Author

admin

Browsing

Kirk Cousins signed a four-year, $180 million free-agent contract with the Atlanta Falcons ahead of the 2024 NFL season.

The veteran quarterback may not have agreed to the deal had he known the Falcons were going to select Michael Penix Jr. with the No. 8 pick in the 2024 NFL Draft. Cousins explained on Netflix’s ‘Quarterback’ series he felt ‘pretty surprised’ and ‘misled’ about the organization’s decision to draft Penix.

“I wasn’t expecting us to take a quarterback,” Cousins said. “At the time, it felt like I’d been a little bit misled — or certainly if I had the information around free agency, it certainly would have affected my decision. I had no reason to leave Minnesota with how much we loved it there, if both teams are gonna be drafting a quarterback high.”

‘But I’ve also learned in 12 years in this league that you’re not entitled to anything. It’s all about being able to earn your spot and prove yourself.’

Cousins had known the Vikings planned to draft a successor during the 2024 NFL Draft. The team still offered him a deal to return, but it didn’t come with the long-term security Cousins and his family desired.

‘We wanted to be in Minnesota. But, it became clear that we were going to be there year to year,’ Cousins said. ‘And that’s what we didn’t want. At that point, we said, ‘All right, we need to look elsewhere. If that’s our only option, then we’ll be back.”

Cousins did find interest elsewhere, as the Falcons were willing to pay him $45 million in average annual value (AAV) through his age-39 season. He was excited to ‘start fresh’ and try to bring Atlanta to the postseason for the first time since the 2017 NFL playoffs.

However, he had a tumultuous first season with the Falcons. The veteran got off to a fast start despite coming off a torn Achilles, but a midseason injury that impacted his throwing elbow and shoulder caused his performance to dip significantly.

Ultimately, it resulted in Cousins being benched in favor of Penix late in the season, something the four-time Pro Bowler was desperately trying to avoid, despite his injuries impacting his arm strength.

‘You also know that if you sit down Week 10 and take two or three weeks or more to let it heal, you may never get your job back,’ Cousins explained in the series’ final episode. ‘I remember reading Drew Brees’ book back in 2010 when he first wrote it, how he made the point that he tried to never let his backup see the field — even if it was somebody who was really no threat. He just felt like you should never do that. Doug Flutie taught him that.

‘So that was something I always was aware of, that in this league, if you give someone else the chance, if you want to be Wally Pipp and there’s Lou Gehrig behind you, that can happen. At the time, you gotta make the decision with the information you have then.’

Still, Cousins tried to remain engaged after being benched, despite worrying about what the future might hold for him and his family.

‘It hurts to go into work, but you got to be an adult,’ Cousins said of his benching. ‘You’ve got to be a grown man and handle it with maturity. I feel sorry for myself and it’s hard to do, but that’s what you got to do. And so that’s kind of where my focus went.’

This post appeared first on USA TODAY

Maybe you’ve heard of Greg LeMond. Maybe you haven’t. 

And if his name doesn’t ring familiar, maybe it should.  

LeMond, 64, was the first American cyclist to win the Tour de France, one of the two or three most-watched sporting events in the world. And with the doping-era disqualifications of Lance Armstrong and Floyd Landis, LeMond is the only American who has won the Tour. 

On July 9, LeMond will visit the Capitol to receive the Congressional Gold Medal, the highest civilian honor Congress can bestow, on par with the Presidential Medal of Freedom. Congress approved the medal in 2020, but the pandemic forced a delay in awarding it.  

Since 1776, Congress has awarded only a few Gold Medals to athletes. Honorees include boxer Joe Louis, tennis giant Billie Jean King, Olympian Jesse Owens and golfer Jack Nicklaus. 

Why is Congress giving Greg LeMond a medal?

In the United States, cycling is mostly recreational. In Europe and much of the rest of the world, it is a major competitive sport, and LeMond is one of its legends.  

LeMond was a once-in-a-generation talent. Born in California in 1961, he entered competitive cycling in the 1970s amid a modest American cycling boom, an era lovingly captured in the classic 1979 film “Breaking Away.”  

In a sense, Greg LeMond’s story is a real-life “Breaking Away.”  

In the underground competitive cycling scene of his era, LeMond was so much better than everyone else that officials let him race against older boys. He beat them anyway. 

LeMond decamped to Europe in 1980 and soon proved himself the most talented young rider on that continent, against much stiffer competition. 

The rest of LeMond’s career unfolded with the sort of high drama you mostly see in movies. (In fact, actor Ben Stiller is said to be making a movie about LeMond’s 1986 Tour victory.) 

In the summer of ‘86, LeMond captivated the cycling world by claiming America’s first Tour win, an epic duel against another all-time great, Frenchman Bernard Hinault. 

All of France seemed set on denying LeMond his victory: Fans, journalists, fellow cyclists and even LeMond’s own teammates, not to mention Hinault himself. Not for nothing did Hinault earn the nickname “The Badger.” 

The late Richard Moore, a Scottish writer, recounted the 1986 Tour in a classic cycling book, “Slaying the Badger.”  

LeMond staged one of sport’s greatest comebacks 

LeMond should have gone on to win the Tour in 1987 and 1988: He was that much better than the rest of the peloton.  

But in April 1987, a few months before the next Tour, LeMond nearly died. He was turkey-hunting on a family ranch in rural California. A relative shot him by accident, piercing his body with dozens of shotgun pellets. By the time a helicopter delivered him to a hospital, LeMond had almost bled out. 

After the accident, LeMond could barely walk, let alone pedal. And yet, over the next two years, he staged a spectacular comeback. He entered races he could not finish, then finished races he could not win. By the summer of 1989, LeMond had regained his form. He entered the Tour that year and quickly proved he was capable of winning it again.  

The 1989 Tour pitted LeMond against another Frenchman: Laurent Fignon, a two-time Tour winner who was gunning for his third victory. 

The 1986 edition of cycling’s premier event had been a great Tour. The 1989 edition would be widely remembered as the greatest Tour of all time. 

