Val-d'Or, Québec–(Newsfile Corp. – September 15, 2021) – Abitibi Royalties Inc. (TSXV: RZZ) (OTCQX: ATBYF) "Abitibi Royalties" or the "Company") announces that the Company's monthly dividend payment of CDN$0.015 per common share for October 2021 will be paid as follows:

The October 2021 payment will represent the 21st dividend payment made to shareholders since the Company's adoption of a dividend policy in September 2019. The full amount of the dividend will be designated as an "eligible dividend" as defined in the Income Tax Act (Canada).

About Abitibi Royalties

Abitibi Royalties owns various royalties at the Canadian Malartic Mine near Val-d'Or Québec. In addition, the Company is building a portfolio of royalties on early stage properties near producing mines. The Company is unique among its peers due to its strong treasury, no debt, monthly dividend, share buyback program and limited number of shares.

For additional information, please contact:
Shanda Kilborn – Director, Corporate Development
2864 chemin Sullivan
Val-d'Or, Québec J9P 0B9
Tel.: 1-888-392-3857
Email: info@abitibiroyalties.com

Forward-Looking Statements:

This news release contains certain statements that may be deemed "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. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or realities may differ materially from those in forward-looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made. Except as required by law, the Company undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.

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 news release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/96545

One stock that might be an intriguing choice for investors right now is The Mosaic Company MOS. This is because this security in the Fertilizers space is seeing solid earnings estimate revision activity, and is in great company from a Zacks Industry Rank perspective.

This is important because, often times, a rising tide will lift all boats in an industry, as there can be broad trends taking place in a segment that are boosting securities across the board. This is arguably taking place in the Fertilizers space as it currently has a Zacks Industry Rank of 20 out of more than 250 industries, suggesting it is well-positioned from this perspective, especially when compared to other segments out there.

Meanwhile, Mosaic is actually looking pretty good on its own too. The firm has seen solid earnings estimate revision activity over the past month, suggesting analysts are becoming a bit more bullish on the firm’s prospects in both the short and long term.

The Mosaic Company Price and Consensus

The Mosaic Company price-consensus-chart | The Mosaic Company Quote

In fact, over the past month, current quarter estimates have risen from $1.68 per share to $1.72 per share, while current year estimates have risen from $4.43 per share to $4.87 per share. This has helped MOS to earn a Zacks Rank #1 (Strong Buy), further underscoring the company’s solid position.You can see the complete list of today’s Zacks #1 Rank stocks here.

So, if you are looking for a decent pick in a strong industry, consider Mosaic. Not only is its industry currently in the top third, but it is seeing solid estimate revisions as of late, suggesting it could be a very interesting choice for investors seeking a name in this great industry segment.

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

The Mosaic Company (MOS) : Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research

VANCOUVER, BC / ACCESSWIRE / September 15, 2021 / Mawson Gold Limited ("Mawson") or (the "Company") (TSX:MAW)(Frankfurt:MXR)(OTC PINK:MWSNF) announces that pursuant to the Company's Stock Option Plan and Restricted Share Unit Plan ("RSUs"), the Company has granted 250,000 stock options and 700,000 RSUs to certain officers and employees of the Company, exercisable and issuable for up to 950,000 common shares of the Company (the "Common Shares"). The stock options are exercisable at $0.22 per Common Share for a period of three years. The RSUs vest immediately and entitle the holder to receive one Common Share for each RSU granted. Each of the Stock Option Plan and RSU Plan were last approved by the Company's shareholders at the annual general meeting held on November 18, 2020.

About Mawson Gold Limited (TSX:MAW, FRANKFURT:MXR, PINKSHEETS:MWSNF)

Mawson Gold Limited is a gold exploration and development company and has distinguished itself as a leading exploration company with a focus on the flagship Rajapalot gold-cobalt project in Finland and its Victorian gold properties in Australia.

Mawson's flagship is the 100%-owned Rajapalot gold-cobalt project, located just south of the Arctic Circle in Finnish Lapland. At Rajapalot the Company has made a significant greenfield discovery and on 26 August 2021 published an updated Inferred Mineral Resource. The updated resource estimation was completed by Eemeli Rantala, AFRY – P.Geo, Ville-Matti Seppä, AFRY – EurGeol of Finland and Craig Brown, Mining Associates Pty Ltd – FAusIMM of Australia. All authors are independent "qualified persons" as defined by NI 43-101. The NI 43-101 technical report is entitled "Mineral Resource Estimate NI 43-101 Technical Report – Rajapalot Property" and is available under Mawson's profile on SEDAR at www.sedar.com and on Mawson's website at www.mawsongold.com

The August 2021 base case open pit and underground constrained Inferred Mineral Resource was estimated at 10,907,000 tonnes @ 2.5 g/t gold ("Au"), 443 ppm cobalt ("Co"), which equates to 3.0 g/t gold equivalent ("AuEq") for 887,000 ounces ("oz") Au or 1,041,980 oz AuEq. The AuEq value was calculated using the following formula: AuEq g/t = Au g/t + (Co ppm/1005) and using a gold price of US$1,590 per ounce and a cobalt price of US$23.07/lb. Mineral Resources are stated at a 0.3 g/t AuEq open pit cut-off and 1.1 g/t AuEq underground cut-off from five block models comprising 8 prospects.

The 2021 base case resource increases gold grade by 19% (AuEq grade by 12%) and contained gold ounces by 47% (contained gold equivalent ounces by 35%) as compared to the previous Rajapalot resource estimation published on September 14, 2020.

Qualified Person

The Qualified Person, Dr Nick Cook, Mawson's Chief Geologist, and a Fellow of the Australasian Institute of Mining and Metallurgy, has reviewed and verified the technical contents of this release.

Forward-Looking Statement

This news release contains forward-looking statements or forward-looking information within the meaning of applicable Canadian securities laws (collectively, "forward-looking statements"). All statements herein, other than statements of historical fact, are forward-looking statements and are based upon various estimates and assumptions including, without limitation, the expectations and beliefs of management, including that the Company can access financing, appropriate equipment and sufficient labor. Forward-looking statements are typically identified by words such as: believe, expect, anticipate, intend, estimate, postulate, and similar expressions, or are those, which, by their nature, refer to future events. Mawson cautions investors that any forward-looking statements 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, but not limited to: capital and other costs varying significantly from estimates; changes in world metal markets; changes in equity markets; ability to achieve goals; that the political environment in which the Company operates will continue to support the development and operation of mining projects; the threat associated with outbreaks of viruses and infectious diseases, including the novel COVID-19 virus; risks related to negative publicity with respect to the Company or the mining industry in general; reliance on a single asset; planned drill programs and results varying from expectations; unexpected geological conditions; local community relations; dealings with non-governmental organizations; delays in operations due to permit grants; environmental and safety risks; and other risks and uncertainties disclosed under the heading "Risk Factors" in Mawson's most recent Annual Information Form filed on www.sedar.com. While these factors and assumptions are considered reasonable by Mawson, in light of management's experience and perception of current conditions and expected developments, Mawson can give no assurance that such expectations will prove to be correct. Any forward-looking statement speaks only as of the date on which it is made and, except as may be required by applicable securities laws, Mawson disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future events or results or otherwise.

SOURCE: Mawson Gold Limited

View source version on accesswire.com:
https://www.accesswire.com/664158/Mawson-Announces-Grant-of-Stock-Options-and-RSUs

(Bloomberg) — Conglomerate Grupo Mexico SAB and Canada’s Hudbay Minerals Inc. are among final bidders competing to acquire a Spanish copper miner from Trafigura Group, people with knowledge of the matter said.

The parties made binding offers last week for Minas de Aguas Tenidas, which is known as Matsa and could fetch about $2 billion, according to the people, who asked not to be identified because the information is private. Grupo Mexico, which could make the purchase through its listed mining unit Southern Copper Corp., is seen as a strong contender for the business, the people said.

Hudbay is working with Ontario Teachers’ Pension Plan, which would provide funding to the Canadian miner for the potential acquisition, the people said.

Shares of Hudbay, which jumped as much as 7.7% in U.S. trading Wednesday, closed up 2%. Southern Copper shares gained 2.6%, bettering the 0.4% rise in the MSCI World Metals & Mining Index.

Trafigura, one of the world’s biggest commodity traders, and Abu Dhabi wealth fund Mubadala Investment Co. have been looking to sell Matsa since the start of the year, Bloomberg News has reported. Deliberations are ongoing, and a winning bidder hasn’t been chosen yet, the people said.

The sale process comes after copper prices hit a record high earlier this year. The world’s biggest miners are universally bullish on the metal, expecting a surge in demand as the global economy decarbonizes, while long-term supply looks constrained by the lack of new mine development.

Matsa also attracted interest from Rio Tinto Group, the world’s second-biggest miner, though the company is seen as a less likely buyer, the people said.

Representatives for Grupo Mexico, OTPP, Rio and Trafigura declined to comment. A spokesperson for Hudbay said the company has a disciplined growth strategy with stringent strategic criteria, declining to comment further. Representatives for Southern Copper and Mubadala didn’t immediately respond to requests for comment.

Matsa owns the Agua Tenidas, Sotiel and Magdalena mines in southern Spain, which produce copper, zinc and lead concentrates. Trafigura sold a 50% stake in Matsa to Mubadala in 2015 as part of plans to team up on base-metals investments. Mubadala paid about $500 million for the stake, a person familiar with the matter said at the time.

(Updates with closing share prices in fourth paragraph)

More stories like this are available on bloomberg.com

Subscribe now to stay ahead with the most trusted business news source.

©2021 Bloomberg L.P.

Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both.

The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens.

It also includes access to the Zacks Style Scores.

What are the Zacks Style Scores?

Developed alongside the Zacks Rank, the Zacks Style Scores are a group of complementary indicators that help investors pick stocks with the best chances of beating the market over the next 30 days.

Each stock is assigned a rating of A, B, C, D, or F based on their value, growth, and momentum characteristics. Just like in school, an A is better than a B, a B is better than a C, and so on — that means the better the score, the better chance the stock will outperform.

The Style Scores are broken down into four categories:

Value Score

Finding good stocks at good prices, and discovering which companies are trading under their true value, are what value investors like to focus on. So, the Value Style Score takes into account ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and a host of other multiples to highlight the most attractive and discounted stocks.

Growth Score

While good value is important, growth investors are more focused on a company's financial strength and health, and its future outlook. The Growth Style Score takes projected and historic earnings, sales, and cash flow into account to uncover stocks that will see long-term, sustainable growth.

Momentum Score

Momentum investors, who live by the saying "the trend is your friend," are most interested in taking advantage of upward or downward trends in a stock's price or earnings outlook. Utilizing one-week price change and the monthly percentage change in earnings estimates, among other factors, the Momentum Style Score can help determine favorable times to buy high-momentum stocks.

VGM Score

What if you like to use all three types of investing? The VGM Score is a combination of all Style Scores, making it one of the most comprehensive indicators to use with the Zacks Rank. It rates each stock on their combined weighted styles, which helps narrow down the companies with the most attractive value, best growth forecast, and most promising momentum.

How Style Scores Work with the Zacks Rank

The Zacks Rank, which is a proprietary stock-rating model, employs earnings estimate revisions, or changes to a company's earnings expectations, to make building a winning portfolio easier.

#1 (Strong Buy) stocks have produced an unmatched +25.41% average annual return since 1988, which is more than double the S&P 500's performance over the same time frame. However, the Zacks Rank examines a ton of stocks, and there can be more than 200 companies with a Strong Buy rank, and another 600 with a #2 (Buy) rank, on any given day.

This totals more than 800 top-rated stocks, and it can be overwhelming to try and pick the best stocks for you and your portfolio.

That's where the Style Scores come in.

You want to make sure you're buying stocks with the highest likelihood of success, and to do that, you'll need to pick stocks with a Zacks Rank #1 or #2 that also have Style Scores of A or B. If you like a stock that only as a #3 (Hold) rank, it should also have Scores of A or B to guarantee as much upside potential as possible.

As mentioned above, the Scores are designed to work with the Zacks Rank, so any change to a company's earnings outlook should be a deciding factor when picking which stocks to buy.

Here's an example: a stock with a #4 (Sell) or #5 (Strong Sell) rating, even one with Style Scores of A and B, still has a downward-trending earnings outlook, and a bigger chance its share price will decrease too.

Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better.

Stock to Watch: Southern Copper (SCCO)

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.

SCCO is a #3 (Hold) on the Zacks Rank, with a VGM Score of B.

Additionally, the company could be a top pick for growth investors. SCCO has a Growth Style Score of A, forecasting year-over-year earnings growth of 122.2% for the current fiscal year.

For fiscal 2021, two analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.18 to $4.51 per share. SCCO boasts an average earnings surprise of 10.2%.

With a solid Zacks Rank and top-tier Growth and VGM Style Scores, SCCO should be on investors' short list.

 

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
 
Southern Copper Corporation (SCCO) : Free Stock Analysis Report
 
To read this article on Zacks.com click here.
 
Zacks Investment Research

VANCOUVER, British Columbia, Sept. 15, 2021 (GLOBE NEWSWIRE) — American Lithium Corp. (“American Lithium” or the “Company”) (TSX-V:LI | OTCQB:LIACF | Frankfurt:5LA1) is pleased to provide details of additional progress optimizing recent salt roasting and water leaching work on lithium mineralization from the Tonopah Lithium Claims Project located near Tonopah, Nevada (“TLC”) .

Roast-Water Leach Process Highlights:

• Ongoing process work at TECMMINE in Lima, Peru has replicated, and improved upon, promising initial roasting results from Hazen Laboratory using sulphate and/or chloride salts, followed by water leaching. With this continued progress, the Company will pursue/finalize further optimization work.

• The best salt roast – water leach results achieved to date at TECMMINE, include:

  • 89.4% Li extraction using a combination of gypsum, sodium chloride and sodium sulfate roasting;

  • 87.3% Li extraction using a combination of gypsum and sodium chloride; and

  • 79.3% Li extraction using gypsum-only.

Dr. Laurence Stefan, COO of American Lithium, states, “the success of roasting TLC lithium claystones continues to demonstrate the processing versatility of this unique style of mineralization and its untapped potential. Salt roast – water leaching results in minimal impurities in pregnant leach solutions and allows the production of either lithium carbonate or lithium hydroxide further enhancing the Project’s flexibility. It also results in higher extraction of potential value-added by products. With recent optimization work significantly improving lithium extraction from all our process options over a short time-frame, it makes sense to continue and finalize this phase of development. This will ensure that we maximize the potential of each process option, which in turn will enable us to select the best flow-sheet for our preliminary economic assessment (“PEA”).”

Roast-Water Leach Process Details:

Roasting test work has previously shown promising results for processing TLC claystone lithium mineralization. The recent program completed at TECMMINE has experimented with varying grind size, roasting temperature, time and both quantity and type of roast salt reagent addition.

This processing route for lithium extraction also results in higher extraction of potassium (K-84%) and rubidium (Rb-86%) that may facilitate the production of fertilizer (SOP – sulphate of potash) and/or highly technical chemicals (rubidium hydroxide) as potential value-added by-products at TLC in Nevada.

