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Sarama Resources Ltd. (“Sarama” or the “Company”) (ASX:SRR, TSX- V:SWA) is pleased to advise that it has completed the previously announced acquisition (the “Transaction”) of a majority interest(1) in the under-explored, belt-scale 420km² Mt Venn Project (the “Project”)(2), located in the Eastern Goldfields of Western Australia.

This follows Sarama’s acquisition of a majority interest(3) in the nearby Cosmo Gold Project in December 2024. Together, these acquisitions create a 1,000km² landholding covering two well-positioned and underexplored greenstone belts in the Laverton Gold District, an area which is known for prolific gold endowment and significant recent discoveries (refer Figure 1).

Highlights

  • Completion of Transaction for Sarama to acquire a majority interest(1) in, and control of, the Mt Venn Gold Project in Western Australia
  • Located in the prolific Laverton Gold District, 35km from the producing Gruyere Gold Mine and less than 20km
  • from Gold Road’s Golden Highway Deposit
  • Project covers 420km² and features a favourable litho-structural setting, primarily in greenstone rocks
  • Includes regional shear zone of ~50km strike length and 1-3km width extending full length of greenstone belt
  • Advanced gold targets generated through historical exploration, including broad drill-defined gold mineralisation
  • Creates 1,000km² exploration position in the Laverton Gold District, capturing 100km of strike length
  • Mt Venn is 40km from Sarama’s Cosmo Project(3) that is target-rich and hosts approximately 45km strike of gold trends up to 1.8km in width(6).
  • Initial exploration to be advanced by the recent equity raise of A$2.7M

Sarama’s Executive Chairman, Andrew Dinning commented:

“We are very pleased to have completed the acquisition of a majority interest in the Mt Venn Project, significantly expanding our footprint in the Laverton Gold District and consolidating a 1,000km² landholding with strong discovery potential, in a region that has delivered multiple high-quality gold deposits, including the nearby Gruyere Deposit.

Mt Venn lies just 40km from our Cosmo Gold Project(3), with both showing strong gold anomalism. Cosmo hosts approximately 45km of mineralised gold trends up to 1.8km wide(6), while Mt Venn’s soil sampling, historic workings, early drilling, and polymetallic nature highlight potential for a large-scale mineralized system. We see considerable exploration upside across both projects and with compelling targets already identified, we look forward to unlocking their value through focused and systematic exploration.”

Click here for the full ASX Release

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(TheNewswire)

 

     
  JZR Gold Inc. 
             

 

July 22, 2025 TheNewswire – Vancouver, British Columbia, Canada JZR Gold Inc. (TSXV:  JZR) (the ‘ Company ‘ or ‘ JZR ‘) is pleased to announce that it has completed its previously announced non-brokered private placement (the ‘ Offering ‘) of units (each, a ‘ Unit ‘) at a price of $0.30 per Unit. Pursuant to the Offering, which was announced on July 11, 2025, the Company has issued 6,000,000 Units for aggregate gross proceeds of CAD$1,800,000. The Company also wishes to announce that, due to investor interest, the Offering was increased from $1,500,000 to $1,800,000.

 

  Each Unit consists of one common share in the capital of the Company (each, a ‘S   hare   ‘) and one common share purchase warrant (each, a ‘   Warrant   ‘). Each Warrant is exercisable into one additional Share (each, a ‘   Warrant Share   ‘) at a price of $0.40 per Warrant Share for a period of two (2) years from the date of issuance, subject to acceleration. The Warrants are subject to an acceleration provision whereby, in the event that the volume weighted average trading price of the Company’s common shares traded on TSX Venture Exchange (the ‘   Exchange   ‘), or any other stock exchange on which the Company’s common shares are then listed, is equal to or greater than $0.75 for a period of 10 consecutive trading days, the Company shall have the right to accelerate the expiry date of the Warrants by giving written notice to the holders of the Warrants that the Warrants will expire on the date that is not less than 30 days from the date that notice is provided by the Company to the Warrant holders. The Company did not pay any finder’s fees in closing this Offering.  

 

  The Units, Shares, Warrants, and Warrant Shares are collectively referred to as the ‘   Securities   ‘. The Securities are subject to a hold period of four months and one day from the date of Closing.  

 

  The Company intends to use the net proceeds from the Offering to fund operations of the fully constructed 800 tonne-per-day gravimetric mill, as well as future exploration work on the Vila Nova Gold project located in Amapa State, Brazil, and for general working capital purposes. JZR has been advised by its Joint Venture Royalty Agreement partner, ECO Mining Oil & Gaz Drilling and Exploration Ltda. (EIRELI) (‘ECO’), that the Mill is fully operational, but ECO is completing a few minor improvements to the Mill to improve operational efficiency. There will be further updates regarding operations in the immediate future.  

 

For further information, please contact:

 

Robert Klenk

 

Chief Executive Officer

 

  rob@jzrgold.com  

 

Forward-Looking Information

 

  This press release contains certain ‘forward-looking information’ within the meaning of applicable Canadian securities legislation. Forward-looking information in this press release includes all statements that are not historical facts, including, without limitation, statements with respect to the details of the Offering, including the proposed size, timing and the expected use of proceeds and the receipt of regulatory approval for the Offering; the testing and anticipated commencement of operation of the Mill. Forward-looking information reflects the expectations or beliefs of management of the Company based on information currently available to it. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking information. These factors include, but are not limited to:   the Company may not complete the Offering; the Offering may not be approved by the TSX Venture Exchange;   risks associated with the business of the Company; the Mill may not commence operating once testing has been completed, or at all; business and economic conditions in the mineral exploration industry generally; the supply and demand for labour and other project inputs; changes in commodity prices; changes in interest and currency exchange rates; risks related to inaccurate geological and engineering assumptions; risks relating to unanticipated operational difficulties (including failure of equipment or processes to operate in accordance with the specifications or expectations, cost escalation, unavailability of materials and equipment, government action or delays in the receipt of government approvals, industrial disturbances or other job action and unanticipated events related to health, safety and environmental matters); risks related to adverse weather conditions; political risk and social unrest; changes in general economic conditions or conditions in the financial markets; and   other risk factors as detailed from time to time in the Company’s continuous disclosure documents filed with the Canadian securities regulators.  The forward-looking information contained in this press release is expressly qualified in its entirety by this cautionary statement.  The Company does not undertake to update any forward-looking information, except as required by applicable securities laws.  

