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  • AI/ML Innovations Inc. Announces Settlement of Debt

    TORONTO, ON / ACCESSWIRE / October 11, 2023 / AI/ML Innovations Inc. (the "Company") (CSE:AIML)(OTCQB:AIMLF)(FWB:42FB), a company committed to acquiring and advancing Artificial Intelligence/Machine Learning technologies that address urgent societal needs, announced that it has entered into a Debt Settlement Agreement with Tormin Resources Limited of Roslin, Ontario (the "Creditor"). The Company owes the Creditor an aggregate amount of $733,441, plus $68,500 in accrued fees, for a total amount of $801,941.00 (the "Debt") pursuant to a loan. The Company and the Creditor have entered into a Debt Settlement Agreement dated October 11, 2023, wherein the Creditor has agreed to accept a cash payment of $70,000 in full and complete settlement of the debt. For more information about AI/ML Innovations: For detailed information please see AI/ML's website or the Company's filed documents at www.sedarplus.ca/ For further information, contact: Blake Fallis at (778) 405-0882 or info@aiml-innovations.com. About AI/ML Innovations Inc. https://aiml-innovations.com/ AI/ML Innovations Inc. has realigned its business operations to capitalize on the burgeoning fields of artificial intelligence (AI) and machine learning (ML), with an initial investment focus on emerging digital health and wellbeing companies that leverage AI, ML, cloud computing and digital platforms to drive transformative healthcare management solutions and precision support delivery across the health continuum. Through strategic partnerships with Health Gauge (95.2% owned by AIML), Tech2Heal (up to 22% ownership rights, with 12.44% currently owned by AIML), AI Rx Inc. (70% owned by AIML) and other planned accretive investments, the Company continues to capitalize on expanding growth areas, to the benefit of all the Company's stakeholders. AI/ML's shares are traded on the Canadian Securities Exchange under the symbol "AIML", the OTCQB Venture Market under "AIMLF", and the Frankfurt Stock Exchange under "42FB". On behalf of the Board of Directors Tim Daniels, Executive Chairman THIS PRESS RELEASE DOES NOT CONSTITUTE AN OFFER TO SELL OR THE SOLICITATION OF AN OFFER TO BUY ANY SECURITIES IN ANY JURISDICTION, NOR SHALL THERE BE ANY OFFER, SALE, OR SOLICITATION OF SECURITIES IN ANY STATE IN THE UNITED STATES IN WHICH SUCH OFFER, SALE, OR SOLICITATION WOULD BE UNLAWFUL. Neither the CSE nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release. SOURCE

  • Pegasus Resources Completes Ground Program at Golden Project in Southeastern BC

    VANCOUVER, BC, - TheNewswire - October 11, 2023 – Pegasus Resources Inc. (TSXV:PEGA) (Frankfurt:OQS2) (OTC:SLTFF) (the "Company" or "Pegasus”) is pleased to announce the conclusion of its 2023 ground exploration program at the Punch Bowl property, Golden Project in southeastern British Columbia. (See news release October 06, 2023). During this program, our dedicated team collected a total of 25 rock samples. We look forward to the processing and analysis of these samples, recognizing their potential to reveal valuable insights. The data from these assays will be a critical foundation for shaping our future exploration strategy at the Golden Project. We are committed to keeping our stakeholders informed and will provide updates once the assays have been received by the Company. Exploration Highlights: Day 1: Fourteen (14) rock samples were collected, with the potential of showcasing the rich geological diversity of the Golden Project. Several new quartz veins (not previously located during the 2020 and 2021 field programs) were identified and sampled, measuring up to 0.5 m in width. Two veins were found to contain galena, a mineral very commonly associated with gold from historical work completed on the Property. Day 2: An additional eleven (11) rock samples were collected, further expanding our understanding of the Punch Bowl area. Continued to map and sample previously unidentified quartz veins, measuring up to 1 m in width, and up to 80 m in length. One additional vein was found hosting galena. "While uranium exploration remains our primary focus, the encouraging discoveries made during our previous exploration programs in 2020-21 underscore the need to explore the exciting potential of the Golden Project for copper and gold," stated Chris Timmins, President and CEO of Pegasus. "We eagerly await the 2023 ground program results, as they will play a pivotal role in shaping our future exploration strategies and ultimately maximizing the value of these promising properties." Photos (left): 0.5m thick quartz vein (right): heavily oxidized gossanous quartz vein Photo: Geologist investigating quartz veins on McGillivray Ridge Punch Bowl: The Punch Bowl property consists of three mineral claims totalling 3,079 ha and is approximately 90 km NW of the Gold Mountain property and 140 km NW of Golden, BC. The property surrounds the historic Punch Bowl, showing where discrete quartz-gold veins are hosted within quartzites and pelites of the McNaughton Formation. Vertebrae Ridge: The Vertebrae Ridge property is comprised of four claims encompassing about 5,324 ha (13,156 acres) roughly 81 kilometers northwest of Golden, BC. The exploration campaign during August 2021 resulted in the extension of known polymetallic mineralization trends, the confirmation of significant mineralization continuity at historically sampled locations and the discovery of the Canon Cu-Au Zone. The Company believes the newly discovered Canon Zone may be related to a large oval; alkaline intrusion located a short distance west of the mineralized area. Gold Mountain: The Gold Mountain property is an early-stage gold/silver property located approximately 50 km NW of Golden, BC, just north of Highway 1. The property comprises two mineral claims over 802 ha and encompasses the historic Grizzly occurrence featuring gold and silver hosted within polymetallic quartz/carbonate veins. Quality Assurance / Quality Control All samples were collected in the field using a hammer and chisel. Locations were obtained using a handheld GPS or tablet, with samples placed in pre-labelled sample bags. Metal tags with the sample numbers and flagging tape were left at each sample location. A Quality Assurance/Quality Control protocol was incorporated into the program and included the insertion of silica blanks at a rate of approximately 15%. Samples are being transported to SGS Canada’s laboratory in Burnaby, BC, for standard sample preparation (code PRP89), which includes drying at 105°C, crushing to 75% passing 2mm, riffle splitting 250 g, and pulverizing to 85% passing 75 microns. They will subsequently be analyzed for multi-element (code GE_ARM3V25) and Au by fire assay (code GE_FAA30V5). Management cautions that prospecting surface rock samples and associated assays, as discussed herein, are selective by nature and represent a point location and, therefore, may not necessarily be fully representative of the mineralized horizon sampled. NI 43-101 Disclosure The technical content of this news release has been reviewed and approved by Nathan Schmidt, P. Geo., Senior Geologist for Dahrouge Geological Consulting Ltd., and a Qualified Person under National Instrument 43-101, who has prepared and/or reviewed the content of this press release. About Pegasus Resources Inc. Pegasus Resources Inc. is a diversified Junior Canadian Mineral Exploration Company with a focus on uranium, gold, and base metal properties in North America. The Company is also actively pursuing the right opportunity in other resources to enhance shareholder value. For additional information, please visit the company website at www.pegasusresourcesinc.com On Behalf of the Board of Directors: Christian Timmins President, CEO and Director Pegasus Resources Inc. 700 – 838 West Hastings Street Vancouver, BC V6C 0A6 PH: 1-403-597-3410 X: https://twitter.com/MrChris_Timmins X: https://twitter.com/pegasusresinc E: info@pegasusresourcesinc.com Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release. Forward Looking Statements Statements included in this announcement, including statements concerning the Company's plans, intentions, and expectations, which are not historical in nature are intended to be, and are hereby identified as, "forward-looking statements." Forward-looking statements may be identified by words including "anticipates," "believes," "intends," "estimates," "expects" and similar expressions. The Company cautions readers that forward-looking statements, including without limitation those relating to the Company's future operations and business prospects, are subject to certain risks and uncertainties that could cause actual results to differ materially from those indicated in the forward-looking statements. SOURCE

