Streetwise Reports - Exclusive Articles

Streetwise Reports - Exclusive Articles https://www.streetwisereports.com/ Investment coverage from Streetwise Reports. copyright 2012, Streetwise, Inc. Tungsten Explorer Confirms New Breccia; Drilling Massive 200m of Mineralization in Portugal https://www.streetwisereports.com/article/2026/04/08/tungsten-explorer-confirms-new-breccia-drilling-massive-200m-of-mineralization-in-portugal.html Source: <a href="https://www.streetwisereports.com/article/2026/04/08/tungsten-explorer-confirms-new-breccia-drilling-massive-200m-of-mineralization-in-portugal.html?utm_medium=feed">Streetwise Reports 04/08/2026</a> Allied Critical Metals Inc. (ACM:CSE; ACMIF:OTCQB; 0VJ0:FSE) announces results from its Borralha Tungsten Project as military demand for the metal tightens.<a href="https://www.streetwisereports.com/pub/co/11251?utm_medium=feed" target="_blank" rel="noopener">Allied Critical Metals Inc. (ACM:CSE; ACMIF:OTCQB; 0VJ0:FSE)</a> announced significant drilling results from its Borralha Tungsten Project in northern Portugal, specifically from the newly confirmed Venise Breccia target, <a href="https://alliedcritical.com/2026/04/07/allied-critical-metals-intersects-over-200-metres-of-breccia-hosted-tungsten-mineralization-at-new-venise-target-expanding-growth-potential-at-the-borralha-project/" target="_blank" rel="noopener">according to an April 7 release</a>. The drilling intersected over 200 meters of breccia-hosted tungsten mineralization, showcasing zones of hydrothermal alteration and quartz-sulfide veining that contain visible wolframite, molybdenite, and chalcopyrite. These findings confirm the continuity of a historically recognized breccia system that had not been systematically explored with modern techniques. Located about 400 meters from the Santa Helena Breccia deposit, which is central to the company's recent Preliminary Economic Assessment (PEA), the Venise Breccia target adds significant near-mine expansion potential. The presence of molybdenite and chalcopyrite alongside tungsten also suggests the possibility of polymetallic mineralization, similar to other systems in the district. "These initial results bode very well for our fully funded drilling campaign at the Borralha Project," Chief Executive Officer Roy Bonnell said. "At the Venise target, we have identified significant mineralization at a second Breccia complex to add to the previously discovered Santa Helena Breccia. We are encouraged by these early results and continue to believe the Borralha Project is a world-class tungsten deposit with the possibility of being a meaningful new supply of tungsten in a world where pricing is above US$3,000 per mtu (metric tonne unit)." The ongoing 20,000-meter drill program at Borralha aims to expand the mineral resource base, extend the mine life, and enhance the project scale. While the Venise Breccia is not yet included in the company's current mineral resource estimate or the PEA mine plan, these promising results support the potential for further exploration and development within this historically rich mining area. The company said it plans to continue leveraging both historical data and modern exploration techniques to explore underexplored breccia-hosted mineralization within the project area. Further drilling and analytical results are needed to confirm the scale and continuity of the mineralization discovered, Allied Critical noted in the release. <h2 style="text-align: center;">Looking Ahead for the Company</h2> The Venise Breccia is not currently part of the company's mineral resource estimate (MRE) or the preliminary economic assessment (PEA) mine plan, Allied Critical said. The PEA, which is still in its preliminary stages, includes inferred mineral resources that are considered too speculative for economic valuation to classify them as mineral reserves, and there is no guarantee that the PEA will come to fruition. The PEA estimates an after-tax net present value (NPV) of CA$473.4 million and an internal rate of return (IRR) of 48.8% based on a tungsten price of CA$1,365 per metric ton unit WO3, with an expected payback period of about 2.2 years from the commencement of commercial production. The project's development plans involve constructing an underground mine, a processing plant, and the necessary supporting infrastructure, with total life-of-mine capital expenditures projected at US$178 million. In January 2026, the project achieved a significant milestone by receiving an Environmental Impact Declaration, setting the stage for detailed engineering and development aimed at beginning construction and production around 2027. Furthermore, a 20,000-meter drilling program is currently underway, which could potentially extend the initial 11-year production plan. Beyond the Borralha project, Allied is also advancing the Vila Verde Tungsten-Tin Project, expecting to build a pilot plant in 2026 designed to process approximately 150,000 tonnes per year, which would yield about 250 tonnes of WO3 annually. The company has signed a letter of intent with Global Tungsten and Powders in Pennsylvania for the sale of tungsten concentrate and is currently in discussions with other refineries. Thibaut Lepouttre of Ceasar's Report told Streetwise Reports, "While the project has been around for a while, but never gained momentum when the tungsten price was US$300-375 per mtu, the current renewed interest and sky-high tungsten price make Borralha's economics very attractive." He noted that the company's base case scenario used a price of CA$1,000/mtu, yielding an after-tax NPV8% of CA$475M, which could nearly double to CA$1B at $1,500/mtu, highlighting Borralha as one of Europe's prime options for boosting domestic tungsten production. Following a strategic transformation through a reverse takeover of Deeprock Minerals in April 2025, Allied Critical Metals now operates solely in the tungsten sector, with operations in Portugal. This shift has allowed the company to fully focus its resources on tungsten projects. After receiving the necessary environmental permit in January 2026, Allied launched an ambitious 20,000-meter drilling program at Borralha to deepen the geological understanding and confirm the deposit's resource potential. <h2 style="text-align: center;">The Catalyst: World at War Is Short of 'War Metal'</h2> Global manufacturers are currently grappling with a severe shortage of tungsten, a critical metal for defense and electronics, due to Chinese export restrictions and increased military demands. This shortage has pushed tungsten prices to unprecedented levels, with the price more than doubling this year to US$2,250 per metric ton unit, marking a 557% increase since China's export controls began in February of the previous year amid a trade dispute with the U.S., <a href="https://www.bitget.com/news/detail/12560605268833" target="_blank" rel="noopener">as reported by 101 Finance for Bitget on March 16</a>. The ongoing conflict in the Middle East has intensified the demand for military materials, further accelerating the depletion of reserves and price increases. George Heppel, vice president of commodity research at BMO Capital Markets, expressed that he has never seen a market as constrained as tungsten, comparing it to the lithium market in 2021. He noted a significant gap in the development of new tungsten projects compared to other metals like lithium. Since China became the leading global supplier of tungsten, its tightened export regulations have compelled manufacturers worldwide to seek alternative sources. Project Blue noted a 40% reduction in Chinese exports of restricted tungsten products last year. This reduction has prompted Western governments to reduce their dependence on Chinese minerals, which has become a critical point in ongoing trade and technology disputes. Lewis Black, CEO of Almonty Industries Inc., mentioned that his company is reactivating a dormant mine in South Korea and planning the first U.S. tungsten mine in a decade. He revealed that U.S. officials have inquired about immediate supply needs, with nearly half of the South Korean output intended for munitions use in Pennsylvania. The U.S. has not mined tungsten commercially since 2015, increasing its reliance on Chinese imports. David Argyle from Arlington Innovation Partners described last year's export restrictions as a geopolitical strategy and suggested that expanding mining in countries like Spain, Brazil, Australia, and the U.S. could alleviate some pressure. However, he estimated it would take around two years for new Western production to impact the market. Efforts to diversify tungsten supplies in the West are progressing, with exploration activities in Kazakhstan and potential mining operations in Nevada, <a href="https://nai500.com/blog/2026/03/tungsten-prices-continue-to-run-as-middle-east-war-draining-supply/d" target="_blank" rel="noopener">as reported by Caroline Kong for NAI500 on March 26</a>. [OWNERSHIP_CHART-11251] However, these new sources are not anticipated to quickly stabilize production, with expectations of a two-year adjustment period before they can significantly influence the market. The recent surge in tungsten prices reflects a shift in the valuation of strategic metals, driven by geopolitical tensions, adjustments in the supply chain, and increased military demands. This has introduced a new pricing dynamic where tungsten now carries a strategic premium, underscoring its vital role in national security and technology sectors. Investors are encouraged to focus on tungsten production capacities outside of China and the expanding recycling sector, which are emerging as significant opportunities amid the revaluation of strategic metals. <a href="https://www.juniorminingnetwork.com/mining-stocks/tungsten-mining-stocks.html" target="_blank" rel="noopener">According to Junior Mining Network</a>, the top five tungsten companies by market capitalization currently include Almonty Industries, United States Antimony, Fireweed Metals, Allied Critical Metals, and American Tungsten. <h2 style="text-align: center;">Ownership and Share Structure1</h2> Insiders own approximately 31% of Allied. About 16% is held by institutions and institutional investors, and the rest is held by retail shareholders. The company has 170.41 million common shares issued and outstanding. Its market cap is CA$316.97 million. Its 52-week range is CA$0.20–CA$2.05 per share. <a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a>Important Disclosures:<ol> <li>Allied Critical Metals Inc. has a consulting relationship with Street Smart an affiliate of Streetwise Reports. Street Smart Clients pay a monthly consulting fee between US$8,000 and US$20,000.</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.</li> <li>Steve Sobek 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> For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting">here.</a> 1. Ownership and Share Structure Information 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.<img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=30919"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=30919" width="0" height="0"> ( Companies Mentioned: ACM:CSE; ACMIF:OTCQB; 0VJ0:FSE, ) Wed, 08 Apr 2026 00:00:00 PST Third Drill Rig Targets Undrilled Porphyry Zones as District-Scale Copper System Expands https://www.streetwisereports.com/article/2026/04/08/third-drill-rig-targets-undrilled-porphyry-zones-as-district-scale-copper-system-expands.html Source: <a href="https://www.streetwisereports.com/article/2026/04/08/third-drill-rig-targets-undrilled-porphyry-zones-as-district-scale-copper-system-expands.html?utm_medium=feed">Streetwise Reports 04/08/2026</a> Copper Giant Resources Corp. (CGNT:TSXV; LBCMF:OTCQB) mobilized a third drill rig at its Mocoa project to test new targets beyond the current resource footprint.Copper Giant Resources Corp. (CGNT:TSXV; LBCMF:OTCQB) reported <a href="https://www.coppergiant.co/news/23379" target="_blank" rel="noopener">the mobilization of a third diamond drill rig as part of its 2026 exploration program at the Mocoa copper–molybdenum porphyry project in Colombia.</a> The company stated that Mocoa is a Jurassic-age porphyry Cu-Mo deposit, where drilling has delineated continuous copper and molybdenum mineralization from surface to depths exceeding 1,100 vertical meters. According to the company, the third drill rig will be used to test undrilled porphyry targets beyond the current Mineral Resource Estimate footprint, specifically at La Estrella and Piedralisa, while two rigs continue operating at full capacity on resource expansion and conversion drilling. Mobilization of the third rig is expected to begin in the coming weeks. The company indicated that this marks a transition from resource definition drilling to systematic testing of new porphyry centers across the broader land package. The targets at La Estrella and Piedralisa are described as two of nine priority targets identified across a district shaped by approximately ten million years of magmatic activity. "The addition of a third drill rig reflects the confidence we are building in the broader Mocoa system. Targets like La Estrella and Piedralisa are supported by strong geological, geochemical, and geophysical signatures but have never been drilled. This phase is about testing that potential directly, while our two existing rigs continue expanding and upgrading the current resource. Together, this positions us to advance Mocoa as both a large deposit and a broader district-scale system," <a href="https://www.coppergiant.co/news/23379" target="_blank" rel="noopener">said Edwin Naranjo Sierra, Vice-President of Exploration, in a company news release.</a> The company stated that recent drilling, including hole MD-056 along the southern edge of the current resource footprint, intersected porphyry mineralization associated with a microdiorite intrusive phase and showed improving grades at depth. These results supported a geological interpretation that the system remains open and may strengthen toward the south, providing a vector toward the La Estrella target. At La Estrella, the company reported that surface work has identified a Cu–Mo geochemical anomaly, with soil values up to 558 ppm Cu and 264 ppm Mo, and rock samples returning up to 1,105 ppm Cu and 98.4 ppm Mo. The anomaly is associated with alteration and mineralized veinlets consistent with porphyry systems. At Piedralisa, located approximately 3 kilometers southeast of the Mocoa deposit, rock samples returned up to 1,280 ppm Cu and 89.8 ppm Mo, with mineralization hosted in altered volcanic and intrusive rocks. Copper Giant also announced that it has entered into a services agreement with Rose & Company Holdings, LLC for investor relations services, effective April 8, 2026, subject to TSX Venture Exchange approval. Under the agreement, the company will pay a quarterly retainer of US$50,000, increasing by 5% after the first year, with an initial term of 12 months. The company stated that the agreement may automatically renew unless terminated, and that Rose & Company and its principals will not receive equity compensation and do not hold any securities in the company. <h2 style="text-align: center;">Examining Copper Markets and Macro Pressures</h2> <a href="https://www.bloomberg.com/news/articles/2026-04-07/goldman-warns-on-copper-as-iran-war-threatens-global-economy" target="_blank" rel="noopener">According to an April 7 Bloomberg report, Goldman Sachs Group Inc. warned that copper prices had been under pressure amid broader macroeconomic uncertainty tied to geopolitical developments.</a> The report stated that "most base metals have come under growing pressure in the past month, as soaring oil and gas prices threaten to stifle economic growth and erode demand for industrial commodities." Analysts noted that "the copper price is not being supported at the current level by fundamentals, making it vulnerable to another move lower should the economic outlook deteriorate and investors de-risk." <a href="https://www.investing.com/news/commodities-news/goldman-cuts-copper-forecast-on-soft-demand-warns-of-potential-price-declines-4599698" target="_blank" rel="noopener">Investing.com reported on April 7 that Goldman Sachs had revised its outlook for copper, citing softer demand expectations and macroeconomic factors. </a>The publication wrote that the bank had trimmed its 2026 copper price forecast to an average of US$12,650 per tonne from US$12,850 previously, while increasing its estimate for a global copper market surplus to 490,000 tonnes. Analysts stated that "this is a smaller demand revision than aluminum because of the increasingly strategic and structural nature of copper demand, making it less sensitive to global economic cycles." The report also noted that copper prices remained "vulnerable to another move lower should the economic outlook deteriorate and investors de-risk." <a href="https://nationaltoday.com/us/wa/seattle/news/2026/04/08/copper-prices-face-downside-risk-amid-middle-east-conflict/" target="_blank" rel="noopener">An April 8 article from Seattle Today also cited Goldman Sachs analysts, who stated that copper prices could face further downside pressure if geopolitical tensions disrupted global supply chains</a>. The publication noted that "the ongoing geopolitical tensions in the Middle East could lead to further declines in copper prices," with particular concern around potential disruptions through the Strait of Hormuz. <h2 style="text-align: center;">Analyst Ratings and Recommendations </h2> According to FactSet, on March 16, 2026, Research Capital Corp. Analyst Stewart McDougall gave the company a Buy rating with a target price of CA$1.75. On the same day, FactSet reported that Red Cloud Securities analyst Taylor Combaluzier also gave the company a Buy rating with a target price of CA$1.40. <h2 style="text-align: center;" data-start="3192" data-end="3250">2026 Exploration and Development Activities</h2> <a href="https://www.coppergiant.co/documents/CGNT-Corporate-Presentation-APR-2026.pdf" target="_blank" rel="noopener">According to the April 2026 investor presentation</a>, the company outlined a 2026 exploration plan that includes approximately 23,000 meters of drilling, representing an increase of more than 80% compared to the 2025 drilling campaign. The program includes continued expansion drilling and drill testing of additional targets surrounding the Mocoa porphyry system to evaluate district-scale growth potential. The company also stated that the system currently measures approximately 1.9 kilometers by 1.5 kilometers by 1.0 kilometers and remains open in all directions. The plan includes a targeted resource conversion rate of 30% to 50% through directional drilling. In parallel, the company indicated that it is advancing ongoing derisking activities, including expanded baseline work, a second stage of metallurgical testing, and initial geotechnical and hydrological studies. [OWNERSHIP_CHART-9583] The investor presentation also stated that the 2026 program is fully funded, with a reported cash position of C$23 million and a stated runway through 2026. Planned milestones include expansion drilling, drill testing of additional targets, and advancement toward a preliminary economic assessment. <h2 style="text-align: center;">Ownership and Share Structure1</h2> 10.74% of Copper Giant is owned by management and insiders with Frank Giustra holding the most with 9.4%. The rest is retail. Copper Giant has 206.88 million shares outstanding, a market cap of CA$96.09 million, and a 52-week range of CA$0.15 - CA$0.79. <a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a>Important Disclosures:<ol> <li>James Guttman wrote this article for Streetwise Reports LLC and provides services to Streetwise Reports as an employee. </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 Copper Giant.</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> For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting" target="_blank" rel="noopener">here.</a> 1. Ownership and Share Structure Information 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. <img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=30918"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=30918" width="0" height="0"> ( Companies Mentioned: CGNT:TSXV; LBCMF:OTCQB, ) Wed, 08 Apr 2026 00:00:00 PST Lucky Strike Zone Poised to Exceed Sullivan, Water Rights Secured https://www.streetwisereports.com/article/2026/04/08/lucky-strike-zone-poised-to-exceed-sullivan-water-rights-secured.html Source: <a href="https://www.streetwisereports.com/article/2026/04/08/lucky-strike-zone-poised-to-exceed-sullivan-water-rights-secured.html?utm_medium=feed">Couloir Capital 04/08/2026</a> P2 Gold Inc. (PGLD:TSXV) is expanding Lucky Strike drilling results and a key water rights acquisition that de-risks the Gabbs Project ahead of Q4-2026 feasibility, noted a Couloir Capital report.<div data-test-render-count="1"> <div class="group"> <div class="contents"> <div class="group relative relative pb-3" data-is-streaming="false"> <div class="font-claude-response relative leading-[1.65rem] [&_pre>div]:bg-bg-000/50 [&_pre>div]:border-0.5 [&_pre>div]:border-border-400 [&_.ignore-pre-bg>div]:bg-transparent [&_.standard-markdown_:is(p,blockquote,h1,h2,h3,h4,h5,h6)]:pl-2 [&_.standard-markdown_:is(p,blockquote,ul,ol,h1,h2,h3,h4,h5,h6)]:pr-8 [&_.progressive-markdown_:is(p,blockquote,h1,h2,h3,h4,h5,h6)]:pl-2 [&_.progressive-markdown_:is(p,blockquote,ul,ol,h1,h2,h3,h4,h5,h6)]:pr-8"> <div> <div class="standard-markdown grid-cols-1 grid [&_>_*]:min-w-0 gap-3 standard-markdown"> <div data-test-render-count="1"> <div class="group"> <div class="contents"> <div class="group relative relative pb-3" data-is-streaming="false"> <div class="font-claude-response relative leading-[1.65rem] [&_pre>div]:bg-bg-000/50 [&_pre>div]:border-0.5 [&_pre>div]:border-border-400 [&_.ignore-pre-bg>div]:bg-transparent [&_.standard-markdown_:is(p,blockquote,h1,h2,h3,h4,h5,h6)]:pl-2 [&_.standard-markdown_:is(p,blockquote,ul,ol,h1,h2,h3,h4,h5,h6)]:pr-8 [&_.progressive-markdown_:is(p,blockquote,h1,h2,h3,h4,h5,h6)]:pl-2 [&_.progressive-markdown_:is(p,blockquote,ul,ol,h1,h2,h3,h4,h5,h6)]:pr-8"> <div> <div class="standard-markdown grid-cols-1 grid [&_>_*]:min-w-0 gap-3 standard-markdown"> In an April 6, 2026, equity research update, the Couloir Capital Research Team reiterated a BUY rating on P2 Gold Inc. (PGLD:TSXV) with an unchanged fair value estimate of CA$0.93 per share, representing approximately 31% upside from the then-current price of CA$0.71. The rating is supported by expanding drilling results at the Lucky Strike Zone, the securing of water rights as a critical de-risking milestone, and validation of the Sullivan Zone mineral resource ahead of a planned Q4-2026 feasibility study. <h2 class="font-claude-response-body break-words whitespace-normal leading-[1.7]" style="text-align: center;">Recent Developments</h2> On January 5, 2026, P2 Gold made a scheduled interest payment on its outstanding convertible debenture through share issuance, consistent with prior practice. On March 25, 2026, the company announced the settlement of CA$503,357 in insider shareholder working-capital loans through the issuance of 671,143 shares at a deemed price of CA$0.75 per share — a premium to the prevailing market price at the time — which the report characterizes as signaling insider conviction on intrinsic value. <h2 class="font-claude-response-body break-words whitespace-normal leading-[1.7]" style="text-align: center;">Lucky Strike Zone</h2> Drilling at the Lucky Strike Zone at the Gabbs Project in Nevada continues to be the primary upside driver in the investment case. A total of 33 holes have confirmed ore controls identical to those at the Sullivan Zone, with mineralization hosted within and beneath a tabular quartz monzonite unit underlain by pyroxenite. Higher-grade gold and copper are concentrated in the core of the system and along subvertical structures, with grades transitioning from gold-dominant near surface to copper-gold in the footwall. The combined mineralized package reaches up to approximately 125 meters in thickness. Headline intercepts reported in the update include Hole GBR-089 returning 0.71 g/t Au and 0.31% Cu over 54.86 meters, including 1.28 g/t Au and 0.43% Cu over 22.86 meters, and Hole GBR-088 returning 0.65 g/t Au and 0.32% Cu over 68.58 meters, including 1.22 g/t Au and 0.64% Cu over 18.29 meters. Additional notable intercepts include GBR-081 at 0.53 g/t Au and 0.26% Cu over 67.06 meters and GBR-079 at 0.47 g/t Au and 0.23% Cu over 60.96 meters. Critically, the current 33-hole program covers only the western half of the zone — a footprint of approximately 700 meters by 500 meters, comparable in size to the entire Sullivan Zone. The eastern half and all down-dip extensions remain untested. Couloir notes that management has explicitly stated Lucky Strike "has the potential to significantly exceed Sullivan in scale," and the report states that based on structural and grade data to date, the analysts view that assessment as well supported. <h2 class="font-claude-response-body break-words whitespace-normal leading-[1.7]" style="text-align: center;">Water Rights Acquisition</h2> On March 25, 2026, P2 Gold announced a definitive agreement to acquire 2,500 acre-feet per year (ac-ft/yr) of water rights in the Gabbs Basin, Nevada, for a total consideration of US$10.625 million, or US$4,250 per ac-ft/yr. The payment structure is heavily deferred, with only US$100,000 due on execution and the US$10.525 million balance payable within 30 days of Nevada Division of Water Resources (NDWR) approval of the transfer, which is expected within six to twelve months. The 2,500 ac-ft/yr acquired exceeds the process facility's estimated requirement of approximately 1,500 ac-ft/yr at 9 Mtpa throughput, providing roughly 67% excess capacity that management attributes to project expansion optionality. Couloir characterizes water rights in Nevada as adjudicated property rights and one of the most binding long-term constraints for any open-pit mining project in the state, calling the acquisition a critical de-risking milestone that strengthens P2's position relative to comparable Nevada-stage peers. <h2 class="font-claude-response-body break-words whitespace-normal leading-[1.7]" style="text-align: center;">Sullivan Zone Drilling</h2> The 24-hole, approximately 4,120-meter Sullivan infill and expansion program has been completed, with results consistently validating the mineral resource model underpinning the 2025 Preliminary Economic Assessment (PEA) mine plan. The Sullivan Zone demonstrates a thick, laterally continuous gold-copper system reaching up to approximately 175 meters in combined thickness, and remains open to the east and down-dip to the southwest. Headline results include Hole GBR-066 at 0.69 g/t Au and 0.31% Cu over 76.2 meters and Hole GBR-069 at 0.55 g/t Au and 0.34% Cu over 60.96 meters. P2 intends to return the RC drill to Sullivan following completion of the Lucky Strike program to further test down-dip extensions. <h2 class="font-claude-response-body break-words whitespace-normal leading-[1.7]" style="text-align: center;">Capital Structure</h2> P2 Gold has 262.1 million shares outstanding, with 16.0% held by insiders and management, 7.8% held by institutions (primarily VC/PE firms), and 76.1% held by the general public. Outstanding warrants total 64.27 million at a weighted average exercise price of CA$0.26, with the majority expiring between September 2026 and September 2027. All warrants are currently in the money. An additional 7.83 million options are outstanding with exercise prices ranging from CA$0.06 to CA$0.54. If all in-the-money options and warrants were exercised, fully diluted shares would total approximately 306.6 million and would replenish the treasury by approximately CA$16.4 million. <h2 class="font-claude-response-body break-words whitespace-normal leading-[1.7]" style="text-align: center;">Financial Position</h2> As of December 31, 2025, P2 Gold held CA$9.9 million in cash and CA$2.25 million in working capital, compared to a cash position of CA$539,945 and a working capital deficit of CA$2.1 million at year-end 2024. Total assets grew to CA$11.1 million from CA$685,097 over the same period. The company reported a net loss of CA$10.1 million for fiscal 2025, or CA$0.06 per share, compared to net income of CA$4.0 million in 2024. <h2 class="font-claude-response-body break-words whitespace-normal leading-[1.7]" style="text-align: center;">Valuation</h2> Couloir's valuation is based on an EV/AuEq peer comparison using a group of Nevada-focused gold exploration companies with published resources but not yet in production. Using metal prices of US$4,500/oz for gold, US$70/oz for silver, and US$12,000/t for copper to calculate contained AuEq ounces, P2 Gold ranks as the second-largest resource holder in the peer group with approximately 3.1 million AuEq ounces, of which roughly one-third is in the measured and indicated category and two-thirds in the inferred category. P2 Gold's current EV/AuEq ratio of approximately 59.09x is approximately 14% below the trimmed peer group average of 67.42x (calculated by excluding the two highest and two lowest outliers). Applying the full peer group average EV/AuEq multiple of 91.19x to P2 Gold's 3,111 koz resource base, and adjusting for CA$10.3 million in cash and CA$8.0 million in debt, yields an implied equity value of CA$286.0 million. On a fully diluted basis of 306.6 million shares, this produces a fair value of approximately CA$0.93 per share. <h2 class="font-claude-response-body break-words whitespace-normal leading-[1.7]" style="text-align: center;">Catalysts and Outlook</h2> Couloir identifies several factors expected to support the share price over the next 12 months. Enhancements to the PEA are anticipated through a revised mine plan incorporating alternative overburden removal methods, contract mining, and a two-stage development strategy — heap leach first, followed by the mill and SART plant — which the report says could meaningfully increase revenue, front-load cash flows, and reduce initial capital expenditures. The company's management team brings relevant experience from Pretium Resources, where they previously advanced a project from exploration to production. Additional drilling at Gabbs is seen as capable of potentially expanding the resource beyond 5 million AuEq ounces while upgrading a portion into higher-confidence categories. The company remains on track for a mid-2026 resource update and a Q4-2026 feasibility study. <h2 class="font-claude-response-body break-words whitespace-normal leading-[1.7]" style="text-align: center;">Risks</h2> Key risks identified by Couloir include exploration risk (further drilling may return results less favorable than anticipated), production risk (actual production rates, grades, and capital costs may differ from PEA estimates), commodity price risk (the company is described as highly leveraged to the gold price, which may decline in the short to medium term), broader market risk (including sensitivity to Federal Reserve policy and macroeconomic conditions), and dilution risk (the company may need to issue additional shares to fund expenditures if non-dilutive options are unavailable). <a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a> </div> </div> </div> </div> </div> </div> </div> </div> </div> </div> </div> </div> </div> </div>Important Disclosures:<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> </ol> For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting">here.</a> Disclosures for Couloir Capital, P2 Gold Inc., April 6, 2026 This report has been prepared by an analyst on contract with or employed by Couloir Capital Ltd. The analyst certifies that the views expressed in this report, which include the rating assigned to the issuer’s shares as well as the analytical substance and tone of the report, accurately reflect his or her personal views about the subject securities and the issuer. No part of his / her compensation was, is, or will be directly or indirectly related to the specific recommendations. Couloir Capital, its affiliates, and their respective officers, directors, representatives, researchers, and members of their families may hold positions in the companies mentioned in this document and may buy and/or sell their securities. Additionally, Couloir Capital may have provided, in the past and may provide, in the future, certain advisory or corporate finance services and receive financial and other incentives from issuers as consideration for the provision of such services. Couloir Capital has prepared this document for general information purposes only. This document should not be considered a solicitation to purchase or sell securities or a recommendation to buy or sell securities. The information provided has been derived from sources believed to be accurate but cannot be guaranteed. This document does not consider the particular investment objectives, financial situations, or needs of individual recipients and other issues (e.g., prohibitions to investments due to law, jurisdiction issues, etc.) that may exist for certain persons. Recipients should rely on their own investigations and take their own professional advice before making an investment. Couloir Capital will not treat recipients of this document as clients by virtue of having viewed this document. Company-specific disclosures, if any, are below: 1 In the last 24 months, Couloir Capital Ltd. has been retained by the subject issuer under a service agreement that includes analyst research coverage only. 2 The issuer has no control over the content of this report. 3 The views of the Analyst are personal. 4 No part of the Analyst’s compensation was directly or indirectly related to the specific ratings as used by the research Analyst in the Reports. 5 The Analyst does not maintain a financial interest in the securities or options of the Company. 6 The principal of Couloir Capital does not maintain a financial interest in the securities or options of the Company through an affiliated fund entity. 7 The information contained in the Reports is based upon publicly available information that the Analyst believes to be correct but has not independently verified with respect to truth or correctness. Investment Ratings—Recommendations Each company within an analyst’s universe, or group of companies covered, is assigned: 1 A recommendation or rating, usually BUY, HOLD, or SELL; 2 A 12-month target price, which represents an analyst’s current assessment of a company’s potential stock price over the next year; and 3 An overall risk rating which represents an analyst’s assessment of the company’s overall investment risk. These ratings are more fully explained below. Before acting on a recommendation, we caution you to confer with your investment advisor to determine the suitability of our recommendation for your specific investment objectives, risk tolerance, and investment time horizon. Couloir Capital’s recommendation categories include the following: Buy The analyst believes that the security will outperform other companies in their sector on a risk-adjusted basis or for the reasons stated in the research report the analyst believes that the security is deserving of a (continued) BUY rating. Hold The analyst believes that the security is expected to perform in line with other companies in their sector on a risk-adjusted basis or for the reasons stated in the research report the analyst believes that the security is deserving of a (continued) HOLD rating. Sell Investors are advised to sell the security or hold alternative securities within the sector. Stocks in this category are expected to under-perform other companies on a risk-adjusted basis or for the reasons stated in the research report the analyst believes that the security is deserving of a (continued) SELL rating. Tender The analyst is recommending that investors tender to a specific offering for the company’s stock. Research Comment An analyst comment about an issuer event that does not include a rating. Coverage Dropped Couloir Capital will no longer cover the issuer. Couloir Capital will provide notice to clients whenever coverage of an issuer is discontinued. Following termination of coverage, we recommend clients seek advice from their respective Investment Advisor. Under Review Placing a stock Under Review does not revise the current rating or recommendation of the analyst. A stock will be placed Under Review when the relevant company has a significant material event with further information pending or to be announced. An analyst will place a stock Under Review while he/she awaits enough information to re-evaluate the company’s financial situation. The above ratings are determined by the analyst at the time of publication. On occasion, total returns may fall outside of the ranges due to market price movements and/or short-term volatility. Overall risk ratings Very High Risk: Venture-type companies or more established micro, small, mid or large-cap companies whose risk profile parameters and/or lack of liquidity warrant such a designation. These companies are only appropriate for investors who have a very high tolerance for risk and volatility and who can incur a temporary or permanent loss of a very significant portion of their investment capital. High Risk: Typically, micro or small-cap companies which have an above-average investment risk relative to more established or mid to large-cap companies. These companies will generally not form part of the broad senior stock market indices and often will have less liquidity than more established mid and large-cap companies. These companies are only appropriate for investors who have a high tolerance for risk and volatility and who can incur a temporary or permanent loss of a significant portion of their investment capital. Medium-High Risk: Typically, mid to large-cap companies have a medium to high investment risk. These companies will often form part of the broader senior stock market indices or sector-specific indices. These companies are only appropriate for investors who have a medium to high tolerance for risk and volatility and who are prepared to accept general stock market risk including the risk of a temporary or permanent loss of some of their investment capital Moderate Risk: Large to very large cap companies with established earnings who have a track record of lower volatility when compared against the broad senior stock market indices. These companies are only appropriate for investors who have a medium tolerance for risk and volatility and who are prepared to accept general stock market risk including the risk of a temporary or permanent loss of some of their investment capital. Vancouver 604 609 6190 • Toronto 416 460 2960 • admin@couloircapital.com We employ a fundamental-based analysis with the goal of discovering a company’s fair value in the context of Macro factors facing each company. In doing so we generate actionable ideas in underfollowed companies where a small number of market participants can rapidly close the gap between price and fair value. Our research reports are disseminated through Bloomberg, S&P Capital IQ, Thomson Reuters, FactSet, and large email lists. RESEARCH DRIVEN COULOIR CAPITAL SUBSCRIBE TO RESEARCH is a research-driven investment dealer focused on emerging companies in the natural resources sector Vancouver 604 609 6190 • Toronto 416 460 2960 • admin@couloircapital.com <img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=30917"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=30917" width="0" height="0"> ( Companies Mentioned: PGLD:TSXV, ) Wed, 08 Apr 2026 00:00:00 PST Canadian Biotech Co. Appoints Elite Regulatory Expert for Chile Expansion https://www.streetwisereports.com/article/2026/04/08/canadian-biotech-co-appoints-elite-regulatory-expert-for-chile-expansion.html Source: <a href="https://www.streetwisereports.com/article/2026/04/08/canadian-biotech-co-appoints-elite-regulatory-expert-for-chile-expansion.html?utm_medium=feed">Streetwise Reports 04/08/2026</a> MindBio Therapeutics Corp. (MBIO:CSE; MBQIF:OTCQB; WF6:Frankfurt) appoints Chilean policy leader Felipe Leyton for the mining rollout of its AI impairment detection tech.