billion.

In its Q2 2021 investor letter, Guardian Fund, an asset management firm, highlighted a few stocks and Roblox Corporation (NYSE: RBLX) was one of them. Here is what the fund said:

9. CF Industries Holdings, Inc. (NYSE: CF)

Number of Hedge Fund Holders: 47

CF Industries Holdings, Inc. (NYSE: CF) is placed ninth on our list of 15 stocks Stanley Druckenmiller is loading up on. The firm is based in Illinois and markets hydrogen and nitrogen products. Regulatory filings show that Duquesne Capital owned 193,900 shares in CF Industries Holdings, Inc. (NYSE: CF) at the end of June 2021 worth $9.9 million, representing 0.28% of the portfolio.

On August 20, investment advisory HSBC upgraded CF Industries Holdings, Inc. (NYSE: CF) stock to Buy from Hold with a price target of $59.5, up from $57, noting supply disruptions, higher feedstock costs, and low inventories as catalysts for fertilizer prices.

At the end of the second quarter of 2021, 47 hedge funds in the database of Insider Monkey held stakes worth $955 million in CF Industries Holdings, Inc. (NYSE: CF), up from 44 in the previous quarter worth $879 million.

Microsoft Corporation (NASDAQ: MSFT), Amazon.com, Inc. (NASDAQ: AMZN), and Alphabet Inc. (NASDAQ: GOOG) are some of the top stock picks of Stanley Druckenmiller, just like CF Industries Holdings, Inc. (NYSE: CF).

8. Farfetch Limited (NYSE: FTCH)

Number of Hedge Fund Holders: 63

Farfetch Limited (NYSE: FTCH) is a UK-based firm that owns and runs an online marketplace for luxury fashion goods. It is ranked eighth on our list of 15 stocks Stanley Druckenmiller is loading up on. Latest data shows that Duquesne Capital owned 293,100 shares in Farfetch Limited (NYSE: FTCH) at the end of June 2021 worth $14.6 million, representing 0.42% of the portfolio.

On August 20, investment advisory Goldman Sachs kept a Buy rating on Farfetch Limited (NYSE: FTCH) stock but lowered the price target to $68 from $71. Louise Singlehurst, an analyst at the firm, issued the ratings update.

At the end of the second quarter of 2021, 63 hedge funds in the database of Insider Monkey held stakes worth $4 billion in Farfetch Limited (NYSE: FTCH), up from 57 in the previous quarter worth $3 billion.

In its Q1 2021 investor letter, RiverPark Funds, an asset management firm, highlighted a few stocks and Farfetch Limited (NYSE: FTCH) was one of them. Here is what the fund said:

7. Marriott International, Inc. (NASDAQ: MAR)

Number of Hedge Fund Holders: 49

Marriott International, Inc. (NASDAQ: MAR) is a Maryland-based firm that owns and runs hotels and timeshare properties. It is placed seventh on our list of 15 stocks Stanley Druckenmiller is loading up on. Securities filings reveal that Duquesne Capital owned 135,700 shares in Marriott International, Inc. (NASDAQ: MAR) at the end of the second quarter of 2021 worth $18.5 million, representing 0.53% of the portfolio.

On August 4, investment advisory BMO Capital reiterated a Market Perform rating on Marriott International, Inc. (NASDAQ: MAR) stock and raised the price target to $145 from $140, appreciating the “better-than-expected” earnings for the firm in the second quarter.

At the end of the second quarter of 2021, 49 hedge funds in the database of Insider Monkey held stakes worth $2.4 billion in Marriott International, Inc. (NASDAQ: MAR), down from 58 in the previous quarter worth $3 billion.

Microsoft Corporation (NASDAQ: MSFT), Amazon.com, Inc. (NASDAQ: AMZN), and Alphabet Inc. (NASDAQ: GOOG) are some of the top stock picks of Stanley Druckenmiller, in addition to Marriott International, Inc. (NASDAQ: MAR).

In its Q1 2021 investor letter, LRT Capital Management, an asset management firm, highlighted a few stocks and Marriott International, Inc. (NASDAQ: MAR) was one of them. Here is what the fund said:

6. Coupa Software Incorporated (NASDAQ: COUP)

Number of Hedge Fund Holders: 54

Coupa Software Incorporated (NASDAQ: COUP) is ranked sixth on our list of 15 stocks Stanley Druckenmiller is loading up on. The firm operates from California and provides a cloud-based management platform to businesses. Latest data shows that Duquesne Capital owned 107,988 shares in Coupa Software Incorporated (NASDAQ: COUP) at the end of June 2021 worth $28.3 million, representing 0.81% of the portfolio.

On August 11, investment advisory Artete upgraded Coupa Software Incorporated (NASDAQ: COUP) stock to Buy from Sell with a price target of $300, noting that the concerns regarding demand environment were already reflected in the shares.

Out of the hedge funds being tracked by Insider Monkey, Connecticut-based investment firm Lone Pine Capital is a leading shareholder in Coupa Software Incorporated (NASDAQ: COUP) with 4.6 million shares worth more than $1.2 billion.

In its Q4 2020 investor letter, Artisan Partners Limited Partnership, an asset management firm, highlighted a few stocks and Coupa Software Incorporated (NASDAQ: COUP) was one of them. Here is what the fund said:

Click to continue reading and see Stanley Druckenmiller is Loading Up on These 5 Stocks.

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Disclose. None. Stanley Druckenmiller is Loading Up on These 15 Stocks is originally published on Insider Monkey.

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MONTRÉAL, Aug. 26, 2021 (GLOBE NEWSWIRE) — The management of Sirios Resources Inc. (TSX-V: SOI) is pleased to announce results from the first batch of reanalysis completed on samples from previous drilling on the Cheechoo gold property in Eeyou Istchee James Bay, Quebec. A total of 359 samples were reanalyzed using 1 kg of material per sample at Agat's laboratory using the "LeachWELL" leaching technique. The recent assay results show an increase in the gold content of approximately 15% compared to previous assays performed on 50g of material.

The comparative statistical data obtained include:

• 21% Increase in average gold content when comparing each pair of assay results,

• 15% Increase in median gold grade from 0.33 g/t to 0.38 g/t,

• 17% Increase in favour of 1 kg analyses according to the linear trend line of the Q-Q (quantile-quantile) graph.

The average gold grade reported in the table above (0.51 g/t / 0.53 g/t) is lower than the current reported grade of the Cheechoo mineral resource estimate (0.65 g/t). This decrease is due to the selection of samples for reanalysis that excludes most of the pre-existing results above 2 g/t Au, as these samples have already been analysed using 1 kg of material according to Sirios’ sampling protocol in place for Cheechoo. The lower gold grade threshold for selecting samples for reanalysis using 1 kg of material was set at 0.2 g/t in order to be as close as possible to the mineral resource estimate cut-off grade defined for the project.

Previous work had identified that samples returning greater than 2 g/t gold show an increase in the gold content when assaying with 1 kg of material. Samples with a gold grade ranging between 0.2 g/t and 2 g/t make up approximately 38% of the total number of samples used in the current resource estimation and therefore represent a major part of the reanalysis program.

An infographic accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/3ff446e9-4481-46c9-9020-a2f63f07311c

This program is based on recommendations from Lynda Bloom, P.Geo. with Analytical Solutions Ltd., a leading authority in the field of exploration geochemistry and assay methods. The recommendations included using a larger sample size for assays, followed by a statistical study conducted by Sirios' geologists. Results of this study indicate that the measured gold content based on 1 kg samples is generally higher and more representative of the true gold grade than the sample analyzed with 50 g of material, which is more commonly analysed in the laboratory. This relationship between the measured gold content and the size of the analyzed sample is consistent with the mineralogical observations and data from the various metallurgical tests previously performed by Sirios and is typical of other deposits with a pronounced “nugget effect”.

Dominique Doucet, founder and CEO of Sirios, stated: "Following these encouraging results, the additional planned programs of reanalysis will be carried out in the coming months. In addition, a revision to Sirios’ assaying protocol will be applied to the current drilling campaign to increase the amount of assaying done using 1 kg of material. We believe that following the completion of this important reanalysis program, the likelihood of an upward revision to the average gold grade of the Cheechoo deposit is excellent. Drilling being carried out this summer and the reanalysis program will increase the quality of the Cheechoo deposit and possibly its average gold grade."

Assay quality control

For the re-assay program, 1 kg of reject material was taken from previous core samples to be assayed using the “LeachWELL” technique at AGAT Laboratories. This technique uses accelerated cyanide leaching equipment employing the patented LeachWELL™ reagent on 1 kg of pulverized material and was carried out over a 4 hours leaching period. After the leaching process, the residue was filtered and dried. The leached solution was analysed by ICP-MS for gold content and 50g of the residue was assayed by Fire Assay with an Atomic Absorption finish. The then combined analysis give the total gold content for the sample. A strict QA/QC program is in place by integrating blanks and certified reference standards to the reject sample sequence. Special certified reference standards (assay pills) have been used for assuring an adequate quality control on the 1 kg material assays.

About the Cheechoo property

The Cheechoo gold property, wholly-owned by Sirios, is located in Eeyou Istchee James Bay, Quebec, less than 9 km from Newmont’s Eleonore gold mine. The latest resource estimate for the Cheechoo project (October 2020) included an inferred resource of 2.0 million ounces of gold contained in 93.0 million tonnes of rock at an average grade of 0.65 g/t Au, with significant potential to increase this resource.¹

The scientific and technical content of this press release has been reviewed and approved by Dominique Doucet, P.Eng. president and CEO of Sirios Resources Inc. and Jordi Turcotte, P.Geo. senior geologist, both qualified persons under National Instrument 43-101.

About Sirios

A pioneer in the discovery of significant gold deposits in Eeyou Istchee James Bay, Quebec, Canada, Sirios Resources Inc. is focusing primarily on its Cheechoo gold discovery, while actively exploring the gold potential of its other properties.

Forward Looking Statements :

This press release contains "forward-looking statements" within the meaning of applicable Canadian securities laws based on expectations, estimates and projections as of the date of this press release. Forward-looking statements involve risks, uncertainties and other factors that could cause actual events, results, performance, expectations and opportunities to differ materially from those expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially from those indicated in such forward-looking statements include, but are not limited to: capital and operating costs that differ materially from estimates; the tentative nature of metallurgical test results; delays or failures in obtaining required governmental, environmental or other approvals; uncertainties related to the availability and cost of necessary financing in the future changes in financial markets; inflation; fluctuations in metal prices; delays in project development; other risks relating to the mineral exploration and development industry; and risks disclosed in public filings of the Company on SEDAR at www. sedar.com. Although the Company believes that the assumptions and factors used in preparing the forward-looking statements contained in this news release are reasonable, readers should not place undue reliance on this information, which speaks only as of the date of this news release, and there can be no assurance that such events will occur or occur within the time periods presented. 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 by applicable law.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the Rules of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contact :
Dominique Doucet, President, CEO, Eng.
Tel. : (514) 918-2867
ddoucet@sirios.com

website : www.sirios.com

¹ BBA, Mineral Resource Estimate Update for The Cheechoo Project, 31/10/2020

Sydney, Australia–(Newsfile Corp. – August 26, 2021) – Austral Gold Limited (ASX: AGD) (TSXV: AGLD) (the "Company") is pleased to announce that it has filed its half year report for the 6 months ended 30 June 2021. The complete Report is available under the Company's profile at www.asx.com.au/, www.sedar.com/ and on the Company's website at www.australgold.com/.

About Austral Gold

Austral Gold Limited is a growing gold and silver mining, development and exploration company building a portfolio of quality assets in Chile, the USA and Argentina. Austral owns a 100% interest in the Guanaco/Amancaya mine in Chile and the Casposo Mine (currently on care and maintenance) in Argentina, a non-controlling interest in the Rawhide Mine in Nevada, USA and a non-controlling interest in Ensign Gold which holds the Mercur project in Utah, USA. In addition, Austral owns an attractive portfolio of exploration projects in the Paleocene Belt in Chile (including those acquired in the recent acquisition of Revelo Resources Corp), a non-controlling interest in Pampa Metals and a 100% interest in the Pingüino project in Santa Cruz, Argentina. Austral Gold Limited is listed on the TSX Venture Exchange (TSXV: AGLD) and the Australian Securities Exchange. (ASX: AGD). For more information, please consult Austral's website at www.australgold.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.

Release approved by the Chief Executive Officer of Austral Gold, Stabro Kasaneva.

For additional information please contact:

Jose Bordogna
Chief Financial Officer
Austral Gold Limited
jose.bordogna@australgold.com
+54 (11) 4323 7558

David Hwang
Company Secretary
Austral Gold Limited
info@australgold.com
+61 (2) 9698 5414

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/94623

NEW YORK, NY / ACCESSWIRE / August 26, 2021 / Levi & Korsinsky, LLP announces that class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies. Shareholders interested in serving as lead plaintiff have until the deadlines listed to petition the court. Further details about the cases can be found at the links provided. There is no cost or obligation to you.

COIN Shareholders Click Here: https://www.zlk.com/pslra-1/coinbase-global-inc-loss-submission-form?prid=18991&wire=1
PLL Shareholders Click Here: https://www.zlk.com/pslra-1/piedmont-lithium-inc-loss-submission-form?prid=18991&wire=1
ANVS Shareholders Click Here: https://www.zlk.com/pslra-1/annovis-bio-inc-loss-submission-form?prid=18991&wire=1

* ADDITIONAL INFORMATION BELOW *

Coinbase Global, Inc. (NASDAQ:COIN)

This lawsuit is on behalf of all persons and entities that purchased or otherwise acquired Coinbase Class A common stock pursuant and/or traceable to the Company's registration statement and prospectus for the resale of up to 114,850,769 shares of its Class A common stock, whereby Coinbase began trading as a public company on or around April 14, 2021.
Lead Plaintiff Deadline : September 20, 2021
TO LEARN MORE, VISIT: https://www.zlk.com/pslra-1/coinbase-global-inc-loss-submission-form?prid=18991&wire=1

According to the filed complaint, (1) the Company required a sizeable cash injection; (2) the Company's platform was susceptible to service-level disruptions, which were increasingly likely to occur as the Company scaled its services to a larger user base; and (3) as a result of the foregoing Defendants' positive statements about the Company's business, operations, and prospects, were materially misleading and/or lacked a reasonable basis.

