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Reports: Jaxson Hayes agrees to return to Lakers

Sport 2 Mins Read

The Los Angeles Lakers have a better idea of what its depth at center will look like with Jaxson Hayes expected to return to the team for another season.

Hayes has agreed to a one-year deal with the team, according to multiple reports. ESPN’s Shams Charania was the first to report this development. A contract figure for Hayes’ deal with the Lakers is not known at this time.

The news of Hayes’ return comes one day after ESPN reported that the team had agreed to a deal with center DeAndre Ayton.

Ayton is expected to take on the role as the starting center with Hayes likely coming off the bench.

Jaxson Hayes stats

Hayes averaged 6.8 points, 4.8 rebounds and 0.9 blocks in 19.5 minutes per game this past season for the Lakers. The former first-round pick started 35 of the 56 games he played last season. He shot a career-high 72.2% from the field during the regular season.

Hayes took on a bigger role with the team after the Lakers decided to trade away Anthony Davis to the Dallas Mavericks as part of the Luka Doncic trade. Hayes saw his role diminish during the postseason, where he averaged just 7.8 minutes per game in the first-round series against the Minnesota Timberwolves. The Lakers were eliminated from the playoffs after losing the series, 4-1.

This post appeared first on USA TODAY

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Editor's pick

Tariffs and weaker beer demand are weighing on Modelo owner Constellation Brands

Editor's pick 3 Mins Read

Constellation Brands on Tuesday reported quarterly earnings and revenue that missed analysts’ estimates as beer demand slid and tariffs on aluminum weighed on its profitability.

Still, the brewer reiterated its forecast for fiscal 2026, showing confidence that it can hit its financial targets despite the weaker-than-expected quarterly performance and higher duties.

Shares of the company fell less than 1% in extended trading on Tuesday evening but rose 3% during morning trading on Wednesday after the company’s conference call.

The stock has shed more than 20% of its value this year, fueled by concerns about how the higher duties imposed by President Donald Trump would affect demand for its beer.

Here’s what the company reported compared with what Wall Street was expecting, based on a survey of analysts by LSEG:

The report, which covers the three months ended May 31, includes the start of Trump’s tariffs on canned beer imports in early April. He also hiked trade duties on aluminum to 25% in mid-March and to 50% in early June.

Both imported beer and aluminum are crucial to Constellation’s beer business, which accounts for roughly 80% of the company’s overall revenue. Constellation’s beer portfolio only includes Mexican imports, like Corona, Pacifico and Modelo Especial, which overtook Bud Light as the top-selling beer brand in the U.S. two years ago.

Constellation reported fiscal first-quarter net income of $516.1 million, or $2.90 per share, down from $877 million, or $4.78 per share, a year earlier. Constellation’s operating margin fell 150 basis points, or 1.5%, in the quarter, in part driven by higher aluminum costs.

Excluding items, the brewer earned $3.22 per share.

Net sales dropped 5.8% to $2.52 billion, fueled by weaker demand for its beer and the company’s divestiture of Svedka vodka.

Constellation is still facing softer consumer demand, CEO Bill Newlands said in a statement. He attributed the weaker sales to “non-structural socioeconomic factors.” Constellation’s beer business saw shipment volumes fall 3.3%, caused by weaker consumer demand.

Last quarter, Newlands said Hispanic consumers were buying less of the company’s beer because of fears over Trump’s immigration policy. Roughly half of Constellation’s beer sales come from Hispanic consumers, according to the company.

But on Wednesday, Newlands demurred when asked about Hispanic consumer sentiment, saying that all shoppers are concerned about higher prices.

“When you see a fair amount of change, both Hispanic and non-Hispanic consumers are concerned about inflation and about cost structure,” Newlands said.

He added that consumers aren’t going out to eat as much and hosting fewer social occasions, which means they are drinking less beer. Still, he maintained that consumer interest in drinking beer hasn’t waned; while shoppers’ overall spending on beer has fallen, their relative spend on beer compared with their total grocery bill has held steady.

For fiscal 2026, Constellation continues to expect comparable earnings per share of $12.60 to $12.90. The company is projecting that organic net sales will range from declining 2% to rising 1%.

This post appeared first on NBC NEWS

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Editor's pick

Essence Fest leads a summer of events for Black entrepreneurs galvanized by economic uncertainty

Editor's pick 5 Mins Read

In a year when the U.S. consumer has been weighed down by economic uncertainty, geopolitical tensions and inflation, Black entrepreneurs are eager to get to the Essence Festival of Culture to connect with their core customers.

“Essence Fest is like my Black Friday,” said Rochelle Ivory, owner of beauty brand On the Edge Baby Hair. “It is my biggest sales weekend of the year. It’s where I make all the capital I reinvest in my business.”

Essence Fest kicks off on Friday, with roughly 500,000 people attending the event in New Orleans. It generates around $1 billion in economic activity, according to organizers.

