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Deer Horn Capital Inc. (DHC.CN)

Canadian Sec - Canadian Sec Real Time Price. Currency in CAD
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0.12000.0000 (0.00%)
At close: 3:57PM EST
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Previous Close0.1200
Open0.1300
Bid0.1150 x 0
Ask0.1250 x 0
Day's Range0.1150 - 0.1300
52 Week Range0.0450 - 0.1750
Volume75,320
Avg. Volume74,612
Market Cap3.413M
Beta (5Y Monthly)0.65
PE Ratio (TTM)N/A
EPS (TTM)-0.0390
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
  • Ford Motor Company’s New Membership in IRMA to Support Its $22B Electric Vehicle Commitment
    GlobeNewswire

    Ford Motor Company’s New Membership in IRMA to Support Its $22B Electric Vehicle Commitment

    VANCOUVER, British Columbia, Feb. 19, 2021 (GLOBE NEWSWIRE) -- Deer Horn Capital Inc. (CSE: DHC) (the “Company” or “Deer Horn Capital”), reports that, further to its February 16, 2021 news release regarding staking of mineral claims on Indigenous lands and Deer Horn’s membership with the Initiative for Responsible Mining Assurance (IRMA), Ford Motor Company has become the first American automaker to join IRMA alongside BMW and Mercedes-Benz. IRMA’s world-leading responsible mining standard was formed to meet the global demand for more socially and environmentally responsible mining. In a recent news release, Ford stated that its IRMA membership represented an expansion of the company’s commitment to safeguard human rights, communities where such work is done, and the broader environment. Ford has also committed to lead the electric vehicle and sustainable mobility revolution, nearly doubling to $22 billion what it will invest in developing electric vehicles and creating environmental solutions. Ford stated: “The (IRMA) membership is another step towards the company’s human rights aspiration to responsibly source all raw materials used within vehicles globally – a journey Ford has been taking steps toward for over 20 years.” Ford noted this initiative will increase the company’s reliance on mined material, particularly related to production of electric vehicle batteries. “We’re pleased to see more and more major users of metals joining IRMA,” said Deer Horn President and CEO Tyrone Docherty. “As we expand our exploration reach into Indigenous lands, and also at our Deer Horn gold-silver-tellurium project, working with the free, prior and informed consent of Indigenous peoples, we believe we are setting the standard for responsible exploration in the Province. Having a leading company like Ford support this initiative is validating and encouraging.” To date, Deer Horn Capital is the only junior mining company to gain IRMA membership. “Our exploration focuses on gold, silver, tellurium and copper,” said Docherty. “The NI 43-1010 tellurium resource at our Deer Horn property, along with significant tungsten mineralization, provides other avenues for growth as green technology expands. Tellurium has been listed as a ‘critical metal’ for renewable energy and technology, especially solar energy and next-generation batteries to power electric vehicles. Tungsten is also a critical metal, as it’s vital to a broad spectrum of commercial and defense applications—including the drills we use to explore.” Further information about IRMA is available here. About Deer Horn CapitalDeer Horn Capital’s unique business model is based on leveraging diverse partnerships to generate revenue and value. Working with Indigenous peoples, NGOs, governments and industry, Deer Horn Capital explores for metals in British Columbia and helps indigenous communities grow and thrive through various industrial, social and environmental ventures. Deer Horn Capital proudly adheres to and supports the principles and rights set out in the United Nations Declaration on the Rights of Indigenous Peoples and in particular the fundamental proposition of free, prior and informed consent. Deer Horn Capital has been a vocal advocate of the BC Declaration on the Rights of Indigenous Peoples Act since its introduction and passage in the British Columbia legislature in November 2019. Deer Horn Capital also supports federal Bill C-15, the United Nations Declaration on the Rights of Indigenous Peoples Act. On behalf of the board of directors ofDeer Horn Capital Inc.“Tyrone Docherty” Tyrone DochertyPresident and CEOFor further information please contact:Tyrone Docherty604.789.5653tyrone@deerhorncapital.ca Neither the Canadian Securities Exchange nor its regulations services accept responsibility for the adequacy or accuracy of this release. Forward-looking informationAll statements included in this press release that address activities, events or developments that the Company expects, believes or anticipates will or may occur in the future are forward-looking statements. These forward-looking statements involve numerous assumptions made by the Company based on its experience, perception of historical trends, current conditions, expected future developments and other factors it believes are appropriate in the circumstances. In addition, these statements involve substantial known and unknown risks and uncertainties that contribute to the possibility that the predictions, forecasts, projections and other forward-looking statements will prove inaccurate, certain of which are beyond the Company’s control. Readers should not place undue reliance on forward-looking statements. Except as required by law, the Company does not intend to revise or update these forward-looking statements after the date hereof or revise them to reflect the occurrence of future unanticipated event.