Piedmont Lithium Inc. (NASDAQ:PLL)

PLL Lawsuit on behalf of: investors who purchased March 16, 2018 – July 19, 2021
Lead Plaintiff Deadline : September 21, 2021
TO LEARN MORE, VISIT: https://www.zlk.com/pslra-1/piedmont-lithium-inc-loss-submission-form?prid=18991&wire=1

According to the filed complaint, during the class period, Piedmont Lithium Inc. made materially false and/or misleading statements and/or failed to disclose that: (1) Piedmont has not, and would not, follow its stated steps or timeline to secure all proper and necessary permits; (2) Piedmont failed to inform relevant people and governmental authorities of its actual plans; (3) Piedmont failed to file proper applications with relevant governmental authorities (including state and local authorities); (4) Piedmont and its lithium business does not have "strong local government support"; and (5) as a result, Defendants' public statements were materially false and/or misleading at all relevant times.

Annovis Bio, Inc. (NYSE:ANVS)

ANVS Lawsuit on behalf of: investors who purchased May 21, 2021 – July 28, 2021
Lead Plaintiff Deadline : October 18, 2021
TO LEARN MORE, VISIT: https://www.zlk.com/pslra-1/annovis-bio-inc-loss-submission-form?prid=18991&wire=1

According to the filed complaint, during the class period, Annovis Bio, Inc. made materially false and/or misleading statements and/or failed to disclose that: (1) Annovis's ANVS401 (Posiphen), an orally administrated drug which purportedly inhibited the synthesis of neurotoxic proteins that are the main cause of neurodegeneration, did not show statistically significant results across two patient populations as to factors such as orientation, judgement, and problem solving; and (2) as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

You have until the lead plaintiff deadlines to request that the court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.

Levi & Korsinsky is a nationally recognized firm with offices in New York, California, Connecticut, and Washington D.C. The firm's attorneys have extensive expertise and experience representing investors in securities litigation and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:

Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Eduard Korsinsky, Esq.
55 Broadway, 10th Floor
New York, NY 10006
jlevi@levikorsinsky.com
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com

SOURCE: Levi & Korsinsky, LLP

View source version on accesswire.com:
https://www.accesswire.com/661562/CLASS-ACTION-UPDATE-for-COIN-PLL-and-ANVS-Levi-Korsinsky-LLP-Reminds-Investors-of-Class-Actions-on-Behalf-of-Shareholders

• Dynamic Energy Solutions, LLC has obtained financial close and commenced constructing a 6.6 Megawatts (MW) DC ground-mounted solar array in Norridgewock, Maine. The project includes an offtake agreement with Albertsons Companies, Inc. (NYSE: ACI).

• The 6.6 MW system is expected to generate more than 8.5 million kilowatt-hours of renewable energy annually for many of Albertsons Cos. Shaw's store locations throughout the Central Maine Power utility territory.

• "This system will not only provide the benefits of clean and renewable energy for Albertsons Companies but also serves the future needs of Mainers by addressing the threats of climate change," said Dynamic Energy's President John Conley.

• Dynamic Energy is expected to complete construction, installation, and final commissioning in Q4 of 2021.

• Price Action: ACI shares are trading lower by 1.07% at $28.14 on the last check Thursday.

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© 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Here are four stocks with buy rank and strong momentum characteristics for investors to consider today, August 26th:

EPAM Systems, Inc. EPAM: This provider of digital platform engineering and software development services has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 9.1% over the last 60 days.

EPAM Systems, Inc. Price and Consensus

EPAM Systems, Inc. price-consensus-chart | EPAM Systems, Inc. Quote

EPAM Systems’ shares gained 11.9% over the last one month compared with the S&P 500’s growth of 2.3%. The company possesses a Momentum Score of A.

EPAM Systems, Inc. Price

EPAM Systems, Inc. price | EPAM Systems, Inc. Quote

Century Casinos, Inc. CNTY: This casino entertainment company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 87.5% over the last 60 days.

Century Casinos, Inc. Price and Consensus

Century Casinos, Inc. price-consensus-chart | Century Casinos, Inc. Quote

Century Casinos’ shares gained 18.7% over the last one month. The company possesses a Momentum Score of B.

Century Casinos, Inc. Price

Century Casinos, Inc. price | Century Casinos, Inc. Quote

Gildan Activewear Inc. GIL: This manufacturer and seller of various apparel products has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 16.5% over the last 60 days.

Gildan Activewear, Inc. Price and Consensus

Gildan Activewear, Inc. price-consensus-chart | Gildan Activewear, Inc. Quote

Gildan Activewear’s shares gained 16.5% over the last one month. The company possesses a Momentum Score of B.

Gildan Activewear, Inc. Price

Gildan Activewear, Inc. price | Gildan Activewear, Inc. Quote

Albertsons Companies, Inc. ACI: This food and drug stores operator has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 14.1% over the last 60 days.

Albertsons Companies, Inc. Price and Consensus

Albertsons Companies, Inc. price-consensus-chart | Albertsons Companies, Inc. Quote

Albertsons Companies’ shares gained 40% over the last one month. The company possesses a Momentum Score of B.

Albertsons Companies, Inc. Price

Albertsons Companies, Inc. price | Albertsons Companies, Inc. Quote

See the full list of top ranked stocks here

Learn more about the Momentum score and how it is calculated here.

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

Albertsons Companies, Inc. (ACI) : Free Stock Analysis Report

EPAM Systems, Inc. (EPAM) : Free Stock Analysis Report

Century Casinos, Inc. (CNTY) : Free Stock Analysis Report

Gildan Activewear, Inc. (GIL) : Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research

Massapê Discovery: 13.96 g/t 2PGE+Au and 6.77 g/t 2PGE+Au from in-situ chromitite reef outcrop samples and 15 m at 1.65 g/t 2PGE+Au from trench channel sample

VANCOUVER, British Columbia, Aug. 26, 2021 (GLOBE NEWSWIRE) — ValOre Metals Corp. (“ValOre”; TSX‐V: VO; OTC: KVLQF; Frankfurt: KEQ0, “the Company”) today announced assay results for two chromitite reef outcrop samples, 25 Trado^® auger holes and five trenches from the Massapê target area at ValOre’s 100%-owned Pedra Branca Platinum Group Elements (“PGE”, “2PGE+Au”) Project (“Pedra Branca”) in northeastern Brazil. The high-grade Massapê discovery is situated approximately four kilometres (“km”) along trend to the north of the Trapia deposit area, which is included in ValOre’s global 2019 NI 43-101 Pedra Branca inferred resource of 1,067,000 ounces (“oz”) 2PGE+Au contained in 27.2 million tonnes (“Mt”) grading 1.22 g/t 2PGE+Au. CLICK HERE for a regional map of the Massapê target and Pedra Branca project (Figure 1).

“2021 exploration at Massapê indicates the presence of a near-surface PGE zone extending to the south of historical drilling, where palladium and platinum mineralization was encountered in 3 of 5 historical holes,” stated ValOre’s VP of Exploration, Colin Smith. “The discovery of correlative high-grade and chromitite reef outcrops within three broadly mineralized trenches south of historical drilling warrants 500 m of follow-up core drilling for Massapê as part of a 1000 metre expansion to the on-going program.”

Massapê Discovery Trenching, Trado^® Auger Drilling and Rock Sampling Highlights:

• High-grade PGE assay results from two chromitite reef outcrop samples:

  • 13.96 grams per tonne palladium + platinum + gold (“g/t 2PGE+Au”), and

  • 6.77 g/t 2PGE+Au;

• These two high-grade PGE samples extend known PGE mineralization an additional 200 metres (“m”), creating a total Massapê target strike length of >800 m (remains open to south);

• All 5 trenches* completed along the Massapê target trend in 2021 returned significant intervals of PGE mineralization, including:

  • 15 m at 1.65 g/t 2PGE+Au, incl. 6 m at 3.40 g/t 2PGE+Au

  • 54 m at 0.39 g/t 2PGE+Au, incl. 2 m at 1.14 g/t 2PGE+Au, and 9 m at 1.2 g/t 2PGE+Au

  • 28 m at 0.44 g/t 2PGE+Au;

• Trado^® auger drilling returned surface PGE assay results in 15 of 25 holes, with assay highlights including:

  • 3.5 m at 0.87 g/t 2PGE+Au from surface, including 1.5 m at 1.3 g/t 2PGE+Au from 2 m

  • 4 m at 0.59 g/t 2PGE+Au from surface, including 1 m at 1.84 g/t 2PGE+Au from 1 m

  • 11 m at 0.34 g/t 2PGE+Au from surface

  • 8 m at 0.36 g/t 2PGE+Au from surface;

• Excellent exploration upside remains, with the currently defined >800-metre-long mineralized ultramafic (“UM”) trend fully open to the south, in the direction of improving in-situ PGE grades and strong magnetic signature;

• Massapê target is drill-ready, with 500 m of core drilling planned for September as part of the planned 1000 metre expansion to the previously announced DDH program.

*Reported trench assay interval lengths are channel samples and estimated to represent 80-90% true width

Massapê Target 2021 Exploration: Trenching, Trado^® Auger Drilling and Rock Sampling

Compilation and review of historical data from Massapê revealed considerable geochemical, geophysical, and geological similarities to the PGE deposits which comprise ValOre’s current NI 43-101 inferred resource, and consequently designated the target as high priority. The application of ValOre’s proven and effective systematic exploration methodology was deployed and served to rapidly advance Massapê to drill-ready stage (CLICK HERE for news release dated March 23, 2021; CLICK HERE for news release dated April 26, 2021; CLICK HERE for news release dated July 12, 2021; and CLICK HERE for news release dated August 23, 2021). Given the continued success of ValOre’s sequential exploration methodology, district-wide target generation and assessment has been being accelerated.

The Massapê target area is characterized by strong historical PGE-in-soil anomalies, high-grade historical and ValOre surface grab samples (including 13 samples >10 g/t 2PGE+Au over 800 m of geological trend), a compelling >1-km-long magnetic anomaly, strong local WorldView spectral signatures (CLICK HERE for additional information on WorldView spectral data), and PGE mineralization in 3 of 5 historical core drill holes.

ValOre conducted detailed geological mapping and prospecting of the 1 km-long trend and followed-up with 25 Trado^® auger holes (122 m total, equating to 129 samples) and 5 trenches (216 m total). At-surface, PGE-bearing UM or UM-derived rocks were intercepted in 15 of 25 Trado^® holes, and in all 5 trenches, confirming the presence of in-situ surface PGE mineralization along a geological trend of approximately 800 m. CLICK HERE for a plan map of the Massape target (Figure 2).

Trench channel sample assay highlights include multiple high-grade PGE results from the three southernmost trenches, including:

• TR21MS05: 15 m at 1.65 g/t 2PGE+Au, including 6 m at 3.4 g/t 2PGE+Au;

• TR21MS03: 54 m at 0.39 g/t 2PGE+Au, including 2 m at 1.14 g/t 2PGE+Au and 9 m at 1.2 g/t 2PGE+Au;

• TR21MS04 : 28 m at 0.44 g/t 2PGE+Au.

CLICK HERE for detailed trench cross sections (Figures 3a, 3b, 3c) and see Table 1 below for a summary of significant assay results for all 5 trenches.

High-grade PGE assays (13.96 g/t 2PGE+Au and 6.77 g/t 2PGE+Au) were returned from two samples collected from correlative chromitite reefs exposed in trenches TR21MS04 and TR21MS05, extending known PGE mineralization for an additional 200 m to the south of the existing historical core drilling area. CLICK HERE for detailed sample photographs (Figure 4).

Trado^® auger assay highlights include holes AD21MS19, which returned 3.5 m at 0.87 g/t 2PGE+Au from surface, including 1.5 m at 1.3 g/t 2PGE+Au from 2 m, and hole AD21MS14 which returned 11 m at 0.34 g/t 2PGE+Au from surface. See Table 1 below for a summary of significant Trado^® assay results.

Table 1: Trado^® Auger Drilling and Trenching Highlights

*Reported trench assay interval lengths are channel samples and estimated to represent 80-90% true width

About Trado^® Auger Drilling and Trenching Methodology

Please CLICK HERE to view ValOre’s news release of March 23, 2021 for detailed information regarding Trado^® auger drilling and trenching methodologies.

Quality Control/Quality Assurance (“QA/QC”) and Grade Interval Reporting

CLICK HERE for a summary of ValOre’s policies and procedures related to QA/QC and grade interval reporting.

Qualified Person (QP)

The technical information in this news release has been prepared in accordance with Canadian regulatory requirements set out in NI 43-101 and reviewed and approved by Colin Smith, P.Geo., ValOre’s QP and Vice President of Exploration.

About ValOre Metals Corp.

ValOre Metals Corp. (TSX‐V: VO) is a Canadian company with a portfolio of high‐quality exploration projects. ValOre’s team aims to deploy capital and knowledge on projects which benefit from substantial prior investment by previous owners, existence of high-value mineralization on a large scale, and the possibility of adding tangible value through exploration, process improvement, and innovation.

In May 2019, ValOre announced the acquisition of the Pedra Branca Platinum Group Elements (PGE) property, in Brazil, to bolster its existing Angilak uranium, Genesis/Hatchet uranium and Baffin gold projects in Canada.

The Pedra Branca PGE Project comprises 39 exploration licenses covering a total area of 39,987 hectares (98,810 acres) in northeastern Brazil. At Pedra Branca, 5 distinct PGE+Au deposit areas host, in aggregate, a current Inferred Resource of 1,067,000 ounces 2PGE+Au contained in 27.2 million tonnes grading 1.22 g/t 2PGE+Au (CLICK HERE for ValOre’s July 23, 2019 news release). All the currently known Pedra Branca inferred PGE resources are potentially open pittable.

