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Crypto Market Recap: New Hampshire Launches First State Crypto Reserve, Trump Stirs Controversy

Investing 7 Mins Read

Here’s a quick recap of the crypto landscape for Wednesday (May 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) was priced at US$96,171.23 as markets closed, up 1.3 percent in 24 hours. The day’s range has seen a low of US$95,967.46 and a high of US$97,387.02.

Bitcoin performance, May 7, 2025.

Chart via TradingView.

Bitcoin showed signs of a bullish reversal leading up to the US Federal Reserve’s Wednesday interest rate decision. Roughly US$83.6 million in short Bitcoin positions were liquidated on Wednesday, significantly more than the US$15 million in long liquidations, indicating strong upward momentum. Bitcoin open interest has also increased by a notable percentage over the last 24 hours, adding to a nearly 30 percent increase over the last 30 days.

Analysts have noted that holding above US$95,000 will be crucial for a potential climb towards Bitcoin’s all-time high, while dropping below risked a significant fall. The next target is near US$98,000, with a longer-term target around US$100,200 if that resistance breaks. However, analysts for CryptoQuant have also pointed to significant profit-taking as a potential headwind that could interrupt this upward trend.

Ethereum (ETH) finished the trading day at US$1,797.11, a 0.6 percent increase over the past 24 hours. The cryptocurrency reached an intraday low of US$1,792.06 and saw a daily high of US$1,831.84.

Altcoin price update

  • Solana (SOL) hit a value of US$145.86 at the end of the day, up 0.7 percent over 24 hours. SOL experienced a low of US$145.24 and a high of US$147.32
  • XRP was trading at US$2.11, reflecting a 1.2 percent decrease over 24 hours and its lowest point of the day. The cryptocurrency peaked this morning at US$2.14.
  • Sui (SUI) was priced at US$3.26, showing an increaseof 0.8 percent over the past 24 hours. It achieved a daily low of US$3.24 and a high of US$3.38.
  • Cardano (ADA) is trading at US$0.6599, down 0.6 percent over the past 24 hours. Its lowest price of the day was US$0.6580, and it reached a high of US$0.6754.

Today’s crypto news to know

New Hampshire becomes first state to launch crypto reserve

New Hampshire has officially become the first US state to greenlight a cryptocurrency reserve after Governor Kelly Ayotte signed House Bill 302 into law.

The measure authorizes the state treasurer to invest up to 5 percent of public funds in digital assets with a market cap above US$500 billion — effectively limiting the scope to Bitcoin for now.

The assets, along with precious metals, will be held either via a secure custodian or an exchange-traded product. The law goes into effect in 60 days and marks a significant milestone in state-level crypto adoption.

Unlike the federal government’s stagnant plans for a bitcoin reserve, New Hampshire is moving ahead with direct investment. Advocates hope the move will inspire similar initiatives in other states and potentially drive further institutional interest in Bitcoin.

Trump’s crypto projects spark legislative gridlock on Capitol Hill

President Donald Trump’s growing involvement in the crypto sector is intensifying partisan divisions in Congress and jeopardizing progress on digital asset legislation.

A hearing that was set to lay groundwork for crypto market regulation was abruptly cancelled after Rep. Maxine Waters voiced strong objections, citing Trump’s self-promotional crypto ventures as a conflict of interest.

Trump’s $TRUMP meme coin and his partial ownership of World Liberty Financial have drawn criticism from ethics experts and lawmakers alike. Democrats argue that advancing regulation while the former president promotes personal crypto investments creates a perception of impropriety.

Meanwhile, the administration defends the projects, stating Trump’s assets are held in a trust and pose no conflict. Nonetheless, legislative momentum on crypto has clearly slowed, with bipartisan collaboration now under strain.

Crypto gains traction in New Jersey democratic primary

Democratic gubernatorial hopefuls in New Jersey are leaning into crypto policy as a key plank of their campaigns, signaling a broader political shift.

A Bloomberg exclusive reports that leading candidates like Rep. Mikie Sherrill and Jersey City Mayor Steve Fulop have publicly endorsed integrating digital assets into state governance.

Fulop even proposes allocating part of the state’s pension fund to Bitcoin ETFs, a move he previously advanced at the city level. Rep. Josh Gottheimer, another contender, has framed crypto as a driver of economic growth and has backed federal legislation aimed at regulating the industry.

With Donald Trump having successfully capitalized on crypto enthusiasm in his reelection campaign, Democrats are recalibrating their stance to stay competitive.

The growing acceptance of digital assets among candidates suggests crypto will remain a prominent topic in the 2025 election cycle.

Pectra upgrade goes live

Ethereum’s Pectra upgrade, featuring the Prague execution layer hard fork and the Electra consensus layer upgrade, went live on the Ethereum mainnet at about 10:00 am UTC on Wednesday at the start of epoch 364032.

The three main Ethereum improvement proposals (EIPs) included are EIP-7702, EIP-7251 and EIP-7691, which aim to improve user-friendliness and efficiency.

EIP-7702 will enable externally owned accounts to function like smart contracts, handling gas fees and payments in various tokens. EIP-7251 will raise the validator staking limit to 2,048 ETH, streamlining operations for large stakers. Lastly, EIP-7691 will increase data blobs per block, enhancing layer-2 scalability and potentially lowering transaction costs.

The change comes as the growth of Ethereum’s total value locked has lagged behind that of Solana and BNB Chain this year. Artemis data reveals a net outflow of US$50.7 billion for Ethereum year-over-year, contrasting with US$8.3 billion for Base and US$5.8 billion for Solana. However, in the month leading up to the upgrade, Ethereum experienced higher inflows than both Base and Solana.

BlackRock’s Bitcoin ETF outpaces gold funds in 2025 Inflows

Despite gold outperforming bitcoin in price appreciation this year, BlackRock’s spot Bitcoin ETF (IBIT) has outshined traditional gold funds in net inflows.

Since January, IBIT has drawn nearly US$7 billion, surpassing the SPDR Gold Trust, which brought in US$6.5 billion over the same period.

The ETF’s success comes even as Bitcoin prices have lagged behind gold’s recent surge, reflecting institutional faith in digital assets’ long-term value.

Analysts say this trend underscores a shift in investor behavior, with many viewing Bitcoin as a digital complement — or even replacement — for gold.

Analysts now believe bitcoin ETFs could triple gold’s assets under management within the next five years.

Strive Asset Management to form Bitcoin treasury company

Strive Asset Management, an enterprise founded by former presidential candidate Vivek Ramaswamy, revealed plans to transition into a Bitcoin treasury company on Wednesday.

According to the announcement, the transition will be accomplished by a reverse merger with publicly traded Asset Entities (NASDAQ:ASST). The company will operate under the Strive brand, and will likely continue to trade on the Nasdaq under the ticker symbol ASST for the foreseeable future. The merged entity will leverage its combined stock value and access to public equity markets to fund further Bitcoin acquisitions.

“Strive Asset Management intends to use all available mechanisms to build a Bitcoin war chest in a minimally dilutive manner to common shareholders and build a long-term investment approach designed to outperform Bitcoin, by using Bitcoin itself as the hurdle rate for capital deployment,’ Strike said in its release.

Metaplanet increases Bitcoin holdings

Metaplanet (OTCQX:MTPLF,TSE:3350) purchased an additional 555 Bitcoin on Wednesday for US$53.4 million at an average price of US$96,134. The purchase is valued at over US$536 million at current prices.

The company now holds 5,555 BTC, purchased for US$481.5 million at an average price of US$86,672 per Bitcoin, according to CEO Simon Gerovich. The company also announced the issuance of another US$25 million in zero-coupon ordinary bonds to fund additional BTC buys.

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.

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Lundin Mining Declares Filo del Sol a “Generational” Discovery, One of the World’s Largest

Investing 3 Mins Read

Lundin Mining (TSX:LUN,OTC Pink:LUNMF) has released an initial resource estimate for the Filo del Sol sulfide deposit, as well as updated resources for the Filo del Sol oxide deposit and the Josemaria deposit.

Held in a 50/50 joint venture between Lundin and BHP (ASX:BHP,NYSE:BHP,LSE:BHP), the Argentina-based assets are collectively referred to as the Vicuña resource. The new data reportedly makes Vicuña one of the world’s largest copper, gold and silver resources, and places it among the top 10 copper resources worldwide by size.

