|By Marketwired .||
|May 13, 2014 09:18 AM EDT||
VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 05/13/14 -- Oxford Resources Inc. (TSX VENTURE:OXI) ("Oxford" or the "Company") is pleased to announce it has retained APEX Geoscience Ltd. ("APEX") to conduct a detailed assessment of their 100% owned Aley Creek Niobium Property that is contiguous and virtually surrounding Taseko Mines Ltd. Aley Niobium Project - currently believed to be the largest undeveloped Niobium deposit in the world. Oxford's Aley Creek Niobium property host's similar geological characteristics to Taseko's neighboring niobium deposit and contains multiple anomalies identified through government airborne surveys and ground based geochemical surveys. A work program to test these high priority anomalies will be established following the detailed assessment now underway.
Mitchell Adam, President of Oxford Resources Inc. states, "We are excited to begin uncovering the vast potential of our Aley Creek Niobium property surrounding such a large and advanced niobium deposit. The combination of the correct underlying geology, multiple identified anomalies and strategic location make our Aley Creek property highly prospective for Niobium. With over $25,000,000.00 in testing and infrastructure already spent by Taseko in close proximity and Niobium prices growing at 5-7% annually with only 3 producers worldwide we feel our Aley Creek property could be the key to Oxfords future success."
Oxford's Aley Creek Niobium Map: www.oxfordres.com/s/aley_niobium.asp
In March 2012, Taseko reported a NI 43-101 compliant Resource Estimate for their Aley Niobium Project. Using a 0.2% Nb2O5 cut-off, the Measured and Indicated Resource totals 286 million tonnes, grading 0.37% Nb2O5, plus an Inferred Resource of 144 million tonnes grading 0.32% Nb2O5. The combined Measured and Indicated Resource contains 739 million kilograms of Niobium. An additional 323 million kilograms of Niobium are contained in the Inferred Resource. (http://www.tasekomines.com/aley/ID539906)
About the Aley Creek Niobium Property
Oxford's Aley Creek property is comprised of eight mineral claims in two separate blocks (North and South) totaling over 3,360 hectares within the Omineca Mining Division, approximately 140 kilometres (km) north of Mackenzie, British Columbia, Canada.
The Aley Carbonatite, which hosts Taseko's Aley Niobium Deposit, is associated with a prominent regional airborne magnetic high anomaly within rocks of the Ordovician Kechika Formation. Rock and soil samples collected by APEX during 2013 encountered anomalous niobium values in Kechika Formation rocks on the Aley Creek North claim block indicating the potential for rare earth element (REE) bearing lamprophyre and carbonatite occurrences within the Property.
Within the Aley Creek South claim block, 6.5 km south of Taseko's Aley Niobium Deposit, a distinct 2 x 2 km magnetic anomaly occurs. Based on similarities between the Aley Creek South anomaly and the magnetic signature of the Aley Niobium Deposit there is the potential for the existence of an undiscovered carbonatite intrusion within Oxford's claims. Currently no carbonatite occurrences are known on the Aley Creek South claim block and no known surface geological work or diamond drilling has occurred within the claims.
APEX is currently in the process of planning a follow-up program including but not limited to: a detailed ground magnetic survey to better define the geometry of the airborne anomaly, as well as follow-up rock and soil sampling, and geological mapping to identify the presence of carbonatite dykes or fenitized host rock suggestive of a proximal carbonatite intrusion. Contingent on the results of the planned Phase 1 exploration, diamond drill testing of the Aley Creek South magnetic anomaly may be warranted.
Qualified Person Statement
Kristopher J. Raffle, B.Sc., P.Geo, Principal; and Consultant of APEX Geoscience Ltd. is the "Qualified Person" as defined by National Instrument 43-101. Mr. Raffle has reviewed the technical content of this news release as it relates to the Aley Creek Niobium Property.
About APEX Geoscience Ltd.
APEX Geoscience Ltd. is an international consultancy with over 40 geological staff based out of offices in Canada, Australia and Peru. APEX provides worldwide exploration services, including but not limited to: exploration project management (grassroots to feasibility); NI 43-101 compliant reports and resource estimates; structural geology and geophysical analysis; data interpretation and 3D modelling; historic data / GIS compilations and target generation; and independent property evaluations.
About Oxford Resources Inc.
Oxford Resources Inc. is a Tier 2 natural resource company, listed on the TSX Venture Exchange, trading under the symbol OXI. The Company currently holds a 100% interest in the Aley Creek Niobium Property, located northeastern British Columbia, which encircles the Taseko Aley Carbonatitite deposit, which is known to be one of the world's largest undeveloped resources of Niobium. The Company also owns an interest in the Chilcotin Belle property (formerly, the Tasco Claims) located in British Columbia. The property was recently optioned to Amarc Resources Ltd., as disclosed in the Company's news release dated December 13, 2013.
ON BEHALF OF THE BOARD OF DIRECTORS
OXFORD RESOURCES INC.
Mitchell Adam, President & Director
Some of the statements in this news release contain forward-looking information that involves inherent risk and uncertainty affecting the business of Oxford Resources Inc. Actual results may differ materially from those currently anticipated in such statements. Neither the 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.
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.
SYS-CON Events announced today that CA Technologies has been named “Platinum Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY, and the 21st International Cloud Expo®, which will take place October 31-November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. CA Technologies helps customers succeed in a future where every business – from apparel to energy – is being rewritten by software. From ...
