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July 16, 2025

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Tech Takes the Spotlight Again—Are You Watching These Stocks?

Stock 4 Mins Read

Relatively healthy earnings reports from the big banks and a June inflation report that came in line with analyst expectations didn’t give the stock market much of a lift, as the S&P 500 ($SPX) and Dow Jones Industrial Average ($INDU) both ended the day lower. The only major index to shine was the Nasdaq Composite ($COMPQ), which closed at a record high.

Technology stocks were the stars of the show. It wasn’t a blowout rally, but the sector still managed to finish in the green. Why? There were a couple of key developments that gave tech a nice boost.

First, semiconductors got some breathing room. Restrictions on chip sales to China were relaxed, and that gave big names like NVIDIA Corp. (NVDA) and Advanced Micro Devices (AMD) a reason to rally. 

Second, there’s a push from the government to invest in AI and energy initiatives in Pennsylvania. One of the biggest winners was Super Micro Computer, Inc. (SMCI), which jumped 6.9% — the biggest percentage gain in the S&P 500. You can see from the StockCharts MarketCarpet for the S&P 500 stocks that, besides the top-weighted stocks in the index, it was mostly a sea of red.

FIGURE 1. MARKETCARPET FOR TUESDAY, JULY 15. Technology was the clear leader, with the largest cap-weighted stocks leading the sector higher.Image source: StockCharts.com. For educational purposes.

Semiconductors Show Strength

If you’ve been watching semiconductors, you may have noticed that the SPDR S&P Semiconductor ETF (XSD) has been on a roll. Since April, the ETF has stayed above its 20-day exponential moving average (EMA). The relative performance of XSD against the SPDR S&P 500 ETF (SPY) has been improving, and its relative strength index (RSI) is at around 62, an indication that momentum is at healthy levels (see chart below). It’s important to note that since May, the RSI has remained above 50, which is supportive of XSD’s upside movement.

Note: StockCharts members can access this chart from the Market Summary page or the Market Summary ChartPack (under US Industries > Bellwether Industries).

FIGURE 2. DAILY CHART OF XSD. Since April, XSD has been trending higher and is now trading above its 21-day EMA.Chart source: StockCharts.com. For educational purposes.

How to Track Semiconductor Stocks

If the environment for semiconductors remains strong, there could be more upside for stocks in that space. A simple way to keep tabs on the stocks using StockCharts tools is to create a ChartList of semiconductor stocks you’re interested in owning.

  • Begin by heading to the US Sectors panel in the Market Summary page or the Sector Summary page on your Dashboard.
  • Click Sector Drill-Down > Technology Sector Fund > Semiconductors.
  • You’ll see the list of semiconductor stocks that make up the industry group.

From there, I prefer to sort the data by the Universe (U) column, starting with the large caps and then the StockCharts Technical Rank (SCTR) score to find large-cap technically strong stocks. You can then view the charts on the list. If you see a chart that appears to have a favorable risk-to-reward ratio, you can save it to your Semiconductor ChartList.

FIGURE 3. SEMICONDUCTOR STOCKS TO REVIEW. The sector drill-down will uncover stocks in leading sectors or industry groups. Scroll down the list to identify charts that meet your investment or trading criteria. Image source: StockCharts.com. For educational purposes.

As you review the charts in your ChartList, you can identify potential support and resistance levels and set alerts to notify you when prices reach your key levels. It’s a great way to stay proactive.

The Bottom Line

This type of top-down analysis helps you stay one step ahead of the market. Start with the broad market, then narrow down to sectors, then industry groups, and then individual stocks. By taking a proactive approach to managing your investments, you’re always preparing for the stock market’s next move.

Disclaimer: This blog is for educational purposes only and should not be construed as financial advice. The ideas and strategies should never be used without first assessing your own personal and financial situation, or without consulting a financial professional.

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Investing

Seabed Mining Heats Up as Lockheed Martin Courts Interest in Pacific Licenses

Investing 5 Mins Read

Defense manufacturer Lockheed Martin (NYSE:LMT) is in early talks with undersea mining companies to open access to two dormant seabed exploration licenses it has held since the 1980s

The move signals a renewed US push to tap the ocean floor for critical minerals.

The licenses, which cover swaths of the eastern Pacific seabed in international waters, were awarded to Lockheed by US regulators decades ago during a previous wave of interest in deep-sea mining.

Though the projects never progressed to extraction, they are now gaining fresh attention as nations and corporations seek alternative sources of key minerals used in electric vehicles, defense technologies, and clean energy systems.

“We are in early stages of conversations with several companies about giving them access to our licences and allowing them to process those materials,” Frank St. John, Lockheed’s chief operating officer, told the Financial Times.

While St. John declined to quantify the potential value of the deposits, he added that interested parties have “done the homework and determined there is value there.”

Lockheed’s seabed licenses could represent a strategic foothold in a mineral-rich region, containing polymetallic nodules that can hold commercially viable concentrations of key metals.

The timing also coincides with recent executive action from the White House.

USPresident Donald Trump, who returned to office in January, signed an executive order in April asserting US rights to issue mining licenses in international waters and encouraging the stockpiling of seabed metals as strategic resources.

The order bypasses ongoing negotiations at the International Seabed Authority (ISA), the UN agency tasked with regulating deep-sea mining, and instead relies on the 1980 US Deep Seabed Hard Mineral Resources Act as the legal foundation.

It emphasizes the need to “establish the US as a global leader in seabed mineral exploration and development both within and beyond national jurisdiction.” While the US has not ratified the UN Convention on the Law of the Sea — the treaty from which the ISA derives its authority — it has signed a 1994 agreement recognizing the treaty’s seabed provisions and operates its own permitting system through the National Oceanic and Atmospheric Administration.

Lockheed said it welcomes the renewed policy attention. “We believe the US has the opportunity to develop a gold standard for commercial recovery of nodules in an environmentally responsible manner.”

Court upholds TMC disclosures on deep-dea mining risks

Lockheed is not alone in navigating the legal uncertainties surrounding seabed mining.

The Metals Company (TMC) (NASDAQ:TMC), a deep-sea mining startup, recently survived a shareholder lawsuit alleging it had misled investors about the environmental impacts and financial backing of its operations.

