Gold Strike Announces Commencement of Drilling at Florin Gold Project, Yukon
(TSXV: GSR) Gold Strike Resources Corp. announces the commencement of drilling at its Florin Gold Project, Yukon, Canada. The current Florin Project pit-constrained inferred resource is 2.507 million oz, with a projected strike length of approximately 925 metres, within a broader 5,000 m gold-in-soil anomaly. The 2026 drill and exploration program comprises over 8,000 m of diamond drilling, with the initial 10 holes (~5,000 m) targeting the higher-grade, unconstrained southwestern portion of the deposit. The Florin Project consists of 500 quartz claims (~89km²) located in the Mayo and Dawson Mining Districts, Yukon, Canada. The mineral resource estimate was prepared by GeoSim Services Inc. (Ronald G. Simpson, P.Geo.) and David Kelsch, P.Geo., with an effective date of December 5, 2025. Gold Strike expects gold fire assay results within three weeks of delivery of the core samples to the analytical laboratory, with initial results from hole 1 anticipated in early August and expected to be released on a hole-by-hole basis. The company projects that the drill program will collect geotechnical data and metallurgical samples to support advancement toward a future pre-feasibility study.
Legacy Gold Starts RC Drilling at the Baner Gold Mine Property and is on Target to Complete Its 40,000 Foot 2026 Program; MT GEO Survey Flown
(TSXV: LEGY) Legacy Gold Mines Ltd. reports progress on its 2026 Exploration Plan to drill 40,000 feet at the Baner Gold Mine Property in Idaho County, Idaho, USA. The first phase involved core drilling the first 12,000 feet (3,658 meters), with reverse circulation drilling for the remaining 28,000 feet (8,536 meters). Nine core holes have been drilled to date, with two more pending, and RC drilling has commenced. Thirty-five holes are planned in the Main Zone area (7 core holes and 28 RC holes), ten holes in the NE Zone (2 core holes and 8 RC holes), and six holes in the NW Zone (4 core holes and 2 RC holes). The initial exploration target at the Baner Property is approximately 50.3 million to 55.3 million tonnes at average grades ranging from approximately 0.72 g/t Au to 0.91 g/t Au. Initial metallurgical cyanide leach testing gave 87.1%-93.2% recovery. The company projects that further drilling and technical studies may support a future mineral resource estimate.
Roxmore Resources Reports Strong Drill Results at the Converse Gold Project, Battle Mountain - Eureka Trend Nevada
(TSX: RM) (OTCQX: GARLF) Roxmore Resources Inc. reported gold and silver assay results from its ongoing drill campaign at the Converse Gold Project, including a significant intercept of 247.2m grading 0.51 g/t Au and 3.79 g/t Ag from 131.7m in hole CV26-010C, with a higher-grade interval of 34.3m grading 1.25 g/t Au from 246.3m. The company is conducting a Phase 1, 30,000-metre infill and extension winter drilling campaign, with one RC rig and one diamond core rig currently operating, and a second diamond drill rig scheduled to arrive in mid-July and a second RC drill expected in September. The Converse Gold Project contains an Indicated Mineral Resource Estimate of 103 million tonnes at an average gold grade of 0.65 g/t, containing 2.16 million ounces Au, and an Inferred Mineral Resource estimate of 218 million tonnes at an average gold grade of 0.43 g/t containing 3.04 million ounces Au. The completed PEA outlines an After-Tax NPV5% of US$2.7 Billion, IRR of 43%, and payback achieved in 2.2 years at a long term consensus gold price of US$3,600/oz. The Simple Heap leach operation features 3.5 million payable ounces LOM at 267,000 oz per year on average in the first full 8 years of production and 246,000 oz on average over the 14-year Life of Mine. Drilling is planned to continue throughout 2026 and 2027. The company projects ongoing drill results, silver re-assay program results, development and permitting updates in Q3 2026, and metallurgical testwork results and an updated Mineral Resource Estimate in Q1 2027.
