Keith Weiner, founder and CEO of Monetary Metals, discusses gold and silver’s performance so far this year and shares his outlook for the rest of 2025.
He also explains what makes today’s gold bull market different than those seen in prior years.
Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.
The NASDAQ Biotechnology Index (INDEXNASDAQ:NBI) is still trading at three-year highs, despite current market volatility, in response to breakthrough innovations and increased deals involving biotech stocks listed on the NASDAQ.
After dropping to a low of 3,637.05 in October 2023, the index climbed to a nearly three year peak of 4,954.813 on September 19, 2024. While the index had pulled back to 4,530.69 as of August 5, 2025, further growth could be in store in the future.
According to a Towards Healthcare analyst report, the global biotech market is expected to grow at a compound annual growth rate of 12.5 percent from now to 2034, reaching a valuation of US$5.04 trillion.
Driving that growth will be favorable government policies, investment in the sector, increased demand for synthetic biology and a rise in chronic disorders such as cancer, heart disease and hypertension.
The top NASDAQ biotech stocks have seen sizeable share price increases over the past year. For those interested in investing in biotech companies, the best-performing small-cap biotech stocks are outlined below.
Data was gathered on August 5, 2025, using TradingView’s stock screener. Small-cap biotech stocks with market caps between US$50 million and US$500 million at that time were considered for this list.
Year-to-date gain: 227.8 percent
Market cap: US$256.36 million
Share price: US$2.26
Tiziana Life Sciences is a clinical-stage biopharma which is developing therapies for autoimmune and inflammatory diseases, degenerative diseases, and cancer-related to the liver. Its pipeline of candidates is built on its patent drug delivery technology that provides a possible alternative to intravenous delivery. Tiziana’s lead candidate is intranasal foralumab, a fully human anti-CD3 monoclonal antibody.
Tiziana Life Sciences shares hit US$1.69 on March 7 after the company filed its investigational new drug application to the US Food and Drug Administration (FDA) for a Phase 2 clinical trial in amyotrophic lateral sclerosis (ALS), which is supported by the ALS Association. However, by early April that value had fallen back to US$0.78 per share.
A series of positive news flow later in the spring helped to give Tiziana shares another boost. In April, John Hopkins University and the University of Massachusetts commenced dosing of the biotech company’s intranasal foralumab in Phase 2 trials for patients with non-active secondary progressive multiple sclerosis. On May 7, the company shared positive results from the use of its lead candidate in improving the quality of life for patients with that form of multiple sclerosis.
Tiziana is also studying the use of intranasal foralumab for treating moderate Alzheimer’s disease. On May 9, it announced that PET scans of a patient with moderate Alzheimer’s showed a significant reduction in microglia activation associated with neuroinflammation after three months of treatment.
Shares of Tiziana reached US$1.62 on May 13.
On July 21, the company announced an ‘unexpected discovery’ in its findings of an immunologic analysis of the patient with Alzheimer’s disease.
‘In an unexpected discovery, the analysis revealed an increase in phagocytosis markers in classical monocytes, suggesting that nasal foralumab may enhance their ability to clear amyloid plaques,’ the press release states. ‘This unexpected effect may open new avenues for treating Alzheimer’s Disease by targeting both inflammation and amyloid accumulation.’
Tiziana’s share price climbed through the remainder of the month, hitting a year-to-date high of US$2.50 on July 31.
Year-to-date gain: 224.98 percent
Market cap: US$416.08 million
Share price: US$37.64
Palvella Therapeutics is a clinical-stage biopharma developing treatments targeting rare genetic skin diseases for which there are no FDA-approved therapies. The company’s product pipeline centers on its patented QTORIN platform, which has an initial focus on rare genetic skin diseases.
Its lead product candidate, QTORIN rapamycin, is currently in a Phase 2 clinical trial in cutaneous venous malformations, and a Phase 3 clinical trial in microcystic lymphatic malformations (LM). QTORIN rapamycin has been granted breakthrough therapy designation, orphan drug designation and fast track designation from the FDA for the treatment of microcystic LMs.
After starting the year at US$12.00, shares of Palvella had surged to US$20.99 by February 18. About a week earlier, the company had shared plans to expand the Phase 3 trial to include pediatric patients from three to five years of age. That momentum in Palvella’s share price continued to rally to US$29 per share on March 13.
June produced a number of significant milestones for Palvella. On June 9, the company received initial proceedings from a grant issued by the FDA Office of Orphan Products Development for its Phase 3 trial, and on June 23, it completed enrollment for the trial with 51 subjects, 25 percent over its target. The company closed out the month with news it was added to the broad-market Russell 3000 Index and the Russell 2000 Index.
The company said it remains on track to deliver top-line Phase 3 data in Q1 2026 to support its planned new drug application submission later that year.
While the company didn’t release news in July, Palvella Therapeutics’ share price climbed significantly through the month to hit a year-to-date high of US$39.87 on July 28.
Year-to-date gain: 163.03 percent
Market cap: US$117.35 million
Share price: US$3.13
OKYO Pharma is a clinical-stage biopharma developing therapies for the treatment of neuropathic corneal pain and dry eye disease. Its lead candidate is urcosimod, a non-steroidal anti-inflammatory and non-opioid analgesic.
So far in 2025, the company has achieved multiple milestones related to its Phase 2 trial of urcosimod for treatment of neuropathic corneal pain.
