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Trump’s latest Hollywood “hit” isn’t the kind you stream.

Threatening to slap a 100% tariff on films produced in foreign countries, the president’s announcement rattled several media stocks like Netflix, Inc. (NFLX), Walt Disney Co. (DIS), and others.

What makes the whole thing complicated is this:

  • No clear-cut definition of “foreign”: Many “American” films are shot abroad with foreign crews, locations, and studios.
  • Tax breaks abroad: Studios rely on international incentives to cut costs—think Marvel in the UK or Netflix in Korea (Squid Game).
  • Global revenues: Delivering content overseas boosts subscriptions.
  • Disruption to current projects: In-progress shoots and cross-border production deals could face sudden delays, cancellations, or financial penalties.
  • And last but not least, retaliation risk. Countries may hit back with tariffs or restrictions on U.S. films, hurting global revenues.

The result? A policy that aims to protect American film could end up undercutting it from every angle.

Which Media Stocks Are Still Worth Holding?

With Trump’s proposed 100% tariff and the looming threat of retaliation, you’re probably wondering: Which media stocks are still investable—and which ones are caught in the crossfire?

Let’s focus on the platforms that most Americans stream at home.

  • Netflix (NFLX) is the most exposed to Trump’s tariffs due to its heavy investment in international productions.
  • Disney (DIS) is most vulnerable both ways—to the U.S. tariff and international retaliation—in that over 60% of its box office revenue is international; plus, it operates theme parks in China, Hong Kong, Japan, and Europe.
  • Roku (ROKU) appears to be the least exposed, as it’s a content aggregator and not a producer. The bulk of its revenue comes from advertising, subscriptions, and platform fees, not from producing or exporting content.

NOTE: I’m excluding Amazon (AMZN) in favor of pure-play media entertainment stocks. While Amazon is not as exposed to foreign film tariffs, it’s exposed to the other tariffs.

First, how are these stocks performing relative to each other and the broader market (S&P 500)?

FIGURE 1. PERFCHARTS DISPLAYING THE RELATIVE PERFORMANCE OF ALL THREE STOCKS VS THE S&P. Netflix is far outpacing its two media peers.

Among these three, which stocks are currently the most investable—that is, which ones are showing favorable price action that could support a viable trading setup?

Netflix Technical Analysis: Uptrend Intact, But Caution Ahead

Let’s start with NFLX—the company most fundamentally exposed to the proposed tariffs on foreign-made films. Check out this daily chart.

FIGURE 2. DAILY CHART OF NFLX STOCK. No tariff fears are evident here as the stock continues its uptrend.

NFLX stock remains in a strong uptrend, with a StockCharts Technical Rank (SCTR) well above the 90-line, making it one of the top-performing large-cap stocks from a technical perspective. However, the Relative Strength Index (RSI) suggests the stock may be overbought, raising the possibility of a short-term pullback.

The  20-day Price Channel can help identify potential turning points since it highlights recent tops and bottoms. The green-shaded zone marks the first area of support, where a bounce may occur if the stock retreats in the coming sessions. If that level fails to hold, the red-shaded zone identifies a secondary support area aligned with the 200-day Simple Moving Average (SMA). A drop below this level without a strong rebound could signal a weakening of the current bullish trend.

Caution: Among the three stocks analyzed, Netflix appears to be most exposed to potential downside from Trump’s proposed tariffs on foreign-made films. Investors should remain cautious, as shifting geopolitical dynamics could alter the stock’s fundamental outlook and technical setup.

Now let’s take a look at Disney, a stock vulnerable to Trump’s proposed 100% tariffs on foreign-made films and the added threat of retaliatory tariffs from international markets.

Disney’s Recovery Potential Faces Global Headwinds

With a significant portion of its revenue coming from global box office sales and international theme parks, DIS stock is particularly sensitive to shifts in global trade policy. Take a look at this daily chart.

FIGURE 3. DAILY CHART OF DISNEY STOCK PRICE. Oof. Even if it recovers, will we see a breakout beyond the top range?

Disney is underperforming, and the key question is whether the stock is entering a potential recovery phase. The Full Stochastics Oscillator tends to mirror the stock’s cyclical movements well and suggests a possible short-term pullback.

If DIS holds above its most recent swing low support range (highlighted in red), the stock may attempt to retest the resistance area (highlighted in green), which aligns with the 200-day SMA and the most recent swing high.

One bullish signal to note: the Accumulation/Distribution Line (ADL) (shown in orange) is significantly above current price levels, suggesting that buying interest may be quietly building even while the stock trades near its lows. Is DIS a solid buy? Probably not at these levels. You will want to see a stronger indication (or confirmation) that DIS is recovering.

Also, note that DIS has been cycling the $80 to $125 range over the last three years. Unless you’re holding it as a dividend stock, there’s little indication yet that there’s going to be growth beyond this exceedingly wide range.

Is Roku Ready to Break Out, or Break Down?

Let’s analyze the daily chart of Roku.

FIGURE 4. DAILY CHART OF ROKU STOCK. It’s gearing for a breakout, but driven by what?

ROKU may be the least exposed to the proposed foreign film tariffs, but what’s going to drive it higher? Remember, the stock plunged in 2022–2024 due to falling ad revenue, widening losses, and a high-profile cybersecurity breach that shook investor confidence. Without a clear reason for a rebound, the stock may remain stuck.

The Chaikin Money Flow (CMF) is probably the most telling indicator here: buying and selling pressure are at a virtual standstill. There has to be a compelling catalyst to move the stock higher or lower. Still, ROKU appears to be rebounding from a technical standpoint, with overhead resistance levels at $71 and $82.

However, there needs to be something fundamental to validate this technical setup, especially if it turns bullish (like a break above resistance). So if for any reason you’re bullish on ROKU, monitor the fundamental side of this stock play. Right now, it doesn’t look very promising.

