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Osisko Metals Incorporated (the ‘ Company or ‘ Osisko Metals ‘) ( TSX-V: OM ; OTCQX: OMZNF ; FRANKFURT: 0B51 ) is pleased to announce new drilling results from the 2025 drilling program at the Gaspé Copper Project, located in the Gaspé Peninsula of Eastern Québec. Results for six new holes are reported below, located at the southern end of the deposit defined in the 2024 Mineral Resource Estimate (‘MRE’, see attached map and November 14, 2024 news release).

Highlights (see Table 1 below):

  • Drill hole 30-1065, located near the southern limit of the 2024 MRE model, intersected 323.0 metres averaging 0.43% Cu and 3.18 g/t Ag, including a higher-grade intersection of 13.3 metres averaging 2.50% Cu and 17.8 g/t Ag in the C Zone skarn horizon.
  • Drill hole 30-1061, located near the western limit of the 2024 MRE model, intersected 172.5 metres averaging 0.18% Cu and 1.52 g/t Ag , and a second intercept of 215.5 metres averaging   0.31% Cu and 2.67 g/t Ag at depth below the 2024 MRE model, extending mineralization to a vertical depth of 712 metres.
  • Drill hole 30-1064, located in the south-central portion of the 2024 MRE model, intersected 164.7 metres averaging 0.26% Cu and 1.94 g/t Ag, and a second intercept of 141.0 metres averaging 0.26% Cu and 2.20 g/t Ag, all within the 2024 MRE model. A third intersection at depth below the base of the 2024 MRE model returned 71.1 metres averaging   0.37% Cu and 2.58 g/t Ag , extending mineralization to a vertical depth of 618 metres.
  • Drill hole 30-1067, located 215 metres south of the 2024 MRE model, intersected 136.8 metres averaging 0.32% Cu and 3.18 g/t Ag from surface, extending the footprint of the deposit and again indicating that mineralization remains open to the south (see April 14, 2024 news release).

Robert Wares, Osisko Metals CEO, commented: ‘We are very pleased with these new drill results at Gaspé which continue to confirm our new geological model. New mineralization has again been added at depth, well below C Zone skarn horizon, and drill hole 30-1067 further demonstrates the potential to extend the deposit to the south. DDH 30-1067 was terminated in an undocumented stope above the C zone, at a depth of 137 metres. Further drilling will be conducted this month to test the deeper stratigraphy in this area for extended mineralization (to the base of the E zone, about 316 metres below hole 30-1067.’

Table 1: Drill hole mineralized intervals, see attached map for drill hole locations.

DDH No.

From To Width Cu Ag Mo
(m) (m) (m) % g/t %
30-1061 12.0 184.5 172.5 0.18 1.52
And 228.0 274.5 46.5 0.35 2.05
And 327.0 358.5 31.5 0.25 1.93
And 497.0 712.5 215.5 0.31 2.67
30-1062 19.0 72.0 53.0 0.19 2.18
And 96.0 128.5 32.5 0.15 1.62
And 282.0 307.0 25.0 0.19 1.62
30-1064 36.0 200.7 164.7 0.26 1.94
And 235.5 376.5 141.0 0.26 2.20
And 497.7 505.3 7.6 1.04 9.29 0.133
And 546.9 618.0 71.1 0.37 2.58
30-1065* 12.0 335.0 323.0 0.43 3.18
(Including) 205.8 216.9 11.1 1.54 12.5
(Including) 260.0 273.3 13.3 2.50 17.8
And 520.5 555.0 34.5 0.35 2.61
30-1066 573.0 604.5 31.5 0.41 4.37
30-1067* 15.0 151.8 136.8 0.32 3.18

*Holes marked by an asterisk intersected stopes and did not reach targeted depths.

The deposit remains open to the south and southwest. Drill holes 30-1062 and 30-1066 are located at the southeast margin and to the east of the 2024 MRE limit (respectively), and these two holes did not intersect significant mineralization, indicating that the deposit may not extend towards the east.

All holes were drilled sub-vertically into the altered calcareous stratigraphy which dips 20 to 25 degrees to the north; true widths are estimated at 90-92% of reported widths. The L1 (C Zone) the L2 (E Zone) skarn/marble horizons were intersected in most holes, as well as intervening porcellanites (pale green to white potassic-altered hornfels) that host the bulk of the disseminated copper mineralization.

The November 2024 MRE was limited at depth to the base of the L1 skarn horizon (C Zone), and all mineralized intersections below this horizon represent potential depth extensions to the deposit, to be included in the next scheduled MRE update in H1 2026.

Mineralization occurs as disseminations and veinlets of chalcopyrite and is mostly stratigraphically controlled in the area of Needle Mountain, Needle East and Copper Brook. As expected, no significant molybdenum mineralization was encountered in porcellanites in the latter areas, but high grades (up to 0.4% Mo) were locally obtained in both the C Zone and E Zone skarns. The bulk of the molybdenum mineralization occurs in veinlet stockworks further north at Copper Mountain, where true porphyry copper-style mineralization occurs, forming a distinct secondary mineralized zone that is characterized by widespread, continuous copper-molybdenum stockwork mineralization radiating from the central source of hydrothermal fluids, i.e. the Copper Mountain porphyry intrusion. At least five vein/stockwork mineralizing events have been recognized at Copper Mountain, which overprint earlier skarn/porcellanite-hosted mineralization throughout the Gaspé Copper system.

