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.
#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!
Brussels, 19 June 2019
The European Commission has found German plans to support the retrofitting of municipal and commercial diesel vehicles to be in line with EU State aid rules. The measure should contribute to reducing nitrogen oxides emissions by 1,450 tonnes per year, while limiting distortions of competition. Commissioner Margrethe Vestager, in charge of competition policy, said: “Tackling air pollution is one of Europe’s greatest challenges. So these three schemes provide a good incentive for vehicle operators in Germany to invest in cleaner vehicles in the most polluted German cities. This is a good example of how Member States can work to introduce measures that reduce air pollution, in line with both our rules and our common European objective of cleaner air for all.”
The three support schemes that Germany intends to set up, with an overall budget of around €431 million, will support the retrofitting of municipal and commercial vehicles (such as cleaning vehicles, garbage trucks and delivery vehicles) equipped with diesel engines. The public support will be available in over 60 municipalities (German Kommunen) where national limits for nitrogen oxides (NOx) emissions were exceeded in 2017, and will cover the costs of both the retrofitting systems and their installation.
The measures are part of the German Federal Government’s “Immediate Clean Air Programme for 2017-2020” (Sofortprogramm Saubere Luft 2017-2020), which aims to reduce nitrogen oxides emissions as quickly as possible.
The retrofitting will concern a large number of vehicles – in the German municipalities that will benefit from the schemes, there are currently over one million heavy and light municipal and commercial vehicles equipped with diesel engines.
The planned support for the retrofitting is expected to lead to substantial reductions of nitrogen oxides emissions in a very short period of time, improving air quality and public health, in particular in cities.
More specifically, the German authorities estimate that the retrofitting will have the following impact:
Category of Vehicle Expected Number of Vehicles Retrofitted Heavy Municipal (>3.5 tonnes) 8,120 Heavy Commercial (3.5-7.5 tonnes ) 20,000 Expected Annual NOx Reduction 750 tonnes 400 tonnes Light Municipal and Commercial (2.8-3.5 tonnes) 84,000 300 tonnes
The measures are also in line with the Commission’s 2018 Communication on “A Europe that protects: Clean air for all”, which states that, under EU State aid rules, Member States may facilitate investments in low and zero emission mobility for the benefit of clean air, while promoting the competitiveness of our industry. Member States can make use of these rules at national, regional or local level to effectively tackle emissions, for example from road transport.
On this basis, the Commission approved the measures under EU State aid rules, because they contribute to EU environmental goals without unduly distorting competition. Today’s decision is another example of how EU State aid rules enable Member States to support the fight against air pollution. In November 2018, the Commission had already approved a German State aid scheme to support the retrofitting of diesel buses used for local public transport.
Triumph Gold Corp. (TSXV: TIG) (OTCMKTS: TIGCF) is pleased to announce its intention to complete a non-brokered private placement (the “Offering”) of up to 17,000,000 units (the “Units”) at a price of CDN$0.35 per Unit for gross proceeds of up to CDN$5,950,000. Each Unit will consist of one common share in the capital of the Company (a “Share”) and one-half of one common share purchase warrant (each whole common share purchase warrant, a “Warrant”). Each whole Warrant will be exercisable to acquire one Share at an exercise price of CDN$0.60 per Share for a period of 24 months from the date of issuance.
The Offering is available to investors in reliance on certain prospectus exemptions including to existing shareholders of the Company (the “Existing Security Holder Exemption”) and to investors who have received investment advice (the “Investment Dealer Exemption”). The Existing Security Holder Exemption is available in each of the provinces and territories of Canada to a person or company who became a shareholder of the Company on or before April 9, 2019 (the “Record Date”). To rely upon the Existing Security Holder Exemption, the shareholder must: (a) have been a shareholder of the Company on the Record Date and continue to hold shares of the Company until the date of closing of the Offering, (b) be purchasing the Shares as a principal and for their own account and not for any other party, and (c) not subscribe for more than CDN$15,000 of securities from the Company in any 12-month period unless the shareholder has obtained advice regarding the suitability of the investment from a person registered as an investment dealer in the shareholder’s jurisdiction.
The Investment Dealer Exemption is available in each of Alberta, British Columbia, Saskatchewan, Manitoba and New Brunswick to a person or company who has obtained advice regarding the suitability of the investment from a person registered as an investment dealer in such person’s or company’s jurisdiction. As required by the Existing Security Holder Exemption and Investment Dealer Exemption, the Company confirms there is no material fact or material change relating to the Company that has not been generally disclosed.
