Press Release
West Red Lake Gold Taps High Grades at New Upper 8 Target
The Upper 8 target is a shallower geologic analog to the well-known high-grade 8-Zone. It is hosted in ultramafic rocks approximately 750 meters up-plunge from the main 8-Zone deposit.
Vancouver, BC, October 9, 2024 – Global Stocks News – Sponsored content disseminated on behalf of West Red Lake Gold. On October 2, 2024 West Red Lake Gold Mines (TSXV: WRLG) (OTCQB: WRLGF) reported initial drill results from the Upper 8 Target at its 100% owned Madsen Property located in the Red Lake Gold District of Northwestern Ontario, Canada.
UPPER 8 HIGHLIGHTS:
- Hole WRL24-002 Intersected 4.1m @ 14.20 g/t Au, from 354.8m to 358.9m, Including 1.3m @ 44.17 g/t Au, from 357.0m to 358.3m.
- Hole WRL24-003 Intersected 1.85m @ 6.33 g/t Au, from 332.45m to 334.30m, Including 0.5m @ 20.63 g/t Au, from 333.8m to 334.3m.
The Upper 8 target is a shallower geologic analog to the well-known high-grade 8-Zone. It is hosted in ultramafic rocks approximately 750 meters up-plunge from the main 8-Zone deposit.
The 8 Zone currently contains an Indicated mineral resource of 87,700 ounces (“oz”) grading 18 grams per tonne gold, with an additional Inferred resource of 18,200 oz grading 14.6 g/t Au.
“For decades, the 8-Zone has been the shiny penny of the Madsen project,” Will Robinson, VP of Exploration told Guy Bennett, CEO of Global Stocks News (GSN). “Highlighted by previous operators, it is geologically similar to the High-Grade Zone that transformed The Red Lake Complex next door to us.”
“The Upper 8 Target sits in the same type of rocks as the 8-Zone, so naturally when we began putting together our regional surface drill program, it was flagged as an area of interest,” continued Robinson. “There is limited drilling in this area, but while reviewing the available data, the team discovered an anomaly that piqued our interest even further.”
“There was one hole drilled in this area by Placer Dome in 2004 that hit anomalous gold mineralization. When the team went to pull the physical core from the archive, that interval was missing. The rest of the core from that hole was there, except that one interval. It’s presumed that this interval was pulled for show core or metallurgical work, though that cannot be verified. This clue, along with 8-Zone style alteration and shearing within a few adjacent holes along the same projected structural plane was enough to warrant a few test holes,” stated Robinson.
The October 2, 2024 reported assays are the first drill results announced from an ongoing 10,000m surface exploration drilling program designed to test a number of high-priority targets across the Madsen property.
“The initial results from Upper 8 drilling reinforce our thesis that there is a real potential for discovery of another 8-Zone type deposit on our highly prospective Madsen property,” stated Robinson in the company press release.
“The relatively shallow position of Upper 8 allows for us to drill this target effectively from surface with a high degree of accuracy. With two out of three of the initial holes drilled at Upper 8 returning high-grade gold mineralization where projected, we have already added a second drill dedicated to drilling at Upper 8.”
Total U.S. debt is currently $35 trillion – about 120% of the U.S. GDP.
“All the emerging economies are de-dollarizing,” explained West Red Lake Gold co-founder and major shareholder Frank Giustra, “They are selling their dollars and buying gold. There’s no control to reel in that debt. At some point, you’re going to get a fiat currency crisis.”
No act of Congress can magically make a tonne of gold appear on the lawn of the White House. In this inflationary environment, investing in hard assets like gold, becomes a viable strategy to protect and grow wealth.
“Since the pandemic, global money supply has skyrocketed. The US Dollar has lost 25% of its purchasing power over the last 4 years alone. Clearly, inflation was not ‘transitory,” reported Kitco.com on October 4, 2024.
“The most popular gold ETF, $GLD, has recorded $644 million cumulative inflows year-to-date. Historically high demand has put gold on track for its best annual return since 1979, up 28% year-to-date.”
