Vancouver, British Columbia–(Newsfile Corp. – October 25, 2021) – Canterra Minerals Corporation (TSXV: CTM) (OTCQB: CTMCF) ("Canterra" or the "Company") is pleased to provide an update to its fall drill program and to announce that it has defined several new gold targets on the never-before-explored western part of its Wilding Gold Project ("Wilding") in central Newfoundland. Assay results are pending for all drill holes.

Highlights:

• 2,400m completed in 10 drill holes, almost half of the planed meterage of the fall drill program

• The first holes ever drilled into the Valentine Lake Shear Zone ("VLSZ") intersected the Valentine Lake intrusion, mafic dikes and quartz- veins similar to the deposit setting at the neighboring Valentine Lake Gold project

• Gold-in-soil samples returned 11 to 167 ppb Au along the trace of the VLSZ as it trends northeast from Marathon Gold's Valentine Lake Gold Project

• Gold-in-soil samples returned 12 to 49 ppb Au, indicating a new target in the previously unsampled western portion of the Wilding property

• Results from summer and fall work indicate that the same geological setting to that of Marathon Gold's deposits exists on the Wilding project as the VLSZ trends for 7.5km across the Wilding project

Chris Pennimpede, CEO & President of Canterra, commented, "Identification of the Valentine Lake Shear Zone, and the intersection of the same lithologies and veining in drilling as seen next door at Marathon Gold, is an important confirmation of the geological model underlying exploration at Wilding and a very positive step forward for Canterra. The continuation of gold anomalies on the newly explored western part of the project continues to prove that the exploration potential for an orogenic style gold deposit on the property extends for the entirety of the 7.5km of the VLSZ that the Wilding project covers. We look forward to receiving assay results from the first holes in the VLSZ."

Geochemical Results

Results from summer 2021 soil sampling have been received, and have revealed new gold targets, including a zone of elevated Au grades (from 11 to 167 ppb Au) along the inferred continuation of the VLSZ near the western margin of Wilding. This target adds to several other gold-in-soil anomalies along the VLSZ, which is currently being tested as part of the Fall 2021 drilling program. In addition, a group of samples ranging from 12 to 49 ppb gold indicate a new target in the previously unsampled western portion of Wilding. This target has been interpreted based on airborne magnetic data representing a possible zone of thrusting, which appears to be associated with gold mineralization at the Elm and Alder veins.

Figure 1 – Compilation of existing and new gold-in-soil results. New targets along the VLSZ and in the west Wilding area are shown, as well as existing targets along the VLSZ.

To view an enhanced version of Figure 1, please visit:
https://orders.newsfilecorp.com/files/8054/100605_80140d1354fe29b8_001full.jpg

Drilling Update
Canterra has completed 2,400m (10 holes) of diamond drilling at Wilding, as part of a 5,000m program aimed at testing several targets across the property. These targets include the inferred northeastward continuation of the VLSZ which is the major control of mineralization at the adjacent Marathon Gold Project. The first three holes were drilled to test this target, and all successfully intersected the VLSZ, which is defined by a sheared contact between the Rogerson Lake Conglomerate and Valentine Lake Intrusion granitoids with numerous mafic dykes. Adjacent to this contact, quartz-tourmaline-pyrite ("QTP") veins are developed within the granitoids and mafic dykes (Figures 3 and 4).

Figure 2 – Map of currently completed and planned drill holes.

To view an enhanced version of Figure 2, please visit:
https://orders.newsfilecorp.com/files/8054/100605_80140d1354fe29b8_002full.jpg

Figure 3 – Example of Valentine Lake Intrusive Suite with numerous mafic dykes and QTV adjacent to the VLSZ (drillhole WL-21-50).

To view an enhanced version of Figure 3, please visit:
https://orders.newsfilecorp.com/files/8054/100605_80140d1354fe29b8_003full.jpg

Figure 4 – Altered granitoid and mafic dykes with extensional quartz veins developed adjacent to the VLSZ (drillhole WL-21-52).

To view an enhanced version of Figure 4, please visit:
https://orders.newsfilecorp.com/files/8054/100605_80140d1354fe29b8_004full.jpg

Remaining targets being tested include the expansion of the Red Ochre mineralized zone, the recently discovered Dogberry zone and the extension of the Elm and Alder quartz veins. Results from summer and fall 2021 exploration indicate that the VLSZ that is host to Marathon Gold's deposits exists on the Wilding project and trends for 7.5km. In addition, several additional orogenic gold targets have been identified and are being tested.

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 has 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.

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

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 news 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, and include statements with respect to the anticipated timing for closing of the Acquisition, statements with respect to the estimates of mineral resources on the properties to be acquired by the Company, statements with respect to the Company having a suite of deposits with significant exploration upside and statements with respect to the Company's expectation to be well positioned to make that next mineral discovery in central Newfoundland. 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 with the failure to complete the terms of the Agreement, 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 SEDAR profile at www.sedar.com. Accordingly, readers should not place undue reliance on the forward-looking statements and information contained in this news 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/100605

VANCOUVER, BC / ACCESSWIRE / October 25, 2021 / Brigadier Gold Limited (the "Company" or "Brigadier") (TSXV:BRG)(FSE:B7LM)(OTC PINK:BGADF) is pleased to announce analytical results from additional trenches across the El Placer Sur vein system at its Picachos gold-silver-copper project Sinaloa, Mexico (the "Picachos Project", "Picachos" or the "Property"). The Company will now focus on a complete review of phase-one exploration results at Picachos to determine next steps.

Phase-one exploration at Picachos during 2020 and 2021 examined 17 different mineralized veins and included diamond drilling of 5057 metres in 50 holes, 4570 trench and rock samples, a stream sediment survey and a LiDAR topographic survey.

The 3,954 hectare Picachos Property is centered over the historic "Viva Zapata" National Mineral Reserve, Sinaloa, Mexico. It overlaps two mineralized systems, a porphyry copper-molybdenum system hosted by a Paleocene granite-granodiorite intrusive complex, and a gold-silver vein complex comprised of both east-northeasterly trending veins (La Cocolmeca Vein System) and northwesterly trending veins (El Placer System).

Phase-one Key Findings:

• The Project is best understood as a porphyry system with

  • intrusion-hosted, bulk-tonnage copper exposed at 390 m elevation at Colinas

  • sericitic breccias with molybdenum-rich stockworks exposed in country rocks between 500 and 600 metres elevation at Molly UST

  • peripheral gold and copper-rich polymetallic veins in propylitic, argillic and sericitic altered country rocks at higher elevations in the southeastern part of the Property. The veins were historic gold-producers.

• The most explored of the 17 veins sampled is San Agustín which was the subject of 14 diamond drill holes and underground mine rock chip-channel samples.

• Further drilling and surface trenching is recommended to expand known mineralization of the veins and start exploration for bulk-tonnage Cu-Mo in the intrusion-hosted part of the porphyry system.

• Airborne geophysics would improve subsurface visualization of drill targets.

• More than 600 intercepts from underground mine chip-channel samples, surface trench samples and diamond drilling are of interest for gold, silver, lead, zinc, copper, molybdenum, tungsten, bismuth and tin.

• Collectively, these data are starting to define a porphyry system centered east of Colinas with peripheral veins at higher elevations.

• Geochemical data from the veins is also elevated in copper, tungsten, molybdenum and bismuth. These elements are typical of intrusion-related veins. If the veins are intrusion related, they are most likely genetically related to the porphyry intrusive complex, and not to younger events associated with epithermal styles of mineralization.

El Placer Sur

The southeastern part of the Property overlaps approximately 1.4 kilometres of the northwesterly trending El Placer Vein system. In this area, the principal structure is La Tarantula oriented 325°/55° NE. The Company has sampled approximately 450 metres of strike length northwest and southeast of Cerro de La Flauta del Placer. The alteration zone surrounding La Tarantula is 10´s of metres wide, even if historically exploited mineralization follows metre scale veins within this zone. For example, surface trench BRG-50923 yielded a result of 2.08 g/t gold, 38 g/t silver, 638 ppm Cu, 2.87% lead and 3.51% zinc across 10.65 m. Underground sample BRG-50933 contains 6.51 g/t gold, 172 g/t silver, 0.15% copper, 9.47% lead and 8.32% zinc across 2.6 metres (Level 938). La Vibora Vein is orthogonal to La Tarantula with an orientation of 188°/81° WNW. Individual workings and samples are narrow with widths of approximately a metre. However, trenching across La Vibora implies a true width of approximately 10 metres for the alteration zone that hosts the mineralization. The highest overall result from La Vibora was 9.96 g/t Au, 31 g/t Ag, 0.14% copper, 3.39% Pb and 9.59% zinc across 1 metre from an underground mine on Level 962. On surface, BRG-51001 contains 3.37 g/t Au and 3 g/t Ag across 5 metres, including 1 metre of 14.65 g/t Au and 78 g/t Ag. El Nito outcrops approximately 975 metres northwest of La Vibora and is oriented 330°/80° NE, also within the hangingwall to the underlying Tarantula Vein. It is up to 1.7 metres wide and consists of rose quartz breccia with radial black mica surrounding the breccia fragments. It has been sampled over 100 metres of strike length. The best result from El Nito is 12.17 g/t gold, 5 g/t Ag, 0.17% copper, 0.15% lead and 0.25% zinc across 1.67 metres.

National Instrument 43-101 Disclosure

The technical information in this press release has been reviewed by Michelle Robinson, MASc., P.Eng., a Qualified Person as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects ("NI 43-101"). Sample handling procedures are documented in the Company's press release dated October 22, 2020. Standard pulps, field duplicates, pulp duplicates and blanks are inserted into the sample stream. The samples were analyzed by SGS Laboratories in Durango using fire-assay methods for gold, and ICP methods with a 4-acid digestion for silver and base metals. SGS is an accredited laboratory. It is the Qualified Person's opinion that the technical information disclosed in this press release is reliable.

Please visit our website to learn more about Brigadier Gold.

About Brigadier Gold Limited

Brigadier was formed to leverage the next major bull market in the natural resource sector, particularly precious metals. Our mandate is to acquire undervalued and overlooked projects with demonstrable potential for advancement.

Led by a management team with decades of experience in mineral exploration and capital markets development, we are focused on advanced exploration opportunities in politically stable jurisdictions.

For further information, please contact:

Brigadier Gold Limited
www.brigadiergold.ca
Robert Birmingham, Chief Executive Officer
rob@brigadiergold.ca

Reader Advisory

This news release may contain statements which constitute "forward-looking information", including statements regarding the plans, intentions, beliefs and current expectations of the Company, its directors, or its officers with respect to the future business activities of the Company. The words "may", "would", "could", "will", "intend", "plan", "anticipate", "believe", "estimate", "expect" and similar expressions, as they relate to the Company, or its management, are intended to identify such forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future business activities and involve risks and uncertainties, and that the Company's future business activities may differ materially from those in the forward-looking statements as a result of various factors, including, but not limited to, fluctuations in market prices, successes of the operations of the Company, continued availability of capital and financing and general economic, market or business conditions. There can be no assurances that such information will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. The Company does not assume any obligation to update any forward-looking information except as required under the applicable securities laws.

