“With the modern drilling and the recoveries we saw this year, we have a really good chance to increase just from infilling the historic zones to really bulk that resource out as well,” he said. Approximately 20 percent of future drilling efforts will focus on fresh exploration targets like Galleon and Horseshoe, according to Wallis....
Tag: investing news
Tech 5: Bitcoin Breaks US$100,000, Saylor's MicroStrategy Loads Up
Tech stocks surged this week as US and Canadian jobs data bolstered interest rate cut expectations. “Big Tech has run wild for years, stifling competition in our most innovative sector and, as we all know, using its market power to crack down on the rights of so many Americans, as well as those of Little...
FireFly Drills its Best Hole Yet with Assay of 86.3m at 3.7% CuEq
Intersection includes two distinct VMS lodes grading 15.5m @ 4.6% CuEq and 9.9m @ 5.8% CuEq above a broad copper FWZ intersection with a high-grade core of 27.6m @ 5.3% CuEq Intersection includes an upper VMS lode grading 20.1m @ 6.1% CuEq above multiple FWZ intersections including 24.0m @ 2.6% CuEq and 11.0m @ 2.4%...
Top 5 Canadian Mining Stocks This Week: Sanu Gold Sparkles with 200 Percent Gain
Welcome to the Investing News Network’s weekly look at the best-performing Canadian mining stocks on the TSX, TSXV and CSE, starting with a round-up of Canadian and US news impacting the resource sector. Overall, the labor market remained strong in November, with the unemployment rate seeing little change at 4.2 percent, up from 4.1 percent...
Strategic Expansion of MacBride Base & Precious Metal Project in Canada
KEY HIGHLIGHTS The Company has physically staked and made applications for new Mining Claims that increases the MacBride project area from ~26km2 to ~56km2, covering a contiguous ~14km strike length of the prospective MacBride/Wellmet trend (Figure 1). The new Claims are pending grant by the Manitoba Provincial Government. The new area hosts several prospects identified...
Drilling Commences at the Barra Lithium Project in Brazil
The Barra Lithium Project consists of four recently acquired tenements that are located within close proximity to the existing operating Miranda Lithium mine that is within the Borborema Pegmatitic Province (“BPP”) in northeast Brazil. Summit has completed extensive ground mapping and sampling across the Barra Project that has highlighted multiple, newly discovered quartz outcrops that...
Crypto Market Forecast: Top Trends That Will Affect Crypto in 2025
The cryptocurrency market is heading into 2025 on the heels of a bull run sparked largely by converted crypto advocate Donald Trump’s impending return to the White House. Bitcoin and Ethereum performed strongly in H2 2024, joined by emerging contenders Solana, XRP and Cardano. Their surges accelerated after the election on the back of growing...
Gold Price 2024 Year-End Review
Gold saw incredible price gains in 2024, rising from US$2,000 per ounce to close to US$2,800. Various factors have lent support, including 75 basis points worth of interest rate cuts from the US Federal Reserve, geopolitical instability in Eastern Europe and the Middle East and uncertainty in global financial markets. Of course, it wasn’t all...
US$30 Million Prepayment Term Sheet and Offtake Agreement Executed with a Global Commodities Trader
In conjunction with the Offtake Agreement, the Company, SHPL and Trafigura have executed a binding term sheet (the “Prepayment Term Sheet”) for a US$30 million prepayment facility (the “Prepayment Facility”) which is subject to the satisfaction of certain conditions precedent. HIGHLIGHTS OF THE PREPAYMENT AND OFFTAKE TRANSACTIONS Prepayment Term Sheet Offtake Agreement Boab Managing Director...
Zero Candida Receives South African Patent for its ZC- 01 device
Zero-Candida T technologies, Inc. (ZCT) is FemTech developing an AI smart tampon-like device based on a therapeutic light source with a selected wave-length and intensity that can treat the Candida fungus successfully of 99.999% an POC overnight. Vulvo-Vaginal Candidiasis (“VVC”) affects about 75% of women globally, and ZCT’s device is game changer that has the...