Zentek Announces Eric Wallman Appointed as Chairman of the Board

GUELPH, ON / ACCESSWIRE / January 19, 2024 / Zentek Ltd. ("Zentek" or the "Company") (Nasdaq:ZTEK)(TSX-V:ZEN), an intellectual property development and commercialization company, announces that effective January 12th, Dr. Francis Dubé has resigned as Chairman of the Board of the Company in order to appoint an independent director, Mr. Eric Wallman as the Chairman of the Board as per best practices in governance. Mr. Wallman has been an independent director of the Company since 2018 and served as head of the audit committee as well as being on the compensation and the strategy committees. Dr. Dubé will continue to serve the Company as a director, and as Chief Operating Officer of the Company.

Greg Fenton, CEO commented: "On behalf of the Board, I would like to thank Dr. Dubé for his services as Chairman of the Board of Zentek. As we continue to grow and move to the next stage of our development, the Board is committed to best practices in governance, which includes an independent Chairman. I would also like to thank Mr. Wallman for accepting the role as an independent director in order to continue bolstering Zentek’s commitment to good governance."

About Zentek

Zentek is an ISO 13485:2016 certified intellectual property technology company focused on the research, development and commercialization of novel products seeking to give the Company’s commercial partners a competitive advantage by making their products better, safer, and greener.

Zentek’s patented technology platform ZenGUARD™, is shown to have 99% anti-microbial activity and to significantly increase the bacterial and viral filtration efficiency of both surgical masks and HVAC (heating, ventilation, and air conditioning) systems. Zentek’s ZenGUARD™ production facility is located in Guelph, Ontario.

Zentek has a global exclusive license to the Aptamer-based platform technology developed by McMaster University which is being jointly developed by Zentek and McMaster for both the diagnostic and therapeutic markets.

For further information about Zentek or Albany Graphite Corp.:

Dr. Francis Dubé, director and Chief Operating Officer
Tel: (289) 821-2820
Email: fdube@zentek.com

To find out more about Zentek Ltd., please visit our website at www.Zentek.com. A copy of this news release and all material documents in respect of the Company may be obtained on ZEN’s SEDAR+ profile at http://www.sedarplus.ca/. 

Forward-Looking Statements

This news release contains forward-looking statements. Since forward-looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. Although Zentek 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, and no assurance can be given that such events will occur in the disclosed time frames or at all. Zentek 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. 

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. 

SOURCE: Zentek Ltd.

View the original press release on accesswire.com

Blackwolf Reports Final Results for Drilling and Surface Sampling on the Harry Property and The Inaugural Drilling on the Cantoo Property

VANCOUVER, BC / ACCESSWIRE / January 19, 2024 / Blackwolf Copper and Gold Ltd. ("Blackwolf" or the "Company") (TSXV:BWCG)(OTC PINK:BWCGF) is pleased to announce the final assay results from the 7 hole surface drill program and surface sampling at the Harry Property, and the 3 hole, first-ever, drill program at the Cantoo Property completed in 2023. The two properties are strategically located in the prolific Golden Triangle. The Cantoo Property is positioned 15 kilometers north of Hyder, Alaska, neighboring the town of Stewart, British Columbia. It is also 3 kilometers west of the past-producing Premier Gold Mine, currently in development, and 10 kilometers south of the Scottie Gold Mine. The Harry Property, located 30 kilometers north of Stewart, BC, is accessible along the all-season Granduc Road. Situated within a 50 kilometer-long axis featuring high-grade gold occurrences and deposits, including the Valley of the Kings, Brucejack mine.

Key Technical Insights:

Harry Property:

  • Multiple Mineralization-Styles: Drilling and surface sampling have identified multiple mineralization styles, in all regions of the Property, particularly at the Swann Zone. Two major mineralization styles have been identified, including:
    1. The high-grade gold-silver veins contained in an extensive quartz-sericite-pyrite alteration package, as noted in surface sample 4.16 g/t Au and 9.71 g/t Ag, and subsequent in drilling 1.30 g/t Au and 2.90 g/t Ag over 2.0 meters and previously released results312 g/t Au and 101 g/t Ag, over 1.0 meter (refer to Blackwolf’s News release of October 30th, 2023).
    2. Multi-ounce silver base-metal veins with gold credits, as noted in surface sample 1,049 g/t Ag, 4.447 g/t Au, 1.521% Cu, 8.0% Pb, 1.55% Zn, and subsequent in drilling 374 g/t Ag, 5.34% Pb, 1.41% Zn over 0.47 meters.
  • Multi-Zone Mineralization: The exploration effort has identified silver and base-metal occurrences, over a 3- kilometer trend, and two areas of intense quartz-sericite-pyrite alteration, each up to 1 kilometer in extent and associated with the previously released new high-grade visible gold vein discovery at the Swann Zone.

Cantoo Property:

  • The surface exploration highlighted the high-grade mineralization with multiple scree samples from the mineralization above, as noted in samples 29.2 g/t Au, 2,378 g/t Ag, 4.345% Cu, 7.24% Zn, and 19.9 g/t Au and 7.92 g/t Ag.
  • The initial drill program intersected porphyry-style alteration; strong zones of quartz-sericite alteration with sulphide mineralization. The strong mineralized alteration halos are analogue to the confirmed wide surface Cantoo vein mineralization outcropping in cliffs. The mineralization is closely associated with Jurassic-aged Texas Creek Intrusion suite as noted in mineralized interval in hole CT23-003 1.53 g/t Au and 1.01 g/t Au both over 1.5 metre. Further drilling to the southwest is needed to vector into high-grade shoots.

Rob McLeod, Blackwolf’s Executive Chairman states, "Encountering Brucejack-style remobilized coarse electrum veins at Harry was the highlight of the 2023 program. Extensive multiphase sulphide-rich veining within a wide halo of strongly anomalous gold and silver is highly encouraging. Drilling in 2024 will target additional high-grade surface values and structural/geochemical traps located up dip from the high-grade veins. At Cantoo, geochemical vectoring and surface sampling are suggesting a northeast strike and steep dip to the wide veins; subsequent drilling will test this concept."

Blackwolf’s CEO, Morgan Lekstrom comments, "Having successfully executed a program that stayed within budget, we have significantly expanded on previous results at the Harry Property, made a gold discovery, and gained a comprehensive understanding of the Cantoo Geology. This has led to a tremendous year for our initial drilling endeavors on both properties, and we are eager to build upon the discoveries at Harry and our newfound insights into the Cantoo Property. Mineralized occurrences at Harry have extended from the Swann Zone to several other mineralized occurrences across a 3-kilometer trend, adjacent to one of North America’s historically high-grade producers. Our company is fully funded to proceed with an extensive drill program on the Harry Property in 2024, and we have identified multiple areas where we anticipate further high-grade discoveries. With our enhanced understanding of Cantoo, we can now drill more efficiently and cost-effectively in pursuit of what we believe to be a significant new discovery. It’s important to remember that mines in the area are often discovered with over 100 drill holes, and with just 3 drill holes, we have obtained the information that uniquely positions us to expand our drilling at Cantoo and awaken this sleeping giant."

Harry Property

Harry Surface Sampling

In the Company’s first season of exploration on the Harry Property, a total of 99 surface grab samples were collected, marking a significant step in our understanding of the property. The primary aim was to assess the ten previously defined mineralized zones and establish any relationships between them. The outcomes, as determined by the Company’s geological team, provide valuable insights into the mineralization characteristics of the property.

The property exhibits two distinct mineralization styles. The first is characterized by east-trending, steeply dipping high-grade gold-silver precious metal veins within an extensive lower-grade gold, quartz-sericite-pyrite alteration package, comparable to larger Jurassic systems. Additionally, there are younger north-northwest trending, moderately dipping multi-ounce silver-base metal veins with gold credits, analogous to Eocene systems.

Key findings from surface sampling and mapping include the identification of two areas with intense quartz-sericite-pyrite (QSP) alteration, each extending up to one kilometer. These broad alteration areas host lower grade precious metals with notable samples such as B976737 4.16 g/t Au and 9.71 g/t Ag and B0017305 1.756 g/t Au and 21.68 g/t Ag. These areas are also associated with high-grade visible gold vein mineralization in the drill core, as noted in the previously released results (H23-017: 312 g/t Au and 101 g/t Ag, over 1.0 meter from 139 meter to 140 meter, and 277 g/t Au and 118 g/t Ag, over 1.0 meter from 199 to 200 meter – refer to October 30th 2023 news release)

Figure 1: Harry property map showing the prospective QSP alteration extent in light orange and the silver and base metal trend in blue. All zones are color coded in relation the mineralization-style; yellow associated to high-grade gold-silver and blue to silver-base metal veins.

Additionally, the 2023 surface work delineated a 3 kilometer trend with four mineralized zones, revealing multi-ounce silver-base metal veins with gold credits in samples like B976744 1,049 g/t Ag, 4.447 g/t Au, 1.521% Cu, 8.0% Pb, 1.55% Zn, B976724 714 g/t Ag, 14.19% Pb, 16.83% Zn, and B0012762 475 g/t Ag, 9.79% Pb, 10.34% Zn.

Figure 2: Comparative photos multi ounce silver-base-metal mineralization observed at the northern end compared to the southernmost extent of the Harry Property.

The multiple mineralization styles uncovered during this exploration season suggest a long-lived multiphase metallogenic system. These findings contribute to our ongoing understanding of the property’s geological characteristics.

Table 1. Selected Surface Results from the 2023 Harry program

Sample No. Easting Northing Area Au_ppm Ag_ppm Cu_% Pb_% Zn_%
B0017307

434380

6224629

Harry

1.001

57.72

0.010

1.650

0.116

B976710

434366

6226621

Harry

1.346

4.45

0.003

0.049

0.025

B976736

434150

6223754

Harry

1.07

11.38

0.003

0.325

0.069

B976737

434141

6223695

Harry

4.16

9.71

0.003

0.083

0.021

B976744

434122

6223527

S-1

4.477

1049

1.521

8.000

1.550

B976745

434118

6223566

S-1

3.239

995

1.436

4.330

3.100

B0012768

434023

6223880

Saw Cut

0.158

203

0.253

6.250

18.960

B0012755

434054

6223721

Sheeted Vein

5.676

160

0.041

2.820

8.940

B0012762

434045

6223642

Sheeted Vein

0.195

475

0.562

9.790

10.340

B0012766

434032

6223680

Sheeted Vein

0.04

98.3

0.090

2.570

5.640

B976717

434363

6226626

Sheeted Vein

0.077

3.72

0.103

0.017

1.290

B976721

434165

6226380

Sheeted Vein

0.04

213

0.080

19.68

0.073

B976724

434153

6226370

Sheeted Vein

0.311

714

0.663

14.190

16.830

B0017303

434519

6224862

Ursula

0.86

92.03

0.049

3.610

4.910

B0017305

434498

6224869

Ursula

1.756

21.68

0.016

0.524

0.234

B0017306

434497

6224872

Ursula

1.083

11.02

0.006

0.082

0.016

Harry Surface Drilling

The 2023 drilling program at the Harry property targeted mineralization previously identified in historical drilling at the Swann zone (Optimum Ventures Press Release, April 22, 2022). The primary focus was on targeting silver-base metal veins with gold credits and exploring the extent of precious metal mineralization within the broad quartz-sericite-pyrite alteration halo west of the Swann zone, extending towards the Milestone prospect.

