Breaking
Deals Catchers
Author

admin

Browsing
Investing

Precious Metals Price Update: Another Week of Volatility for Gold, Silver, PGMs

It’s been another week of strong volatility in precious metals prices.

Gold, silver and platinum have posted new all-time highs in 2026, but so far February has been more choppy seas than smooth sailing. A complex web of push-and-pull factors are at play in the precious metals market.

Let’s take a look at what got spot prices moving over the past week.

Gold price

After hitting a record high of close to US$5,600 per ounce, gold closed January by embarking on one of the biggest price slides it’s seen in decades, dropping as low as US$4,400 for a significant loss of more than 21 percent.

Although the spot price for gold was once again back above the key psychological US$5,000 mark in early morning trading on February 4, the next day it had pulled back again, falling as low as US$4,685 near the end of the day.

Demonstrating volatility, gold closed out last week with a swing to the upside, hitting an intraday high of US$4,966.

By Monday (February 9), gold was once again trading above US$5,000 and managed to stay above the key support level into Wednesday (February 11) with an intraday high of US$5,114 as of 1:20 p.m. PST.

Gold price chart, February 4, 2026 to February 11, 2026.

The primary drivers for gold this past week are:

  • Gold at record levels was bound to lead to profit taking for those who bought in at much lower prices. Dip buying is also helping to support a rebound in prices as buyers step in on pullbacks, demonstrating confidence in the long-term upward trend for the metal.
  • US monetary policy uncertainty continues to influence the price as market watchers try to anticipate which direction Kevin Warsh, President Donald Trump’s US Federal Reserve chair nominee, will take this year. Thought of as a monetary policy hawk, Warsh isn’t expected to make policy decisions based on the vibe coming out of the White House.
    • Late last week, the US dollar strengthened to a two week high against a basket of currencies. This led to a drop in demand for gold as holding the yellow metal, typically priced in US dollars, became a more expensive prospect among foreign buyers.

    In other gold news, the People’s Bank of China reportedly added 1.24 metric tons of gold to its holdings in January, marking a 15th consecutive month of gold purchases for the central bank.

    As for the gold-mining sector, the biggest news is Barrick Mining’s (TSX:ABX,NYSE:B) plan to spin off its North American gold assets, including its joint venture interests in Nevada Gold Mines and Pueblo Viejo, as well as its wholly owned Fourmile discovery in Nevada. An initial public offering is targeted for completion by late 2026.

    Silver price

    The silver price has tracked gold on these macro trends.

    The white metal posted an all-time high of more than US$121 per ounce on January 29, but on February 5 it followed gold on its downward slide, nearly falling below US$65. By the end of the next trading day, the price of silver had recovered to US$77.80. Since Monday, prices for the white metal have managed to gain ground, rising from US$80 level to an intraday high of US$86.19 as of 1:20 p.m. PST on Wednesday.

    Silver price chart, February 4, 2026 to February 11, 2026.

    In addition to the macro factors influencing gold this past week, volatility in the silver market has also come from the ups and downs in the artificial intelligence (AI) sector. Silver, the most electrically and thermally conductive metal on the planet, is considered a key material for AI tech, particularly in data centers and high-performance computing.

    AI stocks experienced a slide late last week after investors decided the high CAPEX costs associated with the emerging technology might not be worth it in the long run.

    In other silver news, Chinese billionaire trader Bian Ximing has taken a bearish turn on silver, and is building the Shanghai Futures Exchange’s largest-known net short position in silver.

    Platinum price

    Platinum hit a high of US$2,816 per ounce on January 29. After tracking its precious metal sisters down as low as US$1,826.90 on February 5, the metal was back above US$2,100 the next day. For the first part of this week, platinum has traded above US$2,090, reaching an intraday high of US$2,202 on Wednesday as of 1:20 p.m. PST.

    Platinum price chart, February 4, 2026 to February 11, 2026.

    Platinum is one of the top-performing metals over the past year, reaching 12 year highs in recent weeks. Demand is being driven by the metal’s essential role in the emerging hydrogen economy. Its also still seeing robust demand from the auto sector despite the emergence of electric vehicles and uneasy consumer confidence in the economy.

    On the supply side, global platinum reserves remain critically low, especially as the world’s biggest producer, South Africa, continues to be plagued by power shortages and operational disruptions.

    This week, Reuters reported that despite major producers such as Valterra Platinum (LSE:VALT,JSE:VAL,OTCPL:AGPPF) and Impala Platinum Holdings (OTCQX:IMPUF,JSE:IMP) experiencing surging profits, the companies will be prioritizing shareholder payouts over investing in new projects.

    Palladium price

    Palladium has been the black sheep of the precious metals family for the past few years, remaining well below its March 2022 all-time record of US$3,440.76 per ounce.

    On February 5 it came along for the slide, falling as low as US$1,585. After a rebounding above the US$1,700 level on February 6, the precious metal has managed to maintain its prices above that mark for much of this week.

    Palladium price chart, February 4, 2026 to February 11, 2026.

    The palladium price is being held down by a slump in demand for electric vehicles and a looming oversupply situation. Analysts at Heraeus Precious Metals predict that the palladium market may move into a surplus in 2026 as secondary supply from recycling increases by 10 percent.

    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
    Investing

    Sentora on the Future of Tokenized Equities in 2026 and Beyond

    Tokenized equities have come into the spotlight this year, but can billions of dollars of real stock safely plug into the yield engine of decentralized finance (DeFi)?

    Sentora, a merged entity combining IntoTheBlock’s crypto data analytics with Trident Digital’s institutional yield strategies, argues that tokenized equities plus stablecoin money markets could be the next major disruption across both cryptocurrencies and traditional finance — if a list of frictions can be solved.

    Here’s a look at the four main obstacles the firm believes stand in the way.

    Four key hurdles for tokenized equities

    1. Finding a real use case for tokenization

    Speakers hosting a recent Sentora webinar were blunt: First-generation tokenization mostly disappointed. Credit and real estate deals were often illiquid, concentrated in a single issuer and never truly embedded in DeFi as collateral. They claim that the real use case is tokenized equities posted into on‑chain money markets to borrow stablecoins and to generate yield on stocks that have appreciated massively, but pay no dividend, such as any of the Mag 7 stocks.