  • Forum Receives Geochemical Results from Ned Uranium Target, Thelon Basin Uranium Project

    Vancouver, B.C., October 10, 2023 – Forum Energy Metals Corp. (TSX.V: FMC; OTCQB: FDCFF) (“Forum” or the “Company”) announces the geochemical results from the Ned anomaly, one of over 20 targets for high grade unconformity-related deposits on its Thelon Basin uranium project located 100 km west of Baker Lake, Nunavut. Forum drilled four holes into the Tatiggaq zone and one hole in the 2km by 2km Ned target outlined by a large gravity low anomaly. Forum holds a 100% interest in 95,500 hectares of ground adjacent to Orano’s 133 million pound Kiggavik uranium project* (Figure1). HIGHLIGHTS Drilling at Ned was collared in Thelon sandstone, targeting an unconformity deposit at the sandstone/basement contact. Geochemical results returned elevated uranium, boron, silver and nickel. The sandstone was bleached and clay altered, typical of unconformity- related uranium deposits. The last hole in the Tatiggaq zone, TAT23-004 (West Zone) results are pending. Tatiggaq drilling intersected high-grade near surface uranium mineralization over 200 metres (see news releases dated September 12, 2023 and September 26, 2023) TAT23-002 (Main Zone) intersected 2.25% U3O8 over 11.1 metres; TAT23-003 (West Zone) intersected 0.40% U3O8 over 12.8 metres Dr. Rebecca Hunter, Forum’s VP, Exploration stated, “The Ned Anomaly is one of numerous targets identified on the property that could host a major uranium deposit in addition to our Tatiggaq deposit. The elevated uranium and pathfinder elements from drilling into the sandstone suggests the area is fertile for hosting unconformity-related mineralization in the vicinity of this very large anomaly. The clay alteration and bleached rock encountered in the drillhole is typical of what is observed within the sandstone column overlying unconformity-related uranium deposits in the Athabasca. I am encouraged by these results and look forward to getting back to drill this target in 2024.” Figure 1 The Thelon Basin is a geologic analogue to the Athabasca Basin in Saskatchewan. Orano’s uranium deposits are along the same controlling structures as Forum’s Tatiggaq deposit and over 20 other targets are present within the project, which could host additional uranium deposits similar to the Athabasca Basin. Ned Gravity surveys in the Thelon Basin have proven to be a good geophysical technique for identifying alteration zones associated with uranium deposits at Orano’s Kiggavik uranium project and Forum’s Tatiggaq and Qavvik deposits. The 2km by 2km Ned gravity low anomaly is one of over ten targets on the property identified in Thelon sandstone. Whereas the current Orano and Forum deposits are basement-hosted deposits similar to NexGen’s Arrow deposit and Cameco’s Eagle Point deposit in the Athabasca Basin, Forum is also targeting unconformity deposits at the sandstone/basement contact similar to McArthur River and Cigar Lake in the Athabasca (Figure 2). Composite geochemical results for drill hole NED23-001 on the Ned anomaly contains average Utotal values of 1 ppm and up to 2.6 ppm. Elevated pathfinder elements such as Btotal (up to 306 ppm), Agtotal (up to 2.71 ppm), and Nitotal (up to 7.6 ppm) are observed. Due to drilling difficulties, the hole was lost at 165 metres in clay-altered Thelon sandstone, a typical alteration feature of large uranium deposits in the Athabasca Basin. This anomaly will be the focus of additional drill testing during Forum’s planned 2024 drill program. *Source: Areva Resources Canada Inc., The Kiggavik Project, Project Proposal, November 2008 and Kiggavik Popular Summary, April, 2012 submission to the Nunavut Impact Review Board. Figure 2 The Kiggavik, End and Andrew Lake deposits on Orano’s Kiggavik uranium project and Forum’s Tatiggaq and Qavvik uranium deposits are near surface, open pittable basement-hosted unconformity-related uranium deposits. The drill target at Ned is designed to test for unconformity contact uranium mineralization as are the Ayra, Bjorn and other targets identified in Thelon sandstone cover on Forum’s property. Quality Assurance/Quality Control Geochemical analysis was conducted at the Saskatchewan Research Council Geoanalytical Laboratory in Saskatoon, Saskatchewan. Systematic 10 cm split (basement) and 10 m chip composite samples (sandstone) were analysed using ICP-MS Exploration Package for sandstone and basement rocks (ICP-MS1 and 2). Assay samples were analysed using the ICP-OES package (ICP1) with the addition of the U3O8 wt% assay analysis. Mineralized samples were split into half core samples ranging from 10 to 50 cm in thickness except shoulder regions were locally up to 90 cm and all samples were grouped based on similar radioactivity using a hand-held scintillometer. Duplicates were taken every 20 m and were within acceptable limits for field rock samples. Rebecca Hunter, PhD., P.Geo., Forum’s Vice President of Exploration and Qualified Person under National Instrument 43-101, has reviewed and approved the contents of this news release. About Forum Energy Metals Forum Energy Metals Corp. (TSX.V: FMC; OTCQB: FDCFF) is focused on the discovery of high grade unconformity-related uranium deposits in the Athabasca Basin, Saskatchewan and the Thelon Basin, Nunavut. In addition, Forum holds a diversified energy metal portfolio of copper, nickel, and cobalt projects in Saskatchewan and Idaho. For further information: https://www.forumenergymetals.com. This press release contains forward-looking statements. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause Forum’s actual results, level of activity, performance or achievements to be materially different from those expressed or implied by such forward-looking information. Such factors include but are not limited to: uncertainties related to the historical data, the work expenditure commitments; the ability to raise sufficient capital to fund future exploration or development programs; changes in economic conditions or financial markets; changes commodity prices, litigation, legislative, environmental and other judicial, regulatory, political and competitive developments; technological or operational difficulties or an inability to obtain permits required in connection with maintaining or advancing its exploration projects. ON BEHALF OF THE BOARD OF DIRECTORS Richard J. Mazur, P.Geo. President & CEO 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 release. For further information contact: Rick Mazur, P.Geo., President & CEO mazur@forumenergymetals.com Tel: 604-630-1585 SOURCE

  • Pegasus Resources Commences Ground Program at Golden Project in Southeastern B.C.