‘Filo del Sol has been one of the most significant greenfield discoveries in the last 30 years and an amazing journey for all those that have been involved,’ said Lundin Mining President and CEO Jack Lundin in a press release.

“The initial mineral resource has highlighted the potential for one of the highest grade undeveloped open pit copper projects in the world and one of the largest gold and silver resources globally.”

According to Lundin, the Vicuña resource includes:

  • 13 million metric tons (MT) of contained copper in the measured and indicated category, and an additional 25 million MT in the inferred category.
  • 32 million ounces (Moz) of contained gold in the measured and indicated category, and 49 Moz inferred.
  • 659 Moz of contained silver in the measured and indicated category and 808 Moz inferred.

The Filo del Sol and Josemaria deposits are in close proximity to one another, which Lundin says offers a strategic advantage for infrastructure sharing, economies of scale and phased development planning.

The high-grade mineralization at both deposits is particularly notable:

  • Filo del Sol’s high-grade core has 606 million MT in the measured and indicated category at 1.14 percent copper equivalent for contained metal of 4.5 million MT of copper, 9.6 Moz of gold and 259 Moz of silver.
  • Josemaria’s near-surface high-grade material contains 196 million MT in the measured and indicated category at 0.73 percent copper equivalent for contained metal of 978,000 MT of copper, 2.4 Moz of gold and 11 Moz of silver.

Lundin emphasizes the potential for future growth, noting that mineralization remains open at depth, and saying drilling at the nearby Flamenco zone has intercepted new mineralized zones beyond the current resource boundary.

The scale of the discovery has led to a substantial boost in Lundin’s portfolio.

The company reported a 29 percent increase in its measured and indicated contained copper resource, and a staggering 650 percent increase in its inferred contained copper resource, attributable to its stake in Vicuña.

“We see the potential for Vicuña to be not only a significant copper producer but also one of the world’s largest gold and silver mines as well,” Lundin said, highlighting its “truly unique asset” status.

An integrated technical report combining the deposits into a single project is expected in the first quarter of 2026.

Lundin and BHP intend to develop the site into a “globally ranked mining complex,” signaling long-term commitment to unlocking the full potential of the Vicuña district.

The announcement comes amid growing global demand for copper and critical minerals used in renewable energy and electrification technologies. Projects like Vicuña could play a central role in meeting that demand — particularly if high-grade, open-pit deposits can be brought online at competitive cost.

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

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Group Eleven Intersects 12.0m of 2.30% Cu and 560 g/t Ag, Including 6.4m of 3.72% Cu and 838 g/t Ag, Demonstrating High-Grade Copper and Silver Potential at Ballywire

Investing 14 Mins Read

Group Eleven Resources Corp. (TSXV: ZNG) (OTC Pink: GRLVF) (FSE: 3GE) (‘Group Eleven’ or the ‘Company’) is pleased to announce assay results from four new holes from the ongoing drill program at the Company’s 100%-owned Ballywire zinc-lead-silver discovery (‘Ballywire’), PG West Project (‘PG West’), Republic of Ireland.

Highlights:

  • 25-3552-31, a 65m step-out hole, intersected two strongly mineralized horizons:
    • Cu-Ag horizon (starting at 348.7m downhole)
      • 19.9m of 1.46% Cu and 356 g/t Ag, including
      • 12.0m of 2.30% Cu and 560 g/t Ag, including
      • 6.4m of 3.72% Cu and 838 g/t Ag
    • Zn-Pb-Ag horizon (starting at 297.0m downhole)
      • 47.1m of 4.5% Zn+Pb (3.1% Zn and 1.4% Pb) and 22 g/t Ag, including
      • 25.9m of 7.4% Zn+Pb (5.1% Zn and 2.3% Pb) and 35 g/t Ag, including
      • 12.9m of 11.0% Zn+Pb (7.7% Zn and 3.2% Pb) and 57 g/t Ag, including
      • 3.7m of 20.4% Zn+Pb (15.8% Zn and 4.6% Pb) and 151 g/t Ag
  • Up to 10.45% Cu (over 0.80m) and up to 1,880 g/t Ag (over 0.86m) intersected in the Cu-Ag horizon; to the Company’s knowledge, this represents the highest-grade Ag intercept in Ireland over the last >60 years (by any operator) and similarly, one of the highest-grade Cu intercepts
  • Cu-Ag horizon consists of replacement-style mineralization along the base of the Waulsortian Limestone in proximity to a fault structure; mineralization appears to consist mostly of tennantite-tetrahedrite (detailed mineralogy work to be undertaken in due course)
  • Noteworthy is the presence of elevated antimony in the Cu-Ag zone, grading 0.27% Sb within the above 6.4m interval (including 0.80m of 10.45% Cu, 1215 g/t Ag and 0.83% Sb)
  • This hole expands the footprint of the 2.6km long discovery trend by at least 65m down-dip, to a total of at least 170m down-dip along this section (and remains open further down-dip)
  • Drilling continues at Ballywire with two rigs testing (i) the NE extension and (ii) 1.3km ENE of the Ballywire discovery in the vicinity of the prospective ‘D’ gravity-high anomaly; a third rig was added this week, testing the deeper Cu-Ag target (below the Waulsortian Limestone)

‘Intersecting spectacular copper-silver grades over significant thicknesses is a pivotal moment for the Ballywire discovery,’ stated Bart Jaworski, CEO. ‘These results not only strongly point to a stratigraphically deeper Cu-Ag horizon but also represent a proof of concept that substantial grades and thicknesses of copper and silver exist at the discovery, in addition to excellent grades of Zn-Pb. The growing presence of critical minerals at Ballywire, namely, copper, germanium and now potentially antimony, highlights the rising strategic importance of this discovery for Ireland, the EU and our shareholders. With today’s Cu-Ag milestone, continued drilling to the NE and along our prospective 6km trend, plus the start of drilling with our third rig, we are poised to further grow shareholder value as the year progresses.’

Exhibit 1. Cross-Section Showing New Drilling (25-3552-31) at Ballywire Discovery

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5685/251260_exhibit1.jpg

Note: True width of mineralized intervals in 25-3552-31, as a percent of down-hole interval, is estimated to be 50-70%

Exhibit 2. Plan Map Showing New Drilling and Intersected High-Grade Cu-Ag Mineralization

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5685/251260_exhibit2.jpg

New Step-Out Holes at Ballywire Discovery

The Ballywire prospect at the Company’s 100%-owned PG West Project in Republic of Ireland, represents the most significant mineral discovery in Ireland in over a decade. First announced in Sept-2022, the discovery has 52 holes drilled and reported by Group Eleven to date, including the most recent four holes (25-3552-30, -31, -32, and -33) reported today (see Exhibits 1 to 7).

High-grade Zn-Pb mineralization from 25-3552-31 (see Page 1 and Exhibits 1 to 4) consists predominantly of sphalerite, galena and pyrite. High-grade Cu-Ag mineralization in this hole consists of suspected tennantite/tetrahedrite, chalcopyrite, sphalerite, galena and pyrite along and/or close to the base of the Waulsortian Limestone (see Exhibit 1). Noteworthy is the presence of elevated antimony within the Cu-Ag zone. For example, the 6.39m interval below, grading 3.72% Cu and 838 g/t Ag, also grades 0.27% Sb (including 0.80m of 10.45% Cu, 1215 g/t Ag and 0.83% Sb).