The 2022 to 2024 Osisko Metals drill programs were focused on defining open-pit resources within the Copper Mountain stockwork mineralization, leading to the May 2024 MRE (see May 6, 2024 press release). Extending the resource model south of Copper Mountain into the poorly-drilled primary skarn/porcellanite portion of the system subsequently led to a significantly increased resource, mostly in the Inferred category (see November 14, 2024 press release).

The current drill program is designed to convert of the November 2024 MRE to Measured and Indicated categories, as well as test the expansion of the system deeper into the stratigraphy and laterally to the south and southwest towards Needle East and Needle Mountain respectively.

Qualified Person

Mr. Bernard-Olivier Martel, P. Geo. is the Independent Qualified Person responsible for the technical data reported in this news release and he is a Professional Geologist registered in the Province of Quebec.

Quality Assurance / Quality Control

Mineralized intervals reported herein are calculated using an average 0.12% copper lower cut-off over contiguous 20-metre intersections (shorter intervals as the case may be at the upper and lower limits of reported intervals). Intervals of 20 metres or less are reported unless indicating significantly higher grades.

Osisko Metals adheres to a strict QA/QC program for core handling, sampling, sample transportation and analyses, including insertion of blanks and standards in the sample stream. Drill core is drilled in HQ or NQ diameter and securely transported to its core processing facility on site, where it is logged, cut and sampled. Samples selected for assay are sealed and shipped to ALS Canada Ltd.’s preparation facility in Sudbury. Sample preparation details (code PREP-31DH) are available on the ALS Canada website. Pulps are analyzed at the ALS Canada Ltd. facility in North Vancouver, BC. All samples are analyzed by four acid digestion followed by both ICP-AES and ICP-MS for copper, molybdenum and silver.

About Osisko Metals

Osisko Metals Incorporated is a Canadian exploration and development company creating value in the critical metals sector, with a focus on copper and zinc. The Company acquired a 100% interest in the past-producing Gaspé Copper mine from Glencore Canada Corporation in July 2023. The Gaspé Copper mine is located near Murdochville in Québec s Gaspé Peninsula. The Company is currently focused on resource expansion of the Gaspé Copper system, with current Indicated Mineral Resources of   824 Mt averaging 0.34% CuEq and Inferred Mineral Resources of 670 Mt averaging 0.38% CuEq (in compliance with NI 43-101). For more information, see Osisko Metals’ November 14, 2024 news release entitled ‘ Osisko Metals Announces Significant Increase in Mineral Resource at Gaspé Copper ‘. Gaspé Copper hosts the largest undeveloped copper resource in eastern North America, strategically located near existing infrastructure in the mining-friendly province of Québec.

In addition to the Gaspé Copper project, the Company is working with Appian Capital Advisory LLP through the Pine Point Mining Limited joint venture to advance one of Canada s largest past-producing zinc mining camps, the Pine Point project, located in the Northwest Territories. The current mineral resource estimate for the Pine Point project consists of Indicated Mineral Resources of 49.5 Mt averaging 5.52% ZnEq and Inferred Mineral Resources of 8.3 Mt averaging 5.64% ZnEq (in compliance with NI 43-101). For more information, see Osisko Metals June 25, 2024 news release entitled ‘Osisko Metals releases Pine Point mineral resource estimate: 49.5 million tonnes of indicated resources at 5.52% ZnEq’ . The Pine Point project is located on the south shore of Great Slave Lake, Northwest Territories, close to infrastructure, with paved road access, an electrical substation and 100 kilometers of viable haul roads.

For further information on this news release, visit www.osiskometals.com or contact:

Don Njegovan, President, Email: info@osiskometals.com

Cautionary Statement on Forward-Looking Information

This news release contains ‘forward-looking information’ within the meaning of applicable Canadian securities legislation based on expectations, estimates and projections as at the date of this news release. Any statement that involves predictions, expectations, interpretations, beliefs, plans, projections, objectives, assumptions, future events or performance (often, but not always, using phrases such as ‘expects’, or ‘does not expect’, ‘is expected’, ‘interpreted’, ‘management’s view’, ‘anticipates’ or ‘does not anticipate’, ‘plans’, ‘budget’, ‘scheduled’, ‘forecasts’, ‘estimates’, ‘potential’, ‘feasibility’, ‘believes’ or ‘intends’ or variations of such words and phrases or stating that certain actions, events or results ‘may’ or ‘could’, ‘would’, ‘might’ or ‘will’ be taken, occur or be achieved) are not statements of historical fact and may be forward-looking information and are intended to identify forward-looking information. This news release contains forward-looking information pertaining to, among other things: the tax treatment of the FT Units; the timing of incurring the Qualifying Expenditures and the renunciation of the Qualifying Expenditures; the ability to advance Gaspé Copper to a construction decision (if at all); the ability to increase the Company’s trading liquidity and enhance its capital markets presence; the potential re-rating of the Company; the ability for the Company to unlock the full potential of its assets and achieve success; the ability for the Company to create value for its shareholders; the advancement of the Pine Point project; the anticipated resource expansion of the Gaspé Copper system and Gaspé Copper hosting the largest undeveloped copper resource in eastern North America.

