World Energy Day on October 22: Is Germany the European energy-saving champion?

Is Germany the European energy-saving champion? According to a survey by E.ON and KantarEMNID, at least 14 percent of Germans believe so, but the reality is rather different. Of the ten European countries covered in the survey, Romania takes first place with a primary energy consumption of 18,515 kilowatt hours (kWh) per head each year.

Second and third places go to Turkey and Hungary, with an annual consumption of 19,271 and 28,296 kWh, respectively. Those questioned in the survey believed – entirely incorrectly – that these places would go to Denmark (16 percent) and Germany (11 percent).

They also placed Hungary – which in reality comes in third – in last place with just one percent. Only two percent of those surveyed thought that Romania, which actually uses the least energy, was Europe’s energy-saving champion.

All those questioned believed the title should go to a nation in the north of the continent. On average, across all the countries in the survey, 26 percent believe Sweden is the best at saving energy, hence it was placed top in nine out of ten countries among those questioned by E.ON and KantarEMNID – who were therefore entirely wrong. Incidentally, the Danes are the only ones to be firmly convinced – likewise incorrectly – that their own nation takes the title, with a total of 34 percent.

These results are part of the “Living in Europe” study, for which E.ON and KantarEMNID questioned around 10,000 people in the Czech Republic, Denmark, France, Germany, Hungary, Italy, Romania, Sweden, Turkey and the UK. The energy consumption figures are based on the World Bank’s World Development Indicators (2015), published by the Federal Statistical Office.

This press release may contain forward-looking statements based on current assumptions and forecasts made by E.ON Group Management and other information currently available to E.ON. Various known and unknown risks, uncertainties, and other factors could lead to material differences between the actual future results, financial situation, development or performance of the company and the estimates given here. E.ON SE does not intend, and does not assume any liability whatsoever, to update these forward-looking statements or to align them to future events or developments.

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First Cobalt Files Technical Report for Iron Creek Cobalt Project

First Cobalt Corp. (TSX-V: FCC; ASX: FCC; OTCQX: FTSSF) (the “Company” – is pleased to announce the filing of a technical report supporting the maiden resource estimate for its 100% owned Iron Creek Project in Idaho, USA, originally announced September 26, 2018.

Highlights from the Report

  • Inferred mineral resources of 29.6 million tons (26.9 million tonnes) grading 0.11% cobalt equivalent (0.08% cobalt and 0.30% copper) under a base case scenario pit constrained and deeper mineral resource. An alternative underground-only scenario results in 4.9 million tons (4.4 million tonnes) grading 0.30% cobalt equivalent (0.23% cobalt and 0.69% copper)
  • Resource contains 45 million pounds (20,411 tonnes) of cobalt and 175 million pounds (79,379 tonnes) of copper for 62.9 million pounds (28,528 tonnes) of cobalt equivalent
  • Mineralized zones are considered to be open along strike and at depth, with true widths between 10m and 30m
  • Preliminary metallurgical testing concludes that simple flotation methods are applicable, yielding recoveries of 96% for cobalt and 95% for copper in rougher floatation
  • Drilling ongoing for an updated resource estimate planned for early 2019

Trent Mell, President & Chief Executive Officer, commented:

“Our flagship asset in Idaho, USA continues to grow to the east, west and at depth. Primary cobalt deposits are rare worldwide and we have the added benefit of 600 metres of underground development and mining patents across much of our land package. Drilling is ongoing to test mineralization along the strike length from 450 metres to over 900 metres, while also systematically testing depth extensions from 150 metres to over 300 metres. These new drilling results will support an updated resource estimate in early 2019. Unlike most cobalt deposits in North America, cobalt at Iron Creek is associated with pyrite rather than arsenic-bearing minerals, which could offer processing and offtake advantages.

The technical report, entitled "Technical Report and Estimate of Mineral Resources for the Iron Creek Cobalt Project, Lemhi County, Idaho, USA" dated October 15, 2018 and effective September 18, 2018, was prepared in accordance with National Instrument 43-101 – "Standards of Disclosure for Mineral Projects" by Steven J. Ristorcelli, C.P.G., P.G., of Mine Development Associates and Joseph Schlitt, MMSA QP, of McClelland Laboratories Inc., each independent "qualified persons" for the purposes of NI 43-101. A copy of the Technical Report is available under the Company’s profile on and on the Company’s website at

Qualified and Competent Person Statement

Dr. Frank Santaguida, P.Geo., is the Qualified Person who has reviewed and approved this news release. Dr. Santaguida is also a Competent Person (as defined in the JORC Code, 2012 edition) who is a practicing member of the Association of Professional Geologists of Ontario (being a ‘Recognised Professional Organisation’ for the purposes of the ASX Listing Rules). Dr. Santaguida is employed on a full-time basis as Vice President, Exploration for First Cobalt. He has sufficient experience that is relevant to the activity being undertaken to qualify as a Competent Person as defined in the JORC Code. The term “Competent Person” is not recognized by Canadian securities regulatory authorities, and the term is used by the Company with reference to the JORC Code, and to ensure compliance with the ASX Listing Rules and applicable reporting requirements in Australia.

About First Cobalt

First Cobalt a North American pure-play cobalt company with three significant assets: the Iron Creek Project in Idaho, with Inferred mineral resources of 26.9 million tonnes grading 0.11% cobalt equivalent; the Canadian Cobalt Camp exploration project and the only permitted cobalt refinery in North America capable of producing battery materials.

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.

Cautionary Note Regarding Forward-Looking Statements

This news release may contain forward-looking statements and forward-looking information (together, “forward-looking statements”) within the meaning of applicable securities laws and the United States Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical facts, are forward-looking statements. Generally, forward-looking statements can be identified by the use of terminology such as “plans”, “expects‘, “estimates”, “intends”, “anticipates”, “believes” or variations of such words, or statements that certain actions, events or results “may”, “could”, “would”, “might”, “occur” or “be achieved”. Forward-looking statements involve risks, uncertainties and other factors that could cause actual results, performance and opportunities to differ materially from those implied by such forward-looking statements. Factors that could cause actual results to differ materially from these forward-looking statements are set forth in the management discussion and analysis and other disclosures of risk factors for First Cobalt, filed on SEDAR at Although First Cobalt believes that the information and assumptions used in preparing the forward-looking statements are reasonable, undue reliance should not be placed on these statements, which only apply as of the date of this news release, and no assurance can be given that such events will occur in the disclosed times frames or at all. Except where required by applicable law, First Cobalt disclaims any intention or obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.

Cautionary Note to Investors – Resource Estimates

In accordance with applicable Canadian securities regulatory requirements, all mineral resource estimates of the Company disclosed or incorporated by reference in this news release have been prepared in accordance with Canadian National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”), classified in accordance with Canadian Institute of Mining Metallurgy and Petroleum’s "CIM Standards on Mineral Resources and Reserves Definitions and Guidelines" (the "CIM Guidelines"). The Company uses the terms "mineral resources", and "inferred mineral resources". While those terms are recognized by Canadian securities regulatory authorities, they are not recognized by the United States Securities and Exchange Commission (the "SEC") and the SEC does not permit U.S. companies to disclose resources in their filings with the SEC. Pursuant to the CIM Guidelines, mineral resources have a higher degree of uncertainty than mineral reserves as to their existence as well as their economic and legal feasibility. Inferred mineral resources, when compared with measured or indicated mineral resources, have the least certainty as to their existence, however, it is reasonable to expect that the majority of inferred mineral resources could be upgraded to indicated mineral resources with continued exploration. Pursuant to NI 43-101, inferred mineral resources may not form the basis of any economic analysis, including any feasibility study. Accordingly, readers are cautioned not to assume that all or any part of a mineral resource exists, will ever be converted into a mineral reserve, or is or will ever be economically or legally mineable or recovered.

