Fintech
Fission 3.0 to Test Further 7.5M of 1450 CPS at PLN
Kelowna, British Columbia–(Newsfile Corp. – October 18, 2021) – FISSION 3.0 CORP (TSXV: FUU) (“Fission 3” or “the company”) is pleased to announce that drill programs are being planned for the upcoming 2022 winter and summer drilling seasons for its PLN Project in Canada’s southwest Athabasca Basin region in search of high-grade uranium mineralization. PLN ranks highly in Fission 3’s extensive portfolio by virtue of previous drilling having intersected basement hosted uranium mineralization and pathfinder elements showing large scale potential along a conductor that is open and untested to the NW, as well as having multiple untested and prospective drill-ready targets and being proximal to large-scale high grade uranium deposits. On September 29,2021 the Fission 3 announced a fully marketed private placement (the “Offering”) for gross proceeds of C$8,000,026. The Company intends to use the proceeds raised from the Offering for future exploration work on its uranium projects, including at PLN, corporate development and general corporate and working capital purposes.
Fission 3.0 also announces 1.2 million options at $0.19.
PLN Highlights:
The 100% owned PLN property consists of 38 mineral claims and covers 39,946 ha; it is one of the most advanced of the Fission 3 projects and is prospective for high-grade uranium. It is located just inside and in the south-west area of the Athabasca Basin in proximity to Fission Uranium’s Triple R and NexGen Energy’s Arrow large high-grade deposits. The property is strategically located between Fission Uranium’s PLS Property immediately to the south and the former Cluff Lake mine (>60M lbs U3O8 produced) and the UEX-Areva Shea Creek deposit to the north (42km and 27km respectively). Previous drilling at PLN by Fission 3 in 2014 identified a mineralized structure associated with the ~3 km long A1 conductor with strongly anomalous geochemistry, including uranium values, in addition to common pathfinder elements including boron, copper, nickel and zinc. Drill hole PLN14-019 intercepted a 7.5m interval (191.5m – 199.0m) of anomalous radioactivity with peak measurements up to 1450cps (as measured by handheld spectrometer) over 0.5m within a strongly clay altered and brecciated graphitic gneiss which assayed 0.5m of 0.047% U3O8 within 6.0m of 0.012% U3O8.
Summary of Previous Exploration:
From 2013 – 2019 property scale airborne electromagnetic (EM), magnetic and radiometric surveys combined with ground DC Resistivity, Magnetotellurics (MT) geophysics, borehole and ground Time Domain electromagnetic (TDEM) geophysics were carried out supporting prospecting, rock and soil sampling, and relogging of historical drill core. This work yielded numerous prospective uranium drill targets.
In 2014 a total of 10 holes were completed in 4,118m of drilling. The most significant result was returned from drill hole PLN14-019 which tested the A1 EM conductor and encountered anomalous radioactivity which was confirmed with geochemical analysis and assayed 0.047% U3O8 over 0.5m. These results raised the potential of the A1 conductor to host high-grade uranium mineralization.
In February 2019, the Company completed a winter drill program. A total of 2,051m were drilled in six completed holes. Drilling focused on the northwest-southeast trending A1 basement hosted EM conductor in the Harrison Lake area. All five holes on the A1 conductor encountered strong hydrothermal alteration over variable widths and a number of narrow radiometric anomalies, including a downhole radiometric peak of 1,382cps (162.8m to 163.2m in PLN19-026), often a key signature of mineralized uranium systems. One hole tested separate nearby basement EM conductor A4-1 (PLN14-021), also in the Harrison Lake area, with geochemical results from the drill core showing anomalous boron, an important pathfinder element, in the basement and overlying sandstone (534 ppm boron within Athabasca Sandstone from 316.5-317.0m and 698 ppm boron within Athabasca Sandstone immediately above the unconformity (413.35m) from 413.85-414. The A1 and A4-1 conductors on the PLN property are discrete northwest-southeast trending sub-parallel EM conductors and form part of a larger arcuate approximately north-south trending conductive system that can be traced northward to the Areva – UEX Shea Creek property where a series of high grade mineralized uranium deposits are associated with the Saskatoon EM conductor system.
Exploration Strategy:
Further Drill Testing along strike of the A1 and A4-1 Conductors:
A1 Conductor: Further drill testing of the A1 conductor will continue where it remains untested to the northwest over a further 700m strike length as defined by ground EM. The pathfinder geochemistry of the drill holes along the A1 conductor becomes more enriched and therefore prospective towards the northwest and the Company intends to follow that vector.
