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EDM Resources launches gold exploration program at Scotia Mine
Proactiveinvestors NA· 2026-02-24 13:39
Company Overview - Proactive provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The news team operates from key finance and investing hubs including London, New York, Toronto, Vancouver, Sydney, and Perth [2] Market Focus - Proactive specializes in medium and small-cap markets while also covering blue-chip companies, commodities, and broader investment stories [3] - The content includes insights across various sectors such as biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto, and emerging digital and EV technologies [3] Technology Adoption - Proactive is committed to adopting technology to enhance workflows and improve content delivery [4] - The company utilizes automation and software tools, including generative AI, while ensuring all content is edited and authored by humans [5]
AI Energy Demand Showcases Need For Critical Materials
Etftrends· 2026-02-24 13:11
Core Insights - The article emphasizes the growing demand for critical materials driven by the persistent adoption of AI technology across various sectors, highlighting the need for metals like copper, lithium, and uranium to support energy infrastructure and storage [1] Group 1: AI and Energy Demand - Increased AI usage and research will lead to a surge in energy demand, necessitating investments in critical materials [1] - Investing in metals is not only a hedge against inflation but also a strategic move to capitalize on the momentum in the energy and AI sectors [1] Group 2: Sprott Critical Materials ETF (SETM) - SETM provides diversified access to various metals essential for clean energy, including copper, lithium, nickel, cobalt, silver, uranium, and rare earth elements [1] - The fund has shown strong performance, with a year-to-date NAV increase of 22.73% as of January 31, 2026, reflecting its effective strategy in critical materials exposure [1]
MindBio Appoints National Drug Policy & Mining Industry Expert to Lead South American Mining Industry Commercialisation
Thenewswire· 2026-02-24 13:05
Core Insights - MindBio Therapeutics Corp. has appointed Felipe Leyton to lead the commercialization of its AI-powered voice analytics technology in the South American mining sector, marking a significant transition from development to commercial deployment [1][2][10] Company Overview - MindBio is a biotechnology company focused on commercializing AI prediction technologies for drug and alcohol impairment detection through voice analysis, utilizing over 50 million data points for accurate predictions [13] Appointment of Felipe Leyton - Felipe Leyton is recognized as a leading authority in drug and alcohol public policy and mining industry safety in South America, having previously implemented Chile's Zero Tolerance framework for alcohol-impaired driving [3][9] - Leyton's role will involve developing mining-specific testing protocols, expanding clinical validation, and overseeing the phased deployment of MindBio's technology in active mining environments [7][4] Technology and Market Opportunity - MindBio's Edge AI hardware-software kiosk system is nearing completion, with field testing scheduled to begin in Q2 2026, representing a major commercial milestone [8] - Substance use is a significant occupational safety risk in heavy industry, with estimates indicating that 20-25% of occupational accidents are linked to substance use globally [9] - In Chile, alcohol consumption among mining workers exceeds 75%, with approximately 40% classified as problem drinkers and 9% reporting drug use, highlighting a substantial market opportunity for real-time impairment detection technologies [11][9]
Appia Reports Diamond Drilling on ULTRA HARD ROCK Carbonatite Target Intercepts 300m at 2.55% Total Rare Earth Oxide from Surface Including 1.7m at 14.27% TREO in Goias, Brazil
TMX Newsfile· 2026-02-24 13:00
Core Viewpoint - Appia Rare Earths & Uranium Corp. announces significant preliminary assay results from a 26-hole diamond drilling program at the Ultra Hard Rock carbonatite target, indicating high-grade Total Rare Earth Oxide (TREO) and Magnet Rare Earth Oxide (MREO) intervals [1][5]. Drilling Program Details - The drilling program totaled 7,347.1 meters across 26 holes, with results from 13 holes received to date and additional results pending [1][2]. - The Ultra Hard Rock and Ultra IAC Projects cover a total area of 42,932.24 hectares in Goiás, Brazil, where Appia holds a 25% interest [1][14]. Assay Results - Notable assay results include: - Hole UNA-DDH-015: 300 meters with an average TREO of 2.55%, including a high-grade interval of 1.7 meters grading 14.27% TREO [3][5]. - Other holes also reported significant TREO and MREO values, with some intervals exceeding 4% TREO [5]. - The presence of uranium and thorium is low, averaging 7.46 ppm and 66.48 ppm, respectively, indicating a focus on rare earth elements [8]. Project Characteristics - The Ultra IAC and Hard Rock Projects feature two distinct mineralization styles: Ionic Adsorption Clay REE mineralization and high-grade REE mineralization associated with carbonatite intrusions [4]. - Drilling on the ULTRA IAC Target is ongoing, with plans for a total of 952 Reverse Circulation (RC) holes, and initial assay results expected soon [4]. Future Exploration and Development - The results from the current drilling program are expected to support the development of a future mineral resource estimate, with ongoing exploration drilling to further define the mineralized intrusion [7]. - The company remains optimistic about the scale and mineralization potential of the carbonatite system [7].
Rio Silver Inc. Invites Investors to Meet Management at PDAC 2026, the World's Premier Mining Convention
Globenewswire· 2026-02-24 12:30
VANCOUVER, British Columbia, Feb. 24, 2026 (GLOBE NEWSWIRE) -- Rio Silver Inc. (“Rio Silver” or the “Company”) (TSX-V: RYO | OTC: RYOOF) is pleased to invite current and prospective investors to meet with management at the Prospectors & Developers Association of Canada (PDAC) Convention 2026, the foremost global mining and mineral exploration conference. The PDAC Convention 2026 will be held at the Metro Toronto Convention Centre, South Building, located at 222 Bremner Blvd, Toronto, Ontario. Rio Silver wil ...
