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Will new NBA All-Star Game format be finalized soon?

Sport 3 Mins Read
  • NBA commissioner Adam Silver said he expects to have All-Star Game tweaks approved by the start of the 2025-26 regular season.
  • Silver confirmed that the NBA was looking at a structure he referred to as a ‘Ryder Cup-type format.’
  • The 2026 NBA All-Star Game will be played Sunday, Feb. 15 at the Intuit Dome in Los Angeles.

NEW YORK — Expect changes to the NBA All-Star Game to be formalized very soon.

After news emerged last week that the league had honed in on a round-robin tournament structure featuring domestic players against international ones, NBA commissioner Adam Silver said Wednesday, Sept. 10 that he expects to have the tweaks approved by the start of the 2025-26 regular season on Oct. 21.

“The goal is to have the new format in place by the opening of the regular season,” Silver said upon the conclusion of the Board of Governors session at the St. Regis Hotel in Midtown Manhattan. “I think there’s something to that, that once the season starts everyone should understand the rules of the road and what we’re looking at for All-Star this year. That would be our goal.”

Silver confirmed that the NBA was looking at a structure with a pair of teams featuring domestic players and one consisting of international stars, something he referred to as a “Ryder Cup-type format of U.S. against international,” alluding to the golf tournament. Each team will have eight players, and 12-minute quarter games will be played. He said the structure had been discussed with the Competition Committee, and that it was raised with the Board of Governors at the meetings this week.

This is a departure from the format at the 2025 All-Star Game in San Francisco, which saw a mini-tournament with four teams competing in three games. Silver has been outspoken about the format being “a miss.”

Silver also added that the NBA is working alongside the National Basketball Players Association and executive director Andre Iguodala to finalize the revised format.

“I think they have the same interest we do in having a more exciting and engaging All-Star,” Silver said. “None of us have shied away from acknowledging our disappointment of what we’ve seen on the floor the last few years. It’s an odd situation because it’s not just us and the Players Association, but even the players individually are acknowledging, ‘Yeah, this is not the best foot forward for the league.’ ”

Although the NBA is fully leaning into the U.S. versus World format, one of the four teams at last season’s event was comprised mostly of international superstars. That team, Chuck’s Global Stars, had players like Shai Gilgeous-Alexander, Nikola Jokić and Victor Wembanyama, though it also had domestic players like Donovan Mitchell and Trae Young.

The NBA is also looking to capitalize on the potential momentum of international competition, with the All-Star break coming right in the middle of the Winter Olympics, which will be held in Milan Cortina.

“I will say I’m hopeful,” Silver said. “I know I’ve stood up before all of you before and said, we fixed it, we got it, it’s going to work this year. So I don’t want to overpromise. But I feel pretty good about it.”

The 2026 All-Star Game will be played Sunday, Feb. 15 at the Intuit Dome in Los Angeles, the home arena of the Los Angeles Clippers.

This post appeared first on USA TODAY

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Sport

Ohio State push on Big Ten revenue is unique with bigger ramifications

Sport 5 Mins Read

  • The Big Ten currently distributes revenue almost equally, with most members receiving about $63.2 million in 2024.
  • Other conferences, like the ACC and Mountain West, have already adopted tiered revenue distribution based on viewership or brand value.
  • Ohio State may face resistance from other Big Ten schools who would be unwilling to accept a smaller share of the revenue.

Ohio State is open to the possibility of changes to the Big Ten’s current revenue-sharing arrangement and how the university approaches athletics department funding, school president Ted Carter told USA TODAY Sports.

“I will say that there’s only a couple of schools that really represent the biggest brands in the Big Ten, and you can see that by the TV viewership,” said Carter.

Ohio State is not the first school to push for different levels of revenue sharing, nor would the Big Ten be the first to disburse tiered amounts of annual payouts.

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The Mountain West distributes more money to Boise State because of a carveout related to television revenue that pays the Broncos an additional $1.8 million per season. (Boise is poised to join the Pac-12 in 2026.) The ACC recently adopted a system that will distribute 60% of TV revenue based on a weighted five-year average of viewership.

But there are a few major differences between the steps taken by those conferences and the potential fallout should Ohio State push the Big Ten to adopt a dramatically different and likely very controversial new model.

What is the Big Ten’s current revenue model?

The Big Ten had just over $928 million in total revenue and distributed about $63.2 million to each of the league’s dozen longest-standing members during the 2024 fiscal year, according to federal tax records.

