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Sitka Deepens Winter Drill Hole and Intersects 65.0 Metres of 2.00 g/t Gold, Including 6.3 Metres of 5.53 g/t Gold; Mobilizes Fourth Drill Rig to the Rhosgobel Target at Its RC Gold Project, Yukon
Newsfile· 2025-06-11 12:30
Sitka Deepens Winter Drill Hole and Intersects 65.0 Metres of 2.00 g/t Gold, Including 6.3 Metres of 5.53 g/t Gold; Mobilizes Fourth Drill Rig to the Rhosgobel Target at Its RC Gold Project, Yukon June 11, 2025 8:30 AM EDT | Source: Sitka Gold Corp. Vancouver, British Columbia--(Newsfile Corp. - June 11, 2025) - Sitka Gold Corp. (TSXV: SIG) (FSE: 1RF) (OTCQB: SITKF) ("Sitka" or the "Company") is pleased to announce initial assay results from its 2025 summer drill program currently underway at its 100% owned ...
Fathom Nickel Expands the Gochager Lake Property and Announces Delay of Summer Field Exploration
Newsfile· 2025-06-11 11:45
Fathom Nickel Expands the Gochager Lake Property and Announces Delay of Summer Field ExplorationJune 11, 2025 7:45 AM EDT | Source: Fathom Nickel Inc.HighlightsThree contiguous mineral dispositions totaling 10,519.43 hectares have been added to the Gochager Lake Property.The Gochager Lake Property now consists of 39 contiguous mineral claims amounting to 34,409.34 total hectares.The new staking covers known mafic-hosted nickel-copper occurrences as well as known gold occurrences.The additional ...
Myriad Uranium Reports Final Chemical Assays from Copper Mountain. Grades Up to 60% Higher Than Probe Equivalents, with Positive Implications for Scale and Scope of the Project.
Newsfile· 2025-06-11 11:30
Core Insights - Myriad Uranium Corp. reports significant chemical assay results from the Copper Mountain Uranium Project, indicating grades up to 60% higher than previously reported probe equivalents, suggesting a more extensive high-grade uranium mineralization than previously estimated [1][2][3] Drilling Results - The drilling program focused on the Canning Deposit, identified as the largest mineralized area based on historical data from Union Pacific's 1979 mine plan [2] - Confirmed U3O8 grades across 34 boreholes are significantly higher than eU3O8 probe grades, with the deepest intercept (CAN0034) showing a 242% increase over its equivalent probe grade [3][4] - Chemical assay will be the primary reporting method for Copper Mountain going forward, as it provides more accurate results compared to gamma probe readings [3][4] Historical Context - The initial drill campaign results suggest that the historical estimate of 15-30 million pounds U3O8 across six deposits may be conservative, with potential for new, previously unaccounted mineralization [4] - The findings support previous internal documents from Neutron Energy, indicating the potential for "several hundred million pounds" of uranium at Copper Mountain [4] Future Plans - The company has submitted a Plan of Operations application to drill high-priority prospects, which could increase the number of permitted boreholes to 70 [22] - The drilling program aims to explore deeper mineralization beyond the 600 feet level previously drilled by Union Pacific, with encouraging results from the latest borehole [15][16] Technical Aspects - Drilling was conducted using diamond core and reverse circulation methods, with core samples processed for further analysis [18] - Downhole logging utilized spectral gamma probes to measure gamma emissions, providing insights into mineral composition and aiding in lithological determination [19][20]
Nebius and Saturn Cloud Launch First-in-Class AI MLOps Cloud with Support for NVIDIA AI Enterprise
Newsfile· 2025-06-11 11:00
"The combination of Nebius's full-stack AI infrastructure and Saturn Cloud's MLOps platform opens up access to enterprise-grade AI capabilities for organizations of all sizes," said Danila Shtan, CTO of Nebius. "Nebius offers Saturn Cloud customers flexible access to highly performant, built-for-AI cloud at high levels of reliability and cost efficiency." "Together, Nebius and Saturn Cloud enable organizations to become AI-driven," said M. Sebastian Metti, CEO of Saturn Cloud. "Previously limited by GPU eco ...
