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House Judiciary Committee Chairman Jim Jordan, R-Ohio, is issuing a subpoena for information on the political work conducted by the daughter of New York State Supreme Court Judge Juan Merchan.

Jordan sent a letter to Michael Nellis, the founder and CEO of Authentic Campaigns – a company that’s done political work for top Democratic clients like President Biden and Vice President Kamala Harris – accusing him of failing to comply with House investigators’ demands for any and all documents related to the prosecution of former President Trump.

The committee wrote to Loren Merchan, the company’s president and Judge Merchan’s daughter, earlier this month requesting documents in its probe into Manhattan District Attorney Alvin Bragg’s case against Trump.

Jordan pointed out in his Wednesday letter that Nellis himself rejected that request as well as a subsequent one later in the month.

‘As such, the Committee is left with no choice but to resort to compulsory process,’ Jordan wrote. ‘Popularly elected prosecutors, such as Manhattan District Attorney Alvin Bragg, have engaged in an unprecedented abuse of authority by prosecuting a former President of the United States and current nominee for that office. Of relevance to the Committee’s oversight is the impartiality of Judge Juan Merchan, the presiding trial judge, due to his refusal to recuse himself from the case in light of his apparent conflicts of interest and biases.’

‘One such conflict is Ms. Merchan’s—daughter of Judge Merchan and President of Authentic Campaigns—work on behalf of President Trump’s political adversaries and the possible financial benefit that Ms. Merchan and Authentic Campaigns received from the prosecution and conviction of President Trump.’

Jordan said public reports indicated to him that both Nellis and Loren Merchan were ‘closely involved in the presidential campaigns of both President Biden and Vice President Harris.’

‘During Ms. Merchan’s employment with the Harris campaign, Authentic Campaigns received over $7 million in compensation for its services. You also worked for then-presidential candidate Harris and it appears you continue to do so. Authentic Campaigns conducted work for the 2020 Biden-Harris campaign and, according to public records, was paid just over $2 million in a one-month period for its work,’ he wrote.

The subpoena is narrower in scope than Jordan’s previous request for information. His Aug. 1 letter demanded Loren Merchan hand over documents related to any work for Biden and Harris, in addition to any work that refers to Trump’s prosecution or indictment.

Jordan is giving Nellis until Sept. 13 to comply, according to the subpoena viewed by Fox News Digital.

Nellis reacted to the subpoena in a post on X on Wednesday afternoon, saying the company was ‘thoroughly reviewing the subpoena with our legal team and will provide updates as soon as we have more information.’

‘Let us be clear: these allegations against our company are completely false and purely politically motivated,’ Nellis wrote. ‘This is a blatant attempt to intimidate us and divert attention from Donald Trump’s conviction. We refuse to be bullied, and we will not allow House Republicans or MAGA extremists to spread lies about our work. We remain steadfast in our mission and are deeply grateful for the unwavering support of our friends and family during this time.’

Republicans have accused Judge Merchan of political bias over his daughter’s political work. Trump’s legal team asked Merchan to recuse himself before the trial began, which he did not.

A New York state ethics panel backed Merchan’s decision in a June 2023 decision.

Jordan argued in his letter, however, ‘Judge Merchan’s conflicts of interest and biases in the case against President Trump, the Republican nominee in the upcoming 2024 presidential election, implicate serious federal interests.’

‘Congress has a specific and manifestly important interest in preventing politically motivated prosecutions of current and former presidents, especially in venues in which real or perceived biases exist. Among other things, if state or local prosecutors are able to engage in politically motivated prosecutions of Presidents of the United States (current or former) for personal acts, this could have a profound effect on how presidents choose to exercise their powers while in office,’ the letter said.

Trump was convicted on 34 counts of falsifying business records in relation to claims he paid an adult film actress to keep quiet about their affair – which the ex-president has denied. His lawyers are appealing that ruling in light of the Supreme Court’s July decision fleshing out presidential immunity. 

His sentencing hearing is currently scheduled for Sept. 18.

Fox News Digital reached out to Authentic Campaigns for comment.

This post appeared first on FOX NEWS

FIRST ON FOX – Heritage Foundation President Dr. Kevin Roberts on Wednesday unveiled a new website created by the conservative think tank that aims to inform Americans about Vice President Kamala Harris’ ‘dangerously liberal’ policy record, as well as a six-figure text campaign targeting independent voters in key swing states. 

The website, dangerouslyliberal.com, summarizes the Biden-Harris administration’s history of what the organization calls ‘failed liberal policies’ on the border, the economy and inflation, energy, diversity, equity and inclusion (DEI), education and parental rights, ‘government weaponization,’ health care and crime. As Roberts explained to Fox News Digital, the website serves as a resource to fill the gap as the Harris-Walz campaign still has yet to roll out a policy website of their own.

‘It tells us everything we need to know about the policy record of the vice president, when her campaign is running away from posting any policy prescriptions on their campaign website,’ Roberts told Fox News Digital. ‘And the reason that the vice president is running away from that policy record is because it’s awful. I thought that I would never live through another presidency as disastrous to Americans as Jimmy Carter’s. But the Biden-Harris administration has been even worse, particularly on the economy, on inflation, on energy, on the border, on foreign policy. Our website calls the balls and strikes. It gives Americans sort of the report card on the vice president’s policy record. And the reason she doesn’t want to talk about it is because that policy record is why Americans are suffering.’ 

‘The best description, just speaking philosophically, of Vice President Harris’s policy record is dangerously liberal. I actually can’t think of a better phrase to describe it,’ he added. 

The Harris-Walz campaign, meanwhile, is reportedly planning to roll out an ad blitz Wednesday that will run until Election Day in an attempt to tie former President Donald Trump to the Heritage Foundation’s Project 2025. The project has been billed by the conservative think tank as a blueprint for a future Republican administration to restructure many parts of the U.S. government. The Trump campaign has stressed that it is not affiliated with the project, and Trump himself has gone on record saying he does not agree with all of their positions.

Roberts rejected ‘mischaracterizations’ by the Harris-Walz campaign, which he says has been lacking ‘a real focus on policy, substance.’ The Harris campaign website, which includes pages to buy merchandise, donate and get to know the candidate’s background, remains devoid of any policy plans more than a month after she became the Democratic presidential nominee. 

