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Kefi Gold and Copper Launches Tulu Kapi Gold Mines Project in Ethiopia

KEFI Gold and Copper PLC

Kefi Gold and Copper Executive Chairman Harry Anagnostaras-Adams joined Steve Darling from Proactive to announce a significant milestone: the formal launch of the Tulu Kapi Gold Mines Project in the Federal Democratic Republic of Ethiopia. According to Anagnostaras-Adams, the TKGM Board, comprising representatives from both KEFI and the Ethiopian Federal and Oromia Regional Governments, has been established to oversee the project's development. This decision to launch Tulu Kapi follows the deployment of dedicated site policing and the swift confirmation of conditions by all members of the Project's finance syndicate. Several key milestones are expected to be achieved before September, including the completion of preparation for community resettlement, detailed engineering for procurement, and community consultations on social development plans. Additionally, recruitment and other organizational development initiatives are underway. From an economic perspective, the project is projected to yield significant benefits. At the current gold price of approximately US$2,350/oz, the Tulu Kapi Gold Mines Project is anticipated to generate hard currency exports averaging US$377 million per annum. Furthermore, royalties and taxes are expected to amount to US$69 million on average annually, while operating expenditures are projected to reach US$119 million per annum, with a focus on preferential procurement locally, subject to quality and price considerations. The launch of the Tulu Kapi Gold Mines Project marks a significant step forward in Kefi Gold and Copper's strategic objectives and underscores its commitment to sustainable development and economic growth in Ethiopia. Contact Details Proactive UK Ltd +44 20 7989 0813 uk@proactiveinvestors.com

May 23, 2024 09:29 AM Eastern Daylight Time

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Makers of STEPN, take major leap with STEPN GO, a social-lifestyle app with new gaming token, GGT

STEPN

FSL, the global gaming and development studio behind web3 lifestyle app STEPN, NFT marketplace MOOAR, and social-strategy game Gas Hero, has officially announced the launch of STEPN GO. The new product is a social lifestyle app that rewards your daily movement and social interactions. Today marks an exciting milestone with the release of the STEPN GO Whitepaper and Tokenomic model. The game introduces a new token, GO GAME TOKEN (GGT), which users can earn by walking, jogging, and running with digital NFT Sneakers. There will also be a PvP game feature that allows users to earn GMT, the FSL Ecosystem token. The original STEPN app was launched in 2021 and remains the world’s leading ‘Move and Earn’ application, pioneering the genre of gamified web3 fitness applications. With over 5.6 million registered users and over 1 million Sneaker NFTs owned by players, STEPN achieved monumental success, acquiring a global community. STEPN has partnered with prolific brands over the years including ASICS, Steve Aoki, and most recently adidas. STEPN was also the first blockchain gaming app to integrate Apple Pay, creating a seamless onboarding experience for web2 