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DIHK-Konjunkturumfrage im Herbst: Die Luft wird dünner

Die deutsche Wirtschaft läuft derzeit noch auf hohem Niveau. Doch die aktuelle Konjunkturumfrage des Deutschen Industrie- und Handelskammertages (DIHK) zeichnet kein ungetrübtes Bild. Vor allem die Industrie spürt, dass der Wind international rauer wird.

"Die Luft wird dünner. Die Sorgen werden größer", bilanzierte DIHK-Hauptgeschäftsführer Martin Wansleben die Ergebnisse der Erhebung, die er gemeinsam mit DIHK-Konjunkturexpertin Sophia Krietenbrink in Berlin präsentierte. "Die Unternehmen blicken deutlich verhaltener auf ihre künftigen Geschäfte."

Das zeige sich besonders in der Industrie und bei den Exporterwartungen. Immerhin, so Wansleben: "Die Investitions- und Beschäftigungspläne bleiben vergleichsweise stabil."

Auf Grundlage der Umfrage, die auf rund 27.000 Unternehmensantworten basiert, senkt der DIHK seine Wachstumsprognose von ursprünglich 2,7 Prozent (Jahresbeginn 2018) über 2,2 (Frühsommer 2018) auf nunmehr 1,8 Prozent. "Aufgrund der zu Jahresbeginn guten Ausgangslage hatten die Unternehmen mehr erwartet", betonte der DIHK-Hauptgeschäftsführer. "Die konjunkturelle Dynamik bleibt weit hinter den Erwartungen zurück."

Auch die DIHK-Prognose für 2019 liegt nur bei 1,7 Prozent. "Sorgen bereitet uns, dass Investitionen und vor allem der Export an Schubkraft einbüßen", erläuterte Wansleben. Dagegen werde der Inlandskonsum wieder stärker zur Konjunkturstütze. "Hier macht sich die gute Arbeitsmarktsituation mit steigenden Einkommen bemerkbar – auch als Ergebnis der bisher guten Weltkonjunktur und des für uns damit verbundenen Exportwachstums."

Eine bessere Entwicklung sei möglich, wenn der internationale Handelsstreit schneller und besser gelöst werde, als es derzeit zu erwarten sei, beim Brexit die paneuropäische Zusammenarbeit mit Großbritannien aufrechterhalten werden könne und die Bunderegierung in Deutschland die Weichen auf Aufbruch und mehr Investitionen stelle.

Weiter positiv entwickle sich die Beschäftigung: "Wir rechnen mit einem Plus von 580.000 zusätzlichen Stellen in diesem Jahr", sagte Wansleben. Und: "Angesichts der Knappheiten auf dem Arbeitsmarkt beobachten wir eine gewisse Entkopplung von Wirtschaftswachstum und Beschäftigungsaufbau."

DIHK-Konjunkturexpertin Krietenbrink erläuterte die Resultate der Umfrage vom Herbst 2018 im Detail. Die deutsche Wirtschaft laufe "derzeit noch auf hohem Niveau", berichtete sie; lediglich die Industrie bewerte ihre Geschäftssituation weniger gut als im Frühsommer.

Von Investitionen in Ausrüstungen, Bauten oder sonstige Anlagen seien im kommenden Jahr etwas weniger Impulse zu erwarten als vom Konsum, und die Exporterwartungen sänken erneut. Dass der DIHK seine Prognose für die Ausfuhren in diesem Jahr bereits zwei Mal deutlich nach unten korrigieren musste, führte sie vor allem auf die handelspolitischen Konflikte, weniger Dynamik auf wichtigen Absatzmärkten, den gestiegenen Ölpreis und die Abwertung vieler Schwellenländer-Währungen zurück.

Sie finden die ausführlichen Statements hier zum Download:
Statements zur DIHK-Konjunkturumfrage Herbst 2018 (PDF, 106 KB)  

Die Umfrageergebnisse und viele weitere Dokumente sind abrufbar unter

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Orsu Metals hits high grade gold and silver shoots in the west of Zone 23, Sergeevskoe Gold Project, Russia

Orsu Metals Corporation (TSX-V: OSU) (“Orsu” or the “Company”) is delighted to announce new excellent drilling results from infill holes at Zone 23, as part of the extended 12,500 meters (‘m’) drilling program at its Sergeevskoe Gold Project in Russia. The program is designed to deliver an estimation of a maiden resource in Q4 2018.  


  • The Company received the assay results for drill holes SDH18-65, SDH18-66, SDH18-67 and SDH18-68 in Zone 23 with gold mineralization in all of them
  • Drill hole SDH18-67 returned particularly exceptional intercepts:
    • 81 g/t Au and 167.55 g/t Ag over 17.9 m from 8.5 m (including 4.46 g/t Au and 981.48 g/t Ag over 2.7 m),
    • 62 g/t Au over 0.8 m from 40.2 m,
    • 94 g/t Au over 3.65 m from 82.1 m,
    • 55 g/t Au over 5.65 m from 120.2 m

Dr. Alexander Yakubchuk, Director of Exploration of Orsu commented: “We are extremely pleased with a flow of excellent drill intercepts, confirming high grade gold shoots and adding silver as bi-product at Zone 23. Very high grade silver intercepts demonstrate that some parts of the system are enriched in this important by-product metal, which will be further assayed and explored”.

Dr Sergey V Kurzin, Executive Chairman of Orsu, commented: “It is the first time that we hit some truly high silver grades at Sergeevskoe. We have been systematically assaying, but largely ignoring the potential economic value of silver until now and concentrated on gold. But one can’t ignore 5.5 ounces of silver, a rough equivalent of 2 grams of gold, crossed over almost 18 meters. We need to understand this silver occurrence, conceptualize it and test our emerging understanding of silver at Sergeevskoe while doing the next stage of exploration. I also note that we have already completed some in-fill drilling which means that even in our maiden NI43-101 resource to be prepared later in 2018 we expect to have some resources in measured and indicated categories, not just inferred.”

The license of the Sergeevskoe Gold Project occurs immediately east from the Alexandrovskoe open pit and plant owned by Zapadnaya Gold Mining Ltd and to the west from the Klyuchevskoe license owned by Sun Gold Mining (Figure 1)[1]. The Klyuchevskoe (Klyuchi) gold deposit represents a +6 Moz gold endowment (see Orsu press-release dated September 21, 2016). Orsu owns a 90% interest in the Sergeevskoe Gold Project (see Orsu press-release December 1, 2017).

[1] Business Standard, a leading Indian daily newspaper, reported on 21 September 2018 that “Chinese company China National Gold will invest about $420 million in the development of the Klyuchevskoe gold deposit in Russia, while another $65 million will be invested by India’s SUN Gold. The annual production volume is expected at about 6.5 metric tons of gold per year, the Russian Industry and Trade Ministry reported.”

Orsu previously reported most promising gold mineralization at Zone 23 in the Main, Southern and New stockworks (see Orsu press-release August 22, 2018 and October 1, 2018). The quartz-tourmaline-sulfide stockworks are hosted primarily in the pre-mineral Permian granite intrusion, whereas mineralization appears to be Jurassic in age.

Both Main and Southern stockworks are now continuously drill-proven from sections 9080E to 9620E and only 1-m-intervals were intercepted in drill holes from section 9010E (Figure 2). The New stockwork can be most continuously traced from section 9720E to 9010E in the westernmost drilled section of Zone 23 and remains open westward.

