Latest news with #ARIC
The Market Online
29-05-2025
- Business
- The Market Online
Fortuna Mining de-risks junior gold stock with new investment
Fortuna Mining (TSX:FVI), a gold and silver company across multiple emerging markets, invested C$8.25 million at C$0.55 per share into Awalé Resources (TSXV:ARIC), a copper-gold explorer in Côte d'Ivoire, representing a 15-per-cent stake in the company on an undiluted basis Fortuna joins existing high-profile investors Orecap Invest and Newmont Corporation Awalé Resources stock is down by 27.54 per cent year-over-year and 37.50 per cent since 2020 Fortuna Mining (TSX:FVI), a gold and silver company across multiple emerging markets, invested C$8.25 million at C$0.55 per share into Awalé Resources (TSXV:ARIC), a copper-gold explorer in Côte d'Ivoire, representing a 15-per-cent stake in the company on an undiluted basis. Awalé will allocate the proceeds to continued exploration on its 2,346-square-kilometre Odienné project, which management believes to hold the potential for the discovery of West Africa's first major iron-oxide-copper-gold deposit. Fortuna will form a joint technical advisory committee with Awalé, bringing its proven operational expertise in Côte d'Ivoire to the table, and be granted the right to maintain its pro-rata ownership, both privileges contingent on its investment remaining at a minimum of 10 per cent of issued and outstanding shares. According to Thursday's news release, the transaction is expected to close by June 20, 2025, with shares subject to a customary four-month sale restriction. Awalé will issue a news release should existing shareholders Orecap Invest (TSXV:OCI) and Newmont Corporation (TSX:NGT) elect to top up their stakes on the same terms. The latter's 797-square-kilometre Awalé-Newmont Joint Venture within the Odienné project has yielded four gold, gold-copper and gold-copper-silver-molybdenum mineralized systems to date. Leadership insights 'We are extremely pleased to welcome Fortuna Mining as a strategic investor,' Andrew Chubb, Awalé Resources' chief executive officer, said in a statement. 'As an established and successful operator with a strong presence in West Africa and particularly in Côte d'Ivoire, Fortuna's investment is a strong endorsement of our technical team, our exploration approach and our clear vision for the Odienné district. This investment positions the company strategically as we launch intensive exploration on our 100-per-cent-owned ground.' About Awalé Resources Awalé is a mineral exploration company dedicated to discovering large high-grade gold and copper-gold deposits in mining friendly Côte d'Ivoire. Awalé Resources stock (TSXV:ARIC) is up by 16.28 per cent on the news trading at C$0.50 as of 10:17 am ET. The stock is down by 27.54 per cent year-over-year and 37.50 per cent since 2020. Join the discussion: Find out what everybody's saying about this African gold and copper stock on the Awalé Resources Ltd. Bullboard and check out the rest of Stockhouse's stock forums and message boards. The material provided in this article is for information only and should not be treated as investment advice. For full disclaimer information, please click here.
Yahoo
17-04-2025
- Health
- Yahoo
New study reaffirms strong link between hearing loss, dementia in seniors
ST. PAUL, Minn., April 17 (UPI) -- The authors of a detailed analysis of thousands of medical records across four U.S. communities said Thursday they've found further evidence of a strong link between hearing loss and the onset of dementia in older adults. Previous research has determined that seniors with more severe hearing loss also are more likely to have dementia, and that the likelihood of dementia is lower among hearing aid users compared to non-users, although no causal relationship has yet been proven. Now, the first-ever study of the connection, involving large populations of thousands of patients across the country, has further reinforced the connection and is highlighting the importance of continuing to battle hearing loss among the seniors, according to researchers from Johns Hopkins University, New York University and elsewhere. The new study, published in JAMA Otolaryngology-Head & Neck Surgery, examined the medical records of nearly 3,000 people participating in the long-term ARIC, or Atherosclerosis Risk in Communities, study, which began 38 years ago and is ongoing. That landmark effort, led by the National Institutes of Health, mainly seeks to understand the causes of atherosclerosis and heart disease. From 1987 to 2014, it tracked the health outcomes of 400,000 adults ages 35 to 84 living in four U.S. communities -- Forsyth County, N.C., Jackson, Miss., suburban Minneapolis and Washington County, Md. By studying the