A total of 1,741 meters of drilling across seven holes was completed in September 2023. The outcomes of the program exceeded expectations, as evidenced by the successful intersection of high-grade silver-base metal mineralization at the Swann zone. Results defined a 150-meter mineralized trend of sheeted mineralized veins, ranging from 0.3 to 3.0 meters in width at the Swann zone, as exemplified by H23-012: 0.47 g/t Au, 374 g/t Ag, 5.34% Pb, 1.41% Zn over 0.47 meters.

Moreover, the program showcased the Company’s capability to unveil the potential for extensive high-grade gold mineralization within the expansive quartz-sericite-pyrite (QSP) halo. With only three diamond drill holes testing it to date, previously released results from H23-017 (312 g/t Au and 101 g/t Ag, over 1.0 meter from 139 meter to 140 meter, and 277 g/t Au and118 g/t Ag, over 1.0 meter from 199 to 200 meter) and hole H23-018 intersected 1.30 g/t Au and 2.90 g/t Ag over 2.0 meters within a longer low-grade intervals of gold mineralization encountered in the quartz-sericite-pyrite halo 0.42 g/t Au, 5.97 g/t Ag over 17.0 meters.

Table 2. Swann Zone Drill hole Composites

Hole-ID

Zone

From (meters)

To (meters)

*Length (meters)

Au (gpt)

Ag (gpt)

Pb (%)

Zn (%)

H23-012

Swann

67.32

67.79

0.47

0.42

374.00

5.340

1.410

118.10

118.89

0.79

1.62

2.79

0.014

0.001

160.00

161.00

1.00

0.46

14.77

0.265

2.470

H23-013

Swann

55.00

55.50

0.50

0.15

12.08

1.30

0.2091

93.00

96.10

3.10

0.33

13.05

0.057

0.127

H23-014

Swann

66.00

67.00

1.00

0.07

1.09

0.019

0.267

140.00

141.50

1.50

1.31

2.00

0.016

0.040

178.00

179.00

1.00

0.60

1.18

0.002

0.008

H23-015

Swann

74.05

77.19

3.14

0.07

8.35

0.107

0.241

191.42

192.45

1.03

0.68

1.27

0.009

0.012

H23-016

Swann

223.00

224.00

1.00

2.01

4.00

0.010

0.002

H23-018

Swann

176.00

183.00

7.00

0.73

3.07

0.012

0.004

176.00

193.00

17.00

0.41

5.97

0.004

0.08

Inc.

176.00

177.00

1.00

2.03

3.39

0.014

0.005

Inc.

181.00

183.00

2.00

1.30

2.895

0.014

0.005

* True widths are not known as there is not yet enough geological information.

Figure 3: Swann Zone 2023 Drilling Inset with two mineralization styles highlights; in red high-grade Gold-Silver mineralization and blue Silver-Base Metal veins

Cantoo Property

The property has a rich mining history with three adits driven in the early 1920’s to follow high-grade gold-silver mineralization with base metal credit breccias, stockworks, and vein structures, reaching up to 30 meters in thickness on surface. The 2023 surface exploration highlighted the high-grade mineralization with multiple scree samples from the mineralization above due to terrain steepness, as noted in sample B0011179 29.2 g/t Au, 2,378 g/t Ag, 4.35% Cu, 7.24% Zn, and B0011169 19.9 g/t Au and 7.92 g/t Ag. The 2023 drilling at the Cantoo was the first ever drill program completed to date on the property with 1,356 meters completed in three holes. The modest exploratory drilling completed highlighted area of intense quartz-sericite-pyrite (QSP) in close to distal telescoping relation with the Premier porphyry, Jurassic-age Texas Creek Intrusive Suite known in the area for association with neighboring, currently in development, Premier deposit. While significant precious metals values were not obtained, the alteration zone intersected closely resemblance with the high-grade surface samples closely related to the Premier porphyry intrusion. Mineralized intersection with the second hole highlighted two gold intervals within the Jurassic-aged Premier Porphyry associated with the prospective alteration as noted in hole CT23-003 with 1.53 g/t Au and 1.01 g/t Au, both over 1.5 meter. This initial drilling effort has significantly advanced our understanding of the complex structural geology in the area, refining our targeting strategy for the upcoming drill season.

Figure 4. Comparative photo from drill core alteration to comparative surface sample alteration with grade

Table 3. Selected Surface Assay Results from the 2023 Cantoo program

Sample Number

Easting

Northing

Type

Au _ppm

Ag_ppm

Cu_%

Pb_%

Zn_%

B0011166

433890

6214868

Float

4.070

2.1

0.001

0.001

0.002

B0011167

433880

6214859

Float

14.600

10.0

0.001

0.004

0.003

B0011168

433801

6214830

Float

4.238

1.8

0.001

0.001

0.001

B0011169

433801

6214830

Float

19.900

7.9

0.001

0.003

0.001

B0011170

433773

6214845

Float

4.548

3.4

0.015

0.017

0.627

B0011172

433807

6214839

Float

2.515

2.3

0.002

0.006

0.018

B0011174

433889

6214870

Float

6.192

115.0

0.484

7.670

0.353

B0011175

433001

6214866

Float

2.982

4.6

0.003

0.006

0.001

B0011176

433912

6215138

Float

0.348

222.0

0.136

35.850

0.630

B0011177

433919

6215145

Float

0.835

146.0

0.008

20.050

0.145

B0011178

433919

6215168

Float

1.980

607.0

1.112

4.370

0.199

B0011179

433919

6215168

Float

29.200

2378.00

4.350

0.527

7.240

B0011301

433803

6214832

Float

4.482

2.1

0.000

0.001

0.000

B0011302

433788

6214830

Float

9.903

6.4

0.001

0.003

0.004

B0011303

433781

6214836

Float

5.582

1.8

0.000

0.001

0.001

B0011304

433769

6214842

Float

5.720

2.4

0.001

0.001

0.000

B0011305

433762

6214842

Float

7.005

3.4

0.002

0.002

0.001

Table 4. Cantoo drill hole Composites

Hole-ID

From (meters)

To (meters)

*Length (meters)

Au (gpt)

Ag (gpt)

Cu (%)

Pb (%)

Zn (%)

CT23-001

No Significant Results

CT23-002

No Significant Results

CT23-003

433.00

434.50

1.50

1.53

5.58

NC

NC

NC

439.50

441.00

1.50

1.01

1.22

NC

NC

NC

* True widths are not known as there is not yet enough geological information.

Next Steps

There are numerous untested targets on the Harry Property; future work will include exploring the west side of the QSP alteration at the Golden Summit prospect. Additionally, the second alteration halo at the Harry and Ursula prospects further south, mirroring the high-grade precious metal veins intercepted this season, represents an exciting opportunity for future exploration. Furthermore, three additional zones hosting silver-base metal veins are yet to be explored, particularly the Sheeted Vein and Saw Cut prospects further south. This underscores the significant potential that occurs on the Harry Property, and Blackwolf is eager to unlock further discoveries as the Company continues to methodically explore and test these promising targets.

Table 5. Swann Zone Drill hole collar locations and orientations

Hole-ID

Coordinate System

Easting

Northing

Elevation (m a.s.l)

Azimuth (Degrees)

Dip (Degrees)

Length (m a.s.l)

H23-012 UTM_Zone9/NAD83

434390

6226542

890

215

-50

249

H23-013 UTM_Zone9/NAD83

434390

6226542

890

240

-50

250

H23-014 UTM_Zone9/NAD83

434390

6226542

890

230

-60

250

H23-015 UTM_Zone9/NAD83

434390

6226542

890

215

-60

251

H23-016 UTM_Zone9/NAD83

434312

6226610

862

215

-50

242

H23-017 UTM_Zone9/NAD83

434312

6226610

862

230

-50

246

H23-018 UTM_Zone9/NAD83

434312

6226610

862

250

-50

251

Table 6. Cantoo drill hole collar locations and orientations

Hole-ID

Coordinate System

Easting

Northing

Elevation (m a.s.l)

Azimuth (Degrees)

Dip (Degrees)

Length (m a.s.l)

*CT23-001 UTM_Zone9/NAD83

433247

6214825

858

95

-55

130.2

CT23-002 UTM_Zone9/NAD83

433244

6214839

860

95

-55

676

CT23-003 UTM_Zone9/NAD83

433244

6214839

860

85

-65

550

*Hole abandoned

QA/QC and Qualified Person

Analytical work for the Harry Property drill core samples was completed by two analytical laboratories: MSA Labs of Langley, BC, and Bureau Veritas of Vancouver, BC, both of whom are certified analytical service providers. Analytical work for the Cantoo property was completed by MSA Labs.

At MSA Labs, samples are prepared using procedure PRP-910 (dry,crush to 70% passing 2mm, riffle split off 250g, pulverize split to better than 85% passing 75 microns) and analyzed by method FAS-111 (30g fire assay with AAS finish) for gold and IMS-230 (1.0g, 4-acid digestion and ICP-MS analysis, 48 elements). Any samples containing >10g/t Au are reanalyzed using method FAS-415(30g Fire Assay with gravimetric finish). Samples containing >100 ppm Ag and/or >1% Cu, Pb, & Zn are reanalyzed using method ICF-6 (0.2g, 4-acid digest and ore grade ICP-AES analysis). Samples containing >1000g/t Ag are reanalyzed using method FAS-418 (30g fire assay with AAS finish) and samples containing >20% Pb are reanalyzed using method STI-8Pb (volumetric titration).

At Bureau Veritas, samples are prepared using PRP70-250 (dry, crush to 70% passing 2mm, riffle split off 250g, pulverize split to better than 85% passing 75 microns) and analyzed by method FA-430 (30g fire assay with AAS finish) for gold and MA-200 (0.25, multi-acid digestion and ICP-ES/MS analysis, 45 elements). Any samples containing >10g/t Au are reanalyzed using method FA530 (30g Fire Assay with gravimetric finish). Samples containing >100 ppm Ag and/or >1% Cu, Pb, & Zn are reanalyzed using method MA-370 (1.0g, 4-acid digestion and ore grade ICP-AES analysis). Samples containing >1000 g/t Ag are reanalyzed using method FA-530(30g fire assay with AAS finish) and samples containing >20% Pb are reanalyzed using method GC817. Samples with visible gold are subject to method FS-632, a screen metallics analysis with duplicate minus fractions analyzed, and 30g fire assay for gold.

