ADP National Employment Report: Private Sector Employment Decreased by 123,000 Jobs in December

ROSELAND, N.J., Jan. 6, 2021 /PRNewswire/ — Private sector employment decreased by 123,000 jobs from November to December according to the December ADP National Employment Report®.  Broadly distributed to the public each month, free of charge, the ADP National Employment…

ROSELAND, N.J., Jan. 6, 2021 /PRNewswire/ — Private sector employment decreased by 123,000 jobs from November to December according to the December ADP National Employment Report®.  Broadly distributed to the public each month, free of charge, the ADP National Employment Report is produced by the ADP Research Institute® in collaboration with Moody’s Analytics.  The report, which is derived from ADP’s actual payroll data, measures the change in total nonfarm private employment each month on a seasonally-adjusted basis.  

December 2020 Report Highlights*

View the ADP National Employment Report Infographic at www.adpemploymentreport.com.

Total U.S. Nonfarm Private Employment:     -123,000

By Company Size

Small businesses:     -13,000

  • 1-19 employees     -16,000
  • 20-49 employees     3,000

– Medium businesses:     37,000

  • 50-499 employees     37,000

Large businesses:     -147,000

  • 500-999 employees     22,000
  • 1,000+ employees      -169,000

By Sector

Goods-producing:     -18,000

  • Natural resources/mining     0
  • Construction     3,000
  • Manufacturing     -21,000

– Service-providing:     -105,000

  • Trade/transportation/utilities     -50,000
  • Information     -6,000
  • Financial activities     2,000
  • Professional/business services     12,000
         -Professional/technical services     5,000
         -Management of companies/enterprises     0
         -Administrative/support services     7,000
  • Education/health services     8,000
         -Health care/social assistance     9,000
         -Education     -1,000
  • Leisure/hospitality     -58,000
  • Other services     -12,000

* Sum of components may not equal total, due to rounding.

– Franchise Employment**

  • Franchise jobs     -5,300

**Complete details on franchise employment can be found here.

«As the impact of the pandemic on the labor market intensifies, December posted the first decline since April 2020,» said Ahu Yildirmaz, vice president and co-head of the ADP Research Institute. «The job losses were primarily concentrated in retail and leisure and hospitality.»

 

Chart 1. Change in Total Nonfarm Private Employment

 

Chart 2. Historical Trend - Change in Total Nonfarm Private Employment

 

Chart 3. Change in Nonfarm Private Employment by Industry

 

Chart 4. Change in Nonfarm Private Employment by Company Size

 

The matched sample used to develop the ADP National Employment Report was derived from ADP payroll data, which represents 460,000 U.S. clients employing nearly 26 million workers in the U.S. The November total of jobs added was revised from 307,000 to 304,000.  

To obtain additional information about the ADP National Employment Report, including additional charts, supporting data and the schedule of future release dates, or to subscribe to the monthly email alerts and RSS feeds, please visit www.adpemploymentreport.com.

The January 2021 ADP National Employment Report will be released at 8:15 a.m. ET on February 3, 2021.

About the ADP National Employment Report®
The ADP National Employment Report® is a monthly measure of the change in total U.S. nonfarm private employment derived from actual, anonymous payroll data of client companies served by ADP®, a leading provider of human capital management solutions.  The report, which measures nearly 26 million U.S. workers, is produced by the ADP Research Institute®, a specialized group within the company that provides insights around employment trends and workforce strategy, in collaboration with Moody’s Analytics, Inc.

Each month, ADP Research Institute issues the ADP National Employment Report as part of the company’s commitment to adding deeper insights into the U.S. labor market and providing businesses, governments and others with a source of credible and valuable information.  The ADP National Employment Report is broadly distributed to the public each month, free of charge.

The data for this report is collected for pay periods that can be interpolated to include the week of the 12th of each month, and processed with statistical methodologies similar to those used by the U.S. Bureau of Labor Statistics to compute employment from its monthly survey of establishments.  Due to this processing, this subset is modified to make it indicative of national employment levels; therefore, the resulting employment changes computed for the ADP National Employment Report are not representative of changes in ADP’s total base of U.S. business clients.

For a description of the underlying data and the statistical model used to create this report, please see the ADP National Employment Report: Development Methodology.

About the ADP Research Institute
The mission of the ADP Research Institute is to generate data-driven discoveries about the world of work, and to derive reliable economic indicators from these insights. We offer these findings to the world at large as our unique contribution to making the world of work better and more productive, and to bring greater awareness to the economy at large.

About Moody’s Analytics
Moody’s Analytics provides financial intelligence and analytical tools to help business leaders make better, faster decisions. Our deep risk expertise, expansive information resources, and innovative application of technology help our clients confidently navigate an evolving marketplace. We are known for our industry-leading and award-winning solutions, made up of research, data, software, and professional services, assembled to deliver a seamless customer experience. We create confidence in thousands of organizations worldwide, with our commitment to excellence, open mindset approach, and focus on meeting customer needs.

About ADP (NASDAQ – ADP)
Designing better ways to work through cutting-edge products, premium services and exceptional experiences that enable people to reach their full potential.  HR, Talent, Time Management, Benefits and Payroll. Informed by data and designed for people.   Learn more at ADP.com

ADP, the ADP logo, and Always Designing for People, ADP National Employment Report, ADP Small Business Report, ADP National Franchise Report, and ADP Research Institute are registered trademarks of ADP, Inc. All other marks are the property of their respective owners.

Copyright © 2021 ADP, Inc. All rights reserved.

ADP-Media

 

(PRNewsfoto/ADP, LLC)

 

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/adp-national-employment-report-private-sector-employment-decreased-by-123-000-jobs-in-december-301201960.html

SOURCE ADP, Inc.

EnergySage Brings Much-Needed Transparency and Simplicity to Community Solar Shopping with Launch of New Marketplace

BOSTON, Jan. 6, 2021 /PRNewswire/ — Following a very successful soft launch in select markets, EnergySage is excited to announce the official release of the EnergySage Community Solar Marketplace, an entirely new way for people to find, participate, and benefit from local community…

BOSTON, Jan. 6, 2021 /PRNewswire/ — Following a very successful soft launch in select markets, EnergySage is excited to announce the official release of the EnergySage Community Solar Marketplace, an entirely new way for people to find, participate, and benefit from local community solar farms.

In recent years, the community solar market has transformed and become much more consumer-friendly. Agreements are short and simple, savings are locked in for up to 20 years, and there’s no penalty to cancel. Yet as more community solar projects are developed across the country, finding out which projects are available to you and understanding the key differences between them have remained unnecessarily difficult. The EnergySage Community Solar Marketplace removes these roadblocks by providing homeowners, businesses, and renters with a one-stop-shop experience for easy, confident decision making.

«People want to comparison-shop online – that’s how we all make decisions about the things we buy,» said Vikram Aggarwal, CEO and founder of EnergySage. «We launched our rooftop marketplace back in 2013 because the market needed a more transparent, accessible way to shop for solar and it changed the residential solar industry permanently, and for the better, by empowering the consumer. Community solar is in the same position today, and we believe this innovative new online shopping experience is the missing piece to the industry’s growth.»

Quick facts about community solar, also known as shared solar, solar gardens, or solar farms:

  • Community solar is one of the fastest-growing segments of the US solar market.
  • It allows residents to subscribe to electricity produced from a local solar farm. As a result, subscribers typically save 10% annually on their electricity costs.
  • Despite its rapid growth, community solar is a relatively nascent product and is only readily available in select states, including CO, IL, MA, MD, ME, MN, NJ, NY, and RI, all of which are covered by the Community Solar Marketplace, with new projects being added all the time.

