By Christian Granholm

On this day in Canadian history, June 13, 1993: Kim Campbell wins the leadership race for the Progressive Conservative Party.

After Brian Mulroney’s retirement, Kim becomes a de facto shoe-in for Prime Minister – Canada’s first female in the role.

Kim Campbell, Leader of the Conservative Party and Prime Minister designate is given a standing ovation in the House of Commons by Prime Minister Brian Mulroney and other members of the government on June 16, 1993. (Tom Hanson/CP)

Oh Canada, once again beating the US by at least 27 years.

New Listings

The CSE welcomes the following new listings this week:

TruFace Technologies Inc. (CSE: TTT)

June 10th

Asante Gold Corporation (CSE:ASE) notes that Ghana has overtaken South Africa as the largest gold producer in Africa, producing some 4.8 Moz in 2018.

Ghana’s production is set to increase again with the imminent re-start of the Anglo Gold Ashanti Obuasi mine (66 Moz global gold resource) with an annual production target of +350koz.

Asante is continuing to evaluate the new disruptor’SMD mining technique for application at Kubi. SMD is a large bore precision drilling method that enables direct mining of narrow deposits. The   SMD method is being developed and commercialized by Anaconda Mining Inc. in collaboration with Memorial University of Newfoundland.

Anaconda has announced a ’proof of concept’field trial at one of their deposits in Newfoundland, targeting to start up in late August/September with the trial lasting around two months.

MGX Minerals Inc. (CSE: XMG) and Eureka Resources announce signing of a definitive Joint Venture Agreement which outlines a new strategic partnership.

The newly formed JV will initially focus on fast tracking deployment of the world’s first commercial rapid lithium recovery system at Eureka’s state-of-the-art Standing Stone advanced wastewater Treatment Facility near Towanda, Pennsylvania.

June 11th

Western Uranium & Vanadium Corp. (CSE: WUC) has assembled the personnel and resources to open the Sunday Mine Complex.

The first underground work is expected to commence in June. After mine opening, vanadium ore samples will be delivered to vanadium processors and users around the world.

Historic geological and mining data, as well as mine maps from past operations are being studied,  while the team completes final ventilation requirements. Western will start the Project at two mines – the Sunday Mine and the St. Jude Mine.

THC BioMed Intl Ltd. (CSE: THC) is the first Canadian Licensed Producer to automate the pre-rolling of cigarettes containing 100% cannabis. In the same way automation changed the tobacco industry, THC BioMed is confident the automation of Pure Cannabis Cigarettes will bring meaningful changes to the current cannabis industry and its bottom line.

The Pure Cannabis Cigarettes are to be packaged in lots of 3 and 20. Each Pure Cannabis Cigarette will be intended for a single-use session and will come with a commercial-grade cigarette filter. There will be no tobacco in the Pure Cannabis Cigarettes.

June 12th

Zanzibar Gold Inc. (CSE: ZBR) is in negotiations for an option earn-in agreement to acquire a 100% interest subject to a royalty in favour of the proposed property option in the Fakawi Gold property in North-central Tanzania.

During  exploration work programs completed in  2012, several gold bearing veins were observed that have spawned several areas of placer gold mining by the local residents. Sampling to the west of the main valley following up on a soil sample of 310 ppb gold by a small trench revealed a quartz vein that assayed 40.70 grams and 57.99 grams (approximately 1.2 ounces and 1.7 ounces respectively) across  a 1 metre width. 

Sunniva Inc. (CSE:SNN) agrees to sell its Okanagan Falls property to CannaPharmaRx for $20 million.

SMI owns  the Sunniva  Canada Campus,which  includes construction  assets  for a planned  759,000  square  foot greenhouse located on an approximately 114-acre property in Okanagan Falls, British Columbia.

Exro Technologies Inc. (CSE: XRO) report the architectural design of its Intelligent Energy Management System has been completed addressing the important relationship between the electric motor and the lithium ion battery.

Exro’s system targets energy usage between  lithium ion battery cells and the electric motor, to  improve performance and realize savings. The design consists of five modular units which can be integrated independently, providing additional benefits. Maximum benefits of enhanced performance, efficiency and increased battery life can be achieved when the full product line is applied.

June 13th

Chemesis International Inc. (CSE: CSI) has begun commercialization of QuickStrip Oral Thin Strips.

The Company will deliver CBD infused strips across the United States as well as THC & CBD infused strips in Puerto Rico.

Pacific Rim Cobalt Corp. (CSE: BOLT) announce additional results from its ongoing 2019 shallow vertical diamond drilling program at its flagship Cyclops, nickel/cobalt development project, Indonesia.

The drilling is part of a multi‐faceted exploration program aimed at confirming historical results and producing a resource estimate in late 2019.

Highlights:

• Drilling consistently confirming elevated nickel and cobalt values
• Shallow mineralization from surface
• 7‐metre intercept containing 1.83% nickel equivalent

Irving Resources Inc. (CSE:IRV) update on drilling and loop electromagnetic surveys at its Omu Gold Project, Hokkaido, Japan.

Highlights:

• Assays from hole 19OMS-002 show continuous gold (Au)and silver (Ag)mineralization over 152 m including multiple significant vein and vein breccia zones.
• Two phases of mineralization are evidentat Omu Sinter, anearly Ag-rich phase and a later Au-rich phase.

June 14th

Stillcanna Inc.(CSE:STI) announce that favorable weather conditions and above average temperatures in Poland is having a positive effect on its current hemp crop. 

“There is a shortage of both CBD and good biomass in Europe,” stated Jason Dussault CEO of Stillcanna.

Hemp, unlike many other crops, thrives in a hot dry climate and Poland has been experiencing warmer than usual weather. The Company’s agricultural experts at Olimax in Poland are anticipating harvesting more biomass from its 1,500-hectare crop than previously expected. Originally, the Company anticipated harvesting 250 kilograms of dry flower per hectare, but the Company now expects to harvest 350 kilograms of dry flower per hectare.

The Overall

Overall trend reflects global markets this week, lowering from 707.06 on Monday to close at 654.56 on Friday.

Always Be Closing

The Canadian dollar holds steady, despite what some say are imminent cuts to US interest rates from the US Federal Reserve.

Ongoing disputes from China are hammering select Canadian industries, with the latest target being Canadian pork exports.

Meanwhile, interesting news on the Canadian tech front, as a world’s first DNA testing product enters the market.

Atlas Biomed, a personalized health technology company, announced the launch of its DNA test and Microbiome test in Canada.

The tests use DNA-based science to provide users with deep insights into health and disease risks, ancestry, and provide specific recommendations on how to reduce these risks through diet and lifestyle changes. Atlas Biomed is currently the only company worldwide offering both tests directly to consumers.