NEWFOUNDLAND AND LABRADOR

Government of Canada helps more seniors age at home

Retrieved on: 
Tuesday, December 19, 2023

The Government of Canada created the Age Well at Home Initiative to help more seniors do this.

Key Points: 
  • The Government of Canada created the Age Well at Home Initiative to help more seniors do this.
  • This program supports community organizations to pilot new approaches, scale up effective, existing ones, and mobilize volunteers to help seniors age at home.
  • Projects funded under the Scaling Up for Seniors stream are expanding services that have already demonstrated positive results in helping seniors age at home.
  • The Government of Canada increased the Old Age Security by 10% for seniors aged 75 and older and the Guaranteed Income Supplement by up to $947 annually for low-income single seniors.

Vortex Energy Announces Commencement of Drilling Program at Robinsons River Salt Project, Newfoundland & Labrador

Retrieved on: 
Monday, November 20, 2023

VANCOUVER, British Columbia, Nov. 20, 2023 (GLOBE NEWSWIRE) -- Vortex Energy Corp. (CSE: VRTX | OTC: VTECF | FRA: AA3) ("Vortex” or the "Company") is pleased to announce that the diamond core drilling has now commenced at its Robinsons River Salt Project (“The Project”) located near Stephenville, Newfoundland & Labrador.

Key Points: 
  • VANCOUVER, British Columbia, Nov. 20, 2023 (GLOBE NEWSWIRE) -- Vortex Energy Corp. (CSE: VRTX | OTC: VTECF | FRA: AA3) ("Vortex” or the "Company") is pleased to announce that the diamond core drilling has now commenced at its Robinsons River Salt Project (“The Project”) located near Stephenville, Newfoundland & Labrador.
  • The drilling program is being conducted by Major Drilling Group International Inc. (“Major Drilling”) under the support of the Company’s consultant partner, RESPEC Consulting Inc. (“RESPEC”).
  • Paul Sparkes, Chief Executive Officer, commented, "We are thrilled to announce the commencement of our drilling program.
  • We envision the Robinsons River Salt Project as a key driver of economic growth in the region, and we eagerly anticipate collaborating with the local community.

Marathon Gold Announces 2023 Third Quarter Results

Retrieved on: 
Monday, November 13, 2023

TORONTO, Nov. 13, 2023 (GLOBE NEWSWIRE) -- Marathon Gold Corporation (“Marathon” or the “Company”; TSX: MOZ) today announces its financial results for the third quarter ending September 30, 2023, and provides an update on the Company’s activities at the Valentine Gold Project (the “Project”) in the central region of Newfoundland and Labrador (“NL”).

Key Points: 
  • TORONTO, Nov. 13, 2023 (GLOBE NEWSWIRE) -- Marathon Gold Corporation (“Marathon” or the “Company”; TSX: MOZ) today announces its financial results for the third quarter ending September 30, 2023, and provides an update on the Company’s activities at the Valentine Gold Project (the “Project”) in the central region of Newfoundland and Labrador (“NL”).
  • Cash and cash equivalents at September 30, 2023 of $71.0 million and restricted cash of $244.8 million.
  • Capital Expenditures of $76.0 million for the three months ended September 30, 2023, including $73.7 million related to construction of the Project.
  • The results of operations for the three and nine months ended September 30, 2023 are summarized below (all figures are in Canadian dollars unless otherwise noted):

Calibre and Marathon Announce Combination to Create a High-Growth, Cash Flow Focused, Mid-Tier Gold Producer in the Americas with Expected Annual Production of 500,000 ounces

Retrieved on: 
Monday, November 13, 2023

The Transaction will create an Americas-focused, high-margin, high-growth, mid-tier gold producer with estimated average annual gold production of approximately 500 koz during 2025 – 2026E1.

Key Points: 
  • The Transaction will create an Americas-focused, high-margin, high-growth, mid-tier gold producer with estimated average annual gold production of approximately 500 koz during 2025 – 2026E1.
  • With Calibre’s strong operational expertise and robust cash flow, I am confident that together with the Marathon team, we will continue to meet or beat expectations.
  • The combined company will have three high quality, cash flowing gold assets, a strong balance sheet, and leadership with proven credentials in value creation.
  • ), Chief Operating Officer for Marathon and Mr. David Ross, P.Geo (NL), Vice President, Geology & Exploration for Marathon.

New Found Clarifies Technical Disclosure

Retrieved on: 
Tuesday, November 21, 2023

The Articles have been updated and re-published to correct certain disclosure regarding the Queensway Project at the request of the Company.

Key Points: 
  • The Articles have been updated and re-published to correct certain disclosure regarding the Queensway Project at the request of the Company.
  • The Company retracts the disclosure that was included in the original version of the Articles, including all disclosure regarding an internal scoping study.
  • The Technical Report reflects that neither a mineral resource or preliminary economic assessment have been developed for the Queensway Project.
  • Mr. Matheson certifies that this press release fairly and accurately represents the scientific and technical information that forms the basis for this press release.