The 2023 Drilling Program at the Harry Property was completed using industry standard procedures, including a quality assurance/quality control ("QA/QC") program consisting of the insertion of certified standard, blanks,and duplicates into the sample stream. The Qualified Person has reviewed the data and detected no significant QA/QC issues.

Andrew Hamilton, P.Geo., Consultant to the Company,a Qualified Person under NI 43-101,has reviewed and approved the scientific and technical content of this release.

About Blackwolf Copper and Gold Ltd.

Blackwolf’s founding vision is to be an industry leader in transparency, inclusion, and innovation. Guided by our Vision and through collaboration with local and Indigenous communities and stakeholders, Blackwolf builds shareholder value through our technical expertise in mineral exploration, engineering and permitting. The Company holds a 100% interest in the high-grade Niblack copper-gold-zinc-silver VMS project, located adjacent to tidewater in southeast Alaska. In addition, the Company holds a 100% interest in five Hyder Area gold-silver and base metal properties in southeast Alaska and an option to acquire an 80% interest in the Harry gold-silver property located in northwest British Columbia in the Golden Triangle. For more information on Blackwolf, please visit the Company’s website at www.blackwolfcopperandgold.com.

On behalf of the Board of Directors of Blackwolf Copper and Gold Ltd.

"Morgan Lekstrom"
CEO and Director

For more information, contact:

Morgan Lekstrom
250-574-7350 (Mobile)
604-343-2997 (Office)
MLL@bwcg.c

Freddie Leigh
604-609-6132 (Office)
info@bwcg.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.

Cautionary Statement Regarding Forward-Looking Information

This release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking statements relate to future events or future performance and reflect the expectations or beliefs of management of the Company regarding future events. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as "intends" or "anticipates", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "should", "would" or "occur". This information and these statements, referred to herein as "forward‐looking statements", are not historical facts, are made as of the date of this news release and include without limitation, statements relating to the properties located in the Golden Triangle area and the Company’s future objectives and plans.Forward‐looking statements involve numerous risks and uncertainties, and actual results might differ materially from results suggested in any forward-looking statements. These risks and uncertainties include, among other things, market volatility; the state of the financial markets for the Company’s securities; fluctuations in commodity prices and changes in the Company’s business plans. In making the forward-looking statements in this news release, the Company has applied several material assumptions that the Company believes are reasonable, including without limitation, that the Company will continue with its stated business objectives and its ability to raise additional capital to proceed. Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, 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 and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial outlook that are incorporated by reference herein,except in accordance with applicable securities laws. The Company seeks safe harbor.

For more information on the Company,investors should review the Company’s continuous disclosure filings that are available at www.sedarplus.ca.

SOURCE: Blackwolf Copper and Gold Ltd

View the original press release on accesswire.com

Blackwolf Reports Final Results for Drilling and Surface Sampling on the Harry Property and The Inaugural Drilling on the Cantoo Property

VANCOUVER, BC / ACCESSWIRE / January 19, 2024 / Blackwolf Copper and Gold Ltd. ("Blackwolf" or the "Company") (TSXV:BWCG)(OTC PINK:BWCGF) is pleased to announce the final assay results from the 7 hole surface drill program and surface sampling at the Harry Property, and the 3 hole, first-ever, drill program at the Cantoo Property completed in 2023. The two properties are strategically located in the prolific Golden Triangle. The Cantoo Property is positioned 15 kilometers north of Hyder, Alaska, neighboring the town of Stewart, British Columbia. It is also 3 kilometers west of the past-producing Premier Gold Mine, currently in development, and 10 kilometers south of the Scottie Gold Mine. The Harry Property, located 30 kilometers north of Stewart, BC, is accessible along the all-season Granduc Road. Situated within a 50 kilometer-long axis featuring high-grade gold occurrences and deposits, including the Valley of the Kings, Brucejack mine.

Key Technical Insights:

Harry Property:

  • Multiple Mineralization-Styles: Drilling and surface sampling have identified multiple mineralization styles, in all regions of the Property, particularly at the Swann Zone. Two major mineralization styles have been identified, including:
    1. The high-grade gold-silver veins contained in an extensive quartz-sericite-pyrite alteration package, as noted in surface sample 4.16 g/t Au and 9.71 g/t Ag, and subsequent in drilling 1.30 g/t Au and 2.90 g/t Ag over 2.0 meters and previously released results312 g/t Au and 101 g/t Ag, over 1.0 meter (refer to Blackwolf’s News release of October 30th, 2023).
    2. Multi-ounce silver base-metal veins with gold credits, as noted in surface sample 1,049 g/t Ag, 4.447 g/t Au, 1.521% Cu, 8.0% Pb, 1.55% Zn, and subsequent in drilling 374 g/t Ag, 5.34% Pb, 1.41% Zn over 0.47 meters.
  • Multi-Zone Mineralization: The exploration effort has identified silver and base-metal occurrences, over a 3- kilometer trend, and two areas of intense quartz-sericite-pyrite alteration, each up to 1 kilometer in extent and associated with the previously released new high-grade visible gold vein discovery at the Swann Zone.

Cantoo Property:

  • The surface exploration highlighted the high-grade mineralization with multiple scree samples from the mineralization above, as noted in samples 29.2 g/t Au, 2,378 g/t Ag, 4.345% Cu, 7.24% Zn, and 19.9 g/t Au and 7.92 g/t Ag.
  • The initial drill program intersected porphyry-style alteration; strong zones of quartz-sericite alteration with sulphide mineralization. The strong mineralized alteration halos are analogue to the confirmed wide surface Cantoo vein mineralization outcropping in cliffs. The mineralization is closely associated with Jurassic-aged Texas Creek Intrusion suite as noted in mineralized interval in hole CT23-003 1.53 g/t Au and 1.01 g/t Au both over 1.5 metre. Further drilling to the southwest is needed to vector into high-grade shoots.

Rob McLeod, Blackwolf’s Executive Chairman states, "Encountering Brucejack-style remobilized coarse electrum veins at Harry was the highlight of the 2023 program. Extensive multiphase sulphide-rich veining within a wide halo of strongly anomalous gold and silver is highly encouraging. Drilling in 2024 will target additional high-grade surface values and structural/geochemical traps located up dip from the high-grade veins. At Cantoo, geochemical vectoring and surface sampling are suggesting a northeast strike and steep dip to the wide veins; subsequent drilling will test this concept."

Blackwolf’s CEO, Morgan Lekstrom comments, "Having successfully executed a program that stayed within budget, we have significantly expanded on previous results at the Harry Property, made a gold discovery, and gained a comprehensive understanding of the Cantoo Geology. This has led to a tremendous year for our initial drilling endeavors on both properties, and we are eager to build upon the discoveries at Harry and our newfound insights into the Cantoo Property. Mineralized occurrences at Harry have extended from the Swann Zone to several other mineralized occurrences across a 3-kilometer trend, adjacent to one of North America’s historically high-grade producers. Our company is fully funded to proceed with an extensive drill program on the Harry Property in 2024, and we have identified multiple areas where we anticipate further high-grade discoveries. With our enhanced understanding of Cantoo, we can now drill more efficiently and cost-effectively in pursuit of what we believe to be a significant new discovery. It’s important to remember that mines in the area are often discovered with over 100 drill holes, and with just 3 drill holes, we have obtained the information that uniquely positions us to expand our drilling at Cantoo and awaken this sleeping giant."

Harry Property

Harry Surface Sampling

In the Company’s first season of exploration on the Harry Property, a total of 99 surface grab samples were collected, marking a significant step in our understanding of the property. The primary aim was to assess the ten previously defined mineralized zones and establish any relationships between them. The outcomes, as determined by the Company’s geological team, provide valuable insights into the mineralization characteristics of the property.

The property exhibits two distinct mineralization styles. The first is characterized by east-trending, steeply dipping high-grade gold-silver precious metal veins within an extensive lower-grade gold, quartz-sericite-pyrite alteration package, comparable to larger Jurassic systems. Additionally, there are younger north-northwest trending, moderately dipping multi-ounce silver-base metal veins with gold credits, analogous to Eocene systems.

Key findings from surface sampling and mapping include the identification of two areas with intense quartz-sericite-pyrite (QSP) alteration, each extending up to one kilometer. These broad alteration areas host lower grade precious metals with notable samples such as B976737 4.16 g/t Au and 9.71 g/t Ag and B0017305 1.756 g/t Au and 21.68 g/t Ag. These areas are also associated with high-grade visible gold vein mineralization in the drill core, as noted in the previously released results (H23-017: 312 g/t Au and 101 g/t Ag, over 1.0 meter from 139 meter to 140 meter, and 277 g/t Au and 118 g/t Ag, over 1.0 meter from 199 to 200 meter – refer to October 30th 2023 news release)

Figure 1: Harry property map showing the prospective QSP alteration extent in light orange and the silver and base metal trend in blue. All zones are color coded in relation the mineralization-style; yellow associated to high-grade gold-silver and blue to silver-base metal veins.

Additionally, the 2023 surface work delineated a 3 kilometer trend with four mineralized zones, revealing multi-ounce silver-base metal veins with gold credits in samples like B976744 1,049 g/t Ag, 4.447 g/t Au, 1.521% Cu, 8.0% Pb, 1.55% Zn, B976724 714 g/t Ag, 14.19% Pb, 16.83% Zn, and B0012762 475 g/t Ag, 9.79% Pb, 10.34% Zn.

Figure 2: Comparative photos multi ounce silver-base-metal mineralization observed at the northern end compared to the southernmost extent of the Harry Property.

The multiple mineralization styles uncovered during this exploration season suggest a long-lived multiphase metallogenic system. These findings contribute to our ongoing understanding of the property’s geological characteristics.

