Archive

July 14, 2025

Browsing

I remain very bullish and U.S. stocks have run hard to the upside off the April low with growth stocks leading the way. I expect growth stocks to remain strong throughout the summer months, as they historically do, but we need to recognize that they’ve already seen tremendous upside. Could technology (XLK) names, in particular, use a period of consolidation? Well, if we look at a 5-year weekly chart, the XLK really isn’t that overbought just yet:

The weekly PPO has crossed its centerline and is gaining bullish momentum. The recent price breakout suggests to me that we likely have further to run. And if you look at the weekly RSI, you’ll note that we’ve seen the weekly RSI move well into the 70s and even close to 80 before witnessing a market top or pause. Outside a bit of profit taking, I really don’t see the likelihood of a big selloff here. Keep in mind that the XLK represents 31% of the S&P 500. If the XLK doesn’t slow down, it’s very unlikely that we’ll see any type of meaningful decline in the S&P 500 either.

Growth vs. Value

Growth stocks have historically performed well over the summer months. One way to visualize this is to compare large-cap growth (IWF) to large-cap value (IWD) using a seasonality chart. Check this out:

The average monthly outperformance since 2013 is reflected at the bottom of each month’s column. If you add those numbers for May through August, you get +5.4%. If you add those numbers for the other 8 months combined, you get +0.6%. Clearly, large-cap growth has the tendency to outperform value from May through August. We’re in the growth “sweet spot” right now.

So Should We Lower Our Market Expectations?

I say absolutely not. Yes, we’ve run substantially higher off that April low, but I see more left in the tank. Will we see profit taking from time to time and could we see a period of consolidation? Sure. But I still believe that remaining on the sidelines is a big mistake as plenty of market upside remains. In fact, I see another somewhat forgotten asset class that’s poised to scorch 50% higher or more, possibly over the next 6 months. I’m investing in this area now, as I believe it’s in the early stages of a significant rally, and believe it would be prudent for you to take a look as well. For more information, simply CLICK HERE, provide your name and email address, and I’ll send you a video that explains exactly why I’m favoring this group right now!

Happy trading!

Tom

 

(TheNewswire)

 

   

   
     

 

TORONTO, ON TheNewswire – July 14 2025 –Silver Crown Royalties Inc. (‘Silver Crown’, ‘SCRi’, the ‘Corporation’, or the ‘Company’) (Cboe:SCRI,OTC:SLCRF; OTCQX:SLCRF; FRA:QS0) is pleased to announce that the Company has successfully closed the final tranche (‘Final Tranche’) of its non-brokered offering of units (‘Units’) that was previously announced on May 20, 2025 (the ‘Offering’) and issued 132,693 Units at a price of C$6.50 per Unit, for gross proceeds of approximately C$862,505.50.

 

  Each Unit consists of one common share (‘Common Share’) and one Common Share purchase warrant (‘Warrant’), with each Warrant exercisable to acquire one additional Common Share at an exercise price of C$13.00 for a period of three years from the closing date. A total of 235,531Units were issued in accordance with the Offering for cumulative gross proceeds of C$1,530,951.50.  

 

  The proceeds from the Final Tranche will be used to fund the Company’s silver royalty acquisition on the Igor 4 project in Peru, as well as general and administrative expenses. All securities issued are subject to a statutory hold period of four months plus one day from the date of issuance, in accordance with applicable securities legislation. The closing was subject to customary conditions, including the approval of Cboe Canada Inc.  

 

  ABOUT Silver Crown Royalties INC.  

 

  Founded by industry veterans, Silver Crown Royalties (   Cboe:   SCRI |   OTCQX:   SLCRF |   BF:   QS0   ) is a publicly traded, silver royalty company. Silver Crown (SCRi) currently has four silver royalties of which three are revenue-generating. Its business model presents investors with precious metals exposure that allows for a natural hedge against currency devaluation while minimizing the negative impact of cost inflation associated with production. SCRi endeavors to minimize the economic impact on mining projects while maximizing returns for shareholders.   For further information, please contact:  

 

  Silver Crown Royalties Inc.  

 

  Peter Bures, Chairman and CEO  

 

  Telephone: (416) 481-1744  

 

  Email:   pbures@silvercrownroyalties.com  

 

  FORWARD-LOOKING STATEMENTS  

 

  This release contains certain ‘forward looking statements’ and certain ‘forward-looking information’ as defined under applicable Canadian and U.S. securities laws. Forward-looking statements and information can generally be identified by the use of forward-looking terminology such as ‘may’, ‘will’, ‘should’, ‘expect’, ‘intend’, ‘estimate’, ‘anticipate’, ‘believe’, ‘continue’, ‘plans’ or similar terminology. The forward-looking information contained herein is provided for the purpose of assisting readers in understanding management’s current expectations and plans relating to the future. Readers are cautioned that such information may not be appropriate for other purposes. Forward-looking statements and information include, but are not limited to, SCRi anticipates that Elk Gold will pay this residual amount owing on or before March 31, 2025. Forward-looking statements and information are based on forecasts of future results, estimates of amounts not yet determinable and assumptions that, while believed by management to be reasonable, are inherently subject to significant business, economic and competitive uncertainties and contingencies. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual actions, events or results to be materially different from those expressed or implied by such forward-looking information, including but not limited to: the impact of general business and economic conditions; the absence of control over mining operations from which SCRi will purchase gold and other metals or from which it will receive royalty payments and risks related to those mining operations, including risks related to international operations, government and environmental regulation, delays in mine construction and operations, actual results of mining and current exploration activities, conclusions of economic evaluations and changes in project parameters as plans continue to be refined; accidents, equipment breakdowns, title matters, labor disputes or other unanticipated difficulties or interruptions in operations; SCRi’s ability to enter into definitive agreements and close proposed royalty transactions; the inherent uncertainties related to the valuations ascribed by SCRi to its royalty interests; problems inherent to the marketability of gold and other metals; the inherent uncertainty of production and cost estimates and the potential for unexpected costs and expenses; industry conditions, including fluctuations in the price of the primary commodities mined at such operations, fluctuations in foreign exchange rates and fluctuations in interest rates; government entities interpreting existing tax legislation or enacting new tax legislation in a way which adversely affects SCRi; stock market volatility; regulatory restrictions; liability, competition, the potential impact of epidemics, pandemics or other public health crises on SCRi’s business, operations and financial condition, loss of key employees. SCRi has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers are advised not to place undue reliance on forward-looking statements or information. SCRi undertakes no obligation to update forward-looking information except as required by applicable law. Such forward-looking information represents management’s best judgment based on information currently available.  