<a href="https://www.streetwisereports.com/pub/co/11539?utm_medium=feed" target="_blank" rel="noopener">MindBio Therapeutics Corp. (MBIO:CSE; MBQIF:OTCQB; WF6:Frankfurt)</a><a href="https://www.streetwisereports.com/pub/co/11539?utm_medium=feed" target="_blank" rel="noopener"> </a>announced the appointment of Chilean drug policy specialist Felipe Leyton as head of commercialization in its South American mining industry market. On February 24, 2026, <a href="https://www.otcmarkets.com/stock/MBQIF/news/MindBio-Appoints-National-Drug-Policy--Mining-Industry-Expert-to-Lead-South-American-Mining-Industry-Commercialisation?id=511640" target="_blank" rel="noopener">OTC Markets called this move</a> a ". . . significant inflection point as MindBio transitions from advanced development to commercial field deployment. Felipe Leyton has served as the head of Chile's National Alcohol Prevention Unit, as well as the head of other national prevention programs. He was the lead of technical operation and implementation of Chile's Zero Tolerance alcohol law and contributed to the creation of Chile's national roadside drug testing program in 2019. Working with MindBio won't be Leyton's first foray into the mining industry, as he is currently a partner at TC Consulting. There, his job is to advise Chilean mining operators and governments on drug and alcohol prevention strategies, regulatory compliance, workplace health promotion, and industrial safety culture transformation. In his role with MindBio, Leyton is anticipated to develop and finalize mining-specific testing protocols with the company, refine the AI prediction models, help strengthen the kiosk's ability to detect abuse of multiple illicit substances, develop licensing frameworks with working mines, and oversee deployment into said mines. Justin Hanka, CEO of MindBio, said of Leyton's employment, "Mr. Leyton brings exceptional credibility, regulatory authority, and direct access to the mining industry. He helped design and implement Chile's Zero Tolerance alcohol framework at a national level, and he now leads the commercialization in a world-first AI voice-based impairment detection platform for mining. This marks a transition from technology development to structured commercial deployment. We believe this positions MindBio at the forefront of next-generation industrial safety solutions and Voice initiated health diagnostic technologies." <h2 style="text-align: center;">The Company's Development</h2> MindBio Therapeutics is a Canadian biotech company levering AI technology to detect impairment from drugs or alcohol through voice analysis. The company is developing software that could help reduce intoxication-related accidents in both corporate and personal settings. Its proprietary technology analyzes over 140 vocal markers, sifting through parameters like spectral entropy, jitter, and shimmer, and speech rate variability. <a href="https://mindbiotherapeutics.com/Consumer" target="_blank" rel="noopener">The company hopes</a> to help create ". . . a world where voice-based biomarkers are a standard component of healthcare — enabling continuous, passive health monitoring that catches problems early and improves outcomes for everyone, everywhere." MindBio's personal-use app, Booze AI, is described as "<a href="https://mindbiotherapeutics.com/Consumer" target="_blank" rel="noopener">the world's first voice-activated AI-powered blood alcohol test</a>" and is deployed via smartphone. The app is now live and available to the public. The company aims to promote social responsibility, personal awareness, and harm prevention among individual users. In a move toward corporate usage, MindBio has focused its attention on commercial applications and is currently building Edge-AI kiosks to implement non-invasive intoxication screenings at large mining sites. In a conversation with Streetwise Reports, MindBio CEO, Justin Hanka, discussed the expense of screening mining employees for intoxication: "In Chile, there are about 220,000 mining workers going on and off site every day. If you had to test 10% of them every day — that's 20,000 workers. If you were charged just US$1 for every test, that's US$20,000 a day, seven days a week . . . and that's just one part of the world, and two mining sites." MindBio aims to provide the benefits of screening in zero-tolerance industries without the usual pitfalls of being invasive, time-consuming, and seemingly targeting. "The core reason why a company wants to do this is that 25% of incidents are caused by alcohol and drug intoxication, directly or indirectly," Hanka said to Streetwise Reports. Currently, MindBio is developing inroads into the mining, aviation, construction, and law enforcement industries. <h2 style="text-align: center;">Addiction in the Mining Industry</h2> In a recent market presentation, MindBio asserted that detecting drug and alcohol intoxication at scale can prevent unnecessary harm. The company discussed how physiological decline can put lives at risk, citing the dangers of impaired driving and a 10-20x increase in suicide risk while heavily intoxicated. MindBio also said that 40-50% of suicides involve alcohol, while the global alcohol harm cost sits at around US$1.6 trillion. <a href="https://americanaddictioncenters.org/workforce-addiction/blue-collar/miners" target="_blank" rel="noopener">According to the American Addiction Centers</a>, many factors contribute to addiction and abuse risk, like parental monitoring, peer pressure, socioeconomic status, type of substance, stress, drug availability, and occupation. They classified the mining industry as "particularly conducive to substance abuse," due to job stress, physical demand, and injuries from prolonged work. Outside the addiction sphere, biotech, in general, has shown exponential growth recently. "The global biotechnology market size was estimated at US$1.55 trillion in 2023 and is projected to reach US$3.88 trillion by 2030, growing at a CAGR of 13.96% from 2024 to 2030," <a href="https://mindbiotherapeutics.com/Consumer" target="_blank" rel="noopener">said Grandview Research</a>. And AI is carving out its own place in biotech. In September 2025, Market and Market Analysis considered the AI detector market as "undergoing rapid expansion, with estimates projecting a substantial market value surge from approximately US$0.58 billion in 2025 to US$2.06 billion in 2030." <h2 style="text-align: center;">Industry Professionals Watching Rollout</h2> 1"AI stocks are bottoming, and flashing buy signals . . . and MindBio leads the pack," <a href="https://www.streetwisereports.com/article/2026/04/01/the-worlds-first-ai-voice-detection-for-drugs-alcohol-with-charts-that-beckon-investors-to-buy.html?utm_medium=feed" target="_blank" rel="noopener">wrote Stewart Thomson in a contributed technical analyst opinion for Streetwise Reports</a> on April 1, 2026. Thomson argued that AI can be critical to creating a safer mining industry, saying, "MindBio's AI decodes these acoustic signatures to reveal physiological states and does it with unprecedented precision." Thomson gave MindBio a 'Strong Speculative Buy' rating and a long-term price target of CA$6.00. On February 3, 2026, <a href="https://www.canadianminingjournal.com/news/mindbios-voice-tech-promises-safer-shafts/" target="_blank" rel="noopener">The Canadian Mining Journal reported</a> that, "Studies in Chile reveal that alcohol consumption among mining workers exceeds 75%, with over 40% classified as problem drinkers." The article went on to say, "A single preventable incident can cost a mining company hundreds of millions in lost production, union boycotts, and insurance and medical expenses." <a href="https://techcouver.com/2026/01/26/ai-app-mindbio-therapeutics-detect-alcohol-intoxication-voice/" target="_blank" rel="noopener">Knowlton Thomas, for Techcouver, wrote</a> on January 26, 2026, that ". . . Leveraging more than 50 million data points from drug and alcohol clinical trials and proprietary algorithms across over 100 acoustic parameters, MindBio is now commercializing its technology." "AI stocks are bottoming, and flashing buy signals . . . and MindBio leads the pack." [OWNERSHIP_CHART-11539] <h2 style="text-align: center;">Deployment Planned Mid-2026</h2> In<a href="https://mindbiotherapeutics.com/investors" target="_blank" rel="noopener"> its investor presentation</a>, MindBio states it aims to deploy its Edge AI voice drug and alcohol detection kiosks in June of 2026 in order to test at scale in zero-tolerance industries. The company is already partnering with mines in South America and is in talks with other industries. While enterprise and telehealth capacities are in development right now, the company's announced future plans include disease prediction and health optimization. <h2 style="text-align: center;">Ownership & Share Structure2</h2> MindBio Therapeutics Corp. has a market cap of CA$7.9 million, with 7.28 million shares outstanding. The company's 52-week trading range is CA$0.50-CA$8.00. Management and Insiders own approximately 5.80% of MindBio Therapeutics shares, with Retail investors holding the remaining 94.20%. <a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a>Important Disclosures:<ol> <li>MindBio Therapeutics 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 MindBio Therapeutics 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> <li>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.</li> </ol> 1. Disclosure for the quote from the Stewart Thomson article published on [Date] <ol start="1" type="1"> <li>For the quoted article April 1, 2026, MindBio Therapeutics 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> For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting">here.</a> 2. Ownership and Share Structure Information 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.<img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=30913"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=30913" width="0" height="0"> ( Companies Mentioned: MBIO:CSE; MBQIF:OTCQB; WF6:Frankfurt, ) MBIO:CSE; MBQIF:OTCQB; WF6:Frankfurt Wed, 08 Apr 2026 00:00:00 PST Exploration Company Uncovers High-Grade Gold in Ontario Breakthrough https://www.streetwisereports.com/article/2026/04/06/exploration-company-uncovers-high-grade-gold-in-ontario-breakthrough.html Source: <a href="https://www.streetwisereports.com/article/2026/04/06/exploration-company-uncovers-high-grade-gold-in-ontario-breakthrough.html?utm_medium=feed">Streetwise Reports 04/08/2026</a> Dryden Gold Corp. (DRY:TSXV; DRYGF:OTCQX; X7W:FSE) reports high-grade gold hits in Ontario, validating 3D models and unlocking strong upside across its Gold Rock system.<a href="https://www.streetwisereports.com/pub/co/11012?utm_medium=feed" target="_blank" rel="noopener">Dryden Gold Corp. (DRY:TSXV; DRYGF:OTCQX; X7W:FSE) </a><a href="https://www.newsfilecorp.com/release/290960" target="_blank" rel="noopener">announced</a> on April 2, 2026, three new major gold discoveries at its Big Master Gold System at Gold Rock. Dryden Gold's CEO, Trey Wasser, said, "The evolution of our exploration program at Gold Rock is extremely exciting and has shifted into high gear. Through mapping and sampling, the team developed a theory on structural controls for high-grade gold mineralization at Gold Rock and has now utilized the software tools and expertise that are proving their theories with high-grade discoveries. The impact of this success will be magnified by last year's discovery of a dozen additional stacked gold-bearing structures across Gold Rock, like those discovered at Red Lake. The drill rigs continue to turn with a focus on further expanding the footprint by drilling newly identified targets and deeper drilling using our new 3-D models for targeting high-grade gold." <a href="https://urldefense.proofpoint.com/v2/url?u=https-3A__www.newsfilecorp.com_release_290960&d=DwMGaQ&c=euGZstcaTDllvimEN8b7jXrwqOf-v5A_CdpgnVfiiMM&r=wYPLKyxtyZHgnKvCgznx5KkzOtaB4bJn_kpjlLHbu48&m=IBZe_CCXBEJwBmYis60lnyrbKjKILx997i0TliJ4b24lQh2Ik1w4zS_Zezb1aTgp&s=sLJDjnjRML-iBcqjX_Sq8hYrZl9cIqNqXZQ4XPm5xdM&e=" target="_blank" data-auth="NotApplicable" data-linkindex="0" data-olk-copy-source="MessageBody" rel="noopener">Discoveries include</a> 4.25 meters grading 32.87 g/t gold, with 0.5 meters of 252.00 g/t on BM1 at drill hole DGR-048, 160 meters below the surface at Sparrow as well as 4 meters grading 6.51 g/to gold, with 1.50 meters of 16.10 g/t gold on BM2 at drill hole DGR-049, 60 meters below the surface at Ruby. The company has spent the last year digitizing all current and past data in order to integrate 3-D modeling of geological information. The most recent drill program was intended to test the accuracy of these theoretical models, and <a href="https://www.newsfilecorp.com/release/290960" target="_blank" rel="noopener">results suggest</a> that "The D3 structures appear to have enriched the multiple stacked gold-bearing structures and are providing a vector for the geological team to locate several potential high-grade targets across Gold Rock." Dryden Gold Corp. is a Vancouver gold exploration company focused on mining in Canada, specifically in the Manitou-Dinorwic deformation zone. <h2 style="text-align: center;">Gold Futures During International War</h2> <a href="https://www.holdcomarkets.com/_files/ugd/8a9060_2dc9a36a094349de93bc9d451ba5dd17.pdf" target="_blank" rel="noopener">HoldCo Markets noted that gold prices declined by 10.1% over the past month</a> when they released a March 2026 recap on April 6, 2026, offering their outlook on the gold market. They said, "A pullback in treasury yields last week has allowed for renewed optimism that gold's multi-week downturn has come to an end. According to the latest IFS data, gold sales from the Russian, Turkish, and Kazakh central banks have put downward pressure on the precious metal of late. Additionally, ETF selling has been rather consistent since the outbreak of the Iran war. After six consecutive weeks of inflows, China reversed its trend to become a net seller as of last week. With the aforementioned pullback in yields coupled with plans for Chinese banks to tighten rules on gold accumulation products, we would venture to think that gold's oversold conditions will turn in the near term." While prices fell last month, they've begun to stabilize. "Gold prices rose 4.08% during the week. Prices moved higher initially during the week, supported by a softer dollar and optimism around U.S. President's comments that the conflict [in Iran] could end soon. However, part of the gains were taken away after renewed escalation signals from President Trump. Trump warned of intensified military action against Iran over the next two to three weeks, while offering no clear roadmap for resolving the disruption to the strategically critical Strait of Hormuz," said Chen Lin of What is Chen Buying? What is Chen Selling? on April 4, 2026. Many long-term investors are hanging on and waiting for the market to settle. <a href="https://vongreyerz.gold/haycock-piepenburg-golds-pullback-may-be-the-best-entry-point-in-years?utm_campaign=163139794-2025%20-%20Newsletters&utm_medium=email&_hsenc=p2ANqtz-99zdr6kjFvac9VhD7n3-GiaJ0w8b8170LG-fSo200OjdBqC90tKMoffV3aZFmbKJU2AlcYVyhv0o08XLpb3IiPpOSPaO5lSq44puHU9kfQIIaiaRI&_hsmi=132300172&utm_content=132300172&utm_source=hs_email" target="_blank" rel="noopener">Matthew Piepenburg of Von Greyerz Gold wrote</a> on March 31, "Amid escalating tensions in the Middle East, rising inflation, and mounting systemic fragility, gold's recent weakness has raised eyebrows. Yet, as discussed, this is neither unprecedented nor irrational. In fact, history shows that during periods of tightening liquidity, rising yields, and forced deleveraging, even the strongest and most liquid assets, like physical gold, can be temporarily sold." He went on to say, "In short, what may appear to be a weakness today could, in reality, represent a rare and strategic entry point for those who understand physical gold's role as a long-term store of value." <h2 style="text-align: center;">Analysts Optimistic About Dryden</h2> Even before the press release, Ron Wortel, Senior Analyst for the Couloir Research Team, gave Dryden a 'Buy' rating on February 13, 2026, with a projected upside of 164%. He said, "Dryden Gold [is positioned] for sustained exploration momentum and continued resource growth, supporting our updated fair market value target of ~CA$1.00 for the stock into 2026." 1In a contributed technical analyst opinion piece for Streetwise Reports, <a href="https://www.streetwisereports.com/article/2026/02/25/from-concept-to-confirmation-a-district-scale-gold-story-takes-shape-1.html?utm_medium=feed" target="_blank" rel="noopener">John Newell of John Newell & Associates wrote</a>, "With institutional backing, experienced Red Lake leadership, and a technical structure that remains constructive, Dryden offers speculative investors leveraged exposure to what could be an emerging high-grade gold district at a time when precious metals are strengthening. At the current price of CA$0.37, we continue to view the shares as a Speculative Buy, recognizing both the upside potential and the inherent risks associated with junior exploration companies." This piece was released on February 25, 2026, well before the most recent results were revealed. He went on to say that, "Since the initial breakout in May 2025, Dryden Gold achieved its first two technical targets at CA$0.32 and CA$0.40. The third target at CA$0.46 has now also been met, confirming that the broader uptrend remains intact." In an April 2, 2026, quote, Chen Lin of What is Chen Buying? What is Chen Selling? said that Dryden, ". . . released excellent drilling results. 4.25 meters grading 32.87 g/t gold including 0.50 meters of 252.00 g/t gold on BM1 at 160 meters below surface at Sparrow. Unfortunately nobody pays attention on this kind of day, but it is a very exciting result." On April 4, in a report for The Gold Advisor, Jeff Valks gave Dryden Gold a 'Buy' rating after seeing the company's most recent release. He wrote, "These intercepts strengthen confidence in Dryden's structural targeting strategy and extend mineralization along strike and at depth across the Big Master Gold System. More importantly, they show the team's 3-D interpretation is working in real time — not just on paper. That's the kind of feedback loop exploration companies hope for." Valks said that he holds a long position, while his colleague, Jeff Clark, maintains his overweight position with no plans to sell. <h2 style="text-align: center;">Dryden's 2026 Goals</h2> <a href="https://www.newsfilecorp.com/release/290960" target="_blank" rel="noopener">Maura Kolb, President of Dryden Gold, commented on the company's future goals</a>: "Our understanding of the mineralization at Gold Rock is rapidly evolving as we are now using the digitized data. We are thrilled to share our interpretations with our shareholders using the new Mining Hub 3-D visualization tool. [OWNERSHIP_CHART-11012] The new holes were successful and confirm our geologic theory and interpretation. Being able to successfully target the high-grade zones will allow us to unlock the potential for building a resource at Gold Rock. Having now identified 15 parallel mineralized structures, from the Elora to Big Master Gold System, we are confident that we can vector into the high-grade zones to continue to expand Gold Rock." In 2026, <a href="https://wp-drydengold-2024.s3.ca-central-1.amazonaws.com/media/2026/02/DRY-Fact-Sheet_April-1-2026_FNL_UpdatedVersion2_LN.pdf" target="_blank" rel="noopener">Dryden Gold plans</a> to fully define Gold Rock's potential high-grade resources, find and define parallel mineralized structures at Gold Rock, prove the periodicity beginning at the company's Mud Lake Discovery, develop multiple target areas around 20 km strike length at Gold Rock, and strategically focus a fully funded 32,000-meter drill campaign there. <h2 style="text-align: center;">Ownership & Share Structure2</h2> Dryden Gold Corp. has a market cap of CA$70.3 million, with 219.54 million shares outstanding. The company's 52-week range is CA$0.145-CA$0.48. Management and Insiders own 5.40% of company shares, while Strategic Investors own 52.53%. The remaining 42.08% of shares are Retail. <a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a>Important Disclosures:<ol> <li>Dryden 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 Dryden 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> 1 Disclosure for the quote from the John Newell article published on [Date] <ol start="1" type="1"> <li>For the quoted article, February 25, 2026, Dryden Gold Corp. has paid Street Smart, an affiliate of Streetwise Reports, US$2,050.</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> John Newell Disclaimer 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. For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting">here.</a> 2. Ownership and Share Structure Information 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.<img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=30905"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=30905" width="0" height="0"> ( Companies Mentioned: DRY:TSXV; DRYGF:OTCQX; X7W:FSE, ) DRY:TSXV; DRYGF:OTCQX; X7W:FSE Wed, 08 Apr 2026 00:00:00 PST Lithium Developer Lands Spot in US-Japan Critical Minerals Partnership https://www.streetwisereports.com/article/2026/04/08/lithium-developer-lands-spot-in-us-japan-critical-minerals-partnership.html Source: <a href="https://www.streetwisereports.com/article/2026/04/08/lithium-developer-lands-spot-in-us-japan-critical-minerals-partnership.html?utm_medium=feed">Streetwise Reports 04/08/2026</a> Atlas Lithium Corp.'s (ATLX:NASDAQ) Neves Project in Brazil is being considered for financial backing by Japan and the U.S. governments.<a href="https://www.streetwisereports.com/pub/co/11040?utm_medium=feed" target="_blank" rel="noopener">Atlas Lithium Corp. (ATLX:NASDAQ)</a> announced that its wholly-owned Neves Project in Brazil's Lithium Valley has been highlighted in the Joint Fact Sheet for Japan-U.S. Critical Minerals Project Cooperation, <a href="https://www.atlas-lithium.com/news/u-s-and-japan-identify-atlas-lithiums-neves-project-for-potential-government-financial-support-in-landmark-critical-minerals-partnership/" target="_blank" rel="noopener">according to a release on April 2</a>. This document, unveiled on March 20, by Japan's Ministry of Economy, Trade, and Industry in collaboration with the Ministry of Foreign Affairs of Japan, marks the Neves Project as the sole Brazil-based lithium initiative recognized in this context. The full document <a href="https://www.meti.go.jp/press/2025/03/20260320001/20260320001-e.pdf" target="_blank" rel="noopener">can be accessed online</a>. The Fact Sheet indicates that the governments of Japan and the United States are contemplating financial backing for the development of the Neves Project. This announcement follows closely on the heels of the U.S.-Japan Critical Minerals Investment Ministerial, which took place on March 14 in Tokyo involving key U.S. departments and Japan's METI. Additionally, it comes after a summit on March 19 between Japan's Prime Minister Sanae Takaichi and U.S. President Donald Trump. Both nations have committed to an action plan aimed at fortifying the secure and diversified supply chains of critical minerals, building on a prior agreement signed in Tokyo on October 28, 2025. "The inclusion of the Neves Project in the Japan-U.S. Critical Minerals Joint Fact Sheet, with both the U.S. and Japanese governments considering financial support for our project, is a powerful recognition of the strategic value of our assets and the progress that our team has achieved," Atlas Lithium Chief Executive Officer and Chairman Marc Fogassa said. "Together with our strategic partner Mitsui & Co., we remain focused on bringing the Neves Project into production and supplying high-quality lithium concentrate to the global market. We are also proud of working with the local communities in bringing progress to an economically disadvantaged area of Brazil." The Joint Fact Sheet lists several projects that could enhance the critical minerals supply chain, including Atlas Lithium's Neves Project. This inclusion is significant, especially considering Atlas Lithium's strategic partnership with Mitsui & Co., Ltd., a major Japanese trading and investment entity. In March 2024, Mitsui invested US$30 million in Atlas Lithium shares and secured an offtake agreement to purchase lithium concentrate from the Neves Project, thereby linking the project directly to Japan's industrial sectors. <h2 style="text-align: center;">Co. Takes 'Critical Step' Toward Production</h2> <a href="https://www.streetwisereports.com/article/2025/12/29/final-stages-of-contracting-talks-signal-major-progress-at-high-grade-lithium-project.html?utm_medium=feed" target="_blank" rel="noopener">In December 2025, the company announced</a> that it is nearing the end of its search for a project management and construction supervision service provider for Neves. Situated in Minas Gerais, the Neves Project stands as Atlas Lithium's premier lithium development endeavor, bolstered by a Definitive Feasibility Study with world-class project economics. Atlas Lithium is in the process of selecting a firm that will oversee the planning, coordination, monitoring, and control of all construction activities at the site. This firm will ensure that the project adheres to the predetermined schedule, budget, scope, quality, safety, and performance standards. The company said it undertook a thorough evaluation process, reviewing five potential firms based on their technical expertise, experience with Brazilian mining projects, and their proposed management systems. Vice President of Engineering and Project Management Officer Eduardo Queiroz emphasized the importance of this partnership, stating, "securing a top-tier project management partner is a critical step in our disciplined approach to making Atlas Lithium a producer of lithium concentrate in short order." He further noted, "With our processing plant already in Brazil and key permits in place, we are methodically advancing toward production while maintaining our focus on cost discipline and schedule optimization." The lithium processing plant mentioned by Queiroz has already arrived in Brazil and is is now ready for assembly. Following assembly, pre-operational testing is expected to commence. Atlas Lithium anticipates finalizing the contract with the chosen project management firm early in 2026. Furthermore, Atlas Lithium has secured all necessary permits for the Neves Project, which include installation, mining concession, water use rights, and vegetation clearance authorizations. The project plans to implement 100% dry-stacking for waste management, thereby eliminating the need for a tailings dam, and aims to recirculate over 95% of its process water, highlighting its commitment to sustainable mining practices. <h2 style="text-align: center;">Analyst: Co. Well-Capitalized to Achieve Commercial Production</h2> <a href="https://www.streetwisereports.com/article/2026/03/17/lithium-co-s-low-cost-profile-and-mitsui-offtake-agreement-drive-m-a-interest.html?utm_medium=feed" target="_blank" rel="noopener">On March 17, 2026, H.C. Wainwright & Co. analyst Heiko F. Ihle, CFA, maintained a Buy rating</a> on Atlas Lithium and increased his price target from US$12.00 to US$12.50. Ihle cited the ongoing reduction of risks at Neves and the company's advantageous cost structure as primary factors for the adjustment. Ihle described 2026 as a crucial year for Atlas Lithium, noting the company's focus on initiating Phase 1 of production at Neves, which includes the construction of a 150,000 tonne-per-year modular Dense Media Separation (DMS) plant. He mentioned that the company is transitioning from procurement to actual plant assembly and is also working on expanding its permits following a technical report in August 2025. The analyst pointed out that Atlas Lithium appears well-capitalized to achieve commercial production in the near future, with a significant cash reserve and a manageable debt level. He also emphasized the company's appeal as a potential merger and acquisition target due to its low projected operating costs and strategic location in Brazil's "Lithium Valley." Ihle's revised price target of US$12.50 is based on an increased net asset value (NAV) multiple, reflecting the project's de-risking and a comprehensive valuation model that includes comparisons and financial projections. He highlighted the company's strategic partnerships and off-take agreements as indicators of ongoing industry interest. Finally, Ihle noted potential risks, including fluctuations in commodity prices, technical challenges in resource definition, and construction costs, which could impact the project's progress and financial outcomes. <h2 style="text-align: center;">The Catalyst: AI Pushing Demand Worldwide</h2> The AI industry's expansion is significantly driving up the demand for lithium, primarily due to the increased need for lithium-iron phosphate batteries in data centers, <a href="https://www.cmegroup.com/openmarkets/metals/2026/Why-the-AI-Boom-is-Boosting-Lithium-Demand.html" target="_blank" rel="noopener">according to Ivan Castano writing for Open Markets on March 18</a> These batteries are essential for maintaining a stable energy supply, crucial for operations like training large language models which consume substantial amounts of power. Unlike the smaller lithium-ion batteries used in EVs, these larger units are integral to Battery Energy Storage Systems (BESS). These facilities are becoming more common across the U.S. and globally, storing energy from renewable sources or the grid and releasing it during peak demand or power outages, thus ensuring continuous power supply to data centers. The systems are also beneficial for solar energy providers, allowing them to store excess energy produced during peak sunlight and sell it in the evening, thereby stabilizing their income despite the intermittent nature of solar power. This shift is causing the lithium demand for energy storage to outpace that of the EV market. According to Benchmark Minerals Intelligence, last year saw a 51% increase in BESS demand compared to a 26% rise for EVs, although EVs still make up about 75% of the global battery demand.[OWNERSHIP_CHART-11040] The market dynamics are shifting from an oversupply and lower prices to a scenario of scarce supply and rising prices, lifting lithium out of a three-year price dip. Prices have soared 120% over the past six months, with significant fluctuations such as a 46% price spike in January due to low inventories before the Chinese New Year. Andy Leyland, founder of SC Insights, predicts a tightening market, stating, "The market is looking pretty strong," and anticipates a 24% demand increase versus a 19% supply increase by 2026. This growing market tightness is mirrored in the futures market, where there is a noticeable shift towards using CME Group Lithium futures as a risk management strategy, reflecting the industry's need to hedge against price volatility amid supply disruptions and the EV industry's evolving purchasing strategies. In 2025, the global lithium market was valued at approximately US$32.38 billion and is projected to expand to US$96.45 billion by 2033, advancing at a compound annual growth rate (CAGR) of 14.5% from 2026 to 2033, <a href="https://www.grandviewresearch.com/industry-analysis/lithium-market" target="_blank" rel="noopener">Grand View Research reported</a>. This growth is largely driven by the increasing adoption of electric vehicles (EVs), which rely heavily on lithium-ion batteries. The automotive sector, in particular, is expected to see robust growth due to stringent government regulations aimed at reducing carbon dioxide emissions from internal combustion engine vehicles, pushing automakers towards EV production. <h2 style="text-align: center;">Ownership and Share Structure1</h2> As for ownership and share structure, management owns approximately 26% of Atlas Lithium common shares. Strategic partner Mitsui & Co. Ltd. has 7%. Numerous institutions hold 20%. Retail investors own the rest. Atlas Lithium has 27.7 million shares outstanding. Its market cap is ~US$130 million. Its 52-week range is US$3.54–8.25 per share. <a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a>Important Disclosures:<ol> <li>Atlas Lithium 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 Atlas Lithium Corp.</li> <li>Steve Sobek 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> For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting">here.</a> 1. Ownership and Share Structure Information 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.<img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=30902"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=30902" width="0" height="0"> ( Companies Mentioned: ATLX:NASDAQ, ) ATLX:NASDAQ Wed, 08 Apr 2026 00:00:00 PST British Columbia Exploration Co. Expands Significant Copper-Gold Footprint https://www.streetwisereports.com/article/2026/04/07/british-columbia-exploration-co-expands-significant-copper-gold-footprint.html Source: <a href="https://www.streetwisereports.com/article/2026/04/07/british-columbia-exploration-co-expands-significant-copper-gold-footprint.html?utm_medium=feed">Streetwise Reports 04/07/2026</a> Amarc Resources Ltd. (AHR:TSX.V; AXREF.OB:OTCBB) advances large-scale copper-gold discovery, backed by a CA$30M investment and expanding porphyry system potential.Amarc Resources Ltd. (AHR:TSX.V; AXREF.OB:OTCBB) is continuing to partner with Boliden Mineral Canada Ltd. to explore the DUKE copper-gold project in British Columbia. On April 1, 2026,<a href="https://www.accessnewswire.com/newsroom/en/metals-and-mining/amarc-confirms-bolidens-ongoing-participation-at-duke-copper-gold-district-and-pr-1154464" target="_blank" rel="noopener"> Amarc gave a press release</a> announcing that a Boliden AB (BLIDF: OTCPK; BOLD:ST) 60% / Amarc 40% Joint Venture from November 2022 has begun. Boliden invested CA$30 million at the end of 2025 in exchange for 60% of interest, choosing to forego its option to increase it to 70%. Now, Boliden can invest 60% into future programs, while Amarc will invest 40%, which will dilute interest in the DUKE project. The companies are planning a drilling project for this year to explore and find potential copper-gold targets in the district, with Amarc acting as the primary operator. So far, drilling at DUKE has revealed a porphyry system extending over 650 meters by 800 meters, at a depth of over 600 meters. These findings present potential for the discovery of new deposits. The DUKE district lies within the Babine Region of BC, which formerly contained the Bell and Granisle Cu-Au mines. Existing infrastructure and data has helped to quicken exploration programs, with <a href="https://www.accessnewswire.com/newsroom/en/metals-and-mining/amarc-confirms-bolidens-ongoing-participation-at-duke-copper-gold-district-and-pr-1154464" target="_blank" rel="noopener">Access Newswire reporting</a>, "In 2025, greenfield reconnaissance scale Induced Polarization ground geophysical survey work (58 line-km), geochemical (1,012 soil samples) and geological surveys, were combined with the drilling of 36 holes (9,208 m) comprising five holes at the DUKE Deposit and DUKE Offset and 31 scout holes other target areas throughout the extensive tenure," on April 2, 2026. Amarc Resources Ltd. is a Canadian junior exploration company based in British Columbia. It is associated with Hunter Dickinson Inc. (HDI), a proven minerals company. Amarc is focused entirely on exploring and developing gold-copper mines located within British Columbia, Canada. <h2 style="text-align: center;">Gold Market Settles</h2> Gold spiked in last night's overnight stock session after President Trump announced a two-week ceasefire with Iran. On April 8, 2026, <a href="https://www.kitco.com/news/article/2026-04-07/gold-prices-jump-2-markets-react-us-iran-ceasefire-deal" target="_blank" rel="noopener">Kitco reported</a>, "Analysts note that, as expected, the announcement is pushing both gold and equities higher, while crude oil prices are moving lower. In overnight activity, S&P 500 futures are up more than 2% on the session. At the same time, West Texas Intermediate (WTI) crude oil futures are down 18%." Gold was last trading at US$4,809.20 per ounce, according to Kitco. <a href="https://www.kitco.com/news/article/2026-04-07/gold-prices-jump-2-markets-react-us-iran-ceasefire-deal" target="_blank" rel="noopener">BMO Markets weighed in on gold futures</a> on April 8, saying, "Given speculative positioning had reduced significantly since the conflict started, metals are now on firm ground to see further upside as long as positive conflict news flow continues, albeit oil prices are not expected to snap back to pre-conflict levels imminently." Gold has gone down this month but still appears to be hovering at higher prices than last year. As for copper, Neils Christensen of Kitco News interviewed Craig Parry, Chairman and CEO of Vizsla Copper Corp. (VCU:TSXV; VCUFF:OTCQB) on April 8, 2026. <a href="https://www.kitco.com/news/article/2026-04-08/copper-will-outperform-gold-and-silver-could-hit-30-new-commodity-cycle" target="_blank" rel="noopener">Parry said</a>, ". . . during the last major commodities supercycle, copper prices surged roughly sixfold, rising from about US$0.70 per pound to US$4.60. He argues that a similar—or even more pronounced—move could unfold this decade, driven by global electrification, the global green energy transition, and infrastructure investment." <h2 style="text-align: center;">'Staying Signals Conviction,' said Jeff Valks</h2> At least one analyst is optimistic about Amarc's most recent news. "A major partner earning and maintaining a 60% stake is one of the stronger signals an early district story can produce. Boliden now funds the majority share of exploration while Amarc continues as operator. That combination tends to keep projects winning as they move forward. This is a buy on its current dip in price," wrote Jeff Valks of The Gold Advisor in an April 2, 2026, assessment. He continued, "Majors tend to leave if they lose interest. Staying signals conviction." [OWNERSHIP_CHART-3377] <h2 style="text-align: center;">What's Next for Amarc?</h2> In its<a href="https://amarcresources.com/site/assets/files/5848/mar_2026_ahr_long_corp_presentation_mar_20.pdf" target="_blank" rel="noopener"> investor presentation</a>, Amarc listed its JOY Cu-Au porphyry district as a potential high-grade, world-class project, with significant drilling and development underway. The company disclosed its partial ownership of the JOY (40%), DUKE (40%) districts, as well as its 100% ownership of the IKE district, noting substantial non-share dilutive funding with Freeport Resources Inc. (FRI:TSX.V; FEERF:OTCQB; 4XH:FSE) and Boliden. Amarc plans to gain momentum in the coming months by advancing its current programs. <h2 style="text-align: center;">Ownership & Share Structure1</h2> Amarc Resources Ltd. has a market cap of CA$207.35 million, with 225.38 million shares outstanding. The company's 52-week range is CA$0.42-CA$1.52. Institutions own 6.53% of shares, and Management & Insiders own 19.62%. Strategic Investors hold 17.94%, while the remaining 55.91% of shares are held by Retail. <a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a>Important Disclosures:<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> For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting">here.</a> 1. Ownership and Share Structure Information 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.<img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=30921"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=30921" width="0" height="0"> ( Companies Mentioned: AHR:TSX.V; AXREF.OB:OTCBB, ) Tue, 07 Apr 2026 00:00:00 PST California Biotech Co. Advances Depression Drug Breakthrough https://www.streetwisereports.com/article/2026/04/07/california-biotech-co-advances-depression-drug-breakthrough.html Source: <a href="https://www.streetwisereports.com/article/2026/04/07/california-biotech-co-advances-depression-drug-breakthrough.html?utm_medium=feed">Streetwise Reports 04/07/2026</a> Alto Neuroscience Inc. (ANRO:NYSE) pivots after mixed trial results, targeting treatment-resistant depression with analyst support and major market growth potential.<a href="https://www.businesswire.com/news/home/20260401931058/en/Alto-Neuroscience-Reports-Topline-Data-from-Phase-2-Proof-of-Concept-Study-of-ALTO-101-and-Highlights-Pipeline-Advancements" target="_blank" rel="noopener">Alto Neuroscience Inc. (ANRO:NYSE) released results of its Phase 2 proof-of-concept trial for ALTO-101</a> on April 1, 2026. The proprietary drug is intended to treat cognitive impairment associated with schizophrenia (CIAS). The trial showed that ALTO-101 did not achieve statistical significance, as observed on primary electroencephalography (EEG) or cognitive endpoints, compared to the placebo offered. However, the drug did show some improvements. ". . . The study demonstrated directional improvements across certain EEG measures, including a near-significant effect on theta-ITC (n=83, d=0.34, p=0.052) — a measure correlated with cognitive performance across datasets. In a pre-specified analysis in a more cognitively impaired subgroup (n=59), ALTO-101 exhibited nominally significant effects on theta-ITC compared to placebo (d=0.44, p=0.03). Further, certain EEG measures, including theta-ITC, showed improvements from day 5 to day 10 in the trial, suggesting a longer treatment period may elucidate greater effects," <a href="https://www.businesswire.com/news/home/20260401931058/en/Alto-Neuroscience-Reports-Topline-Data-from-Phase-2-Proof-of-Concept-Study-of-ALTO-101-and-Highlights-Pipeline-Advancements" target="_blank" rel="noopener">according to Businesswire</a> on April 1, 2026. ALTO-101 also showed roughly equal rates of nausea and vomiting compared to the placebo, which is remarkable for a PDE4 inhibitor pharmaceutical class. Alto has created an oral version of ALTO-101 and hopes to find uses for it within various partnerships. The company is now turning its focus to a different drug, ALTO-207, which is formulated to battle treatment-resistant depression. Alto is on track to initiate a Phase 2b clinical trial in the first half of this year. The drug is "<a href="https://www.businesswire.com/news/home/20260401931058/en/Alto-Neuroscience-Reports-Topline-Data-from-Phase-2-Proof-of-Concept-Study-of-ALTO-101-and-Highlights-Pipeline-Advancements" target="_blank" rel="noopener">. . . a fixed-dose combination of pramipexole (a dopamine D3/D2 agonist) and ondansetron (a 5-HT3 antagonist), designed to enable rapid titration to higher pramipexole doses by mitigating dose-limiting nausea and vomiting.</a>" <a href="https://www.businesswire.com/news/home/20260401931058/en/Alto-Neuroscience-Reports-Topline-Data-from-Phase-2-Proof-of-Concept-Study-of-ALTO-101-and-Highlights-Pipeline-Advancements" target="_blank" rel="noopener">In a statement by the company, Founder and CEO Amit Etkin, M.D., Ph.D. said,</a> "While we are disappointed that the ALTO-101 data did not deliver the signal we were seeking, it is an exploratory program, and we remain heavily focused on ALTO-207, our most advanced program in development for treatment -resistant depression — which is supported by strong prior clinical data and external validation. We appreciate the commitment of the patients and clinical teams who participated in the ALTO-101 trial. We are excited about our oral, modified-release formulation of ALTO-101 to potentially provide benefit to patients, and we intend to seek partnering opportunities to drive future value for this program.” <a href="https://investors.altoneuroscience.com/overview/default.aspx" target="_blank" rel="noopener">Alto Neuroscience Inc.</a> describes itself as ". . . on a mission to redefine psychiatry by leveraging neurobiology to develop personalized and highly effective treatment options. The company is headquartered in California. <h2 style="text-align: center;">A Growing Mental Health Market</h2> "Mental health conditions are becoming more common due to various societal, economic, and personal stressors. According to the World Health Organization (WHO), depression is a leading cause of disability globally, affecting more than 280 million people. Similarly, anxiety disorders impact a large portion of the population, often co-occurring with depression and other mental health conditions," <a href="https://www.gminsights.com/industry-analysis/antidepressant-drugs-market" target="_blank" rel="noopener">according to a 2025 article by Global Market Insights</a>. Rates of depression climbed during the COVID-19 pandemic and have stayed elevated. <a href="https://www.prnewswire.com/news-releases/bipolar-depression-market-expected-to-witness-accelerated-expansion-during-the-forecast-period-20262036-amid-advancements-in-psychiatric-therapies--delveinsight-302710457.html" target="_blank" rel="noopener">PR Newswire called out Alto Neuroscience as a major leader in bipolar depression treatment development</a> in a March 11, 2026, article. The same article projected that the bipolar depression treatment market will grow in the next 10 years and noted that the U.S. was the largest market for depression treatment in 2025. America's young population, the 3.4% of Americans between 18 and 25, is the largest target market. Improved diagnostic tools and stress-related lifestyle changes, along with genetic predisposition, are expected to increase cases of bipolar depression in the next 10 years. <a href="https://behavioralhealthnews.org/an-epidemic-of-anxiety-and-depression-requires-a-reevaluation-of-conventional-treatment/" target="_blank" rel="noopener">An article from Behavioral Health News in the fall of 2025 said</a>, "The global market for psychotropic medications is currently valued at US$23 billion, and it is expected to reach US$30 billion by 2030." This rise has been attributed to ". . . age-related increase in the prevalence of mood disorders, widespread use of antidepressant medications among primary care providers, and initiatives driven by health insurers that incentivize 'adherence to' prescription medication regimens, among many others." <h2 style="text-align: center;">Alto Neuroscience Gets Buy and Outperform Ratings</h2> Multiple analysts have offered research reports about Alto Neuroscience over the past month, all focused on ALTO-207's upcoming trials. On March 16, 2026, Andrew Tsai, Matthew Barcus, John Cox, and Brian Balchin of Jeffries released a research report giving Alto Neuroscience a 'Buy' rating, with a target price of US$35.00, which they raised from US$25.00. Their reasoning included upcoming data from drugs the company is developing to treat CIAS schizophrenia, major depressive disorder, and bipolar depression. Stifel released a research report from Paul Matteis on March 17, 2026, stating, "We remain Buy rated on ANRO following their 4Q25 earnings, which was an in-line report. Most importantly for the stock, ANRO remains on track to initiate the ph2b TRD study for ALTO-207 (pramiprexole+ondansetron) in 1H26 — in our view, '207 is ANRO's most compelling asset given the strength of the data for pramipexole for depression, the successful examples of two drug combos in neuropsych (Auvelity, KarXT), and the accelerated development timelines, with a ph3 expected to initiate in early 2027." Matteis gave Alto Neuroscience a target price of US$33.00. On March 18, 2026, Patric Trucchio of H.C. Wainwright & Co. gave Alto a 'Buy' rating. Upon seeing Alto's 2025 financial reports, Trucchio wrote, "We updated our model with the financials from the 2025 10-K filing, added the raise, and fine-tuned our expense estimates. Altogether, these changes left our price target unchanged at US$50 per ALT share." Myles Minter, John Boyle, and Jake Batchelder of William Blair released a research report on March 19, 2026, and gave Alto an 'Outperform' rating. They said, "We view Alto's ALTO-207 as intriguing given promising PAX-D clinical trial data in treatment-resistant depression (TRD) and PRIME-PAXOL indicating leading efficacy on anhedonia." They listed an updated probability-adjusted NPV fair value of US$40.35. FactSet reported the following analyst ratings and target prices: <ol> <li>On March 31, 2026, Jefferies analyst Andrew Tsai gave the company a Buy rating with a target price of US$35.</li> <li>On April 1, 2026, JonesTrading analyst Justin Walsh gave the company a Buy rating with a target price of US$44.</li> <li>On April 1, Chardan analyst Keay Nakae gave the company a Buy rating with a target price of US$30.</li> <li>On April 1, 2026, BTIG analyst Thomas Shrade gave the company a Buy rating with a target price of US$28.</li> <li>On April 1, 2026, TD Cowen analyst Ritu Baral gave the company a Buy rating with no target price.</li> <li>On April 1, an unnamed analyst gave the company an Overweight rating with a target price of US$38.</li> <li>On April 1, 2026, WedBush Laura Chico gave the company a Hold rating with a target price of US$21. </li> <li>On April 1, 2026, H.C. Wainwright & Co. Analyst Patrick Trucchio gave the company a Buy rating and a target price of US$50.</li> <li>On April 6, 2026, William Blair analyst Myles Minter gave the company a Buy rating with a target price of US$38.20.