That total is more than what schools received in the SEC. Records released in February showed that league distributed about $52.5 million in 2024 to every school except first-year members Oklahoma and Texas.

Looking ahead, the Big Ten’s per-school payout for 2025 is likely to be around $75 million for every member except for Oregon and Washington, whose shares are being phased in over seven years.

And these per-member payouts are expected to continue to grow. Wisconsin’s athletics department made a presentation to a university committee during the spring that projected just under $82.6 million in revenue during the 2026 fiscal year, according to the Wisconsin State Journal.

Would Big Ten members accept a new model?

No, they would not — or not happily, at least. Here’s where major differences stand out when looking at steps taken by the Mountain West and ACC.

The Big Ten is not hurting financially; the opposite is true, actually. There is no rancorous debate over buyout numbers or the league’s grant of rights deal, as was the case in the ACC. While the Buckeyes may claim otherwise, there is not one single team responsible for the Big Ten’s reputation and national draw, as Boise State successfully argued with the Mountain West.

Getting the Big Ten to make a seismic change in revenue distribution would require a cut in the annual revenue of the Buckeyes’ fellow members. Even if revenue is soaring, that would be very difficult for the rest of the conference to accept.

Would Michigan and Penn State be OK with taking money out of their pockets to send to Columbus? Would this arrangement be acceptable to schools such as Purdue, Rutgers, Maryland and others near the bottom of the Big Ten power structure?

This would clearly be an extremely difficult sell.

Does Ohio State really have bargaining power?

Ohio State is one of college sports’ elite brands, capable of moving the needle on any number of key topics in a manner unmatched by all but a few members of the NCAA.

But there is a very real question about the Buckeyes’ bargaining power in terms of truly pushing for an altered revenue model. The reason for that is simple: OSU has nowhere to go.

Florida State and Clemson were able to push the ACC into changes by essentially dangling the threat of leaving the conference. That was a real concern for the ACC, not only because of the potential loss of two flagship members but because schools such as Miami and North Carolina would almost certainly follow the Seminoles and Tigers out the door. The same fear does not exist in the Big Ten.

And FSU, Clemson and others could’ve knocked on the doors of the Big Ten or SEC offices. Ohio State is obviously not going to leave for the SEC. So should the Buckeyes push for more revenue and the Big Ten balks, where would they go? The NFC South?

The landscape-shifting fallout of an Ohio State move

Let’s say OSU is unable to sway the Big Ten. The school’s only real move would be to push for the creation of one or two super leagues, which would create the biggest shakeup to college football since the Division I split in 1978.

Again, the Buckeyes are one of only a few schools capable of officially putting this topic on the table.

They should find many Power Four schools willing to at least have the conversation. The top programs in the SEC could be persuaded by the possibility to add millions of dollars in annual revenue — as we’ve seen in recent years, just about every single move taken by schools and conferences has been driven by finances.

Likewise with high-profile Big Ten teams, who would push back at changing the league’s revenue structure but could be more willing to follow OSU into a super conference occupying the current Big Ten footprint.

This is the possible fallout that frightens the majority of NCAA members: After trying and failing to obtain more revenue than the rest of the Big Ten, Ohio State takes a drastic step that could create permanent change to college football.

This post appeared first on USA TODAY

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Yankees hold moment of silence for Charlie Kirk

Sport 1 Min Read

The New York Yankees held a moment of silence in remembrance of Charlie Kirk before Wednesday’s game against the Detroit Tigers.

Kirk was shot and killed during a speaking event at Utah Valley University in Orem, Utah, earlier in the day.

He was a right-wing talk show host who founded Turning Point USA, a conservative youth-focused organization, in 2012.

He also spoke at the Republican National Convention in Milwaukee in 2024. 

Kirk was a known ally of President Donald Trump, who confirmed Kirk’s death after the shooting on the college campus.

Trump is scheduled to make an appearance at Yankee Stadium, where the team is expected to hold a pregame ceremony to recognize the victims and heroes of 9/11.

This post appeared first on USA TODAY

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Notre Dame, Arch Manning lead college football Week 3 pressure points

Sport 6 Mins Read

  • Notre Dame’s playoff chances are on the line in their upcoming game against Texas A&M after an opening loss to Miami.
  • Clemson faces a crucial game against Georgia Tech following a disappointing start to the season.
  • The matchup between No. 3 Georgia and No. 15 Tennessee will significantly shape the SEC championship race.

