Rocket Companies completes purchase of Redfin
"I've used Redfin every day for the last 20 years. It helped me find and fall in love with my first home, completely changing how I thought about real estate," Varun Krishna, CEO of Rocket Companies said in a statement Tuesday. "The Redfin team is best-in-class at building simple, intuitive experiences - perfectly aligned with Rocket's vision for the future of homeownership."
Founded in 2004, Seattle-based Redfin features more than 1 million for-sale and rental listings, draws nearly 50 million monthly visitors and operates a brokerage with more than 2,200 real estate agents nationwide. Redfin's web site Tuesday showed a revamped brand identity with the tagline "Redfin Powered by Rocket."
"The gulf between the American Dream of homeownership and the reality has never been wider," Glenn Kelman, CEO of Redfin said in a statement. "The reason Rocket and Redfin came together was to bridge that gap - so the people who spend their days dreaming on Redfin.com can more easily use Rocket to turn those dreams into reality."
Earlier this year, Rocket announced that it would acquire Redfin in an all-stock deal - one of two acquisitions expected for Rocket this year. The second is mortgage servicer Mr. Cooper Group Inc., which is expected to be an all-stock deal worth $9.4 billion.
The acquisition has long-term potential, though the timing may present some short-term challenges, said Tim Nash, vice president emeritus and director of the McNair Center at Northwood University.
"Currently, home sales are in a slump - the worst period in at least seven years for new and used home sales," he said. "Interest rates are high, and the economy seems to be slowing."
Nash said Rocket is making a strategic play by acquiring Redfin's online tools and brand, as opposed to paying the expense to expand internally. The result could be a better experience for Rocket and Redfin consumers.
"They are going to benefit from a lot of the greater online capacity, greater web presence that they'll incorporate from Redfin into Rocket," he said. "So the average customer should get more information and be better, more quickly served with a lot more information."
To mark the occasion, the companies introduced Rocket Preferred Pricing. Clients who finance their home through Rocket Mortgage and purchase a home listed by a Redfin agent or with the help of a Redfin agent will have a 1% interest rate reduction for the first year or receive a lender credit at closing, up to $6,000.
Rocket and Redfin officials said they plan to launch additional products for homebuyers, real estate agents and mortgage brokers in the coming months.
Copyright (C) 2025, Tribune Content Agency, LLC. Portions copyrighted by the respective providers.
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24 minutes ago
- Yahoo
India Quartz Market to Worth Over USD 1,117.61 Million by 2033
India's quartz ecosystem grows briskly, energized by transport, industrial, and construction electrification. Integrated miners and processors increasingly localize supply chains and adopt advanced beneficiation. These moves position India as a resilient, high-purity quartz hub worldwide. Chicago, July 02, 2025 (GLOBE NEWSWIRE) -- The India quartz market was valued at US$ 415.40 million in 2024 and is expected to reach US$ 1,117.61 million by 2033, growing at a CAGR of 12.18% during the forecast period 2025–2033. India quartz market demand is immediately visible in the electrified power-train ecosystem, and the surge of battery-powered two-wheelers—more than 1.3 million registrations in 2023—anchors a new supply baseline for quartz-based oscillators and resonators embedded in motor controllers. Domestic Tier-1s such as SFO Technologies report monthly output of nearly 600,000 surface-mount crystal units that regulate inverter switching frequencies, while Bharat Electronics commissioned a dedicated quartz crystal trimming line in Pune during February 2024 to shorten component lead times from twelve to five weeks. India quartz market growth here is therefore not abstract; it is tied to facilities, production cycles, and vehicle rollouts that stakeholders can audit. Request Sample Pages: Concurrently, traction battery packs require high-precision battery-management-system clocks that tolerate the 85 °C cabin ambient reached in peak summer traffic. Texas Instruments' new Bengaluru design center, inaugurated in April 2024, confirmed that its latest EV BMS reference board specifies low-thermal-drift quartz rated to 20 ppm, a specification now met by Dehradun-based Quartz Components India using Himalayan feedstock. 