Exhibit 3. Summary of Assays from 25-3552-31 at Ballywire

Item From
(m)		 To
(m)		 Int
(m)		 Zn
(%)		 Pb
(%)		 Zn+Pb
(%)		 Ag
(g/t)		 Cu
(%)
25-3552-31 155.00 155.84 0.84 8.41 1.70 10.11 93.8 –
And 188.89 192.61 3.72 2.34 0.22 2.56 11.9 –
Incl. 190.82 191.75 0.93 4.77 0.45 5.22 25.2 –
And 296.95 344.07 47.12 3.13 1.37 4.50 21.6 –
Incl. 300.76 301.70 0.94 5.21 0.72 5.93 13.9 –
And 309.07 334.96 25.89 5.10 2.27 7.37 35.4 –
Incl. 310.00 322.88 12.88 7.72 3.24 10.95 57.4 –
Incl. 315.49 319.20 3.71 15.81 4.56 20.37 151.1 –
And 347.79 370.42 22.63 0.47 0.51 0.98 315.8 1.30
Incl. 348.71 368.60 19.89 0.49 0.57 1.07 356.5 1.46
Incl. 348.71 360.73 12.02 0.59 0.79 1.38 560.1 2.30
Incl. 353.39 360.73 7.34 0.68 1.27 1.95 768.0 3.36
Incl. 354.34 360.73 6.39 0.65 1.46 2.11 838.0 3.72
Incl. 354.34 355.20 0.86 0.77 0.06 0.83 1880.0 5.73
And 355.20 356.09 0.89 0.09 0.02 0.11 516.0 1.12
And 356.09 357.02 0.93 0.40 8.47 8.87 399.0 1.16
And 357.02 357.98 0.96 0.36 1.15 1.51 128.0 1.19
And 357.98 358.78 0.80 2.44 0.21 2.65 1215.0 10.45
And 358.78 359.84 1.06 0.33 0.06 0.38 979.0 3.92
And 359.84 360.73 0.89 0.45 0.03 0.48 871.0 3.52

 

Note: True width of the mineralized interval in hole 25-3552-31, as a percentage of the down-hole interval, is estimated to be 50-70%; for photographs of Cu-Ag rich core, see Appendix and www.groupelevenresources.com.

Three other holes released today were drilled in a 150m gap to the NE of 25-3552-31 (25-3552-30, -32 and -33; see Exhibit 2). Hole 25-3552-30 returned nil mineralization, 25-3552-32 returned three intervals of mineralization up to 0.94m of 2.4% Zn+Pb (0.9% Zn and 1.5% Pb) and 8 g/t Ag, and 25-3552-33 returned three intervals of mineralization up to 0.82m of 2.9% Zn+Pb (1.1% Zn and 1.8% Pb) and 7 g/t Ag. These zones of mineralization are narrower and weaker than those at the main discovery trend but generally in line with recent holes drilled further to the ENE (see holes G11-3552-24, -26 and 28 in news release dated 25-Mar-2025). Disseminated copper mineralization, as well as, mineralized veins and fractures, is strengthening towards the north, suggesting massive sulphide mineralization may be present further north (see northern-most purple line in Exhibit 4). A second mineralized trend is also emerging to the south where the interpreted Cu-Ag rich ‘feeder’ fault pierced by drilling along the main discovery trend appears to correlate with mineralization approx. 350m along strike to the ENE, intersected in G11-3552-08 (see solid and dashed purple lines in Exhibit 4). Drilling is ongoing in the NE area to test the above targets.

Copper-Silver Target

Today’s results add to a growing body of evidence that support the interpretation of a Cu-Ag ‘feeder’ fault parallel to and spatially associated with the main Zn-Pb-Ag discovery at Ballywire (see Exhibit 4). With up to 10.45% Cu and 1,880 g/t Ag in a mineralized horizon near a steeply dipping structure, mineralizing fluids are interpreted to have emanated from deeper in the sedimentary sequence (see Exhibit 5). Meanwhile, the stratigraphy of the region suggests that the Lower Limestone Shale horizon exists approximately 100-200m below the discovery horizon (base of the Waulsortian Limestone). This horizon hosts four well known Cu-Ag historic occurrences in the surrounding area (see Denison, Oola, Gortdrum and Tullacondra in Exhibit 8, located approx. 5km, 9km, 10km and 45km away from Ballywire, respectively).

These historic Cu-Ag occurrences can be interpreted as the eroded remnants of originally more vertically extensive mineralizing systems, likely representing the roots of stratigraphically higher Zn-Pb-Ag mineralization. At Ballywire, the mineralizing system has the potential to be much larger than its neighbouring occurrences (based on a relatively larger footprint to date); additionally, any Cu-Ag mineralization would notionally be intact below the existing Zn-Pb-Ag mineralization.

Given the compelling nature of this exploration model, Group Eleven added a third rig and began drilling this deeper Cu-Ag target this week.

Exhibit 4. Plan Map Showing Interpreted Cu-Ag ‘Feeder’ at Ballywire

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5685/251260_exhibit4.jpg

Exhibit 5. Cross-Section Showing Hypothesized Cu-Ag Mineralization in the Lower Limestone Shale

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5685/251260_exhibit5.jpg

Exhibit 6. Oblique 3D View of Cu-Ag Mineralization at Ballywire

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5685/251260_exhibit6.jpg

Note: Bodies shown (calcite, Zn-Pb-Ag and Cu-Ag) are not constrained by any grade cut-off and are meant for illustrative purposes only

Exhibit 7. Regional Gravity at Ballywire Showing 6km Long Prospective Trend

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5685/251260_exhibit7.jpg

Notes to Exhibit 8: (a) Pallas Green MRE is owned by Glencore (see Glencore’s Resources and Reserves Report dated December 31, 2024); (b) Stonepark MRE: see the ‘NI 43-101 Independent Report on the Zinc-Lead Exploration Project at Stonepark, County Limerick, Ireland’, by Gordon, Kelly and van Lente, with an effective date of April 26, 2018, as found on SEDAR; and (c) the historic estimate at Denison was reported by Westland Exploration Limited in ‘Report on Prospecting Licence 464’ by Dermot Hughes dated May, 1988; the historic estimate at Gortdrum was reported in ‘The Geology and Genesis of the Gortdrum Cu-Ag-Hg Orebody’ by G.M. Steed dated 1986; and the historic estimate at Tullacondra was first reported by Munster Base Metals Ltd in ‘Report on Mallow Property’ by David Wilbur, dated December 1973; and later summarized in ‘Cu-Ag Mineralization at Tullacondra, Mallow, Co. Cork’ by Wilbur and Carter in 1986; the above three historic estimates have not been verified as current mineral resources; none of the key assumptions, parameters and methods used to prepare the historic estimates were reported and no resource categories were used; significant data compilation, re-drilling and data verification may be required by a Qualified Person before the historic estimates can be verified and upgraded to be compliant with current NI 43-101 standards; a Qualified Person has not done sufficient work to classify them as a current mineral resource and the Company is not treating the historic estimates as current mineral resources. ‘Rathdowney Trend’ is the south-westerly projection of the Rathdowney Trend, hosting the historic Lisheen and Galmoy mines.

Exhibit 8. Regional Map of Ballywire Discovery and Surrounding Cu-Ag Historic Occurrences

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5685/251260_exhibit8.jpg

Qualified Person

Technical information in this news release has been approved by Professor Garth Earls, Eur Geol, P.Geo, FSEG, geological consultant at IGS (International Geoscience Services) Limited, and independent ‘Qualified Person’ as defined under Canadian National Instrument 43-101.

Sampling and Analytical Procedures

All core drilled at Ballywire is NQ (47.6mm) and is cut using a rock saw. Sample intervals vary between 0.42m to 1.3m with the majority of samples in the 0.79m to 0.99m range. The half-core samples are bagged, labelled and sealed at Group Elevens core store facility in Limerick, Ireland. Selected sample bags are examined by the Qualified Person. Transport is via an accredited courier service and/or by Group Eleven staff to ALS Laboratories in Loughrea Co. Galway, Ireland. Sample preparation at the ALS facility comprises fine crushing 70%

Quality Assurance/Quality Control (QA/QC) Information

Group Eleven inserts certified reference materials (‘CRMs’ or ‘Standards’) as well as blank material, to its sample stream as part of its industry-standard QA/QC programme. The QC results have been reviewed by the Qualified Person, who is satisfied that all the results are within acceptable parameters. The Qualified Person has validated the sampling and chain of custody protocols used by Group Eleven.

