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Gold Basin Provides Exploration Update and Announces Q2 RC Drill Program

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(via TheNewswire)

Gold Basin Resources Corporation

Vancouver, British Columbia: Gold Basin Resources Corporation (the “Company” or “Gold Basin”) – (TSX-V GXX, OTCQB: GXXFF) today provided an exploration update, which includes the announcement of a fully-funded 3,000-meter (“m”) Q2 reverse-circulation (“RC”) drill program at the Company’s 100%-owned Gold Basin oxide gold project in northwestern Arizona (the “Gold Basin Project” or the “Project“).

Colin Smith, Chief Executive Officer of the Company, commented, “It is with great excitement that we announce the first drill program of 2024, which will focus on resource expansion and delineation at the Gap Zone, Stealth Deposit, and Cyclopic Deposit. Drilling in 2021-2023 established Red Cloud and Stealth as at-surface, high-grade oxide gold systems that remain open in all directions, with the interstitial 600-meter-long Gap Zone returning near-surface intercepts last year, suggesting the presence of a contiguous 1.5-kilometer-long deposit. The ~30,000 meters of drilling Gold Basin has completed since 2020 will support the maiden NI 43-101 oxide gold resource, to be released this year.”

Q2 2024 Resource Expansion RC Drill Program

Two successful drill campaigns totaling 7,228 m were conducted in 2023, largely focused on the Stealth-Gap-Red Cloud trend. Thick intersections of shallow, high grade oxide gold mineralization were returned throughout the corridor, with the Red Cloud target advancing to a bonafide at-surface high grade oxide gold deposit, located 600 m to the east-southeast of the outcropping Stealth Deposit. In addition, numerous auriferous intercepts were drilled in the Gap, a sparsely drilled 600 m zone that separates the Stealth and Red Cloud Deposits. These hits suggest the presence of a contiguous 1.5-kilometer-long oxide gold deposit throughout the full trend, which remains open along strike in both directions, and at depth, and is strategically located 800 m southwest of the 1.7-km-long at-surface Cyclopic Deposit (Figure 1).

The first phase of 2024 RC drilling will total 3,000 m and commence in late April or Early May, with a focus on resource expansion and delineation at the Stealth-Gap-Red Cloud trend, and the Cyclopic Deposit. Gold Basin intends on drilling the Gap Zone to a ~50-meter hole or pierce point spacing, as well as testing open-ended mineralization at the adjacent deposits (Figure 1).

The Company has its full 5 acres of allowable disturbance remaining and intends on using existing accesses to complete this round of drilling to best assess where to construct new roads for subsequent drilling in 2024.


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Figure 1: Q2 2024 RC drill target areas.

Geological Mapping and Prospecting

A variable-scale geologic mapping and prospecting program is ongoing at the Gold Basin Project, focused on understanding the structural geometry of and the controls on gold mineralization. The area of interest includes the main Cyclopic and Stealth-Gap-Red Cloud trends, and highly prospective exploration ground to the east and west of these oxide gold deposits, which hosts multiple strong undrilled gold-in-soil anomalies. To date, a total of 12 square kilometers have been mapped at a scale of 1:10,000, and within this region, the key zones of mineralization were mapped at a scale of 1:5,000, totaling approximately 5.5 square kilometers of higher resolution mapping to aid with resource definition and expansion. A digital synthesis of the program is underway.

Ground Geophysics

Gold Basin conducted two ground gravity surveys in 2023, focused on the Project’s center-of-mass which encompasses the Cyclopic and Stealth-Gap-Red Cloud trends, as well as the highly prospective undrilled ground to the east and northeast of Cyclopic. The Company intends on expanding coverage to the adjacent claim boundaries to further assess prospectivity of near-surface oxide gold systems, buried porphyry centers and Iron Oxide Copper-Gold (“IOCG”) mineralization.

Multiple untested gravity high targets were identified from the 2023 surveys, including a coincident 3D magnetic-gravity anomaly located immediately east of the southern portion of Cyclopic. This target represents a characteristic geophysical signature of a potential IOCG or porphyry center, and warrants testing in future exploration drill programs.

2024 Metallurgy

To date, the Company has conducted two rounds of metallurgical testwork at Kappes, Cassiday & Associates (“KCA”) in Reno, Nevada in 2021 and 2022 on composite samples from the Cyclopic Deposit. Results to date demonstrate strong recoveries that are akin to a broad range of operating heap-leach projects in the southwestern USA, demonstrating that there are no metallurgical barriers to a heap-leach gold extraction operation at Gold Basin.