HEALWELL AI Leverages Orion Health to Power Entry into US Market
Newsfile· 2025-06-11 07:15
Core Viewpoint - HEALWELL AI is strategically expanding into the U.S. healthcare market following its acquisition of Orion Health, aiming to enhance preventative care through AI-driven insights and a robust health data infrastructure [3][4]. Company Overview - HEALWELL AI Inc. is a healthcare artificial intelligence company focused on preventative care, utilizing proprietary technology to improve healthcare outcomes through early disease detection [11]. - The company is publicly traded on the Toronto Stock Exchange under the symbol "AIDX" and on the OTCQX Market under "HWAIF" [11]. Strategic Expansion - The acquisition of Orion Health, which has over two decades of experience in the U.S. healthcare sector, provides HEALWELL with immediate credibility and reach in a complex market [4][6]. - HEALWELL has established dedicated teams in the U.S. and Canada to address the distinct regulatory and market dynamics of each region [5]. Technology and Offerings - HEALWELL plans to introduce a modular, FHIR-native repository alongside Orion's HL7-based data repository, supporting interoperability and real-time data sharing [7]. - The company will launch a suite of AI-enabled tools, including clinical search, summarization, and patient risk stratification, designed to integrate with existing clinical infrastructures [8][10]. Market Potential - The U.S. digital health market reached $160.4 billion in 2024 and is projected to grow at a 15.4% CAGR from 2025 to 2033, reaching $695.2 billion [8]. - HEALWELL views the U.S. market as a key focus area due to its size and complexity [8]. Partnerships and Growth Strategy - HEALWELL aims to deepen its U.S. market presence through strategic partnerships and mergers and acquisitions, focusing on capital allocation to support its mission of AI-driven preventative care [9]. - The company has established partnerships with life sciences organizations and is actively engaged with seven of the top ten largest pharmaceutical companies globally [9]. Leadership Insights - The incoming CEO, James Lee, emphasized the company's progress in integration and market strategies, highlighting significant growth opportunities and the potential for AI to improve patient outcomes [10].
Dolly Varden Silver Announces Full Exercise of Underwriters' Option in Bought-Deal Financing for Total of $28.76 Million, With Participation by Eric Sprott
Newsfile· 2025-06-11 01:47
Core Viewpoint - Dolly Varden Silver Corporation has successfully completed a bought-deal financing, raising a total of $28,755,500 through the sale of various securities, including common shares and flow-through shares [2][4]. Financing Details - The underwriters exercised their option in full for gross proceeds of $3,750,500, contributing to the total gross proceeds of $28,755,500 [2]. - The financing includes: - 2,445,500 common shares at $4.60 per share, generating $11,249,300 [2]. - 1,128,000 charity flow-through shares at $6.65 per share, raising $7,501,200 [2]. - 1,740,000 flow-through shares at $5.75 per share, yielding $10,005,000 [2]. Use of Proceeds - Net proceeds from the common shares will be allocated for working capital and general corporate purposes [4]. - Proceeds from the charity flow-through shares and flow-through shares will be directed towards exploration, mineral resource expansion, and drilling in the Kitsault Valley project [4]. Closing and Regulatory Approvals - The offerings are expected to close on June 26, 2025, pending necessary regulatory approvals from the TSX Venture Exchange and NYSE American [5]. - The LIFE Offering will be conducted under the 'listed issuer financing exemption' and will not be subject to a hold period under Canadian securities laws [6][7]. Participation and Additional Rights - Eric Sprott, through 2176423 Ontario Ltd., has expressed intent to participate in the financing [3]. - Hecla Canada Ltd. and Fury Gold Mines Ltd. have rights to acquire common shares at $4.60 per share to maintain their equity interest [9]. Company Overview - Dolly Varden Silver Corporation focuses on advancing its 100% held Kitsault Valley Project, which includes high-grade silver and gold resources [11]. - The project is located in the Golden Triangle of British Columbia and is considered prospective for further precious metal deposits [11].
Dolly Varden Silver Announces Full Exercise of Underwriters' Option in Bought-Deal Financing for Total of $28.76 Million, with Participation by Eric Sprott
Newsfile· 2025-06-10 23:17
Core Viewpoint - Dolly Varden Silver Corporation has announced the full exercise of underwriters' option in a bought-deal financing, resulting in total gross proceeds of $28,755,500 for the company [5][6]. Group 1: Financing Details - The financing includes the sale of 2,445,500 common shares at a price of $4.60 per share, generating gross proceeds of $11,249,300 [5]. - Additionally, 1,128,000 common shares will be issued as "flow-through shares" at a price of $6.65 per share, yielding gross proceeds of $7,501,200 [5]. - Furthermore, 1,740,000 common shares will be sold as "flow-through shares" at a price of $5.75 per share, resulting in gross proceeds of $10,005,000 [5]. Group 2: Use of Proceeds - The net proceeds from the sale of common shares will be allocated for working capital and general corporate purposes [4]. - Gross proceeds from the sale of Charity FT Shares and FT Shares will be directed towards further exploration, mineral resource expansion, and drilling in the Kitsault Valley project [4]. Group 3: Closing and Regulatory Approvals - The offerings are expected to close on June 26, 2025, subject to necessary regulatory approvals from the TSX Venture Exchange and NYSE American [5][6]. - The LIFE Offering will be conducted under the 'listed issuer financing exemption' and will not be subject to a hold period under applicable Canadian securities laws [7]. Group 4: Participation and Advisory - Eric Sprott, through 2176423 Ontario Ltd., has indicated his intention to participate in the transaction [3]. - Eventus Capital Corp. is serving as a special advisor to the company in connection with the offerings [8]. Group 5: Company Overview - Dolly Varden Silver Corporation is focused on advancing its 100% held Kitsault Valley Project, which includes the Dolly Varden Project and the Homestake Ridge Project, located in British Columbia, Canada [11]. - The project is known for its high-grade silver and gold resources and is considered prospective for further precious metal deposits [11].
