Breaking
The Investing Box
Archive

2025

Browsing
Investing

Lithium Market Update: Q2 2025 in Review

Investing 7 Mins Read

The second quarter of 2025 brought more downward pressure for lithium prices, as values for lithium carbonate continued to contract, slipping to their lowest level since January 2021.

After starting the year at US$10,484.37 per metric ton, battery-grade lithium carbonate rose to a year-to-date high of US$10,853.85 on January 27. Prices sank through Q1 and most of Q2, bottoming at US$8,329.08 on June 24.

Lithium hydroxide followed a similar trajectory, with Fastmarkets analysts noting an 89 percent drop in prices for battery-grade lithium hydroxide monohydrate between 2022 and 2025.

“The lithium industry is definitely navigating a period of complexity,” said Paul Lusty, head of battery raw materials at Fastmarkets, at Fastmarkets’ Lithium Supply & Battery Raw Materials conference in June.

“We’re facing headwinds, no doubt, and we’re also seeing quite a lot of negative or bearish sentiment widespread in the market, and I think at times, it’s amplified by voices that really overlooked the phenomenal levels of demand that we’re seeing in many aspects of the market.”

However, Lusty explained that despite facing a multi-quarter price slump, lithium’s long-term drivers remain robust, and are primarily driven by what he described as “mega trends.”

“The fundamentals are really still very strong, and these are anchored in some very powerful, mega trends that we see developing within the global economy; the urgent drive for climate change mitigation, the once in a generational shift in the global energy system, and also the rise of energy intensive technologies such as artificial intelligence,” he said.

Chinese expansions behind lithium oversupply

Although the long-term outlook for lithium remains positive, oversupply and market saturation have added headwinds during the first half of 2025. Demand, particularly from the electric vehicle (EV) sector, remains strong, but global lithium mine supply has outpaced it, rising by an estimated 22 percent in 2024 alone.

“We’re forecasting similar year on year increases for both 2025 and 2026 equivalent to around 260,000 tons of additional (lithium carbonate) alone just this year,” explained Fastmarkets’ Lusty.

“Chinese producers have been particularly aggressive in terms of expanding capacity.” Australia, Argentina and Chile are also driving growth alongside emerging producers like Brazil, and several African nations.

According to data from the US Geological Survey, mined supply from China increased 14.85 percent from 35,700 metric tons in 2023 to 41,000 in 2024, however an asterisk notes that the tallies are estimates, and exact numbers may be “withheld to avoid disclosing company proprietary data.”

For Fastmarkets, the total is likely higher.

“China has rapidly expanded its mining footprint, boosting domestic lithium output by 55 percent since 2023 and is on track to surpass Australia as the world’s top producer by 2026,’ said Lusty. “One of the most notable developments has been the rise of African supply that we started to see over the last two years,” said Lusty.

Africa’s emerging role in the lithium sector

The importance of African supply to the future lithium market was also the topic at Claudia Cook’s presentation, ‘The Lithium Market Shift: China’s and Africa’s Role in Redefining Supply.’

During the 20 minute overview Cook explained that China is increasingly looking to African hard-rock lithium supply to provide feedstock for the country’s growing chemical segment.

So much so that by 2030 18 percent of global hard-rock lithium supply will originate from the continent.

Additionally, the continent will see a 170 percent uptick in hard-rock lithium supply output between 2025 and 2035, according to Cook, who attributes the massive expansion to China’s need to diversify its lithium sources due to domestic supply constraints. To facilitate this demand, China has invested heavily in African production.

“In 2025, 79 percent of African output will be China owned,” she said. “That percentage reduces down to 65 percent in 2035 however, with the increase in tonnage, even though there’s a reduction in percentage, there’ll be an almost doubling in terms of how much that’s actually being put out.”

Regionally, Cook pointed to Zimbabwe and Mali as the country’s poised to see the most growth.

In 2025, Zimbabwe alone is expected to account for 70 percent of African lithium supply, though its share is projected to fall to 43 percent by 2035 as new countries come online.

Despite that shift, African output overall is set to rise significantly, with nations like the DRC, Ethiopia, and Namibia expected to begin production by 2035, said Cook.

Lithium demand surges, but prices lag

The rapid increase in supply has pushed prices to multi year lows, levels that are unsustainable and fail to incentivize new production. Despite this demand remains strong and is expected to grow.

According to the US Geological Survey, global consumption of lithium in 2024 was estimated to be 220,000 tons, a 29 percent increase from revised consumption of 170,000 tons in 2023.

Much of the demand story is attributed to soaring global EV sales, which were up 35 percent in Q1. Lithium consumption in this segment is projected to grow 12 percent annually through 2030.

“Globally, electric car sales this year are forecast to surpass about 20 million units in 2025 representing more than a quarter of all cars sold,” said Lusty.

Future lithium demand remains underpinned by deep structural shifts in global energy consumption.

“We’re witnessing extraordinary battery demand tied to the electrification of the global economy and the rise of renewable energy,” said Lustyt, pointing to surging electricity needs and the increasing role of storage solutions.

In 2024, global electricity demand rose by over 4 percent, adding 1,100 terawatt-hours to the grid, more than Japan’s total annual consumption. This marks the largest year-on-year increase outside post-recession rebounds and reflects broad trends such as greater electricity access, the proliferation of energy-intensive appliances, the expansion of artificial intelligence and data centers, and the shift to electric-powered heavy manufacturing.

Notably, 95 percent of future demand growth is expected to be met by renewables like solar and wind, further boosting the need for battery energy storage systems (BESS) to manage intermittency and stabilize grids.

“Batteries are now essential — not just for EVs, but to balance power systems across sectors,” Lusty added.

Data centers, in particular, are becoming a key growth driver. Since 2017, their electricity use has grown 12 percent annually, according to Fastmarkets, with the US seeing half its centers concentrated in five regional hubs.

By 2030, BESS demand from data centers alone could represent a third of the market, with a projected compound annual growth rate of 35 percent over the next five years.

Overall, lithium demand is forecast to grow 12 percent annually through 2030, underpinned by EV adoption, renewable integration, and digitalization. While China currently accounts for 60 percent of global demand, that dominance is expected to wane as other regions scale up.

“The long-term fundamentals remain intact,” he said, “and it’s hard to envision a future where lithium isn’t central to the global economy.”

What’s next for lithium in 2025?

After June saw prices slip to year-to-date lows, lithium saw a brief uptick in early July amid speculation about supply cuts from Australian miners Mineral Resources (ASX:MN,OTC Pink:MALRF) and Liontown Resources (ASX:LTR,OTC Pink:LINRF). However, gains were reversed after the rumors were denied.

In the US, policy uncertainty continues to weigh on sentiment. A rollback of EV tax credits under the Trump administration could spark a short-term sales bump, but longer-term support appears fragile.

New fair competition rules in China, aimed at curbing downstream dumping, have fueled speculation about broader impacts. While upstream effects are unclear, the policy contributed to July’s brief price rise.

“The nascency of the lithium market means that it is prone to be led by sentiment,” wrote Cook in a monthly update.

‘We have especially seen this at play this month as prices ticked up momentarily mainly from rumors of supply cuts, highlighting how twitchy and reactive the market currently is,’ she continued.

‘These rumors have since been denied … However, with healthy inventory levels and continued ramp-up of production, the reported supply cuts, even if they proved true, may not be enough to dip the market into a deficit.”

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

This post appeared first on investingnews.com

Keep Reading
Investing

John Feneck: Gold, Silver, Platinum, Copper — 8 Stocks to Play These Metals

Investing 1 Min Read

John Feneck, portfolio manager and consultant at Feneck Consulting, outlines his latest thoughts on the gold, silver, platinum and copper markets.