New Found Completes Keats Trench Excavation and Phase 1 Mapping Program, Exposes High-Grade East-West Vein

Retrieved on: 
Friday, November 17, 2023

Prior to the Keats trench, the Keats Zone had only been observed through drill core and modelled in 3D, forming the basis of the Company’s geological model.

Key Points: 
  • Prior to the Keats trench, the Keats Zone had only been observed through drill core and modelled in 3D, forming the basis of the Company’s geological model.
  • This initial phase of work has enhanced the Company’s understanding of the Keats Zone and the controls on high-grade mineralization as seen in the E-W Vein as one example.
  • The E-W Vein was one of the last areas to be revealed and provides one of the best demonstrations of gold deposition at Keats.
  • This vein is well mineralized across its 300m strike length yet forms just a small portion of the overall Keats Main Zone.

Public Health Notice: Outbreak of Salmonella infections linked to Malichita and Rudy brand cantaloupes

Retrieved on: 
Friday, December 15, 2023

Based on the investigation findings to date, consumption of Malichita and Rudy brand cantaloupes have been identified as the likely source of the outbreak.

Key Points: 
  • Based on the investigation findings to date, consumption of Malichita and Rudy brand cantaloupes have been identified as the likely source of the outbreak.
  • On November 24, 2023, CFIA updated the food recall warning to also include Rudy brand cantaloupes sold between October 10 and November 24, 2023.
  • Through the CFIA investigation the outbreak strains of Salmonella that made people sick were found in samples of the recalled Malichita brand cantaloupe.
  • The U.S. CDC is also investigating an outbreak of Salmonella illnesses linked to cantaloupes that is the same genetic strain as illnesses reported in this outbreak.

Steele Honda Adds the 2024 Honda Civic Sedan to its Inventory in St. John's, Newfoundland

Retrieved on: 
Monday, December 11, 2023

ST. JOHN'S, NL, Dec. 11, 2023 /PRNewswire-PRWeb/ -- The Steele Honda dealership in St. John's, Newfoundland, is excited to announce the arrival of the 2024 Honda Civic Sedan, a masterfully crafted car that will improve your driving experience. From its sculpted roof to streamlined door handles, every detail is meticulously designed to create a serene and quiet ride.

Key Points: 
  • St. John's customers looking for a sleek sedan must check out the latest 2024 Honda Civic Sedan at the Steele Honda dealership.
  • ST. JOHN'S, NL, Dec. 11, 2023 /PRNewswire-PRWeb/ -- The Steele Honda dealership in St. John's, Newfoundland, is excited to announce the arrival of the 2024 Honda Civic Sedan, a masterfully crafted car that will improve your driving experience.
  • The 2024 Honda Civic Sedan offers a choice of two Earth Dreams™ 4-cylinder engines, providing drivers the flexibility to select their preferred power.
  • Drivers can also explore the flexible financing options at Steele Honda and experience the 2024 Honda Civic Sedan by scheduling a test drive at the dealership.

Public Health Notice: Outbreak of Salmonella infections linked to Malichita and Rudy brand cantaloupes

Retrieved on: 
Friday, December 8, 2023

Based on the investigation findings to date, consumption of Malichita and Rudy brand cantaloupes have been identified as the likely source of the outbreak.

Key Points: 
  • Based on the investigation findings to date, consumption of Malichita and Rudy brand cantaloupes have been identified as the likely source of the outbreak.
  • On November 24, 2023, CFIA updated the food recall warning to also include Rudy brand cantaloupes sold between October 10 and November 24, 2023.
  • Through the CFIA investigation the outbreak strains of Salmonella that made people sick were found in samples of the recalled Malichita brand cantaloupe.
  • The U.S. CDC is also investigating an outbreak of Salmonella illnesses linked to cantaloupes that is the same genetic strain as illnesses reported in this outbreak.

Governments of Canada and Newfoundland and Labrador Sign Memorandum of Understanding to Advance Offshore Wind Power and Good Jobs

Retrieved on: 
Wednesday, December 6, 2023

"Newfoundland and Labrador have incredible offshore wind potential, and Canada and Newfoundland and Labrador are seizing this economic opportunity.

Key Points: 
  • "Newfoundland and Labrador have incredible offshore wind potential, and Canada and Newfoundland and Labrador are seizing this economic opportunity.
  • "This MOU between the governments of Canada and Newfoundland and Labrador marks an important step toward catalyzing an offshore wind industry in the province.
  • Marine Renewables Canada looks forward to working with both governments and its members throughout the offshore wind supply chain to advance this promising industry."
  • If you would like a copy of the Memorandum of Understanding between Canada and Newfoundland and Labrador, please contact [email protected]