NPV

Strategic Resources Inc. Presents in Red Cloud's Virtual Webinar Series

Retrieved on: 
Thursday, March 21, 2024

Toronto, Ontario--(Newsfile Corp. - March 21, 2024) - Strategic Resources Inc. (TSXV: SR) is pleased to announce that the company is presenting a live virtual corporate update hosted by Red Cloud Financial Services on March 26th, 2024 at 2:00pm ET.

Key Points: 
  • Toronto, Ontario--(Newsfile Corp. - March 21, 2024) - Strategic Resources Inc. (TSXV: SR) is pleased to announce that the company is presenting a live virtual corporate update hosted by Red Cloud Financial Services on March 26th, 2024 at 2:00pm ET.
  • We invite our shareholders, and all interested parties to register for the webinar and participate in the live Q&A session at the end of the presentation moderated by Red Cloud.
  • The replay will be emailed out to all webinar registrants proceeding the event and will also be available on the Red Cloud website.
  • Strategic Resources owns 100% of the BlackRock project, which is comprised of a mine site in Chibougamau, Québec and a metallurgical complex at Port Saguenay, Québec.

Discovery Reports Fourth Quarter and Full-Year 2023 Financial Results

Retrieved on: 
Friday, March 29, 2024

TORONTO, March 28, 2024 (GLOBE NEWSWIRE) -- Discovery Silver Corp. (TSX: DSV, OTCQX: DSVSF) (“Discovery” or the “Company”) today announced financial results for the three and twelve months ended December 31, 2023 (“Q4 2023” and “2023”, respectively).

Key Points: 
  • TORONTO, March 28, 2024 (GLOBE NEWSWIRE) -- Discovery Silver Corp. (TSX: DSV, OTCQX: DSVSF) (“Discovery” or the “Company”) today announced financial results for the three and twelve months ended December 31, 2023 (“Q4 2023” and “2023”, respectively).
  • Tony Makuch, CEO, commented: “Over the last year, our teams in Mexico and Canada have done an outstanding job advancing Cordero.
  • “The excellent work of our people culminated in the release of our Feasibility Study results a few weeks ago.
  • FEASIBILITY STUDY METALLURGICAL TEST PROGRAM:
    On October 26, 2023, positive results were released from the Feasibility Study metallurgical test program.

Probe Gold Files PEA Update Technical Report for the Novador Project, Quebec

Retrieved on: 
Tuesday, March 26, 2024

The Novador PEA supports a robust mining plan that averages over 255,000 ounces per year of gold production, with over 281,000 ounces per year in the first five years of the 12.6-year mine life and boasts an impressive after-tax NPV of $910 million using a base-case gold price of US$1,750/oz.

Key Points: 
  • The Novador PEA supports a robust mining plan that averages over 255,000 ounces per year of gold production, with over 281,000 ounces per year in the first five years of the 12.6-year mine life and boasts an impressive after-tax NPV of $910 million using a base-case gold price of US$1,750/oz.
  • The technical report, entitled "Novador Project, NI 43-101 Technical Report & Preliminary Economic Assessment” (the "Novador PEA") and dated March 26, 2024 (effective date of February 13th, 2024) is available on SEDAR+ (www.sedarplus.ca) under Company's issuer profile, and on the Company’s website https://probegold.com/novador-project/ under the technical reports tab.
  • The independent Technical Report was prepared through the collaboration of the following firms: Ausenco Engineering Canada ULC (Ausenco), Moose Mountain Technical Services (MMTS), InnovExplo Inc., Lamont Inc.
  • Probe's news release dated February 13, 2024 (titled "Probe Gold Announces Updated PEA For Novador Project, Quebec; 23% Increase In Average Annual Production To 255,000 Ounces, Pre-Tax NPV5% Of C$1.53 Billion, And Pre-Tax IRR Of 34.4%") summarized the key results, assumptions and estimates contained in the Novador PEA.

Natera Announces New Data From Two Studies Extending the Clinical Validation of Its Prospera™ Heart dd-cfDNA Test for Heart Transplant Recipients

Retrieved on: 
Monday, April 8, 2024

“We are encouraged by the results of these two prospective studies,” said Sangeeta Bhorade, MD, chief medical officer of organ health at Natera.

Key Points: 
  • “We are encouraged by the results of these two prospective studies,” said Sangeeta Bhorade, MD, chief medical officer of organ health at Natera.
  • That study showed the Prospera Heart test had an overall area under the curve (AUC) of 0.86 for identifying acute rejection in over 800 samples from 200 adults with heart transplants.
  • The DTRT-2 (DNA-Based Transplant Rejection Test) study, published recently in Pediatric Transplantation , was sponsored by the National Institutes of Health (NIH).
  • A total of 487 samples from 160 heart transplant recipients were evaluated, of which 78 were pediatric and 82 were adult patients.

American Rare Earths’ Scoping Study confirms low-cost, scalable world-class REE project

Retrieved on: 
Monday, March 18, 2024

We note these prices are not sustainable given current prices are at the cash costs of China Northern Rare Earths.

Key Points: 
  • We note these prices are not sustainable given current prices are at the cash costs of China Northern Rare Earths.
  • The inferred Mineral Resource is not the determining factor in determining the viability of the Halleck Creek Rare Earths project.
  • American Rare Earths (ASX: ARR | OTCQX: ARRNF and AMRRY) owns the Halleck Creek, WY and La Paz, AZ rare earth deposits.
  • The Company’s flagship project at Halleck Creek, WY, has the potential to become the largest and most sustainable rare earth projects in North America.