Neither the TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this release.

SOURCE: Brigadier Gold Limited

View source version on accesswire.com:
https://www.accesswire.com/669176/Brigadier-Reports-on-El-Placer-Sur-and-Completes-Phase-One-Exploration-at-Picachos

VANCOUVER, BC, Oct. 25, 2021 /CNW/ – South Star Battery Metals Corp. ("South Star" or the "Company") (TSXV: STS) (OTCQB: STSBF) is pleased to announce that it has completed a non-brokered private placement of units (the "Private Placement" or the "Offering") for a total proceeds of C$2,427,700. The majority of participation in the Placement was with key institutional investors. Net proceeds from the Private Placement will be used for advanced materials sample preparation, commercial agreements, project finance and general working capital requirements for the Company.

The Private Placement consists of 22,069,999 units priced at C$0.11 per unit (the "Units"). Each Unit consists of one (1) common share and one (1) common share purchase warrant (the "Warrants"). Each Warrant entitles the holder to purchase one additional common share of the Company at an exercise price of C$0.15 per common share for a period of three years from the date of issue. The securities are subject to a four-month hold period from the date of closing and approval by the TSXV, expiring February 26, 2022. In connection with the private placement, the Company paid an aggregate amount of 294,000 in brokers' warrants in connection with the Placement (equal to 6% of the gross proceeds of the offering sold to subscribers introduced to the Company by the brokers) and $33,660 in cash finders' fees were paid to certain finders (equal to 6% of the gross proceeds of the offering sold to subscribers introduced to the Company by the finders).

Acceleration Clause

If during a period of ten consecutive trading days between the date that is four (4) months following the closing of the Private Placement and the expiry of the Warrants the daily volume weighted average trading price of the common shares of the Company on the TSXV (or such other stock exchange where the majority of the trading volume occurs) exceeds C$0.50 on each of those ten consecutive days, the Company may, within 30 days of such an occurrence, give written notice to the holders of the Warrants that the Warrants will expire at 4:00 p.m. (Vancouver time) on the 30th day following the giving of notice unless exercised by the holders prior to such date. Upon receipt of such notice, the holders of the Warrants will have 30 days to exercise their Warrants. Any Warrants which remain unexercised at 4:00 p.m. (Vancouver time) on the 30th day following the giving of such notice will expire at that time.

About South Star Battery Metals Corp.

South Star Battery Metals Corp. is a Canadian battery-metals project developer focused on the selective acquisition and development of near-term production projects in the Americas. South Star's Santa Cruz Graphite Project, located in Southern Bahia, Brazil is the first of a series of industrial and battery-metals projects that will be put into production. Brazil is the second-largest graphite-producing region in the world with more than 80 years of continuous mining. Santa Cruz has at-surface mineralization in friable materials, and successful, large-scale, pilot-plant testing (>30t) has been completed. The results of the testing show that approximately 65% of Cg concentrate is +80 mesh with good recoveries and 95-99% Cg. With excellent infrastructure and logistics, South Star is carrying its development plan towards Phase 1 production projected in Q4 2022, pending financing. South Star trades on the TSXV under the symbol STS, and on the OTCQB under the symbol STSBF.

South Star is committed to a corporate culture, project execution plan and safe operations that embrace the highest standards of ESG principles based on transparency, stakeholder engagement, ongoing education, and stewardship. To learn more, please visit the Company website at http://www.southstarbatterymetals.com.

This news release has been reviewed and approved by Richard Pearce, P.E., a "Qualified Person" under National Instrument 43-101 and President and CEO of South Star Battery Metals Corp.

On behalf of the Board,

Mr. Richard Pearce
Chief Executive Officer

Twitter: https://twitter.com/southstarbm
Facebook: https://www.facebook.com/southstarbatterymetals
LinkedIn: https://www.linkedin.com/company/southstarbatterymetals/
YouTube: South Star Battery Metals – YouTube

CAUTIONARY STATEMENT

Neither the 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 press release.

Forward-Looking Information

The information contained herein contains "forward-looking statements" within the meaning of applicable securities legislation. Forward-looking statements relate to information that is based on assumptions of management, forecasts of future results, and estimates of amounts not yet determinable. Any statements that express predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance are not statements of historical fact and may be "forward-looking statements".

Forward-looking statements are subject to a variety of risks and uncertainties which could cause actual events or results to differ from those reflected in the forward-looking statements, including, without limitation: risks related to failure to obtain adequate financing on a timely basis and on acceptable terms; risks related to the outcome of legal proceedings; political and regulatory risks associated with mining and exploration; risks related to the maintenance of stock exchange listings; risks related to environmental regulation and liability; the potential for delays in exploration or development activities or the completion of feasibility studies; the uncertainty of profitability; risks and uncertainties relating to the interpretation of drill results, the geology, grade and continuity of mineral deposits; risks related to the inherent uncertainty of production and cost estimates and the potential for unexpected costs and expenses; results of prefeasibility and feasibility studies, and the possibility that future exploration, development or mining results will not be consistent with the Company's expectations; risks related to commodity price fluctuations; and other risks and uncertainties related to the Company's prospects, properties and business detailed elsewhere in the Company's disclosure record. Should one or more of these risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking statements. Investors are cautioned against attributing undue certainty to forward-looking statements. These forward-looking statements are made as of the date hereof and the Company does not assume any obligation to update or revise them to reflect new events or circumstances. Actual events or results could differ materially from the Company's expectations or projections.

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SOURCE South Star Battery Metals Corp.

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Vancouver, British Columbia –News Direct– Opawica Explorations Inc.

Vancouver, B.C. – TheNewswire – October 25th, 2021 – Opawica Explorations Inc. (TSXV:OPW) (FSE:A2PEAD) (OTC:OPWEF) (the “Company” or “Opawica”) is pleased to announce that it has entered into a purchase agreement to acquire 100% ownership in the expansion of its Little d’Espoir lake Property (the “Property”) located in the Exploits Subzone, Newfoundland.

The added mineral claims consist of 162 claims encompassing a land area of approximately 40.5km², making the Little d’Espoir lake Property a commanding contiguous land package of 338 mineral claims comprising a total land area of 84.5km².

The additional claims were acquired to cover surrounding transecting faults and associated secondary and tertiary structures situated within the siliciclastic sediments of the Davidsville Group. The secondary and tertiary structures in the area are important as they are underexplored and have been proven to host epizonal gold both to the north and south of the Property.

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Blake Morgan, chief executive officer of Opawica stated, “After having boots on the ground this season, the Opawica team needed to secure this land position. Little d’Espoir lake Property will be one property we focus on, as we continue to move towards drilling in Newfoundland.”

About the Property

The Property lies within an area known as the Exploits Subzone which consists of a major thrust zone that formed as a result of the closing of the ancient Iapetus Ocean. The Property consists of a range of Siliciclastic sediments and assemblages of felsic volcanics and granitoids Cambrian to Ordovician in age.

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In 1985 several silicified boulders were found on the shoreline of d’Espoir Lake which retuned anomalous levels of Cu, Pb, Zn, As and Ag. A limited amount of geological mapping and baseline reconnaissance has been completed.

Homes in 1987 Selco-BP Resources Canada Ltd. analysed a grab sample (HR 1592) which assayed above the detection limit for copper at >1%. Several other samples, including HR 1588 and HR 1593 assayed 0.73% Cu and 0.19% Cu respectively. In 1989, the Newfoundland and Labrador mineral branch research program resulted in one sample returning 0.66 g/t Au (Colman-Sadd, 1989).

A 1986 geophysical magnetic survey executed by BP Selco suggested a few narrow zones of higher magnetic amplitude response of 500 to 2000 nt above background signatures, may represent a new target. These above background signatures are found in clusters in the west-central portion and south-east central portion of the historical grid (Holmes, 1986), located just north of D'Espoir Lake.

Holmes (1986) reported the general trend of the VLF responses is east west except at the eastern side of Little D'Espoir Lake where there is a sharp swing to the northeast.

Transaction Outlined

The Company has agreed to acquire a 100% interest in the Little d’Espoir lake Extension Property for consideration of $30,000 and 600,000 common shares of the Company. The agreement is subject to the acceptance of the TSX Venture Exchange.

Derrick Strickland, P.Geo (1000315), is the qualified person for Opawica Explorations Inc. and has reviewed and approved the technical content of this news release.

FOR FURTHER INFORMATION CONTACT:

Blake Morgan

President and Chief Executive Officer

Opawica Explorations Inc.

Telephone: 604-681-3170

Fax: 604-681-3552

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

Forward-Looking Statements

This news release contains certain forward-looking statements, which relate to future events or future performance and reflect management’s current expectations and assumptions. Such forward-looking statements reflect management’s current beliefs and are based on assumptions made by and information currently available to the Company. Readers are cautioned that these forward-looking statements are neither promises nor guarantees, and are subject to risks and uncertainties that may cause future results to differ materially from those expected including, but not limited to, market conditions, availability of financing, actual results of the Company’s exploration and other activities, environmental risks, future metal prices, operating risks, accidents, labor issues, delays in obtaining governmental approvals and permits, and other risks in the mining industry. All the forward-looking statements made in this news release are qualified by these cautionary statements and those in our continuous disclosure filings available on SEDAR at www.sedar.com. These forward-looking statements are made as of the date hereof and the Company does not assume any obligation to update or revise them to reflect new events or circumstances save as required by applicable law.

View source version on newsdirect.com: https://newsdirect.com/news/opawica-increases-land-position-at-little-despoir-lake-property-exploits-subzone-nl-956229850

READING, Pa., Oct. 25, 2021 (GLOBE NEWSWIRE) — EnerSys (NYSE: ENS), the global leader in stored energy solutions for industrial applications, announced its partnership with the U.S. Department of Energy’s Better Plants program.

“EnerSys is proud to be a part of the U.S. Department of Energy Better Plants program,” said EnerSys Senior Vice President of Operations, Patrice Baumann. “Resource efficiency has always been a part of how we do business and is embedded into our EnerSys Operating System. We look forward to enhancing and accelerating our efforts in partnership with the Department of Energy and its Better Plants partners.”

The Better Plants program works with leading manufacturers to boost their resilience and economic potential through energy efficiency improvements. Through Better Plants, manufacturers commit to setting ambitious energy saving goals, develop energy management plans, and track and report annual progress against those goals. To date, over 250 industrial organizations have joined Better Plants and pledged to reduce energy intensity across their facilities.

