https://www.streetwisereports.com/ Investment coverage from Streetwise Reports. copyright 2012, Streetwise, Inc. https://www.streetwisereports.com/article/2026/07/27/is-this-deepseek-2-0.html <p class="articleSource"> <b>Source: <a href="https://www.streetwisereports.com/article/2026/07/27/is-this-deepseek-2-0.html?utm_medium=feed">Stephen McBride 07/27/2026</a></b> </p> Stephen McBride of RiskHedge shares his thoughts on the potential for an AI bubble burst.<p class="font-claude-response-body break-words whitespace-normal" dir="ltr">Three investors reached out to me this week with an identical query: "Are you concerned?"</p> <p class="font-claude-response-body break-words whitespace-normal" dir="ltr">In our January edition of Disruption Investor, our primary advisory service, we forecasted that another DeepSeek-like event would rattle Wall Street and cause artificial intelligence (AI) stocks to plummet. This was our key prediction for 2026, and just last week, it materialized.</p> <p class="font-claude-response-body break-words whitespace-normal" dir="ltr"><strong>A Chinese AI laboratory unveiled Kimi K3</strong>, a model that equaled the performance of top American models and surpassed them in impartial coding assessments, all at approximately one-third the cost. The most significant aspect? Kimi K3 is an open-source model, eliminating the need for a pricey monthly subscription.</p> <p class="font-claude-response-body break-words whitespace-normal" dir="ltr">Wall Street reacted swiftly, initiating a sell-off of AI stocks. The well-known <strong>Roundhill Memory ETF (DRAM:BATS)</strong>, which includes memory chip stocks, tumbled over 30% from its peak. <strong>CoreWeave (CRWV:NASDAQ)</strong>, the biggest dedicated AI cloud, saw its value halved. On Friday, <strong><span class="for_co_card_10904">Nvidia Corp. (NVDA:NASDAQ) </span></strong>temporarily relinquished its position as the world's most valuable company to <strong><span class="for_co_card_5725">Apple Inc. (AAPL:NASDAQ)</span></strong>.</p> <p class="font-claude-response-body break-words whitespace-normal" dir="ltr"><strong>The rationale behind the sell-off is straightforward:</strong> if a Chinese laboratory can offer AI for free, no one will pay American labs for it. If AI generates no revenue, the approximately $750 billion that <strong><span class="for_co_card_10421">Microsoft Corp. (MSFT:NASDAQ)</span></strong>, <strong><span class="for_co_card_11361">Alphabet Inc. Class A (GOOGL:NASDAQ)</span></strong>, <strong><span class="for_co_card_10768">Amazon.com Inc. (AMZN:NASDAQ)</span></strong><span class="for_co_card_10768">,</span> and <strong><span class="for_co_card_11362">Meta Platforms Inc. (META:NASDAQ)</span></strong> intend to invest in AI infrastructure this year represents the most significant capital waste in history. As a result, investors are offloading chips, data centers, big tech stocks, and anything even tangentially related to AI.</p> <p class="font-claude-response-body break-words whitespace-normal" dir="ltr"><strong>In my opinion, this will prove to be the investors' costliest blunder in 2026.</strong></p> <p class="font-claude-response-body break-words whitespace-normal" dir="ltr">On January 27, 2025, a relatively unknown Chinese laboratory called DeepSeek launched R1, a cutting-edge AI model it claimed to have trained for under $6 million - a pittance compared to the billions American labs were investing. The market deduced that America was drastically overspending on AI. Consequently, Nvidia plunged 17% in a single trading session, shedding $600 billion in market value - the most significant single-day loss for any company in stock market history.</p> <p class="font-claude-response-body break-words whitespace-normal" dir="ltr">It appeared that the AI spending boom had concluded. Can you predict what transpired next? Nvidia's revenues more than doubled.</p> <p class="font-claude-response-body break-words whitespace-normal" dir="ltr">Two years ago, Google processed fewer than 10 trillion tokens per month. Today, that figure stands at 3.2 quadrillion - the equivalent of a dense novel's worth of AI-generated text for every person on Earth, each month.</p> <p class="font-claude-response-body break-words whitespace-normal" dir="ltr">Anthropic's annualized revenue skyrocketed from $1 billion to $47 billion in just 17 months. No company in the history of capitalism has experienced such rapid growth.</p> <p class="font-claude-response-body break-words whitespace-normal" dir="ltr">Affordable intelligence ultimately propelled AI demand to new heights. If you sold on DeepSeek Monday, you exited the AI trade at the precise moment its fundamentals went vertical.</p> <p class="font-claude-response-body break-words whitespace-normal" dir="ltr"><img class="center_enlarge" src="https://www.theaureport.com/images/auto_up/202672763447_2820a7_0251ad6637f4425ca75981803b854217mv2.png" alt="" width="857" height="620" /></p> <p class="font-claude-response-body break-words whitespace-normal" dir="ltr">English economist William Stanley Jevons observed a peculiar phenomenon: as steam engines became significantly more efficient, extracting more work from each lump of coal, coal demand should have decreased. Instead, it surged. Cheaper steam power meant that it suddenly became worthwhile to employ steam power everywhere. The total amount of coal consumed increased rather than decreased.</p> <p class="font-claude-response-body break-words whitespace-normal" dir="ltr">The same phenomenon occurred with light. LED bulbs reduced lighting costs by approximately 90%, leading us to illuminate everything.</p> <p class="font-claude-response-body break-words whitespace-normal" dir="ltr"><strong>Economists refer to this as the Jevons Paradox.</strong> When a useful commodity becomes cheaper, the world discovers a multitude of new applications for it and spends more.</p> <p class="font-claude-response-body break-words whitespace-normal" dir="ltr">The same applies to AI.</p> <p class="font-claude-response-body break-words whitespace-normal" dir="ltr">In late 2022, GPT-4-level intelligence cost around $20 per million tokens. Today, that same level of intelligence costs a mere 40 cents! Did AI spending decrease? No.</p> <p class="font-claude-response-body break-words whitespace-normal" dir="ltr"><strong><span class="for_co_card_11432">Uber Technologies Inc.'s (UBER:NYSE)</span></strong> CTO recently admitted that the company exhausted its entire 2026 AI budget in just four months. Each Uber engineer now incurs $500&ndash;$2,000 per month in AI expenses. Apple allows engineers to spend $300 per day on tokens. The most AI-intensive companies currently spend $7,500 per employee every month on AI.</p> <p class="font-claude-response-body break-words whitespace-normal" dir="ltr">I'm personally investing over $200 per month on Claude, and it's worth every cent.</p> <p class="font-claude-response-body break-words whitespace-normal" dir="ltr">This is the Jevons Paradox in action. The more affordable AI becomes, the more we utilize it.</p> <p class="font-claude-response-body break-words whitespace-normal" dir="ltr"><strong>Kimi K3 may be open-source</strong>, but running it still necessitates costly data centers equipped with Nvidia GPUs and high-bandwidth memory from companies like Micron Technology (MU). It also requires megawatts of electricity to power everything. Starting Monday, Kimi K3's "recipe" will be freely available for download. However, the "kitchen" needed to run it - 1.5 terabytes of scarce high-bandwidth memory across racks of Nvidia GPUs - is not.</p> <p class="font-claude-response-body break-words whitespace-normal" dir="ltr">Don't just take my word for it. Within days of launching K3, the company behind it, Moonshot, stopped accepting new members. Why? It ran out of GPUs. The lab that just "killed" demand for AI can't secure enough compute resources to support its own free model.</p> <p class="font-claude-response-body break-words whitespace-normal" dir="ltr">So, no, I'm not concerned about this sell-off.</p> <p class="font-claude-response-body break-words whitespace-normal" dir="ltr">I'm approaching it the way DeepSeek should have been approached: as an opportunity. A chance to acquire the toll roads of the AI boom at discounted prices - the bottlenecks that get paid regardless of which model tops the leaderboard.</p> <p class="font-claude-response-body break-words whitespace-normal" dir="ltr">Compute. Power. Memory. Chip-making machines. And all the other vital layers of AI infrastructure we're investing in through Disruption Investor and Disruption_X.</p> <p class="font-claude-response-body">I recommend you do the same. If you liked this, please consider joining my free investing letter, <em><a href="https://www.riskhedge.com/the-jolt/subscribe" target="_blank" rel="noopener">The Jolt<span style="font-style: normal;">, here</span></a></em>.</p> <p class="font-claude-response-body break-words whitespace-normal" dir="ltr">[the_jolt_nl]</p><p>Important Disclosures:</p><ol> <li>As of the date of this article, officers, contractors, shareholders, and/or employees of Streetwise Reports LLC (including members of their household) own securities of Alphabet Inc. Class A, Nvidia, Amazon.com Inc., and Apple Inc.</li> <li>Stephen McBride: I, or members of my immediate household or family, own securities of: None. My company has a financial relationship with: None. <span data-olk-copy-source="MessageBody">My company has purchased stocks mentioned in this article for my management clients: None. </span>I determined which companies would be included in this article based on my research and understanding of the sector.</li> <li>Statements and opinions expressed are the opinions of the author and not of Streetwise Reports, Street Smart, or their officers. The author is wholly responsible for the accuracy of the statements. Streetwise Reports was not paid by the author to publish or syndicate this article. Streetwise Reports requires contributing authors to disclose any shareholdings in, or economic relationships with, companies that they write about. Any disclosures from the author can be found below. Streetwise Reports relies upon the authors to accurately provide this information and Streetwise Reports has no means of verifying its accuracy. </li> <li> This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company. </li> </ol> <p>For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting" target="_blank" rel="noopener">here.</a></p><img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=31962"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=31962" width="0" height="0"> Mon, 27 Jul 2026 00:00:00 PST https://www.streetwisereports.com/article/2026/07/27/forgotten-1978-drill-records-reveal-8-002-g-t-silver-and-multiple-high-grade-intercepts.html <p class="articleSource"> <b>Source: <a href="https://www.streetwisereports.com/article/2026/07/27/forgotten-1978-drill-records-reveal-8-002-g-t-silver-and-multiple-high-grade-intercepts.html?utm_medium=feed">Streetwise Reports 07/27/2026</a></b> </p> Trinity One Metals Ltd. (TOM: TSXV; ARJNF:OTCID; 5D5:FSE) reported historic Silver-1 Mine drill results, including 2.60 meters grading 1,240 g/t silver and a high-grade interval of 8,002 g/t silver recovered from archived United Nations exploration records.<p class="PDq2pG_selectionAnchorContainer" data-start="106" data-end="359"><strong><span class="for_co_card_11633">Trinity One Metals Ltd. (TOM: TSXV; ARJNF:OTCID; 5D5:FSE) </span></strong>reported <a href="https://www.trinityonemetals.com/news-media/trinity-one-metals-identifies-historic-high-grade-silver-intercepts-at-silver-1-including-260-m-at-1240-gt-silver" target="_blank" rel="noopener">the compilation and initial interpretation of six historic diamond core drill holes completed at the Silver-1 Mine in Ecuador as part of a United Nations exploration program in 1978.</a></p> <p>The reported results are from the previously mined Ocashuaico sector. The company also located additional historic drill logs from the Shunaste sector, where no historical mining is known to have occurred. According to the company, those records are undergoing verification and geological interpretation.</p> <p>The drilling was completed about 11 years before underground mining began at Silver-1 in 1989. Historical information indicates mining continued until about 1994 and reached a reported maximum depth of about 90 meters.</p> <p>According to the company, the newly compiled records include high grade silver-lead-zinc intersections at calculated vertical depths exceeding the reported maximum historical mining depth. The principal zone in hole SB-18 began at 152.15 meters downhole and corresponded to a calculated vertical depth of 107.6 meters. The interval returned 2.60 meters grading 1,240 g/t silver, 1.57% lead and 3.08% zinc, including 0.25 meter grading 8,002 g/t silver, 7.80% lead and 11.70% zinc from 154.50 meters downhole, or a calculated vertical depth of 109.2 meters.</p> <p>Additional historic results included SB-19, which returned 0.50 meter grading 2,076 g/t silver from 48.20 meters, corresponding to a calculated vertical depth of 34.1 meters, 5.30 meters grading 182 g/t silver from 55.00 meters (38.9 meters VD), 0.15 meter grading 2,229 g/t silver from 131.05 meters (92.7 meters VD), and 0.23 meter grading 1,011 g/t silver from 155.12 meters (109.7 meters VD). SB-20 returned 5.45 meters grading 217 g/t silver from 38.35 meters (27.1 meters VD), including 0.97 meter grading 754 g/t silver from the same depth, as well as 0.40 meter grading 350 g/t silver from 164.40 meters (116.2 meters VD).</p> <p>The remaining three historic drill holes returned lower grades. SB-25 intersected 1.90 meters grading 125 g/t silver from 127.70 meters, SB-25B returned trace silver in its two recorded sample intervals, and SB-27 intersected 1.50 meters grading 64 g/t silver from 229.00 meters.</p> <p>The company stated that the drill records were recovered by its in-country geological team through a review and digitization of original paper drill logs and technical documents held in the archives of Ecuador's Geological and Energy Research Institute (IIGE).</p> <p>Thomas Wood, chief executive officer of Trinity One Metals, said in a company news release, "The recovery of these 1978 United Nations drilling records represents an important breakthrough in our understanding of Silver-1."</p> <p>He added, "SB-18 is particularly significant. It intersected 2.60 m grading 1,240 g/t silver, including 0.25 m grading 8,002 g/t silver, from a downhole depth of 152.15 m."</p> <p>The company said the results were compiled from original paper records held by IIGE and checked against available historical figures and drill information. It has not independently verified the results through resampling of original drill core or confirmation drilling. The company also noted that the available records do not identify analytical methods, sample preparation procedures, core diameter, sample security protocols, or complete drilling and QA/QC information, and that the historical results should not be treated as equivalent to results generated under current exploration and analytical standards.</p> <p><a href="https://www.trinityonemetals.com/news-media/trinity-one-metals-identifies-historic-high-grade-silver-intercepts-at-silver-1-including-260-m-at-1240-gt-silver" target="_blank" rel="noopener">According to the company</a>, calculated vertical depths were based on an approximate drill inclination of negative 45 degrees and assumed no material drill hole deviation. The company also cautioned that the 0.25 meter interval grading 8,002 g/t silver in hole SB-18 "may be isolated, affected by a high-grade or nugget effect, or unrepresentative."</p> <h2 class="PDq2pG_selectionAnchorContainer" style="text-align: center;" data-section-id="117su1q" data-start="0" data-end="61">Silver Prices Recover While Long-Term Gains Remain Strong</h2> <p data-start="63" data-end="660">Silver prices continued to trade near multi-year highs on July 27. <a href="https://simplywall.st/stocks/us/retail/nyse-gold/goldcom/news/goldcom-gold-rebrands-around-precious-metals-is-it-a-bargain" target="_blank" rel="noopener">According to live spot price data, silver was priced at US$59.20 per ounce, up US$0.48, or 0.82%, on the day</a>. The data also showed silver prices had gained 2.37% over one day, 5.49% over the previous seven days and 55.87% over the past year, while remaining up 140.57% over five years and 193.25% over 10 years. The pricing source stated that the silver spot price "is calculated as an average of multiple wholesale market quotes," providing "a reliable central market value rather than representing any single transaction price."</p> <p data-start="662" data-end="1082"><a href="https://www.lbma.org.uk/articles/lbma-precious-metals-market-report-q2-2026" target="_blank" rel="noopener">According to the July 15 <em data-start="687" data-end="732">LBMA Precious Metals Market Report: Q2 2026</em>, precious metals experienced significant volatility during the second quarter </a>as geopolitical events, energy prices and inflation expectations influenced trading. The report stated that "as the intensity of the Iran War increased, the gold price (and silver price) fell, and as negotiations towards a ceasefire took place, the price tended to rise."</p> <p data-start="1084" data-end="1623" data-is-last-node="" data-is-only-node="">The report also noted that, despite a sharp decline in gold prices during the quarter, central bank demand remained a key source of support. It stated that "the People&rsquo;s Bank of China added 320,000oz (~10t) to its reserve base," marking its nineteenth consecutive month as a net buyer, while the World Gold Council reported that central banks were net buyers of 41 tonnes of gold in May. According to the report, LBMA London vaults held 28,082 tonnes of silver at the end of June 2026, representing a 1.7% increase from the previous month.</p> <p class="PDq2pG_selectionAnchorContainer" data-start="851" data-end="1310"><a href="https://www.moomoo.com/news/post/73560318/oil-prices-retreat-easing-rate-hike-concerns-while-silver-rebounds?level=1&amp;data_ticket=1785160806984084" target="_blank" rel="noopener">FX678 Finance reported on July 27 that WTI crude fell about 5.6% during Asian trading, reducing inflation expectations and easing concerns over additional rate hikes</a>. The publication added that "with oil prices now easing, market participants are recalibrating their outlook on global monetary policy." It also noted that "given silver's dual nature as both a precious metal and an industrial commodity, shifts in global growth prospects will also influence its demand."</p> <h2 class="PDq2pG_selectionAnchorContainer" style="text-align: center;" data-section-id="1sr7ryy" data-start="0" data-end="31">Newsletter Writer Comments on Historic Drill Results</h2> <p data-start="33" data-end="510">Chen Lin of the <em data-start="49" data-end="91">What is Chen Buying? What is Chen Selling?</em> newsletter commented on July 23, 2026, following Trinity One Metals' announcement of historic drilling results at Silver-1. He wrote, "TOM.v reported very high grade silver intercept, 2.60 m at 36.16 oz/t silver (1,240 g/t), 1.57% lead and 3.08% zinc from 152.15 m." Lin added, "This is a fantastic result, and I believe the management will start to promote the story in September and they will have more results then."</p> <p data-start="512" data-end="1031" data-is-last-node="" data-is-only-node="">In a previous commentary published June 10, 2026, Lin wrote that "TOM.v reported very good progress in starting up the Silver-1." He highlighted initial tailings samples that returned "132.82 g/t silver and 0.58 g/t gold, as well as 118.47 g/t silver and 0.50 g/t gold," along with waste rock sampling results that included "405.27 g/t silver and 3.07 g/t gold." Lin also noted at the time that "Trinity One is preparing a systematic tailings drilling and sampling program, currently expected to commence in July 2026."</p> <h2 style="text-align: center;" data-section-id="tbg3kv" data-start="3038" data-end="3080"><span role="text"><strong data-start="3042" data-end="3080">Work Programs Continue at Silver-1</strong></span></h2> <p data-start="3082" data-end="3323"><a href="https://www.trinityonemetals.com/news-media/trinity-one-metals-provides-project-and-corporate-update" target="_blank" rel="noopener">According to the company's July 8 project update</a>, Trinity One has continued advancing the Silver-1 Mine through local field preparation, community engagement, environmental baseline work, and planning for the next stage of technical programs.</p> <p data-start="3325" data-end="3531">The company established a local project office in San Bartolom&eacute; to support community engagement, field logistics, technical coordination, sample handling, and planning for upcoming work programs at Silver-1.</p> <p data-start="3533" data-end="3818">Preparations are continuing for a planned tailings sampling program that is currently expected to begin in August 2026. Trinity One said it is selecting a contractor for the program, which is intended to support a more detailed evaluation of the historic tailings material at <a href="https://www.trinityonemetals.com/silver-1-mine" target="_blank" rel="noopener">Silver-1</a>.</p> <p data-start="3820" data-end="4161">The company also selected a contractor to complete a planned drone magnetic survey at Silver-1, with mobilization expected within the next fortnight. According to the company, the survey is intended to refine its understanding of the project's structural setting and support the generation of high-priority targets for diamond core drilling. [OWNERSHIP_CHART-11633]</p> <p data-start="4163" data-end="4533" data-is-last-node="" data-is-only-node="">In addition, the company recently changed its OTC Basic Market ticker symbol from ARJNF to TOMXF, effective July 9, 2026, to align with its TSX Venture Exchange ticker. Trinity One also adopted a new equity incentive plan approved by shareholders at its June 18, 2026, Annual General and Special Meeting, with final approval remaining subject to the TSX Venture Exchange.</p> <h2 style="text-align: center;"><strong>Ownership &amp; Share Information¹</strong></h2> <p>Trinity One Metals Ltd has a market cap of CA$8.07 million, with 67.23 million shares outstanding. The company's 52-week range is CA$0.04-CA$0.50.</p> <p>Strategic Investors own 4.40% of shares, while Management and Insiders own 4.63%. The remaining 90.97% of shares are held by Retail.</p> <h2 class="PDq2pG_selectionAnchorContainer" style="text-align: center;" data-section-id="1xxf4ds" data-start="318" data-end="325">FAQ</h2> <p data-start="327" data-end="389"><strong data-start="327" data-end="389">What did Trinity One Metals announce at the Silver-1 Mine?</strong></p> <p data-start="391" data-end="662">Trinity One Metals reported the compilation and interpretation of six historic diamond drill holes completed in 1978 at the Silver-1 Mine in Ecuador. The company said the records included multiple high-grade silver, lead, and zinc intersections from the Ocashuaico sector.</p> <p data-start="664" data-end="737"><strong data-start="664" data-end="737">What was the highest silver intercept reported by Trinity One Metals?</strong></p> <p data-start="739" data-end="941">The highest reported historic intercept came from hole SB-18, which returned 2.60 meters grading 1,240 g/t silver, including 0.25 meter grading 8,002 g/t silver, along with lead and zinc mineralization.</p> <p data-start="943" data-end="982"><strong data-start="943" data-end="982">Where is the Silver-1 Mine located?</strong></p> <p data-start="984" data-end="1180">The Silver-1 Mine is located in Ecuador. According to Trinity One Metals, the historic drilling discussed in the announcement was completed in 1978 as part of a United Nations exploration program.</p> <p data-start="1182" data-end="1254"><strong data-start="1182" data-end="1254">What historic drill holes were included in the Silver-1 Mine update?</strong></p> <p data-start="1256" data-end="1390">The update included historic drill holes SB-18, SB-19, SB-20, SB-25, SB-25B, and SB-27 from the Ocashuaico sector of the Silver-1 Mine.</p> <p data-start="1392" data-end="1456"><strong data-start="1392" data-end="1456">Did Trinity One Metals verify the historic drilling results?</strong></p> <p data-start="1458" data-end="1744">The company said the historic results were compiled from original paper records held by Ecuador's Geological and Energy Research Institute (IIGE). Trinity One Metals stated it has not independently verified the results through resampling of the original drill core or confirmation drilling.</p> <p data-start="1746" data-end="1800"><strong data-start="1746" data-end="1800">How deep was historic mining at the Silver-1 Mine?</strong></p> <p data-start="1802" data-end="2076">According to Trinity One Metals, historical mining reportedly reached a maximum depth of about 90 meters between 1989 and approximately 1994. The company said several historic drill intersections occurred at calculated vertical depths greater than the reported mining depth.</p> <p data-start="2078" data-end="2140"><strong data-start="2078" data-end="2140">What metals were identified in the Silver-1 Mine drilling?</strong></p> <p data-start="2142" data-end="2318">The reported historic drill results included silver, lead, and zinc mineralization. Multiple drill holes returned high-grade silver intervals together with lead and zinc values.</p> <p data-start="2320" data-end="2373"><strong data-start="2320" data-end="2373">What is the Shunaste sector at the Silver-1 Mine?</strong></p> <p data-start="2375" data-end="2619">Trinity One Metals said it located additional historic drill logs from the Shunaste sector, where no historical mining is known to have occurred. According to the company, those records are undergoing verification and geological interpretation.</p> <p data-start="2375" data-end="2619"><a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a></p><p>Important Disclosures:</p><ol> <li>James Guttman wrote this article for Streetwise Reports LLC and provides services to Streetwise Reports as an employee. </li> <li> This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company. </li> </ol> <p>For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting" target="_blank" rel="noopener">here.</a></p> <p><strong>1. Ownership and Share Structure Information</strong></p> <p>The information listed above was updated on the date this article was published and was compiled from information from the company and various other data providers.</p><img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=31961"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=31961" width="0" height="0"> <p>( Companies Mentioned: TOM: TSXV;ARJNF:OTCID;5D5:FSE, )</p> Mon, 27 Jul 2026 00:00:00 PST https://www.streetwisereports.com/article/2026/07/27/battle-tested-drone-takes-step-toward-faster-battlefield-targeting.html <p class="articleSource"> <b>Source: <a href="https://www.streetwisereports.com/article/2026/07/27/battle-tested-drone-takes-step-toward-faster-battlefield-targeting.html?utm_medium=feed">Streetwise Reports 07/27/2026</a></b> </p> Red Cat Holdings Inc. (RCAT:NASDAQ) said its Black Widow drone has been integrated with C3A Solutions' OBERON-enabled tactical fires networks to support intelligence and targeting workflows.<p class="PDq2pG_selectionAnchorContainer" data-start="89" data-end="576"><strong><span class="for_co_card_9727">Red Cat Holdings Inc. (RCAT:NASDAQ)</span></strong> announced<a href="https://ir.redcatholdings.com/news-events/press-releases/detail/232/red-cat-and-c3a-advance-black-widow-integration-into-oberon-enabled-fires-networks" target="_blank" rel="noopener"> that it has completed integration work with C3A Solutions to connect its Black Widow small unmanned aircraft system with OBERON-enabled tactical fires networks</a>. According to the company, the integration allows Black Widow to serve as a forward intelligence, surveillance, and reconnaissance (ISR) sensor within connected fires architectures, helping move sensor data, including video and targeting information, into tactical fires workflows.</p> <p data-start="578" data-end="1174">C3A is a tactical systems integration company specializing in digital fires, tactical communications, and operational network integration for Army units at the tactical edge. Its tactical integration portfolio includes support for fire control systems, operational targeting systems, precision fires platforms, tactical radios, laser designators, positioning, navigation and timing devices, and unmanned aerial vehicles. The company said C3A's materials identify Black Widow and OBERON integration across fires and tactical networks as part of its unmanned aerial vehicle integration capabilities.</p> <p data-start="1176" data-end="1570">"Modern battlefield advantage depends on how quickly intelligence can move from detection to decision,"<a href="https://ir.redcatholdings.com/news-events/press-releases/detail/232/red-cat-and-c3a-advance-black-widow-integration-into-oberon-enabled-fires-networks" target="_blank" rel="noopener"> Jason Gunter, vice president of technology and innovation at Red Cat, said in a company news release.</a> "Our work with C3A supports Red Cat's broader vision of moving beyond standalone platforms toward integrated capabilities that connect sensors, systems, and operators at the tactical edge."</p> <p data-start="1572" data-end="1901">Dan Morgan, founder and chief executive officer of C3A Solutions, said in the release, "C3A's strength is translating emerging technology into field-ready capability. Our work with Red Cat helps ensure Black Widow can integrate into the digital fires environment in a way that is practical for soldiers and useful to commanders."</p> <p data-start="1903" data-end="2194">Red Cat said the collaboration reflects its continued focus on interoperability and mission-driven integration across its Family of Systems by working with field-focused integration partners to connect its systems into existing and emerging tactical architectures used by military customers.</p> <div class="qMYqUG_convSearchResultHighlightRoot"> <div class="" data-turn-id-container="request-WEB:b48ddd7f-9365-452e-89db-785a696dfa1a-34" data-is-intersecting="true"> <section class="text-token-text-primary w-full focus:outline-none has-data-writing-block:pointer-events-none [&amp;:has([data-writing-block])&gt;*]:pointer-events-auto R6Vx5W_threadScrollVars scroll-mb-[calc(var(--scroll-root-safe-area-inset-bottom,0px)+var(--thread-response-height))] scroll-mt-[calc(var(--header-height)+min(200px,max(70px,20svh)))]" dir="auto" data-turn-id="request-WEB:b48ddd7f-9365-452e-89db-785a696dfa1a-34" data-turn-id-container="request-WEB:b48ddd7f-9365-452e-89db-785a696dfa1a-34" data-testid="conversation-turn-8" data-turn="assistant"> <div class="text-base my-auto mx-auto pb-15 [--thread-content-margin:var(--thread-content-margin-xs,calc(var(--spacing)*4))] @w-sm/main:[--thread-content-margin:var(--thread-content-margin-sm,calc(var(--spacing)*6))] @w-lg/main:[--thread-content-margin:var(--thread-content-margin-lg,calc(var(--spacing)*16))] px-(--thread-content-margin)"> <div class="[--thread-content-max-width:40rem] @w-lg/main:[--thread-content-max-width:48rem] mx-auto max-w-(--thread-content-max-width) flex-1 group/turn-messages focus-visible:outline-hidden relative flex w-full min-w-0 flex-col agent-turn" data-conversation-screenshot-content=""> <div class="flex max-w-full flex-col gap-4 grow"> <div class="min-h-8 text-message relative flex w-full flex-col items-end gap-2 text-start break-words whitespace-normal outline-none keyboard-focused:focus-ring [.text-message+&amp;]:mt-1" dir="auto" tabindex="0" data-message-author-role="assistant" data-message-id="21596880-fad3-4db2-a0ac-4fc62e93d5bd" data-turn-start-message="true" data-message-model-slug="gpt-5-6-thinking"> <div class="flex w-full flex-col gap-1 empty:hidden"> <div class="markdown prose dark:prose-invert wrap-break-word w-full dark markdown-new-styling"> <h2 class="PDq2pG_selectionAnchorContainer" style="text-align: center;" data-section-id="1oxyucq" data-start="0" data-end="61">Military Drone Market Shifts Toward Scale and Integration</h2> <p data-start="63" data-end="587"><a href="https://www.marketgrowthreports.com/market-reports/unmanned-aircraft-systems-market-118201" target="_blank" rel="noopener">Market Growth Reports said in a July 10 analysis that the global unmanned aircraft systems market was valued at US$38.30 billion in 2025</a> and was projected to reach US$189.57 billion by 2034. The report valued the military segment at US$18.35 billion in 2025 and cited growing defense, border-surveillance, and reconnaissance use. It also noted increasing development of hybrid aircraft, autonomous navigation, advanced sensors, and "full-stack drone ecosystems" combining platforms, payloads, connectivity, and control systems.</p> <p data-start="589" data-end="1176"><a href="https://logisticsviewpoints.com/2026/07/13/defense-drones-are-becoming-an-industrial-supply-chain-race/" target="_blank" rel="noopener">A July 13 Logistics Viewpoints report said the defense-drone market had been moving "from technical experimentation to industrialization."</a> It found that production capacity, secure component sourcing, modular design, and supplier integration had become increasingly important as procurement volumes increased. The report noted that the proposed fiscal 2026 defense budget requested US$13.4 billion for autonomy and autonomous systems, including US$9.4 billion for unmanned and remotely operated aircraft. It added that "The defense-drone race is becoming an industrial supply chain race."</p> <p data-start="1178" data-end="1717" data-is-last-node="" data-is-only-node=""><a href="https://logisticsviewpoints.com/2026/07/13/defense-drones-are-becoming-an-industrial-supply-chain-race/" target="_blank" rel="noopener">MarketsandMarkets reported July 17</a> that the military drones had moved "from a specialized surveillance tool to a core pillar of modern defense strategy," with intelligence, surveillance, and reconnaissance remaining the leading application. It also cited rising defense budgets, tactical drone procurement, and advances in artificial intelligence, autonomy, and swarm technologies.</p> </div> </div> </div> </div> </div> </div> </section> </div> </div> <div class="qMYqUG_convSearchResultHighlightRoot"> <div class="" data-turn-id-container="request-WEB:b48ddd7f-9365-452e-89db-785a696dfa1a-32" data-is-intersecting="true"> <section class="text-token-text-primary w-full focus:outline-none has-data-writing-block:pointer-events-none [&amp;:has([data-writing-block])&gt;*]:pointer-events-auto R6Vx5W_threadScrollVars scroll-mb-[calc(var(--scroll-root-safe-area-inset-bottom,0px)+var(--thread-response-height))] scroll-mt-[calc(var(--header-height)+min(200px,max(70px,20svh)))]" dir="auto" data-turn-id="request-WEB:b48ddd7f-9365-452e-89db-785a696dfa1a-32" data-turn-id-container="request-WEB:b48ddd7f-9365-452e-89db-785a696dfa1a-32" data-testid="conversation-turn-4" data-turn="assistant"> <div class="text-base my-auto mx-auto pb-15 [--thread-content-margin:var(--thread-content-margin-xs,calc(var(--spacing)*4))] @w-sm/main:[--thread-content-margin:var(--thread-content-margin-sm,calc(var(--spacing)*6))] @w-lg/main:[--thread-content-margin:var(--thread-content-margin-lg,calc(var(--spacing)*16))] px-(--thread-content-margin)"> <div class="[--thread-content-max-width:40rem] @w-lg/main:[--thread-content-max-width:48rem] mx-auto max-w-(--thread-content-max-width) flex-1 group/turn-messages focus-visible:outline-hidden relative flex w-full min-w-0 flex-col agent-turn" data-conversation-screenshot-content=""> <div class="flex max-w-full flex-col gap-4 grow"> <div class="min-h-8 text-message relative flex w-full flex-col items-end gap-2 text-start break-words whitespace-normal outline-none keyboard-focused:focus-ring [.text-message+&amp;]:mt-1" dir="auto" tabindex="0" data-message-author-role="assistant" data-message-id="e56b946b-2c84-4cba-ab48-deec99e89832" data-message-model-slug="gpt-5-5" data-turn-start-message="true"> <div class="flex w-full flex-col gap-1 empty:hidden"> <div class="markdown prose dark:prose-invert wrap-break-word w-full dark markdown-new-styling"> <h2 class="PDq2pG_selectionAnchorContainer" style="text-align: center;" data-section-id="eqve63" data-start="0" data-end="56">Analysts Cover Red Cat Following Recent Developments</h2> <p data-start="58" data-end="248">Research firms have continued to publish positive coverage on Red Cat Holdings in recent months, with multiple analysts maintaining Buy ratings and price targets ranging from US$20 to US$25.</p> <p data-start="250" data-end="390"><a href="https://www.perplexity.ai/finance/RCAT/analysis" target="_blank" rel="noopener">On March 3, Ladenburg Thalmann analyst Glenn Mattson reaffirmed a Buy rating on the company and raised his price target to US$20 from US$15.</a></p> <p data-start="392" data-end="995">Needham &amp; Company analyst Austin Bohlig reiterated a Buy rating and US$20 price target in a May 11 research note following Red Cat's announcement of a US$9.5 million purchase order under the U.S. Army's Short Range Reconnaissance (SRR) Program of Record. Bohlig wrote that the award reflected the Army's continued commitment to expanding deployment of small unmanned systems and could represent one of the final orders before the program enters Full Rate Production. He added, "We believe this announcement is another signal pointing to growing global demand for Red Cat's portfolio of unmanned systems."</p> <p data-start="997" data-end="1315">Needham described Red Cat as well-positioned to address increasing demand for defense-grade small ISR drones and characterized the SRR2 opportunity as "a transformational contract for Red Cat." The firm also cited the company's expanding revenue diversification while maintaining its Buy rating and US$20 price target.</p> <p data-start="1317" data-end="1747">Also on May 8, ThinkEquity analyst Ashok Kumar maintained a Buy rating and established a US$25 price target following Red Cat's first-quarter financial results. Kumar noted that first-quarter revenue increased to US$15.5 million from US$1.6 million in the prior-year period, while gross margin improved to 12.7% from negative 52.1%. He wrote, "Q1 validates gross-margin inflection and demand, but not yet the full revenue target."</p> <p data-start="1749" data-end="2314">Kumar identified Black Widow as "the core revenue engine" and highlighted its integration with Anduril Lattice as an important milestone. He also emphasized Army command-and-control interoperability as a key requirement, noting that future Army revenue could depend on maintaining certification and interoperability within Army software architectures. In addition, he discussed the company's maritime initiatives and developments involving FlightWave, Apium, and the proposed Quaze acquisition, concluding that the business remained "investable, but not de-risked."</p> <p data-start="2316" data-end="2660">On May 27, H.C. Wainwright initiated coverage of Red Cat with a Buy rating and a US$20 price target. Analyst Amit Dayal cited the company's portfolio of unmanned aerial and maritime systems, including Black Widow, Edge 130, FANG, and Blue Ops, with a focus on U.S.-manufactured, NDAA-compliant technologies for defense and government customers.</p> <p data-start="2662" data-end="3013" data-is-last-node="" data-is-only-node="">According to Benzinga, as of June 15, Red Cat held a consensus Buy rating from five analyst firms, with an average price target of US$19.60. Benzinga also reported that the most recent analyst action came from Roth Capital, which initiated coverage on June 1 with a Buy rating and a US$25 price target.</p> </div> </div> </div> </div> </div> </div> </section> </div> </div> <h2 style="text-align: center;" data-section-id="4b3mvw" data-start="2196" data-end="2235">Integration and Platform Development</h2> <p data-start="2237" data-end="2797"><a href="https://ir.redcatholdings.com/_assets/_674be88a2ccb72b7dd0d7a70dbc6481a/redcatholdings/db/1160/11383/pdf/RCAT+-+Investor+Presentation+-+June+2026+vFINAL.pdf" target="_blank" rel="noopener">According to the company's June 2026 investor presentation</a>, Red Cat's WEB Controller is designed as a unified command platform enabling interoperability across autonomous systems. The presentation states that swarming is currently used with Black Widow, the platform is designed for interoperability across platforms, integrates through the Android Tactical Assault Kit (ATAK) user interface, and has the potential to serve as the Army's common ground control system while enabling operational efficiency and cost savings.</p> <p data-start="2799" data-end="3348">The presentation also states that Black Widow was awarded the U.S. Army Short Range Reconnaissance Program of Record contract, is designed to provide ISR capabilities to front-line warfighters, and features secure data links, encrypted communications, high-resolution electro-optical and infrared sensors, and end-to-end mission integration support. Production capability includes a 37,000-square-foot manufacturing facility, with approximately 1,200 Black Widow units shipped during the fourth quarter of 2025. [OWNERSHIP_CHART-9727]</p> <p data-start="3350" data-end="4040" data-is-last-node="" data-is-only-node="">In addition to Black Widow, the presentation outlines Red Cat's broader platform portfolio. FANG, introduced in 2025, is described as a family of first-person view small unmanned aircraft systems designed for repeat training and tactical operations. Edge 130 is presented as a hybrid vertical takeoff and landing fixed-wing platform for ISR, mapping, and inspection missions, with newly built facilities to scale production. The company also states that Variant 7, an unmanned surface vessel that entered development in September 2025, is being designed as a modular maritime autonomy platform with approximately 166,000 square feet of production space.</p> <h2 style="text-align: center;"><strong>Ownership and Share Structure¹</strong></h2> <p>The ownership breakdown of Red Cat is 9.12% is held by insiders and management, 44.27% by 336 institutions, and the remainder by retail investors.</p> <p>The largest shareholder overall is the CEO, Thompson, with 8.54%.</p> <p>The company has 151.29 million shares outstanding, a market cap of US$1.162 billion, and a 52-week range of US$5.77 to US$18.78.</p> <h2 class="PDq2pG_selectionAnchorContainer" style="text-align: center;" data-section-id="1r8frcv" data-start="267" data-end="296">Frequently Asked Questions</h2> <p data-start="298" data-end="542"><strong data-start="298" data-end="356">What did Red Cat announce about its Black Widow drone?</strong><br data-start="356" data-end="359" />Red Cat Holdings announced that it completed integration work with C3A Solutions to connect its Black Widow small unmanned aircraft system with OBERON-enabled tactical fires networks.</p> <p data-start="544" data-end="822"><strong data-start="544" data-end="587">What is the Black Widow drone used for?</strong><br data-start="587" data-end="590" />According to Red Cat, Black Widow is designed to serve as a forward intelligence, surveillance, and reconnaissance (ISR) sensor that can move video, targeting information, and other sensor data into connected tactical fires workflows.</p> <p data-start="824" data-end="1051"><strong data-start="824" data-end="872">What is OBERON in military drone operations?</strong><br data-start="872" data-end="875" />OBERON is a tactical fires network. Red Cat said integrating Black Widow with OBERON-enabled networks allows the drone to connect sensor data with tactical fires architectures.</p> <p data-start="1053" data-end="1274"><strong data-start="1053" data-end="1078">Who is C3A Solutions?</strong><br data-start="1078" data-end="1081" />C3A Solutions is a tactical systems integration company specializing in digital fires, tactical communications, and operational network integration for Army units operating at the tactical edge.</p> <p data-start="1276" data-end="1561"><strong data-start="1276" data-end="1345">How does the Black Widow integration support military operations?</strong><br data-start="1345" data-end="1348" />According to Red Cat, the integration enables Black Widow to function as a forward ISR sensor within connected tactical fires architectures, helping move video and targeting information into operational workflows.</p> <p data-start="1563" data-end="1799"><strong data-start="1563" data-end="1588">What is an ISR drone?</strong><br data-start="1588" data-end="1591" />An ISR drone is an unmanned aircraft used for intelligence, surveillance, and reconnaissance missions. </p> <p data-start="1801" data-end="2047"><strong data-start="1801" data-end="1855">Why is ISR important in the military drone market?</strong><br data-start="1855" data-end="1858" />MarketsandMarkets reported that ISR led military drone applications because armed forces continue to prioritize intelligence gathering, tracking, and surveillance across military operations.</p> <p data-start="2049" data-end="2258"><strong data-start="2049" data-end="2099">How large is the global military drone market?</strong><br data-start="2099" data-end="2102" />MarketsandMarkets reported the global military drone market was valued at US$28.05 billion in 2025 and projected it would grow to US$109.22 billion by 2031.</p> <p data-start="2260" data-end="2579"><strong data-start="2260" data-end="2316">What trends are shaping the military drone industry?</strong><br data-start="2316" data-end="2319" />Industry reports cited increasing defense spending, demand for intelligence and reconnaissance, advances in artificial intelligence and autonomy, swarm technologies, modular system design, and greater emphasis on production capacity and supply-chain resilience.</p> <p data-start="2581" data-end="2847"><strong data-start="2581" data-end="2639">What is tactical interoperability for military drones?</strong><br data-start="2639" data-end="2642" />Tactical interoperability refers to a drone's ability to connect with communications systems, sensors and tactical networks so information can be shared across military platforms and operational workflows.