It has become clear that salt roasting requires an interplay of calcium (gypsum) salts and sodium salts (NaCl/sodium sulphate) to maximize Li extraction. Work thus far included roast optimization with varying reagent quantities, the type of salt reagents, temperature, roast and leach time and grind size as well as by-product potential. These improvements will be integrated into the process to determine the best flow sheet option for the PEA as the Company determines the economic and environmental trade-offs for the salt roast – water leach process option. Optimization of leach test work on the Company’s other successful processing options also continues.

Qualified Person
Mr. Ted O’Connor, P.Geo., a Director of American Lithium, and a Qualified Person as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects, has reviewed and approved the scientific and technical information related to TECMMINE contained in this news release.

About American Lithium
American Lithium, a member of the TSX 50, is actively engaged in the acquisition, exploration and development of lithium projects within mining-friendly jurisdictions throughout the Americas. The Company is currently focused on enabling the shift to the new energy paradigm through the continued exploration and development of its strategically located TLC lithium claystone project in the richly mineralized Esmeralda lithium district in Nevada as well as continuing to advance its Falchani lithium and Macusani uranium development projects in southeastern Peru. Both Falchani and Macusani have been through preliminary economic assessments, exhibit strong additional exploration potential and are situated near significant infrastructure.

The TSX Venture 50 is a ranking of the top performers in each of 5 industry sectors in the TSX Venture Exchange over the last year.

For more information, please contact the Company at info@americanlithiumcorp.com or visit our website at www.americanlithiumcorp.com for project update videos and related background information.

Follow us on Facebook, Twitter and LinkedIn.

On behalf of the Board of Directors of American Lithium Corp.

“Simon Clarke”

CEO & Director

Tel: 604 428 6128

For further information, please contact:

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 press release.

Cautionary Statement Regarding Forward Looking Information
This news release contains certain forward-looking information and forward-looking statements (collectively “forward-looking statements”) within the meaning of applicable securities legislation. All statements, other than statements of historical fact, are forward-looking statements. Forward-looking statements in this news release include, but are not limited to, statements regarding the plans, objectives and advancement of the TLC, Falchani and Macusani (the “Projects”), exploration drilling plans, in-fill and expansion drilling plans, results of exploration and development plans, expansion of resources and testing of new deposits, environmental and social community permitting, and any other statements regarding the business plans, expectations and objectives of American Lithium. Forward-looking statements are frequently identified by such words as "may", "will", "plan", "expect", "anticipate", "estimate", "intend", “indicate”, “scheduled”, “target”, “goal”, “potential”, “subject”, “efforts”, “option” and similar words, or the negative connotations thereof, referring to future events and results. Forward-looking statements are based on the current opinions and expectations of management are not, and cannot be, a guarantee of future results or events. Although American Lithium believes that the current opinions and expectations reflected in such forward-looking statements are reasonable based on information available at the time, undue reliance should not be placed on forward-looking statements since American Lithium can provide no assurance that such opinions and expectations will prove to be correct. All forward-looking statements are inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including risks, uncertainties and assumptions related to: American Lithium’s ability to achieve its stated goals, including the anticipated benefits of the acquisition of Plateau Energy Metals Inc. (“Plateau”); the estimated costs associated with the advancement of the Projects; risks and uncertainties relating to the COVID-19 pandemic and the extent and manner to which measures taken by governments and their agencies, American Lithium or others to attempt to reduce the spread of COVID-19 could affect American Lithium, which could have a material adverse impact on many aspects of American Lithium’s businesses including but not limited to: the ability to access mineral properties for indeterminate amounts of time, the health of the employees or consultants resulting in delays or diminished capacity, social or political instability in Peru which in turn could impact American Lithium’s ability to maintain the continuity of its business operating requirements, may result in the reduced availability or failures of various local administration and critical infrastructure, reduced demand for the American Lithium’s potential products, availability of materials, global travel restrictions, and the availability of insurance and the associated costs; risks related to the certainty of title to the properties of American Lithium, including the status of the “Precautionary Measures” filed by American Lithium’s subsidiary Macusani Yellowcake S.A.C. (“Macusani”), the outcome of the administrative process, the judicial process, and any and all future remedies pursued by American Lithium and its subsidiary Macusani to resolve the title for 32 of its concessions; risks regarding the ongoing Ontario Securities Commission regulatory proceedings; the ongoing ability to work cooperatively with stakeholders, including but not limited to local communities and all levels of government; the potential for delays in exploration or development activities due to the COVID-19 pandemic; the interpretation of drill results, the geology, grade and continuity of mineral deposits; the possibility that any future exploration, development or mining results will not be consistent with our expectations; risks that permits will not be obtained as planned or delays in obtaining permits; mining and development risks, including risks related to accidents, equipment breakdowns, labour disputes (including work stoppages, strikes and loss of personnel) or other unanticipated difficulties with or interruptions in exploration and development; risks related to commodity price and foreign exchange rate fluctuations; risks related to foreign operations; the cyclical nature of the industry in which American Lithium operates; risks related to failure to obtain adequate financing on a timely basis and on acceptable terms or delays in obtaining governmental approvals; risks related to environmental regulation and liability; political and regulatory risks associated with mining and exploration; risks related to the uncertain global economic environment and the effects upon the global market generally, and due to the COVID-19 pandemic measures taken to reduce the spread of COVID-19, any of which could continue to negatively affect global financial markets, including the trading price of American Lithium’s shares and could negatively affect American Lithium’s ability to raise capital and may also result in additional and unknown risks or liabilities to American Lithium. Other risks and uncertainties related to prospects, properties and business strategy of American Lithium are identified in the “Risks and Uncertainties” section of Plateau’s Management’s Discussion and Analysis filed on June 25, 2021, in the “Risk Factors” section of American Lithium’s Management’s Discussion and Analysis filed on June 25, 2021, and in recent securities filings available at www.sedar.com. Actual events or results may differ materially from those projected in the forward-looking statements. American Lithium undertakes no obligation to update forward-looking statements except as required by applicable securities laws. Investors should not place undue reliance on forward-looking statements.

Cautionary Note Regarding Macusani Concessions
Thirty-two of the 151 concessions held by American Lithium’s subsidiary Macusani, are currently subject to Administrative and Judicial processes (together, the “Processes”) in Peru to overturn resolutions issued by INGEMMET and the Mining Council of MINEM in February 2019 and July 2019, respectively, which declared Macusani’s title to the 32 of the concessions invalid due to late receipt of the annual validity payment. Macusani successfully applied for injunctive relief on 32 concessions in a Court in Lima, Peru, and the grant of the Precautionary Measures (Medida Cautelar) has restored the title, rights and validity of those 32 concessions to Macusani until a final decision is obtained in at the last stage of the judicial process. If American Lithium’s subsidiary Macusani does not obtain a successful resolution of Processes, Macusani’s title to the concessions could be revoked.

SUDBURY, ON / ACCESSWIRE / September 15, 2021 / Northern Superior Resources Inc. ("Northern Superior" or the "Company") (TSXV:SUP) is pleased to announce that it entered into an agreement to acquire 100% of Kintavar Exploration Inc.'s (TSXV:KTR) Gaspard Nord mineral property. Located in the Chapais- Chibougamau gold- copper camp, the Gaspard Nord property ties onto the northern part of Northern Superior's large, 100% owned Lac Surprise mineral property (Figure 1).

Northern Superior's Lac Surprise gold property has within it, the recently discovered Falcon gold-silver zone, believed to be a 900m extension of the neighboring Vanstar/ IAMGold, 3.2M ounce (at 1.02 g/t Au) Nelligan gold deposit*. Lac Surprise's Falcon Zone remains open along strike to the west and at depth (see Northern Superior press release, August 17, 2021). This property also contains several reported gold showings (see Northern Superior Corporate presentation, www.nsuperior.com).

The Gaspard Nord property consists of 5 claims covering an area of 2.8km². This property overlies a portion of the Opawica Guercherville Deformation Zone (OGDZ) and the northeast-southwest Lac Doré Fault. The OGDZ hosts the Vanstar/ IAMGOLD Nelligan Gold deposit and Northern Superior's Falcon Zone, southwest of the Gaspard property. Northeast-southwest faults are thought to be an important characteristic associated with both the Nelligan gold deposit and the Falcon Zone. Of particular interest on the Gaspard Nord property, is the southern contact between a suite of volcanic rocks with metasediments of the OGDZ. Two gold occurrences and "B" soil horizon gold anomalies are reported at or near this contact (Huss, 2010).

Dr. T.F. Morris (PhD., P,Geo, FGAC, ICD.D), President and CEO of Northern Superior commented: "This property, containing highly prospective ground, is an excellent addition to the Lac Surprise land package. We have already initiated planning an exploration program to test the "B" Horizon anomalies and gold occurrences identified on the Gaspard Nord property. This program will extend onto the current northern part of the Lac Surprise property to provide an understanding of the gold potential west of the Falcon Zone."

Northern Superior has agreed to acquire 100% ownership of the Gaspard Nord property in exchange for 85,000 common shares of Northern Superior and the granting of a 2% net smelter return royalty ("NSR") on the property. Northern Superior will retain an option to buyback 1% of the NSR royalty for CAD$1,000,000. No finders fees will be paid in connection with the transaction and completion of this transaction is subject to regulatory and Board approval.

Qualified Person

Dr. T.F. Morris (P.Geo.) is a Qualified Person ("QP") within the meaning of National Instrument 43-101. Dr. Morris has reviewed, and approved information disclosed in this press release.

Note to readers: Mineralization hosted on adjacent and/or nearby properties is not necessarily indicative of mineralization hosted on the Company's property.

*Reference for IAMGOLD/Vanstar's Nelligan 3.2MM Inferred Gold Resource: "Carrier, Alain (M.Sc., P.Geo); Nadeau-Benoit, Vincent (P.Geo); Fauvre, Stéphane (PhD., P.Geo). October 22, 2019. NI 43-101 Technical Report and Initial Resource Estimate for the Nelligan Project, Québec, Canada."

Reference Cited:

Huss, L. (2010). Propriété Vent d'Or, Exploration 2010. Corporation Minière Golden Share, GM65493, 59 pages.

About Northern Superior

Northern Superior is a reporting issuer in British Columbia, Alberta, Ontario and Québec, and trades on the TSX Venture Exchange under the symbol SUP, and the OTCQB VentureMarket under the symbol NSUPF.

For further information contact:

Thomas F. Morris PGeo., PhD., FGAC
President and CEO
Tel: (705) 525 ‐0992
Fax: (705) 525 ‐7701
e‐mail: info@nsuperior.com
www.nsuperior.com

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.

Figure 1. Location, Gaspard Nord property relative to the Lac Surprise property.

SOURCE: Northern Superior Resources Inc.

View source version on accesswire.com:
https://www.accesswire.com/664107/Northern-Superior-Expands-Land-Holdings-at-Lac-Surprise-via-Strategic-Acquisition-of-Kintivars-Gaspard-Nord-Property

The big shareholder groups in APN Convenience Retail REIT (ASX:AQR) have power over the company. Insiders often own a large chunk of younger, smaller, companies while huge companies tend to have institutions as shareholders. Companies that have been privatized tend to have low insider ownership.

APN Convenience Retail REIT is not a large company by global standards. It has a market capitalization of AU$487m, which means it wouldn't have the attention of many institutional investors. Taking a look at our data on the ownership groups (below), it seems that institutions own shares in the company. We can zoom in on the different ownership groups, to learn more about APN Convenience Retail REIT.

Check out our latest analysis for APN Convenience Retail REIT

What Does The Institutional Ownership Tell Us About APN Convenience Retail REIT?

Many institutions measure their performance against an index that approximates the local market. So they usually pay more attention to companies that are included in major indices.

We can see that APN Convenience Retail REIT does have institutional investors; and they hold a good portion of the company's stock. This can indicate that the company has a certain degree of credibility in the investment community. However, it is best to be wary of relying on the supposed validation that comes with institutional investors. They too, get it wrong sometimes. If multiple institutions change their view on a stock at the same time, you could see the share price drop fast. It's therefore worth looking at APN Convenience Retail REIT's earnings history below. Of course, the future is what really matters.

Hedge funds don't have many shares in APN Convenience Retail REIT. Our data shows that APN Funds Management Ltd. is the largest shareholder with 8.1% of shares outstanding. The second and third largest shareholders are Perpetual Corporate Trust and APN Property Group Limited, with an equal amount of shares to their name at 7.4%.

Our studies suggest that the top 25 shareholders collectively control less than half of the company's shares, meaning that the company's shares are widely disseminated and there is no dominant shareholder.

Researching institutional ownership is a good way to gauge and filter a stock's expected performance. The same can be achieved by studying analyst sentiments. Quite a few analysts cover the stock, so you could look into forecast growth quite easily.

Insider Ownership Of APN Convenience Retail REIT

While the precise definition of an insider can be subjective, almost everyone considers board members to be insiders. Management ultimately answers to the board. However, it is not uncommon for managers to be executive board members, especially if they are a founder or the CEO.

Most consider insider ownership a positive because it can indicate the board is well aligned with other shareholders. However, on some occasions too much power is concentrated within this group.

Our most recent data indicates that insiders own some shares in APN Convenience Retail REIT. In their own names, insiders own AU$22m worth of stock in the AU$487m company. Some would say this shows alignment of interests between shareholders and the board. But it might be worth checking if those insiders have been selling.

General Public Ownership

The general public collectively holds 53% of APN Convenience Retail REIT shares. With this amount of ownership, retail investors can collectively play a role in decisions that affect shareholder returns, such as dividend policies and the appointment of directors. They can also exercise the power to vote on acquisitions or mergers that may not improve profitability.

Private Company Ownership

Our data indicates that Private Companies hold 8.8%, of the company's shares. It's hard to draw any conclusions from this fact alone, so its worth looking into who owns those private companies. Sometimes insiders or other related parties have an interest in shares in a public company through a separate private company.

Next Steps:

It's always worth thinking about the different groups who own shares in a company. But to understand APN Convenience Retail REIT better, we need to consider many other factors. For example, we've discovered 4 warning signs for APN Convenience Retail REIT (1 is significant!) that you should be aware of before investing here.

Ultimately the future is most important. You can access this free report on analyst forecasts for the company.

NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures.

This article by Simply Wall St is general in nature. We provide commentary based on historical data 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 your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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

Nutrien Ltd. NTR stock looks promising at the moment. The company’s shares have popped roughly 27% so far this year. It is benefiting from higher prices and healthy demand for crop nutrients.

We are positive on the company’s prospects and believe that the time is right for you to add the stock to your portfolio as it looks promising and is poised to carry the momentum ahead.

Nutrien currently has a Zacks Rank #1 (Strong Buy) and a VGM Score of A. Our research shows that stocks with a VGM Score of A or B, combined with a Zacks Rank #1 or 2 (Buy), offer the best investment opportunities for investors.