 

  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 press release.  

 

  None of the securities of JZR have been registered under the U.S. Securities Act of 1933, as amended (the ‘U.S. Securities Act’), or any state securities law, and may not be offered or sold in the United States or to, or for the account or benefit of, persons in the United States or ‘U.S. persons’ (as such term is defined in Regulation S under the U.S. Securities Act) absent registration or an exemption from such registration requirements. This press release shall not constitute an offer to sell or the solicitation of an offer to buy in the United States nor shall there be any sale of the securities in any State in which such offer, solicitation or sale would be unlawful.  

 

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES.

 

Copyright (c) 2025 TheNewswire – All rights reserved.

 

 

News Provided by TheNewsWire via QuoteMedia

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A Malian court has upheld the detention of four employees of Barrick Mining (TSX:ABX,NYSE:B), rejecting an appeal filed by the Canadian mining company as its dispute with the military-led government deepens.

According to a Bloomberg report, Judge Samba Sarr ruled Tuesday (July 22) that the appeal was unfounded, according to Barrick’s legal counsel, Alifa Habib Koné.

The employees have been held in pre-trial detention since November 2023 on charges including money laundering and financial misconduct, allegations the company has dismissed as without merit.

In June, Mali’s transitional government placed the Loulo-Gounkoto mine under provisional administration and later removed nearly a metric ton of gold from the site. A similar seizure of three metric tons occurred earlier this year after Barrick suspended exports due to the dispute.

Barrick has initiated international arbitration proceedings, citing violations of its mining convention with the state.

The company says it was not formally notified of the appointment of the provisional administrator, who it later learned was a former company employee, Samba Touré, now serving as a liaison to the mines ministry. Touré has been facilitating state control of the site since the takeover.

The Loulo-Gounkoto complex, which Barrick operates and owns 80 percent of, remains central to its African portfolio. The remaining 20 percent is held by the Malian government.

Barrick reported that its Malian operations generated US$949 million in revenue during the first nine months of 2023.

The company has framed the seizures and detentions as part of a broader dispute over tax claims and the implementation of Mali’s new mining code, which includes increased state equity and royalty rates.

In December 2023, a court in Bamako issued a warrant for the arrest of Barrick CEO Mark Bristow. The company has not publicly addressed the warrant but continues to operate in the country while pursuing legal remedies.

Amid the mounting friction in Mali, Barrick is in discussions to sell its Hemlo mine in Ontario, its last producing gold asset in Canada.

The prospective buyer is Discovery Silver (TSX:DSV,OTCQX:DSVSF), which has been expanding its portfolio following its recent acquisition of Newmont (TSX:NGT,NYSE:NEM) Porcupine operation for up to US$425 million.

A finalized Hemlo deal would mark Barrick’s complete exit from Canadian gold production. Hemlo has seen declining output in recent years and is no longer considered core to Barrick’s long-term strategy.

The ongoing standoff in Mali continues to affect the company’s export flows and local operations, with no resolution yet announced regarding the release of detained staff or the return of the seized gold.

The Loulo-Gounkoto mine produced over 680,000 ounces of gold in 2023, making it one of the most productive in West Africa.

Barrick has said it remains committed to resolving the dispute under the terms of its longstanding mining agreement with Mali.

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

This post appeared first on investingnews.com

Former President Barack Obama denied President Donald Trump’s ‘bizarre allegations’ that he was the Russiagate ‘ringleader,’ in a rare public statement Tuesday evening. 

Trump, earlier on Tuesday, claimed that former President Barack Obama was the ‘ringleader’ of Russiagate, calling for him to be criminally investigated amid new claims that members of his administration allegedly ‘manufactured’ intelligence that prompted the Trump–Russia collusion narrative.

‘Out of respect for the office of the presidency, our office does not normally dignify the constant nonsense and misinformation flowing out of this White House with a response,’ Obama spokesman Patrick Rodenbush said in a statement. ‘But these claims are outrageous enough to merit one.’ 

Trump alleges former President Barack Obama is the "ringleader" of Russiagate

‘These bizarre allegations are ridiculous and a weak attempt at distraction,’ Obama’s spokesman continued. ‘Nothing in the document issued last week undercuts the widely accepted conclusion that Russia worked to influence the 2016 presidential election but did not successfully manipulate any votes.’ 

He added: ‘These findings were affirmed in a 2020 report by the bipartisan Senate Intelligence Committee, led by then-Chairman Marco Rubio.’ 

Rodenbush’s statement on behalf of Obama comes after Director of National Intelligence Tulsi Gabbard recently declassified documents revealing ‘overwhelming evidence’ that claimed that after Trump won the 2016 election against Hillary Clinton, then-President Obama and his national security team allegedly laid the groundwork for what would be the yearslong Trump–Russia collusion probe.

Gabbard said the documents revealed that Obama administration officials ‘manufactured and politicized intelligence’ to allegedly create the narrative that Russia was attempting to influence the 2016 presidential election, despite information from the intelligence community stating otherwise.

The new documents name Obama, top officials on his National Security Council, Director of National Intelligence James Clapper, CIA Director John Brennan, national security advisor Susan Rice, Secretary of State John Kerry, Attorney General Loretta Lynch and Deputy FBI Director Andrew McCabe, among others.

Gabbard, on Monday, sent a criminal referral to the Justice Department related to those findings. Department of Justice officials did not share further details on whom the criminal referral was for.

As for Gabbard’s criminal referral, Trump was asked which specific figures should be under criminal investigation, to which he replied: ‘President Obama. He started it.’

‘And Biden was there with him, and Comey was there, and Clapper, the whole group was there. Brennan. They were all there in the room right here. This is the room,’ Trump said from the Oval Office Tuesday during a meeting with the president of the Philippines. ‘It was President Obama. It was lots of people all over the place.’

No other former Obama-era officials have responded to Fox News Digital’s request for comment.

The president went on to say that his administration has ‘all of the documents, and from what Tulsi told me, she’s got thousands of additional documents coming.’