US District Judge Eric Komitee dismissed the claims, ruling that the company’s comparisons to conventional mining methods were not misleading, even if deep-sea mining still carries environmental risks.

“It is eminently possible that (1) deep-sea mining causes meaningful environmental harm, and yet (2) such harm is significantly less than the harm caused by existing methods,” the judge wrote.

TMC had disclosed in filings that deep-sea mining could result in damage and that the regulatory path remained uncertain. Its legal win may encourage others — like Lockheed — to proceed more openly with their seabed plans, albeit cautiously.

Deep-sea mining industry cautiously awakens

The growing pursuit of potentially extracting resources from the world’s oceans comes at a critical juncture for the seabed-mining industry. For decades, a de facto moratorium on mining in international waters has been in place due to regulatory uncertainty and environmental concerns.

The ISA has issued more than 30 exploratory permits, but has yet to finalize commercial extraction rules. That delay has prompted frustration from some parties, while drawing calls from others for a pause or outright ban.

Currently, the ISA is holding key assemblies in Jamaica to hash out the long-awaited mining code to regulate commercial activity on the ocean floor with provisions for environmental safeguards, royalties, and tax obligations.

But a growing number of countries — 37 at last count — have pushed for a precautionary pause, citing risks to deep-sea ecosystems that remain largely uncharted. Scientists warn that mining these habitats could cause irreversible damage.

In 2023, Lockheed appeared to step back from the sector by selling two UK-sponsored exploration licenses in the Pacific, a move interpreted by analysts as signaling reduced confidence in deep-sea mining.

However, its retained US licenses suggest it never fully exited the space.

The Trump administration’s executive order marks the most assertive US step yet to undermine the ISA’s multilateral approach, raising fears among diplomats that the agency may lose legitimacy.

China, which has also invested heavily in seabed mining, responded sharply to the move.

“The US authorization violates international law and harms the overall interests of the international community,” Chinese foreign ministry spokesman Guo Jiakun said earlier this year.

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

This post appeared first on investingnews.com

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Investing

Rule Symposium 2025: Gold, Geopolitics and the Real Asset Uprising

Investing 7 Mins Read

The resource investing community descended on Boca Raton, Florida, during the first full week of July for another edition of the Rule Symposium, hosted by veteran investor and speculator Rick Rule.

The five day event featured an illustrious array of speakers, panelists and companies sharing a wealth of investor knowledge. As in years past, gold remained a top focus, with many presenters stressing the value it offers investors.

Opening the conference, Rule provided a sobering overview of the current economic trajectory. He urged investors to set aside political narratives and instead focus on the raw arithmetic of America’s financial condition.

“It’s not about politics, it’s about math,” said Rule.

He pointed to three figures that define the US financial landscape: US$141 trillion in aggregate private net worth, a US$27.71 trillion GDP and a personal savings rate of just 4 percent. That’s set against mounting obligations — US$36.6 trillion in federal debt held by bondholders and over US$100 trillion in unfunded federal entitlements.

Rule cautioned that the imbalance between assets and liabilities points to a looming reckoning, potentially echoing the inflationary erosion of the 1970s, when the US dollar lost 75 percent of its purchasing power.

“There’s no way out of this without reducing the value of the dollar,” he told the audience. “(The) increase in gold (prices) will mirror the decrease in purchasing power of the US dollar.’

To hedge against this risk, Rule encouraged attendees to adopt a more self-reliant approach.

He advised listeners to question government guarantees, focus on building personal financial resilience and consider investing in inflation-sensitive assets such as gold and silver. “The math doesn’t lie — it’s time to prepare, not just react,” said Rule. ”I need you not to panic when the time is right, but rather to pounce.”

Watch a recap of key Rule Symposium takeaways.

Tailwinds turning to headwinds

In addition to strategically allocating to gold, geopolitical uncertainty was as a key theme at the Rule Symposium.

During his presentation “Back to the Old Drawing Board: First Principles and the Lost Art of Investing Through Crisis,” author and publisher Grant Williams made the case that longstanding tailwinds — globalization, demographic expansion and low interest rates — have reversed, giving way to persistent uncertainty.

 

Williams provides an overview of shifting market dynamics.

He traced the last four decades of wealth creation to a rare alignment of forces that pushed asset prices, particularly US equities, sharply higher. However, since 2020, a new macro regime has emerged, defined by tighter monetary policy, rising geopolitical risk and fading confidence in the US dollar.

Like many speakers at the Rule Symposium, Williams also underscored the massive gold purchases central banks are making. During Q1 of this year, central banks added 244 metric tons of gold to their official reserves, a 24 percent increase above the five year quarterly average, according to World Gold Council data.

For Williams, this shift signals growing concern within the financial system — a trend investors shouldn’t overlook.

“When central banks are exchanging their reserves for gold in record amounts, if they feel the sudden urgent need to own more gold, you better believe that we should feel that too,” he noted.

The expert went on to illustrate how major economic and societal cycles are converging, suggesting more volatility ahead. A live poll of the audience taken during his session revealed growing unease among attendees, with many already adjusting their portfolios and long-term goals. In response, Williams called for a return to key principles: scarcity, durability, resilience, trust, patience and a clear-eyed acceptance of uncertainty.

These, he said, should now anchor any sound investment approach. He urged Rule Symposium attendees to shift their mindset from chasing returns to preserving capital by reducing overexposure to US equities, diversifying by geography and asset class and focusing on businesses with real staying power.

The investment playbook of the past no longer fits the world we’re entering, he stressed.

Navigating what Williams calls an “age of headwinds” will require humility, discipline and a willingness to rethink what truly creates and protects wealth.

Hard assets set to shine

Economist, author and former Wall Street executive Dr. Nomi Prins laid out a case for what she calls the “real asset uprising,” a global shift in value and power driven by hard assets like gold, silver, copper, uranium and rare earths.

Drawing on her experience in high-level banking and her current work in the mining sector, Prins argued that rising geopolitical friction, shifting trade dynamics and financial system strain are fueling a renewed focus on tangible resources. She pointed to surging institutional interest in commodities, noting that Wall Street deal flow tied to real assets is up 24 percent year-on-year, while hiring in commodity finance roles has increased by 15 percent.