Let’s delve deeper into the factors that make this fertilizer maker an attractive choice for investors right now.

An Outperformer

Shares of Nutrien have rallied 52.2% in a year compared with the 49.3% rise of its industry. It has also outperformed the S&P 500’s 32.1% rise over the same period.

Image Source: Zacks Investment Research

Estimates Northbound

Earnings estimate revisions have the greatest impact on stock prices. Over the past two months, the Zacks Consensus Estimate for Nutrien for the current year has increased 28.5%. The consensus estimate for third-quarter 2021 has also been revised 39% upward over the same time frame.

Positive Earnings Surprise History

Nutrien has outpaced the Zacks Consensus Estimate in three of the trailing four quarters. In this time frame, it has delivered an average earnings surprise of roughly 127.6%.

Solid Growth Prospects

The Zacks Consensus Estimate for earnings for the current year for Nutrien is currently pegged at $4.78, indicating year-over-year growth of 165.6%. Moreover, earnings are expected to register 365.2% growth in the third quarter of 2021.

Growth Drivers in Place

Nutrien should benefit from solid demand and higher prices for fertilizers, especially potash, supported by the strength in global agriculture markets. It is expected to gain from strong potash sales volumes this year on the back of solid domestic and overseas demand.

The company is also well placed to gain from acquisitions, cost efficiency, and increased adoption of its digital platform. It also continues to expand its footprint in Brazil through acquisitions, including Tec Agro.

Nutrien is also gaining from higher net realized selling prices for crop nutrients as witnessed in the last reported quarter. Potash prices have strengthened on the back of robust global demand, aided by strong grower economics, higher crop prices and low global inventory levels. Tight availability along with firm demand is also driving up phosphate prices globally. Lower global supply availability stemming from reduced operating rates and a spike in energy prices are also likely to boost nitrogen prices. Higher prices are expected to drive the company’s sales and margins in 2021.

The company is also taking actions to boost potash production in the wake of tightening global potash market conditions. The move is in response to strong market fundamentals and is geared to enable its customers have the crop inputs they require to feed a growing population. The company expects to produce one million tons of incremental potash in 2021 as a result of this move.

Nutrien, on its second-quarter call, raised its adjusted net earnings per share and adjusted EBITDA guidance to $4.60-$5.10 (from $2.55-$3.25) and $6-$6.4 billion (from $4.4-$4.9 billion), respectively, for full-year 2021. The revision reflects higher expected results across its business and the benefits of increasing its potash sales guidance for 2021 by one million tons.

Nutrien Ltd. Price and Consensus

Nutrien Ltd. price-consensus-chart | Nutrien Ltd. Quote

Other Stocks to Consider

Some other top-ranked stocks worth considering in the basic materials space include The Mosaic Company MOS, United States Steel Corporation X, and Olympic Steel, Inc. ZEUS, each sporting a Zacks Rank #1. You can see the complete list of today’s Zacks #1 Rank stocks here.

Mosaic has an expected earnings growth rate of 472.9% for the current year. The stock has also rallied around 77% over a year.

U.S. Steel has a projected earnings growth rate of 360.6% for the current year. The company’s shares have shot up around 215% in a year.

Olympic Steel has an expected earnings growth rate of 2,362.2% for the current year. The company’s shares have rallied around 108.9% in the past year.

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

United States Steel Corporation (X) : Free Stock Analysis Report

The Mosaic Company (MOS) : Free Stock Analysis Report

Olympic Steel, Inc. (ZEUS) : Free Stock Analysis Report

Nutrien Ltd. (NTR) : Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research

VANCOUVER, British Columbia, Sept. 15, 2021 (GLOBE NEWSWIRE) — Candente Copper Corp. (TSX:DNT, BVL:DNT) ("Candente Copper”, “Company”) is pleased to announce that it has commenced an exploration program at the Canyon Creek Copper Project in northwestern British Columbia (“B.C.”), Canada.

Exploration will focus on confirming and expanding previously discovered copper (“Cu”) and molybdenum (”Mo”) mineralization in bedrock as well as geochemical and geophysical anomalies all of which are typical of porphyry style mineralization.

The Canyon Creek property comprises 24 square kilometres and covers extensive copper-molybdenum-silver anomalies delineated by both regional stream sediments and soil sampling. The anomalous levels of Mo and Cu in soils extend over 5 km by 2 km east of the stream sediment anomalies. Mo ranges from 10 to 270 parts per million (“ppm”) and Cu ranges from 40 to 780 ppm. Please see: https://www.candentecopper.com/projects/canyon-creek-bc-canada/ for maps.

Chalcopyrite (copper sulphide) and molybdenite (molybdenum sulphide) with grades of up to 1.56% Cu; up to 0.1% Mo and up to 17.6 grams per tonne (“g/t”) silver (“Ag”) have been found within quartz veining and stockwork zones in altered intrusive rocks including quartz monzonite. This mineralization occurs in two areas covering 800 metres (“m”) by 300m and 400m by 400m, respectively and much of the area between is hidden by glacial till or other cover.

Current exploration will include stream sediment sampling, soil sampling, prospecting and geological mapping to expand the known anomalies and mineralization.

The Canyon Creek property is located in the northwestern end of the Quesnelia Zone (Terrane) approximately 160 kilometres (“km”) from the Red Chris Mine, 15 km from a main highway and 60 km from the town of Dease Lake.

Large granodiorite to quartz monzonite plutons are affiliated with the Quesnel Terrane of B.C. Overall, quartz-monzonite plutons form the largest world class deposits of Cu-Mo-Au and Cu-Mo. Examples are Edernet with 1.78 billion tonnes of 0.62% Cu and 0.025% Mo, Chuquicamata, 6.45 billion tonnes of 0.55% Cu and Bingham Canyon, 3.24 billion tonnes of 0.88% Cu, 0.02% Mo and 0.5 g/t Au. *There are no assurances that the Company will have similar results at the Canyon Creek Copper Project.

B.C. hosts 13 districts of copper-rich deposits in the production and development stage within two major zones (Quesnel and Coastal/Stikine volcanic-plutonic arc – terranes). The most prominent deposits are the Red Chris, Galore Creek, Schaft Creek, Kemess North, Mount Milligan in the north of the province; and Highland Valley and Copper Mountain in the south. Many of these deposits produce both copper and gold. *There are no assurances that the Company will have similar results at the Canyon Creek Copper Project.

For further details about the Canyon Creek Project, including the terms of the option agreement, please refer to news release dated May 26, 2021.

About Candente Copper

Candente Copper is a mineral exploration company engaged in the acquisition, exploration, and development of mineral properties. The Company is currently focused on its 100% owned Cañariaco project, which includes the Feasibility stage Cañariaco Norte deposit as well as the Cañariaco Sur deposit and Quebrada Verde prospect, located within the western Cordillera of the Peruvian Andes in the Department of Lambayeque in Northern Peru.

Please see https://www.candentecopper.com/investors/presentations for details from previous resource and engineering studies which delineated 9B lbs copper, 2M oz gold and 54M oz silver in: Measured and Indicated Resources of 752.4 million tonnes grading 0.45% copper, 0.07 grams per tonne (“g/t”) gold and 1.9 g/t silver (0.52% Cu equivalent) containing 7.533 B lb Cu, 1.67 M oz Au and 45.24 M oz Ag and Inferred Resources of 157.7 million tonnes grading 0.44% copper, 0.06 g/t gold and 1.8 g/t silver containing 1.434 B lb Cu, 0.3M oz Au and 8.932 M oz Ag.

Details from the Cañariaco Norte Copper Project Pre-Feasibility Study Progress Report available at https://www.candentecopper.com/site/assets/files/5389/canariaco-pfs.pdf estimate NPVs and IRRs of $1.06B and 17.5% at $2.50 Cu and $1.56B and 21.5% at $2.90 Cu. The Incentive Price for Cañariaco Norte is in the lowest quartile of top 84 copper projects worldwide named by Goldman Sachs. Cash Costs are also in lowest quartile of the copper industry.

Joanne C. Freeze, P.Geo., CEO, is the Qualified Person as defined by National Instrument 43-101 for the projects discussed above. She has reviewed and approved the contents of this release.

This news release may contain forward-looking statements including but not limited to comments regarding timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements. Candente Copper relies upon litigation protection for forward-looking statements.

On behalf of the Board of Candente Copper Corp.

“Joanne C. Freeze” P.Geo.
President, CEO and Director
___________________________________
For further information please contact:

info@candentecopper.com
www.candentecopper.com

NR-138

PITTSBURGH, Sept. 15, 2021 /PRNewswire/ — CNX Midstream Partners LP ("CNX Midstream," "we" or "our"), a wholly-owned subsidiary of CNX Resources Corporation (NYSE: CNX), today announced the pricing of $400 million aggregate principal amount of 4.750% senior notes due 2030 (the "Notes") at an issue price of 100.00% of their face value in a private offering (the "Notes Offering"). The Notes will be guaranteed by all of CNX Midstream's wholly-owned domestic restricted subsidiaries that guarantee its revolving credit facility. The offering is expected to close on September 22, 2021, subject to the satisfaction of customary closing conditions. CNX Midstream intends to use the net proceeds of the sale of the Notes together with cash on hand and borrowings under its revolving credit facility to purchase any and all of the approximately $400 million aggregate principal amount outstanding of its 6.500% senior notes due 2026 (the "2026 Notes") pursuant to a tender offer (the "Tender Offer") that commenced concurrently with Notes offering and to redeem any of its 2026 Notes that remain outstanding after the completion of the Tender Offer. The Notes Offering is not conditioned on the consummation of the Tender Offer. The Tender Offer is conditioned on, among other things, the consummation of the Notes Offering.

The Notes have not been registered under the Securities Act of 1933, as amended (the "Securities Act"), or any state securities laws and, unless so registered, may not be offered or sold in the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and the rules promulgated thereunder and applicable state securities laws. The Notes will be offered only to persons reasonably believed to be qualified institutional buyers in reliance on Rule 144A under the Securities Act and non-U.S. persons in transactions outside the United States in reliance on Regulation S under the Securities Act.

CNX Midstream owns, operates, develops and acquires gathering and other midstream energy assets to service natural gas production in the Appalachian Basin in Pennsylvania and West Virginia. Our assets include natural gas gathering pipelines and compression and dehydration facilities, as well as condensate gathering, collection, separation and stabilization facilities.

Cautionary Statements:

This press release does not constitute an offer to sell or the solicitation of an offer to buy any Notes nor shall there be any sale of Notes in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state. The offering may be made only by means of an offering memorandum.

Various statements in this release, including those that express a belief, expectation or intention, may be considered "forward-looking statements" (within the meaning of the federal securities laws) that involve risks and uncertainties that could cause actual results to differ materially from projected results. Accordingly, investors should not place undue reliance on forward-looking statements as a prediction of actual results. Without limiting the generality of the foregoing, forward-looking statements contained in this communication specifically include statements regarding the proposed terms of the Notes Offering, the anticipated use of proceeds therefrom and the Tender Offer. When we use the words "believe," "intend," "expect," "may," "should," "anticipate," "could," "estimate," "plan," "predict," "project," "will" or their negatives, or other similar expressions, the statements which include those words are usually forward-looking statements. When we describe strategy that involves risks or uncertainties, we are making forward-looking statements. The forward-looking statements in this press release, if any, speak only as of the date of this press release; we disclaim any obligation to update these statements, unless required by securities laws, and we caution you not to rely on them unduly. We have based these forward-looking statements on our current expectations and assumptions about future events. While our management considers these expectations and assumptions to be reasonable, they are inherently subject to significant business, economic, competitive, regulatory and other risks, contingencies and uncertainties, most of which are difficult to predict and many of which are beyond our control.

View original content to download multimedia:https://www.prnewswire.com/news-releases/cnx-midstream-partners-lp-announces-pricing-of-400-million-of-senior-notes-301378070.html

SOURCE CNX Resources Corporation; CNX Midstream Partners LP

While Silvercorp Metals Inc. (TSE:SVM) shareholders are probably generally happy, the stock hasn't had particularly good run recently, with the share price falling 24% in the last quarter. But don't let that distract from the very nice return generated over three years. In fact, the company's share price bested the return of its market index in that time, posting a gain of 59%.

Now it's worth having a look at the company's fundamentals too, because that will help us determine if the long term shareholder return has matched the performance of the underlying business.

See our latest analysis for Silvercorp Metals

To paraphrase Benjamin Graham: Over the short term the market is a voting machine, but over the long term it's a weighing machine. One way to examine how market sentiment has changed over time is to look at the interaction between a company's share price and its earnings per share (EPS).

During the three years of share price growth, Silvercorp Metals actually saw its earnings per share (EPS) drop 4.3% per year.

Based on these numbers, we think that the decline in earnings per share may not be a good representation of how the business has changed over the years. So other metrics may hold the key to understanding what is influencing investors.

Languishing at just 0.6%, we doubt the dividend is doing much to prop up the share price. Do you think that shareholders are buying for the 2.6% per annum revenue growth trend? We don't. While we don't have an obvious theory to explain the share price rise, a closer look at the data might be enlightening.

You can see below how earnings and revenue have changed over time (discover the exact values by clicking on the image).

We know that Silvercorp Metals has improved its bottom line lately, but what does the future have in store? So it makes a lot of sense to check out what analysts think Silvercorp Metals will earn in the future (free profit forecasts).

What About Dividends?

As well as measuring the share price return, investors should also consider the total shareholder return (TSR). The TSR incorporates the value of any spin-offs or discounted capital raisings, along with any dividends, based on the assumption that the dividends are reinvested. It's fair to say that the TSR gives a more complete picture for stocks that pay a dividend. As it happens, Silvercorp Metals' TSR for the last 3 years was 63%, which exceeds the share price return mentioned earlier. This is largely a result of its dividend payments!

A Different Perspective

Silvercorp Metals shareholders are down 51% for the year (even including dividends), but the market itself is up 31%. However, keep in mind that even the best stocks will sometimes underperform the market over a twelve month period. Longer term investors wouldn't be so upset, since they would have made 4%, each year, over five years. It could be that the recent sell-off is an opportunity, so it may be worth checking the fundamental data for signs of a long term growth trend. It's always interesting to track share price performance over the longer term. But to understand Silvercorp Metals better, we need to consider many other factors. To that end, you should be aware of the 2 warning signs we've spotted with Silvercorp Metals .

If you would prefer to check out another company — one with potentially superior financials — then do not miss this free list of companies that have proven they can grow earnings.

Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on CA exchanges.

This article by Simply Wall St is general in nature. We provide commentary based on historical data 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 your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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

About a year after Walgreens Boots Alliance Inc. announced a partnership with blood-testing startup Theranos Inc., the top two leaders of Theranos blasted the drugstore operator as “terrible” and plotted new retail partnerships for their business, according to text messages released in court records Tuesday evening. The texts–made public as part of the criminal fraud trial of Theranos founder Elizabeth Holmes–show frustration by Theranos’s No. 2, Ramesh “Sunny” Balwani, over the Walgreens rela

Segra, Sachem Cove and Azarias are among funds notching gains driven by the nuclear fuel’s unexpected emergence as an investor favorite.