‘Taking a step back from our own ideological perspective, we know that Americans on the political left want to have that conversation, too. And even though we might disagree, in fact we do disagree with many Americans on some of these issues, I think what the American republic needs right now is a real policy conversation,’ Roberts told Fox News Digital. ‘So we were sitting back this summer thinking about all the mischaracterizations by the Harris campaign, by the radical left on our policy projects. And while we welcome an intellectually honest conversation, we also know that that hasn’t been happening.’

‘So we decided to launch this website, dangerouslyliberal.com, to focus on the vice president’s policy record. And I think that Americans will really welcome that conversation, because they trust the credibility of the Heritage Foundation and calling balls and strikes about what the vice president has done in her position the last few years, and also what people down ballot might do and for U.S. Senate and U.S. House races.’ 

The website, which Fox News Digital accessed before its public roll-out, opens on a message, ‘The Biden-Harris Administration’s policies have resulted in a wide-open southern border, increased illegal immigration, skyrocketing inflation, higher taxes, lower wages, aggressively woke ‘DEI,’ and much more.’ 

The Heritage Foundation said the million-dollar effort aims to provide ‘fact-based, concise, and informational content to educate millions of Americans to shape policy and share ideas.’ 

It outlines the president and vice president’s ‘extreme policy positions related to the unsecured border, mass amnesty and sanctuary policies for illegals, the Green New Deal energy agenda, disastrous economic stances, Medicare For All, and the desire to advance the left’s DEI and CRT schemes,’ the think tank said. 

The Heritage Foundation said it will also run two six-figure text message and advertising campaigns across multiple platforms to drive website engagement and ‘further educate the public on the impact of the Biden-Harris Administration’s radical policy and societal viewpoint for America.’ The push to appeal to independent votes comes also as independent presidential candidate Robert F. Kennedy Jr, once a dynastic Democrat, announced Friday he was discontinuing his White House bid and endorsing Trump. Kennedy is unable to remove himself from the ballot, however, in the key swing states of Michigan and Wisconsin. 

‘It’s fascinating to me that in the span of about 48 hours, the radical left went from trying to keep Mr. Kennedy off the ballot to now fighting to keep him on the ballot and act because of that, and because he does have a real draw, across the spectrum from the center left to the center right. We’ve seen that at Heritage,’ Roberts told Fox News Digital. ‘Heritage really exists to plug that kind of gap, the gap that exists between what DC elites in power tell you that they’re going to do versus what the American people surmise they have done.’ 

‘And I think the credibility that we have just in terms of being the policy umpire, which we’re often called in DC and pairing that with this dissemination of this website in the swing states will have a real effect on the knowledge base that voters have to make their decision,’ he added. ‘They will make their decision. Ultimately, they’re the ones. The American voters are the ones who will influence the outcome of the election, to state the obvious. This website can be, I think, a very helpful tool as they sit down and look at all of the resources, all of the information at their disposal, to make an informed decision.’

The website includes an explanation and key statistics about Harris’ record on key issues, including how inflation ‘has grown by 20% since the Biden-Harris administration took office in 2021.’ Heritage assesses that Americans have lost an average of $10,000 per household due to high energy costs since the Biden-Harris administration took office. On the border security and illegal immigration, the website states, ‘Under Border Czar Harris, there have been over 10.3 million total inadmissible alien encounters recorded by the U.S. Border Patrol, and over 85% of these illegal aliens have been released into the United States.’ 

It also provides examples of Harris’ past statements supporting the think tank’s claim that Harris ‘has been a long-time supporter of letting biological men compete in female sports’ and highlights how the Biden-Harris administration’s changes to Title IX added ‘gender identity’ to the list of sex-based protections in federal law, ‘consequently allowing men into women’s private spaces, athletics, and educational opportunities.’ 

‘We have to stay woke,’ Harris once said, as the site notes. ‘Like everybody needs to be woke. And you can talk about if you’re the wokest or woker, but just stay more woke than less woke.’

When Project 2025’s leader, Paul Dans, stepped down in June, the Trump campaign released a statement saying, ‘reports of Project 2025’s demise would be greatly welcomed,’ as the then-Biden campaign tried to use the 900-page conservative plan to steer voters away from another Trump administration. Despite this, Democrats at their national convention in Chicago this month further tried to tie Trump to Project 2025. 

‘His explicit intent to jail journalists, political opponents and anyone he sees as the enemy,’ Harris told the DNC of Trump. ‘His explicit intent to deploy our active duty military against our own citizens. Consider, consider the power he will have, especially after the U.S. Supreme Court just ruled that he would be immune from criminal prosecution. Just imagine Donald Trump with no guardrails, and how he would use the immense powers of the presidency of the United States. Not to improve your life, not to strengthen our national security, but to serve the only client he has ever had: himself.

‘We know what a second Trump term would look like. It’s all laid out in Project 2025, written by his closest advisers,’ she said. ‘Its sum total is to pull our country back to the past. But America, we are not going back.’ 

Fox News’ Alec Schemmel and Brianna Herlihy contributed to this report. 

This post appeared first on FOX NEWS

The Biden-Harris administration may be attempting to ‘Trump-proof’ the Department of Justice (DOJ) by hiring permanent appointees to some federal positions, according to findings from a watchdog group’s public records request. 

Freedom of Information Act (FOIA) documents obtained by Protect the Public’s Trust (PPT) and shared with Fox News Digital show the administration is using an ‘obscure hiring authority’ that bypasses normal hiring processes based on merit to secure DOJ positions that could thwart former President Trump’s agenda if he takes office in 2025. 

The Department of Justice (DOJ) is utilizing Schedule A hiring authority to fill hundreds of attorney and judge positions in career civil service roles without competitive selection, the watchdog group noted. 

‘The foundation of our democracy or our republic is the Constitution, and the Constitution vests decision making authority in the executive branch and the president, and then also in principal and inferior officers in the government agencies, so they are supposed to be representing the people,’ PPT founder and former U.S Department of Education worker Michael Chamberlain told Fox News Digital in an interview. 

‘The president is elected by the people. Now attempts to fight, whether it comes from career officials inside the government or others outside the government – especially inside the government – to undermine the ability of those principal and inferior officers to make those decisions, that seems to me to be very undemocratic,’ he said.