“It’s the cannot-miss event for us,” said Brittney Adams, owner of eyewear brand Focus and Frame. She said this year Essence Fest is even more important because she’s seen Black consumers pulling back on spending.

“I would say the uncertainty of just the economic and political climate — that’s giving people a little bit of hesitancy. Should they save the money? Should they buy the things they want?” Adams said.

Ivory said her sales are down roughly 30% year over year, but she’s hopeful people come to New Orleans looking to spend their time and money in the festival marketplace.

“This could make or break some of us,” she said. “It’s one of the few places where Black women, Black founders can really come together and be seen.”

The Global Black Economic Forum aims to bring visibility and create solutions for Black business owners at Essence Fest. This year speakers include Supreme Court Justice Ketanji Brown-Jackson and Maryland Gov. Wes Moore. Last year, then-Vice President Kamala Harris spoke.

“We intentionally curate a space that allows leaders to preserve, build and reimagine how we can collectively increase economic opportunity to thrive,” said Alphonso David, CEO of the GBEF.

While many Black Americans express economic anxiety, the data is less clear.

In the first quarter of this year, according to Federal Reserve data, the median weekly salary for Black workers was $1,192 a 5% increase year over year. Black unemployment stood at 6% in the most recent jobs report, a historically low number, but still higher than the national average of 4.2%.

However, the data doesn’t appear to fully reflect the sentiment for many Black Americans who are concerned about the political, cultural and economic shifts that have taken place since President Donald Trump’s election.

“Never let a good crisis go to waste,” said John Hope Bryant, founder and CEO of Operation Hope, one of the nation’s largest non-profits focused on financial education and empowerment.

Bryant said he sees the concerns of Black Americans as an opportunity in the second half of 2025.

“This president has done something that hasn’t been done since the 1960s, which is unify Black America. Wealth was created in the early 20th century because Blacks were forced to work together. But instead of Black Lives Matter, let’s make Black capitalist matter,” he said.

Pastor Jamal Bryant of New Birth Missionary Baptist Church has galvanized Black consumers with an organized boycott of Target that began in February in response to the retailer’s decision to roll back diversity, equity and inclusion initiatives.

Bryant said he is in discussions with Target but is ready to organize a longer-term boycott if the retailer does not fulfill the promises it made to the Black community after the killing of George Floyd. He is urging Black Americans to use the estimated $2.1 trillion dollars in spending power forecast by 2026 to drive economic and political change.

“I would dare say that ‘pocketbook protests’ are a revolutionary activity,” said Bryant.

“I think we have to be very selective in light of the ‘Big Ugly Bill’ that just passed and how it will adversely affect our community,” he said, referencing Trump’s megabill that passed through Congress this week.

Invest Fest, an event that blends commerce and culture created by financially focused media company Earn Your Leisure kicks off in Atlanta in August.

Co-CEOs Rashad Bilal and Troy Millings said the event will remain focused on financial literacy, but this year they are emphasizing the urgent need for education and entrepreneurship in technology.

“It’s definitely now or never, the time is now,” said Bilal.

“The important thing this year is the way technology is going to disrupt a lot of career paths and the businesses, and we have to prepare for that, which is why AI is at the forefront of the conversation, crypto is at the forefront of the conversations, real estate as always and entrepreneurship,” said Millings.

New this year is a partnership with venture capital firm Open Opportunity and a pitch competition where an entrepreneur can win $125,000 in funding to scale their business.

“We need more businesses that can reach $100 million valuation to a $1 billion valuation, get on the stock market. The pathway to that 9 times out of 10 is technology,” Bilal said.

The National Black MBA Association Conference in Houston in September will have a similar tone. The event is known for its career fair where the nation’s largest companies recruit as well as for networking and vibrant social activities.

This year, interim CEO Orlando Ashford is working to establish artificial intelligence education and financial literacy as pillars of the event.

“Doing business as usual is not an option,” Ashford told CNBC. “AI is something I literally refer to as a tsunami of change that’s on its way. All of us will be forced to pivot in some ways as it relates to AI. Those of us that are out in front, that embrace it and leverage it actually can turn it into a tremendous and powerful opportunity. Those that wait and ignore it will be overtaken by the wave.”

This post appeared first on NBC NEWS

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Stock

Market Signals Align – Is a Bigger Move Ahead?

Stock 1 Min Read

This week, Frank analyzes recent technical signals from the S&P 500, including overbought RSI levels, key price target completions, and the breakout potential of long-term bullish patterns. He examines past market breakouts and trend shifts, showing how overbought conditions historically play out. Frank also walks through a compelling mean-reversion trade idea in Apple, emphasizing its lagging performance and potential rebound based on past patterns.

This video originally premiered on July 2, 2025.

You can view previously recorded videos from Frank and other industry experts at this link.

