Equinox Gold Announces Positive Drill Results from Piaba Underground and Genipapo Targets at Aurizona

PR Newswire

VANCOUVER, BC, Jan. 18, 2021 /PRNewswire/ – Equinox Gold Corp. (TSX: EQX) (NYSE American: EQX) (“Equinox Gold” or the “Company”) is pleased to announce positive drill results from the Piaba Underground target (“Piaba UG”) and the Genipapo target (“Genipapo”) at the Company’s 100%-owned Aurizona Gold Mine (“Aurizona”) in Brazil.

“The 2020 Piaba underground drill program delivered exceptional results, with 96% of the holes intersecting significant gold mineralization. Drilling extended over 3 km of strike of the currently 4 km-long Piaba deposit and tested depths up to 1 km below surface,” said Scott Heffernan, EVP Exploration for Equinox Gold. “These results further strengthen the Company’s conviction that the Piaba underground deposit presents a substantial opportunity to both extend the mine life and increase annual production at Aurizona. Drilling at the Genipapo target also continues to demonstrate the potential to define open-pit, near-surface saprolite resources that could further extend the Aurizona mine life.

“The Company has planned a $7.3 million exploration program for 2021 at Aurizona, including 49,000 metres of drilling, with the objective of further expanding the Piaba resource and advancing the numerous high-priority, high-potential near-mine and regional targets in the Aurizona district. In addition, a prefeasibility study is underway to assess the potential to operate an underground mine concurrent with the existing open-pit mine, with completion of the study targeted for late 2021.”

Piaba Drill Highlights


1


 (Figure 1)

  • 5.56 grams per tonne gold (“g/t Au”) over 24.0 metres (“m”) including 9.85 g/t Au over 11.0 m in D696
  • 96.8 g/t Au over 1.0 m in D698
  • 4.18 g/t Au over 11.0 m and 6.15 g/t Au over 11.0 m including 55.3 g/t Au over 1.0 m in D708
  • 2.58 g/t Au over 19.2 m in D713
  • 8.24 g/t Au over 6.0 m and 3.43 g/t Au over 15.0 m in D722
  • 3.62 g/t Au over 9.0 m and 4.42 g/t Au over 11.0 m in D730
  • 4.35 g/t Au over 37.0 m including 7.16 g/t Au over 10.0 m in D737
  • 9.10 g/t Au over 6.0 m in D742

Genipapo Drill Highlights1(Figure 3)

  • 1.43 g/t Au over 25.0 m and 1.41 g/t Au over 90.0 m including 11.0 g/t Au over 4.0 m in P630
  • 3.15 g/t Au over 19.0 m including 6.22 g/t Au over 9.0 m in P631
  • 1.10 g/t Au over 20.0 m in P638
  • 1.63 g/t Au over 17.0 m in P650
  • 17.7 g/t Au over 5.0 m in P662

For a complete table of Piaba UG drill results, click here
For a complete table of Genipapo drill results, click here

___________________________


1 Core lengths not corrected to true widths; assays are not capped.

Piaba Underground Deposit

A total of 23,916 m in 52 holes (Figure 1) were drilled in 2020 to increase confidence in the continuity of mineralization, expand the underground mineral resources and upgrade the classification of the resources from Inferred to Indicated to support completion of the prefeasibility study. Every hole intersected gold mineralization and 47 of the 49 holes, for which assays have been received thus far, intersected significant gold mineralization. The 2020 drill program tested the deposit to depths of 1,000 m below surface and results to date have shown that the deposit remains open at depth (Figure 2).


Figure 1 – Piaba Underground Drilling Highlights


Figure 2 – Piaba Deposit Long Section (looking north)

Genipapo Deposit

Genipapo, located approximately 1 km east northeast of the existing Piaba open-pit mine, is the most advanced of three targets including Micote and Mestre Chico that potentially host a series of smaller, near-surface deposits (Figure 3). Three phases of reverse circulation (“RC”) drilling (5,489 m in 74 holes) were completed at Genipapo in 2020 to follow up on drilling discoveries made in 2018. Results continue to demonstrate the potential to develop Genipapo as open-pit feed for the Piaba mill. Results of the first two phases of drilling (3,331 m in 50 holes) are included in this press release, with results from the third phase of work pending.


Figure 3 – Genipapo Drilling Highlights

About Equinox Gold

Equinox Gold is a Canadian mining company with seven operating gold mines and construction underway at an eighth site, a multi-million-ounce gold reserve base and a clear path to achieve one million ounces of annual gold production from a pipeline of development and expansion projects. Equinox Gold operates entirely in the Americas, with two properties in the United States, one in Mexico and five in Brazil. Equinox Gold’s common shares are listed on the TSX and the NYSE American under the trading symbol EQX. Further information about Equinox Gold’s portfolio of assets and long-term growth strategy is available at www.equinoxgold.com or by email at [email protected].


Qualified Person and Disclosure Statement


Scott Heffernan, M.Sc., P.Geo., the Company’s EVP Exploration and a Qualified Person under National Instrument 43-101, has reviewed and approved the technical information contained in this news release. Drill composites for underground targets were calculated using cut-off values of 1.0 g/t, 3.0 g/t or 10.0 g/t gold as specified in the drill table and contain no more than 3 metres of internal waste. Drill composites for open-pit targets were calculated using cut-off values of 0.3 g/t, 1.0 g/t or 5.0 g/t gold as specified in the drill table and contain no more than 5 metres of internal waste. Drill intersections are calculated using uncut assays and are reported as drilled thicknesses. True widths of the mineralized intervals are interpreted to be 60 to 90 percent of the reported lengths depending on the angle of intersection of the drill hole relative to the mineralized zone. The Company maintains a quality assurance/quality control (QA/QC) program at Aurizona that follows industry best practices and is consistent with QA/QC protocols used by each of the Company’s exploration and development projects. All samples were submitted to ALS Chemex in Belo Horizonte, Brazil for sample preparation. Sample pulps were then sent to ALS Chemex in Lima, Peru for geochemical analysis for gold by fire assay of a 30-gram charge with an Atomic Absorption finish (AA) and for a 33 multi-element geochemical suite by 4-acid digestion and Inductively-Coupled Mass Spectrometry (ICP-MS). Samples with AA gold values over 10.0 g/t are re-assayed by Screen Metallics fire assay. Control samples (accredited standards, blanks and duplicate samples at the field and preparation stages) were inserted on a regular basis. Results were monitored upon receipt of assays.