Dow Jones Futures Fall, Techs Rise Amid Iran News; Nvidia, Valero, Dell, SpaceX In Focus
Oil prices are experiencing upward momentum, driven by developments related to Iran. The geopolitical landscape surrounding Iran often influences market sentiment, and current news is contributing to this bullish trend in crude. As tensions or uncertainties regarding Iran's oil production and exports increase, traders are likely to anticipate potential supply disruptions, which can tighten the market and push prices higher. Meanwhile, the rise in tech stocks, particularly in AI sectors like Nvidia and Dell, indicates a shift in investor focus, but this does not detract from the underlying strength in oil prices. The interplay between tech performance and energy markets highlights the complex dynamics at play, where investor sentiment in one sector can impact another. Valero, a key player in refining, may also see fluctuations in its stock price as oil prices rise, affecting margins and operational costs. Investors should remain vigilant about how geopolitical developments, particularly those involving Iran, can create volatility in oil markets. The current environment suggests that while tech stocks may be gaining attention, the energy sector is poised for movement based on external factors. Overall, the combination of rising oil prices and tech stock performance reflects a multifaceted market landscape that warrants close monitoring.
Questcorp and Riverside Resources Complete Complementary Geophysics Programs as Drilling Continues at La Union Project
(CSE: QQQ) (OTCQB: QQCMF) Questcorp Mining Inc. announced the completion of expanded drone magnetic and IP geophysical programs linked to current drilling at the La Union Project, Sonora, Mexico. A further 248-line kms of drone magnetics were completed, consisting of 193-line kms at 100m line spacings and 55-line kms of tie lines. Additionally, 8-line kms of IP were completed, adding to the 4-line kms completed in 2025. Four holes totaling 400 metres have been completed since Phase 1 drilling commenced on June 9th, with samples now at the Zacatecas laboratory. The completed IP survey comprised 5 dipole-dipole lines with a 50m dipole spacing, providing resistivity and conductivity data to a depth of about 200m. Questcorp holds an option to acquire a 100-per-cent interest in mineral claims totaling 1,168.09 hectares at the North Island Copper property and 2,520.2 hectares at the La Union Project. The company projects that geophysics combined with surface geochemistry should provide more refined targets for the ongoing drill program.
Commerzbank Says Equities, U.S. Stocks Futures Edge Higher as Middle East Tension Stay in Focus; Oil, Treasuries Steady
U.S. equity futures are showing strength, reflecting a broader market sentiment that remains cautiously optimistic despite ongoing tensions in the Middle East. This geopolitical backdrop continues to exert pressure on oil prices, as investors weigh the potential for supply disruptions against current inventory levels. Oil prices have steadied, indicating a balance between concerns over geopolitical risks and the fundamentals of supply and demand. The stability in oil prices suggests that traders are currently not anticipating immediate disruptions to supply chains, even as tensions persist. Additionally, the performance of U.S. Treasuries remains steady, which may indicate that investors are seeking safe-haven assets amid uncertainty. The interplay between equities and oil prices highlights a complex market dynamic where risk appetite can influence energy demand forecasts. As tensions in the Middle East evolve, any escalation could lead to a reassessment of supply risks, potentially driving oil prices higher. Conversely, if the situation stabilizes, we may see a continued focus on U.S. production levels and inventory data, which could keep prices in check. Investors should remain vigilant, as shifts in geopolitical sentiment can quickly alter the landscape for oil and energy markets. Overall, the current market environment reflects a delicate balance between optimism in equities and caution in energy prices, with the potential for volatility as events unfold.
Mexico: TotalEnergies Ships to Asia the Very
(LSE:TTE, NYSE:TTE) TotalEnergies has shipped to Asia the very first cargo from ECA LNG Phase 1, a liquefied natural gas (LNG) export terminal currently under commissioning on Mexico’s Pacific Coast, in Baja California. TotalEnergies holds a 16.6% stake in the project alongside operator Sempra Infrastructure and will offtake 1.7 million tonnes per year (Mtpa) of LNG for 20 years from the start of commercial operations. ECA LNG Phase 1 consists of a single-train liquefaction facility with a nameplate LNG capacity of 3.25 million tonnes per annum (Mtpa), supplied with U.S. feed gas sourced from the Permian Basin in Texas and New Mexico. TotalEnergies is the world’s third largest LNG player with a global portfolio of 44 million tonnes in 2025 and access to more than 20 Mtpa of regasification capacity in Europe. The project is expected to reach substantial completion in the summer 2026, with long-term LNG sales agreements taking effect shortly thereafter as the facility enters commercial operations. TotalEnergies’ ambition is to increase the share of natural gas in its sales mix to close to 50% by 2030. A second larger phase is also under development at the same site.