    They argued that if a retail investor who put US$10,000 into NVIDIA (NASDAQ:NVDA) and is now sitting on US$100,000 can click to borrow US$20,000 to US$30,000 at 5 percent without selling, that is a qualitatively new product versus today’s roughly 10 percent margin loans from brokers constrained by Basel capital rules.

    At scale, they suggested that even a 1 percent penetration of the roughly US$25 trillion in US retail equity holdings would exceed the entire current DeFi market and could lift base DeFi yields by a few hundred basis points.

    2. How tokenized equities actually work as collateral

    Turning that vision into something robust requires solving liquidation, oracle and market structure problems that don’t exist for purely crypto collateral. Sentora’s view is that it is a mistake to try to rebuild Nasdaq on‑chain with thin automated market makers and retail liquidity providers.

    Instead, liquidations should use existing equity liquidity. When a loan backed by tokenized NVIDIA, for example, breaches its thresholds, a liquidator posts stablecoins, borrows the underlying stock from a securities lender, sells it on the Nasdaq and then unwinds the token wrapper once settlement catches up.

    Because this process spans multiple days, early implementations will need conservative loan‑to‑value ratios, wider spreads and a tolerance for basis risk between on‑chain prices and off‑chain fills. Issuers like Ondo that can wrap and unwrap within hours help, as do traditional data providers such as Bloomberg and Reuters, which already stream millisecond‑level equities prices and can serve as the backbone for hybrid on/off‑chain oracles.

    The complexity is high, but their Bitcoin and Ether carry trade strategies, where smart contracts constantly lever and delever to avoid liquidation, are the blueprint they want to port over to equities.

    3. Moving real-world equity ownership on‑chain

    Even if the mechanics work, Sentora believes that almost none of the trillions parked in brokerage accounts can currently be used. Today’s tokenized shares are typically newly issued products that investors buy specifically to use on‑chain; they will never unlock the scale they are targeting.

    The real unlock is letting investors transfer existing fully paid shares from brokers such as Morgan Stanley (NYSE:MS) or Schwab (NYSE: SCHW) into platforms from Kraken or Robinhood Markets (NASDAQ:HOOD) and convert them into tokens as a tax‑free event, preserving beneficial ownership and avoiding capital gains.

    The obstacle is issuer‑by‑issuer approval. Each company has to authorize a portion of its outstanding shares to exist on a distributed ledger. The speakers argued that the pitch to issuers is stronger than many tokenization providers have realized — shares locked as DeFi collateral reduce free float supply and may be price‑supportive, and adding borrow‑against‑your‑stock and synthetic dividend functionality can make a non‑dividend growth stock more attractive.

    4. Regulation, stablecoins and the banking system

    On the equity side, Sentora’s researchers argued that if users stay within the existing rule, where each share is held in the owner’s name and all rights travel with the token, there is “really no regulatory hurdle.’

    In their view, trouble starts with wrappers that mimic economic exposure, but strip votes and dividends.

    That distinction matters because US regulators have begun to specifically examine tokenized US equities and DeFi trading venues, with an eye to when these instruments begin to look like swaps or unregistered securities.

    On the funding side, everything depends on stablecoins. Neobanks and fintech companies such as PayPal (NASDAQ:PYPL), Revolut, Coinbase Global (NASDAQ:COIN), Kraken, Robinhood and others are racing to offer abstracted DeFi yield to mainstream users through tokenized deposits and on‑chain money markets.

    At the same time, the GENIUS Act has pulled stablecoins into a bank‑like regulatory regime, tightening who can issue them and how reserves must be held, while large US banks lobby to slow or shape that evolution to protect deposit franchises. This tension is likely to define the pace at which tokenized equity collateral can scale.

    Additional market caveats for 2026

    Regime shift and rate risk

    The rise of this sector occurred during a period of high cash yields, allowing tokenized treasuries and money market real-world assets (RWAs) to offer high percentage returns with low duration risk. As policy rates fall, tokenized T‑bill products become less compelling, which increases the pressure on tokenized equities to deliver truly differentiated upside in the form of leverage, tax efficiency or synthetic dividends rather than just being a new wrapper on low yields.

    Platform and liquidity fragmentation

    While DeFi is often thought of as a single venue, liquidity is scattered across Ethereum L2s, BNB Chain, Solana, app‑specific rollups and specialized RWA platforms. Early tokenized equity collateral markets are already experimenting on non‑Ethereum ecosystems, raising the risk that depth, pricing and oracle infrastructure fragment before a critical mass of standards and interoperability is in place.

    Commodities and other RWA competition

    Tokenized commodities such as gold, as well as short‑duration bond funds and private credit pools, are emerging as rival “default collateral” choices for institutions that want on‑chain yield without single‑name equity risk. Tokenized equities will be competing not only with Bitcoin and Ether, but with a growing number of seemingly safer RWA products with potentially clearer regulatory capital treatment for banks and insurers.

    Centralization and concentration risk

    Finally, the vision leans on a small number of critical intermediaries: custodians, tokenization agents, oracle providers and centralized exchanges that bridge DeFi and public equity markets.

    In 2026, tokenization infrastructure is still concentrated in a handful of large players, and a restriction or policy shift at any of them could ripple through multiple protocols that treat tokenized equities as pristine collateral. Building credible resolution and risk‑sharing frameworks around those chokepoints is an unsolved but essential problem if tokenized equities are going to become the next major disruption rather than the next over‑promised narrative.

    Latest tokenized equities developments

    On Wednesday (February 11), Sentora introduced Stey, a new yield vault that allows investors to earn extra money from digital shares by placing them in a secure automated system that earns interest.

    Stey is designed to work with Ondo’s tokenized offerings, like its tokenized treasuries and over 200 tokenized stocks. Partnering with Ondo, Sentora ensures digital shares in Stey vaults comply with regulations and are backed by physical securities in custody. Additionally, Sentora’s partnership with Chainlink ensures that those shares are priced accurately with real-time data, and Euler runs the lending strategies that generate the extra interest.

    Sentora plans to expand beyond just these three, intending to add more types of digital assets from different partners and use different lending platforms to find the best interest rates for users.

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

    This post appeared first on investingnews.com

    Keep Reading
    Investing

    Sirios Resources: Advancing a Multi-million-ounce Gold Project in Québec’s James Bay Region

    Sirios Resources (TSXV:SOI,OTCQB:SIREF) is a Québec-based gold exploration and development company focused on high-potential projects in the Eeyou Istchee James Bay region. Its flagship Cheechoo gold project ranks among the largest in the province by resource size and benefits from favourable geology, near-surface mineralization, and existing infrastructure, including road access, power lines, and proximity to the Éléonore mine. Sirios is advancing Cheechoo through systematic drilling, resource expansion, and technical studies, aiming to progress the project toward a Preliminary Economic Assessment (PEA).

