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Category Archives: Life Extension

From the Extension: If you’re looking for evergreen plants, a Japanese garden can inspire – Yahoo News

Posted: January 24, 2022 at 9:49 am

After teaching gardening classes to thousands of Florida residents over the years, Ive observed a variety of landscaping wants and needs. Many new to central Florida residents desire long lasting aesthetic traits.

For example, many residents desire evergreen plants that bloom continuously and do not shed leaves. Low maintenance and slow growth rate are other desirable plant features often expressed by homeowners.

More From the Extension: A new year brings new goals to the table

Planting life: Your guide to trees on Arbor Day

As I strolled through a garden recently, I wondered why people seek permanence in their yards and gardens. Maybe its a human need for certainty or predictability, but I find the things I enjoy the most about my yard are the moments of fleeting beauty.

Japanese gardens often focus on this idea of impermanence as they often feature evergreens as a backdrop for focal plants offering short-term color. To celebrate ephemeralness, Japanese gardens often feature maples in the fall, camellias in the winter, and azaleas in the spring.

With their multi-petaled, sculptural flowers, camellias beckon the cooler months in the coastal states of the Southeast. Sasanqua camellias bloom as early as October and November, while most other camellias bloom between December and February.

These glossy-leaved evergreens flower for about one to two months. My Sweetie Pie camellia begins to flower right around New Years Day and I look forward to those first blooms every year.

A unique feature of sasanqua camellia Shishi-gashiri is that the flowers fall apart as they come to an end, littering the ground with delicate fuchsia petals. Walking through a path of bright pink flowers conjures up the magic of a fairytale.

Trumper plants bloom on the ground.

I recently visited the UF/IFAS Mid-Florida Research and Education Center in Apopka and the pink trumpet tree in the courtyard made me hold my breath. Not only were the blooms on the tree stunning, but it looked as though a lavender-colored snow had fallen along the ground.

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Pink trumpet trees provide their soft color in the winter months on bare silvery grey stems. This deciduous tree retains leaves throughout most of the year but drops its leaves before flowers emerge.

Two different pink trumpet trees grow in central Florida when planted in a protected or warm area of the yard. The tabebuia species of pink trumpet tree reaches heights of twenty to thirty feet while the Handroanthus species serves as a better fit for smaller yards reaching heights of twelve to eighteen feet.

While Florida may not experience the temporary and dramatic fall of hardwood forests, trees such as maples and crape myrtles add color through their striking leaves. Red maples push bright red growth in the spring and offers red leaves in the fall.

Grow red maples along a wetlands area or in moist soils. Depending on the type, crape myrtles drop their red, orange, or sometimes yellow leaves in the late fall and early winter.

A couple of native vines also provide bright colors in their leaves during the winter months. Wild grape, with its yellow leaves, can be found in many natural areas. Virginia creepers leaves develop into an intense red before they drop.

This weedy vine grew up my shed and I left it to enjoy the color during late fall. Both native vines are aggressive in nature and overtake trees and shrubs if not maintained.

A Fallen Trumpet blooms on a Cardboard Palm.

Grow them in a place where they can be managed and be extremely cautious planting them in forested or natural areas. They are not invasive, and both occur throughout natural lands in Florida and throughout most of the U.S.

Take time to enjoy the ephemeral nature of plants in botanical gardens or on a wooded nature path. Plant for fleeting beauty in your own backyard.

Extension programs are open to all persons without regard to race, color, sex, age, disability, religion, or national origin.

Brooke Moffis is the Commercial Horticulture and FL Friendly Landscaping Agent of UF/IFAS Extension Lake County. Email her at burnb48@ufl.edu.

This article originally appeared on Daily Commercial: If you're looking for evergreen plants, a Japanese garden can inspire

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Global Naval Vessel Maintenance, Repair, and Overhaul Market (2022 to 2031) – Growth, Trends, COVID-19 Impact and Forecasts – ResearchAndMarkets.com -…

Posted: at 9:49 am

DUBLIN--(BUSINESS WIRE)--The "Naval Vessel Maintenance, Repair, and Overhaul (MRO) Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2031)" report has been added to ResearchAndMarkets.com's offering.

The naval vessel maintenance, repair, and overhaul (MRO) market was valued at about USD 54.04 billion in 2021, and it is projected to register a CAGR of about 2% during the forecast period (2022 - 2031).

Companies Mentioned

Key Market Trends

The Destroyers Accounted for a Major Share by Revenue in 2021

Destroyers are fast, maneuverable, long-endurance warships that escort support and larger vessels in a fleet and defend them against the attacks of smaller powerful short-range surface combatants. The current global fleet of destroyers is around 250. Countries such as the United States, China, and Japan account for the highest share of the existing fleet of destroyers in the world. Due to their rather expensive procurement and operating costs, only a select few navies operate destroyers globally. With the global fleet age of destroyers increasing, countries around the world are investing in the modernization of their fleet with advanced equipment and in-service maintenance and overhaul plans.

Also, the growing requirement of equipping the newer destroyers with the latest weapon systems is driving the need for destroyer modernization programs. For instance, in July 2021, MBDA UK was awarded an 11-year contract to integrate the Common Anti-Air Modular Missile, often referred to as Sea Ceptor, into the UK Navy's Type 45 destroyers' Sea Viper weapon systems. The work will also include the upgrade of the Sea Viper command and control (C2) system. Fitting CAMM onto the Type 45s will give the destroyers a 50% increase in the number of its air defense missiles. The first Type 45 destroyer is expected to be overhauled by summer 2026.

Also, as of 2021, the navies of France and Italy were planning to conduct a mid-life upgrade of the Horizon class of air warfare destroyers that have been in service for more than ten years. In 2020, Naviris provided a contract to Naval Group, which was contracted through OCCAR (Organization for Joint Armament Co-operation) to conduct a feasibility study for the upgrade. Countries are also investing in sustaining the existing destroyer fleets by upgrading decades-old ships with newer systems and extending their service life. In 2021, the United States started upgrading the sensors, electronics, and weapons aboard the existing fleet of DDG-51 Arleigh Burke-class Flight IIA destroyers. Such developments are expected to drive the growth of the segment during the forecast period.

The Asia-Pacific Region Held the Highest Market Share in 2021

The Asia-Pacific region currently dominates the market, and it is expected to continue its dominance during the forecast period. Countries like China, India, and Japan are increasing their investment in strengthening their naval capabilities due to the ongoing geopolitical tensions in the region. China is one of the largest navies in the world, with 335 naval vessels (2019), about 55% larger than in 2005, where the majority of the fleet is more than 13 years.

Similarly, other countries (like India and Japan) are also operating a fleet of aging naval vessels. Due to this, the countries are modernizing their fleets of naval vessels through the integration of advanced technologies (modifications) into the vessels. In this regard, the Australian government announced an investment of USD 75 billion over the next decade to enhance its naval capabilities. Out of the total investment, approximately 1/3rd of the investment is expected toward the improvement and sustainment of its naval vessels.

Under this investment, the country plans to upgrade its Hobart Class Destroyers, ANZAC Class Frigates, and the country navy's Amphibious ships and invest in the upgrade and life extension of the Collins Class submarines that are currently in service (average age more than 20 years). Similar investments in the modernization of naval vessels are anticipated to accelerate the demand for naval vessel MRO in the region in the coming years.

