Aurania Resources has begun a drilling program at the Thor's Valley gold project in Iceland, aiming to drill six holes totaling about 770 meters. The project has a history of high-grade gold mineralization, with previous drilling returning grades up to 415.40 g/t Au. The current program includes re-testing historical intercepts and exploring new targets with promising surface samples. Located near Reykjavik, the project could potentially produce direct-shipping ore without the need for milling or tailings management, similar to Japan's Hishikari mine. Results from this drilling will guide further exploration and resource definition.
JP Morgan has maintained an 'overweight' rating on European banks, highlighting a favorable environment for growth despite early signs of interest rate changes. The sector benefits from ECB rates between 2% and 3%, strong lending momentum partly driv...
North Peak Resources has begun diamond drilling at its Prospect Mountain Mine Complex in Nevada to investigate refined magnetotelluric geophysical anomalies, focusing on a main sulphide target. Previous drilling in 2023 found high-grade zinc and silv...
Quimbaya Gold Inc. completed six drill holes totaling 2,927.9 meters at its Tahami Center project in Colombia, confirming the presence of a copper-molybdenum porphyry system as predicted by their exploration model. The drilling revealed potassic alte...
Hercules Capital (HTGC) is rated a hold due to its valuation rebounding to a 45% premium over book value. The company outperformed its sector peers by maintaining stable net investment income per share and achieving a 2.1% increase in net asset value...
Supermicro reported a surprising Q4 gross margin of 17.6%, far above guidance, causing shares to jump. However, management revealed this margin spike was largely due to contract deferrals and one-time factors, not a permanent improvement. They foreca...