About Group Eleven Resources

Group Eleven Resources Corp. (TSXV: ZNG) (OTC Pink: GRLVF) (FSE: 3GE) is drilling the most significant mineral discovery in the Republic of Ireland in over a decade. The Company announced the Ballywire discovery in September 2022, demonstrating high grades of zinc, lead, silver, copper, germanium and locally, antimony. Key intercepts to date include:

  • 10.8m of 10.0% Zn+Pb and 109 g/t Ag (G11-468-03)
  • 10.1m of 8.6% Zn+Pb and 46 g/t Ag (G11-468-06)
  • 10.5m of 14.7% Zn+Pb, 399 g/t Ag and 0.31% Cu (G11-468-12)
  • 11.2m of 8.9% Zn+Pb and 83 g/t Ag (G11-3552-03)
  • 29.6m of 10.6% Zn+Pb, 78 g/t Ag and 0.15% Cu (G11-3552-12) and
  • 11.8m of 11.6% Zn+Pb, 48 g/t Ag (G11-3552-18)
  • 15.6m of 11.6% Zn+Pb, 122 g/t Ag and 0.19% Cu (G11-3552-27)
  • 12.0m of 1.4% Zn+Pb, 560 g/t Ag, 2.30% Cu and 0.17% Sb (25-3552-31), including
  • 6.4m of 2.1% Zn+Pb, 838 g/t Ag, 3.72% Cu and 0.27% Sb (25-3552-31)

Ballywire is located 20km from Company’s 77.64%-owned Stonepark zinc-lead deposit1, which itself is located adjacent to Glencore’s Pallas Green zinc-lead deposit2. The Company’s two largest shareholders are Glencore Canada Corp. (16.1% interest) and Michael Gentile (16.0%). Additional information about the Company is available at www.groupelevenresources.com.

ON BEHALF OF THE BOARD OF DIRECTORS
Bart Jaworski, P.Geo.
Chief Executive Officer

E: b.jaworski@groupelevenresources.com | T: +353-85-833-2463
E: j.webb@groupelevenresources.com | T: 604-644-9514

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 Note Regarding Forward-Looking Information

This press release contains forward-looking statements within the meaning of applicable securities legislation. Such statements include, without limitation, statements regarding the future results of operations, performance and achievements of the Company, including the timing, content, cost and results of proposed work programs, the discovery and delineation of mineral deposits/resources/ reserves and geological interpretations. Although the Company believes that such statements are reasonable, it can give no assurance that such expectations will prove to be correct. Forward-Looking statements are typically identified by words such as: believe, expect, anticipate, intend, estimate, postulate and similar expressions, or are those, which, by their nature, refer to future events. The Company cautions investors that any forward-looking statements by the Company are not guarantees of future results or performance, and that actual results may differ materially from those in forward-looking statements as a result of various factors, including, but not limited to, variations in the nature, quality and quantity of any mineral deposits that may be located. All of the Company’s public disclosure filings may be accessed via www.sedarplus.ca and readers are urged to review these materials, including the technical reports filed with respect to the Company’s mineral properties.

APPENDIX – CORE PHOTOS
COPPER-SILVER ZONE IN HOLE 25-3551-31
(With Key Assay Results and Brief Descriptions of Key Mineralogy)

Core Boxes 103-105

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5685/251260_d0b183a384f7ba3f_009full.jpg

Core Boxes 106-108

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5685/251260_d0b183a384f7ba3f_010full.jpg

Core Boxes 109-111

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5685/251260_d0b183a384f7ba3f_011full.jpg

(1) Close-Up Core Photo

Above: Dolomitized Waulsortian Limestone, cross-cut by sulphide bearing veins (suspected tennatite-tetrahedrite, chalcopyrite and/or pyrite)

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5685/251260_d0b183a384f7ba3f_012full.jpg

(2) Close-Up Core Photo

Above: Suspected tennantite/tetrahedrite (grey), chalcopyrite and pyrite (yellow) and calcite (white)

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5685/251260_d0b183a384f7ba3f_013full.jpg

(3) Close-Up Core Photo

Above: Chalcopyrite with some pyrite (yellow) and suspected tennantite/tetrahedrite (grey), calcite (white)

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5685/251260_d0b183a384f7ba3f_014full.jpg

(4) Close-Up Core Photo

Above: Semi-massive chalcopyrite and pyrite (yellow), galena (reflective grey)

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5685/251260_d0b183a384f7ba3f_015full.jpg

(5) Close-Up Core Photo

Above: Waulsortian Limestones (grey), calcite (white), pyrite and chalcopyrite (yellow)

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5685/251260_d0b183a384f7ba3f_016full.jpg

(6) Close-Up Core Photo

Above: Suspected tennantite and tetrahedrite (dark grey), chalcopyrite (yellow), calcite (white)

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5685/251260_d0b183a384f7ba3f_017full.jpg

(6a) Close-Up Core Photo

Above: Suspected tennantite and tetrahedrite (dark grey), chalcopyrite (yellow), calcite (white)

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5685/251260_d0b183a384f7ba3f_018full.jpg

(7) Close-Up Core Photo

Above: Suspect tennantite and tetrahedrite (dark grey), chalcopyrite (yellow), calcite (white)

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5685/251260_d0b183a384f7ba3f_019full.jpg

(8) Close-Up Core Photo

Above: Chalcopyrite (yellow), suspected tennantite/tetrahedrite (grey), calcite (white)

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5685/251260_d0b183a384f7ba3f_020full.jpg

(9) Close-Up Core Photo

Above: Fault zone (juxtaposing sub-Waulsortian lithologies against Waulsortian Limestone)

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5685/251260_d0b183a384f7ba3f_021full.jpg

1 Stonepark MRE is 5.1 million tonnes of 11.3% Zn+Pb (8.7% Zn and 2.6% Pb), Inferred (Apr-17-2018)
2 Pallas Green MRE is 45.4 million tonnes of 8.4% Zn+Pb (7.2% Zn + 1.2% Pb), Inferred (Glencore, Dec-31-2024)

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/251260

News Provided by Newsfile via QuoteMedia

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‘I’m keeping on’: How MLB’s second-oldest hitter keeps slugging

Sport 7 Mins Read

WASHINGTON – It is the kind of turnaround any ballplayer dreads, a most extreme version of the day game after a night game, and the Cleveland Guardians’ clubhouse reflected that harsh reality Wednesday morning.

The Guardians played 18 innings the day before, finishing off a doubleheader around 9:30 Tuesday night, only to be greeted by a noon start to finish the series and cap a span of 22 games in 23 days. Classic rock plays gently on the speakers and Gatorade cups are filled with coffee, the better to summon whatever energy to get through this necessary evil of a 162-game schedule.

In another year not too long ago, Carlos Santana would have his own setup, a coffeemaker that produced the good stuff, befitting a ballplayer who hails from the Dominican Republic hometown from which Café Santo Domingo draws its name.

But Santana is 39 years old, and coffee is no longer in the equation.

He is now the second-oldest position player in Major League Baseball, and surviving the game’s rigors comes with sacrifice. And preparation. And discipline.

It is why he has a personal chef at his disposal, both for homestands in Cleveland and at his Tampa home in the off-season. And spends time atop the massage table before and after every game.

And, in a sacrifice that stung, left his coffeemaker behind and cut his caffeine intake to virtually nothing.

“Last year, I quit. And my body feels good,” Santana tells USA TODAY Sports. “It was tough. It’s hard, everybody knows, at my age.

“People have retired. But I’m keeping on.”

He’s not just keeping on: Santana salvaged a split for the Guardians in that doubleheader the night before, crushing a three-run home run to ensure their 9-1 victory. He had four hits in nine at-bats over those 18 innings – and was in the lineup once again at first base the next morning.

He played savior for the second time in less than 18 hours, erasing a 3-0, sixth-inning deficit with a bases-clearing double off Washington Nationals starter Michael Soroka to rouse the Guardians from their afternoon slumber. It was the key blow in an eight-run inning and the Guardians went on to an 8-6 victory Wednesday.

Hey, the Guardians aren’t paying him $12 million this season to sit. Santana has four homers and 16 RBI as he begins a third tour of duty with Cleveland.

Technically, he’s played for eight teams. But Cleveland was where it began at the big league level for Santana, way back in 2010, an eight-year run during which he hit 174 home runs and helped Cleveland to Game 7 of the World Series and, now that Michael Brantley has retired, outlasted all the position players from a debut squad with several guys worth remembering.

With Carlos Carrasco’s designation for assignment by the Yankees, Santana’s the last man standing from that team. Only Justin Turner, the Chicago Cubs’ 40-year-old DH, is older among position players across the big leagues.

And many of his current teammates were in grade school when Santana first stepped on a major league diamond.

“First and foremost, he’s just a professional,” says Guardians All-Star outfielder Steven Kwan, a sixth-grader when Santana debuted. “Takes care of his body, does everything right. He’s very vocal about what he does in the weight room, off the field. He doesn’t drink, makes sure he eats the right things, gets full sleep.