</li> </ol> <h2 style="text-align: center;">Multiple Drugs in Development</h2> <a href="https://www.stockwatch.com/News/Item/U-b20260401931058-U!ANRO-20260401/U/ANRO" target="_blank" rel="noopener">Etkin discussed the company's intended forward direction</a> in the April 1 press release, saying, "Alto enters this moment from a position of real strength: we have multiple clinical programs advancing, a US$275 million cash position, and ALTO-207 — which we believe is one of the most compelling and independently validated mechanisms in psychiatry — on track to imminently enter a Phase 2b trial. [OWNERSHIP_CHART-11463] Our focus remains squarely on executing for patients and shareholders across our pipeline." Alto believes it is poised to bring <a href="https://www.businesswire.com/news/home/20260401931058/en/Alto-Neuroscience-Reports-Topline-Data-from-Phase-2-Proof-of-Concept-Study-of-ALTO-101-and-Highlights-Pipeline-Advancements" target="_blank" rel="noopener">ALTO-207 into a Phase 3 trial</a> after a 2025 FDA meeting. The company hopes to also complete an NDA submission for the drug. Another drug, ALTO-300, meant to treat major depressive disorder, is set to <a href="https://investors.altoneuroscience.com/events-and-presentations/default.aspx" target="_blank" rel="noopener">begin Phase 2b trials</a> in mid-2026. <h2 style="text-align: center;">Ownership & Share Structure1</h2> Alto Neuroscience Inc. has a market cap of US$719.73 million, with 31.95 million shares outstanding. The company has a 52-week range of US$1.64-US$25.17. Management and Insiders own 6.44% of shares, while Institutions own 65.69%. The remaining 27.97% of shares are Retail. <a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a>Important Disclosures:<ol> <li>As of the date of this article, officers and/or employees of Streetwise Reports LLC (including members of their household) own securities of Alto Neuroscience Inc.</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> <li>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.</li> </ol> For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting">here.</a> 1. Ownership and Share Structure Information 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. <img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=30912"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=30912" width="0" height="0"> ( Companies Mentioned: ANRO:NYSE, ) Tue, 07 Apr 2026 00:00:00 PST San Francisco Pharma Co.'s HORIZON Phase 2 Data Validates APOL1 Path to Pivotal Trial https://www.streetwisereports.com/article/2026/04/07/san-francisco-pharma-co-s-horizon-phase-2-data-validates-apol1-path-to-pivotal-trial.html Source: <a href="https://www.streetwisereports.com/article/2026/04/07/san-francisco-pharma-co-s-horizon-phase-2-data-validates-apol1-path-to-pivotal-trial.html?utm_medium=feed">Dr. Ananda Ghosh 04/07/2026</a> H.C. Wainwright reiterated its rating and price target on Maze Therapeutics (MAZE:NASDAQ), following KOL calls that validated the HORIZON Phase 2 dataset as biologically coherent, confirmed the diabetic cohort signal as drug-attributable proof of concept, and outlined a clear path to pivotal trials.Published April 7, 2026, analysts Ananda Ghosh, PhD, and Andrew S. Fein of H.C. Wainwright & Co. reiterate their Buy rating on Maze Therapeutics Inc. (MAZE:NASDAQ), with a price target of US$110.00, implying approximately 279% upside from the current share price of US$29.00. The rating follows the company's HORIZON Phase 2 topline readout and subsequent key opinion leader (KOL) consultations, which reinforced the analysts' conviction in the APOL1 inhibition mechanism and the path to a pivotal trial. <h2 class="font-claude-response-body break-words whitespace-normal leading-[1.7]" style="text-align: center;">HORIZON Phase 2 Results and KOL Perspectives</h2> Following the HORIZON readout, H.C. Wainwright convened two KOL calls with leading academic nephrologists — one a pediatric nephrologist and glomerular disease trial expert, the other an APOL1 biology expert at Duke University. Both KOLs independently characterized the HORIZON dataset as biologically coherent and internally consistent, framing the three trial cohorts as a predictable signal-to-noise gradient. The FSGS cohort, which is biopsy-confirmed and APOL1-dominant, delivered the cleanest signal at 61.8% UACR reduction, followed by non-diabetic AMKD at 48.6%, and diabetic AMKD showing the most modest but still notable response given the complexity of the patient population and maximally optimized background therapy including SGLT2 inhibitors and GLP-1 agents. The KOLs described APOL1 as a "disease amplifier" rather than a primary disease cause — an important distinction for both the non-diabetic and diabetic cohorts. The analysts note that the KOLs positioned APOL1 inhibitors on the spectrum of disease-modifying therapies rather than curative interventions, drawing an analogy to PCSK9 inhibitors layered on top of statins as precision add-ons to standard of care. <h2 class="font-claude-response-body break-words whitespace-normal leading-[1.7]" style="text-align: center;">Diabetic Cohort Signal Viewed as Proof of Concept</h2> Despite the modest response in the diabetic cohort, both KOLs were explicit that the UACR improvement observed in the two diabetic responders is not random noise. The analysts highlight that the KOLs noted the normal UACR trajectory in diabetic kidney disease over a 12-week period without additional intervention is "either flat, slowly worsening, or at best stable" on the established standard of care. A spontaneous improvement, as one of the two diabetic responders achieved, does not fit that expected distribution, leading the KOLs to characterize the signal as drug-attributable rather than artifactual. Both KOLs described the diabetic cohort data as "genuinely encouraging" and representing the first clinical proof-of-concept that APOL1 inhibition is active in diabetic kidney disease. <h2 class="font-claude-response-body break-words whitespace-normal leading-[1.7]" style="text-align: center;">Pivotal Trial Design Framework</h2> The KOLs recommended separating the non-diabetic and diabetic arms in the pivotal program, with distinct endpoints for each. For the non-diabetic cohort, which demonstrated a clean and clinically meaningful UACR reduction, the KOLs recommended advancement to a registration-intent Phase 3 trial powered on a 30% UACR reduction endpoint, with the regulatory path being actively pursued through the PARASOL framework. For the diabetic cohort, the KOLs recommended continuing the current HORIZON cohort to generate eGFR trajectory and biomarker data before designing a subsequent pivotal trial, where eGFR slope — rather than proteinuria — may serve as the primary endpoint. The analysts note that the challenge remains the prospective identification of APOL1-primary patients within the broader diabetic CKD population, a biomarker challenge the field is actively working to address through enrichment criteria. <h2 class="font-claude-response-body break-words whitespace-normal leading-[1.7]" style="text-align: center;">MZE829 Potential Long-Term Advantage</h2> The analysts highlight a mechanistic argument for MZE829's potential long-term advantage over Vertex Pharmaceuticals' (NASDAQ: VRTX) inaxaplin. While inaxaplin blocks existing APOL1 pores but does not address new pore formation, MZE829 addresses both. In the analysts' view, over a longer duration, MZE829's assembly-disruption component may progressively reduce the total burden of APOL1 protein embedded in the podocyte membrane, effectively reverting the cell toward a healthier phenotype as pore synthesis slows. The analysts conclude that the current 12-week comparison understates the differential that may emerge in a longer-duration pivotal study. <h2 class="font-claude-response-body break-words whitespace-normal leading-[1.7]" style="text-align: center;">AMPLIFIED Readout as External Catalyst</h2> Both KOLs independently concluded that the HORIZON dataset provides external validation of the APOL1 inhibition mechanism and that Vertex Pharmaceuticals' (NASDAQ: VRTX; Buy; PT US$641.00; Market Cap US$110.3B) upcoming AMPLIFIED Phase 2 readout, expected mid-2026, could reinforce rather than undermine confidence in MAZE. The analysts note that two mechanistically distinct compounds from different companies with different chemical scaffolds showing consistent proteinuria reductions across APOL1 high-risk populations constitute strong and reproducible target validation. A positive AMPLIFIED result could simultaneously confirm MZE829's mechanism, expand physician awareness, build out genetic testing infrastructure, and broaden payer engagement for the entire APOL1 inhibitor class. <h2 class="font-claude-response-body break-words whitespace-normal leading-[1.7]" style="text-align: center;">Near-Term Catalysts and Open Questions</h2> The analysts identify the formal HORIZON data presentation at a medical conference as the most important near-term MAZE-specific catalyst, expected to include cohort-specific confidence intervals, the full waterfall plot, eGFR directional trends, and pharmacokinetic substudy results. Open questions include what biomarker or enrichment strategy Maze can embed in the diabetic pivotal design to prospectively identify APOL1-primary patients, and what the eGFR trajectory looks like in the HORIZON diabetic patients. The firm also intends to convene an investor-focused KOL call to further explore the implications of HORIZON for the AMPLIFIED and AMPLITUDE trial readouts. <h2 class="font-claude-response-body break-words whitespace-normal leading-[1.7]" style="text-align: center;">Valuation and Risks</h2> H.C. Wainwright's US$110.00 price target is based on an equally weighted composite of a PE-based valuation of US$88 per share (25x multiple on taxed and diluted 2034 EPS of US$9.00 discounted to December 2026 at 12%) and a DCF-based valuation of US$132 per share (12% discount rate, 2% terminal growth rate). MAZE currently trades at US$29.00, with a 52-week range of US$6.71 to US$53.65, a market cap of approximately US$1.4B, and cash on hand of US$360M with no debt. Key risks include clinical failure of MZE782 or MZE829, failure to obtain regulatory approval in the US or EU, and failure to achieve peak commercial revenue estimates due to market size, penetration rates, or pricing dynamics. <a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a>Important Disclosures:<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>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.</li> </ol> For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting">here.</a> Disclosures for H.C. Wainwright & Co., Maze Therapeutics Inc., April 7, 2026 This material is confidential and intended for use by Institutional Accounts as defined in FINRA Rule 4512(c). It may also be privileged or otherwise protected by work product immunity or other legal rules. If you have received it by mistake, please let us know by e-mail reply to unsubscribe@hcwresearch.com and delete it from your system; you may not copy this message or disclose its contents to anyone. The integrity and security of this message cannot be guaranteed on the Internet. H.C. WAINWRIGHT & CO, LLC RATING SYSTEM: H.C. Wainwright employs a three tier rating system for evaluating both the potential return and risk associated with owning common equity shares of rated firms. The expected return of any given equity is measured on a RELATIVE basis of other companies in the same sector. The price objective is calculated to estimate the potential movements in price that a given equity could reach provided certain targets are met over a defined time horizon. Price objectives are subject to external factors including industry events and market volatility. RETURN ASSESSMENT Market Outperform (Buy): The common stock of the company is expected to outperform a passive index comprised of all the common stock of companies within the same sector. Market Perform (Neutral): The common stock of the company is expected to mimic the performance of a passive index comprised of all the common stock of companies within the same sector. Market Underperform (Sell): The common stock of the company is expected to underperform a passive index comprised of all the common stock of companies within the same sector. Rating and Price Target History for: Maze Therapeutics, Inc. (MAZE-US) as of 04-06-2026 60 50 40 30 20 10 0 Q1 Q2 Q3 2024 Q1 Q2 Q3 2025 Q1 Q2 Q3 2026 Q1 Q2 I:BUY:$34.00 07/23/25 BUY:$50.00 09/12/25 BUY:$60.00 12/03/25 BUY:$110.00 03/25/26 Rating and Price Target History for: Vertex Pharmaceuticals Inc. (VRTX-US) as of 04-06-2026 550 500 450 400 350 300 Q1 Q2 Q3 2024 Q1 Q2 Q3 2025 Q1 Q2 Q3 2026 Q1 Q2 BUY:$326.00 02/08/23 BUY:$380.00 05/02/23 BUY:$390.00 11/07/23 BUY:$397.00 12/11/23 BUY:$457.00 02/06/24 BUY:$462.00 04/11/24 BUY:$500.00 07/19/24 BUY:$600.00 08/02/24 BUY:$535.00 12/20/24 BUY:$550.00 01/31/25 BUY:$478.00 08/05/25 BUY:$518.00 02/13/26 BUY:$591.00 02/17/26 BUY:$641.00 03/10/26 Related Companies Mentioned in this Report as of April/6/2026 Company Ticker H.C. Wainwright 12 Month Price Market Rating Price Target Cap Vertex Pharmaceuticals Inc. VRTX Buy $641.00 $434.30 $110327 Investment Banking Services include, but are not limited to, acting as a manager/co-manager in the underwriting or placement of securities, acting as financial advisor, and/or providing corporate finance or capital markets-related services to a company or one of its affiliates or subsidiaries within the past 12 months. H.C. Wainwright & Co, LLC (the “Firm”) is a member of FINRA and SIPC and a registered U.S. Broker-Dealer. I, Ananda Ghosh, PhD and Andrew S. Fein , certify that 1) all of the views expressed in this report accurately reflect my personal views about any and all subject securities or issuers discussed; and 2) no part of my compensation was, is, or will be directly or indirectly related to the specific recommendation or views expressed in this research report; and 3) neither myself nor any members of my household is an officer, director or advisory board member of these companies. None of the research analysts or the research analyst’s household has a financial interest in the securities of Maze Therapeutics, Inc. (including, without limitation, any option, right, warrant, future, long or short position). As of March 31, 2026 neither the Firm nor its affiliates beneficially own 1% or more of any class of common equity securities of Maze Therapeutics, Inc.. Neither the research analyst nor the Firm knows or has reason to know of any other material conflict of interest at the time of publication of this research report. A research analyst of the firm and/or the research analyst’s household has a financial interest in and own the securities of Vertex Pharmaceuticals Inc. (including, without limitation, any option, right, warrant, future, long or short position). As of March 31, 2026 neither the Firm nor its affiliates beneficially own 1% or more of any class of common equity securities of Vertex Pharmaceuticals Inc.. Neither the research analyst nor the Firm knows or has reason to know of any other material conflict of interest at the time of publication of this research report. The research analyst principally responsible for preparation of the report does not receive compensation that is based upon any specific investment banking services or transaction but is compensated based on factors including total revenue and profitability of the Firm, a substantial portion of which is derived from investment banking services. The Firm or its affiliates did not receive compensation from Maze Therapeutics, Inc. and Vertex Pharmaceuticals Inc. for investment banking services within twelve months before, but will seek compensation from the companies mentioned in this report for investment banking services within three months following publication of the research report. The Firm does not make a market in Maze Therapeutics, Inc. and Vertex Pharmaceuticals Inc. as of the date of this research report. The securities of the company discussed in this report may be unsuitable for investors depending on their specific investment objectives and financial position. Past performance is no guarantee of future results. This report is offered for informational purposes only, and does not constitute an offer or solicitation to buy or sell any securities discussed herein in any jurisdiction where such would be prohibited. This research report is not intended to provide tax advice or to be used to provide tax advice to any person. Electronic versions of H.C. Wainwright & Co., LLC research reports are made available to all clients simultaneously. No part of this report may be reproduced in any form without the expressed permission of H.C. Wainwright & Co., LLC. Additional information available upon request. H.C. Wainwright & Co., LLC does not provide individually tailored investment advice in research reports. This research report is not intended to provide personal investment advice and it does not take into account the specific investment objectives, financial situation and the particular needs of any specific person. Investors should seek financial advice regarding the appropriateness of investing in financial instruments and implementing investment strategies discussed or recommended in this research report. H.C. Wainwright & Co., LLC’s and its affiliates’ salespeople, traders, and other professionals may provide oral or written market commentary or trading strategies that reflect opinions that are contrary to the opinions expressed in this research report. H.C. Wainwright & Co., LLC and its affiliates, officers, directors, and employees, excluding its analysts, will from time to time have long or short positions in, act as principal in, and buy or sell, the securities or derivatives (including options and warrants) thereof of covered companies referred to in this research report. The information contained herein is based on sources which we believe to be reliable but is not guaranteed by us as being accurate and does not purport to be a complete statement or summary of the available data on the company, industry or security discussed in the report. All opinions and estimates included in this report constitute the analyst’s judgment as of the date of this report and are subject to change without notice. Securities and other financial instruments discussed in this research report: may lose value; are not insured by the Federal Deposit Insurance Corporation; and are subject to investment risks, including possible loss of the principal amount invested.<img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=30910"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=30910" width="0" height="0"> ( Companies Mentioned: MAZE:NASDAQ, ) Tue, 07 Apr 2026 00:00:00 PST Stagflation Not Seen in Decades https://www.streetwisereports.com/article/2026/04/07/stagflation-not-seen-in-decades.html Source: <a href="https://www.streetwisereports.com/article/2026/04/07/stagflation-not-seen-in-decades.html?utm_medium=feed">Tavi Costa 04/07/2026</a> Tavi Costa of Azuria Capital shares his thoughts on the impending stagflation and one mining company he believes is worth looking into.This is rapidly becoming one of the most pronounced stagflationary environments in decades. Inflation is accelerating while growth is rolling over sharply. That leaves the Fed in a real bind. At these levels of debt, you either save growth or kill inflation. And the truth is, policymakers will choose the former — because they can't afford the latter. <img class="No_img_class" src="https://www.theaureport.com/images/auto_up/20264761620_1.jpg" alt="" width="1000" height="696" /> To give credit where it's due, I want to highlight a chart from Bob Elliott from Unlimited Funds. It's a powerful illustration of how long periods of equity market stagnation are often followed by years of strong performance. If you look closely, the three historical stagnation periods largely stem from two main forces. The 1920s–1940s and the 2000s–2010s were both preceded by extreme equity valuations and speculative excess. Extended stretches of strong returns — where value investing is dismissed, and a new generation with little risk management experience takes the lead — tend to push markets into irrational territory for a time. And while I won't repeat the well-known quote about markets staying irrational longer than expected, the key point is this: Understanding the underlying imbalances matters far more than trying to pinpoint the exact catalyst, which is nearly impossible. That's why we see so many investors correctly anticipate downturns — just with poor timing. Predicting triggers is incredibly difficult. Allocating capital based on what is fundamentally cheap and high quality within the current macro environment is far more important than trying to call the peak of the Nasdaq. I will die on that hill. Warren Buffett built an entire career on this principle — tuning out short-term noise and focusing on enduring businesses. That discipline is worth studying. It's also important to consider the 1970s period in the chart. That stagnation was driven by inflation. Rising costs of capital, labor pressures squeezing margins, and deglobalization disrupting supply chains made for a very challenging environment for equities. We are seeing many of those same dynamics today — geopolitical tensions, supply constraints, and inflation pressures driven by commodities, logistics disruptions, and years of excess credit and easy monetary policy. At its core, that combination is likely the central issue. The point of this chart is to highlight risk and why I have no interest in owning overvalued US equities for growth that is now rolling over under the weight of global debt. When growth starts to decelerate at peak valuations, get out of the way — that's when things tend to unravel fast. In contrast, the opportunity set in hard assets and emerging markets, particularly Latin America, is far more compelling today. That's where I'm focusing my time, capital, and attention. The rebalancing out of financial assets and into hard assets may be one of the most important macro trends of the next 5–10 years. So why chase 50x sales AI companies? <img class="No_img_class" src="https://www.theaureport.com/images/auto_up/20264761713_2.jpg" alt="" width="1000" height="635" /> The current level of Fed funds is suffocating growth and labor markets, yet still not restrictive enough to contain inflation. If you apply the Taylor Rule, short-term rates should be closer to 6.3% — and that estimate is already stale, based on January data. Today, that number is likely meaningfully higher. Inflation is not going away. In fact, it is likely to reaccelerate in the coming months and remain well above the Fed's so-called target. That's a given. Meanwhile, policy rates are still roughly 250 basis points below where they should be based on that framework. And the underlying signals are getting louder: Commodities are now nearly 25% above the highs reached during the peak of the Russia-Ukraine war. The equal-weighted commodity index is rising at an annualized pace of roughly 34%. The idea that the Fed can remain hawkish is already being challenged — just look at gold starting to reassert itself. At the same time, long-term Treasuries are starting to rally even as oil prices move higher. Now, before you think I've lost it… are you ready for a genuinely contrarian view? The most underappreciated scenario in markets today is one where energy prices remain structurally elevated, while the US is forced to push the entire yield curve lower to manage an unsustainable debt burden. In other words, inflation stays hot, rates ultimately fall, and policymakers quietly allow inflation to run. That is not a tail risk. It is increasingly becoming the base case. <img class="No_img_class" src="https://www.theaureport.com/images/auto_up/20264761749_3.png" alt="" width="1000" height="698" /> If you're wondering how this view might play out — and why it remains so underappreciated — look no further than the Brent crude futures curve. Global markets still seem to be underestimating the seriousness of the situation, particularly the unintended ripple effects of higher energy prices. These pressures are likely to spill into agricultural commodities and, ultimately, food prices. Given how severe global inequality already is, further escalation would have meaningful consequences. This is not just a market issue — it's a broader societal risk that is quietly building and likely to become far more visible in the near future. <img class="No_img_class" src="https://www.theaureport.com/images/auto_up/20264761811_3.png" alt="" width="1000" height="574" /> Agricultural commodities continue to break out, and this remains one of the most important macro developments since the Iran conflict began. I believe prices are on the verge of a much larger acceleration — one that could significantly worsen the global inflation problem. Recent data already points in that direction, with rising energy and fertilizer costs starting to push food prices higher globally. <img class="No_img_class" src="https://www.theaureport.com/images/auto_up/20264761857_4.png" alt="" width="1000" height="696" /> It's also critical to recognize that labor markets are already deteriorating — and doing so more meaningfully than most appreciate. The U-3 unemployment rate bottomed in April 2023 and has been trending higher ever since — coincidentally right around the time AI enthusiasm took off. But the real signal isn't the absolute level; it's the trend. One of the most reliable indicators I track is unemployment relative to its 24-month moving average. When the former crosses above the latter, deterioration tends to accelerate. This has happened every single time since 1970. Today, many will argue "this time is different" because the move has been more gradual. I strongly disagree. The pace is irrelevant — the direction is what matters. And if this trend continues, as I believe it will, the labor market will ultimately become the justification policymakers need to cut rates over the next 12 to 24 months. <img class="No_img_class" src="https://www.theaureport.com/images/auto_up/20264761920_5.png" alt="" width="1000" height="693" /> Now, let's turn this conversation back to gold… I know… I can't help myself. When it comes to the recent weakness in the metal price, there are two key drivers worth highlighting — both of which helped push prices into oversold territory. The first is obvious: Turkey. But the more important question is whether this becomes systemic across other emerging markets and central banks. My view is that it won't. Turkey is a very specific case, driven by its unique geopolitical position and near-term liquidity constraints. Countries like Brazil, China, Russia, and India are in a completely different position and are unlikely to behave the same way. Bloomberg, right near the recent bottom in gold prices, published a very misleading piece suggesting this could become contagious across other emerging markets. I think that's a very poorly thought-out conclusion — as, unfortunately, we've come to expect from the traditional media. The second factor is far less significant, but still worth mentioning. The liquidity stress in private equity — where some funds have gated investors— likely contributed at the margin. With capital locked up in illiquid assets, some investors may have been forced to sell what they could. That said, this is not a systemic driver. These investors rarely have meaningful exposure to gold, and if anything, their liquid allocations tend to lean on Bitcoin and others. It may have added pressure, but it is nowhere near large enough to drive a broader breakdown. Stepping back, nothing has changed in the long-term thesis for gold. If anything, this has created an opportunity to accumulate at discounted and oversold levels. That doesn't mean volatility is behind us. A sharp selloff in an asset that is typically stable will force large allocators to reassess risk. But they don't panic — they adjust. That usually means selling into strength rather than dumping positions at the lows. So expect some digestion here before the market finds a more stable footing. For long-term investors, this is exactly the type of environment where you want to be adding — not reacting. That's how I'm approaching it. <img class="No_img_class" src="https://www.theaureport.com/images/auto_up/20264761943_6.png" alt="" width="652" height="857" /> From a market standpoint, what's happening beneath the surface is even more telling. High-quality miners are holding up exceptionally well despite the recent shakeout in gold prices. That kind of relative strength is not random. It's what leadership looks like when a sector is in the process of bottoming. To be clear, I'm not claiming we've definitively seen the lows. The geopolitical backdrop remains highly fragile, and the situation can shift quickly. But I'm more than comfortable riding through the volatility and staying fully committed to my long-term positions. Because if anything, this price action reinforces my view — we are still in the very early innings of a mining cycle. Let me elaborate on one company I haven't yet. <img class="No_img_class" src="https://www.theaureport.com/images/auto_up/20264762006_7.jpg" alt="" width="624" height="434" /> Osisko Development Corp. (ODV:TSX.V) The core of the company is the Cariboo Gold Project — a rare combination of scale, grade, jurisdiction, and permitting that is increasingly difficult to replicate today. At the deposit level, Cariboo is already a ~2.0–2.1 million ounce reserve base grading ~3.6–3.8 g/t gold, which is meaningfully higher grade than most large-scale development projects globally. What makes this more compelling is not just the size, but the district-scale land package (~80 km of strike) with a long history of production, suggesting strong exploration upside beyond the current mine plan. In other words, you are underwriting a multi-million-ounce system, not a single deposit. From a production standpoint, the project is designed to deliver ~160k–190k ounces annually over a 10–12 year mine life, with clear potential to extend that through drilling. This puts Cariboo firmly in the "meaningful producer" category — large enough to matter, but still early in its growth curve. On capital intensity, this is where the story becomes more nuanced — but still attractive. The latest feasibility work points to ~CA$881M initial capex (with ~CA$1.4B all-in, including expansions). While not "cheap" in absolute terms, the project benefits from a phased development approach, with an initial lower-capital ramp that helps derisk execution and financing. More importantly, this is a fully permitted asset in Canada, which dramatically reduces one of the biggest risks in mining today — timeline uncertainty. Economically, the project is solid even on conservative assumptions and becomes very compelling at current gold prices. The 2025 feasibility study shows ~22% IRR and ~CA$943M after-tax NPV (5%) at US$2,400 gold, with costs around ~US$1,150/oz AISC. At spot prices closer to US$4,500+, the NPV expands materially (into multi-billion territory), creating strong torque to gold. That convexity is exactly what you want in a development name. Putting it all together, the investment case is straightforward: You have a permitted, high-grade, district-scale gold system in a Tier-1 jurisdiction, with a clear path to becoming a mid-tier producer and significant leverage to higher gold prices. The market is effectively being asked to finance the build — but in return, you are getting exposure to a long-life asset that could compound value through both production and continued discovery. <img class="No_img_class" src="https://www.theaureport.com/images/auto_up/20264762033_8.png" alt="" width="1000" height="705" /> Before I wrap up, I want to leave you with a few final thoughts on risk management… Stagflation is no longer a risk — it's starting to take hold across the macro landscape. While everyone is focused on the war, they're asking the wrong question. The real issue is how long it takes for the US to intervene in the recent surge in interest rates — and what that intervention will mean for all major asset classes. The idea that the Fed can remain hawkish is already unraveling. You can see it in gold forcefully reasserting itself — and that move is likely just getting started, regardless of how the war unfolds. One last thing before I go… I want to highlight an <a href="https://www.youtube.com/watch?v=AlfWOT0bSbs" target="_blank" rel="noopener">interview</a> with Carson Block in case you missed it this week. I agree with most of his views and think it's worth carefully considering the following. There is a very real risk of a stagflationary environment driven by a meaningful deterioration in labor markets, ultimately leading to a sharp widening in credit spreads. As he pointed out, volatility in credit markets remains far too cheap, which is precisely why these derivatives are so mispriced. To be fair, this is a view I've held for some time. Whenever I grow more concerned about broader markets, I tend to express it by adding short exposure to junk spreads — typically through puts on JNK or HYG — paired with long calls on TLT. Credit spreads today remain incredibly tight relative to the true cost of capital, in my view. That creates a compelling hedge for a stagflationary outcome — where commodity prices stay structurally elevated while the economy slows, further pressured by weakening labor markets. <img class="No_img_class" src="https://www.theaureport.com/images/auto_up/20264762059_9.jpg" alt="" width="736" height="438" /> I hope you enjoyed this piece. It was very much focused on macro views, with one company highlighted. Enjoy your day, and if you haven't yet suffered through one of my <a href="https://www.youtube.com/watch?v=JGibjutkaXM&t=603s" target="_blank" rel="noopener">interviews</a>, maybe now is a good moment. It's a great one to listen to before bed if you're having trouble falling asleep…. This was a sample of an article on Tavi Costa's Substack. <a href="https://tavicosta.substack.com/" target="_blank" rel="noopener">You can view more of his work by signing up here</a>. <a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a>Important Disclosures:<ol> <li>Tavi Costa: I, or members of my immediate household or family, own securities of: Osisko Development Corp. My company has a financial relationship with: None. My company has purchased stocks mentioned in this article for my management clients: None. 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> For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting">here.</a> Tavi Costa Disclosures This commentary has been prepared by Tavi Costa for informational purposes only and does not constitute an offer or solicitation to buy or sell any security or financial instrument, nor does it constitute investment advice or a recommendation to participate in any trading strategy. The information contained herein has been obtained from sources believed to be reliable; however, Tavi Costa makes no representation or warranty, express or implied, as to its accuracy or completeness. Any opinions or estimates expressed reflect personal views as of the date of publication and are subject to change without notice. Past performance is not indicative of future results. Readers should consider this material as only one input in their decision-making process and should obtain independent financial, legal, and tax advice before making any investment decisions. Investing in financial instruments involves substantial risk, including the potential loss of principal. The value of investments and the income derived from them may fluctuate and may be affected by changes in interest rates, foreign exchange rates, credit conditions, and the price or volatility of underlying assets. Certain investments may be speculative and are not suitable for all investors. Tavi Costa may, from time to time, have long or short positions in securities or other financial instruments mentioned and may transact in such instruments without further notice.<img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=30909"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=30909" width="0" height="0"> ( Companies Mentioned: ODV:TSX.V, ) Tue, 07 Apr 2026 00:00:00 PST Junior Explorer Discovers Massive Tungsten Potential Breakthrough in Yukon https://www.streetwisereports.com/article/2026/04/07/junior-explorer-discovers-massive-tungsten-potential-breakthrough-in-yukon.html Source: <a href="https://www.streetwisereports.com/article/2026/04/07/junior-explorer-discovers-massive-tungsten-potential-breakthrough-in-yukon.html?utm_medium=feed">Streetwise Reports 04/07/2026</a> Rackla Metals Inc. (RAK:TSX.V) finds high-grade tungsten potential in Yukon, leveraging historic data and surging demand for a major breakthrough opportunity.Rackla Metals Inc. (RAK:TSX.V) <a href="https://www.stockwatch.com/News/Item/Z-C!RAK-3800174/C/RAK" target="_blank" rel="noopener">released an update</a> on March 30, 2026, on its newly acquired Lentung Tungsten Property, revealing data compilation for the area. Rackla has spent the last year digitizing compiled historical data for its 19,600-hectare property, including documentation about surrounding drilling, assays, and technical studies of the site. The company intends to use this data to create 3-D geographical modeling and efficiently target upcoming drilling programs. The Lentung Property was previously owned and operated by Union Carbide. The benefit of having infrastructure already in place allows for scale and upside for Rackla. The infrastructure includes <a href="https://www.stockwatch.com/News/Item/Z-C!RAK-3800174/C/RAK" target="_blank" rel="noopener">". . . 26,000 meters of drilling across 178 holes, identifying 15 tungsten occurrences over a 15-kilometer strike length."</a> On April 5, 2026, <a href="https://aheadoftheherd.com/rackla-plans-10000m-drill-program-at-lentung-tungsten-property-richard-mills/" target="_blank" rel="noopener">Ahead of the Herd reported</a> the finding of another 12 skarn units, saying, "where the intrusions encounter carbonate rocks like limestone and dolomite, there is potential for tungsten skarn mineralization." Historically, the deposits in this area, including the Cantung and Mactung deposits, have ranked among the highest-grade tungsten skarn systems in the world. Data from Union Carbide's previous files suggests a high-grade deposit with open-pit potential. <a href="https://www.stockwatch.com/News/Item/Z-C!RAK-3800174/C/RAK" target="_blank" rel="noopener">According to a Stockwatch.com article</a> from March 30, 2026, "The historical resource estimate by Union Carbide was calculated for three of the 15 tungsten occurrences on the Lened property and ranks as one of the highest-grade tungsten skarn deposits in the world according to the United States Geological Survey ranking of tungsten skarn deposits." Rackla Metals Inc. is a Canadian junior exploration company focused on mining rare earth, gold, and tungsten in the eastern Yukon and western Northwest Territories in Canada. <h2 style="text-align: center;">Tungsten in High Demand, Short Supply</h2> Commodity prices have varied recently, in part due to trade tensions between the U.S. and China and the U.S.-Iran War. Tungsten's incredible strength and heat tolerance make the metal a highly valuable component of weaponry, including missiles and armor-piercing bullets. Because China is the world's largest tungsten producer, and it has stopped shipping to the U.S., a shortage has occurred in America's military assets.<a href="https://www.cnbc.com/2026/03/31/commodities-price-of-tungsten-sulfur-and-helium.html" target="_blank" rel="noopener"> Almonty's CEO told CNBC</a> on March 31, 2026, "There's no material to stockpile. That's probably the biggest change." On March 23, Rick Mills from Ahead of the Herd wrote that, "Outside of China, which accounts for 83% of global supply, there are only a few tungsten mines, making exploration imperative. . . The end result of skyrocketing demand for tungsten, due to militaries rearming and the war in Iran, combined with limited supply, is that the metal has jumped 557% in a little over a year." <a href="https://aheadoftheherd.com/rackla-plans-10000m-drill-program-at-lentung-tungsten-property-richard-mills/" target="_blank" rel="noopener">Ahead of the Herd went on to write on April 5, 2026</a>, that "Canada's only producing tungsten mine, Cantung in the Northwest Territories, closed in 2015." This gap in supply leaves room for other companies to attempt tungsten mining in North America. Despite already doing well, <a href="https://www.cnbc.com/2026/03/31/commodities-price-of-tungsten-sulfur-and-helium.html" target="_blank" rel="noopener">tungsten prices hit a record high of over US$3,000 mid-March</a>. "From ~US$300 per metric tonne unit (a measured equal to 10kg) in early 2025, the price ran to around US$920/mtu in early 2026. By March 20, it hit US$2650/mtu, a full US$400/mtu higher than March 13," <a href="https://stockhead.com.au/resources/tungsten-has-gone-exponential-heres-how-australian-explorers-are-taking-advantage/?utm_medium=email&utm_campaign=Stockhead%20Morning%20Newsletter-03-24-2026&utm_content=httpsstockheadcomauresourcestungstenhasgoneexponentialhereshowaustralianexplorersaretakingadvantage&utm_medium=email&utm_campaign=AM%20NL%20Mar%2025&utm_content=AM%20NL%20Mar%2025+CID_daaef33d3b6d7adf5a9eb6d8eb0abf1c&utm_source=Campaign%20Monitor&utm_term=Tungsten%20has%20gone%20exponential%20%20heres%20how%20Australian%20explorers%20are%20taking%20advantage" target="_blank" rel="noopener">wrote Josh Chiat of Stockhead.com</a> on March 25. Chiat went on to comment on access to the metal: "Have a tungsten mine right now, and the investment will come." <h2 style="text-align: center;">Expert Expects Success</h2> On March 31, 2026, Bob Moriarty of 321gold.com gave Streetwise Reports a quote on the company's current movement: "While Rackla's 2025 couldn't determine the source of the widespread gold their surface exploration program discovered, they did raise CA$10 million while investors were hurling money at good juniors. Rackla has come up with a Plan B backup with a nearby tungsten property with known values. So, one way or another, I expect the 2026 program to be successful." <h2 style="text-align: center;">Rackla Begins New Campaign</h2> <a href="https://wp-racklametals-2023.s3.eu-west-2.amazonaws.com/media/2023/03/Rackla-Metals-Presentation_March-11-2026.pdf" target="_blank" rel="noopener">Rackla plans</a> to initiate 10,000 meters of drilling in 2026, focusing its efforts on confirming historical resources and expanding near-surface mineralization in order to target a National Instrument 43-101 resource. [OWNERSHIP_CHART-5123] The drill core from campaigns in the 70s and 80s remained on the property, allowing Rackla to quickly plan a recovery and resampling this summer. The company will begin conducting archeological and environmental studies to supplement Union Carbide's historical studies. <h2 style="text-align: center;">Ownership & Share Structure1</h2> Rackla Metals Inc. has a market cap of CA$22.81 million, with 162.95 million shares outstanding. The company has a 52-week range of CA$0.08-CA$1.00. Institutions hold 0.23% of shares, while Management & Insiders own 28.11%. The remaining 71.66% of shares are Retail. <a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a>Important Disclosures:<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> For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting">here.</a> 1. Ownership and Share Structure Information 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. <img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=30907"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=30907" width="0" height="0"> ( Companies Mentioned: RAK:TSX.V, ) Tue, 07 Apr 2026 00:00:00 PST High-Grade Gold Hits and Expansion Drilling Drive Momentum at Northwestern Ontario Project https://www.streetwisereports.com/article/2026/04/08/high-grade-gold-hits-and-expansion-drilling-drive-momentum-at-northwestern-ontario-project.html Source: <a href="https://www.streetwisereports.com/article/2026/04/08/high-grade-gold-hits-and-expansion-drilling-drive-momentum-at-northwestern-ontario-project.html?utm_medium=feed">Streetwise Reports 04/07/2026</a> West Red Lake Gold Mines Ltd. (WRLG:TSX.V; WRLGF:OTCQX; UJO:FSE) reported new high-grade drill results from its recently completed 6,300-meter program at the Rowan Project.<a href="https://www.streetwisereports.com/pub/co/5614?utm_medium=feed" target="_blank" rel="noopener">West Red Lake Gold Mines Ltd. (WRLG:TSX.V; WRLGF:OTCQX; UJO:FSE)</a> reported<a href="https://westredlakegold.com/west-red-lake-gold-adding-confidence-to-rowan-mine-resource-and-extending-vein-zones/" target="_blank" rel="noopener"> drill results from its recently completed infill and conversion drilling program at the 100% owned Rowan Project in the Red Lake Mining District of Northwestern Ontario.