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Deal Addict
Jan 27, 2016
1059 posts
407 upvotes
Toronto, ON
https://www.journalducameroun.com/en/ce ... -un-envoy/

Before the end of the year the Central African Republic will begin disarming illegal groups in the western part of the country, UN envoy Parfait Onanga-Anyanga told the Security Council Tuesday.

There has been progress in starting a peace process since a UN peacekeeping force was established in the CAR in 2014 to stamp out inter-communal violence in the country, Onanga-Anyanga said.

“This progress that we have made together makes me hopeful that we have laid the foundations needed to build sustainable peace,” he said.

A half-dozen armed groups have committed to a national disarmament, demobilization and reinsertion program, Onanga-Anyanga said.

“The government will begin the disarmament of certain of these groups in the west of the country before the end of the year,” he said.

French Ambassador Francois Delattre emphasized, however, that “the message to the armed groups must be clear.

“They must lay down their arms and join the peace process without delay and without conditions, and know that the violence they engage in will not go unpunished,” he said.


Since 2013, much of the Central African Republic has been at the mercy of armed groups that plunder the country’s gold, diamond and oil deposits, posing a formidable obstacle to peace and national reconciliation.

Many of these groups claim to protect Christian or Muslim communities, and often battle over resources.

Onanga-Anyanga pointed to the opening session Monday of a long-planned Special Criminal Court in Central Africa as an “important step” against impunity.

The court consists of 25 judges — 13 from the CAR and 12 foreigners — and will decide cases involving violations of human rights or international humanitarian law committed in the country since 2003.

One of the world’s poorest and most unstable countries, the CAR spiralled into bloodshed after longtime leader Francois Bozize was overthrown in 2013 by a mainly Muslim rebel alliance called the Seleka.
Deal Addict
Jan 27, 2016
1059 posts
407 upvotes
Toronto, ON
Biggest news in years for Central African Republic and the best news we've seen for AXM.V in over 5-7 years, rebels will soon be forced to disarm by years end....all works in the same timeline with the CAR president speaking to the Investment Forum in Geneva tomorrow....Always follow the money!
Deal Addict
Jan 27, 2016
1059 posts
407 upvotes
Toronto, ON
Canada Cobalt discovers mineralized zones at Castle



2018-10-24 12:37 ET - News Release


Mr. Frank Basa reports

CANADA COBALT DISCOVERS BROAD NEW MINERALIZED ZONES IN DRILLING 1.5 KM EAST OF CASTLE MINE

Canada Cobalt Works Inc. drilling 1.5 kilometres east-southeast of the Castle mine, in an underexplored area prospective for a new deposit type, has intersected well-mineralized felsic Archean units at a downhole depth between 77 metres and 163 metres, as well as mineralized mafic to ultramafic units above and below over significant widths starting from surface.

Drilling of this third hole of the program continues.

The upper 77 meters of the hole is a coarse-grained, variable-textured and apparent cumulate gabbroic body (crystals up to 1 cm diameter) with disseminated pyrite throughout. From 77 m to 163 m is an intensely-altered, silicified and pyritized zone of felsic rocks unlike anything previously intersected at the Castle Property. Below the highly silicified unit are mineralized mafic to ultramafic units. Mineralization in these units consists of four distinct horizons featuring up to 1-cm diameter, coarse-grained blebby sulphides.

Core is being investigated and assayed for gold, platinum group elements, nickel and other potential metals.

A thin layer of overlying Huronian sedimentary rocks masked this area from previous exploration. The hole, collared 27 meters south of a strong, multi-element MMI soil anomaly and at the center of a 725-meter-long east-west trending IP anomaly with an associated chargeability halo, was drilled toward the north.

At the completion of this hole, a follow-up hole will be collared to the north of the MMI anomaly and 50 meters to the west, drilled southward to give a second cut through these newly-discovered mineralized zones.

Underground Drilling Update

A total of 67 underground drill holes have now been completed on the first level of the Castle mine. Visual analysis of core supports the Company's geological model that many well-mineralized cobalt vein structures were left behind by previous operators. The Company looks forward to providing initial assay results, and a steady stream thereafter, within the next seven to 10 days.

Pilot Plant Produces 8.25% Cobalt Concentrate From Waste Pile

Canada Cobalt's on-site proprietary pilot plant recently produced a gravity concentrate from a 250-kilogram sample randomly selected from the Castle mine waste pile (material left behind outside the mine by previous operators). Subsequent assaying by Swastika Laboratories has returned a cobalt concentrate grading 8.25%, featuring head grades of 0.39% cobalt and 1,905 g/t silver.

Frank Basa, Canada Cobalt President and CEO, commented, "Such head grades from the waste pile at Castle are extremely encouraging, not to mention our ability to produce such a high cobalt concentrate on site from material that was considered waste decades ago. Our proprietary Re-2OX process takes the concentrate from this stage, removes the arsenic and converts the concentrate into a client-specific technical grade cobalt sulphate."