Gold, once dismissed on trading desks, is now seen as a strategic monetary tool.

According to Prins, the yellow metal will not replace the US dollar as the reserve currency, but it will play a central role in bilateral trade and power negotiations. Gold’s jurisdiction — where it is stored and mined — is now more important than ever, she explained, as nations seek to shield assets from sanctions and instability.

Silver, copper, uranium and rare earths are all finding support through similar structural tailwinds, Prins pointed out.

Silver demand is rising due to its industrial applications, and limited aboveground supply is driving long-term contracts.

For its part, copper has become so strategically important that the US is conducting a Section 232 national security investigation into its supply chain, a move historically reserved for defense resources. Major buyers like China and India are stockpiling copper in anticipation of supply constraints.

Uranium is also surging back into focus, driven by bipartisan support for nuclear energy. Legislation and executive orders are fast tracking uranium permitting and enrichment, with utility demand expected to outstrip supply.

Rare earths = real assets

Prins highlighted rare earths as a critical new front in the ongoing global shift in value and power.

‘Rare earths are intrinsic to the nation,’ she said, pointing to their essential role in defense, electronics and energy technologies. With 85 percent of processing controlled by China, the US has launched Section 232 investigations to assess domestic vulnerabilities — reports on copper and rare earths are expected this fall.

Prins described her decision to join the board of a rare earths company as a natural extension of her belief in physical assets: “It’s not just about the asset — it’s about controlling the asset, the processing and the movement.”

That theme underpins the investment case: security of supply, efficient processing and strategic jurisdiction are key to value creation. She also noted a dramatic capital rotation, saying that US$330 billion has exited bonds over the past year, while US$230 billion has flowed into commodities.

“Wall Street is following the real asset story,” Prins emphasized.

 

Rule sits down with Porter Stansberry to discuss his investment strategy.

Prins then said real upside now lies not just in owning resources, but in having processing capability.

New technologies, like advanced rare earths separation methods, are increasing economic viability and attracting private capital. “Where private money and public power combine, that’s where the investment opportunity is,” she said.

With key policy announcements and trade shifts looming in the fall, she warned investors this is a “very critical time” in the real asset uprising. For Prins, the message is clear: investors, policymakers and mining leaders must position accordingly, because, in today’s world, “whoever controls the ground controls the game.’

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

This post appeared first on investingnews.com

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Noble Mineral highlights Mann Central Nickel Sulphide Initial Resource as announced by Canada Nickel

Investing 16 Mins Read

 

(TheNewswire)

 

       

   
                     

 

TORONTO, July 16, 2025 TheNewswire – Noble Mineral Exploration Inc. (‘ Noble ‘ or the ‘ Company ‘) (TSXV: NOB,OTC:NLPXF) (OTCQB: NLPXF) is pleased to announce the initial mineral resource at Mann Central as announced by its joint venture partner Canada Nickel in the East Timmins Nickel Company, operating in the Timmins area of Northern Ontario.

 

  Noble CEO   Vance White   said ‘We congratulate our partner Canada Nickel on the work completed and the Initial Resource estimate for Mann Central project in Mann Twp and we are very excited about the prospects for East Timmins Nickel along with the several additional projects to be included.   It is important to note that Noble retains certain NSR and Buy Back rights on claims in this project.   ‘  

 

  Highlights:  

 

     

  TORONTO, July 15, 2025 – Canada Nickel Company Inc. (‘ Canada Nickel ‘ or the ‘ Company ‘) (TSX-V:CNC) (OTCQB: CNIKF) today announced initial mineral resource estimates (the ‘Mineral Resource Estimate’ or ‘MRE’) for its Mann Central Nickel Sulphide Project (‘Mann Central’), located 40 km northeast of Timmins, Ontario and its Texmont Nickel Sulphide Project (‘Texmont’), located 36 km south of Timmins.  Canada Nickel owns 80% of Mann Central through its interest in East Timmins Nickel Ltd. (‘East Timmins’), with the remaining 20% of East Timmins owned by Noble Mineral Exploration Inc. (‘Noble’). Texmont is wholly owned by Canada Nickel through the Company’s wholly owned subsidiary, Central Timmins Nickel Company Inc. (‘Central Timmins’). Mark Selby, CEO of Canada Nickel said, ‘We are very pleased with these two new resources and even more excited by the growing scale of the Timmins Nickel District with over 9 million tonnes in each of the Measured & Indicated and Inferred categories. Mann Central is a mineral resource with significant scale and considerable potential for further testing in the future. Texmont, though a smaller target, has delivered strong results with meaningful quantities of higher grade nickel. I look forward to advancing Crawford towards a year-end construction decision and to showcasing the full potential of the Timmins Nickel District, with three additional mineral resource estimates to be published by year-end.’

 

  Mann Central Mineral Resource Estimate  

 

The Mann Central Project is only 23 km east of the Company’s Crawford Nickel Sulphide Project (‘Crawford’) and is more than twice the size of Crawford based on the outline of its geophysical target of 3.1 square kilometres. The area of the geophysical target covered by the Mann Central MRE represents approximately 40% of its total target geophysical area. Mann Central is accessible year-round.

 

For the initial MRE, a total of 12,563 metres of core drilling from 32 drill holes were utilized to calculate the Mann Central mineral resources in two categories as summarized in Table 2. Indicated Mineral Resources total 237 million tonnes grading 0.22% nickel, for a total of 0.52 million tonnes of contained nickel and Inferred Mineral Resources total 537 million tonnes grading 0.21% nickel, for a total of 1.15 million tonnes of contained nickel. The approximate dimensions of the Mann Central MRE are 2.4 kilometres long, up to 700 metres wide, extending to 500 metres deep, and remaining open in all directions. An additional 0.6 – 2.0 billion tonnes grading between 0.19% and 0.20% nickel remain as an Exploration Target, pending further drilling. This Exploration Target is based on core drilling by the Company, the geophysical survey on the Mann Central Project, and the understanding and calculation of the current Mann Central MRE.