    In December 2025, Sirios completed a transformational combination with OVI Mining, creating a district-scale gold platform anchored by Cheechoo and complemented by the Corvet Est and PLEX projects. The transaction integrates Sirios into the Osisko development ecosystem, strengthening the leadership team with proven mine-building and capital markets expertise while maintaining the company’s deep geological knowledge of the James Bay region.

    With over 30 years of continuous exploration in James Bay and strong partnerships with local and Indigenous communities, Sirios is well-positioned to create value through disciplined project advancement and exploration-driven growth. The company’s combination of experience, strategic assets, and community engagement underpins its long-term growth strategy.

    Company Highlights

    • Flagship Cheechoo gold project hosts approximately 3 million ounces of gold, including 1.3 million ounces indicated and 1.7 million ounces inferred, including additional underground resources
    • Located in Eeyou Istchee James Bay, Québec, a Tier-1 mining jurisdiction with strong government and community support
    • Low strip ratio (2.9:1) and high gold recoveries (92 percent) support attractive open-pit development potential at Cheechoo
    • Strategic combination with OVI Mining brings Osisko-backed leadership, capital markets strength and additional district-scale exploration assets
    • Well-funded with recent treasury additions, supporting advancement of Cheechoo toward a preliminary economic assessment (PEA) and ongoing exploration across the portfolio

    This Sirios Resources profile is part of a paid investor education campaign.*

    Click here to connect with Sirios Resources (TSXV:SOI) to receive an Investor Presentation

    This post appeared first on investingnews.com

    Keep Reading
    Investing

    Prismo Metals Advances to Drilling at Historic Silver King Silver Project with Permit Approval and Contractor Engagement

    (TheNewswire)

    Vancouver, British Columbia, February 12th, 2026 TheNewswire — Prismo Metals Inc. (‘Prismo’ or the ‘Company’) (CSE: PRIZ,OTC:PMOMF | OTCQB: PMOMF) is pleased to announce that it has received formal permit approval from the U.S. Forest Service to proceed with its fully funded drill program at the Company’s historic Silver King Mine project located in Arizona’s prolific Copper Belt.

    The approved permit authorizes drilling from multiple drill pads in the area of the historic mine designed to test the upper part of the Silver King mineralized body that was mined on nine levels over about 300 meters depth (Fig. 1).

    Additional high-priority targets identified through recent exploration work can also be tested with some of the planned drill locations. Testing of other targets on private ground is being considered. Mobilization on site is scheduled for February 20th followed by preparatory site work and access improvements followed by drilling.

    Dr. Craig Gibson, Chief Exploration Officer of Prismo Metals, commented: ‘Receiving approval for drilling at Silver King is a key milestone as we transition from surface exploration into active testing of the system. With funding in place for multiple phases of drilling, we are well positioned to evaluate the significant exploration potential of this historic, high-grade silver system.’

    Alain Lambert, CEO of Prismo commented: ‘Following a very smooth permitting process with Forest Service, we are now ready to conduct the first ever comprehensive drill program at Silver King. Our exploration work to date has attracted the attention of many given the results we have published and our proximity (3.4 km) to Resolution Copper, a Rio Tinto/BHP joint venture. I expect the drilling program to heighten attention.’

    Phase 1 Drill Program Highlights:

    • Fully funded program 

    • 1,000 meters of diamond drilling to test the upper portion of the steeply plunging, pipe-like Silver King mineralized body 

    • Mobilization to Silver King Project scheduled for February 20th, 2026 

    • Additional drilling to test lower down in the mineralized structure and mineralized areas adjacent to the historic mine may also be completed 


    Click Image To View Full Size

    Fig. 1.  Permitted drill sites planned for initial Phase I drilling at the Silver King mine shown by white dots.  The orange line indicates the approximate location of the cross section in Fig. 2.  View looking south-easterly.

    Drilling will initially focus on testing the upper portion of the steeply west-dipping pipelike stockwork and breccia zone that historically produced high-grade silver and base metals (Fig. 2), as well as targets adjacent to and beneath historic workings. Initial drilling is estimated at 1000 meters in nine holes.  A second phase of drilling will be dedicated to testing at deeper levels and areas adjacent to the historic mine.

    Dr. Gibson, added: ‘We are pleased to engage Godbe Drilling, a highly respected contractor with substantial experience in Arizona and a staging area near the project. The objective is to test the upper half of the steeply dipping pipelike Silver King mineralized body, as well as potential mineralization adjacent to the dense stockwork zones that were the focus of historic mining.’

    Drilling Contractor Engagement

    Prismo has engaged Godbe Drilling LLC to conduct this Phase 1 drilling program. Godbe Drilling LLC is a Colorado-based family-owned diamond core drilling and mineral exploration business with extensive operating experience in the southwestern United States, including Arizona.

     

    Fig. 2.  Cross section through Silver King mine showing workings and first four planned drill holes.

     

    Silver King Project Overview

    The Silver King mine was discovered in 1875 and is one of Arizona’s most significant historic silver producers, with nearly six million ounces of silver produced at average grades ranging from approximately 61 to 21 ounces per ton during early production. Limited small-scale mining in the late 1990s yielded samples with exceptionally high silver and associated gold values, suggesting that high-grade mineralization remains within the system. The project is located within the same geological framework as other world-class deposits in the Arizona Copper Belt, and its proximity to active mining operations enhances its strategic significance.

    Qualified Person

    Dr. Craig Gibson, PhD., CPG., a Qualified Person as defined by NI-43-01 regulations and Chief Exploration Officer and a director of the Company, has reviewed and approved the technical disclosures in this news release.  

    About Prismo Metals Inc.

    Prismo (CSE: PRIZ,OTC:PMOMF) is a mining exploration company focused on advancing its Silver King, Ripsey and Hot Breccia projects in Arizona and its Palos Verdes silver project in Mexico.

    Please follow @PrismoMetals on Twitter, Facebook, LinkedIn, Instagram, and YouTube

    Prismo Metals Inc.