«Community solar allows a far greater number of people the opportunity to benefit from solar power, including renters and individuals with lower income or poor credit,» said John Gingrich, SVP new business development at EnergySage. «Helping facilitate smart energy decisions for new, more diverse consumer segments is very important to us, as well as to the health and longevity of the community solar industry.»

Using the EnergySage Community Solar Marketplace is extremely straightforward. Simply enter your zip code and average electric bill to instantly review eligible projects available in your area. You can then compare options side-by-side including the location of the project, estimated annual savings, how quickly each project is filling up, customer reviews, and much more.

The EnergySage Community Solar Marketplace provides great value to project developers and electric utility companies as well. For developers, this is a new cost-effective channel to acquire customers, especially as a massive backlog of projects open up and are in need of subscribers.

For utilities, the Community Solar Marketplace is an opportunity to help their customers make informed decisions about the local renewable energy options available to them, further strengthening the utility’s position as a trusted energy advisor to the consumer. In partnership with an investor-owned utility, EnergySage built the marketplace to empower and protect consumers, and to be as consumer-friendly as possible. This includes utility data integration to pull in customer electricity usage information, single sign-on capabilities to allow consumers to sign in using their utility account login, and the ability to white-label the marketplace to fit the branding of utilities and other partners.

The EnergySage Community Solar Marketplace is now publicly available and completely free for anyone interested in subscribing to a local solar farm: communitysolar.energysage.com

If you are a project developer interested in joining the Community Solar Marketplace, please fill out this brief form and the EnergySage team will contact you.

ABOUT ENERGYSAGE, INC.
EnergySage is the leading online comparison-shopping marketplace for rooftop solar, solar financing, energy storage, and community solar. Supported by the U.S. Department of Energy, EnergySage is now trusted by over 10 million consumers across the country to help them make smarter energy decisions through simplicity, transparency, and choice. Unlike traditional lead-generation websites, EnergySage empowers consumers to request and compare competing quotes online from a network of more than 500 pre-screened installation companies – a formula that is proven to result in a higher rate of adoption, 20 percent lower prices on average for consumers, and significantly lower costs for renewable energy providers. For these reasons, leading organizations like Connecticut Green Bank, Duke University, Environment America, Kaiser Permanente, and National Grid refer their audiences to EnergySage. Visit EnergySage for more information, and follow us on Facebook, LinkedIn, Twitter, and YouTube.

Contact:
Nick Liberati, nick@energysage.com

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/energysage-brings-much-needed-transparency-and-simplicity-to-community-solar-shopping-with-launch-of-new-marketplace-301201513.html

SOURCE EnergySage, Inc.

Vertical Field signs agreement for Vertical Farms deployments in Ukraine

– National distributor, Moderntrendo S.R.O, will promote Vertical Field for nationwide FaaS deployments with initial pilot with Varus Supermarkets

RA’ANANA, Israel, Jan. 6, 2021 /PRNewswire/ — Vertical Field, an innovative agtech company that specializes in vertical farming, has signed an agreement with Moderntrendo S.R.O, one of the largest agricultural distributors in <span…

– National distributor, Moderntrendo S.R.O, will promote Vertical Field for nationwide FaaS deployments with initial pilot with Varus Supermarkets

RA’ANANA, Israel, Jan. 6, 2021 /PRNewswire/ — Vertical Field, an innovative agtech company that specializes in vertical farming, has signed an agreement with Moderntrendo S.R.O, one of the largest agricultural distributors in Ukraine, for a promotion of nationwide deployments of vertical farms. Vertical Field will conduct an initial pilot at Varus, one of the biggest national supermarket chains in the country, in early 2021 before expanding to other chains. Varus operates 95 stores across 25 cities and attracts approximately 260,000 customers daily.

Vertical Field has developed and commercialized unique soil-based vertical farms in containers that produce locally sourced vegetables. These indoor farms are capable of growing a variety of fresh greens and other vegetables through the company’s proprietary technology. Vertical Field’s farms therefore offer a unique on-site service for local supermarkets, restaurants, outdoor markets and distribution centers.

Vertical Field customers benefit from advanced farming that produces pesticide-free and exceptionally fresh vegetables. Vertical Field’s technology is more efficient and generates less waste than conventional agriculture, utilizing 90% less water, while growing precise quantities in a controlled environment, and achieving shorter growing cycles. The Company offers 365 days a year ‘in season’ produce regardless of geography, physical location, weather and climate conditions, with consistently high product quality. The farms are modular, expandable, and moveable, with fully automated crop management, and a sterile environment that requires significantly less human contact. The crops that are currently offered include: lettuce, basil, parsley, kale, mint and others, sold at highly competitive prices.

Guy Elitzur, the CEO of Vertical Field, said, «We are extremely excited about our partnership with Moderntrendo S.R.O which has led to the project with Varus and will lead to more projects in the near future with more chains in Ukraine. One of the realizations that have surfaced during the COVID-19 crisis is the need to develop solutions that allow urban residents access to healthy food, with minimal human handling and without depending on transportation and shipping from remote locations. We are delighted to be able to provide- and expand access to- healthy, and high-quality vegetables grown right outside the consumer’s door.»

Bondar Denis, Director Moderntrendo SRO, said, «Today, we are creating a pilot project together with Vertical Field, which in the future will only benefit society, because the introduction of innovative and proprietary technologies for vertical cultivation of products for the urban ecosystem by Vertical Field is a new level in the Ukrainian market.»

About Vertical Field: 

Vertical Field is an agtech company that develops innovative & proprietary vertical growing  technologies for the urban ecosystem. Established in 2006, Vertical Field developed soil-based vertical growing systems that make the most efficient use of urban spaces- indoors and outdoors- for both agricultural and smart landscaping purposes. Vertical Field’s integrative solutions include two sectors: Vertical Farming & Smart Landscaping. The company is operated by professionals, agronomists, researchers, and a multi-disciplinary team, enabling the development of smart plant-based solutions that combine the best of design and manufacturing, smart computerized monitoring, soil-based technology, water and lighting technology and more.

About Moderntrendo S.R.O:

The company holds a leading position in the supply of products in Turkey, Eastern Europe and Asia. The main activity of the company is focused on rapeseed, corn, soybean and sunflower vegetable oils. A well-proven, complex business model aligned with local manufacturing technology and based on senior management expertise, together with advanced management technology and employee professionalism, is becoming a key factor in the organization’s success. The company sets and maintains high business standards to ensure transparency and minimize risks. We strive to make our products the benchmark for quality. We are guided by the needs and values of our customers and partners. We rely on the professionalism and high potential of our employees, and also adhere to the principles of technology.

For further information, please visit: https://www.verticalfield.com

Media Contacts
Noa Winston
Director of Marketing
T. +972-52-3406321  
M. noaw@verticalfield.com
O. +972-74-7000911 (ext. 0917)

Cision View original content:http://www.prnewswire.com/news-releases/vertical-field-signs-agreement-for-vertical-farms-deployments-in-ukraine-301201894.html

SOURCE Vertical Field

Modern Pumping Today Magazine Names HMD Kontro’s CSA/CSI Pumps to its 2020 List of Top Products

ARVADA, Colo., Jan. 6, 2021 /PRNewswire-PRWeb/ — Sundyne, a global leader in the design and manufacture of API-compliant centrifugal pumps and compressors today announced that Modern Pumping Today Magazine has named HMD Kontro’s modular and interchangeable CSA/CSI line of pumps to its 2020 Top Products list.