With prices on the rise, he encouraged investors to get involved if they aren’t already.

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

This post appeared first on investingnews.com

Keep Reading
Investing

Osisko Metals Gaspé Copper Project Intersects 645 Metres Averaging 0.28% Cu

Investing 20 Mins Read

 

Osisko Metals Incorporated (the ‘ Company ‘ or ‘ Osisko Metals ‘) ( TSX-V: OM ; OTCQX: OMZNF ; FRANKFURT: 0B51 ) is pleased to announce new drill results from the Gaspé Copper Project, located in the Gaspé Peninsula of Eastern Québec.

 

 Osisko Metals Chief Executive Officer Robert Wares commented: ‘ These new results underscore the overall large-scale potential of mineralization at Gaspé Copper, with drill hole 1082 cutting 853 metres of continuous mineralization, including the bottom 424 metres being located immediately below and outside the 2024 MRE model. Furthermore, drill hole 1088 intersected new mineralization 80 metres southwest of the 2024 MRE model, emphasizing the excellent potential for increasing the size of the known deposit at depth and to the south. ‘

 

Significant new analytical results are presented below (see Table 1) and include 35 mineralized intercepts from ten drill holes. Infill intercepts are all located inside the 2024 Mineral Resource Estimate model (‘MRE’, see    November 14, 2024 news release   ), and are focused on upgrading inferred mineral resources to measured or indicated categories, as applicable. Expansion intercepts are all located outside the 2024 MRE model and may potentially lead to additional resources that will be classified appropriately within the next MRE update. Some of the reported intercepts have contiguous shallower infill as well as deeper expansion (noted on Table 1 below as ‘Both**’). Maps showing hole locations are available at www.osiskometals.com .

 

 

 

 

 

   Highlights:   

 

  • Drill hole 30-1082
    •   853.5 metres averaging 0.20% Cu (infill and expansion)

      •  

    •   147.5 metres averaging 0.19% Cu (infill)

      •  

    •  

  • Drill hole 30-1089
    •   645.0 metres averaging 0.28% Cu (infill and expansion)

      •  

    •   91.5 metres averaging 0.21% Cu (infill)

      •  

    •  

  • Drill hole 30-1083
    •   427.5 metres averaging 0.26% Cu (infill and expansion)

      •  

    •   153 metres averaging 0.18% Cu (infill)

      •  

    •  

  • Drill hole 30-0974
    •   351.0 metres averaging 0.20% Cu (expansion)

      •  

    •   295.5 metres averaging 0.29% Cu (infill)

      •  

    •  

  • Drill hole 30-1087
    •   334.5 metres averaging 0.23% Cu (infill)

      •  

    •   74.5 metres averaging 0.62% Cu (expansion)

      •  

    •  

  • Drill hole 30-1094
    •   227.5 metres averaging 0.26% Cu (infill)

      •  

    •   49.9 metres averaging 0.24% Cu (expansion)

      •  

    •  

  • Drill hole 30-1088
    •   122.7 metres averaging 0.24% Cu (expansion)

      •  

    •   79.5 metres averaging 0.31% Cu (expansion)

      •  

    •  

  • Drill hole 30-1091
    •   42.6 metres averaging 1.14% Cu (expansion)

      •  

    •   210 metres averaging 0.21% Cu (infill)

      •  

    •  

  Table 1: Infill and Expansion Drilling Results  

 

                                                                                                                                                                                                                                                                                                                                                                                                   

  DDH No.     From (m)     To (m)     Length (m)     Cu %     Ag g/t     Mo %     CuEq*     Type  
  30-0974     6.0     301.5     295.5     0.29     1.88        0.30     Infill  
  And     322.5     673.5     351.0     0.20     1.72     0.017     0.27     Expansion  
  And     733.5     781.5     48.0     0.32     2.00        0.33   Expansion
  30-1082     21.0     69.0     48.0     0.19     1.46        0.20   Infill
  And     112.0     259.5     147.5     0.19     1.86        0.20     Infill  
  And     286.5     1140.0     853.5     0.20     1.43     0.023     0.30     Both**  
  (including)     286.5     716.0     429.5     0.20     1.52     0.020     0.28     Infill  
  (including)     716.0     1140.0     424.0     0.21     1.33     0.026     0.32     Expansion  
  30-1083     65.0     101.0     36.0     0.22     1.78        0.23   Infill
  And     138.0     174.0     36.0     0.15     1.66        0.16   Infill
  And     202.5     355.5     153.0     0.18     1.56     0.011     0.31     Infill  
  And     388.5     816.0     427.5     0.26     1.54     0.021     0.35     Both**  
  (including)     388.5     488.0     99.5     0.31     1.90     0.025     0.42     Infill  
  (including)     488.0     816.0     328.0     0.24     1.43     0.020     0.32     Expansion  
  And     846.0     900.0     55.5     0.16     1.34     0.006     0.19   Expansion
  30-1087     13.8     54.0     40.2     0.17     1.82        0.18   Infill
  And     78.0     412.4     334.5     0.23     1.93     0.011     0.28     Infill  
  And     447.0     521.5     74.5     0.62     3.19     0.004     0.65   Expansion
  And     550.2     598.5     48.3     0.36     2.83     0.013     0.43   Expansion
  30-1088     69.0     111.0     42.0     0.32     2.20        0.33   Expansion
  And     139.5     262.2     122.7     0.24     2.63        0.25     Expansion  
  And     445.0     524.3     79.5     0.31     2.19     0.005     0.34   Expansion
  30-1089     5.2     96.0     91.5     0.21     1.54        0.22   Infill
  And     211.5     235.5     25.5     0.13     1.54     0.006     0.14   Infill
  And     268.5     294.0     27.0     0.16     1.54        0.14   Infill
  And     319.5     964.5     645.0     0.28     1.46     0.023     0.37     Both**  
  (including)     319.5     567.8     248.3     0.26     1.65     0.023     0.36     Infill  
  (including)     567.8     964.5     396.7     0.30     1.34     0.023     0.40     Expansion  
  30-1091     5.5     28.5     23.0     0.50     6.62        0.54   Infill
  And     109.5     135.0     25.5     0.13     1.35        0.14   Infill
  And     169.5     379.5     210.0     0.21     2.10        0.22     Infill  
  And     408.0     446.0     38.0     0.22     1.50     0.013     0.28   Expansion
  And     540.4     583.0     42.6     1.14     5.86     0.009     1.20   Expansion
  30-1093     14.0     126.0     112.0     0.25     2.73        0.26     Infill  
  And     346.0     373.5     27.5     0.13     1.19        0.14   Expansion
  And     576.5     643.5     67.0     0.20     2.13        0.21   Expansion
  And     714.8     738.7     23.9     0.50     4.57        0.53   Expansion
  And     811.5     834.4     22.9     0.48     5.40        0.51   Expansion
  30-1094     8.0     235.5     227.5     0.26     2.11        0.27     Infill  
  And     268.5     325.5     57.0     0.13     1.33     0.020     0.21   Infill
  And     388.5     414.5     26.0     0.49     3.00     0.008     0.54   Expansion
  And     511.1     561.0     49.9     0.24     1.99        0.25   Expansion

 

  * Please see explanatory notes below on copper equivalent values and Quality Assurance / Quality Control.  
** ‘Both’ indicates these drill holes have   contiguous shallower infill as well as deeper expansion intercepts.  

