Monthly Archives: August 2020

Red Lake Gold Inc. Commences Inaugural Soil Sampling Along the LP Fault Structure at Whirlwind Jack

Field Follow-Up to 2019 Airborne Survey Now Underway

VANCOUVER, BC / ACCESSWIRE / August 19, 2020 / Red Lake Gold Inc. (CSE:RGLD)(FWB:P11)("Red Lake Gold" or the "Corporation") is pleased to report that the Corporation has commenced field exploration at its Whirlwind Jack Gold Project near Red Lake, Ontario. The Whirlwind Jack Gold Project is on-trend and shares a common claim boundary with Great Bear Resources Ltd.'s Dixie Gold Project.

"We are pleased to report that field exploration is underway at Red Lake Gold's flagship gold exploration project, Whirlwind Jack. The community of Red Lake, for which our Company is named, recently experienced an evacuation due to a now-contained forest fire located north of Whirlwind Jack and we are relieved that the residents of Red Lake have been able to safely return with no major structural loss in town. As to today's news, our large-scale phase one soil sampling program is an important exploration milestone for Red Lake Gold as we advance an exploration framework and methodology that has proven effective for the area. Our airborne program last year at Whirlwind Jack allowed us to demonstrate that Whirlwind Jack hosts at least 12km of the LP Fault structure, trending westward from the adjacent Great Bear Resources mineral claims. Although our field work this year was delayed by the COVID-19 pandemic, we have been able to leverage that extra time to further refine numerous target areas within the Whirlwind Jack Gold Project which we are excited to begin exploring. This intensive 750 sample phase one program will focus on a target grid defined by our geophysical work that commences at the claim boundary with Great Bear Resources. The field program will generate data along the LP Fault at the Whirlwind Jack Gold Project measured within the first 1.4km of its strike-length – out of at least 12km of strike-length confirmed by our field work in 2019 – with the project having the potential to both extend the LP Fault structure further west as well as explore numerous other target areas that have already been defined," stated Ryan Kalt, Chief Executive Officer of Red Lake Gold.

Whirlwind Jack Gold Project – MMI Geochemistry Program

The Metal Mobile Ion (MMI) geochemistry program now underway at the Whirlwind Jack Gold Program is being conducted within a priority target area situated adjacent to the claim boundary with Great Bear Resources Ltd. This first target area measures approximately 1.4km on an east-to-west basis and approximately 1.25km on a north-to-south basis.

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Figure 1 – Phase One Grid Area w/ Magnetic Survey Underlain

The phase one soil geochemical program is expected to sample approximately 750 different locations, with the subsequent data set designed to contribute towards vectoring potential drill targets. The Company retained Haveman Brothers Forestry Services Ltd. of Kakabeka Falls, Ontario to assist with performing the sample collection in a safe and logistically-responsible manner.

Red Lake Gold also wishes to disclose that multiple additional soil sampling target areas for future phases have also been identified within the Whirlwind Jack Gold Project. The Company remains attentive to building exploration targets across its project reflecting how, (a) the locale of potential mineralization may concentrate along the LP Fault with variation; and (b) recognizing that knowledge associated with various claim blocks in the region now believed to host the LP Fault were structured by person-defined claim boundaries that were set out without first having the 2019 discovery knowledge of the importance of the LP Fault structure and its notable gold endowment. Red Lake Gold believes its Whirlwind Jack Gold Project holds significant potential for exploration moving-forward.

Of importance, much of the Whirlwind Jack Gold Project, including the portion where the field program is now underway, was staked in August of 2018, which is relevant as the assemblage of the present-day Whirlwind Jack property preceded and predated the material discovery of gold within a new exploration target horizon – the "LP Fault" – as later discovered and announced by Great Bear Resources Ltd. in May of 2019 (see Great Bear Resources news release, Great Bear Drills New High Grade Gold Discovery at Dixie, dated May 28, 2019).

Further to the May 2019 discovery of gold along the LP Fault by Great Bear Resources Ltd., an inaugural airborne geophysical program was subsequently performed by Red Lake Gold in 2019, i.e. within the LP Fault "discovery year". The November 2019 airborne survey flown by Red Lake Gold confirmed that the LP Fault structure extended westward from the Great Bear Resources' Dixie project onto the Whirlwind Jack tenure, continuing onwards for at least 12km across Red Lake Gold's project (see Red Lake Gold news release, Red Lake Gold Inc. Outlines Airborne Survey Results, dated December 31, 2019).

The Whirlwind Jack Gold Project, as now held by Red Lake Gold, has not before received a modern-day, large-scale and coordinated exploration focus informed by the exploration methodology and results since disclosed on claims at the adjacent project held by Great Bear Resources Ltd. The phase one MMI soil sampling program is a component of a significant future exploration work path that will test and explore the Whirlwind Jack Gold Project in a systematic, detailed and progressive manner while respecting the Company's desire to maintain a prudent share capital structure.

Lab results from the phase one exploration program discussed in this news release are expected in late-September.

Further information on the Whirlwind Jack Gold Program may be found at:

https://www.redlakegold.ca/whirlwind

The Corporation cautions that results or discoveries on adjacent properties (i.e. Dixie) may not necessarily be indicative as to the presence of mineralization on the Corporation's property (i.e. Whirlwind Jack).

Qualified Person

Mr. Garry Clark, P. Geo., of Clark Exploration Consulting, is the "Qualified Person" as defined in NI 43-101, who has reviewed and approved the technical content in this press release.

On Behalf of the Board of Directors

Ryan Kalt

Chairman & Chief Executive Officer
Email: info@redlakegold.ca

Forward-Looking Statements

This news release contains forward-looking statements. Forward-looking statements address future events and conditions and therefore, involve inherent risks and uncertainties. Actual results may differ materially from those currently expected or forecast in such statements.

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

SOURCE: Red Lake Gold Inc.

ReleaseID: 602297

What’s My Marketing Data Telling Me? Genius Monkey Helps You Understand

TEMPE, AZ / ACCESSWIRE / August 19, 2020 / Let's talk data. The real nitty-gritty digital data. I mean actually understanding it. In this day and age every digital marketer, digital vendor or network, and so-called guru claims to have all the data in the world. Marketers see the words "data," "collecting data points," "optimization," and "smart marketing" plastered everywhere they look. The word data is so embedded in the digital landscape that no one really knows what they want or what they're looking for, they just know they need to ask for it.

This type of thing is normal in the digital marketing industry. Buzz is built around a certain ideal that digital marketers should be paying attention to for a short period, and then before you know it, it's on to the next. A few years ago it was all about website placements, brand safety, and ad validation via third party ad servers, but that has fallen to the wayside with the ever-growing request for data, data, data. So how do we understand and use this data so as not to make it an empty talking point that becomes a fad, but instead actually put the data to good use?