Earlier this year,…

ARVADA, Colo., Jan. 6, 2021 /PRNewswire-PRWeb/ — Sundyne, a global leader in the design and manufacture of API-compliant centrifugal pumps and compressors today announced that Modern Pumping Today Magazine has named HMD Kontro’s modular and interchangeable CSA/CSI line of pumps to its 2020 Top Products list.

Earlier this year, Sundyne’s HMD Kontro division updated the CSA/CSI sealless pump line with a number of enhancements that expand flow ranges and streamline the delivery of HMD Kontro pumps around the globe. HMD Kontro sealless pumps are specifically designed for handling high temperature, toxic, flammable, corrosive, carcinogenic and aggressive fluids. As a proven alternative to traditional sealed pumps, HMD Kontro sealless magnetic drive designs eliminate emissions and leaks, which can harm productivity, personnel and the environment.

«The staff at Modern Pumping Today takes a close look at new or newly enhanced pump technology and we examine products that best address the industry’s needs for efficiency, reliability and innovation,» said Modern Pumping Today’s Editor J. Campbell. «Recent enhancements to CSA/CSI pumps extend the value proposition for a proven pump that’s widely deployed around the globe. We’re pleased to add HMD Kontro’s sealless magnetic drive pumps to our list of Top Products.»

«Modern Pumping Today Magazine’s endorsement further validates the reputation of the CSA/CSI line for the chemical, petrochemical and general industrial markets,» said Sundyne’s Chief Commercial Office Colin Guppy. «The pump’s modular design makes it easier for our distributors to build exactly what our customers need, and get it to them faster, easier and less expensively. We thank Modern Pumping Today for recognizing these strengths, and we’re honored to be included in the 2020 Top Products list.»

Key Design Features for the CSA/CSI line include:

  • Interchangeable components – which increase flexibility and enable fewer pumps to handle a wider range of applications.
  • Full compliance with all ISO & ASME Standards.
  • Minimal lead time – modular design enables CSA/CSI pumps to be quoted, built & shipped quickly, anywhere around the globe.
  • Economical – no seals or support systems minimizes maintenance costs.
  • Safety – no potential leak points.
  • High efficiency hydraulics – for maximum flow / head coverage.
  • Robust design – unique containment shell enhances tolerance to system upsets.
  • Modular Rotating Element Cartridge – offers rapid & efficient replacement with minimal spare part inventory.

Pump users or distributors interested in learning more about the newly updated CSA/CSI range of Sealless Pumps can visit web.sundyne.com/cn/aukif/MPT2020 or contact info@hmdkontro.com for more details. For more on Modern Pumping Today Magazine’s Top Products feature, visit: https://modernpumpingtoday.com/2020-top-products/.

About Sundyne:
Headquartered in Arvada, Colorado with operations and presence in Europe, the Middle East, India, Asia, Japan and China, Sundyne is a leading manufacturer of precision-engineered highly reliable, safe, and efficient centrifugal pumps and compressors for use in hydrocarbon processing, chemical processing, power generation, industrial, and high-pressure water applications. Sundyne is the world leader in delivering low-flow, high-head integrally geared centrifugal pumps and compressors as well as a leader in the supply of safe and leakage-free sealless magnetic drive centrifugal pumps and diaphragm compressors. Sundyne pumps and compressors designs are compliant with the industry’s most stringent API, ANSI/ASME, and ISO standards. To learn more about the Sundyne family of precision-engineered pumps and compressors, please visit http://www.sundyne.com.

Media Contact

Todd J Keefe, For Immediate Release Public Relations, 6172621968, todd@firpr.com

 

SOURCE Sundyne

NEXE Innovations Provides Corporate Update and Outlook for 2021

VANCOUVER, BC, Jan. 6, 2021 /PRNewswire/ – NEXE Innovations Inc. (TSXV: NEXE) («NEXE» or the «Company»), a leader in plant-based materials science and advanced manufacturing technologies, is pleased to highlight our achievements in 2020, and to provide a 2021 outlook.

<a…

VANCOUVER, BC, Jan. 6, 2021 /PRNewswire/ – NEXE Innovations Inc. (TSXV: NEXE) («NEXE» or the «Company»), a leader in plant-based materials science and advanced manufacturing technologies, is pleased to highlight our achievements in 2020, and to provide a 2021 outlook.

Despite a year beset by challenges due to the COVID-19 pandemic, 2020 was a successful year for NEXE with numerous critical milestones reached.  It is our intention to begin providing quarterly reports to our shareholders going forward, allowing investors to closely monitor our progress.

2020 Highlights:

Completion of Go-Public Transaction & Board of Directors Formation

In 2020, we completed, by way of reverse takeover, our qualifying transaction to become a publicly listed company on the TSX Venture Exchange. This major milestone was preceded by various brokered and non-brokered financings raising gross proceeds exceeding Cdn$20M over the past 12 months, a significant increase over the original capital raise target. In total, fundraising and government grants have brought in over Cdn$35M to NEXE since its inception in 2015.

Furthermore, we have strengthened our board of directors with the addition of three new independent members.  This is consistent with best corporate governance practices as the majority of the board will be independent.  The new members include Haytham Hodaly (Senior Vice President, Corporate Development of Wheaton Precious Metals Corp.), Killian Ruby (President and CEO of Malaspina Consultants Inc.) and Graham Gilley (Director of Enterprise Risk Management and Data Protection at a private academic institution). The new board brings decades of experience in corporate finance, public practice accounting and risk management. In addition, and to complement our board of directors, we have added key members to the advisory board, who bring unrivalled experience in product marketing, automation and finance.

Strengthening of IP Portfolio, Equipment Update, and Interest from CPG Players

A strong IP strategy is the foundation of our business.  The Company has substantially strengthened its intellectual property («IP») portfolio in 2020. NEXE engaged a leading IP consulting firm to focus on our proprietary automation processes and materials technology within our pods. The IP firm had identified more than 20 possible patent applications that would further bolster NEXE’s competitive advantage, raise barriers to entry, and generate potential licensing revenue.  We anticipate that any potential future licensing revenue will compliment capsule sales thereby diversifying our revenue streams.  It will also safeguard us as we pursue other business lines and further leverage our innovation platform.    

In early 2020, NEXE placed orders for custom-built high-speed automation to scale its NEXE Keurig-compatible («K-Cup») pod production capacity from 20 million annually toward capacity of up to 120 million pods/year. We expect our high-speed automation for our K-Cup-compatible to arrive and be commissioned by mid-2021.  In addition, we have begun to commercialize our Nespresso-compatible initiative and expect high speed automation deliveries in Q2 of 2021.  With all of key equipment anticipated to arrive at site through 2021, we will be able to scale our Nespresso and K-Cup-compatible pod production to a combined 220 million pods/year capacity.  As equipment arrives, we will continue to improve supply chain efficiencies and reduce supply chain risk.

Finally, in 2020, NEXE received substantial inbound interest from large consumer packaged goods («CPG») companies who have avoided the single-serve beverage market due to sustainability concerns and see our technology as a sustainable entry point and solution. These discussions are ongoing as we look to bring our production facility online in 2021.

2021 Outlook:

In 2021, investors can expect an active year as we will primarily focus on commercialization of our plant-based capsule businesses and pursuing collaborations with leading CPG companies who have a shared ethos.  We are also 100% committed to demonstrating the leverage of our innovation platform into new businesses which we believe will be a significant value driver going forward.  In addition, our in-house IP team will continue to work with outside consultants to ensure that we are always expanding our IP portfolio and safeguarding every move we make.  We will continue our efforts in engaging the various government entities who have been so supportive in our pursuit to tackle the elimination of single-use plastic waste.   

