News Release
Moho Resources boosts nickel prospectivity at Weld Range North
Moho Resources Ltd
Moho Resources Ltd (ASX:MOH) MD Ralph Winter tells Proactive the company has enhanced the nickel prospectivity of the Weld Range North Project in the Murchison region of Western Australia through an orientation soil sampling survey. Anomalous assays from the soil survey indicate a mafic-ultramafic geochemical signature over coincident bullseye gravity and magnetic anomalies that are under cover. The Weld Range North Project, which is one of seven projects, was acquired through collaboration with Whistlepipe Exploration in 2022. Winter said: “We are very excited about the nickel prospectivity of the Weld Range North Project and the part it’s playing in Moho’s critical minerals strategy. “Originally targeted for Moho by the highly awarded Whistlepipe directors for their role in the discovery of the Julimar Nickel-Copper-PGE discovery under cover, Weld Range North appears to have some early signs of a significant nickel discovery.” Contact Details Proactive Investors Jonathan Jackson +61 413 713 744 jonathan@proactiveinvestors.com
August 24, 2023 03:30 PM Eastern Daylight Time
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News Release
Erez Capital Makes Investment in Curio®
Converting Nuclear Waste into Sustainable Energy
PlatoData
Boston, Massachusetts, August 24, 2023 ( PlatoData via 500NewsWire) -- Erez Capital, a rising star in the venture capital arena with a firm focus on disruptive technologies, is thrilled to announce a strategic investment of $100,000 in Curio®, an avant-garde deeptech startup. Curio stands at the vanguard of nuclear technology innovation, pioneering the develop and commercialization cutting-edge technologies that are aimed at converting nuclear waste into safe and sustainable energy sources. "Throughout Erez Capital's journey, I've had the privilege of engaging with numerous startups. Among them, Curio shines as a company positioned to reshape the renewable technology landscape. Beyond mere concepts, Curio boasts an established patented process with a clear path to commercialization, led by a dedicated workforce, a distinguished board of experts, and visionary leadership. Together, they're propelling the company toward unparalleled heights within this industry," shared Michael Benezra, the Managing Director and Founder of Erez Capital. Curio's breakthrough hinges on its patented nuclear waste recycling technology NuCycle®, which effectively addresses the longstanding challenges of the light-water reactor fuel cycle. The company has secured substantial investments, including vital support from the Department of Energy's ARPAe program, as well as continued investments from Synergos Holdings - a distinguished deeptech accelerator based in New York, led by visionary founders Rabbi Yechezkel Moskowitz and Yehudah Moskowitz. Under the adept leadership of President and CEO Ed McGinnis, a former Executive Director of the President's Council of Advisors on Science and Technology (PCAST) and Acting Secretary for Nuclear Energy at the U.S. Department of Energy (DOE), Curio is ushering in a new era of nuclear recycling and energy transformation. For media inquiries, please reach out to: Michael Benezra, mbenezra@erezcapital.io About Erez Capital: Erez Capital is an early-stage venture capital firm in Boston, investing in seed-stage startup companies at the forefront of digital transformation. For more information, visit https://ErezCapital.io. About Curio: Curio® is a leading deeptech startup dedicated to revolutionizing the energy landscape through its groundbreaking nuclear waste recycling technology NuCycle®. By converting nuclear waste into secure and renewable energy resources, Curio is determined to shape a cleaner and more sustainable future. Guided by the expertise of President and CEO Ed McGinnis, a distinguished luminary in the field of nuclear energy, Curio is poised to redefine how we approach energy generation and waste management. Contact Details Michael Benezra mbenezra@erezcapital.io Company Website https://www.erezcapital.io/
August 24, 2023 03:09 PM Eastern Daylight Time
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News Release
Simplifying global payments: RocketFuel's solution for unbanked and crypto-friendly earnings
RocketFuel Blockchain
Rocketfuel Payment Solutions sales manager Daniel Gonzalves joined Steve Darling from Proactive to discuss the challenges faced by large corporations seeking global payment solutions. The focus was on addressing the needs of unbanked individuals and those embracing cryptocurrencies, RocketFuel offers a streamlined approach to payments. Gonzalvez emphasized the strain on corporations' accounting and compliance departments when dealing with cross-border payments, stressing the importance of simplified processes. RocketFuel's solution involves transferring funds into a custodial trust account and then directing payments, thereby simplifying the payment process for gig workers and contractors. This method offers flexibility, speed, and reduced fees, eliminating concerns about fluctuating exchange rates. Additionally, Gonzalves highlighted the benefits of crypto's encryption and decentralization, particularly for the unbanked. Gonzalves elaborated on the advantages of using crypto for cross-border payments, bypassing traditional banking systems and ensuring swift, stable payments. He noted that approximately 50% of individuals are open to receiving their earnings in cryptocurrency, especially stablecoins tied to the US dollar, such as Tether or Circle. RocketFuel's mission is to facilitate global payments in any currency—both fiat and crypto—for businesses and individuals alike, catering to the evolving needs of the modern financial landscape. Contact Details Proactive Investors +1 604-688-8158 na-editorial@proactiveinvestors.com
