Rio Tinto Group RIO reported iron ore shipments from Pilbara (on a 100% basis) of 85.3 million tons (Mt) for the second quarter of 2025, which increased 7% year over year. On a sequential basis, shipments rose 18%. Total iron ore production from Pilbara for the quarter was 83.5 Mt, in line with the year-ago quarter. This marked the highest first-half iron ore production at Pilbara since 2018.Bauxite production dipped 3% year over year to 15.2 Mt in the second quarter. However, the figure marked a 14% increase from first-quarter 2026. Rio Tinto’s aluminum output was steady year over year at 840 thousand tons. Alumina production increased 10% to 2 Mt.

In the second quarter, mined copper production was 213 thousand tons, 7% lower than the year-ago quarter. Production at Kennecott was 49% lower year over year due to lower cathode production. Copper production at Escondida decreased 13% year over year due to expected lower ore grades from the mine sequence.

Oyu Tolgoi’s production rose 12% year over year to 97 thousand tons, driven by the ramp-up of underground operations, and a higher combined grade from the open pit and underground.

Titanium dioxide slag production declined 15% from the year-ago quarter, led by weak market conditions.

Rio Tinto’s Production Guidance for 2026

RIO expects Pilbara iron ore shipments (100% basis) at the lower end of 323-338 Mt.

The company retains its Bauxite’s guidance at 58-61 Mt. Alumina production is anticipated between 7.6 and 8 Mt, while aluminum production is expected to be 3.25-3.45 Mt for 2026. The copper output guidance remains unchanged at 800-870 kt.

RIO Share Price Performance

In a year, shares of the company have gained 64.2% compared with the industry’s 38.7% growth.

Image Source: Zacks Investment Research

Rio Tinto’s Peer Performances

BHP Group Limited BHP announced that its iron ore production dipped 3% year over year to 68.1 Mt in the fourth quarter of fiscal 2026 (ended June 30, 2026). However, the production increased 8% from the third quarter’s reported figure and 1% year over year, bringing the company’s total iron ore production for fiscal 2026 to a record 264.7 Mt. It came within its fiscal 2026 iron ore production guidance at 258-269 Mt.BHP Group’s copper output declined 5% year over year to 491.9 kt in the fourth quarter but increased 3% sequentially. The company’s fiscal 2026 copper output fell 3% year over year to 1,952.8 kt. BHP Group’s guidance for copper production for fiscal 2026 was 1,900-2,000 kt.

RIO’s Zacks Rank & Stocks to Consider

Rio Tinto currently carries a Zacks Rank #3 (Hold).  Some better-ranked stocks from the basic materials space are Carpenter Technology Corporation CRS and Albemarle Corporation ALB. CRS sports a Zacks Rank #1 (Strong Buy) at present and ALB carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

Carpenter Technology has an average trailing four-quarter earnings surprise of 8.9%. The Zacks Consensus Estimate for Carpenter Technology’s 2026 earnings is pegged at $10.57 per share, indicating 41.3% year-over-year growth. Its shares have surged 101% in a year.

Albemarle has an average trailing four-quarter earnings surprise of 74.5%. The Zacks Consensus Estimate for the company’s 2026 earnings is pegged at $12.45 per share, indicating year-over-year growth from a loss of 79 cents. ALB shares have surged 66% so far this year. 

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BHP Group Limited BHP announced that its iron ore production dipped 3% year over year to 68.1 Mt in the fourth quarter of fiscal 2026 (ended June 30, 2026). However, the production increased 8% from the third quarter’s reported figure and 1% year over year, bringing the company’s total iron ore production for fiscal 2026 to a record 264.7 Mt. It came within its iron ore production guidance of 258-269 Mt for fiscal 2026.  The upside was driven by record production at Western Australia Iron Ore (“WAIO”) as a result of the strong operational performance. WAIO’s iron ore production was 256.9 Mt for fiscal 2026 (291.2 Mt on a 100% basis). This reflects solid supply-chain performance, along with a strong performance at South Flank. WAIO's production is expected between 253 Mt and 264 Mt (286 Mt and 298 Mt on a 100% basis) for fiscal 2027.

BHP’s FY26 Copper Output Within Guidance

The company’s opper output declined 5% year over year to 491.9 kt in the fourth quarter 2026 but increased 3% sequentially. BHP’s fiscal 2026 copper output fell 3% year over year to 1,952.8 kt. BHP’s guidance for copper production for fiscal 2026 was within 1,900-2,000 kt. Copper production at Escondida fell 3% year over year to 1,261.2 kt due to planned lower concentrator feed grade. This was partially offset by continued solid operational performance and productivity. Copper output at Pampa Norte was down 21% year over year to 212.6 kt in fiscal 2026. Production at Spence fell due to ongoing challenges with processing complex ore. Production was also impacted by Cerro Colorado remaining in care and maintenance throughout the year.Production from Copper South Australia was 320.7 kt, which marked a 2% rise from the prior fiscal quarter, aided by a strong operational performance. Antamina’s copper production rose 27% to record 151.5 kt in fiscal 2026 as a result of higher feed grades and improved operational performance.The company expects copper production of 1,650-1,800 kt for fiscal 2027.

BHP Group’s Energy & Steelmaking Coal Output Rises Y/Y

Energy coal production rose 3% year over year to 4.2 Mt in the fiscal fourth quarter, bringing the year’s total to 16.4 Mt. The fiscal 2026 energy coal production marked a 9% year-over-year increase. It came slightly above its production guidance of 14-16 Mt for fiscal 2026.  Steelmaking coal production was 5.7 Mt, which increased 10% from the year-ago quarter. The fiscal 2026 production was up 3% year over year to 18.6 Mt. It came within its guidance of 18-20 Mt for fiscal 2026.  

The production guidance for steelmaking coal is 18.5-20.5 Mt, while the energy coal guidance is 14-16 Mt for fiscal 2027.

BHP Sees Y/Y Growth in Average Prices

In the fiscal fourth quarter, average realized prices for iron ore were up 5% year over year to $83.58 per ton. Copper prices increased 47% year over year to $6.53 per pound. In fiscal 2024, average realized prices for iron ore grew 3% year over year to $84.56 per ton. Copper prices were up 35% to $5.74 per pound.

BHP Group’s Peer Performances

Rio Tinto Group RIO reported iron ore shipments from Pilbara (on a 100% basis) of 85.3 Mt for the second quarter of 2025, which increased 7% year over year. On a sequential basis, shipments rose 18%. Total iron ore production from Pilbara for the quarter was 83.5 Mt, in line with the year-ago quarter. This marked the highest first-half iron ore production at Pilbara since 2018.In the second quarter, Rio Tinto’s mined copper production was 213 thousand tons, 7% lower than the year-ago quarter. Production at Kennecott was 49% lower year over year due to lower cathode production. Copper production at Escondida decreased 13% year over year due to expected lower ore grades from the mine sequence.

BHP’s Price Performance

The company’s shares have surged 72.4% in a year compared with the industry’s 38.7% growth.

Image Source: Zacks Investment Research

BHP Group’s Zacks Rank & Stocks to Consider

BHP currently carries a Zacks Rank #3 (Hold).

Some better-ranked stocks from the basic materials space are Carpenter Technology Corporation CRS and Albemarle Corporation ALB. CRS sports a Zacks Rank #1 (Strong Buy) at present and ALB carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

Carpenter Technology has an average trailing four-quarter earnings surprise of 8.9%. The Zacks Consensus Estimate for Carpenter Technology’s 2026 earnings is pegged at $10.57 per share, indicating 41.3% year-over-year growth. Its shares have surged 101% in a year.

Albemarle has an average trailing four-quarter earnings surprise of 74.5%. The Zacks Consensus Estimate for the company’s 2026 earnings is pegged at $12.45 per share, indicating year-over-year growth from a loss of 79 cents. ALB shares have skyrocketed 66% so far this year. 

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BHP has approved a $900 million (100% basis) investment to develop the Ministers North iron ore project in Western Australia's Pilbara, reinforcing its strategy to sustain long-term production from its flagship iron ore operations.

The project will develop the high-grade Brockman ore deposit as a satellite extension of the company's long-running Yandi mine, leveraging existing infrastructure to reduce development costs and improve operational efficiency. Once fully ramped up, Ministers North is expected to produce 20 million tonnes per annum, helping support BHP's medium-term iron ore production target of 305 million tonnes per year on a 100% basis.

Construction activities are scheduled to begin this month, with first ore targeted in fiscal 2029.

Development plans include a 13-kilometre haul road and land bridge linking Yandi and Ministers North, alongside upgrades to existing infrastructure and the installation of new primary and secondary crushers at Yandi.

BHP Western Australia Iron Ore Asset President Tim Day said the investment would extend the life of the company's Pilbara operations by utilizing established infrastructure, workforce expertise, and operational capabilities as the Yandi mine matures.

Ministers North is owned by a joint venture comprising BHP (85%), Itochu Corporation (8%) and Mitsui & Co. (7%), highlighting the partners' continued commitment to maintaining production capacity in one of the world's largest iron ore mining regions.

The approval comes as major Pilbara producers continue investing in replacement mines to offset the natural depletion of existing operations while preserving export volumes. Leveraging existing processing facilities and transport infrastructure has become a common strategy among Australian iron ore miners to lower capital costs and sustain long-term output.

By Charles Kennedy for Oilprice.com

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VANCOUVER, British Columbia, July 02, 2026 (GLOBE NEWSWIRE) — GoldHaven Resources Corp. ("GoldHaven" or the "Company") (CSE: GOH) (OTCQB: GHVNF) (FSE: 4QS) is pleased to announce that it has executed a drilling services agreement with Northtech Drilling Ltd. ("Northtech") to conduct the Company's fully funded inaugural diamond drill program at its 100%-owned Magno Project, located in the prolific Cassiar District of northern British Columbia.

Highlights:

• GoldHaven engages Northtech Drilling Ltd. for its inaugural drill program at the Magno Project.
• Initial 5,000–7,000 metre diamond drill program planned, subject to final permitting.
• Program to test historical tungsten mineralization and high-priority targets generated from the recently completed airborne QMAGT survey.
• Northtech has completed over 600,000 metres of drilling with more than 300 years of combined crew experience.
• Northtech has successfully drilled for major and junior mining companies, including De Beers, Anglo American, BHP and MMG Resources.

The upcoming drill program is expected to commence upon receipt of final exploration permits and will initially comprise approximately 5,000 to 7,000 metres of diamond drilling, with a minimum commitment of 3,000 metres, targeting the Company's priority tungsten, silver, zinc, lead, copper and indium mineralization. The agreement contemplates mobilization around August 1, 2026, subject to permitting and mutually agreed scheduling.

The drill program has been designed to verify and expand historical tungsten mineralization at the Kuhn Zone while testing additional high-priority targets generated through the recently completed district-scale airborne QMAGT geophysical survey, which covered more than 2,300-line kilometres across the Company's expanded Magno Project.

Experienced Northern Drilling Contractor

Northtech Drilling is a northern Canadian drilling contractor with more than two decades of operational experience and has completed over 600,000 metres of diamond drilling across Canada. The company brings over 300 years of combined crew experience and has successfully completed exploration programs for numerous major and junior mining companies, including De Beers, Anglo American, BHP, Kennady Diamonds, Yukon Zinc, NorZinc, MMG Resources, North Arrow Minerals, Blue Star Gold and others.

Rob Birmingham, President & CEO of GoldHaven, commented:

"Securing Northtech is another important milestone as we continue preparing for our inaugural drill campaign at Magno. Their extensive experience operating in northern Canada, combined with a proven track record on technically challenging exploration projects, makes them an excellent partner as we begin testing what we believe is one of the most compelling critical minerals exploration opportunities in the Cassiar District.”

”With financing complete, our district-scale airborne survey now finished, and a drilling contractor in place, we are entering the final stages of preparation ahead of drilling. We look forward to mobilizing as soon as permits are received."

2026 Drill Program

The inaugural drill campaign is expected to focus on several priority target areas across the Magno Project, including:

• Verification and expansion of the historical Kuhn tungsten skarn mineralization;
• Testing interpreted extensions of known tungsten-bearing skarn horizons;
• Initial drill testing of targets generated from the recently completed airborne QMAGT magnetic survey;
• Evaluation of additional silver-lead-zinc CRD and intrusion-related targets identified across the district-scale land package.

The Company believes the combination of historical drilling, high-grade surface sampling, extensive airborne geophysics and geological modelling provides a strong foundation for the upcoming exploration program.

Qualified Person:

The technical and scientific information contained in this news release has been reviewed and approved by Raymond Wladichuk P.Geo. who is a non-independent Qualified Person as defined under NI 43-101 and a consultant of the Company.

Equity Incentive Grant:

The Company has granted 750,000 Restricted Share Units ("RSUs") to an officer of the Company pursuant to its Omnibus Equity Incentive Plan (the “Plan”). The RSUs shall vest in equal monthly installments over a period of thirty-six (36) months, subject to the terms of the Plan and the continued service of the recipient.

Marketing:

The Company also announces that it has entered into a marketing services agreement with X Media Inc. SEZC ("X Media") effective July 1, 2026, pursuant to which X Media will provide digital marketing, investor awareness and public relations services for a six-month term. Services may include editorial placements, public relations distribution, influencer and investor network distribution, digital advertising campaigns, investor-focused landing pages, email capture and database growth systems, retargeting, and related marketing activities.

The Company has agreed to pay X Media a total of US$500,000 for the six-month campaign. Melissa Destarac, CEO of X Media, will oversee the services provided to the Company.

X Media and its principals are arm's length to the Company and, to the knowledge of the Company, neither X Media nor its principals own any securities of the Company. X Media is headquartered in George Town, Grand Cayman, Cayman Islands.

About GoldHaven Resources Corp.

GoldHaven Resources Corp. is a Canadian junior exploration company focused on advancing highly prospective mineral projects in North and South America. The Company’s flagship asset is the district-scale Magno Project in the Cassiar District of northern British Columbia. GoldHaven also owns the Three Guardsmen copper-gold project in British Columbia and the Copeçal Gold Project in Mato Grosso, Brazil. In addition, the Company holds a portfolio of critical mineral projects in Brazil.

On Behalf of the Board of Directors

Rob Birmingham, Chief Executive Officer

For further information, please contact: Rob Birmingham, CEOwww.GoldHavenresources.cominfo@goldhavenresources.comOffice Direct: (604) 629-8254

Neither the CSE nor its Regulation Services Provider (as that term is defined in the policies of the CSE- Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.

Cautionary Statements Regarding Forward Looking Information

This news release contains forward-looking statements and forward-looking information (collectively, "forward looking statements") within the meaning of applicable Canadian and U.S. securities legislation, including the United States Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact, included herein including, without limitation, those listed below under the heading “Forward-Looking Statements in This News Release” are forward-looking statements. Although the Company believes that such statements are reasonable, it can give no assurance that such expectations will prove to be correct. Forward-looking statements are typically identified by words such as: "believes", "will", "expects", "anticipates", "intends", "estimates", "plans", "may", "should", "potential", "scheduled", or variations of such words and phrases and similar expressions, which, by their nature, refer to future events or results that may, could, would, might or will occur or be taken or achieved. In making the forward-looking statements in this news release, the Company has applied several material assumptions, including without limitation, that there will be investor interest in future financings, market fundamentals will result in sustained precious metals demand and prices, the receipt of any necessary permits, licenses and regulatory approvals in connection with the future exploration and development of any future projects in a timely manner, the availability of financing on suitable terms for exploration and development of future projects and the Company's ability to comply with environmental, health and safety laws.

The Company cautions investors that any forward-looking statements by the Company are not guarantees of future results or performance, and that actual results may differ materially from those in forward-looking statements as a result of various factors, including, operating and technical difficulties in connection with mineral exploration and development activities, actual results of exploration activities, the estimation or realization of mineral reserves and mineral resources, the inability of the Company to obtain the necessary financing required to conduct its business and affairs, as currently contemplated, the inability of the Company to enter into definitive agreements in respect of possible Letters of Intent, the timing and amount of estimated future production, the costs of production, capital expenditures, the costs and timing of the development of new deposits, requirements for additional capital, future prices of precious metals, changes in general economic conditions, changes in the financial markets and in the demand and market price for commodities, lack of investor interest in future financings, accidents, labour disputes and other risks of the mining industry, delays in obtaining governmental approvals, permits or financing or in the completion of development or construction activities, changes in laws, regulations and policies affecting mining operations, title disputes, the inability of the Company to obtain any necessary permits, consents, approvals or authorizations, including by the Exchange, the timing and possible outcome of any pending litigation, environmental issues and liabilities, and risks related to joint venture operations, and other risks and uncertainties disclosed in the Company's latest interim Management's Discussion and Analysis and filed with certain securities commissions in Canada. All of the Company's Canadian public disclosure filings may be accessed via www.sedarplus.ca and readers are urged to review these materials.