The Tour de France plays out over 21 days of racing and covers more than 2,000 miles. Each cyclist’s time is recorded at the end of every stage. The rider with the shortest overall time at the end wins the race. By the finish, the victor often commands a lead of five or 10 minutes.  

And that’s why the 1989 Tour captivated the world: It was really, really close.  

After the second stage of racing, LeMond led Fignon by 51 seconds in cumulative time. After Stage 5, Fignon led by five seconds. After Stage 10, LeMond led by seven seconds. And so on. 

By the final day of racing, July 23, 1989, Fignon held a 50-second lead over LeMond. The last stage was an individual time trial: A race against the clock, each cyclist going all out for 15 miles, riding alone into Paris as the stopwatch ticked. 

The course was short and flat, and almost no one thought LeMond had a chance of riding it 50 seconds faster than Fignon to claim victory on the Champs-Élysées.  

The final moments of that time trial delivered some of the most exhilarating live sports ever broadcast. Both Fignon and LeMond rode the race of their lives, but LeMond rode faster. At the finish, he had beaten Fignon by a margin of eight seconds.  

In more than a century of racing, the 1989 Tour remains the closest ever. LeMond had staged one of the greatest comebacks in the history of American sports. 

‘The True King of American Cycling’

Many years later, I wrote a biography of LeMond, with the 1989 Tour as its centerpiece. It published in 2018 as “The Comeback: Greg LeMond, the True King of American Cycling, and a Legendary Tour de France.” 

I hoped LeMond might one day become as well-known as Lance Armstrong, the Texan cyclist who won a record seven Tours between 1999 and 2005. Armstrong was perhaps the most celebrated athlete in America until a doping investigation brought him down. 

Shortly after my book came out, I received an email from U.S. Rep. Mike Thompson, a Democrat from California, LeMond’s birthplace.  

Thompson was a cyclist. He had read my book, and he wanted to honor LeMond.  

Some months later, Thompson introduced legislation to award LeMond the Congressional Gold Medal. It was an uphill battle, but Thompson collected the necessary support: a supermajority, two-thirds of the House and two-thirds of the Senate.  

On December 4, 2020, President Donald Trump signed the Greg LeMond Congressional Gold Medal Act into law.  

“More than any other cyclist in our history,” Thompson said on the House floor, “Greg LeMond was the epitome of the ‘Breaking Away’ culture: A young kid on a bike, trying to do things no American had ever done.” 

This post appeared first on USA TODAY

How about a walk-off inside-the-park home run to cap off your baseball viewing for the day?

That’s exactly what the San Francisco Giants’ Patrick Bailey did late into the night on Tuesday, July 8. With his team trailing the visiting Philadelphia Phillies 3-1 in the bottom of the ninth inning, Bailey hit a long drive off Phillies pitcher Jordan Romano that struck the brick wall in right-center field. The ball did a crazy carom off the asymmetrical outfield wall at Oracle Park and rolled down the warning track as Phillies outfielder Brandon Marsh frantically gave chase.

Take a look at this thrilling finish:

A leadoff double by Casey Schmitt followed by a single by Wilmer Flores set the stage for Bailey’s dramatic heroics, which delivered a 4-3 victory. The win was the Giants’ fourth straight, lifting the team’s record to 51-42, good for second in the NL West and just five games back of the Los Angeles Dodgers, who have lost five straight.

Bailey’s walk-off inside-the-parker was reminiscent of one hit by the Giants’ Ángel Pagán in the same ballpark in 2013. Pagán hit his walk-off home run in the 10th inning against the Colorado Rockies. Pagán’s batted ball took a similar trajectory as Bailey’s hit, bouncing off the right-center field wall and rolling down the warning track as outfielders gave chase after the unexpected bounce.

The most recent walk-off inside-the-park home run happened on Aug. 19, 2016, when Cleveland’s Tyler Naquin hit one against the Toronto Blue Jays.

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

My book ‘On Her Game: Caitlin Clark and the Revolution in Women’s Sports,’ was published by Scribner on Tuesday. Much is being written and said about the book, but here are three stories in the book you might not have heard. 

Clark’s real reaction to the Olympic snub

During an interview session after the Indiana Fever practice on June 9, 2024, Caitlin Clark was asked about the Olympic team decision. ‘I’m excited for the girls that are on the team,” she said. ‘I know it’s the most competitive team in the world, and I knew it could’ve gone either way — me being on the team, me not being on the team. I’m excited for them, I’m going to be rooting them on to win gold.

‘Honestly, no disappointment,’ she added. ‘I think it just gives you something to work for. It’s a dream; hopefully one day I can be there. I think it’s just a little more motivation, you remember that, and hopefully, when four years comes back around I can be there.”

Fever coach Christie Sides said during her availability with the media that Sunday that she and Clark texted right after she got the call on the bus. ‘She texted me to let me know. I just tried to keep her spirits up. The thing she said was, ‘Hey, Coach, they woke a monster,’ which I thought was awesome.”

Although Clark took the high road in her public comments, Sides said in an interview for this book that the Olympic decision was ‘such a disappointing moment for her. Being an Olympian is a huge dream of hers, and when she realized it wasn’t going to happen, it just lit a fire under her.’

As the team landed in Indianapolis after a game in Washington earlier that evening and got off the plane late at night, Sides said she and Clark “were walking and talking about the decision. She could have gone to practice that night, I mean, that’s where she was, that’s the competitor she is. She didn’t really say much more after that.”

Clark’s ‘big sister’

As Clark’s name was called first in the 2024 WNBA Draft, veteran Fever point guard Erica Wheeler exploded from her courtside seat in Gainbridge Fieldhouse. Giddy with anticipation at the news she knew was coming, Wheeler had placed one hand on the knee of Lexie Hull and the other on the knee of Maya Caldwell, both Fever teammates at the time, and waited to hear Engelbert’s words.

Wheeler—known as “EW” to her teammates—leaped for joy with Hull and Caldwell, then pulled a red Fever No. 22 jersey over her head and ran around the court as the fans stood and roared. “Let’s go!” Wheeler shouted to every corner of the arena.