Key Topics Covered:

1 INTRODUCTION

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET DYNAMICS

4.1 Market Overview

4.2 Market Drivers

4.3 Market Restraints

4.4 Porter's Five Forces Analysis

5 MARKET SEGMENTATION

5.1 Vessel Type

5.2 MRO Type

5.3 Geography

6 COMPETITIVE LANDSCAPE

6.1 Vendor Market Share

6.2 Company Profiles

7 MARKET OPPORTUNITIES AND FUTURE TRENDS

For more information about this report visit https://www.researchandmarkets.com/r/y8ul06

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Global Naval Vessel Maintenance, Repair, and Overhaul Market (2022 to 2031) - Growth, Trends, COVID-19 Impact and Forecasts - ResearchAndMarkets.com -...

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$12.9 million to breathe life into Surf Life Saving South Australia clubs and protect swimmers – Premier of South Australia

Posted: at 9:49 am

The Marshall Liberal Government is committing $12.9m to Surf Life Saving South Australia (SLSSA), including a whopping 33% operational funding boost the first increase of its kind for the much-loved organisation in more than 15 years.

Premier Steven Marshall said lifesaving activity and first-aid responses in South Australia had increased by more than 77% between 2018 and 2021.

There are approximately 9,000 dedicated SLSSA volunteers who risk their wellbeing to protect South Australians at our beaches during summer and we know their brave actions save lives, the Premier said.

Supporting SLSSA with $12.9m in funding is how we strengthen these incredible lifesaving services well into the future.

Boosting SLSSAs operational funding means they have more resources at their disposal to respond to water emergencies and support their volunteers.

Were also funding critical club redevelopments that will ensure volunteers have modern, fit-for-purpose facilities that allow them to undertake patrols, important training and education programs.

The redevelopments scheduled over the next four years include Normanville (2022-23), Whyalla and Lonsdale (2023-24), Robe (2024-25) and Moana (2025-26).

Minister for Recreation, Sport and Racing, Corey Wingard, said todays announcement builds on the Marshall Governments already strong partnership with SLSSA, and follows an almost $5m investment in the completed redevelopment of Port Elliot Surf Life Saving Club the biggest in SA history.

The pivotal roles our SLSSA volunteers perform cannot be overstated enough, from patrolling our coastlines to teaching children how to swim through the hugely popular VACSWIM program, Minister Wingard said.

The Marshall Government proudly subsidises the VACSWIM program cutting the cost in half so families can afford to enrol their children in swimming lessons. This summer alone more than 10,000 South Australian kids are involved, and the program is growing each year.

Not only does the initiative promote a healthy active lifestyle for children, but more than 800 instructor jobs in the aquatics industry are up for grabs through the program in a win-win for the community.

SLSSA President, Kevin Watkins, said volunteers performed 11,355 preventative actions in 2018 compared to 20,143 last year.

Our volunteers do an incredible job saving lives on our beaches. Last year alone, 154 lives were saved because a Surf Life Saver was on patrol and able to rescue them, Mr Watkins said.

The more than 80,000 volunteer patrol hours that they performed, across the 21 Surf Life Saving Clubs in SA, provide an invaluable service to the public, to help keep them safe.

SLSSA CEO, Damien Marangon, said: This lift in operational funding and the extension of club redevelopment funding, ensures that our dedicated volunteers are able to remain rescue ready, with world leading lifesaving facilities and equipment to support them to protect beachgoers.

We thank the South Australian Government for their commitment to Surf Life Saving, and we know that this funding will save lives, Mr Marangon said.

Weve unfortunately already seen too many drowning tragedies across our coast this summer, so having this additional funding means we can continue to support our clubs and volunteers patrolling our beaches, educate more people in our water safety programs and strive towards our vision of zero preventable deaths in SA waters.

The latest investment follows the delivery of the Marshall Governments 2018 election commitments, including $630,000 over four years to provide $5,000 to each SLSSA club each year for upgrades to key rescue and emergency response equipment and $190,000 for drones to enhance shark surveillance capability.

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Marimaca Copper Announces Exploration Targets for Depth Extensions of the MOD and Near-Pit Oxide Satellites – Junior Mining Network

Posted: at 9:49 am

VANCOUVER, British Columbia, Jan. 20, 2022 (GLOBE NEWSWIRE) -- Marimaca Copper Corp. (Marimaca Copper or the Company)(TSX: MARI) is pleased to announce Exploration Targets for the Marimaca Oxide Deposit (MOD) depth extension zone (the MAMIX target) discovered in 2021 (see announcement dated October 14 2021), as well as for the Mercedes, Cindy and Roble satellite oxide targets discovered during the successful 2021 Marimaca District exploration drilling campaigns (see announcements dated September 15 2021, July 14 2021 and July 1 2021).

Highlights

MAMIX (MOD Depth Extension)

Satellite Oxide Targets and MOD Oxide Extensions

Definitive Feasibility Study

The potential quantity and grade presented in the exploration target ranges are conceptual and have insufficient exploration and drill density to define a Mineral Resource. At this stage, it is uncertain if further exploration will result in the targets being delineated as a Mineral Resource. Estimates of exploration targets are not Mineral Resources and are too speculative to meet the NI 43-101 reporting standards. The detailed methodology for preparing the Exploration Targets and a summary of supporting technical data can be found at the end of this announcement.

Table 1: Summary of Exploration Targets for Further Exploration at Marimaca

*Mixed refers to a combination of oxides + secondary + primary sulphides and Enriched refers to secondary sulphides (predominantly chalcocite and covellite, with minor chalcopyrite)

Sergio Rivera, VP Exploration of Marimaca Copper, commented:

In 2021, drilling beneath the Marimaca Oxide Deposit encountered significant continuations of higher-grade, leachable mineralization in the form of oxide, mixed and secondary enriched sulphide materials, as well as some primary sulphides. This has clear potential to increase the MOD mineral resource beyond the current Preliminary Economic Assessment (PEA) pit shell.

In late 2020, we took the geological model we have developed for Marimaca and applied it to the surrounding district. We identified three satellite targets Cindy, Mercedes and Robles all of which we drill tested, looking for near surface oxide resources to complement the MOD project. In all three targets, we discovered copper oxide mineralization starting from surface, some with potential for significant scale, that had many similarities to Marimaca. Each of the satellite targets have the potential to deliver meaningful open pit tonnages to any eventual development plans for the Marimaca District. Less well-defined mineralization at the Tarso and Sierra targets remains to be followed up.

Hayden Locke, President and CEO of Marimaca Copper, commented:

Sergio and his exploration team had a remarkable year in 2021. Drill testing three exploration targets, all of which delivered potential shallow oxide materials to add to the outstanding MOD deposit was an excellent result and highlights the underexplored nature of our licence area. A thorough review of the technical data from the MOD PEA showed us that, although these targets have lower grade than the MOD, they all had average grades (in drilling) well above the expected economic cut-off grades for copper mines in this region. As a result, all should be seen as potential mine life extensions to be defined with ongoing work.

More exciting was the discovery of the depth extensions of the MOD. Following extensive reviews of sequential copper assays and logging with our metallurgical team, we believe the extensions are predominantly leachable material and will, therefore, be processable through the same heap leach and SX-EW infrastructure as proposed in the PEA for the MOD. The team is running resource projections, and we are planning to drill MAMIX to an Indicated Resource level in parallel with the remaining infill drilling for the MOD. The intention is to release an updated Mineral Resource Estimate towards the end of the first half of 2022.

Metallurgical and Feasibility Study related workstreams and permitting continue to progress rapidly as we move the exciting MOD towards an eventual investment decision and construction.

Overview and Next Steps

The successful MAMIX extensional drilling program intersected broad zones of mineralization of mixed oxide, enriched and some primary sulphide mineralization below the MOD PEA open pit shell. Results indicate the potential for the expansion of the MODs future leachable Mineral Resource Estimate (MRE) (refer to announcement dated October 14, 2021).

