"Patience is a Super Power" - "The Money is in the waiting"

Monday, October 26, 2015

Primero Mining Corp Continues to Grow Black Fox at Depth and Announces Wide Extension of the Froome Zone

SOURCE: Primero Mining Corp.
Primero Mining Corp.
October 26, 2015 06:50 ET



TORONTO, ON--(Marketwired - October 26, 2015) - Primero Mining Corp. ("Primero" or the "Company") (TSX: P) (NYSE: PPP) today announces further extensions to the Deep Central Zone at the Company's Black Fox mine, located near Timmins, Ontario, Canada. Primero additionally reports the expansion of the Froome zone, located approximately 1 kilometre west of the open-pit at its Black Fox Complex.
Highlights:
  • Black Fox Continues to Grow at Depth: Wide intercepts demonstrate the continuation of high-grade mineralization at depth and include highlights of 16.0 grams per tonne ("g/t") gold over 11.9 metres (520-EX482-76) and 15.4 g/t gold over 10.9 metres (520-EX482-64) located over 800 metres below surface.
  • Delineation Drilling Continues to Grow the High-Grade Deep Central Zone: Results from the Deep Central Zone including 10.9 g/t gold over 10.5 metres (580-F392-38A), 8.7 g/t gold over 9.1 metres (580-F392-37) and 9.2 g/t gold over 8.4 metres (580-F392-41) have given Primero increased confidence in the wide, high-grade mineralization characteristics of this zone.
  • New Gold Zone Materializing at Black Fox: Recent drilling from the Froome zone, located 1 kilometre west of the Black Fox open-pit, include long mineralized intercepts of 5.1 g/t gold over 56.7 metres (15PR-G015),4.8 g/t gold over 52.4 metres (15PR-G007) and 5.1 g/t gold over30.9 metres (15PR-G013), demonstrating considerable continuity over long mineralized intervals.
  • Gibson South Zone Shows Promise: Highlights include 5.2 g/t gold over 34.0 metres (GF15-1043), and 6.4 g/t gold over 7.0 metres (GF15-1045) at the Gibson South deposit, located 300 metres to the southwest of the Grey Fox Contact zone.
"Our 2015 exploration program at Black Fox continues to exceed expectations, reaffirming our original investment thesis that the high-grade gold mineralization is much more extensive than previously identified," commented Joseph F. Conway, Chief Executive Officer. "Exploration drilling is already expected to have replaced our estimated full-year underground production at Black Fox, encouraging us that with continued success we'll be able to grow our resources beyond depletion this year. The extension of the Froome zone into a wide, continuous mineralized zone, located near the Black Fox mine confirms our belief that there remains significant exploration upside outside of the identified deposits at the Black Fox Complex."
Black Fox Continues to Grow at Depth
Today Primero announces additional drilling from the Black Fox mine, targeting the high-grade mineralization in the Deep Central Zone, located between the mine's 600 metre level and the 820 metre level. Two exploration holes have encountered the deeper extensions of this mineralized zone, returning long intercepts including 16.0 grams per tonne ("g/t") gold over 11.9 metres (520-EX482-76) and 15.4 g/t goldover 10.9 metres (520-EX482-64). Both intersections are located over 800 metres below surface.
Delineation drilling also targeting the Deep Central Zone continues to demonstrate wide intervals of high-grade mineralization. Specific highlights include 10.9 g/t gold over 10.5 metres (580-F392-38A), 8.7 g/t gold over 9.1 metres (580-F392-37) and 9.2 g/t goldover 8.4 metres (580-F392-41). The area remains open along strike and down dip and is expected to continue to expand with the results of additional exploration drilling.
Underground exploration drilling results are included in Table 1 with locations identified in Figure 1.
Table 1: Deep Central Zone - Highlighted Drilling Results
             
             
Hole  From
(m)
 To
(m)
 Core Length
(m)
 Gold Grade
(g/t)
520-EX482-64  361.4  372.3  10.9  15.4
520-EX482-76  366.4  378.3  11.9  16.0
520-L401-63A  334.0  339.5  5.5  7.6
 and  341.0  343.1  2.1  15.0
520-L401-67  337.0  345.5  8.5  7.6
580-F392-37  145.2  154.3  9.1  8.7
580-F392-38A  114.6  117.8  3.2  8.7
 and  129.7  140.1  10.5  10.9
580-F392-39A  129.6  132.5  2.9  11.2
 and  137.3  140.6  3.3  6.8
 and  148.8  155.2  6.4  5.3
580-F392-40  151.9  153.7  1.8  18.3
580-F392-41  152.0  160.4  8.4  9.2
580-F392-46  104.0  106.5  2.5  14.0
 and  119.0  122.6  3.6  4.8
          