Table 1. Selected Surface Results from the 2023 Harry program

Sample No. Easting Northing Area Au_ppm Ag_ppm Cu_% Pb_% Zn_%
B0017307

434380

6224629

Harry

1.001

57.72

0.010

1.650

0.116

B976710

434366

6226621

Harry

1.346

4.45

0.003

0.049

0.025

B976736

434150

6223754

Harry

1.07

11.38

0.003

0.325

0.069

B976737

434141

6223695

Harry

4.16

9.71

0.003

0.083

0.021

B976744

434122

6223527

S-1

4.477

1049

1.521

8.000

1.550

B976745

434118

6223566

S-1

3.239

995

1.436

4.330

3.100

B0012768

434023

6223880

Saw Cut

0.158

203

0.253

6.250

18.960

B0012755

434054

6223721

Sheeted Vein

5.676

160

0.041

2.820

8.940

B0012762

434045

6223642

Sheeted Vein

0.195

475

0.562

9.790

10.340

B0012766

434032

6223680

Sheeted Vein

0.04

98.3

0.090

2.570

5.640

B976717

434363

6226626

Sheeted Vein

0.077

3.72

0.103

0.017

1.290

B976721

434165

6226380

Sheeted Vein

0.04

213

0.080

19.68

0.073

B976724

434153

6226370

Sheeted Vein

0.311

714

0.663

14.190

16.830

B0017303

434519

6224862

Ursula

0.86

92.03

0.049

3.610

4.910

B0017305

434498

6224869

Ursula

1.756

21.68

0.016

0.524

0.234

B0017306

434497

6224872

Ursula

1.083

11.02

0.006

0.082

0.016

Harry Surface Drilling

The 2023 drilling program at the Harry property targeted mineralization previously identified in historical drilling at the Swann zone (Optimum Ventures Press Release, April 22, 2022). The primary focus was on targeting silver-base metal veins with gold credits and exploring the extent of precious metal mineralization within the broad quartz-sericite-pyrite alteration halo west of the Swann zone, extending towards the Milestone prospect.

A total of 1,741 meters of drilling across seven holes was completed in September 2023. The outcomes of the program exceeded expectations, as evidenced by the successful intersection of high-grade silver-base metal mineralization at the Swann zone. Results defined a 150-meter mineralized trend of sheeted mineralized veins, ranging from 0.3 to 3.0 meters in width at the Swann zone, as exemplified by H23-012: 0.47 g/t Au, 374 g/t Ag, 5.34% Pb, 1.41% Zn over 0.47 meters.

Moreover, the program showcased the Company’s capability to unveil the potential for extensive high-grade gold mineralization within the expansive quartz-sericite-pyrite (QSP) halo. With only three diamond drill holes testing it to date, previously released results from H23-017 (312 g/t Au and 101 g/t Ag, over 1.0 meter from 139 meter to 140 meter, and 277 g/t Au and118 g/t Ag, over 1.0 meter from 199 to 200 meter) and hole H23-018 intersected 1.30 g/t Au and 2.90 g/t Ag over 2.0 meters within a longer low-grade intervals of gold mineralization encountered in the quartz-sericite-pyrite halo 0.42 g/t Au, 5.97 g/t Ag over 17.0 meters.

Table 2. Swann Zone Drill hole Composites

Hole-ID

Zone

From (meters)

To (meters)

*Length (meters)

Au (gpt)

Ag (gpt)

Pb (%)

Zn (%)

H23-012

Swann

67.32

67.79

0.47

0.42

374.00

5.340

1.410

118.10

118.89

0.79

1.62

2.79

0.014

0.001

160.00

161.00

1.00

0.46

14.77

0.265

2.470

H23-013

Swann

55.00

55.50

0.50

0.15

12.08

1.30

0.2091

93.00

96.10

3.10

0.33

13.05

0.057

0.127

H23-014

Swann

66.00

67.00

1.00

0.07

1.09

0.019

0.267

140.00

141.50

1.50

1.31

2.00

0.016

0.040

178.00

179.00

1.00

0.60

1.18

0.002

0.008

H23-015

Swann

74.05

77.19

3.14

0.07

8.35

0.107

0.241

191.42

192.45

1.03

0.68

1.27

0.009

0.012

H23-016

Swann

223.00

224.00

1.00

2.01

4.00

0.010

0.002

H23-018

Swann

176.00

183.00

7.00

0.73

3.07

0.012

0.004

176.00

193.00

17.00

0.41

5.97

0.004

0.08

Inc.

176.00

177.00

1.00

2.03

3.39

0.014

0.005

Inc.

181.00

183.00

2.00

1.30

2.895

0.014

0.005

* True widths are not known as there is not yet enough geological information.

Figure 3: Swann Zone 2023 Drilling Inset with two mineralization styles highlights; in red high-grade Gold-Silver mineralization and blue Silver-Base Metal veins

Cantoo Property

The property has a rich mining history with three adits driven in the early 1920’s to follow high-grade gold-silver mineralization with base metal credit breccias, stockworks, and vein structures, reaching up to 30 meters in thickness on surface. The 2023 surface exploration highlighted the high-grade mineralization with multiple scree samples from the mineralization above due to terrain steepness, as noted in sample B0011179 29.2 g/t Au, 2,378 g/t Ag, 4.35% Cu, 7.24% Zn, and B0011169 19.9 g/t Au and 7.92 g/t Ag. The 2023 drilling at the Cantoo was the first ever drill program completed to date on the property with 1,356 meters completed in three holes. The modest exploratory drilling completed highlighted area of intense quartz-sericite-pyrite (QSP) in close to distal telescoping relation with the Premier porphyry, Jurassic-age Texas Creek Intrusive Suite known in the area for association with neighboring, currently in development, Premier deposit. While significant precious metals values were not obtained, the alteration zone intersected closely resemblance with the high-grade surface samples closely related to the Premier porphyry intrusion. Mineralized intersection with the second hole highlighted two gold intervals within the Jurassic-aged Premier Porphyry associated with the prospective alteration as noted in hole CT23-003 with 1.53 g/t Au and 1.01 g/t Au, both over 1.5 meter. This initial drilling effort has significantly advanced our understanding of the complex structural geology in the area, refining our targeting strategy for the upcoming drill season.

Figure 4. Comparative photo from drill core alteration to comparative surface sample alteration with grade

Table 3. Selected Surface Assay Results from the 2023 Cantoo program

Sample Number

Easting

Northing

Type

Au _ppm

Ag_ppm

Cu_%

Pb_%

Zn_%

B0011166

433890

6214868

Float

4.070

2.1

0.001

0.001

0.002

B0011167

433880

6214859

Float

14.600

10.0

0.001

0.004

0.003

B0011168

433801

6214830

Float

4.238

1.8

0.001

0.001

0.001

B0011169

433801

6214830

Float

19.900

7.9

0.001

0.003

0.001

B0011170

433773

6214845

Float

4.548

3.4

0.015

0.017

0.627

B0011172

433807

6214839

Float

2.515

2.3

0.002

0.006

0.018

B0011174

433889

6214870

Float

6.192

115.0

0.484

7.670

0.353

B0011175

433001

6214866

Float

2.982

4.6

0.003

0.006

0.001

B0011176

433912

6215138

Float

0.348

222.0

0.136

35.850

0.630

B0011177

433919

6215145

Float

0.835

146.0

0.008

20.050

0.145

B0011178

433919

6215168

Float

1.980

607.0

1.112

4.370

0.199

B0011179

433919

6215168

Float

29.200

2378.00

4.350

0.527

7.240

B0011301

433803

6214832

Float

4.482

2.1

0.000

0.001

0.000

B0011302

433788

6214830

Float

9.903

6.4

0.001

0.003

0.004

B0011303

433781

6214836

Float

5.582

1.8

0.000

0.001

0.001

B0011304

433769

6214842

Float

5.720

2.4

0.001

0.001

0.000

B0011305

433762

6214842

Float

7.005

3.4

0.002

0.002

0.001

Table 4. Cantoo drill hole Composites

Hole-ID

From (meters)

To (meters)

*Length (meters)

Au (gpt)

Ag (gpt)

Cu (%)

Pb (%)

Zn (%)

CT23-001

No Significant Results

CT23-002

No Significant Results

CT23-003

433.00

434.50

1.50

1.53

5.58

NC

NC

NC

439.50

441.00

1.50

1.01

1.22

NC

NC

NC

* True widths are not known as there is not yet enough geological information.

Next Steps

There are numerous untested targets on the Harry Property; future work will include exploring the west side of the QSP alteration at the Golden Summit prospect. Additionally, the second alteration halo at the Harry and Ursula prospects further south, mirroring the high-grade precious metal veins intercepted this season, represents an exciting opportunity for future exploration. Furthermore, three additional zones hosting silver-base metal veins are yet to be explored, particularly the Sheeted Vein and Saw Cut prospects further south. This underscores the significant potential that occurs on the Harry Property, and Blackwolf is eager to unlock further discoveries as the Company continues to methodically explore and test these promising targets.

Table 5. Swann Zone Drill hole collar locations and orientations

Hole-ID

Coordinate System

Easting

Northing

Elevation (m a.s.l)

Azimuth (Degrees)

Dip (Degrees)

Length (m a.s.l)

H23-012 UTM_Zone9/NAD83

434390

6226542

890

215

-50

249

H23-013 UTM_Zone9/NAD83

434390

6226542

890

240

-50

250

H23-014 UTM_Zone9/NAD83

434390

6226542

890

230

-60

250

H23-015 UTM_Zone9/NAD83

434390

6226542

890

215

-60

251

H23-016 UTM_Zone9/NAD83

434312

6226610

862

215

-50

242

H23-017 UTM_Zone9/NAD83

434312

6226610

862

230

-50

246

H23-018 UTM_Zone9/NAD83

434312

6226610

862

250

-50

251

Table 6. Cantoo drill hole collar locations and orientations

Hole-ID

Coordinate System

Easting

Northing

Elevation (m a.s.l)

Azimuth (Degrees)

Dip (Degrees)

Length (m a.s.l)

*CT23-001 UTM_Zone9/NAD83

433247

6214825

858

95

-55

130.2

CT23-002 UTM_Zone9/NAD83

433244

6214839

860

95

-55

676

CT23-003 UTM_Zone9/NAD83

433244

6214839

860

85

-65

550

*Hole abandoned

QA/QC and Qualified Person

Analytical work for the Harry Property drill core samples was completed by two analytical laboratories: MSA Labs of Langley, BC, and Bureau Veritas of Vancouver, BC, both of whom are certified analytical service providers. Analytical work for the Cantoo property was completed by MSA Labs.

At MSA Labs, samples are prepared using procedure PRP-910 (dry,crush to 70% passing 2mm, riffle split off 250g, pulverize split to better than 85% passing 75 microns) and analyzed by method FAS-111 (30g fire assay with AAS finish) for gold and IMS-230 (1.0g, 4-acid digestion and ICP-MS analysis, 48 elements). Any samples containing >10g/t Au are reanalyzed using method FAS-415(30g Fire Assay with gravimetric finish). Samples containing >100 ppm Ag and/or >1% Cu, Pb, & Zn are reanalyzed using method ICF-6 (0.2g, 4-acid digest and ore grade ICP-AES analysis). Samples containing >1000g/t Ag are reanalyzed using method FAS-418 (30g fire assay with AAS finish) and samples containing >20% Pb are reanalyzed using method STI-8Pb (volumetric titration).

