News Hub | News Direct

All Industries


Article thumbnail News Release

SIGMA Announces release of 100-400mm F5-6.3 DG DN OS | Contemporary and 23mm F1.4 DC DN | Contemporary for Fujifilm X Mount System

SIGMA CORPORATION OF AMERICA

SIGMA Corporation of America is pleased to announce the release of two lenses for the Fujifilm X Mount camera system. The addition of the 100-400mm F5-6.3 DG DN OS | Contemporary and 23mm F1.4 DC DN | Contemporary expands the line of SIGMA products for Fujifilm X Mount to six versatile lenses. The 100-400mm F5-6.3 is the second zoom lens for Fujifilm X Mount, joining the compact 18-50mm F2.8 DC DN | Contemporary lens; while the 23mm F1.4 joins the fast F1.4 prime lineup, which also includes the 16mm F1.4 DC DN | Contemporary, 30mm F1.4 DC DN | Contemporary and 56mm F1.4 DC DN | Contemporary lenses. The X Mount versions of these lenses join the Leica L and Sony E-mount versions which are currently available for purchase through authorized retailers. The SIGMA 100-400mm F5-6.3 DG DN OS | Contemporary ($949 US) and SIGMA 23mm F1.4 DC DN | Contemporary ($549 US) will be available for Fujifilm X Mount cameras at Authorized US Dealers on September 21, 2023. Learn more about the SIGMA 100-400mm F5-6.3 DG DN OS | Contemporary lens: https://www.sigmaphoto.com/100-400mm-f5-6-3-dg-dn-os-c Learn more about the SIGMA 23mm F1.4 DC DN | Contemporary lens: https://www.sigmaphoto.com/23mm-f1-4-dc-dn-c Launch schedule of SIGMA 23mm F1.4 DC DN | Contemporary in FUJIFILM X Mount SIGMA Corporation is pleased to announce the launch schedule of the SIGMA 23mm F1.4 DC DN | Contemporary in FUJIFILM X Mount. Supplied Accessories: LENS HOOD LH554-01, FRONT CAP LCF-52mm III, REAR CAP LCR II Available Mount: FUJIFILM X Mount Barcode: 0085126 348755 Available: September 21, 2023 * The appearance and specifications of the product are subject to change. #SIGMA #SIGMA23mmContemporary #SIGMAContemporary #SIGMADCDN #SIGMAXMount Long-awaited X Mount addition The SIGMA 23mm F1.4 DC DN | Contemporary ― a large-aperture wide-angle lens designed exclusively for APS-C mirrorless cameras ― will now be available for the Fujifilm X Mount. A control algorithm including AF drive and communication speed optimization has been developed specifically for X Mount interchangeable lenses. In addition to realizing high-speed AF, the lens also supports AF-C (Continuous AF) and in-camera aberration correction*. The mount is rubber-sealed to cater for use in a variety of environments. *Function available on supported cameras only. Functionality may vary depending on the camera model. Mount Conversion Service is available to convert other mounts of SIGMA 23mm F1.4 DC DN | Contemporary to FUJIFILM X Mount. https://www.sigma-global.com/en/support/purpose/mcs/ [ Key Features ] 1. Large aperture F1.4 brightness and excellent resolution from maximum aperture The SIGMA 23mm F1.4 DC DN | Contemporary has an easy-to-use angle of view equivalent to 35mm in 35mm format, as well as the brightness of a large F1.4 aperture and high descriptive power. The optics is composed of 13 elements in 10 groups, including 3 SLD glass elements and 2 aspherical lens elements, to achieve sharp, clear images. The lens delivers excellent resolving power from the maximum aperture. Furthermore, the large F1.4 aperture allows for large, beautiful bokeh effects. The compact, palm-size body allows you to enjoy the rich descriptive power of mirrorless cameras. Careful countermeasures against flare and ghosting enable clear shooting even in backlit environments. 2. Compact body optimized for APS-C mirrorless cameras To take advantage of the mobility of APS-C mirrorless cameras, the lens body is compact and lightweight, with a weight of 335g*, length of 79.2mm*, and filter diameter of 52mm. At the same time, the quality of the lens body itself has not been compromised. The high-precision machining technology of SIGMA's sole production facility in Aizu, Japan, has enabled the lens body to achieve the ideal balance between excellent optical performance based on the latest optical and mechanical design, and compactness. The AF drive system uses a quiet, high-speed stepping motor. The latest algorithm enables quick focusing for easy shooting. * The figures are for X Mount. * The length of a lens is measured from the filter surface to its mount. 3. Expands the variety of APS-C format F1.4 prime lenses The SIGMA Contemporary line offers a wide variety of APS-C format F1.4 prime lenses. All of them share the concept of combining superior resolution with compactness and light weight. By combining them according to your needs, you can build a compact photographic system without compromising image quality. * The figures are for X Mount. * The length of a lens is measured from the filter surface to its mount. [ Additional Features ] • Lens construction: 13 elements in 10 groups (3 SLD, 2 aspherical elements) • Inner focus system • Compatible with high-speed autofocus • Stepping Motor • Compatible with lens aberration correction *Function available on supported cameras only. Available corrections or auto correction functionality may vary depending on the camera model. *On cameras where lens aberration correction is controlled with ‘ON’ or ‘OFF’ in the camera menu, please set all aberration correction functions to ‘ON'(AUTO). • Support DMF and AF+MF • Compatible with AF