Edmonton, Alberta–(Newsfile Corp. – September 15, 2021) – Grizzly Discoveries Inc. (TSXV: GZD) (OTCQB: GZDIF) (FSE: G6H) ("Grizzly" or the "Company") is pleased to announce that phase 1 sampling results targeting existing anomaly areas and new high-priority conductivity anomalies in the search for Cobalt (Co), Copper (Cu) and Silver (Ag) mineralization that have been received at its Robocop Property.

The rock grab samples delivered results with up to 3.35% copper (Cu) and 196 ppm Co (Figure 1 below). The Company has isolated multiple high-priority geophysical targets that are supported by anomalous copper-cobalt geochemistry along a 7 km trend (Figures 1 & 2 below). The anomalous trend includes multiple geophysical anomalies that measure 200 to 600 m strike length. The Robocop Property is 100% owned by Grizzly and is easily road accessible in Southeast British Columbia (the "Property"), near the hamlets of Grasmere and Roosville.

Brian Testo, CEO of Grizzly commented, "It is great to find a high grade sample of battery metals associated with a new anomaly at the Robocop. The Property has significant potential for new copper-cobalt discoveries. The team is looking forward to drilling this new discovery and other promising anomalies, this year."

Fig 1. 2021 and historical Cu in rocks & soils (bright samples are 2021 results).

To view an enhanced version of Figure 1, please visit:
https://orders.newsfilecorp.com/files/4488/96661_4646a9f2345dfb3b_002full.jpg

The follow-up Phase 1 ground geochemical survey was designed to extend known anomalous areas and targets, and test a number of high and secondary priority geophysical anomalies identified by the 2021 VTEM survey in the vicinity of the "Discovery Area" (See Figures 1 & 2) and across the property. The Discovery Area has provided historical anomalous trench and core intersections of up to 0.134% Co, 1.19% Cu and 33.8 grams per tonne (g/t) Ag over 1.23 m. Over the course of the three-week program a total of 530 soil samples and 16 rock samples were collected from across the property (see Figure 2 below). Outcrop of the targeted favourable horizon is poor.

Fig 2. Property wide rock and Soil sample results over conductivity from 2021 (bright samples are 2021 results).

To view an enhanced version of Figure 2, please visit:
https://orders.newsfilecorp.com/files/4488/96661_4646a9f2345dfb3b_003full.jpg

A rock grab sample of malachite-bearing arkosic sandstone float material (See Figure 3 below) on a south facing slope approximately 340 m west of the Discovery area returned 3.35% Cu and 196 ppm Co and represents a new discovery of copper and cobalt. Coincident Cu and Co in soils in the area indicates that Roo Formation sandstones, host to Cu- and Co-bearing mineralization, likely continue well west of the known trenched and drilled mineralization at the Discovery area (Figure 1). The rock grab sample was collected immediately down slope from the up-hill high priority conductive anomaly 15-3. VTEM conductive anomalies 14-3 and 16-3 in the immediate vicinity also are coincident with significantly anomalous Cu and Co in soils (Figure 1). None of these VTEM conductive anomalies have been drill tested. The historical drilling to date is comprised of 15 holes in three locations over a strike length of 1.1 km from the Discovery area to the southeast towards a tributary that flows into Phillipps Creek without testing any of the VTEM anomalies. The 2021 soil sampling program has extended the known length of anomalous Cu and Co to over 7 km of strike length up Phillipps Creek to the southeast (Figures 1 and 2).

A number of additional priority 1 and 2 VTEM anomalies to the southeast including 13-3, 58-3, 57-3, 55-3, 60-3, 45-3, 78-2 and 8-2 are spatially co-incident with Cu and Co in soil anomalies, both in historical sampling and 2021 sampling. None of these anomalies nor the anomalous soils associated with them have been drill tested. The 2021 soil sampling program has identified that the Phillipps Creek Cu and Co soil anomaly can be traced continuously from the Discovery area up Phillipps Creek for close to 7 km (Figures 1 and 2). A 2021 rock grab sample from altered arkosic sandstone retuned 1.4% Cu approximately 4.3 km east of the Discovery area up Phillipps Creek (Figures 1 and 2).

A Notice of Work land use permit application for drilling a number of the VTEM anomalies from the Discovery area up Phillipps Creek has been submitted to Front Counter BC's Cranbrook Office with approval and anticipated drill testing sometime in fall, 2021. Funding permitting, ground geophysical TDEM or IP surveys will be used as a Phase 2 program to test and firm up targets for drilling in fall 2021. Additional soil and rock sampling may also be conducted as part of the Phase 2 work.

Fig 3. Strong malachite staining on metasiltstone-sandstone float found during the field program in June 2021.

To view an enhanced version of Figure 3, please visit:
https://orders.newsfilecorp.com/files/4488/96661_4646a9f2345dfb3b_004full.jpg

The property is hosted within a similar geological setting to the Idaho Cobalt-Copper belt where conductivity (EM) and magnetic surveying techniques along with soil and rock geochemistry have been used previously to successfully guide drilling of prospective targets and assist in making new metal discoveries.

HIGHLIGHTS FOR THE ROBOCOP PROPERTY

• The Robocop Project is comprised of 9,053acres (3,663 ha) in five mineral claims that are all road accessible, just off Provincial Highway 93 in southeast B.C.

• Initial surface trenching in the late 1980's to early 1990's yielded up to 0.06% Co and 1.93% Cu over 6 metres (m) in one trench, and in a separate trench up to 0.146% Co, 1.8% Cu and 5.3 grams per tonne (g/t) Ag over 5 m in sediment-hosted sulphide mineralization within middle Proterozoic Purcell Group rocks (Thomson, 1990).

• A total of 15 drill holes in the area between 1990 and 2008 have yielded several intersections of near surface Co-Cu-Ag mineralization with grades of up to 0.134% Co, 1.19% Cu and 33.8 g/t Ag over 1.23 m core length in hole R-1990-5 and 0.14% Co, 0.9% Cu and 2.7 g/t Ag over 3.1 m core length in hole R-1990-6 (Thomson, 1990), along with an intersection of 0.18% Co, 0.28% Cu and 4.1 g/t Ag over 1 m core length in hole R-2008-02 (Pighin, 2009).

• All but one of the historical drillholes tested a single target in an area about 500 m by 350 m. The Property is approximately 10 km in length and 3.5 km in width and contains numerous untested anomalous soil +/- rock geochemical targets.

• Sediment hosted Co-Cu-Ag mineralization is similar in style, age and host rocks to mineralization at Jervois Mining Ltd.'s Idaho Cobalt project and Hecla's Revett Formation hosted mineralization near Troy, Montana.

The Property has yielded significant historical cobalt, copper and silver results and presents an opportunity to discover battery and electrification metals as the world shifts to electric vehicles, sustainable practices and greener alternatives. The macroeconomic outlook for battery metals such as Co and Cu remains strong with the ongoing shift to electric vehicles. It is estimated that the battery sector accounts for approximately 57% of current Co demand; this is expected to grow over the next five years to 72% and will require an additional 100,000 tonnes/annum of Cobalt to meet demand.¹

The technical content of this news release and the Company's technical disclosure has been reviewed and approved by Michael B. Dufresne, M. Sc., P. Geol., P.Geo., who is the Qualified Person as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects.

ABOUT GRIZZLY DISCOVERIES INC.
Grizzly is a diversified Canadian mineral exploration company with its primary listing on the TSX Venture Exchange, with 90 million shares issued, focused on developing its over 160,000 acres of precious and base metals properties in southeastern British Columbia. Grizzly is run by a highly experienced junior resource sector management team, who have a track record of advancing exploration projects from early exploration stage through to feasibility stage.

On behalf of the Board,

GRIZZLY DISCOVERIES INC.
Brian Testo, CEO, President

For further information, please visit our website at www.grizzlydiscoveries.com or contact:
Chris Beltgens
Corporate Development
Tel: 604 347 9535
Email: cbeltgens@grizzlydiscoveries.com

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.

Caution concerning forward-looking information

This press release contains "forward-looking information" and "forward-looking statements" within the meaning of applicable securities laws. This information and statements address future activities, events, plans, developments and projections. All statements, other than statements of historical fact, constitute forward-looking statements or forward-looking information. Such forward-looking information and statements are frequently identified by words such as "may," "will," "should," "anticipate," "plan," "expect," "believe," "estimate," "intend" and similar terminology, and reflect assumptions, estimates, opinions and analysis made by management of Grizzly in light of its experience, current conditions, expectations of future developments and other factors which it believes to be reasonable and relevant. Forward-looking information and statements involve known and unknown risks and uncertainties that may cause Grizzly's actual results, performance and achievements to differ materially from those expressed or implied by the forward-looking information and statements and accordingly, undue reliance should not be placed thereon.

Risks and uncertainties that may cause actual results to vary include but are not limited to the availability of financing; fluctuations in commodity prices; changes to and compliance with applicable laws and regulations, including environmental laws and obtaining requisite permits; political, economic and other risks; as well as other risks and uncertainties which are more fully described in our annual and quarterly Management's Discussion and Analysis and in other filings made by us with Canadian securities regulatory authorities and available at www.sedar.com. Grizzly disclaims any obligation to update or revise any forward-looking information or statements except as may be required by law.

¹ Cobalt's Price Rises Highlight Shift to Battery-Driven Pricing Dynamics, Benchmark Mineral Intelligence, November 19^th, 2021

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/96661

Vancouver, British Columbia–(Newsfile Corp. – September 15, 2021) – Canterra Minerals Corporation (TSXV: CTM) (OTCQB: CTMCF) ("Canterra" or the "Company") is pleased to announce the definition of several new drill targets stemming from the results of the summer 2021 exploration program at the Wilding Gold project ("Wilding"). Canterra now looks towards the start of its fall drill program to test these new targets.

Highlights:

• Surface rock and trench sampling has identified new drill targets in the vicinity the Red Ochre and Elm gold zones

  • Six grab samples collected approximately 175 m northeast of the Elm Zone assayed between 0.06 g/t Au and 4.61 g/t Au

  • At Red Ochre, grab and trench samples outline two clusters of gold mineralization, with values up to 0.8 g/t Au, located approximately 130 m to the south and 200 m to the southwest of the main Red Ochre Zone

• Initial assay results from till sampling has identified a new gold target in the northeast of Wilding with two samples returning 113 and 134 ppb Au and nine samples assaying greater than 20 ppb Au

• 4 new drill targets identified through mapping and geophysical interpretation in combination with ground truthing over the summer

"Our summer exploration program has been critical for evaluating the prospectivity of the Wilding and Noel-Paul projects. Prospecting and trenching around the Red Ochre target has showed that gold mineralization is extensive within the volcanic units, with gold grades within the broader Red Ochre target area in the same order of magnitude as those from the original Red Ochre discovery trench. We now have clear drill targets that will aim to expand the Red Ochre Zone this fall," stated Chris Pennimpede, President & CEO of Canterra.

Canterra Minerals will host a live webinar with Adelaide Capital September 20, 2021:
https://us02web.zoom.us/webinar/register/WN_oRoxv8JCSSqGHJdqmY-d3g

Red Ochre and Elm Zone Targets
Trenching at Red Ochre has identified strongly altered and mineralized feldspar porphyry with channel samples one metre in length returning up to 0.8 g/t Au. This trench extends known Red Ochre mineralization 130m southwest of the original 2017 discovery trench. Prospecting of high priority targets outlined by GoldSpot Discoveries Corp. (see news release, July 14, 2021) has identified three zones of gold-bearing float, two of which have been located near the Red Ochre Zone, and one cluster of five boulders lies approximately 200m to the southwest. Gold values for five grab samples ranged from 0.05 g/t Au to 0.62 g/t Au. The second cluster of six boulders lies about 150m south of Red Ochre and approximately 150m east of the first cluster. Grab samples from the six boulders assayed from trace to 0.46 g/t Au. These results are consistent with reported values from the 2017 and 2021 diamond-drill programs (see news release, April 28, 2021), and extend the Red Ochre target by several hundred metres to the south-southwest.

At the Elm Zone, a cluster of gold-bearing boulders was located approximately 120m northeast of the original Elm Zone trench, in an area where thick till prevented historic trenching from exposing bedrock. Gold results from 5 grab samples returned gold values ranging from trace to 4.6 g/t Au. The closest drill hole (WL-21-44) lies approximately 100m to the southwest. These new boulders extend the Elm target area approximately 150m to the northeast and provide additional support for historical gold-in-till in the same area.

New Gold Target
Initial assay results from 214 till samples identified a new gold target in the northeast portion of the Wilding property, with nine of the samples assaying greater than 20 ppb Au, and two samples returning 113 and 134 ppb Au. Based on the interpretation of the airborne magnetics, this new target may represent the northeastern extension of the Valentine Lake Shear Zone, the major structure controlling mineralization at the adjacent Valentine Gold Project (Marathon Gold). Follow-up will test for structurally-controlled mineralization based on this hypothesis. These 214 samples represent a portion of the 1,219 till samples that have been collected from the Wilding and East Alder areas during the summer of 2021. The majority of the sample assay results are still pending (1,005 samples).

Figure 1 – Map of the central part of the Wilding gold project with rock sample results from summer 2021 field work

To view an enhanced version of Figure 1, please visit:
https://orders.newsfilecorp.com/files/8054/96560_3874f6ce64ee19ea_001full.jpg

The scientific and technical content and interpretations contained in this news release have been reviewed, verified and approved by Dr. Luke Longridge, Canterra's Vice President of Exploration, PhD, P.Geo., a Qualified Person as defined by NI 43-101.

About Canterra Minerals

Canterra is earning a 100% interest in the Wilding and Noel Paul Gold Projects, located 50km south, by logging road, from Millertown and directly northeast of Marathon Gold's Valentine Lake Gold Project in Central Newfoundland. The 285km² property package includes 50km of the northeastern strike-extension of the Rogerson Lake Structural Corridor, which hosts Marathon Gold's Valentine Lake deposits, Matador Mining's Cape Ray deposit, Sokoman's Moosehead discovery and TRU Precious Metals' Golden Rose and Twilight discoveries. A $2.75 million exploration program is underway, focusing on drilling and surface exploration on the Wilding Gold Project. This program will include additional diamond drilling on the existing zones and follow up trenching and diamond drilling on numerous targets identified from previous soil geochemistry sampling. Canterra's team has more than 100 years of experience searching for gold and diamonds in Canada and have been involved in the discovery of the Snap Lake diamond mine, in addition to the discovery of the Blackwater Gold deposit in British Columbia, Canada.

