Triumph Gold Corp. (TSXV:TIG, OTC:TIGCF) President & Director Tony Barresi joined the Investing News Network at #PDAC2020 conference to discuss the progress his company has made exploring its properties in the Dawson Range, #Yukon. #gold
Barresi believes the action in the price of gold recently has created increased interest in the resource space, especially for those seeking a safe haven in an asset like gold. “It was good timing for us to be able to release some new results. We have a flagship property in Yukon, the Freegold Mountain property. We’ve been having some incredible success over the last three years with drilling that property. While we’ve been doing the drill program, we’ve been advancing a bunch of other pipeline projects as well. The property itself is district in scale, it’s 200 square kilometers, 34 kilometers from end to end. We’ve had some great results and that’s what we released today.”
On March 3rd Triumph Gold released results from rock sampling and trenching at one of their pipeline projects, the Irene-Goldstar epithermal gold-silver corridor, with samples grading up to 93.8 g/t gold and 1108 g/t silver. The mineralized corridor has a 3.7-kilometre-long strike-length, that has been defined with historical drilling over 450 meters at the top of Freegold Mountain, and over a similar length two kilometres away in a gold-rich placer creek at the bottom of the mountain. There, in 2017, “we drilled over a 450-meter section and got multi-gram gold over multiple meters in every hole,” said Barresi.
Until 2019 a two-kilometre-long area between the drill-tested areas, had not been sampled due to heavy vegetation and overburden. Then in 2019 “we went along the top of the mountain to the edge of what had previously been explored and dug trenches over an additional 600 meters. Again, we ended up with multi-gram gold over multiple meters in those trenches. We ended up with a sample that was 96 grams gold and over 1100 grams silver along with a whole bunch of other multi-gram gold samples” noted Barresi. Moving forward, Triumph Gold intends to follow up on the success of the 2018 and 2019 exploration seasons on the Freegold Mountain property.
“We’re looking at doing another season of very aggressive drilling, probably thousands of meters,” said Barresi. “We’re following up on the discoveries that we made in the Revenue-Nucleus area. Revenue and Nucleus are two pre-existing resources on our property, they amount to about 2 million gold equivalent ounces.”
Over the past few years the company has conducted extensive drilling within a six-kilometre-long area that surrounds the resources, discovering new high-grade, gold-rich porphyry copper-gold related mineralization.”
The HydraGEN technology is about the size of a suitcase for use in trucks, with larger models for use in more significant mining machinery and equipment, and the company estimates the device could reduce the carbon footprint of a caterpillar 797F dump truck by over 530,000 tonnes carbon dioxide equivalent (CO2e) per year and save approximately 2,618 hours of operational time in fuel.
Over the past year, the company has been marketing the technology worldwide and now has a presence in North America, Europe, Asia and the Middle East. In February, it was ranked the number one performing company across all sectors on the 2020 TSX Venture 50 list for its performance in 2019, which saw a 284% increase in its share price and a 384% increase in its market capitalization to $185.36 million.
“I was first introduced to the technology about 16 years ago and was really taken aback by its potential,” Jim Payne, dynaCERT’s president and CEO, said in a telephone interview. “Along with several others, I invested in the technology and we launched the first HydraGEN device about 18 months ago.”
Diesel fuel is integral to the mining industry. Diesel-powered shovels and drills are used to excavate natural resources into trucks or onto conveyor belts that are also powered by diesel. Excavators, dozers, front loaders and drill rigs all run on diesel fuel.
The massive haul trucks used in mining operations, in particular, can consume a staggering amount of fuel, with consumption often exceeding 50% of a mine’s total energy costs. Take, for example, the Belaz 75710, which is capable of hauling 450 tonnes of rock in one load and considered to be the world’s largest dump truck. It is estimated to consume over 450 litres of diesel fuel per hour when fully loaded — around 150 times that of an average sedan.
The combustion of diesel fuel to power transport and stationary equipment releases significant amounts of greenhouse gases (GHG) that contribute to climate change. Around 400 million tonnes of carbon dioxide equivalent (CO2e) are emitted annually by the mining industry, according to the analysis presented in Climate risk and decarbonization: What every mining CEO needs by McKinsey & Company, published in January 2020.