</a> The results are focused on the high-grade Rowan vein system and follow previously announced intercepts in January and February 2026. A total of 37 holes totaling approximately 6,300 meters were completed in the current drilling program, with fire assay gold results reported for 26 holes and results pending for 11 holes. The program targeted multiple veins, including Veins 001, 003, 006b, and 013. Highlighted intercepts include Hole RLG-26-212, which intersected Vein 013 with 1.62 meters grading 19.83 grams per tonne gold, including 0.62 meters at 51.50 grams per tonne gold. Hole RLG-26-210 intersected Vein 001 with 1 meter grading 30.59 grams per tonne gold, including 0.5 meters at 61.10 grams per tonne gold. Additional intercepts included 0.5 meters at 41.50 grams per tonne gold in Hole RLG-25-206 on Vein 006 and 1.5 meters at 12.32 grams per tonne gold in Hole RLG-25-207 on Vein 001. The company stated that the drilling program includes conversion drilling on Veins 001 and 004 to support potential upgrading of inferred resources to indicated classification, and infill drilling on Veins 006b and 013 to support mine design considerations ahead of a planned combined pre-feasibility study for the Madsen Mine and Rowan Project. <a href="https://westredlakegold.com/west-red-lake-gold-adding-confidence-to-rowan-mine-resource-and-extending-vein-zones/" target="_blank" rel="noopener">Will Robinson, Vice President of Exploration, said in a company news release</a>, "We are very encouraged by the results received to date from the Rowan infill drilling program." He added that incorporating Veins 006b and 013 into mine design considerations "has the potential to materially change the way we view the Rowan deposit." The Rowan deposit currently hosts an indicated resource of 478,707 tonnes containing 196,747 ounces of gold grading 12.78 grams per tonne and an inferred resource of 421,181 tonnes containing 118,155 ounces grading 8.73 grams per tonne. These resources are estimated at a cut-off grade of 3.80 grams per tonne gold and a gold price of US$1,800 per ounce. The company also noted that further geotechnical, metallurgical, and engineering studies are underway to inform the planned pre-feasibility study, alongside ongoing permitting efforts aimed at advancing the project toward Advanced Exploration status, which is required for bulk sample extraction. <h2 style="text-align: center;" data-start="2149" data-end="2444">Gold Sector Supply Constraints and Interest Rate Expectations Shape Markets</h2> <a href="https://www.mining.com/wells-fargo-doubles-down-on-gold-price-despite-slump/" target="_blank" rel="noopener">Wells Fargo wrote on March 29 that gold prices had experienced volatility tied to macroeconomic conditions</a>, noting that prices had "fallen more than 15% amid concerns over inflation caused by the ongoing Middle East conflict." The bank's analysts stated that gold had been "restrained by the returns offered by competing assets like bonds and currencies," while also highlighting that "rising energy prices have so far recalibrated investors' expectations for interest rate cuts." In the same report, Edward Lee stated, "The prospect for lower short-term interest rates and the potential to hedge against accelerating policy surprises prompt us to raise our 2026 gold target," describing structural drivers such as central bank buying and geopolitical factors as supporting demand. <a href="https://www.cnbc.com/2026/03/31/commodities-price-of-tungsten-sulfur-and-helium.html" target="_blank" rel="noopener">According to a March 31 report from CNBC, commodity markets had also been influenced by geopolitical developments and supply chain controls</a>, particularly in niche materials linked to industrial and technology applications. The report stated that "prices of three niche elements — tungsten, sulfur, and helium — have climbed sharply in recent weeks," with increases in some cases exceeding those seen in oil markets. Analysts cited in the report said, "While the Chinese supply chain is being viewed as more resilient than many peers, the risk of disruption in chemicals as raw materials for manufacturers in selected segments is higher than expected based on the feedback." The report also noted that China had increased restrictions on exports of certain materials, including tungsten and sulfur-related products, while helium imports had risen significantly in recent years. <a href="https://finance.yahoo.com/personal-finance/investing/article/gold-price-today-wednesday-april-1-gold-strengthens-after-trump-shares-war-exit-timeline-111116980.html">A report published April 1 by Yahoo Finance stated that gold futures</a> had "opened at US$4,698.40 per troy ounce…0.4% higher than Tuesday's closing price," with prices rising above US$4,700 in early trading. The report linked price movements to geopolitical developments, stating that gold had "strengthened after President Trump said the U.S. will exit the Iran war within two or three weeks," while also noting that "the status of the Strait of Hormuz remains a wild card." The report added that the waterway had previously handled 20% of the world's oil supply and that its closure had been "a primary factor in rising oil prices," highlighting the connection between energy markets, interest rate expectations, and gold demand. <h2 style="text-align: center;" data-start="0" data-end="74">Commercial Production and Drilling Activity Highlight Operational Progress</h2> <a href="https://www.streetwisereports.com/article/2026/02/05/gold-and-silver-co-upgraded-following-del-toro-acquisition.html?utm_medium=feed" target="_blank" rel="noopener">Matthew O'Keefe of Cantor Fitzgerald wrote on January 12 that the company's declaration of commercial production represented "a significant milestone" </a>as it signaled a transition from construction and commissioning into steady operations. He reported that 20,000 ounces of gold were poured and US$73 million in sales were recorded, while maintaining a Buy rating and a CA$2.50 price target. <a href="https://www.streetwisereports.com/article/2026/01/21/gold-miner-reaches-commercial-production-at-mine-in-ontario.html?utm_medium=feed" target="_blank" rel="noopener">Taylor Combaluzier of Red Cloud Securities wrote on January 13 that he also maintained a Buy rating with a CA$2.30 target.</a> He referenced fourth-quarter production of 7,379 ounces at an average grade of 5.06 g/t Au and a 95% recovery rate. He added that the company ended the year with CA$46 million in cash and receivables and identified ongoing infill and regional drilling results, along with continued ramp-up at the Madsen mine, as near-term developments to monitor. In the January 13 edition of What Is Chen Buying? What Is Chen Selling?, Chen Lin wrote that "WRLG.v, the up-and-coming producer, reached commercial production," and noted the company had "40+ million in the bank." He described the period as challenging and stated that the next key step would be achieving free cash flow from operations. Lin also wrote that the company could become "an easy takeover target if their share price does not appreciate fast from here," and did not assign a formal rating or target. <a href="https://www.streetwisereports.com/article/2026/01/21/gold-miner-reaches-commercial-production-at-mine-in-ontario.html?utm_medium=feed" target="_blank" rel="noopener">Robert Sinn wrote on January 14 that the Madsen Mine reached commercial production as of January 1.</a> He reported that the mill processed an average of 689 tonnes per day in December, equivalent to 86% of permitted throughput, and that "3,215 ounces of gold [were] poured." He also noted that recent gold sales were "north of US$4,600/oz," and did not provide a rating or price target. Attention later turned to drilling at Rowan. <a href="https://thegoldadvisor.com/paydirt-prospector/newsletters/our-new-gold-pick-hits-the-ground-running-in-colombia-plus-news-from-four-more-stocks/" target="_blank" rel="noopener">In a February 19 update for The Gold Advisor, Jeff Clark and Daniel Flynn wrote,</a> "Another week, another solid set of assays from drilling at West Red Lake Gold's Rowan deposit in Ontario's Red Lake District." They highlighted results from Vein 006b, including 1 meter grading 84.3 g/t gold in Hole RLG-25-198 and 5.5 meters grading 14.42 g/t gold in Hole RLG-25-201. They noted that while these intercepts did not match a previously reported 141.5 gram-meter intercept from Vein 013, they remained relevant to development plans. Clark and Flynn stated that Rowan, located about 80 kilometers from Madsen, was being advanced as part of a hub-and-spoke approach, with Madsen acting as a central processing hub and Rowan contributing high-grade material. They wrote that drilling was focused on upgrading resources and expanding key veins, particularly Veins 006b and 013, ahead of a combined pre-feasibility study. They added that recent Vein 006b results, together with earlier Vein 013 intercepts, supported confidence in grade continuity and potential inclusion of these veins in future resource updates and the pre-feasibility study. They also stated that expanding the number of mineable veins could influence project economics, while consistent high-grade results across a broader area suggested additional expansion potential through further drilling. Clark and Flynn noted that the market appeared to be waiting for larger catalysts, stating that the stock increased about 1% following the news. They maintained a "BUY" recommendation and wrote that Vein 006b was emerging as a potential high-grade contributor to the future mine plan. They also stated, "As a reminder, WRLG's longer-term goal is to build a 100,000 oz/year production platform in Red Lake. That, among other things, makes the stock a Buy," and added that after a 15% pullback since prior assay results, the shares offered an entry point ahead of upcoming developments. <a href="https://vblgoldfix.substack.com/p/wrlg-and-peers-side-by-side?utm_source=post-email-title&amp;publication_id=456345&amp;post_id=190492072&amp;utm_campaign=email-post-title&amp;isFreemail=true&amp;token=eyJ1c2VyX2lkIjoyOTEyNDE0OTEsInBvc3RfaWQiOjE5MDQ5MjA3MiwiaWF0IjoxNzczMTQxNTkxLCJleHAiOjE3NzU3MzM1OTEsImlzcyI6InB1Yi00NTYzNDUiLCJzdWIiOiJwb3N0LXJlYWN0aW9uIn0.qSxLyOSHSCo6KCEs3Bn-av-Qrgn6wGAxj6jt7--Imjw&amp;r=4tebdf&amp;triedRedirect=true&amp;utm_medium=email" target="_blank" rel="noopener">In a March 10 report titled WRLG & Peers Side by Side, VBL wrote that the company stood out due to "asset quality, timing, and leverage to gold."</a> The report described the situation as tied to the restart of the historic high-grade Madsen Mine in Ontario's Red Lake district, which had previously produced more than two million ounces of gold. It noted that existing infrastructure could reduce both restart costs and timelines. VBL also referenced what it described as a production inflection point, stating that the transition from developer to producer was a phase that "often drives the largest valuation change because the business moves from a concept to a cash-flowing operation." The report added that exposure to the gold price was supported by the high-grade nature of the underground operation and noted that expansion potential could come from nearby deposits, including Rowan. It also stated that relatively few high-grade mines in stable jurisdictions can be restarted quickly. The report outlined several risks, including operational ramp-up risk, grade reconciliation risk, financing risk, single-asset exposure, and underground mining complexity. It stated that lower-than-expected throughput, grades, or recoveries could increase costs, while discrepancies in grade reconciliation could impact mine economics. It also noted that extended timelines to stabilize production could require additional capital and that the company remained largely dependent on a single mine. <a href="https://thegoldadvisor.com/paydirt-prospector/newsletters/strong-updates-from-6-stocks-as-volatility-creates-opportunity/" target="_blank" rel="noopener">In a March 26 report, Jeff Clark and Daniel Flynn stated that infill drilling at the Fork deposit was intended to support a future development decision,</a> writing that "the latest drilling is aimed at increasing confidence in that resource ahead of a future development decision." They indicated that recent results, although narrower and lower grade than some historical intercepts, continued to align with expectations, noting that "they still support that broader picture." Reported highlights included "1m @ 41 g/t gold, including 0.5m @ 77.8 g/t gold" and "4.5m @ 5.8 g/t gold." In the same March 26 report, geologist Sharyn Alexander wrote that "the key takeaway is continued de-risking," and added that "the results strengthen confidence in both grade and vein continuity, which are critical for mine planning and extraction." She further stated that "infill success reduces uncertainty and moves Fork closer to a development decision." Clark and Flynn maintained a "BUY" recommendation in the March 26 report. [OWNERSHIP_CHART-5614] <h2 style="text-align: center;" data-start="2446" data-end="2493">Project Milestones and Development Timeline</h2> <a href="https://westredlakegold.com/wp-content/uploads/2026/01/2026.01.20.pdf" target="_blank" rel="noopener">According to the company's investor presentation</a>, the Rowan Project is associated with a series of development activities and timelines tied to drilling, studies, and production planning. A 5,000-meter drill program included infill drilling on Vein 006b, which is described as the third-largest resource vein, as well as extension drilling on Vein 001. The program also fulfilled geotechnical and metallurgical requirements for pre-feasibility study work. The project outlines a goal of achieving production in 2028, according to the company's investor presentation. <h2 style="text-align: center;">Ownership and Share Structure1</h2> Institutional investors hold approximately 30% of West Red Lake Gold's shares, with insiders and advisors holding another 10%. The remaining 60% is held by retail investors. The company's current market cap is CA$518.75 million, with a 52-week trading range of CA$0.54 to CA$1.49. <a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a>Important Disclosures:<ol> <li>West Red Lake Gold Mines 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 West Red Lake Gold Mines.</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> For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting" target="_blank" rel="noopener">here.</a> 1. Ownership and Share Structure Information 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.<img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=30878"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=30878" width="0" height="0"> ( Companies Mentioned: WRLG:TSX.V; WRLGF:OTCQX; UJO:FSE, ) WRLG:TSX.V; WRLGF:OTCQX; UJO:FSE Tue, 07 Apr 2026 00:00:00 PST Oil Be Back! https://www.streetwisereports.com/article/2026/04/06/oil-be-back.html Source: <a href="https://www.streetwisereports.com/article/2026/04/06/oil-be-back.html?utm_medium=feed">Michael Ballanger 04/06/2026</a> Michael Ballanger of GGM Advisory Inc. shares his view on the current state of the markets, specifically looking at oil.Back in the 1970's, as I was toiling diligently within the halls of Saint Louis University to complete my business degree, I witnessed long line-ups of frustrated drivers waiting diligently for the arrival of the tankers to re-fill the empty reservoirs at gas stations around the city. In fact, with then-President Richard Nixon battling to preserve his presidency, the S&P 500 was in slow but perpetual decline, dropping 41.9% in the same period. When I first entered into the Canadian securities industry in the spring of 1977, veteran stock salesman at my firm would relay stories of the Great Bear Market of 1973-1974 when the vast majority of those living the good life in the Go-Go Sixties were forced to sell cottages in Muskoka and homes in Toronto's upscale Forest Hill neighbourhood after their clients (and their six-figure incomes) vacated the premises. In fact, as empty were the reservoirs at gas stations in 1974, equally empty were the bank accounts of customers the world over that stayed focused on the "Nifty Fifty" group of stocks (IBM, Coca-Cola, and MacDonald's), all of which crashed and burned along with the net worth statements of securities executives. <img class="No_img_class" src="https://www.theaureport.com/images/auto_up/202646101902_1.png" alt="" width="624" height="222" /> I have relayed before the story of a now-defunct brokerage firm, once considered a boutique on Bay Street, that had the most ostentatious of offices proudly situated at Bay and Bloor in 1972, rip out the offices and then state-of-the-art telephone systems only to replace them with a bank of pay phones so that the brokers (now cab drivers) could call what few clients that remained active while they ate their brown-bag lunches, cabs dutifully parked on the street below. Kiddies with securities licenses today can be found flipping "AI" stocks or crypto ETF's, happy to use any utterance by a Fed official or an market-obsessed president vaguely tinged with "stimulus" as an excuse to "BUY BUY BUY!" all the while they trot out their business cards with the term "wealth manager" or "retirement specialist" or "portfolio manager". Not one of these kiddies has ever endured anything resembling the 1973-74 bear market that mauled investors with little of no respite for twenty one months — six-hundred and thirty days of financial agony as loss after loss ate away at savings, nest eggs, and once-mighty retirement accounts. The look on the faces of salesmen (as opposed to "financial advisors") that endured that horrific period is a telling one as their eyes glaze over and they stare off into the distance while recounting tale after tale of heartbreak and ruin of someone they knew during the good times. While there are some that point to Watergate as the culprit that ushered in the bear, there was really only one perpetrator of the crime and that was a massive spike in the price of oil. However, while the explosion in oil prices from $4.00 to $34.00 in the early 70's was the initial drivers for inflation, the Fed was behind the curve by about a country mile, failing to take notice of the escalating gold price which had been freed from its dollar peg by Nixon in 1971. As Americans struggled to keep their cars on the road without sacrificing their grocery budget or mortgage payment, there were a group of very savvy investors that were able to quickly make the transition from "blue-chip brokers" to "resource players" such that by the time I joined the industry in 1977, there salesmen driving the big new cars and buying all the power-of-sale cottages in Muskoka were wearing Stetsons and talking about "West Pembina" and "Dome Petroleums" while seated inconspicuously at the back of the brokerage bullpen. Adorned in tweed or leather blazers and wearing colourful ties or ascots, there were no pin-striped suits or Buster Brown shoes and nobody talked about bonds or blue-chip stocks. The action was in the junior oils and to a lesser degree in the gold miners (particularly the South Afrikaan gold miners) that were all rising as quickly as were the prices for oil and gold and the U.S. inflation rate. <img class="No_img_class" src="https://www.theaureport.com/images/auto_up/202646101931_2.png" alt="" width="624" height="278" /> Today in April 2026, CNBC is still locked in the daily drone of coverage for all of the companies that led investors during the bull market that actually ended in October of 2025. Sadly, as is the case with all bull markets that end, investors (and the financial news media) are still anchored in past glories and bygone victories. In fact, on Friday, I heard an analyst still talking about the "AI buildout" some five months after Nvidia Corp. (NVDA:NASDAQ)hit its all-time high above $212. Down 6.48% year-to-date and 16.40% from its ATH, the poster child for the last bull market is barking a different story as missiles fly in the Middle East. If there is one lesson taught with cruel intent and debilitating discipline, it is that one should never stay too long at any party, particularly one that has the host walking around constantly telling you what a great time you (and everyone else) is/are having as you are weaving your way to the lavatory to relieve yourself of some Russian caviar and French champagne. That is exactly what CNBC does every day of the week. They are constantly reminding investors of "what is working" or, in other words, "what you're missing" as the colour commentators (nee "book pumpers") hold centre stage. I cite as a perfect example of the CNBC playbook the example of oil and gas stocks thus far in 2026. All through the month of January, you could find nary a segment in which CNBC (or Bloomberg, for that matter) covered the energy names. If anyone mentioned Exxon or Haliburton, they were summarily dismissed as being "irrelevant" because a) no one cares and b) there were zero oil & gas advertisers filling CNBC's coffers (with vastly more emphasis on (b) than (a)). Then as suddenly as hypersonic missile hit U.S. bases in the Middle East, oil was at $120 with CNBC dusting off ancient Rolodexes to try to hunt down somebody — anybody — that could talk quasi-intelligently about energy. <img class="No_img_class" src="https://www.theaureport.com/images/auto_up/202646101959_3.png" alt="" width="624" height="278" /> This a classic example of why outlets like CNBC should be avoided like the Bubonic plague; they are 100% reactive and 0% predictive to market-impacting events. I hold out as evidence the case of gold-versus-Bitcoin in January. The precious metals have been outperforming Bitcoin for what seems like ages while in reality, the break started only last October. Yet despite this obvious outperformance by gold (and even greater using the gold mining stocks), CNBC continues to trot out crypto "experts" like Tom Lee hour after hour and day after day who constantly prattle on about "dollar cost averaging" and "long-term returns" whereas phrases like "crushing it" and "face-ripping rally" (in reference to owning Bitcoin) are now absent from the discussion. If I am able to listen to the CEO of Agnico Eagle Mines Ltd. (AEM:TSX; AEM:NYSE) or Newmont Corp. (NEM:NYSE; NGT:TSX; NEM:ASX) as much as once in the quarter let alone the month, it would go down in MSM history books. So, it is now the second quarter of 2026 and the Middle East is ablaze while oil hums along at $112/bbl. The last time there as an oil shock anywhere close to this one it brought on a 25% drop in the S&P 500 against a 35% spike in oil. That was in 2022-2023 after the Russians made their move on the Ukraine followed by then-President Biden stealing their U.S. dollar reserves. <img class="No_img_class" src="https://www.theaureport.com/images/auto_up/202646102027_4.png" alt="" width="624" height="278" /> Fast forward to April 2026 and we have the mighty S&P 500 off a paltry 6% from its all-time high registered on January 28th at 7,002.28. Oil is up 105.5% in the same time period, an advance over three times the advance in 2021-2022. Now retrograde to 1973-1974 with oil rising over eightfold due to the Arab Oil Embargo and consider the 41.9% drop during that oil-inspired bear market. <img class="No_img_class" src="https://www.theaureport.com/images/auto_up/202646102047_5.png" alt="" width="624" height="278" /> As an arbiter of global growth and economic health, I entitled this missive "Oil be back!" so as I am mulling over the tone and content of my current portfolio, I am forced kicking and screaming to look at the measly 6% feather-dusting of the S&P 500 against the sledgehammer pounding in 1973-1974 and wonder what happens to failed automakers like Tesla Inc. (TSLA:NASDAQ) when markets finally wake up. I am always drawn to statements repeated over and over ad nauseum from "legendary investor Warren Buffett" where he states that "you won't find out who is swimming naked until after the tide goes out" as an obvious allegory to finding out which companies are real and which companies are "phonies" only after the "irrational exuberance" vacates markets. TSLA:US has been riding the wave of cult-follower exuberance as those who view Elon Musk as the arrival of the next Messiah continue to bid up shares of his failed (and failing) EV manufacturer. On Thursday, I watched with glee as the company once again missed its number delivering 358,023 vehicles in Q1 2026, falling short of the analyst consensus of roughly 368,000 to 381,000 units. The company produced 408,386 vehicles, leaving a gap of more than 50,000 unsold cars added to its inventory. (Analysts view this "inventory build" as a sign of softening demand and a growing imbalance between supply and sales.) CNBC has colour commentators continually chirping up the "Elon Effect" day after gruelling day resulting in regularly-scheduled short squeezes rescuing moving average trend lines and other technical support levels with mind-numbing frequency and predictability. However, on Thursday as the investing world headed into Good Friday and the Easter long weekend, markets punished Mr. Musk and the indestructability of his brand by slamming TSLA:US by 5.42% on the session making the YTD decline now 17.34%. <img class="No_img_class" src="https://www.theaureport.com/images/auto_up/202646102113_6.png" alt="" width="624" height="375" /> For me, TSLA:US represents everything I absolutely loathe about today's markets. This is a classic case of group manipulation where the government chooses a prodigal son (like Elon) and anoints him with anti-regulatory immunity and then holds him out as a shining example of American ingenuity and entrepreneurialism while he violates rule after rule while in total defiance of regulatory requirements and corporate governance. Why? It is because for all his faults, flaws, and foibles, Elon makes people money and a great deal of it. Because investors care not a whit as to the "how" (he makes his dough), they care only about the "how many", as in, dollars he puts in their pockets with his antics which have gone from the ridiculous to the sublime in recent months. <img class="No_img_class" src="https://www.theaureport.com/images/auto_up/202646102141_7.png" alt="" width="624" height="375" /> As a self-confessed bear on shares in TSLA:US (I own the T-Rex 2X's Inverse Tesla Daily Target ETF (TSLZ:US)), I have told subscribers that they should probably ignore my predilection for pain because I have ridden this ETF from $27 to under $10 and after averaging down (with great trepidation and ample doses of Jack Daniels and Percocet), I am now only mildly underwater but more optimistic today than I have been at ay time in the past year. I have told subscribers that I own it "on principle alone" and that I will not cover until I watch TSLA:US break down through $100. Since it closed at $360.59, the funny sounds you are hearing out there are the shrieks of laughter from my subscriber base when they read that I am calling for "sub-$100" on the world's most overpriced automaker whose lunch is being heartily consumed by competitors BYD and Xiaomi (both Chinese). As is always the case when this writer becomes obsessed with a whacked-out idea — caveat emptor. <h2 style="text-align: center;">Gold Price</h2> <img class="No_img_class" src="https://www.theaureport.com/images/auto_up/202646102215_8.png" alt="" width="624" height="272" /> Shifting to the metals, followers of this author will find it no surprise that I have been a stalwart bull on the gold market since launching the GGM Advisory back in 2020. I exited the senior and junior gold ETF's far too early in 2024 but remained long a basket of the junior gold and junior copper developers until last month when I bit the bullet hard (almost breaking two molars and one incisor) and bought June call options on both the GDX:US and the GDXJ:US, two ETF's that have over the years treated me lavishly. When asked why I would make such an insane move when it is so obvious that we have seen "generational highs" in both gold and silver in January, I responded by pointing to the chart of gold from 1920 until today, drawing reference to the mid-70's when a 50% correction took gold down from $190 to $100 in a couple of months before resuming its bullish configuration. Non-believers back then took handsome profits from the lows of $35 in 1971 by generating a 5.71 times return. However, if one bought the lows in 1976, they took a ride of 8.57 times their investment by 1980. I believe that the recent correction from $5,626 to $4,138 (∞ 25%) was enough to qualify as a "mid-course correction" in the journey to much higher prices. I have never veered from my conviction that the 8,133 metric tonnes of gold allegedly held in trust by the Federal Reserve will be revalued in order to collateralize the massive (and growing) national debt estimated to be today approaching USD $40 trillion. Representing some 286 million ounces of gold, to fully back that debt with the U.S. gold reserve, the price would need to be pegged at USD at $139,860 per ounce. Now, perhaps a less-rabid figure of 10% of the national debt might be somewhat less "controversial" but even at that, it comes to $13,986 per ounce, a figure roughly three times the current price. As a comparative, when I launched the first Forecast Issue back in January 2020, the 10% figure was $8,741 per ounce with gold quoted at around USD $1,500 per ounce. The gold price required to back 10% of the current debt load has risen 600% in six years which is a sad and very disturbing testimonial to the state of America's balance sheet. As a result, I started with the VanEck Senior Gold Miner ETF (GDX:US) putting out a "BUY" the weekend of March 20th and actually taking a position in the GDX June $75 calls at $10. I followed up later that week with the Van Eck Junior Miners ETF (GDXJ:US) June $115 calls at $10 while missing my entry level for the actual entry for the ETF's themselves. <img class="No_img_class" src="https://www.theaureport.com/images/auto_up/202646102245_9.png" alt="" width="624" height="570" /> The chart shown above was posted on Friday March 20th and you can see that the price action was indeed vintage "bottoming action" with RSI sub-30, and MACD and MFI plunging into deeply oversold territory at the time. That, coupled with the absolute delight by financial commentators the world over, spelled "BUY". Longer-term, while the correction was shorter and of milder amplitude than 1976, I believe in principle that it was what was required in order to augment and extend the bull market that began in earnest on December 4th 2015 at $1,045 per ounce. Why do I know this? For the first time since the creation of CNBC in 1988, the "Cartoon Network" was covering gold and particularly silver every day on an hourly basis for the last two weeks in January while it was apparent that none of the anchors or colour commentators (except Guy Adami and Rick Santelli) owned as much as a sliver of either metal. That was the ultimate tip-off but the concrete confirmation came in the first few days of February when the entire CNBC newsroom was cheering at the crash in silver, failing to mention that even after the crash, silver was still outperforming the S&P by a fairly wide margin. Time, as they say, to "back up the truck", which I did. <img class="No_img_class" src="https://www.theaureport.com/images/auto_up/202646102310_10.png" alt="" width="624" height="278" /> As for the was in the Middle East, the markets listened to the boasting, bragging, bluster, and bravado of the American president on Wednesday evening and decided that it was not all as advertised because they took stocks apart on Thursday morning. However, as the day wore on, it became apparent to many that the American resolve is starting to flag as Trump told the world that "it will all be over in 2-3 weeks" so as markets are prone to do, they started to look out to a post-war scenario of weakening economies, higher inflation, fewer rate cuts and a burgeoning U.S. budget deficit and determined that what this virtually guaranteed, rather than a recession, was the arrival of the highly predictable fiscal stimulus that literally always materializes before the bear market cancer can metastasize. For those bears out there, remember that lower economic activity during recessionary periods equals lower tax revenues and with the problem being faced by Treasury Secretary Scott Bessent, recession is not an option. Since stimulus equals more debasement, a lower dollar and higher commodities are in the cards and on the table. I reject the call for a return of the "Thundering Herd" once this stimulus arrives because we have been seeing this gradual but accelerating rotation out of tech (AI and Crypto) into hard assets since last fall. I see any new stimulus initiatives lighting a fire under the metals, food, and natural gas (which is cheap) rather than the ones that "worked" during the post-April lovefest last year... Despite the longer-term bearish implications for stocks brought about by the oil spike, the short-term will be dominated by policy moves by the White House aimed at winning the November mid-terms and these policy moves will be centred around a rising stock market and global growth. The sacrificial lambs will be the U.S. dollar and long-term bonds which make it a breeding ground for the gold bugs, an environment well-covered by the GGM Advisory. As you are sitting down for Easter dinner this weekend, remember that old and wonderful Irish prayer: "May I find myself in Heaven one hour before the Devil knows I'm dead." <a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a>Important Disclosures:<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 Agnico Eagle Mines Ltd. and Tesla Inc., </li> <li>Michael Ballanger: I, or members of my immediate household or family, own securities of: The Van Eck Junior Gold Miners ETF. My company has a financial relationship with: None. My company has purchased stocks mentioned in this article for my management clients: None. 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> For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting" target="_blank" rel="noopener">here.</a> Michael Ballanger Disclosures This letter makes no guarantee or warranty on the accuracy or completeness of the data provided. Nothing contained herein is intended or shall be deemed to be investment advice, implied or otherwise. This letter represents my views and replicates trades that I am making but nothing more than that. Always consult your registered advisor to assist you with your investments. I accept no liability for any loss arising from the use of the data contained on this letter. Options and junior mining stocks contain a high level of risk that may result in the loss of part or all invested capital and therefore are suitable for experienced and professional investors and traders only. One should be familiar with the risks involved in junior mining and options trading and we recommend consulting a financial adviser if you feel you do not understand the risks involved. <img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=30903"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=30903" width="0" height="0"> Mon, 06 Apr 2026 00:00:00 PST Mining Explorer Finds High-Grade Copper-Gold Potential in Sonora https://www.streetwisereports.com/article/2026/04/06/mining-explorer-finds-high-grade-copper-gold-potential-in-sonora.html Source: <a href="https://www.streetwisereports.com/article/2026/04/06/mining-explorer-finds-high-grade-copper-gold-potential-in-sonora.html?utm_medium=feed">Streetwise Reports 04/06/2026</a> Algo Grande Copper Corp. (ALGR:TSX.V) reveals a large copper-silver-gold skarn system in Sonora, with porphyry upside and Phase 2 drilling set to drive growth.<a href="https://www.streetwisereports.com/pub/co/11488?utm_medium=feed" target="_blank" rel="noopener">Algo Grande Copper Corp. (ALGR:TSX.V) </a>has released results from its Cerro Grande Skarn Phase 1 drill program, part of the company's Adelita Project in Sonora, Mexico. On April 2, 2026,<a href="https://www.accessnewswire.com/newsroom/en/business-and-professional-services/algo-grande-reports-results-from-completed-phase-i-drill-program-1154479" target="_blank" rel="noopener"> Access Newswire reported</a> assay results from the company's exploration of the three remaining drill holes in its inaugural drilling program. Algo Grande's earlier tests suggested a thicker skarn than originally anticipated, so the company drilled further and "confirm[ed] the presence of an outcropping, vertically extensive copper-silver-gold skarn system, with increasing evidence supporting a genetically related porphyry system at depth," according to Access Newswire. Holes AG_GC_001 through AG_GC_004 were tested, with mineralization present in all four, though hole AG_GC_003 was the most promising, even though the company could not reach the target zone due to drilling deviation. <a href="https://www.accessnewswire.com/newsroom/en/business-and-professional-services/algo-grande-reports-results-from-completed-phase-i-drill-program-1154479" target="_blank" rel="noopener">Algo Grande's report stated</a>, "Several molybdenum-bearing intervals (AG_GC_002: 288.40 m to 289.44 - 1.04 m @ 1440 Mo; 333.0m to 333.8m - 0.8 @ 2820 Mo; 545.83m - 546.35 0.52m @ 1000 ppm Mo; AG_GC_004: 274.5 -275.4 0.9m @ 521 ppm Mo) have been identified across the drill holes, with values reaching up to 2,820 ppm on AG_GC_002 and above 500ppm on AG_GC_004. These intervals are spatially distinct from the highest-grade copper-silver-gold skarn mineralization and are commonly associated with intrusive phases, including andesitic porphyry fingers and potassic alteration halos around quartz-calcite veins." These discoveries have led the company to launch a district-scale exploration across the Adelita Project, with the Phase 2 drill program scheduled to begin in May of this year. The program will focus on expanding known skarn horizons and testing porphyry targets with deeper drilling. The company also hopes to test newly defined district-scale targets. Algo Grande Copper Corp. is a Canadian exploration company focused on testing overlooked, potentially high-value properties in North America, with current projects centered in Mexico. The company partners with Megaw Exploration Associates (MXA) for operational support. <h2 style="text-align: center;">Potential Copper Values Amid War</h2> While discussing metal values in the wake of the U.S.-Iran War on April 1, 2026, <a href="https://www.livewiremarkets.com/wires/strong-commodity-prices-suggest-sell-off-in-mining-stocks-overdone?shem=dsdf,sharefoc,agadiscoversdl,,sh/x/discover/m1/4" target="_blank" rel="noopener">Barry Fitzgerald of Livewire Markets discussed copper's future</a>. "Copper in particular seems well placed despite a stock build-up due to non-war factors. China, the biggest copper consumer, has reported stronger growth, and Chile, the world's biggest producer, has reported its lowest copper output in nine years." He acknowledged that copper is currently sitting at a historically high price despite its drop in the past week. President Trump announced a <a href="https://www.mining.com/web/trump-revamps-steel-aluminum-copper-tariffs-but-keeps-50-rate/" target="_blank" rel="noopener">restructuring of metals tariffs</a> on Thursday, April 2, 2026. The goal was to simplify the importation process for suppliers by lowering tariffs for goods with copper, steel, or aluminum below 15% and foreign goods using entirely American-made metals at 10%. The market temporarily adjusted to this news. "Comex copper rose as much as 1.4% right after the announcement before giving back the gain to trade 0.5% lower late afternoon Thursday in the U.S.," <a href="https://www.mining.com/web/trump-revamps-steel-aluminum-copper-tariffs-but-keeps-50-rate/" target="_blank" rel="noopener">according to Bloomberg News</a> on April 2, 2026. On April 4, Chen Lin of What is Chen Buying? What is Chen Selling? reported that, "Copper remained broadly stable during the week, edging up 0.8%, after indications that the U.S.-Iran conflict could be resolved within a few weeks, coupled with a softer dollar. However, the broader trend remains cautious." <h2 style="text-align: center;">Some Experts Are Buying Algo Grande Shares</h2> <a href="https://www.streetwisereports.com/article/2026/04/02/copper-corp-advances-high-grade-porphyry-skarn-system-led-by-young-innovative-team.html?utm_medium=feed" target="_blank" rel="noopener">Robert Sinn of Goldfinger Capital called Algo Grande a 'new favorite'</a> in a contributed opinion article for Streetwise Reports on April 2, 2026, saying he looked forward to an expected aggressive news cycle from the company over the next several months. Sinn stated he had used the recent market correction to initiate a position in Algo Grande's shares. 1Even before the company's announcement on Phase 1 results, <a href="https://www.streetwisereports.com/article/2026/02/17/a-phase-two-copper-gold-drill-program-and-bullish-charts-is-it-time-to-buy.html?utm_medium=feed" target="_blank" rel="noopener">Technical Analyst Stewart Thomson shared his opinion on Algo Grande</a> in a February 17, 2026, contributed opinion for Streetwise Reports. Thomson called the company's limited number of shares outstanding and percentage of insiders and strategic investors in the stock 'impressive', giving a 'Speculative Buy' rating. He projected Algo Grande's stock to have a short-term technical price target of CA$1.00 and a long-term technical price target of CA$6.00. The stock is trading at CA$0.68 as of April 6, 2026. [OWNERSHIP_CHART-11488] <h2 style="text-align: center;">Catalysts</h2> <a href="https://drive.google.com/file/d/15fENdrT-PsVccz8H65udgE8OcDCrqxtB/view" target="_blank" rel="noopener">Algo Grande's investor presentation</a> outlines its plans for the next year, with advancing its secondary targets of Las Tabias, Las Trancas, and Mezquital via mapping and sampling intended to begin in Q2 2026. These plans will occur in conjunction with licensing a wide Lidar Survey and a Drone Magnetic Survey. In Q3 and Q4, the company intends to initiate Phase 2 on the Cerro Grande site via a 10,000-meter drill program targeting skarn zones with the highest potential and completing metallurgical sampling in the same area. At the same time, Algo Grande plans to use this year's fieldwork findings to finalize porphyry and secondary target definitions at Metzquital and Las Trancas. <h2 style="text-align: center;">Ownership & Share Structure2</h2> Algo Grande Copper Corp. has a market cap of CA$28.4 million, with 39.9 million shares outstanding. The company's 52-week range is CA$0.13-CA$1.00. Management and Insiders own 52% of shares, while Strategic Investors own 8%. The remaining 40% of shares are Retail. <a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a>Important Disclosures:<ol> <li>Algo Grande Copper Corp. has a consulting relationship with Street Smart an affiliate of Streetwise Reports. Street Smart Clients pay a monthly consulting fee between US$8,000 and US$20,000.</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 Algo Grande Copper 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> 1. Disclosure for the quote from the Stewart Thomson article published on [Date] <ol start="1" type="1"> <li>For the quoted article February 26, 2026, Algo Grande Copper 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> For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting">here.</a> 2. Ownership and Share Structure Information 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.