ON BEHALF OF THE BOARD OF CANTERRA MINERALS CORPORATION

Chris Pennimpede
President & CEO
Additional information about the Company is available at www.canterraminerals.com
For further information, please contact: +1 (604) 687-6644
Email: info@canterraminerals.com

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

Cautionary Note Regarding Forward-Looking Information
This press release contains statements that constitute "forward-looking information" (collectively, "forward-looking statements") within the meaning of the applicable Canadian securities legislation. All statements, other than statements of historical fact, are forward-looking statements and are based on expectations, estimates and projections as at the date of this news release. Any statement that discusses predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as "expects", or "does not expect", "is expected", "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 statements. Consequently, there can be no assurances that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Except to the extent required by applicable securities laws and the policies of the TSX Venture Exchange, the Company undertakes no obligation to update these forward-looking statements if management's beliefs, estimates or opinions, or other factors, should change. Factors that could cause future results to differ materially from those anticipated in these forward-looking statements include risks associated possible accidents and other risks associated with mineral exploration operations, the risk that the Company will encounter unanticipated geological factors, the possibility that the Company may not be able to secure permitting and other governmental clearances necessary to carry out the Company's exploration plans, the risk that the Company will not be able to raise sufficient funds to carry out its business plans, and the risk of political uncertainties and regulatory or legal changes that might interfere with the Company's business and prospects.; the business and operations of the Company; unprecedented market and economic risks associated with current unprecedented market and economic circumstances due to the COVID-19 pandemic, as well as those risks and uncertainties identified and reported in the Company's public filings under its respective SEDAR profile at www.sedar.com. Accordingly, readers should not place undue reliance on the forward-looking statements and information contained in this press release. Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward-looking statements to reflect actual results, whether as a result of new information, future events, changes in assumptions, changes in factors affecting such forward-looking statements or otherwise.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/96560

VANCOUVER, BC / ACCESSWIRE / September 15, 2021 / Granite Creek Copper Ltd. (TSX.V:GCX)(OTCQB:GCXXF) ("Granite Creek" or the "Company") is pleased to announce the successful completion of Phase 2 of its 2021 drilling program, consisting of 20 holes of reverse circulation ("RC") drilling on Zones 2, 5 and 12 at the Carmacks deposit, as well as step-out drilling at Zone A in the Carmacks North target area. The Company has now launched the third and final phase of the 2021 drill campaign, returning to Zone 2000S at the Carmacks deposit to complete offsets of hole CRM21-011 where the Company intercepted a 105.52-meter interval of copper sulphide mineralization grading 1.18% CuEq (0.96% Cu, 0.01% Mo, 0.18 g/t Au, and 4.06 g/t Ag), including a high-grade intercept of 2.55% CuEq (2.17% Cu, 0.01% Mo, 0.36 g/t Au and 9.13 g/t Ag) over 21.22 meters (see news release dated August 24, 2021). The goal of Phase 3 is to continue to expand known resources and confirm the geometry in Zone 2000S to support the development of a mine plan for the sulphide portion of the deposit now underway by Sedgman and Mining Plus.

Granite Creek drilled 19 diamond core holes in the first phase of 2021 drilling, with assays from 9 holes released to date and results from the remaining 10 holes expected in the near term. Samples from the RC program have been sent for assay and will be announced over the next quarter as they become available.

Granite Creek President & CEO, Tim Johnson, commented, "We are very pleased with our 2021 exploration season to date and are excited to enter the final phase of drilling for the year. Given the very strong results we have seen from the first phase of diamond drilling and the positive implications we expect them to have for our resource expansion efforts, the Company adjusted the third phase to return to Zone 2000S where we see substantial opportunity to define additional new areas of mineralization outside the current resource model. Bringing this sulphide material into the model is expected to increase the current NI 43-101 mineral resource estimate in our planned update, with a view to a potentially significant extension of the projected mine life in an updated PEA for Q1 2022. We look forward to continued, substantive news flow throughout the remainder of the year and into 2022."

Figure 1 – First hole of Phase 3 drill program ready for logging at the Carmacks Project, September 2021

Live Webinar

Granite Creek Copper will be hosting a live webinar with Q&A on Tuesday, September 21 at 9 am Pacific Time. President & CEO, Tim Johnson, will provide a brief overview of the Carmacks Copper-Gold project, followed by an update on progress and discussion of the Company's near and longer-term development plans. To register, please click here.

About Granite Creek Copper

Granite Creek, a member of the Metallic Group of Companies, is a Canadian exploration company focused on the 176 square kilometer Carmacks project in the Minto copper district of Canada's Yukon Territory. The project is on trend with the high-grade Minto copper-gold mine, operated by Minto Explorations Ltd, to the north, and features excellent access to infrastructure with the nearby paved Yukon Highway 2, along with grid power within 12 km. More information about Granite Creek Copper can be viewed on the Company's website at www.gcxcopper.com.

Qualified Person

Ms. Debbie James, P.Geo., a qualified person for the purposes of National Instrument 43-101, has reviewed and approved the technical disclosure contained in this news release.

FOR FURTHER INFORMATION PLEASE CONTACT:

Timothy Johnson, President & CEO
Telephone: 1 (604) 235-1982
Toll-Free: 1 (888) 361-3494
E-mail: info@gcxcopper.com
Website: www.gcxcopper.com
Metallic Group: www.metallicgroup.ca

Forward-Looking Statements

This news release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts including, without limitation, statements regarding potential mineralization, historic production, estimation of mineral resources, the realization of mineral resource estimates, interpretation of prior exploration and potential exploration results, the timing and success of exploration activities generally, the timing and results of future resource estimates, permitting time lines, metal prices and currency exchange rates, availability of capital, government regulation of exploration operations, environmental risks, reclamation, title, and future plans and objectives of the company are forward-looking statements that involve various risks and uncertainties. Although Granite Creek Copper believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Forward-looking statements are based on a number of material factors and assumptions. Factors that could cause actual results to differ materially from those in forward-looking statements include failure to obtain necessary approvals, unsuccessful exploration results, changes in project parameters as plans continue to be refined, results of future resource estimates, future metal prices, availability of capital and financing on acceptable terms, general economic, market or business conditions, risks associated with regulatory changes, defects in title, availability of personnel, materials and equipment on a timely basis, accidents or equipment breakdowns, uninsured risks, delays in receiving government approvals, unanticipated environmental impacts on operations and costs to remedy same, and other exploration or other risks detailed herein and from time to time in the filings made by the companies with securities regulators. Readers are cautioned that mineral resources that are not mineral reserves do not have demonstrated economic viability. Mineral exploration and development of mines is an inherently risky business. Accordingly, the actual events may differ materially from those projected in the forward-looking statements. For more information on Granite Creek Copper and the risks and challenges of their businesses, investors should review their annual filings that are available at www.sedar.com.

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.

SOURCE: Granite Creek Copper Ltd.

View source version on accesswire.com:
https://www.accesswire.com/664162/Granite-Creek-Copper-Launches-Phase-3-of-2021-Drill-Program-at-Carmacks-Copper-Gold-Project

Shares Outstanding: 277,741,117
Trading Symbols: TSX: GGD
OTCQX: GLGDF

HALIFAX, NS, Sept. 15, 2021 /CNW/ – GoGold Resources Inc. (TSX: GGD) (OTCQX: GLGDF) ("GoGold", "the Company") is pleased to release the results of 8 new drill holes from the El Favor East zone and 1 drill hole from El Favor, both in the Los Ricos North project. Drill hole LRGF-21-066 intersected 0.8m of 2,274 g/t silver equivalent ("AgEq"), within 108.0m of 59 g/t AgEq. Drill hole LRGF-21-069 intersected 58.8m of 111 g/t AgEq, including 4.8m of 551 g/t AgEq. See Table 1 for breakdown of silver and gold values.

"Hole 72 is our most easterly hole released to date and extends the mineralization 300m to the east from discovery hole 48," said Brad Langille, President and CEO. "We have redirected drills to El Favor East as we aim to include a portion of El Favor East in our upcoming initial Los Ricos North resource."

Table 1: Drill Hole Intersections

The exploration team has been moving east of El Favor with drilling in 25m stepouts in the eastern end of El Favor, beginning with discovery hole 48, and continuing to intersect wide strong mineralization. This area is known as the El Favor East zone, and a mapping program has extended the presence of mineralization 900m to the east of hole 48 (El Favor East zone discovery hole), as shown in Figure 2. To date, 300m of El Favor East has been drilled showing the strong mineralization.

Three of the four major veins (Salomon, Guitarrillas and Los Chivos) appear to converge into a 100m wide zone at the western end of the El Favor deposit in the vicinity of the Hundido Pit at an elevation of 1300m. The wallrock in between the veins is strongly silicified, altered and mineralized. The merging of these veins continue to provide significant widths of good grade which could be potentially amenable to bulk mining.

The El Orito deposit (as presently defined) is located about 800 metres along strike to the west of the Hundido Pit (see Figure 3). Wide zones of precious and base metal mineralization were cut by drill holes at El Orito at elevations between 600 to 800m. Geological mapping, sampling and Induced Polarization ("IP") surveying programs in the area between El Orito and El Favor are underway.

Table 2: Drill Hole Locations

VRIFY Slide Deck and 3D Presentation

VRIFY is a platform being used by companies to communicate with investors using 360° virtual tours of remote mining assets, 3D models and interactive presentations. VRIFY can be accessed by website and with the VRIFY iOS and Android apps.

Access the GoGold Company Profile on VRIFY at: https://vrify.com

The VRIFY Slide Deck and 3D Presentation for GoGold can be viewed at: https://vrify.com/decks/10437 and on the Company's website at: www.gogoldresources.com.

Los Ricos District Exploration Projects

The Company's two exploration projects at its Los Ricos property are in Jalisco state, Mexico. The Los Ricos South Project began in March 2019 and an initial resource was announced on July 29, 2020 which indicated a Measured & Indicated Mineral Resource of 63.7 million ounces AgEq grading 199 g/t AgEq contained in 10.0 million tonnes, and an Inferred Resource of 19.9 million ounces AgEq grading 190 g/t AgEq contained in 3.3 million tonnes. An initial PEA on the project was announced on January 20, 2021 indicating an NPV_5% of US$295M.

The Los Ricos North Project was launched in March 2020 and includes drilling at the El Favor, La Trini, Casados and El Orito targets. During 2020, GoGold's exploration team identified over 100 targets on the Los Ricos North properties, demonstrating the significant exploration potential. The Company plans to drill 10 of these targets as part of its 2021 drilling program which is planned to exceed 100,000 metres of drilling and will be one of the largest in Mexico.

Procedure, Quality Assurance / Quality Control and Data Verification
The diamond drill core (HQ size) is geologically logged, photographed and marked for sampling. When the sample lengths are determined, the full core is sawn with a diamond blade core saw with one half of the core being bagged and tagged for assay. The remaining half portion is returned to the core trays for storage and/or for metallurgical test work.

The sealed and tagged sample bags are transported to the ActLabs facility in Zacatecas, Mexico. ActLabs crushes the samples and prepares 200-300 gram pulp samples with ninety percent passing Tyler 150 mesh (106μm). The pulps are assayed for gold using a 50-gram charge by fire assay (Code 1A2-50) and over limits greater than 10 grams per tonne are re-assayed using a gravimetric finish (Code 1A3-50). Silver and multi-element analysis is completed using total digestion (Code 1F2 Total Digestion ICP). Over limits greater than 100 grams per tonne silver are re-assayed using a gravimetric finish (Code 8-Ag FA-GRAV Ag).

Quality assurance and quality control ("QA/QC") procedures monitor the chain-of-custody of the samples and includes the systematic insertion and monitoring of appropriate reference materials (certified standards, blanks and duplicates) into the sample strings. The results of the assaying of the QA/QC material included in each batch are tracked to ensure the integrity of the assay data. All results stated in this announcement have passed GoGold's QA/QC protocols.

Mr. David Duncan, P. Geo. is the qualified person as defined by National Instrument 43-101 and is responsible for the technical information of this release.

About GoGold Resources
GoGold Resources (TSX: GGD) is a Canadian-based silver and gold producer focused on operating, developing, exploring and acquiring high quality projects in Mexico. The Company operates the Parral Tailings mine in the state of Chihuahua and has the Los Ricos South and Los Ricos North exploration projects in the state of Jalisco. Headquartered in Halifax, NS, GoGold is building a portfolio of low cost, high margin projects. For more information visit gogoldresources.com.

CAUTIONARY STATEMENT:
The securities described herein have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act"), or any state securities laws, and may not be offered or sold within the United States or to, or for the benefit of, U.S. persons (as defined in Regulation S under the U.S. Securities Act) except in compliance with the registration requirements of the U.S. Securities Act and applicable state securities laws or pursuant to exemptions therefrom. This release does not constitute an offer to sell or a solicitation of an offer to buy of any of GoGold's securities in the United States.

This news release may contain "forward-looking information" as defined in applicable Canadian securities legislation. All statements other than statements of historical fact, included in this release, including, without limitation, statements regarding the Los Ricos South and North projects, and future plans and objectives of GoGold, including the intention to undertake further exploration at Los Ricos North, and the prospect of further discoveries there, constitute forward looking information that involve various risks and uncertainties. Forward-looking information is based on a number of factors and assumptions which have been used to develop such information but which may prove to be incorrect, including, but not limited to, assumptions in connection with the continuance of GoGold and its subsidiaries as a going concern, general economic and market conditions, mineral prices, the accuracy of mineral resource estimates, and the performance of the Parral project. There can be no assurance that such information will prove to be accurate and actual results and future events could differ materially from those anticipated in such forward-looking information.

Important factors that could cause actual results to differ materially from GoGold's expectations include exploration and development risks associated with GoGold's projects, the failure to establish estimated mineral resources or mineral reserves, volatility of commodity prices, variations of recovery rates, and global economic conditions. For additional information with respect to risk factors applicable to GoGold, reference should be made to GoGold's continuous disclosure materials filed from time to time with securities regulators, including, but not limited to, GoGold's Annual Information Form. The forward-looking information contained in this release is made as of the date of this release.

View original content to download multimedia:https://www.prnewswire.com/news-releases/gogold-drills-2-274-gt-ageq-over-0-8m-and-58-8m-of-111-gt-ageq-at-el-favor-east-in-los-ricos-north-301377159.html

SOURCE GoGold Resources Inc.

View original content to download multimedia: http://www.newswire.ca/en/releases/archive/September2021/15/c3561.html

Figure 1.

Fenelon Gold, Plan View

Figure 2.

Fenelon Gold, Tabasco-Cayenne-Gabbro Zones Long Section

Figure 3.

Figure 3. Fenelon Gold, Cross Section 9500_E

TORONTO, Sept. 15, 2021 (GLOBE NEWSWIRE) — Wallbridge Mining Company Limited (TSX:WM) (“Wallbridge” or the “Company”) is pleased to announce that exploration drilling on the Fenelon Gold Property (“Fenelon” or the “Property”) continues to successfully expand gold mineralization with high-grade intersections at both the eastern and northwestern edges of the area tested by resource drilling to date.

In the northwest, exploration drilling has successfully expanded the footprint of Area 51, with near surface intersections including 11.60 g/t Au over 14.05 metres in FA-21-297.

