Monthly Archives: August 2020

Bitterroot Resources Intersects Magmatic Nickel-Copper-PGM Mineralization in Michigan’s Upper Peninsula

WEST VANCOUVER, BC / ACCESSWIRE / August 24, 2020 / Bitterroot Resources Ltd.'s (TSXV:BTT) Michigan subsidiary ("Bitterroot") and its joint venture partner Below Exploration, Inc., ("Below"), have completed 1,411 metres of drilling in four (4) core holes on the LM Property in Baraga County, Michigan. The LM Property is being explored for conduit-hosted nickel-copper-platinum-palladium mineralization similar to Lundin Mining Corporation's Eagle and Eagle East orebodies, which are located 30 kilometers to the east.

Bitterroot's drilling at the LM Property has intersected a magma conduit which hosts an upper olivine gabbro unit and a basal, copper/nickel/PGM-mineralized mafic/ultramafic unit. The deepest mineralized interval intersected to date is a 5.3-metre-long (approximately 4.8 metres true thickness) interval with disseminated blebs of chalcopyrite, pentlandite and pyrrhotite, between 253.8 – 259.1 metres down-hole in LM 20-01. Details of the assay results are included in the table below. Photographs of the disseminated magmatic mineralization are available at www.bitterrootresources.com. Management is encouraged by the relatively high nickel/copper/PGM content of this disseminated mineralization.

LM-20-01

From
(m)

To
(m)

Interval
(m)

Logged Rock Type

Cu
(%)

Ni
(%)

S
(%)

Au
(ppm)

Pt
(ppm)

Pd
(ppm)

253.8

254.7

0.9

Melatroctolite

0.32

0.28

1.30

0.026

0.079

0.058

254.7

255.4

0.8

Melatroctolite

0.50

0.53

2.04

0.048

0.156

0.112

255.4

255.9

0.5

Feldspathic peridotite

0.76

0.73

3.40

0.088

0.253

0.164

255.9

256.9

1.0

Melatroctolite

0.82

0.74

3.77

0.045

0.156

0.116

256.9

258.0

1.1

Melatroctolite

0.95

0.73

4.36

0.061

0.135

0.085

258.0

258.5

0.5

Olivine gabbro

0.24

0.28

2.24

0.028

0.070

0.051

258.5

259.1

0.6

Olivine gabbro

0.54

0.63

4.47

0.097

0.324

0.265

 
 
 
 
 
 
 
 
 
 

253.8

259.1

5.3

Weighted Average

0.62

0.58

3.13

0.054

0.159

0.114

 
 

4.8

Estimated true thickness

 
 
 
 
 
 

Based on the drilling completed to date, the mineralized mafic/ultramafic unit appears to be thickening at depth. Additional drilling is required to confirm the dip of the mineralized unit and test the potential for the LM Property to host massive or semi-massive mineralization.

The Mid-Continent Rift region hosts several conduit-style orebodies and high-grade resources. These discoveries all started with intersections of disseminated magmatic mineralization in the early drill programs. At Eagle and Eagle East, zones of disseminated chalcopyrite, pentlandite and pyrrhotite form a halo around semi-massive and massive sulphide orebodies. Other relevant examples of conduit-style magmatic nickel/copper/PGM deposits are Talon Metals'/Rio Tinto's Tamarack deposits in Minnesota, Vale's Voisey's Bay deposits in Newfoundland and Labrador and the giant deposits of the Noril'sk region in Siberia.

Drilling is expected to resume following compilation and analysis of the current drill data, and after the Fall hunting season. Below is funding US$285,000 of exploration expenditures prior to the first anniversary of the agreement to earn a 49% joint venture interest. Bitterroot is the project operator.

Mr. Glenn W. Scott, CPG, is the Qualified Person responsible for the technical content of this release.

Quality assurance/quality control

Bitterroot Resources Ltd. used ALS Canada Ltd. ("ALS") for geochemical analyses and assaying. ALS is a global leader in analytical services. The samples were analyzed at ALS's secure, ISO 17025-certified laboratory in North Vancouver, BC, Canada, by 33-element four acid leach and Fire Assay, both with ICP-AES finish.

Analytical quality assurance and quality control (QA/QC) confirming the accuracy of the analyses were performed by ALS using seven (7) standard samples and two (2) blanks.

Core samples were transferred on a daily basis from the drill site to Bitterroot's secure core storage and logging facility. After leaving the drill site, core samples were in the custody of Bitterroot's personnel or in secure storage. The two (2)-inch (5 cm)-diameter NQ-sized drill core was cut with a rock saw. Half of the core was shipped to ALS for sample preparation and analysis and half retained. The samples were tagged, bagged and boxed by Bitterroot personnel and shipped via Fedex to ALS in North Vancouver, B.C.

ON BEHALF OF THE BOARD OF DIRECTORS

Michael S. Carr
Director

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

FORWARD LOOKING STATEMENTS: Certain statements contained in this press release may constitute forward-looking statements under Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "expects" or "it is expected", or variations of such words and phrases or statements that certain actions, events or results "will" occur. This document contains statements about expected or anticipated future events and/or financial results that are forward-looking in nature and as a result, are subject to certain risks and uncertainties, such as general economic, market and business conditions, regulatory processes and actions, technical issues, new legislation, competitive conditions, the uncertainties resulting from potential delays or changes in plans, the occurrence of unexpected events and the company's ability to execute and implement its future plans. Actual events may differ materially from those projected in the forward-looking statements. When relying on forward-looking statements to make decisions, investors and others should carefully consider the foregoing factors and other uncertainties and should not place undue reliance on such forward-looking statements. The Company does not undertake to update any forward-looking statements, except as may be required by applicable securities laws. For such forward-looking statements, we claim the safe harbour for forward-looking statements within the meaning of the Private Securities Legislation Reform Act of 1995.

SOURCE: Bitterroot Resources Ltd.

