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  • Ty Simpson, a redshirt junior, has been named Alabama’s starting quarterback.
  • Simpson, a former five-star recruit, has limited college experience but is considered highly talented.
  • Simpson’s father and coaches have noticed increased confidence and maturity in his approach to the game.

Thomas Morris knows Ty Simpson better than most. 

Morris trained Simpson starting in eighth grade for QB Country in Memphis, Tennessee. Morris watched Simpson blossom into the five-star quarterback who signed with Alabama, played under Nick Saban and alongside Bryce Young and Jalen Milroe.

Morris, who came to Alabama from for Westview High School in Martin, Tennessee, was one of Simpson’s first calls when the Alabama redshirt junior quarterback was named as the Crimson Tide’s starter, two weeks before the start of the season.

But even then, as Simpson prepares for Alabama’s Aug. 30 opener against Florida State, Morris still doesn’t know what Simpson, the Crimson Tide’s starting quarterback, will look like. 

“I don’t think anyone really knows what we have in Ty yet,” Morris told The Tuscaloosa News. “And that goes to me. I don’t know what’s going to happen when the lights are on.” 

Simpson has fewer than 200 snaps of playing time, having sat behind Milroe and Young for three seasons. And when Simpson steps behind center at Doak Campbell Stadium against the Seminoles, it will be his first time as an Alabama starter, winning the role over redshirt sophomore Austin Mack and freshman Keelon Russell.

But Morris knows what Simpson could be. Simpson is “one of the most talented guys I have ever been around” and “a first-round talent type of quarterback.” 

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That’s the message Morris shared when Simpson told him he was Alabama’s starting quarterback: It’s time to show the college football world who Simpson can be. 

“I think he’s been waiting patiently to show the world that, ‘I’m this guy, I’m this talented, I can lead this team to heights just like these other greats that have come through,’” Morris said. 

“I think he wants to be a great. He wants to be an all-timer.” 

‘I do not need to be Superman’

At Westview High, Simpson could be “Superman.” 

Based on arm talent and athleticism alone, Simpson could take over a game by himself, ‘running around like he’s Johnny Manziel making crazy throws and crazy plays,” Morris said. It’s how Simpson became a five-star quarterback. It’s how he caught Alabama’s attention initially. 

But a superhero was not what the Crimson Tide needed. 

“People talked with Saban about being a ‘system quarterback,’” Morris said. “Really, what this means is how do you run this offense, right? And I think, for Ty, it was just learning how to run an offense knowing, ‘I do not need to be Superman. I have five-star receivers. I have five-star running backs and tight ends. I can just dump it off to them. Not everything needs to be a big play.’” 

It’s learning how to take what opposing defenses are giving, taking a check-down if necessary, anticipating windows and knowing when a play is over. 

It’s learning how to run the show. 

“Everybody wants to push the ball downfield and make Brett Favre-style plays and stuff like that,” said Jason Simpson, Ty’s father and Tennessee-Martin’s football coach. “Just through maturity-wise, Ty’s learned … it’s calculated risk, I’d tell you that. (Those are) conversations I’ve had with him, anyway. … Completions, get first downs.” 

At Alabama, it’s known as the ‘gimme’ offense: making the easy plays easy and, simply, moving the ball downfield as safely as possible.

It’s what Mac Jones did at Alabama, Morris said.

Jones turned his redshirt junior season with the Crimson Tide − his first as a starter − into an NFL draft first-round selection, leading leading the SEC in completion percentage and passing yards. He also took the Crimson Tide to a national championship.

“Mac just knew how to get his playmakers the ball. And he had amazing playmakers,” Morris said, adding that Jones is “not nearly as talented” as Simpson is physically. 

But through Jones, Morris said, Simpson found an opportunity. 

“I think Ty saw that and said, ‘Man, if it takes three years, it takes three years. But I want to win a national championship. I want to get coached by the best. I want to be the best.’ 

How Ty Simpson became the right fit for Alabama football QB

The path was set for Simpson. It’s been done before at Alabama. But to run the show for the Crimson Tide, Simpson admits he first had to mature. 

As a younger quarterback, battling for playing time with Young and Milroe, Simpson would call his father, Jason, after each practice and each scrimmage, breaking down each play made or missed and dissecting each praise or critique he received from the coaching staff. 

Comparison ruled Simpson’s mind, leading to worry and anxiety, which fed questions about his place at Alabama. 

To mature, Simpson had to change his mindset, something he couldn’t do alone.