‘So President Obama, it was his concept — his idea,’ Trump said Tuesday. ‘But he also got it from crooked Hillary Clinton — crooked as a $3 bill, and Hillary Clinton and her group, the Democrats, spent $12 million to Christopher Steele to write up a report that was a total fake report.’

Steele authored the discredited anti-Trump dossier, which was paid for by the Clinton campaign and the Democratic National Committee through law firm Perkins Coie.

The anti-Trump dossier served as the basis for Foreign Intelligence Surveillance Act (FISA) warrants against former Trump campaign aide Carter Page.

The intelligence community, at the time, widely viewed the dossier as ‘internet rumor,’ but top officials, like Comey, McCabe and Brennan, reportedly pushed for its inclusion in the 2017 Intelligence Community Assessment.

‘It took two years to figure that out, but it came out that it was a total fake report — it was made-up fiction — and they used that,’ Trump said. ‘The Steele report was a disaster — all lies, all fabrication, all admitted fraud.’

Meanwhile, Trump said ‘we caught Hillary Clinton, we got Barack Hussein Obama. They’re the ones. And then you have many, many people under them. Susan Rice — they’re all the names.’

‘I guess they figured they’re going to put this in as classified information and nobody will ever see it again — but it doesn’t work that way,’ Trump said. ‘It is the most unbelievable thing I think I’ve ever read.’ 

Trump added: ‘Never has a thing like this happened in the history of our country.’ 

On July 28, 2016, Brennan briefed President Obama on a plan from one of Clinton’s campaign foreign policy advisors ‘to vilify Donald Trump by stirring up a scandal claiming interference by the Russian security service,’ meeting notes said. 

‘We’re getting additional insight into Russian activities from (REDACTED),’ read Brennan’s handwritten notes, exclusively obtained by Fox News Digital in October 2020. ‘CITE (summarizing) alleged approved by Hillary Clinton a proposal from one of her foreign policy advisers to vilify Donald Trump by stirring up a scandal claiming interference by the Russian security service.’

After that briefing, the CIA properly forwarded that information through a Counterintelligence Operational Lead (CIOL) to Comey and Deputy Assistant Director of Counterintelligence Peter Strzok, with the subject line: ‘Crossfire Hurricane.’

Former Special Counsel Robert Mueller was appointed to take over the FBI’s original ‘Crossfire Hurricane’ investigation. After nearly two years, Mueller’s investigation, which concluded in March 2019, yielded no evidence of criminal conspiracy or coordination between the Trump campaign and Russian officials during the 2016 presidential election.

Shortly after, John Durham was appointed as special counsel to investigate the origins of the ‘Crossfire Hurricane’ probe.

Durham found that the FBI ‘failed to act’ on a ‘clear warning sign’ that the bureau was the ‘target’ of a Clinton-led effort to ‘manipulate or influence the law enforcement process for political purposes’ ahead of the 2016 presidential election.

Comey and Brennan are currently under criminal investigation, launched by FBI Director Kash Patel. 

Fox News’ Mike Emanuel contributed to this report. 

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U.S. Ambassador to Israel Mike Huckabee lashed out at almost 30 Western countries who on Monday called for Israel to end the war in Gaza, saying in a post on X that ‘when Hamas thinks you do good work, you are doing evil.’

‘How embarrassing for a nation to side w/ a terror group like Hamas & blame a nation whose civilians were massacred for fighting to get hostages released,’ wrote Huckabee after Hamas – whose Oct. 7, 2023, mass terror attack on Israel sparked the ongoing war in Gaza – said it welcomed ‘the contents of the joint statement issued by the United Kingdom Government along with 25 other countries, calling for an immediate end to the war on the Gaza Strip.’

The U.S. and EU-designated terror group also reiterated its claims that Israel was carrying out a ‘policy of starvation’ on the coastal enclave amid unverified reports that people have died due to hunger-related reasons. Fox News Digital has not been able to independently verify such reports.

‘The statement’s condemnation of the killing of over 800 Palestinian civilians at the gates of U.S.-Israeli-controlled aid checkpoints underscores the brutality of this mechanism,’ Hamas wrote following a statement issued by the U.K. Foreign Office and U.K. Foreign Secretary David Lammy.

‘The suffering of civilians in Gaza has reached new depths,’ read Lammy’s statement, which was also signed by the foreign ministers of 28 countries.

‘If Hamas embraces you – you are in the wrong place,’ Israel’s Foreign Minister Gidon Saar responded on X. ‘Hamas’s praise for the statement by the group of countries is the best proof of the mistake they made – part of them out of good intentions and part of them out of an obsession against Israel.’ 

Since launching a new model for food aid distribution in the war-torn strip in early May, Israel and the U.S. have come under fire from the international community over near-daily reports of people dying while attempting to receive aid or not receiving any aid at all.

Israel has refuted claims that there is hunger in Gaza or that it is using starvation as a tactic of the now 22-month-old war. Rather, officials have said they are working to prevent Hamas from stealing aid being distributed by veteran, mostly U.N.-run, humanitarian agencies and sold for exorbitant prices in a bid to continue funding terror operations. 

Israel, which is tasked with securing routes to four aid centers run by the U.S.-backed Gaza Humanitarian Fund, has also denied that its soldiers intentionally kill Palestinian civilians but is rather issuing warning shots as a measure of crowd control. The GHF has so far delivered some 85 million meals since it started its aid operation in May.

U.N. spokesman Stéphane Dujarric said on Monday that Secretary-General Antonio Guterres ‘deplored the growing reports of both children and adults suffering from malnutrition and strongly condemned the ongoing violence, including the shooting, killing and injuring of people attempting to get food.’

‘As someone who has spent over 40 years in Israel’s Security Establishment – both as IDF Chief of Staff & Minister of Defense, I can say this unequivocally: Not only has Israel never starved or targeted civilians, but it goes above and beyond to protect civilians in the most complex of war zones like Gaza,’ Israeli opposition leader Benny Gantz wrote on X.

‘We must be clear – culpability for harm inflicted to civilians rests on terrorist Hamas and Hamas only,’ he added. 

