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Summit Royalties Announces Agreement to Acquire Royalty on Newmont’s Saddle North Deposit

Investing 8 Mins Read

Summit Royalties Ltd. (TSXV: SUM,OTC:SUMMF, OTCQB: SUMMF) (the ‘Corporation’ or ‘Summit’) is pleased to announce that it has entered into an agreement to acquire a 1.0% net smelter return (‘NSR’) royalty on the Saddle North deposit (‘Saddle North’) owned by Newmont Corporation (‘Newmont’) for consideration of C$5 million paid in shares of Summit (‘Common Shares’). The acquisition is subject to conditions precedent which are customary for a transaction of this nature. Subject to satisfaction of conditions precedents, Summit expects to complete the acquisition in the near future.

‘We are excited to announce this proposed acquisition of a large, high-quality royalty on Newmont’s Saddle North project,’ commented Drew Clark, President and CEO of Summit. ‘The acquisition of the Saddle North royalty is highly accretive on a net asset value per share basis and provides exposure to a large gold-copper deposit under the stewardship of the world’s largest gold producer. Having royalty coverage on a porphyry target that boasts nearly 9 Moz of gold and 4.8 Blbs of copper supports our mandate of providing Summit shareholders with high-quality precious metals exposure, and we are excited to have Newmont as the operator of the underlying asset as we continue to build our company on an accretive per-share basis.’

Transaction Key Terms

  • Royalty Interest: 1% NSR royalty on the Saddle North deposit
  • Owner/Operator: Saddle North is owned by Newmont Corporation
  • Consideration: C$5 million, to be paid in 2,832,861 Common Shares at a deemed price of $1.765 per Common Share, being the 20-day weighted average price of the Common Shares as of the date of the royalty purchase agreement for the NSR
  • Buyback Option: Newmont may repurchase 50% of the NSR royalty for C$750,000 at any time during the five-year period commencing on the date Saddle North is put into commercial production
  • Mineral Resource: The Saddle North Technical Report (as defined herein) reported indicated resources containing approximately 3.47 Moz Au and 1.81 Blbs Cu and inferred resources containing approximately 5.46 Moz Au and 2.98 Blbs Cu(1)

Saddle North is a gold-rich copper porphyry deposit located in the Golden Triangle in northwest British Columbia, Canada. Newmont acquired Saddle North in 2021, prior to which Saddle North was owned by GT Gold Corp., which published a maiden mineral resource estimate for the project in 2020 (see Saddle North Technical Report (as defined herein)). The maiden mineral resource estimate in the Saddle North Technical Report includes 1.81 Blbs of copper and 3.47 Moz of gold contained in indicated mineral resource category, and 2.98 Blbs of copper and 5.46 Moz of gold contained in the inferred mineral resource category. Mineralization at Saddle North remains open at depth and to the northwest and southeast, while additional upside potential exists from near-mine exploration success.(1)

Saddle North is located in a top-tier mining jurisdiction in the Golden Triangle, with strong access to existing infrastructure, power, and a capable workforce.(1) Saddle North is situated near the Red Chris mine, which is currently operated by Newmont.

Saddle North Resources(1)

      Grade
 		    Contained
    Tonnes Cu Au Ag Cu Au Ag
  Category (Mt) (%)
 		(g/t) (g/t) (Mlbs) (Koz) (Koz)
O/P Indicated 217 0.25% 0.29 0.65 1,177 2,014 4,550
Inferred 254 0.22% 0.24 0.53 1,232 1,956 4,350
Total 471 0.23% 0.26 0.59 2,409 3,970 8,900
U/G Indicated 81 0.35% 0.56 1.16 635 1,457 3,030
Inferred 289 0.27% 0.38 0.78 1,750 3,499 7,290
Total 370 0.29% 0.42 0.87 2,385 4,956 10,320
Total Indicated 298 0.28% 0.36 0.79 1,809 3,471 7,580
Inferred 543 0.25% 0.31 0.67 2,982 5,455 11,640
Total 841 0.26% 0.33 0.71 4,791 8,926 19,220


Notes:

(1) Scientific and technical information regarding Saddle North in this news release has been derived from, and is supported by, the technical report titled ‘NI 43-101 Technical Report on the Saddle North Copper-Gold Project, Tatogga Property’ dated August 20, 2020 (with an effective date of July 6, 2020), which was prepared for GT Gold Corp. by Richard Flynn, P.Geo, Next Mine Consulting (the ‘Saddle North Technical Report’). Readers are encouraged to review the full text of the Saddle North Technical Report for the assumptions, qualifications and limitations contained therein, which is available on SEDAR+ (www.sedarplus.ca) under GT Gold Corp.’s issuer profile.
   

About Summit Royalties Ltd.

Summit Royalties Ltd. is a precious metals royalty and streaming company. Its current portfolio is anchored by cash-flowing production with additional royalties on advanced development- and exploration-stage properties. Summit’s mandate is to build its portfolio on a disciplined, per-share accretive basis through royalty and streaming acquisitions that deliver high-quality precious metals exposure and long-term cash flow growth. The Corporation has no debt and has sufficient cash on hand for future acquisitions. The Corporation’s registered office is located at One First Canadian Place, Suite 3400, Toronto, ON, M5X 1A4.

ON BEHALF OF THE BOARD OF DIRECTORS OF Summit Royalties Ltd.

Drew Clark
President and Chief Executive Officer
Summit Royalties Ltd.

For more information, contact:

Connor Pugliese, Vice President, Corporate Development
info@summit-royalties.com
+1 (289) 380-1960

Follow Summit Royalties:

Linkedin: https://www.linkedin.com/company/Summit-Royalties
X: https://x.com/SummitRoyalties

Technical and Third-Party Information

Information regarding Saddle North in this news release is based on information publicly disclosed by the current or former owners or operators of Saddle North and information available in the public domain as at the date hereof. Such information has not been independently verified by the Corporation. Although the Corporation does not have any knowledge that such information may not be accurate, there can be no assurance that such third-party information is complete or accurate.