As of 2021, organizations participating in Better Plants have collectively saved more than 1.9 quadrillion British thermal units (TBtu) and $9.3 billion in cumulative energy costs.

“The commitment by EnerSys to improving its energy productivity by 25% over 10 years establishes the company as a leader in efficiency and helps strengthen the nation’s manufacturing competitiveness,” said Becca Jones-Albertus, U.S. Department of Energy Acting Director, Advanced Manufacturing Office.

To learn more about the Better Plants program, visit: https://betterbuildingssolutioncenter.energy.gov/better-plants

To learn more about EnerSys, visit: www.enersys.com

Caution Concerning Forward-Looking Statements

EnerSys is making this statement in order to satisfy the “Safe Harbor” provision contained in the Private Securities Litigation Reform Act of 1995. Any of the statements contained in this press release that are not statements of historical fact may include forward-looking statements that involve a number of risks and uncertainties. A forward-looking statement predicts, projects, or uses future events as expectations or possibilities. Forward-looking statements may be based on expectations concerning future events and are subject to risks and uncertainties relating to operations and the economic environment, all of which are difficult to predict and many of which are beyond our control. For a discussion of such risks and uncertainties that could cause actual results to differ materially from those matters expressed in or implied by forward-looking statements, please see our risk factors as disclosed in the “Risk Factors” section of our annual report on Form 10-K for fiscal year ended March 31, 2021. The statements in this press release are made as of the date of this press release, even if subsequently made available by EnerSys on its website or otherwise. EnerSys does not undertake any obligation to update or revise these statements to reflect events or circumstances occurring after the date of this press release.

About EnerSys

EnerSys, the global leader in stored energy solutions for industrial applications, manufactures and distributes energy systems solutions and motive power batteries, specialty batteries, battery chargers, power equipment, battery accessories and outdoor equipment enclosure solutions to customers worldwide. Energy Systems, which combine enclosures, power conversion, power distribution and energy storage, are used in the telecommunication, broadband and utility industries, uninterruptible power supplies, and numerous applications requiring stored energy solutions. Motive power batteries and chargers are utilized in electric forklift trucks and other industrial electric powered vehicles. Specialty batteries are used in aerospace and defense applications, large over-the-road trucks, premium automotive, medical and security systems applications. EnerSys also provides aftermarket and customer support services to its customers in over 100 countries through its sales and manufacturing locations around the world. With the NorthStar acquisition, EnerSys has solidified its position as the market leader for premium Thin Plate Pure Lead batteries which are sold across all three lines of business. More information regarding EnerSys can be found at www.enersys.com.

For more information, contact Michael J. Schmidtlein, Chief Financial Officer, EnerSys, P.O. Box 14145, Reading, PA 19612-4145, USA. Tel: 610-236-4040 or by emailing investorrelations@enersys.com.

Vancouver, British Columbia–(Newsfile Corp. – October 25, 2021) – Couloir Capital Ltd. is Pleased to Announce the Updating of Research Coverage and Target Price on Cypress Development Corp. (TSXV: CYP) (OTCQB: CYDVF) (FSE: C1Z1). The update report is titled, "Starting Up Pilot Plant Testing Operations and Entering into Water Rights Purchase Agreement."

Report excerpt: "CYP has been focused on advancing its development initiatives at Clayton Valley, with key events including the completion of its pilot plant and the purchase of local water rights. The company appears to be deploying capital from its ample cash reserves in a way that advances its project significantly, with the key short-term goal being successful completion of a FS on Clayton Valley. We expect that such an event will unlock substantial capital appreciation for shareholders, given the increased degree of certainty around project valuation. Apart from company-specific catalysts, we believe CYP is also well placed to benefit from macro-level tailwinds, including the recent build up in lithium developer M&A as well as greatly increased lithium hydroxide market pricing."

The report can be accessed through Couloir Capital's portal:
https://www.couloircapital.com/research-portal

About Cypress Development Corp.

Cypress Development is focused on developing the Company's 100%-owned Clayton Valley Lithium Project in Nevada, USA. Exploration and development by Cypress has discovered a world-class resource of lithium-bearing claystone adjacent to the Albemarle Silver Peak mine, North America's only lithium brine operation. The size of the resource makes the Clayton Valley Project a premier source that has the potential to impact the supply of lithium for the fast-growing global energy storage battery market.

About Couloir Capital Ltd.

Couloir Capital Ltd. is an investment research firm comprised of a team of veteran investment professionals dedicated to providing world-class opportunities in the natural resource exploration and development sectors along with real and alternative asset classes and strategies. Couloir Capital Ltd. is affiliated with a registered securities dealer, Couloir Capital Securities Ltd., and an investment entity, the West Cirque Fund Limited Partnership.

For further information, please contact:

Rob Stitt, Managing Director, Couloir Capital Ltd.

Email: rstitt@couloircapital.com

www.couloircapital.com

Analyst Disclosure: The analyst and/or affiliated companies do not hold shares in CYP.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/100803

Lithium miner Albemarle is the IBD Stock Of The Day as lithium prices climb on electric vehicle demand. ALB stock is near buy range Monday.

Highlights:

• Pit-Constrained Indicated Mineral Resource Estimate of 5.0 Mt grading 2.49 g/t AuEq and Inferred Mineral Resource Estimate of 13.7 Mt grading 2.24 g/t AuEq;

• Out-of-Pit Inferred Mineral Resource Estimate of 1.7 Mt grading 3.06 g/t AuEq; and

• The last exploration drilling campaign expanded a high-grade zinc-gold zone which intersected 4.67m of 15.05% Zn, 4.37 g/t Au, 57.88 g/t Ag and 0.36% Cu.

VANCOUVER, BC, Oct. 25, 2021 /CNW/ – Callinex Mines Inc. (the "Company" or "Callinex") (TSXV: CNX) (OTC: CLLXF) is pleased to announce an Updated Mineral Resource Estimate at the Company's 100% owned Point Leamington Deposit, Newfoundland (the "Project"). This Project hosts a VMS deposit (the "Deposit") with significant gold, copper and zinc mineralization that is open for expansion (Pt. Leamington Deposit 3D View). The Deposit is located within a mineral lease and accessible by road and trails approximately 37km from the city of Grand-Falls Windsor and 20km from the clean hydroelectric provincial power grid (District Overview Map). The Mineral Resource Estimate was prepared by P&E Mining Consultants Inc. ("P&E") for Callinex.

The Point Leamington Mineral Resource Estimate consists of a pit constrained Indicated Mineral Resource of 5.0 Mt grading 2.5 g/t gold equivalent ("AuEq") for 402 koz AuEq (145.7 koz gold ("Au"), 60.0 Mlb copper ("Cu"), 153.5 Mlb zinc ("Zn"), 2.0 Moz silver ("Ag"), 1.5 Mlb lead ("Pb")), an pit constrained Inferred Mineral Resource of 13.7 Mt grading 2.24 g/t AuEq for 986.5 koz AuEq (354.8 koz Au, 110.2 Mlb Cu, 527.3 Mlb Zn, 6.2 Moz Ag, 7.0 Mlb Pb) and an out-of-pit Inferred Mineral Resource of 1.7 Mt grading 3.06 g/t AuEq for 168.5 koz AuEq (65.4 koz Au, 13.3 Mlb Cu, 102.9 Mlb Zn, 1.4 Moz Ag, 2.6 Mlb Pb). See Table 1 on the breakdown of metal components that comprise the AuEq disclosure.

Max Porterfield, President & CEO of Callinex Mines stated, "The Point Leamington Mineral Resource Estimate with an Inferred Mineral Resource of over 1.1 million gold equivalent ounces coupled with an Indicated Mineral Resource of over 400 thousand gold equivalent ounces is significant in that we have now demonstrated a large, near surface deposit in the heart of Newfoundland. We plan to aggressively advance this project by completing additional metallurgical test work in tandem with exploration. This project fits in nicely with our attractive Canadian portfolio, as we continue to unlock substantial value for our shareholders."

Table 1: Point Leamington Resource Estimate Summary

Indicated Mineral Resource Estimate ^(1-8)

Inferred Mineral Resource Estimate ^(1-8)

Exploration

There is an opportunity to significantly expand a higher-grade portion of the Deposit with additional drilling at depth. The most recent hole drilled in 2004, PL04-077, intersected 4.67m grading 4.37 g/t Au, 15.05% Zn, 57.88 g/t Ag and 0.36% Cu. and PL-056 which intersected 4.51m 2.27 g/t Au, 8.84% Zn, 81.66 g/t Ag and 0.61% Cu are the two deepest holes to intersect the Deposit. Drill holes PL04-077 and PL-056 are located 150 metres apart with no cut-off holes below the 435 metre level (Pt. Leamington Longsection).

The Project also has potential to host additional tonnage along strike from the Point Leamington Deposit. Drill hole PL04-073, drilled during the most recent exploration campaign, intersected 3.9m grading 5.18% Zn, 1.65 g/t Au, 33.1 g/t Ag and 0.27% Cu (See Figure 2). The Company is currently reprocessing historic borehole pulse Electromagnetic data surrounding the largely untested area and additional drilling may be completed in the future.

The Point Leamington Deposit style of mineralization, alteration, and host rocks suggests that it is a Kuroko-type VMS deposit hosted in Cambro-Ordovician age rocks, which are similar to the past producing Buchans and Duck Pond Mines in the area. The massive sulphides occur at a transitional period between altered felsic volcanics (dominantly flows, breccias, and pyroclastic) and a sedimentary / mafic volcanic sequence. As a result of reviewing historical regional data, the Company believes that there is significant opportunity to discover additional deposits with further exploration efforts.

Resource Estimate Assumptions

The Mineral Resource Estimate was generated using inverse distance cubed for gold and silver and inverse distance squared for zinc, copper and lead, for grade interpolation within a 3-D block model, constrained by mineralized zones defined by wireframes solid models. The bulk density values used in the Mineral Resource Estimate were derived from a regression equation based on data measured from samples collected from Noranda drill core stored at the Newfoundland Department of Natural Resources Core Storage Facility in St. John's, Newfoundland.

The database for the Mineral Resource Estimate consisted of 94 drill holes totaling 28,172 m, of which a total of 57 drill holes totaling 15,660 m intersected the mineralization wireframes used for the Mineral Resource Estimate. The drill hole database contained assays for gold, zinc, copper, silver and lead as well as other metals of no economic importance. In June 2020 and May 2021, P&E carried out data verification on the historical database with a 168 sample drill core selection program from the Department of Natural Resources drill core storage facility in St. John's, Newfoundland.

