Brightstar Resources (BTR:AU) has announced Canaccord Global Mining Conference Presentation
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FPX Nickel Corp. (TSX-V: FPX) (OTCQB: FPOCF) (‘ FPX ‘ or the ‘ Company ‘) is pleased to provide an update on the activities of its affiliate company, CO2 Lock Corp. (‘ CO2 Lock ‘).
Background
In 2022, FPX announced the formation of CO2 Lock as a self-funding subsidiary to pursue geoscience-related carbon capture and storage (‘ CCS ‘) opportunities via permanent mineralization of carbon dioxide. FPX retains 100% of the carbon credits associated with CCS on FPX’s own properties, and can use any intellectual property developed by CO2 Lock for the benefit of FPX’s own properties.
Since its inception, CO2 Lock has completed multiple field programs at its flagship SAM site in central British Columbia , including a successful CCS field program in 2023, which included drilling an exploration well. This achievement marked a significant milestone in the development of CO2 Lock’s innovative in-situ CO 2 mineralization technology.
Commercial Updates
In recent months, CO2 Lock has achieved several commercial milestones, including the signing of preliminary agreements with key counterparties in the CCS value chain as follows:
- Letter of Intent with Cielo Carbon Solutions (‘ Cielo ‘) and Carbon Quest outlining the framework for capturing and sequestering 100,000 tonnes of CO 2 per year, scaling up to a target of 1 million tonnes per year. This strategic relationship combines Cielo and Carbon Quest’s point-source carbon capture solution with CO2 Lock’s storage solution to create an end-to-end value chain from industrial emitters to the permanent storage of carbon dioxide.
- Memorandum of Understanding with Ionada Carbon Solutions LLC (‘ Ionada ‘) to pursue a variety of commercial arrangements relating to the capture and storage of carbon dioxide and the related sale of carbon credits into the commercial market. The collaboration will integrate Ionada’s proprietary carbon capture technology with CO2 Lock’s permanent mineralization storage solutions, creating end-to-end carbon capture storage systems that are cost-effective and scalable.
- Letter of Intent with a leading carbon marketplace platform (the ‘ Platform ‘), under which the Platform will purchase up to 33% of the carbon credits generated annually from CO2 Lock’s flagship SAM carbon sequestration site, representing the potential for over 300,000 verified carbon credits (tonnes) per year.
Following the successful field program in 2023, CO2 Lock has submitted an application for a carbon capture and storage exploratory reservoir license with British Columbia’s Ministry of Energy and Climate Solutions. Receipt of this license would provide CO2 Lock with the regulatory approval to advance the project towards commercial operations at the SAM project.
CO2 Lock Financing and Restructuring
CO2 Lock recently completed the final $600,000 tranche of its latest funding round, which raised a cumulative total of $1.7 million through a Simple Agreement for Future Equity (‘ SAFE ‘) from third-party investors. Since its inception, CO2 Lock has raised a total of approximately $3.4 million from third-party investors.
In connection with the closing of the SAFE round, FPX and CO2 Lock have agreed to a restructuring of CO2 Lock’s capital structure such that FPX’s undiluted ownership interest in CO2 Lock has been reduced from approximately 88% (prior to the SAFE round) to 30% (on conclusion of the SAFE round). This restructuring better positions CO2 Lock to seek additional funding from third party investors going forward, while ensuring that FPX retains a meaningful ownership interest in CO2 Lock and enduring rights to utilize CO2 Lock’s intellectual property for the benefit of FPX’s own properties.
About FPX Nickel Corp.
FPX Nickel Corp. is focused on the exploration and development of the Baptiste Nickel Project, located in central British Columbia , and other occurrences of the same unique style of naturally occurring nickel-iron alloy mineralization known as awaruite. For more information, please view the Company’s website at https://fpxnickel.com/ or contact Martin Turenne , President and CEO, at (604) 681-8600 or ceo@fpxnickel.com .
On behalf of FPX Nickel Corp.
‘Martin Turenne’
Martin Turenne , President, CEO and Director
Forward-Looking Statements
Certain of the statements made and information contained herein is considered ‘forward-looking information’ within the meaning of applicable Canadian securities laws. These statements address future events and conditions and so involve inherent risks and uncertainties, as disclosed in the Company’s periodic filings with Canadian securities regulators. Actual results could differ from those currently projected. The Company does not assume the obligation to update any forward-looking statement.
Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.
SOURCE FPX Nickel Corp.
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Apollo Silver Corp. (‘Apollo’ or the ‘Company’) (TSX.V: APGO, OTCQB: APGOF, Frankfurt: 6ZF0) is pleased to announce it has acquired 2,215 hectares (‘ha’) of highly prospective claims contiguous to its Waterloo property at its Calico Silver Project (‘Calico’ or ‘Calico Project’). The newly acquired claims herein referred to as the Mule claims comprise 415 lode mining claims, and have been acquired from LAC Exploration LLC (‘LAC’), a wholly-owned subsidiary of Lithium Americas Corp. (TSX: LAC; NYSE: LAC), who were the previous operators of the property. Preliminary mapping and sampling conducted by the prior operator of the Mule claims identified several high-grade silver targets, which will be evaluated as part of Apollo’s future exploration planning.
In addition, a mapping and sampling program was recently completed at the Burcham gold prospect area in the southwest region of the Waterloo property (see news release dated February 12, 2025). This program confirmed the importance of the Calico fault system with respect to controls on the silver (‘Ag)’ and gold (‘Au’) mineralization in the area and has identified the potential for copper (‘Cu’), zinc (‘Zn’) and lead (‘Pb’) mineralization associated with stratabound and mantos lenses.
Highlights:
- Mule claims expand the Calico Project land package by over 285%, from 1,194 ha to 3,409 ha of contiguous claims.
- Mule claims trend along the mineralized Calico Fault System responsible for mineralization seen at Calico.
- Reports from the prior operator indicate that there are several strongly anomalous silver values on the property, which Apollo will attempt to ground-truth in the coming exploration programs.
- Sampling done across the Mule claims by previous operator has identified a large Ag anomaly associated with the same suite of host rocks at the Waterloo property.
- Exploration at the Burcham prospect at Waterloo included assays from 27 surface samples:
- Assay peaks up to 14.10 g/t Au, 20.70 g/t Ag, 0.17% Cu, 22.80% Zn and 5.74 % Pb from various samples (see Table 1).