A well-known digital marketing platform that continues to push the space along has collected millions of data points for thousands of clients in different verticals to pull together a timeline in order to better understand the different verticals and the purchase/conversion cycle for each of them. Let's take a look:

Before we dive into the data, let's first define a few things.

A conversion for these verticals is either a purchase, form submission, or some type of website indication that the user engaged to do business.
The conversion cycle timeline starts from the point in which the user was first engaged via a touchpoint.
A touchpoint is either an ad impression (view) or an ad click from the digital marketing vendor (in this case, Genius Monkey).

What can we conclude from these results? And more importantly, how can we use this data moving forward?

Conclusion 1: Events / Sports / Ticket Sales, E commerce, and Travel all require fewer touchpoints to get users to convert. Why do we think this is? Immediate gratification. Marketing is about speaking to people's emotions, and what speaks to emotion better than the satisfaction of buying yourself something to do for the weekend, some new clothes to wear, or a trip to the Bahamas next month?! I know you don't have to serve me a hundred ads for a good vacation deal to get me to buy it, just get me on the plane already!

How can we use this? If we know a majority of your users are going to make a decision in less than 5 touch points, make sure you and not your competitor make the best first impression with the best offer. Pull at those heart strings and make them need your product or service with an offer they can't refuse. In other words, the creative you're using matters!

Conclusion 2: More than 50% of auto purchases take more than 90 days to make a decision. This shouldn't come as a surprise as buying a car is a large financial and emotional decision, especially with the vast amount of options today. Though the buying cycle should come as no surprise to auto marketers, they are still all so focused on the right now. If dollars out to marketing doesn't make immediate dollars in for a campaign that month, they are stricken by surprise. Why is this when the data we have should clearly tell us the opposite?

How can we use this? Market for the future, not just for right now. For example, if I know I'm going to have a surplus of F-150's to sell off my lot in 5 months from now, I should start marketing those now. Not the month I get the extra units. Why? Quite simply because it will take my buyer over 90 days to do their research and make a decision on what vehicle they want to purchase. If I wait until that inventory hits my lot to advertise for them, when I know I'll need to sell them right away, I'll already be behind the curve and won't be able to really affect sales with today's marketing efforts for some time.

Conclusion 3: Home builders see the second-highest amount of conversions in less than 10 days out of any industry…. Wait, what?!? That can't be right. A home is the highest monetary purchase you can make! Why would people be so quick to pull the trigger? Well, they aren't and this is what I mean by really understanding the data. What we found at Genius Monkey is that home buyers, specifically those buying new homes from builders, get excited quickly, but purchase slowly. This means they check out new home communities and submit form fills quickly. However, this doesn't mean they purchased right away. When Genius Monkey did a comparison of the average form fill date to home purchase date there was a large timeline gap. We then looked at the average number of other home builders being researched and visited in that time and it was substantial.

How can we use this? You know your audience is excited about your product because they're sending you clear interest in the way of immediately submitting form fills. Yet they aren't immediately purchasing, and are most-likely being exposed to other brands… Sounds like you need to stay in front of your audience and re-engage them with a different offer to keep things fresh and beat out your competitors. Welcome remarketing. Home builders have found no better conversion method than an effective remarketing campaign.

There are tons of different conclusions you can draw from this data, as well as other data points Genius Monkey is pulling for industry and/or vertical standards. If you or one of your clients are advertising for one of these verticals, see how you stack up against the average. If you're quite a bit off from the average, circle back to the beginning and make sure you're looking at clean data, and doing so from the right perspective. And if you're still off after that, take a look at the strategy, mediums, and content you're putting out and decide what is and isn't working. However, when pulling your own data and making these comparisons, here are a few things to remember:

Is the data clean?

Do I use Dial soap, Dove, or Irish Spring to clean my data? Well, it doesn't quite work that way. When recently interviewed, Genius Monkey's Director of Operations, Travis Champ, describes clean data as, "data that has been well-thought-out and analyzed before the collection ever occurred. The way data is being collected needs to be consistent. When reporting on the data, you need to keep in mind any outside factors that may have caused statistical outliers and scrub those out so as not to throw off the greater medians."

Does the data make sense?

We as marketers and data analysts can get so engrossed in the numbers that we get to a conclusion and just go with it, without stopping to really think about what the number represents. For example, Tom just pulled 20 reports, compiled 6 charts, and made 5 graphs to find that the average buy cycle for one client was 15 days, the second client was 141 days, and the third client was 0 days. Tom reported that the average conversion cycle was 52 days and moved on. However, had Tom taken a step back and realized a 0-day conversion cycle wasn't possible and that the root issue was that the conversion goal wasn't tracking properly, his data wouldn't have been skewed. Always take a step back and make sure the data makes sense.

What is the data saying? And where does it lead?

What does my data represent and what story does it actually tell? If you report that 36.12% of Medical conversions happen in less than 10 days, what does that mean to you and your business? How can you base future decisions off of this? These are the questions you should ask yourself when reviewing data for future optimization. It's not enough just to collect piles of numbers and attributions. The real power of data lies in the proper analysis of such figures, and their application to your future business strategies.

So when it comes to data you can actually use, be sure to ask yourself a series of relevant questions before arriving at any solid conclusions. Starting with: What's my data telling me? Because trust me. It's saying a lot more than you think.

ABOUT GENIUS MONKEY​

Genius Monkey is a digital advertising technology firm with an advanced full-service marketing platform designed for today's real-time programmatic advertising and tracking needs. Our media and device agnostic systems are only the beginning of our performance success. Our advanced marketing technology and services make it possible for advertisers to reach millions of targeted customers with ease and convenience at a fraction of the cost of traditional marketing. To learn more about how Genius Monkey can help your brand evolve, visit geniusmonkey.com.

CONTACT

Travis Champ
Director of Operations
Genius Monkey
info@geniusmonkey.com

SOURCE: Genius Monkey

ReleaseID: 601362

Telehandlers Market to Face Short-Term Slump in Demand Owing to Trade and Construction Sector Disruptions During Covid-19 Outbreak, says Future Market Insights

Telehandler manufacturers are displaying interest in computerized stabilization sensor technologies to bolster safety standards for varying load carrying operations.

DUBAI, UAE / ACCESSWIRE / August 19, 2020 / The global telehandlers market is expected to cross a US$ 6 Bn valuation in sales through the period between 2020 and 2030. The ongoing covid-19 pandemic has had a negative impact on the industry owing to lockdown restrictions imposed by governments in multiple industry verticals including construction, manufacturing, and port activities among others. The diverse range of applications of telehandlers will enable a strong recovery of the market towards 2021.

"Growing awareness about emissions from heavy load industrial equipment, in addition to strict emission standards is generating major growth opportunities for the sales of electric telehandler options. Low noise levels and better operator comfort key characteristics of new electric models to meet growing global demand," says the FMI analyst.