 

The Exploration Target was derived by modelling the identified nickel sulphide mineralization within the current estimation envelope but outside of the current MRE area. The volume of the modelled Exploration Target area determines the potential tonnage statement in the Exploration Target. The grade range given in the Exploration Target is determined with consideration to the drill core results within the modelled Exploration Target area, consideration of the geological setting in a well understood nickel deposit type where grades are observed and well understood and based on the experience of the Company and the Qualified Persons. The potential tonnages and grades are conceptual in nature and are based on drill holes and geophysical results that define the approximate length, thickness, depth and grade of the Exploration Target. There has been insufficient exploration to define a current mineral resource and the Company cautions that there is a risk that further exploration will not result in the delineation of a current mineral resource.

 

Drilling at Mann Central was conducted in 2023 and 2024. The 2024 campaign successfully completed the goal of infilling previous sections to allow for the definition of an initial mineral resource estimate, gain understanding on the geology of the deposit, as well as systematically collecting samples for mineralogical analysis.

 

The Mann Central MRE was prepared by Caracle Creek International Consulting Inc. and its sub-consultant L&M  Geociencias, in accordance with CIM Estimation of Mineral Resources & Mineral Reserves Best Practice Guidelines (2019) and CIM Definition Standards for Mineral Resources & Mineral Reserves (2014). A Technical Report in support of the Mineral Resource Estimate will be filed on SEDAR+ (   www.sedarplus.ca   ) within 45 days of this news release.

 

  Table 2. Initial Total Mineral Resource Estimate (in-pit resources) for the Mann Central Nickel Sulphide Deposit.  

 

                                                

 

  Mineral Resource Estimate  

 

    

  Contained Metal  

 
 

  Class  

 

  

  Tonnage
(Mt)  

 

  

  Ni
(%)  

 

  

  Co
(%)  

 

  

  Fe
(%)  

 

  

  Cr
(%)  

 

  

  Pd
(g/t)  

 

  

  Pt
(g/t)  

 

    

  Ni
(kt)  

 

  

  Co
(kt)  

 

  

  Fe
(Mt)  

 

  

  Cr
(kt)  

 

  

  Pd
(koz)  

 

  

  Pt
(koz)  

 
 

  Indicated  

 

  

  236.7  

 

  

  0.22  

 

  

  0.012  

 

  

  6.6  

 

  

  0.34  

 

  

  0.005  

 

  

  0.006  

 

    

  519.5  

 

  

  28.2  

 

  

  15.7  

 

  

  797.9  

 

  

  35.1  

 

  

  47.1  

 
 

  Inferred  

 

  

  543.2  

 

  

  0.21  

 

  

  0.012  

 

  

  6.8  

 

  

  0.30  

 

  

  0.006  

 

  

  0.007  

 

    

  1,150  

 

  

  65.9  

 

  

  37.0  

 

  

  1,628  

 

  

  98.0  

 

  

  129.8  

 

 

  Notes to Table 2:  

 

  1.  

      The independent Qualified Person for the MRE, as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects (‘NI 43-101’), is Dr. Scott Jobin-Bevans (P.Geo., PGO #0183), of Caracle Creek International Consulting Inc. The effective date of the MRE is June 25, 2025.  

     

    2.  

  2.  

      The quantity and grade of reported Inferred Mineral Resources in this MRE are uncertain in nature and there has been insufficient exploration to define these Inferred Mineral Resources as Indicated or Measured. However, it is reasonably expected that the majority of Inferred Mineral Resources could be upgraded to Indicated Mineral Resources with continued exploration.  

     

    3.  

  3.  

      A cut-off grade of 0.10% Ni was used to define potentially economic material for inclusion within the MRE. Cut-offs were determined on the basis of core assay geostatistics and drill core lithologies for the deposit, and by comparison to analogous nickel deposit types.  

     

    4.  

  4.  

      Geological and block models for the MRE used data from a total of 32 surface drill holes, completed by Canada Nickel in 2023 and 2024. The drill hole database was validated prior to resource estimation and QA/QC checks were made   using industry-standard control charts for blanks, core duplicates and commercial certified reference material inserted into assay batches by Canada Nickel and by comparison of umpire assays performed at a second laboratory.  

     

    5.  

  5.  

      Estimates have been rounded to two significant figures.  

     

    6.  

  6.  

      The MRE was prepared following the CIM Estimation of Mineral Resources Mineral Reserves Best Practice Guidelines (November 29, 2019) and the CIM Definition Standards for Mineral Resources Mineral Reserves (May 19, 2014).  

     

    7.  

  7.  

      The geological model as applied to the MRE comprises two mineralized domains hosted by variably serpentinized ultramafic rocks: a relatively higher-grade core (dunite), and a lower grade (peridotite). Individual wireframes were created for each domain in Leapfrog Geo 2024.1 software.  

     

    8.  

  8.  

      A 20 m x 20 m x 15 m block model was created, and samples were composited at 7.5 m intervals. Grade estimation from drill hole data was carried out for Ni, Co, Fe, Cr, S, Pd and Pt using the Ordinary Kriging interpolation method in Isatis 2024.04 software.  

     

    9.  

  9.  

      The MRE has been constrained by a conceptual pit envelope that was developed using the following optimization parameters. Metal prices used were US$21,000/t nickel, US$40,000/t cobalt, US$325/t iron, US$3,860/t chromium, US$1,350/oz palladium, and US$1,150/oz platinum. Different pit slopes were used for each layer (in degrees): 9.5 in overburden, and 40.0 in mineralized rock, and 45 in waste rock. Exchange rate utilized was US$/C$ at $0.76. Mining costs utilized different values for overburden (clay, gravel), and rock mining, ranging from C$1.47 to C$3.00/t mined. Processing costs and general administration costs for a 120 ktpd operation (similar to the ultimate scope of Crawford) were C$8.30/t. Based on the range of grade and ratio of sulphur to nickel, calculated recovery averages 39% for Ni, 10% for Co, 54% for Fe, 29% for Cr, 39% for Pd and 18% for Pd.  

     

    10.  

  10.  

      Grade estimation was validated by comparison of input and output statistics (Nearest Neighbour and Inverse Distance Squared methods), swath plot analysis, cross-plots of declustered samples against the nearest OK estimate, and by visual inspection of the assay data, block model, and grade shells in cross-sections.  

