Breaking
Americans Rule Trading
Author

admin

Browsing
Investing

Homerun Resources Inc. Announces Future Production of 100% Antimony-Free Solar Glass in Brazil

Investing 5 Mins Read

Homerun Resources Inc. (TSXV: HMR,OTC:HMRFF) (OTCQB: HMRFF) (‘Homerun’ or the ‘Company’) is pleased to announce that our technical partners in the Belmonte (BA) Solar Glass Manufacturing project have confirmed that the exceptional purity of the silica sand from the Company’s resources in the Santa Maria Eterna District will allow the Company to offer customers a portfolio of solar glass that is 100% free of added antimony compounds.

In traditional solar glass manufacturing, antimony improves refining, prevents oxidation of iron ions, resulting in higher transmittance and fewer defects. However, the global solar industry is at an inflection point. Concerns are rising about the environmental toxicity and recyclability challenges posed by antimony, a heavy metal flagged by the USEPA as hazardous at even minuscule concentrations. Leading regulatory bodies in Europe and the U.S. are increasingly emphasizing antimony-free standards for solar glass, with Germany’s latest PV manufacturing guidelines and the EU’s Ecolabel directive setting new environmental boundaries for imported and locally produced panels.

Homerun’s technical partners advise that the Company will produce solar glass that is 100% free of added antimony from the initiation of production. Equipment and furnace design are already prepared, with the same or less CAPEX required. Operational adjustments are minor and within the existing specifications and should result in reduced OPEX since antimony substitutes are less costly. This is only possible because of the exceptionally low oxidizable iron ions levels, below 20ppm, of the Company’s HPQ silica sand in Santa Maria Eterna, Belmonte, Bahia, Brazil.

Bans and restrictions on antimony use in solar glass are increasing global demand for high-purity, low-iron silica sand as glassmakers shift to safer, more sustainable feedstocks that can deliver the required optical clarity and durability without chemical additives. As antimony-free manufacturing becomes the industry standard, only silica sand with extremely low iron content is suitable for premium solar glass. This should add demand and add increased value in the marketplace for these scarce low iron feedstocks.

This innovation comes at a crucial moment for the global solar sector. Demand for cleaner PV technologies is soaring, as industry analysts anticipate solar module and glass waste volumes reaching 1.5-1.7 million tons by 2030, with antimony residues presenting long-term risks for people and ecosystems. The ability to supply 100% antimony-free solar glass positions Homerun Resources as a market leader delivering both superior performance and uncompromising health and environmental standards and developing complete recycling toward a true circular solar economy.

‘Starting our operations without adding antimony represents a decisive economic and environmental milestone for Homerun. By leveraging the exceptional purity of our silica sand resources, we can combine cutting-edge technology with the highest standards of environmental responsibility, positioning the Company as a leader in the global solar glass industry,’ stated Odir Pedrazzi, Vice-President of Operations for Homerun.

Independent test results from institutions like Switzerland’s SPF confirm that antimony-free solar glass offers the highest efficiency and resilience against photo-degradation among all major glass formats. [1]

Sources: [1] https://borosilrenewables.com/product/nosbera-antimony-free-solar-glass

About Homerun (www.homerunresources.com)

Homerun (TSXV: HMR,OTC:HMRFF) is a vertically integrated materials leader revolutionizing green energy solutions through advanced silica technologies. As an emerging force outside of China for high-purity quartz (HPQ) silica innovation, the Company controls the full industrial vertical from raw material extraction to cutting-edge solar, battery and energy storage solutions. Our dual-engine vertical integration strategy combines:

Homerun Advanced Materials

  • Utilizing Homerun’s robust supply of high purity silica sand and quartz silica materials to facilitate domestic and international sales of processed silica through the development of a 120,000 tpy processing plant.

  • Pioneering zero-waste thermoelectric purification and advanced materials processing technologies with University of California – Davis.

Homerun Energy Solutions

  • Building Latin America’s first dedicated high-efficiency, 365,000 tpy solar glass manufacturing facility and pioneering new solar technologies based on years of experience as an industry leader in developing photovoltaic technologies with a specialization in perovskite photovoltaics.

  • European leader in the marketing, distribution and sales of alternative energy solutions into the commercial and industrial segments (B2B).

  • Commercializing Artificial Intelligence (AI) Energy Management and Control System Solutions (hardware and software) for energy capture, energy storage and efficient energy use.

  • Partnering with U.S. Dept. of Energy/NREL on the development of the Enduring long-duration energy storage system utilizing the Company’s high-purity silica sand for industrial heat and electricity arbitrage and complementary silica purification.

With multiple profit centers built within the vertical strategy and all gaining economic advantage utilizing the Company’s HPQ silica, across, solar, battery and energy storage solutions, Homerun is positioned to capitalize on high-growth global energy transition markets. The 3-phase development plan has achieved all key milestones in a timely manner, including government partnerships, scalable logistical market access, and breakthrough IP in advanced materials processing and energy solutions.

Homerun maintains an uncompromising commitment to ESG principles, deploying the cleanest and most sustainable production technologies across all operations while benefiting the people in the communities where the Company operates. As we advance revenue generation and vertical integration in 2025, the Company continues to deliver shareholder value through strategic execution within the unstoppable global energy transition.

On behalf of the Board of Directors of
Homerun Resources Inc.