records of 2,946 participants with a mean age of 75 years who were objectively assessed to have hearing loss, including up to eight years' worth of follow-up information, the authors of the news study estimated that nearly one in three new dementia cases among that population could be "attributed to clinically significant hearing loss." The upshot of the findings is that "interventions for sensory health in late life might be associated with a broad benefit for cognitive health," they concluded, also urging that seniors' hearing be objectively measured by providers in subsequent research rather than accepting the "self-reporting" of patients, who tend to underestimate their own hearing loss. One of the lead authors, doctoral student Jason R. Smith, of the Johns Hopkins Bloomberg School of Public Health in Baltimore, told UPI the analysis has broken new ground on several levels. "To our knowledge, this is the first population-based study of this size and duration -- up to eight years -- to estimate how much dementia at the population level can potentially be linked to age-related hearing loss," he said in emailed comments. "It's important that we also used an objective measure of hearing loss -- previous research tended to use 'self-report,' which is known to underestimate the occurrence of hearing loss in older adults." This new study has strengthened the evidence for a hearing loss-dementia link in another way. The population whose records were analyzed participated in both the ARIC study and another that was focused more closely on the connection: the 2023 Aging and Cognitive Health Evaluation in Elders, or ACHIEVE, study. That effort showed hearing intervention slowed down the loss of thinking and memory abilities among high-risk older adults by 48% over a three-year span. "The population of older adults in our study is the same sub-group of older adults in the randomized ACHIEVE trial that derived benefit from a hearing intervention on reducing cognitive decline," Smith said. "This gives us more confidence that what we're estimating is applicable to the populations we would intend to target for interventions." While the association between hearing loss and dementia is strengthening, it remains a mystery as to why they seem to be linked. There are a few potential explanations for the connection, Smith said. "It could be that hearing loss increases social isolation -- and decreases cognitively enriching activities," he noted. "Hearing loss could also increase the 'strain' on one's brain -- [for example], think of the strain from having persistent difficulty with hearing while simultaneously attempting to do tasks of daily living. Or, hearing loss could directly affect the function or structure of the brain." Conversely, there may not be a "mechanistic" explanation at all, but rather an as-yet unknown common cause of both hearing loss and dementia. Perhaps vascular risk factors such as diabetes, or even just age, are at the root of both, meaning the associations would not actually be causal. "Unfortunately, high quality randomized trials that would give us more confidence in a causal association are limited," Smith said. "Only one randomized trial [ACHIEVE] to date has investigated whether a hearing intervention reduces the rate of cognitive decline, and the interpretation of those findings is challenging."
Yahoo
18-03-2025
- Business
- Yahoo
Awalé Hits 2.0 g/t Gold Eq. over 52 Metres at the BBM Zone, Odienné Project
HIGHLIGHTS Hole OEDD-119 intercepted 52m @ 2.0 grams per tonne ("g/t") gold equivalent ("AuEq.") from 197m, including 15m @ 3.6 g/t Au, 0.52% Cu, and 479ppm Mo from 208m, and 2m @ 9.3 g/t Au, 0.87% Cu, and 1,206ppm Mo from 215m downhole. Hole OEDD-122 intercepted 32m @ 1.2 g/t AuEq. from 59m downhole. Hole OEDD-119 confirms the higher-grade core to mineralization within a 300m wide plunging shoot. Assays pending for 6 remaining holes from the 22-hole, 6,380m, diamond drill program at BBM. Toronto, Ontario--(Newsfile Corp. - March 18, 2025) - Awalé Resources Limited (TSXV: ARIC) ("Awalé" or the "Company") is pleased to report results from seven diamond drill holes completed as part of the expanded drill campaign targeting the BBM zone at the Odienné Project ("Odienné" or the "Project") in Côte d'Ivoire. The drill program, which began in November 2024, is complete with a total of 6,379.9m drilled. The seven drill holes reported are within the east, west, and central parts of the BBM mineralization, where the Company has closed drill spacing to a 100m grid (see drill plans and sections in the link below). Notably, hole OEDD-119 has confirmed the interpreted high-grade mineralization within a 300m wide plunging shoot. Assay results from 6 drill holes of the BBM diamond drill