- Identification of strata-bound lenses and mantos that show strong potential for Cu, Zn and Pb mineralization.
Ross McElroy, President and CEO of Apollo, commented , ‘The addition of the Mule claims substantially enhances the Calico Project. Calico already hosts 3 discrete drill delineated zones with resource estimates along a 4km long trend, along the Calico fault zone. The Mule claims increase the overall land area of the Calico project by more than 2.5x. The new claims are strategically located to the east along the very prolific Calico mineralized corridor and represent a great opportunity for further discoveries. Apollo is committed to continuing to unlock value in California for our shareholders.’
Mule Claims Acquisition
The Mule claims are composed of 415 lode mining claims administered by the Bureau of Land Management. Mapping and sampling conducted by the previous operators across the Mule claims has identified a continuation of the mineralized Calico Fault System. The sedimentary rocks of the Barstow formation which hosts the Waterloo silver deposit, as well as the volcanic Pickhandle formation are pronounced all over the acquired claims. The contact between the Barstow and Pickhandle formation has demonstrated potential for gold mineralization as is seen at Waterloo. Sampling across the Mule claims has identified several strong Ag and Au anomalies. Apollo plans to conduct its own follow up exploration program on the Mule claims to better develop its own exploration targets and delineate where this highly prospective contact is exposed.
Details of the Transaction
The Mule claims were acquired by Apollo’s wholly owned U.S. subsidiary, Stronghold Silver USA Corp. (‘Stronghold’), from LAC. As consideration for the acquisition, Apollo paid US$250,000 in cash, and LAC retains a 2.0% net smelter return royalty (the ‘Royalty’) on the Mule claims.
Apollo, through Stronghold, retains the right to buy back 1.0% of the Royalty at any time on or before the date that is thirty (30) days from the date of commencement of commercial production, for a payment of US$1,000,000.
Figure 1: Map of Calico Project in San Bernardino, California
2025 Burcham Exploration Program
The Company has completed its previously announced surface exploration work at its Burcham prospect (see news release dated February 12, 2025). The work completed consisted of detailed mapping, sample collection and target generation, with the aim to follow up with future drilling.
The exploration team has completed some of the most detailed mapping to date at the Calico Project, including previous programs at Langtry and Waterloo. Structures dominating at Burcham are similar to those at Waterloo with the system being dominated by the Calico Fault, a sinuous moderately plunging reverse fault that dips steeply to the north. Potential for Au mineralization is strong along the contact of the Burcham and Pickhandle formations. Previously unrecognised, stratiform mantos and lenses occupying fold flexures show strong potential for Cu mineralization. This type of mantos have been historically mined on the north side of the Waterloo deposit, and occur near the contact between the Pickhandle Formation and the overlying Barstow Formation. Historic mining on the North side of Waterloo Deposit targeted a manto about 1.5 m thick. Copper mineralization is associated with strong hydrothermal alteration which is seen to diminish as you move eastward along the property. Assays of the sample results are presented in Table 1.
Figure 2: Summary Map of Burcham Exploration Program
Table 1: Location and Assay Results of Samples Collected
| Site ID | Sample ID | Easting | Northing | Elevation (m) |
Au (g/t) |
Ag (g/t) |
Cu (%) |
Zn (%) |
Pb (%) |
| A | F278051 | 511181 | 3867493 | 707 | 0.13 | 2.73 | 0.01 | 0.55 | 0.12 |
| B | F278052 | 511185 | 3867503 | 712 | 0.53 | 9.17 | 0.04 | 0.25 | 0.61 |
| C | F278053 | 511181 | 3867516 | 714 | 0.01 | 3.56 | 0.00 | 0.30 | 0.09 |
| D | F278054 | 511182 | 3867536 | 719 | 0.05 | 2.95 | 0.00 | 0.40 | 0.06 |
| E | F278055 | 511209 | 3867614 | 736 | 0.08 | 3.18 | 0.00 | 0.18 | 0.02 |
| F | F278056 | 511229 | 3867640 | 743 | 0.12 | 2.79 | 0.00 | 0.27 | 0.03 |
| G | F278057 | 511270 | 3867668 | 775 | 14.10 | 9.08 | 0.06 | 0.40 | 0.51 |
| H | F278058 | 511238 | 3867486 | 728 | 0.32 | 3.87 | 0.03 | 0.07 | 0.21 |
| I | F278059 | 511591 | 3867483 | 738 | 0.05 | 0.36 | 0.17 | 0.89 | 0.01 |
| J | F278060 | 511452 | 3867566 | 787 | 0.42 | 20.70 | 0.06 | 0.05 | 0.49 |
| K | F278061 | 511378 | 3867622 | 792 | 0.25 | 7.83 | 0.02 | 0.06 | 0.17 |
| L | F278062 | 511343 | 3867613 | 789 | 0.25 | 4.64 | 0.01 | 0.01 | 0.21 |
| M | F278063 | 511595 | 3867636 | 812 | 0.15 | 2.50 | 0.02 | 0.16 | 0.25 |
| N | F278064 | 511617 | 3867601 | 796 | 0.01 | 0.58 | 0.01 | 0.08 | 0.09 |
| O | F278065 | 511125 | 3867728 | 796 | 0.03 | 6.90 | 0.00 | 0.09 | 0.17 |
| P | F278066 | 511159 | 3867925 | 865 | 0.04 | 2.96 | 0.14 | 0.14 | 0.24 |
| Q | F278067 | 511179 | 3867932 | 864 | 0.03 | 0.61 | 0.02 | 0.19 | 0.03 |
| R | F278068 | 511016 | 3867837 | 857 | 0.00 | 17.30 | 0.00 | 0.07 | 0.01 |
| S | F278069 | 511283 | 3867661 | 777 | 12.45 | 15.95 | 0.08 | 0.29 | 0.74 |
| T | F278070 | 511302 | 3867680 | 794 | 4.58 | 9.02 | 0.15 | 0.37 | 5.74 |
| U | F278071 | 511363 | 3867570 | 781 | 1.13 | 12.65 | 0.02 | 0.06 | 0.32 |
| V | F278072 | 511478 | 3867509 | 772 | 0.72 | 10.25 | 0.03 | 0.04 | 0.59 |
| W | F278073 | 511519 | 3867501 | 764 | 0.16 | 2.73 | 0.04 | 0.08 | 0.17 |
| X | F278074 | 511485 | 3867458 | 753 | 0.05 | 2.56 | 0.01 | 14.75 | 0.10 |
| Y | F278075 | 511440 | 3867459 | 751 | 0.18 | 1.58 | 0.00 | 22.80 | 0.07 |
| Z | F278076 | 511377 | 3867520 | 748 | 1.52 | 5.90 | 0.02 | 0.09 | 0.21 |
| AA | F278077 | 511314 | 3867501 | 734 | 1.71 | 3.28 | 0.01 | 0.05 | 0.19 |
Sampling and Quality Assurance/Quality Control
Grab samples were collected in the field and a 2 kg representative sample was sent for analysis. Rock samples are catalogued and securely stored in a warehouse facility in Barstow, California until they are ready for secure shipment to ALS Global Geochemistry in Reno, Nevada (‘ALS Reno’) for sample preparation and gold analysis. After preparation, splits of prepared pulps are securely shipped to ALS Vancouver, British Columbia for analysis.