At the Close

Trump’s proposed tariff on foreign-made films has stirred up more than just Hollywood headlines; it’s forcing Wall Street to reassess risk across streaming and media stocks. Keep monitoring the technical, fundamental, and geopolitical factors. Don’t make any decisions until you see clear technical confirmation backed by a viable fundamental catalyst. And remember, geopolitical dynamics can still shift the conditions in an instant.


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 personal and financial situation, or without consulting a financial professional.

Copper prices are being pushed skyward as China’s stockpiles sit on the verge of depletion and as US demand for the red metal surges, fueled by looming trade restrictions under the Trump administration.

According to Mercuria, the market is undergoing “one of the greatest tightening shocks” in its history.

“At the current pace of draws, those Chinese inventories could deplete (to zero) by the middle of June,” Nicholas Snowdon, head of metals and mining research at the commodities trading house, told the Financial Times.

“Beijing had a razor-thin inventory buffer” to meet its soaring domestic demand, he added.

Copper inventories held in Chinese warehouses fell by a record 55,000 metric tons last week alone, sinking to just 116,800 metric tons. The sudden drawdown has placed further stress on a market that is already being strained by geopolitical tensions and a shift in long-term demand driven by clean energy initiatives and electrification.

The copper squeeze is being exacerbated by US buyers rushing to secure supply ahead of potential new tariffs.

US President Donald Trump has signaled that his administration is investigating “dumping and state-sponsored overproduction” of copper, echoing the rationale used for the imposition of 25 percent levies on steel and aluminum.

Copper futures prices on the Comex in New York have soared, rising 16.35 percent year-to-date to trade for US$4.69 per pound. The rally has been further buoyed by signs that China’s Ministry of Commerce is open to trade talks with the US — it has reportedly “taken note” of Washington’s signals and is evaluating the possibility of engagement.

As a result, inventories in Comex warehouses have surged to their highest levels since 2018.

The copper crunch is not confined to refined metal.

Analysts warn that Chinese access to copper scrap — a vital feedstock for its smelting industry — is also under threat from retaliatory trade measures and possible US export controls.

China relies heavily on imported scrap, and the US remains a key supplier. In 2024, the US exported 960,000 metric tons of copper scrap, nearly half of which went to China, according to data from Fastmarkets.

This year, exports are already trending lower: 142,000 metric tons were shipped in January and February, down from 149,000 metric tons in the same period last year. If the US imposes a ban on scrap exports or China imposes retaliatory import duties, the shortage in Asia’s largest economy could become even more acute.

Copper’s strategic role in the energy transition

Beyond short-term trade politics, copper is at the heart of a deeper structural transformation.

As the global economy pivots toward electrification and decarbonization, demand for the base metal is set to soar — despite advances in material efficiency and substitution.

During a recent webinar, Michael J. Finch, head of strategic initiatives at commodities price and data firm Benchmark Mineral Intelligence, noted that the accelerating deployment of electric vehicles (EVs), EV charging infrastructure and renewable energy sources is rapidly driving up copper intensity across energy systems.

“What … we can’t forget is, what are the requirements on the grid network? What are the requirements on power generation because of EVs, because of the charging infrastructure?” Finch said. He emphasized to attendees that while copper usage per EV has declined from around 100 kilograms in 2015 to about 68 to 70 kilograms today due to design optimizations and thrifting, total copper demand from the EV sector is still expected to rise sharply.

“We’re still looking at a market here … (of) over 5 million tonnes by 2040,” he said.

“That’s going to need a lot of charging infrastructure. That’s going to need a lot of grid upgrades. That’s going to need a lot of renewable power to be put in place,’ Finch added.

The overlapping dynamics of geopolitical uncertainty, rising protectionism and shifting energy priorities have created a volatile cocktail that could reshape global copper trade flows.

Efforts are underway in the US to take advantage of this shift. European copper producer Aurubis is investing 740 million euros in a new recycling facility in Richmond, Georgia, aimed at bolstering domestic supply. The plant, which is expected to be operational by the end of the fiscal year, will rely primarily on scrap sourced within the US.

Meanwhile, analysts are watching closely to see if the US and China can defuse trade tensions before they further destabilize a market that is already stretched thin.

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

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Denarius Metals Corp. (Cboe CA: DMET) (OTCQX: DNRSF) (‘Denarius Metals’ or the ‘Company’) announced today that it has signed a binding Letter of Intent with Quimbaya Gold Inc. (‘Quimbaya’) (CSE: QIM) (OTCQB: QIMGF) (FSE: K05) establishing a 5050 joint venture aimed at formalizing existing small-scale mining operations located within Quimbaya’s Tahami Project which is located in the Segovia Gold District of Antioquia, Colombia, adjacent to the high-grade Segovia Operations owned by Aris Mining Corporation (‘Aris Mining’).

Serafino Iacono, Executive Chairman of Denarius Metals, commented, ‘We see this joint venture with Quimbaya as an opportunity to leverage our team’s considerable experience in exploration, mining and community relations in Colombia, particularly in the Segovia Gold District where we founded Gran Colombia Gold (now Aris Mining) and built the Segovia Operations into the largest underground gold producer in Colombia and one of the highest-grade underground gold producers globally. We are excited about the opportunity to develop near-term production and cash flow through the implementation of a formalized artisanal mining operation in partnership with Quimbaya and the local community.’