<img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=30900"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=30900" width="0" height="0"> ( Companies Mentioned: ALGR:TSX.V, ) Mon, 06 Apr 2026 00:00:00 PST Rare Earth and Graphite Assets in Brazil Offer Major Upside Potential https://www.streetwisereports.com/article/2026/04/06/rare-earth-and-graphite-assets-in-brazil-offer-major-upside-potential.html Source: <a href="https://www.streetwisereports.com/article/2026/04/06/rare-earth-and-graphite-assets-in-brazil-offer-major-upside-potential.html?utm_medium=feed">Heiko Ihle 04/06/2026</a> H.C. Wainwright initiated coverage on Atlas Critical Minerals Corp. (ATCX; NASDAQ), with a Buy rating and US$13.75 price target, highlighting the company's large-scale rare earth, titanium, and graphite claims in Brazil as a key beneficiary of Western supply chain diversification away from China.H.C. Wainwright initiated coverage on <a href="https://www.streetwisereports.com/pub/co/11215?utm_medium=feed" target="_blank" rel="noopener">Atlas Critical Minerals Corp. (ATCX; NASDAQ)</a> on April 6, 2026, with a Buy rating and a price target of US$13.75, representing approximately 142% upside to the April 2, 2026, share price of US$5.69. The firm 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. <h2 class="font-claude-response-body break-words whitespace-normal leading-[1.7]" style="text-align: center;">Company Overview</h2> Atlas Critical Minerals Corporation, formerly Jupiter Gold Corp. prior to its December 2024 rebrand, is a mineral exploration and development company headquartered in Belo Horizonte, Brazil. The company controls over 218,000 hectares of mineral rights across Minas Gerais and Goiás, targeting rare earth elements (REE), titanium, and graphite. Under the leadership of CEO Marc Fogassa, who simultaneously serves as Chairman and CEO of sister company Atlas Lithium Corporation (ATLX – Nasdaq; Buy, US$12.50 PT), the analyst believes ATCX is well-positioned to navigate the exploration-to-production process in Brazil. <h2 class="font-claude-response-body break-words whitespace-normal leading-[1.7]" style="text-align: center;">Key Projects and Exploration Results</h2> ATCX's flagship asset is the Alto Paranaíba Project in Minas Gerais, covering approximately 53,692 acres of mineral rights with a dual-commodity profile of high-grade REE and titanium. An initial drill program consisting of 13 holes totaling 144 meters and 178 analyzed samples returned highlights including 28,870 ppm Total Rare Earth Oxides (TREO) and 16.5% TiO₂ from a single surface sample. Notably, the use of thermal pre-treatment (roasting) produced recovery rates of 97.0% for Magnetic Rare Earth Elements (MREE), 95.2% for Light Rare Earth Elements (LREE), and 93.8% for Total Rare Earth Elements plus Yttrium (TREY), all materially above the 70–85% industry norm. Management currently estimates an average resource grade of approximately 4,818 ppm TREO and anticipates a total resource in excess of 2,000 Mt, with the company's maiden Mineral Resource Estimate (MRE) expected in late 2026. The Iporá Rare Earths Project in Goiás spans approximately 46,000 acres across 12 mineral rights within the Goiás Alkaline Province, an area also home to the Serra Verde rare earth mine, described as one of the only integrated REE operations outside of China. A field campaign conducted in mid-2025 returned up to 3,822 ppm TREO over 1 meter with metallurgical recoveries exceeding 60% for critical magnet rare earth oxides. The Malacacheta Graphite Project in Minas Gerais, covering 1,258 hectares, has produced graphite with 99.9995% carbon purity through non-chemical thermal refinement, meeting nuclear-grade specifications. The analyst notes that nuclear-grade graphite commands a significant pricing premium, estimated at US$25,000–US$35,000 per tonne versus US$2,000–US$2,400 for standard high-quality flake graphite, representing a 10–15x pricing opportunity. <h2 class="font-claude-response-body break-words whitespace-normal leading-[1.7]" style="text-align: center;">Revenue-Generating Operations</h2> A key differentiator for ATCX relative to standard junior explorers is its existing revenue base. The Rio Piracicaba iron ore asset in Minas Gerais operates under a lease arrangement whereby Vale serves as operator, handling all haulage and processing in exchange for royalty payments to ATCX. The site contains approximately 7.9 Mt of iron ore resources, and the company currently generates roughly US$1.2 million per year from this royalty arrangement. Operations commenced in late 2025, and management has initiated a process to expand the site's environmental license from 300,000 tonnes per year to 1.5 million tonnes per year. The company also owns a quartzite operation in Minas Gerais that was paused in 2025 but remains fully permitted, with production expected to resume in the near term. <h2 class="font-claude-response-body break-words whitespace-normal leading-[1.7]" style="text-align: center;">Geopolitical Backdrop and Brazil's Strategic Position</h2> The analyst places significant emphasis on Brazil's role as a global critical minerals supplier. Brazil holds the world's second-largest reserves of REEs, estimated at 21.0 million tonnes, and graphite, estimated at 74.0 million tonnes — making it the only country besides China with REE reserves exceeding 10.0 million tonnes. The analyst highlights ongoing discussions between the U.S. and Brazil regarding a formal critical minerals partnership, noting that China's aggressive rare earth export restrictions in late 2024 have accelerated Western interest in alternative supply chains. Brazil's energy grid, powered by approximately 88% renewable energy, is cited as an additional advantage for ESG-focused Western buyers. <h2 class="font-claude-response-body break-words whitespace-normal leading-[1.7]" style="text-align: center;">Valuation</h2> H.C. Wainwright's price target of US$13.75 is derived through a net asset value (NAV) framework. The primary driver is a conservative US$0.10 per tonne valuation applied to an estimated 770.2 Mt potential resource at Alto Paranaíba, yielding US$77.0 million. The firm also applies a DCF to iron ore royalty revenues, producing a present value of approximately US$8.3 million, and assigns a fixed value of US$50.0 million to the Malacacheta and Iporá projects. After adding cash of US$8.4 million and netting US$0.75 million in debt, total NAV reaches approximately US$143.0 million. Applying a 0.6x NAV multiple to account for the asset base's early-stage nature results in an attributable NAV of approximately US$85.8 million, or US$13.75 per share on a fully diluted basis of 6.2 million shares. <h2 class="font-claude-response-body break-words whitespace-normal leading-[1.7]" style="text-align: center;">Recent Developments</h2> On January 8, 2026, ATCX raised approximately US$11.0 million in gross proceeds through an IPO on the Nasdaq at US$8.00 per share, with US$1.0 million earmarked for drilling and studies at Malacacheta, US$500,000 for work at Alto Paranaíba and Iporá, and the balance supporting working capital. On March 10, 2026, ATCX announced the consolidation of an 11-kilometer graphite corridor. On January 26, 2026, the company reported high metallurgical recoveries via its roasting method. The stock previously reached a high of US$43.20 on October 6, 2025, before declining due to limited liquidity and dilution from the public offering. Risks The analyst identifies four primary risks: (1) liquidity risk stemming from the capital-intensive nature of exploration; (2) currency risk given ATCX's primary operations in Brazil and exposure to BRL/USD fluctuations; (3) technical risk, as there is no guarantee that viable mineral resources can be defined or converted to mineable reserves; and (4) commodity price risk, as valuations for iron ore, rare earths, and graphite remain outside the company's control and are subject to macroeconomic factors. <h2 class="font-claude-response-body break-words whitespace-normal leading-[1.7]" style="text-align: center;">Upcoming Catalysts</h2> The analyst identifies the maiden MRE for Alto Paranaíba, expected in late 2026, as the primary near-term catalyst. Additional exploration updates from Malacacheta and Iporá, growth in iron ore royalty revenues, and progress on the option agreement to acquire 60 additional mineral rights from Atlas Lithium covering copper, gold, nickel, graphite, REE, and titanium are also cited as potential positive catalysts. <a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a>Important Disclosures:<ol> <li>Atlas Critical Minerals 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 Atlas Critical Minerals Corp.</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> For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting" target="_blank" rel="noopener">here.</a> Disclosures for H.C. Wainwright & Co., Atlas Critical Minerals Corp., April 6, 2026 This material is confidential and intended for use by Institutional Accounts as defined in FINRA Rule 4512(c). It may also be privileged or otherwise protected by work product immunity or other legal rules. If you have received it by mistake, please let us know by e-mail reply to unsubscribe@hcwresearch.com and delete it from your system; you may not copy this message or disclose its contents to anyone. The integrity and security of this message cannot be guaranteed on the Internet. H.C. WAINWRIGHT & CO, LLC RATING SYSTEM: H.C. Wainwright employs a three tier rating system for evaluating both the potential return and risk associated with owning common equity shares of rated firms. The expected return of any given equity is measured on a RELATIVE basis of other companies in the same sector. The price objective is calculated to estimate the potential movements in price that a given equity could reach provided certain targets are met over a defined time horizon. Price objectives are subject to external factors including industry events and market volatility. RETURN ASSESSMENT Market Outperform (Buy): The common stock of the company is expected to outperform a passive index comprised of all the common stock of companies within the same sector. Market Perform (Neutral): The common stock of the company is expected to mimic the performance of a passive index comprised of all the common stock of companies within the same sector. Market Underperform (Sell): The common stock of the company is expected to underperform a passive index comprised of all the common stock of companies within the same sector. Related Companies Mentioned in this Report as of April/3/2026 Company Ticker H.C. Wainwright 12 Month Price Market Rating Price Target Cap Atlas Lithium Corporation ATLX-US Buy $12.50 $4.65 $126 Investment Banking Services include, but are not limited to, acting as a manager/co-manager in the underwriting or placement of securities, acting as financial advisor, and/or providing corporate finance or capital markets-related services to a company or one of its affiliates or subsidiaries within the past 12 months H.C. Wainwright & Co, LLC (the “Firm”) is a member of FINRA and SIPC and a registered U.S. Broker-Dealer. I, Heiko F. Ihle, CFA , certify that 1) all of the views expressed in this report accurately reflect my personal views about any and all subject securities or issuers discussed; and 2) no part of my compensation was, is, or will be directly or indirectly related to the specific recommendation or views expressed in this research report; and 3) neither myself nor any members of my household is an officer, director or advisory board member of these companies. None of the research analysts or the research analyst’s household has a financial interest in the securities of Atlas Critical Minerals Corporation and Atlas Lithium Corporation (including, without limitation, any option, right, warrant, future, long or short position). As of March 31, 2026 neither the Firm nor its affiliates beneficially own 1% or more of any class of common equity securities of Atlas Critical Minerals Corporation and Atlas Lithium Corporation. Neither the research analyst nor the Firm knows or has reason to know of any other material conflict of interest at the time of publication of this research report. The research analyst principally responsible for preparation of the report does not receive compensation that is based upon any specific investment banking services or transaction but is compensated based on factors including total revenue and profitability of the Firm, a substantial portion of which is derived from investment banking services. The Firm or its affiliates did not receive compensation from Atlas Critical Minerals Corporation for investment banking services within twelve months before, but will seek compensation from the companies mentioned in this report for investment banking services within three months following publication of the research report. The Firm or its affiliates did receive compensation from Atlas Lithium Corporation for investment banking services within twelve months before, and will seek compensation from the companies mentioned in this report for investment banking services within three months following publication of the research report. H.C. Wainwright & Co., LLC managed or co-managed a public offering of securities for Atlas Lithium Corporation during the past 12 months. The Firm does not make a market in Atlas Critical Minerals Corporation and Atlas Lithium Corporation as of the date of this research report. The securities of the company discussed in this report may be unsuitable for investors depending on their specific investment objectives and financial position. Past performance is no guarantee of future results. This report is offered for informational purposes only, and does not constitute an offer or solicitation to buy or sell any securities discussed herein in any jurisdiction where such would be prohibited. This research report is not intended to provide tax advice or to be used to provide tax advice to any person. Electronic versions of H.C. Wainwright & Co., LLC research reports are made available to all clients simultaneously. No part of this report may be reproduced in any form without the expressed permission of H.C. Wainwright & Co., LLC. Additional information available upon request. H.C. Wainwright & Co., LLC does not provide individually tailored investment advice in research reports. This research report is not intended to provide personal investment advice and it does not take into account the specific investment objectives, financial situation and the particular needs of any specific person. Investors should seek financial advice regarding the appropriateness of investing in financial instruments and implementing investment strategies discussed or recommended in this research report. H.C. Wainwright & Co., LLC’s and its affiliates’ salespeople, traders, and other professionals may provide oral or written market commentary or trading strategies that reflect opinions that are contrary to the opinions expressed in this research report. H.C. Wainwright & Co., LLC and its affiliates, officers, directors, and employees, excluding its analysts, will from time to time have long or short positions in, act as principal in, and buy or sell, the securities or derivatives (including options and warrants) thereof of covered companies referred to in this research report. The information contained herein is based on sources which we believe to be reliable but is not guaranteed by us as being accurate and does not purport to be a complete statement or summary of the available data on the company, industry or security discussed in the report. All opinions and estimates included in this report constitute the analyst’s judgment as of the date of this report and are subject to change without notice. Securities and other financial instruments discussed in this research report: may lose value; are not insured by the Federal Deposit Insurance Corporation; and are subject to investment risks, including possible loss of the principal amount invested. <img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=30898"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=30898" width="0" height="0"> ( Companies Mentioned: ATCX;NASDAQ, ) ATCX;NASDAQ Mon, 06 Apr 2026 00:00:00 PST New Plan for Pan American Mine Forecasts Massive Silver Profits https://www.streetwisereports.com/article/2026/04/06/new-plan-for-pan-american-mine-forecasts-massive-silver-profits.html Source: <a href="https://www.streetwisereports.com/article/2026/04/06/new-plan-for-pan-american-mine-forecasts-massive-silver-profits.html?utm_medium=feed">Adrian Day 04/06/2026</a> Global Analyst Adrian Day shares his thoughts on some developments with companies on his list.Pan American Silver Corp. (PAAS:TSX; PAAS:NYSE) released a revised Preliminary Economic Assessment of La Colorada Skarn deposit, transforming the huge project to smaller but lower-risk project with lower capex and higher leverage to silver. Using byproduct credit accounting, costs for the silver would be negative. Significantly, the revised plans, unlike the 2023 study, will not use block caving (a positive since few companies have expertise in that mining method), and also does not require a partner. The company had been in discussions with several companies for a partnership, to share the capital, with Pan Am aiming to retain the silver exposure. Pan American can internally fund the entire capex of $1.9 billion. CEO Michael Steinmann emphasized that the decision to go to a smaller project was not for lack of potential partner interest, but rather to build a lower-risk project that still delivered silver to the company. Typically, with deposits in Mexico's silver belt, there is higher-grade silver and some gold nearer the service, with more lead and zinc as the deposit goes deeper, and eventually copper, as the silver declines. Importantly, the new plan retains the option to expand the project, use block caving, and bring in a partner. Pan American estimates average silver production from the Skarn of almost 16 million ounces for the first five years, adding to the 3.3 million from the existing La Colorada mine, with a 37-year mine life. It would be operated in conjunction with the existing mine, transforming the combined La Colorada mine into one of the largest and lowest-cost silver mines in the world. After the first five years, production for the combined mine, drops to an average of 11 million annual ounces for the next 10 years, before declining for the rest of the mine life. Pan American has not yet targeted a date for production from the Skarn, but Steinmann said it will likely be "in or after 2027". The revised project represents about 5% of Pan American's NAV. We are holding. <h2 style="text-align: center;">Barrick to Slow Pakistan Project</h2> Barrick Mining Corp. (ABX:TSX; B:NYSE) is to slow development of Reko Diq, the massive copper project in Pakistan, according to an article in the Financial Times. According to the FT, Barrick has notified its partners of the decision, which was due to regional conflicts, the Pakistan-Afghanistan war, as well as the conflict in Iran, and specifically on-site security issues. Barrick confirmed the slowdown, adding it was extending the period for its review of the project until mid-2027. The slowdown may be a preliminary step towards a sale of Barrick's interest. Analysts expected a positive market response, since the project is not popular with institutional investors and was the primary cause of Barrick's relative undervaluation, leading to the proposal for an IPO of part of its North American business. The stock's response, however, was neither positive nor significant. Hold. <h2 style="text-align: center;">Metalla's Growth Gets Underway</h2> Metalla Royalty & Streaming Ltd. (MTA:TSX.V; MTA:NYSE American) released annual financials, broadly in line with expectations after pre-releasing GEOs and preliminary revenue. G&A expenses increased by about 27% over 2024, more than I had expected. Some mines on which it holds royalties have experienced slower ramp-ups than expected, but slowly the growth is coming into view. The company is guiding between 3,500 and 4,500 ounces for this year, which at the mid-point represents 16% growth on last year. Growth will then pick up in 2027. Metalla is at a self-described inflection point with several major projects hitting milestones, including First Quantum filing an updated technical report on Taca Taca, and IAMGOLD reporting extensive drilling at the Gosselin deposit, an extension to its Côté mine. Metalla ended the year with almost $10 million cash and just over $13 million drawn on its credit facility. At its lowest price since September, Metalla is a Strong Buy. <h2 style="text-align: center;">Orogen Reports Record Revenue</h2> Orogen Royalties Inc. (OGN:TSXV; OGNNF:OTC) reported record revenue of $13 million for the year ending December 31st, up 32% from 2024. Revenue from both the Ermitaño royalty and the company's prospect generation activities increased. As of year end, the company has $25.8 million, just slightly from the prior year. Using production guidance from First Majestic, operator of the Santa Elena complex in Sonora, Mexico, of which Ermitaño is a part, and using Orogen's estimate that 90% of this year's production will come from its royalty land, Orogen should receive between $7.1 million and $10.3 million in royalty revenue, at the mid-point down about $1 million from last year. (All numbers are in Canadian dollars.) Importantly, for the longer-term royalty revenue, First Majestic said it was conducting studies on developing both the Navidad and Santo Niño deposits this year. Both of these deposits are largely covered by Orogen royalties and more aggressive development by First Majestic will reduce the scale and length of a revenue drop for Orogen after Ermitaño depletes. Separately, insiders purchased 61,600 shares in the week from March 13th to 20th at prices between $2.82 and $3.26. It is good to see insiders buying; several directors and management are in the top 10 holders. Orogen is a Buy. <h2 style="text-align: center;">Ares Capital Hurt by Unaffiliated Fund Woes</h2> Ares Capital Corp. (ARCC:NASDAQ) fell sharply after one of the private funds issued by its sponsor, Ares Management, posted its sharpest monthly loss two days after limiting withdrawals from the fund. As discussed before (see Bulletin #1002), Ares Capital is separate from the private funds of Ares Management, but, as discussed, problems at Ares Management's private funds would harm perception and provide us with buying opportunities for Ares Capital. I am not asserting that if the economy deteriorates, Ares could not see lower income, forcing it to cut its dividend. But the yield would still be healthy and the recovery strong. And there is no current indication that Ares will cut its dividend. At an almost unprecedented discount to NAV (12%) and high yield (11%)–wider only in the depths of covid lockdowns and the Great Financial Crisis–this represents a buying opportunity for long-term income investors. <h2 style="text-align: center;">Altius' Arthur Royalty Deposit Advances</h2> Altius Minerals Corp. (ALS:TSX) received good news when AngloGold announced a technical report on its Arthur Gold Project (formerly Silicon) in Nevada. Last July, Altius sold a 1% royalty on Arthur to Franco-Nevada, retaining 0.5%. Anglo said the study showed "robust economics and strong potential", with All-In Sustaining Costs estimated at $954/oz, adding that the Arthur Project "is a cornerstone of our strategy to build a world-class, long-life production platform in the U.S." Most informed geologists are confident that the project will grow significantly over what has already been discovered and released. The Arthur royalty is but one of several cornerstone assets for Altius, leading us to make it a core holding, though it would look for a pullback to add to positions from this near-record stock price. TOP BUYS this week, in addition to those above, include Agnico Eagle Mines Ltd. (AEM:TSX; AEM:NYSE), Franco-Nevada Corp. (FNV:TSX; FNV:NYSE), OR Royalties (OR:TSX; OR:NYSE), Fortuna Mining Corp. (FSM:NYSE; FVI:TSX; FVI:BVL; F4S:FSE), Midland Exploration Inc. (MD:TSX.V), and Lara Exploration Ltd. (LRA:TSX.V). <a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a>Important Disclosures:<ol> <li>As of the date of this article, officers and/or employees of Streetwise Reports LLC (including members of their household) own securities of Pan American Silver Corp., Barrick Mining Corp., Metalla Royalty & Streaming Ltd., Orogen Royalties Inc., Altius Minerals Corp., Agnico Eagle Mines Ltd., Franco-Nevada Corp., OR Royalties, Fortuna Mining Corp., Midland Exploration Inc., and Lara Exploration Ltd. </li> <li>Adrian Day: I, or members of my immediate household or family, own securities of: All. My company has a financial relationship with: None. My company has purchased stocks mentioned in this article for my management clients: All. 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> For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting" target="_blank" rel="noopener">here.</a> Adrian Day Disclosures Adrian Day’s Global Analyst is distributed for $990 per year by Investment Consultants International, Ltd., P.O. Box 6644, Annapolis, MD 21401. (410) 224-8885. www.AdrianDayGlobalAnalyst.com. Publisher: Adrian Day. Owner: Investment Consultants International, Ltd. Staff may have positions in securities discussed herein. Adrian Day is also President of Global Strategic Management (GSM), a registered investment advisor, and a separate company from this service. In his capacity as GSM president, Adrian Day may be buying or selling for clients securities recommended herein concurrently, before or after recommendations herein, and may be acting for clients in a manner contrary to recommendations herein. This is not a solicitation for GSM. Views herein are the editor’s opinion and not fact. All information is believed to be correct, but its accuracy cannot be guaranteed. The owner and editor are not responsible for errors and omissions. © 2023. Adrian Day’s Global Analyst. Information and advice herein are intended purely for the subscriber’s own account. Under no circumstances may any part of a Global Analyst e-mail be copied or distributed without prior written permission of the editor. Given the nature of this service, we will pursue any violations aggressively. <img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=30897"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=30897" width="0" height="0"> ( Companies Mentioned: ALS:TSX, ARCC:NASDAQ, ABX:TSX; B:NYSE, MTA:TSX.V; MTA:NYSE American, OGN:TSXV;OGNNF:OTC, PAAS:TSX; PAAS:NYSE, ) Mon, 06 Apr 2026 00:00:00 PST Name Change, Share Consolidation, and US Clinic Strategy Signal Shift Toward Alzheimer's Diagnostics https://www.streetwisereports.com/article/2026/04/02/name-change-share-consolidation-and-us-clinic-strategy-signal-shift-toward-alzheimers-diagnostics.html Source: <a href="https://www.streetwisereports.com/article/2026/04/02/name-change-share-consolidation-and-us-clinic-strategy-signal-shift-toward-alzheimers-diagnostics.html?utm_medium=feed">Streetwise Reports 04/06/2026</a> Algernon Health (AGN:CSE; AGNPF:OTCQB; AGW0:XFRA) plans to rebrand to Grey Matters Health Inc. while advancing its Alzheimer's diagnostic strategy and U.S. clinic rollout.<a href="https://www.streetwisereports.com/pub/co/9895?utm_medium=feed" target="_blank" rel="noopener">Algernon Health (AGN:CSE; AGNPF:OTCQB; AGW0:XFRA)</a> reported <a href="https://www.algernonhealth.com/news-media/news-releases/detail/235/algernon-health-announces-proposed-name-change-to-grey" target="_blank" rel="noopener">that it intends to change its corporate name to "Grey Matters Health Inc." and has reserved the new trading symbol "GREY" with the Canadian Securities Exchange. </a>The company stated that new symbols for the OTCQB and Frankfurt exchanges will be provided at a later date. The company indicated that the planned name change reflects its expanding focus on the Alzheimer's disease diagnostic market and its plans to establish specialized brain PET scanning clinics across the United States under the NovaScan Neuroimaging ClinicsTM brand. The first clinic was recently announced to be located at the HCA University Medical Office Building on the campus of the HCA Florida University Hospital in Davie. The company noted that this transition follows its entry into the Alzheimer's diagnostic market in 2025. Algernon stated that the new name also maintains a connection to its existing drug development programs, including N-Dimethyltryptamine for ischemic brain stroke and traumatic brain injury, as well as Repirinast, a repurposed drug for chronic kidney disease. The company continues to hold a 20% ownership position in Seyltx Inc., a private U.S. drug development company advancing Ifenprodil in chronic cough, along with related intellectual property assets. Concurrently, the company announced a proposed consolidation of its Class A common shares on a ten to Spell out numbers 1-10 basis. The company currently has 54,182,431 common shares issued and outstanding, which would be reduced to approximately 5,418,243 shares following the consolidation, excluding fractional share adjustments. <a href="https://www.algernonhealth.com/news-media/news-releases/detail/235/algernon-health-announces-proposed-name-change-to-grey" target="_blank" rel="noopener">The company stated that both the name change and consolidation remain subject to approval by the Canadian Securities Exchange</a>. It added that a further news release will be issued upon receiving approval, including confirmation of the effective date. The company noted that its common shares are expected to begin trading on a post-consolidation basis after the exchange issues its final bulletin. It also stated that preferred shares, warrants, stock options, and restricted share units will be adjusted in accordance with their respective terms. The company indicated that, upon completion of the consolidation, registered shareholders will receive a letter of transmittal with instructions for exchanging their existing share certificates or DRS statements. It added that no action is required for non-registered shareholders who hold shares through an intermediary. <div class="flex flex-col text-sm pb-25"> <section class="text-token-text-primary w-full focus:outline-none [--shadow-height:45px] has-data-writing-block:pointer-events-none has-data-writing-block:-mt-(--shadow-height) has-data-writing-block:pt-(--shadow-height) [&:has([data-writing-block])>*]:pointer-events-auto scroll-mt-[calc(var(--header-height)+min(200px,max(70px,20svh)))]" dir="auto" data-turn-id="request-WEB:c7f9c7fd-dee0-441f-8386-20e2201ca605-23" data-testid="conversation-turn-10" data-scroll-anchor="true" data-turn="assistant"> <div class="text-base my-auto mx-auto pb-10 [--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"> <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+&]:mt-1" dir="auto" tabindex="0" data-message-author-role="assistant" data-message-id="d51e2457-2782-48b2-bcd0-fca0d4ef65be" data-message-model-slug="gpt-5-3" data-turn-start-message="true"> <div class="flex w-full flex-col gap-1 empty:hidden"> <div class="markdown prose dark:prose-invert w-full wrap-break-word dark markdown-new-styling"> <h2 style="text-align: center;" data-start="0" data-end="75">Alzheimer's Diagnostics Sector Advances</h2> <a href="https://www.brown.edu/news/2026-03-16/alzheimers-ftld-diagnosis" target="_blank" rel="noopener">According to findings reported by Brown University on March 16, research published in Neurology examined how clinicians could improve diagnosis in patients with multiple neurodegenerative conditions, including Alzheimer's disease and frontotemporal lobar degeneration</a>. The study found that patients with both conditions exhibited distinct neuropsychiatric symptoms, which could help inform diagnosis and care planning. Daliah Ross stated, "We saw that there were different neuropsychiatric symptoms if people had both pathologies, which could inform diagnosis and treatment plans," while also noting that "it would be helpful for patients and families to have a better sense of what to expect so they can prepare." Dr. Edward Huey added that "this research may inform a diagnosis of FTLD, which can help patients and caregivers know more about what to expect as the disease progresses." </div> </div> </div> </div> <div class="z-0 flex min-h-[46px] justify-start"> The growing role of PET scanning in Alzheimer's diagnosis has been well documented in peer-reviewed research.<a href="https://radiology.ucsf.edu/patient-care/services/specialty-imaging/alzheimer" target="_blank" rel="noopener"> According to the University of California, San Francisco's Department of Radiology and Biomedical Imaging</a>, "diagnosing Alzheimer's is complex," adding that "with no single test currently available, diagnosis is based on an individual's history, physical examination, and cognitive testing," and that "amyloid PET imaging represents a potential major advance in the assessment of those with cognitive impairment." Before amyloid PET was developed, beta-amyloid plaques — the protein deposits considered a defining feature of Alzheimer's disease — could only be confirmed by examining brain tissue after death. R<a href="https://pmc.ncbi.nlm.nih.gov/articles/PMC9713600/" target="_blank" rel="noopener">esearch published in peer-reviewed literature and supported in part by the National Institutes of Health </a>has since found that PET tracers "approach the sensitivity of tissue diagnosis in identifying Alzheimer's pathology," according to a review published in <a href="https://pmc.ncbi.nlm.nih.gov/articles/PMC9713600/" target="_blank" rel="noopener">PMC</a>. <a href="https://pmc.ncbi.nlm.nih.gov/articles/PMC9165727/" target="_blank" rel="noopener">A separate large-scale U.S. study</a> involving more than 18,000 patients found that amyloid PET results were associated with changes in patient management in more than 60% of cases within 90 days of scanning. The policy environment has added further urgency to PET scan access. When the <a href="https://www.cms.gov/newsroom/press-releases/statement-broader-medicare-coverage-leqembi-available-following-fda-traditional-approval" target="_blank" rel="noopener">Centers for Medicare and Medicaid Services</a> (CMS) expanded Medicare coverage to include the monoclonal antibody therapies Leqembi and Kisunla — the first drugs to receive traditional FDA approval for slowing Alzheimer's progression — it stipulated that patients must present "documented evidence of beta-amyloid plaque on the brain" before coverage is approved. In practice, that confirmation requires either a brain-specific PET scan or a spinal tap. In October 2023, CMS went a step further by removing prior national restrictions that had capped the number of amyloid PET scans covered per patient. <a href="https://www.fiercehealthcare.com/payers/cms-removing-pet-scan-restrictions-alzheimers-patients" target="_blank" rel="noopener">As reported by Fierce Healthcare</a>, the policy change was intended to give "people with Alzheimer's disease symptoms a better path to treating the condition," with coverage decisions moving to regional Medicare administrative contractors. <a href="https://www.alz.org/alzheimers-dementia/treatments/cms-medicare-coverage" target="_blank" rel="noopener">The Alzheimer's Association noted</a> in response that "access to amyloid PET imaging for Alzheimer's diagnosis is essential in the new era of treatments." It is against this backdrop that Grey Matters Health (formerly Algernon Health) is moving to establish its NovaScan Neuroimaging Clinics™ network, describing the current supply of PET scanners in North America as insufficient to meet anticipated demand in the Alzheimer's diagnostic market. </div> </div> </div> </section> </div> <h2 style="text-align: center;" data-start="0" data-end="94">Analyst Report Points to Alzheimer's Diagnostic Strategy and Issues Speculative Buy Rating</h2> 1<a href="https://www.streetwisereports.com/article/2026/03/26/americas-first-brain-dedicated-pet-scanning-clinics-a-turnaround-play-for-chart-savvy-investors.html?utm_medium=feed" target="_blank" rel="noopener">A March 26 report from Stewart Thomson described Algernon Health Inc. as "a Canadian healthcare company" and outlined its focus on Alzheimer's diagnostics through brain-optimized PET imaging</a>. The report noted that "this plan will make the company's main business diagnosing Alzheimer's disease, using high-technology brain-optimized Positron Emission Tomography (PET) scans for diagnosis," while also referencing "the goal of capturing a US$6.9 billion emerging market." Thomson stated on March 26 that "the company is entering the Alzheimer's Disease (AD) diagnostic market segment with plans to establish a network of dedicated neuroimaging medical clinics in the U.S." He added that these clinics are expected to use "the most advanced, FDA-cleared brain-specific PET scanner to focus on early-stage detection of the disease." The report also assigned the company a "Technical Rating: Strong Speculative Buy" and listed price targets of "CA$0.08" for the short term, "CA$0.17" for the medium term, and "CA$0.40" for the long term. <h2 style="text-align: center;" data-start="2846" data-end="2905">Clinic Development and Alzheimer's Diagnostic Expansion</h2> The company's healthcare initiative includes plans to establish Alzheimer's screening, diagnostic, treatment, and patient care clinics in North America, with an initial focus on the United States. It stated that the first medical clinic location is expected to be established in Florida, with additional expansion plans including company-owned clinics and franchise licenses in Canada, Florida, Los Angeles, and five additional U.S. cities. <a href="https://d1io3yog0oux5.cloudfront.net/_aa2371b7aae8893e9645aa4a65e93843/algernonpharmaceuticals/db/2291/22452/pdf/Algernon+Pharmaceuticals+Corporate+Factsheet+June+26-25.pdf" target="_blank" rel="noopener">The company outlined that its Alzheimer's initiative builds on developments in the healthcare segment, </a>including the approval of antibody treatment therapies by the U.S. Food and Drug Administration and the approval of PET brain scanning technology capable of confirming amyloid plaque buildup. It noted that PET brain scans and certain treatment therapies are covered by U.S. Medicare and Medicaid. [OWNERSHIP_CHART-9895] The company stated that it continues to advance its pharmaceutical pipeline, which includes a drug repurposing candidate and a naturally occurring compound, with intellectual property protection covering method of use, dosing, formulation, and composition of matter. <div class="z-0 flex min-h-[46px] justify-start"> <h2 style="text-align: center;" data-start="3585" data-end="3776">Ownership and Share Structure2</h2> Management and insiders own about 11% of the company, and about 21% is owned by institutions. The rest is with retail. Top shareholders include Alpha North Asset Management with 20.52%, Chief Executive Officer Christopher Moreau with 5.05%, Chairman of the Board Harry Bloomfield with 1.97%, and Chief Financial Officer James Kinley with 1.4%, and Director Rajpaul Attariwala with 1.2%. Algernon has 54.1 million outstanding shares, a market cap of US$1.37 million, and a 52-week range of US$0.035 - US$0.10. <a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a> </div>Important Disclosures:<ol> <li>Algernon Health has a consulting relationship with Street Smart an affiliate of Streetwise Reports. Street Smart Clients pay a monthly consulting fee between US$8,000 and US$20,000.</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 Algernon Health.</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> <li>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.</li> </ol> For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting" target="_blank" rel="noopener">here.</a> 1. Disclosure for the quote from the Stewart Thomson article published on March 26, 2026 <ol start="1" type="1"> <li>For the quoted article (published on March 26, 2026), Algernon Health has paid Street Smart, an affiliate of Streetwise Reports, US$3000.</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> 2. Ownership and Share Structure Information 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.<img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=30896"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=30896" width="0" height="0"> ( Companies Mentioned: AGN:CSE; AGNPF:OTCQB; AGW0:XFRA, ) Mon, 06 Apr 2026 00:00:00 PST Australian AI Tech Company Launches High-Growth Drone Breakthrough https://www.streetwisereports.com/article/2026/04/06/australian-ai-tech-company-launches-high-growth-drone-breakthrough.html Source: <a href="https://www.streetwisereports.com/article/2026/04/06/australian-ai-tech-company-launches-high-growth-drone-breakthrough.html?utm_medium=feed">Streetwise Reports 04/06/2026</a> Sparc AI Inc. (SPAI:CSE; SPAIF:OTCQB; 5OVO:Frankfurt) rolls out its Overwatch app with GPS-denied targeting, gaining early traction with Indian defense partners.<a href="https://www.streetwisereports.com/pub/co/11484?utm_medium=feed" target="_blank" rel="noopener">Sparc AI Inc. (SPAI:CSE; SPAIF:OTCQB; 5OVO:Frankfurt)</a> <a href="https://www.stockwatch.com/News/Item/U-z9682604-U!SPAIF-20260401/U/SPAIF" target="_blank" rel="noopener">announced the launch of its Overwatch Drone Controller app</a> for both private and public sectors on April 1, 2026. The company's proprietary GPS-denied navigation system and targeting platform has attracted the attention of an Indian defense drone manufacturer, Indian Defense OEM, who will be one of the program's first operators. This manufacturer supplies unmanned aerial systems and is part of a strategic shift from large drones to smaller drones designed for mass deployment, <a href="https://www.stockwatch.com/News/Item/U-z9682604-U!SPAIF-20260401/U/SPAIF" target="_blank" rel="noopener">"increasing the importance of software that can compensate for hardware sensor constraints at scale."</a> Drones, unmanned ground vehicles, robotic systems, and maritime vessels are all included in target platforms. <a href="https://sparcai.co/pdfs/SPARC_AI_Investor_Presentation_April_2026.pdf" target="_blank" rel="noopener">The company's website says</a>, "GPS denial is permanent — electronic warfare, urban canyons, and underground operations are not going away. Every autonomous system needs a fallback." Sparc AI will distribute its Overwatch Drone Controller app to the public via the Google Play Store (pending approval) and as a direct download to developer communities and companies. The ease of access is a move by the company to expand the app's reach, allowing operators to integrate it into their ecosystems quickly. An Australian defense AI tech company,<a href="https://sparcai.co/pdfs/SPARC_AI_Investor_Presentation_April_2026.pdf" target="_blank" rel="noopener"> Sparc AI says it</a> ". . . delivers GPS-denied navigation and target acquisition in pure AI-enabled software [with] no additional hardware, supply chain, or manufacturing challenges." <h2 style="text-align: center;">AI Drones Are Changing the Landscape of War</h2> "The global demand for drone warfare knowledge and counter-UAS technology is on the rise, transforming drone warfare expertise into a significant export industry. Countries with firsthand combat experience are exporting this knowledge, offering training, advisory services, and innovative technologies to international partners," <a href="https://dronelife.com/2026/03/18/drone-warfare-expertise-global-export-industry/" target="_blank" rel="noopener">Miriam McNabb reported for DroneLife</a> on March 18. "Recent activities in Ukraine, Estonia, and the U.S. underscore the rapid growth of this market. As small drones continue to alter the landscape of modern conflict, the expertise to operate and neutralize them is becoming an invaluable asset." In a separate April 1 article, <a href="https://dronelife.com/2026/04/01/terra-drone-interceptor-drone-investment-terra-a1/" target="_blank" rel="noopener">Miriam McNabb wrote from Dronelife</a>, "Low-cost drones are now capable of neutralizing much more expensive systems. This shift has changed how governments and defense organizations think about deterrence and response." The arrival of AI drone technology has changed the landscape of war, and defense needs don't seem to be lessening. On April 2, 2026, <a href="https://seekingalpha.com/news/4572035-ai-chip-stocks-tumble-as-trump-plans-to-strike-iran-hard" target="_blank" rel="noopener">Ravikash Bakolia reported for SeekingAlpha.com</a>, "Chip and AI-related stocks were largely in the red on Thursday after U.S. President Donald Trump said the country will strike Iran 'extremely hard' over the next two to three weeks." Despite AI's use in military applications, the general market is less certain. Billions of dollars have been invested into AI over the past few years, with future returns up in the air. Despite current market instability, "The Stanford Institute for Human-Centered AI (HAI) says that "AI is poised to be the most transformative technology of the 21st century," <a href="https://finance.yahoo.com/sectors/technology/articles/six-10-investors-own-ai-222000061.html" target="_blank" rel="noopener">according to Lyle Daly for </a><a href="https://finance.yahoo.com/sectors/technology/articles/six-10-investors-own-ai-222000061.html" target="_blank" rel="noopener">The Motley Fool</a> in a March 31, 2026, article. Daly wrote that nearly six in 10 investors hold some type of AI stock, though no one is sure how the market will perform long-term. <h2 style="text-align: center;">Sparc AI Gets a Speculative Buy</h2> Steve Sobek wrote an article for Streetwise Reports on Sparc AI on March 31, 2026. <a href="https://www.streetwisereports.com/article/2026/03/31/defense-tech-firm-advances-gps-denied-navigation-breakthrough-in-ukraine.html?utm_medium=feed" target="_blank" rel="noopener">In the article, he quoted Senior Investment Analyst Emily J. Thompson</a>, saying " The global drone market is on a trajectory to expand from approximately US$20 billion in 2020 to over US$40 billion by 2025, driven largely by increased geopolitical tensions that are spurring demand in the defense sector." Sobek also included Thompson's information about non-military drone use: "On the civilian front, the use of drones in sectors such as agriculture, logistics, and delivery is anticipated to grow, increasing their market share from 55% today to 65% by 2035." [OWNERSHIP_CHART-11484] <a href="https://www.streetwisereports.com/article/2026/02/12/precision-navigation-without-gps-bullish-charts-stunning-price-targets.html?utm_medium=feed" target="_blank" rel="noopener">1Analyst Stewart Thomson discussed Sparc AI's stock</a> on February 12, 2026, giving the company a target price of CA$1.60 but noted that it could reach up to CA$2.00. He gave the stock a 'Speculative Buy' rating. <h2 style="text-align: center;">Catalysts</h2> "Alongside the recently announced order for the SPARC AI Mobile NAV solution in Dubai, the Company has also entered into a non-disclosure agreement with another major defense contractor in the UAE to facilitate discussions regarding SPARC AI solutions for both mobile and drone applications," <a href="https://www.stockwatch.com/News/Item/U-z9682604-U!SPAIF-20260401/U/SPAIF" target="_blank" rel="noopener">reported an April 1, 2026, article by Stockwatch</a>. Further, <a href="https://sparcai.co/pdfs/SPARC_AI_Investor_Presentation_April_2026.pdf" target="_blank" rel="noopener">Sparc AI's investor presentation</a> outlines market activation in the U.S., a reseller agreement in Europe, operational testing planned for Ukraine, orders from Dubai, and engagement with the Australian defense industry. <h2 style="text-align: center;">Ownership & Share Information2</h2> Sparc AI Inc. has a market cap of CA$49.87 million and 23.19 million shares outstanding. The company's 52-week range is CA$0.20-CA$3.98. Management & Insiders own 36% of shares. The remaining shares are Retail. <a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a>Important Disclosures:<ol> <li>Sparc AI 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 Sparc AI Inc .