August 24, 2023 01:56 PM Eastern Daylight Time
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Forrestania Resources recommences lithium field work in Canada
Forrestania Resources Ltd
Forrestania Resources Ltd (ASX:FRS) MD Michael Anderson tells Proactive the company has recommenced fieldwork at the Hydra Lithium Project in James Bay in Quebec, Canada, after authorities suspended the program in June due to forest fires in the region. The fieldwork is being carried out by Forrestania’s joint venture partner ALX Resources Corp and involves reconnaissance and rock sampling of priority targets in the eastern area of Hydra, which is currently unaffected by fire conditions. The work at Python East and Python West will continue into early September. “We are obviously pleased to be getting back on the ground after the delays related to the forest fires and associated restrictions,” Anderson said. “We are grateful to our joint venture partner ALX for managing the various logistical challenges created by the delays and now look forward to testing the potential of the Hydra Project, which comprises one of the larger landholdings in this highly prospective jurisdiction.” Contact Details Proactive Investors Jonathan Jackson +61 413 713 744 jonathan@proactiveinvestors.com
August 24, 2023 01:50 PM Eastern Daylight Time
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Fireweed Metals' new assay results from Macmillan Pass show big intercepts at Boundary Zone
Fireweed Metals Corp
Fireweed Metals Corp CEO Brandon Macdonald joined Steve Darling from Proactive to unveil exciting developments regarding the company's most extensive drill program to date. This remarkable initiative, slated to cover an impressive 22,000 meters, has once again yielded impressive results as evidenced by the latest assays. Macdonald shared with Proactive that the ongoing drill program has unveiled multiple zones of zinc-lead-silver mineralization, characterized by their substantial width and high grades. These zones have been discovered within a stratiform, laminated to massive sulphide layer at the Boundary Zone, a crucial component of an expansive sediment-hosted massive sulphide system. A standout example of the program's successes is hole NB23-007, which intersected a higher segment encompassing 82.5 meters with concentrations of 11.9% zinc, 2.2% lead, and 81.2 g/t silver. Notably, within this larger zone, a subsection of 27.03 meters exhibited even more remarkable concentrations, with 26.7% zinc, 4.2% lead, and 165.2 g/t silver. Macdonald highlighted the diversity of mineralization patterns encountered during the 2023 step-outs, encompassing stratiform massive sulphides, laminated mineralization, replacement mineralization, veins, and breccias. An exciting observation is the consistent presence of zinc mineralization in each step-out hole that has been completed to the full depth, both at the Boundary Zone and the Tom deposit. Contact Details Proactive Canada +1 604-688-8158 na-editorial@proactiveinvestors.com
August 24, 2023 01:49 PM Eastern Daylight Time
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SPC Nickel updates Phase 2 drill program at West Graham project including intersecting 1.27% nickel
SPC Nickel Corp
SPC Nickel CEO Grant Mourre joined Steve Darling from Proactive with an update on the progress of the Phase 2 drill program at the West Graham Project in Sudbury. The company has achieved significant milestones in this endeavour, having drilled over 6,748 meters thus far. The program's main objective is to validate and expand upon historical mineralization, achieving anticipated or even superior grades. The ongoing program is meticulously designed to provide the requisite data for an updated global resource estimate for the West Graham Project, which is scheduled for completion by the end of 2023. This encompassing estimate will also factor in the Crean Hill Project, which SPC Nickel acquired in January. Mourre highlighted a standout achievement in this latest batch of results, specifically emphasizing Hole WG-23-047. This hole delivered an exceptional high-grade section, revealing concentrations of 1.27% nickel and 0.47% copper over a span of 18.00 meters, ranging from 245.00 to 263.00 meters. Remarkably, this segment was situated within a broader zone of nickel and copper mineralization, spanning 50.00 meters from 221.00 to 271.00 meters, and averaging 0.70% nickel and 0.32% copper. Contact Details Proactive Canada +1 604-688-8158 na-editorial@proactiveinvestors.com
August 24, 2023 01:45 PM Eastern Daylight Time
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Incannex preparing psilocybin therapy FDA IND application
Incannex Healthcare Ltd
Incannex Healthcare Ltd (ASX:IHL, NASDAQ:IXHL) chief medical officer Dr Mark Bleakley tells Proactive the company is preparing an application to gain key regulatory approval to begin clinical trials in the US for its psilocybin-assisted psychotherapy development program (Psi-GAD). PsiGAD is a unique and proprietary form of therapy to treat patients with generalised anxiety disorder (GAD). Interim analysis for the Phase 2 Psi-GAD clinical trial in March at Monash University predicted a greater than 85% chance of the trial showing statistically significant benefit for the psilocybin treatment arm versus the placebo arm. Work on the draft IND application comes ahead of final results from the Psi-GAD clinical trial, which are expected in Q4 2023 or Q1 2024. Incannex CEO and managing director Joel Latham said of the application, “Commencing IND preparation demonstrates our confidence in the utility of the Psi-GAD therapy. "The interim analysis and the progress made by Dr Liknaitsky and his team at Monash University has empowered us to fast-track various strategic business decisions to hasten the development of the therapy. "Our organisation is consistently fortifying its position as a frontrunner within the psychedelic research sector and we eagerly anticipate the results from our Phase 2 trial upon its completion.” Contact Details Proactive Investors Jonathan Jackson +61 413 713 744 Jonathan@proactiveinvestors.com