Download a Sample Report with Table of Contents and Figures: https://www.futuremarketinsights.com/reports/sample/rep-gb-4934

Telehandlers Market – Primary Takeaways

Compact telehandlers are rapidly becoming mainstream, supported by benefits of multi-tasking and maneuverability in manufacturing industry applications.
Rental and leasing business models have gained importance, owing to easier access to high cost equipment with new technologies.
The North American telehandlers market is reflecting strong growth owing to major public and private investments into construction and infrastructure projects in the region.

Telehandlers Market – Growth Factors

Growth in the popularity of leased equipment services, is a key factor boosting application of telehandler equipment.
Niche applications in port cargo handling and mining sectors are generating lucrative growth opportunities.

Telehandlers Market – Major Constraints

Prohibitive initial purchase costs and maintenance expenses are key factors hindering sales.
Shortage of adequately trained operators for telehandler functions will reduce market prospects.

We Offer tailor-made Solutions to fit Your Requirements, Request Customization@ https://www.futuremarketinsights.com/customization-available/rep-gb-4934

The Projected Impact of Coronavirus

The coronavirus outbreak is estimated to have a strong short-term impact on the prospects of the telehandler market. Suspension and limitations on activity within the construction and manufacturing sectors during lockdowns have curtailed demand for telehandlers. In addition, restrictions on international trade has reduced applications of telehandlers in port facilities, hurting market prospects. Vehicular automation is likely to gain importance during this period, with key emphasis on load stabilization functionality.

Competition Landscape

The telehandlers market comprises players including but not limited to Xtreme Manufacturing LLC, Terex Corp., Wacker Neuson SE, Haulotte Group, CLAAS KGaA GmbH, Oshkosh Corp., Doosan Bobcat, Linamar Corp., MAGNI Telescopic Handlers Srl, and JC Bamford Excavators Ltd.

Players in the telehandlers market are pushing for business expansion through product launch strategies with electric offerings and improvements to functionality to bolster sales and revenue.

For instance, CLAAS KGaA GmbH has added a new 9-meter telehandler to its Scorpion range with improvements made to lift capacity. JCB CEA has released its new range of Loadall Series 3 telehandlers, primarily aimed towards agricultural applications. Further, Bobcat Equipment South Africa has unveiled its 17m T40180 telehandler which features Aggravating Movements Arrestor safety system for stability control.

Request Special Price for this Report to our Sales Executive@ https://www.futuremarketinsights.com/request-special-price/rep-gb-4934

More About the Study

The FMI study provides detailed insights on telehandlers market. The market is broken down in terms of maximum lift height (up to 30', 30' to 60', and more than 60'), and ownership (rental service providers and end use industries) across seven key regions (North America, Latin America, Europe, East Asia, South Asia, Oceania, and Middle East & Africa).

Explore Future Market Insights Coverage of the Industrial Automation & Equipment Industry

Telecom Tower Power Systems Market: Find insights on the telecom tower power systems market with segment analysis, statistics, influencing factors, players and key strategies adopted by market players for a 10-year forecast period.

Heat Recovery Steam Generator Market: FMI's report on the heat recovery steam generator market offers details on the market between 2017-2027. The study covers influencers, revenue sources, market leaders, and strategies.

US Plastic-to-Fuel Market: Get an in-depth analysis on the US plastic-to-fuel market with insights on growth levers, opportunities, policies, restraints, regional markets and market leaders.

About Future Market Insights

Expert analysis, actionable insights, and strategic recommendations of the experienced research team at FMI helps clients from across the globe with their unique business intelligence requirements. With a repository of more than thousand reports and 1 million+ data points, the team has studied the industrial automation and equipment sector across 50+ countries for over a decade. The team provides unmatched end-to-end research and consulting services. Reach out to explore how we can help.

Contact

Mr. Abhishek Budholiya
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
MARKET ACCESS DMCC Initiative
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com

Report: https://www.futuremarketinsights.com/reports/telehandlers-market
Press Release Source: https://www.futuremarketinsights.com/press-release/telehandlers-market

SOURCE: Future Market Insights

ReleaseID: 602383

mimik and Flybits Announce Strategic Partnership to Advance the Next Generation of Customer Experience & Security, through Edge-based Computing

VANCOUVER, BC & TORONTO, ON / ACCESSWIRE / August 18, 2020 / mimik Inc., a pioneering Hybrid Edge Cloud company, and Flybits, the world's leading experience design platform for the financial sector, today announced their strategic partnership. Flybits will be using and advancing mimik's Hybrid Edge Cloud platform to offer its customers the next generation of personalization by leveraging edge computing & confidential computing.

mimik's Hybrid Edge Cloud platform extends the cloud to the edge by enabling any computing device to act as cloud servers. Flybits enables the world's top financial institutions to elevate their digital channels including mobile apps, to advance beyond just transactions and offer a ‘human-touch' experience through real-time personalized guidance and recommendations on both core and augmented products and services.

"This partnership reflects the growing need across all industries looking to take advantage of the benefits of Hybrid Edge Cloud technology which can significantly improve the performance and efficiencies of the applications and provide better control over data privacy and data management," says Fay Arjomandi, Founder, President and CEO, mimik. "We are thrilled to partner with Flybits and have our Hybrid Edge Cloud solutions made available to its global customers and partners."

mimik's platform enables a more flexible application operating environment while lowering the costs of operations and application delivery time along with offering higher data privacy for their user base. mimik's edgeEngine is available today for iOS, Android, Linux, Windows, macOS, Raspbian, QNX, OpenWRT, and FreeRTOS and has been used by variety of applications deployed on edge devices such as smartphones, tablets, PCs, smart TVs, WiFi routers, NAS appliances, and IoT devices.

The partnership will expand opportunities for banks to become central ‘trust hubs for data' within their communities, enabling them to offer more than just one-way transactional services. Banks will be able to partner with other organizations like utility and energy companies, supermarkets, loyalty program providers, hospitals, academic institutions, and telecommunication carriers. This new type of ecosystem will empower banks to be custodians of their customers' data while collaborating with such companies, to create more value for their customers and ensure their data is safe.

"Co-locating data in one place is prone to privacy and security risk. Flybits has a strong patent portfolio on privacy preserved data processing and we are pleased to find a partner who has built a unique technology that can augment our confidential computing capabilities. Such capabilities will empower bank customers to choose how they share their data and for what purpose," says Hossein Rahnama, Founder and CEO, Flybits. "Our partnership with mimik will introduce a new paradigm, creating an architectural blueprint of trust-based personalization using a cutting-edge technology that has never been used in the financial sector."

During 2020, mimik and Flybits will advance their partnership, working on multiple projects including commercial deployments and R&D projects focused on IP that other start-ups and partners can use to build impactful business cases.

