Chuck Smith on Expanding his House of Brands for Infused Cannabis Products | #HashtagFinance

Industry “OG” and CEO of Dixie Brands, Chuck Smith, recently sat down with Barrington Miller as part of Public Entrepreneur’s #WeedWeek podcast series. In this discussion Chuck shares why Dixie decided to focus on infused products and stay away from farming and cultivation (3:15), how the early origins of the company in medical cannabis have been integral to their efforts to build a portfolio of recreational product offerings (7:30) and the recent launch of CBD products for dogs AND cats! Listen until the end to learn about Chuck’s pioneering work on the Cannabis Trade Federation, his thoughts on cannabis taxation (ed. more interesting than it sounds), and their “transformative” JV with Khiron Life Sciences in Latin America.

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Go Cobalt: Battery metals the target with promising projects in the Yukon and Quebec

It was serendipity that led Go Cobalt Mining Corp CEO Scott Sheldon to the exploration company’s flagship Monster property in Yukon, Canada’s Wild West which is seeing a modern-day minerals-rush. The Monster property is located 80 km north of Dawson City, in Yukon.

“In 2011, I ran into a friend from university who had been living in the Yukon since graduating,” said Go Cobalt CEO Scott Sheldon. “My dad and I had recently discussed a collaboration and took this opportunity to move into a gold play together leveraging some great Yukon contacts.”

As the material needs of the world’s seven billion people continue to grow, there has been a rush to exploit the Yukon’s exceptionally rich resources — gold, zinc, cobalt, and more.

As a junior mineral exploration company, Go Cobalt is focused on copper, gold and cobalt projects in Canada. Yukon’s industry-friendly regulations attracted the battery metals company which has been in the resource rich region since 2011.

Go Cobalt is on the right track as the fundamentals supporting the cobalt sector such as the electric vehicle and energy storage booms continue to grow stronger.

Sheldon has mining in his veins. His father Don Sheldon raised capital for junior resource companies for nearly three decades.

“I started working in the industry when I was 16 years old up in the Golden Triangle of northern British Columbia,” said Sheldon. “I continued to do this every summer through university to help pay for my degree” added Sheldon, who graduated from Dalhousie University in Halifax.

The Monster advantage

Interest in Yukon began in the 19th century when gold prospectors pushed northwards and plied creeks with picks, pans and shovels. Today, the Yukon in the northwestern wilderness of Canada is considered one of the best mining jurisdictions in the world.

Co Cobalt’s Monster property in the Yukon is a copper, cobalt, gold prospect covering 63 square kilometers of the Ogilvie Mountains in the Dawson Mining District. The company believes its Monster project represents a large, prospective opportunity because it lies on the Wernecke Breccia, a region of the Yukon known to host iron oxide copper gold (IOCG) style minerology.

“Our VP of exploration even wrote his thesis on comparing the Wernecke region of the Yukon to similar hydrothermal deposits in Australia. Some of the biggest copper mines in the world carry an IOCG signature,” said Sheldon. “Olympic Dam and Candelaria are two examples.”

The tremendous size, relatively simple metallurgy and relatively high grade of IOCG deposits can produce extremely profitable mines. The Monster has zones of elevated copper and cobalt concentrations across the entire 19 km length of the property. The Monster’s IOCG mineralization is hosted within and directly adjacent to the Wernecke Breccia.

“Major iron ore copper gold deposit trends have recently been recognized for hosting cobalt and offer high-tonnage potential,” said Sheldon.

Go Cobalt now covers 6,000 hectares of the Wernecke Breccia in the northern Wernecke Breccia belt and has high grade copper (over 3%) and cobalt (over 9%) on the property.

“There is also anomalous gold and silver. Traditionally IOCG deposits will be polymetallic and offer a range of minerals,” explained Sheldon.

Drilling in 2020

Go Cobalt has started work on the Monster using satellite imagery and roped in geoscientist Rodrigo Diaz, an expert in IOCGs and remote spectral geology, for optimizing the mineral exploration process.

The CEO said Go Cobalt had over $300,000 budgeted to spend on the property this year “to get it drill ready for 2020.”

“We are also redoing some of the historic gravity surveys using updated elevation models,” said Sheldon. “We expect to extensively expand the gravity survey this summer. In addition, we are planning a site wide electromagnetic survey and continued mapping to follow up on historic zones of interest.”

Go Cobalt doesn’t require additional environment permits at this point in its exploration program.

“We have had discussions with Tr’ondëk Hwëch’in First Nation about our work on their traditional territory and will continue to keep them notified as we move forward,” said Sheldon. “The old road to the property is currently in disrepair and would need a special permit.”

The company will use one of the two air strips within 10 km of the property to stage its 2019 program. Go Cobalt says it has adequate funds for the mining season.

“We have about $1 million in the bank. Half of that is flow through funds to be spent this season. We also have about $1.8 million from outstanding warrants that are all ‘in the money’, said Sheldon.