In the east, exploration drilling to follow-up the discovery hole of the Gabbro Zones, East Extension (17.79 g/t Au over 16.60 metres in drill hole FA-21-219, see Wallbridge news release dated April 29, 2021), has confirmed the presence of strong gold mineralization, with the first follow-up hole (FA-21-305) returning 9.00 g/t Au over 10.00 metres. Assays for the remaining three holes drilled to the east are pending.

“We continue to be impressed by the expansion potential at Fenelon and are now, with all drilling required for our maiden mineral resource estimate (“MMRE”) completed, excited to ramp-up our exploration drilling efforts to confirm extensions of known gold zones and to discover new zones. The drilling results in this news release represent high-grade gold mineralization on the edges of our known mineralized footprint and highlight the excellent potential for future resource growth at Fenelon,” stated Marz Kord, President & CEO of Wallbridge.

The MMRE for Fenelon, along with the updated resource estimate for Martiniere, are well underway and nearing completion. The prolonged assay turn-around times due to high volumes experienced industry-wide has delayed the receipt of critical assay results in support of the MMRE. The Company now expects to announce the mineral resource statements by the end of October.

With the resource drilling in support of the MMRE completed, Wallbridge has ramped up its exploration program at Fenelon to continue expanding the footprint of the known gold system and discover additional gold zones in the vicinity of the Fenelon deposit. Regional drilling on the Company’s extensive, underexplored land package is also underway with two drill rigs currently focusing on resource expansion drilling at Martiniere and testing grassroots exploration targets on the adjacent Casault Property (see Wallbridge news release dated July 22, 2021).

Area 51, Exploration Drill Results

Exploration drilling continues to expand the footprint of Area 51, especially toward the west-northwest, where much of the major host rock, the Jeremie Diorite, remains untested. The following two recent highlight intersections from this area occur near surface, at vertical depths of 35-45 metres (FA-21-297) and 110-115 metres (FA-21-272):

Gabbro Zones, East Extension, Exploration Drill Results

Four drill holes were drilled this summer to follow-up on the Gabbro Zones, East Extension discovery in drill hole FA-21-219, which yielded 17.79 g/t Au over 16.60 metres (see Wallbridge news release dated April 29, 2021). All of the holes intersected alteration and mineralization characteristic of the gold-bearing system.

Assay results of an intersection in the first follow-up drill hole (FA-21-305), representing an approximately 120-metre overcut to the original FA-21-219 discovery, confirm the presence of a high-grade mineralized zone in this area:

Assay results for the other three holes are still pending.

2021 Drilling Program Update

In 2021, the Company is planning to complete between 150,000 to 170,000 metres of drilling, including 20,000 to 25,000 metres devoted to regional exploration on the Company’s district-scale, underexplored land package on the Detour-Fenelon Gold Trend.

Assay results of eight drill holes of the 2021 exploration drill program are reported in the Table and Figures below. All figures and a table with drill hole information of recently completed holes are posted on the Company’s website under “Current Program” at https://www.wallbridgemining.com/s/fenelon.asp.

Graphics accompanying this announcement are available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/928932c6-f3d2-48ca-ae85-803bdb12dbc7

https://www.globenewswire.com/NewsRoom/AttachmentNg/044f1c8c-a403-4997-8dc9-a4d416678a47

https://www.globenewswire.com/NewsRoom/AttachmentNg/b71056ed-ed0d-421b-a859-373ebd9817a8

⁽¹⁾ Table includes only assay results received since the latest press release dated August 5, 2021.
⁽²⁾ Au cut at: 100 g/t Au for the Tabasco/Contact zones; 60 g/t Au for the Cayenne zones; 50 g/t Au for the Area 51 zones.
⁽³⁾ Intervals containing visible gold ("VG").
⁽⁴⁾ Metal factor of at least 5 g/t*m and minimum weighted average composite grade of 1 g/t Au.

Note: True widths are estimated to be 50‒80% of the reported core length intervals.

Assay QA/QC and Qualified Persons

Drill core samples from the ongoing 2021 drill program at Fenelon are cut and bagged either on site or by contractors and transported to SGS Canada Inc., AGAT Laboratories Ltd. or Bureau Veritas Commodities Canada Ltd. for analysis. In 2020 samples were submitted to either SGS Canada Inc. or ALS Canada Ltd. for analysis. Samples, along with standards and blanks that are included for quality assurance and quality control, were prepared and analyzed at the laboratories. Samples are crushed to 90% less than 2mm. A 1kg riffle split is pulverized to 85% passing 75 microns. 50g samples are analyzed by fire assay and AAS. At SGS, AGAT and Bureau Veritas samples >10g/t Au are automatically analyzed by fire assay with gravimetric finish or screen metallic analysis. To test for coarse free gold and for additional quality assurance and quality control, Wallbridge requests screen metallic analysis for samples containing visible gold. These and future assay results may vary from time to time due to re‒analysis for quality assurance and quality control.

The Qualified Person responsible for the technical content of this press release is Peter Lauder, P.Geo, Exploration Manager of Wallbridge.

About Wallbridge Mining

Wallbridge is currently advancing the exploration and development of its 100%‒owned Fenelon Gold property which is located along the Detour‒Fenelon Gold Trend, an emerging gold belt in northwestern Québec. The Company completed approximately 102,000 metres of drilling in 2020 and currently conducting a fully‒funded 2021 program of approximately 150,000 to 170,000 metres of drilling and 2,500 metres of underground exploration development (Phase 1 of a 10,000‒metre program). The Company intends to complete a maiden mineral resource estimate on the Fenelon Gold System in October, 2021.

Wallbridge now holds several kilometres surrounding its rapidly expanding Fenelon discovery providing room for growth, as well as future mine development flexibility. Wallbridge's land holdings in Québec along the Detour‒Fenelon Gold Trend are over 900.0 km², improving Wallbridge's potential for further discoveries for over 90‒kilometre strike length in this underexplored belt.

Wallbridge is also the operator of, and a 17.8% shareholder in, Lonmin Canada Inc., a privately‒held company with a portfolio of nickel, copper, and platinum‒group metals (PGM) projects in Ontario's Sudbury Basin.

This news release has been authorized by the undersigned on behalf of Wallbridge Mining Company Limited.

For further information please visit the Company's website at www.wallbridgemining.com or contact:

Wallbridge Mining Company Limited

Marz Kord, P. Eng., M. Sc., MBA
President & CEO
Tel: (705) 682‒9297 ext. 251
Email: mkord@wallbridgemining.com

Victoria Vargas, B.Sc. (Hon.) Economics, MBA
Investor Relations Advisor
Email: vvargas@wallbridgemining.com

This press release may contain certain “forward‒looking statements” within the meaning of applicable Canadian securities legislation relating to, among other things, the operations of Wallbridge Mining Company Limited (“Wallbridge” or “Company”) and the environment within which it operates. All statements, other than statements of historical fact, included herein, including, without limitation, statements regarding future plans and objectives of Wallbridge, future opportunities and anticipated goals, the Company’s portfolio, treasury, management team, timetable to mineral resource estimation, permitting and the prospective mineralization of the properties, are forward‒looking statements that involve various risks, assumptions, estimates and uncertainties. Generally, forward‒looking information can be identified by the use of forward‒looking terminology 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”. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements.

By their nature, forward‒looking statements involve numerous assumptions, inherent risks and uncertainties, both general and specific, that contribute to the possibility that the predicted outcomes could differ materially from those contained in such statements. These risks and uncertainties include, but are not limited to, delays in obtaining or failures to obtain required governmental, regulatory, environmental or other required approval, the actual results of current exploration activities, fluctuations in prices of commodities, fluctuations in currency markets, actual results of additional exploration and development activities at the Company’s projects, capital expenditures, the availability of any additional capital required to advance projects, accidents, or pandemic interruptions.

Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward‒looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. These statements reflect the current internal projections, expectations or beliefs of the Company and are based on information currently available to the Company.

The Company does not undertake to update any forward‒looking information, except in accordance with applicable securities laws. The Company believes that the expectations reflected in those forward‒looking statements are reasonable but no assurance can be given that these expectations will prove to be correct and such forward‒looking statements included in this press release should not be unduly relied upon by investors as actual results may vary.

Risks and uncertainties about Wallbridge’s business are more fully discussed in the disclosure material filed with the securities regulatory authorities in Canada and available on SEDAR under the Company’s profile at www.sedar.com. Readers are urged to read these materials and should not place undue reliance on the forward‒looking statements contained in this press release.

Covid‒19 ‒ Given the rapidly evolving nature of the Coronavirus (COVID‒19) pandemic, Wallbridge is actively monitoring the situation in order to continue to maintain as best as possible the activities while striving to protect the health of its personnel. Wallbridge' activities will continue to align with the guidance provided by local, provincial and federal authorities in Canada. The Company has established measures to continue normal activities while protecting the health of its employees and stakeholders. Depending on the evolution of the virus, measures may affect the regular operations of Wallbridge and the participation of staff members in events inside or outside Canada.

(Bloomberg) — The Canadian firm behind the world’s only physical uranium fund said hedge funds and family offices are driving up demand for the radioactive metal used to fuel nuclear reactors.

The Sprott Physical Uranium Trust has itself been on a buying spree, bolstering its stockpile by 45% in four weeks after snapping up 8.1 million pounds of the commodity as prices surged. Uranium has soared 40% this month, putting pressure on utility owners and other users when supplies are dwindling and demand is poised to take off with more reactors being built around the world.

“I don’t think we’re crowding them out,” said John Ciampaglia, chief executive officer of Sprott Asset Management, which oversees the trust. “You’ve got end users that are trying to buy materials, you’ve got speculators and financial intermediaries in the market as well.”

Investment demand from non-utility buyers such as hedge funds and family offices has been strong this year, even before Sprott Inc.’s asset-management unit launched the trust on July 19, according to Ciampaglia. A few uranium development companies bought the physical commodity after raising equity in the capital markets rather than parking the proceeds into cash, he said.

Still, Sprott’s trust holds about 26 million pounds of uranium, equal to about 14% of the annual consumption from the world’s nuclear reactors. The closed-end fund was formed out of an April takeover of Uranium Participation Corp., which held 18 million pounds of uranium, and its trust units trade on the Toronto Stock Exchange. The units have jumped 41% this month, tracking uranium’s surge. The fund invests and holds substantially all of its assets in uranium, which is stored in highly secured facilities in Canada, France and the U.S.

Historically low prices and pandemic-driven mine disruptions have prompted uranium producers including Cameco Corp. to buy from the spot market to fulfill their long-term contracts with consumers. That means stockpiling by the Sprott fund may have the potential for tightening the market and boosting prices.

The robust investment demand is built on a growing realization that nuclear power is becoming more accepted by policymakers worldwide as a way to limit greenhouse-gas emissions, Ciampaglia said.

“That’s something that’s just recent, and you’re seeing this from the Biden administration acknowledging and providing support for nuclear,” he said. “And the European Union clearly identifies nuclear as part of the taxonomy.”

Uranium is also getting a boost from generalist investors who are seeking investments that meet environmental, social and governance criteria or support the energy shift away from fossil fuels, he said.

Then there’s the recent buzz from retail investors, with uranium becoming a recent target of the meme-stock frenzy that share tips on Reddit message boards. Cameco, the world’s second-largest uranium miner, was the most searched stock symbol on Monday, according to WallStreetBets Ticker Sentiment.

Reddit day-traders “seem to be into it,” Bloomberg Intelligence analyst Eric Balchunas said. “When you have something that’s starting to surge that’s been beaten for 10 years and there’s some more room to run potentially, I think that’s what they’re trying to do.”

More stories like this are available on bloomberg.com

Subscribe now to stay ahead with the most trusted business news source.

©2021 Bloomberg L.P.

VANCOUVER, British Columbia, Sept. 15, 2021 (GLOBE NEWSWIRE) — Skyharbour Resources Ltd. (TSX-V: SYH) (OTCQB: SYHBF) (Frankfurt: SC1P) (the “Company”) is pleased to announce it has it has received an aggregate CAD $584,995 from the exercise of share purchase warrants and stock options since its news release dated August 11^th, 2021. A total of 2,191,111 warrants and stock options have been exercised with a batch of options expiring on Sept. 29^th.

The Company has also entered into an agreement with Think Inc. to provide strategic digital media and consulting services to the Company. Think Inc. delivers services to a diverse group of clients across North America, providing strategic digital media services, marketing and data analytic services. The Company and Think Inc. act at arm’s length. Under the terms of the agreement, Think Inc. will provide strategic digital media services including marketing services, news dissemination, data analytics services, content development, media buying and distribution, campaign reporting and optimization, as well as potentially attracting option / joint venture partners for business opportunities. The Company has agreed to pay Think Inc. a total initial cost of USD $300,000 over an expected 6-month period.

About Skyharbour Resources Ltd.:

Skyharbour holds an extensive portfolio of uranium exploration projects in Canada's Athabasca Basin and is well positioned to benefit from improving uranium market fundamentals with six drill-ready projects covering over 250,000 hectares of land. Skyharbour has acquired from Denison Mines, a large strategic shareholder of the Company, a 100% interest in the Moore Uranium Project which is located 15 kilometres east of Denison's Wheeler River project and 39 kilometres south of Cameco's McArthur River uranium mine. Moore is an advanced stage uranium exploration property with high grade uranium mineralization at the Maverick Zone that returned drill results of up to 6.0% U₃O₈ over 5.9 metres including 20.8% U₃O₈ over 1.5 metres at a vertical depth of 265 metres. The Company is actively advancing the project through drill programs.

Skyharbour has a joint-venture with industry-leader Orano Canada Inc. at the Preston Project whereby Orano has earned a 51% interest in the project through exploration expenditures and cash payments. Skyharbour now owns a 24.5% interest in the Project. Skyharbour also has a joint-venture with Azincourt Energy at the East Preston Project whereby Azincourt has earned a 70% interest in the project through exploration expenditures, cash payments and share issuance. Skyharbour now owns a 15% interest in the Project. Preston and East Preston are large, geologically prospective properties proximal to Fission Uranium's Triple R deposit as well as NexGen Energy's Arrow deposit.

The Company also owns a 100% interest in the South Falcon Uranium Project on the eastern perimeter of the Basin, which contains a NI 43-101 inferred resource totaling 7.0 million pounds of U₃O₈ at 0.03% and 5.3 million pounds of ThO₂ at 0.023%. Skyharbour has signed a Definitive Agreement with ASX-listed Valor Resources on the Hooke Lake (previously North Falcon Point) Uranium Project whereby Valor can earn-in 80% of the project through $3,500,000 in total exploration expenditures, $475,000 in total cash payments over three years and an initial share issuance.

Skyharbour's goal is to maximize shareholder value through new mineral discoveries, committed long-term partnerships, and the advancement of exploration projects in geopolitically favourable jurisdictions.

Skyharbour’s Uranium Project Map in the Athabasca Basin:
http://skyharbourltd.com/_resources/maps/SYH-Athabasca-Map.jpg

Qualified Person:

The technical information in this news release has been prepared in accordance with the Canadian regulatory requirements set out in National Instrument 43-101 and reviewed and approved by Richard Kusmirski, P.Geo., M.Sc., Skyharbour’s Head Technical Advisor and a Director, as well as a Qualified Person.