About mimik Technology Inc.

mimik has pioneered Hybrid Edge Cloud computing to enable any computing device to act as a cloud server to help application developers unlock the next generation of apps for the hyper-connected world. Developers can accelerate product development unitizing the mimik platform. The platform includes a run-time engine for developers to handle global functions in central cloud while moving processing workload to all kinds of edge devices from smart phones to AI-based sensors. The engine is agnostic to OS, device, networks and cloud. It is non-proprietary and works with existing standard development tools. mimik also provides ready to deploy edge microservices for a wide range of industry verticals. With mimik edgeEngine you can launch applications faster while drastically reduce infrastructure cost, minimize latency and improve security and data privacy. The platform is free to develop and has pay-as-you-grow pricing plans.

For more information visit www.mimik.com and www.developer.mimik.com

About Flybits

Flybits is the leading customer experience design platform for financial services, delivering personalization at scale. With the most advanced capabilities in the market, its enterprise-level solution brings relevant content, products, offers, and information to a bank's digital channels based on what each individual customer needs in the moments that matter. With Flybits, banks are able to design, launch, and measure data-driven consumer experiences that deliver the right information to the right customer at the right time, while preserving their privacy.
For more information visit www.flybits.com

Media Contacts

Kamran Shaikh
PR Associates
kshaikh@prassociates.com
778 846-5409

Sam Armani
VP Business Development, mimik
Sam.armani@mimik.com
604 307-3840

Jannine Krish
Director of Marketing, Flybits
jannine.krish@flybits.com
416 666-3707

SOURCE: mimik technology

ReleaseID: 602111

Black Tusk Completes OreVision 3D-IP Survey on the McKenzie East Gold Project, Val-D’Or, Quebec

VANCOUVER, BC / ACCESSWIRE / August 19, 2020 / Black Tusk Resources Inc. (the "Company") (CSE:TUSK)(Frankfurt:0NB)(OTC PINK:BTKRF) is pleased to announce that the 3D Induced Polarization Survey (IP) has been completed on the McKenzie East gold property located north of Val d'Or. The company contracted Abitibi Geophysics in Val d'Or Quebec to undertake their advanced technology OreVision® IP survey over the main target zone on the property. The survey was designed to use the most advanced geophysical applications to produce high resolution results through the thick overburden that is expected to be encountered on the property.

The IP survey lines were located within the northwest area of the McKenzie East property in order to trace possible gold-bearing structures similar those located on the McKenzie Break property located 2 kilometres west of the Black Tusk claims. A series of 1.5 kilometre long lines were tested by the IP survey, for a total of 9 kilometres. The results of the IP survey data will be processed to define anomalies, and will be combined with the results of MMI soil sample results and magnetometer surveying completed earlier this year in order to locate the best targets for diamond drilling.

Black Tusk expects to be diamond drill testing the best targets defined by the data so far obtained.

Perry Grunenberg, P.Geo, a "Qualified Person" as that term is defined under NI 43-101, has reviewed and approved the technical information contained in this news release. Mr. Grunenberg is also a Director of the Company.

About Black Tusk Resources Inc.

Black Tusk Resources is a gold-focused Canadian exploration company with operations primarily based in the world-class Abitibi greenstone belt region of Quebec. Black Tusk currently holds 100-per-cent ownership in six separate gold and platinum/palladium properties in Canada

Cautionary Statement

This press release contains forward-looking statements based on assumptions as of that date. These statements reflect management's current estimates, beliefs, intentions and expectations; they are not guarantees of future performance. The Company cautions that all forward-looking statements are inherently uncertain and that actual performance may be affected by a number of material factors, many of which are beyond the Company's control. Such factors include, among other things: risks and uncertainties relating to exploration and development; the ability of the Company to obtain additional financing; the Company's limited operating history; the need to comply with environmental and governmental regulations; fluctuations in the prices of commodities; operating hazards and risks; competition and other risks and uncertainties, including those described in the Company's Prospectus dated September 8, 2017 available on www.sedar.com. Accordingly, actual and future events, conditions, and results may differ materially from the estimates, beliefs, intentions, and expectations expressed or implied in the forward-looking information. Except as required under applicable securities legislation, the Company undertakes no obligation to publicly update or revise forward-looking information.

On behalf of the Board of Directors

Richard Penn
CEO
(778) 384-8923

SOURCE: Black Tusk Resources Inc.

ReleaseID: 602342

Aytu BioScience Announces Launch of Nationwide Mobile COVID-19 Testing Initiative

Aytu BioScience COVID-19 IgG/IgM Rapid Test Distribution Partner Apollo Med Innovations Initiates Nationwide Mobile Testing Partnership with Olympus Health and Performance

ENGLEWOOD, CO / ACCESSWIRE / August 19, 2020 / Aytu BioScience, Inc. (NASDAQ:AYTU), a specialty pharmaceutical company (the "Company") focused on commercializing novel products that address significant patient needs announced today that the Company has partnered with Apollo Med Innovations ("Apollo") and Olympus Health and Performance ("Olympus") to launch a nationwide mobile COVID-19 testing initiative for companies. Apollo/Olympus has combined their nationwide network of medical professionals from Apollo with the back office systems and billing platform of Olympus and the Company's licensed COVID-19 IgG/IgM antibody tests to provide companies the ability to offer streamlined, on-demand COVID-19 testing at their location.

Through the relationships between the Company, Apollo, and Olympus, the companies offer employees and related parties the ability to receive COVID-19 testing at convenient locations administered by licensed medical professionals in a compliant healthcare setting. Apollo utilizes ultraviolet light technologies including handheld UVC devices, wall units and robotics for large spaces to sterilize each location to ensure as safe an environment as possible while using the clinically validated antibody tests marketed by Aytu along with PCR testing for those showing positive COVID-19 antibodies and/or COVID-19 symptoms.

Josh Disbrow, Chief Executive Officer of Aytu BioScience, commented, "We are proud to support the combined efforts of Apollo and Olympus in bringing COVID-19 tests to a wide range of companies and communities around the country. This mobile testing initiative is providing companies with a safe solution to the return-to-work challenge that is impacting virtually every company and community. We look forward to working with the Apollo and Olympus teams to broaden their reach and meet the testing needs of companies and their employees."

"Providing a safe environment for employees, customers and guests is both socially responsible and good for business," said Randy Wright, CEO, Apollo Med Innovations. "Leveraging the strength of our network of medical professionals with the back office expertise of Olympus and Aytu's tests offers companies a viable solution to one of the more vexing challenges of our professional lives. Companies seeking to initiate a mobile testing program are encouraged to visit our website www.apollomedinnovations.com or to contact Apollo directly at 844-698-4782 to learn more."