 

  This document does not constitute an offer to sell, or a solicitation of an offer to buy, securities of the Company in Canada, the United States   or any other jurisdiction. Any such offer to sell or solicitation of an offer to buy the securities described herein will be made only pursuant to subscription documentation between the Company and prospective purchasers. Any such offering will be made in reliance upon exemptions from the prospectus and registration requirements under applicable securities laws, pursuant to a subscription agreement to be entered into by the Company and prospective investors. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, the reader is cautioned not to place undue reliance on forward-looking statements.  

 

  CBOE CANADA DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEWS RELEASE.  

 

   

 

Copyright (c) 2025 TheNewswire – All rights reserved.

 

 

News Provided by TheNewsWire via QuoteMedia

This post appeared first on investingnews.com

NVIDIA (NASDAQ:NVDA) became the first publicly traded company to hit a US$4 trillion market cap this week.

Meanwhile, Apple (NASDAQ:AAPL) made headlines with a major leadership change as rumors of a lineup of upcoming product releases circulated, and Meta Platforms (NASDAQ:META) deepened ties with one of its hardware partners.

In the chip market, Huawei is trying to capitalize on the gap left by NVIDIA’s chips in China, while a startup is stepping up its efforts to help meet its ambitious plans to expand artificial intelligence (AI) chip delivery to Saudi Arabia.

1. Apple announces leadership shift

On Tuesday (July 8), Apple announced that Jeff Williams, its longtime chief operating officer, will retire at the end of 2025, ending a tenure that spanned decades and included overseeing hardware, software and operations.

“Jeff and I have worked alongside each other for as long as I can remember, and Apple wouldn’t be what it is without him,” said Apple CEO Tim Cook in a press release. “He’s helped to create one of the most respected global supply chains in the world; launched Apple Watch and overseen its development; architected Apple’s health strategy; and led our world-class team of designers with great wisdom, heart, and dedication.’

Williams will be succeeded by Sabih Khan, Apple’s senior vice president of operations, who has played a key role in managing Apple’s global supply chain.

In other Apple news, Bloomberg reported on Wednesday (July 9) that Apple plans to release its first hardware upgrade to the Vision Pro headset later this year. Anonymous sources say the upgrades will include a a new strap for added comfort, will incorporate the same M4 processor powering newer versions of the iPad Pro, MacBook Pri and iMac, and will incorporate a great number of cores in the neural engine to run AI more effectively.

The company is also working on a lighter version slated for release in 2027, according to the people.

The company is planning a series of product upgrades for the first half of 2026, including a new entry-level iPhone 17e, refreshed MacBook Pros and MacBook Airs with M5 chips and potentially a new external display, according to multiple reports this week. Entry-level iPad and iPad Air will reportedly also receive updates.

2. Meta makes eyewear bet

Meta acquired a nearly 3 percent stake in luxury eyewear maker EssilorLuxottica (EPA:EL), the creator of Ray-Bans and the manufacturing partner for Meta’s smart glasses, including the Ray-Ban Meta and Oakley Meta lines. This is according to a Tuesday report from Bloomberg that cites unnamed sources with knowledge of the matter.

The stake is reportedly worth around 3 billion euros. According to the people, Meta is considering increasing its stake to approximately 5 percent “over time,” but noted that the plans could change.

3. Huawei seeks to step in amid US restrictions

Huawei is reportedly developing a new class of AI chips designed to support more generalized AI workloads, according to the Information, which broke the news on July 5.

According to the report, Huawei’s chip will be built around an architecture resembling that of NVIDIA’s GPU architecture (like Hopper or Blackwell) and Advanced Micro Devices’ CDNA architecture (used in their Instinct GPUs), which would allow Chinese developers to seamlessly incorporate the alternative.

Huawei’s pivot reflects China’s broader effort to bolster domestic chip capabilities as export restrictions from the US limit its access to advanced semiconductors. NVIDIA’s highly sought-after Blackwell GPUs are difficult for Chinese developers to legally acquire, leading to the development of downgraded, China-specific versions and a drive by Chinese firms to secure the chips through other means or source high-end alternatives.

Illustrating these efforts, recent Bloomberg analysis reveals ambitious plans by Chinese companies to acquire over 115,000 high-end NVIDIA chips for dozens of new AI data centers rising in the remote desert regions of Yiwu.

4. Harmonic raises US$100 million for ‘Superintelligence’

Harmonic AI, a stealth-mode AI company co-founded by Robinhood (NASDAQ:HOOD) CEO Vlad Tenev, has raised US$100 million in a Series B funding round led by Kleiner Perkins. Sequoia Capital, Index Ventures and Paradigm also participated in the round, which brought the company’s valuation to US$875 million.

Founded in 2023 by Tenev and Tudor Achim, who previously led autonomous driving startup Helm.ai, the startup is focused on building “smarter” AI models using a concept it calls “Mathematical Superintelligence.’

Its flagship model, Aristotle, is being trained to generate answers grounded in formal mathematical logic. On Bloomberg News, Tenev has said the company’s goal was to build AI systems that can solve the type of complex math problems that currently elude chatbots, eventually expanding its capabilities to physics and computer science.

Harmonic also aims to eliminate chatbot hallucinations through formal verification, a mathematical method that guarantees correct AI system function.

The startup wants to make the model available to researchers and the general public later this year.