    VANCOUVER, BC – TheNewswire - October 06, 2023 – Pegasus Resources Inc. (TSXV:PEGA): (Frankfurt:OQS2), (OTC:SLTFF) (the "Company" or "Pegasus") is excited to announce the commencement of our 2023 mapping and sampling program on our Golden Project, which is comprised of three Properties along trend between Golden and Valemount, British Columbia. The 2023 exploration program will focus efforts on the Punch Bowl Property, following up on the encouraging results obtained during the 2021 prospecting campaign, which included the discovery of a 200 m copper trend at Punch Bowl, with sample 151871 reporting 0.70% Cu and 151888 1.68% Cu.. (See news release Jan 04, 2022). Further updates will be provided as we advance through our 2023 exploration program. In 2021, our exploration efforts at Punch Bowl unveiled an exciting copper-bearing zone, approximately 200 meters in length," noted Chris Timmins, President and CEO of Pegasus. "Our 2023 program is designed to build upon the promising findings we unearthed in 2020 and 2021. The launch of our 2023 exploration program at Golden signifies our unwavering commitment to realizing the project's potential and deepening our comprehension as we delve into the Golden Project." Punch Bowl: The Punch Bowl Property consists of three mineral claims totalling 3,079 ha and is approximately 90 km NW of the Gold Mountain Property and 140 km NW of Golden, BC. The Property surrounds the historic Punch Bowl, showing where discrete quartz-gold veins are hosted within quartzites and pelites of the McNaughton Formation. 2021 Exploration Highlights: (see January 04, 2022 news release) A total of 37 samples were collected on the Punch Bowl Property. Click Image To View Full Size Discovery of a new copper mineralized zone located approximately 2.5 km southeast of the main gold zone (Figure 1). Of the 13 outcrop and float samples, six (6) samples returned values greater than 0.1% Cu and up to 1.68% Cu. Discovery of a new copper mineralized zone located approximately 2.5 km southeast of the main gold zone (Figure 1). Of the 13 outcrop and float samples, six (6) samples returned values greater than 0.1% Cu and up to 1.68% Cu. Figure 1 2020-2021 sample summary of the Punch Bowl Property. Figure 2. Sample 151888 with sinuous copper mineralization, which consists of chalcopyrite-malachite ± native copper. Vertebrae Ridge: The Vertebrae Ridge Property is comprised of four claims encompassing about 5,324 ha (13,156 acres) roughly 81 kilometers northwest of Golden, BC. The exploration campaign during August 2021 resulted in the extension of known polymetallic mineralization trends, the confirmation of significant mineralization continuity at historically sampled locations and the discovery of the Canon Cu-Au Zone. The Company believes the newly discovered Canon Zone may be related to a large oval, alkaline intrusion located a short distance west of the mineralized area. 2021 Exploration Highlights: (see December 04, 2021 news release), Expanded Cu-Ag-Pb-Zn zone to at least 4,000 meters strike Crest Zone: 65 samples of rock and float samples were collected over nearly 4,000 meters strike of mineralized Copper ± Ag/Pb/Zn outcrop. Of the 65 samples: A total of 34 returned 1% Cu, and 22 samples 2% Cu. All samples averaged 2.7% Cu, the highest value is 29% Cu. A total of 22 returned 10 g/t Ag and 8 samples 30 g/t Ag. All samples averaged 16 g/t Ag and the highest value is 201 g/t Ag. Barrel Zone: Thirteen (13) copper-bearing carbonate vein samples collected over 1500+meter strike: Six (6) returned values 0.5% Cu and 3 samples 1% Cu. The samples averaged 0.87% Cu, the highest value is 5.06% Cu Cannon Zone: Twenty-six (26) samples collected over an area that is 500 meters wide by 1,100 meters strike length from a structurally controlled quartz-carbonate vein and breccia system bearing chalcopyrite-chalcocite mineralization: A total of 14 returned values 0.5% Cu and 9 samples 1% Cu. The samples averaged 1.03% Cu, with the highest value of 3.55% Cu Two (2) samples carry significant gold mineralization with 1.44 g/t Au and 4.22 g/t Au. NI 43-101 Disclosure The technical content of this news release has been reviewed and approved by Nathan Schmidt, P. Geo., Senior Geologist for Dahrouge Geological Consulting Ltd., and a Qualified Person under National Instrument 43-101, who has prepared and/or reviewed the content of this press release. About Pegasus Resources Inc. Pegasus Resources Inc. is a diversified Junior Canadian Mineral Exploration Company with a focus on uranium, gold, and base metal properties in North America. The Company is also actively pursuing the right opportunity in other resources to enhance shareholder value. For additional information, please visit the Company at www.pegasusresourcesinc.com. On Behalf of the Board of Directors: Christian Timmins President, CEO and Director Pegasus Resources Inc. 700 – 838 West Hastings Street Vancouver, BC V6C 0A6 PH: 1-403-597-3410 X: https://twitter.com/MrChris_Timmins X: https://twitter.com/pegasusresinc E: info@pegasusresourcesinc.com Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release. Forward Looking Statements Statements included in this announcement, including statements concerning the Company's plans, intentions, and expectations, which are not historical in nature are intended to be, and are hereby identified as, "forward-looking statements." Forward-looking statements may be identified by words including "anticipates," "believes," "intends," "estimates," "expects" and similar expressions. The Company cautions readers that forward-looking statements, including without limitation those relating to the Company's future operations and business prospects, are subject to certain risks and uncertainties that could cause actual results to differ materially from those indicated in the forward-looking statements. SOURCE