On April 30, OKYO announced plans to end the trial early to analyze the data from the patients who had completed the trial, with the goal of accelerating its clinical development and expanding the program. Supporting the decision was the fact that urcosimod had previously demonstrated safety in OKYO’s completed Phase 2 trial of the candidate to treat patients with dry eye disease.
The next day, news broke that the FDA granted urcosimod fast track designation for the treatment of neuropathic corneal pain. OKYO’s stock price reached US$1.57 on May 1.
On July 17, OKYO posted strong top-line data from its Phase 2 clinical trial, and stated it is planning a meeting with the FDA to discuss next steps for its lead drug candidate. The following day, OKYO received US$1.9 million in non-dilutive funding to support its clinical development of urcosimod.
Shares of OKYO hit a year-to-date high of US$3.17 on August 5.
Year-to-date gain: 129.47 percent
Market cap: US$144.28 million
Share price: US$2.16
IO Biotech is a clinical-stage biopharmaceutical company developing immune-modulating therapeutic cancer vaccines based on its T-win technology platform, designed to activate T cells to target both tumor cells and the immune-suppressive cells. The company’s lead cancer vaccine candidate IO102-IO103, which has the brand name Cylembio, is currently in clinical trials.
The FDA granted breakthrough therapy designation to IO102-IO103 when used in combination with Merck’s (NYSE:MRK) anti-PD-1 therapy KEYTRUDA for the treatment of advanced melanoma based on positive Phase 1/2 first line metastatic melanoma data.
At the start of the year, IO Biotech completed enrollment in its Phase 2 trial of IO102-IO103 with KEYTRUDA as a treatment given before and after surgery for resectable melanoma or head and neck cancer.
On February 4, the company published results from a preclinical study of its second immune-modulatory therapeutic cancer vaccine candidate, IO112, targeting arginase 1, which plays a key role in immune suppression.
In mid-March, IO Biotech was named to Fast Company’s list of the World’s Most Innovative Companies of 2025. The following month, the company presented new preclinical data for its lead candidate IO102-IO103 as well as IO170, which targets Transforming Growth Factor beta.
In its Q1 2025 financial results and business highlights released on May 14, IO Biotech shared that a readout of primary endpoint data from its pivotal Phase 3 trial of its lead investigational therapeutic cancer vaccine in patients with advanced melanoma is expected in the third quarter of 2025.
Shares of IO Biotech reached a year-to-date high of US$2.40 on July 28.
Year-to-date gain: 110.95 percent
Market cap: US$124.12 million
Share price: US$2.22
Spero Therapeutics is developing novel treatments for rare diseases and multi-drug resistant bacterial infections with high unmet need. The company’s lead drug candidate is tebipenem pivoxil hydrobromide (HBr), a late-stage development asset developed in collaboration with pharma giant GSK (NYSE:GSK) to treat complicated urinary tract infections (cUTIs), including pyelonephritis.
Spero has an exclusive license agreement with GSK for the development and commercialization of the drug candidate in all ex-Asia markets. The FDA has granted tebipenem HBr qualified infectious disease product and fast track designations.
Shares in Spero traded below US$1.00 for much of the first half of 2025. However, the stock’s value surged 245 percent on May 28 to reach US$2.35 per share after Spero reported that its Phase 3 trial evaluating tebipenem HBr for treating cUTIs met its primary endpoint and stopped early for efficacy. GSK plans to include the findings in a filing to the FDA during H2.
Spero shares reached a year-to-date high of US$3.04 on July 9.
Securities Disclosure: I, Melissa Pistilli, hold no direct investment interest in any company mentioned in this article.
(TheNewswire)
TORONTO, ON, August 13, 2025 TheNewswire – Silver Crown Royalties Inc. ( Cboe: SCRI,OTC:SLCRF; OTCQX: SLCRF; FRA: QS0) ( ‘Silver Crown’ or the ‘Company’ ) is pleased to announce that, further to its press release dated August 7, 2025, it has closed the acquisition of a royalty on 90% of the cash equivalent of silver produced each quarter from the past producing Scotia Mine (the ‘Silver Royalty’ ) with EDM Resources Inc. ( TSX-V: EDM; FSE: P3Z) ( ‘EDM’ ). The Silver Royalty provides for minimum of the cash equivalent of 7,000 ounces per year for 10 years starting at commercial production on the Scotia Mine. SCRi paid $250,000 in cash at closing and issued 60,000 units (‘ Units ‘) to EDM per Unit at a deemed value of C$10.00, with each Unit consisting of a common share in the capital of SCRi (‘ Common Share ‘) and one warrant exercisable into an additional Common Share at a price of C$13.00 for a period of 36 months following the date hereof. SCRi must pay EDM an additional C$250,000 cash payment following the date hereof as deferred consideration for the Silver Royalty.
ABOUT EDM RESOURCES INC.
EDM Resources Inc. (‘EDM’) ( TSX-V: EDM; FSE: P3Z) is a Canadian exploration and mining company that has full ownership of the Scotia Mine and related facilities near Halifax, Nova Scotia. Through its wholly owned subsidiary, EDM also holds several prospective exploration licenses near its Scotia Mine and in the surrounding regions of Nova Scotia .
ABOUT Silver Crown Royalties INC.