According to the Office of Personnel Management (OPM), while Schedule A is designed to hire individuals with disabilities or for specific roles like chaplains and scientists, it also secures positions beyond the current president’s term. 

Although federal law restricts Schedule A appointments from being ‘policymaking or confidential,’ they are being used to staff highly ‘politicized’ offices, such as the Environment and Natural Resources Division (ENRD), which plays a key role in advancing the Biden-Harris administration’s environmental policies and ensuring their continuity even under a potential future administration change.

According to the documents, more than 150 attorneys were placed inside the DOJ’s Anti-Trust Division, and more than 100 immigration judges. Immigration judges determine ‘whether a noncitizen may remain in the United States or must leave the country,’ according to the DOJ.

‘Until recently, anti-trust enforcement was a relatively technical and non-partisan division. But the Biden-Harris administration’s increasingly aggressive implementation has sparked complaints of politicized enforcement. The administration is also using Schedule A to install immigration judges – again, outside of the normal merit-based system – who will rule on cases of those in a position to benefit from the administration’s immigration policies,’ PPT said in a news release.

Schedule A was also used to hire attorneys for ENRD, which is responsible for enforcing environmental laws pertaining to the administration’s climate agenda, which includes the ‘collective pursuit of environmental justice,’ and upholding the interests of Native American tribes, according to its website.

‘The ENRD is a vital office in advancing the Biden-Harris administration’s energy and climate policies, and the placement of Biden-Harris loyalists is a means to defend those policies even if a future Trump (or other) administration seeks to change them,’ PPT said.

‘We were struck mainly by the magnitude of the hires rather than by any individual names,’ Chamberlain said.

Chamberlain added that certain offices, including ATF, the Office of the Inspector General and the Civil Rights Division, denied sharing records under privacy or related exemptions.

Earlier this year, the Biden-Harris administration made it harder to fire federal workers. 

Biden deemed the rule to be ‘a step toward combatting corruption and partisan interference to ensure civil servants are able to focus on the most important task at hand: delivering for the American people.’ 

The Office of Personnel Management, the government’s chief human resources agency, implemented new regulations this year barring career civil servants from being reclassified as political appointees, or as other at-will workers, who are more easily dismissed from their jobs. It comes in response to Schedule F, an executive order Trump issued in 2020 that sought to allow for reclassifying tens of thousands of the 2.2 million federal employees and thus reduce their job security protections, according to The Associated Press. 

Fox News Digital did not hear back from the White House by publication deadline. 

Fox News Digital’s Danielle Wallace contributed to this report. 

This post appeared first on FOX NEWS

House Judiciary Committee Chairman Jim Jordan, R-Ohio, is issuing a subpoena for information on the political work conducted by the daughter of New York State Supreme Court Judge Juan Merchan.

Jordan sent a letter to Michael Nellis, the founder and CEO of Authentic Campaigns — a company that’s done political work for top Democratic clients like President Biden and Vice President Kamala Harris — accusing him of failing to comply with House investigators’ demands for any and all documents related to the prosecution of former President Trump.

The committee wrote to Loren Merchan, the company’s president and Judge Merchan’s daughter, earlier this month requesting documents in its probe into Manhattan District Attorney Alvin Bragg’s case against Trump.

Jordan pointed out in his Wednesday letter that Nellis himself rejected that request as well as a subsequent one later in the month.

‘As such, the Committee is left with no choice but to resort to compulsory process,’ Jordan wrote. ‘Popularly elected prosecutors, such as Manhattan District Attorney Alvin Bragg, have engaged in an unprecedented abuse of authority by prosecuting a former President of the United States and current nominee for that office. Of relevance to the Committee’s oversight is the impartiality of Judge Juan Merchan, the presiding trial judge, due to his refusal to recuse himself from the case in light of his apparent conflicts of interest and biases.

‘One such conflict is Ms. Merchan’s — daughter of Judge Merchan and President of Authentic Campaigns — work on behalf of President Trump’s political adversaries and the possible financial benefit that Ms. Merchan and Authentic Campaigns received from the prosecution and conviction of President Trump.’

Jordan said public reports indicated to him that both Nellis and Loren Merchan were ‘closely involved in the presidential campaigns of both President Biden and Vice President Harris.’

‘During Ms. Merchan’s employment with the Harris campaign, Authentic Campaigns received over $7 million in compensation for its services. You also worked for then-presidential candidate Harris and it appears you continue to do so. Authentic Campaigns conducted work for the 2020 Biden-Harris campaign and, according to public records, was paid just over $2 million in a one-month period for its work,’ he wrote.

The subpoena is narrower in scope than Jordan’s previous request for information. His Aug. 1 letter demanded Loren Merchan hand over documents related to any work for Biden and Harris, in addition to any work that refers to Trump’s prosecution or indictment.

Jordan is giving Nellis until Sept. 13 to comply, according to the subpoena viewed by Fox News Digital.

Nellis reacted to the subpoena in a post on X on Wednesday afternoon, saying the company was ‘thoroughly reviewing the subpoena with our legal team and will provide updates as soon as we have more information.’

‘Let us be clear: these allegations against our company are completely false and purely politically motivated,’ Nellis wrote. ‘This is a blatant attempt to intimidate us and divert attention from Donald Trump’s conviction. We refuse to be bullied, and we will not allow House Republicans or MAGA extremists to spread lies about our work. We remain steadfast in our mission and are deeply grateful for the unwavering support of our friends and family during this time.’

Republicans have accused Judge Merchan of political bias over his daughter’s political work. Trump’s legal team asked Merchan to recuse himself before the trial began, which he did not.

A New York state ethics panel backed Merchan’s decision in a June 2023 decision.

Jordan argued in his letter, however, ‘Judge Merchan’s conflicts of interest and biases in the case against President Trump, the Republican nominee in the upcoming 2024 presidential election, implicate serious federal interests.’

‘Congress has a specific and manifestly important interest in preventing politically motivated prosecutions of current and former presidents, especially in venues in which real or perceived biases exist. Among other things, if state or local prosecutors are able to engage in politically motivated prosecutions of Presidents of the United States (current or former) for personal acts, this could have a profound effect on how presidents choose to exercise their powers while in office,’ the letter said.