At the Marimaca Oxide Deposit itself, preparatory work is underway for a 22,500m infill campaign. The Company plans to extend the drilling program to include the MAMIX zones to potentially expand its mineral resource inventory. Drill pad and access infrastructure construction are progressing on schedule, with drilling expected to begin by the end of January and will an updated Mineral Resource Estimate MRE planned for mid-year.

The 2021 exploration scout drilling campaign tested several near-surface oxide satellite targets proximal to the MOD to identify additional Marimaca type oxide deposits. The Mercedes, Cindy and Robles satellite targets were identified during an extensive grassroots exploration campaign which included; geological mapping, rock geochemistry, chip channel sampling, a high-resolution drone magnetic survey and IP-R line surveys (see announcement dated September 23, 2020). Each of the three targets was then drill tested during 2021, with 12,750m of RC drilling completed and shallow oxide mineralization identified at all targets. Mercedes was a clear standout, having broad zones of green oxide mineralization from surface with grades similar to the MOD, and we plan to conduct follow up drilling later in the year. Cindy hosted broad zones of oxide mineralization from surface with slightly lower grades, but with a significant surface footprint, with the strike extending over 1km. At the same time drilling encountered shallow oxide mineralization over a large area at Robles. Both present interesting, albeit lower priority, targets for follow-up work.

The Company believes that infill drilling the MOD, defining the MAMIX zone, and further drill testing the Mercedes target provides the shortest path to value accretion. It intends to complete over 25,000m of combined diamond and reverse circulation drilling on these activities for 2022.

Marimacas exploration team is also preparing further generative exploration programs to follow up on important regional targets identified through geophysical surveys across Marimacas district-scale land package.

Summary of Information and Analysis Comprising the Exploration Targets

Marimaca Copper has conducted extensive exploration work to delineate the exploration targets contained in this announcement. This work includes surface mapping of mineralized outcrops, geochemical and physical sampling and assaying, sampling of underground workings, extensive geophysical surveying, and finally, over 19,000m of exploration RC drilling.

Table 3: Exploration Target Range Data

Dimensions are conservative estimates based on surface geological mapping and sampling, underground geological sampling and RC drill intercepts. Grade ranges used in the Exploration Target Ranges are derived from RC drill interception grades within the target dimension area and assumes projections of grades across a mineralized zone. MAMIX dimensions and grade ranges presented benefit from internal modelling estimates completed in conjunction with Marimacas mining engineering and metallurgical consultants as part of the 2022 MAMIX infill drilling program planning.

MAMIX Target

The MAMIX target has been a top priority for the 2021 exploration campaign. MAMIX was initially conceived as a high-priority conceptual exploration target following a comprehensive review by the Marimaca exploration team of the key structural controls of the MOD, as well as complementary magnetic susceptibility, resistivity and chargeability studies indicating the potential for extensions at a depth of the MOD associated with key mineralizing structures (see announcements dated February 2, 2021, and September 23, 2020). The conceptual target was substantiated during the 2021 exploration drilling program. A total of 3,120m over 12 re-entry drill holes were completed at MAMIX, with the maiden program targeting a zone in the southern portion of the MOD. Drilling commenced at depths ranging from 200m to 300m downhole to new final depths of 450m to 500m. Drilling results, discussed in detail in the announcement dated October 14, 2021, intersected significant zones of mixed, enriched and primary mineralization below the PEA pit limits.

The initial 12 hole campaign defined a target area with dimensions of 400m along strike, 350m breadth, and an average mineralized extensional column of 100m downhole, with certain drill holes extending mineralization up to 288m downhole. A plan view diagram of the MAMIX drilling program and certain key cross sections can be viewed in the announcement dated October 14, 2021.

Mercedes Target

The Mercedes Target is located approximately 3km to the north of the MOD and was identified as a large-scale magnetic high during the 2020 high-resolution drone geophysical campaign. Follow up field work was completed in late 2020, and H1 2021 and included 50m x 50m rock geochemical sampling, geological and structural mapping, outcrop sampling and extensive sampling of historic underground workings (refer to announcements dated December 9, 2020 and March 3, 2021). In addition, an induced polarization study consisting of a single 3.5km east-west line across the Mercedes target was completed. Resistivity and chargeability sections demonstrated the potential for broad, laterally extensive supergene zones and potential sulphide mineralization (refer to March 3, 2021 announcement). Surface geochemistry and geophysical studies were both used to design, plan and execute the 2021 maiden drill campaign at Mercedes.

The initial drilling campaign at Mercedes consisted of 4,370m over seventeen shallow RC holes covering approximately 700m of north-south strike. The drilling successfully intersected significant oxide copper mineralization from surface, defining an initial area of interest measuring 400m along strike and 300m width.

Cindy Target

The Cindy Target is located approximately 5km to the north of the MOD and 2km to the north of the Mercedes Target (refer to release December 9 2020) and was initially identified, along with Mercedes and Roble, as a large-scale magnetic anomaly during the 2020 drone-mounted geophysics campaign. Cindy lies on a northern extension of the Naguayn Fault System, the main controlling structure across the Marimaca project. Following the magnetic surveys, Marimaca completed an extensive mapping and sampling campaign in early 2021 and line IP across the target area. Like the Mercedes work program, a 50m x 50m rock geochemistry survey was completed over the target area to complement surface and outcrop geological mapping. In addition, an underground channel sampling program of the historic, shallow artisanal underground workings at Cindy was completed. The underground mine workings cover approximately 200 meters of north south strike over four levels giving a vertical extent of 80 meters (see announcement dated February 17, 2021). The underground channel sampling defined broad zones of higher-grade mineralization with copper hosted primarily in copper oxides atacamite, brochantite and chrysocolla with some localized WAD.

The surface geophysical and geological studies defined an initial target area of interest at Cindy of 800m along strike by 300m across strike. The maiden 2021 drill campaign completed nine holes at ~250m north-south spacings across the 800m strike length. Drilling defined a key target area in the north sections of the broader Cindy target. The drilling intersection was significant mineralization in four drill holes north of the historical underground workings (CIR-02, CIR-03, CIR-08, CIR-09) (refer to announcement dated July 14, 2021). Drill holes CIR-03 and CIR-02 intersected broad zones of mixed copper oxide material from near surface, including 40m with an average grade of 0.51% CuT from 48m downhole and 20m with an average grade of 0.33% CuT from 8m downhole, respectively. Intersections in CIR-08 and 09 were deeper and, as expected, contained increased amounts of primary mineralization when considered in the context of east-dipping structures controlling mineralization at Cindy.

Equally important at Cindy is the compelling potential for extensions to the north. An extension of the magnetic survey that originally identified Cindy also indicated a large anomaly directly to the north of Cindy, the Mititus target. It is located less than 500m to the north of Cindy and may represent its northern continuation. Marimaca is investigating the potential for extensions of the mineralized zone and structures into this area. If successful, this could meaningfully increase the strike length of Cindy.

Roble Target

Roble is located less than 3km to the northeast of the MOD, within the northeast trending Roble Fault System. This is a splay off the regional scale Naguayn Fault System, an important control for mineralization at the MOD. Roble was one of several high-priority anomalies identified within the Marimaca District during the 2020 geophysics campaign. Drone-mounted high-resolution geophysical surveys identified a large magnetic anomaly that was subsequently subject to a comprehensive field geology program prior to drilling. Surface exploration work included rock grid geochemical sampling, reconnaissance mapping, outcrop sampling and 5km of IP line survey. Surface geological work defined a large copper-in-rock anomaly and highlighted the significant extent of outcropping copper oxide mineralization at the surface (refer to announcement on July 1 2021). The surface geological programs successfully identified and delineated three discrete areas of consistently sub-cropping copper mineralization, each extending over 600m by 400m, separated by gravel and sand cover Roble, Nepal and Pele (refer to July 1, 2021 announcement).

