Latest news with #SGC
National Post
12 hours ago
- Business
- National Post
Solstice Gold Completes Initial Drill Program and Announces Strategic Claim Acquisition at the Strathy Gold Project in the Temagami Greenstone Belt, Abitibi Subprovince, NE Ontario
Article content – Assay Results Pending – Article content VANCOUVER, British Columbia — Solstice Gold Corp. (TSXV: SGC) (' Solstice ', 'we', 'our' or the ' Company ') is pleased to announce the successful completion of the Spring 2025 drill program at the Strathy Gold Project (the ' Project '), located in the Temagami Greenstone Belt in the prolific Abitibi Subprovince in Ontario. Solstice also announces that we have entered into an agreement with an arms-length party to acquire 17 claims which expand our core Strathy Gold Project holdings by 50% (the ' Agreement '). Article content Spring 2025 Drill Program Article content The Spring 2025 drill campaign was successfully completed on four target areas (Figure 1) for a total of 3,125m across 14 drill holes. At least 50% more sampling than originally planned has extended assay timelines. Assays are pending and will likely be received in July. Land Acquisition Article content Solstice has entered into the Agreement to acquire a 100% interest in a group of 17 contiguous unpatented claims directly adjacent to the core claims of our Strathy Gold Project (the ' Acquisition '). These claims are underlain by the Archean-age Leckie-group metavolcanic assemblage, which is the main host rock for the Project's main targets. Targeting from Solstice's 2024 IP program show high priority targets may extend along strike onto these claims. They also contain OGS gold showings along a large structure parallel to the IP targets. The combined area of these claims will add 373 hectares to our core claim block, increasing its area by 50%. Solstice has also been active in staking at the Strathy Gold Project since the Spring 2025 drill program began. Solstice has acquired 110 hectares of claims at the western side of the Project via staking. These claims are also underlain by an Archean-age metavolcanic assemblage and represent a valuable expansion of our wider land position. Article content Claim Agreement Article content Pursuant to the Agreement, in consideration for the purchase of the 17 unpatented claims pursuant to the Acquisition, Solstice must issue 175,000 common shares to an arms-length seller as soon as practicable following TSX Venture Exchange ('TSXV') approval. The common shares will be subject to a four month hold period. The Acquisition is subject to the approval of the TSXV. No finders fee is payable with respect to the Acquisition. Article content About the Strathy Gold Project Article content The Strathy Gold Project is an extensive 45 km 2 land package in the Archean-age Temagami Greenstone Belt, which is the southernmost extension of the Abitibi Subprovince in Ontario. The Project includes parts of the Net-Vermilion Deformation Zone and the Link Lake Deformation Zone, which are two prominent Northeast-Southwest-trending structures crosscutting Archean metavolcanics. It contains documented, widespread high-grade gold mineralization, hosting historic intercepts of 5.00 g/t Au over 17.28m and 7.66 g/t Au over 7.25m (core lengths) at vertical depths of approximately 50-100 metres below surface 1, and documented surface sample results of up to 62.7 g/t Au 2. Despite this demonstrated prospectivity, the core claims at Strathy have not been systemically explored in the past. Article content A 17.5 line kilometre IP program carried out in November 2024 has detected known mineralization, and in addition to this, the IP results show extensive, better-developed and untested IP anomalies along the North and South extensions of the Leckie Fault. The drill program described above marks be the first time that the core area of the Strathy Gold Project has been systematically drilled. The Strathy Gold Project is located along the Trans Canada Highway, has excellent access to infrastructure and mining expertise. Article content For more detailed information on the Project, including a technical review of the project and a detailed review of IP results and targeting, please visit The Company wishes to point out that, since assays are pending, there is no certainty that observed mineralization will contain elevated gold. Article content References: Article content About Solstice Gold Corp. Article content Solstice is an exploration company with quality, district-scale gold projects in established mining regions of Canada. Our 45 km 2 Strathy Gold Project hosts high grade gold mineralization over a wide area straddling two NE-SW-trending structures. It is located in the Abitibi Subprovince of the Superior Craton and has never been systematically explored in its history. Our Qaiqtuq Gold Project which covers 662 km 2, hosts a 10 km 2 high grade gold boulder field, is fully permitted and hosts multiple drill-ready targets. Qaiqtuq is located in Nunavut, only 26 km from Rankin Inlet and approximately 7 km from the Meliadine Gold Mine owned by Agnico Eagle Mines Limited. Our district-scale Atikokan Gold Project is approximately 26 km from the Hammond Reef Gold Project owned by Agnico Eagle Mines Limited. Our 194 km 2 Red Lake Extension (RLX) and New Frontier projects are located at the northwestern extension of the prolific Red Lake Camp in Ontario and approximately 45 km from the Red Lake Mine Complex owned by Evolution Mining. An extensive gold and battery metal royalty and property portfolio of over 80 assets was purchased in October 2021. Well over $2.5 million in value and over 20 new royalties have been generated since the acquisition. Article content Solstice is committed to responsible exploration and development in the communities in which we work. For more details on Solstice Gold, our exploration projects and details on our portfolio of projects please see our Corporate Presentation available at Article content Solstice's Chairman, David Adamson, was a co-award winner for the discovery of Battle North Gold Corporation's Bateman Gold deposit and was instrumental