 

  Discussion  

 

Drill hole 30-0974 was an extension of a shallow (300 m) hole drilled in 2019, located near the southwestern margin of the 2024 MRE model. It returned 295.5 metres averaging 0.29% Cu and 1.88 g/t Ag (infill) followed by a second intercept of 351.2 metres averaging 0.20% Cu and 1.72 g/t Ag (expansion) and a third deeper intercept of 48.0 metres averaging 0.32% Cu and 2.00 g/t Ag (expansion), extending mineralization to a vertical depth of 780 metres.

 

Drill hole 30-1082, located on top of Copper Mountain near the central part of the 2024 MRE model, intersected 48.0 metres averaging 0.19% Cu and 1.46 g/t Ag (infill), followed by a second intercept of 147.5 metres averaging 0.19% Cu and 1.86 g/t Ag (infill), followed by a third deeper intercept of 853.5 metres averaging 0.20% Cu, 1.43 g/t Ag and 0.023% Mo. The latter incudes an expansion lower intercept, below the base of the 2024 MRE model, of 424.0 metres averaging 0.21% Cu, 1.33 g/t Ag and 0.026% Mo. This hole extends mineralization near the centre of the deposit to a vertical depth of 1140 metres.

 

Drill hole 30-1083, located in the south-central part of the 2024 MRE model, intersected two short 36 metre-long mineralized zones followed by 153.0 metres averaging 0.18% Cu and 1.56 g/t Ag (infill), followed by a deeper intercept of 427.5 metres averaging 0.26% Cu, 1.54 g/t Ag and 0.021% Mo. The latter incudes an expansion lower intercept, below the base of the 2024 MRE model, of 328.0 metres averaging 0.24% Cu, 1.43 g/t Ag and 0.020% Mo. This was followed by a final intercept of 55.5 metres averaging 0.16% Cu and 1.34 g/t Ag. This hole extends mineralization to a vertical depth of 900 metres.

 

Drill hole 30-1087, located in the south-central part of the 2024 MRE model, intersected a short 40 metre-long mineralized zone followed by 334.5 metres averaging 0.23% Cu, 1.93 g/t Ag and 0.011% Mo (infill). This was followed by 74.5 metres averaging 0.62% Cu and 3.19 g/t Ag and then by another 48.3 metres averaging 0.36% Cu and 2.83 g/t Ag (both expansion), extending mineralization to a vertical depth of 598 metres.

 

Drill hole 30-1088, located 80 metres outside the southwestern limit of the 2024 MRE model, intersected 42.0 metres averaging 0.32% Cu and 2.20 g/t Ag followed by 122.7 metres averaging 0.24% Cu and 2.63 g/t Ag. A third intersection at depth comprised 79.5 metres averaging 0.31% Cu and 2.19 g/t Ag (all expansion). Previously undocumented mineralization in this sector reached a vertical depth of 524 metres.

 

Drill hole 30-1089, located in the south-central part of the 2024 MRE model, intersected 91.5 metres averaging 0.21% Cu and 1.54 g/t Ag (infill), followed by two short 26 to 27 metre-long mineralized zones, followed by 645.0 metres averaging 0.28% Cu, 1.46 g/t Ag and 0.023% Mo. The latter incudes an expansion lower intercept, below the base of the 2024 MRE model, of 396.7 metres averaging 0.30% Cu, 1.34 g/t Ag and 0.023% Mo. This hole extends mineralization to a vertical depth of 965 metres.

 

Drill hole 30-1091, located in the southeastern part of the 2024 MRE model, intersected two short 23 to 26 metre-long mineralized zones, followed by 210.0 metres averaging 0.21% Cu and 2.10 g/t Ag (infill). This was followed by 38.0 metres averaging 0.22% Cu and 1.50 g/t Ag and then by another 42.6 metres averaging 1.14% Cu and 5.86 g/t Ag (both expansion), extending mineralization to a vertical depth of 583 metres where the hole was stopped in an open stope of historical E Zone mining operations.

 

Drill hole 30-1093, located near the southeastern margin of the 2024 MRE model, intersected 112.0 metres averaging 0.25% Cu and 2.73 g/t Ag (infill), followed by four short 23 to 67 metre-long mineralized zones (all expansion), which extended mineralization to a vertical depth of 834 metres.

 

Drill hole 30-1094, located near the southern limit of the 2024 MRE model, intersected 227.5 metres averaging 0.26% Cu and 2.11 g/t Ag (infill), followed by 57.0 metres averaging 0.13% Cu and 1.33 g/t Ag (infill), followed by two short 26 to 50 metre-long mineralized zones (both expansion), which extended mineralization to a vertical depth of 561 metres.

 

Mineralization occurs as disseminations and stockworks of chalcopyrite with pyrite or pyrrhotite and minor bornite and molybdenite. At least five retrograde vein/stockwork mineralizing events have been recognized at Copper Mountain, which overprint earlier prograde skarn and porcellanite-hosted mineralization throughout the Gaspé Copper system. Porcellanite is a historical mining term used to describe bleached, pale green to white potassic-altered hornfels. Subvertical stockwork mineralization dominates at Copper Mountain whereas prograde bedded replacement mineralization, which is mostly stratigraphically controlled, dominates in the area of Needle Mountain, Needle East and Copper Brook. High molybdenum grades (up to 0.5% Mo) were locally obtained in both the C Zone and E Zone skarns away from Copper Mountain.

 

The 2022 to 2024 Osisko Metals drill programs were focused on defining open-pit resources within the Copper Mountain stockwork mineralization ( see    May 6, 2024 MRE press release   ). Extending the resource model south of Copper Mountain into the poorly-drilled prograde skarn/porcellanite portion of the system subsequently led to a significantly increased resource, mostly in the Inferred category ( see    November 14, 2024 MRE press release   ).

 

The current drill program is designed to convert of the November 2024 MRE to Measured and Indicated categories, as well as test the expansion of the system deeper into the stratigraphy and laterally to the south and southwest towards Needle East and Needle Mountain respectively. The November 2024 MRE was limited at depth to the base of the L1 skarn horizon (C Zone), and all mineralized intersections below this horizon represent potential depth extensions to the deposit, to be included in the next scheduled MRE update in Q1 2026.

 

All holes are being drilled sub-vertically into the altered calcareous stratigraphy which dips 20 to 25 degrees to the north. The L1 (C Zone) and the L2 (E Zone) skarn/marble horizons were intersected in most holes, as well as intervening porcellanites that host the bulk of the disseminated copper mineralization.

 

  Table 2: Drill hole locations  

 

                                                                      

  DDH No.     Azimuth (°)     Dip (°)     Length (m)     UTM E     UTM N     Elevation  
30-0974 42 -88 501.0 316178.9 5425842.2 585.3
30-1082 0 -90 1161.0 316097.0 5426259.0 754.8
30-1083 0 -90 930.0 316300.0 5426004.9 642.3
30-1087 0 -90 770.5 316411.0 5425787.0 583.7
30-1088 0 -90 654.0 316100.0 5425613.0 570.6
30-1089 0 -90 1032.0 316273.8 5426098.5 686.9
30-1091 0 -90 583.0 316500.0 5425897.0 608.1
30-1093 0 -90 849.0 316687.0 5425707.0 577.5
30-1094 0 -90 720.0 316178.9 5425842.2 720.0

 

   
Explanatory note regarding copper-equivalent grades   

 

  Copper Equivalent grades are expressed for purposes of simplicity and are calculated taking into account: 1) metal grades; 2) estimated long-term prices of metals: US$4.25/lb copper, $20.00/lb molybdenum and US$24/oz silver; 3) estimated recoveries of 92%, 70% and 70% for Cu, Mo and Ag respectively; and 4) net smelter return value of metals as percentage of the price, estimated at 86.5%, 90.7% and 75.0% for Cu, Mo and Ag respectively.  