“I think it’s a really cool role model for a lot of us young guys. It shows if you want to play in this game a long time, this is what it looks like. There’s no secrets. Just all the stuff that’s been hammered into us at a really young age.”

It’s a role Santana takes seriously, particularly given the makeup of the Guardians’ roster.

‘You think you know everything’

More than one-quarter of Cleveland’s roster hails from the Dominican, including franchise player Jose Ramirez, All-Star closer Emmanuel Clase and charismatic outfielder Jhonkensy “Big Christmas” Noel.

Beyond being a familiar face and comforting voice from home, Santana tries to hammer home that nothing in this game is permanent.

In turn, his half-dozen Dominican teammates – ranging in age from 23 to 32 – keep Santana feeling spry.

“I try to help the Dominicans,” he says. “They follow me. They ask so many questions, asking why I play for a long time and look good. I feel like a kid. I feel like a younger guy when I’m playing with them.

“When you’re younger, you think that you know everything. You think, at the time, it’s never coming to an end. I remember that when I was 23 years old. I thought I knew everything.”

At this point, there’s not much Santana hasn’t done. He’s hit 328 career home runs, and his stellar .353 career on-base percentage and .783 OPS ensures his phone in Tampa will ring each winter.

His notorious plate discipline is still there: Santana averages 4.11 pitches per plate appearance, just off the 4.15 for his career, nearly 8% higher than the MLB average during that time.

‘It’s always really important to have that veteran presence in the middle of the lineup, especially with how he takes his ABs – not necessarily the outcome but the approach, and that sets the tone for the whole lineup,’ says infielder Gabriel Arias, who had a career-high four hits Wednesday. ‘Our lineup gets a lot better when you see that type of veteran presence.’

Santana endured an 0-for-25 stretch last month and survived, now on an 11-for-35 run while reaching base each of the past 11 games. The Guardians – surprise winners of the AL Central a year ago – have flourished in that period, too, winning seven of 10 games to improve to 22-15.

‘We really feel like he’s starting to come into his own right now, and we’re seeing the ‘los who has 16 years in the big leagues,’ says Guardians manager Stephen Vogt. ‘He’s a great player, consistent, and we’re really excited how he’s starting to swing the bat.’

 Santana is embarking on a quest for his seventh postseason appearance, and winning the final game of the season is one of the few things he hasn’t seen in this career.

‘An open book’

The man who once smashed a clubhouse TV to better focus his video game-playing teammates is perhaps a little more mellow now, or perhaps simply surrounded by professionalism.

He speaks freely of his baseball past, not in a “back in my day” fashion but rather imparting what he’s picked up through a vast array of diamond experience.

“It’s the stories he tells about different teammates and the places he’s been,” says Kwan. “He loves sharing them, and I appreciate that. With veterans like that, I’m a little sheepish to ask them for their secrets.

“But he’s an open book. I think that’s why he’s so beloved across the league.”

And perhaps that’s why Santana keeps coming back. Sure, a beloved personality helps, but simplicity in his off hours probably matters more.

It sounds so easy: “Drink a lot of water, sleep well,” he says. “That keeps me playing.”

Eight hours a night. An hour nap when the Guardians are at home. And above all, listening to a body that has served him well: Santana has spent just 31 days on the injured list since the start of the 2011 season.

That’s a model the youngsters can appreciate – especially when he’s still winning them games, and answering the bell, just a month after turning 39.

“He takes into account, too, that when you’re younger you’re going to fail and rely on your body to bounce back,” says Kwan. “As he’s had years in the league, he’s picked up things here and there and it’s culminated in where he is now.”

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Baseball-soccer power couple announce pregnancy

Sport 1 Min Read

A sports power couple will be welcoming a new addition to the family.

USWNT star forward Mallory Swanson and Chicago Cubs shortstop Dansby Swanson announced on Instagram that they are expecting their first child.

‘Our greatest blessing,’ the caption reads.

The athletic couple have been dating since 2017 and were married in 2022. Mallory Swanson is coming off a stellar 2024 in which she played a key role on the USWNT team that won gold at the 2024 Paris Olympics, as she scored game-winning goal in the gold medal match against Brazil. It also was her 100th cap with the national team.

A member of Chicago Stars FC in the NWSL, Swanson hasn’t played this season as she missed the season opener due to personal reasons. Now with the pregnancy, it is unlikely Swanson will play this year.

Dansby Swanson is batting .236 with seven home runs and 20 RBI as Chicago is 22-16 and in first place of the NL Central.

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NCAA files revised settlement addressing judge’s objection on roster limits

Sport 5 Mins Read

Lawyers involved in the proposed settlement of three athlete-compensation antitrust cases against the NCAA and the Power Five conferences said in filings on May 7 that they have addressed the concern a federal judge had said was preventing her from granting final approval.

The issue involves roster limits that had been set to go into effect immediately as part of the agreement. On April 23, U.S. District Judge Claudia Wilken said that the immediate implementation of sport-by-sport roster limits made the proposed settlement “not fair” because thousands of athletes who are supposed to be benefiting from the deal stood to lose their places on teams after the current school year.

Wilken gave the sides two weeks to address her concerns, and in a new filing, the plaintiffs’ lawyers wrote that they and the NCAA have agreed to an arrangement under which: “any athlete who would have lost their roster spot (or a promised roster spot) for the 2025-2026 academic year due to the immediate implementation of roster limits will be exempt from any roster limits at any Division I institution, for the duration of their college athletics careers.”

This does not remove the roster limits from the settlement. And this would not require schools to keep all of their current athletes on their rosters. However, it would give schools the option to keep any athlete who was on a roster in 2024-25 and who has been or would have been removed for 2025-26 because of the limits. It also lets schools accommodate any high school senior who was ‘recruited to be, or was assured they would be’ on a Division I school’s roster for the 2025-26 school year.

Lawyers for the NCAA wrote that ‘there are no guarantees’ that these athletes ‘will get or maintain roster spots. But that does not adversely affect any’ athlete, the NCAA said, because athletes’ roster spots always have been ‘at the discretion of the coach’ and the school.

However, Steve Molo, a lawyer for a group of objectors, said in a statement on the night of May 7 that the ‘proposed mushy modification doesn’t go far enough. Many, many student athletes have had something taken away from them. The fight will continue.”

Laura Reathaford, another lawyer for an objector, told USA TODAY Sports she will be filing a separate brief.

In apparent anticipation of this, lawyers for the NCAA wrote: ‘To the extent the Objectors want more, e.g., guaranteed roster spots or years of delay in imposing roster limits, Defendants respectfully submit they are overreaching’ and they provided a series of arguments defending the new proposal. Some were based on legal reasoning connnected to the antitrust standard that a settlement must be fair, reasonable and adequate. Others were based athletic department operational issues.

In her order two weeks ago, Wilken asked that Reathaford, Molo and another lawyer for objectors be included in discussions about revisions to the roster limits that also were included a mediator and lawyers for the plaintiffs, the NCAA and the Power Five conferences.

On the night of May 7, Wilken said in an order that each of these three lawyers can file responses by May 13, and that the plaintiffs and the NCAA and conferences can file replies by May 16.

In that order, Wilken also wrote that she was inclined to approve the rest of the deal over a variety of other objections. That means she already was otherwise prepared to accept an arrangement under which $2.8 billion in damages would be paid to current and former athletes — and their lawyers — over 10 years, and Division I schools would be able to start paying athletes directly for use of their name, image and likeness (NIL), subject to a per-school cap that would increase over time and be based on a percentage of certain athletics revenues.

For any school that would be making direct NIL payments to athletes, the roster limits were to take effect on July 1 alongside an end to the NCAA’s existing system of sport-by-sport scholarship limits for any such school. However, during a final-approval hearing on April 7, Wilken asked for several smaller changes to the proposed settlement and strongly suggested a system of phased-in implementation of the roster limits after a number of lawyers and scores of athletes and parents — some in emotional and personal written pleas — had asked her to consider such a solution.

On April 14, the principals submitted a revised version of the deal that did not include changes to the roster limits. Wilken refused to approve it, though she gave them another chance while also setting a case-scheduling order that would begin to move the case toward a trial date that was left unspecified.

