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Exam Code: VCS-255 Practice test 2022 by Killexams.com team
Administration of Veritas Storage Foundation 6.1 for UNIX
Veritas Administration study
Killexams : Veritas Administration study - BingNews https://killexams.com/pass4sure/exam-detail/VCS-255 Search results Killexams : Veritas Administration study - BingNews https://killexams.com/pass4sure/exam-detail/VCS-255 https://killexams.com/exam_list/Veritas Killexams : Project Veritas on hook for Stanford legal tab after defamation ruling

The Hoover Tower rises above Stanford University in this aerial photo in Stanford, California, U.S. on January 13, 2017. REUTERS/Noah Berger

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  • Federal judge dismissed group's lawsuit over academic blog post on elections
  • Project Veritas appealing dismissal to 9th Circuit

(Reuters) - The conservative group Project Veritas was ordered on Thursday to pay Stanford University nearly $150,000 in legal fees after a federal judge dismissed the activist organization's defamation lawsuit against the California school.

U.S. District Judge Thomas Zilly of Seattle federal court awarded Stanford's attorneys at the firms Pillsbury Winthrop Shaw Pittman and Miller Nash the full amount they requested in June following the dismissal of the complaint.

An academic blog post in September 2020 from a Stanford-affiliated nonpartisan coalition called the Election Integrity Partnership was at the heart of Project Veritas' lawsuit.

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The blog post questioned a Project Veritas report about alleged "ballot harvesting" in Minnesota. Zilly's ruling dismissing the lawsuit said "the phrases in the blog post that Project Veritas challenges as defamatory are nonactionable opinions."

A spokesperson for Project Veritas on Friday said "Stanford was handed a dismissal on the basis that it published a report the court deemed non-factual — and now obtained a mandatory award of fees. Words have meaning, and we are appealing."

The group's challenge is pending in the San Francisco-based 9th U.S. Circuit Court of Appeals. Project Veritas opposed Stanford's bid for fees.

Two lawyers for Project Veritas — Joel Ard of Ard Law Group and Libby Locke of Clare Locke — did not immediately respond to a request on Friday seeking comment.

Stanford and a spokesperson from the Election Integrity Partnership did not immediately respond to requests for comment.

Pillsbury partner Sarah Flanagan in San Francisco, and Miller Nash's Brian Esler in Seattle, who represent Stanford, did not immediately respond to requests for comment.

In court filings, Stanford said its bid request for $150,000 was tied to the school's effort to dismiss the case.

"This amount represents just a portion of the roughly $290,000 in total attorneys' fees paid by Stanford in defending this action and the repeated threats of litigation by Project Veritas that preceded it," the university's lawyers told the court.

Flanagan, who regularly bills at $1,290 hourly, charged $891 an hour as a discount, filings in the case show. Pillsbury counsel Lee Brand, whose standard rate is $945 an hour, billed at $718 hourly in the litigation.

Zilly dismissed Project Veritas' lawsuit under the 2021 Washington state law the Uniform Public Expression Protection Act. Stanford's attorneys said the law "broadly protects speech on matters of public concern from meritless civil litigation."

The case is Project Veritas v. Leland Stanford Junior University and University of Washington, U.S. District Court, Western District of Washington, No. 2:21-cv-01326-TSZ.

For Project Veritas: Joel Ard of Ard Law Group and Libby Locke of Clare Locke

For Stanford: Sarah Flanagan of Pillsbury Winthrop Shaw Pittman, and Brian Esler of Miller Nash

Read more:

New York Times is free to publish Project Veritas documents, appeals court rules

Project Veritas hires Washington law firm to lobby over FBI search

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Our Standards: The Thomson Reuters Trust Principles.

Fri, 05 Aug 2022 07:33:00 -0500 Mike Scarcella en text/html https://www.reuters.com/legal/litigation/project-veritas-hook-stanford-legal-tab-after-defamation-ruling-2022-08-05/
Killexams : History: A Search for Relevance in the 21st Century

By Philip Afaha Protocol I bring you warm compliments from the staff and students of the Department of History and Diplomatic Studies, University of Abuja, and I want to thank the organizers of this event for inviting me to this great university.

The Veritas University is truly a bastion of scholarship. Your pedigree is known to history, yours, unlike other fledgling private universities in Nigeria, is grounded on an enviable catholic tradition.

History has it that the colonial authority was not too enthusiastic about education of her Nigerian colonies. Through a series of manipulations involving refusal of financial assistance or denial of approval to open a new school, the colonial administration ensured that education was provided in such a dosage that it would not bring about the end of colonialism.

It was in response to this scenario that the catholic mission, alongside other Christian missions, embarked on establishment of schools to fill the vacuum created by the British colonial policy on education. To historians, when the Veritas Catholic University came on board about a decade ago, there was a strong expectation that it will be a flagship of a non-governmental university in Nigeria.

I ‘am happy to observe that the dream citadel of scholarship in Abuja has been achieved. I want to sincerely congratulate the management, staff and students of this beautiful university for keeping your heads high. The greatest challenge of any history teacher is not teaching history itself but in articulating its relevance. It is in explaining its importance and convincing an audience or students who are struggling to situate themselves in an old story that occurred long before they were born that is the real meat of history as a branch of knowledge.

Thus when I got the invitation from the students historical society of Nigeria of this university to speak on the search for the relevance of history, I was choked with double feelings; the first was the excitement to communicate history as usual, and second feeling was a disturbing inner challenge to convince a young audience to keep learning an old craft. The question as to what makes history relevant in the 21st century is akin to one staring at a mirror and asking himself his own name. When I was a university student, I struggled to come to terms as to why I was offering History as a major. I would have loved to read law, accountancy, engineering or any other courses that promised instant job in the oil companies of the 90s but I was stuck with History.

I entertained queries after queries of “what will you do with History?”. I endured the sarcasms of my friends and relations over my choice of discipline throughout my university days. If you have experience such trauma ever since you arrived at this university, I have good news for you; enduring sarcasms is a first ritual of becoming a historian, and it is that which will provoke the best in you after your studies. By the time I returned from my national service I became one of the few to land a dream job with UACN, then the biggest conglomerate in Africa.

I have landed several other jobs ever since because I posses a rare skill – the skill of a historian. I tell this story because I suspect that the thrust of my presentation, History: A Search For Relevance In The 21st Century, may have been provoked by the kind of inner trauma I called the ritual of becoming a historian. However, when you are able to walk through those psychological bashings, you become mentally toughened to be the best and dominate your intellectual space.

You probe with pride, analyze and exercise command over logic and letters, and you become a respected member of the human society, you become their voice – that`s the audacity of history. A history degree doesn’t narrow your opportunities after graduation. Instead, the history major opens a world of possibilities for your future.

Federal government data show the variety of exciting career paths you can penetrate with your degree in history; currently we have the chief of army staff, the comptroller general of immigration, a Director of the central bank, a deputy inspector general of police, the comptroller of prison services, top diplomats and bureaucrats, prominent legislators, school administrators, and most recently the Director general of NYSC who possess the same history certificates you are here to pursue. I also have numerous of history graduates plying their trade in banks, international organizations, the media, multinational firms and in private businesses. With their hindsight of the past and capacity for critical thinking, historians are making waves all over the world and employers are increasingly searching for those who are trained to understand trends, who can reconstruct thoughts, who can relate current scenario with the past, and who can adequately capture in writing their daily experiences.

The closest illustration of this fact is when you walk in to any bank in Abuja, you observe that majority of the workforce neither read banking nor accounting. A history graduate is far ahead of others both in cognitive ability and analyzing capacity. The very discipline of history and study of history activates the hippocampus – the brain compartment responsible for processing memory and intelligence. Meaning Before we delve into its relevance, I will pretend you have forgotten the definition of history and as expected of every teacher, I will scramble a reminder here. History is the art and science of memory and memory is the wine of human knowledge. It facilitates memory and teaches people to remember, and to think critically.

We believe that history is central to knowledge as nothing is worth knowing if it cannot be remembered. History prides itself as the fulcrum on which basic knowledge evolves., and as the sayings go “History is about everything and everything is about history; “History orientates man, locates him in time and space” it asks questions about things done by man in time and space; it is rational, provides answers based on evidence and links the past with the present and the future. The most common definition of history and perhaps the one loved most by students is E H Carr submission that history is a continuous dialogue between the historian and his facts,… and between the present and the past. Mankind must therefore confront and accept the past in order to create a present and a future for itself.

The centrality of history in practical life cannot be overdramatized, as “All Knowledge is history”. That explains the study of history of everything, including man`s search for God. We cannot completely know God without history; every religion is anchored on history and faith. That is why the Holy Bible begins with Genesis- which is the history of creation and the relationship between God and man. Thus we have History of Religion, History of Science and Technology, Constitutional History; History of Volcanic eruptions and other human disasters; History of ideas, History of Philosophy and, of course, History of History. History is society`s collective memory, but sometimes, as Wole Soyinka puts it while criticizing those who expunged history from Nigerian school curriculum; “history is a burden and that is why most people avoid it”.

To Soyinka, the successive Nigerian leaders would not accommodate the revealing nature of history due to their despicable conducts while in power. He quipped angrily that “those who expunged such a discipline from our school should be expunged from history altogether.”(I disagree with the distinguished laureate here. History doesn’t discriminate). Nevertheless, such angst appear to rhyme with that of American philosopher George Santayana who submitted that “a country without memory is a country of madmen”. I hope, Mr. Vice Chancellor, you are making conscious effort to write down the history of Veritas University. I bet you`ve got a wonderful history to tell. Limitations However, it must be admitted that history has its limitations. It doesn’t offer a utopia for knowledge as some people would believe.

The paramount limitation of history becomes clearer when the very processes of historical reconstruction is appraised. Indeed, the historians’ task is as daunting as a puzzle. Unlike the scientist who can experiment directly with tangible objects, the historian is most times removed from the events under his investigation, and his facts are as contained in surviving records, and a large chunk of events were not recorded at all, and most records are either inaccessible or have been destroyed. Indeed, Gottschalk aptly summarized this lacuna when he remarked; “Only a part of what was observed in the past was remembered by those who observed it; only a part of what was remembered was recorded; only a part of what was recorded has survived; only a part of what has survived has come to the historian`s attention; only a part of what has come to their attention is credible; only a part of what is credible has been grasped; and only a part of what has been grasped can be expounded or narrated by the historian…..Before the past is set forth by the historian, it is likely to have gone through eight separate steps at each of which some of it has been lost; and there is no certain that what remains is the most important, the largest, the most valuable, the most representative, or the most enduring part.” Apart from the above shortcoming, the historian himself is a factor in the equation. Not only is the historian fallible and capable of error, but personal biases, political beliefs, economic status, religious persuasion, and idiosyncrasies can subtly and unconsciously influence the way historical sources are interpreted. Nevertheless, We don’t have to know much history to recognize that truly horrible events occurred in the past; we must therefore assume that there will be more horrors in the future unless we develop ways to prevent them.