     

    11.  

  11.  

      Density estimation was carried out for the mineralized domains using the Ordinary Kriging interpolation method, based on 1,270 specific gravity measurements collected during the core logging process, using the same block model parameters of the grade estimation. As a reference, the average estimated density value within dunite is 2.66 g/cm   (t/m   ), while the peridotite domain yielded an average of 2.74 g/cm   (t/m   ).  

     

    12.  

  Figure 1. Plan View of Mann Central Resources, Mann Central Nickel Sulphide Project, Ontario.  

 

    
Click Image To View Full Size  

 

  Figure 2. Plan View of the Categorized Mann Central Resources along with %Ni Grade.  

 

    
Click Image To View Full Size  

 

    
Click Image To View Full Size  

 

  Figure 3. Mann Central Nickel Sulphide Project Long-Section (Looking North) of Resource Categories (Upper Image) and %Ni Grade (Lower Image).  

 

    
Click Image To View Full Size  

 

    
Click Image To View Full Size  

 

  Next Steps at Mann Central Nickel Sulphide Project:  

 

  •  

    A technical report with respect to the MRE disclosed today will be filed within 45 days of this news release.

     

    •  

  •  

      Infill drilling at the property will aim to increase and upgrade Inferred Mineral Resources to Indicated Mineral Resources in the next drilling campaign.  

     

    •  

  •  

      Mineralogical and metallurgical analysis will continue to better understand and estimate metal recoveries.  

     

    •  

    Assays, Quality Assurance/Quality Control and Drilling  

 

    Edwin Escarraga, MSc, P.Geo., a ‘Qualified Person’ within the meaning of NI 43-101, is responsible for the on-going drilling and sampling program, including quality assurance (QA) and quality control (QC). The core is collected from the drill in sealed core trays and transported to the secure core logging facility (core shack). The core is marked and sampled at 1.5 metre lengths and cut with a diamond blade saw. One set of samples is transported in secured bags directly from the Canada Nickel core shack to Actlabs Timmins, while a second set of samples is securely shipped to SGS Lakefield for preparation, with analysis performed at SGS Burnaby. All are ISO/IEC 17025 accredited labs and independent of Canada Nickel. Analysis for precious metals (gold, platinum, and palladium) are completed by Fire Assay while analysis for nickel, cobalt, sulphur and other elements are performed using a peroxide fusion and ICP-OES analysis. Certified standards and blanks (QA/QC samples) are inserted at a rate of three QA/QC samples per 20 core samples making a batch of 60 samples that are submitted for analysis.  

 

    Qualified Person and Data Verification  

 

    Stephen J. Balch (P.Geo. – Ontario), VP Exploration of Canada Nickel and a ‘Qualified Person’ within the meaning of NI 43-101, has verified the data disclosed in this news release, and has otherwise reviewed and approved the technical information in this news release on behalf of Canada Nickel Company Inc.  

 

    The magnetic images shown in this news release were created from Canada Nickel’s interpretation of datasets provided by the Ontario Geological Survey.  

 

    About   Canada   Nickel   Company  

 

    Canada Nickel Company Inc. is advancing the next generation of nickel-sulphide projects to deliver nickel   required to feed the high growth electric vehicle and stainless-steel markets. Canada Nickel Company   has applied in multiple jurisdictions to trademark the terms NetZero Nickel   TM   , NetZero Cobalt   TM   , NetZero Iron   TM   and is pursuing the development of processes to allow the production of net zero carbon nickel, cobalt, and iron   products. Canada Nickel provides investors with leverage to nickel in low political risk jurisdictions.   Canada Nickel is currently anchored by its 100% owned flagship Crawford Nickel-Cobalt Sulphide Project in the   heart   of   the   prolific   Timmins-Nickel District.   For   more   information,   please   visit     www.canadanickel.com.    

 

  About Noble Mineral Exploration Inc.  

 

  Noble Mineral Exploration Inc. is a Canadian-based junior exploration company, which has holdings of securities in Canada Nickel Company Inc., Homeland Nickel Inc., East Timmins Nickel Inc.(20%), and its interest in the Holdsworth gold exploration property in the area of Wawa, Ontario.  

 

  Noble holds mineral and/or exploration rights in ~70,000ha in Northern Ontario, ~14,000ha elsewhere in Quebec and Newfoundland, upon which it plans to generate option/joint venture exploration programs   .  

 

  Noble holds mineral rights and/or exploration rights in ~18,000 hectares   in the Timmins-Cochrane areas of Northern Ontario known as Project 81, ~2,215 hectares in Thomas Twp/Timmins, as well as an additional 20% interest in ~38,700 hectares in the Timmins area and ~175 hectares of mining claims in Central Newfoundland. Project 81 hosts diversified drill-ready gold, nickel-cobalt and base metal exploration targets at various stages of exploration. Noble also holds ~4,600 hectares in the Nagagami Carbonatite Complex and its ~3,200 hectares in the   Boulder Project both near Hearst, Ontario, as well as ~3,700 hectares in the Buckingham Graphite Property, ~10,152 hectares in the Havre St Pierre  Nickel, Copper, PGM property, and ~1,573 hectares in the Cere-Villebon Nickel, Copper, PGM property, ~569 hectare Uranium/Rare Earth property (Chateau) and a ~461 hectare Uranium/Molybdenum property (Taser North),  all of which are in the province of Quebec.  

 

  Noble’s common shares trade on the TSX Venture Exchange under the symbol ‘NOB.’  

 

  More detailed information on Noble is available on the website at     www.noblemineralexploration.com     .    