Barachois Vanadium project

Some miners have really concentrated positions because they are focused on the short term. However, Go Cobalt is aware a complete absence of diversification can be painful for performance. Therefore, it also has a Barachois project, a sediment hosted vanadium-selenium-silver-lead-zinc prospect in the Gaspe area of Quebec.

The project covers 1,801 hectares where carboniferous aged sediments have been shown to host sedimentary vanadium-zinc-lead mineralization.

The latest, greatest utility-scale battery storage technology to emerge on the commercial market is the vanadium redox battery, also known as the vanadium flow battery. V-flow batteries are nonflammable, compact, reusable over semi-infinite cycles, discharge 100% of the stored energy and do not degrade for more than 20 years. These batteries use the multiple valence states of just vanadium to store and release charges.

“Barrachois helps us add another excellent battery metal in a good mining province. We are excited to further that project this summer,’ said Sheldon. “It is the polar opposite to the Monster. It has road access and is relatively flat topography.”

Investment case

Go Cobalt is leveraging the global shift from fossil fuels to renewable energy by banking on a basket of battery metal projects. Global demand for cobalt, nickel and silvery-grey, malleable vanadium has skyrocketed in recent months with high demand from electric car and laptop makers.

“We are giving our investors exposure to a variety of battery metal projects,” said Sheldon. “Our flagship in the Yukon is a polymetallic style prospect. It has high grade surface mineralization for both copper and cobalt.  Also, we have a Vanadium project in Quebec, and we are actively searching for a Nickel project in Quebec as well.”

This story was originally published at www.proactiveinvestors.com on February 15, 2019 and featured in the Public Entrepreneur magazine.

Learn more about Go Cobalt Mining Corp. at http://www.gocobalt.ca/.

Billy Levy on How Branding and Distribution are the Keys to Defining the Cannabis Opportunity | #HashtagFinance

Billy Levy, President of SLANG Worldwide (CSE:SLNG) sat down with Barrington Miller to share his insights from the pioneering “boot camp” days with Mettrum Health (0:30), how he is defining the cannabis opportunity in terms of consumer branding and distribution (3:30), and the important reasons why SLANG does not operate as a retailer (7:00). Listen until the end to hear how SLANG is applying tried-and-true sales methodologies from “boring” industries and the (somewhat accidental) marketing magic that happened when SLANG’s products were advertised in LAX.

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Kim Rivers on Emulating the Whole Foods Retail Model in Cannabis | #HashtagFinance

Trulieve (CSE:TRUL) CEO Kim Rivers joined Grace Pedota during #WeedWeek to discuss the importance of inclusion as a value for the company and it’s “Trulievers” (3:00), the lessons learned becoming the first company approved to sell flower in Florida (8:00), and taking their expertise into new, competitive states in the U.S. (12:30). Listen until the end to hear how Trulieve is emulating the Whole Foods retail model, the importance of loyalty programs and data, and her pivot to the Cannabis industry as a recovering lawyer.

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Jai Waterman on Building Fair and Compliant Securities Markets with Blockchain | #HashtagFinance

Blockstation’s Jai Waterman sat down with Barrington Miller to discuss the inherent flaws of initial coin offerings (ICOs) (3:30), how his team is working hard to evolve the capabilities of stock exchanges by introducing blockchain-enabled securities (8:45), and the promise of unparalleled security through security tokens (15:15). Listen until the end to hear Jai’s thoughts on how traditionally illiquid assets (e.g. publishing rights) can achieve liquidity with the help of blockchain technology, and Blockstation’s recent announcements with the Barbados and Jamaica Stock Exchanges.

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David MacMillan on Digitizing the Agriculture Industry with Drones | #HashtagFinance

David Macmillan, CEO of Deveron UAS (CSE:DVR) recently sat down with Grace Pedota to discuss how drones are changing the manner in which farmers are collecting and using data (5:00), the important similarities shared by farmers and Bay St. bankers, (10:15) and an explanation of why Deveron is laser focused on the agricultural industry (for now) (15:00). Listen until the end to learn how a visit to Silicon Valley was the catalyst to focus on agriculture, what to wear (and not wear) to a farm meeting, and David’s unfortunate run-in with a turkey vulture in the field.

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Russ Patterson on Using Everyday Spaces to Create One-of-a-Kind Experiences | #HashtagFinance

Spacefy (CSE:SPFY) CEO Russ Patterson recently sat down with Barrington Miller to explain how Spacefy is building the “Airbnb” for creative spaces (3:15), the weirdest booking he’s seen (so far) on their platform (11:00), and ambitions for expansion into global, world-class cities (15:30). Listen until the end to hear about Russ’ favourite creative space and his idea of the ultimate location in Toronto.

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MegumaGold: A fresh take on the gold exploration model for Nova Scotia

The province of Nova Scotia already has a rich gold mining heritage, but new theories and modern exploration technologies are re-awakening interest in the jurisdiction’s huge potential.

It was the site of one of Canada’s first gold camps and production of the metal dates back to around the middle of the nineteenth century.