“I sat back in my room one night and was like, ‘I’m going to pray (and) give everything I’ve got to the Lord. Just make sure I understand that I’m going to be the best player, the best Ty Simpson I can be,’” Simpson said. 

When Jason Simpson hears about Ty’s increased confidence, it makes sense to him. Ty’s in the second year of an offensive scheme under coach Kalen DeBoer. Ty’s heading into his fourth season with the program.

But Jason Simpson sees a player in Ty Simpson who has simplified things. 

“I think, as a young player, you probably pay attention to too much stuff,” Jason Simpson said. “As an older player, you realize, ‘Hey, I’m judged about taking care of the football, moving the ball, leading the team.’ You can’t talk your way into that spot.” 

Ty Simpson didn’t have to. 

Alabama offensive coordinator Ryan Grubb saw a quarterback who was authentic, who slowed the game down, who showed consistent desire to get better before earning the trust of the coaching staff. 

“I really felt like he had showed enough through camp to be the dominant player in the room,” Grubb said. 

‘Ty’s a grown man now’

Days before Ty Simpson was named Alabama’s starting quarterback, Jason Simpson watched his son take the field at Bryant-Denny Stadium for the Crimson Tide’s first fall scrimmage. 

Jason saw glimpses of that “Superman” quarterback, the one who won a state championship at Westview. And when Ty got home hours after the scrimmage was complete, he wasn’t eager to break his performance down.

“He sits down in his chair,” Jason Simpson said. “And normally we would pull up the scrimmage and go through every play and talk through it and this, that and the other. But he was just locked in, confident in himself.” 

Ty Simpson doesn’t talk about many plays with his father now unless Jason wants to install them into his own offense, Jason Simpson said with a chuckle. Their relationship simpler now.

Before every game, Jason sends Ty a text. The specifics may change from week to week, but the overall message remains: Use your platform to honor God, catch every snap, check the ball down and I love you, dude. 

Jason Simpson doesn’t think Ty needs much more than that. 

“Ty’s a grown man now,” Jason Simpson said. “This is his career, and I’m here just to support him.” 

Colin Gay covers Alabama football for The Tuscaloosa News, part of the USA TODAY Network. Reach him atcgay@gannett.com or follow him@_ColinGay on X, formerly known as Twitter. 

This post appeared first on USA TODAY

  • UCLA football boosted its team with the arrival of top transfer quarterback Nico Iamaleava and offensive coordinator Tino Sunseri.
  • Coach Deshaun Foster has implemented a highly secretive approach to fall camp, limiting what people know about UCLA.
  • The Bruins face another challenging schedule in 2025, which will test if they are a dark horse playoff team.

LOS ANGELES — It’s a mystery what’s brewing in Westwood.

After a middling debut season in the Big Ten, UCLA went from a hazy future to suddenly one filled with optimism.

It landed arguably the top transfer in the country, a College Football Playoff-experienced quarterback in Nico Iamaleava. He was part of a transfer portal haul that’s top 20 in the country according to 247Sports. The high school recruiting class isn’t bad either. Plus, Tino Sunseri – instrumental in Indiana’s electric offense last season – is now offensive coordinator. 

Quickly, the Bruins looked like they could make some noise. Maybe become a surprise College Football Playoff contender.

But for a team that has struggled to generate interest recently, the Bruins haven’t been doing much outwardly excited the fan base.

In his second season at his alma mater, coach Deshaun Foster has restricted how much the outside world can get a glimpse into preseason preparations. The team left Los Angeles and started fall camp 41 miles away in Costa Mesa. He has limited media viewing and interviews, and not revealed much when he does talk. No photos or videos from practice, including a session open to the public at the Rose Bowl.

His reasoning? Not letting an opponent get an edge into what is happening.

“You guys film our practice and put it online,” Foster told the media. “If I was an opponent for another team, I’d look right at you guys and stuff and see what’s going on. So for them not to get a beat on (Sunseri) or depth or anything that’s going on, that’s why it’s closed.”

Well then. While it can be interpreted several ways, especially when it’s a team in need of connecting with its fans and generating hype, maybe Foster does have something worth hiding. With 50 new players and eight new assistants, it’s unknown how the Bruins will look. Keeping it secret has advantages.

Nico Iamaleava will be in UCLA spotlight

But we do know it starts at quarterback.

Iamaleava hasn’t talked much − and it isn’t just because he’s a quiet person. He has avoided reporters, but when he spoke to the media three days before the season opener, he was smiling about playing his first game at the Rose Bowl.