</p> <p data-start="2581" data-end="2847"><a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a></p><p>Important Disclosures:</p><ol> <li>As of the date of this article, officers, contractors, shareholders, and/or employees of Streetwise Reports LLC (including members of their household) own securities of Red Cat Holdings Inc. .</li> <li>James Guttman wrote this article for Streetwise Reports LLC and provides services to Streetwise Reports as an employee.</li> <li>This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company. </li> </ol> <p>For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting" target="_blank" rel="noopener">here.</a></p> <p><strong>1. Ownership and Share Structure Information</strong></p> <p>The information listed above was updated on the date this article was published and was compiled from information from the company and various other data providers.</p><img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=31960"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=31960" width="0" height="0"> <p>( Companies Mentioned: RCAT:NASDAQ, )</p> Mon, 27 Jul 2026 00:00:00 PST https://www.streetwisereports.com/article/2026/07/24/novocure-posts-record-q2-revenue-of-us-183-6m.html <p class="articleSource"> <b>Source: <a href="https://www.streetwisereports.com/article/2026/07/24/novocure-posts-record-q2-revenue-of-us-183-6m.html?utm_medium=feed">Streetwise Reports 07/27/2026</a></b> </p> Novocure Ltd. (NVCR:NASDAQ) posted record Q2 2026 revenue of US$183.6 million, up 16% year-over-year, and raised full-year guidance to US$710-US$725 million.<p>An oncology company is catching the attention of life sciences investors after releasing Q2 financial results.</p> <h2 style="text-align: center;">Key Takeaways</h2> <ul> <li>Novocure posted record Q2 2026 revenue of US$183.6 million, up 16% year-over-year on 18% patient growth.</li> <li>Optune Pax received CE Mark approval for pancreatic cancer, with Germany as its first E.U. launch market.</li> <li>Active patients reached 4,636 on Optune Gio, 285 on Optune Pax, and 207 on Optune Lua as of June 30, 2026.</li> <li>Gross margin rose to 78% from 74%, helped by a one-time US$4.9 million tariff refund.</li> <li>Net loss narrowed to US$15.7 million, and adjusted EBITDA turned positive at US$10.8 million.</li> <li>Novocure raised 2026 guidance to US$710&ndash;US$725 million in revenue, with an FDA decision on lung cancer brain metastases expected in Q4 2026.</li> </ul> <h2 style="text-align: center;">Optune Pax Earns European Approval</h2> <p>On July 23, 2026, <strong><span class="for_co_card_10142">Novocure Ltd. (NVCR:NASDAQ)</span></strong> announced <a href="https://www.stockwatch.com/News/Item/U-b20260723853009-U!NVCR-20260723/U/NVCR" target="_blank" rel="noopener">financial results and operational updates</a> from Q2, ending June 30, 2026. "This was our strongest quarter to date, with record net revenues and active patients on therapy," said Frank Leonard, CEO of Novocure. "We continue to launch our therapies in multiple markets, allowing us to bring TTFields therapy to many more patients who can benefit. We are well-positioned to advance our patient-forward mission while driving sustainable growth and making material progress on our path to profitability."</p> <p>Financial highlights are as follows:</p> <ul> <li>Total net revenues for the quarter were US$183.6 million, an increase of 16% compared to the same period in 2025. This increase was primarily driven by active patient growth globally.</li> <ul> <li>The U.S., Germany, France, and Japan contributed US$103.0 million, US$23.3 million, US$21.3 million, and US$11.8 million, respectively, with other active markets contributing US$18.2 million.</li> <ul> <li>US$2.8 million in net revenue was recognized from one-time benefits in the U.S., Germany, and France.</li> </ul> <li>Net revenue from Optune Lua and Optune Pax in the quarter was US$7.0 million.</li> <ul> <li>Recognized revenue from Optune Lua in the quarter was US$5.4 million. The U.S., Germany, and Japan contributed US$1.9 million, US$1.7 million, and US$1.8 million, respectively.</li> <li>Recognized revenue from Optune Pax in the quarter was US$1.6 million.</li> </ul> <li>Revenue in Greater China from Novocure's partnership with Zai Lab totaled US$6.0 million.</li> </ul> <li>Gross margin for the quarter was 78% compared to 74% in the prior year. Cost of revenues in the quarter benefited from a one-time US$4.9 million tariff refund.</li> <li>Research, development, and clinical study expenses for the quarter were US$51.4 million, a decrease of 8% from the same period in 2025. This decrease was primarily driven by lower direct clinical trial expenses from completed trials.</li> <li>Sales and marketing expenses for the quarter were US$61.7 million, an increase of 8% compared to the same period in 2025. This increase was primarily driven by costs associated with the launch of Optune Pax in the U.S. and Optune Lua in Japan.</li> <li>General and administrative expenses for the quarter were US$39.9 million, a decrease of 9% compared to the same period in 2025. This decrease was primarily driven by lower share-based compensation expenses.</li> <li>Net loss for the quarter was US$15.7 million with a loss per share of US$0.13.</li> <li>Adjusted EBITDA for the quarter was US$10.8 million.</li> <li>Cash, cash equivalents, and short-term investments were US$440.6 million as of June 30, 2026.</li> </ul> <p>The company's 2026 financial guidance has been updated to reflect a total net revenue of US$710 million to US$725 million, an increase from the previously expected US$690 million to US$710 million. This guidance assumes full-year, mid-to-high single-digit net revenue growth from Optune Gio, favorable foreign exchange rates, and a consistent gross quarterly margin in the mid-70^th percentile.</p> <p>Operational highlights are as follows:</p> <ul> <li>As of June 30, 2026, there were 5,128 total active patients on TTFields therapy globally.</li> <li>Optune Gio: As of June 30, 2026, there were 4,636 active patients on Optune Gio, an increase of 11% from the same period in 2025. The U.S., Germany, France, and Japan contributed 2,341, 637, 471, and 553 active patients, respectively, with 634 active patients contributed by other active markets.</li> <li>Optune Lua: As of June 30, 2026, there were 207 active patients on Optune Lua, an increase of 51% from the same period in 2025. The U.S., Germany, France, and Japan contributed 99, 38, 1, and 64 active patients, respectively, with 5 active patients contributed by other active markets.</li> <li>Optune Pax: 418 prescriptions for Optune Pax were received in the quarter. As of June 30, 2026, there were 285 active patients on Optune Pax in the U.S.</li> </ul> <p>In an update, Novocure announced that Optune Pax has received the CE Mark for treating adult patients with locally advanced pancreatic cancer of exocrine origin concomitant with gemcitabine and nab-paclitaxel (gem/nab-pac) in accordance with guideline recommendations.</p> <p>Based in Switzerland, NovoCure is a global oncology company focused on extending survival and improving quality of life in someone the most aggressive cancers. Its proprietary therapy uses Tumor Treating Fields (TTFields), which are approved mainly for glioblastoma, pancreatic cancer, non-small cell lung cancer, malignant pleural mesothelioma, and pleural mesothelioma.</p> <h2 style="text-align: center;">Cancer Cases Rise, Treatment Costs Climb</h2> <p>The global cancer treatment sector, unfortunately, shows no signs of shrinking. <a href="https://finance.yahoo.com/sectors/healthcare/articles/cancer-stocks-buy-innovation-reshapes-131800747.html" target="_blank" rel="noopener">A March 26, 2026, article by Kinjel Shah for Yahoo Finance claimed that cancer incidences were rising</a>. He quoted the American Cancer Society as expecting 2.1 million new cancer cases and over 626,000 cancer-related deaths in 2026. However, technology is ever-evolving to keep up with the disease.</p> <p>Shah wrote, "Emerging technologies such as genomic sequencing, artificial intelligence, and machine learning are accelerating biomarker discovery, enhancing patient stratification, and enabling earlier and more accurate diagnoses. While a universal cure remains out of reach, consistent improvements in survival rates and patient outcomes across multiple cancer types highlight the tangible benefits of these advances, particularly when combined with earlier detection and intervention."</p> <p>This innovation comes at a price. In February 2026, <a href="https://www.fool.com/investing/stock-market/market-sectors/healthcare/cancer-stocks/" target="_blank" rel="noopener">Keith Speights wrote an article for The Motley Fool discussing rising care cost</a>s, stating that cancer treatments in the U.S. cost roughly US$200 billion in 2020 but are expected to increase to more than US$245 billion by 2030.</p> <p>Many in the pharma sector have been cutting research and development (R&amp;D) costs since the pandemic, citing lower returns. "R&amp;D work on complex, expensive therapies could taper off as companies prioritize already or nearly commercialized drugs, and companies may further consolidate roles to maintain leaner operations," <a href="https://www.bdo.com/insights/industries/life-sciences/2026-life-sciences-predictions" target="_blank" rel="noopener">argued BDO at the beginning of 2026</a>. But some companies, like NovoCure, are still investing heavily in drug development. This type of research is necessary. In February 2026, <a href="https://www.iqvia.com/insights/the-iqvia-institute/reports-and-publications/reports/global-medicine-use-trends-2026" target="_blank" rel="noopener">Iqvia discussed the global pharma market projection for 2026</a>, noting that total drug usage is expected to approach four trillion defined daily doses by 2030. They wrote, "The largest drivers of medicine spending growth through the next five years will continue to be the use in developed markets of innovative therapeutics, especially in oncology, immunology, diabetes, and obesity."</p> <h2 style="text-align: center;">Neutral or Buy?</h2> <p>Prior to this news, on July 13, 2026, <a href="https://www.marketbeat.com/stocks/NASDAQ/NVCR/forecast/" target="_blank" rel="noopener">Jessica Frye of JPMorgan Chase &amp; Co. initiated coverage on the company</a>, issuing a "Neutral" rating with a price target of US$17.00.</p> <p>On July 23, 2026, Chen Lin of <em>What is Chen Buying? What is Chen Selling?</em> wrote about Novocure, saying: "NVCR exploded today on good earnings data. This was one of my table pounders last year at the tax loss selling season. It was trading at around US$10 today, and it broke US$20. I met NVCR's CEO last year; she was buying the stock and told me how deeply she believed in it. I am not calling NVCR to go back to US$100 or US$200, but US$30-US$50 as it continues to progress is very possible. Maybe we will have a buyout one day. I can take profits and put money into miners at my own pace."</p> <p>Two separate analysts weighed in on the company on the same day. First, David Nierengarten, Ph.D., of Wedbush reiterated a "Neutral" rating while raising the stock's price target from US$18 to US$20. Nierengarten wrote: "We continue to believe that any substantial growth in the near-term must come from beyond the core GBM franchise, especially given TRIDENT's failure. We remain in a wait-and-see stance as we look for evidence of durable adoption and broader franchise expansion across Pax and Lua."</p> <p>H.C. Wainwright &amp; Co.'s Emily Bodnar had a more optimistic viewpoint, though, reiterating a "Buy" rating but raising its price target to US$52. Bodnar argued: "We note that this is the second time the company has revised guidance in 2026, demonstrating sustained growth across all marketed therapies, and indicating the strength of the company's commercial capabilities."</p> <h2 style="text-align: center;">FDA Brain Metastases Decision Due Q4</h2> <p>According to the company's <a href="https://investor.novocure.com/" target="_blank" rel="noopener">investor presentation</a>, in Q4 2026, NovoCure anticipates a decision from the FDA on its premarket approval application for the use of TTFields therapy as a treatment for brain metastases. Finally, to round out the year, the company hopes to complete enrollment for its Phase 3 KEYNOTE D58 trial for newly diagnosed glioblastoma patients.</p> <h2 style="text-align: center;">Ownership &amp; Share Information¹</h2> <p>Novocure Ltd. has a market cap of US$2.32 billion, with 115.82 million shares outstanding. The company's 52-week range is US$9.82-US$20.55. Institutions own 86.68% of shares, and Management &amp; Insiders own 9.95%. The remaining 3.37% of shares are held by Retail. [OWNERSHIP_CHART-10142]</p> <h2 style="text-align: center;">Frequently Asked Questions</h2> <p><strong>Q: What are Tumor Treating Fields (TTFields)?</strong></p> <p>A: Tumor Treating Fields (TTFields) are a non-invasive cancer treatment that uses low-intensity electric fields to interfere with cancer cell division. The therapy is delivered through adhesive arrays placed on the skin near the tumor and is designed to slow or stop cancer growth while minimizing damage to healthy cells.</p> <p><strong>Q: What is a CE Mark?</strong></p> <p>A: A CE Mark is a certification that allows a medical device or certain medicines to be marketed in the European Economic Area (EEA). It shows that the product meets European safety, health, and performance standards, although it is separate from approval by the U.S. Food and Drug Administration (FDA).</p> <p><strong>Q: What is an FDA premarket approval (PMA)?</strong></p> <p>A: Premarket Approval (PMA) is the FDA's review process for certain high-risk medical devices. Companies must provide evidence that the device is safe and effective before it can be marketed in the United States. A positive PMA decision is often a major milestone for medical device companies.</p> <p><strong>Q: What is EBITDA?</strong></p> <p>A: EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a financial measure that helps investors understand how profitable a company's core business is before accounting for financing costs and certain non-cash expenses.</p> <p><strong>Q: Why do investors pay attention to quarterly earnings reports?</strong></p> <p>A: Quarterly earnings reports show how a company performed over the previous three months. Investors use them to evaluate revenue growth, profitability, cash reserves, and business progress, which can influence expectations for the company's future performance.</p> <p><a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a></p><p>Important Disclosures:</p><ol> <li>Cori Fisher wrote this article for Streetwise Reports LLC and provides services to Streetwise Reports as an employee. </li> <li> This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company. </li> <li><span class="med_adv">This article does not constitute medical advice. Officers, employees and contributors to Streetwise Reports are not licensed medical professionals. Readers should always contact their healthcare professionals for medical advice.</span></li> </ol> <p>For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting">here.</a></p> <p><strong>1. Ownership and Share Structure Information</strong></p> <p>The information listed above was updated on the date this article was published and was compiled from information from the company and various other data providers.</p><img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=31958"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=31958" width="0" height="0"> <p>( Companies Mentioned: NVCR:NASDAQ, )</p> Mon, 27 Jul 2026 00:00:00 PST https://www.streetwisereports.com/article/2026/07/24/athabasca-basin-uranium-play-expands-land-by-149000-hectares.html <p class="articleSource"> <b>Source: <a href="https://www.streetwisereports.com/article/2026/07/24/athabasca-basin-uranium-play-expands-land-by-149000-hectares.html?utm_medium=feed">Streetwise Reports 07/24/2026</a></b> </p> Skyharbour Resources grows its Athabasca Basin uranium portfolio with 149,000 new hectares. See why the prospect generator model and core drilling programs position the company for retail investors.<p><span id="link_copy_6026"><a href="https://www.streetwisereports.com/pub/co/6026?utm_medium=feed" target="_blank" rel="noopener">Skyharbour Resources Ltd. (SYH:TSX.V; SYHBF:OTCQX; SC1P:FSE)</a></span> has positioned itself as a notable Athabasca Basin uranium explorer through a substantial land expansion that adds scale to an already sizable portfolio. The move comes as nuclear power demand forecasts strengthen globally and domestic U.S. capacity targets rise sharply.</p> <h2 style="text-align: center;">Uranium Market Tailwinds Create Timely Opportunity</h2> <p>Global nuclear capacity projections from the <a href="https://www.iaea.org/newscenter/news/six-global-trends-in-nuclear-power-you-should-know" target="_blank" rel="noopener">International Atomic Energy Agency</a> point to a potential doubling by 2050. U.S. policy support has intensified with executive orders targeting 400 gigawatts of domestic nuclear capacity by mid-century. These trends underscore rising uranium requirements and the strategic value of exploration ground in top-tier jurisdictions such as Saskatchewan's Athabasca Basin.</p> <h2 style="text-align: center;">Why Skyharbour Resources Stands Out Now</h2> <p>The company executed a low-cost staking campaign that added 46 mineral claims covering roughly 149,439 hectares. This brings the total land position to 682,100 hectares across 44 uranium properties. The scale provides a broad inventory of ground that can be advanced through partnerships rather than solely company-funded work.</p> <h2 style="text-align: center;">Key Investor Takeaways</h2> <ul> <li>Skyharbour added 149439 hectares via 46 claims forming ten new or reacquired projects in the Athabasca Basin.</li> <li>Total portfolio now reaches 682100 hectares across 44 properties, creating more optionable ground for joint ventures.</li> <li>Core 2026 drilling exceeds 30000 meters focused on Moore and Russell Lake assets with multiple high-grade historical intercepts.</li> <li>The prospect generator model aims to attract partner funding while retaining royalties, equity, and minority interests potentially worth over CA$76 million in exploration spend.</li> <li>Analyst coverage includes a recent Buy rating and CA$1.00 target price, highlighting blue-sky exploration upside with reduced dilution risk.</li> <li>Market cap of CA$88.46 million and 221.15 million shares outstanding offer leverage to uranium sector momentum.</li> </ul> <h2 style="text-align: center;">Unique Business Model Limits Shareholder Dilution</h2> <p>Skyharbour employs a prospect generator approach that options or joint-ventures secondary projects to partners. In return the company secures cash share payments royalties and equity stakes. The recent claim additions increase the number of properties available for such deals without requiring immediate exploration capital from Skyharbour itself.</p> <h2 style="text-align: center;">New Claims Add Scale and Historical Prospectivity</h2> <p>The staking includes projects such as Carswell East, Carswell North, Cree North, Rapids, Carter West, Ford Lake, LEB Perpete Iris, plus expansions to Bennett, Carter North, and Elevator. Several areas carry prior high-grade uranium results, including 7.22 percent U3O8 over 0.9 meters at Pine and elevated gold values nearby. The LEB project shows historical grab samples up to 796 ppm uranium.</p> <p>On July 23, 2026, Skyharbour announced <a href="https://www.stockwatch.com/News/Item/Z-C!SYH-3843769/C/SYH" target="_blank" rel="noopener">the acquisition of 46 new mineral claims</a>. A map of the new claims can be found <a href="https://www.globenewswire.com/Tracker?data=isoooK_aJWRGEi59nMJnxiaWkhzc_fkH3WedwVmBDi_CiCSyHBYV0LRL49t5oISOXDR0C_CucRi2WqKUwHnVV6iwZEPBmxH3FcmMwhnqFNkk4z7VBa2RZ_SvOJ5LCSYiz7fYSJq2z7lOCX8UlYa5QFlz3gkVDgP2W7JHImVQajgCEGfCeFHi8qJyqoZ6QR8D4iK9whKCKaLcvG81XOlyFGsPJvRZiky4KK6bBQP5W9impmKC1dOQn_d09Ds1-mK3hdkjEFkIchZnIAmB_4yMNA==" target="_blank" rel="noopener">here</a>.</p> <h2 style="text-align: center;">Active Drilling Programs Anchor 2026 Catalyst Pipeline</h2> <p>Exploration remains centered on the Moore Uranium Project and the Russell Lake joint venture with Denison Mines. More than 8000 to 10000 meters are planned at Moore, testing multiple corridors and extensions with historical intercepts up to 6.0 percent U3O8 over 5.9 meters. At Russell Lake, over 15000 meters are budgeted, including partner-funded drilling near known deposits.</p> <h2 style="text-align: center;">Analyst Views Highlight Partnership Advantages</h2> <p>Haywood Capital Markets initiated coverage with a Buy rating and CA$1.00 per share target, citing the Denison partnership at Russell Lake and the prospect generator model's ability to minimize dilution.</p> <h2 style="text-align: center;">Share Structure and Ownership Profile</h2> <p>Skyharbour Resources Ltd. has a market cap of CA$88.46 million with 221.15 million shares outstanding. The 52-week range stands at CA$0.28 to CA$0.66.</p> <p>¹Institutions hold 29.98 percent, management and insiders own 3.13 percent, and retail investors account for the remaining 66.89 percent. [OWNERSHIP_CHART-6026]</p> <h2 style="text-align: center;">Common Questions from Investors</h2> <p><strong>Q: How does the prospect generator model work for retail investors?</strong></p> <p>A: Partners fund exploration on selected projects while Skyharbour retains royalty equity and potential cash payments, reducing the need for dilutive financings.</p> <p><strong>Q: What makes the Athabasca Basin attractive compared with other uranium districts?</strong></p> <p>A: It hosts the world's highest-grade unconformity-style deposits and benefits from established infrastructure and a stable regulatory environment in Saskatchewan.</p> <p><strong>Q: Are the newly staked claims part of the current drilling program?</strong></p> <p>A: No, the new claims are separate from the Moore and Russell Lake programs and will be advanced primarily through future partnerships.</p> <p><strong>Q: What risks should investors consider with junior uranium explorers?</strong></p> <p>A: Exploration results can be variable, commodity prices fluctuate, and additional funding may be required. Partnerships help mitigate but do not eliminate these factors.</p> <p>The expanded land position, combined with ongoing drilling and a partnership-focused strategy, gives Skyharbour multiple avenues to participate in rising uranium demand while managing capital exposure for shareholders.</p> <p>[SMNLINSERT]</p><p>Important Disclosures:</p><ol> <li>Skyharbour Resources Ltd. is a billboard sponsor of Streetwise Reports and pays SWR a monthly sponsorship fee between US$3,000 and US$6,000.</li> <li>Jordan Nova wrote this article for Streetwise Reports LLC and provides services to Streetwise Reports as an employee.</li> <li> This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company. </li> </ol> <p>For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting">here.</a></p> <p><strong>1. Ownership and Share Structure Information</strong></p> <p>The information listed above was updated on the date this article was published and was compiled from information from the company and various other data providers.</p><img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=31956"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=31956" width="0" height="0"> <p>( Companies Mentioned: SYH:TSX.V; SYHBF:OTCQX; SC1P:FSE, )</p> SYH:TSX.V; SYHBF:OTCQX; SC1P:FSE Fri, 24 Jul 2026 00:00:00 PST https://www.streetwisereports.com/article/2026/07/24/us-listed-rare-disease-biotech-hit-with-full-clinical-hold-data-unblinding-ahead.html <p class="articleSource"> <b>Source: <a href="https://www.streetwisereports.com/article/2026/07/24/us-listed-rare-disease-biotech-hit-with-full-clinical-hold-data-unblinding-ahead.html?utm_medium=feed">Dr. Raghuram Selvaraju 07/24/2026</a></b> </p> A full FDA clinical hold covers all studies of this hyperphagia candidate, and the company plans to unblind Phase 3 data. An analyst warned the trial "may need to be repeated in its entirety."<p class="font-claude-response-body break-words whitespace-normal" dir="ltr">On July 20, 2026, analyst Raghuram Selvaraju, Ph.D., of H.C. Wainwright &amp; Co. reiterated a Neutral rating and instituted a US$6.00 per share price target on <strong><span class="for_co_card_11659">Aardvark Therapeutics Inc. (AARD:NASDAQ)</span></strong>, implying roughly 2% upside from the July 17, 2026, closing price of US$5.86, following the imposition of a full U.S. Food and Drug Administration (FDA) clinical hold on the company's lead asset, ARD-101, and the company's plan to unblind accumulated clinical data.</p> <h2 class="font-claude-response-body break-words whitespace-normal" dir="ltr" style="text-align: center;"><strong>Clinical Hold and Planned Data Unblinding</strong></h2> <p class="font-claude-response-body break-words whitespace-normal" dir="ltr">Selvaraju reminded investors that the FDA earlier this year placed a full clinical hold on Aardvark's Investigational New Drug (IND) application for ARD-101, tied to the company's previously disclosed voluntary pause in development of the asset. The hold covers all clinical studies conducted under the IND, including the Phase 3 HERO trial (AVK-101-301) evaluating ARD-101 for hyperphagia in patients with Prader-Willi Syndrome (PWS) and the Phase 3 open-label extension (OLE) study (AVK-101-302). Aardvark remains in active discussions with the FDA on resolving the hold and establishing a path forward for the program.</p> <p class="font-claude-response-body break-words whitespace-normal" dir="ltr">Alongside those discussions, the company intends to unblind clinical data gathered to date across both HERO and the OLE trial in order to weigh the totality of efficacy and safety information and inform its decision on next steps. As of February 27, 2026, 68 patients had been dosed in the randomized controlled HERO trial and 19 patients in the OLE trial. The analyst noted that the near-term unblinding could provide a sufficient basis for lifting the restrictions.</p> <h2 class="font-claude-response-body break-words whitespace-normal" dir="ltr" style="text-align: center;"><strong>Development Timeline Impact</strong></h2> <p class="font-claude-response-body break-words whitespace-normal" dir="ltr">While the ultimate consequences of the hold cannot be assessed with certainty, Selvaraju speculated that "the HERO trial may need to be repeated in its entirety even under a best-case scenario," though he pointed out that the study's evaluation period runs only 12 weeks. Conservatively, he estimated the hold &mdash; even if lifted later this year &mdash; could extend the ARD-101 development timeline in PWS by 18 to 24 months. No patients had been dosed in any study of the fixed-dose combination candidate ARD-201, which incorporates ARD-101, but the fate of that combination remains uncertain for as long as the ARD-101 hold stands.</p> <h2 class="font-claude-response-body break-words whitespace-normal" dir="ltr" style="text-align: center;"><strong>Financial Position and Estimates</strong></h2> <p class="font-claude-response-body break-words whitespace-normal" dir="ltr">Aardvark closed 1Q26 with US$91.2 million in cash, cash equivalents and marketable securities and no debt, resources management expects to fund operations into mid-2027. That equates to US$4.17 in cash per share against a book value of US$3.99 per share, with 21.9 million shares outstanding, a market capitalization of US$128 million, and an enterprise value of US$37 million.</p> <p class="font-claude-response-body break-words whitespace-normal" dir="ltr">For 1Q26, the company reported research and development expense of US$16.6 million and general and administrative expense of US$5.9 million, producing a net loss of US$21.6 million, or US$0.99 per share. H.C. Wainwright models a full-year 2026 net loss of US$83.1 million, or US$3.80 per share, narrowing to US$51.2 million, or US$1.98 per share, in 2027. No revenue is forecast in either year.</p> <h2 class="font-claude-response-body break-words whitespace-normal" dir="ltr" style="text-align: center;"><strong>Valuation and Risks</strong></h2> <p class="font-claude-response-body break-words whitespace-normal" dir="ltr">The price target rests on a discounted cash flow methodology applying a 12% discount rate and a 2% terminal growth rate, combined with downwardly revised probabilities of approval for ARD-101 &mdash; now 20% in PWS, 10% in hypothalamic obesity (HO), and 5% in mass-market obesity via the ARD-201 combination regimen. Those inputs generate an enterprise value of approximately US$168 million and a total firm value of US$200 million, equating to US$6.00 per share on an assumed 31.9 million fully diluted shares as of mid-2027.</p> <p class="font-claude-response-body break-words whitespace-normal" dir="ltr">Risks flagged in the report include failure to lift the existing clinical hold, negative results from the Phase 3 HERO trial, inability to secure timely approval in PWS, failure to generate positive data from the Phase 2 HONOR trial in HO, or the Phase 2 ARD-201 studies in mass-market obesity, partnership risks, geopolitical risks, and possible medium-term equity dilution.</p> <p class="font-claude-response-body break-words whitespace-normal" dir="ltr">Shares of Aardvark Therapeutics traded at US$5.86 as of July 17, 2026, within a 52-week range of US$3.35 to US$17.94. Reaching the US$6.00 target would deliver a return of approximately 2%.</p> <p class="font-claude-response-body break-words whitespace-normal" dir="ltr">Also referenced in the report was Rhythm Pharmaceuticals, Inc. (RYTM:NASDAQ), which H.C. Wainwright rates Buy with a US$105.00 price target; the stock was priced at US$106.60 with a market capitalization of US$7.31 billion as of July 17, 2026.</p> <p class="font-claude-response-body break-words whitespace-normal" dir="ltr"><a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a></p><p>Important Disclosures:</p><ol> <li> This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company. </li> <li><span class="med_adv">This article does not constitute medical advice. Officers, employees and contributors to Streetwise Reports are not licensed medical professionals. Readers should always contact their healthcare professionals for medical advice.</span></li> </ol> <p>For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting">here.</a></p><img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=31955"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=31955" width="0" height="0"> <p>( Companies Mentioned: AARD:NASDAQ, )</p> Fri, 24 Jul 2026 00:00:00 PST https://www.streetwisereports.com/article/2026/07/24/durango-silver-project-delivers-high-grade-oxide-hits-at-la-parrilla.html <p class="articleSource"> <b>Source: <a href="https://www.streetwisereports.com/article/2026/07/24/durango-silver-project-delivers-high-grade-oxide-hits-at-la-parrilla.html?utm_medium=feed">Streetwise Reports 07/24/2026</a></b> </p> Silver Storm Mining advances its La Parrilla restart in Durango with strong oxide drill results that could extend resources near surface. Discover the latest catalysts for this Mexico silver opportunity.<p>Silver prices are attracting fresh retail investor interest as industrial demand from electric vehicles, solar energy, and data centers continues to climb. Within this environment, <strong><span class="for_co_card_11084">Silver Storm Mining Ltd (SVRS:TSXV; SVRSF:OTCQX; SVR:FSE)</span></strong> is positioning its 100%-owned La Parrilla Silver Mine Complex in Durango, Mexico, as a near-term production story with meaningful exploration upside.</p> <h2 style="text-align: center;">Why La Parrilla Stands Out for Resource Growth</h2> <p>The company recently reported results from a 20-hole infill and exploration program focused on the San Marcos oxide zone. These intercepts demonstrate the potential to expand both Indicated and Inferred Resources closer to surface along a 425 m strike length. Because the new mineralization sits near existing underground development that is already being rehabilitated, any ounces added could be among the first tonnes processed once operations ramp up.</p> <h2 style="text-align: center;">Key Investor Takeaways</h2> <ul> <li>Recent oxide intercepts at San Marcos show high-grade silver equivalent values close to existing workings, supporting potential resource growth.</li> <li>Five-year SEMARNAT permits for 13 new drill pads at San Marcos add to earlier approvals and enable continued surface drilling.</li> <li>La Parrilla carries a relatively short modeled mine life, so near-surface oxide additions could be highly accretive to net asset value.</li> <li>Red Cloud Securities maintains a Buy rating with a CA$0.80 target price after reviewing the latest results.</li> <li>Non-dilutive financing from <strong><span class="for_co_card_406">First Majestic Silver Corp. (AG:TSX; AG:NYSE; FMV:FSE)</span></strong> provides working capital for the restart without immediate share dilution.</li> <li>93 holes completed to date with two underground rigs and one surface rig still active, ensuring steady news flow through the remainder of 2026.</li> </ul> <h2 style="text-align: center;">Drill Highlights from the San Marcos Oxide Zone</h2> <p>On July 22, 2026, Silver Storm announced <a href="https://www.stockwatch.com/News/Item/Z-C!SVRS-3843251/C/SVRS" target="_blank" rel="noopener">drill results</a> from the past-producing San Marcos underground mine. Central-zone hole EDP-SM-26-006 returned 328 g/t AgEq over 15.35 m (estimated true width 11.76 m), including 1,461 g/t AgEq over 2.00 m. Northern-zone hole IDP-SM-26-003A intersected 661 g/t AgEq over 3.70 m (ETW 3.48 m), including 1,231 g/t AgEq over 1.60 m. Southern-zone results, such as IDP-SM-26-017, added 468 g/t AgEq over 2.85 m. All widths are core lengths; assays remain uncut and undiluted. Silver equivalent grades use US$30/oz Ag, US$2,500/oz Au, US$0.95/lb Pb, and US$1.25/lb Zn with 70.1% silver and 82.8% gold oxide recoveries.</p> <h2 style="text-align: center;">Permitting and Ongoing Drilling Program</h2> <p>The company secured five-year SEMARNAT permits for 13 new surface drill pads at San Marcos, complementing earlier approvals. With 93 holes totaling roughly 9,395 m completed, management plans follow-up drilling from the newly permitted pads to test the near-surface oxide potential further. Two underground rigs and one surface rig remain active.</p> <h2 style="text-align: center;">Silver Market Tailwinds Support Sector Timing</h2> <p>Silver is recovering after <a href="https://tradingeconomics.com/commodity/silver" target="_blank" rel="noopener">markets reduced bets on Federal Reserve rate hikes after disappointing U.S. jobs data</a>. Lower-than-expected employment figures and easing geopolitical tensions around oil shipments helped prices stabilize. <a href="https://finance.yahoo.com/personal-finance/investing/article/silver-price-predictions-what-should-investors-expect-over-the-next-decade-130000645.html" target="_blank" rel="noopener">Yahoo Finance</a> cited BlackRock and J.P. Morgan forecasts that silver could exceed US$80/oz by the end of 2026 and reach US$100/oz by 2030. Broader metals prices are also projected to rise, according to <a href="https://www.recyclingtoday.com/news/world-bank-base-precious-metals-price-increases-2026-forecast/" target="_blank" rel="noopener">Brian Taylor of <em>Recycling Today.</em></a></p> <h2 style="text-align: center;">Views and Valuation Context</h2> <p>Red Cloud Securities viewed the San Marcos results positively, noting that resource additions near existing development could extend the modeled 6.5-year life of mine and prove highly accretive. The firm maintained its Buy rating and CA$0.80 per share target.</p> <p><a href="https://thegoldadvisor.com/silver-stock-investor/newsletters/summer-doldrums-ending/#ss" target="_blank" rel="noopener">Peter Krauth for the Silver Stock Investor</a> highlighted the non-dilutive US$5 million unsecured loan from <strong><span class="for_co_card_406">First Majestic Silver Corp. (AG:TSX; AG:NYSE; FMV:FSE)</span></strong> as additional working capital that supports the restart timeline without immediate equity issuance.</p> <h2 style="text-align: center;">Restart Timeline and Upcoming Catalysts</h2> <p>According to the company's <a href="https://www.silverstorm.ca/" target="_blank" rel="noopener">investor presentation</a>, key milestones include additional drill results and a production ramp-up targeted for Q3 2026. The oxide circuit offers simpler processing compared with the sulphide flotation flowsheet, potentially allowing early cash flow from near-surface material.</p> <h2 style="text-align: center;">Share Structure and Ownership</h2> <p>Silver Storm Mining Ltd. has a market capitalization of CA$348.01 million based on 809.33 million shares outstanding. The 52-week trading range spans CA$0.14 to CA$0.80.</p> <p>¹Institutions hold 10.31%, strategic investors 27.40%, management and insiders 1.64%, and retail investors the remaining 60.65%. [OWNERSHIP_CHART-11084]</p> <h2 style="text-align: center;">Common Questions from Investors</h2> <p><strong>Q: What is silver equivalent (AgEq)?</strong></p> <p>A: Silver equivalent converts the value of multiple metals into a single silver grade, allowing investors to compare drill intercepts more easily.</p> <p><strong>Q: Why are oxide zones important at La Parrilla?</strong></p> <p>A: Oxide material typically requires simpler processing than sulphide ore and can be brought into production more quickly when located near existing development.</p> <p><strong>Q: What does the Red Cloud target price imply?</strong></p> <p>A: The CA$0.80 target reflects the analyst's view of potential net asset value growth if near-surface oxide resources are successfully added to the mine plan.</p> <p><strong>Q: How does the First Majestic loan affect shareholders?</strong></p> <p>A: The non-dilutive US$5 million facility provides restart capital with repayments beginning after 15 months and no early-repayment penalty, limiting immediate share dilution.</p> <p>Silver Storm continues to advance its Durango asset with disciplined drilling and permitting progress. Retail investors should monitor upcoming assay results and the Q3 production ramp-up for further clarity on the project's trajectory.</p> <p><a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a></p><p>Important Disclosures:</p><ol> <li>Jordan Nova wrote this article for Streetwise Reports LLC and provides services to Streetwise Reports as an employee.</li> <li> This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company. </li> </ol> <p>For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting">here.</a></p> <p><strong>1. Ownership and Share Structure Information</strong></p> <p>The information listed above was updated on the date this article was published and was compiled from information from the company and various other data providers.</p><img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=31954"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=31954" width="0" height="0"> <p>( Companies Mentioned: SVRS:TSXV;SVRSF:OTCQX;SVR:FSE, )</p> Fri, 24 Jul 2026 00:00:00 PST https://www.streetwisereports.com/article/2026/07/24/athabasca-basin-uranium-play-expands-coyote-targets-with-fresh-gravity-data.html <p class="articleSource"> <b>Source: <a href="https://www.streetwisereports.com/article/2026/07/24/athabasca-basin-uranium-play-expands-coyote-targets-with-fresh-gravity-data.html?utm_medium=feed">Streetwise Reports 07/24/2026</a></b> </p> Stallion Uranium identifies five new high-priority drill targets at Coyote in the southwestern Athabasca Basin. See how integrated geophysics and tight uranium markets create opportunity for investors.<p>The global uranium market is experiencing structural tightness driven by rising long-term demand from AI data centers, electrification, and clean-energy policies. Utilities face growing uncovered requirements while long-term prices recently reached their highest level in nearly two decades.</p> <p>Against this backdrop, <strong><span class="for_co_card_10167">Stallion Uranium Corp. (STUD:TSX; STLNF:OTCQB; FE0; FSE)</span></strong><span class="for_co_card_10167"> </span>has delivered meaningful exploration progress at its Coyote target. The company completed an expanded ground gravity survey that outlined five integrated target areas and lengthened the prospective strike of the Coyote corridor inside the Moonlite Project, a joint venture with <strong>ATHA Energy Corp. (SASK:TSX.V; SASKF:OTCMKTS; X5U:FRA)</strong> in the southwestern Athabasca Basin.</p> <h2 style="text-align: center;">Why Stallion Stands Out in a Competitive Basin</h2> <p>Stallion has systematically layered multiple geophysical datasets over the Coyote corridor. The latest gravity work builds directly on prior MobileMT, ground TDEM, magnetic, and structural surveys, producing a refined three-dimensional model that highlights gravity lows at structural intersections. These settings are recognized as favorable for basement-hosted uranium deposits in the Athabasca Basin.</p> <h2 style="text-align: center;">Integrated Geophysics Reduces Risk and Defines Targets</h2> <p>The expanded survey covered the full interpreted conductive corridor and identified discrete gravity low anomalies spatially associated with electromagnetic conductors. <a href="https://www.stallionuranium.com/news/news-releases/stallion-uranium-identifies-multiple-new-high-priority-uranium-drill-targets-at-coyote-from-integrated-geophysics" target="_blank" rel="noopener">The completion of an expanded ground gravity survey at its Coyote target, which identified multiple new high-priority uranium drill targets and extended the prospective strike length of the Coyote exploration corridor within the Moonlite Project, is part of the southwestern Athabasca Basin Joint Venture with <strong>ATHA Energy Corp. (SASK:TSX.V; SASKF:OTCMKTS; X5U:FRA).</strong></a> Gravity inversion modeling suggests several of these features extend beneath the unconformity and align with interpreted fault intersections and graphitic horizons.</p> <h2 style="text-align: center;">Key Investor Takeaways</h2> <ul> <li>Five priority drill target areas (A through E) were delineated where gravity lows coincide with structures and conductors.</li> <li>The Coyote corridor strike length has been materially extended beyond the original survey footprint.</li> <li>Multiple independent geophysical datasets have been integrated, lowering geological risk ahead of drilling.</li> <li>Long-term uranium prices remain near multi-year highs, supported by rising nuclear demand and tightening supply.</li> <li>Commentary highlights Stallion as a high-risk, high-reward pre-discovery opportunity with strong exploration momentum.</li> </ul> <h2 style="text-align: center;">Industry Timing Supports Continued Exploration</h2> <p><a href="https://www.proactiveinvestors.com/companies/news/1095799/uranium-fundamentals-keep-improving-but-market-takes-its-time-to-catch-up-1095799.html" target="_blank" rel="noopener">According to a July 21 analysis from Sprott Asset Management</a>, long-term uranium prices reached US$94 per pound by the end of June while spot prices posted modest year-to-date gains. Sprott noted that uncovered utility requirements could exceed three billion pounds through 2045, creating a sustained contracting window for new supply.</p> <p><a href="https://www.mining.com/sprott-sees-buying-opportunity-as-uranium-stocks-trail-market/" target="_blank" rel="noopener">The Northern Miner cited Jacob White, who wrote, </a> "A rising long-term price shows that the market remains tight, even if equity markets don't reflect it." Additional reporting from <a href="https://bravenewcoin.com/insights/uranium-price-stabilizes-near-86-as-cameco-signals-an-early-reversal" target="_blank" rel="noopener">BNC reported on July 24 that uranium was trading at approximately US$85.75 per pound after several months of relatively narrow price movement.</a> confirmed price stability within a well-defined range.</p> <h2 style="text-align: center;"> Views and Valuation Context</h2> <p><a href="https://thegoldadvisor.com/paydirt-prospector/newsletters/mid-summer-full-portfolio-update-2/" target="_blank" rel="noopener">According to the July 9 <em data-start="101" data-end="154">Paydirt Prospector Mid-Summer Full Portfolio Update</em>,</a> Jeff Clark and Daniel Flynn maintained a Buy rating on Stallion, describing the stock as a high-risk pre-discovery play that could move sharply on positive drill results. They noted early drilling had intersected elevated radioactivity and structural indicators comparable to known basement-hosted systems, while cautioning that assays ultimately determine discovery status.</p> <h2 style="text-align: center;">Share Structure and Upcoming Catalysts</h2> <p>¹Insiders and management own less than 10 percent of the company, with no reported institutional holders. Strategic investor Matt Mason holds approximately 30 percent. Market capitalization stands near CA$37.53 million with roughly 150.13 million shares outstanding on a fully diluted basis. The 52-week trading range is CA$0.19 to CA$0.53.</p> <p>Remaining catalysts include assay results from the completed Coyote diamond drilling program and potential follow-up testing at the newly defined gravity targets. [OWNERSHIP_CHART-10167]</p> <h2 style="text-align: center;">Common Questions from Investors</h2> <h3>What is the significance of the five new target areas at Coyote?</h3> <p>The targets represent locations where gravity lows align with interpreted structures and conductive corridors, settings considered prospective for Athabasca-style uranium mineralization.</p> <h3>How does the joint venture structure benefit Stallion?</h3> <p>The partnership with ATHA Energy provides shared exploration costs and technical collaboration across the Moonlite Project while allowing Stallion to advance the Coyote corridor with expanded geophysical coverage.</p> <h3>What role do gravity surveys play in uranium exploration?</h3> <p>Gravity lows can indicate zones of lower-density rock often associated with alteration halos around uranium deposits, helping prioritize drill collars when combined with electromagnetic and magnetic data.</p> <h3>When will investors see assay results from recent drilling?