Fintech PR
Usha Resources Identifies Ten Key Drill Targets Across 25 Kilometre Strike at the White Willow Lithium Pegmatite Project
Highlights:
- The Company has completed 5 weeks of fieldwork, expanding the lithium-cesium-tantalum (“LCT”) pegmatite trend on the property to a potential strike length of >25 km open at both ends.
- A total of 837 samples have now been collected at the Project, highlighting multiple drill targets. Assays for 219 samples are pending receipt and analysis. Highlight results include up to 0.5% Li2O, 1,730 ppm cesium, 120,000 ppm tantalum and 3,540 ppm rubidium.
- Geochemical results indicate the strong potential for spodumene-bearing dykes to be present at the property. Potassium/rubidium ratios (K/Rb), are a key tool in identifying these types of dykes; K/Rb ratios of <30 are indicative of rare-earth pegmatites and <20 of spodumene-subtype pegmatites[i]. To-date, 10 pegmatites have been identified with K/Rb ratios <30 with a low of 7.5. Values below 10 are often associated with economic spodumene pegmatites.
- The Company intends on drilling each of the 10 target pegmatites as part of its maiden drill program.
VANCOUVER, BC, Sept. 14, 2023 /PRNewswire/ — Usha Resources Ltd. (“USHA” or the “Company”) (TSXV: USHA) (OTCQB: USHAF) (FSE: JO0), a North American mineral acquisition and exploration company, is pleased to provide this update on its on-going field program at the White Willow Lithium Pegmatite Project (“White Willow” or the “Project”) located 170 km west of Thunder Bay, Ontario.
The Company has completed 5 weeks of fieldwork this season, with data compilation complete for 618 samples. Assay highlights include:
- Lithium oxide (Li2O) values up to 0.5%, with 76 samples containing very anomalous (>300 ppm) concentrations of lithium, including 14 above >1,000 ppm with a sample of the host rock which assayed 1,300 ppm indicating significant lithium-rich fluids are present within the system.
- Cesium (Cs) values up to 1,730 ppm, with 71 samples containing very anomalous (>100 ppm) concentrations including 10 which are >500 ppm, indicating the samples are being collected from the outer zone of a fertile LCT system, which is where spodumene, if present, will be identified.
- Tantalum (ta) values up to 120,000 ppm Ta, with 82 samples containing very anomalous (>30 ppm) concentrations including 35 which are >60 ppm, indicative of the presence of a spodumene-bearing pegmatite.
Of note, a high-grade showing of 14.64% Ta2O5 is present at the Maple Leaf Dyke; coarse-grained tantalite is only known to be found at one other locality in Ontario which is the North Aubrey pegmatite at Green Technology Metals (GT1) Seymour Lake Project where GT1 has identified a 9.9 Mt resource at 1.04% Li2O. - Rubidium values of up to 3,540 ppm, with 94 samples containing very anomalous (>1,000 ppm) concentrations including 24 >2,000 ppm.
Geochemical assessment also indicates the strong potential for spodumene-bearing dykes to be present at the property. Per Selway et al., potassium/rubidium ratios (K/Rb), are a key tool in identifying these types of dykes; K/Rb ratios of <30 are indicative of rare-earth pegmatites and <20 of spodumene-subtype pegmatites. To-date, 10 pegmatites have been identified with K/Rb ratios <30 with a low of 7.5. Values below 10 are often associated with economic spodumene pegmatites.
Each of these pegmatites are planned to be drilled as part of the maiden drill program scheduled to commence in Q1 of 2024.
The Company will return to Site in October to complete additional prospecting and mapping after which it will proceed with geophysical surveys to outline structures prior to commencing the drill program.
“We are thrilled with the findings from the initial programs at White Willow,” said Deepak Varshney, CEO of Usha Resources. “As seen at Patriot Battery Metals’ Corvette Project, which has over 20 kilometres of trend, lithium pegmatite swarms occur in clusters, each of which has the potential to become a deposit. We now have 10 primary target areas across our 25 kilometre plus trend that include two highly evolved LCT pegmatite swarms at Bingo and Maple Leaf. With significant ground remaining between Bingo and Maple Leaf for further exploration and follow-up, we intend on maximizing the remaining time in the field season before commencing preparations for maiden winter drill program. The findings thus far strongly validate our belief that Willow is a flagship asset where Ontario’s next major lithium discovery will occur.”
Quality Assurance/Quality Control
All collected rock samples were put in sturdy plastic bags, tagged, and sealed at site. Sample bags were then put in rice bags and kept securely before being sent by road transport or delivered by the crew supervisor to either AGAT Laboratories Ltd. or Activation Laboratories in Thunder Bay, Ontario. All samples are analyzed with Four-Acid Digestion/Combined ICP-AES/MS package (49 elements). The QA/QC protocol included the insertion and monitoring of appropriate reference materials, in this case high concentration and low concentration certified OREAS and CDN lithium standards to validate the accuracy and precision of the assay results.
