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April 17, 2025

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Secure Your Retirement Happiness: Check Your 401(k) Now!

Stock 4 Mins Read

With so many articles and videos on popular media channels advising you not to look at your 401(k) during this market downturn, avoiding taking the other side is tough. If you are close to retirement or retired, isn’t a market downturn a good excuse to look at your 401(k)? After all, you’ve stashed away hard-earned money to enjoy those big post-retirement plans.

The stock market is well-known for its uncanny ability to throw you surprises, but the recent headline-driven price action is especially difficult to navigate. While it’s true that, over the longer term, the broader market tends to trend higher, if you’re not in a position to patiently wait for that to occur, you may want to reevaluate your portfolio sooner rather than later. The “set-it-and-forget-it” strategy can work at times but not always.

Is the Stock Market Headed Lower?

Let’s look at where the overall stock market stands by analyzing the S&P 500 ($SPX), starting with the daily chart.

FIGURE 1. DAILY CHART OF S&P 500. After falling below its 200-day moving average, the S&P 500 is struggling to remain above its 5400 level. Will it hold? Chart source: StockCharts.com. For educational purposes.

It’s clear the S&P 500 is trending lower and that the 50-day simple moving average (SMA) has crossed below the 200-day SMA, further confirming the downward trend of the index. After reaching a high of 6147.43 on February 19, 2025, $SPX started its decline, falling below its 50-day SMA and then its 200-day SMA.

Although the index tried to bounce back to its 200-day SMA, it failed to break above it and fell to a low of 4835.04 on April 7, 2025. Since then, the S&P 500 has been trying to bounce back. It filled the April 4 down gap, but has been stalling around the 5400 level since then, on lower volume. It’s almost as if investors are sitting on the sidelines for the next tariff-related news which could send the S&P 500 higher or lower.

Going back, the 5400 was a support level for the September 2024 lows, between the end of July and early August, and in mid-June. There have also been price gaps at this level during those times. The chart of the S&P 500 has a horizontal line overlay at the 5400 level. This could act as a resistance level for a while, or the index could soar above it, in which case this level could act as a support level.

Save the chart in one of your ChartLists and watch how the price action unfolds for the next few weeks.

Where’s the Breadth?

It’s worth monitoring the Bullish Percent Index (BPI) of the S&P 500. The chart below displays the S&P 500 BPI ($BPSPX) in the top panel and $SPX in the bottom panel.

FIGURE 2. BULLISH PERCENT INDEX FOR THE S&P 500. The $BPSPX recovered after falling below 12.5. Even a move over 50 should be eyed with caution. Chart source: StockCharts.com. For educational purposes.

The recent slide in the S&P 500 took the $BPSPX to well below 12.5. It has reversed and is above 30, which is encouraging. A rise above 50 is bullish but, as you can see in the chart, the last time $BPSPX crossed above 50 (dashed blue vertical lines), it turned back lower, only to start its descent to the lowest level in the past year. Save your excitement until the $BPSPX is over 50 and a turnaround in the $SPX is in place.

This could take a while, which is why, if you’re close to retirement or already retired, you may have to consider selling the rip, or if the situation turns bullish, buy the dip. It may be time to unwind some positions, so evaluate your portfolio and make decisions that are aligned with your lofty retirement plans.

So, heck yeah! Look at your 401(k) now!

Disclaimer: This blog is for educational purposes only and should not be construed as financial advice. The ideas and strategies should never be used without first assessing your own personal and financial situation, or without consulting a financial professional.

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Trade Pullbacks Like a Pro: Simple Moving Average Strategy That Works

Stock 1 Min Read

Moving average strategy, trend trading, and multi-timeframe analysis are essential tools for traders. In this video, Joe demonstrates how to use two key moving averages to determine if a stock is in an uptrend, downtrend, or sideways phase. He then expands on applying this concept across multiple timeframes to gain a significant edge when trading pullbacks.

In addition, Joe provides insights into the current state of commodities, highlighting areas showing signs of improvement, and covers major indices. Finally, he addresses viewer-submitted symbol requests, including LMT, BABA, and more, offering his technical analysis on each.

The video premiered on April 16, 2025. Click this link to watch on Joe’s dedicated page.

Archived videos from Joe are available at this link. Send symbol requests to stocktalk@stockcharts.com; you can also submit a request in the comments section below the video on YouTube. Symbol Requests can be sent in throughout the week prior to the next show.