Infill drill holes SDH18-67 and 68 intercepted Main, Southern and New stockworks (Table 1; Figures 2 and 3). Drill hole SDH18-67 intercepted 1.81 g/t Au and 167.55 g/t Ag over 17.9 m from 8.5 m (including 4.46 g/t Au and 981.48 g/t Ag over 2.7 m) in Main stockwork. This drill hole also intercepted 4.62 g/t Au over 0.8 m from 40.2 m, 1.94 g/t Au over 3.65 m from 82.1 m, 0.55 g/t Au over 5.65 m from 120.2 m. High grade silver mineralization is recorded in oxidized material and may be a product of supergene enrichment. 

Drill hole SDH18-68 intercepted weaker mineralization at depth. This correlates with the lower grade parts of stockworks in accordance with the previously recognized eastward plunging higher grade gold shoots in Zone 23 (Figure 4). Infill drill holes SDH18-65 and 66 (Table 1; Figure 4) also returned gold-mineralized intercepts in accordance with the eastward plunging higher grade gold shoots.

The above interpretations are based on selection of the previously and newly-reported mineralized intervals, based on a 0.5 g/t Au cut-off for compositing, with maximum 2 m length of 0.3-0.5 g/t Au mineralization included into a mineralized interval. Composited intervals in drill holes are presented uncapped (Table 1). The assays for some infill drill holes are still pending. No significant intercepts were received for hole SDH18-62.

Quality Assurance – Quality Control (“QA/QC”)

Thorough QA/QC protocols are followed on the project including insertion of duplicate, blank and standard samples in all trenches. Duplicate samples were inserted after every 20 samples. All standard samples were inserted once per 20 samples. Blanks were also inserted once per 20 samples and consisted of the previously assayed barren granitoid rocks.

Drill core samples were submitted directly to the SGS Vostok laboratories in Chita, Russia, which are independent from Orsu, for sample preparation and analysis. Analysis for Au is performed using fire assay method with atomic absorption (“AA”) finish and with a gravimetric finish for samples exceeding 10 g/t Au. Results published are from the gravimetric finish if above 10 g/t Au and from the AA finish if lower than 10 g/t Au.

Qualified Person

This release and the technical data reported have been reviewed and approved by Alexander Yakubchuk, Director of Exploration of the Company, also a Qualified Person as defined in NI 43-101.

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.

Cautionary Statement:

This news release contains forward-looking statements that are based on the Company’s current expectations and estimates. Forward-looking statements are frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate", "suggest", "indicate" and other similar words or statements that certain events or conditions "may" or "will" occur. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that could cause actual events or results to differ materially from estimated or anticipated events or results implied or expressed in such forward-looking statements. There may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. Any forward-looking statement speaks only as of the date on which it is made and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future events or results or otherwise. 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.

For further information, please contact:

Alexander Yakubchuk, Director of Exploration, Orsu Metals Corporation

Doris Meyer, Corporate Secretary, Orsu Metals Corporation

Tel: +1-604-536-2711 ext 6

In Europe:

Swiss Resource Capital AG

Jochen Staiger

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RavenQuest launches recreational brands, introduces eight unique „Experiences“ for the adult recreational consumer

RavenQuest BioMed Inc. (the “Company” or “RavenQuest”) – (CSE: RQB OTCQB: RVVQF  Frankfurt: 1IT) is proud to introduce two distinct flagship brands, both of which will be available to the consuming public under Canada’s legalized adult recreational framework which begins October 17, 2018.  Throughout our brand development, RavenQuest has remained engaged with Victims of Advertising (VOA), gaining in-depth understanding of our target markets and creating brands that appeal to our consumer segments.  VOA brings a wealth of experience in creating and launching brands with a clear actionable strategy and creative vision.  Leading companies in the technology, biotech, tourism and, notably, cannabis industries collaborate with VOA.

RavenQuest’s cannabis offerings will lead our clients through the entire wholistic cannabis Experience.  Each Experience begins with an informed selection of a suitable cultivar (strain).  The journey then extends through the enjoyment of inspired packaging and finally delivers a high quality, predictable and repeatable Experience that can only come from the science-based grow methodologies for which RavenQuest has become so well-known.

Lore Cannabis – “Tell Your Story”

Our first flagship brand, Lore Cannabis, is a luxury offering aimed at a discerning female audience in the 30+ demographic.  The Lore cannabis concept is rooted in our innate desire as humans to “Tell Your Story”, to create new stories, and to connect with those around us through the sharing of our stories.  Lore Cannabis will deliver five unique Experiences:

“It’s My Time” is reminiscent of a movie night or a nice warm bath.

“The Weekend” represents the feeling of being away from it all, checking out and setting your email to auto-reply.

“A Night Out” exemplifies an evening out dancing, or simply enjoying dinner and conversation with friends under the lights of the city or the stars.

“Dream Weaver” evokes images of peaceful, restful sleep.

“Life on Venus” invites the Experience of simply enjoying what our imaginations can conjure.

Our second flagship brand, Bloomera, is a clean, simple and accessible offering aimed largely at males aged 30+ who seek out products in their lives that do what they’re supposed to do and brands that deliver on their promise.  These gentlemen (or women) are not averse to treating themselves to a product that is excellent and take pride in sticking to a good thing when they find something that works.  Essentially, the quintessential Bloomera consumer “Wants What S/He Wants.”  Bloomera will deliver three unique client Experiences:

“I Want to Sleep”

“I Want to Chill”

“I Want to Lift Off”

Both Lore and Bloomera cannabis will become available to the adult recreational market, initially through our supply MOU with the British Columbia Liquor Distribution Branch (BCLDB) and across Canada shortly thereafter.

RavenQuest CEO, George Robinson, commented that “RavenQuest believes strongly that a brand is only as good as the underlying product.  If you want great food, start with great ingredients.  If you want great wine, start with great grapes.  And if you want exceptional, consistent and repeatable Experience, start with an exceptional cannabis plant.  Metaphorically, while some clients enjoy drink crystals, we offer our clients the “fresh squeezed orange juice” Experience, complete with full entourage effects.”

Robinson continued by stating “everything we do, from our landmark cannabis research at McGill University, through our ultra-modern facility design, our leadership from world-class, internationally trained plant scientists right thought to the precision controlled, automated grow environment of our Orbital Gardens, is designed around delivering the consummate, consistent and repeatable Experience for our consumers.  Our foundation has always been to “focus upon the plant”, and we are thrilled to finally deliver the culmination of our efforts in the form of these fantastic brands.”

RavenQuest has a robust rollout of our consumer brands planned, spearheaded by our introduction to the general public at the upcoming Vancouver Fall Home Show, October 18-21 at the Vancouver Convention Center in downtown Vancouver, Canada.  The show will see more than 40,000 attendees stream through the doors and will kick off an extensive tour of dates and appearances across Canada.

About RavenQuest BioMed Inc.

RavenQuest BioMed Inc. is a diversified publicly traded cannabis company with divisions focused upon cannabis production, management services & consulting and specialized research & development.  RavenQuest is a licensed producer with facilities located in Markham, Ontario and Edmonton, Alberta.  RavenQuest maintains a research partnership with Montreal’s McGill University focused upon cultivar (strain) recognition, plant stabilization and yield maximization of the cannabis plant.  The Company focuses on partnerships with Indigenous communities.

On Behalf of the Board of Directors of 

“George Robinson”
Chief Executive Officer

For further information, please contact:
Mathieu McDonald, Corporate Communications – 604-484-1230

In Europe:
Swiss Resource Capital AG
Jochen Staiger

Neither Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this press release, which has been prepared by management.