native users. Yawn Rong, Co-Founder of FSL commented, “The STEPN community has been requesting social features within the app since the early days of STEPN. Therefore, we’re so excited to reveal these new features, which will propel STEPN GO into mainstream adoption. In addition to the Haus Mechanism and Interactive Map, we will also implement PvP elements within the app. Community is at the heart of everything we do at FSL, and we are ecstatic to announce this monumental milestone today, reinforcing our commitment to empowering and engaging our users.” Building on the success of STEPN, FSL has designed unique social features within STEPN GO. The first key social element is the ‘Haus System’, which is a lending system that allows users to share their Sneaker NFTs with friends and family members who are new to the app, and split their earnings. This system will enable easy onboarding for new users to enjoy the app and kickstart their fitness journey. Another unique feature will be the ‘Interactive Map’, which will allow users to see other players' avatars and even add them as friends within the platform. This Interactive Map will also allow users to drop messages that can be found by other players out doing STEPN GO runs. Jerry Huang, Co-Founder of FSL added, “With STEPN GO, anyone can onboard their friends and family to web3 without needing to create a wallet or even buy NFTs. Exercise will be more fun and rewarding. We will combine fitness with many enjoyable experiences, including having your own customizable avatars with unique outfits!” The Alpha Version of STEPN GO is set to launch by Q3 2024 with a Sneaker NFT Alpha Prize Draw lasting one month. A total of 3,000 Sneaker NFTs will be distributed within the app. To enter, users will be required to lock GMT. Access to the Alpha Prize Draw will be limited to FSL ID users, ensuring the most loyal FSL community members are rewarded. An additional 2,000 Sneakers will also be given away via the STEPN X account and STEPN GO Discord. Make sure to follow STEPN on X for your chance to win a Sneaker and gain early access. About STEPN GO Building on the success of STEPN, the pioneering move-and-earn platform, STEPN GO revolutionizes social fitness in everyday life. Buy, borrow, or lend your Sneakers to earn rewards by staying active. Your rewards can be used to level up, cash out, or flex your online appearance, fostering both physical activity and social connections. About STEPN STEPN is Web3’s leading lifestyle app with over 5.6 million registered users. By incentivizing exercise through rewards, the app requires users to purchase a virtual Sneaker NFT and earn rewards through walking, jogging, or running. Over the years, STEPN has partnered with some prolific brands, including adidas, Atlético De Madrid, Steve Aoki, ASICS, and DeGods. About FSL Founded in 2021, FSL is a global gaming and development studio connecting players to Web3 through fun and rewarding gaming experiences. FSL’s mission is to introduce individuals to Web3 while encouraging healthy living and combating climate change. The FSL ecosystem includes STEPN, MOOAR, DOOAR, and Gas Hero. For more information, visit fsl.com. Contact Details FSL Mattina Hiwaizi +44 7582 408538 mattina@stepn.com Company Website https://fsl.com/