  • Boron One Elaborate Approval Process Update

    VICTORIA, BC / ACCESSWIRE / October 4, 2023 / Boron One Holdings Inc. ("Boron One" or the "Company") (TSXV:BONE), a company dedicated to the decarbonization of Planet Earth through the responsible utilization of its boron assets, is pleased to report that its study titled, "Geological Elaborate on Resources and Reserves for the Piskanja Boron Project" (the "Elaborate") has undergone a review by an independent commission of local mining experts (the "Commission"), who is tasked by the Serbian Mining Ministry with vetting projects which are seeking its approval for a mineral exploitation license. Review and approval of the Elaborate by the Commission is a requisite step in the exploitation licensing process. In its written decision to the Company, the Commission has requested that certain additional information be included in the study, in the form of an Annex to the Elaborate. The Company has 30 days to submit the Annex for further review. "We are pleased to be nearing the end of the vetting process for the Elaborate," said Tim Daniels, President of Boron One. "It is not unusual for the Commission to request additional data, as they have done in our case. For the most part, the additional studies and analysis requested by the Commission have already been completed as part of our feasibility study workflow. That information is now being repurposed in the Elaborate as an Annex, and will be ready for submission to the Commission shortly." Specifically, the Commission has requested the addition of a technological analysis of the minerals from the Piskanja deposit (i.e. metallurgical testing and beneficiation workflows), the impact of such metallurgical findings on the Piskanja project economics, and a modified resource calculation (if and as needed) re-classifying the economically minable tonnage (as may be impacted by any modification to the effective cutoff grades and minable thicknesses, as a result of the metallurgical work results). Lastly, the Commission requested an amended technical-economic assessment of the resource at Piskanja based on the inclusion of these obtained/calculated factors, including an updated graphic presentation of the mineral bodies. About the Piskanja Boron Project Piskanja is Boron One Holdings Inc.'s wholly owned boron deposit with a Measured Mineral Resource of 1.39 million tonnes (averaging 35.59% B2O3), an Indicated Mineral Resource of 5.48 million tonnes (averaging 34.05% B2O3), and an Inferred Mineral Resource of 284.7 thousand tonnes (averaging 39.59% B2O3), calculated in accordance with the Canadian Institute of Mining Definition Standards on Mineral Resources and Reserves (CIM Standards), as disclosed in the Company's report titled, "Technical Report and Preliminary Economic Assessment For The Piskanja Borate Project, Serbia, June 24, 2022". The responsible person for the PEA and the Mineral Resource Estimate contained within, is Prof. Miodrag Banješević PhD. P.Geo, EurGeol, a Qualified Person in accordance with the CIM Definition Standards on Mineral Resources and Reserves (CIM Standards), and independent of Boron One Holdings Inc. On behalf of the Board of Directors, Tim Daniels About Boron One Holdings Inc. (formerly known as Erin Ventures Inc.) Boron One Holdings Inc. is an international mineral exploration and development company with boron assets in Serbia. Headquartered in Victoria, B.C., Canada, Boron One's shares are traded on the TSX Venture Exchange under the symbol "BONE". For detailed information please see Boron One's website at www.boronone.com or the Company's filed documents at www.sedar.com. For further information, please contact: Blake Fallis, General Manager Phone: 1-250- 384-1999 or 1-888-289-3746 info@boronone.com www.boronone.com Boron's Public Quotations: TSX Venture: BONE Berlin: EKV US: SEC 12G3-2(B) #82-4432ERVFF OTC PINK: ERVFF Qualified Persons Nenad Rakic, EurGeol, Piskanja Project Field Manager, a qualified person as defined by NI 43-101, has reviewed the technical information that forms the basis for this news release, and has approved the disclosure herein. 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 release. For Boron One Holdings Inc. Investors Certain statements made in this press release that are not based on historical information are forward-looking statements that involve substantial known and unknown risks and uncertainties. This press release contains express or implied forward-looking statements relating to, among other things, Boron One's expectations concerning management's plans, objectives and strategies, including its plans for advancing the Company's Piskanja Project through to an exploitation license. These statements are neither promises nor guarantees but are subject to a variety of risks and uncertainties, many of which are beyond our control, and which could cause actual results to differ materially from those contemplated in these forward-looking statements. Existing and prospective investors are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. Factors that could cause actual results to differ materially from any forward-looking statement include, but are not limited to, failure to convert estimated mineral resources to reserves, capital and operating costs varying significantly from estimates, the preliminary nature of metallurgical test results, delays in obtaining or failures to obtain required governmental, environmental or other project approvals, political risks, uncertainties relating to the availability and costs of financing needed in the future, changes in equity markets, inflation, changes in exchange rates, fluctuations in commodity prices, delays in the development of projects and the other risks involved in the mineral exploration and development industry. Boron One Holdings Inc. undertakes no obligation to update or revise the information contained in this press release, whether as a result of new information, future events or circumstances or otherwise except as expressly required by applicable securities law. Further information regarding the uncertainties and risks can be found in the disclosure documents filed by Boron One with the securities regulatory authorities, available at www.sedar.com. These and other factors made in public disclosures and filings by the Company should be considered carefully. Mineral resources are not mineral reserves and do not have demonstrated economic viability. "Inferred Resources" have a great amount of uncertainty as to their existence, and economic and legal feasibility. Investors are cautioned not to assume that all or any part of an inferred mineral resource reported in this news release will ever be upgraded to a higher category or to reserves. U.S. persons are advised that while mineral resources are recognized under Canadian regulations, the U.S. Securities and Exchange Commission does not recognize them. U.S. persons are also cautioned not to assume that all or any part of an inferred mineral resource is economically or legally mineable. SOURCE

  • AI/ML's Subsidiary Receives Grant for Europe’s Largest Study on Loss Autonomy in the Elderly.

    Highlights: The clinical study, led by the University Hospital of Nice, France involves 30,000 patients. AI/ML Innovations' subsidiary, Tech2Heal, has been chosen to provide the "technological backbone" for the study. Tech2heal has been awarded a funding grant of Euro50,000 in conjunction with this study. TORONTO, ON / ACCESSWIRE / October 4, 2023 / AI/ML Innovations Inc. (the "Company") (CSE:AIML)(OTCQB:AIMLF)(FWB:42FB), a company committed to acquiring and advancing Artificial Intelligence/Machine Learning technologies that address urgent societal needs, is pleased to report that its minority-owned subsidiary, Tech2Heal SAS, is the recipient of a funding grant in the amount of Euro50,000 as a result of its participation as the technology partner in Europe's largest study for the "prevention of loss of autonomy in the elderly through the use of personalized care pathways" (the "Study"). As first reported by the Company in a press release dated March 28, 2023, Tech2Heal's Alakin Platform has been chosen as the technological backbone for the University Hospital of Nice, France (CHU) led Study, because of Alakin's ability to create digital care pathways, collect data, engage patients, report their information into a clinical dashboard, integrate local and community services in a geo-localized map, and integrate communication tools. Ultimately, because Alakin is a "no-code configurable platform", it empowers CHU to readily create a completely customized, complex, and intelligent, large-scale clinical trial by configuring Alakin to match CHU's exacting parameters. CHU is conducting the Study in conjunction with ten research laboratories from various fields such as public health, sociology, social and cognitive psychology, physiology, biology, and geography, and will be following a cohort of 30,000 elderly patients for 5 years. Background of the CHU Study This highly ambitious project, at the interface of health, innovation and research, aims to make the Nice Côte d'Azur metropolitan area, in conjunction with the University and CHU, a unique territory for experimentation and innovation in the prevention of loss of autonomy. The aim of this participatory science project is to involve 30,000 elderly people over the next 5 years in personalized prevention programs, while enabling companies and researchers to test innovative solutions in this field. Led by Prof. Zory and Prof. Guerin, the ambition of this project is to shed light, through the production of new and original knowledge, on the issue of accessibility, commitment and effectiveness of programs to prevent loss of autonomy. The project will also focus on the consequences of environmental exposures on loss of autonomy, the empowerment of the elderly in their care, the use of digital solutions to optimize the match between resources and needs, and the individualization of prevention by taking into account social, cultural, economic and environmental factors. The project will put participants at the heart of prevention by offering them personalized prevention paths, and by creating a community of users who will participate in the development and evaluation of the project. An individualized 12-week program will be offered, with digital, videoconference or face-to-face interventions. Participants will be reassessed after the course and monitored for a year. A digital platform will be used to communicate with participants and collect data. The project is ambitious in terms of its interdisciplinary structure and immediate societal impact. The aim is to include 5,000 patients over 60 who are geographically, socially or digitally isolated from the healthcare system, and more specifically from prevention programs. The project involves ten research laboratories covering various fields such as public health, sociology, social and cognitive psychology, physiology, biology and geography. About Tech2heal https://www.tech2heal.com/ Tech2heal's Alakin Digital Health Platform is at the forefront of transforming healthcare delivery, empowering healthcare professionals, researchers, and institutions with advanced tools and automation. The platform's AI-powered capabilities facilitate a shift towards patient-centered care, improving outcomes and alleviating the global scarcity of healthcare professionals. About AI/ML Innovations Inc. https://aiml-innovations.com/ AI/ML Innovations Inc. has realigned its business operations to capitalize on the burgeoning fields of artificial intelligence (AI) and machine learning (ML), with an initial investment focus on emerging digital health and wellbeing companies that leverage AI, ML, cloud computing and digital platforms to drive transformative healthcare management solutions and precision support delivery across the health continuum. Through strategic partnerships with Health Gauge (95.2% owned by AIML), Tech2Heal (up to 22% ownership rights, with 12.44% currently owned by AIML), AI Rx Inc. (70% owned by AIML) and other planned accretive investments, the Company continues to capitalize on expanding growth areas, to the benefit of all the Company's stakeholders. AI/ML's shares are traded on the Canadian Securities Exchange under the symbol "AIML", the OTCQB Venture Market under "AIMLF", and the Frankfurt Stock Exchange under "42FB". On behalf of the Board of Directors Tim Daniels, Executive Chairman For more information about AI/ML Innovations: For detailed information please see AI/ML's website or the Company's filed documents at www.sedar.com. For further information, contact: Blake Fallis at (778) 405-0882 or info@aiml-innovations.com. Neither the CSE nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release. For AI/ML Innovations Investors Certain statements made in this press release that are not based on historical information are forward-looking statements that involve substantial known and unknown risks and uncertainties. This press release contains express or implied forward-looking statements relating to, among other things, AI/ML Innovations' expectations concerning management's plans, objectives and strategies, including strategies for defending the Company's intellectual property. These statements are neither promises nor guarantees but are subject to a variety of risks and uncertainties, many of which are beyond our control, which could cause actual results to differ materially from those contemplated in these forward-looking statements. Existing and prospective investors are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. AI/ML Innovations Inc. undertakes no obligation to update or revise the information contained in this press release, whether as a result of new information, future events or circumstances or otherwise except as expressly required by applicable securities law. Further information regarding the uncertainties and risks can be found in the disclosure documents filed by AI/ML with the securities regulatory authorities, available at www.sedar.com. SOURCE