On Tuesday, Dr. Mohammed Abu Salmiya, director of Al-Shifa Medical Complex in Gaza, said in a statement that ‘twenty-one children have died due to malnutrition and starvation in various areas across the Gaza Strip.’ 

‘Every moment, new cases of malnutrition and starvation are arriving at Gaza’s hospitals,’ he said.  

Kobi Michael, a senior researcher at the Institute for National Security Studies in Tel Aviv who has been monitoring the situation in Gaza closely, told Fox News Digital that he was ‘not aware of a single official report that people died because of starvation or hunger.’ 

‘I’m not familiar with any such report, but I am familiar with many warnings that were published by international organizations about the catastrophe that exists in Gaza and how in two months or so, 40 or 50,000 people will die because of hunger, but nobody has died because of hunger, because there is no hunger,’ he said, adding, ‘if there are some local problems of supply, it is because of Hamas – not because of the IDF.’

Michael, who is also a fellow at the Misgav Institute in Jerusalem, pointed out that Hamas ‘loots, robs and steals the humanitarian aid, partially for themselves, to feed themselves and the rest is sold in very high prices to the local population in order to make money.’

Israel’s goal of weakening Hamas’s grip on the Strip – and on aid agencies – appeared to be working on Monday, with The Washington Post reporting that the terror group ‘is facing its worst financial and administrative crisis in its four-decade history’ and is struggling to find the resource it needs to continue fighting Israel or rule Gaza. 

Quoting a former high-level Israeli intelligence officer, and current Israel Defense Forces officers, the report said that Hamas could no longer pay its fighters or rebuild its underground terror tunnels, where it is believed to be holding some 50 hostages, both alive and dead, who kidnapped during its Oct. 7 attack. 

This post appeared first on FOX NEWS

The Department of Justice signaled a shift in its approach to the Jeffrey Epstein investigation, with Deputy Attorney General Todd Blanche revealing that he has reached out to Ghislaine Maxwell to gauge her willingness to cooperate with prosecutors.

Blanche confirmed Tuesday that, under the direction of Attorney General Pam Bondi, the DOJ is now open to hearing what Maxwell might have to offer regarding uncharged individuals who may have participated in Epstein’s criminal enterprise.

‘This Department of Justice does not shy away from uncomfortable truths, nor from the responsibility to pursue justice wherever the facts may lead,’ Blanche said in a post on X Tuesday.

The House Oversight Committee also took action in the case Tuesday by voting to subpoena Maxwell, requiring her to appear for a deposition.

A House Oversight Committee source told Fox News the Committee will move quickly to subpoena Maxwell. Since she is in federal prison, the Committee will coordinate with the DOJ and Bureau of Prisons to schedule her deposition, they said.

In his statement Tuesday, Blanche reaffirmed the July 6 joint statement issued by the DOJ and FBI, which concluded that a thorough review of FBI files related to the Epstein case uncovered no new evidence to support charges against additional parties. 

‘Namely, that in the recent thorough review of the files maintained by the FBI in the Epstein case, no evidence was uncovered that could predicate an investigation against uncharged third parties,’ Blanche wrote.

That memo, which was signed by FBI Director Kash Patel and Deputy Director Dan Bongino, sparked controversy after President Donald Trump, Bondi and FBI leaders repeatedly said they would release all documents related to Epstein.

Sources told Fox News that Bongino, who signed off on the memo, complained about it in private following public backlash.

The new outreach to Maxwell is in the hopes that Epstein’s convicted accomplice ‘has information about anyone who has committed crime against victims,’ Blanche said.

‘President Trump has told us to release all credible evidence…’ he wrote. ‘Therefore, at the direction of Attorney General Bondi, I have communicated with counsel for Ms. Maxwell to determine whether she would be willing to speak with prosecutors from the Department.’

The new outreach to Maxwell marks the first time, according to Blanche, that any administration has approached her legal team with an inquiry into potential cooperation. 

‘That changes now,’ Blanche emphasized.

Blanche said he ‘anticipates meeting with Ms. Maxwell in the coming days.’

David Oscar Markus, Maxwell’s attorney, confirmed to Fox News that they are ‘in discussions with the government and that Ghislaine will always testify truthfully.’

‘We are grateful to President Trump for his commitment to uncovering the truth in this case,’ he said.

Patel responded succinctly to Blanche’s statement, writing on X Tuesday: ‘Get it.’

A federal judge has paused the U.S. government’s effort to unseal grand jury transcripts from the Maxwell case, demanding a more detailed legal justification and a complete submission of the materials before ruling. 

In an order filed Tuesday, Southern District of New York Judge Paul A. Engelmayer said prosecutors failed to address the legal standards required for disclosing such sensitive documents.

By July 29, the government must file a memorandum and provide redacted and unredacted versions of the grand jury transcripts. Maxwell and any victims who would like to weigh in are required to submit statements by August 5.

If unsealed, the transcripts could reveal previously unseen testimony and possibly identify other individuals connected to the Epstein enterprise. 

Maxwell was convicted in 2021 of helping Epstein traffic teen girls. She was sentenced to 20 years in prison and has appealed her case to the U.S. Supreme Court.

According to prosecutors’ and survivor’s testimony, Maxwell helped recruit and groom underage girls, arrange travel and housing, as well as facilitate abuse at properties owned by Epstein.

Victims described Maxwell as a trusted adult figure who manipulated and coerced them into sexual encounters with Epstein and others.

The DOJ and the FBI declined to provide additional comment, referring Fox News Digital to Deputy Blanche’s statement.

Fox News’ Chad Pergram contributed to this report.

This post appeared first on FOX NEWS

 

(TheNewswire)

 

  
  Pinnacle Silver and Gold Corp. 
 

  

  The recent installation of metal ladders provided new and safe access for the geological crew to sample a different portion of this zone on a sub-level, resulting in composite channel assays of   50.3 g/t Au and 269 g/t Ag over 1.7 metres, 34.6 g/t Au and 228 g/t Ag over 1.0 metre, 9.84 g/t Au and 141 g/t Ag over 4.2 metres and 8.33 g/t Au and 154 g/t Ag over 1.8 metres   .  