          
*All assays are capped at 30 g/t gold, average gold grades over core length widths.
Froome Zone Demonstrates Black Fox's Continued Prospectiveness
The Company's surface drilling program at Black Fox has also been successful in expanding the Froome zone discovery. The Froome zone, located approximately 1 kilometre west of the Black Fox open-pit, was initially encountered in late-2014 and intersected by the discovery hole 14BF-591 which targeted a strong Induced Polarization ("IP") chargeability anomaly. Results from this initial hole were reported in the Company's February 23, 2015 news release and highlighted a long intercept of continuous mineralization grading 1.7 g/t gold over 66.0 metres. The Froome zone became a priority for 2015 surface exploration, and to-date 39 holes have targeted this new mineralized area.
Highlighted recent drill results from the Froome zone include 5.1 g/t gold over 56.7 metres (15PR-G015) and 4.8 g/t gold over 52.4 metres (15PR-G007) both less than 200 metres below surface, and provide the Company with confidence that this area could continue to expand. The Froome zone continues to be a priority for surface exploration through the remainder of 2015 and 2016.
The Froome zone demonstrates considerable continuity of mineralization and extends laterally over 500 metres dipping 70 to 75 degrees and is located along the highly prospective Gibson-Kelore Fault Zone ("GKFZ"). The GKFZ has been interpreted to be a southeast trending 2nd order splay of the Destor Porcupine Fault Zone ("DPFZ"), which is the major fault structure controlling much of the gold mineralization in the Timmins Gold Camp. The GKFZ is projected to originate from the DPFZ a few kilometres west-northwest of the Black Fox deposit, trending southeast and gradually splitting near the Grey Fox 147 zone at the south boundary of the Black Fox Complex properties.
The GKFZ is an economically important regional structure hosting a series of significant gold deposits including the 147, Contact, Gibson, and Gibson South zones at Grey Fox. It also hosts the two Hislop open-pit deposits, and the Ross Gold Mine. These deposits are all hosted along a 4 to 5 kilometre stretch of this fault.
Additional drilling is still required to fully define the extension of the Froome zone, which is open to the east, west, and at depth. The zone has been traced to the bedrock surface, located 30 metres below the ground surface level. Primero expects to complete approximately 9,000 metres (30 holes) of additional drilling in 2015 at the Froome zone.
Highlighted exploration drilling results from the Froome zone are included in Table 2 with locations identified in Figure 2. The true depth of the Froome intercepts listed below is approximately 100 metres below surface.
Table 2: Froome Zone - Highlighted Surface Exploration Drilling Results
             
             
Hole  From
(m)
 To
(m)
 Core Length
(m)
 Gold Grade
(g/t)
14BF-591 (previously reported)  219.0  285.0  66.0  1.7
15PR-G007  191.6  244.0  52.4  4.8
15PR-G010  349.0  352.0  3.0  4.5
15PR-G012  280.0  306.3  26.3  2.9
15PR-G013  176.9  207.8  30.9  5.1
 And  213.0  225.5  12.5  2.5
 And  275.0  277.5  2.5  6.2
15PR-G014  214.7  258.5  43.8  4.9
 Including  231.8  240.1  8.4  10.1
15PR-G015**  160.9  217.6  56.7  5.1
15PR-G042A  124.3  162.5  38.3  4.5
         
         
*All assays are capped at 100 g/t gold, average gold grades over core length widths.
**90 assay intervals (less than 1.0 metre each) are still pending for hole 15PR-G015.
Gibson South Zone Continues to Show Promise
Primero also announces recent drilling results from its Grey Fox project, located approximately 4 kilometres south-east of the Black Fox mine. The Grey Fox project currently includes two potential open-pits at the Contact and 147 zones, but the Grey Fox property also contains a number of other mineralized zones (Grey Fox South, Whisky Jack, Gibson, and Gibson South zones), all within close proximity to each other. These zones also have the potential to become additional sources of ore as part of the Black Fox Complex and are within trucking distance of the Black Fox mill facility.
Similar to the Froome zone, as described above, the Gibson South zone is also located along the GKFZ. The Gibson South zone is located approximately 300 metres southwest of the Contact Zone and south of the historic Gibson Decline, which was used in 1989 to extract an 8,000 tonne bulk sample with an average grade of 27.4 g/t.
Recent drilling at the Gibson South zone has returned results including 5.2 g/t gold over 34.0 metres (GF15-1043).
Highlights of Gibson South zone exploration drill results are included in Table 3 with locations identified in Figure 3.
Table 3: Gibson South Zone - Highlighted Surface Exploration Drilling Results
             
             
Hole  From
(m)
 To
(m)
 Core Length
(m)
 Gold Grade
(g/t)
GF15-1016  317.0  324.0  7.0  5.0
GF15-1043  305.0  339.0  34.0  5.2
GF15-1045  370.0  377.0  7.0  6.4
         
         
*All assays are capped at 100 g/t gold, average gold grades over core length widths.
The majority of 2015 drilling has been focused on infilling the Contact zone. This drilling continues to confirm the continuity mineralization within that zone. The two main Grey Fox area deposits, Contact zone and 147 zone have now been drilled off at 15 metre centres.
Highlights of Contact zone infill drill results are included in Table 4 with locations identified in Figure 3.
Table 4: Contact Zone - Highlighted Surface Exploration Drilling Results
             
             
Hole  From
(m)
 To
(m)
 Core Length
(m)
 Gold Grade
(g/t)
GF15-1013  24.00  37.00  13.0  4.1
GF15-1024  59.00  83.00  24.0  3.0
GF15-1027  82.00  85.60  3.6  8.8
GF15-1031  116.00  125.00  9.0  5.8
GF15-1034  127.65  150.00  22.4  6.3
         
