–News Direct–

Standard Uranium Vice President of Exploration Sean Hillacre joined Steve Darling from Proactive to announced that drilling and mobilization plans have been finalized for the inaugural drill program on the 7,302-hectare Canary Project. Under a three-year earn-in option agreement with Mamba Exploration, the project is poised for significant exploration activity.

Hillacre explained that Mamba Exploration holds a three-year option to earn a 75% interest in the Canary Project by funding exploration expenditures. The inaugural drill program, set to commence soon, will see the deployment of 1,000-1,500 meters of drilling across 3-4 drill holes. These holes will target shallow high-grade unconformity-related uranium mineralization.

The drilling plans involve helicopter-supported diamond drilling, focusing on high-priority unconformity-related uranium targets refined by the Company's geophysical work completed in 2022. The ideal unconformity and basement target zones on the Project lie within approximately 200-350 meters below the surface. Notably, one diamond drill will concentrate on the highest-priority target area along the northern electromagnetic anomaly, investigating a significant resistivity anomaly coincident with modeled VTEM conductors for the first time.

With these comprehensive drill plans in place, Standard Uranium is positioned to advance exploration efforts at the Canary Project, aiming to unlock its uranium potential and drive value for stakeholders.

Contact Details

Proactive Canada

+1 604-688-8158

[email protected]

View source version on newsdirect.com: https://newsdirect.com/news/standard-uranium-set-to-begin-inaugural-drill-program-on-canary-project-792966149

Standard Uranium Ltd

COMTEX_451676324/2655/2024-04-30T16:20:22

–News Direct–

EDM Resources CEO Mark Haywood joined Steve Darling from Proactive to share news the company is poised for an exciting period of exploration as it ramps up activities at its flagship Scotia Mine property near the Halifax airport. Haywood shared insights into the company's progress, highlighting significant milestones achieved and future plans.

The Scotia Mine project, set to produce zinc, lead, and gypsum, is nearing the completion of its permitting process, with full permitting expected by July. Major permits have already been secured from the Department of Fisheries and Oceans, with only a final federal permit pending. Financially, the project demonstrates robust economics, with a net present value (NPV) of CA$107 million and an after-tax internal rate of return (IRR) of 65%. Projected operating free cash flow of over CA$357 million over its 14-year lifespan further underscores its economic viability.

With approximately 150 long-term jobs expected to be generated, the project requires CA$31 million to commence production, with funding secured through non-dilutive debt financing. The favorable economic outlook of the mine is bolstered by rising zinc prices and operational enhancements, including upgrades to crushing and grinding equipment and a new dense media separation study aimed at improving ore quality.

In addition to operational advancements, EDM Resources Inc is expanding its board and plans to provide regular updates through its newsletter, reflecting its commitment to transparency and stakeholder engagement.

Contact Details

Proactive North America

+1 604-688-8158

[email protected]

View source version on newsdirect.com: https://newsdirect.com/news/edm-resources-nears-production-with-strong-economic-outlook-in-nova-scotia-mining-project-937933333

EDM Resources Inc

COMTEX_451676320/2655/2024-04-30T16:20:20

–News Direct–

The Liechtenstein Group, known for its commitment to sustainable agriculture and innovative technologies, is leading a funding round of 22.5 million in the US company PowerPollen. PowerPollen has developed a unique pollination technology that allows pollen to be collected, preserved, and applied on-demand. This technology promises significantly better pollination and thus higher crop yields.

Pollen from wind-pollinated crops usually survives only a few minutes to hours at most. Climate change drought, excessively high temperatures, pollinator decline, and extreme weather events has made the pollination of these plants even more complex. PowerPollen's technology offers a contemporary solution to these challenges in commodity crops, ensuring more stability and consistency in agricultural yields.

PowerPollens patented technology and hardware collects pollen from male plants, and then preserves the viability of the pollen up to four years for future application. Using a custom applicator, the pollen can be applied precisely at the right time and under ideal conditions in the fields. Yield improvements of over 20 percent with corn seeds significantly contribute to improving global food security. Targeted pollination "on demand" reduces the need for male plant rows, leading to reduced land use, as well as lower water and resource consumption.

In recent years, PowerPollen has proven its technology through successful partnerships with industry leaders, such as Bayer and Corteva for corn, and BASF for wheat, and underscores the value of leveraging scale-up innovation, like PowerPollen, to meet the worlds goals for more sustainable food production.

"For years, our technology has proven effective in corn and continues to demonstrate strong potential for applications in other crops. With the new financing, we'll continue to advance our technology, aided by the expertise and global network of the Liechtenstein Group," said Todd Krone, Co-Founder and CEO of PowerPollen.

PowerPollen Rice Joint Venture Leverages On-Demand Pollination for Hybrid Rice

As well as taking a stake in PowerPollen's parent company, the Liechtenstein Group has also established a promising joint venture with PowerPollen, PowerPollen Rice, which focuses on the development and commercialization of the pollination technology to rice.

Hybrid rice, with a 20 percent or higher yield advantage over conventional pure line varieties, remains a cornerstone of global food security. Traditional rice cultivation poses escalating environmental and economic risks, including groundwater depletion, methane emissions and labor challenges. Enabling better hybrid rice pollination systems has the potential to increase the global rice value and sustainable production.

"We are absolutely convinced of the technology and its importance for more sustainable agriculture and global food security. For RiceTec, our rice seed company, the technology also has enormous potential to further increase the efficiency of this staple food crop for billions of people worldwide," said Johannes Meran, CEO of the Liechtenstein Group. "Through RiceTec genetics and PowerPollens technology, we can unlock untapped efficiencies in hybrid rice production, setting the stage for a significant leap forward in global food security and climate change mitigation.

This research collaboration will result in commercialization of PowerPollens technology for rice seed production by 2027.

About Liechtenstein Group

The Liechtenstein Group is an international group of companies and investment platform owned by the Foundation Prince Liechtenstein, operating in the areas of Food & Agriculture, Forestry, Renewable Energy and Real Estate. The Group pursues a long-term investment strategy with an international orientation, focused on its four core sectors. Through its activities, the Liechtenstein Group aims to make a positive contribution to the sustainable development of these industries. Liechtenstein Group's portfolio companies include, among others, rice seed company RiceTec, N-Drip, the LIECO Group, TESVOLT, PV-Invest, Wilfersdorf Estate and Forestry Operations, Kalwang Forest, and Liechtenstein Real Estate. Further information may be found at www.lgroup.com.

About PowerPollen

PowerPollen offers a breakthrough, scalable technology to collect, preserve and apply pollen on-demand to help improve the productivity, profitability and sustainability of modern farming practices. Following multiple seasons of year-round field trials, PowerPollens patented pollination technology increased yield by more than 20% in commercial hybrid corn seed production fields. The company has applied its technology across thousands of commercial acres over the past several years. PowerPollen is headquartered in Iowa with additional research operations in Puerto Rico and Texas. Learn more about how PowerPollens on-demand pollination technology works at www.powerpollen.com

Contact Details

The Liechtenstein Group

Julia Holter

[email protected]

AgTech PR for PowerPollen

Jennifer Goldston

[email protected]

View source version on newsdirect.com: https://newsdirect.com/news/liechtenstein-group-invests-in-powerpollen-to-unlock-potential-for-major-food-crops-485467953

Liechtenstein Group

COMTEX_451652822/2655/2024-04-30T07:04:00