‘Brian Leeners’

Brian Leeners, CEO & Director
brianleeners@gmail.com / +1 604-862-4184 (WhatsApp)

Tyler Muir, Investor Relations
info@homerunresources.com / +1 306-690-8886 (WhatsApp)

FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE

The information contained herein contains ‘forward-looking statements’ within the meaning of applicable securities legislation. Forward-looking statements relate to information that is based on assumptions of management, forecasts of future results, and estimates of amounts not yet determinable. Any statements that express predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance are not statements of historical fact and may be ‘forward-looking statements’.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) 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/269592

News Provided by Newsfile via QuoteMedia

This post appeared first on investingnews.com

Keep Reading
Investing

Saskatchewan Implements New Lithium Royalty

Investing 3 Mins Read

Saskatchewan has introduced a new royalty framework for lithium production, marking a major step toward supporting the province’s growing role in Canada’s critical minerals sector.

The amendments to The Subsurface Mineral Royalty Regulations, 2017 formally establish a 3 percent Crown royalty on the value of brine mineral sales, coupled with a two-year holiday for new productive capacity.

Provincial officials said the change aligns Saskatchewan’s royalties for lithium with those already applied to potash, salt, and sodium sulphate, and keeps the province competitive with leading jurisdictions worldwide.

“Lithium is a critical mineral that is expected to see strong demand and growth in the decades ahead, and Saskatchewan is well-positioned to take advantage of this opportunity,” Energy and Resources Minister Colleen Young said.

“By putting this royalty framework in place now, we are providing certainty for industry, while ensuring the people of Saskatchewan benefit as this sector develops,” Young added.

Industry participants welcomed the move, calling it a clear signal that the province intends to be a serious player in the global lithium supply chain.

Canada-based explorer EMP Metals (CSE:EMPS,OTCQB:EMPPF) described the rate as internationally competitive and a meaningful boost for project economics.

“This is very welcome news. The government of the province of Saskatchewan has once again proven itself to be supportive of lithium production in the province,” EMP Metals CEO Karl Kottmeier said. “This is a highly competitive royalty rate internationally, and a two-year royalty holiday on new production immediately makes a positive impact on financial modelling of what is already a compelling business case for our Project Aurora lithium production project.”

Grounded Lithium (TSXV:GRD) President and CEO Gregg Smith also noted that the policy encourages further investment while recognizing the high upfront costs of developing processing capacity.

“This new regulatory framework provides a reasonable royalty rate while also recognizing the significant risk and initial investment companies make in processing facilities to ultimately achieve commercial production,” Smith said.

Saskatchewan has emerged as one of Canada’s top destinations for mining investment. The Fraser Institute’s Annual Survey of Mining Companies ranked it the country’s leading jurisdiction, with the province projected to attract over US$7 billion in mining investment this year — more than a quarter of Canada’s total.

The lithium framework also aligns with the province’s broader Critical Minerals Strategy, launched in 2023 to position Saskatchewan as a key contributor to Canada’s resource independence and energy transition.

The plan targets a 15 percent share of national mineral exploration by 2030, the doubling of critical mineral production, and the expansion of existing potash, uranium, and helium output.

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

This post appeared first on investingnews.com

Keep Reading
Investing

Silver’s New Price Era: What Happens at US$50 and Beyond?

Investing 7 Mins Read

The price of silver is rallying close to its record high, up 62 percent since the start of the year as of October 8.

The silver all-time high was US$49.95 per ounce, which it achieved on January 17, 1980. Now less than a dollar shy of that target, trading at the US$49.50 per ounce level, the white metal is at prices not seen since 2011.

The current move in the silver price is being driven by persistent supply deficits in the face of increased demand for safe-haven investments, as well as industrial usage in solar panels and electric vehicles.

There’s been a lot of excitement around the surge in the gold price to nearly US$4,000 per ounce, leaving many silver bugs to wonder when their favored precious metal will post its own series of record highs. To do that, silver experts say the metal’s price will need to make a sustainable break over the psychologically important US$50 level.

Why is it psychologically important? Because silver has never surpassed that mark, and any past attempts have resulted in deep corrections as spooked traders took their profits and exited the sector.

There are musings in the market that this time might be different.

Is that true? And what happens if silver does break above US$50 this time?

Is today’s silver price run different?

The main differences between this latest push to US$50 silver and previous run-ups in 1980 and 2011 can be seen in the metal’s strong fundamentals and the entrenched devaluation of fiat currencies.

Rather than being fueled by frenzied speculation, today’s silver market is more industrialized, and the investment options have greatly expanded with the growth of silver exchange-traded funds (ETFs).

According to the Silver Institute, industrial demand grew by 4 percent year-on-year in 2024 to 680.5 million ounces. While growth is expected to be flat in 2025, industrial demand is projected to represent 59 percent of total silver demand for the year. The solar sector is projected to consume 195.7 million ounces of silver in 2025.

The Silver Institute reported in July that net inflows into silver exchange-traded products reached 95 million ounces in the first half of 2025, surpassing the total for the full 2024 year. As of October 7, the iShares Silver Trust (ARCA:SLV), the biggest silver ETF, is up more than 60 percent year-to-date as investors flock to safe-haven assets.

Mine production of silver has lagged behind demand for years now, and Metals Focus predicts the silver market is on track for one of the largest supply deficits on record, coming in at a projected 187.6 million ounces for 2025.