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Key Findings in India Quartz Market Market Forecast (2033) US$ 1,117.61 million CAGR 12.18% By Nature Natural Quartz (71.72%) By Purity Low-Purity Quartz (60.09%) By Product Type Quartz Surface and Tile (31.61%) By Application Electronics Display Glass (9.30%) By industry Building & Construction (35.83%) By Distribution Channel Offline (79.13%) Top Drivers Construction sector growth demanding quartz for engineered stone surfaces Glass manufacturing industry expansion requiring high quality silica sand Electric vehicle components increasing demand for high purity quartz Top Trends Rajasthan emerging as largest producer dominating national quartz supply High purity quartz gaining importance for silicon industry applications Automotive sector increasingly adopting quartz in various component manufacturing Top Challenges Limited processing facilities for converting raw quartz into value-added Quality consistency issues affecting export competitiveness against global standards Infrastructure constraints limiting efficient transportation from mines to industries Advanced Driver Assistance Systems Elevate Quartz Sensor Consumption Nationwide Significantly India quartz market relevance increases again when automakers migrate from basic infotainment to Advanced Driver Assistance Systems across new models, and Maruti Suzuki's FY 2024 production batch of 2 million passenger vehicles illustrates the scale. Each Level-2 ADAS suite hosts radar modules, camera units, and inertial measurement units that collectively require up to eight quartz resonators for phase-locked loops and data sampling clocks. The market therefore gains a predictable insertion point every time OEMs standardize adaptive cruise control or lane-keeping assistance. The component tier is equally dynamic. Continental Automotive's Bengaluru plant, which assembled 500,000 radar sensors in 2023, now sources low-g sensitivity quartz blanks from Rajasthan's Bhilwara mines after switching away from imported blanks in Q1 2024 to satisfy localization rules in the Production-Linked Incentive Scheme. India quartz market suppliers also benefit from Bharat NCAP's star-rating protocol, effective October 2023, because higher safety scores incentivize ADAS fitments in even sub-compact segments such as Tata By mid-2024, five OEM lines in Chennai and Pune had moved to on-site quartz oscillator screening chambers that run 96-hour thermal cycling, trimming test rejection rates below six parts per thousand. This combined interplay of policy, localized sourcing, and manufacturing process upgrades underscores how the market is embedded in the country's broader automotive electronics quality drive. Railways Modernization Propels Quartz Usage In Signaling And Telecom Infrastructure India quartz market momentum further extends to rail transport modernization, where the national KAVACH automatic train-protection rollout covers 3,000 kilometers of track scheduled for activation by December 2024. Each onboard safety unit integrates dual quartz-stabilized RF transceivers communicating with balises at 150 MHz, requiring tight ±2 ppm frequency stability to prevent channel drift. market suppliers like Quartz Innovations Hyderabad delivered 27,000 such crystals in Q1 2024, documenting a robust link between rolling-stock electronics orders and mineral extraction from Andhra Pradesh's Chittoor district. Beyond safety systems, the Vande Bharat express program exemplifies quartz consumption in traction converter control boards and passenger Wi-Fi routers, which cumulatively carry twelve timing devices per coach. Alstom's Madhepura locomotive facility also adopted high-temperature quartz resonators in gate-drive boards after field tests on 6,000-horsepower units logged ambient inverter bay temperatures approaching 90 °C. India quartz market participants therefore navigate not only volume spikes but also stringent performance envelopes set by Indian Railways' Research Designs and Standards Organization. As 5G-ready trackside telecom backbones replace older copper loops, service providers like RailTel forecast installation of 20,000 new small-cell nodes through 2026, each node embedding at least two disciplined quartz oscillators. Hence, transport electrification projects create a steady pipeline that tangibly buoys the market across multiple railway subsystems. Process Industries Intensify Quartz Adoption For High-Temperature Corrosion Protection Systems India quartz market traction within core process industries is no less pronounced. In 2024 the country is operating refining capacity topping 253 million metric tons of crude throughput, and petrochemical majors including Reliance and Indian Oil have shifted to quartz-lined thermowells for delayed-coker drum monitoring because stainless alternatives distort above 500 °C. An Indian Institute of Petroleum study released January 2024 notes that quartz sheaths extended sensor service life by 16,000 hours in pan-India refinery trials, lowering maintenance shutdown frequency measurably. The market consumption benefits directly, as each refinery expansion stage now budgets for hundreds of such