Source: https://fiscaldata.treasury.gov/americas-finance-guide/national-debt/#the-growing-national-debt
On September 26 2024, Business Television (BTV) interviewed WRLG CEO Shane Williams about current work programs and the mine re-start plan.
“Over 40 million ounces of gold have been pulled out of this region, all high grade,” Williams told BTV, “It produced over 2 million ounces at an average grade of nine grams gold per tonne. From an infrastructure perspective; it has a mill in place, it has a tailings facility and it has permits.”
“Madsen is set up to go straight back into production,” continued Williams. “We’re looking at this as a base for a large gold mining company. We’ve assembled the technical team, and we have great backers, like Frank Giustra and his network.”
WRLG expects to complete a pre-feasibility study (PFS) in support of the mine restart goal in 2025.
The Madsen Mine deposit presently hosts an NI 43-101 Indicated resource of 1.65 million ounces of gold grading 7.4 g/t gold and an Inferred resource of 0.37 Moz of gold grading 6.3 g/t gold. [1.] [2.] [3.]
The technical information presented in this news release has been reviewed and approved by Will Robinson, P.Geo., Vice President of Exploration for West Red Lake Gold and the Qualified Person for exploration at the West Red Lake Project, as defined by NI 43-101 “Standards of Disclosure for Mineral Projects”.
Contact: guy.bennett@globalstocksnews.com
Disclaimer: West Red Lake Gold paid Global Stocks News (GSN) $1,500 for the research, writing and dissemination of this content.
Full Disclaimer: GSN researches and fact-checks diligently, but we can not ensure our publications are free from error. Investing in publicly traded stocks is speculative and carries a high degree of risk. GSN publications may contain forward-looking statements such as “project,” “anticipate,” “expect,” which are based on reasonable expectations, but these statements are imperfect predictors of future events. When compensation has been paid to GSN, the amount and nature of the compensation will be disclosed clearly.
References:
- SRK Consulting. (2021). Independent NI 43-101 Technical Report and Updated Mineral Resource Estimate for the PureGold Mine, Canada (West Red Lake Gold Mines, Ed.) [Review of Independent NI 43-101 Technical Report and Updated Mineral Resource Estimate for the PureGold Mine, Canada.
- Mineral resources are estimated at a cut-off grade of 3.38 g/t Au and a gold price of US1,800/oz. Please refer to the technical report entitled “Independent NI 43-101 Technical Report and Updated Mineral Resource Estimate for the PureGold Mine, Canada”, prepared by SRK Consulting (Canada) Inc., and dated June 16, 2023, and amended April 24, 2024. A full copy of the SRK report is available on the Company’s website and on SEDAR+ at www.sedarplus.ca
- Mineral resources that are not mineral reserves do not have demonstrated economic viability. Please refer to the technical report entitled “Independent NI 43-101 Technical Report and Updated Mineral Resource Estimate for the PureGold Mine, Canada”, prepared by SRK Consulting (Canada) Inc., and dated June 16, 2023, and amended April 24, 2024. The Madsen Resource Estimate has an effective date of December 31, 2021 and excludes depletion of mining activity during the period from January 1, 2022 to the mine closure on October 24, 2022 as it has been deemed immaterial and not relevant for the purpose of the updated report. A full copy of the SRK report is available on the Company’s website and on SEDAR+ at www.sedarplus.ca
Media Contact
Organization: Global Stocks News
Contact Person: guy.bennett@globalstocksnews.com
Website: https://www.globalstocksnews.com
Email: Send Email
Country: Canada
Release Id: 09102418069
The post West Red Lake Gold Taps High Grades at New Upper 8 Target appeared on King Newswire. It is provided by a third-party content provider. King Newswire makes no warranties or representations in connection with it.
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Press Release
Welcome to NeuraSwap—your gateway to decentralized AI finance (AiFi)
At the heart of the GPT Protocol, NeuraSwap redefines how we interact with the AI-driven economy. Our easy-to-use AiFi Hub empowers investors, creators, traders, and developers, fostering innovation and collaboration in a decentralized ecosystem.