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Stock

MACD Crossovers: Why Most Traders Get It Wrong

Stock 1 Min Read

Joe presents a deep dive into MACD crossovers, demonstrating how to use them effectively across multiple timeframes, establish directional bias, and improve trade timing. He explains why price action should confirm indicator signals, sharing how to identify “pinch plays” and zero-line reversals for higher-quality setups. Joe then analyzes a wide range of stocks and ETFs, from QQQ and IWM to Nvidia, Tesla, Palantir, and Reddit; he highlights the importance of momentum, relative strength, and ADX in spotting potential reversals or breakouts. This video is a must-see for traders looking to sharpen their multi-timeframe analysis.

The video premiered on July 2, 2025. Click this link to watch on Joe’s dedicated page.

Archived videos from Joe are available at this link. Send symbol requests to stocktalk@stockcharts.com; you can also submit a request in the comments section below the video on YouTube. Symbol Requests can be sent in throughout the week prior to the next show.

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Stock

Should You Buy Roblox Stock Now? Key Levels to Watch

Stock 5 Mins Read

Roblox Corporation (RBLX), the company behind the immersive online gaming universe, has been on a strong run since April. This isn’t the first time the stock demonstrated sustained technical strength: RBLX has maintained a StockCharts Technical Rank (SCTR) above 90, aside from a few dips, since last November.

Currently, RBLX is showing up on a few scans that may signal an opportunity for those who are bullish on the stock. It currently ranks among the SCTR Report Top 10, but also appeared on a few cautionary scans, including the Parabolic SAR Sell Signals and Overbought with a Declining RSI scans (both of which are available in the StockCharts Sample Scan Library).

So here’s the question: Is RBLX a strong stock that’s about to undergo a buyable dip?

Weekly Chart: Key Breakout and Resistance Levels

Before we explore that question, let’s take a look at a weekly chart for a broader perspective.

FIGURE 1. WEEKLY CHART OF RBLX. The stock is barely above halfway between its three-year lows and highs. If it delivers the growth investors expect, you could see another leg higher once the pullback completes.

The weekly chart shows RBLX trading in a broad range from late 2022 to late 2024, repeatedly failing to clear resistance near $47–$48. When it finally broke out in November, the stock’s technical strength was reflected in its SCTR score, which held a sustained position above the 90 line save a few declines.

Breaking above the $47–$48 resistance was a key move, as that level turned into support in December and again in April, where RBLX established a base ahead of its current rally. The subsequent move up was sharp, arguably even parabolic, peaking at $106.17 before pulling back.

If you look closely, you’ll see a swing high at around the $125 level (December 2022). This marks a technical level that happens to align with several Wall Street price targets. The blue line at $140 marks RBLX’s all-time high. Both levels can serve as potential price targets and are also likely to act as resistance.

RBLX is a technically strong stock that is fundamentally robust, despite remaining unprofitable on a GAAP basis. With strong user engagement, accelerating revenue growth, and plenty of free cash flow, it’s a favorable growth stock. However, it’s overbought. So, for those looking to get in, what are the key levels to watch out for?

Daily Chart: Fixed and Dynamic Support Levels to Watch

Let’s shift over to a daily chart.

FIGURE 2. DAILY CHART OF RBLX. Although the stock is currently overbought, there are plenty of support levels below. If you’re bullish on the stock, now’s the time to add RBLX to your ChartLists and set price alerts.

The strength of RBLX’s current surge is highlighted by the Bollinger Bands. The stock has been “walking the band” over the past two months. Now that it has pulled back, it appears to be bouncing off the middle band, suggesting that investors are still accumulating the stock.

As far as the pullback is concerned, the Money Flow Index (MFI), a volume-weighted Relative Strength Index (RSI), shows that RBLX entered overbought territory in May and began declining in late June, revealing a divergence between MFI and price—an early signal that RBLX was about to pull back. That pullback materialized on Tuesday. Whether it continues in the coming sessions is something we’ll have to see. In contrast, the Chaikin Money Flow (CMF), a measure of volume-based momentum, suggests that buying pressure is still relatively strong.

Whether RBLX continues advancing or pulls back in the near term, keep an eye on the Bollinger Bands for potential support. You may also encounter a bounce and favorable entry point at $92.50, a “local” swing low.

Another stronger support level sits near $75, aligning with the February and April swing highs. HOWEVER, that’s a huge drop; if the price falls toward this level, you’d have to reevaluate the stock’s momentum, volume, market sentiment, and the broader economic factors that may be driving such a decline.

When to Consider Entering RBLX

If you’re bullish on the stock, RBLX is something you’ll want to monitor in the days ahead. Add it to your ChartLists and observe how it acts within the context of the Bollinger Bands. If the stock declines further, you may want to set a price alert at $92.50 to see how price responds to this recent swing low. As mentioned above, further declines would warrant a re-evaluation, so keep a close eye on the price action.

Is Roblox Stock Still a Buy?

RBLX’s surge reflects growing optimism about the company’s future growth prospects. While it isn’t profitable yet by GAAP standards, its strong performance relative to analyst expectations and its strong free cash flow have made it something of a Wall Street darling. For now, the technicals are the proof in the pudding. If it is what growth investors seek, the price action should provide evidence before the fundamentals validate it in the coming earnings quarters.