Such a weighty deficit has many silver analysts not at all shy of calling for US$50 silver.

But can the market maintain that price level?

What happens if silver breaks US$50?

“Psychologically, silver’s never gotten over US$50 and really stayed there, and it hasn’t in 50 years,” he said. He believes it’s an accomplishable feat that will not only have a profound effect on the psychology of silver investors, but also on the automated algorithm system in today’s silver futures trade. The result could be “blue sky” territory for the silver price.

In terms of investor psychology, Morgan sees two sides to the silver coin once US$50 arrives — bulls who will think silver’s next stop is the moon, and bears who will fret that silver is about to crash as it has done historically.

‘And no one can pick that ahead of time, but I do think that the psychology will be favorable to silver.’

Independent precious metals analyst Ted Butler would agree with Morgan’s market assessment.

“However, I do think that we will eventually break through US$50. I’m not sure if it’s going to be exactly in this cycle,” he said. “You know, in the near term, at the end of this year, there might be some sort of high-level consolidation, as (David) Morgan calls it, or some kind of healthy correction, but ultimately it will break through.”

In Butler’s view, US$50 is the point when mainstream media coverage will really kick in. That will bring about the public participation phase of the cycle for silver, with generalists buying in.

“And that’s going to all pile up on top of the institutional demand that’s already starting to build up,” he said.

On the technical side, Butler sees signs of a US$50 breakthrough on the horizon based on the fact that the silver market has entered backwardation, “which is a phenomenon where the futures price trades below the spot physical price.”

This could lead to major demand for physical silver, with investors perhaps even deciding to take delivery of their SLV holdings. A run on physical silver, already in a deficit, could trigger even more dramatic price spikes.

What could make US$50 silver more sustainable?

The price of the metal will need to pull back and consolidate around a strong base of support if silver is to buck the historical trend and make a more sustainable move above US$50.

Morgan said this will allow the silver price to move higher “with more authority.’

Structurally, the fundamentals are in place to support a higher silver price — especially given rising industrial demand in China, particularly for high-tech facilities and solar panels, and strong investment demand in India.

Notably, India is becoming a hotspot for silver ETFs ever since its Securities and Exchange Board approved the products in late 2021. In July, Reuters reported that returns from silver-backed ETFs in India had surpassed those of gold.

Butler believes India is a major source of new demand in the silver market and a big driver of prices this cycle. He reported that silver exchange-traded products made up 40 percent of India’s total retail investment demand in 2024. That’s a trend he says has continued into this year, with silver imports into India now at record highs.

One of the obvious downside risks to a higher silver price is of course higher costs for industrial end users and consumers. Take solar panels, for example. The silver price has basically doubled in the past 18 months, which makes this technology more expensive to make, and could result in changes from manufacturers.

“But that doesn’t change my long-term perspective on silver, that we’re still in a supply deficit,” said Butler, also noting that from a production standpoint it takes 10 to 15 years to bring a new silver mine online.

For Morgan, silver’s duality as both an industrial and precious metal is what makes it such an attractive investment. Now that both sides are taking a strong position in this market, the generalist investor is likely to have more confidence when it comes to getting in and staying in silver as it crosses over the formidable US$50 level.

“No market goes to the moon, but I still think we’re so undervalued relative to gold, relative to the stock market, and we have these dynamics,” he said. “If we get institutions and industrial users vying for the safe stockpile of silver, and the public comes back in, we have some price appreciation ahead of us.”

However, he doesn’t see US$70 silver or higher in the near term. Give it a few years.

When will silver hit US$50?

Both Morgan and Butler agree the market may not see US$50 this year, and that’s probably a good thing.

Before we get there, silver market guru Morgan thinks we’re likely to see a “big shake off” in the price, potentially this October. Butler sees silver crossing the US$50 level, or the Rubicon as Morgan put it, perhaps early next year.

Both analysts believe such a correction is necessary, especially at the US$46 to US$48 level, as opposed to surging straight up. “It would be a lot healthier for the silver price’s long-term sustainability to stay there,” said Butler.

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

This post appeared first on investingnews.com

Keep Reading
Business

Paramount acquires Bari Weiss’ The Free Press, naming her the top editor of CBS News

Business 3 Mins Read

The newly formed media corporation Paramount Skydance has acquired The Free Press, an online news and commentary outlet co-founded by Bari Weiss, who will join CBS News as editor-in-chief.

Weiss launched The Free Press in 2021 with her wife, Nellie Bowles, and her sister, Suzy Weiss. They have presented the publication as a heterodox alternative to the legacy news media and a bulwark against “ideological narratives,” particularly on the political left.

Bari Weiss in New York in 2024.Noam Galai / Getty Images for The Free Press file

The acquisition is one of Skydance chief David Ellison’s most significant early moves to reshape the news unit at Paramount, which he acquired in a blockbuster $8 billion deal earlier this year.

In seeking federal approval of the merger, Skydance vowed to embrace “diverse viewpoints” and represent “the varied ideological perspectives of American viewers.” The company also pledged to install an ombudsman at the nearly 100-year-old CBS News operation.

“This partnership allows our ethos of fearless, independent journalism to reach an enormous, diverse, and influential audience,” Weiss said in a news release. “We honor the extraordinary legacy of CBS News by committing ourselves to a singular mission: building the most trusted news organization of the 21st Century.”