We aim to commercialize our fully compostable capsules for use in Keurig Brewing Systems in the first half of 2021. We are also targeting the launch of our coffee capsules for use in Nespresso «original line» brewing systems by the second half of 2021. As we anticipate the arrival of our high-speed automation equipment and the start of commercialization, we are planning a major expansion of our production facility, both in terms of physical space and personnel, to satisfy the high level of demand we expect for our products.  We continue to expand our personnel and believe our new hires are among the brightest minds in the space.

Finally, NEXE Innovations would like to wish a Happy New Year to all its stakeholders, team members and partners. Though last year was a challenging year for most, we are exceptionally proud of our team’s achievements in 2020 and look forward to an exciting and prosperous year ahead in 2021.

About NEXE Innovations Inc.

NEXE Innovations Inc. is an advanced materials innovator and leader in plant-based compostable technology based in British Columbia, Canada. The company has developed one of the only patented, fully compostable, plant-based, single-serve coffee pods for use in existing major single-serve coffee machines. The proprietary NEXE Pod is designed to reduce the significant environmental impact caused by single-serve pods (+40 billion plastic pods discarded every year). With over $35M raised (equity and government funding) to date and over five years of R&D, NEXE is well-positioned to meet the growing demand for environmentally friendly and sustainable products in the single-serve coffee sector and beyond.

For additional information, please contact:

Kelsey Letham, Investor Relations at 604-359-4731
or visit: nexeinnovations.com

Social Media

https://twitter.com/nexeinnovations
https://www.facebook.com/nexeinnovations
https://www.linkedin.com/company/nexeinnovations
https://www.instagram.com/nexeinnovations

Cautionary Note Regarding Forward-Looking Statements

Certain statements in this release are forward-looking statements or information, which include the proposed use of proceeds, commercialization of the NEXE PODs, including the NEXE Nespresso Compatible Pod, and increase production capacity, create other environmentally friendly compostable packaging opportunities, development of technologies, the potential of the Company’s technology, future plans, regulatory approvals and other matters. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such information can generally be identified by the use of forwarding-looking wording such as «may», «expect», «estimate», «anticipate», «intend», «believe» and «continue» or the negative thereof or similar variations. The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company, including but not limited to, business, economic and capital market conditions, the ability to manage operating expenses, the ability to enter into purchase orders for the sale of its products, consumer demand for and sentiment towards the Company’s products, security threats, and dependence on key personnel. Such statements and information are based on numerous assumptions regarding present and future business strategies and the environment in which the Company will operate in the future, including the demand for its products, anticipated costs, and the ability to achieve goals. Factors that could cause the actual results to differ materially from those in forward-looking statements include, failure to obtain regulatory approval, the continued availability of capital and financing, equipment failures, litigation, increase in operating costs, the impact of COVID-19 or other viruses and diseases on the Company’s ability to operate, competition, failure of counterparties to perform their contractual obligations, government regulations, loss of key employees and consultants, filing of patent applications and grant of patents on its intellectual property, ability to generate licensing revenues from its intellectual property and general economic, market or business conditions.  Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The reader is cautioned not to place undue reliance on any forward-looking information.

The forward-looking statements contained in this news release are made as of the date of this news release.  Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. 

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/nexe-innovations-provides-corporate-update-and-outlook-for-2021-301201886.html

SOURCE Nexe Innovations Inc.

New Found Gold Doubles Drill Program to 200,000 Meters and Increases to 8 Drill Rigs at Queensway

VANCOUVER, BC, Jan. 6, 2021 /PRNewswire/ – New Found Gold Corp.New Found» or the «Company«) (TSXV: NFG) (OTC: NFGFF) is pleased to announce that the Company is expanding the current Queensway drill program from 100,000 meters to 200,000 meters and is increasing the rig count from four to eight drills.

<a…

VANCOUVER, BC, Jan. 6, 2021 /PRNewswire/ – New Found Gold Corp.New Found» or the «Company«) (TSXV: NFG) (OTC: NFGFF) is pleased to announce that the Company is expanding the current Queensway drill program from 100,000 meters to 200,000 meters and is increasing the rig count from four to eight drills.

Highlights

  • The decision to double the current drill program to 200,000 meters was made following an analysis of the multiple high-grade gold intercepts reported from drilling to date and further review of the multiple drill-ready targets defined along 5 km of strike of the Appleton Fault Zone and 3 km of strike of the JBP Fault Zone.
  • To the end of December 2020, approximately 13,400 meters of drilling has been completed.
  • With this expansion to 200,000 meters of drilling, the revised budget for the Queensway program commencing January 1, 2021 is approximately $35 million.
  • The Company currently has approximately $67 million in working capital and is well funded to support this expanded program.
  • Following the holiday break, drilling has now resumed at the Queensway with four drill rigs currently on site. The Company is advancing arrangements for four additional drills and anticipates finalizing contracts and mobilizing these drills by February 2021.
  • There is currently a significant backlog of samples from the 2020 drilling at the assay lab including a significant number of samples submitted on a rush basis. Additional results are expected by next week.

Craig Roberts, P.Eng., Chief Executive Officer of New Found, stated: «Our drilling to date at Queensway has yielded impressive intervals of high-grade gold over significant widths. With this increase in the drill count we can now accelerate our grid drilling program along 5 km of strike on the Appleton Fault Zone. We will also concurrently commence testing targets along 3 km of strike on the parallel JBP Fault Zone. Both zones are highly prospective for gold with multiple showings that require systematic drilling. With our new 7,000 ft2 core process facility in place our operational team is ready to ramp up and aggressively explore Queensway.  We are excited to move into 2021 with this large program ahead of us and we look forward to a significant news flow of drill results through 2021.»

QA/QC

True widths of the new exploration intercepts reported in this press release have yet to be determined but are estimated to be 70% to 80% of reported core lengths. Assays are uncut, and calculated intervals are reported over a minimum length of 2 meters using a lower cutoff of 1.0 g/t Au. All HQ split core assays reported were obtained by either whole sample metallic screen/fire assay or standard 30-gram fire-assaying with ICP finish at ALS Minerals in Vancouver, British Columbia. The whole sample metallic screen assay method is selected by the geologist when samples contain coarse gold or any samples displaying gold initial fire assay values greater than 1.0 g/t Au. Drill program design, Quality Assurance/Quality Control and interpretation of results is performed by qualified persons employing a Quality Assurance/Quality Control program consistent with National Instrument 43-101 and industry best practices. Standards and blanks are included with every 20 samples for Quality Assurance/Quality Control purposes by the Company as well as the lab. Approximately 5% of sample pulps are sent to secondary laboratories for check assays.

Qualified Person

The technical content disclosed in this press release was reviewed and approved by Greg Matheson, P.Geo., Chief Operating Officer and a Qualified Person as defined under National Instrument 43-101.

About New Found Gold Corp

New Found holds a 100% interest in the Queensway Project, located 15 km west of Gander, Newfoundland, and just 18 km from Gander International Airport. The project is intersected by the Trans-Canada Highway and has logging roads crosscutting the project, high voltage electric power lines running through the project area, and easy access to a highly skilled workforce. With working capital of approximately C$67M the Company is well financed to continue its current aggressive drill program with a total of 200,000m now planned. New Found has a proven capital markets and mining team with major shareholders including Palisades Goldcorp (33%), Eric Sprott (18%), Novo Resources (11%), Rob McEwen (7%), other institutional ownership (8%), and management, directors, and insiders (4%). Approximately 65% of the Company’s issued and outstanding shares are subject to escrow or 180-day lock up agreements.