This collaboration seeks to integrate artisanal mining operations into a formalized structure to create mutually beneficial partnerships while supporting and empowering the host communities in the Tahami Project. Importantly, this initiative complements Quimbaya’s ongoing exploration efforts, including its planned 4,000-meter drilling campaign at Tahami South, by fostering stronger community relations and facilitating access to key areas. Both parties are working diligently to finalize a definitive agreement for the joint venture as soon as possible, subject to customary regulatory and corporate approvals. Key aspects of the joint venture include:

  • A 50/50 partnership between Zancudo Metals Corp., a wholly owned subsidiary of Denarius Metals and 100% owner of its Zancudo Project, and Quimbaya, where the costs and expenses will be split equally between both parties.
  • Joint development targeted on the Tahami South and Tahami North areas within the Tahami Project. Exploitation will focus on concessions SHO-08001, SE9-13331, LJQ-08001 and HHII-21 owned by Quimbaya.
  • The partnership aims to formalize current artisanal mining operations, leveraging the extensive experience of Denarius Metals’ management who have implemented successful models in the region. Denarius Metals will provide technical and financial support so that the artisanal miners can legalize their production within the mining legalization program.
  • Denarius Metals will also leverage its previous experience to support the processes related to obtaining mining and environmental licenses for the Quimbaya concessions.
  • Denarius Metals will lead the commercialization of production on behalf of the joint venture. Profits from all sales will be split equally between both parties.

About the Tahami Project

Located directly adjacent to and on trend with Aris Mining’s flagship Segovia Operations, the Tahami Project spans over 17,000 hectares across a district-scale vein system that shows analogies with the Segovia-Remedios Mining District, with historic artisanal activity and substantial exploration upside. The area is supported by existing infrastructure, a favorable mining jurisdiction and a strong tradition of gold production. Over 150 artisanal miners are actively producing gold on Quimbaya’s assets daily and over 25 historical mines have been identified within its assets.

Refer to Attachments 1, 2 and 3 for maps showing the location of the Tahami Project.

About Quimbaya

Quimbaya is a Canadian junior exploration company focused on discovering gold resources through the exploration and acquisition of mining properties in Colombia’s prolific mining districts. Quimbaya is actively advancing three projects in the Antioquia Province: the Tahami Project in Segovia, the Berrio Project in Puerto Berrio and the Maitamac Project in Abejorral. Managed by an experienced team with deep local knowledge, Quimbaya is committed to creating value for its shareholders through strategic exploration and development initiatives.

About Denarius Metals

Denarius Metals is a Canadian junior company engaged in the acquisition, exploration, development and eventual operation of polymetallic mining projects in high-grade districts in Colombia and Spain. Denarius Metals is listed on Cboe Canada where it trades under the symbol ‘DMET’. The Company also trades on the OTCQX Market in the United States under the symbol ‘DNRSF’.

In Colombia, Denarius Metals recently commenced mining operations at its 100%-owned Zancudo Project, a high-grade gold-silver deposit, which includes the historic producing Independencia mine, located in the Cauca Belt, about 30 km southwest of Medellin.

In Spain, Denarius Metals has interests in three projects focused on in-demand critical minerals. The Company owns a 21% interest in Rio Narcea Recursos, S.L. and is the operator of its Aguablanca Project, which has recently been recognized by the EU as a Strategic Project. The Aguablanca Project comprises a turnkey 5,000 tonnes per day processing plant and the rights to exploit the historic producing Aguablanca nickel-copper mine, located in Monesterio, Extremadura. Denarius Metals also owns a 100% interest in the Lomero Project, a polymetallic deposit located on the Spanish side of the prolific copper rich Iberian Pyrite Belt, approximately 88 km southwest of the Aguablanca Project, and a 100% interest in the Toral Project, a high-grade zinc-lead-silver deposit located in the Leon Province, Northern Spain.

Additional information on Denarius Metals can be found on its website at www.denariusmetals.com and by reviewing its profile on SEDAR+ at www.sedarplus.ca.

Cautionary Statement on Forward-Looking Information

This news release contains ‘forward-looking information’, which may include, but is not limited to, statements with respect to anticipated business plans or strategies, including the finalization of definitive agreement for the joint venture with Quimbaya and receipt of regulatory and corporate approvals. Often, but not always, forward-looking statements can be identified by the use of words such as ‘plans’, ‘expects’, ‘is expected’, ‘budget’, ‘scheduled’, ‘estimates’, ‘forecasts’, ‘intends’, ‘anticipates’, or ‘believes’ or variations (including negative variations) of such words and phrases, or state that certain actions, events or results ‘may’, ‘could’, ‘would’, ‘might’ or ‘will’ be taken, occur or be achieved. Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Denarius Metals to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Factors that could cause actual results to differ materially from those anticipated in these forward-looking statements are described under the caption ‘Risk Factors’ in the Company’s Annual Information Form dated March 31, 2025 which is available for view on SEDAR+ at www.sedarplus.ca. Forward-looking statements contained herein are made as of the date of this press release and Denarius Metals disclaims, other than as required by law, any obligation to update any forward-looking statements whether as a result of new information, results, future events, circumstances, or if management’s estimates or opinions should change, or otherwise. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, the reader is cautioned not to place undue reliance on forward-looking statements.

For Further Information, Contact:

Michael Davies
Chief Financial Officer
(416) 360-4653
investors@denariusmetals.com

Attachment 1: General Location Map of the Tahami Project in the Segovia Gold District of Antioquia, Colombia

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/9396/251067_3f22dfd1e4ab187d_001full.jpg

Attachment 2: Location Map of the Tahami South Project, Adjacent to Aris Mining’s Segovia Operations

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/9396/251067_3f22dfd1e4ab187d_002full.jpg

Attachment 3: Location Map of the Tahami North Project

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/9396/251067_3f22dfd1e4ab187d_003full.jpg

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/251067

News Provided by Newsfile via QuoteMedia

This post appeared first on investingnews.com

Partnership with Leading Colombian Mining Group to Formalize Artisanal Mining Production and Accelerate Exploration

Quimbaya Gold Inc. (CSE: QIM) (OTCQB: QIMGF) (FSE: K05) (‘Quimbaya Gold’ or the ‘Company’) is pleased to announce the signing of a binding Letter of Intent with Denarius Metals Corp. (Cboe CA: DMET) (OTCQX: DNRSF), establishing a 50:50 joint venture aimed at formalizing existing small-scale mining operations located within the Company’s Tahami Project, located in the Segovia Gold District of Antioquia, Colombia.