Leach tests on samples from Cyclopic returned an average extraction of 72% gold and a maximum extraction of 86% gold, across the range of head grades and at varying depths and locations to ensure representativeness. Results to date show a low sodium cyanide and reagent consumption, extremely low preg-robbing, and favorable agglomeration and compaction tests, with agglomerated samples passing percolation tests up to 100 metres dump height (KCA standard height recommendation is 40 metres).

The growing gold endowment and unconstrained mineralized envelope present at the Stealth-Gap-Red Cloud trend warrants an additional round of metallurgical testwork in 2024 to ensure amenability to the current processing circuit. Gold Basin anticipates similar or improved results, based on the analogous style of mineralization, host rocks, and higher-grade nature of the Stealth-Gap-Red Cloud trend.

2024 Plan of Operations

The Company will initiate a Plan of Operations in 2024, to further derisk and advance the oxide gold deposits towards development. Cedar Creek Associates, based in Ft. Collins, Colorado, has been engaged to quarterback this permitting initiative.

ABOUT GOLD BASIN RESOURCES CORPORATION

Gold Basin Resources Corporation is advancing the 42 km2 Gold Basin Project, located in the tier one mining jurisdiction of Mohave County, Arizona. Gold Basin is accessible year-round via a 1.5-hour-drive on I-93 Highway southwest of Las Vegas, and high-power electrical lines from the Hoover Dam crosscut the southern Project area. The immediate focus of Gold Basin’s highly experienced technical team is to expand and delineate multiple at-surface oxide gold deposits and prove the project’s district-scale potential. For further information, please visit the Company’s web site at: www.goldbasincorp.com.

On Behalf of the Board of Directors

Colin Smith

Chief Executive Officer

For further information, please contact:

Colin Smith

Phone: 1-604-499-1820

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

FORWARD-LOOKING STATEMENTS:

This news release contains forward-looking statements and forward-looking information (collectively, “forward looking statements”) within the meaning of applicable Canadian and U.S. securities legislation, including the United States Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact, included herein including, without limitation, future assay results from further programs, future plans for drilling at the Stealth Deposit, the Company’s expectation that it will be successful in enacting its business plans, and the anticipated business plans and timing of future activities of the Company, are forward looking statements. Although the Company believes that such statements are reasonable, it can give no assurance that such expectations will prove to be correct. Forward-looking statements are typically identified by words such as: “believes”, “will”, “expects”, “anticipates”, “intends”, “estimates”, “plans”, “may”, “should”, “potential”, “scheduled”, or variations of such words and phrases and similar expressions, which, by their nature, refer to future events or results that may, could, would, might or will occur or be taken or achieved. In making the forward-looking statements in this news release, the Company has applied several material assumptions, including without limitation, that that there will be investor interest in future financings, market fundamentals will result in sustained precious metals demand and prices, the receipt of any necessary permits, licenses and regulatory approvals in connection with the future exploration and development of the Company’s projects in a timely manner, the availability of financing on suitable terms for the exploration and development of the Company’s projects and the Company’s ability to comply with environmental, health and safety laws. The Company cautions investors that any forward-looking statements by the Company are not guarantees of future results or performance, and that actual results may differ materially from those in forward-looking statements as a result of various factors, including, operating and technical difficulties in connection with mineral exploration and development activities, actual results of exploration activities, the estimation or realization of mineral reserves and mineral resources, the inability of the Company to obtain the necessary financing required to conduct its business and affairs, as currently contemplated, the timing and amount of estimated future production, the costs of production, capital expenditures, the costs and timing of the development of new deposits, requirements for additional capital, future prices of precious metals, changes in general economic conditions, changes in the financial markets and in the demand and market price for commodities, lack of investor interest in future financings, accidents, labour disputes and other risks of the mining industry, delays in obtaining governmental approvals, permits or financing or in the completion of development or construction activities, risks relating to epidemics or pandemics such as COVID-19, including the impact of COVID-19 on the Company’s business, financial condition and results of operations, changes in laws, regulations and policies affecting mining operations, title disputes, the inability of the Company to obtain any necessary permits, consents, approvals or authorizations, including by the TSX Venture Exchange, the timing and possible outcome of any pending litigation, environmental issues and liabilities, and risks related to joint venture operations, and other risks and uncertainties disclosed in the Company’s latest Management’s Discussion and Analysis and filed with certain securities commissions in Canada. All of the Company’s Canadian public disclosure filings may be accessed via www.sedar.com and readers are urged to review these materials. Readers are cautioned not to place undue reliance on forward-looking statements. The Company undertakes no obligation to update any of the forward-looking statements in this news release or incorporated by reference herein, except as otherwise required by law.