Please see the Company’s website at www.newfoundgold.ca and the Company’s SEDAR profile at www.sedar.com.

Acknowledgments

New Found acknowledges the financial support of the Junior Exploration Assistance Program, Department of Natural Resources, Government of Newfoundland and Labrador.

Contact

To contact the Company please visit the Company’s website, www.newfoundgold.ca and make your request through our investor inquiry form. Our management has a pledge to be in touch with any investor inquiries within 24 hours.

New Found Gold Corp.

Per: «Craig Roberts«
Craig Roberts, P.Eng., Chief Executive Officer
Email: croberts@newfoundgold.ca
Phone: (604) 562 9664

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.

Forward-Looking Statement Cautions:

This press release contains certain «forward-looking statements» within the meaning of Canadian securities legislation, relating to further the exploration and drilling on the Company’s Queensway gold project in Newfoundland.  Although the Company believes that such statements are reasonable, it can give no assurance that such expectations will prove to be correct. Forward-looking statements are statements that are not historical facts; they are generally, but not always, identified by the words «expects,» «plans,» «anticipates,» «believes,» «intends,» «estimates,» «projects,» «aims,» «potential,» «goal,» «objective,» «prospective,» and similar expressions, or that events or conditions «will,» «would,» «may,» «can,» «could» or «should» occur, or are those statements, which, by their nature, refer to future events. The Company cautions that Forward-looking statements are based on the beliefs, estimates and opinions of the Company’s management on the date the statements are made and they involve a number of risks and uncertainties. Consequently, there can be no assurances that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Except to the extent required by applicable securities laws and the policies of the TSX Venture Exchange, the Company undertakes no obligation to update these forward-looking statements if management’s beliefs, estimates or opinions, or other factors, should change. Factors that could cause future results to differ materially from those anticipated in these forward-looking statements include risks associated possible accidents and other risks associated with mineral exploration operations, the risk that the Company will encounter unanticipated geological factors, the possibility that the Company may not be able to secure permitting and other governmental clearances necessary to carry out the Company’s exploration plans, the risk that the Company will not be able to raise sufficient funds to carry out its business plans, and the risk of political uncertainties and regulatory or legal changes that might interfere with the Company’s business and prospects. The reader is urged to refer to the Company’s reports, publicly available through the Canadian Securities Administrators’ System for Electronic Document Analysis and Retrieval (SEDAR) at www.sedar.com for a more complete discussion of such risk factors and their potential effects.

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/new-found-gold-doubles-drill-program-to-200-000-meters-and-increases-to-8-drill-rigs-at-queensway-301201820.html

SOURCE New Found Gold Corp.

A. O. Smith Corporation Publishes 2020 Corporate Responsibility & Sustainability Report

MILWAUKEE, Jan. 6, 2021 /PRNewswire/ — A. O. Smith Corporation (NYSE: AOS) today announced the release of its <a target="_blank"…

MILWAUKEE, Jan. 6, 2021 /PRNewswire/ — A. O. Smith Corporation (NYSE: AOS) today announced the release of its 2020 Corporate Responsibility & Sustainability Report, which documents the company’s environmental, social and governance activities and performance over the past two years. The 2020 report details the positive impact of A. O. Smith’s highly efficient products, highlights the company’s commitment to its employees and communities in which it operates and announces its first greenhouse gas emissions (GHG) reduction goal of 10% by 2025.

«We are proud to share the positive impact A. O. Smith is having in the areas of efficiency, energy and water conservation and sustainability, and the forward movement we have made over the past two years to reduce our contribution to global carbon emissions,» said Kevin Wheeler, chairman and chief executive officer. «The strength of our company and ability to meet these goals are dependent on our employees who live our values and identify opportunities to improve our processes, deliver outstanding performance and bring innovative, high efficiency products to market.»

«The adoption of our first GHG emissions reduction goal is an important step for A. O. Smith to help further advance our innovation efforts as we work to mitigate the impact we have on the environment and be good stewards of the resources we use in our operations,» said Patricia Ackerman, senior vice president, investor relations, treasurer and corporate responsibility & sustainability. «The goal was developed through a strategic initiative to identify opportunities to further reduce and conserve water, natural gas and electricity consumption and associated GHG emissions. This is a journey for the A. O. Smith organization, and we recognize and are committed to the work to be done to achieve our goals in the coming years.»

The report describes achievements in five key areas: creating innovative, customer-centric and efficient products; maintaining strong operational discipline; practicing responsible supply chain management; being a good place to work; and being an upstanding corporate citizen.

Below are some of the key report highlights:

  • Products with a positive environmental impact represented 28% of 2019 sales.
  • Over 1.2 billion single-use plastic bottles of water were displaced through the sale of water filtration systems and replacements in North America.
  • Sales of high-efficiency water heaters and boilers from our North America business units offset GHG emissions of 222,790 tons and 289,110 tons, respectively.
  • The 2020 Global Employee Engagement Survey had a participation rate of 96% with high scores for employee loyalty and engagement.
  • A total of $1.6 million in donations through the A. O. Smith Foundation’s partnerships with 199 nonprofit organizations supported the primary focus areas of education, human services, art and culture and health.

About A. O. Smith Corporation
A. O. Smith Corporation, with headquarters in Milwaukee, Wis., is a global leader applying innovative technology and energy-efficient solutions to products manufactured and marketed worldwide. Listed on the New York Stock Exchange (NYSE), the company is one of the world’s leading manufacturers of residential and commercial water heating equipment and boilers, as well as a manufacturer of water treatment and air purification products. For more information visit www.aosmith.com.

 

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/a-o-smith-corporation-publishes-2020-corporate-responsibility–sustainability-report-301201397.html

SOURCE A. O. Smith Corporation

Nova to Expand Offices in Taiwan with New Cleanroom and Training Center

REHOVOT, Israel, Jan. 6, 2021 /PRNewswire/ — Nova (NASDAQ: NVMI) celebrated today Nova Taiwan’s 20th anniversary with the opening of its new, expanded offices in Taiwan as part of the Company’s strategy to strengthen field operations and local training capabilities. Nova’s President and CEO, Eitan Oppenhaim, attended the opening of the new offices in Hsinchu City and christened the new cleanroom, which will…

REHOVOT, Israel, Jan. 6, 2021 /PRNewswire/ — Nova (NASDAQ: NVMI) celebrated today Nova Taiwan’s 20th anniversary with the opening of its new, expanded offices in Taiwan as part of the Company’s strategy to strengthen field operations and local training capabilities. Nova’s President and CEO, Eitan Oppenhaim, attended the opening of the new offices in Hsinchu City and christened the new cleanroom, which will support Nova’s customers in Asia.   

The new facility was built to support Nova’s expansion in Taiwan and enhance local capabilities for the Company’s growing fleet and customers in the region. It consists of both enhanced training capabilities and a new cleanroom. The new cleanroom will allow Nova to provide faster, enhanced services to customers in Taiwan and offer high-end training and demonstration tools for customers, shortening demo cycles and timelines.

Driven by Nova’s recent CSR strategy launch, more than 50% of the decoration materials were chosen from recycled, green, and chemical-free maintenance products, and all artwork is based on recycled materials. Environmental consciousness also played a significant role in the decision to house the office in a green, sustainable building that follows energy saving, waste reduction, and ecological standards.