ReleaseID: 602996

Steven Ridzyowski: Overtaking the e-Commerce Industry and Rise to Success

NEW YORK, NY / ACCESSWIRE / August 24, 2020 / Steven Ridzyowski is most commonly known for his involvement with being a member of the Forbes Business Council and being the founder of Ecommerce Marketing Agency, EMA. Steven prides himself on his skillset and being able to provide a true turnkey experience from start to finish. EMA specializes in Shopify Ecommerce online retail stores and digital and social media marketing.

Seven years ago, Steven began in the online marketing industry where he was able to learn the ins and outs of this specific sector. The ability to gain the skills and resources from the ground up is pivotal to becoming a successful entrepreneur. Approximately four years ago, the idea of an ecommerce marketing agency sparked an idea where he dove into the world of shopify for himself. This year, he managed to brand it out and seeked to expand and gain a further foothold within the industry. Through the expertise and careful understanding Steven Ridzyowski gathered over the years, EMA has grown to become one of the top ecommerce marketing agencies.

The pandemic the world is currently facing brought on one of the biggest obstacles for Ecommerce Marketing Agency. Although planning is a key tool in the entrepreneurial world, the pandemic brought ramifications no business could have foreseen. To combat the changes among the world today, entrepreneurs must analyze their current situation and directly approach the issue to keep moving forward. Due to Covid-19, brick and mortar retailers were forced to reform their strategies to stay afloat, which sparked the rise in online retailing. Steven attributes the company's forward thinking mindset to maintaining their goals throughout this pandemic and plans to continue reaching higher achievements as time progresses.

Steven recommends that those looking to begin their own business grow comfortable with the concept of failure. Failure is an inevitable part of the long term journey in cultivating the success one dreams of. One must keep evaluating and reevaluating their strategies to proceed forward and keep pushing. "Do not give up because your last failure could be your next success," says Steven Ridzyowski. The ability to adjust your mindset to think of failure as a motivational factor is what drives business to strive for success. Being afraid of falling down will distract one from their true mission and avert their determination to proceed. Steven believes that mindset begins with the acceptance of failure, but overcoming the fall is the key in building an empire.

Ecommerce Marketing Agency sets itself apart from the competition through being able to provide a true turnkey experience that provides exceptional results without a monthly agency fee. Staying true to the mission will shine through phenomenal work and raise the standard for competitors. With the success that this endeavor has brought to Steven, he believes that the ability to have freedom to confidently think and put ideas into action is the greatest reward. Family is a top priority for the founder and he recognizes the gratefulness in being able to comfortably support and provide for them due to the heightened success this industry has granted him.

As for what is next for Steven Ridyowksi, he has big plans in the works including a partnership with All Done Consulting, ADC whose Founder is Ryan Morgan. Ryan Morgan is an industry leader among top business brokers. His company All Done Consulting Specializes in lead generation and Sales funnel for online businesses. This partnership between All Done Consulting and Ecommerce Marketing Agency plans to provide clients with the best quality of turnkey automation ecommerce service. ADC and EMA have proven results across multiple stores built on product trends throughout the years. Doing this allows their business and clients stores to continually sell no matter the time of year or season. Steven and his team specialize in following product trends and building multiple brands and online retail stores to the next level. This partnership will allow future clients and business to grow amongst these difficult times. To follow along Steven's journey in business and future ventures, click here.

CONTACT: 

Kiley Almy
Kiley@nextwavemktg.com
Next Wave Marketing

SOURCE: Steven Ridyowski

ReleaseID: 603000

Intercept Music, a Sanwire Subsidiary, Announces Two Milestones and Provides Revenue Model of Its Intercept PLUS Label Services Program

LOS ANGELES, CA / ACCESSWIRE / August 24, 2020 / Intercept Music, Inc. ("Intercept"), wholly owned subsidiary of Sanwire Corporation, ("Sanwire" or "the Company") (OTC PINK:SNWR) announced today that it has processed and signed-up the first block of 25 bands onto its Intercept PLUS label services program through July 31, 2020 and it has distributed more than 20,000,000 streams for its artists.

The invitation-only label services program, Intercept PLUS was officially launched in May 2020; refer to Company press release dated May 8, 2020. To join the Intercept PLUS label services program, a band must have at least 10,000 fans and must meet certain other minimums. With the Intercept PLUS program, Intercept manages multiple revenue generating streams for the bands and then participates in the profits. Intercept is targeting gross receipts of at least $30,000 per year per band. In addition to this first block of 25 bands, Intercept has a backlog of dozens more bands, including a multi-platinum and Grammy winning band that Intercept is hoping to announce in the coming weeks.

Second milestone: Intercept has distributed more than 20,000,000 streams for its artists. Streaming has become the most popular way for artists to distribute their music through global streaming services such as Apple Music, Google Play, and Pandora, to name a few. Streaming allows music consumers to listen to the music without actually purchasing it. The first 25 bands that signed up with Intercept PLUS had cumulative streams of over 40 million prior to joining the Intercept PLUS label services program. Streaming currently accounts for over 80% of music consumption.

Intercept PLUS is an invitation-only label services program that offers features typically performed by a label including customized advertising, licensing, merchandise sales and promotion, physical distribution, playlist creation, revenue management, live broadcasting, and YouTube channel management. Through the Intercept PLUS label services program, independent artists can access the full range of benefits traditionally offered by a music label, while driving their own careers and maximizing revenue at a fraction of the cost of a traditional label. Intercept PLUS features are funded entirely through revenue sharing with artists.

"We are extremely pleased with the rapid growth of our Intercept PLUS label services program and the ability to scale up this product offering in such a short timeframe," said Tod Turner, President of Intercept. "Intercept PLUS label services program is proving to be a real standout in the industry with incredible demand. Right now, we are onboarding blocks of 20-25 bands at a time, however, we expect a substantial increase in the coming months."