         
*All assays are capped at 100 g/t gold, average gold grades over core length widths.
Black Fox Complex drilling was conducted by Norex Drilling supervised by Primero's exploration team. Mr. Gabriel Voicu, P. Geo., Vice President Geology and Exploration, reviewed the technical exploration information in this news release as the Qualified Person ("QP") for the Company for the purposes of National Instrument 43-101 ("NI 43-101"). All samples are 1/2 core and analyses reported herein were performed by the independent laboratories Polymet Labs of Cobalt, Ontario, which is ISO 9001:2000 certified in North America using standard fire assay procedures, AGAT Laboratories of Mississauga, Ontario, which is ISO 9001/IEC17025 certified, Accurassay Laboratories, which is ISO/IEC 17025 certified, ALS Laboratories, which is ISO 9001/IEC17025 certified, SGS Canada Laboratories, which is ISO9001/IEC17025 certified, using fire assay with ICP-OES finish or using gravimetric finish for values generally over 10 g/t gold, or Swastika Laboratories, which is ISO 17025 certified. Intercepts cited do not necessarily represent true widths, however drilling is generally intersecting interpreted mineralized zones at a high angle. Primero's quality control program includes systematic insertion of blanks, standard reference material and duplicates to ensure laboratory accuracy. Generally, in a block of twenty samples one will be a duplicate, one will be a standard and one will be a blank.
About Primero
Primero Mining Corp. is a Canadian-based precious metals producer that owns 100% of the San Dimas gold-silver mine and the Cerro del Gallo gold-silver-copper development project in Mexico and 100% of the Black Fox mine and adjoining properties in the Township of Black River‐Matheson near Timmins, Ontario, Canada. Primero offers immediate exposure to un-hedged, below average cash cost gold production with a substantial resource base in politically stable jurisdictions. The Company is focused on becoming a leading intermediate gold producer by building a portfolio of high quality, low cost precious metals assets in the Americas.
Primero's website is www.primeromining.com.
TECHNICAL INFORMATION AND QUALIFIED PERSON NOTES
The scientific and technical information regarding exploration results contained herein is based on information prepared by or under the supervision of Mr. Gabriel Voicu P.Geo., Vice President, Geology and Exploration, of Primero and a QP for the purposes of National Instrument 43-101 ("NI 43-101"). Mr. Voicu has reviewed and approved the contents of this news release.
CAUTIONARY STATEMENT ON FORWARD-LOOKING INFORMATION
This news release contains "forward-looking statements", within the meaning of the United States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities legislation, concerning the business and operations of Primero Mining Corp. and its consolidated subsidiaries (collectively, "Primero" or the "Company"). All statements, other than statements of historical fact, are forward-looking statements. Generally, forward-looking statements can be identified by the use of forward-looking terminology such as "plans", "expects", "is expected", "in order to", "is focused on" (a future event), "estimates", "forecasts", "intends", "anticipates", "believes" or variations of such words and phrases or statements that certain actions, events or results "may", "could", "would", or the negative connotation thereof. Forward-looking information is also identifiable in statements of currently occurring matters which will continue in future or other statements that may be stated in the present tense and are not historical facts.
Forward-looking statements include, but are not limited to, statements regarding the Company's estimation of mineral reserves and resources and the realization of mineral reserve estimates (including all assumptions), the ability to identify new resources and convert resources into reserves and resources, the ability to access or find ore below the current mining level, the timing, nature and success of exploration activities, the ability to replace its estimated 2015 full-year production, and intentions to becoming an intermediate gold producer. The assumptions made by the Company in preparing the forward-looking information contained in this news release, which may prove to be incorrect, include, but are not limited to: the expectations and beliefs of management; the specific assumptions set forth above in this news release; that there are no significant disruptions affecting operations; that the Company does not change its development and exploration plans; that prices for gold and silver remain consistent with the Company's expectations; that the Company identifies new mineralization and extensions of existing mineralization, that the Company's current estimates of mineral reserves, mineral resources, mineral grades and mineral recovery are accurate, the discovery of additional ounces close to infrastructure and that mine development progresses as planned.
Forward-looking statements are subject to known and unknown risks, uncertainties and other important factors that may cause the actual results, performance or achievements of Primero to be materially different from those expressed or implied by such forward-looking statements, including: the ability to achieve planned production levels; the ability to fund exploration and development expenditures and for the expenditures to discover mineralization in minable quantities; possible variations in ore reserves, grade or recovery rates, mine development and operating risks; that there are no significant disruptions affecting operations, whether due to labour disruptions, supply disruptions, damage to or loss of equipment, whether as a result of natural occurrences including flooding, political changes, title issues, intervention by local landowners, loss of permits, or environmental concerns or otherwise; uncertainty of mineral reserves, mineral resources, mineral grades and mineral recovery estimates; uncertainty of future production, exploration and development plans; mining risks, including unexpected formations and cave-ins, which delay operations or prevent extraction of material; risks associated with foreign operations; governmental and environmental regulation; landowner dissatisfaction and disputes; damage to equipment; and the ability to build a portfolio of precious metals assets in the Americas. Certain of these factors are discussed in greater detail in Primero's registration statement on Form 40-F on file with the U.S. Securities and Exchange Commission, and its most recent Annual Information Form on file with the Canadian provincial securities regulatory authorities and available at www.sedar.com. Should one or more of these risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking statements. In addition, although Primero has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, 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 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.
Forward-looking statements are made as of the date hereof and accordingly are subject to change after such date. Forward-looking statements are provided for the purpose of providing information about management's current expectations and plans and allowing investors and others to get a better understanding of our operating environment. Primero does not undertake to update any forward-looking statements that are included in this document, except in accordance with applicable securities laws.
Image Available: http://www.marketwire.com/library/MwGo/2015/10/26/11G068958/Images/BF_Highlight_Holes_FINAL-1188292015719.jpg
Image Available: http://www.marketwire.com/library/MwGo/2015/10/26/11G068958/Images/Froome_Map_October_19th,_2015-881063557483.jpg
Image Available: http://www.marketwire.com/library/MwGo/2015/10/26/11G068958/Images/GF_Map_October_19th,_2015-70484734502.jpg
Attachment Available: http://www.marketwire.com/library/MwGo/2015/10/26/11G068958/PR20-15_BF_Exploration_Release_Final-1298314484896.pdf

