Condor Resources Inc. (TSX-V:CN, OTC:CNRIF) earlier this week announced it has signed a Letter of Intent to sell its Soledad project. The company said the sale will bring $3 million dollars over a three-year period. It confirmed that the agreement includes an upfront payment which will support drilling activities at Huiñac Punta. CEO Chris Buncic highlighted that Soledad hosts almost 2% copper equivalent in lens-type formations and breccia pipes. Proactive: The company came out with some news that you have ...

Core Viewpoint - Robex Resources Inc is progressing towards its first gold production at the Kiniero Gold Project in Guinea, with positive results from the Mansounia grade control drilling program indicating strong gold grades and mineral continuity [1][3][4]. Group 1: Drilling Results - Significant intercepts from the grade control drilling include: - 19m at 2.10g/t Au from 23m in hole MGC25-10036 - 18m at 2.49g/t Au from 14m in hole MGC25-10213 - 11m at 3.35g/t Au from 11m in hole MGC25-10464 - 7m at 9.24g/t Au from 4m in hole MGC25-20165 - 11m at 3.03g/t Au from 35m in hole MGC25-10102 [3][4][5]. - The ongoing drilling program has completed 61,700 meters, with further assays expected [6][7]. Group 2: Project Development - The pre-production grade control drilling program at Mansounia is designed to infill resource estimation drilling ahead of mining, with a total of 1,605 inclined drill holes planned for 66,000m [4][5]. - The drilling targets areas within the proposed open pit design, focusing on zones identified for early-stage mining [5][6]. Group 3: Financial Developments - On July 9, 2025, Robex secured an amendment to its US$130 million Facility Agreement with Sprott, releasing US$25 million from the Cash Sweep Account to fund construction of the Kiniero project [6][19]. - This financial development is viewed positively for the company's operations in Guinea [6][19].

TORONTO, July 09, 2025 (GLOBE NEWSWIRE) -- Blue Moon Metals Inc. (“Blue Moon” or the “Company”) (TSXV: MOON; OTCQB: BMOOF), is pleased to announce the receipt of environmental permits for its planned activities from the Norwegian Environmental Agency and the awarding of a contract to Fauskebygg AS (“Fauskebygg”) for the extension of its Rupsi tunnel at Nye Sulitjelma Gruver AS (“NSG”). The extension will facilitate more efficient and effective exploration drilling of the Rupsi/Dypet deposits (the “Rupsi Dep ...

原油市场认知差：OPEC+增产≠真实供应 油价无视供应端利空，底气如何？炼油需求正冲历史峰值，美国页岩油钻井数暴跌，贸易乐观情绪提振 维持多久？油价将现"夏季闪电战"，注意多头反攻开启短暂时间窗口>> 相关链接 ...

Company Overview - Precision Drilling Corporation is a leading provider of safe and environmentally responsible services to the energy industry, offering access to an extensive fleet of Super Series drilling rigs [4] - The company has commercialized an industry-leading digital technology portfolio known as Alpha™, which utilizes advanced automation software and analytics to deliver efficient, predictable, and repeatable results for energy customers [4] - Precision also provides well service rigs, camps, and rental equipment, supported by a comprehensive mix of technical support services and skilled personnel [4] Upcoming Financial Results - Precision intends to release its 2025 second quarter results after the market closes on Tuesday, July 29, 2025 [1] - A conference call is scheduled for 11:00 a.m. MT (1:00 p.m. ET) on Wednesday, July 30, 2025, to discuss the results [1] - Participants can register for the conference call to receive a dial-in number and unique PIN for questions [1] Webcast and Replay - The conference call will also be webcast, and a replay will be available on Precision's website for 12 months [2]

Trump says “drill, baby, drill” — but Houston’s oil offices are emptying. https://t.co/Urccw90L2b ...

President Donald Trump has revived his familiar "drill, baby, drill" rhetoric, urging the Energy Department to facilitate greater U.S. oil production. Notably, his call comes as oil prices remain on edge, with further increases possible amid ongoing geopolitical tensions in the Middle East. While the Department of Energy cannot directly order companies to produce more oil, investors are likely to turn their attention to domestic producers, which could benefit if political support for expanded drilling grows ...