Qualified Person

Scientific and technical information contained in this news release has been reviewed and approved by Richard Breger, who is independent of the Corporation and a ‘qualified person’ within the meaning of NI 43-101 – Standards of Disclosure for Mineral Projects.

Forward-looking Statements

Certain statements contained in this news release may be deemed ‘forward‐looking statements’ within the meaning of applicable Canadian securities laws. These forward‐looking statements, by their nature, require the Corporation to make certain assumptions and necessarily involve known and unknown risks and uncertainties that could cause actual results to differ materially from those expressed or implied in these forward‐looking statements. Forward‐looking statements are not guarantees of performance. Words such as ‘may’, ‘will’, ‘would’, ‘could’, ‘expect’, ‘believe’, ‘plan’, ‘anticipate’, ‘intend’, ‘estimate’, ‘continue’, or the negative or comparable terminology, as well as terms usually used in the future and the conditional, are intended to identify forward‐looking statements. Information contained in forward‐looking statements, including with respect to, the completion of acquisition of the NSR royalty on timing anticipated (or at all); the ability of Summit and the vendors to satisfy the conditions precedent to the acquisition (if at all); the repurchase of Summit’s NSR royalty by Newmont and the corresponding payment and reduction of the NSR royalty; the impact of acquiring the NSR royalty on Saddle North on Summit’s portfolio of precious metals royalties and stream; the commercial production of Saddle North; the mineral resource estimates for Saddle North; the Corporation’s ability to build its portfolio on a disciplined, per-share accretive basis through royalty and streaming acquisitions that deliver high-quality precious metals exposure and long-term cash flow growth; and the Corporation having sufficient cash on hand for future acquisitions, are based upon certain material assumptions that were applied in drawing a conclusion or making a forecast or projection, including management’s perceptions of historical trends, current conditions and expected future developments, current information available to the management of the Corporation, as well as other considerations that are believed to be appropriate in the circumstances. The Corporation considers its assumptions to be reasonable based on information currently available, but cautions the reader that its assumptions regarding future events, many of which are beyond the control of the Corporation, may ultimately prove to be incorrect since they are subject to risks and uncertainties that affect the Corporation and its businesses.

For additional information with respect to these and other factors and assumptions underlying the forward‐looking statements made in this news release concerning the Corporation, see the section entitled ‘Risks and Uncertainties’ in the most recent management discussion and analysis of Summit which is filed with the Canadian securities commissions and available electronically under the Corporation’s issuer profile on SEDAR+ (www.sedarplus.ca). In addition, in respect of the scientific and technical information derived from the Saddle North Technical Report, such information is subject to the parameters, assumptions and qualifications as outlined in the Saddle North Technical Report. The forward‐ looking statements set forth herein concerning the Corporation reflect management’s expectations as at the date of this news release and are subject to change after such date. The Corporation disclaims any intention or obligation to update or revise any forward‐looking statements, whether as a result of new information, future events or otherwise, other than as required by law.

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 news release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.

News Provided by GlobeNewswire via QuoteMedia

This post appeared first on investingnews.com

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Are the Golden State Warriors still playoff contenders?

Sport 3 Mins Read

The Golden State Warriors were holding on to the eighth seed in the NBA Western Conference standings, but then guard Stephen Curry went down with a right knee injury that has kept him out 15 games and counting.

The Warriors have lost 10 of those 15 games, including a 130-124 overtime loss to the Chicago Bulls on March 10, to fall to the ninth spot in the Western Conference with a 32-33 record, resting 1 game behind the Los Angeles Clippers (33-32), who sit at the No. 8 spot.

Golden State has -175 odds of missing the 2026 NBA playoffs, as of March 11, according to BetMGM. The betting site has the Warriors at +140 to make the playoffs.

With 17 games remaining in the regular season, the Warriors will be without Curry at least an additional five games, the team announced Wednesday, due to patella-femoral pain syndrome and bone bruising in his right knee.

Curry was re-evaluated and seems to be making good progress.

‘He has been working out individually on the court in recent days and those workouts, based on his continued progress, will continue to intensify,’ the team said in a statement.

Curry is expected to be re-evaluated in 10 days. He last played Jan. 30 against the Detroit Pistons. Curry leads the team with 27.2 points per game.

Warriors postseason hopes

The Warriors still have a 27.4% chance to make the playoffs, according to ESPN’s 2025-26 Playoffs NBA Power Index.

The Warriors face the Minnesota Timberwolves on Friday, March 13. Minnesota is currently 40-26, the No. 6 seed in the Western Conference.

The Warriors then go on a six-game road trip to take on the New York Knicks, Washington Wizards, Boston Celtics, Detroit Pistons, Atlanta Hawks and Dallas Mavericks. The Knicks, Celtics and Pistons are solid playoff-contending teams, holding the top three seeds in the East. The Hawks are currently at the No. 9-spot with a 34-31 record.

Golden State returns home for a pair of games against the Brooklyn Nets on March 25 and Wizards on March 27. Curry could theoretically return against the Nets following his re-evaluation. Neither of those East Coast teams are in the playoff hunt.

In the final month of the season, the Warriors will play five teams contending for the postseason. They start a five-game homestand against the San Antonio Spurs on April 1, then the next day, they host the Cleveland Cavaliers.

The Houston Rockets come to town on April 5, while the Sacramento Kings visit the Bay Area on April 7. The Warriors’ final regular-season meeting with the Lakers is on April 9. Golden State finishes the regular season on the road against Sacramento on April 10 and the Clippers on April 12.

The Warriors have to remain between the No. 7 and No. 10 seeds to be eligible for the 2026 NBA Play-In Tournament, which will take place from April 14 to 17.

This post appeared first on USA TODAY

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2026 Ivy League women’s basketball tournament: Bracket, schedule, TV

Sport 2 Mins Read

The 2026 Ivy League women’s basketball tournament begins Friday.