5. Groq seeks US$6 billion valuation to fuel Saudi AI ambitions

The Information reported on Wednesday that Groq, a US-based AI chip startup and challenger to NVIDIA, is seeking to raise between US$300 million and US$500 million in a new funding round that would value it at US$6 billion.

Groq’s language processing units (LPUs) are known for their fast inferencing technology.

Unlike general-purpose GPUs, which were originally made for graphics and then adapted for AI, Groq’s LPUs were designed specifically to process language.

According to the report, the funding would help Groq fulfill a US$1.5 billion deal to deliver advanced AI chips to Saudi Arabia. With its ambitious Vision 2030, Saudi Arabia is actively pursuing a role as a global AI and technology hub, driving its interest in obtaining cutting-edge chips.

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

This post appeared first on investingnews.com

Sun Summit Minerals Corp. (TSXV: SMN,OTC:SMREF) (OTCQB: SMREF) (‘Sun Summit’ or the ‘Company’) is pleased to provide an update from its ongoing project-wide exploration program at the JD Project, Toodoggone Mining District, north-central British Columbia (the ‘JD Project’). Drilling has now commenced with over 5,000 meters of drilling planned.

Highlights:

  • Drilling has now started: The drill rig is currently advancing the first hole on the northwestern extent of the Creek Zone. Up to 3,000 meters of drilling is planned at the Creek Zone designed to investigate the extent and continuity of near-surface, high-grade and bulk-tonnage gold mineralization. Historical and recent highlight intercepts include:

    • 122.53 m of 2.11 g/t Au including 1.5 of 121.0 g/t Au (CZ-24-0047)

    • 54.95 m of 2.69 g/t Au including 19.50 m of 7.31 g/t Au (CZ-24-0058)

    • 22.0 m of 11.7 g/t Au including 4.0 m of 61.2 g/t Au (CZ97-0085)

  • Up to 2,000 meters of drilling planned at the Finn Zone to be completed following the Creek Zone drilling: Holes are designed to evaluate the extent and continuity of high-grade and bulk-tonnage gold mineralization. Historical highlight intercepts include:

    • 35.7 m of 7.26 g/t Au including 1 m of 215.4 g/t Au (JD95-0472)

    • 25.9 m of 6.42 g/t Au including 6.1 m of 12.8 g/t Au (JD94-0151)

    • 22.0 m of 6.32 g/t Au including 12.6 m of 10.8 g/t Au (JD12-0033)

  • Project-wide exploration activities focused on drill target refinement are ongoing, including:

    • Over 20-line km of induced polarization (IP) geophysics has been completed along the JD Porphyry Trend.

    • Over 1,000 soil samples have now been collected across the Belle South grid, the southern extent of the JD Porphyry trend.

    • Geological mapping and prospecting are ongoing with a current focus on McClair Creek which transects the JD Porphyry Trend. Mapping has also been completed along the Finn to Creek Corridor as well as the Oxide Peak West target.

‘It’s exciting to see the drill rig turning on the first hole of our fully funded $6 million exploration program,’ said Niel Marotta, CEO of Sun Summit Minerals. ‘This year’s campaign is focused on advancing and expanding the Creek and Finn gold-silver targets, while also generating and refining new priority targets across the JD Project. With several large regional programs underway in the northern Toodoggone, we expect a steady stream of news throughout the season, including drill results from our own aggressive 5,000 metre program.’

JD Exploration Program

The primary exploration goals at the JD Project are to advance and expand the Creek and Finn gold-silver targets and to generate and refine new priority targets across the project. Work is currently focused on the highly prospective 4.5 km long epithermal-related Finn to Creek corridor, as well as the 12 km long JD Porphyry trend (Figure 2).

Drilling update: Drilling has now commenced with the rig advancing the first hole of the program at the Creek Zone. Up to 3,000 meters of drilling is planned at the Creek Zone with holes designed to investigate the extent and continuity of near-surface, high-grade and bulk-tonnage gold mineralization (e.g., 122.53 m of 2.11 g/t Au including 1.5 of 121.0 g/t Au in CZ-24-0047 and 22.0 m of 11.7 g/t Au including 4.0 m of 61.2 g/t Au in CZ97-0085, Figure 3). Following completion of the Creek Zone holes, the drill rig will move to the Finn zone where up to 2,000 meters of drilling is planned with holes designed to evaluate the extent and continuity of near-surface high-grade and bulk-tonnage gold mineralization (Figure 4).

Target generation update: Project-wide exploration activities aimed at target generation and drill target refinement are ongoing, including:

  • Over 20-line km of induced polarization (IP) geophysical surveying has been completed along the JD Porphyry trend east of the Finn Zone. Additional surveying is planned across parts of the Finn to Creek corridor to infill historical gaps.
  • Over 1,000 soil samples have now been collected across the Belle South grid, southern extent of the porphyry trend (Figure 2). Once complete, sampling will continue across the Kadah grid which covers a highly prospective area south of the Finn to Creek corridor lacking historical soil coverage.
  • Geological mapping and prospecting are ongoing with a current focus on McClair Creek which transects the JD Porphyry trend. Mapping has also been completed along the Finn to Creek corridor as well as the Oxide Peak West target. Mapping will continue east towards the East McClair target (Figure 2).

Timeline: Drilling and complementary exploration activities are anticipated to continue into September.