Founded by seasoned industry professionals, Silver Crown Royalties ( Cboe: SCRI | OTCQX: SLCRF | FRA: QS0) is a publicly traded silver royalty company dedicated to generating free cash flow. Silver Crown (SCRi) currently holds five silver royalties. Its business model offers investors exposure to precious metals, providing a natural hedge against currency devaluation while mitigating the adverse effects of production-related cost inflation. SCRi strives to minimize the economic burden on mining projects while simultaneously maximizing shareholder returns. For further information, please contact:
Silver Crown Royalties Inc.
Peter Bures, Chairman and CEO
Telephone: (416) 481-1744
Email: pbures@silvercrownroyalties.com
FORWARD-LOOKING STATEMENTS
This release contains certain ‘forward looking statements’ and certain ‘forward-looking information’ as defined under applicable Canadian and U.S. securities laws. Forward-looking statements and information can generally be identified by the use of forward-looking terminology such as ‘may’, ‘will’, ‘should’, ‘expect’, ‘intend’, ‘estimate’, ‘anticipate’, ‘believe’, ‘continue’, ‘plans’ or similar terminology. The forward-looking information contained herein is provided for the purpose of assisting readers in understanding management’s current expectations and plans relating to the future. Readers are cautioned that such information may not be appropriate for other purposes. Forward-looking statements and information include, but are not limited to, SCRi must pay EDM an additional C$250,000 cash payment following the date hereof as deferred consideration for the Silver Royalty . Forward-looking statements and information are based on forecasts of future results, estimates of amounts not yet determinable and assumptions that, while believed by management to be reasonable, are inherently subject to significant business, economic and competitive uncertainties and contingencies. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual actions, events or results to be materially different from those expressed or implied by such forward-looking information, including but not limited to: the impact of general business and economic conditions; the absence of control over mining operations from which SCRi will purchase gold and other metals or from which it will receive royalty payments and risks related to those mining operations, including risks related to international operations, government and environmental regulation, delays in mine construction and operations, actual results of mining and current exploration activities, conclusions of economic evaluations and changes in project parameters as plans continue to be refined; accidents, equipment breakdowns, title matters, labor disputes or other unanticipated difficulties or interruptions in operations; SCRi’s ability to enter into definitive agreements and close proposed royalty transactions; the inherent uncertainties related to the valuations ascribed by SCRi to its royalty interests; problems inherent to the marketability of gold and other metals; the inherent uncertainty of production and cost estimates and the potential for unexpected costs and expenses; industry conditions, including fluctuations in the price of the primary commodities mined at such operations, fluctuations in foreign exchange rates and fluctuations in interest rates; government entities interpreting existing tax legislation or enacting new tax legislation in a way which adversely affects SCRi; stock market volatility; regulatory restrictions; liability, competition, the potential impact of epidemics, pandemics or other public health crises on SCRi’s business, operations and financial condition, loss of key employees. SCRi has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers are advised not to place undue reliance on forward-looking statements or information. SCRi undertakes no obligation to update forward-looking information except as required by applicable law. Such forward-looking information represents management’s best judgment based on information currently available.
This document does not constitute an offer to sell, or a solicitation of an offer to buy, securities of the Company in Canada, the United States or any other jurisdiction. Any such offer to sell or solicitation of an offer to buy the securities described herein will be made only pursuant to subscription documentation between the Company and prospective purchasers. Any such offering will be made in reliance upon exemptions from the prospectus and registration requirements under applicable securities laws, pursuant to a subscription agreement to be entered into by the Company and prospective investors. 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.
CBOE CANADA DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEWS RELEASE.
Copyright (c) 2025 TheNewswire – All rights reserved.
News Provided by TheNewsWire via QuoteMedia
Osisko Metals Incorporated (the ‘ Company or ‘ Osisko Metals ‘) ( TSX-V: OM ; OTCQX: OMZNF ; FRANKFURT: 0B51 ) is pleased to announce new drill results from the Gaspé Copper Project, located in the Gaspé Peninsula of Eastern Québec.
Osisko Metals Chief Executive Officer Robert Wares commented: ‘ Drill results at Gaspé Copper continue to exceed expectations. These new data expand the deposit further south and at depth with drill holes 30-1092 and 30-872, located respectively 230 metres and 440 metres south of the 2024 Mineral Resource Estimate (‘MRE’) model. Additional holes are planned in this resource expansion target area in the coming months over a surface of 450 metres by 550 metres, which we believe will add significant new tonnage to the MRE update, planned for Q1 2026. ‘
New analytical results are presented below (see Table 1), including 20 mineralized intercepts from 7 new drill holes. Infill intercepts are located inside the 2024 MRE model ( see November 14, 2024 news release ), and are focused on upgrading inferred mineral resources to measured or indicated categories, as applicable. Expansion intercepts are located outside the 2024 MRE model and may potentially lead to additional resources that will be classified appropriately within the next MRE update. Some of the reported intercepts have contiguous shallower infill as well as deeper expansion (noted on Table 1 below as ‘Both**’). Maps showing hole locations are available at www.osiskometals.com .