Forward-looking information is not a guarantee of future performance and is based upon a number of estimates and assumptions of management, in light of management’s experience and perception of trends, current conditions and expected developments, as well as other factors that management believes to be relevant and reasonable in the circumstances, including, without limitation, assumptions about: the ability of exploration results, including drilling, to accurately predict mineralization; errors in geological modelling; insufficient data; equity and debt capital markets; future spot prices of copper and zinc; the timing and results of exploration and drilling programs; the accuracy of mineral resource estimates; production costs; political and regulatory stability; the receipt of governmental and third party approvals; licenses and permits being received on favourable terms; sustained labour stability; stability in financial and capital markets; availability of mining equipment and positive relations with local communities and groups. Forward-looking information involves risks, uncertainties and other factors that could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information. Factors that could cause actual results to differ materially from such forward-looking information are set out in the Company’s public disclosure record on SEDAR+ (www.sedarplus.ca) under Osisko Metals’ issuer profile. Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. The Company disclaims any intention or obligation to update or revise any forward- looking information, whether as a result of new information, future events or otherwise, other than as required by law.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/862b1188-64a0-4cd7-9885-854274ed8fb7

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Group Eleven Resources Corp. (TSXV: ZNG) (OTC Pink: GRLVF) (FSE: 3GE) (‘Group Eleven’ or the ‘Company’) is pleased to invite investors and other interested parties to attend the Company’s upcoming interview with Radius Research.

CEO Bart Jaworski is providing an update on ZNG’s Ballywire high-grade zinc-lead-silver (+/- germanium, +/- copper) discovery in the Republic of Ireland.

Group Eleven is a mineral exploration company focused on advanced-stage zinc exploration in the Republic of Ireland. Group Eleven announced the Ballywire zinc-lead-silver discovery in September 2022. Ballywire is located 20 kilometres from the Company’s 77.64-per-cent-owned Stonepark zinc-lead deposit, which itself is located adjacent to Glencore’s Pallas Green zinc-lead deposit. The Company’s two largest shareholders are Glencore Canada (16.1% interest) and Michael Gentile (16.0%).

The webinar will be a live, interactive online event where attendees are invited to ask the Company questions in real-time following the interview. An archived webcast will be made available for those who cannot join the event live on the day of the webinar.

To view an enhanced version of this graphic, please visit:
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Event: Radius Research Pitch, Deep Dive and Q&A with Group Eleven Resources
Presentation Date & Time: Friday, May 9th @ 1 PM ET / 10 AM PT

Webcast Registration Link: https://us02web.zoom.us/webinar/register/2217454525321/WN_rbcETYVHSkKaIyDcqlKduQ

Market Radius Research gives individual investors access to in-depth CEO interviews with deep-dive institutional-level discussion and Q&A. Market Radius is hosted by Martin Gagel, former top-ranked sell-side technology and specialist analyst. By registering for this webinar you agree to receive a weekly email from Radius Research (with one-click unsubscribe if you’re not interested) and your contact information will be shared with the presenting company.

About Group Eleven Resources

Group Eleven Resources Corp. (TSXV: ZNG) (OTC Pink: GRLVF) (FSE: 3GE) is a mineral exploration company focused on advanced stage zinc exploration in the Republic of Ireland. Group Eleven announced the Ballywire discovery in September 2022. 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 the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Cautionary 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.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/250758

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western copper and gold corporation (‘Western’ or the ‘Company’) (TSX: WRN) (NYSE American: WRN) is pleased to announce further progress on its board renewal process.

In connection with the upcoming Annual General Meeting (‘AGM’), Dr. Bill Williams will retire from his last remaining board position, and Tara Christie will not stand for re-election in order to focus on her existing executive priorities. Western is pleased to announce the nomination of Pamela O’Hara for election to the board of directors at the Company’s AGM on June 12, 2025 .

Ms. O’Hara brings over 30 years of experience advancing mining and transportation infrastructure projects, as well as a deep level of expertise in the Yukon . She has been heavily involved in permitting large projects including Ekati, Voisey’s Bay, Wolverine, Hope Bay , Canadian Pacific Railway, and the Port of Vancouver . A Registered Professional Biologist and Certified Sustainability (ESG) Practitioner, Ms. O’Hara is known for delivering innovative, community-focused projects and successfully navigating regulatory environments. Ms. O’Hara holds a B.Sc. in Biology and Oceanography from the University of British Columbia and an M.Sc. in Environment and Management from Royal Roads University.

‘On behalf of the Board, I would like to sincerely thank Bill for his many contributions to Western over the years and wish him all the best in his retirement,’ said Sandeep Singh , President and CEO. ‘We also thank Tara for her years of dedicated service and support to Western. Looking ahead, as we advance the Casino Project through environmental assessment and permitting, Pamela’s proven ability to navigate regulatory processes and deliver major projects will be a significant asset to the board of directors and the broader team.’

ABOUT western copper and gold corporation

western copper and gold corporation is developing the Casino Project, Canada’s premier copper-gold mine in the Yukon Territory and one of the most economic greenfield copper-gold mining projects in the world.

The Company is committed to working collaboratively with our First Nations and local communities to progress the Casino Project, using internationally recognized responsible mining technologies and practices.

For more information, visit www.westerncopperandgold.com .