Contact Information


For further information, please contact:
Evan Young
Manager, Investor Relations
Tel: (416) 814-2694
eyoung@primeromining.com

Monday, September 21, 2015

IBC Engineered Materials signs two more contracts after deal signed with Lockheed

IBC Engineered Materials Receives Two Orders 
from Asian Firms

Wilmington, MA, September 21, 2015. IBC Advanced Alloys Corp. (OTCQX: IAALF and TSX-V: IB) ("IBC" or the "Company") a leading advanced alloys and precision castings company, reports that its Engineered Materials division has received two new orders totaling more than US$1.2 million from an existing Asian precision manufacturing customer. Deliveries of the finished cast components are expected to begin in the first quarter of fiscal 2016 and IBC is confident of additional business.


Engineered Materials President Chris Huskamp said, "IBC's business development initiatives focus on expanding our high performance castings product line while improving margins and operating efficiencies. We have identified a wide range of new opportunities and are engaged with several groups. While IBC is currently focusing on the aerospace sector for its Beralcast® alloys," continued Huskamp, "high performance manufacturing is a growing opportunity for IBC. Robotics, precision manufacturing and automated assembly rely on highly sophisticated materials and IBC sees many opportunities for Beralcast® where precision, light weight and high modulus are essential operating requirements."
IBC is expanding its business development initiatives to meet the growing global demand for specialty high performance and high modulus cast alloy products. Asian markets are increasingly important and IBC will continue to leverage its expertise in these dynamic economies. IBC's customer has contracted for specialized high performance castings to improve the efficiency and effectiveness of their manufactured product where tight operating tolerances and vibration dampening characteristic are critical performance measures. The customer identity has not been disclosed for competitive reasons.
"IBC is building a strong reputation as a materials solutions provider and continues to build momentum with both our Copper Alloys division and our high modulus lightweight Beralcast® alloys," said Anthony Dutton, President and CEO of IBC Advanced Alloys. "We are committed to supporting our customers, their commitment to manufacturing excellence and their need for advanced materials that exceed critical performance targets."
Beralcast® alloys are ideally suited to many aerospace applications where lightweight, high modulus and cost are critical performance factors. The principal Beralcast® alloys are three times stiffer than aluminum with 22% less weight and can be substituted for aluminum, magnesium, titanium, metal matrix composites as well as pure beryllium or powder metallurgy beryllium-aluminum.

Wednesday, September 9, 2015

Sniper Advanced Targeting Pod in sights of IBC Advanced Alloys Corp

IBC Advanced Alloys Corp.IBC Advanced Alloys Corp.
OTCQX : IALAF
TSX VENTURE : IB



September 09, 2015 09:00 ET

IBC Engineered Materials Awarded Hard Tooling Contract for Lockheed Martin's Sniper® Advanced Targeting Pod Components



WILMINGTON, MASACHUSSETS and VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sept. 9, 2015) - IBC Advanced Alloys Corp. (OTCQX:IALAF) (TSX VENTURE : IB) ("IBC" or the "Company") has been awarded an investment casting hard tooling contract from Lockheed Martin for its Sniper® Advanced Targeting Pod (ATP) components.

Under the terms of the contract, IBC, through its Engineered Materials division, will be responsible for the design, manufacture and implementation of the hard tooling to be used as a part of the final qualification process to establish and qualify Beralcast® castings as an effective beryllium-aluminum alternative for precision targeting components for Sniper ATP.

Chris Huskamp, President of IBC's Engineered Materials division said, "Sniper ATP is an interoperable system across multiple aircraft platforms and sets the benchmark for next-generation electro-optical targeting systems. 

 Our family of castable beryllium aluminum alloys, or Beralcast®, is ideal for applications such as Sniper ATP where weight, modulus and temperature stability (CTE) are critical performance factors. We are delighted," continued Huskamp, "to be expanding our relationship with Lockheed Martin and are proud to be part of the Sniper program."

Sniper ATP provides pilots with high-resolution imagery for precision targeting and non-traditional intelligence, surveillance and reconnaissance missions. Sniper ATP is the most widely deployed targeting system for fixed-wing aircraft in use by the U.S. Air Force and is the targeting system of choice for 20 international air forces.

In addition to fulfilling precision strike mission requirements, Sniper ATP is changing the way armed forces operate in theater with new capabilities to meet the challenges of non-traditional intelligence, surveillance and reconnaissance.

Beralcast® alloys can be used in virtually any high performance application requiring complex, lightweight and high-stiffness parts and can be substituted for aluminum, magnesium, titanium, metal matrix composites as well as pure beryllium or powder metallurgy beryllium-aluminum. Beralcast's® principal alloys are more than three times stiffer than aluminum with 22% less weight and can be precision-cast for simple and complex three-dimensional stability. These high-modulus alloys are ideal for high performance industrial and high tech components as well as for a wide range of aerospace applications.