What is NeuraSwap?
NeuraSwap is a decentralized AI finance platform, designed to unlock opportunities in the AI economy. By seamlessly integrating tokenized AI projects, agents, and data, NeuraSwap facilitates collaboration and exchange within a secure and transparent environment. As the official decentralized exchange (DEX) of GPT Protocol, NeuraSwap is a hub for:
- Utility token staking
- Premium launchpad access
- Lending networks
- NFT discovery
All of this is underpinned by our commitment to accessibility and inclusivity on a global scale.
Getting Started with NeuraSwap
Jump into the NeuraSwap ecosystem with ease:
- Engage with the Community: Join us on Twitter, Reddit, Discord, or Telegram to stay informed and connected.
- Use Our Platform: Swap between cryptocurrency AI tokens on the GPT Chain. Expansion to BNB Chain, Polygon, Ethereum, and Arbitrum is coming soon.
- Tokenize Your Portfolio: Add liquidity to token pairs and earn trading fees. Stake liquidity provider (LP) tokens in Yield Farms or Maximizers to grow your holdings.
NeuraSwap’s proprietary utility tokens, NEU and GPT, power the platform. NEU incentivizes liquidity, while GPT serves as the native gas token and provides governance benefits.
Upcoming Features
NeuraSwap continues to evolve, with exciting features on the horizon:
- Staking Pools: Stake NEU or GPT tokens to earn rewards from partner projects.
- Liquidity Bonds: Purchase bonds with LP tokens and receive discounted NEU or partner tokens over time.
- Reserve Bonds: Use stablecoins or blue-chip tokens to secure discounted project tokens that vest gradually.
How NeuraSwap Empowers AI Crypto Projects
AI crypto projects partnering with NeuraSwap gain access to a suite of strategic benefits:
- DEX Listing: Easily list AI tokens on our decentralized exchange.
- Advisory Services: Leverage our expertise to enhance your project.
- Partnership Ecosystem: Connect with our robust network of collaborators.
- Co-Marketing: Expand your audience through targeted campaigns.
- Treasury Diversification: Use Liquidity and Reserve Bonds to strengthen your financial foundation.
Why Choose NeuraSwap?
NeuraSwap is more than a platform—it’s a movement shaping the future of AI and blockchain technology. Our decentralized exchange ensures permissionless, anonymous, and efficient trading, fostering an inclusive marketplace for AI projects and participants. With innovative fundraising tools and cutting-edge blockchain integration via GPT Chain, NeuraSwap is poised to lead the AI token economy.
Mission, Vision, and Values
- Mission: Empower investors, creators, and developers through a secure and open AiFi platform.
- Vision: Drive global innovation in AI and blockchain, becoming the leading platform for collaboration and development in the AI economy.
- Values: Inclusivity, trust, and innovation guide every aspect of our platform.
Get Involved
Discover NeuraSwap today, whether you’re a DeFi veteran or new to decentralized AI finance. Visit our “I’m New Here” section for a Quick Start Guide, or contact Support for assistance. Join the revolution in AiFi and help shape the future of the AI-driven economy.
Stay connected and up-to-date with NeuraSwap:
- Twitter: https://twitter.com/gpt_protocol
- Reddit: https://www.reddit.com/r/GPT_Protocol_
- Discord: https://discord.com/invite/gptprotocol
- Telegram: https://t.me/gpt_protocol
Welcome to NeuraSwap—where AI meets decentralized finance.
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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.
Press Release
ONIX Exchange Leads the Wave of AI Copy Trading and Financial Innovation
ONIX Exchange is at the forefront of integrating artificial intelligence (AI) into cryptocurrency trading, offering revolutionary copy trading solutions that empower users to achieve success in the fast-paced digital asset market. By leveraging advanced AI algorithms, ONIX Exchange provides a platform where users can replicate the strategies of top traders while benefiting from unparalleled efficiency, accuracy, and accessibility. This innovation is reshaping the trading landscape and setting a new standard for financial technology.