  • Update on Sixty North Gold's Mon Property, Yellowknife, NWT

    Vancouver, British Columbia--(Newsfile Corp. - October 3, 2023) - Sixty North Gold Mining Ltd. (CSE: SXTY) (FSE: 2F4) (OTC Pink: SXNTF) (the "Company" or "Sixty North Gold") provides an update on its wholly-owned Mon Property. Planned underground mining activities were not initiated this summer due to aggressive wildfires in proximity to the Mon Mine site. Crews were on standby until late June when it became apparent that wildfires were rapidly approaching the mine site. The ZF012-23 wildfire swept through the property in August. Fortunately, all mining equipment, plus shops, generators, compressors, fuel tanks and explosives magazines survived untouched however, the camp and some ancillary pieces of equipment were damaged. In September 2023 Dave Webb, CEO and an insurance adjuster visited the site to appraise the damage, documenting items for replacement and matching these against our policy. We are now preparing for a temporary camp to be installed to allow for a clean-up using our mine truck, loaders and bulldozer, and to prepare the camp site for replacement units to come in. We have examined and received proposals for five different camp alternatives and have provided this information to the insurance adjuster. We are planning to use our temporary camp once the clean-up is complete for subsequent work until a replacement camp is brought in. Planned work includes a diamond drill program testing our Volcanogenic Massive Sulphide (VMS) targets as discussed below. Sixty North Gold has been developing its 100%-owned Mon Gold Property within the rich Yellowknife Gold Camp, NWT. This high-grade past producer averaged an estimated 30 gpt gold and produced an estimated 15,000 ounces of gold from a folded quartz vein from 15 vertical meters. Other targets on the property include the Nelson Lake VMS zone. This includes eight geophysical targets where outcropping stratiform sulphide mineralization was identified within favourable intermediate to felsic volcanic flows, tuffs and affiliated epiclastic rocks. A VTEMTM plus (Versatile Time Domain Electromagnetic) survey outlines these zones well, and four targets have been further modeled by Mira Geosciences. North Target has disseminated, semi-massive and massive sulphides exposed on surface and in trenches over 120 meters of strike length and up to 1.0 meters in width. Trenches on this target grade up to 203 gpt silver, 1.0 gpt gold, 0.59% lead, and 0.96% zinc over 0.45 m (see NR October 17, 2019). East Target is a strong conductor 250 m long and up to 24 m thick, topping 80 m below surface with a sequence of abundant quartz porphyry lavas, crystal and crystal-lithic tuffs and hypabyssal intrusions. A subtle magnetic anomaly is associated with this target. West Target is a strong conductor without any associated magnetic anomaly, 200m long and up to 30 m thick located lower in the sequence within a mixed pelitic and felsic and intermediate volcanic rocks. South Target is a very strong conductor 175 m long with a very strongly conductive segment 60 m long and up to 30 m thick with a local magnetic anomaly associated with the unit. It is hosted within a sequence of mixed pelitic and felsic and intermediate volcanic rocks at the contact with an underlying sequence of quartz porphyry lavas, crystal, and crystal-lithic tuffs. Drill permits are in place and work can commence after the temporary camp is installed and clean-up is completed. Figure 1. Isometric image of the four principal VMS targets looking north showing conductivity blocks on base map by Jackson V., (1998). To view an enhanced version of this graphic, please visit: https://images.newsfilecorp.com/files/5873/182709_942732c9d4c908fe_001full.jpg About the Company The Company is developing mining operations for gold on the Mon Gold Property, 40 km north of Yellowknife, NWT. Past production extracted 15,000 tonnes of ore to depths of only 15 m below surface, recovering an estimated 15,000 ounces of gold. The North Ramp has been reopened and has been extended to within 60 m of the target portion of the vein. The Company plans to extend the ramp to where some high-grade historic holes intersected the vein beneath the previously mined stopes. The plan is to install cross-cuts and raises within the vein to extract and stockpile the vein material on surface. Upon confirmation of the grade and tonnage, a permitted mill will be brought in to process this and ongoing mined material. The property also hosts an outcropping precious-metals rich VMS showing and has four modeled geophysical targets along strike within felsic tuffs, lithic and lapilli tuffs. These are currently being planned for drilling. The Mon Gold Property mining leases and mineral claims are located 45 km north of the City of Yellowknife, NWT. For more information, please refer to the Company's public filings available on SEDAR (www.sedar.com), under the Company's profile. ON BEHALF OF THE BOARD OF DIRECTORS "Dave Webb" Dave Webb, President & CEO For further information, please contact: Dave Webb Tel.: 604 818-1400 Email: dave@drwgcl.com Website: www.sixtynorthgold.com Statements about the Company's future expectations and all other statements in this press release other than historical facts are "forward looking statements". Such forward-looking statements are based on numerous assumptions, and involve known and unknown risks, uncertainties and other factors, including risks inherent in mineral exploration and development, which may cause the actual results, performance, or achievements of the Company to be materially different from any projected future results, performance, or achievements expressed or implied by such forward-looking statements. Further details about the risks applicable to the Company are contained in the Company's public filings available on SEDAR (www.sedar.com), under the Company's profile. THE CANADIAN SECURITIES EXCHANGE HAS NOT APPROVED NOR DISAPPROVED THE CONTENT OF THIS PRESS RELEASE. SOURCE