Cautionary Note Regarding Forward-Looking Statements

All statements in this press release, other than statements of historical fact, are “forward-looking information” with respect to the Company within the meaning of applicable securities laws, including statements with respect to the development and marketing of consumer cannabis brands.  The Company provides forward-looking statements for the purpose of conveying information about current expectations and plans relating to the future and readers are cautioned that such statements may not be appropriate for other purposes. By its nature, this information is subject to inherent risks and uncertainties that may be general or specific and which give rise to the possibility that expectations, forecasts, predictions, projections or conclusions will not prove to be accurate, that assumptions may not be correct and that objectives, strategic goals and priorities will not be achieved. These risks and uncertainties include but are not limited to those identified and reported in the Company’s public filings under the Company’s SEDAR profile at  Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements.  The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise unless required by law.

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White Gold Corp. Intersects 3.76 g/t Gold over 66.2m Successfully Extending the Golden Saddle Deposit at Depth and Also Discovers New Mineralized Zone „GS West“ Located 750m Along Trend from the Golden Saddle Deposit

White Gold Corp. (TSX.V: WGO, OTC – Nasdaq Intl: WHGOF, FRA: 29W) (the "Company" – ) is pleased to announce that a new shallow zone of gold mineralization has been discovered on trend with the Golden Saddle deposit at the Golden Saddle West (“GS West”) target on its White Gold property, Yukon. The GS West target is located approximately 750m west of the Golden Saddle deposit, along a structural trend containing several other targets, including the high-grade Ryan’s Showing discovery announced September 6, 2018.

Step out and infill drilling at Golden Saddle has also continued to return significant results, expanding the footprint and definition of the deposit. Maps to accompany this news release can be found at

The Company is also currently drilling at its JP Ross property to follow up on the high-grade Vertigo discovery as part of its fully funded regional exploration program backed by partners Agnico Eagle Mines Limited (TSX: AEM, NYSE: AEM) and Kinross Gold Corp (TSX: K, NYSE: KGC). Additional results will be released in due course, along with further results from the additional testing performed along trend with the Golden Saddle Deposit on its White Gold property including the Ryan’s Showing discovery.

Highlights Include:

  • WHTGS18D0194 intersected 6.90 g/t over 23.64m from 427.11m depth, within broader mineralization of 3.76 g/t Au over 66.2m from 385.2m depth and 2.32 g/t Au over 115.61m from 346.24m depth extending the GS Main Zone and high-grade core of the Golden Saddle deposit by 60m (14%) down-dip in the area.
  • GS West: A new shallow mineralized zone open at depth and along strike was discovered 750m to the west of the Golden Saddle deposit along the structural trend, intersecting Golden Saddle style mineralization in all three holes, including 1.92 g/t Au over 24m from 117m depth WHTGS18D0184 within broader mineralization of 2.97 g/t Au over 10m from 118m depth.  
  • WHTGS18D0193 intersected 3.95 g/t Au over 68m from 210m depth, including 5.42 g/t Au over 47.3m from 225.7m depth, and 9.55 g/t Au over 11.9m from 256m depth infilling a 70m gap in the GS Main Zone and extending mineralization towards surface. This intercept represents one of the strongest and most consistent intercepts of high-grade (>5 g/t Au) mineralization to date for the Golden Saddle.
  • WHTGS18D0191 extended the projection of the GS Main Zone approximately 200m (69%) down dip in the area, intersecting 4.87 g/t Au over 6.3m from 362m depth within broader mineralization of 1.95 g/t Au over 22.3m from 347.6m depth.
  • The Company continues to test additional targets along trend with the Golden Saddle deposit as part of the program designed to expand the existing resource on the White Gold property, with only limited historical exploration having been performed in these areas.

“We are very pleased with these results from our 2018 program on the White Gold property. Making up approximately half of our 2018 budget, the goal of this program was to grow the Golden Saddle deposit through expansion along strike and down dip as well as through the discovery of new mineralization within close proximity to the deposit.” stated Jodie Gibson, VP Exploration of the Company.  “Our program has done just that – making meaningful step outs to the deposit and also making two significant discoveries this year along trend with Golden Saddle. With only limited exploration performed in the area, we are very optimistic about the potential for additional mineralization in close proximity to the Golden Saddle deposit.”

GS West Target, White Gold Property

The GS West is located approximately 750m west from the western edge of the Golden Saddle. Drilling on the target area consisted of 3 wide spaced holes testing over 350m of strike length. The purpose of the drilling was to evaluate the area for Golden Saddle style mineralization based on a revised geologic interpretation and projection of the Golden Saddle structural system. All three holes hit Golden Saddle style alteration and mineralization with the most significant results from WHTGS18D0184. Individual assays ranged from trace to 9.7 g/t Au.

WHTGS18D0184 returned 1.92 g/t Au over 24m from 117m depth, including 2.97 g/t Au over 10m from 118m depth and 8.12 g/t Au over 1.95m from 121.05m depth. The mineralization is associated with a strongly sericite altered, coarse grained, augen orthogneiss with pyrite and molybdenite filled fractures, quartz veining, and localised brecciation. The zone occurs along the projection of the GS Main structure to the west and highlights the significant potential for additional zones of near surface mineralization in close proximity to the Golden Saddle deposit.

The newly discovered zone was targeted with a revised geologic modeling based on DIGHEM, IP-Resistivity and historic drilling. The holes were targeting the interpreted intercept of the GS Main structure with a favorable felsic gneiss unit that hosts the majority of the resource in the adjacent Golden Saddle deposit. The discovery highlights the potential for additional, new surface, zones of mineralization adjacent to the Golden Saddle. Detailed geological modelling is in progress and will form the basis of follow up drilling in 2019.

Golden Saddle Deposit, White Gold Property

A total of 8,745m of diamond drilling over 18 holes was conducted on the Golden Saddle. The drilling included infill drilling for advanced metallurgical testing; aggressive step-out drilling down dip to assess continuity of the mineralized structures to depth and a series of holes for geologic modelling and to assess the continuity of mineralized zones within the hanging wall of the deposit. Results for the infill/metallurgical holes were previously released and include 6.89 g/t Au over 32.0m from 171m depth, including 11.08 g/t Au over 18.4m from 188m depth. Results for 10 additional holes are presented in the table below. Highlights include holes WHTGS18D0191, WHTGS18D0193 and WHTGS18D0194. Individual assays for the released results range from trace to 37.5 g/t Au and reported intercepts are estimated to range from 65 – >95% true thickness.


WHTGS18D0194 returned 2.32 g/t Au over 115.61m from 346.24m depth, including 3.76 g/t Au over 66.23m from 385.23m depth, including 6.90 g/t over 23.64m from 427.11m depth, including 14.21 g/t Au over 10.55m of from 440.2m depth. The hole was drilled from the same site as holes 189/190/191, but at an azimuth 80o and -68o dip, and was targeting the down-dip intersection of the GS Main and a cross-cutting thrust fault that hosts lenses of ultramafic rocks (serpentinite) within the core of the Golden Saddle. This intersection appears to be a significant control on high-grade (>3 g/t Au) mineralization within the deposit, and the intercept extended the GS Main, and high-grade core of the deposit, an additional 60m down-dip in the area.


WHTGS18D0193 is located 360m east of WHTGS18D0194 and was drilled at an azimuth of 225o and -50o dip. The hole was designed to drill across host lithologies in the Golden Saddle, which are oblique to mineralization, for geologic modelling purposes. Additionally, the hole would test for mineralization associated with lithologic contacts in the hanging wall of the deposit and infill the GS Main at depth. The hole returned 3.95 g/t Au over 68m from 210m depth, including 5.42 g/t Au over 47.3m from 225.7m depth and 9.55 g/t Au over 11.9m from 256m depth. The intercept corresponds to the GS Main infilling a 70m gap between holes WD-070 and WHTGS17D0170.