A maiden scout RC drilling campaign was subsequently completed at Roble. Fourteen shallow discovery holes were drilled totaling 2,770m. Drilling was completed primarily in a northwest orientation, intercepted mineralization largely controlled by the northeast trending Roble Fault and associated splays. As mentioned, the broader Roble area covers 3 distinct 600m x 400m areas of interest identified through reconnaissance work: Roble main, Nepal and Pele trending in a north-sound direction and separated by shallow gravel cover.

Sierra and Tarso Targets

Sierra is located immediately southeast of the MOD and represents a natural extension of the MOD along the Manolo fault controlling structure. The area was explored as part of the 2019 MOD drilling campaign and consisted of 2,350m of drilling across 9 RC holes at approximately 200m spacing. The exploration campaign extended known limits of the Marimaca Oxide Deposit roughly 600m SE with an area of interest of 600m x 400m identified. No follow up drilling has been completed since the 2019 drilling. Copper mineralization is exposed at surface at old mine workings and outcroppings. The target area is partially covered by gravels indicating potential for further extensions undercover.

Tarso is located immediately northeast of the MOD limits and is predominantly covered by gravel. The area was explored as part of the 2019 MOD drilling campaign, with a portion of drilling included in the 2019 MRE (refer to December 2, 2019 announcement). The exploration drilling not included in the 2019 MRE extended known limits of the Marimaca Oxide Deposit roughly 600m SE with an area of interest of 400m x 400m identified. No follow up drilling has been completed since the 2019 drilling, and the target represents an attractive opportunity to extend copper mineralization below cover to the northeast.

Sampling and Assay Protocol

True widths cannot be determined with the information available at this time. RC holes were sampled on a 2m continuous basis, with dry samples riffle split on site and one quarter sent to the Andes Analytical Assay preparation laboratory in Calama and the pulps then sent to the same company laboratory in Santiago for assaying. A second quarter was stored on site for reference. Samples were prepared using the following standard protocol: drying; crushing to better than 85% passing -10#; homogenizing; splitting; pulverizing a 500-700g subsample to 95% passing -150#; and a 125g split of this sent for assaying. All samples were assayed for %CuT (total copper) and %CuS (acid soluble copper) by AAS. A full QA/QC program, involving insertion of appropriate blanks, standards and duplicates was employed with acceptable results. Pulps and sample rejects are stored by Marimaca Copper for future reference.

Qualified Person

The technical information in this news release, including the information that relates to geology, drilling and mineralization was prepared under the supervision of, or has been reviewed by Sergio Rivera, Vice President of Exploration, Marimaca Copper Corp, a geologist with more than 36 years of experience and a member of the Colegio de Gelogos de Chile and of the Institute of Mining Engineers of Chile, and who is the Qualified Person for the purposes of NI 43-101 responsible for the design and execution of the drilling program.

The QP confirms he has visited the project area, has reviewed relevant project information, is responsible for the information contained in this news release, and consents to its publication.

Contact InformationFor further information please visit http://www.marimaca.comor contact:

Tavistock +44 (0) 207 920 3150Jos Simson/Oliver Lamb / Nick ElwesThis email address is being protected from spambots. You need JavaScript enabled to view it.

Cautionary Notice on Exploration Information

This press release contains information regarding potential exploration results of exploration targets on which the Company intends to conduct further exploration in the near term. Thepotential quantity and grade of such exploration targets described in this press release are conceptual in nature and subject to a number of risks and uncertainties, such that they are not an indication of any current or future economic viability, nor do they satisfy applicable disclosure and information requirements applicable to Mineral Resources. Readers are therefore cautioned on placing any reliance on such information and related expectations. In particular,the potential quantity and grade presented in the exploration target ranges contained in this press release are conceptual in nature and have insufficient exploration and drill density to define a Mineral Resource. At this stage it is uncertain if further exploration will result in the targets being delineated as a Mineral Resource. Estimates of exploration targets are not Mineral Resources and are too speculative to meet therequirementsforreportingMineral Resources under NI 43-101 reporting standards. Readers should also refer to the information provided under Forward-Looking Statements below in the context of their review of information presented in this release.

Forward Looking Statements

This news release includes certain forward-looking statements under applicable Canadian securities legislation. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Forward-looking statements reflect the beliefs, opinions and projections on the date the statements are made and are based upon a number of assumptions and estimates that, while considered reasonable by Marimaca Copper, are inherently subject to significant business, economic, competitive, political and social uncertainties and contingencies. Many factors, both known and unknown, could cause actual results, performance or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements and the parties have made assumptions and estimates based on or related to many of these factors. Such factors include, without limitation: risks related to share price and market conditions, the inherent risks involved in the mining, exploration and development of mineral properties, the uncertainties involved in interpreting drilling results and other geological data, fluctuating metal prices, the possibility of project delays or cost overruns or unanticipated excessive operating costs and expenses, uncertainties related to the necessity of financing, the availability of and costs of financing needed in the future as well as those factors disclosed in the annual information form of the Company dated March 29, 2021, the final short form base prospectus and other filings made by the Company with the Canadian securities regulatory authorities (which may be viewed atwww.sedar.com). Accordingly, readers should not place undue reliance on forward-looking statements. Marimaca Copper undertakes no obligation to update publicly or otherwise revise any forward-looking statements contained herein whether as a result of new information or future events or otherwise, except as may be required by law.

Neither the Toronto Stock Exchange nor the Investment Industry Regulatory Organization of Canada accepts responsibilityfor the adequacy or accuracy of this release.

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Marimaca Copper Announces Exploration Targets for Depth Extensions of the MOD and Near-Pit Oxide Satellites - Junior Mining Network

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Sandia spending reaches record $3.9 billion in fiscal year 2021 – Albuquerque Journal

Posted: January 13, 2022 at 5:40 am

The total spending of one of New Mexicos largest employers reached a record $3.9 billion in fiscal year 2021 about $139 million more than the previous year, according to an economic analysis released Wednesday by Sandia National Laboratories.

Sandia officials, in a virtual meeting with Journal reporters and editors, said growth was driven largely by construction, infrastructure projects and critical milestones in nuclear weapons life-extension programs a major mission of the lab, which does work for the Department of Energys National Nuclear Security Administration.

And more work is on the way.

The pipeline is extremely strong. And its across all areas in all mission areas, all facilities, all infrastructure areas, said Scott Aeilts, Sandias associate labs director of mission services. Weve made a commitment to invest on all fronts to position the lab for many years to come.

During Sandias fiscal year, which ended Sept. 30, the labs hired a total of 1,340 people, of which 992 are assigned to the lab in Albuquerque.

Since the start of the pandemic, Sandia moved a significant chunk of its employees to remote work. Aeilts said about 30% of its workforce is now remote or has some sort of hybrid-style schedule.

Lab directors delegated arrangements for employees to individual managers.

Some of the nature of the very work we do that pertains to hands-on (experiments) and classified work has to be done on site, Aeilts said. But we got very aggressive relative to our position and posture with teleworking. And I think thats been a quote-unquote benefit that the employees are enjoying.

He said that transition has freed up a significant amount of needed work space at the labs.

Total subcontractor-related payments at Sandia reached $1.37 billion last year. New Mexico businesses earned 35% of that money.

Most Sandia contracts go out for a bidding process, and New Mexico small businesses get a 5% evaluation preference.

One of the largest local contracts went to Encantado Technical Solutions, LLC, a small Albuquerque business that provides IT services to government organizations. The company inked a seven-year, $700 million contract with the labs last year, according to the Sandia report.