May 23, 2024 09:00 AM Eastern Daylight Time

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DB Schenker Americas Earns IATA Lithium Battery Transport Certification

DB Schenker

DB Schenker, a global leader in logistics and supply chain solutions, is proud to announce the successful acquisition of the Center of Excellence for Independent Validators (CEIV) Lithium Batteries Certification for its United States airfreight operations from the International Air Transport Association (IATA). This significant achievement underscores DB Schenker's commitment to setting the standard for safely and efficiently handling lithium battery shipments, a critical component in today’s technology-driven market. John McDonald, EVP of Americas for Airfreight, DB Schenker, said, “The CEIV Lithium Batteries program, crafted by IATA, is an industry-recognized certification that represents a company's ability to meet the stringent guidelines and standards for the logistics of lithium batteries. The certification confirms DB Schenker's proficiency in the safe transport of these items, which are essential for powering a vast array of devices and systems essential to modern life and commerce.” DB Schenker embarked on a rigorous certification journey marked by a series of in-depth training sessions, self-assessments, and meticulous documentation reviews. Barbara England, Sr. Director of Operations for Airfreight, DB Schenker, said, “The process began with comprehensive training, where Air Export Operations personnel and Air Product Management teams completed the IATA Lithium Battery Logistics Safety Management Certification Program. Following this, DB Schenker conducted a thorough self-assessment to ensure alignment with IATA’s exacting standards.” Brendan Sullivan, IATA’s Global Head of Cargo, said, "Congratulations to DB Schenker for achieving CEIV Lithium Batteries Certification for their operations in the United States. This accomplishment underscores the company's unwavering commitment to excellence in logistics within the rapidly growing sector. DB Schenker’s dedication to the safe handling of shipments is something their customers will undoubtedly value. Furthermore, the industry stands to benefit from the quality benchmark that they are helping to establish.” The assessment phase took place at DB Schenker's facility in Franklin Park, IL, where an IATA assessor meticulously evaluated the company's operations, processes, and adherence to the CEIV Lithium Batteries audit checklist. This checklist, featuring over 200-line items, required DB Schenker to demonstrate the highest level of precision and commitment to safety standards. Upon completion of the assessment, the findings underwent a rigorous validation process by IATA, culminating in the certification being awarded on January 29, 2024, with the notable distinction of zero non-conformities – a testament to DB Schenker's diligent preparation and dedication to excellence. The implications of receiving the CEIV Lithium Batteries certification are far-reaching for DB Schenker. This certification is not only a validation of DB Schenker’s unwavering dedication to safety and quality but also positions the company to meet the surging demand for the transportation of lithium battery products. Clients and partners can now have even greater confidence in DB Schenker’s capabilities to handle their shipments with the utmost care and expertise. Looking to the future, DB Schenker views this certification as a cornerstone of its ongoing strategy to expand its specialty in transporting dangerous goods. The company is already planning to extend the CEIV Lithium certification to additional global sites and is confident in pursuing further certifications for other dangerous goods, irrespective of the mode of transport. This certification aligns with DB Schenker's strategic vision to lead the logistics industry in safety, efficiency, and reliability. With the growing reliance on lithium batteries across multiple sectors, DB Schenker is well-prepared to support its customers with the highest level of service. The CEIV Lithium Batteries certification is valid for two years, during which DB Schenker will engage in continuous improvement and compliance to maintain this status. Refresher training for key personnel will be conducted, and new assessments will ensure ongoing adherence to the rigorous standards set forth by IATA. ### About DB Schenker Americas DB Schenker is one of the largest Integrated Logistics Service Providers in