Studying past horrors is perhaps the first step towards preventing future recurrences, because we can begin searching for effective means of prevention and mitigation. History offers us much encouragement in thinking that serious efforts to safeguard the future world from nightmares can be very worthwhile even if not a hundred percent effective. If we cannot completely prevent a disaster, perhaps we can deploy our lessons of history to reduce its likelihood and also the pain it causes. History is change, or a study of changes. It is a significant change in the related interconnectedness of the past, present and future. However, change in history is not only in magnitude e.g. wars, depression, and drought, but also in the weight of influence on the future. Thus if we agree that the future is a product of change(s), then it follows that history, the study of changes, is relevant to the 21st century. Relevance Now permit me to tell a little familiar story before I go into the relevance of history in the 21st century.

We enjoy history more when it is cast as stories. One of the fallouts of the 2019 general elections that have caught the nation gasping has been the debate of who a Nigerian citizen is. There are stories of a man from Sudan which has served an excellent comic relief all over the social media. Another, and indeed the ones that has found its way to the elections tribunal is the counter-petitions over Mohammadu Buhari`s school certificate and Atiku Abubakar`s claim to being a Nigerian citizen. The petitions questions the duo`s eligibility to contest for the office of the president as the electoral act stipulates the qualification for such office to include among other extremely simple and laughable things as citizenship by birth and a school testimonial. The twin saga has exposed Nigeria`s fault lines, which, like the incubus, has weighed down the country since the Europeans left. These fault lines manifested in the lost and found drama over Mr. president`s certificate which can be attributed to Nigeria`s poor records and data management on one hand, and the apparent ahistorical disposition of the 1999 constitution on the sensitive question of citizenship.

These fault lines could have been resolved if Nigeria paid attention to history. While history teaches us to safely keep and manage our records for future use, it also teaches us to always factor in the events of the past in maneuvering the present and the future. The current hullaballoo reveals that the writer of the 1999 constitution were ignorant of the 1961 plebiscite in the British Cameroun that automatically conveys on people like Atiku Abubakar Nigerian citizens by birth. It is sad that the highest judges and policy makers in the land are drifting into history amnesia; they have to be reminded of legal precedence by the public. When I was invited to speak on these issues by several media stations I had submitted for the umpteenth time that the nation is in dire need of her history if she is to swim through this murky period of her existence.

As a country we`ve been groping in the dark; we can’t power our homes and industries, we can’t provide water for our basic needs, we can’t construct roads to drive on, we can’t run an airline as a country, we can’t employ our graduates, we can’t count ourselves but depend on others for our population figures, we can’t defend, feed or even rule ourselves.

This list of our shortcomings and weaknesses as a country is overwhelming and we can only get around these issues if we start asking ourselves where we got it wrong, and how we can leverage on history to reclaim our glorious past. This realization puts pressure on the 21st century historians to do beyond research and writing, but to seek how to engage in shaping the present and the future. The days of docility are over. Historians can no longer sit back to reconstruct ancient history but to engage more in a dynamic world.

This mindset, apart from the imperative to make the discipline of history more marketable in the dark era when history was jettisoned by the Nigerian government, was responsible for the change in nomenclature and curriculum in most universities in Nigeria. Thus you have History and international relations in Veritas University, and History and Diplomatic Studies in my University of Abuja. It must be noted that international relations or Diplomacy component are not new strands of history,(they have always been there), but the rebranding was geared to re-emphasize the relevance of the discipline of history to the Nigerian audience and in the international system.

The real world is experiencing torrents of rapidly changing events and historians can no longer afford to think outside or behind the theatre, but within it in order to fully understand the new system that is evolving. A fortnight ago we facilitated the visitation of the President of the UN General Assembly, Maria Fernandez Espinosa to my university. During the interactive session history students distinguished themselves with deep and penetrating questions to the astonishment of the diplomat.

A 300 level history student Brenda Etta, dazed the diplomat by demanding to know any global initiative to rescue the boy child especially in a country like Nigeria where, unlike the girl-child interventions, are most traumatized and degraded as almajiris, child soldiers, school drop-outs and street hawkers. It was admitted by the top diplomat that if not for anything, her observation has deepened the conversation on gender mainstreaming. That visit of the ranking world leader and her interaction with history students is a loud validation of the relevance of history. Ranke and other positivist theorists argue that “the historian needs not only mere standard knowledge of how people do behave in different situation, but also a conception of how they ought to behave”.

Historians, in the 21st century must not only chronicle but are critical of societies in which they live; indeed, they are gadflies, questioning morality and ethical values of the people; they shake and bite them hard in order to electrify them from their moral decadence and slumber. The 21st century historians, especially Nigerian historians must, and always, not only reconstruct but question the status quo for a greater and deeper understanding of existing conditions in order to attain a better tomorrow. For example, G.M. Trevelyan, the historian found that during one practical examination at Oxford University, a candidate was requested to answer just two questions: “What is the Hebrew for the place of skull” and “Who founded the University College?”.

On pronouncing ‘Golgotha’ and ‘King Alfred’, he was declared a graduate of Hebrew and History. This criticism brought to the public domain the charade of exams at Oxford and Cambridge!, it was the strident voice of historians that brought about reforms in Cambridge and Oxford, and today, the two institutions are better off as sanctuaries of knowledge. The 21st century is an increasingly fluid, interconnected, and complex world. Science and technology allows for 24/7 access to information (including histories), constant social interaction, and easily created and shared digital content. It is the century of fast internet and computers, massive data and globalization.

The quantum of data available in the 21st century is overwhelming, and this leaves the craft of history with a herculean challenge of processing and objective interpretation. But how relevant is history and its study in this dynamic century?, the answer is simple; for us to really understand the fast changes we are seeing today and interpret them, we need to establish the interconnectivities between the receding past, the present and the rapidly emerging future. In both science and technology, every new invention or innovation is built on past inventions and theories, new developments are built on old ones, and new super structures are but improvements of the old ones. Apart from leveraging on memory to Improve or upgrade human experiences, History gives us insight into what can happen in the future. It can help us predict outcomes on current events, define our identities, provide us a better understanding of different cultures, understand change, combat ignorance, open doors, and inform our work experiences.

There`s no occupation that doesn’t deploy history for its sophistication. No physician treats without a medical history, no jury passes judgment without a history of a case, no engineer or scientist sets to work without the spur of past theory or experiment, no responsible government (except those in Africa) initiates a policy or programme without first consulting her history or at least rely on the historical experiences of other countries. There`s no gainsaying the fact that most of the clatter and fury of the 21st century could be resolved if humankind listens to its history and if it is deployed to guide the conduct of governance. History is not only relevant in the 21st century; this century can’t survive without history.

Mr Vice Chancellor, staff and distinguished students, I want to conclude by stating the obvious; history is not just the fulcrum, indeed, there is no knowledge without history. Thank you. * Being the full text of a Public Lecture delivered by Dr. Philip Afaha, Head, Department of History and Diplomatic Studies, University of Abuja, at the Multi-Purpose Hall, The Veritas University, Abuja recently

Mon, 01 Aug 2022 12:00:00 -0500 en-US text/html https://www.thisdaylive.com/index.php/2019/06/21/history-a-search-for-relevance-in-the-21st-century/
Killexams : Using autonomous, AI-powered data protection to manage a new era of hybrid working No result found, try new keyword!Veritas believes that the solution is Autonomous Data Management (ADM). With ADM, companies can harness AI and ML to ensure that data protection just happens, invisibly and autonomously. Tue, 02 Aug 2022 22:15:00 -0500 text/html https://www.itp.net/uncategorized/using-autonomous-ai-powered-data-protection-to-manage-a-new-era-of-hybrid-working Killexams : Veritas uses fund for the middle-tier to back radio tech maker

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Aug 04, 2022 (The Expresswire) -- Global Process Safety Management Service Market (2022-2028) Industry Research Report focuses on the global Process Safety Management Service status, future forecast, growth opportunity, key market and key players. Also report gives detailed data about the major factors influencing the growth of the Process Safety Management Service market at the national and local level forecast of the market size, in terms of value, market share by region, and segment, regional market positions, segment and country opportunities for growth, Key company profiles, SWOT, product portfolio and growth strategies. The report aims to provide an additional illustration of the latest scenario, economic slowdown, and COVID-19 impact on the overall industry.

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Process Safety Management Service Market Size and Shares Analysis:
In 2022, the global Process Safety Management Service market size was USD Million and it is expected to reach USD Million by the end of 2028, with a Growing CAGR during 2022-2028.

Global Process Safety Management Service market analysis and market size information is provided by regions (countries). Segment by Application, the Process Safety Management Service market is segmented into United States, Europe, China, Japan, Southeast Asia, India and Rest of World. The report includes region-wise Process Safety Management Service market forecast period from history 2017-2028. It also includes market size and forecast by players, by Type, and by Application segment in terms of sales and revenue for the period 2017-2028

Global Process Safety Management Service Market: Drivers, Trends and Restrains

The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.

Get a demo Copy of the Process Safety Management Service Market Report

The report provides a detailed evaluation of the Process Safety Management Service market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.

A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.

Global Process Safety Management Service Market: Segment Analysis

The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.

List of TOP KEY PLAYERS in Process Safety Management Service Market Report are: -
● Intertek
● Bureau Veritas
● ABS Group
● Antea Group
● Dekra
● ABB
● Rockwell Automation
● TUV SUD
● Smith and Burgess
● Process Engineering Associates

Process Safety Management Service Market Size by Types:
● Consulting Service
● Training
● Certification
● Auditing

Process Safety Management Service Market Size by Applications:
● Automotive
● Chemical
● Electric Power
● Construction
● Other

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Scope of Process Safety Management Service Market

This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, accurate developments in both historic and present contexts.