At Bureau Veritas, samples are prepared using PRP70-250 (dry, crush to 70% passing 2mm, riffle split off 250g, pulverize split to better than 85% passing 75 microns) and analyzed by method FA-430 (30g fire assay with AAS finish) for gold and MA-200 (0.25, multi-acid digestion and ICP-ES/MS analysis, 45 elements). Any samples containing >10g/t Au are reanalyzed using method FA530 (30g Fire Assay with gravimetric finish). Samples containing >100 ppm Ag and/or >1% Cu, Pb, & Zn are reanalyzed using method MA-370 (1.0g, 4-acid digestion and ore grade ICP-AES analysis). Samples containing >1000 g/t Ag are reanalyzed using method FA-530(30g fire assay with AAS finish) and samples containing >20% Pb are reanalyzed using method GC817. Samples with visible gold are subject to method FS-632, a screen metallics analysis with duplicate minus fractions analyzed, and 30g fire assay for gold.

The 2023 Drilling Program at the Harry Property was completed using industry standard procedures, including a quality assurance/quality control ("QA/QC") program consisting of the insertion of certified standard, blanks,and duplicates into the sample stream. The Qualified Person has reviewed the data and detected no significant QA/QC issues.

Andrew Hamilton, P.Geo., Consultant to the Company,a Qualified Person under NI 43-101,has reviewed and approved the scientific and technical content of this release.

About Blackwolf Copper and Gold Ltd.

Blackwolf’s founding vision is to be an industry leader in transparency, inclusion, and innovation. Guided by our Vision and through collaboration with local and Indigenous communities and stakeholders, Blackwolf builds shareholder value through our technical expertise in mineral exploration, engineering and permitting. The Company holds a 100% interest in the high-grade Niblack copper-gold-zinc-silver VMS project, located adjacent to tidewater in southeast Alaska. In addition, the Company holds a 100% interest in five Hyder Area gold-silver and base metal properties in southeast Alaska and an option to acquire an 80% interest in the Harry gold-silver property located in northwest British Columbia in the Golden Triangle. For more information on Blackwolf, please visit the Company’s website at www.blackwolfcopperandgold.com.

On behalf of the Board of Directors of Blackwolf Copper and Gold Ltd.

"Morgan Lekstrom"
CEO and Director

For more information, contact:

Morgan Lekstrom
250-574-7350 (Mobile)
604-343-2997 (Office)
MLL@bwcg.c

Freddie Leigh
604-609-6132 (Office)
info@bwcg.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.

Cautionary Statement Regarding Forward-Looking Information

This release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking statements relate to future events or future performance and reflect the expectations or beliefs of management of the Company regarding future events. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as "intends" or "anticipates", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "should", "would" or "occur". This information and these statements, referred to herein as "forward‐looking statements", are not historical facts, are made as of the date of this news release and include without limitation, statements relating to the properties located in the Golden Triangle area and the Company’s future objectives and plans.Forward‐looking statements involve numerous risks and uncertainties, and actual results might differ materially from results suggested in any forward-looking statements. These risks and uncertainties include, among other things, market volatility; the state of the financial markets for the Company’s securities; fluctuations in commodity prices and changes in the Company’s business plans. In making the forward-looking statements in this news release, the Company has applied several material assumptions that the Company believes are reasonable, including without limitation, that the Company will continue with its stated business objectives and its ability to raise additional capital to proceed. Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, 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 and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial outlook that are incorporated by reference herein,except in accordance with applicable securities laws. The Company seeks safe harbor.

For more information on the Company,investors should review the Company’s continuous disclosure filings that are available at www.sedarplus.ca.

SOURCE: Blackwolf Copper and Gold Ltd

View the original press release on accesswire.com

Grid Metals Corp to Drill Falcon West Lithium Project in Southeastern Manitoba

Belt Scale Opportunity with High Grade Lithium Assays at Initial Drill Target Area

TORONTO, ON / ACCESSWIRE / January 19, 2024 / Grid Metals Corp (TSXV:GRDM)(OTCQB:MSMGF) (the "Company") today announced that it has received exploration permits and will immediately commence exploration drilling at its Falcon West Lithium Property (the "Property"), which is located approximately 110 km east of Winnipeg, Manitoba and 100 km south of the Company’s Donner Lake lithium property. The initial target area hosts high grade lithium and cesium mineralization in historical drill core. Approximately 2,000 meters of drilling are planned in the initial phase of the program.

Falcon West is a belt scale (61,268 hectares and ~90 km of strike length) lithium and rare metal property. It is located in the West Hawk Lake Greenstone Belt and hosted in mafic volcanics rocks present at the contact between the Wabigoon and Winnipeg River geological sub provinces. This important geological contact hosts several significant lithium deposits and occurrences including the Mavis Lake deposit. The West Hawk Lake Greenstone Belt is the next prospective greenstone belt to the south of the Bird River Greenstone Belt that hosts the world class large Tanco Pegmatite – one of the most evolved pegmatite known globally which hosts the producing Tanco Lithium and Rare Metals Mine. As of 1983, Tanco had spodumene reserves of 7,300,00 tons grading 2.76% Li2O.

The drill program will commence at the Artdon-Lucy (‘ADL’) target area of the Property, at which several historical drill programs intersected near surface pegmatites locally containing high lithium grades that are associated with spodumene. Historical drill highlights include 12 m at 2.2% Li2O and 12m at 1.8% Li2O.

Above- Greenstone belts and lithium resources in the southeastern area of Manitoba. The Donner Lake Resource (Grid Metals Corp. 75%) and Tanco Resource are on the north and south limbs, respectively, of the Bird River Greenstone Belt. The Falcon West Property (100% Grid Metals) covers the majority of the West Hawk Greenstone Belt that has seen very little prior exploration for lithium despite the fact that it occurs along the regionally extensive and highly prospective Winnipeg River – Wabigoon Province boundary.

Above: Geology of the West Hawk Lake Greenstone Belt showing the ADL Target area where lithium and rare metal pegmatites are hosted in the mafic volcanic rocks.

The ADL target area is approximately 110 km from Winnipeg and is transected by the Trans-Canada Highway and a major rail line giving the Property direct access to critical infrastructure.

The initial drill program will comprise approximately 2,000 meters. The program will attempt to (1) establish the orientation and continuity of several known lithium spodumene bearing pegmatites and, (2) increase the overall understanding of the pegmatite emplacement, fractionation and zonation trends. The ADL area being explored is approximately 1 km area in strike length.

Falcon West is part of Grid’s goal of building a large lithium (spodumene) resource base in the southeast Manitoba region that could support long-term spodumene concentrate production to help feed the rapidly expanding North American lithium battery manufacturing sector.

ADL Target Area

  • Spodumene-bearing pegmatites assaying up to 3.51% Li2O over 4.57 metres within a 12.2 metre section assaying 2.16% Li2O are noted in historical drill hole records from the Lucy (eastern) Pegmatite part of the area (Manitoba Mineral Inventory Card #119, Hole 24, East Braintree Lithium Corp.).
  • Most of the historical lithium-enriched pegmatite drill intersections are within a few metres to tens of metres from surface with two pegmatites ( Lucy and Artdon) outcropping at surface.
  • A non-compliant, historical resource* of 226,800 tonnes of 1.75 % Li2O was estimated on a portion of the Lucy Pegmatite which is part of the Property.
  • The Lucy Pegmatite has been described as being mineralogically and geochemically zoned, flat lying, extremely fractionated and broadly similar to the world class Tanco Pegmatite (Manitoba Assessment File #94845)
  • Validation outcrop sampling of the Artdon pegmatite, located ~1 km along strike from the Lucy pegmatite, was completed by Grid in 2023 and returned individual grab sample grades of up to 2.97% Li2O.
  • Analysis of previously unassayed drill core from a 2012 drill program at the Lucy Pegmatite returned several intersections of high-grade lithium and cesium (see Grid Metals Corp. Press Release dated. ( March 28, 2023).
  • To the Company’s knowledge, there has been no historical lithium exploration work on the Property outside the immediate ADL target area.
  • Grid Metals controls 100% of the mineral rights for the Property with a 2% NSR royalty held by the vendors of the ADL target area claims but with no NSR royalty on the majority of the Falcon West claims.
  • The Property is located approximately 110 km west of Winnipeg and 100 km south of Grid’s Donner Lake lithium project and features excellent infrastructure including the Trans-Canada Highway, major trans-continental rail lines and hydro-electric power lines.
  • * Source: Manitoba Inventory Card #119. Note that the Company’s QP for lithium exploration, Mr. Carey Galeschuk, is not able to verify the accuracy of this estimate. Accordingly, the Company does not consider this historical resource as a current resource and is developing an exploration plan to support the estimate of a 43-101 compliant lithium resource for the ADL target area. The historical estimate was believed to be based on 48 drill holes completed by the East Braintree Lithium Corporation in 1955 that were drilled to a maximum depth of 80 metres (Bannatyne, 1985).

The exploration program at Falcon West will be supervised by Carey Galeschuk, P.Geo., who is an experienced lithium geologist with over two decades of exploration experience in pegmatites with Grid Metals, Tantalum Mining Corporation of Canada, and other companies. Grid Metals applies best practice quality assurance and quality control ("QAQC") protocols on all it’s exploration sampling.

Mr. Galeschuk has reviewed and approved the contents of this press release with respect to NI 43-101 reporting guidelines.

About Grid Metals Corp.

Grid Metals is focused on its lithium properties in southeastern Manitoba (Donner Lake and Falcon West). The Company has a lease agreement for the True North Gold Mill with the intention to convert the processing circuit to produce lithium spodumene concentrate and fast track its Donner Lake Lithium Project into production. The Company also has a PEA stage Ni-Cu-PGM-Co project (Makwa-Mayville) in southeastern Manitoba.

On Behalf of the Board of Grid Metals Corp.

For more information about the Company please see the Company website at www.gridmetalscorp.com or contact:

Robin Dunbar – President, CEO & Director. Telephone: 416-955-4773. Email: rd@gridmetalscorp.com
Brandon Smith Chief Development Officer. Email: bsmith@gridmetalscorp.com
David Black – Investor Relations. Email: info@gridmetalscorp.com

We seek safe harbour. This news release contains 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 the Securities Act (Ontario) (together, "forward-looking statements"). Such forward-looking statements include the Company’s closing of the proposed financial transactions, sale of royalty and property interests. the overall economic potential of its properties, the availability of adequate financing and involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements expressed or implied by such forward- looking statements to be materially different. Such factors include, among others, risks and uncertainties relating to potential political risk, uncertainty of production and capital costs estimates and the potential for unexpected costs and expenses, physical risks inherent in mining operations, metallurgical risk, currency fluctuations, fluctuations in the price of nickel, cobalt, copper and other metals, completion of economic evaluations, changes in project parameters as plans continue to be refined, the inability or failure to obtain adequate financing on a timely basis, and other risks and uncertainties, including those described in the Company’s Management Discussion and Analysis for the most recent financial period and Material Change Reports filed with the Canadian Securities Administrators and available at www.sedar.com.