the Americas, with more than 10,000 employees in 123 locations providing over 27 million sq. ft. of distribution operations to its clients. DB Schenker's Americas presence includes Argentina, Brazil, Canada, Chile, Guatemala, Mexico, Panama, Peru, United States, and Venezuela. DB Schenker offers land transport and air and ocean freight, as well as comprehensive logistics solutions and global supply chain management services from a single source. With integrated partners across the Americas, DB Schenker provides the best combination of intimate local practices, knowledge, and global capabilities. About DB Schenker With around 72,700 employees at more than 1,850 locations in over 130 countries, DB Schenker is one of the world's leading logistics service providers. The company operates land, air, and ocean transportation services, and it also offers comprehensive logistics and global supply chain management solutions from a single source. Aiming for a sustainable future of the logistics industry, DB Schenker continuously invests in innovative transport solutions, renewable energies, and low-emission products for its customers. Contact Details Nicholas Leighton +1 949-478-5880 nick.leighton@nettresultsLLC.com Company Website https://www.dbschenker.com

May 23, 2024 09:00 AM Eastern Daylight Time

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Islamic Circle of North America Anticipates Over 30,000 Attendees at its 49th Annual Convention

Islamic Circle of North America

Islamic Circle of North America (ICNA) will host its annual convention centered around the theme of unshakable faith: trusting the will of God on May 25th-27th. The event is expected to host more than 30,000 attendees and will feature a diverse group of speakers, workshops, and activities aimed at promoting unity and community building. The convention is open to all people and families who seek to strengthen their understanding and connection to the Islamic faith. Speakers and workshops will cover a range of topics, including but not limited to: Islamic principles, family dynamics, youth development, social justice, and interfaith relations. At the same time, attendees will have the opportunity to engage with scholars, activists, and leaders who are experts in these areas. The ICNA Convention brings a surge of visitors to Baltimore, leading to increased hotel bookings, restaurant patronage, and overall spending in the city. This influx of attendees significantly benefits the tourism industry, with local hotels experiencing higher occupancy rates during the convention period. In addition, the increased foot traffic in restaurants, cafes, and eateries boosts revenue for local businesses and stimulates economic activity. Furthermore, the ICNA Convention promotes community engagement and philanthropy. Attendees participate in various community service initiatives and charitable activities, contributing to local charities and nonprofit organizations. This not only strengthens Baltimore's social fabric but also supports its economic well-being. “ICNA is thrilled to host this convention, an event that we have worked hard to make accessible and inclusive to everyone who wants to learn and grow in their faith,” said ICNA President Dr. Mohsin Ansari. “We are particularly proud of this year’s theme of unshakable faith and trusting the will of God. With the ongoing tragedy in Gaza weighing heavily on global consciousness, now more than ever, it's imperative for those with faith to stand steadfast in their beliefs as we persevere in the pursuit of justice." Registration for the convention is open and can be completed through ICNA’s website. The organization has put measures in place to ensure a safe and inclusive environment for all attendees. ICNA recently released a statement in support of the student protest taking place across College campuses across the United States, demanding a ceasefire in Gaza. About ICNA Islamic Circle of North America (ICNA) is a nonprofit 501(c)(3) and the largest Muslim organization in the United States, established in the 1960s. ICNA is an umbrella organization for multiple projects, programs, and activities that strive to help Muslims build their character to bring about a society rooted in morality and God-consciousness. Some of ICNA’s current projects include: ICNA Relief, Why Islam, Gain Peace, Helping Hands, MCNA, Young Muslims, ICSJ, and ILF. Contact Details Islamic Circle of North America Wahaj Khan press@icna.org Company Website https://icna.org/