Samples were prepared at ALS Reno (Prep-31 package) with each sample crushed to better than 70% passing a 2 mm (Tyler 9 mesh, U.S. Std. No. 10) screen. A split of 250 g is taken and pulverized to better than 85% passing a 75-micron (Tyler 200 mesh, U.S Std. No 200) screen. Surface samples were analyzed using complete characterization via the CCP-PK05 methods, which include whole rock analysis (ME-ICP06), ME-MS61, single element trace method using aqua regia digestion and ICP-MS (ME-MS42) and rare earth elements using the method ME-ME81, which consists of lithium borate fusion followed by ICP-MS. All surface samples were submitted for gold analysis by fire assay (Au-AA23). Over-range samples analyzed for copper, lead and zinc were re-submitted for analysis using a four-acid digestion and ICP-AES finish (method OG62) with a range of 0.001-50% for copper, 0.001-20% for lead, and 0.001-30% for zinc. Gold was analyzed by fire assay with atomic absorption finish (method Au-AA25) with a reportable range of 0.01-100 ppm Au. All analyses were completed at ALS Vancouver except for gold by fire assay, which was completed at ALS Reno.
Apollo’s QA/QC program includes ongoing auditing of all results from the laboratories. The Company’s Qualified Person is of the opinion that the sample preparation, analytical, and security procedures followed are sufficient and reliable. The Company is not aware of any sampling issues or other factors that could materially affect the accuracy or reliability of the data reported herein.
2025 Marketing Initiatives
The Company also announces that it has engaged Creative Direct Marketing Group, Inc. (‘CDMG’), an arm’s-length service provider, to provide creative services in accordance with the policies of the TSX Venture Exchange (‘TSXV’) and applicable securities laws. Based in Nashville, Tennessee, CDMG specializes in marketing, advertising, and public awareness across various sectors, including mining and metals.
Pursuant to a work order dated May 16, 2025 (the ‘Agreement’), the Company has retained CDMG’s for a one-time fee of approximately US$129,800. The Agreement represents a creative budget for marketing and advertising services (the ‘Services’), enabling CDMG to begin preparing content that may be used in future campaigns. No specific marketing campaign has been prepared, approved, or scheduled at this time. The engagement is subject to the approval of the TSX Venture Exchange.
Qualified Person
The scientific and technical data contained in this news release was reviewed and approved by Isabelle Lépine, M.Sc., P.Geo., Apollo’s Director, Mineral Resources. Ms. Lépine is a registered professional geologist in British Columbia and a QP as defined by NI 43-101 and is not an independent of the Company.
About Apollo Silver
Apollo Silver has assembled an experienced and technically strong leadership team who have joined to advance quality precious metals projects in sought after jurisdictions. The Company is focused on advancing its portfolio of two prospective silver exploration and resource development projects, the Calico Project, in San Bernardino County, California and the Cinco de Mayo Project, in Chihuahua, Mexico.
Please visit www.apollosilver.com for further information.
ON BEHALF OF THE BOARD OF DIRECTORS
Ross McElroy, President and CEO
For further information, please contact:
Amandip Singh, VP Corporate Development
Telephone: +1 (604) 428-6128
Email: info@apollosilver.com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Cautionary Statement Regarding ‘Forward-Looking’ Information
This news release includes ‘forward-looking statements’ and ‘forward-looking information’ within the meaning of Canadian securities legislation. All statements included in this news release, other than statements of historical fact, are forward-looking statements including, without limitation the expected benefits and strategic rationale of the Mule claims acquisition; the timing, scope, and success of planned exploration activities, including mapping, sampling, and drilling at the Burcham prospect; the potential for silver, gold, and copper mineralization; and the Company’s ability to advance, develop, and permit the Calico Project. Forward-looking statements include predictions, projections and forecasts and are often, but not always, identified by the use of words such as ‘anticipate’, ‘believe’, ‘plan’, ‘estimate’, ‘expect’, ‘potential’, ‘target’, ‘budget’ and ‘intend’ and statements that an event or result ‘may’, ‘will’, ‘should’, ‘could’ or ‘might’ occur or be achieved and other similar expressions and includes the negatives thereof.
Forward-looking statements are based on the reasonable assumptions, estimates, analysis, and opinions of the management of the Company made in light of its experience and its perception of trends, current conditions and expected developments, as well as other factors that management of the Company believes to be relevant and reasonable in the circumstances at the date that such statements are made. Forward-looking information is based on reasonable assumptions that have been made by the Company as at the date of such information and is subject to known and unknown risks, uncertainties and other factors that may have caused actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking information, including but not limited to: risks associated with mineral exploration and development; metal and mineral prices; availability of capital; accuracy of the Company’s projections and estimates; realization of mineral resource estimates, interest and exchange rates; competition; stock price fluctuations; availability of drilling equipment and access; actual results of current exploration activities; government regulation; political or economic developments; environmental risks; insurance risks; capital expenditures; operating or technical difficulties in connection with development activities; personnel relations; and changes in Project parameters as plans continue to be refined. Forward-looking statements are based on assumptions management believes to be reasonable, including but not limited to the price of silver, gold and Ba; the demand for silver, gold and Ba; the ability to carry on exploration and development activities; the timely receipt of any required approvals; the ability to obtain qualified personnel, equipment and services in a timely and cost-efficient manner; the ability to operate in a safe, efficient and effective matter; and the regulatory framework regarding environmental matters, and such other assumptions and factors as set out herein. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking statements will prove to be accurate and actual results, and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward looking information contained herein, except in accordance with applicable securities laws. The forward-looking information contained herein is presented for the purpose of assisting investors in understanding the Company’s expected financial and operational performance and the Company’s plans and objectives and may not be appropriate for other purposes. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws .
Photos accompanying this announcement are available at:
https://www.globenewswire.com/NewsRoom/AttachmentNg/4129e12b-ae12-4e4b-9d5c-b3e1b63176a7
https://www.globenewswire.com/NewsRoom/AttachmentNg/1f36b2e0-2e96-449e-aa5a-8b140dcd71dc
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White Cliff Minerals Limited (“WCN” or the “Company”) (ASX: WCN; OTCQB: WCMLF) is pleased to announce it has received firm commitments to raise approximately A$14.4m (before costs) through the issue of 384,615,398 new, fully paid ordinary shares in the Company. Utilising the “flow-through shares” provisions under Canadian tax law 307,692,321 shares will be issued at an issue price of A$0.0403 per share representing a 38.9% premium to WCN’s last trading price of A$0.029 (14 May 2025) for a total of A$12.40m (Flow-Through). Additionally, the Company has received firm commitments to raise $2 million (before costs) through a share placement to new and existing sophisticated and professional investors (Placement). 76,923,077 shares will be issued under the Placement at $0.026 per share, being a 10.3% discount to the Company’s last closing price before trading halt.
- Capital raise cornerstoned by the Company’s Strategic Advisor, John Hancock and his private family office, Astrotricha Capital SEZC.
- The capital raise was significantly oversubscribed and the Company received investment from a number of new Australian, United Kingdom, Hong Kong and Singaporean financial institutions as well as existing institutional and sophisticated shareholders
- Funds will be used to expand and accelerate drilling and exploration activities at the Company’s Rae Copper Project with drilling set to recommence from mid-July
- Drilling activities will include both reverse circulation and diamond drilling, providing the Company flexibility in its targeting approach
- Aerial and downhole geophysics are to be undertaken to further refine drill targets across the Rae Copper Project
- Following encouraging visual results, the Company expects to update shareholders on further assays results for holes 5, 6 and 7 at Danvers, expected to be received over the coming weeks
”The successful completion of this capital raise is a testament to the quality of our Rae Copper Project and the confidence that investors have in our exploration strategy. The ability to access the less dilutive flow through funds at a circa 40% premium is a huge advantage and value accretive for shareholders. Further, John Hancock and his Astrotricha Capital Family Office cornerstone position in the raise, along with the support of other high net worth investors introduced by Astrotricha, reflects their shared vison for the future of WCN and underpins the Company’s development plans for the Rae Copper Project.
The outlook for copper prices remains robust and the Company is poised to ramp up exploration efforts as we capitalise on its strong financial position following this raise, in addition to the ongoing conversion of WCNO options. Following recent high-grade results, this upcoming drilling at Danvers will lay the foundation for a maiden exploration target at the project over the coming period. We are very excited about the potential to delineate a material resource around the immediate drilling area at Danvers and to potentially encompass additional deposits along the regional 7km + strike.
In parallel, drilling will commence at the major sedimentary hosted copper target at Hulk. The pre collars that we have completed at Hulk sit only about 50mtrs above the target horizon and with diamond rigs planned to arrive in the coming months at which time we plan to drill all project areas and deliver on the potential for an additional major copper discovery at our Rae Project.”
Troy Whittaker – Managing Director
“Starting out as a Strategic Advisor to WCN with an initial invested stake, I have now become the Company’s largest shareholder and am pleased to see another well executed and strongly supported capital raise at a premium to the share price. The WCN focus has been on minimising existing shareholder dilution whilst attracting strategic investor capital to accelerate exploration and at the same time, securing the Company’s financial position for the longer term. There is now global investor interest in WCN’s prospects and I look forward to further upcoming drill results.”
John Hancock – Strategic Advisor to WCN
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Astute Metals NL (ASX: ASE) (“ASE”, “Astute” or “the Company”) is pleased to report assay results from the first of six holes completed as part of its highly successful April 2025 diamond drilling campaign at the 100%-owned Red Mountain Lithium Project in Nevada, USA. Drill-hole RMDD003 has returned three high- grade intersections of lithium mineralisation:
- 32.4m @ 3,260ppm Li / 1.74% Lithium Carbonate Equivalent1 (LCE) from 57.2m, including an internal high-grade zone grading 8.6m @ 5,060ppm Li / 2.69% LCE from 67.7m;
- 13.8m @ 1,330ppm Li / 0.71% LCE from 39.6m; and
- 23.3m @ 1,610ppm Li / 0.86% LCE from 94.4m to End-of-hole.
Key Highlights
- Outstanding lithium mineralisation returned in assays for diamond drill-hole RMDD003, which intersected:
- 32.4m @ 3,260ppm Li from 57.2m, including 8.6m of ultra high-grade mineralisation @ 5,060ppm Li from 67.7m;
- 13.8m @ 1,330ppm Li from 39.6m; and
- 23.3m @ 1,610ppm Li from 94.4m to end-of-hole
- RMDD003 marks the highest-grade lithium intercept recorded to date at Red Mountain.
- Mineralisation successfully extended 630m north of previous northernmost intersection in hole RMDD002.
- Hole ends in lithium, with mineralisation remaining open down-dip to the east and along strike to the north.
- Assays pending from five other recently completed drill- holes.
To hear CEO Matt Healy discuss this ASX Release click here
The thick zones of lithium mineralisation encountered in the northernmost drill-hole at Red Mountain highlight the increasing scale of the project, with strong lithium mineralisation now intersected in all drill- holes spanning a north-south strike extent of over 5.6km and surface sample geochemistry indicating further potential to the north, south and west of the current drilled extents7, 9 (Figure 3).
Of particular significance in hole RMDD003 is the high-grade nature of the mineralisation. The nearest drill-hole is RMDD002, which intersected 32.1m @ 2,050ppm within a broader 86.9m intersection at 1,470ppm Li from 18.3m. The high-grade zone in RMDD002 has persisted north to RMDD003, and increased in grade significantly to over 3,000ppm lithium.
Assays are pending for the other five holes drilled as part of the April diamond drilling campaign.
