On Tuesday, DMG Blockchain Solutions (DMGI) announced a C$3 million investment in Brane Capital, an Ottawa-based cryptocurrency and digital asset custodian.īrane offers a crypto asset self-custody technology solution for IIROC-regulated securities dealers and is working toward becoming Canada’s first qualified custodian for digital assets.ĭMG believes its investment will accelerate market traction for both companies and facilitate the development of advanced blockchain technologies, as well as continued progress toward leadership in environmental sustainability. Shares of ELO are trading flat since the beginning of the week as of 10:37 am ET on Friday, June 11, 2021.ĭMG Blockchain Solutions (TSXV:DMGI) invests in Brane Capital Induced polarization/geophysical surveys, both downhole and surface, are planned to commence in the latter part of June to further refine target definition.” Bill Pearson, Eloro’s Executive Vice President Exploration, “the next step will be to calculate 3D magnetic inverse models which will assist in planning of additional drilling. The Porco (South) Breccia Pipe target has a similar signature to the Santa Barbara and Central Breccia Pipes, further confirming the likelihood of it being a major breccia pipeĪccording to Dr.The Santa Barbara and Central Breccia Pipes are marked by prominent low anomalies reflecting strong alteration.
The magnetic data further confirm the extent of the Iska Iska Caldera as determined from geological mapping and satellite interpretation including Aster data: Ground magnetic survey expands target areas at Eloro Resources’ (TSXV:ELO) Iska Iska ProjectĮloro Resources (ELO) reported results from its recently completed magnetics survey on the Iska Iska silver-tin polymetallic project in Bolivia. Shares of LLG are up 15.87 per cent since the beginning of the week as of 10:28 am ET on Friday, June 11, 2021. The study ranks Lac Guéret graphite among the best performing lithium-ion anode materials presently available commercially in all applications, including electric vehicles. On Monday, Mason Graphite (LLG) announced the completion of a benchmarking study for its lithium-ion anode materials, meaning the company can now commercialize its Lac Guerét graphite in the rapidly expanding battery market. Mason Graphite (TSXV:LLG) expedites battery material commercialization Here is a quick run through of what has been informing their investment decisions. The Canadian dollar also remains unchanged since our last report coming in at US$0.82/C$1.00.Īgainst this backdrop, our readers have been focused on a variety of compelling stories this week in mining, technology and cryptocurrency. These accommodative borrowing conditions signal caution amidst Canadians’ enthusiasm to get back to normal life. That said, the Bank of Canada’s overnight repo rate remains relatively steady at 0.18 per cent, having risen from a low of 0.13 per cent back in March. Supporting this rosy outlook, The S&P/TSX Composite Index rose over 100 points since last week’s report to 20,120.36 as of 10:20 am ET. With provinces taking tentative steps toward reopening, Canada’s economic prospects are looking as bright as ever since the beginning of the pandemic.
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