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AgEagle’s eBee Drones Receive EASA’s C6 Certificate for BVLOS Flights in the European Union

Retrieved on:

Wednesday, October 4, 2023

WICHITA, Kan., Oct. 04, 2023 (GLOBE NEWSWIRE) -- AgEagle Aerial Systems Inc. (NYSE American: UAVS) (“AgEagle” or the “Company”), an industry-leading provider of full stack flight hardware, sensors and software for commercial and government use, today announced that the eBee X™, eBee TAC™ Public Safety, eBee™ Ag and eBee™ Geo drones (“eBee X Series”) have been designated with the C6 class identification label in accordance with the European Union (“EU”) regulations.

Key Points:

With this new certification, the eBee X Series become the only professional drones in the market with both C6 and C2 markings, providing distinct advantages to operators throughout Europe.
Barrett Mooney , Chairman and CEO of AgEagle, noted, “The inclusion of the C6 marking alongside our C2-labeled eBee drones will significantly enhance the market advantages for our European customers.
Marcel Visser, Managing Director of NavCert GmbH, stated, “Congratulations to AgEagle on achieving the C6 marking for the eBee X series drones.
We remain dedicated to upholding the requisite standards of quality and safety for drone operations within the European Union."

Maiden Resource Expected Shortly on Globex’s Fontana Gold Property

Retrieved on:

Tuesday, September 26, 2023

GMX, NSR, Geo, Data, NI, Toronto Stock Exchange, Chicago Mercantile Exchange

The evaluation process is based upon a comprehensive dataset totaling more than 85,000 m, including 70 holes (totaling 11,269 m) drilled by Kiboko between September 2022 and April 2023.

Key Points:

The evaluation process is based upon a comprehensive dataset totaling more than 85,000 m, including 70 holes (totaling 11,269 m) drilled by Kiboko between September 2022 and April 2023.
Globex retains a 2% NSR production royalty on 195 claims covering 85 km2 (Globex’s Fontana Property) which includes the areas drilled in Kiboko’s Phase 1 drill program ( click here to view Kiboko’s Press Release dated September 25, 2023 ).
This press release was written by Jack Stoch, Geo., President and CEO of Globex in his capacity as a Qualified Person (Q.P.)
under NI 43-101.

Arras Drilling Expands Resource Potential 1km to the South and Intercepts 500 Metres of Continuous Cu-Au-Ag Mineralization at Its Beskauga Licence in Kazakhstan

Retrieved on:

Tuesday, September 19, 2023

A 1 km drill step out from main deposit shows continued mineralization: Holes Bg23025 & Bg23026 were drilled 1 kilometer outside of the main mineral resource at Beskauga and returned 500m+ zones of continuous mineralization.

Key Points:

A 1 km drill step out from main deposit shows continued mineralization: Holes Bg23025 & Bg23026 were drilled 1 kilometer outside of the main mineral resource at Beskauga and returned 500m+ zones of continuous mineralization.
Including: 69.0 m grading 0.45 % CuEq - (0.39 g/t Au, 0.12% Cu, 0.70 g/t Ag) starting at 420.0 m depth down-hole.
Tim Barry, CEO, commented, “It is very pleasing to see long continuous zones of mineralization drilled well outside the existing resource at Beskauga.
It is also particularly pleasing to see zones of high-grade mineralization grading up 1.16% CuEq over 11 meters and 0.77% CuEq over 21 meters within these longer intercepts.

Globex Receives Gwillim Option Payment

Retrieved on:

Tuesday, September 19, 2023

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Globex will maintain a 3% Gross Metal Royalty, 1% of which TomaGold may purchase for $1,500,000.

Key Points:

Globex will maintain a 3% Gross Metal Royalty, 1% of which TomaGold may purchase for $1,500,000.
Preliminary prospecting by Globex had sampled up to 57.1 g/t Au and 0.96% Cu over a 1 m channel sample.
The optioning of these Globex claims is another step in TomaGold’s efforts to consolidate the Chibougamau Mining Camp.
This press release was written by Jack Stoch, Geo., President and CEO of Globex in his capacity as a Qualified Person (Q.P.)

Drilling Restarts on Globex Royalty Assets on Cadillac Break

Retrieved on:

Monday, September 18, 2023

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The property straddles the prolific gold localizing Cadillac Break.