Highlights:
Table 1: Infill and Expansion Drilling Results
| DDH No. | From (m) | To (m) | Length (m) | Cu % | Ag g/t | Mo % | CuEq* | Type** |
| 30-0872 | 167.6 | 259.7 | 92.1 | 0.24 | 3.05 | 0.25 | Expansion | |
| And | 342.0 | 389.2 | 47.2 | 1.14 | 11.84 | 1.22 | Expansion | |
| 30-1085 | 3.0 | 222.0 | 219.0 | 0.41 | 2.79 | 0.44 | Infill | |
| And | 355.5 | 1110 | 754.5 | 0.24 | 1.63 | 0.019 | 0.32 | Both |
| (including) | 355.5 | 763.3 | 407.8 | 0.21 | 1.49 | 0.020 | 0.30 | Infill |
| (including) | 763.3 | 1110.0 | 346.7 | 0.27 | 1.79 | 0.019 | 0.36 | Expansion |
| 30-1092 | 15.0 | 346.5 | 331.5 | 0.37 | 3.21 | 0.39 | Expansion | |
| 30-1095 | 15.0 | 43.0 | 28.0 | 0.22 | 1.75 | 0.23 | Infill | |
| And | 57.0 | 366.5 | 309.5 | 0.26 | 2.11 | 0.007 | 0.30 | Infill |
| And | 425.9 | 482.0 | 56.1 | 0.23 | 1.70 | 0.24 | Expansion | |
| And | 524.7 | 550.5 | 21.9 | 0.42 | 2.04 | 0.43 | Expansion | |
| 30-1096 | 27.0 | 78.0 | 51.0 | 0.21 | 1.40 | 0.22 | Infill | |
| And | 129.0 | 177.0 | 48.0 | 0.17 | 1.20 | 0.18 | Infill | |
| And | 331.5 | 1062.2 | 730.7 | 0.29 | 1.60 | 0.032 | 0.42 | Both |
| (including) | 331.5 | 727.5 | 396.0 | 0.21 | 1.45 | 0.032 | 0.34 | Infill |
| (including) | 727.5 | 1062.2 | 334.7 | 0.39 | 1.79 | 0.032 | 0.52 | Expansion |
| 30-1098 | 36.0 | 141.0 | 104.5 | 0.20 | 2.25 | 0.21 | Infill | |
| And | 255.0 | 288.0 | 33.0 | 0.21 | 1.18 | 0.22 | Infill | |
| And | 330.0 | 445.5 | 115.0 | 0.29 | 2.18 | 0.017 | 0.36 | Infill |
| And | 606.0 | 730.5 | 124.5 | 0.20 | 1.57 | 0.014 | 0.26 | Expansion |
| And | 753.0 | 813.0 | 60.0 | 0.35 | 2.88 | 0.006 | 0.39 | Expansion |
| 30-1099 | 31.5 | 66.0 | 34.5 | 0.22 | 1.08 | 0.23 | Infill | |
| And | 105.3 | 720.0 | 614.7 | 0.23 | 1.59 | 0.016 | 0.30 | Both |
| (including) | 105.3 | 578.0 | 472.7 | 0.23 | 1.61 | 0.017 | 0.30 | Infill |
| (including) | 578.0 | 720.0 | 142.0 | 0.23 | 1.52 | 0.015 | 0.30 | Expansion |
| And | 862.2 | 1000.5 | 138.0 | 0.13 | 1.01 | 0.028 | 0.24 | Expansion |
* See explanatory notes below on copper equivalent values and Quality Assurance / Quality Control.
** ‘Both’ indicates drill holes that have contiguous shallower infill as well as deeper expansion intercepts.
Discussion
Drill hole 30-0872 was an old Noranda hole from the 1990s from which core was recovered and analyzed. The hole is located 440 metres south of the southern limit of 2024 MRE model and returned 92.1 metres averaging 0.24% Cu and 3.05 g/t Ag followed by a higher grade second intercept of 47.2 metres averaging 1.14% Cu and 11.8 g/t Ag (at the level of the C Zone skarn horizon), extending mineralization to a vertical depth of 390 metres. The first intercept starts at a depth of 168 metres and the overlying stratigraphy (Indian Cove hornfels) is unmineralized, but this waste material may be included as necessary strip in the next Whittle pit shell.
Drill hole 30-1085, located on top of Copper Mountain near the central part of the 2024 MRE model, intersected 219.0 metres averaging 0.41% Cu and 2.79 g/t Ag (infill), followed by a second intercept (starting 130 metres deeper) of 754.5 metres averaging 0.24% Cu, 1.63 g/t Ag and 0.019% Mo (both infill and expansion at depth).This hole extends mineralization near the centre of the deposit to a vertical depth of 1110 metres.
Drill hole 30-1092 is located 230 metres south of the southern limit of 2024 MRE model and returned 331.5 metres averaging 0.37% Cu and 3.21 g/t Ag (from surface down to the P4 stratigraphic level below the C Zone). This hole is located approximately 15 metres west of previously-reported hole 30-1067, which had failed to drill through a pillar of the B Zone.
Drill hole 30-1095, located in the south-central part of the 2024 MRE model, intersected 309.5 metres averaging 0.26% Cu and 2.11 g/t Ag (infill). This was followed by 56.1 metres averaging 0.23% Cu and 1.70 g/t Ag and then by another 21.9 metres averaging 0.42% Cu and 2.04 g/t Ag (both expansion), extending mineralization to a vertical depth of 550 metres.