  • Deer Horn Partner Cheona Metals Stakes Mineral Claims with Consent of Indigenous Nation in Northern British Columbia
    GlobeNewswire

    Deer Horn Partner Cheona Metals Stakes Mineral Claims with Consent of Indigenous Nation in Northern British Columbia

    Figure 1 Kaska Nation elder Peter Stone (left) and Cheona Metals founder Allen Edzerza en route to prospecting and staking on the ancestral lands of the Dease River First Nation. Figure 2 Outcrop in area of prospecting and staking. The program was the first of its kind combining Indigenous knowledge and Western science in a 21st century mineral prospecting and exploration program. VANCOUVER, British Columbia, Feb. 17, 2021 (GLOBE NEWSWIRE) -- Deer Horn Capital Inc. (CSE: DHC) (the “Company” or “Deer Horn Capital”), announces that its 51% Indigenous partner Cheona Metals Inc. (“Cheona”) has staked two mineral claims on the ancestral lands of the Dease River First Nation, a Kaska Nation community at Good Hope Lake in northern British Columbia. The claims total 2,403 hectares. “In conformance with the United Nations Declaration on the Rights of Indigenous Peoples (UNDRIP), the claim staking process was performed in two steps,” said Allen Edzerza, Cheona’s founder and Indigenous majority shareholder and an elder of the Tahltan Nation. “The first step was to obtain consent of the Dease River First Nation to access their ancestral lands to carry out a prospecting program. After prospecting, the second step was to again obtain consent of the Dease River First Nation to stake two mineral claims named Dena Ah’tsa and Yeda.” Dena Ah’tse in the Kaska language means “Old Peoples Mountain” and Yeda means “Morning Star.” A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/a3a45734-c598-4975-97c6-6f8a02dab2e6 “I am pleased that Cheona has carried out its prospecting and exploration in manner that is true to UNDRIP,” said Allen Edzerza. “Too many companies have come into Indigenous territories with no notice and no communication. Cheona is doing exploration and mineral staking the way it should be done on Kaska ancestral lands. We see exploration companies pushing the boundaries of the “Golden Triangle” further to the east and to the south. When they come to Kaska Nation territory, they must obtain consent exactly in the manner that Cheona has done.” The prospecting program and claim staking was led by Dr. Lee Groat, professor of geological sciences and mineralogist at the University of British Columbia in Vancouver, Canada. The University of British Columbia is Canada’s premier mineral exploration and mining post-secondary institution and a national leader in recruitment of Indigenous students in the sciences and engineering. The prospecting program was the first of its kind combining Indigenous knowledge and Western science in a 21st century mineral prospecting and exploration program. Mr. Edzerza and Mr. Peter Stone, an elder of the Kaska Nation, identified the lands for staking for Cheona by providing Indigenous knowledge and perspectives. Between the two elders, Mr. Edzerza and Mr. Stone have more than 120 years of experience traversing the region of the two mineral claims. This unique combination of Indigenous knowledge and Western science perspectives formed the foundation of Cheona’s prospecting and staking strategy. A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/9a0b844b-d601-4f80-9ca0-881f53da7332 Cheona is reviewing information, including assays from soil and rock samples collected in 2020 from the claims, as it prepares plans for the 2021 field season. Cheona will seek the consent of the Dease River First Nation prior to applying for a BC Mines Act permit to carry out mechanized activity. COVID-19 is an enormous concern for Indigenous communities. Until northern communities are fully vaccinated, Cheona will limit its exploration work in 2021 to non-mechanized activities, or if requested by the Dease River First