 

  ‘We continue to be impressed by the exceptional tenor and consistency of the grades at Pinos Cuates,’ stated   Robert Archer, Pinnacle’s President & CEO. ‘While the underground workings give us access to a portion of the mineralized zone, we still don’t know its extent. In these low-sulphidation epithermal systems, pockets of high-grade mineralization typically pinch and swell both along strike and up and down dip. The underground work is allowing us to characterize the mineralization such that we will be better able to find and delineate other zones within the Dos de Mayo vein system. Some follow up sampling on these results has already been conducted and we are planning an underground drilling program to better define the extent of this mineralized zone as it can be difficult to drill through underground workings from surface.’  

 

Individual Sample Results and Composite Channel Assays – Pinos Cuates Raise

 

                                                                                                                                        
 

Sample No.

 

 

Sample Length (m)

 

 

Composite No.

 

 

Composite Length (m)

 

 

Au g/t

 

 

Ag g/t

 

 

  Au Eq g/t   (1)  

 

 

  Ag Eq g/t   (1)  

 

 

  EPUG25421  

 

 

1.0

 

 

13

 

 

1.0

 

 

34.6

 

 

228

 

 

  37.2  

 

 

3,273

 

 

EPUG25422

 

 

0.5

 

 

14

 

   

85.1

 

 

520

 

   
 

  EPUG25423  

 

 

0.6

 

 

14

 

   

30.5

 

 

143

 

   
 

  EPUG25424  

 

 

0.6

 

 

14

 

   

41.1

 

 

187

 

   
     

14

 

 

1.7

 

 

50.3

 

 

269

 

 

53.4

 

 

4,696

 

 

  EPUG25425  

 

 

0.8

 

 

15

 

   

7.8

 

 

59

 

   
 

  EPUG25426  

 

 

0.6

 

 

15

 

   

24.1

 

 

288

 

   
 

  EPUG25427  

 

 

0.7

 

 

15

 

   

5.8

 

 

138

 

   
 

  EPUG25428  

 

 

0.7

 

 

15

 

   

17.4

 

 

327

 

   
 

  EPUG25429  

 

 

0.7

 

 

15

 

   

4.0

 

 

38

 

   
 

  EPUG25430  

 

 

0.7

 

 

15

 

   

2.3

 

 

31

 

   
     

15

 

 

4.2

 

 

9.8

 

 

141

 

 

11.5

 

 

1,077

 

 

  EPUG25431  

 

 

0.5

 

 

16

 

   

10.7

 

 

214

 

   
 

  EPUG25432  

 

 

0.5

 

 

16

 

   

15.0

 

 

256

 

   
 

  EPUG25433  

 

 

0.8

 

 

16

 

   

2.7

 

 

52

 

   
     

16

 

 

1.8

 

 

8.3

 

 

154

 

 

10.1

 

 

887

 

 

  1   Gold and silver equivalents calculated using a gold:silver price ratio of 88 (i.e. 88 g/t silver = 1 g/t gold). The metal prices used to determine the 88:1 ratio are the closing spot prices in New York on July 18, 2025: US$3,347.90/oz gold and US$38.11/oz silver.  

 

  A total of 42 channel samples were taken in 16 composite channels in the raise. Grades ranged from 0.105 to 85.1 g/t Au and 9 to 520 g/t Ag. All samples were assayed for gold, silver and a suite of 32 other elements, including copper, lead and zinc. However, the base metal assays were consistently low, confirming that this is a precious metal dominant system.  

 

  The Pinos Cuates mine is the middle of three historic mines along a 500 metre strike length on the Dos de Mayo vein system on the Potrero property. Underground sampling is continuing at the Dos de Mayo mine to the southeast and will be followed by sampling of the La Dura mine to the northwest. The vein system has been traced on surface for 1,600 metres and there are other parallel and splay veins that are being further defined as the property has never been systematically explored. The mine workings are currently being accurately surveyed such that a 3D model can be created.  

 

QA/QC

 

  The technical results contained in this news release have been reported in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects (‘NI 43-101’). Pinnacle has implemented industry standard practices for sample preparation, security and analysis given the stage of the Project. This has included common industry QA/QC procedures to monitor the quality of the assay database, including inserting certified reference material samples and blank samples into sample batches on a predetermined frequency basis.  

 

  The systematic chip channel sampling was completed across exposed mineralized structures using a hammer and maul. The protocol for sample lengths established that they were not longer than two metres or shorter than 0.3 metres. The veins tend to be steeply dipping to vertical, and so these samples are reasonably close to representing the true widths of the structures. Samples were collected along the structural strike or oblique to the main structural trend.  

 

  All samples were bagged in pre-numbered plastic bags; each bag had a numbered tag inside and were tied off with adhesive tape and then bulk bagged in rice bags in batches not to exceed 40 kg. They were then numbered, and batch bags were tied off with plastic ties and delivered directly to the SGS laboratory facility in Durango, Mexico for preparation and analysis. The lab is accredited to ISO/IEC 17025:2017. All Samples were delivered in person by the contract geologist who conducted the sampling under the supervision of the QP.  

 

  SGS sample preparation code G_PRP89 including weight determination, crushing, drying, splitting, and pulverizing was used following industry best practices where all samples were crushed to 75% less than 2 mm, riffle split off 250 g, pulverized split to >85% passing 75 microns (μm). All samples were analyzed for gold using code GA_FAA30V5 with a Fire Assay determination on 30g samples with an Atomic Absorption Spectography finish. An ICP-OES analysis package (Inductively Coupled Plasma – Optical Emission Spectrometry) including 33 elements and 4-acid digestion was performed (code GE_ICP40Q12) to determine Ag, Zn, Pb, Cu and other elements.  

 

Qualified Person

 

  Mr. Jorge Ortega, P. Geo, a Qualified Person, and independent from Pinnacle, as defined by National Instrument 43-101, and the author of the NI 43-101 Technical Report for the Potrero Project, has reviewed, verified and approved for disclosure the technical information contained in this news release.  

 

  About the Potrero Property  

 

  El Potrero is located in the prolific Sierra Madre Occidental of western Mexico and lies within 35 kilometres of four operating mines, including the 4,000 tonnes per day (tpd) Ciénega Mine (Fresnillo), the 1,000 tpd Tahuehueto Mine (Luca Mining) and the 250 tpd Topia Mine (Guanajuato Silver).  