Cautionary Notes and Forward-Looking Statements

This news release contains certain forward-looking information and forward-looking statements within the meaning of applicable securities legislation and may include future-oriented financial information. Forward-looking statements and forward-looking information in this news release relate to, among other things
statements regarding planned exploration at Aurizona and
the Company’s ability to successfully converted Inferred Resources to a higher category; the Company’s plans to complete a prefeasibility study for Aurizona; the Company’s growth potential, including its ability to increase production or extend the Aurizona mine life; and the Company’s ability to successfully advance its exploration, growth and development projects, including its ability to successfully operate an underground mine concurrent with the existing open-pit mine at Aurizona. Forward-looking statements or information generally identified by the use of the words “will”, “continue”, “expected”, “expectations”, “potential”, “estimate”, “further” and similar expressions and phrases or statements that certain actions, events or results  “could”, “would” or “should”, or the negative connotation of such terms, are intended to identify forward-looking statements and information. Although the Company believes that the expectations reflected in such forward-looking statements and information are reasonable, undue reliance should not be placed on forward-looking statements since the Company can give no assurance that such expectations will prove to be correct. The Company has based these forward-looking statements and information on the Company’s current expectations and projections about future events and these assumptions include: prices for gold remaining as estimated; currency exchange rates remaining as estimated; prices for energy inputs, labour, materials, supplies and services; no labour-related disruptions and no unplanned delays or interruptions in scheduled exploration, construction, development and production, including by blockade; all necessary permits, licenses and regulatory approvals are received in a timely manner; and the Company’s ability to comply with environmental, health and safety laws. While the Company considers these assumptions to be reasonable based on information currently available, they may prove to be incorrect. Accordingly, readers are cautioned not to put undue reliance on the forward-looking statements or information contained in this news release.

The Company cautions that forward-looking statements and information involve known and unknown risks, uncertainties and other factors that may cause actual results and developments to differ materially from those expressed or implied by such forward-looking statements and information contained in this news release and the Company has made assumptions and estimates based on or related to many of these factors. Such factors include, without limitation: fluctuations in gold prices; fluctuations in prices for energy inputs, labour, materials, supplies and services; fluctuations in currency markets; operational risks and hazards inherent with the business of mining (including environmental accidents and hazards, industrial accidents, equipment breakdown, unusual or unexpected geological or structural formations, cave-ins, flooding and severe weather); inadequate insurance, or inability to obtain insurance to cover these risks and hazards; employee relations; relationships with, and claims by, local communities and indigenous populations; the speculative nature of mineral exploration and development, including the Company’s ability to obtain all necessary permits, licenses and regulatory approvals in a timely manner or at all; changes in laws, regulations and government practices, including environmental, export and import laws and regulations; legal restrictions relating to mining including those imposed in connection with COVID-19; risks relating to expropriation; increased competition in the mining industry; and those factors identified in the Company’s MD&A dated February 28, 2020 and its Annual Information Form dated May 13, 2020, both of which relate to the year-ended December 31, 2019, and in the Company’s MD&A dated November 5, 2020 for the three and nine months ended September 30, 2020, all of which are available on SEDAR at

www.sedar.com

 and on EDGAR at

www.sec.gov

/edgar
. Forward-looking statements and information are designed to help readers understand management’s views as of that time with respect to future events and speak only as of the date they are made.
Except as required by applicable law, the Company assumes no obligation to publicly announce the results of any change to any forward-looking statement or information contained or incorporated by reference to reflect actual results, future events or developments, changes in assumptions or changes in other factors affecting the forward-looking statements and information. If the Company updates any one or more forward-looking statements, no inference should be drawn that the Company will make additional updates with respect to those or other forward-looking statements. All forward-looking statements and information contained in this news release are expressly qualified in their entirety by this cautionary statement.

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SOURCE Equinox Gold Corp.

Mindtree reports third quarter FY21 results with broad-based revenue growth of 5.0% q-o-q in USD, EBITDA margin at 23.1% and PAT margin at 16.1%

PR Newswire

WARREN, N.J. and BANGALORE, India, Jan. 18, 2021 /PRNewswire/ — Mindtree, a global technology services and digital transformation company guiding its clients to achieve faster business outcomes, announced its consolidated results today for the third quarter ended December 31, 2020, as approved by its board of directors.

Mindtree Logo

“Our third quarter has by far been the best performing in recent years backed by broad-based revenue growth of 5.0% across our verticals and service lines, robust margin expansion of 350bps, and a healthy order book of $312 M,” said Debashis Chatterjee, Chief Executive Officer and Managing Director, Mindtree. “We are witnessing strong business momentum across all verticals with a significant demand for cloud, data and analytics capabilities. We continue to capitalize on the evolving market dynamics with solutions that help enterprises navigate the new normal and grow their businesses. Thanks to the strategic focus and hard work of our Mindtree Minds, we are now well-positioned to continue delivering profitable growth.

Key financial highlights:                                       


Quarter ended December 31, 2020

  • In USD:
    • Revenue at $274.1 million (growth of 5.0% q-o-q / decline of 0.4% y-o-y)
    • Net profit at $44.2 million (growth of 28.6% q-o-q / 59.3% y-o-y)
  • In INR:
    • Revenue at ₹20,237 million (growth of 5.1% q-o-q / 3.0% y-o-y)
    • Net profit at ₹3,265 million (growth of 28.7% q-o-q / 65.7% y-o-y)

Other highlights:

  • Clients:
    • 276 active clients as of December 31, 2020
    • 8 new clients added during the quarter
  • People:
    • 22,195 Mindtree Minds as of December 31, 2020
    • Trailing 12 months attrition is 12.5%
  • Q3 deal wins with leading global clients:
    • We have been chosen to drive the digital transformation journey of a leading global wind turbine manufacturer. As part of this five year deal, Mindtree will simplify, modernize, and transform the entire IT landscape of the client globally, while providing scalability to support the company’s growth plans
    • Mindtree partnered with a large global airline, as a strategic technology partner, to enhance consumer experience on mobile digital platforms. We will provide application development and maintenance services to enhance the features of the mobile application along with underlying services layer
    • A world-leading sportswear brand selected Mindtree as a strategic partner for a multi-year engagement to provide application development services to accelerate their journey towards a product led and outcome-oriented organization
    • Mindtree has been selected by a US based diverse insurance and reinsurance provider to provide end to end IT infrastructure management and cloud services, resulting in enhanced efficiency and speed of business standardization
  • Recognition:
    • Mindtree has been recognized as a winner in SHRM HR Excellence Awards 2020 under Excellence in HR Analytics Award category
    • Mindtree has been honored with the title of IT Pride of Karnataka – 2019-20 by STPI IT Export Awards, granted by STPI (Software Technology Parks of India) of Karnataka
    • Mindtree has been awarded as a top performer, with a score of A-, in the 2020 Climate Change ranking by Carbon Disclosure Project (CDP)
    • Mindtree recognized as a leader in ISG Provider Lens™ for Next-gen Application Development and Maintenance (ADM) Services (U.S.) 2020 in application maintenance services, agile development, and continuous testing
    • Mindtree recognized as leaders in ISG Provider Lens™ for Digital Business Solutions and Service Partners 2020 (Australia) and Public Cloud Solutions and Services for Midmarket 2020 (U.S.)

About Mindtree

Mindtree (NSE: MINDTREE) is a global technology consulting and services company, helping enterprises marry scale with agility to achieve competitive advantage. “Born digital,” in 1999 and now a Larsen & Toubro Group Company, Mindtree applies its deep domain knowledge to 275+ enterprise client engagements to break down silos, make sense of digital complexity and bring new initiatives to market faster. We enable IT to move at the speed of business, leveraging emerging technologies and the efficiencies of Continuous Delivery to spur business innovation. Operating in more than 15 countries across the world, we are consistently regarded as one of the best places to work, embodied every day by our winning culture made up of over 22,000 entrepreneurial, collaborative and dedicated “Mindtree Minds.”

To learn more about us, visit www.mindtree.com or follow us @Mindtree_Ltd


Safe harbour

Certain statements in this release concerning our future growth prospects are forward-looking statements, which involve a number of risks, and uncertainties that could cause our actual results to differ materially from those in such forward-looking statements. The conditions caused by the COVID-19 pandemic could decrease customer’s technology spending, affecting  demand for our services, delaying prospective customers’ purchasing decisions, and impacting our ability to provide on-site consulting services; all of which could adversely affect our future revenue, margin and overall financial performance. Our operations may also be negatively affected by a range of external factors related to the COVID-19 pandemic that are not within our control. We do not undertake to update any forward-looking statement that may be made from time to time by us or on our behalf.

For more information, contact:

INDIA                  
Tanuja Singh                                                                            
Mindtree                                      
+91-9741000266                                                                       
[email protected]                                                         

 

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SOURCE Mindtree

Parsons to Announce Fourth Quarter and Fiscal Year 2020 Financial Results on February 24, 2021

PR Newswire

CENTREVILLE, Va., Jan. 18, 2021 /PRNewswire/ — Parsons Corporation (NYSE:PSN) will release fourth quarter and fiscal year 2020 financial results before the markets open on Wednesday, February 24, 2021. The company will host a conference call at 8:00 a.m. Eastern Time that day to discuss its earnings results and strategic corporate initiatives.

Access to a webcast of the live conference call can be obtained through the Investor Relations section of the company’s website (www.parsons.com). Participants should go to the website at least 15 minutes before the live event to download and install any necessary audio software.

Listeners may also participate in the conference call by dialing +1 866-987-6581 (domestic) or +1 602-563-8686 (international) and entering passcode 8827357.

A replay will be available on the company’s website approximately two hours after the conference call and continuing for one year. A telephonic replay also will be available through March 3, 2021 at +1 855-859-2056 (domestic) or +1 404-537-3406 (international) and entering passcode 8827357.

About Parsons Corporation

Parsons (NYSE: PSN) is a leading disruptive technology provider in the global defense, intelligence, and critical infrastructure markets, with capabilities across cybersecurity, missile defense, space, connected infrastructure, and smart cities. Please visit parsons.com and follow us on LinkedIn and Facebook to learn how we’re making an impact.

Contacts:

Media                                                            

Investor Relations

Bryce McDevitt                                               

Dave Spille

Parsons Corporation                                          

Parsons Corporation

+1 703.851.4425                                                

+1 571.655.8264


[email protected]                                    


[email protected]   

 

 

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SOURCE Parsons Corporation

Natural Grocers™ Launches Its First Annual Body Care & Beauty Bonanza In February 2021

Attractive Discounts, Free Samples, and Prizes Make It Easy For Customers to Explore Products that Are Better for Themselves and the Environment

PR Newswire

LAKEWOOD, Colo., Jan. 18, 2021 /PRNewswire/ — The body care and beauty industry has undergone numerous facelifts since the Food, Drug and Cosmetics Act was passed in 1938, but more than 80 years later, many consumers remain in the dark about how their personal care regimens impact their wellbeing and that of the environment. For this reason, Natural Grocers has developed strict ingredient standards that shed light on safe, clean, transparent, and sustainable beauty and body care brands. Now, Natural Grocers is launching its first annual Body Care & Beauty Bonanza in February 2021, making it even easier and more affordable for the communities Natural Grocers serves to clean up their everyday beauty, self-care and hygiene routines.

The natural and organic grocery retailers’ impeccable standards work very hard to eliminate possible carcinogens, neurotoxins, hormone disruptors, or chemicals that impact fertility in its body care and beauty product selections. With a clearly defined list of ingredients they will not carry, routinely evaluated against the latest research, over 150 brands have cleared the hurdle, providing cleaner and safer premium-quality products for women, men, and children at Always Affordable Prices℠.