Figure 1.Map of the Toodoggone District showing the location of the JD Project in relation to other development and exploration projects. Data sourced from Thesis, TDG and Centerra’s corporate websites.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/6142/258684_8e19fa8484293969_001full.jpg

Figure 2. Map of the JD Project showing the broad JD Porphyry trend and the epithermal-related Finn to Creek Corridor. Planned areas for IP and soil surveys are shown in grey. Key targets are highlighted.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/6142/258684_8e19fa8484293969_002full.jpg

Figure 3. Map of the Creek Zone showing drill collar locations with selected highlights. The area targeted for 2025 drilling is outlined in red. See references below for data sources.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/6142/258684_8e19fa8484293969_003full.jpg

Figure 4.Map of the Finn Zone showing historical drill collar locations with selected highlights. The area targeted for 2025 drilling is outlined in red. See references below for data sources.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/6142/258684_8e19fa8484293969_004full.jpg

National Instrument 43-101 Disclosure and Disclaimer

This news release has been reviewed and approved by Sun Summit’s Vice President Exploration, Ken MacDonald, P. Geo., a ‘Qualified Person’ as defined in National Instrument 43-101 Standards of Disclosure for Mineral Projects of the Canadian Securities Administrators. Some technical information contained in this release is historical in nature and has been compiled from public sources believed to be accurate. The historical technical information has not been verified by Sun Summit and may in some instances be unverifiable dependent on the existence of historical drill core and grab samples. Historical results are no indication of future results.

Community Engagement

Sun Summit is engaging with First Nations on whose territory our projects are located and is discussing their interests and identifying contract and work opportunities, as well as opportunities to support community initiatives. The Company looks forward to continuing to work with local and regional First Nations with ongoing exploration.

About the JD Project

The JD Project is located in the Toodoggone mining district in north-central British Columbia, a highly prospective deposit-rich mineral trend. The project covers an area of over 15,000 hectares and is in close proximity to active exploration and development projects, such as Thesis Gold’s Lawyers and Ranch projects, TDG Gold’s Baker-Shasta projects, Amarc Resources’ AuRORA project, Centerra Gold’s Kemess East and Underground projects, as well as the past-producing Kemess open pit copper-gold mine.

The project is 450 kilometres northwest of the city of Prince George, and 25 kilometres north of the Sturdee airstrip. It is proximal to existing infrastructure in place to support the past-producing Kemess mine, including roads and a hydroelectric power line.

The JD Project is in a favourable geological environment characterized by both high-grade epithermal gold and silver mineralization, as well as porphyry-related copper and gold mineralization. Some historical exploration, including drilling, geochemistry and geophysics, has been carried out on the property, however the project area is largely underexplored.

About Sun Summit

Sun Summit Minerals (TSX-V: SMN; OTCQB: SMREF) is a mineral exploration company focused on the discovery, expansion and advancement of district scale gold and copper assets in British Columbia. The Company’s diverse portfolio includes the JD and Theory projects in the Toodoggone region of north-central B.C., and the Buck Project in central B.C.

Further details are available at www.sunsummitminerals.com.

References

  1. Hawkins, P.A. (1998), 1997 Exploration Report on the Creek Zone for Antares Mining and Exploration Corporation and AGC Americas Gold Corporation, JD Property, Toodoggone River Area, Omineca Mining Division, Internal Report #98-065-1.

Link to Figures

Figure 1: https://wp-sunsummitminerals-2024.s3.ca-central-1.amazonaws.com/media/2025/06/SMN_JD_Plans_20250618_Fig-1.jpg 

Figure 2: https://wp-sunsummitminerals-2024.s3.ca-central-1.amazonaws.com/media/2025/06/SMN_JD_Plans_20250618_Fig-2-scaled.jpg 

Figure 3: https://wp-sunsummitminerals-2024.s3.ca-central-1.amazonaws.com/media/2025/06/SMN_JD_Plans_20250618_Fig-3-scaled.jpg

Figure 4: https://wp-sunsummitminerals-2024.s3.ca-central-1.amazonaws.com/media/2025/06/SMN_JD_Plans_20250618_Fig-4-scaled.jpg 

On behalf of the board of directors

Niel Marotta
Chief Executive Officer & Director
info@sunsummitminerals.com 

For further information, contact:

Matthew Benedetto, Simone Capital
mbenedetto@simonecapital.ca
Tel. 416-817-1226

Forward-Looking Information

Statements contained in this news release that are not historical facts may be forward-looking statements, which involve risks, uncertainties and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements. In addition, the forward-looking statements require management to make assumptions and are subject to inherent risks and uncertainties. There is significant risk that the forward-looking statements will not prove to be accurate, that the management’s assumptions may not be correct and that actual results may differ materially from such forward-looking statements. Accordingly, readers should not place undue reliance on the forward-looking statements. Generally forward-looking statements can be identified by the use of terminology such as ‘anticipate’, ‘will’, ‘expect’, ‘may’, ‘continue’, ‘could’, ‘estimate’, ‘forecast’, ‘plan’, ‘potential’ and similar expressions. Forward-looking statements contained in this news release may include, but are not limited to the size and scope of the drill program at the JD Project; the Company’s exploration plans, forecasts and timing of said plans; and the potential for positive findings, if any, from the drill program. These forward-looking statements are based on a number of assumptions which may prove to be incorrect which, without limiting the generality of the following, include: the Company’s ability to complete the drill program as currently contemplated; risks inherent in exploration activities; the ability of the Company to find and verify any mineralization; volatility and sensitivity to market prices; fluctuations in metal prices. The forward-looking statements contained in this news release are made as of the date hereof or the dates specifically referenced in this news release, where applicable. Except as required by applicable securities laws and regulation, Sun Summit disclaims any intention or obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. All forward-looking statements contained in this news release are expressly qualified by this cautionary statement. Further details about the risks applicable to the Company are contained in the Company’s public filings available on SEDAR+ (www.sedarplus.ca), under the Company’s profile.

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

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/258684

News Provided by Newsfile via QuoteMedia

This post appeared first on investingnews.com

 

Apollo Silver Corp. (‘ Apollo ‘ or the ‘ Company ‘) (TSX.V:APGO, OTCQB:APGOF, Frankfurt:6ZF0) is pleased to announce that it has entered into an investor relations agreement (the ‘Agreement’) with Matthews Investments, to provide investor relations services to the Company, as defined in accordance with the policies of the TSX Venture exchange (‘TSXV’) and applicable securities laws. Matthews Investments will receive consideration of C$7000month, payable monthly in arrears, for an initial term of three months, with the option for the Company to renew on a quarterly basis thereafter.

