|By Marketwired .||
|November 29, 2012 03:21 PM EST||
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 11/29/12 -- Valterra Resource Corporation (TSX VENTURE:VQA)(FRANKFURT:3VA) ("Valterra") reports that a second stage of metallurgical analyses of a +20kg grab sample from the discovery trench at the +140 sq. km Bobcaygeon Graphite Property, located near Peterborough in Southern Ontario, returned the following highlights:
-- 65.6% graphite reported to jumbo and large flake size fraction classifications Including 45.6% jumbo flake (+48 mesh or greater than 0.297mm) -- 99% carbon recovery into the flash and rougher concentrate which -- graded 65-70% C(g) prior to any upgrading via cleaning circuit
Valterra is proceeding with the next stage of metallurgical test work at SGS Lakefield. This will include a cleaner flotation circuit aimed at increasing the concentrate grade to +95% C(g). Also, enhanced optical mineralogy work is proposed on sub-samples of the different concentrate size fractions to better assess individual flakes and needles of graphite.
President Fred Sveinson, P.Eng., stated: "Management is pleased with the mineralogical and metallurgical testing from the discovery trench. The results indicate a high grade, large flake graphite system. The next step is to determine the extent of mineralization at the discovery zone and continue exploring this large property package looking for more deposits."
Table 1: Highlighted Jumbo and Large Flake Metallurgical Determination --------------------------------------------------------------------------- Flake Combined Concentrate Assays % % Distribution Size mm mesh C(t) C(g) C(t) C(g) --------------------------------------------------------------------------- Jumbo 0.500 +32 69.7 69.2 22.8 22.9 0.297 +48 75.5 75.4 22.5 22.7 --------------------------------------------------------------------------- Large 0.210 +65 68.4 68.0 14.3 14.4 0.178 +80 64.4 63.5 5.7 5.6 --------------------------------------------------------------------------- Total 65.2 65.6 ---------------------------
The kinetics test used a two-stage grinding strategy with the products of each incremental flotation stage evaluated qualitatively under an optical microscope to characterize the quality of the flotation products. The incremental rougher concentrates were combined into two flotation concentrates and submitted for size fraction analysis. The two concentrates were screened at various mesh sizes and the size fractions and the rougher tails were subjected to LOI and C(g) analyses to generate a mass balance. Further the rougher concentrates and the rougher tails were subjected to a whole rock analysis by ICP. Cautionary Note: The grab sample was selective by nature and is unlikely to represent average grades of the deposit.
The sample, which was processed by SGS Lakefield, was comprised of float pieces from a shallow backhoe trench and returned a previously released high-grade assay of 34% C(g) (see NR-11-12). Microscopic analyses of the sample provided by SGS Lakefield in an earlier report identified the graphite as primarily flaky and platy particles with size ranges from 0.05mm to 3mm (coarse flake graphite is defined as greater than 80 mesh or 0.178mm) and visually much of the sample appears to be coarse in nature. Photomicrographs provided as part of this report show polycrystalline aggregates and lesser acicular (needle-like) grains making up much of the visible graphite. The complete report with photomicrographs of the sample is available on Valterra's website at www.valterraresource.com.
Exploration work is continuing on the property which is approximately 1.5 hours' drive northeast of Toronto and is close to transport, power, and numerous services. An 11 line-kilometre gridding program is ongoing, and a trenching-sampling-mapping program and an EM/MAG/IP ground geophysical survey are scheduled to commence. In November, Valterra also staked an additional +4,500ha following a regional contact which hosts numerous graphite past producers and occurrences.
Valterra also announces that Jean-Pierre Colin has resigned as a director effective November 14, 2012. Valterra's board of directors has accepted Mr. Colin's resignation and wishes him well in his future endeavors.
Graphite is a naturally occurring form of carbon with wide-ranging and unique physical properties. Graphite is used in the development of graphene, which, when developed industrially, will be a replacement for several expensive electronic components such as silicon semi-conductors. There are three primary graphite occurrences naturally - vein, flake, and amorphous where the highest quality product can sell for over $2,000 per tonne. In pricing graphite, the flake size is a key factor with the large flake (greater than.178mm) ores commanding the highest prices in markets dominated by multi-national eco-automobile manufacturers, high-tech industries and nuclear energy companies. Recent pricing and demand increases have spurred numerous exploration and investment opportunities in the graphite market. The Province of Ontario is an excellent locale to explore owing to superior geology, geoscience knowledge, infrastructure, political stability and tax incentives. Several projects are advancing in the graphite field including Northern Graphite Corporation, Zenyatta Ventures Inc. and Ontario Graphite Ltd.