Her happiness was predictable, but also admirable, for as she danced, she knew she was celebrating the moment that she had lost her starting job. Clark was going to be the starting point guard for the Fever, guaranteed. Wheeler would be her backup, a difficult role, but one she understood, and even relished.

‘You know when you go to a different school,” said the 33-year-old Wheeler, “the first day of school, you don’t know anybody, and you find that one person that says hi to you that becomes your best friend.”

Wheeler became that person for Clark.

‘For me as a big sister, I’m going to take the first step, to just let her know, ‘We’re here, we got you. Whatever you need from me as your vet, even in the same position, I got you.’ . . . She’s one of the biggest players in the world right now and she don’t act like that. She’s just like, ‘Help me, in any way you can,’ in a sweet way, there’s no ego at all, she’s not selfish. . . . She wants to learn, she wants to be a family, and I’m like a big sister to her.”

27 minutes — not one mention of Clark

Throughout the WNBA post- and off-season, the league found itself curiously out of step with the nation’s fondness for Clark. On Oct. 10, before Game One of the WNBA Finals in Brooklyn, commissioner Cathy Engelbert spoke for 27 minutes in a press conference about the historic developments in the 2024 season and never once mentioned Clark’s name.

Calling the season ‘the most transformational year in the WNBA’s history,’ Engelbert talked glowingly about the record or near-record levels of viewership, attendance, merchandise sales, and digital engagement. ‘You saw some teams upgrade . . . arenas for certain games this year, and I thought that was a sign and signal as attendance has grown across the league that we can play in bigger arenas. . . . We had our highest-attended game ever, over 20,000, in Washington this year.”

Clark, of course, was the reason for most of those moves to larger arenas, and her presence definitely was the only reason Washington had the biggest crowd in WNBA regular-season history on Sept. 19.

Engelbert sprinkled the names of various WNBA players throughout her press conference, among them: Napheesa Collier, Sabrina Ionescu, Breanna Stewart, Leonie Fiebich, Aliyah Boston, and A’ja Wilson. But no Clark.

Through her spokespeople, Engelbert was asked to be interviewed for this book several times in late 2024 and early 2025. Every request was declined. In March 2025, I asked again, specifically wondering why Engelbert, on Oct. 10, failed to mention Clark’s name when referring to the unprecedented season highlights that happened because of Clark.

On March 10, Engelbert replied in a text message sent through a spokesperson:

‘You’re asking me why I didn’t mention Caitlin Clark during my WNBA Finals press conference? I didn’t mention any players in that press conference other than some of those from the Liberty and the Lynx who were participating in the Finals.’

Engelbert did mention two players who were not participating in the Finals: Aliyah Boston and A’ja Wilson. She talked about them when mentioning WNBA players in commercials: ‘There’s virtually not a sporting event you can turn on where one of our players is not in an ad spot. That was not happening five years ago. Look at Aliyah Boston and Sabrina and A’ja and so many of our players in these ad spots.’

Engelbert’s March 10 text continued: ‘I have stated many times that Caitlin is a generational talent and there is no denying her impact — not only in the WNBA but beyond the world of sports. We have also always stood by the belief that our league is not about any one player but about the collective talent, teamwork, and dedication of all the athletes who continue to elevate the game and inspire generations. Just because Caitlin’s name is not mentioned in every interview or press conference does not mean we do not recognize, celebrate, and fully support her — both as an athlete and, even more importantly, as a person.”

A week and a half before the WNBA Finals, Engelbert, in an interview with 60 Minutes correspondent Jon Wertheim for a piece on Clark and the WNBA, was asked to describe ‘the Caitlin Clark phenomenon.” 

Engelbert replied, ‘She’s clearly an unbelievable player, came in with an unbelievable following, has brought a lot of new fans to the league. If you look at our historic season around our attendance, our viewership, Caitlin — Angel, too, Angel Reese, Rickea Jackson, Cameron Brink — this class of rookies, we will be talking about them a generation from now.’

Wertheim followed up. ‘I notice when you’re asked about Caitlin a lot, you bring up other rookies as well.’

‘No league’s ever about one player,’ Engelbert replied. ‘That player could get hurt or whatever, so I think it’s just to give recognition that in sports, people watch for compelling content and rivalries. And you can’t do that alone as one person.”

By practically any measure, Clark was that one person.

Adapted from ‘On Her Game: Caitlin Clark and the Revolution in Women’s Sports’ by Christine Brennan. Copyright © 2025 by Christine Brennan. Adapted for excerpt with permission from Scribner, a division of Simon & Schuster, Inc.

This post appeared first on USA TODAY

The past week has been relatively stable in terms of sector rankings, with no new entrants or exits from the top five. However, we’re seeing some interesting shifts within the rankings that warrant closer examination. Let’s dive into the details and see what the Relative Rotation Graphs (RRGs) are telling us about the current market dynamics.

Sector Rankings Shuffle

The top three sectors, technology, industrials, and communication services, remain firmly entrenched in their positions. But the real action is happening just below them. Financials climbed to the number four spot, consequently pushing utilities down to fifth place. This shift is significant, as it indicates a move towards more cyclical sectors in the top rankings.

These changes suggest a potential shift towards more economically sensitive and offensive sectors, which supports a bullish scenario or at least a move away from defensive positioning.

  1. (1) Technology – (XLK)
  2. (2) Industrials – (XLI)
  3. (3) Communication Services – (XLC)
  4. (5) Financials – (XLF)*
  5. (4) Utilities – (XLU)*
  6. (8) Materials – (XLB)*
  7. (7) Consumer Staples – (XLP)
  8. (6) Real-Estate – (XLRE)*
  9. (10) Consumer Discretionary – (XLY)*
  10. (9) Energy – (XLE)*
  11. (11) Healthcare – (XLV)

Weekly RRG

The weekly Relative Rotation Graph continues to show strength in the technology sector within the leading quadrant. Industrials is also maintaining its position in the leading quadrant, with a very short tail, indicating a consistent relative uptrend.