Readers are cautioned not to place undue reliance on forward-looking statements. The Company undertakes no obligation to update any of the forward-looking statements in this news release or incorporated by reference herein, except as otherwise required by law.

Forward-Looking Statements in This News Release

The following statements in this news release constitute forward-looking information:

• the Company’s diamond drill program is expected to commence upon receipt of final exploration permits and to comprise approximately 5,000 to 7,000 metres, with a minimum commitment of 3,000 metres;
• mobilization of the drill program is expected to occur around August 1, 2026, subject to permitting and mutually agreed scheduling;
• the drill program is designed to verify and expand historical tungsten mineralization at the Kuhn Zone and to test additional high-priority targets identified through the Company’s airborne QMAGT survey;
• the inaugural drill campaign is expected to focus on verification of historical Kuhn tungsten skarn mineralization, testing of interpreted skarn extensions, initial testing of QMAGT-generated targets, and evaluation of additional silver-lead-zinc CRD and intrusion-related targets;
• the Company believes the combination of historical drilling, surface sampling, airborne geophysics and geological modelling provides a strong foundation for the upcoming exploration program;
• the 750,000 RSUs granted to an officer of the Company will vest in equal monthly installments over thirty-six months, subject to the recipient’s continued service;
• X Media will provide digital marketing, investor awareness and public relations services to the Company for a six-month term.

TORONTO, July 02, 2026 (GLOBE NEWSWIRE) — Wallbridge Mining Company Limited (TSX:WM, OTCQB:WLBMF) (“Wallbridge” or the “Company”) announces that it has temporarily evacuated the camp at its 100% owned Fenelon Gold project (“Fenelon”) and suspended all drilling and related exploration activities on its Detour-Fenelon Gold Trend Property following an evacuation order issued by SOPFEU (Société de protection des forêts contre le feu) and Quebec’s Ministère des Ressources naturelles et des Forêts due to increasing wildland fire danger in the area.

"The health and safety of our employees and contractors is our highest priority," said Brian Penny, CEO of Wallbridge. "Immediately upon receiving the evacuation order from SOPFEU late afternoon on July 1, we activated our emergency response procedures and safely evacuated all site personnel to Amos, Quebec. I thank the entire Fenelon project team for their professionalism, discipline, and exceptional response in carrying out a safe and orderly evacuation under rapidly evolving circumstances. The Company will continue to monitor conditions closely and will resume exploration activities when authorities determine it is safe to do so."

Information pertaining to the status of the forest fires in Quebec can be found here: https://www.sopfeu.qc.ca/en/current-situation/

About Wallbridge Mining

Wallbridge is focused on creating value through the exploration and sustainable development of gold projects in Quebec’s Abitibi region while respecting the environment and communities where it operates. The Company holds a contiguous mineral property position totaling 598 km2 that extends approximately 82 km along the Detour-Fenelon gold trend. The property is host to the Company’s flagship PEA stage Fenelon Gold Project, and its earlier exploration stage Martiniere Gold Project, as well as numerous greenfield gold projects.

For further information please visit the Company’s website at https://wallbridgemining.com/ or contact:

Brian Penny, CPA, CMAChief Executive OfficerEmail: bpenny@wallbridgemining.comM: +1 416 716 8346	Tania Barreto, CPIRDirector, Investor RelationsEmail: tbarreto@wallbridgemining.comM: +1 416 289 3012

Cautionary Note Regarding Forward-Looking Information

The information in this document may contain forward-looking statements or information (collectively, “FLI”) within the meaning of applicable Canadian securities legislation. FLI is based on expectations, estimates, projections and interpretations as at the date of this document.

All statements, other than statements of historical fact, included herein are FLI that involve various risks, assumptions, estimates and uncertainties. Generally, FLI can be identified by the use of statements that include, but are not limited to, words such as “seeks”, “believes”, “anticipates”, “plans”, “continues”, “budget”, “scheduled”, “estimates”, “expects”, “forecasts”, “intends”, “projects”, “predicts”, “proposes”, "potential", “targets” and variations of such words and phrases, or by statements that certain actions, events or results “may”, “will”, “could”, “would”, “should” or “might”, “be taken”, “occur” or “be achieved.”

FLI in this document may include, but is not limited to: statements regarding the return of personnel to the Fenelon site and the resumption of exploration activities.

FLI is designed to help you understand management’s current views of its near- and longer-term prospects, and it may not be appropriate for other purposes. FLI by their nature are based on assumptions and involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance, or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such FLI. Although the FLI contained in this document is based upon what management believes, or believed at the time, to be reasonable assumptions, the Company cannot assure shareholders and prospective purchasers of securities of the Company that actual results will be consistent with such FLI, as there may be other factors that cause results not to be as anticipated, estimated or intended, and neither the Company nor any other person assumes responsibility for the accuracy and completeness of any such FLI. Except as required by law, the Company does not undertake, and assumes no obligation, to update or revise any such FLI contained in this document to reflect new events or circumstances. Unless otherwise noted, this document has been prepared based on information available as of the date of this document. Accordingly, you should not place undue reliance on the FLI, or information contained herein.

Furthermore, should one or more of the risks, uncertainties or other factors materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in FLI.

Assumptions upon which FLI is based, without limitation, include: the results of exploration activities, the Company’s financial position and general economic conditions; the ability of exploration activities to accurately predict mineralization; the accuracy of geological modelling; the ability of the Company to complete further exploration activities; the legitimacy of title and property interests in the Company’s mineral projects; the accuracy of key assumptions, parameters or methods used to estimate MREs and PEAs; the ability of the Company to obtain required approvals; geological, mining and exploration technical problems; failure of equipment or processes to operate as anticipated; the evolution of the global economic climate; metal prices; foreign exchange rates; environmental expectations; community and non-governmental actions; and, the Company’s ability to secure required funding. Risks and uncertainties about Wallbridge's business are discussed in the disclosure materials filed with the securities regulatory authorities in Canada, which are available at www.sedarplus.ca.

Cautionary Notes to United States Investors

Wallbridge prepares its disclosure in accordance with NI 43-101 which differs from the requirements of the U.S. Securities and Exchange Commission (the “SEC”). Terms relating to mineral properties, mineralization and estimates of mineral reserves and mineral resources and economic studies used herein are defined in accordance with NI 43-101 under the guidelines set out in CIM Definition Standards on Mineral Resources and Mineral Reserves, adopted by the Canadian Institute of Mining, Metallurgy and Petroleum Council on May 19, 2014, as amended. NI 43-101 differs significantly from the disclosure requirements of the SEC generally applicable to US companies. As such, the information presented herein concerning mineral properties, mineralization and estimates of mineral reserves and mineral resources may not be comparable to similar information made public by U.S. companies subject to the reporting and disclosure requirements under the U.S. federal securities laws and the rules and regulations thereunder.

Vancouver, British Columbia–(Newsfile Corp. – June 30, 2026) – Rokmaster Resources Corp. (TSXV: RKR) (OTCQB: RKMSF) (FSE: 1RR1) ("Rokmaster" or "the Company") is pleased to announce results from diamond drilling on the Hanson Property completed in April 2026.

The Hanson Property is a part of the Company's Nechako Project, which totals 28,238 hectares (282 km2) across four properties located in west-central British Columbia. The Nechako Project features multiple exploration targets for significant porphyry Cu-(Mo±Au) mineralization and high-grade Au-Ag vein systems in the southern portion of the productive Stikine terrane (Figure 1).

A small inaugural drill program, totalling 393.0 m in two drillholes, tested the Wilson Target within the Hanson Property. This program represents essentially the first drill test of a strong and broad soil molybdenum anomaly and coincident IP anomaly initially detected by Endako Mines in 1973. Endako Mines did complete two shallow drillholes in 1978 after a five-year hiatus in exploration. Drillholes H9 and H10 were completed to depths of only 62.5 m and 37.8 m, respectively, and were directed away from the central high resistivity anomaly. (Figure 2).

Field work completed in 2025 found that the Stern Creek granodiorite underlying the Wilson Zone hosts potassic secondary biotite alteration related to narrow mm-scale vein-hosted molybdenite mineralization on surface. An outcrop was found near the center of the Wilson Zone geochemical and geophysical anomaly, with brecciated clasts of Stern Creek granodiorite and porphyritic quartz monzonite, the primary target for this drill program.

Drillhole H26-02 intersected intrusive breccia with meter-scale intervals of foliated granodiorite and non-foliated porphyritic quartz monzonite from top of the hole until a larger stock of quartz monzonite was encountered between 30.6 and 44.0 m. Below the lower contact of that unit, the remainder of the drillhole consisted of foliated granodiorite with varying degrees of chlorite alteration, persistent potassic alteration, and molybdenite mineralization hosted in quartz B-veins down to the end of the drillhole.

Notable molybdenite mineralization in dense cm-scale quartz veins was intersected in drillhole H26-02 with an assay of 0.518% Mo (0.864% MoS2(1)) over 1.20 m (59.0-60.2 m). The surrounding interval near the lower contact of the quartz monzonite also hosted cm-scale quartz-molybdenite veins and elevated assays with a weighted average of 0.051% Mo (0.085% MoS2) over 18.2 m (42.0-60.2 m).

For comparison, the average grade in the 2025 mineral resource estimate(2) on the currently inactive Endako Mine (Canada's largest Mo Mine), located 23 km south of the Hanson Property, is 0.072% MoS2 for 335.6 Mt in the measured and indicated category. This estimate used a cut-off grade of 0.040% MoS2 and a price of USD$22.50/lb Mo. Rokmaster also intersected a larger interval of 0.023% Mo (0.038% MoS2) over 71.0 m (42.0-113.0 m) cored in drillhole H26-02. This interval is close to the projected restart cut-off grade used in the Endako Mine PEA.

Drillhole H26-01 was collared approximately 900 m west of drillhole H26-02 and intersected Hanson Phase porphyritic tonalite hosting ~5% disseminated pyrite mineralization. This drillhole tested a circular magnetic low feature, elevated gold in surface samples, and the less exposed western portion of high chargeability anomaly. Drillhole H26-01 returned elevated copper results of 500-1,600 ppm Cu over meter-scale intervals throughout the hole, further confirming the pyrite halo around the core of the Wilson Zone.

There is potential for porphyry-style mineralization on the Hanson Property, at the Wilson Zone and at the Cyr Zone 2.5 km to the north. The Cyr Zone has similar geology with strongly sericite-altered and pyritic Stern Creek granodiorite hosting elevated gold, silver, copper, and zinc as indicated in historical sampling and drilling, which may indicate a less eroded porphyry system. The Buckley Zone, approximately 4.0 km west of the Wilson Zone, is defined by a large, strong molybdenum anomaly in soil samples taken over the Hanson Phase tonalite.

A new 1,534 hectare mineral claim called the Chaplin Property was recently approved 8 km south of the Hanson Property. The Chaplin Property is bisected by the mainline Trout Road and characterized by moderate overburden cover over mapped Stern Creek granodiorite. A 1969 induced polarization survey identified a strong IP anomaly(3) that is coincident with a magnetic low that remains undrilled (Figure 3).

John Mirko, President and CEO, comments:

"This first-pass, low-cost drill program at the Wilson Zone has added good value to the Hanson Property by intersecting notable porphyry-style molybdenite mineralization. The high-grade interval of 0.518% Mo over 1.20 m in drillhole H26-02 demonstrates that the system's ability to locally concentrate mineralization in higher-grade vein corridors within a broader envelope of lower-grade mineralization is similar to what has been described at the Endako Mine. The location of the 18.2 m interval returning 0.051% Mo, which exceeds the average grade at the Endako Mine, also supports further exploration potential in the geological context of the Wilson Zone. With extensive road access and nearby infrastructure we can continue advancing the Wilson Zone and the other underexplored Hanson Property targets efficiently. We thank all our contractors, including Hy-Tech Drilling, for safely and efficiently completing this small drill program. Intersecting this porphyry-style mineralization in the Wilson Zone is an excellent start and we look forward to additional drilling on prospective porphyry targets on the Nechako Project later this year."

Footnote 1: Conversion of (% Mo) to (% MoS2) uses a factor of 1.668

Footnote 2: National Instrument NI 43-101 Technical Report for the Endako Mine Restart. Preliminary Economic Assessment (PEA). November 21, 2025. Completed by A-Z Mining Professionals Limited for Moon River Moly Ltd. Sourced from SEDAR filings.

Footnote 3: Chaplin. R. E. 1969. Geophysical Assessment Report on the TAT mineral claims. ARIS Report #2283

The technical information in this news release has been prepared in accordance with Canadian regulatory requirements as set out in National Instrument 43-101 and reviewed and approved by Eric Titley, P.Geo., who is independent of Rokmaster and who acts as Rokmaster's Qualified Person.

For more information please contact

Mr. John Mirko, President & CEO of Rokmaster Resources Corp., jmirko@rokmaster.com, Ph. +1 (604) 290-4647 or by website: www.rokmaster.com

On Behalf of the Board of Directors of

Rokmaster Resources Corp.

John Mirko,President & Chief Executive Officer.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term in defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.

CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS: This news release may contain forward-looking information within the meaning of applicable securities laws ("forward-looking statements"). Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects," "plans," "anticipates," "believes," "intends," "estimates," 'projects," "potential" and similar expressions, or that events or conditions "will," "would," "may," "could" or "should" occur. These forward-looking statements are subject to a variety of risks and uncertainties which could cause actual events or results to differ materially from those reflected in the forward-looking statements, including, without limitation: receipt of regulatory approval with respect to the Hanson Property transaction; risks related to fluctuations in metal prices; uncertainties related to raising sufficient financing to fund the planned work in a timely manner and on acceptable terms; changes in planned work resulting from weather, logistical, technical or other factors; the possibility that results of work will not fulfill expectations and realize the perceived potential of the Company's properties; risk of accidents, equipment breakdowns and labour disputes or other unanticipated difficulties or interruptions; the possibility of cost overruns or unanticipated expenses in the work program; the risk of environmental contamination or damage resulting from Rokmaster's operations and other risks and uncertainties. Any forward-looking statement speaks only as of the date it is made and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future events or results or otherwise.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/303435

VANCOUVER, British Columbia, June 30, 2026 (GLOBE NEWSWIRE) — Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) (“Teck”) announced today that it has mailed a letter of transmittal and election form (the “Letter of Transmittal”) to each registered holder of Class A common shares and Class B subordinate voting shares of Teck (collectively, the “Teck Shares”) in connection with the previously-announced court-approved plan of arrangement (the “Plan of Arrangement”) under section 192 of the Canada Business Corporations Act, involving, among other things, the merger of equals of Anglo American plc (“Anglo American”) and Teck (the “Merger”).

The Letter of Transmittal explains how to exchange Teck Shares for the consideration under the Merger and, for eligible Canadian Teck shareholders, how to elect to receive the exchangeable share consideration under the Merger. Under the Merger, each Teck Share will be exchanged for 1.3301 ordinary shares (the “Anglo Shares”) of Anglo American (the “Exchange Ratio”), or, for eligible Canadian shareholders who so elect, the Exchange Ratio of exchangeable shares of Anglo Teck Exchangeco Limited (the “Exchangeable Shares”).