program are still pending. "We are excited to see continued strong results from BBM, reinforcing the robust gold and copper mineralization at this target. The 52m at 2.0 g/t AuEq. intercept in hole OEDD-119 confirms the plunging higher-grade core to mineralization, particularly with the consistently higher-grade zone at the footwall contact. The BBM system remains open down-plunge, and we look forward to additional results from this diamond drilling campaign, as well as from the completed reverse circulation scout drilling, which tested for satellite targets along strike. BBM continues to demonstrate its potential, supported by the intensive exploration efforts launched at the start of the 2024-2025 dry season, which are now delivering tangible results-not only at BBM but also across multiple high-priority targets. By systematically advancing these parallel exploration programs, we are unlocking Odienné's broader potential- where we do not view each of our discoveries individually but as part of a greater camp," commented Andrew Chubb, CEO of Awalé Resources. Link to All Figures Watch CEO Andrew Chubb Discuss the Results A full table of significant intercepts from the current release, with drill collar locations for all drilling in this phase at BBM are presented in Table 1 and Table 2, respectively. Table 1: Significant Intercepts - (from this release) Hole ID From(m) To(m) Width(m) Au(g/t) Cu(%) Ag(g/t) Mo(ppm) AuEq.(g/t) (80%) Comp Trigger(Au g/t) OEDD0112 52 64 12 0.3 0.18 0.8 51 0.5 0.2 and 72 87 15 1.5 0.18 0.9 87 1.5 0.2 including 81 85 4 3.9 0.41 2.0 212 3.7 2 OEDD0113 230 259 29 0.3 0.18 0.7 142 0.5 0.2 OEDD0115 352 354 2 0.6 0.41 1.9 45 1.0 0.5 and 376 404 28 0.4 0.15 0.6 162 0.5 0.2 Including 389 398 9 0.8 0.26 1.1 399 1.0 0.5 OEDD0119 182 183 1 0.6 0.17 0.6 51 0.7 0.5 and 197 249 52 1.8 0.50 2.0 322 2.0 0.2 including 197 201 4 2.4 0.33 1.2 301 2.3 0.5 Including 208 249 41 2.0 0.59 2.4 371 2.2 0.5 Including 197 199 2 4.0 0.51 1.9 595 3.8 2.0 Including 208 223 15 3.6 0.52 1.8 479 3.4 2.0 Including 215 215 2 9.3 0.87 3.3 1206 8.4 5.0 OEDD0122 59 91 32 0.5 0.73 1.1 265 1.2 2.0 and 182 202 20 0.4 0.18 0.5 196 0.5 0.2 including 195 200 5 0.7 0.28 0.8 438 0.9 0.5 OEDD0123 59 76 17 0.4 0.25 0.8 89 0.6 0.2 Including 67 74 7 0.7 0.40 1.3 91 1.0 0.5 OEDD0125 172 191 19 0.5 0.20 0.5 110 0.7 0.2 Including 172 173 1 3.0 0.22 0.5 56 2.6 0.5 About Awalé Resources Awalé is a diligent and systematic mineral exploration company focused on discovering large high-grade gold and copper-gold deposits. Exploration activities are currently underway in the underexplored regions of Côte d'Ivoire, where the Company is exploring the Odienné Copper-Gold Project ("Odienné" or the "Project"), covering 2,489 km2 across seven permits. This includes 796 km2 in two permits held under the Awalé-Newmont Joint Venture ("OJV"). Awalé manages all exploration activities over the OJV, with funding provided by Newmont Joint Ventures Limited ("Newmont"). Awalé has discovered four gold, gold-copper, and gold-copper-silver-molybdenum mineralized systems within the OJV and has recently commenced exploration on its 100%-owned properties following an $11.5 million capital raise in April 2024. The Odienné Project is underexplored and has multiple pipeline prospects with similar geochemical signatures to Iron Oxide Copper Gold (IOCG) and intrusive-related mineral systems with substantial upside potential. The Company benefits from a skilled and well-seasoned technical team that allows it to continue exploring in a pro-mining jurisdiction that offers significant potential for district-scale discoveries. Table 2: BBM Drilling Collar Cable - (all collars from this program) Hole ID Easting Northing RL_M AZIM_TRUE DIP EOH_M Results Received Comments OEDD0103 655899 1048090 450 35 -55 197.43 ✓OEDD0104 655737 1048029 451 35 -55 452.3 ✓OEDD0105 656034 1048010 454 35 -55 182.17 ✓OEDD0106 655947 1047877 453 35 -55 434.3 ✓OEDD0107 656024 1047863 455 35 -55 30.5Failed Hole OEDD0108 656027 1047867 453 35 -55 338.2 ✓OEDD0109 655999 1047787 455 35 -55 411.13 ✓OEDD0110 656075 1047766 457 35 -55 380 ✓OEDD0111 656179 1047907 457 35 -55 155.1 ✓OEDD0112 656248 1047824 461 35 -55 140.2 ✓OEDD0113 656157 1047726 460 44 -56 320.2 ✓OEDD0115 656118 1047645 460 35 -55 431.29 ✓OEDD0119 655870 1048027 448 35 -55 341.6 ✓OEDD0122 655737 1048132 451 35 -55 245.2 ✓OEDD0123 656299 1047755 462 35 -55 140.15 ✓OEDD0125 656253 1047682 462 35 -55 251 ✓OEDD0128 655693 1048160 453 35 -55 275.74 OEDD0129 656211 1047615 448 35 -55 341.15 OEDD0130 655650 1048106 433 35 -55 107.2 OEDD0131 655823 1048362 419 215 -55 360.2 OEDD0132 655566 1048098 424 35 -55 422.2 OEDD0133 655546 1048192 442 35 -55 332.1 OEDD0076 655766 1048079 450 35 -55 344.7690.56m re-entry Quality Control