sheaths. Steel plants mirror the trend. Tata Steel's Kalinganagar complex began replacing alumina bricks with fused-quartz crucibles in its secondary metallurgy ladle treatment line, citing improved thermal shock resistance during 1,600 °C alloy additions. Cement producers, too, adopt quartz composite tiles for cyclone pre-heater linings. These pragmatic deployments highlight that industrial buyers value the mineral for demonstrable performance rather than speculative narratives. Suppliers respond by installing additional beneficiation stages: Telangana-based Pokarna Engineers commissioned a color-sorting line that raises optical-grade yield by 18 metric tons per day. With specialty-grade output climbing, the India quartz market now sees deeper penetration into chemical reactors, glass fiber kilns, and fertilizer granulation drums—segments that prize long-cycle durability under aggressive thermal and chemical profiles. Semiconductor Packaging Ecosystem Demands Ultra-Pure Quartz Fabrication Tooling Across India India quartz market capability is being stress-tested by the semiconductor drive championed under the US$ 10-billion India Semiconductor Mission. As Tata Electronics finalizes its 300-millimeter wafer fab blueprint for Dholera, discussions with Tokyo-based Sumitomo on supplying quartz process tubes underscore looming demand for ultra-pure SiO2 hardware. Numerous suppliers presently dispatch roughly 1,000 kilograms of 5 N purity feedstock daily to Semiconductor Laboratory Mohali, which in 2024 began a US$ 200-million equipment revamp including a new quartz-based crystal-pulling furnace for 200-millimeter silicon ingots. The packaging side is equally quartz-intensive. SPEL Semiconductor in Chennai doubled its flip-chip throughput to eight million units per month by installing quartz reflow boats sourced from Coimbatore's Fab-Tech Quartz. Moreover, Karnataka's ISMC analog-fab consortium signed an offtake memorandum in March 2024 for 3,600 quartz liners annually for physical vapor deposition chambers. India quartz market competitiveness strengthened when Andhra Pradesh Mining Development Corporation launched a traceability portal that maps every shipment's mine coordinate, thereby assuring foreign tool vendors of feedstock provenance. As government incentives funnel capital into compound-semiconductor prototyping at facilities such as Gallium Nitride Hub in Hyderabad, ultra-clean quartz will remain indispensable for metal-organic chemical vapor deposition reactors. Smart Residential Interiors Prefer Quartz Surfaces For Durability And Aesthetics India quartz market visibility in households has grown markedly with urban consumers' pivot from natural stone to engineered quartz countertops. In 2023, builders in the top seven metros installed approximately 1.4 million quartz slabs across kitchens and bathrooms, according to Confederation of Real Estate Developers' Associations of India. Design influencers on platforms like Instagram now generate over 50 million monthly impressions featuring antimicrobial, low-porosity quartz worktops, a statistic that directly nudges purchase intent. The market players such as AGL Surfaces responded by starting a 2.7-meter jumbo-slab line at Morbi in early 2024, giving fabricators the flexibility to create waterfall islands without joints. Performance attributes reinforce the material's appeal. Heat-resistance tests performed by the National Council for Cement and Building Materials in February 2024 showed zero surface discoloration after contact with 180 °C pots, beating marble and solid surface comparators. Additionally, domestic insurers like HDFC ERGO now offer premium discounts on home policies featuring quartz kitchen installations because of reduced chip-damage claims, thereby translating material science into financial incentives. The retrofit market is thriving as well; online platform Livspace logged 42,000 countertop replacements during 2023, nearly double the prior year. With these adoption drivers rooted in verifiable behaviors, the India quartz market secures a durable foothold in the nation's aspirational residential landscape. Commercial Workspaces Adopt Quartz To Meet Sustainability And Hygiene Standards India quartz market is likewise benefiting from the boom in Grade-A office completions, which crossed 40 million square feet in 2023 according to real-estate advisory JLL India. Workspace developers chasing LEED Platinum or WELL certifications increasingly specify quartz flooring and reception desks because the material emits negligible volatile organic compounds and integrates recycled glass content. Mindspace Business Parks' new 1.8-million-square-foot Hyderabad campus installed quartz tiles across all lobbies, citing their 5 millimeter wear layer that permits a full decade of buff-and-recoat cycles before replacement. Therefore, it links directly to tangible sustainability scorecards rather