WHTGS18D0191 is located on the NW portion of the Golden Saddle and was drilled to assess the down dip potential of the GS Main Zone. The hole was drilled at a 160o azimuth and -85o dip and returned 1.95 g/t Au over 22.27m from 347.63m depth, including 4.87 g/t Au over 6.33m from 362m depth. The intercept extends the projection of the GS Main approximately 200m down dip from historic hole WD-053.

Two additional holes were drilled on the same section as WHTGS18D0191, WHTGS18D0189 and 190, at dips of -65o and -75o; respectively. WHTGS18D0189 is a 75m step-out to WD-053 and returned 0.32 g/t Au over 14.6m from 227m depth. While WHTGS18D0189 and WHTGS18D0190 are lower in grade due to the intersection of less favorable schistose lithology, they confirmed the extension of the GS Main structure. WHTGS18D0190 is a 55m step-out to hole 189 and returned 3.07 g/t Au over 7.65m from 309.35m depth, including 5.1 g/t Au over 3.75m from 312.25m depth. WHTGS18D0191, detailed above, was a further 70m step-out to hole 190. Together the GS Main has been traced from surface to 490m down-dip, and is open at depth, in this area of the deposit.

About White Gold Corp.

The Company owns a portfolio of 21,218 quartz claims across 34 properties covering over 423,000 hectares representing over 40% of the Yukon’s White Gold District. The Company’s flagship White Gold property has a mineral resource of 960,970 ounces Indicated at 2.43 g/t gold and 282,490 ounces Inferred at 1.70 g/t gold as set forth in the technical report entitled “Independent Technical Report for the White Gold Project, Dawson Range, Yukon, Canada”, dated March 5, 2018, filed under the Company’s profile on SEDAR. Mineralization on the Golden Saddle and Arc is also known to extend beyond the limits of the current resource estimate. Regional exploration work has also produced several other prospective targets on the Company’s claim packages which border sizable gold discoveries including the Coffee project owned by Goldcorp Inc. (TSX: G, NYSE:GG) with a M&I gold resource(1) of 4.1M oz and Western Copper and Gold Corporation’s Casino project which has P&P gold reserves(1) of 8.9M oz Au and 4.5B lb Cu. The Company has outlined an aggressive exploration plan backed by partners Agnico Eagle Mines Limited (TSX: AEM, NYSE: AEM) and Kinross Gold Corp (TSX: K, NYSE: KGC). For more information visit

(1) Noted mineralization is as disclosed by the owner of each property respectively and is not necessarily indicative of the mineralization hosted on the Company’s property.


The analytical work for the 2018 program has been performed by Bureau Veritas Commodities Canada Ltd., an internationally recognized analytical services provider, at its Vancouver, British Columbia laboratory.  Sample preparation was carried out at its Whitehorse, Yukon facility. All GT Probe, RAB, RC, and diamond core samples were prepared using procedure PRP70-250 (crush, split and pulverize 250 g to 200 mesh) and analyzed by method FA430 (30g fire assay with AAS finish) and AQ200 (0.5g, aqua regia digestion and ICP-MS analysis). Samples containing >10g/t Au were reanalyzed using method FA530 (30g Fire Assay with gravimetric finish). Metallic-screen analysis may also be utilized if coarse gold mineralization is encounter (FS600).

The work was completed using industry standard procedures, including a quality assurance/quality control (QA/QC) program consisting of the regular insertion of certified standards and blanks into the sample stream. The qualified person detected no significant QA/QC issues during review of the data.

Qualified Person

Jodie Gibson, P.Geo. and Vice President of Exploration for the Company is a “qualified person” as defined under National Instrument 43-101 (“NI 43-101”) and has reviewed and approved the content of this news release. 

Cautionary Note Regarding Forward Looking Information

This news release contains "forward-looking information" and "forward-looking statements" (collectively, "forward-looking statements") within the meaning of the applicable Canadian securities legislation. All statements, other than statements of historical fact, are forward-looking statements and are based on expectations, estimates and projections as at the date of this news release. Any statement that involves discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as "expects", or "does not expect", "is expected", "anticipates" or "does not anticipate", "plans", “proposed”, "budget", "scheduled", "forecasts", "estimates", "believes" or "intends" or variations of such words and phrases or stating that certain actions, events or results "may" or "could", "would", "might" or "will" be taken to occur or be achieved) are not statements of historical fact and may be forward-looking statements. In this news release, forward-looking statements relate, among other things, to: the anticipated benefits to the Company and its shareholders respecting the Company’s objectives, goals and exploration activities conducted and proposed to be conducted at the White Gold properties; future growth potential of the Company, including whether any further mineral resources will be established in accordance with NI 43-101 at any of the Company’s properties; exploration results; and future exploration plans.

These forward-looking statements are based on reasonable assumptions and estimates of management of the Company at the time such statements were made. Actual future results may differ materially as forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to materially differ from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors, among other things, include: the expected benefits to the Company relating to the exploration conducted and proposed to be conducted at the White Gold properties; failure to expand or identify any additional mineral resources; the preliminary nature of metallurgical test results; uncertainties relating to the availability and costs of financing needed in the future, including to fund any exploration programs on the White Gold properties and the Company’s other properties; business integration risks; fluctuations in general macroeconomic conditions; fluctuations in securities markets; fluctuations in spot and forward prices of gold, silver, base metals or certain other commodities; fluctuations in currency markets (such as the Canadian dollar to United States dollar exchange rate); change in national and local government, legislation, taxation, controls, regulations and political or economic developments; risks and hazards associated with the business of mineral exploration, development and mining (including environmental hazards, industrial accidents, unusual or unexpected formations pressures, cave-ins and flooding); inability to obtain adequate insurance to cover risks and hazards; the presence of laws and regulations that may impose restrictions on mineral exploration and mining; employee relations; relationships with and claims by local communities and indigenous populations; availability of increasing costs associated with mining inputs and labour; the speculative nature of mineral exploration and development (including the risks of obtaining necessary licenses, permits and approvals from government authorities); the unlikelihood that properties that are explored are ultimately developed into producing mines; geological factors; actual results of current and future exploration; changes in project parameters as plans continue to be evaluated; soil sampling results being preliminary in nature and are not conclusive evidence of the likelihood of a mineral deposit; title to properties; and those factors described under the heading "Risks and Uncertainties" in the Company’s most recently filed management’s discussion and analysis. Although the forward-looking statements contained in this news release are based upon what management of the Company believes, or believed at the time, to be reasonable assumptions, the Company cannot assure shareholders that actual results will be consistent with such forward-looking statements, as there may be other factors that cause results not to be as anticipated, estimated or intended. Accordingly, readers should not place undue reliance on forward-looking statements and information. There can be no assurance that forward-looking information, or the material factors or assumptions used to develop such forward-looking information, will prove to be accurate. The Company does not undertake any obligations to release publicly any revisions for updating any voluntary forward-looking statements, except as required by applicable securities law.

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

Contact Information:

David D’Onofrio
Chief Executive Officer
White Gold Corp.
(416) 643-3880

In Europe:

Swiss Resource Capital AG

Jochen Staiger

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Meyer Burger launches transformation programme to safeguard long-term profitability

  • Repositioning standard PV business solutions to Asia, mainly China
  • Continued strategic focus on further developing Heterojunction, SWCT™ and next step cell/module technologies
  • Increased robustness against market volatility by substantial reduction of net earnings breakeven point

Meyer Burger Technology Ltd (SIX Swiss Exchange: MBTN) today launched a transformation programme and structural changes to further increase customer proximity, optimise its global production footprint and existing fixed cost base and improve the company’s robustness against market volatilities.

Hans Brändle, CEO of Meyer Burger said: “Meyer Burger successfully returned to profitability in the first half of 2018. However the same period also showed substantial market volatility in terms of customer demand for our photovoltaic products and solutions. We have initiated an ambitious transformation programme that will enable Meyer Burger to become leaner and more focussed. Our strategic priorities remain Heterojunction, SmartWire Connection Technology as well as next generation cell/module technologies.”