 

   Qualified Person   

 

  The scientific and technical content of this news release has been reviewed, prepared, and approved by Mr. Bernard-Olivier Martel, P. Geo. (OGQ 492), an independent ‘qualified person’ as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects (‘NI 43-101’).  

 

   Quality Assurance / Quality Control   

 

  Mineralized intervals reported herein are calculated using an average 0.12% CuEq lower cut-off over contiguous 20-metre intersections (shorter intervals as the case may be at the upper and lower limits of reported intervals). Intervals of 20 metres or less are reported unless indicating significantly higher grades . True widths are estimated at 90 – 92% of the reported core length intervals.

 

  Osisko Metals adheres to a strict QA/QC program for core handling, sampling, sample transportation and analyses, including insertion of blanks and standards in the sample stream. Drill core is drilled in HQ or NQ diameter and securely transported to its core processing facility on site, where it is logged, cut and sampled. Samples selected for assay are sealed and shipped to ALS Canada Ltd.’s preparation facility in Sudbury. Sample preparation details (code PREP-31DH) are available on the ALS Canada website. Pulps are analyzed at the   ALS   Canada   Ltd.   facility   in   North   Vancouver,   BC.   All   samples   are   analyzed   by   four   acid   digestion followed by both ICP-AES and ICP-MS for Cu, Mo and Ag.  

 

   About Osisko Metals   

 

  Osisko Metals Incorporated is a Canadian exploration and development company creating value in the critical metals sector, with a focus on copper and zinc. The Company acquired a 100% interest in the past-producing Gaspé Copper mine from Glencore Canada Corporation in July 2023. The Gaspé Copper mine is located near Murdochville in Québec   ‘   s Gaspé Peninsula. The Company is currently focused on resource expansion of the Gaspé Copper system, with current    Indicated Mineral Resources of     824 Mt averaging 0.34% CuEq and Inferred Mineral Resources of 670 Mt averaging 0.38% CuEq    (in compliance with NI 43-101). For more information, see Osisko Metals’ November 14, 2024 news release entitled ‘Osisko Metals Announces Significant Increase in Mineral Resource at Gaspé Copper’. Gaspé Copper hosts the largest undeveloped copper resource in eastern North America, strategically located near existing infrastructure in the mining-friendly province of Québec.  

 

  In addition to the Gaspé Copper project, the Company is working with Appian Capital Advisory LLP through the Pine Point Mining Limited joint venture to advance one of Canada   ‘   s largest past-producing zinc mining camps, the Pine Point project, located in the Northwest Territories. The current mineral resource estimate for the Pine Point project consists of    Indicated Mineral Resources of 49.5 Mt averaging 5.52% ZnEq and Inferred Mineral Resources of 8.3 Mt averaging 5.64% ZnEq    (in compliance with NI 43-101). For more information, see Osisko Metals   ‘   June 25, 2024 news release entitled ‘Osisko Metals releases Pine Point mineral resource estimate: 49.5 million tonnes of indicated resources at 5.52% ZnEq’. The Pine Point project is located on the south shore of Great Slave Lake, NWT, close to infrastructure, with paved road access, an electrical substation and 100 kilometers of viable haul roads.  

 

  For further information on this news release, visit    www.osiskometals.com    or contact:  

 

Don Njegovan, President
Email: info@osiskometals.com  
Phone: (416) 500-4129

 

   Cautionary Statement on Forward-Looking Information   

 

  This news release contains ‘forward-looking information’ within the meaning of applicable Canadian securities legislation based on expectations, estimates and projections as at the date of this news release. Any statement that involves predictions, expectations, interpretations, beliefs, plans, projections, objectives, assumptions, future events or performance (often, but not always, using phrases such as ‘expects’, or ‘does not expect’, ‘is expected’, ‘interpreted’, ‘management’s view’, ‘anticipates’ or ‘does not anticipate’, ‘plans’, ‘budget’, ‘scheduled’, ‘forecasts’, ‘estimates’, ‘potential’, ‘feasibility’, ‘believes’ or ‘intends’ or variations of such words and phrases or stating that certain actions, events or results ‘may’ or ‘could’, ‘would’, ‘might’ or ‘will’ be taken, occur or be achieved) are not statements of historical fact and may be forward-looking information and are intended to identify forward-looking information. This news release contains forward-looking information pertaining to, among other things: the tax treatment of the FT Units; the timing of incurring the Qualifying Expenditures and the renunciation of the Qualifying Expenditures; the ability to advance Gaspé Copper to a construction decision (if at all); the ability to increase the Company’s trading liquidity and enhance its capital markets presence; the potential re-rating of the Company; the ability for the Company to unlock the full potential of its assets and achieve success; the ability for the Company to create value for its shareholders; the advancement of the Pine Point project; the anticipated resource expansion of the Gaspé Copper system and Gaspé Copper hosting the largest undeveloped copper resource in eastern North America.  

 

  Forward-looking information is not a guarantee of future performance and is based upon a number of estimates and assumptions of management, in light of management’s experience and perception of trends, current conditions and expected developments, as well as other factors that management believes to be relevant and reasonable in the circumstances, including, without limitation, assumptions about: the ability of exploration results, including drilling, to accurately predict mineralization; errors in geological modelling; insufficient data; equity and debt capital markets; future spot prices of copper and zinc; the timing and results of exploration and drilling programs; the accuracy of mineral resource estimates; production costs; political and regulatory stability; the receipt of governmental and third party approvals; licenses and permits being received on favourable terms; sustained labour stability; stability in financial and capital markets; availability of mining equipment and positive relations with local communities and groups. Forward-looking information involves risks, uncertainties and other factors that could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information. Factors that could cause actual results to differ materially from such forward-looking information are set out in the Company’s public disclosure record on SEDAR+ (www.sedarplus.ca) under Osisko Metals’ issuer profile. Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. The Company disclaims any intention or obligation to update or revise any forward- looking information, whether as a result of new information, future events or otherwise, other than as required by law.  

 

   Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this news release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.   

 

Photos accompanying this announcement are available at:
https://www.globenewswire.com/NewsRoom/AttachmentNg/0b33977a-2c63-4bf2-9cdb-d5d703b082d3
  https://www.globenewswire.com/NewsRoom/AttachmentNg/9434cd6c-7d6f-458a-9439-d1eb4e66a5a1  

 

   

 

 

News Provided by GlobeNewswire via QuoteMedia

This post appeared first on investingnews.com

Keep Reading
Investing

Nuvau’s Gold-Focused Exploration Program Underway at Matagami

Investing 7 Mins Read

Visible gold found in first hole—assays are pending

Nuvau Minerals Inc. (TSXV: NMC) has launched its gold-focused exploration program at its Matagami Property where the first hole drilled intersected what appears to be an orogenic lode gold system close to the Bracemac McLeod Mine in Matagami. Assays are pending after Nuvau intersected visible gold in a structure intersected in the first hole.

‘We are extremely encouraged by the success of the initial hole of our maiden gold focused diamond drill program on this 1,300 square kilometre land package,’ said Peter Van Alphen, Nuvau’s CEO. ‘The footwall rock units where this new vein intercept occurs is in a largely untested part of the property, in an area not deemed favourable for base metal mineralization. In addition, this mineralized zone is located less than 25 metres from the mine access ramp at the permitted Bracemac McLeod Mine.’

The steeply dipping, strong shear zone structure with quartz veining mineralized with pyrite and locally visible gold was intersected at a depth of approximately 200 metres below surface. Although it is within the footwall stratigraphy of the past-producing Bracemac McLeod mine, the area has seen very little drilling in the past as it was not of interest for VMS type exploration. Planning is underway for the follow up drilling which is expected to begin within the next two weeks.