 

  Cautionary Note and Statement Concerning Forward Looking Statements  

 

This press release contains certain information that may constitute ‘forward-looking information’ under applicable Canadian securities legislation.  Forward looking information includes, but is not limited to, the potential of the Mann West Nickel Sulphide Project, timing for filing a technical report in support of the Mineral Resource Estimate, the significance of drill results, the ability to continue drilling, the impact of drilling on the definition of any resource, timing and completion (if at all) of additional mineral resource estimates, the potential of the Timmins Nickel District, strategic plans, including future exploration and development plans and results, and corporate and technical objectives.  Forward-looking information is necessarily based upon several assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking information.  Factors that could affect the outcome include, among  others:  future prices and the supply of metals, the future demand for metals, the results of drilling, inability to raise  the money necessary to incur the expenditures required to retain and advance the property, environmental liabilities  (known  and  unknown), general business, economic, competitive, political and social uncertainties, results of  exploration programs, risks of the mining industry, delays in obtaining governmental approvals, failure to obtain  regulatory or shareholder approvals.  There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information.  Accordingly, readers should not place undue reliance on forward-looking information.  All forward-looking information contained in this press release is given as of the date hereof and is based upon the opinions and estimates of management and information available to management as at the date hereof.  Canada Nickel disclaims any intention or obligation to update or revise any forward-looking information, whether because of new information. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

 

  Contacts:  

 

  H. Vance White, President  

 

  Phone:        416-214-2250  

 

  Fax:        416-367-1954  

 

  Email:     info@noblemineralexploration.com    

 

  Investor Relations  

 

  Email:   ir@noblemineralexploration.com          

 

Copyright (c) 2025 TheNewswire – All rights reserved.

 

 

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Forte Minerals Secures C$5.7 Million Strategic Investment to Advance Alto Ruri Project

Investing 6 Mins Read

 

‘Not for distribution to United States newswire services or for dissemination in the United States.’

 

Forte Minerals Corp . (‘ Forte ‘ or the ‘ Company ‘) ( CSE: CUAU ) ( OTCQB: FOMNF ) ( Frankfurt: 2OA ) is pleased to announce a non-brokered private placement with a strategic investor (the ‘ Investor ‘), who will acquire 6,326,066 common shares at a price of C$0.90 per share for gross proceeds of approximately C$5,693,459 (the ‘ Strategic Placement ‘). Upon closing of the Strategic Placement, the Investor will own 9.99% of Forte’s issued and outstanding common shares on a non-diluted basis, establishing a meaningful long-term position in Forte’s growth and exploration strategy.

 

The C$0.90 offering price reflects a premium to Forte’s current market value, underscoring the Investor’s conviction in the Company’s long-term potential.

 

Patrick Elliott, President and CEO of Forte, commented: ‘This strategic investment marks a significant milestone for the company. It reflects strong conviction in the long-term value of our portfolio and validates the quality of our exploration pipeline. We’re excited to begin what we see as a long-term, collaborative relationship that supports our vision to unlock meaningful copper and gold discoveries in Perú. ‘

 

The proceeds from the Strategic Placement will be primarily used to advance Forte’s Alto Ruri high-sulfidation epithermal gold project in Perú (‘ Alto Ruri ‘), with at least 80% of the funds dedicated to exploration activities at Alto Ruri. The remaining funds will support general working capital and corporate purposes.

 

In connection with the Strategic Placement, Forte and the Investor will enter into an Investor Rights Agreement whereby the Investor is entitled to certain rights, subject to the Investor maintaining certain ownership thresholds in the Company, including technical information sharing rights and the right to participate in future equity financings and top-up its holdings in relation to dilutive issuances in order to maintain its percentage ownership interest in the Company. The Investor has also agreed to voting support and standstill covenants.

 

In addition, under the Investor Rights Agreement the Investor and Forte will:

 

  • form a joint technical advisory committee; and

    •  

  • collaborate on community engagement and long-term access strategies.

    •  

The closing of the Strategic Placement is expected to occur on or around July 23, 2025, subject to regulatory approvals. All shares issued pursuant to the Strategic Placement will be subject to a statutory hold period of four months and one day from the closing date.

 

This investment signals a firm belief in Forte’s vision, technical leadership and the significant long-term value potential of Alto Ruri. This collaboration marks a major step in executing the strategy Forte has been actively advancing; to deliver pipeline projects that fuel the major developers and producers.

 

  ABOUT Forte Minerals CORP.  

 

 Forte Minerals Corp. is an exploration company with a strong portfolio of high-quality copper (Cu) and gold assets (Au) in Perú. Through a strategic partnership with GlobeTrotters Resources Perú S.A.C. , the Company gains access to a rich pipeline of historically drilled, high-impact targets across key mineral belts.

 

Forte is committed to responsible resource development, creating long-term value, and fostering lasting partnerships with stakeholders and communities.

 

  On behalf of   Forte Minerals CORP.  

 

(signed) ‘ Patrick Elliott’  
Chief Executive Officer

 

  For further information, please contact:  
Forte Minerals Corp.
office: (604) 983-8847
info@forteminerals.com  
www.forteminerals.com  

 

   Follow Us On Social Media   : LinkedIn | Instagram | X | Meta | The Drill Down; Newsletter  

 

  Certain statements included in this press release constitute forward-looking information or statements (collectively, ‘forward-looking statements’), including those identified by the expressions ‘anticipate’, ‘believe’, ‘plan’, ‘estimate’, ‘expect’, ‘intend’, ‘may’, ‘should’ and similar expressions to the extent they relate to the Company or its management. The forward-looking statements are not historical facts but reflect current expectations regarding future results or events. This press release contains forward looking statements relating to the terms of the Strategic Placement, the timing for completion of the Strategic Placement and the intended use of proceeds of the Strategic Placement. These forward-looking statements and information reflect management’s current beliefs and are based on assumptions made by and information currently available to the Company with respect to the matter described in this press release. Forward-looking statements involve risks and uncertainties, which are based on current expectations as of the date of this release and subject to known and unknown risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements. Additional information about these assumptions and risks and uncertainties is contained under ‘Risk Factors and Uncertainties’ in the Company’s latest management’s discussion and analysis, which is available under the Company’s SEDAR+ profile at www.sedarplus.ca, and in other filings that the Company has made and may make with applicable securities authorities in the future.  