It was a weird offseason full of twists and turns. Now, he can put it all behind him and showcase what made him such a highly-praised recruit.

‘It’s been an exciting moment for me just to get out there and go play football again,’ Iamaleava said. ‘I can’t wait to just get out there.’

Not much speaking, but his coach and teammates have been doing plenty of that for him, praising his actions and reinvigorating excitement in the program.

“Since he’s came here, he just had his head down. He kept his nose down and he worked,” said offensive lineman Julian Armella. “Whenever he comes out here, you see the leader. Whenever he steps out on the field, he commands a presence.”

Iamaleava brings a resume UCLA hasn’t experienced this century. The Bruins last played in a major bowl game in the 1999 Rose Bowl, the first season of the Bowl Championship Series. In his first season as starter, Iamaleava threw for 2,616 yards and 19 touchdowns at Tennessee last season, leading the Volunteers to the College Football Playoff. 

There’s no media footage of him at Bruins practice, but the school has shown him off on social media with several throws showcasing the arm strength that made him such a prized recruit. 

“Nico at quarterback, he’s one of the most impressive players I’ve ever been around,” said tight end Hudson Habermehl.

The arrival of Sunseri, who is a rising offensive mind in the sport, is a coup for Iamaleava. With Indiana last season, Sunseri was influential in helping the Hoosiers to the second-best scoring offense in the country. 

Since he was quarterbacks coach at James Madison in 2021, Sunseri’s signal-callers have thrown for at least 2,600 yards and 25 touchdowns with a 63% completion percentage every season. 

Iamaleava also credited his offensive coordinator for helping him get out of his comfort zone and be more vocal. Sunseri stressed his quarterback’s voice is important, and when he speaks, everyone in the room is listening.

The combination of quarterback and play caller should give the UCLA a needed boost; the Bruins had the eighth-worst scoring offense and were 16th-worst in total offense. In addition to scoring more points, improvement on that side of the ball will help a defense that was mainly the reason UCLA was able to rebound from a 1-5 start. 

Even though he’s known for his work quarterbacks, what really drew Foster to Sunseri was his approach to the running game, noting he ‘checked all the boxes’ for what he wanted in a balanced offense. It was tough for Foster, a former NFL running back, to have see his running game in 2024 average 86.6 yards per game, third-worst in FBS.

“We’re going to be able to make sure that we’re going to be able to stretch the field vertically and horizontally. To be able to make sure the defense blade guards every single blade of grass,” Sunseri said. 

UCLA looking to build on strong finish

The improved offense and a close knit team that connected over “Brotherhood” meetings during fall camp intends to build on optimism from the improved play at the end of last season. UCLA finished 5-7 and didn’t qualify for a bowl game in a full season for the first time since 2019, but four wins in its last six games showed signs of a team that could be competitive in the Big Ten.

This season will put Foster’s theory on growing his team’s popularity to the test. When asked if he was worried limited media would hurt the marketing of it, he responsed there’s only one true way to do it, and that’s to produce results.

“If you win games, you’re marketed,” he said. “We’re going to go out there and focus on winning games.”

The summer sun sure does shine in Southern California. When the team was in Costa Mesa, Foster said he felt like he needed to put his sunglasses on.

It wasn’t because of the sun. Rather, because Foster feels his team’s future is incredibly bright. 

Corny? Sure, but the man in charge of the Bruins feels like his team is on the rise.

We’ll soon find out if we’ll need a pair of shades too.

This post appeared first on USA TODAY

The unfortunate truth of fantasy football is that every year, there will be players who end the season as busts.

It’s statistically impossible for every player to reach his exact fantasy-point projection. Just as many players might overperform their draft position in a given year, others will fall short (maybe even well short) of their expectations.

Here are four wide receivers we feel have the highest potential to be a bust in the 2025 season. In other words, do your best to avoid this quartet in fantasy football drafts over the coming weeks.

Fantasy football WR busts to avoid in 2025

Jaxon Smith-Njigba, Seattle Seahawks

In some ways, Smith-Njigba has the upside to be a WR1 in fantasy leagues as he comes off of a breakout season with the Seahawks last year. He finished his second season as WR17 in fantasy points per game, thanks in part to a second-half stretch between Weeks 9-18 that had him in top-10 fantasy wide receiver territory.

Add in the fact that the Seahawks brought in a new quarterback, Sam Darnold, with better marks in passer rating, touchdowns and average depth of target in 2024 than previous starter Geno Smith, and the outlook looks brighter.