    1100 – 1111 Melville St., Vancouver, British Columbia V6E 3V6 Phone: (416) 361-0737

     

    Contact:

    Alain Lambert, Chief Executive Officer alain.lambert@prismometals.com

    Gordon Aldcorn, President gordon.aldcorn@prismometals.com

    Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.

    Cautionary Note Regarding Forward-Looking Information

    This release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking statements relate to future events or future performance and reflect the expectations or beliefs of management of the Company regarding future events. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as ‘intends’ or ‘anticipates‘, or variations of such words and phrases or statements that certain actions, events or results ‘may’, ‘could’, ‘should’, ‘would’ or ‘occur’. This information and these statements, referred to herein as ‘forward-looking statements’, are not historical facts, are made as of the date of this news release and include without limitation, statements regarding discussions of future plans, estimates and forecasts and statements as to management’s expectations and intentions with respect to, among other things: the timing, costs and results of drilling at Silver King; and the intended use of any proceeds raised under recent financings.

    These forward-looking statements involve numerous risks and uncertainties, and actual results might differ materially from results suggested in any forward-looking statements. These risks and uncertainties include, among other things: the potential inability of the Company to utilize the anticipated proceeds of the Private Placement as anticipated; and those risks set out in the Company’s public disclosure record on SEDAR+ (www.sedarplus.com) under the Company‘s issuer profile.

    In making the forward-looking statements in this news release, the Company has applied several material assumptions, including without limitation, that the Company will use the proceeds of the Second Tranche as currently anticipated and on the timeline currently expected.

    Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward- looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward- looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial outlook that are incorporated by reference herein, except in accordance with applicable securities laws. We seek safe harbor.

    Copyright (c) 2026 TheNewswire – All rights reserved.

    News Provided by TheNewsWire via QuoteMedia

    This post appeared first on investingnews.com

    Keep Reading
    Investing

    Sirios Resources

    Investor Insight

    Sirios Resources is advancing one of Québec’s largest undeveloped gold deposits, combining a multi-million-ounce resource base, strong infrastructure access and deep regional expertise backed by the Osisko development ecosystem, creating a clear pathway toward re-rating and growth.

    Overview

    Sirios Resources (TSXV:SOI,OTCQB:SIREF) is a Québec-based gold exploration and development company focused on advancing a portfolio of high-potential projects in the Eeyou Istchee James Bay region of Québec. The company’s flagship asset, the Cheechoo gold project, ranks among the largest gold projects in the province by resource size. The project benefits from favourable geology, near-surface mineralization, and proximity to existing infrastructure, including road access, power lines and the nearby Éléonore mine. Sirios is advancing Cheechoo through systematic drilling, resource expansion and technical studies with the objective of progressing the project toward a PEA.

    In December 2025, Sirios announced a transformational combination with OVI Mining, creating a district-scale gold platform anchored by Cheechoo and complemented by the Corvet Est and PLEX projects. The transaction brings Sirios into the Osisko development ecosystem, strengthening the company’s leadership team with proven mine-building and capital markets expertise, while retaining Sirios’ long-standing geological knowledge of James Bay.

    With over three decades of continuous exploration in the region and strong relationships with local and Indigenous communities, Sirios is well-positioned to unlock value through disciplined project advancement and exploration-driven growth.

    Company Highlights

    • Flagship Cheechoo gold project hosts approximately 3 million ounces of gold, including 1.3 million ounces indicated and 1.7 million ounces inferred, including additional underground resources
    • Located in Eeyou Istchee James Bay, Québec, a Tier-1 mining jurisdiction with strong government and community support
    • Low strip ratio (2.9:1) and high gold recoveries (92 percent) support attractive open-pit development potential at Cheechoo
    • Strategic combination with OVI Mining brings Osisko-backed leadership, capital markets strength and additional district-scale exploration assets

    Key Projects

    Cheechoo Gold Project

    The 100 percent owned Cheechoo gold project is Sirios’ flagship asset located in Eeyou Istchee James Bay, Québec, near existing infrastructure and operating mines. The project hosts a large, near-surface gold deposit with scalable, open-pit potential and higher-grade underground extensions.

    A 2025 mineral resource estimate outlines approximately 3 million ounces of gold, including 1.3 million ounces indicated at 1.12 grams per ton (g/t) gold and 1.7 million ounces inferred at 1.23 g/t gold, which includes 446,000 ounces of underground resources grading 3.09 g/t gold. The deposit exhibits a low strip ratio of 2.9:1 and high metallurgical recoveries of approximately 92 percent, supporting favourable development characteristics.

    In addition to the current resource, Cheechoo hosts a significant exploration target ranging from 31 to 40 million tonnes grading between 1.27 and 1.45 g/t gold, highlighting strong potential for further resource growth. Sirios’ ongoing work is focused on expanding the resource base and advancing the project toward a preliminary economic assessment.

    Corvet Est Gold Project

    Corvet Est is a 6,500-hectare district-scale land package located east of Cheechoo within the same highly prospective James Bay geological corridor. The project comprises a historically drilled gold system that has seen limited modern exploration since 2012. Following consolidation by OVI Mining, Corvet Est now offers Sirios exposure to a large land package with multiple mineralized zones and significant upside potential.

    Plex Gold Project

    The PLEX project is a 21,000-hectare district-scale land package hosting the Orfée gold zone, characterized by multiple structural corridors and underexplored depth and strike potential. Historical drilling has confirmed gold mineralization, and Sirios plans to advance compilation, target refinement and exploration programs to unlock the project’s discovery potential.

    Aquilon Gold Project

    The Aquilon project is an optioned gold asset located in James Bay and hosts numerous high-grade gold showings, including some of the highest gold grades historically reported in Québec. Recent drilling has outlined a broad gold-mineralized halo with strong expansion potential. Exploration at Aquilon is currently being advanced in partnership with Sumitomo Metal Mining Canada, providing Sirios with continued exposure to exploration upside while limiting capital commitments.

    Management Team (Post-Transaction)

    Dominique Doucet. – Executive Chairman

    Dominique Doucet is a veteran of Québec’s mineral exploration industry with more than 40 years of experience, including over 30 years in the Eeyou Istchee James Bay region. He founded Sirios Resources and has led the discovery of several significant gold occurrences, including the Cheechoo and Aquilon deposits.

    Jean-Félix Lepage – Chief Executive Officer

    Jean-Félix Lepage is a mining engineer with over 15 years of experience in mine operations and project development. Prior to joining Sirios, he served as vice-president of Projects at O3 Mining, where he advanced the Marban project, and previously held senior operational roles at Newmont, including at the Éléonore mine.