The Letter of Transmittal is for use by registered shareholders only. Beneficial (non-registered) shareholders whose Teck Shares are registered in the name of an intermediary such as a broker, investment dealer, bank, trust company, trustee, nominee or other intermediary should not use the Letter of Transmittal but rather should contact their intermediary for instructions and assistance in depositing their Teck Shares and, if applicable, in making an election as to the form of consideration they wish to receive. Every intermediary has its own procedures with respect to depositing Teck Shares pursuant to the Merger and making an election and may have an earlier deadline. The table below summarizes the default settlement pathway for each category of Teck shareholder:

Shareholder Type	Default Settlement Pathway
Registered Teck shareholders (holding a share certificate or DRS advice)	Must deposit a completed Letter of Transmittal with Computershare Investor Services Inc. (the “Depositary”). Anglo Shares (as defined below) will be issued in certificated form in the shareholder’s name (or, for eligible Canadian Teck shareholders who so elect, Exchangeable Shares in DRS form).
Non-registered Teck shareholders holding through CDS	Anglo Shares will be issued to CDS and credited to the same CDS participant account through which the Teck Shares were held. If you are an eligible Canadian Teck shareholder and wish to receive Exchangeable Shares, you must provide your election instructions to your Intermediary by their deadline.
Non-registered Teck shareholders holding through DTC	Anglo Shares will be settled in the form of American Depositary Receipts (“ADRs”), credited to the same DTC account through which the Teck Shares were held. If you are an eligible Canadian Teck shareholder who holds Teck Shares through DTC and you wish to receive Exchangeable Shares, you must either (i) withdraw your Teck Shares from DTC and comply with the procedures described in this release for registered Teck shareholders, or (ii) instruct the transfer of your Teck Shares from DTC to CDS in advance of the Election Deadline (as defined below) and provide your election instructions to your intermediary by their deadline

Registered shareholders are strongly encouraged to read Teck’s management proxy circular dated November 3, 2025 (the “Circular”), including the appendices attached thereto and the documents incorporated therein by reference, before completing the Letter of Transmittal. Shareholders should also carefully review the instructions contained in the Letter of Transmittal. The Circular and a copy of the form of Letter of Transmittal are each available under Teck’s issuer profiles on SEDAR+ at www.sedarplus.ca, EDGAR at www.sec.gov and on Teck’s website at www.Teck.com.The Letter of Transmittal outlines the necessary documentation and information required from each registered shareholder to obtain the consideration to which they are entitled under the Merger and, if applicable, make an election with respect to the form of consideration they wish to receive, as further described below. Registered shareholders should refer to the instructions contained in the Letter of Transmittal to ensure they provide the required documentation and information to the Depositary in order to validly deposit their Teck Shares and elect the form of consideration they wish to receive.

If a registered shareholder does not deposit a properly completed Letter of Transmittal prior to the deadline to make an election in respect of the consideration receivable in exchange for their Teck Shares pursuant to the Merger (the “Election Deadline”), or otherwise fails to comply with the requirements under the Plan of Arrangement and Letter of Transmittal with respect to such election and deposit of their Teck Shares, such registered shareholder will receive, upon delivery of a properly completed Letter of Transmittal together with certificate(s) if any representing their Teck Shares and all other required documentation, in respect of each such Teck Share for which no valid election was made, the consideration to which they are entitled in the form of Anglo Shares for such Teck Shares.

The election window is now open, and registered shareholders may begin depositing their completed Letters of Transmittal with the Depositary immediately. The Election Deadline has not been determined. Teck expects to announce the Election Deadline by news release not less than seven business days prior to the Election Deadline. Accordingly, once the Election Deadline is announced, there may be limited time to complete and deliver the Letter of Transmittal or to address any deficiencies in any delivered form. Registered shareholders who wish to make an election are strongly encouraged to submit their Letter of Transmittal as promptly as possible and are advised not to wait for the announcement of the Election Deadline before doing so.

Registered shareholders who have not deposited a duly completed Letter of Transmittal, together with the certificate(s) (if any) representing their Teck Shares and all other required documentation, with the Depositary will not be recorded on the register of holders of Anglo Shares and will not be entitled to vote or to receive any dividends or other distributions declared in respect of the Anglo Shares until they have done so. Further, if the Letter of Transmittal is not properly completed, executed and deposited, together with the certificate(s) (if any) and all other required documentation, before the day that is the third anniversary of the closing of the Merger, the right of any Teck Shareholder to receive the consideration for their Teck Shares pursuant to the Plan of Arrangement shall terminate and all consideration to which such former Teck Shareholder was entitled shall be deemed to have been surrendered and forfeited to Anglo Teck or ExchangeCo, as applicable.

Under current UK law, stamp duty or stamp duty reserve tax at a rate of 1.5% may apply where Anglo Shares are transferred after issuance into a clearance service (including CDS or DTC) or to the depositary bank for the ADR facility. Registered shareholders who currently hold certificated Teck Shares but intend to hold their Anglo Shares through CDS or in the form of American Depositary Receipts through DTC are therefore strongly advised to transfer their Teck Shares into CDS or DTC, as applicable, prior to completion of the Merger, and should review the Letter of Transmittal for further details.

Forward Looking StatementsThis news release contains certain forward-looking information and forward-looking statements as defined in applicable securities laws (collectively referred to as forward-looking statements). These statements relate to future events or future performance. All statements other than statements of historical fact are forward-looking statements. The use of any of the words “anticipate”, “can”, “could”, “plan”, “expect”, “may”, “will”, “likely”, “should” and similar expressions is intended to identify forward-looking statements. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements. These statements speak only as of the date of this news release. These forward-looking statements include, but are not limited to, expectations with respect to shareholder elections, non-elections and timing of shareholder elections, the likelihood that the stamp duty or stamp duty reserve tax may apply to certain share transfers, the determination and announcement of the Election Deadline and the expected timing of completion of the Merger, and other statements that are not historical facts.

These statements are based on a number of assumptions, including, but not limited to, assumptions regarding general business and economic conditions, future outlook and anticipated events, such as the ability of Anglo American and Teck to complete the Merger, the ability of Teck and Anglo American to obtain all required regulatory approvals, the ability of Teck and Anglo American to satisfy all other conditions to the Merger, the strategic vision of the merger between Teck and Anglo American following the closing of the Merger, the satisfaction of the conditions precedent to the Merger and other factors, many of which are beyond the control of Teck. The foregoing list of assumptions is not exhaustive. Events or circumstances could cause actual results to vary materially.

Forward-looking information is based on the information available at the time those statements are made and reflects the good faith belief of the officers and directors of Teck and Anglo American as of that time with respect to future events and is subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking information. Factors that may cause actual results to vary materially include, but are not limited to, the possibility that the Merger will not be completed on the terms and conditions, or on the timing, currently contemplated, and that it may not be completed at all, due to a failure to obtain or satisfy, in a timely manner or otherwise, required regulatory approvals and other conditions to the closing of the Merger or for other reasons, public perception of the Merger, market reaction to the Merger, the negative impact that the failure to complete the Merger for any reason could have on the business of Anglo American or Teck, the ability of Anglo American and Teck to successfully integrate and capture expected synergies, general economic and market conditions, including interest and foreign exchange rates, global financial markets, changes in government regulations or in securities, tax or other laws, industry competition, technological developments and other factors described or discussed in Anglo American’s or Teck’s disclosure materials filed with applicable securities regulatory authorities from time to time. For additional risk factors regarding Teck’s business see also “Risk Factors” in Teck’s current Annual Information Form dated February 19, 2026, as filed under Teck’s profile on SEDAR+ (www.sedarplus.ca) and on EDGAR (www.sec.gov).

Teck assumes no obligation to update forward-looking statements except as required under securities laws. Further information concerning risks, assumptions and uncertainties associated with these forward-looking statements, the Merger and Teck’s business can be found in Teck’s Circular filed under Teck’s profile on SEDAR+ (www.sedarplus.ca) and on EDGAR (www.sec.gov).About TeckTeck is a leading Canadian resource company focused on responsibly providing metals essential to economic development and the energy transition. Teck has a portfolio of world-class copper and zinc operations across North and South America and an industry-leading copper growth pipeline. We are focused on creating value by advancing responsible growth and ensuring resilience built on a foundation of stakeholder trust. Headquartered in Vancouver, Canada, Teck’s shares are listed on the Toronto Stock Exchange under the symbols TECK.A and TECK.B and the New York Stock Exchange under the symbol TECK. Learn more about Teck at www.teck.com or follow @TeckResources.

Investor Contact:Emma Chapman Vice President, Investor Relations +44.207.509.6576 emma.chapman@teck.com

Edwin ShadeoActing Vice President, Investor Relations604.699.4531edwin.shadeo@teck.com

Media Contact:Dale SteevesDirector, External Communications236.987.7405 dale.steeves@teck.com

Southern Copper (SCCO) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.

Shares of this miner have returned -8.5% over the past month versus the Zacks S&P 500 composite's -1.4% change. The Zacks Mining – Non Ferrous industry, to which Southern Copper belongs, has lost 3.6% over this period. Now the key question is: Where could the stock be headed in the near term?

Although media reports or rumors about a significant change in a company's business prospects usually cause its stock to trend and lead to an immediate price change, there are always certain fundamental factors that ultimately drive the buy-and-hold decision.

Earnings Estimate Revisions

Here at Zacks, we prioritize appraising the change in the projection of a company's future earnings over anything else. That's because we believe the present value of its future stream of earnings is what determines the fair value for its stock.

Our analysis is essentially based on how sell-side analysts covering the stock are revising their earnings estimates to take the latest business trends into account. When earnings estimates for a company go up, the fair value for its stock goes up as well. And when a stock's fair value is higher than its current market price, investors tend to buy the stock, resulting in its price moving upward. Because of this, empirical studies indicate a strong correlation between trends in earnings estimate revisions and short-term stock price movements.

Southern Copper is expected to post earnings of $1.90 per share for the current quarter, representing a year-over-year change of +55.7%. Over the last 30 days, the Zacks Consensus Estimate has changed +2.4%.

The consensus earnings estimate of $7.62 for the current fiscal year indicates a year-over-year change of +45.4%. This estimate has changed +10% over the last 30 days.

For the next fiscal year, the consensus earnings estimate of $6.96 indicates a change of -8.6% from what Southern Copper is expected to report a year ago. Over the past month, the estimate has changed +6.8%.

Having a strong externally audited track record, our proprietary stock rating tool, the Zacks Rank, offers a more conclusive picture of a stock's price direction in the near term, since it effectively harnesses the power of earnings estimate revisions. Due to the size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, Southern Copper is rated Zacks Rank #3 (Hold).

The chart below shows the evolution of the company's forward 12-month consensus EPS estimate:

12 Month EPS

Projected Revenue Growth

Even though a company's earnings growth is arguably the best indicator of its financial health, nothing much happens if it cannot raise its revenues. It's almost impossible for a company to grow its earnings without growing its revenue for long periods. Therefore, knowing a company's potential revenue growth is crucial.

For Southern Copper, the consensus sales estimate for the current quarter of $4.26 billion indicates a year-over-year change of +39.6%. For the current and next fiscal years, $16.69 billion and $14.59 billion estimates indicate +24.4% and -12.6% changes, respectively.

Last Reported Results and Surprise History

Southern Copper reported revenues of $4.25 billion in the last reported quarter, representing a year-over-year change of +36.2%. EPS of $1.92 for the same period compares with $1.19 a year ago.

Compared to the Zacks Consensus Estimate of $4.26 billion, the reported revenues represent a surprise of -0.11%. The EPS surprise was +8.47%.

The company beat consensus EPS estimates in each of the trailing four quarters. The company topped consensus revenue estimates three times over this period.

Valuation

Without considering a stock's valuation, no investment decision can be efficient. In predicting a stock's future price performance, it's crucial to determine whether its current price correctly reflects the intrinsic value of the underlying business and the company's growth prospects.

Comparing the current value of a company's valuation multiples, such as its price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF), to its own historical values helps ascertain whether its stock is fairly valued, overvalued, or undervalued, whereas comparing the company relative to its peers on these parameters gives a good sense of how reasonable its stock price is.

As part of the Zacks Style Scores system, the Zacks Value Style Score (which evaluates both traditional and unconventional valuation metrics) organizes stocks into five groups ranging from A to F (A is better than B; B is better than C; and so on), making it helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued.

Southern Copper is graded D on this front, indicating that it is trading at a premium to its peers. Click here to see the values of some of the valuation metrics that have driven this grade.

Bottom Line

The facts discussed here and much other information on Zacks.com might help determine whether or not it's worthwhile paying attention to the market buzz about Southern Copper. However, its Zacks Rank #3 does suggest that it may perform in line with the broader market in the near term.

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Miners Hochschild and Fresnillo lead FTSE falls as gold pullback deepens Proactive uses images sourced from Shutterstock

Hochschild Mining PLC (LSE:HOC) and Fresnillo PLC (LSE:FRES) led London's mining sector lower on Thursday as falling gold and silver prices hit precious metals producers.

Hochschild fell 1.8%, Endeavour Mining PLC (LSE:EDV) lost 1.8%, Pan African Resources PLC (LSE:PAF) shed 1.5% and Fresnillo dropped 1.3% in early trading.

The declines came as gold slipped 0.6% to $3,975 an ounce, falling below the $4,000 mark for the first time since November, while silver fell 1.2% to $56.70 an ounce, having yesterday broken below $60 for the first time since December.

The weakness was concentrated among precious metals miners. More diversified groups were mixed, with Glencore PLC (LSE:GLEN) down 0.3%, Rio Tinto Ltd (LSE:RIO) little changed, Anglo American PLC (LSE:AAL) up 0.6% and Antofagasta PLC (LSE:ANTO) gaining 1%, helped by copper prices. Comex copper was up 0.6% to $5.9796 a pound.

Bullion has come under pressure as the US dollar strengthened to its highest level in more than a year as investors continued to price in interest rates remaining higher for longer. Higher rates raise the opportunity cost of holding non-yielding assets such as gold.

Patrick Munnelly, market analyst at Tickmill, said: "Gold is stabilising around $4,000/oz after briefly falling below that level for the first time since November. A stronger Dollar and higher-for-longer rate expectations have weighed on the metal, while the easing of Middle East risks has reduced safe-haven demand.

"The fact that gold is only stabilising, rather than rebounding strongly, suggests that the market is less concerned about geopolitical tail risk and more focused on real yields and the Dollar."

Chris Beauchamp, market analyst at IG, said the gold price was seeing its "largest pullback for four years".

"The parabolic move of late 2024, through 2025 and on into 2026 has firmly come unstuck. The bigger the party, the bigger the hangover, and gold is still working off its own exuberance… As the dollar keeps strengthening, there is more pain to come for gold."

Investors looking for stocks in the Mining – Miscellaneous sector might want to consider either Nexa Resources S.A. (NEXA) or Anglo American (NGLOY). But which of these two companies is the best option for those looking for undervalued stocks? Let's take a closer look.

There are plenty of strategies for discovering value stocks, but we have found that pairing a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system produces the best returns. The Zacks Rank is a proven strategy that targets companies with positive earnings estimate revision trends, while our Style Scores work to grade companies based on specific traits.

Right now, Nexa Resources S.A. is sporting a Zacks Rank of #1 (Strong Buy), while Anglo American has a Zacks Rank of #2 (Buy). This system places an emphasis on companies that have seen positive earnings estimate revisions, so investors should feel comfortable knowing that NEXA is likely seeing its earnings outlook improve to a greater extent. However, value investors will care about much more than just this.

Value investors are also interested in a number of tried-and-true valuation metrics that help show when a company is undervalued at its current share price levels.

The Value category of the Style Scores system identifies undervalued companies by looking at a number of key metrics. These include the long-favored P/E ratio, P/S ratio, earnings yield, cash flow per share, and a variety of other fundamentals that help us determine a company's fair value.

NEXA currently has a forward P/E ratio of 4.83, while NGLOY has a forward P/E of 21.51. We also note that NEXA has a PEG ratio of 0.31. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. NGLOY currently has a PEG ratio of 0.50.

Another notable valuation metric for NEXA is its P/B ratio of 1.24. Investors use the P/B ratio to look at a stock's market value versus its book value, which is defined as total assets minus total liabilities. By comparison, NGLOY has a P/B of 2.41.

These metrics, and several others, help NEXA earn a Value grade of A, while NGLOY has been given a Value grade of C.

NEXA stands above NGLOY thanks to its solid earnings outlook, and based on these valuation figures, we also feel that NEXA is the superior value option right now.

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This article originally published on Zacks Investment Research (zacks.com).

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Watch on BNN Bloomberg nationalWednesday, June 24 at 7:30 PM EST, Saturday, June 27 at 8 PM EST, & Saturday, July 4 at 8PM EST

Tune into BTV and Discover Investment Opportunities.