assist (Sony E-mount only) • Super Multi-Layer Coating • Mount with dust and splash resistant structure • Lens Hood LH554-01 • Designed to minimize flare and ghosting • Every single lens undergoes SIGMA’s proprietary MTF measuring system • 9-blade rounded diaphragm • High-precision, durable brass bayonet mount • "Made in Japan" craftsmanship [ Key Specifications ] The figures below are for the X Mount version. Lens Construction: 13 elements in 10 groups (3 SLD, 2 aspherical elements) Angle of View: 63.4° Number of Diaphragm Blades: 9 (rounded diaphragm) Minimum Aperture: F16 Minimum Focusing Distance: 25cm / 9.8 in. Maximum Magnification Ratio: 1:7.3 Filter Size: 52mm Dimensions (Max. Diam. x Length*): 65.8mm x 79.2mm / 2.6in. x 3.1in. Weight: 335g / 11.8 oz. * The length of a lens is measured from the filter surface to its mount. Launch schedule of SIGMA 100-400mm F5-6.3 DG DN OS | Contemporary in FUJIFILM X Mount SIGMA Corporation is pleased to announce the launch schedule of the SIGMA 100-400mm F5-6.3 DG DN OS | Contemporary in FUJIFILM X Mount. Supplied Accessories: LENS HOOD LH770-05, FRONT CAP LCF-67mm III, REAR CAP LCR II, PROTECTIVE COVER PT-31 Available Mount: FUJIFILM X Mount Barcode: 0085126 750756 Available: September 21, 2023 * The appearance and specifications of the product are subject to change. #SIGMA #SIGMA100400mmContemporary #SIGMAContemporary #SIGMADGDN #SIGMAXMount Long-awaited X Mount addition The SIGMA 100-400mm F5-6.3 DG DN OS | Contemporary, which was created in 2020 as the "Handy Tele Master", the DG DN version of the ultra-telephoto zoom dedicated for full-frame mirrorless cameras, will now be added for the Fujifilm X Mount. With the mirrorless large-aperture F1.4 APS-C size single focal length (16mm, 23mm, 30mm, 56mm), F2.8 zoom (18-50mm), and the addition of this super-telephoto zoom lens, SIGMA's X Mount lens lineup has expanded to six lenses. The new lineup covers a wide range of applications, from wide-angle to ultra-telephoto. A control algorithm including AF drive and communication speed optimization has been developed specifically for X Mount interchangeable lenses. In addition to realizing high-speed AF, the lens also supports AF-C (Continuous AF) and in-camera aberration correction*. The mount is rubber-sealed to cater for use in a variety of environments. *Function available on supported cameras only. Functionality may vary depending on the camera model. The switches have also been optimized for X Mount. The "AF Function Setting Switch" allows the user to select a function while the AF Function Button is pressed on the lens side. Mount Conversion Service is available to convert other mounts of SIGMA 100-400mm F5-6.3 DG DN OS | Contemporary to FUJIFILM X Mount. About Mount Conversion Service: https://www.sigma-global.com/en/support/purpose/mcs/ [ Key Features ] 1. Compact ultra-telephoto zoom equivalent to 600mm in 35mm format The SIGMA 100-400mm F5-6.3 DG DN OS | Contemporary for X Mount, the sixth lens to be converted to X Mount, is a ultra-telephoto zoom lens covering an angle of view equivalent to 150-600mm in 35mm format. Despite covering the 600mm equivalent ultra-telephoto range, the lens has a compact design with an length of 199.5mm, a maximum diameter of 86mm, and a weight of 1,135g. It enables ultra-telephoto photography utilizing the compact Fujifilm X Mount system. The SIGMA 100-400mm F5-6.3 DG DN OS | Contemporary, designed for full-frame mirrorless cameras, can be used with an APS-C format X Mount body to deliver extremely high descriptive performance right up to the extreme periphery. 2. Uncompromising image quality The lens construction of the SIGMA 100-400mm F5-6.3 DG DN OS | Contemporary comprises 16 groups and 22 elements, with one FLD and four SLDs used for the effective correction of aberrations and distortions. Built on the latest optical design technology and optimized for mirrorless systems, the lens ensures the same high-resolution image quality all the way to the edges. In addition, it constantly achieves high levels of optical performance and makes the most of its capabilities as a zoom lens in any condition, at every focal length from wide to telephoto, and from close-up shots to telephoto photography. 3. A full range of functionalities that enables smooth and easy ultra-telephoto shooting In addition to a high-speed and smooth AF enabled by the stepping motor optimized to the latest algorithm, the SIGMA 100-400mm F5-6.3 DG DN OS | Contemporary incorporates powerful image stabilization (OS) of five steps* built into the lens. When combined with a camera body with image stabilization built in, the lens corrects for pitch and yaw axis rotations, providing even more powerful image stabilization. It also features the AF function setting switch to which the user may select AF lock/AF activation, and the focus limiter switch that allows optimizing the AF range according to the purpose of shooting, Zoom lock switch that fixes the zoom ring at the widest end, preventing it from rotating and causing the lens barrel to extend under its own weight during transportation, OS Switch which the user may switch between Mode 1 for general photography and Mode 2 for motor sports and other applications requiring panning. In addition, the SIGMA 100-400mm F5-6.3 DG DN OS | Contemporary supports straight zoom, which allows photographers to zoom in and out