Figure 1: Past producing Bracemac McLeod Mine and relative position of gold target drilled

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/11236/259588_cc65433c14d5ab64_001full.jpg

Figure 2: Visible gold found in more than 30 gold chips identified in logging the core

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/11236/259588_cc65433c14d5ab64_002full.jpg

The Matagami Property has hosted numerous base metal mines over the last 60 years. However previous owners never applied a gold-focused exploration program to this large-scale property even though it is strategically located in the Abitibi geological sub-province.

The Property is located in the Abitibi Region of Quebec, one of the world’s most productive gold districts. It includes Canada’s largest gold producing mine with the country’s largest gold mineral reserves: the Detour Lake Mine. Detour Lake is owned by Agnico Eagle Mines Limited, located west of the Matagami Property. The Casa Berardi Mine, which has produced over 3 million ounces of gold, is also located to the just southwest of the Matagami Property. (See Figure 3, below.)

Figure 3: Property Location

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/11236/259588_cc65433c14d5ab64_003full.jpg

Gold Exploration work: background
Since satisfying the spending requirement associated with the earn-in agreement with Glencore, Nuvau has begun working on unlocking the overlooked gold potential of this vast, 1,300 square kilometre Matagami property.

This work includes compilation of historic data, overburden till sampling, a detailed high-resolution drone airborne magnetic (MAG) survey, and now diamond drilling. The sonic (till) drill program discovered a significant gold grain anomaly in the central portion of the Property (see Nuvau Press Release, March 4, 2025) that will be subject to follow up drilling in the upcoming winter drill program. Compilation of historic data in the vicinity of the base metal mines on the main ‘mine trend’ identified numerous areas where gold mineralization had been intersected, however no follow-up work was ever completed.

About Nuvau Minerals Inc.
Nuvau is a Canadian mining company focused on the Abitibi Region of mine-friendly Québec. Nuvau’s principal asset is the Matagami Property that is host to significant existing processing infrastructure and multiple mineral deposits and is being acquired from Glencore.

Qualified Person and Quality Assurance
Bastien Fresia P. Geo. (Qc), Technical Services Director of Nuvau and a ‘qualified person’ as is defined by National Instrument 43-101, has verified the scientific and technical data disclosed in this news release, and has otherwise reviewed and approved the scientific and technical information in this news release.

Drill core samples are sawn by staff technicians to create half core splits. One split is retained in the drill core box for archival purposes with a sample tag affixed at each sample interval and the other split is placed in a labelled plastic bag along with a corresponding sample number tag and placed in the shipment queue.

Quality control samples including blind certified reference material (‘CRM’), blank material, and core duplicates are inserted at a frequency of 1 in every 20 samples and sample batches of up to 60 samples were then shipped directly by Nuvau personnel to the ALS Canada Ltd. preparation laboratory in Rouyn-Noranda, Québec.

All submitted core samples are crushed in full to 95 % passing less than 2 mm (ALS code CRU-32). A 1000-gram sample was then riffled split from the crushed material and pulverized to 90 % passing 75 μm (SPL-22 and PUL-32a). Pulps are shipped from the preparation laboratory to ALS Canada Ltd.’s analytical lab in North Vancouver, British Columbia, for assay.

Lead, silver, copper and zinc analyses were determined by ore grade four acid digestion with an inductively coupled plasma atomic emission spectroscopy (‘ICP-AES’) or atomic absorption spectroscopy (‘AAS’) finish (ALS codes Pb-OG62, Ag-OG62, Cu-OG62 and ZnOG62), whereas gold was determined by 50 g fire assay analysis with an AAS finish (code Au-AA23).

ALS Canada Ltd. is an accredited, independent commercial analytical firm registered to ISO/IEC 17025:2017 and ISO 9001:2015.

For further information please contact:
Nuvau Minerals Inc.
Peter van Alphen
President and CEO
Telephone: 416-525-6023
Email: pvanalphen@nuvauminerals.com

Cautionary Statements
This news release contains forward-looking statements and forward-looking information (collectively, ‘forward-looking statements’) within the meaning of applicable securities laws. Any statements that are contained in this news release that are not statements of historical fact may be deemed to be forward-looking statements. Forward-looking statements are often identified by terms such as ‘may’, ‘should’, ‘anticipate’, ‘will’, ‘estimates’, ‘believes’, ‘intends’ ‘expects’ and similar expressions which are intended to identify forward-looking statements. More particularly and without limitation, this news release contains forward-looking statements concerning drill results relating to the Matagami Property, the results of the PEA, the potential of the Matagami Property, the timing and commencement of any production, the restart of the Bracemac-McLeod Mine, the completion of the earn-in of the Matagami Property and the timing and completion of any technical studies, feasibility studies or economic analyses. Forward-looking statements are inherently uncertain, and the actual performance may be affected by a number of material factors, assumptions and expectations, many of which are beyond the control of the Company, including expectations and assumptions concerning the Company and the Matagami Property. Readers are cautioned that assumptions used in the preparation of any forward-looking statements may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company. Readers are further cautioned not to place undue reliance on any forward-looking statements, as such information, although considered reasonable by the management of the Company at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated.

The forward-looking statements contained in this news release are made as of the date of this news release, and are expressly qualified by the foregoing cautionary statement. Except as expressly required by securities law, neither the Company nor Nuvau undertakes any obligation to update publicly or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/259588

News Provided by Newsfile via QuoteMedia

This post appeared first on investingnews.com

Keep Reading
Stock

The Real Drivers of This Market: AI, Semis & Robotics

Stock 1 Min Read

In this video, Mary Ellen spotlights the areas driving market momentum following Taiwan Semiconductor’s record-breaking earnings report. She analyzes continued strength in semiconductors, utilities, industrials, and AI-driven sectors, plus highlights new leadership in robotics and innovation-focused ETFs like ARK. From there, Mary Ellen breaks down weakness in health care and housing stocks, shows how to refine trade entries using hourly charts, and compares today’s rally to past market surges. Watch as she explores setups in silver and examines individual stocks like Nvidia, BlackRock, and State Street.

This video originally premiered on July 18, 2025. You can watch it on our dedicated page for Mary Ellen’s videos.

New videos from Mary Ellen premiere weekly on Fridays. You can view all previously recorded episodes at this link.

If you’re looking for stocks to invest in, be sure to check out the MEM Edge Report! This report gives you detailed information on the top sectors, industries and stocks so you can make informed investment decisions.

Keep Reading
Investing

US Slaps 93.5 Percent Tariff on Chinese Graphite

Investing 5 Mins Read

The US government has imposed a 93.5 percent anti-dumping tariff on battery-grade graphite imports from China, targeting what officials have described as unfairly low-priced shipments.

They claim domestic producers have been undercut, and have cited concerns over critical minerals dependence.

The US Department of Commerce announced the duty on Thursday (July 17) after an investigation prompted by from US manufacturers, who argued that Chinese producers were flooding the market with underpriced graphite.

The new duty, when combined with existing countervailing tariffs, raises the total effective rate to around 160 percent, according to the American Active Anode Material Producers (AAAMP), the coalition that filed the complaint.

The move affects roughly US$347 million worth of Chinese graphite imports, according to commerce department estimates, and comes as US policymakers scramble to secure critical mineral supply chains.

“Commerce’s determination proves that China is selling [active anode material] at less than fair value into the domestic market,” Erik Olson, a spokesperson for AAAMP, said in a Thursday press release.

The department said final rulings on both anti-dumping and anti-subsidy investigations will be announced by December 5.