Vancouver, British Columbia–(Newsfile Corp. – June 24, 2026) – From gold and lithium to copper and phosphate, BTV – Business Television features companies advancing projects tied to long-term commodity demand, resource development, and future supply growth across North America.

Cannot view this video? Visit:https://www.youtube.com/watch?v=JMRBG8Twxak

Osisko Development Corp. (NYSE: ODV) (TSXV: ODV) – New gold mine development remains increasingly scarce across North America. In British Columbia, active underground development, ongoing exploration, and a fully financed construction pathway are supporting the advancement of a large-scale gold opportunity. With production targeted later this decade, Osisko Development continues to advance key milestones while evaluating significant district-scale growth potential.

Dakota Gold Corp. (NYSE American: DC) – Historic U.S. mining districts are drawing renewed attention as domestic resource development gains strategic importance. In South Dakota's Homestake District, ongoing engineering work and exploration are helping outline a potential future gold producer. Backed by defined resources and a planned pre-feasibility study, Dakota Gold is progressing toward key development milestones while evaluating district-scale growth opportunities.

Q2 Metals Corp. (TSXV: QTWO) (OTCQB: QUEXF) – As North America works to secure domestic battery material supply, large-scale lithium deposits are drawing increased attention. Backed by a substantial resource, established infrastructure access, and a fully funded exploration program, Q2 Metals is advancing development activities in Quebec's James Bay region while working toward future economic studies and resource upgrades.

Talisker Resources Ltd. (TSX: TSK) (OTCQB: TSKFF) – The transition from explorer to producer is a milestone few junior mining companies achieve. After recording its first gold sales, Talisker Resources is advancing a district-scale growth strategy in British Columbia, combining ongoing production, resource expansion, and future development plans. The company is positioning around the long-term potential of one of Canada's historic gold-producing regions.

Wallbridge Mining Company Limited (TSX: WM) (OTCQB:WLBMF) – Canada's Abitibi region remains one of the world's premier gold districts, attracting continued investment in exploration and development. Backed by multiple discoveries, a growing resource base, and a fully funded pre-feasibility study, Wallbridge Mining is advancing key technical milestones while continuing to evaluate the long-term potential of its northern Abitibi gold portfolio.

Oreterra Metals Corp. (TSXV: OTMC) (OTCID: OTMCF) – Demand for copper continues to grow alongside global electrification trends, while early-stage discovery opportunities remain a key focus for investors. In British Columbia's Golden Triangle, Oreterra Metals is launching the first drill program on a newly identified copper-gold target that has never previously been tested. The program marks an important step in evaluating the scale and potential of a prospective porphyry system.

Nevada Organic Phosphate Inc. (CSE: NOP) (OTCQB: NOPFF) – As interest in sustainable agriculture and domestic fertilizer supply continues to grow, phosphate resources in stable jurisdictions are drawing renewed attention. Nevada Organic Phosphate is advancing a phosphate project with applications in organic farming, supported by ongoing drilling programs designed to define the scale of the deposit and support future development planning.

About BTV – Business Television / BTV The Agency:

For 28 years, BTV – Business Television has been the go-to half-hour investment show for savvy investors, delivering exclusive on-location interviews and actionable insights with emerging companies, industry leaders, and market experts. Hosted by Taylor Thoen and Jessica Katrichak, BTV provides investors with direct access to executive teams and compelling investment opportunities not found anywhere else.

Discover Investment Opportunities.

Watch BTV Episode; BROADCAST NETWORKS and TIMES:

CANADA: Airing on BNN Bloomberg!

• Wednesday, June 24 @ 7:30pm ET
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• Fri, June 26 @ 6:30am ET
• Sun, June 28 @ 1:00pm ET
• Mon, June 29 @ 8:30am ET
• Tues, June 30 @ 8:30pm ET & 11:30pm ET

BTV The Agency is a capital markets-focused TV production and digital marketing agency serving publicly traded and financial companies. Through strategic content creation and extensive distribution across top-tier networks including Bloomberg, CNBC, FOX Business News, and leading financial platforms, the agency helps companies reach investors, advisors, and institutions-building brand credibility and driving national retail and institutional investor awareness.

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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/302711

The Basic Materials group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Has Gerdau (GGB) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out.

Gerdau is one of 248 companies in the Basic Materials group. The Basic Materials group currently sits at #3 within the Zacks Sector Rank. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individual stocks within the groups is measured, and the sectors are listed from best to worst.

The Zacks Rank is a proven system that emphasizes earnings estimates and estimate revisions, highlighting a variety of stocks that are displaying the right characteristics to beat the market over the next one to three months. Gerdau is currently sporting a Zacks Rank of #2 (Buy).

Over the past 90 days, the Zacks Consensus Estimate for GGB's full-year earnings has moved 9.3% higher. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.

Our latest available data shows that GGB has returned about 15.2% since the start of the calendar year. Meanwhile, the Basic Materials sector has returned an average of 12.7% on a year-to-date basis. As we can see, Gerdau is performing better than its sector in the calendar year.

Another Basic Materials stock, which has outperformed the sector so far this year, is Anglo American (NGLOY). The stock has returned 26.4% year-to-date.

The consensus estimate for Anglo American's current year EPS has increased 54.3% over the past three months. The stock currently has a Zacks Rank #2 (Buy).

Looking more specifically, Gerdau belongs to the Steel – Producers industry, a group that includes 17 individual stocks and currently sits at #38 in the Zacks Industry Rank. On average, this group has gained an average of 34.4% so far this year, meaning that GGB is slightly underperforming its industry in terms of year-to-date returns.

In contrast, Anglo American falls under the Mining – Miscellaneous industry. Currently, this industry has 72 stocks and is ranked #104. Since the beginning of the year, the industry has moved +22.3%.

Gerdau and Anglo American could continue their solid performance, so investors interested in Basic Materials stocks should continue to pay close attention to these stocks.

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Southern Copper (SCCO) ended the recent trading session at $189.91, demonstrating a -1.57% change from the preceding day's closing price. The stock fell short of the S&P 500, which registered a loss of 0.37% for the day. Elsewhere, the Dow gained 0.29%, while the tech-heavy Nasdaq lost 1.33%.

Heading into today, shares of the miner had gained 7.38% over the past month, outpacing the Basic Materials sector's gain of 3.31% and the S&P 500's gain of 2.02%.

The upcoming earnings release of Southern Copper will be of great interest to investors. In that report, analysts expect Southern Copper to post earnings of $1.9 per share. This would mark year-over-year growth of 55.74%. Our most recent consensus estimate is calling for quarterly revenue of $4.23 billion, up 38.73% from the year-ago period.

SCCO's full-year Zacks Consensus Estimates are calling for earnings of $7.62 per share and revenue of $16.54 billion. These results would represent year-over-year changes of +45.42% and +23.22%, respectively.

Any recent changes to analyst estimates for Southern Copper should also be noted by investors. These recent revisions tend to reflect the evolving nature of short-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.

Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.

Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 9.96% upward. Southern Copper is currently a Zacks Rank #3 (Hold).

Investors should also note Southern Copper's current valuation metrics, including its Forward P/E ratio of 25.34. For comparison, its industry has an average Forward P/E of 26.09, which means Southern Copper is trading at a discount to the group.

We can also see that SCCO currently has a PEG ratio of 1.73. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. The Mining – Non Ferrous was holding an average PEG ratio of 1.49 at yesterday's closing price.

The Mining – Non Ferrous industry is part of the Basic Materials sector. Currently, this industry holds a Zacks Industry Rank of 169, positioning it in the bottom 31% of all 250+ industries.

The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.

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Southern Copper Corporation (SCCO) : Free Stock Analysis Report

This article originally published on Zacks Investment Research (zacks.com).

Zacks Investment Research

How much a stock's price changes over time is important for most investors, since price performance can both impact your investment portfolio and help you compare investment results across sectors and industries.

FOMO, or the fear of missing out, also plays a role in investing, particularly with tech giants and popular consumer-facing stocks.

What if you'd invested in Southern Copper (SCCO) ten years ago? It may not have been easy to hold on to SCCO for all that time, but if you did, how much would your investment be worth today?

Southern Copper's Business In-Depth

With that in mind, let's take a look at Southern Copper's main business drivers.

Phoenix, AZ-based Southern Copper Corporation engages in mining, exploring, smelting, and refining copper and other minerals. The company conducts exploration activities in Argentina, Chile, Ecuador, Mexico and Peru.Southern Copper has the largest copper reserves in the industry and operates high-quality, world-class assets in investment grade countries, such as Mexico and Peru. Southern Copper reports results under three reportable segments. Each consist of a groups of mines with similar economic characteristics, type of products, processes and support facilities, regulatory environments as well as employee bargaining contracts.Peruvian operations (around 36% of the company's revenues) includes the Toquepala and Cuajone mine complexes and the smelting and refining plants, industrial railroad and port facilities that service both mines. The Peruvian operations produce copper, with significant by-product production of molybdenum, silver and other materials.Mexican Open-Pit (58% of revenues) includes La Caridad and Buenavista mine complexes, the smelting and refining plants and support facilities, which service both mines. The Mexican open pit operations produce copper, with significant by-product production of molybdenum, silver and other materials.Mexican underground operations (6% of revenues) (IMMSA unit) includes five underground mines that produce zinc, lead, copper, silver and gold, a coal mine which produces coal and coke, and several industrial processing facilities for zinc, copper and silver. The geographic breakdown of the company’s sales is as follows – Americas (50% of revenues), Europe (32%) and Asia (18%).Approximately 80% of the company’s revenue come from the sale of copper, 6% from molybdenum and 10% from silver and zinc. Bottom Line

While anyone can invest, building a lucrative investment portfolio takes research, patience, and a little bit of risk. If you had invested in Southern Copper ten years ago, you're probably feeling pretty good about your investment today.

A $1000 investment made in June 2016 would be worth $7,331.28, or a gain of 633.13%, as of June 22, 2026, according to our calculations. This return excludes dividends but includes price appreciation.

Compare this to the S&P 500's rally of 262.13% and gold's return of 212.32% over the same time frame.

Analysts are anticipating more upside for SCCO.

Southern Copper reported a 4% decline in copper production in the first quarter 2026 due to lower ore grades at Peruvian operations. Even though grades are expected to improve through the year, the company expects copper output for 2026 at around 915,400 tons, which implies a 5% year-over-year decline. The company also anticipates declines in molybdenum, silver and zinc production. However, stronger metal prices are likely to cushion the impact on revenues. Rising energy and labor costs could weigh on near-term margins. Copper demand continues to be robust, supported by the global shift toward clean energy. An anticipated supply deficit should provide additional price support. The company expects to take its copper production to 1.6 million tons backed by its planned investments exceeding $20.5 billion across Peru and Mexico over the decade.

The stock is up 7.38% over the past four weeks, and no earnings estimate has gone lower in the past two months, compared to 4 higher, for fiscal 2026. The consensus estimate has moved up as well.

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Southern Copper Corporation (SCCO) : Free Stock Analysis Report

This article originally published on Zacks Investment Research (zacks.com).

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BHP Group Limited BHP announced that it is increasing its investment in the Jansen Stage 2 project following the completion of a detailed review. BHP expects total investment for the project to be $6.9 billion, up from the previously mentioned $4.9 billion. Initial production is expected in late fiscal 2031.In August 2025, BHP announced an extension for Jansen Stage 2, delaying first production from fiscal 2029 to fiscal 2031. The increase in investment reflects this delay, alongside cost escalation, increased material quantities and extra construction hours identified as part of the comprehensive review.

BHP’s Jansen Stage 2 Targets 4.36M Tons Annual Output

As of May 31, 2026, the Jansen Stage 2 project is 16% complete. The engineering is 83% complete, de-risking the estimates for the project's outstanding work. The company expects Stage 2 to produce 4.36 million tons per annum. BHP has revised the project’s internal rate of return to 11%, with an expected payback period of eight years. The low-cost position ensures that the project’s underlying EBITDA margins remain above 65%.BHP is also advancing the Jansen Stage 1 potash project, a large-scale, low-cost, high-grade resource with a mine life exceeding 100 years. BHP is working toward its first production by mid-2027. These investments will transform Jansen into one of the world’s largest potash mines, doubling production capacity to 8.5 million tons per year, positioning BHP as a major global producer of potash by the end of the decade.BHP expects to recognize $2.3 billion in impairment charges (before and after tax) on its investment to date in the Jansen project. This is due to the higher forecasted capital intensity for both stages and potential future expansions.

BHP Stock's Price Performance

BHP Group’s shares have surged 95.6% in the past year compared with the industry’s 57.2% growth.

Image Source: Zacks Investment Research

BHP’s Zacks Rank & Other Stock to Consider

BHP Group currently carries a Zacks Rank #2 (Buy).

Some other top-ranked stocks from the basic materials space are Albemarle Corporation ALB, CF Industries Holdings, Inc. CF and Avino Silver & Gold Mines Ltd. ASM. ALB flaunts a Zacks Rank #1 (Strong Buy) at present, and CF and ASM carry a Zacks Rank #2. You can see the complete list of today’s Zacks #1 Rank stocks here.   

Albemarle has an average trailing four-quarter earnings surprise of 74.5%. The Zacks Consensus Estimate for the company’s 2026 earnings is pegged at $12.45 per share, indicating year-over-year growth from a loss of 79 cents. ALB shares have skyrocketed 181% so far this year. 

The Zacks Consensus Estimate for CF Industries’ current-year earnings is pegged at $17.16 per share, indicating an 83% year-over-year surge. CF has an average trailing four-quarter earnings surprise of 11.4%. CF Industries’ shares have gained 21.4% in a year.

Avino Silver has an average trailing four-quarter earnings surprise of 125%. The Zacks Consensus Estimate for Avino Silver’s 2026 earnings is pegged at 39 cents per share, indicating 34.5% year-over-year growth. Its shares have surged 90.5% in a year.

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BHP Group Limited Sponsored ADR (BHP) : Free Stock Analysis Report

CF Industries Holdings, Inc. (CF) : Free Stock Analysis Report

Albemarle Corporation (ALB) : Free Stock Analysis Report

Avino Silver (ASM) : Free Stock Analysis Report

This article originally published on Zacks Investment Research (zacks.com).

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VANCOUVER, British Columbia, June 22, 2026 (GLOBE NEWSWIRE) — Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) (“Teck”) today announced the appointment of Edwin Shadeo as Acting Vice President, Investor Relations and Treasurer, effective immediately. Mr. Shadeo succeeds Emma Chapman, who is leaving Teck to pursue new professional opportunities.

“As Treasurer, Edwin has developed extensive relationships within the capital markets community, building on his deep understanding of our business. This, combined with his long-standing experience in investor relations, equips him well to lead our engagement with shareholders,” said President and CEO Jonathan Price. “I would also like to thank Emma for her leadership and outstanding contributions to Teck during her time as Vice President, Investor Relations.”

Mr. Shadeo joined Teck in 2005 as Strategic Analyst, Business Development, Coal, and has held progressively more senior and leadership roles in Investor Relations, Corporate Development, the Office of the President and CEO, and Treasury.

Mr. Shadeo holds a Bachelor of Commerce from the University of British Columbia, as well as the Chartered Alternative Investment Analyst (CAIA) and Certified Treasury Professional (CTP) designations.

About TeckTeck is a leading Canadian resource company focused on responsibly providing metals essential to economic development and the energy transition. Teck has a portfolio of world-class copper and zinc operations across North and South America and an industry-leading copper growth pipeline. We are focused on creating value by advancing responsible growth and ensuring resilience built on a foundation of stakeholder trust. Headquartered in Vancouver, Canada, Teck’s shares are listed on the Toronto Stock Exchange under the symbols TECK.A and TECK.B and the New York Stock Exchange under the symbol TECK. Learn more about Teck at www.teck.com or follow @TeckResources.

Investor Contact:Edwin ShadeoActing Vice President, Investor Relations604.699.4531edwin.shadeo@teck.com

Media Contact:Dale SteevesDirector, External Communications236.987.7405 dale.steeves@teck.com

Vancouver, British Columbia–(Newsfile Corp. – June 22, 2026) – Kay Copper Corporation (formerly Railtown II Capital Corp), currently an unlisted reporting issuer, is pleased to provide an update on the proposed transaction announced on April 29, 2026 (the "Transaction") with Teck Resources Limited (collectively with its subsidiary Teck American Incorporated, "Teck") and Kodiak Copper Corp. ("Kodiak").