by adjusting the hood, enabling intuitive and quick view angle adjustments. It features a “Dual action zoom” which supports both straight zoom and ring zoom. * Based on CIPA guidelines (Measured in 400mm with an APS-C size image sensor) 4. Lightweight & Compact lens body SIGMA designed a light and durable ultra-telephoto zoom lens addition to its Contemporary line. The SIGMA 100-400mm F5-6.3 DG DN OS | Contemporary packs functionalities required for angles of view corresponding to focal lengths of 100-400mm in a compact, lightweight body. It is not merely about weight reduction, but the lens is durable, with careful selections to utilize the right materials in the right place. For instance, magnesium alloy is used for the part where a tripod socket is attached, which needs to be very strong. To allow for a pairing with camera bodies of different sizes, a tripod socket, TS-111 kit (sold separately) is available. As this helps reduce any strain on the camera body, photographers can shoot long hours without worrying about it. The tripod socket comes with a strap which also helps reduce strain on the mount when carrying the lens around or during transportation. [ Additional Features ] • Lens construction: 22 elements in 16 groups (1 FLD, 4 SLD) • OS (Optical Stabilizer) function • Inner focus system • Compatible with high-speed autofocus • Stepping motor • Compatible with Lens Aberration Correction *Function available on supported cameras only. Available corrections or auto correction functionality may vary depending on the camera model. *On cameras where lens aberration correction is controlled with ‘ON’ or ‘OFF’ in the camera menu, please set all aberration correction functions to ‘ON'(AUTO). • Super Multi-Layer Coating • AF function button • Focus Limiter • AF function setting switch • OS switch • Zoom lock switch • Mount with dust and splash resistant structure • LENS HOOD LH770-05 • PROTECTIVE COVER PT-31 • Compatible with TRIPOD SOCKET TS-111 Kit • Designed to minimize flare and ghosting • Every single lens undergoes SIGMA's proprietary MTF measuring system • 9-blade rounded diaphragm • High-precision, durable brass bayonet mount • "Made in Japan" craftsmanship [ Key Specifications ] The figures below are for the X Mount version. Lens Construction: 22 elements in 16 groups (1 FLD, 4 SLD) Angle of View (APS-C): 16.2° (W) - 4.1° (T) Number of Diaphragm Blades: 9 (rounded diaphragm) Minimum Aperture: F22-29 Minimum Focusing Distance: 112cm (W) – 160cm (T) Maximum Magnification Ratio: 1:4.1 (at 400mm focal length) Filter Size: 67mm Dimensions (Max. Diam. x Length*): 86mm x 199.5mm / 3.4 x 7.9 in Weight: 1,135g / 40.0 oz. * The length of a lens is measured from the filter surface to its mount. [Contact] For further information, please contact your local authorized SIGMA Service Station listed at the link below: https://www.sigma-global.com/en/world-network/ [Information] SIGMA Corporation: https://www.sigma-global.com/ SIGMA 23mm F1.4 DC DN | Contemporary product page: https://www.sigma-global.com/en/lenses/c023_23_14/ SIGMA 100-400mm F5-6.3 DG DN OS | Contemporary product page: https://www.sigma-global.com/en/lenses/c020_100_400_5_63/ SIGMA X Mount special page: https://www.sigma-global.com/en/magazine/m_series/others-lenses/fujifilm-x-mount/sigma_xmount_lenses/ ### About SIGMA Corporation Craftsmanship. Precision. Dedication. Since 1961, SIGMA has been devoted to the pursuit of advancing photographic technology. Unique to the industry, the family-owned business produces its high-quality, award-winning still photo and cinema camera lenses, DSLR and mirrorless cameras, flashes, filters and accessories from its state-of-the-art manufacturing facility located in Aizu, Japan. In 2012, the company introduced SIGMA Global Vision with three distinct lens lines: Art, Contemporary and Sports. Designed for industry camera mount systems including Canon, Fujifilm, Leica, Nikon, Olympus, Panasonic, Sony and SIGMA, each lens is handcrafted and tested in Japan to ensure a high-performance, premium product that is purpose-built to last. In 2016, the SIGMA CINE lens lineup was launched, further cementing SIGMA as an innovator in imaging engineering. Embodying the core optical DNA that has defined the SIGMA benchmark of excellence, SIGMA CINE lenses meet the needs of advanced 6k and 8k cinema production. Forming the landmark L-Mount alliance alongside Leica and Panasonic in 2018, SIGMA continues its storied tradition of imaging excellence through groundbreaking innovations such as the native L-mount SIGMA fp and fp L full-frame mirrorless digital cameras, announced in July 2019 and March 2021 respectively. These products, along with over 35 award-winning SIGMA Global Vision lenses available in native L-Mount format, demonstrate SIGMA's continued commitment to the creative community through expanded product offerings. With the fp, fp L and these lenses, even more users can now leverage SIGMA's renowned optical formula to achieve their creative vision with ease. For information about SIGMA America, please visit sigmaphoto.com and SIGMA Blog for helpful information about our products, or follow SIGMA America on social media. SIGMA Photo: Facebook | Twitter | Instagram SIGMA CINE: Facebook | Twitter | Instagram Contact Details SIGMA +1 631-585-1144 SIGMA.PR@Sigmaphoto.com Company Website https://www.sigma-global.com/en/