The report also estimates that emissions associated with the metal industry’s value chain, so-called scope 3 emissions, contribute a further 4,000 million tonnes of CO2e per year, mainly from steel and aluminum production.
Furthermore, the incomplete combustion of fuel in the engines of trucks, excavators, diesel generators and other mining equipment also releases a range of noxious pollutants, including carbon monoxide (CO), hydrocarbons, nitrogen oxides (NOx), sulphur dioxide and diesel particulate matter that are harmful to human health and the environment.
The HydraGen technology works by first using electricity to turn water into hydrogen (H2) and oxygen (O2) gas, which are then fed into the engine on demand during its intake stroke, which creates a homogenous mixture before combustion of the fuel. The diesel is then injected into the combustion chamber, where it mixes with the air and H2 mixture.
The presence of H2 and O2 gas in the chamber helps to initiate combustion sooner and just before the end of the compression stroke. This increases the rate of combustion, which now lasts for a much shorter duration during the power stroke phase of the engine, and results in less fuel consumption and a higher amount of power generated at a lower temperature.
“It’s well documented that trace amounts of hydrogen gas have been proven to improve the burn efficiency of internal combustion engines. The gas comes from the electrolysis of water, and because it’s produced on-demand, we don’t need to store it,” explains Payne.
The hydrogen is then fed into the cylinder, where it mixes with the fuel, allowing more of the fuel to be combusted at the top of the cylinder. This produces a cleaner and much more efficient burn, which greatly improves fuel economy as well as reducing carbon emissions directly at the source.
The increase in the thermal efficiency of the engine also ‘cools’ the exhaust emissions, reducing the release of NOx, hydrocarbons and other carbon emissions, as well as improving the fuel economy of the engine.
In independent tests conducted by the PIT Group, based in Montreal, Que., German-based Continental EMITEC and Ontario Tech University’s ACE automotive research, development and innovation centre, the technology reduced NOx emissions by 88%, total hydrocarbon content by over 57%, emissions of CO and CO2 by up to 47% and 10%, respectively, and can generate fuel savings of between 6 to 19%.
It also reduced particulate matter, also called black smoke, by up to 55.3%, improve diesel particle filter replacement times by at least 33% and can negate the need for between 40% and 60% of diesel exhaust fluid, used to reduce air pollution released by diesel engines.
The device is also equipped with the HydraLytica™ telematics technology that gathers and records data on an engine’s total lifetime mileage and volume of litres consumed to estimate a historic baseline rate for litres per 100 km travelled. It then analyses the fuel consumption and distance travelled since the device was installed to determine the savings in fuel and reductions in GHG emissions, measured in kilograms of CO2e, and then transmits the data so it can be used when applying for carbon credits.
In 2019, the HydraGEN technology was approved for use in underground mining applications. The approval followed a risk assessment commissioned by one of its dealers, Total Equipment Services (TES), a privately-owned Canadian company located in Sudbury, Ont., and one of TES’s major underground mining customers in Northern Ontario.
“We are currently running a test pilot with the company on one of their pieces of underground mobile equipment,” said Kevin Whynott, President and CEO of TES, in a telephone interview. “The primary driver for the company was to reduce emissions. And if we can demonstrate that emissions can be reduced by say 10, 20, or even 50%, then they could have more pieces of equipment running underground.”
Preliminary results from the pilot are “looking good,” according to Whynott, who hopes to have the full results of the study by next month.
The company’s HG145-6C Large Engine HydraGEN™ Technology is also being deployed on a fleet of mining trucks and equipment at two large mining companies operating in South America, one in Brazil and the other in Argentina.
In partnership with the UK-based International Environmental Partners Limited, the company has also recently submitted an application for a new methodology for estimating carbon reductions from diesel engines to VERRA’s Verified Carbon Standard program.
Because there is no approved methodology, a verified method for measuring carbon reductions would allow companies who have installed a HydraGEN device on vehicles or equipment to turn GHG emission reductions into tradable carbon credits.
“We have achieved a significant step towards a free market trading of the carbon emission reductions provided by our HydraGEN and HydraLytica Telematics technologies,” Robert Maier, dynaCERT’s chief operating officer and chief engineer, stated in a press release. “Harnessing carbon credits has been one of our long-term goals, which we identified a few years ago. We are now on the right path to create a continuous and recurring revenue stream for the company.”