Image of Sniper® Advanced Targeting Pod (ATP)

About IBC Advanced Alloys Corp.
IBC is an integrated manufacturer and distributor of rare metals (beryllium) based alloys and related products serving a variety of industries including nuclear energy, automotive, telecommunications and a range of industrial applications. IBC has 80 employees and is headquartered in Vancouver, Canada with production facilities in Indiana, Massachusetts, Pennsylvania and Missouri. IBC is creating a dynamic global beryllium and advanced alloys company. IBC's common shares are traded on the TSX Venture Exchange under the symbol "IB" and the OTCQX under the symbol "IAALF".
This news release was prepared by management of IBC, which takes full responsibility for its contents. The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy of this news release. Neither 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.
This disclosure contains certain forward-looking statements that involve substantial known and unknown risks and uncertainties, certain of which are beyond the Company's control including: the impact of general economic conditions in the areas in which the Company operates, industry conditions, changes in laws and regulations including the adoption of new environmental laws and regulations and changes in how they are interpreted and enforced, increased competition, the lack of availability of qualified personnel or management, limited availability of raw materials, fluctuations in commodity prices, foreign exchange or interest rates, stock market volatility and obtaining required approvals of regulatory authorities. In addition there are risks and uncertainties associated with manufacturing activities therefore the Company's future results, performance or achievements could differ materially from those expressed in these forward-looking statements. All statements included in this press release that address activities, events or developments that the Company expects, believes or anticipates will or may occur in the future are forward-looking statements. These statements are based on assumptions made by the Company based on its experience, perception of historical trends, current conditions, expected future developments and other factors it believes are appropriate in the circumstances.

Contact Information


IBC Advanced Alloys Corp.
Ian Tootill
Director of Corporate Communications
(604) 685-6263 ext. 110
itootill@ibcadvancedalloys.com
www.ibcadvancedalloys.com

Vorticom Public Relations
Nancy Tamosaitis
(212) 532-2208
nancyt@vorticom.com

Also see:

IBC supplies Lockheed Martin's F-35 Fighter Jet EOTS system housing!

Thursday, September 3, 2015

Analyst sees 250% upside for Timmins Gold Corp - TSEv - TMM

Timmins Gold Corp
 
TMM-TSX 
TGD-NYSE
Financial Analysis by Ringler Research: Reveals TMM valued at $1.40 per share trading today at .345c Original Research from Ringler Research, a brand of Ringler Consulting and Research GmbH Analyst: Carsten Ringler Type of study:

 Projected upside potential to the analytical valuation price target: 250% Sector: Mining and Metals ISIN Nummer: CA88741P1036 WKN Wertpapierkennnummer: A0KFSM

 Timmins Gold Corp., which owns and develop various precious metals projects in Mexico. The author Carsten Ringler: "We like the high resource base of approximately 6.4 million ounces Gold and the medium to long-term production growth potential in the next few years. The Company has currently a very low market valuation and offers a high leverage in a rising precious metal prices environment. " 

 About the company: Timmins Gold Corp is a gold producer in Mexico. The current flagship project

"San Francisco Mine" is located about 150 km north of the capital city Hermosillo, which is in the state Sonora. The "San Francisco" mine is an open pit operation and the ore is processed in a multistage process thereafter. In 2014, a total of 121,573 ounces GoldEq were mined and processed with low cash cost AISC of 925 USD GoldEq ounce. The company expect to produce in 2015 between 100-110.000 ounces gold at cash cost of 875-925 USD. The project portfolio also includes the Mexican Gold Projects "Caballo Blanco" and "Ana Paula". It is planned, that both projects will be brought into production in the next few years.  

Timmins Gold is listed on the Canadian Stock Exchange and the Frankfurt Stock Exchange. More information about the projects and the company can be found at:

 www.timminsgold.com
 TGD-NYSE

Tuesday, September 1, 2015

Lockheed Martin orders more Beralcast(R) Castings for F-35 Lightning II from supplier, IBC Advanced Alloys


IBC Advanced Alloys Corp. (OTCQX: IAALF) (TSX VENTURE: IB) ("IBC" or the "Company") announces that Lockheed Martin has issued IBC a second contract to produce components for the F-35 Lightning II Electro-Optical Targeting System (EOTS).

This purchase order extends production of a component contract announced in September 2014, an EOTS azimuth gimbal housing manufactured using Beralcast(R), the Company's proprietary and high performance beryllium-aluminum casting alloy.

On July 13, 2015 IBC announced successful delivery of first article components for low rate initial production (LRIP) lots 7 and 8. This follow on purchase order is for subsequent LRIP years and will cover new planes and related spares and has a minimum contract value of more than $2 million. The EOTS, produced by Lockheed Martin, is integrated on all F-35 variants; planned production quantities are estimated to be over 3,000 aircraft with deliveries through 2035.

The quantity of components specified under this purchase order is approximately double that for LRIP lots 7 and 8 reflecting accelerated production of the F-35 Lightning II. First deliveries are scheduled for September 2015 when IBC will deliver near-net-shape castings directly to Lockheed Martin which will then separately contract for finishing and final machining. Lockheed Martin has agreed to a long lead time procurement provision for key materials to ensure continued production. 

"We are delighted to receive another purchase order for the EOTS azimuth gimbal housing on the F-35 Lightning II," said Anthony Dutton, CEO and President of IBC Advanced Alloys. "This continues our substantial progress with Lockheed Martin since our initial purchase order was announced in 2014. To date, Beralcast(R) proprietary beryllium-aluminum casting alloys have had validation from Lockheed Martin, and two other major aerospace companies," continued Dutton, "and we look forward to continuing to work with the aerospace industry to provide Beralcast(R) solutions for complex aerospace applications where modulus and weight are key performance drivers."

The F-35 Lightning II, a 5th generation fighter, combines advanced low observable stealth technology with fighter speed and agility, fully fused sensor information, network-enabled operations and advanced sustainment. Three distinct variants of the F-35 will replace the A-10 and F-16 for the U.S. Air Force, the F/A-18 for the U.S. Navy, the F/A-18 and AV-8B Harrier for the U.S. Marine Corps, and a variety of fighters for at least 10 other countries.