While Natural Grocers is known for its 100% organic produce, nutritious groceries and supplements, customers will also find everything they’ll need to update their bathroom cabinet with an expansive body care and beauty department, full of good4u products such as cosmetics, shampoos and conditioners, face and body moisturizers, toothpaste, mouthwash and toothbrushes,  deodorant, shaving cream and shavers, facial cleaners, exfoliators, serums, and much more.

For more information on which ingredients will never be found in Natural Grocers body care section visit: www.naturalgrocers.com/standards/body-care-standards 

BODY CARE & BEAUTY BONANZA DETAILS
Starting on Friday, January 29 and running through Saturday, February 27, shoppers will enjoy these Body Care & Beauty Bonanza discounts, free samples, and prizes:

Refresh Your Bathroom Cabinet Sale: Save 15–30% on more than 20 fan-favorite skin care, hair care, and personal care brands from January 29February 271. Brands include Alaffia, Aura Cacia, Jason, Mad Hippie, Mineral Fusion, Shikai, Weleda, The Honey Pot, Olivina Men, Lafe’s Baby Line, Wild Carrot, and Coco-Kind.

Free Natural Grocers Beauty Bag: On Wednesday, February 17, the first 50 shoppers to visit the Body Care Department at each location will be gifted a Natural Grocers reusable bag stocked with samples from the best-selling body care and beauty products.2

{N}power® Beauty Gift Basket Giveaway: {N}power members will receive an automatic entry for every $50 spent on body care and beauty products from January 29 through February 273. Members can also enter online without a purchase at www.naturalgrocers.com/beauty-basket. 10 winners company-wide will win more than $300 of products and a $100 Natural Grocers gift card.

Count the Soap Bars: Customers are invited to count the soap bars placed throughout the pages of the February Natural Grocers good4uSM Health Hotline® magazine, for the chance to win a $500 Natural Grocers gift card. In order to enter the contest, they must simply fill out the form and drop it off at any Natural Grocers store by February 27, 2021. A drawing among all entries with the correct number will determine the winner3.

{N}power is free to join and offers exclusive discounts, digital coupons, rewards benefits, and other members-only features. Customers can sign up for {N}power here or by texting organic to 414114.

About Natural Grocers by Vitamin Cottage
Natural Grocers by Vitamin Cottage, Inc. (NYSE: NGVC) is an expanding specialty retailer of natural and organic groceries, body care products and dietary supplements. The products sold by Natural Grocers must meet strict quality guidelines and may not contain artificial colors, flavors, preservatives or sweeteners, or partially hydrogenated or hydrogenated oils. The Company sells only USDA certified organic produce and exclusively pasture-raised, non-confinement dairy products, and free-range eggs. Natural Grocers’ flexible smaller-store format allows it to offer affordable prices in a shopper-friendly, safe and convenient retail environment. The Company also provides extensive free science-based nutrition education programs to help customers make informed health and nutrition choices. The Company, founded in 1955, has 160 stores in 20 states.


1 Offers valid only from 1/29/2021 to 2/27/2021 and are redeemable only for in-store customer purchases at participating stores and cannot be combined with other offers. Quantity limited to stock on hand; no rain checks. Pricing excludes taxes and is subject to change without notice. Void where prohibited by law.


2  Valid 2/17/2021 only to the first 50 customers at participating stores. Limit one per in-store customer. No purchase necessary. Quantity limited to stock on hand; no rain checks.


3 NO PURCHASE NECESSARY. A PURCHASE WILL NOT INCREASE YOUR CHANCES OF WINNING. Open only to legal respondents of the 50 United States and the District of Columbia, 18 years or older. Must be an {N}power member to enter. Void where prohibited by law. Sweepstakes starts on 1/29/2021 and ends on 2/27/2021. For official rules and complete details, visit www.naturalgrocers.com/sweepstakes. Sponsor: Vitamin Cottage Natural Food Markets, Inc.


4 Message and data rates may apply. See naturalgrocers.com/privacy for our Privacy Policy and naturalgrocers.com/terms for the {N}Power terms of use.

 

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SOURCE Natural Grocers by Vitamin Cottage, Inc.

Quest Diagnostics Granted CDC Contract to Sequence COVID-19 Gene Variants to Aid Public Health Response to COVID-19

Quest’s genomic sequencing and infectious disease expertise will identify novel SARS-CoV-2 mutations, providing insights on prevalence and transmission in the United States

PR Newswire

SECAUCUS, N.J., Jan. 18, 2021 /PRNewswire/ — Quest Diagnostics (NYSE: DGX), the world’s leading provider of diagnostic information services, today announced that it has entered into an agreement with the Centers for Disease Control and Prevention (CDC) to provide genomic sequencing to identify new mutations in, and patterns of transmission of SARS-CoV-2, the virus that causes COVID-19. Financial terms of the agreement are not disclosed.

The goal of the collaboration is to aid the CDC in conducting a large-scale longitudinal genomic survey of the SARS-CoV-2 virus using a random set of samples collected from Quest’s labs across the United States. The company will perform the sequencing from its advanced diagnostics laboratory in San Juan Capistrano, Calif.

Viruses can mutate over time. In recent weeks, highly transmissible variants of the SARS-CoV-2 virus first discovered in the United Kingdom and South Africa have been identified in the United States.  

Quest Diagnostics will sequence the viral genomes of random de-identified samples that test positive in the course of providing molecular diagnostic testing for SARS-CoV-2 for providers and patients, and provide the CDC with completed whole viral sequences. These data will be combined with the results of other data provided to the CDC by national, state, academic, and commercial labs to help meet the CDC survey’s aims.

“Public and private collaboration is essential to mobilizing an effective response to COVID-19,” said Jay G. Wohlgemuth, M.D., Senior Vice President and Chief Medical Officer. “Quest has the expertise in genomics and infectious diseases, as well as extensive COVID-19 testing data and access to patient samples.  Our program will complement and extend the efforts of the CDC to discover and track new virus mutations and thereby improve public health response to the pandemic.”

The CDC’s survey aims to provide important baseline information for national and state-level surveillance, help define changes in transmission, identify new variants of the virus, and improve the public health response to the virus.