On top of that, Seattle traded away Smith-Njigba’s biggest competition for targets: DK Metcalf.

However, the Seahawks did bring in wide receiver Cooper Kupp, which could limit some of Smith-Njigba’s upside. But more concerning is how Klint Kubiak, Seattle’s new offensive coordinator, has historically liked to run his offenses. He’s generally been the kind of guy who leans far heavier on the run game than the pass, and a vast majority of Kubiak’s plays as the Saints’ offensive coordinator last year used personnel groupings with two or fewer wide receivers.

That’s concerning for a receiver like Smith-Njigba, who thrives far more from the slot (as a ‘third’ receiver) than he does on the outside.

Terry McLaurin, Washington Commanders

McLaurin was the talk of the town on Monday after finally signing his contract extension to stick around in Washington through 2028. But is he set up for success in fantasy football in 2025? Signs point to … maybe not.

Reasons to be excited about McLaurin this season include the fact that he’s been the model of consistency. Despite years of turmoil at Washington’s quarterback position, last year was the wideout’s fifth straight year with more than 1,000 receiving yards. Add in that Jayden Daniels seems to have solved the Commanders’ quarterback problem and that it led to a career-high touchdown total (13) for McLaurin last year, and it’s easy to see the hype.

What’s concerning about McLaurin is that the improved quarterback play didn’t significantly enhance production in other key stats. His targets in 2024 were his fewest since his rookie season, and his yardage total didn’t jump significantly, keeping his realistic ceiling around the 1,100 mark. A big reason for his improvement in fantasy football was that leap in touchdown output, rather than other factors.

The addition of fellow receiver Deebo Samuel Sr. to this offense won’t exactly help McLaurin in that regard. He’ll poach more of the Commanders’ lead receiver’s targets in general, and there will be more competition in red-zone targets specifically.

McLaurin went from being Washington’s No. 1 receiver by a wide, wide margin to still being Daniels’ lead wideout, but without as big a drop-off to the second option.

Garrett Wilson, New York Jets

As with McLaurin and Smith-Njigba, there are signs of a potentially big season for Wilson. But there are also some red flags that could hold him back from reaching that high ceiling.

First, the good. Wilson is easily the leading receiver in the Jets’ passing offense, and there isn’t much of a competition there. The second option for new quarterback Justin Fields is either Josh Reynolds, Allen Lazard or rookie tight end Mason Taylor. Wilson is also coming off of a season in which he set career-high marks in receptions (101) yards (1,104) and touchdowns (7), which is only more encouraging.

But here comes the bad. His quarterback is former college teammate Fields, a passer who hasn’t managed to stay healthy for a full season in his career and one who spent most of last year on the bench. A passer who also struggled to throw the ball accurately and with consistency throughout much of training camp and in preseason matchups. A passer who appears to trust his legs far more than his arm.

So while the floor may be high for Wilson – thanks to the higher volume he will likely see due to the lackluster receivers room in New York – his ceiling is capped significantly by Fields’ limitations as a passer.

DK Metcalf, Pittsburgh Steelers

Once again, we come to a receiver whose outlook for 2025 appears phenomenal on the surface. Little serious competition for targets and due to catch passes from a well-established quarterback.

However, Metcalf’s landing in Pittsburgh means he ends up in a fantasy wasteland for pass-catchers.

Steelers offensive coordinator Arthur Smith has a well-established history of tanking the fantasy value of his top receivers. Outside of A.J. Brown’s 2019 and 2020 seasons in Tennessee, no player in a Smith-led offense has surpassed 1,000 receiving yards or more than five touchdowns.

Falcons tight end Kyle Pitts had 770 yards and five scores in 2021. Receiver Drake London had 866 yards, four touchdowns and 905 yards, two touchdowns in 2022 and 2023, respectively. Last year, then-Steelers receiver George Pickens had 900 yards and three touchdowns in his first year under Smith, one season after leading the league in yards per reception.

So, like Wilson, Metcalf has a decent floor because of the volume potential in Pittsburgh’s otherwise unimpressive receivers room. But his ceiling is capped hard by the Smith-run offense.

This post appeared first on USA TODAY

Uncle Herschel is returning to the Cracker Barrel chair.

After online outrage by conservatives who accused the country-themed restaurant chain of changing its values or going “woke” when it rolled out a new logo, the company said Tuesday that it was returning to its old branding.

‘We thank our guests for sharing your voices and love for Cracker Barrel. We said we would listen, and we have. Our new logo is going away and our ‘Old Timer’ will remain,’ Cracker Barrel said on Facebook.