August 31, 2023 09:00 PM Eastern Daylight Time

Image
Article thumbnail News Release

Investor Excitement! Borroe ($ROE) Tokens Soar 25% in Stage 1 Presale!

Blockchain Digest

In the rapidly evolving landscape of cryptocurrencies, investors are constantly looking for the next lucrative opportunity that holds the potential for significant gains. As the year 2023 progresses, a standout contender that has captured considerable interest is Borroe ($ROE). With the investor community eagerly expecting remarkable growth for this token, it's important to explore the catalysts propelling the enthusiasm and positivity surrounding Borroe. >>BUY $ROE TOKENS NOW<< Introducing Borroe ($ROE) Borroe ($ROE) is not your typical cryptocurrency; it stands as an innovative project that is captivating the attention of both experienced investors and newcomers alike. Perfectly located at the crossroads of Web3 advancement and financial empowerment, Borroe ($ROE) presents a new approach to how individuals can harness their future recurring income. Through Borroe ($ROE), individuals can transform their income into Non-Fungible Tokens (NFTs) and offer them for purchase at a reduced rate. This strategy facilitates the acquisition of immediate funds while guaranteeing complete reimbursement on agreed dates. This unique strategy elaborates the core of this cryptocurrency's transformative capability, seamlessly merging AI-fueled risk evaluation, robust blockchain technology, and streamlined payment solutions. With all these utilities, Borroe ($ROE) ranks easily among the best cryptos to buy now. What Is Driving Borroe’s ($ROE) Momentum? Borroe's ($ROE) presale phase has gained substantial traction, featuring an appealing $ROE token priced at $0.0125 per unit in Stage 1. This pricing approach has effectively drawn the interest of investors in search of strategic entry opportunities, and the outcomes underscore its effectiveness. The presale has recorded the sale of over 40 million $ROE tokens, confirming high demand for Borroe ($ROE) and a solid foundation of market confidence. The project's fee infrastructure introduces a level of complexity that resonates strongly with investors. The 3% buy tax, allocated to burn, rewards, and marketing segments, proves a dedication to increasing value and promoting community engagement. Furthermore, the 3% sell tax is strategically tailored to encourage extended-term ownership, creating an atmosphere of stability and progression. The market's reaction has been notably encouraging, marked by a surge in interest and active involvement. Crypto enthusiasts, captivated by Borroe's ($ROE) vision of financial empowerment and inventive methodology, are displaying a strong belief in the project's capacity for massive growth. In the rapidly progressing landscape of blockchain technology, inventive initiatives aimed at resolving real-world issues are progressively gaining popularity. Borroe's ($ROE) emphasis on financial empowerment, transparent leadership, and forward-looking fee structure positions it as a project that integrates perfectly with the evolving needs of the cryptocurrency community. Borroe ($ROE) Price Analysis Throughout Borroe's ($ROE) Beta Stage, its value witnessed a notable 25% increase, rising from an initial price of $0.010 to achieve $0.0125 in Stage 1. This increase in value validates the growing interest in Borroe's ($ROE) expected market growth. Such significant price increases currently position Borroe ($ROE) as the best cryptocurrency to buy now. As the presale advances to Stage 2, Borroe ($ROE) is projected to achieve a valuation of $0.015. Borroe's ($ROE) potential for growth is mostly guaranteed since it is expected to record an impressive 300% surge, propelling it to reach $0.040 by the end of its presale Stage 7. Hurry up and buy the best crypto investment now to enjoy these massive gains. Learn more about Borroe ($ROE) here: Visit Borroe Presale | Join The Telegram Group | Follow Borroe on Twitter Contact Details Borroe Finance Press Team press@borroe.finance