Sandia paid a total of $106 million in New Mexico gross receipts taxes in 2021.

During the last fiscal year, we were also able to meet all spending related to our small business goals, while at the same time delivering our national security missions, Aeilts said.

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SBM Offshore nominates ivind Tangen as member of the Management Board – Yahoo Finance

Posted: at 5:40 am

January 13, 2022

SBM Offshore is pleased to announce the proposed appointment of ivind Tangen as Chief Operating Officer (COO) and member of its Management Board. ivind Tangen (1973, Norwegian) has been working for the Company for 19 years and has a wealth of experience in engineering and operational roles, as well as in strategy and project execution. He is currently a Managing Director of the Company, responsible for SBM Offshores Lease and Operate segment, which includes the Companys FPSO fleet.

ivind Tangen holds an MSc in Naval Architecture from the Norwegian University of Science and Technology and ENSTA, Paris, as well as a Master of Management and Economics of Energy and the Environment from ENI Corporate University.

ivind Tangens proposed appointment to the Management Board will be submitted for approval at the General Meeting to be held on April 6, 2022 (AGM).

The proposed appointment of ivind Tangen to the Management Board underlines the Companys focus on excellence in operations and project execution. At the same time, it will enable additional focus on delivery of SBM Offshores strategy through the energy transition.

Philippe Barril (currently COO) will be appointed Chief Transition Officer (CTO). The creation of a CTO role at the Management Board confirms the Companys ambition to play a leading role in the energy transition. Human Resources, Legal & Compliance, Health, Safety, Security and Environment (HSSE) and some other corporate functions will report to the CTO.

Douglas Wood will continue as Chief Financial Officer. In the new set up of the Management Board, he will also assume responsibility for Communications in addition to Investor Relations.

Erik Lagendijk (1960, Chief Governance & Compliance Officer) has decided to step down from the Management Board after the AGM.

Bruno Chabas, CEO, said: It is with great pleasure that we welcome ivind to the Management Board. His nomination marks the quality of our pool of talent. ivind has demonstrated his leadership over many years at SBM Offshore. By adding ivind to the Management Board and with Philippe and Douglas taking a broader role as well, SBM Offshore is well positioned to deliver results in both our traditional business and strengthen our position in New Energies. I would like to thank Erik for his considerable contribution to SBM Offshore and in leading our commitment to do business with integrity.

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Erik Lagendijk said: It is extremely satisfying to see that the Company has overcome its past issues and is now well positioned for the future. After 7 years on the Management Board, I welcome the change and the opportunity to hand over to the next generation.

Corporate Profile

The Companys main activities are the design, supply, installation, operation and the life extension of floating production solutions for the offshore energy industry over the full lifecycle. The Company is market leading in leased floating production systems, with multiple units currently in operation.

As of December 31, 2020, the Company employs approximately 4,570 people worldwide spread over offices in our key markets, operational shore bases and the offshore fleet of vessels.

SBM Offshore N.V. is a listed holding company headquartered in Amsterdam, the Netherlands. It holds direct and indirect interests in other companies.

Where references are made to SBM Offshore N.V. and /or its subsidiaries in general, or where no useful purpose is served by identifying the particular company or companies SBM Offshore or the Company are sometimes used for convenience.

For further information, please visit our website at http://www.sbmoffshore.com.

The Management BoardAmsterdam, the Netherlands, January 13, 2022

Financial Calendar

Date

Year

Full Year 2021 Earnings

February 10

2022

Annual General Meeting

April 6

2022

First Quarter 2022 Trading Update

May 12

2022

Half Year 2022 Earnings

August 4

2022

Third Quarter 2022 Trading Update

November 10

2022

For further information, please contact:

Investor RelationsBert-Jaap DijkstraGroup Treasurer and IR

Mobile:

+31 (0) 6 21 14 10 17

E-mail:

bertjaap.dijkstra@sbmoffshore.com

Website:

http://www.sbmoffshore.com

Media RelationsVincent KempkesGroup Communications Director

Mobile:

+377 (0) 6 40 62 87 35

E-mail:

vincent.kempkes@sbmoffshore.com

Website:

http://www.sbmoffshore.com

Disclaimer

This press release contains inside information within the meaning of Article 7(1) of the EU Market Abuse Regulation. Some of the statements contained in this release that are not historical facts are statements of future expectations and other forward-looking statements based on managements current views and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance, or events to differ materially from those in such statements. Such forward-looking statements are subject to various risks and uncertainties, which may cause actual results and performance of the Companys business to differ materially and adversely from the forward-looking statements. Certain such forward-looking statements can be identified by the use of forward-looking terminology such as believes, may, will, should, would be, expects or anticipates or similar expressions, or the negative thereof, or other variations thereof, or comparable terminology, or by discussions of strategy, plans, or intentions. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in this release as anticipated, believed, or expected. SBM Offshore NV does not intend, and does not assume any obligation, to update any industry information or forward-looking statements set forth in this release to reflect subsequent events or circumstances. Nothing in this press release shall be deemed an offer to sell, or a solicitation of an offer to buy, any securities.

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This ‘Monopoly ‘ extension adjusts the game with inequalities – AdAge.com

Posted: at 5:40 am

As anyone who's ever played a competitive family game of Monopoly knows, there's nothing more likely to get people riled up about unfairness. But now a different version of the game is leveraging this idea to get children's attention about injustice and inequality in the real world.

French nonprofit theObservatory of Inequalities and agency Herezie have created a toolkit extension that adjusts the popular Hasbro board game to includevarious aspects of real-life inequality.For example, girls earn less than boys by going through square one, some players start the game with a heritage of houses positioned on the board and others are limited to playing only with one dice.

Unlike traditional play, players are not treated equally. Everyone puts themselves in the shoes of a character, dealt out at the start of the game, and discovers, through the rules and event cards, injustices that may or may not apply to them.

Herezie created the toolkitfollowing an initial video it made in 2017 for the organization. It showed kids playing a "social board game" adapting the rules of Monopoly. The idea is for the toolkit to be used in schools for kids over 11, as part of a workshop with a facilitator to explain the various injustices that occur, but it's also available for anyone to buy at the website.

The kit has been approved by Hasbro and is also endorsed by the French government.

"The initiative is fantastic for the simple reason that you can tackle extremely serious and important topics in a playful way and in a way that makes young people want to take an interest in the issue, said Elisabeth Moreno, theFrench minister responsible for Equality between Women and Men, Diversity and Equal Opportunities, in a statement.

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Interview With Rory Moore, CEO Of Arctic Canadian Diamond Co. – JCK

Posted: at 5:40 am

Rory Moore (pictured) has worked at Ekati, the first diamond mine in Canadas Northwest Territories, on and off for years. He was part of the original crew that first developed the mine in the 1990s. In 2018, he rejoined what was then called Dominion Diamond. He then became its interim president in January 2020, and in November, he was appointed the full-time CEO of what is now called the Arctic Canadian Diamond Co.

Here, he talks with JCK about his view on the diamond market, how Arctic looks at Canadian cutting and Canadian-origin stones, and why Ekati might confound expectations and stay around for a while.

Can you bring us up to date on whats happening with Ekati and its current ownership structure?

With the onset of COVID, the diamond market closed. We had a partnership with Rio Tinto in the Diavik mine, which is a neighboring mine. After COVID, we [initially] elected to put Ekati on care and maintenance, because we had $200 million worth of diamonds in inventory, but we couldnt sell them. We didnt want to burn through our cash reserves quickly. However, when Diavik did continue to operate, we were obliged to pay our 40% interest in the operating costs, and that would have very quickly have chewed up our cash reserves. So, we [filed] for CCAA [insolvency protection].

