Harry Barr on Lithium projects and resurgence of interest in Platinum Metals

Harry Barr, Chairman, CEO, and Director of New Age Metals Inc. (TSXV: NAM | OTCQB: PAWEF), in an interview with InvestorIntel’s CEO Tracy Weslosky discuss the company’s place in the precious metals market with respect to PGMs and lithium. At the moment, they have roughly 70.8 tonnes of PGMs with a focus on palladium first and platinum second. With the resurgence of platinum metals, the company has a competitive edge: they’re one of the few producers inside North America. On the lithium side, the company has five projects around Winnipeg, Canada, two of which will soon begin drilling, and two more that will follow suit in the coming months.

Tracy Weslosky: Harry it’s wonderful to see you. I love the new company name, ‘New Age Metals’. Can you tell us, what was the incentive to change the name?

Harry Barr: We have two divisions Tracy and they’re both green energy metals so we thought ‘New Age Metals’ would better describe what we’re doing. One of them is platinum group metals and the other is lithium.

Tracy Weslosky: What I’d love to just share with our audience is Christopher Ecclestone called me recently and said,  “Who is this New Age Metals and why didn’t you tell me about it?”… Let’s talk about PGMs first.

Harry Barr: We have the largest undeveloped deposit of its kind in platinum group metals, in Canada. We have 2.5 million ounces and a new discovery in the northern portion of the property. We’re quite excited about it.

Tracy Weslosky: I was reading a story about you called, “The New Age Dawn of Palladium”. They were talking about how platinum’s back on a tear. Can you tell me how New Age Metals is planning on capitalizing on this?

Harry Barr: Our project is primarily a PGM project. We’re palladium first, platinum second, gold  third and we have some other metals as well. Palladium has done very well. I think it’s one of the best performing precious metals this year. It’s in the high $700 range. Platinum is just over $1,000.  These are metals that are needed for auto catalysts for the car industry and green metals. So from everything I’ve read and everything the analysts are saying, there’s a tremendous demand going forward and probably a limited supply.

Tracy Weslosky: But your competitive advantage for New Age Metals is with your PGMs?

Harry Barr: We’re located in North America. Most PGMs come from South Africa and Russia…to access the full interview, click here

Disclaimer: New Age Metals Inc. is an advertorial member of InvestorIntel




Barr on one of the largest platinum group of metal deposits and the rising bull PGM market

Harry Barr, Chairman, CEO and Director of Pacific North West Capital Corp. (TSXV: PFN | OTCQB: PAWEF), in an interview with InvestorIntel Publisher Tracy Weslosky discuss the recent appointments to the PFN team and an update on the River Valley Project located in the Sudbury region of Northern Ontario, one of Canada’s largest undeveloped primary platinum group metals (“PGM”) deposits. Harry comments on the appointment of veteran PGM Geologist Ron Hieber to their Advisory Board and the appointment of Trevor Richardson as VP of Business Development.

Tracy Weslosky: I truly enjoyed the Luc Duchesne piece about you as a team leader and the impact of leadership and talent involved in running a public company. You just recently announced a new advisory board member and a new VP of Business Development. Can you tell us a little bit more about these two new members?

Harry Barr: Yes. I’m very excited to have both of them on the team. I’ll start with Ron Hieber – when I first met him the company was called Amplats and they became Anglo Platinum. They’re the largest producer in the world. We had a long-term relationship with them in terms of an option joint venture where they spent just about $30 million on our property up in Sudbury. Ron was the head of International Exploration, amongst many other things at the company. He retired (I think it was 2009) and now he is an international PGM consultant, but, again, having spent his whole career at Anglo. We’re quite happy to have them both back on the team because he understands the River Valley Project and just to have his international experience. Now the second gentleman that just came on is our VP of Exploration. We’ve known each other for at least 20 years. His name is Trevor Richardson. He has been an international businessman for a long time. He is a geologist first, graduated from the University at Sudbury, Laurentian and spent most of his career over in Africa and actually is the consultant to this day, 20 years later and does most, if not all of the work for Anglo Platinum and their exploration division. Trevor’s come on as our VP of Business Development.

Tracy Weslosky: Of course, I always talk about how important it is to invest in the jockey — in the leader that can put a team together but let me add: everyone’s bull on PGMs. Of course, Pacific North West Capital was first and foremost a platinum group metals play, can you tell us a little bit more about this?

Harry Barr: Yeah. We’re very fortunate. We made a discovery in 2000 and we had a big company as our partner for the longest time, Anglo Platinum… to access the complete interview, click here

Disclaimer: Pacific North West Capital Corp. is an advertorial member of InvestorIntel.




Pacific North West Capital builds green profile on lithium and platinum metals

July 29, 2016 — Pacific North West Capital Corp. (TSXV: PFN | OTCQB: PAWEF | Frankfurt: PJ7) is a mineral exploration company focused on the discovery, exploration and development of one of Canada’s largest primary platinum group metals (PGM) deposits, the River Valley PGM Project, located in the Sudbury region of Northern Ontario. The company also has a lithium division with five projects, four in Manitoba and one brine project in Nevada. Management’s corporate philosophy is to be a project generator, explorer and project operator, with the objective of option/joint venturing its projects, with major and junior mining companies, through to production.

Pacific North West is planning to change its name to New Age Metals.