 

  High-grade   gold-silver mineralization occurs in a low sulphidation epithermal breccia vein system hosted within andesites of the Lower Volcanic Series and has three historic mines along a 500 metre strike length. A historic resource based upon underground sampling of those three mines is reported to consist of 45,561 tonnes at 8.0 g/t gold and 186 g/t silver. (These resources are historical in nature and Pinnacle is not treating these estimates as current mineral resources as a qualified person on behalf of Pinnacle has not done sufficient work to classify them as current mineral resources.) The property has been in private hands for almost 40 years and has never been systematically explored by modern methods, leaving significant exploration potential.  

 

  A 100 tpd plant on site can be refurbished / rebuilt and historic underground mine workings rehabilitated at relatively low cost in order to achieve near-term production once permits are in place. The property is road accessible with a power line within three kilometres. Surface rights covering the plant and mine area are privately owned (no community issues).  

 

  Pinnacle will earn an initial 50% interest immediately upon commencing production. The goal would then be to generate sufficient cash flow with which to further develop the project and increase the Company’s ownership to 100% subject to a 2% NSR. If successful, this approach would be less dilutive for shareholders than relying on the equity markets to finance the growth of the Company.  

 

      About Pinnacle Silver and Gold Corp.  

 

  Pinnacle   is   focused   on   district-scale   exploration   for   precious   metals   in the Americas. The high-grade Potrero gold-silver project in Mexico’s Sierra Madre Belt hosts an underexplored low-sulphidation epithermal vein system and provides the potential for near-term production   .   In the prolific   Red   Lake   District   of   northwestern   Ontario, the Company owns a 100%   interest in the   past-producing,   high-grade   Argosy   Gold   Mine and the adjacent North Birch   Project   with an eight-kilometre-long target horizon   .   With   a   seasoned,   highly   successful   management   team   and   quality   projects,   Pinnacle   Silver   and   Gold   is committed   to   building   long   -term   ,   sustainable   value   for   shareholders.  

 

  Signed: ‘Robert A. Archer’  

 

  President & CEO  

 

    For further information contact   :  

 

  Email:     info@pinnaclesilverandgold.com    

 

  Tel.: +1 (877) 271-5886 ext. 110  

 

    Website:     www.pinnaclesilverandgold.com    

 

  Neither the TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this release   .  

 

Copyright (c) 2025 TheNewswire – All rights reserved.

 

 

News Provided by TheNewsWire via QuoteMedia

This post appeared first on investingnews.com

 

Virtual Investor Conferences, the leading proprietary investor conference series announced the agenda for the Metals & Mining Virtual Investor Conference to be held July 23 rd and 24 th .

 

Individual investors, institutional investors, advisors, and analysts are invited to attend.

 

   REGISTER HERE   

 

It is recommended that investors pre-register and run the online system check to expedite participation and receive event updates. There is no cost to log-in, attend live presentations, or schedule 1×1 meetings with management.

 

‘We’re pleased to bring together a diverse lineup of resource companies for this new edition of the Metals & Mining Virtual Investor Conference,’ said Jason Paltrowitz, Executive Vice President of Corporate Services at OTC Markets Group. ‘From explorers to producers, these companies reflect the depth and global reach of today’s metals and mining sector. This two-day event continues to be an effective platform for companies—whether OTCQX, OTCQB, OTCID, or exchange listed—to connect with investors and share their strategic vision in real time.’

 

  July 23   rd  

 

                                 
  Eastern  
Time (ET)  
  Presentation     Ticker(s)  
  9:30 AM ET   Andean Silver Ltd.   (OTCQX: ADSLF | ASX: ASL)  
  10:00 AM ET   G50 Corp. Limited   (OTCQB: GFTYF | ASX: G50)  
  10:30 AM ET   Silver Tiger Metals Inc.   (OTCQX: SLVTF | TSXV: SLVR)  
  11:00 AM ET   Viva Gold Corp.   (OTCQB: VAUCF | TSXV: VAU)  
  11:30 AM ET   Liberty Gold Corp.   (OTCQX: LGDTF | TSX: LGD)  
  12:00 PM ET   UR-Energy Inc.   (NYSE American: URG | TSX: URE)  
  12:30 PM ET   Arizona Sonoran Copper Company   (OTCQX: ASCUF | TSX: ASCU)  
  1:00 PM ET   Northisle Copper & Gold Inc.   (OTCQX: NTCPF | TSXV: NCX)  
  1:30 PM ET    Element79 Gold Corp.    (OTCQB: ELMGF | CSE: ELEM,OTC:ELMGF)
  2:00 PM ET   Rackla Metals Inc.   (TSXV: RAK)  

 

  
July 24
  th  

 

                        
  Eastern  
Time (ET)  
  Presentation     Ticker(s)  
  11:00 AM ET   Heliostar Metals Ltd.   (OTCQX: HSTXF | TSXV: HSTR)  
  11:30 AM ET   Camino Minerals Corp   (OTCID: CAMZF | TSXV: COR)  
  12:00 PM ET   West Red Lake Gold Mines   (OTCQB: WRLGF | TSXV: WRLG)  
  12:30 PM ET   Silver47 Exploration Corp.   (OTCQB: AAGAF | TSXV: AGA)  
  1:30 PM ET   Axcap Ventures Inc.   (OTCID: GARLF | CSE: AXCP)  
  2:00 PM ET   AbraSilver Resource Corp.   (OTCQX: ABBRF | TSX: ABRA)  
  2:30 PM ET   Myriad Uranium Corp.   (OTCQB: MYRUF | CSE: M)  

 

 
To facilitate investor relations scheduling and to view a complete calendar of Virtual Investor Conferences, please visit www.virtualinvestorconferences.com .

 

  About Virtual Investor Conferences   ®

 

Virtual Investor Conferences (VIC) is the leading proprietary investor conference series that provides an interactive forum for publicly traded companies to seamlessly present directly to investors.