The CDN$/t NSR values were calculated to determine the potentially economic portions of the pit constrained and out-of-pit constrained mineralization. The calculations included:

The C$/t NSR values of blocks were determined with the following formula:

C$/t NSR = (Au g/t x 37.92) + (Cu % x 66.67) + (Zn % x 15.68) + (Ag g/t x 0.19) + (Pb% x 0)

The pit-constrained Mineral Resource model was determined with a pit optimization, to ensure a reasonable assumption of potential economic extraction. The following are the parameters utilized in pit optimization:

Engages a Mining Consultant, Capital Markets Advisory CA

The Company also announces that it has engaged Capital Markets Advisory CA to increase awareness and the profile of the Company in the investment community, including introducing the Company to institutional investors. In consideration for these services, the Company has agreed to pay $6,000 per month and grant 25,000 stock options at a price of $[3.00] per share for a period of [five] years from the date of grant. The options will vest and become exercisable on a quarterly basis over a twelve month period. The term of the agreement is for a minimum of 6 months and may be terminated by either party with 30 days written notice. Capital Markets Advisory CA is controlled by Karen Mate.

Qualified Person

The contents of this news release have been reviewed and approved by J.J. O'Donnell, P. Geo, Exploration Manager to the Company, and by Eugene Puritch, P.Eng, FEC, CET, President of P&E Mining Consultants, who is independent of the Company. Messrs O'Donnell and Puritch are Qualified Persons as defined by NI 43-101. Mr. O'Donnell, P. Geo., is the Qualified Person for all technical information in this news release, excluding the 2021 Resource Estimate.

Point Leamington Project

The Point Leamington Project, consisting of Mining Lease 136(2655), is located approximately 37km by road and trails from the City of Grand-Falls Windsor and approximately 20km from the provincial power grid. The Deposit is a large, felsic-hosted VMS deposit that dips 70 degrees to the west, has a strike length of 500m and a maximum thickness of 85m. Massive sulphides have been intercepted to a depth of 360m below surface from a total of approximately 21,714m of drilling in 72 drill holes. Regional government mapping and lithogeochemical sampling has indicated that Point Leamington's host volcanic stratigraphy extends well beyond the vicinity of the Deposit.

About Callinex Mines Inc.

Callinex Mines Inc. (TSXV: CNX) (OTC: CLLXF) is advancing its portfolio of rich VMS deposits located in three established Canadian mining jurisdictions. The portfolio is highlighted by it's high grade Copper/Zinc Pine Bay Project in Flon Flon, Manitoba, located 25km to an operating processing facility that requires additional ore; the companies high grade VMS deposit, Nash Creek, in New Brunswick with a 2018 PEA that generates a strong economic return with a pre-tax IRR of 34.1% (25.2% post-tax) and NPV8% of $230 million ($128 million post-tax) at $1.25 zinc. The projects have significant exploration upside over a district-scale land package that encompasses several high-grade mineral occurrences along a 20km trend. In addition, the Point Leamington Project in Newfoundland that hosts a large, high grade VMS rich, felsic-hosted deposit.

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.

Some statements in this news release contain forward-looking information. These statements include, but are not limited to, statements with respect to future expenditures. These statements address future events and conditions and, as such, involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the statements. Such factors include, among others, the ability to complete the proposed drill program and the timing and amount of expenditures. Except as required under applicable securities laws, Callinex does not assume the obligation to update any forward-looking statement.

View original content to download multimedia:https://www.prnewswire.com/news-releases/callinex-announces-goldcopperzinc-mineral-resource-estimate-at-point-leamington-newfoundland-301407360.html

SOURCE Callinex Mines Inc.

View original content to download multimedia: http://www.newswire.ca/en/releases/archive/October2021/25/c5686.html

TORONTO, ON / ACCESSWIRE / October 25, 2021 / Bold Ventures Inc. (TSX.V:BOL) (the "Company" or "Bold") is pleased to report that its geological team has completed a prospecting, geological mapping, stripping and sampling program and have demobilized from the Traxxin Gold Project, east of Atikokan. Having inspected historical trenching on the claims at both the Main Zone and the Teardrop Zone, specific locations were cleaned and/or extended for mapping and sampling. Additionally, prospecting focussed on areas adjacent to and south of the Main Zone (see project details and maps). As a result, 5 new exposures have been cleaned, mapped and channel sampled for the first time.

Of particular note, is the presence of two new surface showings that exhibit prominent shearing and quartz flooding with associated sulphide mineralization varying from 1% to 10%. These showings have not been sampled in the past. A total of 103 samples have been taken from various locations within the claims and will be submitted for gold analysis to an accredited lab. A map showing the location of the new showings can be accessed here.

Historical geophysical surveys are being re-interpreted in order to improve the understanding of the relationship between the geophysical signature and the known gold mineralization. This will assist in determining the optimal survey system and coverage to identify and trace out possible gold-bearing horizons more clearly. Current geological interpretation indicates that multiple shear zones occur subparallel to the Main Zone. The character, orientation, continuity, and intensity of the shearing remains a focus of the exploration effort.

A study of polished thin section samples from historical drill core has been initiated. This is designed to improve the technical team's understanding of the mineralogical relationships with the gold mineralization encountered at the property. The work is being carried out under the supervision of Professor James Mungall, PhD, Carleton University, who is a member of Bold's Advisory Board.

Additional exploration work at the Traxxin property is being planned as the results from the current work are received and evaluated. For a view of the technical merits of the Traxxin Gold Project and our other properties please visit our website at www.boldventuresinc.com.

The technical and scientific disclosures in this news release have been reviewed and approved by Gerald D. White, B.Sc., P.Geo., a qualified person (QP) under National Instrument 43-101.

Traxxin Extension Joint Venture

In April 2017, Lac des Mille Lacs First Nation (LDMLFN) and Bold entered into a joint venture to explore the northeastern extension of the Traxxin Gold discovery. Pursuant to the Traxxin Extension Joint Venture Agreement, LDMLFN has the right to earn a 50% interest in the Traxxin Gold Property from Bold by paying to Bold 50% of the cash option payments, 50% of the expenditure requirements and reimbursing Bold for 50% of the value of the shares issued pursuant to the Option. If the Option is earned and both parties maintain their interest in the Traxxin Gold Property, Bold and LDMLFN will form a joint venture for the further exploration and development of the Traxxin Gold Property.

About Bold Ventures Inc.

The Company explores for Gold and Base Metals in Canada. Bold is exploring properties located within active gold camps of Northern Ontario. Bold also holds significant assets located within and around the emerging multi-metals district dubbed the Ring of Fire region, located in the James Bay Lowlands of Northern Ontario.

As a result of the current COVID-19 virus concerns, the Company's management and contractors are following public guidelines and taking recommended steps to protect the health and safety of all personnel while carrying out operations. As a result of the COVID-19 pandemic giving rise to local and national anti-virus measures, the scheduling of activities is subject to change. COVID-19 impacts may affect timing and availability of goods and services for the foreseeable future.

For additional information about Bold Ventures and our projects please visit www.boldventuresinc.com or contact us at 416-864-1456 or email us at info@boldventuresinc.com.

"David B Graham"
David Graham
President and CEO

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

Cautionary Note Regarding Forward-Looking Statements: This Press Release contains forward-looking statements that involve risks and uncertainties, which may cause actual results to differ materially from the statements made. When used in this document, the words "may", "would", "could", "will", "intend", "plan", "anticipate", "believe", "estimate", "expect" and similar expressions are intended to identify forward-looking statements. Such statements reflect our current views with respect to future events and are subject to such risks and uncertainties. Many factors could cause our actual results to differ materially from the statements made, including those factors discussed in filings made by us with the Canadian securities regulatory authorities. Should one or more of these risks and uncertainties, such actual results of current exploration programs, the general risks associated with the mining industry, the price of gold and other metals, currency and interest rate fluctuations, increased competition and general economic and market factors, occur or should assumptions underlying the forward looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, or expected. We do not intend and do not assume any obligation to update these forward-looking statements, except as required by law. Shareholders are cautioned not to put undue reliance on such forward-looking statements.

SOURCE: Bold Ventures Inc.

View source version on accesswire.com:
https://www.accesswire.com/669424/Bold-Ventures-Uncovers-New-Shear-Zone-at-Traxxin

With some minerals in short supply amid a global supply-chain crisis, the mining company is looking at ways it can produce additional minerals essential for modern technologies.

The Mosaic Company is a global leader in the fertilizer industry, perhaps the only company with the ability to produce and deliver two vital crop nutrients, phosphate and potash, on a massive scale. The On-Balance-Volume (OBV) line has been firming since June and tells us that buyers of MOS have been more aggressive. The OBV line is very bullish and the MACD oscillator is strong.

The market expects Mosaic (MOS) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended September 2021. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.

The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on November 1. On the other hand, if they miss, the stock may move lower.

While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's discussion of business conditions on the earnings call, it's worth handicapping the probability of a positive EPS surprise.

Zacks Consensus Estimate

This fertilizer maker is expected to post quarterly earnings of $1.59 per share in its upcoming report, which represents a year-over-year change of +591.3%.

Revenues are expected to be $3.8 billion, up 59.7% from the year-ago quarter.

Estimate Revisions Trend

The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.

Investors should keep in mind that an aggregate change may not always reflect the direction of estimate revisions by each of the covering analysts.

Price, Consensus and EPS Surprise

Earnings Whisper

Estimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. This insight is at the core of our proprietary surprise prediction model — the Zacks Earnings ESP (Expected Surprise Prediction).

The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.

Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.

A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.

Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).

How Have the Numbers Shaped Up for Mosaic?

For Mosaic, the Most Accurate Estimate is lower than the Zacks Consensus Estimate, suggesting that analysts have recently become bearish on the company's earnings prospects. This has resulted in an Earnings ESP of -0.03%.

On the other hand, the stock currently carries a Zacks Rank of #3.

So, this combination makes it difficult to conclusively predict that Mosaic will beat the consensus EPS estimate.

Does Earnings Surprise History Hold Any Clue?

While calculating estimates for a company's future earnings, analysts often consider to what extent it has been able to match past consensus estimates. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.

For the last reported quarter, it was expected that Mosaic would post earnings of $1.01 per share when it actually produced earnings of $1.17, delivering a surprise of +15.84%.

Over the last four quarters, the company has beaten consensus EPS estimates four times.

Bottom Line

An earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.

That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.

Mosaic doesn't appear a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.

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.

The stock is benefiting from the rising price of uranium, which inched closer to its multiyear high.

Earlier this morning, Alliance Resource Partners released its third-quarter 2021 financial and operating results and will now discuss these results, as well as our perspective on market conditions and outlook. Thank you, Brian, and welcome, everyone.

Vancouver, British Columbia–(Newsfile Corp. – October 25, 2021) – Wealth Minerals Ltd. (TSXV: WML) (OTCQB: WMLLF) (SSE: WMLCL) (FSE: EJZN) (the "Company" or "Wealth") makes the following announcement in accordance with National Instrument 62-103 The Early Warning System and Related Take-Over Bid and Insider Reporting Issues and National Instrument 62-104 Take-Over Bids and Issuer Bids.