This collaboration seeks to integrate artisanal mining operations into a formalized structure to create mutually beneficial partnerships while supporting and empowering the host communities. Importantly, this initiative complements Quimbaya’s ongoing exploration efforts, including its planned 4,000-meter drilling campaign at Tahami South, by fostering stronger community relations and facilitating access to key areas. Both parties are working diligently to finalize a definitive agreement as soon as possible, subject to customary regulatory and corporate approvals.

Joint Venture Highlights

  • 50:50 Production Partnership: Equal profit sharing between Quimbaya and Denarius (via Zancudo Metals Corp.). Denarius will provide technical and financial support so that the artisanal miners can legalize their production within the mining legalization program.

  • Joint development targeted on the Tahami South and Tahami North areas within the Tahami Project. Exploitation will focus on concessions SHO-08001, SE9-13331, LJQ-08001 and HHII-21 owned by Quimbaya.

  • Formalization of Existing Activities: The partnership aims to formalize current artisanal mining operations, aligning with successful models in the region.

  • Support for Exploration: By formalizing artisanal mining activities, the joint venture enhances community engagement, supporting Quimbaya’s ongoing drilling and exploration initiatives.

  • Upcoming Cash Flow Opportunity: Upon finalizing the definitive agreement, efforts will commence to generate cash flow from the existing small-scale mining operations.

  • Complementary Strategy: This joint venture complements Quimbaya’s exploration objectives, ensuring continued focus on making a high-grade discovery at Tahami.

Figure 1. Location map of the Tahami South Project, adjacent to Aris Gold’s Segovia mine.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/11347/251048_6abcb253d488a8a7_001full.jpg

Strategic Importance

This agreement allows Quimbaya to tap into a proven model of success already active in the Segovia-Remedios Mining District (‘DMSR’ by its initials in Spanish), where formalized artisanal mining contributes to Aris Mining’s neighboring gold production. By partnering with Denarius – led by Serafino Iacono, a key figure behind the rise of Gran Colombia Gold (now Aris Mining), which was the largest underground gold and silver producer in Colombia for many decades and with current gold production of over 200,000 ounces per year from three main mines in the high-grade DMSR – Quimbaya gains access to a team with deep experience in turning artisanal mining into structured, profitable operations that benefit both communities and shareholders.

Figure 2. Location Map of the Tahami North Project.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/11347/251048_6abcb253d488a8a7_002full.jpg

‘This is a pivotal step for Quimbaya,’ said Alexandre P. Boivin, President and CEO of Quimbaya Gold, ‘ as partnering with one of the most experienced exploration and mining teams in Colombia will not only allow Quimbaya to quickly leverage this existing opportunity, but also to deliver on our community objective of helping formalize artisanal miners, while we continue advancing our broader exploration and drilling plans to make a high-grade gold discovery on the Tahami South property.’

About the Tahami Project

Located adjacent to Aris Mining’s flagship Segovia Operations-one of the highest-grade underground gold producers globally-the Tahami Project spans over 17,000 hectares across a district-scale vein system that shows analogies with the DMSR, with historic artisanal activity and substantial exploration upside. The area is supported by existing infrastructure, a favorable mining jurisdiction, and a strong tradition of gold production.

Figure 3. General map of the Tahami Project.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/11347/251048_6abcb253d488a8a7_003full.jpg

Qualified Person statement – Ricardo Sierra BSc. Geology, MAusIMM (3078246)

Quimbaya’s disclosure of technical and scientific information in this press release has been reviewed and approved by Ricardo Sierra (AusIMM), the Vice President Exploration for the Company, who is a Qualified Person as defined in National Instrument 43-101.

Completion of Corporate Continuance to British Columbia

The Continuance was approved by the shareholders of the Company at the annual general and special meeting of shareholders held on March 28, 2025 (the ‘Meeting’). The principal effects of the Continuance are set out in the management information circular for the Meeting dated February 14, 2025 (the ‘Circular’). Copies of the Circular and charter documents for the Continuance are available on SEDAR+ under the Company’s profile at www.sedarplus.ca.

About Quimbaya Gold Inc.

Quimbaya Gold Inc. is a Canadian junior exploration company focused on discovering gold resources through the exploration and acquisition of mining properties in Colombia’s prolific mining districts. The Company is actively advancing three projects in the Antioquia Province: the Tahami Project in Segovia, the Berrio Project in Puerto Berrio, and the Maitamac Project in Abejorral. Managed by an experienced team with deep local knowledge, Quimbaya is committed to creating value for its shareholders through strategic exploration and development initiatives.

Contact Information

Alexandre P. Boivin, President and CEO
apboivin@quimbayagold.com
+1-647-576-7135‎

Jason Frame, Manager of Communications
jason.frame@quimbayagold.com

Quimbaya Gold Inc.
Follow on X @quimbayagoldinc
Follow on LinkedIn @quimbayagold
Follow on Instagram @quimbayagoldinc
Follow on Facebook @quimbayagoldinc

Cautionary Statements

Certain statements contained in this press release constitute ‘forward-looking information’ as that term is defined in applicable Canadian securities legislation. All statements, other than statements of historical fact, included herein are forward-looking information. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as ‘intends’, ‘expects’ or ‘anticipates’, or variations of such words and phrases or statements that certain actions, events or results ‘may’, ‘could’, ‘should’, ‘would’ or ‘occur’. Forward-looking information by its nature is based on assumptions and involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Quimbaya to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements or information. These assumptions include, but are not limited to: the joint venture will be completed on the terms set forth in the letter of intent, the parties will perform their obligations under the joint venture and the results of the joint venture will be as expected. Although Quimbaya’s management believes that the assumptions made and the expectations represented by such information are reasonable, there can be no assurance that the forward-looking information will prove to be accurate. Furthermore, should one or more of the risks, uncertainties or other factors materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking statements or information. Readers are cautioned not to place undue reliance on forward-looking information as there can be no assurance that the plans, intentions or expectations upon which they are placed will occur. Forward-looking information contained in this news release is expressly qualified by this cautionary statement. The forward-looking information contained in this news release represents the expectations of Quimbaya as of the date of this news release and, accordingly, is subject to change after such date. Except as required by law, Quimbaya does not expect to update forward-looking statements and information continually as conditions change.