About Valterra Resource Corporation
Valterra is a Manex Resource Group Company. The group provides expertise in exploration, administration, and corporate development services for Valterra's mineral properties located in British Columbia and Ontario. Valterra is focussed on early stage properties with the potential to host large deposits, in regions with excellent infrastructure. Over the last several years, Valterra has acquired and is exploring several key projects including "Star-Toughnut", "Swift Katie" and "Bobcaygeon" which are located near roads, rail, power, and resource communities in Canada.
Brian McGrath, P.Geo., is the Qualified Person responsible for reviewing the technical information presented in this release.
On behalf of the Board of Directors,
Frederick Sveinson, President, Valterra Resource Corporation
For further information, please visit Valterra's website at www.valterraresource.com.
This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements. These statements are based on a number of assumptions, including, but not limited to, assumptions regarding general economic conditions, interest rates, commodity markets, regulatory and governmental approvals for Valterra Resource Corporation's projects, and the availability of financing for Valterra Resource Corporation's development projects on reasonable terms. Factors that could cause actual results to differ materially from those in forward looking statements include market prices, exploitation and exploration successes, the timing and receipt of government and regulatory approvals, and continued availability of capital and financing and general economic, market or business conditions. Valterra Resource Corporation does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future events or otherwise, except to the extent required by applicable law.
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.
DevOps is about increasing efficiency, but nothing is more inefficient than building the same application twice. However, this is a routine occurrence with enterprise applications that need both a rich desktop web interface and strong mobile support. With recent technological advances from Isomorphic Software and others, rich desktop and tuned mobile experiences can now be created with a single codebase – without compromising functionality, performance or usability. In his session at DevOps Su...
Nov. 30, 2015 01:45 PM EST Reads: 426
As organizations realize the scope of the Internet of Things, gaining key insights from Big Data, through the use of advanced analytics, becomes crucial. However, IoT also creates the need for petabyte scale storage of data from millions of devices. A new type of Storage is required which seamlessly integrates robust data analytics with massive scale. These storage systems will act as “smart systems” provide in-place analytics that speed discovery and enable businesses to quickly derive meaningf...
Nov. 30, 2015 01:45 PM EST Reads: 432
Most of the IoT Gateway scenarios involve collecting data from machines/processing and pushing data upstream to cloud for further analytics. The gateway hardware varies from Raspberry Pi to Industrial PCs. The document states the process of allowing deploying polyglot data pipelining software with the clear notion of supporting immutability. In his session at @ThingsExpo, Shashank Jain, a development architect for SAP Labs, discussed the objective, which is to automate the IoT deployment proces...
Nov. 30, 2015 01:12 PM EST
In his keynote at @ThingsExpo, Chris Matthieu, Director of IoT Engineering at Citrix and co-founder and CTO of Octoblu, focused on building an IoT platform and company. He provided a behind-the-scenes look at Octoblu’s platform, business, and pivots along the way (including the Citrix acquisition of Octoblu).
Nov. 30, 2015 01:00 PM EST Reads: 536
In his General Session at 17th Cloud Expo, Bruce Swann, Senior Product Marketing Manager for Adobe Campaign, explored the key ingredients of cross-channel marketing in a digital world. Learn how the Adobe Marketing Cloud can help marketers embrace opportunities for personalized, relevant and real-time customer engagement across offline (direct mail, point of sale, call center) and digital (email, website, SMS, mobile apps, social networks, connected objects).
Nov. 30, 2015 12:45 PM EST Reads: 342
The buzz continues for cloud, data analytics and the Internet of Things (IoT) and their collective impact across all industries. But a new conversation is emerging - how do companies use industry disruption and technology enablers to lead in markets undergoing change, uncertainty and ambiguity? Organizations of all sizes need to evolve and transform, often under massive pressure, as industry lines blur and merge and traditional business models are assaulted and turned upside down. In this new da...