ESGold Engages AXINO Capital for European Market Awareness
TMX Newsfile· 2026-02-24 12:30
Core Viewpoint - ESGold Corp. has engaged AXINO Capital GmbH to enhance its marketing efforts in Europe, aiming to increase investor awareness and visibility within the German-speaking financial communities [1][2]. Group 1: Engagement Details - The engagement with AXINO Capital is for an initial term of twelve months, starting from March 1, 2026, and is compliant with applicable exchange policies and regulatory requirements [3]. - AXINO Capital is an independent marketing firm based in Esslingen, Germany, known for its resource-sector investor network and media reach [2][5]. Group 2: Company Overview - ESGold Corp. is a fully permitted, pre-production mining company focused on a scalable clean mining model across North and South America [6]. - The company's flagship project, the Montauban Gold-Silver Project in Quebec, is under construction with production expected in 2026 [4][6]. - ESGold is pursuing a dual-track strategy that emphasizes both near-term cash flow and long-term exploration potential [4][6].
FTSE 100 Live: Banks lead fallers amidst AI fears, Blue Owl spillover, US tariffs begin
Yahoo Finance· 2026-02-24 11:33
Group 1: Market Reactions to AI Concerns - A renewed sell-off in stocks perceived to be at risk from AI disruption has occurred, particularly affecting software and data companies like Workday, Adobe, and Oracle [1] - The FTSE 100 index has seen a decline, with banks and miners contributing to the drop, as anxiety around AI threats influences market sentiment [13][26] - The AI fear trade has extended to various sectors, including delivery and payment stocks, with significant declines in companies like American Express, Mastercard, and Visa [27][28] Group 2: Company-Specific Updates - Oxford BioMedica shares fell 9% despite a robust trading update, as investors awaited news on a potential takeover from EQT [6] - Unite shares dropped over 9% after reporting earnings at the lower end of guidance for 2025, alongside a softer outlook for 2026 [7] - Croda International reported profits at the top end of guidance, with sales for 2025 rising 4.4% to £1.7 billion, and adjusted operating profit increasing 7.9% to £295.3 million [19] Group 3: Economic and Sectoral Implications - A Citrini Research memo outlined a hypothetical scenario where rapid AI disruption could lead to mass unemployment, potentially undermining consumer demand and investment incentives [28][29] - The market is entering a phase where extreme scenarios generate outsized reactions, particularly concerning capital flows within the software-financing ecosystem [29] - Concerns about liquidity mismatches in private credit markets, particularly related to software-backed loans, have emerged, indicating potential vulnerabilities in the financial system [22][24]
Orecap to Participate in PDAC 2026 and Ore Day VIP Investor Lunch
TMX Newsfile· 2026-02-24 11:00
Toronto, Ontario--(Newsfile Corp. - February 24, 2026) - Orecap Invest Corp. (TSXV: OCI) (OTCQB: ORFDF) ("Orecap" or the "Company") is pleased to announce that it will be exhibiting at the Prospector's and Developers International Convention (PDAC) being held March 1st - 4th, 2026 at the Metro Toronto Convention Centre (MTCC) in Toronto, Canada. The Company will also participate in Ore Day 2026, a private investor event hosted by Ore Group on February 28th in Toronto.Ore Day 2026Orecap will participate in ...
Drilling Underway at Geiger's Hook Project in the Athabasca
TMX Newsfile· 2026-02-24 11:00
Core Viewpoint - Geiger Energy Corp. has commenced drilling at its 100% owned Hook Project in Saskatchewan, with a focus on expanding the ACKIO discovery and exploring additional targets in the area [1][2]. Project Overview - The drilling program will involve approximately 3,000 metres across 8-15 drill holes, depending on results, targeting areas ACKIO and TT [4][12]. - The 2026 program aims to identify additional discoveries to enhance the mineralization potential of the Hook Project [4]. Target Areas - The ACKIO area will be tested to expand known high-grade lenses and explore approximately 500 metres along the trend for potential new deposit zones [13]. - The TT area, located about 5.5 km southwest of ACKIO, will be tested below historical clay alteration zones, with three to five drill holes planned [13]. - Other prospective areas for testing include NES, Westside, and TAB, based on favorable magnetic and gravity anomalies [13]. Company Background - Geiger Energy controls approximately 390,000 hectares in Saskatchewan's Athabasca Basin and 95,519 hectares in Nunavut's Thelon Basin, focusing on high-grade uranium deposits [5]. - The company's flagship asset, the Aberdeen Project, features high-grade discoveries and numerous high-priority targets, many of which remain untested [6][7]. ACKIO Discovery Details - The ACKIO prospect extends over 375 metres along strike and 150 metres in width, with at least nine distinct uranium pods starting at 28 metres depth and continuing to approximately 300 metres [8]. - The Hook Project also contains large clay-alteration systems with elevated radioactivity, indicating further discovery potential beyond the ACKIO area [8].
Myriad Uranium Corp. Announces Participation in Red Cloud's Pre-PDAC Mining Showcase
TMX Newsfile· 2026-02-24 10:00
Core Viewpoint - Myriad Uranium Corp. will present at Red Cloud's Pre-PDAC Mining Showcase, highlighting its strategy and recent developments in uranium exploration [1][2]. Company Overview - Myriad Uranium Corp. is a uranium exploration company with a 75% interest in the Copper Mountain Uranium Project in Wyoming, USA, which has known uranium deposits and historic mines, including the Arrowhead Mine that produced 500,000 lbs U3O8 [4]. - The Copper Mountain project has seen extensive drilling, with approximately 2,000 boreholes drilled, and has significant exploration potential, supported by an estimated C$117 million (2024 dollars) spent by Union Pacific on exploration and development [4]. - The company also holds a 100% interest in the Red Basin Uranium Project in New Mexico, which features near-surface mineralization and significant upside potential [4].