Intercept's online platform is dedicated to helping independent artists and bands effectively distribute, promote, and earn income from their music. Intercept's platform gives artists immediate access to hundreds of digital stores and every major streaming platform, including Spotify, Apple Music, Amazon Music, Pandora and Google Music. In addition to powerful DIY social media marketing and promotional tools available on a monthly subscription model, the invitation-only Intercept Plus program offers fully managed promotional services, including the opportunity to sell merchandise through branded online stores.

About Intercept Music, Inc.

Intercept Music, Inc. is an entertainment technology company dedicated to helping independent artists effectively distribute, market, and monetize their music. Sold through a Software as a Service (Saas) model, Intercept's online platform delivers an unsurpassed combination of marketing, promotion, and distribution to hundreds of stores worldwide and every major streaming service, including Apple Music, Google Music, Pandora and Spotify. Intercept's options include full-service, concierge-style support and even one-on-one coaching from award-winning music industry professionals. Intercept focuses exclusively on the independent music market, which is estimated at 12 million artists, and is the fastest-growing sector of the music industry. For more information, visit interceptmusic.com.

About Sanwire Corporation

Sanwire Corporation (OTC PINK:SNWR), a diversified company with a focus on the entertainment industry, has been involved in aggregating technologies for a number of years. We look for opportunities in fragmented markets, where technology can be applied to consolidate services into a single platform of delivery. Our current focus is advanced entertainment technologies. For more information, visit sanwirecorporation.com.

For further inquiries, contact ir@sanwirecorporation.com, casper.casparian@interceptmusic.com, or (424) 835-0833.

Safe Harbor Statement: Forward-Looking Statements are included within the meaning of Section 27A of the Securities Act of 1933, and Section 21E of the Securities Act of 1934, as amended. All statements regarding our expected future financial positions, results of operations, cash flows, financing plans, business strategy, products and services, competitive positions, growth opportunities, plans and objectives of management for future operations, listing on the OTC Markets, including words such as "anticipate," "if," "believe," "plan," "estimate," "expect," "intend," "may," "could," "should," "will," and other similar expressions are forward-looking statements and involve risks, uncertainties, and contingencies, many of which are beyond our control, which may cause actual results, performance, or achievements to differ materially from anticipated results, performance, or achievements. We are under no obligation to (and expressly disclaim any such obligation to) update or alter our forward-looking statements, whether as a result of new information, future events or otherwise.

SOURCE: Sanwire Corporation

ReleaseID: 602949

DAI Stablecoin Market Opens on NitroEx Receiving Significant Trade Response

SWIEQI, MALTA / ACCESSWIRE / August 24, 2020 / NitroEx Exchange has added DAI Stablecoin to its coin listing, enabling traders to buy and trade against leading market pairs. The coin was listed on the platform and was opened for trading on the 08th of August, 2020. Built as per the MakerDAO protocols, DAI is the largest decentralized stablecoin and the second-largest stablecoin in terms of overall collateral values.

By listing DAI, NitroEx has opened the DeFi market for its traders to buy and sell the crypto coin against leading market pairs. With no trade limits or liquidity constraints, traders now have direct access to market insights by paying a nominal commission fee for making transactions.

On the occasion, Adrein Perlmann, the CTO of the company said "We are constantly seeking to add new and desirable assets on NitroEx. DAI is simply one of the most popular and world's first unbiased Stablecoin. The inherent attributes of the DeFi ecosystem and the MakerDAO protocols inspired us to integrate DAI into our markets. We encourage our traders to be a part of a stable and decentralized crypto economy."

NitroEx Global's worldwide cryptocurrency community has been abuzz with discussions and trading activity in the wake of DAI's listing. The exchange is expanding crypto markets in countries like the US, Brazil, Russia, Japan, Turkey, and Korea through continuous brand exposure.

The advantages of DAI Stablecoin in DeFi space

Born from the perquisites that blockchain technology and cryptocurrencies bring to the financial services sector, DeFi has become the fastest-growing movement in the crypto industry in 2020. Organizations that implement crypto products into their financial services find DeFi valuable as it enables them to provide inexpensive, efficient, and transparent financial offerings. While decentralized finance projects on ETH integrate different types of digital currencies, Maker Protocol's decentralized DAI stablecoin has quickly become one of the most used cryptos in the DeFi space.

Backed by a surplus of collateral and generated via the Maker Protocol, DAI is stable digital cash with values softly pegged to the USD. Built on the Ethereum platform, every DAI is worth 1 USD.

Since it is fully decentralized, stability is sustained through an autonomous system of smart contracts. Utilized as an anchored medium of exchange, DAI Stablecoins can be used to serve a multitude of purposes such as:

Cross-border transactions
Repayment of debts
Payment for goods and services

DAI's merits and usability has given the DeFi community a high degree of credence to the attributes of the Maker Protocols and stablecoins. This confidence has further contributed to the vibrancy, growth, and the overall network effectiveness of the Maker ecosystem.

At present, DAI has a market capitalization of $423 million and assets worth hundreds of thousands of dollars locked in the system.

How DAI maintains its price stability?

As stated earlier, DAI is a stablecoin that is softly pegged to the US Dollar. That means that the price value of one DAI will approximately always be equal to 1 USD. It is built on the Ethereum network and is backed by Ether, meaning that it is decentralized and the stability is sustained through smart contracts without relying on any centralized third party.

The price stability is managed via a system of lending on the Ethereum network. To create DAI, a person with Ether would deposit ETH into what is named as "collateralized debt position", which is basically a personal smart vault that stores your ETH. In return for depositing ETH in the form of collateral, DAI is generated to the Ethereum holder.

To unlatch ETH, the DAI holder pays back the DAI with a stability fee. If the value of 1 DAI drops below 1 USD, the stability fee is hiked to make DAI loans expensive. If the loans are overpriced, fewer loans will be generated, retracting DAI's supply and driving up the price. Similarly, if the price of 1 DAI surpasses the 1 USD mark, the stability fee is brought down, leading to lower prices and increased supply in the market.