Astute Chairman, Tony Leibowitz, said:
“Our 2025 exploration campaign is off to a fantastic start, with exceptional assays returned for the first step-out diamond hole, RMDD003. We are impressed by the thickness and grade of the mineralisation, with the high-grade intercept returned from this hole showing that the previously identified high-grade zone extends for a considerable distance to the north.
“This provides further indication that Red Mountain is unfolding as a lithium discovery of significance in North America. With mineralisation now defined by drilling over a strike length of almost 6 kilometres, we are looking forward to seeing what the remaining drill-holes will deliver. The information obtained from this round of drilling should put us on a clear trajectory to advance Red Mountain towards a maiden JORC Mineral Resource Estimate later this year.”
Background
Located in central-eastern Nevada (Figure 4) adjacent to the Grand Army of the Republic Highway (Route 6), which links the regional mining towns of Ely and Tonopah, the Red Mountain Project was staked by Astute in August 2023.
The Project area has broad mapped tertiary lacustrine (lake) sedimentary rocks known locally as the Horse Camp Formation2. Elsewhere in the state of Nevada, equivalent rocks host large lithium deposits (see Figure 4) such as Lithium Americas’ (NYSE: LAC) 62.1Mt LCE Thacker Pass Project3, American Battery Technology Corporation’s (OTCMKTS: ABML) 15.8Mt LCE Tonopah Flats deposit4 and American Lithium (TSX.V: LI) 9.79Mt LCE TLC Lithium Project5.
Astute has completed substantial surface sampling campaigns at Red Mountain, which indicate widespread lithium anomalism in soils and confirmed lithium mineralisation in bedrock with some exceptional grades of up to 4,150ppm Li2,8 (Figure 3).
A total of 13 RC and diamond drill holes have been drilled at the project for a combined 1,944m, prior to this current drilling program. These campaigns were highly successful, intersecting strong lithium mineralisation in every hole9.
Scoping leachability testwork on mineralised material from Red Mountain indicates high leachability of lithium of up to 98%, varying with temperature, acid strength and leaching duration, and proof of concept beneficiation test-work has indicated the potential to upgrade the Red Mountain mineralisation10,11.
Results
Hole RMDD003 successfully intersected three zones of lithium mineralised clay-bearing mudstones and sandstone, separated by narrow zones of unmineralised rocks (Figure 1). The intersections are as follows:
- 13.8m @ 1,330ppm Li / 0.71% LCE from 39.6m to 53.4m;
- 32.4m @ 3,260ppm Li / 1.74% LCE from 57.2m to 89.6m; and
- 23.3m @ 1,610ppm Li / 0.86% LCE from 94.4m to End-of-hole (117.7m).
The best grades were developed in the most clay-rich zones (Figure 2). An internal very high-grade zone of 8.6m returned a grade of 5,060ppm Li, with a maximum single sample grade of 5,660ppm Li from 69.2-70.7m (227-232ft), which is the drill sample with the highest lithium grade achieved to date at the project.
Click here for the full ASX Release
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Coinbase Global (NASDAQ:COIN), one of the world’s largest crypto exchanges, has announced an investment in Stablecorp to bring QCAD — a Canadian dollar-denominated stablecoin — to Canadians.
The announcement was made in Toronto at the Blockchain Futurist Conference, where it was presented during a fireside chat by Lucas Matheson, Canada country director at Coinbase, and Alex McDougall, CEO of Stablecorp.
The pair positioned the launch as part of a global shift toward stablecoin integration and digital financial innovation, underscoring Canada’s unique opportunity to carve out a leadership role in the emerging digital currency ecosystem.
‘Stablecoins are probably the topic to draw this year in crypto, for a lot of good reasons,” said Matheson.
“When you look at volume around the world for cryptocurrencies, stablecoins currently account for about 70 percent of all volume in cryptocurrency, while maintaining about 10 percent of the market cap.”
Matheson pointed out that governments around the world, from the US to the UK, are moving quickly to legislate and define these assets as legitimate payment instruments. He stressed that Canada needs to be part of that conversation.
Stablecorp’s QCAD is not new to the scene. McDougall noted that the company has been working since 2020 to create a homegrown stablecoin that reflects Canada’s economic standing. Despite the US dollar’s dominance in the global stablecoin market, McDougall believes the Canadian dollar has a compelling case to make.
“The Canadian dollar trades over C$400 billion a day in foreign exchange. Over C$3.6 billion of goods cross the American border, back and forth every day,’ he told audience members. “There’s over C$316 billion in international central bank reserve currencies, and that’s up to C$65 billion over 2024 — the Canadian dollar quietly kicks ass.’
The Coinbase-Stablecorp partnership aims to fill this void by integrating QCAD into use cases ranging from simple peer-to-peer transactions to institutional finance and global trade. Matheson explained that Coinbase’s backing will bring the reach, trust and compliance capabilities needed to scale QCAD nationally and internationally.
Their discourse also revolved around real-world applications. McDougall described QCAD as a solution that dramatically lowers costs and increases speed in cross-border and domestic payments.
He pointed to practical examples already being piloted, such as Brazilian students paying Canadian tuition fees using QCAD, and Filipino workers receiving remittances via seamless FX-to-stablecoin pipelines.
In both cases, traditional banking systems are circumvented in favor of instant, lower-fee digital rails.
The stablecoin, McDougall added, also opens new doors for small business financing. Canadian businesses will soon be able to draw international lines of credit that settle in QCAD in real-time, with FX baked into transactions, a feature traditional banks currently do not offer. He also highlighted use cases in global telecommunications billing, where cross-border carrier settlements, a US$5 billion annual burden, could be simplified via programmatic stablecoin payments.
Even more futuristically, he envisions QCAD being critical infrastructure for Canada’s artificial intelligence ambitions.
“From just simple everyday things like sending money around and taking that power back, all the way to having these fully automated global webs of commerce — stablecoins are the building blocks for every single one of those,” he said.
Despite the momentum, both Matheson and McDougall acknowledged that Canada’s regulatory environment has not kept pace with innovation. Unlike jurisdictions such as the US and UK, where stablecoins are being defined through legislation as distinct asset classes, often as e-money, Canada remains entangled in a fragmented regulatory landscape.
“Our challenge is that we have 13 different provincial securities regulators, each approaching crypto through the lens of securities law,” said Matheson. “That’s led to a square peg, round hole problem.”