The A1B conductor is a 1.2 km long, northwest-southeast oriented basement conductor parallel to and south-east of the A1 conductor. It is interpreted to be an off-set southern section of the A1 conductor, where an interpreted northeast trending fault off-sets the conductor by about 400m to the east. Previous attempts to drill test this conductor segment were not successful due to ground conditions; the A1B conductor remains a prospective target and drill testing is required to evaluate this area.
A4-1 Conductor: The A4-1 conductor, as defined by a ground TDEM survey carried out in January 2014, was drill tested with one vertical hole in 2014 (PLN14-021). While no conductive lithologies were intersected, anomalous geochemical values for pathfinder elements from the drill core indicate enrichment and evidence of possible fluid pathways. The Athabasca unconformity is more than 300m deeper on the A4 conductor compared to the A1 conductor located ~4km to the southwest. Such major fault offset is a known association with some of the large structurally hosted high-grade uranium deposits of the Athabasca Basin. Additional drilling is being planned to follow up these results and to find the geological cause for the A4-1 EM conductor.
Drilling to Test Additional Drill-Ready Targets:
PLN hosts multiple additional prospective drill targets defined from the previous exploration work that remain untested on the property and where drilling is now being planned.
Broach Lake Targets: Two EM conductors were identified at Broach Lake from moving loop Time Domain Electromagnetic surveys (TDEM) carried out in 2014. A 34 line-km DC Resistivity survey completed in 2015 refined the conductor targets for drill testing. The conductors trend in an east-northeast orientation, which is parallel to the trend of the EM conductors of the Patterson Lake Structural Corridor located ~7 km to the SE and host to Fission Uranium’s Triple R deposit and NexGen’s Arrow deposit. The Broach Lake conductors are located near the south side of the property close to the present margin of the Athabasca Basin.
N Conductor Target: The N Conductors in the northeast part of the property were defined by a limited ground magnetotellurics (MT) and TDEM survey; they are interpreted as multiple parallel northwest-southeast trending basement EM conductors which dip steeply to the west. A 60 line-km DC Resistivity survey identified a resistivity low zone referred to as the “Chimney” target in the lower part of the sandstone above the western side of the 1km-wide conductor complex. This anomaly is interpreted to indicate clay alteration and dissolution of the sandstone matrix above basement structures delineated by the EM conductors. Deep drilling is being planned to test these basement conductors beneath the sandstone hosted “Chimney” resistivity anomaly.
Natural gamma radiation in drill core that is reported in this news release was measured in counts per second (cps) using Mount Sopris PGA-1000 Natural Gamma Probe and a hand-held RS-121 Scintillometer manufactured by Radiation Solutions. The reader is cautioned that scintillometer readings are not directly or uniformly related to uranium grades of the rock sample measured and should be used only as a preliminary indication of the presence of radioactive materials.
All depth measurements reported, including radioactivity and mineralization interval are down-hole, core interval measurements and true thickness are yet to be determined.
About Patterson Lake North (PLN)
The Patterson Lake North property (PLN) lies adjacent and immediately north of the Patterson Lake South property (PLS), owned by Fission Uranium Corp. where uranium mineralization has been traced by core drilling at PLS over ~3.18 km of east-west strike length in five separated mineralized “zones” which collectively make up the Triple R deposit, and where a Feasibility Study has commenced. The PLN property is located approximately 27 km immediately south of the UEX/AREVA Anne and Collette uranium deposits near Shea Creek.
PLN was acquired by Fission 3.0 Corp. as a result of the Fission Uranium/Alpha Minerals agreement in December 2013. Fission Uranium had previously expended approximately $4.7 million on exploration of the property. It is one of the most advanced and highest ranked properties in Fission 3.0’s extensive portfolio.
The technical information in this news release has been prepared in accordance with the Canadian regulatory requirements set out in National Instrument 43-101 and reviewed on behalf of the company by Raymond Ashley, P.Geo., Vice President, Exploration of Fission 3.0 Corp., and a qualified person.
About Fission 3.0 Corp.
Fission 3.0 Corp. is a Canadian based resource company specializing in the strategic acquisition, exploration and development of uranium properties and is headquartered in Kelowna, British Columbia. Common Shares are listed on the TSX Venture Exchange under the symbol “FUU.”