Rather than being manipulated or determined by a government or a centralized financial institution, the stability fee is voted by a community of MKR holders, the token for the MakerDAO system. Eventually, the entire process of maintaining DAI's price stability is based on the supply and demand chain within the lending system.

How DeFi can reshape the traditional financial landscape

The traditional financial system pivots on financial institutions like central banks. They function as intermediaries and need governance for the resolution of controversial issues.

DeFi products do not require any intermediaries or arbitration from any third parties. While smart contracts settle transactional disputes, users monitor and control their funds. This facilitates a more transparent financial system and reduces the overall cost of services. Besides eliminating middlemen, DeFi provides crypto enthusiasts with the following benefits.

As a core philosophy of decentralized finance, it favours network effects while creating true innovations of combining layer 2 or even layer 3 applications.
Price and market efficiency harbours increased transparency of financial systems. As asymmetric information is non-existent, principal-agent risks are minimal and the personal interests are governed by transparent protocols.
DeFi applications enable users to remain in possession of private keys. Also referred to as non-custodial in the blockchain segment, users have full authority and access to their money without a trusted third party.
True decentralization offers censorship resistance, dispenses middlemen, and facilitates worldwide participation irrespective of the social status.
Implementation of blockchain as technological infrastructure enables contract automation, relatively fast and low-cost transactions, and immutability of the financial contracts.

DAI offers liquidity to the DeFi movement

Liquidity in finance refers to the ease with which an asset could be converted into cash without affecting its market price. For DeFi, liquidity is essential to create successful projects on top of the Maker Protocol and Ethereum network.

Shared liquidity amplifies trading volumes, bringing forth roadmaps to attract more users and enabling projects to streamline crypto services in accordance with user demands.

Nevertheless, amidst increased eminence of DeFi products, permissibility can only be assured if the platform has access to a stable, unbiased unit of accounts such as DAI. This is why DAI has earned remarkable market shares in DeFi apps in a short span of time and continues to expand its market with increased liquidity.

The growing DAI user and developer base further contribute to the network effect of the Maker protocol, improving the stability of the crypto ecosystem and increasing awareness.

Adrein Perlmann explains the significance of DAI stablecoin in the decentralized finance landscape as "The stablecoin is a key component of the DeFi movement as a transactional asset, a passive income generator, a store of value, and a conventional measure of collaterals. As more investors and traders recognize the merits of a permissionless, open system that is non-exclusive and secure, the more the crypto market capitalization is predicted to expand."

About NitroEx

NitroEx Exchange is an emerging cryptocurrency exchange platform, offering an array of crypto services and trading opportunities. The crypto exchange platform opened its market in June 2020 by listing its own utility NitroEx Token (NTX) within a highly secure trading environment for buying and selling digital currencies.

Backed by advanced safety protocols and regulatory norms, NitroEx provides traders with robust network security and professional connectivity. The company is dedicated to offering a unique trading experience to amateur and professional traders. With an array of cryptocurrency selections, order types, market pairs, and charting tools, NitroEx has attracted a wide user-base from several countries across the globe with 24/7 Expert Support and also on Telegram, Twitter, Facebook and Medium.

Media Contact:

Company: NitroEx Exchange
Contact: Adrein Perlmann, CTO
E-mail: support@nitroex.io
Mobile: +491743032620
Website:https://www.nitroex.io/
Address: NM GROUP TRIQ L-UQIJA, Swieqi, Malta

SOURCE: NitroEx Exchange

ReleaseID: 602997

Commercial Refrigeration Equipment Market to Grow 1.4x by 2029, Covid-19 Outbreak Generates Growth Opportunities in Food and Healthcare Industries – Future Market Insights

Commercial refrigeration equipment manufacturers continue to invest strongly in product and technology development to consolidate market position in a competitive landscape.

DUBAI, UAE / ACCESSWIRE / August 24, 2020 / The commercial refrigeration equipment market is expected to expand 1.4 x between 2019 and 2029, with strong demand particularly from the food sector. The coronavirus pandemic is likely to have a marginal impact on the industry as applications in the healthcare and food & beverage sector sustain growth through the crisis period. On the other hand, disruptions in component and refrigerant supply chains will prove challenging to market players.

"Strict regulations associated controlling the environmental impact of harmful refrigerants that contribute to global warming are generating major growth opportunities to the worldwide commercial refrigeration equipment market, in terms of emission and performance standards, throughout the forecasting period," says the FMI study.

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Commercial Refrigeration Equipment Market – Important Takeaways

Reach-in devices remain highly sought-after, driven largely by demand from the food service and hospitality industry.
Food processing and production application are contributing significantly to revenues, owing to bias towards replacement and low maintenance practices.
North America remains a major contributor to the global commercial refrigeration equipment market, with major infrastructure investments in retail and food service sectors.

Commercial Refrigeration Equipment Market – Driving Factors

Strict implementation of food quality and safety regulations in retail and food service businesses is a key influencer in market growth.
Innovations in eco-friendly components and refrigerant chemicals are bolstering sales and adoption prospects.

Commercial Refrigeration Equipment Market – Leading Constraints

High installation cost of new refrigeration equipment is a major factor slowing down sales figures.
Long lifecycle and low replacement rates of commercial refrigeration equipment limits revenue streams.

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Expected Impact on Market by Coronavirus Outbreak

The coronavirus pandemic will have a moderate impact on the operations of the commercial refrigeration equipment industry, largely owing to disruptions in supply chains and restricted production of refrigerant chemicals and essential components. In addition, demand is also likely to be hit by closed food service businesses during the pandemic. However, the industry is likely to benefit from strong demand in essential segments such as the food & beverage production and processing industries, the healthcare and pharmaceutical sector, and the logistics market, which will minimize losses during this period substantially, and aid a steady recovery.

Competition Landscape

Some of the leading players participating in the commercial refrigeration equipment market are AHT Cooling Systems GmbH, Daikin Industries Ltd., Electrolux AB, Carrier Corp., Whirlpool Corp., Dover Corp., Danfoss A/S, Hussman Corp., Illinois Tool Works Inc., and Innovative Display Works.