Neither the TSX Venture Exchange nor its Regulations 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.

This news release does not constitute an offer of securities for sale in the United States. The securities being offered have not been, nor will they be, registered under the United States Securities Act of 1933, as amended, and such securities may not be offered or sold within the United States absent U.S. registration or an applicable exemption from U.S. registration requirements.

SOURCE: Grid Metals Corp.

View the original press release on accesswire.com

Grid Metals Corp to Drill Falcon West Lithium Project in Southeastern Manitoba

Belt Scale Opportunity with High Grade Lithium Assays at Initial Drill Target Area

TORONTO, ON / ACCESSWIRE / January 19, 2024 / Grid Metals Corp (TSXV:GRDM)(OTCQB:MSMGF) (the "Company") today announced that it has received exploration permits and will immediately commence exploration drilling at its Falcon West Lithium Property (the "Property"), which is located approximately 110 km east of Winnipeg, Manitoba and 100 km south of the Company’s Donner Lake lithium property. The initial target area hosts high grade lithium and cesium mineralization in historical drill core. Approximately 2,000 meters of drilling are planned in the initial phase of the program.

Falcon West is a belt scale (61,268 hectares and ~90 km of strike length) lithium and rare metal property. It is located in the West Hawk Lake Greenstone Belt and hosted in mafic volcanics rocks present at the contact between the Wabigoon and Winnipeg River geological sub provinces. This important geological contact hosts several significant lithium deposits and occurrences including the Mavis Lake deposit. The West Hawk Lake Greenstone Belt is the next prospective greenstone belt to the south of the Bird River Greenstone Belt that hosts the world class large Tanco Pegmatite – one of the most evolved pegmatite known globally which hosts the producing Tanco Lithium and Rare Metals Mine. As of 1983, Tanco had spodumene reserves of 7,300,00 tons grading 2.76% Li2O.

The drill program will commence at the Artdon-Lucy (‘ADL’) target area of the Property, at which several historical drill programs intersected near surface pegmatites locally containing high lithium grades that are associated with spodumene. Historical drill highlights include 12 m at 2.2% Li2O and 12m at 1.8% Li2O.

Above- Greenstone belts and lithium resources in the southeastern area of Manitoba. The Donner Lake Resource (Grid Metals Corp. 75%) and Tanco Resource are on the north and south limbs, respectively, of the Bird River Greenstone Belt. The Falcon West Property (100% Grid Metals) covers the majority of the West Hawk Greenstone Belt that has seen very little prior exploration for lithium despite the fact that it occurs along the regionally extensive and highly prospective Winnipeg River – Wabigoon Province boundary.

Above: Geology of the West Hawk Lake Greenstone Belt showing the ADL Target area where lithium and rare metal pegmatites are hosted in the mafic volcanic rocks.

The ADL target area is approximately 110 km from Winnipeg and is transected by the Trans-Canada Highway and a major rail line giving the Property direct access to critical infrastructure.

The initial drill program will comprise approximately 2,000 meters. The program will attempt to (1) establish the orientation and continuity of several known lithium spodumene bearing pegmatites and, (2) increase the overall understanding of the pegmatite emplacement, fractionation and zonation trends. The ADL area being explored is approximately 1 km area in strike length.

Falcon West is part of Grid’s goal of building a large lithium (spodumene) resource base in the southeast Manitoba region that could support long-term spodumene concentrate production to help feed the rapidly expanding North American lithium battery manufacturing sector.

ADL Target Area

  • Spodumene-bearing pegmatites assaying up to 3.51% Li2O over 4.57 metres within a 12.2 metre section assaying 2.16% Li2O are noted in historical drill hole records from the Lucy (eastern) Pegmatite part of the area (Manitoba Mineral Inventory Card #119, Hole 24, East Braintree Lithium Corp.).
  • Most of the historical lithium-enriched pegmatite drill intersections are within a few metres to tens of metres from surface with two pegmatites ( Lucy and Artdon) outcropping at surface.
  • A non-compliant, historical resource* of 226,800 tonnes of 1.75 % Li2O was estimated on a portion of the Lucy Pegmatite which is part of the Property.
  • The Lucy Pegmatite has been described as being mineralogically and geochemically zoned, flat lying, extremely fractionated and broadly similar to the world class Tanco Pegmatite (Manitoba Assessment File #94845)
  • Validation outcrop sampling of the Artdon pegmatite, located ~1 km along strike from the Lucy pegmatite, was completed by Grid in 2023 and returned individual grab sample grades of up to 2.97% Li2O.
  • Analysis of previously unassayed drill core from a 2012 drill program at the Lucy Pegmatite returned several intersections of high-grade lithium and cesium (see Grid Metals Corp. Press Release dated. ( March 28, 2023).
  • To the Company’s knowledge, there has been no historical lithium exploration work on the Property outside the immediate ADL target area.
  • Grid Metals controls 100% of the mineral rights for the Property with a 2% NSR royalty held by the vendors of the ADL target area claims but with no NSR royalty on the majority of the Falcon West claims.
  • The Property is located approximately 110 km west of Winnipeg and 100 km south of Grid’s Donner Lake lithium project and features excellent infrastructure including the Trans-Canada Highway, major trans-continental rail lines and hydro-electric power lines.
  • * Source: Manitoba Inventory Card #119. Note that the Company’s QP for lithium exploration, Mr. Carey Galeschuk, is not able to verify the accuracy of this estimate. Accordingly, the Company does not consider this historical resource as a current resource and is developing an exploration plan to support the estimate of a 43-101 compliant lithium resource for the ADL target area. The historical estimate was believed to be based on 48 drill holes completed by the East Braintree Lithium Corporation in 1955 that were drilled to a maximum depth of 80 metres (Bannatyne, 1985).

The exploration program at Falcon West will be supervised by Carey Galeschuk, P.Geo., who is an experienced lithium geologist with over two decades of exploration experience in pegmatites with Grid Metals, Tantalum Mining Corporation of Canada, and other companies. Grid Metals applies best practice quality assurance and quality control ("QAQC") protocols on all it’s exploration sampling.

Mr. Galeschuk has reviewed and approved the contents of this press release with respect to NI 43-101 reporting guidelines.

About Grid Metals Corp.

Grid Metals is focused on its lithium properties in southeastern Manitoba (Donner Lake and Falcon West). The Company has a lease agreement for the True North Gold Mill with the intention to convert the processing circuit to produce lithium spodumene concentrate and fast track its Donner Lake Lithium Project into production. The Company also has a PEA stage Ni-Cu-PGM-Co project (Makwa-Mayville) in southeastern Manitoba.

On Behalf of the Board of Grid Metals Corp.

For more information about the Company please see the Company website at www.gridmetalscorp.com or contact:

Robin Dunbar – President, CEO & Director. Telephone: 416-955-4773. Email: rd@gridmetalscorp.com
Brandon Smith Chief Development Officer. Email: bsmith@gridmetalscorp.com
David Black – Investor Relations. Email: info@gridmetalscorp.com

We seek safe harbour. This news release contains 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 the Securities Act (Ontario) (together, "forward-looking statements"). Such forward-looking statements include the Company’s closing of the proposed financial transactions, sale of royalty and property interests. the overall economic potential of its properties, the availability of adequate financing and involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements expressed or implied by such forward- looking statements to be materially different. Such factors include, among others, risks and uncertainties relating to potential political risk, uncertainty of production and capital costs estimates and the potential for unexpected costs and expenses, physical risks inherent in mining operations, metallurgical risk, currency fluctuations, fluctuations in the price of nickel, cobalt, copper and other metals, completion of economic evaluations, changes in project parameters as plans continue to be refined, the inability or failure to obtain adequate financing on a timely basis, and other risks and uncertainties, including those described in the Company’s Management Discussion and Analysis for the most recent financial period and Material Change Reports filed with the Canadian Securities Administrators and available at www.sedar.com.

Neither the TSX Venture Exchange nor its Regulations 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.

This news release does not constitute an offer of securities for sale in the United States. The securities being offered have not been, nor will they be, registered under the United States Securities Act of 1933, as amended, and such securities may not be offered or sold within the United States absent U.S. registration or an applicable exemption from U.S. registration requirements.

SOURCE: Grid Metals Corp.

View the original press release on accesswire.com

Military Experience Translates to Success for Vets

Reentering the workforce can be challenging for veterans, but programs and initiatives spearheaded by Koch are helping them find fulfillment in new roles

NORTHAMPTON, MA / ACCESSWIRE / January 19, 2024 / Every year, roughly 250,000 members of the armed forces take off their uniforms for the last time and step back into the civilian world ready to rejoin the U.S. workforce and begin the next chapter of their lives. That’s 250,000 highly skilled, team-oriented individuals with world-class training in specialized fields ready to apply their unique experience to new roles in the private sector.

But without access to reintegration education and preparation for that life-changing experience, this transition from soldier to civilian can be a difficult one.

The biggest challenge I faced was getting past human resources managers.

Ezell Tornes, US Army and Army National Guard, Material Management Supervisor

For Ezell Tornes, a 25-year veteran of the Army and Army National Guard who now works as a material management supervisor for Guardian Industries in DeWitt, Iowa, finding roles he qualified for or that interested him wasn’t difficult – the hardest part was simply getting a foot in the door. Tornes said, "Often, I wouldn’t even hear back from a company."

I was aware that I had some marketable skills but had to translate that into something a company would understand.

Casey Olin, United States Air Force, Operations Manager

But for veterans like Casey Olin, a 14-year veteran of the United States Air Force and now an operations manager for GP Harmon Recycling, translating military skills and work experience into civilian terms was an even greater challenge. "It was a strange, new thing," said Olin.

I think if I could go back, I would have definitely tried to find a mentor."

Shannon Vivar, Marine Corps, Director of Risk Optimization

Five-year Marine Corps veteran Shannon Vivar, director of risk optimization with Koch Industries said, "And I would have tried to use some of the veteran organizations and resources available to help me understand where my comparative advantages were and what I was bringing to the table."

We’re Proud To Employ Thousands Of Military Veterans Across All Koch Companies.

