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Azimut Confirms Extensive High-Grade Lithium Surface Discovery on Wabamisk East Property, James Bay Region, Quebec
Globenewswire· 2025-10-09 10:30
Core Insights - Azimut Exploration Inc. has reported positive results from a systematic field program on its Wabamisk East Property, revealing a large-scale system of spodumene pegmatites with significant lithium potential [1][7]. Group 1: Project Overview - The Wabamisk East Property consists of 205 claims covering 108.5 km and is wholly owned by Azimut, which has optioned it to Rio Tinto for lithium exploration [8]. - Under a revised option agreement, Rio Tinto can earn up to a 70% interest by spending $85 million, with Azimut acting as the operator during the initial phase [2][11]. Group 2: Geological Findings - The pegmatite bodies at Lithos-North and Lithos-South exhibit variable thicknesses, with the former showing thicknesses from 10 to over 50 meters and the latter from 10 to 15 meters [5][6]. - A total of 86 distinct spodumene-bearing outcrops have been identified, with 63 of 109 grab samples collected in 2025 returning grades higher than 0.5% Li2O, including 29 samples exceeding 2.0% Li2O, with a maximum grade of 6.93% Li2O [7]. Group 3: Future Plans - Azimut plans to propose an aggressive drilling program to Rio Tinto for early 2026 as the project progresses towards the drilling stage [2]. - The ongoing mechanical stripping is expected to expand the known footprint of the pegmatitic bodies and confirm continuous mineralization over a significant area [7].
MetMalaysia to boost weather forecasts with new supercomputer and AI
Thesun.My· 2025-10-08 09:49
KOTA BHARU: Malaysia’s weather forecasts are expected to become faster and more accurate with the development of a new numerical weather prediction system by the Malaysian Meteorological Department. Datuk Nor Yahati Awang, the Ministry of Natural Resources and Environmental Sustainability’s deputy secretary-general, said the system will utilise a supercomputer with a processing speed of six petaflops. She confirmed the system will be housed at the Public Sector Data Centre in Kulim, Kedah, and will incorpor ...
Azimut Starts Drilling High-Grade Gold Zone at Wabamisk, James Bay Region, Québec
Globenewswire· 2025-09-29 10:30
Maiden drilling program initiated on the Rosa ZoneExtensive IP chargeability anomaly correlates with surface high-grade gold trend LONGUEUIL, Québec, Sept. 29, 2025 (GLOBE NEWSWIRE) -- Azimut Exploration Inc. (“Azimut” or the “Company”) (TSXV: AZM) (OTCQX: AZMTF) is pleased to announce that a maiden 1,500-metre core drilling program is underway on the Rosa Zone, which was discovered this summer by prospecting. Additional drilling is planned, and contingent on positive initial results. The Rosa Zone is locat ...
Why Investors Are Excited About Palantir Stock Again
Yahoo Finance· 2025-09-28 13:00
Palantir Technologies (PLTR) has quickly progressed from a backstage player to one of the most talked-about artificial intelligence (AI) winners in the market. Investors are excited about its major government contract wins, booming commercial usage, a new AI product stack, and a succession of high-profile partnerships. PLTR stock has climbed an impressive 138.2% year-to-date (YTD), and its strong second-quarter results explain why investors are taking a fresh look at the company. More News from Barchart ...
Significant Movements Among Top Market Gainers
Financial Modeling Prep· 2025-09-16 22:00
Company Highlights - Next Technology Holding Inc. (NASDAQ:NXTT) experienced a price surge to $23.49, marking an increase of over 16,216%, driven by its innovative technical services in the social e-commerce platform space within Mainland China [1][5] - iCoreConnect Inc. (NASDAQ:ICCT) saw its price rise to $0.072, reflecting a 500% increase due to its robust healthcare technology solutions, including HIPAA-compliant electronic prescription software [2][5] - Turbo Energy, S.A. (NASDAQ:TURB) recorded a price increase to $12.95, a 379% rise, showcasing its expertise in renewable energy solutions, including lithium-ion batteries and AI-based software for energy management [3][5] Market Trends - The significant price movements among these companies reflect broader market trends emphasizing the growing importance of technology and sustainability across various sectors [4] - Investors are increasingly attracted to companies demonstrating innovation, strategic market positioning, and high growth potential, as evidenced by the substantial price increases of these top gainers [4]
Azimut Discovers New High-Grade Gold Zone at Wabamisk, James Bay Region, Québec, Canada
Globenewswire· 2025-08-28 10:30
Core Viewpoint - Azimut Exploration Inc. has discovered a significant gold-bearing zone named the "Rosa Zone" on its Wabamisk Property in the James Bay region of Québec, characterized by high-grade gold results and visible gold occurrences, leading to an expedited transition to drilling planned for fall 2025 [2][3][4]. Summary by Relevant Sections Discovery and Characteristics - The Rosa Zone is outlined over a minimum 700-metre strike with consistent high-grade gold results over 300 metres, featuring visible gold at more than 10 locations along the western part of the zone [3][6]. - Notable results include 29 grab and channel samples with grades above 1.0 g/t Au, including 14 samples exceeding 5.0 g/t Au, with the highest grade reaching 42.0 g/t Au [6]. Geological Context - The zone is situated in the Archean greenstone belt of the La Grande Subprovince, close to the tectono-metamorphic boundary with the Opinaca Subprovince, and is characterized by a shear-hosted quartz vein system [6][9]. - The geometry of the Rosa Zone indicates it is at least 5 to 10 metres thick, with a steep dip to the south and a preliminary definition of a second subparallel gold-bearing trend striking 250 metres south of Rosa [6][9]. Exploration and Development Plans - A follow-up program is scheduled prior to drilling, including mechanical stripping of trenches to further define the zone's geometry [7][8]. - Azimut has made three substantial field discoveries on the Wabamisk Property since regaining full control in 2024, with ongoing exploration programs for other targets in the vicinity, including the Fortin Zone and lithium potential in the Wabamisk East Property [4][8][14]. Company Overview - Azimut Exploration Inc. is recognized for its extensive mineral exploration portfolio in Québec, focusing on gold, copper, nickel, and lithium, and is known for its innovative approach to target generation and partnership development [13][16]. - The company maintains a strong balance sheet and rigorous financial discipline, with strategic investments from major shareholders including Agnico Eagle Mines Limited and Centerra Gold Inc. [17].