</h3> <p>Results from the winter diamond drilling program at Coyote remain pending and will be released once laboratory analyses are complete and interpreted by the company.</p> <p>Stallion continues to refine its exploration model at Coyote by integrating the latest gravity results with prior datasets. This disciplined approach positions the company to test a larger, more compelling target set as uranium market fundamentals remain supportive for new discoveries.</p> <p>[SMNLINSERT]</p><p>Important Disclosures:</p><ol> <li>As of the date of this article, officers, contractors, shareholders, and/or employees of Streetwise Reports LLC (including members of their household) own securities of Stallion Uranium Corp</li> <li>Jordan Nova wrote this article for Streetwise Reports LLC and provides services to Streetwise Reports as an employee.</li> <li> This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company. </li> </ol> <p>For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting" target="_blank" rel="noopener">here.</a></p> <p><strong>1. Ownership and Share Structure Information</strong></p> <p>The information listed above was updated on the date this article was published and was compiled from information from the company and various other data providers.</p><img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=31953"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=31953" width="0" height="0"> <p>( Companies Mentioned: STUD:TSX; STLNF:OTCQB; FE0; FSE, )</p> Fri, 24 Jul 2026 00:00:00 PST https://www.streetwisereports.com/article/2026/07/24/chile-silver-copper-explorer-grafton-resources-launches-caldera-project.html <p class="articleSource"> <b>Source: <a href="https://www.streetwisereports.com/article/2026/07/24/chile-silver-copper-explorer-grafton-resources-launches-caldera-project.html?utm_medium=feed">Streetwise Reports 07/24/2026</a></b> </p> Grafton Resources establishes the Caldera silver-copper-gold project in Chile amid metals supply tightness, combining new concessions with historic high-grade data for retail investors.<p>Supply constraints in precious and base metals markets are creating notable opportunities for junior explorers focused on silver, copper, gold, and antimony. <strong><span class="for_co_card_11471">Grafton Resources Inc. (GFT:CSE; PMSXF:OTC)</span></strong><span class="for_co_card_11471"> </span>has positioned itself to benefit by consolidating a new exploration package in a proven district.</p> <h2 style="text-align: center;">Metals Markets Face Supply Pressure and Volatility</h2> <p>Recent market updates highlight tightening physical supply for copper in China alongside silver price rebounds driven by industrial demand and import restrictions in key markets. These conditions underscore the value of early-stage projects with demonstrated mineralization potential near operating mines.</p> <h2 style="text-align: center;">Why Grafton Resources Stands Out in Chile</h2> <p><span class="for_co_card_11471">Grafton Resources Inc. (GFT:CSE; PMSXF:OTC) </span> announced <a href="https://www.stockwatch.com/News/Item/Z-C!GFT-3843403/C/GFT" target="_blank" rel="noopener">the establishment of the Caldera silver-copper-gold-antimony project in Chile's Pedernal district of the Valparaiso region</a>. The company consolidated multiple concessions targeting favorable geology within the Morro Hediondo Caldera region by combining newly staked ground, the Silver One concessions, and a historic geological database.</p> <h2 style="text-align: center;">Project Assets and Exploration Potential</h2> <p>The Caldera project includes 10 newly staked exploration concessions totaling 2,100 hectares covering continuous trends of mineralized vein outcrop and epithermal alteration. It also incorporates the Silver One concessions from a prior letter of intent with Asesorias e Inversiones Sol SpA, together with the historic database used to select concessions. The package covers a principal northwest-southeast vein trend, a parallel northeast-southwest trend, and surrounding alteration targets roughly 10 kilometers from the producing El Bronce mine.</p> <p>Key highlights include 3.8 kilometers of secured vein trends across continuous outcrop that remain undrilled. Historical samples reached up to 4.0 grams per tonne gold, 300 grams per tonne silver, and 12.4 percent copper within epithermal vein systems. Vein systems previously worked by artisanal miners and zones of epithermal alteration have not been tested with modern methods. Epithermal systems refer to mineral deposits formed at shallow depths from hot fluids.</p> <h2 style="text-align: center;">Framework Agreement and Acquisition Terms</h2> <p>The company, its wholly owned Chilean subsidiary, and AIS entered into a framework agreement, two definitive option agreements, and a share consideration agreement dated July 21, 2026, replacing the prior letter of intent. Grafton received an option to acquire a 100 percent interest in the Silver One property through cash payments totaling US$248,000, consisting of US$148,000 upon signing and US$100,000 within 24 months, plus share consideration valued at US$400,000 issued in two equal tranches. The option remains subject to Canadian Securities Exchange approval.</p> <h2 style="text-align: center;">Historic Database Supports Targeting</h2> <p>Concession selection drew from a historic sampling database obtained through agreements with AIS. The database contains 150 samples analyzed using ICP multielement methods, gold fire assay, and selected base metals by atomic absorption. Results showed 92 percent of samples returned anomalous copper values greater than 0.1 percent copper, 24 percent exceeded 3.0 percent copper, and the highest value reached 12.4 percent copper. Twenty-five percent of silver samples exceeded 100 parts per million, with anomalous silver samples also returning elevated antimony, arsenic, and mercury values. The sampling occurred in 2021, with most results supported by laboratory certificates, though the work lacks formal quality assurance and quality control and should be treated as a historical initial indicator only.</p> <h2 style="text-align: center;">Analyst Perspective on Portfolio and Valuation</h2> <p>In commentary, Michael Ballanger described Grafton Resources as en route to building a powerful portfolio of projects all in Chile and all secured by the Fitzroy team. He characterized the Caldera project as a silver-gold-copper prospect located proximate to an existing operating mine with huge potential. Ballanger noted the company had only 26 million shares issued and outstanding and suggested it would take modest demand to push the stock into the CA$50 million market cap range, close to CA$2.00. He assigned a Strong Buy recommendation with a target price of CA$2.00.</p> <h2 style="text-align: center;">Key Investor Takeaways</h2> <ul> <li>Grafton Resources has consolidated a new silver-copper-gold-antimony project in Chile near an operating mine using historic data and new staking.</li> <li>Historical sampling indicated high-grade copper up to 12.4 percent along with gold and silver values in undrilled vein trends.</li> <li>The company holds a low share count of 26 million, which could amplify moves on increased investor interest, according to analyst commentary.</li> <li>Metals markets show signs of physical supply tightness in copper and industrial demand support for silver.</li> <li>Reconnaissance work has started, and results will be reported as available.</li> <li>The option agreement for Silver One property requires regulatory approval and staged payments.</li> </ul> <h2 style="text-align: center;">Geological Reconnaissance Underway at Caldera</h2> <p>Grafton Resources has begun a geological reconnaissance program across the granted concession areas at the Caldera project. The work will include resampling historically mineralized sites and extending sampling coverage across the consolidated project area. [OWNERSHIP_CHART-11471]</p> <p>The program aims to produce preliminary geological models for each occurrence within the project. Results from the reconnaissance program will be reported as they become available.</p> <h2 style="text-align: center;">Share Structure and Ownership Snapshot</h2> <p>¹Management and insiders own 13.55 percent of Grafton Resources, with the remainder held by retail investors. The 52-week range stands at CA$0.22 to US$43.98. Market capitalization is CA$10.99 million with 16.23 million free float shares.</p> <h2 style="text-align: center;">Common Questions from Investors</h2> <h3>What is the Caldera project?</h3> <p>The Caldera project is a consolidated silver-copper-gold-antimony exploration package in Chile's Valparaiso region that combines newly staked concessions, the Silver One concessions, and a historic database.</p> <h3>Where is the project located?</h3> <p>The project sits in the Pedernal district on the eastern margin of the Morro Hediondo Caldera, approximately 10 kilometers from the producing El Bronce mine.</p> <h3>What metals are targeted?</h3> <p>The project targets silver, copper, gold, and antimony mineralization within epithermal vein systems based on historical sampling.</p> <h3>What are the next steps?</h3> <p>A reconnaissance program, including resampling and expanded coverage, is underway with results to be released as available.</p> <p>Retail investors should review all public filings and consider the early-stage nature of the project along with regulatory and market risks before making decisions.</p> <p><a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a></p><p>Important Disclosures:</p><ol> <li>As of the date of this article, officers, contractors, shareholders, and/or employees of Streetwise Reports LLC (including members of their household) own securities of Grafton Resources.</li> <li>Jordan Nova wrote this article for Streetwise Reports LLC and provides services to Streetwise Reports as an employee. </li> <li> This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company. </li> </ol> <p>For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting">here.</a></p> <p><strong>1. Ownership and Share Structure Information</strong></p> <p>The information listed above was updated on the date this article was published and was compiled from information from the company and various other data providers.</p><img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=31952"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=31952" width="0" height="0"> <p>( Companies Mentioned: GFT:CSE;PMSXF:OTC, )</p> Fri, 24 Jul 2026 00:00:00 PST https://www.streetwisereports.com/article/2026/07/24/skyharbour-bolsters-uranium-portfolio-in-the-prolific-athabasca-basin.html <p class="articleSource"> <b>Source: <a href="https://www.streetwisereports.com/article/2026/07/24/skyharbour-bolsters-uranium-portfolio-in-the-prolific-athabasca-basin.html?utm_medium=feed">Streetwise Reports 07/24/2026</a></b> </p> Skyharbour Resources Ltd. (SYH:TSX.V; SYHBF:OTCQX; SC1P:FSE) acquired 46 new mineral claims in Saskatchewan's Athabasca Basin, forming ten new or reacquired uranium projects.<p><span id="link_copy_6026"><a href="https://www.streetwisereports.com/pub/co/6026?utm_medium=feed" target="_blank" rel="noopener">Skyharbour Resources Ltd. (SYH:TSX.V; SYHBF:OTCQX; SC1P:FSE)</a></span> has materially expanded its Athabasca Basin footprint, adding over 149,000 hectares across 46 claims to one of the largest land positions in the basin.</p> <h2 style="text-align: center;">Key Takeaways</h2> <ul> <li>Skyharbour Resources acquired 46 new mineral claims totaling ~149,439 hectares in Saskatchewan's Athabasca Basin, forming ten new or reacquired uranium projects.</li> <li>The staking expands Skyharbour's total portfolio to 682,100 hectares (1.69 million acres) across 44 uranium properties.</li> <li>New claims include Carswell East, Carswell North, Cree North, Rapids, Carter West, Ford Lake, LEB, Perpete, and Iris, plus additions to existing Bennett, Carter North, and Elevator projects.</li> <li>Several properties carry historical high-grade results, including 7.22% U&#8323;O&#8328; (uranium) over 0.9 m at Pine's Varmac veins and grab samples up to 427 g/t gold nearby.</li> <li>The company plans to advance these newly staked assets through its prospect generator model, seeking option and joint venture partners while retaining royalties and equity exposure.</li> <li>Skyharbour remains focused on active drilling at its co-flagship Moore project and Russell Lake joint venture with Denison Mines, with the new claims treated as separate from that core program.</li> </ul> <h2 style="text-align: center;">46 Claims Form Ten New Projects</h2> <p>On July 23, 2026, Skyharbour announced <a href="https://www.stockwatch.com/News/Item/Z-C!SYH-3843769/C/SYH" target="_blank" rel="noopener">the acquisition of 46 new mineral claims</a> spread over approximately 149,439 hectares (ha) in the Athabasca Basin of Canada, which is consistently ranked as a top mining jurisdiction by the Fraser Institute. The company's total portfolio now consists of 682,100 ha across 44 uranium properties. A map of the new claims can be found <a href="https://www.globenewswire.com/Tracker?data=isoooK_aJWRGEi59nMJnxiaWkhzc_fkH3WedwVmBDi_CiCSyHBYV0LRL49t5oISOXDR0C_CucRi2WqKUwHnVV6iwZEPBmxH3FcmMwhnqFNkk4z7VBa2RZ_SvOJ5LCSYiz7fYSJq2z7lOCX8UlYa5QFlz3gkVDgP2W7JHImVQajgCEGfCeFHi8qJyqoZ6QR8D4iK9whKCKaLcvG81XOlyFGsPJvRZiky4KK6bBQP5W9impmKC1dOQn_d09Ds1-mK3hdkjEFkIchZnIAmB_4yMNA==" target="_blank" rel="noopener">here</a>.</p> <p>A list of new claims includes the following:</p> <ul> <li>Bennett Project &ndash; 5 additional claims totaling 12,624.1 ha</li> </ul> <ul> <li>Iris Project &ndash; 3 reacquired claims totaling 4,581.0 ha</li> </ul> <ul> <li>Carswell East Project &ndash; 4 new claims totaling 19,786.0 ha</li> </ul> <ul> <li>Carswell North Project &ndash; 1 new claim totaling 1,544.2 ha</li> </ul> <ul> <li>Carter North Project &ndash; 2 additional claims totaling 6,349.5 ha</li> </ul> <ul> <li>Carter West Project &ndash; 6 new claims totaling 24,397.9 ha</li> </ul> <ul> <li>Cree North Project &ndash; 7 new claims totaling 30,203.9 ha</li> </ul> <ul> <li>Elevator Project &ndash; 1 additional claim totaling 4,696.1 ha</li> </ul> <ul> <li>Ford Lake Project &ndash; 3 new claims totaling 4,920.5 ha</li> </ul> <ul> <li>LEB Project &ndash; 2 new claims totaling 607.4 ha</li> </ul> <ul> <li>Perpete Project &ndash; 1 new claim totaling 350.5 ha</li> </ul> <ul> <li>Pine Project &ndash; 7 new claims totaling 23,816.9 ha</li> </ul> <ul> <li>Rapids Project &ndash; 4 new claims totaling 15,561.2 ha</li> </ul> <p>Notably, the press release stated that the LEB Project is highly prospective for both unconformity-hosted and basement-hosted uranium mineralization. Historical sampling at this site has shown grab samples including up to 796 and 467 ppm (parts per million) uranium. Historical discoveries have also been found at the Pine Project and the Carter North Project.</p> <p>Skyharbour is a Canadian uranium exploration company focused on projects in Canada's Athabasca Basin.</p> <h2 style="text-align: center;">U.S. Nuclear Capacity Targets Quadruple Growth</h2> <p>Uranium is growing in importance as a crucial component of the energy sector. As a critical component in nuclear energy and emerging technologies, a shortage of the element is only expected to grow. The <a href="https://www.iaea.org/newscenter/news/six-global-trends-in-nuclear-power-you-should-know" target="_blank" rel="noopener">International Atomic Energy Agency</a> projects that global nuclear capacity could double by 2050, reaching between 561 gigawatts and 992 gigawatts. This prediction has caused uranium mine policy support to strengthen. In May 2025, the U.S. issued <a href="https://www.spglobal.com/market-intelligence/en/news-insights/research/2026/02/uranium-s-next-decade-from-tight-supply-to-a-broader-mining-boom" target="_blank" rel="noopener">a series of executive orders</a> aimed at quadrupling domestic nuclear capacity to 400 gigawatts by 2050, from roughly 100 gigawatts today.</p> <p>"The United States burns through roughly 50 million pounds of uranium each year to fuel the world's largest fleet of nuclear reactors, and imports approximately 95% of that uranium from foreign suppliers," reported <a href="https://www.stockwatch.com/News/Item/U-C3653-U!UEC-20260514/U/UEC" target="_blank" rel="noopener">Equity Insider</a> on May 14, 2026. The report continued, "That structural import dependence &mdash; combined with accelerating demand projections for nuclear power across AI data centers, grid expansion, and emerging space-deployment mandates &mdash; has placed domestic uranium development firmly into the national security conversation."</p> <p>Currently, <a href="https://www.stockwatch.com/News/Item/U-C3653-U!UEC-20260514/U/UEC" target="_blank" rel="noopener">several companies are advancing America's domestic uranium mine portfolio</a>. Among them, Uranium Energy Corp has continued to develop its U.S.-based in-situ recovery uranium production platform across Texas and Wyoming, alongside development-stage assets in the Powder River and Great Divide basins.</p> <h2 style="text-align: center;">Experts Eyeing New Developments</h2> <p>On July 23, 2026, Jeff Clark and Daniel Flynn of <a href="https://thegoldadvisor.com/paydirt-prospector/newsletters/new-stock-pick-this-copper-company-has-takeout-potential-written-all-over-it/" target="_blank" rel="noopener">The Paydirt Prospector</a> dove into Skyharbour's latest news. <span style="box-sizing: border-box; margin: 0px; padding: 0px;">Flynn wrote: "In our <a href="https://thegoldadvisor.com/paydirt-prospector/newsletters/mid-summer-full-portfolio-update-2/" target="_blank" rel="noopener">summer portfolio review</a>, we rated Skyharbour a 'Hold', mainly because we hadn't heard much from Moore since drilling began.</span> However . . . plenty of news flow is ahead. It&rsquo;s particularly compelling that total drilling this year will be double last year's, and all those results are ahead. We could see assays from Moore and the company's broader project pipeline start to add value. Jeff remains overweight. Stay tuned for the next round of results."</p> <p>Haywood Capital Markets analyst Marcus Giannini began covering Skyharbour on May 28, 2026, with a "Buy" recommendation and a CA$1-per-share target. He described the company as a uranium explorer focused on finding unconformity-related deposits in the Athabasca Basin, with Moore Lake and Russell Lake serving as its principal projects.</p> <p>"Skyharbour is a uranium exploration company we have followed for some time and has frequently been profiled in Haywood&rsquo;s Exploration Quarterly Report," the analyst wrote. "Skyharbour is focused on the discovery of unconformity-style uranium deposits in the prolific Athabasca Basin, anchored by its co-flagship Moore Lake and Russell Lake projects."</p> <p>Giannini said Skyharbour broadens its exploration reach through a prospect-generator model that relies largely on partner-funded work at projects near established uranium-bearing corridors. He identified the company's <strong>Denison Mines Corp. (DML:TSX; DNN:NYSE.MKT)</strong> partnership at Russell Lake as a major development, providing the project with a stronger exploration program backed by an experienced, well-funded partner.</p> <p>"With the partnership at Russell established, a proven project in Moore, and exposure to significant exploration drilling through joint venture projects, we think the timing is right for Skyharbour to take the next step in its exploration journey," Giannini said. "We like Skyharbour for the exposure it provides in terms of blue-sky exploration upside in a proven uranium district, while maintaining a lower risk profile relative to pure play exploration peers through its prospect generator business with minimized dilution through a partnership model."</p> <h2 style="text-align: center;">Moore, Russell Lake Drilling Continues</h2> <p>Skyharbour's 2026 program is anchored by more than 30,000 meters of anticipated drilling across the portfolio, concentrated on its co-flagship assets in the eastern Athabasca Basin. At the 100%-owned, 35,705-hectare Moore Uranium Project, the Company is executing a multi-phased 8,000&ndash;10,000-meter campaign &mdash; Phase 1 comprising roughly 4,000&ndash;5,000 meters in 10 to 12 holes &mdash; testing the newly delineated Nomad corridor, the untested strike extension at Esker where historical hole ML-165 returned 1.21% U&#8323;O&#8328; over 0.5 m, the underexplored Nutana target, and basement-focused expansion drilling at the Maverick Zones, which have delivered results including 6.0% U&#8323;O&#8328; over 5.9 m and, more recently, 4.84% U&#8323;O&#8328; over 4.4 m including 11.77% over 1.6 m in ML25-15.</p> <p>Across the adjacent Russell Lake Joint Ventures, the 73,314-hectare package restructured with Denison Mines in December 2025 into four separate properties carrying total consideration of up to CA$61.5 million &mdash; over 15,000 meters is planned in 2026, including approximately 7,500 meters sole-funded by Denison at Wheeler North targeting Fox Lake Trail, the Fork Zone (host to 3.0% U&#8323;O&#8328; over 0.5 m) and Sphinx, located roughly one kilometer from Denison's Phoenix deposit, alongside 4,000&ndash;5,000 meters on the Skyharbour-operated RL property and approximately 3,600 meters at Getty East, with more than 35 kilometers of largely untested conductors remaining across the joint ventures.</p> <p>Skyharbour simultaneously runs a prospect generator model, optioning and joint-venturing its secondary projects to partner companies that fund the exploration while Skyharbour retains a minority interest, royalties, cash, and share payments, and equity positions in the partners &mdash; in aggregate representing potentially over CA$76 million in partner-funded exploration expenditures and over CA$45 million in cash and share payments to the Company.</p> <p>This pipeline was materially deepened as Skyharbour acquired 46 new mineral claims totaling approximately 149,439 hectares through Saskatchewan's low-cost online staking process, aided by a proprietary in-house tenure monitoring system that provides a first-mover advantage on lapsing ground. The claims form 10 new or reacquired projects, lifting the portfolio to 44 projects across 682,100 hectares (1.69 million acres) and giving Skyharbour a substantially larger inventory of optionable ground to convert into partner-funded exploration without diluting shareholders.</p> <h2 style="text-align: center;">Ownership &amp; Share Information¹</h2> <p>Skyharbour Resources Ltd. has a market cap of CA$88.46 million, with 221.15 million shares outstanding. The company's 52-week range is CA$0.28-CA$0.66. Institutions own 29.98% of shares, while Management &amp; Insiders own 3.13%. The remaining 66.89% of shares are Retail. [OWNERSHIP_CHART-6026]</p> <h2 style="text-align: center;">Frequently Asked Questions</h2> <p><strong>Q: What is the Athabasca Basin?</strong></p> <p>A: The Athabasca Basin is a region in northern Saskatchewan and Alberta that hosts some of the world's highest-grade uranium deposits. It is considered one of the most important uranium exploration and mining districts globally.</p> <p><strong>Q: What is uranium used for?</strong></p> <p>A: Uranium is a critical mineral primarily used as fuel for nuclear power plants, which generate low-carbon electricity. It is also used in medical isotope production, scientific research, and certain defense applications.</p> <p><strong>Q: What is a mineral claim?</strong></p> <p>A: A mineral claim gives a company the legal right to explore a specific area for valuable minerals. If exploration is successful, the company may apply for additional permits to develop a mine, subject to regulatory approval.</p> <p><strong>Q: What is a prospect generator model?</strong></p> <p>A: A prospect generator model is a business strategy in which a mining company acquires and explores mineral properties before partnering with other companies to fund further development. In return, the company may retain ownership interests, royalties, or equity while reducing its own exploration costs.</p> <p><strong>Q: What is a joint venture in mining?</strong></p> <p>A: A joint venture is a partnership between two or more companies to explore or develop a mining project together. The partners typically share costs, risks, and any future benefits according to the terms of their agreement.</p> <p><strong>Q: What is uranium mineralization?</strong></p> <p>A: Uranium mineralization refers to naturally occurring concentrations of uranium within rock formations. Exploration companies search for these areas because they may contain enough uranium to support future mining if further drilling confirms their size and grade.</p> <p><a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a></p><p>Important Disclosures:</p><ol> <li>Skyharbour Resources Ltd. is a billboard sponsor of Streetwise Reports and pays SWR a monthly sponsorship fee between US$3,000 and US$6,000.</li> <li>Cori Fisher wrote this article for Streetwise Reports LLC and provides services to Streetwise Reports as an employee.</li> <li> This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company. </li> </ol> <p>For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting">here.</a></p> <p><strong>1. Ownership and Share Structure Information</strong></p> <p>The information listed above was updated on the date this article was published and was compiled from information from the company and various other data providers.</p><img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=31951"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=31951" width="0" height="0"> <p>( Companies Mentioned: SYH:TSX.V; SYHBF:OTCQX; SC1P:FSE, )</p> SYH:TSX.V; SYHBF:OTCQX; SC1P:FSE Fri, 24 Jul 2026 00:00:00 PST https://www.streetwisereports.com/article/2026/07/24/quebec-vms-project-launches-5000m-drill-program-backed-by-dowa.html <p class="articleSource"> <b>Source: <a href="https://www.streetwisereports.com/article/2026/07/24/quebec-vms-project-launches-5000m-drill-program-backed-by-dowa.html?utm_medium=feed">Streetwise Reports 07/24/2026</a></b> </p> Galway Metals starts a 5000-meter drill campaign at its high-grade Estrades gold-zinc project in western Quebec, funded by DOWA. Learn how this catalyst and the Clarence Stream PEA could impact investors.<p>Gold and copper markets are showing notable strength that could benefit exploration companies active in established Canadian districts. <a href="https://www.jmbullion.com/charts/gold-price/" target="_blank" rel="noopener">Gold traded at US$4,069.32 per ounce as of 5:46 a.m. EDT on July 24, according to live spot pricing data.</a> At the same time, tightening physical supply in China has lifted copper prices and premiums, creating a constructive backdrop for polymetallic projects.</p> <p><span id="link_copy_517"><a href="https://www.streetwisereports.com/pub/co/517?utm_medium=feed" target="_blank" rel="noopener">Galway Metals Inc. (GWM:TSX.V; GAYMF:OTCQB)</a></span> is advancing two distinct Canadian assets at a time when investors are seeking exposure to both gold and base metals. The company has mobilized drills at its Estrades volcanic massive sulphide project in western Qu&eacute;bec while simultaneously moving its Clarence Stream gold project in New Brunswick toward a preliminary economic assessment. This dual-track approach differentiates Galway from single-asset juniors and provides multiple potential catalysts.</p> <h2 style="text-align: center;">Why Galway Metals Stands Out for Retail Investors</h2> <p>The Estrades project hosts high-grade gold-zinc-copper-lead-silver mineralization. Historical work by Breakwater Resources included roughly CA$20 million in development and underground mining from 1990 to 1991. Galway released a positive preliminary economic assessment earlier in 2026, outlining an underground mining scenario. The current 5,000-meter drill program is fully funded under the option and joint venture term sheet with DOWA METALS &amp; MINING CO., LTD.</p> <h1 style="text-align: center;"><strong>Key Investor Takeaways</strong></h1> <ul> <li>Galway has begun a 5,000-meter diamond drill program at Estrades, funded by strategic partner DOWA, to collect metallurgical samples and improve geological understanding.</li> <li>The Estrades project contains gold, zinc, copper, lead, and silver in a high-grade VMS setting previously mined in the early 1990s.</li> <li>A separate PEA is underway at the 100%-owned Clarence Stream gold project in New Brunswick, building on a 2.7 million ounce gold resource.</li> <li>Red Cloud Securities maintained a BUY rating and CA$2.20 target price after the updated Clarence Stream resource increased indicated ounces by 54%.</li> <li>DOWA can earn up to 45% interest in Estrades by contributing up to US$25 million across three phases.</li> <li>Galway has completed more than 52,000 meters of drilling at Estrades since acquiring the project in 2016.</li> </ul> <h2 style="text-align: center;">Drilling Underway at Estrades to Support Metallurgical and Development Work</h2> <p>Two diamond drills<a href="https://galwaymetalsinc.com/2026/07/galway-metals-commences-5000-metre-drill-program-at-estrades-funded-by-dowa__trashed-2/" target="_blank" rel="noopener"> have been mobilized, and drilling has commenced at its Estrades Project in the northern Abitibi region of western Qu&eacute;bec.</a> The program is designed to obtain fresh mineralized material from the Main, Central, and East zones for metallurgical testing at SGS Canada while gathering additional geological data. President and CEO Robert Hinchcliffe noted that the first three holes of the campaign are complete and expressed optimism about the project's prospects.</p> <p>The Estrades deposit consists of gold, zinc, copper, lead, and silver-rich massive sulphide lenses located about 95 kilometers north-northeast of La Sarre, Qu&eacute;bec. Ore was previously shipped roughly 135 kilometers to the Matagami Mill. The current drilling aims to improve local geological confidence and supply data that may support future resource, engineering, and development studies.</p> <h2 style="text-align: center;">Clarence Stream PEA Advances on Expanded Gold Resource</h2> <p><a href="https://galwaymetalsinc.com/2026/07/galway-metals-commences-preliminary-economic-assessment-at-clarence-stream-gold-project/" target="_blank" rel="noopener">Separately, Galway Metals announced that it has engaged BBA E&amp;C Inc. to complete a Preliminary Economic Assessment (PEA) for its 100%-owned Clarence Stream gold project in southwestern New Brunswick.</a> The study will evaluate mining and processing alternatives, infrastructure needs, capital and operating costs, and trade-off studies. It will be based on an indicated resource of 27.2 million tonnes grading 1.62 grams per tonne gold containing 1.42 million ounces and an inferred resource of 28.5 million tonnes grading 1.40 grams per tonne gold containing 1.29 million ounces. Completion is expected in the first quarter of 2027.</p> <h2 style="text-align: center;">Analyst Coverage Highlights Resource Growth and Open Potential</h2> <p>Red Cloud Securities analyst Ron Stewart reviewed the updated Clarence Stream mineral resource estimate and maintained a BUY rating with a CA$2.20 per share target price. The estimate increased total gold resources to 2.7 million ounces, with indicated ounces rising 54% to 1.42 million ounces. Optimized open-pit shells contain 88% of the resource, while metallurgical testing has shown strong gold and antimony recoveries. All three deposits remain open, and 12 high-priority targets have been identified along the 65-kilometer trend.</p> <h2 style="text-align: center;"><strong>Strategic Partnership with DOWA Provides Non-Dilutive Funding</strong></h2> <p>The Phase I work program under the DOWA agreement includes the current 5,000-meter drill program, metallurgical testing, and baseline studies. <a href="https://wp-galwaymetalsinc-2023.s3.ca-central-1.amazonaws.com/media/2026/07/GWM_Corporate_Presentation_July_13_2026.pdf" target="_blank" rel="noopener">The July 2026 corporate presentation</a> outlines that DOWA may earn up to a 45% participating interest through total contributions of up to US$25 million across three phases. This structure reduces Galway's capital requirements while advancing project evaluation.</p> <p>Additional initiatives include an environmental baseline study expected to begin in the second quarter of 2026 and continued community outreach. Work will also focus on upgrading the resource through drilling at depth and testing lateral extensions.</p> <p>Commodity market support remains favorable. <a href="https://www.mining.com/copper-price-nearing-us-record-as-premium-doubles-shanghai-stockpiles-drop-82/?utm_source=Rock+Daily+%7C+RCKS+Master+Audience&amp;utm_campaign=08f8627353-EMAIL_CAMPAIGN_2018_04_10_COPY_01&amp;utm_medium=email&amp;utm_term=0_2d6e7dc0d4-08f8627353-606677560" target="_blank" rel="noopener">Mining.com reported on July 21 </a>that copper prices reached their highest level in more than a month amid tightening physical markets in China. <a href="https://www.cnbc.com/2026/07/22/john-paulson-says-we-are-in-early-stages-of-a-long-term-bull-market-for-gold.html" target="_blank" rel="noopener">CNBC reported on July 22 that investor John Paulson said he believed the gold market remained in the early stages of a longer-term trend</a>. <a href="https://www.kitco.com/news/article/2026-07-23/gold-prices-continue-hold-key-support-ecb-leaves-interest-rates-unchanged" target="_blank" rel="noopener">According to a July 23 report from Kitco News,</a> gold prices continued to hold key long-term support levels after the European Central Bank left interest rates unchanged. [OWNERSHIP_CHART-517]</p> <h2 style="text-align: center;">Share Structure and Ownership</h2> <p>¹Insiders hold 7.31% of Galway, including 6.62% held by CEO Rob Hinchcliffe. Institutional ownership totals 18.52%, led by Van Eck Associates Corp. at 4.45%, Caisse de dpt et placement du Qu&eacute;bec at 3.33%, and Mackenzie Investments at 3.27%. The company has 125.76 million shares outstanding and a market capitalization of CA$90.11 million. The 52-week trading range is CA$0.32 to CA$1.01 per share.</p> <h2 style="text-align: center;">Common Questions from Investors</h2> <h3><strong>What is the focus of the current Estrades drill program?</strong></h3> <p>The 5,000-meter program aims to collect representative mineralized material from the Main, Central, and East zones for metallurgical testing while improving geological confidence across the deposit.</p> <h3><strong>How does the DOWA agreement benefit Galway shareholders?</strong></h3> <p>DOWA is funding the Phase I program and can earn up to 45% interest by contributing up to US$25 million, providing non-dilutive capital to advance the project.</p> <h3><strong>What is the scale of the Clarence Stream gold resource?</strong></h3> <p>The updated estimate contains 2.7 million ounces of gold, with indicated resources of 1.42 million ounces at 1.62 grams per tonne and inferred resources of 1.29 million ounces at 1.40 grams per tonne.</p> <h3><strong>When is the Clarence Stream PEA expected?</strong></h3> <p>The study is scheduled for completion in the first quarter of 2027 and will evaluate mining, processing, and infrastructure options.</p> <p>Galway Metals offers retail investors exposure to two advancing Canadian projects in a supportive commodity environment. The Estrades drill program and Clarence Stream PEA represent near-term milestones that could further de-risk both assets while the DOWA partnership helps limit shareholder dilution. Investors should review the latest technical reports and consider the risks inherent in mineral exploration and development before making investment decisions.</p> <p><a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a></p><p>Important Disclosures:</p><ol> <li>Galway Metals Inc. is a billboard sponsor of Streetwise Reports and pays SWR a monthly sponsorship fee between US$3,000 and US$6,000.</li> <li>As of the date of this article, officers, contractors, shareholders, and/or employees of Streetwise Reports LLC (including members of their household) own securities of Galway Metals Inc.</li> <li>Jordan Nova wrote this article for Streetwise Reports LLC and provides services to Streetwise Reports as an employee.</li> <li>This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company. </li> </ol> <p>For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting" target="_blank" rel="noopener">here.</a></p> <p><strong>1. Ownership and Share Structure Information</strong></p> <p>The information listed above was updated on the date this article was published and was compiled from information from the company and various other data providers.</p><img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=31950"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=31950" width="0" height="0"> <p>( Companies Mentioned: GWM:TSX.V; GAYMF:OTCQB, )</p> GWM:TSX.V; GAYMF:OTCQB Fri, 24 Jul 2026 00:00:00 PST https://www.streetwisereports.com/article/2026/07/24/ontario-gold-explorer-expands-mirado-zones-with-high-grade-hits.html <p class="articleSource"> <b>Source: <a href="https://www.streetwisereports.com/article/2026/07/24/ontario-gold-explorer-expands-mirado-zones-with-high-grade-hits.html?utm_medium=feed">Streetwise Reports 07/24/2026</a></b> </p> Kirkland Lake Discoveries advances its Mirado Gold Project in Ontario with new high-grade intercepts and regional targets, positioning investors for growth in the Abitibi belt amid supportive gold markets.<p>Retail investors tracking gold exploration are closely watching developments at the Mirado Gold Project as <strong><span class="for_co_card_11443">Kirkland Lake Discoveries Corp.'s (KLDC:TSXV; KLKLF:OTC)</span></strong> <a href="https://www.stockwatch.com/News/Item/U-306177-U!KLKLF-20260723/U/KLKLF" target="_blank" rel="noopener">newest assay results</a> demonstrate meaningful expansion across multiple zones.</p> <h2 style="text-align: center;">Gold Market Opportunity Supports Junior Explorers</h2> <p>Gold prices remain structurally supported despite recent volatility, trading near US$4,050 per ounce after a <a href="https://finance.yahoo.com/personal-finance/investing/article/gold-prices-today-monday-july-121321784.html" target="_blank" rel="noopener">24%</a> year-over-year gain. <span style="box-sizing: border-box; margin: 0px; padding: 0px;"><a href="https://www.gold.org/goldhub/research/gold-mid-year-outlook-2026" target="_blank" rel="noopener">Gold.org</a> highlights potential catalysts, including geopolitical risks and shifting rate expectations, that could drive prices toward US$4,500.</span> <a href="https://tradingeconomics.com/commodity/gold" target="_blank" rel="noopener">Trading Economics</a> notes ongoing inflation concerns from higher oil prices may keep policy tighter, yet central bank buying continues to provide a floor. <a href="https://www.spglobal.com/market-intelligence/en/news-insights/research/2026/04/copper-gold-market-outlook-2026-prices-supply-mining-costs" target="_blank" rel="noopener">S&amp;P Global wrote</a> that gold should stay volatile but supported. Broader metals prices are forecast to rise 17% in 2026 per the World Bank, marking the first sector-wide increase since 2022, according to <a href="https://www.recyclingtoday.com/news/world-bank-base-precious-metals-price-increases-2026-forecast/" target="_blank" rel="noopener">Brian Taylor of <em>Recycling Today</em></a>.</p> <h2 style="text-align: center;">Why Kirkland Lake Discoveries Stands Out Now</h2> <p>Kirkland Lake Discoveries focuses on gold exploration within Ontario's Abitibi greenstone belt, one of the world's most productive mining districts. The company controls a large land package, including the historical Mirado deposit and surrounding regional targets. This positioning allows systematic testing of near-surface mineralization, deeper high-grade structures, and new zones outside the known footprint.</p> <h2 style="text-align: center;">Key Investor Takeaways</h2> <ul> <li>Recent drilling expanded the South Zone footprint by roughly 130 meters northwest while confirming high-grade gold below the historical resource.</li> <li>North Zone extension of 85 meters adds strike length with consistent gold values over meaningful widths.</li> <li>First regional hole at the MZ Zone 500 meters west intersected strong alteration similar to known mineralized areas, with assays pending.</li> <li>Regional drilling permit now covers the entire KL South project, enabling broader exploration alongside 16 pending assay results.</li> <li>The company remains well capitalized with an active drill program and 17,000 meters already completed at the KL West property.</li> </ul> <h2 style="text-align: center;">Unique Business Model and Project Advantages</h2> <p>The Mirado project benefits from a combination of near-surface bulk tonnage potential and discrete high-grade vein structures. Drilling has targeted three dimensions simultaneously: lateral expansion of known envelopes, vertical confirmation below historical resources, and step-out testing along strike. This approach maximizes discovery potential within a single campaign while leveraging existing infrastructure in a proven district.</p> <h2 style="text-align: center;">Recent Assay Results and Catalyst Details</h2> <p>On July 23, 2026, Kirkland Lake Discoveries reported <a href="https://www.stockwatch.com/News/Item/Z-C!KLDC-3843693/C/KLDC" target="_blank" rel="noopener">assay results</a> from eight holes. Broad lower-grade intervals containing higher-grade shoots were intersected in several holes, consistent with structurally controlled silicified zones. Notable intercepts include 0.50 g/t Au over 91.0 m in KLM26-019 with internal zones grading 1.13 g/t Au over 23.8 m. KLM26-017 returned 18.99 g/t Au over 6.7 m, including 125.91 g/t Au over 1.0 m, extending mineralization vertically. In the North Zone, KLM26-013 delivered 0.98 g/t Au over 35.0 m and stepped out 85 meters west of prior drilling.</p> <h2 style="text-align: center;">Regional Targets and Permitting Momentum</h2> <p>The initial MZ Zone hole, 500 meters west of the main deposit, encountered intense chlorite, silica, and epidote alteration with pyrite mineralization comparable to earlier successful holes that returned 5.66 g/t Au over 18.2 m. A new regional permit now allows drilling across all of KL South. Bob Moriarty of <a href="http://www.321gold.com/" target="_blank" rel="noopener">321gold.com</a> noted the company continues to release strong results and that shares corrected after a 300% April rally, setting up potential further advances. The <a href="https://www.kirklandlakediscoveries.com/_files/ugd/a84855_bd64c907fa964758a1b99953576717c2.pdf" target="_blank" rel="noopener">investor presentation</a> outlines an active 8,000-meter program at KL South, plus 17,000 meters completed at KL West, with assays pending.</p> <h2 style="text-align: center;">Industry Timing and Valuation Context</h2> <p>Junior gold explorers with active drill programs and pending results often re-rate when new data confirm expansion. Kirkland Lake Discoveries maintains a market capitalization of CA$58.60 million with 205.63 million shares outstanding and a 52-week range of CA$0.07 to CA$0.67. [OWNERSHIP_CHART-11443]</p> <p>¹Strategic investors hold 39.73%, while insiders own 0.26%, and retail investors hold the balance.</p> <h2 style="text-align: center;">Common Questions from Investors</h2> <p><strong>Q: How do assay results influence project value?</strong></p> <p>A: Positive assays that expand known zones or identify new mineralized areas can increase the potential resource size, supporting higher valuations if confirmed by additional drilling and economic studies.</p> <p><strong>Q: What role does a regional drilling permit play?</strong></p> <p>A: Securing broad permits reduces permitting timelines for future holes, allowing the company to test multiple targets efficiently and accelerate the exploration timeline.</p> <p><strong>Q: Why is the Abitibi belt attractive for gold exploration?</strong></p> <p>A: The belt has produced hundreds of millions of ounces of gold historically and features favorable geology with established infrastructure, lowering discovery and development risk compared to frontier districts.</p> <p><strong>Q: What factors should investors monitor next?</strong></p> <p>A: Key items include the remaining 16 assay results, follow-up drilling at the MZ Zone, and any updates on resource modeling or additional land acquisitions.</p> <p>With multiple expansion vectors confirmed and a supportive gold price environment, Kirkland Lake Discoveries offers retail investors exposure to ongoing discovery potential in a tier-one jurisdiction.</p> <p><a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a></p><p>Important Disclosures:</p><ol> <li>Jordan Nova wrote this article for Streetwise Reports LLC and provides services to Streetwise Reports as an employee. </li> <li> This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company.</li> </ol> <p>For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting">here.</a></p> <p><strong>1. Ownership and Share Structure Information</strong></p> <p>The information listed above was updated on the date this article was published and was compiled from information from the company and various other data providers.</p><img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=31948"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=31948" width="0" height="0"> <p>( Companies Mentioned: KLDC:TSXV;KLKLF:OTC, )</p> Fri, 24 Jul 2026 00:00:00 PST https://www.streetwisereports.com/article/2026/07/24/sonora-silver-project-engages-sgs-for-alamos-resource-update.html <p class="articleSource"> <b>Source: <a href="https://www.streetwisereports.com/article/2026/07/24/sonora-silver-project-engages-sgs-for-alamos-resource-update.html?utm_medium=feed">Streetwise Reports 07/24/2026</a></b> </p> Alamos Silver Project in Sonora, Mexico, engages SGS to update its mineral resource estimate. Minaurum Silver advances expansion drilling targeting growth beyond the current 55.2 Moz AgEq.<p>The silver market is drawing fresh attention from investors as prices show resilience amid shifting industrial demand and safe-haven buying. Within this environment, <strong><span class="for_co_card_3158">Minaurum Silver Inc. (MGG:TSXV; MMRGF:OTCQX)</span></strong><span class="for_co_card_3158"> </span>has taken a key step forward by engaging a respected technical firm to refresh the resource picture at its flagship asset.