Ten wins seems like the magic number for the College Football Playoff, based on the first year of the expanded format. But while that’s a solid limbo bar to separate the cream of the crop in the Power Four from mere playoff contenders, the who, where and how of those wins matter.

No. 8 Notre Dame hosts No. 16 Texas A&M this weekend after losing 27-24 to No. 6 Miami in the season opener. Down the line, the Hurricanes could win the ACC and capture a top-four playoff seed, taking the sting out of that result for the Fighting Irish.

Think back to last season: Notre Dame survived an awful loss to Northern Illinois to make the playoff and advance all the way to the national championship game. Clearly, a single loss to Miami won’t sideline the Irish if they take care of business against a schedule that features only one additional opponent ranked in this week’s US LBM Coaches Poll in the Aggies.

Southern California might crack the Top 25 when the Trojans visit South Bend in October. Likewise with North Carolina State. By the time November comes around, Navy and Pittsburgh could be in the mix for national rankings. These same teams might also hover around bowl eligibility and do little to bolster Notre Dame’s credentials.

One loss in September is survivable against this schedule; two losses right out of the gate would paint an entirely different picture.

As they head into Saturday, the Irish have to embrace the reality of this matchup: Losing to A&M would deal a potentially devastating blow to Notre Dame’s playoff hopes — not a fatal blow, maybe, but one that would leave the defending national runner-up in a serious bind even with months to go before the playoff bracket is released in early December.

That puts the Irish under the spotlight as we look at the team, game, coach and quarterback facing the most pressure heading into Week 3 of the 2025 season

Team: No. 11 Clemson

It’s been a nightmarish two weeks for the preseason ACC favorites, with a disappointing loss to No. 4 LSU followed by an often ugly, tighter-than-expected win against Troy. And this feels like a continuation of a distressing trend: Clemson has now dropped three of five dating to last season.

Through these two games, the Tigers have scored just four touchdowns while ranking 120th in the Bowl Subdivision in yards per game and 95th in yards per play. Stumbling out of the gate has handed ACC front-runner status to the Hurricanes and raised another round of serious questions about this team’s viability as a championship contender.

You can pretty much write off the Tigers with a loss Saturday at Georgia Tech, which has started out with wins against Colorado and Gardner-Webb. A second defeat in three weeks would require Clemson to run the table from here to justify at-large playoff consideration and could demand an unblemished finish simply to reach the ACC championship game.

Game: No. 3 Georgia at No. 15 Tennessee

There’s still a sense of unknown circling around both teams, mostly because of the wins each has posted through two weeks: Georgia has beaten Marshall and Austin Peay, while Tennessee has topped Syracuse and East Tennessee State. The Volunteers have better looked the part, though, scoring a combined 117 points while averaging 605 yards per game, second best in the Bowl Subdivision.

Nasty weather and an extended pregame delay impacted how the Bulldogs looked in the win against Austin Peay. The offense is still adjusting to the tweaks in scheme and approach implemented to better suit new quarterback Gunnar Stockton. Overall, Georgia brought back seven starters, with four additional players with starting experience brought in through the transfer portal.

Some early-season struggles aren’t unexpected. And these hiccups might also be a byproduct of Georgia trying to hamper Tennessee’s ability to prepare by playing things closer to the vest against a pair of overmatched opponents.

The result in Knoxville will shape the direction of the SEC race. The Bulldogs can erase any doubt and give themselves room for error against a slate highlighted by No. 7 Texas, No. 13 Mississippi and No. 18 Alabama. The Volunteers can establish prime playoff positioning against a schedule that includes just two more ranked teams in the Crimson Tide and No. 16 Oklahoma.

Coach: Billy Napier, Florida

Napier is on borrowed time after the Gators’ 18-16 loss to South Florida, which included a botched three-and-out possession late in the fourth quarter that helped spark the Bulls’ massive upset.

His overall record speaks for itself: Napier is 20-20 in three-plus seasons at Florida, giving him the lowest winning percentage of any coach with at least 30 games of experience at Florida during the modern era. Last weekend’s loss was the program’s first at home against a school from Florida other than Florida State or Miami since Stetson in 1938.

Given the Gators’ schedule, the odds of Napier returning for another year are nearly infinitesimal. The gauntlet of eight matchups against teams in this week’s Coaches Poll starts on Saturday night at LSU, which is close to a must-win game any Power Four coach will face in September.

The Gators have dropped six of seven in Baton Rouge and haven’t won two in a row in this rivalry since 2008-9.