 

Matthews Investments, a company based in Vancouver, British Columbia, provides IR consulting services for public companies. Founding CEO, Richard Matthews, is an IR expert with more than 15 years of experience and with deep expertise in the mining industry. He has held senior management and board roles at Canadian publicly listed companies and has run highly successful, international IR programs. Neither Matthews Investments nor any of its principals hold, directly or indirectly, any securities of Apollo, however, they have advised that they may participate in a future financing or acquire shares in the open market.

 

The Agreement is subject to the approval of the TSXV.

 

  About Apollo Silver Corp.  

 

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

 

Please visit www.apollosilver.com for further information.

 

  ON BEHALF OF THE BOARD OF DIRECTORS  

 

Ross McElroy
President and CEO

 

  For further information, please contact:  

 

Email: info@apollosilver.com
Telephone: +1 (604) 428-6128

 

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

 

   

 

 

News Provided by GlobeNewswire via QuoteMedia

This post appeared first on investingnews.com

 

Stallion Uranium Corp. (the ‘ Company ‘ or ‘ Stallion ‘ ) (TSX-V: STUD ; OTCQB: STLNF ; FSE: FE0) is pleased to report the results from the 3D inversion of ground gravity data over the Coyote Target, located within the Southwestern Athabasca Basin Joint Venture (‘ JV ‘) Project in partnership with Atha Energy Corp. (‘Atha Energy’) (TSX-V: SASK) .

 

‘The inversion modelling at Coyote has delineated a laterally extensive and coherent gravity low, spatially coincident with a structurally complex corridor exhibiting attributes characteristic of fertile uranium-bearing systems within the Athabasca Basin,’ said Matthew Schwab, CEO of Stallion Uranium Corp. ‘The robustness of the geophysical anomaly, in conjunction with the structural and lithological setting, provides compelling evidence supporting Coyote as a high-priority target for drill testing.’

 

  Highlights:  

 

  • 3D gravity inversion completed and interpreted by leading geophysical experts specializing in the Athabasca Basin
  •  

  • Identified multiple gravity-low anomalies along a major conductive corridor
  •  

  • A prominent, coherent gravity-low feature interpreted as a zone of alteration along an interpreted structural corridor
  •  

  • Strong correlation between the gravity anomalies and conductive breaks identified from the MobileMT survey
  •  

The inversion results highlight a gravity-low anomaly commonly associated with significant uranium mineralization systems in the Athabasca Basin. The modelled anomaly defines the low-density feature’s depth extent, shape, and continuity, further supporting the potential for large-scale uranium alteration at Coyote.

 

‘The 3D gravity inversion provides a powerful validation of the overall prospectivity at Coyote,’ said Darren Slugoski, Vice President, Exploration at Stallion Uranium. ‘The inversion highlights a series of at least five compelling targets within an 8.5 km corridor. We are well-positioned to take the next steps toward discovery with a subsequent ground EM survey (currently being interpreted by Convolutions Geoscience) in addition to a focused and systematic drill program.’

 

The inversion results visualize subsurface density variations, with the anomaly’s geometry and intensity suggesting prolonged fluid movement and alteration; critical vectors toward uranium mineralization. The alignment of the gravity-low with previously defined conductive trends and interpreted structural corridors underscores a compelling geological model. The results validate the exploration strategy at Coyote and refine the prioritization of drill targets based on integrated geophysical and structural frameworks.

 

 

 

   Figure 1    : Results of Ground Gravity Density Inversion at the Unconformity Depth

 

  Background; Regional First Vertical Derivative Magnetics, targets denoted by purple outlines  

 

‘The 3D gravity inversion model at Coyote reveals a well-defined low-density anomaly that is both laterally extensive and vertically continuous,’ said Kyle Patterson, P. Geo., Principal Geophysicist at Convolutions Geoscience, a leading consulting firm specializing in advanced geophysical modelling and geologic integration. ‘This type of geophysical signature is commonly associated with deep-seated structural zones and extensive hydrothermal alteration; both key indicators in targeting basement-hosted uranium deposits in the Athabasca Basin. The spatial correlation with interpreted MobileMT conductors, observed alteration patterns, and interpreted shear zones further support the interpretation that the Coyote project hosts the ideal geological pathfinders for a significant uranium system.’

 

 

 

   Figure 2    : Results of 3D Gravity Inversion

 

  Conductors interpreted from previous MobileMT Survey  

 

  About Kyle Patterson:  

 

Kyle Patterson, P. Geo., is the Chief Geophysicist and founder of Convolutions Geoscience, a geophysical consulting firm specializing in advanced modelling and interpretation techniques for mineral exploration. With over 15 years of experience in the industry and a focus on high-resolution geoscientific data integration in the Athabasca Basin, Kyle has worked extensively with uranium explorers to define and refine targets using gravity, magnetics, and EM inversion modelling. His expertise is in interpreting complex structural and alteration systems, bridging geophysics with geological understanding to drive discovery-focused exploration.

 

  Gravity Data Inversion:  

 

Convolutions Geoscience inverted the ground gravity data, utilizing industry-standard 3D inversion techniques to estimate subsurface density variations from the processed gravity data. The objective was to assist in delineating alteration zones of interest for uranium exploration.

 

Convolutions Geoscience carried out a 3D inversion of the gravity data to create a voxel product of subsurface density anomalies using the industry-standard Fullagar Vertical Prism Magnetic and Gravity (VPmg) codes. The inputs into the inversion were the free air anomaly from the dataset; lake bathymetry data for water depth; digital terrain model (DTM) for the project area, in addition to NASA Shuttle Radar Topography Mission (SRTM) data for surrounding areas; and density constraints for sandstone cover rocks above the unconformity as well as basement rocks below the unconformity. Convolutions created a VPmg gravity inversion using 40m x 40m surface XY blocks and Z blocks of 10m at the surface, increasing by 5% at depth. The total model block depth exceeds 10km.