Lawyers for the NCAA wrote that the new approach to roster limits “restores the pre-settlement status quo for (the affected athletes) so that they will not lose roster spots ‘because of’ the roster limits. That eliminates, beyond any doubt, any remaining question as to whether the settlement is fair and reasonable’ for athletes ‘as a whole.”

To make this operational, the lawyers for the plaintiffs wrote, within 30 days of final approval, schools would be “required to use good-faith efforts” to identify athletes who would have lost roster spots in 2025-26 because of the limits – those who are being called “Designated Student-Athletes.” And the plaintiffs’ lawyers will have the right to note additional athletes “who should have been identified” in that manner.

The plaintiffs’ lawyers also wrote that any athlete who ‘transferred or is scheduled to transfer because they were told that they would be removed from a roster in 2025-2026 due to the implementation of roster limits, nothing in the NCAA rules … will restrict schools from allowing that athlete to transfer back to — or rescind their decision to transfer from — their original school.’

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NBA playoff bracket: Conference semifinals in progress

Sport 6 Mins Read

The second round of the 2025 NBA playoffs had gotten off to a surprising start to say the least..

After seeing all four first-round series go as expected, the Eastern Conference has been turned upside down with the heavy favorites – the Cleveland Cavaliers and Boston Celtics – losing the first two games on their home courts. Now, the New York Knicks, and Indiana Pacers have a golden opportunity to pull off major upsets.

Out West, both lower-seeded teams also won the opening game of their series on the road. The No. 1 seed Oklahoma City Thunder and No. 6 Minnesota Timberwolves both face tougher roads now in their matchups with the No. 5 Denver Nuggets and No. 7 Golden State Warriors.

Here’s the complete NBA playoffs schedule, including results in the first round and broadcast information:

NBA bracket: Playoff schedule, scores and results

The conference semifinals are underway, potentially running through May 19.

All times Eastern. *-if necessary

Eastern Conference

(1) Cleveland Cavaliers vs. (4) Indiana Pacers

Pacers lead series 2-0

  • Game 1: Pacers 121, Cavaliers 112
  • Game 2: Pacers 120, Cavaliers 119
  • Game 3: Cavaliers at Pacers | Friday, May 9, 7:30 p.m. | ESPN
  • Game 4: Cavaliers at Pacers | Sunday, May 11, 8 p.m. | TNT
  • Game 5: Pacers at Cavaliers | Tuesday, May 13, TBD | TNT*
  • Game 6: Cavaliers at Pacers | Thursday, May 15, TBD | ESPN*
  • Game 7: Pacers at Cavaliers | Sunday, May 18, TBD | TBD*

(2) Boston Celtics vs. (3) New York Knicks

Knicks lead series 2-0

  • Game 1: Knicks 108, Celtics 105 (OT)
  • Game 2: Knicks 91, Celtics 90
  • Game 3: Celtics at Knicks | Saturday, May 10, 3:30 p.m. | ABC
  • Game 4: Celtics at Knicks | Monday, May 12, 7:30 p.m. | ESPN
  • Game 5: Knicks at Celtics | Wednesday, May 14, TBD | TNT*
  • Game 6: Celtics at Knicks | Friday, May 16, 8 p.m. | ESPN*
  • Game 7: Knicks at Celtics | Monday, May 19, 8 p.m. | TNT*

Western Conference

(1) Oklahoma City Thunder vs. (5) Denver Nuggets

Series tied 1-1

  • Game 1: Nuggets 121, Thunder 119
  • Game 2: Thunder 149, Nuggets 106
  • Game 3: Thunder at Nuggets | Friday, May 9, 10 p.m. | ESPN
  • Game 4: Thunder at Nuggets | Sunday, May 11, 3:30 p.m. | ABC
  • Game 5: Nuggets at Thunder | Tuesday, May 13, TBD | TNT
  • Game 6: Thunder at Nuggets | Thursday, May 15, TBD | ESPN*
  • Game 7: Nuggets at Thunder | Sunday, May 18, TBD | TBD*

(6) Minnesota Timberwolves vs. (7) Golden State Warriors

Warriors lead series 1-0

  • Game 1: Warriors 99, Timberwolves 88
  • Game 2: Warriors at Timberwolves | Thursday, May 8, 8:30 p.m. | TNT
  • Game 3: Timberwolves at Warriors | Saturday, May 10, 8:30 p.m. | ABC
  • Game 4: Timberwolves at Warriors | Monday, May 12, 10 p.m. | ESPN
  • Game 5: Warriors at Timberwolves | Wednesday, May 14 TBD | TNT*
  • Game 6: Timberwolves at Warriors | Sunday, May 18 TBD | TBD*
  • Game 7: Warriors at Timberwolves | Tuesday, May 20, 8:30 p.m. | ESPN*

Conference finals

All times Eastern. *-if necessary

Eastern Conference

(Series start could move up to May 19)

  • Game 1, May 21: TNT, 8 p.m.
  • Game 2, May 23: TNT, 8 p.m.
  • Game 3, May 25: TNT, 8 p.m.
  • Game 4, May 27: TNT, 8 p.m.
  • Game 5, May 29: TNT, 8 p.m.*
  • Game 6, May 31: TNT, 8 p.m.*
  • Game 7, June 2: TNT, 8 p.m.*

Western Conference

(Series start could move up to May 18)

  • Game 1, May 20: ESPN, 8:30 p.m.
  • Game 2, May 22: ESPN, 8:30 p.m.
  • Game 3, May 24: ABC, 8:30 p.m.
  • Game 4, May 26: ESPN, 8:30 p.m.
  • Game 5, May 28: ESPN, 8:30 p.m.*
  • Game 6, May 30: ESPN, 8:30 p.m.*
  • Game 7, June 1: ESPN, 8 p.m.*

2025 NBA Finals schedule

*-if necessary

  • Game 1, June 5: ABC
  • Game 2, June 8: ABC
  • Game 3, June 11: ABC
  • Game 4, June 13: ABC
  • Game 5, June 16: ABC*
  • Game 6, June 19: ABC*
  • Game 7, June 22: ABC*

First-round NBA playoff results

Eastern Conference

(1) Cleveland Cavaliers vs. (8) Miami Heat

Cavaliers win series 4-0

  • Game 1: Cavaliers 121, Heat 100
  • Game 2: Cavaliers 121, Heat 112
  • Game 3: Cavaliers 124, Heat 87
  • Game 4: Cavaliers 138, Heat 83

(2) Boston Celtics vs. (7) Orlando Magic

Celtics win series 4-1

  • Game 1: Celtics 103, Magic 86
  • Game 2: Celtics 109, Magic 100
  • Game 3: Magic 95, Celtics 93
  • Game 4: Celtics 107, Magic 98
  • Game 5: Celtics 120, Magic 89

(3) New York Knicks vs. (6) Detroit Pistons

Knicks win series 4-2

  • Game 1: Knicks 123, Pistons 112
  • Game 2: Pistons 100, Knicks 94
  • Game 3: Knicks 118, Pistons 116
  • Game 4: Knicks 94, Pistons 93
  • Game 5: Pistons 106, Knicks 103
  • Game 6: Knicks 116, Pistons 113

(4) Indiana Pacers vs. (5) Milwaukee Bucks

Pacers win series 4-1

  • Game 1: Pacers 117, Bucks 98
  • Game 2: Pacers 123, Bucks 115
  • Game 3: Bucks 117, Pacers 107
  • Game 4: Pacers 129, Bucks 103
  • Game 5: Pacers 119, Bucks 118 (OT)

Western Conference

(1) Oklahoma City Thunder vs. (8) Memphis Grizzlies

Thunder win series 4-0

  • Game 1: Thunder 131, Grizzles 80
  • Game 2: Thunder 118, Grizzlies 99
  • Game 3: Thunder 114, Grizzlies 108
  • Game 4: Thunder 117, Grizzlies 115

(2) Houston Rockets vs. (7) Golden State Warriors

Warriors win series 4-3

  • Game 1: Warriors 95, Rockets 85
  • Game 2: Rockets 109, Warriors 94
  • Game 3: Warriors 104, Rockets 93
  • Game 4: Warriors 109, Rockets 106
  • Game 5: Rockets 131, Warriors 116
  • Game 6: Rockets 115, Warriors 107
  • Game 7: Warriors 103, Rockets 89

(3) Los Angeles Lakers vs. (6) Minnesota Timberwolves

Timberwolves win series 4-1

  • Game 1: Timberwolves 117, Lakers 95
  • Game 2: Lakers 94, Timberwolves 85
  • Game 3: Timberwolves 116, Lakers 104
  • Game 4: Timberwolves 116, Lakers 113
  • Game 5: Timberwolves 103, Lakers 96

(4) Denver Nuggets vs. (5) Los Angeles Clippers

Nuggets win series 4-3

  • Game 1: Nuggets 112, Clippers 110
  • Game 2: Clippers 105, Nuggets 102
  • Game 3: Clippers 117, Nuggets 83
  • Game 4: Nuggets 101, Clippers 99
  • Game 5: Nuggets 131, Clippers 115
  • Game 6: Clippers 111, Nuggets 105
  • Game 7: Nuggets 120, Clippers 101
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Dallas Stars standout unstoppable again with hat trick in Game 1 win

Sport 2 Mins Read

When Mikko Rantanen takes over a game, he takes over a game.