</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> For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting">here.</a> 1. Disclosure for the quote from the Stewart Thomson article published on February 12, 2026. <ol start="1" type="1"> <li>For the quoted article published on February 12, 2026, Sparc AI Inc. 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> 2. Ownership and Share Structure Information 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.<img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=30895"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=30895" width="0" height="0"> ( Companies Mentioned: SPAI:CSE; SPAIF:OTCQB; 5OVO:Frankfurt, ) SPAI:CSE; SPAIF:OTCQB; 5OVO:Frankfurt Mon, 06 Apr 2026 00:00:00 PST Canadian Miner Uncovers Massive Tungsten Portugal Potential https://www.streetwisereports.com/article/2026/04/02/canadian-miner-uncovers-massive-tungsten-portugal-potential.html Source: <a href="https://www.streetwisereports.com/article/2026/04/02/canadian-miner-uncovers-massive-tungsten-portugal-potential.html?utm_medium=feed">Streetwise Reports 04/06/2026</a> Allied Critical Metals Inc. (ACM:CSE; ACMIF:OTCQB; 0VJ0:FSE) highlights massive tungsten potential in Portugal as prices surge, with growing demand driving upside.Tungsten, a niche and incredibly strong critical metal, has skyrocketed in price in a <a href="https://finance.yahoo.com/news/tungsten-prices-surge-557-china-131845130.html" target="_blank" rel="noopener">557% rally</a>, <a href="https://almonty.com/tungsten-history/" target="_blank" rel="noopener">reported at a high of US$3,150/mtu</a> on March 27, 2026. The critical metal price has risen primarily due to trade restrictions from China, the world's top tungsten producer, and demands from the U.S.-Iran War. As one of the strongest metals on Earth, tungsten is necessary for waging effective warfare, being used in armor-piercing weaponry and missiles. Even before the U.S.-Iran War began, tungsten was in high demand due to the Russian war with Ukraine. <a href="https://investornews.com/critical-minerals-rare-earths/why-tungsten-has-jumped-to-no-1-on-the-worlds-critical-minerals-hot-list/" target="_blank" rel="noopener">Investor News wrote</a> in January of this year that, "Without tungsten, the modern military-industrial machine quite literally grinds to a halt." Tungsten is also critical for creating connections in semiconductor chips, and even as a filament in lightbulbs. <a href="https://www.cnbc.com/2026/03/31/commodities-price-of-tungsten-sulfur-and-helium.html" target="_blank" rel="noopener">Evelyn Cheng for CNBC interviewed Christopher Ecclestone</a>, Principal and Mining Strategist at Hallgarten & Company, on March 31, 2026. He said, "Tungsten and helium prices have been surging, but you don't have anyone on the buy side saying, 'Oh my goodness, we don't have enough product. Defense contractors should have warehouses of tungsten, but they don't. The world has gotten lazy. It thinks life is like a supermarket, the product is a pack of cornflakes or a few tons of sulfuric acid. The supermarket of commodities has had a few of the aisles chopped down.'" With China's trade rules unstable, the U.S. is struggling to fuel its demand. "Tungsten supply isn't keeping up with demand. Last February, the Chinese government slapped export controls on tungsten in response to the U.S.-instigated trade war. Chinese shipments were down about 40% last year, not only due to export restrictions, but because of diminished ore quality," <a href="https://aheadoftheherd.com/3-metals-indispensable-for-warfighting-richard-mills/" target="_blank" rel="noopener">reported Ahead of the Herd</a> on March 26, 2026. The article states that the U.S. hasn't produced any tungsten on its own since 2015. The tungsten market has been on the rise this year and currently shows no signs of stopping. <h2 style="text-align: center;">Canadian Tungsten Co. Positioning to Drill</h2> <a href="https://www.streetwisereports.com/pub/co/11251?utm_medium=feed" target="_blank" rel="noopener">Allied Critical Metals Inc. (ACM:CSE; ACMIF:OTCQB; 0VJ0:FSE)</a>, a Canadian mining company, is attempting to provide answers for the tungsten shortage in the West with its Borralha Tungsten Project in the north of Portugal. On March 10, 2026, Allied Critical Metals released additional results from its Preliminary Economic Assessment (PEA) of Borralha. <a href="https://www.newsfilecorp.com/release/287936" target="_blank" rel="noopener">Roy Bonnell, CEO and Director of Allied, said,</a> "Following the release of our initial PEA for the Borralha Project, we received strong investor interest in additional project-level detail. This supplementary disclosure highlights the Project's capital efficiency, strong annual cash generation, and well-developed infrastructure platform. Importantly, the underlying economics of the PEA remain unchanged, while the additional payback presentation provides another useful reference point for investors evaluating project returns and the strong leverage the Borralha Project has to tungsten prices." The original PEA announcement was evaluated with <a href="https://www.newsfilecorp.com/release/287936" target="_blank" rel="noopener">three pricing frameworks</a>: "The Base case of CA$962/mtu WO₃ (US$704/mtu WO₃), CA$1,365/mtu WO₃ (US$1,000/mtu WO₃), and CA$2,049/mtu WO₃ (US$1,500/mtu WO₃), while mine design and cut-off grade selection were developed using a conservative tungsten price assumption of CA$900/mtu WO₃ (US$659/mtu WO₃)." The company also released an updated Mineral Resource Estimate (MRE) based on the testing of 41 drill holes and 400 meters of surface testing at the San Helena Breccia at Borralha. Based on the PEA and MRE, <a href="https://www.newsfilecorp.com/release/287936" target="_blank" rel="noopener">Allied Critical Metals expects</a> the life-of-mine capital to be around US$178 million, with initial capital hitting US$91.5 million and sustaining capital of US$87 million. <h2 style="text-align: center;">Allied to Produce for the US and the EU</h2> Thibaut Lepouttre of Caesar's Report gave Streetwise Reports a quote, saying, "While the project has been around for a while, but never gained momentum when the tungsten price was US$300-375 per mtu, the current renewed interest and sky-high tungsten price make Borralha's economics very attractive. The company used CA$1000/mtu in its base case scenario (which is 1/3rd of the current spot price), and this yielded an after-tax NPV8% of CA$475M, increasing to almost CA$1B at $1500/mtu. And thanks to the low initial capex, Borralha is establishing itself as one of Europe's best options to increase domestic tungsten production within the EU." [OWNERSHIP_CHART-11251] <h2 style="text-align: center;">Catalysts</h2> <a href="https://alliedcritical.com/PDF/ACM-Presentation.pdf" target="_blank" rel="noopener">The company is also drilling its Vila Verde property for tin and tungsten deposits</a> and expects to re-assay historical drilling in early 2026. Once that is complete, Allied Critical Metals plans to construct Vila Verde's pilot plant in Q2, then launch a 1,250-meter drill program in Q3. If all goes according to plan, the company intends for the pilot plant to begin operations in Q4 2026. <h2 style="text-align: center;">Ownership & Share Structure1</h2> Allied Critical Metals Inc. has a market cap of CA$270.18 million, with 170.41 million shares outstanding. The company's 52-week range is CA$0.20-CA$1.60. Institutions own 15% of shares, while Management & Insiders own 31%. The remaining 54% of shares are Retail. <a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a>Important Disclosures:<ol> <li>Allied Critical Minerals Inc. has a consulting relationship with Street Smart an affiliate of Streetwise Reports. Street Smart Clients pay a monthly consulting fee between US$8,000 and US$20,000.</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.</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> For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting">here.</a> 1. Ownership and Share Structure Information 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. <img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=30894"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=30894" width="0" height="0"> ( Companies Mentioned: ACM:CSE; ACMIF:OTCQB; 0VJ0:FSE, ) Mon, 06 Apr 2026 00:00:00 PST Crypto Company Launches Bitcoin Yield Strategy Breakthrough https://www.streetwisereports.com/article/2026/04/06/crypto-company-launches-bitcoin-yield-strategy-breakthrough.html Source: <a href="https://www.streetwisereports.com/article/2026/04/06/crypto-company-launches-bitcoin-yield-strategy-breakthrough.html?utm_medium=feed">Streetwise Reports 04/06/2026</a> Matador Technologies Inc. (MATA:TSX.V; MATAF:OTCQB; IU3:FSE) initiates a new Bitcoin yield generation strategy. Read why one expert says the stock has momentum.Prominent Bitcoin ecosystem player <a href="https://www.streetwisereports.com/pub/co/10854?utm_medium=feed" target="_blank" rel="noopener">Matador Technologies Inc. (MATA:TSX.V; MATAF:OTCQB; IU3:FSE)</a> announced the initiation of a Bitcoin yield generation strategy in partnership with Galaxy Digital Holdings Ltd. <a href="https://www.matador.network/news/matador-technologies-announces-launch-of-bitcoin-yield-strategy-with-galaxy-and-c-suite-promotions" target="_blank" rel="noopener">in a March 31 release</a>. Matador has embarked on a new treasury management initiative by entering into an ISDA Agreement with Galaxy. This strategy involves actively generating yield from its treasury holdings, primarily through executing covered calls and other yield-enhancing strategies provided by Galaxy. "The company is initiating this strategy with an allocation of up to 20 Bitcoin," the release noted. The move is designed to bolster long-term shareholder value and maintain capital efficiency. By teaming up with Galaxy, a leader in digital asset financial services, Matador aims to safely boost its treasury returns while ensuring strong risk management, security, and liquidity for its primary Bitcoin assets. This careful approach is intended to optimize the use of the company's balance sheet while adhering to a Bitcoin-first strategy. Also announced in the release was the appointment of Geoff St. Clair to replace Jing Peng as Chief Financial Officer on March 26, following Peng's resignation. The company extends its deep gratitude to Jing Peng for his commitment and contributions during his tenure. Jing brought significant expertise in corporate finance and operations from his previous roles in investment banking and private equity. Matador wishes him success in his future endeavors. St. Clair has been with Matador as vice president of finance since the company's inception in November 2021. His promotion reflects a natural advancement due to his leadership and deep involvement in the company's financial strategies. St. Clair brings a robust background in mergers and acquisitions, reverse-takeover transactions, initial public offerings, and treasury management, Matador said. His extensive experience spans both traditional finance and emerging, high-growth markets. Throughout his career, St. Clair has been instrumental in driving growth through business development initiatives and has managed critical financial operations including strategic planning, budgeting, forecasting, and risk management. Recently, Matador declared its intention to spin off its wholly-owned subsidiary, GODL Corp., <a href="https://www.streetwisereports.com/article/2026/03/03/digital-asset-firm-targets-big-gains-with-godl-spinout.html?utm_medium=feed" target="_blank" rel="noopener">as detailed in a March 2 announcement</a>. This subsidiary is focused on generating yield from a gold treasury and the tokenization of gold. The proposed spinout is contingent upon receiving the green light from the TSX Venture Exchange Inc., as well as other necessary regulatory and shareholder approvals. <h2 style="text-align: center;">GODL Corp. Spinoff</h2> GODL Corp. is described as a pure-play gold treasury company with a straightforward goal to "maximize gold ounces per share," according to the release. Its investment strategy involves allocating all of its capital, aside from operating expenses, into both physical and tokenized gold. These assets are securely stored in LBMA-certified vaults and institutional cryptocurrency custody services. To bolster its gold reserves, GODL plans to engage in financial maneuvers such as at-the-market offerings and convertible debt, especially when its market capitalization surpasses its net asset value. Funds raised through these means are intended for the acquisition of additional gold, subject to regulatory approval. Furthermore, GODL aims to produce annual yields from its holdings through both traditional and tokenized gold yield strategies. GODL's strategy is distinct from typical gold mining stocks as it focuses on increasing gold ounces per share through secondary offerings, convertible debt, and asset swaps, thereby enhancing shareholder value per share and using financial strategies to potentially boost returns. <h2 style="text-align: center;">Analyst: Co. Develops Products to Enhance Bitcoin Network</h2> 1Matador Technologies is actively incorporating Bitcoin into its core operations, using it as the main asset in its treasury and developing products to enhance the Bitcoin network, <a href="https://www.streetwisereports.com/article/2026/02/17/a-next-generation-treasury-co.html?utm_medium=feed" target="_blank" rel="noopener">Technical Analyst Stewart Thomson noted in a review of the stock on February 17</a>. The company is also carving a niche as a platform and investment hub for innovative gold products, bridging the gap between digital and physical assets. Thomson's technical analysis points to a shift in market dynamics, highlighted by an increase in trading volume, which suggests a potential transfer of shares from weak to strong market participants. The stock exhibits a triple bottom pattern, with a technical target price set around CA$0.50, a significant rise from its level when the review was written. Bullish signals are further supported by technical indicators including an oversold stochastic measure, a rising MACD, and a positive divergence in the RSI oscillator, all suggesting upward momentum, Thomson said. A surge above CA$0.50 could indicate a breakout, with potential targets ranging from CA$0.90 to CA$1.00. Thomson encourages investors to explore the company's corporate presentation to gain deeper insights into its strategic initiatives and market positioning. Currently, the stock is considered a speculative buy, with technical price targets established at CA$0.50 and extending up to CA$0.90 to CA$1.00. <h2 style="text-align: center;">Bitcoin as a Strategic Asset</h2> Matador's approach to integrating Bitcoin as a central component of its treasury management is reflective of a growing trend among institutional investors who are beginning to see Bitcoin not merely as a speculative asset but as a strategic one. This perspective was detailed in a <a href="https://coincentral.com/canadian-firm-matador-technologies-plans-58-2m-raise-for-bitcoin-expansion/" target="_blank" rel="noopener">report by Kelvin Munene for CoinCentral on December 23</a>. According to the report, numerous companies are now adding Bitcoin to their balance sheets as a way to hedge against inflation and to bring more diversity to their investment portfolios. Bitcoin is increasingly regarded as a digital counterpart to gold, providing a safeguard against currency devaluation. Kelvin Munene highlighted, "The company is positioning itself as a forward-thinking player in the crypto space, signaling confidence to shareholders and attracting institutional investors looking for exposure to Bitcoin." This strategy not only aligns Matador with current financial trends but also bolsters its appeal to savvy investors who are keen to leverage the potential of Bitcoin within the broader market landscape. <h2 style="text-align: center;">The Catalyst: Signs of Adaptation in Industry</h2> As 2026 began, the cryptocurrency sector faced significant challenges, leaving investors wondering if the market has reached its lowest point, <a href="https://www.investopedia.com/after-a-tough-quarter-for-crypto-and-bitcoin-is-a-market-bottom-finally-in-sight-btc-11936145">according to a report by Crystal Kim for Investopedia on March 30</a>. The early optimism fueled by potential regulatory advancements with the Clarity Act, which aimed to establish a comprehensive framework for digital assets, has been tempered. Initially, there was a high expectation that the bill would pass, with confidence levels exceeding 80% in February, according to Polymarket data. However, these expectations have since diminished, with the likelihood of the bill's passage now seen as uncertain. The price of Bitcoin, often viewed as an indicator of the broader crypto market's health, has continued to struggle, Kim wrote. After entering a bear market at the end of the previous year, Bitcoin's value has nearly halved from its peak of over US$126,000 in October. Similarly, crypto-related stocks such as Coinbase (COIN), Strategy (MSTR), and Gemini (GEMI) have all experienced significant declines, each dropping at least 15% in the first quarter. Despite these setbacks, there are signs of resilience and adaptation within the industry, the article noted Coinbase has expanded its services to include stock trading, Bitcoin miners are exploring artificial intelligence, and Strategy's Michael Saylor is promoting preferred issues alongside Bitcoin. These moves indicate that industry players are actively seeking new opportunities and are not merely waiting for market recovery. Analysts, including Bernstein's Gautum Chhugani, remain optimistic about the sector's prospects, Kim said. They anticipate a recovery beginning with the first-quarter earnings, projecting that Bitcoin could reach US$150,000 by year's end. They see potential growth in areas like prediction markets, stablecoins, tokenized real-world assets, and crypto derivatives. Furthermore, Coinbase has introduced commission-free trading for stocks and exchange-traded funds to its U.S. users and has ventured into prediction markets. Robinhood, despite a 40% decline this year, is also expected to see significant contributions from its prediction markets business, according to Bernstein. As the market anticipates a significant development in cryptocurrency from Elon Musk, Larry Fink, the CEO of BlackRock, has forecasted that bitcoin and other cryptocurrencies could generate US$500 million annually for the firm by 2030, <a href="https://www.forbes.com/sites/digital-assets/2026/03/25/500-million-in-the-next-five-years-blackrock-ceo-issues-huge-crypto-prediction-as-the-bitcoin-price-surges/" target="_blank" rel="noopener">Billy Bambrough reported for Forbes on March 25</a>. This projection comes despite the current challenges in the bitcoin market, which is struggling to rebound from a recent price crash. [OWNERSHIP_CHART-10854] In his 2026 annual letter to shareholders, Fink, a prominent proponent of bitcoin and cryptocurrency on Wall Street, included crypto as one of the potential high-growth areas that could significantly contribute to BlackRock's revenue over the next five years. BlackRock is a major player in the cryptocurrency space, managing approximately 800,000 bitcoins, valued at US$55 billion, through its leading spot bitcoin ETF, the article said. Presently, BlackRock's iShares Bitcoin Trust ETF generates an estimated US$250 million in annual fees, as reported by Coindesk in November. <h2 style="text-align: center;">Ownership and Share Structure2</h2> About 20% is owned by management and insiders, including Founder and Director Donato Sferra, St. Clair, Director Richard Murphy, and the CEO Deven Soni, among others. The rest is retail, and includes Hive Digital, Kitco Metals, Bitcoin Opportunity Fund, Arrington Capital, and Gold Fields Ltd. It has about 109.37 million shares outstanding and has a market cap of CA$6.25 million. It trades in a 52-week range of CA$0.05 and CA$2.02. <a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a>Important Disclosures:<ol> <li>Matador Technologies Inc. has a consulting relationship with Street Smart an affiliate of Streetwise Reports. Street Smart Clients pay a monthly consulting fee between US$8,000 and US$20,000.</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 Matador Technologies Inc.</li> <li>Steve Sobek 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> For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting">here.</a> <ol> <li> Disclosure for the quote from the Stewart Thomson article published on February 17, 2026:</li> </ol> <ol> <li>For the quoted article (published on February 17, 2026), Matador Technologies Inc. has paid Street Smart, an affiliate of Streetwise Reports, US$3,000.</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> <ol start="2"> <li> Ownership and Share Structure Information</li> </ol> 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.<img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=30876"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=30876" width="0" height="0"> ( Companies Mentioned: MATA:TSX.V; MATAF:OTCQB;IU3:FSE, ) Mon, 06 Apr 2026 00:00:00 PST Gold's Worst Month Ever Is a Buying Opportunity https://www.streetwisereports.com/article/2026/04/02/golds-worst-month-ever-is-a-buying-opportunity.html Source: <a href="https://www.streetwisereports.com/article/2026/04/02/golds-worst-month-ever-is-a-buying-opportunity.html?utm_medium=feed">Dominic Frisby 04/02/2026</a> Dominic Frisby of The Flying Frisby explains why he still thinks gold is heading to US$10,000. You've probably heard: gold has just had the worst month in its history. Given that <a href="https://open.substack.com/pub/frisby/p/your-definitive-guide-to-buying-and?utm_campaign=post-expanded-share&utm_medium=web" target="_blank" rel="noopener">gold</a> is older than the Earth itself, that's quite a long history. What headline writers actually mean, even if they don't know it, is that: in US dollar terms, gold just had its worst month since 1971, at a stretch 1789. But the US dollar is a bogus, fiat measure, and the sooner we start using constant money as our unit of account, the more truthful the world will become. <a href="https://www.theflyingfrisby.com/p/has-gold-already-peaked" target="_blank" rel="noopener">Gold</a> hasn't changed. It doesn't. What has swung, violently as ever, is the price of fiat. The move looks more extreme than it is because of where the month started. Gold began March near a high, around $5,400, and then sold off hard. A thousand-dollar swing sounds a lot, but after the run we've just had, it's not especially surprising. Indeed, I would go as far as to say it's normal. Here is a 3-year chart of gold to put the March move in some perspective. I've also added a very useful indicator — the 233-day exponential moving average — in red. 233 is a Fibonacci number, and with roughly 250 trading days in a year, the 233 EMA works out as roughly the one-year average, but with the added magical quality that Fibonacci numbers often seem to have. In this case, it caught the exact bottom, as you can see. <img class="No_img_class" src="https://www.theaureport.com/images/auto_up/20264665841_1.png" alt="" width="700" height="500" /> What effectively has happened is that after a long run-up, gold has pulled back to the one-year average and bounced off it. What we're seeing is normal behavior in a secular bull market. Corrections feel violent at the time. They always do. But this is what bull markets do. My <a href="https://www.theflyingfrisby.com/p/has-gold-already-peaked?r=1o6vt&utm_campaign=post&utm_medium=web" target="_blank" rel="noopener">view remains unchanged</a>. We are somewhere in the middle of a multi-year move that ultimately takes gold into the $7,000 to $10,000 range. The bigger point is not the chart, it's the backdrop. I keep saying it, but you absolutely must own some gold in your portfolio, particularly if you are in the UK, indeed anywhere in Western Europe. We have big, big problems coming down the tracks, and they are going to result in the further debasement of the national currency. Debt levels are rising, not falling. Governments are spending more, not less. The cost of servicing that debt is going up. The political incentives all point one way: more issuance, more intervention, more currency debasement. The UK is a particularly clear example. You can already see the strain in the gilt market, the pressure on public finances, and the complete lack of both political will and ability to address it in any meaningful way. No party is going to fix this. The system itself is broken. There is only one way fiat money is going, and it's the same way it's always gone. Treat pullbacks like this for what they are: opportunities. If you don't own gold, you are relying entirely on a monetary system that is under visible strain. That in itself is a bet, whether you realize it or not. <h2 class="header-anchor-post" style="text-align: center;">Onto More Positive News — Or Is It? Squeaky Bum Time in Nicaragua</h2> My largest position, and a core holding for many readers, is Metals Exploration Plc (MTL:LON). Broker Hannam has just put a 37p price target on this 13p stock, implying roughly 3x upside. The current market cap is about £400 million. The share price has pulled back sharply after its recent run to 19p to around 12–13p, largely tracking the ups and downs of gold. The company has just issued a construction update, following a recent site visit to the main project in Nicaragua, La India, attended by major shareholders including Nick Candy. Execution is everything now, and it's squeaky bum time. The existing Runruno mine in the Philippines should produce around 50,000 oz in 2026. At $4,500 gold, that's about $225m of revenue. Using current cost guidance, that likely translates to $140m–$160m operating cash before overheads, and something like $80m–$90m after tax, G&A, and other costs. That is strong cash generation, but it is not permanent. Runruno is a depleting asset. The ore body runs out late this year or early next, with closure likely in Q1 2027. Drilling at nearby Dupax has not delivered enough material to extend its life, so the mine shuts down. The company will be left with a processing plant that can potentially be redeployed, but that raises the obvious: what project, where, and how much? La India capex has now risen to $171m from $165m (it was forecast at $120m at acquisition, that's inflation, among other things, for you). The latest increase is mainly down to electrical infrastructure costs. With $41m in the bank at the end of 2025 in addition to the Runruno revenue, funding is super tight. There is a $30m gold prepay facility (currently undrawn) and a $20m equipment loan in progress. It is marginal - hence the squeaky bum - but it does look fully funded, assuming Runruno delivers as expected. The key positive is that the mine build is real and progressing. The project is about 42% complete against a planned 35%. The first gold pour is still targeted for December 2026. The crusher is installed, mill foundations are largely done, CIL (leaching) tanks are progressing, site infrastructure is about 77% complete, and the tailings facility is underway. Around 95,000 tonnes of ore are already stockpiled against a target of 500,000 tonnes, and pre-stripping is about 38% complete. That all reduces ramp-up risk. There are two obvious vulnerabilities. The first is the elution plant (the heat recovery circuit, which strips the gold off the carbon after it has been captured in processing). It arrives in Q3 and takes about two months to install. Any delays and the gold pour is delayed. Simples. The second is power. The plant needs a stable grid connection and a substation in place before commissioning. A favorable deal with the Nicaraguan grid operator reduces cost and helps de-risk things, but it is still not entirely within the company's control. Production guidance is now more conservative at 100,000 oz in 2027 rather than the previously touted 140,000 oz. That is probably realistic. Mines rarely hit peak output straight out of the gate. But what we have here is a transition from a single, depleting asset to a new core asset, with exploration upside on top if things go well. To get the re-rating, MTL needs to deliver La India on time, broadly on budget, and without too many operational mishaps. That sounds obvious, but many mining projects fail on at least one of those. There is also the jurisdictional risk. Nicaragua. But if MTL delivers, a company producing 100,000 oz a year at costs around $1,500/oz is not a £400 million company. It's bigger. It gets even more valuable if exploration success takes this to a district scale. Which is what we are hoping for. It's squeaky bum time, but I think we're going to be ok. If you'd like to read more from Dominic, you can sign up for The Flying Frisby<a href="https://www.theflyingfrisby.com/" target="_blank" rel="noopener"> here</a>. <a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a>Important Disclosures:<ol> <li>Dominic Frisby: I, or members of my immediate household or family, own securities of: Metals Exploration Plc. My company has a financial relationship with: None. My company has purchased stocks mentioned in this article for my management clients: None. 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> For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting" target="_blank" rel="noopener">here.</a> Dominic Frisby Disclosures: This letter is not regulated by the FCA or any other body as a financial advisor, so anything you read above does not constitute regulated financial advice. It is an expression of opinion only. Please do your own due diligence and if in any doubt consult with a financial advisor. Markets go down as well as up, especially junior resource stocks. We do not know your personal financial circumstances, only you do. Never speculate with money you can’t afford to lose. <img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=30899"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=30899" width="0" height="0"> ( Companies Mentioned: MTL:LON, ) Thu, 02 Apr 2026 00:00:00 PST Copper Corp. Advances High-Grade Porphyry Skarn System, Led By Young Innovative Team https://www.streetwisereports.com/article/2026/04/02/copper-corp-advances-high-grade-porphyry-skarn-system-led-by-young-innovative-team.html Source: <a href="https://www.streetwisereports.com/article/2026/04/02/copper-corp-advances-high-grade-porphyry-skarn-system-led-by-young-innovative-team.html?utm_medium=feed">Robert Sinn 04/02/2026</a> Robert Sinn of Goldfinger Capital introduces a new favorite of his: Algo Grande Copper Corp. (ALGR:TSX.V).On March 19, 2026, <a href="https://www.streetwisereports.com/pub/co/11488?utm_medium=feed" target="_blank" rel="noopener">Algo Grande Copper Corp. (ALGR:TSX.V)</a> <a href="https://algo-grande.com/news/algo-grande-launches-advanced-geophysical-and-geochemical-programs-ahead-of-phase-ii-drilling-in-q2-2026" target="_blank" rel="noopener">announced the commencement</a> of advanced surface and geophysical programs at its 100%-owned Adelita Project in Sonora, Mexico, designed to refine and prioritize drill targets ahead of its Phase II drill program scheduled to commence in Q2 2026. The integrated exploration campaign includes: <ul> <li> High-resolution LiDAR survey (license wide) </li> <li> Drone-based magnetic survey </li> <li> Systematic soil geochemical sampling program </li> </ul> I connected with Algo Grande CEO Enrico Gay and VP of Exploration João Rocha for an introduction to Algo Grande and what investors can expect from ALGR in 2026. <a href="https://www.youtube.com/watch?v=Ji1Lan8lxEU" target="_blank" rel="noopener">You can view the video here.</a> I used the recent market correction to initiate a position in ALGR shares. I look forward to the aggressive news cycle the company has planned for the next several months. <a href="https://drive.google.com/file/d/15fENdrT-PsVccz8H65udgE8OcDCrqxtB/view" target="_blank" rel="noopener">You can see Algo Grande Copper's updated corporate presentation here.</a> <h2 style="text-align: center;">Algo Grande Copper Corp. – Top 5 Investor Highlights</h2> <ul> <li> High-Grade Copper Discovery: Maiden drilling confirms strong copper mineralization, including 14.79m @ 1.4% CuEq and 1.85m @ 4.1% Cu + 11 g/t Au + 150 g/t Ag </li> <li> Multiple High-Grade Skarns Identified: Discovery of additional high-grade skarn systems along a 6km mineralized corridor, highlighting significant scale potential beyond the initial zone </li> <li> Porphyry Upside at Depth: Geological indicators suggest a potential copper porphyry source beneath Cerro Grande, offering a second layer of large-scale upside </li> <li> Defined Expansion Targets: Magnetite-rich skarn horizons identified through detailed drone magnetic surveys, providing clear step-out drill targets for the Phase II program </li> <li> Tier-One Technical Backing: Supported by Peter Megaw (MAG Silver) and Raymond Jannas (ATEX Resources), bringing proven discovery, development, and M&A track records that significantly de-risk exploration and enhance strategic upside </li> </ul> <a href="https://robertsinn.substack.com/" target="_blank" rel="noopener">If you like this, you can see more from Robert Sinn here.</a> <a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a>Important Disclosures:<div id="dis_drop"> <div id="dis_drop_contents" class="open"> <ol> <li>Algo Grande Copper Corp. has a consulting relationship with Street Smart an affiliate of Streetwise Reports. Street Smart Clients pay a monthly consulting fee between US$8,000 and US$20,000.</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 Algo Grande Copper Corp.</li> <li>Robert Sinn: I, or members of my immediate household or family, own securities of: Algo Grande Copper Corp. My company has a financial relationship with: Algo Grande Copper Corp. My company has purchased stocks mentioned in this article for my management clients: None. 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> For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting" target="_blank" rel="noopener">here.</a> Robert Sinn Disclosures The work included in this article is based on current events, technical charts, company news releases, corporate presentations and the author’s opinions. It may contain errors, and you shouldn’t make any investment decision based solely on what you read here. This publication contains forward-looking statements, including but not limited to comments regarding predictions and projections. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements. This article is provided for informational and entertainment purposes only and is not a recommendation to buy or sell any security. Always thoroughly do your own due diligence and talk to a licensed investment adviser prior to making any investment decisions. Junior resource companies can easily lose 100% of their value so read company profiles on www.SEDARplus.ca for important risk disclosures. It’s your money and your responsibility. </div> </div><img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=30893"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=30893" width="0" height="0"> ( Companies Mentioned: ALGR:TSX.V, ) Thu, 02 Apr 2026 00:00:00 PST Tanzania Gold Co. To Advance Imwelo and Tembo Projects Toward Production https://www.streetwisereports.com/article/2026/04/02/tanzania-gold-co-to-advance-imwelo-and-tembo-projects-toward-production.html Source: <a href="https://www.streetwisereports.com/article/2026/04/02/tanzania-gold-co-to-advance-imwelo-and-tembo-projects-toward-production.html?utm_medium=feed">Ben Pirie 04/02/2026</a> Lake Victoria Gold Ltd. (LVG:TSX; LVGLF:OTCQB; E1K:FSE) secured a US$25M gold loan facility with Monetary Metals and a CA$3M convertible debenture, with key catalysts including Imwelo construction and a potential toll milling deal at Tembo expected to drive near-term production, noted Atrium Research.Atrium Research analysts Ben Pirie and Nicholas Cortellucci, CFA, published a research flash on April 1, 2026, maintaining their BUY rating and CA$0.50 target price on <a href="https://www.streetwisereports.com/pub/co/11073?utm_medium=feed" target="_blank" rel="noopener">Lake Victoria Gold Ltd. (LVG:TSX; LVGLF:OTCQB; E1K:FSE)</a>, representing a 61% return to target from the current share price of CA$0.31. The updated coverage follows the company's announcement of two new financing facilities that the analysts describe as "one of the last key steps for LVG to move Imwelo towards full construction and a defined path to production." <h2 class="font-claude-response-body break-words whitespace-normal leading-[1.7]" style="text-align: center;">Financing Announcements</h2> Lake Victoria Gold has secured a gold loan facility of up to approximately US$25 million with Monetary Metals & Co., a U.S.-based precious metals financing platform, equivalent to 6,000 ounces of gold. The facility carries a 15% annual interest rate, a multi-year term with structured amortization, and includes 2.5 million warrants with a three-year term priced off the 30-day VWAP. Proceeds are designated to fund Imwelo development, including engineering and site advancement. Atrium notes the loan is priced at a discount to spot but is notably higher than terms that would have been available a year prior, describing this as "a large benefit to the timeline delay." Simultaneously, the company has secured a fully committed CA$3.0 million non-brokered convertible debenture, carrying a 5.0% coupon and a 36-month term, convertible at CA$0.31 per share. The debentures include warrants equal to 50% of conversion shares, exercisable at CA$0.40 per share over three years. Proceeds will be used to advance development at both the Imwelo and Tembo projects. <h2 class="font-claude-response-body break-words whitespace-normal leading-[1.7]" style="text-align: center;">Tembo Project Update</h2> On March 25, 2026, Lake Victoria Gold announced two parallel workstreams advancing the Tembo Project toward near-term production. Tanzania's Mining Commission has formally initiated the process to incorporate the government's statutory 16% non-dilutable free carried interest in the Tembo mining licenses, which Atrium characterizes as effectively de-risking the project "from a permitting and ownership standpoint." Concurrently, LVG is in advanced negotiations toward a binding toll milling agreement with Nyati Resources, which would leverage existing regional processing infrastructure to minimize upfront capital requirements and accelerate timelines. <h2 class="font-claude-response-body break-words whitespace-normal leading-[1.7]" style="text-align: center;">Strategic Outlook</h2> Atrium views the combination of these two financing structures favorably, noting they "limit dilution to shareholders while the Company advances both projects." The firm highlights that the potential for near-term gold production from two separate assets — Imwelo and Tembo — does not appear to be reflected in the current share price. Key upcoming catalysts include ongoing Barrick progress and drilling results at Tembo, and Imwelo construction commencement targeted for Q2–Q3 2026, with first gold production estimated for 2027. <h2 class="font-claude-response-body break-words whitespace-normal leading-[1.7]" style="text-align: center;">Valuation & Key Metrics</h2> On the valuation front, Atrium carries a net asset value estimate of US$158.2 million for Lake Victoria Gold, implying the stock currently trades at 0.32x NAV. The company's enterprise value stands at approximately CA$67.8 million, with CA$3.9 million in pro-forma cash and CA$1.2 million in debt. Gold production is not expected until 2027, at which point the firm projects 8,700 ounces, generating net revenue of CA$38.7 million, cash flow of CA$8.9 million, cash costs of US$1,407 per ounce, and an all-in sustaining cost of US$2,031 per ounce. The stock currently trades at 7.9x estimated 2027 cash flow per share. <a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a>Important Disclosures:<ol> <li>Lake Victoria Gold 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>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 Lake Victoria Gold Ltd. and Barrick Mining Corp.</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> For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting" target="_blank" rel="noopener">here.