Quest Diagnostics and the CDC have a long history of collaboration to improve public health initiatives. Most recently, Quest joined the CDC’s seroprevalence survey, which analyzes results of de-identified COVID-19 antibody tests to identify rates of COVID-19 prevalence in the United States. In addition, Quest is a member of the SARS-CoV-2 Sequencing for Public Health Emergency Response, Epidemiology and Surveillance (SPHERES) consortium, which launched in May 2020. Quest and the CDC are also long-time collaborators to identify trends in screening, diagnosis and treatment in viral hepatitis, HIV and sexually transmitted infections in the United States, based on insights revealed by analysis of Quest’s national testing database. 

About COVID-19 Testing at Quest Diagnostics

Quest Diagnostics is at the forefront of the response to the COVID-19 pandemic, working to broaden access to laboratory insights to help us all lead healthier lives. We provide both molecular diagnostic and antibody serology tests to aid in the diagnosis of COVID-19 and immune response. Through our team of dedicated phlebotomists, air fleet team, couriers and laboratory professionals, Quest Diagnostics works hard every day to help patients and communities across the United States access quality COVID-19 testing. 

For more information about the latest developments with our COVID-19 testing, visit: newsroom.questdiagnostics.com/COVIDTestingUpdates

About Quest Diagnostics

Quest Diagnostics empowers people to take action to improve health outcomes. Derived from the world’s largest database of clinical lab results, our diagnostic insights reveal new avenues to identify and treat disease, inspire healthy behaviors and improve health care management. Quest annually serves one in three adult Americans and half the physicians and hospitals in the United States, and our 47,000 employees understand that, in the right hands and with the right context, our diagnostic insights can inspire actions that transform lives. Learn more about Quest Diagnostics at www.QuestDiagnostics.com or follow us on social media: Linkedin, Twitter, Facebook and Instagram.

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SOURCE Quest Diagnostics

Amended and Restated NI 43-101 Technical Report on the Mineral Resource Estimates Crawford Nickel-Cobalt Sulphide Project: Main Zone (Update) and East Zone (Initial) Deposits

PR Newswire

TORONTO, Jan. 18, 2021 /PRNewswire/ – Canada Nickel Company Inc. (TSXV: CNC) (“Canada Nickel” or the “Company“) is pleased to announce the filing on SEDAR of an amended and restated independent National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101“) entitled: “Independent Technical Report and Mineral Resource Estimates Crawford Nickel-Cobalt Sulphide Project: Main Zone (Update) and East Zone (Initial) Deposits” prepared by Scott Jobin-Bevans (Ph.D., PMP, P.Geo.), John Siriunas (M.A.Sc., P.Eng.) and David Penswick (P.Eng.) (the “Amended Technical Report“).

The Amended Technical Report can be found under the Company’s profile at www.sedar.com. The Amended Technical Report has been filed further to a review by staff of the Ontario Securities Commission (the “OSC“). The OSC review is now complete.

The Amended Technical Report includes a conceptual pit envelope constraint in order to demonstrate reasonable prospects for eventual economic extraction and updated mineral resource tables. Prior mineral resource estimates, as previously disclosed in the December 4, 2020 Technical Report, were not constrained by conceptual pit envelopes.  The addition of a pit constraint resulted in no change to the Measured & Indicated resource in the Higher Grade Core of the Main Zone, a 1.5 kt reduction in contained nickel in the overall Measured and Indicated resource to 1,690 kt, and a 335 kt reduction in contained nickel from the original Inferred resource to 1,183 kt. 90% of the overall reduction in Inferred resources occurred at depths below 300 metres.

In addition, the gram per tonne (g/t) assay values for Palladium (Pd), Platinum (Pt), and Palladium + Platinum (Pd + Pt) included in Table 10-2 of the Amended Technical Report have been corrected for holes CR19-05 to CR19-13.

Disclosure of explorations targets for the Main Zone Pd + Pt reef, two East Zone Pd + Pt reefs and the East Zone nickel domains was also revised to comply with subsection 2.3(2) of NI 43-101.

Table 1 – Amended Total Mineral Resource Estimate for the Crawford Nickel-Cobalt Sulphide Project, Ontario


Mineral Resource Estimate


Contained


DOMAIN


CLASS


TONNES (Mt)


Ni (%)


Co (%)


Fe (%)


S (%)


Pd (g/t)


Pt (g/t)


Ni (kt)


Co (kt)


Fe (Mt)


Pd (koz)


Pt (koz)


MAIN HIGHER
GRADE
ZONE

Measured

151.7

0.32

0.013

6.25

0.20

0.029

0.012

482.2

19.9

9.5

141

57

Indicated

128.6

0.30

0.013

6.37

0.16

0.027

0.013

391.8

16.5

8.2

111

52

Mea+Ind

280.2

0.31

0.013

6.31

0.18

0.028

0.012

873.9

36.4

17.7

252

108

Inferred

109.9

0.29

0.013

6.66

0.09

0.026

0.013

315.0

14.0

7.3

93

47


MAIN LOWER
GRADE ZONE

Measured

62.5

0.22

0.013

6.83

0.05

135.1

8.2

4.3

Indicated

263.2

0.21

0.013

6.90

0.04

557.0

34.6

18.2

Mea+Ind

325.6

0.21

0.013

6.89

0.04

692.1

42.9

22.4

Inferred

210.2

0.21

0.013

6.87

0.06

444.9

27.1

14.4


EAST ZONE

Measured

25.8

0.26

0.012

6.02

0.04

67.4

3.2

1.6

Indicated

21.8

0.26

0.013

6.20

0.04

56.2

2.7

1.3

Mea+Ind

47.5

0.26

0.013

6.11

0.04

123.6

6.0

2.9

Inferred

176.7

0.24

0.013

6.63

0.04

423.5

22.6

11.7


TOTAL

Mea+Ind

653

0.26

0.013

6.58

0.10

0.028

0.012

1,689.6

85.2

43.0

252

108

Inferred

497

0.24

0.013

6.74

0.06

0.026

0.013

1,183.3

63.8

33.5

93

47


1.