Meet just a few of the men and women whose service makes a difference every day and some advice they offer to those going through this process. Read more about them here.

This year alone, we’ve hired on vets across 20 different career fields.

John Buckley, US Army Colonel, Military Relations Manager

Since taking on the responsibility of military relations manager for Koch Industries in 2014, retired Army Colonel John Buckley has been busy working to make this transition easier for veterans like Vivar, Tornes and Owen. By doing so, Buckley has helped grow Koch Industries’ veteran population nearly four-fold and led the company to achieve Military Friendly silver status for the first time in 2018.

The Military Friendly designation is important to Buckley because it recognizes the Market-Based Management (MBM) philosophy that guides Koch culture is in direct alignment with the values soldiers exemplify in the service — and that’s something he wants veterans and those exiting the military to know. It’s that kind of alignment that makes Koch a cultural fit for veterans, and vice versa.

"From a growth perspective, we started out with seven career fields as a hiring focus at Koch, like business and engineering, and so on," said Buckley. "This year alone, we’ve hired on vets across 20 different career fields. And we’re connecting them to MBM trainings and mentorship programs. But I continue to challenge the status quo in wondering how can we take it to the next level? Because I still feel like we’re leaving a lot of quality people on the table."

This training and mentorship is part of Koch’s multifaceted approach to veteran recruiting and retention, which also integrates job training opportunities like Hiring Our Heroes and Heroes Make America, and provides online resources for transitioning soldiers.

Outside of Koch, Buckley has worked with other large businesses like GM, Textron and J.P Morgan to share best practices on veteran hiring and retention strategies, as well as counseled veterans in need of guidance. It’s this partnership with other organizations and willingness to collaborate beyond company walls that’s most telling of Buckley’s passion for helping veterans, whether with Koch or elsewhere.

Tony Leiding knows this better than anyone. Leiding, a U.S. Army captain and Blackhawk helicopter pilot who flew aeromedical evacuation missions, left the service in 2015 after eight years of active duty and began seeking opportunities to put his MBA to work. Through networking and more than 50 informational interviews with various companies in the Wichita area, Leiding connected with Buckley.

I’ve been able to take a lot of the pointers and tips he shared with me and pay it forward by passing that knowledge along to friends who’ve also transitioned out of the military.

Tony Leiding, US Army Captain, Director of Operations

"I sent him my resume, and I thought I had what I considered to be a pretty solid resume," Leiding recalled. "But he had a very frank conversation with me about the need to make it more ‘civilianized,’ for lack of a better word – really make it clear what I did in the service and equate that to civilian experience. It was a hard conversation, but it was what I needed to hear."

Leiding incorporated Buckley’s feedback and was in the process of applying for multiple positions with Koch when opportunity came knocking from another ethanol company. That company interviewed Leiding and hired him on the spot, and he’s been working there ever since. But he hasn’t forgotten the guidance he received that helped make it happen.

"John’s a wonderful guy, and he knows his stuff about transition," said Leiding. "His guidance to me was certainly invaluable, and I’ve been able to take a lot of the pointers and tips he shared with me and pay it forward by passing that knowledge along to friends who’ve also transitioned out of the military."

View additional multimedia and more ESG storytelling from Koch Industries on 3blmedia.com.

Contact Info:
Spokesperson: Koch Industries
Website: https://www.3blmedia.com/profiles/koch-industries
Email: info@3blmedia.com

SOURCE: Koch Industries

View the original press release on accesswire.com

Feet in the Mud, Head in the Sky: A Morning Among the Mangroves

BY JIM COLVINE AND ERIN GOODHAND

NORTHAMPTON, MA / ACCESSWIRE / January 19, 2024 / We’d been paddling along the southern shore of the Arabian Gulf for about half an hour when M. Sanjayan, the CEO of Conservation International, stilled our chattering with a single word. "Listen," he said.

Conservation International CEO M. Sanjayan joined other sustainability leaders on a field visit to Mangrove Beach during COP28, seeing firsthand the carbon-storing power of mangrove forests and planting saplings at the site.

At first we heard nothing. Then the lapping of water against our kayaks. The distant flapping of wings. Nothing, and then everything.

Thirty-five of us had traveled an hour and a half north from the artificially chilled conference rooms and crowded reception halls of Dubai, United Arab Emirates, where we had spent the previous week at the UN Climate Change Conference, also known as COP28, joining government officials and nonprofit and private-sector leaders in advancing solutions to address the climate crisis. Today, though, was an opportunity to bring those conversations to life and remind us what we’re all fighting for.

In 2020, Mastercard founded the Priceless Planet Coalition with Conservation International and World Resources Institute, uniting the efforts of businesses and consumers to fight climate change, with a goal of restoring 100 million trees across six continents.

We work with scientific experts to design and identify projects and ensure the integrity of our restoration practices. We also collaborate closely with the people whose lives and livelihoods are threatened by the loss of these habitats – and who could benefit from careful and thoughtful restoration, like the Indigenous Arhuaco of the Colombian highlands, the fishing communities of Cambodia’s Tonle Sap lake, and the farmers of Australia’s Southern Tablelands.

In the Middle East, we set our sights on 25 acres of mangrove forest in the UAE, partnering with Emirates Nature-World Wildlife Fund to restore 50,000 mangrove trees along the Arabian Gulf. In addition to capturing carbon, these mangroves protect coastlines from storm surges and provide habitat for a wide variety of marine species, which in turn keep local fisheries healthy and the regional economy thriving

COP28 offered a perfect moment for our customers and partners to understand what makes the Priceless Planet Coalition extraordinary and distinct from other planting and restoration programs. On this day, they experienced a critical ecosystem firsthand, and contributed to its future by planting mangrove saplings. Our aim was to inspire them to launch their own campaigns to support the coalition’s goal of restoring 100 million trees.

We set off that morning with Sanjayan, Johan Rockström of the Potsdam Institute for Climate Impact Research and Conservation International’s chief scientist, and other world-renowned conservation experts and climate scientists. Once we reached the aptly named Mangrove Beach in Umm Al Quwain, we learned more about the unique role coastal and marine systems play in combating climate change.

Mangrove forests thrive in salty coastal waters of the tropics and subtropics. Their dense masses of roots at and below the waterline are incredibly effective at storing "coastal blue carbon," the term for carbon captured in saltwater ecosystems. (Sea grasses and salt marshes play the same role.)

Globally, these ecosystems have a smaller footprint than tropical rainforests but can sequester more carbon per acre, more quickly – making them a critical and irreplaceable tool in our fight against climate change. Sanjayan called these mangrove forests the "the hardest-working habitats on earth."

We boarded our kayaks and paddled out under the beating sun, which sharpened every detail of our surroundings – the faintest ripples on the placid water, the black-tipped wings of flamingos in flight and slender stalks of mangrove saplings spearing the water’s surface as they stretched toward the sky. We learned more from our experts during our time on the water, but as Sanjayan suggested, we also let the beauty and peace of the landscape speak for itself. You can hear it; you just have to be willing to listen.

As the tide began to recede, we drew up to shore, eager for the main event. Toting foot-tall saplings, we walked along the beach to the planting site, brushing the dirt from the mangroves’ root balls and setting them carefully into the muddy soil. Our hands and knees were coated in silvery gray silt, our necks turned pink in the heat, our shoulders tight and sore – but our spirits high.

While everyone at COP28 understood the precariousness of the moment, this trip to Mangrove Beach underscored the possibility of our mission. It brought to life the potential of high-quality, science-based restoration and sparked honest conversations with our customers and coalition partners about our goals, where our strategies align, and how, by knitting together our networks, we can drive deeper impact.

Now, with our feet sunk in the mud, setting root to soil, something else flowered – our connections to the natural world, to each other and to our mission to fight climate change, one mangrove at a time.

Jim Colvine is a senior vice president who leads sustainability products for Mastercard, including the Priceless Planet Coalition and Carbon Calculator for consumers. He has worked in payments for two decades and holds a Ph.D. in tuberculosis research. Erin Goodhand is a director of sustainability and ESG who has worked for more than 15 years at the intersection of social impact, technology and communications and is focused on stakeholder engagement, including collaborating with NGO partners of the Priceless Planet Coalition.

Click here to view the original content

View additional multimedia and more ESG storytelling from Mastercard on 3blmedia.com.

Contact Info:
Spokesperson: Mastercard
Website: https://www.3blmedia.com/profiles/mastercard
Email: info@3blmedia.com

SOURCE: Mastercard

View the original press release on accesswire.com

Feet in the Mud, Head in the Sky: A Morning Among the Mangroves

BY JIM COLVINE AND ERIN GOODHAND

NORTHAMPTON, MA / ACCESSWIRE / January 19, 2024 / We’d been paddling along the southern shore of the Arabian Gulf for about half an hour when M. Sanjayan, the CEO of Conservation International, stilled our chattering with a single word. "Listen," he said.

Conservation International CEO M. Sanjayan joined other sustainability leaders on a field visit to Mangrove Beach during COP28, seeing firsthand the carbon-storing power of mangrove forests and planting saplings at the site.

At first we heard nothing. Then the lapping of water against our kayaks. The distant flapping of wings. Nothing, and then everything.

Thirty-five of us had traveled an hour and a half north from the artificially chilled conference rooms and crowded reception halls of Dubai, United Arab Emirates, where we had spent the previous week at the UN Climate Change Conference, also known as COP28, joining government officials and nonprofit and private-sector leaders in advancing solutions to address the climate crisis. Today, though, was an opportunity to bring those conversations to life and remind us what we’re all fighting for.

In 2020, Mastercard founded the Priceless Planet Coalition with Conservation International and World Resources Institute, uniting the efforts of businesses and consumers to fight climate change, with a goal of restoring 100 million trees across six continents.

We work with scientific experts to design and identify projects and ensure the integrity of our restoration practices. We also collaborate closely with the people whose lives and livelihoods are threatened by the loss of these habitats – and who could benefit from careful and thoughtful restoration, like the Indigenous Arhuaco of the Colombian highlands, the fishing communities of Cambodia’s Tonle Sap lake, and the farmers of Australia’s Southern Tablelands.

In the Middle East, we set our sights on 25 acres of mangrove forest in the UAE, partnering with Emirates Nature-World Wildlife Fund to restore 50,000 mangrove trees along the Arabian Gulf. In addition to capturing carbon, these mangroves protect coastlines from storm surges and provide habitat for a wide variety of marine species, which in turn keep local fisheries healthy and the regional economy thriving

COP28 offered a perfect moment for our customers and partners to understand what makes the Priceless Planet Coalition extraordinary and distinct from other planting and restoration programs. On this day, they experienced a critical ecosystem firsthand, and contributed to its future by planting mangrove saplings. Our aim was to inspire them to launch their own campaigns to support the coalition’s goal of restoring 100 million trees.