Copyright (c) 2024 TheNewswire – All rights reserved.

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Press Release

Sky-Blue Sets New Standards in Aviation with Custom-Designed, Eco-Friendly In-Flight Products

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Reading, UK, 19th October 2024, ZEX PR WIREThe global aviation industry is evolving, with airlines seeking innovative, sustainable solutions to enhance passenger experience while addressing environmental concerns. Sky-Blue, a leading designer and supplier of in-flight products, is rising to meet these demands. From eco-friendly textiles to bespoke amenity kits, Sky-Blue offers a unique blend of design-driven innovation and expert sourcing solutions, ensuring airlines worldwide can provide a superior, environmentally responsible service to their passengers. More information can be found at https://www.sky-blue.uk.

Elevating the Passenger Experience

Sky-Blue understands that every airline has its own identity, brand message, and passenger expectations. By offering bespoke design services, Sky-Blue allows airlines to curate in-flight products that perfectly reflect their brand and enhance the overall passenger experience. From luxurious amenity kits to customized cutlery and elegant glassware, Sky-Blue designs products that not only look beautiful but also perform flawlessly, creating lasting impressions in the sky.

“We believe that innovation and sustainability can go hand in hand,” said a spokesperson for Sky-Blue. “Our in-house design team works closely with our clients to ensure every product we deliver is tailored to their needs, while also contributing to a greener future for the airline industry.”

Sky-Blue’s offerings include a wide range of in-flight products, such as:

  • Amenity Kits: Personalized, premium kits for all cabin classes, featuring eco-friendly materials and innovative designs.

  • Cutlery & Tableware: Lightweight, durable, and elegant dining solutions, ranging from stainless steel to biodegradable materials.

  • Textiles: Sustainable fabrics for blankets, pillows, and napkins that are both soft and environmentally responsible.

  • Glassware: Beautiful, high-quality glassware collections, including stemless options for wine, champagne, and spirits.

  • Serving Items & Galley Equipment: Functional yet stylish items designed to enhance in-flight food service.

Whether you’re catering to first-class passengers or providing efficient, durable products for economy cabins, Sky-Blue ensures that each product reflects the highest standards of quality and innovation.

Design-Driven Innovation

What sets Sky-Blue apart is its focus on design-driven innovation. Sky-Blue’s in-house design team uses cutting-edge 3D visualization technology to work hand-in-hand with airline partners, creating products that are both visually appealing and technically sound. This close collaboration ensures that every detail, from the material selection to the final product design, aligns with the airline’s brand identity and the functional needs of in-flight service.

One of Sky-Blue’s flagship offerings is its Bone-China Collection—a timeless blend of sophistication and practicality. Lightweight yet durable, this collection redefines the dining experience onboard, particularly in first and business class. Alongside this, their Sky-Blue Tableware Collection provides an extensive range of durable and elegant options that balance design with function.

Sustainability at the Core

In a world where environmental responsibility is more critical than ever, Sky-Blue is committed to offering products that help reduce the aviation industry’s carbon footprint. This commitment to sustainability is evident in their extensive use of recyclable, biodegradable, and reusable materials.

“As the airline industry works towards reducing its environmental impact, we’re proud to be at the forefront, offering products that not only deliver on quality but also contribute to a more sustainable future,” the spokesperson added.

From using eco-friendly textiles to creating biodegradable amenity kits and tableware, Sky-Blue ensures that airlines can offer passengers the very best in comfort and convenience while staying mindful of the planet. The company’s Sustainability Vision focuses on leading the industry toward using fully recyclable and compostable in-flight products, setting a new standard for eco-conscious air travel.

Expert Sourcing and Logistics

Sky-Blue has built a strong reputation for its expert sourcing and logistical capabilities. The company boasts an extensive network of trusted factories, ensuring that all products meet the highest standards of quality and are delivered on time. This network, combined with Sky-Blue’s own distribution facility and logistical framework, guarantees reliable service, allowing airlines to maintain smooth operations and ensure passenger satisfaction.