In an InvestorIntel interview during PDAC, Tracy Weslosky secures an interview update with President, CEO & Director Jim Payne on dynaCERT Inc. (TSXV: DYA | OTCQB: DYFSF), a manufacturer and distributor of Carbon Emission Reduction Technology for use with internal combustion engines.
Jim started by saying that dynaCERT is the number 1 ranked company across all sectors on 2020 TSX Venture 50. He added that dynaCERT has a global solution to reduce pollution that people can adopt right now. The company is at the forefront of the carbon credits market and has recently attracted investors like Eric Sprott and Dr. Joerg Mosolf of Mosolf SE & CO. AG who have invested in the company. Jim continued, “Sustainability is a big thing today — with our technology, we have a solution now. We are reducing emissions very significantly for any internal combustion engine.”
The company is well capitalized and has a continued revenue stream. Jim also revealed that he has been asked to speak at the World Climate Summit in November in the UK on the future of the world’s carbon credits.
dynaCERT $DYA $DYFSF has officially launched the marketing of its new HG2 line of on-board on-demand hydrogen injection system for diesel engines.
Following the commercialization and global market acceptance of dynaCERT’s effective HG1 line of products, the smaller HG2 units are now also in commercial production.
After approximately two years of R&D, testing, verifications, modifications and re-designs, the first HG2 units of HydraGENä Technology products are now available to dealers and distributors of dynaCERT for their clients.
The HG2 unit provides similar advantages as the existing HG1 line of products, including lowering carbon emissions and reducing fuel consumption in diesel engines.
However, the HG2 unit is much smaller in size than the HG1 unit. The new HG2 unit is suited for smaller diesel engines than those that are specifically suited to the HG1 line of HydraGENä Technology.
The HG2 unit is appropriate for those smaller displacement diesel engines used in Buses, Class 2 to Class 7 trucks, Refrigerator Trailers and Containers, Mobile Construction Equipment, Small Generators and Smaller Trucks commonly found outside of North America, such as in European countries and in India. This market size represents approximately 20 million applications in North America and similar sized market opportunities in each of the European and Asian markets.
dynaCERT’s engineers were successful in combining the benefits of two prototype HG2 models into one single more advanced and powerful model. The new HG2 model includes a completely newly developed HydraGENä reactor design, a built-in water tank, a climate control system and our next generation electronics, dynaCERT’s Smart ECU2. As well, the HG2 units feature dynaCERT’s new HydraLyticaä telematics system enabling the display of the lower fuel consumption and carbon emissions reductions in real time. Under normal operating conditions, the HG2 unit will produce hydrogen (H2) gas flows suitable for diesel engines from 1 to 5 litres in displacement.
The addressable market of dynaCERT has expanded very notably with the addition of the new HG2 model.
dynaCERT has received purchase orders from KarbonKleen Inc. (KarbonKleen) for an additional 300 HydraGENä Technology units, for total orders from KarbonKleen, to date, of 400 units, including the 100 unit order previously announced on July 2, 2019. dynaCERT’s computerized HydraGENä Technology uses on-board on-demand injection of hydrogen gas in the air intake of diesel engines to significantly reduce fuel consumption, carbon emissions and other GHG’s.
KarbonKleen has paid in full for the first 150 units in order to accelerate immediate delivery of the first of such 400 units to its clients and it has paid the required deposit on the next 250 units.
Of the 400 HydraGENä units, 250 are destined for KarbonKleen’s clients in the USA market.
The remaining units are destined for KarbonKleen clients in Mexico and deliveries are continuing. This additional purchase order allows the maintenance of the aggressive schedule of delivery and performance in accordance with KarbonKleen’s successful initiatives in Mexico (see Press Release dated July 2, 2019) intended to dramatically improve the landscape of carbon emissions reductions in Mexico.
KarbonKleen’s well-received Subscription Program (See Press Release dated July 25, 2019), whereby clients are able to leverage subscription payment options available through KarbonKleen, has dramatically accelerated adoption in both the United States and Mexico.
In addition, all clients of KarbonKleen have indicated that they will also be using dynaCERT’s effective HydraLyticaä Technology in all their installations in Mexico and the USA (see Press Release dated July 4, 2019).