Rantanen continued his hot streak Wednesday when he scored a second-period hat trick in the Dallas Stars’ 3-2 victory in Game 1 against the Winnipeg Jets. That ended the Stars’ streak of losing Game 1 in eight consecutive series.

He already became the first player in NHL history to record four-point periods in back-to-back games in Games 6 and 7 against the Colorado Avalanche. His Game 7 hat trick in the third period helped Dallas overcome a 2-0 deficit and knock off his former team.

By the time he scored his third goal on Wednesday, he had a hand in 12 consecutive Stars goals, an NHL playoff record. He’s also the first NHL player with multiple three-goal periods in the same postseason.

His Game 1 hat trick couldn’t have been more varied.

Rantanen, who was being double-shifted, poked a rebound into the net with one hand on his stick while he was being knocked down. That tied the game at 8:43.

He tipped in a Thomas Harley shot at 14:21 for a 2-1 lead. The third goal was a fluke when his pass attempt banked in off Jets defenseman Dylan Samberg at 16:38.

But when you’re hot, those things happen.

‘Let’s see how long he can run this for,’ Stars coach Peter DeBoer said. ‘He’s rolling and he’s feeling it. Pretty impressive what he’s doing, considering the opponent and the time of year and how he’s dominating games.’

Rantanen, nicknamed Moose, is known for his size, shot and skating, plus his playoff prowess. He had 101 points in 81 playoff games with the Avalanche before they shockingly traded him to the Carolina Hurricanes in January. The Hurricanes, worried they wouldn’t be able to re-sign him, dealt him to Dallas on trade deadline day and he signed an extension there to play alongside the Stars’ stable of Finnish players.

With the hat trick, Rantanen leads the NHL with eight playoff goals, passing Colorado’s Nathan MacKinnon, who’s out of the playoffs.

(This story has been updated with new information.)

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Will Trump’s Foreign Film Tariffs Crush Streaming Stocks? What You Need To Know Now

Stock 6 Mins Read

Trump’s latest Hollywood “hit” isn’t the kind you stream.

Threatening to slap a 100% tariff on films produced in foreign countries, the president’s announcement rattled several media stocks like Netflix, Inc. (NFLX), Walt Disney Co. (DIS), and others.

What makes the whole thing complicated is this:

  • No clear-cut definition of “foreign”: Many “American” films are shot abroad with foreign crews, locations, and studios.
  • Tax breaks abroad: Studios rely on international incentives to cut costs—think Marvel in the UK or Netflix in Korea (Squid Game).
  • Global revenues: Delivering content overseas boosts subscriptions.
  • Disruption to current projects: In-progress shoots and cross-border production deals could face sudden delays, cancellations, or financial penalties.
  • And last but not least, retaliation risk. Countries may hit back with tariffs or restrictions on U.S. films, hurting global revenues.

The result? A policy that aims to protect American film could end up undercutting it from every angle.

Which Media Stocks Are Still Worth Holding?

With Trump’s proposed 100% tariff and the looming threat of retaliation, you’re probably wondering: Which media stocks are still investable—and which ones are caught in the crossfire?

Let’s focus on the platforms that most Americans stream at home.

  • Netflix (NFLX) is the most exposed to Trump’s tariffs due to its heavy investment in international productions.
  • Disney (DIS) is most vulnerable both ways—to the U.S. tariff and international retaliation—in that over 60% of its box office revenue is international; plus, it operates theme parks in China, Hong Kong, Japan, and Europe.
  • Roku (ROKU) appears to be the least exposed, as it’s a content aggregator and not a producer. The bulk of its revenue comes from advertising, subscriptions, and platform fees, not from producing or exporting content.

NOTE: I’m excluding Amazon (AMZN) in favor of pure-play media entertainment stocks. While Amazon is not as exposed to foreign film tariffs, it’s exposed to the other tariffs.

First, how are these stocks performing relative to each other and the broader market (S&P 500)?

FIGURE 1. PERFCHARTS DISPLAYING THE RELATIVE PERFORMANCE OF ALL THREE STOCKS VS THE S&P. Netflix is far outpacing its two media peers.

Among these three, which stocks are currently the most investable—that is, which ones are showing favorable price action that could support a viable trading setup?

Netflix Technical Analysis: Uptrend Intact, But Caution Ahead

Let’s start with NFLX—the company most fundamentally exposed to the proposed tariffs on foreign-made films. Check out this daily chart.

FIGURE 2. DAILY CHART OF NFLX STOCK. No tariff fears are evident here as the stock continues its uptrend.

NFLX stock remains in a strong uptrend, with a StockCharts Technical Rank (SCTR) well above the 90-line, making it one of the top-performing large-cap stocks from a technical perspective. However, the Relative Strength Index (RSI) suggests the stock may be overbought, raising the possibility of a short-term pullback.

The  20-day Price Channel can help identify potential turning points since it highlights recent tops and bottoms. The green-shaded zone marks the first area of support, where a bounce may occur if the stock retreats in the coming sessions. If that level fails to hold, the red-shaded zone identifies a secondary support area aligned with the 200-day Simple Moving Average (SMA). A drop below this level without a strong rebound could signal a weakening of the current bullish trend.

Caution: Among the three stocks analyzed, Netflix appears to be most exposed to potential downside from Trump’s proposed tariffs on foreign-made films. Investors should remain cautious, as shifting geopolitical dynamics could alter the stock’s fundamental outlook and technical setup.

Now let’s take a look at Disney, a stock vulnerable to Trump’s proposed 100% tariffs on foreign-made films and the added threat of retaliatory tariffs from international markets.

Disney’s Recovery Potential Faces Global Headwinds

With a significant portion of its revenue coming from global box office sales and international theme parks, DIS stock is particularly sensitive to shifts in global trade policy. Take a look at this daily chart.

FIGURE 3. DAILY CHART OF DISNEY STOCK PRICE. Oof. Even if it recovers, will we see a breakout beyond the top range?

Disney is underperforming, and the key question is whether the stock is entering a potential recovery phase. The Full Stochastics Oscillator tends to mirror the stock’s cyclical movements well and suggests a possible short-term pullback.

If DIS holds above its most recent swing low support range (highlighted in red), the stock may attempt to retest the resistance area (highlighted in green), which aligns with the 200-day SMA and the most recent swing high.

One bullish signal to note: the Accumulation/Distribution Line (ADL) (shown in orange) is significantly above current price levels, suggesting that buying interest may be quietly building even while the stock trades near its lows. Is DIS a solid buy? Probably not at these levels. You will want to see a stronger indication (or confirmation) that DIS is recovering.

Also, note that DIS has been cycling the $80 to $125 range over the last three years. Unless you’re holding it as a dividend stock, there’s little indication yet that there’s going to be growth beyond this exceedingly wide range.

Is Roku Ready to Break Out, or Break Down?

Let’s analyze the daily chart of Roku.

FIGURE 4. DAILY CHART OF ROKU STOCK. It’s gearing for a breakout, but driven by what?

ROKU may be the least exposed to the proposed foreign film tariffs, but what’s going to drive it higher? Remember, the stock plunged in 2022–2024 due to falling ad revenue, widening losses, and a high-profile cybersecurity breach that shook investor confidence. Without a clear reason for a rebound, the stock may remain stuck.