The Zacks Oil and Gas - Drilling industry is feeling the squeeze as shifting market dynamics challenge even the most seasoned players. Despite their vital role in energy development, the industry faces headwinds from contracting delays, soft gas prices, and broader macro uncertainty. The group's Zacks Industry Rank sits near the bottom, reflecting shrinking earnings estimates and lagging stock performance. Offshore drillers face risks from premature rig reactivation, while land-based operators remain expose ...

Core Viewpoint - Gladiator Metals Corp. has reported significant assay results from its drilling programs at Cowley Park, indicating the presence of high-grade copper and molybdenum mineralization, with ongoing drilling aimed at resource definition and exploration potential [1][7][18]. Drilling Results - The recently completed Phase 1 drilling campaign included 23 diamond drill holes totaling 4,377 meters, while the ongoing Phase 2 program has 8 holes drilled for 1,443.23 meters [9][25]. - Notable results from drill hole CPG-078 include 58.7 meters at 1.94% Cu from 102.3 meters, with high-grade intervals such as 11.1 meters at 6.00% Cu [5][10]. - Drill hole CPG-077 returned 24.8 meters at 0.77% Cu from 30 meters, including 16.8 meters at 1.03% Cu [14][15]. Mineralization Continuity - Mineralization remains open along strike and at depth, with significant intercepts confirming continuity of high-grade copper and molybdenum mineralization over more than 250 meters of strike and 200 meters down dip [3][11]. - Ongoing drilling is focused on further step-out holes and testing the vertical extents of mineralization below current depths [7][12]. Exploration Strategy - The company plans a total of 29,000 meters of drilling targeting high-grade copper skarns throughout the Whitehorse Copper Belt by the end of Q4 2025 [16]. - The exploration strategy includes advancing Cowley Park to resource definition and exploring regional targets such as Arctic Chief and Best Chance [21][25]. Project Background - The Whitehorse Copper Project is an advanced-stage exploration project located in the Yukon Territory, known for its high-grade copper, molybdenum, silver, and gold skarn mineralization [18][19]. - Historical production from the area includes significant copper and gold output, with the project accessible via established infrastructure [19][22].

Core Viewpoint - Transocean Ltd. (RIG) is a prominent player in offshore drilling, known for its mobile rigs that explore oil and gas beneath the ocean floor, with a strong reputation in complex drilling jobs, particularly in deepwater and remote locations [1][2] Group 1: Company Strengths - Transocean has a robust backlog of $7.9 billion, providing significant revenue visibility and insulating the company from short-term market volatility [7][9] - The offshore drilling sector is recovering, with deepwater investments projected to increase by 40% by 2030, positioning Transocean to benefit from this trend [10] - Management expects $100 million in cost savings in both 2025 and 2026, highlighting operational efficiency with a revenue efficiency of 95.5% in Q1 2025 [11] - The company ended Q1 2025 with $1.3 billion in liquidity and has demonstrated a commitment to deleveraging by repaying $210 million in debt during the quarter [12] - Transocean operates globally, with upcoming opportunities in Brazil, West Africa, and Norway, showcasing geographic diversification [13] Group 2: Company Challenges - Transocean reported a net loss of $79 million in Q1 2025, raising concerns about profitability amid higher operating costs [14] - The company carries a significant long-term debt of $5.9 billion, with $712 million due within a year, which poses a risk if market conditions worsen [15] - Management acknowledged macroeconomic and commodity price risks, including trade tensions and OPEC volatility, which could impact drilling demand [16] - The company has idle rigs that incur sustaining costs, and if demand weakens, these assets could become liabilities [17] - Competitive pressure on day rates for high-spec rigs may limit Transocean's near-term contract wins, as competitors secure contracts at potentially lower rates [18] Group 3: Investment Outlook - Despite the positives such as a solid backlog and growing demand for deepwater drilling, persistent net losses and a heavy debt burden warrant caution for investors [19][20]