On behalf of the board,

‘Sandeep Singh’

Sandeep Singh
President and CEO
western copper and gold corporation

Cautionary Note Regarding Forward-Looking Statements

This news release includes certain ‘forward-looking information’ and ‘forward-looking statements’ (collectively ‘forward-looking statements’) within the meaning of applicable Canadian and United States securities legislation including the United States Private Securities Litigation Reform Act of 1995. These forward-looking statements are made as of the date of this news release. Forward-looking statements are frequently, but not always, identified by words such as ‘expects’, ‘anticipates’, ‘believes’, ‘plans’, ‘projects’, ‘intends’, ‘estimates’, ‘envisages’, ‘potential’, ‘possible’, ‘strategy’, ‘goals’, ‘opportunities’, ‘objectives’, or variations thereof or stating that certain actions, events or results ‘may’, ‘could’, ‘would’, ‘might’ or ‘will’ be taken, occur or be achieved, or the negative of any of these terms and similar expressions.

Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual events to be materially different from those expressed or implied by such statements. Such factors include but are not limited to the risk of unforeseen challenges in advancing the Casino project, potential impacts on operational continuity, changes in general market conditions that could affect the Company’s performance; and other risks and uncertainties disclosed in the Company’s annual information form and Form 40-F for the most recently completed financial year and its other publicly filed disclosure documents.

Forward-looking statements are based on assumptions management believes to be reasonable, such assumptions and factors as set out herein, and in the Company’s annual information form and Form 40-F for the most recently completed financial year and its other publicly filed disclosure document.

Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, other factors may cause results to be materially different from those anticipated, described, estimated, assessed or intended. These forward-looking statements represent the Company’s views as of the date of this news release. There can be no assurance that any forward-looking statements will be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The Company does not intend to and does not assume any obligation to update forward-looking statements other than as required by applicable law.

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SOURCE western copper and gold corporation

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Apollo Silver Corp. (‘ Apollo ‘ or the ‘ Company ‘) (TSX.V:APGO, OTCQB:APGOF, Frankfurt:6ZF0) is pleased to announce the appointment of Mr. Ross McElroy as President and CEO, effective immediately, succeeding Mr. Andrew Bowering, who will remain as Chair of the Board.

Mr. McElroy joins Apollo following the successful acquisition of Fission Uranium, a company he co-founded and eventually led as CEO, by Paladin Energy in a $1.14 billion transaction.

Mr. McElroy is a professional geologist with over 38 years of mining industry experience, both in operational and corporate roles, having worked with major, mid-tier, and junior mining and exploration companies. His extensive international background spans from grassroots exploration to development to mining operations. He has played a key role in the discoveries of numerous world-class uranium and gold orebodies, several of which have been advanced to development and mining operations. His accomplishments have earned widespread recognition, including being named The Northern Miner’s ‘Mining Person of the Year’ (2013), and receiving PDAC’s prestigious ‘Bill Dennis Award’ (2014).

Mr. McElroy holds a Bachelor of Science degree with a specialization in Geology from the University of Alberta, and is a registered professional geologist in Saskatchewan, British Columbia, Nunavut, and the Northwest Territories.

‘I am excited to be joining Apollo as its new President and CEO at such a pivotal time in the Company’s growth and development ,’ said Mr. McElroy. ‘ Apollo is backed by a strong portfolio of silver assets and a highly capable team with a proven track record. I’m eager to build on that foundation and drive the Company toward its next phase of growth. I see a major opportunity to unlock significant value for shareholders as the Company advances towards becoming a leading silver developer in the Americas .’

Mr. Bowering added, ‘ I am looking forward to working closely with Ross. Our ability to attract someone with Ross’ expertise, energy and track record of value creation speaks volumes about the opportunity at Apollo. I believe he will have a transformative impact on the Company’s future and all stakeholders will benefit greatly .’

Grant of Options
In connection with his appointment, Mr. McElroy has been granted an aggregate of 2,500,000 incentive stock options (the ‘ Options ‘) pursuant to the Company’s Omnibus Incentive Plan. The Options are exercisable at a price of $0.315 per common share, have a term of five years, and will vest over a 24-month period: one-third on the grant date, one-third after 12 months, and the balance after 24 months.

About Apollo Silver Corp.
Apollo has assembled an experienced and technically strong leadership team who have joined to advance quality precious metals projects in sought after jurisdictions. The Company is focused on advancing its portfolio of two prospective silver exploration and resource development projects, the Calico Project, in San Bernardino County, California and the Cinco de Mayo Project, in Chihuahua, Mexico.

Please visit www.apollosilver.com for further information.

ON BEHALF OF THE BOARD OF DIRECTORS
Andrew Bowering
Chairman

For further information, please contact:
Andrew Bowering
Chairman
Telephone: +1 (604) 428-6128

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

Cautionary Statement Regarding ‘Forward-Looking’ Information
This news release includes ‘forward-looking statements’ and ‘forward-looking information’ within the meaning of Canadian securities legislation. All statements included in this news release, other than statements of historical fact, are forward-looking statements including, without limitation the statements regarding the Company’s future growth, development plans, potential to unlock shareholder value, and expectations regarding Mr. McElroy’s impact on the Company and its stakeholders. Forward-looking statements include predictions, projections and forecasts and are often, but not   always,   identified   by   the   use   of   words   such   as   ‘anticipate’,   ‘believe’,   ‘plan’,   ‘estimate’,   ‘expect’,   ‘potential’,   ‘target’, ‘budget’ and ‘intend’ and statements that an event or result ‘may’, ‘will’, ‘should’, ‘could’ or ‘might’ occur or be achieved and other similar expressions and includes the negatives thereof.