    Sean Roosen – Board Member

    Sean Roosen is the founder and executive chairman of Osisko Development and former CEO of Osisko Gold Royalties. He played a central role in the discovery, financing and development of the Canadian Malartic mine and is widely recognized as a leader in the global mining industry.

    Laurence Farmer – Board Member

    Laurence Farmer is CEO of Electric Elements Mining and General Counsel and vice-president of corporate development at Osisko Development. He brings extensive experience across mining, law and finance, with a strong background in corporate transactions and resource development.

    This post appeared first on investingnews.com

    Keep Reading
    Investing

    Crypto Market Update: Robinhood Shares Fall on Lower Quarterly Crypto Revenue

    Here’s a quick recap of the crypto landscape for Wednesday (February 11) as of 9:00 p.m. UTC.

    Get the latest insights on Bitcoin, Ether and altcoins, along with a round-up of key cryptocurrency market news.

    Bitcoin (BTC) was priced at US$67,551.42, down 18 percent over the last 24 hours.

    Bitcoin price performance, February 11, 2026.

    Chart via TradingView.

    “Bitcoin appears to be entering a stabilization phase before its next directional move. In the near term, prices are likely to consolidate around the US$70,000 level as the market digests recent volatility and continued profit-taking, but the broader setup points to a gradual recovery toward the US$85,000 to US$95,000 range by mid-2026.

    “The key driver is institutional behavior: ETF outflows are slowing rather than accelerating, suggesting that forced selling pressure is easing and longer-term allocators are becoming more selective instead of exiting outright. At the same time, regulatory progress — particularly around stablecoin frameworks and clearer market structure — continues to strengthen Bitcoin’s position as a maturing asset within global portfolios, especially as investors look for inflation hedges amid ongoing macro uncertainty.

    “While short-term price action may remain uneven, innovation across DeFi and tokenized assets is reinforcing the underlying crypto ecosystem, creating conditions that have historically supported post-correction recoveries and attracted long-term capital back into Bitcoin.”

    Ether (ETH) was priced at US$1,955.33, down by 2.8 percent over the last 24 hours.

    Altcoin price update

    • XRP (XRP) was priced at US$1.38, down by 1.2 percent over 24 hours.
    • Solana (SOL) was trading at US$79.64, down by 3.5 percent over 24 hours.

    Today’s crypto news to know

    Robinhood shares Q4 earnings

    Robinhood Markets (NASDAQ:HOOD) released its latest quarterly report on Wednesday, revealing net income totaling US$605 million for Q4 2025 and US$1.9 billion for the year.

    The company reported a record US$1.28 billion in quarterly revenue, a 27 percent increase year-on-year, but shy of estimates of about US$1.36 billion. Its full‑year 2025 revenue reached US$4.5 billion, up 52 percent.

    However, crypto revenue fell 38 percent to US$221 million in Q4.

    Despite a fundamentally solid quarter, with record earnings per share of US$0.66 in Q4 and US$2.05 for 2025, shares dropped between 7 and 12 percent after the print and closed 9 percent lower on the day.

    In other news, Robinhood launched a public testnet for Robinhood Chain, an Ethereum Layer 2 built on Arbitrum technology and designed to support tokenized real‑world and digital assets.

    Developers can begin building and testing apps on it ahead of a future mainnet launch. The testnet offers network access, developer docs and compatibility with standard Ethereum tools, plus early support from infrastructure providers such as Alchemy, Chainlink and LayerZero. Robinhood also said it is committing US$1 million to the 2026 Arbitrum Open House program to encourage developer activity on the testnet and eventual mainnet.

    Banks dig in on stablecoin yield as CLARITY Act stalls

    US banks are hardening their position on stablecoin rules, escalating a policy clash that has left the long-awaited CLARITY Act stuck in Congress. During a White House-hosted meeting led by the administration’s crypto council, banking groups circulated a proposal calling for an outright ban on paying interest or other incentives to stablecoin holders.

    The draft language states: “No person may provide any form of financial or non-financial consideration to a stablecoin holder” in connection with holding or using a payment stablecoin.

    Banking groups warned that allowing yield on stablecoins could “drive deposit flight that would undercut Main Street lending,” while crypto advocates argued innovation should not be stifled. The dispute centers on whether stablecoin rewards resemble bank deposits, potentially siphoning funds from traditional lenders.

    ‘As we noted during the meeting, that framework can and must embrace financial innovation without undermining safety and soundness, and without putting the bank deposits that fuel local lending and drive economic activity at risk. We look forward to ongoing discussions to move market structure legislation forward,’ the American Bankers Association said in a statement following the meeting.

    The standoff has become the main obstacle preventing the CLARITY Act from advancing, despite earlier passage of the GENIUS Act, which created a federal framework for dollar-backed stablecoins.

    Goldman Sachs maintains US$1 billion Bitcoin ETF exposure

    Goldman Sachs (NYSE:GS) disclosed in its latest US Securities and Exchange Commission filing that it holds just over US$1 billion in exposure to Bitcoin through exchange-traded funds (ETFs).

    The exposure is split across products, including BlackRock’s iShares Bitcoin Trust ETF (NASDAQ:IBIT) and Fidelity’s Wise Origin Bitcoin ETF (NEO:FBTC). Bitcoin has dropped roughly 47 percent from its high and is trading near US$67,000, part of a broader US$2 trillion drawdown across the crypto market. ETF flows have been volatile, with more than US$6 billion exiting spot Bitcoin funds since November, according to industry data.

    Despite the slump, Goldman has also expanded into Ether, XRP and Solana ETFs.

    Monad launches Nitro accelerator

    Blockchain company Monad announced Tuesday (February 10) launch of a new three month accelerator program, Nitro, supported by notable firms including Paradigm, Electric Capital, Dragonfly and Castle Island Ventures.

    According to commentary provided in a media briefing accompanying the announcement, “The program is designed to address a common issue in crypto venture funding: teams often raise capital quickly but struggle to ship production-ready products or reach product-market fit. Nitro is structured around execution, shipping cadence, and validation, rather than short-term growth metrics or token-driven incentives.”

    The press release notes that the Monad ecosystem has already seen US$108 million raised by projects.

    The three month program includes an in-person first month in New York City, and will be followed by two months of focused execution, concluding with a Demo Day for crypto and tech investors.