Nation due to health concerns, to none at all. “Cheona Metals is a modern example of how mineral exploration on First Nations ancestral lands should, and must, be done in British Columbia and Canada,” said Deer Horn Capital President and CEO Tyrone Docherty. “Responsible, sustainable mineral exploration can only be described as such when consent—and I mean free, prior and informed consent—is obtained from Indigenous peoples who have Aboriginal or Inherent rights and title. This is exactly why Deer Horn is a member of the Initiative for Mining Assurance, or IRMA.” (See: https://responsiblemining.net). “IRMA is the world’s leading mineral exploration and mining standard,” said Deer Horn Capital board chairperson, Tony Fogarassy. “The IRMA standard represents the highest protections for Indigenous peoples, bar none. IRMA members include forward thinking purchasers and end-users of base, precious and so-called “critical” metals. They include Microsoft, BMW, Mercedes-Benz, the Sustainable Purchasing Leadership Council and also mining giants such as Anglo American and AccelorMittal. These global organizations lead by example in their sectors. And I am pleased to say so do Deer Horn Capital and Cheona Metals in the pursuit of truly responsible and truly sustainable mineral exploration.” Cheona Metals is also currently working with RESOLVE, Inc. to restore salmon habitat impacted by mining in British Columbia and Yukon Territory under the Salmon GoldTM label. RESOLVE’s partners include Apple and Tiffany & Co. You can learn more about the Salmon Gold initiative here, and also in RESOLVE’s News Release from August, 2019. About Deer Horn CapitalDeer Horn Capital’s unique business model is based on leveraging diverse partnerships to generate revenue and value. Working with Indigenous peoples, NGOs, governments and industry, Deer Horn Capital explores for metals in British Columbia and helps indigenous communities grow and thrive through various industrial, social and environmental ventures. Deer Horn Capital proudly adheres to and supports the principles and rights set out in the United Nations Declaration on the Rights of Indigenous Peoples and in particular the fundamental proposition of free, prior and informed consent. Deer Horn Capital has been a vocal advocate of the BC Declaration on the Rights of Indigenous Peoples Act since its introduction and passage in the British Columbia legislature in November 2019. Deer Horn Capital also supports federal Bill C-15, the United Nations Declaration on the Rights of Indigenous Peoples Act. On behalf of the board of directors ofDeer Horn Capital Inc.“Tyrone Docherty” Tyrone DochertyPresident and CEOFor further information please contact:Tyrone Docherty604.789.5653tyrone@deerhorncapital.ca Neither the Canadian Securities Exchange nor its regulations services accept responsibility for the adequacy or accuracy of this release. Forward-looking informationAll statements included in this press release that address activities, events or developments that the Company expects, believes or anticipates will or may occur in the future are forward-looking statements. These forward-looking statements involve numerous assumptions made by the Company based on its experience, perception of historical trends, current conditions, expected future developments and other factors it believes are appropriate in the circumstances. In addition, these statements involve substantial known and unknown risks and uncertainties that contribute to the possibility that the predictions, forecasts, projections and other forward-looking statements will prove inaccurate, certain of which are beyond the Company’s control. Readers should not place undue reliance on forward-looking statements. Except as required by law, the Company does not intend to revise or update these forward-looking statements after the date hereof or revise them to reflect the occurrence of future unanticipated event.