Regional Segmentation

● North America (USA, Canada, Mexico) ● Europe (Germany, UK, France, Russia, Italy, Rest of Europe) ● Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific) ● South America (Brazil, Argentina, Columbia, Rest of South America) ● Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

Important Features of the reports:

● Potential and niche segments/regions exhibiting promising growth. ● Detailed overview of Market ● Changing market dynamics of the industry ● In-depth market segmentation by Type, Application, etc. ● Historical, current, and projected market size in terms of volume and value ● accurate industry trends and developments ● Competitive landscape of Market ● Strategies of key players and product offerings

Some of the reasons why you should buy this report are as follows:

● To obtain in-depth market assessments and a thorough understanding of the global market and its commercial landscape. ● Examine production methods, key concerns, and solutions to reduce the risk of development. ● Recognize the industry's most important driving and restraining factors, as well as their impact on the global market. ● Learn about the market strategies employed by the industry's leading companies. ● Gaining an understanding of the market's future prospects and potential. ● In addition to standard structural analyses, we may conduct specialised research to meet your specific needs.

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Detailed TOC of Global Process Safety Management Service Market Report

1 Process Safety Management Service Market Overview

1.1 Product Overview and Scope of Process Safety Management Service

1.2 Process Safety Management Service Segment by Type

1.3 Process Safety Management Service Segment by Application

1.4 Global Market Growth Prospects

1.5 Global Market Size by Region

2 Market Competition by Manufacturers

2.1 Global Process Safety Management Service Production Market Share by Manufacturers (2017-2022)

2.2 Global Process Safety Management Service Revenue Market Share by Manufacturers (2017-2022)

2.3 Process Safety Management Service Market Share by Company Type (Tier 1, Tier 2 and Tier 3)

2.4 Global Process Safety Management Service Average Price by Manufacturers (2017-2022)

2.5 Manufacturers Process Safety Management Service Production Sites, Area Served, Product Types

2.6 Process Safety Management Service Market Competitive Situation and Trends

3 Production by Region

3.1 Global Production of Process Safety Management Service Market Share by Region (2017-2022)

3.2 Global Process Safety Management Service Revenue Market Share by Region (2017-2022)

3.3 Global Process Safety Management Service Production, Revenue, Price and Gross Margin (2017-2022)

3.4 North America Process Safety Management Service Production

3.5 Europe Process Safety Management Service Production

3.6 China Process Safety Management Service Production

3.7 Japan Process Safety Management Service Production

4 Global Process Safety Management Service Consumption by Region

4.1 Global Process Safety Management Service Consumption by Region

4.2 North America

4.3 Europe

4.4 Asia Pacific

4.5 Latin America


5 Segment by Type

5.1 Global Process Safety Management Service Production Market Share by Type (2017-2022)

5.2 Global Process Safety Management Service Revenue Market Share by Type (2017-2022)

5.3 Global Process Safety Management Service Price by Type (2017-2022)

6 Segment by Application

6.1 Global Process Safety Management Service Production Market Share by Application (2017-2022)

6.2 Global Process Safety Management Service Revenue Market Share by Application (2017-2022)

6.3 Global Process Safety Management Service Price by Application (2017-2022)

7 Key Companies Profiled

8 Process Safety Management Service Manufacturing Cost Analysis

8.1 Process Safety Management Service Key Raw Materials Analysis

8.2 Proportion of Manufacturing Cost Structure

8.3 Manufacturing Process Analysis of Process Safety Management Service

8.4 Process Safety Management Service Industrial Chain Analysis

9 Marketing Channel, Distributors and Customers

...to be continued

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Makeup Brush Cleaning Tools Market Size and Growth Outlook 2022 Leading Players Analysis, Emerging Trends, Countries Data, Sales Revenue and Share Forecast to 2028

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Killexams : ISO Certification Market Is Going to Boom : Bureau Veritas, Intertek, NQA

This press release was orginally distributed by SBWire

New Jersey, NJ — (SBWIRE) — 07/12/2022 — Global ISO Certification Market Status, Trends Report 2022 is latest research study released by HTF MI evaluating the market risk side analysis, highlighting opportunities and leveraged with strategic and tactical decision-making support. The report provides information on market trends and development, growth drivers, technologies, and the changing investment structure of the Global ISO Certification Market. Some of the key players profiled in the study are Bureau Veritas, DNV GL AS (International Standards Certifications Global FZ), SGS, Lloyd's Register Group Services, Intertek, The British Standards Institution, CERTIFICATION EUROPE, NQA, Lakshy Management Consultant & URS Holdings.

Get free access to demo report @ https://www.htfmarketreport.com/sample-report/4101273-global-iso-certification-market-8

ISO Certification Market Overview:

The study provides comprehensive outlook vital to keep market knowledge up to date segmented by Information Technology, Metallurgy, Retail, Construction, Machinery and Equipment/Transportation, Storage and Communication/Chemical and, Fiber/Aerospace/BPO , , ISO 9001:2015, ISO 27001-2013, ISO 22301: 2012, ISO/IEC 27032: 2012 & ISO 14001: 2015/ISO Lead Auditor Training and 18+ countries across the globe along with insights on emerging & major players. If you want to analyse different companies involved in the ISO Certification industry according to your targeted objective or geography we offer customization according to requirements.

ISO Certification Market: Demand Analysis & Opportunity Outlook 2026

ISO Certification research study defines market size of various segments & countries by historical years and forecast the values for next 6 years. The report is assembled to comprise qualitative and quantitative elements of ISO Certification industry including: market share, market size (value and volume 2017-2021, and forecast to 2027) that admires each country concerned in the competitive marketplace. Further, the study also caters and provides in-depth statistics about the crucial elements of ISO Certification which includes drivers & restraining factors that helps estimate future growth outlook of the market.

The segments and sub-section of ISO Certification market is shown below:

The Study is segmented by following Product/Service Type: , ISO 9001:2015, ISO 27001-2013, ISO 22301: 2012, ISO/IEC 27032: 2012 & ISO 14001: 2015/ISO Lead Auditor Training

Major applications/end-users industry are as follows: Information Technology, Metallurgy, Retail, Construction, Machinery and Equipment/Transportation, Storage and Communication/Chemical and, Fiber/Aerospace/BPO

Some of the key players involved in the Market are: Bureau Veritas, DNV GL AS (International Standards Certifications Global FZ), SGS, Lloyd's Register Group Services, Intertek, The British Standards Institution, CERTIFICATION EUROPE, NQA, Lakshy Management Consultant & URS Holdings

Enquire for customization in Report @ https://www.htfmarketreport.com/enquiry-before-buy/4101273-global-iso-certification-market-8

Important years considered in the ISO Certification study:
Historical year – 2017-2021; Base year – 2021; Forecast period** – 2022 to 2027 [** unless otherwise stated]

If opting for the Global version of ISO Certification Market; then below country analysis would be included:
– North America (USA, Canada and Mexico)
– Europe (Germany, France, the United Kingdom, Netherlands, Italy, Nordic Nations, Spain, Switzerland and Rest of Europe)
– Asia-Pacific (China, Japan, Australia, New Zealand, South Korea, India, Southeast Asia and Rest of APAC)
– South America (Brazil, Argentina, Chile, Colombia, Rest of countries etc.)
– Middle East and Africa (Saudi Arabia, United Arab Emirates, Israel, Egypt, Turkey, Nigeria, South Africa, Rest of MEA)

Buy ISO Certification research report @ https://www.htfmarketreport.com/buy-now?format=1&report=4101273

Key Questions Answered with this Study
1) What makes ISO Certification Market feasible for long term investment?
2) Know value chain areas where players can create value?
3) Teritorry that may see steep rise in CAGR & Y-O-Y growth?
4) What geographic region would have better demand for product/services?
5) What opportunity emerging territory would offer to established and new entrants in ISO Certification market?
6) Risk side analysis connected with service providers?
7) How influencing factors driving the demand of ISO Certification in next few years?
8) What is the impact analysis of various factors in the Global ISO Certification market growth?
9) What strategies of big players help them acquire share in mature market?
10) How Technology and Customer-Centric Innovation is bringing big Change in ISO Certification Market?

Browse Executive Summary and Complete Table of Content @ https://www.htfmarketreport.com/reports/4101273-global-iso-certification-market-8

There are 15 Chapters to display the Global ISO Certification Market
Chapter 1, Overview to describe Definition, Specifications and Classification of Global ISO Certification market, Applications [Information Technology, Metallurgy, Retail, Construction, Machinery and Equipment/Transportation, Storage and Communication/Chemical and, Fiber/Aerospace/BPO ], Market Segment by Types , ISO 9001:2015, ISO 27001-2013, ISO 22301: 2012, ISO/IEC 27032: 2012 & ISO 14001: 2015/ISO Lead Auditor Training;
Chapter 2, objective of the study.
Chapter 3, Research methodology, measures, assumptions and analytical tools
Chapter 4 and 5, Global ISO Certification Market Trend Analysis, Drivers, Challenges by consumer behaviour, Marketing Channels, Value Chain Analysis
Chapter 6 and 7, to show the ISO Certification Market Analysis, segmentation analysis, characteristics;
Chapter 8 and 9, to show Five forces (bargaining Power of buyers/suppliers), Threats to new entrants and market condition;
Chapter 10 and 11, to show analysis by regional segmentation [North America, Europe, Asia-Pacific etc], comparison, leading countries and opportunities; Customer Behaviour
Chapter 12, to identify major decision framework accumulated through Industry experts and strategic decision makers;
Chapter 13 and 14, about competition landscape (classification and Market Ranking)
Chapter 15, deals with Global ISO Certification Market sales channel, research findings and conclusion, appendix and data source.

Thanks for showing interest in ISO Certification Industry Research Publication; you can also get individual chapter wise section or region wise report version like North America, LATAM, United States, GCC, Southeast Asia, Europe, APAC, United Kingdom, India or China etc

About Author:
HTF Market Intelligence consulting is uniquely positioned empower and inspire with research and consulting services to empower businesses with growth strategies, by offering services with extraordinary depth and breadth of thought leadership, research, tools, events and experience that assist in decision making.

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Killexams : BUREAU VERITAS : Bureau Veritas acquires AMSfashion, an expert in sustainability, quality and conformity services for the fashion industry

BUREAU VERITAS

PRESS RELEASE

Neuilly-sur-Seine, France – July 28, 2022

Bureau Veritas acquires AMSfashion, an expert in sustainability, quality and conformity services for the fashion industry

The acquisition strengthens Bureau Veritas’ position as a market leader in sustainability services in Europe

Bureau Veritas, a world leader in testing, inspection and certification, announced the acquisition of AMSfashion. The company is an expert in sustainability, quality and conformity services for the fashion industry, including organic/vegan content verification and durability testing.

AMSfashion, an AMSlab business unit, offers advanced analytical solutions for the textile and footwear sectors, and extensive experience in cosmetics analysis. It supports brands and suppliers of all sizes to verify the quality and conformity of products and materials against customer and regulatory requirements. This contributes to a reduction in claims, penalties, product recalls, customs blockages and shipment delays.
The company employs 50 people and generated revenue of approximately €3 million in 2021.