Communication services, financials, and utilities are currently in the weakening quadrant. However, communication services have rebounded and appear to be making their way back towards the leading quadrant again.

Financials and utilities, on the other hand, are showing negative headings, with utilities displaying the weakest momentum (longest tail).

Daily RRG

Switching to the daily RRG, we get a more granular view of recent sector movements:

  • Technology remains the strongest sector, with a high RS ratio and a short tail
  • Communication services are rotating at a slightly negative heading but still within the leading quadrant
  • Financials and industrials are showing promise in the improving quadrant
  • Utilities continues to rotate within the lagging quadrant, confirming its weakness

The positioning of these sectors, particularly the strength of technology and improvements in financials and industrials, suggests a shift towards more cyclical and less defensive sectors in the market.

Technology

Tech continues its rally after breaking above the $240 resistance area. The raw RS line is also climbing, having broken out of its falling channel. This sector remains the market leader and shows no signs of slowing down.

Industrials

The industrial sector has cleared its overhead resistance and is pushing higher. Its RS line is putting in new highs, reflecting strong relative performance. The RRG lines remain in the leading quadrant and may be turning up again, a bullish sign.

Communication Services

Comms have broken above their resistance around 105. While still at the lower boundary of its rising RS channel, it’s starting to pick up steam. Both RRG lines are climbing, with RS momentum approaching the 100 level. A cross above that level would put it back in the leading quadrant.

Financials

Financials broke through overhead resistance last week, which is a significant positive development. It’s now above both horizontal resistance and its former support line. The relative strength line needs some work, but with the current price breakout, improvement seems likely in the near future.

Utilities

The weak link in the top five, utilities, remains range-bound. It’s still above support, but not by much. With the broader market rising, utilities’ sideways movement is causing its RS line to drop. The RRG lines are rolling over, and we may soon see this sector rotate into the lagging quadrant on the weekly RRG.

Portfolio Performance Update

I must admit, our portfolio is still underperforming. The current drawdown is a little over 8%, which isn’t ideal. However, this is the nature of trend-following strategies. We’re sticking with our approach through this period of underperformance, confident that historical results support our patience.

If market trends continue as they are, we should see more offensive sectors rotate into the top five. This shift, in turn, should help us overcome the current drawdown and eventually bring us ahead of the S&P again.

Remember, investing is a marathon, not a sprint. Periods of underperformance are normal and to be expected. The key is to stay disciplined and trust in your strategy.

#StayAlert and have a great week. –Julius


Investor Insight

As it advances its portfolio of gold assets in Western Australia’s prolific Pilbara gold province and New Zealand’s Otago Schist Belt, New Age Exploration presents a compelling investor value proposition, supported by a lean, discovery-driven strategy and an experienced technical team.

Overview

New Age Exploration (ASX:NAE) is building a pure-play gold exploration story centered on high-quality assets in tier-one jurisdictions in Western Australia and New Zealand. The company’s clear strategy is to operate in geological corridors already proven by major discoveries, while applying modern, cost-effective exploration techniques to define new zones of mineralization.

In Western Australia, the company’s Wagyu gold project is directly along strike from De Grey Mining’s Hemi discovery – now owned by Northern Star Resources (ASX:NST). In New Zealand, its projects – Lammerlaw and Otago Pioneer Quartz – lie within the same regional structure that hosts OceanaGold’s (TSE:OGC) 5 Moz Macraes deposit and Santana Minerals’ (ASX:SMI) rapidly growing Rise & Shine system.

With gold prices hovering at all-time highs, NAE’s approach favours technology-led targeting, rather than brute-force drilling campaigns, by using geophysics, geochemistry and passive seismic to zero in on structurally controlled gold systems with potential for scale.

All its projects are supported by local technical teams and seasoned exploration leadership, allowing concurrent progress and capital-efficient deployment. Recent programs at Wagyu and Lammerlaw have confirmed early-stage discoveries, and both assets are advancing through their next stages of drilling and target definition.

Company Highlights

  • Pilbara and Otago Exposure: Strategic landholdings in two world-class gold regions – Pilbara (WA) and Otago (NZ) – offering dual discovery potential.
  • Hemi-style Intrusion Targets: The Wagyu Gold Project shares geological features and proximity with De Grey Mining’s 11.7 Moz Hemi discovery, increasing the likelihood of a major find.
  • High-grade Intercepts: Recent drilling at Wagyu returned standout intercepts including 11.2 g/t gold and 1m @ 15.6 g/t gold.
  • Emerging New Zealand Gold Revival: Positioned at the forefront of a regional exploration resurgence in New Zealand’s South Island, supported by rising gold prices and favorable regulatory conditions.
  • Strong Cash Position: Recently raised AU$1.96 million to fund ongoing drilling, with multiple near-term catalysts expected.

Key Projects

Wagyu Gold Project

The Wagyu gold project is New Age Exploration’s flagship asset located in the highly prospective Central Pilbara region of Western Australia. The project is strategically situated between two major gold systems – Northern Star’s Hemi Gold Deposit (11.7 Moz gold resource) and the Withnell deposit – within the Mallina Basin, which hosts a similar intrusive-style orogenic gold mineralizing system. NAE holds exploration license E47/2974, which covers 136 sq km. Since acquiring the project, NAE has conducted extensive early-stage exploration, beginning with the reinterpretation of geophysical datasets, including airborne magnetics, radiometrics and satellite imagery, to delineate potential Hemi-style intrusions and structurally hosted gold targets.

Wagyu gold project location map

The company-initiated fieldwork in April 2024, completing soil sampling, gravity surveys and passive seismic geophysical surveys to refine drill targets. These efforts culminated in an extensive aircore drilling campaign (257 holes, over 7,000 m drilled), which identified a broad, crescent-shaped gold anomaly approximately 1.5 km in strike length. Notable results included intercepts such as 5.3 grams per ton (g/t) gold over 4 m (including 15.6 g/t gold over 1 m) and 2.7 g/t gold over 2 m. Encouraged by these results, the company completed its maiden RC program in March-April 2025, drilling 3,023 m across 33 holes targeting two high-priority gravity anomalies. Assays released in May 2025 confirmed a shallow oxide gold system and evidence of underlying mineralized structures, including 1.26 g/t gold over 5 m from 31 m (WRC029), 1.32 g/t gold over 3 m from 43 m (WRC031), and 1.44 g/t gold over 2 m from 83 m (WRC009). Numerous other holes returned mineralized intervals of 0.5 to 0.8 g/t over broad zones.