</a> Disclosures for Atrium Research, Lake Victoria Gold Ltd., April 1, 2026 Analyst Certification Each authoring analyst of Atrium Research on this report certifies that (i) the recommendations and opinions expressed in this research accurately reflect the authoring analyst’s personal, independent and objective views about any and all of the designated securities discussed (ii) no part of the authoring analyst’s compensation was, is, or will be, directly or indirectly, related to the specific recommendations or views expressed in the research, (iii) to the best of the authoring analyst’s knowledge, she/he is not in receipt of material non-public information about the issuer, (iv) the analyst does not own common shares, options, or warrants in the company under coverage, (v) the analysts adhere to the CFA Institute guidelines for analyst independence, and (vi) this report belongs to the CFA Institute. Atrium Research Ratings System BUY: The stock is expected to generate returns of over 20% over the next 24 months. HOLD: The stock is expected to generate returns of 0-20% over the next 24 months. SELL: The stock is expected to generate negative returns over the next 24 months. NOT RATED (N/R): Atrium does not provide research coverage on the respective company. RATING COVERED COMPANIES BUY 44 HOLD 0 SELL 0 About Atrium Research Atrium Research provides institutional quality company sponsored research on public equities in North America. Our investment philosophy takes a 3-5 year view on equities currently being overlooked by the market. Our research process emphasizes understanding the key performance metrics for each specific company, trustworthy management teams, and an in-depth valuation analysis. For further information on our team, please visit https://www.atriumresearch.ca/team. General Information Atrium Research Corporation (ARC) has created and distributed this report. This report is a general discussion of the merits and risks of a security or securities only, was prepared for general circulation, is not in any way meant to be tailored to the needs and circumstances of any recipient and does not provide investment recommendations specific to individual investors. As such, the securities discussed in this report may not be suitable for all investors and investors must make their own investment decisions based upon their specific investment objectives and financial situation, utilizing their own financial advisors as they deem necessary. This report is based on information we considered reliable; we have not been provided with any material non-public information by the company (or companies) discussed in this report. We do not represent that this report is accurate or complete and it should not be relied upon as such; further any information in this report is subject to change without any formal or type of notice provided. Investors should consider this report as only one factor in their investment decisions; this report is not intended as a replacement for investor’s independent judgment. ARC is not a CIRO registered dealer and does not offer investment-banking services to its clients. ARC (and its employees) do not own, trade or have a beneficial interest in the securities of the companies we provide research services for and does not serve as an officer or Director of the companies discussed in this report. ARC does not make a market in any securities. This report is not disseminated in connection with any distribution of securities and is not an offer to sell or the solicitation of an offer to buy any security in any jurisdiction where such an offer or solicitation would be illegal. ARC does not make any warranties, expressed or implied, as to the results to be obtained from using this information and makes no express of implied warranties for particular use. Anyone using this report assumes full responsibility for whatever results they obtain. This report does not constitute a personal recommendation or take into account any financial or investment objectives, portfolio holdings, strategy, financial situations or needs of individuals. This report has not been prepared for any particular individual or institution. As such, any advice or recommendation in this report may not be suitable for a particular recipient. ARC assumes recipients of this report are capable of evaluating the information contained herein and of exercising independent judgment. A recipient of this report should not make any investment decision without first considering whether any advice or recommendation in this report is suitable for the recipient based on the recipient’s particular circumstances and, if appropriate or otherwise needed, seeking professional advice, including tax advice. ARC does not perform any suitability or other analysis to check whether an investment decision made by the recipient based on this report is consistent with a recipient’s investment objectives, portfolio holdings, strategy, financial situation, or needs. Past performance is not an indication or guarantee of future results, future returns are not guaranteed, and loss of original capital may occur. By providing this report, ARC does not accept any authority, discretion, or control over the management of the recipient’s assets. Any action taken by the recipient of this report, based on the information in the report, is at the recipient’s sole judgment and risk. The recipient must perform his or her own independent review of any prospective investment. Neither ARC nor any person employed by ARC accepts any liability whatsoever for any direct or indirect loss resulting from any use of its research or the information it contains. This report contains "forward-looking" statements. Forward-looking statements regarding the Company and/or stock’s performance inherently involve risks and uncertainties that could cause actual results to differ from such forward-looking statements. Such statements involve a number of risks and uncertainties such as competition, market demand, and the company’s (and management’s) ability to correctly forecast financial estimates. As a result, the actual results, events, performance or achievements of the financial product may be materially different from those expressed or implied in such statements. Please see the Company’s MD&A “Risk Factors” Section for a more complete discussion of company specific risks for the company discussed in this report. Any opinion or estimate constitutes the preparer's best judgment as of the date of preparation, and is subject to change without notice. ARC assumes no obligation to maintain or update this report based on subsequent information and events. ARC is receiving a cash compensation from Lake Victoria Gold. for 9-months of research coverage. This report was disseminated on behalf of Lake Victoria Gold. ARC retains full editorial control over its research content. ARC does not have investment banking relationships and does not expect to receive any investment banking driven income. ARC reports are primarily disseminated electronically and, in some cases, printed form. Electronic reports are simultaneously available to all recipients in any form. This report or any portion hereof may not be copied, reprinted, sold, or redistributed or disclosed by the recipient or any third party, by content scraping or extraction, automated processing, or any other form or means, without the prior written consent of ARC. Any unauthorized use is prohibited. Neither ARC nor any of its respective directors, officers or employees is responsible for guaranteeing the financial success of any investment, or accepts any liability whatsoever for any direct, indirect or consequential damages or losses arising from any use of this report or its contents. To receive future reports on covered companies please visit https://www.atriumresearch.ca/research or subscribe on our website. This report has been prepared independently of any issuer of securities mentioned herein and not as agent of any issuer of securities. No ARC personnel have authority whatsoever to make any representations or warranty on behalf of the Company. Any comments or statements made herein are those of ARC. The information contained herein is not, and under no circumstances is to be construed as, an offer to sell securities described herein, or solicitation of an offer to buy securities described herein, in Canada or any province or territory thereof. Any offer or sale of the securities described herein in Canada will be made only under an exemption from the requirements to file a prospectus with the relevant Canadian securities regulators, if applicable, and only by a dealer properly registered under applicable securities laws or, alternatively, pursuant to an exemption from the dealer registration requirement in the relevant province or territory of Canada in which such offer or sale is made. The information contained herein is under no circumstances to be construed as investment advice in any province or territory of Canada and is not tailored to the needs of the recipient. To the extent that the information contained herein references securities of an issuer incorporated, formed or created under the laws of Canada or a province or territory of Canada, any trades in such securities must be conducted through a dealer registered in Canada. No securities commission or similar regulatory authority in Canada has reviewed or in any way passed judgment upon this research report, the information contained herein or the merits of the securities described herein, and any representation to the contrary is an offence. The information contained in this report is intended to be viewed only in jurisdictions where it may be legally viewed and is not intended for use by any person or entity in any jurisdiction where such use would be contrary to local regulations or which would require any registration requirement within such jurisdiction.<img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=30892"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=30892" width="0" height="0"> ( Companies Mentioned: LVG:TSX; LVGLF:OTCQB; E1K:FSE, ) LVG:TSX; LVGLF:OTCQB; E1K:FSE Thu, 02 Apr 2026 00:00:00 PST US-Ukraine Defense Alliance Expands Into Multi-Domain Drone Systems as Global Demand Surges https://www.streetwisereports.com/article/2026/04/02/us-ukraine-defense-alliance-expands-into-multi-domain-drone-systems-as-global-demand-surges.html Source: <a href="https://www.streetwisereports.com/article/2026/04/02/us-ukraine-defense-alliance-expands-into-multi-domain-drone-systems-as-global-demand-surges.html?utm_medium=feed">Streetwise Reports 04/02/2026</a> Red Cat Holdings Inc. (RCAT:NASDAQ) entered into a strategic partnership with Ukraine's Spetstechnoexport to collaborate on next-generation unmanned and robotic systems across air, land, and maritime domains.<a href="https://www.streetwisereports.com/pub/co/9727?utm_medium=feed" target="_blank" rel="noopener">Red Cat Holdings Inc. (RCAT:NASDAQ)</a> reported that it has <a href="https://ir.redcatholdings.com/news-events/press-releases/detail/215/red-cat-announces-strategic-partnership-with-ukraines-spetstechnoexport-to-advance-multi-domain-uncrewed-systems-collaboration" target="_blank" rel="noopener">entered into a strategic partnership with Spetstechnoexport (STE), a state-owned enterprise under Ukraine's Ministry of Defense, to advance collaboration on next-generation unmanned and robotic systems. </a>The agreement was formalized through a memorandum of understanding establishing a framework for cooperation across air, land, and maritime domains. According to the company, the collaboration is intended to support the integration of advanced technologies, expand production capabilities, and enable broader access to U.S. and Ukrainian defense innovations in global markets. Red Cat stated that the partnership positions it among the first U.S. companies to formally collaborate with a Ukrainian state-owned defense enterprise on multi-domain unmanned systems. The announcement followed a joint event held in Ukraine earlier in the month, where Red Cat and STE convened defense stakeholders, technology developers, and operational end users to showcase emerging unmanned systems and identify opportunities for further cooperation. "This partnership reflects a fundamental shift in how allied nations collaborate to rapidly develop, scale, and deploy unmanned systems," <a href="https://ir.redcatholdings.com/news-events/press-releases/detail/215/red-cat-announces-strategic-partnership-with-ukraines-spetstechnoexport-to-advance-multi-domain-uncrewed-systems-collaboration" target="_blank" rel="noopener">said Chris Ericson, Chief Operating Officer at Red Cat, in a company news release.</a> "Ukraine has become a proving ground for new defense technologies, and STE plays a critical role in connecting those innovations to global partners. Together, we are creating a pathway to accelerate capability development and deliver mission-ready solutions across multiple domains." STE was described by the company as a key integrator within Ukraine's defense technology ecosystem, facilitating international partnerships, export coordination, and the scaling of advanced systems for operational deployment. Red Cat stated that it will work alongside STE and Ukrainian developers to explore joint initiatives aligned with evolving mission requirements in contested environments. The company noted that the collaboration aligns with its broader strategy to deliver a fully integrated Family of Systems, combining aerial, ground, and maritime platforms with secure communications and scalable manufacturing to support military and security operations. <div class="flex flex-col text-sm pb-25"> <section class="text-token-text-primary w-full focus:outline-none [--shadow-height:45px] has-data-writing-block:pointer-events-none has-data-writing-block:-mt-(--shadow-height) has-data-writing-block:pt-(--shadow-height) [&:has([data-writing-block])>*]:pointer-events-auto scroll-mt-[calc(var(--header-height)+min(200px,max(70px,20svh)))]" dir="auto" data-turn-id="request-WEB:f84c7f3c-9064-4ddc-bf73-e66abe5e2836-14" data-testid="conversation-turn-12" data-scroll-anchor="true" data-turn="assistant"> <div class="text-base my-auto mx-auto pb-10 [--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"> <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+&]:mt-1" dir="auto" tabindex="0" data-message-author-role="assistant" data-message-id="91dd2ba5-2591-4883-87f8-feccc21a26f0" data-message-model-slug="gpt-5-3" data-turn-start-message="true"> <div class="flex w-full flex-col gap-1 empty:hidden"> <div class="markdown prose dark:prose-invert w-full wrap-break-word dark markdown-new-styling"> <h2 style="text-align: center;" data-start="0" data-end="122">Defense Technology and Autonomous Systems Sector Evolves </h2> <a href="https://united24media.com/latest-news/ukraine-unveils-ai-platform-for-training-unmanned-systems-with-real-world-battlefield-data-16794" target="_blank" rel="noopener">According to a March 12 announcement from Ukrainian government officials, defense technology development had increasingly incorporated artificial intelligence and real-world battlefield data. </a>Officials stated that a newly launched platform would allow partners to "safely and efficiently train models without accessing sensitive databases," enabling faster development of autonomous systems. Ukraine's Defense Minister Mykhailo Fedorov said, "The future of warfare lies in autonomous systems," adding that the goal was to enhance systems so they could "detect targets faster, analyze situations, and assist in decision-making on the battlefield." The announcement also noted that millions of annotated data points from combat operations were being used to train neural networks for unmanned systems. <blockquote class="callOut left" data-start="124" data-end="773">The analyst included a statement from CEO Jeff Thompson that "the factory is the weapon" in the current defense technology environment. The report added that "Red Cat appears to be positioning itself to compete on throughput, not just technology."</blockquote> <a href="https://www.cnbc.com/2026/03/28/iran-war-defense-tech-drones-trump-hegseth.html" target="_blank" rel="noopener">According to a March 28 report from CNBC, modern conflict dynamics had been "driving demand for lower-cost tech,"</a> particularly as traditional munitions were rapidly depleted while lower-cost drone systems demonstrated operational impact. Defense Secretary Pete Hegseth stated, "We cannot afford to shoot down cheap drones with US$2 million missiles," adding that forces "must be able to field large quantities of capable attack drones." The report noted that newer systems remained a small portion of defense budgets, stating that such technologies accounted for "only US$4.7 billion of the fiscal 2026 budget," despite increasing battlefield relevance. The same report indicated that demand signals across the sector had intensified, with companies reporting that "demand has skyrocketed" and customers had "offered to buy out capacity or asked firms to ramp production." Industry participants also described scaling challenges tied to procurement structures, while one executive stated, "If you're waiting for the contract to scale production, you're already too late." CNBC further reported that sector investment activity had expanded significantly, with deal value rising to US$49.9 billion, though spending still represented "less than 1% of contract dollars in 2025," highlighting a gap between adoption and funding allocation. <a href="https://nationaltoday.com/us/dc/washington/news/2026/03/30/ukraine-emerges-as-a-global-drone-tech-hub-amid-war/" target="_blank" rel="noopener">A March 30 report from Washington Today stated that the conflict in Ukraine had "transformed the country into a hub for unmanned systems development,"</a> with companies producing drones at scale and advancing both hardware and AI-driven capabilities. The report highlighted the cost efficiency of emerging systems, noting that interceptor drones costing "as little as US$4,000 to US$5,000" contrasted with traditional air defense systems priced at approximately US$4 million per missile. Ukrainian officials also emphasized the value of operational experience, with Ambassador Olga Stefanishyna stating, "The expertise gained is hard to replicate quickly, even with advanced equipment and training." The report further noted that production capacity had expanded rapidly, with some manufacturers producing tens of thousands of units monthly, while also working to localize supply chains and reduce reliance on external components. It added that companies were developing "some of the world's most advanced AI-powered systems for drones," with capabilities operating directly onboard rather than relying on cloud connectivity. </div> </div> </div> </div> </div> </div> </section> </div> <h2 style="text-align: center;" data-start="2064" data-end="2334">Technical Breakout and Multi-Domain Platform Development Highlighted by Analysts</h2> <a href="https://www.streetwisereports.com/article/2026/01/21/how-far-can-this-defense-stock-go.html?utm_medium=feed" target="_blank" rel="noopener">According to a January 21 report from John Newell of John Newell & Associates</a>, "Red Cat Holdings Inc.'s chart continues to validate the original thesis." He wrote that what began as "a base-and-breakout setup" had developed into "a sustained uptrend with higher highs, higher lows, and repeatable pullbacks that respect key Fibonacci support." Newell stated that "all early targets have been met and exceeded," which shifted the discussion from "does it work?" to "how far can this trend carry?" He added that the "big picture target of US$6.50 was not only reached but exceeded decisively," which he said confirmed "a structural change in the stock's behavior." He also noted that "since breaking above US$6.50, RCAT has entered a more volatile but constructive phase," writing that the price had been "working through a rising channel, with pullbacks consistently finding support near the 0.618 Fibonacci retracement." According to Newell, "this is not the behavior of a stock topping out, but one building energy for another leg higher." Newell further wrote that "from here, the next upside objectives are clearly defined," stating that "initial resistance sits near US$22.50, followed by a higher target zone around US$23.25." He concluded that "the key technical takeaway is this: RCAT has transitioned from a breakout story into a trend-following name." In a March 2 report from Needham & Company, analyst Austin Bohlig reiterated a Buy rating on Red Cat Holdings Inc. with a US$16.00 price target. The report listed the company's share price at US$11.65 with a 52-week range of US$4.58 to US$18.02. According to the report, "We are reiterating our buy rating and US$16 price target, as we walked away meaningfully more impressed with the multi-domain unmanned operating platform that Red Cat is building following its Innovation Day." The analyst stated that the event included a live demonstration of the company's Variant 7 uncrewed surface vessel operating in coordination with multiple Black Widow systems during a simulated tactical mission set. The report also stated that "the demonstration clearly marked the company's transition from a single-platform drone manufacturer to a legitimate multi-domain unmanned systems provider with the formal launch of its Variant 7 USV." Needham & Company also wrote that "we walked away incrementally more upbeat on the 2026 growth trajectory," and noted that more than US$2B in direct Department of War program funding across the uncrewed surface vessel and unmanned aerial systems portfolio was available. The analyst also referenced manufacturing expansion and included a statement from CEO Jeff Thompson that "the factory is the weapon" in the current defense technology environment. The report added that "Red Cat appears to be positioning itself to compete on throughput, not just technology." <h2 style="text-align: center;" data-start="115" data-end="180">Expanding Multi-Domain Manufacturing and Platform Development</h2> <a href="https://ir.redcatholdings.com/_assets/_412492d3ad849df65333153d51471ee3/redcatholdings/db/1160/11383/pdf/Red-Cat_Investor-Deck.pdf" target="_blank" rel="noopener">According to the company's latest investor presentation</a>, Blue Ops partnered with Hodgdon Shipbuilding to produce the first five uncrewed surface vessel prototypes, with construction taking place at facilities in Boothbay and Damariscotta, Maine. The shipbuilder was also expected to serve as a research and development site as the company continued refining mission-specific variants of its USV platforms. The same presentation stated that Blue Ops leased a 155,000-square-foot manufacturing facility in Valdosta, Georgia, establishing a production hub intended to support and scale full-rate manufacturing of uncrewed surface vessels. The facility was described as part of efforts to expand U.S.-based production capacity. The investor presentation also outlined the company's broader platform strategy, which included integrating maritime, aerial, and ground-based systems into a unified multi-domain framework. This approach incorporated subsidiaries such as Teal Drones, focused on military and law enforcement unmanned aerial systems, and FlightWave, which develops long-range autonomous VTOL drones and sensors. In addition, the presentation noted that future acquisitions were expected to form part of the company's development roadmap, with the stated objective of advancing battlefield technologies and expanding system capabilities across multiple operational domains. [OWNERSHIP_CHART-9727] The materials also described ongoing development of platform capabilities, including uncrewed surface vessels designed for extended range, modular payload integration, and interoperability with aerial systems, supporting multi-domain operations across sea, air, and land environments. <h2 style="text-align: center;">Ownership and Share Structure1</h2> The ownership breakdown of Red Cat is 11.75% by eight strategic entities, 39.44% by more than 240 institutions, and the remainder by retail investors. The largest shareholder overall is Red Cat CEO Jeffrey Thompson with 10.78%. The company has 119.37 million shares outstanding, a market cap of US$1.80 billion, and a 52-week range of US$4.58 to US$18.02. <a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a>Important Disclosures:<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</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> For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting" target="_blank" rel="noopener">here.</a> 1. Ownership and Share Structure Information 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.<img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=30891"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=30891" width="0" height="0"> ( Companies Mentioned: RCAT:NASDAQ, ) Thu, 02 Apr 2026 00:00:00 PST Philly Biotech Co. Develops High-Potential Autoimmune Therapy Breakthrough https://www.streetwisereports.com/article/2026/04/02/philly-biotech-co-develops-high-potential-autoimmune-therapy-breakthrough.html Source: <a href="https://www.streetwisereports.com/article/2026/04/02/philly-biotech-co-develops-high-potential-autoimmune-therapy-breakthrough.html?utm_medium=feed">Streetwise Reports 04/02/2026</a> Cabaletta Bio Inc. (CABA:NASDAQ) pushes rese-cel CAR T program forward with strong clinical momentum, production scalability, and analyst-backed upside potential.Cabaletta Bio Inc. (CABA:NASDAQ) released its Q4 2025 and full-year 2025 financial results on March 23, 2026. <a href="https://www.cabalettabio.com/about" target="_blank" rel="noopener">Cabaletta</a> focuses on late-stage biotechnology and targeted cell therapies for autoimmune diseases and is headquartered in Philadelphia, U.S. <a href="https://www.stockwatch.com/News/Item/U-z9676380-U!CABA-20260323/U/CABA" target="_blank" rel="noopener">A news release from the company said</a> that Cabaletta closed 2025 with a cash balance of US$133.6 million, which was down from US$164 million in 2024. Since the beginning of 2026, however, the company has raised an additional US$30 million from common stock warrants set to expire in September of this year and ATM sales. Research and development costs went up as well in Q4 2025 and full-year 2025, from US$25.5 million and US$97.2 million, respectively, in 2024 to US$36.2 million and US$142.7 million in 2025. Administrative expenses stayed relatively level in 2025, though, with Q4 2025 and full-year 2025 costs at US$6.4 million and US$29.6 million, respectively, and 2025 costs coming in at US$8.3 million and US$27.9 million. Cabaletta is working on a new T cell therapy called rese-cel. It is ". . . an investigational, autologous CAR T cell therapy engineered with a fully human CD19 binder and a 4-1BB co-stimulatory domain, designed specifically for the treatment of autoimmune diseases. Administered as a single, weight-based infusion, rese-cel has demonstrated the ability to transiently, reliably, and deeply deplete CD19-positive cells, with the goal of resetting the immune system and achieving durable clinical responses without the need for chronic therapy. Cabaletta is evaluating rese-cel in the RESET™ (REstoring SElf-Tolerance) clinical development program, which includes multiple ongoing company-sponsored trials across a broad range of autoimmune diseases in rheumatology, neurology, and dermatology." <h2 style="text-align: center;">Wavering Pharma Sector Still Up</h2> 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 Fierce Biotech by Nick Paul Taylor. He</a> 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." At the same time, <a href="https://sherwood.news/business/big-pharma-enters-2026-with-an-appetite-for-deals/?utm_source=snacks&utm_medium=email&utm_campaign=snacks_20260115&utm_content=bfea3c16b556ba0bea098082b252b3be" target="_blank" rel="noopener">J. Edward Moreno of Sherwood News reported</a> contradictory news on January 14, 2026, writing that, "In 2025, announced global biotech deals totaled US$228.4 billion, up from US$132.3 billion in 2024, data from Dealogic shows . . . Just two weeks into 2026, US$9.2 billion in deals have been announced." According to Moreno, movement is expected in the sector: "As some of the most lucrative drugs lose exclusivity in the next few years, pharmaceutical giants are increasingly shopping around for biotechs to add to their portfolios — and they are more than happy to pay a hefty premium for the right company . . . For some Big Pharma companies, business development spending is now about equal to, or more than, research and development." This statement could explain the emerging drop in research and development spending at biotech and pharma companies. <a href="https://www.biospace.com/business/pharma-r-d-spend-drops-3-6-as-pipeline-prioritizations-take-shape" target="_blank" rel="noopener">On March 25, 2026, BioSpace's Annalee Armstrong reported</a> that, "R&D spending at the top 16 pharmaceutical companies declined by 3.6% overall in 2025, as many aggressively cut spending and refocused pipelines." <h2 style="text-align: center;">Production Potential Earns 'Buy' Rating</h2> Douglas Tsao and Luci Lai for H.C. Wainwright & Co. gave Cabaletta Bio a 'Buy' rating on April 1, 2026, citing its outpatient dosing trial as an important feature of the rese-cel program. Commenting on the company's pairing with Cellares' Cell Shuttle system, the analysts wrote, " We believe rese-cel's ease of administration is a competitive differentiator that will matter. If outpatient administration proves feasible in practice, it should reduce hospital resource use and make rese-cel easier to adopt than traditional oncology CAR T." According to the analysts, Cabaletta management has stated that the company has enough capital to fund its current operating plan for the rest of the year. The analysts closed their report by offering a target price of US$16. <h2 style="text-align: center;">Catalysts</h2> "As we advance our core clinical programs for rese-cel with preconditioning and standard manufacturing, we have meaningfully advanced two potentially transformative innovations: rese-cel with no preconditioning and automated manufacturing using the Cellares Cell Shuttle. Clinical data on both innovations are on track to be shared in the first half of this year with durability data to follow later this year. Clinical data currently suggest that rese-cel offers a competitive profile that may reliably deliver an immune reset following a single, weight-based infusion with a safety profile that facilitates outpatient delivery with — or potentially without — preconditioning," <a href="https://www.stockwatch.com/News/Item/U-z9676380-U!CABA-20260323/U/CABA" target="_blank" rel="noopener">said Steven Nichtberger, M.D., and CEO of Cabaletta</a>, on March 23, 2026. In the first half of 2026,<a href="https://www.stockwatch.com/News/Item/U-z9676380-U!CABA-20260323/U/CABA" target="_blank" rel="noopener"> Cabaletta expects to report </a>the initial clinical experience with rese-cel through Cellares' manufacturing platform. The company's goal is to ensure Good Manufacturing Practice (GMP) readiness. If the Cellares Integrated Development and Manufacturing (IDMO) Smart Factory trial is successful, Cabaletta will be able to significantly scale production at a minimal cost. In the second half of 2026, the company hopes to release clinical data from patient trials. [OWNERSHIP_CHART-11564] Two formulas currently being tested, RESET-SLE and RESET-PV, are expected to produce initial data in the first half of 2026 and durable data in the second half. Dose-ranging durability data from RESET-PV trials are expected throughout the year. <a href="https://www.stockwatch.com/News/Item/U-z9676380-U!CABA-20260323/U/CABA" target="_blank" rel="noopener">The press release also noted</a> that, ". . . The registrational dermatomyositis (DM) and antisynthetase syndrome (ASyS) cohort is enrolling and is expected to evaluate 17 patients with a 16-week primary endpoint of moderate or major total improvement score response while off immunomodulators and on no or low-dose steroids. If successful, data from this cohort will support Cabaletta's first projected Biologics License Application (BLA) submission for rese-cel in myositis in 2027." <h2 style="text-align: center;">Ownership & Share Structure1</h2> Cabaletta Bio Inc. has a market cap of US$299.46 million, with 111.32 million shares outstanding. The company has a 52-week range of US$0.99-US$3.78. Institutions hold 68.51% of shares, while Management & Insiders hold 1.46%. The remaining 30.03% of shares are Retail. <a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a>Important Disclosures:<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>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.</li> </ol> For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting">here.</a> 1. Ownership and Share Structure Information 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. <img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=30890"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=30890" width="0" height="0"> ( Companies Mentioned: CABA:NASDAQ, ) Thu, 02 Apr 2026 00:00:00 PST Gold Developer Secures US$25M Financing for Tanzania Project https://www.streetwisereports.com/article/2026/04/01/gold-developer-secures-us-25m-financing-for-tanzania-project.html Source: <a href="https://www.streetwisereports.com/article/2026/04/01/gold-developer-secures-us-25m-financing-for-tanzania-project.html?utm_medium=feed">Streetwise Reports 04/02/2026</a> Lake Victoria Gold Ltd. (LVG:TSX; LVGLF:OTCQB; E1K:FSE) takes out a gold loan facility worth up to US$25 million. The funding is crucial, one analyst says.<a href="https://www.streetwisereports.com/pub/co/11073?utm_medium=feed" target="_blank" rel="noopener">Lake Victoria Gold Ltd. (LVG:TSX; LVGLF:OTCQB; E1K:FSE)</a> announced that it has finalized the terms for a gold loan facility of up to 6,000 ounces of gold (approximately US$25 million) with Monetary Metals & Co., <a href="https://lakevictoriagold.com/lake-victoria-gold-secures-up-to-a-us25-million-gold-loan-from-monetary-metals-plus-fully-committed-3-0-million-convertible-debenture-financing/" target="_blank" rel="noopener">according to an April 1 release</a>. This agreement is complemented by a fully committed CA$3 million non-brokered convertible debenture financing, the release noted. Lake Victoria Gold said the gold loan facility is a crucial advancement in securing non-dilutive, project-level financing for the development of the company’s Imwelo Gold Project in Tanzania. Concurrently, the convertible debenture financing will provide immediate funds to expedite ongoing work programs. This announcement follows a previous declaration on December 3, 2024, about a gold financing initiative with Monetary Metals, and the current binding term sheet marks a significant progression towards finalizing a definitive financing solution for the Imwelo project. While the term sheet solidifies certain essential commercial terms, it is still subject to the completion of due diligence, definitive documentation, and standard regulatory approvals. "This financing allows us to immediately accelerate work programs on the ground at Imwelo and advance key initiatives across both Imwelo and Tembo without delay," Chief Executive Officer and Director Marc Cernovitch said. "With capital now in place, our focus is on execution — progressing engineering, advancing site activities, and moving Imwelo toward development. At the same time, the Monetary Metals facility provides a clear pathway to larger-scale project financing, supporting our objective of bringing Imwelo into production." Executive Chairman and Chief Financial Officer Simon Benstead added, "This financing structure is designed to bridge near-term capital requirements with longer-term project funding. The combination of a gold-denominated facility with repayment in gold ounces and a fully committed convertible debenture provides funding certainty while minimizing dilution. We are focused on building a disciplined capital structure to support development and advance Imwelo toward construction." <h2 style="text-align: center;">Details of the Agreements</h2> Lake Victoria Gold Ltd. has structured a significant financial arrangement with Monetary Metals, setting up a gold loan facility for up to 6,000 ounces of gold, approximately valued at US$25 million, the release said. This facility is uniquely denominated in gold ounces, aligning closely with the future gold production from the Imwelo Gold Project. It features a 15% annual interest rate and is structured over multiple years with a planned amortization profile, designed as a non-dilutive financing solution for the project. The proceeds are earmarked for the development of the Imwelo Gold Project. Additionally, the agreement includes an equity participation component, offering 2,500,000 warrants exercisable over three years at a price determined by the 30-day VWAP of the Company’s shares at closing, subject to regulatory approvals by the TSX Venture Exchange. The company aims to close this agreement within the next 60-90 days, pending due diligence, definitive agreements, and regulatory approvals. "With the Imwelo gold project, we are deploying gold as productive capital," Money Metals CEO Keith Weiner said. "We believe that structuring financing in gold ounces aligns the interests of both parties and supports efficient project development. We are pleased to be working with Lake Victoria Gold to advance the project through to production.” In addition to the gold loan, the CA$3 million secured through a non-brokered private placement of unsecured convertible debentures will bear interest at 5% per annum, payable semi-annually, and are set for a 36-month term. The proceeds from this placement will accelerate development at the Imwelo Gold Project and advance the Tembo Project, among other corporate purposes, the company said. Insiders may participate in this placement, deemed a related party transaction exempt from certain formal valuation and minority shareholder approval requirements. This placement is subject to a statutory hold period of four months and one day, and approval from the TSX Venture Exchange. Monetary Metals, known for its innovative Gold Yield Marketplace™, offers gold-denominated financing, providing a yield on gold, paid in gold, to stakeholders in the precious metals sector. This approach allows investors to compound their gold holdings over time without incurring storage fees. <h2 style="text-align: center;">Analyst Says Steps Are Crucial for Co.</h2> These financial arrangements are set to expedite critical developments at the Imwelo project and further initiatives at both the Imwelo and Tembo projects, according to an updated research note by Atrium Research Analyst Ben Pirie on April 1. These steps are crucial as LVG moves towards full construction and a clear trajectory to production at Imwelo, the analyst said. "Additionally, on March 25, LVG announced it is advancing negotiations towards a binding agreement with Nyati Resources to support toll milling ore from the Tembo property at Nyati’s neighboring mill," Pirie wrote. "We are maintaining our BUY rating and target price of CA$0.50/share on Lake Victoria Gold." The announcements, coupled with the strategic developments on March 25, underscore LVG’s robust portfolio and its commitment to achieving near-term production, the analyst said. The financing methods chosen are designed to minimize shareholder dilution as the projects advance. The potential collaboration with Nyati offers a lower-risk production pathway with significant upside, which is currently undervalued by the market. The market has yet to fully recognize LVG’s potential to commence gold production from two assets in the near future, leveraging high gold prices. Looking ahead, LVG is focused on transforming its current momentum into concrete progress. This includes finalizing the agreement with Nyati, completing the government participation framework, and advancing technical work to support mine planning and operational readiness. These steps are pivotal in de-risking the Tembo project within the Tanzanian regulatory context and shifting towards execution by leveraging existing infrastructure to reduce initial capital outlays and expedite project timelines. On March 19, 2026, Alina Islam, a Mining Analyst at Red Cloud Securities, <a href="https://www.streetwisereports.com/article/2026/03/19/gold-co-advancing-toward-pfs-and-near-term-production.html?utm_medium=feed" target="_blank" rel="noopener">provided a detailed update on Lake Victoria Gold</a>, focusing particularly on the recent metallurgical test results from the company's operations. Although Lake Victoria Gold does not currently have a formal rating or target price set by Red Cloud, Islam highlighted that these latest results represent a significant de-risking milestone for the project. Notably, this batch of tests included, for the first time, both transitional and fresh sulfide rock from deeper sections of the planned mining pit, complementing earlier tests that primarily focused on oxide materials. Islam pointed out that the consistency of these new results with historical data from 2013, 2014, and 2017 boosts confidence in the predictability of recovery rates throughout the mining sequence and strongly supports the final plant design. The tests affirmed the effectiveness of the gravity plus carbon-in-leach (CIL) processing flowsheet, a method well-established in the Lake Victoria Goldfield and consistent with metallurgical profiles observed in other operational mines within the district. Additionally, Bond Work Index testing indicated a value of approximately 22.9 kWh/t, reflecting the relatively hard rock characteristic of the region's Archean greenstone deposits, yet manageable within conventional milling circuits. The Imwelo project, located just 12 kilometers west of AngloGold Ashanti Ltd.'s Geita mine, is a fully permitted, near-term development initiative operating under a 10-year mining license with comprehensive permissions for construction and production. A historical Preliminary Feasibility Study (PFS) from 2021 projected a 10-year open-pit operation beginning with an initial production of 12,000 ounces of gold, scaling up to 24,000 ounces, at an estimated all-in sustaining cost of US$1,500 per ounce. Lake Victoria Gold is currently integrating these metallurgical insights into final mine planning, process plant optimization, and engineering studies for a PFS anticipated around 2027, as Islam noted. The company is also advancing funding strategies to cover the estimated US$15 million capital cost. Looking ahead, Islam highlighted several potential catalysts that could positively impact the stock price, including an updated mineral resource estimate expected in 2026, a targeted pre-feasibility study around 2027, and ongoing exploration results from the company's Tembo project. <h2 style="text-align: center;">The Catalyst: Gold Starts Bouncing Back</h2> <a href="https://finance.yahoo.com/news/gold-prices-rally-but-tracks-worst-month-in-more-than-a-decade-202916132.html" target="_blank" rel="noopener">Ines Ferré reported for Yahoo! Finance on March 31</a> that gold prices experienced a notable increase due to optimistic expectations for a quick resolution to the Middle East conflict. Despite this uptick, gold recorded its most challenging month in over a decade. Gold futures surged by 3% as President Trump indicated that the conflict "won't last much longer," propelling bullion prices to exceed US$4,670 per troy ounce amid a general market rally. However, even with Tuesday's surge, gold futures concluded the month with their most significant drop since 2013. Similarly, spot gold prices rose during the session but were on track to mark their worst monthly performance since 2008. Despite the steep monthly decline, which momentarily cast doubt on gold's status as a safe haven, Wall Street views this downturn as temporary. Otavio Costa, founder and CEO of Azuria Capital, expressed optimism about the market's direction, stating, "Bottoms are always a process, and I do believe we are in the middle of one," in a post on Tuesday. <a href="https://www.kitco.com/news/article/2026-03-31/bloombergs-mcglone-says-gold-and-silver-may-have-hit-their-generational" target="_blank" rel="noopener">According to Neils Christensen writing for Kitco News on March 31</a>, the gold market is showing signs of stabilization with prices maintaining above US$4,500 an ounce, yet Mike McGlone, senior market analyst at Bloomberg Intelligence, cautions that the peak prices seen in January might be the highest for this generation. In his April metals outlook, McGlone highlighted the challenges gold faces following its sharp rise earlier in the year. He noted, "At the end of February, the metal stretched to its highest-ever level versus the Bloomberg Commodity Spot Index and its greatest premium to its 60-month moving average since 1980." [OWNERSHIP_CHART-11073] He further explained that the significant rally in 2025, which was the most robust since 1979, seemed to anticipate the Iran war, drawing a parallel to the 1980 peak when gold reached about $850 an ounce, a high that persisted until 2008. McGlone observed that gold is currently struggling as its speculative momentum has shifted its perception from a safe-haven asset to a risk asset, according to Christensen. He pointed out that gold’s 180-day volatility is now more than double that of the S&P 500 and is at its highest quarterly level since 2006. This volatility comes as gold is poised to record its worst monthly loss since the 1980s, with spot gold last trading at US$4,612.70 an ounce, down 12.5% for the month. McGlone also speculated that silver's surge to US$120 an ounce in January might mark a historic peak, noting that the price ratio of silver versus oil and copper reached historic highs in the first quarter. <h2 style="text-align: center;">Ownership and Share Structure1</h2> Approximately 28% is owned by management and insiders, institutions hold 15%, and strategic corporate investors (including Barrick Mining Corp. and the TAIFA Group) own 23%. The remainder is retail. Top shareholders include AIMS Asset Management with 8.79%, Rostam Aziz with 8.19%, Simon Charles Benstead with 7.56%, Concept Capital Management Ltd. with 5.83%, and Walter David Scott with 3.08%. The company's market cap is CA$60.58 million. It has 195.43 million shares outstanding, according to the company, and trades in a 52-week range of CA$0.16 to CA$0.35. <a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a>Important Disclosures:<ol> <li>Lake Victoria Gold 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>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 Lake Victoria Gold Ltd.