From sourcing cutlery to managing the entire logistical supply chain, Sky-Blue is a trusted partner for airlines seeking seamless integration of in-flight products into their service offerings.

Curating Excellence for Every Cabin Class

Sky-Blue’s diverse product range caters to all cabin classes, from first and business class to premium economy and economy. Their ability to customize products for different levels of service allows airlines to provide passengers with a consistent, high-quality experience, no matter where they are seated.

  • First/Business Class: Elevate luxury with bespoke bone china, premium textiles, and custom-designed glassware.

  • Premium Economy: Offer a touch of elegance with tailored cutlery, serving items, and textiles designed for comfort.

  • Economy: Provide functional, durable products that balance practicality and design, ensuring passengers enjoy a seamless experience.

With Sky-Blue, every airline has the opportunity to differentiate itself, offering passengers not just a flight but an unforgettable experience.

Bespoke Design Services: Bringing Your Vision to Life

At the heart of Sky-Blue’s offerings is its bespoke design service. Sky-Blue’s design team works closely with airlines to create products that are fully customized, ensuring that every detail is perfect. Whether it’s creating unique patterns, choosing sustainable materials, or adding brand logos, Sky-Blue ensures that every product is tailor-made to meet the airline’s specific needs.

“Bespoke products allow airlines to reinforce their brand identity,” said the spokesperson. “With custom-made products, airlines can offer passengers something truly unique, setting them apart in a competitive industry.”

By incorporating the airline’s brand elements into the design, Sky-Blue’s bespoke solutions create products that feel cohesive, luxurious, and memorable.

A Trusted Partner in the Skies

With years of experience and a reputation for excellence, Sky-Blue has become the trusted partner for airlines seeking to enhance their in-flight product offerings. Sky-Blue’s expertise in design, sourcing, and sustainability, combined with its commitment to delivering bespoke, high-quality products, makes it the go-to supplier for airlines around the globe.

Sky-Blue’s mission is to revolutionize the airline industry by designing and supplying bespoke, sustainable products that enhance the passenger experience, while their vision is to set new industry standards in inflight comfort and environmental responsibility.

For more information about Sky-Blue’s products and services, visit www.sky-blue.uk, or contact them at +44 (0)118 958 9524 or via email at info@sky-blue.uk.

About Sky-Blue

Sky-Blue is a leading designer and supplier of bespoke in-flight products for the global airline industry. Offering everything from custom-designed tableware and glassware to eco-friendly textiles and amenity kits, Sky-Blue focuses on creating innovative, sustainable solutions that enhance the passenger experience. With a commitment to environmental responsibility, Sky-Blue works closely with airlines to deliver products that not only meet their needs but also help reduce their carbon footprint. Based in Reading, UK, Sky-Blue serves airlines worldwide, bringing excellence to the skies one product at a time.

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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

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Press Release

Canadian Cat-Owners Assured Peace of Mind with CatKing Cattery’s After-Sales Guarantee

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Enjoy Unmatched Support and Care for Your Feline Friend with CatKing Cattery’s Comprehensive After-Sales Guarantee for Canadian Cat Owners.

Ontario, Canada, 19th October 2024, ZEX PR WIRECatKing Cattery, a premier breeder of British Shorthair and British Longhair kittens, proudly announces its commitment to providing Canadian cat owners with unparalleled peace of mind through its comprehensive after-sales guarantee. This initiative underscores CatKing Cattery’s dedication to ensuring the well-being of their kittens and the satisfaction of their clients, fostering lasting relationships that extend well beyond the adoption process.

Located in Ontario, CatKing Cattery has established itself as a leading name in the feline breeding community. As a legally registered cattery under TICA and CFA, it adheres to the highest standards of care and breeding practices. Each kitten is raised in a nurturing environment, receiving ample love, socialization, and attention, which contribute to their friendly and affectionate temperaments.

“Our mission is not just to place a kitten in a home but to create lasting relationships with our clients. Our after-sales guarantee reflects our commitment to supporting our families as they welcome a new furry member into their lives.” -a spokesperson from CatKing Cattery.

One of the standout features of CatKing Cattery’s after-sales guarantee is the extensive support it offers to new cat owners. From dietary guidance and grooming advice to behavioural consultations, CatKing Cattery ensures that clients have access to essential information that contributes to the well-being of their kittens. This proactive approach alleviates common concerns that first-time cat owners may face, allowing them to focus on enjoying their new companionship.