Quality Assurance/Quality Control

Two samples weighing a total of 250 kilograms, having been processed in Canada Cobalt Works' proprietary Re-2OX pilot plant at the Castle Property, were taken to Swastika Laboratories in Swastika, Ontario, for analysis where a pulp-metallic analysis was completed for the silver assays. The entire sample was dried, weighed and crushed over 95%, then fully pulverized and passed through 147-micron screen to create a plus 147-micron fraction (metallics) and a minus 147-micron fraction (pulp). Approximately 50 grams of the metallic fraction was weighed, fused and assayed by fire assay. The resulting dore bead of gold and silver was weighed before adding HNO3 acid to dissolve the silver. The remaining gold bead was weighed and subtracted from the gold + silver bead to give a silver weight and grade for the metallics portion. The minus-147 fraction (pulp) had 2 samples from entire pulp which were weighed and then digested by two acid aqua regia and finalized by AAS reading for Co, Ag and Ni. Final silver grade is a calculated weighted average using grades and weights from both pulps and metallics. As gold was not assayed in the pulps, the final gold assay was calculated by weighted average, as for the silver, but assuming a 0.0 g/t Au grade for the pulp portion. Cobalt, nickel and copper were provided as percent grade. Analytical accuracy and precision are monitored by the analysis of reagent blanks and reference materials at the lab.
Deal Fanatic
User avatar
May 2, 2006
5479 posts
1327 upvotes
GTA
CCW: Market expected the assays, hence the sell off. Two important takeaways from this NR:

“1) Waste pile grade from a large sample is exceptional (0.39%), suggests the underground drilling has likely hit Cobalt grades that could be world class…Cobalt concentrate of 8.25% – Asians will love that, and the concentrate grade jumps dramatically through Re-2OX process after arsenic is removed

2) They just drilled into about 200 m of mineralized zones in this third hole from surface which could turn into an important new discovery”

Another week of wait, I am afraid, for a complete picture.
Deal Addict
Jan 27, 2016
1059 posts
407 upvotes
Toronto, ON
Added another 20k shares of Axm at 29 cents, small iceberg at 29 still there
Deal Fanatic
User avatar
May 2, 2006
5479 posts
1327 upvotes
GTA
CCW is bouncing back nicely today. Looks like the dumbasses who sold on yesterday's NR finally decided to read it. :facepalm:

Just to put it in perspective, the reported grade from Agnico *waste* is nearly the same as the majority of cobalt imported from Congo. This is a slight hint as to what's to come in terms of assays for the higher grade stuff.
Deal Addict
Jan 27, 2016
1059 posts
407 upvotes
Toronto, ON
Bought another 35k today of AXM 28-29 cents, that news of UN military clearing up the west side of the country made me accumulate more this week. Based on the article, clearing up the rebels on the west side will start before the end of the year.
Deal Fanatic
User avatar
May 2, 2006
5479 posts
1327 upvotes
GTA
GGI Garibaldi Expands on Nickel Mountain Central Zone Data

https://ceo.ca/@newswire/garibaldi-expa ... -zone-data

Looks like the regs forced them to provide additional detail... I do not think this is news they mentioned would be out by end of October. We will likely see another update in the coming days.

Also, Dr. Lightfoot will be interviewed on Midas Letter podcast on Oct. 31st.
Deal Addict
Jan 27, 2016
1059 posts
407 upvotes
Toronto, ON
Nice CAF.V insider buy, by the CEO.

ransaction: 2018-10-24$CAF
Canaf Investments Inc. (formerly Canaf Group Inc.)Way, Christopher Robert

4 - Director of Issuer, 5 - Senior Officer of Issuer
Common Shares
10 - Acquisition or disposition in the public market$7,440
+93,000 vol
$0.08 e


93000 shares @8 cents

Haven’t see any insider buy in years, CEO and his father own over 23% of the float.

Hopefully I’ll have the chance to get another 200-400k shares under 11. chris the ceo sounded excited about the new sector or sectors he’s getting us into.
Sr. Member
Dec 19, 2010
709 posts
197 upvotes
Toronto, Ontario
loopy1984 wrote:
Oct 25th, 2018 3:37 pm
Bought another 35k today of AXM 28-29 cents, that news of UN military clearing up the west side of the country made me accumulate more this week. Based on the article, clearing up the rebels on the west side will start before the end of the year.
low volume, hard to pick up shares. put in an order for 10k shares but only got 6k filled so far.
Deal Addict
Jan 27, 2016
1059 posts
407 upvotes
Toronto, ON
A new base is being built right now around 27-29.5, we saw this @ 5 cents, 10-12 cent, 16 cents, 20-22 cents, now currently. We have an iceberg seller at 29 cents than a small wall at 29.5-30 cents, after that clear sky, hence why your seeing some resistance now. Let's hope TGZ.T gives us some new information about the other claims we have a royalty in and we should see how much gold was processed via GORA royalty. Nov 1st we will see what's up

Interesting times so much M&A going on in the gold industry and Africa is the hottest area for this, look at Goldcorp down huge because they mostly dabble in North and SOuth America and costs are simply too high and finding large deposits like AXM's is becoming extremely rare, especially at less than $500 an ounce costs
jamieee wrote:
Oct 26th, 2018 9:36 am
low volume, hard to pick up shares. put in an order for 10k shares but only got 6k filled so far.
Deal Addict
Jan 27, 2016
1059 posts
407 upvotes
Toronto, ON
This weekend a bunch of us did non-stop research on the developments in CAR and found some amazing information. For those invested in AXM, go to stockhouse and read about them, it’s the post dated Saturday and Sunday.

Basically Bambari has been secured, that’s the town we needed secured to start sending our geologist and equipment to get back to work on the claim.

I believe now it’s a matter of weeks we get back on the claim and get back to work. Should exciting times ahead for Axm shareholders
Member
Dec 31, 2015
430 posts
55 upvotes
izzyzz wrote:
Oct 25th, 2018 4:18 pm
GGI Garibaldi Expands on Nickel Mountain Central Zone Data

https://ceo.ca/@newswire/garibaldi-expa ... -zone-data

Looks like the regs forced them to provide additional detail... I do not think this is news they mentioned would be out by end of October. We will likely see another update in the coming days.

Also, Dr. Lightfoot will be interviewed on Midas Letter podcast on Oct. 31st.
I really hope we see some more updates and NRs soon. The price cant stay above 1.5 it seems. Down almost 50% on GGI but still optimistic lol.

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