There is no minimum Offering size and the maximum offering is 17,000,000 Units for gross proceeds of CDN$5,950,000. Assuming the Offering is fully subscribed, the Company plans to allocate the gross proceeds of the Offering to: (i) exploration on its Freegold Mountain project (CDN$5,000,000) and (ii) general working capital (CDN$1,000,000).
If the Offering is not fully subscribed, the Company will apply the proceeds to the above uses in priority and in such proportions as the Board of Directors and management of the Company determine is in the best interests of the Company. Although the Company intends to use the proceeds of the Offering as described above, the actual allocation of proceeds may vary from the uses set out above depending on future operations, events or opportunities.
If the Offering is oversubscribed, unless the Company determines to increase the maximum gross proceeds of the Offering and receives approval from the TSX Venture Exchange for such increase, the Company will allocate the Units issued under the Offering to those subscribers whose subscriptions were first received by the Company. A subscription will be deemed to be received when a completed subscription agreement together with payment of the subscription amount has been received by the Company.
Certain insiders of the Company may acquire Units in the Offering. Any participation by insiders in the Offering would constitute a “related party transaction” as defined under Multilateral Instrument 61-101 Protection of Minority Security Holders in Special Transactions (“MI 61-101”). However, the Company expects such participation would be exempt from the formal valuation and minority shareholder approval requirements of MI 61-101 as neither the fair market value of the Units subscribed for by the insiders, nor the consideration for the Units paid by such insiders, would exceed 25% of the Company’s market capitalization.
The Company may pay finder’s fees on a portion of the Offering, subject to compliance with the policies of the TSX Venture Exchange and applicable securities legislation.
Closing of the Offering is subject to approval of the TSX Venture Exchange.
The securities issued under the Offering, and any Shares that may be issuable on exercise of any such securities, will be subject to a statutory hold period expiring four months and one day from the date of issuance of such securities. Additional resale restrictions and legends may apply in the United States and other jurisdictions.
About Triumph Gold Corp.
Triumph Gold Corp. is a growth oriented Canadian-based precious metals exploration and development company. Triumph Gold Corp. is focused on creating value through the advancement of the district scale Freegold Mountain project in Yukon. For maps and more information, please visit our website www.triumphgoldcorp.com
Triumph Gold Corp., (TSX-V: TIG) (OTCMKTS: TIGCF) is pleased to announce the results from the 2018 surface sampling program conducted at the Drone, Granger and Blue Sky zones, within the 6-kilometre-long multi-element soil anomaly that encompasses the Revenue and Nucleus deposit areas on Triumph Gold’s 100% owned, road accessible, Freegold Mountain Property, in the Yukon Territory, Canada.
Highlights of results include:
- At the newly discovered Drone Zone grab and chip samples within a 100 X 25 metre area of exposed altered and mineralized bedrock and regolith contain local bonanza grade gold (Au) concentrations up to 450 grams per tonne (g/t)* and consistently anomalous to high grade copper (Cu) up to 2.09%.
- Within the Blue Sky Zone 13 new grab samples* have an average grade of 4.5 g/t Au, ranging up to 16.8 g/t Au. The Blue Sky zone was identified in 2016 as prospective for gold-rich porphyry mineralization and in 2017-2018 the high grade, gold rich Blue Sky Porphyry was discovered (e.g. RVD18-19 with 316 metres @ 1.10 g/t Au, 0.27% Cu). The 2018 grab samples were collected 400-800 metres southeast of the Blue Sky Porphyry discovery area identifying the surface expression of a new and previously untested mineralized zone.
- At the Granger Zone oxide-gold target, samples from two new trenches define gold mineralization in highly oxidized rock at surface and demonstrate continuity of mineralization between surface and intersections made in 2018 drill holes that tested beneath the trenches. Results from trenches include:
- In TR18-04,70 g/t Au over 18.5 metres** including 3.26 g/t Au over 1 metre** on the southern end of the trench, leaving the highest grade portion of the mineralized body open to the south.
- In TR18-03,04 g/t Au over 3.5 metres** and 0.89 g/t Au over 4 metres**.
The 2018 surface sampling program in the Revenue-Nucleus area was designed to explore for, test and validate near-surface targets within a six-kilometre-long multi-element soil anomaly that encompasses the Revenue and Nucleus deposits (Figure 1). Triumph Gold geologists believe that the entire soil anomaly is underlain by rocks affected by a gold-rich hydrothermal system related to a large buried porphyry intrusion that has yet to be tested by drilling. The surface sampling program tested three main areas with a total of 164 linear chip or channel samples collected from exposed bedrock or in excavated trenches, and 35 grab samples of bedrock, regolith or locally sourced float.