Nova Taiwan was founded in 2000 and currently employs local professionals in Hsinchu, Taichung, and Tainan. The Company recently received the 2020 Golden Merchant Award for Outstanding Foreign Firm from Taiwan’s government for outstanding contribution in tech innovation and social responsibility.

«Over the past year, and following the COVID-19 spread, we increased focus on strengthening our local entities to maintain top-quality service for our global customers and to capitalize on various emerging opportunities,» said Eitan Oppenhaim, Nova’s President and CEO. «Our new facilities in Taiwan are a testament to our long-term commitment to our customers and partners in the region. It was my honor to celebrate our 20-year anniversary in Taiwan with the opening of the new site, which demonstrates our commitment to the local industry and our leading customers in Taiwan

About Nova: Nova is a leading innovator and key provider of metrology solutions for advanced process control used in semiconductor manufacturing. Nova delivers continuous innovation by providing state-of-the-art high-performance metrology solutions for effective process control throughout the semiconductor fabrication lifecycle. Nova’s product portfolio, which combines high-precision hardware and cutting-edge software, provides its customers with deep insight into the development and production of the most advanced semiconductor devices. Nova’s unique capability to deliver innovative X-ray and Optical solutions enables its customers to improve performance, enhance product yields and accelerate time to market. Nova acts as a partner to semiconductor manufacturers from its offices around the world. Additional information may be found at https://www.novami.com/.

Nova is traded on NASDAQ & TASE under the symbol NVMI.

This press release contains forward-looking statements within the meaning of safe harbor provisions of the Private Securities Litigation Reform Act of 1995 relating to future events or our future performance, such as statements regarding, but are not limited to, anticipated growth opportunities and projections about our business and its future revenues, expenses and profitability. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied in those forward-looking statements. Factors that may affect our results, performance, circumstances or achievements include, but are not limited to, the following: our dependency on three product lines; our dependency on a small number of large customers and small number of suppliers; the highly cyclical and competitive nature of the markets we target and we operate in; our inability to reduce spending during a slowdown in the semiconductor industry; our ability to respond effectively on a timely basis to rapid technological changes; our dependency on PEMs; risks related to exclusivity obligations and non-limited liability that may be included in our commercial agreements and arrangements; our ability to retain our competitive position despite the ongoing consolidation in our industry; risks related to our dependence on our manufacturing facilities; risks related to changes in our order backlog; risks related to efforts to complete and integrate current and/or future acquisitions; risks related to worldwide financial and economic instabilities, including the implications of the ongoing novel coronavirus (COVID-19) pandemic; risks related to our intellectual property; new product offerings from our competitors; unanticipated manufacturing or supply problems; risks related to government programs we participate in; risks related to taxation; changes in customer demand for our products; risks related to currency fluctuations; risks related to technology security threats , including data breaches, cyberattacks and system disruptions, and changes in privacy laws; risks related to acquisitions we may pursue and risks related to our operations in Israel. We cannot guarantee future results, levels of activity, performance or achievements. The matters discussed in this press release also involve risks and uncertainties summarized under the heading «Risk Factors» in Nova’s Annual Report on Form 20-F for the year ended December 31, 2019 filed with the Securities and Exchange Commission on March 12, 2020. These factors are updated from time to time through the filing of reports and registration statements with the Securities and Exchange Commission. Nova Measuring Instruments Ltd. does not assume any obligation to update the forward-looking information contained in this press release.

Company Contact:

Dror David, Chief Financial Officer

Nova Measuring Instruments Ltd.

Tel: +972-73-229-5760

E-mail: info@novami.com

https://www.novami.com/

Investor Relations Contact:

Miri Segal

MS-IR LLC

Tel: +917-607-8654

E-mail: msegal@ms-ir.com

 

Cision View original content:http://www.prnewswire.com/news-releases/nova-to-expand-offices-in-taiwan-with-new-cleanroom-and-training-center-301201806.html

SOURCE Nova

GoGold Drills 2.0m of 928 g/t AgEq at El Favor in Los Ricos North within 15.3m of 174 g/t AgEq

Shares Outstanding: 265,238,134
Trading Symbols: TSX: GGD
OTCQX: GLGDF

HALIFAX, NS, Jan. 6, 2021 /PRNewswire/ – GoGold Resources Inc. (TSX: GGD) (OTCQX: GLGDF) («GoGold», «the Company») is pleased to release additional assay results from the Company’s El Favor deposit on the Los Ricos North property, including 2.0m of 928 g/t silver equivalent («AgEq»), within 15.3m of 174 g/t AgEq, both from…

Shares Outstanding: 265,238,134
Trading Symbols: TSX: GGD
OTCQX: GLGDF

HALIFAX, NS, Jan. 6, 2021 /PRNewswire/ – GoGold Resources Inc. (TSX: GGD) (OTCQX: GLGDF) («GoGold», «the Company») is pleased to release additional assay results from the Company’s El Favor deposit on the Los Ricos North property, including 2.0m of 928 g/t silver equivalent («AgEq»), within 15.3m of 174 g/t AgEq, both from hole LRGF-20-019.

«Results from our first 20 diamond drill holes are demonstrating the El Favor deposit is hosted by a large scale zone of semi-parallel silver and gold bearing structures.  The deposit is open along strike and at depth and may be amenable to bulk mining,» said Brad Langille, President and CEO.  «We believe El Favor will form a significant part of our maiden resource for the Los Ricos North project.  With 10 new targets already identified for diamond drilling in 2021, we see the opportunity to realize great value creation through discovery in the Los Ricos district.»

The El Favor deposit consists of several sub-parallel mineralized vein systems (El Favor, Salomon, Las Guittarrillas, Los Chivos) that occur along a 2km E-W trending, north dipping, structural zone. The junction of veins is highly favorable for bulk tonnage mineralization and all 4 veins merge in the area of the historical Hundido open pit and Salomon underground workings. 

Hole LRGF-20-019 was drilled to test below the Salomon workings and intersected 70.5m of 61 g/t AgEq from 25.5 to 96.0m, consisting of 50 g/t Ag and 0.15 g/t Au in silicified and altered quartz rhyolite units, including a high-grade intercept of 2.9m of 390 g/t AgEq.  The hole also intersected another vein from 112.2 to 127.5m for 15.3m of 174 g/t AgEq, which included a high-grade intercept of 2.0m of 928 g/t AgEq.

Hole LRGF-20-010 intersected 14.8m of 168 g/t AgEq from 36.0 to 50.8m, consisting of 131 g/t Ag and 0.49 g/t Au, including an intercept of 3.2m of 604 g/t AgEq, made up of 452 g/t Ag and 2.03 g/t Au. 

Hole LRGF-20-020 intersected 12.8m of 149 g/t AgEq from 144.8 to 157.6m, consisting of 127 g/t Ag and 0.30 g/t Au, including an intercept of 3.3m of 368 g/t AgEq.  The hole also intersected 2.0m of 254 g/t AgEq from 243.6 to 245.6m.

Detailed intersections are listed in Table 1 with a summary of the previously release drill holes at El Favor included in Table 2.  Drill hole locations are included in Table 3. A drill plan map of El Favor is included as Figure 1 below, along with an isometric view included as Figure 2, and Figure 3 shows an overview of the Los Ricos district.

Figure 1: Plan View – El Favor (CNW Group/GoGold Resources Inc.)

See Table 2 below for details of intersections for previously released drill holes.