Importantly, geological logging and geophysical modeling support the presence of vertical feeder structures, interpreted as potential gold-bearing intrusions and fault-hosted ‘pipes,’ similar to Hemi’s discovery model. The Wagyu system remains open in all directions, with multiple untested gravity targets and deeper feeder zones yet to be explored. A follow-up RC campaign is planned for Q3/2025, focused on extending mineralization and chasing those deeper pipe-like structures beneath the supergene blanket.

Lammerlaw Gold and Antimony Project

Lammerlaw permit occurs in the southern limb of a regional fold feature characterised by a change in metamorphic grade from upper greenschist (purple) to lower greenschist (green).

The Lammerlaw gold and antimony project is located in the Otago Schist Belt, a prolific gold-bearing region in the South Island of New Zealand. The project spans 265 sq km and is held under Exploration Permit EP60807. The area is renowned for its historic gold production and geological similarity to OceanaGold’s Macraes Mine, New Zealand’s largest active gold mine with more than 5 Moz in resources. NAE acquired the project through a competitive acreage release and has since completed desktop studies, field mapping and geochemical sampling, which identified multiple 2 to 4 km-long gold-antimony soil anomalies aligned with historical workings.

During 2023-2024, the company identified nine high-priority drill targets based on soil geochemistry (gold, antimony, arsenic, tungsten), historic production data and structural mapping. NAE mobilized a Phase 1 RC drill program in early 2025, designed to test structurally hosted vein systems within both brittle and ductile deformation zones. This work confirmed the presence of gold and antimony mineralization in several targets, though results are still under review. Access to some targets is subject to Department of Conservation approvals, which the company is pursuing concurrently. A Phase 2 drill campaign is planned for Q1/2026, pending access approvals and final interpretation of current results.

Otago Pioneer Quartz Project

Overview of prospects locations within the OPQ Gold Exploration Project.

The Otago Pioneer Quartz (OPQ) project is in Central Otago within the historic Gabriel’s Gully gold district, the epicenter of the 1860s Otago gold rush. The project lies within the same regional schist belt that hosts OceanaGold’s Macraes operation. NAE acquired the OPQ tenement to secure additional exposure to high-grade shear-hosted and orogenic gold systems in the Otago region. The area is characterized by low-sulphide gold quartz veins associated with greenschist facies metamorphic rocks and late-stage brittle faulting.

While still early-stage, the company has conducted preliminary soil sampling and mapping across the tenement to delineate mineralized structures. Historical records suggest significant past production from alluvial and hard-rock sources, though modern exploration has been minimal. Given its proximity to known gold-bearing shear zones and favourable host rocks, OPQ remains a high-priority, low-cost exploration asset for future campaigns.

Going forward, NAE intends to conduct detailed geochemical and structural mapping, followed by scout drilling at known historical workings. The project remains a capital-light optionality play with future drill programs dependent on results from Lammerlaw and Wagyu.

Management Team

Alan Broome – Chairman

Alan Broome is a highly respected figure in the Australian mining industry with more than 40 years of experience across mining, metals and mining technology. A metallurgist by training, Broome has served as chairman and director of numerous ASX-listed and private companies, contributing to significant exploration and development successes. His leadership brings deep strategic insight and a proven track record in guiding discovery-stage companies through to project advancement.

Joshua Wellisch – Executive Director

A capital markets executive with deep ASX and venture experience, Joshua Wellisch leads strategic and operational execution for NAE’s projects. Wellisch is also currently a director of NRG Capital, specialising in capital raisings, corporate structuring and the facilitation of ASX listings and was formerly managing director of Kairos Minerals Limited.

Peter Thompson – Chief Geologist

Appointed in 2025, Peter Thompson brings 35+ years of exploration leadership including stints at Western Mining, Anaconda Nickel, and as CEO of St Barbara. He led redevelopment of Beaconsfield Gold Mine, spearheaded the acquisition, listing and development of the Karlawinda gold deposit and was instrumental in the discovery and advancement of large volcanogenic massive sulphide deposits in Mongolia.

James Pope – Consulting Geologist (NZ)

James Pope is a highly experienced minerals sector professional with nearly 30 years in exploration, consulting and research across a broad range of commodities including gold, PGE, diamonds, base metals, coal and coal seam gas. He currently leads Strata Geoscience, a specialised geoscience consultancy based in Christchurch, New Zealand. Throughout his career, Pope has progressed from hands-on geological mapping and drill site supervision to leading multidisciplinary teams of up to 50 professionals delivering exploration, resource assessment, engineering and environmental services.

Kerry Gordon – Consulting Geologist (NZ)

Kerry Gordon is a seasoned minerals sector professional with nearly 25 years of experience spanning exploration, resource development and operations. He is currently a principal at Strata Geoscience, and has worked across New Zealand, Australia, Papua New Guinea, Vietnam and Mongolia on projects involving gold, critical metals (antimony, tungsten), coal, coal seam gas, and conventional petroleum. Gordon is an expert at managing exploration programs in remote and technically demanding environments, with a strong focus on field-based geological techniques, complex drilling and downhole logging operations, and logistical coordination.

This post appeared first on investingnews.com

 

  

 

   

 

  

 

  About finlay minerals ltd.  

 

Finlay is a TSXV company focused on exploration for base and precious metal deposits with five 100% owned properties in northern British Columbia : the PIL and ATTY properties in the Toodoggone (13,374 hectares (‘ha’)), the Silver Hope Cu-Ag Property (21,322 ha) and the SAY Cu-Ag & the JJB Cu Properties (41,655 ha) in the Bear Lake Corridor. Each property is located in areas of recent development and porphyry discoveries with the advantage of hosting the potential for new discoveries.