AI copy trading on ONIX Exchange works by allowing users to automatically mirror the trades of experienced and high-performing traders. The platform’s advanced AI algorithms analyze the market in real time, identifying successful trading patterns and strategies. Users can then choose from a curated selection of top traders whose strategies align with their financial goals and risk tolerance. Once selected, the AI algorithm ensures that the user’s portfolio replicates the chosen trader’s actions, executing trades with precision and speed.
What sets ONIX Exchange’s AI copy trading apart from traditional trading methods is its ability to minimize human error while maximizing efficiency. Traditional trading often requires a deep understanding of market trends, extensive research, and constant monitoring to make informed decisions. This process can be overwhelming for newcomers and time-consuming for seasoned investors. AI copy trading eliminates these barriers by automating the decision-making process and leveraging the expertise of successful traders. This ensures that users can participate in the market confidently, even without extensive trading knowledge or experience.
The AI algorithms used by ONIX Exchange offer several key advantages over traditional trading. First, they are capable of processing vast amounts of data in real time, identifying trends and opportunities that may be difficult or impossible for a human trader to detect. This enables faster, more accurate trading decisions, giving users a competitive edge in a volatile market. Additionally, the AI continuously learns and adapts, improving its performance over time to optimize trading strategies and enhance profitability.
Another major benefit of ONIX Exchange’s AI copy trading system is its accessibility. Traditional trading often requires significant time and effort to analyze markets and execute trades manually. ONIX’s solution allows users to engage in trading without dedicating extensive time to market analysis, making it an ideal option for both busy professionals and casual investors. By automating the trading process, ONIX ensures that users can capitalize on market opportunities around the clock, even while they are offline.
Security is also a cornerstone of ONIX Exchange’s AI copy trading platform. All transactions are executed through secure and transparent systems, backed by blockchain technology. Users retain full control over their funds, and the platform provides detailed reporting and analytics to ensure complete visibility into trading performance. This combination of transparency and security instills confidence in users, setting ONIX apart as a leader in the field of AI-powered trading.
In addition to its technological advancements, ONIX Exchange offers a user-friendly interface that simplifies the copy trading process. Users can easily browse and evaluate the performance metrics of top traders, including their profitability, risk levels, and trading history. This transparency allows users to make informed decisions when selecting traders to follow, ensuring that their chosen strategies align with their individual investment goals.
ONIX Exchange’s AI copy trading system also fosters a sense of community among its users. Experienced traders can share their strategies with a wider audience, earning rewards and recognition for their expertise. Meanwhile, less experienced users can learn from and benefit directly from the success of seasoned traders. This collaborative environment creates a win-win situation for all participants, driving engagement and innovation within the ONIX ecosystem.
By integrating AI copy trading with its robust suite of trading tools and services, ONIX Exchange is redefining the possibilities of financial technology. Its platform bridges the gap between traditional trading and modern automation, providing users with a powerful and intuitive way to participate in the cryptocurrency market. As ONIX continues to innovate and expand its offerings, it is leading the wave of AI-driven financial solutions that promise to transform the trading experience for users worldwide.
ONIX Exchange’s AI copy trading platform is more than just a tool—it is a revolutionary system designed to level the playing field in a space that has often been dominated by professional traders and institutional investors. By automating complex decision-making processes and providing access to the strategies of seasoned traders, ONIX ensures that even novice users can achieve success in the highly dynamic cryptocurrency market. This combination of accessibility and sophistication represents a significant leap forward for financial technology, empowering users with tools that were once out of reach for the average investor.
Contact name: Jason Scott
Company name: Onix Exchange
Website: https://on-ix.tr/
Country: USA
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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.
Press Release
Valencia Theater Seating Announces the Launch of the Ultimate Tuscany Heat and Ventilation Recliner
Introducing a revolutionary fusion of comfort, technology, and luxury for the ultimate movie-watching experience, the new Ultimate Tuscany Heat & Ventilation Recliner.