‘At Cracker Barrel, it’s always been — and always will be — about serving up delicious food, warm welcomes, and the kind of country hospitality that feels like family,’ the company said. ‘As a proud American institution, our 70,000 hardworking employees look forward to welcoming you to our table soon.’

The new Cracker Barrel logo on a menu in a restaurant in Homestead, Fla., on Thursday.Joe Raedle / Getty Images file

Cracker Barrel, which has restaurants in 43 states, on Aug. 18 announced its new ‘All the More’ campaign and logo change, which removed the old man perched on a chair and the barrel from Cracker Barrel signs.

The new logo did not go over well in some spheres, and on social media, conservative critics accused the restaurant chain of abandoning its traditional values or of being ‘woke.’

President Donald Trump weighed in on the matter earlier Tuesday, writing on his social media platform, Truth Social, that the company should return to the old logo.

After Cracker Barrel announced the reversal Tuesday, Trump said on the platform: ‘Congratulations ‘Cracker Barrel’ on changing your logo back to what it was. All of your fans very much appreciate it.’ Trump also wished the company good luck.

Paul Weaver / SOPA Images/LightRocket via Getty Images

Taylor Budowich, a deputy White House chief of staff, claimed on X that he’d spoken with people at Cracker Barrel by phone Tuesday about the issue and said, ‘They thanked President Trump for weighing in on the issue of their iconic ‘original’ logo.’

Cracker Barrel did not immediately respond to a request for comment about a White House call.

Shares of Cracker Barrel jumped sharply Tuesday night after it announced the reversal. Since the debut of the new logo on Aug. 18, shares are down nearly 13%.

Cracker Barrel tried to tamp down the controversy Monday by admitting ‘we could’ve done a better job sharing who we are and who we’ll always be’ and issuing reassurances that its values had not changed.

The change was part of a “strategic transformation” that started in 2024 to revitalize the brand, CNBC reported when the new logo was introduced. The company has said that the initiative included ‘refreshing the brand identity’ and making changes to its menu.

Other companies have been met with right-wing outrage for advertising or other business decisions, including when Bud Light had a branded content partnership with transgender TikToker Dylan Mulvaney.

This post appeared first on NBC NEWS

Google has eliminated more than one-third of its managers overseeing small teams, an executive told employees last week, as the company continues its focus on efficiencies across the organization.

“Right now, we have 35% fewer managers, with fewer direct reports” than at this time a year ago, said Brian Welle, vice president of people analytics and performance, according to audio of an all-hands meeting reviewed by CNBC. “So a lot of fast progress there.”

At the meeting, employees asked Welle and other executives about job security, “internal barriers” and Google’s culture after several recent rounds of layoffs, buyouts and reorganizations.

Welle said the idea is to reduce bureaucracy and run the company more efficiently.

“When we look across our entire leadership population, that’s mangers, directors and VPs, we want them to be a smaller percentage of our overall workforce over time,” he said.

The 35% reduction refers to the number of managers who oversee fewer than three people, according to a person familiar with the matter. Many of those managers stayed with the company as individual contributors, said the person, who asked not to be named because the details are private.

Google CEO Sundar Pichai weighed in at the meeting, reiterating the need for the company “to be more efficient as we scale up so we don’t solve everything with headcount.”

Google eliminated about 6% of its workforce in 2023, and has implemented cuts in various divisions since then. Alphabet finance chief Anat Ashkenazi, who joined the company last year, said in October that she would push cost cuts “a little further.” Google has offered buyouts to employees since January, and the company has slowed hiring, asking employees to do more with less.

Regarding the buyouts, executives at the town hall said that a total of 10 product areas have presented “Voluntary Exit Program” offers. They’ve applied to U.S.-based employees in search, marketing, hardware and people operations teams this year.

Fiona Cicconi, Google’s chief people officer, said at last week’s meeting that between 3% and 5% of employees on those teams have accepted the buyouts.

“This has been actually quite successful,” she said, adding “I think we can continue it.”

Pichai said the company executed the voluntary buyouts after listening to employees, who said they preferred that route to blanket layoffs.

“It’s a lot of work that’s gone into implementing the VEP program, and I’m glad we’ve done it,” Pichai said. “It gives people agency, and I’m glad to see it’s worked out well.”

Cicconi said one of the main reasons employees are taking the buyouts is because they want to take time off from work.

“It’s actually quite interesting to see who’s taking a VEP, and it’s people sort of wanting a career break, sometimes to take care of family members,” she said.