</p> <p><a href="https://minaurum.com/news/2026/minaurum-engages-sgs-to-complete-mineral-resource-update-on-the-alamos-silver-project/" target="_blank" rel="noopener">Recently, it reported that it had engaged SGS Metallurgy and Consulting Geological Services (SGS) to update the mineral resource estimate for its Alamos Silver Project in Sonora, Mexico.</a> This move positions the company to incorporate substantial new drilling data into a larger resource model expected later in 2026.</p> <h2 style="text-align: center;">Why the Alamos Silver Project Stands Out in Today's Market</h2> <p>The Alamos Silver Project sits in Sonora, Mexico, a region known for productive silver districts. The project already hosts a solid inaugural resource, and ongoing drilling continues to outline additional high-grade mineralization across multiple vein systems. For retail investors, this combination of an existing resource base plus clear expansion potential offers a transparent path toward possible growth in contained ounces.</p> <h2 style="text-align: center;">Key Investor Takeaways</h2> <ul> <li>Minaurum Silver has engaged SGS, a firm with experience on other notable silver projects, to prepare an updated mineral resource estimate.</li> <li>The current resource stands at 55.2 million ounces silver equivalent, providing a measurable starting point for growth.</li> <li>A fully financed 50,000-meter drill program is actively testing extensions and new zones at the Alamos Silver Project in Sonora, Mexico.</li> <li>High-grade intercepts continue to be reported from several vein systems, supporting expectations for resource expansion.</li> <li>The company maintains a modest market capitalization relative to its exploration scale, with a share structure dominated by high-net-worth and institutional holders.</li> </ul> <h2 style="text-align: center;">Company's Unique Position and Drilling Catalysts</h2> <p><a href="https://minaurum.com/news/2026/minaurum-engages-sgs-to-complete-mineral-resource-update-on-the-alamos-silver-project/" target="_blank" rel="noopener">Minaurum said it launched a 50,000-meter, six-rig core drilling campaign in December 2025</a> focused on the Europa, Promontorio, and Travesia vein zones while also testing extensions along strike and down plunge. Additional targets include the Promontorio Sur and Europa Sur extensions, plus initial resource drilling at Quintera and San Jose. Numerous high-grade intercepts have already been reported from these areas.</p> <p>The updated estimate will fold in results from these zones, expanding the scope beyond the January 2026 inaugural mineral resource estimate. That earlier estimate covered 5.37 million tonnes containing 55.2 million ounces of silver equivalent grading 320 g/t silver equivalent, or 202 g/t silver, 0.21 g/t gold, 0.43% copper, 0.97% lead, and 2.01% zinc. The resource included 34.8 million ounces of silver, 35,640 ounces of gold, 51.0 million pounds of copper, 115 million pounds of lead, and 238 million pounds of zinc, supported by 104 drill holes totaling 35,888.15 meters.</p> <h2 style="text-align: center;">Industry Timing and Broader Metal Market Trends</h2> <p><a href="https://www.mining.com/copper-price-nearing-us-record-as-premium-doubles-shanghai-stockpiles-drop-82/?utm_source=Rock+Daily+%7C+RCKS+Master+Audience&amp;utm_campaign=08f8627353-EMAIL_CAMPAIGN_2018_04_10_COPY_01&amp;utm_medium=email&amp;utm_term=0_2d6e7dc0d4-08f8627353-606677560" target="_blank" rel="noopener">Mining.com reported on July 21 that copper prices had climbed to their highest level in more than a month</a> as evidence of a tightening physical market in China increased. <a href="https://www.kitco.com/news/article/2026-07-23/gold-prices-continue-hold-key-support-ecb-leaves-interest-rates-unchanged" target="_blank" rel="noopener">According to a July 23 report from Kitco News</a>, the gold market had continued to base-build at key long-term support levels after the European Central Bank left interest rates unchanged. <a href="https://www.cnbc.com/2026/07/23/silver-gold-prices-rebound-rally-correction.html" target="_blank" rel="noopener">CNBC reported on July 23 that spot silver traded at US$59.47 per ounce</a>, up about 6.3% from the end of the previous week. <a href="https://www.kitco.com/news/article/2026-07-22/silvers-correction-has-reset-market-clearing-way-sustainable-rally-70" target="_blank" rel="noopener">Writing for Kitco News on July 22, Neils Christensen reported that WisdomTree Head of Commodities and Macroeconomic Research Nitesh Shah viewed silver's correction as a reset for the market following January's record highs</a>.</p> <h2 style="text-align: center;"> Views on Recent Drill Results and Growth Potential</h2> <p><a href="https://thegoldadvisor.com/silver-stock-investor/newsletters/summer-doldrums-ending/" target="_blank" rel="noopener">In the July 22 edition of <em>Silver Stock</em>, Peter Krauth discussed Minaurum Silver's latest drill results from its 50,000-meter Phase II resource expansion program at the Alamos Silver Project</a>. Krauth highlighted continued high-grade mineralization expanding the Quintera, Europa Sur, Travesia, and San Jose vein zones. He noted one intercept of 5.95 meters grading 1,117 g/t silver equivalent at Quintera and expressed confidence that the overall resource could reach 100 Moz AgEq before long, given the fully financed drill program.</p> <h2 style="text-align: center;">Resource Expansion Activities Across Multiple Vein Zones</h2> <p>The 50,000-meter Phase II program is underway with six drill rigs and includes infill and step-out definition drilling. <a href="https://minaurum.com/site/assets/files/3832/mggppt-july21-2026-web.pdf#viewer.action=download" target="_blank" rel="noopener">According to the July 2026 presentation</a>, the program began with three advanced vein zones and followed approximately 65,000 meters drilled in 188 holes at Alamos, with additional assays pending. The presentation identifies the Promontorio, Europa, and Travesia vein zones as the initial focus while also directing drilling toward Promontorio Sur, Europa Sur, Quintera, and San Jose. High-grade mineralization has been identified in several additional vein zones, with Minas Nuevas, Alessandra, San Jose, and Pulpito-Cotera ready for systematic infill drilling. [OWNERSHIP_CHART-3158]</p> <h2 style="text-align: center;">Share Structure and Market Position</h2> <p>¹About 60% of the company is owned by high-net-worth investors, about 20% is retail, about 15% by precious metal funds, and about 5% by management. The company has a market capitalization of approximately CA$180 million, with 513.23 million shares outstanding. The stock has traded in a 52-week range of CA$0.22 to CA$0.65.</p> <h2 style="text-align: center;">Common Questions from Investors</h2> <h3>What is the Alamos Silver Project?</h3> <p>The Alamos Silver Project is a high-grade silver project in Sonora, Mexico. According to the company, the project's inaugural mineral resource estimate totaled 5.37 million tonnes containing 55.2 million ounces of silver equivalent.</p> <h3>Why did Minaurum engage SGS?</h3> <p>Minaurum announced that it engaged SGS Metallurgy and Consulting Geological Services to prepare an updated mineral resource estimate incorporating new drilling data from multiple vein zones at the Alamos Silver Project.</p> <h3>When will the updated resource estimate be released?</h3> <p>The company said the updated mineral resource estimate is expected later in 2026.</p> <h3>What metals are present at the project?</h3> <p>According to the company's resource estimate, the project contains silver, gold, copper, lead, and zinc. The resource includes 34.8 million ounces of silver, 35,640 ounces of gold, 51.0 million pounds of copper, 115 million pounds of lead, and 238 million pounds of zinc.</p> <p>Retail investors monitoring silver equities may find the combination of an existing resource, active expansion drilling, and an upcoming technical update worth following as Minaurum Silver advances the Alamos Silver Project in Sonora, Mexico.</p> <p><a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a></p><p>Important Disclosures:</p><ol> <li>Jordan Nova wrote this article for Streetwise Reports LLC and provides services to Streetwise Reports as an employee. </li> <li> This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company. </li> </ol> <p>For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting">here.</a></p> <p><strong>1. Ownership and Share Structure Information</strong></p> <p>The information listed above was updated on the date this article was published and was compiled from information from the company and various other data providers.</p><img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=31947"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=31947" width="0" height="0"> <p>( Companies Mentioned: MGG:TSXV;MMRGF:OTCQX, )</p> Fri, 24 Jul 2026 00:00:00 PST https://www.streetwisereports.com/article/2026/07/24/brazil-graphite-explorer-delivers-high-grade-hits-in-all-20-holes.html <p class="articleSource"> <b>Source: <a href="https://www.streetwisereports.com/article/2026/07/24/brazil-graphite-explorer-delivers-high-grade-hits-in-all-20-holes.html?utm_medium=feed">Streetwise Reports 07/24/2026</a></b> </p> Atlas Critical Minerals' graphite project in Minas Gerais, Brazil, posts a 100 percent intercept rate with high-grade results up to 33.78 meters at 7.97 percent Cg. Learn why this matters for investors now.<p>The global push for secure graphite supplies is intensifying as electric vehicle batteries and energy storage systems scale rapidly. Governments are actively working to reduce reliance on concentrated foreign production, creating a timely window for new development projects outside dominant supply regions.</p> <p><a href="https://www.streetwisereports.com/pub/co/11215?utm_medium=feed" target="_blank" rel="noopener">Atlas Critical Minerals Corp. (ATCX; NASDAQ)</a> has reported strong early validation at its Graphite Project in Minas Gerais, Brazil. <a href="https://www.atlascriticalminerals.com/news/atlas-critical-minerals-intersects-high-grade-graphite-all-20-drill-holes-confirm-mineralization-with-intercepts-up-to-33-78-meters-at-7-97-graphitic-carbon/" target="_blank" rel="noopener">The report showed initial assay results from the maiden diamond drilling program at its wholly owned Graphite Project in Minas Gerais, Brazil, with all 20 completed drill holes intersecting graphite mineralization at the first of the project's three mineral tenements.</a> The results position the company as a potential contributor to diversified graphite supply chains at an opportune moment.</p> <h2 style="text-align: center;">Why Graphite Demand Is Accelerating</h2> <p>Graphite serves as the primary anode material in lithium-ion batteries, enabling efficient energy storage and release. Demand is rising with electric vehicle adoption and grid-scale storage projects. At the same time, policy measures in the United States are emphasizing domestic and allied sources of critical minerals to strengthen supply resilience.</p> <p><a href="https://www.spglobal.com/energy/en/news-research/latest-news/metals/072026-trump-announces-directives-to-strengthen-domestic-aluminum-critical-mineral-production" target="_blank" rel="noopener">According to a July 20 report from Metals &amp; Mining</a>, recent executive actions target critical minerals used in defense and industrial applications. Separate analyses project meaningful market expansion. <a href="https://www.prnewswire.com/news-releases/graphite-market-size-to-hit-usd-10-10-billion-by-2031-as-lithium-ion-battery-gigafactories-accelerate-global-demand-says-mordor-intelligence-302829566.html" target="_blank" rel="noopener">Mordor Intelligence wrote on July 20 that the global graphite market was expected to reach US$6.30 billion in 2026</a> and reach US$10.10 billion by 2031 at a compound annual growth rate of 9.91 percent. <a href="https://www.alliedmarketresearch.com/graphite-market" target="_blank" rel="noopener">According to a January report from Market Research Future,</a> the market was valued at US$8.4 billion in 2023, with potential growth to US$13.2 billion by 2033.</p> <h2 style="text-align: center;">Key Investor Takeaways</h2> <ul> <li>All 20 initial drill holes at the first tenement intersected graphite, delivering a 100 percent success rate over roughly 2,300 meters.</li> <li>High-grade intervals include 33.78 meters at 7.97 percent graphitic carbon, confirming strong near-surface potential.</li> <li>The project benefits from prior geophysical surveys covering an 11-kilometer strike length and is advancing under Regulation S-K 1300 standards.</li> <li>Analyst coverage includes Buy ratings with price targets of US$42 and US$13.75, reflecting perceived upside from supply-chain shifts.</li> <li>Next milestones include a maiden resource estimate in Q4 2026 and a preliminary economic assessment in Q1 2027.</li> <li>Insider and management ownership of nearly 30 percent plus a strategic stake held by Atlas Lithium Corp. aligns interests with shareholders.</li> </ul> <h2 style="text-align: center;">Project Location and Early Results</h2> <p>The Malacacheta Graphite Project covers 2,822 hectares across three contiguous mineral tenements in Minas Gerais, Brazil. <a href="https://www.atlascriticalminerals.com/wp-content/uploads/2026/06/Atlas-Critical-Minerals-Brief-Corporate-Overview-June-2026.pdf" target="_blank" rel="noopener">According to the company's June 2026 corporate presentation,</a> surface graphite occurrences were already visible before drilling began. The 2026 program was guided by geological mapping, grab sampling, and 27.5 kilometers of ground geophysics that outlined anomalies along an approximate 11-kilometer strike.</p> <p>Assays from the first 20 holes confirmed multiple high-grade intervals. Notable results include 33.78 meters grading 7.97 percent graphitic carbon in hole MPDDH-0009, 22.66 meters at 8.27 percent in MPDDH-0007, 11.00 meters at 8.03 percent in MPDDH-0002, and separate intervals of 6.00 meters at 9.55 percent plus 19.36 meters at 6.09 percent in MPDDH-0006. Graphitic carbon, commonly abbreviated Cg, measures the graphite content in mineralized rock and is the standard reporting metric for graphite assays.</p> <h2 style="text-align: center;">Technical Oversight and Metallurgical Potential</h2> <p>Work follows Item 1300 of Regulation S-K. Marc-Antoine Laporte of SGS Canada Inc. acts as the Qualified Person for graphite under this framework. An earlier Technical Report Summary incorporated metallurgical testing at a specialized U.S. laboratory, where samples met battery-grade and nuclear-grade qualification standards.</p> <p><a href="https://www.atlascriticalminerals.com/news/atlas-critical-minerals-intersects-high-grade-graphite-all-20-drill-holes-confirm-mineralization-with-intercepts-up-to-33-78-meters-at-7-97-graphitic-carbon/" target="_blank" rel="noopener">Marc Fogassa, chairman and chief executive officer of Atlas Critical Minerals, said in a company news release,</a> "These are outstanding initial drill results that validate our earlier exploration work. Every one of the first 20 holes intersected graphite, including a nearly 34-meter interval averaging close to 8 percent graphitic carbon."</p> <h2 style="text-align: center;">Upcoming Catalysts and Development Path</h2> <p>Drilling continues on the remaining two tenements, targeting the balance of the open strike length. SGS Canada has been engaged to prepare a maiden Mineral Resource Estimate expected in the fourth quarter of 2026. A Preliminary Economic Assessment is planned for the first quarter of 2027. Additional work includes mineralogical characterization and bench-scale metallurgical testing to optimize recovery and assess flake-size distribution. [OWNERSHIP_CHART-11215]</p> <h2 style="text-align: center;">Analyst Views and Valuation Context</h2> <p>On January 30, 2026, Jake Sekelsky of Alliance Global issued a Buy rating with a US$42 target price. On April 6, 2026, H.C. Wainwright &amp; Co. also assigned a Buy rating and a US$13.75 price target, citing the company's large-scale land position in Brazil and its positioning amid structural changes in critical minerals supply chains.</p> <h2 style="text-align: center;">Share Structure and Ownership</h2> <p>¹About 30 percent of Atlas Critical Minerals is owned by insiders and management. <a href="https://www.streetwisereports.com/pub/co/11040?utm_medium=feed" target="_blank" rel="noopener">Atlas Lithium Corp. (ATLX:NASDAQ)</a> holds approximately 20 percent. The company has a market capitalization of nearly US$18 million with roughly 5 million shares outstanding. Shares have traded in a 52-week range between US$3.02 and US$14.01.</p> <h2 style="text-align: center;">Common Questions from Investors</h2> <p><strong>What were the standout drill intercepts?</strong> The highest-grade intervals included 33.78 meters at 7.97 percent Cg, 22.66 meters at 8.27 percent Cg, and 11.00 meters at 8.03 percent Cg.</p> <p><strong>When are the next major milestones?</strong> A maiden resource estimate is scheduled for Q4 2026, followed by a preliminary economic assessment in Q1 2027.</p> <p><strong>Why is the project considered strategically relevant?</strong> Graphite is the dominant anode material in lithium-ion batteries, and policy initiatives are encouraging supply sources outside concentrated producing regions.</p> <p><strong>What is the current ownership profile?</strong> Insiders and management hold about 30 percent, while Atlas Lithium Corp. owns roughly 20 percent, aligning interests with retail shareholders.</p> <p>The initial drilling success at the Minas Gerais project provides concrete evidence of graphite mineralization across the first tenement. With ongoing work on the remaining strike, a clear path to resource definition, and supportive market fundamentals, retail investors have a defined set of milestones to monitor as the company advances its graphite assets.</p> <p>[SMNLINSERT]</p><p>Important Disclosures:</p><ol> <li>Allied Critical Metals Inc. and Atlas Lithium Corp are billboard sponsors of Streetwise Reports and pay SWR a monthly sponsorship fee between US$3,000 and US$6,000. </li> <li>As of the date of this article, officers, contractors, shareholders, and/or employees of Streetwise Reports LLC (including members of their household) own securities of Allied Critical Metals Inc. and Atlas Lithium Corp.</li> <li>Jordan Nova wrote this article for Streetwise Reports LLC and provides services to Streetwise Reports as an employee. </li> <li>This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company. </li> </ol> <p>For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting" target="_blank" rel="noopener">here.</a></p> <p><strong>1. Ownership and Share Structure Information</strong></p> <p>The information listed above was updated on the date this article was published and was compiled from information from the company and various other data providers.</p><img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=31946"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=31946" width="0" height="0"> <p>( Companies Mentioned: ATCX;NASDAQ, )</p> ATCX;NASDAQ Fri, 24 Jul 2026 00:00:00 PST https://www.streetwisereports.com/article/2026/07/24/five-new-uranium-drill-targets-emerge-as-exploration-corridor-grows.html <p class="articleSource"> <b>Source: <a href="https://www.streetwisereports.com/article/2026/07/24/five-new-uranium-drill-targets-emerge-as-exploration-corridor-grows.html?utm_medium=feed">Streetwise Reports 07/24/2026</a></b> </p> Stallion Uranium Corp. (STUD:TSX; STLNF:OTCQB; FE0:FSE) identified five priority drill target areas after expanding a gravity survey at its Coyote target in the Athabasca Basin.<p class="PDq2pG_selectionAnchorContainer" data-start="9" data-end="632"><strong><span class="for_co_card_10167">Stallion Uranium Corp. (STUD:TSX; STLNF:OTCQB; FE0; FSE) </span></strong>announced <a href="https://www.stallionuranium.com/news/news-releases/stallion-uranium-identifies-multiple-new-high-priority-uranium-drill-targets-at-coyote-from-integrated-geophysics" target="_blank" rel="noopener">the completion of an expanded ground gravity survey at its Coyote target, which identified multiple new high-priority uranium drill targets and extended the prospective strike length of the Coyote exploration corridor within the Moonlite Project, part of the southwestern Athabasca Basin Joint Venture with <strong>ATHA Energy Corp. (SASK:TSX.V; SASKF:OTCMKTS; X5U:FRA).</strong></a><strong> </strong>The survey was completed in two phases and expanded coverage across the interpreted Coyote conductive corridor beyond the company's previously announced gravity results dated July 14, 2025.</p> <p data-start="634" data-end="1299">According to the company, the expanded survey identified five integrated target areas across the Coyote corridor, designated A through E, where gravity lows coincide with interpreted structures and conductive corridors. The company said several gravity low anomalies occur at structural intersections that are recognized as favorable settings for Athabasca uranium deposits. The survey also extended the prospective strike length beyond the original target area and contributed to an updated geological model that integrated gravity data with previously completed MobileMT, ground TDEM, magnetic, and structural interpretations.</p> <p data-start="1301" data-end="1755"><a href="https://www.stallionuranium.com/news/news-releases/stallion-uranium-identifies-multiple-new-high-priority-uranium-drill-targets-at-coyote-from-integrated-geophysics" target="_blank" rel="noopener">Matthew Schwab, CEO of Stallion, said</a>, "Through every step of this exploration program, we continue to strengthen our confidence in the Coyote corridor. The expanded gravity survey has materially increased the number of high-priority drill targets while further validating the geological model we have been building over the past several years. As we continue integrating each dataset, we're seeing a larger and more compelling exploration system emerge."</p> <p data-start="1757" data-end="1939">He added, "The integration of multiple independent geophysical datasets continues to refine drill targeting while systematically reducing geological risk across the Coyote Corridor."</p> <p data-start="1941" data-end="2528">The company said the eastern extension expanded the survey footprint across the remainder of the interpreted conductive corridor and identified several additional discrete gravity low features. These gravity lows occur in areas interpreted to contain significant structural complexity and are spatially associated with electromagnetic conductors interpreted from previous MobileMT, HeliSam, and ground TDEM surveys. The integrated dataset outlines multiple priority target areas distributed along the Coyote corridor outside the previous survey area.</p> <p data-start="2530" data-end="3351">Following completion of the survey extension, Stallion integrated the new gravity data into an updated three-dimensional exploration model. According to the company, the gravity inversion suggests several gravity low features extend beneath the unconformity and are associated with interpreted fault intersections and graphitic conductive horizons. The company said the updated geological model will be used to refine future drill collar locations and prioritize exploration across the broader Coyote corridor. Convolutions Geoscience completed a 3D inversion of the gravity data using industry-standard Fullagar Vertical Prism Magnetic and Gravity (VPmg) codes to estimate subsurface density variations and assist in delineating alteration zones of interest for uranium exploration.</p> <div class="qMYqUG_convSearchResultHighlightRoot"> <div class="" data-turn-id-container="request-WEB:06907f48-409a-4cf8-b9ff-3986a765a35d-3" data-is-intersecting="true"> <section class="text-token-text-primary w-full focus:outline-none has-data-writing-block:pointer-events-none [&amp;:has([data-writing-block])&gt;*]:pointer-events-auto R6Vx5W_threadScrollVars scroll-mb-[calc(var(--scroll-root-safe-area-inset-bottom,0px)+var(--thread-response-height))] scroll-mt-[calc(var(--header-height)+min(200px,max(70px,20svh)))]" dir="auto" data-turn-id="request-WEB:06907f48-409a-4cf8-b9ff-3986a765a35d-3" data-turn-id-container="request-WEB:06907f48-409a-4cf8-b9ff-3986a765a35d-3" data-testid="conversation-turn-8" data-turn="assistant"> <div class="text-base my-auto mx-auto pb-15 [--thread-content-margin:var(--thread-content-margin-xs,calc(var(--spacing)*4))] @w-sm/main:[--thread-content-margin:var(--thread-content-margin-sm,calc(var(--spacing)*6))] @w-lg/main:[--thread-content-margin:var(--thread-content-margin-lg,calc(var(--spacing)*16))] px-(--thread-content-margin)"> <div class="[--thread-content-max-width:40rem] @w-lg/main:[--thread-content-max-width:48rem] mx-auto max-w-(--thread-content-max-width) flex-1 group/turn-messages focus-visible:outline-hidden relative flex w-full min-w-0 flex-col agent-turn" data-conversation-screenshot-content=""> <div class="flex max-w-full flex-col gap-4 grow"> <div class="min-h-8 text-message relative flex w-full flex-col items-end gap-2 text-start break-words whitespace-normal outline-none keyboard-focused:focus-ring [.text-message+&amp;]:mt-1" dir="auto" tabindex="0" data-message-author-role="assistant" data-message-id="db604a21-b1dd-4293-92c3-232c341e6a28" data-message-model-slug="gpt-5-5" data-turn-start-message="true"> <div class="flex w-full flex-col gap-1 empty:hidden"> <div class="markdown prose dark:prose-invert wrap-break-word w-full dark markdown-new-styling"> <h2 class="PDq2pG_selectionAnchorContainer" style="text-align: center;" data-section-id="1ofwwkj" data-start="0" data-end="18">Uranium Sector Backed by Tight Supply, Rising Demand</h2> <p data-start="20" data-end="1499"><a href="https://www.proactiveinvestors.com/companies/news/1095799/uranium-fundamentals-keep-improving-but-market-takes-its-time-to-catch-up-1095799.html" target="_blank" rel="noopener">According to a July 21 analysis from Sprott Asset Management</a>, uranium market fundamentals had continued to strengthen even as uranium mining equities underperformed during the first half of the year. The report stated that "this performance divergence reflects a combination of near-term market uncertainty, risk-off positioning and subdued investor sentiment rather than any deterioration in the sector's underlying fundamentals." Sprott reported that the long-term uranium price had reached US$94 per pound at the end of June, its highest level in 18 years, while spot uranium had gained 4.28% year to date. The report also stated that "the rapid expansion of AI data centers, reshoring, advanced manufacturing, and electrification are accelerating the demand for reliable, base load electricity," while demand not yet covered by existing uranium contracts was projected to exceed 3 billion pounds through 2045.</p> <p data-start="20" data-end="1499">Jacob White, director of ETF product management at Sprott Asset Management, told <em data-start="1014" data-end="1025">Proactive</em> that "the demand and supply fundamentals for uranium miners have rarely been stronger," while noting that "the market has not focused on that." He also said utilities were "beginning to face much larger uncovered requirements" for uranium supply within their contracting window. Sprott further noted that Canada's Nuclear Energy Strategy targeted a doubling of uranium exports by 2035 while reinforcing the country's position as the world's second-largest uranium producer.</p> <p data-start="1501" data-end="2309"><a href="https://www.mining.com/sprott-sees-buying-opportunity-as-uranium-stocks-trail-market/" target="_blank" rel="noopener">The Northern Miner cited Jacob White, who wrote, </a>"A rising long-term price shows that the market remains tight, even if equity markets don't reflect it." According to the report, Sprott said tightening long-term supply, stronger nuclear policies, and rising electricity demand continued to support uranium. The publication also noted that long-term uranium prices more closely reflected utility contracting, mine economics, and pricing required to encourage new production, while governments had shifted from broad support for nuclear energy toward financing and regulatory reforms intended to advance projects.</p> <p data-start="2311" data-end="2898" data-is-last-node="" data-is-only-node=""><a href="https://bravenewcoin.com/insights/uranium-price-stabilizes-near-86-as-cameco-signals-an-early-reversal" target="_blank" rel="noopener">BNC reported on July 24 that uranium was trading at approximately US$85.75 per pound after several months of relatively narrow price movement.</a> According to the report, the commodity had remained within an established trading range following a temporary move above US$100 earlier in the year, with support holding between approximately US$84 and US$85 per pound. The publication stated that technical indicators had shown "mild improvement," while the price action indicated that "since April, sharp down moves have stopped occurring," as uranium continued to trade within a stable range.</p> <h2 class="PDq2pG_selectionAnchorContainer" style="text-align: center;" data-section-id="1j10v7m" data-start="0" data-end="75">Paydirt Prospector Reiterated Buy Rating as Coyote Exploration Advanced</h2> <p data-start="77" data-end="283"><a href="https://thegoldadvisor.com/paydirt-prospector/newsletters/mid-summer-full-portfolio-update-2/" target="_blank" rel="noopener">According to the July 9 <em data-start="101" data-end="154">Paydirt Prospector Mid-Summer Full Portfolio Update</em>,</a> Jeff Clark and Daniel Flynn maintained a Buy rating on Stallion Uranium. The publication did not provide a formal price target.</p> <p data-start="285" data-end="450">Clark and Flynn described the company as "a high-risk speculation, a pre-discovery play," adding, "But it could also move like Usain Bolt if the drill bit delivers."</p> <p data-start="452" data-end="765">The newsletter stated that Stallion was "testing Coyote for a big basement-hosted uranium system in the Athabasca Basin for the first time." It added that the project was "drawing comparisons to<strong> NexGen Energy Ltd.'s (NXE:TSX; NXE:NYSE.MKT) </strong>Arrow deposit, with early drilling already turning up elevated radioactivity and promising structural signs."</p> <p data-start="767" data-end="1045" data-is-last-node="" data-is-only-node="">The authors cautioned, "That's not a discovery yet. Assays decide that." They also wrote that "Stallion has already expanded the program, and the stock bounced back quickly after falling on the last update." The report concluded, "This is an overweight position for Jeff and I."</p> </div> </div> </div> </div> </div> </div> </section> </div> </div> <h2 style="text-align: center;">Next Catalysts Focus on Assays and Additional Drill Testing</h2> <p>Much of the exploration work outlined in Stallion's March 2026 corporate presentation has now been completed. The company has already advanced its winter diamond drilling program at the Coyote Corridor, expanded the program following encouraging early results, completed multiple geophysical surveys, and released the results of its expanded ground gravity survey that identified five priority drill target areas.</p> <p>According to the <a href="https://www.stallionuranium.com/_resources/presentations/Stallion-Uranium_Corporate-Presentation_2026-03-11_WEBSITE.pdf?v=072410?v=1738528164" target="_blank" rel="noopener">company's March 2026 corporate presentation</a>, drilling at the Fishhook and Lynx targets remained part of the company's broader exploration plans, although no subsequent company releases indicated that drilling had begun at either target.</p> <p>The presentation also stated that geophysical work would continue across priority targets as the company refined its exploration pipeline. With the current drilling program completed, results from the Coyote diamond drilling program remain outstanding. As noted in the July 9 Paydirt Prospector Mid-Summer Full Portfolio Update, "That's not a discovery yet. Assays decide that." [OWNERSHIP_CHART-10167]</p> <h2 style="text-align: center;"><strong>Ownership and Share Structure¹</strong></h2> <p>Less than 10% of the company is owned by insiders and management, and there are no institutional holders. Strategic investor Matt Mason, a founder of Hathor, has about 30%, the company said.</p> <p>The company's market capitalization is approximately CA$37.53&#8239;million with about 150.13&#8239;million shares outstanding on a fully diluted basis. The 52&#8209;week range is CA$0.19 to CA$0.53. </p> <h2 class="PDq2pG_selectionAnchorContainer" style="text-align: center;" data-section-id="1xvwnkw" data-start="368" data-end="375"><strong>FAQs</strong></h2> <h3 data-section-id="1l1tthk" data-start="377" data-end="437"><strong>What did Stallion Uranium announce at the Coyote target?</strong></h3> <p data-start="438" data-end="742">Stallion Uranium announced the completion of an expanded ground gravity survey at its Coyote target within the Moonlite Project. According to the company, the survey identified multiple new high-priority uranium drill targets and expanded the prospective strike length of the Coyote exploration corridor.</p> <h3 data-section-id="18iib8n" data-start="744" data-end="799"><strong>Where is Stallion Uranium's Coyote project located?</strong></h3> <p data-start="800" data-end="922">The Coyote target is part of the Moonlite Project in the southwestern Athabasca Basin Joint Venture with Atha Energy Corp.</p> <h3 data-section-id="1iabnze" data-start="924" data-end="986"><strong>How many new drill target areas were identified at Coyote?</strong></h3> <p data-start="987" data-end="1170">According to Stallion Uranium, five priority drill target areas, labeled A through E, were identified where gravity lows coincide with interpreted structures and conductive corridors.</p> <h3 data-section-id="ucxdlj" data-start="1172" data-end="1241"><strong>What exploration methods were used at the Coyote uranium project?</strong></h3> <p data-start="1242" data-end="1458">The company said it integrated ground gravity survey results with MobileMT, ground TDEM, magnetic, and structural interpretation data to generate an updated three-dimensional exploration model for the Coyote corridor.</p> <h3 data-section-id="zrxhcr" data-start="1460" data-end="1521"><strong>Why are gravity surveys important in uranium exploration?</strong></h3> <p data-start="1522" data-end="1777">According to Stallion Uranium, the expanded gravity survey identified gravity low anomalies associated with interpreted conductive trends and structural complexity. The company said these datasets help refine drill targeting and geological interpretation.</p> <h3 data-section-id="sx7olu" data-start="1779" data-end="1812"><strong>What is the Moonlite Project?</strong></h3> <p data-start="1813" data-end="2023">The Moonlite Project is located in the southwestern Athabasca Basin and is part of a joint venture between Stallion Uranium and Atha Energy Corp. The Coyote target is one of the project's exploration corridors.</p> <h3 data-section-id="m41sjs" data-start="2025" data-end="2084"><strong>What are the next steps for Stallion Uranium at Coyote?</strong></h3> <p data-start="2085" data-end="2309">The company said the newly identified gravity targets will be incorporated into upcoming drill planning, with priority given to areas where gravity lows coincide with conductive corridors and interpreted basement structures.</p> <h3 data-section-id="xdegm9" data-start="2311" data-end="2353"><strong>What is the Athabasca Basin known for?</strong></h3> <p data-start="2354" data-end="2554">The Athabasca Basin is one of the world's best-known uranium exploration regions and hosts numerous uranium deposits. Stallion Uranium's Moonlite Project is located in the basin's southwestern region.</p> <h3 data-section-id="15nyq3v" data-start="2556" data-end="2619"><strong>Who reviewed the technical information in the announcement?</strong></h3> <p data-start="2620" data-end="2822">According to the company, Darren Slugoski, P.Geo., vice president of exploration, reviewed and approved the scientific and technical disclosures as the Qualified Person under National Instrument 43-101.</p> <h3 data-section-id="1ct0f16" data-start="2824" data-end="2883"><strong>What did the expanded Coyote gravity survey accomplish?</strong></h3> <p data-start="2884" data-end="3122">According to Stallion Uranium, the expanded survey increased coverage across the interpreted conductive corridor, identified additional gravity low anomalies, and contributed to an updated geological model used for future drill targeting.</p> <p data-start="2884" data-end="3122"><a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a></p><p>Important Disclosures:</p><ol> <li>As of the date of this article, officers, contractors, shareholders, and/or employees of Streetwise Reports LLC (including members of their household) own securities of Stallion Uranium Corp</li> <li>James Guttman wrote this article for Streetwise Reports LLC and provides services to Streetwise Reports as an employee.</li> <li> This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company. </li> </ol> <p>For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting" target="_blank" rel="noopener">here.</a></p> <p><strong>1. Ownership and Share Structure Information</strong></p> <p>The information listed above was updated on the date this article was published and was compiled from information from the company and various other data providers.</p><img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=31945"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=31945" width="0" height="0"> <p>( Companies Mentioned: STUD:TSX; STLNF:OTCQB; FE0; FSE, )</p> Fri, 24 Jul 2026 00:00:00 PST https://www.streetwisereports.com/article/2026/07/24/gold-drill-program-begins-at-former-high-grade-producer-backed-by-up-to-us-25m-agreement.html <p class="articleSource"> <b>Source: <a href="https://www.streetwisereports.com/article/2026/07/24/gold-drill-program-begins-at-former-high-grade-producer-backed-by-up-to-us-25m-agreement.html?utm_medium=feed">Streetwise Reports 07/24/2026</a></b> </p> Galway Metals Inc. (GWM:TSX.V; GAYMF:OTCQB) has begun a 5,000-meter drill program at its Estrades Project in Qubec under the Phase I work program of its agreement with DOWA METALS & MINING.<p><a href="https://www.streetwisereports.com/pub/co/517?utm_medium=feed" target="_blank" rel="noopener">Galway Metals Inc. (GWM:TSX.V; GAYMF:OTCQB)</a> announced <a href="https://galwaymetalsinc.com/2026/07/galway-metals-commences-5000-metre-drill-program-at-estrades-funded-by-dowa__trashed-2/" target="_blank" rel="noopener">that two diamond drills have been mobilized and drilling has commenced at its Estrades Project in the northern Abitibi region of western Qu&eacute;bec.</a> The approximately 5,000-meter program is part of the Phase I work program under the Option and Joint Venture Term Sheet with DOWA METALS &amp; MINING CO., LTD., which was announced in January 2026. According to the company, the Estrades Project is a high-grade, gold- and zinc-rich volcanic massive sulphide deposit. Historically, Breakwater Resources Ltd. invested approximately CAD$20 million in developing the deposit, which was mined through a 200-meter-deep ramp during 1990 and 1991. Galway also noted that it released a positive Preliminary Economic Assessment for the project earlier this year.</p> <p data-start="881" data-end="1393">"We have just finished the 3rd drill hole of this campaign, and we are very optimistic about Estrades' prospects moving forward," President and CEO Robert Hinchcliffe said. He added that the drilling program is intended to provide representative material for the next phase of metallurgical work while collecting geological information across the Main, Central and East zones. According to Hinchcliffe, "Together, this work will help us continue evaluating the development pathways identified in the recent PEA."</p> <p data-start="1395" data-end="1974">The Estrades Project consists of a series of gold, zinc, copper, lead and silver-rich massive sulphide lenses located about 95 kilometers north-northeast of La Sarre, Qu&eacute;bec. Breakwater Resources mined the deposit between July 1990 and May 1991, developing a decline to the 190-meter level and a network of ramp-connected levels. Ore from Estrades was shipped approximately 135 kilometers to the Matagami Mill for processing. The company stated that the deposit is presently envisioned as an underground mining operation, with additional regional and local exploration prospects.</p> <p data-start="1976" data-end="2424">The current drilling program is focused on obtaining fresh mineralized material suitable for metallurgical testwork. Drill holes are planned across the Main, Central and East zones to collect samples representing the principal mineralization styles and grade ranges at Estrades. SGS Canada will conduct the metallurgical testing at its Burnaby facility, and the results will be incorporated into Galway and DOWA's ongoing evaluation of the project.</p> <p data-start="2426" data-end="2725">Galway said it has completed 52,281 meters of drilling at Estrades since acquiring the project in 2016. <a href="https://galwaymetalsinc.com/2026/07/galway-metals-commences-5000-metre-drill-program-at-estrades-funded-by-dowa__trashed-2/" target="_blank" rel="noopener">According to the company</a>, the additional drilling is expected to improve local geological confidence and provide information that may support future resource, engineering and development studies.</p> <p data-start="2426" data-end="2725"><a href="https://galwaymetalsinc.com/2026/07/galway-metals-commences-preliminary-economic-assessment-at-clarence-stream-gold-project/" target="_blank" rel="noopener">Separately, Galway Metals announced that it has engaged BBA E&amp;C Inc. to complete a Preliminary Economic Assessment (PEA) for its 100%-owned Clarence Stream gold project in southwestern New Brunswick.</a> According to the company, the study will build on the updated 2026 Mineral Resource Estimate announced on July 13 and will evaluate mining and processing alternatives, infrastructure requirements, capital and operating cost estimates, and engineering trade-off studies.</p> <p data-start="2426" data-end="2725">The PEA will be based on the project's indicated mineral resource of 27.2 million tonnes grading 1.62 grams per tonne gold containing 1.42 million ounces of gold and inferred mineral resource of 28.5 million tonnes grading 1.40 grams per tonne gold containing 1.29 million ounces of gold. The company said it expects the study to be completed during the first quarter of 2027. "The completion of our updated mineral resource estimate marked an important milestone for the Clarence Stream project and provides a strong foundation for advancing the project through a preliminary economic assessment," President and CEO Robert Hinchcliffe said in the company's news release.</p> <div class="" data-turn-id-container="request-WEB:0ba9eb8b-b872-4ea5-8811-e8aa7bd88e04-2" data-is-intersecting="true"> <section class="text-token-text-primary w-full focus:outline-none has-data-writing-block:pointer-events-none [&amp;:has([data-writing-block])&gt;*]:pointer-events-auto R6Vx5W_threadScrollVars scroll-mb-[calc(var(--scroll-root-safe-area-inset-bottom,0px)+var(--thread-response-height))] scroll-mt-[calc(var(--header-height)+min(200px,max(70px,20svh)))]" dir="auto" data-turn-id="request-WEB:0ba9eb8b-b872-4ea5-8811-e8aa7bd88e04-2" data-turn-id-container="request-WEB:0ba9eb8b-b872-4ea5-8811-e8aa7bd88e04-2" data-testid="conversation-turn-6" data-turn="assistant"> <div class="text-base my-auto mx-auto pb-15 [--thread-content-margin:var(--thread-content-margin-xs,calc(var(--spacing)*4))] @w-sm/main:[--thread-content-margin:var(--thread-content-margin-sm,calc(var(--spacing)*6))] @w-lg/main:[--thread-content-margin:var(--thread-content-margin-lg,calc(var(--spacing)*16))] px-(--thread-content-margin)"> <div class="[--thread-content-max-width:40rem] @w-lg/main:[--thread-content-max-width:48rem] mx-auto max-w-(--thread-content-max-width) flex-1 group/turn-messages focus-visible:outline-hidden relative flex w-full min-w-0 flex-col agent-turn" data-conversation-screenshot-content=""> <div class="flex max-w-full flex-col gap-4 grow"> <div class="min-h-8 text-message relative flex w-full flex-col items-end gap-2 text-start break-words whitespace-normal outline-none keyboard-focused:focus-ring [.text-message+&amp;]:mt-1" dir="auto" tabindex="0" data-message-author-role="assistant" data-message-id="ef264995-5900-4184-a9d6-ea5fa845b0e9" data-message-model-slug="gpt-5-5" data-turn-start-message="true"> <div class="flex w-full flex-col gap-1 empty:hidden"> <div class="markdown prose dark:prose-invert wrap-break-word w-full dark markdown-new-styling"> <h2 style="text-align: center;" data-section-id="1xkzr7e" data-start="0" data-end="15">Commodity Markets Highlight Strength in Gold and Copper</h2> <p data-start="17" data-end="260"><a href="https://www.jmbullion.com/charts/gold-price/" target="_blank" rel="noopener">Gold traded at US$4,069.32 per ounce as of 5:46 a.m. EDT on July 24, according to live spot pricing data.</a> The market data showed gold gaining US$12.44, or 0.31%, on the day, with bid and ask prices of US$4,054.82 and US$4,069.32, respectively.</p> <p data-start="17" data-end="260"><a href="https://www.mining.com/copper-price-nearing-us-record-as-premium-doubles-shanghai-stockpiles-drop-82/?utm_source=Rock+Daily+%7C+RCKS+Master+Audience&amp;utm_campaign=08f8627353-EMAIL_CAMPAIGN_2018_04_10_COPY_01&amp;utm_medium=email&amp;utm_term=0_2d6e7dc0d4-08f8627353-606677560" target="_blank" rel="noopener">Mining.com reported on July 21 </a>that copper prices had reached their highest level in more than a month as signs of a tightening physical market in China strengthened and traders renewed expectations that the United States could impose tariffs on refined copper imports. According to the publication, the premium for spot cathode over Shanghai futures rose to 435 yuan (US$61) per tonne, the highest level since May 2025, while the Yangshan premium climbed to US$103 per tonne, also its highest level since May 2025. Mining.com further reported that deliverable copper inventories tracked by the Shanghai Futures Exchange had fallen 82% since early May, while London Metal Exchange inventories declined 28% over the same period. ING commodities strategist Ewa Manthey told the publication, "Copper is being pulled higher by a tightening Chinese market," adding that "the rally will need continued evidence of physical tightness to extend much further." Mining.com also noted that the London Metal Exchange cash-to-three-month spread had narrowed toward backwardation, describing the move as an indication of tightening near-term copper availability.