Totaligent Inc. Launches Advanced Automation for Faster, Smarter, Effortless Client Onboarding
Globenewswire· 2025-08-19 12:00
Core Insights - Totaligent, Inc. has announced a significant upgrade to its client onboarding experience, enhancing its position in marketing technology [1] - The company has successfully completed quality assurance testing for its core campaign products, which are now fully operational [1] Group 1: Automated Onboarding - Totaligent has introduced a nearly fully automated onboarding experience that reduces onboarding time by over 50%, allowing clients to activate faster [2] - Key features include automated domain detection, DNS and email record configuration, and guided manual instructions for seamless onboarding [9] Group 2: Product Development and Capabilities - The Email, SMS, and Push Notification modules have completed QA testing and are now operational, enabling advanced multi-channel campaigns [3] - The engineering team has implemented a disciplined bi-weekly sprint development process, facilitating rapid feature development while maintaining performance standards [4] Group 3: Leadership Insights - The President of Totaligent, Nicolas Caridi, highlighted the progress made in modernizing the platform, resolving critical delivery issues, and enhancing user experience [5] - The structured sprint cycle has improved the speed and clarity of product updates, reflecting a commitment to reliability and innovation [5] Group 4: Company Overview - Totaligent, Inc. is an AI-powered digital marketing platform that focuses on audience targeting, engagement, and conversion through advanced technologies [7] - The platform integrates various marketing channels, including Email, SMS, Social Media, and Programmatic Advertising, into a single automated ecosystem [7]
Jiayin Group Inc. to Release Second Quarter 2025 Unaudited Financial Results on Wednesday, August 20, 2025
Globenewswire· 2025-08-12 10:00
Core Viewpoint - Jiayin Group Inc. will release its unaudited financial results for the second quarter of 2025 on August 20, 2025, before the U.S. market opens [1] Group 1: Financial Results Announcement - The financial results will be discussed in a conference call scheduled for August 20, 2025, at 8:00 AM U.S. Eastern Time [1][2] - A live and archived webcast of the conference call will be available on the company's investor relations website [3] Group 2: Company Overview - Jiayin Group Inc. is a leading fintech platform in China, established in 2011, focusing on connecting underserved individual borrowers with financial institutions [4] - The company utilizes advanced big data analytics and sophisticated algorithms for risk assessment, ensuring effective and secure connections [4]
iQIYI to Report Second Quarter 2025 Financial Results on August 20, 2025
Globenewswire· 2025-07-22 09:00
Core Viewpoint - iQIYI, Inc. will report its financial results for the second quarter of 2025 on August 20, 2025, before the U.S. market opens [1] Group 1: Financial Reporting - The earnings conference call is scheduled for 7:00 AM U.S. Eastern Time on August 20, 2025 [1] - Participants must register in advance to receive dial-in numbers, passcode, and unique access PIN [2][3] Group 2: Company Overview - iQIYI, Inc. is a leading provider of online entertainment video services in China, combining creative talent with technology for continuous innovation [5] - The company produces, aggregates, and distributes a wide variety of professionally produced content and other video content in various formats [5] - iQIYI utilizes advanced AI, big data analytics, and proprietary technologies to distinguish itself in the online entertainment industry [5] - The company has developed a diversified monetization model that includes membership services, online advertising, content distribution, online games, IP licensing, talent agency, and online literature [5]
AIFU Announces $31.6 Million Non-Brokered Private Placement
GlobeNewswire News Room· 2025-07-07 11:30
Core Viewpoint - AIFU Inc. has entered into a definitive share purchase agreement to issue 10 million Class A ordinary shares at a price of $3.156 per share, along with warrants for an additional 20 million shares, aiming to raise approximately $31.6 million in gross proceeds [1][3]. Group 1: Share Issuance Details - The share issuance will result in a total of 15,870,271 ordinary shares outstanding, including 13,370,271 Class A and 2,500,000 Class B shares [2]. - The two largest investors in this transaction are expected to hold approximately 24.6% and 19.5% of the total outstanding shares, translating to 1.5% and 1.2% of the total voting power, respectively [2]. Group 2: Use of Proceeds - The net proceeds from the share issuance will be utilized to support the execution of the company's business plans, general working capital, and other corporate purposes as determined by the board of directors [3]. Group 3: Company Overview - AIFU Inc. is a leading AI-driven independent financial services platform in China, founded in 1998, and has developed a comprehensive ecosystem connecting various financial institutions and service providers [6]. - The company leverages AI and big data analytics to enhance operational efficiency and provide personalized services, including automated underwriting and claims processing [8].