CNBC previously reported that the layoffs hurt morale as the company was downsizing while at the same time issuing blowout earnings and seeing its stock price jump. Alphabet’s shares are up 10% this year after climbing 36% in 2024 and 58% the year prior.

At another point in the town hall, employees asked if Google would consider a policy similar to Meta’s “recharge,” a month-long sabbatical that employees earn after five years at the company.

“We have a lot of leaves, not least our vacation, which is there for exactly that — resting and recharging,” said Alexandra Maddison, Google’s senior director of benefits.

She said the company is not going to offer paid sabbatical.

“We’re very confident that our current offering is competitive,” Maddison said.

Meta didn’t immediately respond to a request for comment.

Other executives jumped in to compare the two companies’ benefits.

“I don’t think they have a VEP at Meta by the way,” Cicconi said.

Pichai then asked, to some laughs from the audience, “Should we incorporate all policies of Meta while we’re at it? Or should we only pick and choose the few policies we like?”

“Maybe I should try running the company with all of Meta’s policies,” he continued. “No, probably not.”

This post appeared first on NBC NEWS

Perth, Australia (ABN Newswire) – Basin Energy Limited (ASX:BSN) (OTCMKTS:BSNEF) is pleased to announce that it has entered into a binding agreement to acquire 100% of the issued capital of NeoDys Limited (‘NeoDys’), a privately held critical minerals explorer with a dominant landholding in the Mount Isa region of northwest Queensland.

Key Highlights

– Binding agreement to acquire the largest prospective uranium and rare earth packages in Queensland, adjacent to Paladin Energy Limited’s (ASX:PDN) Valhalla uranium deposit and Red Metal Limited’s (ASX:RDM) Sybella rare earth discovery [1*]

– Early stage exploration supports three distinct, drill-ready exploration models, each amenable to low-cost shallow drilling:

o AEM geophysical survey previously reported identified extensive paleochannel network adjacent to the Sybella uranium ‘hot’ granite.

o Significant hard rock granite rare earth element potential, analogous to Red Metal’s Sybella discovery. Recent auger drill sampling returned numerous significant results including 5 m @ 1,951 ppm TREO with 578 ppm Nd+Pr oxide, incl. 3 m @ 705 ppm Nd+Pr oxide.

o District-scale sediment-hosted ionic clay rare earth potential with $150,000 Queensland Government funding in place to fastrack drilling. Soil sampling completed with numerous samped returning >600 ppm TREO with a maximum of 653 ppm TREO.

– Additional Valhalla-style uranium targets with multiple untested radiometric anomalies, in proximity to Valhalla, Skal and Odin deposits which host a combined 116 Mlbs U3O8 [2*]

– The Company has received firm commitments from institutional and sophisticated investors to raise $1.25 million at $0.025 per share, representing a 9% premium to 20 day VWAP.

– With the oversubscribed placement along with the Queensland grant, Basin Energy is fully funded to test these drill-ready high priority targets, enabling the Company to fast-track multiple uranium and rare earth drill programs.

– Detailed targeting and drill planning is underway with exploration planned to commence in Q4 2025 to test shallow, high priority targets via aircore and reverse circulation drilling.

Managing Director, Pete Moorhouse commented:

‘This acquisition propels Basin into Australia’s uranium and rare earth exploration landscape. These projects deliver exceptional geology, strategic scale and compelling upside across two of the most critical mineral sectors of the energy transition. With drill-ready targets and a low-cost structure, this portfolio is primed to deliver value for shareholders. Over the next 6 months, Basin Energy will be drilling the first holes on three district-scale opportunities for uranium and rare earth deposits in Northwest Queensland.

The Company is delighted with the strong interest in the capital raising. On behalf of the Board, I welcome our new shareholders, and thank existing shareholders for their continued support at an exciting time of development for the Company. We will be holding a webinar to walk through the projects on 28th August and encourage people to log in and learn more about this opportunity.’

Overview

This acquisition provides Basin with a commanding position over one of Australia’s emerging and underexplored provinces for uranium and rare earth elements (‘REE’), leveraging the recent Sybella rare earth discovery by Red Metal Limited (ASX:RDM) and the prospectivity of the adjacent Barkly Tableland.

Basin now holds 5,958 km2 of exploration tenure in the Mount Isa district of northwest Queensland. The projects provide compelling walk-up drill targets that can be rapidly and cost-effectively tested using air core and reverse circulation (RC) drilling. NeoDys have an existing Queensland Government Collaborative Exploration Initiative funding agreement for $150,000, available for Basin to support upcoming drilling programs.