The Company is pleased to announce that on October 22, 2021, the Company acquired 13,225,197 common shares (each, an "Acquired Share") of World Copper Ltd. ("World Copper") from Escalones Resource Corp. ("ERC"), a wholly owned subsidiary of Gold Springs Resource Corp. ("Gold Springs"; together with ERC, the "Vendor"), pursuant to a securities transfer agreement (the "Securities Transfer Agreement") among World Copper, the Company, Gold Springs and ERC for the aggregate purchase price of $4,364,315.01 (the "Acquisition").

Immediately prior to the closing of the Acquisition, the Company beneficially owned and had control and direction over an aggregate of 8,333,333 common shares of World Copper (the "WCU Shares"), representing approximately 16.72% of the issued and outstanding WCU Shares. Immediately after the closing of the Acquisition, the Company beneficially owns and has control and direction over an aggregate of 21,558,530 WCU Shares, representing approximately 43.26% of the issued and outstanding WCU Shares. The change in the Company's securityholding percentage of WCU Shares is approximately 26.54%.

Pursuant to the Securities Transfer Agreement, the Company also acquired from the Vendor a special warrant (the "Special Warrant") originally issued by World Copper to ERC on January 15, 2021. The Special Warrant entitles the holder thereof to acquire upon the deemed exercise of the Special Warrant, for no additional consideration, up to 8,148,900 common shares of World Copper (the "Special Warrant Shares") from time to time, upon the exercise of any of the 19,014,101 common share purchase warrants (the "WCU Warrants") of World Copper which were issued and outstanding as of January 15, 2021, all of which WCU Warrants remain issued and outstanding as of the date hereof.

Of the 13,225,197 Acquired Shares acquired by the Company, (i) 9,918,898 Acquired Shares will remain subject to a TSX Venture Exchange value securities escrow agreement made as of January 15, 2021 (the "Escrow Agreement") among World Copper, Computershare Investor Services Inc. and certain shareholders of World Copper; and (ii) 3,306,299 Acquired Shares are free trading. Any Special Warrant Shares issued will also be released from escrow in accordance with the Escrow Agreement.

The Company completed the Acquisition for investment purposes and, to the extent that the aggregate number of exercised Options (as defined below) is in excess of the number of WCU Shares owned by the Company immediately prior to the Acquisition, for resale purposes. The Company will review its holdings in World Copper on a continuing basis and, other than as a result of the deemed exercise of the Special Warrant resulting in the issuance of Special Warrant Shares to the Company, may from time to time and at any time, in their sole discretion, acquire or cause to be acquired additional securities of the Company, or dispose or cause to be disposed such securities, through open market transactions, private placements by the Company and other privately negotiated transactions, or otherwise, in each case in accordance with the Company's obligations to applicable securities laws.

The Company will file an early warning report under World Copper's profile on the SEDAR website at www.sedar.com. A copy of the early warning report can also be obtained from the Company's head office at Suite 2710 – 200 Granville Street, Vancouver, British Columbia, V6C 1S4, Attn.: Marla Ritchie (Phone: 604-331-0096 Ext. 3886).

Closing of Non-Brokered Private Placement

The Company is also pleased to announce that it has closed its previously announced non-brokered private placement (the "Offering") for aggregate gross proceeds of $5,750,000 through the issuance of 12,234,044 units (the "Units") at a subscription price of $0.47 per Unit.

Each Unit consists of one common share in the capital of the Company and one contractual option (each, an "Option") to purchase a WCU Share from the Company. Each Option will entitle the holder to purchase from the Company one WCU Share at the price of $0.33 for a period of three years. The Options held by each holder will be non-transferable and will be exercisable in accordance with the provisions of the certificates evidencing the Options.

In connection with the closing of the Offering, finder's fees were payable on a portion of the Offering to PI Financial Corp. ($9,870 cash), Canaccord Genuity Corp. ($9,376.50 cash) and Richardson Wealth Ltd. ($8,225 cash). All securities issued pursuant to the Offering will be subject to a hold period of four-months and one day in Canada from the closing of the Offering. The net proceeds were used to purchase 13,225,197 WCU Shares pursuant to the abovementioned Acquisition, and for general working capital.

A director of the Company (the "Related Party") participated in the Offering pursuant to the terms described above, purchasing in aggregate 2,127,660 Units. This constitutes a related party transaction pursuant to Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions ("MI 61-101"). The Company relied on Sections 5.5(a) and 5.7(1)(a) of MI 61-101 for an exemption from the formal valuation and minority shareholder approval requirements, respectively, as at the closing of the Offering, neither the fair market value of the Units issued in connection with the Offering, nor the fair market value of the consideration received by the Company for same, insofar as it involved the Related Party, exceeded 25% of the Company's market capitalization.

About Wealth Minerals Ltd.

Wealth is a mineral resource company with interests in Canada, Mexico and Chile. The Company's main focus is the acquisition and development of lithium projects in South America. To date, the Company has positioned itself to work alongside existing producers in the prolific Atacama salar, where the Company has a substantial license package.

Lithium market dynamics and a rapidly increasing metal price are the result of profound structural issues with the industry meeting anticipated future demand. Wealth is positioning itself to be a major beneficiary of this future mismatch of supply and demand. The Company also maintains and continues to evaluate a portfolio of precious and base metal exploration-stage projects.

For further details on the Company readers are referred to the Company's website (www.wealthminerals.com) and its Canadian regulatory filings on SEDAR at www.sedar.com.

On Behalf of the Board of Directors ofWEALTH MINERALS LTD.

"Hendrik van Alphen"Hendrik van AlphenChief Executive Officer

For further information, please contact:

Marla RitchiePhone: 604-331-0096 Ext. 3886 or 604-638-3886E-mail: info@wealthminerals.com

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 news release.

Cautionary Note Regarding Forward-Looking Statements

This news release contains forward-looking statements and forward-looking information (collectively, "forward-looking statements") within the meaning of applicable Canadian and U.S. securities legislation, including the United States Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact, included herein including, without limitation, statements regarding the amount of the Offering, the anticipated use of proceeds from the Offering, the anticipated deemed exercise of the Special Warrant and the number of Special Warrant Shares issuable thereunder, the exercise of Options, and the anticipated business plans and timing of future activities of the Company, are forward looking statements. Although the Company believes that such statements are reasonable, it can give no assurance that such expectations will prove to be correct. Forward-looking statements are typically identified by words such as: "believe", "will", "may", "expect", "anticipate", "intend", "estimate", "postulate" and similar expressions, or are those, which, by their nature, refer to future events that may, could, would, might or will occur or be taken or achieve. The Company cautions investors that any forward-looking statements by the Company are not guarantees of future results or performance, and that actual results may differ materially from those in forward-looking statements as a result of various factors, including, operating and technical difficulties in connection with mineral exploration and development activities, actual results of exploration activities, the estimation or realization of mineral reserves and mineral resources, the timing and amount of estimated future production, the costs of production, capital expenditures, the costs and timing of the development of new deposits, requirements for additional capital, future prices of lithium, changes in general economic conditions, changes in the financial markets and in the demand and market price for commodities, accidents, labour disputes and other risks of the mining industry, delays in obtaining governmental approvals, permits or financing or in the completion of development or construction activities, changes in laws, regulations and policies affecting mining operations, title disputes, the inability of the Company to obtain any necessary permits, consents, approvals or authorizations, the timing and possible outcome of any pending litigation, environmental issues and liabilities, and risks related to joint venture operations, and other risks and uncertainties disclosed in the Company's latest interim Management Discussion and Analysis and filed with certain securities commissions in Canada. All of the Company's Canadian public disclosure filings may be accessed via www.sedar.com and readers are urged to review these materials, including the technical reports filed with respect to the Company's mineral properties.

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

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/100690

For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to investors, even if it completely lacks a track record of revenue and profit. Unfortunately, high risk investments often have little probability of ever paying off, and many investors pay a price to learn their lesson.

If, on the other hand, you like companies that have revenue, and even earn profits, then you may well be interested in FMC (NYSE:FMC). Even if the shares are fully valued today, most capitalists would recognize its profits as the demonstration of steady value generation. Loss-making companies are always racing against time to reach financial sustainability, but time is often a friend of the profitable company, especially if it is growing.

See our latest analysis for FMC

FMC's Improving Profits

In the last three years FMC's earnings per share took off like a rocket; fast, and from a low base. So the actual rate of growth doesn't tell us much. As a result, I'll zoom in on growth over the last year, instead. FMC has grown its trailing twelve month EPS from US$4.23 to US$4.49, in the last year. That's a modest gain of 6.1%.

One way to double-check a company's growth is to look at how its revenue, and earnings before interest and tax (EBIT) margins are changing. FMC reported flat revenue and EBIT margins over the last year. That's not a major concern but nor does it point to the long term growth we like to see.

The chart below shows how the company's bottom and top lines have progressed over time. Click on the chart to see the exact numbers.

Of course the knack is to find stocks that have their best days in the future, not in the past. You could base your opinion on past performance, of course, but you may also want to check this interactive graph of professional analyst EPS forecasts for FMC.

Are FMC Insiders Aligned With All Shareholders?

Since FMC has a market capitalization of US$12b, we wouldn't expect insiders to hold a large percentage of shares. But we are reassured by the fact they have invested in the company. Given insiders own a small fortune of shares, currently valued at US$54m, they have plenty of motivation to push the business to succeed. This should keep them focused on creating long term value for shareholders.

It's good to see that insiders are invested in the company, but are remuneration levels reasonable? A brief analysis of the CEO compensation suggests they are. I discovered that the median total compensation for the CEOs of companies like FMC, with market caps over US$8.0b, is about US$11m.

The FMC CEO received US$5.9m in compensation for the year ending . That seems pretty reasonable, especially given its below the median for similar sized companies. CEO compensation is hardly the most important aspect of a company to consider, but when its reasonable that does give me a little more confidence that leadership are looking out for shareholder interests. It can also be a sign of a culture of integrity, in a broader sense.

Does FMC Deserve A Spot On Your Watchlist?

One important encouraging feature of FMC is that it is growing profits. Earnings growth might be the main game for FMC, but the fun does not stop there. Boasting both modest CEO pay and considerable insider ownership, I'd argue this one is worthy of the watchlist, at least. Still, you should learn about the 1 warning sign we've spotted with FMC .

Of course, you can do well (sometimes) buying stocks that are not growing earnings and do not have insiders buying shares. But as a growth investor I always like to check out companies that do have those features. You can access a free list of them here.

Please note the insider transactions discussed in this article refer to reportable transactions in the relevant jurisdiction.