Sempra Infrastructure's ECA LNG Phase 1 Exports First LNG Cargo from Mexico's Pacific Coast
(NYSE: SRE) Sempra Infrastructure, a subsidiary of Sempra, announced that the ECA LNG Phase 1 project in Ensenada, Mexico, has safely and successfully loaded and shipped its first cargo of liquefied natural gas (LNG). The ECA LNG Phase 1 consists of a single liquefaction train with nameplate capacity of 3.25 million tonnes per annum (Mtpa) of LNG. The project is a joint venture with TotalEnergies and is supported by long-term sale and purchase agreements with TotalEnergies and Mitsui & Co. The project is expected to reach substantial completion in the summer of 2026, with sales under long-term sale and purchase agreements commencing shortly thereafter, when the facility begins commercial operations. A second and significantly larger phase is also under active development at the same site. Sempra Infrastructure is headquartered in Houston and is focused on developing, building, operating and investing in modern energy infrastructure in North America. The ECA LNG facility is described as a cornerstone of Sempra Infrastructure's dual-coast LNG portfolio.
$130 Billion in AI Data Centers were Just Blocked. Where Does the AI Boom Go Now
(NASDAQ:AIBZ) Bitzero signed a binding letter for a 15-year lease worth roughly $2.6 billion with cloud and network provider OneQode in May, committing the full 110-megawatt initial capacity of its Namsskogan, Norway site. The company began trading on the Nasdaq on June 9, after previously being listed on a junior exchange. Bitzero controls more than a gigawatt of low-cost, clean power capacity across Norway and Finland, with its Finland site in Kokemäki planned to support up to a full gigawatt and a confirmed 400 kV grid connection. The Namsskogan site draws 100% renewable hydroelectric power at 3 to 4 cents per kilowatt-hour and holds its own license to connect directly to the high-voltage grid. Bitzero expects the OneQode agreement to generate roughly $2.6 billion in revenue over the life of the lease, with operations slated to begin in the first half of 2027 and an estimated 85% net operating income margin, equating to around $178 million in annual revenue at full capacity and about $151 million in net operating income. The company estimates the campus can scale toward 315 megawatts, and its North Dakota site is a decommissioned anti-ballistic missile complex repurposed for sensitive computing.
SM Energy Schedules Second Quarter 2026 Conference Call for August 6, 2026
(NYSE: SM) SM Energy Company announced that it plans to release second quarter 2026 financial and operating results after market close on August 5, 2026. The Company will hold a conference call to discuss results on August 6, 2026, at 8:00 a.m. MT (10:00 a.m. ET). SM Energy Company describes itself as a premier, scaled operator of top-tier oil and gas assets across four leading U.S. shale basins: the Permian Basin, DJ Basin, South Texas, and Uinta Basin. The Company states it is focused on operational excellence, disciplined capital allocation, and delivering growing returns to stockholders. SM routinely posts important information about the Company on its website. The replay of the conference call will also be available on the Company's website under the 'Investor Relations' section. For more information, visit www.sm-energy.com.
