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Buscar Company (CGLD) and the Eon Discovery Team have partnered with Mother Lode Mining to explore the potential of the Treasure Canyon Gold Mine, supported by a cutting-edge geological report
Prnewswire· 2025-06-16 10:00
Core Insights - Buscar Company has formed a strategic partnership with Mother Lode Mining, Ltd. to enhance its mining operations at the Treasure Canyon Gold Mine, which has an estimated 3.58 million troy ounces of gold equivalent valued at $11.99 billion [1][2] Strategic Partnership - The partnership with Mother Lode Mining, effective March 31, 2025, involves Dr. John Beagles overseeing the preparation of Phase 1 NI 43-101 and SEC-compliant SK-1300 reports, which will assess various valuable minerals [2] - These reports are expected to be completed in Q3 2025 and will include site planning, financial projections, and breakeven analyses to ensure compliance and transparency [2] Technological Innovation - Dr. Beagles is developing a proprietary Plasma Extractor System (PES) that could potentially increase gold recovery by 3 to 10 times, pending independent verification [3] Geological Report - A detailed geological report by Mars Mines Ltd confirms the significant potential of the Treasure Canyon project, reclassifying the deposits as Iron Oxide Copper-Gold (IOCG), indicating a rich association of valuable metals [4] - The report recommends further exploration methods such as soil geochemistry, magnetometry, and drilling to better understand the subsurface geology and expand the site's potential [4] Next Steps - On-site work is set to commence in mid-July 2025 to support the NI 43-101 report, with a commitment to sustainable mining practices and job creation [5] - The Phase 1 reports will guide advanced exploration and the potential integration of the Plasma Extractor System [5] Company Overview - Buscar Company is a diversified holding company focused on natural resources, sustainable technologies, and pharmaceuticals, with operations managed by its subsidiary Eon Discovery Inc. [6] - The company aims to drive growth and deliver shareholder value through innovation and diversification, following a strategic evolution that included a reverse merger in 2020 [6]
Mercury Insurance Builds Climate Science Team to Tackle the Impact of Extreme Weather Events
Prnewswire· 2025-06-10 16:00
Group 1 - Mercury Insurance has appointed Steve Bennett as Senior Director of Climate and Catastrophe Science to lead a team focused on risk mitigation in property and casualty insurance [1][2] - The company aims to work collaboratively with homeowners, municipalities, and government to create more resilient and insurable risks in high-risk areas affected by climate change [2][4] - Mercury has successfully written more policies in areas where competitors have withdrawn, such as Paradise, CA, by implementing new zoning and construction standards for wildfire mitigation [3][4] Group 2 - The company emphasizes a science-based approach to risk management, encouraging customers to enhance their properties against catastrophic events in exchange for affordable coverage options [3][5] - Bennett brings over 30 years of experience in climate risk and effective risk management, previously co-founding Demex and serving on the faculty at the University of North Carolina [5] - Mercury's strategy includes analyzing geographical factors, building methods, and policy concentration to manage catastrophic risks more effectively, rather than excluding entire areas from coverage [4][5]
Virtu Financial and Limina Team Up to Streamline Post-Trade Operations
ZACKS· 2025-06-10 13:51
Key Takeaways VIRT teams up with Limina to enhance post-trade processing via TradeOPS and cloud-based integration. The partnership targets reduced errors, lower compliance costs and broader market reach for VIRT. VIRT saw 39.6% and 23.5% YOY gains in net trading income for market-making and execution services.A global trading technology firm, Virtu Financial Inc. (VIRT) , recently announced a partnership with Limina to provide a smooth, end-to-end trade processing experience to reshape post-trade workflow ...