 

  Qualifying Statement:  

 

The foregoing scientific and technical disclosures for Stallion Uranium have been reviewed by Darren Slugoski, P.Geo., VP Exploration, a registered member of the Professional Engineers and Geoscientists of Saskatchewan. Mr. Slugoski is a Qualified Person as defined by National Instrument 43-101.

 

Kyle Patterson, P.Geo., President of Convolutions Geoscience, has reviewed the foregoing scientific and technical disclosures for Convolutions Geoscience Corporation. Kyle is a registered member of the Professional Engineers and Geoscientists of Saskatchewan and the Engineers and Geoscientists of British Columbia.

 

  About Stallion Uranium Corp.:  

 

 Stallion Uranium is working to ‘Fuel the Future with Uranium’ through the exploration of roughly 1,700 sq/km in the Athabasca Basin, home to the largest high-grade uranium deposits in the world. The company, with JV partner Atha Energy holds the largest contiguous project in the Western Athabasca Basin adjacent to multiple high-grade discovery zones.

 

Our leadership and advisory teams are comprised of uranium and precious metals exploration experts with the capital markets experience and the technical talent for acquiring and exploring early-stage properties. For more information visit stallionuranium.com .

 

  On Behalf of the Board of Stallion Uranium Corp.:  

 

Matthew Schwab
CEO and Director

 

  Corporate Office:  
700 – 838 West Hastings Street,
Vancouver, British Columbia,
V6C 0A6

 

T: 604-551-2360
info@stallionuranium.com  

 

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

 

  This news release contains forward-looking statements and forward-looking information within the meaning of Canadian securities legislation (collectively, ‘forward-looking statements’) that relate to the Company’s current expectations and views of future events. Any statements that express, or involve discussions as to, expectations, beliefs, plans, objectives, assumptions or future events or performance (often, but not always, through the use of words or phrases such as ‘will likely result’, ‘are expected to’, ‘expects’, ‘will continue’, ‘is anticipated’, ‘anticipates’, ‘believes’, ‘estimated’, ‘intends’, ‘plans’, ‘forecast’, ‘projection’, ‘strategy’, ‘objective’ and ‘outlook’) are not historical facts and may be forward-looking statements and may involve estimates, assumptions and uncertainties which could cause actual results or outcomes to differ materially from those expressed in such forward-looking statements. No assurance can be given that these expectations will prove to be correct and such forward-looking statements included in this material change report should not be unduly relied upon. These statements speak only as of the date they are made.  

 

  Forward-looking statements are based on a number of assumptions and are subject to a number of risks and uncertainties, many of which are beyond the Company’s control, which could cause actual results and events to differ materially from those that are disclosed in or implied by such forward-looking statements. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by law. New factors emerge from time to time, and it is not possible for the Company to predict all of them or assess the impact of each such factor or the extent to which any factor, or combination of factors, may cause results to differ materially from those contained in any forward-looking statement. Any forward-looking statements contained in this presentation are expressly qualified in their entirety by this cautionary statement .

 

Photos accompanying this announcement are available at:

 

  https://www.globenewswire.com/NewsRoom/AttachmentNg/f216b8e9-3d02-444b-855b-60f0a334a288  

 

  https://www.globenewswire.com/NewsRoom/AttachmentNg/78072d01-85ae-495d-b249-38a69824b43a  

 

   

 

 

News Provided by GlobeNewswire via QuoteMedia

This post appeared first on investingnews.com

The Trump administration is speeding up its efforts to address a nationwide shortage of Air Traffic Controllers. 

Earlier this year, Transportation Secretary Sean Duffy announced a push to hire 2,000 new controllers by the end of the year. 

Inside the Federal Aviation Administration’s Oklahoma City training site, there is cutting-edge simulation technology that gives trainees a real feel for working in the tower. 

According to the FAA, that technology cuts weeks off the time required for certification. Now, federal aviation officials say they’re on track to reach the goal of 2,000 new controllers by mid-September. 

‘Keying up, telling an aircraft to do something is not something that just comes natural to people…It’s learning that phraseology,’ explained Chris Wilbanks, the FAA’s Vice President of Mission Support. ‘It’s making sure that the pilot completely understands the instruction that you just gave him.’ 

Each trainee starts with a 30-day basics course, followed by six to eight weeks of specialized training in both tower and radar operations. 

You impact people’s lives,’ said Wilbanks. ‘They get on an airplane; they make it to their destination safely. They don’t know who got them there, but it’s you.’ 

The push for more air traffic controllers comes as staffing shortages caused delays earlier this year at busy airports such as Newark, New Jersey. 

‘We just put a brand-new simulation in Newark … We do have our problem spots out there. We keep our eyes on it every day,’ Wilbanks said. 

To help meet the demand, Transportation Secretary Duffy launched the Supercharge Initiative earlier this year. Part of that $12.5 billion boost to FAA infrastructure includes $100 million for training. 

July alone has seen the highest number of academy students in training in FAA’s history, with 550 students expected by the end of the month. 

The FAA reports it has shaved more than five months off the administrative process. Students who scored in the top percentile are now being placed into the academy more quickly. 

‘It’s going to take time to address the nationwide controller shortage, but I’m pleased to see our supercharge initiative is taking off. With our new streamlined hiring process, the best and the brightest candidates are starting their careers in air traffic control faster,’ said U.S. Transportation Secretary Sean P. Duffy in a newsletter sent to FOX early Friday. ‘We’ll continue to leverage opportunities big and small to keep chipping away at the shortage to keep our skies safe.’

This post appeared first on FOX NEWS

President Donald Trump and his team are tackling the messy and bloody world we inherited with historic achievements. Through deftly negotiated truces in the Middle East, Africa and Asia, our recent agreement with NATO and the successful strike on Iranian nuclear facilities, the U.S. is now well positioned to win lasting peace. 

But despite this historic run, tremendous global challenges remain. Russia’s war against Ukraine goes on, and Communist China rattles sabers in the Pacific. 