 

The PIL and ATTY Properties are fully and sole funded by Freeport-McMoRan through 6-year Earn-In Agreements; the JJB, SAY and Silver Hope 2025 exploration programs are fully funded by Finlay.

 

Finlay trades under the symbol ‘FYL’ on the TSXV and under the symbol ‘FYMNF’ on the OTCQB. For further information and details, please visit the Company’s website at www.finlayminerals.com  

 

  On behalf of the Board of Directors,  

 

  Robert F. Brown , P. Eng.
President, Executive Chairman of the Board & Director

 

  Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.  

 

   Forward-Looking Information:    This news release includes certain ‘forward-looking information’ and ‘forward-looking statements’ (collectively, ‘forward-looking statements’) within the meaning of applicable Canadian securities legislation. All statements in this news release that address events or developments that we expect to occur in the future are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, although not always, identified by words such as ‘expect’, ‘plan’, ‘anticipate’, ‘project’, ‘target’, ‘potential’, ‘schedule’, ‘forecast’, ‘budget’, ‘estimate’, ‘intend’ or ‘believe’ and similar expressions or their negative connotations, or that events or conditions ‘will’, ‘would’, ‘may’, ‘could’, ‘should’ or ‘might’ occur. All such forward-looking statements are based on the opinions and estimates of management as of the date such statements are made. Forward-looking statements in this news release include statements regarding, among others, corporate plans. Although Finlay 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 or developments may differ materially from those forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploration successes, and continued availability of capital and financing, and general economic, market or business conditions. These forward-looking statements are based on a number of assumptions including, among other things, assumptions regarding general business and economic conditions, the timing and receipt of regulatory and governmental approvals, the ability of Finlay and other parties to satisfy stock exchange and other regulatory requirements in a timely manner, the availability of financing for Finlay’s proposed transactions and programs on reasonable terms, and the ability of third-party service providers to deliver services in a timely manner. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Finlay does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future or otherwise, except as required by applicable law.  

 

SOURCE finlay minerals ltd. 

 

 

 

  View original content to download multimedia: http://www.newswire.ca/en/releases/archive/July2025/07/c0723.html  

 

 

 

News Provided by Canada Newswire via QuoteMedia

This post appeared first on investingnews.com

Here’s a quick recap of the crypto landscape for Monday (July 7) as of 9:00 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) is priced at US$108,159, a 0.3 percent decline in the last 24 hours. The day’s range for the cryptocurrency brought a low of US$107,591 and a high of US$108,551.

Bitcoin price performance, July 7, 2025.

Chart via TradingView.

Bitcoin hovered near US$109,000 at the start of the day as investors shifted from equities to crypto in response to tariff-related uncertainty under US President Donald Trump.

Meanwhile, MicroStrategy’s (NASDAQ:MSTR) paused its weekly Bitcoin purchases for the first time since March, signaling a strategic reassessment amid recent volatility. Together, macro pressures and institutional moves helped support Bitcoin’s price.

Ethereum (ETH) is priced at US$2,546.07, up by 0.2 percent over the past 24 hours. Its lowest valuation as of Monday was US$2,521, and its highest was US$2,553.

Altcoin price update

  • Solana (SOL) was priced at US$149.11, down by 1.3 percent over 24 hours. Its lowest valuation as of Monday was US$149.21, and its highest was US$153.06.
  • XRP was trading for US$2.30, up 1.6 percent in the past 24 hours. The cryptocurrency’s lowest valuation was US$2.28, and its highest was US$2.30.
  • Sui (SUI) is trading at US$2.87, down by 0.7 percent over the past 24 hours. Its lowest valuation was US$2.84 and its highest was US$2.92.
  • Cardano (ADA) is priced at US$0.5847, down by 0.4 percent in the last 24 hours. Its lowest valuation as of Monday was US$0.5764, and its highest was US$0.589.

Today’s crypto news to know

CoreWeave to acquire Core Scientific for US$9 billion

CoreWeave (NASDAQ:CRWV) signed a definitive agreement to acquire Core Scientific (NASDAQ:CORZ) in an all-stock deal valued at US$9 billion, the company announced today. Core Scientific’s shareholders will receive 0.1235 shares of CoreWeave Class A common stock for each share of Core Scientific, representing a 66 percent premium over Core Scientific’s June 25 closing price of US$12.30.

The deal had been in the works for over a year. A US$1 billion bid made by CoreWeave in 2024 was initially rejected as too low, but the Wall Street Journal reported in June 2025 that discussions between the two companies had resumed.

“This acquisition accelerates our strategy to deploy AI and (high-performance computing) workloads at scale,” said Michael Intrator, CoreWeave’s CEO, Chair and co-founder. “Verticalizing the ownership of Core Scientific’s high-performance data center infrastructure enables CoreWeave to significantly enhance operating efficiency and de-risk our future expansion.”

Bit Digital shifts corporate treasury from Bitcoin to Ether

Digital asset firm Bit Digital (NASDAQ:BTBT) has shifted its corporate treasury from Bitcoin to Ether, according to an announcement made by the company on Monday.

The change was punctuated by a purchase of more than 75,000 ETH tokens, funded by the sale of 280 Bitcoin and proceeds raised during a recent public offering that brought in US$172 million.

According to the announcement, Bit Digital held 24,434 ETH prior to the offering, and the additional ETH acquisition has brought the company’s total to approximately 100,603 ETH. This move establishes Bit Digital as the second-largest corporate holder of ETH after Coinbase Global, according to CoinGecko data.

Following this news, Bit Digital’s stock closed over 18 percent higher, and its market capitalization temporarily rose above US$1 billion.

The Blockchain Group and Smarter Web Company expand Bitcoin holdings

On the other hand, France’s The Blockchain Group (EPA:ALTBG) and the United Kingdom’s Smarter Web Company (AQSE:SWE) expanded their Bitcoin holdings today.