Forward-looking statements are based on   the reasonable assumptions,   estimates, analysis, and opinions of the management of the Company made in light of its experience and its perception of trends, current conditions and expected developments, as well as other factors that management of the Company believes to be relevant and reasonable in the circumstances at the date that such statements are made.   Forward-looking information is based on reasonable assumptions that have been made by the Company as at the date of such information and is subject to known and unknown risks, uncertainties and other factors that may have caused actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking information, including   but   not limited to: risks associated with mineral exploration and development; metal and mineral prices; availability of capital; accuracy of the Company’s projections and estimates; realization of mineral resource estimates, interest and exchange rates; competition; stock price fluctuations; availability of drilling equipment and access; actual results of current exploration activities; government regulation; political or economic developments; environmental risks; insurance risks; capital expenditures; operating or technical difficulties in connection with development activities; personnel relations; and changes in Project parameters   as   plans   continue   to   be   refined. Forward-looking statements are based on assumptions management believes to be reasonable, including   but   not   limited   to   the   price   of   silver,   gold   and   Ba;   the   demand   for   silver,   gold   and   Ba;   the   ability to   carry on exploration and development activities; the timely receipt of any required approvals; the ability to obtain qualified personnel, equipment and services in a timely and cost-efficient manner; the ability to operate in a safe, efficient and effective matter; and the regulatory framework regarding environmental matters, and such other assumptions and factors as set out herein. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results   not   to   be   as   anticipated,   estimated   or   intended.   There   can   be   no   assurance   that   forward-looking   statements   will prove to be accurate and actual results, and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward looking information contained herein, except   in   accordance   with   applicable   securities   laws.   The   forward-looking   information   contained   herein   is   presented   for the   purpose   of   assisting   investors   in   understanding   the   Company’s   expected   financial   and   operational   performance   and the   Company’s   plans   and   objectives   and   may   not   be   appropriate   for   other   purposes.   The   Company   does   not   undertake to update any forward-looking information, except in accordance with applicable securities laws .

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LOUISVILLE, Ky. — Every Kentucky Derby winning trainer has the same day-after script when it comes to bringing their horse to the Preakness. And the line is usually some non-committal variation of “they’ll tell us” if they’re physically ready to run back just two weeks later in the second jewel of the Triple Crown. 

Bill Mott was no different Sunday, the morning after Sovereignty’s victory. But you could almost see the thought bubble forming around his words, telling the world not to be too surprised if he and the management team at Godolphin, which owns the horse, decide to take a pass on Baltimore. 

“It’s good to have that option,” Mott told reporters waiting at his barn Sunday morning. “I don’t think we’re dead set on it. I don’t think that’s the only thing we’re thinking about.”

Uh oh. Is anyone in horse racing going to listen when the best trainers in the world — and the people responsible for the health and well-being of the animal — tell you over and over again that the Triple Crown is no longer viable in its current format? 

Sorry, traditionalists. But it’s time for the Triple Crown to change. 

It doesn’t have to be anything radical. But the modern racehorse is not bred or built to run three long races in five weeks, and there isn’t a single high-level trainer in the country that would put their horse through that gauntlet unless there was a historic achievement on the line. 

Those who have resisted adding some time between the races have long argued that it cheapens the achievement if you remove part of the challenge. But what’s actually been happening over the last several years is that so few horses run in all three races it’s already being cheapened. 

And the ones that do, in general, don’t come out better for it on the other side. 

Last year, Derby winner Mystik Dan ran in all three legs and then disappeared until December. He’s 0-for-3 since then. Mage, the 2023 winner, ran in the Preakness and was never the same, retiring after two more races and several physical issues.

“I think over the years, people realize that spacing these horses out a little bit gives you the opportunity to make them last a little longer,” Mott said. “I think we’re looking at a career, you know, and you want the career to last more than five weeks.”

There could not be a more damning indictment of how the Triple Crown is now perceived. 

This isn’t the 1940s anymore when it was common for Thoroughbreds to run every couple weeks and sometimes actually run races in between the three-week gap separating the Preakness and Belmont. This isn’t the 1980s when one of the premier Derby preps, the Blue Grass Stakes, was actually held nine days before the run for the roses. It’s not even 2015, when American Pharoah broke the 37-year drought and proved to the racing world that it could still be done. 

And even as modern Thoroughbreds become more injury-prone and less sturdy due to inbreeding and the commercial appeal of speed pedigrees over stamina, it can still be done. 

But at what cost? 

“It’s a long season and he’s had three hard races since February and that takes a lot out of those horses,” Michael Banahan, the director of American bloodstock for Godolphin, told reporters. “It’s a quick turnaround and that’s what makes the Triple Crown so special. He’ll tell us yea or nay, and we’ll do what he tells us to do. There’s lots of great opportunities and really good races to try to compete in and see if we can pad his résumé even more.”

That last part seems significant. 