Under the Transaction, Kodiak would vend its 100% owned Mohave project ("Mohave") and Teck would vend its 100% owned Copper Hill project ("Copper Hill"), both located in Arizona, into a subsidiary of Kay Copper to create a new US-focused copper exploration company that would apply to list its shares on the TSX Venture Exchange ("TSXV"). The Transaction is subject to ongoing negotiations, the execution of definitive agreements, due diligence, consents and regulatory approval, approval of the TSXV and the completion of the Newco Concurrent Financing (as defined below). There is no guarantee that the Transaction will be completed.

Transaction Progress

• The Transaction is advancing as planned and is expected to close in the third quarter of 2026;
• A new private company has been incorporated ("NewCo") for the purposes of the Transaction;
• NewCo has completed a non-brokered initial financing at $0.10 per share for gross proceeds of $830,000 (the "NewCo Initial Financing") to a broad group of investors, which is intended to support the distribution requirement for a listing on the TSXV;
• Mark Osterberg will join Kay Copper as Vice President, Exploration on closing of the Transaction. Other management and board appointments are being finalized and will be announced in due course; and
• The drafting of definitive agreements, due diligence and NewCo Concurrent Financing (as defined below) are under way in preparation for the application to list on the TSXV.

Management Appointment – VP Exploration

Further to the previously announced management and board appointments (see news release of April 29, 2026), Mark Osterberg has been named VP Exploration of Kay Copper. Mark is an exploration geologist with decades of base and precious metals mining experience, with a strong focus on porphyry copper deposits. He earned a PhD from the University of Arizona and spent the first half of his career working for Gold Fields Mining Corporation, Cyprus Mining Company, and BHP focused primarily on porphyry deposit exploration including Bagdad, Robinson, and Ok Tedi. Since 2001, he has worked as the founding principal for Mine Mappers, LLC, a geological consulting firm specializing in resource discovery and delineation, working for both major and junior mining and exploration companies.

Transaction Overview

The Transaction is anticipated to include the following steps:

• NewCo would acquire Mohave and Copper Hill from Kodiak and Teck respectively and issue to each of Kodiak and Teck 20 million common shares at a deemed price of $0.25 per share as consideration for Mohave and Copper Hill, respectively. The $0.25 share price is a deemed price for transaction purposes only and does not represent a valuation;
• NewCo would complete a three-cornered amalgamation with Kay Copper (the "Amalgamation"), whereby Newco would merge with a newly formed subsidiary of Kay Copper and the holders of shares of Newco would receive one share of Kay Copper for each Newco share held;
• Concurrently with the Amalgamation, Kay Copper would apply to list its shares for trading on the TSXV under the name of Kay Copper Corp; and
• Completion of the Transaction is subject to customary closing conditions including the completion of due diligence by each of Kodiak, Teck and Kay Copper, negotiating and executing definitive agreements, obtaining all necessary consents and regulatory approvals, TSXV acceptance and satisfaction of applicable listing requirements, the completion of the NewCo Concurrent Financing (as defined below) and other conditions.

Further details regarding the Transaction will be provided as the process continues to advance.

There can be no assurance that the Transaction or NewCo Concurrent Financing (as defined below) will be completed as proposed, or at all.

NewCo Concurrent Financing

In connection with the Transaction, NewCo intends to complete a subscription receipt financing at $0.25 per share for minimum gross proceeds of C$4.0 million (the "NewCo Concurrent Financing").

• Proceeds are intended to fund exploration work programs to materially advance both projects in 2026.
• Gross proceeds would be held in escrow and released concurrently with closing of the Transaction and upon satisfaction of specified escrow release conditions, including completion of the asset acquisitions, Amalgamation, and TSXV conditional approval, and all requisite corporate and regulatory approvals.
• If escrow release conditions are not satisfied, subscription receipt holders would be entitled to a return of funds in accordance with the terms of the subscription receipts.

See previous news release dated April 29th, 2026 for additional details concerning the proposed Transaction.

On behalf of the Board of DirectorsKay Copper Corp.

Cameron WhiteDirector

For further information, contact:Cameron White, Directorcam@caliber.vc+1 (604) 765-2601

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Statement (Safe Harbor Statement): This press release contains forward-looking statements within the meaning of applicable securities laws. The use of any of the words "anticipate", "plan", "can", "could", "continue", "expect", "estimate", "objective", "may", "will", "would", "project", "shall", "should", "predict", "potential" and similar expressions are intended to identify forward-looking statements. In particular, this press release contains forward-looking statements concerning: the proposed creation of a new U.S.-focused copper exploration company expected to list on the TSXV; Kodiak vending Mohave to NewCo; Teck vending Copper Hill to NewCo; that NewCo will be positioned for meaningful growth; completion of the NewCo Concurrent Financing; completion of the Amalgamation; the successful negotiation and execution of a definitive agreement; the receipt of consents or regulatory approvals, including potential TSXV approval; the closing of the Transaction in the third quarter of 2026, or at all; the closing of the NewCo Concurrent Financing; that Mark Osterberg will join Kay Copper as Vice-President Exploration on closing of the Transaction; and the future investor rights of Teck and Kodiak and future offtake rights of Teck regarding NewCo. Although Kay Copper believes that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because Kay Copper cannot give any assurance that they will occur or prove to be correct. Since forward-looking statements address future events and conditions, they involve inherent assumptions, risks and uncertainties. Actual results could differ materially from those currently anticipated due to a number of assumptions, factors and risks. These assumptions and risks include, but are not limited to, assumptions and risks associated with: the ability of the parties to execute their business objectives related to the Transaction; the ability of the parties to negotiate and execute definitive agreements; the parties expectations regarding future results from Mohave and Copper Hill; the ability to obtain necessary capital for the NewCo Concurrent Financing; conditions in the equity financing markets; receipt of regulatory and shareholder approvals; the impact of increasing competition; the regulatory framework regarding royalties, taxes and environmental matters; the ability to achieve potential synergies and unlock value from the Transaction; and the nature of the proposed business of NewCo, including the exploration and production of natural resources.

Management has provided the above summary of risks and assumptions related to forward-looking statements in this press release in order to provide readers with a more comprehensive perspective on Kay Copper's future operations. Kay Copper's actual results, performance or achievement could differ materially from those expressed in, or implied by, these forward-looking statements and, accordingly, no assurance can be given that any of the events anticipated by the forward-looking statements will transpire or occur, or if any of them do so, what benefits Kay Copper will derive from them. These forward-looking statements are made as of the date of this press release, and, other than as required by applicable securities laws, Kay Copper disclaims any intent or obligation to update publicly any forward-looking statements, whether as a result of new information, future events or results or otherwise.

THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/302265

Kodiak Copper [TSXV:KDK] is moving closer to unlocking the value of its Arizona assets through the creation of a dedicated US-focused copper exploration company, as the proposed transaction with Teck Resources continues to advance towards an expected third-quarter completion.

n

The Canadian explorer said key milestones had been achieved in the formation of Kay Copper, the new company that is intended to combine Kodiak’s Mohave project with Teck’s Copper Hill project in Arizona, creating a focused vehicle positioned to capitalise on growing demand for copper in North America.

n

The transaction comes at a time when copper has become increasingly central to global industrial policy. Demand for the metal is expected to rise sharply over the coming decade, driven by electrification, renewable energy infrastructure, artificial intelligence-related power demand and grid modernisation.

n

Against that backdrop, investors have shown renewed interest in exploration companies with exposure to prospective projects in mining-friendly jurisdictions.

n

• Kodiak Copper advances Arizona spin-out with Teck
• Kodiak Copper and Teck Resources in project merger plan
• Kodiak Copper expands Arizona footprint

nMark Osterberg to join Kay Coppern

Kodiak chief executive Claudia Tornquist said the transaction remained on track and represented the best route to maximise the value of the company’s non-core Arizona assets.

n

“I am pleased to report that the previously announced transaction to create Kay Copper, a US-focused copper exploration company, is progressing well and important milestones have been achieved,” she said.

n

Among the latest developments is the completion of an initial financing by NewCo, the private company established to facilitate the transaction. The financing raised C$830,000 from a broad group of investors and is intended to support the shareholder distribution requirements associated with a future TSX Venture Exchange listing.

n

The project has also secured a key addition to its technical leadership team. Veteran exploration geologist Mark Osterberg has agreed to join Kay Copper as vice-president of exploration following completion of the transaction. Based in Arizona, he will oversee exploration programmes at both Mohave and Copper Hill.

n

Osterberg brings decades of experience in porphyry copper systems, including work with major mining groups such as BHP, Cyprus Mining and Gold Fields. His career has included involvement in exploration programmes at several well-known copper deposits, including Bagdad, Robinson and Ok Tedi.

n

His appointment is being viewed as an important step in building the management team required to advance the combined asset portfolio.

nWhat the Kodiak-Teck transaction looks liken

The proposed transaction would see Kodiak and Teck each contribute their respective Arizona projects into the new company in exchange for substantial equity stakes. Following completion of the deal and a planned concurrent financing, both companies are expected to own approximately 28 per cent of Kay Copper.

n

The structure provides strong alignment between the parties and ensures continued support from two experienced industry participants as the new company advances exploration.

n

Attention is now turning towards a planned C$4m financing, the proceeds of which are expected to fund exploration programmes aimed at materially advancing both projects during 2026. The funds will be held in escrow until the transaction closes and all regulatory and listing requirements have been satisfied.

n

For Kodiak, the transaction reflects a broader strategy of creating value through focused asset development while maintaining exposure to upside. The company will retain a significant ownership stake in Kay Copper, allowing shareholders to benefit from any exploration success while Kodiak continues to advance its flagship MPD copper-gold project in British Columbia.

n

As global competition for future copper supply intensifies, the emergence of a dedicated Arizona-focused explorer backed by both Kodiak and Teck is attracting increasing attention. While the transaction remains subject to final agreements and regulatory approvals, the progress achieved so far suggests momentum is building behind a venture designed to tap into one of mining’s most compelling long-term themes.

nn

 

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Vancouver, British Columbia–(Newsfile Corp. – June 22, 2026) – Kodiak Copper Corp. (TSXV: KDK) (OTCQX: KDKCF) (FSE: 5DD1) (the "Company" or "Kodiak") is pleased to provide an update on the proposed transaction announced on April 29, 2026 (the "Transaction", see news release here) with Teck Resources Limited (collectively with its subsidiary Teck American Incorporated, "Teck") and Kay Copper Corp. ("Kay Copper", formerly Railtown II Capital Corporation), currently an unlisted reporting issuer.

Under the Transaction Kodiak would vend its 100% owned Mohave project ("Mohave") and Teck would vend its 100% owned Copper Hill project ("Copper Hill"), both located in Arizona, into a subsidiary of Kay Copper to create a new US-focused copper exploration company that would apply to list its shares on the TSX Venture Exchange ("TSXV"). The Transaction is subject to ongoing negotiations, the execution of definitive agreements, due diligence, consents and regulatory approval, approval of the TSXV and the completion of the NewCo Concurrent Financing (as defined below). There is no guarantee that the Transaction will be completed.

Transaction Progress

• The Transaction is advancing as planned and is expected to close in the third quarter of 2026;
• A new private company has been incorporated ("NewCo") for the purposes of the Transaction;
• NewCo has completed a non-brokered initial financing at $0.10 per share for gross proceeds of $830,000 (the "NewCo Initial Financing") to a broad group of investors, which is intended to support the distribution requirement for a listing on the TSXV;
• Mark Osterberg will join Kay Copper as Vice President, Exploration on closing of the Transaction. Other management and board appointments are being finalized and will be announced in due course; and
• The drafting of definitive agreements, due diligence and NewCo Concurrent Financing (as defined below) are under way in preparation for the application to list on the TSXV.

Claudia Tornquist, President and CEO of Kodiak said, "I am pleased to report that the previously announced transaction to create Kay Copper, a US-focused copper exploration company, is progressing well and important milestones have been achieved, particularly the closing of the NewCo Initial Financing. Mark Osterberg, an accomplished geologist with extensive copper porphyry experience, has agreed to join Kay Copper as VP Exploration, based in Arizona, and lead the Company's exploration programs at the Mohave and Copper Hill projects. This is a key appointment for the Company, and we are glad to have found such an excellent candidate to strengthen our technical leadership team. I have no doubt that this transaction represents the best path to unlock the value of Kodiak's non-core Mohave project and will generate compelling returns for our shareholders."

Management Appointment – VP Exploration

Further to the previously announced management and board appointments (see news release of April 29, 2026), Mark Osterberg has been named VP Exploration of Kay Copper. Mark is an exploration geologist with decades of base and precious metals mining experience, with a strong focus on porphyry copper deposits. He earned a PhD from the University of Arizona and spent the first half of his career working for Gold Fields Mining Corporation, Cyprus Mining Company, and BHP focused primarily on porphyry deposit exploration including Bagdad, Robinson, and Ok Tedi. Since 2001, he has worked as the founding principal for Mine Mappers, LLC, a geological consulting firm specializing in resource discovery and delineation, working for both major and junior mining and exploration companies.

Transaction Overview

The Transaction is anticipated to include the following steps:

• NewCo would acquire Mohave and Copper Hill from Kodiak and Teck respectively and issue to each of Kodiak and Teck 20 million common shares at a deemed price of $0.25 per share as consideration for Mohave and Copper Hill, respectively. The $0.25 share price is a deemed price for transaction purposes only and does not represent a valuation;
• NewCo would complete a three-cornered amalgamation with Kay Copper (the "Amalgamation"), whereby Newco would merge with a newly formed subsidiary of Kay Copper and the holders of shares of Newco would receive one share of Kay Copper for each Newco share held;
• Concurrently with the Amalgamation, Kay Copper would apply to list its shares for trading on the TSXV under the name of Kay Copper Corp; and
• Completion of the Transaction is subject to customary closing conditions including the completion of due diligence by each of Kodiak, Teck and Kay Copper, negotiating and executing definitive agreements, obtaining all necessary consents and regulatory approvals, TSXV acceptance and satisfaction of applicable listing requirements, the completion of the NewCo Concurrent Financing (as defined below) and other conditions.

Further details regarding the Transaction will be provided as the process continues to advance.

There can be no assurance that the Transaction or NewCo Concurrent Financing (as defined below) will be completed as proposed, or at all.

NewCo Concurrent Financing

In connection with the Transaction, NewCo intends to complete a subscription receipt financing at $0.25 per share for minimum gross proceeds of C$4.0 million (the "NewCo Concurrent Financing").

• Proceeds are intended to fund exploration work programs to materially advance both projects in 2026.
• Gross proceeds would be held in escrow and released concurrently with closing of the Transaction and upon satisfaction of specified escrow release conditions, including completion of the asset acquisitions, Amalgamation, and TSXV conditional approval, and all requisite corporate and regulatory approvals.
• If escrow release conditions are not satisfied, subscription receipt holders would be entitled to a return of funds in accordance with the terms of the subscription receipts.

Expected Capital Structure of Kay Copper

Following completion of the Transaction and the NewCo Concurrent Financing, Kay Copper is expected to have approximately 70,300,000 common shares outstanding, on an undiluted basis, with ownership expected to be held approximately as follows:

• Kodiak: 28%
• Teck: 28%
• Kay Copper existing shareholders: 9%
• NewCo Initial Financing subscribers: 12%
• NewCo Concurrent Financing subscribers: 23%

Final capitalization will be determined upon negotiation and execution of definitive agreements and the NewCo Concurrent Financing.

Additional Terms

• In addition to receiving common shares of Kay Copper, each of Teck and Kodiak are expected to enter into separate Investor Rights Agreements with Kay Copper.
• Teck is expected to be granted offtake rights with respect to certain concentrate production from the Mohave and Copper Hill projects, subject to definitive documentation.

On behalf of the Board of DirectorsKodiak Copper Corp.