Lauren Lightenfield, CEO, Olympus Health and Performance, said, "Olympus developed its back office system and billing platform for individuals seeking effective and reliable testing in the Salt Lake City area. By partnering with Apollo we are now able to expand our efforts and offer these critical services to as many people as possible around the country."

About Aytu BioScience, Inc.
Aytu BioScience is a commercial-stage specialty pharmaceutical company focused on commercializing novel products that address significant patient needs. The company currently markets a portfolio of prescription products addressing large primary care and pediatric markets. The primary care portfolio includes (i) Natesto®, the only FDA-approved nasal formulation of testosterone for men with hypogonadism (low testosterone, or "Low T"), (ii) ZolpiMist™, the only FDA-approved oral spray prescription sleep aid, and (iii) Tuzistra® XR, the only FDA-approved 12-hour codeine-based antitussive syrup. The pediatric portfolio includes (i) AcipHex® Sprinkle™, a granule formulation of rabeprazole sodium, a commonly prescribed proton pump inhibitor; (ii) Cefaclor, a second-generation cephalosporin antibiotic suspension; (iii) Karbinal® ER, an extended-release carbinoxamine (antihistamine) suspension indicated to treat numerous allergic conditions; and (iv) Poly-Vi-Flor® and Tri-Vi-Flor®, two complementary prescription fluoride-based supplement product lines containing combinations of fluoride and vitamins in various for infants and children with fluoride deficiency. Aytu also distributes a COVID-19 IgG/IgM rapid test. This coronavirus test is a solid phase immunochromatographic assay used in the rapid, qualitative and differential detection of IgG and IgM antibodies to the 2019 Novel Coronavirus in human whole blood, serum or plasma.

Aytu also operates a subsidiary focused on consumer health, Innovus Pharmaceuticals, Inc. ("Innovus"), a specialty pharmaceutical company commercializing, licensing and developing safe and effective consumer healthcare products designed to improve men's and women's health and vitality. Innovus commercializes over thirty-five consumer health products competing in large healthcare categories including diabetes, men's health, sexual wellness and respiratory health. The Innovus product portfolio is commercialized through direct-to-consumer marketing channels utilizing the company's proprietary Beyond Human® marketing and sales platform.

Aytu's strategy is to continue building its portfolio of revenue-generating Rx and consumer health products, leveraging its focused commercial team and expertise to build leading brands within large therapeutic markets. For more information visit aytubio.com and visit innovuspharma.com to learn about the company's consumer healthcare products.

About Apollo Med Innovations, Inc.
Apollo Med Innovations, Inc. is a leading distributor of cutting edge aesthetic products to the medical spa and aesthetic industries. Apollo was founded to support physicians in choosing the right aesthetic products, services and devices to meet a patient's needs and to add new revenue streams to their practice. During this COVID crisis, Apollo has added COVID-19 rapid diagnostic testing with mobile clinical support and UVC sanitization lighting to its robust line-up of products and services. Our mission is to provide our customers with world-class products coupled with world-class training led by its esteemed Doctor Advisory Council and superior customer support. Apollo follows that support with a dedicated practice management team, unparalleled warranties and marketing support through their partnership with Social Strategy1. For more information on Apollo Med Innovations, please visit the company website at www.apollomedinnovations.com.

About Olympus Health and Performance
Olympus Health & Performance is a mobile health company that provides services to help clients' look and feel their best. From COVID testing to IV therapy to aesthetic procedures like Botox and fillers, we help clients maintain their healthy lives.

Our research-driven remedies take about an hour from the comfort of your own home, office, or resort and we primarily service the Salt Lake City and Park City areas. To learn more about Olympus, visit our website at www.olympusivtherapy.com.

Forward-Looking Statement
This press release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, or the Exchange Act. All statements other than statements of historical facts contained in this presentation, are forward-looking statements. Forward-looking statements are generally written in the future tense and/or are preceded by words such as ''may,'' ''will,'' ''should,'' ''forecast,'' ''could,'' ''expect,'' ''suggest,'' ''believe,'' ''estimate,'' ''continue,'' ''anticipate,'' ''intend,'' ''plan,'' or similar words, or the negatives of such terms or other variations on such terms or comparable terminology. These statements are just predictions and are subject to risks and uncertainties that could cause the actual events or results to differ materially. These risks and uncertainties include, among others: market and other conditions, the completion of the registered direct offering, the satisfaction of customary closing conditions related to the registered direct offering and the intended use of net proceeds from the registered direct offering, the regulatory and commercial risks associated with introducing the COVID-19 Rapid Test, the effectiveness of the COVID-19 Rapid Test, market acceptance of the National Cancer Institute's testing results, effects of the business combination of Aytu and the Commercial Portfolio and the recently completed merger ("Merger") with Innovus Pharmaceuticals, including the combined company's future financial condition, results of operations, strategy and plans, the ability of the combined company to realize anticipated synergies in the timeframe expected or at all, changes in capital markets and the ability of the combined company to finance operations in the manner expected, the diversion of management time on Merger-related issues and integration of the Commercial Portfolio, the ultimate timing, outcome and results of integrating the operations the Commercial Portfolio and Innovus with Aytu's existing operations, risks relating to gaining market acceptance of our products, obtaining or maintaining reimbursement by third-party payors for our prescription products, the potential future commercialization of our product candidates, the anticipated start dates, durations and completion dates, as well as the potential future results, of our ongoing and future clinical trials, the anticipated designs of our future clinical trials, anticipated future regulatory submissions and events, our anticipated future cash position and future events under our current and potential future collaboration. We also refer you to the risks described in ''Risk Factors'' in Part I, Item 1A of the company's Annual Report on Form 10-K and in the other reports and documents we file with the Securities and Exchange Commission from time to time.

Contact for Media and Investors:
James Carbonara
Hayden IR
(646) 755-7412
james@haydenir.com

SOURCE: Aytu BioScience, Inc.

ReleaseID: 602345

Silver Elephant: 37 Triunfo Samples Assayed Up to 8.3 g/t AuEq, 1,000 Meter Drilling Commences Today

VANCOUVER, BC / ACCESSWIRE / August 19, 2020 / Silver Elephant Mining Corp. ("Silver Elephant" or "the Company") (TSX:ELEF)(OTCQX:SILEF)(Frankfurt:1P2N) announces that it has received its first chip sampling results on its recently acquired polymetallic (gold, silver, zinc & lead) El Triunfo Project in Bolivia.

A total of 103 chip samples were collected from outcrops at surface and from underground adits and tunnels accessing the main east-west mineralized trend. The width of the samples varies from 1.0 to 5.3m, exhibiting an average width of 2.5m.

These results confirm that the El Triunfo project exhibits near-surface Au-Ag-Pb-Zn mineralization where gold and silver account for a majority of the value.