than abstract buzzwords. Functional hygiene is equally critical in a post-pandemic environment in India quartz market. Co-working chain Awfis recorded a 22 percent decline in surface pathogen counts after switching to nano-silver-coated quartz desktops sourced from Rajasthan-based QuartzForm in Q3 2023. Facilities managers appreciate that such surfaces tolerate bleach cleaning without etching, thereby extending maintenance intervals. Foreign direct investment adds another catalyst: Amazon's Chennai fulfillment center expansion called for 18,000 square meters of quartz mezzanine walkways to satisfy stringent static-dissipation specs for robotics zones. As occupiers continue to prioritize wellness, durability, and technology integration, specification handbooks are formalizing quartz as a default surface solution. These concrete procurement decisions collectively reinforce demand buoyancy, ensuring the India market remains aligned with the commercial real-estate sector's evolving performance benchmarks. Need Custom Data? Let Us Know: Supply Chain Localization Strengthens India Quartz Market Amid Geopolitical Realignments India quartz market resilience ultimately hinges on its supply chain. More than 500 licensed quartz mines, spread across Rajasthan, Telangana, and Andhra Pradesh, collectively shipped 2.8 million metric tons of ore in calendar year 2023, according to the Indian Bureau of Mines. Post-pandemic freight volatility prompted processors to install beneficiation assets closer to pits; Pokarna's Kandukur plant now saves five diesel tanker trips daily after adding an on-site optical sorter in January 2024. Meanwhile, the government removed export duties on quartz lumps in Budget 2024, freeing miners to balance domestic deliveries with strategic exports to Japan and South Korea. Geopolitical shifts are equally influential. Following European Union critical-raw-material directives, several German oscillator makers have begun India-plus-one procurement strategies to hedge against single-region dependency. QuartzTech Augsburg signed a three-year sourcing agreement with Mysuru-based Sri Balaji Minerals in April 2024, stipulating monthly shipments of 120 metric tons of electronic-grade concentrate. Logistics players adapt accordingly: Container Corporation of India inaugurated a dedicated quartz handling bay at Visakhapatnam port, slashing dwell time by two days. Collectively, these on-ground initiatives establish a more predictable ecosystem that cushions processors and OEMs from global shocks. In such a landscape, the India quartz market stands not merely as a raw-material ledger but as an integrated value network engineered for responsiveness, transparency, and enduring competitiveness. India Quartz Market Major Players: KalingaStone Miraak Surfaces Unique Crystal Minerals Sibelco Keltron Component Complex Ltd. Sudarshan Group Kumarasamy Industries Petros Stone LLP Dharti Dhan Zillion Sawa Minerals Pvt. Ltd . Shri Vinayak Industries Others Prominent Players Key Market Segmentation: By Nature Natural Quartz Synthetic Quartz By Purity Low-Purity Quartz High Purity Quartz Ultra-High Purity Quartz By Product Type Quartz Surface and Tile Quartz Glass Quartz Crystal Quartz Sand Quartz Powder Others By Application Electronics Display Glass Televisions Computer monitors LED and LCD display panels Semiconductor Industry Silicon Wafers HPQ for Semiconductors Fused Silica Components Solar Glass PV Protective Glass HPQ Crucibles Silicon Feedstock (Ferrosilicon/Metallurgical) Optoelectronics Electric Resonators Mobile devices Radios Communication system Surface Acoustic Wave (SAW) Filters Satellite communications Wireless systems Precision Instrumentation Spectroscopy devices Analytical instrumentation Scientific equipment Jewellery and Gemstones Watches and Clocks Labware, Optics & Ceramics Lab Apparatus Optical Components Technical Ceramics Lighting Halogen lamps UV curing lamps Industrial and medical lighting Synthetic Quartz / Fused Quartz Synthetic Quartz (Electronics) Fused Quartz (High-Temp Use) Investment Casting (Quartz Powder) Casting Molds & Shells Aerospace & Precision Parts Construction & Interior Engineered Stones\Surfaces Architectural Applications Others By Industry Electronics & Semiconductors Building & Construction Solar (Photovoltaic) Industry Glass Industry Metallurgy Telecommunications Healthcare & Laboratory By Distribution Channel Online Offline Direct Sales (B2B) Distributors & Wholesalers Retail Purchase specific sections of the report directly from the Table of Contents: About Astute Analytica Astute Analytica is a global market research and advisory firm providing data-driven insights across industries such as technology, healthcare, chemicals, semiconductors, FMCG, and more. We publish multiple reports daily, equipping businesses with the intelligence they need to navigate market trends, emerging opportunities, competitive