Repositioning standard PV business solutions to Asia

As the manufacturing industry for PV wafers, cells and modules is predominantly located in Asia, Meyer Burger will also move a significant part of its global sales and services functions for the standard PV business solutions from Europe to Asia, largely to China. The company is also evaluating further outsourcing or co-operation partnership models for its standard PV products in order to bring its mainstream business closer to its customers and localise design and manufacturing to reduce costs and safeguard margins. At the same time, the global production footprint will be optimised. With these moves, Meyer Burger’s future PV business activities will be mainly concentrated in Hohenstein-Ernstthal (Germany) and Wuxi-Shanghai (China). The company will rightsize its headquarter structure accordingly.


Strategic priorities: Heterojunction, SWCT™ and next generation cell/module technologies

Meyer Burger will concentrate its strategic focus in PV mainly on Heterojunction, SmartWire Connection Technology (SWCT™) and on promising next generation cell/module technologies, such as tandem cells that use different types of stacked cells. We have registered increased customer interest in these technologies. In particular, enquiries from prospects outside of China have gained momentum. However, as the market environment remains uncertain, the timing of order entries continues to be difficult to predict.


Refocussing Resarch & Development activities

Meyer Burger has spent on average about CHF 50 million per annum in Research & Development over the past few years. The company will strengthen its PV technology and engineering competence in Asia to further increase R&D customer proximity. As a result of the repositioning of its standard PV business, the reinforced focus on cell/modul technologies and a concentration of future R&D activities on most promising products, Meyer Burger expects savings in annual R&D expenses in an amount of approximately CHF 10 million.


General & Administrative functions across the Group will be further streamlined to provide additional savings in operating expenses.


Measures to result in reallocation and reduction in workforce

The realignment and relocation of different functions and a more effective organisational structure will result in an overall reduction of about 100 employees (FTE) or 9% of the workforce compared to the expected number of employees of around 1,100 (after discontinuation of the manufacturing activities in Thun as announced on 2 November 2017). All personnel measures will be implemented in a manner as socially responsible as possible. Changes in the Executive Board and the Board of Directors are also planned as part of the transformation programme to reflect the adjustments and future size of the company.


Once this transformation programme has been fully executed, Meyer Burger expects a positive EBITDA impact of about CHF 25 million on an annual basis as of fiscal year 2021. Three quarters of these measures are planned to be implemented by end of 2019. The execution of this additional programme will result in one-time cash related expenses of about CHF 11 million for personnel and product transfers and in personnel costs, of which CHF 4 million will be charged to the financial year 2018. Upon completion of the transformation programme, Meyer Burger expects its breakeven level at net earnings to be reached with a net sales volume of about CHF 250 million.




This press release may contain “forward-looking statements”, such as guidance, expectations, plans, intentions, or strategies regarding the future. These forward-looking statements are subject to risks and uncertainties. The reader is cautioned that actual future results may differ from those expressed in or implied by the statements, which constitute projections of possible developments. All forward-looking statements included in this press release are based on data available to Meyer Burger Technology Ltd as of the date that this press release is published. The company does not undertake any obligation to update any forward-looking statements contained in this press release as a result of new information, future events or otherwise.

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QIAGENs QIAstat-Dx-System liefert die nächste Generation schneller, kosteneffizienter Diagnosen gastrointestinaler Syndrome

QIAGEN N.V. (NYSE: QGEN; Frankfurt Prime Standard: QIA) gab heute die europäische Markteinführung der nächsten Generation des QIAstat-Dxâ-Panels für eine einstufige, voll integrierte molekulare Analyse von gastrointestinalen Syndromen bekannt. Das Multiplex-Magen-Darm-Panel, das von QIAGEN um eine umfassende Abdeckung von Viren erweitert wurde, erkennt die 24 häufigsten viralen, bakteriellen und parasitischen Erreger von Magen-Darm-Infektionen. Ein Atemwegs-Panel für QIAstat-Dx analysiert 21 virale und bakterielle Pathogene, einschließlich Subtypen von Influenza, Coronaviren, Pneumonie und anderen Targets, um die Ursachen von akuten Atemwegsinfektionen zu differenzieren. 

Das QIAstat-Dx-System, das bereits gemeinsam mit den Atemwegs- und Magen-Darm-Panels eine CE-IVD-Kennzeichnung erhalten hat, wurde kürzlich erfolgreich in Australien registriert und wird dort eingeführt. Die Einreichung von QIAstat-Dx und beiden Panels für eine US-Zulassung wird geplant und die Zulassung wird für das Jahr 2019 erwartet. QIAGEN erwartet ebenfalls die Einführung eines QIAstat-Dx-Multiplex-Tests mit CE-IVD-Kennzeichnung für Meningitis im Jahr 2019. Eine umfassende Palette an Assays für syndromische Tests in der Onkologie und anderen therapeutischen Bereichen wird gerade entwickelt.

„Krankenhäuser, Labore und Kliniken nehmen QIAstat-Dx als eine einfach zu verwendende Lösung der nächsten Generation für verlässliche Diagnosen von komplexen Syndromen an. Mit einer Bearbeitungsdauer von weniger als einer Minute und Ergebnissen in ca. einer Stunde kann ein klinischer Assistent oder Techniker mehrere Proben analysieren und verlässliche, hoch sensible Erkenntnisse erhalten, welche die Ursachen von Atemwegs- oder Magen-Darm-Syndromen differenzieren“, so Thierry Bernard, Senior Vice President Molecular Diagnostics Business Area bei QIAGEN. „Die Einfachheit von QIAstat-Dx bringt die Leistungsfähigkeit der Echtzeit-PCR-Technologie (Polymerase-Kettenreaktion) nahe an den Patienten. Der Anwender muss bloß eine Probenkartusche einführen und hat sonst nichts zu tun. Das Gerät führt alle Schritte einer molekularen Multiplex-Analyse selbstständig durch, wodurch der Arzt fundierte Behandlungsentscheidungen treffen kann.“

Die Nachfrage nach syndromischen Tests mit Molekulardiagnostik nimmt rasant zu. Im Bereich gastrointestinaler Syndrome wird die Zahl der zurzeit durchgeführten Panels in den USA auf 2,6 Millionen pro Jahr und in Europa auf etwa 2 Millionen geschätzt, wobei in einer kleinen, aber schnell wachsenden Zahl dieser Tests molekulare Diagnostik eingesetzt wird. Im Bereich Atemwegssyndrome und Grippetests schätzt QIAGEN den gesamten Zielmarkt auf etwa 1,5 Millionen Tests pro Jahr in den USA und 1,1 Millionen in Europa.