Drill hole 30-1096, located in the central part of the 2024 MRE model, intersected two short (51 and 48 metre-long) mineralized zones, followed by 730.7 metres averaging 0.29% Cu, 1.60 g/t Ag, and 0.032% Mo (0.42% CuEq). The latter includes an expansion lower intercept, below the base of the 2024 MRE model, of 334.7 metres averaging 0.39% Cu, 1.79 g/t Ag, and 0.032% Mo (0.52% CuEq). This hole extends mineralization to a vertical depth of 1062 metres.
Drill hole 30-1098, located near the western margin of the 2024 MRE model, intersected 104.5 metres averaging 0.20% Cu and 2.25 g/t Ag (infill), followed by 115.0 metres averaging 0.29% Cu and 2.18 g/t Ag (infill). This was followed by 124.0 metres averaging 0.20% Cu and 1.57 g/t Ag and then by another 60.0 metres averaging 0.35% Cu and 2.88 g/t Ag (both expansion), extending mineralization to a vertical depth of 813 metres.
Drill hole 30-1099, located near the central part of the 2024 MRE model, adjacent to the Copper Mountain pit, intersected a short (34-metre-long) mineralized zone followed by 614.7 metres averaging 0.23% Cu, 1.59 g/t Ag, and 0.016% Mo (both infill and expansion), followed by a third intersection of 138 metres that averaged 0.13% Cu, 1.01 g/t Ag, and 0.028% Mo (expansion), extending mineralization in the porphyry core of the deposit to a vertical depth of 1000 metres.
Mineralization at Gaspé Copper is of porphyry copper/skarn type and occurs as disseminations and stockworks of chalcopyrite with pyrite or pyrrhotite and minor bornite and molybdenite. At least five retrograde vein/stockwork mineralizing events have been recognized at Copper Mountain, which overprint earlier prograde skarn and porcellanite-hosted mineralization throughout the Gaspé Copper system. Porcellanite is a historical mining term used to describe bleached, pale green to white potassic-altered hornfels. Subvertical stockwork mineralization dominates at Copper Mountain whereas prograde bedding-replacement mineralization, that is mostly stratigraphically controlled, dominates in the area of Needle Mountain, Needle East, and Copper Brook. High molybdenum grades (up to 0.5% Mo) were locally obtained in both the C Zone and E Zone skarns away from Copper Mountain.
The 2022 to 2024 Osisko Metals drill programs were focused on defining open-pit resources within the Copper Mountain stockwork mineralization ( see May 6, 2024 MRE press release ). Extending the resource model south of Copper Mountain into the poorly-drilled prograde skarn/porcellanite portion of the system subsequently led to a significantly increased resource, mostly in the Inferred category ( see November 14, 2024 MRE press release ).
The current drill program is designed to convert 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. 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 Q1 2026.
All holes are being drilled sub-vertically into the altered calcareous stratigraphy which dips 20 to 25 degrees to the north. The L1 (C Zone) the L2 (E Zone) skarn/marble horizons were intersected in most holes, as well as intervening porcellanites that host the bulk of the disseminated copper mineralization.
Table 2: Drill hole locations
| DDH No. | Azimuth (°) | Dip (°) | Length (m) | UTM E | UTM N | Elevation |
| 30-0872 | 0.00 | -90.00 | 594.3 | 316531.1 | 5425181.2 | 706.3 |
| 30-1085 | 0.00 | -90.00 | 1110.0 | 316020.0 | 5426400.0 | 742.5 |
| 30-1092 | 0.00 | -90.00 | 741.0 | 316342.0 | 5425425.0 | 609.0 |
| 30-1095 | 0.00 | -90.00 | 696.0 | 316409.1 | 5425733.0 | 572.8 |
| 30-1096 | 0.00 | -90.00 | 1069.0 | 316198.0 | 5426305.0 | 753.3 |
| 30-1098 | 0.00 | -90.00 | 861.0 | 316034.0 | 5425948.0 | 600.5 |
| 30-1099 | 0.00 | -90.00 | 1041.0 | 315700.0 | 5426462.0 | 603.7 |
Explanatory note regarding copper-equivalent grades
Copper Equivalent grades are expressed for purposes of simplicity and are calculated taking into account: 1) metal grades; 2) estimated long-term prices of metals: US$4.25/lb copper, $20.00/lb molybdenum and US$24/oz silver; 3) estimated recoveries of 92%, 70% and 70% for Cu, Mo and Ag respectively; and 4) net smelter return value of metals as percentage of the price, estimated at 86.5%, 90.7% and 75.0% for Cu, Mo and Ag respectively.
Qualified Person
The scientific and technical content of this news release has been reviewed and approved by Mr. Bernard-Olivier Martel, P. Geo. (OGQ 492), an independent ‘qualified person’ as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects (‘NI 43-101’).
Quality Assurance / Quality Control
Mineralized intervals reported herein are calculated using an average 0.12% CuEq 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 not reported unless indicating significantly higher grades . True widths are estimated at 90 – 92% of the reported core length intervals.
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 Cu, Mo and Ag.
Option Grant
The Company announces that, effective August 12, 2025, it has granted to an employee of the Company an aggregate of 125,000 stock options (‘Options’) pursuant to the Osisko Metals omnibus equity incentive plan.
The Options have an exercise price of $0.44 per share and a five-year term from the date of grant, and vest annually in equal thirds beginning on the first anniversary of the date of grant.