The Drone Zone was discovered in 2018 as a result of local placer mining operations that exposed a roughly 100 X 25 metre area of altered and mineralized outcrop at the bottom of the Mechanic Creek valley (news release PR#18-11 dated October 16, 2018). This new zone is located 500 metres east of high-grade drill intercepts in the Nucleus gold deposit, and 500 metres west of drill holes that intersected the Keirsten Zone porphyry. Mineralization encompasses the entire area of exposure, which consists of granite hosting large xenoliths of biotite schist, and cross-cut by irregular quartz-feldspar-porphyry dykes and thick gouge-rich faults. Mineralization comprises disseminated sulfides and quartz-sulfide veins with pyrite, chalcopyrite, and lesser arsenopyrite, bismuthinite and visible gold.
The Drone Zone was tested with 49 chip samples and 21 grab samples*. Sample F00032970 which assayed 450 g/t Au and 19 g/t Ag contained abundant visible gold and was collected from locally sourced rock debris at the eastern side of the placer mining cut where the zone appears to extend beneath overburden. Mineralization with anomalous to bonanza grade gold and copper concentrations is consistent though the Drone Zone; assay highlights are reported in Table 1. The zone is open in all directions and has never been drilled or previously explored.
Table 1: Significant Grab and Chip Samples from the Drone Zone 2018
|Drone Zone Grab Samples*|
|Sample ID||Northing***||Easting***||Au g/t||Ag g/t||Cu %|
|Drone Zone Chip Samples|
|Sample ID||Trench ID||Sample Length**||Au g/t||Ag g/t||Cu %|
Blue Sky Zone
The Blue Sky Zone covers the eastern side of the six-kilometre-long Revenue-Nucleus soil anomaly. Drill testing for porphyry mineralization in 2017 and 2018 confirmed high-grade gold-rich mineralization within the Blue Sky Zone on the western slope of Bowlidden Ridge (e.g. RVD18-19 with 316 metres @ 1.10 g/t Au, 0.27% Cu; see news release PR#18-09 dated Sept. 12, 2018). Surface sampling in 2018 focused on the eastern slope of Bowlidden Ridge approximately 400-800 metres from the Blue Sky Porphyry discovery area (Figure 1).
The 2018 surface sampling program included 86 chip and channel samples from three trenches and thirteen grab samples collected mainly from disturbed bedrock along new access roads. Of the thirteen grab samples, eight contained greater than 2.0 g/t Au, to a high of 16.8 g/t Au (Table 2)*. Trenches returned anomalous gold concentrations (Table 2), including 1.46 g/t Au over 1 metre** in BST18-01 and 0.31 g/t Au over 8 metres** in BST18-02, which is contained within a 52.50 metre** section of 0.15 g/t Au (the full length of the trench). Most mineralized samples comprise phyllic altered granite with quartz veins that contain trace bismuthinite ± molybdenite ± chalcopyrite ± arsenopyrite. These new samples, as well as two grab samples* of quartz veins collected from the area in 2017 that graded 3.76 and 5.77 g/t Au, define an approximately 400-metre-long corridor of mineralization that is open in all directions and is untested by drilling. A single 2017 drill hole tested the southern side of Bowlidden Ridge (RVD17-09). It was collared on the far southern edge of the newly defined mineralized zone and was oriented southwards, away from the new surface samples. Results from that hole include ten intersections that graded over 1.0 g/t Au, within a 269 metre interval of highly anomalous gold (0.24 g/t Au; see news release PR#17-13, dated November 2, 2017).
Table 2: Significant Grab and Chip/Channel Samples from the Blue Sky Zone 2018
|Blue Sky Zone Grab Samples*|
|Sample ID||Northing***||Easting***||Au g/t||Ag g/t||Cu %||Mo %|
|Blue Sky Zone Chip and Channel Samples|
|Trench ID||From-To (m)||Sample Length (m)**||Au g/t||Ag g/t||Cu %||Mo %|
|BST18-02||0.00 – 52.50||52.50||0.15||<2||0.012||<0.001|
|Including||30.00 – 38.00||8.00||0.31||<2||0.027||<0.001|
|BST18-01||9.00 – 10.00||1.00||1.46||<2||0.022||0.002|
The Granger Zone is a shallow oxide gold exploration target that is located between the Revenue and Nucleus deposits near the center of the Revenue-Nucleus soil anomaly. Historical exploration in this zone included trenching, rock sampling, with grab samples up to 45.5 g/t Au*, and percussion, reverse circulation and limited diamond drilling. Historical drilling made multiple shallow oxide gold intercepts, including 5.29 g/t Au over 13.71 metres** in GRRAB-091 (from 3.05 metres to the bottom of the hole at 16.76 metres). Drilling in 2018 intersected variably oxidized near-surface mineralization in every hole, delineating a mineralized corridor over 200 metres strike-length and to a depth of at least 74 metres (News Release PR#18-12, dated October 24, 2018). The mineralized zone is open in all directions and to depth.