Key Points:

The property straddles the prolific gold localizing Cadillac Break.
Au), primarily within vertical depths between surface and 500 m of less explored areas, such as high-grade Trends #3 and #4 among others.
Globex retains a 2% Net Smelter Royalty on Trends #3 and #4 and others in the O’Brien East Area (Kewagama) as well as the underexplored 700 metres east of the former Kewagama Gold Mine.
This press release was written by Jack Stoch, Geo., President and CEO of Globex in his capacity as a Qualified Person (Q.P.)

Globex – Crater Lake Scandium – Rare Earth Property Update

Retrieved on:

Thursday, September 14, 2023

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Globex holds half the circular geological structure that contains the scandium-rare earth deposit held by Imperial Mining (“Imperial”).

Key Points:

Globex holds half the circular geological structure that contains the scandium-rare earth deposit held by Imperial Mining (“Imperial”).
Recently, Globex engaged Terraquest to fly a High Resolution Aeromagnetic and Matrix Digital VLF-EM Survey over the entire Globex property.
The Globex claims have numerous showings of scandium and rare earths.
Crater Lake Scandium-Rare Earth Property, Aeromag with Mineralized Surface Showings
Yellow line outlines Globex claims.

Globex Sets Single All-Inclusive Royalty on Chibougamau Independent Properties

Retrieved on:

Wednesday, September 13, 2023

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Under the agreement, Globex will retain a 2% Gross Metal Royalty (GMR) on all the West Block properties rather than royalties ranging from 0% to 3% GMR on select properties.

Key Points:

Under the agreement, Globex will retain a 2% Gross Metal Royalty (GMR) on all the West Block properties rather than royalties ranging from 0% to 3% GMR on select properties.
Similarly, Globex will now retain a 2% GMR on all the East Block properties.
(View August 14, 2023 Chibougamau Independent press release for details).
This press release was written by Jack Stoch, Geo., President and CEO of Globex in his capacity as a Qualified Person (Q.P.)

More Positive Results from Exploration on Globex’s Lac Escale (Mirage) Property

Retrieved on:

Friday, September 8, 2023

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Previously Brunswick indicated that these dykes outcropped in widths of up to 80 metres.

Key Points:

Previously Brunswick indicated that these dykes outcropped in widths of up to 80 metres.
Prospecting has also identified additional spodumene-bearing outcrops approximately 4.5 km northeast of the center of the previously defined dyke field.
In total, lithium mineralization on the project has been observed over a total distance of 8.7 kilometres.
Globex is pleased with the rapid progress by Brunswick on Globex’s property and looks forward to additional positive results as the exploration program unfolds ( click to Brunswick’s press release of September 7, 2023 ).

Excellon Provides Update on Globex Royalty Property Area (Silver City)

Retrieved on:

Thursday, August 31, 2023

Excellon have met all the option conditions and the property is now in the list of Globex Royalty Properties.

Key Points:

Excellon have met all the option conditions and the property is now in the list of Globex Royalty Properties.
Globex retains a 3% Gross Metal Royalty for Precious Metals and 2.5% GMR for all other metals of which 1% Royalty may be purchased for $1,500,000 million dollars.
To date Excellon has undertaken approximately 13,300 metres of drilling on the Globex royalty claims, 16 holes totaling approximately 3,700 metres in 2020 and 27 holes totaling approximately 9,600 metres in 2021-2022.
This press release was written by Jack Stoch, Geo., President and CEO of Globex in his capacity as a Qualified Person (Q.P.)

Brunswick to Concentrate Lithium Exploration on Globex’s Lac Escale Property Area

Retrieved on:

Monday, August 28, 2023

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This is the result in large part due to the discovery of 25 m to 80 m wide outcrops bearing significant spodumene (lithium) mineralization on Globex’s Lac Escale property under option to Brunswick ( see today’s press release ).

Key Points:

This is the result in large part due to the discovery of 25 m to 80 m wide outcrops bearing significant spodumene (lithium) mineralization on Globex’s Lac Escale property under option to Brunswick ( see today’s press release ).
Brunswick followed a spodumene bearing boulder train with extremely large boulders up glaciation to the spodumene bearing outcrop discovery area on Globex’s claims.
Drilling is slated to begin with a minimum 4,000 m drill program next month.
This press release was written by Jack Stoch, Geo., President and CEO of Globex in his capacity as a Qualified Person (Q.P.)