Trump was convicted on 34 counts of falsifying business records in relation to claims he paid an adult film actress to keep quiet about their affair — which the ex-president has denied. His lawyers are appealing that ruling in light of the Supreme Court’s July decision fleshing out presidential immunity. 

His sentencing hearing is currently scheduled for Sept. 18.

Fox News Digital reached out to Authentic Campaigns for comment.

This post appeared first on FOX NEWS

House Republicans are claiming vindication after Meta CEO Mark Zuckerberg admitted his company was pressured by the Biden-Harris administration to ‘censor certain COVID-19 content’ during the pandemic.

‘For too long, the Harris-Biden admin pressured social media companies to censor Americans’ views online. This was a deliberate abuse of power to stifle free speech,’ Rep. Richard Hudson, R-N.C., chair of the National Republican Congressional Committee (NRCC), the House GOP’s campaign arm, said on X. 

House Majority Whip Tom Emmer, R-Minn., the No. 3 Republican leader, said on the site, ‘Mark Zuckerberg’s letter to [the House Judiciary Committee] leaves no room for doubt: this was an intentional assault on our First Amendment rights. This abuse of power must end now.’

Zuckerberg wrote to House Judiciary Committee Chairman Jim Jordan, R-Ohio, earlier this week that he wished he and his company had been more outspoken about government censorship concerns in 2021.

‘Ultimately, it was our decision whether or not to take content down, and we own our decisions, including COVID-19-related changes we made to our enforcement in the wake of this pressure,’ the billionaire Facebook founder said. ‘I believe the government pressure was wrong, and I regret that we were not more outspoken about it.’

Zuckerberg said the administration ‘repeatedly pressured our teams for months,’ though he noted, ‘We regularly hear from governments around the world and others with various concerns around public discourse and public safety.’

Jordan has been conducting a monthslong investigation into whether the Biden administration colluded with social media companies to suppress free speech, something the White House has pushed back against.

But Republicans now say Zuckerberg’s letter is proof their suspicions were correct.

‘Zuckerberg admitted that the Biden-Harris regime pressured him to censor conservative voices. There must be accountability within the federal government,’ Rep. Andy Biggs, R-Ariz., wrote on X.

Rep. Vern Buchanan, R-Fla., said, ‘Wow. If it wasn’t glaringly obvious enough already (it was), Zuckerberg is now coming clean and admitting that Facebook censored information at the request of the Biden-Harris WH. It’s time to finally hold Big Tech accountable for their blatant censorship of conservatives.’

‘When confronted with a deadly pandemic, this administration encouraged responsible actions to protect public health and safety,’ the White House said Tuesday of Zuckerberg’s letter.

‘Our position has been clear and consistent: We believe tech companies and other private actors should take into account the effects their actions have on the American people, while making independent choices about the information they present.’

Fox News’ Kate Sprague contributed to this report.

This post appeared first on FOX NEWS

Not for distribution to U.S. news wire services or for dissemination in the United States.

Forward Water Technologies Corp. (‘FWTC’) (TSXV:FWTC) is pleased to announce that, further to the news releases dated May 14, 2024 announcing the proposed business combination between FWTC and Fraser Mackenzie Accelerator Corp. (‘FMAC’) (the ‘Business Combination’) and July 22, 2024 announcing that FWTC and FMAC had entered into a definitive agreement related to such transaction, FWTC will hold its annual and special meeting of shareholders (the ‘Meeting’) to seek approval of, among other things, the Business Combination

The Meeting will be held at the offices of Fogler, Rubinoff LLP, 77 King Street West, Suite 3000, Toronto, Ontario M5K 1G2 on September 23, 2024, at 10:00 a.m. (Toronto time). In connection with the Meeting, FWTC has filed its management information circular, which is now available on SEDAR+ at www.sedarplus.ca. The Business Combination is scheduled to close on or around September 30, 2024.

About Forward Water Technologies Corp.

Forward Water Technologies Corp. (TSX.V:FWTC) is a publicly traded Canadian company dedicated to saving the earth’s water supply using its patented Forward Osmosis technology. FWTC was founded by GreenCentre Canada, a leading technology innovation centre supported by the government of Canada. FWTC’s technology allows for the reduction of challenging waste streams simultaneously returning fresh water for re-use or surface release. FWTC’s mandate is to focus on the large-scale implementation of its technology in multiple sectors, including industrial wastewater, oil and gas, DLE, mining, agriculture and ultimately municipal water supply and re-use market sectors.

FWTC has immediate plans to treat brine from the direct lithium extraction (DLE) sector using its mobile pilot equipment this summer in conjunction with its partners. This project will establish FWTC’s iFOTM technology as a valuable component in producing lithium carbonate from aquifer sourced brines for use in applications such as electric vehicle (EV) battery production.

In addition, FWTC has initiated early-stage R&D for the treatment of food and beverage process streams.

For more information, please visit www.forwardwater.com.

Contact Information:

Forward Water Technologies Corp.
C. Howie Honeyman, Chief Executive Officer
E-mail: howie.honeyman@forwardwater.com
Telephone: (519) 333-5888

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

Caution Concerning Forward Looking Information

This press release contains forward-looking statements and forward-looking information (collectively, ‘forward-looking statements‘) within the meaning of applicable securities laws. Any statements that are contained in this press release that are not statements of historical fact may be deemed to be forward-looking statements. Forward-looking statements are often identified by terms such as ‘may’, ‘should’, ‘anticipate’, ‘will’, ‘estimates’, ‘believes’, ‘intends’ ‘expects’ and similar expressions which are intended to identify forward-looking statements. More particularly and without limitation, this press release contains forward looking statements concerning the proposed transaction with FMAC, the ability of FWTC and FMAC to meet the conditions of the proposed transaction in the required timeframes, obtaining the necessary exemptions and approvals from the TSX Venture Exchange or other regulatory bodies, including the business, name and function of the resulting issuer and certain financial information and forecasts. FWTC cautions that all forward-looking statements are inherently uncertain, and that actual performance may be affected by a number of material factors, assumptions and expectations, many of which are beyond the control of FWTC, including expectations and assumptions concerning FWTC, FMAC, the resulting issuer, the proposed transaction, the timely receipt of all required shareholder and regulatory approvals (as applicable), including the acceptance of the TSX Venture Exchange, the satisfaction of other closing conditions in accordance with the terms of the definitive agreement for the proposed transaction, as well as other risks and uncertainties, including those described in FWTC and FMAC’s respective disclosure documents available on SEDAR+ at www.sedarplus.ca. The reader is cautioned that assumptions used in the preparation of any forward-looking statements may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted as a result of numerous known and unknown risks, uncertainties and other factors, many of which are beyond the control of FWTC. The reader is cautioned not to place undue reliance on any forward-looking statements. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this press release are expressly qualified by this cautionary statement.