Quarterback: Arch Manning, Texas

No FBS quarterback is becoming more familiar with wall-to-wall scrutiny. While not unexpected – his name, his reputation, the fact that he’s the starter at Texas all play a role — the parsing of every Manning throw is vastly greater than the attention heaped on any other player in the FBS.

He accounted for five scores in last week’s win against San Jose State, a big uptick in production from the opener against No. 1 Ohio State. But Manning was still under fire for things seemingly as innocuous as his grimace after misfiring a sidearm throw against the Spartans. (Steve Sarkisian said this week that Manning “doesn’t have any” injuries.)

The SJSU win still progress for the first-year starter. He’ll have to continue that improvement in what should be another rout, this time against Texas-El Paso. The Miners allowed 233 yards on 8.3 yards per attempt in a loss to Utah State and then gave up 295 yards on 8.2 yards per throw in last Saturday’s win against Tennessee-Martin.

This post appeared first on USA TODAY

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Donald Trump scheduled to attend Yankees’ game on Sept. 11

Sport 1 Min Read

President Donald Trump is scheduled to attend the New York Yankees’ home game against the Detroit Tigers on Thursday, Sept. 11.

The Yankees are expected to hold a pregame ceremony to recognize the victims and heroes of 9/11.

The president has made appearances at several sporting events this year, including the US Open men’s tennis final on Sept. 7 and several UFC events.

His arrival caused an increased presence of Secret Service, who are usually at the scene of the event with dogs on hand before the president’s arrival.

The Yankees encourage anyone with a ticket for the game to arrive early because of the enhanced security measures around Yankee Stadium.

The stadium gates are scheduled to open at 4 p.m. ET, three hours before the scheduled first pitch.

The biggest stories, every morning. Stay up-to-date on all the key sports developments by subscribing to USA TODAY Sports’ newsletter.

This post appeared first on USA TODAY

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Investing

Navigating Uncertainty: How to Manage Jurisdictional Risk for Mining Stocks

Investing 9 Mins Read

In the high-stakes world of resource extraction, a nation’s mineral wealth is a powerful magnet for investment, fueling economic growth and national prosperity. But not all countries are created equal.

For investors in the mining sector it’s key to understand that jurisdictional risk can be profoundly impacted by political changes, as new administrations can swiftly alter the regulatory landscape. These policy shifts can present both opportunities and setbacks, introducing a complex layer of uncertainty to even the most promising ventures.

At the same time, regions traditionally seen as stable and secure for resource development can face their own challenges, including rigorous permitting regimes that can slow mine development activity.

Read on for three case studies on jurisdictional risk and how to navigate this type of complexity.

Case study: First Quantum’s Cobre Panama mine

Perhaps the most notable example in recent years of how politics can affect operations is the closure of First Quantum Minerals’ (TSX:FM,OTC Pink:FQVLF) Cobre Panama mine in Panama.

As with many mining operations, Cobre Panama took decades to bring into production. First Quantum received approval to begin work at the site in February 1997; however, it would take 22 years and US$10 billion to build the mine and the required infrastructure before production commenced in September 2019.

When it was placed on care and maintenance in November 2023, the mine was one of the largest in the world, accounting for approximately 1 percent of total copper supply.

The closure came after Panama’s government faced intense public backlash for granting First Quantum a 20 year mining contract; it was quickly declared unconstitutional by the Supreme Court.

The Panamanian government also introduced an indefinite moratorium on all mining concessions. The move put the country’s mining sector in a state of limbo and led other companies to cease activities in Panama. For example, Orla Mining (TSX:OLA,NYSEAMERICAN:ORLA) decided to halt funding of its Cerro Quema project until it had “greater certainty with respect to the mining concessions, as well as fiscal and legal stability in Panama.”

Cobre Panama’s closure and the subsequent moratorium led Fitch to downgrade its investment outlook for Panama in March 2024, from BBB- to BB+. The credit agency cited fiscal governance challenges that arose following the mine’s closure, noting that Cobre Panama accounted for 5 percent of the nation’s GDP.

Although the International Monetary Fund expects Panama’s GDP to rebound to 4.5 percent in 2025 as non-mining sectors of the nation’s economy grow, the changes have already had a significant impact on the national economy, with GDP growth slowing to 2.9 percent in 2024, from 7.4 percent in 2023.

Case study: Barrick Mining’s Loulo-Gounkoto complex

Another recent example is the impact of unrest on Barrick Mining’s (TSX:ABX,NYSE:B) operations in Mali.