May 23, 2024 09:00 AM Eastern Daylight Time

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Technology Is Enabling Remote Work In More And More Fields – Could Surgery Be Next? Surgical Robot Maker Monogram Orthopedics (NASDAQ: MGRM) Believes So

Benzinga

By Meg Flippin, Benzinga From far-flung corners of the world to rural towns across America, remote, robotic surgeries have the potential to change the way doctors treat patients. Using advanced technologies like artificial intelligence, robotics, teleconferencing and the internet, doctors can perform everything from knee replacements to gastric bypass without ever leaving their healthcare facility. That is already changing how care is delivered. Remote surgeries can provide cheaper and faster solutions – improving the accessibility of high-quality surgical care, overcoming surgeon shortages and saving patients money by removing the need to travel long distances for healthcare. Then there’s the enhanced accuracy and improved outcomes surgeons can achieve by using robotics to perform surgeries that otherwise would be manual and subject to potential human error. Take knee replacements, for one example. As it stands, 88% of knee surgeries are still performed manually, opening patients up to errors that could require more treatment and care. The benefits don’t end there. By using minimally invasive robotic methods, patients often see a reduction in complications, pain and infections. Not to mention, these methods can lead to faster recovery times and shorter hospital stays. All of those positives haven’t been lost on the medical community and are driving demand for telesurgery. According to Research and Markets, the surgical robots market is poised to hit $7.3 billion by 2030, up from $6.4 billion in 2022 – growing at a CAGR of 13.5% during the forecast period. The need for robotics can be found in every area of surgical care but seems particularly poised to grow in orthopedics. The orthopedic device market is forecast to grow at a CAGR of 4.5% through 2030, reaching $80.28 billion, according to Fortune Business Insights. Driving the growth is a rising prevalence of osteoporosis and musculoskeletal diseases, an aging population and an increase in sports-related injuries. The technology and procedures used today are antiquated, and robots could help with an overhaul. Monogram Demonstrates Its Prowess When it comes to remote robotic surgery, many players are trying to advance this type of treatment care. One company that seems to be seeing success is Monogram Orthopedics Inc. (NASDAQ: MGRM), the Austin, Texas medical technology company aiming to revolutionize orthopedic joint replacement surgery with its robotic technology, which links 3D printing and robotics with advanced pre-operative imaging. The company is developing a robot that it believes could help improve the standard of care in orthopedics in the future. Accompanying the robot are what the company describes as its “patient optimized” mPress implants that the company believes, when combined with robotics, could help surgeons deliver personalized care. Last year, the company made history by completing what it says is the first fully remote simulated robotic surgery in orthopedics. On March 7, 2023, Douglas Unis, MD of the Icahn School of Medicine at Mount Sinai in New York City and founder of Monogram Orthopedics, completed a fully remote total knee arthroplasty (TKA) procedure on a cadaver, controlling the Austin-based robot from New York City in real-time via the system’s user-operated foot pedal. Unis said at the time that despite being 1,700 miles away, the real-time system was very responsive with little in the way of latency. The successful simulated cadaveric surgery was live-streamed for the world to see. Internet Reliability On Display To demonstrate the capabilities and ensure the surgery went off without a hitch, Monogram tapped Real-Time Innovations’ RTI Connext® Anywhere software to provide real-time connectivity, which is extremely important for remote surgeries to be a success. To address the technical challenges of teleoperation, Monogram required a flexible software connectivity solution that was designed for distributed, secure and reliable data flow. Connext Anywhere, based on the Data Distribution Service (DDS™) standard, accelerates the development of intelligent and connected platforms and provides a range of reliability features to optimize and prioritize real-time data flow over intermittent networks. That proved true during the remote surgery. "A joint-replacement surgery is incredibly invasive, stressful and is still a largely manual process today, with 100,000 knee replacements failing each year," Kamran Shamaei, CTO at Monogram said at the time. "We feel strongly that our total knee replacement system, with RTI's underlying technology, could eventually help to dramatically reduce this number, hopefully helping patients to have a more stable, better-fitting knee replacement with fewer complications in a fraction of the time it takes today." It’s Just The Beginning Since Monogram’s successful demonstration, the company has made inroads in bringing robotic surgeries to the mainstream. It recently announced it delivered its first surgical robot, mBôs, to one of the world’s largest global robotics distributors. It marked the first sale for Monogram Orthopedics. In pre-clinical simulated cadaveric surgeries, Monogram’s robot was able to complete an orthopedic surgery in 40 minutes – about half the time it has taken some systems today. The goal is to try and get surgical timed down to 20 minutes with the help of the company’s recently announced mVIsion navigation. Remote robotic surgeries are just taking off as companies like Monogram aim to revolutionize surgical care. Telesurgery has the potential to level the playing field, help surgeon adoption and potentially improve patient outcomes, and make treatment more accessible and affordable for people residing in even the most remote locations. Just like video conferencing transformed the way we communicate, telesurgery is poised to change the way doctors across the world perform surgeries. Monogram is positioning itself to play a major role in that revolution. Featured photo by Piron Guillaume on Unsplash. Benzinga is a leading financial media and data provider, known for delivering accurate, timely, and actionable financial information to empower investors and traders. This post contains sponsored content. This content is for informational purposes only and not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