Claudia TornquistPresident & CEO

For further information contact:Nancy Curry, VP Corporate Developmentncurry@kodiakcoppercorp.com+1 (604) 646-8362

About Kodiak Copper

Kodiak is focused on advancing its 100%-owned MPD copper-gold porphyry project in the prolific Quesnel Terrane in south-central British Columbia, Canada, an established mining region with producing mines and existing infrastructure. MPD exhibits all the hallmarks of a large, multi-centered porphyry district with the potential for future economic development. The initial Mineral Resource Estimate, published in 2025, outlines seven substantial deposits and underscores the scale and potential of the project. All known deposits remain open to expansion, and numerous targets across the property have yet to be tested. Kodiak continues to systematically explore MPD's district-scale potential with the goal of delivering new discoveries and building further critical mass toward being the region's next mine.

Kodiak's founder and Chairman, Chris Taylor, is well-known for his gold discovery success with Great Bear Resources. Kodiak is also part of Discovery GroupTM led by John Robins, one of the most successful mining entrepreneurs in Canada.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Statement (Safe Harbor Statement): This press release contains forward-looking statements within the meaning of applicable securities laws. The use of any of the words "anticipate", "plan", "can", "could", "continue", "expect", "estimate", "objective", "may", "will", "would", "project", "shall", "should", "predict", "potential" and similar expressions are intended to identify forward-looking statements. In particular, this press release contains forward-looking statements concerning: the proposed creation of a new U.S.-focused copper exploration company expected to list on the TSXV; Kodiak vending Mohave to NewCo; Teck vending Copper Hill to NewCo; that NewCo will unlock value of Kodiak's non-core Mohave project and will generate compelling returns for its shareholders; that NewCo will be positioned for meaningful growth; completion of the NewCo Concurrent Financing; completion of the Amalgamation; the successful negotiation and execution of a definitive agreement; the receipt of consents or regulatory approvals, including potential TSXV approval; the closing of the Transaction in the third quarter of 2026, or at all; the closing of the NewCo Concurrent Financing; that Mark Osterberg will join Kay Copper as Vice-President Exploration on closing of the Transaction; and the future investor rights of Teck and Kodiak and future offtake rights of Teck regarding NewCo. Although the Company believes that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because the Company cannot give any assurance that they will occur or prove to be correct. Since forward-looking statements address future events and conditions, they involve inherent assumptions, risks and uncertainties. Actual results could differ materially from those currently anticipated due to a number of assumptions, factors and risks. These assumptions and risks include, but are not limited to, assumptions and risks associated with: the ability of the parties to execute their business objectives related to the Transaction; the ability of the parties to negotiate and execute definitive agreements; the parties expectations regarding future results from Mohave and Copper Hill; the ability to obtain necessary capital for the NewCo Concurrent Financing; conditions in the equity financing markets; receipt of regulatory and shareholder approvals; the impact of increasing competition; the regulatory framework regarding royalties, taxes and environmental matters; the ability to achieve potential synergies and unlock value from the Transaction; and the nature of the proposed business of NewCo, including the exploration and production of natural resources.

Management has provided the above summary of risks and assumptions related to forward-looking statements in this press release in order to provide readers with a more comprehensive perspective on the Company's future operations. The Company's actual results, performance or achievement could differ materially from those expressed in, or implied by, these forward-looking statements and, accordingly, no assurance can be given that any of the events anticipated by the forward-looking statements will transpire or occur, or if any of them do so, what benefits the Company will derive from them. These forward-looking statements are made as of the date of this press release, and, other than as required by applicable securities laws, the Company disclaims any intent or obligation to update publicly any forward-looking statements, whether as a result of new information, future events or results or otherwise.

THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/302249

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BHP Group (ASX:BHP) continues to attract attention after recent share price moves, with the stock up about 7% over the past month and about 29% over the past 3 months.

See our latest analysis for BHP Group.

The recent move has come after a strong run over 3 months, but the 1-day and 7-day share price returns are both down. This suggests some of that momentum may be cooling even as the 1-year total shareholder return of 76.63% highlights how rewarding the stock has been for investors over a longer period.

If you are looking beyond BHP Group in the resources space, this could be a useful moment to scan other copper focused opportunities through the 8 top copper producer stocks.

With BHP Group posting a 76.63% total return over the past year and trading around A$61.40, investors now face a key question: is there still value on the table, or is the market already pricing in future growth?

Most Popular Narrative: 49.5% Undervalued

According to the most followed narrative for BHP Group, a fair value of A$121.48 sits well above the recent A$61.40 share price, raising questions about how much of the company’s scale and profitability is currently reflected in the market.

BHP Group is one of the world’s largest mining companies, producing key commodities such as iron ore, copper, and metallurgical coal that are essential for global infrastructure, steel production, and the energy transition. In FY2024, BHP reported revenue of approximately US$55.7 billion and underlying attributable profit of US$13.7 billion, highlighting the company’s strong profitability and scale in global resource markets.

Read the complete narrative.

Want to see what underpins such a big gap between narrative value and price? The core assumptions rest on large scale output, resilient margins and long term demand for copper and iron ore. Curious how those inputs combine into that A$121.48 figure and what kind of earnings profile they imply over time?

Result: Fair Value of A$121.48 (UNDERVALUED)

Have a read of the narrative in full and understand what’s behind the forecasts.

However, BHP Group’s narrative could be tested if global steel demand weakens and iron ore prices soften, or if copper intensive projects are delayed or scaled back.

Find out about the key risks to this BHP Group narrative.

Another View on BHP Group Using Market Ratios

While the user narrative points to BHP Group as 49.5% undervalued at A$121.48 per share, the market’s own yardstick tells a different story. At a P/E of 21.4x, BHP trades well above the Australian Metals and Mining industry at 11.9x and above its fair ratio of 20.3x, which suggests less of a bargain and more valuation risk if earnings do not keep pace.

Compared with a peer average P/E of 30.2x, BHP does not look stretched across its wider peer set. However, the premium to its industry and to that 20.3x fair ratio invites a simple question for investors: is this pricing a quality premium you are comfortable paying at A$61.40?

See what the numbers say about this price — find out in our valuation breakdown.

ASX:BHP P/E Ratio as at Jun 2026

Next Steps

If the mix of optimism and caution around BHP Group has you weighing both sides, act quickly to review the numbers and risk indicators for yourself with the 1 key reward and 1 important warning sign.

Looking for more investment ideas beyond BHP Group?

If you are reassessing BHP Group, do not stop there. Use this moment to broaden your watchlist with fresh ideas that match your risk and income goals.

• Spot potential turnaround stories early by reviewing the 58 elite penny stocks with strong financials that already show stronger financial foundations than many investors expect.
• Zero in on quality at a price by scanning the 8 high quality undervalued stocks that combine solid cash flows with more conservative market expectations.
• Strengthen the core of your portfolio by assessing the solid balance sheet and fundamentals stocks screener (19 results) before other investors crowd into the same resilient stocks.

This article by Simply Wall St is general in nature. We provide commentary based on historical datan and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or yourn financial situation. We aim to bring you long-term focused analysis driven by fundamental data.n Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.n Simply Wall St has no position in any stocks mentioned.

Companies discussed in this article include BHP.AX.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com

Canadian National Railway Co (NYSE:CNI) is one of the best long-term stocks to invest in according to Bill & Melinda Gates Foundation Trust. Canadian National Railway shares have gone up more than 20% over the past six months.

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Canadian National Railway Co (NYSE:CNI) has landed a deal to provide rail services to mining giant BHP, according to a June 4 press release. Canadian National Railway will transport potash from BHP’s Jansen mine in Saskatchewan to ports in Vancouver for export to the global markets.

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In this arrangement, Canadian National Railway will operate unit trains between the mine and the export terminals using BHP-owned railcars. The initial contract will run for around four years and is focused on the Jansen Stage 1 production. The railroad operator may have a role in the next phases of the project. The Jansen mine is expected to begin production in mid-2027.

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BHP said the rail transport deal with Canadian National Railway strengthens the reliability of its supply chain. It also said this arrangement ensures it’s well-positioned to deliver potash from Saskatchewan to global customers. Canadian National Railway said the Jansen project is a significant opportunity for Canada’s export industry.

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Canadian National Railway Co (NYSE:CNI) is a freight rail company headquartered in Quebec, Canada. Its nearly 20,000-mile rail network serves Canada and the US, facilitating the movement of everything from resource materials and factory inputs to finished goods.

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While we acknowledge the potential of CNI as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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READ NEXT: Billionaire Ken Fisher’s Top 12 High-Growth Stock Picks and 12 Best Tech Stocks to Invest In on the Dip.

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Disclosure: None. Follow Insider Monkey on Google News.

This article first appeared on GuruFocus.

BHP Group (NYSE:BHP) will record a $2.3 billion writedown on its giant Jansen potash mine after another cost and timeline reset at the Canadian project. The latest review showed phase two will now cost $6.9 billion, up from the previous $4.9 billion estimate, adding fresh pressure to a project that has already tested investor patience.

• Warning! GuruFocus has detected 8 Warning Signs with BHP.
• Is BHP fairly valued? Test your thesis with our free DCF calculator.

The world's largest miner moved ahead with Jansen's expansion in 2023, before phase one had even started production, as fertilizer prices surged after Russia's invasion of Ukraine. Since then, potash prices have fallen, while costs across both phases have continued to rise, making the project more controversial among some investors.

BHP approved construction of the Saskatchewan mine in 2021 after years of debate over its large price tag. Phase one is expected to begin production next year, while phase two is now expected to start producing toward the end of 2031. BHP still views Jansen as a long-life potash business that could potentially operate for a century and scale toward the size of its flagship Australian iron ore operations.

This article first appeared on GuruFocus.

BHP Group (NYSE:BHP) shares fell sharply after the miner flagged a $2.3 billion write-down on its Jansen potash mine in Canada, driven by higher costs and delays tied to the project's expansion. The move marked BHP's biggest one-day share decline in 14 months, adding fresh pressure on a project that has already faced investor scrutiny over its scale, spending, and long development timeline.

• Warning! GuruFocus has detected 8 Warning Signs with BHP.
• Is BHP fairly valued? Test your thesis with our free DCF calculator.

The company said phase two of Jansen will now cost $6.9 billion, up from an earlier estimate of $4.9 billion, with production expected toward the end of 2031. BHP shares closed 5.6% lower in Sydney on Friday, while its UK-listed shares fell 4.4% in London on Thursday. Barclays analysts estimate BHP has spent $20.3 billion on the project so far, with $4.1 billion now impaired.

Barclays analysts including Amos Fletcher said expected internal rates of return have declined, and now estimate total returns of 7.1% across the first two development stages. BHP does not expect total capital expenditure to rise for the 2027 fiscal year, though it did not provide estimates for later years. First production from phase one is still expected next year, while the mine could possibly become a century-long business that BHP believes may eventually rival its Australian iron ore operations in scale.

USA Rare Earth, Inc. USAR and Teck Resources Limited TECK are key participants in the Zacks Mining – Miscellaneous industry. Both companies are engaged in the extraction, processing and development of minerals that are essential to modern technologies and industrial applications. USAR and TECK are well-positioned to benefit from the growing demand for critical materials used in electrification, clean energy technologies and advanced manufacturing.Both companies operate in capital-intensive mining industries that require extensive investments in infrastructure, advanced technologies and project development, while also navigating regulatory clearances and regulatory approval processes. At the same time, growing demand for minerals and metals critical to electric vehicles, renewable energy and other clean-energy technologies is creating favorable long-term growth opportunities for these companies.

The Case for USAR

USA Rare Earth has commissioned its hydrometallurgical demonstration facility in Wheat Ridge, CO, in June 2026, marking a key step in building an integrated rare earth supply chain outside China. The company expects to begin producing commercial-quality separated rare earth oxides, including NdPr, dysprosium and terbium, in the third quarter of 2026.The facility will process material from multiple sources, including the Round Top facility, third-party feedstocks and recycled magnet swarf, while supporting feasibility studies and future commercial-scale operations.Also, the successful commissioning of Phase 1a of USAR’s commercial magnet production line at its Stillwater, OK, facility marks an important milestone in USAR’s growth strategy. The development enables the company to begin supplying sintered NdFeB permanent magnets to customers starting in the second quarter of 2026.The commissioning demonstrates USA Rare Earth’s capability to operate a complex rare earth magnet manufacturing process at a commercial scale. At its Stillwater facility, USAR transforms rare earth materials into high-performance NdFeB permanent magnets through a series of production steps used in end markets such as defense, aerospace and automotive.The Phase 1a is expected to achieve an annual production run rate of 600 metric tons by the end of 2026, while the planned Phase 1b expansion is projected to double total capacity to 1,200 metric tons annually by the first quarter of 2027. Once fully operational, the Stillwater facility is expected to be among the first large-scale NdFeB magnet manufacturing facilities in the United States, supporting a more resilient domestic rare earth supply chain.USAR has strengthened its growth strategy through a combination of financing and acquisitions. In June 2026, the company secured access to up to $1.6 billion in government-backed funding under the CHIPS Program from the U.S. Department of Commerce. The package includes up to $277 million in federal funding and up to $1.3 billion in loan support as the company advances key development milestones.In May 2026, USA Rare Earth secured a $14.2 million grant from the Texas Semiconductor Innovation Fund to boost the development of its Round Top Mountain rare earth project in West Texas, aimed at supporting domestic supply chains for critical minerals used in defense, semiconductors, AI and advanced technologies.Also, in March 2026, USAR agreed to acquire Texas Mineral Resources Corp. in an all-stock transaction valued at approximately $73 million, giving it full ownership of the Round Top Project. The company expects commercial production at Round Top to begin in 2028, with a long-term goal of processing nearly 40,000 metric tons of rare earth and critical mineral feedstock per day by 2030. The November 2025 acquisition of Less Common Metals is expected to provide critical metal and alloy feedstock for the Stillwater plant.While USAR is making progress with its growth initiatives, it is still in the early stages of commercialization and continues to report losses as it scales its operations. While the acquisition of Less Common Metals has started contributing to revenues, profitability remains under pressure from higher operating expenses associated with expansion efforts, acquisitions and workforce additions.In the first quarter of 2026, selling, general and administrative expenses surged to $21.2 million from $7 million in the prior-year period, driven by higher legal, consulting and personnel-related costs. Research and development expenses also rose to $14.2 million from $1.7 million a year ago, reflecting increased investment in product development and growth initiatives.

The Case for TECK

As part of its long-term growth strategy, Teck Resources is increasing its focus on copper and other critical minerals that are essential for electrification and clean energy technologies. The company has agreed to merge with Anglo American plc to form the Anglo Teck group, creating one of the world's largest copper-focused mining companies. It will have more than 70% exposure to copper and is set to be among the top five global copper producers. The new company will consist of six world-class copper assets and premium iron ore and zinc operations with a combined annual copper production of 1.2 million tons. It is projected to grow 10% to 1.35 million tons by 2027, strengthening its position in the global copper market.Teck Resources is further strengthening its copper growth pipeline by advancing several development projects toward sanction readiness. The company is progressing with permitting activities, securing land access and refining the business cases for its Zafranal and San Nicolás projects.Zafranal is expected to have a mine life of 19 years and produce copper-gold concentrates through open-pit mining and conventional processing. The project is anticipated to generate an average of 126,000 tons of contained copper annually during its first five years of operation. Meanwhile, the San Nicolás project is advancing through the feasibility study stage and is expected to produce approximately 63,000 tons of copper and 147,000 tons of zinc annually during its first five years, on a 100% ownership basis.Also, the Highland Valley Mine Life Extension is expected to extend the mine’s life from 2028 to 2046. Expected average annual copper production will likely be 132,000 tons over the life of the mine. The company expects to increase copper production to around 800,000 tons before the end of this decade.However, the company’s zinc in concentrate production declined to 120 thousand tons in the first quarter of 2026 from 137 thousand tons a year earlier, reflecting lower grades at Red Dog in line with the mine plan. TECK expects zinc production to trend lower over the next three years as the mine approaches the end of its life. Full-year 2026 zinc production guidance is 410-460 thousand tons compared with 565 thousand tons produced in 2025.Operating costs at several assets increased year over year due to higher contractor, energy and maintenance expenses. The company highlighted exposure to fuel price volatility and higher freight and explosives costs linked to geopolitical developments. Even though there is currently no significant risk of fuel supply disruption, the company expects an impact on costs at its Chilean operations due to the requirement for diesel imports.

How Does the Zacks Consensus Estimate Compare for USAR & TECK?