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, NWT, 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
Phone: (416) 500-4129
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.
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Since 1947, the Little League World Series has been one of the most beloved summer traditions in America. The opportunity to see the best 12U baseball teams from around the world compete for a championship presents baseball in its truest form.
The children provide an appreciation for the sport that can sometimes be lost in professional settings. Every moment is exciting. Every hit is enormous. Every run is exhilarating. Every strikeout is monumental. That emotion has captivated audiences for decades, making big moments all the more compelling.
Whether it is a walk-off home run, a huge defensive play, or a group of kids achieving their ultimate goal, the Little League World Series has created some incredible moments over the years. Here are our picks for the five most iconic moments in LLWS history.
The highest possible OPS a player can have is 5.000. That mark would mean that a player hit a home run every single time they came up to the plate. Such a feat is impossible, right? RIGHT?!
Nope. Lloyd McClendon put on a ‘Legendary’ performance at the 1971 Little League World Series, going 5-for-5 with, you guessed it, five home runs. His team would wind up losing in the championship game to Chinese Taipei.
How did Taipei do it? Simple. They didn’t let McClendon bat. They walked him every time he came to the plate after he hit a home run against them in the first inning. McClendon’s team would not score another run for the rest of the game.
Mo’ne Davis’s legend is well-known. She wasn’t the first girl to compete in the Little League World Series, but she was arguably the most dominant, corralling a complete game shutout win during her team’s first game of the tournament. To this day, that remains the only time a female player has earned a win on the mound at the Little League World Series, and it was a shutout.
Davis did not do as well in her next pitching performance, but her mark on the tournament had already been left. Despite her team failing to reach the U.S. Championship, many fans still know her name and were excited to see her return to Williamsport in 2021 as an analyst.
What’s better than leading the LLWS tournament in both home runs and RBIs? How about winning the tournament with a walk-off home run?
Lappe did absolutely everything for his California squad during the 2023 tournament, especially in the role of hero. It couldn’t have been more dramatic. California was leading Curacao in the championship game, 5-1 after four innings. In the fifth, Curacao hit a grand slam to tie the game. Lo and behold, Lappe led off the sixth inning.
Fans leaned forward in their seats. Everyone was dead quiet when the announcer uttered a jinx for the ages, noting that Curacao had not surrendered a home run for the entirety of the Little League World Series. On cue, Lappe sent everyone home with a moonshot to left field.
The Japan-U.S. rivalry is well-known in Little League Baseball. Since 1998, the U.S. and Japan have combined for more than 20 titles. The rest of the world has just three.
In 2007, that rivalry came to a head as Georgia looked for their second consecutive LLWS title, and second consecutive championship game win over Japan. Despite strong pitching performances from both sides, Georgia’s Dalton Carriker was able to take an eighth-inning pitch deep to walk off the game and the tournament.
Although Burroughs’ and his California team’s loss in the 1992 championship was eventually flipped on its head once it was known that the team from the Philippines that won had violated age and residency rules, Burroughs returned for the 1993 Little League World Series looking to avenge the defeat. He was on a mission, and no one was going to stop him.
Burroughs would go on to throw no-hitters in both his team’s pool play opener against Ohio on August 23 and in the U.S. Championship game on August 26. He did not pitch in the LLWS title game, but his team came through nonetheless. Burroughs would go on to play in the majors between 2002 and 2012.
This year’s tournament begins Wednesday, August 13 and runs until Sunday, August 24. Games can be viewed on ESPN, ESPN2, and ABC, or streamed with ESPN+.
Stream the 2025 Little League World Series with an ESPN+ subscription
Pete Alonso now stands alone in New York Mets history.
The ‘Polar Bear’ launched his 253rd career home run on Tuesday night to break the tie he was in with Darryl Strawberry for most homers in Mets history. Alonso, the 30-year-old first baseman in his seventh season, accomplished the feat in his 965th game with the Mets. Strawberry played 1,109 games with the Mets over eight seasons.
Alonso’s record-breaking blast came off the Atlanta Braves’ Spencer Strider in the bottom of the third inning Tuesday night, Aug. 12. The homer gave the Mets, who currently hold the last wild-card spot in the National League, a 5-1 lead.
For good measure, Alonso added a second homer in the bottom of the sixth inning. Per MLB’s Sarah Langs, Tuesday marked Alonso’s 25th multi-home run game — also a Mets record.
The Mets went on to win 13-5. Alonso went 3-for-5, with three runs and three RBIs.
Asterisk denotes players are currently on Mets
(This story has been updated with new information.)
The Kansas City Chiefs tight end declared this in a new GQ cover story released Tuesday ahead of the start to the 2025 NFL season. Swift, of course, has frequently been spotted at Kelce’s games, particularly at Arrowhead Stadium, since the two stars began dating two years ago.
And it appears she’s successfully been learning the intricacies of the sport thanks to her boyfriend.
‘I sort of made her a football fan,’ Kelce said in the interview. ‘She is the most engulfed fan now. She knows what the injury reports look like. She understands what special situations are, third and short – all these things because she just naturally loves to hear about my job.’
Kelce spoke on a number of topics with GQ, but the latest comments on his relationship with Swift drew crossover attention. The two have been a pop culture fascination the past two seasons, with Swift’s appearances at Chiefs games to watch Kelce and Kelce’s appearances at Swift’s concerts chronicled worldwide.