Highlights of the results from 2018 Granger Zone drilling include:
- RVD18-33 with 18.39 metres** of 0.98 g/t Au (2.95 – 21.34m)
- RVD18-29 with 18.00 metres** of 0.61 g/t Au (53.00 – 71.00m)
- RVD18-30 with 55.21 metres** of 0.45 g/t Au (18.84 – 74.05m)
Twenty-nine chip and channel samples covering 46.80 meters in two newly (2018) excavated trenches tested strongly oxidized rock in the center of the mineralized corridor. Samples form the trenches contain a similar tenor of gold mineralization as that intersected at depth by drilling, indicating continuity from surface to a depth of approximately 45 metres. Trench results include 1.04 g/t over 3.5 metres** in TR18-03, and 0.70 g/t Au over and 18.5 metres** including 1.72 g/t Au over 3.5 metres** in TR18-04 (Table 3). The southern edge of trench TR18-04 has some of the highest grade mineralization (e.g. 3.26 g/t Au over 1 metre**) demonstrating that the zone is open and highly prospective to the south.
Table 3: Chip and Channel Samples from the Granger Zone 2018
|Granger Zone Trench Samples|
|Trench ID||From-To (m)||Sample Length (m) **||Au g/t|
|TR18-03||1.00 – 5.00||4.00||0.89|
|TR18-03||10.00 – 13.50||3.50||1.04|
|TR18-04||1.50 – 20.00||18.50||0.70|
|Including||16.50 – 20.00||3.50||1.72|
|Including||19.00 – 20.00||1.00||3.26|
Tony Barresi, Vice President of Exploration for Triumph Gold Corp. comments “As we advance exploration in underexplored portions of the 6-kilometre-long soil anomaly that surrounds the Revenue and Nucleus deposit areas, we are continually impressed by the world-class scale of the of the underlying gold-rich hydrothermal system. Each of the surface exploration target areas yielded exciting results. Newly discovered mineralization at the Drone Zone and in the Blue Sky Zone reinforce our belief that Revenue and Nucleus are only small parts of a much larger mineralized body. Both of the new showings represent high quality drill ready targets with potential for high grade gold intersections. In addition, new trenches in the Granger Zone demonstrate continuity of oxide gold mineralization between surface and underlying drill intersections, building a case for a near-surface heap leachable oxide gold resource.”
* Grab samples are selective in nature, and the reported mineralization and assay results may not be representative.
** Length/interval refer to sample length. True widths have not been determined.
*** Coordinates are given in North American Datum 83 (NAD83), Zone 8.
Linear chip and channel samples ranged between 0.25 and 2 metres in length. Chip samples were collected with a rock hammer and channel samples were cut from outcrop with a portable diamond saw. The samples were analyzed by SGS Canada of Vancouver, British Columbia. They were prepared for analysis according to SGS method PRP89: each sample was crushed to 75% passing 2mm and a 250g split was pulverized to better than 85% passing 75 micron mesh. Gold was tested by fire assay with atomic absorption finish on a 30g nominal sample (method GE FAA313), and samples that tested over 10 g/T Au were retested using a 30g nominal sample and gravimetric analysis (method GO FAG303). An additional 35 elements were tested by ICP-AES using a four-acid digestion (method GE ICP40B). Quality assurance and control (QAQC) is maintained at the lab through rigorous use of internal standards, blanks and duplicates. An additional QAQC program was administered by Triumph Gold: at minimum three quality control samples, consisting of blanks, certified reference standards and duplicates, were blindly inserted into each 75 sample batch. QAQC samples that return unacceptable values trigger investigations into the results and reanalyses of the samples that were tested in the batch with the failed QAQC sample.
The technical content of this news release has been reviewed and approved by Tony Barresi, Ph.D., P.Geo., VP Exploration for the company, and qualified person as defined by National Instrument 43-101.
Tony Barresi, VP of Exploration for Triumph Gold Corp $TIG $TIGCF Interview with Jay Taylor of VoiceAmerica Radio. Tony discusses highest grade mineralization from 2018 drill program at Freegold Mountain Project in Yukon.