AMSlab was founded in 2008 and is headquartered in Lugo (Galicia, Spain).

The acquisition strengthens the Group’s presence in Iberia, a key hub for the expansion of its Consumer Products Services business, supporting the continuing growth in near shoring from South Europe and Africa. This also enables Bureau Veritas to support European retailers and brands looking to Improve their supply chain reliability and resilience.

Didier Michaud-Daniel, Chief Executive Officer of Bureau Veritas, commented:

This acquisition perfectly illustrates some of the objectives of our 2025 Strategy to increase scale and growth in attractive and strategic services and geographies. Safety, sustainability and supply chain reliability are now key drivers for the fashion industry. Bureau Veritas, as an independent and expert third party, has an important role to play: by bringing transparency, we help protect our clients’ brands and reputation. AMSfashion’s expertise will enable us to reinforce our position in the growing market for sustainable fashion testing and advisory services, especially in Europe. We are delighted to welcome the AMSfashion team to Bureau Veritas.”

Manuel Lolo, Founder of AMSlab, stated:

As long-term partners of Bureau Veritas, we look forward to expanding our capabilities and client services by leveraging the Group’s extensive geographic footprint and global leadership position with brands and retailers. We are proud of our advanced analytical and sustainable services, which we now share with Bureau Veritas worldwide. Through our combined expertise, we can offer the fashion industry an unparalleled value proposition.”

About Bureau Veritas
Bureau Veritas is a world leader in laboratory testing, inspection and certification services. Created in 1828, the Group has more than 80,000 employees located in nearly 1,600 offices and laboratories around the globe. Bureau Veritas helps its 400,000 clients Improve their performance by offering services and innovative solutions in order to ensure that their assets, products, infrastructure and processes meet standards and regulations in terms of quality, health and safety, environmental protection and social responsibility.
Bureau Veritas is listed on Euronext Paris and belongs to the CAC 40 ESG, CAC Next 20 and SBF 120 indices.
Compartment A, ISIN code FR 0006174348, stock symbol: BVI.
For more information, visit www.bureauveritas.com, and follow us on Twitter (@bureauveritas) and LinkedIn.

Our information is certified with blockchain technology.
Check that this press release is genuine at www.wiztrust.com.

ANALYST/INVESTOR CONTACTS

MEDIA CONTACTS

Laurent Brunelle

Caroline Ponsi Khider

+33 (0)1 55 24 76 09

+33 (0)7 52 60 89 78

laurent.brunelle@bureauveritas.com

caroline.ponsi-khider@bureauveritas.com

Colin Verbrugghe

Primatice

+33 (0)1 55 24 77 80

thomasdeclimens@primatice.com

colin.verbrugghe@bureauveritas.com

armandrigaudy@primatice.com

Attachment

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Killexams : Condor Announces Feasibility Study Level Metallurgical Test Results for La India Open Pit

CONDOR GOLD PLC

LONDON, Aug. 04, 2022 (GLOBE NEWSWIRE) -- Condor Gold (AIM: CNR; TSX: COG) is pleased to announce that it has received the final results of metallurgical tests for a Feasibility Study (FS) being conducted on the La India Open Pit from Bureau Veritas Laboratories in Richmond, British Columbia. The most accurate iteration of testing was focused on variability testing and confirmation of recoveries at the lower grades. The 2022 FS Study (the “FS” or “Feasibility Study”) will bring the level of confidence for the Project to the industry-standard of engineering design, sufficient to support +/- 15% capital and operating cost estimates.

Highlights of Feasibility Study Metallurgical Test Results

  • The confirmatory testwork demonstrated that gold recovery is independent of grade and a fixed gold recovery of 91% assuming a 75 micron grind size will be used in the project economics of the forthcoming Feasibility Study.

  • Gold extraction from the 11 variability composites averaged 92.6% at the 75 micron grind size, which is reduced by 2% to allow for gold being locked up in the processing plant.

  • Gold extraction from the four low grade composites averaged 93.8% at the 75 micron target grind, indicating a gold recovery of 91.8% after a 2% reduction to allow for gold being locked up in the processing plant.

  • At a finer grind size of 53 microns an average gold extraction of 94.7% was achieved, indicating a potential upside gold recovery of about 93%.

  • The selection of the composites by both grade and approximate year of production provides confirmation that the mill recovery will not be materially affected over the life of the La India Mine.

Mark Child, Chairman and Chief Executive of Condor Gold, commented:

“I am delighted that a net metallurgical recovery of 91% will be used in the technical economic models for the forthcoming Feasibility Study on the La India Open pit. Very comprehensive metallurgical test-work has been conducted to the highest standards as a Feasibility Study level is the technical document to which project finance is provided to the Project. 91% metallurgical recovery over the life of mine is a terrific result and represents a significant de-risking of one of the most important variables in the development of a new mine at La India Project and provides significant comfort to investors.

The application of both variability testing and confirmation of low-grade responses is consistent with best practices in the mining industry, while confirming the ability of the processing plant to achieve excellent recoveries down into the lower grade portions of the deposit, in a standard Carbon-in-Pulp cyanidation plant.

The higher gold recovery at 53 micron-grinds suggests an opportunity to recover an additional 2% of the contained gold from the La India material”.

Background

During August of 2021 in preparation for the FS, Condor assembled eleven further variability composites from La India Open Pit, testing high grade, medium grade and low-grade composites as well as composites selected to represent individual phases and production years. Additional composites were selected to test responses of the lower grade ores (below 1.5 g/t Au) to ensure that the recovery parameters previously applied were valid at the lower grade ranges. This work was conducted by Bureau Veritas Laboratories (BV) in Richmond, British Columbia.

Discussion – Leaching Studies

The 2022 studies were conducted as a confirmation and check of earlier leaching test results obtained in December 2021, and to extend Condor’s understanding of the response of the mineralized material at smaller grind sizes and lower grade ranges.

The variability test results are summarized below in Table 1.

Condor notes that the results of the current BV results are consistent with the results from the PFS study in 2014, which indicated a fixed gold recovery of 91%. It is notable that the current design parameters at a 75 micron grind support a total retention time of 48 hours versus the 30-hour retention time nominated in the PFS.

Table 1: Summary of Leach Test Results for 2022 Bureau Veritas – 11 Variability Composites

100 Micron Summary - 11 Variability Composites

 

 

 

 

 

Sample ID

Actual P80 Size

Measured Head*

Calculated Head

48h Extraction

μm

Au (g/t)

Ag (g/t)

Au (g/t)

Ag (g/t)

Au (%)

Ag (%)

High Grade Var Comp

103

5.16

12.67

5.43

14.20

88.74

64.79

Medium Grade Var Comp

99

1.76

9.00

2.29

9.33

87.65

57.11

Low Grade Var Comp

99

0.89

4.00

1.18

3.89

91.72

48.65

Starter Pit North Var Comp

98

1.84

10.33

2.77

10.01

90.32

60.03

Starter Pit South Var Comp

101

2.95

12.67

3.92

13.63

87.30

63.32

Phase 2 - Year 4 Var Comp

98

3.44

10.33

4.85

11.23

92.00

64.38

Phase 2 - Year 5 Var Comp

101

4.32

7.67

4.93

8.29

91.25

63.82

Phase 2 - Year 6 Var Comp

105

5.25

7.00

6.10

7.13

90.58

57.95

Phase 3 - Year 6 Var Comp

102

1.92

5.00

2.25

6.03

90.58

50.22

Phase 3 - Year 7 Var Comp

98

1.90

4.00

2.48

4.27

91.21

53.16

Phase 3 - Year 8 Var Comp

99

2.65

6.00

3.58

5.49

91.73

63.59

 

Average

100

            2.92

          8.06

          3.62

          8.50

        90.28

        58.82

75 Micron Summary - 11 Variability Composites

 

 

 

 

 

Sample ID

Actual P80 Size

Measured Head*

Calculated Head

48h Extraction

μm

Au (g/t)

Ag (g/t)

Au (g/t)

Ag (g/t)

Au (%)

Ag (%)

High Grade Var Comp

75

5.16

12.67

5.35

13.43

92.64

70.21

Medium Grade Var Comp

73

1.76

9.00

2.32

12.87

90.42

45.61

Low Grade Var Comp

74

0.89

4.00

1.11

3.99

93.79

49.82

Starter Pit North Var Comp

73

1.84

10.33

2.84

11.51

94.03

65.25

Starter Pit South Var Comp

73

2.95

12.67

3.83

14.07

89.93

64.47

Phase 2 - Year 4 Var Comp

73

3.44

10.33

4.16

10.79

94.10

62.93

Phase 2 - Year 5 Var Comp

72

4.32

7.67

4.86

8.21

92.37

63.46

Phase 2 - Year 6 Var Comp

72

5.25

7.00

6.13

7.55

92.46

60.26

Phase 3 - Year 6 Var Comp

78

1.92

5.00

2.17

5.30

93.01

62.27

Phase 3 - Year 7 Var Comp

78

1.90

4.00

2.54

4.29

93.07

53.34

Phase 3 - Year 8 Var Comp

77

2.65

6.00

3.70

5.76

93.54

65.29

 

Average

74

            2.94

          8.27

          3.53

          9.20

        92.58

        59.76

53 Micron Summary - 11 Variability Composites

 

 

 

 

 

Sample ID

Actual P80 Size

Measured Head*

Calculated Head

48h Extraction

μm

Au (g/t)

Ag (g/t)

Au (g/t)

Ag (g/t)

Au (%)

Ag (%)

High Grade Var Comp

54

5.16

12.67

5.61

13.11

94.57

77.11

Medium Grade Var Comp

68

1.76

9.00

2.28

7.90

91.63

74.67

Low Grade Var Comp

55

0.89

4.00

1.15

4.13

95.96

51.58

Starter Pit North Var Comp

52

1.84

10.33

3.04

10.99

95.37

72.70

Starter Pit South Var Comp

52

2.95

12.67

3.87

13.82

93.55

71.07

Phase 2 - Year 4 Var Comp

54

3.44

10.33

4.22

10.32

95.62

70.94

Phase 2 - Year 5 Var Comp

54

4.32

7.67

4.60

7.57

95.53

73.60

Phase 2 - Year 6 Var Comp

52

5.25

7.00

6.02

7.61

95.12

60.56

Phase 3 - Year 6 Var Comp

55

1.92

5.00

2.15

5.38

94.83

62.85

Phase 3 - Year 7 Var Comp

54

1.90

4.00

2.64

4.49

95.64

55.43

Phase 3 - Year 8 Var Comp

56

2.65

6.00

3.59

5.84

95.19

65.77

 

Average

55

            3.06

          8.74

          3.66

          8.98

        94.69

        68.34

* Measured Head is determined prior to the leach testing as determined from a split of the initial sample. Calculated head is based on the sum of the assays of both the leach solutions and of the residue. Calculated head is considered the more reliable measure of the contained gold and recovery.