ON BEHALF OF THE BOARD
“Dev Randhawa”
Dev Randhawa, CEO
Investor Relations
Ph: 778-484-8030
TF: 844-484-8030
[email protected]
www.fission3corp.com
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Cautionary Statement: Certain information contained in this press release constitutes “forward-looking information”, within the meaning of Canadian legislation. Generally, these forward-looking statements can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or state that certain actions, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur”, “be achieved” or “has the potential to”. Forward-looking statements contained in this press release may include statements regarding the future operating or financial performance of Fission 3.0 Corp. which involve known and unknown risks and uncertainties which may not prove to be accurate. Actual results and outcomes may differ materially from what is expressed or forecasted in these forward-looking statements. Such statements are qualified in their entirety by the inherent risks and uncertainties surrounding future expectations. Among those factors which could cause actual results to differ materially are the following: market conditions and other risk factors listed from time to time in our reports filed with Canadian securities regulators on SEDAR at www.sedar.com. The forward-looking statements included in this press release are made as of the date of this press release and Fission 3 Corp. disclaim any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable securities legislation.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/100031
Modern brands stake on influencer marketing, with 76% of users making a purchase after seeing a product on social media.The cryptocurrency industry is no exception to this trend. However, promoting crypto products through influencer marketing can be particularly challenging. Crypto influencers pose a significant risk to a brand’s reputation and ROI due to rampant scams. Approximately 80% of channels provide fake statistics, including followers counts and engagement metrics. Additionally, this niche is characterized by high CPMs, which can increase the risk of financial loss for brands.
In this article Nadia Bubennnikova, Head of agency Famesters, will explore the most important things to look for in crypto channels to find the perfect match for influencer marketing collaborations.
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Comments
There are several levels related to this point.
LEVEL 1
Analyze approximately 10 of the channel’s latest videos, looking through the comments to ensure they are not purchased from dubious sources. For example, such comments as “Yes sir, great video!”; “Thanks!”; “Love you man!”; “Quality content”, and others most certainly are bot-generated and should be avoided.
Just to compare:
LEVEL 2
Don’t rush to conclude that you’ve discovered the perfect crypto channel just because you’ve come across some logical comments that align with the video’s topic. This may seem controversial, but it’s important to dive deeper. When you encounter a channel with logical comments, ensure that they are unique and not duplicated under the description box. Some creators are smarter than just buying comments from the first link that Google shows you when you search “buy YouTube comments”. They generate topics, provide multiple examples, or upload lists of examples, all produced by AI. You can either manually review the comments or use a script to parse all the YouTube comments into an Excel file. Then, add a formula to highlight any duplicates.
LEVEL 3
It is also a must to check the names of the profiles that leave the comments: most of the bot-generated comments are easy to track: they will all have the usernames made of random symbols and numbers, random first and last name combinations, “Habibi”, etc. No profile pictures on all comments is also a red flag.
LEVEL 4
Another important factor to consider when assessing comment authenticity is the posting date. If all the comments were posted on the same day, it’s likely that the traffic was purchased.
2. Average views number per video
This is indeed one of the key metrics to consider when selecting an influencer for collaboration, regardless of the product type. What specific factors should we focus on?
First & foremost: the views dynamics on the channel. The most desirable type of YouTube channel in terms of views is one that maintains stable viewership across all of its videos. This stability serves as proof of an active and loyal audience genuinely interested in the creator’s content, unlike channels where views vary significantly from one video to another.
Many unauthentic crypto channels not only buy YouTube comments but also invest in increasing video views to create the impression of stability. So, what exactly should we look at in terms of views? Firstly, calculate the average number of views based on the ten latest videos. Then, compare this figure to the views of the most recent videos posted within the past week. If you notice that these new videos have nearly the same number of views as those posted a month or two ago, it’s a clear red flag. Typically, a YouTube channel experiences lower views on new videos, with the number increasing organically each day as the audience engages with the content. If you see a video posted just three days ago already garnering 30k views, matching the total views of older videos, it’s a sign of fraudulent traffic purchased to create the illusion of view stability.
3. Influencer’s channel statistics
The primary statistics of interest are region and demographic split, and sometimes the device types of the viewers.
LEVEL 1
When reviewing the shared statistics, the first step is to request a video screencast instead of a simple screenshot. This is because it takes more time to organically edit a video than a screenshot, making it harder to manipulate the statistics. If the creator refuses, step two (if only screenshots are provided) is to download them and check the file’s properties on your computer. Look for details such as whether it was created with Adobe Photoshop or the color profile, typically Adobe RGB, to determine if the screenshot has been edited.
LEVEL 2
After confirming the authenticity of the stats screenshot, it’s crucial to analyze the data. For instance, if you’re examining a channel conducted in Spanish with all videos filmed in the same language, it would raise concerns to find a significant audience from countries like India or Turkey. This discrepancy, where the audience doesn’t align with regions known for speaking the language, is a red flag.