To find out more about Skyharbour Resources Ltd. (TSX-V: SYH) visit the Company’s website at www.skyharbourltd.com.

SKYHARBOUR RESOURCES LTD.

“Jordan Trimble”
____________________________________
Jordan Trimble
President and CEO

For further information contact myself or:
Riley Trimble
Corporate Development and Communications
Skyharbour Resources Ltd.
Telephone: 604-687-3376
Toll Free: 800-567-8181
Facsimile: 604-687-3119
Email: info@skyharbourltd.com

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS NEWS RELEASE.

This release includes certain statements that may be deemed to be "forward-looking statements". All statements in this release, other than statements of historical facts, that address events or developments that management of the Company expects, are forward-looking statements. Although management believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, and actual results or developments may differ materially from those in the forward-looking statements. The Company undertakes no obligation to update these forward-looking statements if management's beliefs, estimates or opinions, or other factors, should change. Factors that could cause actual results to differ materially from those in forward-looking statements, include market prices, exploration and development successes, continued availability of capital and financing, and general economic, market or business conditions. Please see the public filings of the Company at www.sedar.com for further information.

Earnings acceleration is the incremental growth in a company’s earnings per share. In other words, if the rate of a company’s quarter-over-quarter earnings growth increases within a stipulated frame of time, it can be called earnings acceleration.

In case of earnings growth, you pay for something that is already reflected in the stock price. But earnings acceleration helps spot stocks that haven’t caught the attention of investors yet, which once secured will invariably lead to a rally in the share price. This is because earnings acceleration considers both direction and magnitude of growth rates.

Notably, increasing percentage of earnings growth means that the company is fundamentally sound and has been on the right track for a considerable period of time. Meanwhile, a sideways percentage of earnings growth indicates a period of consolidation or slowdown, while a decelerating percentage of earnings growth may at times drag prices down.

Screening Parameters

Let’s look at stocks for which the last two quarter-over-quarter percentage EPS growth rates exceed the growth rates of the previous periods. The projected quarter-over-quarter percentage EPS growth rates are also expected to be higher than the previous periods’ growth rates.

EPS % Projected Growth (Q1)/(Q0) greater than EPS % Growth (Q0)/(Q-1): The projected growth rate for the current quarter (Q1) over the completed quarter (Q0) has to be greater than the growth rate from the completed quarter (Q0) over one quarter ago (Q-1).

EPS % Growth (Q0)/(Q-1) greater than EPS % Growth (Q-1)/(Q-2): The growth rate for the completed quarter (Q0) over one quarter ago (Q-1) has to be greater than the growth rate from one quarter ago (Q-1) over two quarters ago (Q-2).

EPS % Growth (Q-1)/(Q-2) greater than EPS % Growth (Q-2)/(Q-3): The growth rate from one quarter ago (Q-1) over two quarters ago (Q-2) has to be greater than the growth rate from two quarters ago (Q-2) over three quarters ago (Q-3).

In addition to this, we have added the following parameters:

Current Price greater than or equal to $5: This screens out low-priced stocks.

Average 20-day volume greater than or equal to 50,000: High trading volume implies that the stocks have adequate liquidity.

The above criteria narrowed down the universe of around 7,735 stocks to only three stocks that stand out:

Steven Madden, Ltd. SHOO designs, sources, markets and sells fashion-forward name brand and private label footwear for women, men, and children and private label fashion handbags and accessories across the world. The company has a Zacks Rank #2 (Buy). Its expected earnings growth rate for the current year is 225%.

Camden Property Trust CPT is one of the largest publicly traded multifamily companies in the United States. The company has a Zacks Rank #2. Its expected earnings growth rate for the current year is 7.6%.

Sociedad Quimica y Minera S.A. SQM produces fertilizer and iodine and manufactures industrial chemicals and iodine derivative products. The company has a Zacks Rank #1 (Strong Buy). Its expected earnings growth rate for the current year is 60%. You can see the complete list of today’s Zacks #1 Rank stocks here.

You can get the rest of the stocks on this list by signing up now for your 2-week free trial to the Research Wizard and start using this screen in your own trading. Further, you can also create your own strategies and test them first before taking the investment plunge.

The Research Wizard is a great place to begin. It's easy to use. Everything is in plain language. And it's very intuitive. Start your Research Wizard trial today. And the next time you read an economic report, open up the Research Wizard, plug your finds in, and see what gems come out.

Click here to sign up for a free trial to the Research Wizard today.

Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material.

Disclosure: Performance information for Zacks’ portfolios and strategies are available at: https://www.zacks.com/performance

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
 
Sociedad Quimica y Minera S.A. (SQM) : Free Stock Analysis Report
 
Steven Madden, Ltd. (SHOO) : Free Stock Analysis Report
 
Camden Property Trust (CPT) : Free Stock Analysis Report
 
To read this article on Zacks.com click here.

By Dave Sherwood

SANTIAGO, Sept 15 (Reuters) – Albemarle Corp, the world's top lithium producer, said on Wednesday it had reached a labor contract deal with a union at its Atacama salt flat plant, ending a month-long strike that had inflamed tensions between workers and the company.

The 135-member "Albemarle Salar" union, which comprises about half the workers at its key Salar production plant, went on strike in August after failing to reach a deal with the U.S.-based lithium miner.

The company said in a statement that it had inked a new 36-month contract with the union and that workers would return immediately to the job.

"The operations at the Salar plant today return to normality, with special emphasis on safety of workers while production returns to levels before the strike," the company said.

Throughout the strike, Albemarle maintained the extended walk-off had not hit its output of lithium from Chile.

The company clarified on Wednesday that the strike had led to a reduction in the pumping of lithium-rich brine at its Salar Plant, where the walk-off took place, but that the labor action had not impacted overall output from its La Negra chemical plant, where brines are processed into battery grade lithium carbonate.

Union representatives did not immediately respond to a request for comment on the agreement.

Albemarle's Atacama operations in Chile are a vital source of the ultralight white metal used in batteries that power electric vehicles. Competitor SQM operates nearby.

Albemarle, which struck labor deals with its three remaining Chilean guilds earlier this year, said the deal with its Salar union of workers brings closure to this year's negotiations. (Reporting by Dave Sherwood Editing by Marguerita Choy)

Vancouver, British Columbia–(Newsfile Corp. – September 15, 2021) – Contact Gold Corp. (TSXV: C) (OTCQB: CGOLF) (the "Company" or "Contact Gold") is pleased to announce the discovery of gold mineralization at the Pilot Shale / Guilmette Limestone contact beneath the historic Mine Trend at the Green Springs Gold Project, Nevada. Hole GS 21-22 returned 0.7 g/t Au over 16.7 metres; the best intercept from this deeper host horizon to date beneath the Mine Trend.

The discovery of a significant thickness and grade of gold mineralization in the Pilot Shale beneath the 3 km Mine Trend (drillholes GS 21-22 and 21-55) is proof of concept that the host horizon has been underexplored at Green Springs where prior explorers focused on the overlying "stacked" host horizon in the lower Chainman shale. These holes provide significant proof of concept for Alligator Ridge style of mineralization beneath the historic Mine Trend; a key end member of Carlin Type gold deposits in eastern Nevada; and open up the rest of the Mine Trend for further discoveries in undrilled areas, punctuating a successful 2021 drill program that delivered two new gold discoveries at the outcropping Tango (see news release June 15, 2021) and X-Ray (see news release June 28, 2021) targets.

Highlights:

Northern Mine Trend:

• 0.70 g/t Au over 16.76 m in drill hole GS 21-22, from a depth of 224m:

  • Hosted within the lower Pilot Shale above the Guilmette Limestone contact – the host to Gold Standard Venture's Pinion, and Kinross' Alligator Ridge and Saga mining sites (all +1 Moz deposits) to the north of Green Springs.

  • Intersected in a 900 metre gap in drilling in the Mine Trend, gold mineralization is open both north and south.

  • There are no drill tests of the Pilot Shale/Guilmette limestone host horizon beneath the Mine Trend to the north of hole GS 21-22 in the 400 metres to the Bravo Zone, and only one test (GS 21-58) for 500 metres south of GS 21-22 towards the Charlie Pit.

• 0.44 g/t Au over 3.05 metres in hole GS 21-55, from a depth of 152 metres.

  • Drilled in a 650 metre gap of drilling on the Mine Trend between the two past producing pits.

  • Hosted in the Pilot/Guilmette horizon, providing further justification for the exploration potential at this underexplored, slightly deeper gold host at Green Springs.

  • There are no drill tests of the Pilot Shale/Guilmette Limestone host horizon beneath the Mine Trend to the north for 500 metres to the Charlie Pit, and for 150 metres south to the Delta Pit.

Southern Mine Trend:

• Seven Holes were completed south of the 2020 discovery hole (see news release November 23, 2020) on the southern end of the Mine Trend.

  • All holes encountered variably oxidized gold mineralization at the Chainman Shale / Joana Limestone host horizon.

    • 0.25 g/t oxide Au over 13.72 m in drill hole GS 21-10.

  • Extends gold mineralization 250 metres south of the previously identified high-grade, oxidized gold mineralization at the Echo Zone.

• The Mine Trend remains completely open for further exploration to the south.

• Intercepting variably oxidized gold mineralization in all 7 holes south of the previous Mine Trend extent justifies further drilling in that direction where cross faults that provide structural preparation for higher grades to develop are mapped by geology and geophysics.

"The team's delivery of an ore-grade intercept from the Pilot/Guilmette contact in two very large gaps in drilling that reached Guilmette beneath the Mine Trend has further validated our target concept. The Pinion and Alligator Ridge deposits demonstrate that this host horizon is capable of hosting plus one-million-ounce gold deposits. We also know that drilling deeper for the next host horizon down in and near existing mines and deposits has worked over and over again in Nevada. Coming on the heels of two undisputable new discoveries at Tango and X-Ray in the first half of 2021, I couldn't be more pleased with these encouraging intercepts from beneath the Mine Trend. It is a great accomplishment by our exploration team and speaks to both the prospectivity of the project and the rigorous targeting approach employed by Contact," said Matt Lennox-King, President & CEO of Contact Gold. "In Q4, we look forward to following up on all four of the gold discoveries we've made since 2019 as we continue to pursue our goal of defining high quality gold deposits at Green Springs."

Figure 1 – Green Springs Mine Trend Long Section Looking West

To view an enhanced version of Figure 1, please visit:
https://orders.newsfilecorp.com/files/5350/96544_0381980cd4b8fac1_004full.jpg

Figure 2- Green Springs Plan Map

To view an enhanced version of Figure 2, please visit:
https://orders.newsfilecorp.com/files/5350/96544_0381980cd4b8fac1_005full.jpg

2021 Green Springs drill hole results from this news release:

About the Green Springs Project:

Green Springs is located near the southern end of the Cortez Trend of Carlin-type gold deposits in White Pine County, Nevada, east of Fiore Gold's Pan Mine and Gold Rock Project and south of Waterton's Mount Hamilton deposit. The Green Springs property is 18.65 km² encompassing 3 shallow past producing open pits and numerous targets that were not mined.

Contact Gold signed a purchase option agreement with Ely Gold Royalties ("Ely Gold") to acquire an undivided 100% interest in Green Springs in July 2019. Green Springs is an early-stage exploration property and does not contain any mineral resource estimates as defined by National Instrument 43-101, Standards of Disclosure for Mineral Projects ("NI 43-101"). There has been insufficient exploration to define a mineral resource estimate at Green Springs. Additional information about Green Springs is summarized in the NI 43-101 Technical Report entitled "NI 43-101 Technical Report for the Green Springs Project, White Pine County, Nevada, USA" prepared for Contact Gold, with an effective date of June 12, 2020, and dated August 5, 2020, as prepared by John J. Read, C.P.G; an independent consultant and qualified person under NI 43-101, and can be viewed under Contact Gold's issuer profile on SEDAR at www.sedar.com.

The scientific and technical information contained in this news release has been reviewed and approved by Vance Spalding, CPG, VP Exploration, Contact Gold, who is a "qualified person" within the meaning of NI 43-101. Drill intercepts were calculated using a minimum thickness of 3.05 metres averaging 0.14 ppm gold and allowing inclusion of up to 4.57 metres of material averaging less than 0.14 ppm gold for low grade intervals and higher-grade intervals were calculated using a minimum thickness of 3.05 metres averaging 1.00 ppm gold and allowing inclusion of up to 4.57 metres of assays averaging less than 1.00 ppm gold. Gravimetric assays are used for all Fire Assays above 4.00 ppm gold. Cyanide solubility assays are completed on all Fire Assays greater than 0.1 g/t. True width of drilled mineralization is unknown, but owing to the apparent flat lying nature of mineralization, is estimated to generally be at least 70% of drilled thickness in most cases. The Cyanide recovery percentages are equally averaged by interval, and are not weighted by gold content per interval. Quality Assurance / Quality Control consists of regular insertion of certified reference standards, blanks, and duplicates. All failures are followed up and resolved whenever possible with additional investigation whenever such an event occurs. All assays are completed at Paragon; an ISO 17025:2005 accredited lab. Check assays are completed at a second, reputable assay lab after the program is complete.

About Contact Gold Corp.

Contact Gold is an exploration company focused on making district scale gold discoveries in Nevada. Contact Gold's extensive land holdings are on the prolific Carlin and Cortez gold trends which host numerous gold deposits and mines. Contact Gold's land position comprises approximately 140 km² of target rich mineral tenure hosting numerous known gold occurrences, ranging from early- to advanced-exploration and resource definition stage.

Additional information about the Company is available at www.contactgold.com.
For more information, please contact: +1 (604) 449-3361
John Glanville – Director Investor Relations
Jack Trembath – Manager, Investor Relations
E-mail: info@ContactGold.com

Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy of this release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.

Cautionary Note Regarding Forward-Looking Information

This news release contains "forward-looking information" and "forward-looking statements" (collectively, "forward-looking statements") within the meaning of the applicable Canadian securities legislation. All statements, other than statements of historical fact, are forward-looking statements and are based on expectations, estimates and projections as at the date of this news release. Any statement that involves discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as "expects", or "does not expect", "is expected", "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 statements. In this news release, forward-looking statements relate, among other things, to the anticipated exploration activities of the Company on the Green Springs property.