</p> <p data-start="262" data-end="820"><a href="https://www.cnbc.com/2026/07/22/john-paulson-says-we-are-in-early-stages-of-a-long-term-bull-market-for-gold.html" target="_blank" rel="noopener">CNBC reported on July 22 that investor John Paulson said he believed the gold market remained in the early stages of a longer-term trend</a>. "I do think we're in the beginnings or the early stages of a long-term bull market for gold," Paulson said during an interview on CNBC's <em data-start="537" data-end="551">The Exchange</em>. He also said demand for bullion had continued to broaden, adding that central banks had been increasing their reserves alongside growing private-sector interest. "The demand from central banks, for instance, has continued to grow, as has the private sector," he said.</p> <p data-start="822" data-end="1405" data-is-last-node="" data-is-only-node=""><a href="https://www.kitco.com/news/article/2026-07-23/gold-prices-continue-hold-key-support-ecb-leaves-interest-rates-unchanged" target="_blank" rel="noopener">According to a July 23 report from Kitco News,</a> gold prices continued to hold key long-term support levels after the European Central Bank left interest rates unchanged. The report said the ECB maintained its deposit facility, main refinancing operations and marginal lending facility rates at 2.25%, 2.40% and 2.65%, respectively. In its monetary policy statement, the central bank said, "Uncertainty remains high and the full inflationary impact of the energy shock has yet to play out." </p> <p data-start="822" data-end="1405" data-is-last-node="" data-is-only-node=""> </p> <h2 class="PDq2pG_selectionAnchorContainer" style="text-align: center;" data-section-id="a97i8t" data-start="0" data-end="74">Red Cloud Reviewed Updated Resource Estimate and Reiterated Buy Rating</h2> <p data-start="76" data-end="662">In a July 14 research note, Red Cloud Securities analyst Ron Stewart reviewed Galway Metals' updated Mineral Resource Estimate for the Clarence Stream project and maintained a BUY rating with a CA$2.20 per share target price. Stewart wrote that the updated estimate increased the project's total gold resource to 2.7 million ounces, "up 450Koz or 20% from the 2022 MRE," while "Indicated ounces increased by 54% to 1.42Moz, lifting the Indicated share of the resource to 52% from 41%." He also noted that the estimate incorporated "342 holes over ~70,000m completed since the 2022 MRE."</p> <p data-start="664" data-end="1094">Stewart stated that the average grade declined to 1.62 grams per tonne gold from 2.3 grams per tonne gold because the updated estimate used a long-term gold price of US$3,250 per ounce compared with US$1,650 per ounce in the 2022 estimate. He wrote that this change "more than doubled the Indicated tonnage to 27.2Mt" and added, "With the resource now in hand, the GWM is reviewing proposals to contract a PEA on Clarence Stream."</p> <p data-start="1096" data-end="1627">The report also stated that optimized open-pit shells contained 2.37 million ounces of gold, representing 88% of the total resource, with the remaining 331,000 ounces contained in underground resources. Stewart further noted that contained antimony in the Indicated category had doubled to 19,500 tonnes, while the Inferred antimony resource had increased to 3,100 tonnes. He wrote that metallurgical testing had produced "antimony recoveries of up to ~84% in a flotation concentrate alongside gold extraction rates of 85% to 98%."</p> <p data-start="1629" data-end="2188" data-is-last-node="" data-is-only-node="">Stewart also wrote that "All three deposits remain open," noting that drilling had extended mineralization at the North deposit by approximately 430 meters beyond the previous pit shell and that 12 high-priority geochemical and geophysical targets had been identified across the 65-kilometer trend. He concluded, "We believe a larger, higher-confidence resource, four rigs completing the 40,000m 2026 program, and the move into economic studies should help close the valuation gap," while reiterating Red Cloud's BUY rating and CA$2.20 per share target price.</p> </div> </div> </div> </div> </div> </div> </section> </div> <h2 style="text-align: center;" data-section-id="gx7r7v" data-start="2727" data-end="2777">Project Work Continues Across Multiple Programs</h2> <p data-start="2779" data-end="3265">According to the company, the current Phase I work program includes approximately 5,000 meters of drilling and metallurgical testing under the Option and Joint Venture Term Sheet with DOWA. The program includes drilling across the Main, Central and East zones to collect representative mineralized material for metallurgical testing, with SGS Canada conducting the planned work at its Burnaby facility. Test results will be incorporated into Galway and DOWA's evaluation of the project. [OWNERSHIP_CHART-517]</p> <p data-start="3267" data-end="3726">Galway also outlined several ongoing project initiatives. An environmental baseline study is expected to begin in the second quarter of 2026, alongside continued work on the company's community outreach program. The company stated that work will continue toward upgrading the mineral resource through drilling at depth and testing the lateral extent of the deposit. Metallurgical studies will also continue with the stated goal of increasing metal recoveries.</p> <p data-start="3728" data-end="4177" data-is-last-node="" data-is-only-node=""><a href="https://wp-galwaymetalsinc-2023.s3.ca-central-1.amazonaws.com/media/2026/07/GWM_Corporate_Presentation_July_13_2026.pdf" target="_blank" rel="noopener">The July 2026 corporate presentation</a> further outlined the Phase I work program under the DOWA agreement, stating that it includes exploration drilling, additional metallurgical testwork and baseline studies. The presentation also notes that DOWA may earn up to a 45% participating interest in the project through total contributions of up to US$25 million under a three-phase option and joint venture structure.</p> <h2 style="text-align: center;"><strong>Ownership and Share Structure¹</strong></h2> <p>Insiders hold 7.31% of Galway, including 6.62% held by CEO Rob Hinchcliffe. Institutional ownership totals 18.52%, led by Van Eck Associates Corp. at 4.45%, Caisse de d&eacute;p&ocirc;t et placement du Qu&eacute;bec at 3.33%, and Mackenzie Investments at 3.27%. The remainder of the shares are held by retail investors.</p> <p>Galway has 125.76 million shares outstanding and a market capitalization of CA$90.11 million. The company's 52-week trading range is CA$0.32 to CA$1.01 per share. </p> <h2 class="PDq2pG_selectionAnchorContainer" style="line-height: 1; text-align: center;" data-section-id="1r8frcv" data-start="385" data-end="414"><strong>Frequently Asked Questions</strong></h2> <h3 data-section-id="1sa9zgr" data-start="416" data-end="475"><strong>What is Galway Metals drilling at the Estrades Project?</strong></h3> <p data-start="476" data-end="790">Galway Metals has begun an approximately 5,000-meter diamond drilling program at its Estrades Project in western Qu&eacute;bec. According to the company, the program is designed to obtain fresh mineralized material for metallurgical testing while collecting geological information across the Main, Central and East zones.</p> <h3 data-section-id="8xjsr9" data-start="792" data-end="834"><strong>Where is the Estrades Project located?</strong></h3> <p data-start="835" data-end="964">The Estrades Project is located about 95 kilometers north-northeast of La Sarre in the northern Abitibi region of western Qu&eacute;bec.</p> <h3 data-section-id="lfv71i" data-start="966" data-end="999"><strong>What is the Estrades Project?</strong></h3> <p data-start="1000" data-end="1243">According to Galway Metals, the Estrades Project is a high-grade gold- and zinc-rich volcanic massive sulphide (VMS) deposit containing gold, zinc, copper, lead and silver mineralization. The deposit was previously mined between 1990 and 1991.</p> <h3 data-section-id="150a4zv" data-start="1245" data-end="1300"><strong>Why is Galway Metals conducting this drill program?</strong></h3> <p data-start="1301" data-end="1590">The company said the drilling program is intended to collect representative mineralized material for metallurgical testwork and provide geological information from the Main, Central and East zones. Galway said the results will be incorporated into its ongoing project evaluation with DOWA.</p> <h3 data-section-id="1uu4xh7" data-start="1592" data-end="1638"><strong>Who is funding the Estrades drill program?</strong></h3> <p data-start="1639" data-end="1800">According to Galway Metals, the drilling forms part of the Phase I work program under its Option and Joint Venture Term Sheet with DOWA METALS &amp; MINING CO., LTD.</p> <h3 data-section-id="1y35ugl" data-start="1802" data-end="1861"><strong>What work will be completed during Phase I at Estrades?</strong></h3> <p data-start="1862" data-end="2068">Galway Metals said Phase I includes approximately 5,000 meters of drilling, metallurgical testwork by SGS Canada, environmental baseline studies and ongoing project evaluation under the agreement with DOWA.</p> <h3 data-section-id="19qpemb" data-start="2070" data-end="2132"><strong>How much drilling has Galway Metals completed at Estrades?</strong></h3> <p data-start="2133" data-end="2254">The company said it has completed 52,281 meters of drilling at the Estrades Project since acquiring the property in 2016.</p> <h3 data-section-id="8ugomb" data-start="2256" data-end="2304"><strong>What is DOWA's agreement with Galway Metals?</strong></h3> <p data-start="2305" data-end="2510">According to the company, DOWA may earn up to a 45% participating interest in the Estrades Project through total contributions of up to US$25 million under a three-phase Option and Joint Venture agreement.</p> <h3 data-section-id="123a8k1" data-start="2512" data-end="2590"><strong>Has Galway Metals completed a Preliminary Economic Assessment on Estrades?</strong></h3> <p data-start="2591" data-end="2711">Yes. Galway Metals said it released a positive Preliminary Economic Assessment for the Estrades Project earlier in 2026.</p> <h3 data-section-id="c0jtvv" data-start="2713" data-end="2763"><strong>What metals are found at the Estrades Project?</strong></h3> <p data-start="2764" data-end="2873">According to Galway Metals, the Estrades Project contains gold, zinc, copper, lead and silver mineralization.</p> <p><a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a></p><p>Important Disclosures:</p><ol> <li>Galway Metals Inc. is a billboard sponsor of Streetwise Reports and pays SWR a monthly sponsorship fee between US$3,000 and US$6,000.</li> <li>As of the date of this article, officers, contractors, shareholders, and/or employees of Streetwise Reports LLC (including members of their household) own securities of Galway Metals Inc.</li> <li>James Guttman wrote this article for Streetwise Reports LLC and provides services to Streetwise Reports as an employee.</li> <li>This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company. </li> </ol> <p>For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting" target="_blank" rel="noopener">here.</a></p> <p><strong>1. Ownership and Share Structure Information</strong></p> <p>The information listed above was updated on the date this article was published and was compiled from information from the company and various other data providers.</p><img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=31943"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=31943" width="0" height="0"> <p>( Companies Mentioned: GWM:TSX.V; GAYMF:OTCQB, )</p> GWM:TSX.V; GAYMF:OTCQB Fri, 24 Jul 2026 00:00:00 PST https://www.streetwisereports.com/article/2026/07/23/kirkland-lake-discoveries-hits-125-91-g-t-gold-below-resource-more-assays-pending.html <p class="articleSource"> <b>Source: <a href="https://www.streetwisereports.com/article/2026/07/23/kirkland-lake-discoveries-hits-125-91-g-t-gold-below-resource-more-assays-pending.html?utm_medium=feed">Streetwise Reports 07/24/2026</a></b> </p> Kirkland Lake Discoveries Corp. (KLDC:TSXV; KLKLF:OTC) reported eight new drill holes at Mirado, including 125.91 g/t gold below the historical resource and North Zone expansion.<p>Gold investors are taking note of <strong><span class="for_co_card_11443">Kirkland Lake Discoveries Corp.'s (KLDC:TSXV; KLKLF:OTC)</span></strong> <a href="https://www.stockwatch.com/News/Item/U-306177-U!KLKLF-20260723/U/KLKLF" target="_blank" rel="noopener">newest assay results</a>.</p> <h2 style="text-align: center;">Key Takeaways</h2> <ul> <li>Kirkland Lake Discoveries reported assays from eight new holes at its Mirado Gold Project, expanding mineralization near-surface, below the historical resource, and along the North Zone.</li> <li>KLM26-019 returned 0.50 g/t Au (gold) over 91.0 m, expanding the South Zone footprint roughly 130 meters (m) northwest.</li> <li>KLM26-017 intersected 18.99 g/t Au over 6.7 m, including a high-grade 125.91 g/t Au over 1.0 m, confirming mineralization below the historical resource.</li> <li>KLM26-013 extended the North Zone by about 85 meters, returning 0.98 g/t Au over 35.0 m, including 12.20 g/t Au over 1.0 m.</li> <li>The company's first regional hole at the MZ Zone, 500 m west of Mirado, intersected strong hydrothermal alteration and sulphide mineralization, though assays remain pending.</li> <li>KLDC secured a regional drilling permit covering all of KL South, with 16 additional holes still awaiting assay results as drilling continues.</li> </ul> <h2 style="text-align: center;">Project Showing Strong Alteration</h2> <p>On July 23, 2026, Kirkland Lake Discoveries reported <a href="https://www.stockwatch.com/News/Item/Z-C!KLDC-3843693/C/KLDC" target="_blank" rel="noopener">assay results</a> from eight drill holes at its Mirado Gold project. These results include areas of broad near-surface mineralization, high-grade gold below the historical resource, and an extension of the North zone. In other news, the company has also completed its first regional test at the MZ zone, which is located 500 meters west of Mirado. At that property, drilling intersected intense hydrothermal alteration and sulphide mineralization. Finally, KLDC has received a regional drilling permit for the entirety of its KL South project.</p> <p>"Today's results are important as they demonstrate growth in three dimensions at KL South," said Stefan Sklepowicz, CEO of KLDC, in the press release. "KLM26-019 materially expands the broad near-surface mineralized footprint, KLM26-017 confirms high-grade structures below the historical resource, and KLM26-013 extends the North Zone. Just as importantly, the alteration and sulphide mineralization encountered in our first regional hole at the MZ Zone provides an early indication that the prospective hydrothermal corridor may extend well beyond the historical deposit footprint. With a regional permit in hand and 16 holes awaiting assays, we have multiple opportunities to make new discoveries and continue expanding the system."</p> <p>The press release noted that holes "KLM26-012, KLM26-015, KLM26-016, and KLM26-019 intersected broad, lower-grade gold-bearing envelopes containing localized higher-grade intervals, consistent with structurally prepared, intensely silicified rock that was subsequently fractured and mineralized. Highlights include 0.50 g/t Au over 91.0 m in KLM26-019, including 1.13 g/t Au over 23.8 m and 10.94 g/t Au over 0.8 m, as well as 1.33 g/t Au over 5.5 m and 0.77 g/t Au over 18.0 m in KLM26-015. KLM26-016 returned 0.35 g/t Au over 28.0 m, including 3.16 g/t Au over 1.0 m, while KLM26-012 intersected several additional near-surface mineralized intervals."</p> <p>In the South zone, holes KLM26-017 and KLM26-018 extended the tested mineralized system vertically, with the former intersecting 18.99 g/t Au over 6.7 m, including 125.91 g/t Au over 1.0 m. In the North zone, hole KLM26-013 stepped out 85 m west from the current drilling pattern and intersected 0.98 g/t Au over 35.0 m, including 12.20 g/t Au over 1.0 m, followed by 0.61 g/t Au over 23.0 m.</p> <p>Initial MZ drilling delivered results, as well. According to KLDC, "At the MZ zone, approximately 500 m west of the historical Mirado deposit, KLM26-035 intersected a broad hydrothermal system characterized by intense chlorite, silica, and epidote alteration with disseminated and fracture-filled pyrite mineralization (<em>see Figure 3</em>). The alteration assemblage, sulphide distribution, and quartz-carbonate vein textures are visually comparable to those associated with the broad mineralized intervals in KLM26-001, which returned 5.66 g/t Au over 18.2 m, including 23.03 g/t Au over 4.3 m, and in KLM26-002, which returned 1.01 g/t Au over 121 m."</p> <p>Kirkland Lake Discoveries Corp. is focused on gold exploration in the Abitibi greenstone belt in Ontario, Canada, one of the most prolific mining districts in the world.</p> <h2 style="text-align: center;">Gold Still Up 24% Year-Over-Year Despite Inflation Concerns</h2> <p>Junior miners and exploration companies hit the ground running this year after gold rallied at a high of US$5,500 per ounce in January. Many companies chose to begin exploration or production amid these highs. While prices have since fallen, and even dipped below US$4,000 in June, rates are still up <a href="https://finance.yahoo.com/personal-finance/investing/article/gold-prices-today-monday-july-121321784.html" target="_blank" rel="noopener">24%</a> compared to July 2025, and <a href="https://www.gold.org/goldhub/research/gold-mid-year-outlook-2026" target="_blank" rel="noopener">Gold.org</a> wrote that: "[T]he stage is set for a possible breakout. On the upside, clear catalysts &mdash; a worsening economy or renewed geopolitical shock, a shift towards lower interest-rate expectations, or a wave of dip buying &mdash; could reignite gold's momentum and lift it back towards US$4,500/oz or above."</p> <p>Gold prices dropped on July 23, 2026, though after 12 nights of U.S. strikes on Iran had raised the cost of Brent crude oil prices, and spiked fears of inflation. According to <a href="https://tradingeconomics.com/commodity/gold" target="_blank" rel="noopener">Trading Economics</a>, "Higher oil prices have reinforced inflation concerns, leading investors to expect the Fed to keep monetary policy tighter for longer, a backdrop that typically weighs on non-yielding assets such as gold. Money markets are currently pricing in roughly a 78% probability of a Fed rate hike in September." At the time of writing, spot gold was trading at <a href="https://www.kitco.com/charts/gold" target="_blank" rel="noopener">US$4,050.10</a> per ounce.</p> <p>In April, <a href="https://www.spglobal.com/market-intelligence/en/news-insights/research/2026/04/copper-gold-market-outlook-2026-prices-supply-mining-costs" target="_blank" rel="noopener">S&amp;P Global wrote</a>, "Gold is expected to remain volatile but structurally supported, with central bank demand and geopolitical risk helping to establish a price floor above recent correction lows."</p> <p>Despite the volatility of gold, the metals sector as a whole is only showing signs of improvement. On May 7, 2026, <a href="https://www.recyclingtoday.com/news/world-bank-base-precious-metals-price-increases-2026-forecast/" target="_blank" rel="noopener">Brian Taylor of <em>Recycling Today </em>said</a> that the World Bank Group has predicted that overall global metals prices will rise by 17% in 2026, which would mark the first overall market increase since 2022.</p> <h2 style="text-align: center;">Moriarty Notes 300% April Rally</h2> <p>On July 23, 2026, Bob Moriarty of <a href="http://www.321gold.com/" target="_blank" rel="noopener">321gold.com</a> commented on the company, saying: "Kirkland Lake Discoveries continues to release outstanding over 100-gram/meter holes at their 42,000-ha Mirado Gold project in Ontario. The shares rocketed higher by 300% in April and have since corrected by 50% in preparation for another march higher."</p> <h2 style="text-align: center;">KL West Drilling Totals 17,000 Meters</h2> <p>The company's <a href="https://www.kirklandlakediscoveries.com/_files/ugd/a84855_bd64c907fa964758a1b99953576717c2.pdf" target="_blank" rel="noopener">investor presentation</a> lists catalysts, including:</p> <ul> <li>An active 8,000-meter drilling program at KL South, with more assays pending</li> <li>17,000 meters of drilling completed at KL West, with more assays pending</li> </ul> <p>The company maintains that it is well capitalized and efficient, as well as positioned to rapidly close the valuation gap with assays pending and a robust treasury.</p> <h2 style="text-align: center;">Ownership &amp; Share Information¹</h2> <p>Kirkland Lake Discoveries Corp. has a market cap of CA$58.60 million, with 205.63 million shares outstanding. The company's 52-week range is CA$0.07-CA$0.67. Strategic Investors own 39.73% of shares, while Management &amp; Insiders own 0.26% of shares. The remaining 60.01% of shares are held by Retail. [OWNERSHIP_CHART-11443]</p> <h2 style="text-align: center;">Frequently Asked Questions</h2> <p><strong>Q: What is a gold assay?</strong></p> <p>A: A gold assay is a laboratory test that measures how much gold is contained in a rock sample collected during drilling. Assay results help mining companies determine the grade, size, and potential value of a mineral deposit.</p> <p><strong>Q: What does "g/t Au" mean?</strong></p> <p>A: "g/t Au" stands for <strong>grams of gold per tonne of rock</strong>. It is the standard unit used to report gold grades in mining. Generally, higher grades indicate a greater concentration of gold, although the economic value also depends on factors such as deposit size, mining costs, and recovery rates.</p> <p><strong>Q: Why is extending a mineralized zone important?</strong></p> <p>A: When drilling extends a mineralized zone beyond previously known boundaries, it suggests the deposit may be larger than originally estimated. Additional drilling is needed to confirm the extent of the mineralization and determine whether it can be included in a future resource estimate.</p> <p><strong>Q: What is hydrothermal alteration?</strong></p> <p>A: Hydrothermal alteration is the chemical change of rocks caused by hot, mineral-rich fluids moving through the Earth's crust. It is an important exploration indicator because these fluids can also transport and deposit gold and other valuable metals.</p> <p><strong>Q: What are sulphide minerals?</strong></p> <p>A: Sulphide minerals are naturally occurring minerals that contain sulfur combined with metals such as iron, copper, lead, or zinc. Minerals like pyrite are commonly associated with gold deposits and can help geologists identify areas that may contain valuable mineralization.</p> <p>[SMNLINSERT]</p><p>Important Disclosures:</p><ol> <li>Cori Fisher wrote this article for Streetwise Reports LLC and provides services to Streetwise Reports as an employee. </li> <li> This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company.</li> </ol> <p>For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting">here.</a></p> <p><strong>1. Ownership and Share Structure Information</strong></p> <p>The information listed above was updated on the date this article was published and was compiled from information from the company and various other data providers.</p><img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=31942"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=31942" width="0" height="0"> <p>( Companies Mentioned: KLDC:TSXV;KLKLF:OTC, )</p> Fri, 24 Jul 2026 00:00:00 PST https://www.streetwisereports.com/article/2026/07/24/gold-explorer-centenario-gains-cse-listing-to-broaden-retail-access.html <p class="articleSource"> <b>Source: <a href="https://www.streetwisereports.com/article/2026/07/24/gold-explorer-centenario-gains-cse-listing-to-broaden-retail-access.html?utm_medium=feed">Streetwise Reports 07/24/2026</a></b> </p> Centenario Gold Corp. secures final CSE approval for its CTG shares, opening doors for investors seeking exposure to Mexico and Canada gold exploration amid supportive metal prices.<p>The gold exploration sector continues to draw attention from retail investors as prices hold structurally above recent lows despite short-term volatility. <span id="link_copy_10929"><a href="https://www.streetwisereports.com/pub/co/10929?utm_medium=feed" target="_blank" rel="noopener">Centenario Gold Corp. (CTG:TSX.V)</a></span> has positioned itself to benefit from this environment through its dual focus on Canadian and Mexican assets and a commitment to sustainable practices that involve local governments and communities.</p> <h2 style="text-align: center;">Market Opportunity Sets Stage for Junior Miners</h2> <p>Gold prices have shown resilience in 2026, trading well above levels from the prior year even after corrections. This backdrop supports ongoing work by early-stage companies seeking to advance projects during periods of elevated metal values. Centenario Gold Corp. stands out because its upcoming exchange transition aligns with broader sector momentum and provides a fresh avenue for investor participation.</p> <h2 style="text-align: center;">Why Centenario Gold Corp. Stands Out Right Now</h2> <p>The company received <a href="https://www.stockwatch.com/News/Item/Z-C!CTG-3843594/C/CTG" target="_blank" rel="noopener">final approval</a> to list its shares on the Canadian Securities Exchange. Trading under the existing symbol CTG begins at market open on July 27, 2026, following delisting from the TSX Venture Exchange after close on July 24, 2026. No action is required from existing shareholders. This move targets improved visibility among growth-oriented investors while the underlying exploration assets remain unchanged.</p> <h2 style="text-align: center;">Unique Business Model and Exploration Advantage</h2> <p>Centenario Gold Corp. operates as a Canadian mineral exploration company with projects in both Canada and Mexico. Its approach emphasizes sustainable exploration through collaboration with local stakeholders and draws on an experienced development team. This combination helps manage operational risks while advancing targets in prospective regions.</p> <h2 style="text-align: center;">Key Assets and Catalysts Driving the Story</h2> <p>Exploration plans center on four untested electromagnetic anomalies that require drill testing and trenching. Additional near-surface step-out drilling is scheduled north of the Cabot prospect to help outline a potential Phase 1 pit-constrained resource. Further sampling continues, with results released as they become available. According to the <a href="https://centenariogold.com/site/assets/files/7145/centenario_deck_february_2026.pdf" target="_blank" rel="noopener">company presentation</a>, these steps represent the immediate focus for resource definition.</p> <h2 style="text-align: center;">Industry Timing and Broader Trends</h2> <p>Gold has remained volatile yet supported by central bank buying and geopolitical factors. <a href="https://www.spglobal.com/market-intelligence/en/news-insights/research/2026/04/copper-gold-market-outlook-2026-prices-supply-mining-costs" target="_blank" rel="noopener">S&amp;P Global wrote</a> that prices are expected to stay structurally supported above recent lows. Broader metals markets are forecast to rise, with the World Bank Group projecting a 17% increase in global metals prices for 2026, marking the first overall gain since 2022, according to <a href="https://www.recyclingtoday.com/news/world-bank-base-precious-metals-price-increases-2026-forecast/" target="_blank" rel="noopener">Brian Taylor of <em>Recycling Today</em></a>. Spot gold recently traded near <a href="https://www.kitco.com/charts/gold" target="_blank" rel="noopener">US$4,050.10</a> per ounce amid shifting rate expectations noted by <a href="https://tradingeconomics.com/commodity/gold" target="_blank" rel="noopener">Trading Economics</a>.</p> <h2 style="text-align: center;">Technical Analyst Views and Valuation Context</h2> <p>¹Technical Analyst <a href="https://www.streetwisereports.com/article/2026/05/06/copper-gold-explorer-gets-funding-begins-phase-1-work-in-mexico-technician-highlights-bullish-charts.html?utm_medium=feed" target="_blank" rel="noopener">Stewart Thomson wrote about Centenario</a>, highlighting a possible uptrend, noting bullish moving-average crosses, rising volume, and on-balance volume strength. The rating at the time was Speculative Buy, with a short-term target of CA$0.60 and a medium-term target of CA$1.30.</p> <h2 style="text-align: center;">Share Structure and Upcoming Events</h2> <p>Centenario Gold Corp. carries a market capitalization of CA$2.13 million based on 19.33 million shares outstanding. The 52-week trading range spans CA$0.10 to CA$0.47. [OWNERSHIP_CHART-10929]</p> <p>²Insiders and management hold 5.69% of shares, while retail investors account for 94.31%. The CSE listing, effective July 27, 2026, represents the next milestone.</p> <h2 style="text-align: center;">Key Investor Takeaways</h2> <ul> <li>Centenario Gold Corp. is transitioning its listing to the CSE under the symbol CTG to potentially improve access for retail investors.</li> <li>Exploration work targets four untested EM anomalies plus step-out drilling at the Cabot prospect in Mexico.</li> <li>Gold prices remain elevated compared with the prior year, providing a supportive backdrop for junior explorers despite short-term volatility.</li> <li>Technical Analyst commentary has pointed to technical strength and assigned a Speculative Buy rating with defined price targets.</li> <li>Share structure shows modest market cap and high retail ownership, typical of early-stage resource companies.</li> <li>Shareholders do not need to take action during the exchange transition.</li> </ul> <h2 style="text-align: center;">Common Questions from Investors</h2> <p><strong>Q: What is the difference between TSX Venture and CSE listings?</strong></p> <p>A: The TSX Venture Exchange focuses on early-stage companies with specific listing requirements, while the CSE targets emerging growth companies and often features streamlined processes suited to junior explorers.</p> <p><strong>Q: How does a listing change affect share ownership?</strong></p> <p>A: Ownership remains identical; shares simply begin trading on the new exchange under the same symbol with no need for shareholders to exchange certificates or take other steps.</p> <p><strong>Q: What are electromagnetic anomalies in mineral exploration?</strong></p> <p>A: Electromagnetic anomalies are geophysical signatures that may indicate conductive materials such as sulphide minerals associated with gold or base-metal deposits, guiding targeted drilling.</p> <p><strong>Q: Why do gold prices influence junior mining stocks?</strong></p> <p>A: Higher gold prices can improve project economics and attract funding for exploration, while lower prices may delay work; juniors often show amplified price moves relative to the metal itself.</p> <p><strong>Q: What does a pit-constrained resource mean?</strong></p> <p>A: A pit-constrained resource estimates mineral material that could potentially be extracted using open-pit mining methods, incorporating economic and technical parameters to define a realistic shape.</p> <p>The CSE listing provides Centenario Gold Corp. with a platform to advance its exploration program while the gold sector maintains underlying support from macroeconomic factors.</p> <p><a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a></p><p>Important Disclosures:</p><ol> <li>Centenario Gold Corp. is a billboard sponsor of Streetwise Reports and pays SWR a monthly sponsorship fee between US$3,000 and US$6,000. </li> <li>As of the date of this article, officers, contractors, shareholders, and/or employees of Streetwise Reports LLC (including members of their household) own securities of Centenario Gold Corp. </li> <li>Jordan Nova wrote this article for Streetwise Reports LLC and provides services to Streetwise Reports as an employee. </li> <li> This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company. </li> </ol> <p>For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting">here.</a></p> <p><strong>1. Disclosure for the quote from the Stewart Thomson article published on May 12, 2026</strong></p> <ol> <li>For the quoted article (published on May 12, 2026), Centenario Gold Corp. has paid Street Smart, an affiliate of Streetwise Reports, US$3,500.</li> <li>Author Certification and Compensation: Stewart Thomson was retained and compensated as an independent contractor by Street Smart for writing this article. Mr. Thomson is a retired Canadian financial advisor who has passed the Canadian Securities Course as well as additional technical analysis courses that were mandated by his former employer and approved by Ontario regulatory bodies. For the past 15 years, he has been editing and writing numerous financial newsletters that have a strong focus on charts. The recommendations and opinions expressed in this content reflect the personal, independent, and objective views of the author regarding any and all of the companies discussed. No part of the compensation received by the author was, is, or will be directly or indirectly tied to the specific recommendations or views expressed.</li> </ol> <p><strong>2. Ownership and Share Structure Information</strong></p> <p>The information listed above was updated on the date this article was published and was compiled from information from the company and various other data providers.</p> <p> </p><img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=31941"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=31941" width="0" height="0"> <p>( Companies Mentioned: CTG:TSX.V, )</p> CTG:TSX.V Fri, 24 Jul 2026 00:00:00 PST https://www.streetwisereports.com/article/2026/07/21/100-drilling-success-delivers-high-grade-graphite-intercepts-in-maiden-program.html <p class="articleSource"> <b>Source: <a href="https://www.streetwisereports.com/article/2026/07/21/100-drilling-success-delivers-high-grade-graphite-intercepts-in-maiden-program.html?utm_medium=feed">Streetwise Reports 07/24/2026</a></b> </p> Atlas Critical Minerals Corp. (NASDAQ: ATCX) reported graphite mineralization in all 20 completed drill holes, with assays returning up to 33.78 meters grading 7.97% graphitic carbon.<p class="PDq2pG_selectionAnchorContainer" data-start="86" data-end="390"><a href="https://www.streetwisereports.com/pub/co/11215?utm_medium=feed" target="_blank" rel="noopener">Atlas Critical Minerals Corp. (ATCX; NASDAQ)</a> reported <a href="https://www.atlascriticalminerals.com/news/atlas-critical-minerals-intersects-high-grade-graphite-all-20-drill-holes-confirm-mineralization-with-intercepts-up-to-33-78-meters-at-7-97-graphitic-carbon/" target="_blank" rel="noopener">initial assay results from the maiden diamond drilling program at its wholly owned Graphite Project in Minas Gerais, Brazil, with all 20 completed drill holes intersecting graphite mineralization at the first of the project's three mineral tenements.</a></p> <p data-start="392" data-end="893">The company said the 20 completed drill holes totaled approximately 2,300 meters and achieved a 100% graphite intercept success rate. Independent laboratory assays conducted by SGS Geosol confirmed multiple high-grade graphitic carbon (Cg) intervals, including 33.78 meters grading 7.97% Cg in drill hole MPDDH-0009, 22.66 meters grading 8.27% Cg in MPDDH-0007, 11.00 meters grading 8.03% Cg in MPDDH-0002, and intervals of 6.00 meters grading 9.55% Cg and 19.36 meters grading 6.09% Cg in MPDDH-0006.</p> <p data-start="895" data-end="1310">According to the company, the 2026 diamond drilling program was designed using results from geological mapping, grab sampling, and a ground geophysical survey. The full program totals approximately 6,000 meters across the project's three tenements. Prior to drilling, Atlas completed 27.5 kilometers of ground geophysical data acquisition, with anomalies identified along an approximately 11-kilometer strike length.</p> <p data-start="1312" data-end="1826">The company said exploration activities are being conducted in accordance with Item 1300 of Regulation S-K. Technical work is supervised by Marc-Antoine Laporte of SGS Canada Inc., who serves as the Qualified Person for graphite under Regulation S-K 1300. Atlas also stated that the project's Technical Report Summary includes initial metallurgical testwork conducted at a specialized graphite laboratory in the United States, where project samples achieved battery-grade and nuclear-grade qualification standards.</p> <p data-start="1828" data-end="2159"><a href="https://www.atlascriticalminerals.com/news/atlas-critical-minerals-intersects-high-grade-graphite-all-20-drill-holes-confirm-mineralization-with-intercepts-up-to-33-78-meters-at-7-97-graphitic-carbon/" target="_blank" rel="noopener">Marc Fogassa, chairman and chief executive officer of Atlas Critical Minerals, said in a company news release,</a> "These are outstanding initial drill results that validate our earlier exploration work. Every one of the first 20 holes intersected graphite, including a nearly 34-meter interval averaging close to 8% graphitic carbon."</p> <div class="qMYqUG_convSearchResultHighlightRoot"> <div class="" data-turn-id-container="request-WEB:ca1ea789-c30b-4249-9ec9-8183fb88dab0-7" data-is-intersecting="true"> <section class="text-token-text-primary w-full focus:outline-none has-data-writing-block:pointer-events-none [&amp;:has([data-writing-block])&gt;*]:pointer-events-auto R6Vx5W_threadScrollVars scroll-mb-[calc(var(--scroll-root-safe-area-inset-bottom,0px)+var(--thread-response-height))] scroll-mt-[calc(var(--header-height)+min(200px,max(70px,20svh)))]" dir="auto" data-turn-id="request-WEB:ca1ea789-c30b-4249-9ec9-8183fb88dab0-7" data-turn-id-container="request-WEB:ca1ea789-c30b-4249-9ec9-8183fb88dab0-7" data-testid="conversation-turn-10" data-turn="assistant"> <div class="text-base my-auto mx-auto pb-15 [--thread-content-margin:var(--thread-content-margin-xs,calc(var(--spacing)*4))] @w-sm/main:[--thread-content-margin:var(--thread-content-margin-sm,calc(var(--spacing)*6))] @w-lg/main:[--thread-content-margin:var(--thread-content-margin-lg,calc(var(--spacing)*16))] px-(--thread-content-margin)"> <div class="[--thread-content-max-width:40rem] @w-lg/main:[--thread-content-max-width:48rem] mx-auto max-w-(--thread-content-max-width) flex-1 group/turn-messages focus-visible:outline-hidden relative flex w-full min-w-0 flex-col agent-turn" data-conversation-screenshot-content=""> <div class="flex max-w-full flex-col gap-4 grow"> <div class="min-h-8 text-message relative flex w-full flex-col items-end gap-2 text-start break-words whitespace-normal outline-none keyboard-focused:focus-ring [.text-message+&amp;]:mt-1" dir="auto" tabindex="0" data-message-author-role="assistant" data-message-id="d9ab526b-4696-4bf2-95eb-8944c0e135fe" data-message-model-slug="gpt-5-5" data-turn-start-message="true"> <div class="flex w-full flex-col gap-1 empty:hidden"> <div class="markdown prose dark:prose-invert wrap-break-word w-full dark markdown-new-styling"> <h2 class="PDq2pG_selectionAnchorContainer" style="text-align: center;" data-section-id="besqdp" data-start="0" data-end="78">Graphite Industry Supported by Supply Chain Initiatives and Battery Demand</h2> <p data-start="80" data-end="797"><a href="https://www.spglobal.com/energy/en/news-research/latest-news/metals/072026-trump-announces-directives-to-strengthen-domestic-aluminum-critical-mineral-production" target="_blank" rel="noopener">According to a July 20 report from Metals &amp; Mining</a>, Non-Ferrous, U.S. President Donald Trump signed an executive order targeting critical minerals and components used in defense supply chains while also issuing a separate directive intended to bolster domestic aluminum production. The publication reported that the administration had focused on reshoring domestic production of critical minerals and reducing reliance on foreign trading partners for key materials. The executive order limited the circumstances under which the Defense Secretary could grant waivers for imports of covered critical minerals from China, Russia, Iran and North Korea. The report noted that China remained "a dominant global producer" of several critical minerals, including graphite, germanium and rare earth elements. In the accompanying proclamation, Trump wrote, "The Secretary has informed and advised me of his opinion that... the domestic production and supply of primary aluminum, which is critical to the U.S. economy and defense industrial base, is still in insufficient supply."</p> <p data-start="799" data-end="1671"><a href="https://www.prnewswire.com/news-releases/graphite-market-size-to-hit-usd-10-10-billion-by-2031-as-lithium-ion-battery-gigafactories-accelerate-global-demand-says-mordor-intelligence-302829566.html" target="_blank" rel="noopener">Mordor Intelligence wrote on July 20 that the global graphite market was expected to reach US$6.30 billion in 2026</a> and grow to US$10.10 billion by 2031, representing a compound annual growth rate of 9.91%. According to the report, graphite industry growth was supported by expanding lithium-ion battery manufacturing, increasing electric arc furnace steel production and rising demand for high-purity synthetic graphite used in semiconductor applications. The firm also stated that "new investments outside China are strengthening regional supply chains," while continued adoption of lithium iron phosphate batteries had supported graphite consumption. Senior Research Manager Himanshu Vasisht said, "Graphite market dynamics are being shaped by expanding battery production, growth in electric mobility, developments in steelmaking, and shifting supply chain strategies."</p> <p data-start="1673" data-end="2628" data-is-last-node="" data-is-only-node=""><a href="https://www.alliedmarketresearch.com/graphite-market" target="_blank" rel="noopener">According to a January report from Market Research Future</a>, the global graphite market was valued at US$8.4 billion in 2023 and was projected to reach US$13.2 billion by 2033. The report stated that graphite remained the predominant anode material used in lithium-ion batteries because of its ability to store and release energy efficiently. It also noted that graphite electrodes continued to play an important role in electric arc furnace steelmaking because of their durability and ability to withstand high temperatures. The report further stated that China accounted for an estimated 77% of global graphite production in 2023, while export restrictions announced during that year applied to several graphite products, including flake, spherical and synthetic graphite. According to the report, "the increasing adoption of electric vehicles (EVs) and renewable energy solutions" had contributed to rising demand for graphite used in battery production.</p> </div> </div> </div> </div> </div> </div> </section> </div> </div> <h2 class="PDq2pG_selectionAnchorContainer" style="text-align: center;" data-section-id="1vmdgkx" data-start="0" data-end="74">A Buy-Rated Stock in the Critical Minerals Space</h2> <p data-start="553" data-end="1183" data-is-last-node="" data-is-only-node="">On January 30, 2026, Jake Sekelsky of Alliance Global gave the company a Buy rating, with a target price of US$42.</p> <p data-start="553" data-end="1183" data-is-last-node="" data-is-only-node="">On April 6, 2026, H.C. Wainwright &amp; Co. analyst gave the company a Buy rating and a US$13.75 price target. In its report, H.C. Wainwright noted that it views ATCX as uniquely positioned to benefit from the structural shift in global critical minerals supply chains, citing the company's large-scale rare earth, titanium, and graphite land package in Brazil and its early-stage but revenue-generating operations.</p> <h2 style="text-align: center;" data-section-id="sk4dfb" data-start="2161" data-end="2207">Drilling Expands Across Remaining Tenements</h2> <p data-start="2209" data-end="2376">Atlas said drilling is continuing across the project's two additional contiguous mineral tenements, covering the remaining approximately 8.5 kilometers of open strike.</p> <p data-start="2378" data-end="2644">The company said SGS Canada has been retained to prepare a maiden Mineral Resource Estimate, which is expected in the fourth quarter of 2026. Atlas stated it intends to follow the resource estimate with a Preliminary Economic Assessment in the first quarter of 2027.</p> <p data-start="2646" data-end="3020">In addition to the drilling program, the company plans to complete detailed mineralogical characterization studies to identify the principal mineralogical phases within the host lithologies. Atlas also said it will conduct bench-scale metallurgical testing focused on process optimization and flake-size distribution studies to assess product quality and recovery potential. [OWNERSHIP_CHART-11215]</p> <p data-start="3022" data-end="3405" data-is-last-node="" data-is-only-node=""><a href="https://www.atlascriticalminerals.com/wp-content/uploads/2026/06/Atlas-Critical-Minerals-Brief-Corporate-Overview-June-2026.pdf" target="_blank" rel="noopener">According to the company's June 2026 corporate presentation,</a> the Malacacheta Graphite Project covers 2,822 hectares in Minas Gerais, Brazil. The presentation states the project has visible surface graphite occurrences, that it is supported by an SGS-authored SK-1300 Property of Merit report published on Aug. 14, 2025, and that testing demonstrated nuclear-grade graphite potential.</p> <h2 style="text-align: center;"><strong>Ownership &amp; Share Information¹</strong></h2> <p>About 30% of Atlas Critical Minerals is owned by insiders and management. <a href="https://www.streetwisereports.com/pub/co/11040?utm_medium=feed" target="_blank" rel="noopener">Atlas Lithium Corp. (ATLX:NASDAQ)</a> holds ~20% of the company.