Comprehensive exploration programs have demonstrated the "District Scale" potential of ValOre’s Angilak Property in Nunavut Territory, Canada that hosts the Lac 50 Trend having a current Inferred Resource of 2,831,000 tonnes grading 0.69% U₃O₈, totaling 43.3 million pounds U₃O₈. For disclosure related to the inferred resource for the Lac 50 Trend uranium deposits, please CLICK HERE for ValOre's news release dated March 1, 2013.

ValOre’s team has forged strong relationships with sophisticated resource sector investors and partner Nunavut Tunngavik Inc. (NTI) on both the Angilak and Baffin Gold Properties. ValOre was the first company to sign a comprehensive agreement to explore for uranium on Inuit Owned Lands in Nunavut Territory and is committed to building shareholder value while adhering to high levels of environmental and safety standards and proactive local community engagement.

On behalf of the Board of Directors,

“Jim Paterson”

James R. Paterson, Chairman and CEO

ValOre Metals Corp.

For further information about ValOre Metals Corp., or this news release, please visit our website at www.valoremetals.com or contact Investor Relations at 604.653.9464, or by email at contact@valoremetals.com.

ValOre Metals Corp. is a proud member of Discovery Group. For more information please visit: http://www.discoverygroup.ca/

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.

This news release contains “forward-looking statements” within the meaning of applicable securities laws. Although ValOre believes that the expectations reflected in its forward-looking statements are reasonable, such statements have been based on factors and assumptions concerning future events that may prove to be inaccurate. These factors and assumptions are based upon currently available information to ValOre. Such statements are subject to known and unknown risks, uncertainties and other factors that could influence actual results or events and cause actual results or events to differ materially from those stated, anticipated or implied in the forward-looking statements. A number of important factors including those set forth in other public filings could cause actual outcomes and results to differ materially from those expressed in these forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include the future operations of ValOre and economic factors. Readers are cautioned to not place undue reliance on forward-looking statements. The statements in this press release are made as of the date of this release and, except as required by applicable law, ValOre does not undertake any obligation to publicly update or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise. ValOre undertakes no obligation to comment on analyses, expectations or statements made by third parties in respect of ValOre, or its financial or operating results or (as applicable), their securities.

Dieppe, New Brunswick–(Newsfile Corp. – August 26, 2021) – Colibri Resource Corporation (TSXV: CBI) ("Colibri" or the "Company") is pleased to announce that its earn-in partner Silver Spruce Resources (SSE-TSXV) has reported the results of a Phase 2 ground exploration program on the 1,130-hectare Jackie Gold & Silver Property which began June 11^th, 2021.

Today's News Release By Silver Spruce follows:

August 26, 2021 – Bedford, NS – (TSXV: SSE) – Silver Spruce Resources Inc. ("Silver Spruce" or the "Company") is pleased to announce promising gold and multi-element assay results of its Phase 2 ground exploration program on the 1,130-hectare Jackie Au-Ag property ("Jackie" or the "Property"). The program was focused around a pristine exploration target with encouraging Au-Ag assays from our Phase 1 prospecting and rock sampling (see Figures 1, 2 and 3). The work was performed on a 100-hectare section of the Property with grid-controlled detailed geological mapping and rock sampling focused on a 25-hectare central block covering the core of the gold and silver discovery area with additional wider spaced grid mapping of the surrounding area.

Figure 1. Jackie and Diamante 2 Concession Location Map. Access from Tepoca south on Highway #117 and local road to La Quema. Discovery area 3km north of La Quema is indicated by the white arrow.

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“We are excited about the potential for Jackie given the positive results and an original discovery with our early exploration campaigns. The intense silicate and oxide alteration with high-grade precious metal values ranging up to 9.65 g/t Au and 515 g/t Ag during Phase 1, and up to 4.15 g/t Au and 100 g/t Ag in separate samples during Phase 2, verified and extended the target area anomaly,” said Greg Davison, Silver Spruce VP Exploration. “Our Hermosillo-based geological team completed tightly-spaced 25-50 metre grid sampling and mapping which successfully increased the target to 200m x 400m. A distinct northwesterly trend of anomalous precious metal and typical heavy metal pathfinder elements runs parallel to several local and regional lineaments which provide new untested targets for follow-up sampling.”

Assay results for 10 Phase 2 samples and 3 Phase 1 samples sorted by Au content are presented in Table 1. A total of 310 rock samples were collected to date in two programs.

Table 1. Select assay results sorted by Au g/t from Phase 1 and Phase 2 rock sampling – n=310 samples

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Figure 2. Ridge located 50 metres above the valley floor, showing intense oxidation and argillic alteration peripheral to and within large polymetallic anomaly as indicated in Figure 1.

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The Company, with a six-person team (two senior geologists, two junior geologist and two field assistants) and all necessary logistical support undertook a Phase 2 exploration program, including rock sampling and geological mapping of known areas exhibiting significant alteration or mineralization (see Figures 2 and 3), collection of structural data and alteration zoning to assist with vectoring toward potential Phase 3 drilling targets. The investigation of several known hyperspectral alteration targets identified from satellite imagery was deferred due to rainy season access limitations. All aspects of the exploration program were conducted with strict adherence to COVID-19 protocols for personal safety.

Figure 3. Outcrop sampling north of exposed ridge with high grade Au 9.56 g/t and Ag 515 g/t – sample 221009 showing intense zeolite, clay and jarosite alteration of andesite

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Figure 4 illustrates the Phase 1 geochemistry, based on 75^th, 90^th, 95^th and 98^th percentiles using proportional symbols, for gold with the inset map for Au, Ag, Pb, Zn and Cd. Figure 5 illustrates the Phase 1 results for Au with an inset map for Phase 2 Au distribution. Figure 6 illustrates the Phase 1 and 2 results for Cu. The data clearly show a strong multi-element cluster effect (Au, Ag, Bi, Sb, Cd, Zn and Hg) and strong silicate alteration focused over the principal 200m x 400m target area extending for the pathfinder elements on a general northwesterly trend and open along strike.

The preliminary prospecting program identified a distinctive andesite ridge with intense oxidation, silicification and argillic alteration, and a notable paucity of vegetation located 35-50 metres vertical above the valley floor. Similar alteration, verified by preliminary aiSIRIS results of hyperspectral analysis, from the northern area of the ridge which was covered by thick vegetation, where exposed displayed intense replacement by zeolite, kaolinite, alunite, montmorillonite, opaline silica and muscovite and contained the bulk of the anomalous gold and silver values.

Geochemical analyses clearly identified a strong Au-Ag anomaly, commonly though not exclusively, associated with elevated Hg, Pb, Zn, Cd, As, Sb and Cu with spatial distribution and trends similar to the multi-element data recorded for the nearby El Mezquite property.

Figure 4. Phase 2 grid sampling areas on Phase 1 geochemistry (Au ppm only), Jackie property. Inset map with 50 metre grid location map and multi-element anomaly Au (ppm), Ag (ppm), Pb (ppm), Zn (ppm) and Cd (ppm).

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Figure 5. Phase 2 grid sampling area (inset) on Phase 1 geochemistry (Au ppm), Jackie property. Inset map with cluster of anomalous Au and Ag assays up to 4.15 g/t Au and 100 g/t Ag in separate samples.

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Figure 6. Phase 2 grid sampling area (inset) on Phase 1 geochemistry (Cu ppm), Jackie property. Inset map with cluster of anomalous Cu analyses with distinct northwesterly trend parallel to several local and regional lineaments.

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Planning for the Phase 3 exploration program is underway with a view to additional ground work in Q4 2021, including preparation of the environmental report required for a drilling permit and targeting for Q1 2022 reverse circulation drilling. Interpretation of the geological, geochemical, hyperspectral, and property-wide ASTER, LANDSAT 8 and LiDAR imagery is ongoing.

The additional geochemistry and geological maps and images from the field program will be provided on the Silver Spruce website (www.silverspruceresources.com) in due course.

Project Background

The Company recently signed a Definitive Agreement (Press release November 30, 2020) with Colibri Resource Corp. to acquire 50% interest in Jackie, an early-stage precious metal project located 175 km east of Hermosillo, Sonora, Mexico. The large grassroots property is located in a very productive region only one to two kilometres south from our El Mezquite and Diamante properties and adjacent to the west of Minera Alamos' Santana project, and approximately six kilometres northwest of their Nicho deposit currently under development.

The Jackie Project is located within the western portion of the Sierra Madre Occidental Volcanic Complex within the prominent northwest-trending "Sonora Gold Belt" of northern Mexico and parallel to the precious metals-rich Mojave-Sonora Megashear.

Other nearby large operating mines include Alamos Gold's Los Mulatos gold mine and Agnico Eagle's La India gold mine located 50-60 km to the northeast, Agnico Eagle's Pinos Altos Mine, 95 km southeast and Argonaut's La Colorada Mine, 100 km to the west. Exploration is very active with adjacent and nearby properties reported to be held by Minera Alamos, Newmont, Garibaldi, Evrim, Kootenay Silver and Peñoles.

The 1,130-hectare Property is easily accessible from Hermosillo to the Tepoca area and heading south from Mexican Highway #16 or west from Highway #117, or from Ciudad Obregón travelling northeast on Hwy. #117 and west to the pueblo of La Quema with vehicles and then pack teams along dry river beds, dirt roads and trails. High voltage power lines are located on Highway #16.

Geochemical Analysis, Quality Assurance and Quality Control

Rock samples were delivered to the ALS sample preparation facility in Hermosillo, Sonora, Mexico. ALS Global in North Vancouver, British Columbia, Canada, is a facility certified as ISO 9001:2008 and accredited to ISO/IEC 17025:2005 from the Standards Council of Canada.

Pulps (50gram split) were submitted for Au analysis by Fire Assay with Atomic Absorption finish (Au-AA24) and Four Acid Digestion with Inductively Coupled Plasma Atomic Emission Spectrometry (ICP-AES) multi-element analyses (ME-ICP61m).

Splits of crushed rejects were sent to ALS in Reno, NV for hyperspectral analysis (HYP-PKG) using the Terraspec 4 and aiSIRIS identification of the principal silicate, sulphate, carbonate and hydrous oxide species, namely the alteration minerals and their relative intensity.

In-house quality control samples (blanks, standards, duplicates, preparation duplicates) were inserted into the sample set. ALS Global conducts its own internal QA/QC program of blanks, standards and duplicates, and the results were provided with the Company sample certificates. The results of the ALS control samples were reviewed by the Company's QP and evaluated for acceptable tolerances. All sample and pulp rejects are stored at ALS Global pending full review of the analytical data, and future selection of pulps for independent third-party check analyses, as requisite.

All of the metal values disclosed herein by Silver Spruce are reported from grab and channel samples which may not be representative of the metal grades. There is no record of historical sampling from previous exploration efforts on the Property.

Qualified Person

Greg Davison, PGeo, Silver Spruce VP Exploration and Director, is the Company's internal Qualified Person for the Jackie Project and is responsible for approval of the technical content of this press release within the meaning of National Instrument 43-101 Standards of Disclosure for Mineral Projects ("NI 43-101"), under TSX guidelines.

ABOUT COLIBRI RESOURCE CORPORATION:

Colibri is a Canadian-based mineral exploration company listed on the TSX-V (CBI) and is focused on acquiring and exploring prospective gold & silver properties in Mexico. The Company has six exploration projects of which five currently have exploration programs being executed or planned for 2021. The flagship Evelyn Gold Project is 100% owned and explored by Colibri. The Company has four additional projects, Pilar Gold & Silver Project (optioned to Tocvan Ventures- CSE:TOC), El Mezquite Gold & Silver Project , Jackie Gold & Silver Project, and the Diamante Gold & Silver Project (50% earn-in agreements with Silver Spruce Resources – TSX.V-SSE) are also currently being actively advanced.

For more information about all Company projects please visit: www.colibriresource.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.

Notice Regarding Forward-Looking Statements:

This news release contains "forward-looking statements". Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Actual results could differ from those projected in any forward-looking statements due to numerous factors. These forward-looking statements are made as of the date of this news release, and the Company assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although the Company believes that the plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that they will prove to be accurate.

For further information: Ronald J. Goguen, President, Chairperson and Director, Tel: (506) 383-4274, rongoguen@colibriresource.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/94521

Stewart, British Columbia–(Newsfile Corp. – August 26, 2021) – Decade Resources Ltd (TSXV: DEC) ("Decade" or the Company) announces that it has intersected further native silver, acanthite (silver sulphide) and native gold in DDH-DN-21-12 on theArgo/LG zones at the Del Norte property. The property is situated within BC's "Golden Triangle", 34 kilometres east of Stewart, BC.

Highlights of the recent drill hole include:

• Native silver/acanthite observed as smeared zones in DDH-21-12 (see photo).

• Visible gold associated with sphalerite (zinc sulphide), pyrite (iron sulphide), galena (lead sulphide) and tetrahedrite (copper-silver antimony sulphide) (see 2 included photos).

• Heavy sphalerite, pyrite, galena and tetrahedrite observed over 10 m of core intersection.

• 2021 drilling indicates a strike length of at least 250m and height of at least 120m for the latest high grade intersections.

Ed Kruchkowski, President of the Company states: "The Company is extremely excited by the presence of visible gold, silver minerals and strong base metal mineralization in the latest drill hole. The drilling also shows a great consistency in mineralization between the various drill holes. This recent success was based on testing of geological modelling carried out after the completion of the 2020 program."

Mineralization is located within pyrite-rich, black mud lapilli tuffs with sub-intervals of dacite lapilli tuffs. Sulphides include pyrite, sphalerite, galena and tetrahedrite along with visible gold and silver in the 2021 drill holes.

The Del Norte property was optioned from Teuton Resource Corp. in January of 2020 with terms allowing the Company to earn up to a 55% interest in the property by spending $4 million over a five year period. The Company can an earn an additional 20% interest by carrying the property to commercial production.