Sampling was conducted on two priority areas, known as Block A and Block B. These 2 contiguous blocks, located at the western portion of the property, span a total strike length of 750m at various widths from 20 to 100 m. Artisanal mining has been developed along predominantly east-west mineralized trends in the area (please refer to Company's news release dated July 13th, 2020).

The sampling returned significant results from both Blocks. Table 1 shows the assay results, equal to and over 1.0 g/t Au Equivalent which represent over 36% of the samples (37 / 103).

ID

BLOCK

SAMP_TYPE

WIDTH
(m)

Au
(g/t)

Ag
(g/t)

Pb
(%)

Zn
(%)

Au Equiv
(g/t)

Ag Equiv
(g/t)

46506

A

chip channel

3.90

2.22

113.00

3.46

0.12

8.30

813.94

46505

A

chip channel

2.00

3.70

29.30

1.34

0.06

8.22

805.86

46504

A

chip channel

2.10

0.89

68.70

2.52

1.82

5.58

547.21

46503

A

chip channel

2.20

1.27

64.00

1.93

0.13

4.74

465.03

46502

A

chip channel

3.80

0.62

55.20

2.34

1.08

4.23

414.86

46501

A

chip channel

2.30

0.21

75.10

2.61

1.29

4.14

406.07

46299

A

chip channel

2.80

1.86

24.60

0.00

0.02

3.93

385.39

46298

A

chip channel

2.30

0.59

35.40

1.42

1.76

3.73

365.50

46297

A

chip channel

2.00

1.56

39.50

0.00

0.01

3.65

357.77

46296

A

chip channel

2.40

0.69

95.80

0.00

0.01

3.10

303.82

46295

A

chip channel

2.10

1.55

5.50

0.00

0.00

2.98

292.64

46294

A

chip channel

3.00

0.19

45.70

2.88

0.14

2.94

288.56

46293

A

chip channel

1.30

1.29

15.10

0.34

0.03

2.89

283.91

46292

A

chip channel

2.60

0.70

75.40

0.00

0.04

2.75

269.70

46291

A

chip channel

2.00

0.29

42.00

1.88

0.45

2.70

264.59

46290

A

chip channel

2.00

0.33

46.60

1.76

0.10

2.56

250.73

46289

A

chip channel

1.00

0.82

30.80

0.54

0.02

2.42

237.84

46288

A

chip channel

1.70

0.04

20.00

0.53

2.23

2.22

217.89

46287

A

chip channel

1.00

0.70

30.00

0.35

0.11

2.14

209.93

46286

A

chip channel

3.40

1.00

14.20

0.00

0.00

2.13

208.64

46285

A

chip channel

3.00

1.08

5.40

0.00

0.00

2.11

206.82

46284

A

chip channel

2.00

0.43

25.20

1.02

0.37

2.10

205.63

46283

A

chip channel

2.20

0.92

5.90

0.00

0.00

1.82

178.46

46282

A

chip channel

1.30

0.94

1.90

0.00

0.00

1.78

174.77

46281

A

chip channel

1.50

0.49

42.10

0.00

0.01

1.71

167.73

46279

A

chip channel

2.40

0.76

13.70

0.00

0.00

1.67

164.16

46278

B

chip channel

2.00

0.33

17.00

0.59

0.41

1.54

151.10

46277

B

chip channel

2.10

0.55

26.40

0.00

0.00

1.52

149.28

46276

B

chip channel

2.00

0.29

15.50

0.54

0.23

1.29

126.13

46275

B

chip channel

2.00

0.47

6.20

0.25

0.23

1.28

125.73

46274

B

chip channel

4.00

0.63

1.50

0.00

0.00

1.20

117.52

46273

B

chip channel

2.30

0.59

3.70

0.00

0.00

1.17

114.48

46272

B

chip channel

2.90

0.55

4.10

0.00

0.01

1.11

108.53

46271

B

chip channel

2.00

0.23

10.70

0.30

0.36

1.04

101.91

46270

B

chip channel

2.40

0.43

9.00

0.02

0.02

0.99

96.87

46269

B

chip channel

2.50

0.05

22.70

0.25

0.46

0.97

94.82

Denser sets of veins and veinlets hosted by shales and quartzites appear to correlate with higher grades. The strike lengths of these mineralized trends have been recognized as continuing along several hundreds of meters at surface.

The Company's initial drill program, which started this Wednesday and is fully funded by recent warrant exercises, entails 4 holes total 1,000 meters that may be expanded.

The drilling will step out to the east and west of historic drill hole TR001 on Block B. TR001 had returned assay results of 94.2 meters grading 0.39 g/t Au, 21.8 g/t Ag 0.65%Pb, 0.39% Zn , and (0.95 gpt AuEq*), according to Solitario Resources SEC 10K filings in 2008.

District geological mapping and geophysics is also planned, as the host and accessory mineral properties associated with the mineralization at El Triunfo can be detected by geophysical imaging methods such as induced polarization (IP).

Maps of the sample locations are posted at http://www.silverelef.com.

(*) Gold equivalent calculation uses a gold price of $1,795, a zinc price of $0.93, a lead price of $0.80, and a silver price of $18.30 (all USD), and assumes a 100% metallurgical recovery. Gold equivalent values can be calculated using the following formula: AuEq = Au g/t + (Ag g/t x 0.0102) + (Zn % x 0.3551) + (Pb % x 0.3055).

Qualified Person

The technical contents of this news release have been prepared under the supervision of Danniel Oosterman, VP Exploration. Mr. Oosterman is not independent of the Company in that he is employed by it. Mr. Oosterman is a qualified person ("QP") as defined by the guidelines in NI 43-101.

Quality Assurance and Quality Control

Silver Elephant adopts industry-recognized best practices in its implementation of QA/QC methods. Rock chip samples average between 5-7 kg. Samples are shipped to ALS Global Laboratories in Ururo, Bolivia for preparation and then shipped to ALS Global laboratories in Lima, Peru for analysis. Samples are analyzed using Intermediate Level Four Acid Digestion. Silver overlimits ("ore grade") are analyzed using fire assay with a gravimetric finish. The ALS Laboratories sample management system meets all the requirements of International Standards ISO/IEC 17025:2017 and ISO 9001:2015. All ALS geochemical hub laboratories are accredited to ISO/IEC 17025:2017 for specific analytical procedures. A geochemical standard control samples are inserted into the sample stream. The laboratory also includes duplicates of samples, standards and blanks for additional QA/QC. Check assays are reviewed prior to the release of data. Assays are also reviewed for their geological context and checked against field descriptions.

About Silver Elephant

Silver Elephant is developing its premier Pulacayo silver project and Triunfo gold-silver project in Bolivia. Further information on Silver Elephant can be found at www.silverelef.com.