That triggered its sale process and the former owners, Washington, participated in that and ultimately withdrew their bid to buy the assets, and then the debt holders stepped in, represented by the three principal organizations: DDJ Capital, Brigade Capital, and Western Asset Management. The three of them stepped in and bought the assets and [provided us] with some additional cash to reopen the mine and get going again.

We restarted the mine in January last year, which is in the dead of the Arctic winter, so that was challenging. We had lots of startup problems, but ultimately now we have got the mine running at a steady state. Fortunately, we had some nice tailwinds from a strong rough diamond market last year, so prices were very robust and that really helped us with our restart. We met our revenue targets last year despite all the challenges.

You have said you want to extend the mine life. How do you plan to do that?

The best days of Ekati are behind us in terms of quality of ore bodies. During the early years, when BHP owned the mine, the ore bodies were very rich and very close to the central infrastructure at the mine, which is the process plant. So operating costs were very low, and revenue was very high. It was a highly profitable mine.

As time has gone on, those bodies have been mined out, and we are now mining lower-value ore bodies further away from the plant. Our main open pit, Sable, is 17 kilometers north of the process plant. Its a lower-revenue ore body and theres additional transportation and logistics involved in getting the ore from the open pit to the process plant. Then, to the south, weve got our Misery underground mine, which is a high-revenue ore body that has now gone underground, so its mining at a lower production rate. And thats 25 kilometers south of the processing plant, so again, weve got to transport the ore to the plant.

What we faced going forward is, as these ore bodies come to their natural end, Stable in particular, they were not valuable enough to support conventional underground mining. And, so, what weve done is over the past four yearsand this is what Ive been working onis looking at alternative, more creative ways to mine these ore bodies so we can still mine them profitably.

Weve come up with a system, its called underwater remote mining. Essentially, we flood the pit, and after the open pit mining is completed, and we continue to mine it underwater, using specialized underwater surface mining machines that weve developed in conjunction with a company out of Holland called Royal IHC. We are very confident that its going to work, and the beauty of this method is that you only mine ore and not waste. So, with conventional mining, you have to mine a lot of waste. In fact, at Sable, theres seven times more waste [being mined] than ore. If you remove all that waste mining, suddenly your costs are dramatically lower, and youve got a profitable mining operation again. Thats the way we are going into the future.

We have designed all the equipment, and we are going to construct the first of that equipment this year. Then, were going to do a big production trial in 2024. Were building equipment this year, and then over 2023 and 2024, were gonna test that equipment and then implement it in 2024 for future mining at Sable, and then extend that to other ore bodies. The future of Ekati is underwater remote mining, which has not been done in this sort of setting at all in the past. We are spearheading some new innovative mining techniques.

Assuming that all comes to fruition, how long will that extend the mine life?

Initially, the first phase will take us to 2029. The other thing that were doing at the moment is developing a new conventional open-pit mine at the same time. That will take us to 2028. We also have the opportunity to extend mine life through underwater remote mining at Point Lake. That ore body has 50 million tons of kimberlite in it. So, if the underwater remote mining works, well get an additional 10 years of mining out of Point Lake. Then, we have another ore body that was mined by BHP called Fox, and that has 40 million tons of kimberlite left in it. Weve done studies to potentially develop it with underground conventional mining, and it doesnt make the grade. So, we would look to mine that underwater as well, which would add another 10 years of mine life. So, essentially, we have decades of mine life extension, but we have to prove the system first.

You said youre confident that will work.

Yes. Im very confident. Components of the technology have been routinely used in other applications, in conventional dredging operations throughout the world. We are putting it all together in a system that hasnt been used in this application. None of it is rocket science. Its all proven technology.

The owners have been very supportive, and they have been very open to funding our development of [the underwater remote mining] method. Weve got a stable operation now, and our immediate focus is to pay down the debt that we have, and weve already started that process this year. We had a good revenue year, and weve already paid down the debt very substantially.

There have been concerns raised about underwater mining from an environmental point of view. How do you respond to that?

In fact, this method is significantly more environmentally friendly than open-pit mining. Thats because, firstly, you dont have any big waste dumps. So, all that footprint of the waste dumps interfering with caribou migration or changing the landscape, that goes away. You have a closed water system, so all the water thats in the mine [goes to] a pond next door to the open-pit mine, where well settle out the sedimentary material. It will be a closed system. So, no water thats been disturbed or polluted in any way will get out into the secondary environment. Its very much contained and has an incredibly small footprint.

The machine has been devised so that all the hydraulic fluids in the machine are biodegradable. Id be lying to you if I said were not going to burst hydraulic hoses once in a while. We will have hydraulic oil spills, but [they will be] biodegradable hydraulic oils by design that will not contaminate the water in any meaningful way. So, the environmental impact is much lower, and thats a positive for the project as well.

What has been the reaction from the local community to Ekati restarting?

Our northern partners are very relieved that we are back in production. We have a lot of training and career opportunities for people of the north. There was big relief that we did come through the CCAA process, that weve hired a whole lot of new people, and our training programs, apprenticeship programs, leadership programs are back in place. Weve got partnerships with the local indigenous groups and communities. Theyve supported us very well, as has the government of Northwest Territories. Its all pretty positive, after a tough period of 10 months not being in production

You no longer have 40% ownership in the Diavik mine, as Rio Tinto took it over. How does that affect you?

On a practical basis, it doesnt impact us much, because we were essentially a passive partner in that. Rio Tinto operated that mine and we just participated in quarterly management committee meetings. It doesnt impact our workforce in any way, as we had nobody working at Diavik.

What it does impact is the product mix that we take to the market. We used to have a big production out of Ekati, supplemented by a fairly significant production out of Diavik, which gave us higher carats and higher volumes to sell into the rough market and gave us more options for product mix for our clients. Weve lost a bit of flexibility in accommodating our clients exact needs when it comes to the product mixes.

But the productions are fairly similar between Ekati and Diavik. So, the impact of that hasnt been too significant. Its more that weve just got a lower volume of diamonds to sell.

Your company has been renamed Arctic, which is probably a more potent name from a marketing point of view, in that it symbolizes Canada. Do you expect to get more involved in marketing your product?

We recognize that we are diamond producers, and thats what weve got to focus on. We are an active member of the Natural Diamond Council, and so we actively participate in that and contribute to that initiative through our membership fees. We think that the Natural Diamond Council is doing a great job of promoting natural diamonds. We recognize that if you wanted to do a good job of marketing a luxury product like diamonds, youve got to have a big budget for that, and thats just not where we fit in. All of us producers together are much more powerful than individuals trying to do that separately.

A lot of producers are looking into origin certification? Will you do that?

A percentage of our diamonds are sold through the Canadamark program. They tend to be the higher-quality goods. We think its an important consideration, given that the new generations of customers are much more concerned about the origin of the products that they buy and that the products have been produced a sustainable way. I think Canadian-origin diamonds are highly prized by millennials because they know that Canada has high environmental guidelines and social economic guidelines and the way we run our mines in Canada is of the highest standard. Thats not to say that a diamond produced in Africa has not been ethically produced, because the big mines in Africa are run according to the highest international standards. There may be a perception that all these African [stones] are still blood diamonds, but the reality is that the absolute majority of diamonds coming out of Africa are produced in a very ethical way. But Canada does have brand appeal.

Theres been talk of new factories in Canada. Thats been tried before, and it didnt work. Do you think Canadian cutting has a future?

I think its always going to be a challenge to manufacture diamonds in Canada, particularly in the north. You are competing against India, and India has really done an incredible job of capturing that part of the supply chain of diamonds. You cant compete on costs, and they actually have become incredibly skilled at polishing diamonds.