Tantalus Systems Announces Voting Results for Annual General and Special Meeting
Newsfile· 2025-06-10 21:00
Burnaby, British Columbia--(Newsfile Corp. - June 10, 2025) - Tantalus Systems (TSX: GRID) (OTCQX: TGMPF) ("Tantalus" or the "Company"), a technology company dedicated to helping utilities modernize their distribution grids by harnessing the power of data, today announced the voting results of the Company's annual general and special meeting of shareholders held on June 10, 2025 (the "Meeting"). Election of DirectorsThe following eight nominees of management were elected as directors at the Meeting. The vo ...
Datadog Unveils Latest AI Agents to Rapidly Resolve Application Issues
Newsfile· 2025-06-10 20:05
Core Insights - Datadog has launched three new AI agents designed to enhance incident resolution for development, security, and operations teams, marking a significant advancement in its Bits AI platform [1][2][3] Group 1: New AI Agents - The new AI agents include Bits AI SRE, Bits AI Dev Agent, and Bits AI Security Analyst, each tailored for specific functions in incident response, product development, and security [2][3] - Bits AI SRE operates 24/7 to triage alerts and provide initial investigation findings, while Bits AI Dev Agent generates code fixes and opens pull requests tailored to the organization's technology stack [3][4] - Bits AI Security Analyst autonomously triages security signals and conducts investigations, delivering resolution recommendations without human intervention [3] Group 2: Enhanced Capabilities - The new Proactive App Recommendations feature analyzes existing telemetry to suggest high-impact fixes and actions to improve application performance [8] - APM Investigator automates the troubleshooting of latency spikes by identifying bottlenecks and proposing fixes, streamlining the resolution process for engineers [8] Group 3: Strategic Positioning - Datadog's platform processes trillions of data points, providing a rich data environment that enhances the effectiveness of its AI capabilities [3] - The architecture of the new AI agents allows for rapid deployment and consistent user experience, leveraging high-quality observability data for precise insights [2][3]
Datadog Launches Internal Developer Portal to Give Engineering Teams Autonomy and Help Them Ship Production-Ready Code Quickly
Newsfile· 2025-06-10 20:05
Core Insights - Datadog has launched its Internal Developer Portal (IDP), the first developer portal built on live observability data, aimed at enhancing the autonomy of engineering teams and accelerating the delivery of production-ready code [1][6]. Group 1: Product Features - The IDP allows developers to ship software quickly while adhering to production standards, utilizing real-time performance data and service ownership information [3][5]. - It includes a Software Catalog that provides a live record of software performance and ownership, automatically synced with telemetry data [4]. - Self-Service Actions enable developers to perform tasks independently using pre-built templates, ensuring compliance with internal requirements [4]. - Scorecards track compliance with various standards, including reliability and security, allowing platform engineers to monitor performance across teams [4]. - Engineering Reports offer visibility into software delivery performance and compliance, tailored for different roles within the organization [4]. Group 2: Operational Efficiency - The IDP enhances incident response by centralizing engineering knowledge, allowing engineers to focus on resolving issues rather than searching for information [4]. - It integrates observed and declared system states, providing real-time visibility into system changes and facilitating collaboration among developers [5]. - The platform supports faster investigations by allowing on-call engineers to access critical information hands-free through a Voice Interface [5]. Group 3: Market Context - Datadog's IDP addresses the growing complexity faced by engineering teams, who must navigate an expanding set of requirements while maintaining code reliability and compliance [2]. - The launch of IDP coincides with Datadog's annual conference, DASH, where additional features in AI Observability and Log Management were also announced [6].