A separate ruling in May placed a 6.55 percent preliminary countervailing duty on most Chinese producers, but singled out Huzhou Kaijin New Energy Technology and Shanghai Shaosheng for exceptionally high rates — 712.03 percent and 721.03 percent, respectively.

Graphite’s importance draws new scrutiny

While graphite rarely draws headlines like lithium or cobalt, it comprises up to 50 kilograms of every electric vehicle (EV) battery, forming the anode — a component as essential as the more widely discussed cathode.

China accounts for roughly 95 percent of global anode production, according to data from SNE Research.

Imports from China represented two-thirds of the 180,000 metric tons (MT) of graphite products shipped to the US in 2023, BloombergNEF data shows. Industry analysts say the new duties could significantly reshape market economics — especially for foreign battery suppliers that serve US automakers.

Supporters of the decision, including domestic producers and some lawmakers, argue the tariffs are a long-overdue corrective measure to level the playing field and stimulate US production.

“The decision today underscores the strategic importance of building a domestic supply chain for critical minerals, including synthetic graphite, in North America,” said Michael O’Kronley. “It affirms our business strategy as well as the diversification strategy of our customers to source critical battery materials and components locally.’

O’Kronley is CEO of Novonix (ASX:NVX,NASDAQ:NVNXF), which is building one of the largest synthetic graphite facilities in North America with support from a US$750 million US Department of Energy loan.

Westwater Resources (NYSEAMERICAN:WWR), which is constructing a graphite plant in Alabama, said the ruling provides the policy clarity and market signals needed to accelerate domestic graphite production.

“These two rulings by the DOC are distinct from legislative-driven global trade tariffs,” said Chief Commercial Officer Jon Jacobs in a statement of support. “They reflect long-term support for US-based graphite production.”

The company expects to produce 12,500 MT of graphite in 2026 and ramp up to 50,000 MT annually by 2028.

Despite efforts to boost local production, US automakers and battery makers warn that domestic graphite supply remains years away from meeting commercial demand — either in scale or purity.

In filings with the commerce department, Tesla (NASDAQ:TSLA) cautioned that US producers have yet to demonstrate the technical ability to deliver the quality needed for EV batteries. Panasonic (OTC Pink:PCRFF,TSE:6752) echoed similar concerns, and both companies opposed the tariff earlier this year.

This leaves companies with a difficult choice: pay sharply higher prices for Chinese imports or risk shortages from an unproven local market.

Trade frictions add to supply chain strain

The timing complicates matters further. Just days before the US tariff announcement, China finalized new export controls on key battery technologies, including those used in lithium iron phosphate (LFP) cells — an area where China leads globally. The combination of trade restrictions on both sides is stoking fears of a wider resource standoff.

For US automakers, the downstream pressure is immediate. The tariff could wipe out up to 20 percent of the value of production tax credits under the Inflation Reduction Act, while added import costs may ripple through the supply chain.

Higher battery costs could also push EV sticker prices further upward, straining affordability and slowing adoption.

But experts caution that breaking China’s dominance in graphite will not be quick or easy. According to the International Energy Agency, developing alternative supply chains for battery materials could take years, if not decades — especially given the high purity and consistency required in EV-grade materials.

Still, supporters argue the short-term pain is worth the strategic payoff. “It’s a very strong signal that they are intent on fostering an ex-China supply chain,” Ben Lyons of Jarden told the Financial Times.

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

This post appeared first on investingnews.com

Keep Reading
Investing

Shanghai Platinum Week Showcases China’s Dominance in Global PGMs Demand

Investing 3 Mins Read

China is solidifying its position as the primary engine for global platinum demand

Record participation in Shanghai Platinum Week underscores the country’s expanding influence in a market facing a deepening supply deficit. The event, which attracted over 590 delegates from 30 countries, took place at a critical moment — just as the platinum market is tightening and a supply shortfall is deepening through 2029.

The World Platinum Investment Council (WPIC) notes that China now accounts for 64 percent of global demand for platinum bars and coins — up from 11 percent in 2019 — driven largely by investors seeking alternatives to gold.

“Platinum demand in China is continuing to expand, as the growth in physical platinum investment we are currently witnessing demonstrates,” said WPIC CEO Trevor Raymond, who also warned of persistent market tightness to 2029.

Also during the event, Valterra Platinum (JSE:VAL) CEO Craig Miller delivered his first public address in Asia since the company’s high-profile demerger from Anglo American (LSE:AAL,OTCQX:AAUKF) in May.

Miller confirmed Shanghai as one of Valterra’s three new international marketing hubs, emphasizing the company’s intent to shape demand within China’s growing platinum-group metals (PGMs) ecosystem.

“Attending Shanghai Platinum Week has highlighted its value for connecting with the PGM market in China,” he said. “Shaping demand for PGMs through market development remains an integral part of our strategy.”

Although new tariffs are expected to dent platinum demand by an estimated 112,000 ounces in 2025, that 1.4 percent decline is being far outweighed by a boom in investment and jewelry consumption.

The Chinese jewelry sector, too, is undergoing a transformation. Wholesalers are commissioning stock that mimics popular gold designs, making platinum jewelry more accessible and appealing to retailers and consumers alike.

If this trend continues, the WPIC forecasts a sharp rise in jewelry-related platinum usage from 2026 onward.

Platinum market fundamentals also remain tight, with supply expected to lag behind growing demand through at least 2029. Several Chinese refiners have recently secured “good delivery” accreditation from the London Platinum and Palladium Market, bolstering investor confidence and strengthening the local trading ecosystem.

Beyond investment and jewelry, regulatory and industrial shifts are setting the stage for long-term structural demand. China’s upcoming China VII/7 vehicle emissions standards, due to take effect in 2026, are expected to significantly increase PGMs loadings per vehicle due to more stringent cold start and real-world emissions testing.

Meanwhile, a global phaseout of mercury-based catalysts in polyvinyl chloride manufacturing is likely to drive adoption of platinum-based alternatives by 2030. In the hydrogen economy — a sector widely seen as platinum’s next frontier — the outlook remains bullish. Installed global electrolysis capacity is forecast to reach 100 gigawatts by 2030, with platinum-intensive proton exchange membrane (PEM) technology expected to dominate nearly half the market.

“This year we were delighted to welcome more overseas interest than ever before,” said Raymond. “Platinum investment is a natural mechanism for attracting metal into any geography, providing a pool of liquidity to supply future demand — particularly vital for countries like China, which rely on imports and recycling for supply.”

The week also celebrated Shanghai Platinum Week’s fifth anniversary with the unveiling of a commemorative 999.5 platinum medal designed by master engraver Luo Yonghui, limited to just 200 pieces.

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

This post appeared first on investingnews.com

Keep Reading
Investing

Crypto Market Update: GENIUS Act Becomes First Federal Stablecoin Law in the US

Investing 5 Mins Read

Here’s a quick recap of the crypto landscape for Friday (July 18) as of 9:00 p.m. UTC.

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

Bitcoin and Ethereum price update

Bitcoin (BTC) was priced at US$117,488, down by 1.3 percent in the last 24 hours. The day’s range for the cryptocurrency brought a low of US$117.409 and a high of US$119,529.

Bitcoin price performance, July 18, 2025.

Chart via TradingView.

After hitting new highs this week, supported by optimism around US crypto legislation and continued institutional inflows, Bitcoin is consolidating. The crypto market is currently seeing a capital rotation from Bitcoin to altcoins, with Ethereum’s token, ETH, exhibiting an exceptionally strong run.

Ethereum (ETH) was priced at US$3,555.99, up by 3.9 percent over the past 24 hours. Its lowest valuation on Friday was US$3,541.70, and its highest was US$3,657.81.