May 23, 2024 08:45 AM Eastern Daylight Time

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How Blue Nile Keeps Costs Down While Offering Ethical, High-Quality Engagement Rings And Jewelry To Suit All Kinds Of Customers

Benzinga

By Mangeet Kaur Bouns In the ever-evolving landscape of fine jewelry, Blue Nile has emerged as a premier destination for those seeking not only quality and good craftsmanship, but also transparency and ethical sourcing. As the wedding bells ring louder in the post-pandemic world, Blue Nile has positioned itself to cater to the increased demand for engagement rings and fine jewelry. Unwavering Commitment To Quality And Ethical Practices At the heart of Blue Nile's philosophy is a staunch commitment to quality and ethical sourcing. The brand takes pride in its high-quality diamonds and gemstones, which come from suppliers who strictly adhere to ethical and environmental standards. This commitment not only caters to the judicious buyer, but also appeals to those who prioritize sustainability in their purchases. In addition to natural diamonds, the company boasts an impressive collection of lab-grown diamonds. These gems, certified by the Gemological Institute of America (GIA), are chemically and optically identical to their natural counterparts and offer a more affordable, ethical and sustainable alternative without compromising quality or beauty. Empowering Consumers Through Education Blue Nile's strategy extends beyond direct sales – it is a pioneer in consumer education within the jewelry sector. The company's detailed guides on the "Four Cs" of diamonds – cut, color, clarity and carat weight – equip customers with the knowledge to make informed purchasing decisions. This educational approach fosters a transparent relationship with customers, enhancing their confidence and trust, which is crucial in an industry often clouded by complexity. This approach sets Blue Nile apart from its competitors. Revolutionizing Jewelry Shopping With Technology, Convenience And Customization Since being founded in 1999, Blue Nile has been at the forefront of combining technology with traditional jewelry retail. The company’s online platform is designed for optimal user experience, offering detailed product descriptions, high-resolution images and interactive design tools. These features make it easy for customers to find and customize their perfect piece of jewelry from the comfort of their homes. For customers who prefer a more hands-on shopping experience, Blue Nile has also integrated physical showrooms across the U.S. These showrooms complement the online experience, allowing customers to see, touch and feel the jewelry before making a purchase, thus bridging the gap between online and in-store shopping. The brand’s commitment to customer service is also evident in its round-the-clock support offered via phone, live chat and email, ensuring that help is always available. This level of service, provided by non-commissioned experts, is instrumental in ensuring that every customer interaction is personalized and reassuring, making the purchasing process as smooth and enjoyable as possible. The company’s engagement with customers extends beyond direct service channels. Blue Nile actively utilizes social media platforms such as Facebook and Instagram to connect with clients – offering updates, engaging content and responsive customer service that caters to the digital habits of modern consumers. Moreover, the company enhances customer satisfaction through a flexible 30-day return or exchange policy, accommodating the needs and preferences of its diverse client base. For those seeking a highly personalized shopping experience, Blue Nile offers scheduled virtual appointments. Customers can engage with personal jewelers in a virtual showroom setting, which features a sophisticated studio equipped with multiple cameras that showcase each jewelry piece from various angles – providing a detailed and interactive viewing experience akin to an in-person consultation. Customization stands at the forefront of Blue Nile's service offerings. The company provides a vast array of customization options, allowing customers to select the ideal diamond, setting and metal type. This flexibility makes it possible to design distinct and meaningful engagement rings or other jewelry pieces that perfectly align with personal tastes. This emphasis on personalized jewelry is a cornerstone of Blue Nile’s mission, reflecting its dedication to helping customers craft not just jewelry but also memories. Competitive Pricing Without Compromise Operating predominantly online, Blue Nile can offer competitive pricing without compromising quality. By minimizing the overhead costs associated with traditional physical outlets, the company is able to offer an extensive range of premium jewelry at more accessible price points. This cost-effective model enhances affordability and broadens its appeal, increasing access to fine jewelry in a way many traditional jewelers may not be able to match. Offering Quality With Convenience In A Resurging Post-COVID Wedding Market The COVID-19 pandemic significantly impacted the wedding industry, leading to widespread postponements and cancellations as global restrictions took hold. During 2020, the earliest phase of the pandemic, the number of weddings in the U.S. plummeted to nearly 1.7 million, marking the lowest figure recorded since 1963. However, as the world has begun to recover and restrictions have eased, the wedding sector is witnessing a rebound. The most recent data from the CDC indicates a notable recovery. Approximately 2.1 million weddings occurred in 2022, surpassing about 2 million registered in 2019 during the pre-pandemic period. The global wedding ring market is poised for growth amid this revival. Straits Research projects this market to reach $132.6 billion by 2032, expanding at a compound annual growth rate (CAGR) of 5.7% from 2024 to 2032. This growth is expected to be driven by the increase in weddings and evolving consumer preferences for unique and custom wedding jewelry. Blue Nile is uniquely positioned to capitalize on this growth and cater to the needs of its customers as the wedding industry continues to flourish post-pandemic. Click here to learn more about Blue Nile and the collection of jewelry they offer. Featured photo by Tom The Photographer on Unsplash. Benzinga is a leading financial media and data provider, known for delivering accurate, timely, and actionable financial information to empower investors and traders. This post contains content. This content is for informational purposes only and not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

May 23, 2024 08:35 AM Eastern Daylight Time

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EuroPacific Metals Unveils Promising Assay Results from Miguel Vacas Mine Area Drill Program