The African nation has experienced a prolonged period of instability, with the government being overthrown in three coup d’états within a 10 year span, in 2012, 2020 and 2021.

The most recent two came following months of turmoil after election irregularities and accusations of corruption in 2020, then calls for a more legitimate government to be installed in 2021.

Ultimately, the government was replaced by a military junta, and in 2022, it was announced that elections would be held in 2024. However, these were delayed until early 2025, at which time they were again postponed.

This past July, Malian military authorities granted current leadership a five year mandate, renewable as many times as necessary without requiring an election, which guarantees control of the government until 2030.

The impact on the mining sector has been notable. In 2022, the new government ordered an audit of the mining sector, which led to Mali adopting a new mining code in 2023 after limited industry consultation.

The code aims to generate more revenue for the government from mining operations by increasing government ownership to 35 percent from 20 percent and removing tax-exempt status for some operations.

Existing mining contracts were also reviewed, which limited the ability to renegotiate, leading to a protracted negotiation process between the Malian government and Barrick over its Loulo-Gounkoto complex.

While Barrick has said its commitment to Mali remains firm, going so far as to make a good-faith payment of US$83 million, the two parties were unable to reach an agreement. The stalled negotiations led the government to arrest or issue arrest warrants for key personnel over unpaid taxes and contract disputes, including Barrick CEO Mark Bristow.

With no resolution, Barrick was ultimately forced to shut down the mine in January of this year. Although arbitration proceedings continue, the operation was placed under provisional administration on June 16, and government helicopters were seen onsite removing more than 1 metric ton of gold on July 10.

According to the Extractive Industry Transparency Initiative, the mining sector makes a significant contribution to the nation’s economy, representing 79 percent of exports and 9.2 percent of GDP. Although other companies haven’t ceased operations in the country, the government’s action has created tensions for investors, with CEOs suggesting that the new rules make it economically unfeasible for new mines or takeovers in the country.

The Fraser Institute gave Mali a policy perception score of 14.94 in its 2024 Annual Survey of Mining Companies, a significant decrease from 2023, when it achieved 33.34, and a precipitous decline from 2020’s score of 78.18. In the overall ranking, Mali fell to 74 out of 82 countries included in the survey, down from 37 out of 77 in 2020.

The institute notes that companies say policy accounts for about 40 percent of their decision when choosing where to establish operations. The other 60 percent is based on the mineral potential. In this regard, Mali improved to 55.26 from 41.18 in 2023; however, it remains in the bottom half of all jurisdictions, ranking 40 out of 58.

The institute uses these scores to determine the overall investment attractiveness of jurisdictions. In 2024, Mali scored 39.13 and ranked 72 out of 82. Respondents to the survey suggested that the rejection of gold mining permits and the lack of transparency created uncertainty and deterred investment.

Even when investment is in the national interest, underlying issues can be hard to overcome.

Case study: The DRC

The Democratic Republic of the Congo (DRC) is endowed with a vast wealth of minerals, ranging from copper to cobalt and diamonds, but a lack of infrastructure and geopolitical instability have hindered investment.

However, the mining sector has seen steady growth in recent years as the government looks to attract investment. One project is the construction of the Lobito Corridor, Africa’s first open-access transcontinental rail link. It connects Zambia and the DRC with the port of Lobito in Angola, providing improved shipping opportunities for producers.

Among the operations that have signed on to use the rail link is Ivanhoe Mines’ (TSX:IVN,OTCQX:IVPAF) Kamoa-Kakula mine. The asset is one of the world’s largest copper mines, producing 964 million pounds in 2024.

In February 2024, the company signed a term sheet to access the corridor, allowing it to transport between 120,000 and 240,000 metric tons of copper concentrates per year for a five year term, commencing in 2025.

In a press release, Robert Friedland, Ivanhoe’s founder and executive co-chair, said the corridor is “fast becoming one of the most important trade routes for vital copper metal in the world.”

He added that the rail link will unlock projects due to the lower logistical costs.

While development in the DRC is moving in the right direction, it’s not without its problems. Tensions remain with neighboring Rwanda, as Rwanda has backed anti-government M23 rebels. The groups have been warring since 2022, with much of the violence occurring in the Eastern DRC, a mineral-rich area of the country.

In April 2024, M23 seized the town of Rubaya, the center of coltan production in the DRC; coltan is a critical mineral for the tech sector. While Ivanhoe’s mine has avoided the violent uprisings elsewhere in the country, it still highlights key security challenges for operations in the country and underscores the fragility of stability.