The drill-ready, district scale targets include:

– Paleochannel roll front uranium (1*)

– Sediment and ionic clay hosted rare earth elements (2*)

– Hard rock, granite hosted rare earth elements (3*)

In addition to these three district-scale targets, the project area contains multiple shear-hosted Valhallastyle uranium targets defined for immediate assessment.

The primary model is based on mineralisation sourced from the various granites of the Sybella Batholith (‘the Sybella’), a large north-south trending igneous body containing zones enriched in rare earth elements. This includes the Red Metal (ASX:RDM) Sybella Discovery with a recent JORC inferred resource estimate of 4.795 Bt at 302 ppm NdPr, 28 ppm DyTb (200 ppm NdPr cut-off) or 209 Mt at 377 ppm NdPr, 34 ppm DyTb (360 ppm NdPr cut-off) [1*]. The Sybella granites are also uranium rich, potentially being the source of Paladin Energy’s (ASX:PDN) Valhalla deposits[2*] .

Terms of the Share Placement

The Company has received firm commitments to raise $1.25 million, by way of a two-tranche share placement (‘Placement’) of 50 million shares at an issue price of $0.025 per share. The Placement price represents the Company’s last market close price, and a 9.1% premium to the 20-day VWAP.

Tranche two will be subject to a general meeting, to be called shortly and expected in early October.

The offer was significantly oversubscribed, with proceeds to be allocated as follows:

– Air core drilling on the Barkly Tablelands uranium and REE targets

– RC drilling at the Newmans Bore granite-hosted REE target

– Mapping and sampling of the West Valhalla Radiometric targets

– General working capital.

The Placement was managed internally and was not subject to broker fees.

To view the full announcement, please visit:
https://abnnewswire.net/lnk/3833C16P

About Basin Energy Ltd:

Basin Energy Ltd (ASX:BSN) (OTCMKTS:BSNEF) is a green energy metals exploration and development company with an interest in three highly prospective projects positioned in the southeast corner and margins of the world-renowned Athabasca Basin in Canada and has recently acquired a significant portfolio of Green Energy Metals exploration assets located in Scandinavia.

Source:
Basin Energy Ltd

Contact:
Pete Moorhouse
Managing Director
pete.m@basinenergy.com.au
+61 7 3667 7449

Chloe Hayes
Investor and Media Relations
chloe@janemorganmanagement.com.au
+61 458619317

News Provided by ABN Newswire via QuoteMedia

This post appeared first on investingnews.com

Perth, Australia (ABN Newswire) – Basin Energy Limited (ASX:BSN) (OTCMKTS:BSNEF) is pleased to invite shareholders and investors to an investor webinar where Managing Director, Pete Moorhouse will provide a Company update following the recently acquired extensive uranium and rare earth portfolio in Queensland and outline upcoming exploration plans.

DETAILS

Date: Thursday, 28 August 2025
Time: 11:30AM AEST / 9:30AM AWST

Registration:
https://www.abnnewswire.net/lnk/66GZ5R65

Participants will be able to submit questions via the panel throughout the presentation, however we highly encourage attendees to submit questions beforehand via chloe@janemorganmanagement.com.au

To view the Presentation, please visit:
https://www.abnnewswire.net/lnk/3Z6Y66N7

About Basin Energy Ltd:

Basin Energy Ltd (ASX:BSN) (OTCMKTS:BSNEF) is a green energy metals exploration and development company with an interest in three highly prospective projects positioned in the southeast corner and margins of the world-renowned Athabasca Basin in Canada and has recently acquired a significant portfolio of Green Energy Metals exploration assets located in Scandinavia.

Source:
Basin Energy Ltd

Contact:
Pete Moorhouse
Managing Director
pete.m@basinenergy.com.au
+61 7 3667 7449

Chloe Hayes
Investor and Media Relations
chloe@janemorganmanagement.com.au
+61 458619317

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Investor Insight

Corazon Mining Ltd presents a compelling investment case driven by a strategic pivot to WA gold exploration, capitalising on its recent acquisition of the Two Pools gold project. This acquisition offers significant near-term exploration upside, while the company retains a high-quality portfolio of base and battery metals projects, providing long-term optionality and leverage to the evolving critical minerals market. This strategy positions Corazon to deliver shareholder value through potential high-impact discovery and future project development.

Overview

Corazon Mining Ltd (ASX:CZN) is an Australian junior exploration company focused on high-quality gold and critical minerals projects in Australia and Canada.