TJ Maxx and Ilona Maher Team Up to Launch "You Sponsored by TJ Maxx": A First-of-its-Kind Initiative to Sponsor True Original Women
Prnewswire· 2025-06-05 13:03
Core Perspective - TJ Maxx launches "You Sponsored by TJ Maxx," a program aimed at providing sponsorship opportunities to everyday women, addressing the disparity in sponsorship support [1][4][8] Group 1: Program Overview - The program will award 10 women custom sponsorship deals to enhance their visibility, connections, and opportunities [2][6] - Each recipient will be paired with one of five influential Co-Sponsors from various fields, including athletics, arts, fashion, and entrepreneurship [2][5] Group 2: Key Findings from Survey - A TJ Maxx survey indicates that fewer than 10% of women currently have a sponsor, while 75% believe sponsorship would help them embrace their authentic selves [1][10] - The survey was conducted with 2,000 U.S. women aged 18-65, highlighting the need for increased support for women in various professional fields [10] Group 3: Sponsorship Benefits - Recipients will receive $20,000 in funding to support their personal or professional endeavors [6] - The program includes one-on-one mentorship with Co-Sponsors and introductions to their networks to facilitate further opportunities [6] - Visibility will be enhanced through storytelling on TJ Maxx's social media platforms, reaching millions of followers [6] Group 4: Historical Context - The initiative builds on the Maxx You Project, which has supported over 200,000 women since its inception in 2017, providing resources for women to pursue their authentic lives [11]
Astrana Health Strengthens Leadership Team to Scale AI-Enabled Healthcare Delivery Platform for All
Prnewswire· 2025-06-03 12:00
McBride's appointment complements several other strategic additions to the leadership team, including Georgie Sam as Chief Data and Analytics Officer, Glenn Sobotka as Chief Accounting Officer, and the promotion of Rita Pew to Chief People Officer. ALHAMBRA, Calif., June 3, 2025 /PRNewswire/ -- Astrana Health, Inc. ("Astrana," and together with its subsidiaries and affiliated entities, the "Company") (NASDAQ: ASTH), a physician-centric, technology- enabled healthcare company empowering providers to deliver ...
Amazon Building Team Focused on Creating ‘Entirely New Product Categories'
PYMNTS.com· 2025-05-29 23:38
Group 1 - Amazon's devices unit is forming a new team called ZeroOne, focused on creating breakthrough consumer products and entirely new product categories, led by Microsoft veteran J Allard [1][2] - The ZeroOne team is working on projects that include a new smart home product, emphasizing design thinking and rapid experimentation [2] - This development follows Amazon's recent decision to cut about 100 jobs in its devices and services unit as part of a regular business review [3] Group 2 - The devices and services unit is responsible for products like Kindle eReader, Echo smart home devices, Zoox robotaxi, and Alexa [3] - Amazon is preparing to release a "constellation" of devices powered by artificial intelligence, as stated by Panos Panay, head of the devices and services division [3][4] - The company has begun integrating AI into various devices, including Ring security cameras, Eero Wi-Fi routers, and Echo smart speakers [4]
Meta Reorganizes GenAI Team to Accelerate Product Rollouts
PYMNTS.com· 2025-05-28 22:04
Core Insights - Meta is reorganizing its generative AI team into a product-focused group and an AGI foundations unit to enhance product rollouts and streamline operations in response to the competitive AI landscape [2][3][4] - The company plans to increase its capital expenditure to between $64 billion and $72 billion this year, primarily for expanding data centers and deploying 1.3 million GPUs by the end of 2025 [7] - There are concerns regarding talent retention, as key researchers from Meta's Llama team are leaving for competitors like Mistral [8] Group 1: Reorganization Details - The reorganization involves splitting the AI team into two distinct groups: a products team led by Connor Hayes and an AGI Foundations unit co-led by Ahmad Al-Dahle and Amir Frenkel [2][4] - The products team will focus on practical applications and the rollout of AI features across Meta's platforms, while the AGI team will manage the Llama language model and enhance reasoning and multimedia capabilities [4][5] - The Fundamental AI Research (FAIR) group, led by Yann LeCun, will remain unaffected by this reorganization [5] Group 2: Financial Commitments - Meta has raised its capital expenditure forecast for 2025 to between $64 billion and $72 billion, an increase from the previous estimate of $60 billion to $65 billion [7] - This financial commitment is aimed at supporting AI development and expanding data center capabilities [7] Group 3: Talent Retention Challenges - The Llama AI team is experiencing a talent drain, with several researchers leaving for rival firms, particularly the French startup Mistral [8] - This talent retention issue poses a challenge for Meta as it seeks to maintain its competitive edge in the AI sector [8]
Angkor Resources' Subsidiary Deploys Seismic Analytical Team On Onshore Block VIII, Cambodia
Thenewswire· 2025-05-28 12:30
Core Viewpoint - Angkor Resources Corp. announces the deployment of geoscientists and seismic contractors for a 350-kilometer seismic program on Block VIII in Cambodia, aiming to evaluate hydrocarbon potential and identify drill targets for oil and gas exploration [1][2][3]. Group 1: Project Details - EnerCam Resources, a subsidiary of Angkor, has completed a five-day scoping program to assess planned seismic lines, identifying access routes and potential challenges [2]. - The project involves a 2-D seismic survey along the west side of Block VIII, with the goal of interpreting seismic data to establish drill targets [2]. - The team has traveled over 1,340 kilometers during the scouting program, and plans to deploy 30-40 personnel for the seismic execution upon receiving environmental approval [5]. Group 2: Community Engagement - The company has engaged with local communities, receiving positive feedback regarding oil and gas development, which is seen as an opportunity for employment and economic growth [6]. - In response to community requests, the company has initiated clean water and sanitation projects for vulnerable families, demonstrating its commitment to social responsibility [7]. Group 3: Company Background - Angkor Resources Corp. is publicly listed on the TSX-Venture Exchange and focuses on resource optimization in Cambodia, with interests in mineral and energy solutions [9]. - The company’s energy subsidiary, EnerCam, holds an onshore oil and gas license covering 3,729 square kilometers in Block VIII, indicating significant exploration potential [9].