Four teams will vie for the conference title beginning Friday, March 13 at Newman Arena in Ithaca, New York, on the Cornell University campus.

Princeton, which has gotten the Ivy League’s automatic bid in five of the past eight seasons, is the No. 1 seed. The Tigers have a 24-3 overall record; they’re 12-2 in the conference. They are joined in the tournament by Columbia, Harvard and Brown.

Here’s everything you need to know about the Ivy League tournament:

When is the Ivy League tournament scheduled?

The 2026 Ivy League women’s basketball tournament begins Friday, March 13 and runs through Saturday, March 14, at Newman Arena in Ithaca, New York, on the Cornell University campus. Play begins at 4:30 p.m. ET Friday for the semifinals.

The Ivy League championship game is scheduled for 5:30 p.m. ET on Saturday, March 14.

How to watch women’s Ivy League tournament

The Ivy League semifinals can be streamed on ESPN+. The championship will be broadcast on ESPNU.

2026 Ivy League women’s basketball tournament bracket

Ivy League tournament schedule, bracket, scores

The 2026 Ivy League women’s basketball tournament unfolds over two days during March, with all games played at Newman Arena in Ithaca, New York, on the Cornell University campus.

Friday, March 13

Semifinals

No. 1 Princeton vs. No. 4 Brown, 4:30 p.m. ET (ESPN+)No. 2 Columbia vs. No. 3 Harvard, 7:30 p.m. ET (ESPN+)

Saturday, March 14

Championship

Semifinal winners, 5:30 p.m. ET, ESPNU

This post appeared first on USA TODAY

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How to watch Caitlin Clark, Team USA vs Puerto Rico: Time, TV, stream

Sport 2 Mins Read

Caitlin Clark cooked in her first game in eight months.

Clark had 17 points and 12 assists in 19 minutes of action on Wednesday. She scored her first bucket with 1 minute, 22 seconds remaining in the first quarter. The Indiana Fever guard, of course, hit a 3.

“Different than a WNBA game, but for myself, it’s a nice way to ease back into it, and I felt like I was effective when I was out there,’ Clark said. ‘But more than anything, just makes me happy that I’m super sweaty right now and I got to play.”

Newcomers Paige Bueckers and Angel Reese also saw their first action as members of the U.S. senior team. Bueckers finished with nine points, four rebounds, three assists and a steal in 14 minutes. Reese added six points, eight rebounds and an assist in 17 minutes.

What time is Team USA women’s basketball vs Puerto Rico?

The Team USA women’s basketball game is at 8 p.m. ET on Thursday, March 12, in San Juan, Puerto Rico.

Team USA women’s basketball vs Puerto Rico | TV/streaming

  • Date: Thursday, March 12
  • Time: 8 p.m. ET (5 p.m. PT)
  • TV: TNT/truTV
  • Stream: Sling TV, HBO Max

How to watch Team USA: Schedule

All times Eastern

Team USA Women’s World Cup Qualifying 2026 – Team Roster

Below are the players selected to represent the USA at the upcoming FIBA Women’s World Cup qualifying tournament in San Juan, Puerto Rico. 

  • Monique Billings
  • Paige Bueckers
  • Rae Burrell
  • Caitlin Clark
  • Kahleah Copper
  • Chelsea Gray
  • Dearica Hamby
  • Rhyne Howard
  • Kiki Iriafen
  • Kelsey Plum
  • Angel Reese
  • Jackie Young
This post appeared first on USA TODAY

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Caitlin Clark stats, highlights from Team USA debut vs. Senegal

Sport 7 Mins Read

Clark was electric in her debut, tallying a double-double with 17 points and 12 assists in 19 minutes of action. Her first points in eight months came with 1 minute, 22 seconds remaining in the first quarter. The Indiana Fever guard sank a triple to get on the board.

“Different than a WNBA game, but for myself, it’s a nice way to ease back into it, and I felt like I was effective when I was out there,’ Clark said. ‘But more than anything, just makes me happy that I’m super sweaty right now and I got to play.”

Newcomers Paige Bueckers, Angel Reese, Rae Burrell, Monique Billings and Kiki Iriafen also had solid debuts in their first action as members of the Team USA senior Team. Bueckers finished with nine points, four rebounds, three assists and a steal in 14 minutes of action. Reese added six points, eight rebounds and an assist during 17 minutes of play.

Clark & Co. were part of a much larger dominant showing from the U.S., which included four players in double figures. Rhyne Howard led the way with a staggering six triples on Wednesday, finishing with 21 points, five rebounds, two assists and a steal. The U.S. completed its matchup against Senegal, shooting 50% from the field and 54% from deep.

‘The ball is always going to find the right shot,’ Howard said. ‘Us being able to come out and, not having that much time with each other, and be able to move it around, it was good.

‘I hit shots, they kept finding me, shooters shot.

Caitlin Clark final stats

Clark had a double-double is her first game since July 15. She played 19 minutes. Not too shabby for someone trying to shake the rust off.

Caitlin Clark notches a double-double against Senegal

Of course, Caitlin Clark has a double-double against Senegal. Of course, she does. At the 3:58 mark of the fourth quarter, Clark splashed a triple to get up to 11 points and 12 rebounds.

Rae Burrell makes Team USA women’s basketball debut

Burell was the last newcomer of Team USA to take the court against Senegal, but she came in and immediately made an impact. Burrell checked in at the start of the fourth quarter, and at the 8:38 mark, she found Kiki Iriafen for an easy assist and score right under the basket. At the 5:16 mark, she scored her first points.

Third quarter: USA 82, Senegal 36

The U.S. has a comfortable 46-point lead at the end of three quarters as it shoots over 60% from the field. Every player who has played has scored. Rhyne Howard leads the field with 18 points, including five 3-pointers, and Kahleah Copper and Monique Billings added 10 points. Caitlin Clark has 12 assists to go along with her eight points.