Players in the commercial refrigeration equipment are seeking strategic expansion and acquisition activities to widen portfolios and production capabilities in an intensely competitive market scenario.

For instance, Daikin Industries Ltd has announced its intentions to acquire AHT Cooling Systems GmbH for an 881 million Euro valuation. KeepRite Refrigeration is in collaboration with Longview Economic Development Corp. for the expansion of a 57,000 sq. ft. production facility for US$4.5 million. Demark-based Tefcold has announced acquisition of refrigeration wholesaler Nosreti Velkoobchod to boost distribution in Czech and Slovakia.

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More on the Report

FMI provides in-depth insights on the meat alternative market. The market is segmented in terms of product type (beverage refrigerator, freezers & refrigerators, transportation refrigerators, glass door merchandizers, display cases, beverage dispensers, vending machines, ice machine, and ice cream machine), and application (food services, food & beverage retail, food & beverage production, and food & beverage distribution) in seven regions (North America, Latin America, Europe, South Asia, East Asia, Oceania, and Middle East & Africa).

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About FMI

FMI is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, the global financial capital, and has delivery centers in the U.S. and India. FMI's latest market research reports and industry analysis help businesses navigate challenges and take critical decisions with confidence and clarity amidst breakneck competition.

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
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Report: https://www.futuremarketinsights.com/reports/us-commercial-refrigeration-equipment-market
Press Release Source: https://www.futuremarketinsights.com/press-release/us-commercial-refrigeration-equipment-market

SOURCE: Future Market Insights

ReleaseID: 602977

Potato Flake Market Driven by Rising Demand for Processed Food: Future Market Insights

DUBAI, UAE / ACCESSWIRE / August 24, 2020 / According to a new market study by Future Market Insights (FMI), the potato flake market is forecasted to grow at a healthy pace between 2019 and 2029.

The report attributes the growth of the market to increasing preference for processed food products as a result of hectic lifestyles across the world. Potato flakes are majorly used in the preparation of dishes that involve mashed potatoes. Moreover, they are used as a thickener or base in the production of ready-to-eat vegetable gravies and soups. The growing adoption in food preparation will continue to fuel market growth.

Furthermore, potato flakes find usage as an ingredient for potato chips, texturized potato products, snack pellets, etc, thereby further propelling the demand in the food production sector. Likewise, macroeconomic factors such as rapid urbanization and growing GHDI of consumers has increased the spending power of consumers on ready-to-eat and processed food products, which will continue to drive the demand.

"Market players are leveraging the penetration of internet and social media to expand their brand visibility, and are focusing on widening their product portfolio", opines FMI analyst.

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Potato Flake Market – Key Takeaways

The global potato flakes market was valued at US$ 17.1 Bn in 2019 and will expand at a healthy rate of 7% through the forecast period.
On the basis of nature, the conventional potato flakes segment is expected to account for the majority of market share, while organic potato flakes will gain prominence owing to increasing preference for non-processed food products.
Baked on the end-use, the business-to-consumer segment will hold the lion's share while the business-to-business segment will expand at a healthy CAGR.

Potato Flake Market – Key Trends

The penetration of the internet and e-commerce is expected to emerge as a major trend, opening new avenues for distribution.
Increased emphasis on soil fertility and health consciousness has created an upsurge in demand for organic potato flakes.

Potato Flake Market – Regional Analysis

Asia-Pacific excluding Japan (APEJ) is projected to spearhead the regional landscape owing to high demand for nutrition-rich processed food among the middle-class population coupled with a strong presence of market players.
Eastern Europe is anticipated to remain a prominent region owing to the high consumption of processed food in the region.
North America will continue to hold a respectable share in the overall market value.

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Potato Flake Market – Competitive Landscape

Some of the key players operating in the market include Idahoan Foods, McCain Foods Limited, Nestle S.A., Inc., Clarebout Potatoes NV, Goodrich Cereals, Lamb Weston Holdings, Inc., Iscon Balaji Foods Pvt Limited, Lutosa SA, Patwary Potato Flakes Ltd., Bem Brasil Alimentos LTDA, Rixona B.V., Agrarfrost GmbH & Co. KG, Nahr-Engel GmbH, Basic American Foods, Inc., and Bob's Red Mill Natural Foods. Market players are focusing on expanding their geographical footprint and are entering partnerships to achieve the same.

In March 2018, Nestle S.A. opened a new quality assurance lab in Araras, Brazi to enhance the company's organic product portfolio in the region.
In April 2018, McCain Foods Limited completed a strategic investment with a highly innovative agriculture company, TruLeaf Sustainable Agriculture to set new standards for efficient crop production and environmental care.

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Potato Flake Market – Taxonomy

End-use:

Business to Consumers
Hypermarket/Supermarket
Convenience Store
Specialty Store
Traditional Grocery
Online Retailers
Business to Business
Food Service Industry
Food Industry (Soups & Premixes, Bakery, Snacks, Frozen Food, Baby Food, and Meat Processing)
Animal Feed

Nature:

Organic
Conventional

Region:

North America

U.S
Canada

Latin America

Brazil
Mexico
Argentina
Rest of Latin America

Europe

EU-5
BENELUX
Russia
Poland
Rest of Europe

South Asia

India
Pakistan
Sri Lanka

East Asia

China
Japan
South Korea

Oceania

Australia
New Zealand

Middle East & Africa

GCC
Turkey
South Africa
Rest of MEA

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Future Market Insights, in its new offering, provides an unbiased analysis of the global potato flake waste market, presenting historical demand data (2013-2018) and forecast statistics for the period from 2019-2029. The study divulges compelling insights on the potato flake market allowing readers to glean qualitative and quantitative information which will enable them to make informed market decisions in the upcoming forecast period.