About IBC Advanced Alloys Corp.
IBC is an integrated manufacturer and distributor of rare metals (beryllium) based alloys and related products serving a variety of industries including nuclear energy, automotive, telecommunications and a range of industrial applications. IBC has 80 employees and is headquartered in Vancouver, Canada with production facilities in Indiana, Massachusetts, Pennsylvania and Missouri. IBC is creating a dynamic global beryllium and advanced alloys company. IBC's common shares are traded on the TSX Venture Exchange under the symbol " IB" and the OTCQX under the symbol "IAALF".
This news release was prepared by management of IBC, which takes full responsibility for its contents. The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy of this news release. Neither 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.
This disclosure contains certain forward-looking statements that involve substantial known and unknown risks and uncertainties, certain of which are beyond the Company's control including: the impact of general economic conditions in the areas in which the Company operates, industry conditions, changes in laws and regulations including the adoption of new environmental laws and regulations and changes in how they are interpreted and enforced, increased competition, the lack of availability of qualified personnel or management, limited availability of raw materials, fluctuations in commodity prices, foreign exchange or interest rates, stock market volatility and obtaining required approvals of regulatory authorities. In addition there are risks and uncertainties associated with manufacturing activities therefore the Company's future results, performance or achievements could differ materially from those expressed in these forward-looking statements. All statements included in this press release that address activities, events or developments that the Company expects, believes or anticipates will or may occur in the future are forward-looking statements. These statements are based on assumptions made by the Company based on its experience, perception of historical trends, current conditions, expected future developments and other factors it believes are appropriate in the circumstances.
Contacts:
IBC Advanced Alloys Corp.
Ian Tootill
Director of Corporate Communications
+1 (604) 685-6263 ext 110
itootill@ibcadvancedalloys.com
www.ibcadvancedalloys.com

Vorticom Public Relations
Nancy Tamosaitis
(212) 532-2208
nancyt@vorticom.com


SOURCE: IBC Advanced Alloys Corp.

Thursday, August 27, 2015

IBC Advanced Alloys Appoints Chris Huskamp Acting President of IBC Engineered Materials

IBC Advanced Alloys Corp.IBC Advanced Alloys Corp.
TSX VENTURE :IB
OTCQX : IAALF



August 26, 2015 09:00 ET


WILMINGTON, MASSACHUSETTS and VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 26, 2015) - IBC Advanced Alloys Corp. (OTCQX:IAALF)(TSX VENTURE:IB) ("IBC" or the "Company") is pleased to announce that it has appointed Mr. Chris Huskamp as acting President of its subsidiary IBC Engineered Materials Corp. ("EMC"). Mr. Huskamp is an advanced automotive and aerospace materials expert and has been with the Company since 2011, initially as a consultant, and since 2014, as Vice President of Business and Technical Development.
"I am very excited by the aerospace, automotive and wider market opportunities for IBC and our Beralcast® alloys," said Chris Huskamp, "and look forward to working closely with our growing customer base to realize the potential of these important alloys. Design engineers are increasingly focused on weight savings while cost effectively maintaining strong materials performance," continued Huskamp. "IBC's Beralcast® alloys offer a wide range of excellent benefits and represent an exciting growth opportunity."
Prior to joining IBC, Chris was an Associate Technical Fellow at The Boeing Company in St. Louis where he developed high performance materials solutions for military and commercial aerospace projects. At IBC he has focused on aerospace applications for Beralcast®, the Company's proprietary beryllium aluminum casting alloys, and has been a key member of IBC's team providing Lockheed Martin with Beralcast® components for the F-35 Lightning II program.
"Chris has proven himself an indispensable asset to IBC and its customers and we are excited to be working with him in this new role," said Anthony Dutton, President and CEO of IBC Advanced Alloys. "His experience, enthusiasm and leadership skills will be invaluable for the growth of EMC and Beralcast®."
Mr. Huskamp is replacing Mr. Ray White who has resigned as President of EMC. "Ray White was critical in establishing IBC as a leading supplier of beryllium aluminum cast components," said Anthony Dutton. "I want to thank Ray for his role in founding, developing and positioning EMC for growth."
With his compensation, Mr. Huskamp will be awarded an additional options package with standard vesting provisions. The options, priced at C$0.12, are being awarded as part of an aggregate award of 1,200,000 options to include other consultants, directors and officers.
About IBC Advanced Alloys Corp.
IBC is an integrated manufacturer and distributor of rare metals (beryllium) based alloys and related products serving a variety of industries including nuclear energy, automotive, telecommunications and a range of industrial applications. IBC has 80 employees and is headquartered in Vancouver, Canada with production facilities in Indiana, Massachusetts, Pennsylvania and Missouri. IBC is creating a dynamic global beryllium and advanced alloys company. IBC's common shares are traded on the TSX Venture Exchange under the symbol "IB" and the OTCQX under the symbol "IAALF."
This news release was prepared by management of IBC, which takes full responsibility for its contents. The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy of this news release. Neither 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.