Surge Announces Addition of Cesium-Rubidium to Nevada North Following Averages of up to 291ppm Rb and 125ppm Cs in Primary Horizons
(TSXV: NILI) (OTCQX: NILIF) Surge Battery Metals Inc. announced that Nevada North Lithium, LLC, the joint venture between Surge and Evolution Mining Limited, has received final analytical reruns for all 2022 and 2023 drill holes on the Nevada North Lithium Project. The results confirm geochemical continuity of Cesium (Cs) and Rubidium (Rb) across the entire deposit footprint, with average grades of 125 ppm Cs and 291 ppm Rb at a 2,000-ppm Li cut-off, and 120 ppm Cs and 277 ppm Rb at a 1,250-ppm Li cut-off. The project reported an after-tax NPV8% of US $9.17 Billion and after-tax IRR of 22.8% at $24,000/t LCE and an OPEX of US $5,243/t LCE, as disclosed in the Preliminary Economic Assessment dated May 19, 2025. The pit-constrained Measured & Indicated Resource contains an estimated 10.51 Mt of Lithium Carbonate Equivalent (LCE) grading 3007 ppm Li at a 1,250-ppm cutoff. Surge has granted a total of 6,950,000 stock options, exercisable for five years at an exercise price of $0.70 a share. The company projects integrating Cesium and Rubidium results into the upcoming Pre-Feasibility Study (PFS) and is actively evaluating the potential to recover these as high-value co-products or by-products. The first three rounds of drilling identified a mineralized zone of lithium bearing clays with a strike length of more than 4,300 meters and a known width of greater than 1,500 meters.
GMG Board Approves Capital for Engineering of Factory for Graphene Factories
(TSXV: GMG) Graphene Manufacturing Group Ltd. announced that its Board of Directors has approved AU$1.2 million in capital expenditure for the next stage of detailed design, engineering and long-lead procurement for its next-generation graphene manufacturing plant. The planned Fulcrum Facility will be located in GMG's newly leased warehouse in Richlands, near the existing GMG "Boundary" Facility (HQ) in Queensland, Australia. The Fulcrum Facility will include an area for assembling Graphene Modular Production Units (MPU's) and a separate operating area for up to 5 separate Graphene MPU's, each with an estimated capacity of up to 20 tonnes per annum. Once fully completed and optimised, the Fulcrum Facility is expected to have annual production capacity of up to 100 tonnes of graphene and to assemble and commission up to 12 additional MPU's per annum, equivalent to a further 240 tonnes of annual graphene production capacity. The facility is also expected to be largely self-powered through standalone energy generation using renewable sources, an energy storage system and hydrogen-enriched natural gas supplied by tail gas power generation. GMG is progressing site selection and government approvals studies for locating a graphene production facility in both USA and Canada. The company projects that optimisation of the Gen 2.0 Plant for graphene quality, production rate, graphene packing, and self-power generation will not be completed until the end of 2026.
TVL and E3 Lithium Refining Partnership
(LSE: ALK) Alkemy Capital Investments plc announced that its wholly owned subsidiary, Tees Valley Lithium Ltd (TVL), has entered into a non-binding Heads of Terms with E3 Lithium Ltd. for a proposed long-term refining partnership. The agreement outlines that E3 would utilise TVL's UK lithium hydroxide conversion capacity to convert lithium carbonate from E3's Clearwater Project in Alberta, Canada into battery-grade lithium hydroxide, with up to 50,000t over an initial 10-year term. TVL is building a £185 million merchant lithium refinery in the Billingham chemical cluster Teesside, designed to refine 25,000 tonnes per year of battery-grade lithium using Veolia's process technology, supporting the production of 550,000 electrical vehicles. E3 Lithium has a total of 21.2 million tonnes (Mt) of lithium carbonate equivalent (LCE) Measured and Indicated, 0.3 Mt LCE Inferred mineral resources, and a 1.13 Mt LCE proven and probable mineral reserve in Alberta, Canada. The Clearwater Pre-Feasibility Study outlined a pre-tax NPV(8%) of USD 5.2 Billion with a 29.2% IRR and an after-tax NPV(8%) of USD 3.7 Billion with a 24.6% IRR. The Heads of Terms builds on TVL's previously announced binding offtake agreement with a wholly owned subsidiary of Glencore plc for up to 10,000 tonnes per annum of battery-grade lithium hydroxide. The company projects that the partnership will provide E3 with access to a lithium hydroxide supply chain to diversify both the geographical reach and the lithium chemistries available to its customers.