Neither the Canadian Securities Exchange nor its regulation services provider accepts responsibility for the adequacy or accuracy of this release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/251048

News Provided by Newsfile via QuoteMedia

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(TheNewswire)

NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

VANCOUVER, BC, May 7, 2025 TheNewswire – Heritage Mining Ltd. (CSE: HML FRA:Y66) (‘ Heritage ‘ or the ‘ Company ‘) is pleased announce results from its winter drill program at its flagship Drayton Black Lake (‘ DBL ‘) exploration project (Figure 1 and 2) in Sioux Lookout, Ontario.  The Company conducted scout drilling at the New Millennium orogenic gold target area utilizing its in-house drilling rig and team. The Company is also pleased to provide an update on its planned diamond drill program at the Zone 3 (DBL) Extension and Rognon Mine Area (Contact Bay) prospects.

Highlights:

  • Intersected multiple zones of strong gold mineralization in shallowly drilled holes (average 61m depth) at the New Millennium prospect, including HML25-003 (87m) which assayed 6m @ 1.05g/t gold, 3m @ 1.77g/t gold and 2m @ 1.78g/t gold (Table 1).

  • Broad zones of quartz veins were intersected in HML25-006, which assayed 13m @ 0.23g/t gold

  • Zone 3 Extension scout drill program commenced, and the first hole has been completed intersecting a granite cut by quartz – sulphide veins over broad intervals

  • Received additional drill permit for targets within the Rognon Mine Area

  • Secured a second drill rig for the diamond drill program at Zone 3 Extension and Rognon Mine Area, targets will be drilled simultaneously

‘These initial drill results from New Millennium are highly encouraging, considering the average hole depth is only 61 meters.  These scout holes confirm the presence of mineralized vein swarms and structures, validating historical high-grade surface samples.  We have also secured an additional diamond drill rig to fast track our exploration agenda drilling Zone 3 and Rognon Mine simultaneously. This, combined with receiving additional diamond drill permits at the Rognon Mine Area, truly unlocks our potential for discovery significantly ahead of schedule while maintaining established cost efficiencies. With additional financial support, we are in a strong position to advance our exploration initiatives heading into the summer. We look forward to communicating further results on our ongoing 2025 diamond drill exploration program utilizing our cost-effective exploration operations including in-house drilling team on current and additional targets being developed.’ Commented Peter Schloo, President, Director and CEO of Heritage.

The Company is also pleased to announce a non-brokered private placement consisting of 3,000,000 flow- flow-through units (‘ FT Units ‘) at a price of $0.05 per FT Unit for gross proceeds of C$150,000 to a strategic investor (the ‘ Offering ‘). Each FT Unit consists of one flow through common share (‘ FT Common Share ‘) and one Warrant (‘ FT Unit Warrant ‘) with each FT Unit Warrant entitling the holder to purchase one Common Share at an exercise price of $0.10 for a period of 60 months from issuance, subject to acceleration provisions. Each FT Common Share which will qualify as a ‘flow-through share’ as defined in subsection 66(15) of the Income Tax Act (Canada).

Closing of the Offering is expected to occur on or around May 14, 2025 (the ‘ Closing Date ‘).  The Offering is subject to all customary approvals. Proceeds of the Offering will be used to fund the Company’s planned exploration and drilling programs on its Drayton-Black Lake Project and Contact Bay and general working capital. The securities issued pursuant to the Offering will be subject to a four month hold period under applicable securities laws. In connection with the Offering, certain finders may receive a cash fee and/or non-transferable finder warrants.


Click Image To View Full Size

Figure 1: Ontario Project Portfolio 2025 Diamond Drill Program


Click Image To View Full Size

Figure 2: DBL Project: TMI over Bedrock Geology

New Millennium 2025 Diamond Drill Program Overview

Nine drill holes for a total of 556 meters were completed from three drill pads along a 150-meter strike of this newly identified vein set within the New Millennium target area (Figure 2).  Dilling intersected multiple sets of mineralized veins (Table 1) and shear zones within an interpreted multi-deformation folded sequence (Figure 3).


Click Image To View Full Size

The Company is concurrently developing low-cost surficial exploration to advance the New Millennium target drill area (Figure 2 – inset map).  Key upcoming programs may include the stripping and trench sampling of known vein sets and high-resolution basal till sampling across interpreted fold noses.

Table 1: Significant assays for New Millennium 2025 winter scout drilling program

Hole_ID

Target

From

To

Au g/t

Length

Composite

HML25-003

New Millennium

18

20

1.78

2

2.0 m of 1.78 g/t Au

And

New Millennium

41

47

1.05

6

6.0 m of 1.05 g/t Au

And

New Millennium

71

74

1.77

3

3.0 m of 1.77 g/t Au

HML25-004

New Millennium

38

42

0.77

4

4.0 m of 0.77 g/t Au

HML25-006

New Millennium

52

65

0.23

13

13.0 m of 0.23 g/t Au

HML25-007

New Millennium

62.5

70.6

0.78

8.1

8.1 m of 0.78 g/t Au

Hole_ID

Target

From

To

Au g/t

Length

Composite

HML25-003

New Mellenium

18.0

20.0

1.78

2.0

2.0 m of 1.78 g/t Au

And

New Mellenium

41.0

47.0

1.05

6.0

6.0 m of 1.05 g/t Au

And

New Mellenium

71.0

74.0

1.77

3.0

3.0 m of 1.77 g/t Au

HML25-004

New Mellenium

38.0

42.0

0.77

4.0

4.0 m of 0.77 g/t Au

HML25-006

New Mellenium

52

65

0.23

13.0

13.0 m of 0.23 g/t Au

HML25-007

New Mellenium

62.5

70.6

0.78

8.1

8.1 m of 0.78 g/t Au

Note- Significant intervals for exploration drilling calculated using a 0.1 g/t Au cutoff, 2.0m minimum length and 3.0m maximum consecutive internal waste. High-grade intervals calculated using a 1.0 g/t Au cutoff, 3.0m minimum length and a 3.0m maximum consecutive