August 31, 2023 05:50 PM Eastern Daylight Time

Article thumbnail News Release

Giddy Smart Wallet Launches Multichain Support Beginning With Ethereum

Giddy

Giddy, the innovative self-custody crypto smart wallet that provides easy retail access to DeFi earning opportunities, is excited to announce it is expanding its advanced private key technology with immediate support for Ethereum Mainnet. This marks the second chain supported by Giddy following its initial launch on the Polygon network, and will soon be followed by other EVM-compatible networks such as Arbitrum, Base, Binance Smart Chain, and more. And, this announcement officially kicks off the start of development for native Bitcoin support in the wallet. Ethereum Mainnet support includes in-app fiat-to-crypto purchases, token swaps, sends, and shopping direct with thousands of the most recognized brands spanning more than 150 countries, and is available immediately. This is a significant milestone for Giddy as it enhances the wallet's functionality and accessibility across different blockchain networks, creating a seamless user experience regardless of network. The key feature of the Giddy wallet is its advanced private key technology which does not require the user to write down or store a seed phrase. Instead, Giddy’s private key solution splits the private key into multiple parts that are owned and managed by the user, including a user-created password, a hardware device such as their phone, and a social login like Gmail or Apple ID. Any one part is useless on its own, significantly reducing any risk of compromise. Furthermore, if one part is lost, the user can still recover their funds. If desired, the user can still export their private key. "Giddy's private key management solution is a game changer among crypto wallets. It simplifies the user experience while enhancing security. By eliminating the need for a seed phrase and breaking down the private key into multiple factors owned by the user, we are empowering users to have more control and security over their funds,” said Eric Parker, CEO and Co-Founder of Giddy. As the world of cryptocurrencies and decentralized finance continues to evolve, Giddy is committed to providing secure, user-friendly, and cutting-edge solutions for its users. This expansion to Ethereum Mainnet and other EVM-compatible chains in the wallet is a major step towards achieving that goal. About Giddy Giddy is on a mission to make decentralized finance accessible to all. With Giddy you can buy, trade, send, earn, and shop with crypto - all from one safe and easy-to-use mobile app. Founded in 2021 by entrepreneurs Eric and Ethan Parker, Giddy's self-custody yet recoverable smart wallet means you're always in control of your money. Learn more: https://giddy.co/ Contact Details Travis Tidball travis@giddy.co Company Website https://giddy.co/

August 31, 2023 04:00 PM Eastern Daylight Time

Article thumbnail News Release

Crypto to Fiat Exchange Revolutionized by Bitgamo

Bitgamo S.A.

Bitgamo is quickly emerging as a top destination for crypto to fiat exchange. More and more crypto enthusiasts are now turning to this platform to enjoy unique benefits such as no-KYC transactions and up to 10% higher exchange rate compared to all other similar services. Bitgamo is available all over the world, including countries with unfavorable crypto policies. Unmatched Features of Bitgamo * Crypto to fiat exchange without KYC or account registration. * Best exchange rates, up to 10% higher than other platforms. * No need to provide proof of funds, passport details, or other identity proofs. * Simple and secure exchange process takes less than 20 minutes. * Round the clock customer support. The emergence of Bitgamo has initiated a new paradigm in the world of crypto because this is the first ever platform to allow crypto to fiat exchange without KYC. The company strongly believes that protecting privacy of the users is extremely important as the basic framework of crypto was built around decentralization. To protect its customers from misuse of data, Bitgamo abstains from using any third-party web analytics, customer service software, marketing automation platforms and email marketing services. The exchange rates available at Bitgamo are considerably higher compared to other exchanges because through its network of third-parties, the company redistributes cryptocurrencies to the Middle East as well as other countries where regulations and policies are not crypto-friendly. Bitgamo users have also expressed their satisfaction about the platform’s lightening fast speed of transaction and proactive customer support. Many industry experts believe that the introduction of no-KYC exchange by Bitgamo will open-up new opportunities for crypto enthusiasts that are not comfortable sharing their sensitive information. This, in turn, can help mainstream adoption of crypto in the near future. To find out more about Bitgamo, please visit https://bitgamo.com/ About Bitgamo: Bitgamo is a cryptocurrency exchange founded in 2020 by a noted financial group with the vision to introduce the benefits of crypto in countries where it is difficult to buy or own cryptocurrencies while addressing privacy related concerns. By redistributing cryptocurrencies through multiple third-parties, Bitgamo offers up to 10% higher price compared to market price. Contact Details Gabriel Weber press@bitgamo.com Company Website https://bitgamo.com/