Condor and its consultants also recognized the lack of metallurgical testing at the lower grade ranges, particularly at the break-even and marginal cutoff ranges. While not a significant contributor to overall project economics, the stockpiling of low and even sub-grade material offers the opportunity for capturing additional ounces at the end of mine- life. This recognition initiated the secondary investigation on the low-grade material.

The results of the low-grade investigations are presented in Table 2 below:

Table 2: Low Grade Recovery at 75 micron

Low Grade Composites - 75 micron target grind

 

 

 

 

 

Sample ID

Actual P80 Size

Measured Head*

Calculated Head

48h Extraction

μm

Au (g/t)

Ag (g/t)

Au (g/t)

Ag (g/t)

Au (%)

Ag (%)

Condor 0.5

78

0.48

3.00

0.59

3.10

93.49

35.53

Condor 0.75

82

0.74

3.00

0.86

3.75

94.96

46.66

Condor 1.5

78

1.23

4.67

1.55

4.97

93.08

59.79

Condor 2.0

70

1.81

6.00

2.32

5.65

93.48

64.58

Average response

77

            1.06

          4.17

          1.33

          4.37

        93.75

        51.64

For further information please visit www.condorgold.com or contact:

Condor Gold plc

Mark Child, Chairman and CEO
+44 (0) 20 7493 2784

Beaumont Cornish Limited

Roland Cornish and James Biddle
+44 (0) 20 7628 3396

Numis Securities Limited

John Prior and James Black
+44 (0) 20 7260 1000

BlytheRay

Tim Blythe, and Megan Ray
+44 (0) 20 7138 3204

About Condor Gold plc:

Condor Gold plc was admitted to AIM in May 2006 and dual listed on the TSX in January 2018. The Company is a gold exploration and development company with a focus on Nicaragua.

On 25 October 2021 Condor announced the filing of a Preliminary Economic Assessment Technical Report (“PEA”) for its La India Project, Nicaragua on SEDAR https://www.sedar.com. The highlight of the technical study is a post-tax, post upfront capital expenditure NPV of US$418 million, with an IRR of 54% and 12 month pay-back period, assuming a US$1,700 per oz gold price, with average annual production of 150,000 oz gold per annum for the initial 9 years of gold production. The open pit mine schedules have been optimised from designed pits, bringing higher grade gold forward resulting in average annual production of 157,000 oz gold in the first 2 years from open pit material and underground mining funded out of cashflow.

In August 2018, the Company announced that the Ministry of the Environment in Nicaragua had granted the Environmental Permit (“EP”) for the development, construction and operation of a processing plant with capacity to process up to 2,800 tonnes per day at its wholly-owned La India gold Project (“La India Project”). The EP is considered the master permit for mining operations in Nicaragua. Condor has purchased a new SAG Mill, which has mainly arrived in Nicaragua. Site clearance and preparation is at an advanced stage.

Environmental Permits were granted in April and May 2020 for the Mestiza and America open pits respectively, both located close to La India. The Mestiza open pit hosts 92 Kt at a grade of 12.1 g/t gold (36,000 oz contained gold) in the Indicated Mineral Resource category and 341 Kt at a grade of 7.7 g/t gold (85,000 oz contained gold) in the Inferred Mineral Resource category. The America open pit hosts 114 Kt at a grade of 8.1 g/t gold (30,000 oz) in the Indicated Mineral Resource category and 677 Kt at a grade of 3.1 g/t gold (67,000 oz) in the Inferred Mineral Resource category. Following the permitting of the Mestiza and America open pits, together with the La India Open Pit Condor has 1.12 M oz gold open pit Mineral Resources permitted for extraction.

Disclaimer

Neither the contents of the Company's website nor the contents of any website accessible from hyperlinks on the Company's website (or any other website) is incorporated into, or forms part of, this announcement.

Qualified Persons

The technical review of the SGS metallurgical results has been conducted by Eric Olin, a principal consultant with SRK Consulting (U.S. Inc., who is a registered member of SME and a “qualified person” as defined by NI 43-101. Mr. Olin has over 40 years’ experience in extractive metallurgy including extensive experience with CIP and CIL gold extraction plants. Eric Olin is a full time employee of SRK Consulting (U.S.) Inc., an independent consultancy, and has sufficient experience which is relevant to the style of mineralization and type of deposit under consideration. Eric Olin consents to the inclusion in the announcement of the matters based on their information in the form and context in which is appears and confirms that this information is accurate and not false or misleading.

The technical and scientific information in this press release has been reviewed, Checked and approved by Gerald D. Crawford, P.E. who is a “qualified person” as defined by NI 43-101.

Technical Information

Certain disclosure contained in this news release of a scientific or technical nature has been summarised or extracted from the technical report entitled “Technical Report on the La India Gold Project, Nicaragua, October 2021”, dated October 22, 2021 with an effective date of September 9, 2021 (the “Technical Report”), prepared in accordance with NI 43-101. The Qualified Persons responsible for the Technical Report are Dr Tim Lucks of SRK Consulting (UK) Limited, and Mr Fernando Rodrigues, Mr Stephen Taylor and Mr Ben Parsons of SRK Consulting (U.S.) Inc. Mr Parsons assumes responsibility for the MRE, Mr Rodrigues the open pit mining aspects, Mr Taylor the underground mining aspects and Dr Lucks for the oversight of the remaining technical disciplines and compilation of the report.

Forward Looking Statements

All statements in this press release, other than statements of historical fact, are ‘forward- looking information’ with respect to the Company within the meaning of applicable securities laws, including statements with respect to: the Mineral Resources, Mineral Reserves and future production rates and plans at the La India Project. Forward-looking information is often, but not always, identified by the use of words such as: "seek", "anticipate", "plan", "continue", “strategies”, “estimate”, "expect", "project", "predict", "potential", "targeting", "intends", "believe", "potential", “could”, “might”, “will” and similar expressions. Forward-looking information is not a guarantee of future performance and is based upon a number of estimates and assumptions of management at the date the statements are made including, among others, assumptions regarding: future commodity prices and royalty regimes; availability of skilled labour; timing and amount of capital expenditures; future currency exchange and interest rates; the impact of increasing competition; general conditions in economic and financial markets; availability of drilling and related equipment; effects of regulation by governmental agencies; the receipt of required permits; royalty rates; future tax rates; future operating costs; availability of future sources of funding; ability to obtain financing and assumptions underlying estimates related to adjusted funds from operations. Many assumptions are based on factors and events that are not within the control of the Company and there is no assurance they will prove to be correct.

Such forward-looking information involves known and unknown risks, which may cause the actual results to be materially different from any future results expressed or implied by such forward-looking information, including, risks related to: mineral exploration, development and operating risks; estimation of mineralisation, resources and reserves; environmental, health and safety regulations of the resource industry; competitive conditions; operational risks; liquidity and financing risks; funding risk; exploration costs; uninsurable risks; conflicts of interest; risks of operating in Nicaragua; government policy changes; ownership risks; permitting and licensing risks; artisanal miners and community relations; difficulty in enforcement of judgments; market conditions; stress in the global economy; current global financial condition; exchange rate and currency risks; commodity prices; reliance on key personnel; dilution risk; payment of dividends; as well as those factors discussed under the heading “Risk Factors” in the Company’s annual information form for the fiscal year ended December 31, 2018 dated March 22, 2019, available under the Company’s SEDAR profile at www.sedar.com.

Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise unless required by law.

Technical Glossary

Abrasion Index
The Bond Abrasion Test determines the Abrasion Index, which is used to determine steel media and liner wear in crushers, rod mills, and ball mills. Bond developed correlations based on the wear rate in pounds of metal wear/kWh of energy used in the comminution process. Higher values indicate more abrasive rock.

Calculated Head
Calculated Head is an assay determined following the metallurgical leach testing and is based on the sum of the assays of both the leach solutions and of the residue, and is considered the more reliable measure of the contained gold and recovery (as compared to the Measured Head).

Carbon-in-Pulp (CIP) or Carbon in Leach (CIL)
A metallurgical process for extracting gold by leaching gold from the pulverized host rock with a cyanide solution. Gold is subsequently adsorbed onto activated charcoal for later recovery.

Measured Head
Measured Head is an assay determined prior to the metallurgical leach testing as determined from a split of the initial demo to be subjected to a leach test. It may vary from the calculated head. Calculated head is based on the sum of the assays of both the leach solutions and of the residue, and is considered the more reliable measure of the contained gold and recovery.

Mineral Resource
Mineral Resources are sub-divided, in order of increasing geological confidence, into Inferred, Indicated and Measured categories. An Inferred Mineral Resource has a lower level of confidence than that applied to an Indicated Mineral Resource. An Indicated Mineral Resource has a higher level of confidence than an Inferred Mineral Resource but has a lower level of confidence than a Measured Mineral Resource.

A Mineral Resource is a concentration or occurrence of solid material of economic interest in or on the Earth’s crust in such form, grade or quality and quantity that there are reasonable prospects for eventual economic extraction.

The location, quantity, grade or quality, continuity and other geological characteristics of a Mineral Resource are known, estimated or interpreted from specific geological evidence and knowledge, including sampling.

Material of economic interest refers to diamonds, natural solid inorganic material, or natural solid fossilized organic material including base and precious metals, coal, and industrial minerals.

The term Mineral Resource covers mineralization and natural material of intrinsic economic interest which has been identified and estimated through exploration and sampling and within which Mineral Reserves may subsequently be defined by the consideration and application of Modifying Factors. The phrase ‘reasonable prospects for eventual economic extraction’ implies a judgment by the Qualified Person in respect of the technical and economic factors likely to influence the prospect of economic extraction. The Qualified Person should consider and clearly state the basis for determining that the material has reasonable prospects for eventual economic extraction. Assumptions should include estimates of cutoff grade and geological continuity at the selected cut-off, metallurgical recovery, smelter payments, commodity price or product value, mining and processing method and mining, processing and general and administrative costs. The Qualified Person should state if the assessment is based on any direct evidence and testing.

Interpretation of the word ‘eventual’ in this context may vary depending on the commodity or mineral involved. For example, for some coal, iron, potash deposits and other bulk minerals or commodities, it may be reasonable to envisage ‘eventual economic extraction’ as covering time periods in excess of 50 years. However, for many gold deposits, application of the concept would normally be restricted to perhaps 10 to 15 years, and frequently to much shorter periods of time.