If we’re considering an English-language crypto channel, it typically suggests an international audience, as English’s global use for quality educational content on niche topics like crypto. However, certain considerations apply. For instance, if an English-speaking channel shows a significant percentage of Polish viewers (15% to 30%) without any mention of the Polish language, it could indicate fake followers and views. However, if the channel’s creator is Polish, occasionally posts videos in Polish alongside English, and receives Polish comments, it’s important not to rush to conclusions.
Example of statistics
Wrapping up
These are the main factors to consider when selecting an influencer to promote your crypto product. Once you’ve launched the campaign, there are also some markers to show which creators did bring the authentic traffic and which used some tools to create the illusion of an active and engaged audience. While this may seem obvious, it’s still worth mentioning. After the video is posted, allow 5-7 days for it to accumulate a basic number of views, then check performance metrics such as views, clicks, click-through rate (CTR), signups, and conversion rate (CR) from clicks to signups.
If you overlooked some red flags when selecting crypto channels for your launch, you might find the following outcomes: channels with high views numbers and high CTRs, demonstrating the real interest of the audience, yet with remarkably low conversion rates. In the worst-case scenario, you might witness thousands of clicks resulting in zero to just a few signups. While this might suggest technical issues in other industries, in crypto campaigns it indicates that the creator engaged in the campaign not only bought fake views and comments but also link clicks. And this happens more often than you may realize.
Summing up, choosing the right crypto creator to promote your product is indeed a tricky job that requires a lot of resources to be put into the search process.
Author
Nadia Bubennikova, Head of agency at Famesters
The BIS, along with seven leading central banks and a cohort of private financial firms, has embarked on an ambitious venture known as Project Agorá.
Named after the Greek word for “marketplace,” this initiative stands at the forefront of exploring the potential of tokenisation to significantly enhance the operational efficiency of the monetary system worldwide.
Central to this pioneering project are the Bank of France (on behalf of the Eurosystem), the Bank of Japan, the Bank of Korea, the Bank of Mexico, the Swiss National Bank, the Bank of England, and the Federal Reserve Bank of New York. These institutions have joined forces under the banner of Project Agorá, in partnership with an extensive assembly of private financial entities convened by the Institute of International Finance (IIF).
At the heart of Project Agorá is the pursuit of integrating tokenised commercial bank deposits with tokenised wholesale central bank money within a unified, public-private programmable financial platform. By harnessing the advanced capabilities of smart contracts and programmability, the project aspires to unlock new transactional possibilities that were previously infeasible or impractical, thereby fostering novel opportunities that could benefit businesses and consumers alike.
The collaborative effort seeks to address and surmount a variety of structural inefficiencies that currently plague cross-border payments. These challenges include disparate legal, regulatory, and technical standards; varying operating hours and time zones; and the heightened complexity associated with conducting financial integrity checks (such as anti-money laundering and customer verification procedures), which are often redundantly executed across multiple stages of a single transaction due to the involvement of several intermediaries.
As a beacon of experimental and exploratory projects, the BIS Innovation Hub is committed to delivering public goods to the global central banking community through initiatives like Project Agorá. In line with this mission, the BIS will soon issue a call for expressions of interest from private financial institutions eager to contribute to this ground-breaking project. The IIF will facilitate the involvement of private sector participants, extending an invitation to regulated financial institutions representing each of the seven aforementioned currencies to partake in this transformative endeavour.
Source: fintech.globa
The post Central banks and the FinTech sector unite to change global payments space appeared first on HIPTHER Alerts.
TD Bank has inked a multi-year deal with Google Cloud as it looks to streamline the development and deployment of new products and services.
The deal will see the Canadian banking group integrate the vendor’s cloud services into a wider portion of its technology solutions portfolio, a move which TD expects will enable it “to respond quickly to changing customer expectations by rolling out new features, updates, or entirely new financial products at an accelerated pace”.
This marks an expansion of the already established relationship between TD Bank and Google Cloud after the group previously adopted the vendor’s Google Kubernetes Engine (GKE) for TD Securities Automated Trading (TDSAT), the Chicago-based subsidiary of its investment banking unit, TD Securities.
TDSAT uses GKE for process automation and quantitative modelling across fixed income markets, resulting in the development of a “data-driven research platform” capable of processing large research workloads in trading.
Dan Bosman, SVP and CIO of TD Securities, claims the infrastructure has so far supported TDSAT with “compute-intensive quantitative analysis” while expanding the subsidiary’s “trading volumes and portfolio size”.
TD’s new partnership with Google Cloud will see the group attempt to replicate the same level of success across its entire portfolio.
Source: fintechfutures.com
The post TD Bank inks multi-year strategic partnership with Google Cloud appeared first on HIPTHER Alerts.
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