These forward-looking statements are based on reasonable assumptions and estimates of management of the Company at the time such statements were made. Actual future results may differ materially as forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to materially differ from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors, among other things, include: impacts arising from the global disruption by the Covid-19 coronavirus outbreak; fluctuations in general macroeconomic conditions; fluctuations in securities markets; fluctuations in spot and forward prices of gold, silver, base metals or certain other commodities; fluctuations in currency markets (such as the Canadian dollar to United States dollar exchange rate); change in national and local government, legislation, taxation, controls, regulations and political or economic developments; risks and hazards associated with the business of mineral exploration, development and mining (including environmental hazards, industrial accidents, unusual or unexpected formations pressures, cave-ins and flooding); inability to obtain adequate insurance to cover risks and hazards; the presence of laws and regulations that may impose restrictions on mining; employee relations; relationships with and claims by local communities and indigenous populations; availability of increasing costs associated with mining inputs and labour; the speculative nature of mineral exploration and development (including the risks of obtaining necessary licenses, permits and approvals from government authorities); and title to properties. Although the forward-looking statements contained in this news release are based upon what management of the Company believes, or believed at the time, to be reasonable assumptions, the Company cannot assure shareholders that actual results will be consistent with such forward-looking statements, as there may be other factors that cause results not to be as anticipated, estimated or intended. Readers should not place undue reliance on the forward-looking statements and information contained in this news release. The Company assumes no obligation to update the forward-looking statements of beliefs, opinions, projections, or other factors, should they change, except as required by law.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/96544

Technological advancements have radically altered the way we shop. From online ordering to flexible and swift delivery systems, consumers can choose from a variety of options that suit their lifestyle and convenience. E-commerce and related services reached a whole new high amid the COVID-19 pandemic as consumers looked for ways to meet their daily needs, while avoiding crowded places.

Although the surge in online deliveries last year has gradually slowed, given less stock hoarding practices, consumers’ preference for online deliveries have gone up much higher than the pre-pandemic levels. Retailers, especially those engaged in groceries, are competing among themselves to offer best-in-class delivery services. The companies have been coming up with revolutionary concepts like deliveries in less than an hour, contactless lockers and employment of drone services.

Whether such services are offered by the companies or through forging partnerships, it calls for considerable investments pertaining to technology, labor and transportation. The expansion of delivery systems has also helped the industry participants to provide greater employment opportunities.

From startups to giants, several companies are making radical moves in delivery systems. Supermarket biggies like Walmart Inc. WMT, The Kroger Co.’s KR and Albertsons Companies, Inc. ACI and a few others have continued to ramp up their delivery game amid growing competition from Amazon.com Inc. AMZN. That said, let’s take a closer look at some of the prudent delivery solutions being offered by some of the renowned companies in the grocery retail space.

Kroger Promises Delivery in 30 Minutes

Kroger’s latest move, in its partnership with Instacart, is aimed at pushing the grocery delivery game to a new level. This well-known supermarket chain is extending its partnership with Instacart by launching the new ‘Kroger Delivery Now’ service that will provide customers with food and household staples in 30 minutes. The service will cover as many as 25,000 items across several categories, to approximately 50 million households. The new solution will make use of the company’s existing network of more than 2,700 stores. The move is likely to elevate the supermarket giant’s positioning in an already-crowded and highly-competitive grocery delivery space.

Kroger has been quite active when it comes to enhancing its delivery solutions. Its partnership with Instacart dates back to 2017. Through the alliance, the company has been offering two-hour grocery delivery. It has been focusing on no-contact delivery option, low-contact pickup service and ship-to-home orders. Kroger continues to expand contactless payment solutions like Kroger Pay, Scan as well as Bag and Go and has been accepting Supplemental Nutrition Assistance Program (SNAP) benefits for pickup orders. The company is expanding the Customer Fulfillment Center (CFC) to ensure efficient deliveries. It also opened its first two Kroger Delivery facilities, powered by Ocado, in Ohio and Florida. Kroger’s buyout of meal kit provider, Home Chef, is noteworthy. The company has announced the Kroger Drone Delivery pilot in partnership with Drone Express.

The company is doing everything to meet the rising demand for Pickup orders, reinforcing the importance of timely delivery to customers. Last year, the company achieved more than $10 billion in e-commerce sales. It is committed toward doubling online revenues and profitability by 2023. Shares of this Zacks Rank #2 (Buy) company have increased 16.6% in the past six months.

You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Price Performance

Image Source: Zacks Investment Research

Walmart is Being Futuristic, Exploring Drone Deliveries

Walmart believes that autonomous technologies can elevate retail operations to the next level. This retail behemoth has been exploring opportunities in drone delivery and invested in DroneUp. The move comes after successful trials during the pandemic. It has also been piloting drone delivery in the United States with Flytrex and Zipline. Apart from exploring drone deliveries, Walmart is venturing into self-driving cars to expand last mile delivery ecosystem. In April 2021, Walmart made an investment in San Francisco-based autonomous vehicles company — Cruise.

Other prudent investments made by the company for bolstering its delivery arm includes HomeValet, introduction of Carrier Pickup by FedEx and launch of Walmart+ membership program among others. The company’s alliance with DoorDash DASH, Instacart as well as efforts to expand Scan & Go services are noteworthy. Walmart’s Express Delivery solutions help fulfill orders in less than two hours.

In earlier developments, Walmart teamed up with Point Pickup, Roadie and Postmates as well as acquired Parcel to enhance its delivery service. The company’s store and curbside pickup options add to customers’ convenience. As of second-quarter fiscal 2022, Walmart U.S. had 3,900 pickup locations and 3,250 same-day delivery stores. The company is undertaking every effort to develop a futuristic and well-coordinated delivery network that spans across the streets, sidewalks and the skies. Shares of this Zacks Rank #2 company have increased 8.1% in the past six months.

Albertsons Boost Deliveries With Partnerships, PickUp Services

Leading food and drug products retailer, Albertsons, has been focused on strengthening its grocery delivery capabilities to make shopping more seamless. In June, the company announced its partnership with the technology firm DoorDash to boost on-demand grocery delivery services. Through this tie-up, customers can get products delivered from about 2,000 Albertsons banner stores in the country. Also, the Albertsons-DoorDash tie-up launched a digital gaming experience for its customers. The company also holds partnerships with Uber Technologies Inc.’s UBER Uber Eats and Instacart

Earlier this year, Albertsons installed a contactless automated grocery PickUp kiosk at one of its Jewel-Osco stores in Chicago. In fact, the company prides in being one of the first American grocery retailers to offer such automated kiosk-related services.

The company has been particularly focused on expanding contactless services. Last year, it installed PickUp lockers across several Jewel-Osco stores. Its pickup services such as Drive Up & Go options have been attracting greater household spending. Through the collaboration with third-party vendors, the company offers deliveries within two hours. The launch of Deals & Delivery app as well as ‘Albertsons for U’ loyalty program are also aiding to provide efficient delivery services to customers. Shares of this Zacks Rank #2 company have increased 55.9% in the past six months.

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

Amazon.com, Inc. (AMZN) : Free Stock Analysis Report

Walmart Inc. (WMT) : Free Stock Analysis Report

The Kroger Co. (KR) : Free Stock Analysis Report

Albertsons Companies, Inc. (ACI) : Free Stock Analysis Report

Uber Technologies, Inc. (UBER) : Free Stock Analysis Report

DoorDash, Inc. (DASH) : Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research

SAN FRANCISCO, CA / ACCESSWIRE / September 15, 2021 / Hagens Berman urges Piedmont Lithium Inc. (NASDAQ:PLL) investors with significant losses to submit your losses now.

Class Period: Mar. 16, 2018 – July 19, 2021

Lead Plaintiff Deadline: Sept. 21, 2021

Visit:www.hbsslaw.com/investor-fraud/PLL

Contact An Attorney Now:PLL@hbsslaw.com

844-916-0895

Piedmont Lithium Inc. (PLL) Securities Fraud Class Action:

The complaint alleges that Defendants misrepresented and concealed material information concerning Piedmont's progress toward obtaining necessary permits and zoning variances to build a large lithium mine in Gaston County, North Carolina.

Specifically, Defendants failed to disclose that Piedmont: (1) has not, and would not, follow its stated steps or timeline to secure all proper and necessary permits, (2) did not inform relevant government authorities of its actual plans, (3) did not file proper applications with state and local authorities, and (4) did not have "strong local government support."

On July 20, 2021, investors began to learn the truth when Reuters reported that (1) Piedmont had not even applied for the necessary mining permit or zoning variances, (2) five of the seven members of the Gaston County's board of commissioners, who control zoning changes, say they may block or delay the project because Piedmont has not told them what levels of dust, noise and vibrations will occur, nor how water and air quality would be affected, and (3) the relationship between the company and county officials is increasingly strained.

These events sent the price of Piedmont American Depository Shares sharply lower.

Most recently, on Aug. 6, 2021, Reuters reported the Gaston County Commissioners unanimously approved a 60-day mining moratorium and said the company "cannot be trusted" to protect the health, safety, and welfare of citizens. Reuters also reported an outside adviser to the Commissioners informed them that a mine of this size was never anticipated in the development regulations.

"We're focused on investors' losses and proving Piedmont concealed known building permit and zoning risks posed by the Gaston County mine," said Reed Kathrein, the Hagens Berman partner leading the investigation.

If you invested in Piedmont Lithium and have significant losses, or have knowledge that may assist the firm's investigation, click here to discuss your legal rights with Hagens Berman.

Whistleblowers: Persons with non-public information regarding Piedmont Lithium should consider their options to help in the investigation or take advantage of the SEC Whistleblower program. Under the new program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Reed Kathrein at 844-916-0895 or email PLL@hbsslaw.com.

# # #

About Hagens Berman
Hagens Berman is a national law firm with eight offices in eight cities around the country and over eighty attorneys. The firm represents investors, whistleblowers, workers and consumers in complex litigation. More about the firm and its successes is located at hbsslaw.com. For the latest news visit our newsroom or follow us on Twitter at @classactionlaw.

Contact:
Reed Kathrein, 844-916-0895

SOURCE: Hagens Berman Sobol Shapiro LLP

View source version on accesswire.com:
https://www.accesswire.com/664228/PLL-6-DAY-DEADLINE-ALERT-Hagens-Berman-Alerts-Piedmont-Lithium-PLL-Investors-to-FINAL-DEADLINE-in-Securities-Class-Action-Encourages-Investors-with-Losses-to-Contact-Firms-Attorneys-Now

TORONTO, Sept. 15, 2021 /CNW/ – The Directors of Labrador Iron Ore Royalty Corporation (the "Corporation") (TSX: LIF) declared today a quarterly cash dividend of $2.10 per Common Share. The dividend is payable to holders of record at the close of business on September 30, 2021 and is to be paid on October 26, 2021.

About Labrador Iron Ore Royalty Corporation

The Corporation holds a 15.10% equity interest in IOC directly and through its wholly-owned subsidiary, Hollinger-Hanna Limited, and receives a 7% gross overriding royalty and a 10 cent per tonne commission on all iron ore products produced, sold and shipped by IOC.

SOURCE Labrador Iron Ore Royalty Corporation

View original content: http://www.newswire.ca/en/releases/archive/September2021/15/c0665.html

(Bloomberg) — Teck Resources Ltd. is exploring options for its metallurgical coal business, including a sale or spinoff that could value the unit at as much as $8 billion, people with knowledge of the matter said.

The Canadian miner is working with an adviser as it studies strategic alternatives for the business, which is one of the world’s largest exporters of the steelmaking ingredient, the people said, asking not to be identified discussing confidential information.

Shares of Teck were up 4.7% at 1:04 p.m. in Toronto, giving the company a market value of about C$17.4 billion ($13.7 billion).

Large commodity producers are under increasing pressure to cut back on fossil fuels in response to investor concerns over climate change. BHP Group last month agreed to sell its oil and gas assets to Australia’s Woodside Petroleum Ltd. and is seeking to exit some of its coal operations. Anglo American Plc spun off its South African coal unit for a separate listing in June.

Exiting coal could free up resources for Teck to accelerate its plans in commodities like copper, as demand shifts to the building blocks of an electrified global economy. Deliberations are at an early stage, and Teck could still decide to keep the business, the people said.

A representative Teck declined to comment.

Teck produced more than 21 million metric tons of steelmaking coal last year from four locations in western Canada. The business accounted for 35% of the company’s gross profit before depreciation and amortization in 2020, according to its website.

Metallurgical coal is a key raw materials used in steelmaking, which remains one of the most polluting industries on the planet and faces significant pressure from policymakers to clean up its act. China, the world’s largest metal producer, has indicated it will curb steelmaking in an effort to reduce carbon emissions.

Prices of metallurgical coal prices have continued to rise this year as bets on a global economic recovery fuel frenzied demand for steel. This helped Teck swing to a second-quarter net income of C$260 million, compared with a C$149 million net loss the same period last year.

(Updates with share move in third paragraph)

More stories like this are available on bloomberg.com

Subscribe now to stay ahead with the most trusted business news source.

©2021 Bloomberg L.P.

Uranium stocks are the latest to grab the attention of Reddit’s WallStreetBets community, and surging uranium futures prices have prompted one Wall Street analyst to raise his triuranium octoxide price targets.

The Analyst: On Tuesday, Bank of America analyst Lawson Winder reiterated a Neutral rating on Cameco Corp (NYSE: CCJ) and raised the price target from $20 to $29.

Related Link: The Case For A Stock Market Bubble: 'Speculation Pervading Society'

The Thesis: Winder increased his 2021 triuranium octoxide price target by 18% to $36.30. He also raised his 2022 target by 41% to $53.50 and his 2023 target by 18% to $48.50.

In the last month, the price of uranium futures has jumped about 40% to around $42.40, roughly a seven-year high.

In that same stretch, Cameco shares are up 47.1%, and Winder said Tuesday that rising uranium prices are already reflected in Camecon’s stock price at this point.

He said the stock will likely continue to be volatile in the near-term given it is the only large, liquid U.S. stock with significant exposure to uranium.

“We however believe that any potential short-term spike in prices would prove temporary. We see our current outlook as largely reflected in the shares,” Winder said.

Winder said the Sprott Physical Uranium Trust (OTC: SRUUF) alone has increased global demand by about 3% since Aug. 17. Winder said producers will certainly respond to the price spike by ramping up supply, but that new supply will take a bit of time to come online. Meanwhile, Winder said the SRUUF fund will likely continue to trade higher.

In addition to Cameco, several OTC-traded uranium penny stocks have experienced extreme volatility this week. In the past five trading days, Peninsula Energy Ltd (OTC: PENMF) shares are up 40.1%, Energy Resources of Australia Limited (OTC: EGARF) is up 40.2% and Yellow Cake PLC (OTC: YLLXF) shares are up 23.2%.

Benzinga’s Take: Uranium is the latest meme investment to take social media by storm, and pouring retail trading volume into relatively illiquid OTC-listed uranium stocks has certainly created some extreme near-term volatility.

Uranium prices may continue to drift higher in the near-term until more supply comes online, but traders can expect uranium stocks to eventually follow a similar longer-term trajectory to most of the low-float meme stock short squeeze trades of 2021.

Latest Ratings for CCJ

View More Analyst Ratings for CCJ
View the Latest Analyst Ratings

See more from Benzinga

• Click here for options trades from Benzinga

• This Day In Market History: OPEC Forms

• Dave & Buster's Stock Jumps On Q2 Earnings: 3 Analysts React To Surprisingly Strong Sales Momentum

© 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

The FTSE 100 was struggling for a foothold on gains Tuesday, as its heavily weighted mining sector logged losses.