  • Deer Horn Announces Plans for 2021 Exploration
    GlobeNewswire

    Deer Horn Announces Plans for 2021 Exploration

    VANCOUVER, British Columbia, Feb. 11, 2021 (GLOBE NEWSWIRE) -- Deer Horn Capital Inc. (CSE: DHC) (the “Company” or “Deer Horn”), has provided an update on plans for exploring its 51.3-square-kilometer Deer Horn property in west-central British Columbia. The Deer Horn property hosts an NI 43-101 resource of high-grade gold, silver and tellurium as well as known zones of copper and tungsten. Exploration to date at Deer Horn has outlined several key mineral zones across a 2.4-kilometer strike length that remain open for expansion in three directions. A 2018 Technical Report and Preliminary Economic Assessment (PEA), calculated on only 20% of the known mineralization, generated positive results for a small-scale, open-pit operation based on prices of $1,300 for gold, $17 for silver and $100 per kg for tellurium. Five-Year Exploration PermitUnderlying much of the proposed work for 2021 is a five-year exploration permit, for which Deer Horn is awaiting provincial approval. The permit will be used for drilling and other exploration to expand the property’s current NI 43-101 resource. Next Phase of Copper ExplorationDeer Horn also plans further exploration of copper mineralization identified in past prospecting west of the gold-silver-tellurium resource. The showings, which were revealed by a receding glacier, are indicative of a buried copper porphyry system. Sampling in this area produced results as high as 4240 ppm Cu and 6.6 g/t Ag, and the limits of the zone remain unknown. Metals for Electric Vehicles and Renewable Energy“With much stronger metals prices, particularly for silver and copper, we’re anxious to get back to work,” said Deer Horn President and CEO Tyrone Docherty. “What excites us most is that the property contains metals increasingly valuable to the renewable energy sector. Silver, tellurium, copper and tungsten are all essential for a number of expanding and critical technologies.” Docherty referenced the recent pledge by General Motors to make most of its vehicles electric by 2035. Electric vehicles currently contain about 180 pounds of copper, while hybrid vehicles contain approximately 85 pounds of copper. “GM is certainly not alone in this massive shift to electric,” said Docherty. “We are in the early stages of a sustained transformation in the auto industry that will see increasing demand for both copper and silver.” According to the Silver Institute, silver automotive demand this year is projected to hit 61 million ounces and increase in coming years. Solar energy, which uses both silver and tellurium, is also on a tear. “In the last decade alone,” said Docherty, “solar power has experienced an average annual growth rate of 49%. With the new U.S. administration vowing to support renewable energy, we believe solar growth is very likely to continue or exceed this pace. These trends put us in a good position strategically as we move forward to identify new resources at the Deer Horn property.” About Deer Horn CapitalDeer Horn Capital’s unique business model is to generate revenue and value through mineral discovery, project development, project generation and cooperative access to untapped mineral regions in Indigenous territory with sustainable exploration. Our polymetallic Deer Horn Project in British Columbia anchors a diversified search for metals, working in alliance with Indigenous peoples, NGOs, governments and leading metals buyers. We believe this is the future of mineral exploration: generating revenue by exploring responsibly and leveraging diverse partnerships. Deer Horn responsibly and ethically explores for metals in British Columbia and Yukon. Deer Horn proudly adheres to and supports the principles and rights set out in the United Nations Declaration on the Rights of Indigenous peoples and in particular the fundamental proposition of free, prior and informed consent. On behalf of the board of directors ofFor further information please contact:Deer Horn Capital Inc. Tyrone Docherty “Tyrone Docherty” 604.789.5653Tyrone Dochertytyrone@deerhorncapital.caPresident and CEO Neither the Canadian Securities Exchange nor its regulations services accept responsibility for the adequacy or accuracy of this release. Forward-looking informationAll statements included in this press release that address activities, events or developments that the Company expects, believes or anticipates will or may occur in the future are forward-looking statements. These forward-looking statements involve numerous assumptions made by the Company based on its experience, perception of historical trends, current conditions, expected future developments and other factors it believes are appropriate in the circumstances. In addition, these statements involve substantial known and unknown risks and uncertainties that contribute to the possibility that the predictions, forecasts, projections and other forward-looking statements will prove inaccurate, certain of which are beyond the Company’s control. Readers should not place undue reliance on forward-looking statements. Except as required by law, the Company does not intend to revise or update these forward-looking statements after the date hereof or revise them to reflect the occurrence of future unanticipated event.