Like Mali, the DRC declined in the Fraser Institute’s survey last year.

It dropped to 12.97 on policy, down from 24.93 in 2023, ranking 77 out of 82. However, its mineral potential ranked much higher, scoring 73.53 — that’s up from 55 in 2023 and a rank of 14 out of 58.

On overall investment attractiveness, the DRC was middling, scoring 49.31 and ranking 58 out of 82. The report points to issues such as disputes over land tenure ownership, which have led to uncertainty and deterred investment.

Is there any truly safe mining jurisdiction?

The mining community has looked mainly to North America, Europe and Australia to minimize jurisdictional risk.

Canada, the US and Australia are widely considered safe places to invest in due to the stability of their governments and the absence of cross-border conflicts. Despite changes in government, political parties in these nations tend to support extractive industries through tax credits and investment programs.

As a whole, challenges in these jurisdictions tend to be more regulatory than geopolitical in nature, with strict environmental and social regulations adding years to development timelines.

Recently, however, there have been some moves to break down these barries.

The US and Canada have both made promises to streamline the permitting process to decrease timelines for critical minerals. Additionally, under the Biden administration, the US Department of Defense, increased funding for projects deemed critical to national interests, including those involving Canadian companies Fortune Minerals (TSX:FT,OTCQB:FTMDF) and Lomiko Metals (TSXV:LMR,OTC Pink:LMRMF).

The program has continued under US President Donald Trump, with the most recent award being announced on July 22, for US$6.2 million in funding for Guardian Metal Resources (LSE:GMET,OTCQX:GMTLF).

Although challenges in these regions still exist, in general they remain stable. For investors, it can help to de-risk portfolios and avoid the geopolitical tensions and uncertainty that arise elsewhere.

Securities Disclosure: I, Dean Belder, hold no direct investment interest in any company mentioned in this article.

This post appeared first on investingnews.com

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Investing

Heliostar Announces Graduation to Tier 1 Status on the TSX Venture Exchange

Investing 6 Mins Read

Heliostar Metals Ltd. (TSXV: HSTR,OTC:HSTXF) (OTCQX: HSTXF) (FSE: RGG1) (‘Heliostar’ or the ‘Company’) is pleased to announce that it has been approved for graduation from Tier 2 to Tier 1 issuer status on the TSX Venture Exchange (the ‘TSXV’) effective September 12, 2025.

The TSXV classifies issuers into different tiers based on various factors, including financial performance, stage of development, and available resources. Tier 1 is the TSXV’s highest designation and is reserved for more advanced companies with significant financial resources. This upgrade signifies Heliostar’s continued growth and its commitment to providing long-term value for its shareholders.

About Heliostar Metals Ltd.

Heliostar aims to grow to become a mid-tier gold producer. The Company is focused on increasing production and developing new resources at the 100% owned La Colorada and San Agustin mines, and on developing the Ana Paula, Cerro del Gallo and San Antonio deposits in Mexico.

FOR ADDITIONAL INFORMATION PLEASE CONTACT:

Charles Funk
President and Chief Executive Officer
Heliostar Metals Limited
Email: charles.funk@heliostarmetals.com
Phone: +1 844-753-0045		 Rob Grey
Investor Relations Manager
Heliostar Metals Limited
Email: rob.grey@heliostarmetals.com
Phone: +1 844-753-0045

 

Neither 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 certain ‘Forward-Looking Statements’ within the meaning of the United States Private Securities Litigation Reform Act of 1995 and ‘forward-looking information’ under applicable Canadian securities laws. When used in this news release, the words ‘anticipate’, ‘believe’, ‘estimate’, ‘expect’, ‘target’, ‘plan’, ‘forecast’, ‘may’, ‘would’, ‘could’, ‘schedule’ and similar words or expressions, identify forward-looking statements or information. These forward-looking statements or information relate to, among other things, trading as a Tier 1 issuer on the TSX Venture Exchange.