Swift grew up in West Reading, Pennsylvania as a Philadelphia Eagles fan, and her song ‘Gold Rush’ even includes a lyric alluding to her fandom. But those days are over. Kelce expressed satisfaction with their dynamic when supporting one another, and the reality that her celebrity overshadows his.
‘I get to be the plus-one,’ Kelce said. ‘I get to go and be that fan. Because I am a fan. I’m a fan of music. I’m a fan of art. And it’s so cool that I get to experience her being that plus-one for me on the football field. … I feel that same enjoyment every time she comes to my shows.’
Kelce did not talk about retirement from football in specific terms, but reiterated he’s interested in remaining involved with the game once his career is over while also exploring a potential move into acting or entertainment. He recently had a cameo role in ‘Happy Gilmore 2’ and served as the host of ‘Are You Smarter Than a Celebrity’ on Amazon Prime. He also co-hosts the popular ‘New Heights’ podcast with his brother, former Philadelphia Eagles center and current ESPN NFL analyst Jason Kelce, which is reportedly worth $100 million after being licensed by Wonderly last year.
Swift announced her new album, ‘The Life of a Showgirl,’ during a clip released on social media ahead of an upcoming appearance on ‘New Heights’ on Wednesday night. It means Kelce has officially gone from coaching Swift up on football to collaborating with her on PR rollouts.
For football’s most famous couple, it’s yet another sign of a healthy relationship.
‘When you see me hanging out at the US Open with Taylor, it may look like the two of us are partying,’ Kelce told GQ. ‘But I’m just enjoying the fun of being at this really cool event that I always wanted to go to with the person that I love.’
In a teaser social media video, Taylor Swift appeared with Travis Kelce on his podcast, ‘New Heights,’ which he co-hosts with his brother, Jason Kelce. During the episode, she revealed a mint green briefcase featuring her initials and announced that it contained her new album. On Swift’s official website, there is a countdown leading to 12:12 a.m. ET, where fans can preorder ‘The Life of a Showgirl’ on vinyl, cassette, or CD, complete with a poster.
No additional information has been disclosed yet, including the album cover image. Fans will have to wait until the ‘New Heights’ podcast releases on Wednesday, Aug. 13, at 7 p.m. ET for more details.
North Carolina football made quite the splash with the hiring of Bill Belichick in December 2024, giving the six-time Super Bowl winner his first college football head coaching opportunity, past the age of 70.
Now, with a little less than three weeks before the start of the Tar Heels’ season, it remains to be seen what to expect from the Belichick-led Tar Heels this year.
One person, however, at least has an idea of what UNC football players can expect from the first-year college football coach. Tom Brady, Belichick’s quarterback from 2000-19 with the New England Patriots, believes the Tar Heels can expect to be run like an NFL-style program.
‘What they are going to get is obviously the most prepared, the most hardworking coach that I’d ever been around,’ said Brady, appearing on Fox college football analyst Joel Klatt’s podcast on Monday, Aug. 11. ‘If you go to that school, you will be prepared to play at the next level. He’s going to teach you the right fundamentals and the right techniques. He’s going to have a high expectation for you and you are going to grow.’
It’s well documented how Brady, now an NFL broadcaster for Fox and limited partner of the Las Vegas Raiders, developed from a sixth-round pick into one of the greatest NFL players ever under Belichick during their 20 seasons together in New England.
The seven-time Super Bowl champion (he won one more with the Tampa Bay Buccaneers in 2020) also shared some of his thoughts on what challenges his former coach could experience in the college ranks.
‘I think the challenge for him is he’s dealing with a lot of underdeveloped players because he’s dealt with guys that are four, five, six years further along than what he’s normally had to deal with,’ Brady said. ‘So I think there’s probably a learning curve for him. …’
Brady also mentioned the amount of time Belichick will have with his players between games to go through film and work on their skills, considering they have to balance their workload as student-athletes.
‘What makes Coach Belichick so unbelievable, tactically, (is how) he can break down an opponent. He watches so much film. He’s so smart in how he approaches defensive schemes and offensive schemes,’ Brady said. ‘How much can these young kids retain (that)?
‘That may be an interesting challenge, as well, because in some ways they’re not professionals. They don’t have as much time as we had as professional athletes to go in there and study film and practice and meet. They don’t have that amount of time at the college level.’
Here’s a look at Brady’s appearance on Klatt’s podcast:
The ACC preseason poll picked UNC to finish eighth among the 17 ACC teams under Belichick this season. Moreover, the Tar Heels were neither ranked nor received votes in either of the US LBM Coaches Poll or AP Top 25’s preseason rankings.
UNC is set to open the Belichick era on Monday, Sept. 1 at 8 p.m. ET against TCU at Kenan Stadium in Chapel Hill, North Carolina.
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The past Venmo transactions suggesting that Oklahoma quarterback John Mateer had gambled on college football games were instead “inside jokes between me and my friends,” Mateer said on social media Tuesday, Aug. 12.
Earlier on Tuesday, multiple reports cited screengrabs in linking Mateer to three-year-old reimbursements on Venmo that contained descriptions labeled “sports gambling.” One screengrab included a note that the Venmo payment was related to a matchup between Southern California and UCLA.