Dallas, United States, 13th Jan 2025, Grand Newswire – Valencia Theater Seating, a leading manufacturer of luxury home theater seating, is proud to announce the launch of the highly anticipated Tuscany Ultimate Heat & Ventilation Recliner. This state-of-the-art recliner is designed to provide the ultimate in comfort, luxury, and technology, creating a new standard in home theater seating. Combining the finest materials, innovative features, and superior craftsmanship, the Tuscany Ultimate Heat & Ventilation Recliner is set to redefine the way you experience your home theater.
Revolutionizing Comfort and Style
The Tuscany Ultimate Heat & Ventilation Recliner is meticulously crafted using the finest materials, ensuring it provides an unrivaled experience for movie lovers, gaming enthusiasts, and those looking to unwind in style. The recliner is 100% covered in Matte Super Supple Semi-Aniline Italian Nappa Leather 20000, an upgrade from the already luxurious top grain Nappa 11000 leather. The smooth, buttery matte finish exudes luxury, while the high-quality Italian tanning process adds an unmatched level of durability and elegance.
To enhance comfort further, the recliner features power lumbar support, a power headrest, and a recline function, all of which can be easily adjusted at the touch of a button. Whether you’re sitting upright or fully reclining, the Tuscany Ultimate Heat & Ventilation Recliner offers the perfect balance of support and relaxation.
Innovative Heat & Ventilation System
What truly sets the Tuscany Ultimate Heat & Ventilation Recliner apart from other seating options is its innovative ventilation system. This system ensures optimal airflow, preventing discomfort during extended periods of sitting. The combination of ventilated seats and integrated heating technology allows you to enjoy the best of both worlds. On chilly nights, activate the heating function to experience cozy warmth, while the ventilation system keeps you cool during warmer days, ensuring that the recliner adapts to your needs.
Enjoy personalized comfort with adjustable heat and air ventilation, ensuring an ideal temperature for every viewing. The cooling seats provide optimal airflow, while the heated seat feature guarantees warmth during colder months.
With the touch of a button, users can control the seat’s temperature settings, personalizing their experience and ensuring that they remain comfortable throughout any movie or show. The Tuscany Ultimate Heat & Ventilation Recliner is designed to make sure that every moment of your home theater experience is perfect, no matter the season.
Perforated French Diamond Stitching for Breathability and Elegance
In addition to its cutting-edge heat and ventilation system, the Tuscany Ultimate Heat & Ventilation Recliner boasts perforated French diamond stitching, which not only adds visual appeal but also increases the breathability of the seating. This design allows for better airflow and reduces the build-up of heat in the seat, ensuring maximum comfort, especially during long viewing sessions. The perforated leather is carefully crafted to enhance the ergonomic support of the chair while providing a luxurious touch to the overall aesthetic.
The French diamond stitching is a hallmark of the high-end craftsmanship that Valencia Theater Seating is known for, and it reflects the brand’s dedication to both function and beauty. The meticulously stitched pattern also adds texture to the upholstery, making the recliner a true focal point in any home theater.
Enhanced Technological Features
The Tuscany Ultimate Heat & Ventilation Recliner is more than just a comfortable chair – it’s an integrated piece of technology. Equipped with a beautiful black chrome controller and cupholder, the recliner allows users to easily adjust their seat’s position, heat settings, and more, with an intuitive, easy-to-use interface. The USB-A and USB-C charging ports are conveniently placed on the armrest, allowing you to charge your devices while relaxing in your chair.
Additionally, the recliner features RGB LED lighting in seven colors, allowing you to personalize the ambiance of your home theater with a simple tap of a button. Whether you prefer a calming blue, a vibrant red, or a soft green, the lighting system allows you to set the perfect mood for your entertainment experience. The RGB lighting is also integrated into the black chrome cup holders, creating a sleek and modern aesthetic that complements the luxurious design of the recliner.
The memory function embedded in the controller is another standout feature. You can save your preferred reclining position, headrest angle, and lumbar support settings, ensuring that every time you sit down, the chair automatically adjusts to your ideal position.