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

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Stock

Missed Disney’s Rally? Grab This Defined-Risk Put Spread for a Second Chance

Stock 4 Mins Read

Stocks keep notching record highs. If you’re like most investors, you’re probably wondering, “Should I really chase these prices or sit tight and wait for a pullback?”

Instead of overthinking and ending up in Analysis-Paralysis land, however, it may be worth exploring other avenues — and maybe even something you’ve never thought of.

Enter bearish counter-trend options strategies. Yup, it sounds crazy, especially when the S&P 500 ($SPX) and Nasdaq Composite ($COMPQ) closed at fresh highs. But here’s the reality: a well-planned put strategy has the potential to generate some revenue while you wait for the market to slow down or pull back. I got the idea after watching a recent video that dives into these strategies (worth watching if you haven’t).

Finding an Optimal Options Strategy

If you click the OptionsPlay Strategy Center tab on your StockCharts Dashboard (OptionsPlay Add-On for StockCharts required), choose the Bearish Counter Trend or Bullish Counter Trend categories (depending on whether the market is bullish or bearish), and then select the Bear Put Spread strategy, you’ll see all the stocks that meet the criteria. Since stocks are in a bullish trajectory, I decided to look at stocks in the Bearish Counter Trend list. I also chose the 45-day timeframe, a balanced risk profile, and $2,500 max risk. I sorted the list based on IV rank. Walt Disney Co. (DIS) made it to the top of the list.

A couple of points to consider:

  • A risk/reward ratio of 0.6 to 1
  • Disney’s earnings date of August 6, which falls before the spread expires.

However, looking through the other charts on the list, DIS appeared to be the most likely to pull back in the near term.

Here’s where the beauty of options comes into play. They’re extremely flexible, and you can tweak the strategies to give you a risk/reward that’s more desirable.

With that in mind, let’s dive into Disney’s stock chart and consider how low the stock could go.

Disney’s Daily Chart

Looking at the daily chart of DIS, the stock price has pulled back a bit, and momentum, although relatively high as indicated by the relative strength index (RSI) and percentage price oscillator (PPO), is showing signs of slowing down. If momentum continues to weaken, DIS could move lower and fall to around the $120 level (dashed blue horizontal line).

FIGURE 1. DAILY CHART OF DISNEY STOCK. DIS has been rising after its early May gap up. It’s now pulling back, and Disney’s stock price closed today at $122.98.Chart source: StockCharts.com. For educational purposes.

The Put Spread Can Bring a Little Magic

If you click the Options tab below the chart, you’ll see three strategies you could apply. Since I have a bearish bias, I clicked the Bearish button. The three optimized strategies that came up:

  •  Sell 100 shares of DIS.
  • Buy one DIS put.
  • Buy a put vertical. The put vertical has the highest OptionsPlay score and is the one that aligns with the bearish counter-trend strategy.

Looking at the risk curve for the put spread — buying 1 Aug 15 125 put and selling 1 Aug 15 110 put (see below) — you’re risking $471 for a potential reward of $1029. This is slightly better than a 0.6 to 1 risk/reward ratio. The breakeven level is $120.29, which aligns with the support level on the price chart. At least there’s a high probability of breaking even, although you want to do better than that. DIS could fall below the $120 level. I would consider placing this trade.

FIGURE 2: RISK CURVES FOR THREE OPTIMAL STRATEGIES FOR TRADING DIS STOCK. The put vertical spread has the best score, defined-risk, and an attractive payoff.Chart source: StockCharts.com. For educational purposes.

Final Thoughts

Options are dynamic, and if you decide to put on the trade, monitor your open positions regularly. With options, it’s not just about price. Time decay and volatility can change the premiums. If these variables change significantly, consider adjusting your trade.

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

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Investing

3 Key Themes from Fastmarkets’ 2025 Lithium Supply & Battery Raw Materials Event

Investing 6 Mins Read

Market volatility, Chinese control, supply chain risk mitigation and financing emerged as some of the most prevalent themes at the 2025 Fastmarket’s Lithium Supply Battery Raw Materials (LBRM) conference in Las Vegas.

The event, which is in its 17th year, drew a crowd of roughly 1000 delegates, industry experts and analysts, to discuss the current landscape and future projections of the battery materials sector.

During his opening remarks, Fastmarkets CEO Raju Daswani highlighted the growth and maturation the battery raw materials sector has experienced.

“We meet here at an extraordinary moment, the global lithium and battery materials industry is no longer a niche … It is now central to energy security, to industrial policy and to geopolitical strategy,” he said.

Daswani then went on to set the tone for the conference by posing four key questions about the current market designed to guide attendees’ thinking throughout the event.