Zone 3 Extension

The 2024 drill program at Zone 3 Extension identified granite hosted mineralisation and features consistent with a magmatic source for the gold mineralisation. This opens the potential for more widespread mineralisation in the Heritage tenements, outside of the traditional focus which is on orogenic lode style mineralization in the volcanics. Dr. Gregg Morrison, consultant to HML, reviewed 2024 Zone 3 drill core, commenting that it has ‘demonstrated similarities to other deposits in the region, particularly to the 5.8Moz granite-hosted Hammond Reef Deposit of Agnico Eagle.’

The Company is currently scout drilling at Zone 3 Extension, testing along a linear mag-feature that is 2km long and up to 200m wide.    The first scout hole is completed and is considered a technical success, intersecting multiple zones of granite cut by broadly spaced, cm-scale quartz – pyrite – chalcopyrite veins (Figure 4).  Samples are currently being processed at our four-season core shack facility. Additional exploration programs for 2025 in this area are being considered including till sampling across structural controls to Zone 10 and east west from New Millennium to Split Lake Target areas as well as scout diamond drilling.


Click Image To View Full Size


Figure 4: HML25-010 Box 24 102.48m to 106.72m – Granite cut by quartz – sulphide veins

Rognon Mine – Contact Bay Project

The former Rognon/Wachman Mine produced 22.2 oz of gold and 0.5 oz of silver from 49 tons milled while in operation between 1916 and 1918 (Reference MLAS number MDI000000000779).  Development is reported to be a shaft 106 ft deep with 307 ft of lateral development on two levels, including a raise to surface from the first (50 ft) level.  There are surface indications that suggest the vein extends at least 750m in length (trenching, shafts, pits, historical mining) including five historical shafts (two production shafts and three exploration shafts).  Heritage plans to undertake a maiden scout drilling program to test this vein system along strike and at depth, drilling is expected to commence mid-May.

An additional permit has been received to drill geophysical anomaly believed to related to the old Rognon Mine (Figure 5). A drill program for ~2175m in eleven drill holes has been designed and budgeted for the Rognon Mine area that lies within Contact Bay Project (Figure 5).


Click Image To View Full Size

Figure 5: Planned Diamond Drill holes over UAV Mag inversion model (2024)

Qualified Person

Stephen Hughes P. Geo, Strategic Advisor for the Company, serves as a qualified person as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects and has reviewed the scientific and technical information in this news release, approving the disclosure herein.

ABOUT HERITAGE MINING LTD.

The Company is a Canadian mineral exploration company advancing its two high grade gold-silver-copper projects in Northwestern Ontario. The Drayton-Black Lake and the Contact Bay projects are located near Sioux Lookout in the underexplored Eagle-Wabigoon-Manitou Greenstone Belt . Both projects benefit from a wealth of historic data, excellent site access and logistical support from the local community. The Company is well capitalized, with a tight capital structure.

For further information, please contact:

Heritage Mining Ltd.

Peter Schloo, CPA, CA, CFA

President, CEO and Director

Phone: (905) 505-0918

Email: peter@heritagemining.ca

FORWARD-LOOKING STATEMENTS

This news release contains certain statements that constitute forward looking information within the meaning of applicable securities laws. These statements relate to future events of the Company. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as ‘seek’, ‘anticipate’, ‘plan’, ‘continue’, ‘estimate’, ‘expect’, ‘forecast’, ‘may’, ‘will’, ‘project’, ‘predict’, ‘potential’, ‘targeting’, ‘intend’, ‘could’, ‘might’, ‘should’, ‘believe’, ‘outlook’ and similar expressions are not statements of historical fact and may be forward looking information. All statements, other than statements of historical fact, included herein are forward-looking statements.

Forward looking information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance, or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such risks include, among others, the inherent risk of the mining industry; adverse economic and market developments; the risk that the Company will not be successful in completing additional acquisitions; risks relating to the estimation of mineral resources; the possibility that the Company’s estimated burn rate may be higher than anticipated; risks of unexpected cost increases; risks of labour shortages; risks relating to exploration and development activities; risks relating to future prices of mineral resources; risks related to work site accidents, risks related to geological uncertainties and variations; risks related to government and community support of the Company’s projects; risks related to global pandemics and other risks related to the mining industry. The Company believes that the expectations reflected in such forward-looking information are reasonable, but no assurance can be given that these expectations will prove to be correct and such forward‐looking information should not be unduly relied upon. These statements speak only as of the date of this news release. The Company does not intend, and does not assume any obligation, to update any forward‐looking information except as required by law.

This document does not constitute an offer to sell, or a solicitation of an offer to buy, securities of the Company in Canada, the United States, or any other jurisdiction. Any such offer to sell or solicitation of an offer to buy the securities described herein will be made only pursuant to subscription documentation between the Company and prospective purchasers. Any such offering will be made in reliance upon exemptions from the prospectus and registration requirements under applicable securities laws, pursuant to a subscription agreement to be entered into by the Company and prospective investors.

Copyright (c) 2025 TheNewswire – All rights reserved.