In a Monday announcement, The Blockchain Group said it acquired 116 BTC for about 10.7 million euros, bringing its total holdings to 1,904 BTC.

The Smarter Web Company announced its purchase of 226.42 BTC for 17.9 million pounds, bringing the company’s total to 1,000 BTC.

SEC’s crypto ETF guidance signals mainstream shift

The US Securities and Exchange Commission took a major step toward regulating crypto exchange-traded products with its first formal guidance on crypto ETP disclosures, according to a Reuters analysis.

Issued last week, the 12 page document issues new guidance, stating firms should describe risks and custody arrangements in “plain English.” The document could speed up approval of dozens of new crypto ETFs tied to a variety of coins, including Solana, XRP and even Trump’s meme coin, Reuters states.

Anonymous insiders told Reuters the SEC is also developing a more standardized listing rule to replace the case-by-case exemptions that currently delay launches. That change could shrink approval timelines from 240 days to as little as 75.

Musk’s America Party goes all-in on Bitcoin, calls fiat ‘hopeless’

Elon Musk confirmed that his newly formed America Party will officially embrace Bitcoin after declaring that “fiat is hopeless” in a post on X.

The move follows Musk’s earlier hints at increasing his own Bitcoin exposure and praising Bitcoin as a hedge against traditional currency.

Musk was a significant figure in Trump’s reelection campaign and even headed the Department of Government Efficiency before splitting with Trump over his budget bill and creating the America Party.

The shift could inject more digital asset discussions into US politics as Musk tries to build a third-party movement.

Despite hype from Dogecoin supporters, no plans for DOGE adoption were announced.

Metaplanet boosts Bitcoin stash past 15,500 BTC

Japan’s Metaplanet (OTCQX:MTPLF,TSE:3350) disclosed this week that it purchased another 2,205 BTC at an average price of 15.64 million yen per coin, spending around US$213 million.

This purchase brings the firm’s total bitcoin holdings to 15,555 BTC, making Metaplanet one of the world’s largest corporate holders of the asset.

The company tracks a proprietary metric called BTC Yield, measuring the effect of share dilution on per-share bitcoin value.

For the second quarter, Metaplanet reported a BTC yield of 95.6 percent, down from 309.8 percent the previous quarter, but still strong enough to highlight aggressive growth.

Metaplanet’s total BTC investment now tops US$1.38 billion.

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

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

This post appeared first on investingnews.com

The gold price continued to surge to new record highs in the second quarter of the year, reaching an all-time high of C$4,663.85 per ounce, or US$3,433.47, on June 13.

The gains were primarily fueled by safe-haven investment as Israel and the United States launched attacks on Iranian nuclear sites and Iran retaliated against targets in Israel and a US base in Qatar. Although a ceasefire was announced, tensions in the region remain high.

Additional tailwinds come from the continuing uncertainty in global financial markets, stemming from shifting US trade policy and Donald Trump’s ongoing, on-again-off-again tariff plans.

There is also additional uncertainty going into the second half of the year as the US government passed its “Big Beautiful Bill” on July 3. The bill has been criticized from both sides, including the former head of the Department of Government Efficiency, Elon Musk, for increasing deficit spending and exacerbating an already ballooning debt, which some investors believe is driving the US toward a debt crisis.

What does this mean for junior gold companies? While there was delay in translating high gold prices into share price gains for gold explorers, many are now up significantly this year. Below, we profile the five TSXV gold companies that are the best performers of 2025 by year-to-date share price gains.

Data for this article was retrieved on July 3, 2025, using TradingView’s stock screener, and only companies with market capitalizations greater than C$10 million are included.

1. Onyx Gold (TSXV:ONYX)

Year-to-date gain: 846.34 percent
Market cap: C$122.48 million
Share price: C$1.94

Onyx Gold is an exploration company advancing its Munro-Croesus project, located near Timmins in Ontario, Canada. The company has increased the size of the land package by 200 percent between 2020 and 2025, and the project now covers an area of 109 square kilometers.

Munro-Croesus hosts the historic Croesus mine, which produced 14,859 ounces of gold between 1915 and 1936 with an average grade of 95.3 grams per metric ton (g/t). Onyx is the first company to explore the property since the mine closed.

Shares in Onyx have had significant gains in the second quarter of 2025. The momentum came as the company announced option agreements to enlarge its land package at Munro-Croesus.

The first announcement came on April 10, when it stated that it had agreed with private vendors to acquire a 21 hectare patented claim near the Argus North zone. Under the terms of the agreement, Onyx has the option to acquire a 100 percent interest in the property, which has never been drilled, in exchange for cash consideration of C$1.5 million and 3.3 million Onyx shares over a three-year period.

The second acquisition was announced on June 24, when Onyx reported that it signed a mineral property purchase and sale agreement to acquire a 100 percent interest in the Munro and Hewitt properties, both located near the existing Munro-Croesus project. The acquisition will expand the company’s land package from 95 to 109 square kilometers.

Alongside its land consolidations, Onyx has also spent the second quarter advancing exploration at the property.

Most recently, on June 26, the company reported the first drill results from its 10,000 meter spring drill program at the Argus North zone at Munro-Croesus. One highlighted assay contained 1.8 grams per metric ton (g/t) gold over 91 meters, including 4 g/t over 32 meters and 5.3 g/t over 17 meters.

The company said the results demonstrate the continuity of broad zones of high-grade gold mineralization.

Shares in Onyx reached a year-to-date high of C$2.09 on June 27.

2. Goldgroup Mining (TSXV:GGA)

Year-to-date gain: 500 percent
Market cap: C$217.34 million
Share price: C$0.99

Goldgroup Mining is a gold production, development and exploration company working to advance its Cerro Prieto heap-leach gold mine. The 4,335 hectare property, located in Sonora, Mexico, produces an annual average of 11,500 ounces of gold and has produced more than 120,000 ounces since its beginning in March 2013.

Goldgroup is currently working to double the capacity of the mine to more than 25,000 ounces per year. The last update on progress came in October 2024, when it announced that it had installed the primary crusher with a 2,200 metric ton per day throughput. It also said it had expanded pumping and irrigation capacity.