The independent Qualified Person for the Mineral Resource Estimate, as defined by NI 43-101, is Dr. Scott Jobin-Bevans (P.Geo., APGO #0183), of Caracle Creek International Consulting Inc. and Atticus Chile S.A.  The effective date of the Mineral Resource Estimate is December 11, 2020.


2.


These Mineral Resources are not Mineral Reserves as they do not have demonstrated economic viability. The quantity and grade of reported Inferred Resources in this Mineral Resource Estimate are uncertain in nature and there has been insufficient exploration to define these Inferred Resources as Indicated or Measured, however it is reasonably expected that the majority of Inferred Mineral Resources could be upgraded to Indicated Mineral Resources with continued exploration.


3.


A cut-off grade of 0.15% Ni was used for the low-grade domains (Main and East zones) and cut-off grades of 0.25% Ni (Main Zone) and 0.21% Ni (East Zone) were used for the high-grade domains. Cut-offs were determined on the basis of core assay geostatistics and drill core lithologies for the deposit, and by comparison to analogous deposit types.  Given the current stage of the Project, the mineral resources contained within the Main and East zone deposits have not been constrained by open pit optimization. The Company is planning to complete open pit optimization and present pit-constrained mineral resources as part of its Preliminary Economic Assessment (“PEA”) scheduled to be completed by the end of the first quarter, 2021.


4.


Geological and block models for the Mineral Resource Estimate used data from a total of 62 surface drill holes (51 in the Main Zone and 11 in the East Zone), completed by Spruce Ridge Resources (4 holes in 2018) and Noble Mineral Exploration and Canada Nickel Company (58 holes in 2019-2020). The drill database was validated prior to resource estimation and QA/QC checks were made using industry-standard control charts for blanks, core duplicates and commercial certified reference material inserted into assay batches by CNC and by comparison of umpire assays performed at a second laboratory.


5.


Estimates in Table 1 have been rounded to two significant figures.


6.


The mineral resource estimates have also been revised in the Amended Technical Report to include a conceptual pit envelope constraint that was developed using the optimization parameters included in the Amended Technical Report. Metal prices used (US$) were $7.75/lb nickel, $15/lb cobalt, $90/tonne magnetite $1,600/oz Pd, and $800/oz Pt. Different pit slopes were used for each layer (in degrees): 9.5 in clay, 21.8 in gravel and 45 in rock. Exchange rate utilized was US$/C$ of $0.75. Mining costs utilized different values for overburden (clay, gravel), selective mining and bulk mining ranging from C$1.75 to C$3.15/t mined. Processing costs and G&A for 100ktpd operation were C$6.18/t. Based on the range of grade and ratio of sulphur to nickel at Crawford, recovery could be expected to range from 10% – 60%. It has also been assumed that 30 – 40% of total iron would be recovered to a saleable magnetite concentrate.


7.


The Mineral Resource Estimate was prepared following the CIM Estimation of Mineral Resources & Mineral Reserves Best Practice Guidelines (November 29, 2019).


MAIN ZONE:


8.


The geological model as applied to the Mineral Resource Estimate for the Main Zone comprises three mineralized domains hosted by variably serpentinized ultramafic rocks: a relatively high-grade core (largely dunite) and two northern and southern lower grade envelopes (combination of dunite and peridotite). Individual wireframes were created for each domain.


9.


The block model was prepared using Micromine 2020. A 12 m x 12 m x 9 m block model was created and samples were composited at 4.5 m intervals. Grade estimation from drill hole data was carried out for Ni, Co, Fe, S, Pd and Pt using the Ordinary Kriging interpolation method.


10.


Grade estimation was validated by comparison of input and output statistics (nearest neighbour and inverse distance cubed), swath plot analysis, and by visual inspection of the assay data, block model, and grade shells in cross-sections.


11.


Density estimation was carried out for the mineralized domains using the Ordinary Kriging interpolation method, on the basis of 3,270 specific gravity measurements collected during the core logging process, using the same block model parameters of the grade estimation. As a reference, the average estimated density value within the high-grade is 2.64 g/cm3 (t/m3), while low-grade domains of the resource model yielded averages of 2.63 g/cm3 (t/m3) in the north and 2.71 g/cm3 (t/m3) in the south.


EAST ZONE:


12.


The geological model as applied to the Mineral Resource Estimate for the East Zone comprises three mineralized domains hosted by variably serpentinized ultramafic rocks: a relatively high-grade core (largely dunite) and two northern and southern lower grade envelopes (largely peridotite). Individual wireframes were created for each domain.


13.


The block model was prepared using Micromine 2020. A 20 m x 20 m x 15 m block model was created and samples were composited at 3 m intervals. Grade estimation from drill hole data was carried out for Ni, Co, Fe and S using the Inverse Distance Squared method.


14.


Grade estimation was validated by comparison of input and output statistics (nearest neighbour), swath plot analysis, and by visual inspection of the assay data, block model, and grade shells in cross-sections.


15.


An average bulk density value for each mineralized domain was calculated on the basis of 244 specific gravity measurements collected during the core logging process. Blocks within the high-grade were assigned a single bulk density value of 2.62 g/cm3 (t/m3), while low-grade domains of the resource model were assigned single bulk density values of 2.66 g/cm3 (t/m3) in the north and 2.72 g/cm3 (t/m3) in the south.

Assays, Quality Assurance/Quality Control and Drilling and Assay Procedures

William E. MacRae, MSc, P.Geo., a Qualified Person as defined by NI 43-101, is responsible for the on-going drilling and sampling program, including quality assurance (QA) and quality control (QC). The core is collected from the drill in sealed core trays and transported to the core logging facility. The core is marked and sampled at 1.5 metre lengths and cut with a diamond blade saw. Samples are bagged with QA/QC samples inserted in batches of 35 samples per lot. Samples are transported in secure bags directly from the Canada Nickel core shack to Actlabs Timmins, an ISO/IEC 17025 accredited lab. Analysis for precious metals (gold, platinum and palladium) are completed by Fire Assay while analysis for nickel, cobalt, sulphur and 17 other elements are performed using a peroxide fusion and ICP-OES analysis. Certified standards and blanks are inserted at a rate of one QA/QC sample per 32 core samples making a batch of 35 samples that are submitted for analysis.