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200-Day Moving Average Confirms Bearish Phase

Stock 4 Mins Read

When markets get more volatile and more unstable, I get the urge to take a step back and reflect on simple assessments of trend and momentum.  Today we’ll use one of the most common technical indicators, the 200-day moving average, and discuss what this simple trend-following tool can tell us about conditions for the S&P 500 index.

Nothing Good Happens Below the 200-Day Moving Average

I’ve received a number of questions recently as to why I’m not way more bullish after the sudden rally off last Wednesday’s low.  I love to respond with Paul Tudor Jones’ famous quote, “Nothing good happens below the 200-day moving average.”

To be clear, the 200-day moving average is almost 500 points above current levels, so it would take quite a rally to achieve that price level any time soon.  But with the VIX still well above the 30 level, that means the market is expecting wide price swings and big moves could be very possible.

But generally speaking, any time I see a chart where the price is below a downward-sloping 200-day moving average, I feel comfortable making the basic assumption that the primary trend is down.  And until the SPX can regain this long-term trend barometer, I’m inclined to treat the market as “guilty until proven innocent.”

Tracking the 200-Day With the New Market Summary Page

The new and updated version of the StockCharts Market Summary page features a table of major equity indexes and includes a comparison to the 200-day moving average for each index.  I’ve sorted today’s table in descending order based on this metric, which allows us to compare the relative position of different indexes and focus on which areas of the equity market are showing real strength.

We can see that only the Dow Utilities remain above the 200-day moving average, even with the strong bounce we’ve observed over the last week.  The S&P 500 is about 8% below its 200-day moving average, and for the Nasdaq Composite it’s over 11%.  So this basically implies that the S&P could see another 8% rally, drawing in all sorts of investors, yet still remain in a bearish phase based on its position relative to the 200-day.

Three Stocks Facing a Crucial Test This Week

One chart I’m watching closely this week involves three key growth stocks that are actually very near their own 200-day moving average.  If these Magnificent 7 stocks have enough upside momentum to power through the 200-day, then there could definitely be hope for the S&P 500 and Nasdaq to follow suit in the coming weeks.  

Note in the top panel how Meta Platforms (META) powered above the 200-day last Wednesday after the announcement of a 90-day pause in tariffs.  But after closing above the 200-day for that one day, META broke right back below the next day.  META has closed lower every trading day since that breakout.

Neither Amazon.com (AMZN) nor Tesla (TSLA) reached their own 200-day on last Wednesday’s rally, and both are now rapidly approaching their lows for 2025.  And if mega cap growth stocks like META, AMZN, and TSLA are unable to power above their 200-day moving averages, why should we expect our growth-dominated benchmarks to do the same?

With a flurry of news headlines every trading day, and an earnings season that could paint a disturbing picture of lowered expectations for economic growth and consumer sentiment, I feel that there is more downside to be had before the great bear market of 2025 is completed.  But instead of trying to predict the future, I choose to simply follow the trends.  And based on the shape of the 200-day moving average for these important charts, the primary trend appears to still be down.

RR#6,

Dave

PS- Ready to upgrade your investment process?  Check out my free behavioral investing course!

David Keller, CMT

President and Chief Strategist

Sierra Alpha Research LLC

Disclaimer: This blog is for educational purposes only and should not be construed as financial advice.  The ideas and strategies should never be used without first assessing your own personal and financial situation, or without consulting a financial professional.  

The author does not have a position in mentioned securities at the time of publication.    Any opinions expressed herein are solely those of the author and do not in any way represent the views or opinions of any other person or entity.

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Top 5 Junior Copper Stocks on the TSXV in 2025

Investing 8 Mins Read

The copper price moved significantly during the first quarter with momentum that carried it to an all time high on the COMEX of US$5.26 per pound on March 26.

The rally in prices was driven by uncertainty in global financial markets due to the threat of tariffs from the United States and President Donald Trump.

This resulted in increased tightness and panic in copper inventories as more shipments were diverted into US warehouses to preempt any potential price hikes. However, prices eased at the beginning of April as concerns about a global recession began to outweigh fears of commodity shortages, causing the price of copper to drop below US$4.50 per pound.

How has this affected small-cap copper mining companies on the TSX Venture Exchange? Read on to learn about the the five best-performing junior copper stocks since the start of 2025.

Data for this article was gathered on April 7, 2025, using TradingView’s stock screener, and copper companies with market caps of over C$10 million at that time were considered.

1. Camino Minerals (TSXV:COR)

Year-to-date gain: 477.78 percent
Market cap: C$10.47 million
Share price: C$0.26

Camino Minerals is a copper exploration company focused on advancing assets located in Peru.