The Zacks Consensus Estimate for USAR’s 2026 bottom line is pegged at a loss of 35 cents per share. Also, the company’s consensus estimate for the 2027 bottom line is pegged at a loss of 32 cents per share.

Image Source: Zacks Investment Research

The Zacks Consensus Estimate for TECK’s 2026 bottom line is pegged at $3.35 per share. Also, the company’s consensus estimate for 2027 bottom line is pegged at $2.89 per share.

Image Source: Zacks Investment Research

Price Performance and Valuation of USAR & TECK

In the past year, USAR’s shares have surged 103%, while TECK stock has gained 71.9%. 

Image Source: Zacks Investment Research

USA Rare Earth is trading at a forward 12-month price-to-earnings ratio of negative 73.33X while Teck Resources’ forward earnings multiple sits at 21.39X.

Image Source: Zacks Investment Research

Final Take

USAR is benefiting from the ramp-up of its commercial magnet production line, along with strategic acquisitions and investments designed to build a fully integrated domestic rare earth supply chain. The acquisitions of Less Common Metals and Texas Mineral Resources are expected to enhance the company’s operational capabilities and support its long-term growth strategy. However, USAR remains in the early stages of commercialization and continues to incur losses as it invests in capacity expansion, technology development and other growth initiatives.In contrast, Teck Resources’ strong performance in the coming quarters is supported by its scale of operation, asset diversity and strategic transformation. The planned merger with Anglo American will create a global copper and critical minerals leader, with more than 70% exposure to copper. Though near-term zinc in concentrate production at Red Dog has been impacted by operational issues, TECK’s long-life assets and growth projects are expected to lower execution risk.Given these factors, TECK seems a better pick for investors than USAR currently. While TECK Materials carries a Zacks Rank #3 (Hold) at present, USA Rare Earth has a Zacks Rank #4 (Sell).You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

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Teck Resources Ltd (TECK) : Free Stock Analysis Report

USA Rare Earth Inc. (USAR) : Free Stock Analysis Report

This article originally published on Zacks Investment Research (zacks.com).

Zacks Investment Research

Teck Resources Limited (NYSE:TECK) is one of the best copper stocks to buy for the AI and electrification boom. The company’s freshest relevant angle is tied to the planned Anglo-Teck merger. On May 18, 2026, Reuters reported that Anglo American agreed to sell its Australian steelmaking coal assets for up to $3.88 billion, a move aimed at simplifying the company and reducing debt ahead of its planned combination with Teck. The sale keeps investor attention on Anglo American’s portfolio reset before the merger closes.

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For Teck investors, the update matters because the proposed combination would make copper the center of the future company’s investment case. Teck and Anglo American have said the combined Anglo Teck would become a top-five global copper producer and is expected to offer investors more than 70% exposure to copper. That gives Teck a cleaner link to electrification, grid expansion, and AI-related power demand, even without a direct data-center customer angle.

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Teck Resources Limited (NYSE:TECK) is a Vancouver-based resource company with copper and zinc operations across North and South America and a copper growth pipeline.

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While we acknowledge the potential of TECK as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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READ NEXT: 33 Stocks That Should Double in 3 Years and Cathie Wood 2026 Portfolio: 10 Best Stocks to Buy. 

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Disclosure: None. Follow Insider Monkey on Google News.

Toronto, Ontario–(Newsfile Corp. – June 17, 2026) – Honey Badger Silver Inc. (TSXV: TUF) (OTCQB: HBEIF) (FSE: 1QA) (Tradegate: 1QA) ("Honey Badger" or the "Company") is pleased to announce the appointment of Tom Chep. PEng., as Innovation Advisor.

"Tom brings a rare combination of advanced engineering expertise, entrepreneurial vision, and real-world experience developing and commercializing transformative technologies," said Chad Williams, Executive Chairman of Honey Badger Silver. "We are extremely fortunate to have Tom on our team. He will evaluate many new technologies, such as the latest drone, robotic, AI, and energy generation/storage technologies, to ensure that the PC Silver Mine re-starts production as quickly, efficiently, and as ecologically sound as possible. Tom's experience includes a strong partnership with an Indigenous technology group, considering Indigenous Knowledge in emerging technologies, and looks forward to working in partnership with Honey Badger Silver's Indigenous partners who will benefit from the PC Silver Mine's re-start."

Mr. Chep is an accomplished technology entrepreneur, engineer, and product development leader with extensive experience in advanced energy systems, infrastructure development, electrification, and complex technical project execution. He is the founder of Arc Motor Company Inc., where he has led the development of modular vehicle platforms, integrated energy systems, and scalable charging and power infrastructure solutions.

Throughout his career, Mr. Chep has worked across electrified transportation systems, industrial technologies, energy infrastructure, critical infrastructure projects, and large-scale construction environments. His expertise spans systems engineering, infrastructure integration, commercialization strategy, product development, and the deployment of advanced technologies from concept through commercial scale.

Mr. Chep holds a degree in Electrical Engineering and is a licensed Professional Engineer (P.Eng.).

"I am excited to join Honey Badger Silver at such a pivotal stage in the Company's growth," said Mr. Chep. "The PC Silver Mine is one of the most compelling undeveloped silver assets in North America and represents a unique opportunity to apply innovative technologies to enhance future operations. I look forward to working with the team to evaluate solutions that can improve project performance, strengthen sustainability, and help position Honey Badger Silver as a modern, technology-enabled mining company."

As Honey Badger Silver re-starts the PC Silver Mine, Mr. Chep will focus on identifying opportunities across electrification, energy infrastructure, automation, advanced mining technologies, remote operations, and innovative transportation and logistics solutions. His mandate will include evaluating emerging technologies that could reduce capital requirements, lower operating costs, improve reliability, and strengthen the long-term sustainability of the Company's operations.

About Honey Badger Silver (TSXV: TUF) (OTCQB: HBEIF) (FSE: 1QA) (Tradegate: 1QA)

Silver is rare and valuable. Honey Badger Silver controls some of Canada's richest untapped silver potential. With the acquisition of the fully permitted, high-grade PC Silver Mine, the Company has become a leading North American silver and critical minerals company.

Backed by an impressive portfolio of 8 high-quality silver mineral projects in Canada, including the Sunrise Lake, Plata, and Nanisivik properties, Honey Badger Silver controls district-scale land positions in some of the most metal-rich jurisdictions on the continent.

What sets Honey Badger Silver apart is its strategic blend of real silver ownership and growth leverage: the Company holds 10,000 ounces of physical silver yielding 12% annually, reinforcing tangible asset value while advancing aggressive exploration and acquisition plans.

Led by a proven team of mine-builders and capital markets professionals, Honey Badger Silver is building a cash-generating, asset-backed platform for the bull cycle in precious and critical minerals.

More information is available at www.honeybadgersilver.com.

Chad WilliamsExecutive Chairman, Interim CEO

Investor Relationsinvestors@honeybadgersilver.com | +1 (647) 226-7315

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Cautionary Note Regarding Forward-Looking Information

This news release contains "forward-looking information" within the meaning of the applicable Canadian securities legislation that is based on expectations, estimates, projections and interpretations as at the date of this news release, including without limitation, the potential for Tom Chep to reduce costs and improve the PC Silver Mine. Any statement that involves discussions with respect to predictions, expectations, interpretations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as "expects", or "does not expect", "is expected", "interpreted", "management's view", "anticipates" or "does not anticipate", "plans", "budget", "scheduled", "forecasts", "estimates", "believes" or "intends" or variations of such words and phrases or stating that certain actions, events or results "may" or "could", "would", "might" or "will" be taken to occur or be achieved) are not statements of historical fact and may be forward-looking information and are intended to identify forward-looking information. This forward-looking information is based on reasonable assumptions and estimates of management of the Company at the time such assumptions and estimates were made, and involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Honey Badger to be materially different from any future results, performance or achievements expressed or implied by such forward-looking information.

Such factors include, but are not limited to, risks relating to capital and operating costs varying significantly from estimates; delays in obtaining or failures to obtain required governmental, environmental or other project approvals; uncertainties relating to the availability and costs of financing needed in the future; changes in equity markets; inflation; fluctuations in commodity prices; delays in the development of projects; other risks involved in the mineral exploration and development industry; and those risks set out in the Company's public documents filed on SEDAR+ (www.sedarplus.ca) under Honey Badger's issuer profile. Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed timeframes or at all. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/301839

Southern Copper (SCCO) ended the recent trading session at $193.22, demonstrating a +1.81% change from the preceding day's closing price. The stock's change was more than the S&P 500's daily gain of 1.65%. On the other hand, the Dow registered a gain of 0.92%, and the technology-centric Nasdaq increased by 3.07%.

Coming into today, shares of the miner had gained 7.36% in the past month. In that same time, the Basic Materials sector lost 4.3%, while the S&P 500 gained 0.48%.

Analysts and investors alike will be keeping a close eye on the performance of Southern Copper in its upcoming earnings disclosure. The company is forecasted to report an EPS of $1.85, showcasing a 51.64% upward movement from the corresponding quarter of the prior year. In the meantime, our current consensus estimate forecasts the revenue to be $4.23 billion, indicating a 38.73% growth compared to the corresponding quarter of the prior year.

Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $7.25 per share and revenue of $16.54 billion, indicating changes of +38.36% and +23.22%, respectively, compared to the previous year.

Investors should also take note of any recent adjustments to analyst estimates for Southern Copper. These revisions typically reflect the latest short-term business trends, which can change frequently. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.

Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.

The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the past month, there's been a 4.05% rise in the Zacks Consensus EPS estimate. As of now, Southern Copper holds a Zacks Rank of #3 (Hold).

In terms of valuation, Southern Copper is presently being traded at a Forward P/E ratio of 26.17. This expresses a discount compared to the average Forward P/E of 26.42 of its industry.

It's also important to note that SCCO currently trades at a PEG ratio of 1.79. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. Mining – Non Ferrous stocks are, on average, holding a PEG ratio of 1.55 based on yesterday's closing prices.

The Mining – Non Ferrous industry is part of the Basic Materials sector. This industry currently has a Zacks Industry Rank of 186, which puts it in the bottom 24% of all 250+ industries.

The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

You can find more information on all of these metrics, and much more, on Zacks.com.

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Southern Copper Corporation (SCCO) : Free Stock Analysis Report

This article originally published on Zacks Investment Research (zacks.com).

Zacks Investment Research

How much a stock's price changes over time is important for most investors, since price performance can both impact your investment portfolio and help you compare investment results across sectors and industries.

FOMO, or the fear of missing out, also plays a role in investing, particularly with tech giants and popular consumer-facing stocks.

What if you'd invested in Teck Resources Ltd (TECK) ten years ago? It may not have been easy to hold on to TECK for all that time, but if you did, how much would your investment be worth today?

Teck Resources Ltd's Business In-Depth

With that in mind, let's take a look at Teck Resources Ltd's main business drivers.

Vancouver, Canada-based Teck Resources is committed to mining and mineral development with business units focused on copper and zinc. Teck is also a leading producer of lead and a significant producer of specialty metals such as germanium, indium and cadmium. It also produces gold dore and silver. Teck also produces industrial products and fertilizers, which are recovered from its zinc and lead smelting operations in Trail, B.C.

Teck Resources divested its Steelmaking Coal business or Elk Valley Resources (“EVR”) in July 2024. The company categorized it as discontinued operations and restated the revenue and EPS (in CAD) for all quarters of 2023 and for 2024.

Teck Resources is a significant copper producer in the Americas, with four operating mines in Canada, Chile and Peru, and development projects in North and South America. Its main projects are Highland Valley Copper in Canada and Antamina, Quebrada Blanca (QB) and Carmen de Andacollo in South America.

Teck Resources is one of the world's largest producers of mined zinc, with three operating mines in the United States and Peru, and it owns one of the world's largest fully integrated zinc and lead smelting and refining facilities located in Canada. Teck produces zinc concentrate from Red Dog Operations in Alaska. In addition to marketing its zinc concentrate around the world, the company’s concentrate team also purchases concentrate from other mines for processing at the Trail operations complex in British Columbia.In September 2025, Teck Resources entered the merger agreement with Anglo American to form the Anglo Teck group. The new company will boast an industry-leading portfolio, consisting of six world-class copper assets, and premium iron ore and zinc operations. The combined annual copper production of 1.2 million tons is projected to grow 10% to 1.35 million tons by 2027. The combined company will also be one of the world's largest zinc producers. Within four years of completion, the deal is expected to yield around $800 million in annual pre-tax synergies. It has been cleared by shareholders of both the companies.  

Bottom Line

Anyone can invest, but building a successful investment portfolio requires research, patience, and a little bit of risk. So, if you had invested in Teck Resources Ltd, ten years ago, you're likely feeling pretty good about your investment today.

A $1000 investment made in June 2016 would be worth $5,687.72, or a 468.77% gain, as of June 15, 2026, according to our calculations. Investors should note that this return excludes dividends but includes price increases.

The S&P 500 rose 254.54% and the price of gold increased 214.85% over the same time frame in comparison.

Looking ahead, analysts are expecting more upside for TECK.

Teck delivered record copper sales and higher earnings in the first quarter of 2026, supported by elevated copper prices and improved performance at Quebrada Blanca and Trail. The balance sheet remains solid providing visibility on capital allocation. However, zinc production is set to decline as Red Dog matures, input cost volatility remains a risk and execution across large growth projects requires sustained discipline. The long-term prospects for copper remain positive, supported by the clean energy transition trend. Teck entered into a merger agreement with Anglo American plc to form the Anglo Teck group. The combined annual copper production of 1.2 million tons is projected to grow 10% to 1.35 million tons by 2027. Within four years of completion, the deal is expected to yield around $800 million in annual pre-tax synergies.

The stock has jumped 5.69% over the past four weeks. Additionally, no earnings estimate has gone lower in the past two months, compared to 14 higher, for fiscal 2026; the consensus estimate has moved up as well.

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Drilling Confirms Continuity of Large-Scale Mineralized System & Delivers New Discovery

Toronto, Ontario–(Newsfile Corp. – June 15, 2026) – AbraSilver Resource Corp. (TSX: ABRA) (OTCQX: ABBRF) ("AbraSilver" or the "Company") is pleased to report assay results from the 2026 drill program at the La Coipita copper-gold-molybdenum project ("La Coipita" or the "Project") located in the San Juan Province of Argentina.

The drill program is fully funded and operated by a subsidiary of Teck Resources Limited ("Teck") under the terms of the earn-in and joint venture agreement, as per the Company's news release dated January 22, 2024.

The 2026 program comprised 5,248 metres ("m") of diamond drilling across seven holes (DDH-LC26-010 through DDH-LC26-016), designed to test the limits and vertical continuity of known mineralization at the Yaretas target and evaluate new targets generated by the first-ever magnetotelluric ("MT") geophysical survey completed across the property.

Key Highlights

• Hole DDH-LC26-010 returned the strongest drill intercept recorded to date at La Coipita: 747.5 m grading 0.69% Cu, 0.06 g/t Au and 142 ppm Mo, from 396 m to 1,143.5 m down-hole depth, confirming the presence of a robust and vertically extensive copper-gold-molybdenum system. Including:
  • 108 m at 1.06% Cu, 0.10 g/t Au and 204 ppm Mo, from 396 to 504 m;
  • 184 m at 0.78% Cu, 0.09 g/t Au and 123 ppm Mo, from 604 to 788 m
• Hole DDH-LC26-011 returned 250.6 m at 0.39% Cu, 0.07 g/t Au and 119 ppm Mo, from 550 to 800.6 m. This hole confirmed continuity of mineralization between previously reported holes DDHC-22-002 and DDH-LC25-006 (see Figures 1 and 2), further strengthening confidence in the scale and continuity of the Yaretas system.
• Hole DDH-LC26-012 resulted in a new, shallower discovery at the Yaretas Sur target, located approximately 1.9 km south of the main Yaretas drilling area (see Figures 1 and 3), intersecting multiple zones of copper-gold mineralization:
  • 42 m at 1.03% Cu, 0.63 g/t Au and 41 g/t Ag, from 264 to 306 m, including 28 m at 1.45% Cu, 0.81 g/t Au and 45 g/t Ag
  • Additional mineralized intervals that confirm a vertically extensive mineralized system at Yaretas Sur.
• The first-ever MT geophysical survey conducted during the 2026 season provides valuable new insights into the geometry of the mineral system and indicates potential extensions to the south, guiding target generation for future drill campaigns.
• Holes DDH-LC26-013 and DDH-LC26-015 intercepted indicative copper mineralization within the Yaretas zone, highlighting variability in the system; holes DDH-LC26-014 and DDH-LC26-016 were unable to reach planned target depths.