The forward-looking statements contained in this press release are made as of the date of this press release, and FWTC does not undertake to update publicly or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by securities law.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities in any jurisdiction.

SOURCE: Forward Water Technologies Inc.

View the original press release on accesswire.com

News Provided by ACCESSWIRE via QuoteMedia

This post appeared first on investingnews.com

(TheNewswire)

NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

VANCOUVER, BC TheNewswire – August 28, 2024 Heritage Mining Ltd. (CSE: HML FRA:Y66) (‘ Heritage ‘ or the ‘ Company ‘) is pleased to provide an update on the completion of its 2024 drilling program at the Zone 3 prospect (Figure 1), at its flagship Drayton-Black Lake project (‘ DBL ‘).

Highlights:

Visible Gold (‘VG’) observed in hole one (HML24-001) (Figure 2).

Figure 2:  Visible gold lies in a fracture within white vein quartz and is associated with pyrite, galena and possible molybdenite.

The Company has intersected multiple zones of pyrite mineralization with local patchy galena and chalcopyrite (Figure 3). This style of mineralization is known to be associated with gold at the DBL project.


Click Image To View Full Size

Figure 3 HML24-001 from 45m quarts vein hosted chalcopyrite mineralization with pyrite disseminated through the wall rock

The Company has rushed gold analysis for the first 4 holes .

‘We are thrilled with the initial visual indicators from our latest drilling program. All seven holes have encountered highly promising mineralization, some of the best we’ve observed on the property to date. This program specifically targets a historical gold ore shoot, and the discovery of visible gold in this area strongly suggests that we are in the right zone.

We eagerly anticipate sharing further updates with the market, including assay results, geological interpretations, and our fall exploration plan for Zone 3.

Additionally, we look forward to providing an update on our Ontario Project Portfolio in the near future,’ Commented Peter Schloo, President, CEO, and Director of Heritage.

Zone 3 Prospect Summary

The visible gold lies along a fracture surface in a 15cm wide quartz vein. Intense pyrite mineralization occurs in the quartz vein and adjacent to the vein in the enclosing mafic metavolcanic rock. Galena and possible molybdenite are associated with the pyrite and visible gold (Figure 2).

Hole HML24-001 was designed test high grade gold results reported in drill hole number 4 from a November 1936 drill program as reported in assessment report 52J04SE0015 (see table inset on the map on page 101 therein).

The 2024 drill program was undertaken between 5-August and 11-August 2024.  Seven holes were completed at Zone 3 for a total of 1009 meters (Table 1). The program was designed to test multiple high-grade Au intercepts drilled in 1936-7 and to test the results of a Spatiotemporal Geochemical Hydrocarbons (SGH) in soil survey completed in June 2024.

The Zone 3 Prospect is located at the contact between the Lake of the Bays Batholith and mafic metavolcanics. Zone 3 is characterized by a corridor of subvertical Au-bearing quartz veins up to 3 meters wide exposed discontinuously for at least 300 meters at the surface and that runs roughly parallel to the contact with the batholith. Drill hole HML24-002 (completed August 7, 2024) shows that quartz veins with associated sulfide mineralization continue for several tens of meters into the granitic rocks of the batholith from the contact with the mafic metavolcanics.  This is consistent with SGH gold anomalies that lie over parts of the batholithic rocks near the contact and directly over this hole.


Click Image To View Full Size

Figure 1: Plan map with SGH Soil Gold Anomaly and Ontario Geology overlays showing the Heritage Mining Ltd 2024 Drill program as executed. Visible gold was found in hole HML24-001 at 35.1m depth.

Table 1:  2024 drillhole design details Zone 3

Qualified Person

Mitch Lavery P. Geo, Strategic Advisor for the Company, serves as a qualified person as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects and has reviewed the scientific and technical information in this news release, approving the disclosure herein.

ABOUT HERITAGE MINING LTD.

The Company is a Canadian mineral exploration company advancing its two high grade gold-silver-copper projects in Northwestern Ontario. The Drayton-Black Lake, Contact Bay and Scattergood projects are located near Sioux Lookout in the underexplored Eagle-Wabigoon-Manitou Greenstone Belt . The projects benefit from a wealth of historic data, excellent site access and logistical support from the local community. The Company is well capitalized, with a tight capital structure.

For further information, please contact:

Heritage Mining Ltd.

Peter Schloo, CPA, CA, CFA

President, CEO and Director

Phone: (905) 505-0918

Email: peter@heritagemining.ca

FORWARD-LOOKING STATEMENTS

This news release contains certain statements that constitute forward looking information within the meaning of applicable securities laws. These statements relate to future events of the Company. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as ‘seek’, ‘anticipate’, ‘plan’, ‘continue’, ‘estimate’, ‘expect’, ‘forecast’, ‘may’, ‘will’, ‘project’, ‘predict’, ‘potential’, ‘targeting’, ‘intend’, ‘could’, ‘might’, ‘should’, ‘believe’, ‘outlook’ and similar expressions are not statements of historical fact and may be forward looking information. All statements, other than statements of historical fact, included herein are forward-looking statements.

Forward looking information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance, or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such risks include, among others, the inherent risk of the mining industry; adverse economic and market developments; the risk that the Company will not be successful in completing additional acquisitions; risks relating to the estimation of mineral resources; the possibility that the Company’s estimated burn rate may be higher than anticipated; risks of unexpected cost increases; risks of labour shortages; risks relating to exploration and development activities; risks relating to future prices of mineral resources; risks related to work site accidents, risks related to geological uncertainties and variations; risks related to government and community support of the Company’s projects; risks related to global pandemics and other risks related to the mining industry. The Company believes that the expectations reflected in such forward-looking information are reasonable, but no assurance can be given that these expectations will prove to be correct and such forward‐looking information should not be unduly relied upon. These statements speak only as of the date of this news release. The Company does not intend, and does not assume any obligation, to update any forward‐looking information except as required by law.

