Thursday, April 9, 2020

St-Georges Eco-Mining Profile

St-Georges Eco-Mining Corp. engages in the exploration and evaluation of mineral properties in Canada and Iceland. The company primarily explores for gold, nickel, lithium, and base and energy metals, as well as platinum group metals. It holds interests in the Julie project located in the Manic Complex, Quebec; the Lithium property located in Quebec; Le Royal property located in north of Val d’Or, Quebec; and Ungava property located in Ungava Bay region, Quebec. The company was formerly known as St-Georges Platinum & Base Metals Ltd. and changed its name to St-Georges Eco-Mining Corp. in December 2017. St-Georges Eco-Mining Corp. was incorporated in 2002 and is based in Montreal, Canada.

St-Georges Eco-Mining
Stock SymbolCSE: SX, OTC: SXOOF, FSE: 85G1
SEDAR ProfileSEDAR - St-Georges Eco-Mining Corp.
Investor DeckNew Corporate Presentation will be available in Q2 2019.
Company AssetsJulie Nickel Project: Located 142 km north west of the deep sea port town of Baie-Comeau and accessible by paved and logging roads. The Julie project is the main active exploration project for St-Georges and its subsidiary Kings of the North and covers approximately 4,860 hectares or 48.6 km².

Kings of the North: Historical assay values obtained at the Isoukustouc project on selected grab samples yielded 17.00% copper, 3.84% nickel and 0.20% cobalt. The 2012 surface sample program executed by St-Georges on the surroundings of the B40 section of the project yielded 1.85% nickel and 0.335% copper on average. An exploration program of 2,343 line-km of airborne magnetic geophysical survey with 100m spacing was completed in 2011.The scalability of a newly developed Ferro-Nickel metallurgical process is being tested using samples obtained this summer.

Le Royal Lithium: This project is jointly own by St-Georges (90%) and Lepidico (ASX:LPD) 10%. Earlier this summer a team of prospectors accompanied by geologists participated in a 5-day surface campaign on the property. Pegmatite outcrops and geophysical targets were the main focus of interest. Samples from Le Royal should be sent later this fall to Australia to be processed by Strategic Metallurgy PTY.

ICM Contract
Bonnie Claire property:
St. George Eco Mining singed a contract to develop a way to extract lithium from clay more efficiently at the Bonnie Claire lithium deposit fully owned by its partner Iconic Minerals ltd (TSX-V: ICM). The company successfully tested its leaching approach with spodumene and other clay formations of lithium without pressure, calcimine and high temperatures. This development can be applied to any hard feed which includes tailings, clay and hard rocks. St-Georges metallurgists are planning to initiate tests with lepidolite lithium material available from St-Georges’ Le Royal Project. Provisional patents have been filed.

Hipo Contract:
Hipo Resources:
St-Georges has agreed to provide research and development utilizing products, extraction methods and proprietary technology to develop Hipo’s Democratic Republic of Congo lithium project in separation, recovery, and purification of lithium from its lithium-bearing material. Contract similar to the ICM deal in structure.

Nickel Sulphides Extraction: King of The North- subsidiary gathered bulk samples taken earlier this year from the Isoukustouc Nickel/Copper-Cobalt project and St-Georges’ Julie Nickel Project were tested using St Georges’ Nickel Sulphides extraction metallurgical initiative flow-sheet. The company expects to increase its efforts in the first part of 2019 on this technology initiative in parallel with the increase exploration efforts on the Julie Nickel Project.

ZEU crypto Networks:
Subsidiary of St George eco mining Focused on disruptive Blockchain technologies. With 4 major patents already filed for Zeu Crypto has completely revamped their focus and continue the elevate their own blockchain into untapped financial markets. ZeU plans to participate in the launch of a lottery initiative as a minority holder in exchange for licensing its technology. In line with the agreements governing the relationship between ZeU and St-Georges, St-Georges could have the option to participate in equal manner in the partnership equity or receive royalties.

ZEU’s VN3T acquisition: ZeU Crypto Networks Inc., has executed an asset purchase agreement with VN3T Technologies Inc. and its subsidiaries, collectively “VN3T”, an arm’s length party, pursuant to which ZeU acquired the key IP of a VN3T’s decentralized data market place platform and secured development services.
The IP and the expertise acquired will expedite the development of certain functionalities of ZeU’s blockchain marketplace platform for derivatives developed for Borealis EHF and will allow the integration of the new business segment of data trading in relation with this initiative and other opportunities. It will also generate exclusive tradable content for Borealis.

Borealis EHF: Management of St-Georges’ wholly owned subsidiary Borealis EHF, ZeU Crypto is handling all developments. The scenarios being studied would integrate ZeU private blockchain with EOS to reduce development time and further limit the costs per transaction while keeping the control on the smart contracts tokens issuance's and the utility tokens used in the distributed platform. The company, in collaboration with ZeU, entered into a due diligence review with a company that can accelerate the KYC and Compliance management aspect of the platform.

Islensk Vatnsorka: Iceland Resources EHF board of directors has decided to execute its option to acquire 15% of ÍV for 50 million ISK (approximately $600,000). In order to meet its obligation, St-Georges will issue a 5-year 6% capitalized debenture. In addition, Iceland Resources will appoint Mr. Frank Dumas to the board of ÍV and will have first right of refusal on all new equity financing done by Íslensk Vatnsorka. For more information please refer to the press release dated August 15, 2018.

St-Georges Eco-Mining Research Center

*Analyst Reports may not be sorted by date. Please refer to company website for original time stamp.
*Articles may not be sorted by date. Please refer to company website for original time stamp.