Private Placement

The Company has undertaken a $600,000.00 flow through and non-flow through financing to continue funding a phase 2 program and continued exploration. The flow-through is at a price of seven cents per flow-through unit. Each flow-through unit will comprise one flow-through common share and one transferable non-flow-through common share purchase warrant, with each warrant being exercisable for the purchase of one additional common share, at a price of ten cents per share, for a two-year period.

The offering of non-flow-through units will be at a price of five cents per unit. Each unit will comprise one common share and one transferable common share purchase warrant, each warrant being exercisable for the purchase of one additional common share, at a price of eight cents per share, for a two-year period.

The proceeds from the sale of the flow-through units will be expended on the company's properties located in British Columbia and the proceeds from the sale of non-flow-through units will be used for working capital purposes. Certain directors and officers of the company may participate in the private placement.

Qualified Person

Ed Kruchkowski, P. Geo., a qualified person under National Instrument 43-101 is responsible for the contents of this release. E. Kruchkowski is not independent of Decade as he is the president of the Company.

About Decade

Decade Resources Ltd. is a Canadian based mineral exploration company actively seeking opportunities in the resource sector. Decade holds numerous properties at various stages of development and exploration from basic grass roots to advanced ones. Its properties and projects are all located in the "Golden Triangle" area of northern British Columbia. For a complete listing of the Company assets and developments, visit the Company website at www.decaderesources.ca which is presently being updated. For investor information please call 250-636-2264 or Gary Assaly at 604-377-7969.

ON BEHALF OF THE BOARD OF DECADE RESOURCES LTD.

"Ed Kruchkowski"
Ed Kruchkowski, President

"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."
"This news release may contain forward-looking statements. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements."

Figure 1

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Figure 2

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Figure 3

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Figure 4

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Figure 1

War Eagle Showing with 2020 and 2021 Prospecting Results

Figure 2

War Eagle Channel Sampling Results

TORONTO, Aug. 26, 2021 (GLOBE NEWSWIRE) — Red Pine Exploration Inc. (TSX-V: RPX) (“Red Pine” or the “Company”) announces results from its 2021 surface exploration program, including the identification of promising new zones of gold mineralization in shear zones located on and adjacent to the Company’s newly acquired War Eagle claims.

In parallel to its diamond drilling program, initial highlights recently released on the 19^th of July and the identification of new zones of high-grade mineralization released on the 20^th of August 2021, Red Pine commenced a prospecting, channel sampling and surface mapping program. This surface mapping program was conducted on and within the surroundings of the War Eagle claims, which are a prominent part of the Company’s strategy to strengthen the Wawa Gold land package.

The War Eagle mining claims exhibit gold showings with similar characteristics to the Wawa Gold Project’s highly prospective Darwin-Grace structures, both of which are located in the McMurray Township, Michipicoten region of Ontario, and is therefore defined as a high-value target for exploration.

Highlights of the 2020 and 2021 surface exploration program (Figure 1):

• Identification of promising zones of gold mineralization in shear zones located on and adjacent to the newly acquired War Eagle claims, with the first set of grab samples containing between traces and 9.40 g/t gold. Assay results from additional grab samples and channel samples in the area remain pending.

• Discovery of a network of parallel quartz veins 290 metres north of the historic Darwin-Grace Mine. Grab samples from 2020 contain 67.90 g/t gold in one vein and grab samples obtained in 2021 contain 19.8 g/t gold in a parallel vein.

• Identification of the Nyman Vein 120 metres east of the main showing with grab samples containing up to 4.10 g/t gold.

• Identification of a new gold showing located near the historic Moody Pit, 900 metres north-east of the Darwin-Grace Mine, with grab samples from 2020 and 2021 containing between 4.03 and 11.50 g/t gold.

• Identification of the southern extension of the Grace Shear Zone where assay results remain pending.

• Channel sampling on near the War Eagle showing of 1.84 g/t gold over 4.70 metres, including 4.64 g/t gold over 1.00 metre and 2.43 g/t gold over 3.00 metres including 4.74 g/t gold over 1.00 metre (Table 1 and Figure 2).

The reader is cautioned that grab samples are selective by nature and do not represent the true metal content of the mineralized zone.

“The Wawa Gold Project’s large land package continues to exhibit prolific occurrences of gold mineralization. Our 2021 exploration program includes efforts to expand our knowledge and prioritize these targets for future diamond drilling. As we continue to delineate both the Surluga and Minto Mine South deposits, we are confident that these greenfield targets located in the underexplored areas of the property will add value to the project and to our shareholders” – Quentin Yarie, President and CEO.

Figure 1 accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/b03bb006-610c-4120-b526-722b631484c0

Surface Exploration

War Eagle Claims

Field mapping, channel sampling and prospecting on and around the War Eagle claims identified numerous shear zones with visual indicators suggesting the presence of gold mineralization. This includes quartz shear veining, pyrite and arsenopyrite mineralization as well as areas of strong biotite or white micas alteration. Field mapping was also successful at confirming the southern extension of the Grace Shear Zone, 125 metres along strike of the southernmost extension of the underground workings of the Darwin-Grace mine. Initial grab sample results from the mineralized structures identified in the area contain between 0.17 g/t and 9.40 g/t gold.

Channel sampling also returned promising gold results, shown below in Table 1:

Figure 2 accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/060a95b7-bf59-4689-9b36-a23cf226e9cb

Darwin-Grace Mine and Nyman Vein area

Red Pine has identified, 290 metres north of the Darwin-Grace Mine, a network of quartz veins in which two grab samples in two separate veins contain 67.90 g/t and 19.10 g/t gold, a network of quartz veins not known prior to its discovery by Red Pine in 2020. The veins forming the network are striking in an orientation close to the Minto Mine South vein that hosts the Minto Mine South Deposit.

Field mapping and prospecting during 2020 and 2021 located the eastern extension of the Nyman Vein, 120 metres east from previous grab samples collected in 2016, contain up to 143.10 g/t gold in the vein (see news release of February 7, 2017). Grab samples from 2020 in the eastern extension of the Nyman Vein contain up to 4.10 g/t gold. The Nyman Shear Zone, hosting the Nyman Vein, is emerging as a potentially significant exploration target on the Wawa Gold Project. Based on the geometry of the workings of the Darwin-Grace mine, the Nyman vein could represent the surface expression of the up-dip extension of the E-W structure mined between levels 6 and 8 of the mine in the 1930’s. Red Pine’s drilling of the Nyman Vein in 2017, with the intersection of 10.10 g/t gold over 0.82 metres, indicates that the structure extends at depth (see news release dated May 4, 2017).

Field mapping in 2021 also revisited discoveries from 2020 in the area near the historic Moody Pit showing, with sampling of a shear zone near the historic Moody Pit showing identifying a quartz vein containing up to 11.50 g/t gold. Grab samples from the shear zone hosting the quartz vein taken in 2021 and 2020 exhibit gold content between 4.03 and 6.12 g/t gold. Additional fieldwork, including mechanized stripping, will be necessary to establish the continuity and grade of that mineralized structure.

The reader is cautioned that grab samples are selective by nature and do not represent the true metal content of the mineralized zone.

On-site Quality Assurance/Quality Control ("QA/QC") Measures

All samples were transported in security sealed bags for analyses at Actlabs in Ancaster, Ontario. Individual samples were labelled, placed in plastic sample bags and sealed. Groups of samples were then placed into durable rice bags and then shipped. The residual coarse reject portions of the samples remain in storage if further work or verification is needed.

As part of its QA/QC program, Red Pine inserts external gold standards (low to high grade) and blanks every 20 samples in addition to random standards, blanks, and duplicates.

Qualified Person

Quentin Yarie, P.Geo. and Chief Executive Officer of Red Pine and the Qualified Person, as defined by National Instrument 43-101, has reviewed and approved the news release’s technical information.

COVID-19 Precautions

Red Pine has developed and implemented compliant precautions and procedures according to guidelines for the Province of Ontario. Protocols were put in place to ensure our employees’ and contractors’ safety, thereby reducing the potential for community contact and spreading of the virus.

About Red Pine Exploration Inc.

Red Pine Exploration Inc. is a gold exploration company headquartered in Toronto, Ontario, Canada. The Company's common shares trade on the TSX Venture Exchange under the symbol "RPX".

The Wawa Gold Project is in the Michipicoten greenstone belt of Ontario, a region that has seen major investment by several producers in the last five years. Its land package hosts numerous historic gold mines and is over 6,800 hectares in size. The Company’s Chairman of the Board is Paul Martin, the former CEO of Detour Gold. The Board has extensive and diverse experience at such entities as Alamos, Barrick, Generation Mining, Detour Gold, and the Ontario Energy Board. Led by Quentin Yarie, CEO, who has over 25 years of experience in mineral exploration, Red Pine is strengthening its position as a major mineral exploration and development player in the Michipicoten region.

For more information about the Company, visit www.redpineexp.com.

Or contact:

Quentin Yarie, President and CEO, (416) 364-7024, qyarie@redpineexp.com

Or

Tara Asfour, Investor Relations Manager, (514) 833-1957, tasfour@redpineexp.com

¹National Instrument 43-101 Technical Report for the Wawa Gold Project, Brian Thomas P.Geo. Golder Associates Ltd, effective July 16, 2019

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This News Release contains forward-looking statements. In some cases, you can identify forward-looking statements by terminology such as "may", "should", "expects", "plans", "anticipates", "believes", "estimates", "predicts", "potential" or "continue" or the negative of these terms or other comparable terminology. These statements are only predictions and involve known and unknown risks, uncertainties and other factors that may cause our or our industry's actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements.

Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law.

Here are four stocks with buy ranks and strong growth characteristics for investors to consider today, August 26th:

Gildan Activewear Inc. GIL: This manufacturer and seller of various apparel products carries a Zacks Rank #1 (Strong Buy), has witnessed the Zacks Consensus Estimate for its current year earnings increasing 16.5% over the last 60 days.

Gildan Activewear, Inc. Price and Consensus

Gildan Activewear, Inc. price-consensus-chart | Gildan Activewear, Inc. Quote

Gildan Activewear has a PEG ratio of 0.67 compared with 1.17 for the industry. The company possesses a Growth Score of A.

Gildan Activewear, Inc. PEG Ratio (TTM)

Gildan Activewear, Inc. peg-ratio-ttm | Gildan Activewear, Inc. Quote

Westlake Chemical Corporation WLK: This manufacturer and marketer of basic chemicals, vinyls, polymers, and building products carries a Zacks Rank #1, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 10.9% over the last 60 days.

Westlake Chemical Corporation Price and Consensus

Westlake Chemical Corporation price-consensus-chart | Westlake Chemical Corporation Quote

Westlake Chemical has a PEG ratio of 0.14, compared with 0.35 for the industry. The company possesses a Growth Score of A.

Westlake Chemical Corporation PEG Ratio (TTM)

Westlake Chemical Corporation peg-ratio-ttm | Westlake Chemical Corporation Quote

Albertsons Companies, Inc. ACI: This food and drug stores operator carries a Zacks Rank #1, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 14.1% over the last 60 days.

Albertsons Companies, Inc. Price and Consensus

Albertsons Companies, Inc. price-consensus-chart | Albertsons Companies, Inc. Quote

Albertsons Companies has a PEG ratio of 1.04, compared with 2.64 for the industry. The company possesses a Growth Score of A.

Albertsons Companies, Inc. PEG Ratio (TTM)

Albertsons Companies, Inc. peg-ratio-ttm | Albertsons Companies, Inc. Quote

CRA International, Inc. CRAI: This consulting company that provides economic, financial, and management consulting services carries a Zacks Rank #1, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 18.1% over the last 60 days.

Charles River Associates Price and Consensus

Charles River Associates price-consensus-chart | Charles River Associates Quote

CRA International has a PEG ratio of 1.23, compared with 2.22 for the industry. The company possesses a Growth Score of A.

Charles River Associates PEG Ratio (TTM)

Charles River Associates peg-ratio-ttm | Charles River Associates Quote

See the full list of top ranked stocks here.

Learn more about the Growth score and how it is calculated here.

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Charles River Associates (CRAI) : Free Stock Analysis Report

Albertsons Companies, Inc. (ACI) : Free Stock Analysis Report

Gildan Activewear, Inc. (GIL) : Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research

SAN DIEGO, Aug. 25, 2021 (GLOBE NEWSWIRE) — Robbins Geller Rudman & Dowd LLP announces that purchasers of Piedmont Lithium Inc. (NASDAQ: PLL) securities between March 16, 2018 and July 19, 2021, inclusive (“Class Period”), have until September 21, 2021 to seek appointment as lead plaintiff in the Piedmont Lithium class action lawsuit. The Piedmont Lithium class action lawsuit (Skeels v. Piedmont Lithium Inc., No. 21-cv-04161) charges Piedmont Lithium and certain of its top executives with violations of the Securities Exchange Act of 1934. The Piedmont Lithium class action lawsuit was commenced on July 23, 2021 in the Eastern District of New York.

If you wish to serve as lead plaintiff of the Piedmont Lithium class action lawsuit, please provide your information by clicking here. You can also contact attorney J.C. Sanchez of Robbins Geller by calling 800/449-4900 or via e-mail at jsanchez@rgrdlaw.com. Lead plaintiff motions for the Piedmont Lithium class action lawsuit must be filed with the court no later than September 21, 2021.

CASE ALLEGATIONS: The Piedmont Lithium class action lawsuit alleges that, throughout the Class Period, defendants made false and misleading statements and failed to disclose that: (i) Piedmont Lithium has not, and would not, follow its stated steps or timeline to secure all proper and necessary permits; (ii) Piedmont Lithium failed to inform relevant people and governmental authorities of its actual plans; (iii) Piedmont Lithium failed to file proper applications with relevant governmental authorities (including state and local authorities); (iv) Piedmont Lithium and its lithium business does not have “strong local government support”; and (v) as a result, defendants’ public statements were materially false and/or misleading at all relevant times.