SILVER ELEPHANT MINING CORP.
ON BEHALF OF THE BOARD

"John Lee"
Executive Chairman

For more information about Silver Elephant, please contact Investor Relations:

+1.604.569.3661 ext. 101
ir@silverelef.com  www.silverelef.com

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

Cautionary Note Regarding Forward-Looking Statements

Certain statements contained in this news release, including statements which may contain words such as "expects", "anticipates", "intends", "plans", "believes", "estimates", or similar expressions, and statements related to matters which are not historical facts, are forward-looking information within the meaning of applicable securities laws. Such forward-looking statements, which reflect management's expectations regarding Silver Elephant's future growth, results of operations, performance, business prospects and opportunities, are based on certain factors and assumptions and involve known and unknown risks and uncertainties which may cause the actual results, performance, or achievements to be materially different from future results, performance, or achievements expressed or implied by such forward-looking statements.

These factors should be considered carefully, and readers should not place undue reliance on the Silver Elephant's forward-looking statements. Silver Elephant believes that the expectations reflected in the forward-looking statements contained in this news release and the documents incorporated by reference herein are reasonable, but no assurance can be given that these expectations will prove to be correct. In addition, although Silver Elephant 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. Silver Elephant undertakes no obligation to release publicly any future revisions to forward-looking statements to reflect events or circumstances after the date of this news or to reflect the occurrence of unanticipated events, except as expressly required by law.

SOURCE: Silver Elephant Mining Corp.

ReleaseID: 602299

Energy Focus to Present at The LD 500 Virtual Conference

SOLON, OH / ACCESSWIRE / August 19, 2020 / Energy Focus, Inc. (NASDAQ:EFOI), a leader in sustainable LED lighting and lighting control technologies, today announced that it will be presenting at the LD 500 investor conference on Wednesday, September 2nd, 2020 at 9 a.m. ET. James Tu, Chairman and CEO of Energy Focus will be presenting to a live audience.

To access the presentation, please use the following link:

https://www.webcaster4.com/Webcast/Page/2019/36130

Register here: https://ld-micro-conference.events.issuerdirect.com/

The LD 500 will take place on September 1st through the 4th.

View Energy Focus's profile here: http://www.ldmicro.com/profile/EFOI

Profiles powered by LD Micro – News Compliments of ACCESSWIRE

About Energy Focus:

Energy Focus is an industry-leading innovator of sustainable LED lighting and lighting control technologies and solutions. As the creator of the first flicker-free LED lamps, Energy Focus develops high quality LED lighting products that provide extensive energy and maintenance savings, as well as aesthetics, safety, health and sustainability benefits over conventional lighting. Our EnFocusTM lighting control platform enables existing and new buildings to provide quality, convenient and affordable dimmable and color tunable circadian and human-centric lighting capabilities. Energy Focus customers include U.S. and foreign navies, U.S. federal, state and local governments, healthcare and educational institutions, as well as Fortune 500 companies. Since 2007, Energy Focus has installed approximately 900,000 lighting products across U.S. Navy fleet, including TLEDs, waterline security lights, explosion-proof globes and berth lights, saving more than five million gallons of fuel and 300,000 man-hours in lighting maintenance annually. Energy Focus is headquartered in Solon, Ohio. For more information, visit our website at www.energyfocus.com.

About LD Micro

Back in 2006, LD Micro began with the sole purpose of being an independent resource to the microcap world. What started as a newsletter highlighting unique companies, has transformed into the pre-eminent event platform in the space. The upcoming "500" in September is the Company's first event that is accessible to everyone. For those interested in attending, please contact David Scher at david@ldmicro.com or visit www.ldmicro.com for more information.

Investor Contact:

Hayden IR
Cameron Donahue
646-536-7331
ir@energyfocus.com

SOURCE: Energy Focus via LD Micro

ReleaseID: 602242

Hybrid Vehicles Market to Cross US$ 335 Bn by 2026; Automakers Focus on Transitioning to Hybrid Portfolio During Operational Slump in Covid-19 Crisis – Future Market Insights

Leading hybrid vehicle manufacturers are displaying interest in bio-fuel powered offerings to ease consumer transition from internal combustion engines towards electric alternatives.

DUBAI, UAE / ACCESSWIRE / August 19, 2020 / The global hybrid vehicles market is projected to cross a massive valuation of US$ 335 Bn by the end of the assessment period in 2026. The coronavirus pandemic is likely to have a short-term negative impact on the global hybrid vehicles industry, with automotive production and dealership operations temporarily closed or limited by social distancing regulations. However, sales to essential service workers including utility, healthcare, and emergency services, will help bring in limited revenue during the crisis. Hybrid vehicle sales are likely to recover towards 2021, with lockdown restrictions being eased.

"Hybrid passenger vehicle sales are likely to grow strongly in the near future owing to high demand, favorable government incentives, and improvements to technology for consistent performance in new product offerings" states the FMI report.

For more insights into the Market, Request a Sample of this Report@ https://www.futuremarketinsights.com/reports/sample/rep-gb-43

Hybrid Vehicles Market – Key Takeaways

Mild hybrid vehicles are expected to gain traction in developing economies owing to poor public-access charging infrastructure.
Plug in hybrid electric vehicles are anticipated to contribute significantly to industry revenues, supported by growing availability of government subsidies to buyers.
Asia Pacific is expected to be a powerhouse for hybrid vehicles, enabled by major investments by global OEMs towards the development of production facilities in the region.

Hybrid Vehicles Market – Critical Driving Factors

Concerns over vehicular pollution coupled with consumer bias towards emission free automobiles and government incentives support adoption rates.
Frequent innovations in automation technologies and biofuels generate major growth opportunities.

Hybrid Vehicles Market – Major Constraints

High costs of hybrid vehicle development and purchase pricing hinder sales prospects.
Lack of adequate consumer awareness about hybrid vehicle functionality holds back market growth.

For information on the Research Approach used in the Report, Request Methodology@ https://www.futuremarketinsights.com/askus/rep-gb-43

The Anticipated Impact of Coronavirus

The covid-19 pandemic has resulted in a significant downturn in the production and sales of hybrid vehicles. Small and medium scale enterprises in the industry are under threat for survival with dealerships and factories shutting down. Increasing numbers of job losses in the industry and the drop in oil prices has increased sales prospects for gasoline-based automobiles, hurting short term prospects for hybrid and electric alternatives. On the other hand, the suspension of activity in the automotive industry is being leveraged by manufacturers to transition from IC engines to hybrids for their product portfolios, to aid post pandemic recovery.

Competition Landscape

Prominent manufacturers in the hybrid vehicles market include but are not limited to BMW, Ford Motor Co., Hyundai Motor Co., General Motors Co., Mitsubishi Motor Corp., Honda Motor Co., Nissan Motor Corp., Daimler AG, Toyota Motor Corp., Volkswagen AG, and Renault SAS.