  1. Decoupling vs. Interdependence: Can the US and China truly decouple their lithium and battery supply chains, or will market realities force continued interdependence?
  2. Technology Leadership Race: Who will lead battery innovation?
  3. Price Sustainability: How sustainable is the current lithium price environment?
  4. Hidden Supply Chain Risks: What proactive steps can the industry take to address emerging risks like permitting delays, power constraints, community opposition, water limitations, talent shortages, and geopolitical instability in critical mining regions?

These questions framed the agenda for the four day event while also underscoring some of the key challenges and strategic considerations facing the global lithium and battery raw materials industry.

Robust growth projections

China’s dominance in the battery metals space was a central theme at the conference and explored via a variety of angels including supply and demand dynamics, growth projections and collaboration.

At the “Lithium Market Outlook 2025–2035: Navigating Demand Across EVs, Storage, and Strategic Sectors” presentation, Paul Lusty, head of battery raw materials at Fastmarkets painted a bullish picture for the future of lithium prices, despite the current challenges the market is facing.

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,” he said.

Although prices have floundered since 2022, the Fastmarkets team is projecting a 12 percent CAGR through to 2035.

“The long term outcome looks incredibly bullish and very compelling, 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.”

These trends include the urgent drive for climate change mitigation, the once in a generational shift in the global energy system, and the rise of energy intensive technologies such as artificial intelligence.

China’s place in western supply

As Daswani noted in his opening remarks China’s role in the battery metal sector was a recurring topic at the conference, with several speakers and panelists weighing in.

In one of the most compelling panels “Decoding the China Playbook’, panelists recounted the country’s nearly two decade long strategy to develop a robust, vertically integrated supply chain.

Iggy Tan, chairman of Lithium Universe (ASX:LU7,OTCPink:LUVSF), told the crowd China’s dominance in the battery metals sector began with a national goal of lowering vehicle emissions in the cities.

“(The) strategy was to reduce pollution in the cities, and that started the battery revolution,” he said of the nation’s switch to electric scooters and cars.

Additionally, the decision was further supported by a long term mandate.

“With the 15 year plan, government regulations, incentives, and investment started to flow according to the plan,” said Tan. “One of the downsides with Western economies is that (the government) changes every four years, whereas in China, the plan is just updated, and you can make long term investments in this area.”

As Joe Lowry, president of Global Lithium (ASX:GL1,OTCPink:GBLRF) and widely considered ‘Mr. Lithium’, added the battery supply chain in China, was further strengthened in 2003 when then president Hu Jintao selected the battery industry among his 10 Champion Industries.

Over the two decades since the Asian nation has invested heavily up and down the supply chain.

“If it was a TV show, it would be Survivor. China, outplayed, outwitted, and outlasted their competition,” said Lowry.

Financing the future

As with most cyclical commodities once lithium prices began to fall financing and investment also declined. Although the long term demand outlook is poised to benefit from battery sector expansion and energy storage system growth, the current glut in the market has created a challenge for Western companies.

This was reiterated by SC Insights Founder and Managing Director Andy Leyland, who used a colour coded chart to explain the discrepancy.

Leyland noted that at current low lithium prices (around US$7,000 per ton), companies are not making final investment decisions (FIDs) for new lithium projects.

Additionally over the past 12 months, hardly any FIDs have been happening in the industry. This is because at such low price levels, most projects are not financially viable.

Producers are cutting back on capital expenditures and are unable to justify new investments. The low prices make it economically challenging for companies to move forward with new lithium production projects, effectively freezing new developments in the sector.

This sentiment was echoed at the “Unlocking Funding: Bridging the Liquidity Gap and the Battery Market” panel, where YJ Lee, director and co-fund manager at Arcane Capital Advisers offered advice for junior miners.

“There’s very little financing available. So the junior miners … have to really cut the corporate costs, keep that as low as possible. But the operations must go on. They must continue drilling. They must continue developing. Because the next up cycle, I believe, is just around the corner.”

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

This post appeared first on investingnews.com

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Investing

Walker Lane Resources Ltd. Receives Positive Results from Airborne Geophysical Surveys and Geological Mapping Completed by Coeur on the Silverknife Property, BC and also are Clarifying Details Related to their recent Nevada Transactions

Investing 15 Mins Read

Walker Lane Resources Ltd. (TSX-V:WLR, FRA: 6YL) (the ‘Company’ or ‘Walker Lane’) is pleased to announce that is has received results from Coeur Silvertip Holdings Ltd. (‘Coeur’) on field geophysical and geological studies completed in late 2024 on the Silverknife Property, British Columbia. Coeur contracted Expert Geophysics Limited (‘Expert’) and Precision Geophysics (‘Precision’) to complete the airborne geophysical surveys, and 39627 Yukon Inc. to complete geological mapping of the Silverknife Property and an initial geochemical survey of the northern portion of the property.

This work was completed by Coeur as a part of the option agreement for the Silverknife Property with Walker Lane. The four-year option agreement provides for $3.55 million in work expenditures and $500,000 in property payments by Coeur to earn a 75% interest in the Silverknife Property which is immediately adjacent to Coeur’s Silvertip Mine claims.