On July 20, 2021, Reuters published an article entitled “In push to supply Tesla, Piedmont Lithium irks North Carolina neighbors” which reported the following, among other things, regarding Piedmont Lithium’s regulatory issues in North Carolina: “The company, however, has not applied for a state mining permit or a necessary zoning variance in Gaston County, just west of Charlotte, despite telling investors since 2018 that it was on the verge of doing so. Five of the seven members of the county’s board of commissioners, who control zoning changes, say they may block or delay the project . . . .” On this news, Piedmont Lithium’s stock price fell nearly 20%, damaging investors.

THE LEAD PLAINTIFF PROCESS: The Private Securities Litigation Reform Act of 1995 permits any investor who purchased Piedmont Lithium securities during the Class Period to seek appointment as lead plaintiff in the Piedmont Lithium class action lawsuit. A lead plaintiff is generally the movant with the greatest financial interest in the relief sought by the putative class who is also typical and adequate of the putative class. A lead plaintiff acts on behalf of all other class members in directing the Piedmont Lithium class action lawsuit. The lead plaintiff can select a law firm of its choice to litigate the Piedmont Lithium class action lawsuit. An investor’s ability to share in any potential future recovery of the Piedmont Lithium class action lawsuit is not dependent upon serving as lead plaintiff.

ABOUT ROBBINS GELLER RUDMAN & DOWD LLP: With 200 lawyers in 9 offices nationwide, Robbins Geller Rudman & Dowd LLP is the largest U.S. law firm representing investors in securities class actions. Robbins Geller attorneys have obtained many of the largest shareholder recoveries in history, including the largest securities class action recovery ever – $7.2 billion – in In re Enron Corp. Sec. Litig. The 2020 ISS Securities Class Action Services Top 50 Report ranked Robbins Geller first for recovering $1.6 billion for investors last year, more than double the amount recovered by any other securities plaintiffs’ firm. Please visit https://www.rgrdlaw.com/firm.html for more information.

Attorney advertising.
Past results do not guarantee future outcomes.
Services may be performed by attorneys in any of our offices.

Contact:
Robbins Geller Rudman & Dowd LLP
655 W. Broadway, San Diego, CA 92101
J.C. Sanchez, 800-449-4900
jsanchez@rgrdlaw.com

At 6.6 Megawatts, the Installation is One of the Largest Commercial Solar Projects in Maine History

WAYNE, Pa., Aug. 26, 2021 /PRNewswire/ — Dynamic Energy Solutions, LLC today announced that it has achieved financial close and commenced construction of a 6.6 Megawatts (MW) DC ground-mounted solar array in Norridgewock, Maine. The project includes a landmark offtake agreement with Albertsons Companies, Inc. (NYSE: ACI), and it is one of the first and largest commercial solar installations in Maine's burgeoning solar market.

Once fully operational, the 6.6 MW system is expected to annually generate more than 8.5 million kilowatt hours of clean, renewable energy for many of Albertsons Cos. Shaw's store locations throughout the Central Maine Power utility territory.

"This system will not only provide the benefits of clean and renewable energy for Albertsons Companies, but also serves the future needs of Mainers by addressing the threats of climate change," said John Conley, Dynamic Energy's President (and Bath, Maine native). "Our team is proud to continue its development work in Maine and support the state's Renewable Portfolio Standard goal of 100% renewable electricity by 2050."

As one of the largest solar assets within Albertsons Cos.' portfolio of renewable energy sources, this agreement emphasizes the company's commitment to climate action. Earlier this year, Albertsons Cos. committed to setting a science-based target to reduce carbon emissions, and the company plans to leverage innovative partnerships, like that of Dynamic Energy and Soltage, to meet their climate goals.

"Delivering solar energy to our Shaw's stores in Maine aligns with Albertsons Companies' commitment to continue making a meaningful difference in our neighborhoods and reducing our climate impacts," said Suzanne Long, Group Vice President of Strategic Sourcing & ESG at Albertsons Companies. "This project with Dynamic Energy and Soltage represents a major step in working toward our science-based reduction goals."

Early in 2019, Dynamic Energy identified and secured an area of land based on key site criteria, while delivering the landowner a reliable and long-term annuity income stream. Consistent with Dynamic Energy's solar siting practices, the field underneath the panels includes a mix of grasses and flowers to maintain the ecology of the land for pollinators further enhancing the local benefits of the system.

After the land was secured, Dynamic Energy introduced its trusted finance partner Soltage, the national Independent Power Producer. In partnership with Soltage, Dynamic Energy has brought over 8 MWs of commercially operational solar capacity onto the grid.

"We're proud to blaze a trail in Maine's growing market, with our friends at Dynamic Energy," said Jesse Grossman, CEO and Co-Founder of Soltage. "It's critical to support American businesses as they move forward to adopt clean energy to decarbonize their operations, and we're happy to be part of their transition."

In addition to the development and disposition of the project, Dynamic Energy is also providing engineering, procurement, and construction (EPC) services for the project. Dynamic Energy is expected to complete construction, installation, and final commissioning in the fourth quarter of 2021.

About Dynamic Energy Solutions, LLC
Dynamic Energy is a full-service solar energy provider that brings together the diverse expertise needed to design, finance, build and maintain projects to meet the needs of commercial, industrial, and institutional customers. With an in-house team that includes professional engineers, project managers, development, procurement, and master electricians, Dynamic Energy creates high-quality projects that reduce customer expenses, improve operating efficiency, provide an attractive return on investment, and achieve sustainability goals. For more information, please visit www.dynamicenergy.com.

About Albertsons Companies, Inc.
Albertsons Companies is a leading food and drug retailer that operates stores across 34 states and the District of Columbia with more than 20 well-known banners including Albertsons, Safeway, Vons, Jewel-Osco, Shaw's, Acme, Tom Thumb, Randalls, United Supermarkets, Pavilions, Star Market, Haggen, Carrs, Kings Food Markets and Balducci's Food Lovers Market. The Company is committed to helping people across the country live better lives by making a meaningful difference, neighborhood by neighborhood. In 2020, along with the Albertsons Companies Foundation, the Company gave $260 million in food and financial support, including $95 million through our Nourishing Neighbors Program to ensure those living in our communities have enough to eat. Albertsons Companies also pledged $5 million to organizations supporting social justice. These efforts have helped millions of people in the areas of hunger relief, education, cancer research and treatment, social justice and programs for people with disabilities and veterans' outreach.

About Soltage
Soltage is a leader in the development, financing, and operation of distributed utility-scale solar assets for commercial, industrial and municipal customers across the United States. Soltage has developed more than 100 solar energy projects with more than 400 MW total distributed generating capacity under construction and management. Soltage is backed by a group of investors including Prudential Capital Group and is headquartered in Jersey City, New Jersey. For more information, visit www.soltage.com.

View original content to download multimedia:https://www.prnewswire.com/news-releases/dynamic-energy-and-soltage-partner-to-deliver-one-of-albertsons-companies-largest-solar-assets-301363553.html

SOURCE Dynamic Energy

Vancouver, British Columbia–(Newsfile Corp. – August 26, 2021) – Affinity Metals Corp. (TSXV: AFF) (the "Company") announces that it intends to extend the exercise term of certain outstanding warrants to purchase an aggregate of 6,000,000 common shares of the Company, 1,500,000 of which are held by directors and officers of the Company. These warrants were originally issued September 17, 2019 and are exercisable at a price of $0.15/share until September 17, 2021. The Company proposes to extend their term by one year such that the warrants will be exercisable until September 17, 2022 at an exercise price of $0.15/share. All other terms of the warrants will remain unchanged.

The proposed amendment to the term of the warrants is subject to approval by the TSX Venture Exchange.

On behalf of the Board of Directors

Robert Edwards
CEO and Director of Affinity Metals Corp.

Travis Steinke, Corporate Development Manager, can be contacted at: info@affinity-metals.com

Information relating to the Corporation is also available at: www.affinity-metals.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 information

All statements included in this press release that address activities, events or developments that the Company expects, believes or anticipates will or may occur in the future are forward-looking statements. These forward-looking statements involve numerous assumptions made by the Company based on its experience, perception of historical trends, current conditions, expected future developments and other factors it believes are appropriate in the circumstances. In addition, these statements involve substantial known and unknown risks and uncertainties that contribute to the possibility that the predictions, forecasts, projections and other forward-looking statements will prove inaccurate, certain of which are beyond the Company's control. Readers should not place undue reliance on forward-looking statements. Except as required by law, the Company does not intend to revise or update these forward-looking statements after the date hereof or revise them to reflect the occurrence of future unanticipated events.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/94581

RADNOR, PA / ACCESSWIRE / August 26, 2021 / The law firm of Kessler Topaz Meltzer & Check, LLP reminds investors of Piedmont Lithium Inc. f/k/a Piedmont Lithium Limited (NASDAQ:PLL, PLLL) ("Piedmont") that a securities fraud class action lawsuit has been filed on behalf of those who purchased or acquired Piedmont securities between March 16, 2018 and July 19, 2021, inclusive (the "Class Period").

Deadline Reminder: Investors who purchased or acquired Piedmont securitiesduring the Class Period may, no later than September 21, 2021, seek to be appointed as a lead plaintiff representative of the class. For additional information or to learn how to participate in this litigation please contact Kessler Topaz Meltzer & Check, LLP: James Maro, Esq. (484) 270-1453; toll free at (844) 887-9500; via e-mail atinfo@ktmc.com; orclick https://www.ktmc.com/piedmont-lithium-class-action-lawsuit?utm_source=PR&utm_medium=Link&utm_campaign=piedmont

Piedmont engages in the exploration and development of resource projects. Piedmont primarily holds a 100% interest in a lithium project covering 2,322 acres in the North Carolina. On May 17, 2021, in connection with Piedmont's redomiciliation from Australia to the United States, Piedmont's American Depositary Share ("ADS") holders received one share of Piedmont common stock for each ADS.

The Class Period commences on March 16, 2018, when Piedmont filed a Registration Statement on a Form 20-F. On June 14, 2018, Piedmont issued a press release entitled "PIEDMONT LITHIUM ANNOUNCES MAIDEN MINERAL RESOURCE" which stated, in part, its "strategy of building an integrated lithium processing business based on proven, conventional technologies and benefitting from the inherent advantages of Piedmont's strategic North Carolina location, including; … [s]trong local government support." Throughout the Class Period, Piedmont informed investors regarding its plan for completing necessary permitting and zoning activities required to commence mining and processing operations in North Carolina.

The truth began to emerge on July 20, 2021. Before market hours, Reuters published an article entitled "In push to supply Tesla, Piedmont Lithium irks North Carolina neighbors" which reported the following, in pertinent part, regarding Piedmont's regulatory issues in North Carolina: (1) Piedmont had not applied for a state mining permit or a necessary zoning variance in Gaston County, just west of Charlotte, despite telling investors since 2018 that it was on the verge of doing so; (2) five of the seven members of the county's board of commissioners, who control zoning changes, said they may block or delay the project; and (3) Piedmont had been set to meet with commissioners in March, but canceled with three days' notice, further straining the relationship.

Following this news, Piedmont shares fell $12.56 per share over the trading day, or nearly 20%, to close at $50.52 per share on July 20, 2021.

The complaint alleges that throughout the Class Period, the defendants made false and/or misleading statements and/or failed to disclose that: (1) Piedmont had not, and would not, follow its stated steps or timeline to secure all proper and necessary permits; (2) Piedmont failed to inform relevant people and governmental authorities of its actual plans; (3) Piedmont failed to file proper applications with relevant governmental authorities (including state and local authorities); (4) Piedmont and its lithium business did not have "strong local government support"; and (5) as a result, the defendants' public statements were materially false and/or misleading at all relevant times.

Piedmont investors may, no later than September 21, 2021, seek to be appointed as a lead plaintiff representative of the class through Kessler Topaz Meltzer & Check, LLP or other counsel, or may choose to do nothing and remain an absent class member. A lead plaintiff is a representative party who acts on behalf of all class members in directing the litigation. In order to be appointed as a lead plaintiff, the Court must determine that the class member's claim is typical of the claims of other class members, and that the class member will adequately represent the class. Your ability to share in any recovery is not affected by the decision of whether or not to serve as a lead plaintiff.

Kessler Topaz Meltzer & Check, LLP prosecutes class actions in state and federal courts throughout the country involving securities fraud, breaches of fiduciary duties and other violations of state and federal law. Kessler Topaz Meltzer & Check, LLP is a driving force behind corporate governance reform, and has recovered billions of dollars on behalf of institutional and individual investors from the United States and around the world. The firm represents investors, consumers and whistleblowers (private citizens who report fraudulent practices against the government and share in the recovery of government dollars). The complaint in this action was not filed by Kessler Topaz Meltzer & Check, LLP. For more information about Kessler Topaz Meltzer & Check, LLP please visit www.ktmc.com.

CONTACT:

Kessler Topaz Meltzer & Check, LLP
James Maro, Jr., Esq.
280 King of Prussia Road
Radnor, PA 19087
(844) 887-9500 (toll free)
info@ktmc.com

SOURCE: Kessler Topaz Meltzer & Check, LLP

View source version on accesswire.com:
https://www.accesswire.com/661479/PLL-Deadline-Alert-Kessler-Topaz-Meltzer-Check-LLP-Reminds-Investors-of-September-21-2021-Deadline-in-Securities-Fraud-Class-Action-Lawsuit

TORONTO, Aug. 25, 2021 (GLOBE NEWSWIRE) — Plato Gold Corp. (TSX-V: PGC; Frankfurt: 4Y7 or WKN: A0M2QX) is pleased to announce it has cut an additional 2,267 m of core from its 2018 diamond drill program on the Good Hope Niobium Project, located 45 km northwest of Marathon, Ontario.

Logging and sampling of the core is currently underway. To date, 2,115 samples have been sent to the Actlabs facility in Thunder Bay, Ontario for niobium analysis. The remaining 199 samples from the final 2 holes (PGH-18-10 and -10A) will be submitted for analysis by August 25, 2021.