Company Highlights

  • Two Pools Gold Project: The company’s primary focus is the newly acquired Two Pools Gold Project in Western Australia’s highly productive Plutonic Greenstone Belt. This underexplored tenure contains a recently identified 20km-long greenstone belt that was previously misclassified as granite.
  • Confirmed High-Grade Mineralisation: Historical drilling at Two Pools has delivered standout intercepts, including 12m @ 8.89 g/t Au (incl. 3m @ 34.25 g/t Au) and 18m @ 3.89 g/t Au (incl. 4m @ 15.96 g/t Au).
  • Trident-style Analogy: Drilling has confirmed mineralisation extends beneath overthrust granite, a key geological setting similar to Catalyst Metals’ nearby Trident Deposit, highlighting the potential for significant blind discoveries.
  • Strategic Location: Two Pools is located just 60km from Catalyst Metals’ Plutonic Processing Plant, offering strong future development synergies
  • Strategic Battery and Base Metals Portfolio: Corazon retains ownership of key projects in Canada and Australia including the MacBride Copper-Zinc-Gold Project and the historic Lynn Nickel-Copper-Cobalt sulphide camp in Manitoba, and the Mt Gilmore Copper-Cobalt-Gold project in NSW. These assets provide long-term exposure to critical metals.
  • Compelling Value Proposition: Corazon offers a unique investment opportunity with a small market capitalisation but large, high-quality assets.

Key Projects

Two Pools Gold Project (Western Australia)

Project Highlights:

  • A new, highly-prospective gold exploration project in the proven Plutonic-Marymia Greenstone Belt.
  • The project covers 193km2 of underexplored tenure containing a newly identified 20km-long greenstone belt
  • Historical Drilling and surface sampling have confirmed high-grade gold mineralisation, with a compelling geological setting analogous to other major deposits in the region.

Lynn Lake Base & Precious Metals (Manitoba, Canada)

Project Highlights:

  • High-quality base and precious metals asset, offering strategic, long-term value.
  • MacBride Copper-Zinc-Gold Project: High-grade, near-surface mineralisation and significant exploration upside for VMS-style deposits.

Other Projects

  • Mt Gilmore Copper-Cobalt-Gold (NSW, Australia): An emerging porphyry play with potential for a significant potential copper-gold system.

Management Team

Simon Coyle – Managing Director

Simon Coyle is a mining executive with over 20 years’ experience in the resources sector, spanning across gold, iron ore, manganese and lithium. He is a graduate of the Western Australian School of Mines and has held a number of senior operational leadership roles across both private and publicly listed companies.

Most recently, Coyle served as CEO and president of TSXV-listed Velox Energy Materials. Prior to this, he held senior roles at Pilbara Minerals, including general manager – operations, where he was instrumental in the development and expansion of its flagship lithium project, establishing it as one of the world’s leading spodumene concentrate producers. Coyle currently serves as non-executive director of Kali Metals.

Kristie Young – Non-executive Chair

Kristie Young is a professional Board Director who began her career as a mining engineer in the mid 90’s across both underground and open cut operations (incl. Hamersley Iron, Mt Isa Mines, Plutonic Gold, New Hampton Goldfields, Surpac), feasibility studies and project evaluation. She holds a BEng(Mining) Hons from the University of Queensland.

Over 25 years’ industry experience, including business development director roles with both EY and PwC. She brings more than 15 years’ experience on boards and committees and currently serves as a non-executive director of Brazilian Rare Earths (ASX:BRE), Livium (ASX:LIT), Tasmea Ltd (ASX:TEA), and MinEx CRC.

She is a Fellow of the AusIMM and a graduate and Fellow of the AICD.

Scott Williamson – Non-executive Director

Scott Williamson is a highly experienced mining engineer with an Engineering and Commerce degree from the West Australian School of Mines and Curtin University. With more than 20 years of experience spanning technical and corporate roles in the mining and finance sectors, he brings a wealth of industry expertise and strategic insight. A proven leader in business development, Scott has extensive experience in equity capital markets, complementing his strong technical skill set.

Currently, he serves as managing director of Blackstone Minerals and non-executive Director of Leeuwin Metals.

Scott also holds a WA First Class Mine Manager’s Certificate and is a member of the Australasian Institute of Mining and Metallurgy.

Robert Orr – Company Secretary and Chief Financial Officer

Robert Orr manages Corazon’s financial operations and corporate governance, ensuring compliance and effective financial management.

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