The primary results of these work efforts are:

  • The geological map of the property is now significantly revised and better defines the location of prospective lithological units;
  • The geophysical surveys served to:
    • Define the presence of complex fault structures;
    • Present additional conductivity data;
    • Identify a potential new prospective zone in the northeastern section of the property; and
    • Enhance the continued prospectivity of the Tootsee River North, Silverknife Central and Silverknife South zones of exploration prospectivity.

Kevin Brewer, President and CEO of Walker Lane noted, ‘We are very pleased with that the geological mapping and airborne geophysics has clearly served to better define and confirm the zones of exploration prospectivity. This work identified key structural features such as faults which are known in the region to be controls and loci of mineralization. Other features such the presence of fugitive calcite in outcrops typically demonstrates that you are in close proximity toa potential carbonate replacement deposit (‘CRD’). The four prospective areas on the Silverknife property are both significant and of substantial areal extent and present valid drill targets for future exploration efforts. The property has been subjected to limited drilling confined primarily to the Silverknife Prospect that in itself remains open for further expansion along strike and at depth. Given the propensity of potential mineralization in such close proximity to the Silvertip deposit, one of the world’s largest and highest grade CRD deposits, finding this much prospectivity is a very exciting development. There clearly is a great amount of work to be completed at Silverknife. We look forward to Coeur’s continued commitment to explore Silverknife, which may include some drilling.’

Precision Geophysics – Airborne High Resolution Gradient Magnetic and Radiometric Survey Results

When magnetic and radiometric data are integrated into a single-pass airborne geophysical survey, they provide complimentary information that serve as a robust geophysical framework. The magnetic and radiometric data collected by Precision was useful in mapping lithology, structure and alteration features present on the Silverknife Property. The Total Magnetic Intensity (‘TMI’) data (see Figure 1) indicated the potential existence of three main lineaments within the Silverknife Property. In the instance of Silverknife, the lineaments express underlying geological structures such as faults. Faults are important as they present corridors for the migration of mineralizing fluids. Two lineaments, northeasterly and northwesterly trending are prominent throughout the property area. The third lineament is a more northerly feature that occurs in the area of the Silverknife Property. The most prominent structural feature identified from the TMI data, was a northeasterly trending structure known as the SVT NE Fault, which is a major regional fault that transects the central portion of the Silverknife Property. In this area, the SVT NE Fault and the secondary lineaments appear to be in a cross-cutting relationship which are often prime target areas for mineralization, and are considered highly prospective as the coincide with historical soil geochemical anomalies in the Silverknife Central Zone. Geological mapping has also indicated the presence of Atan and Kechika Group limestones in this area which are favorable rock units to host carbonate replacement deposits. The Silvertip mine is characterized as a carbonate replacement deposit. In addition, the potential of additional structures throughout the Silverknife Central Zone to the western boundary of the Silverknife claims presents numerous targets for drilling and expansion of mineralization identified in the Silverknife Property, and this area is yet to be drilled.

Figure 1: Total Magnetic Intensity survey with geological and structural interpretation by Symonds (2024). Note the potential cross cutting fault structures in the central portion of the property (after Precision, 2024).

The Precision TMI data also indicated a near-north trending fault that cuts the McDame Limestones and Tapioca Group in the Silverknife South Zone. The TMI data was complimented by Residual Magnetic Intensity (‘RMI’) and Reduced to Magnetic Pole (‘RTP’) that also showed the same structural lineaments.

In-line gradient (‘ILG’) and horizontal gradient showed the same structure features as the TMI data (see Figures 2a and 2b).

Figure 2a: In Line gradient survey (ILG) with lineament interpretation in the Silverknife region (After Precision, 2024).


Figure 2b: Horizontal Gradient (HG) with lineament interpretation in the Silverknife region (After Precision, 2024).

However, they also showed the potential for more complex faulting along the southern and northern contacts of the Cassiar batholith that could represent block faulting in the metasediments. In addition, this data showed the presence of a north-oriented structure in the northeastern most portion of the Silverknife Property, that presented a new area of exploration prospectivity previously undetected.

Calculated Vertical Gradient (‘CVG’) data (see Figure 3) presented a distinct continuum of structures extending from south of the Silverknife Property into the Silverknife South Zone.

Figure 3: Calculated Vertical Gradient (CVG) with lineament interpretation of the Silverknife region (after Precision, 2024).

The radiometric data serves to delineate the extent and potential contacts of different lithological rock units. Areas of high potassium were noted to occur in the Tootsee River North and the Northeastern zones. The significance of this data is not yet determined.

Expert Geophysics Helicopter-Borne Electromagnetic and Magnetic Survey Results

Electromagnetic and magnetic surveys were carried out to:

  • Provide data to aid in mapping bedrock structures and lithologies, including possible alteration and mineralization zones;
  • Provide observations of apparent conductivity corresponding to different frequencies;
  • Inverting EM data to obtain the distribution of resistivity with depth; and
  • Collecting VLF-EM and magnetic data to study properties of the bedrock units.