Mar. 23, 2017 04:15 AM EDT Reads: 842
Niagara Networks exhibited at the 19th International Cloud Expo, which took place at the Santa Clara Convention Center in Santa Clara, CA, in November 2016. Niagara Networks offers the highest port-density systems, and the most complete Next-Generation Network Visibility systems including Network Packet Brokers, Bypass Switches, and Network TAPs.
Mar. 23, 2017 03:00 AM EDT Reads: 2,874
Web Real-Time Communication APIs have quickly revolutionized what browsers are capable of. In addition to video and audio streams, we can now bi-directionally send arbitrary data over WebRTC's PeerConnection Data Channels. With the advent of Progressive Web Apps and new hardware APIs such as WebBluetooh and WebUSB, we can finally enable users to stitch together the Internet of Things directly from their browsers while communicating privately and securely in a decentralized way.
Mar. 23, 2017 03:00 AM EDT Reads: 5,305
Extreme Computing is the ability to leverage highly performant infrastructure and software to accelerate Big Data, machine learning, HPC, and Enterprise applications. High IOPS Storage, low-latency networks, in-memory databases, GPUs and other parallel accelerators are being used to achieve faster results and help businesses make better decisions. In his session at 18th Cloud Expo, Michael O'Neill, Strategic Business Development at NVIDIA, focused on some of the unique ways extreme computing is...
Mar. 23, 2017 02:15 AM EDT Reads: 11,089
SYS-CON Events announced today that HTBase will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. HTBase (Gartner 2016 Cool Vendor) delivers a Composable IT infrastructure solution architected for agility and increased efficiency. It turns compute, storage, and fabric into fluid pools of resources that are easily composed and re-composed to meet each application’s needs. With HTBase, companies can quickly prov...
Mar. 23, 2017 02:15 AM EDT Reads: 2,242
SYS-CON Events announced today that Outlyer, a monitoring service for DevOps and operations teams, has been named “Bronze Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Outlyer is a monitoring service for DevOps and Operations teams running Cloud, SaaS, Microservices and IoT deployments. Designed for today's dynamic environments that need beyond cloud-scale monitoring, we make monitoring effortless so you ...
Mar. 23, 2017 02:00 AM EDT Reads: 3,644
SYS-CON Events announced today that MobiDev, a client-oriented software development company, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place June 6-8, 2017, at the Javits Center in New York City, NY, and the 21st International Cloud Expo®, which will take place October 31-November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. MobiDev is a software company that develops and delivers turn-key mobile apps, websites, web services, and complex softw...
Mar. 23, 2017 01:15 AM EDT Reads: 3,284
What if you could build a web application that could support true web-scale traffic without having to ever provision or manage a single server? Sounds magical, and it is! In his session at 20th Cloud Expo, Chris Munns, Senior Developer Advocate for Serverless Applications at Amazon Web Services, will show how to build a serverless website that scales automatically using services like AWS Lambda, Amazon API Gateway, and Amazon S3. We will review several frameworks that can help you build serverle...
Mar. 23, 2017 12:00 AM EDT Reads: 1,153
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).
Mar. 22, 2017 11:00 PM EDT Reads: 2,930
For organizations that have amassed large sums of software complexity, taking a microservices approach is the first step toward DevOps and continuous improvement / development. Integrating system-level analysis with microservices makes it easier to change and add functionality to applications at any time without the increase of risk. Before you start big transformation projects or a cloud migration, make sure these changes won’t take down your entire organization.
Mar. 22, 2017 10:15 PM EDT Reads: 3,226
SYS-CON Events announced today that Hitrons Solutions will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Hitrons Solutions Inc. is distributor in the North American market for unique products and services of small and medium-size businesses, including cloud services and solutions, SEO marketing platforms, and mobile applications.
Mar. 22, 2017 10:15 PM EDT Reads: 3,244
With the introduction of IoT and Smart Living in every aspect of our lives, one question has become relevant: What are the security implications? To answer this, first we have to look and explore the security models of the technologies that IoT is founded upon. In his session at @ThingsExpo, Nevi Kaja, a Research Engineer at Ford Motor Company, will discuss some of the security challenges of the IoT infrastructure and relate how these aspects impact Smart Living. The material will be delivered i...
Mar. 22, 2017 10:15 PM EDT Reads: 1,701
Historically, some banking activities such as trading have been relying heavily on analytics and cutting edge algorithmic tools. The coming of age of powerful data analytics solutions combined with the development of intelligent algorithms have created new opportunities for financial institutions. In his session at 20th Cloud Expo, Sebastien Meunier, Head of Digital for North America at Chappuis Halder & Co., will discuss how these tools can be leveraged to develop a lasting competitive advanta...
Mar. 22, 2017 09:30 PM EDT Reads: 2,302
Your homes and cars can be automated and self-serviced. Why can't your storage? From simply asking questions to analyze and troubleshoot your infrastructure, to provisioning storage with snapshots, recovery and replication, your wildest sci-fi dream has come true. In his session at @DevOpsSummit at 20th Cloud Expo, Dan Florea, Director of Product Management at Tintri, will provide a ChatOps demo where you can talk to your storage and manage it from anywhere, through Slack and similar services ...
Mar. 22, 2017 06:15 PM EDT Reads: 3,931
VeriStor Systems has announced that CRN has named VeriStor to its 2017 Managed Service Provider (MSP) 500 list in the Elite 150 category. This annual list recognizes North American solution providers with cutting-edge approaches to delivering managed services. Their offerings help companies navigate the complex and ever-changing landscape of IT, improve operational efficiencies, and maximize their return on IT investments. In today’s fast-paced business environments, MSPs play an important role...
Mar. 22, 2017 05:45 PM EDT Reads: 1,803