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This Week on the CSE – June 17th through 21st

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By Christian Granholm

 

On this day in Canadian history, June 17, 1871: Anna Swan, Nova Scotia’s giantess, marries fellow giant Martin Van Buren Bates at St. Martin-in-the Fields Church near Trafalgar Square in London, England. The world’s tallest married couple are a sensation.

 

Weighing 18 pounds at birth, Anna Swan was famous in Nova Scotia because of her height, long before her discovery by circus legend P.T. Barnum. She worked at his New York museum for many years, nearly dying in the fire that destroyed the original building.

 

 

New Listings

 

 

The CSE welcomes the following new listings this week:

 

 

Leocor Ventures Inc. (CSE: LECR)

Michelin Mining Corp. (CSE: MICH)

Trulieve Cannabis Corp.  – Warrants and Debentures (CSE: TRUL.WT and TRUL.DB.U)

 

June 17th

 

 

One World Lithium Inc. (CSE: OWLI) reports the completion of holes 2019 -1 and 2019 -3 on its Salar del Diablo Property located in Mexico.

 

 

Sediment samples will be analyzed utilizing ICP (induction coupled plasma) for 41 elements, including lithium, potassium, magnesium, boron, and an associated suite of other pertinent elements.

 

 

 

PreveCeutical Medical Inc. (CSE: PREV) provide positive results from research conducted for its dual gene therapy research program.

 

 

The siRNA constructs represent the therapeutic”component of the proposed gene therapy and are an important part of the gene therapy approach for potential application in type 2 diabetes and obesity.

 

 

 

International Cobalt Corp. (CSE: CO) announce that preparations are underway for a summer exploration program at Blackbird Creek Property, located near Salmon, Idaho. The company believes there is potential for rare earth elements.

 

 

 

Tartisan Nickel Corp. (CSE: TN) has  closed  the acquisition  of the  past-producing  Sill  Lake  Silver-Lead  property, Vankoughnet Twp, Sault Ste.Marie Mining Division, Ontario.

 

 

The Sill Lake acquisition includes 13 single-cell mining claims and four boundary-cell claims that total  some 372.8 hectares. Lead-zinc-silver mineralization was discovered at Sill Lake in 1892; since that time sufficient works have been completed so as to define a (historical) measured and indicated resource of 112,751 tonnes of 134 g/t silver, 0.62% lead, and 0.21% zinc.

 

 

June 18th

 

 

Talisker Resources Ltd. (CSE:TSK) has entered into three agreements further expanding its land position in the Spences Bridge Gold Belt. These agreements, with separate arm’s length vendors, are for strategic mineral claims covering known low-sulphidation epithermal vein occurrences. 

 

 

Terry Harbort, President & CEO of Talisker commented, “The continued consolidation of third party claims within the Spences Bridge Gold Belt solidifies our position as a dominant player in this  emerging gold district. Acquiring these mineral claims with outcropping vein occurrences allows Talisker the opportunity to focus our  ystematic exploration potentially shortening the timeline to discovery.”

 

 

 

One World Lithium Inc. ( CSE-OWLI) has found multiple aquifers containing brines over a wide  area as well as completing its current drilling program at its Salar del Diablo Property located in the State of Baja California Norte, Mexico.

 

 

 

Valens GroWorks Corp. (CSE: VGW) substantially increases annual extraction capacity to 425,000kg with plans to increase capacity to over 1,000,000kg.

 

 

 

American Pacific Mining Corp (CSE: USGD) announces start of key geophysical survey at the high-grade Tuscarora Gold Project.

 

 

CSAMT (Controlled Source Audio-frequency Magneto-tellurics) raw data will be processed and interpreted, with results anticipated in early July.

 

 

 

Appia Energy Corp.(CSE: API) identifies 900 meter-long uranium mineralization trend on the Loranger property.

 

 

Highlights of the winter drilling include 3.15 m of 0.032 wt% U3O8 at 96.75 m drill hole depth.

 

 

 

June 19th

 

 

Talmora Diamond Inc. (CSE: TAI) provide an exploration update. The Company’s partner, Olivut Resources Ltd. has successfully completed the field portion of the helimag geophysical program on the Company’s Seahorse Project, a part of its Horton property located in Canada’s Northwest Territories.

 

 

The survey work was conducted over multiple anomalies previously identified from regional geophysics. Preliminary results have confirmed targets and provided detail that will aid drill planning.  Further geophysical evaluations are ongoing to prioritize additional targets for drilling. A reverse circulation drill program is planned for the summer.

 

 

Appia Energy Corp. (CSE:API) intersects semi-massive to massive concentrations of monazite over 11.65 metres on the high-grade, critical rare earth element Alces Lake property.

 

 

James Sykes, Appia’s Vice-President, Exploration and Development, comments: “Drill hole IV-19-003 is an exciting start to the drill campaign.”

 

 

 

Lifestyle Delivery Systems Inc. (CSE: LDS) announces the delivery of its flagship product, CannaStrips, to California Herbal Remedies for roll out in collaboration with California power-house brand, LA Kush.

 

 

June 20th

 

 

Pacific Rim Cobalt Corp. (CSE: BOLT) announce test pit results from ongoing exploration at its flagship Cyclops, nickel/cobalt development project, Indonesia.

 

 

Test Pit Results Confirm Near Surface High‐Grade Nickel/Cobalt Mineralization Highlights:

  • Sample intervals include; 5 metres of 1.80% and 6 metres of 1.53% nickel equivalent (NiEQ)
  • All test pits from surface to maximum depth of 6 metres
  • Sampling consistently confirming elevated nickel and cobalt values

 

 

 

Rubicon Organics Inc. (CSE:ROMJ) has commenced commercial cultivation of super-premium organic cannabis using selected strains from its genetic library at its 125,000 square-foot, state-of-the-art hybrid greenhouse facility in Delta, British Columbia. 

 

 

The Company expects its first harvest in September for sale in the Canadian market in the fourth quarter of 2019.

 

 

 

June 21st

 

 

Nuinsco Resources Limited (CSE: NWI) reports the identification of up to 15 metre widths in drill core of high‐grade rare earth element domains in iron‐rich carbonatite rock at its 100%‐owned Prairie Lake project near Terrace Bay, Ontario.

 

 

“Carbonatites contain the highest REE content of any igneous rock making them attractive exploration targets for REE mineralization, and  ferrocarbonatites are usually particularly enriched with respect to REEs,” said Paul Jones, CEO of Nuinsco.

 

 

 

The Overall

 

 

Viewed as a weekly total, the CSE spent most of the week actually rising, despite overall downwards trend. Markets opened at 671.00 on Monday, rising to a high of 677.38 on Thursday, only to drop once again to 668.30 by Friday close.

 

 

Always Be Closing

 

 

 

The Canadian dollar strengthened it’s position relative to the US dollar this week, due in part to an unusually strong automobile/parts sector.

 

 

However, speculation on a worsening China/US relationship drove oil prices downward, hurting Canada’s chief export.

 

 

Meanwhile, Canada may seem some relief next week, after Trump promised to “sort things out” with China’s President Xi Jinping during the G20 in Japan.

 

 

Canada has been caught in the crossfire since last year, when we detained Huawei exec Meng Wanzhou at the behest of US law enforcement.

 

 

Wanzhou is awaiting extradition on charges of fraud in violating Iran sanctions.

 

 

Posted June 25, 2019

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