and Assurance Analytical work for geochemistry samples is being carried out at the independent ALS Laboratories in Ghana and Ireland, an ISO 17025 Certified Laboratory. Samples are prepared and stored at the Company's field camps and put into sealed bags until collected by ALS from the Company's secure Odienné office and transported by Intertek to their preparation laboratory in Yamoussoukro, Côte d'Ivoire, for preparation. Samples are logged in the tracking system, weighed, dried, and pulverized to greater than 85%, passing a 75-micron screen. Two pulps are prepared from each sample with one stream to Intertek Ghana for fire assay and a second to Ireland where the sample is analyzed by 52 element ICP/MS with a 4-Acid digest. Blanks, duplicates, and certified reference material (standards) are being used to monitor laboratory performance during the analysis. Mineralized Interval Calculations Significant intervals reported in this news release are calculated as downhole length-weighted intercepts. For the BBM target, initial mineralized zones are calculated at a 0.2 g/t trigger and include up to 3 metres of internal waste for delineating mineralized zones. Included intervals are calculated at 0.5 g/t, 1 g/t, and 2 g/t trigger values, with up to 3 metres of internal waste. Table 1 contains a list of all BBM holes reported in this release. True widths are estimated to be 70% of the downhole widths. Au Equivalent Calculations Au Equivalent is calculated using the following parameters in USD: Au - 1910/Oz (Troy), Cu 3.80/lb, Mo 40,000/Tonne, and Ag 23.40/Oz (Troy). The Formula AuEq = Au (g/t) + ((Cu (ppm) * 0.00014) + (Mo (ppm) * 0.00065) + (Ag (g/t)*0.01225)). An 80% metallurgical recovery is assumed for all metals, as the specific recovery rates for individual metals are unclear, and assuming different recoveries would be premature at this stage. Qualified Person The technical and scientific information contained in this news release has been reviewed and approved for release by Andrew Chubb, the Company's Qualified Person as defined by National Instrument 43-101. Mr. Chubb is the Company's Chief Executive Officer and holds an Economic Geology degree, is a Member of the Australian Institute of Geoscientists (AIG), and is a Member of the Society of Economic Geoscientists (SEG). Mr. Chubb has over 25 years of experience in international mineral exploration and mining project evaluation. Abbreviations Used in this Release Ag Silver Au Gold AuEq. Gold Equivalent Cu Copper g/t Grams per tonne km Kilometres m Metres Mo Molybdenum ppm Parts per million AWALÉ Resources LimitedOn behalf of the Board of Directors "Andrew Chubb"Chief Executive Officer FOR FURTHER INFORMATION, PLEASE CONTACT: Andrew Chubb, CEO(+356) Ardem Keshishian, VP Corporate Development+1 (416) The Company's public documents may be accessed at For further information on the Company, please visit our website at Forward-Looking Information This press release contains forward-looking information within the meaning of Canadian securities laws (collectively "forward-looking statements"). Forward-looking statements are typically identified by words such as: believe, expect, anticipate, intend, estimate, plans, postulate and similar expressions, or are those, which, by their nature, refer to future events. All statements that are not statements of historical fact are forward-looking statements. Forward-looking statements in this press release include but are not limited to statements regarding, the Company's presence in Côte d'Ivoire and ability to achieve results, creation of value for Company shareholders, achievements under the Newmont JV, works on other properties, planned drilling, commencement of operations. Although the Company believes any forward-looking statements in this press release are reasonable, it can give no assurance that the expectations and assumptions in such statements will prove to be correct. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to, changes in the state of equity and debt markets, fluctuations in commodity prices, delays in obtaining required regulatory or governmental approvals, and other risks involved in the mineral exploration and development industry, including those risks set out in the Company's management's discussion and analysis as filed under the Company's profile at Forward-looking information in this news release is based on the opinions and assumptions of management considered reasonable as of the date hereof, including that all necessary governmental and regulatory approvals will be received as and when expected. Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information. The Company disclaims any intention or obligation to update or revise any forward-looking information, other than as required by applicable securities laws. 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. To view the source version of this press release, please visit