This document does not constitute an offer to sell, or a solicitation of an offer to buy, securities of the Company in Canada, the United States, or any other jurisdiction. Any such offer to sell or solicitation of an offer to buy the securities described herein will be made only pursuant to subscription documentation between the Company and prospective purchasers. Any such offering will be made in reliance upon exemptions from the prospectus and registration requirements under applicable securities laws, pursuant to a subscription agreement to be entered into by the Company and prospective investors.

Copyright (c) 2024 TheNewswire – All rights reserved.

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(TheNewswire)

VANCOUVER, BC T he N ewswire August 28, 2024 Element79 Gold Corp. (CSE: ELEM) (OTC: ELMGF) (FSE: 7YS) (‘Element79’ the ‘Company ‘) today announced the addition of Mr. Warren Levy to the Board of Directors. Mr. Levy was appointed to the Company’s Advisory Board in March.

Mr. Levy’s career is marked by exceptional sustainability leadership, including several senior roles where he has left an indelible mark, notably in the energy and resources sector. Mr. Levy has guided multiple companies with foreign operations both as an advisor and board member, leveraging his expertise in sustainability, operational efficiency and capital raising while fostering positive relationships with local communities.

Throughout his career, Mr. Levy has demonstrated the ability to cultivate high-performance teams across diverse cultural landscapes. His strategic guidance has propelled the expansion of numerous companies in sectors spanning petroleum, mining, and high-tech industries in Latin America and Asia. Author of multiple publications on Latin American energy policy, Mr. Levy has contributed to the discourse on energy and natural resource development in the region, offering insightful perspectives on energy policy and the pivotal role of sustainable development in poverty reduction. Mr. Levy has run regional oilfield and mining service companies with significant operations in Peru, and most recently was the CEO of Jaguar Exploration and Production, the largest private natural gas operator in Mexico, leading it from startup through to becoming the recognized leader in sustainable natural gas production. He managed the company through to the successful sale to a major Mexican conglomerate.

The Company further announces Mr. Antonios Maragakis’ resignation from his position as a director but is pleased to advise that he has accepted a position on the Company’s Advisory Board.

James Tworek, CEO, noted ‘We could not be more pleased to have Mr. Levy on as a member of the Board of Directors as his worldwide experience and operational know-how will offer critical insights as we define the Company’s strategic path, promoting sustainable growth and leading the way with innovative practices.’  He further stated ‘We are extremely pleased that Antonios has agreed to stay on as an advisor as his expertise and insights are invaluable, we thank him for all his past contributions and look forward to his continued support.’

Element79 also announces that unfortunately the OTCQB uplisting on announced earlier this week has been postponed. The listing is tentatively scheduled to be effective in the first week of September. We apologize for any confusion on the dates.

About Element79 Gold Corp.

Element79 Gold’s focus is on exploring developing its past-producing, high-grade gold and silver mine, the Lucero project located in Arequipa, Peru, with the intent to restart production in the near term.

The Company holds a portfolio of five properties along the Battle Mountain trend in Nevada, and the projects are believed to have significant potential for near-term resource development.  The Company is currently reviewing the Battle Mountain portfolio for exploration and development or sale.

The Company also holds an option to acquire a 100% interest in the Dale Property, 90 unpatented mining claims located approximately 100 km southwest of Timmins, Ontario, and has recently announced that it has transferred this project to its wholly owned subsidiary, Synergy Metals Corp, and is advancing through the Plan of Arrangement spin-out process.

For more information about the Company, please visit www.element79.gold

Contact Information

For corporate matters, please contact:

James C. Tworek, Chief Executive Officer

E-mail: jt@element79.gold

For investor relations inquiries, please contact:

Investor Relations Department

Phone: +1.403.850.8050

E-mail: investors@element79.gold

Cautionary Note Regarding Forward Looking Statements

Certain information in this news release constitutes forward-looking statements under applicable securities laws. Any statements that are contained in this news release that are not statements of historical fact may be deemed to be forward-looking statements. Forward-looking statements are often identified by terms such as ‘may’, ‘should’, ‘anticipate’, ‘expect’, ‘potential’, ‘believe’, ‘intend’ or the negative of these terms and similar expressions. Forward-looking information in this press release are based on certain assumptions and expected future events.

These statements involve known and unknown risks, uncertainties and other factors, which may cause actual results, performance or achievements to differ materially from those expressed or implied by such statements.

Readers are cautioned that the foregoing list is not exhaustive. Readers are further cautioned not to place undue reliance on forward-looking statements, as there can be no assurance that the plans, intentions or expectations upon which they are placed will occur. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated.

Forward-looking statements contained in this press release are expressly qualified by this cautionary statement and reflect the Company’s expectations as of the date hereof and are subject to change thereafter. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, estimates or opinions, future events or results or otherwise or to explain any material difference between subsequent actual events and such forward- looking information, except as required by applicable law.

Neither the Canadian Securities Exchange nor the Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.

Copyright (c) 2024 TheNewswire – All rights reserved.

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TSX Venture Exchange:   BSK
Frankfurt Stock Exchange:   MAL2

Blue Sky Uranium Corp. (TSXV: BSK) (FSE: MAL2) (‘Blue Sky’ or the ‘Company’) announces it is amending the terms of the non-brokered private placement for the sale of: (i) a minimum of 18,000,000 units of the Company (each, a ‘ Unit ‘) at a price of $0.05 per Unit (the ‘ Offering Price ‘) for aggregate gross proceeds of $900,000 ; and (ii) a maximum of 21,000,000 Units at the Offering Price for aggregate gross proceeds of $1,050,000 (the ‘ Offering ‘). Red Cloud Securities Inc. will be acting as a finder in connection with the Offering.

Each Unit will consist of one common share in the capital of the Company (each, a ‘ Common Share ‘) and one transferrable Common Share purchase warrant (each, a ‘ Warrant ‘). Each Warrant will entitle the holder thereof to purchase one additional Common Share (each, a ‘ Warrant Share ‘) at an exercise price of $0.05 per Warrant Share for a period of four (4) years following the issue date of the Unit.