August 31, 2023 03:53 PM Eastern Daylight Time

Video
Article thumbnail News Release

Southern Gold thrilled with strong Jangnam REE results

Southern Gold Ltd

Southern Gold Ltd (ASX:SAU) MD Rob Smillie tells Proactive the company has identified high-grade rare earth element (REE) mineralisation at the Hongcheon deposit of the Jangnam Project in South Korea, with rock chip samples grading up to 3.27% total rare earth oxides (TREO). SAU collected samples from a broad area around the discovery area, having identified a relationship between REE-enriched ironstones and fenite typically associated with carbonatite, a type of host rock for rare earths. From here, SAU intends to trench sample and run a drone magnetics survey over the discovery area in preparation for drilling in the third and fourth quarters of this financial year. “The team has made great progress enhancing our understanding of Jangnam’s geology and REE mineralisation – these efforts are pivotal to help refine our exploration strategy,” Smillie said. “I am particularly pleased to see new higher-grade TREO values in our main REE discovery area. “This not only reinforces the importance of this discovery but also bolsters our confidence in its significance as we move towards drill testing this area in FYQ3-Q4. Contact Details Proactive Investors Jonathan Jackson +61 413 713 744 jonathan@proactiveinvestors.com

August 31, 2023 03:15 PM Eastern Daylight Time

Video
Article thumbnail News Release

Andromeda Metals at forefront of new kaolin industry in Australia

Andromeda Metals Ltd

Andromeda Metals Ltd (ASX:ADN) managing director Bob Katsiouleris speaks with Proactive after the company delivered a 65% increase in the net present value (NPV) of the world-class Great White Project (GWP) to reach $1.01 billion following a commercial review of the construction-ready South Australian kaolin project. The results of the review, contained in an updated definitive feasibility study (DFS), also delivered a 59% higher average annual earnings before interest tax depreciation and amortisation (EBITDA) of $130 million. The commercial reassessment underlined the potential use of Andromeda's core kaolin products, Great White CRM™ and the Great White KCM™ 90, in established and burgeoning segments such as high-quality ceramic tiles and porcelain tableware. “The 2023 DFS represents the outcome of a rigorous commercial and business strategy review for commercialising our construction-ready project, to meet rising market demand,” Katsiouleris said. “As we move to finalising debt funding, the 2023 DFS will underpin our funding strategy for the remaining capital required to move towards anticipated construction and into production.” Contact Details Proactive Investors Jonathan Jackson +1 623-899-1599 jonathan@proactiveinvestors.com Company Website https://www.proactiveinvestors.com.au/

August 31, 2023 03:05 PM Eastern Daylight Time

Video
Article thumbnail News Release

High-grade Ore from West Red Lake Gold's (WRLG.V) Rowan Deposit Targeted for the Madsen Mill

West Red Lake Gold Mines Ltd.