Contact Information

Tuesday, July 21, 2015

Lomiko Hires Drilling Company for La Loutre Crystalline Flake Graphite Property for Resource Assessment



VANCOUVER, British Columbia & MONTREAL, July 21, 2015 (GLOBE NEWSWIRE) -- LOMIKO METALS INC. (TSX-V:LMR) (OTC:LMRMF) (FSE:DH8B) (the "Company") and Canada Strategic Metals (TSX-V:CJC) are pleased to announce that Forage Val D'Or Inc. has been awarded the contract for up to 10,000 metre drilling program at the La Loutre Crystalline Flake Graphite Properties located in Quebec. Over the past month since exploration began, crews have been prospecting, detail mapping and sampling, which will be followed by building roads and drill pads at the site.


"Flake Graphite has unique characteristics that makes it a better conductor of electricity and heat than copper," stated A. Paul Gill. "It will have an expanding role in a new green economy in new batteries, lighting, lubricants, printable electronics and in the nuclear industry."

(Notes: Lithium Ion Batteries now use 10 times as much Graphite as lithium)



To view jumbo flake graphite from La Loutre Property, please visit: http://orders.newsfilecorp.com/files/1944/16390_loutre03.jpg

The 2014 drilling program at La Loutre was managed by Consul-Teck Exploration of Val-d'Or, Quebec, who designed and will oversee the 2015 drilling campaign. The full set of drill results were reported in the February 9, 2015 news release.

After the current program is complete, the property will be assessed for a resource and if warranted, a pre-economic assessment (PEA). The primary focus is intersections which start within 15 metres of the surface as highlighted below. Viable near surface mineralization reduces the amount of waste rock that needs to be moved, reducing overall cost of the project and reducing environmental impact. The target cost per metric tonne of graphite from Canada to compete with graphite from China is under $800/per metric tonne USD.

The La Loutre Property reported grab samples up to 22.04% Carbon Flake Graphite (CFG) and Carbon Purity Test results reporting up to 100%. Carbon Purity in the Large and Extra Large Flake Graphite categories. Details regarding these tests are available in a September 23, 2014 news release.
Jean-Sebastien Lavallée (OGQ #773), geologist, shareholder and a Qualified Person as defined by National Instrument 43-101, has reviewed and approved the technical content of this release.
For more information, review the website at www.lomiko.com, contact A. Paul Gill at 604-729-5312 or email: Info@lomiko.com


On Behalf of the Board
"A. Paul Gill"
Chief Executive Officer
We seek safe harbor. Neither 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.

Monday, July 20, 2015

Fear tops Greed in Markets

•Rueters
Morgan Stanley profit falls on compensation costs, tax provision
Morgan Stanley reported an 8.5 percent fall
in quarterly profit, hurt by a rise in
compensation costs and as the sixth-la
rgest U.S. bank by assets set aside
more money to cover taxes.
Halliburton profit falls 93 pct
on lower drilling activity, charges
The oilfield services provider reported a
93 percent fall in quarterly profit as oil
producers pummeled by a steep decline in oil prices cut drilling activity, and
the company incurred about $400 million in charges.
Greek banks reopen as Tsipras eyes return to normal
Greeks queued outside banks as they reopened three weeks after closing to
stop the system collapsing, the first cautious sign of a return to normal after a
deal to start talks on a new package of bailout reforms.
Toymaker Hasbro's sales fall 4 pct due to strong dollar
The U.S. toymaker reported a near 4 percent fall in quarterly revenue, hurt by
the strong dollar.
Barclays has not set new target for job cuts -sources
Barclays has set no new targets to cut jobs beyond the 19,000 redundancies
which it announced in May last year, sources familiar with the matter said on
Monday, playing down a report of further reductions. 



  1. News is just breaking that their pink paper could be moving to new owners. ... European stock markets have risen this morning, with the main indices up around 1% in a fairly ...
  2. Gwynne Dyer: Are China's stock markets experiencing a dead cat bounce?
    Straight.com -
  3. Fear Trumps Greed in Silicon Valley

Monday, July 13, 2015

IBC Advanced Alloys Delivers First Articles EOTS Components for the Lockheed Martin F-35 Lightning II



July 13, 2015

WILMINGTON, MA and VANCOUVER, - IBC Advanced Alloys Corp. (OTCQX: IAALF and TSX-V: IB;) ("IBC" or the "Company"), a leading advanced alloys and precision castings company, has successfully delivered its first completed Beralcast® azimuth gimbal housing components to Lockheed Martin. The articles will be used in the Lockheed Martin F-35 Lightning II Electro Optical Targeting System (EOTS).

Lockheed Martin's EOTS provides affordable, high-performance multi-function targeting to the F-35's full spectrum of military operations. It is the first sensor to combine forward-looking infrared and infrared search and track functionality to provide F-35 pilots with situational awareness and air-to-air and air-to-surface targeting from a safe distance. The technology enables aircrews to identify areas of interest, perform reconnaissance and precisely deliver laser- and GPS-guided weapons.
Ray White, President of IBC Engineered Materials Corp. said, "Successful first article delivery of Beralcast® components to Lockheed Martin raises the bar for high performance aerospace applications delivered with cost and lead time savings. This is an important milestone for both IBC and the aerospace industry," continued White, "and we look forward to continuing to support Lockheed Martin and aerospace with IBC's Beralcast® cast alloys."


The first contract for Beralcast® azimuth gimbal housing components for OEM aircraft fitted with EOTS systems and spares for low-rate initial production (LRIP) Lots 7 and 8 was announced September 8, 2014. Beralcast® alloys are ideally suited to many aerospace applications where lightweight, high modulus and cost are critical performance factors. The principal Beralcast® alloys are three times stiffer than aluminum with 22% less weight and can be substituted for aluminum, magnesium, titanium, metal matrix composites as well as pure beryllium or powder metallurgy beryllium-aluminum.