Caitlin Clark and Angel Reese team up for quick points

Caitlin Clark is making light work of Senegal as she found Angel Reese for an easy two points at the 3:32 mark of the third quarter. The assist was Clark’s ninth of the day.

Senegal coach ejected from the match versus Team USA

Senegal coach Cheikh Sarr was not very happy over what he felt was a non-call on USA’s Rhyne Howard after she made contact with Victorine Thiaw during a steal. At the 7:13 mark of the third, Sarr seemingly said something animated to nearby officials, warranting back-to-back technical fouls on the coach and an ejection.

Paige Bueckers, Angel Reese and more make Team USA debuts

On Wednesday, newcomers Paige Bueckers, Angel Reese, Caitlin Clark, Monique Billings and Kiki Iriafen had all logged minutes by halftime. Rae Burrell, who is also making her debut, was still awaiting action at the break.

Here’s how the newbies of Team USA fared in early action against Senegal:

  • Caitlin Clark (10:23) – 8 points, 8 assists
  • Monique Billings (10:23) – 6 points, 2 rebounds
  • Kiki Iriafen (10:23) – 2 points, 3 rebounds, 1 steal
  • Angel Reese (9:37) – 2 points, 4 rebounds
  • Pauge Bucekers (5:04) – 2 points, 2 rebounds

Halftime: USA 59, Senegal 19

The U.S. women are overwhelming Senegal in all aspects and hold a commanding 59-19 lead at the half. Clark came off the bench to record 8 points and 8 assists before the break, while Rhyne Howard leads all scorers with 15 points. With USA seemingly able to dictate whatever it wants, Clark efficiently facilitated, drawing praise from the commentators for her connection with Howard.

First quarter: USA 28, Senegal 11

After one quarter of play, it’s the USA out in front as the team made a huge push with contributions from Kahleah Copper, Chelsea Gray, Caitlin Clark and Jackie Young.

Caitlin Clark’s debut shot for Team USA is a 3-pointer

At the 1:22 mark of the first quarter, Caitlin Clark drained her first points in a Team USA uniform. Unsurprisingly, it was a 3-pointer, which bounced on the rim and in. It was Clark’s first points since July of last year.

Caitlin Clark checks in for Team USA

At the 5:16 mark of the first quarter, Caitlin Clark made her Team USA Basketball debut. Clark checked in with Kelsey Plum, Rhyne Howard, Kiki Iriafen, and Monique Billings. She immediately passed the ball to Billings for an assist and score, adding to the U.S.’ lead.

Team USA got out to an 11-1 run against Senegal

The U.S. women’s basketball team is off to a hot start on Tuesday. At the 5:27 mark of the first quarter, it’s 13-1, Team USA, over Senegal. Kahleah Copper leads all scorers with six points.

Caitlin Clark is coming off the bench for Team USA

As expected, Caitlin Clark did not start in her Team USA debut.

Here’s who Team USA started for its matchup against Senegal:

  • 7 Kahleah Copper | G 6-0
  • 8 Cheslea Gray | G 5-10
  • 6 Dearica Hamby | F 6-0
  • 9 Angel Reese | F 6-2
  • 13 Jackie Young |G 6-0

It’s almost time for Caitlin Clark to make her Team USA debut

Here’s Indiana Fever star Caitlin Clark flashing a peace sign as she warms up for Wednesday’s matchup against Senegal.

Team USA is ready to play

Team USA Women’s basketball has arrived to play its matchup against Senegal at the Coliseo de Puerto Rico Jose Miguel Agrelot.

How much will Caitlin Clark play for Team USA?

After not playing basketball for eight months, how much will Caitlin Clark play with Team USA?

Realistically, fans shouldn’t expect Clark to play big minutes as part of Team USA’s FIBA World Cup Qualifying roster. USA Basketball coach Kara Lawson and her staff will figure out which lineups work best. Additionally, two other point guards, veteran Chelsea Gray and fellow newcomer Paige Bueckers, are on the roster and will also see minutes.

“This is a different stage,” Clark said. “You’re not going to come out here and be the star player. That’s not how it’s going to be for USA Basketball. You’re going to find a way to help the team win. You’re going to find a way to compete to the best of your ability.”

How to watch Team USA: Schedule

All times Eastern

Team USA Women’s World Cup Qualifying 2026 – Team Roster

Below are the players selected to represent the U.S. at the upcoming FIBA Women’s World Cup qualifying tournament in San Juan, Puerto Rico. 

  • Monique Billings
  • Paige Bueckers
  • Rae Burrell
  • Caitlin Clark
  • Kahleah Copper
  • Chelsea Gray
  • Dearica Hamby
  • Rhyne Howard
  • Kiki Iriafen
  • Kelsey Plum
  • Angel Reese
  • Jackie Young

Get IndyStar’s Indiana Fever and Caitlin Clark coverage sent directly to your inbox with our Caitlin Clark Fever newsletter.

What time is Team USA women’s basketball vs Senegal?

The Team USA women’s basketball game is at 5 p.m. ET on Wednesday, March 11, in San Juan, Puerto Rico.

Team USA women’s basketball vs Senegal: TV/streaming

  • Date: Wednesday, March 11
  • Time: 5 p.m. ET (2 p.m. PT)
  • TV: TNT/truTV
  • Stream: Sling TV
This post appeared first on USA TODAY

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USA advance in WBC as impressive Italy handles Mexico

Sport 6 Mins Read

HOUSTON — The cases of wine hadn’t arrived yet Wednesday night, but Vinnie Pasquantino, Aaron Nola and their Team Italy teammates certainly expect their shipment soon from Team USA, with perhaps a few boxes of pizza from Kyle Schwarber, Bryce Harper, Bobby Witt Jr. and the boys.

Pasquantino set a World Baseball Classic record by hitting three homers and Nola suffocated Mexico’s lineup, the duo leading Italy to a 9-1 win over Mexico, securing a quarterfinal berth for Italy while permitting the USA to stay alive and slide into the quarterfinals as the No. 2 seed.