Altcoin price update

  • Solana (SOL) was priced at US$117.28, up by 1.6 percent over 24 hours. Its lowest valuation on Friday was US$176.32, and its highest was US$181.52.
  • XRP was trading for US$3.44, up 3.1 percent in the past 24 hours. The cryptocurrency’s lowest valuation was US$3.36, and its highest was US$3.52.
  • Sui (SUI) is trading at US$3.80, down by four percent over the past 24 hours and its lowest valuation of the day. Its highest was US$4.01.
  • Cardano (ADA) was trading at US$0.8176, up by 1.9 percent over 24 hours. Its lowest violation was US$0.8152 while its highest was US$0.8591.

Today’s crypto news to know

GENIUS Act becomes law

US President Donald Trump signed the GENIUS Act into law on Friday, establishing the first federal regulatory framework for stablecoins in the US. This marks a significant development for digital assets.

The act will take effect 18 months after the date of enactment, or 120 days after the primary federal payment stablecoin regulators issue any final implementing regulations.

In a statement, Securities and Exchange Commission (SEC) Chair Paul Atkins congratulated the House on the accomplishment, which was preceded by a tumultuous period on Tuesday (July 15) that saw a procedural vote fail.

This was followed by a successful bipartisan vote on Wednesday (July 16) to advance the bill, culminating in its overwhelming passage on Thursday (July 17). Atkins added that he will look forward to watching the market leverage the regulatory framework provided by the GENIUS Act” over the coming months and years.

Stablecoins are used to facilitate trading, payments, and transfers within the crypto ecosystem without the volatility of traditional cryptocurrencies like Bitcoin. Secretary of the Treasury Scott Bessent recently suggested that the law could help grow the stablecoin market to US$3.7 trillion by 2030.

Two other bills also passed the House during the so-called “Crypto Week”: one defining which crypto assets are securities or commodities, and another barring the Federal Reserve from launching a US central bank digital currency.

These bills will now proceed to the Senate, but the Genius Act’s passage alone is already being hailed as a defining moment in the evolution of US crypto regulation.

Crypto market soars past US$4 trillion

The global market capitalization of the crypto sector has topped US$4 trillion for the first time, spurred by optimism following the US House’s passage of federal stablecoin legislation.

Investors are piling into altcoins and crypto-related equities as momentum builds behind Crypto Week in Washington. Ether led the charge with a 22 percent jump over five days, while Bitcoin soared to an all-time high of US$123,205 and continues to make up over half of the market’s total value.

The gains reflect confidence that a regulatory framework is finally taking shape in the world’s largest economy.

Analysts predict that the stablecoin sector alone could balloon to US$3.7 trillion by 2030, especially with state and federal guardrails in place. Exchange-traded fund inflows have been particularly strong this month, with US-listed Bitcoin and Ether funds attracting a combined US$8.4 billion in July.

SharpLink to raise US$6 billion for ETH acquisition

Following a 16,370 ETH acquisition on Sunday (July 13), a prospectus supplement filed with the SEC by online performance marketing company SharpLink on Thursday revealed the company increased the amount of common stock it can sell by an extra US$5 billion. Added to the US$1 billion in its initial May 30 filing, this brings the total offering to US$6 billion. SharpLink said it would use the funds to acquire more ETH.

Executive order will reportedly allow crypto in 401(k)s

Trump is reportedly expected to sign an executive order allowing American 401(k) retirement plans to include alternative assets like cryptocurrencies, as well as gold and private equity.

This development was reported by the Financial Times on Thursday, citing three individuals briefed on the plans, who added that the order would direct regulatory agencies to investigate the remaining hurdles preventing alternative investments in professionally managed funds.

In response, SEC Chair Paul Atkins expressed openness to the inclusion of cryptocurrencies in 401(k) retirement plans during an appearance on Bloomberg Talks, but emphasized the critical need for investor education.

Atkins has also indicated that the SEC is considering an innovation exemption within its regulatory framework. This exemption would aim to facilitate new trading methods and offer targeted relief to foster the growth of a tokenized securities ecosystem.

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

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

This post appeared first on investingnews.com

Keep Reading
Investing

Blackrock Silver Commences Eastern Expansion Drill Program Targeting 1.2km Trend at Tonopah West

Investing 10 Mins Read

 

Scout Drilling Discovered the Extension of the High-grade Merten Vein Creating an Opportunity to Expand the Dpb Resource up to 1,200 Metres to the East

 

SCOUT PROGRAM HIGHLIGHTS:

 

  • Assay results from the Company’s reverse circulation Scout Drill Program (see March 31, 2025 news) returned significant gold & silver values in 7 drillholes that successfully expanded the footprint of mineralization up to 1,200 metres from the east of the existing DPB resource toward the historic Ohio mine;

    •  

  • These intercepts cover a new zone of silver and gold interpreted to be the outer ring structure of the Fraction caldera, and are not included in the 2024 resource;

    •  

  • A fully funded 15 drillhole program totalling up to 5,000 metres is underway; and

    •  

  • Results from this program will be incorporated into an updated Mineral Resource Estimate in Q1, 2026.

    •  

Vancouver, British Columbia–(Newsfile Corp. – July 21, 2025) – Blackrock Silver Corp. (TSXV: BRC,OTC:BKRRF) (OTCQX: BKRRF) (FSE: AHZ0) (‘Blackrock‘ or the ‘Company‘) announces commencement of a fully-funded expansion drill program (‘Expansion Program’) to follow up on the successful Scout Drilling campaign that expanded the DPB South zone 1,200 metres in an easterly direction on its 100% owned Tonopah West project located in Nye and Esmeralda Counties, Nevada, United States.

 

The Expansion Program will utilize one Reverse Circulation (RC) drill overseen by Legacy Drilling and two core drill rigs operated by Alloy Drilling to complete 2,450 metres (8,000 ft) of RC precollars and 2,550 metres (8,400 ft) of core tails across 15 drillholes targeting the Eastern Expansion zone between the DPB resource area and the eastern extent of the project. Drilling is anticipated to be completed in October with assay results expected through year end.

 

Andrew Pollard, Blackrock’s President and CEO, stated, ‘With drills now turning on this fully financed program, we’re stepping out across a 1.2-kilometre corridor with strong potential to significantly expand our mineral inventory at Tonopah West. Scout drilling confirmed the eastern extension of the high-grade Merten vein well beyond the current resource boundary, returning standout grades including 2,063 grams per tonne (g/t) silver equivalent (AgEq) (1,198 g/t silver (Ag) and 9.6 g/t gold (Au)) over 1.52 metres, and 952 g/t AgEq (10 g/t Ag and 10.5 g/t Au) over 4.57 metres. This newly defined zone, situated along the outer ring structure of the Fraction caldera, lies entirely outside our 2024 resource and presents an opportunity to quickly and meaningfully grow the scale of the project. Results from this program are expected to underpin a resource update in Q1 2026. The Company remains on track to deliver a separate resource update in Q3 2025 that will incorporate all results from the recently completed M&I conversion program.’

 

As announced on March 31, 2025, the Company discovered the 1,200 metre eastern extension zone representing the continuation of the outer-ring structure or Fraction caldera margin from DPB South to the historic Ohio mine. The Scout Drilling showed the Merten vein extends eastward and is arched and dips southward. This orientation suggests multiple ring structures associated with the Fraction caldera running across Tonopah West. An inner structure hosting the Victor and DPB North (Denver and Paymaster) resources, and an outer, more southern, ring structure hosting DPB South (Merten and Bermuda) and the NW Stepout resources (See Figure 1). The arching geometry of the Merten vein is similar to that described from the historic Ohio vein which was 15 metres thick when mined in the early 1900s1. Given the geometry and location, the Merten is potentially the extension of the Ohio vein. Table 1 summarizes the Scout Drilling assay results above 150 g/t AgEq.