President Trump needs his full diplomatic team in place, and the time has come to fill the gap at the United Nations with his chosen successor, my friend, fellow veteran, and former House colleague Mike Waltz.

In September, the U.N. will hold its 80th annual gathering of world leaders at the General Assembly in New York, and so that the United States is fully represented, the U.S. Senate should act swiftly to confirm Mike Waltz before their annual August recess.

Mike is the right man for the time we’re living in – and for an America First approach to foreign policy. As I see it, there are six major issues facing the U.N. that Mike will address during his tenure there.

First, the U.N. Security Council must refocus its central mission of settling disputes and brokering deals. No more progressive political signaling.

Second, the U.N. needs to reform its terribly ineffective and toothless ‘peacekeeping’ missions. These security forces sitting on their bases for decades aren’t making dangerous places any safer.

Third, we must counter China in standards-setting bodies. For too long, we have failed to push back on Communist China’s influence. Mike understands the need to be tough with the CCP and I know he will deliver on this front.

Fourth, it is time to dismantle the United Nations Relief and Works Agency for Palestine Refugees (UNRWA) and its $1.2 billion budget. Corruption pervades this sham agency. President Trump has not been shy about calling out other U.N. deficiencies. He pulled the U.S. out of the so-called Human Rights Council and the World Health Organization, and Mike will see to it that we do not engage with such insidious works on his watch.

Fifth, antisemitism itself must be stamped out at the U.N. For too long the corrosive hatred of the Jewish people has festered at the organization. Israel has a right to exist, a right to live free of fear and with peaceful neighbors. 

Finally, it is time to defund foreign aid programs not in line with President Trump’s America First agenda. Woke waste is rampant at the U.N. and the House Foreign Affairs Committee, which I chair, has identified several ridiculous examples. Programs promoting ‘Gender sensitive approaches to addressing the Digital Information Disorder’ and ‘Being LGBTI in the Caribbean,’ for example, need to end and Mike will see that that they do.

Mike dedicated his life to national service. He’s a retired U.S. Army colonel and Green Beret who was awarded four Bronze Stars. He’s spent nearly three decades defending our country on the battlefield and serving the American people in the halls of power. 

The title of Mike’s 2014 book is ‘Warrior Diplomat,’ and at the U.N. it is his understanding of foreign policy that may be his greatest asset. Before joining the Trump administration, he was policy director for two secretaries of defense and was elected three times to Congress, where he served on the Foreign Affairs, Intelligence and Armed Services Committees, as well as the House China Task Force.

Mike is a seasoned operator, a principled America First conservative, and a skilled communicator who is unafraid to take America’s case directly to the world. Mike will be the president’s voice at the U.N. and will faithfully implement President Trump’s agenda while maintaining our historic ‘peace through strength’ philosophy that won the Cold War.

Earlier this year, in an executive order initiating a full review of U.S. involvement in the U.N., President Trump criticized the organization for being more eager to take ideological stances and back our adversaries than to tackle difficult global issues. 

Still, as the president signed the order, he repeated a sentiment he’s expressed frequently since 2017: ‘I’ve always felt that the U.N. has tremendous potential. It’s not living up to that potential right now.’ Realizing that potential will be a big part of Mike’s job as the president’s emissary.

For all its imperfections, the United Nations remains a forum for advancing American interests and challenging our adversaries on the world stage. At this time of global tension and conflict, we need someone smart, tested and clear-eyed representing us there. It’s time to confirm Mike Waltz.

This post appeared first on FOX NEWS

In his 26th week back in the Oval Office, President Donald Trump is expected to make a ‘major announcement’ related to Russia, hold a meeting with the NATO chief, and join a summit in Pennsylvania as America’s race to lead the world on artificial intelligence continues. 

July 13 marks the one-year anniversary of the first assassination attempt on Trump during the 2024 presidential cycle. Trump spent the anniversary at his home in Bedminster, N.J., before traveling with first lady Melania Trump to the FIFA Club World Cup final on Sunday at MetLife Stadium in the Garden State. 

Trump returned to the White House on Sunday evening and is expected to have another whirlwind workweek. 

MEETING WITH NATO CHIEF

Trump will meet with NATO Secretary General Mark Rutte this week following the U.S. president saying last week that the U.S. is selling weapons to its NATO allies for them to be passed along to Ukraine as it continues battling Russia. 

The NATO chief will be in Washington, D.C., on Monday and Tuesday, and will meet with Trump, Secretary of Defense Pete Hegseth and Secretary of State Marco Rubio, according to The Associated Press. Additional details on the meetings, however, have not yet been publicly released. 

Republican South Carolina Sen. Lindsey Graham said on CBS’ ‘Face the Nation’ on Sunday that Ukraine can expect to see an influx of weapons. Russia first invaded Ukraine in February of 2022. 

‘In the coming days, you’ll see weapons flowing at a record level to help Ukraine defend themselves,’ Graham said on CBS’ ‘Face the Nation. 

‘One of the biggest miscalculations Putin has made is to play Trump. And you just watch, in the coming days and weeks, there’s going to be a massive effort to get Putin to the table.’

Trump and Rutte most recently met in the Netherlands in June for a summit, where the NATO chief showed the makings of a blossoming friendship with Trump, including referring to Trump as ‘daddy’ for his handling of the Middle East. 

‘MAJOR’ RUSSIA ANNOUNCEMENT 

Trump teased last week that he would make a ‘major statement’ on Russia in the coming days as the NATO meetings prepare to kick off this week. 

‘I’m disappointed in Russia, but we’ll see what happens over the next couple of weeks,’ Trump told NBC last week. 

‘I think I’ll have a major statement to make on Russia on Monday,’ he added, without elaborating. 

Graham said in his interview on ‘Face the Nation’ on Sunday that ‘a turning point regarding [the Russian] invasion of Ukraine is coming,’ as Congress works to impose new economic sanctions on Russia to help end the war. 