The USA will play Canada, the top seed from Pool A, on Friday night, while Italy, the top seed from Pool B, will host Puerto Rico on Saturday night with both games at Daikin Park in Houston. The winners of the two games will advance to the semifinals in Miami.

While Italy’s attack silenced the heavily pro-Mexico crowd of 39,894 at Daikin Park, the loudest cheers erupted from Team USA’s hotel.

The Americans knew that an Italy victory would automatically assure a quarterfinal berth since they were 3-1 in pool play, with their lone loss coming to Italy (4-0). Yet, the suspense ended early. They basically knew they were in by the fifth inning, once Italy scored their fifth run, giving them a tiebreaker advantage in runs allowed, even if Italy lost.

Just like that, it allowed Team USA manager Mark DeRosa to exhale after he was ridiculed from coast-to-coast, mistakenly believing that the USA had clinched a quarterfinal berth Monday after beating Mexico, 5-3. He erroneously said on MLB Network that the Americans had punched their ticket to the quarterfinals Tuesday night before their game against Italy. He realized his mistake when he arrived at the ballpark, but insisted it didn’t affect his lineup or in-game strategy.

“I just misspoke,’’ DeRosa said repeatedly after the loss to Italy.

No matter, he was still torched, and certainly will be the center of attention Thursday during the workouts for the four quarterfinal teams.

While these quarterfinals in Houston have featured plenty of drama off the field, from two-time Cy Young winner Tarik Skubal’s decision to return to the Detroit Tigers to USA catcher Cal Raleigh’s refusal to shake Mexico outfielder Randy Arozarena’s hand at home plate, lost in the shuffle has been Italy’s brilliant performance.

No one gave the Italians a chance in the pool, which they had never won. It was always USA and Mexico. When USA beat Mexico, the Americans chilled late in the clubhouse for a few hours, thinking Italy would be a push-over the next day, only to lose 8-6. When Mexico played Italy on Wednesday, the biggest question wasn’t whether the Mexicans would win, but would they hold the scoring down to prevent the USA from getting into the quarterfinals in a three-way tie.

Instead, Italy engineered the two greatest victories in Italian baseball history with back-to-back upsets against the two powers.

“This means the world for Italian baseball,’’ said Marco Mazzieri, Italian federation president.

‘The phones are just blowing up,’ he added.

They are now the talk of Italy, with highlights showing on national TV, the prime minister singing their praises, and baseball now on the country’s landscape as an authentic sport.

“Pretty awesome,’’ said Italy second baseman Jon Berti, who’s hit .417 this tournament, and homered Wednesday. “We’re here to win, and we’re here working our butts off to put Italian baseball on the map. Pretty cool to see the prime minister gave us a little bit of a shout-out this morning. …

“I wish my grandfather was still around. He would be loving this. That’s one of the big reasons I wanted to play.’’

It was only fitting that Italy’s biggest hero was Pasquantino, their captain and ringleader of everything from espresso shots to jello shot to wine tastings. Pasquantino, Witt’s teammate with the Kanas City Royals, had been AWOL in Italy’s first three games. He had played fabulous defense, but didn’t have a lone hit, going 0-for-12.

That all changed with one historic evening with a solo homer in the second inning, the sixth inning and the eighth inning.

Yes, it was not only the first three-homer game in WBC history, but perhaps the first three-espresso night in a baseball dugout, too.

“It’s unbelievable how close this group has gotten in such a quick timeframe,’’ Berti said. “We’re all trying to enjoy it as best as we can because we know it won’t last much longer, no matter what. It’s a short tournament, unfortunately. We wish we could play all together for a long time.

“But Vinnie gets a huge credit for that. He set the tone early for us. He’s an awesome leader, very fun to be around and kind of drew everybody in and together.’’

Even when Pasquantino was struggling offensively, his teammates swore you couldn’t tell whether he went 4-for-4 or 0-for-4, showing all of the qualities you’d ever want in a clubhouse leader.

“I would say so,’’ Berti said. “It’s very infectious. We have a lot of younger guys on the team as well with a lot of talent, and it’s kind of allowed them to kind of open up and be themselves a little bit, which might be a little different than some big-league clubhouses, where you need to earn a lot of respect.

“But in this short of a period, it’s good to get everyone on board right away. And he’s done a great job of that, and the young guys have responded, which has been awesome to see.’’

Then, there was Nola, the veteran starter on the Phillies’ staff, and teammates with Schwarber and Harper. He knew if Italy simply won, there would be no need for any tiebreakers or calculators. So he went out and absolutely shoved in his WBC debut, giving up just four hits in five shutout innings with five strikeouts. When he left the game, Italy had a 5-0 lead and cruised the rest of the way.

Team Italy’s starting rotation was relentless in its four games in pool play. It produced a 1.00 ERA, yielding 10 hits and two runs in 18 innings with 20 strikeouts, and a .175 batting average.

Italy’s renaissance has reached such a crescendo that the entire day was dedicated to Italian baseball, with news even spreading in the parliament.

“That means we are making noise,’’ Italy manager Francisco Cervelli said, “and noise in a positive way. If we win this tournament, it will help the national (soccer) team. And I say the national team is a religion. But the religion, probably before the 1900s, was not a religion.

“So probably this is the start of a new religion, baseball in Italy. I don’t know how we can do it, but I think we make it happen. It’s a good start. And I’m glad in Italy a lot of people are talking about baseball.’’

Follow Nightengale on X: @BNightengale

This post appeared first on USA TODAY

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Investing

Crypto Market Update: Iran war Drives Oil Derivatives Boom On Crypto Exchange

Investing 3 Mins Read

Here’s a quick recap of the crypto landscape for March 11 as of 9:00 a.m. UTC.

Get the latest insights on Bitcoin, Ether and altcoins, along with a round-up of key cryptocurrency market news.