The lack of a unified federal framework has made it difficult for firms like Stablecorp to fully operationalize a compliant and scalable stablecoin solution. However, the panelists hope this may be changing with a cabinet shakeup.
With the QCAD rollout and further announcements expected in the coming weeks, the pressure now shifts to Ottawa to match private sector ambition with public policy action.
Securities Disclosure: I, Giann Liguid, hold no direct investment interest in any company mentioned in this article.
This post appeared first on investingnews.com
Here’s a quick recap of the crypto landscape for Friday (May 16) as of 4:00 p.m. UTC.
Get the latest insights on Bitcoin, Ethereum and altcoins, along with a round-up of key cryptocurrency market news.
Bitcoin and Ethereum price update
Bitcoin (BTC) was priced at US$104,223 as markets closed, up 1 percent in 24 hours. The day’s range for the cryptocurrency has seen a low of US$102,935 and a high of US$104,291.
Bitcoin performance, May 16, 2025.
Chart via TradingView.
Ethereum (ETH) finished the trading day at US$2,592.45, a 1.2 percent increase over the past 24 hours. The cryptocurrency reached an intraday low of US$2,527.33 and saw a daily high of US$2,631.38.
Altcoin price update
- Solana (SOL) closed at US$171.79, down 0.3 percent over 24 hours. SOL experienced a low of US$168 and a high of US$173.98.
- XRP is trading at US$2.42, reflecting a slight 1.5 percent decrease over 24 hours. The cryptocurrency reached a daily low of US$2.37 and a high of US$2.50.
- Sui (SUI) is priced at US$3.87, showing an increaseof 2.0 percent over the past 24 hours. It achieved a daily low of US$3.79 and a high of US$3.94.
- Cardano (ADA) is trading at US$0.7788, up 0.9 percent over the past 24 hours. Its lowest price of the day was US$0.755, and it reached a high of US$0.7905.
Today’s crypto news to know
Coinbase faces US$400 million fallout after major cyber attack
Coinbase Global (NASDAQ:COIN) disclosed that a sophisticated cyber attack has compromised a portion of its customer base and could cost the firm up to US$400 million.
Hackers reportedly gained access to internal systems by paying off employees and contractors, allowing them to impersonate Coinbase and scam users out of their crypto.
Less than 1 percent of customer data was breached, but the attackers demanded a US$20 million ransom—which Coinbase flatly refused to pay. Instead, the company has pledged to fully reimburse affected users and established a US$20 million reward for information leading to the perpetrators’ arrest.
the timing of the attack is significant, coming just days before Coinbase is set to join the S&P 500 (INDEXSP:.INX), a milestone for mainstream crypto acceptance.
Ripple’s US$50 million SEC settlement rejected by federal judge
A US federal judge has rejected a US$50 million settlement deal jointly proposed by Ripple Labs and the US Securities and Exchange Commission (SEC), calling the motion ‘procedurally improper’ and outside her jurisdiction.
The dispute stems from the SEC’s longstanding lawsuit accusing Ripple of conducting unregistered securities sales through XRP, a case now under appeal. Judge Analisa Torres said that because the litigation is at the appellate stage, the district court has no authority to modify the previous judgment.
Ripple’s chief legal officer responded by emphasizing that the ruling doesn’t affect the company’s earlier court wins and that both sides remain aligned on resolving the issue.
Bitget becomes world’s third top crypto exchange by trading volume
Bitget has officially surged into third place among global crypto exchanges, reporting a stunning US$757.6 billion in futures trading volume and US$68.6 billion in spot volume for April 2025.
The Seychelles-based platform has made a name for itself through features like copy trading, which allows users to mimic high-performing traders in real time. Bitget’s April performance stood out despite a broader market correction, expanding its market share to 7.2 percent and pushing its user base above 120 million.
The exchange’s rise signals increasing demand for advanced crypto trading products beyond the traditional buy-and-hold strategy.
Fifth Third Bank eyes expansion into crypto after regulatory green light
After five years of quietly exploring the crypto space, Fifth Third Bank now says it’s ready to expand its offerings amid friendlier US regulations. The Cincinnati-based lender, which holds over US$200 billion in assets, has been working with crypto firms since 2020 but delayed larger moves until clearer guidance from regulators arrived.
According to Chief Strategy Officer Ben Hoffman, the bank is now exploring stablecoin-powered cross-border payments, crypto payroll services and digital asset custody. Recent signals from the Office of the Comptroller of the Currency and the Trump administration’s pro-crypto stance have given institutions more confidence to act.
Fifth Third has formed internal teams across its business lines to integrate blockchain-based financial products responsibly. With mainstream banks finally stepping into crypto with more certainty, a new chapter of institutional adoption appears to be underway.
US lawmakers debate GENIUS Act as stablecoin regulation nears critical juncture
The GENIUS Act, a bipartisan bill aimed at establishing a regulatory framework for US dollar-backed stablecoins, is under intense scrutiny as lawmakers grapple with its potential implications.
While the legislation seeks to provide clarity and oversight in the burgeoning stablecoin market, recent developments have introduced partisan divisions and raised concerns over consumer protections and financial stability.
Initially enjoying bipartisan support, the GENIUS Act has encountered resistance from Senate Democrats following revelations about former President Donald Trump’s involvement in digital asset ventures.
Lawmakers are now advocating for amendments to enhance consumer protections, enforce stricter financial controls and address potential ethical issues, particularly regarding the participation of large tech companies like Meta in the stablecoin space.
Despite these challenges, Republican proponents of the bill are pushing for its approval by Memorial Day (May 26), emphasizing the need for regulatory clarity to foster innovation and maintain the US dollar’s dominance in the digital economy.
Mastercard teams up with MoonPay to enable stablecoin payments worldwide
Mastercard (NYSE:MA) has announced a major new partnership with crypto payment processor MoonPay to bring stablecoin-based payments to more than 150 million global merchants.
The collaboration leverages Iron, a blockchain infrastructure company recently acquired by MoonPay, to enable real-time spending of stablecoins at any location accepting Mastercard.
The partnership is geared toward gig workers, digital creators and international businesses looking to send or receive money in a faster, cheaper and more flexible way. MoonPay says it already works with over 500 crypto platforms and can now expand its reach to over 100 million active users
Securities Disclosure: I, Giann Liguid, hold no direct investment interest in any company mentioned in this article.