The Free Press has roughly 1.5 million subscribers on Substack, with more than 170,000 of them paid, according to Paramount Skydance. The Financial Times estimated that the publication generates more than $15 million in annual subscription revenue. NBC News has not independently verified that figure.

“Bari is a proven champion of independent, principled journalism, and I am confident her entrepreneurial drive and editorial vision will invigorate CBS News,” Ellison said in a statement. “This move is part of Paramount’s bigger vision to modernize content and the way it connects — directly and passionately — to audiences around the world.”

The acquisition talks between Ellison and Weiss were first reported in late June by Status, a media industry newsletter. Ellison is the son of billionaire tech mogul Larry Ellison, the co-founder of the software firm Oracle.

Weiss co-founded The Free Press after quitting the opinion section of The New York Times. In a resignation letter that was published online, Weiss decried what she characterized as the “illiberal environment” at the newspaper.

The Free Press earned wide attention in April 2024 after it published an essay from Uri Berliner, a senior business editor at National Public Radio who accused his employer of organizing around a “progressive worldview.” Berliner then resigned from NPR and joined The Free Press.

The publication’s regular stable of columnists includes Tyler Cowen, an economist and podcaster; Matthew Continetti, the author of a book about the evolution of American conservatism; and Niall Ferguson, a British-American historian.

CBS News has repeatedly found itself in the national spotlight in recent months. President Donald Trump filed a lawsuit last year against Paramount accusing “60 Minutes” of deceptively editing an interview with then-Vice President Kamala Harris.

CBS denied the claim. Paramount settled Trump’s lawsuit for $16 million.

The Federal Communications Commission is still investigating whether CBS engaged in “news distortion.” The commission is chaired by Brendan Carr, who was appointed by Trump at the start of his second term.

This post appeared first on NBC NEWS

Keep Reading
Investing

Heliostar Metals to Present at the Metals & Mining Virtual Investor Conference October 9, 2025

Investing 3 Mins Read

Heliostar Metals (TSX.V: HSTR, OTCQX: HSTXF, FRA: RGG1) (‘ Heliostar ‘ or the ‘ Company ‘) is pleased to announce that it is participating in the Metals & Mining Virtual Investor Conference hosted by VirtualInvestorConferences.com on October 9, 2025. Vice President Investor Relations & Development Stephen Soock will present live to share how the Company’s combination of immediate cash flow, meaningful exploration upside, and high-grade resource development set the stage for it to become the next mid-tier gold producer.

DATE : October 9,2025
TIME: 10:00am EDT
LINK: REGISTER HERE
Available for 1×1 meetings: October 14, 16 and 17. Sign up here .

This will be a live, interactive online event where investors are invited to ask the company questions in real-time. If attendees are not able to join the event live on the day of the conference, an archived webcast will also be made available after the event.

It is recommended that online investors pre-register and run the online system check to expedite participation and receive event updates.

Learn more about the event at www.virtualinvestorconferences.com .

Recent Company Highlights

  • Initial drill results from ongoing 15,000m drill program at Ana Paula including 88m at 8.82 g/t gold and 30.2m at 6.29g/t gold
  • Results from quarter ended June 30 with $14.3m in operating cash flow from sales of 8,556 GEOs at an AISC of $1,541/GEO
  • Graduation to Tier 1 status on the TSX Venture Exchange
  • On track to deliver multiple studies across portfolio and restart stacking ore at San Agustin this quarter’

About Heliostar Metals Ltd.

Heliostar is a gold mining and development company with a goal of growing to mid-tier producer status by the end of the decade. The company currently has two producing mines in Mexico – the La Colorada Mine and San Agustin Mine open pit heap leach operations. Heliostar plans to leverage the cash generated by these operations to fund development of its flagship Ana Paula underground project. Ana Paula is a rare combination of bulk tonnage and high grade, with a construction start targeted for 2H 2026 to add 100,000oz/yr to Heliostar’s production profile. The company also has a pipeline of other advanced development assets and exploration opportunities across its portfolio to continue to drive growth.

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

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

CONTACTS:

Heliostar Metals Limited
Rob Grey
Investor Relations Manager
(844) 753-0045
rob.grey@heliostarmetals.com

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

News Provided by GlobeNewswire via QuoteMedia

This post appeared first on investingnews.com

Keep Reading
Investing

Canada One Acquires 4,836 ha Copper-Gold Property Adjacent to Copper Mountain Mine

Investing 6 Mins Read

Canada One Mining Corp. (TSXV: CONE) (OTC Pink: COMCF) (FSE: AU31) (‘Canada One’ or the ‘Company’) announces it has agreed to acquire a 4,836-hectare copper-gold property contiguous to the northwest of Hudbay Minerals’ Copper Mountain Mine, to be known as ‘Copper Dome North’ (the ‘Property’).

Under the property purchase agreement, dated October 6, 2025, (the ‘Agreement’), the Company will acquire a 100% interest in the Property, from an arm’s-length vendor (the ‘Acquisition’). The Acquisition increases the Company’s flagship Copper Dome Project (‘Copper Dome’) size by ~60%, to 12,833 ha (from 7,997 ha) (see Figure 1: Copper Dome Project Map with Newly Acquired Copper Dome North).

Peter Berdusco, President and CEO, commented: ‘Though outside the formal Copper Dome footprint, the Property’s proximity to Copper Mountain and its continuity within the district’s geologic setting warrant the designation ‘Copper Dome North.’ In addition, the Property is adjacent to our 100%-owned Goldrop, an under-explored, historical small-scale producer of high-grade gold and silver. Together, these factors make the Acquisition compelling and well suited to a systematic exploration program.’