Its flagship Los Chapitos project, located near the coastal town of Chala, covers approximately 22,000 hectares and hosts near-surface mineralization. The company has been advancing exploration work on the property since 2016.

Shares in Camino gained significantly after announcing the start of a discovery exploration program at the project on January 22. The company stated the program would consist of 11 holes and 1,200 meters of drilling along the La Estancia fault, focusing on newly identified copper breccias and mantos to determine their extension at depth.

Camino has not provided further updates from Los Chapitos. Another significant update since the start of the year was announced on March 17, when it filed a pre-feasibility study for the Puquois copper project. The project was originally acquired as part of an October 2024 definitive agreement to create a 50/50 joint venture between Camino and Nittetsu Mining (TSE:1515) for the construction-ready project.

The study results demonstrate a post-tax net present value of US$118 million, with an internal rate of return of 23.4 percent and a payback period of 3.1 years at a fixed copper price of US$4.28 per pound. It also suggested all-in sustaining costs for the 14.2-year life of the mine were US$2 per pound.

In addition to the economic details, the included mineral resource estimate shows measured and indicated amounts of 149,000 metric tons of copper with a grade of 0.46 percent from 32.16 million metric tons of ore.

Shares in Camino reached a year-to-date high of C$0.31 on January 29.

2. King Copper Discovery (TSXV:KCP)

Year-to-date gain: 240 percent
Market cap: C$36.64 million
Share price: C$0.17

King Copper Discovery is a copper, silver and gold explorer that is developing a portfolio of projects in South America. The company changed its name from Turmalina Metals in March.

Its primary focus is the Colquemayo project in Moquegua, Peru. In July 2024, King Copper entered into an option agreement with Compania de Minas Buenaventura to acquire a 100 percent ownership stake in the property.

The 6,600 hectare site has seen more than 20,000 meters of historic core drilling and hosts multiple porphyry targets that have been identified but have gone untested. Highlighted drill samples from the property have demonstrated results of 2.4 percent copper and 10 grams per metric ton (g/t) silver over 237.3 meters, including 14.8 percent copper and 47 g/t silver over 31.3 meters.

In news released on February 12, the company said it was intensifying its focus on the project and would be relogging historic cores. Additionally, King Copper hired Insideo, a Lima-based environmental consulting firm, to help advance baseline studies and the drill permit process.

The release also indicated that the company was in the process of rebranding from Turmalina Metals to King Copper. As part of the restructuring, company CEO Roger James stepped down, maintaining a seat on the board, and was replaced by Jonathan Richards as interim CEO.

On March 11, the company began trading under its new name and ticker. Shares in King Copper Discovery reached a year-to-date high of C$0.225 on March 25.

3. BCM Resources (TSXV:B)

Year-to-date gain: 211.11 percent
Market cap: C$25.05 million
Share price: C$0.14

BCM Resources is an exploration company working to advance its flagship Thompson Knolls project in Utah, United States.

The greenfield copper, molybdenum, gold and silver project in Utah’s Great Basin consists of 225 federal unpatented lode mining claims and two state section leases covering an area of 2,242 hectares.

Exploration of the project area began in the 1970s, when a US Geological Survey aerial survey identified a prominent magnetic anomaly. In the 1990s, follow-up work was conducted at the target.

BCM carried out its last drill program at the property in 2023. At the time, the company announced that one drill hole encountered a significant mineral intercept of 0.66 percent copper, 0.12 grams per metric ton (g/t) gold and 7.4 g/t silver over 155.4 meters starting at a depth of 621.8 meters. The sample also contained eight intervals with greater than 1 percent copper over 24.3 meters.

The company received approval from the Bureau of Land Management for a plan of operation to continue drilling at the project. In a July 2024 update, the company released data from an analysis of the project’s porphyry-skarn system by the Colorado School of Mines, which it plans to use to prepare for the drilling at the site.

Shares in BCM Resources reached a year-to-date high of C$0.15 on April 9.

4. DLP Resources (TSXV:DLP)

Year-to-date gain: 152.94 percent
Market cap: C$55.99 million
Share price: C$0.43

DLP Resources is an explorer focused on advancing its flagship Aurora copper-molybdenum project in Peru.

The 8,500 hectare site is located in the Central Andes. Exploration work has been performed at the site since the early 2000s, with DLP conducting drill programs in 2023 and 2024.

Shares in DLP have been rising since the release of a technical report for Aurora on February 27, which included a maiden resource estimate with significant copper and molybdenum spread over two zones.