 

Providing a real-time investor engagement solution, VIC is specifically designed to offer companies more efficient investor access. Replicating the components of an on-site investor conference, VIC offers companies enhanced capabilities to connect with investors, schedule targeted one-on-one meetings and enhance their presentations with dynamic video content. Accelerating the next level of investor engagement, Virtual Investor Conferences delivers leading investor communications to a global network of retail and institutional investors.

 

  Media Contact:  
OTC Markets Group Inc. +1 (212) 896-4428,   media@otcmarkets.com   

 

  Virtual Investor Conferences Contact:  
John M. Viglotti
SVP Corporate Services, Investor Access
OTC Markets Group
(212) 220-2221
johnv@otcmarkets.com  

 

  Primary Logo 

 

 

News Provided by GlobeNewswire via QuoteMedia

This post appeared first on investingnews.com

 

(TheNewswire)

 

  
  Pinnacle Silver and Gold Corp. 
 

  

  The recent installation of metal ladders provided new and safe access for the geological crew to sample a different portion of this zone on a sub-level, resulting in composite channel assays of   50.3 g/t Au and 269 g/t Ag over 1.7 metres, 34.6 g/t Au and 228 g/t Ag over 1.0 metre, 9.84 g/t Au and 141 g/t Ag over 4.2 metres and 8.33 g/t Au and 154 g/t Ag over 1.8 metres   .  

 

  ‘We continue to be impressed by the tenor and consistency of the grades at Pinos Cuates,’ stated   Robert Archer, Pinnacle’s President & CEO.  ‘While the underground workings give us access to a portion of the mineralized zone, we still don’t know its extent.  In these low-sulphidation epithermal systems, pockets of high-grade mineralization typically pinch and swell both along strike and up and down dip.  The underground work is allowing us to characterize the mineralization such that we will be better able to find and delineate other zones within the Dos de Mayo vein system.  Some follow up sampling on these results has already been conducted and we are planning an underground drilling program to better define the extent of this mineralized zone as it can be difficult to drill through underground workings from surface.’  

 

Individual Sample Results and Composite Channel Assays – Pinos Cuates Raise

 

                                                                                                      
 

Sample No.

 

 

Sample Length (m)

 

 

Composite No.

 

 

Composite Length (m)

 

 

Au g/t

 

 

Ag g/t

 

 

  EPUG25421  

 

 

1.0

 

 

13

 

 

1.0

 

 

34.6

 

 

228

 

 

EPUG25422

 

 

0.5

 

 

14

 

   

85.1

 

 

520

 

 

  EPUG25423  

 

 

0.6

 

 

14

 

   

30.5

 

 

143

 

 

  EPUG25424  

 

 

0.6

 

 

14

 

   

41.1

 

 

187

 

     

14

 

 

1.7

 

 

50.3

 

 

269

 

 

  EPUG25425  

 

 

0.8

 

 

15

 

   

7.8

 

 

59

 

 

  EPUG25426  

 

 

0.6

 

 

15

 

   

24.1

 

 

288

 

 

  EPUG25427  

 

 

0.7

 

 

15

 

   

5.8

 

 

138

 

 

  EPUG25428  

 

 

0.7

 

 

15

 

   

17.4

 

 

327

 

 

  EPUG25429  

 

 

0.7

 

 

15

 

   

4.0

 

 

38

 

 

  EPUG25430  

 

 

0.7

 

 

15

 

   

2.3

 

 

31

 

     

15

 

 

4.2

 

 

9.8

 

 

141

 

 

  EPUG25431  

 

 

0.5

 

 

16

 

   

10.7

 

 

214

 

 

  EPUG25432  

 

 

0.5

 

 

16

 

   

15.0

 

 

256

 

 

  EPUG25433  

 

 

0.8

 

 

16

 

   

2.7

 

 

52

 

     

16

 

 

1.8

 

 

8.3

 

 

154

 

 

  A total of 42 channel samples were taken in 16 composite channels in the raise.  Grades ranged from 0.105 to 85.1 g/t Au and 9 to 520 g/t Ag.  All samples were assayed for gold, silver and a suite of 32 other elements, including copper, lead and zinc.  However, the base metal assays were consistently low, confirming that this is a precious metal dominant system.  

 

  The Pinos Cuates mine is the middle of three historic mines along a 500 metre strike length on the Dos de Mayo vein system on the Potrero property.  Underground sampling is continuing at the Dos de Mayo mine to the southeast and will be followed by sampling of the La Dura mine to the northwest.  The vein system has been traced on surface for 1,600 metres and there are other parallel and splay veins that are being further defined as the property has never been systematically explored.  The mine workings are currently being accurately surveyed such that a 3D model can be created.  

 

QA/QC

 

  The technical results contained in this news release have been reported in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects (‘NI 43-101’).  Pinnacle has implemented industry standard practices for sample preparation, security and analysis given the stage of the Project.  This has included common industry QA/QC procedures to monitor the quality of the assay database, including inserting certified reference material samples and blank samples into sample batches on a predetermined frequency basis.  

 

  The systematic chip channel sampling was completed across exposed mineralized structures using a hammer and maul.  The protocol for sample lengths established that they were not longer than two metres or shorter than 0.3 metres.  The veins tend to be steeply dipping to vertical, and so these samples are reasonably close to representing the true widths of the structures.  Samples were collected along the structural strike or oblique to the main structural trend.  

 

  All samples were bagged in pre-numbered plastic bags; each bag had a numbered tag inside and were tied off with adhesive tape and then bulk bagged in rice bags in batches not to exceed 40 kg.  They were then numbered, and batch bags were tied off with plastic ties and delivered directly to the SGS laboratory facility in Durango, Mexico for preparation and analysis.  The lab is accredited to ISO/IEC 17025:2017.  All Samples were delivered in person by the contract geologist who conducted the sampling under the supervision of the QP.  

 

  SGS sample preparation code G_PRP89 including weight determination, crushing, drying, splitting, and pulverizing was used following industry best practices where all samples were crushed to 75% less than 2 mm, riffle split off 250 g, pulverized split to >85% passing 75 microns (μm).  All samples were analyzed for gold using code GA_FAA30V5 with a Fire Assay determination on 30g samples with an Atomic Absorption Spectography finish.  An ICP-OES analysis package (Inductively Coupled Plasma – Optical Emission Spectrometry) including 33 elements and 4-acid digestion was performed (code GE_ICP40Q12) to determine Ag, Zn, Pb, Cu and other elements.  