Copper Dome North Acquisition Terms

The Agreement provides for the 100% acquisition of the Property with no net smelter return royalty (NSR) in consideration for 250,000 common shares of the Company (the ‘Consideration Shares’), valuing the transaction at $12,500 based on a deemed price of $0.05 per share. The Consideration Shares will be subject to a statutory hold period of four months and one day from the closing of the Acquisition.

Completion of the Acquisition is subject to customary closing conditions and acceptance by the TSX Venture Exchange. The Acquisition does not involve any Non-Arm’s Length Parties (as defined in Exchange policies). The Company will not devote the majority of its working capital or resources to the development of Copper Dome North. The primary focus of the Company remains the exploration and future drilling at Copper Dome. As a result, the Acquisition does not constitute a ‘fundamental acquisition’ for the Company within the policies of the Exchange. No finders’ fees or commissions are payable in connection with the Acquisition.

Figure 1: Copper Dome Project Map with Newly Acquired Copper Dome North

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/10074/269454_8dfa2c44344ed82c_001full.jpg

About Copper Dome

Copper Dome is located in the lower Quesnel Trough porphyry belt, one of British Columbia’s most prolific mining districts. It directly adjoins Hudbay Minerals Inc.’s (TSX: HBM) producing Copper Mountain Mine to the north which hosts Proven and Probable Reserves of 702 million tonnes grading 0.24% Cu, 0.09 g/t Au, and 0.72 g/t Ag (hudbayminerals.com). Multiple mineralized zones have been identified across the Property, with historical drilling confirming high-grade copper associated with northeast-trending structures similar to those hosting mineralization at Copper Mountain.

The Project benefits from excellent infrastructure, enabling year-round access, cost-efficient exploration, and a stable, low-risk jurisdiction.

Historical Work Completed

  • Geophysics: 51 km of induced polarization (IP); airborne magnetic and electromagnetic (EM) coverage over ~50% of the Property
  • Sampling: 2,253 soils and 378 rocks collected
  • Drilling: 8,900+ m of diamond drilling
  • Trenching: Over 1 km excavated

With a five-year drill permit in place, the Company is focused on advancing the Project toward drill-ready target definition.

About Canada One

Canada One Mining Corp. is a Canadian junior exploration company focused on copper-the critical metal powering the global energy transition. The Company advances projects from discovery through resource definition with disciplined, data-driven exploration and responsible practices. Its flagship Copper Dome Project, located in the well-established Quesnel Trough Porphyry Belt, targets multiple porphyry copper-gold systems. Canada One aims to deliver sustainable growth and long-term value for shareholders and local communities.

Acknowledgement

Canada One acknowledges that Copper Dome is located within the traditional, ancestral and unceded territory of the Smelqmix People. We recognize and respect their cultural heritage and relationship to the land, honoring their past, present and future.

Qualified Person

The technical information contained in this news release has been reviewed and approved by David Mark, P.Geo., an independent Qualified Person for the purposes of National Instrument 43-101.

Contact Us

For further information, interested parties are encouraged to visit the Company’s website at www.canadaonemining.com, or contact the Company by email at info@canadaonemining.com, or by phone at 1.877.844.4661.

On behalf of the Board of Directors of
Canada One Mining Corp.

Peter Berdusco
President
Chief Executive Officer
Interim Chief Financial Officer

Forward-Looking Statements

This press release includes certain ‘forward-looking information’ and ‘forward-looking statements’ (collectively ‘forward-looking statements’) within the meaning of applicable Canadian securities legislation. All statements, other than statements of historical fact, included herein, without limitation, statements relating to the future operating or financial performance of the Company, are forward-looking statements. Forward-looking statements are frequently, but not always, identified by words such as ‘expects’, ‘anticipates’, ‘believes’, ‘intends’, ‘estimates’, ‘potential’, ‘possible’, and similar expressions, or statements that events, conditions, or results ‘will’, ‘may’, ‘could’, or ‘should’ occur or be achieved. Forward-looking statements in this press release relate to, among other things: statements relating to the anticipated timing thereof and the intended use of proceeds. Actual future results may differ materially. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Forward-looking statements reflect the beliefs, opinions and projections on the date the statements are made and are based upon a number of assumptions and estimates that, while considered reasonable by the respective parties, are inherently subject to significant business, technical, economic, and competitive uncertainties and contingencies. Many factors, both known and unknown, could cause actual results, performance or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements and the parties have made assumptions and estimates based on or related to many of these factors. Such factors include, without limitation: the timing, completion and delivery of the referenced assessments and analysis. Readers should not place undue reliance on the forward-looking statements and information contained in this news release concerning these times. Except as required by law, the Company does not assume any obligation to update the forward-looking statements of beliefs, opinions, projections, or other factors, should they change, except as required by law.