August 31, 2023 - TheNewswire - Global Stocks News - Two days ago West Red Lake Gold Mines (TSXV:WRLG) (OTC:WRLGF) reported drill results from the Phase 1 exploration program at its 100% owned Rowan Property located in Red Lake Gold District of Northwestern Ontario, Canada. Company discussion of the results used technical phrases like “sub-parallel veins” “ore chutes” and “porphyritic felsic intrusions”.  For the retail investor, the August 29, 2023 drill results provided an indication that Rowan Vein 101 is getting thicker and richer at greater depths. Click Image To View Full Size   Drill Intercept Highlights: Intersected 2.0m @ 66.66 g/t Au, from 235m to 237m, Including 0.5m @ 266.27 g/t Au, from 235.5m to 236m.  Intersected 3.11m @ 21.84 g/t Au, from 275m to 278.11m, Including 0.83m @ 77.64 g/t Au, from 277.28m to 278.11m.  Intersected 10.1m @ 6.27 g/t Au, from 214.9m to 225m, Including 0.6m @ 84.13 g/t Au, from 223.45m to 224.05m.  On the day the results were published, WRLG stock price rose 5% on end-of-summer volumes (62,000 shares traded). “With every hole drilled at Rowan, not only does our confidence in this asset grow, but its viability as a potential future source of high-grade mill-feed for Madsen increases as well,” stated Shane Williams, WRLG President and CEO. “In the mining industry it is very rare to have size and grade working in your favor, but at Rowan we are seeing both.” WRLG’s flagship asset - The Madsen Gold Mine – is debt free, fully permitted, with a brand new 880+ tonne per day mill, a tailings and water treatment facility. It was purchased last spring for “pennies on the dollar” after a previous operator was hampered by too much debt and an inefficient mine-plan. The new CEO Shane Williams has designed, built and operated mines around the world - for Skeena Resources, Eldorado Gold and Rio Tinto. Click Image To View Full Size   “My technical team conducted three months due diligence on this project,” Williams told Guy Bennett, CEO of Global Stocks News (GSN). “When you isolate the mineral asset from previous mine strategies, a pathway to profitable production becomes clear.  That’s what we are working on, all day, every day – delineating that pathway.” Williams “ability to build high-performance teams and cultures make him an excellent fit for the Company,” stated Frank Guistra, advisor and major shareholder of WRLG. “I am genuinely excited to see the positive impact he will have on the Company’s future.” The Red Lake Gold District has yielded over 30 million ounces of gold from high-grade zones and hosts some of the world's richest gold deposits. With only 15 kilometers separating the two projects, WRLG states that “potential synergies could exist between high-grade resources at the Rowan Mine target area and Madsen”. Click Image To View Full Size   Metallurgical and geotechnical studies are being conducted to “better characterize the rock mass properties within the mineralized vein zones at Rowan.” “Current drilling at Rowan has only tested mineralization down to a depth of approximately 550 meters,” stated WRLG. “All of the high-grade zones still remain open below this vertical depth. The Red Lake Mining District is known to host orebodies that extend down to +4 kilometre (km) depth, which bodes well for the down-plunge growth potential at Rowan”. “The Rowan project has 800,000 ounces of gold already defined as a resource,” Williams told GSN. “But we consider it an exploration stage project. It's a typical Red Lake system. As we drill deeper into the system, we're getting higher grades. As a stand-alone asset, this has value.” “But to maximize returns on Rowan we would like to feed the ore to the Madsen Mill,” Williams continued. “The material could be trucked around the lake or across an ice-road in the winter.” Click Image To View Full Size   At the Rowan project, WRLG has completed 37 drill holes (11,467 meters) of a drilling program that has been expanded from 17,000 meters to 25,000 meters. As infill and expansion drilling takes place at Rowan, WRLG baseline environmental and archaeological assessments have begun with the objective of moving the project towards an Advanced Exploration Permit status. Contact: guy.bennett@globalstocksnews.com Full Disclaimer

August 31, 2023 03:00 PM Eastern Daylight Time

Image
Article thumbnail News Release

Toubani Resources developing project of scale at Kobada

Toubani Resources Inc. CDI

Toubani Resources Inc (ASX:TRE, OTC:AGGFF) CEO Phil Russo speaks with Proactive following news the company is adding A$3.8 million to its exploration war chest for the Kobada Gold Project in southern Mali after securing firm commitments from existing and new institutional and sophisticated investors in a fully-subscribed placement. Funds raised will be allocated towards several key initiatives, including the completion of an optimised definitive feasibility study to further develop the large-scale oxide gold project. “We are excited to be moving into this phase of Toubani’s evolution underpinned by the recently announced significant oxide gold resource and with a clear line of sight on the potential of Kobada as a gold project dominated by free dig, free milling and soft rock material of scale,” Russo said. “We look forward to surfacing this value and showcasing the attractiveness of Kobada in the months ahead and thank our existing shareholders for their support, while we welcome a number of new shareholders to our register.” Contact Details Proactive Investors Jonathan Jackson +61 413 713 744 jonathan@proactiveinvestors.com

August 31, 2023 02:40 PM Eastern Daylight Time

Video
Article thumbnail News Release

ASMC, AUVSI and NCMA Collaborate for Combined Response to Interim Report from Congressional Commission on PPBE Reform