These statements reflect the Company’s respective current views with respect to future events and are necessarily based upon a number of other assumptions and estimates that, while considered reasonable by management, 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 or forward-looking information and the Company has made assumptions and estimates based on or related to many of these factors. Such factors include, without limitation: precious metals price volatility; risks associated with the conduct of the Company’s mining activities in foreign jurisdictions; regulatory, consent or permitting delays; risks relating to reliance on the Company’s management team and outside contractors; risks regarding exploration and mining activities; the Company’s inability to obtain insurance to cover all risks, on a commercially reasonable basis or at all; currency fluctuations; risks regarding the failure to generate sufficient cash flow from operations; risks relating to project financing and equity issuances; risks and unknowns inherent in all mining projects, including the inaccuracy of reserves and resources, metallurgical recoveries and capital and operating costs of such projects; contests over title to properties, particularly title to undeveloped properties; laws and regulations governing the environment, health and safety; the ability of the communities in which the Company operates to manage and cope with the implications of public health crises; the economic and financial implications of public health crises, ongoing military conflicts and general economic factors to the Company; operating or technical difficulties in connection with mining or development activities; employee relations, labour unrest or unavailability; the Company’s interactions with surrounding communities; the Company’s ability to successfully integrate acquired assets; the speculative nature of exploration and development, including the risks of diminishing quantities or grades of reserves; stock market volatility; conflicts of interest among certain directors and officers; lack of liquidity for shareholders of the Company; litigation risk; and the factors identified under the caption ‘Risk Factors’ in the Company’s public disclosure documents. Readers are cautioned against attributing undue certainty to forward-looking statements or forward-looking information. Although the Company has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be anticipated, estimated or intended. The Company does not intend, and does not assume any obligation, to update these forward-looking statements or forward-looking information to reflect changes in assumptions or changes in circumstances or any other events affecting such statements or information, other than as required by applicable law.

This news release includes certain non-International Financial Reporting Standards (IFRS) measures. The Company has included these measures, in addition to conventional measures conforming with IFRS, to provide investors with an improved ability to evaluate the project and provide comparability between projects. The non-IFRS measures, which are generally considered standard measures within the mining industry albeit with non-standard definitions, are intended to provide additional information and should not be considered in isolation or as a substitute for measures of performance prepared in accordance with IFRS. Cash costs (Cash Costs) are a common financial performance measure in the gold mining industry but with no standard meaning under IFRS. The Company believes that, in addition to conventional measures prepared in accordance with IFRS, certain investors use this information to evaluate each project’s economic results in the technical reports and each project’s potential to generate operating earnings and cash flow. All-in Sustaining Costs (AISC) more fully defines the total costs associated with producing precious metals. The AISC is calculated based on guidelines published by the World Gold Council (WGC), which were first issued in 2013. In light of new accounting standards and to support further consistency of application, the WGC published an updated Guidance Note in 2018. Other companies may calculate this measure differently because of differences in underlying principles and policies applied. Differences may also arise due to a different definition of sustaining versus growth capital. Note that in respect of AISC metrics within the technical reports because such economics are disclosed at the project level, corporate general and administrative expenses were not included in the AISC calculations.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/265721

News Provided by Newsfile via QuoteMedia

This post appeared first on investingnews.com

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Questcorp Mining Provides Update on Its Maiden Drill Program at La Union

Investing 3 Mins Read

Questcorp Mining Inc. (CSE: QQQ,OTC:QQCMF) (OTCQB: QQCMF) (FSE: D910) (the ‘Company’ or ‘Questcorp’) is pleased to provide an update on the Phase I drilling program at its La Union Gold and Silver project in northwest Sonora, Mexico. Drill holes have now been completed at two of the 4 target areas:

  • The initial hole was completed beneath the historic Union Mine itself, intersecting the favourable carbonaceous Clemente and Caborca formations, including the microconglomeratic carbonate unit which hosted mineralization at the bottom of the past producing Union Mine.
  • Drilling then shifted focus to the El Cobre Mine area and the Union Norte Mine area, testing vertical feeder zones above the Clemente formation dolomites and carbonaceous sandstones. Hole two intersected more quartzites than interpreted from the geophysics, with the quartzites carrying more extensive hematitic oxides, possibly indicative of oxide gold mineralization potentially related to sulfides which have been oxidized through supergene weathering.

Saf Dhillon, President and Chief Executive Officer, states: ‘The drilling is indicating oxidation is consistent with past mining and targets are coming along with a positive exploration drilling so far. The drilling is intersecting more quartzite than expected which is favorable for fracture-controlled mineralization. The Riverside operations team is progressing the current exploration program working with the surface rancher and the drilling company to efficiently progress a high-quality exploration program.’

Drilling has now moved to the Famosa Target to progress exploration program. The Mexico Mining Ministry has approved many permits and are actively supporting the environmentally, socially conscious mineral exploration practices as a key aspect for the new Mexican government initiatives.