Bitcoin (BTC) was priced at US$69,624.27, down by 1.7 percent over the last 24 hours.

Bitcoin price performance, March 11, 2026.

Chart via TradingView

Ether (ETH) was priced at US$2,022.91, down by 1.6 percent over the last 24 hours.

Altcoin price update

  • XRP (XRP) was priced at US$1.37, down by 2.0 percent over 24 hours.
  • Solana (SOL) was trading at US$85.39, up by 2.1 percent over 24 hours.

Today’s crypto news to know

Oil trading surges on crypto derivatives platform

Volatility in global energy markets is spilling into crypto trading platforms, where oil derivatives have suddenly become one of the most active markets.

On decentralized exchange Hyperliquid, an oil-linked perpetual futures contract tracking West Texas Intermediate crude generated about US$1.32 billion in trading volume over the past 24 hours.

The surge made oil the second-most traded contract on the platform after Bitcoin.

The surge followed the escalation of the US-Israel conflict with Iran, which sent oil prices briefly soaring above US$118 per barrel before retreating. Prior to the conflict, the contract typically saw about US$21 million in daily trading.

Data from Hyperliquid shows Bitcoin still dominates trading activity with roughly US$3.64 billion in daily volume, but the WTI contract has now leapfrogged assets such as Ether, silver, and gold.

Strategy adds nearly 18,000 Bitcoin in US$1.28 billion purchase

Strategy (NASDAQ:MSTR) continued its aggressive accumulation strategy last week, revealing it purchased 17,994 Bitcoin for about US$1.28 billion between March 2 and March 8.

According to a regulatory filing, the company paid an average price of roughly US$70,946 per coin. The latest purchase lifts Strategy’s total holdings to 738,731 Bitcoin, acquired at a combined cost of about US$56.04 billion.

China’s top court warns of tougher penalties for crypto crime

China’s Supreme People’s Court has signaled a harder line against cryptocurrency-related financial crime, pledging stricter penalties for individuals using digital assets to launder money or move funds overseas.

Chief Justice Zhang Jun issued the warning in the court’s annual report to the National People’s Congress, highlighting the growing role of crypto in cross-border financial offenses.

Authorities say the crackdown is part of a broader campaign against technology-enabled crime, which increasingly includes artificial intelligence-driven fraud and coordinated online harassment campaigns known as “human flesh search.”

Despite the ban, enforcement agencies say criminals have continued to exploit digital assets to bypass China’s strict capital controls, which limit individuals to transferring US$50,000 abroad each year.

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

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

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Investing

Questcorp Mining Completes Induced Polarization Survey at the Marisa Zone – North Island Copper Project

Investing 4 Mins Read

Questcorp Mining Inc. (CSE: QQQ,OTC:QQCMF) (OTCQB: QQCMF) (FSE: D910) (the ‘Company’ or ‘Questcorp’) is pleased to announce the successful completion of 12.8 line kilometres of induced polarization (‘IP’) surveying over the Marisa Zone at its 1,168-hectare North Island Copper Project located near Port Hardy on Vancouver Island, British Columbia.

The Company is currently reviewing the newly acquired geophysical data and will release a detailed interpretation once the technical team has completed its evaluation. As part of this process, Peter E. Walcott and Associates Limited will integrate the historical 1992 IP survey data with the new 2026 survey results to generate a comprehensive 3D inversion model of the target area.

The results of this work are expected to assist in defining priority drill targets. Subject to final interpretation and permitting timelines, the Company intends to initiate permitting for a drill program in late H1 or early H2 2026.

Previous exploration at the Marisa Zone identified copper mineralization associated with an IP chargeability anomaly. In 1992, two of five diamond drill holes were completed to test the anomaly intersected copper mineralization, including:

  • 0.078% copper over 56.39 metres (DDH92-01)
  • 0.041% copper over 70.71 metres (DDH92-03)

Both intercepts were encountered within altered quartz diorite, with copper grades increasing with depth in DDH92-03.

Source: Geophysical and Diamond Drilling Report on the Marisa Property, G.J. Allen and P.G. Dasler, February 29, 1992, prepared for Great Western Gold Corporation.

‘This recently completed IP survey represents an important step in advancing the Marisa Zone target,’ stated Saf Dhillon, President & Chief Executive Officer of Questcorp Mining. ‘The survey has successfully confirmed the presence of the historical chargeability anomaly identified in earlier work. Once Walcott and Associates completes the 3D inversion and our technical team finishes reviewing the results, we expect to refine potential drill targets and move toward a drill program later in 2026.’

The Company cautions that a Qualified Person has not verified the historical exploration data referenced in this release. The presence of mineralization on adjacent or nearby properties, including NorthIsle Copper and Gold and BHP properties, is not necessarily indicative of mineralization on the North Island Copper Project.

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

About Questcorp Mining Inc.

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

ON BEHALF OF THE BOARD OF DIRECTORS,

Saf Dhillon
President & CEO

Questcorp Mining Corp.
saf@questcorpmining.ca
Tel. (604-484-3031)
Suite 550, 800 West Pender Street
Vancouver, British Columbia
V6C 2V6

https://questcorpmining.ca

This news release includes certain ‘forward-looking statements’ under applicable Canadian securities legislation. Forward-looking statements include, but are not limited to, statements with respect to the intended use of proceeds from the Offering; and closing of subsequent tranches of the Offering. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such factors include, but are not limited to general business, economic, competitive, political and social uncertainties, uncertain capital markets; and delay or failure to receive board or regulatory approvals. There can be no assurance that such forward-looking statements will prove to 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 disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

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

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/288086

News Provided by TMX Newsfile via QuoteMedia

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Prince Silver

Investing 5 Mins Read

Investor Insight

With a strong asset foundation, C$8 million in cash, and an experienced technical team, Prince Silver is well-positioned to capitalize on the current macro tailwinds in the silver and manganese markets. The project has a US Critical Minerals advantage, hosting silver, zinc, lead, and manganese, in addition to gold.