Please contact Shawn Perger at 1-604-687-1828 or Toll-Free: 1-800-901-0058
Email: info@blueskyuranium.com

Subject to compliance with applicable regulatory requirements and in accordance with National Instrument 45-106 – Prospectus Exemptions (‘ NI 45-106 ‘), the Units will be offered for sale to purchasers resident in Canada other than Quebec and in certain offshore jurisdictions pursuant to the listed issuer financing exemption under Part 5A of NI 45-106 (the ‘ Listed Issuer Financing Exemption ‘). The Units may also be sold in certain other jurisdictions pursuant to applicable securities laws. The Common Shares issuable from the sale of Units sold under the Listed Issuer Financing Exemption are expected to be immediately freely tradeable under applicable Canadian securities legislation if sold to purchasers resident in Canada , subject to any hold period imposed by the TSX Venture Exchange (the ‘ Exchange ‘) on the securities issued to certain purchasers. There is an offering document relating to the Offering that can be accessed under the Company’s profile at www.sedarplus.ca and on the Company’s website at www.blueskyuranium.com . Prospective investors should read this offering document before making an investment decision.

Closing of the Offering is subject to certain conditions including, but not limited to, the receipt of all necessary approvals, including but not limited to, the approval of the Exchange. Directors, officers and employees of the Company may participate in a portion of the Offering and any securities issued to such directors and officers are subject to the Exchange’s four-month hold period. A commission may be paid to arm’s length finders on a portion of the Offering. The Company intends to use the proceeds of the Offering for exploration programs including the recently acquired in-situ recovery uranium projects in Argentina and for general working capital.

The securities described herein have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the ‘ 1933 Act ‘) or any state securities laws, and accordingly, may not be offered or sold within the United States except in compliance with the registration requirements of the 1933 Act and applicable state securities requirements or pursuant to exemptions therefrom. This press release does not constitute an offer to sell or a solicitation to buy any securities in any jurisdiction.

About Blue Sky Uranium Corp.

Blue Sky Uranium Corp. is a leader in uranium discovery in Argentina . The Company’s objective is to deliver exceptional returns to shareholders by rapidly advancing a portfolio of surficial uranium deposits into low-cost producers, while respecting the environment, the communities, and the cultures in all the areas in which we work. Blue Sky has the exclusive right to properties in two provinces in Argentina . The Company’s flagship Amarillo Grande Project was an in-house discovery of a new district that has the potential to be both a leading domestic supplier of uranium to the growing Argentine market and a new international market supplier. The Company is a member of the Grosso Group, a resource management group that has pioneered exploration in Argentina since 1993.

ON BEHALF OF THE BOARD
‘Nikolaos Cacos’
______________________________________
Nikolaos Cacos , President, CEO and Director

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This news release may contain forward-looking statements. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. All statements, other than statements of historical fact, that address activities, events or developments the Company believes, expects or anticipates will or may occur in the future, including, without limitation, statements about the closing of the Offering, the participation by insiders in the Offering, finder’s fees, and the use of proceeds; the Company’s plans for its mineral properties; the Company’s business strategy, plans and outlooks; the future financial or operating performance of the Company; and future exploration and operating plans are forward-looking statements. Forward-looking statements are not guarantees of future performance and accordingly undue reliance should not be put on such statements due to the inherent uncertainty therein.

Forward-looking statements are subject to a number of risks and uncertainties that may cause the actual results of the Company to differ materially from those discussed in the forward-looking statements and, even if such actual results are realized or substantially realized, there can be no assurance that they will have the expected consequences to, or effects on, the Company. Factors that could cause actual results or events to differ materially from current expectations include, among other things: the impact of COVID-19; risks and uncertainties related to the ability to obtain necessary approvals, including Exchange approval for the closing of the Offering, the ability to obtain, amend, or maintain licenses, permits, or surface rights; risks associated with technical difficulties in connection with mining activities; and the possibility that future exploration, development or mining results will not be consistent with the Company’s expectations. Actual results may differ materially from those currently anticipated in such statements. Readers are encouraged to refer to the Company’s public disclosure documents for a more detailed discussion of factors that may impact expected future results. Any forward-looking statement speaks only as of the date on which it is made and the Company undertakes no obligation to publicly update or revise any forward-looking statements, unless required pursuant to applicable laws.

SOURCE Blue Sky Uranium Corp.

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2024 has been positive for silver stocks. A variety of factors pushed the white metal’s price higher during the second quarter, allowing it to break the US$30 per ounce mark for the first time since 2012.

According to the Silver Institute, demand for silver is set to outstrip mine supply for the third year in a row, due in part to rising consumption from sectors dependent on the energy transition, including photovoltaics and electric vehicles.

India in particular has seen demand soar after introducing regulations for domestic production for new solar projects; that led the country to import more silver in the first four months of the year than all of 2023.

How has silver’s price movement benefited Canadian silver stocks on the TSX and TSXV? The five companies listed below have seen the best performances since the start of the year. Data was gathered using TradingView’s stock screener on August 26, 2024, and all companies listed had market caps over C$10 million at that time.

1. Defiance Silver (TSXV:DEF)

Press ReleasesCompany Profile

Year-to-date gain: 120.83 percent; market cap: C$71.35 million; share price: C$0.265

Explorer Defiance Silver is working to advance its district-scale Zacatecas silver project in Zacatecas, Mexico.

The project consists of a 4,300 hectare land package and includes four project areas: San Acacio, Lucito, Panuco and Lagartos. Both San Acacio and Lagartos have seen previous exploration and mining activity.

On January 15, the company announced results from its 2023 drill program at the San Acacio target, reporting well-developed silver and zinc values with elevated gold and copper. This includes a highlighted assay of 223.53 g/t silver over 12.82 meters with an interval of 306.86 g/t silver over 7.79 meters.

Defiance provided an update on April 15 on a surface-sampling campaign at the Lucita target. The results show widespread high-grade polymetallic mineralization, with Defiance highlighting grades of up to 795 g/t silver from Lucita North and 2,350 g/t silver from Lucita South. The company said the results reinforce the district-scale potential at Zacatecas.

Shares of Defiance reached a year-to-date high of C$0.425 on May 15.