The most recent update on Cerro Prieto came on March 26, when Goldgroup announced high-impact exploration near the mine. The program will include 6,000 meters of diamond drilling focused on the Nuevo Esperanza and Reyna zones, which are next to the main Esperanza production zone.

The company also announced plans for an induced polarization geophysical survey and surface trenching 1 kilometer south of the mine to further investigate newly discovered mineralized zones.

In addition to activities at Cerro Prieto, the company announced on March 7 that it had entered an agreement to acquire Minera Apolo and its Pinos gold project from Candeleria Mining in exchange for settling a US$2.7 million loan facility. Goldgroup previously secured rights to the facility with Candeleria from a creditor group in a maneuver to acquire the project.

Pinos is a fully permitted gold project situated in the Zacatecas mining belt of Northern Mexico and comprises 29 concessions over 3,816 hectares. A 2018 PEA revealed an after-tax net present value of US$12 million, with a 25 percent internal rate of return at a gold price of US$1,250 per ounce.

Shares in Goldgroup reached a year-to-date high of C$1.08 on May 9.

3. Trident Resources (TSXV:ROCK)

Year-to-date gain: 400 percent
Market cap: C$19.62 million
Share price: C$0.75

Trident Resources, formerly Eros Resources, is a gold and copper exploration company focused on projects in Saskatchewan, Canada.

A three-way merger in early 2025 between Eros Resources, MAS Gold and Rockridge Resources, allowed the companies to consolidate a portfolio of assets in Saskatchewan, including the Contact Lake and Greywacke gold projects in the La Ronge gold belt as well as the Knife Lake copper project.

Before this year, Eros was focused on the Bell Mountain gold-silver project in Nevada, US, but on January 6, the company announced it had sold the property to Lincoln Gold Mining (TSXV:LMG) in exchange for up to 4.5 million common shares and a net profits interest of 7.5 percent of net returns from gold and silver produced at the project to a maximum of US$2 million.

The company announced its rebranding from Eros to Trident on April 23, with its new name chosen in part to represent the three companies joining together. In the release, the company stated that the rebrand marked the beginning of a new chapter for the company, underscoring its focus on the gold and copper markets.

On May 6, Trident announced it received drill permits for the Contact Lake project, marking the first project news following the rebrand.

Trident stated the drill program would be conducted over the summer and consist of approximately 5,000 meters, with 3,800 meters to be carried out at the Contact Lake deposit and 1,200 meters at the Preview SW deposit.

Shares in Trident reached a year-to-date high of C$0.75 on July 3.

4. Solstice Gold (TSXV:SGC)

Year-to-date gain: 333 percent
Market cap: C$15.28 million
Share price: C$0.065

Solstice Gold is an exploration company focused on advancing its flagship Strathy gold project in Ontario, which it acquired in June 2024.

The project consists of 45 claims covering an area of 45 square kilometers in the Temagami Greenstone belt. Historical documents report six gold showings in the central portion of the project areas, with documented mineralization at the Leckie prospect.

On January 15, Solstice announced results from an induced polarization survey of the property. It identified 50 new targets, with the highest priority targets being along strike on the Leckie Fault. The company stated that the results support the existence of an extensive, largely unexplored system, with potential for multiple discoveries.

Solstice said it had also been selected to receive a grant under the Ontario Junior Exploration Program from the provincial government. The grant will provide 50 percent of the exploration funding, up to a maximum of C$194,000.

Shares in Solstice gained early in the year following its January 20 announcement that Michael Gentile had increased his stake in Solstice to 16.76 percent, making him the single largest shareholder.

In its latest project update on July 2, Solstice announced it had wrapped up its spring drill program, which focused on four target areas. In total, the company completed 3,125 meters of drilling across 14 holes, and results are expected in July.

The company reported that it had entered into an agreement to acquire 17 additional claims, which would increase the project area by 50 percent. It added that targets identified from its IP program may extend along strike into these claims.

Shares in Solstice reached a year-to-date high of C$0.065 on June 27.

5. Lahontan Gold (TSXV:LG)

Year-to-date gain: 300 percent
Market cap: C$28.49 million
Share price: C$0.10

Lahontan Gold is a development and exploration company dedicated to advancing a portfolio of properties in Nevada, United States.

Its primary focus is on its flagship Santa Fe gold-silver project in Walker Lane. The property consists of 291 unpatented lode mining claims, 67 unpatented mill site claims, and 24 patented lode mining claims, covering a land package of 26.4 square kilometers.

On January 24, the company released a PEA for the project that demonstrated an after-tax net present value of US$56.5 million with an internal rate of return of 17.4 percent over a payback period of 4.24 years based on a gold price of US$2,025 per ounce.

The included MRE for the site reports an indicated resource of 1.44 million ounces of gold and 11.2 million ounces of silver from 48.39 million metric tons of ore at an average grade of 0.92 g/t gold and 7.18 g/t silver. It also hosts an inferred resource of 401,000 ounces of gold and 1.75 million ounces of silver from 16.76 million metric tons at a grade of 0.74 g/t gold and 3.25 g/t silver.

The most recent news from Lahontan was on March 18, when it provided an update on its Exploration Plan of Operation submitted to the Bureau of Land Management in November 2024. In the release, the company stated it expects the Bureau to approve the plan, allowing permitting to proceed to the National Environmental Policy Act phase. According to Lahontan, final approval is on track for late 2025.

In the meantime, Lahontan stated that it would be able to continue exploration drilling at its patented mining claims under a Notice of Intent (NOI). On May 6, the company filed a new NOI for additional drilling at the site that would target extensions in the Slab and York areas of the project, and the BLM approved it on June 9.

Additionally, the company announced on June 24 that it had started metallurgical test work at Santa Fe with the goal of substantially improving CN leach gold recoveries for transition materials compared to the 49 percent recovery in the PEA.

Shares in Lahontan reached a year-to-date high of C$0.105 on June 25.

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

This post appeared first on investingnews.com