in the acquisition of many of the district properties in the Battle North portfolio during his successful 16 years of exploration in the Red Lake. Article content Sandy Barham, Senior Geologist, is the Qualified Person as defined by NI 43-101 standards responsible for reviewing and approving the technical disclosures of this news release. Article content 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. Article content Forward-Looking Statements and Additional Cautionary Language Article content This news release contains certain forward-looking statements ('FLS') including, but not limited to the need for more prospecting and analysis, the completion of the Acquisition including issuance of the common shares and TSXV approval, . FLS can often be identified by forward-looking words such as 'approximate or (~)', 'emerging', 'goal', 'plan', 'intent', 'estimate', 'expects', 'potential', 'scheduled', 'may' and 'will' or similar words suggesting future outcomes or other expectations, beliefs, plans, objectives, assumptions, intentions or statements about future events or performance. In respect of the FLS, the Company has made certain assumptions that management believes are reasonable at this time. The assumptions include that the Company will have sufficient financial resources for sampling and prospecting this year and that the Acquisition will receive TSXV approval, however, there can be no assurance that such assumptions and statements will prove to be accurate and actual results could differ materially from those anticipated in such statements. Factors that could cause actual results to differ materially from any FLS include, but are not limited to, limited capital or access to additional capital for prospecting, delays in obtaining or failures to obtain required TSXV, failure to complete the Acquisition, changes in exchange rates, fluctuations in commodity prices, delays in the development of projects, regulatory approvals and other factors. FLS are subject to risks, uncertainties and other factors that could cause actual results to differ materially from expected results. Article content Potential shareholders and prospective investors should be aware that these statements are subject to known and unknown risks, uncertainties and other factors that could cause actual results to differ materially from those suggested by the FLS. Shareholders are cautioned not to place undue reliance on FLS. By their nature FLS involve numerous assumptions, inherent risks and uncertainties, both general and specific that contribute to the possibility that the predictions, forecasts, projections and various future events will not occur. Solstice undertakes no obligation to update publicly or otherwise revise any FLS whether as a result of new information, future events or other such factors which affect this information, except as required by law. Article content Historical Sampling and Drilling Data and Information Article content The sampling and drilling data and information presented in this news release (the 'Historical Exploration Information') is historical in nature. The reader is cautioned that the Historical Exploration Information is based on prior data and reports previously prepared by third parties without the involvement of Solstice. Solstice has not undertaken any independent investigation, nor has it independently analyzed the results of the Historical Exploration Information in order to verify the results. The reader is cautioned not to treat Historical Exploration Information, or any part of it, as current and that a qualified person has not done sufficient work to verify the results and that they may not form a reliable guide to future results. No independent quality assurance/quality control protocols are known for these historic samples and drill holes and therefore the Historical Exploration Information may be unreliable. Solstice considers these historical drill results relevant as the Company will use this data as a guide to plan future exploration and drilling programs. Solstice considers the data to be reliable for these purposes, however, the Company's future exploration work will include verification of the data through drilling. Article content Article content Article content Article content On Behalf of Solstice Gold Corp. Article content Article content Article content Article content
Iraqi News
6 days ago
- Business
- Iraqi News
US Excelerate Energy seeks to equip Iraq with LNG import station
A senior Iraqi official told Bloomberg that US-based Excelerate Energy is one of the bidders in a tender to set up a floating liquefied natural gas (LNG) import station in southern Iraq. The acting director of Iraq's South Gas Company (SGC), Ali Salman, told Bloomberg that the Iraqi government, which seeks to reduce its reliance on Iranian gas to generate electricity, is in advanced negotiations with the US firm for an LNG import terminal at the Khor Al-Zubair port near Basra. Iraq has always relied on Iran for natural gas and energy supplies. Despite being a large oil producer, Iraq has historically seen high volumes of associated gas flared rather than captured. Iraq frequently experiences frequent outages during the summer months, when electricity consumption is the highest, due to Iran's unpredictable and inadequate gas and power supplies. In February, SGC's director Hamza Abdel-Baqi stated that Iraq will award a contract for the construction of a gas platform and pipelines that connect the facility with onshore pipelines to facilitate the delivery of gas to power plants in southern Iraq. To satisfy the demands of the country's power plants, the Iraqi government is constantly working to get gas supplies from countries other than Iran, in addition to its ongoing efforts to become self-sufficient in gas. Last October, the Iraqi Ministry of Electricity and Turkmenistan reached an agreement to provide Iraq with up to 20 million cubic meters of gas each day. As previously stated by Iraq's Electricity Minister Ziyad Ali Fadel, the arrangement will assist in guaranteeing that Iraq's gas-fired power plants receive the necessary fuel.