Hybrid vehicles market players are extensively engaged in research for development of hybrid vehicle technologies to boost scope of functionality or to reduce costs to appeal to a wider buyer demographic.

For instance, BMW has unveiled eDrive Zones technology for its plug-in hybrid vehicles, which automatically switches from gasoline to electric mode when driving through designated low emission zones. Toyota has been lobbying the government of India for the localization of battery and controller technologies to cut hybrid vehicle production and sales costs. Also, Hybrid Air Vehicles has announced 1 million GBP funding for the development of electric propulsion for its full-scale hybrid aircraft.

Request a Discount for this Report@ https://www.futuremarketinsights.com/request-discount/rep-gb-43

More About the Report

The FMI's market research report offers detailed insights on hybrid vehicles market. The market is scrutinized on the basis of type (hybrid and plug-in hybrid), vehicle type (passenger cars, light commercial vehicle, and heavy commercial vehicle) engine type (parallel, series, and power split), and powertrain configuration (gasoline and diesel) across seven key regions (North America, Latin America, Western Europe, Eastern Europe, APEJ, Japan, and Middle East and Africa).

Explore Extensive Coverage of FMI's Automotive & Transportation Landscape

Automotive Wiring Harness Market: Find insights on the automotive wiring harness market with segment analysis, statistics, influencing factors, and business strategies for a 10-year forecast period.

Asia Pacific Automotive Telematics Market: FMI's report on the Asia Pacific automotive telematics market offers details on the market during 2019-2029. The study covers impacting forces, sources of revenue, market leaders, and market strategies.

Air Transport MRO Market: Get an in-depth analysis on the air transport MRO market with insights on growth levers, opportunities, regulatory policies, restraints, regional markets and market leaders between 2018 and 2028.

About FMI

Expert analysis, actionable insights, and strategic recommendations of the veteran research team at FMI helps clients from across the globe with their unique business intelligence requirements. With a repository of over thousand reports and 1 million+ data points, the team has scrutinized the automotive & transportation sector across 50+ countries for over a decade. The team provides unmatched end-to-end research and consulting services. Reach out to explore how we can help.

Contact

Mr. Abhishek Budholiya
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
MARKET ACCESS DMCC Initiative
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com

Report: https://www.futuremarketinsights.com/reports/global-hybrid-vehicles-market
Press Release Source: https://www.futuremarketinsights.com/press-release/global-hybrid-vehicles-marke

SOURCE: Future Market Insights

ReleaseID: 602382

Idaho Champion Mobilizes Drill at Past Producing Champagne Project

TORONTO, ON / ACCESSWIRE / August 19, 2020 / Idaho Champion Gold Mines Canada Inc. (CSE:ITKO) (OTC PINK:GLDRF)("Idaho Champion" or the "Company"), announces that a drill has been mobilized for the Company's maiden drill program at the past-producing Champagne Gold Project near Arco, Idaho, USA.

Idaho Champion will commence a 5,000 metre drill program using Reverse Circulation (RC) drilling on the patented ground and within the historic past producing pit area utilizing both historic and newly acquired data to target drill holes.

About the Champagne Project

The Champagne Mine* was operated by Bema Gold as a heap leach operation on a high sulfidation gold system that occurs in volcanic rocks. Bema Gold drilled 72 shallow reverse circulation holes on the project, which complement drilling and trenching from other previous operators. The property has had no deep drilling or significant modern exploration since the mine closure in early 1992.

The Champagne Deposit contains epigenetic style gold and silver mineralization that occurs in strongly altered Tertiary volcanic tuffs and flows of acid to intermediate composition in the Lava Creek District. Company geologists have confirmed that sericitic and argillic alteration, with and without silicifcation, are widespread at the Champagne Project. According to historic reports, silica flooding, alunite and barite are closely associated with the gold and silver mineralized zone at the historic mine.

Champagne has a near surface cap of gold-silver mineralization emplaced by deep-seated structures that acted as conduits for precious metal rich hydrothermal fluids. Higher grade zones in the Champagne Deposit appear to be related to such feeder zones.

* The Company cautions that the information about the past-producing mine is not indicative of mineralization on Champion's property, and if mineralization does occur, that it will occur in sufficient quantity or grade that would result in an economic extraction scenario. The historic data were simply used to evaluate the prospectivity of the property. The Company has not yet conducted sufficient exploration to ascertain if a mineral resource is present on the property.

Qualified Person

The technical information in this press release has been reviewed and approved by Peter Karelse P.Geo., a consultant to the Company, who is a Qualified Person as defined by NI 43-101. Mr. Karelse has more than 30 years of experience in exploration and development.

About Idaho Champion Gold Mines Inc.

Idaho Champion is a discovery-focused gold exploration company that is committed to advancing its 100% owned highly prospective mineral properties located in Idaho, United States. The Company's shares trade on the CSE under the trading symbol "ITKO". Idaho Champion is vested in Idaho with the Baner Project in Idaho County, the Champagne Project located in Butte County near Arco, and four cobalt properties in Lemhi County in the Idaho Cobalt Belt. Idaho Champion strives to be a responsible environmental steward, stakeholder and a contributing citizen to the local communities where it operates. Idaho Champion takes its social license seriously, employing local community members and service providers at its operations whenever possible.

ON BEHALF OF THE BOARD

"Jonathan Buick"

Jonathan Buick, President and CEO

For further information, please visit the Company's SEDAR profile at www.sedar.com or the Company's corporate website at www.idahochamp.com.

For further information please contact:

Nicholas Konkin, Marketing and Communications

Phone: (416) 477 7771 ext. 205

Email: nkonkin@idahochamp.com

THIS PRESS RELEASE DOES NOT CONSTITUTE AN OFFER TO SELL OR THE SOLICITATION OF AN OFFER TO BUY ANY SECURITIES IN ANY JURISDICTION, NOR SHALL THERE BE ANY OFFER, SALE, OR SOLICITATION OF SECURITIES IN ANY STATE IN THE UNITED STATES IN WHICH SUCH OFFER, SALE, OR SOLICITATION WOULD BE UNLAWFUL.

Cautionary Statements

Neither the Canadian Securities Exchange nor its regulation services provider has reviewed or accepted responsibility for the adequacy or accuracy of this press release This press release may include forward-looking information within the meaning of Canadian securities legislation, concerning the business of the Company. Forward-looking information is based on certain key expectations and assumptions made by the management of the Company. Although the Company believes that the expectations and assumptions on which such forward-looking information is based on are reasonable, undue reliance should not be placed on the forward-looking information because the Company can give no assurance that they will prove to be correct. Forward-looking statements contained in this press release are made as of the date of this press release. The Company disclaims any intent or obligation to update publicly any forward looking information, whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws

SOURCE: Idaho Champion Gold Mines Canada Inc.

ReleaseID: 602378