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Radiopharm Theranostics (ASX:RAD, Nasdaq: RADX, ‘Radiopharm’ or the ‘Company’), a clinical-stage biopharmaceutical company focused on developing innovative oncology radiopharmaceuticals for areas of high unmet medical need, today announced that members of management will be participating in the D. Boral Capital Inaugural Global Conference on May 14, 2025, in New York City.

To register for one-on-one meetings with management in New York City, interested parties should contact John Perez at jperez@dboralcapital.com.

About Radiopharm Theranostics

Radiopharm Theranostics is a clinical stage radiotherapeutics company developing a world-class platform of innovative radiopharmaceutical products for diagnostic and therapeutic applications in areas of high unmet medical need. Radiopharm is listed on ASX (RAD) and on NASDAQ (RADX). The company has a pipeline of distinct and highly differentiated platform technologies spanning peptides, small molecules and monoclonal antibodies for use in cancer. The clinical program includes one Phase 2 and three Phase 1 trials in a variety of solid tumor cancers including lung, breast, and brain. Learn more at radiopharmtheranostics.com .

Authorized on behalf of the Radiopharm Theranostics Board of Directors by Executive Chairman Paul Hopper.

For more information:

Investors:
Riccardo Canevari
CEO & Managing Director
P: +1 862 309 0293
E: rc@radiopharmtheranostics.com

Anne Marie Fields
Precision AQ (formerly Stern IR)
E: annemarie.fields@precisionaq.com

Media:
Matt Wright
NWR Communications
P: +61 451 896 420
E: matt@nwrcommunications.com.au

Follow Radiopharm Theranostics:
Website – https://radiopharmtheranostics.com/
X – https://x.com/TeamRadiopharm
LinkedIn – https://www.linkedin.com/company/radiopharm-theranostics/
InvestorHub – https://investorhub.radiopharmtheranostics.com/

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Indiana Pacers star Tyrese Haliburton had an injury scare during Game 2 against the Cleveland Cavaliers.

In the second quarter of Indiana’s Eastern Conference semifinal matchup against the Cavaliers, Haliburton was awaiting a defensive rebound when he got bumped by Jarrett Allen and Craig Porter Jr. It appeared he got his left hand caught in the the bump and he ran off toward his team’s bench in visible pain.

Haliburton was then holding his left hand as he made his way back down the court.

Haliburton didn’t miss any action, but he got X-rays on his left wrist at halftime, according to TNT sideline reporter Jared Greenberg. His left wrist was taped up as he came out for the second half but he continued to play in Game 2.

The injured wrist turned out not to be a major concern for the rest of Tuesday night’s game. After a pedestrian start to the night, Haliburton picked up his game in the second half as he propelled his team back from an 11-point halftime deficit.

Down two points in the final seconds, Haliburton hit a step back 3-pointer with one second left to stun Cleveland and give the Pacers the victory and a 2-0 series lead. He finished with 19 points, nine rebounds and four assists.

Tyrese Haliburton update on wrist

There wasn’t much concern from Haliburton his left wrist postgame. He told reporters the wrist is sore but indicated he will be good for Game 3.

‘It’s fine,’ Haliburton said. ‘Obviously, a little sore.’

Haliburton will also get some time to rest the left wrist before Indiana’s next contest. Game 3 against Cleveland will be Friday at Gainbridge Fieldhouse.

(This story was updated to add new information.)

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Shedeur Sanders wasn’t the first player in NFL draft history to be taken later than expected and he won’t be the last. At the very least, he won’t be alone.

In some ways, Sanders joined some good company after sliding down the board.

Sanders was selected by the Cleveland Browns with the 144th overall pick in the 2025 NFL Draft. Rumors swirled that the Colorado quarterback could’ve been taken 142 picks earlier by the same team, but landing in the fifth round was clearly a shock.

Tom Brady knows a thing or two about being drafted late in the process after he was famously selected with the 199th pick in the 2000 NFL Draft. The future Hall of Fame quarterback turned NFL on Fox broadcaster and part-owner of the Las Vegas Raiders had some words for the prospect.

During an appearance on the IMPAULSIVE podcast, Brady shared that he spoke with Sanders via text.

‘I actually texted Shedeur because I know him very well,’ Brady said. ‘And I said, ‘Dude, whatever happens, wherever you go, that’s your first day. Day 2 matters more than the draft.’ I was 199. So who can speak on it better than me? Like what that really means. Use it as motivation, you’re going to get your chances and go take advantage of it.’

Brady added that it’s about Sanders’ performance at this point, highlighting some of his teammates that also weren’t picked early in the draft.

‘I was around some of the best players who were undrafted free agents. They were Rodney Harrison. Rodney Harrison wasn’t a high pick. Julian Edelman wasn’t a high pick. Wes Welker wasn’t a high pick. Danny Amendola. All those guys were phenomenal players. So what’s it matter than some overhyped day where a lot of people are selling stories and saying, ‘Alright this is the big day and this is the draft and it’s an important day and it’s fun and I love you know watching it and seeing it?”

The seven-time Super Bowl champion pointed out that he’s been there on Day 2 when those players are tasked with learning a playbook and becoming part of the locker room.

Sanders will have a long road ahead of him in order to compete for the Browns’ starting gig. Heading into training camp, he’s likely the fifth quarterback on the depth chart. He’ll likely slide up to fourth as long as Deshaun Watson remains sidelined.

Still, Sanders will have to leap over Joe Flacco, Kenny Pickett and fellow 2025 draft pick Dillon Gabriel to land a roster spot.

The odds for a fifth-round pick to do that are certainly stacked against him. Of course, Sanders isn’t a normal fifth-round pick.

He also has the greatest quarterback of all time in his corner. It remains to be seen if that will count for something in Cleveland.

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Jacob Slavin’s goal 3:06 into overtime gave the Carolina Hurricanes a 2-1 victory Tuesday over the host Washington Capitals in Game 1 of their Stanley Cup Playoff second-round matchup.