Because for the connections of a horse like Sovereignty, the Kentucky Derby was the goal, full stop. Everything they did with him in the winter and spring was designed to have him at his peak level of fitness on Saturday to run an incredibly grueling race. 

Often, the horses are so fit after the Derby that they can bounce right back two weeks later and deliver another monster performance. 

But it does grind them up, and the Preakness — for all its tradition and fanfare — is really just another big race. Yeah, running for a $2 million purse is nice. But what if the result is that they end up with a tired horse that isn’t going to run in the $1 million Haskell Stakes or the $1.25 million Travers at Saratoga or the $7 million Breeders’ Cup Classic at the end of the season?

“I think the Triple Crown is a huge challenge for any horse,” Mott said. ‘The great thing about it is not many horses are able to do it and certainly I believe that he’s a big, strong horse and if you’re ever going to look at one and if that’s your goal and the goal of the owner and still in the best interest of the horse, it’s great. Everybody knows that American Pharoah won it and Justify won it (in 2018), but we’re going to look long term.”

If horse racing had its act together, this wouldn’t even be a debate. There would be three weeks or a month between the Derby and Preakness, then another month to get ready for the Belmont. It would still be extremely hard to win — maybe even harder because the Preakness and Belmont would have better fields. 

And it wouldn’t be the end of the world. Though the spacing of the Triple Crown races has been consistent for decades, it has moved around a bit since the early days. There’s nothing sacrosanct about squeezing it into five weeks, and the powers that be should have started a real conversation about changing things when they noticed in the 2010s how few horses anymore were running in all three races. 

After that thrilling Derby on Saturday, what could possibly be better for horse racing than having a Preakness where you get Sovereignty, Journalism and Baeza back for a rematch on a different track with different conditions? Instead, Pimlico will be lucky if one of the three shows up. And if that’s the case, what’s even the point of the Preakness anymore? 

As much as most fans want to see Sovereignty try for the Triple Crown, Mott holding him out of the race might just be the moment of clarity horse racing needs to finally admit that the current format is no longer in the best interests of the sport. 

Follow USA TODAY Sports columnist Dan Wolken on BlueSky.

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The 2027 NFL Draft will be held in Washington D.C., according to multiple reports. Axois was the first to report the news.

An official announcement is expected Monday at the White House. NFL commissioner Roger Goodell and Washington Commanders owner Josh Harris will reportedly be joined by President Donald Trump, who has an unspecified sports-related announcement scheduled for 1 p.m. ET on Monday.

The 2027 draft announcement will come a week after the Commanders revealed intentions to build a new stadium on the old RFK stadium site. Plans for the 65,000-seat venue still requires the approval of the District of Columbia city council.

After the 2025 NFL Draft was held in Green Bay, Wisconsin, the 2026 event is slated to be held in Pittsburgh. More than 600,000 fans attended the draft in Green Bay, which was held over the course of three days on April 24-26.

All the NFL news on and off the field. Sign up for USA TODAY’s 4th and Monday newsletter.

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The seventh-seeded Golden State Warriors overcame a poor first half offensively from Steph Curry, received a great and necessary offensive performance from Buddy Hield and took Game 7 on the road against the second-seeded Houston Rockets with a 103-89 victory Sunday.

The Warriors will play Minnesota in a Western Conference semifinal series. Game 1 is Tuesday (9:30 p.m. ET, TNT).

Hield scored 22 of his playoff career-high 33 points in the first half and was 12-for-15 from the field and 9-for-11 on 3s. Curry finished with 22 points after scoring just three in the first half.

CONFERENCE SEMIFINALS PREVIEWS:NYK-BOS | IND-CLE | DEN-OKC

In the first half, Hield was 8-for-9 shooting from the field, including 6-for-7 on 3s. That made up for Curry who missed his first five shots and didn’t score until he made a 3-pointer with 33.3 seconds left in the second quarter.

Golden State’s collective experience with Curry, Draymond Green, Jimmy Butler and coach Steve Kerr outmaneuvered the Rockets. The heart of a champion continues to beat in the 2025 NBA playoffs.

A 12-0 Warriors run late in the fourth quarter extended their lead to 94-74, and Curry found enough offense in the final two quarters, including 14 in the fourth. He also added 10 rebounds, seven assists, two blocks and two steals.

Green had 16 points, six rebounds and five assists, and Butler finished with 20 points, eight rebounds and seven assists.

Golden State outscored Houston 54-18 on 3-pointers and shot 41.9% from that range.

Rockets forward Amen Thompson scored a team-high 24 points, and center Alperen Sengun had 21 points and 14 rebounds. But Jalen Green’s offensive issues continued with just eight points, and Dillon Brooks had eight points as the Rockets shot 40.5% from the field and 33.3% on 3s.

Both teams were up against Game 7 history.

The home team had won 113 of 152 Game 7s headed into Sunday’s Warriors-Rockets series finale. However, there has been a Game 7 road winner in the past eight NBA playoffs, including two Game 7 road winners in 2024, 2023, 2022 and 2021.

Teams that led a best-of-seven series 3-1 won the series 279 of 292 times before Sunday’s game, and the Warriors avoided becoming the 14th team to lose a series after leading 3-1.

The Warriors became another road team to win Game 7, and it is also just the third time in the past 16 seasons that a seven seed has knocked off a two seed (San Antonio over Dallas in 2010 and the Los Angeles Lakers over Memphis in 2023).