Qualified person
The technical content of this news release has been reviewed and approved by Mr. Andrew Tims, P.Geo., a qualified person as defined by National Instrument 43-101.
About Usha Resources Ltd.
Usha Resources Ltd. is a North American mineral acquisition and exploration company focused on the development of quality lithium metal properties that are drill-ready with high-upside and expansion potential. Based in Vancouver, BC, Usha’s portfolio of strategic properties provides target-rich diversification and includes Jackpot Lake, a lithium brine project in Nevada and White Willow, a lithium pegmatite project in Ontario that is the flagship among its growing portfolio of hard-rock lithium assets. Usha trades on the TSX Venture Exchange under the symbol USHA, the OTCQB Exchange under the symbol USHAF and the Frankfurt Stock Exchange under the symbol JO0.
USHA RESOURCES LTD.
For more information, please call Tyler Muir, Investor Relations, at 1-888-772-2452, email [email protected], or visit www.usharesources.com.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward-looking statements:
This news release may include “forward-looking information” under applicable Canadian securities legislation. Such forward-looking information reflects management’s current beliefs and are based on a number of estimates and/or assumptions made by and information currently available to the Company that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors that may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking information. Readers are cautioned that such forward-looking information are neither promises nor guarantees and are subject to known and unknown risks and uncertainties including, but not limited to, general business, economic, competitive, political and social uncertainties, uncertain and volatile equity and capital markets, lack of available capital, actual results of exploration activities, environmental risks, future prices of base and other metals, operating risks, accidents, labour issues, delays in obtaining governmental approvals and permits, and other risks in the mining industry.
The Company is presently an exploration stage company. Exploration is highly speculative in nature, involves many risks, requires substantial expenditures, and may not result in the discovery of mineral deposits that can be mined profitably. Furthermore, the Company currently has no reserves on any of its properties. As a result, there can be no assurance that such forward-looking statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements.
[i] Selway, J. et al. 2005. A Review of Rare-Element (Li-Cs-Ta) Pegmatite Exploration Techniques for the Superior Province, Canada, and Large Worldwide Tantalum Deposits. Exploration and Mining Geology, Vol. 14, Nos. 1-4, pp. 1-30.
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DUBLIN, Oct. 9, 2024 /PRNewswire/ — BTY is proud to announce that Jack McInerney, Managing Director responsible for Infrastructure Advisory globally and BTY’s Europe expansion, has joined the firm’s ownership group. This recognition highlights his exceptional leadership in driving BTY’s growth across North America and Europe over the past decade.
Under McInerney’s leadership, BTY has continued to evolve as one of the top-ranked advisory firms, delivering an extensive portfolio of over $100 billion in project investments across more than 200 deals in various sectors, including social infrastructure, renewables and clean energy, transportation, aviation, mobility, environment, and data and digital connectivity.
“Our success is rooted in fostering high-performing, integrated teams built on empowered and growth-oriented succession and mentorship,” said Jack McInerney. “We ensure clients benefit from the depth and breadth of BTY’s industry relationships, and the wealth of expertise across project, finance, and construction disciplines that we consistently deliver.”
McInerney has been instrumental in opening new sectors for BTY, establishing the firm’s reputation as a trusted advisor on complex, first-of-their-kind projects. These include landmark deals such as the Ontario Line RSSOM and Southern Civil Stations and Tunnel projects in Canada, LaGuardia Airport Terminal B and the I-4 Ultimate in the U.S., and the Higher Education Bundle 1 and Project Opus in Europe—one of the region’s largest transactions, involving the Dublin Convention Centre, and major telecom and healthcare assets across Ireland.
Toby Mallinder, BTY’s Managing Director, recognized McInerney’s accomplishments saying, “Jack exemplifies how we cultivate talent and maximize the value our approach delivers to clients in capital markets and asset management. His efforts have significantly propelled BTY’s growth by assembling a top-tier team with a unique, client-focused approach that spans every sector and delivery model in the global infrastructure landscape.”
Having joined BTY in 2011 and originally based in Vancouver, McInerney was appointed to spearhead the firm’s entry into linear infrastructure, with a particular focus on transportation assets and transit systems. McInerney and the team used this approach to rapidly expand BTY’s infrastructure client base across North America, and more recently, in Europe, where Dublin has become the firm’s launchpad for expansion in the region.
“This is an exciting new chapter for BTY,” added McInerney. “We look forward to sharing our new strategic direction with clients and industry partners, particularly our rapidly growing capabilities in the U.S., as well as renewables and energy, decarbonization, connectivity, operational services, and more.”
