Terrace Energy {TSX.V: TZR} announces the successful completion of the Price 1H well, with strong hydrocarbon flows, and confirms that production operations have already begun.
Production results will be announced once flow rates have stabilised, as per the industry norm.
Terrace also updated with developments on all their other principal projects
Cartier Resources find gold potential in new zones at Chimo.
Philippe Cloutier, CEO and President of Cartier Resources {TSX.V: ECR} informed the market that following an interpretation of the zones 6 and 6B, in the south area of the Chimo property, two new gold bearing zones plus several areas of mineralization had been discovered.
A key factor is the similarity between the known Central Area and the new South Area zones.
Inovio Pharma {NASDAQ: EVO} has confirmed that they will initiate human trials of their Ebola virus vaccine in H1 2015, in conjunction with Korean based partner GeneOne Life Science.
Animal testing of the vaccine has proven successful, and the race is on for an effective vaccine after dire predictions of possible infection rates in Africa have been made by the US health officials.
Colonial Announces Receipt of Work Permit for Its Flatbed Property
Colonial Coal pleased the market by announcing the receipt of a Phase 1 Work Permit for its Flatbed property
located in the prolific Peace River Coal region of British Colombia, Canada.
The Flatbed property abuts properties owned by Teck and Peace River Coal.
Flatbed is considered to have good potential for a new high quality coking coal discovery, and the first drill
results will be eagerly awaited.
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Inovio pharma {NASDAQ: INO} Expands HPV Immunotherapy Development to Aerodigestive Cancers.
Inovio Pharma have initiated a Phase 1 clinical trial for their INO-3016, targeting HPV-6, the cause of most human Aerodigestive cancers, which effect the lips, mouth, tongue, throat, vocal cords, and other oral areas.
The motivator to achieve this is the unmet needs of patients suffering from this form of cancer, and the opportunity to take first mover advantage in this critical area.
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Cartier Resources {TSX.V: ECR} President and CEO Philippe Cloutier has followed on from his previous news release by announcing the result of the compilation and interpretation of historical data, at ECR’s Chimo mine.
“The quality and quantity of gold intersections comprising the extensions of the mined and unmined zones as well as the new discoveries define the upside for the project” the upbeat CEO added.
Management of Scorpio Gold Corp. {TSX.V: SGN} reported new drilling results in a new area of exploration, the Brodie Satellite Deposit at their Missouri Claim, at Mineral Ridge (70%) that show the potential to possibly expand the LOM.
These promising drill results, located outside the existing defined resource area and pit outlines is a continuation of their run of good news releases during the last few months.
Management believe that these results suggest the potential to build a resource in the Missouri claim area
In a surprise move, Inovio Pharmaceuticals has announced their intention to switch markets, leaving the NYSE, and moving over to the NASDAQ Global Select Market, with effect from September 15th 2014.
The feeling is that this will bring more attention to Inovio, as this is the market where most peers reside, and will therefore bring Inovio more into focus with those that invest in the sector.
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Zenyatta Ventures testing successfully produces a high purity and highly crystalline graphite product.
Zenyatta Ventures {TSX.V: ZEN} were buoyed by the results produced by their pilot plant and metallurgical testing at Lakefield, Ontario.
Bharat Chahar, VP Market Development enthused “Test work completed to date has confirmed the Zenyatta graphite to have a very good crystal structure (hexagonal) with a very desirable real density of 2.25 g/cc., and no elemental purity concerns.
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Colonial Coal {TSX.V: CAD}
Canadian coal mining industry veteran David Austin, President and CEO of Colonial Coal runs through the company’s projects and explains the fundamental difference between coking and metallurgical coal.
Cartier Resources {TSX.V: ECR}
Cartier Resources President and CEO Philippe Cloutier announced the discovery of three mineralised zones with high exploration at their Chimo Mine project, located in Val-d’Or, Quebec, Canada.
“The North Area of the property shows many exploration targets” comments Philippe Cloutier, President and CEO, adding “the high grades and widths of the mineralization define targets that start from surface and extend at depth”.
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