In this interview with InvestorIntel Publisher Tracy Weslosky, Pacific North West Capital Chairman and CEO Harry Barr details his company’s strategy and progress to date. He outlines:

  • Plans for the company under its new name and how it will operate with two divisions.
  • The details of its hard rock lithium projects in Manitoba.
  • The advantages of its strategic location in Nevada with planned brine production.
  • The advantage of the proximity of its platinum metals deposit — the largest undeveloped such project in Canada — to the mining complex of Sudbury and its infrastructure.
  • How both lithium and PGMs provide a platform for the company to establish its green credentials.

Disclaimer: Pacific North West Capital Corp. is an advertorial member of InvestorIntel.




From Cannabis to ‘Cannabiz’: the New Wave of Marijuana Entrepreneurship

Several entrepreneurs in North America have jumped on the opportunities to produce cannabis in response to many States and Provinces having legalized marijuana for medical and even recreational use. The new sector has also opened the market for hemp, a very strong natural fiber with a multitude of applications that include food. Nevertheless, the new wave of marijuana entrepreneurship has been lifted by the recognition that this weed can address a variety of medical needs. While, the United States and Canada have not technically approved dried marijuana as a drug in the technical sense, the courts have ruled that Canadians (and Americans in States where it is legal – the list is growing quickly) should have reasonable access to a legal source of marijuana when a doctor gives them permission to use it. This means that it is legal to produce marijuana and that, given the level of demand, there is a new host of marijuana entrepreneurs in the making. Entrepreneurs will need investment and, given marijuana’s potential and its links to health and natural therapy, this is a sector with a huge growth potential.

Since April 1, 2014, Health Canada has permitted individuals or companies to possess, hold production licenses for personal and commercial use (in accordance with the interim injunction from the Federal Court). Investors should be careful about one thing in particular to keep risk in check: the producers must hold a license from Health Canada. What is clear is that in Canada, the industrial cultivation of marijuana (often referred to as cannabis) has finally been approved on April 1. Since then, companies have been rushing to the stock exchanges as investors look for a new promising investment. Canada’s reform to regulate the cultivation of cannabis for therapeutic purposes has already resulted in the Ministry of Health having received about 900 applications from companies and individuals wanting to grow marijuana for medical purposes.

Harry-Barr-CSE-Photo

The GreenRush Financial Conferences held in Vancouver last May and in Toronto last week have served as the main venues to discuss this new market, attracting some of the leading cannabis companies (as well as regulators, medical doctors, agricultural scientists and entrepreneurs) in North America. Perhaps Harry Barr, the founder of GreenRush and the President of NextGen (CSE: N), one of the main companies dedicated to the medicinal cannabis industry —  can educate investors on how to navigate and understand the industry.

For instance…in May, just a month after Canada passed its historic cannabis legislation, Mike Harcourt, a former mayor of Vancouver, became the president of “True Leaf”, a company dedicated to cultivating medicinal marijuana and which is preparing to list its shares in the public markets. Kash Heed is another former Canadian politician – he headed the Police Department in West Vancouver – who offers consulting to companies producing marijuana for therapeutic use. Heed considers that the total legalization of marijuana is needed, and he believes this is possible by combining political experience with citizen desire for legalization. Many former officials, familiar with drug controls, now suggest that over the next five years, Canada will likely legalize marijuana for recreational use as well.

One of the companies in attendance at GreenRush was Grow Pros. Grow Pros, which operates an over 8,000 square feet facility in Gatineau, Quebec; will produce medicinal cannabis for patients as well as provide patents and licenses to third parties. In Quebec, Grow Pros can rely on one of the most socially libertarian governments in all of North America, which is interested in seeing the cannabis sector develop while having access to the lowest energy costs in the world and excellent infrastructure. Until now, only a few companies have been authorized to produce marijuana for patients with a medical prescription; but many more will come as the sector has a potential to grow unlike anything seen since the dot.com days; and this in a country where 40 000 people have applied to use it and where that number could easily grow to some half a million in the next decade. Such is the concern of a ‘bubble’ that Canadian trading exchanges have warned investors. On June 16, the Canadian Financial Markets Authority has urged cannabis investors to exercise “prudence” in the face of “inflated prices”.

In the interest of consumers and investors alike, authorized medical cannabis producers cannabis must comply with a series of standards in order to produce and distribute. In addition, the measure provides patients the opportunity to choose their supplier. Currently, patients who use marijuana for therapeutic use will require a medical written consent. Producers will have to confirm that authorization medical clearance is correct and the patient can get the necessary amount of marijuana for treatment during a specified period. The doctor may also sell, deliver and administer cannabis to patients in addition to allowing them to consume. But it’s not all about cannabis. Indeed, the GreenRush conferences are about educating the investor to the many possibilities of the sector and if marijuana is still not “your thing”, it does not mean you have to stay out of this promising and lucrative new sector.

Harry Barr, the main organizer of the GreenRush conferences, says that the new regulations have also opened up the market for hemp, which is the world’s strongest fiber and which was legalized in Canada in 1998. It remains illegal in the United States, but it has been gathering strong interest around the world, also because of its nutritional and structural qualities; it can feed the hungry and help buildings become stronger at the same time, with water and lime. The NextGen team contends that investors have a general market access to the sector as a whole through CSE: N. NextGen will invest in three to five selected companies over the next few years in different areas of the cannabis business. After the Vancouver and Toronto events, Harry plans to take the Green Rush Financial Conferences to the USA and Europe.