</p> <p>Its market cap is ~US$18 million with ~5 million shares outstanding. It trades in a 52-week range of US$3.02 and US$14.01</p> <h2 class="PDq2pG_selectionAnchorContainer" style="text-align: center;" data-section-id="ul2pwc" data-start="187" data-end="217">Frequently Asked Questions</h2> <p data-start="219" data-end="519"><strong data-start="219" data-end="292">What did Atlas Critical Minerals announce about its Graphite Project?</strong><br data-start="292" data-end="295" />Atlas Critical Minerals announced initial results from its maiden diamond drilling program at its wholly owned Graphite Project in Minas Gerais, Brazil, where all 20 completed drill holes intersected graphite mineralization.</p> <p data-start="521" data-end="760"><strong data-start="521" data-end="587">Where is the Atlas Critical Minerals Graphite Project located?</strong><br data-start="587" data-end="590" />The Atlas Critical Minerals Graphite Project is located in Minas Gerais, Brazil, and consists of three mineral tenements targeted through a 2026 diamond drilling program.</p> <p data-start="762" data-end="1048"><strong data-start="762" data-end="847">What were the highest graphite drill results reported by Atlas Critical Minerals?</strong><br data-start="847" data-end="850" />Atlas Critical Minerals reported drill intercepts including 33.78 meters grading 7.97% graphitic carbon, 22.66 meters grading 8.27% graphitic carbon, and 11.00 meters grading 8.03% graphitic carbon.</p> <p data-start="1050" data-end="1264"><strong data-start="1050" data-end="1111">How many drill holes intersected graphite mineralization?</strong><br data-start="1111" data-end="1114" />The company reported that all 20 completed drill holes intersected graphite mineralization during the first phase of drilling at the initial tenement.</p> <p data-start="1266" data-end="1538"><strong data-start="1266" data-end="1328">How large is the Atlas Critical Minerals drilling program?</strong><br data-start="1328" data-end="1331" />Atlas Critical Minerals said its 2026 diamond drilling program totals approximately 6,000 meters across the project's three mineral tenements, with approximately 2,300 meters completed at the first tenement.</p> <p data-start="1540" data-end="1746"><strong data-start="1540" data-end="1574">What is graphitic carbon (Cg)?</strong><br data-start="1574" data-end="1577" />Graphitic carbon, or Cg, is the measurement used to report the graphite content within mineralized rock and is commonly used when reporting graphite drill assay results.</p> <p data-start="1748" data-end="2101"><strong data-start="1748" data-end="1821">What are Atlas Critical Minerals' next steps at the Graphite Project?</strong><br data-start="1821" data-end="1824" />The company said drilling is continuing at the remaining two contiguous mineral tenements while SGS Canada prepares a maiden Mineral Resource Estimate expected in the fourth quarter of 2026. Atlas also plans mineralogical characterization and bench-scale metallurgical testing.</p> <p data-start="2103" data-end="2395" data-is-last-node="" data-is-only-node=""><strong data-start="2103" data-end="2153">Why is graphite considered a critical mineral?</strong><br data-start="2153" data-end="2156" />According to Atlas Critical Minerals, graphite is the dominant anode material used in lithium-ion batteries and is recognized as a critical mineral by several governments because of its role in energy storage systems and electric vehicles.</p> <p data-start="2103" data-end="2395" data-is-last-node="" data-is-only-node=""><a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a></p><p>Important Disclosures:</p><ol> <li>Allied Critical Metals Inc. and Atlas Lithium Corp are billboard sponsors of Streetwise Reports and pay SWR a monthly sponsorship fee between US$3,000 and US$6,000. </li> <li>As of the date of this article, officers, contractors, shareholders, and/or employees of Streetwise Reports LLC (including members of their household) own securities of Allied Critical Metals Inc. and Atlas Lithium Corp.</li> <li>James Guttman wrote this article for Streetwise Reports LLC and provides services to Streetwise Reports as an employee. </li> <li>This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company. </li> </ol> <p>For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting" target="_blank" rel="noopener">here.</a></p> <p><strong>1. Ownership and Share Structure Information</strong></p> <p>The information listed above was updated on the date this article was published and was compiled from information from the company and various other data providers.</p><img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=31895"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=31895" width="0" height="0"> <p>( Companies Mentioned: ATCX;NASDAQ, )</p> ATCX;NASDAQ Fri, 24 Jul 2026 00:00:00 PST https://www.streetwisereports.com/article/2026/07/23/golden-triangle-copper-gold-explorer-draws-barrick-strategic-stake.html <p class="articleSource"> <b>Source: <a href="https://www.streetwisereports.com/article/2026/07/23/golden-triangle-copper-gold-explorer-draws-barrick-strategic-stake.html?utm_medium=feed">Streetwise Reports 07/23/2026</a></b> </p> Kingfisher Metals secures major Barrick investment for its HWY 37 copper-gold project in British Columbia's Golden Triangle, strengthening its exploration runway through 2027.<p>Retail investors tracking copper and gold opportunities in Canada are taking note of <strong><span class="for_co_card_10275">Kingfisher Metals Corp. (KFR:TSX.V: KGFMF:OTCQB; 970:FSE)</span></strong> after the company announced a strategic financing from a major industry player. The transaction highlights growing interest in British Columbia's Golden Triangle, a region known for high-grade copper-gold deposits and established mining infrastructure.</p> <h2 style="text-align: center;">Market Opportunity in Copper and Gold</h2> <p>Copper prices have recently climbed to multi-month highs amid tightening physical supply in China and renewed expectations of potential U.S. tariffs on refined imports. <a href="https://www.mining.com/copper-price-nearing-us-record-as-premium-doubles-shanghai-stockpiles-drop-82/" target="_blank" rel="noopener">A July 21 report from <em data-start="72" data-end="84">Mining.com</em> stated that copper prices had climbed to their highest level in more than a month as signs of tightening physical supply in China increased and traders renewed expectations that Washington could impose a tariff on refined copper imports.</a> Meanwhile, gold continues to attract attention as a long-term hedge against currency concerns, with hedge fund manager John Paulson recently highlighting a bull market driven by central bank buying and private sector demand for safe-haven assets. <a href="https://www.gurufocus.com/news/8973348/gold-bull-market-paulson-sees-longterm-upside-for-novagold-ng" target="_blank" rel="noopener">According to a July 22 article published by <em data-start="1136" data-end="1147">GuruFocus</em>, hedge fund manager John Paulson said he believed "gold is entering a long-term bull market."</a></p> <h2 style="text-align: center;">Why Kingfisher Stands Out Now</h2> <p>Against this backdrop, <a href="https://kingfishermetals.com/kingfisher-announces-strategic-investment-from-barrick/" target="_blank" rel="noopener">Kingfisher announced that it had entered into an agreement with <strong>Barrick Mining Corp. (ABX:TSX; B:NYSE)</strong> under which Barrick will purchase 15,470,934 units of Kingfisher in a non-brokered private placement priced at CA$1.35 per unit for gross proceeds of CA$20,885,761.</a> This represents a notable endorsement. A non-brokered private placement is a direct share sale to an investor without using an underwriter, allowing the company to raise capital efficiently while giving the buyer a meaningful stake.</p> <h2 style="text-align: center;">Key Investor Takeaways</h2> <ul> <li>Barrick's CA$20.9 million investment provides Kingfisher with a substantial cash position of approximately CA$47 million after closing.</li> <li>At least 80 percent of the proceeds must be directed to the HWY 37 copper-gold project in British Columbia's Golden Triangle.</li> <li>Barrick will hold roughly 9.9 percent of shares on a non-diluted basis and gain participation rights to maintain its ownership level.</li> <li>A 15,000-meter drill program is planned for mid-2026 alongside regional geophysical surveys.</li> <li>The company benefits from both copper supply tightness and sustained gold demand trends.</li> </ul> <h2 style="text-align: center;">Unique Advantages and Project Assets</h2> <p>Kingfisher's flagship asset is the HWY 37 Project, a copper-gold exploration property located in the Golden Triangle region of British Columbia. The Golden Triangle is a well-known mining district with a history of significant discoveries and supportive infrastructure. The company also holds the nearby Forrest Kerr Project, together forming a substantial land package. <a href="https://kingfishermetals.com/kingfisher-announces-strategic-investment-from-barrick/" target="_blank" rel="noopener">President, CEO, and Director Dustin Perry said</a> the financing validates the company's technical work following extensive due diligence by Barrick.</p> <h2 style="text-align: center;">Industry Timing and Exploration Catalysts</h2> <p><a href="https://farmonaut.com/mining/best-gold-copper-mining-stocks-to-buy-top-2026-picks" target="_blank" rel="noopener">A recent industry overview from <em data-start="1709" data-end="1720">Farmonaut</em> stated that gold and copper mining underpinned infrastructure, energy transitions, soil health, and rural communities.</a> Kingfisher's planned 2026 program includes a 15,000-meter drill campaign at HWY 37 starting in mid-June, plus regional work using induced polarization, MobileMT, magnetic, LiDAR, geological, and geochemical surveys across both projects. <a href="https://kingfishermetals.com/wp-content/uploads/2026/05/KFR_MAY_2026-1.pdf" target="_blank" rel="noopener">According to the company's May 2026 investor presentation</a>, these efforts aim to advance the Hank Porphyry discovery and test additional targets.</p> <h2 style="text-align: center;"> Views, Valuation, and Share Structure</h2> <p><a href="https://robertsinn.substack.com/p/barrick-bets-big-on-kingfisher" target="_blank" rel="noopener">According to a July 21 report</a> from Robert Sinn, Barrick Mining's CA$20.9 million strategic investment represented a significant financing event for Kingfisher Metals. Sinn wrote that "The Barrick cash infusion gives KFR sufficient capital runway through the end of 2027, and potentially beyond."</p> <p>¹Management and insiders currently hold 8.34 percent, while institutions own 9.51 percent. The company has a market capitalization of CA$27.94 million, 140.8 million shares outstanding, and has traded between CA$0.22 and CA$1.45 over the past year. [OWNERSHIP_CHART-10275]</p> <h2 style="text-align: center;">Common Questions from Investors</h2> <h3>What percentage will Barrick own after the placement?</h3> <p>Barrick is expected to own approximately 9.9 percent on a non-diluted basis and 14.1 percent on a partially diluted basis if all warrants are exercised.</p> <h3>When is the financing expected to close?</h3> <p>The private placement is expected to close on or before July 27, 2026, subject to TSX Venture Exchange approval and other customary conditions.</p> <h3>How will the proceeds be used?</h3> <p>At least 80 percent of the funds are allocated to exploration and development at the HWY 37 Project, with the balance for general working capital.</p> <p>Kingfisher Metals offers retail investors exposure to a well-funded copper-gold explorer in a premier Canadian district, backed by a major producer and positioned for an active 2026 drill season. Investors should review the company's filings and consider the risks inherent in early-stage mineral exploration before making decisions.</p> <p>[SMNLINSERT]</p><p>Important Disclosures:</p><ol> <li>Jordan Nova wrote this article for Streetwise Reports LLC and provides services to Streetwise Reports as an employee. </li> <li> This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company. </li> </ol> <p>For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting">here.</a></p> <p><strong>1. Ownership and Share Structure Information</strong></p> <p>The information listed above was updated on the date this article was published and was compiled from information from the company and various other data providers.</p><img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=31940"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=31940" width="0" height="0"> <p>( Companies Mentioned: KFR:TSX.V: KGFMF:OTCQB; 970:FSE, )</p> Thu, 23 Jul 2026 00:00:00 PST https://www.streetwisereports.com/article/2026/07/23/suriname-gold-explorer-hits-101-5-g-t-at-lawatino-project.html <p class="articleSource"> <b>Source: <a href="https://www.streetwisereports.com/article/2026/07/23/suriname-gold-explorer-hits-101-5-g-t-at-lawatino-project.html?utm_medium=feed">Streetwise Reports 07/23/2026</a></b> </p> Sranan Gold reports high-grade gold assays up to 101.5 g/t from Lawatino in Suriname. Discover the latest exploration results and what they mean for investors.<p>Gold prices continue to attract attention from retail investors seeking exposure to a proven store of value amid geopolitical and economic uncertainty. <a href="https://www.jmbullion.com/charts/gold-price/?wickedsource=google&amp;wickedid=CjwKCAjwvNfSBhBiEiwAyaGMCX0QPLJxIy2XJOkrEXXAEqwUAibYNQcTd7-6mKkW12PN-7LYTv3S9xoC1eEQAvD_BwE&amp;w_adid=504629082704&amp;w_campaignid=173655985&amp;gad_source=1&amp;gad_campaignid=173655985&amp;gbraid=0AAAAADwTUk8cxLoCiUMcVdjDopRg-2ea8&amp;gclid=CjwKCAjwvNfSBhBiEiwAyaGMCX0QPLJxIy2XJOkrEXXAEqwUAibYNQcTd7-6mKkW12PN-7LYTv3S9xoC1eEQAvD_BwE" target="_blank" rel="noopener">Gold traded at a spot ask price of US$4,036.34 per ounce as of 6:28 a.m. EDT on July 20. </a> In this environment, junior explorers with early high-grade results can offer leveraged upside when projects advance.</p> <p><span id="link_copy_11608"><a href="https://www.streetwisereports.com/pub/co/11608?utm_medium=feed" target="_blank" rel="noopener">Sranan Gold Corp. (SRAN:CSE; SRANF:OTCQB; P84:FSE)</a></span> has emerged with compelling new data from its Lawatino property. The company recently released the first batch of assays from its Phase I reconnaissance program, including a standout result of 101.5 grams per tonne gold from a mineralized quartz vein. Eleven of the 43 samples exceeded 1 g/t gold, confirming two distinct zones of mineralization. These results position Sranan Gold as an early-stage player worth monitoring in the Suriname gold sector.</p> <h2 style="text-align: center;">Why Sranan Gold Stands Out Among Peers</h2> <p>The Lawatino concession lies adjacent to Founders Metals Antino Gold Project and shares the same Central Guiana Shear Zone structural corridor that controls mineralization at both Antino and Miata Metals Sela Creek Project. A recently completed fracture density model highlights zones of structural complexity along this trend, defining high-priority targets with similar geophysical signatures to those driving neighbor discoveries. This geological setting gives Sranan Gold a meaningful exploration advantage without the need for greenfield concept testing.</p> <h2 style="text-align: center;">Key Investor Takeaways</h2> <ul> <li>High-grade gold confirmed: 101.5 g/t gold in one of 11 samples above 1 g/t from initial reconnaissance at Lawatino.</li> <li>Strategic location: Property sits next to established projects along the Central Guiana Shear Zone, reinforced by fracture density modeling.</li> <li>Active work program: Trenching underway between the 101 and Bodoe zones with excavator mobilization planned to expose mineralization.</li> <li>Second asset advancing: Tapanahony Gold Project has delivered over 800 meters of continuous mineralization with additional drilling completed and assays pending.</li> <li>Community integration: Local workforce and infrastructure support operations across roughly 47,000 hectares of the combined land package.</li> <li>Modest valuation: Market capitalization near CA$7.25 million with management and insiders holding 12.57 percent.</li> </ul> <h2 style="text-align: center;">Unique Business Model and Regional Advantage</h2> <p>Sranan Gold focuses on systematic early-stage exploration in Suriname, a jurisdiction with a long history of gold production and established mining infrastructure. The company collects samples using digital recording via the Bedrock application and sends them to the Filab preparation facility in Paramaribo, a Bureau Veritas certified laboratory operating under ISO 9001:2015 standards and independent of Sranan Gold. Assays use a 50-gram fire assay with Atomic Absorption finish, with gravimetric re-assays for samples over 2 g/t or containing visible gold. No data quality issues were flagged in the QA/QC program.</p> <h2 style="text-align: center;">Key Assets and Immediate Catalysts</h2> <p>Initial sampling at Lawatino targeted accessible areas of historical artisanal mining in the 101 and Bodoe zones, located about 1.5 kilometers apart along a northwest-southeast trend. Four additional samples returned between 0.17 g/t and 0.24 g/t gold. The area between the zones remains unsampled and represents a clear near-term exploration target. <a href="https://sranangold.com/news/sranan-golds-lawatino-reconnaissance-sampling-program-returns-grab-sample-assays-of-up-to-101-5-g-t-gold/" target="_blank" rel="noopener">Oscar Louzada, chief executive officer of Sranan Gold, said in a company news release:</a> In less than a month after mobilizing our geological team, initial sampling has identified two showings of high-grade gold mineralization supporting our view that the Lawatino property has the potential to host significant gold mineralization.</p> <p>Management has already completed the first trench between the 101 and Bodoe zones, with samples expected at the lab shortly. An excavator is scheduled for mobilization in the coming weeks to expose the extent of mineralization and cut regularly spaced trenches along the 1.5-kilometer trend. <a href="https://sranangold.com/investors/" target="_blank" rel="noopener">Sranan said an excavator is expected to be mobilized to the Lawatino property over the next few weeks to expose the extent of gold mineralization at the 101 and Bodoe zones and to cut regularly spaced trenches along the approximately 1.5-kilometer trend between the two zones</a>. Updates are anticipated roughly every four weeks.</p> <p>At the larger Tapanahony Gold Project, drilling continues at Randy's Pit and Poeketi Pit areas. More than 800 meters of continuous mineralization has been identified on one side of the river, with groundwork underway on the opposite side. A second drill rig has been mobilized to Poeketi after 4,189 meters of diamond drilling in 2025. Five holes south of Poeketi Pit and additional holes at Randy's Pit have assays pending. Reconnaissance techniques are being applied farther from known areas to de-risk additional targets across the roughly 47,000-hectare combined land package.</p> <h2 style="text-align: center;">Industry Timing and Gold Market Context</h2> <p><a href="https://www.reuters.com/world/india/gold-slips-oil-prices-advance-fed-rate-hike-voices-grow-2026-07-20/" target="_blank" rel="noopener">Reuters reported on July 20 that gold prices remained steady as market participants assessed developments in the U.S.-Iran conflict</a><span style="box-sizing: border-box; margin: 0px; padding: 0px;"><a href="https://www.reuters.com/world/india/gold-slips-oil-prices-advance-fed-rate-hike-voices-grow-2026-07-20/" target="_blank" rel="noopener"> </a></span>alongside signals from U.S. Federal Reserve policymakers. Spot gold held near US$4,018.75 per ounce while futures for August delivery gained modestly. Elevated oil prices have raised inflation concerns and increased the probability that traders assign to a December rate hike. <a href="https://www.kitco.com/news/article/2026-07-17/markets-will-find-out-next-week-how-firm-4000-floor-gold" target="_blank" rel="noopener">Kitco News wrote on July 17 that gold ended the week lower while attempting to hold support at US$4,000 per ounce,</a> with analysts noting that geopolitical tensions and central bank buying remain important structural supports.</p> <h2 style="text-align: center;">Share Structure and Upcoming Events</h2> <p>¹Management and insiders own 12.57 percent of Sranan Gold. Strategic entities hold 5.67 percent, and institutions own 9.94 percent, with the balance held by retail investors. The company has approximately 65.89 million shares outstanding and a market capitalization of roughly CA$7.25 million. The 52-week trading range has spanned CA$0.105 to CA$0.66. [OWNERSHIP_CHART-11608]</p> <h2 style="text-align: center;">Common Questions from Investors</h2> <h3>What were the top gold assay results from the Lawatino program?</h3> <p>The first batch of 43 samples included one mineralized quartz vein grading 101.5 g/t gold and 11 samples above 1 g/t gold.</p> <h3>Where are the 101 and Bodoe zones located?</h3> <p>The zones lie approximately 1.5 kilometers apart along a northwest-southeast structural trend on the Lawatino property in Suriname.</p> <h3>What exploration work is planned next at Lawatino?</h3> <p>An excavator will be mobilized to expose mineralization and cut regularly spaced trenches along the 1.5-kilometer trend between the two zones.</p> <h3>How does the company ensure sample quality?</h3> <p>Samples are recorded digitally, processed at the independent Filab laboratory, and subjected to standard fire assay methods with QA/QC oversight that identified no issues.</p> <p>Sranan Gold continues to advance two substantial gold projects in Suriname at a time when gold prices remain elevated. The combination of early high-grade results, favorable structural geology, and an active trenching and drilling program provides retail investors with a clear set of milestones to follow in the months ahead.</p> <p><a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a></p><p>Important Disclosures:</p><ol> <li>Sranan Gold Corp. is a billboard sponsor of Streetwise Reports and pays SWR a monthly sponsorship fee between US$3,000 and US$6,000. </li> <li>As of the date of this article, officers, contractors, shareholders, and/or employees of Streetwise Reports LLC (including members of their household) own securities of Sranan Gold Corp.</li> <li>Jordan Nova wrote this article for Streetwise Reports LLC and provides services to Streetwise Reports as an employee. </li> <li> This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company. </li> </ol> <p>For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting">here.</a></p> <p><strong>1. Ownership and Share Structure Information</strong></p> <p>The information listed above was updated on the date this article was published and was compiled from information from the company and various other data providers.</p><img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=31938"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=31938" width="0" height="0"> <p>( Companies Mentioned: SRAN:CSE; SRANF:OTCQB; P84:FSE, )</p> SRAN:CSE; SRANF:OTCQB; P84:FSE Thu, 23 Jul 2026 00:00:00 PST https://www.streetwisereports.com/article/2026/07/23/uranium-market-firm-ready-to-move-higher.html <p class="articleSource"> <b>Source: <a href="https://www.streetwisereports.com/article/2026/07/23/uranium-market-firm-ready-to-move-higher.html?utm_medium=feed">Barry Dawes 07/23/2026</a></b> </p> Barry Dawes of Martin Place Securities shares his analysis of the uranium market and a few stocks he thinks are worth looking into.<p>The uncertainty developing in the Gulf with the Iran conflict has depleted global oil inventory buffers and increased concerns about the world's energy position.</p> <p>Hydrocarbons still made up ~86% of all 2025 energy demand, with oil ~33%, so the loss of about 11mmbopd (~10%) is critical .</p> <p>Prices for all forms of hydrocarbons will therefore rise, and so all alternatives will follow.</p> <p>The reliance on oil for transportation and petrochemicals remains in place, but most other uses have been displaced and have declined.</p> <p>Oil now makes up only 2.2% of 2025 electricity generation.</p> <p>In complete contrast, nuclear makes up only 5.2% of total energy but 8.8% of all electricity.</p> <p><img class="center_enlarge" src="https://www.theaureport.com/images/auto_up/202672364500_image040.jpg" alt="" width="239" height="227" /></p> <p>The trend towards high-capacity base-load electricity is strong and is growing.</p> <p>Data Centers, particularly for AI requirements, need stable, continuous power flows, and nuclear power provides one of the cheapest and certainly the most reliable sources.</p> <p>Data for 2025 shows uranium demand of 69,000t (152mlb) from 440 operable reactors with 403,000 Mwe capacity</p> <p>Another 79 (87,000Mwe)are under construction, another 120 (108,000Mwe) are planned, and 326 (302,000Mwe) are proposed.</p> <p>The numbers show a 22% increase in MWEe from under construction, 48% increase with planned included, and a gross 123% increase if all are included.</p> <p><img class="center_enlarge" src="https://www.theaureport.com/images/auto_up/202672364528_download.png" alt="" width="1000" height="313" /></p> <p>This demand growth is obvious, but the expanding supply gap is extraordinary.</p> <p><img class="center_enlarge" src="https://www.theaureport.com/images/auto_up/202672364601_download1.png" alt="" width="1000" height="566" /></p> <p><img class="center_enlarge" src="https://www.theaureport.com/images/auto_up/202672364613_download2.png" alt="" width="1000" height="505" /></p> <p>More uranium mines are needed.</p> <p>Theatre of the Absurd.</p> <p>Australia has union-collectivist mindset politicians with vision down to their toes.</p> <p>All this use of safe nuclear power generation and massive growth in capacity are planned.</p> <p>Genius Albo is going to provide uranium to India while limiting the exploration and development of uranium mines here.</p> <p>While refusing to debate the opportunity of nuclear power in Australia.</p> <h2 style="text-align: center;"><strong>Uranium Prices</strong></h2> <p>Uranium contract prices are quite different from spot, but the Globex Futures price helps show market sentiment.</p> <p>Turnover is low, but it is helpful.</p> <p>Interesting intraday moves this week and the tight wedging pattern are suggesting a strong move is coming quite soon.</p> <p>The <strong><span class="for_co_card_402">Uranium Energy Corp. (UEC:NYSE AMERICAN)</span></strong> holds physical uranium, so it is a better overall indicator showing rising volume.</p> <p>See below. The price is just above the trend line, ready to move up.</p> <p><img class="center_enlarge" src="https://www.theaureport.com/images/auto_up/202672364645_download3.png" alt="" width="657" height="487" /></p> <p>See below. The price is in a tight wedge, sharp move incoming.</p> <p><img class="center_enlarge" src="https://www.theaureport.com/images/auto_up/202672364726_download4.png" alt="" width="660" height="504" /></p> <p>See below. Small pullback to the uptrend in <strong><span class="for_co_card_402">Uranium Energy Corp. (UEC:NYSE AMERICAN)</span></strong>?</p> <p><img class="center_enlarge" src="https://www.theaureport.com/images/auto_up/202672364745_download5.png" alt="" width="700" height="530" /></p> <h2 style="text-align: center;"><strong>North American Uranium Stocks</strong></h2> <p>Market action in the key uranium companies gives strong support for a resumption in uptrends.</p> <p><strong><span class="for_co_card_173">Cameco Corp. (CCO:TSX; CCJ:NYSE)</span></strong></p> <p><img class="center_enlarge" src="https://www.theaureport.com/images/auto_up/202672364827_download6.png" alt="" width="700" height="530" /></p> <p><strong><span class="for_co_card_6045">NexGen Energy Ltd. (NXE:TSX; NXE:NYSE.MKT)</span></strong></p> <p><img class="center_enlarge" src="https://www.theaureport.com/images/auto_up/202672364845_download7.png" alt="" width="700" height="530" /></p> <p><strong><span class="for_co_card_10227">Kazatomprom (NATKY:OTCMKTS; KAP:LSE)</span></strong></p> <p><img class="center_enlarge" src="https://www.theaureport.com/images/auto_up/202672364904_download8.png" alt="" width="700" height="530" /></p> <p><strong>Uranium Royalty Corp. (UROY:NASDAQ; URC:TSX)</strong></p> <p><img class="center_enlarge" src="https://www.theaureport.com/images/auto_up/202672364916_download9.png" alt="" width="700" height="530" /></p> <p>The major uranium stocks are moving against uranium as represented by the UEC.</p> <p><img class="center_enlarge" src="https://www.theaureport.com/images/auto_up/202672364944_download10.png" alt="" width="700" height="530" /></p> <p><img class="center_enlarge" src="https://www.theaureport.com/images/auto_up/202672364958_download11.png" alt="" width="700" height="530" /></p> <p>The relativities are also showing a move up for uranium against gold and for uranium stocks to resume their rises against the S&amp;P500.</p> <p><img class="center_enlarge" src="https://www.theaureport.com/images/auto_up/202672365017_download12.png" alt="" width="700" height="530" /></p> <p><img class="center_enlarge" src="https://www.theaureport.com/images/auto_up/202672365027_download13.png" alt="" width="700" height="530" /></p> <p>Feel the energy!</p> <p><a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a></p><p>Important Disclosures:</p><ol> <li>Barry Dawes: I, or members of my immediate household or family, own securities of: None. My company has a financial relationship with: None. <span data-olk-copy-source="MessageBody">My company has purchased stocks mentioned in this article for my management clients: None. </span>I determined which companies would be included in this article based on my research and understanding of the sector.</li> <li>Statements and opinions expressed are the opinions of the author and not of Streetwise Reports, Street Smart, or their officers. The author is wholly responsible for the accuracy of the statements. Streetwise Reports was not paid by the author to publish or syndicate this article. Streetwise Reports requires contributing authors to disclose any shareholdings in, or economic relationships with, companies that they write about. Any disclosures from the author can be found below. Streetwise Reports relies upon the authors to accurately provide this information and Streetwise Reports has no means of verifying its accuracy. </li> <li> This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company. </li> </ol> <p>For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting" target="_blank" rel="noopener">here.</a></p><img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=31937"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=31937" width="0" height="0"> Thu, 23 Jul 2026 00:00:00 PST https://www.streetwisereports.com/article/2026/07/23/newfoundland-gold-explorer-reports-orogenic-signs-at-scurvy-fault.html <p class="articleSource"> <b>Source: <a href="https://www.streetwisereports.com/article/2026/07/23/newfoundland-gold-explorer-reports-orogenic-signs-at-scurvy-fault.html?utm_medium=feed">Streetwise Reports 07/23/2026</a></b> </p> Pirate Gold Corp advances its Treasure Island project in Newfoundland with new visual results from the Scurvy Fault showing orogenic gold potential just 1.5 km from the Moby Dick copper-gold discovery.<p>Retail investors tracking gold, silver, and copper opportunities are turning attention to exploration activity across Newfoundland, where structural geology and recent drill results are drawing comparisons to established belts. <strong><span class="for_co_card_11576">Pirate Gold Corp. (YARR.TSX.V)</span></strong> is advancing its 100%-owned Treasure Island project along the Valentine Lake Fault Zone in Central Newfoundland, Canada.</p> <h2 style="text-align: center;">Market Opportunity in Precious and Base Metals</h2> <p>Gold prices have shown resilience despite volatility, remaining up substantially from levels seen a year earlier. Silver demand continues to benefit from growth in electric vehicles, solar installations, and data centers, while copper faces structural support from AI infrastructure, defense spending, and clean energy projects. These trends create a favorable backdrop for junior explorers with assets that host multiple metal systems.</p> <h2 style="text-align: center;">Why Pirate Gold Stands Out</h2> <p>The company is testing both copper-gold porphyry and orogenic gold targets within the same large land package. On July 22, 2026, Pirate Gold reported <a href="https://www.pirategold.ca/news/pirate-gold-discovers-evidence-of-orogenic-gold-at-scurvy-fault-15-km-south-of-moby-dick-copper-gold-porphyryepithermal-zone-and-reports-initial-visual-observations-from-13-drill-holes" target="_blank" rel="noopener">initial visual observations</a> from 13 holes at the Scurvy Fault, located 1.5 km south of the Moby Dick discovery. The holes tested roughly 200 meters of strike and intersected broad deformation zones to depths of 185 meters, with multi-meter quartz veins containing pyrite and arsenopyrite.</p> <h2 style="text-align: center;">Key Assets and Catalysts at Crippleback</h2> <p>The Scurvy Fault was first identified in 2024 when a single hole returned 1.0 g/t Au, 34.0 g/t Ag, and 0.23% Cu over 0.75 meters. Quartz veining appears in both volcanic sequences and graphitic sediments, with pyrite, localized boulangerite, and chalcopyrite noted. These features are consistent with orogenic gold systems found along secondary structures. The company also holds over 100 km of untested secondary faults across the Crippleback area.</p> <p>Greg Matheson, VP of Exploration, noted the similarity of the Valentine Lake Fault to major structures in the Abitibi Greenstone Belt. CEO Denis Laviolette emphasized that Crippleback has potential for multiple deposits rather than a single discovery story. In addition, Pirate Gold is entering agreements with Paradigm Minerals, <span data-olk-copy-source="MessageBody">85431 </span>Newfoundland &amp; Labrador Inc., <span data-olk-copy-source="MessageBody">85893 Newfoundland &amp; Labrador Inc., </span>and Nidon Enterprises, Ltd. to acquire seven mineral licenses, plus one license from Catapult Minerals.</p> <h2 style="text-align: center;">Industry Timing and Trends</h2> <p>Gold has remained structurally supported by central bank buying and geopolitical factors. Silver is seeing renewed interest from industrial demand. Copper inventories have risen, yet long-term forecasts point to higher consumption in strategic sectors. These conditions favor companies with early-stage projects that can demonstrate scale across multiple commodities.</p> <h2 style="text-align: center;"> Views and Project Momentum</h2> <p>Market commentator Bob Moriarty highlighted earlier high-grade gold results at the project and described recent copper-gold assays at Moby Dick as indicative of district-scale potential. The company currently operates three diamond drill rigs as part of a 50,000-meter program focused on expanding the Moby Dick zone. A fourth barge-mounted rig is expected in early Q3 2026 to test areas beneath Crippleback Lake. An active surface program with 12 geologists and prospectors is also underway.</p> <h2 style="text-align: center;">Key Investor Takeaways</h2> <ul> <li>Visual results from 13 holes confirm deformation zones and quartz veining at the Scurvy Fault, consistent with orogenic gold systems.</li> <li>The target lies only 1.5 km from the Moby Dick copper-gold discovery, illustrating potential for multiple mineral systems on one property.</li> <li>More than 100 km of untested secondary faults remain within the Crippleback area along the Valentine Lake Fault Zone.</li> <li>A fourth drill rig scheduled for Q3 2026 will allow testing beneath Crippleback Lake to expand the Moby Dick footprint.</li> <li>Additional mineral licenses are being acquired through agreements with several counterparties to increase the exploration footprint.</li> </ul> <h2 style="text-align: center;">Share Structure and Ownership</h2> <p>Pirate Gold Corp. has a market capitalization of CA$111.86 million based on 507.08 million shares outstanding. The 52-week trading range is CA$0.03 to CA$0.39.</p> <p>¹Institutions hold 1.75% of shares, strategic investors hold 19.51%, management and insiders hold 5.75%, and retail investors hold the remaining 72.99%.[OWNERSHIP_CHART-11576]</p> <h2 style="text-align: center;"><strong>Common Questions from Investors</strong></h2> <p><strong>Q: What makes secondary faults attractive exploration targets?</strong></p> <p>A: Secondary faults can focus mineral-rich fluids and host significant gold deposits even when the main regional structure has not been directly drilled.</p> <p><strong>Q: How do visual observations of pyrite and arsenopyrite help geologists?</strong></p> <p>A: These minerals indicate past hydrothermal fluid flow and help prioritize areas for assay testing, though they do not confirm economic grades.</p> <p><strong>Q: What is the significance of a barge-mounted drill rig?</strong></p> <p>A: It allows drilling directly under lakes to test near-surface extensions of known mineralization that cannot be reached from land-based setups.</p> <p><strong>Q: Why is the Valentine Lake Fault Zone considered prospective?</strong></p> <p>A: It is a major regional structure analogous to gold-bearing faults in other prolific belts and has already yielded discoveries along both primary and secondary segments.</p> <p>The combination of ongoing drilling, additional land acquisitions, and multiple mineral system potential positions Pirate Gold for continued news flow through the remainder of 2026 and into 2027. Retail investors should monitor assay results from the current program and any updates on the fourth rig deployment.</p> <p><a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a></p><p>Important Disclosures:</p><ol> <li>Jordan Nova wrote this article for Streetwise Reports LLC and provides services to Streetwise Reports as an employee. </li> <li>This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company. </li> </ol> <p>For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting">here.</a></p> <p><strong>1. Ownership and Share Structure Information</strong></p> <p>The information listed above was updated on the date this article was published and was compiled from information from the company and various other data providers.</p><img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=31936"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=31936" width="0" height="0"> <p>( Companies Mentioned: YARR.TSX.V, )</p> Thu, 23 Jul 2026 00:00:00 PST https://www.streetwisereports.com/article/2026/07/23/centenario-gold-wins-cse-listing-approval-leaves-tsxv.html <p class="articleSource"> <b>Source: <a href="https://www.streetwisereports.com/article/2026/07/23/centenario-gold-wins-cse-listing-approval-leaves-tsxv.html?utm_medium=feed">Streetwise Reports 07/23/2026</a></b> </p> Centenario Gold Corp. (CTG:TSX.V) received final CSE approval to list its shares, effective July 27, 2026, after delisting from the TSX Venture Exchange.<p>On July 22, 2026, <span id="link_copy_10929"><a href="https://www.streetwisereports.com/pub/co/10929?utm_medium=feed" target="_blank" rel="noopener">Centenario Gold Corp. (CTG:TSX.V)</a></span> announced it had received <a href="https://www.stockwatch.com/News/Item/Z-C!CTG-3843594/C/CTG" target="_blank" rel="noopener">final approval</a> from the Canadian Securities Exchange to list its common shares on CSE. The shares will trade under its current symbol, CTG, and the listing will be effective as of market opening on July 27, 2026.</p> <p>The current common shares will be de-listed from the TSX Venture Exchange after market close on July 24, 2026, and shareholders need not take any action.</p> <p>Centenario Gold Corp. is a Canadian mineral exploration company focused on assets in both Canada and Mexico. As a company, Centenario Gold Corp. works to be committed to sustainable exploration by working with local governments and communities and has an experienced development team.</p> <h2 style="text-align: center;">Gold Dips on Inflation Fears but Stays Afloat</h2> <p>Junior miners and exploration companies hit the ground running this year after gold rallied at a high of US$5,500 per ounce in January. Many companies chose to begin exploration or production amid these highs. While prices have since fallen, and even dipped below US$4,000 in June, rates are still up <a href="https://finance.yahoo.com/personal-finance/investing/article/gold-prices-today-monday-july-121321784.html" target="_blank" rel="noopener">24%</a> compared to July 2025, and <a href="https://www.gold.org/goldhub/research/gold-mid-year-outlook-2026" target="_blank" rel="noopener">Gold.org</a> wrote that: "[T]he stage is set for a possible breakout. On the upside, clear catalysts &mdash; a worsening economy or renewed geopolitical shock, a shift towards lower interest-rate expectations, or a wave of dip buying &mdash; could reignite gold&rsquo;s momentum and lift it back towards US$4,500/oz or above."</p> <p>Gold prices dropped on July 23, 2026, though after 12 nights of U.S. strikes on Iran have raised the cost of Brent crude oil prices &mdash; and spiked fears of inflation. According to <a href="https://tradingeconomics.com/commodity/gold" target="_blank" rel="noopener">Trading Economics</a>, "Higher oil prices have reinforced inflation concerns, leading investors to expect the Fed to keep monetary policy tighter for longer, a backdrop that typically weighs on non-yielding assets such as gold. Money markets are currently pricing in roughly a 78% probability of a Fed rate hike in September." At the time of writing, spot gold was trading at <a href="https://www.kitco.com/charts/gold" target="_blank" rel="noopener">US$4,050.10</a> per ounce.</p> <p>In April, <a href="https://www.spglobal.com/market-intelligence/en/news-insights/research/2026/04/copper-gold-market-outlook-2026-prices-supply-mining-costs" target="_blank" rel="noopener">S&amp;P Global wrote</a>, "Gold is expected to remain volatile but structurally supported, with central bank demand and geopolitical risk helping to establish a price floor above recent correction lows."</p> <p>Despite the volatility of gold, the metals sector as a whole is only showing signs of improvement. On May 7, 2026, <a href="https://www.recyclingtoday.com/news/world-bank-base-precious-metals-price-increases-2026-forecast/" target="_blank" rel="noopener">Brian Taylor of <em>Recycling Today </em>said</a> that the World Bank Group has predicted that overall global metals prices will rise by 17% in 2026, which would mark the first overall market increase since 2022.</p> <h2 style="text-align: center;">Thomson Sees Possible Uptrend</h2> <p>¹Analyst <a href="https://www.streetwisereports.com/article/2026/05/06/copper-gold-explorer-gets-funding-begins-phase-1-work-in-mexico-technician-highlights-bullish-charts.html?utm_medium=feed" target="_blank" rel="noopener">Stewart Thomson wrote about Centenario</a> on May 12, 2026, Thomson wrote: " A possible uptrend is now in play. Short-term moving averages show a bullish cross to begin the year. Volume is becoming significant. OBV (on balance volume) shows trend-level strength."</p> <p>At the time of writing, Thomson gave the company a "Speculative Buy" rating, with a short-term price target of CA$0.60 and a medium-term price target of CA$1.30.</p> <h2 style="text-align: center;">Four Untested EM Anomalies to be Explored</h2> <p>Further sampling will continue, and results will be made available as they are returned. According to the <a href="https://centenariogold.com/site/assets/files/7145/centenario_deck_february_2026.pdf" target="_blank" rel="noopener">company presentation</a>, Centenario's goal is to continue drill testing and trenching in four untested EM anomalies and to complete near-surface step-out drilling to the north of the Cabot prospect for the development of a Phase 1 pit constrained resource shape.</p> <h2 style="text-align: center;">Ownership &amp; Share Information²</h2> <p>Centenario Gold Corp. has a market cap of CA$2.13 million, with 19.33 million shares outstanding. The company's 52-week range is CA$0.10-CA$0.47. Management &amp; Insiders own 5.69% of shares, while 94.31% of shares are held by Retail.</p> <p>[OWNERSHIP_CHART-10929]</p> <h2 style="text-align: center;">Frequently Asked Questions</h2> <p><strong>Q: What is the Canadian Securities Exchange (CSE)?</strong></p> <p>A: The Canadian Securities Exchange (CSE) is a Canadian stock exchange that lists emerging and growth-stage companies, including many junior mining and exploration firms. Companies listed on the CSE must meet the exchange's listing and ongoing disclosure requirements.</p> <p><strong>Q: What happens when a company changes stock exchanges?</strong></p> <p>A: When a company transfers its listing from one stock exchange to another, its shares simply begin trading on the new exchange. Existing shareholders typically do not need to take any action, and the number of shares they own remains unchanged.</p> <p><strong>Q: What does it mean when a stock is delisted?</strong></p> <p>A: A delisting means a company's shares stop trading on one stock exchange. If the company is simultaneously listing on another exchange, investors can continue trading the shares on the new exchange once the transfer is complete.</p> <p><strong>Q: What is a stock ticker symbol?</strong></p> <p>A: A stock ticker symbol is the unique abbreviation used to identify a company's shares on a stock exchange. Companies sometimes keep the same ticker when changing exchanges, making it easier for investors to recognize the stock.</p> <p><strong style="font-size: 1rem;">Q: Why do mining companies list on different stock exchanges?</strong></p> <p>A: Mining companies may change exchanges to improve access to investors, increase trading liquidity, reduce listing costs, or better align with their stage of growth. The underlying business and assets typically remain unchanged by the move.