The electromagnetic survey verified information from the data in Precision’s surveys but also identified new information (see Figures 4a and 4b). A conductivity low south-southeast of the Silverknife Property suggests the presence of a near surface intrusive in that area. This is important because an intrusive provides a potential heat source and driver for mineralizing fluids into the overlying sediments which comprise of limestones and sandstone which are good hosts for CRD mineralization. The survey also indicated a conductivity high in the northeastern zone further strengthening exploration interest in that area.

Figure 4a: Electromagnetic apparent conductivity at 49 Hz in the Silverknife region. Note the anomaly in the northeastern part of the property (After EGL, 2024).

Figure 4b: Electromagnetic apparent conductivity at 1067 Hz in the Silverknife region (After EGL, 2024).

Several axes of high conductivity/low resistivity were found to transect the Silverknife Property and are coincident with interpreted fault structures (see Figure 5). This relationship is important as mineralization within the Rancheria Silver District is often associated with faults and may also be correlated with the axes of a conductivity anomaly.

Three conductive axes occur in the (i) Tootsee River North Zone; (ii) the Silverknife Central Zone; and (iii) coincident with the regional SVT NE Fault structure that transects the central portion of the property. This last axis extends from outside of the Silverknife claim block and thence east-northeasterly across the entire claim block. This therefore represents the potential for a major fault structure with the geophysical signatures of silver rich CRD being that of high conductivity and low resistivity. Additional resistivity data enabled the development of a three-dimensional lithographic model suggesting the orientation and extent of the rock units within the Silverknife Property. This information is expected to significantly aid the planning of future drill programs.

VLF-EM data served to further verify other datasets as to the possible extent and location of fault structures within the Silverknife Property.

Figure 5: Axes of conductive and resistivity anomalies in the frequency range of 165-267 Hz plotted on a Total Magnetic Intensity color grid (After EGL, 2024).

Geological Mapping

An updated geological map (see Figure 6) has been constructed from field mapping, drill data, and geophysical surveys. The extent of prospective units to host CRD mineralization has been found to be considerable. More specifically, the highly prospective McDame limestone occurs in both the Tootsee River North Zone and the Silverknife South Zone. Other prospective units in the central part of the property including the Atan and Kechika Group limestones occur within the central portion of the property which is now assumed to be of significant prospectivity from previous known CRD mineralization, and positive geochemical and geophysical signatures.

Summary

This recent geophysical work in combination with property mapping and previous geophysical data has contributed significantly to the understanding of the geology of the Silverknife Property. It has also contributed significantly to better defining targets for CRD mineralization and assisting to pinpoint targets for extensive drill campaigns.

Figure   6   :   Geology Map of the Silverknife Property (After Symonds, 2024)

Clarification of Nevada Transactions

The Company wishes to clarify that in its June 9, 2025 Press release all payments to be made to the optionors are to be made in US Dollars, the floor price for the shares that may be used to make property payments is also in US dollars at $0.21 USD, and the maximum number of common shares that could be issued by property are as follows:

  • Tule Canyon: 952,381
  • Cambridge: 500,000
  • Silver Mountain: 500,000

for a total number of common shares that could be issued to be 1,952,381 for the life of the agreements.

Qualified Person

Kevin Brewer, a registered professional geoscientist, is the Company’s President and CEO, and Qualified Person (as defined by National Instrument 43-101). He has given his approval of the technical information reported herein. The Company is committed to meeting the highest standards of integrity, transparency and consistency in reporting technical content, including geological reporting, geophysical investigations, environmental and baseline studies, engineering studies, metallurgical testing, assaying and all other technical data.

About Walker Lane Resources Ltd.

Walker Lane Resources Ltd. is a growth-stage exploration company focused on the exploration of high-grade gold, silver and polymetallic deposits in the Walker Lane Gold Trend District in Nevada and the Rancheria Silver District in Yukon/B.C. and other property assets in Yukon. The Company intends to initiate exploration programs to advance the drill-ready Tule Canyon (Walker Lane, Nevada) and Amy (Rancheria Silver, B.C.) projects to resource definition stage through proposed drilling campaigns that the Company desires to undertake in the near future.

On behalf of the Board:
‘Kevin Brewer’
Kevin Brewer, President, CEO and Director
Walker Lane Resources Ltd.