Between 1862 and 1927 almost a million ounces of the precious metal were extracted from the province.

In those early days, however, the focus was on high-grade, narrow vein deposits. Today, the emphasis has shifted with the discovery of disseminated mineralization with bulk-mineable potential.

The Touquoy deposit

The move started with the discovery of shales at the Touquoy deposit, where a company called Atlantic Gold has now commissioned a highly successful open pit mine.

Now another firm – explorer MegumaGold Corp. (CSE:NSAU), which takes its name from the Meguma Terrane where the original gold rush took place – is getting in on the act. It has acquired 11,205 claims totaling more than 170,000 hectares, many of which are adjacent and along trend from the Touquoy deposit.

Meguma’s chief executive officer, Regan Isenor, explains, “Typically in Nova Scotia, everyone was always after the high-grade nuggety style quartz-hosted gold, which is quite expensive to extract and it’s hard to build models off of that type of mineralization. Atlantic Gold, here in the province, has shown that the disseminated model of low-grade, bulk tonnage is really where the projects that are economically viable are going to be found.”

Without getting too technical, the reason for the geology is this: glaciation in Nova Scotia caused the softer rock on the top to erode, exposing the harder outcrops, which excited those early explorers because the gold was often visible in the quartz veining exposed at surface.

Disseminated mineralization, on the other hand, often cannot be seen and is scattered across large areas at a lower grade but could potentially exist throughout the massive anticline structures within the Meguma Terrane.

Although such mineralization can’t be seen, exploitation of the gold is simple and cheap – simply digging the source rocks out of the ground from an open pit, while cheap processing methods can also be used.

Although the company doesn’t plan to put a deposit into production itself, Meguma wants to emulate the success of its neighbor Atlantic Gold.

Low-cost mine

The latter’s Moose River Consolidated gold mine has the lowest all-in sustaining cost per ounce mine in the world – between US$540 and US$588 – mainly due to the low strip ratio.

Meguma is currently in the middle of a 20,000 meter reverse circulation (RC) drill program focused on 10 highlight targets, whittled down from an original 40, which were identified from a major airborne geophysical and Lidar survey.

Isenor highlights that the company’s targets are predominantly on ground that has “never been tested before,” which is exciting as he believes disseminated gold could be present throughout the province.

He aims to have completed 10,000 meters of drilling by mid-summer, before stopping to have assays returned for evaluation ahead of a larger program, consisting of diamond drilling to focus in on the most exciting targets and RC rigs for more regional exploration.

With enough money in the bank to fully finance the current drill program, specifically around $5.5 million, Meguma hopes to succeed in Nova Scotia where others have had to throw in the towel before.

“People have come in and they’ve had an idea of what a particular model could look like, but they haven’t been funded well enough to actually really test these targets and that’s what we are doing,” says Isenor. “We are really aggressively drilling them.  If it’s there we are going to find it.”

MegumaGold was previously called Coronet Metals and was run out of Vancouver by mining executive Theo Van der Linde, with a tailings project in Nevada.

He became aware of the Meguma land package and could see the opportunity. Coronet struck a deal to buy a large land package in the historic gold district and Isenor was brought in as the CEO when the company name changed last June.

The operations base was also moved to Bedford in Nova Scotia and the firm started to raise capital for exploration.

Van der Linde remains as president at the company.

Big goals

Despite its early stage, MegumaGold has big goals as it looks to play a major part in Nova Scotia’s paradigm shift in the understanding and potential of its gold deposits.

Isenor reckons his company stands at the exciting beginning phases of people understanding that this disseminated style of mineralization is really where the future lies and is the economic mining model for Nova Scotia.

“People never really evaluated any of these targets for this disseminated style,” he explains, adding that often such geology was considered by miners to be mere waste rock.  New theories indeed.

This story was originally published at www.proactiveinvestors.com on March 8, 2019 and featured in the Public Entrepreneur magazine.

Learn more about MegumaGold Corp at https://megumagold.com/.

Prad Sekar on Leveraging Data to Bring Medical Cannabis to the Masses | #HashtagFinance

CB2 Insights’ CEO Pradyum Sekar recently sat down with Barrington Miller to discuss the importance of medically validated cannabis data (3:45), the challenge of breaking down barriers with physicians (9:45), and the impact of big pharma on medical cannabis (13:30). Listen until the end to hear about Prad’s experience around launching the company, pivoting the business (hint – vertical integration!), and their recent launch on the CSE – Canadian Securities Exchange.

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Sarah Morrison on the Vital (and Not Boring) Role of the Transfer Agent | #HashtagFinance

Sarah Morrison from Capital Transfer Agency sat down with Barrington Miller to explain what a transfer agent actually does (2min), what to do when you find an old share certificate in your attic (7min), and the role blockchain will (or won’t) play in the future of deploying transfer agency services (12:30). Listen until the end to hear how her firm competes with the “big guys” and exciting news about the deployment of CTA’s services across the U.S./Canada border!

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