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.

Whilst it may not be a huge deal, we thought it was good to see that the Getty Copper Inc. (CVE:GTC) Independent Director, Larry Reaugh, recently bought CA$50k worth of stock, for CA$0.05 per share. While that isn't the hugest buy, it actually boosted their shareholding by 1,316%, which is good to see.

Check out our latest analysis for Getty Copper

Getty Copper Insider Transactions Over The Last Year

In fact, the recent purchase by Larry Reaugh was the biggest purchase of Getty Copper shares made by an insider individual in the last twelve months, according to our records. We do like to see buying, but this purchase was made at well below the current price of CA$0.08. Because it occurred at a lower valuation, it doesn't tell us much about whether insiders might find today's price attractive.

While Getty Copper insiders bought shares during the last year, they didn't sell. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. By clicking on the graph below, you can see the precise details of each insider transaction!

Getty Copper is not the only stock that insiders are buying. For those who like to find winning investments this free list of growing companies with recent insider purchasing, could be just the ticket.

Insider Ownership of Getty Copper

Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. Getty Copper insiders own about CA$4.8m worth of shares (which is 53% of the company). I like to see this level of insider ownership, because it increases the chances that management are thinking about the best interests of shareholders.

What Might The Insider Transactions At Getty Copper Tell Us?

It is good to see recent purchasing. And the longer term insider transactions also give us confidence. But we don't feel the same about the fact the company is making losses. Along with the high insider ownership, this analysis suggests that insiders are quite bullish about Getty Copper. Looks promising! While we like knowing what's going on with the insider's ownership and transactions, we make sure to also consider what risks are facing a stock before making any investment decision. Every company has risks, and we've spotted 4 warning signs for Getty Copper (of which 3 are a bit concerning!) you should know about.

Of course Getty Copper may not be the best stock to buy. So you may wish to see this free collection of high quality companies.

For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions, but not derivative transactions.

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.

MELBOURNE, Australia, October 23, 2021–(BUSINESS WIRE)–Rio Tinto, BHP and Fortescue Metals Group (Fortescue) have agreed to partner and fund innovative, industry-first learning programs as part of a continued commitment towards mining sector workplaces that are free from sexual harassment, bullying and racism.

Through this partnership, Rio Tinto, BHP and Fortescue will fund and contribute to the design, build and implementation of new social awareness education packages for deployment through a range of education providers such as TAFE, Registered Training Organisations (RTOs), universities and high schools.

By starting conversations on these vital topics through education providers, the industry can make an important contribution to raise awareness of social wellbeing and related behaviours (collectively referred to as "psychosocial harm") for the benefit of all Western Australians.

The collaboration partners will invite leading experts in social wellbeing to form part of a working group bringing together government, community, industry and educators across TAFE, RTOs, universities and high schools in Western Australia to design and implement the program.

A pilot program for TAFE students will be developed through South Metropolitan TAFE. The pilot, to be developed in 2022, will form part of core learning requirements for students who may be planning to join Rio Tinto, BHP or Fortescue. South Metropolitan TAFE will go on to share this education package through the broader WA TAFE network.

The partnership will also explore the potential to work with universities and high schools to encompass broader education pathways across the State, as well as for delivery in workplaces. In time, these packages will be made available for application across broader industries and across other parts of Australia.

The education program is one of a number of initiatives introduced by mining companies to address sexual harassment, bullying and racism in WA’s mining sector.

All three companies joined with the Chamber of Minerals and Energy earlier this year to pledge support for the parliamentary inquiry into sexual harassment against women in the FIFO mining industry and committed to work together to eradicate these behaviours from the sector.

Comments attributed to Rio Tinto Chief Executive, Iron Ore, Simon Trott:

"Our number one priority is the safety, health and wellbeing of our people and our communities.

"We recognise that we have some way to go to achieve workplaces free from sexual harassment, bullying and racism across our industry and we are committed to making the changes needed to create a safer work environment where respectful behaviour is experienced by everyone.

"Education is one part of a range of measures Rio Tinto is introducing to create safer workplaces, including building leadership capability, improving our camp facilities, new rules on the consumption of alcohol, as well as improving the way we prevent, respond to, report and investigate incidents in order to build a respectful, safe and inclusive culture.

"We expect this partnership with BHP and FMG will help build a safer workplace and help empower our future workforce to create the culture we need."

Comments attributed to BHP WA Iron Ore asset president Brandon Craig:

"Sexual assault and sexual harassment have no place at BHP or anywhere in our industry.

"We are committed to providing a safe and inclusive workplace at all times, where disrespectful behaviours are eliminated.

"Education and training are critical to ensuring common understanding of the behaviours that are appropriate and acceptable at BHP.

"This industry collaboration will complement our existing internal training programs, leadership training, communication campaigns, and upgrades to camp security, and support services available to anyone who experiences disrespectful behaviour."

Comments attributed to Fortescue Metals Group Chief Executive Officer, Ms Elizabeth Gaines:

"The safety and wellbeing of the Fortescue family is our highest priority and we are strongly committed to providing a safe, diverse and inclusive work environment for all our team members.

"There is no place for harassment and bullying of any kind in the mining sector or in any workplace, and we will continue to work with industry partners to take decisive action to ensure our workplaces are safe for everyone.

"In line with our value of empowerment, this partnership with Rio Tinto and BHP will provide young West Australians looking at a career in the mining sector with the skills to identify and speak up against inappropriate behaviour and enhance the safety, culture and experience of working in WA’s mining sector."

View source version on businesswire.com: https://www.businesswire.com/news/home/20211023005002/en/

Contacts

Media contacts
Kate Barcham
0438 990 238
Kate.barcham@riotinto.com

Jamie Macdonald
0467 725 517
Jamie.Macdonald@riotinto.com

Alana Buckley-Carr
0416 295 600
alana.buckleycarr@bhp.com

Michael Vaughan
0422 602 720
mediarelations@fmgl.com.au

Category: Pilbara

FCX earnings call for the period ending September 30, 2021.

NEW YORK, Oct. 21, 2021 (GLOBE NEWSWIRE) — Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating certain officers and directors of Provention Bio, Inc. (NASDAQ: PRVB), Danimer Scientific, Inc. (NYSE: DNMR), AcelRX Pharmaceuticals, Inc. (NASDAQ: ACRX), and Piedmont Lithium Inc. (NASDAQ: PLL) on behalf of long-term stockholders. More information about each potential case can be found at the link provided.

Provention Bio, Inc. (NASDAQ: PRVB)

Bragar Eagel & Squire is investigating certain officers and directors of Provention Bio, Inc. following a class action complaint that was filed against Provention Bio on May 21, 2021.

The complaint alleges that, throughout the Class Period, defendants made false and misleading statements and failed to disclose that: (i) Provention Bio’s teplizumab BLA was deficient in its submitted form and would require additional data to secure FDA approval; (ii) accordingly, Provention Bio’s teplizumab BLA lacked the evidentiary support Provention Bio had led investors to believe it possessed; (iii) Provention Bio had thus overstated the teplizumab BLA’s approval prospects and hence the commercialization timeline for teplizumab; and (iv) as a result, Provention Bio’s public statements were materially false and misleading at all relevant times.

To learn more about our investigation into Provention Bio go to: https://bespc.com/cases/PRVB

Danimer Scientific, Inc. (NYSE: DNMR)

Bragar Eagel & Squire is investigating certain officers and directors of Danimer Scientific, Inc. following a class action complaint that was filed against Danimer Scientific on May 14, 2021.

The complaint alleges that throughout the Class Period defendants made materially false and misleading statements regarding the Company’s business, operations, and compliance policies. Specifically, Defendants made false and/or misleading statements and/or failed to disclose that: (i) Danimer had deficient internal controls; (ii) as a result, the Company had misrepresented, inter alia, its operations’ size and regulatory compliance; (iii) Defendants had overstated Nodax’s biodegradability, particularly in oceans and landfills; and (iv) as a result, the Company’s public statements were materially false and misleading at all relevant times.

To learn more about our investigation into Danimer Scientific go to: https://bespc.com/cases/DNMR

AcelRX Pharmaceuticals, Inc. (NASDAQ: ACRX)

Bragar Eagel & Squire is investigating certain officers and directors of AcelRX Pharmaceuticals, Inc. following a class action complaint that was filed against AcelRX on June 8, 2021.

The complaint alleges that, throughout the Class Period, defendants made materially false and misleading statements regarding the Company's business, operations, and compliance policies. Specifically, defendants made false and/or misleading statements and/or failed to disclose that: (i) AcelRx had deficient disclosure controls and procedures with respect to its marketing of DSUVIA; (ii) as a result, AcelRx had been making false or misleading claims and representations about the risks and efficacy of DSUVIA in certain advertisements and displays; (iii) the foregoing conduct subjected the Company to increased regulatory scrutiny and enforcement; and (iv) as a result, the Company's public statements were materially false and misleading at all relevant times.

To learn more about our investigation into AcelRX go to: https://bespc.com/cases/ACRX

Piedmont Lithium Inc. (NASDAQ: PLL)

Bragar Eagel & Squire is investigating certain officers and directors of Piedmont Lithium Inc. following a class action complaint that was filed against Piedmont on July 23, 2021.

The complaint alleges that, throughout the Class Period, defendants made false and/or misleading statements and/or failed to disclose that: (i) Piedmont has not, and would not, follow its stated steps or timeline to secure all proper and necessary permits; (ii) Piedmont failed to inform relevant people and governmental authorities of its actual plans; (iii) Piedmont failed to file proper applications with relevant governmental authorities (including state and local authorities); (iv) Piedmont and its lithium business does not have “strong governmental support”; and (v) as a result, defendants’ public statements were materially false and/or misleading at all relevant times.

To learn more about our investigation into Piedmont go to: https://bespc.com/cases/PLL

About Bragar Eagel & Squire, P.C.:
Bragar Eagel & Squire, P.C. is a nationally recognized law firm with offices in New York, California, and South Carolina. The firm represents individual and institutional investors in commercial, securities, derivative, and other complex litigation in state and federal courts across the country. For more information about the firm, please visit www.bespc.com. Attorney advertising. Prior results do not guarantee similar outcomes.

Contact Information:
Bragar Eagel & Squire, P.C.
Brandon Walker, Esq.
Alexandra B. Raymond, Esq.
(212) 355-4648
investigations@bespc.com
www.bespc.com

By Clara Denina and Melanie Burton

LONDON/MELBOURNE (Reuters) -Australia's securities watchdog has closed its investigation into former Rio Tinto Ltd executive Alan Davies over an alleged $10.5 million payment to a consultant in Guinea, citing insufficient evidence, according to a letter reviewed by Reuters.