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All year, the Western Conference has been lauded as deep and talented.

That remains true as four teams remain in the West playoffs, including the sixth-seeded Minnesota Timberwolves and seventh-seeded Golden State Warriors, who will face each other in a conference semifinals series.

That means a No. 7 or No. 6 seed will reach the conference finals.

Warriors-Timberwolves features stars (Steph Curry, Anthony Edwards), and the series is a matchup of one team trying to extend its dynasty (Golden State) and another trying to reach its first NBA Finals (Minnesota).

Here’s everything you need to know about the second-round series between the Timberwolves and Warriors:

Golden State Warriors vs. Minnesota Timberwolves most important players to watch

Anthony Edwards, guard, Timberwolves: Edwards was the most impactful player on the court in the Timberwolves’ first-round series victory against the Los Angeles Lakers. He averaged 26.8 points, 8.4 rebounds, 6.2 assists and 1.2 steals and shot 42% from the field, 33.3% on 3-pointers and 77.4% on free throws (his shooting efficiency needs to improve in the second round, for sure). Julius Randle’s play is important, too, but the Timberwolves can win games when Randle isn’t elite. The Timberwolves need Edwards – not just his talent but his confidence, too – to be the best player on the court to win this series.

Jimmy Butler, forward, Warriors: The Warriors acquired Butler at the trade deadline so they were better equipped to make another run at a title with Steph Curry and Draymond Green. The Warriors are 27-10, including the playoffs, with Butler in the lineup. He has improved the Warriors offensively and defensively and gives them a chance to get back to the conference finals. Yes, Curry needs to play well, but it’s Playoff Jimmy that can push the Warriors to the next round.

Golden State Warriors vs. Minnesota Timberwolves preview

How the Timberwolves will win: The Timberwolves are well coached (just devised a game plan to limit Luka Doncic and LeBron James), defend, have some depth and can score just enough to eke out victories with Edwards leading. The Timberwolves had a solid first round. If indeed Edwards is the best player on the court in the series, Minnesota could be playing in the conference finals for the second consecutive season. Coach Chris Finch’s ability to gameplan for an opponent is a big part of the Timberwolves’ success.

How the Warriors will win: Curry. Green. Butler. Coach Steve Kerr. That kind of experience is what drives a team deeper in the playoffs. Throw in shooting from Buddy Hield and Brandin Podziemski, solid defense and minimal turnovers and the Warriors have a recipe for success.

Golden State Warriors vs. Minnesota Timberwolves stat

  • The Timberwolves are No. 2 in offensive rebounding and No. 1 in second-chance points in the playoffs.

Golden State Warriors vs. Minnesota Timberwolves predictions

  • Lorenzo Reyes: Timberwolves in six
  • Heather Tucker: Timberwolves in seven
  • James Williams: Timberwolves in six
  • Jeff Zillgitt: Timberwolves in seven

Golden State Warriors vs. Minnesota Timberwolves schedule

  • Game 1: Warriors at Timberwolves | Tuesday, May 6, 9:30 p.m. | TNT
  • 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, time TBD | TNT*
  • Game 6: Timberwolves at Warriors | Sunday, May 18, TBD | TBD*
  • Game 7: Warriors at Timberwolves | Tuesday, May 20, 8:30 | ESPN *

All times Eastern. *-if necessary

Golden State Warriors vs. Minnesota Timberwolves season series

Warriors won the series 3-1.

  • Dec. 6: Timberwolves 107, Warriors 90
  • Dec. 8: Warriors 114, Timberwolves 106
  • Dec. 21: Warriors 113, Timberwolves 103
  • Jan. 15: Warriors 116, Timberwolves 115
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The NHL’s non-playoff teams will learn Monday night where they will draft, and they will learn in real time.

Previously, the draft lottery drawing would take place off camera before the televised show and deputy commissioner Bill Daly would be handed cards with team logos on them. He would turn over the cards in inverse order until the winner was confirmed.

But this year, the drawing will be shown live for the first time during the show at Secaucus, New Jersey. Everyone will be able to see the lottery balls as they are drawn.

The first and second picks in the draft will be determined in the lottery. Here is how to watch the draft lottery, each team’s odds, how the process works and top prospects:

When is the NHL draft lottery?

The NHL draft lottery will be held at 7 p.m. ET at the NHL Network’s studio in Secaucus, New Jersey.

How can I watch the NHL draft lottery?

The NHL draft lottery will be broadcast by ESPN.

How can I stream the NHL draft lottery?

It can be streamed on ESPN+ and on services that carry ESPN, such as Fubo.

Draft lottery odds

The draft lottery winner can move up a maximum of 10 spots, so only the bottom 11 teams have a chance to win the No. 1 pick. The last-place team has an 18.5% chance of winning outright, plus would retain the first overall pick if a team that finishes 12th to 16th from the bottom wins the lottery. The Rangers dealt their pick to Vancouver in the J.T. Miller trade but it’s top-13 protected. If the Flames win one of the drawings, the Canadiens would get the Panthers’ first-round pick instead.