In addition to ongoing support, CatKing Cattery prioritizes the health and safety of its kittens. Before leaving the cattery, each kitten undergoes thorough veterinary examinations and health screenings. Clients receive detailed documentation of their kitten’s health history, ensuring transparency and peace of mind. “We take great pride in our breeding practices and the health of our kittens,” the spokesperson adds. “Our after-sales guarantee is an extension of that commitment, providing reassurance to our clients that they are well taken care of.”

The dedication to excellence at CatKing Cattery extends to the selection of breeding stock. The cattery’s kittens are not only stunning but also possess the ideal temperaments sought by cat lovers. With a proven track record of success in international competitions, CatKing Cattery emphasizes both physical beauty and personality in its breeding program. This focus on breeding healthy, well-mannered kittens ensures that families receive delightful companions capable of enriching their lives.

Whether you reside in Toronto, Vancouver, Calgary, or any other part of Canada, prospective cat owners can feel confident when choosing CatKing Cattery. The after-sales guarantee serves as a testament to the cattery’s dedication to the well-being of both their kittens and the families who adopt them. “We want our clients to know they are never alone on this journey,” the spokesperson remarks. “We are here for them and their kittens, ensuring a happy, healthy relationship for years to come.”

CatKing Cattery invites cat enthusiasts to explore their selection of British Shorthair and British Longhair kittens and experience the joy of cat companionship backed by the assurance of comprehensive after-sales support.

About CatKing Cattery

CatKing Cattery is a legally registered establishment in Ontario, Canada, specializing in breeding British Shorthair and British Longhair kittens. With a commitment to health, temperament, and ongoing support for new cat owners, CatKing Cattery ensures a smooth and rewarding experience for families welcoming a new feline companion into their homes.

Contact Information

Website: https://www.catking.ca

Phone Number: 647 – 994 – 3210

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Press Release

TADA mini Success Fuels MVL’s Tokenomics Upgrade For Sustainable Growth

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MVL, a blockchain mobility company, has unveiled an advanced tokenomics plan, building on the remarkable success of TADA mini’s launch. MVL revealed that the utility of its MVL token will be significantly enhanced as TADA mini continues to grow.

TADA mini, which launched in September 2024 at Singapore’s TOKEN2049, saw over 15,000 users experience this groundbreaking mobility service during the event. As the first-ever Web3 ride-hailing service available as a Telegram mini app, TADA mini allows users to easily book rides using a variety of cryptocurrencies through a connected digital wallet. With no complicated sign-ups required, users can instantly access the service within Telegram, benefiting from TADA’s extensive network of over 300,000 drivers and a high matching rate. These innovative features have positioned TADA mini as a key player in the mainstream adoption of Web3.

MVL emphasized that the growth of TADA mini will be closely tied to the economic utility of MVL tokens, which will be strengthened in several ways:

  1. Supporting MVL Token and Incentivizing Transactions: MVL is updating TADA mini to support $MVL tokens. Users who utilize MVL tokens for rides will receive additional benefits, which is expected to drive demand and increase transaction volume.
  2. Corporate Staking for Token Lockups: Partner companies across various Layer 1 blockchains, cryptocurrencies, and digital wallets will be required to use MVL tokens to integrate with TADA mini. Through a corporate staking mechanism, partners will acquire MVL tokens from the market and lock them on-chain, driving up demand and value for the token.
  3. MVL Token Buyback: MVL plans to reinvest cryptocurrency transaction fees by purchasing MVL tokens from the market and storing them in its on-chain treasury.
  4. MVL Token Usage in TADA mini Promotion Features: TADA mini is also providing services like event promotion and user incentive programs. During TOKEN2049, for example, TADA mini collaborated with prominent Web3 projects such as Blum, Bitget, and TON Society, offering banner ads and event recommendations. MVL tokens will continue to be used for such promotional services.

MVL’s Chief Innovation Officer, James Yang, remarked, “TADA mini has demonstrated the real-world use of digital assets in practical applications, and we’re seeing interest from prominent projects in collaborating with TADA mini. Going forward, the MVL token will play a crucial economic role within TADA mini, and its growth will be mirrored by the expansion of the MVL token ecosystem.”

This announcement marks an important step in MVL’s commitment to enhancing the long-term utility and sustainability of its token, ensuring its pivotal role in the evolving landscape of Web3 mobility services.

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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

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