Davies, formerly Rio's Energy and Minerals chief executive, was fired in late 2016 after Rio Tinto became aware https://www.reuters.com/article/us-rio-tinto-guinea-terminates-idUSKBN13B2Y4 of emails from 2011 that referred to payments to the consultant in connection with its vast Simandou iron ore project in the West African nation.

According to the letter, ASIC's investigation covered directors duties like care and diligence and operating in good faith, obligations of honesty, and true and correct books and records. It closed the investigation on all individuals involved.

"ASIC has concluded its investigation on the basis that there is insufficient evidence to establish to a court that there has been a breach of the law," the Australian Securities and Investments Commission (ASIC) said in the letter, dated Oct. 19 and addressed to Davies.

"As I said in 2016, Rio Tinto did have no grounds to dismiss me and that continues to be my view," Davies told Reuters.

Rio Tinto had no immediate comment.

ASIC acknowledged the letter, saying it would not take enforcement action. "We've noted that ASIC may recommence its investigation, or commence enforcement action, if circumstances change," a spokesperson said.

A spokesperson at London's Serious Fraud Office, which also started an investigation https://www.reuters.com/article/uk-britain-sfo-rio-tinto-idUKKBN1A9246 into the matter in 2017, said on Thursday that the probe remains active. Rio said at the time it had also referred the allegations to U.S. regulators.

(Reporting by Melanie Burton and Clara DeninaAdditional reporting by Kirstin Ridley in London;Editing by Richard Pullin and Frances Kerry)

Shares of Freeport-McMoRan, Inc. (FCX) declined 1.3% on Thursday after the company delivered mixed results for the third quarter of 2021. Freeport-McMoRan is a mining company that focuses on exploring copper, gold and molybdenum.

The company reported adjusted earnings of $0.89 per share in the third quarter, surpassing the Street estimates of $0.81 per share. Also, the bottom line increased significantly from $0.29 per share in the year-ago quarter. (See Freeport-McMoRan stock chart on TipRanks)

Adjusted revenues jumped 58% to $6.08 billion, lagging analysts’ expectations of $6.18 billion. The company witnessed growth in the sales of gold, copper and molybdenum during the quarter.

The Chairman and CEO of Freeport-McMoRan, Richard C. Adkerson, said, “Our balance sheet is strong and we are prepared to make value enhancing investments in our business while providing shareholders with increasing cash returns consistent with our established financial policy. The outlook for the copper market is extraordinarily positive. As a leader in the global copper industry, Freeport is well positioned for success in generating value for all stakeholders.”

For 2021, the company expects sales volumes to be about 3.8 billion pounds of copper, 1.3 million ounces of gold and 85 million pounds of molybdenum, including 1.025 billion pounds of copper, 375 thousand ounces of gold and 22 million pounds of molybdenum in the fourth quarter of 2021. Capital expenditures are expected to be nearly $2.3 billion.

Following the release, UBS analyst Andreas Bokkenheuser maintained a Hold rating on Freeport-McMoRan and lowered the price target to $37 (downside potential of 3.7%) from $39.

Based on 3 Buys, 4 Holds and 1 Sell rating, the stock has a Hold consensus rating. The average Freeport-McMoRan price target of $40.36 implies 5.1% upside potential from current levels.

FCX scores a 9 out of 10 on TipRanks’ Smart Score rating system, suggesting that the stock is likely to outperform market averages.

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Investors are always looking for stocks that are poised to beat at earnings season and Southern Copper Corporation SCCO may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report.

That is because Southern Copper is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat. After all, analysts raising estimates right before earnings — with the most up-to-date information possible — is a pretty good indicator of some favorable trends underneath the surface for SCCO in this report.

In fact, the Most Accurate Estimate for the current quarter is currently at $1.15 per share for SCCO, compared to a broader Zacks Consensus Estimate of $1.13 per share. This suggests that analysts have very recently bumped up their estimates for SCCO, giving the stock a Zacks Earnings ESP of +2.07% heading into earnings season.

Southern Copper Corporation Price and EPS Surprise

Southern Copper Corporation price-eps-surprise | Southern Copper Corporation Quote

Why is this Important?

A positive reading for the Zacks Earnings ESP has proven to be very powerful in producing both positive surprises, and outperforming the market. Our recent 10-year backtest shows that stocks that have a positive Earnings ESP and a Zacks Rank #3 (Hold) or better show a positive surprise nearly 70% of the time, and have returned over 28% on average in annual returns (see more Top Earnings ESP stocks here).

Given that SCCO has a Zacks Rank #3 and an ESP in positive territory, investors might want to consider this stock ahead of earnings. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Clearly, recent earnings estimate revisions suggest that good things are ahead for Southern Copper, and that a beat might be in the cards for the upcoming report.

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.

(Bloomberg) — Copper, aluminum and nickel erased early gains to resume their slide as the global energy crisis and growing concerns about global growth continue to roil the industry.

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The energy crunch, fueled by record coal and gas costs, has forced metal output cuts from China to Europe, depleting inventories, while suppliers such as copper mining giant Freeport-McMoRan Inc. are producing less metal than the market expected, adding to concerns of a tight market.

While tight markets traditionally support base metal prices, investors are now putting more weight on how soaring costs might hurt global growth. On the energy front, dwindling crude stockpiles could signal more reductions ahead for markets. President Joe Biden has warned gas prices will stay high this year, Europe’s leaders are bickering over power supplies, and Beijing is battling to secure winter fuel “at all costs.”

The London Metal Exchange’s index of metals prices has retreated from last week’s record high, driven by mounting demand concerns and worries around China Evergrande Group. While the indebted real-estate developer’s cash crisis has created a threat to the Chinese economy, market sentiment improved Friday as Evergrande staved off default.

Copper on the London Metal Exchange slid 1.3% to settle at $9,740 a metric ton 5:51 p.m. London time, and is down 5.6% for the week. Nickel and aluminum also retreated, while lead, tin and zinc rose.

Meanwhile, supply remains under pressure, especially in China. The country’s Jiangxi province started power rationing to industrial sectors including steel, aluminum and copper, according to researcher Mysteel. The southern province, a major producer of refined copper and copper products, is the latest to battle a power shortage that could worsen in winter heating season.

Chinese provinces have been rushing to meet annual energy intensity reduction goals by shutting plants. More than 30% of capacity in the steel, aluminum and cement industry must meet the government’s most stringent standards for emissions and energy efficiency by 2025, according to longer-term guidelines released on Thursday night.

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By Ernest Scheyder

(Reuters) -A U.S. appeals court on Friday questioned whether it had the power to override an act of Congress that gave Rio Tinto Ltd land in Arizona for its Resolution copper mine, which has been challenged by Native Americans. "It'd be nice if Congress or someone would make more sense out of this," said U.S. Circuit Judge Marsha Berzon, as the court appeared likely to support the U.S. government plan to give Rio Tinto the Arizona land.

Apache Stronghold, a group of Native Americans and conservationists, asked the 9th U.S. Circuit Court of Appeals in San Francisco to overturn a lower court's ruling https://www.reuters.com/business/us-judge-will-not-stop-land-transfer-rio-tinto-mine-arizona-2021-02-12 that allowed the government to give Rio the land.

The 49-minute hearing was the latest development in the long-running clash https://www.reuters.com/business/energy/arizona-mining-fight-pits-economy-evs-against-conservation-culture-2021-04-19/#:~:text=Arizona%20mining%20fight%20pits%20economy%2C%20EVs%20against%20conservation%2C%20culture,-By%20Ernest%20Scheyder&text=But%20U.S.%20President%20Joe%20Biden,in%20a%20drought-stricken%20state between members of Arizona's San Carlos Apache Tribe, who consider the land home to deities, and Rio and minority partner BHP Group Plc, who have spent more than $1 billion on the project without producing any copper.

Demand has been growing for the red metal used to make electric vehicles (EVs) and other electronics devices.

An attorney for the Apache Stronghold said the group was optimistic the court would rule in its favor, but would appeal to the U.S. Supreme Court should it lose. Rio Tinto and BHP declined to comment.

"It's really hard and frankly dangerous to try to predict which way the court is going to rule based on oral arguments," Luke Goodrich, an attorney for Apache Stronghold, told a San Francisco press conference after the hearing. "I think they'll see what the right thing is to do."

Judges questioned whether they had the power to reverse a 2014 decision by former President Barack Obama and Congress that set in motion a complex process to give Rio federally owned Arizona land that contains more than 40 billion pounds of copper in exchange for acreage that Rio owns nearby.

The three appeals court's judges are expected to rule in the near future. Meanwhile, the U.S. Congress is debating a bill that would undo https://www.reuters.com/world/us/us-house-committee-moves-block-rio-tintos-resolution-mine-2021-09-10 the 2014 legislation that approved the land transfer.

Previous court rulings have allowed the government to give away land it owns, even if the land is considered sacred by some groups. But courts have routinely also found that the government cannot force individuals to do something that would violate religious beliefs.

The Apaches have said that giving this land away to Rio Tinto effectively forces them to violate their religious beliefs, since they would not be able to worship at the site.

U.S. Circuit Judge Mary Murgia, one of the three judges, questioned that argument.

"It seems like you might be asking us to alter this test, and I'm not sure if that's appropriate for this panel to do here," Murgia said.

Goodrich, the attorney for Apache Stronghold, disagreed.

"The religious exercises that they've engaged in there for millennia will end" if Rio's mine is built, he told the court.

Berzon said she was sensitive to the historical mistreatment of Native Americans, but felt bound by law to restrict their deliberations to the narrow question under consideration in the case about whether the government can do what it wants with its own land.

Joan Pepin, a U.S. Department of Justice attorney, told judges that the Congress's move to give the land away should override any previous agreements Washington may have made with the Apache.

"When a statute and treaty rights conflict, the statue abrogates it," she said.

U.S. Circuit Judge Carlos Bea asked whether mediation could resolve the conflict. Attorneys for both side said that was unlikely.

(Reporting by Ernest Scheyder; additional reporting by Nathan Frandino and Carlos Barria; Editing by David Gregorio)

(Corrects typographical error in firat paragraph)

By Ernest Scheyder

Oct 22 (Reuters) – A federal appeal court on Friday questioned whether it had the power to override an act of Congress that gave Rio Tinto Ltd land in Arizona for its Resolution copper mine, which has been challenged by Native Americans.

"It'd be nice if Congress or someone would make more sense out of this," said U.S. Circuit Judge Marsha Berzon, as the court appeared likely to support the U.S. government plan to give Rio Tinto the Arizona land.

Apache Stronghold, a group of Native Americans and conservationists, asked the 9th U.S. Circuit Court of Appeals in San Francisco to overturn a lower court's ruling https://www.reuters.com/business/us-judge-will-not-stop-land-transfer-rio-tinto-mine-arizona-2021-02-12 that allowed the government to give Rio the land.