QIAstat-Dx arbeitet mit kosteneffizienten Einwegkartuschen mit integrierter Probenaufbereitung und enthält alle Reagenzien im System. In etwa einer Stunde kann das System Einblicke in die genauen Ursachen dieser schwer zu diagnostizierenden Syndrome bieten. Das System ist für den Einsatz in patientennahen klinischen Umgebungen konzipiert, sodass keine Verzögerungen mehr durch den Probenversand an ein zentrales Labor auftreten. Die leicht zu verwendenden Kartuschen werden in einem skalierbaren, proprietären Analysator verarbeitet, der auf zwischen einem und acht Modulen konfiguriert werden kann und der die Kartuschen entsprechend den zuvor festgelegten Assay-Protokollen unabhängig voneinander über einen Touchscreen mit einfachen Schritt-für-Schritt-Anweisungen analysiert. Weitere Informationen finden Sie unter

Forward-Looking Statement

Einige der Angaben in dieser Pressemitteilung können im Sinne von Section 27A des U.S. Securities Act (US-Wertpapiergesetz) von 1933 in ergänzter Fassung und Section 21E des U.S. Securities Exchange Act (US-Börsengesetz) von 1934 in ergänzter Fassung als zukunftsgerichtete Aussagen („forward-looking statements") gelten. Soweit in dieser Meldung zukunftsgerichtete Aussagen über QIAGENs Produkte, Markteinführungen, regulatorische Einreichungen, Kollaborationen, Märkte, Strategie, Steuern und operative Ergebnisse gemacht werden, einschließlich aber nicht begrenzt auf die zu erwartenden Ergebnisse für den bereinigten Nettoumsatz und den bereinigten verwässerten Gewinn je Aktie,  geschieht  dies  auf  der  Basis  derzeitiger  Erwartungen  und  Annahmen, die mit vielfältigen Unsicherheiten und Risiken verbunden sind. Dazu zählen unter anderem: Risiken im Zusammenhang mit Wachstumsmanagement und internationalen Geschäftsaktivitäten (einschließlich Auswirkungen von Währungsschwankungen und der Abhängigkeit von regulatorischen sowie Logistikprozessen); Schwankungen der Betriebsergebnisse und ihre Verteilung auf unsere Kundengruppen; die Entwicklung der Märkte für unsere Produkte an Kunden in der Akademischen Forschung, Pharma, Angewandte Testverfahren und Molekulare Diagnostik; Veränderung unserer Beziehungen zu Kunden, Lieferanten und strategischen Partnern, das Wettbewerbsumfeld, schneller oder unerwarteter technologischer Wandel, Schwankungen in der Nachfrage nach QIAGEN-Produkten (einschließlich allgemeiner wirtschaftlicher Entwicklungen, Höhe und Verfügbarkeit der Budgets unserer Kunden und sonstiger Faktoren), die Möglichkeit, die regulatorische Zulassung für unsere Produkte zu erhalten, Schwierigkeiten bei der Anpassung von QIAGENs Produkten an integrierte Lösungen und die Herstellung solcher Produkte, die Fähigkeit des Unternehmens, neue Produktideen zu entwickeln, umzusetzen und sich von den Produkten der Wettbewerber abzuheben sowie vor dem Wettbewerb zu schützen, Marktakzeptanz neuer Produkte und die Integration akquirierter Geschäfte und Technologien; und andere Faktoren, angesprochen unter „Risikofaktoren“ in Absatz 3 des aktuellen Annual Report Form 20-F. Weitere Informationen finden Sie in Berichten, die QIAGEN bei der U.S. Securities and Exchange Commission (US-Börsenaufsichtsbehörde) eingereicht hat.

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Millennial erweitert Lithium-Sole-Horizont auf Pastos Grandes

Millennial Lithium Corp. (ML: TSX.V) (A3N2:GR: Frankfurt) (MLNLF: OTCQB) ("Millennial" oder das "Unternehmen") freut sich, positive Bohr- und Analyseergebnisse aus den neuesten Explorationsbohrungen im Rahmen des Pastos Grandes Projekts in Salta, Argentinien, zu melden. Zwei neue Explorationsbohrungen (PGMW18-16 und 17) haben lithiumhaltige Solezonen durchschnitten und mit einem Boden versehen, wobei PGMW18-17 positive Lithiumqualitäten in einem 545 Meter dicken lithiumhaltigen Horizont schneidet, darunter ein hoher Gehalt von 701 mg/L Li. Auf dem Gelände wird ein Lager für 40 Personen errichtet, darunter ein hochmodernes Solar-Hybrid-Energiesystem, während die Arbeiten am Standort in einer Pilotanlage zur Herstellung von batterietauglichem Lithiumcarbonat voranschreiten.

Millennial freut sich auch, bekannt geben zu können, dass sie die Credit Suisse beauftragt hat, leitender Finanzberater das Unternehmen im Hinblick auf mögliche zukünftige Projektfinanzierungsalternativen und laufende strategische Diskussionen zu unterstützen.

Millennial CEO, Farhad Abasov, kommentierte: "Wir sind sehr erfreut zu sehen, dass die Bohrungen auf der REMSA-Lizenz beim Pastos Grandes Salar weiterhin auf lithiumreiche Sole treffen und die Fläche der bekannten lithiumreichen Sole weiter nach Westen zum Rand des Salars hin deutlich vergrößern. Millennial hat bereits mit einer vollständigen Machbarkeitsstudie für sein Lithium-Sole-Projekt in Pastos Grandes, Salta, begonnen, die im zweiten Quartal 2019 abgeschlossen werden soll. Millennial ist vollständig finanziert, um die Machbarkeitsstudie sowie alle anderen Programme mit einem sehr starken Kassenbestand von 56 Mio. CAD$ abzuschließen. Das Unternehmen beginnt mit der Sicherung der Baufinanzierung, die 2019 abgeschlossen werden soll."

Die Explorationsbohrungen PGMW18-16 und PGMW18-17 wurden bis in eine Tiefe von 641 Metern bzw. 605 Metern gebohrt, wobei beide Bohrungen mit salzhaltigem Sand abgeschlossen wurden. Diese Löcher bestätigen die Verlängerung der Sole auf die angrenzende REMSA-Lizenz südöstlich und südwestlich der ursprünglichen Kernlizenzen von Pastos Grandes, was ein zusätzliches Potenzial zur Erweiterung der derzeit berechneten Ressource über die ursprünglichen Lizenzen von Pastos Grandes hinaus nahelegt.

Die Explorationsbohrung PGMW18-16, die in einer Endtiefe von 641 m nahe dem südlichen Rand des Beckens gebohrt wurde, wurde mit einem Doppelpackersystem entnommen, das zur Isolierung von Probenintervallen ausgelegt ist. Dreizehn Soleproben wurden aus Tiefen von 75 m bis 641 m (566 m Abstand) entnommen. Es wurde festgestellt, dass dieses Gebiet von Halit mit kleineren Sand- und Lehmnähten dominiert wird. Eine Halitzone mit Sand und kleinem Ton von 306 m bis 374 m (68 m Dicke) ergab durchschnittlich 499 mg/L Li mit einem Mg:Li von 7,1 und einem SO4:Li von 21,2. Der Bohrlochboden war in einer Halogensandeinheit mit 495 mg/L Li, einem Mg/Li von 6,5 und einem SO4/Li von 22,9 von 624 m bis 641 m Tiefe (siehe Tabelle 1), die anzeigt, dass die Lithiumzone in der Tiefe offen bleibt. Die Explorationsbohrung PGMW18-16 befindet sich etwa 2 km südöstlich der Bohrung PGMW18-12, und der bedeutende Halitabschnitt in dieser Bohrung deutet darauf hin, dass sie das Depotzentrum des Beckens einnehmen könnte.

Der Brunnen PGMW18-17 befindet sich ca. 1.500 m südwestlich von PGMW18-12 und wurde bis in eine Tiefe von 605 m gebohrt. Neunundzwanzig Soleproben wurden durch Packerproben entnommen, wobei der Brunnen von der Oberfläche bis 194 m von Halit dominiert wurde, und dann durch fein- bis mittelkörnigen Sand bis zum Boden des Brunnens. Der gesamte Abschnitt in der Bohrung PGMW18-17 ist mit Lithium angereichert, das 444 mg/L Li von 60m bis 605m (545m Dicke) und einen

Mg/Li von 6,0 zurückgibt. Der maximale Li-Wert betrug 701 mg/L Li in einer Tiefe von 135m. Die Bohrung PGMW18-17 wurde in lithiumsolehaltigen Sanden untergetaucht (die letzte Probe ergab 519 mg/L Li), da das Loch aufgrund von Einschränkungen der Bohrmaschine auf 605 m abgeschlossen wurde.