The defenseman’s first overtime playoff goal came on the Hurricanes’ 94th shot attempt of the game (their 33rd on net). Logan Stankoven scored his third goal of the postseason and Jesperi Kotkaniemi set it up. Jordan Martinook and Dmitry Orlov assisted on the game-winner.

Frederik Andersen made 13 saves in his first action since leaving in the second period of Game 4 of Carolina’s first-round series with the New Jersey Devils on April 27.

Aliaksei Protas scored his first career playoff goal for the Capitals, with Brandon Duhaime and John Carlson earning assists. Thompson, meanwhile, stopped 31 shots while under pressure all night.

Carolina set the tone in the first period, outshooting the Capitals 12-5. None went past Thompson, though, as just three of those came from near the net. Washington also blocked 15 shot attempts in the period and had 32 for the game.

Despite that control, it was the Capitals who struck first 3:52 into the second. Carlson cleared the puck from the Carolina attack zone and Duhaime was able to spring Protas, who skated along the boards and beat the drawn-out netminder on a wrist shot from the right circle.

Protas scored in just his second game back after recovering from a deep cut he suffered to his left foot in an April 4 game against the Chicago Blackhawks.

The goal did not change the style of play as the Hurricanes continued to pepper shot attempts. They had 70 through the first two periods. However, it took a turnover near the Capitals’ net midway through the third period that allowed the Hurricanes to even the score.

Kotkaniemi got the puck after Capitals defenseman Alexander Alexeyev lost it in the left faceoff circle. The Finnish forward found Stankoven in the slot, and the 22-year-old, acquired in the Mikko Rantanen trade two months ago, capitalized on the Capitals’ mistake with 10:18 left in regulation.

Carolina won despite losing center Mark Jankowski, who sustained an undisclosed injury.

Jankowski, appearing in his third game of this year’s playoffs, was last on the ice with 4:42 remaining in the second period.

Edmonton Oilers rally past Vegas Golden Knights

Zach Hyman scored the go-ahead goal with 3:02 remaining and Connor Brown sealed the win 76 seconds later as the Edmonton Oilers rallied to defeat the Vegas Golden Knights, 4-2, in Game 1 of the Western Conference second round on Tuesday night in Las Vegas.

Hyman buried a wrist shot from the slot past goalie Adin Hill’s glove side for the game-winner — his third tally of the playoffs.

Brown added his fourth goal when he deked defenseman Shea Theodore at the blue line, broke down the slot and fired a wrist shot past Hill’s glove side. That completed the Oilers’ fifth straight comeback victory in the playoffs.

Leon Draisaitl had a goal and an assist, Connor McDavid and Evan Bouchard each had two assists and Corey Perry also scored for Edmonton, which had a four-game playoff winning streak snapped. Calvin Pickard finished with 15 saves.

Mark Stone scored both goals and Hill made 24 saves for Vegas, which had a streak of five Game 1 playoff wins snapped. Stone moved into a tie with Jonathan Marchessault for the franchise record with 36 postseason goals.

Vegas took a 1-0 lead at the 2:13 mark of the first period on a power-play goal by Stone. Vegas took advantage of an early double-minor penalty on Ryan Nugent-Hopkins for high-sticking Tomas Hertl along the end boards.

The score came on a double deflection of Theodore’s point shot, which changed direction off the stick of William Karlsson and then deflected off Stone’s stick, clanged off the left post and went into the net.

Stone made it 2-0 midway through the period with a wrist shot from the low slot five-hole. It came off Jack Eichel’s pass.

The Oilers cut the deficit to 2-1 near the end of the period when Perry took a pass from McDavid by the left side of the crease and then wrapped a wrist shot around Hill’s left pad. It was his third goal of the playoffs.

Edmonton dominated a scoreless second period, outshooting the Golden Knights 12-1, but couldn’t take advantage of two power plays. Adam Henrique had the best chance to tie it, but his wrist shot from the high slot caromed off the crossbar.

The Oilers tied it 2-2 just 57 seconds into the third period when Draisaitl, behind the goal line, backhanded a rebound of Bouchard’s shot that banked in off the back of Hill’s right leg. It was his fourth goal of the playoffs.

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Two weeks ago, Shedeur Sanders was expected to be a first-round pick in the 2025 NFL draft. The consensus No. 2 quarterback in the class led college football in completion percentage in 2024 and helped the Colorado Buffaloes to their first nine-win season since 2014.

But Sanders slid from Round 1 to Round 5 as the Cleveland Browns traded up to secure a potential starting quarterback for the 2025 season.

His slide was the biggest storyline of draft weekend. Now, a Colorado Buffaloes fan is seeking $100 million in damages in a lawsuit filed against the NFL for Sanders’ drop to the fifth round, according to a filing obtained by USA TODAY.

The plaintiff – referred to as John Doe in the filing – alleges in the complaint that ‘the NFL’s actions and the dissemination of slanderous statements have caused severe emotional distress and trauma.’

Per the filing, Doe is a Georgia resident and a ‘dedicated fan of Colorado football’ who attended the Colorado vs. TCU football game in 2023. The Buffaloes won 45-42 as Sanders completed 38 of 47 passes for 510 yards and four touchdowns.

Doe alleges that the reports of Sanders’ performance in interviews ‘contributed to a narrative that has unjustly harmed his reputation as and potential as a player.’

The filing alleges the NFL violated:

  • The Sherman Antitrust Act because teams colluded to influence Sanders’ fall to the fifth round;
  • The Civil Rights Act because that fall ‘may have been influenced by racial discrimination’
  • Consumer protection laws because the league misrepresented the ‘nature of the drafting process and qualifications of players.’

The plaintiff is seeking $100 million in punitive damages.

The lawsuit was filed in a U.S. District Court in Atlanta. At the time of publishing, the NFL has not put out a statement in response to the lawsuit.

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