</p> <p><a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a></p><p>Important Disclosures:</p><ol> <li>Centenario Gold Corp. is a billboard sponsor of Streetwise Reports and pays SWR a monthly sponsorship fee between US$3,000 and US$6,000. </li> <li>As of the date of this article, officers, contractors, shareholders, and/or employees of Streetwise Reports LLC (including members of their household) own securities of Centenario Gold Corp. </li> <li>Cori Fisher wrote this article for Streetwise Reports LLC and provides services to Streetwise Reports as an employee. </li> <li> This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company. </li> </ol> <p>For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting">here.</a></p> <p><strong>1. Disclosure for the quote from the Stewart Thomson article published on May 12, 2026</strong></p> <ol> <li>For the quoted article (published on May 12, 2026), Centenario Gold Corp. has paid Street Smart, an affiliate of Streetwise Reports, US$3,500.</li> <li>Author Certification and Compensation: Stewart Thomson was retained and compensated as an independent contractor by Street Smart for writing this article. Mr. Thomson is a retired Canadian financial advisor who has passed the Canadian Securities Course as well as additional technical analysis courses that were mandated by his former employer and approved by Ontario regulatory bodies. For the past 15 years, he has been editing and writing numerous financial newsletters that have a strong focus on charts. The recommendations and opinions expressed in this content reflect the personal, independent, and objective views of the author regarding any and all of the companies discussed. No part of the compensation received by the author was, is, or will be directly or indirectly tied to the specific recommendations or views expressed.</li> </ol> <p><strong>2. Ownership and Share Structure Information</strong></p> <p>The information listed above was updated on the date this article was published and was compiled from information from the company and various other data providers.</p> <p> </p><img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=31935"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=31935" width="0" height="0"> <p>( Companies Mentioned: CTG:TSX.V, )</p> CTG:TSX.V Thu, 23 Jul 2026 00:00:00 PST https://www.streetwisereports.com/article/2026/07/23/antibacterial-drug-partnership-accelerates-polypid-commercial-path.html <p class="articleSource"> <b>Source: <a href="https://www.streetwisereports.com/article/2026/07/23/antibacterial-drug-partnership-accelerates-polypid-commercial-path.html?utm_medium=feed">Streetwise Reports 07/23/2026</a></b> </p> PolyPid enters a major commercialization deal with Azurity for D-PLEX100 targeting surgical site infections, with upfront payments and milestone potential supporting retail investors watching PYPD progress toward 2027 launch.<p>Life science investors are taking note of <a href="https://www.stockwatch.com/News/Item/U-z9764424-U!PYPD-20260721/U/PYPD" target="_blank" rel="noopener">a partnership</a> between <strong><span class="for_co_card_11650">PolyPid Ltd. (PYPD:NASDAQ)</span></strong> and Azurity Pharmaceuticals aimed at bringing a new antibacterial drug to market, meant to prevent infection on abdominal surgical sites.</p> <h2 style="text-align: center;">Pharma Market Opportunity Sets Stage for Specialized Therapies</h2> <p>The broader pharmaceutical sector continues to see strong demand for innovative treatments that address clear patient needs. In February 2026, <a href="https://www.iqvia.com/insights/the-iqvia-institute/reports-and-publications/reports/global-medicine-use-trends-2026" target="_blank" rel="noopener">Iqvia discussed the global pharma market projection for 2026</a>, noting that total drug usage is expected to approach four trillion defined daily doses by 2030. They wrote, "The largest drivers of medicine spending growth through the next five years will continue to be the use in developed markets of innovative therapeutics, especially in oncology, immunology, diabetes, and obesity."</p> <p>Pharma sector funding fell between 2024 and 2025, according to<a href="https://www.fiercebiotech.com/biotech/biopharma-doubles-down-big-bets-and-china-ipos-hit-10-year-low" target="_blank" rel="noopener"> a March 26, 2026, article for <em>Fierce Biotech</em> by Nick Paul Taylor. </a>He wrote that pharma funding had fallen from 2024 but noted that, "2025 was still the third-best year of the past decade. Similarly, overall funding was well above the pre-pandemic norm and only topped by 2020, 2021, and 2024."</p> <p><a href="https://www.bcg.com/publications/2026/reimagining-business-models-biopharma-trends" target="_blank" rel="noopener">BCG talked about trends biopharma companies need to be aware of in 2026</a> in order to stay competitive, saying, "Near term, companies need to continue to innovate to decrease the complexity and cost of these therapies, and governments can find ways to incentivize and pay for them. The longer-term challenge for companies is to factor operational and economic considerations into R&amp;D decision making earlier, ensuring that trial designs match real-world usage, indication sequences match opportunity, and endpoints enable market access."</p> <h2 style="text-align: center;">Why PolyPid Stands Out Through Strategic Partnership</h2> <p>On July 21, 2026, PolyPid announced that <a href="https://www.stockwatch.com/News/Item/U-z9764424-U!PYPD-20260721/U/PYPD" target="_blank" rel="noopener">the company had entered into an agreement</a> with Azurity for the commercialization of D-PLEX₁₀₀&mdash; a drug intended to prevent surgical site infections &mdash; in both the U.S. and Canada. The agreement states that PolyPid will receive an upfront payment of US$15 million upon signing, with an additional US$15 million payable upon United States Food and Drug Administration (FDA) acceptance of the New Drug Application (NDA) for the medication. Further, the company could earn up to US$300 million in additional regulatory, development, and sales-based milestone payments. As part of the collaboration, the companies may agree to jointly pursue potential label expansion of the drug into additional SSI (surgical site infections) to include more than abdominal sites.</p> <h2 style="text-align: center;">Unique Business Model and Key Catalysts</h2> <p>Under the agreement, PolyPid will manufacture the drug, while Azurity will be responsible for commercial distribution. PolyPid is an Israel-based biopharma company that focuses on developing long-acting, controlled-release drugs designed to address unmet medical needs across a diverse pipeline that includes surgical care, metabolic diseases, and more. Dikla Czaczkes Akselbrad, CEO of PolyPid, said in the release: " This partnership is a defining step in PolyPid's transition into a commercial-stage company, and Azurity is the right partner to bring D-PLEX₁₀₀ to U.S. and Canadian patients, hospitals, and surgeons. We believe that Azurity's first-in-class commercial model and demonstrated commercial execution will be invaluable in expanding access to D-PLEX₁₀₀, if approved. Importantly, this collaboration represents a meaningful validation of our unique platform, and allows us to fully realize the U.S. and Canadian commercial value of D-PLEX₁₀₀ while putting us in a position of financial strength to continue investing in our Kynatrix technology, pipeline, and the next generation of therapies."</p> <p>For Azurity, CEO Ronald Scarboro said: "At Azurity, we believe meaningful innovation is measured by the difference a therapy makes in the realities of patient care. D-PLEX₁₀₀ is a differentiated therapy addressing an important unmet need, and we are excited to partner with PolyPid to help bring it to patients in the United States and Canada, if approved. Our commercial model was built to support specialized therapies like this &mdash; connecting the right treatment to the right healthcare professionals and patients through efficient, focused execution. Together, we believe we can expand access to an important new option while exploring opportunities to broaden its impact in the years ahead."</p> <h2 style="text-align: center;">Key Investor Takeaways</h2> <ul> <li>PolyPid signed an exclusive deal with Azurity Pharmaceuticals to commercialize D-PLEX100 in the U.S. and Canada.</li> <li>Azurity will fund further clinical trials to potentially expand D-PLEX100's label beyond abdominal surgery, while PolyPid handles manufacturing and supply.</li> <li>The deal follows positive Phase 3 SHIELD II results, which hit the primary endpoint and showed a 60% relative risk reduction in infection incidence.</li> <li>A U.S. launch is targeted for the first quarter of 2027, with PolyPid retaining global rights outside the U.S. and Canada.</li> <li>Analysts from Roth and H.C. Wainwright issued Buy ratings with price targets of US$9.00 and US$13.00, respectively.</li> </ul> <h2 style="text-align: center;">Analyst Views and Upcoming Regulatory Timeline</h2> <p>Two separate analysts tackled Polypid's news after its release. On July 21, 2026, Boobalan Pachaiyappan, Ph.D., of Roth reiterated a "Buy" rating for the stock, with a price target of US$9.00. Regarding the exclusive commercialization and licensing partnership, Pachaiyappan wrote: "Is Azurity a right fit for PolyPid &mdash; we think yes! For context, Azurity is a specialty pharma with a proven hospital presence, given their focus on at least 10 therapeutic areas (including anti-infectives, which is where D-PLEX100 would fit in). Notably, D-PLEX100's de-risked Ph3 data in surgical site infections associated with colorectal cancer surgeries and first-in-class potential are squarely aligned with Azurity's business model, focusing on commercializing medicines in underserved patients."</p> <p>On the same day, Brandon Folkes of H.C. Wainwright &amp; Co. issued a "Buy" rating, with a price target of US$13.00. PolyPid's agreement with Azurity has helped put some of Folkes' concerns to rest, as he wrote: "The partnership removes a key uncertainty around the D-PLEX₁₀₀ commercial strategy. We have previously viewed a U.S. partnership as an important catalyst for PYPD, particularly given the longer institutional sales cycles that can accompany hospital products. PYPD had also been operating with a relatively limited cash runway, and we viewed a meaningful upfront payment as important to allowing the company to invest behind the broader pipeline without having to fund a U.S. commercial organization itself."</p> <p>The company expects the FDA to accept its NDA for D-PLEX₁₀₀in August 2026. According to PolyPid's <a href="https://investors.polypid.com/static-files/dcf501d6-a7a6-4c90-97c6-a273d529305a" target="_blank" rel="noopener">investor presentation</a>, the company hopes for a PDUFA date in early 2027 and expects to grow its Pipeline with Kynatrix, enabling expansion into additional high-value indications beyond the lead program.</p> <h2 style="text-align: center;">Share Structure and Ownership Details</h2> <p>PolyPid Ltd. has a market cap of US$77.71 million, with 19.17 million shares outstanding. The company's 52-week range is US$3.06-US$5.73.</p> <p>¹Institutions own 34.85% of shares, while Strategic Investors own 5.78%. Management &amp; Insiders own 15.45% of shares, and the remaining 43.92% of shares are held by Retail. [OWNERSHIP_CHART-11650]</p> <h2 style="text-align: center;">Common Questions from Investors</h2> <p><strong>Q: What is a Phase 3 clinical trial?</strong></p> <p>A: A Phase 3 clinical trial is one of the final stages of testing before a company asks regulators to approve a new medicine. It typically compares a new treatment with the current standard of care in a large group of patients to confirm that it is safe and effective.</p> <p><strong>Q: What is a New Drug Application (NDA)?</strong></p> <p>A: A New Drug Application (NDA) is the formal request a pharmaceutical company submits to the U.S. Food and Drug Administration (FDA) asking for permission to sell a new drug. The FDA reviews the clinical trial data, manufacturing process, and safety information before deciding whether to approve the treatment.</p> <p><strong>Q: What are surgical site infections?</strong></p> <p>A: Surgical site infections (SSIs) are infections that develop in the area of the body where surgery was performed. They can range from mild skin infections to more serious complications that require additional treatment, longer hospital stays, or even more surgery.</p> <p><strong>Q: Why do biotech companies partner with larger pharmaceutical companies?</strong></p> <p>A: Many biotech companies specialize in discovering and developing new medicines, but don't have the resources to manufacture, market, and distribute them on a large scale. Partnering with an established pharmaceutical company allows a promising treatment to reach patients more efficiently while helping the biotech company fund future research.</p> <p><strong>Q: What is a PDUFA date, and why do investors watch it?</strong></p> <p>A: A PDUFA date is the deadline by which the FDA aims to decide whether to approve a new drug after reviewing its application. Investors closely follow these dates because an approval can open the door to commercial sales, while a delay or rejection can significantly affect a company's outlook.</p> <p>The partnership provides PolyPid with immediate capital and a clear path to potential U.S. and Canadian commercialization while preserving rights elsewhere, positioning the company for measured growth in a competitive sector.</p> <p><a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a></p><p>Important Disclosures:</p><ol> <li>Jordan Nova wrote this article for Streetwise Reports LLC and provides services to Streetwise Reports as an employee. </li> <li>This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company. </li> <li><span class="med_adv">This article does not constitute medical advice. Officers, employees and contributors to Streetwise Reports are not licensed medical professionals. Readers should always contact their healthcare professionals for medical advice.</span></li> </ol> <p>For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting">here.</a></p> <p><strong>1. Ownership and Share Structure Information</strong></p> <p>The information listed above was updated on the date this article was published and was compiled from information from the company and various other data providers.</p><img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=31934"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=31934" width="0" height="0"> <p>( Companies Mentioned: PYPD:NASDAQ, )</p> Thu, 23 Jul 2026 00:00:00 PST https://www.streetwisereports.com/article/2026/07/23/argentina-silver-project-extends-high-grade-zones-ahead-of-pfs.html <p class="articleSource"> <b>Source: <a href="https://www.streetwisereports.com/article/2026/07/23/argentina-silver-project-extends-high-grade-zones-ahead-of-pfs.html?utm_medium=feed">Streetwise Reports 07/23/2026</a></b> </p> Unico Silver advances its Joaquin project in Santa Cruz with strong drill results, land ownership gains, and PFS work on track for late Q3 2026 amid rising silver demand.<p>Silver investors are taking notice of <strong><span class="for_co_card_11651">Unico Silver's (USL:ASX; USLRF:OTCQX)</span></strong> latest operations update as the company builds momentum at its flagship Joaquin project in Santa Cruz province, Argentina.</p> <h2 style="text-align: center;">Key Investor Takeaways</h2> <ul> <li>Unico Silver's June drilling extended high-grade gold-silver mineralization beyond the March 2026 Mineral Resource across Breccia Puntudo, La Morocha SE, and La Negra SE at its Joaquin Project.</li> <li>The best hole to date returned 11.25m (meters) at 1,301 g/t AgEq (silver equivalent), including 6.8m at 1,934 gpt AgEq - the strongest result so far.</li> <li>Exploration drilling is now complete, with the company shifting focus to Pre-Feasibility Study workstreams ahead of a maiden PFS scheduled for late Q3 2026.</li> <li>Unico secured a major land position by acquiring the 10,172-hectare La Mata estancia for US$12 million, converting a lease into permanent ownership.</li> <li>Unico held AU$55 million in cash at quarter-end, with the combined Joaquin and Cerro Leon Mineral Resource standing at approximately 330 Moz AgEq.</li> </ul> <h2 style="text-align: center;">Silver Market Opportunity Builds Momentum</h2> <p>Silver is recovering from a recent low after <a href="https://tradingeconomics.com/commodity/silver" target="_blank" rel="noopener">markets reduced bets on Federal Reserve rate hikes after disappointing U.S. jobs data</a>. Despite projections of 110,000 new jobs being added to the market in June, actual numbers came in only around 57,000 - the lowest in four months. Silver also rallied support from rising oil shipments through the Strait of Hormuz and progress in indirect U.S.-Iran talks, which lowered oil prices and eased fears of inflation.</p> <p>Higher demand from electric cars, solar panels, data centers, and more is shoring up silver's future demand. <a href="https://finance.yahoo.com/personal-finance/investing/article/silver-price-predictions-what-should-investors-expect-over-the-next-decade-130000645.html" target="_blank" rel="noopener">Yahoo Finance</a> quoted experts from both BlackRock and J.P. Morgan as saying, "By the end of 2026, experts predict silver's price will surpass US$80 per ounce, and it could reach US$100 per ounce by 2030."</p> <p>The silver sector as a whole is only showing signs of improvement. On May 7, 2026, <a href="https://www.recyclingtoday.com/news/world-bank-base-precious-metals-price-increases-2026-forecast/" target="_blank" rel="noopener">Brian Taylor of <em>Recycling Today</em> said</a> that the World Bank Group has predicted that overall global metals prices will rise by 17% in 2026, which would mark the first overall market increase since 2022.</p> <h2 style="text-align: center;">Why Unico Silver Stands Out Now</h2> <p>Unico Silver is an Australian exploration and development company that holds a portfolio of properties in the Santa Cruz province of Argentina. In its June quarterly report, Unico laid out a slew of <a href="https://wcsecure.weblink.com.au/pdf/USL/03113141.pdf" target="_blank" rel="noopener">updates and news</a> regarding the last three months of its 2026 operations. With drill results that have outshone an earlier MRE (Mineral Resource Estimate), a pivot from exploration to creating a PFS (Pre-Feasibility Study), and a market upgrade, there is a lot to break down.</p> <h2 style="text-align: center;">Key Assets and Recent Catalysts at Joaquin</h2> <p>A statement from Unico's managing director, Todd Williams, said: "The June quarter capped off an excellent period of drilling at Joaquin. Across Breccia Puntudo, La Morocha SE, and La Negra SE, we have continued to deliver high-grade silver-gold intercepts, including the best holes recorded to date at both Breccia Puntudo and La Morocha SE, with mineralization extending beyond the March 2026 Mineral Resource and remaining open. With exploration drilling now complete, our focus has shifted firmly to advancing PFS workstreams (geotechnical, baseline environmental, and hydrology) ahead of the maiden PFS scheduled for late Q3 2026. The upgrade to the OTCQX Best Market further strengthens our profile in North America, one of the world's largest and most sophisticated markets for precious-metals investors, and the subsequent acquisition of the La Mata estancia secures the land required to develop Joaquin, a significant de-risking step for the project."</p> <p>The operational update noted that June 2026 work focused on completing the exploration drill program at the Joaquin project and beginning the geotechnical, environmental, and hydrological workstreams necessary to support the project's upcoming PFS.</p> <p>Key quarterly outcomes included assay results from 121 drill holes totaling 16,194 meters, which continued to deliver strong gold-silver intercepts across the Breccia Puntudo, La Morocha SE, and La Negra SE prospects. The acquisition of 100% interest in the La Mata estancia, which consists of 10,172 hectares of freehold land, secures land hosting the La Morocha and La Negra mineral resources, prospective extension, and preferred locations for major infrastructure. The company considers this acquisition a major de-risking milestone for the Joaquin PFS. The completion of the 2026 drill program means activity has transitioned to PFS work streams, with La Negra SE and La Morocha SE remaining open at depth and along strike.</p> <h2 style="text-align: center;">Industry Timing and De-Risking Steps</h2> <p>In a corporate update, Unico noted that its quarter-ending cash balance was AU$55.07 million, after it paid AU$8.47 million toward exploration and evaluation, AU$113,000 in staff costs, and AU$672,000 in administrative and corporate costs. The combined Joaquin and Cerro Leon Mineral Resource stands at approximately 330 Moz AgEq, giving the company a substantial silver-equivalent inventory in a rising price environment.</p> <h2 style="text-align: center;">Analyst Views and Valuation</h2> <p>On June 22, 2026, SCP Resource Finance LP reiterated its <a href="https://fintel.io/sfo/au/usl" target="_blank" rel="noopener">"Buy" Rating</a> for Unico, and Canaccord Genuity did the same on July 9, 2026. According to the <a href="https://wcsecure.weblink.com.au/pdf/USL/03113141.pdf" target="_blank" rel="noopener">operational update</a>, "With the exploration drill program complete, the company's near-term focus is on delivering the maiden Pre-Feasibility Study for Joaquin, scheduled for late Q3 2026. Key activities include advancement of PFS workstreams such as geotechnical drilling and interpretation to define open-pit slope and design parameters, completion of comminution and metallurgical testwork to confirm processing assumptions and recovery pathways, Phase 2 baseline environmental studies to support the EIA for mining approvals, and water-exploration drilling to support hydrological studies. Resumption of exploration drilling in Q3 2026 will target extensions at La Negra SE and La Morocha SE, which remain open at depth and along strike, along with completion of the La Mata estancia acquisition and progression of staged consideration payments."</p> <h2 style="text-align: center;">Share Structure and Upcoming Events</h2> <p>Unico Silver Ltd. has a market cap of US$292.65 million, with 640.37 million shares outstanding. The company's 52-week range is US$0.24-US$1.19.</p> <p>¹Institutions own 10.39% of shares, while Strategic Investors own 22.94%. Management and Insiders own 3.08% of shares, and the remaining 63.59% of shares are held by retail. [OWNERSHIP_CHART-11651]</p> <h2 style="text-align: center;">Common Questions from Investors</h2> <p><strong>Q: What is a Pre-Feasibility Study (PFS)?</strong></p> <p>A: A Pre-Feasibility Study (PFS) is an engineering and economic study that evaluates whether a mining project has the potential to become a profitable mine. It examines factors such as mining methods, processing, costs, environmental considerations, and project economics before a final feasibility study is completed.</p> <p><strong>Q: What is a Mineral Resource Estimate (MRE)?</strong></p> <p>A: A Mineral Resource Estimate (MRE) is a scientific estimate of the amount and grade of minerals contained within a deposit. It is based on drilling and geological data and helps investors understand the size and potential value of a mining project.</p> <p><strong>Q: What does silver equivalent (AgEq) mean?</strong></p> <p>A: Silver equivalent (AgEq) is a way of combining the value of silver and other metals, such as gold, into a single silver grade. It allows investors to compare drill results more easily when a deposit contains multiple valuable metals.</p> <p><strong>Q: Why is extending mineralization beyond a resource estimate important?</strong></p> <p>A: When drilling extends mineralization beyond an existing resource estimate, it suggests the deposit may be larger than previously known. Additional drilling is needed to confirm the extension, but successful results can lead to future resource growth.</p> <p><strong>Q: Why is land ownership important for a mining project?</strong></p> <p>A: Owning the land where a mineral deposit is located can reduce development risk by giving a company greater control over mine planning, infrastructure, and permitting. It can also eliminate lease obligations and simplify future project development.</p> <p>With exploration now complete and a clear path to the maiden PFS, Unico Silver offers retail investors a focused opportunity to follow a de-risked silver-gold project in a supportive market environment.</p> <p><a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a></p><p>Important Disclosures:</p><ol> <li>Jordan Nova wrote this article for Streetwise Reports LLC and provides services to Streetwise Reports as an employee. </li> <li> This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company. </li> </ol> <p>For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting">here.</a></p> <p><strong>1. Ownership and Share Structure Information</strong></p> <p>The information listed above was updated on the date this article was published and was compiled from information from the company and various other data providers.</p><img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=31933"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=31933" width="0" height="0"> <p>( Companies Mentioned: USL:ASX; USLRF:OTCQX, )</p> Thu, 23 Jul 2026 00:00:00 PST https://www.streetwisereports.com/article/2026/07/23/mining-giant-makes-ca-20-9m-bet-on-emerging-copper-gold-discovery.html <p class="articleSource"> <b>Source: <a href="https://www.streetwisereports.com/article/2026/07/23/mining-giant-makes-ca-20-9m-bet-on-emerging-copper-gold-discovery.html?utm_medium=feed">Streetwise Reports 07/23/2026</a></b> </p> Kingfisher Metals Corp. (KFR:TSX.V; KGFMF:OTCQB; 970:FSE) secured a CA$20.9 million strategic investment from Barrick Mining Corp. (ABX:TSX; B:NYSE) that is expected to fund exploration at its HWY 37 Project while making Barrick a 9.9% shareholder.<div class="qMYqUG_convSearchResultHighlightRoot"> <div class="" data-turn-id-container="request-WEB:2e255081-07d6-45a8-8bd1-2f876ae60c7c-26" data-is-intersecting="true"> <section class="text-token-text-primary w-full focus:outline-none has-data-writing-block:pointer-events-none [&amp;:has([data-writing-block])&gt;*]:pointer-events-auto R6Vx5W_threadScrollVars scroll-mb-[calc(var(--scroll-root-safe-area-inset-bottom,0px)+var(--thread-response-height))] scroll-mt-[calc(var(--header-height)+min(200px,max(70px,20svh)))]" dir="auto" data-turn-id="request-WEB:2e255081-07d6-45a8-8bd1-2f876ae60c7c-26" data-turn-id-container="request-WEB:2e255081-07d6-45a8-8bd1-2f876ae60c7c-26" data-testid="conversation-turn-2" data-turn="assistant"> <div class="text-base my-auto mx-auto pb-15 [--thread-content-margin:var(--thread-content-margin-xs,calc(var(--spacing)*4))] @w-sm/main:[--thread-content-margin:var(--thread-content-margin-sm,calc(var(--spacing)*6))] @w-lg/main:[--thread-content-margin:var(--thread-content-margin-lg,calc(var(--spacing)*16))] px-(--thread-content-margin)"> <div class="[--thread-content-max-width:40rem] @w-lg/main:[--thread-content-max-width:48rem] mx-auto max-w-(--thread-content-max-width) flex-1 group/turn-messages focus-visible:outline-hidden relative flex w-full min-w-0 flex-col agent-turn" data-conversation-screenshot-content=""> <div class="flex max-w-full flex-col gap-4 grow"> <div class="min-h-8 text-message relative flex w-full flex-col items-end gap-2 text-start break-words whitespace-normal outline-none keyboard-focused:focus-ring [.text-message+&amp;]:mt-1" dir="auto" tabindex="0" data-message-author-role="assistant" data-message-id="34273685-e4e2-473e-9789-3c701c848218" data-turn-start-message="true" data-message-model-slug="gpt-5-5"> <div class="flex w-full flex-col gap-1 empty:hidden"> <div class="markdown prose dark:prose-invert wrap-break-word w-full dark markdown-new-styling"> <p class="PDq2pG_selectionAnchorContainer" data-start="106" data-end="600"><strong><span class="for_co_card_10275">Kingfisher Metals Corp. (KFR:TSX.V: KGFMF:OTCQB; 970:FSE)</span></strong> announced <a href="https://kingfishermetals.com/kingfisher-announces-strategic-investment-from-barrick/" target="_blank" rel="noopener">that it has entered into an agreement with <strong>Barrick Mining Corp. (ABX:TSX; B:NYSE)</strong> under which Barrick will purchase 15,470,934 units of Kingfisher in a non-brokered private placement priced at CA$1.35 per unit for gross proceeds of CA$20,885,761</a>. Each unit will consist of one common share and one-half of one common share purchase warrant. Each whole warrant will be exercisable for one common share at CA$1.70 for a period of two years.</p> <p data-start="602" data-end="876">According to the company, the placement will result in Barrick owning approximately 9.9% of Kingfisher's issued and outstanding common shares on a non-diluted post-transaction basis and approximately 14.1% on a partially diluted basis, assuming the exercise of all warrants.</p> <p data-start="878" data-end="1248">Kingfisher said it has agreed to use at least 80% of the proceeds from the placement for exploration and development of its HWY 37 Project in British Columbia, with the balance allocated to general working capital and other purposes. Closing is expected on or before July 27, 2026, subject to customary closing conditions, including approval of the TSX Venture Exchange.</p> <p data-start="1250" data-end="1655">"We are very pleased to welcome Barrick as a strategic shareholder of Kingfisher, following their extensive due diligence," <a href="https://kingfishermetals.com/kingfisher-announces-strategic-investment-from-barrick/" target="_blank" rel="noopener">President, CEO, and Director Dustin Perry said</a>. He added that, following the closing of the transaction, the company expects to have approximately CA$47 million in cash to fund ongoing exploration programs at the Hank Porphyry discovery and across its Golden Triangle land position.</p> <p data-start="1657" data-end="2334">Kingfisher also disclosed that it and Barrick will enter into an investor rights agreement. While Barrick maintains at least a 5% ownership interest, the agreement will provide Barrick with participation rights in future equity issuances to maintain its pro rata ownership, certain top-up rights, access to technical information related to the HWY 37 Project, project-level restrictions on certain transactions involving the project for a period of 24 months, and technical committee appointment rights, along with other customary investor rights. Barrick also agreed to voting, standstill, and transfer restrictions for specified periods following the closing of the placement.</p> <h2 class="PDq2pG_selectionAnchorContainer" style="text-align: center;" data-section-id="1cx9rod" data-start="0" data-end="48">Copper Tightness and Gold Demand Shape Mining Outlook</h2> <p data-start="50" data-end="1090"><a href="https://www.mining.com/copper-price-nearing-us-record-as-premium-doubles-shanghai-stockpiles-drop-82/" target="_blank" rel="noopener">A July 21 report from <em data-start="72" data-end="84">Mining.com</em> stated that copper prices had climbed to their highest level in more than a month as signs of tightening physical supply in China increased and traders renewed expectations that Washington could impose a tariff on refined copper imports.</a> The publication reported that Comex copper for September delivery had risen 3.3% to US$6.55 per pound, less than 2% below the record reached in early June, while London Metal Exchange three-month copper had advanced to US$13,851 per tonne. It also noted that the premium for spot cathode over Shanghai futures had reached its highest level since May of the previous year, Yangshan import premiums had climbed to their highest level since May 2025, and deliverable copper inventories monitored by the Shanghai Futures Exchange had fallen 82% since early May. ING commodities strategist Ewa Manthey said the metal had been "pulled higher by a tightening Chinese market," adding that "the rally will need continued evidence of physical tightness to extend much further."</p> <p data-start="1092" data-end="1671"><a href="https://www.gurufocus.com/news/8973348/gold-bull-market-paulson-sees-longterm-upside-for-novagold-ng" target="_blank" rel="noopener">According to a July 22 article published by <em data-start="1136" data-end="1147">GuruFocus</em>, hedge fund manager John Paulson said he believed "gold is entering a long-term bull market."</a> The publication reported that he attributed that view to increasing demand for gold as a hedge against declining confidence in fiat currencies and said the metal would "continue to gain traction as an alternative asset." <em data-start="1463" data-end="1474">GuruFocus</em> also wrote that central banks had been increasing gold reserves while interest from the private sector had been rising as investors sought safe-haven assets during periods of economic uncertainty.</p> <p data-start="1673" data-end="2378" data-is-last-node="" data-is-only-node=""><a href="https://farmonaut.com/mining/best-gold-copper-mining-stocks-to-buy-top-2026-picks" target="_blank" rel="noopener">A recent industry overview from <em data-start="1709" data-end="1720">Farmonaut</em> stated that gold and copper mining underpinned infrastructure, energy transitions, soil health, and rural communities.</a> The report said mining companies had been increasing investments in water management, tailings integrity, rehabilitation programs, and community partnerships as environmental and social responsibility became a greater focus. It added that these initiatives had helped protect natural resources while supporting permitting continuity and supply chain resilience during commodity cycles. The report also stated, "Gold and copper are critical not only for technology and investments, but for soil health, food security, and forest management."</p> <h2 class="PDq2pG_selectionAnchorContainer" style="text-align: center;" data-section-id="t8crcb" data-start="0" data-end="82">Barrick Investment Highlighted as Validation of Kingfisher's Financial Position</h2> <p data-start="84" data-end="506"><a href="https://robertsinn.substack.com/p/barrick-bets-big-on-kingfisher" target="_blank" rel="noopener">According to a July 21 report</a> from Robert Sinn, Barrick Mining's CA$20.9 million strategic investment represented a significant financing event for Kingfisher Metals. Sinn wrote that "The Barrick cash infusion gives KFR sufficient capital runway through the end of 2027, and potentially beyond." He also stated that an additional "CA$7 million from in-the-money warrants further strengthens Kingfisher's financial position."</p> <p data-start="508" data-end="1137">Sinn noted that Barrick was acquiring 15.47 million units at CA$1.35 per unit in a non-brokered private placement, with each unit including one common share and one-half warrant exercisable at CA$1.70 for two years. He reported that, upon closing, Barrick would own approximately 9.9% of Kingfisher on a non-diluted basis, increasing to 14.1% on a partially diluted basis if all warrants were exercised. He also wrote that at least 80% of the proceeds, or approximately CA$16.7 million, were required to be spent on the HWY 37 Project and that Kingfisher expected to have approximately CA$47 million in cash following the transaction.</p> <h2 style="text-align: center;" data-section-id="1q2jyf4" data-start="2336" data-end="2387">2026 Exploration Program and Project Activities</h2> <p data-start="2389" data-end="2821"><a href="https://kingfishermetals.com/wp-content/uploads/2026/05/KFR_MAY_2026-1.pdf" target="_blank" rel="noopener">According to the company's May 2026 investor presentation</a>, the 2026 exploration program included a planned 15,000-meter drill program at the HWY 37 Project beginning in mid-June. The presentation also outlined a regional exploration program across the HWY 37 and Forrest Kerr projects that included induced polarization (IP), MobileMT (MMT), magnetic, LiDAR, geological, and geochemical surveys. [OWNERSHIP_CHART-10275]</p> <p data-start="2823" data-end="3202" data-is-last-node="" data-is-only-node="">The presentation stated that the company expected to conduct the drill program while continuing regional exploration work across both project areas using multiple geophysical and geological survey methods. It also noted that the HWY 37 Project and Forrest Kerr Project formed the company's land package in British Columbia's Golden Triangle.</p> <h2 style="text-align: center;">Ownership &amp; Share Information¹</h2> <p>Management and insiders hold 8.34% of Kingfisher Metals. Institutions own 9.51%. The rest is retail.</p> <p>Kingfisher Metals has a market cap of CA$27.94 million, 140.8 million outstanding shares, and a 52-week trading range of CA$0.22 - CA$1.45</p> <h2 class="PDq2pG_selectionAnchorContainer" style="text-align: center;" data-section-id="1643qsm" data-start="0" data-end="98"><strong>Frequently Asked Questions About Kingfisher Metals, the HWY 37 Project, and Barrick's Investment</strong></h2> <h3 data-section-id="18wtm98" data-start="100" data-end="154"><strong>What did Barrick announce about Kingfisher Metals?</strong></h3> <p data-start="156" data-end="402">Barrick Mining announced that it agreed to make a strategic investment in Kingfisher Metals through a non-brokered private placement. Barrick agreed to purchase 15,470,934 units of Kingfisher at CA$1.35 per unit for gross proceeds of CA$20,885,761.</p> <h3 data-section-id="1ajwr7g" data-start="404" data-end="459"><strong>How much is Barrick investing in Kingfisher Metals?</strong></h3> <p data-start="461" data-end="558">Barrick agreed to invest CA$20,885,761 in Kingfisher Metals through a private placement financing.</p> <h3 data-section-id="1stntsy" data-start="560" data-end="618"><strong>What percentage of Kingfisher Metals will Barrick own?</strong></h3> <p data-start="620" data-end="835">Following the closing of the transaction, Barrick is expected to own approximately 9.9% of Kingfisher Metals on a non-diluted basis and approximately 14.1% on a partially diluted basis if all warrants are exercised.</p> <h3 data-section-id="12ak0x3" data-start="837" data-end="868"><strong>What is the HWY 37 Project?</strong></h3> <p data-start="870" data-end="1131">The HWY 37 Project is Kingfisher Metals' copper-gold exploration project located in British Columbia's Golden Triangle. According to the company, at least 80% of the proceeds from Barrick's investment will be used for exploration and development of the project.</p> <h3 data-section-id="98m9y6" data-start="1133" data-end="1191"><strong>Where is the Kingfisher Metals HWY 37 Project located?</strong></h3> <p data-start="1193" data-end="1328">The HWY 37 Project is located in the Golden Triangle region of British Columbia, Canada, an area known for copper and gold exploration.</p> <h3 data-section-id="1rlwsrv" data-start="1330" data-end="1384"><strong>What will Kingfisher Metals use the financing for?</strong></h3> <p data-start="1386" data-end="1606">Kingfisher Metals said at least 80% of the proceeds from the financing will be used for exploration and development of the HWY 37 Project, with the remaining funds allocated to general working capital and other purposes.</p> <h3 data-section-id="fpj3ml" data-start="1608" data-end="1674"><strong>How much cash will Kingfisher Metals have after the financing?</strong></h3> <p data-start="1676" data-end="1819">According to the company, Kingfisher Metals expects to have approximately CA$47 million in cash following the closing of the Barrick investment.</p> <h3 data-section-id="1a3ndce" data-start="1821" data-end="1880"><strong>What exploration work is planned at the HWY 37 Project?</strong></h3> <p data-start="1882" data-end="2190">According to the company's May 2026 investor presentation, Kingfisher planned a 15,000-meter drill program at the HWY 37 Project beginning in mid-June, along with regional exploration across the HWY 37 and Forrest Kerr projects that included IP, MobileMT, magnetic, LiDAR, geological, and geochemical surveys.</p> <h3 data-section-id="tgez4x" data-start="2192" data-end="2248"><strong>What commodities is Kingfisher Metals exploring for?</strong></h3> <p data-start="2250" data-end="2348">Kingfisher Metals is focused on copper and gold exploration in British Columbia's Golden Triangle.</p> <h3 data-section-id="1h5xh6m" data-start="2350" data-end="2405"><strong>Why are copper prices attracting attention in 2026?</strong></h3> <p data-start="2407" data-end="2684">According to <em data-start="2420" data-end="2432">Mining.com</em>, copper prices rose as evidence of tightening physical supply in China increased, while inventories in warehouses monitored by the Shanghai Futures Exchange declined significantly, and traders monitored potential U.S. tariffs on refined copper imports.</p> <h3 data-section-id="1ijblyc" data-start="2686" data-end="2735"><strong>What is driving interest in gold during 2026?</strong></h3> <p data-start="2737" data-end="2939">According to <em data-start="2750" data-end="2761">GuruFocus</em>, hedge fund manager John Paulson said he believed gold was entering "a long-term bull market" because of increasing demand as a hedge against declining faith in fiat currencies.</p> <h3 data-section-id="1jy7pp9" data-start="2941" data-end="3001"><strong>Is Kingfisher Metals listed on the TSX Venture Exchange?</strong></h3> <p data-start="3003" data-end="3190">Yes. Kingfisher Metals trades on the TSX Venture Exchange under the symbol <strong data-start="3078" data-end="3085">KFR</strong>. The company also trades on the OTCQB under <strong data-start="3130" data-end="3139">KGFMF</strong> and on the Frankfurt Stock Exchange under <strong data-start="3182" data-end="3189">970</strong>.</p> <h3 data-section-id="1vouj0j" data-start="3192" data-end="3253"><strong>What are Kingfisher Metals' primary exploration projects?</strong></h3> <p data-start="3255" data-end="3448">According to the company, its primary exploration assets include the 933-square-kilometer HWY 37 Project and the 202-square-kilometer Forrest Kerr Project in British Columbia's Golden Triangle.</p> <h3 data-section-id="1r1fsr7" data-start="3450" data-end="3520"><strong>When is the Kingfisher Metals private placement expected to close?</strong></h3> <p data-start="3522" data-end="3700" data-is-last-node="" data-is-only-node="">The company said the private placement is expected to close on or before July 27, 2026, subject to customary closing conditions, including approval from the TSX Venture Exchange.</p> <p data-start="3522" data-end="3700" data-is-last-node="" data-is-only-node=""><a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a></p> </div> </div> </div> </div> </div> </div> </section> </div> </div><p>Important Disclosures:</p><ol> <li>James Guttman wrote this article for Streetwise Reports LLC and provides services to Streetwise Reports as an employee. </li> <li> This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company. </li> </ol> <p>For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting">here.</a></p> <p><strong>1. Ownership and Share Structure Information</strong></p> <p>The information listed above was updated on the date this article was published and was compiled from information from the company and various other data providers.</p><img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=31932"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=31932" width="0" height="0"> <p>( Companies Mentioned: KFR:TSX.V: KGFMF:OTCQB; 970:FSE, )</p> Thu, 23 Jul 2026 00:00:00 PST https://www.streetwisereports.com/article/2026/07/23/55-million-ounce-silver-resource-set-for-major-update.html <p class="articleSource"> <b>Source: <a href="https://www.streetwisereports.com/article/2026/07/23/55-million-ounce-silver-resource-set-for-major-update.html?utm_medium=feed">Streetwise Reports 07/23/2026</a></b> </p> Minaurum Silver Inc. (MGG:TSXV; MMRGF:OTCQX) has engaged SGS to update the mineral resource estimate for its Alamos Silver Project following an inaugural 55.2-million-ounce silver equivalent resource and ongoing 50,000-meter drilling program.<div class="qMYqUG_convSearchResultHighlightRoot"> <div class="" data-turn-id-container="request-WEB:89c10110-2d73-49a7-bddf-0a6093a28e41-16" data-is-intersecting="true"> <section class="text-token-text-primary w-full focus:outline-none has-data-writing-block:pointer-events-none [&amp;:has([data-writing-block])&gt;*]:pointer-events-auto R6Vx5W_threadScrollVars scroll-mb-[calc(var(--scroll-root-safe-area-inset-bottom,0px)+var(--thread-response-height))] scroll-mt-[calc(var(--header-height)+min(200px,max(70px,20svh)))]" dir="auto" data-turn-id="request-WEB:89c10110-2d73-49a7-bddf-0a6093a28e41-16" data-turn-id-container="request-WEB:89c10110-2d73-49a7-bddf-0a6093a28e41-16" data-testid="conversation-turn-2" data-turn="assistant"> <div class="text-base my-auto mx-auto pb-15 [--thread-content-margin:var(--thread-content-margin-xs,calc(var(--spacing)*4))] @w-sm/main:[--thread-content-margin:var(--thread-content-margin-sm,calc(var(--spacing)*6))] @w-lg/main:[--thread-content-margin:var(--thread-content-margin-lg,calc(var(--spacing)*16))] px-(--thread-content-margin)"> <div class="[--thread-content-max-width:40rem] @w-lg/main:[--thread-content-max-width:48rem] mx-auto max-w-(--thread-content-max-width) flex-1 group/turn-messages focus-visible:outline-hidden relative flex w-full min-w-0 flex-col agent-turn" data-conversation-screenshot-content=""> <div class="flex max-w-full flex-col gap-4 grow"> <div class="min-h-8 text-message relative flex w-full flex-col items-end gap-2 text-start break-words whitespace-normal outline-none keyboard-focused:focus-ring [.text-message+&amp;]:mt-1" dir="auto" tabindex="0" data-message-author-role="assistant" data-message-id="7902938c-78e4-418b-a44b-e75442fd5eb8" data-turn-start-message="true" data-message-model-slug="gpt-5-5"> <div class="flex w-full flex-col gap-1 empty:hidden"> <div class="markdown prose dark:prose-invert wrap-break-word w-full dark markdown-new-styling"> <p class="PDq2pG_selectionAnchorContainer" data-start="70" data-end="451"><strong><span class="for_co_card_3158">Minaurum Silver Inc. (MGG:TSXV; MMRGF:OTCQX) </span></strong>announced <a href="https://minaurum.com/news/2026/minaurum-engages-sgs-to-complete-mineral-resource-update-on-the-alamos-silver-project/" target="_blank" rel="noopener">that it has engaged SGS Metallurgy and Consulting Geological Services (SGS) to update the mineral resource estimate for its Alamos Silver Project in Sonora, Mexico.