Overview

Prince Silver (CSE:PRNC,OTCQB:PRNCF) is a Vancouver-based exploration company focused on unlocking value at the Prince silver project in southeastern Nevada.

In July 2025, the company completed a transformational acquisition of Stampede Metals Corporation and subsequently rebranded from Hawthorn Resources to Prince Silver Corp.

The flagship asset is a district-scale, past-producing silver-gold-zinc-manganese carbonate replacement system, historically mined through the early to mid-1900s. The immediate objective is to validate and expand upon the 129 historic drill holes (over 16,600 meters) to convert the exploration target into a maiden NI 43-101 mineral resource, targeted for the fourth quarter of 2026.

Company Highlights

  • Flagship Project: 100 percent ownership of the historic Prince silver mine in Lincoln County, Nevada, an open, near-surface silver-gold-zinc carbonate replacement deposit. It has an exploration target of 23 to 45 million tons, with strong historic grades.
  • Fully Funded Drilling Program Underway: A 9,000-meter reverse-circulation drill program is now underway with a steady stream of assay results expected from January to May 2026. This follows an recent funding raise of approximately C$4.75 million in gross proceeds.
  • Clean Corporate Reset: Hawthorn Resources completed the Stampede Metals acquisition and re-listed as Prince Silver Corp. on July 11, 2025.
  • Tight Share Structure: The company has 58.9 million shares issued and outstanding as of February 23, 2026.
  • US Critical Minerals Leverage: The Prince Project hosts critical and strategic minerals on the 2025 USGS list: silver, zinc, lead, and manganese, in addition to gold.
  • Experienced, Hands-on Leadership: President Ralph Shearing, CEO Derek Iwanaka, and new directors Marco Montecinos, Robert Wrixon and Darrell Rader add mine-building, corporate, and capital-markets depth to the leadership team.
  • Expanded Land Position: The land package at the Prince Silver Project has more than doubled, securing over 7 kilometers of prospective strike length along the mineralized fault system.

Key Projects

Prince Silver Project

The Prince silver project is a large-scale, polymetallic Carbonate Replacement Deposit (CRD) located just west of Pioche, a historic mining district in southeastern Nevada. The project hosts a structurally and stratigraphically controlled system of silver-rich mantos, breccias, and fissure veins. Historic underground production between 1912 and 1949 totaled approximately 1.12 million tons (Mt) at average grades of 100 grams per ton (g/t) silver, 4.5 percent zinc, and 10 percent manganese.

Highlights

  • Geological compilation work has defined an exploration target ranging between 23 and 45 Mt, grading approximately 37 to 40 g/t silver, 1.5 percent zinc, and 0.8 percent lead.
  • The fully-funded 9,000 meter drill program is underway with a steady stream of assay results expected from January to May 2026, targeting a maiden NI 43-101 Mineral Resource Estimate (MRE) in the fourth quarter of 2026.
  • The company recently expanded its land position, securing over 7 kilometers of prospective strike length along the mineralized fault system.

Stampede Gap Copper-Gold-Molybdenum Project

The Stampede Gap Copper-Gold-Molybdenum Project is a large, early-stage porphyry target in Nevada featuring over 200 claims. Historical geophysics have identified multiple IP-resistivity anomalies, and a single 700 meter drill hole encountered extensive skarn alteration. Its location is only 150 kilometers south of KGHM’s Robinson copper-gold-silver-molybdenum mine. The project presents a deep-seated exploration target that has the hallmarks of a large-scale copper-molybdenum deposit.

Management Team

Derek Iwanaka – Chief Executive Officer and Director

Derek Iwanaka is a mining-sector executive with over 23 years of investor relations, corporate development, and capital markets experience. He has supported more than 20 corporate transactions and helped raise over US$100 million, including one of Canada’s first at-the-market financings. Iwanaka previously held senior roles at BeMetals and First Mining Gold Corp., contributing to strategic acquisitions, project advancement, and significant market-cap growth.

Ralph Shearing – President and Director

Ralph Shearing is a professional geologist and mine developer with over 35 years in mineral exploration development and public company management. Since 1987, Shearing has held senior executive positions with public junior mining and exploration companies, notably Luca Mining, a company he founded and guided through exploration, development, construction, and pre-production of the Tahuehueto mine in Mexico. He currently acts as a Qualified Person for Prince Silver’s technical disclosure.

Rob Scott – Chief Financial Officer and Corporate Secretary

Rob Scott’s professional experience has helped raise over $200 million in equity with past and current executive and board positions with TSXV issuers, including Great Bear Resources, Valore Metals, Riverside Resources, Capitan Silver, and First Helium.

Dr. Robert Wrixon – Independent Director

Robert Wrixon is the managing director of Starboard Global, a Hong Kong-based project incubator and VC firm. Wrixon is a seasoned executive and engineer with over 20 years’ experience across ASX- and LSE-listed mining companies. He holds a PhD in mineral engineering from UC Berkeley and brings deep technical, corporate development, and mergers and acquisitions experience.

Darrell Rader – Independent Director

Darrell Rader is the president and chief executive officer of Minaurum Gold, a silver explorer in Mexico. He has directly raised over $150 million for mineral exploration and development and has strong relationships with institutional investors and bankers. Rader founded Defiance Silver Corp, a silver developer, and previously was the head of corporate development at IMPACT Silver. Rader holds a BBA in Finance from Simon Fraser University.

Marco Montecinos – Independent Director

Marco Montecinos has over 40 years of mineral exploration experience across the Americas, including a key role in the three-million-ounce Marlin Gold discovery, multiple gold discoveries, and current roles as chief president of exploration at Gunpoint Exploration and US Critical Metals, as well as president of Tigren, Inc.

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Benchmark: Surging Copper Prices Highlight Looming Global Supply Challenges

Investing 7 Mins Read

Copper prices surged through 2025 and into 2026, placing the red metal firmly back into the spotlight as concerns about a looming global supply shortfall mount among market watchers.