We set off that morning with Sanjayan, Johan Rockström of the Potsdam Institute for Climate Impact Research and Conservation International’s chief scientist, and other world-renowned conservation experts and climate scientists. Once we reached the aptly named Mangrove Beach in Umm Al Quwain, we learned more about the unique role coastal and marine systems play in combating climate change.

Mangrove forests thrive in salty coastal waters of the tropics and subtropics. Their dense masses of roots at and below the waterline are incredibly effective at storing "coastal blue carbon," the term for carbon captured in saltwater ecosystems. (Sea grasses and salt marshes play the same role.)

Globally, these ecosystems have a smaller footprint than tropical rainforests but can sequester more carbon per acre, more quickly – making them a critical and irreplaceable tool in our fight against climate change. Sanjayan called these mangrove forests the "the hardest-working habitats on earth."

We boarded our kayaks and paddled out under the beating sun, which sharpened every detail of our surroundings – the faintest ripples on the placid water, the black-tipped wings of flamingos in flight and slender stalks of mangrove saplings spearing the water’s surface as they stretched toward the sky. We learned more from our experts during our time on the water, but as Sanjayan suggested, we also let the beauty and peace of the landscape speak for itself. You can hear it; you just have to be willing to listen.

As the tide began to recede, we drew up to shore, eager for the main event. Toting foot-tall saplings, we walked along the beach to the planting site, brushing the dirt from the mangroves’ root balls and setting them carefully into the muddy soil. Our hands and knees were coated in silvery gray silt, our necks turned pink in the heat, our shoulders tight and sore – but our spirits high.

While everyone at COP28 understood the precariousness of the moment, this trip to Mangrove Beach underscored the possibility of our mission. It brought to life the potential of high-quality, science-based restoration and sparked honest conversations with our customers and coalition partners about our goals, where our strategies align, and how, by knitting together our networks, we can drive deeper impact.

Now, with our feet sunk in the mud, setting root to soil, something else flowered – our connections to the natural world, to each other and to our mission to fight climate change, one mangrove at a time.

Jim Colvine is a senior vice president who leads sustainability products for Mastercard, including the Priceless Planet Coalition and Carbon Calculator for consumers. He has worked in payments for two decades and holds a Ph.D. in tuberculosis research. Erin Goodhand is a director of sustainability and ESG who has worked for more than 15 years at the intersection of social impact, technology and communications and is focused on stakeholder engagement, including collaborating with NGO partners of the Priceless Planet Coalition.

Click here to view the original content

View additional multimedia and more ESG storytelling from Mastercard on 3blmedia.com.

Contact Info:
Spokesperson: Mastercard
Website: https://www.3blmedia.com/profiles/mastercard
Email: info@3blmedia.com

SOURCE: Mastercard

View the original press release on accesswire.com

Military Experience Translates to Success for Vets

Reentering the workforce can be challenging for veterans, but programs and initiatives spearheaded by Koch are helping them find fulfillment in new roles

NORTHAMPTON, MA / ACCESSWIRE / January 19, 2024 / Every year, roughly 250,000 members of the armed forces take off their uniforms for the last time and step back into the civilian world ready to rejoin the U.S. workforce and begin the next chapter of their lives. That’s 250,000 highly skilled, team-oriented individuals with world-class training in specialized fields ready to apply their unique experience to new roles in the private sector.

But without access to reintegration education and preparation for that life-changing experience, this transition from soldier to civilian can be a difficult one.

The biggest challenge I faced was getting past human resources managers.

Ezell Tornes, US Army and Army National Guard, Material Management Supervisor

For Ezell Tornes, a 25-year veteran of the Army and Army National Guard who now works as a material management supervisor for Guardian Industries in DeWitt, Iowa, finding roles he qualified for or that interested him wasn’t difficult – the hardest part was simply getting a foot in the door. Tornes said, "Often, I wouldn’t even hear back from a company."

I was aware that I had some marketable skills but had to translate that into something a company would understand.

Casey Olin, United States Air Force, Operations Manager

But for veterans like Casey Olin, a 14-year veteran of the United States Air Force and now an operations manager for GP Harmon Recycling, translating military skills and work experience into civilian terms was an even greater challenge. "It was a strange, new thing," said Olin.

I think if I could go back, I would have definitely tried to find a mentor."

Shannon Vivar, Marine Corps, Director of Risk Optimization

Five-year Marine Corps veteran Shannon Vivar, director of risk optimization with Koch Industries said, "And I would have tried to use some of the veteran organizations and resources available to help me understand where my comparative advantages were and what I was bringing to the table."

We’re Proud To Employ Thousands Of Military Veterans Across All Koch Companies.

Meet just a few of the men and women whose service makes a difference every day and some advice they offer to those going through this process. Read more about them here.

This year alone, we’ve hired on vets across 20 different career fields.

John Buckley, US Army Colonel, Military Relations Manager

Since taking on the responsibility of military relations manager for Koch Industries in 2014, retired Army Colonel John Buckley has been busy working to make this transition easier for veterans like Vivar, Tornes and Owen. By doing so, Buckley has helped grow Koch Industries’ veteran population nearly four-fold and led the company to achieve Military Friendly silver status for the first time in 2018.

The Military Friendly designation is important to Buckley because it recognizes the Market-Based Management (MBM) philosophy that guides Koch culture is in direct alignment with the values soldiers exemplify in the service — and that’s something he wants veterans and those exiting the military to know. It’s that kind of alignment that makes Koch a cultural fit for veterans, and vice versa.

"From a growth perspective, we started out with seven career fields as a hiring focus at Koch, like business and engineering, and so on," said Buckley. "This year alone, we’ve hired on vets across 20 different career fields. And we’re connecting them to MBM trainings and mentorship programs. But I continue to challenge the status quo in wondering how can we take it to the next level? Because I still feel like we’re leaving a lot of quality people on the table."

This training and mentorship is part of Koch’s multifaceted approach to veteran recruiting and retention, which also integrates job training opportunities like Hiring Our Heroes and Heroes Make America, and provides online resources for transitioning soldiers.

Outside of Koch, Buckley has worked with other large businesses like GM, Textron and J.P Morgan to share best practices on veteran hiring and retention strategies, as well as counseled veterans in need of guidance. It’s this partnership with other organizations and willingness to collaborate beyond company walls that’s most telling of Buckley’s passion for helping veterans, whether with Koch or elsewhere.

Tony Leiding knows this better than anyone. Leiding, a U.S. Army captain and Blackhawk helicopter pilot who flew aeromedical evacuation missions, left the service in 2015 after eight years of active duty and began seeking opportunities to put his MBA to work. Through networking and more than 50 informational interviews with various companies in the Wichita area, Leiding connected with Buckley.

I’ve been able to take a lot of the pointers and tips he shared with me and pay it forward by passing that knowledge along to friends who’ve also transitioned out of the military.

Tony Leiding, US Army Captain, Director of Operations

"I sent him my resume, and I thought I had what I considered to be a pretty solid resume," Leiding recalled. "But he had a very frank conversation with me about the need to make it more ‘civilianized,’ for lack of a better word – really make it clear what I did in the service and equate that to civilian experience. It was a hard conversation, but it was what I needed to hear."

Leiding incorporated Buckley’s feedback and was in the process of applying for multiple positions with Koch when opportunity came knocking from another ethanol company. That company interviewed Leiding and hired him on the spot, and he’s been working there ever since. But he hasn’t forgotten the guidance he received that helped make it happen.

"John’s a wonderful guy, and he knows his stuff about transition," said Leiding. "His guidance to me was certainly invaluable, and I’ve been able to take a lot of the pointers and tips he shared with me and pay it forward by passing that knowledge along to friends who’ve also transitioned out of the military."

View additional multimedia and more ESG storytelling from Koch Industries on 3blmedia.com.

Contact Info:
Spokesperson: Koch Industries
Website: https://www.3blmedia.com/profiles/koch-industries
Email: info@3blmedia.com

SOURCE: Koch Industries

View the original press release on accesswire.com

A3Logics Looks East, Setting Up Another Base in Singapore to Cater to APAC Regions

A3Logics announces strengthening service offerings in APAC with a dedicated team based out of Singapore with a key focus on data science and digital transformation.

CARLSBAD, CA / ACCESSWIRE / January 19, 2024 / A3Logics, a digital transformation and technology consulting company, on Tuesday announced the opening of their new office in Singapore, aimed at serving the Asia Pacific markets. The company’s regional investment is strategically designed to diversify IT services, catering to a wide range of clients from startups to publicly traded companies in the APAC market.

Committed to offering value-added consulting services in the region, A3Logics has established a center of excellence dedicated to the practice of digital transformation. This forward-thinking and solutions-oriented approach will not only sustain advancements but also offer quality, cost-effective services, reflecting the company’s dedication to the region. The decision to open a Singapore office signifies A3Logics’ commitment to growth, diversification, and its aspiration to be a multicultural and inclusive organization.

A3Logics vision encompasses and celebrates local market traditions while empowering clients everywhere to retain their business DNA and identity. This unification of tools and technology with markets and meaning ensures that A3Logics regional presence will measurably promote client interests.

"We view this expansion to newer markets as an opportunity to foster technological innovation that drives sustainable, profitable change for the local community," said Akhilesh Sharma, Chief Executive Officer of A3Logics. "The APAC region is an unmatched business powerhouse that enriches global markets and we’re thrilled to synergize our digital transformation and data science services with businesses here."

For A3Logics, every client and their client’s customers are central to ideation and decision-making to reinforce unique market needs. Therefore, A3Logics is eager to implement their APAC operations strategy through cutting-edge solutions that nurture growth for regional businesses.

A3Logics has appointed Gaurav Singh as the Vice President of Sales to lead its operations in the Asia-Pacific (APAC) region. With over 12 years of extensive experience in navigating and excelling in dynamic markets, A3Logics positions him as a valuable asset in steering the company towards continued success and establishing its presence as a key player in the APAC IT landscape.

"Basing our office in Singapore’s energizing business nucleus and expanding across APAC, we’re investing in every client’s innovations and success," affirmed Gaurav Singh, A3Logics Sales Vice President. "A3Logics Singapore is bringing new digital transformation options to clients and strengthening trademark offerings."

A3Logics, a digital transformation and consulting company has delivered more than 20 years of profitable products and solutions. The Singapore office operates alongside centers in the United States, United Kingdom, United Arab Emirates, Malaysia, and India.

Visit the A3Logics Singapore website for more information on consultations and the comprehensive services offerings.

Contact Information

Akhilesh Sharma
CEO
(442) 615-9676

SOURCE: A3Logics

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View the original press release on newswire.com.