</li> <li>Steve Sobek 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> For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting">here.</a> 1. Ownership and Share Structure Information 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.<img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=30889"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=30889" width="0" height="0"> ( Companies Mentioned: LVG:TSX; LVGLF:OTCQB; E1K:FSE, ) LVG:TSX; LVGLF:OTCQB; E1K:FSE Thu, 02 Apr 2026 00:00:00 PST Junior Explorer Discovers High-Grade Copper-Gold Targets in British Columbia https://www.streetwisereports.com/article/2026/04/02/junior-explorer-discovers-high-grade-copper-gold-targets-in-british-columbia.html Source: <a href="https://www.streetwisereports.com/article/2026/04/02/junior-explorer-discovers-high-grade-copper-gold-targets-in-british-columbia.html?utm_medium=feed">Streetwise Reports 04/02/2026</a> Golden Sky Minerals Corp. (AUEN:TSX.V; LCKYF:OTC) reveals five high-grade copper-gold zones in BC, signaling upside potential and exploration growth.Golden Sky Minerals Corp. (AUEN:TSX.V; LCKYF:OTC) has filed an NI 43-101 for the Rayfield Copper-Gold Project, which is co-funded by Boliden AB (BLIDF: OTCPK; BOLD:ST) . The news broke on March 30, 2026, <a href="https://www.stockwatch.com/News/Item/Z-C!AUEN-3800304/C/AUEN" target="_blank" rel="noopener">in a release by John Newell</a>, President, CEO, and Director of Golden Sky. The company has compiled its 2025 ZTEM, aeromagnetic surveys, and historical exploration data to identify multiple porphyry copper-gold and epithermal targets on the project property. Five distinct copper-gold zones are listed in the technical report, and the project as a whole is comprised of a large land parcel in the Quesnel terrane. Multiple target zones have been identified within this property via geological, geochemical, and geophysical findings, including the Rayfield zone, the Gnome target, the Semlin target, the Mowich target, and the early-stage X zone. Golden Sky secured CA$20 million through its partnership with Boliden on the Rayfield-Gjoll project. <a href="https://www.stockwatch.com/News/Item/Z-C!AUEN-3800304/C/AUEN" target="_blank" rel="noopener">Newell said in the release</a>, "Filing this technical report is an important milestone for Golden Sky and reflects our commitment to advancing the Rayfield-Gjoll project in partnership with Boliden. It provides a transparent technical framework for the Rayfield-Gjoll project that investors and our partner can reference as we advance exploration in 2026. Rayfield is not a single-target story; with five well-defined copper-gold zones, modern geophysical targets that remain open at depth, and a disciplined staged work plan, we are well positioned to systematically advance the highest-priority targets alongside Boliden in 2026. This report provides the technical road map for what we expect to be an active and productive exploration season, including partner-funded drilling under our agreement with Boliden." <a href="https://www.goldenskyminerals.com/" target="_blank" rel="noopener">Golden Sky Minerals Corp.</a> is a Canadian junior exploration company focused on mineral properties in prospective jurisdictions. The company mines throughout Canada in British Columbia, Ontario, and the Yukon. All its assets are 100% company-owned. In the market since 1931, <a href="https://www.boliden.com/operations/about-boliden/corporate-governance/" target="_blank" rel="noopener">Boliden AB</a> is a Swedish metals company that works internationally but is headquartered in Stockholm. It has projects in Canada, Sweden, Finland, Norway, Portugal, and Ireland. <h2 style="text-align: center;">Gold Sector Rebounding</h2> Gold had a tumultuous month in March after<a href="https://finance.yahoo.com/news/gold-prices-rally-but-tracks-worst-month-in-more-than-a-decade-202916132.html?.tsrc=372&ncid=crm_-2039177-20260401-1--A&bt_user_id=cyEJxSwUTQ7FxaRXhNc%2FN4wfY44ubfU%2FbliFaslp8JWvbyZuacqHS%2FEIN7cVdbZeDs8BfZHQ6TIFiSh9Q5uc3f7eqJocCV%2Bs2d0M40dWdnqG%2B%2Fhs4YQH5%2FMZD7stBuIk&bt_ts=1775037853964" target="_blank" rel="noopener"> its price dropped more than it had in the past decade</a>. Fears of inflation amid the U.S.-Iran War dropped the price, but it bounced back on March 31, 2026, after<a href="https://nypost.com/2026/03/31/us-news/trump-tells-the-post-the-war-against-iran-wont-last-much-longer-strait-of-hormuz-will-reopen-automatically-after-us-exit/" target="_blank" rel="noopener"> President Trump hinted that the war might end soon</a>, causing <a href="https://finance.yahoo.com/news/gold-prices-rally-but-tracks-worst-month-in-more-than-a-decade-202916132.html?.tsrc=372&ncid=crm_-2039177-20260401-1--A&bt_user_id=cyEJxSwUTQ7FxaRXhNc%2FN4wfY44ubfU%2FbliFaslp8JWvbyZuacqHS%2FEIN7cVdbZeDs8BfZHQ6TIFiSh9Q5uc3f7eqJocCV%2Bs2d0M40dWdnqG%2B%2Fhs4YQH5%2FMZD7stBuIk&bt_ts=1775037853964" target="_blank" rel="noopener">bullion to hit above US$4,670 per troy ounce</a>. Whale investors and industry veterans are committed to weathering the market's ups and downs for gold. <a href="https://vongreyerz.gold/haycock-piepenburg-golds-pullback-may-be-the-best-entry-point-in-years?utm_campaign=163139794-2025%20-%20Newsletters&utm_medium=email&_hsenc=p2ANqtz-99zdr6kjFvac9VhD7n3-GiaJ0w8b8170LG-fSo200OjdBqC90tKMoffV3aZFmbKJU2AlcYVyhv0o08XLpb3IiPpOSPaO5lSq44puHU9kfQIIaiaRI&_hsmi=132300172&utm_content=132300172&utm_source=hs_email" target="_blank" rel="noopener">Matthew Piepenburg of Von Greyerz Gold wrote</a> on March 31, "Amid escalating tensions in the Middle East, rising inflation, and mounting systemic fragility, gold's recent weakness has raised eyebrows. Yet, as discussed, this is neither unprecedented nor irrational. In fact, history shows that during periods of tightening liquidity, rising yields, and forced deleveraging, even the strongest and most liquid assets, like physical gold, can be temporarily sold." He went on to say, "In short, what may appear to be a weakness today could, in reality, represent a rare and strategic entry point for those who understand physical gold's role as a long-term store of value." Also on March 31, <a href="http://www.321gold.com/editorials/thomson_s/thomson_s_033126.html" target="_blank" rel="noopener">Stewart Thompson wrote an editorial piece on the market for 321gold.com</a>. He wrote, "The bottom line is that a technical trifecta is in play. The Dow, gold, and GDX are all hitting support with oscillators showcasing buy signals . . . at the same time." Thompson then shared his advice: "Momentum players can be eager buyers today. I'm a US stock market buyer (in tiny size), a gold buyer, a silver buyer, and a mine stock buyer, in 'meatier' size. I invite gold bugs of the world to say good-bye to some of their fiat, and engage in some wonderful buy-side fun!" <h2 style="text-align: center;">Analyst Sees Bull Phase Emerging</h2> <img class="No_img_class" src="https://www.theaureport.com/images/auto_up/202641115649_gs1.png" alt="" width="1000" height="704" /> On April 1, 2026, technical analyst Stewart Thompson gave the following quote to Streetwise Reports: "For Golden Sky, price targets are CA$0.50 and CA$0.70. A burst in volume should confirm the end of the consolidation and a new bull phase with a breakout from the wedge-like drift." [OWNERSHIP_CHART-9619] He continued, "The junior stocks are rallying in general. Investors interested in the company could buy small positions." <h2 style="text-align: center;">Catalysts</h2> <a href="https://goldensky.wpenginepowered.com/wp-content/uploads/2025/01/GoldenSky_Presentation_Temp-Update-Dec-2024-copy.pdf" target="_blank" rel="noopener">The company's investor presentation</a> shows that Golden Sky holds more than CA$300,000 in cash without any debt and a market cap of around CA$2 million, which the company considers low due to its 100%-owned assets throughout Canada. Golden Sky considers its stock highly undervalued despite its "<a href="https://goldensky.wpenginepowered.com/wp-content/uploads/2025/01/GoldenSky_Presentation_Temp-Update-Dec-2024-copy.pdf" target="_blank" rel="noopener">. . . high-potential gold and copper projects in the White Gold District, Timmins Gold District, and Quesnel Trough.</a>" <h2 style="text-align: center;">Ownership & Share Structure1</h2> Golden Sky Minerals Corp. has a market cap of CA$7.15 million and 23.83 million shares outstanding. The company's 52-week range is CA$0.09-CA$0.73. Institutions own 10.9% of shares, while Management & Insiders own 5.01%. The remaining 84.8% of shares are Retail. <a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a>Important Disclosures:<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 Golden Sky Minerals 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> For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting">here.</a> 1. Ownership and Share Structure Information 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. <img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=30888"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=30888" width="0" height="0"> ( Companies Mentioned: AUEN:TSX.V; LCKYF:OTC, ) Thu, 02 Apr 2026 00:00:00 PST Uranium Explorer Launches Massive Exploration Program in Saskatchewan https://www.streetwisereports.com/article/2026/04/01/uranium-explorer-launches-massive-exploration-program-in-saskatchewan.html Source: <a href="https://www.streetwisereports.com/article/2026/04/01/uranium-explorer-launches-massive-exploration-program-in-saskatchewan.html?utm_medium=feed">Streetwise Reports 04/01/2026</a> Skyharbour Resources Ltd. (SYH:TSX.V; SYHBF:OTCQX; SC1P:FSE) begins the first phase of drilling at its Moore Uranium Project as demand for uranium strengthens.<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> announced the start of this year's first phase of drilling at its wholly-owned Moore Uranium Project, spanning 35,705 hectares and located roughly 15 kilometers east of Denison Mines’ Wheeler River project in eastern Athabasca Basin, Saskatchewan, <a href="https://www.skyharbourltd.com/news-media/news/skyharbour-announces-drilling-underway-and-renewed-permit-at-the-high-grade-moore-lake-uranium-project-saskatchewan">according to an April 1 release</a>. Skyharbour said it has also secured a renewed three-year drill permit for the project, valid through March 2029. "Skyharbour has commenced its multi-phased 2026 drill campaign at Moore, which is planned to total 8,000 to 10,000 meters of diamond drilling at the Maverick Trend and other regional targets," the release noted. "The Phase I program that is underway is expected to consist of approximately 4,000 to 5,000 meters in 10 to 12 drill holes." Earlier this year, Skyharbour completed a 58.3 line-kilometer ground Step Loop Transient Electromagnetic (SLTEM) survey, which extended the geophysical coverage by 2 kilometers southwest along the 12-kilometer-long Maverick Trend. This survey not only refined existing targets but also identified additional electromagnetic (EM) conductors for drilling along the Nomad structural trend, which is known for intense hydrothermal alteration and structural disruption as seen in the 2025 drilling at the new Nomad target, the company said. In addition to these field activities, Skyharbour said it has engaged SMCG Services to perform advanced data integration and AI-assisted prospectivity modeling to enhance drill targeting across the Moore Project. The Phase I drilling is primarily targeting the Nomad Zone, focusing on priority gravity anomalies and newly identified EM conductors. Plans are also in place for follow-up drilling at the Esker target area to the northeast to assess potential strike extensions of mineralization previously discovered in historical drill hole ML-165, which showed 1.21% U3O8 over 0.5 meters at the unconformity, Skyharbour noted. The phase will also include expansion drilling at the Maverick Zones to explore the basement-hosted potential that was suggested by previously intersected high-grade mineralization, and at the Nutana target, where past drilling revealed significant dravite alteration and graphitic basement conductors that have yet to be fully tested due to the broad spacing of the initial drills. <h2 style="text-align: center;">Exploration to Target Nomad, Esker, Nutana Zones</h2> This phase of exploration at Moore targets several zones, including the Nomad, Esker, and Nutana Zones, each presenting unique geological features and potential for significant uranium discoveries, the company said. The Nomad Zone, identified in 2025 after reinterpreting a 2005 ground gravity survey, revealed a structural corridor along the Maverick Trend, approximately 1.7 kilometers west-southwest of the Main Maverick Zone. Drilling in 2025 uncovered strongly altered sandstone and basement rocks, indicating a broad, structurally controlled hydrothermal system. This zone remains largely untested along its southwest strike, suggesting substantial untapped potential. The Esker Zone, about 3 kilometers northeast of the Maverick along the same structural corridor, has historical drilling that returned high-grade uranium results, including 1.21% U3O8 over 0.5 meters, Skyharbour said. Despite these promising findings, the northeast extension under lake cover is largely unexplored, which the 2026 drilling aims to address by testing prioritized electromagnetic (EM) and resistivity anomalies. Meanwhile, the Nutana Zone is characterized by multiple graphitic conductors and significant alteration, indicative of a potent hydrothermal system. Historical wide-spaced drilling here suggests a strong potential for mineralization along strike, which remains to be thoroughly tested. To enhance exploration efficiency, Skyharbour said it has engaged SMCG Services, led by Drew Heasman, to perform advanced data integration and AI-assisted prospectivity mapping. This effort will integrate various geological and geophysical data to identify and prioritize exploration targets across the broader Maverick Trend. Since acquiring the Moore Uranium Project from Denison Mines back in 2016, Skyharbour said it has confirmed high-grade unconformity-related uranium mineralization, with significant drill results reported over the years, including a recent 4.84% U3O8 over 4.4 meters in 2025. <h2 style="text-align: center;">Analyst: Co.'s Most Extensive Drill Campaign to Date</h2> While much attention has been focused on gold and silver, the notable increase in uranium prices, which have risen 28% year-over-year to US$88 per pound, has not captured as much market attention, according to a research note by Sid Rajeev of Fundamental Research Corp. dated February 5. This price level for uranium has only been reached a few times in the past: briefly in 2007 and more recently in late 2023. Rajeev points out that the dynamics in the uranium market are currently very favorable. The Sprott Physical Uranium Trust, the world's largest physical uranium fund, has increased its holdings by 4% to 78 million pounds within a month, indicating robust demand. This demand surge is supported by the Trump administration's fast-tracked approvals in the nuclear sector and substantial investments by major tech companies in nuclear power for AI and data center growth. These factors are likely to continue propelling uranium demand, particularly amid ongoing supply chain vulnerabilities, with Russia controlling 35% of the global enrichment capacity. Skyharbour is gearing up for its most extensive annual drill campaign to date, with plans for exploration at Moore and the new Russell Lake joint venture. At Moore, the focus is on delivering a maiden resource estimate this year, which Rajeev believes will significantly clarify the project's potential and serve as a major catalyst for the company. Rajeev also highlighted that upcoming catalysts for Skyharbour include improved uranium market sentiment, partner-funded exploration, and significant drilling programs at both Moore and Russell Lake. Rajeev maintained his Buy rating, adjusting his fair value estimate from CA$1.12 to CA$1.16 per share, citing the company's expanded portfolio and key drilling programs as well-positioned to benefit from potential sector upswings. David Talbot, managing director and head of equity research, <a href="https://www.streetwisereports.com/article/2026/01/20/drilling-at-u3o8-asset-shows-grade-footprint-upside.html?utm_medium=feed" target="_blank" rel="noopener">in a January 15 research note</a>, detailed the encouraging results from Skyharbour's 2025 drilling at Moore, which successfully expanded the Main Maverick and Maverick East zones, including the discovery and expansion of higher-grade areas. Talbot also noted that Skyharbour's pipeline of potential drill targets continues to expand. Regarding Russell Lake, he mentioned that this project remains one of Skyharbour's flagship properties, with expectations for increased activity throughout the year, including the announcement of its initial mineral resource estimate. Red Cloud Securities has maintained its target price for Skyharbour at CA$0.65 per share, with the stock currently trading around CA$0.44, suggesting a potential 48% return to the target price, and continues to classify Skyharbour as a Speculative Buy. <h2 style="text-align: center;">The Catalyst: Digital Economy Fueling Resurgence of Nuclear Power</h2> Uranium, after two decades of relative neglect, is once again capturing significant attention, but this time the stakes are much higher, <a href="https://www.home.saxo/en-ch/content/articles/equities/uranium-boom-en-30032026" target="_blank" rel="noopener">according to a report by Investment Analyst Dorian Anglada for Saxo on March 30</a>. The demand for uranium is surging, largely fueled by the needs of the digital economy, while the supply side is lagging, hindered by years of insufficient investment, Anglada noted. Now receiving substantial political backing, uranium is quickly becoming one of the most fundamentally important commodities in the market today. Uranium is a dense, naturally radioactive metal found in minimal concentrations within the Earth's crust. It is the exclusive fuel used in civilian nuclear reactors, prized for its ability to undergo nuclear fission. Nuclear power, known for its high energy density, is a reliable and low-carbon energy source. Just 7 grams of enriched uranium can produce as much energy as one ton of coal, the article noted. Nuclear plants operate with a capacity factor exceeding 92%, ensuring a stable and continuous power output, which is crucial for modern electricity grids. In terms of carbon emissions, nuclear energy is one of the cleanest, comparable to offshore wind and significantly cleaner than natural gas, as noted by the IPCC. The process of transforming uranium from a raw element in the ground into usable fuel is intricate and lengthy, involving mining, conversion, enrichment, and fuel fabrication. Each step in this value chain requires substantial infrastructure and specialized expertise, contributing to the industry's inability to swiftly respond to fluctuating price signals. Major catalysts are ushering in a commodity supercycle — a prolonged period where structural demand consistently outstrips supply capacity, necessitating significant market adjustments, the analyst said.[OWNERSHIP_CHART-6026] <a href="https://www.ad-hoc-news.de/boerse/news/ueberblick/the-ai-power-surge-how-tech-giants-are-fueling-a-uranium-renaissance/69043943" target="_blank" rel="noopener">According to a report by Ad Hoc News on January 4, 2026</a>, the investment appeal for uranium transcends the immediate demands of technology sectors, with market projections indicating a significant long-term supply challenge. Analysts predict a cumulative global shortfall of 200 million pounds of uranium by 2040, a scenario set against expectations that global nuclear power capacity may quadruple by 2050. <h2 style="text-align: center;">Ownership and Share Structure1</h2> Institutional and strategic holders account for roughly 55% of the share structure, retail approximately 40%, and management and insiders approximately 5%. President and CEO Jordan Trimble holds a 1.58% stake, and Director David Cates holds approximately 0.87%. Skyharbour has 212.1 million shares outstanding and a market capitalization of CA$102.87 million. Its 52-week trading range spans CA$0.28 to CA$0.66 per share. <a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a>Important Disclosures:<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>Steve Sobek 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> For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting">here.</a> 1. Ownership and Share Structure Information 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.<img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=30886"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=30886" width="0" height="0"> ( Companies Mentioned: SYH:TSX.V; SYHBF:OTCQX; SC1P:FSE, ) SYH:TSX.V; SYHBF:OTCQX; SC1P:FSE Wed, 01 Apr 2026 00:00:00 PST The World's First AI Voice Detection For Drugs & Alcohol With Charts That Beckon Investors To Buy https://www.streetwisereports.com/article/2026/04/01/the-worlds-first-ai-voice-detection-for-drugs-alcohol-with-charts-that-beckon-investors-to-buy.html Source: <a href="https://www.streetwisereports.com/article/2026/04/01/the-worlds-first-ai-voice-detection-for-drugs-alcohol-with-charts-that-beckon-investors-to-buy.html?utm_medium=feed">Stewart Thomson 04/01/2026</a> Technical Analyst Stewart Thomson explains why he thinks MindBio Therapeutics Corp. (MBIO:CSE; MBQIF:OTCQB; WF6:Frankfurt) is a Speculative Buy.<a href="https://www.streetwisereports.com/pub/co/11539?utm_medium=feed" target="_blank" rel="noopener">MindBio Therapeutics Corp. (MBIO:CSE; MBQIF:OTCQB; WF6:Frankfurt)</a> is an Australian AI company that is pioneering acoustic biomarker technology that transforms human voice into actionable health intelligence. Voice is a remarkable diagnostic marker for internal health and disease. The company's proprietary algorithms analyze over 50 million data points with 140 acoustic parameters extracted from human speech, including fundamental frequency variations, spectral entropy, jitter, shimmer, and harmonic-to-noise ratios — to identify physiological states with incredible clinical-grade precision. <img class="No_img_class" src="https://www.theaureport.com/images/auto_up/20264164301_1.png" alt="" width="587" height="400" /> <h2 style="text-align: center;">The Science of Acoustic Biomarkers</h2> Human voice contains rich biometric data invisible to the human ear but detectable through advanced signal processing. MindBio's AI decodes these acoustic signatures to reveal physiological states and does it with unprecedented precision. <h2 style="text-align: center;">Why Voice is the Ultimate Non-Invasive Biomarker</h2> The human voice is produced through a complex neuromuscular system involving the respiratory system, larynx, and articulators. Any substance affecting the central nervous system — alcohol, drugs, fatigue — inevitably manifests in measurable vocal changes. Unlike blood tests or breathalyzers, voice analysis is completely non-invasive, requires no specialized equipment, and can be performed remotely, making it ideal for scalable workforce monitoring and telehealth applications. MindBio Appoints National Drug Policy & Mining Industry Expert to Lead South American Mining Industry Commercialization – Feb 24, 2026 To view this news, please click <a href="https://webfiles.thecse.com/MindBio_Advances_Large-Scale_Deployment_of_Voice_Intoxication_Detection_Through_Integrated_Edge_AI_Hardware-Software_Platform.docx?8GJHDrtZjfEOy1Jq1SsE1KECMZDuBrjH" target="_blank" rel="noopener">here</a>. <h2 style="text-align: center;">Some Key Charts</h2> <img class="center_enlarge" src="https://www.theaureport.com/images/auto_up/20264164402_2.png" alt="" width="624" height="662" /> AI stocks are bottoming, and flashing buy signals, basis this AI stocks ETF chart (AIQ). Note the massively oversold MACD indicator and the exciting position of the Stochastics (14,7,7 series) and RSI oscillators. AI stocks are bottoming, and MindBio leads the pack. <img class="center_enlarge" src="https://www.theaureport.com/images/auto_up/20264164423_3.png" alt="" width="624" height="405" /> On this exciting daily chart, a bull wedge breakout is in play, volume is surging, and there's a bullish cross of the key 10,30 moving averages. The stock is already leading the AIQ; MindBio is already up about 100% from its early March low, while the AIQ is only bottoming now. <h2 style="text-align: center;">Meet Booze AI</h2> <img class="No_img_class" src="https://www.theaureport.com/images/auto_up/20264164503_4.png" alt="" width="624" height="222" /> The world's first voice-activated AI-powered blood alcohol test on a smartphone. Customers get instant estimates of their BAC and see how alcohol affects their performance. <img class="No_img_class" src="https://www.theaureport.com/images/auto_up/20264164524_5.png" alt="" width="197" height="400" /> <img class="No_img_class" src="https://www.theaureport.com/images/auto_up/20264164544_6.png" alt="" width="624" height="222" /> <a href="https://www.youtube.com/watch?v=bcVItXJUhJs" target="_blank" rel="noopener">Watch how easy it is to estimate a person's blood alcohol concentration by talking to their smartphone.</a> <h2 style="text-align: center;">Zero-Tolerance Industries Zero-Compromise Safety</h2> <img class="No_img_class" src="https://www.theaureport.com/images/auto_up/20264164606_7.png" alt="" width="624" height="192" /> MindBio brings purpose-built hardware-software solutions for scalable, on-site drug and alcohol intoxication screening in zero-tolerance regulated industries. <h2 style="text-align: center;">The Challenge: Traditional Testing Falls Short</h2> <ul> <li>The Problem: Breathalyzers require physical presence.</li> <li>The MindBio Solution: Voice testing works from any location.</li> <li>The Problem: Lab tests take days for results.</li> <li>The MindBio Solution: Voice analysis completes in seconds.</li> <li>The Problem: Random testing creates scheduling chaos.</li> <li>The MindBio Solution: Continuous monitoring without disruption.</li> <li>The Problem: Equipment maintenance is costly.</li> <li>The MindBio Solution: Edge AI Hardware-Software Solutions for scalable remote deployment, low cost.</li> </ul> <img class="No_img_class" src="https://www.theaureport.com/images/auto_up/20264164716_8.png" alt="" width="624" height="224" /> <h2 style="text-align: center;">Edge AI Voice-Initiated Drug & Alcohol Intoxication Detection Kiosks</h2> <img class="No_img_class" src="https://www.theaureport.com/images/auto_up/20264164738_9.png" alt="" width="418" height="400" /> <h2 style="text-align: center;">How AI is Reshaping Telehealth</h2> Artificial intelligence is addressing the fundamental limitations of remote healthcare by enabling objective, continuous health assessment without physical examination. Voice analysis represents the most accessible and scalable form of AI-powered diagnostics. Traditional telehealth relies heavily on patient self-reporting and visual observation. Voice biomarker technology adds an entirely new dimension—extracting clinically relevant data from natural speech patterns that patients cannot consciously manipulate or misrepresent. <img class="No_img_class" src="https://www.theaureport.com/images/auto_up/20264164803_10.png" alt="" width="296" height="400" /> <h2 style="text-align: center;">Voice-Based Intoxication Detection</h2> MindBio's core competency lies in detecting substance impairment through voice analysis; it's a capability with profound implications for telehealth, workplace safety, and public health. <h2 style="text-align: center;">The Science of Detection</h2> Alcohol and drugs affect the neuromuscular systems responsible for speech production in predictable, measurable ways. AI models are trained to identify these acoustic signatures with clinical-grade accuracy. <img class="No_img_class" src="https://www.theaureport.com/images/auto_up/20264164830_11.png" alt="" width="601" height="400" /> <h2 style="text-align: center;">Fresh News</h2> MindBio Announces Upsize to Private Placement up to $1.5 million – March 19, 2026 To view the news, please click <a href="https://webfiles.thecse.com/MindBio_Announces_Upsizing_of_Non-Brokered_Private_Placement_.docx?xSAY3XSYFNcGAmOMmZYb1nCZzq8KRvVB" target="_blank" rel="noopener">here</a>. <h2 style="text-align: center;">Shares Outstanding</h2> MindBio Therapeutics Corp. has approximately 4.79 million common shares issued and outstanding. <h2 style="text-align: center;">Significant Shareholders</h2> Key individuals holding shares include CEO Justin Hanka and Director Gavin Upiter. <h2 style="text-align: center;">Big Name Brokers Involved</h2> <img class="No_img_class" src="https://www.theaureport.com/images/auto_up/20264164952_12.png" alt="" width="780" height="267" /> Stock Price March 31, 2026: CA$1.25 Short-Term Technical Price Target: CA$1.70 Medium-Term Technical Price Target: CA$3.00 Long-Term Technical Price Target: CA$6.00 Technical Rating: Strong Speculative Buy The company's latest investor presentation is <a href="https://qtrypzzcjebvfcihiynt.supabase.co/storage/v1/object/public/base44-prod/public/6945c8fb3ce625a30941e81d/4b053ba94_NEWMindBioPresentation.pdf" target="_blank" rel="noopener">here</a>. <a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a>Important Disclosures:<ol> <li>Mindbio Therapeutics 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> <div class="x_elementToProof">For this article, Mindbio Therapeutics Corp. has paid Street Smart, an affiliate of Streetwise Reports, US$3,500.</div> </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> <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 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> For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting">here.</a> <img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=30883"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=30883" width="0" height="0"> ( Companies Mentioned: MBIO:CSE; MBQIF:OTCQB; WF6:Frankfurt, ) MBIO:CSE; MBQIF:OTCQB; WF6:Frankfurt Wed, 01 Apr 2026 00:00:00 PST Gold Co. Hits Strongest Drill Result Yet at Halo Zone as Maiden Resource Estimate Signals Major Re-Rating Potential https://www.streetwisereports.com/article/2026/04/01/gold-co-hits-strongest-drill-result-yet-at-halo-zone-as-maiden-resource-estimate-signals-major-re-rating-potential.html Source: <a href="https://www.streetwisereports.com/article/2026/04/01/gold-co-hits-strongest-drill-result-yet-at-halo-zone-as-maiden-resource-estimate-signals-major-re-rating-potential.html?utm_medium=feed">Ron Wortel 04/01/2026</a> Couloir Capital reiterated its rating and price target on Golden Cariboo Resources Ltd. (GCC:CSE; GCCFF:OTC; A402CQ:WKN; 3TZ:FSE) after the junior explorer reports its best-ever near-surface gold intercept at the Halo Zone and commissions a maiden NI 43-101 Mineral Resource Estimate.Published March 27, 2026, Couloir Capital's research team, including analyst Ron Wortel, MBA, P.Eng., reiterated a BUY rating on <a href="https://www.streetwisereports.com/pub/co/11131?utm_medium=feed" target="_blank" rel="noopener">Golden Cariboo Resources Ltd. (GCC:CSE; GCCFF:OTC; A402CQ:WKN; 3TZ:FSE)</a>, with an unchanged CA$0.50 fair value per share estimate, representing a 455% premium to the current CA$0.09 share price. The rating is supported by continued high-grade drilling success at the Halo Zone and the formal commissioning of a maiden NI 43-101 Mineral Resource Estimate (MRE). Golden Cariboo Resources recently reported its strongest near-surface drill intercept to date from hole QGQ25-27, which returned 0.89 g/t gold over 70.65 meters from just 14.20 meters depth. Higher-grade subintervals included 3.25 g/t gold over 8.2 meters and 3.86 g/t gold over 5.2 meters. This followed hole QGQ25-25, a 96-meter north-northeast step-out from a previous discovery hole, which intersected 0.42 g/t gold over 47.01 meters from surface and 0.76 g/t gold over 20.45 meters at depth — confirming lateral continuity across a broader footprint. The company's deepest-ever hole, QGQ25-28, reached approximately 755 meters and intersected quartz-carbonate veining, silicification, and disseminated pyrite mineralization to the end of the hole near the property boundary, potentially adding a further 300 meters to the known system extent. On March 1, 2026, Golden Cariboo formally announced the commissioning of an independent NI 43-101-compliant MRE covering the Halo and Main zones. The estimate will incorporate data from 28 company drill holes and up to nine historically reported holes. Couloir describes the timing as "unusually early" for a junior at this stage, viewing it as a signal of management and the technical team's confidence in the geological database. Results from QGQ25-28 and future holes could feed into subsequent resource updates, providing incremental re-rating catalysts. On March 17, 2026, Golden Cariboo acquired 13 placer claim cells totaling 250 hectares at the Halo Zone for CA$60,000 cash, securing 100% of the placer rights over the target area. Couloir views this as a strategically logical consolidation that eliminates a potential complication in future project development while adding optionality to any alluvial gold above the known bedrock mineralization. The Halo and Main zones lie along one of five identified mineralized trends on the company's approximately 95,000-hectare district-scale land package. Couloir draws a favorable comparison to the Spanish Mountain Gold Ltd. (TSXV: SPA) deposit — located to the south along the same structural corridor — which holds close to 6.5 million ounces of gold at approximately 0.43 g/t and recently published a positive preliminary economic assessment. As of Q1 FY2026 (quarter ended December 31, 2025), Golden Cariboo held CA$962,094 in cash and CA$1.39 million in working capital, with a current ratio of 3.85x and no debt. Monthly cash burn improved to approximately CA$257,000 from CA$543,000 in the prior-year quarter, reflecting reduced exploration activity during the period. Couloir's valuation employs a market-implied in-ground methodology, applying a conservative US$45/oz in-ground value (a 1% discount to spot gold of approximately US$4,500/oz). Using a conceptual block based on recent intercepts, the firm estimates the market is currently pricing in approximately 159,000 ounces — a modest figure relative to the scale of the system being outlined. A more expansive resource target model incorporating a 500-meter strike length, 350-meter width, and 200-meter depth implies between approximately 1.1 million and 2.9 million potential ounces at grades ranging from 0.35 to 0.95 g/t gold, pointing to a range of fair values from CA$0.31 to CA$1.22 per share depending on grade and gold price assumptions. On a peer comparison basis, Golden Cariboo trades at a market capitalization of approximately CA$10.9 million, a significant discount to the average of approximately CA$48 million among comparable early-stage British Columbia gold explorers, excluding outliers. Key catalysts identified by Couloir include positive results from the ongoing drill program, target generation across the broader land package, additional drilling confirming mineral continuity at Halo, and any financing activity that materially alters the capital structure. Couloir identifies several material risks, including the possibility that drilling fails to confirm continuity of mineralization or does not support an economically viable large-scale system. The company will likely require additional equity financing given the ongoing cash burn, which could prove dilutive to existing shareholders. As an early-stage explorer without a compliant resource or economic assessment, Golden Cariboo remains at the higher end of the investment risk spectrum. Seasonal limitations — with only six to seven months of cost-effective exploration per year in British Columbia's central interior — and standard jurisdictional and permitting risks round out the key considerations. <a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a>Important Disclosures:<ol> <li>Golden Cariboo Resources Ltd. is a billboard sponsor of Streetwise Reports and pays SWR a monthly sponsorship fee between US$3,000 and US$6,000. In addition, Golden Cariboo Resources Ltd. has a consulting relationship with Street Smart an affiliate of Streetwise Reports. Street Smart Clients pay a monthly consulting fee between US$8,000 and US$20,000.</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 Golden Cariboo Resources Ltd.</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> For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting" target="_blank" rel="noopener">here.</a> Disclosures for Couloir Capital, Golden Cariboo Resources Ltd., March 27, 2026 This report has been prepared by an analyst on contract with or employed by Couloir Capital Ltd. The analyst certifies that the views expressed in this report, which include the rating assigned to the issuer’s shares as well as the analytical substance and tone of the report, accurately reflect his or her personal views about the subject securities and the issuer. No part of his / her compensation was, is, or will be directly or indirectly related to the specific recommendations. Couloir Capital, its affiliates, and their respective officers, directors, representatives, researchers, and members of their families may hold positions in the companies mentioned in this document and may buy and/or sell their securities. Additionally, Couloir Capital may have provided, in the past and may provide, in the future, certain advisory or corporate finance services and receive financial and other incentives from issuers as consideration for the provision of such services. Couloir Capital has prepared this document for general information purposes only. This document should not be considered a solicitation to purchase or sell securities or a recommendation to buy or sell securities. The information provided has been derived from sources believed to be accurate, but cannot be guaranteed. This document does not consider the particular investment objectives, financial situations, or needs of individual recipients and other issues (e.g., prohibitions to investments due to law, jurisdiction issues, etc.) that may exist for certain persons. Recipients should rely on their own investigations and take their own professional advice before making an investment. Couloir Capital will not treat recipients of this document as clients by virtue of having viewed this document. Company-specific disclosures, if any, are below: 1 In the last 24 months, Couloir Capital Ltd. has been retained by the subject issuer under a service agreement that includes analyst research coverage only. 2 The issuer has no control over the content of this report. 3 The views of the Analyst are personal. 4 No part of the Analyst’s compensation was directly or indirectly related to the specific ratings as used by the research Analyst in the Reports. 5 The Analyst does not maintain a financial interest in the securities or options of the Company. 6 The principal of Couloir Capital maintains a financial interest in the securities or options of the Company through an affiliated fund entity. 7 The information contained in the Reports is based upon publicly available information that the Analyst believes to be correct but has not independently verified with respect to truth or correctness. Investment Ratings—Recommendations Each company within an analyst’s universe, or group of companies covered, is assigned: 1 A recommendation or rating, usually BUY, HOLD, or SELL; 2 A 12-month target price, which represents an analyst’s current assessment of a company’s potential stock price over the next year; and 3 An overall risk rating which represents an analyst’s assessment of the company’s overall investment risk. These ratings are more fully explained below. Before acting on a recommendation, we caution you to confer with your investment advisor to determine the suitability of our recommendation for your specific investment objectives, risk tolerance, and investment time horizon. Couloir Capital’s recommendation categories include the following: Buy The analyst believes that the security will outperform other companies in their sector on a risk-adjusted basis or for the reasons stated in the research report the analyst believes that the security is deserving of a (continued) BUY rating. Hold The analyst believes that the security is expected to perform in line with other companies in their sector on a risk-adjusted basis or for the reasons stated in the research report the analyst believes that the security is deserving of a (continued) HOLD rating. Sell Investors are advised to sell the security or hold alternative securities within the sector. Stocks in this category are expected to under-perform other companies on a risk-adjusted basis or for the reasons stated in the research report the analyst believes that the security is deserving of a (continued) SELL rating. Tender The analyst is recommending that investors tender to a specific offering for the company’s stock. Research Comment An analyst comment about an issuer event that does not include a rating. Coverage Dropped Couloir Capital will no longer cover the issuer. Couloir Capital will provide notice to clients whenever coverage of an issuer is discontinued. Following termination of coverage, we recommend clients seek advice from their respective Investment Advisor. Under Review Placing a stock Under Review does not revise the current rating or recommendation of the analyst. A stock will be placed Under Review when the relevant company has a significant material event with further information pending or to be announced. An analyst will place a stock Under Review while he/she awaits enough information to re-evaluate the company’s financial situation. The above ratings are determined by the analyst at the time of publication. On occasion, total returns may fall outside of the ranges due to market price movements and/or short-term volatility. Overall risk ratings Very High Risk: Venture-type companies or more established micro, small, mid or large-cap companies whose risk profile parameters and/or lack of liquidity warrant such a designation. These companies are only appropriate for investors who have a very high tolerance for risk and volatility and who can incur a temporary or permanent loss of a very significant portion of their investment capital. High Risk: Typically, micro or small-cap companies which have an above-average investment risk relative to more established or mid to large-cap companies. These companies will generally not form part of the broad senior stock market indices and often will have less liquidity than more established mid and large-cap companies. These companies are only appropriate for investors who have a high tolerance for risk and volatility and who can incur a temporary or permanent loss of a significant portion of their investment capital. Medium-High Risk: Typically, mid to large-cap companies have a medium to high investment risk. These companies will often form part of the broader senior stock market indices or sector-specific indices. These companies are only appropriate for investors who have a medium to high tolerance for risk and volatility and who are prepared to accept general stock market risk including the risk of a temporary or permanent loss of some of their investment capital Moderate Risk: Large to very large cap companies with established earnings who have a track record of lower volatility when compared against the broad senior stock market indices. These companies are only appropriate for investors who have a medium tolerance for risk and volatility and who are prepared to accept general stock market risk including the risk of a temporary or permanent loss of some of their investment capital. COULOIR CAPITAL SUBSCRIBE TO RESEARCH is a research-driven investment dealer focused on emerging companies in the natural resources sector Vancouver 604 609 6190 • Toronto 416 460 2960 • admin@couloircapital.com We employ a fundamental-based analysis with the goal of discovering a company’s fair value in the context of Macro factors facing each company. In doing so we generate actionable ideas in underfollowed companies where a small number of market participants can rapidly close the gap between price and fair value. Our research reports are disseminated through Bloomberg, S&P Capital IQ, Thomson Reuters, FactSet, and large email lists. RESEARCH DRIVEN <img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=30882"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=30882" width="0" height="0"> ( Companies Mentioned: GCC:CSE; GCCFF:OTC; A402CQ:WKN; 3TZ:FSE, ) GCC:CSE; GCCFF:OTC; A402CQ:WKN; 3TZ:FSE Wed, 01 Apr 2026 00:00:00 PST