‘For months, President Trump has tried to entice [Russian President Vladimir] Putin to the peace table. He’s put tariffs against countries that allow fentanyl to come in our country, other bad behavior — he’s left the door open regarding Russia. That door is about to close,’ Graham said on Sunday. 

TRUMP HEADS TO ENERGY AND AI SUMMIT

Trump will head to Pittsburgh on Tuesday for Pennsylvania Republican Sen. Dave McCormick’s inaugural Energy and Innovation Summit hosted at Carnegie Mellon University. 

The event is slated to focus on the U.S. power grid, America bid to win the AI race against China, as well as promoting the Keystone State as an ideal resource to help power the country’s future with AI and energy. 

‘The United States needs to win the artificial intelligence fight. We have to stop China, and we have to win this war for dominance in AI. And the way you win the war for dominance in AI is to win the war for energy dominance. That’s why our focus is on producing more here in the United States,’ said Mike Sommers, CEO and president of the American Petroleum Institute who will attend the summit, told Fox News Business of the event. 

‘Over the course of the last few years, energy demand has only gone up by about 2.5% a year. In the next seven years, we expect that energy demand is going to go up by 25%. The question that policymakers have to answer is: ‘Where is that energy going to come from?’ We think it should come from the United States,’ Sommers added. 

The event is expected to attract protesters, with Carnegie Mellon’s president calling on the school community to continue its history of ‘constructively engaging’ with presidencies across the ‘political spectrum.’

‘We have a history of constructively engaging with the federal government and administrations across the political spectrum. We view these opportunities as consequential to elevating and advancing both Carnegie Mellon’s mission and impact, and we bring to those moments the full measure of our expertise, our values and our voice in service to the nation,’ school president Farnam Jahanian said in a letter previewing the event on Sunday. 

Fox News Digital’s Amanda Macias contributed to this report. 

This post appeared first on FOX NEWS

After more than two decades of serving in the U.S. Navy and building government systems, I have witnessed firsthand how millions of dedicated Americans work every day in service of their fellow citizens and the security of our democracy. I have also seen both the immense potential — and frustrating inertia — that plagues public service. An unrealized opportunity exists to connect the U.S. government’s critical missions with the transformative power of commercial technology. 

Consider this: of the world’s 10 largest companies by market capitalization, a staggering eight are American founded. This is no accident; it is a direct result of our nation’s unparalleled entrepreneurial spirit. The critical question, however, is whether our own government is prepared to harness this strategic asset.  

Instead of tapping this engine of innovation, the U.S. government is held captive by its outdated processes. Entrenched legacy vendors have dug their claws in, and this has led to a general resistance to change. As the saying goes, ‘it takes a while to turn a big ship around.’  

That rings true with actual warships and aircraft carriers, but it also applies to how government agencies resist adopting new tools that improve collaboration, efficiency and security. Instead, the U.S. government and its outdated procurement processes cling to existing technology platforms, such as Microsoft’s suite of products that have been compromised time and again by China, which also happens to be one of the company’s most significant business partners. 

Breaking the shackles of ‘vendor lock-in’ — where the government becomes overly reliant on specific vendors even if they underperform — is crucial for fostering a new era of innovation that benefits America. When a company or product fails to perform well in the commercial sector, it’s terminated immediately.  

In the public sector, the company is usually allowed to see out their multi-year contracts and when it’s finally time to negotiate a renewal, all is forgotten. A more competitive public sector landscape, welcoming innovators and startups, can provide fresh perspectives, specialized solutions, and the speed to address rapidly evolving challenges. 

This is not a unique approach. Other nations are adopting this model, attempting to gain an edge over America. For example, China launched a program in 2023, with 39 partners, including Alibaba Cloud and Baidu, to advance computing power and AI.  

Russia subsidizes companies implementing digital transformation; and Iran, despite sanctions, is investing significantly in AI research and building a sovereign AI ecosystem. Our adversaries recognize that commercial tools drive rapid progress and are actively breaking down barriers to catch up to American AI leadership. 

There are understandable reasons for hesitancy. For years, Silicon Valley has been closely associated with the ‘move fast and break things’ mantra, while the U.S. government has looked on with both envy (of the speed and efficiency) and concern (over potential impacts to its services). However, learning from the commercial mindset of agility and a relentless drive for improvement will help it to serve the American public better. The benefits? Reduced waste, greater efficiency and better taxpayer value.  

Nowhere is this approach more critical than in national security. The threats America faces are constantly evolving and leveraging emerging technology to do so. Maintaining our edge requires more than just incremental improvements; it demands continuous access to cutting-edge capabilities.  

Leveraging the R&D engines of American commercial innovation — in areas like AI, cybersecurity, data analytics and resilient infrastructure — is not just advantageous; it’s essential. If Washington fails to leverage this homegrown ingenuity, it does so at our national peril, especially as our adversaries work tirelessly to do just that. 

Other nations are adopting this model, attempting to gain an edge over America. For example, China launched a program in 2023, with 39 partners, including Alibaba Cloud and Baidu, to advance computing power and AI. 

Government agencies tasked with everything from defending the nation to delivering health services need to have immediate access to the latest advancements in AI and data analytics, and they can only do so by leveraging powerful commercial tools with a platform for continuous improvement — an asset for national security and public service. 

AI could be used to accelerate some of the government’s most notorious backlogs, such as the millions of immigration court cases, the accumulation in environmental reviews for energy projects, and pileups in programs like Social Security or Veterans Affairs healthcare. AI can analyze data at lightning speed, helping federal agencies and their partners deliver on mission-critical work at an accelerated pace.  

The urgent need for a more agile, efficient, innovative and secure government is too significant to ignore. This is a pivotal moment. By embracing the discipline, accountability, and innovative spirit of the commercial sector, the U.S. government can unlock new levels of performance and effectiveness. Change is hard. But as adversaries gain on America — or worse, overtake us — change is mandatory.  

This post appeared first on FOX NEWS