All holes intersected zones of massive carbonatite within a brecciated system consisting of variably fenitized (altered) alkaline rocks (syenite to alkali feldspar granite) intruded by carbonatite dykes and crosscutting carbonatite veins. The drilling encompassed an area of approximately 500 m by 500 m with all holes drilled in a northwesterly direction. The nine completed drill holes ranged in length from 372 m to 672 m, testing the area to a vertical depth of between 285 m and 580 m.

2018 DRILL PROGRAM HIGHLIGHTS

Assay highlights from previous work conducted on the property include up to 1.466% niobium (Nb₂O₅) and 11.52% phosphorus (P₂O₅) from sampling of the original surface pits in 2014 and up to 0.950% Nb₂O₅ and 6.20% P₂O₅ over 1.1 m in core sampling by Plato Gold during its initial diamond drilling program in 2018 (Giroux 2018). Other significant results from the 2018 program, which consisted of 5016 m of HQ diameter drilling in 10 holes, are provided in the table above.

Exploration planning and ongoing review of all historical data indicated that additional sampling of the drill core was warranted. Ultraviolet (UV) scanning of the recently cut drill core has indicated a high percentage of apatite in unsampled sections, which is closely associated with the niobium-rich pyrochlores, that was previously not examined because of budgetary constraints.

The Good Hope Property is a discrete carbonatite complex located northwest of the Prairie Lake Carbonatite Complex. The Good Hope carbonatites are host to niobium mineralization which occurs principally as pyrochlore-apatite clasts within a carbonatite breccia. The carbonatites are distinct in their mineralogy from the nearby Prairie Lake Complex.

The Company is planning a high-resolution magnetic and radiometric airborne geophysical survey over the Good Hope Property prior to initiating a phase 2 diamond drilling program.

The technical information found within this news release has been reviewed and approved by Gerald D. White, B.Sc., P.Geo., a qualified person (QP) for the purposes of NI 43-101.

About Plato Gold Corp.

Plato Gold Corp. is a Canadian exploration company listed on the TSX Venture Exchange and Frankfurt Exchange with projects in Timmins Ontario, Marathon Ontario, and Santa Cruz, Argentina.

The Timmins Ontario project includes 4 properties: Guibord, Harker, Holloway and Marriott in the Harker/Holloway gold camp located east of Timmins, Ontario with a focus on gold.

In Argentina, Plato owns a 95% interest in Winnipeg Minerals S.A. (“WMSA”), an Argentina incorporated company that holds a number of contiguous mineral rights totalling 9,672 hectares with potential for gold and silver.

The Good Hope Niobium Project consists of approximately 5,146 hectares in Killala Lake Area and Cairngorm Lake Area Townships, near Marathon Ontario with the primary target being niobium.

The Pic River Platinum Group Metals (PGM) Project consists of 2,247 hectares in Foxtrap Lake and Grain Township, near Marathon Ontario of which 19 claims are contiguous to the western boundary of Generation Mining’s Marathon PGM project and is located on strike to Generation Mining’s Sally deposit.

For additional company information, please visit www.platogold.com.

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OF THIS RELEASE.

For further information, please contact:

Anthony Cohen
President and CEO
Plato Gold Corp.
T: 416-968-0608
F: 416-968-3339
info@platogold.com
www.platogold.com

Forward-Looking Statements

This news release contains “forward-looking statements”, within the meaning of applicable securities laws. These statements include, but are not limited to, statements regarding the potential mineralization and resources, exploration results, concentrations of pay minerals that may offset operating costs and future plans and objectives. These forward-looking statements are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information. Risks that could change or prevent these statements from coming to fruition include but are not limited to: changing costs for mining and processing; increased capital costs; the timing and content of upcoming work programs; geological interpretations based on drilling that may change with more detailed information; potential process methods and mineral recoveries assumption based on limited test work and by comparison to what are considered analogous deposits that with further test work may not be comparable; testing of our process may not prove successful and even it tests are successful, the economic and other outcomes may not be as expected; the availability of labour, equipment and markets for the products produced; and conditions changing such that the minerals on our property cannot be economically mined, or that the required permits cannot be obtained. Although management of Plato has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The forward-looking information contained herein is given as of the date hereof and the Company assumes no responsibility to update or revise such information to reflect new events or circumstances, except as required by law.

VANCOUVER, British Columbia, Aug. 25, 2021 (GLOBE NEWSWIRE) — American Lithium Corp. (“American Lithium” or the “Company”) (TSX-V:LI | OTCQB:LIACF | Frankfurt:5LA1) is pleased to announce the highest lithium extraction results to date, achieving 97.4% extraction utilizing warm sulfuric acid leach on Tonopah Lithium Claims (“TLC”) claystone mineralization.

Highlights:

• Latest TLC test work run by TECMMINE in Lima, Peru has achieved 97.4% lithium extraction using warm sulfuric acid leach, the highest results achieved to date from any recovery process.

• On-going test work for the sulfuric acid process route will continue to be optimized by varying leach time, acid concentration, temperature, solid-liquid ratios and grind/particle size.

• Metallurgical work on the TLC claystone mineralization continues to demonstrate amenability to three process options to extract lithium:

  • i) leaching with sulfuric acid (H₂SO₄) at 90°C (97.4% extraction);

  • ii) salt roasting followed by water leaching (initial 82% extraction); and

  • iii) leaching with hydrochloric acid (HCl) at 90°C (initial 95.1% extraction).

• Continued metallurgical work will aim to take each processing option through to the lithium carbonate and/or lithium hydroxide precipitation stage and to focus on optimizing all 3 processing options and related flow-sheet designs.

• Thereafter, the Company will select the best option to enable a robust Preliminary Economic Assessment (“PEA”) with economic benefits maximized and environmental impacts minimized.

Dr. Laurence Stefan, COO of American Lithium, stated, “We are pleased to have achieved the highest lithium extraction to date from TLC using simple sulfuric acid processing with almost the entire amount of lithium available extracted into sulfate solution. We continue to focus on optimizing the best process routes from both economic and environmental perspectives and, thereafter, to advance TLC through PEA towards future development.”

TLC Process Update
Process work has previously demonstrated that TLC claystones are amenable to rapid lithium extraction using warm sulfuric acid leaching, reaching 92% lithium extraction in 10 minutes. In addition, up to 82% lithium extraction has been achieved using salt roasting followed by water leaching (refer to previous news release, dated June 29, 2021). The latest test work run at TECMMINE achieved 97.4% lithium extraction into sulfate solution using H₂SO₄ at temperatures of 90⁰C with 60-minute leaching.

Optimization test work will continue into Fall 2021 using all three potential process options: hydrochloric acid, sulfuric acid as well as salt roasting/water leaching. American Lithium is committed to producing a world class process to supply cost competitive lithium products in an environmentally sound manner.

Stock Option Grant
The Company also announces the granting, subject to regulatory acceptance, of 500,000 incentive stock options to an advisor / consultant of the Company (the “Options”). The Options have a term of 5 years and are exercisable at a price of $1.81 per common share.

Qualified Persons
Mr. Ted O’Connor, P.Geo., a Director of American Lithium, and a Qualified Person as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects, has reviewed and approved the scientific and technical geological information contained in this news release.

About American Lithium
American Lithium, a member of the TSX Venture 50, is actively engaged in the acquisition, exploration and development of lithium projects within mining-friendly jurisdictions throughout the Americas. The Company is currently focused on enabling the shift to the new energy paradigm through the continued exploration and development of its strategically located TLC lithium claystone project in the richly mineralized Esmeralda lithium district in Nevada as well as continuing to advance its Falchani lithium and Macusani uranium development projects in southeastern Peru. Both Falchani and Macusani have been through preliminary economic assessments, exhibit strong additional exploration potential and are situated near significant infrastructure.

The TSX Venture 50 is a ranking of the top performers in each of 5 industry sectors in the TSX Venture Exchange over the last year.

For more information, please contact the Company at info@americanlithiumcorp.com or visit our website at www.americanlithiumcorp.com for project update videos and related background information.

Follow us on Facebook, Twitter and LinkedIn.

On behalf of the Board of Directors of American Lithium Corp.

“Simon Clarke”

CEO & Director

Tel: 604 428 6128

For further information, please contact:

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 press release.

Cautionary Statement Regarding Forward Looking Information
This news release contains certain forward-looking information and forward-looking statements (collectively “forward-looking statements”) within the meaning of applicable securities legislation. All statements, other than statements of historical fact, are forward-looking statements. Forward-looking statements in this news release include, but are not limited to, statements regarding the plans, objectives and advancement of the TLC, Falchani and Macusani Projects (the “Projects”), exploration drilling plans, in-fill and expansion drilling plans, results of exploration and development plans, expansion of resources and testing of new deposits, environmental and social community permitting, and any other statements regarding the business plans, expectations and objectives of American Lithium. Forward-looking statements are frequently identified by such words as "may", "will", "plan", "expect", "anticipate", "estimate", "intend", “indicate”, “scheduled”, “target”, “goal”, “potential”, “subject”, “efforts”, “option” and similar words, or the negative connotations thereof, referring to future events and results. Forward-looking statements are based on the current opinions and expectations of management are not, and cannot be, a guarantee of future results or events. Although American Lithium believes that the current opinions and expectations reflected in such forward-looking statements are reasonable based on information available at the time, undue reliance should not be placed on forward-looking statements since American Lithium can provide no assurance that such opinions and expectations will prove to be correct. All forward-looking statements are inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including risks, uncertainties and assumptions related to: American Lithium’s ability to achieve its stated goals, including the anticipated benefits of the acquisition of Plateau Energy Metals Inc. (“Plateau”); the estimated costs associated with the advancement of the Projects; risks and uncertainties relating to the COVID-19 pandemic and the extent and manner to which measures taken by governments and their agencies, American Lithium or others to attempt to reduce the spread of COVID-19 could affect American Lithium, which could have a material adverse impact on many aspects of American Lithium’s businesses including but not limited to: the ability to access mineral properties for indeterminate amounts of time, the health of the employees or consultants resulting in delays or diminished capacity, social or political instability in Peru which in turn could impact American Lithium’s ability to maintain the continuity of its business operating requirements, may result in the reduced availability or failures of various local administration and critical infrastructure, reduced demand for the American Lithium’s potential products, availability of materials, global travel restrictions, and the availability of insurance and the associated costs; risks related to the certainty of title to the properties of American Lithium, including the status of the “Precautionary Measures” filed by American Lithium’s subsidiary Macusani Yellowcake S.A.C. (“Macusani”), the outcome of the administrative process, the judicial process, and any and all future remedies pursued by American Lithium and its subsidiary Macusani to resolve the title for 32 of its concessions; risks regarding the ongoing Ontario Securities Commission regulatory proceedings; the ongoing ability to work cooperatively with stakeholders, including but not limited to local communities and all levels of government; the potential for delays in exploration or development activities due to the COVID-19 pandemic; the interpretation of drill results, the geology, grade and continuity of mineral deposits; the possibility that any future exploration, development or mining results will not be consistent with our expectations; risks that permits will not be obtained as planned or delays in obtaining permits; mining and development risks, including risks related to accidents, equipment breakdowns, labour disputes (including work stoppages, strikes and loss of personnel) or other unanticipated difficulties with or interruptions in exploration and development; risks related to commodity price and foreign exchange rate fluctuations; risks related to foreign operations; the cyclical nature of the industry in which American Lithium operates; risks related to failure to obtain adequate financing on a timely basis and on acceptable terms or delays in obtaining governmental approvals; risks related to environmental regulation and liability; political and regulatory risks associated with mining and exploration; risks related to the uncertain global economic environment and the effects upon the global market generally, and due to the COVID-19 pandemic measures taken to reduce the spread of COVID-19, any of which could continue to negatively affect global financial markets, including the trading price of American Lithium’s shares and could negatively affect American Lithium’s ability to raise capital and may also result in additional and unknown risks or liabilities to American Lithium. Other risks and uncertainties related to prospects, properties and business strategy of American Lithium are identified in the “Risks and Uncertainties” section of Plateau’s Management’s Discussion and Analysis filed on January 19, 2021, in the “Risk Factors” section of American Lithium’s Management’s Discussion and Analysis filed on January 29, 2021, and in recent securities filings available at www.sedar.com. Actual events or results may differ materially from those projected in the forward-looking statements. American Lithium undertakes no obligation to update forward-looking statements except as required by applicable securities laws. Investors should not place undue reliance on forward-looking statements.

Cautionary Note Regarding Macusani Concessions
Thirty-two of the 151 concessions held by American Lithium’s subsidiary Macusani, are currently subject to Administrative and Judicial processes (together, the “Processes”) in Peru to overturn resolutions issued by INGEMMET and the Mining Council of MINEM in February 2019 and July 2019, respectively, which declared Macusani’s title to 32 of the concessions invalid due to late receipt of the annual validity payments. In November 2019, Macusani applied for injunctive relief on 32 concessions in a Court in Lima, Peru and was successful in obtaining such an injunction on 17 of the concessions including three of the four concessions included in the Macusani Uranium Project PEA. The grant of the Precautionary Measure (Medida Cautelar) has restored the title, rights and validity of those 17 concessions to Macusani until a final decision is obtained at the last stage of the judicial process. A Precautionary Measure application was made at the same time for the remaining 15 concessions and was ultimately granted by a Court in Lima, Peru on March 2, 2021 which has also restored the title, rights and validity of those 15 remaining concessions to Macusani, with the result being that all 32 concessions are now protected by Precautionary Measure (Medida Cautelar) until a final decision on this matter is obtained at the last stage of the judicial process. A final date for the last stage of the judicial process has not yet been set. If American Lithium’s subsidiary Macusani does not obtain a successful resolution of the Processes, its title to the concessions could be revoked.