National Contract Management Association

The American Society of Military Comptrollers (ASMC) Planning, Programming, Budgeting, and Execution (PPBE) Reform Task Force, the Association for Uncrewed Vehicle Systems International (AUVSI), and the National Contract Management Association (NCMA) today jointly respond to the Congressional Commission on PPBE Reform’s (Commission) Interim Report which was released on August 15, 2023. The PPBE Reform Task operates in parallel with the Commission to define a set of fundamental principles and policy actions to improve the allocation of resources deemed necessary to accomplish the mission of the Department of Defense (DoD). The ASMC PPBE Reform Task Force Chairman Michael Conlin released a statement on behalf of the Task Force stating, “We appreciate the Commission’s decisive leadership in itemizing actions that can be implemented now for immediate benefit, as well as identifying a range of potential changes and requiring congressional and DoD stakeholder input before the Commission makes recommendations in its Final Report.” He added, “The Commission’s recommendations equitably balance the interests of all stakeholders involved in the process.” The Interim Report provides information on the Commission’s research over the past year, specifically seeking feedback on potential recommendations under consideration that require additional stakeholder feedback and assessment to inform the Commission’s Final Report and identifying actions where implementation could begin as soon as feasible. These potential recommendations and actions are designed to improve: • PPBE-related relationships between the DoD and Congress; • PPBE processes to enable innovation and adaptability; • Alignment of budgets to strategy; • PPBE business systems and data analytics; and • Capability of the DoD PPBE programming and budgeting workforce. Michael Robbins, Chief Advocacy Officer at AUVSI, stated: “Our Nation’s ability to quickly adapt and field new technologies to counter our adversaries’ rapidly evolving capabilities hinges on meaningful PPBE Reform. The Interim Report's recommendations set a starting foundation to inject greater speed and agility into DoD’s Budget, Requirement and Procurement processes. Our industry members look for Congress and the Pentagon to consider these recommendations and implement change where appropriate as quickly as possible.” “The ASMC PPBE Reform Task Force applauds the Commission for its diligence over the past year, completing more than 560 interviews to date gaining insight from experts in the PPBE process and related fields that include current and former personnel from Congress, the DoD, industry, academia, and research organizations,” said Conlin. “The Commission has also leveraged research performed both by its own staff and several outside research organizations. We are encouraged by the dialogue we have had between the Commission who heavily relied on the knowledge and experience of its 14 Commissioners and the Commission staff.” The ASMC PPBE Task Force is encouraged by the Commission’s transparency in acknowledging, “that while the current PPBE system has its strengths, significant improvements can be made.” PPBE represents a decision support system that has been the standard process for over 60 years. “We remain committed to elevating the discussion on PPBE reform, advocating for ASMC member interests, and supporting reform recommendations that meet the needs of government and industry to produce military capability for the 21 st Century,” said ASMC President & CEO Rich Brady. “AUVSI and its industry members fully support both the Congressional PPBE Reform Committee and the ASMC PPBE Reform Task Force. It will be their combined recommendations that will position DoD stakeholders and decision-makers with the necessary tools to rapidly advance our warfighter’s technological advantage,” said Robbins. “Our community represents government and industry contracting professionals who are committed to the most efficient and effective business practices to facilitate mission delivery. We applaud the efforts and support findings of the Commission and the ASMC PPBE Reform Task Force to find real solutions that work,” said NCMA CEO Kraig Conrad. About ASMC The American Society of Military Comptrollers (ASMC) is the non-profit educational and professional organization for persons, military and civilian, involved in the field of defense financial management. It represents over 14,000 professionals in the defense financial management community, 105 chapters, and 70 corporate partners. ASMC promotes the education, training, and certification of its members, and supports the development and advancement of the defense financial management profession. About AUVSI: The Association for Uncrewed Vehicle Systems International (AUVSI), the world's largest nonprofit organization dedicated to the advancement of uncrewed systems and robotics, represents corporations and professionals from more than 60 countries involved in industry, government, and academia. AUVSI members work in the defense, civil, and commercial markets. About NCMA: The National Contract Management Association (NCMA) stands as the premier contract management organization whose mission is to collaborate towards a globally recognized contract management profession that strengthens its nexus with related acquisition communities. Serving approximately 20,000 members in both the public and private sectors, NCMA propels the growth, advancement, and impact of practitioners through a steadfast commitment to serve through the open exchange of ideas in neutral forums. ### Since its founding on May 19, 1959, NCMA has grown as a professional society to advance the contract management profession and its nexus with related acquisition communities through engagement, standards, and professional development. Through the years, our mission has remained focused on providing high-quality resources to have a positive impact on our profession and the career goals of our members and customers. Contact Details NCMA Holly DeHesa +1 281-865-3296 holly.dehesa@ncmahq.org Company Website https://www.ncmahq.org/

August 31, 2023 02:05 PM Eastern Daylight Time

1 ... 826827828829830 ... 3511