Nov. 30, 2015 12:45 PM EST Reads: 287
Countless business models have spawned from the IaaS industry – resell Web hosting, blogs, public cloud, and on and on. With the overwhelming amount of tools available to us, it's sometimes easy to overlook that many of them are just new skins of resources we've had for a long time. In his general session at 17th Cloud Expo, Harold Hannon, Sr. Software Architect at SoftLayer, an IBM Company, broke down what we have to work with, discussed the benefits and pitfalls and how we can best use them ...
Nov. 30, 2015 11:45 AM EST
In recent years, at least 40% of companies using cloud applications have experienced data loss. One of the best prevention against cloud data loss is backing up your cloud data. In his General Session at 17th Cloud Expo, Sam McIntyre, Partner Enablement Specialist at eFolder, presented how organizations can use eFolder Cloudfinder to automate backups of cloud application data. He also demonstrated how easy it is to search and restore cloud application data using Cloudfinder.
Nov. 30, 2015 11:00 AM EST Reads: 217
The Internet of Everything is re-shaping technology trends–moving away from “request/response” architecture to an “always-on” Streaming Web where data is in constant motion and secure, reliable communication is an absolute necessity. As more and more THINGS go online, the challenges that developers will need to address will only increase exponentially. In his session at @ThingsExpo, Todd Greene, Founder & CEO of PubNub, exploreed the current state of IoT connectivity and review key trends and t...
Nov. 30, 2015 10:45 AM EST Reads: 462
Two weeks ago (November 3-5), I attended the Cloud Expo Silicon Valley as a speaker, where I presented on the security and privacy due diligence requirements for cloud solutions. Cloud security is a topical issue for every CIO, CISO, and technology buyer. Decision-makers are always looking for insights on how to mitigate the security risks of implementing and using cloud solutions. Based on the presentation topics covered at the conference, as well as the general discussions heard between sessi...
Nov. 30, 2015 10:30 AM EST Reads: 353
With all the incredible momentum behind the Internet of Things (IoT) industry, it is easy to forget that not a single CEO wakes up and wonders if “my IoT is broken.” What they wonder is if they are making the right decisions to do all they can to increase revenue, decrease costs, and improve customer experience – effectively the same challenges they have always had in growing their business. The exciting thing about the IoT industry is now these decisions can be better, faster, and smarter. Now ...
Nov. 30, 2015 10:00 AM EST Reads: 290
The cloud. Like a comic book superhero, there seems to be no problem it can’t fix or cost it can’t slash. Yet making the transition is not always easy and production environments are still largely on premise. Taking some practical and sensible steps to reduce risk can also help provide a basis for a successful cloud transition. A plethora of surveys from the likes of IDG and Gartner show that more than 70 percent of enterprises have deployed at least one or more cloud application or workload. Y...
Nov. 30, 2015 09:00 AM EST Reads: 506
Discussions of cloud computing have evolved in recent years from a focus on specific types of cloud, to a world of hybrid cloud, and to a world dominated by the APIs that make today's multi-cloud environments and hybrid clouds possible. In this Power Panel at 17th Cloud Expo, moderated by Conference Chair Roger Strukhoff, panelists addressed the importance of customers being able to use the specific technologies they need, through environments and ecosystems that expose their APIs to make true ...
Nov. 30, 2015 08:00 AM EST Reads: 565
Too often with compelling new technologies market participants become overly enamored with that attractiveness of the technology and neglect underlying business drivers. This tendency, what some call the “newest shiny object syndrome” is understandable given that virtually all of us are heavily engaged in technology. But it is also mistaken. Without concrete business cases driving its deployment, IoT, like many other technologies before it, will fade into obscurity.
Nov. 30, 2015 07:00 AM EST Reads: 382
Microservices are a very exciting architectural approach that many organizations are looking to as a way to accelerate innovation. Microservices promise to allow teams to move away from monolithic "ball of mud" systems, but the reality is that, in the vast majority of organizations, different projects and technologies will continue to be developed at different speeds. How to handle the dependencies between these disparate systems with different iteration cycles? Consider the "canoncial problem"...
Nov. 30, 2015 07:00 AM EST Reads: 468