  1. San Jose Sharks – 25.5% (18.5% outright)
  2. Chicago Blackhawks – 13.5%
  3. Nashville Predators – 11.5%
  4. Philadelphia Flyers – 9.5%
  5. Boston Bruins – 8.5%
  6. Seattle Kraken – 7.5%
  7. Buffalo Sabres – 6.5%
  8. Anaheim Ducks – 6.0%
  9. Pittsburgh Penguins – 5.0%
  10. New York Islanders – 3.5%
  11. New York Rangers – 3.0%
  12. Detroit Red Wings – 2.5%
  13. Columbus Blue Jackets – 2.0%
  14. Utah Hockey Club – 1.5%
  15. Vancouver Canucks – 0.5%
  16. Montreal Canadiens (from Calgary Flames) – 0.5%

How does the draft lottery work?

There are two drawings, first for a chance at the top pick and then for a chance at the second pick. Winning teams can move up only 10 spots. The last-place team can draft no lower than third overall. Beginning with the 2022 lottery, a team cannot win more than twice in a five-year period.

There are 14 balls, numbered 1 to 14, in the machine and each team is assigned a series of four numbers. The resulting four-digit series is matched against a table that lists the 1,000 possible combinations to determine which team was assigned the winning combination. The lower a team is in the standings, the more series of numbers it gets. The last-place Sharks will be assigned 185 numbers.

Who is the top prospect?

Defenseman Matthew Schaefer is the top-ranked North American skater in NHL Central Scouting’s final rankings of 2025 draft prospects, despite not playing since the world junior hockey championship in December.

He scored 22 points in 17 games with the Erie (Pennsylvania) Otters and had two points in two games at the tournament before breaking his collarbone and missing the rest of the tournament and the season.

“He is the complete package playing a dynamic style that generates results and influences the outcome of games,’ said Dan Marr, vice president of NHL Central Scouting. ‘Schaefer easily projects as a future All-Star in the NHL.”

Top North American skaters

  1. Erie (OHL) defenseman Matthew Schaefer
  2. Saginaw (OHL) center Michael Misa
  3. Boston College center James Hagens
  4. Brantford (OHL) center Jake O’Brien
  5. Seattle (WHL) defenseman Radim Mrtka
  6. Brampton (OHL) right wing Porter Martone
  7. Moncton (QMJHL) center Caleb Desnoyers
  8. Brandon (WHL) center Roger McQueen
  9. Barrie (OHL) defenseman Kashawn Aitcheson
  10. Everett (WHL) left wing Carter Bear

Top international skaters

  1. Djurgarden (Sweden) center Anton Frondell
  2. Djurgarden (Sweden) right wing Victor Eklund
  3. Modo Jr. (Sweden) Milton Gastrin
  4. Karlovy Vary (Czechia) left wing Vojtech Cihar
  5. Ufa Jr. (Russia) right wing Alexander Zharovsky

When is the NHL draft?

The 2025 NHL Draft will be held June 27-28. The first round will be on June 27 and rounds 2-7 will be held the next day. The times haven’t been announced yet. It will be held in Los Angeles at L.A. Live’s Peacock Theater. Top prospects will be there, but not team representatives, who will take part virtually.

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The market does not always follow the same script or sequence, but bear markets typically end with a bottoming process marked by specific stages. These include capitulation, a short-term reversal-thrust, a follow-through thrust and long-term regime change. The first two stages mark downside excess and the initial turn around, while the latter two signal strong follow through. Today’s report will look at the first two phases, and preview the last two.

Phase 1: Capitulation

The capitulation phase of a bear market occurs when traders throw in the towel as downside momentum and selling pressure accelerate. Usually, the capitulation phase occurs after an extended decline, and this phase is the first step to a bottom. The chart below shows SPY with Bollinger Bands (200,3), %B (200,3) and S&P 500 Percent Above 200-day SMA ($SPXA200R). Signs of capitulation emerge when %B is below 0 and/or fewer than 20% of S&P 500 stocks are above their 200-day SMAs. The blue dashed lines show capitulation in June 2022, September 2022 and early April 2025. Note that we initially covered this capitulation phase in a report on April 8th.

Phase 2: Short-term Thrust Signals (ZBT)

Phase 2 is marked by a sharp-reversal from oversold extremes and an upside thrust. The Zweig Breadth Thrust is perhaps the most famous thrust indicator these days. We covered the ZBT extensively over the last few weeks and introduced a strategy using this indicator. The chart below shows the S&P 1500 ZBT indicator in the lower window (10-day EMA of S&P 1500 AD%). A thrust signal triggered on April 24th and stocks followed through with further gains.  

Two Down and Two to Go

The capitulation phase showed excessive selling pressure and the thrust phase marked a short-term reversal. These are bullish events, but the market cup is not yet half full. SPY remains below its 200-day SMA and the late March high (see chart above). Medium-term thrust indicators have yet to trigger and long-term breadth remains bearish. The 14% surge over the last 17 days is impressive, but keep in mind that SPY surged 10% in nine days in March 2022, which was a bear market bounce.

TrendInvestorPro produced a report this week covering the four phases – and what to watch going forward. Click here to take a trial and get immediate access.

  • Phase 1: Capitulation
  • Phase 2: Short-term Thrust Signals
  • Phase 3: Medium-term Thrust Signals
  • Capitulation and Thrust Indexes
  • Phase 4: Long-term Indicators turn Bullish
  • Short-term Improvements, but Longer Term 

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