Its admirable to see people try, because the more we can capture business opportunities in Canada, the better. But I think its a struggle.

Do you expect rough diamond prices to continue to remain strong?

At the moment, everybody in the business expects that rough diamond prices will remain strong in the short- to medium-term. Obviously, its very difficult to predict longer term. Supply has been impacted by COVID, so supply of rough diamonds is lower than it was forecast to be. Demand is incredibly strong, fueled mostly by the U.S. and China. Theres been very strong demand for our product, and the commentary over the holiday season was that sales were very strong on the retail side. In the short-term, I think the macro factors for our industry, and for rough diamond prices, are very good.

(Photos courtesy of Arctic Canadian Diamond Co.)

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Adagio Therapeutics Summarizes ADG20 Neutralizing Activity Against SARS-CoV-2 Variants and Outlines Initiatives to Address Omicron – Financial Post

Posted: at 5:40 am

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Recent Publications by Several Independent Laboratories Show ADG20 Has Neutralizing Activity with Potency Comparable to Other Antibodies that Retain Activity Against Omicron

Multiple Efforts Underway to Address Omicron and Potential Future SARS-CoV-2 Variants

WALTHAM, Mass., Jan. 12, 2022 (GLOBE NEWSWIRE) Adagio Therapeutics, Inc., (Nasdaq: ADGI), a clinical-stage biopharmaceutical company focused on the discovery, development and commercialization of antibody-based solutions for infectious diseases with pandemic potential, today summarized recent findings reported in three separate publications that show ADG20, its lead monoclonal antibody (mAb), has neutralization activity against the Omicron (B.1.1.529) variant of SARS-CoV-2, and outlined initiatives to address current and future SARS-CoV-2 variants of concern. Adagio is evaluating ADG20 in its global Phase 2/3 clinical trials for both the prevention and treatment of COVID-19. Adagio is engaging with the U.S. Food and Drug Administration (FDA) regarding potential protocol updates to its global Phase 2/3 clinical trials, including an increased dose of ADG20 for the potential prevention and treatment of COVID-19 resulting from the Omicron variant.

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ADG20 Neutralizing Activity Against Omicron Recently published in vitro studies examined the neutralization potencies of large panels of mAbs against the Omicron variant in both authentic and pseudovirus assays. Findings across all three studies show that among mAbs in late-stage clinical development or with Emergency Use Authorization (EUA), ADG20 is one of only a few mAbs that demonstrated neutralizing activity against Omicron. Across two distinct authentic neutralization assays against Omicron, the data show that ADG20 had an IC 50 , a measurement of neutralization potency, of approximately 0.4 to 1.1 g/mL, which is comparable with the two other active mAbs, sotrovimab and AZD7742.

What is critical to assessing potential clinical effectiveness of SARS-CoV-2 mAbs is the neutralization potency by the mAb against a specific variant. While findings may show that ADG20 has reduced potency against Omicron when compared to its high potency against all other variants of concern, including Delta, the data support that ADG20 is among the few mAbs to demonstrate neutralizing activity against the Omicron variant and warrants its continued development, said Laura Walker, Ph.D., chief scientific officer and co-founder of Adagio.

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These data add to previously reported in vitro data from a variety of preclinical studies that showed that ADG20 retains activity against other variants of concern including Alpha, Beta, Delta and Gamma, and that ADG20 retains neutralizing activity against a diverse panel of circulating SARS-CoV-2 variants, including the Lambda, Mu and Delta plus variants.

Clinical Trial Update to Address Omicron Adagio is continuing evaluation of ADG20 in its EVADE and STAMP clinical trials. Adagio is engaging with the FDA on dosing strategy, including an increased dose of ADG20 and other protocol updates in light of the spread of the Omicron variant. Adagio is pausing the enrollment of new patients in the300 mg dose arm in both clinical trials as the company updates its protocols. Follow-up and monitoring of patients previously administered ADG20 are continuing per the original protocols.

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Additional Efforts to Address Omicron and Future Variants In addition to its clinical trial updates, Adagio is pursuing multiple strategies to address both Omicron and potential future variants that may emerge. Leveraging its exclusive partnership with Adimab LLC, a global leader in antibody engineering, Adagio is exploring the potential to engineer ADG20 to further improve binding to the Omicron variant to enhance its neutralization potency against Omicron while retaining its broad neutralization against other SARS-CoV-2 variants of concern. In parallel, Adagio is assessing several hundred mAbs from its proprietary library of previously isolated SARS-CoV-2 antibodies for their neutralization potency against Omicron. Such an additional neutralizing mAb could be developed as a stand-alone product or as part of a combination approach. These efforts are underway, and the company anticipates preliminary findings from its research in the first quarter of 2022.

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SARS-CoV-2 is a quickly evolving virus, and at Adagio, we are committed to adapting just as quickly. It is abundantly clear that no single product will fully address the evolving nature of the COVID-19 pandemic, and that multiple preventative and therapeutic solutions are needed. Based on both in-house data and third-party findings, we are confident that ADG20 can be an important tool in the fight against this virus, added Tillman Gerngross, Ph.D., co-founder and chief executive officer of Adagio.

About ADG20 ADG20, an investigational monoclonal antibody targeting the spike protein of SARS-CoV-2 and related coronaviruses, is being evaluated in global clinical trials for the prevention and treatment of COVID-19, the disease caused by SARS-CoV-2. ADG20 was designed to possess high potency and broad neutralization activity against SARS-CoV-2 and additional clade 1 sarbecoviruses by targeting a highly conserved epitope in the receptor binding domain. ADG20 was further engineered to provide an extended half-life for durable protection. In vitro data from a variety of preclinical studies have shown that ADG20 retains neutralizing activity against all known SARS-CoV-2 variants of concern. In a Phase 1 trial, ADG20 was well-tolerated with no safety signals identified through a minimum of three months follow-up across all cohorts. ADG20 has not been approved for use in any country, and safety and efficacy have not yet been established.

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About Adagio Therapeutics Adagio (Nasdaq: ADGI) is a clinical-stage biopharmaceutical company focused on the discovery, development and commercialization of antibody-based solutions for infectious diseases with pandemic potential, including COVID-19 and influenza. The companys portfolio of antibodies has been optimized using Adimabs industry-leading antibody engineering capabilities and is designed to provide patients and clinicians with the potential for a powerful combination of potency, breadth, durable protection (via half-life extension), manufacturability and affordability. Adagios portfolio of SARS-CoV-2 antibodies includes multiple non-competing, broadly neutralizing antibodies with distinct binding epitopes, led by ADG20. Adagio has secured manufacturing capacity for the production of ADG20 with third-party contract manufacturers to support the completion of clinical trials and initial commercial launch, ensuring the potential for broad accessibility to people around the world, if authorized or approved for use. For more information, please visit http://www.adagiotx.com .