TSX Venture Exchange Disclaimer

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

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/269454

News Provided by Newsfile via QuoteMedia

This post appeared first on investingnews.com

Keep Reading
Investing

Troy Minerals Achieves Key Milestone Toward Operational Mining License for Its Tsagaan Zalaa Silica Project, Mongolia

Investing 6 Mins Read

Troy Minerals Inc. (‘Troy’ or the ‘Company’) (CSE:TROY)(OTCQB:TROYF)(FSE:VJ3) is pleased to report that its subsidiary Grand Samsara Consulting LLC (‘Grand Samsara’) has successfully completed a key regulatory milestone in Mongolia – the official registration of its Tsagaan Zalaa Silica Project (‘Tsagaan Zalaa’ or the ‘Project’) in Dornogovi Province with the Mineral Resources and Petroleum Authority of the Ministry of Industry and Natural Resources of Mongolia. This registration represents the most critical step in the multi-stage process leading to the issuance of an operational mining license.

The Tsagaan Zalaa project is located in Saikhandulaan soum, Dornogovi Province, in southeastern Mongolia (Figure 1). It is connected with a road to Sainshand, capital of the Dornogovi Province in the Eastern Gobi steppe, approximately 95 km to the east, located along the Trans-Mongolian Highway and Railway connecting Mongolia’s capital city of Ulaanbaatar with China. Sainshand is 200 kilometres from the Chinese border and serves as the local depot for silica and other mineral exports to China. Tsagaan Zalaa (Figure 2) is also situated only 18 km from the local community of Saikhandulaan soum(Figure 3) and covers an area of 1,670.28 hectares. The Project is strategically positioned to serve the growing regional demand for high-purity quartz silica (‘HPQ’). Massive high-purity quartz veins up to 5 metres in width (Figures 4 and 5) hosted by Upper-Middle Devonian sediments are exposed on surface across the Project. In February 2025, the Company announced the submission of the Mining License application, with today’s achievement marking the decisive regulatory confirmation needed to advance the Project toward the final operating approval.

‘To receive a Mine Operating License is a complex process, not only in Mongolia but all over the world, but the official approval of a Mining License application by the Mongolian ministerial authorities is the most important step in this. It represents a key milestone which underscores the Company’s commitment to advancing Tsagaan Zalaa towards production and transforming Troy into a cash-flowing entity,’ commented Yannis Tsitos, President of Troy Minerals. ‘We expect to complete the subsequent administrative steps, as outlined below, in the coming weeks and we target a full Mine Operating License by the end of Q4 2025 to Q1 2026.’

Figure 1. Location of the Tsagaan Zalaa Silica Project in Southern Mongolia

Figure 2. Tsagaan Zalaa Silica Project with Regional Geology on Satellite Photo

With its application referenced above, Grand Samsara provided to the authorities all historical and current technical, environmental, hydrogeological, community and archaeological data, studies and reports. Based on Mongolian authorities’ appointed independent experts opinion regarding the geological resources and the opinions of the established 15 council members, the meeting of the Mineral Resources Professional Council of the Ministry of Industry and Mineral Resources and the Ministry of Mineral Resources and Petroleum Authority decided to grant to Grand Samsara a Mining License in regard to HPQ mining activities.

Figure 3. The Community of Saikhandulaan soum, 18 km from the Project.

Next Steps

Grand Samsara is currently working in Mongolia on subsequent steps to conclude several administrative tasks and receive a Mine Operating License. Several steps already been completed, others to be concluded before December 2025. They include detailed technical and economic studies for the utilization and export of the mineral resources, a detailed Environmental Impact Assessment study, a local Government Agreement that includes an appropriate Corporate Social Responsibility (‘CSR’) plan, a Blasting Permit application, and land Quality Assurance plans. At the same time, Troy has commenced HPQ product offtake discussions that include metallurgical sampling by independent Chinese clients at their own laboratories. Following discussions with the relevant authorities, Troy is targeting a complete Mine Operating License before the end of 2025 or by early 2026 at the latest. *

Figure 4. Photo of a drill hole collar overlooking an outcropping massive quartz vein.

Figure 5. One of numerous outcropping massive quartz veins at Tsagaan Zalaa.

* Any production decision in advance of obtaining a NI 43-101 compliant feasibility study of mineral reserves demonstrating economic and technical viability of the project is associated with increased uncertainty and risk of failure.

Qualified Person

Technical information in this news release has been reviewed and approved by Case Lewis, P.Geo., a ‘Qualified Person’ as defined under NI 43-101 Standards of Disclosure for Mineral Projects and a director of the Table Mountain Project vendor.

About Troy Minerals

Troy Minerals is a Canadian based publicly listed mining company focused on building shareholder value through acquisition, exploration, and development of strategically located ‘critical’ mineral assets. Troy is aggressively advancing its projects within the silica (silicon), scandium, vanadium, and rare earths industries within regions that exhibit high and growing demand for such commodities, in both North America (through the Table Mountain, the Lake Owen and the St. Jaques projects) and Central-East Asia (through the Tsagaan Zalaa project). The Company’s primary objective is the near-term prospect of production with a vision of becoming a cash-flowing mining company to deliver tangible monetary value to shareholders, state, and local communities.

ON BEHALF OF THE BOARD,

Rana Vig | President and Director
Telephone: 604-218-4766
Email: rana@ranavig.com

Forward-Looking Statements

Statement Regarding Forward-Looking Information: This release includes certain statements that may be deemed ‘forward-looking statements’. All statements in this release, other than statements of historical facts, that address events or developments that Troy Resources Inc. (the ‘Company’) expects to occur, are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words ‘expects’, ‘plans’, ‘anticipates’, ‘believes’, ‘intends’, ‘estimates’, ‘projects’, ‘potential’ and similar expressions, or that events or conditions ‘will’, ‘would’, ‘may’, ‘could’ or ‘should’ occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include results of exploration activities may not show quality and quantity necessary for further exploration or future exploitation of minerals deposits, volatility of commodity prices, and continued availability of capital and financing, permitting and other approvals, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of the Company’s management on the date the statements are made. Except as required by applicable securities laws, the Company undertakes no obligation to update these forward-looking statements in the event that management’s beliefs, estimates or opinions, or other factors, should change.