About BTY
BTY is an award-winning professional consultancy offering complete project solutions in real estate and infrastructure asset planning, development, operations, and transactions. Founded in Western Canada in 1978, the firm now has offices across Canada, the United States, Ireland, the United Kingdom, and Turkey, with a diverse global portfolio. BTY’s core services encompass Cost Management, Project Monitoring & Lender Services, Infrastructure Advisory, and Project Management. To learn more, visit BTY.COM.
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Fintech PR
Miami International Holdings Participates in the 2024 Ring the Bell for Financial Literacy Initiative during World Investor Week
PRINCETON, N.J., Oct. 9, 2024 /PRNewswire/ — Miami International Holdings, Inc. (MIH), a technology-driven leader in building and operating regulated financial markets across multiple asset classes, today ceremoniously rang the opening bell at its Princeton, N.J. headquarters in honor of the World Federation of Exchanges’ (WFE) Ring the Bell for Financial Literacy initiative.
“The importance of financial literacy to support an equitable future for all global investors cannot be overstated and we are pleased to once again participate in this year’s Ring the Bell for Financial Literacy initiative,” said Thomas P. Gallagher, Chairman and CEO of MIH. “MIH enthusiastically supports educational initiatives that help pave the way for future investors and we actively partner with schools in our community to empower students with knowledge to help maximize their future financial success.”
The Ring the Bell for Financial Literacy ceremony supports the International Organization of Securities Commissions’ (IOSCO) World Investor Week (WIW) 2024, a global campaign to raise awareness about the importance of investor education and protection. This marks the fifth consecutive year that IOSCO and the WFE are working in partnership on the Ring the Bell for Financial Literacy initiative.
Mr. Gallagher added, “In furthering our financial literacy efforts, MIH proudly sponsors the John Lothian News Futures Discovery video series that provides a unique, peer-led learning experience for young investors to learn about futures markets from students at Roosevelt University in Chicago.”
Additional details and information on the IOSCO WIW 2024 campaign is available at https://www.worldinvestorweek.org. Information on the WFE’s Ring the Bell for Financial Literacy 2024 campaign is available at https://www.world-exchanges.org/ring-bell-financial-literacy-2024.
About MIAX
MIAX’s parent holding company, Miami International Holdings, Inc., owns Miami International Securities Exchange, LLC (MIAX®), MIAX PEARL, LLC (MIAX Pearl®), MIAX Emerald, LLC (MIAX Emerald®), MIAX Sapphire LLC (MIAX SapphireTM), MIAX Futures Exchange, LLC (MIAX FuturesTM), LedgerX LLC d/b/a MIAX Derivatives Exchange (MIAXdxTM), The Bermuda Stock Exchange (BSX) and Dorman Trading, LLC (Dorman Trading).
MIAX, MIAX Pearl, MIAX Emerald and MIAX Sapphire are national securities exchanges registered with the Securities and Exchange Commission that are enabled by MIAX’s in-house built, proprietary technology. MIAX offers trading of options on all four exchanges as well as cash equities through MIAX Pearl Equities™. The MIAX trading platform was built to meet the high-performance quoting demands of the U.S. options trading industry and is differentiated by throughput, latency, reliability and wire-order determinism. MIAX also serves as the exclusive exchange venue for cash-settled options on the SPIKES® Volatility Index (Ticker: SPIKE), a measure of the expected 30-day volatility in the SPDR® S&P 500® ETF (SPY).
MIAX Futures is a registered exchange with the Commodity Futures Trading Commission (CFTC) and offers trading in a variety of products including Hard Red Spring Wheat Futures. MIAX Futures is a Designated Contract Market (DCM) and Derivatives Clearing Organization (DCO) under the CFTC, providing DCM and DCO services in an array of asset classes.
MIAXdx is a CFTC regulated exchange and clearinghouse and is registered as a Designated Contract Market (DCM), Derivatives Clearing Organization (DCO), and Swap Execution Facility (SEF) with the CFTC.
BSX is a fully electronic, vertically integrated international securities market headquartered in Bermuda and organized in 1971. BSX specializes in the listing and trading of capital market instruments such as equities, debt issues, funds, hedge funds, derivative warrants, and insurance linked securities.
Dorman Trading is a full-service Futures Commission Merchant registered with the CFTC.
MIAX’s executive offices and National Operations Center are located in Princeton, N.J., with additional U.S. offices located in Chicago, IL and Miami, FL. MIAX Futures offices are located in Minneapolis, MN. MIAXdx offices are located in Princeton, N.J. BSX offices are located in Hamilton, Bermuda. Dorman Trading offices are located in Chicago, IL.
To learn more about MIAX visit www.miaxglobal.com.
To learn more about MIAX Futures visit www.miaxglobal.com/miax-futures.