  • AI/ML Innovations Inc. Announces Investor Relations Appointment

    TORONTO, ON / ACCESSWIRE / September 29, 2023 / AI/ML Innovations Inc. (the "Company") (CSE:AIML)(OTCQB:AIMLF)(FWB:42FB) is pleased to announce that the Company has entered into a Marketing Services Agreement dated September 22, 2023 (the "Agreement") with Octagon Media Corp. ("Octagon"), whereby Octagon will attend to meeting with management, dissemination of AIML press releases and/or AIML-generated and approved analysis, marketing and other materials, via Octagon's media site [the Wall Street Reporter, found at www.wallstreetreporter.com] and other public media sites. The Agreement is valid until March 25, 2024. The Services are to be provided by Octagon Media Corp., a company having a head office located at 7836 West Sahara Boulevard, Las Vegas, NV 89117. The individual providing the Services on behalf of Octagon is Jack Marks, and he is located at 7836 West Sahara Boulevard, Las Vegas, NV 89117. Mr. Marks can be reached by telephone at (212) 871-2057 or by email at jm@wallstreetreporter.com. To the knowledge of the Company, Octagon and its affiliates currently own 1,800,000 common shares of the Company. The total compensation payable to the Service Providers pursuant to the Agreement is as follows: USD $125,000 total cash compensation to be paid in two installments: Installment 1: $62,500 payment on September 25, 2023; Installment 2: USD $62,500 due and payable on December 27, 2023. 300,000 Share Purchase Options exercisable at $0.20 per share until September 25, 2024. For more information, please contact: Blake Fallis (778) 405-0882 or info@aiml-innovations.com For detailed information please see the Company's website at https://aiml-innovations.com/ or the Company's filed documents at www.sedar.com. About AI/ML Innovations Inc. AI/ML Innovations Inc. has realigned its business operations to capitalize on the burgeoning fields of artificial intelligence (AI) and machine learning (ML), with an initial investment focus on emerging digital health and wellbeing companies that leverage AI, ML, cloud computing and digital platforms to drive transformative healthcare management solutions and precision support delivery across the health continuum. Through strategic partnerships with Health Gauge (70% owned by AIML), Tech2Heal (up to 22% ownership rights, with 9.44% currently owned), AI Rx Inc. (70% owned by AIML) and other planned accretive investments, the Company continues to capitalize on expanding growth areas, to the benefit of all the Company's stakeholders. The Company's shares are traded on the Canadian Securities Exchange under the symbol "AIML", the OTCQB Venture Market under "AIMLF", and the Frankfurt Stock Exchange under "42FB". Neither the CSE nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release. Certain statements in this news release are "forward-looking statements", which reflect management's expectations regarding the timing of the filing of the Required Documents. All statements other than statements of historical fact contained in this news release are forward looking statements. Such forward-looking statements involve risks and uncertainties, as they reflect management's current beliefs and are based on information currently available to management. Actual results may differ materially from those anticipated in the statements made. The forward-looking statements are expressly qualified in their entirety by this cautionary statement. The forward-looking statements are made as of the date of this news release and AI/ML assumes no obligation to update or revise them to reflect new events or circumstances except as expressly required by applicable securities law. Further information regarding the uncertainties and risks can be found in the disclosure documents filed by AI/ML with the securities regulatory authorities, available at www.sedar.com. SOURCE

  • Boron One Announces First Closing of Financing

    VICTORIA, BC / ACCESSWIRE / September 27, 2023 / Boron One Holdings Inc. ("Boron One" or the "Company") (TSXV:BONE) is pleased to announce that the Company has accepted subscriptions for 9,140,000 units at a price of $0.05 per unit, for gross proceeds of $457,000. Each unit is comprised of one common share and one 18 month share purchase warrant. Each warrant is exercisable at $0.07 in the first six months and $0.12 for the remaining 12 months. The Company has the option to accelerate the expiry date if the stock trades at $0.15 for 10 trading days during the first six months, and trades at $0.25 during the next twelve months. An insider of the Company subscribed for an aggregate of 600,000 common share units of the Company. The Company has relied on the exemptions from the valuation and minority shareholder approval requirements of MI 61-101 contained in sections 5.5(b) and 5.7(a) of MI 61-101 in respect of such insider participation. Securities issued on this closing will be subject to a statutory hold period until January 28, 2024. The Company paid finder's fees to qualified finders of $13,835.85. The Company intends to use the net proceeds of the Offering for general working capital. On behalf of the Board of Directors, Tim Daniels, President About Boron One Holdings Inc. Boron One Holdings Inc. is an international mineral exploration and development company with boron assets in Serbia. Headquartered in Victoria, B.C., Canada, Boron One's shares are traded on the TSX Venture Exchange under the symbol "BONE". For detailed information please see Boron One's website at www.boronone.com or the Company's filed documents at www.sedar.com. For further information, please contact: Boron One Holdings Inc. Blake Fallis, General Manager Phone: 1-250- 384-1999 or 1-888-289-3746 info@boronone.com www.boronone.com Boron's Public Quotations: TSX Venture: BONE Berlin: EKV US: SEC 12G3-2(B) #82-4432ERVFF OTC PINK: ERVFF 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 release. SOURCE

  • Visionstate Advances IoT Technology Deployment Globally

    Edmonton, Alberta – September 21, 2023 – Visionstate Corp. (TSXV:VIS) (“Visionstate” or the “Company”), a leading innovator in IoT technology for the facility management industry, is proud to announce significant advancements in its global expansion efforts. With a strong focus on enhancing facility management practices, Visionstate IoT Inc., the company’s main operating division, continues to make strides in improving operational efficiency and cleanliness in various sectors. Major Deployment in Canada Visionstate IoT has embarked on a major deployment project in collaboration with one of the largest universities in Canada. To date, the company has successfully completed installations in five buildings, with 12 more buildings slated for deployment. This landmark project showcases Visionstate's commitment to revolutionizing facility management across academic institutions, ensuring a safe and productive environment for students and staff. International Trials in the UK and Australia In London, UK, Visionstate is conducting a trial of its cutting-edge IoT technology at the head office of a prominent global ride-sharing company. This initiative aims to demonstrate the capabilities of Visionstate's solutions in optimizing workspace cleanliness and maintenance protocols within corporate environments. Meanwhile, Visionstate has successfully completed an installation in Australia, marking its initial foray into this burgeoning market. The company is excited about the prospects of expanding its footprint and delivering its innovative solutions to organizations across the Australian continent. Expanding Presence in the US In the United States, Visionstate IoT is aggressively expanding its presence and forging key partnerships. The company is currently working with partners to deploy its flagship product, Wanda, in a prominent restaurant chain. Visionstate will also be a prominent presence at key industry tradeshows across the US over the next 12 months, aiming to solidify its position as a frontrunner in facility management technology within the US market. Global Partnership and Strategic Initiatives Visionstate is actively working towards concluding a comprehensive contract with its global partner, which will encompass Canada and specific territories internationally. This strategic partnership is expected to elevate Visionstate's reach and influence in the global facility management arena. Enhanced Marketing and Online Presence Over the next quarter, Visionstate will intensify its efforts to expand its social media presence for Wanda, engaging with a wider audience and sharing valuable insights on facility management best practices. The company is also set to launch a targeted marketing campaign in the US, aimed at raising awareness about its innovative solutions. In addition, Visionstate will unveil a new website that will better represent its products and capabilities, making it easier for potential customers to explore the benefits of its cutting-edge technology. Wanda, Visionstate's flagship facility management tool, is designed to meticulously track cleaning and maintenance protocols, ensuring optimal cleanliness and operational efficiency in various industries. "We are excited about the rapid expansion of our IoT technology solutions worldwide," said Shannon Moore, President of Visionstate IoT Inc. "Our commitment to enhancing facility management practices continues to drive us forward, and we look forward to delivering our innovative solutions to more organizations, helping them achieve excellence in cleanliness and efficiency." About Visionstate Corp. Visionstate Corp. (TSXV: VIS) is a growth-oriented company that invests in the research and development of promising new technology in the realm of the Internet of Things, big data and analytics, and sustainability. Visionstate IoT Inc. is a wholly-owned subsidiary of Visionstate Corp. Through Visionstate IoT Inc., it helps businesses improve operational efficiencies, reduce costs, and elevate customer satisfaction with its state-of-the-art devices that track and monitor guest activities and requests. The footprint of its WANDA™ smart device now extends to hospitals, airports, shopping centres, and other public facilities across and beyond North America. Through building up a collection of synergistic technologies, Visionstate Corp. will continue to innovate, reduce environmental impact, and transform consumer experiences. Issued on behalf of the Board of Directors, “John A. Putters” Visionstate Corp. To learn more, please contact: Visionstate IoT Inc. Shannon Moore, President Email: shannon@visionstate.com Tel: 780-425-9460 CHF Capital Markets Kathy Chapman Email: kc@chfir.com Tel: 416-868-1079 x 234 Twitter: @visionstate Facebook: @visionstate LinkedIn: Visionstate Corp. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release. Forward-Looking Statements Certain information set forth in this material may contain forward-looking statements that involve substantial known and unknown risks and uncertainties. All statements other than statements of historical fact are forward-looking statements, including, without limitation, statements regarding future financial position, business strategy, use of proceeds, corporate vision, proposed acquisitions, partnerships, joint-ventures and strategic alliances and co-operations, budgets, cost and plans and objectives of or involving the Company. Such forward-looking information reflects management's current beliefs and is based on information currently available to management. Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "predicts", "intends", "targets", "aims", "anticipates" or "believes" or variations (including negative variations) of such words and phrases or may be identified by statements to the effect that certain actions "may", "could", "should", "would", "might" or "will" be taken, occur or be achieved. A number of known and unknown risks, uncertainties and other factors may cause the actual results or performance to materially differ from any future results or performance expressed or implied by the forward-looking information. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of the Company including, but not limited to, the impact of general economic conditions, industry conditions and dependence upon regulatory approvals. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements. The Company does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by securities laws. SOURCE