 

  Forward-looking statements are not a guarantee of future performance and involve risks, uncertainties and assumptions which are difficult to predict. Factors that could cause the actual results to differ materially from those in forward-looking statements include the continued availability of capital and financing, and general economic, market or business conditions. Forward-looking statements contained in this press release are expressly qualified by this cautionary statement. These statements should not be read as guarantees of future performance or results. Such statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from those implied by such statements. Although such statements are based on management’s reasonable assumptions, there can be no assurance that the statements will prove to be accurate or that management’s expectations or estimates of future developments, circumstances or results will materialize. The Company assumes no responsibility to update or revise forward-looking information or statements to reflect new events or circumstances unless required by law. Readers should not place undue reliance on the Company’s forward-looking statements.  

 

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

 

   

 

 

News Provided by GlobeNewswire via QuoteMedia

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Senate GOP blows through 2nd hurdle of the night, teeing up Trump’s clawback bill for hourslong debate

Politics 2 Mins Read

Senate Republicans again coalesced behind President Donald Trump’s multibillion-dollar spending clawback package and propelled the legislation through its final procedural hurdle, again with the aid of Vice President JD Vance. 

Lawmakers will now go back and forth through 10 hours of debate on the bill, where Senate Democrats are expected to bleed time and slam the legislation for its cuts to foreign aid and public broadcasting funding.

Trump’s smaller, $9 billion package passed with nearly all Senate Republicans, while all Senate Democrats voted against it. Sens. Lisa Murkowski, R-Alaska, Susan Collins, R-Maine, and Mitch McConnell, R-Ky., were the only Republicans to vote against the bill. 

Once debate has wrapped up on the bill, lawmakers will go through another vote-a-rama, where an unlimited number of amendments can be offered for the bill by either side of the aisle. Democrats will likely try to sideline or derail the package, while the GOP is expected to offer an amendment that would spare about $400 million in international HIV and AIDS funding from the chopping block.

The carveout for the Bush-era President’s Emergency Plan for AIDS Relief (PEPFAR) was agreed to ahead of the vote and is backed by the White House. Trimming funding from the program rattled some Senate Republicans, who publicly and privately warned they may not support the bill unless a fix was found.

However, slashing the funding cut from the package could prove a tricky sell to the House, where Speaker Mike Johnson, R-La., has called on Senate Republicans to not change the bill.

He’s been joined by fiscal hawks in the House Freedom Caucus, too, who have demanded that the Senate GOP stay the course on the rescissions package and warned that they would have serious issues if changes were made, stopping short of declaring a full-on rebellion against the bill.

Senate Majority Leader John Thune, R-S.D., hoped that his colleagues in the lower chamber would play ball and pass the bill ahead of a looming Friday deadline.

‘There was a lot of interest among our members in doing something on the PEPFAR issue,’ he said ahead of the vote. ‘So, that’s reflected in the substitute, and we hope that if we can get this across the finish line in the Senate that the House will accept that one small modification.’

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Huckabee demands Israel ‘aggressively investigate’ murder of Palestinian-American killed in ‘terrorist act’

Politics 2 Mins Read

The U.S. ambassador to Israel, Mike Huckabee, on Tuesday called on Israeli authorities to ‘aggressively investigate’ the killing of Sayfollah Musallet, a 20-year-old Palestinian-American who was reportedly beaten to death by a gang of extremist settlers in the West Bank village of Sinjil on Friday.

‘We have asked Israel to aggressively investigate the murder of Saif Mussallet, an American citizen who was visiting family in Sinjil when he was beaten to death in the West Bank,’ Huckabee wrote on X. ‘There must be accountability for this criminal and terrorist act. Saif was only 20 years old.’

According to the family, Musallet was visiting the West Bank from Tampa, Florida, to reconnect with relatives and visit family-owned farmland. 

‘This is an unimaginable nightmare and injustice that no family should ever have to face,’ the family said in a statement. ‘We demand the U.S. State Department lead an immediate investigation and hold the Israeli settlers who killed Saif accountable for their crimes.’

Israeli military officials said the confrontation began when Palestinians threw rocks at settlers, lightly injuring two. IDF forces were deployed to the area and used non-lethal crowd control methods, the army said.

So far, no Israeli suspects have been arrested in connection with the killings. Two Israeli minors detained on Friday night for suspected involvement in public disturbances were later released to house arrest. A reserve soldier questioned by the military police over the shooting during the incident was also released.

The Palestinian Health Ministry said Musallet was fatally beaten during an attack by settlers in the area. Another man, 23-year-old Mohammed al-Shalabi, was shot in the chest and also killed during the same incident. 

Sources in the Israeli police told Haaretz newspaper that the lack of an autopsy and the fact that the bodies were not transferred to Israeli authorities may complicate the investigation.

A military court also released Abdullah Hamida, a Palestinian resident arrested during the settler raid, criticizing police conduct. During the hearing, the police representative admitted he was unaware that any Palestinians had been killed, and incorrectly claimed the only wounded were settlers.

The State Department acknowledged awareness of the incident but declined further comment, Reuters reports, citing ‘respect for the privacy of the family and loved ones.’

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Trump’s $9 billion clawback passes first Senate test, while more hurdles await

Politics 3 Mins Read

President Donald Trump’s clawback of billions in funding for foreign aid and public broadcasting narrowly passed through its first hurdle in the Senate, but it still faces a rocky road ahead with dissent among the Senate GOP ranks.

Senate GOP leaders hoped that an agreement to carve out $400 million in global HIV and AIDS prevention funding will get some of the holdouts on board. However, doing so shrank the expected cuts from $9.4 billion to $9 billion.

But a trio of Senate Republicans joined with all Senate Democrats to vote against advancing the bill from the Senate Appropriations Committee, which required Vice President JD Vance to cast the deciding vote. 

Trump’s rescissions package would yank bank congressionally approved funding for foreign aid programs and public broadcasting. But some Senate Republicans have sounded the alarm and want changes made to the bill before it reaches the finish line.

The bill that advanced out of committee Tuesday includes just shy of $8 billion in cuts from the U.S. Agency for International Development (USAID), and over $1 billion from the Corporation for Public Broadcasting (CPB), the government-backed funding arm for NPR and PBS.

Republicans’ successful test vote comes after huddling with Office of Management and Budget Director Russ Vought, who worked to shore up support and apply pressure from the White House to get the ball rolling on the bill.

‘We’re fine with adjustments,’ Vought said. ‘This is still a great package, $9 billion, [it’s] substantially the same package, and the Senate has to work its will.’