Table 1:  Drill Hole Intersections

Hole ID3

Area

From

To

Length1

Au

Ag

AuEq2

AgEq2

(m)

(m)

(m)

(g/t)

(g/t)

(g/t)

(g/t)

LRGF-20-010

El Favor

36.0

50.8

14.8

0.49

130.9

2.24

167.9

including

41.5

44.7

3.2

2.03

451.6

8.05

604.1

LRGF-20-011

El Favor

10.5

16.0

5.5

0.10

53.3

0.81

60.5

including

11.8

12.6

0.9

0.35

197.2

2.98

223.5

LRGF-20-012

El Favor

43.6

67.3

23.7

0.14

31.9

0.56

42.1

and

102.4

118.4

16.0

0.30

101.5

1.65

123.7

including

114.0

117.0

3.0

1.16

383.8

6.28

470.7

LRGF-20-013

El Favor

0.2

6.0

5.8

0.63

204.3

3.36

251.7

and

72.5

102.5

30.0

0.18

70.0

1.11

83.4

including

99.0

101.6

2.6

0.53

396.3

5.81

436.0

and

217.5

219.9

2.3

0.16

146.2

2.11

158.1

LRGF-20-014

El Favor

112.0

114.5

2.5

0.74

152.6

2.78

208.3

LRGF-20-015

El Favor

0.0

31.1

30.2

0.18

63.5

1.03

77.3

including

18.3

27.7

8.6

0.28

145.6

2.23

166.9

LRGF-20-017

El Favor

0.0

3.0

3.0

0.35

71.9

1.31

98.3

and

25.0

30.6

5.6

0.55

286.6

4.37

328.0

including

28.9

30.6

1.7

1.70

834.5

12.83

961.9

LRGF-20-018

El Favor

18.0

19.5

1.5

1.63

341.4

6.18

463.5

LRGF-20-019

El Favor

25.5

96.0

70.5

0.15

49.9

0.82

61.4

including

39.0

48.7

9.7

0.55

198.7

3.20

239.9

including

45.8

48.7

2.9

0.51

351.1

5.20

389.7

and

112.2

127.5

15.3

0.30

151.1

2.31

173.9

including

119.8

121.8

2.0

1.72

798.9

12.37

927.9

LRGF-20-020

El Favor

144.8

157.6

12.8

0.30

126.5

1.99

148.9

including

151.8

155.1

3.3

0.89

301.8

4.91

368.4

and

243.6

245.6

2.0

0.62

207.9

3.39

254.4

1.

 Not true width

2.

 AuEq and AgEq converted using a silver to gold ratio of 75:1

3.

 Holes 20-016 did not intercept significant mineralization

Table 2: Previously Released Drill Holes – El Favor

Hole ID

Area

From

 To

Length1

Au

 Ag

AuEq2

AgEq2

(m)

  (m)

(m)

  (g/t)

 (g/t)

(g/t)

(g/t)

The following drill holes were previously released per GoGold news release #43 dated November 18, 2020:

LRGS-20-001

Salomon

2.6

22.5

19.9

0.18

52.4

0.88

65.9

and

45.0

55.4

10.4

0.18

50.5

0.85

63.8

and

90.0

110.3

20.3

0.18

54.9

0.91

68.6

and

223.5

237.5

14.0

0.24

280.4

3.98

298.2

including

225.8

230.9

5.0

0.51

698.7

9.82

736.6

LRGF-20-001

El Favor

15.0

56.7

41.7

0.36

141.8

2.25

168.4

including

18.7

29.7

11.0

1.12

444.4

7.05

528.6

and

131.3

147

15.7

0.14

48.1

0.79

58.9

LRGF-20-002

El Favor

0.0

18.0

18.0

0.16

64.2

1.01

76.0

and

29.7

71.0

41.3

0.07

16.5

0.29

21.9

including

29.7

36.0

6.3

0.20

40.2

0.74

55.2

LRGF-20-003

El Favor

1.5

34.5

33.0

0.13

68.2

1.04

77.8

including

32.5

34.5

2.0

0.37

186.7

2.86

214.3

LRGF-20-004

El Favor

0.0

15.8

15.8

0.26

73.1

1.23

92.6

including

9.0

14.8

5.8

0.57

151.5

2.59

194.4

and3

23.0

70.5

41.1

0.24

74.6

1.24

92.7

including

34.0

38.1

4.1

1.45

418.9

7.04

527.6

LRGF-20-005

El Favor

22.5

43.5

21.0

0.11

74.4

1.10

82.7

including

22.5

31.5

9.0

0.23

150.1

2.23

167.4

LRGF-20-006

El Favor

41.0

53.0

12.0

0.20

95.9

1.48

110.9

including

44.0

47.4

3.4

0.53

271.4

4.15

311.0

and

70.5

97.5

27.0

0.97

113.0

2.47

185.5

including

76.0

83.3

7.3

3.35

349.6

8.01

601.0

LRGF-20-007

El Favor

0.0

11.0

11.0

0.28

159.7

2.40

180.3

including

3.5

7.0

3.5

0.53

291.5

4.41

330.9

LRGF-20-008

El Favor

0.0

52.1

52.1

0.69

254.5

4.08

306.0

including

15.0

52.1

37.1

0.93

343.0

5.51

413.1

including

26.0

31.0

5.0

5.62

2052.0

32.98

2473.4

including

26.7

30.0

3.3

8.47

3039.5

49.00

3674.7

LRGF-20-009

El Favor

3.0

14.6

11.6

0.43

148.3

2.41

180.5

including

3.0

5.5

2.5

1.22

324.5

5.55

416.0

and

60.0

92.5

32.5

0.32

63.0

1.15

86.6

including

74.5

81.5

7.0

0.64

171.3

2.93

219.6

1.

Not true width

2.

AuEq and AgEq converted using a silver to gold ratio of 75:1

3.

Excludes 6.4m of historically mined voids

Figure 2: El Favor – Isometric View Looking West (CNW Group/GoGold Resources Inc.)

Figure 3: Los Ricos District (CNW Group/GoGold Resources Inc.)

Table 3: Drill Hole Locations  

Hole ID

Easting

Northing

Elevation

Azimuth

Dip

Length

LRGF-20-010

585410

2336646

1258

180

-60

280.5

LRGF-20-011

585380

2336638

1261

180

-45

236.0

LRGF-20-012

585309

2336552

1299

180

-45

241.5

LRGF-20-013

585362

2336546

1303

180

-45

262.5

LRGF-20-014

585576

2336719

1224

180

-45

231.0

LRGF-20-015

585627

2336691

1229

180

-45

199.5

LRGF-20-016

585576

2336719

1224

180

-70

255.0

LRGF-20-017

585627

2336691

1229

180

-70

76.5

LRGF-20-018

585600

2336708

1227

180

-70

202.5

LRGF-20-019

585332

2336571

1292

180

-45

216.0

LRGF-20-020

585279

2336577

1294

180

-45

327.0

VRIFY Slide Deck and 3D Presentation

VRIFY is a platform being used by companies to communicate with investors using 360° virtual tours of remote mining assets, 3D models and interactive presentations. VRIFY can be accessed by website and with the VRIFY iOS and Android apps.

Access the GoGold Company Profile on VRIFY at: https://vrify.com

The VRIFY Slide Deck and 3D Presentation for GoGold can be viewed at: https://vrify.com/explore/decks/9404 and on the Company’s website at: www.gogoldresources.com.