“The allegations that I once participated in sports gambling are false,” Mateer said in a statement posted on X.
“My previous Venmo descriptions did not accurately portray the transactions in questions but were instead inside jokes between me and my friends. I have never bet on sports. I understand the seriousness of the matter, but recognize that, taken out of context, those Venmo descriptions suggest otherwise.
“I can assure my teammates, coaches and officials at the NCAA that I have not engaged in sports gambling.”
Oklahoma also released a statement regarding the matter:
‘OU takes any allegations of gambling seriously and works closely with the NCAA in any situations of concern. OU athletics is unaware of any NCAA investigation and has no reason to believe there is one pending.’
The NCAA has had a longstanding ban against student-athletes gambling on sports. According to the governing body, students, coaches and other staff members “are not allowed to bet or provide any useful information that can influence a bet in any sport the NCAA sponsors at any level.”
That ban could soften somewhat with a proposal this June by the Division I Council that would allow for gambling on professional sports. If adopted, NCAA enforcement efforts would focus “on college sports betting and behaviors that directly impact game integrity.”
At the time of these transactions in 2022, Mateer was a true freshman at Washington State who played in one game and compiled 80 yards of total offense and one touchdown. After spending the 2023 season in backup role, Mateer was a breakout star last year, finishing with roughly 4,000 yards of offense and 44 combined touchdowns.
He joined Oklahoma this past offseason along with former Washington State offensive coordinator Ben Arbuckle, who was hired for the same position.
On the heels of a disappointing 6-7 finish in the program’s SEC debut, Mateer’s arrival is one reason why the Sooners are expected to rebound and contend for an at-large College Football Playoff berth. Oklahoma opens the year just outside the US LBM Coaches Poll as the first team among those also receiving votes.
Generative artificial intelligence (AI) has helped a group of scientists identify five new materials that could power the next wave of batteries without relying on lithium.
The study, published on June 26 in Cell Reports Physical Science, focuses on materials that could enable multivalent-ion batteries — a technology long touted for its potential, but hindered by practical challenges.
Lithium dominates in batteries used in everything from smartphones to electric vehicles, but faces challenges — it is costly to extract, geographically concentrated and comes with environmental and geopolitical concerns.
As global demand for batteries surges, researchers are racing to find viable alternatives that are both abundant and efficient. Multivalent-ion batteries offer one potential path forward. Unlike lithium-ion batteries, which carry a single positive charge, multivalent-ion batteries using materials like magnesium or zinc carry two or three.
In theory, this means that they can pack more energy into the same space. However, their larger size and stronger charge make it difficult for them to move through standard battery materials.
“One of the biggest hurdles wasn’t a lack of promising battery chemistries — it was the sheer impossibility of testing millions of material combinations,” said lead author Dibakar Datta, a professor of mechanical and industrial engineering at the New Jersey Institute of Technology. “We turned to generative AI as a fast, systematic way to sift through that vast landscape and spot the few structures that could truly make multivalent batteries practical.”
To tackle the challenge, Datta’s team developed a “dual AI” system. The first part, a crystal diffusion variational autoencoder (CDVAE), was trained on vast datasets of known crystal structures. It could generate entirely new porous transition metal oxides, a class of material known for its structural flexibility and ionic conductivity.
The second part was a fine-tuned large language model (LLM) designed to narrow the list.
It focused on materials closest to thermodynamic stability, a critical factor in determining whether a compound can realistically be made and used in the real world.
The CDVAE cast a wide net, creating thousands of hypothetical structures with large, open channels. The LLM then acted as a filter, selecting only those most likely to hold up under actual manufacturing and operational conditions.
“Our AI tools dramatically accelerated the discovery process, which uncovered five entirely new porous transition metal oxide structures that show remarkable promise,” Datta said.
These structures, the study suggests, offer unusually large pathways for ion movement, a crucial step toward making multivalent batteries that charge quickly and last for long periods of time. Quantum mechanical simulations and stability tests confirmed that the materials should be both synthetically feasible and structurally sound.
The five compounds now move to the next stage — experimental synthesis in collaboration with partner laboratories. If successful, they could be incorporated into prototype batteries and eventually scaled for commercial production.
Traditional materials research is often a painstaking, years-long process of hypothesis, synthesis and testing.
By contrast, AI can rapidly explore enormous “material spaces” that would be impossible for humans to search manually, flagging only the most promising candidates for further investigation.
Multivalent-ion batteries have been studied for decades, yet few have reached commercial readiness because the necessary materials either didn’t conduct ions well enough or degraded too quickly.
By using AI to overcome that bottleneck, the research team hopes to accelerate not just battery chemistry, but also the infrastructure needed to support electrification on a global scale.
However, the five materials identified by Datta’s team aren’t ready to replace lithium tomorrow. They still need to be synthesized, tested in lab-scale batteries and proven to perform under real-world conditions.
Safety, scalability and cost effectiveness all remain open questions.
Still, the study’s authors argue that their AI framework has already proven its value by shrinking what could have been a decades-long search into a matter of months.
“This is more than just discovering new battery materials — it’s about establishing a rapid, scalable method to explore any advanced materials, from electronics to clean energy solutions, without extensive trial and error,” Datta added.
Securities Disclosure: I, Giann Liguid, hold no direct investment interest in any company mentioned in this article.