Inferred Mineral Resource
An Inferred Mineral Resource is that part of a Mineral Resource for which quantity and grade or quality are estimated on the basis of limited geological evidence and sampling. Geological evidence is sufficient to imply but not verify geological and grade or quality continuity.

An Inferred Mineral Resource has a lower level of confidence than that applying to an Indicated Mineral Resource and must not be converted to a Mineral Reserve. It is reasonably expected that the majority of Inferred Mineral Resources could be upgraded to Indicated Mineral Resources with continued exploration.

An Inferred Mineral Resource is based on limited information and sampling gathered through appropriate sampling techniques from locations such as outcrops, trenches, pits, workings and drill holes. Inferred Mineral Resources must not be included in the economic analysis, production schedules, or estimated mine life in publicly disclosed Pre- Feasibility or Feasibility Studies, or in the Life of Mine plans and cash flow models of developed mines. Inferred Mineral Resources can only be used in economic studies as provided under NI 43-101.

There may be circumstances, where appropriate sampling, testing, and other measurements are sufficient to demonstrate data integrity, geological and grade/quality continuity of a Measured or Indicated Mineral Resource, however, quality assurance and quality control, or other information may not meet all industry norms for the disclosure of an Indicated or Measured Mineral Resource. Under these circumstances, it may be reasonable for the Qualified Person to report an Inferred Mineral Resource if the Qualified Person has taken steps to verify the information meets the requirements of an Inferred Mineral Resource.

Indicated Mineral Resource
An Indicated Mineral Resource is that part of a Mineral Resource for which quantity, grade or quality, densities, shape and physical characteristics are estimated with sufficient confidence to allow the application of Modifying Factors in sufficient detail to support mine planning and evaluation of the economic viability of the deposit.

Geological evidence is derived from adequately detailed and reliable exploration, sampling and testing and is sufficient to assume geological and grade or quality continuity between points of observation.

An Indicated Mineral Resource has a lower level of confidence than that applying to a Measured Mineral Resource and may only be converted to a Probable Mineral Reserve. Mineralization may be classified as an Indicated Mineral Resource by the Qualified Person when the nature, quality, quantity and distribution of data are such as to allow confident interpretation of the geological framework and to reasonably assume the continuity of mineralization. The Qualified Person must recognize the importance of the Indicated Mineral Resource category to the advancement of the feasibility of the project. An Indicated Mineral Resource estimate is of sufficient quality to support a Pre-Feasibility Study which can serve as the basis for major development decisions.

Mineral Reserve
Mineral Reserves are sub-divided in order of increasing confidence into Probable Mineral Reserves and Proven Mineral Reserves. A Probable Mineral Reserve has a lower level of confidence than a Proven Mineral Reserve.

A Mineral Reserve is the economically mineable part of a Measured and/or Indicated Mineral Resource. It includes diluting materials and allowances for losses, which may occur when the material is mined or extracted and is defined by studies at Pre-Feasibility or Feasibility level as appropriate that include application of Modifying Factors. Such studies demonstrate that, at the time of reporting, extraction could reasonably be justified. The reference point at which Mineral Reserves are defined, usually the point where the ore is delivered to the processing plant, must be stated. It is important that, in all situations where the reference point is different, such as for a saleable product, a clarifying statement is included to ensure that the reader is fully informed as to what is being reported.

The public disclosure of a Mineral Reserve must be demonstrated by a Pre-Feasibility Study or Feasibility Study.

Mineral Reserves are those parts of Mineral Resources which, after the application of all mining factors, result in an estimated tonnage and grade which, in the opinion of the Qualified Person(s) making the estimates, is the basis of an economically viable project after taking account of all relevant Modifying Factors. Mineral Reserves are inclusive of diluting material that will be mined in conjunction with the Mineral Reserves and delivered to the treatment plant or equivalent facility. The term ‘Mineral Reserve’ need not necessarily signify that extraction facilities are in place or operative or that all governmental approvals have been received. It does signify that there are reasonable expectations of such approvals.

‘Reference point’ refers to the mining or process point at which the Qualified Person prepares a Mineral Reserve. For example, most metal deposits disclose mineral reserves with a “mill feed” reference point. In these cases, reserves are reported as mined ore delivered to the plant and do not include reductions attributed to anticipated plant losses. In contrast, coal reserves have traditionally been reported as tonnes of “clean coal”. In this coal example, reserves are reported as a “saleable product” reference point and include reductions for plant yield (recovery). The Qualified Person must clearly state the ‘reference point’ used in the Mineral Reserve estimate.

Master Composite
A testing demo comprised of multiple sub-samples taken from multiple locations within an area of a deposit. This is a common practice when individual samples are of insufficient size for a minimum demo requirement for metallurgical tests. Source sub-samples are selected to represent specific mineralization types or specific areas within a deposit.

Probable Mineral Reserve
A Probable Mineral Reserve is the economically mineable part of an Indicated, and in some circumstances, a Measured Mineral Resource. The confidence in the Modifying Factors applying to a Probable Mineral Reserve is lower than that applying to a Proven Mineral Reserve.

The Qualified Person(s) may elect, to convert Measured Mineral Resources to Probable Mineral Reserves if the confidence in the Modifying Factors is lower than that applied to a Proven Mineral Reserve. Probable Mineral Reserve estimates must be demonstrated to be economic, at the time of reporting, by at least a Pre-Feasibility Study.

Pre-Feasibility Study (Preliminary Feasibility Study)
The CIM Definition Standards requires the completion of a Pre-Feasibility Study as the minimum prerequisite for the conversion of Mineral Resources to Mineral Reserves.

A Pre-Feasibility Study is a comprehensive study of a range of options for the technical and economic viability of a mineral project that has advanced to a stage where a preferred mining method, in the case of underground mining, or the pit configuration, in the case of an open pit, is established and an effective method of mineral processing is determined. It includes a financial analysis based on reasonable assumptions on the Modifying Factors and the evaluation of any other relevant factors which are sufficient for a Qualified Person, acting reasonably, to determine if all or part of the Mineral Resource may be converted to a Mineral Reserve at the time of reporting. A Pre-Feasibility Study is at a lower confidence level than a Feasibility Study.

Relative Density / Specific Gravity

The weight of a given volume of material expressed as a ratio of the density of water. A specific gravity of 2.50 would indicate that a cubic meter of the material would weigh 2.5 metric tonnes.

SAG Mill Work Index – Short for Semi-Autogenous Grinding – (A x b) – The SAG Mill Work Index is a measure of the resistance of material to grinding in a SAG mill.

It can be used to determine the grinding power required for a given throughput of material under SAG mill grinding conditions.. The index has no units. Higher values indicate better performance through a SAG mill.

Wed, 03 Aug 2022 18:11:00 -0500 en-US text/html https://finance.yahoo.com/news/condor-announces-feasibility-study-level-060000687.html
Killexams : Condor Announces Feasibility Study Level Metallurgical Test Results for La India Open Pit

LONDON, Aug. 04, 2022 (GLOBE NEWSWIRE) -- Condor Gold (CNRCOG is pleased to announce that it has received the final results of metallurgical tests for a Feasibility Study (FS) being conducted on the La India Open Pit from Bureau Veritas Laboratories in Richmond, British Columbia. The most accurate iteration of testing was focused on variability testing and confirmation of recoveries at the lower grades. The 2022 FS Study (the "FS" or "Feasibility Study") will bring the level of confidence for the Project to the industry-standard of engineering design, sufficient to support +/- 15% capital and operating cost estimates.

Highlights of Feasibility Study Metallurgical Test Results

  • The confirmatory testwork demonstrated that gold recovery is independent of grade and a fixed gold recovery of 91% assuming a 75 micron grind size will be used in the project economics of the forthcoming Feasibility Study.
  • Gold extraction from the 11 variability composites averaged 92.6% at the 75 micron grind size, which is reduced by 2% to allow for gold being locked up in the processing plant.
  • Gold extraction from the four low grade composites averaged 93.8% at the 75 micron target grind, indicating a gold recovery of 91.8% after a 2% reduction to allow for gold being locked up in the processing plant.
  • At a finer grind size of 53 microns an average gold extraction of 94.7% was achieved, indicating a potential upside gold recovery of about 93%.
  • The selection of the composites by both grade and approximate year of production provides confirmation that the mill recovery will not be materially affected over the life of the La India Mine.

Mark Child, Chairman and Chief Executive of Condor Gold, commented:

"I am delighted that a net metallurgical recovery of 91% will be used in the technical economic models for the forthcoming Feasibility Study on the La India Open pit. Very comprehensive metallurgical test-work has been conducted to the highest standards as a Feasibility Study level is the technical document to which project finance is provided to the Project. 91% metallurgical recovery over the life of mine is a terrific result and represents a significant de-risking of one of the most important variables in the development of a new mine at La India Project and provides significant comfort to investors.

The application of both variability testing and confirmation of low-grade responses is consistent with best practices in the mining industry, while confirming the ability of the processing plant to achieve excellent recoveries down into the lower grade portions of the deposit, in a standard Carbon-in-Pulp cyanidation plant.

The higher gold recovery at 53 micron-grinds suggests an opportunity to recover an additional 2% of the contained gold from the La India material".

Background

During August of 2021 in preparation for the FS, Condor assembled eleven further variability composites from La India Open Pit, testing high grade, medium grade and low-grade composites as well as composites selected to represent individual phases and production years. Additional composites were selected to test responses of the lower grade ores (below 1.5 g/t Au) to ensure that the recovery parameters previously applied were valid at the lower grade ranges. This work was conducted by Bureau Veritas Laboratories (BV) in Richmond, British Columbia.

Discussion – Leaching Studies

The 2022 studies were conducted as a confirmation and check of earlier leaching test results obtained in December 2021, and to extend Condor's understanding of the response of the mineralized material at smaller grind sizes and lower grade ranges.

The variability test results are summarized below in Table 1.

Condor notes that the results of the current BV results are consistent with the results from the PFS study in 2014, which indicated a fixed gold recovery of 91%. It is notable that the current design parameters at a 75 micron grind support a total retention time of 48 hours versus the 30-hour retention time nominated in the PFS.