  • Forum Extends Uranium Mineralization for 200 Metres at Tatiggaq, Thelon Basin Project

    Vancouver, British Columbia--(Newsfile Corp. - September 26, 2023) - Forum Energy Metals Corp. (TSXV: FMC) (OTCQB: FDCFF) ("Forum" or the "Company") announces assay results extending uranium mineralization for 200 metres to the southwest on the Tatiggaq zone at its Thelon Basin uranium project located 100 km west of the Hamlet of Baker Lake, Nunavut. Forum holds a 100% interest in 95,500 hectares of ground adjacent to Orano's 133 million pound Kiggavik uranium project*. Forum has received assay results from a second drill hole on the Tatiggaq zone, located five kilometres west of Orano's 93 million pound Andrew Lake and End uranium deposits (Figure1). HIGHLIGHTS TAT23-003 intersects high-grade uranium mineralization in a 200 m step out from TAT23-001/002 (see news release dated September 12, 2023) TAT23-003 (West Zone) intersects 0.40% U3O8 over 12.8 m (136.0 - 148.8 m) including 1.10% U3O8 over 0.8 m (136.0 - 136.8 m) including 1.08% U3O8 over 1.3 m (143.8 - 145.1 m) Entire mineralized zone is 0.28% U3O8 over 24.6 m (129.5 - 154.1 m) in what is interpreted as multiple uranium lenses within a wide fault zone. Dr. Rebecca Hunter, Forum's VP, Exploration stated, "Forum's latest Tatiggaq drill result 200 metres southwest of our first hole of the program shows the significant strike length and uranium mineralization potential of the Tatiggaq deposit. The main takeaway from this hole is the widths and grades intersected at the West zone demonstrate continuity along strike. The mineralization is open along strike to both the southwest and northeast towards Tatiggaq Main. Our drilling continues to demonstrate that the Tatiggaq area could host a major basement-hosted unconformity deposit." Tatiggaq Figure 1 shows the main east-northeast structures (Thelon and Judge Sissons faults) as well as the numerous, sub-parallel subsidiary east-northeast structures interpreted to control uranium mineralization on Orano's and Forum's property. Figure 2 is a plan map of the Tatiggaq gravity anomaly and drill area. TAT23-003 was designed to target the Tatiggaq West zone to infill and extend the mineralization identified from the widely spaced historical drill holes. This hole confirmed the presence of steep-dipping, high-grade sub-parallel uranium lenses present over 200 m along trend of the Tatiggaq Main mineralization. The full intercept has a significant thickness of 24.6 metres. This single test hole requires additional drilling to the northwest and southeast to fully determine the full extent of the uranium mineralization. TAT23-003 (West Zone) intersected 0.40% U3O8 over 12.8 m (136.0 - 148.8 m) including: 1.10% U3O8 over 0.8 m (136.0 - 136.8 m), and 1.08% U3O8 over 1.3 m (143.8 - 145.1 m) Figure 3 shows drill core from the TAT23-003 mineralized section. The uranium mineralization is present along steep-dipping fracture and breccia zones in distinct high-grade lenses and is hosted within alternating reduced gray sulphide-altered zones and oxidized hematite-altered zones. Tatiggaq Interpretation Mineralization within the Tatiggaq deposit consists of two zones - the Main and West Zones and is located at depths between 80 and 180 m. The mineralization is hosted in a series of high-grade subparallel, steep, south-dipping fault zones that sit within a 50 m wide area. Individual high-grade mineralized structures are up to 10 m in width. The strike extent of the Main Zone is at least 60 m but is open to the northeast and the West Zone is now 150 m in strike length and is open to the southwest. Further delineation is required between the two zones to determine if they are connected. In addition, the entire 0.7 km wide by 1.5 km long Tatiggaq gravity anomaly remains open for additional uranium mineralization both along strike of the known zones but also along numerous sub-parallel fault zones to the north and south of the main Tatiggaq trend. Table 1 and Table 2 show the drill and assay data respectively. Table 1 2023 Drill Hole Data. UTM collar coordinates are in datum WGS84 Zn 14N. Table 2 - U3O8 assay results for TUR23-003 using a 0.01% cutoff. *Source: Areva Resources Canada Inc., The Kiggavik Project, Project Proposal, November 2008 and Kiggavik Popular Summary, April, 2012 submission to the Nunavut Impact Review Board. Quality Assurance/Quality Control Geochemical analysis was conducted at the Saskatchewan Research Council Geoanalytical Laboratory in Saskatoon, Saskatchewan. Systematic 10 cm split (basement) and 10 m chip composite samples (sandstone) were analysed using ICP-MS Exploration Package for sandstone and basement rocks (ICP-MS1 and 2). Assay samples were analysed using the ICP-OES package (ICP1) with the addition of the U3O8 wt% assay analysis. Mineralized samples were split into half core samples ranging from 10 to 50 cm in thickness except shoulder regions were locally up to 90 cm and all samples were grouped based on similar radioactivity using a hand-held scintillometer. Duplicates were taken every 20 m and were within acceptable limits for field rock samples. Rebecca Hunter, PhD., P.Geo., Forum's Vice President of Exploration and Qualified Person under National Instrument 43-101, has reviewed and approved the contents of this news release Figure 1 The Thelon Basin is a geologic analogue to the Athabasca Basin in Saskatchewan. Orano's uranium deposits are along the same controlling structures as Forum's Tatiggaq deposit and over 20 other targets are present within the project, which could host additional uranium deposits similar to the Athabasca Basin. To view an enhanced version of this graphic, please visit: https://images.newsfilecorp.com/files/4908/181870_136b331ee4133838_003full.jpg Figure 2 The Tatiggaq gravity anomaly showing the location of the Tatiggaq West and Main zones, historical drilling and the 2023 drill holes. Several of the historical drill holes have anomalous uranium values that require follow-up drilling. Inset Map: close-up of 2023 drilling. To view an enhanced version of this graphic, please visit: https://images.newsfilecorp.com/files/4908/181870_136b331ee4133838_004full.jpg Figure 3 TAT23-003 drill core from the mineralized section (135.3 to 155.9 m). Scintillometer readings are written on the core boxes in counts per second and were measured using a digital, hand-held CT-007M scintillometer by Environmental Instruments Canada Inc. To view an enhanced version of this graphic, please visit: https://images.newsfilecorp.com/files/4908/181870_136b331ee4133838_005full.jpg About Forum Energy Metals Forum Energy Metals Corp. (TSXV: FMC) (OTCQB: FDCFF) is focused on uranium exploration in Canada. Forum holds interests in 76,421 hectares in the Athabasca Basin, Saskatchewan and 95,519 hectares in the Thelon Basin, Nunavut, a geologic analogue to the Athabasca for high grade, unconformity-related uranium deposits. In addition, Forum holds a strategic portfolio of energy metal projects - copper, nickel, PGM, zinc and cobalt in Saskatchewan and Idaho. For further information: https://www.forumenergymetals.com. This press release contains forward-looking statements. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause Forum's actual results, level of activity, performance or achievements to be materially different from those expressed or implied by such forward-looking information. Such factors include but are not limited to: uncertainties related to the historical data, the work expenditure commitments; the ability to raise sufficient capital to fund future exploration or development programs; changes in economic conditions or financial markets; changes commodity prices, litigation, legislative, environmental and other judicial, regulatory, political and competitive developments; technological or operational difficulties or an inability to obtain permits required in connection with maintaining or advancing its exploration projects. ON BEHALF OF THE BOARD OF DIRECTORS Richard J. Mazur, P.Geo. President & CEO 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 release. For further information contact: Rick Mazur, P.Geo., President & CEO mazur@forumenergymetals.com Tel: 604-630-1585 SOURCE