    Interactive Brokers adds Coinbase nano contracts

    Interactive Brokers said it is adding “nano contracts’ from Coinbase Global’s (NASDAQ:COIN) derivatives arm to its trading platform. These contracts control fractions of a Bitcoin or Ether coin and require less upfront investment.

    Clients can trade these futures, some with set expiry dates and others that track the current price over time, 24/7 within Interactive Brokers’ standard brokerage environment, alongside stocks and options.

    The move is meant to make it easier and cheaper for people to get exposure to crypto prices and manage risk, while still using a regulated broker and exchange.

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

    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

    Tartisan Nickel: Working Towards a Feasibility Study and Production Decision at the Kenbridge Nickel Deposit

    Tartisan Nickel (CSE:TN,OTCQX:TTSRF,FSE: 8TA) is a Canadian exploration and development company focused on advancing high-quality critical mineral assets in Ontario. Its flagship asset, the Kenbridge nickel project in Northwestern Ontario, is an advanced-stage nickel sulphide deposit containing nickel, copper and cobalt.

    Management’s strategy for Kenbridge is clear and execution-driven: expand and upgrade the resource through drilling, extend potential mine life, and continue systematically de-risking the project.

    Tartisan Nickel has been engaging with Treaty # 3 First Nations since May 2007.

    At the same time, Tartisan holds the Sill Lake silver project, a past-producing silver-lead property near Sault Ste. Marie, Ontario. Supported by strong fundamentals for nickel, copper and silver, management positions Tartisan as a multi-asset story—providing investors with exposure to several value drivers within a single platform.

    Company Highlights

    • Clear focus on drilling-driven value creation, with active programs designed to upgrade inferred resources, expand the deposit at depth, and extend mine life into the mid-teens
    • Low-capex development profile relative to many peer nickel projects, supported by a historic shaft, road access, and established infrastructure
    • Sill Lake Silver Project provides additional, underappreciated value, offering exposure to silver through a brownfields, past-producing asset with a defined historic resource
    • Experienced leadership team with deep capital markets and mine development experience, focused on disciplined capital allocation and unlocking value from opportunity-acquired assets

    This Tartisan Nickel profile is part of a paid investor education campaign.*

    Click here to connect with Tartisan Nickel (CSE:TN,OTCQX:TTSRF,FSE: 8TA) to receive an Investor Presentation

    This post appeared first on investingnews.com

    Keep Reading
    Investing

    TomaGold: Advancing a District-scale Gold and Base Metal Portfolio in Québec’s Chibougamau Mining Camp

    TomaGold (TSXV:LOT;OTC:TOGOF) is a Canadian exploration company targeting precious and base metals, with a strong focus on gold and copper projects in Québec and Ontario. Its flagship assets are in Québec’s Chibougamau Mining Camp, where it owns the Obalski and Chicot projects and holds options to earn up to 100 percent interests in several additional properties, including Berrigan Mine, David, Radar and Dufault. The company also holds a 24.5 percent joint venture stake in the Baird gold project near Ontario’s Red Lake camp, along with early-stage lithium and rare earth element (REE) exposure in Québec’s James Bay region.

    In January 2026, TomaGold reported deep drilling results from the Berrigan Mine, highlighted by a broad interval of semi-massive to massive sulphide mineralization in hole TOM-25-015. The company also noted that the “Berrigan Deep” zone remains open at depth, underscoring further exploration potential.

    In February 2026, TomaGold released results from a borehole electromagnetic (BHEM) survey, stating that modeled conductive plates correlate with mineralization intersected in multiple holes. The survey also identified a priority plate, BER-14C, as a target for follow-up drilling and additional geophysical work.

    This TomaGold profile is part of a paid investor education campaign.*

    Click here to connect with TomaGold (TSXV:LOT) to receive an Investor Presentation

    This post appeared first on investingnews.com

    Keep Reading
    Business

    Retail operator of outdoor sportswear pioneer Eddie Bauer files for bankruptcy

    The operator of roughly 180 Eddie Bauer stores across the U.S. and Canada has filed for Chapter 11 bankruptcy protection, blaming declining sales and a litany of other industry headwinds.

    The bankruptcy filing marks the third time in a little over two decades for the storied-but-now-tired brand that began as a Seattle fishing shop, later outfitted the first American to climb Mount Everest and made thousands of newfangled down jackets and sleeping bags for the military during World War II.

    Eddie Bauer LLC said Monday it had entered into a restructuring pact with its secured lenders as it made the filing in the U.S. Bankruptcy Court for the District of New Jersey.

    Most Eddie Bauer retail and outlet stores in the U.S. and Canada will remain open as the company winds down certain locations. It noted that it will conduct a court-supervised sales process, and if a sale can’t be executed, it will begin a wind-down of its U.S. and Canadian operations.

    “This is not an easy decision,” said Marc Rosen, CEO of Catalyst Brands, which maintains the license to operate Eddie Bauer stores in the U.S. and Canada. “However, this restructuring is the best way to optimize value for the retail company’s stakeholders and also ensure Catalyst Brands remains profitable and with strong liquidity and cash flow.”

    Eddie Bauer’s stores outside of the U.S. and Canada are operated by other licensees, are not included in the Chapter 11 filings, and will stay open, according to the release.

    Authentic Brands Group continues to own the intellectual property associated with the Eddie Bauer brand and may license the brand to other operators, the company said. The operations of other brands in the Catalyst Brands portfolio are not affected by this filing and will continue in the normal course, according to the company.

    Eddie Bauer’s e-commerce and wholesale operations will also not be impacted by the wind down, as they are operated by a company called Outdoor 5, LLC. That was a transition it made in January and became effective Feb. 2.

    Eddie Bauer joins a growing list of U.S. retailers this year that are closing stores, as companies reorganize under bankruptcy protection or pare down their operations to focus on the most profitable businesses.

    The parent company of Saks Fifth Avenue said last month that it was seeking bankruptcy protection, buffeted by rising competition and the massive debt it took on to buy its rival in the luxury sector, Neiman Marcus, just over a year ago. A few days later, the parent company said it was closing most of its Saks Off 5th stores.

    Amazon said earlier this month that it was closing almost all of its Amazon Go and Amazon Fresh locations within days as it narrows its focus on food delivery and its grocery chain, Whole Foods Market.