To learn more about MIAXdx visit www.miaxdx.com.
To learn more about BSX visit www.bsx.com.
To learn more about Dorman Trading visit www.dormantrading.com.
Disclaimer and Cautionary Note Regarding Forward-Looking Statements
The press release shall not constitute an offer to sell or a solicitation of an offer to purchase any securities of Miami International Holdings, Inc. (together with its subsidiaries, the Company), and shall not constitute an offer, solicitation or sale in any state or jurisdiction in which such offer; solicitation or sale would be unlawful. This press release may contain forward-looking statements, including forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements describe future expectations, plans, results, or strategies and are generally preceded by words such as “may,” “future,” “plan” or “planned,” “will” or “should,” “expected,” “anticipates,” “draft,” “eventually” or “projected.” You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements.
All third-party trademarks (including logos and icons) referenced by the Company remain the property of their respective owners. Unless specifically identified as such, the Company’s use of third-party trademarks does not indicate any relationship, sponsorship, or endorsement between the owners of these trademarks and the Company. Any references by the Company to third-party trademarks is to identify the corresponding third-party goods and/or services and shall be considered nominative fair use under the trademark law.
Media Contact:
Andy Nybo, SVP, Chief Communications Officer
(609) 955-2091
[email protected]
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Fintech PR
Newmark Group’s Third Quarter 2024 Financial Results Announcement to be Issued Prior to Market Open on Tuesday, November 5, 2024
Conference call scheduled for the same day at 10:00 a.m. ET
NEW YORK, Oct. 9, 2024 /PRNewswire/ — Newmark Group, Inc. (Nasdaq: NMRK) (“Newmark” or “the Company”), a leading commercial real estate advisor and service provider to large institutional investors, global corporations, and other owners and occupiers, today announced the details of its third quarter 2024 financial results press release and conference call. The Company plans to issue an advisory press release regarding the availability of its consolidated quarterly financial results at 8:00 a.m. ET on Tuesday, November 5, 2024. Newmark’s advisory release will notify the public that a full-text financial results press release will be accessible at the following pages:
http://ir.nmrk.com (PDF version of the full press release, PDF of a quarterly results investor presentation, link to the webcast, and supplemental Excel financial tables)
https://www.nmrk.com/media (PDF version of the full press release only)
Newmark will host a conference call on Tuesday, November 5, 2024, at 10:00 a.m. ET to discuss its results.
WHO: Newmark Group, Inc. (Nasdaq: NMRK)
WHAT: Third Quarter 2024 financial results conference call
WHEN: Tuesday, November 5, 2024, at 10:00 a.m. ET
WHERE: https://event.webcasts.com/starthere.jsp?ei=1692463&tp_key=fa28476e56
For those who are unable to join the webcast, the Company expects to post dial-in information before the day of the call on the event’s page at http://ir.nmrk.com.
Webcast Replay
|
Expected Available From – To: |
11/05/2024 at 1:00 p.m. ET – 11/05/2025 at 11:59 p.m. ET |
|
Replay Link: |
https://event.webcasts.com/starthere.jsp?ei=1692463&tp_key=fa28476e56 |
Note: If clicking the above links does not open a new webpage, you may need to cut and paste the URLs into your browser’s address bar.
ABOUT NEWMARK
Newmark Group, Inc. (Nasdaq: NMRK), together with its subsidiaries (“Newmark”), is a world leader in commercial real estate, seamlessly powering every phase of the property life cycle. Newmark’s comprehensive suite of services and products is uniquely tailored to each client, from owners to occupiers, investors to founders, and startups to blue-chip companies. Combining the platform’s global reach with market intelligence in both established and emerging property markets, Newmark provides superior service to clients across the industry spectrum. For the year ended December 31, 2023, Newmark generated revenues of approximately $2.5 billion. As of June 30, 2024, Newmark’s company-owned offices, together with its business partners, operate from approximately 170 offices with 7,800 professionals around the world. To learn more, visit nmrk.com or follow @newmark.
DISCUSSION OF FORWARD-LOOKING STATEMENTS ABOUT NEWMARK
Statements in this document regarding Newmark that are not historical facts are “forward-looking statements” that involve risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements. These include statements about the Company’s business, results, financial position, liquidity, and outlook, which may constitute forward-looking statements and are subject to the risk that the actual impact may differ, possibly materially, from what is currently expected. Except as required by law, Newmark undertakes no obligation to update any forward-looking statements. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see Newmark’s Securities and Exchange Commission filings, including, but not limited to, the risk factors and Special Note on Forward-Looking Information set forth in these filings and any updates to such risk factors and Special Note on Forward-Looking Information contained in subsequent reports on Form 10-K, Form 10-Q or Form 8-K.
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