Die Explorationsbohrungen werden derzeit mit einer Bohranlage bei PGMW18-18 durchgeführt, die sich ca. 2000 m südlich von PGMW18-15 in der südwestlichen Ecke der REMSA-Lizenz befindet. Die Bohrungen befinden sich derzeit in einer Tiefe von 389 m; die zweite Bohrmaschine mobilisiert sich zu PGMW18-19, das sich etwa 1.000 m nordöstlich von PGMW18-12 befindet. Darüber hinaus wurde der 21-tägige Pumpversuch am PGPW17-04 abgeschlossen und die Datenerfassung ist im Gange. Zwei Pumpbohrmaschinen wurden vor Ort mobilisiert, um zusätzliche Pumpversuche zu beschleunigen. Pilotverdampfungsteiche von ca. 3,25 ha Größe wurden nun mit Sole gefüllt, um konzentriertes Li-Futter in Pflanzenqualität für die Pilotanlage des Unternehmens bereitzustellen. Das Unternehmen hat kürzlich ein Video über den Bau der Pilotteiche veröffentlicht, und der geneigte Leser kann gerne die Website des Unternehmens, zu besuchen und sich über die laufenden Fortschritte beim Projekt Pastos Grandes zu informieren.

Die Probenahme erfolgte in Übereinstimmung mit den CIM-Richtlinien für die Bewertung der Sole-Ressourcen, wobei ein entsprechendes QA/QC-Programm zur Sicherstellung der Genauigkeit und Präzision der Analyseergebnisse eingerichtet wurde.

Das primäre analytische Labor für die in diesem Programm verwendeten Daten ist das SGS-Labor in Buenos Aires, Argentinien. SGS ist nach ISO 9001:2008 und ISO14001:2004 für seine geochemischen und umwelttechnischen Labors zur Vorbereitung und Analyse zahlreicher Probenarten, einschließlich Solen, zertifiziert.

Diese Pressemitteilung wurde von Iain Scarr, AIPG CPG, Chief Operating Officer des Unternehmens und einer qualifizierten Person im Sinne von National Instrument 43-101 geprüft.

Um mehr über Millennial Lithium Corp. zu erfahren, kontaktieren Sie bitte Investor Relations unter (604) 662-8184 oder senden Sie eine E-Mail an .

Diese Pressemitteilung kann bestimmte "Forward-Looking Statements" im Sinne des United States Private Securities Litigation Reform Act von 1995 und der geltenden kanadischen Wertpapiergesetze enthalten. Wenn in dieser Pressemitteilung verwendet, kennzeichnen die Wörter "antizipieren", "glauben", "schätzen", "erwarten", "streben", "planen", "prognostizieren", "können", "planen" und ähnliche Wörter oder Ausdrücke zukunftsgerichtete Aussagen oder Informationen. Diese zukunftsgerichteten Aussagen oder Informationen können sich auf zukünftige Rohstoffpreise, die Genauigkeit der Mineral- oder Ressourcenexplorationstätigkeiten, Reserven oder Ressourcen, regulatorische oder staatliche Anforderungen oder Genehmigungen, die Zuverlässigkeit von Informationen Dritter, den fortgesetzten Zugang zu Mineralgrundstücken oder Infrastrukturen, Währungsrisiken einschließlich des Wechselkurses von USD$ für Cdn$, Schwankungen des Lithiummarktes, Änderungen der Explorationskosten und staatliche Lizenzgebühren oder Steuern (einschließlich Exportzölle oder -tarife) in Argentinien oder anderen Gerichtsbarkeiten sowie andere Faktoren oder Informationen beziehen. Solche Aussagen stellen die gegenwärtigen Ansichten des Unternehmens in Bezug auf zukünftige Ereignisse dar und basieren notwendigerweise auf einer Reihe von Annahmen und Schätzungen, die zwar von dem Unternehmen als angemessen erachtet werden, aber von Natur aus wesentlichen geschäftlichen, wirtschaftlichen, wettbewerbsrechtlichen, politischen und sozialen Risiken, Ungewissheiten und Unsicherheiten unterliegen. Viele bekannte und unbekannte Faktoren können dazu führen, dass sich die Ergebnisse, Leistungen oder Errungenschaften wesentlich von den Ergebnissen, Leistungen oder Errungenschaften unterscheiden, die in solchen zukunftsgerichteten Aussagen zum Ausdruck kommen oder impliziert werden können. Das Unternehmen beabsichtigt nicht und übernimmt keine Verpflichtung, diese zukunftsgerichteten Aussagen oder Informationen zu aktualisieren, um Änderungen der Annahmen oder Änderungen der Umstände oder andere Ereignisse, die diese Aussagen und Informationen betreffen, widerzuspiegeln, die nicht den geltenden Gesetzen, Regeln und Vorschriften entsprechen.

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EnWave Announces the Resignation of Dr. Gary Sandberg from its Board of Directors

EnWave Corporation (TSX-V:ENW | FSE:E4U) (“EnWave”, or the "Company" – announces the Company’s Board of Directors has accepted the resignation of Dr. Gary Sandberg from EnWave’s Board of Directors. Dr. Sandberg has also resigned from his position with the Company as Senior Vice President, Technical Services due to personal reasons. The Board of Directors and EnWave’s management would like to thank Dr. Sandberg for his years of service and his contributions to the technical advancements of EnWave’s proprietary Radiant Energy Vacuum technology.

About EnWave

EnWave Corporation, a Vancouver-based advanced technology company, has developed Radiant Energy Vacuum (“REV™”) – an innovative, proprietary method for the precise dehydration of organic materials. EnWave has further developed patent-pending methods for uniformly drying and decontaminating cannabis through the use of REV™ technology, shortening the time from harvest to marketable cannabis products. 

REV™ technology’s commercial viability has been demonstrated and is growing rapidly across several market verticals in the food, and pharmaceutical sectors including legal cannabis. EnWave’s strategy is to sign royalty-bearing commercial licenses with industry leaders in multiple verticals for the use of REV™ technology. The company has signed over twenty royalty-bearing licenses to date, opening up nine distinct market sectors for commercialization of new and innovative products. In addition to these licenses, EnWave has formed a Limited Liability Corporation, NutraDried Food Company, LLC, to develop, manufacture, market and sell all-natural cheese snack products in the United States under the Moon Cheese® brand. 

EnWave has introduced REV™ as the new dehydration standard in the food and biological material sectors: faster and cheaper than freeze drying, with better end product quality than air drying or spray drying. EnWave currently has three commercial REV™ platforms:

  1. nutraREV® which is used in the food industry to dry food products quickly and at low-cost, while maintaining high levels of nutrition, taste, texture and colour;
  2. powderREV® which is used for the bulk dehydration of food cultures, probiotics and fine biochemicals such as enzymes below the freezing point, and
  3. quantaREV® which is used for continuous, high-volume low-temperature drying.

An additional platform, freezeREV®, is being developed as a new method to stabilize and dehydrate biopharmaceuticals such as vaccines and antibodies. More information about EnWave is available at

EnWave Corporation

Mr. Brent Charleton, CFA

President and CEO

Safe Harbour for Forward-Looking Information Statements: This press release may contain forward-looking information based on management’s expectations, estimates and projections. All statements that address expectations or projections about the future, including statements about the Company’s strategy for growth, product development, market position, expected expenditures, and the expected synergies following the closing are forward-looking statements. All third party claims referred to in this release are not guaranteed to be accurate. All third party references to market information in this release are not guaranteed to be accurate as the Company did not conduct the original primary research. These statements are not a guarantee of future performance and involve a number of risks, uncertainties and assumptions. Although the Company has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements.

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.

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