HALIFAX, NS, Aug. 25, 2021 /PRNewswire/ – GoGold Resources Inc. (TSX: GGD) (OTCQX: GLGDF) ("GoGold", "the Company") is pleased to release the results of 6 diamond drill holes from the El Orito area in its Los Ricos North project. Hole LRGO-21-062 intersected 1.2m of 1,197 g/t silver equivalent ("AgEq") contained within 73.7m of 101 g/t AgEq (See Table 1 for details including breakdown of zinc, silver and gold values).

The Company completed an Induced Polarization ("IP") geophysical survey to map out the sulphide rich zone along strike and down dip. Hole LRGO-21-062 and LRGO-21-059 were drilled because of the IP survey, as surface samples taken in that area did not produce strong results, while the IP survey indicated a strong chargeability target. The geophysical survey is continuing eastwards showing a strong target in the El Favor east zone where drilling results are awaited.

"We continue to see strong results from the El Orito zone, and similar to Casados and La Trini we are approaching data cut off for the calculation of the initial resource at the El Orito zone," said Brad Langille, President and CEO. "We continue drilling at El Favor east, Mololoa and El Nayar, which we believe will greatly strengthen the initial resource to be published in Los Ricos North."

Table 1: Drill Hole Intersections

The holes that the Company has drilled to date at El Orito have shown mineralization averaging approximately 30m in width for more than 700m in strike length and up to approximately 300m in vertical depth from surface and is open in all directions. The El Orito deposit is located about 1,000 meters to the west along strike from the El Favor deposit. The Company's exploration team is mapping, sampling, and surveying with IP geophysics to potentially connect the two deposits. The El Orito deposit may be unique in the Los Ricos district as it is the deeper part of the system where silver and base metals are present, while the other targets in the system to date have shown primarily silver and gold mineralization.

The known strike length of the El Orito – El Favor structure is now approaching 2,500 meters and is still open in both directions. The surface topography at El Orito is 400 to 500m lower compared to El Favor and is allowing the exploration team to see this large, mineralized structure over a vertical height of 750 meters when measured from the surface outcrops at El Favor to the intersections in the El Orito drill holes.

Figure 1: Favor-Orito Long Section

Table 2: Drill Hole Locations

Figure 2: El Orito Long Section – Grade Thickness (GT) Equivalent

Figure 3: El Orito Drill Hole Locations

Figure 4: Plan View – La Trini to El Favor Area of Los Ricos North

VRIFY Slide Deck and 3D Presentation

VRIFY is a platform being used by companies to communicate with investors using 360° virtual tours of remote mining assets, 3D models and interactive presentations. VRIFY can be accessed by website and with the VRIFY iOS and Android apps.

Access the GoGold Company Profile on VRIFY at: https://vrify.com

The VRIFY Slide Deck and 3D Presentation for GoGold can be viewed at: https://vrify.com/explore/decks/9404 and on the Company's website at: www.gogoldresources.com.

Los Ricos District Exploration Projects
The Company's two exploration projects at its Los Ricos property are in Jalisco state, Mexico. The Los Ricos South Project began in March 2019 and an initial resource was announced on July 29, 2020 which indicated a Measured & Indicated Mineral Resource of 63.7 million ounces AgEq grading 199 g/t AgEq contained in 10.0 million tonnes, and an Inferred Resource of 19.9 million ounces AgEq grading 190 g/t AgEq contained in 3.3 million tonnes. An initial PEA on the project was announced on January 20, 2021 indicating an NPV_5% of US$295M.

The Los Ricos North Project was launched in March 2020 and includes drilling at the El Favor, La Trini, Casados and El Orito targets. During 2020, GoGold's exploration team identified over 100 targets on the Los Ricos North properties, demonstrating the significant exploration potential. The Company plans to drill 10 of these targets as part of its 2021 drilling program which is planned to exceed 100,000 metres of drilling and will be one of the largest in Mexico.

Procedure, Quality Assurance / Quality Control and Data Verification
The diamond drill core (HQ size) is geologically logged, photographed and marked for sampling. When the sample lengths are determined, the full core is sawn with a diamond blade core saw with one half of the core being bagged and tagged for assay. The remaining half portion is returned to the core trays for storage and/or for metallurgical test work.

The sealed and tagged sample bags are transported to the ActLabs facility in Zacatecas, Mexico. ActLabs crushes the samples and prepares 200-300 gram pulp samples with ninety percent passing Tyler 150 mesh (106μm). The pulps are assayed for gold using a 50-gram charge by fire assay (Code 1A2-50) and over limits greater than 10 grams per tonne are re-assayed using a gravimetric finish (Code 1A3-50). Silver and multi-element analysis is completed using total digestion (Code 1F2 Total Digestion ICP). Over limits greater than 100 grams per tonne silver are re-assayed using a gravimetric finish (Code 8-Ag FA-GRAV Ag).

Quality assurance and quality control ("QA/QC") procedures monitor the chain-of-custody of the samples and includes the systematic insertion and monitoring of appropriate reference materials (certified standards, blanks and duplicates) into the sample strings. The results of the assaying of the QA/QC material included in each batch are tracked to ensure the integrity of the assay data. All results stated in this announcement have passed GoGold's QA/QC protocols.

Mr. David Duncan, P. Geo. is the qualified person as defined by National Instrument 43-101 and is responsible for the technical information of this release.

About GoGold Resources
GoGold Resources (TSX: GGD) is a Canadian-based silver and gold producer focused on operating, developing, exploring and acquiring high quality projects in Mexico. The Company operates the Parral Tailings mine in the state of Chihuahua and has the Los Ricos South and Los Ricos North exploration projects in the state of Jalisco. Headquartered in Halifax, NS, GoGold is building a portfolio of low cost, high margin projects. For more information visit gogoldresources.com.

CAUTIONARY STATEMENT:
The securities described herein have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act"), or any state securities laws, and may not be offered or sold within the United States or to, or for the benefit of, U.S. persons (as defined in Regulation S under the U.S. Securities Act) except in compliance with the registration requirements of the U.S. Securities Act and applicable state securities laws or pursuant to exemptions therefrom. This release does not constitute an offer to sell or a solicitation of an offer to buy of any of GoGold's securities in the United States.

This news release may contain "forward-looking information" as defined in applicable Canadian securities legislation. All statements other than statements of historical fact, included in this release, including, without limitation, statements regarding the Los Ricos South and North projects, and future plans and objectives of GoGold, including the intention to undertake further exploration at Los Ricos North, and the prospect of further discoveries there, constitute forward looking information that involve various risks and uncertainties. Forward-looking information is based on a number of factors and assumptions which have been used to develop such information but which may prove to be incorrect, including, but not limited to, assumptions in connection with the continuance of GoGold and its subsidiaries as a going concern, general economic and market conditions, mineral prices, the accuracy of mineral resource estimates, and the performance of the Parral project. There can be no assurance that such information will prove to be accurate and actual results and future events could differ materially from those anticipated in such forward-looking information.

Important factors that could cause actual results to differ materially from GoGold's expectations include exploration and development risks associated with GoGold's projects, the failure to establish estimated mineral resources or mineral reserves, volatility of commodity prices, variations of recovery rates, and global economic conditions. For additional information with respect to risk factors applicable to GoGold, reference should be made to GoGold's continuous disclosure materials filed from time to time with securities regulators, including, but not limited to, GoGold's Annual Information Form. The forward-looking information contained in this release is made as of the date of this release.

View original content to download multimedia:https://www.prnewswire.com/news-releases/gogold-drills-1-197-gt-ageq-over-1-2m-within-73-7m-of-101-gt-ageq-at-el-orito-in-los-ricos-north-301362353.html

SOURCE GoGold Resources Inc.

A month has gone by since the last earnings report for Southern Copper (SCCO). Shares have lost about 3% in that time frame, underperforming the S&P 500.

Will the recent negative trend continue leading up to its next earnings release, or is Southern Copper due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers.

Southern Copper Q2 Earnings Beat Estimates, Up Y/Y

Southern Copper reported second-quarter 2021 earnings of $1.21 per share, which beat the Zacks Consensus Estimate of $1.15. The whopping 256% year-over-year improvement was primarily driven by higher metal prices and the company’s efforts to improve cost efficiency and productivity.
 
Net sales were $2,897 million, up 62% year over year. The top line beat the Zacks Consensus Estimate of $2,826 million. Revenues were mainly driven by higher metal prices for copper (81.8%), molybdenum (68.6%), silver (61.9%), zinc (48.3%) and gold (6.2%).

Operating cash cost per pound of copper, including by-product revenue credits, was 59 cents the second quarter, up 11.5% from 66 cents reported in the year ago quarter. Total operating costs inched up 0.9% year over year to $986 million. Operating profit soared 190% to $1,675 million on higher sales. Operating margin in the reported quarter was 57.8% compared with 32.3% in the prior-year quarter. Adjusted EBITDA soared 142% year over year to $1,862 million in second-quarter 2021. Adjusted EBITDA margin was 64.3% compared with the year-ago quarter figure of 43.1%.

Operating Highlights

Copper: Southern Copper mined 237,110 tons of copper during the reported quarter, down 6.3% year over year. Decline in ore grades, due to stripping and maintenance works that were carried out this year after being postponed in 2020 on account of the COVID 19 pandemic, weighed on production numbers in the quarter.
The company expects copper production in 2021 to be around 960,000 tons.

Molybdenum: The company mined 6,982 tons of molybdenum during the reported quarter, reflecting a year-over-year drop of 10.8%. Higher production at Cuajone and La Caridad were offset by lower output at both the Toquepala and Buenavista mines.

Zinc: The company’s zinc production rose 8.9% year over year to 17,111 tons in the quarter under review. Higher production at both the Charcas mine and the San Martin mine was partially offset by lower production at the Santa Barbara mine.

Silver: Southern Copper’s silver production decreased 16.1% year over year to 4,644,000 ounces due to lower production at Buenavista, IMMSA and Toquepala operations.

Financials

Southern Copper generated net cash from operating activities of $1,061.5 million in the second quarter of 2021 compared with $419.3 million in the prior-year quarter. Cash and cash equivalents were at $2,394 million at the end of the second quarter, up from $2,183 million as of 2020 end. Long-term debt was $6,546 million at the quarter end compared with $6,544 million as of 2020 end. The company made capital investments worth $220 million during the quarter under review.

How Have Estimates Been Moving Since Then?

It turns out, estimates revision have trended upward during the past month.

VGM Scores

Currently, Southern Copper has a strong Growth Score of A, though it is lagging a lot on the Momentum Score front with a D. However, the stock was allocated a grade of B on the value side, putting it in the second quintile for this investment strategy.

Overall, the stock has an aggregate VGM Score of B. If you aren't focused on one strategy, this score is the one you should be interested in.

Outlook

Estimates have been trending upward for the stock, and the magnitude of this revision looks promising. Notably, Southern Copper has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months.

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These are the top dividend stocks in the Russell 1000 with the highest forward dividend yield for September.

By Marco Aquino

LIMA, Aug 25 (Reuters) – Peru is asking help from mining companies Las Bambas, of China's MMG Ltd , and Grupo Mexico's Southern Copper to build a rail system from a mineral-rich Andean zone to the country's central Pacific coast, Mining Minister Ivan Merino said in an interview.

Representatives of both companies said they were open to discussing participation in the railroad, which would be used to transport both commodities and people. Peru is already the world's No. 2 copper producer, and the country's new government want to further develop the sector.

The railway, in the technical evaluation stage and with construction scheduled to start in 2023, would start in Cusco or Apurimac and go to the port of Marcona, Merino told Reuters in an interview late on Tuesday.

"The cost of the project is being evaluated," the minister said, adding that the train should be ready to roll in 2028.

Peru's southern Andean region has large mines such as MMG's Las Bambas and Grupo Mexico's Los Chancas.

Las Bambas produces an average 350,000 tonnes of copper per year and Los Chancas is a $2.6 billion project, currently in the environmental impact study phase. Southern Copper plans to produce 100,000 tonnes of copper per year at the site.

"They are part of the project," Merino said.

Asked about the plan, Southern Copper Vice President of Finance Raul Jacob said that he had discussed the train proposal with Merino.

"We consider it an interesting project that must be carefully evaluated," he told Reuters in a written message.

MMG 's corporate affairs manager, Maggie Qin, said in an email that Las Bambas is aware of the railway plan.

"We are willing to work closely with the government and help it when and where it is needed," she said.

Australia-based MMG is a subsidiary of Chinese state-owned enterprise China Minmetals Corp.

(Reporting by Marco Aquino, writing by Hugh Bronstein)

Cleveland-Cliffs (CLF) reached a significant support level, and could be a good pick for investors from a technical perspective. Recently, CLF broke through the 20-day moving average, which suggests a short-term bullish trend.

A well-liked tool among traders, the 20-day simple moving average offers a look back at a stock's price over a 20-day period. This is very beneficial to short-term traders, as it smooths out short-term price trends and gives more trend reversal signals than longer-term moving averages.

Like other SMAs, if a stock's price is moving above the 20-day, the trend is considered positive. When the price falls below the moving average, it can signal a downward trend.

CLF has rallied 11.3% over the past four weeks, and the company is a Zacks Rank #1 (Strong Buy) at the moment. This combination suggests CLF could be on the verge of another move higher.

Looking at CLF's earnings estimate revisions, investors will be even more convinced of the bullish uptrend. There have been 2 revisions higher for the current fiscal year compared to none lower, and the consensus estimate has moved up as well.

With a winning combination of earnings estimate revisions and hitting a key technical level, investors should keep their eye on CLF for more gains in the near future.

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ClevelandCliffs Inc. (CLF) : Free Stock Analysis Report

To read this article on Zacks.com click here.

Global crude steel production rose in July despite a slump in output from top producer China as Beijing stepped up measures to cut production aimed at cleaning up the environment.  Production increased across other major steel-producing countries for the reported month with the United States and Japan seeing the biggest gains.

According to the latest World Steel Association (“WSA”) report, crude steel production for 64 reporting nations expanded 3.3% year over year to 161.7 million tons (Mt) in July. Production rose across most regions in the reported month.