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Future Rich Vegan Flavors Market: FMI's compelling study on the future rich vegan flavors market sheds light on the prominent dynamics influencing the growth trajectory for the upcoming forecast period 2020-2030 through detailed segmental and regional analyses.

Snack Pellets Market: The snack pellets market report offers a 360-degree analysis, bringing to the fore insights that can help stakeholders identify key challenges and opportunities across the upcoming decade's growth trajectory.

Superfood Powders Market: The global superfood powders market is anticipated to surpass an impressive revenue threshold by the end of the forecast period ranging from 2020 to 2030, concludes FMI's recently published research report on the market.

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ReleaseID: 602969

Mitsubishi Licenses Hybrid Technology Patents from Paice, Abell Foundation

With strong European sales, Mitsubishi has become a global leader in plug-in hybrids

BALTIMORE, MD / ACCESSWIRE / August 24, 2020 / Paice, a pioneer in hybrid electric vehicle technology, announced today that it has reached an agreement to license its patented hybrid technology to MITSUBISHI MOTORS CORPORATION, a global leader in plug-in hybrid vehicles. The Mitsubishi Outlander is the world's best-selling plug-in hybrid.

"Mitsubishi is one of the most successful hybrid vehicle companies in Europe, and we are pleased to be adding them to the long list of leading automakers who have recognized the value of Paice's hybrid technology," said Paice Executive Chairman Frances Keenan. "We continue to reach meaningful agreements with responsible car companies without the need for litigation, expanding the reach of our technology and supporting the good works of the Abell Foundation."

Paice was an early leader in electrified vehicles. The company was awarded its first hybrid vehicle patent in 1994, long before most automakers began seriously focusing on ways to improve fuel efficiency and reduce emissions. Paice's technology proved valuable and helped accelerate the growth of the hybrid vehicle industry. An independent analysis concluded that Paice owns the most dominant hybrid vehicle patents in the world.  

During the company's early years, Dr. Alex Severinsky, inventor and founder of Paice, worked 

closely with two experienced automotive veterans: Bob Templin, a Paice board member who had served as chief engineer of Cadillac and technical director of GM's Research Laboratory; and Ted Louckes, a 40-year veteran of General Motors who served as Paice's Chief Operating Officer and was instrumental in developing Paice's hybrid technology alongside Dr. Severinsky.

About Paice (www.paicehybrid.com)

Dr. Alex Severinsky, a Russian immigrant, founded Paice in 1992 with the support of the University of Maryland. The company has been awarded 30 U.S. and foreign patents. It has licensing agreements with many of the world's leading automakers.

About the Abell Foundation (www.abell.org)
The Abell Foundation, a Baltimore-based charitable organization dedicated to fighting urban poverty and promoting social objectives by investing in progressive local start-ups, is a co-owner of the Paice patents. Since 1999, Abell has helped support Paice's efforts to develop and promote its hybrid technology.

For More Information

Joyce Fitzpatrick | joyce@fitzpatrickcomm.com | (919) 247-4400

SOURCE: Paice

ReleaseID: 602993

Medical Dynamometers Market to Display 7.7% CAGR through 2026, Growing Popularity of Ergonomic Therapeutic Approaches to Orthopedics Drives Demand

Manufacturers in the medical dynamometers market are likely to leverage potential application of their products in assessment of neurological ailments such as Parkinson's to generate lucrative growth avenues.

ROCKVILLE, MD / ACCESSWIRE / August 24, 2020 / The medical dynamometers market is estimated to exhibit a 7.7% CAGR between the years of forecast from 2020 to 2026. The market is likely to be negatively affected by the ongoing coronavirus pandemic. Government guidelines to postpone elective medical procedures during lockdowns is a key factor that has affected the short-term demand for medical dynamometers during the crisis. In addition, disruptions to production activities, particularly in China has hurt supplies.

"Growing use of next-gen dynamometers, coupled with growing investments aimed towards therapeutics for sports-related injuries are anticipated to contribute to the market for medical dynamometers in the years to come," says the FACT.MR study.

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Medical Dynamometers Market- Key Takeaways

Hand dynamometers are expected to contribute significantly to sales, owing to extensive applications among geriatrics for arthritis and osteoporosis assessments.
Rehab centers account for a major share of medical dynamometer applications, driven by growth in infrastructure investments, in developed economies.
Asia Pacific is a lucrative market for dynamometers, aided by high number of cases involving serious sports and road accidents, and associated diagnostic and treatment options.

Medical Dynamometers Market- Driving Factors

Innovations in rehab systems for post-stroke patients for treating hemiparesis is generating lucrative growth opportunities.
Ergonomic approaches towards arthritis and post-orthopedic surgery recoveries boosts adoption of medical dynamometers.

Medical Dynamometers Market- Major Restraints

High costs associated with the purchase of medical dynamometers hinder adoption rates.
Poor healthcare infrastructure in developing countries and rural areas limits sales of modern medical dynamometers.

COVID-19 Impact on Medical Dynamometers Market

The coronavirus contagion has hurt short term demand for medical dynamometers. Disruptions in production have limited inventories. In addition, government rules during nationwide lockdowns to postpone elective, non-emergency healthcare procedures during the pandemic has hurt sales prospects in the short term. Further, the redirection of medical resources and personnel towards the handling of the pandemic will also limit short term growth. However, the market is likely to display fast recovery in the post pandemic era, owing to extensive medical applications, particularly among geriatrics.

Explore the global Medical Dynamometers market with 88 figures, 30 data tables, along with the table of contents of the report. You can also find detailed segmentation on https://www.factmr.com/report/4811/medical-dynamometer-market

Competitive Landscape

North Coast Medical Inc., JTECH Medical Industries Inc., KERN & SOHN GmbH, Hausmann Industries, and 3B Scientific Fabrication Enterprises Inc. are some of the most prominent participants in the medical dynamometer market.

Leading players in the medical dynamometers market have been pushing for new product launches including assessment platforms and components to improve on the accuracy of readings to enable btter diagnostics.