    Eddie Bauer’s namesake founder — an avid outdoorsman — started the company in Seattle in 1920 as Bauer’s Sports Shop, according to the brand’s website. In 1945, after making more than 50,000 jackets for the military, it launched a mail-order catalog.

    “Bauer’s Sports Shop was not just a place where people purchased clothing and gear, it was a community hub where folks gathered to share their wisdom, learn, and talk about their experiences in the outdoors,” the website says.

    The company created an American goose-down insulated jacket, known as the “Skyliner,” in 1936, and it became the company’s first patented jacket. It also outfitted the first American to climb Mount Everest — James W. Whittaker — with an Eddie Bauer parka in 1963.

    After Bauer retired in 1968 and sold the business to his partner, the outdoor brand shifted more toward casual apparel and was bought by General Mills Inc. in 1971 and then by Spiegel Inc. in 1988. After Spiegel filed for bankruptcy in 2003 and most of its assets were sold, the remainder of the company was reorganized in 2005 as Eddie Bauer Holdings Inc.

    In June 2009, Eddie Bauer filed bankruptcy and was acquired by Golden State Capital, the following month. In 2021, it was acquired by Authentic Brands and SPARC Group LLC.

    A year ago, Catalyst was formed by the merger of SPARC and JCPenney, which Simon Property Group and fellow mall landlord Brookfield bought out of bankruptcy.

    Rosen noted that even prior to the inception of Catalyst Brands last year, Eddie Bauer was in a “challenged situation.”

    “Over the past year, these challenges have been exacerbated by various headwinds, including increased costs of doing business due to inflation, ongoing tariff uncertainty, and other factors,” he said.

    He noted that while Catalyst’s leadership was able to make improvements in product development and marketing, those changes could not be implemented fast enough to fully address the problems created over several years.

    Eddie Bauer had nearly 600 stores at its peak in 2001, according to CoStar Group Inc., a commercial real estate data firm.

    In a note published earlier this month, Neil Saunders, managing director of GlobalData Retail, wrote that while the Eddie Bauer name is “well known,” the brand hasn’t kept pace with rivals like Swedish outdoor brand Fjallraven and Canadian label Arc’teryx. He also cited issues with quality deteriorating, which, for an outdoor brand measured by the performance of its products, is very problematic.

    “And for many younger shoppers, the brand is seen as somewhat old-fashioned and a bit irrelevant,” he said.

    This post appeared first on NBC NEWS

    Keep Reading
    Investing

    Nine Mile Metals Intersects 44 Meters of Copper Mineralization and Provides Drill Program Update

    Nine Mile Metals LTD. (CSE: NINE,OTC:VMSXF) (OTC Pink: VMSXF) (FSE: KQ9) (the ‘Company’ or ‘Nine Mile’) is pleased to provide the details of drill hole WD-25-05 in addition to a summary of the 2025 drill program completed in December at the Wedge Project.

    Drillhole WD-25-05:

    DDH WD-25-05 collared on the same drill pad as WD-25-01 and drilled at an azimuth of 310 degrees and a dip of -60 to a final depth of 275 meters.

    • DDH-WD-25-05 was successful, intersecting massive VMS (Cu, Pb, Zn, Ag, Au) mineralization between 155.52 – 157.80 meters (Figure 1) followed by 40 meters of mineralized felsic volcanics (rhyolite) as seen in Figure 2 between 157.80 and 197.80 meters before terminating in sediments.
    • Mineralization consisted of both pyrite and chalcopyrite as disseminations, masses, and associated with quartz bands parallel to bedding.
    • All drill core has been measured, logged, photographed, marked, and cut for sampling at the company’s warehouse in Bathurst, New Brunswick. A quick XRF analysis was also completed for sulphide confirmation – filtering and width identification in definition for sampling core for Actlabs Analysis. A total of 55 sections were delivered to ALS Global in Moncton, New Brunswick for Base and Precious Metals analysis, including Antimony.

    FIGURE 1: Brecciated contact between Graphitic Shear and VMS Mineralization.

    To view an enhanced version of this graphic, please visit:
    https://images.newsfilecorp.com/files/7335/283358_4923c8bf64124805_002full.jpg

    FIGURE 2: Banded pyrite and chalcopyrite within siliciifed felsic volcanics

    To view an enhanced version of this graphic, please visit:
    https://images.newsfilecorp.com/files/7335/283358_4923c8bf64124805_003full.jpg

    Drill Holes BHEM -01 and BHEM-02:

    Both drill holes were collared on permitted drill pads in the northwest along the western extension (Figure 4). The drill core for both BHEM-01 and BHEM-02 were solid with minimal faulting / fracturing in the host sediments providing ideal drill holes for surveying and subsequent follow up. Collared outside of known mineralization, the holes are well positioned to locate and model adjacent mineralization with no interference from a conductive source within the drill hole. Both holes are capped and easily accessible, the drill pads available for extending drilling further west and if required, additional depth.

    FIGURE 3: Drilling BHEM – 01 in Northwest Area

    To view an enhanced version of this graphic, please visit:
    https://images.newsfilecorp.com/files/7335/283358_4923c8bf64124805_004full.jpg

    Gary Lohman, VP Exploration, Director stated, ‘Our Wedge Drill Program has been very successful, intersecting Massive Cu bearing VMS where targeted in the western extension of the Wedge Deposit, as designed. Two holes were also drilled in the Northwest area to facilitate an upcoming BHEM survey, their locations in solid rock on the flanks of previous underground workings. In addition to identifying additional mineralization, the size and scale of the individual geological units and results from the upcoming BHEM program will assist in modeling the deposit and targeting additional drilling along the western extension. After our successful drilling in the southern lower extension of the deposit, our knowledge of the deposit and mineralization has increased and identified new areas of priority that were not permitted for this past drill program. We have identified new drill collar locations to continue to test the Copper Zone on the western extension in addition to potential locations that avoid the shear zone in the south. New permitting is underway in preparation of an exciting 2026 campaign at the Wedge, including our West Wedge and Tribag Target Trend drill programs.’

    2025 Drill Program Overview:

    The program consisted of 7 drill holes totaling 1,654 meters with 5 holes targeting copper mineralization in the western extension of the Wedge Mine with two additional holes collared in the northwest to facilitate BHEM (Bore Hole Electromagnetic) surveying this spring. The goal is to map the depth of the deposit and define the new copper zone. We should also be able to map the western parameters of the deposit, heading west towards the Tribag and West Wedge along trend.