Qualified Person and Data Verification

Dr. Scott Jobin-Bevans (P.Geo., APGO #0183), independent of the Company and a Qualified Person as defined by NI 43-101, has reviewed and approved the scientific and technical content of this news release, and is responsible for the Mineral Resource Estimate.  The Quality Control-Quality Assurance review was conducted by independent engineer Mr. John Siriunas (P.Eng., APEO #42706010), a Qualified Person as defined by NI 43-101.

About Canada Nickel Company

Canada Nickel Company Inc. is advancing the next generation of nickel-cobalt sulphide projects to deliver nickel and cobalt required to feed the high growth electric vehicle and stainless steel markets. Canada Nickel Company has applied in multiple jurisdictions to trademark the terms NetZero NickelTM, NetZero CobaltTM, NetZero IronTM and is pursuing the development of processes to allow the production of net zero carbon nickel, cobalt, and iron products. Canada Nickel provides investors with leverage to nickel and cobalt in low political risk jurisdictions. Canada Nickel is currently anchored by its 100% owned flagship Crawford Nickel-Cobalt Sulphide Project in the heart of the prolific TimminsCochrane mining camp.

Cautionary Statement Concerning Forward-Looking Statements

This press release contains certain information that may constitute “forward-looking information” under applicable Canadian securities legislation. Forward looking information includes, but is not limited to, drill results relating to the Crawford Nickel-Cobalt Sulphide Project, the potential of the Crawford Nickel-Cobalt Sulphide Project, timing of economic studies and resource estimates, strategic plans, including future exploration and development results, and corporate and technical objectives. Forward-looking information is necessarily based upon a number of assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking information. Factors that could affect the outcome include, among others: future prices and the supply of metals, the future  demand for metals, the results of drilling, inability to raise the money necessary to incur the expenditures required to retain and advance the property, environmental liabilities (known and unknown), general business, economic, competitive, political and social uncertainties, results of exploration programs, risks of the mining industry, delays in obtaining governmental approvals, failure to obtain regulatory or shareholder approvals, and the impact of COVID-19 related disruptions in relation to the Company’s business operations including upon its employees, suppliers, facilities and other stakeholders.  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 information. Accordingly, readers should not place undue reliance on forward-looking information. All forward-looking information contained in this press release is given as of the date hereof and is based upon the opinions and estimates of management and information available to management as at the date hereof. Canada Nickel disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by law.

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SOURCE Canada Nickel Company Inc.

GOL Celebrates 20 Years In The Air

Brazil’s largest domestic airline opened up access to air travel for millions of Brazilians, with more than 500 million customers transported on 4.2 million flights in past two decades

PR Newswire

SÃO PAULO, Jan. 18, 2021 /PRNewswire/ — Twenty years ago, on January 15, 2001, GOL Linhas Aéreas’ inaugural Flight 1741 on a Boeing 737-700 aircraft took off from Brasília and landed in Congonhas, São Paulo. The flight crew included Captain Grabler and Flight Attendant Giselle, who are also celebrating their 20 years at the Company, together with another 127 employees. This group is representative of our Team of Eagles, which is composed of thousands of people who dedicate themselves unconditionally to GOL every day, strengthening the bases of our contribution to transforming the history or air travel and Brazilian society itself journey that has made GOL the leader in the Brazilian airline industry.

Millions of Brazilians took their first ever flight with GOL, and that democratization of air travel is the best possible outcome. Through our constant efforts, the countless lessons learned throughout our journey, and the choice to always take courageous and disruptive action on several fronts – ranging from the organizational culture to the products and services offered – GOL has irreversibly widened access to quality air travel in Brazil. GOL’s aim is to Be First for Everyone. However, GOL would not be celebrating these achievements today if innovation had not been imprinted in the Company’s DNA from the beginning.

“On our anniversary, we look at what the past 20 years can teach us about tackling the complex challenges that lie ahead, particularly when it comes to protecting the environment, addressing social issues, and the internal organization of the Company itself. We will work hard to learn and innovate, as we have always done since January 15, 2001,” adds Paulo Kakinoff, GOL’s CEO.

Access here the full press release.

A
bout GOL Linhas Aéreas (www.voegol.com.br): Brazil’s largest airline and the leader in the business and leisure segments, serving more than 36 million passengers annually. In its 20 years of history, the Company democratized air travel and became the largest low-cost company in the sector, offering the best fares in Latin America.

 

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SOURCE GOL Linhas Aéreas Inteligentes S.A.

Valeo Pharma Announces Major Addition to its Senior Management Team

PR Newswire


  • Frederic Fasano named President and COO

  • Steve Saviuk continues as CEO and becomes Vice-Chairman of the Board of Directors

MONTREAL, Jan. 18, 2021 /PRNewswire/ – Valeo Pharma Inc. (CSE: VPH) (OTCQB: VPHIF) (FSE: VP2) (“Valeo” or the “Company“), a Canadian pharmaceutical company, announced today the appointment of Mr. Frederic Fasano to the newly created position of President and Chief Operating Officer, effective January 18th, to augment its senior leadership team and support expansion of Valeo’s commercial activities. Mr. Fasano has also been elected to the Company’s Board of Directors effective as of today.

“It gives me true pleasure to welcome Frederic to the Valeo executive team in this important new role. He possesses extensive International pharmaceutical experience and his management skills are well suited to helping us build a leading innovative pharmaceutical company with a deep commitment to our selected therapeutic areas of focus”, said Steve Saviuk,  CEO. “This increase in management depth, coupled with our solid foundation of products and people, positions us well for the dynamic growth we foresee in the coming years.”

In addition to continuing in his role as CEO of Valeo, Mr. Saviuk will assume the role of Vice-Chairman of Valeo’s Board of Directors. Mr. Richard MacKay remains Chairman of the Board.

Commenting on his newly appointed position as President and COO of Valeo, Frederic Fasano said, “I am very excited to join Steve and his team at such a pivotal time in the corporate development of Valeo”. He added “Valeo is very well positioned to become an anchor Canadian pharma company aiming at bringing innovative treatments to patients. Life sciences have been incredibly productive and disruptive in recent times and we at Valeo want to reinvent the way this amazing science is reaching patients.”