 

Qualified Person

 

  Mr. Jorge Ortega, P. Geo, a Qualified Person, and independent from Pinnacle, as defined by National Instrument 43-101, and the author of the NI 43-101 Technical Report for the Potrero Project, has reviewed, verified and approved for disclosure the technical information contained in this news release.  

 

  About the Potrero Property  

 

  El Potrero is located in the prolific Sierra Madre Occidental of western Mexico and lies within 35 kilometres of four operating mines, including the 4,000 tonnes per day (tpd) Ciénega Mine (Fresnillo), the 1,000 tpd Tahuehueto Mine (Luca Mining) and the 250 tpd Topia Mine (Guanajuato Silver).  

 

  High-grade   gold-silver mineralization occurs in a low sulphidation epithermal breccia vein system hosted within andesites of the Lower Volcanic Series and has three historic mines along a 500 metre strike length.  The property has been in private hands for almost 40 years and has never been systematically explored by modern methods, leaving significant exploration potential.  

 

  A previously operational 100 tpd plant on site can be refurbished / rebuilt and historic underground mine workings rehabilitated at relatively low cost in order to achieve near-term production once permits are in place. The property is road accessible with a power line within three kilometres.  Surface rights covering the plant and mine area are privately owned (no community issues).  

 

  Pinnacle will earn an initial 50% interest immediately upon commencing production.  The goal would then be to generate sufficient cash flow with which to further develop the project and increase the Company’s ownership to 100% subject to a 2% NSR.  If successful, this approach would be less dilutive for shareholders than relying on the equity markets to finance the growth of the Company.  

 

      About Pinnacle Silver and Gold Corp.  

 

  Pinnacle   is   focused   on   district-scale   exploration   for   precious   metals   in the Americas.  The high-grade Potrero gold-silver project in Mexico’s Sierra Madre Belt hosts an underexplored low-sulphidation epithermal vein system and provides the potential for near-term production   .   In the prolific   Red   Lake   District   of   northwestern   Ontario, the Company owns a 100%   interest in the   past-producing,   high-grade   Argosy   Gold   Mine and the adjacent North Birch   Project   with an eight-kilometre-long target horizon   .   With   a   seasoned,   highly   successful   management   team   and   quality   projects,   Pinnacle   Silver   and   Gold   is committed   to   building   long   -term   ,   sustainable   value   for   shareholders.  

 

  Signed: ‘Robert A. Archer’  

 

  President & CEO  

 

    For further information contact   :  

 

  Email:     info@pinnaclesilverandgold.com    

 

  Tel.:  +1 (877) 271-5886 ext. 110  

 

    Website:     www.pinnaclesilverandgold.com    

 

  Neither the TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this release   .  

 

Copyright (c) 2025 TheNewswire – All rights reserved.

 

 

News Provided by TheNewsWire via QuoteMedia

This post appeared first on investingnews.com

The artificial intelligence arms race is entering a new phase as major industry players ramp up investments to keep up with their rivals.

In the span of just a few weeks, the world’s biggest tech firms have unveiled a flurry of moves aimed at shoring up their positions, ranging from massive chip and data center deals to fresh funding rounds.

Oracle bets big on OpenAI’s Stargate vision

OpenAI has expanded its partnership with Oracle (NYSE:ORCL) to deliver an additional 4.5 gigawatts of data center capacity in the US, pushing the total capacity of its Stargate AI infrastructure platform to over 5 gigawatts.

According to the company, the development will run on more than 2 million chips and is poised to play a central role in OpenAI’s push to reindustrialize American tech infrastructure while delivering what it describes as the ‘benefits of AI to everyone.’

The agreement with Oracle alone will also generate over 100,000 jobs in the US, spanning construction, operations, and manufacturing roles. Much of the current work is already underway at the Stargate I site in Abilene, Texas, where Oracle began delivering racks of Nvidia’s new GB200 chips last month.

“We now expect to exceed our initial commitment thanks to strong momentum with partners including Oracle and SoftBank,” OpenAI said in the statement.

The original commitment, announced at the White House earlier this year, involved a pledge to invest US$500 billion into 10 gigawatts of AI infrastructure in the US over four years.

Google moves to repair media ties with AI licensing push

Alphabet’s (NASDAQ:GOOGL) Google announced that it is in the early stages of negotiating licensing deals with roughly 20 national news outlets as part of a pilot program aimed at securing content for AI training and product integration.

“We’ve said that we’re exploring and experimenting with new types of partnerships and product experiences, but we aren’t sharing details about specific plans or conversations at this time,” a Google spokesperson said in a statement as reported by Bloomberg.

The company representative declined to confirm which media outlets had been approached.

The outreach follows growing pressure on major AI companies to compensate publishers whose content is increasingly used to train chatbots and generative search tools.

Tensions between Silicon Valley and news publishers have escalated over the past year. In December 2023, the New York Times filed a copyright lawsuit against OpenAI and Microsoft (NASDAQ:MSFT), alleging that their AI models were trained on millions of Times articles without permission.

At the same time, platforms like Google Search and its Gemini-powered “AI Overviews” have continued to draw content from publishers without offering direct compensation, prompting fears that generative AI could further erode traffic to original news sources.

Reka AI hits US$1 billion valuation in Nvidia-led funding round

While OpenAI and Google scale infrastructure and broker content deals, venture capital continues to flow into AI startups aiming to disrupt the model development space.

On Tuesday (July 22), Reka AI—a lesser-known player developing efficient large language models—announced a US$110 million Series B round that vaulted its valuation above US$1 billion.

The round was backed by NVIDIA Corporation (NASDAQ:NVDA) and Snowflake (NYSE:SNOW), among others.

Founded in 2022 by former researchers from Google and Meta, Reka claims it can build powerful foundation models with greater efficiency than its larger peers. The startup has also expanded its product offerings to include enterprise tools for application logic and interface development.

Snowflake, which previously held acquisition talks with Reka, now plans to integrate Reka’s models into its customer offerings.

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

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