This post appeared first on investingnews.com
This post appeared first on investingnews.com
This post appeared first on investingnews.com
Skyharbour Resources Ltd. (TSX-V: SYH ) (OTCQX: SYHBF ) (Frankfurt: SC1P ) (‘Skyharbour’ or the ‘Company’), is pleased to announce that its joint-venture partner, Orano Canada Inc. (‘Orano’), will commence a large-scale diamond drilling program at the 49,635-hectare Preston Uranium Project (‘Preston’ or the ‘Property’) located in the western Athabasca Basin, Saskatchewan, Canada. The drilling program will consist of approximately 6,000 to 7,000 metres of drilling during the summer of 2025. Orano is the majority owner and operator at the project with Skyharbour owning a minority interest of approximately 25.6%.
Location Map of Preston Project:
https://www.skyharbourltd.com/_resources/images/Sky_Preston.jpg
2025 Exploration Program at Preston:
The planned program for the Preston Project will consist of a helicopter-supported diamond drilling campaign, totaling 6,000 to 7,000 metres, with up to 28 holes designed to test high-priority targets across the property at depths ranging from 200 to 350 metres. The work is scheduled to commence in mid summer of 2025. Primary drill target areas (outlined in Figure 2) include the previously untested Johnson Lake, the Canoe Lake and FSAN target. Target areas are spread throughout the project to ensure assessment credits are met across all claims, while testing perspective trends.
Figure 2: Target Area Overview – Preston Lake Project:
https://www.skyharbourltd.com/_resources/news/Figure_2_Target_Area_Overview.jpg
Drilling in the Johnson Lake area (Zone 1; Figure 2) will target a broad structural corridor initially identified in an airborne VTEM survey and subsequently refined by a ground-based ML-TEM survey in 2018 and a DC resistivity survey in 2020. Multiple parallel conductors exhibiting moderate to strong responses have been delineated across the grid. A total of 4 to 5 drill holes are planned with an average depth of 350 metres for a total of approximately 1,750 metres, contingent on results. The primary objective is to test ground conductors at structurally complex intersections which are considered highly prospective for uranium mineralization. There has been no drilling completed in the Johnson Lake grid area to date.
Figure 3: Johnson Lake Grid Ground Conductors:
https://www.skyharbourltd.com/_resources/news/Figure_3_Johnson_Lake_Grid.jpg
The Canoe Lake area (Zone 2; Figure 2) comprises nine conductive trends that remain largely untested, with only one to three historical drill holes completed on each to date. The 2025 program aims to assess high-priority targets for uranium mineralization and to further define Canoe Lake as a prospective discovery corridor within the Preston Lake Project.
A total of 6 to 12 diamond drill holes are planned, totalling approximately 1,200 to 2,400 metres, with an average hole depth of 200 metres. Six zones of interest have been identified based on the review of available airborne and ground geophysical data, characterized by gravity lows near interpreted structural breaks and crosscutting magnetic features. Structural features in the southwestern portion of the grid are of particular interest due to their orientation, which is analogous to the structural trends controlling mineralization at the PLS and Arrow uranium deposits. These targets are on strike with zones of brittle-ductile deformation and hydrothermal alteration observed in historical drilling, supporting their potential for hosting basement-hosted uranium mineralization.
Figure 4: Canoe Lake Ground Gravity, Zones of Interest and 2025 Targets:
https://www.skyharbourltd.com/_resources/news/Figure_4_Canoe_Lake_Ground_Gravity_and_Zones_of_Interest.jpg
The FSAN Zone (Zone 3; Figure 2) will be the most extensively tested area in the 2025 program, with both reconnaissance and direct targeting strategies to be employed. Reconnaissance drilling will consist of 3 holes totalling approximately 1,050 metres, focusing on discrete airborne EM anomalies near the intersection of prospective east-west structures. An additional 7 to 14 holes will be drilled using a more direct targeting approach for a total of 1,400 to 2,800 metres. These holes will test gravity low anomalies, areas of magnetic disruption, and sites of high geochemical response, including SGH uranium anomalies and historical surface grab samples with anomalous uranium and pathfinder element concentrations.
Figure 5: FSAN 2025 Ground Gravity Results with Lineament and 2025 Targets:
https://www.skyharbourltd.com/_resources/news/Figure_5_FSAN_2025_Ground_Gravity_Results_with_Lineament_and_2025_Targets.jpg
The West and Far West Grids (Zone 4; Figure 2) have been designated as contingency targets for the 2025 drill program. These areas encompass the western extent of the PL-1 conductive trend, where historical drilling intersected moderately to strongly graphitic, brittle-ductile fault zones with localized hydrothermal alteration. The structural complexity observed in this area enhances its prospectivity for basement-hosted uranium mineralization and warrants further investigation.
2024 Exploration Program Completed at Preston:
The 2024 field program marked the first exploration activities conducted by Orano at the Preston Project since 2020. The program included a 35.6 km ground Moving-Loop Transient Electromagnetic (ML-TEM) survey over the Preston West and Far West targets, focusing on an airborne VTEM conductor at Preston West and following up on a prior reconnaissance survey at Preston Far West.
A ground gravity survey comprising 2,295 stations was also completed over an area encompassing the FSAN and FSANE trends to help with drill target prioritization. In addition, a Spatiotemporal Geochemical Hydrocarbon (SGH) geochemical survey comprising approximately 1,100 samples was carried out during the summer of 2024. SGH is a cost-effective technique which has been successfully used to detect surficial anomalies associated with buried uranium mineralization in the Athabasca Basin.
Preston Uranium Project:
In March 2017, Skyharbour signed an option agreement with Orano (formerly AREVA Resources Inc.) that provided Orano an earn-in option to acquire a majority working interest in the 49,635-hectare Preston Uranium Project. The significant potential of the Project has been highlighted by past discoveries in the area by NexGen Energy Ltd. (Arrow deposit), Fission Uranium Corp. (Triple R deposit), and F3 Uranium Corp. (PLN discovery). Exploration at the Project has consisted of ground gravity, airborne and ground electromagnetics, radon, soil, silt, biogeochem, lake sediment, and geological mapping surveys, as well as exploratory drill programs. Over a dozen high-priority drill target areas associated with multiple prospective exploration corridors have been successfully delineated through these methodical, multi-phased exploration initiatives, which have culminated in an extensive, proprietary geological database for the project area.