Breakthrough Designated CorVista® System with Pulmonary Hypertension Add-On Cleared by FDA; Enabling Advanced Cardiovascular Testing at Point-of-Care

Retrieved on: 
Friday, April 5, 2024

Analytics for Life, Inc. and CorVista Health Inc. announced the FDA clearance of the CorVista System with Pulmonary Hypertension (PH) Add-On Module.

Key Points: 
  • Analytics for Life, Inc. and CorVista Health Inc. announced the FDA clearance of the CorVista System with Pulmonary Hypertension (PH) Add-On Module.
  • The CorVista® System is the first FDA-cleared, machine learned point-of-care technology for indicating the likelihood of elevated mean arterial pulmonary pressure (mPAP), an indicator of pulmonary hypertension (PH).
  • The non-invasive CorVista System was recently cleared for use in evaluating the presence of significant coronary artery disease.
  • In 2022 the FDA designated the CorVista System with PH Add-On as a Breakthrough Device for its potential to improve the diagnosis of PH.

Lithium Royalty Corp. Reports Q4 2023 Results

Retrieved on: 
Wednesday, March 27, 2024

Atlas Lithium Das Neves Royalty: In December 2023, Atlas Lithium announced that it was fully funded to develop Phase 1 of its Das Neves project, which Atlas is targeting to produce 150,000 tpa of spodumene concentrate.

Key Points: 
  • Atlas Lithium Das Neves Royalty: In December 2023, Atlas Lithium announced that it was fully funded to develop Phase 1 of its Das Neves project, which Atlas is targeting to produce 150,000 tpa of spodumene concentrate.
  • Atlas Lithium has secured $50 million in funding through partnerships with lithium converters Chengxin Lithium and Sichuan Yahua.
  • LRC estimates that the global lithium market grew by approximately 28% in 2023, with the lithium market approaching almost 1Mt of lithium carbonate equivalent (LCE).
  • SMM reports that spodumene concentrate prices in 2023 averaged $3,610/tonne CIF (Cost, Insurance, and Freight) China, with lithium carbonate prices during 2023 averaging approximately $36,000/tonne.

ZeoDAC Launches Innovative Carbon Capture Technology

Retrieved on: 
Tuesday, March 26, 2024

ZeoDAC , Inc., an exciting new technology entrant into the direct air capture of carbon dioxide arena, announced the company launch.

Key Points: 
  • ZeoDAC , Inc., an exciting new technology entrant into the direct air capture of carbon dioxide arena, announced the company launch.
  • ZeoDAC’s mission to Capture Carbon Dioxide from Air to Create a Better Tomorrow employs advantaged solid materials (best in class zeolites) to capture carbon in a process that enables rapid scale up for efficient, direct air carbon capture (DAC) with a diverse end-product strategy.
  • ZeoDAC, Inc. launches with an international group of investment partners that include: Wilson Hill Ventures, Caltech, Coca-Cola Europacific Partners, Freeflow Ventures and Global Brain.
  • By combining these innovations and expertise, ZeoDAC aims to provide a compelling economic advantage for large-scale, commercial carbon capture and use.

Kolibri Global Energy Inc. Announces Proved Reserves With Net Present Value of US$483 Million

Retrieved on: 
Thursday, March 21, 2024

Kolibri Global Energy Inc. (the “Company” or “KEI”) (TSX: KEI), is providing the results of its December 31, 2023, independent reserves evaluation.

Key Points: 
  • Kolibri Global Energy Inc. (the “Company” or “KEI”) (TSX: KEI), is providing the results of its December 31, 2023, independent reserves evaluation.
  • Our percentage of PDP versus Total Proved reserves increased to 24% from 18% last year as we continued to convert our proved undeveloped reserves into cash generating PDP wells.
  • We are also pleased that the Net Present Value (“NPV”) of the PDP reserves increased by 11% even as the forecast pricing used in the reserve report decreased compared to the prior year.
  • “Our Proved Reserves value of US$482.6 million (NPV discounted at 10%), decreased by 6% from the 2022 independent reserves evaluation.

Westwater Resources Announces 2023 Business and Financial Updates

Retrieved on: 
Wednesday, March 20, 2024

Westwater Resources, Inc. (NYSE American: WWR), an energy technology and battery-grade natural graphite development company (“Westwater” or the “Company”), is pleased to announce its results for the year ended December 31, 2023, and to provide business and financial updates.

Key Points: 
  • Westwater Resources, Inc. (NYSE American: WWR), an energy technology and battery-grade natural graphite development company (“Westwater” or the “Company”), is pleased to announce its results for the year ended December 31, 2023, and to provide business and financial updates.
  • During 2023, Westwater achieved critical milestones and achievements related to its planned natural graphite business, notably:
    In May 2023, Westwater announced the execution of a joint development agreement (“JDA”) with SK On Co, Ltd. (“SK On”).
  • “We believe 2023 was a year of significant progress across our graphite business, which was the result of tremendous hard work by the Westwater team,” said Terence J. Cryan, Westwater’s Executive Chairman.
  • Financial Summary for The Year Ended December 31, 2023