2. GR Silver Mining (TSXV:GRSL)

Press ReleasesCompany Profile

Year-to-date gain: 118.75 percent; market cap: C$55.02 million; share price: C$0.175

GR Silver Mining is a small-cap explorer and developer that is working to advance its Rosario Mining District in Sinaloa, Mexico, to production. The district consists of three core mining areas: Plomosas, San Marcial and La Trinidad.

The company’s primary focus has been the development of Plomosas and neighboring San Marcial, a 9,764 hectare land package that hosts a past-producing silver, gold, lead and zinc underground mine.

In March 2023, the company released an updated resource estimate for Plomosas showing total indicated quantities of 97 million silver equivalent ounces, with additional inferred quantities of 53 million silver equivalent ounces.

Shares of GR Silver saw significant gains in the first quarter alongside a rising silver price and a March 4 news release. In the announcement, GR Silver reported that it had started small bulk sampling and test mining at Plomosas.

In an update on June 27, the company provided results from the sampling program. In the report, GR Silver said it had completed 280 meters of underground development and processed 15,170 metric tons of material. Silver recovery rates from the samples were between 84 and 92 percent. Assays from channel sampling produced high grades, with one sample grading 1,625 grams per metric ton (g/t) silver and 14.1 g/t gold over 2.5 meters.

GR Silver’s share price reached a year-to-date high of C$0.23 on June 2.

3. Gatos Silver (TSX:GATO)

Company Profile

Year-to-date gain: 99.07 percent; market cap: C$1.22 billion; share price: C$17.06

Gatos Silver is a silver-focused production and exploration company. Its flagship asset is the Cerro Los Gatos mine and district, located south of Chihuahua City, Mexico.

The site consists of 14 predominantly silver, lead and zinc mineralization zones, and is a joint venture with Dowa Metals and Mining, which holds a 30 percent stake in the operation; Gatos owns the remaining 70 percent.

On February 21, the company released its full-year results for 2023, indicating it had produced 9.2 million ounces of silver, marking a decline from the 10.3 million ounces produced in 2022. However, the company said it improved operational efficiencies to offset inflationary pressure, lowering all-in-sustaining costs (AISC) to the lower end of 2023 guidance.

In the release, Gatos also notes that it expects similar production totals for 2024, with guidance of 8.4 million to 9.2 million ounces of silver at an AISC of US$9.50 to US$11.50 per payable ounce. The company said it anticipates that exploration efforts at the South-East Deeps target will further extend the life of the mine.

The most recent news from the project came on July 23, when Gatos reported continued results from the South East Deeps zone extension drilling alongside an update on regional exploration programs. In the announcement, the company provided a highlighted assay of 214 g/t silver over 3.5 meters.

Results from its ongoing drilling at the Portigueño target included a highlight of 49 g/t silver over 1.6 meters, while results from two holes testing the depth of the San Luis target produced a highlighted intercept more than 150 meters below surface of 66 g/t silver over 8.9 meters, which included 111 g/t silver over 2.5 meters.

In an update on August 6, Gatos reported that silver production through the first six months of 2024 was 4.67 million ounces, up from 4.43 million ounces from the same period in 2023. The company also said it remained on track to achieve 2024 production and cost guidance.

Shares of Gatos reached a year-to-date high of C$19.29 on July 15.

4. Avino Silver and Gold Mines (TSX:ASM)

Company Profile

Year-to-date gain: 95.77 percent; market cap: C$185.09 million; share price: C$1.39

Avino Silver and Gold Mines is a precious metals miner with two primary silver assets: the producing Avino silver mine and the neighboring La Preciosa project in Durango, Mexico.

The Avino mine is capable of processing 2,500 MT of ore per day ore, and in 2023 produced 928,643 ounces of silver, 7,335 ounces of gold and 5.3 million pounds of copper. While within the company’s guidance, there was a 6 percent decrease in silver production over 2022, when it produced 985,195 ounces in the same time period.

In addition to its Avino mining operation, Avino is working to advance its La Preciosa project toward the production stage. The site covers 1,134 hectares, and according to a February 2023 resource estimate, holds measured and indicated quantities of 98.59 million ounces of silver and 189,190 ounces of gold.

On February 28, the company provided an update for La Preciosa, saying it was preparing for the first phase of production at the Gloria and Abundancia veins. Avino also said it has the equipment needed to commence operations at the site once it receives the necessary environmental permits, which it expects later in 2024.

In its Q2 2024 results released on August 13, Avino reported that it had generated record quarterly revenues of C$14.8 million during the second quarter, an increase of 60 percent over the same quarter in 2023. Additionally, the company said it had produced 543,589 ounces of silver through the first half of the year, a 16 percent increase from the 466,755 ounces of silver in the six months of 2023.

Avino’s share price marked a year-to-date high of C$1.51 on May 26.

5. Endeavour Silver (TSX:EDR)

Company Profile

Year-to-date gain: 67.68 percent; market cap: C$1.09 billion; share price: C$4.41

Endeavour Silver is a silver company with two operating silver-gold mines in Mexico — Guanaceví and Bolañitos — plus an advanced-stage development project and several exploration properties.

Its primary focus for 2024 has been the development of its Terronera project in Jalisco, Mexico, which is under construction. Once complete, the new mine will become the company’s flagship operation. According to a 2023 update to its 2021 feasibility report, Terronera will produce an estimated 4 million ounces of silver per year over a 10 year mine life.

The most recent update from Terronera came on July 24, when the company announced that construction at the site had progressed, with surface construction achieving 77 percent completion. The company said the upper platform was progressing and should be ready for dry commissioning during Q3 2024 and that it was concentrating on the lower platform with final earthworks and concrete pouring also during the third quarter.

In an update on August 19, Endeavour reported that processing at its Guanacevi mine site had resumed following a failure that occurred at the primary ball mill trunnion on August 12. However, the company noted that processing would be less than half of its 1,200 metric ton per day capacity during a ramp up with temporary modifications. Permanent repairs to return to regular capacity are expected to take 16 weeks for fabrication and installation.

The company said that silver production for the year is estimated to decrease by 900,000 to 1.1 million ounces and has recalculated its 2024 guidance to 4.4 to 4.6 million ounces.

Shares of Endeavour reached a year-to-date high of C$6.80 on July 15.

Securities Disclosure: I, Dean Belder, hold no direct investment interest in any company mentioned in this article.

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