Top Arizona Team Led by Scott Kumler Joins eXp Realty, Bringing $80M in Volume
GlobeNewswire News Room· 2025-05-21 16:00
Core Insights - eXp Realty has successfully attracted top-producing team leader Scott Kumler and The Kumler Group from My Home Group, enhancing its agent-centric approach and market presence [1][2][3] Company Overview - eXp World Holdings, Inc. is the parent company of eXp Realty and SUCCESS Enterprises, operating as a cloud-based, agent-centric brokerage with over 81,000 agents across 27 international locations [4] - eXp Realty offers industry-leading commission splits, revenue share, equity ownership opportunities, and a global network for agents to build successful businesses [4] Team Performance - The Kumler Group, led by Scott Kumler, closed over $80 million in volume across 192 transactions in 2024, ranking among the top five teams in Arizona [1][2] - Scott Kumler has consistently ranked in the top 1% of Realtors in Arizona and was recognized as a Top 100 solo agent among more than 2,000 agents [2] Leadership and Culture - Scott Kumler emphasizes agent development and leadership, aligning with eXp Realty's values and commitment to mentorship and support [3] - The Kumler Group is known for its agent-first culture, strategic growth, and dedication to mentorship, which are key components of its operational philosophy [2][3] Strategic Partnerships - The move to eXp Realty was facilitated under the mentorship of Joshua Smith, enhancing the value proposition for The Kumler Group's agents through additional coaching opportunities [2]
Aardvark Therapeutics Bolsters Leadership Team with Strategic Hires Across Scientific, Commercial, Regulatory and Legal Functions
GlobeNewswire News Room· 2025-05-19 20:10
Core Insights - Aardvark Therapeutics, Inc. has appointed key members to its leadership team to enhance its strategic capabilities as it progresses with its Phase 3 HERO study of ARD-101 for treating hyperphagia associated with Prader-Willi Syndrome [1][2] Leadership Appointments - Timothy Kieffer, Ph.D., appointed as Chief Scientific Officer, brings extensive experience in diabetes mechanisms and translational medicine, having previously served at ViaCyte Inc. and Fractyl Health [2][3] - Danny Villeneuve appointed as Chief Commercial Officer, has over 20 years of commercial leadership experience in the biopharmaceutical industry, notably leading the relaunch of a flagship ADHD product at Ironshore Pharmaceuticals [3] - Terrie Kellmeyer, Ph.D., appointed as Senior Vice President, Regulatory Affairs, has nearly 30 years of regulatory strategy and clinical development expertise, contributing to multiple successful New Drug Applications [4] - Christian Zapf, J.D., appointed as General Counsel, has over 20 years of legal and transactional experience in biotechnology, previously serving at Abpro Corporation and NantWorks [5] Company Overview - Aardvark is a clinical-stage biopharmaceutical company focused on developing small-molecule therapeutics to suppress hunger for treating Prader-Willi Syndrome and other metabolic diseases [8] - The lead compound, ARD-101, is in Phase 3 clinical development for hyperphagia associated with PWS and is also being studied for hypothalamic obesity [8]