China Output Slips on Production Restrictions

Crude steel production from China fell in the reported month on government’s efforts to control production to reduce carbon emissions. Per the WSA, production in China, which accounts for more than half of the global steel output, went down 8.4% year over year to 86.8 Mt in July.

Beijing is looking to reduce steel output this year from record levels witnessed in 2020. The production restrictions this year are aimed at reducing air pollution and controlling costs of raw materials including iron ore. China has been pushing steel mills in the country since June to implement output and capacity curbs to comply with the norms to cut carbon emissions. The steel sector is among the biggest sources of carbon emissions in China, accounting for roughly 15% of national carbon emissions.

China’s steel output topped 1 billion tons in 2020 following a production ramp-up on a strong rebound in domestic demand, driven by government investment in property and infrastructure. Output from the country hit a record high of 99.5 Mt in May 2021 on the back of firm domestic demand and healthy profit margins at mills, before retreating to 93.9 Mt in June. Production climbed 11.8% year over year to 563.3 Mt in the first half of 2021, per WSA.

Production curbs are expected to keep China’s steel output levels under check in the coming months. Output is also likely to be capped by an expected softening of steel demand in the country, partly resulting from a slowdown in the construction sector.

How Other Major Producers Fared in July?

Among the other major Asian producers, India — the second-largest producer — saw a 13.3% rise in production to 9.8 Mt in July. Steel demand is picking up in the country on a revival in economic activities with the lifting of lockdowns and restrictions imposed by state governments to stem the rapid spread of the virus amid the deadly second wave.

Production in Japan jumped 32.5% to 8 Mt in the reported month. Output rose for the fifth straight month as steel makers in the country are seeing a rebound in industrial demand from the pandemic-led slump. Crude steel output in South Korea also rose 10.8% to 6.1 Mt. Consolidated output went down 2.5% to 116.4 Mt in Asia and Oceania.

In North America, crude steel production climbed 37.9% to 7.5 Mt in the United States in July. The pandemic-induced demand destruction forced U.S. steel mills to curtail production and idle operations with capacity utilization slumping to a multi-year lows during the first half of 2020. However, demand has rebounded with the resumption of operations across major steel-consuming sectors, leading to an uptick in capacity utilization and domestic steel production. U.S. capacity utilization rate broke above the important 80% level in May 2021 for the first time since the start of the pandemic in March 2020, and is currently hovering above that level. Overall production in North America jumped 36% to roughly 10.2 Mt.  

In the Europe Union (EU), production from Germany, the biggest producer in the region, climbed 24.7% to 3 Mt. Total output was up 30.3% in the EU to around 13 Mt.

Production in the Middle East rose 9.2% to 3.6 Mt in July. Iran, the top producer in the region, saw a 9% rise to 2.6 Mt. Africa recorded a 36.9% surge to 1.3 Mt.

Among other notable producers, output from Turkey increased 2.5% to 3.2 Mt. Output from Brazil, the largest producer in South America, went up 14.5% to 3 Mt in July.

Steel Industry Booming on Surging Prices, Demand

The steel industry is currently enjoying a boom after being rattled by the fallout from the pandemic last year, thanks to a strong revival in demand and record-high steel prices.

Coronavirus-induced demand destruction wreaked havoc on the steel industry for much of the first half of last year. However, strong pent-up demand and skyrocketing steel prices have pulled the industry out of its funk. Steel demand is on an upswing with the resumption of operations across major sectors such as automotive, construction and machinery following easing of lockdowns and restrictions across the word. Demand remains robust across construction and manufacturing sectors.

Steel prices have also witnessed an unprecedented surge this year underpinned by strong underlying supply and demand fundamentals. U.S. steel prices are on a tear on an upturn in demand, tight supply, higher raw material costs and low steel supply-chain inventories.

The benchmark hot-rolled coil (“HRC”) prices have shot up more than four-fold from the lows witnessed in August 2020. HRC prices have broken above the $1,900 per short ton level as the upward momentum continues. A prime reason behind the spurt in U.S. steel prices is the demand-supply imbalance. Higher prices are likely to act as a catalyst and drive margins of steel companies through the balance of 2021.

Steel Stocks Worth a Look

A few stocks currently worth a look in the steel space are ArcelorMittal MT, Nucor Corporation NUE, United States Steel Corporation X, Olympic Steel, Inc. ZEUS and Schnitzer Steel Industries, Inc. SCHN, each sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

ArcelorMittal has expected earnings growth rate of 1,731.2% for the current year. The Zacks Consensus Estimate for the company’s current-year earnings has been revised 53.4% upward over the last 60 days. The stock has also rallied roughly 181% over a year.

Nucor has expected earnings growth rate of 489.2% for the current year. The consensus estimate for the current year has been revised 33.8% upward over the last 60 days. It has seen its shares surge around 171% over the past year.

U.S. Steel has expected earnings growth rate of 349.3% for the current year. The Zacks Consensus Estimate for the current year has been revised 21.5% upward over the last 60 days. The stock has also shot up roughly 254% over the past year.

Olympic Steel has expected earnings growth rate of 2,362.2% for the current year. The consensus estimate for the current year has been revised 72.2% upward over the last 60 days. The stock has also surged roughly 162% over the past year.

Schnitzer Steel has expected earnings growth rate of 1,253.5% for the current fiscal year. The consensus estimate for the current fiscal has been revised 8.8% upward over the last 60 days. The stock has also surged around 153% over a year.
 

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VANCOUVER, BC, Aug. 25, 2021 /CNW/ – The following issues have been halted by IIROC:

Company: Sirios Resources Inc.

TSX-Venture Symbol: SOI

All Issues: Yes

Reason: At the Request of the Company Pending News

Halt Time (ET): 3:27 PM

IIROC can make a decision to impose a temporary suspension (halt) of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. IIROC is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada.

SOURCE Investment Industry Regulatory Organization of Canada (IIROC) – Halts/Resumptions

View original content: http://www.newswire.ca/en/releases/archive/August2021/25/c3420.html

Kirkland Lake, Ontario–(Newsfile Corp. – August 25, 2021) – RJK Explorations Ltd. (TSXV: RJX.A) (OTC Pink: RJKAF) Dr. Charles Fipke's lab, CF Mineral Research (CFM) in Kelowna, British Columbia, is analysing 12.2 tons of kimberlite of diamond drill core, surface excavation samples and reverse circulation drilling that Microlithics in Thunder Bay Ontario and CFM of Kelowna BC processed over the past 9 months, from 7 different kimberlites discovered.

Kimberlite indicator minerals (KIMs) were concentrated and tested, returning materially important results. KIM grain determinations were identified that commonly derive from kimberlite sources originating in the "diamond stability field." The diamond stability field is located from depths of about 200 km in the earth at the lower boundary of the continental lithosphere with the convecting mantle. The heavy mineral concentrates were probed and classified into 6 diamond indicator minerals: chromite, high manganese ilmenite, peridotitic pyroxene, clinopyroxene, eclogitic garnet and peridotitic garnet. Of the grains mounted for electron-microprobe analysis: diamond inclusion olivine forsterites, G10-2 peridotitic garnets, diamond inclusion G11 garnets, diamond inclusion clinopyroxenes, and diamond inclusion chromites, all formed in the diamond stability field were found. Further analysis was requested by Dr. Fipke of the picro-ilmenite chemistry to determine the degree of oxidation in the kimberlite magma to determine resorption of microdiamonds. CFM is also performing additional picking of the kimberlite indicator minerals from our largest kimberlite, HSM, requested by Dr. Fipke and once the picking and probing is done, RJK will receive the final report from CFM.

Dr. Fipke has requested more material from the Nicol Kimberlite discovery, specifically due to the unique diamond inclusion forsterites recovered so far, which have similar whole rock chemistry to forsterites from other diamond deposits analysed by CFM. The RC sample RJK recovered from Nicol Lake was only 56 kg. This particular kimberlite is of historical note, as Bernard Baruch's brothers, one of whom was also his business partner, and also his best friend, Richard P. Lydon, staked claims on either side of the lake, in February, 1907, shortly after it was reported that Tiffany and Co were sending a geological team to search for diamonds west of Lake Temiskaming.

RJK's Project Manager, Peter Hubacheck stated, "Based on initial discussions with Dr. Fipke regarding the chemical analysis of RJK's Lorrain Township kimberlite discoveries, it is possible that large diamonds, such as the Nipissing Diamond, could have originated from these kimberlites. The similar textures observed in drill core and consistent kimberlite emplacement geometry above the bedrock, but below the shallow overburden, suggests one eruptive event. However, the indicator mineral analyses discovered are not homogenous comparing the seven kimberlites, suggesting each kimberlite is different geochemically from one and other. We intend to update shareholders on our next steps after the complete report is delivered, and the indicator mineral charts have been created. Dr. Jim Renaud has been contracted to plot the indicator mineral analysis for all seven kimberlites, using the new data. Our intention is to determine the locations with the highest probability for finding large diamonds, and take statistically significant-sized samples to determine the diamond potential of our discoveries within the "Historic Cobalt Mining Camp."

Considering the scale, and number of discoveries that have been made, RJK is finalizing a new, detailed, interactive property map, compiled by Insidexploration to be published for shareholders in the near future.

Mr. Peter Hubacheck, P.Geo., Project Manager for RJK and the Qualified Person as defined by National Instrument 43-101 has approved the technical disclosure in this release.

Contact Information
Glenn Kasner, President
Mobile: (705) 568-7567
info@rjkexplorations.com

Web Site: https://www.rjkexplorations.com/
Company Information: Tel: (705) 568-7445

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.

Forward-Looking Information

This news release includes certain forward-looking statements, which may include, but are not limited to, statements concerning future mineral exploration and property option payments. Any statements contained herein that are not statements of historical facts may be deemed to be forward-looking, including those identified by the expressions "will", "anticipate", "believe", "plan", "estimate", "expect", "intend", "propose" and similar expressions. Forward-looking statements involve known and unknown risks and uncertainties that could cause actual results, performance, or achievements to differ materially from those expressed or implied in this news release. Factors that could cause actual results to differ materially from those anticipated in this news release include, but are not limited to, the financial resources of the Corporation being inadequate to carry out its stated plans. RJK assumes no obligation to update the forward-looking statements or to update the reasons why actual results could differ from those reflected in the forward-looking statements except as required by applicable law.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/94362

VANCOUVER, British Columbia, Aug. 25, 2021 (GLOBE NEWSWIRE) — AZINCOURT ENERGY CORP. (“Azincourt” or the “Company”) (TSX.V: AAZ, OTC: AZURF), is pleased to announce it has appointed C. Trevor Perkins as Vice President, Exploration. Mr. Perkins is a Professional Geologist with wide-ranging experience in planning and executing mineral exploration programs and managing exploration teams. He brings a proven track record of discovery and results from a successful 26-year career in mineral exploration in some of the world’s most prolific mining regions.

Mr. Perkins has been Exploration Manager at Azincourt since October of 2020. He’s been responsible for leading exploration efforts at the Company’s East Preston uranium project, located in the Western Athabasca Basin, Saskatchewan.

Prior to joining Azincourt, Mr. Perkins held the title of Exploration Manager for UEX Corporation, responsible for overseeing exploration in the Athabasca Basin, Saskatchewan. As a Qualified Person for UEX’s uranium and cobalt projects, he was responsible for several 43-101 technical reports and resource estimates for both the Christie Lake and West Bear Projects. In addition, he managed the team that made the Ōrora Uranium Deposit discovery 2017.

Mr. Perkins was also Senior Geoscientist with Rio Tinto and spent a decade with Cameco Corporation. At Cameco he served as Vice President, Exploration for Cameco Mongolia, District Geologist for Europe and Asia, Senior Project Geologist for Arnhem Land in Australia, and a Project Geologist for Cameco’s Athabasca projects. As Project Geologist for the McArthur River project, he led the team that discovered the McArthur River North Extension zones (110Mlb U3O8) and as Senior Project Geologist based in Darwin, Australia, he led the team that discovered the Angulari Uranium Deposit (20Mlb U3O8).

“We’re very pleased to elevate Trevor’s role with the Company, which is now more reflective of his growing role and increased responsibilities,” said CEO, Alex Klenman. “Since coming on board last year he has brought both a high degree of professionalism and a real hunger and enthusiasm for discovery. He has been directly involved in several significant uranium discoveries in the past and has the proven ability to direct large scale exploration programs. It’s a great fit and we’re happy to bring him on as VP of Exploration,” continued Mr. Klenman.

“I am very excited to move into this new role and take on the added responsibility that comes with it,” commented Trevor Perkins, Vice President, Exploration. “This is an exciting time in the Uranium space, as it looks like we are poised for positive movement. I am eager to move forward with larger programs to evaluate our East Preston Project and look for opportunities to expand our exploration portfolio,” continued Mr. Perkins.

About Azincourt Energy Corp.

Azincourt Energy is a Canadian-based resource company specializing in the strategic acquisition, exploration, and development of alternative energy/fuel projects, including uranium, lithium, and other critical clean energy elements. The Company is currently active at its joint venture East Preston uranium project in the Athabasca Basin, Saskatchewan, Canada, and the Escalera Group uranium-lithium project located on the Picotani Plateau in southeastern Peru.

ON BEHALF OF THE BOARD OF AZINCOURT ENERGY CORP.

“Alex Klenman”
Alex Klenman, President & CEO

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.

This press release includes “forward-looking statements”, including forecasts, estimates, expectations and objectives for future operations that are subject to a number of assumptions, risks and uncertainties, many of which are beyond the control of Azincourt. Investors are cautioned that any such statements are not guarantees of future performance and that actual results or developments may differ materially from those projected in the forward-looking statements. Such forward-looking information represents management’s best judgment based on information currently available. No forward-looking statement can be guaranteed, and actual future results may vary materially.

For further information please contact:

Alex Klenman, President & CEO
Tel: 604-638-8063
info@azincourtenergy.com

Azincourt Energy Corp.
1430 – 800 West Pender Street
Vancouver, BC V6C 2V6
www.azincourtenergy.com