For the remainder of the press release, click here: https://dynacert.com/FileServer/customforms/go-dynacerts/php/tmp/1/2019-08-20%20dynaCERT%27s%20Reseller%20KarbonKleen%20Increases%20Initial%20Order%20to%20400%20HydraGEN%E2%84%A2%20Units.pdf
dynaCERT website: www.dynacert.com
In a recent press release, dynaCERT Inc. (TSXV: DYA) announced the sale of ten HydraGEN™ units to Toronto based Newport Environmental (Newport). These units formed an integral part of a program developed by the Sparta Group (TSXV: SAY) to demonstrate how single-use waste plastic can be viably transformed from seemingly useless garbage into clean transportation fuel, using a synergistic combination of two Canadian technologies. Not only does the combination of technologies offer a solution to a tremendous environmental problem, but also the combination significantly cuts costs in the process. The plan is to have the entire fleet of Newport traveling daily, back-and-forth across Highway 401 in Ontario, powered by transformed plastic that is augmented with dynaCERT’s HydraGEN™ Technology system. Furthermore, the success of the technology is demonstrated and monitored by dynaCERT’s unique HydraLytica™ telematics monitoring system.
As a result, people and governments are starting to take notice.
Case in point, on Thursday August 8, 2019, Jim Payne, CEO of dynaCERT, attended the taping of an interview by journalist Talia Ricci from CBC Toronto, interviewing Sparta’s President, John O’Bireck. During the interview they talked about the technology used to turn single-use-plastic into clean transportation including how dynaCERT’s technology was used to not only assist with the reduced combustion of fuel in the Ontario vehicles engines but was used in the transformation process as well. The CBC report is scheduled to air today, Tuesday August 13, at 6 p.m.
Also in attendance were Mr. Eric Wong, Mr. Jeff Liu and Mr. Francis Ko, all from Phoenix Canada as well as Ms. Sheila McGrory, Manager of Economic Development – Town of Whitby and Mr. Daniel Van Kampen, Economic Development Officer – Town of Whitby.
Pictured here with Talia Ricci and her videographer from CBC are [from lest to right] Francis Ko (Vice President of Phoenix Canada), Eric Wong (President of Phoenix Canada), John O’Bireck (President of Sparta), Jim Payne (President & CEO of dynaCERT), Daniel Van Kampen (Economic Development Officer – Town of Whitby), Sheila McGrovy (Manager of Economic Development -Town of Whitby)
Currently, Sparta’s vehicles travel across the Toronto area along Highway 401 as well as into the Niagara Peninsula and on occasion into up-state New York. Over a 12-month period more than 1,700,000 kilometres of road time will be clocked, consuming an awful lot of diesel fuel and as a result, emitting a significant amount of GHG each year; but much less emissions with the application of these two technologies working together.
The hypothesis is that by outfitting the Newport fleet with dynaCERT’s HydraGEN™ Technology, combined with Phoenix’s plastics-based synthetic fuel additive, fuel economy will be optimized while greatly reducing GHG emissions and all to be verified using dynaCERT’s HydraLytica™ system.
It is also of note that, in addition to outfitting the ten Newport vehicles as indicated above, two HydraGEN™ Technology units have also been installed on the Phoenix reactor that transforms the plastic into our innovative fuel additive; assisting the conversion process of plastic to fuel with important results. In fact, Mr. Eric Wong, President of Phoenix and the brains behind the Phoenix system, stated that, “Upon the addition of the HydraGEN™ units the emissions from the reactor were noticeably reduced; any black smoke was no longer visible.”
“At this point we are looking to prove how the HydraGEN™ system and the PTA process can be complimentary.” said John O’Bireck, President of Sparta and a member of dynaCERT Advisory Board. He went on to say, “When we show that they work well together, we believe it will open up many doors to new markets. We want to thank all those who are participating in this important demonstration as their efforts could have a significant impact in finding viable ways to address the worlds’ plastic disposal epidemic.”