</a> According to the company, SGS has completed resource estimates at projects including <strong>Vizsla Silver Corp.'s (VZLA:TSX.V; VZLA:NYSE)</strong> Panuco Project and <strong>Endeavor Silver's (NYSE: EXK) </strong>Pitarrilla Project.</p> <p data-start="453" data-end="902">"SGS is an industry leader in geological, mining, and metallurgical services, including the evaluation of mineral resources," President and CEO Darrell Rader said. "Our project-management and resource-modeling team has had extensive experience working with SGS at SilverCrest's Las Chispas deposit, making this a natural and highly effective collaboration. We look forward to working with SGS as we complete the updated mineral resource estimate."</p> <p data-start="904" data-end="1492">The company noted that its inaugural mineral resource estimate, announced in January 2026, totaled 5.37 million tonnes containing 55.2 million ounces of silver equivalent grading 320 g/t silver equivalent, or 202 g/t silver, 0.21 g/t gold, 0.43% copper, 0.97% lead, and 2.01% zinc. The resource included 34.8 million ounces of silver, 35,640 ounces of gold, 51.0 million pounds of copper, 115 million pounds of lead, and 238 million pounds of zinc. The supporting NI 43-101 technical report, filed on Feb. 27, 2026, incorporated 104 drill holes totaling 35,888.15 meters and 10,194 samples.</p> <p data-start="1494" data-end="2030"><a href="https://minaurum.com/news/2026/minaurum-engages-sgs-to-complete-mineral-resource-update-on-the-alamos-silver-project/" target="_blank" rel="noopener">Minaurum said it launched a 50,000-meter, six-rig core drilling campaign in December 2025</a> as part of its resource expansion program targeting the Europa, Promontorio, and Travesia vein zones while testing their extensions along strike and down plunge. The program also includes drilling at the Promontorio Sur and Europa Sur extensions, together with initial resource drill testing at the Quintera and San Jose vein zones. According to the company, numerous high-grade intercepts have been reported from Quintera, Europa Sur, and San Jose.</p> <p data-start="2032" data-end="2387">The updated mineral resource estimate will incorporate new data from the Europa, Promontorio and Travesia vein zones, along with additional vein zones including Europa Sur, Quintera and San Jose, expanding the scope of the previous historical estimate. The company said the updated estimate is expected later in 2026.</p> <div class="qMYqUG_convSearchResultHighlightRoot"> <div class="" data-turn-id-container="request-WEB:89c10110-2d73-49a7-bddf-0a6093a28e41-19" data-is-intersecting="true"> <section class="text-token-text-primary w-full focus:outline-none has-data-writing-block:pointer-events-none [&amp;:has([data-writing-block])&gt;*]:pointer-events-auto R6Vx5W_threadScrollVars scroll-mb-[calc(var(--scroll-root-safe-area-inset-bottom,0px)+var(--thread-response-height))] scroll-mt-[calc(var(--header-height)+min(200px,max(70px,20svh)))]" dir="auto" data-turn-id="request-WEB:89c10110-2d73-49a7-bddf-0a6093a28e41-19" data-turn-id-container="request-WEB:89c10110-2d73-49a7-bddf-0a6093a28e41-19" data-testid="conversation-turn-8" data-turn="assistant"> <div class="text-base my-auto mx-auto pb-15 [--thread-content-margin:var(--thread-content-margin-xs,calc(var(--spacing)*4))] @w-sm/main:[--thread-content-margin:var(--thread-content-margin-sm,calc(var(--spacing)*6))] @w-lg/main:[--thread-content-margin:var(--thread-content-margin-lg,calc(var(--spacing)*16))] px-(--thread-content-margin)"> <div class="[--thread-content-max-width:40rem] @w-lg/main:[--thread-content-max-width:48rem] mx-auto max-w-(--thread-content-max-width) flex-1 group/turn-messages focus-visible:outline-hidden relative flex w-full min-w-0 flex-col agent-turn" data-conversation-screenshot-content=""> <div class="flex max-w-full flex-col gap-4 grow"> <div class="min-h-8 text-message relative flex w-full flex-col items-end gap-2 text-start break-words whitespace-normal outline-none keyboard-focused:focus-ring [.text-message+&amp;]:mt-1" dir="auto" tabindex="0" data-message-author-role="assistant" data-message-id="0ea10b6d-446c-4774-9a27-4bee18648a69" data-message-model-slug="gpt-5-5" data-turn-start-message="true"> <div class="flex w-full flex-col gap-1 empty:hidden"> <div class="markdown prose dark:prose-invert wrap-break-word w-full dark markdown-new-styling"> <h2 class="PDq2pG_selectionAnchorContainer" style="text-align: center;" data-section-id="v8ayr7" data-start="0" data-end="18">Precious and Base Metals Markets Reflect Shifting Supply and Demand</h2> <p class="PDq2pG_selectionAnchorContainer" data-start="664" data-end="1250">Market conditions shifted in the following days. <a href="https://www.mining.com/copper-price-nearing-us-record-as-premium-doubles-shanghai-stockpiles-drop-82/?utm_source=Rock+Daily+%7C+RCKS+Master+Audience&amp;utm_campaign=08f8627353-EMAIL_CAMPAIGN_2018_04_10_COPY_01&amp;utm_medium=email&amp;utm_term=0_2d6e7dc0d4-08f8627353-606677560" target="_blank" rel="noopener">Mining.com reported on July 21 that copper prices had climbed to their highest level in more than a month</a> as evidence of a tightening physical market in China increased and traders rebuilt expectations that the United States could impose a tariff on refined copper imports. </p> <p class="" data-start="1252" data-end="1879" data-is-last-node="" data-is-only-node="">Mining.com also reported that deliverable copper inventories monitored by the Shanghai Futures Exchange had fallen 82% since early May, while London Metal Exchange inventories had declined 28% over the same period. According to ING commodities strategist Ewa Manthey, "Copper is being pulled higher by a tightening Chinese market," adding that "the rally will need continued evidence of physical tightness to extend much further." The publication also noted that the London Metal Exchange cash-to-three-month spread had narrowed close to backwardation, which it described as a sign of tightening near-term availability.</p> <p class="" data-start="1252" data-end="1879" data-is-last-node="" data-is-only-node=""><a href="https://www.kitco.com/news/article/2026-07-23/gold-prices-continue-hold-key-support-ecb-leaves-interest-rates-unchanged" target="_blank" rel="noopener">According to a July 23 report from Kitco News</a>, the gold market had continued "to base-build at key long-term support levels" after the European Central Bank left interest rates unchanged. Kitco reported that the ECB maintained its key interest rates while providing little forward guidance as the global economy continued to navigate renewed military actions in the Middle East. In its monetary policy statement, the ECB said, "Uncertainty remains high and the full inflationary impact of the energy shock has yet to play out," adding that it remained committed to ensuring inflation stabilized at its 2% target over the medium term. Kitco also reported that spot gold last traded at US$4,074.50 per ounce.</p> <p data-start="620" data-end="1558"><a href="https://www.cnbc.com/2026/07/23/silver-gold-prices-rebound-rally-correction.html" target="_blank" rel="noopener">CNBC reported on July 23 that spot silver traded at US$59.47 per ounce</a>, up about 6.3% from the end of the previous week, while spot gold also posted gains. According to ING commodities strategists Warren Patterson and Ewa Manthey, the recent move reflected "bargain hunting after recent weakness" rather than "a material shift in the geopolitical or macroeconomic backdrop." The strategists also wrote that silver "could continue to outperform if strength in industrial metals persists alongside safe-haven demand," adding that "Silver's performance reflects not only its safe-haven appeal but also support from improving sentiment across the industrial metals complex, particularly copper." CNBC also reported that UBS strategist Dominic Schnider said, "Silver faces a top-down backdrop that offers investors little impetus to increase long positions. With investment demand patchy, silver prices have yet to find a solid floor."</p> <p data-start="1560" data-end="2476" data-is-last-node="" data-is-only-node=""><a href="https://www.kitco.com/news/article/2026-07-22/silvers-correction-has-reset-market-clearing-way-sustainable-rally-70" target="_blank" rel="noopener">Writing for Kitco News on July 22, Neils Christensen reported that WisdomTree Head of Commodities and Macroeconomic Research Nitesh Shah viewed silver's correction as a reset for the market following January's record highs</a>. Shah wrote, "Silver's exuberance in January 2026 is now clearly in the rear-view mirror," adding, "We therefore see silver rising towards US$70/oz, but view this as a fundamentally supported move rather than a repeat of January's speculative spike." He also said, "Silver is a smaller market than gold and has a significant degree of retail participation. As a result, it is more prone to speculative episodes." Christensen reported that Shah also emphasized silver's industrial role, noting that lower prices were beneficial for manufacturers facing higher input costs and stating that bringing prices back to more sustainable levels helped protect one of silver's key sources of demand.</p> <h2 class="PDq2pG_selectionAnchorContainer" style="text-align: center;" data-section-id="1nan7bo" data-start="0" data-end="81"><span role="text"><strong data-start="4" data-end="81">High-Grade Drill Results Supported Continued Resource Growth Expectations</strong></span></h2> <p data-start="115" data-end="811"><a href="https://thegoldadvisor.com/silver-stock-investor/newsletters/summer-doldrums-ending/" target="_blank" rel="noopener">In the July 22 edition of <em data-start="145" data-end="159">Silver Stock</em>, analyst Peter Krauth discussed Minaurum Silver's latest drill results from its 50,000-meter Phase II resource expansion program at the Alamos Silver Project</a>. Krauth wrote that the company had reported "another strong set of drill results" with "high-grade mineralization continuing to expand the Quintera, Europa Sur, Travesia, and San Jose vein zones." He highlighted Quintera as delivering "some of the best intercepts," including 5.95 meters grading 1,117 g/t silver equivalent, and noted that "the historic high-grade vein remains open both at depth and along strike, reinforcing its potential to become a major driver of future resource growth."</p> <p data-start="813" data-end="1230">Krauth also wrote that Europa Sur had "continued to validate the company's stacked-vein exploration model," while Travesia and San Jose had returned additional mineralized intercepts. He noted that assays remained pending from additional Quintera drilling and that the company planned to continue testing down-plunge and along-strike extensions across the four vein systems as it worked to expand the Alamos resource.</p> <p data-start="1232" data-end="1724">Commenting on the results, Krauth wrote, "I remain impressed by the continuous high-grade silver intercepts over significant widths and over more zones." He added, "I'm quite confident the overall resource will reach 100Moz AgEq before long, with a fully financed 50,000m drill program." Krauth also stated, "This resource has a lot of growth ahead, and I expect a re-rate with the next resource estimate, especially since the project is fully permitted. I am glad to maintain my shareholding."</p> </div> </div> </div> </div> </div> </div> </section> </div> </div> <h2 style="text-align: center;" data-section-id="m2e8fd" data-start="2389" data-end="2458">Resource Expansion Activities Continue Across Multiple Vein Zones</h2> <p data-start="2460" data-end="2847">The company's 50,000-meter Phase II resource expansion drill program is underway with six drill rigs and includes infill and step-out definition drilling. <a href="https://minaurum.com/site/assets/files/3832/mggppt-july21-2026-web.pdf#viewer.action=download" target="_blank" rel="noopener">According to the July 2026 presentation</a>, the program began with three advanced vein zones and followed approximately 65,000 meters drilled in 188 holes at Alamos, with additional assays pending.</p> <p data-start="2849" data-end="3223">The presentation states that the updated resource is targeted for the second half of 2026 and identifies the Promontorio, Europa, and Travesia vein zones as the initial focus of the expanded resource work. It also notes that drilling has been directed toward Promontorio Sur, Europa Sur, Quintera, and San Jose as additional target areas. </p> <p data-start="3225" data-end="3711" data-is-last-node="" data-is-only-node="">According to the presentation, high-grade mineralization has been identified through drilling in multiple additional vein zones during the Phase II program. It states that the Minas Nuevas, Alessandra, San Jose, and Pulpito-Cotera vein zones are ready for systematic infill drilling and expansion for incorporation into potential near-future resources, while the Quintera, Animas, and Promontorio Sur vein zones remain open along strike and at depth.</p> <h2 style="text-align: center;"><strong>Ownership and Share Structure¹</strong></h2> <p>About 60% of the company is owned by high-net-worth investors, about 20% is retail, about 15% by precious metal funds, and about 5% by management. [OWNERSHIP_CHART-3158]</p> <p data-start="3225" data-end="3711" data-is-last-node="" data-is-only-node="">The company has a market capitalization of approximately CA$180 million, with 513.23 million shares outstanding. The stock has traded in a 52-week range of CA$0.22 to CA$0.65. </p> <h2 class="PDq2pG_selectionAnchorContainer" style="text-align: center;" data-section-id="1r8frcv" data-start="263" data-end="292"><strong>Frequently Asked Questions</strong></h2> <h3 data-section-id="1w3uidm" data-start="294" data-end="322"><strong>What is Minaurum Silver?</strong></h3> <p data-start="323" data-end="546">Minaurum Silver Inc. is a mineral exploration company focused on the Alamos Silver Project in Sonora, Mexico. The company announced that SGS has been engaged to complete an updated mineral resource estimate for the project.</p> <h3 data-section-id="1fgssy7" data-start="548" data-end="586"><strong>What is the Alamos Silver Project?</strong></h3> <p data-start="587" data-end="819">The Alamos Silver Project is a high-grade silver project in Sonora, Mexico. According to the company, the project's inaugural mineral resource estimate totaled 5.37 million tonnes containing 55.2 million ounces of silver equivalent.</p> <h3 data-section-id="1bh0kk3" data-start="821" data-end="851"><strong>Why did Minaurum hire SGS?</strong></h3> <p data-start="852" data-end="1071">Minaurum announced that it engaged SGS Metallurgy and Consulting Geological Services to prepare an updated mineral resource estimate incorporating new drilling data from multiple vein zones at the Alamos Silver Project.</p> <h3 data-section-id="ocz50w" data-start="1073" data-end="1143"><strong>What is the current mineral resource at the Alamos Silver Project?</strong></h3> <p data-start="1144" data-end="1371">The January 2026 inaugural mineral resource estimate reported 5.37 million tonnes containing 55.2 million ounces of silver equivalent grading 320 g/t silver equivalent. The resource included silver, gold, copper, lead, and zinc.</p> <h3 data-section-id="122lr2a" data-start="1373" data-end="1428"><strong>What metals are found at the Alamos Silver Project?</strong></h3> <p data-start="1429" data-end="1698">According to the company's resource estimate, the project contains silver, gold, copper, lead, and zinc. The resource includes 34.8 million ounces of silver, 35,640 ounces of gold, 51.0 million pounds of copper, 115 million pounds of lead, and 238 million pounds of zinc.</p> <h3 data-section-id="1hlv04h" data-start="1700" data-end="1737"><strong>What is silver equivalent (AgEq)?</strong></h3> <p data-start="1738" data-end="1929">Silver equivalent, or AgEq, is a reporting metric that expresses the combined value of multiple metals as an equivalent amount of silver using specified metal prices and recovery assumptions.</p> <h3 data-section-id="1m7wzrw" data-start="1931" data-end="1978"><strong>Where is the Alamos Silver Project located?</strong></h3> <p data-start="1979" data-end="2034">The Alamos Silver Project is located in Sonora, Mexico.</p> <h3 data-section-id="gmobyw" data-start="2036" data-end="2103"><strong>What drilling program is underway at Minaurum's Alamos project?</strong></h3> <p data-start="2104" data-end="2320">The company said it is conducting a 50,000-meter, six-rig core drilling program focused on expanding mineralization at the Europa, Promontorio, Travesia, Promontorio Sur, Europa Sur, Quintera, and San Jose vein zones.</p> <h3 data-section-id="blrnyx" data-start="2322" data-end="2391"><strong>When will Minaurum release its updated mineral resource estimate?</strong></h3> <p data-start="2392" data-end="2473">The company said the updated mineral resource estimate is expected later in 2026.</p> <h3 data-section-id="173tkpp" data-start="2475" data-end="2537"><strong>What is SGS Metallurgy and Consulting Geological Services?</strong></h3> <p data-start="2538" data-end="2685">SGS is a geological, mining, and metallurgical consulting firm that provides mineral resource estimation and technical services for mining projects.</p> <h3 data-section-id="3kg8s4" data-start="2687" data-end="2745"><strong>Is Minaurum Silver listed on the TSX Venture Exchange?</strong></h3> <p data-start="2746" data-end="2871">Yes. Minaurum Silver trades on the TSX Venture Exchange under the ticker <strong data-start="2819" data-end="2826">MGG</strong> and on the OTCQX under the ticker <strong data-start="2861" data-end="2870">MMRGF</strong>.</p> <h3 data-section-id="1gwjlya" data-start="2873" data-end="2924"><strong>What makes the Alamos Silver Project important?</strong></h3> <p data-start="2925" data-end="3163">According to the company, the updated resource estimate will include new drilling from the Europa, Promontorio, Travesia, Europa Sur, Quintera, and San Jose vein zones, expanding on the inaugural mineral resource announced in January 2026.</p> <p data-start="2925" data-end="3163"><a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a></p> </div> </div> </div> </div> </div> </div> </section> </div> </div><p>Important Disclosures:</p><ol> <li>James Guttman wrote this article for Streetwise Reports LLC and provides services to Streetwise Reports as an employee. </li> <li> This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company. </li> </ol> <p>For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting">here.</a></p> <p><strong>1. Ownership and Share Structure Information</strong></p> <p>The information listed above was updated on the date this article was published and was compiled from information from the company and various other data providers.</p><img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=31931"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=31931" width="0" height="0"> <p>( Companies Mentioned: MGG:TSXV;MMRGF:OTCQX, )</p> Thu, 23 Jul 2026 00:00:00 PST https://www.streetwisereports.com/article/2026/07/23/new-chile-project-targets-high-grade-silver-and-copper.html <p class="articleSource"> <b>Source: <a href="https://www.streetwisereports.com/article/2026/07/23/new-chile-project-targets-high-grade-silver-and-copper.html?utm_medium=feed">Streetwise Reports 07/23/2026</a></b> </p> Grafton Resources Inc. (GFT:CSE; PMSXF:OTC) established the Caldera project in Chile, combining newly staked concessions, the Silver One property, and a historic exploration database.<div class="qMYqUG_convSearchResultHighlightRoot"> <div class="" data-turn-id-container="request-WEB:f9d835c5-7a75-4a09-a3a1-75037f9f54b8-9" data-is-intersecting="true"> <section class="text-token-text-primary w-full focus:outline-none has-data-writing-block:pointer-events-none [&amp;:has([data-writing-block])&gt;*]:pointer-events-auto R6Vx5W_threadScrollVars scroll-mb-[calc(var(--scroll-root-safe-area-inset-bottom,0px)+var(--thread-response-height))] scroll-mt-[calc(var(--header-height)+min(200px,max(70px,20svh)))]" dir="auto" data-turn-id="request-WEB:f9d835c5-7a75-4a09-a3a1-75037f9f54b8-9" data-turn-id-container="request-WEB:f9d835c5-7a75-4a09-a3a1-75037f9f54b8-9" data-testid="conversation-turn-2" data-turn="assistant"> <div class="text-base my-auto mx-auto pb-15 [--thread-content-margin:var(--thread-content-margin-xs,calc(var(--spacing)*4))] @w-sm/main:[--thread-content-margin:var(--thread-content-margin-sm,calc(var(--spacing)*6))] @w-lg/main:[--thread-content-margin:var(--thread-content-margin-lg,calc(var(--spacing)*16))] px-(--thread-content-margin)"> <div class="[--thread-content-max-width:40rem] @w-lg/main:[--thread-content-max-width:48rem] mx-auto max-w-(--thread-content-max-width) flex-1 group/turn-messages focus-visible:outline-hidden relative flex w-full min-w-0 flex-col agent-turn" data-conversation-screenshot-content=""> <div class="flex max-w-full flex-col gap-4 grow"> <div class="min-h-8 text-message relative flex w-full flex-col items-end gap-2 text-start break-words whitespace-normal outline-none keyboard-focused:focus-ring [.text-message+&amp;]:mt-1" dir="auto" tabindex="0" data-message-author-role="assistant" data-message-id="1b4ea2cc-ddea-46ec-8ea7-c7e270549bdb" data-turn-start-message="true" data-message-model-slug="gpt-5-5"> <div class="flex w-full flex-col gap-1 empty:hidden"> <div class="markdown prose dark:prose-invert wrap-break-word w-full dark markdown-new-styling"> <p class="PDq2pG_selectionAnchorContainer" data-start="82" data-end="535"><strong><span class="for_co_card_11471">Grafton Resources Inc. (GFT:CSE; PMSXF:OTC) </span></strong>announced <a href="https://www.stockwatch.com/News/Item/Z-C!GFT-3843403/C/GFT" target="_blank" rel="noopener">the establishment of the Caldera silver-copper-gold-antimony project in Chile's Pedernal district of the Valparaiso region</a>. According to the company, the project consists of multiple concessions targeting favorable geology within the Morro Hediondo Caldera region and brings together newly staked exploration ground, the Silver One concessions, and a historic geological database into a consolidated exploration package.</p> <p data-start="537" data-end="1248">The company said the project includes 10 newly staked exploration concessions totaling 2,100 hectares, covering continuous trends of mineralized vein outcrop and areas exhibiting epithermal alteration. The Caldera project also incorporates the Silver One concessions, which were the subject of a previously announced letter of intent with Asesorias e Inversiones Sol SpA (AIS), together with a historic geological database that informed concession selection. Combined, the land package includes the principal northwest-southeast vein trend, a parallel northeast-southwest trend hosting the Silver One concessions, and surrounding alteration targets approximately 10 kilometers from the producing El Bronce mine.</p> <p data-start="1250" data-end="1685">Project highlights released by the company included 3.8 kilometers of secured vein trends across continuous outcrop that have not been drilled, historical samples grading up to 4.0 grams per tonne gold, 300 grams per tonne silver, and 12.4% copper within epithermal vein systems, along with vein systems previously worked by artisanal miners and zones of epithermal alteration that have not been tested using modern exploration methods.</p> <p data-start="1687" data-end="2071">"By leveraging proprietary in-country expertise, Grafton Resources has secured licenses over highly prospective vein systems that are known to host high-grade mineralization but never subjected to systematic modern exploration," <a href="https://www.stockwatch.com/News/Item/Z-C!GFT-3843403/C/GFT" target="_blank" rel="noopener">Chairman Campbell Smyth said.</a> He added, "Grafton Resources geologists have already started work on these concession areas, and results will follow shortly."</p> <p data-start="2073" data-end="3004">According to the company, the concession selection was based on a historic sampling database obtained through agreements with AIS related to the acquisition of the Silver One concession. The database contains 150 samples from across the district analyzed using ICP multielement methods, gold fire assay, and selected base metals by atomic absorption. Grafton said 92% of the samples returned anomalous copper values greater than 0.1% copper, 24% exceeded 3.0% copper, and the highest value reached 12.4% copper. Twenty-five percent of silver samples exceeded 100 parts per million, while all anomalous silver samples also returned elevated antimony, arsenic, and mercury values. The company noted that the sampling was completed by AIS during 2021, that most results are supported by laboratory certificates, but that the work lacks formal quality assurance and quality control, and should be treated as a historical initial indicator only.</p> <p data-start="3006" data-end="3638">Grafton also announced that it, its wholly owned Chilean subsidiary, and AIS entered into a framework agreement, two definitive option agreements, and a share consideration agreement dated July 21, 2026, replacing the previously announced letter of intent. Under the revised terms, the company received an option to acquire a 100% interest in the Silver One property through cash payments totaling US$248,000, consisting of US$148,000 upon signing and US$100,000 within 24 months, together with share consideration valued at US$400,000 issued in two equal tranches. The option remains subject to Canadian Securities Exchange approval.</p> <h2 class="PDq2pG_selectionAnchorContainer" style="text-align: center;" data-section-id="1k6iol5" data-start="0" data-end="19">Supply Tightness and Market Forces Shape Metals Sector</h2> <p data-start="21" data-end="854">According to a July 18 market update from Couloir Capital, precious and base metals markets had faced pressure from macroeconomic conditions during the week. The firm wrote that "precious metals were lower as stronger Fed rate-hike expectations lifted the U.S. dollar and Treasury yields, raising the opportunity cost of holding non-yielding bullion," while "mixed signals from the U.S.-Iran conflict added to volatility." It also reported that silver prices had fallen 6.5%, noting that the metal's "sizeable industrial exposure also amplified the decline," while copper had edged lower as weaker Chinese growth and domestic demand data raised concerns over consumption from the world's largest metals buyer. Couloir Capital added that softer U.S. inflation data and mine supply disruptions had limited downside pressure for copper.</p> <p data-start="856" data-end="1618"><a href="https://www.mining.com/silver-rebounds-from-8-month-low-gold-price-defends-4000/?utm_source=Rock+Daily+%7C+RCKS+Master+Audience&amp;utm_campaign=cf1b3dd82b-EMAIL_CAMPAIGN_2018_04_10_COPY_01&amp;utm_medium=email&amp;utm_term=0_2d6e7dc0d4-cf1b3dd82b-606677560" target="_blank" rel="noopener">A July 20 report from <em data-start="878" data-end="890">Mining.com</em> stated that silver had rebounded from an eight-month low</a>, with Comex silver futures rising 1.5% to US$56.74 per ounce after touching US$55.50 on the previous trading session. Gold had traded at US$4,005 per ounce while holding above the US$4,000 level. The publication reported that physical demand continued to provide support for silver, citing Reuters' reporting that restrictions on silver imports in India had created shortages in the local market and pushed dealer premiums to US$6.50 per ounce, a six-month high. <em data-start="1411" data-end="1423">Mining.com</em> also cited metals analyst John Gross, who wrote that "for the bull market to survive, both will have to make new highs," while noting that anything short of that represented "just a correction."</p> <p data-start="1620" data-end="2675" data-is-last-node="" data-is-only-node=""><a href="https://www.mining.com/copper-price-nearing-us-record-as-premium-doubles-shanghai-stockpiles-drop-82/?utm_source=Rock+Daily+%7C+RCKS+Master+Audience&amp;utm_campaign=08f8627353-EMAIL_CAMPAIGN_2018_04_10_COPY_01&amp;utm_medium=email&amp;utm_term=0_2d6e7dc0d4-08f8627353-606677560" target="_blank" rel="noopener">According to a July 21 report from <em data-start="1655" data-end="1667">Mining.com</em>, copper prices had climbed to their highest level in more than a month as indicators pointed to tightening physical supply in China and traders reassessed expectations surrounding potential U.S. tariffs on refined copper</a>. Comex copper for September delivery had risen 3.3% to US$6.55 per pound, while three-month copper on the London Metal Exchange had increased to US$13,851 per tonne. The publication reported that China's premium for spot cathode over Shanghai futures had climbed to 435 yuan per tonne, while the Yangshan premium had reached US$103 per tonne, both reflecting tighter availability. Deliverable copper inventories in Shanghai Futures Exchange warehouses had fallen 82% since early May, while London Metal Exchange inventories had declined 28% over the same period. ING commodities strategist Ewa Manthey stated in a note that "Copper is being pulled higher by a tightening Chinese market," adding that "the rally will need continued evidence of physical tightness to extend much further."</p> <h2 class="PDq2pG_selectionAnchorContainer" style="text-align: center;" data-start="33" data-end="386">Upside in Chile Exploration Portfolio </h2> <p class="PDq2pG_selectionAnchorContainer" data-start="33" data-end="386">In commentary following the company's announcement, Michael Ballanger said Grafton Resources was "en route to building a powerful portfolio of projects all in Chile and all secured by the Fitzroy team." He described the Caldera project as "a silver-gold-copper prospect located proximate to an existing operating mine" and said it had "huge potential."</p> <p data-start="388" data-end="648">Ballanger also commented on the company's share structure, noting that it had "only 26m shares issued and outstanding." He wrote that "it will take a smattering of demand to push this stock into the CA$50m range of market cap, which is pretty close to CA$2.00."</p> <p data-start="650" data-end="872" data-is-last-node="" data-is-only-node="">Based on his assessment, Ballanger assigned Grafton Resources a Strong Buy recommendation and stated the stock was "a 'strong buy' at levels up to and including CA$1.00." His published target price was CA$2.00.</p> <h2 class="PDq2pG_selectionAnchorContainer" style="text-align: center;" data-section-id="1lwyoik" data-start="111" data-end="164"><span role="text"><strong data-start="115" data-end="164">Geological Reconnaissance Underway at Caldera</strong></span></h2> <p data-start="166" data-end="457">Grafton Resources said it has begun a geological reconnaissance program across the granted concession areas at the Caldera project. According to the company, the work will include resampling historically mineralized sites and extending sampling coverage across the consolidated project area.[OWNERSHIP_CHART-11471]</p> <p data-start="459" data-end="688" data-is-last-node="" data-is-only-node="">The company also said the program is intended to produce preliminary geological models for each occurrence within the project. Grafton stated that results from the reconnaissance program will be reported as they become available.</p> <h2 style="text-align: center;">Ownership &amp; Share Information¹</h2> <p>Management and insiders own 13.55% of Grafton. The rest is retail. </p> <p>The company's 52-week range is CA$0.22-US$43.98. They have a market cap of CA$10.99 million with 16.23 million free float shares.</p> <h2 style="text-align: center;"><strong>FAQS</strong></h2> <h3 class="PDq2pG_selectionAnchorContainer" data-section-id="1cebzzf" data-start="246" data-end="301"><strong>What is the Grafton Resources Caldera Project?</strong></h3> <p data-start="303" data-end="703">The Grafton Resources Caldera Project is a silver, copper, gold, and antimony exploration project in the Pedernal district of Chile's Valparaiso region. According to the company, the project combines newly staked exploration concessions, the Silver One concessions, and a historic geological database into a consolidated land package covering mineralized vein systems and epithermal alteration targets.</p> <h3 data-section-id="132el0m" data-start="705" data-end="766"><strong>Where is Grafton Resources' Caldera Project located?</strong></h3> <p data-start="768" data-end="1069">The Caldera Project is located in the Pedernal district within Chile's Valparaiso region, on the eastern margin of the Morro Hediondo Caldera. According to the company, the project is approximately 10 kilometers from the producing El Bronce mine and is accessible year-round by paved and gravel roads.</p> <h3 data-section-id="1igh6wr" data-start="1071" data-end="1150"><strong>What metals is Grafton Resources exploring for at the Caldera Project?</strong></h3> <p data-start="1152" data-end="1403">According to Grafton Resources, the Caldera Project targets silver, copper, gold, and antimony mineralization. Historical sampling cited by the company returned values of up to 4.0 g/t gold, 300 g/t silver, and 12.4% copper from epithermal vein systems.</p> <h3 data-section-id="1p6bgrw" data-start="1405" data-end="1465"><strong>How large is the Grafton Resources Caldera Project?</strong></h3> <p data-start="1467" data-end="1717">According to the company, the Caldera Project includes 10 newly staked exploration concessions totaling approximately 2,100 hectares, together with the Silver One concessions and additional exploration targets consolidated into a single project area.</p> <h3 data-section-id="x0bog0" data-start="1719" data-end="1775"><strong>What is the latest news from Grafton Resources?</strong></h3> <p data-start="1777" data-end="2130">Grafton Resources announced the creation of its Caldera silver-copper-gold-antimony project in Chile, entered definitive agreements related to the Silver One property, acquired a historic geological database for the district, and began a geological reconnaissance program that includes resampling, expanded field work, and preliminary geological modeling.</p> <p><a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a></p> </div> </div> </div> </div> </div> </div> </section> </div> </div><p>Important Disclosures:</p><ol> <li>As of the date of this article, officers, contractors, shareholders, and/or employees of Streetwise Reports LLC (including members of their household) own securities of Grafton Resources.</li> <li>James Guttman wrote this article for Streetwise Reports LLC and provides services to Streetwise Reports as an employee. </li> <li> This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company. </li> </ol> <p>For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting">here.</a></p> <p><strong>1. Ownership and Share Structure Information</strong></p> <p>The information listed above was updated on the date this article was published and was compiled from information from the company and various other data providers.</p><img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=31930"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=31930" width="0" height="0"> <p>( Companies Mentioned: GFT:CSE;PMSXF:OTC, )</p> Thu, 23 Jul 2026 00:00:00 PST https://www.streetwisereports.com/article/2026/07/22/nevada-gold-explorer-expands-oxide-zone-at-hercules-project.html <p class="articleSource"> <b>Source: <a href="https://www.streetwisereports.com/article/2026/07/22/nevada-gold-explorer-expands-oxide-zone-at-hercules-project.html?utm_medium=feed">Streetwise Reports 07/23/2026</a></b> </p> StrikePoint Gold advances the Hercules Gold Project in Nevada with new drill results that extend oxide mineralization at the Cliffs target, backed by the first conceptual exploration target for the property.<p><span id="link_copy_209"><a href="https://www.streetwisereports.com/pub/co/209?utm_medium=feed" target="_blank" rel="noopener">StrikePoint Gold Inc. (SKP:TSX.V; STKXF:OTCQB)</a></span> is advancing a sizable gold exploration asset in one of North America's most productive mining districts at a time when gold prices remain sensitive to currency movements and investor sentiment.</p> <p>Gold has recently traded well below its 200-day moving average, creating conditions that some market observers view as oversold and potentially setting the stage for a rebound later in the year.</p> <h2 style="text-align: center;">Why StrikePoint Gold Stands Out in Nevada's Walker Lane</h2> <p>The company controls the Hercules Gold Project, a district-scale land package in Nevada's Walker Lane trend that hosts classic low-sulfidation epithermal geology. The property lies roughly 40 kilometers southeast of Reno and about 20 kilometers east of the historic Comstock mine, giving it proximity to established infrastructure.</p> <p>StrikePoint secured 100 percent ownership of Hercules in August 2024. An independent technical report prepared under NI 43-101 standards and dated June 2 provides the first conceptual exploration target for the property, estimating 39.8 million to 68.7 million tonnes grading 0.46 to 0.61 grams per tonne gold.</p> <p><a href="https://www.streetwisereports.com/article/2026/07/14/junior-gets-first-conceptual-estimate-for-high-grade-nevada-gold-project.html?utm_medium=feed">Last week, StrikePoint announced</a> this milestone, which marks the first attempt by any operator to quantify the possible scale of the mineralized system.</p> <h2 style="text-align: center;">Key Assets and Recent Drill Results at the Cliffs Target</h2> <p>The latest assay results come from the third and final batch of the Spring 2026 drilling campaign, <a href="https://www.stockwatch.com/News/Item/Z-C!SKP-3842894/C/SKP" target="_blank" rel="noopener">according to a July 21 release</a>. Hole H26005 intersected 67.06 meters grading 0.53 g/t gold and 11.69 g/t silver, including a higher-grade interval of 7.62 meters at 2.93 g/t gold and 54.48 g/t silver. Three additional mineralized intervals brought the combined gold-silver mineralization in the hole to more than 100 meters.</p> <p>Other intercepts included 1.52 meters at 3.74 g/t gold in hole H26022 and 7.62 meters at 1.28 g/t gold in hole H26018. The company noted that the mineralization logged in these holes is predominantly oxide, which aligns with its vision for a potential future heap-leach operation.</p> <p>The results continue to expand the southwest portion of the Cliffs target, where earlier holes such as H26004 returned 114.3 meters grading 0.63 g/t gold. Mineralization remains open to the south and at depth.</p> <h2 style="text-align: center;">Industry Timing and Project Catalysts</h2> <p>The Walker Lane trend is known for epithermal gold and silver deposits. Hercules covers approximately 10,400 hectares and contains four primary mineralized areas: Cliffs, Hercules, Northeast, and Loaves. The property also includes the recently acquired Como Claims, which add the historic Como mining district and the high-grade Elgin vein.</p> <p>StrikePoint completed 29 holes in the Spring 2026 program, focusing on shallow oxide gold prospects. The company has not yet drilled the newly acquired ground, leaving additional exploration upside.</p> <h2 style="text-align: center;">Key Investor Takeaways</h2> <ul> <li>The first conceptual exploration target at Hercules outlines a potential scale of 39.8-68.7 million tonnes at 0.46-0.61 g/t gold, though it remains conceptual and not a mineral resource.</li> <li>Recent drilling at the Cliffs target returned broad oxide intercepts, supporting the possibility of future heap-leach development.</li> <li>The project is fully permitted for exploration drilling and benefits from a large land position in Nevada's Walker Lane trend.</li> <li>Insider and institutional ownership, including Eric Sprott, provides alignment with shareholders.</li> <li>Gold market conditions appear oversold on multiple technical measures, which could support higher prices if a catalyst emerges.</li> </ul> <h2 style="text-align: center;">Technical Analyst Views and Market Context</h2> <p>¹<a href="https://www.streetwisereports.com/article/2025/08/11/a-forgotten-gold-project-reawakens-in-the-shadow-of-giants.html?utm_medium=feed" target="_blank" rel="noopener">John Newell of John Newell and Associates reviewed the stock on August 11, 2025</a>, highlighting StrikePoint's acquisition of Hercules at a price well below its prior US$25 million transaction value. Newell noted the project's fully permitted status, oxide gold system, and progress toward a maiden mineral resource estimate, while observing that the market has not yet fully reflected the potential in the share price.</p> <p>Paul Wong of Sprott Inc. stated that gold has become deeply oversold by several technical measures and is likely to establish a cyclical low before September, with long-term support from ongoing currency debasement, <a href="https://www.kitco.com/news/article/2026-07-20/gold-oversold-debasement-trade-still-and-pressure-building-sprotts-paul" target="_blank" rel="noopener">according to a report by Ernest Hoffman for Kitco News on July 20</a>. <a href="https://www.forbes.com/sites/steveforbes/2026/07/21/attention-investors-how-the-iran-war-could-affect-the-price-of-gold/" target="_blank" rel="noopener">Forbes Chairman and Editor-in-Chief Steve Forbes</a> similarly attributed the recent pullback in gold prices primarily to a stronger U.S. dollar and described gold as insurance against financial instability.</p> <h2 style="text-align: center;">Share Structure and Upcoming Events</h2> <p>²Insiders and management hold just over 1 percent of the shares. Mining financier Eric Sprott owns about 5 percent through 2176423 Ontario Ltd., while Pathfinder Asset Management Ltd. holds 4.8 percent. The company has 62.39 million shares outstanding and a market capitalization of CA$11.85 million. The shares trade in a 52-week range of CA$0.08 to CA$0.34. [OWNERSHIP_CHART-209]</p> <p>The company also released an updated technical report for its Cuprite Gold Project in Nevada. <a href="https://strikepointgold.com/strikepoint-gold-files-updated-technical-reports-for-its-hercules-and-cuprite-projects/" target="_blank" rel="noopener">The July 14 announcement said</a> the revised report includes enhanced disclosures to provide a clear summary of the project's technical merits.</p> <p>The report recommends a two-stage exploration program totaling US$3.66 million, beginning with step-out drilling south of the Cliffs target and initial work on the Como Claims. Additional drilling will be required to determine whether the conceptual exploration target can be advanced toward a formal mineral resource estimate.</p> <h2 style="text-align: center;">Common Questions from Investors</h2> <p><strong>What is the significance of the latest drill results?</strong> The intercepts expand the known mineralized footprint at the Cliffs target and confirm continuity of oxide gold-silver mineralization over broad intervals.</p> <p><strong>How large could the Hercules project be?</strong> The independent NI 43-101 report outlines a conceptual exploration target of 39.8-68.7 million tonnes at 0.46-0.61 g/t gold, representing the first estimate of the property's possible scale.</p> <p><strong>Is the exploration target the same as a mineral resource?</strong> No. The report states that insufficient exploration has been completed to define a mineral resource and that further drilling may or may not result in a resource estimate.</p> <p><strong>What is the current market view on gold?</strong> Several analysts note that gold appears oversold on technical measures and could form a low in the near term, with longer-term support from currency debasement trends.</p> <p>Retail investors should weigh the early-stage nature of the project, the need for additional drilling, and prevailing gold market conditions before making any investment decision.</p> <p><a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a></p><p>Important Disclosures:</p><ol> <li>StrikePoint Gold Inc. is a billboard sponsor of Streetwise Reports and pays SWR a monthly sponsorship fee between US$3,000 and US$6,000.</li> <li>As of the date of this article, officers, contractors, shareholders, and/or employees of Streetwise Reports LLC (including members of their household) own securities of StrikePoint Gold Inc.</li> <li>Jordan Nova wrote this article for Streetwise Reports LLC and provides services to Streetwise Reports as an employee.</li> <li>This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company. </li> </ol> <p>For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting">here.</a></p> <p><strong>1. Disclosure for the quote from the John Newell article published on August 11, 2025</strong></p> <ol> <li>For the quoted article (published on August 11, 2025), StrikePoint paid Street Smart, an affiliate of Streetwise Reports, US$2,000.</li> <li>Author Certification and Compensation: [John Newell of John Newell and Associates] was retained and compensated as an independent contractor by Street Smart for writing this article. Mr. Newell holds a Chartered Investment Management (CIM) designation (2015) and a U.S. Portfolio Manager designation (2015). The recommendations and opinions expressed in this content reflect the personal, independent, and objective views of the author regarding any and all of the companies discussed. No part of the compensation received by the author was, is, or will be directly or indirectly tied to the specific recommendations or views expressed.</li> </ol> <p><strong>John Newell Disclaimer</strong></p> <p>As always it is important to note that investing in precious metals like silver carries risks, and market conditions can change violently with shock and awe tactics, that we have seen over the past 20 years. Before making any investment decisions, it's advisable consult with a financial advisor if needed. Also the practice of conducting thorough research and to consider your investment goals and risk tolerance.</p> <p><strong style="font-size: 1rem;">2. Ownership and Share Structure Information</strong></p> <p>The information listed above was updated on the date this article was published and was compiled from information from the company and various other data providers.</p><img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=31929"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=31929" width="0" height="0"> <p>( Companies Mentioned: SKP:TSX.V; STKXF:OTCQB, )</p> SKP:TSX.V; STKXF:OTCQB Thu, 23 Jul 2026 00:00:00 PST