Table 1: Summary of Leach Test Results for 2022 Bureau Veritas – 11 Variability Composites

100 Micron Summary - 11 Variability Composites          
Sample ID Actual P80 Size Measured Head* Calculated Head 48h Extraction
μm Au (g/t) Ag (g/t) Au (g/t) Ag (g/t) Au (%) Ag (%)
High Grade Var Comp 103 5.16 12.67 5.43 14.20 88.74 64.79
Medium Grade Var Comp 99 1.76 9.00 2.29 9.33 87.65 57.11
Low Grade Var Comp 99 0.89 4.00 1.18 3.89 91.72 48.65
Starter Pit North Var Comp 98 1.84 10.33 2.77 10.01 90.32 60.03
Starter Pit South Var Comp 101 2.95 12.67 3.92 13.63 87.30 63.32
Phase 2 - Year 4 Var Comp 98 3.44 10.33 4.85 11.23 92.00 64.38
Phase 2 - Year 5 Var Comp 101 4.32 7.67 4.93 8.29 91.25 63.82
Phase 2 - Year 6 Var Comp 105 5.25 7.00 6.10 7.13 90.58 57.95
Phase 3 - Year 6 Var Comp 102 1.92 5.00 2.25 6.03 90.58 50.22
Phase 3 - Year 7 Var Comp 98 1.90 4.00 2.48 4.27 91.21 53.16
Phase 3 - Year 8 Var Comp 99 2.65 6.00 3.58 5.49 91.73 63.59
               
Average 100             2.92           8.06           3.62           8.50         90.28         58.82
               
75 Micron Summary - 11 Variability Composites          
Sample ID Actual P80 Size Measured Head* Calculated Head 48h Extraction
μm Au (g/t) Ag (g/t) Au (g/t) Ag (g/t) Au (%) Ag (%)
High Grade Var Comp 75 5.16 12.67 5.35 13.43 92.64 70.21
Medium Grade Var Comp 73 1.76 9.00 2.32 12.87 90.42 45.61
Low Grade Var Comp 74 0.89 4.00 1.11 3.99 93.79 49.82
Starter Pit North Var Comp 73 1.84 10.33 2.84 11.51 94.03 65.25
Starter Pit South Var Comp 73 2.95 12.67 3.83 14.07 89.93 64.47
Phase 2 - Year 4 Var Comp 73 3.44 10.33 4.16 10.79 94.10 62.93
Phase 2 - Year 5 Var Comp 72 4.32 7.67 4.86 8.21 92.37 63.46
Phase 2 - Year 6 Var Comp 72 5.25 7.00 6.13 7.55 92.46 60.26
Phase 3 - Year 6 Var Comp 78 1.92 5.00 2.17 5.30 93.01 62.27
Phase 3 - Year 7 Var Comp 78 1.90 4.00 2.54 4.29 93.07 53.34
Phase 3 - Year 8 Var Comp 77 2.65 6.00 3.70 5.76 93.54 65.29
               
Average 74             2.94           8.27           3.53           9.20         92.58         59.76
               
53 Micron Summary - 11 Variability Composites          
Sample ID Actual P80 Size Measured Head* Calculated Head 48h Extraction
μm Au (g/t) Ag (g/t) Au (g/t) Ag (g/t) Au (%) Ag (%)
High Grade Var Comp 54 5.16 12.67 5.61 13.11 94.57 77.11
Medium Grade Var Comp 68 1.76 9.00 2.28 7.90 91.63 74.67
Low Grade Var Comp 55 0.89 4.00 1.15 4.13 95.96 51.58
Starter Pit North Var Comp 52 1.84 10.33 3.04 10.99 95.37 72.70
Starter Pit South Var Comp 52 2.95 12.67 3.87 13.82 93.55 71.07
Phase 2 - Year 4 Var Comp 54 3.44 10.33 4.22 10.32 95.62 70.94
Phase 2 - Year 5 Var Comp 54 4.32 7.67 4.60 7.57 95.53 73.60
Phase 2 - Year 6 Var Comp 52 5.25 7.00 6.02 7.61 95.12 60.56
Phase 3 - Year 6 Var Comp 55 1.92 5.00 2.15 5.38 94.83 62.85
Phase 3 - Year 7 Var Comp 54 1.90 4.00 2.64 4.49 95.64 55.43
Phase 3 - Year 8 Var Comp 56 2.65 6.00 3.59 5.84 95.19 65.77
               
Average 55             3.06           8.74           3.66           8.98         94.69         68.34

* Measured Head is determined prior to the leach testing as determined from a split of the initial sample. Calculated head is based on the sum of the assays of both the leach solutions and of the residue. Calculated head is considered the more reliable measure of the contained gold and recovery.

Condor and its consultants also recognized the lack of metallurgical testing at the lower grade ranges, particularly at the break-even and marginal cutoff ranges. While not a significant contributor to overall project economics, the stockpiling of low and even sub-grade material offers the opportunity for capturing additional ounces at the end of mine- life. This recognition initiated the secondary investigation on the low-grade material.

The results of the low-grade investigations are presented in Table 2 below:

Table 2: Low Grade Recovery at 75 micron

Low Grade Composites - 75 micron target grind          
Sample ID Actual P80 Size Measured Head* Calculated Head 48h Extraction
μm Au (g/t) Ag (g/t) Au (g/t) Ag (g/t) Au (%) Ag (%)
Condor 0.5 78 0.48 3.00 0.59 3.10 93.49 35.53
Condor 0.75 82 0.74 3.00 0.86 3.75 94.96 46.66
Condor 1.5 78 1.23 4.67 1.55 4.97 93.08 59.79
Condor 2.0 70 1.81 6.00 2.32 5.65 93.48 64.58
Average response 77             1.06           4.17           1.33           4.37         93.75         51.64

For further information please visit www.condorgold.com or contact:

Condor Gold plc Mark Child, Chairman and CEO
+44 (0) 20 7493 2784
   
Beaumont Cornish Limited Roland Cornish and James Biddle
+44 (0) 20 7628 3396
   
Numis Securities Limited John Prior and James Black
+44 (0) 20 7260 1000
   
BlytheRay Tim Blythe, and Megan Ray
+44 (0) 20 7138 3204

About Condor Gold plc:

Condor Gold plc was admitted to AIM in May 2006 and dual listed on the TSX in January 2018. The Company is a gold exploration and development company with a focus on Nicaragua.

On 25 October 2021 Condor announced the filing of a Preliminary Economic Assessment Technical Report ("PEA") for its La India Project, Nicaragua on SEDAR https://www.sedar.com. The highlight of the technical study is a post-tax, post upfront capital expenditure NPV of US$418 million, with an IRR of 54% and 12 month pay-back period, assuming a US$1,700 per oz gold price, with average annual production of 150,000 oz gold per annum for the initial 9 years of gold production. The open pit mine schedules have been optimised from designed pits, bringing higher grade gold forward resulting in average annual production of 157,000 oz gold in the first 2 years from open pit material and underground mining funded out of cashflow.

In August 2018, the Company announced that the Ministry of the Environment in Nicaragua had granted the Environmental Permit ("EP") for the development, construction and operation of a processing plant with capacity to process up to 2,800 tonnes per day at its wholly-owned La India gold Project ("La India Project"). The EP is considered the master permit for mining operations in Nicaragua. Condor has purchased a new SAG Mill, which has mainly arrived in Nicaragua. Site clearance and preparation is at an advanced stage.

Environmental Permits were granted in April and May 2020 for the Mestiza and America open pits respectively, both located close to La India. The Mestiza open pit hosts 92 Kt at a grade of 12.1 g/t gold (36,000 oz contained gold) in the Indicated Mineral Resource category and 341 Kt at a grade of 7.7 g/t gold (85,000 oz contained gold) in the Inferred Mineral Resource category. The America open pit hosts 114 Kt at a grade of 8.1 g/t gold (30,000 oz) in the Indicated Mineral Resource category and 677 Kt at a grade of 3.1 g/t gold (67,000 oz) in the Inferred Mineral Resource category. Following the permitting of the Mestiza and America open pits, together with the La India Open Pit Condor has 1.12 M oz gold open pit Mineral Resources permitted for extraction.

Disclaimer

Neither the contents of the Company's website nor the contents of any website accessible from hyperlinks on the Company's website (or any other website) is incorporated into, or forms part of, this announcement.

Qualified Persons

The technical review of the SGS metallurgical results has been conducted by Eric Olin, a principal consultant with SRK Consulting (U.S. Inc., who is a registered member of SME and a "qualified person" as defined by NI 43-101. Mr. Olin has over 40 years' experience in extractive metallurgy including extensive experience with CIP and CIL gold extraction plants. Eric Olin is a full time employee of SRK Consulting (U.S.) Inc., an independent consultancy, and has sufficient experience which is relevant to the style of mineralization and type of deposit under consideration. Eric Olin consents to the inclusion in the announcement of the matters based on their information in the form and context in which is appears and confirms that this information is accurate and not false or misleading.

The technical and scientific information in this press release has been reviewed, Checked and approved by Gerald D. Crawford, P.E. who is a "qualified person" as defined by NI 43-101.

Technical Information

Certain disclosure contained in this news release of a scientific or technical nature has been summarised or extracted from the technical report entitled "Technical Report on the La India Gold Project, Nicaragua, October 2021", dated October 22, 2021 with an effective date of September 9, 2021 (the "Technical Report"), prepared in accordance with NI 43-101. The Qualified Persons responsible for the Technical Report are Dr Tim Lucks of SRK Consulting (UK) Limited, and Mr Fernando Rodrigues, Mr Stephen Taylor and Mr Ben Parsons of SRK Consulting (U.S.) Inc. Mr Parsons assumes responsibility for the MRE, Mr Rodrigues the open pit mining aspects, Mr Taylor the underground mining aspects and Dr Lucks for the oversight of the remaining technical disciplines and compilation of the report.

Forward Looking Statements

All statements in this press release, other than statements of historical fact, are ‘forward- looking information' with respect to the Company within the meaning of applicable securities laws, including statements with respect to: the Mineral Resources, Mineral Reserves and future production rates and plans at the La India Project. Forward-looking information is often, but not always, identified by the use of words such as: "seek", "anticipate", "plan", "continue", "strategies", "estimate", "expect", "project", "predict", "potential", "targeting", "intends", "believe", "potential", "could", "might", "will" and similar expressions. Forward-looking information is not a guarantee of future performance and is based upon a number of estimates and assumptions of management at the date the statements are made including, among others, assumptions regarding: future commodity prices and royalty regimes; availability of skilled labour; timing and amount of capital expenditures; future currency exchange and interest rates; the impact of increasing competition; general conditions in economic and financial markets; availability of drilling and related equipment; effects of regulation by governmental agencies; the receipt of required permits; royalty rates; future tax rates; future operating costs; availability of future sources of funding; ability to obtain financing and assumptions underlying estimates related to adjusted funds from operations. Many assumptions are based on factors and events that are not within the control of the Company and there is no assurance they will prove to be correct.