#triumphgoldcorp $TIG $TIGCF
Triumph Gold Corp. at the Potential Break Out Point
Andrew O’Donnell @ChargingStocks #superchargedstocks
Click this link for the article: https://www.superchargedstocks.com/post/triumph-at-the-potential-break-out-point
#gold #copper #miningexploration #investing #mining #porphyry #yukon
Tony Barresi provides a great overview of Triumph Gold’s assets, infrastructure (government maintained road throughout property), largest shareholder (Newmont Goldcorp) and exploration program and potential for 2019 (drilling deepest hole drilled in Yukon into Yukon’s richest porphry). Very interesting information!
dynaCERT Inc. (TSX.V: DYA) (OTCQB: DYFSF) (FRA: DMJ) is pleased to announce that it has received a purchase order with a deposit for 100 HydraGEN TM HG145B units destined for trucking in Mexico from KarbonKleen LLC (“KarbonKleen”), a preferred service provider covering Mexico, the USA and Canada.
KarbonKleen is also pleased to announce its new partnership with the Alliance Holdings Group (“Alliance”), a visionary holding company in Mexico that is dedicated to improving the lives of the people of Mexico using innovative technological advancements. This partnership between KarbonKleen and the Alliance has exclusivity for dynaCERT’s patented HydraGEN TM Technology for distribution to all of the labour unions in Mexico.
KarbonKleen’s purchase order is for its client, Alliance, which supplies trucking equipment to one of the largest federation of labour unions in Mexico. The 100 unit order is expected to be a precedent for a potential exponentially larger market in Mexico.
Alliance, on behalf of its labour unions, has indicated, in a formal memorandum of understanding with KarbonKleen (the MOU”), that they wish to co-brand the HydraGEN TM Technology of dynaCERT pursuant to an exclusive special arrangement with dynaCERT. Through its strategic partnerships in Mexico, Alliance has a market of over 1,000,000 diesel-operated vehicles, which operate throughout the entire country.
Mr. Alberto Valdespino, Principal of Alliance and Director of International Business, is very excited about this opportunity and stated, “dynaCERT’s technology is very important to the Alliance because it will foster better health and the use of environmentally friendly technology for union members and for the population of Mexico as a whole. The use of HydraGEN TM Technology will allow the unions in Mexico to benefit from reduced fuel consumption and fuel costs, while at the same time creating immediate and significant reductions in diesel gas pollution for generations to come. At the same time the reduction of diesel pollution will be leading the creation of carbon credits under dynaCERT’s proposed programme.”
This relationship represents a very significant milestone for dynaCERT in Mexico and Karbonkleen, Alliance and the Mexican labour unions.
dynaCERT will immediately commence deploying engineers and staff to Mexico to assist and train leaders and professionals in Mexico regarding the proper installation of its HydraGEN TM Technology.
The timing is excellent, as the air quality situation in Mexico has continued to deteriorate, leading to increasing government initiatives to curb the pollution problem. Through these new partnerships, dynaCERT is appropriately positioned to help Mexico solve this growing problem with the Company’s HydraGEN TM Technology.
Pursuant to the MOU, the first 10,000 units destined for Mexico are expected to be assembled by dynaCERT in its Toronto facilities, ensuring timely delivery and meeting the Company’s high quality control for deliveries to Mexican end-users of its HydraGEN TM Technology. Under the MOU, dynaCERT will immediately begin to negotiate with KarbonKleen, Alliance and its principals in Mexico to establish an assembly facility in Mexico. Initially this new facility will service further Mexican demand for up to 1 million more HydraGEN TM units and provide increased employment in Mexico.
Mr. Christopher Grossman, Chief Operating Officer of KarbonKleen, stated, “This initial purchase order is significant to both our Mexican partners and dynaCERT. The benefits of fuel economy and environmental solutions offered by dynaCERT’s HydraGEN TM Technology is win-win for labour unions, the population of Mexico and businesses in Mexico. It can contribute to Mexico’s commitment to meeting the emission standards that it has signed under the Paris Accord while saving on diesel costs for decades. We are very pleased that dynaCERT has joined us in being flexible and co-operating in making this historic transaction a possible reality.”
Jim Payne, President & CEO of dynaCERT stated, “With this initial order, accompanied by the MOU, KarbonKleen, Alliance and its principals are demonstrating their firm commitment to the huge potential of dynaCERT and its HydraGEN TM Technology and I thank them for their hard efforts and loyal support. I welcome the Mexican labour unions to learn more about all the benefits of our HydraGEN TM Technology and commend their demonstrated enthusiasm for helping the world conquer diesel pollution.”