    The 2025 drill program was highly successful, with all five drill holes targeting copper mineralization intersecting both massive VMS (Cu, Pb, Zn, Ag, Au) and banded copper sulphide mineralization. The two holes collared to facilitate BHEM geophysical surveying were also successful, collared in the northwest portion of the western extension, away from the large, graphitic shear zone that bounds the deposit in the south and west of the interpreted extent of previous, underground workings. BHEM surveying has its best results when drilled away from the mineralization and the magnetic interference.

    The five drill holes targeting mineralization were all collared in the southwest, crossing through a brecciated, graphitic shear zone (tectonic melange) before intersecting a well-defined massive VMS (Cu, Pb, Zn, Ag, Au) horizon. This is characteristic of the mineralized contact after which a sequence of intercalated sediments and volcanics are cut prior to the holes intersecting the main zone of VMS mineralization with mineralized widths between 13 and 48 meters.

    The VMS mineralization consisted of abundant pyrite and lesser chalcopyrite, sphalerite, and galena. Local, secondary copper, covellite (CuS) and bornite (Cu5FeS4), was also identified in drill holes WD-25-02 and WD-25-04.

    In the west, the metal zonation appears different than the drill holes completed in the east with the prevalence of a greater concentration of chalcopyrite and pyrite with lesser galena (Pb) and sphalerite (Zn). Although it is early in the process, we have confirmed the presence abundant chalcopyrite and coarser grained pyrite in the western extension.

    The key observations in this program include:

    • Graphitic Shear Zone in contact with VMS confirmed as a diagnostic marker horizon in the southwest.
    • Mineralized siliceous volcanics were intersected in numerous drill holes, defining an additional, mineralized sequence.
    • VMS mineralization occurs in multiple horizons as seen in holes WD-25-01 and WD-25-02.
    • The intersected units (Argillite, VMS and Felsic Volcanics) are of substantial width and extent which will assist in the 3D modeling of the deposit and subsequent drill hole targeting.

    Patrick J Cruickshank, MBA, CEO & Director, stated, ‘We are thrilled with the success of our Wedge Phase 2 Drill Program. To have all 5 holes strike mineralization was more than we expected. It is a testament to our Technical Team and specifically, Mike Dufresne and Gary Lohman. We already have identified Phase 3 Drill holes and are determined more than ever to expand this deposit’s footprint and expose this entire new 3rd High Grade Copper Lens. In addition, the BHEM surveys, the Phase 3 Wedge Drilling, the TriBag & West Wedge drilling to test this VMS Cluster Trend, 2026 will be filled with Wedge Project activity. We expect our first Assays to arrive this week from ALS Global and look forward to sharing the results.’

    FIGURE 4: Drill Hole Locations, WD-25-05, BHEM-01, BHEM-02

    To view an enhanced version of this graphic, please visit:
    https://images.newsfilecorp.com/files/7335/283358_4923c8bf64124805_005full.jpg

    All drill core has been measured, logged, photographed, marked, and cut for sampling at the company’s warehouse in Bathurst, New Brunswick. A quick XRF analysis was also completed for sulphide confirmation – filtering and width identification in definition for sampling core for ALS Global. A total of (57) samples in Hole WD-25-05 have been identified for Base and Precious Metals analysis, including Antimony, and have been shipped to ALSGlobal, Moncton, New Brunswick for Rush processing.

    The disclosure of technical information in this news release has been prepared in accordance with Canadian regulatory requirements as set out in National Instrument 43-101 – Standards of Disclosure for Mineral Projects (‘NI 43-101’) and reviewed and approved by Gary Lohman, B.Sc., PGO., VP Exploration and Director who acts as the Company’s Qualified Person, and is not independent of the Company.

    About Nine Mile Metals Ltd.:

    Nine Mile Metals Ltd. is a Canadian public mineral exploration company focused on VMS (Cu, Pb, Zn, Ag and Au) exploration in the world-famous Bathurst Mining Camp, New Brunswick, Canada. The Company’s primary business objective is to explore its four VMS Projects: Wedge VMS Project, Nine Mile Brook VMS Project, California Lake VMS Project, and the Canoe Landing Lake (East – West) VMS Project. The Company is focused on Critical Minerals Exploration (CME), positioning for the boom in EV and green technologies requiring Copper, Silver, Lead and Zinc with a hedge with Gold.

    Social Media

    X: @NineMileMetals
    LinkedIn: Nine Mile Metals
    Facebook: @ Nine Mile Metals

    ON BEHALF OF Nine Mile Metals LTD.

    ‘Patrick J Cruickshank, MBA’
    CEO and Director
    T: +1.506-800-0581
    E: info@ninemilemetals.com

    This press release may include forward-looking information within the meaning of Canadian securities legislation, concerning the business of Nine Mile. Forward-looking information is based on certain key expectations and assumptions made by the management of Nine Mile. In some cases, you can identify forward-looking statements by the use of words such as ‘will,’ ‘may,’ ‘would,’ ‘expect,’ ‘intend,’ ‘plan,’ ‘seek,’ ‘anticipate,’ ‘believe,’ ‘estimate,’ ‘predict,’ ‘potential,’ ‘continue,’ ‘likely,’ ‘could’ and variations of these terms and similar expressions, or the negative of these terms or similar expressions. Forward-looking statements in this press release include that (a) prior to commencing the 2023 exploration drill program, the ground will be mapped at surface and representative samples analyzed to determine the base and precious metal assay values, (b) the Ag and Au values will be reported upon receipt of the certified assay results from ALS Global, and (c) our current financial raise will enable us to drill the Wedge Project (along with our Canoe Landing VMS Project and follow up exploration work on our California Lake VMS Project) this season as opposed to next year. Although Nine Mile believes that the expectations and assumptions on which such forward-looking information is based are reasonable, undue reliance should not be placed on the forward-looking information because Nine Mile can give no assurance that they will prove to be correct.

    The Canadian Securities Exchange (CSE) has not reviewed and does not accept responsibility for the adequacy or the accuracy of the contents of this release.

    ____________________________________________________________________________________

    The Canadian Venture Building, 82 Richmond Street East, Toronto, ON M5C 1P1 (T) (506) 804-6117
    www.ninemilemetals.com

    To view the source version of this press release, please visit https://www.newsfilecorp.com/release/283358

    News Provided by TMX Newsfile via QuoteMedia

    This post appeared first on investingnews.com

    Keep Reading