Hi Dubai
05-03-2025
- Business
- Hi Dubai
Dubai Future Foundation Partners with ARIC to Boost AI Innovation
Dubai Future Foundation (DFF) has signed a Memorandum of Understanding (MoU) with Artificial Intelligence Centre Hamburg (ARIC), marking the first international partnership for Sandbox Dubai. The collaboration aims to position Dubai as a global hub for AI development by inviting top AI innovators and businesses from Europe to test their technologies in the emirate's regulatory sandbox. ARIC, one of Europe's leading AI centres, brings together experts from business, science, and society to advance AI knowledge. The MoU will facilitate knowledge exchange and connect deep tech innovators and companies from the UAE and Germany. As part of the agreement, DFF will grant access to Sandbox Dubai, a platform launched in 2024 under the Dubai Economic Agenda (D33). The sandbox helps businesses test products in a regulated environment, accelerating the adoption of cutting-edge technologies. Abdulaziz AlJaziri, Deputy CEO and Chief Operations Officer of DFF, signed the agreement with Alois Krtil, CEO of ARIC. AlJaziri emphasized that Sandbox Dubai is designed to strengthen Dubai's regulatory and innovation ecosystem while fostering international collaboration. Krtil highlighted that the partnership will create a platform for innovators, entrepreneurs, and policymakers from both countries to exchange knowledge, participate in joint projects, and adopt best practices in AI implementation. The collaboration is expected to enhance technological advancement and support Dubai's ambition of becoming a leading business hub for pioneering technologies. News Source: Emirates News Agency
Mid East Info
04-03-2025
- Business
- Mid East Info
Sandbox Dubai strikes first global partnership in MoU with AI Center Hamburg - Middle East Business News and Information
Partnership will bring AI innovators and companies from Europe to test frontier technologies in Dubai and foster joint innovation efforts. Dubai,March 2025: Dubai Future Foundation (DFF) signed a Memorandum of Understanding (MoU) with Artificial Intelligence Center Hamburg (ARIC), marking the first collaboration that Sandbox Dubai has entered with a foreign partner. The partnership sees Dubai inviting top AI innovators and businesses from Europe to test their new technologies in the emirate's regulatory sandbox in line with its efforts to become a global hub for AI development. ARIC is one of Europe's leading AI centres, bringing experts from business, science and society together to share knowledge in the field of AI. Under the MoU, DFF and ARIC will exchange knowledge and connect innovators and companies working in deep tech from the UAE and Germany. DFF will provide access to Sandbox Dubai, a platform that helps businesses test their products and services in a regulated environment, aiming to speed up the adoption of new technologies. The sandbox was launched in 2024 under the Dubai Economic Agenda (D33), which aims to double the emirate's economy over the next decade. Abdulaziz AlJaziri, Deputy CEO and Chief Operations Officer of DFF, signed the MoU with Alois Krtil, CEO of ARIC. AlJaziri said: 'Sandbox Dubai is designed to strengthen Dubai's regulatory and innovation ecosystem by identifying emerging opportunities, fostering innovation, and working with government and private sector partners to develop forward-looking regulations that support their operations and future projects.' He added: 'Through this partnership with the Artificial Intelligence Center Hamburg, we aim to introduce Sandbox Dubai to global markets and drive international collaboration in regulatory innovation. Our goal is to support talent and creative entrepreneurs, while encouraging companies to develop and launch new products and services in Dubai – establishing the city as a global business hub where pioneering technologies are developed, tested, and deployed to shape the future.' Krtil commented: 'Through the partnership, we are opening up new cross-border collaboration opportunities for companies and institutions to bring frontier technologies to market. It will provide a platform for innovators, entrepreneurs and policymakers in both countries to share knowledge and experience in implementing AI in sandbox environments. The collaboration will include networking within the innovation ecosystem, joint knowledge and technology transfer projects, and the exchange of best practices through joint learning initiatives. This will create a stronger link between the two leading innovation hubs and promote mutual growth.'