landscapes, and technological advancements. With a team of experienced business analysts, economists, and industry experts, we deliver accurate, in-depth, and actionable research tailored to meet the strategic needs of our clients. At Astute Analytica, our clients come first, and we are committed to delivering cost-effective, high-value research solutions that drive success in an evolving marketplace. Contact Us:Astute AnalyticaPhone: +1-888 429 6757 (US Toll Free); +91-0120- 4483891 (Rest of the World)For Sales Enquiries: sales@ Follow us on: LinkedIn | Twitter | YouTube CONTACT: Contact Us: Astute Analytica Phone: +1-888 429 6757 (US Toll Free); +91-0120- 4483891 (Rest of the World) For Sales Enquiries: sales@ Website:
Yahoo
29 minutes ago
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Brazos Safety Systems Announces Strategic Growth Investment from Altaline
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Hamilton Spectator
32 minutes ago
- Hamilton Spectator
Yukon Metals Identifies New Copper Zone and Mobilizes Second Drill Rig at AZ Property
VANCOUVER, British Columbia, July 02, 2025 (GLOBE NEWSWIRE) — Yukon Metals Corp. (CSE: YMC, FSE: E770, OTCQB: YMMCF) ('Yukon Metals' or the 'Company') is pleased to announce the identification of a newly defined copper target at its 100%-owned 13,110 hectare AZ Project, located approximately 6 kilometres west of the Alaska Highway and 36 kilometres south of Beaver Creek, Yukon. The Company has mobilized a second drill rig to test the newly identified zone, located approximately 4 kilometres southeast of current drilling, to help accelerate exploration across multiple high-priority targets within a large, underexplored hydrothermal system. Highlights: 'We are mobilizing a second rig at AZ as we scale up exploration across this large, underexplored hydrothermal system,' said Rory Quinn, President & CEO of Yukon Metals. 'This new target was defined through detailed fieldwork and aligns well with our evolving geological model at AZ. With two rigs now turning, we're in a strong position to test multiple high-priority zones in parallel. Each hole contributes critical insight as we work toward uncovering the full potential of this emerging copper system.' Figure 1 – Map showing Chair Mountain drilling location in relation to the new copper target and recently staked claims at AZ. The newly defined target is underlain by intrusive rocks exhibiting potassic alteration and visible chalcopyrite in veins and disseminations. The alteration zone extends over approximately 2 square kilometers, and field observations suggest it may represent a lateral or upper expression of a porphyry copper system. While classic stockwork veining is not exposed at surface, the geological characteristics and surface mineralization provide a strong technical basis for drill testing. The target lies within a drainage identified by regional geochemical datasets as having high copper porphyry potential (Mackie et. al., 2016), comparable to those associated with known porphyry deposits in the Yukon. Yukon-based and Local First Nation Contractors Engaged Drill pad construction at the AZ Property was completed by Minconsult in partnership with Vision Quest Drilling, a Kluane First Nation citizen-owned company. Helicopter support is being provided by Yukon-based Capital Helicopters, with drilling services contracted to Platinum Drilling. Camp services are being delivered by Käganì, a Kluane First Nation citizen-owned enterprise, in partnership with long-standing Yukon-based exploration contractor Archer Cathro. Figure 2 –– AZ Sample K155053 from outcrop exposure of intensely altered diorite dyke with band of chalcopyrite and minor bornite and pyrite. Figure 3 –– Drill location for Drill Rig 2 first hole at AZ. About the AZ Project In September 2024, Yukon Metals conducted a helicopter-supported mapping and sampling program on its AZ property. A prominent zone of orange iron-stained and altered rocks was followed over 1.2 kilometres on the north and eastern flanks of Chair Mountain. Consistent copper mineralization was found along the prospected area. Of the sixty rock-chip samples taken, 18 samples showing significant copper content, assayed from 0.12-3.49%. Hematite alteration was also noted in the area. This can be associated with oxidized hydrothermal fluids, which are key drivers in forming major porphyry copper deposits. Rock-chip samples were collected in quartz veins within basalt and andesite volcanic rocks in both outcrop and float exposures near the ridge tops. This area is coincident with a major topographic lineament, mapped regionally as a NW trending fault zone, that extends a further kilometer down to Sanpete Creek (a past alluvial gold producer) and the property boundary to the southeast. The large gossan and mineralized veins provide evidence of a large hydrothermal system driving fluids through