Parisian Velour Lined Armrest Storage
One of the standout features of the Tuscany Ultimate Heat & Ventilation Recliner is the Parisian velour-lined armrest storage. This elegant storage solution is designed to keep your essentials close at hand without cluttering your seating area. The soft, luxurious velour interior ensures that your items are stored safely while adding an extra touch of sophistication to the design. It’s the perfect place to store your remote, smartphone, or even snacks for a night in the theater.
The armrest storage is easy to open and close, and its concealed design keeps everything organized and out of sight. It’s just one more way that Valencia Theater Seating has thought of everything to enhance your comfort and convenience.
Durable, Pet-Friendly Leather
Valencia Theater Seating understands that pets are an important part of the family, which is why the Tuscany Ultimate Heat & Ventilation Recliner is crafted with specially treated leather designed to resist pet scratches. Thanks to Valencia’s exclusive leather tanning process, the leather on this recliner remains pristine, even with playful pets around. This added durability ensures that your chair will continue to look and feel as luxurious as the day you bought it.
Whether you have a dog that loves to jump on the couch or a cat that enjoys lounging with you, the Tuscany Ultimate Heat & Ventilation Recliner will withstand everyday wear and tear, providing years of enjoyment.
Ergonomic Support for Maximum Comfort
Designed with ergonomics in mind, the Tuscany Ultimate Heat & Ventilation Recliner features perforated lumbar support, which provides extra support for your lower back while maintaining comfort throughout extended sitting periods. The high-resiliency foam used in the cushion is specially designed to contour to your body, ensuring that every inch of the recliner fits you perfectly. This unique foam technology mimics the feel of a plush mattress, providing a level of comfort that is ideal for long movie marathons or game nights.
The power headrest also offers customizable support, allowing you to adjust the angle of your headrest to achieve the most comfortable viewing position. Whether you’re sitting upright or fully reclined, the Tuscany Ultimate Heat & Ventilation Recliner ensures that you have the best support for your neck and head, minimizing any strain.
Wall-Hugging Design for Maximum Space Efficiency
The Tuscany Ultimate Heat & Ventilation Recliner is designed to save space, making it ideal for rooms with limited space. The wall-hugging recline mechanism allows you to fully recline without needing to move the chair away from the wall. This design maximizes the use of your home theater space, ensuring that you can enjoy the full comfort of the recliner without compromising on available room.
Luxury and Innovation Combined
With the Tuscany Ultimate Heat & Ventilation Recliner, Valencia Theater Seating continues its legacy of providing top-of-the-line luxury and innovation. Whether you’re a movie lover, a gamer, or someone who simply enjoys the finer things in life, this recliner offers the perfect blend of style, comfort, and cutting-edge technology. It is more than just a chair; it’s an experience.
Available Now
The Tuscany Ultimate Heat & Ventilation Recliner is now available for purchase through Valencia Theater Seating’s official website. To learn more about the product and place your order, visit us.valenciatheaterseating.com.
For any questions or inquiries regarding the Tuscany Ultimate Heat & Ventilation Recliner, please contact Valencia Theater Seating’s customer support team at sales@valenciatheaterseating.com.
About Valencia Theater Seating
Valencia Theater Seating is North America’s premier specialist in luxury home theater seating. Committed to excellence, every Valencia chair is meticulously designed to provide unparalleled support, from the legs to the head, with strategically placed ergonomic foam ensuring complete comfort. Built with longevity in mind, our chairs feature solid wood construction, durable metal reclining mechanisms, and high-quality foam that maintain their shape and comfort for decades.
Blending the finest craftsmanship, cutting-edge technology, and timeless style, Valencia Theater Seating has earned its reputation as a trusted name in the home entertainment industry. Visit our Dallas showroom to explore our exclusive range of seating options, including the luxurious 20,000 Nappa semi-aniline leather. Browse leather samples to find the perfect finish to complement your style and elevate your home entertainment space.
Media Contact
Organization: Valencia Theater Seating
Contact
Person: Dave H
Website:
https://us.valenciatheaterseating.com
Email:
dave@valenciatheaterseating.com
Address:14460 Midway Rd
Address 2: TX 75244
City: Dallas
Country:United States
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About Author
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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