Such forward-looking information involves known and unknown risks, which may cause the actual results to be materially different from any future results expressed or implied by such forward-looking information, including, risks related to: mineral exploration, development and operating risks; estimation of mineralisation, resources and reserves; environmental, health and safety regulations of the resource industry; competitive conditions; operational risks; liquidity and financing risks; funding risk; exploration costs; uninsurable risks; conflicts of interest; risks of operating in Nicaragua; government policy changes; ownership risks; permitting and licensing risks; artisanal miners and community relations; difficulty in enforcement of judgments; market conditions; stress in the global economy; current global financial condition; exchange rate and currency risks; commodity prices; reliance on key personnel; dilution risk; payment of dividends; as well as those factors discussed under the heading "Risk Factors" in the Company's annual information form for the fiscal year ended December 31, 2018 dated March 22, 2019, available under the Company's SEDAR profile at www.sedar.com.

Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise unless required by law.

Technical Glossary

Abrasion Index
The Bond Abrasion Test determines the Abrasion Index, which is used to determine steel media and liner wear in crushers, rod mills, and ball mills. Bond developed correlations based on the wear rate in pounds of metal wear/kWh of energy used in the comminution process. Higher values indicate more abrasive rock.

Calculated Head
Calculated Head is an assay determined following the metallurgical leach testing and is based on the sum of the assays of both the leach solutions and of the residue, and is considered the more reliable measure of the contained gold and recovery (as compared to the Measured Head).

Carbon-in-Pulp (CIP) or Carbon in Leach (CIL)
A metallurgical process for extracting gold by leaching gold from the pulverized host rock with a cyanide solution. Gold is subsequently adsorbed onto activated charcoal for later recovery.

Measured Head
Measured Head is an assay determined prior to the metallurgical leach testing as determined from a split of the initial demo to be subjected to a leach test. It may vary from the calculated head. Calculated head is based on the sum of the assays of both the leach solutions and of the residue, and is considered the more reliable measure of the contained gold and recovery.

Mineral Resource
Mineral Resources are sub-divided, in order of increasing geological confidence, into Inferred, Indicated and Measured categories. An Inferred Mineral Resource has a lower level of confidence than that applied to an Indicated Mineral Resource. An Indicated Mineral Resource has a higher level of confidence than an Inferred Mineral Resource but has a lower level of confidence than a Measured Mineral Resource.

A Mineral Resource is a concentration or occurrence of solid material of economic interest in or on the Earth's crust in such form, grade or quality and quantity that there are reasonable prospects for eventual economic extraction.

The location, quantity, grade or quality, continuity and other geological characteristics of a Mineral Resource are known, estimated or interpreted from specific geological evidence and knowledge, including sampling.

Material of economic interest refers to diamonds, natural solid inorganic material, or natural solid fossilized organic material including base and precious metals, coal, and industrial minerals.

The term Mineral Resource covers mineralization and natural material of intrinsic economic interest which has been identified and estimated through exploration and sampling and within which Mineral Reserves may subsequently be defined by the consideration and application of Modifying Factors. The phrase ‘reasonable prospects for eventual economic extraction' implies a judgment by the Qualified Person in respect of the technical and economic factors likely to influence the prospect of economic extraction. The Qualified Person should consider and clearly state the basis for determining that the material has reasonable prospects for eventual economic extraction. Assumptions should include estimates of cutoff grade and geological continuity at the selected cut-off, metallurgical recovery, smelter payments, commodity price or product value, mining and processing method and mining, processing and general and administrative costs. The Qualified Person should state if the assessment is based on any direct evidence and testing.

Interpretation of the word ‘eventual' in this context may vary depending on the commodity or mineral involved. For example, for some coal, iron, potash deposits and other bulk minerals or commodities, it may be reasonable to envisage ‘eventual economic extraction' as covering time periods in excess of 50 years. However, for many gold deposits, application of the concept would normally be restricted to perhaps 10 to 15 years, and frequently to much shorter periods of time.

Inferred Mineral Resource
An Inferred Mineral Resource is that part of a Mineral Resource for which quantity and grade or quality are estimated on the basis of limited geological evidence and sampling. Geological evidence is sufficient to imply but not verify geological and grade or quality continuity.

An Inferred Mineral Resource has a lower level of confidence than that applying to an Indicated Mineral Resource and must not be converted to a Mineral Reserve. It is reasonably expected that the majority of Inferred Mineral Resources could be upgraded to Indicated Mineral Resources with continued exploration.

An Inferred Mineral Resource is based on limited information and sampling gathered through appropriate sampling techniques from locations such as outcrops, trenches, pits, workings and drill holes. Inferred Mineral Resources must not be included in the economic analysis, production schedules, or estimated mine life in publicly disclosed Pre- Feasibility or Feasibility Studies, or in the Life of Mine plans and cash flow models of developed mines. Inferred Mineral Resources can only be used in economic studies as provided under NI 43-101.

There may be circumstances, where appropriate sampling, testing, and other measurements are sufficient to demonstrate data integrity, geological and grade/quality continuity of a Measured or Indicated Mineral Resource, however, quality assurance and quality control, or other information may not meet all industry norms for the disclosure of an Indicated or Measured Mineral Resource. Under these circumstances, it may be reasonable for the Qualified Person to report an Inferred Mineral Resource if the Qualified Person has taken steps to verify the information meets the requirements of an Inferred Mineral Resource.

Indicated Mineral Resource
An Indicated Mineral Resource is that part of a Mineral Resource for which quantity, grade or quality, densities, shape and physical characteristics are estimated with sufficient confidence to allow the application of Modifying Factors in sufficient detail to support mine planning and evaluation of the economic viability of the deposit.

Geological evidence is derived from adequately detailed and reliable exploration, sampling and testing and is sufficient to assume geological and grade or quality continuity between points of observation.

An Indicated Mineral Resource has a lower level of confidence than that applying to a Measured Mineral Resource and may only be converted to a Probable Mineral Reserve. Mineralization may be classified as an Indicated Mineral Resource by the Qualified Person when the nature, quality, quantity and distribution of data are such as to allow confident interpretation of the geological framework and to reasonably assume the continuity of mineralization. The Qualified Person must recognize the importance of the Indicated Mineral Resource category to the advancement of the feasibility of the project. An Indicated Mineral Resource estimate is of sufficient quality to support a Pre-Feasibility Study which can serve as the basis for major development decisions.

Mineral Reserve
Mineral Reserves are sub-divided in order of increasing confidence into Probable Mineral Reserves and Proven Mineral Reserves. A Probable Mineral Reserve has a lower level of confidence than a Proven Mineral Reserve.

A Mineral Reserve is the economically mineable part of a Measured and/or Indicated Mineral Resource. It includes diluting materials and allowances for losses, which may occur when the material is mined or extracted and is defined by studies at Pre-Feasibility or Feasibility level as appropriate that include application of Modifying Factors. Such studies demonstrate that, at the time of reporting, extraction could reasonably be justified. The reference point at which Mineral Reserves are defined, usually the point where the ore is delivered to the processing plant, must be stated. It is important that, in all situations where the reference point is different, such as for a saleable product, a clarifying statement is included to ensure that the reader is fully informed as to what is being reported.

The public disclosure of a Mineral Reserve must be demonstrated by a Pre-Feasibility Study or Feasibility Study.

Mineral Reserves are those parts of Mineral Resources which, after the application of all mining factors, result in an estimated tonnage and grade which, in the opinion of the Qualified Person(s) making the estimates, is the basis of an economically viable project after taking account of all relevant Modifying Factors. Mineral Reserves are inclusive of diluting material that will be mined in conjunction with the Mineral Reserves and delivered to the treatment plant or equivalent facility. The term ‘Mineral Reserve' need not necessarily signify that extraction facilities are in place or operative or that all governmental approvals have been received. It does signify that there are reasonable expectations of such approvals.

‘Reference point' refers to the mining or process point at which the Qualified Person prepares a Mineral Reserve. For example, most metal deposits disclose mineral reserves with a "mill feed" reference point. In these cases, reserves are reported as mined ore delivered to the plant and do not include reductions attributed to anticipated plant losses. In contrast, coal reserves have traditionally been reported as tonnes of "clean coal". In this coal example, reserves are reported as a "saleable product" reference point and include reductions for plant yield (recovery). The Qualified Person must clearly state the ‘reference point' used in the Mineral Reserve estimate.

Master Composite
A testing demo comprised of multiple sub-samples taken from multiple locations within an area of a deposit. This is a common practice when individual samples are of insufficient size for a minimum demo requirement for metallurgical tests. Source sub-samples are selected to represent specific mineralization types or specific areas within a deposit.

Probable Mineral Reserve
A Probable Mineral Reserve is the economically mineable part of an Indicated, and in some circumstances, a Measured Mineral Resource. The confidence in the Modifying Factors applying to a Probable Mineral Reserve is lower than that applying to a Proven Mineral Reserve.

The Qualified Person(s) may elect, to convert Measured Mineral Resources to Probable Mineral Reserves if the confidence in the Modifying Factors is lower than that applied to a Proven Mineral Reserve. Probable Mineral Reserve estimates must be demonstrated to be economic, at the time of reporting, by at least a Pre-Feasibility Study.

Pre-Feasibility Study (Preliminary Feasibility Study)
The CIM Definition Standards requires the completion of a Pre-Feasibility Study as the minimum prerequisite for the conversion of Mineral Resources to Mineral Reserves.

A Pre-Feasibility Study is a comprehensive study of a range of options for the technical and economic viability of a mineral project that has advanced to a stage where a preferred mining method, in the case of underground mining, or the pit configuration, in the case of an open pit, is established and an effective method of mineral processing is determined. It includes a financial analysis based on reasonable assumptions on the Modifying Factors and the evaluation of any other relevant factors which are sufficient for a Qualified Person, acting reasonably, to determine if all or part of the Mineral Resource may be converted to a Mineral Reserve at the time of reporting. A Pre-Feasibility Study is at a lower confidence level than a Feasibility Study.

Relative Density / Specific Gravity

The weight of a given volume of material expressed as a ratio of the density of water. A specific gravity of 2.50 would indicate that a cubic meter of the material would weigh 2.5 metric tonnes.

SAG Mill Work Index – Short for Semi-Autogenous Grinding – (A x b) – The SAG Mill Work Index is a measure of the resistance of material to grinding in a SAG mill.

It can be used to determine the grinding power required for a given throughput of material under SAG mill grinding conditions.. The index has no units. Higher values indicate better performance through a SAG mill.


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