Joint Venture and Strategic Partnership:
In early 2021, Orano fulfilled its earn-in option on the project by funding exploration expenditures and making the required cash payments. Upon completion of a total of CAD $4.8 million in exploration spending, a joint venture was established between Orano, Skyharbour, and Dixie Gold to advance and develop the project. Orano currently holds a 53.3% interest in the joint venture, with Skyharbour and Dixie Gold holding 25.6% and 21.1% interests, respectively.
Qualified Person:
The technical information in this news release has been prepared in accordance with Canadian regulatory requirements set out in National Instrument 43-101 and has been reviewed and approved by Serdar Donmez, P.Geo., Vice President of Exploration for Skyharbour Resources, who is a Qualified Person as defined by NI 43-101.
About Orano Canada Inc.:
Headquartered in Saskatoon, Saskatchewan, Orano Canada Inc. is a leading producer of uranium, accounting for the processing of 16.9 million pounds of uranium concentrate in Canada in 2024. Orano has been exploring for, mining and milling uranium in Canada for more than 60 years. Orano Canada is the operator of the McClean Lake uranium mill and a major partner in the Cigar Lake, McArthur River and Key Lake operations. The company employs over 450 people in Saskatchewan, including about 375 at the McClean Lake operation where over 40% of employees are self-declared Indigenous. As a sustainable uranium producer, Orano Canada is committed to safety, environmental protection and contributing to the prosperity and well-being of neighbouring communities.
Orano Canada Inc. is a subsidiary of the multinational Orano group. As a recognized international operator in the field of nuclear materials, Orano delivers solutions to address present and future global energy and health challenges. Its expertise and mastery of cutting-edge technologies enable Orano to offer its customers high value-added products and services throughout the entire fuel cycle. Every day, the Orano group’s 17,000 employees draw on their skills, unwavering dedication to safety and constant quest for innovation, with the commitment to develop know-how in the transformation and control of nuclear materials, for the climate and for a healthy and resource-efficient world, now and tomorrow.
Visit Orano at www.oranocanada.com or follow us on LinkedIn, Facebook and Twitter: @oranocanada
About Skyharbour Resources Ltd.:
Skyharbour holds an extensive portfolio of uranium exploration projects in Canada’s Athabasca Basin and is well positioned to benefit from improving uranium market fundamentals with interest in thirty-six projects covering over 614,000 hectares (over 1.5 million acres) of land. Skyharbour has acquired from Denison Mines, a large strategic shareholder of the Company, a 100% interest in the Moore Uranium Project, which is located 15 kilometres east of Denison’s Wheeler River project and 39 kilometres south of Cameco’s McArthur River uranium mine. Moore is an advanced-stage uranium exploration property with high-grade uranium mineralization at the Maverick Zone that returned drill results of up to 6.0% U 3 O 8 over 5.9 metres, including 20.8% U 3 O 8 over 1.5 metres at a vertical depth of 265 metres. Adjacent to the Moore Project is the Russell Lake Uranium Project, in which Skyharbour is the operator with joint-venture partner Rio Tinto. The project hosts several high-grade uranium drill intercepts over a large property area with robust exploration upside potential. The Company is actively advancing these projects through exploration and drill programs.
Skyharbour also has joint ventures with the industry leader Orano Canada Inc., Azincourt Energy, and Thunderbird Resources at the Preston, East Preston, and Hook Lake Projects, respectively. The Company also has several active earn-in option partners, including CSE-listed Basin Uranium Corp. at the Mann Lake Uranium Project; TSX-V listed North Shore Uranium at the Falcon Project; UraEx Resources at the South Dufferin and Bolt Projects; Hatchet Uranium at the Highway Project; Mustang Energy at the 914W Project; and TSX-V listed Terra Clean Energy at the South Falcon East Project. In aggregate, Skyharbour has now signed earn-in option agreements with partners that total over $36 million in partner-funded exploration expenditures, over $20 million worth of shares being issued, and $14 million in cash payments coming into Skyharbour, assuming that these partner companies complete their entire earn-ins at the respective projects.
Skyharbour’s goal is to maximize shareholder value through new mineral discoveries, committed long-term partnerships, and the advancement of exploration projects in geopolitically favourable jurisdictions.
Skyharbour’s Uranium Project Map in the Athabasca Basin:
https://www.skyharbourltd.com/_resources/images/SKY_SaskProject_Locator_2024-11-21_v1.jpg
To find out more about Skyharbour Resources Ltd. (TSX-V: SYH) visit the Company’s website at www.skyharbourltd.com .
Skyharbour Resources Ltd.
‘Jordan Trimble’
___________________________
Jordan Trimble
President and CEO
For further information contact myself or:
Nicholas Coltura
Investor Relations Manager
Skyharbour Resources Ltd.
Telephone: 604-558-5847
Toll Free: 800-567-8181
Facsimile: 604-687-3119
Email: info@skyharbourltd.com
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS NEWS RELEASE.
Forward-Looking Information
This news release contains ‘forward‐looking information or statements’ within the meaning of applicable securities laws, which may include, without limitation, completing ongoing and planned work on its projects including drilling and the expected timing of such work programs, other statements relating to the technical, financial and business prospects of the Company, its projects and other matters. All statements in this news release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Such statements and information are based on numerous assumptions regarding present and future business strategies and the environment in which the Company will operate in the future, including the price of uranium, the ability to achieve its goals, that general business and economic conditions will not change in a material adverse manner, that financing will be available if and when needed and on reasonable terms. Such forward-looking information reflects the Company’s views with respect to future events and is subject to risks, uncertainties and assumptions, including the risks and uncertainties relating to the interpretation of exploration results, risks related to the inherent uncertainty of exploration and cost estimates and the potential for unexpected costs and expenses, and those filed under the Company’s profile on SEDAR+ at www.sedarplus.ca. Factors that could cause actual results to differ materially from those in forward looking statements include, but are not limited to, continued availability of capital and financing and general economic, market or business conditions, adverse weather or climate conditions, failure to obtain or maintain all necessary government permits, approvals and authorizations, failure to obtain or maintain community acceptance (including First Nations), decrease in the price of uranium and other metals, increase in costs, litigation, and failure of counterparties to perform their contractual obligations. The Company does not undertake to update forward‐looking statements or forward‐looking information, except as required by law.
News Provided by GlobeNewswire via QuoteMedia
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