For Further Information and Investor Inquiries:

Kevin Brewer, P. Geo., MBA, B.Sc. (Hons), Dip. Mine Eng.
President, CEO and Director
Tel: (709) 327 8013
kbrewer80@hotmail.com
Suite 1600-409 Granville St.,
Vancouver, BC, V6C 1T2

Cautionary and Forward-Looking Statements

This press release and related figures, contain certain forward-looking information and forward-looking statements as defined in applicable securities laws (collectively referred to as forward-looking statements). These statements relate to future events or our future performance. All statements other than statements of historical fact are forward-looking statements. The use of any of the words ‘anticipate’, ‘plans’, ‘continue’, ‘estimate’, ‘expect’, ‘may’, ‘will’, ‘project’, ‘predict’, ‘potential’, ‘should’, ‘believe’ ‘targeted’, ‘can’, ‘anticipates’, ‘intends’, ‘likely’, ‘should’, ‘could’ or grammatical variations thereof and similar expressions is intended to identify forward-looking statements. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements. These statements speak only as of the date of this presentation. These forward-looking statements include, but are not limited to, statements concerning: our strategy and priorities including certain statements included in this presentation are forward-looking statements within the meaning of Canadian securities laws, including statements regarding the Tule Canyon, Cambridge, Silver Mountain, and Shamrock Properties in Nevada (USA), and its properties including Silverknife and Amy properties in British Columbia, the Silver Hart, Blue Heaven and Logjam properties in Yukon all of which now comprise the mineral property assets of WLR. WLR has assumed other assets of CMC Metals Ltd. including common share holdings of North Bay Resources Inc. and all conditions and agreements pertaining to the sale of the Bishop mill gold processing facility and remains subject to the condition of the option of the Silverknife Property with Coeur Silvertip Holdings Ltd. These forward-looking statements reflect the Company’s current beliefs and are based on information currently available to the Company and assumptions the Company believes are reasonable. The Company has made various assumptions, including, among others, that: the historical information related to the Company’s properties is reliable; the Company’s operations are not disrupted or delayed by unusual geological or technical problems; the Company has the ability to explore the Company’s properties; the Company will be able to raise any necessary additional capital on reasonable terms to execute its business plan; the Company’s current corporate activities will proceed as expected; general business and economic conditions will not change in a material adverse manner; and budgeted costs and expenditures are and will continue to be accurate.

Actual results and developments may differ materially from results and developments discussed in the forward-looking statements as they are subject to a number of significant risks and uncertainties, including: public health threats; fluctuations in metals prices, price of consumed commodities and currency markets; future profitability of mining operations; access to personnel; results of exploration and development activities, accuracy of technical information; risks related to ownership of properties; risks related to mining operations; risks related to mineral resource figures being estimates based on interpretations and assumptions which may result in less mineral production under actual conditions than is currently anticipated; the interpretation of drilling results and other geological data; receipt, maintenance and security of permits and mineral property titles; environmental and other regulatory risks; changes in operating expenses; changes in general market and industry conditions; changes in legal or regulatory requirements; other risk factors set out in this presentation; and other risk factors set out in the Company’s public disclosure documents. Although the Company has attempted to identify significant risks and uncertainties that could cause actual results to differ materially, there may be other risks that cause results not to be as anticipated, estimated or intended. Certain of these risks and uncertainties are beyond the Company’s control. Consequently, all of the forward-looking statements are qualified by these cautionary statements, and there can be no assurances that the actual results or developments will be realized or, even if substantially realized, that they will have the expected consequences or benefits to, or effect on, the Company.

The information contained in this presentation is derived from management of the Company and otherwise from publicly available information and does not purport to contain all of the information that an investor may desire to have in evaluating the Company. The information has not been independently verified, may prove to be imprecise, and is subject to material updating, revision and further amendment. While management is not aware of any misstatements regarding any industry data presented herein, no representation or warranty, express or implied, is made or given by or on behalf of the Company as to the accuracy, completeness or fairness of the information or opinions contained in this presentation and no responsibility or liability is accepted by any person for such information or opinions. The forward-looking statements and information in this presentation speak only as of the date of this presentation and the Company assumes no obligation to update or revise such information to reflect new events or circumstances, except as may be required by applicable law. Although the Company believes that the expectations reflected in the forward-looking statements and information are reasonable, there can be no assurance that such expectations will prove to be correct. Because of the risks, uncertainties and assumptions contained herein, prospective investors should not read forward-looking information as guarantees of future performance or results and should not place undue reliance on forward-looking information. Nothing in this presentation is, or should be relied upon as, a promise or representation as to the future. To the extent any forward-looking statement in this presentation constitutes ‘future-oriented financial information’ or ‘financial outlooks’ within the meaning of applicable Canadian securities laws, such information is being provided to demonstrate the anticipated market penetration and the reader is cautioned that this information may not be appropriate for any other purpose and the reader should not place undue reliance on such future-oriented financial information and financial outlooks. Future-oriented financial information and financial outlooks, as with forward-looking statements generally, are, without limitation, based on the assumptions and subject to the risks set out above. The Company’s actual financial position and results of operations may differ materially from management’s current expectations and, as a result, the Company’s revenue and expenses. The Company’s financial projections were not prepared with a view toward compliance with published guidelines of International Financial Reporting Standards and have not been examined, reviewed or compiled by the Company’s accountants or auditors. The Company’s financial projections represent management’s estimates as of the dates indicated thereon.

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