About IBC Advanced Alloys Corp.
IBC is an integrated manufacturer and distributor of rare metals (beryllium) based alloys and related products serving a variety of industries including nuclear energy, automotive, telecommunications and a range of industrial applications. IBC has 80 employees and is headquartered in Vancouver, Canada with production facilities in Indiana, Massachusetts, Pennsylvania and Missouri. IBC is creating a dynamic global beryllium and advanced alloys company. IBC's common shares are traded on the TSX Venture Exchange under the symbol "IB" and the OTCQX under the symbol "IAALF."
This news release was prepared by management of IBC, which takes full responsibility for its contents. The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy of this news release. Neither 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 IBC Advanced Alloys Corp.

Image : "Azimuth gimbal housing seen in bottom center of Lockheed Martin F-35 Lightning II Electro Optical Targeting System (EOTS). Photo courtesy of Lockheed Martin Corporation. Copyright 2015. (IBC Advanced Alloys Corp.)".



For further information: IBC Advanced Alloys Corp., Ian Tootill, Director of Corporate Communications, (604) 685-6263 ext. 110, Email: itootill@ibcadvancedalloys.com, Website: www.ibcadvancedalloys.com; Vorticom Public Relations, Nancy Tamosaitis, (212) 532-2208, nancyt@vorticom.com

For the latest from IBC Click Here--> IBC Advanced Alloys Presentation

Friday, July 10, 2015

Sernova Corp. Announces Collaboration with Massachusetts General Hospital to Develop Novel Diabetes Treatment

 by Marketwire
Sernova Corp. (TSX VENTURE: SVA)(FRANKFURT: PSH), is pleased to announce a research collaboration with Massachusetts General Hospital, supported with funding from JDRF to develop a novel treatment for diabetes.

Sernova and Dr. Mark Poznansky, M.D., Ph.D., Associate Professor ofMedicine at Harvard Medical School and Director of the Vaccine and Immunotherapy Center at Massachusetts General Hospital will collaborate on the project, with JDRF providing $150,000 USD in funding support.

The collaboration will incorporate a proprietary local immune protectant technology within Sernova's novel Cell Pouch as a potential new treatment for patients
with insulin-dependent diabetes.

"Sernova is pleased to be working with Dr. Poznansky, a world renowned expert in understanding and modulating molecular processes of the immune system for therapeutic uses, whose laboratory discovered the novel protectant technology and we are similarly pleased to be working with JDRF and to receive shared support for this work," said Dr. Philip Toleikis, President and CEO of Sernova Corp.
Islet transplantation represents a potentially durable cure for type 1 diabetes (T1D) by replacing the lost beta islet cells with new, functional insulin producing cells. Application of islet transplantation as a treatment for T1D is currently limited by a number of significant obstacles: a very limited availability of transplantable islets derived from human cadaveric donors, the immune destruction of the islets following transplantation and the need for an implantable, scalable and retrievable device for delivering therapeutic cells.

Sernova's patented Cell Pouch uses biocompatible polymers to develop, highly vascularized subcutaneous tissue chambers for the placement, survival and long term function of islets and other therapeutic cells. Over the past six years, Sernova's Cell Pouch has demonstrated an excellent safety profile and efficacy benefit in small and large animal models of disease and importantly, in humans with severe diabetes, islets transplanted into the Cell Pouch have been shown to become highly vascularized and able to produce their therapeutic product.

"Sernova's goal for the treatment of diabetes is to develop a product consisting of our prevascularized, human scaled Cell Pouch which creates an ideal environment for locally immune-protected therapeutic cells from a virtually unlimited source to treat all patients with insulin-dependent diabetes," added Dr. Toleikis.

"Our collaboration with Sernova is designed to address the obstacles of current portal vein islet transplantation by combining a proprietary local immune protectant for transplanted cells from a virtually unlimited source, within a biocompatible device that enhances microvessel formation and thereby oxygen supply to the graft," said Dr. Poznansky. He continued, "This combination is designed to unlock the potential of advanced therapeutic cell treatment that could meet the needs of the growing population of patients with diabetes."

"We see Sernova's approach to treating diabetes with its prevascularized implantable Cell Pouch(TM)
using virtually unlimited cell sources that are locally protected from the immune system as being directly aligned with the research emphasis of JDRF and look forward to the results from the collaboration with Dr. Poznansky," said Dr. Albert Hwa, JDRF's Director of Discovery Research.
About Sernova

Sernova Corp. is a clinical stage regenerative medicine company developing medical technologies for the treatment of chronic debilitating metabolic diseases such as diabetes, blood disorders including hemophilia and other diseases treated through replacement of proteins or hormones missing or in short supply within the body. Sernova is developing the Cell Pouch(TM), an implantable medical device for therapeutic cells (donor, xenogeneic or stem cell derived therapeutic cells) which then release proteins and/or hormones as required.

Forward-Looking Information
This release may contain forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Although Sernova believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in forward looking statements. Forward-looking statements, which include our beliefs about the functionality of the Cell Pouch and our expectations of the potential benefits of the research collaboration, are based on the beliefs, estimates and opinions of Sernova's management on the date such statements were made. Sernova expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise.
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.
Contacts:
Sernova Corp.
Philip Toleikis, Ph.D.
President and CEO
(604) 961-2939
philip.toleikis@sernova.com / info@sernova.com
www.sernova.com

Ray Matthews & Associates
Suite 601-128 West Cordova Street
Vancouver, BC V6B 0E6
(604) 818-7778
www.raymatthews.ca


SOURCE: Sernova Corp