August 24, 2023 01:15 PM Eastern Daylight Time
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Brightstar Resources fields high-grade gold at Cork Tree Well
Brightstar Resources Ltd
Brightstar Resources Ltd (ASX:BTR) MD Alex Rovira tells Proactive the company has returned numerous high-grade gold hits from reverse circulation drilling at Cork Tree Well (CTW) within the prolific Laverton Gold Belt of Western Australia. The highest-grade area is the Delta prospect, representing the first likely area of mining in a future mining scenario. With no historical mining, Delta is the northern-most section of the CTW system defined to date and is open for a further 3 kilometres along strike to the north. Moving forward, Brightstar is kicking off a 4,500-metre aircore drilling campaign at CTW in September, targeting extensions to the north with 3 kilometres of untested and highly prospective strike. Rovira said: “We are pleased to receive the final assays from the Laverton Gold Project RC program, after successful completion of the recent drilling at Menzies. “The Cork Tree Well program had two defined objectives – the first being infill drilling at the Delta zone within the CTW mineral resource to provide a better understanding on the structures controlling the higher-grade mineralisation, and the second to test the higher-grade plunging shoot within the CTW main system as a follow up to drilling earlier in the year, which indicated mineralisation that has the potential for possible extraction using underground mining methods. “At Delta, the three-hole program saw the holes drilled on different orientations to the historic drilling that has previously tested the broadly north-south striking system at CTW.” Contact Details Proactive Investors Jonathan Jackson +61 413 713 744 jonathan@proactiveinvestors.com
August 24, 2023 01:00 PM Eastern Daylight Time
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Additive Manufacturing Startup 3DM Is Now Seeking Strategic Partners To Evolve the Industry
Prodigy Press Wire
3DM Digital Manufacturing, an Israeli startup offering exclusive SLS 3D printing solutions, is now seeking strategic partners. 3DM was founded over seven years ago by PhD-educated expert, Dr. Daniel Majer. The team has worked tirelessly to perfect their technical applications and is looking to connect with knowledgeable partners. 3DM wants to build mutually beneficial relationships with industry experts and business partners interested in developing the industry further. “We have strategic partners we work with already, and these will provide feedback on our technology and products, and will assist pushing the performance envelope further. We've been working with these partners for some time now and value their feedback and (indirect) contribution to our technology development and product roadmap,” says CEO Ido Eylon. 3DM develops laser systems and printer heads aiming for mass production applications. Fulfilling this goal would allow them to innovate current manufacturing methods and increase efficiency for companies worldwide. 3DM’s technology is aligned with this goal, but the company needs more strategic partners. Through these partnerships, 3DM will improve existing products by making them more suitable for their specific high volume production needs. 3DM SLS printers - Addressing additive manufacturing high volume production applications. Utilizing 3D printing for mass production will enable companies to accelerate their customization abilities and overcome supply chain fragilities uncovered by global events such as COVID-19 pandemic, the Russia Ukraine war, and USA China trade wars. "3DM has the right technology and building blocks to make additive manufacturing a preferred option for high volume production. If we have the expertise and backing of additional strategic partners, our company will produce transformation for every supply chain in the world. 3DM already leverages the most promising technologies today and we continuously push the envelope of possibility. We’re breaking down barriers and that is an exciting journey, I think any partner would like to be part of,” says Ido Eylon. 3DM’s SLS printing solutions have an unlimited number of market applications. They can be used to manufacture any kind of plastic product and 3DM machines are highly customizable. The startup is the only company to create its quantum cascade lasers with highly specialized capabilities for 3D printing. A few of these lasers can be combined into single beams and a few beams can be combined into a single printer. This advanced technology allows 3DM to create lasers at the wavelengths that are most efficient for different plastic melting. In this regard, 3DM can leverage a wide library of materials. Their results also produce higher-quality products at a faster rate. 3DM QCL lasers - The wavelength is optimized for plastics melting 3DM’s team is knowledgeable and passionate about additive manufacturing. Founder Dr. Daniel Majer has over 20 years of entrepreneurial experience and expertise in semiconductor electro-optical devices. Similarly, CEO Ido Eylon has worked in the industry for two decades. He has led technical application teams and international corporations as a former executive. 3DM is at the forefront of innovation in additive manufacturing. Their disruptive technologies are poised to revolutionize historic practices and inspire positive change globally. Media Contact Name: Ido Eylon Email: ido.eylon@3dm-tech.co.il Release ID: 714557
August 24, 2023 12:30 PM Eastern Daylight Time
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