The technical content of this news release has been reviewed and approved by R. Tim Henneberry’, P.Geo (BC) a Director of the Company and a Qualified Person under National Instrument 43-101.

About Questcorp Mining Inc.

Questcorp Mining is engaged in the business of the acquisition and exploration of mineral properties in North America, with the objective of locating and developing economic precious and base metals properties of merit. The company holds an option to acquire an undivided 100-per-cent interest in and to mineral claims totalling 1,168.09 hectares comprising the North Island copper property, on Vancouver Island, B.C., subject to a royalty obligation. The company also holds an option to acquire an undivided 100-per-cent interest in and to mineral claims totalling 2,520.2 hectares comprising the La Union project located in Sonora, Mexico, subject to a royalty obligation.

ON BEHALF OF THE BOARD OF DIRECTORS,

Saf Dhillon
President & CEO

Questcorp Mining Inc.
saf@questcorpmining.ca
Tel. (604-484-3031)

Suite 550, 800 West Pender Street
Vancouver, British Columbia
V6C 2V6.

Certain statements in this news release are forward-looking statements, which reflect the expectations of management regarding completion of survey work at the North Island Copper project. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them. Except as required by the securities disclosure laws and regulations applicable to the Company, the Company undertakes no obligation to update these forward-looking statements if management’s beliefs, estimates or opinions, or other factors, should change.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/265741

News Provided by Newsfile via QuoteMedia

This post appeared first on investingnews.com

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Sport

Reports: 49ers replacing Jake Moody with veteran K

Sport 3 Mins Read

  • The San Francisco 49ers signed veteran kicker Eddy Piñeiro after waiving Jake Moody.
  • Moody was released following a game where he missed two field goals against the Seattle Seahawks.
  • Piñeiro previously played for the Panthers, Jets, and Bears and is one of the most accurate kickers in NFL history.

The San Francisco 49ers spent less than a day finding a new kicker.

After waiving former third-round pick Jake Moody this afternoon, the 49ers signed veteran kicker Eddy Piñeiro, per multiple reports. The signing ensures San Francisco will have a placekicker on the active roster for Week 2 against the New Orleans Saints.

Piñeiro spent the last three seasons with the Carolina Panthers following one-year stints with the New York Jets in 2021 and the Chicago Bears in 2019.

The 49ers waived Moody following a tough opening week for the 2023 third-round pick. He missed two field goals in Sunday’s win over the Seattle Seahawks; one off the upright from 27 yards out and a 36-yard kick that the Seahawks blocked.

Piñeiro played under current 49ers special teams coordinator Brant Boyer with the Jets in 2021. He’ll celebrate his 30th birthday on Saturday ahead of his 49ers debut against the Saints on Sunday.

Eddy Piñeiro stats

Piñeiro is the fourth-most accurate kicker in NFL history behind Justin Tucker, Harrison Butker and Chris Boswell. The former Florida Gator shook off a tough first season in Chicago to be one of the more reliable kickers in the NFL.

  • 2019 (16 games): 27 of 29 (93.1%) on extra points, 23 of 28 (82.1%) on field goals
  • 2021 (5 games): 9 of 10 (90%) on extra points, 8 of 8 (100%) on field goals
  • 2022 (17 games): 30 of 32 (93.8%) on extra points, 33 of 35 (94.3%) on field goals
  • 2023 (15 games): 17 of 20 (85%) on extra points, 25 of 29 (86.2%) on field goals
  • 2024 (17 games): 33 of 35 (94.3%) on extra points, 22 of 26 (84.6%) on field goals

Piñeiro’s career long is from 56 yards out in 2023 with the Panthers.

Why did the 49ers release Jake Moody?

The 49ers released Moody after his two misses on Sunday in Seattle but issues trace back much further than that.

Moody’s been one of the least-accurate kickers in the NFL since entering the league in 2023. Of the 42 kickers with at least 10 field goal attempts since Week 1 of the 2023 season, Moody finished 37th in field goal percentage at 76.3%.

In Super Bowl 58 against the Kansas City Chiefs, Moody made three field goals but missed an extra point early in the fourth quarter that loomed large later on. Kansas City faced a three-point deficit on their final drive of regulation instead of four points and a Butker kick sent the game to overtime. The Chiefs eventually won the game 25-22.

Only one of the players with a lower percentage is on a team in 2025: Graham Gano with the New York Giants.

This post appeared first on USA TODAY

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