Click here to connect with Troy Minerals (CSE:TROY;OTCQB:TROYF;FSE:VJ3) to receive an Investor Presentation

Source

This post appeared first on investingnews.com

Keep Reading
Investing

Barrick Sells Côte d’Ivoire Gold Mine to Atlantic Group

Investing 3 Mins Read

Barrick Mining (TSX:ABX,NYSE:B) has agreed to sell its stake in the Tongon gold mine in Côte d’Ivoire to Atlantic Group for as much as US$305 million, marking another strategic divestment as gold prices barrel toward record highs.

In a statement released Monday (October 6), Barrick said the deal includes an upfront cash payment of US$192 million, which incorporates repayment of a US$23 million shareholder loan within six months of closing. The remainder of US$113 million will be paid in contingent installments tied to gold prices over 2.5 years and resource conversions over the next five.

Barrick said proceeds from the sale would “further strengthen [its] balance sheet and support [its] commitment to continue to deliver returns to shareholders.” The company did not disclose how it would specifically allocate the funds but has previously emphasized its focus on debt reduction and high-return projects.

Atlantic Group, the buyer, is a privately held conglomerate founded 48 years ago by an Ivorian entrepreneur. The company operates across 15 African countries with investments spanning agriculture, industry, and financial services.

Through the acquisition, it will take over Barrick’s interests in two Ivorian subsidiaries that own Tongon and nearby exploration permits.

Barrick described the deal as a transition to “local stewardship” that preserves Tongon’s record of community investment and operational excellence.

Located in northern Côte d’Ivoire, the Tongon gold mine began production in 2010 and has contributed more than US$2 billion to the national economy. Originally slated for closure in 2020, its life was extended after successful exploration campaigns.

The announcement comes at a time of extraordinary strength in gold markets. On the same day of the announcement, spot gold traded at around US$3,960 per troy ounce, up nearly 2 percent on the day and setting fresh all-time highs.

Prices have risen more than 50 percent since the start of the year, fueled by investor demand for safe havens amid persistent global uncertainty and growing expectations of additional US interest rate cuts.

According to futures data cited by market sources, traders now assign over a 90 percent probability that the Federal Reserve will cut rates again in its next meeting—a development that has historically supported gold by weakening the dollar and lowering bond yields.

Analysts also point to mounting concerns about sovereign debt sustainability worldwide as adding a “premium” to precious metals.

Gold’s rally has been swift. Less than seven months ago, prices crossed US$3,000 for the first time in history. Now, with US$4,000 in sight, some analysts suggest the momentum reflects both a weakening macroeconomic backdrop and a broader reallocation toward hard assets.

For Barrick, the timing of the Tongon sale may prove opportune. The company has spent recent years streamlining its portfolio, shedding non-core assets and focusing on larger, longer-life mines in its global pipeline.

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

This post appeared first on investingnews.com

Keep Reading
Investing

Trilogy Metals Shares Rocket as US Government Takes Stake in Alaska Project

Investing 4 Mins Read

The US government is making a rare direct investment in a Canadian mining company, taking a 10 percent stake in Vancouver-based Trilogy Metals (TSX:TMQ,ARCA:TMQ) as part of a US$35.6 million deal to accelerate the development of Alaska’s Upper Kobuk Mineral Projects (UKMP)

In an announcement Monday (October 6), Trilogy said it has entered into a binding letter of intent with the US Department of War, through the Office of the Undersecretary of Defense for Acquisition and Sustainment and the Office of Strategic Capital, alongside its joint venture partner South32 (ASX:S32,OTC Pink:SHTLF).

Under the terms of the deal, the US government will invest approximately US$17.8 million directly into Trilogy Metals in exchange for 8.2 million units priced at US$2.17 apiece. Each unit will consist of one common share and three-quarters of a 10-year warrant exercisable for a penny per share following completion of the Ambler Road.

Another US$17.8 million will go to South32 in exchange for 8.2 million shares of Trilogy currently held by the Australian miner, plus a call option on an additional 6.1 million shares at the same US$0.01 exercise price.

All proceeds, Trilogy said, will be reinvested into its joint venture company Ambler Metals which holds the UKMP in Alaska’s resource-rich Ambler Mining District.

The US government’s total stake in Trilogy will amount to about 10 percent, and it will have the right to appoint an independent director to the company’s board for three years.

“This proposed partnership with the US Government represents a significant milestone for Trilogy Metals and for the development of a secure, domestic supply of critical minerals for America in Alaska,” said Tony Giardini, Trilogy’s president and CEO.

“The Department of War’s interest underscores the strategic importance of the Upper Kobuk Mineral Projects in supporting US energy, technology, and national security priorities.”

The deal also includes provisions for debt limits and a framework for collaboration on advancing the Ambler Road—an industrial-use-only, 211-mile corridor that would connect the remote Ambler Mining District to Alaska’s Dalton Highway.