For instance, Charder Medical has unveiled a new digital handgrip dynamometer MG4800 aimed towards rehab trainers and therapists with multiple spring capacities for varying patient requirements. Performance Health has also launched a smart digital hand dynamometer which is capable of measuring standard deviation, average, and variation coefficient, in combination with mobile app for accurate readings. Biodex Medical Systems Inc. has unveiled its Advantage BX Software to consumers in the U.S. compatible with system 4 dynamometer for optimized navigation and functionality.

About the Report

This study offers readers a comprehensive market forecast of the medical dynamometers market. Global, regional and country-level analysis of the top industry trends impacting the medical dynamometers market is covered in this FACT.MR study. The report offers insights on the medical dynamometers market on the basis of product (squeeze dynamometer, pinch gauge, hand dynamometer, chest dynamometer, pull-push dynamometer, and others), end user (hospitals, rehabilitation centers, physiotherapy clinics, and others), material (electronic and mechanical) and application (orthopedic, cardiology, neurology, medical trauma, and others) across five regions (North America, Latin America, Europe, Asia Pacific, and Middle East & Africa).

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Expert analysis, actionable insights, and strategic recommendations of the veteran research team at FACT.MR helps clients from across the globe with their unique business intelligence requirements. With a repository of over a thousand reports and 1 million+ data points, the team has scrutinized the healthcare sector across 50+ countries for over a decade. The team provides unmatched end-to-end research and consulting services. Fact.MR's latest medical devices market reports and industry analysis help businesses navigate challenges and take critical decisions with confidence and clarity amidst breakneck competition.

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ReleaseID: 602985

Contract Lifecycle Management Market to Display 13% CAGR through 2030, Covid-19 Pandemic Generates Growth Opportunities with AI Tech: Fact.MR

Contract lifecycle management manufacturers are leveraging the requirements to keep track of contract language and force majeure clauses during the coronavirus outbreak to boost adoption.

ROCKVILLE, MD / ACCESSWIRE / August 24, 2020 / The global contract lifecycle management market is expected to grow 3.5x between 2020 and 2030, with an impressive 13% CAGR. The coronavirus outbreak is likely to generate a number of growth opportunities for contract lifecycle management market players, with the digitization of contracting processes, and the need for analyzing protections associated to business disruptions arising from infectious disease.

"The growing requirement for temporary workers amidst automated technology use by MNCs, and changing consumer demands are critical factors that are likely to continue influencing the contract lifestyle management market through the forecast period," says the FACT.MR study.

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Contract Lifecycle Management Market- Key Takeaways

Cloud-based contract lifecycle management solutions are accounting for major revenue share, owing to cost-efficient, seamless integration and simplified interfaces, for loophole analysis.
Large-scale enterprises are leading adopters of contract lifecycle management solutions, supported sustainability business efforts and incremental savings.
Asia Pacific is lucrative market for contract lifecycle management, owing largely to growing software spend by large and medium scale enterprises.

Contract Lifecycle Management Market- Driving Factors

Investments by businesses towards reducing procurement, finance, and legal risks in contracts is the primary driver for market growth.
Deployment of advanced analytics and artificial intelligence technologies are bolstering adoption rates.

Contract Lifecycle Management Market- Key Restraints

High costs of contract lifecycle management solutions are restricting the adoption of associated technology, particularly in the public sector.
Back filing of return on investments is a major challenge for developers in the contract lifecycle management market.

COVID-19 Impact on Contract Lifecycle Management Market

The contract lifecycle management market is expected to witness major growth opportunities during the coronavirus crisis. Tight budgetary, legal, and procurement constraints during the pandemic, and growing requirement for easy access to contract clauses and language are supporting demand, especially in the life sciences and health care sectors. The demand for contract lifecycle management solutions is likely to continue rising even after the pandemic, supported by sustained increases by enterprises towards relevant software.

Explore the global Contract Lifecycle Management market with 154 figures, 72 data tables, along with the table of contents of the report. You can also find detailed segmentation on https://www.factmr.com/report/4815/contract-lifecycle-management-market

Competitive Landscape

Apttuss Corp., Exari Coupa Software Inc., Agiloft Inc., Infor, Ivalua Inc., Newgen Software, Corcentric LLC, SAP SE, Synertrade, Infosys Ltd., Model N Inc., and Information Services Group are some of the leading contract lifecycle management market players.

Leading participants in the contract lifecycle management market have been investing increasingly towards product development and launch endeavors including the integration of new tech.

For example, Zycus has unveiled Zycus CLM Connect, a contract lifecycle management platform for direct management from the company's Salesforce app. SirionLabs has revealed a number of artificial intelligence updates that are awaiting patents for contract lifecycle management applications. Agiloft Inc.,has revealed the receipt of US$ 45 million funding for automation of contract procurement and management solutions.

About the Report

This study offers readers a comprehensive market forecast of the contract lifecycle management market. Global, regional and country-level analysis of the latest industry trends impacting the contract lifecycle management market is covered in this FACT.MR study. The report offers insights on the contract lifecycle management market on the basis of mode of solution (CLM Software, services, professional, risk & compliance management, implementation and integration, support & maintenance, and managed), business function (legal, finance, procurement, sales, operations, human resource, and information technology) and industry (BFSI, IT & telecom, govt & public sector, energy & utilities, manufacturing, healthcare & pharmaceuticals, life science, retail, real estate, and others), across seven regions (North America, Latin America, Europe, South Asia, East Asia, Oceania, and MEA).

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ReleaseID: 602982

Endurance Completes Initial Soil Survey at the Reliance Gold Property in B.C.