More about Mr. Frederic Fasano

Frederic Fasano is a seasoned pharma executive with over 25 years of experience in managing strategic affiliates within different geographies (Canada, Europe, Latin America). Prior to joining Valeo, Frederic served as President and CEO of Servier Canada, a well-established fully integrated affiliate of Servier Group. He led the portfolio diversification strategy, including multiple in-licensing deals, while strengthening the team capabilities in order to maximize the affiliate’s growth. Mr. Fasano held various executive positions in Italy, France and Latin America and sat on the Board of Directors of ILKOS Therapeutics. He also served as Chairman of the Board of Innovative Medicines Canada. He holds a Master of Business Administration from ESSEC Business School (France) and a Pharm. Degree from Paris-XI School of Pharmacy (France).

Grant of Share Options

The Company also announces that it has granted a total of 1,950,000 share options under its Share Option Plan to Mr. Fasano. These options shall vest over a five year period in six month intervals. Additional information concerning these grants can be found in the Form 11 – Notice of Proposed Stock Options posted on the CSE website, under the Company’s profile.

About Valeo Pharma

Valeo Pharma is a pharmaceutical company dedicated to the commercialization of innovative prescription products in Canada with a focus on Neurodegenerative Diseases, Oncology and Hospital Specialty Products. Headquartered in Kirkland, Quebec, Valeo Pharma has the full capability and complete infrastructure to register and properly manage its growing product portfolio through all stages of commercialization. For more information, please visit www.valeopharma.com and follow us on LinkedIn and Twitter. 

Forward Looking Statements

This press release contains forward-looking statements about Valeo’s objectives, strategies and businesses that involve risks and uncertainties. These statements are “forward-looking” because they are based on our current expectations about the markets we operate in and on various estimates and assumptions. Actual events or results may differ materially from those anticipated in these forward-looking statements if known or unknown risks affect our business, or if our estimates or assumptions turn out to be inaccurate. The Company is not making any express or implied claims that its product has the ability to eliminate, cure or contain the Covid-19 (or SARS-2 Coronavirus) at this time.

NEITHER THE CANADIAN SECURITIES EXCHANGE NOR ITS REGULATIONS SERVICES PROVIDER HAVE REVIEWED OR ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

For more information:

Valeo Pharma

Steve Saviuk

President and CEO
514 693-8830
[email protected]

Or

Frederic Dumais

Director Communications and Investor Relations
514-782-8803
[email protected]

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SOURCE Valeo Pharma Inc.

Timken to Announce Fourth-Quarter and Full-Year 2020 Financial Results on Feb. 4

PR Newswire

NORTH CANTON, Ohio, Jan. 18, 2021 /PRNewswire/ — The Timken Company (NYSE: TKR; www.timken.com), a world leader in engineered bearings and power transmission products, will release its 2020 fourth-quarter and full-year financial results on Thursday, Feb. 4, prior to the opening of the New York Stock Exchange. The company will host a conference call that day to discuss its financial performance with investors and securities analysts. The financial results and conference call materials will be available online at http://investors.timken.com.

Conference Call:

Thursday, Feb. 4, 2021

11:00 a.m. Eastern Time

Live Dial-In: 800-458-4121

or 323-794-2093

(Call in 10 minutes prior to be included.)

Conference ID: Timken’s 4Q Earnings Call

Or Click to Join: http://tmkn.biz/3rYiKC8

Conference Call Replay:

Replay Dial-In available through 

Feb. 18, 2021:

888-203-1112 or 719-457-0820

Replay Passcode: 7727792

Live Webcast:


http://investors.timken.com


About The Timken Company

The Timken Company (NYSE: TKR; www.timken.com) designs a growing portfolio of engineered bearings and power transmission products. With more than a century of knowledge and innovation, we continuously improve the reliability and efficiency of global machinery and equipment to move the world forward. Timken posted $3.8 billion in sales in 2019 and employs more than 17,000 people globally, operating from 42 countries.

Media Relations:

Scott Schroeder

234.262.6420
[email protected]

Investor Relations:

Neil Frohnapple

234.262.2310
[email protected]

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SOURCE The Timken Company

CONSOL Energy Schedules Fourth Quarter 2020 Earnings Release and Conference Call

PR Newswire

CANONSBURG, Pa., Jan. 18, 2021 /PRNewswire/ — CONSOL Energy Inc. (NYSE: CEIX) will issue its fourth quarter earnings release before the market opens on Tuesday, February 9, 2021. The release will be followed by a conference call hosted by members of the management team at 11:00 a.m. Eastern Time. A live webcast will be accessible on the ‘Investor Relations’ page of its website, www.consolenergy.com. An archive of the webcast will be available for at least 30 days after the event.

Participants may also join the live webcast by telephone as follows.

Participant dial in (toll free)                1-877-226-2859
Participant international dial in          1-412-542-4134

Participants should ask to be joined into the CONSOL Energy Inc. earnings conference call.

CONSOL Energy Inc. (NYSE: CEIX) is a Canonsburg, Pennsylvania-based producer and exporter of high-Btu bituminous thermal and crossover metallurgical coal. It owns and operates some of the most productive longwall mining operations in the Northern Appalachian Basin. Our flagship operation is the Pennsylvania Mining Complex, which has the capacity to produce approximately 28.5 million tons of coal per year and is comprised of 3 large-scale underground mines:  Bailey, Enlow Fork, and Harvey. The company also owns and operates the CONSOL Marine Terminal, which is located in the port of Baltimore and has a throughput capacity of approximately 15 million tons per year. In addition to the ~669 million reserve tons associated with the Pennsylvania Mining Complex and the ~21 million reserve tons associated with the Itmann project, the company also controls approximately 1.5 billion tons of greenfield thermal and metallurgical coal reserves located in the major coal-producing basins of the eastern United States. Additional information regarding CONSOL Energy may be found at www.consolenergy.com.


Contacts:

Investor: 

Nathan Tucker, at (724) 416-8336


[email protected] 

Media:  

Zach Smith, at (724) 416-8291


[email protected]

 

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SOURCE CONSOL Energy Inc.