Yahoo
20-06-2025
- Business
- Yahoo
Is It Worth Investing in Superior Group (SGC) Based on Wall Street's Bullish Views?
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though? Let's take a look at what these Wall Street heavyweights have to say about Superior Group (SGC) before we discuss the reliability of brokerage recommendations and how to use them to your advantage. Superior Group currently has an average brokerage recommendation (ABR) of 1.00, on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell, etc.) made by four brokerage firms. An ABR of 1.00 indicates Strong Buy. Of the four recommendations that derive the current ABR, four are Strong Buy, representing 100% of all recommendations. Check price target & stock forecast for Superior Group here>>> The ABR suggests buying Superior Group, but making an investment decision solely on the basis of this information might not be a good idea. According to several studies, brokerage recommendations have little to no success guiding investors to choose stocks with the most potential for price appreciation. Do you wonder why? As a result of the vested interest of brokerage firms in a stock they cover, their analysts tend to rate it with a strong positive bias. According to our research, brokerage firms assign five "Strong Buy" recommendations for every "Strong Sell" recommendation. This means that the interests of these institutions are not always aligned with those of retail investors, giving little insight into the direction of a stock's future price movement. It would therefore be best to use this information to validate your own analysis or a tool that has proven to be highly effective at predicting stock price movements. Zacks Rank, our proprietary stock rating tool with an impressive externally audited track record, categorizes stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), and is an effective indicator of a stock's price performance in the near future. Therefore, using the ABR to validate the Zacks Rank could be an efficient way of making a profitable investment decision. In spite of the fact that Zacks Rank and ABR both appear on a scale from 1 to 5, they are two completely different measures. The ABR is calculated solely based on brokerage recommendations and is typically displayed with decimals (example: 1.28). In contrast, the Zacks Rank is a quantitative model allowing investors to harness the power of earnings estimate revisions. It is displayed in whole numbers -- 1 to 5. Analysts employed by brokerage firms have been and continue to be overly optimistic with their recommendations. Since the ratings issued by these analysts are more favorable than their research would support because of the vested interest of their employers, they mislead investors far more often than they guide. In contrast, the Zacks Rank is driven by earnings estimate revisions. And near-term stock price movements are strongly correlated with trends in earnings estimate revisions, according to empirical research. Furthermore, the different grades of the Zacks Rank are applied proportionately across all stocks for which brokerage analysts provide earnings estimates for the current year. In other words, at all times, this tool maintains a balance among the five ranks it assigns. There is also a key difference between the ABR and Zacks Rank when it comes to freshness. When you look at the ABR, it may not be up-to-date. Nonetheless, since brokerage analysts constantly revise their earnings estimates to reflect changing business trends, and their actions get reflected in the Zacks Rank quickly enough, it is always timely in predicting future stock prices. In terms of earnings estimate revisions for Superior Group, the Zacks Consensus Estimate for the current year has declined 13.6% over the past month to $0.49. Analysts' growing pessimism over the company's earnings prospects, as indicated by strong agreement among them in revising EPS estimates lower, could be a legitimate reason for the stock to plunge in the near term. The size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, has resulted in a Zacks Rank #4 (Sell) for Superior Group. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> Therefore, it could be wise to take the Buy-equivalent ABR for Superior Group with a grain of salt. 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 Superior Group of Companies, Inc. (SGC) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
Business Wire
19-06-2025
- Business
- Business Wire
Brenus Pharma and InSphero Have Developed 3D Tumor Spheroids Mimicking
