BEAUREGARD

Trace Carbon Solutions and Molpus Woodlands Group Announce the Evergreen Sequestration Hub in Louisiana

Retrieved on: 
Thursday, September 28, 2023

Trace Carbon Solutions, LLC (Trace) and Molpus Woodlands Group (Molpus), on behalf of a client, announced today that they have signed a servitude agreement providing Trace with exclusive rights to develop and operate a carbon sequestration site, to be called the Evergreen Sequestration Hub (Evergreen Hub), on approximately 20,000 acres in Calcasieu and Beauregard parishes in Louisiana.

Key Points: 
  • Trace Carbon Solutions, LLC (Trace) and Molpus Woodlands Group (Molpus), on behalf of a client, announced today that they have signed a servitude agreement providing Trace with exclusive rights to develop and operate a carbon sequestration site, to be called the Evergreen Sequestration Hub (Evergreen Hub), on approximately 20,000 acres in Calcasieu and Beauregard parishes in Louisiana.
  • Trace will use the site to permanently sequester industrial carbon dioxide (CO2) in underground geologic formations, while Molpus will continue to manage the aboveground acreage as a sustainably managed working forest.
  • The company anticipates that the Evergreen Hub will have high CO2 injectivity and total sequestration capacity of over 250 million metric tons of CO2.
  • We recognize that large-scale, geologically superior sequestration sites are scarce in proximity to significant industrial carbon emissions.

Trace Carbon Solutions and Molpus Woodlands Group Announce the Evergreen Sequestration Hub in Louisiana

Retrieved on: 
Thursday, September 28, 2023

Trace Carbon Solutions, LLC (Trace) and Molpus Woodlands Group (Molpus), on behalf of a client, announced today that they have signed a servitude agreement providing Trace with exclusive rights to develop and operate a carbon sequestration site, to be called the Evergreen Sequestration Hub (Evergreen Hub), on approximately 20,000 acres in Calcasieu and Beauregard parishes in Louisiana.

Key Points: 
  • Trace Carbon Solutions, LLC (Trace) and Molpus Woodlands Group (Molpus), on behalf of a client, announced today that they have signed a servitude agreement providing Trace with exclusive rights to develop and operate a carbon sequestration site, to be called the Evergreen Sequestration Hub (Evergreen Hub), on approximately 20,000 acres in Calcasieu and Beauregard parishes in Louisiana.
  • This servitude agreement is a fundamental step towards Trace’s goal to develop low-cost carbon capture, transportation and sequestration (CCS) assets across North America.
  • The company anticipates that the Evergreen Hub will have high CO2injectivity and total sequestration capacity of over 250 million metric tons of CO2.
  • We recognize that large-scale, geologically superior sequestration sites are scarce in proximity to significant industrial carbon emissions.

Drill Program Update for Golden Goliath's Kwai Project, Red Lake, Ontario

Retrieved on: 
Thursday, February 4, 2021

Vancouver, British Columbia--(Newsfile Corp. - February 4, 2021) - Golden Goliath Resources Ltd. (TSXV: GNG ) (OTC Pink: GGTHF) (FSE: GGZ) has now resumed drilling on its Kwai property in the Red Lake District, northwest Ontario.

Key Points: 
  • Vancouver, British Columbia--(Newsfile Corp. - February 4, 2021) - Golden Goliath Resources Ltd. (TSXV: GNG ) (OTC Pink: GGTHF) (FSE: GGZ) has now resumed drilling on its Kwai property in the Red Lake District, northwest Ontario.
  • The drill is currently completing the first hole of the 2021 session, which is the 15th hole of the entire program.
  • Coarse grained pyrite and chalcopyrite also occurs in quartz and on slip planes with 1 percent chalcopyrite.
  • The Uchi Age basalts are the main host rocks for the Red Lake gold mines, ie the Campbell, Cochenour and Red Lake - former Dickenson Gold Mines.