Los Ricos District Exploration Projects
The Company’s two exploration projects at its Los Ricos property are in Jalisco state, Mexico.  The Los Ricos South Project began in March 2019 and includes the ‘Main’ area, which is focused on drilling around a number of historical mines including El Abra, El Troce, San Juan, and Rascadero, as well as the Cerro Colorado, Las Lamas and East Vein targets.  An initial resource on the Los Ricos South project was announced on July 29, 2020 and indicated a Measured & Indicated Mineral Resource of 63.7 million ounces AgEq grading 199 g/t AgEq contained in 10.0 million tonnes, and an Inferred Resource of 19.9 million ounces AgEq grading 190 g/t AgEq contained in 3.3 million tonnes.

The Los Ricos North Project was launched in March 2020 and includes drilling at the El Favor, La Trini, and El Orito targets.

Procedure, Quality Assurance / Quality Control and Data Verification 
The diamond drill core (HQ size) is geologically logged, photographed and marked for sampling. When the sample lengths are determined, the full core is sawn with a diamond blade core saw with one half of the core being bagged and tagged for assay. The remaining half portion is returned to the core trays for storage and/or for metallurgical test work. 

The sealed and tagged sample bags are transported to the ActLabs facility in Zacatecas, Mexico. ActLabs crushes the samples and prepares 200-300 gram pulp samples with ninety percent passing Tyler 150 mesh (106μm). The pulps are assayed for gold using a 50-gram charge by fire assay (Code 1A2-50) and over limits greater than 10 grams per tonne are re-assayed using a gravimetric finish (Code 1A3-50). Silver and multi-element analysis is completed using total digestion (Code 1F2 Total Digestion ICP). Over limits greater than 100 grams per tonne silver are re-assayed using a gravimetric finish (Code 8-Ag FA-GRAV Ag).

Quality assurance and quality control («QA/QC») procedures monitor the chain-of-custody of the samples and includes the systematic insertion and monitoring of appropriate reference materials (certified standards, blanks and duplicates) into the sample strings. The results of the assaying of the QA/QC material included in each batch are tracked to ensure the integrity of the assay data.  All results stated in this announcement have passed GoGold’s QA/QC protocols.

Mr. David Duncan, P. Geo. is the qualified person as defined by National Instrument 43-101 and is responsible for the technical information of this release. 

About GoGold Resources
GoGold Resources (TSX: GGD) is a Canadian-based silver and gold producer focused on operating, developing, exploring and acquiring high quality projects in Mexico.  The Company operates the Parral Tailings mine in the state of Chihuahua and has the Los Ricos South and Los Ricos North exploration projects in the state of Jalisco. Headquartered in Halifax, NS, GoGold is building a portfolio of low cost, high margin projects. For more information visit gogoldresources.com.

CAUTIONARY STATEMENT:
The securities described herein have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the «U.S. Securities Act»), or any state securities laws, and may not be offered or sold within the United States or to, or for the benefit of, U.S. persons (as defined in Regulation S under the U.S. Securities Act) except in compliance with the registration requirements of the U.S. Securities Act and applicable state securities laws or pursuant to exemptions therefrom. This release does not constitute an offer to sell or a solicitation of an offer to buy of any of GoGold’s securities in the United States.

This news release may contain «forward-looking information» as defined in applicable Canadian securities legislation. All statements other than statements of historical fact, included in this release, including, without limitation, statements regarding the Los Ricos South and North projects, and future plans and objectives of GoGold, including the timing for completing and the magnitude of an initial resource estimate at Los Ricos North, constitute forward looking information that involve various risks and uncertainties. Forward-looking information is based on a number of factors and assumptions which have been used to develop such information but which may prove to be incorrect, including, but not limited to, assumptions in connection with the continuance of GoGold and its subsidiaries as a going concern, general economic and market conditions, mineral prices, the accuracy of mineral resource estimates, and the performance of the Parral project. There can be no assurance that such information will prove to be accurate and actual results and future events could differ materially from those anticipated in such forward-looking information.

Important factors that could cause actual results to differ materially from GoGold’s expectations include exploration and development risks associated with GoGold’s projects, the failure to establish estimated mineral resources or mineral reserves, volatility of commodity prices, variations of recovery rates, and global economic conditions. For additional information with respect to risk factors applicable to GoGold, reference should be made to GoGold’s continuous disclosure materials filed from time to time with securities regulators, including, but not limited to, GoGold’s Annual Information Form. The forward-looking information contained in this release is made as of the date of this release.

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/gogold-drills-2-0m-of-928-gt-ageq-at-el-favor-in-los-ricos-north-within-15-3m-of-174-gt-ageq-301201892.html

SOURCE GoGold Resources Inc.

Henry Joshua Nicol’s new book Omnipresent Love (Amor Omnipresente), a bilingual collection of enthralling poems about the need for the world’s return to harmony, faith, and love

WHEAT RIDGE, Colo., Jan. 6, 2021 /PRNewswire-HISPANIC PR WIRE/ — The book Omnipresent Love (Amor Omnipresente) was created by Henry Joshua Nicol. Henry Joshua Nicol is an author who was born in Guatemala City. He left Guatemala for the United States of America and became a United States citizen. He…

WHEAT RIDGE, Colo., Jan. 6, 2021 /PRNewswire-HISPANIC PR WIRE/ — The book Omnipresent Love (Amor Omnipresente) was created by Henry Joshua Nicol. Henry Joshua Nicol is an author who was born in Guatemala City. He left Guatemala for the United States of America and became a United States citizen. He wrote poems in Colorado for Poetry.com and the National Library of Poetry. Presently, he includes his poems in English and Spanish.

Henry Joshua Nicol said this about his book: «I am honored to dedicate my poetry in English and Spanish to the world, especially in these difficult times that we have. I know that my experiences I have had since my early childhood have given me solutions for many of the challenges our world faces today.

I support the protection of the environment since I believe it is our duty to protect what God has given us and not to be destructive to flora and fauna and that wars between humans should be resolved in a peaceful and cordial way.

I also address homelessness, drug abuse, abuse of the elderly, and to prayerfully resolve hateful issues between religions through diplomatic negotiations.

My poetry includes all of the above, presented artistically in my poem «Art Sublime.» I have also shared my poetry in the past with Poetry.com and with the National Library of Poetry and in Guatemala with other poets in Arcón de Poesía and El Pensador.

Today the world needs neither chemical or nuclear warfare nor any warfare but to consciously pray in a mental environment of peace and love and sincerity in the omnipresence of God’s love.»

Published by Page Publishing, Henry Joshua Nicol’s new book Omnipresent Love (Amor Omnipresente) shows the empowering wisdom of love that heals wounds and ushers grace and unity in the world.

Consumers who wish to partake in this book’s awe-inspiring poems that express a yearning for cordiality and peace throughout the world can purchase Omnipresent Love (Amor Omnipresente) in any bookstore or online at Apple iTunes, Amazon.com, Google Play, or Barnes and Noble.

For additional information or inquiries, you can contact Page Publishing, through the following number: 866-315-2708.

About Page Publishing:

Page Publishing is a traditional full-service publishing house that handles all of the intricacies involved in publishing its authors’ books, including distribution in the world’s largest retail outlets and royalty generation. Page Publishing knows that authors need to be free to create, not bogged down with complicated business issues like eBook conversion, establishing wholesale accounts, insurance, shipping, taxes, and the like. Its roster of authors can leave behind these tedious, complex, and time-consuming issues and focus on their passion: writing and creating. Learn more at www.pagepublishing.com.

Photo – https://mma.prnewswire.com/media/1395017/Henry_Nicol.jpg

SOURCE Page Publishing