Analysts say the tightening outlook reflects a powerful mix of rising demand — driven by urbanization, the energy transition and the rapid expansion of artificial intelligence infrastructure — against a backdrop of stagnant mine supply.

Speaking at the Benchmark Summit, held in Toronto on March 2, Carlos Piñeiro Cruz, principal copper analyst at Benchmark Mineral Intelligence, outlined the key forces shaping the copper market in the near term, while warning that structural supply challenges could intensify over the coming decade.

Copper supply side increasingly tight

It would be a lie to suggest that the copper supply and demand situation is tenable.

In 2025, mining disruptions led to significant declines in output. Cruz noted that production in Q4 2024 exceeded that of any quarter in 2025; in fact, the sector lost around 1 million metric tons (MT) of output in total.

Much of the reduction was due to unforeseen situations, such as the mudslide at Freeport-McMoRan’s (NYSE:FCX) Grasberg in Indonesia, seismic events at Ivanhoe Mines’ (TSX:IVN,OTCQX:IVPAF) Kamoa-Kakula in the Democratic Republic of the Congo and worker strikes at BHP’s (ASX:BHP,NYSE:BHP,LSE:BHP) Escondida in Chile.

While the operations will eventually recover, the incidents come at a time when the copper market is increasingly tight and is expected to enter into a supply deficit in the coming years.

Cruz is predicting copper production growth of 1.5 percent in 2025, suggesting that the growth rate is behind what is expected from refined copper demand. The majority of the increase will come from mines returning to normal operations, with additional amounts from projects or expansions that began ramping up in 2025.

Cruz stated that pre-disruption growth was originally forecast at around 2 million MT in 2026, but has since been downgraded by around 700,000 MT, with the majority of the reduction coming from Escondida.

“We see that supply coming in this year will be highly skewed towards H2 as mines recover, with a 9 percent increase between Q1 and Q4, with most of this growth coming from South America, Africa and Asia, ex-China,” Cruz said.

From there, he expects growth to stabilize in 2027 at a much higher rate than this year, with Africa to experience a faster growth rate than the overall market. In the long run, Cruz predicts a compound annual growth rate of 0.9 percent between 2025 and 2035, with copper output peaking in 2033 at 27 million MT.

Copper demand drivers to watch

One of the main areas Cruz focused on was the acceleration of demand driven by the energy transition, artificial intelligence and technology. A lot of the new demand is coming from electric vehicles (EVs) — while the amount of copper in each EV is seen declining, demand growth will remain strong as sales increase.

“We do think that copper density on EVs is going to go down substantially. From 2010 to 2035, it’s going to go from 85 kilograms per unit to 64 kilograms per unit. In spite of this, we still think that copper demand from battery EVs and hybrid vehicles will grow substantially from around 2.3 million MT in 2025 to 6 million MT in 2035,” Cruz said.

It’s not just EVs, other technologies like artificial intelligence, data centers and communications are placing additional strains on the electrical infrastructure. Increasing demand for new power lines, electrical generators and energy storage is further bolstering downstream demand for copper.

“We anticipate demand from these particular sectors will grow from around 10 million MT in 2025 to 14 million MT in 2035. With most of the demand coming from energy transmission and generation,” Cruz said.

He went on to explain that transmission and generation account for 77 percent of the anticipated growth.

Cruz thinks energy demand has been overshadowed by the growth in data centers, where he suggested that copper demand will increase by only about 400,000 MT between 2025 and 2035.

“Of the growth I told you about from EVs with almost 4 million MT, or the demand from energy infrastructure with a little less than 3 million MT, it’s not that impressive. Although it still adds up to a substantial growth,” he said.

100 new copper mines by 2035?

The key takeaway from Cruz’s presentation was that a copper supply gap is developing. While he pointed out that the annual supply growth rate will come in at around 1 percent, demand is nearly double at 1.9 percent.

“This basically means that with the mines that currently exist, plus the projects that are under construction, we expect to see a difference in what needs to be mined and what will be mined in 2035 of around 7.4 million MT,” he said.

When probable projects are factored in, the supply gap narrows, but a 2.2 million MT shortfall still exists. However, these additional projects are not guaranteed. Cruz suggested that to avoid shortfalls, 100 new mines with output in the 75,000 MT range need to be built by 2035 — but this won’t be an easy task. Of the 10 largest mines in the world, only two were built after 2010; meanwhile, many of the others are decades or over 100 years old.

One reason new mines are scarce is long permitting processes, but Cruz also acknowledged that newly found large-scale deposits are at greater depths and lower grades. This has led to a scarcity of greenfield projects, with most growth coming from expansions at existing mines, a trend Cruz expects to continue over the coming years.

“Looking ahead, we expect this trend to continue to the point that we anticipate that by 2031, new production from greenfield projects will be half of what it was in 2011,” he said.

Additionally, Cruz said the copper market is becoming increasingly bifurcated, with China set to be a dominant force in both production and refinement of the red metal moving forward.

“The supply gap, or the future copper shortage, is something that the industry has been warning about for years now. The truth is, it seems not a lot of people are paying attention to it, but China has,” he said.

Cruz explained that China’s involvement in the Democratic Republic of Congo was the result of extensive planning and considerable investment. In fact, Chinese companies have collectively surpassed western producers and are securing their own supply chain.

Investor takeaway

Overall, Cruz believes the copper sector is well positioned for investment.

While he has some concern that smelting capacity is nearing saturation, he expects the situation to return to balance by 2031 and thinks that competition for concentrate will keep producer costs lower until then.

The combination of low treatment charges, high copper prices and even higher by-product gold, silver and molybdenum prices has helped increase margins and profitability for operators.

“We think that the market is in a very good position right now for miners at least. You could argue that for smelters it’s good as well despite the treatment and refinement charges, and we think that if these factors last a little bit longer, we expect some of these projects to bring the copper that humanity needs,” Cruz said.

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

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