1,100 metre Gold-in-Soil Anomaly Defined with Peak Values of 27 ppm, 11 ppm, and 8.42 ppm Gold

VANCOUVER, BC / ACCESSWIRE / August 24, 2020 / Endurance Gold Corporation (TSXV:EDG) (the "Company") is pleased to provide an update on its 2020 exploration program on the Reliance Gold Property (the "Property") in southern British Columbia. The Property is located 4 kilometres ("km") east of the village of Gold Bridge with year-round road access, and 10 km north of the historic Bralorne-Pioneer Gold Mining Camp which has produced over 4 million ounces of gold. A soil sample survey consisting of 236 samples of talus fines or C-horizon soil ("soil") has recently been completed over 1,200 metres ("m") of strike centered primarily along the altered footwall of the Royal Shear Zone which hosts historically reported gold occurrences and significant drill intersections. Several sample lines were extended to the east to determine baseline geochemical background and some testing of the subparallel Treasure Lineament.

The soil survey demonstrates a robust and continuous northwest-southeast trending gold, silver, arsenic, and antimony anomaly that exceeds 100 parts per billion ("ppb") gold along a strike length of 1,100 m and width of between 100 and 300 m. The multielement geochemical anomaly is 1,200 m in length and remains open to expansion along strike in both directions. Of the 236 samples collected to date, 64 samples exceeded 100 ppb gold (27% of total) and 12 samples exceeded 1,000 ppb gold. These 12 over-limit soil samples were re-analyzed and returned peak values of 27 parts per million ("ppm"), 11 ppm, 8.42 ppm, 5.55 ppm, 3.77 ppm and 3.66 ppm gold. There is a strong positive geochemical correlation between gold and associated elements silver (+0.85), arsenic (+0.90) and antimony (+0.85). Summary figures showing the soil survey results for gold and silver are appended below and these maps plus additional maps for arsenic and antimony are available on the company's website.

The soil results have identified areas that are untested by historic exploration activity and warrant follow-up bedrock prospecting, sampling and drilling. The multielement soil anomaly has a positive correlation to the magnetic anomaly identified in the Company's recent airborne geophysical survey, providing a guide for future anticipated property-scale exploration.

Soil samples were collected by hand using a shovel and/or grub hoe to excavate up to two metres of pumice tephra-ash that covers the Property. Due to the relatively young age of the tephra-ash deposit there is no mature soil development above this tephra-ash horizon. In most of the sample sites the underlying targeted soil sample is developed on weathered bedrock but was also observed in a few locations to be developed on a glacial till horizon, which may mask the bedrock geochemical signature in certain locations along the trend. The airfall pumice tephra-ash horizon was deposited approximately 2,400 years ago. The Mt. Meager volcano complex, the source of the tephra-ash is located approximately 55 km due west of the Property. It was not possible to collect soil samples in some locations where the tephra-ash has accumulated to thicknesses over 2 m.

Prior owners of the Property conducted mobile metal ion ("MMI") reconnaissance samples that collected a near-surface sample, typically within the tephra-ash horizon. The historic MMI survey results indicate gold anomalous trends on the rest of the Property which remain to be confirmed. To complement this MMI sampling and to evaluate other alternative sampling methodologies that allow for rapid property-scale sampling, a biogeochemical sampling program of Douglas Fir tree branch cuttings was also recently completed in the same area as this reported soil survey. Complete results of the Douglas Fir sampling are expected shortly and will be reported separately.

The Company's field crews are currently clearing roadside outcrops within the geochemical soil anomaly to enable detailed geological structural mapping and to conduct representative channel and chip sampling. Some initial sampling has been completed and this activity will continue into September. A preliminary archaeological study is now complete. The field-oriented study did not result in the identification of any archaeological remains. The company submitted its application for a drill permit in February and that application is currently in the consultation phase. Dialogue remains active with the local First Nation communities. First Nation contractors are already assisting in the 2020 exploration program activities.

The Royal Shear is a northwest-southeast trending steeply dipping thrust fault with an associated shear zone at least 30 m in width. In areas of known gold mineralization, the hanging wall of the thrust is largely chert and the footwall is dominantly andesitic volcanics that have been sheared and intensely iron-carbonate altered over significant widths. The known gold prospects on the Royal Shear and the geochemical anomaly reported in this release are associated within the iron-carbonate altered and silicified footwall which has been observed in various outcrops along about 700 m of the structural trend.

The Company acquired an option to earn a 100% interest in the Property in September 2019. The Property was previously explored with trenching and diamond drilling from 1985 through 2008. The last program of drilling in 2008, located near the 8.42 ppm soil anomaly reported herein, targeted the Imperial Zone, and returned highlight drill intersection widths of 13.30 grams per tonne ("gpt") gold over 4.20 m (est 1.8m true width), 7.05 gpt gold over 5.06 m (est 2.05 m true width), 5.70 gpt gold over 12.05 m (est 9.5 m true width), 5.43 gpt gold over 15.35 m (est 10 m true width) and 2.16 gpt gold over 12.13 m (est 6.5 m true width), in five (5) drill holes.

Endurance Gold Corporation is a company focused on the acquisition, exploration and development of highly prospective North American mineral properties with the potential to develop world-class deposits.

ENDURANCE GOLD CORPORATION

Robert T. Boyd

FOR FURTHER INFORMATION, PLEASE CONTACT
Endurance Gold Corporation
(604) 682-2707, info@endurancegold.com
www.endurancegold.com

Soil samples were submitted to ALS Global in North Vancouver, BC, an ISO/IEC 17025:2017 accredited laboratory, where they were prepped and screened to -180 micron using method code SCR-41. Samples were then submitted for aqua regia digestion and analyzed for gold and other trace elements with an ICP-MS finish (method code AuME-TL43). Over limit samples returning greater than 1,000 ppb gold were re-analyzed by Au-AROR43 methodology. The work program was supervised by Darren O'Brien, P.Geo., an independent consultant and qualified person as defined in National Instrument 43-101. Mr. O'Brien has reviewed and approved this news release.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release. This news release may contain forward looking statements based on assumptions and judgments of management regarding future events or results that may prove to be inaccurate as a result of factors beyond its control, and actual results may differ materially from the expected results.

SOURCE: Endurance Gold Corporation

ReleaseID: 602991