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Forward Looking Statements This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as anticipates, believes, expects, intends, projects, and future or similar expressions are intended to identify forward-looking statements. Forward-looking statements include statements concerning, among other things, the timing, progress and results of our preclinical studies and clinical trials of ADG20, including the initiation, modification and completion of studies or trials and related preparatory work, including our plans to evaluate dosing regimens and other protocol updates in our clinical trials, the period during which the results of our clinical trials and other studies and research activities will become available, and our research and development programs; our ability to obtain and maintain regulatory approvals for our product candidates; our pursuit of other strategies to address the Omicron variant, including modification of clinical trial protocols; and other statements that are not historical fact. We may not actually achieve the plans, intentions or expectations disclosed in our forward-looking statements and you should not place undue reliance on our forward-looking statements. These forward-looking statements involve risks and uncertainties that could cause our actual results to differ materially from the results described in or implied by the forward-looking statements, including, without limitation, the impacts of the COVID-19 pandemic on our business, clinical trials and financial position, unexpected safety or efficacy data observed during preclinical studies or clinical trials, the predictability of clinical success of ADG20 based on neutralizing activity in pre-clinical studies, variability of results in models used to predict activity against SARS-CoV-2 variants of concern, clinical trial site activation or enrollment rates that are lower than expected, changes in expected or existing competition, changes in the regulatory environment, and the uncertainties and timing of the regulatory approval process, including the outcome of our discussions with regulatory authorities concerning our Phase 2/3 clinical trials. Other factors that may cause our actual results to differ materially from those expressed or implied in the forward-looking statements in this press release are described under the heading Risk Factors in Adagios Quarterly Report on Form 10-Q for the quarter ended September 30, 2021 and in Adagios future reports to be filed with theSEC. Such risks may be amplified by the impacts of the COVID-19 pandemic. Forward-looking statements contained in this press release are made as of this date, and Adagio undertakes no duty to update such information except as required under applicable law.

Contacts: Media Contact: Dan Budwick, 1AB Dan@1abmedia.com

Investor Contact: Monique Allaire, THRUST Strategic Communications monique@thrustsc.com

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Auburn alumnus, Extension coordinator competing on FOX’s ‘Next Level Chef,’ cooking for change – Office of Communications and Marketing

Posted: at 5:40 am

While competing on Gordon Ramseys new cooking show Next Level Chef, Auburn alumnus Jonathan Harrison was cooking with a cause: to bring Southern cooking to the world by being the face of progressive Southern food.

My goal with food is to use it as a tool to facilitate conversations that move the South forward and bring positive change for everyone in the South, said Harrison. With good food you can get different people to sit across from each other at a table, and thats where those conversations start that bring empathy and understanding. Thats how change happens.

The Columbiana, Alabama, native was one of 15 chefs competing for the $250,000 first-place prize on the new FOX show, the brainchild of celebrity chef Ramsay that was filmed in Las Vegas in September and is airing on Wednesday nights at 8 p.m. CT. Harrison, 29, studied journalism in the College of Liberal Arts and has worked as a chef, realtor and on-site coordinator for the 4-H Youth Development Center in his hometown since graduating from Auburn.

Harrisons love for Southern cooking has influenced him since he was a child. Growing up in what he calls a food-centric family placed some of his happiest times around a dinner table or at Sunday lunches. Harrison says that what he most looked forward to on weekends wasnt watching football or cartoons on television, but cooking shows like Ina Gartens Barefoot Contessa.

I remember watching Ina Garten on Food Network and was like, Wow, that looks good, Harrison said. I kept thinking I might be able to cook that if I could just get someone to buy me the ingredients. I just always absorbed it really easily.

Even though he had grown up in a family of Alabama fans, Harrison said he saw the light when he was 19 while visiting a friend on Auburns campus. The impact the university had on him was instantaneous. He transferred to Auburn and completed a degree in journalism, an experience he fondly remembers.

It felt like home immediately, and I loved it so, so much, Harrison said. Auburn feels like family, and thats what I love about it. It really is the most loving community, loving campus, family-oriented place, and I loved it.

Even when I was in the throes of my major, I felt so comfortable. I cant say enough good things about the communications and journalism department at Auburn.

While a student at Auburn, Harrison also learned to cook with limited means, a skill that would help him compete on Next Level Chef.

For a couple of years, I had to figure out how to make really good things on a very tight budget, he said. That really helped me figure out how to make things with not a lot to work with.

Originally, Harrison had considered a career in food journalism after graduating, but he ultimately changed his mind. Even though his career path changed, his love for cooking never left him. Harrison began posting photos of the meals he would cook at home on his Instagram page, and soon people began asking to get a taste of his food.

I started having driveway dinners during COVID, because we couldnt be inside and I couldnt host dinner parties, Harrison said. Thats when I started to realize that maybe I was better than I thought I was, or maybe I had the potential to be good.

I have always admired Southern Living, Bon Appetit, NYT Cooking and those type of things I read because you have to read to get good at something. You have to read, research and practice.

A friend sent Harrison a link to the application for Next Level Chef, but he shied away from applying and decided against it. After two weeks, Harrison had a change of heart and filled out and submitted the application. Even after receiving a text message asking to speak with him from the Next Level Chef team, Harrison could hardly believe there was a possibility of him making the show.

I didnt believe it was happening to me until wheels were up in September and I was headed to Las Vegas, he said.

The show turned into the experience of a lifetime for Harrison.

The experience was the best in my life, Harrison said. Ive never put myself in such an emotional pressure-cooker like that. I mean, youre cooking for arguably the heaviest hitter in the food game and two people he has deemed heavy hitters in the food game, so you are constantly nervous about them judging your food.

It was nerve-wracking, but the growth that I achieved while I was there was astonishing, and Im just really proud of putting myself out there.

Also, just as valuable as the knowledge gained were the friendships Harrison made while on the show.

I made friends that Ill always have who are from all walks of life, from all over the United States, and it was amazing, Harrison said. I mean, thats my whole deal. My whole deal is taking the South to the world and bringing the world to the South.

Now back in his hometown, Harrison works as a camp coordinator for the science school at the Alabama 4-H Center in Columbiana, Alabama. The 4-H Center is the central location of the Alabama 4-H Program, which is part of the Alabama Cooperative Extension System. Alabama Extension is the primary outreach and engagement organization for the land-grant mission of Alabama A&M and Auburn University, in cooperation with Tuskegee University.

Harrison helps book school trips to the center, organize activities for the groups and makes sure that everyone is prepared for a successful trip. He also books activities for groups using the conference center. The chance to interact with and have an impact on the youth of Alabama every day is the best part of the job for Harrison.

My favorite part of the job is the people and the kids, Harrison said. I get to interact with so many people from different places and get to really see the kids learn and grow on a daily basis, and thats really rewarding.

Kristy Abrams, director of the Alabama 4-H Center, was able to see Harrison put his passion for cooking into action while at work.

During COVID, the Alabama 4-H Center had to be creative to attract individuals because groups were not traveling, Abrams said. We hosted a variety of events: Great Family Stay-Cays, a music festival, Fourth of July event and a Fall Garden event. The 4-H Center had Jonathan prepare a farm-to-table meal for the Fall Garden event.

Jonathan could go from team building, to lifeguarding, to rocking out a campfire to preparing and cooking an incredible meal during these events. I was so proud when he told me he had been selected to be a contestant. He has a passion for people and a passion for food and was able to bring those two things together following his dreams.

Molly Gregg, assistant director of the 4-H Program, doesnt believe that there could have been a better person to represent the 4-H Program.

Jonathan represents the 4-H ideal, Gregg said. He discovered a passion for cooking that he shares with his community to build and create opportunities for people to feel a sense of belonging and have fun.

It is so fun to watch him now and think about him as a young 4-H camp counselor. He has been a shining light on the youth of Alabama and his community for a long time.

Looking forward, Harrison hopes to continue to push for change through his cooking however he can.

Id love to be out there as the face of progressive Southern food and really just push for equality for all groups of people all over the South and be accepting, loving and spreading the message of radical empathy as much as I can, Harrison said. Anywhere I can do that is where I want to be.

For Harrison, Auburn will always have a special place in his heart for the role it has played in his life.

I love Auburn so, so much, and I think Auburn changed the trajectory of my life, Harrison said. Im just so happy to hopefully be representing Auburn well.

Harrison offers further insight into his passion for cooking and his Southern roots on his Instagram page.

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Auburn alumnus, Extension coordinator competing on FOX's 'Next Level Chef,' cooking for change - Office of Communications and Marketing

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