LISBON, Portugal--(BUSINESS WIRE)--Brenus Pharma, a French biotech developing next-generation first-in-class immunotherapies, and InSphero, a Swiss leader in 3D cell-based assay technologies, presented promising data at the European Association for Cancer Research 2025 annual congress. These data confirm the use of 3D tumor spheroids for potency testing of STC-1010, Brenus' lead candidate for colorectal cancer. 'This collaboration has enabled us to assess the highly representative and scalable 3D model into our SGC platform. It's a major step forward in our ability to assess potency and accelerate the development of STC-1010 and future candidates.' Benoit Pinteur Share Funded through the EUROSTARS program, the collaboration led to vitrified 3D colorectal cancer spheroids using tumor cell lines co-cultured with fibroblasts. The vitrification method preserves morphology, stromal integrity, and viability after thawing, enabling realistic evaluation of STC-1010's therapeutic potential under conditions mimicking in vivo human tumors. Previous studies showed that STC-1010 antigens were effectively processed by monocyte-derived dendritic cells (mMo-DCs), activating CD8+ T cells. These T cells induced apoptosis in both 2D and 3D colorectal cancer models and released anti-tumor cytokines (IFNγ and Granzyme B). These data reinforce the therapeutic potential of STC-1010. ' This collaboration has enabled us to assess the highly representative and scalable 3D model into our SGC platform. It's a major step forward in our ability to assess potency and accelerate the development of STC-1010 and future candidates.' Benoit Pinteur, CSO of Brenus Pharma. ' We are proud to support Brenus with our cryopreserved 3D tumor models. This work illustrates how advanced in vitro systems can bring immunotherapies closer to clinical reality.' Jan Lichtenberg, CEO of InSphero. About Brenus Pharma Brenus Pharma unlocks the potential of immuno-oncology by generating first-in-class immunotherapies that initiate a multi-specific in vivo immune response against tumors. Their proprietary 'off-the-shelf' Stimulated-tumor-Ghost-Cells (SGC) platform mimics patients' tumor cells and makes them visible to the immune system to anticipate, target, and destroy these cells as they appear. Brenus aims to shift the oncology paradigm by making patients active participants in their treatment.
India Today
18-06-2025
- General
- India Today
Delhi University UG admissions 2025 begin, CSAS portal sees major updates
From changes in the DU CSAS portal 2025 to the launch of new courses and the first round of PG seat allotments, Delhi University's admissions this year are packed with updates that every student needs to a clear breakdown of what's changed for DU admissions 2025 and what you should watch out for while PORTAL FOR UG ADMISSIONS 2025 LAUNCHEDThe biggest change in Delhi University UG admissions 2025 is the reworked CSAS portal, now live at Over 71,000 UG seats are available across DU's 79 colleges this year. The CSAS process is happening in two phases:Phase 1:Students can register, add personal details, CUET UG roll number, and Class 12 scores. No programme choices are required 2:Begins after CUET UG results. Students will:Map CUET test papers to Class 12 subjectsCheck course eligibilitySelect and rank course-college combosSave and lock preferences before the deadlineRemember: choices will be auto-locked if not saved in time. Also, Class 10 marks must be submitted this year to help in tie-breaking during two-phase CSAS (Common Seat Allocation System) process was introduced in 2022, when CUET was first implemented for UG admissions. advertisementThe CUET UG provisional answer keys 2025 have been released PG ADMISSIONS: FIRST ALLOTMENT SOONThe first round of DU PG seat allotments 2025 will be released today (June 7) at Seat allotment is based on CUET PG 2025 regular rounds will be followed by mid-entry. Reserved quotas for PwBD, orphans, and Single Girl Child (SGC) begin from round one. CW, sports, and performance-based quotas begin from round LAW PROGRAMME BEGINSDU has rolled out an integrated law course for the first time. Students can apply for BA LLB (H) and BBA LLB (H) at will be based on CLAT 2025 rank, and classes will start on August ADMISSIONS AND SCHEDULEBTech seat allocation begins from June 17, with two rounds followed by mid-entry. PwBD, orphans, and SGC admissions start in round one, while CW and ward quotas begin in round (SCHOOL OF OPEN LEARNING) ADMISSIONS 2025If you want to beat the DU admissions cut-off rush, you can go for DU SOL admissions 2025 for UG, MBA, BLISc, MLISc, and PGDADLM courses. No CUET score is required for the admissions: June 11 to Sept 15LIS programme admissions: till Sept 15PG (CUET-based): till July 10PG (merit-based): till July 31DU SOL has a variety of short-term skill-based courses that students can choose from.