 

Table 1: Scout Drilling Program results above 150 g/t AgEq

 

                                                                                                 

Drillhole ID Hole 
Type		 Area From 
(m)		 To
 (m)		 Drill
 Interval
 (m)		 Ag g/t Au g/t AgEq g/t
TW25-125 RC DPB East 220.98 222.50 1.52 76.41 2.010 257.3
TW25-127 RC DPB East 390.15 391.67 1.52 8.00 1.750 165.5
TW25-130 RC DPB East 188.98 190.50 1.52 290.00 3.300 587.0
TW25-132 RC DPB East 245.36 246.89 1.52 78.58 1.180 184.8
TW25-133 RC DPB East 280.42 283.47 3.05 129.08 1.575 270.8
TW25-133 RC DPB East 309.37 313.95 4.57 10.65 10.456 951.8
Including 309.37 310.90 1.52 15.73 21.467 1,948.0
TW25-128 RC Ohio 292.61 294.13 1.52 1,198.00 9.610 2,063.0
TW25-128 RC Ohio 297.18 298.71 1.52 219.00 1.720 373.8
TW25-131 RC Ohio 269.75 271.27 1.52 89.10 2.630 325.8
AgEq gpt=(Au gpt*90)+Ag gpt; True thickness unknown at this time; Cut-off grade is 150 gpt AgEq;
RC = Reverse Circulation Drilling

 

 

 

TW25-133 returned significant silver and gold with values starting at 309-metres grading 10.46 g/t gold and 10.6 g/t silver over 4.57 metres (952 g/t AgEq), and show mineralization extends along the Merten vein for 540 meters to the east-southeast of the main DPB South resource. With the inclusion of TW25-128 which returned 9.6 g/t gold and 1198 g/t silver over 1.5-metres (2,063 g/t AgEq), the zone could be up to 1,200-metres in length.

 

The mineralized zone traced by these assay results is new and not included in the 2024 resource. These results could have a substantive impact on the future resource estimate.

 

 

Figure 1: Tonopah West expansion potential

 

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/676/259346_2ae57e3a248179b3_001full.jpg

 

 

Figure 2: Drillhole location map with cross section line at location 478540E

 

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/676/259346_2ae57e3a248179b3_002full.jpg

 

 

Figure 3: Geologic cross section along 478540E

 

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/676/259346_2ae57e3a248179b3_003full.jpg

 

Quality Assurance/ Quality Control

 

All sampling is conducted under the supervision of the Company’s project geologists, and a strict chain of custody from the project to the sample preparation facility is implemented and monitored. The RC samples are hauled from the project site to a secure and fenced facility in Tonopah, Nevada, where they are loaded on to American Assay Laboratory’s (AAL) flat-bed truck and delivered to AAL’s facility in Sparks, Nevada. A sample submittal sheet is delivered to AAL personnel who organize and process the sample intervals pursuant to the Company’s instructions.

 

The RC samples are lined out at the lab and logged into AAL’s system. The samples are dried, crushed to 85% passing 10 mesh (2mm) and a 250-gram sub-sample split is collected and pulverized to 200 mesh (74 micron) in a ring and puck pulverizer. Then the pulverized material is digested and analyzed for gold using fire assay fusion and an Induced Coupled Plasma (ICP) finish on a 30-gram assay split (FA-PB30-ICP). Silver is determined using five-acid digestion and ICP analysis (ICP-5AM48). Over limits for gold and silver are determined using a gravimetric finish (GRAVAU30 and GRAVAG30). Data verification of the assay and analytical results are completed to ensure accurate and verifiable results. Blackrock personnel insert a blind prep blank, lab blank or a certified reference material approximately every 15th to 20th sample.

 

Qualified Persons

 

Blackrock’s exploration activities at Tonopah West are conducted and supervised by Mr. William Howald, Executive Chairman of Blackrock. Mr. William Howald, AIPG Certified Professional Geologist #11041, is a Qualified Person as defined under National Instrument 43-101 – Standards of Disclosure for Mineral Projects. He has reviewed and approved the contents of this news release.

 

About Blackrock Silver Corp.

 

Backed by gold and silver ounces in the ground, Blackrock is a junior precious metal focused exploration and development company driven to add shareholder value. Anchored by a seasoned Board of Directors, the Company is focused on its 100% controlled Nevada portfolio of properties consisting of low-sulphidation, epithermal gold and silver mineralization located along the established Northern Nevada Rift in north-central Nevada and the Walker Lane trend in western Nevada.

 

Additional information on Blackrock Silver Corp. can be found on its website at www.blackrocksilver.com and by reviewing its profile on SEDAR at www.sedarplus.ca.

 

Cautionary Note Regarding Forward-Looking Statements and Information

 

This news release contains ‘forward-looking statements’ and ‘forward-looking information’ (collectively, ‘forward-looking statements‘) within the meaning of Canadian and United States securities legislation, including the United States Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact, are forward-looking statements. Forward-looking statements in this news release relate to, among other things: the Company’s strategic plans; the timing of and successful completion of the Company’s Expansion Program at Tonopah West and the anticipated objectives and results therefrom; timing and estimates of mineral resource quantities and qualities; timing of updated resource estimates; estimates of mineralization from drilling; geological information projected from sampling results; and the potential quantities and grades of the target zones.

 

These forward-looking statements reflect the Company’s current views with respect to future events and are necessarily based upon a number of assumptions that, while considered reasonable by the Company, are inherently subject to significant operational, business, economic and regulatory uncertainties and contingencies. These assumptions include, among other things: conditions in general economic and financial markets; accuracy of assay results; geological interpretations from drilling results, timing and amount of capital expenditures; performance of available laboratory and other related services; future operating costs; the historical basis for current estimates of potential quantities and grades of target zones; the availability of skilled labour and no labour related disruptions at any of the Company’s operations; no unplanned delays or interruptions in scheduled activities; all necessary permits, licenses and regulatory approvals for operations are received in a timely manner; the ability to secure and maintain title and ownership to properties and the surface rights necessary for operations; and the Company’s ability to comply with environmental, health and safety laws. The foregoing list of assumptions is not exhaustive.

 

The Company cautions the reader that forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results and developments to differ materially from those expressed or implied by such forward-looking statements contained in this news release and the Company has made assumptions and estimates based on or related to many of these factors. Such factors include, without limitation: the timing and content of work programs; results of exploration activities and development of mineral properties; the interpretation and uncertainties of drilling results and other geological data; receipt, maintenance and security of permits and mineral property titles; environmental and other regulatory risks; project costs overruns or unanticipated costs and expenses; availability of funds; failure to delineate potential quantities and grades of the target zones based on historical data; general market and industry conditions; and those factors identified under the caption ‘Risks Factors’ in the Company’s most recent Annual Information Form.

 

Forward-looking statements are based on the expectations and opinions of the Company’s management on the date the statements are made. The assumptions used in the preparation of such statements, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date the statements were made. The Company undertakes no obligation to update or revise any forward-looking statements included in this news release if these beliefs, estimates and opinions or other circumstances should change, except as otherwise required by applicable law.

 

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

 

 

For Further Information, Contact:

 

Andrew Pollard
President and Chief Executive Officer
(604) 817-6044
info@blackrocksilver.com 

 

 

1 All historic production information from Nevada Bureau of Mines & Geology, Bulletin 51

 

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/259346

 

 

 

News Provided by Newsfile via QuoteMedia

This post appeared first on investingnews.com

Keep Reading