the faults and fractures on Chair Mountain. Strongly clay-altered biotite-quartz diorite dykes were mapped in the vicinity of mineralization and are interpreted to be part of the Nutzotin suite of intrusions. Qualified Person The technical content of this news release has been reviewed and approved by Helena Kuikka, VP Exploration for Yukon Metals and a Qualified Person (as defined by National Instrument 43-101). About Yukon Metals Corp. Yukon Metals is a well-financed exploration company with a property portfolio built on over 30 years of prospecting by the Berdahl family — the same team behind Snowline Gold's portfolio of primary gold assets. The Yukon Metals portfolio consists primarily of copper-gold and silver-lead-zinc assets, with a substantial gold and silver component. The Company is led by an experienced Management Team and Board of Directors with expertise across technical, financial, environmental, and social disciplines. Yukon Metals is committed to fostering sustainable growth and prosperity within Yukon's local communities, while also enhancing shareholder value. Our strategy is grounded in inclusiveness and shared prosperity, offering both community members and investors the opportunity to contribute to and benefit from our success. The Yukon The Yukon ranks 10th most prospective for mineral potential across global jurisdictions according to the Fraser Institute's 2023 Survey of Mining Companies and is host to a highly experienced and conscientious local workforce, fostered by a long culture of exploration coupled with deep respect for the land. Recent major discoveries with local roots such as Snowline Gold's Rogue Project - Valley Discovery, demonstrate the Yukon's potential to generate fresh district-scale mining opportunities. ON BEHALF OF THE BOARD OF YUKON METALS CORP. 'Rory Quinn' Rory Quinn, President & CEO Email: roryquinn@ Phone: 604-366-4408 For additional information please contact: Kaeli Gattens Vice President, Investor Relations & Communications Yukon Metals Corp. Email: kaeligattens@ Website: CAUTIONARY NOTE REGARDING FORWARD-LOOKING INFORMATION This news release contains certain forward-looking information, including information about the metal association and geology of the prospect areas at the AZ project, including Chair Mountain, Nutzotin, Wrangell and California, the accuracy of the copper mineralization, the potential for economic grades of copper, silver and gold, Yukon's potential to generate fresh district-scale mining opportunities, and the Company's future plans and intentions. Wherever possible, words such as 'may', 'will', 'should', 'could', 'expect', 'plan', 'intend', 'anticipate', 'believe', 'estimate', 'predict' or 'potential' or the negative or other variations of these words, or similar words or phrases, have been used to identify the forward-looking information. These statements reflect management's current beliefs and are based on information currently available to management as at the date hereof. Forward-looking information involves significant risks, uncertainties and assumptions. Many factors could cause actual results, performance or achievements to differ materially from those discussed or implied in the forward-looking information. Such factors include, among other things: risks and uncertainties relating to Chair Mountain and other properties not being prospective copper-rich, gold-rich or silver-rich geological systems; rock samples analysed not being representative of overall mineralization; the required assumptions of completed helicopter-supported mapping and sampling programs; not having significant scale and a lack of economic grade minerals; the Yukon not having the potential to generate fresh district-scale mining opportunities; and other risks and uncertainties. See the section entitled 'Risk Factors' in the Company's listing statement dated May 30, 2024, available under the Company's profile on SEDAR+ at for additional risk factors. These factors should be considered carefully, and readers should not place undue reliance on the forward-looking information. Although the forward-looking information contained in this news release is based upon what management believes to be reasonable assumptions, the Company cannot assure readers that actual results will be consistent with the forward-looking information. The forward-looking information is made as of the date of this news release, and the Company assumes no obligation to update or revise the information to reflect new events or circumstances, except as required by law. References MACKIE, R., ARNE, D. AND PENNIMPEDE, C., 2016. Weighted sums model for Porphyry Cu-Mo deposits levelled by geology. In: Enhanced interpretation of stream sediment geochemical data for NTS map sheet 115J and 115K. Yukon Geological Survey, Open File 2016-15, scale 1:250 000, sheet 6 of 13. Photos accompanying this announcement are available at :