The 49-minute hearing was the latest development in the long-running clash https://www.reuters.com/business/energy/arizona-mining-fight-pits-economy-evs-against-conservation-culture-2021-04-19/#:~:text=Arizona%20mining%20fight%20pits%20economy%2C%20EVs%20against%20conservation%2C%20culture,-By%20Ernest%20Scheyder&text=But%20U.S.%20President%20Joe%20Biden,in%20a%20drought-stricken%20state between members of Arizona's San Carlos Apache Tribe, who consider the land home to deities, and Rio and minority partner BHP Group Plc, who have spent more than $1 billion on the project without producing any copper.

Demand has been growing for the red metal used to make electric vehicles (EVs) and other electronics devices.

An attorney for the Apache Stronghold said it was optimistic that the court would rule in its favor, but would appeal to the U.S. Supreme Court should it lose. Rio Tinto and BHP declined to comment.

Judges questioned whether they had the power to reverse a 2014 decision by former President Barack Obama and Congress that set in motion a complex process to give Rio federally owned Arizona land that contains more than 40 billion pounds of copper in exchange for acreage that Rio owns nearby.

The three appeals court's judges are expected to rule in the near future. Meanwhile, the U.S. Congress is debating a bill that would undo https://www.reuters.com/world/us/us-house-committee-moves-block-rio-tintos-resolution-mine-2021-09-10 the 2014 legislation that approved the land transfer.

Previous court rulings have allowed the government to give away land it owns, even if the land is considered sacred by some groups. But courts have routinely also found that the government cannot force individuals to do something that would violate religious beliefs.

The Apaches have said that giving this land away to Rio Tinto effectively forces them to violate their religious beliefs, since they would not be able to worship at the site.

U.S. Circuit Judge Mary Murgia, one of the three judges, questioned that argument.

"It seems like you might be asking us to alter this test, and I'm not sure if that's appropriate for this panel to do here," Murgia said.

Luke Goodrich, an attorney for Apache Stronghold, disagreed.

"The religious exercises that they've engaged in there for millennia will end" if Rio's mine is built, he said.

Berzon said she was sensitive to the historical mistreatment of Native Americans, but felt bound by law to restrict their deliberations to the narrow question under consideration in the case about whether the government can do what it wants with its own land.

Joan Pepin, a U.S. Department of Justice attorney, told judges that the Congress's move to give the land away should override any previous agreements Washington may have made with the Apache.

"When a statute and treaty rights conflict, the statue abrogates it," she said.

U.S. Circuit Judge Carlos Bea asked whether mediation could resolve the conflict. Attorneys for both side said that was unlikely.

(Reporting by Ernest Scheyder; additional reporting by Nathan Frandino and Carlos Barria; Editing by David Gregorio)

There are a lot of cases of right stock, wrong time lately, like with LAC stock. This is why second chances are important.

(Adds quote from press conference)

By Ernest Scheyder

Oct 22 (Reuters) – A U.S. appeals court on Friday questioned whether it had the power to override an act of Congress that gave Rio Tinto Ltd land in Arizona for its Resolution copper mine, which has been challenged by Native Americans.

"It'd be nice if Congress or someone would make more sense out of this," said U.S. Circuit Judge Marsha Berzon, as the court appeared likely to support the U.S. government plan to give Rio Tinto the Arizona land.

Apache Stronghold, a group of Native Americans and conservationists, asked the 9th U.S. Circuit Court of Appeals in San Francisco to overturn a lower court's ruling https://www.reuters.com/business/us-judge-will-not-stop-land-transfer-rio-tinto-mine-arizona-2021-02-12 that allowed the government to give Rio the land.

The 49-minute hearing was the latest development in the long-running clash https://www.reuters.com/business/energy/arizona-mining-fight-pits-economy-evs-against-conservation-culture-2021-04-19/#:~:text=Arizona%20mining%20fight%20pits%20economy%2C%20EVs%20against%20conservation%2C%20culture,-By%20Ernest%20Scheyder&text=But%20U.S.%20President%20Joe%20Biden,in%20a%20drought-stricken%20state between members of Arizona's San Carlos Apache Tribe, who consider the land home to deities, and Rio and minority partner BHP Group Plc, who have spent more than $1 billion on the project without producing any copper.

Demand has been growing for the red metal used to make electric vehicles (EVs) and other electronics devices.

An attorney for the Apache Stronghold said the group was optimistic the court would rule in its favor, but would appeal to the U.S. Supreme Court should it lose. Rio Tinto and BHP declined to comment.

"It's really hard and frankly dangerous to try to predict which way the court is going to rule based on oral arguments," Luke Goodrich, an attorney for Apache Stronghold, told a San Francisco press conference after the hearing. "I think they'll see what the right thing is to do."

Judges questioned whether they had the power to reverse a 2014 decision by former President Barack Obama and Congress that set in motion a complex process to give Rio federally owned Arizona land that contains more than 40 billion pounds of copper in exchange for acreage that Rio owns nearby.

The three appeals court's judges are expected to rule in the near future. Meanwhile, the U.S. Congress is debating a bill that would undo https://www.reuters.com/world/us/us-house-committee-moves-block-rio-tintos-resolution-mine-2021-09-10 the 2014 legislation that approved the land transfer.

Previous court rulings have allowed the government to give away land it owns, even if the land is considered sacred by some groups. But courts have routinely also found that the government cannot force individuals to do something that would violate religious beliefs.

The Apaches have said that giving this land away to Rio Tinto effectively forces them to violate their religious beliefs, since they would not be able to worship at the site.

U.S. Circuit Judge Mary Murgia, one of the three judges, questioned that argument.

"It seems like you might be asking us to alter this test, and I'm not sure if that's appropriate for this panel to do here," Murgia said.

Goodrich, the attorney for Apache Stronghold, disagreed.

"The religious exercises that they've engaged in there for millennia will end" if Rio's mine is built, he told the court.

Berzon said she was sensitive to the historical mistreatment of Native Americans, but felt bound by law to restrict their deliberations to the narrow question under consideration in the case about whether the government can do what it wants with its own land.

Joan Pepin, a U.S. Department of Justice attorney, told judges that the Congress's move to give the land away should override any previous agreements Washington may have made with the Apache.

"When a statute and treaty rights conflict, the statue abrogates it," she said.

U.S. Circuit Judge Carlos Bea asked whether mediation could resolve the conflict. Attorneys for both side said that was unlikely.

(Reporting by Ernest Scheyder; additional reporting by Nathan Frandino and Carlos Barria; Editing by David Gregorio)

Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.

While many investors like to look for momentum in stocks, this can be very tough to define. There is a lot of debate surrounding which metrics are the best to focus on and which are poor quality indicators of future performance. The Zacks Momentum Style Score, part of the Zacks Style Scores, helps address this issue for us.

Below, we take a look at Teck Resources Ltd (TECK), a company that currently holds a Momentum Style Score of B. We also talk about price change and earnings estimate revisions, two of the main aspects of the Momentum Style Score.

It's also important to note that Style Scores work as a complement to the Zacks Rank, our stock rating system that has an impressive track record of outperformance. Teck Resources Ltd currently has a Zacks Rank of #1 (Strong Buy). Our research shows that stocks rated Zacks Rank #1 (Strong Buy) and #2 (Buy) and Style Scores of A or B outperform the market over the following one-month period.

You can see the current list of Zacks #1 Rank Stocks here >>>

Set to Beat the Market?

Let's discuss some of the components of the Momentum Style Score for TECK that show why this company shows promise as a solid momentum pick.

Looking at a stock's short-term price activity is a great way to gauge if it has momentum, since this can reflect both the current interest in a stock and if buyers or sellers have the upper hand at the moment. It's also helpful to compare a security to its industry; this can show investors the best companies in a particular area.

For TECK, shares are up 9.51% over the past week while the Zacks Mining – Miscellaneous industry is up 6.2% over the same time period. Shares are looking quite well from a longer time frame too, as the monthly price change of 12.52% compares favorably with the industry's 7.21% performance as well.

While any stock can see a spike in price, it takes a real winner to consistently outperform the market. Shares of Teck Resources Ltd have increased 19.97% over the past quarter, and have gained 103.28% in the last year. In comparison, the S&P 500 has only moved 4.72% and 34.13%, respectively.

Investors should also take note of TECK's average 20-day trading volume. Volume is a useful item in many ways, and the 20-day average establishes a good price-to-volume baseline; a rising stock with above average volume is generally a bullish sign, whereas a declining stock on above average volume is typically bearish. Right now, TECK is averaging 4,354,742 shares for the last 20 days.

Earnings Outlook

The Zacks Momentum Style Score encompasses many things, including estimate revisions and a stock's price movement. Investors should note that earnings estimates are also significant to the Zacks Rank, and a nice path here can be promising. We have recently been noticing this with TECK.

Over the past two months, 10 earnings estimates moved higher compared to none lower for the full year. These revisions helped boost TECK's consensus estimate, increasing from $2.69 to $3.22 in the past 60 days. Looking at the next fiscal year, 12 estimates have moved upwards while there have been no downward revisions in the same time period.

Bottom Line

Taking into account all of these elements, it should come as no surprise that TECK is a #1 (Strong Buy) stock with a Momentum Score of B. If you've been searching for a fresh pick that's set to rise in the near-term, make sure to keep Teck Resources Ltd on your short list.

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Investors are always looking for stocks that are poised to beat at earnings season and Teck Resources Limited TECK may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report.

That is because Teck Resources is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat. After all, analysts raising estimates right before earnings — with the most up-to-date information possible — is a pretty good indicator of some favorable trends underneath the surface for TECK in this report.

In fact, the Most Accurate Estimate for the current quarter is currently at $1.16 per share for TECK, compared to a broader Zacks Consensus Estimate of $1.06 per share. This suggests that analysts have very recently bumped up their estimates for TECK, giving the stock a Zacks Earnings ESP of +9.86% heading into earnings season.

Teck Resources Limited Price and EPS Surprise

Teck Resources Limited price-eps-surprise | Teck Resources Limited Quote

Why is this Important?

A positive reading for the Zacks Earnings ESP has proven to be very powerful in producing both positive surprises, and outperforming the market. Our recent 10-year backtest shows that stocks that have a positive Earnings ESP and a Zacks Rank #3 (Hold) or better show a positive surprise nearly 70% of the time, and have returned over 28% on average in annual returns (see more Top Earnings ESP stocks here).

Given that TECK has a Zacks Rank #1 (Strong Buy) and an ESP in positive territory, investors might want to consider this stock ahead of earnings. You can see the complete list of today’s Zacks #1 Rank stocks here.

Clearly, recent earnings estimate revisions suggest that good things are ahead for Teck Resources, and that a beat might be in the cards for the upcoming report.

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Teck Resources Ltd (TECK) : Free Stock Analysis Report

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