  • Boron One Holdings Inc. Reports Completion of a Feasibility Study

    VICTORIA, BC / ACCESSWIRE / September 25, 2023 / Boron One Holdings Inc. ("Boron One" or the "Company") (TSXV:BONE), a company dedicated to the decarbonization of Planet Earth through the responsible utilization of its boron assets, is pleased to report that an independently authored Feasibility Study for the Company's Piskanja Boron Project (the "Feasibility Study") has been completed, and is ready for submission to the Serbian Mining Ministry in compliance with the terms of the Company's exploration license. Submission of the Feasibility Study, which has been drafted in accordance with Serbian mining regulations, will fulfill the Company's second and final obligation in the mineral exploitation license approval process. The Company is awaiting completion of the vetting process of its Geological Elaborate by the Serbian Mining Ministry's independent Mining Commission, as the mandatory first step in the exploitation license approval process. As previously reported by the Company, approval of a Geological Elaborate results in the issuance of a Certificate of Reserves by the Mining Ministry. Upon receipt of the Certificate of Reserves, it is included with the Feasibility Study as a requisite part of the Feasibility Study submission process. A Serbian compliant feasibility study is of similar scope, scale and confidence level as a CIM (Canadian Institute of Mining, Metallurgy and Petroleum Standards on Mineral Resources and Reserves) compliant pre-feasibility study. The Piskanja Boron Feasibility Study defines the optimal development scenario for an underground mine, product beneficiation circuits, plant site, infrastructure, environmental safety, and a closure plan. The Feasibility Study includes an analysis of all aspects of the project, and incorporates data from several external studies, including the Company's Geological Elaborate, metallurgical testing, 3D resource modeling, and others. The Feasibility Study was authored by an independent, experienced mining engineering institute, located in Serbia. About the Piskanja Boron Project Piskanja is Boron One Holdings Inc.'s wholly owned boron deposit with a Measured Mineral Resource of 1.39 million tonnes (averaging 35.59% B2O3), an Indicated Mineral Resource of 5.48 million tonnes (averaging 34.05% B2O3), and an Inferred Mineral Resource of 284.7 thousand tonnes (averaging 39.59% B2O3), calculated in accordance with the Canadian Institute of Mining Definition Standards on Mineral Resources and Reserves (CIM Standards), as disclosed in the Company's report titled, "Technical Report and Preliminary Economic Assessment For The Piskanja Borate Project, Serbia, June 24, 2022". The responsible person for the PEA and the Mineral Resource Estimate contained within, is Prof. Miodrag Banješević PhD. P.Geo, EurGeol, a Qualified Person in accordance with the CIM Definition Standards on Mineral Resources and Reserves (CIM Standards), and independent of Boron One Holdings Inc. On behalf of the Board of Directors, Tim Daniels About Boron One Holdings Inc. (formerly known as Erin Ventures Inc.) Boron One Holdings Inc. is an international mineral exploration and development company with boron assets in Serbia. Headquartered in Victoria, B.C., Canada, Boron One's shares are traded on the TSX Venture Exchange under the symbol "BONE". For detailed information please see Boron One's website at www.boronone.com or the Company's filed documents at www.sedar.com. For further information, please contact: Blake Fallis, General Manager Phone: 1-250- 384-1999 or 1-888-289-3746 info@boronone.com www.boronone.com Boron's Public Quotations TSX Venture: BONE Berlin: EKV US: SEC 12G3-2(B) #82-4432ERVFF OTCBB: ERVFF Qualified Persons Nenad Rakic, EurGeol, Piskanja Project Field Manager, a qualified person as defined by NI 43-101, has reviewed the technical information that forms the basis for this news release, and has approved the disclosure herein. 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 release. For Boron One Holdings Inc. Investors Certain statements made in this press release that are not based on historical information are forward-looking statements that involve substantial known and unknown risks and uncertainties. This press release contains express or implied forward-looking statements relating to, among other things, Boron One's expectations concerning management's plans, objectives and strategies, including its plans for advancing the Company's Piskanja Project through to an exploitation license. These statements are neither promises nor guarantees but are subject to a variety of risks and uncertainties, many of which are beyond our control, and which could cause actual results to differ materially from those contemplated in these forward-looking statements. Existing and prospective investors are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. Factors that could cause actual results to differ materially from any forward-looking statement include, but are not limited to, failure to convert estimated mineral resources to reserves, capital and operating costs varying significantly from estimates, the preliminary nature of metallurgical test results, delays in obtaining or failures to obtain required governmental, environmental or other project approvals, political risks, uncertainties relating to the availability and costs of financing needed in the future, changes in equity markets, inflation, changes in exchange rates, fluctuations in commodity prices, delays in the development of projects and the other risks involved in the mineral exploration and development industry. Boron One Holdings Inc. undertakes no obligation to update or revise the information contained in this press release, whether as a result of new information, future events or circumstances or otherwise except as expressly required by applicable securities law. Further information regarding the uncertainties and risks can be found in the disclosure documents filed by Boron One with the securities regulatory authorities, available at www.sedar.com. These and other factors made in public disclosures and filings by the Company should be considered carefully. Mineral resources are not mineral reserves and do not have demonstrated economic viability. "Inferred Resources" have a great amount of uncertainty as to their existence, and economic and legal feasibility. Investors are cautioned not to assume that all or any part of an inferred mineral resource reported in this news release will ever be upgraded to a higher category or to reserves. U.S. persons are advised that while mineral resources are recognized under Canadian regulations, the U.S. Securities and Exchange Commission does not recognize them. U.S. persons are also cautioned not to assume that all or any part of an inferred mineral resource is economically or legally mineable. SOURCE

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