The Chaikin Money Flow (CMF) is probably the most telling indicator here: buying and selling pressure are at a virtual standstill. There has to be a compelling catalyst to move the stock higher or lower. Still, ROKU appears to be rebounding from a technical standpoint, with overhead resistance levels at $71 and $82.

However, there needs to be something fundamental to validate this technical setup, especially if it turns bullish (like a break above resistance). So if for any reason you’re bullish on ROKU, monitor the fundamental side of this stock play. Right now, it doesn’t look very promising.

At the Close

Trump’s proposed tariff on foreign-made films has stirred up more than just Hollywood headlines; it’s forcing Wall Street to reassess risk across streaming and media stocks. Keep monitoring the technical, fundamental, and geopolitical factors. Don’t make any decisions until you see clear technical confirmation backed by a viable fundamental catalyst. And remember, geopolitical dynamics can still shift the conditions in an instant.

Disclaimer: This blog is for educational purposes only and should not be construed as financial advice. The ideas and strategies should never be used without first assessing your personal and financial situation, or without consulting a financial professional.

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Investing

Denarius Metals Announces Binding Letter of Intent with Quimbaya Gold for a 50/50 Joint Venture to Exploit the Tahami Project in the Segovia Gold District of Colombia

Investing 7 Mins Read

Denarius Metals Corp. (Cboe CA: DMET) (OTCQX: DNRSF) (‘Denarius Metals’ or the ‘Company’) announced today that it has signed a binding Letter of Intent with Quimbaya Gold Inc. (‘Quimbaya’) (CSE: QIM) (OTCQB: QIMGF) (FSE: K05) establishing a 5050 joint venture aimed at formalizing existing small-scale mining operations located within Quimbaya’s Tahami Project which is located in the Segovia Gold District of Antioquia, Colombia, adjacent to the high-grade Segovia Operations owned by Aris Mining Corporation (‘Aris Mining’).

Serafino Iacono, Executive Chairman of Denarius Metals, commented, ‘We see this joint venture with Quimbaya as an opportunity to leverage our team’s considerable experience in exploration, mining and community relations in Colombia, particularly in the Segovia Gold District where we founded Gran Colombia Gold (now Aris Mining) and built the Segovia Operations into the largest underground gold producer in Colombia and one of the highest-grade underground gold producers globally. We are excited about the opportunity to develop near-term production and cash flow through the implementation of a formalized artisanal mining operation in partnership with Quimbaya and the local community.’

This collaboration seeks to integrate artisanal mining operations into a formalized structure to create mutually beneficial partnerships while supporting and empowering the host communities in the Tahami Project. Importantly, this initiative complements Quimbaya’s ongoing exploration efforts, including its planned 4,000-meter drilling campaign at Tahami South, by fostering stronger community relations and facilitating access to key areas. Both parties are working diligently to finalize a definitive agreement for the joint venture as soon as possible, subject to customary regulatory and corporate approvals. Key aspects of the joint venture include:

  • A 50/50 partnership between Zancudo Metals Corp., a wholly owned subsidiary of Denarius Metals and 100% owner of its Zancudo Project, and Quimbaya, where the costs and expenses will be split equally between both parties.
  • Joint development targeted on the Tahami South and Tahami North areas within the Tahami Project. Exploitation will focus on concessions SHO-08001, SE9-13331, LJQ-08001 and HHII-21 owned by Quimbaya.
  • The partnership aims to formalize current artisanal mining operations, leveraging the extensive experience of Denarius Metals’ management who have implemented successful models in the region. Denarius Metals will provide technical and financial support so that the artisanal miners can legalize their production within the mining legalization program.
  • Denarius Metals will also leverage its previous experience to support the processes related to obtaining mining and environmental licenses for the Quimbaya concessions.
  • Denarius Metals will lead the commercialization of production on behalf of the joint venture. Profits from all sales will be split equally between both parties.

About the Tahami Project

Located directly adjacent to and on trend with Aris Mining’s flagship Segovia Operations, the Tahami Project spans over 17,000 hectares across a district-scale vein system that shows analogies with the Segovia-Remedios Mining District, with historic artisanal activity and substantial exploration upside. The area is supported by existing infrastructure, a favorable mining jurisdiction and a strong tradition of gold production. Over 150 artisanal miners are actively producing gold on Quimbaya’s assets daily and over 25 historical mines have been identified within its assets.

Refer to Attachments 1, 2 and 3 for maps showing the location of the Tahami Project.

About Quimbaya

Quimbaya is a Canadian junior exploration company focused on discovering gold resources through the exploration and acquisition of mining properties in Colombia’s prolific mining districts. Quimbaya is actively advancing three projects in the Antioquia Province: the Tahami Project in Segovia, the Berrio Project in Puerto Berrio and the Maitamac Project in Abejorral. Managed by an experienced team with deep local knowledge, Quimbaya is committed to creating value for its shareholders through strategic exploration and development initiatives.

About Denarius Metals

Denarius Metals is a Canadian junior company engaged in the acquisition, exploration, development and eventual operation of polymetallic mining projects in high-grade districts in Colombia and Spain. Denarius Metals is listed on Cboe Canada where it trades under the symbol ‘DMET’. The Company also trades on the OTCQX Market in the United States under the symbol ‘DNRSF’.

In Colombia, Denarius Metals recently commenced mining operations at its 100%-owned Zancudo Project, a high-grade gold-silver deposit, which includes the historic producing Independencia mine, located in the Cauca Belt, about 30 km southwest of Medellin.

In Spain, Denarius Metals has interests in three projects focused on in-demand critical minerals. The Company owns a 21% interest in Rio Narcea Recursos, S.L. and is the operator of its Aguablanca Project, which has recently been recognized by the EU as a Strategic Project. The Aguablanca Project comprises a turnkey 5,000 tonnes per day processing plant and the rights to exploit the historic producing Aguablanca nickel-copper mine, located in Monesterio, Extremadura. Denarius Metals also owns a 100% interest in the Lomero Project, a polymetallic deposit located on the Spanish side of the prolific copper rich Iberian Pyrite Belt, approximately 88 km southwest of the Aguablanca Project, and a 100% interest in the Toral Project, a high-grade zinc-lead-silver deposit located in the Leon Province, Northern Spain.

Additional information on Denarius Metals can be found on its website at www.denariusmetals.com and by reviewing its profile on SEDAR+ at www.sedarplus.ca.

Cautionary Statement on Forward-Looking Information

This news release contains ‘forward-looking information’, which may include, but is not limited to, statements with respect to anticipated business plans or strategies, including the finalization of definitive agreement for the joint venture with Quimbaya and receipt of regulatory and corporate approvals. Often, but not always, forward-looking statements can be identified by the use of words such as ‘plans’, ‘expects’, ‘is expected’, ‘budget’, ‘scheduled’, ‘estimates’, ‘forecasts’, ‘intends’, ‘anticipates’, or ‘believes’ or variations (including negative variations) of such words and phrases, or state that certain actions, events or results ‘may’, ‘could’, ‘would’, ‘might’ or ‘will’ be taken, occur or be achieved. Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Denarius Metals to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Factors that could cause actual results to differ materially from those anticipated in these forward-looking statements are described under the caption ‘Risk Factors’ in the Company’s Annual Information Form dated March 31, 2025 which is available for view on SEDAR+ at www.sedarplus.ca. Forward-looking statements contained herein are made as of the date of this press release and Denarius Metals disclaims, other than as required by law, any obligation to update any forward-looking statements whether as a result of new information, results, future events, circumstances, or if management’s estimates or opinions should change, or otherwise. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, the reader is cautioned not to place undue reliance on forward-looking statements.

For Further Information, Contact:

Michael Davies
Chief Financial Officer
(416) 360-4653
investors@denariusmetals.com

Attachment 1: General Location Map of the Tahami Project in the Segovia Gold District of Antioquia, Colombia

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/9396/251067_3f22dfd1e4ab187d_001full.jpg

Attachment 2: Location Map of the Tahami South Project, Adjacent to Aris Mining’s Segovia Operations

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/9396/251067_3f22dfd1e4ab187d_002full.jpg

Attachment 3: Location Map of the Tahami North Project

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/9396/251067_3f22dfd1e4ab187d_003full.jpg

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/251067

News Provided by Newsfile via QuoteMedia

This post appeared first on investingnews.com

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