John Miniotis, President and CEO, commented, "The 2026 drill program delivered several important milestones at La Coipita. Most notably, hole DDH-LC26-010 returned the strongest intercept drilled on the property to date, while hole DDH-LC26-011 confirmed the continuity of mineralization across the core Yaretas system. Equally encouraging was the new, shallower discovery at Yaretas Sur, located nearly 2 km south of the main drilling area, which further demonstrates the district-scale potential of this project. We are pleased to have Teck, one of the world's leading mining companies, continuing to advance La Coipita, and we look forward to continued exploration success."

Stuart McCracken, Vice President, Exploration, Teck commented, "These results reinforce our commitment to responsible and sustainable exploration and our long-term interest in the geological potential of the region."

Table 1 – Summary of Key Drill Intercepts

Intercepts greater than 25%-metres copper shown in bolded text:

Drill Hole	Area	From(m)	To(m)	Type	Interval (m)	Cu%	Au g/t	Moppm	Ag g/t
DDH-LC26-10	Yaretas	396.0	1,143.5	–	747.5	0.69	0.06	142	3
	Including	396.0	504.0	Secondary Enrichment	108.0	1.06	0.10	204	6
	Including	604.0	788.0	Hypogene & High Sulphidation ("HS")	184.0	0.78	0.09	123	3
	Including	646.0	666.0	Hypogene & HS	20.0	1.05	0.13	147	4
	Including	724.0	742.0	Hypogene & HS	18.0	1.00	0.11	153	3
DDH-LC26-11	Yaretas	550.0	800.6	–	250.6	0.39	0.07	119	3
	including	550.0	770.0	HS	220.0	0.42	0.08	127	3
DDH-LC26-12	Yaretas Sur	192.0	206.0	HS	14.0	0.67	0.28	1	6
		264.0	306.0	HS	42.0	1.03	0.63	2	41
	including	264.0	292.0	HS	28.0	1.45	0.81	2	45
		316.0	366.0	HS	50.0	0.29	0.12	1	4
		398.0	464.0	HS	66.0	0.28	0.04	1	3
		488.0	566.0	HS	78.0	0.39	0.24	1	4
		584.0	604.0	HS	20.0	0.36	0.05	1	2
		624.0	662.0	HS	38.0	0.28	0.02	1	3

 

Note: All results in this news release are rounded. Assays are uncut & undiluted. Widths are drilled widths, not true widths. True widths are unknown

La Coipita Project Overview

La Coipita is a district-scale property covering over 70,000 hectares in the western San Juan Province, adjacent to the Chilean border. Elevation across the property ranges between 3,500 and 4,500 MASL with moderate to high relief.

The property lies within the prolific Miocene porphyry-epithermal belt of Argentina and Chile, host to numerous world-class deposits, including Filo del Sol, Los Azules, El Indio, Veladero, Pascua Lama and El Pachon.

Since commencing the earn-in program in 2024, Teck has completed a total of 11,270 m of diamond drilling across 19 holes at La Coipita, representing approximately US$23 million in expenditures to date against the total earn-in commitment of US$20 million. In addition to Teck completing US$20 million in expenditures, certain cash payments defined in the earn-in and joint venture agreement remain to be completed by Teck. On completion of these obligations, it is anticipated the parties will form a Joint Venture (80% Teck, 20% AbraSilver).

The 2026 program successfully extended known mineralization at Yaretas, confirmed continuity between previously drilled areas and identified a new mineralized centre at Yaretas Sur. Together with the results of the MT survey, these findings support the potential for a large-scale mineralized system extending well beyond the currently drilled footprint.

The 2026 program, which included 5,248 metres of drilling and the first MT survey ever completed on the property, represents a significant step forward in defining the scale and geometry of the system as the project advances toward potential future Mineral Resource delineation.

Figure 1 – Plan Map – Drillhole Locations and Cu Results with MT-Resistivity Survey at 500 m Depth.

To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/11792/301375_fd15b8c2a41daba3_001full.jpg

Figure 2 – A-A' Cross Section: Cu-Grade Results and MT-Resistivity

To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/11792/301375_fd15b8c2a41daba3_002full.jpg

Figure 3 – B-B' Cross Section: Yaretas (left) and Yaretas Sur (right) Targets, Cu-Grade Results and MT-Resistivity

To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/11792/301375_fd15b8c2a41daba3_003full.jpg

Collar Data

Hole Number	UTM Coordinates		Elevation	Azimuth	Dip	Depth (m)
DDH-LC26-10	383738	6615406	3937	340	-70	1,143.5
DDH-LC26-11	383408	6615329	4045	340	-70	800.6
DDH-LC26-12	384236	6613500	3870	340	-70	794
DDH-LC26-13	384027	6614707	3959	340	-70	1,040
DDH-LC26-14	383405	6615338	4044	160	-70	639
DDH-LC26-15	384026	6615398	3914	340	-70	821
DDH-LC26-16	383490	6615677	4025	340	-70	9.7

 

Note: All results in this news release for La Coipita have been rounded. Assays are uncut and undiluted. Widths are drilled widths, not true widths. True widths cannot be determined due to the uncertain geometry of mineralization.

QA/QC and Core Sampling Protocols

Core samples were taken every 2m, sent to San Juan for cutting (where applicable), and submitted to ALS Labs for sample preparation and for four-acid digestion multi-element analysis with ICP-MS finish (method codes ME-MS61) and with AAS finish for overlimit of Cu, Pb, Ag, As, Zn, Mo (OG62), and for Au by fire assay with ICP-MS finish (Au-ICP21) and with gravimetry finish for overlimit (Au-GRA21). Steps taken to avoid copper loss from drill core of the supergene enrichment zone included: (1) drilling with triple tube core barrels; (2) sampling whole core in zones of supergene mineralization (retaining 15-20cm of representative skeleton core); (3) avoiding interaction with water or core saws; and (4) taking field duplicates with a hydraulic core splitter.

Qualified Persons

David O'Connor P.Geo., Chief Geologist for AbraSilver, is the Qualified Person as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects, and he has reviewed and approved the scientific and technical information in this news release.

About AbraSilver

AbraSilver is an advanced-stage exploration company focused on rapidly advancing its 100%-owned Diablillos silver-gold project in the mining-friendly Salta and Catamarca provinces of Argentina. The current Measured and Indicated Mineral Resource estimate for Diablillos (tank leach-only) consists of 102.0 Mt grading 65 g/t Ag and 0.62 g/t Au, containing approximately 213Moz of silver and 2.0Moz of gold, with significant further upside potential based on recent exploration drilling. The Company is led by an experienced management team and has long-term supportive shareholders. In addition, the Company has an earn-in option and joint venture agreement with Teck on the La Coipita project, located in the San Juan province of Argentina. AbraSilver is listed on the Toronto Stock Exchange under the symbol "ABRA" and in the U.S. on the OTCQX under the symbol "ABBRF."

The full Technical Report in respect of the updated MRE estimate is being prepared in accordance with NI 43-101 and will be available on SEDAR+ (www.sedarplus.ca) under the Company's issuer profile within 45 days from the news release dated May 06, 2026.

For further information please visit the AbraSilver Resource website at www.abrasilver.com, our LinkedIn page at AbraSilver Resource Corp., and follow us on X at www.x.com/abrasilver

Alternatively, please contact:

John Miniotis, President and CEOinfo@abrasilver.comTel: +1 416-306-8334

Cautionary Statements

This news release includes certain "forward-looking statements" under applicable Canadian securities legislation. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. All statements that address future plans, activities, events or developments that the Company believes, expects or anticipates will or may occur are forward-looking information. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. When considering this forward-looking information, readers should keep in mind the risk factors and other cautionary statements in the Company's disclosure documents filed with the applicable Canadian securities regulatory authorities on SEDAR+ at www.sedarplus.ca. The risk factors and other factors noted in the disclosure documents could cause actual events or results to differ materially from those described in any forward-looking information. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

Neither the TSX nor its Regulation Services Provider (as that term is defined in the policies of the TSX) accepts responsibility for the adequacy or accuracy of this news release

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/301375

MIAMI, June 10, 2026 (GLOBE NEWSWIRE) — EmergingGrowth.com a leading independent small cap media portal announces the schedule of the 93rd Emerging Growth Conference on June 10 & 11, 2026.

The Emerging Growth Conference identifies companies in a wide range of growth sectors, with strong management teams, innovative products & services, focused strategy, execution, and the overall potential for long-term growth.

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Presenting Today – Wednesday June 11, 2026

8:30Virtual Lobby opens.Register for the Conference. If you already registered, go back to the registration link and click “Already registered” and enter your email.

9:00Introduction

9:05 – 9:35Diagnos, Inc. (TSXV: ADK) (OTCQB: DGNOF)Keynote speaker: André Larente – President & CEO

9:40 – 10:10Aurbis Resources Corp. (CSE: AURR) (OTCQB: QNICF) Keynote speaker: Johan Lambrechts, Chief Executive Officer

10:15 – 10:45Nord Precious Metals Mining Inc. (TSXV: NTH) (OTCQB: CCWOF)Keynote speaker: Frank Basa, Chairman and CEO

10:50 – 11:20OneMeta Inc. (OTCQB: ONEI) Keynote speaker: Saul I. Leal Founder, CEO & Director

11:25 – 11:55Citizens, Inc. (NYSE: CIA) Keynote speakers: Jon Stenberg, President / CEO, and Jeff Conklin, CFO

12:00 – 12:30ZenaTech, Inc. (Nasdaq: ZENA) Keynote speaker: Linda Montgomery, Vice President, Corporate Development

12:35 – 1:05Jaguar Health, Inc. (NASDAQ: JAGX)Keynote speaker: Lisa A. Conte, Founder, CEO, President & Director

1:10 – 1:40U.S. Gold Corp. (NASDAQ: USAU)Keynote speaker: Luke Anthony Norman, Executive Chairman

1:45 – 2:15King Global Ventures, Inc. (OTCQB: KGLDF) (CSE: KING)Keynote speaker: Robert Michael Dzisiak, President / CEO

2:20 – 2:30Jupiter Neurosciences, Inc. (NASDAQ: JUNS)Keynote speaker: Christer Rosén, Chairman & CEO, and Alison Silva, COO and President

2:40 – 2:50Trillion Energy International Inc. (OTCQB: TRLEF) (CSE: TCF)Keynote speaker: Scott Lower, President

2:55 – 3:05Intrepid Metals Corp. (OTCQB: IMTCF) (TSXV: INTR)Keynote speaker: Matt Lennox-King, CEO

3:10 – 3:20African Discovery Group, Inc., now Copper Intelligence (OTCID: AFDG)Keynote speakers: Alan Kessler, Chairman / Director Copper Intelligence, Andrew Groves, Future Chairman Copper Intelligence & Aldo Cesano Director Copper Intelligence

3:25 – 3:35Highland Copper Company Inc. (OTCQB: HDRSF) (TSXV: HI)Keynote speaker: Barry O’Shea, CEO

3:40 – 3:50 Vista Gold Corp. (NYSE American: VGZ) (TSX: VGZ)Keynote speaker: Frederick Earnest, CEO

3:55 – 4:05Stakeholder Gold Corp. (OTCQB: SKHRF) (TSXV: SRC) Keynote speaker: Christopher James Berlet, President, CEO & Director

4:10 – 4:20Perpetuals.com Ltd (NASDAQ: PDC) Keynote Speaker: Patrick Gruhn, CEO

4:25 – 4:35 Imagion Biosystems Limited. (CXA: IBX) (ASX: IBX)Keynote speakers: Robert Romeo Proulx, Executive Chairman & Ward Detwiler, Chief Business Officer

4:40 – 4:50VisionWave Holdings, Inc. (NASDAQ: VWAV)Keynote speaker: Douglas Landers Davis, Executive Chairman & Interim CEO

Presenting Day 2 Tomorrow – Thursday June 11, 2026

8:30Virtual Lobby opens.Register for the Conference. If you already registered, go back to the registration link and click “Already registered” and enter your email.

9:00Introduction

9:05 – 9:35EpicQuest Education Group International Limited (NASDAQ: EEIQ)Keynote speaker: Zhenyu Wu, CFO

9:40 – 10:10SBC Medical Group Holdings, Inc. (NASDAQ: SBC)Keynote speakers: Stephen Rodgers, Head of Global Planning and Strategy & Hikaru Fukui, Head of Investor Relations

10:50 – 11:20First Phosphate Corp. (CSE: PHOS) (OTCQX: FRSPF)Keynote speaker: John Passalacqua, CEO

11:25 – 11:55Summit Royalties Ltd. (TSXV: SUM) (OTCQB: SUMMF) Keynote speaker: Drew Clark, Founder, President & CEO

12:00 – 12:30Lithium Ionic Corp. (TSXV: LTH) (OTCQB: LTHCF)Keynote speaker: Blake Hylands – CEO & Director

12:35 – 1:05Route1, Inc. (TSXV: ROI) (OTCQB: ROIUF) Keynote speaker: Tony Busseri, President / CEO

1:10 – 1:40Newton Golf Company, Inc., (NASDAQ: NWTG)Keynote speaker: Jeffery R. Clayborne, COO

1:45 – 2:15Nova Minerals Limited (NASDAQ: NVA) (ASX: NVA) Keynote speaker: Christopher Gerteisen – CEO & Executive Director

2:20 – 2:50Honey Badger Silver, Inc. (TSXV: TUF) (OTCQB: HBEIF) Keynote speaker: Chad Williams, Chairman and Interim CEO

2:55 – 3:05Unusual Machines, Inc. (NYSE American: UMAC)Keynote speaker: Brian Hoffman, CFO

3:10 – 3:20Signature Resources Ltd. (TSXV: SGU) (OTCQB: SGGTF)Keynote speaker: Dan Denbow, President, CEO & Director

3:25 – 3:35MetaVia Inc. (NASDAQ: MTVA) Keynote speakers: Hyung Heon “HH” Kim, President / CEO, & Marshall H. Woodworth, CFO

3:40 – 3:50Gensource Potash Corporation (TSXV: GSP) (OTC Pink: AGCCF) Keynote Speaker: Mike Ferguson, CEO

3:55 – 4:05Stallion Uranium Corp. (OTCQB: STLNF) (TSXV: STUD)Keynote speaker: Darren Slugoski, VP Exploration

4:10 – 4:20Generation Uranium, Inc. (TSXV: GEN) (OTCQB: GENRF) Keynote speaker: Michael Collins – CEO

4:25 – 4:35Tiger Gold Corp. (TSXV: TIGR)Keynote speaker: Fraser Macdougall, Director

4:40 – 4:55 Moxie Therapeutics, Inc., a private companyKeynote Presenter: Kate Beebe DeVarney, Ph.D., Founder, CEO

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About EmergingGrowth.comFounded in 2009, Emerging Growth.com quickly became a leader in its space and has developed an extensive history of identifying emerging growth companies that can be overlooked by the investment community.

About the Emerging Growth ConferenceThe Emerging Growth Conference is an effective way for public companies to engage with the investment community regarding their Company, new products, services and other major announcements from anywhere, in an effective and time efficient manner.

All sessions are conducted through video webcasts. Our conference serves as a vehicle for Emerging Growth to build relationships with our existing and potential clients. Accordingly, a certain number of the presenting companies are our current clients, and some may become our clients in the future. In exchange for services we provide, our clients pay us fees in the form of cash and securities, and we may currently have, or in the future may have investments in the securities of certain of the presenting companies. Finally, certain of the presenting companies have paid us a fee to secure a presentation time slot or to present generally. The presentations to be delivered by the presenting companies (including any virtual handouts of written materials) have not been approved, endorsed by or otherwise reviewed by EmergingGrowth.com nor should they in any way be construed to have been made in connection with an offer to sell or a solicitation of an offer to buy securities. Please consult an investment professional before investing in anything viewed on the Emerging Growth Conference or on EmergingGrowth.com.

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