Europacific Metals Inc

EuroPacific Metals CEO Karim Rayani joined Steve Darling from Proactive to to reveal the initial assay findings from the ongoing 2024 exploration program at the Miguel Vacas mine area in Portugal's Alentejo region. Rayani shared that the assay results from the first drill hole exceeded expectations, validating previous core observations. The hole yielded impressive results, with a continuous intercept of 22.8 meters grading 2.76% copper, including a highly promising section of 9.0 meters grading 7.49% copper. Notably, the drill hole was strategically placed near the southern boundary of the former open pit and aimed to corroborate findings from a previous hole drilled by Colt in 2015. Moreover, the recent drill hole intercepted a broad mineralized interval characterized by copper secondary minerals within a wide polyphase breccia/shear zone. The assay results indicate significantly improved outcomes compared to previous findings at a similar depth, indicating the potential for substantial mineralization in the area. EuroPacific Metals' 2024 drill program, currently midway through its 1,500-meter campaign, is primarily focused on defining a shallow open pit resource of oxide copper mineralization suitable for recovery through hydrometallurgical methods. Future plans include step-out drilling to assess the sulphide-rich portion of the deposit below the oxidized blanket. Sulphides in this region predominantly comprise chalcopyrite and pyrite, representing the primary ore minerals. With these promising assay results and ongoing exploration efforts, EuroPacific Metals is positioned to unlock the full potential of the Miguel Vacas mine area and advance its strategic objectives in the Alentejo region. Contact Details Proactive North America +1 604-688-8158 na-editorial@proactiveinvestors.com

May 23, 2024 08:13 AM Eastern Daylight Time

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European Green Transition announces deal to acquire prospective carbon credit project in Ireland

European Green Transition PLC

European Green Transition co-founder and non-executive director Cathal Friel joined Proactive's Stephen Gunnion with details of an exclusive option agreement to investigate the potential to develop a peatland carbon sink programme at the Altan farm in Donegal, Ireland. European Green Transitioin has taken an option on roughly 1,370 acres of peatland at Altan aimed at generating carbon credits by rewetting the land, which will allow it to monetise these credits. Friel emphasised that this method is less capital-intensive and has significant growth potential. The company's approach involves front-loading work and sharing revenue with landowners rather than purchasing land outright. This scalable model is expected to produce revenue in the first year and EBITDA by the second year. Friel highlighted the environmental benefits and the potential for substantial revenue generation through carbon trading. Following EGT's IPO in April, Friel noted the company's aim to double its share price within the first year and triple it within 18 months. Currently, the share price has already increased by 68% since the IPO. Contact Details Proactive UK +44 20 7989 0813 UKEditorial@proactiveinvestors.com

May 23, 2024 07:33 AM Eastern Daylight Time

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Greatland Gold Expands Exploration Portfolio with Mount Egerton Acquisition in Western Australia

Greatland Gold PLC

Greatland Gold Managing Director Shaun Day joined Steve Darling from Proactive to unveil the company's latest acquisition in Western Australia. Greatland Gold has successfully identified and acquired the Mount Egerton tenement, driven by extensive tectonic structural reviews conducted by its exploration team. Situated in the northern region of Western Australia, adjacent to the Patterson and Yukon areas, Mount Egerton exhibits promising potential for gold and copper deposits. Leveraging their advanced understanding of geophysics and tectonics, Greatland Gold secured the tenement at minimal cost, covering only the application fee. Mount Egerton represents a largely unexplored territory for gold, presenting a distinctive opportunity for Greatland Gold to uncover untapped mineral resources. The company intends to accelerate the exploration process by leveraging existing indigenous land use agreements, facilitating swift and efficient exploration activities. Initial exploration efforts at Mount Egerton will involve desktop reviews and ground sampling, leveraging cost-effective and efficient methodologies. This strategic move aligns seamlessly with Greatland Gold's overarching strategy to actively pursue exploration opportunities and unlock high-value prospects. Day emphasized the strategic significance of the Mount Egerton acquisition, strategically located south of the company's existing operations in the Patterson area and Panorama tenements. This expansion reinforces Greatland Gold's steadfast focus on the Pilbara crater region and underscores its commitment to enhancing its exploration portfolio with promising opportunities. Contact Details Proactive UK Ltd +44 20 7989 0813 uk@proactiveinvestors.com

May 23, 2024 07:21 AM Eastern Daylight Time

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