While concerns were still raised about other aspects of the spending cuts package during the closed-door meeting, Senate Majority Leader John Thune, R-S.D., believed that carving out the cuts to Bush-era President’s Emergency Plan for AIDS Relief (PEPFAR) helped ease concerns among lawmakers.

But the changes didn’t sway all Senate Republicans. Sen. Lisa Murkowski, R-Alaska, bluntly said ‘no’ when asked if the PEPFAR carveout helped gain her support and argued, ‘I’d like to do some legislating.’ 

‘What a crazy thing, what a crazy thing,’ she said. ‘What have we been doing around here? We did a reconciliation bill. We’re doing a rescissions bill. We’re doing nominations. Nominations are important, but let’s, like, legislate.’

And Sen. Susan Collins, R-Maine, said she liked the changes but ultimately decided to vote against advancing the bill through its first hurdle.

Sen. Mitch McConnell, R-Ky., also joined in to vote against the bill. Fox News Digital reached out to his office for a statement on his decision to vote against the package. 

It now moves to yet another procedural vote, which, if successful, will open up 10 hours of total debate time on the bill and eventually set the stage for a vote-a-rama, where lawmakers on either side of the aisle can offer an unlimited number of amendments to the package.

But, House Speaker Mike Johnson, R-La., made clear that he would prefer the Senate not make any changes to the bill.

However, that request already fell on deaf ears — as it did during the budget reconciliation process that unfolded in the upper chamber last month.

Those demands already have fiscal hawks in the House grumbling, but like the budget reconciliation process before it, an amended rescissions package will likely glide through the House GOP and onto Trump’s desk. 

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‘It’s sort of scary’: Officials flag surprising revelations from deep State Department cuts

Politics 5 Mins Read

When senior State Department officials set out to trim the agency in the ‘biggest reorganization since the Cold War,’ they couldn’t get a total headcount on employees — for months, they say.

‘It took us three months to get a list of the people that actually work in the building,’ one senior State Department official told reporters during a briefing at Foggy Bottom on Monday, defending the job cuts that detractors have claimed will damage U.S. diplomacy. 

‘They couldn’t tell you how many people worked here,’ the official said. ‘It’s sort of scary as a taxpayer and as a public servant to think that we don’t even know how many employees we have. This is a national security agency, you know. Who are these people?’

The reorganization will result in a department with about 3,000 fewer employees. Around half of those took a voluntary buyout, and the other half were given reduction in force (RIF) notices.

 

A handful of Secretary of State Marco Rubio’s closest advisors evaluated over 700 domestic offices within the State Department, submitting RIF (reduction in force) notices to employees in those they found to be ‘duplicative’ or ‘inefficient.’ 

The idea, officials said, was to put a ‘maximum of 12 clearances on any piece of paper,’ meaning documents would go through 12 layers of approval instead ’40, 50 clearances.’

The department had dozens of different offices handling human resources, and when a new employee was hired, they were accepting faxed records on their past work with other agencies. 

‘It’s crazy that a department that’s tasked with so many critical diplomatic, national security functions, with a $50 billion plus budget is running its affairs that way,’ an official said. 

The investigation found three separate offices dealing with sanctions, two handling arms control issues. 

‘Some of these regional offices within this sort of functional civil liberties, civil society, bureaus of democracy, human rights and labor, population, refugees and migration each had their own regional offices in addition to the country desk, regional bureau, construct,’ the official said. ‘Every independent bureau and office had its own executive director, its own HR department, its own payments.We were making payments out of like 60 plus different offices.’

Rubio’s team maintains the reductions focus on nonessential bureaucratic layers while preserving frontline diplomacy. A Supreme Court decision in late June reopened the door for mass federal layoffs after a lower court had blocked the cuts. Legal challenges from unions remain pending, though the reorganization is moving forward. 

The officials shuttered a ‘diplomats in residence’ program, which they determined to be a ‘cushy job.’ 

‘State Department employees are getting paid to go hang out at Georgetown, and sort of recruit for the Foreign Service,’ one official said, ‘without any sort of metrics or accountability.’

They didn’t touch the country desks, those specifically focused on nations like Iran or China, and didn’t fire anyone from passport services or diplomatic security. They did not make cuts at embassies or foreign posts. 

‘We touched the people that are doing these sort of like wasteful, sort of mindboggling functions or places where we found natural efficiencies in combining two offices.’

Critics have warned that cuts to the diplomatic corps could damage U.S. presence globally and cede soft power to China. 

‘A climate change office is not countering China,’ an official shot back. 

The department also shuttered an office that had been tasked with resettling Afghan refugees seeking to flee Talliban rule and culled the Bureau of Population, Refugees & Migration.

‘That office was not doing work that was countering China or serving the national interest,’ the official said. ‘China has overtaken the United States in a number of those countries. So I would argue growth at the State Department has not coincided with a growth of outcomes for the American taxpayer.’ 

In another example, an official told of a Gulf state foreign minister who complained that the Bureau of Democracy, Human Rights and Labor under the Biden administration kept pushing them to unionize foreign workers. 

‘This created huge diplomatic tension with them,’ the official said. ‘That foreign minister was delighted and wants to work with us on shared prosperity and trade agreements that aren’t trying to to be patronizing to other countries about their domestic affairs.’

Still, the process has sparked palpable tension within the department. Employees gathered tearfully in the Foggy Bottom lobby to say goodbye, some displaying signs reading, ‘Diplomacy matters.’ 

Signs with messages like ‘resist fascism’ and ‘you made an impact’ were taped up throughout the department. 

A group of more than 130 former senior officials, including former National Security Advisor Susan Rice, signed an open letter expressing concern that deep staff reductions could endanger U.S. foreign policy effectiveness.

Some have seized on the results of a whittled-down State Department and foreign aid apparatus: A report by The Atlantic found the Trump administration had given an order to incinerate 500 tons of emergency food that had been purchased during the Biden administration as aid to be distributed in Afghanistan and Pakistan. 

‘It’s a little bit of a shame to see people behaving that way. You sort of wonder whether they had any interest in following the president and sort of, upholding their oath to listen to the commands of the people,’ one official said.

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