The road, overseen by the Alaska Industrial Development and Export Authority (AIDEA), has long been seen as critical to unlocking access to vast deposits of copper, cobalt, zinc, and lead.

The project also received a major political boost on Monday when President Trump invoked his authority under Section 1106 of the Alaska National Interest Lands Conservation Act (ANILCA) to overturn the Biden administration’s 2024 “No Action” decision that had halted the road’s progress.

The reversal reinstates federal right-of-way permits and directs agencies to finalize all authorizations needed for construction.

“This landmark decision is a turning point for Trilogy and for the future of domestic critical mineral development in the United States,” Giardini said. “The Ambler Road is not just a pathway to economic growth in Alaska – it’s a strategic asset for the United States.”

The Ambler Mining District is among North America’s richest undeveloped sources of copper and associated base metals. Trilogy’s Arctic and Bornite deposits are central to that potential, with the company and South32 envisioning a multi-decade mining hub capable of supplying key materials for power grids, defense systems, and clean energy technologies.

US Interior Secretary Doug Burgum said the investment underscores Washington’s intent to secure its mineral supply chains. Notably, the Trump administration has made a series of similar moves in recent months as part of a broader critical minerals strategy.

Last week, the US government took a minority stake in Lithium Americas (TSX:LAC,NYSE:LAC), providing US$435 million in federal funding to advance the Thacker Pass lithium project in Nevada.

Recently, Washington has also been reportedly exploring a potential equity position in Critical Metals (NASDAQ:CRML), which controls Greenland’s Tanbreez rare earths project.

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

This post appeared first on investingnews.com

Keep Reading
Investing

Homerun Resources Inc. Financing Updates

Investing 4 Mins Read

Homerun Resources Inc. (TSXV: HMR,OTC:HMRFF) (OTCQB: HMRFF) (‘Homerun’ or the ‘Company’) is pleased to announce that the TSX Venture Exchange (TSX-V) has approved the structure of the Company’s previously announced $6,000,000 financing with a single institutional investor (the ‘Offering’). The Company will now proceed to submit its formal application for conditional approval of the Offering. Further details regarding the terms of the Offering and timing of closing will be provided once conditional approval has been received, which is expected shortly.

The company also reports, that further to its Sept. 22, 2025, news release, the company is oversubscribed for its $3,000,000 unit private placement at $1.00. This financing will close subsequent to the above financing, as several subscribers have requested that the closing of the $6,000,000 institutional financing be a precedent and so the company has requested and received approval from the TSX-V to extend the closing of that financing to Oct. 24, 2025.

About Homerun (www.homerunresources.com)

Homerun (TSXV: HMR,OTC:HMRFF) is a vertically integrated materials leader revolutionizing green energy solutions through advanced silica technologies. As an emerging force outside of China for high-purity quartz (HPQ) silica innovation, the Company controls the full industrial vertical from raw material extraction to cutting-edge solar, battery and energy storage solutions. Our dual-engine vertical integration strategy combines:

Homerun Advanced Materials

  • Utilizing Homerun’s robust supply of high purity silica sand and quartz silica materials to facilitate domestic and international sales of processed silica through the development of a 120,000 tpy processing plant.
  • Pioneering zero-waste thermoelectric purification and advanced materials processing technologies with University of California – Davis.

Homerun Energy Solutions

  • Building Latin America’s first dedicated high-efficiency, 365,000 tpy solar glass manufacturing facility and pioneering new solar technologies based on years of experience as an industry leader in developing photovoltaic technologies with a specialization in perovskite photovoltaics.
  • European leader in the marketing, distribution and sales of alternative energy solutions into the commercial and industrial segments (B2B).
  • Commercializing Artificial Intelligence (AI) Energy Management and Control System Solutions (hardware and software) for energy capture, energy storage and efficient energy use.
  • Partnering with U.S. Dept. of Energy/NREL on the development of the Enduring long-duration energy storage system utilizing the Company’s high-purity silica sand for industrial heat and electricity arbitrage and complementary silica purification.

With multiple profit centers built within the vertical strategy and all gaining economic advantage utilizing the Company’s HPQ silica, across, solar, battery and energy storage solutions, Homerun is positioned to capitalize on high-growth global energy transition markets. The 3-phase development plan has achieved all key milestones in a timely manner, including government partnerships, scalable logistical market access, and breakthrough IP in advanced materials processing and energy solutions.

Homerun maintains an uncompromising commitment to ESG principles, deploying the cleanest and most sustainable production technologies across all operations while benefiting the people in the communities where the Company operates. As we advance revenue generation and vertical integration in 2025, the Company continues to deliver shareholder value through strategic execution within the unstoppable global energy transition.

On behalf of the Board of Directors of
Homerun Resources Inc.

‘Brian Leeners’

Brian Leeners, CEO & Director
brianleeners@gmail.com / +1 604-862-4184 (WhatsApp)

Tyler Muir, Investor Relations
info@homerunresources.com / +1 306-690-8886 (WhatsApp)

FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE

The information contained herein contains ‘forward-looking statements’ within the meaning of applicable securities legislation. Forward-looking statements relate to information that is based on assumptions of management, forecasts of future results, and estimates of amounts not yet determinable. Any statements that express predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance are not statements of historical fact and may be ‘forward-looking statements’.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) 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/269253

News Provided by Newsfile via QuoteMedia

This post appeared first on investingnews.com

Keep Reading