The inferred resource totals 1.05 billion metric tons of ore containing 4.65 billion pounds of copper, 1.1 billion pounds of molybdenum and 80 million ounces of silver. The resource has average grades of 0.2 percent copper, 0.05 percent molybdenum and 2.4 grams per metric ton silver.

The company said it is pleased with the size and results of the report and will continue drilling the site to upgrade the resource ahead of a preliminary economic assessment.

DLP shares also got a boost on April 1 after it released its management’s discussion and analysis for the nine months ending on January 31. The release covers the firm’s activities for the period, highlighting its recent resource estimate, as well as the completion of a non-brokered private placement in January for proceeds of C$1.36 million.

Shares in DLP reached a year-to-date high of C$0.48 on April 3.

5. C3 Metals (TSXV:CCCM)

Year-to-date gain: 150 percent
Market cap: C$52.28 million
Share price: C$0.60

C3 Metals is an exploration company working to advance its assets in Jamaica and Peru.

C3’s primary Jamaican asset is the Bellas Gate project, a 13,020 hectare site featuring 14 porphyry and over 30 epithermal prospects along an 18 kilometer strike. To date, drilling at the site has concentrated on a 4 kilometer zone encompassing the Provost, Geo Hill, Camel Hill and Connors prospects.

Shares in C3 experienced significant gains after it announced on February 11 that it had signed an earn-in agreement with a Freeport-McMoRan (NYSE:FCX) subsidiary, which can gain up to a 75 percent interest in the project. Under the agreement, Freeport must contribute US$25 million in exploration and project expenditures over five years to earn the initial 51 percent interest, and an additional US$50 million over the following four years for the remaining 24 percent.

In Peru, C3 has focused on advancing its Jasperoide copper-gold project. The site in Southern Peru spans 30,000 hectares and hosts two porphyry and more than 15 skarn prospects across two 28 kilometer belts.

According to a July 2023 technical report, a mineral resource estimate reported a measured and indicated resource of 51.94 million metric tons of ore with an average grade of 0.5 percent copper and 0.2 g/t gold for contained metal totaling 569.1 million pounds of copper and 326,800 ounces of gold.

C3 released an exploration update from its Khaleesi copper-gold project area in Jasperoide on February 19, reporting that a soil sampling campaign defined a copper-molybdenum anomaly extending 1,900 meters by up 650 meters. Two zones contained average concentrations of 950 parts per million copper and 650 ppm of copper.

The company stated that it is working to complete geophysical surveys by the end of March and will use the data to implement a maiden diamond drill program at the target. It closed a US$11.5 million bought deal private placement on March 19 that will be used in part for exploration and development at the Khaleesi target.

Shares in C3 Metals reached a year-to-date high of C$0.69 on April 1.

Securities Disclosure: I, Dean Belder, hold no direct investment interest in any company mentioned in this article.

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This post appeared first on investingnews.com

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Collaboration with DuPont Water Solutions to Test Lithium Processing Technology

Investing 1 Min Read

CleanTech Lithium (AIM:CTL), an innovative sustainable lithium developer in Chile, is collaborating with DuPont Water Solutions, a business unit of DuPont, to test lithium processing technology.

DuPont has developed a new nanofiltration (NF) membrane technology for high lithium recovery. This will be tested in CleanTech Lithium’s direct lithium extraction (DLE) downstream process.

The role of the NF is to remove impurities and maximise lithium recovery. DuPont’s new NF membrane element (named FilmTec LiNE-XD nanofiltration elements) is specifically designed for the lithium sector and will be tested in CTL´s next scheduled phase of post-DLE pilot plant testing. CTL is implementing NF following the eluate concentration stage which utilises industrial forward osmosis (iFO) in the concentrating of lithium and reduction of boron. CleanTech Lithium is investigating the potential of these technologies to eliminate the need for thermal evaporation (TE) and crystallisation in production of battery grade lithium carbonate, which would result in potentially significant CAPEX savings.

Click here for the full press Release

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Cizzle Brands Expands Availability of CWENCH Hydration at all Fortinos Locations in Ontario

Investing 5 Mins Read

Approximately two months after the chain-wide launch of CWENCH’s hydration mix powder in Fortinos stores (February of 2025), CWENCH Hydration is now fully represented at Fortinos with the addition of its ready-to-drink Tetra Pak® format at all Fortinos locations, strengthening the footprint of CWENCH Hydration in key Ontario population centres where the Company is strategically commercializing its flagship product line.

Cizzle Brands Corporation (Cboe Canada: CZZL) (OTCQB: CZZLF) (Frankfurt: 8YF) ( the ‘Company’ or ‘Cizzle Brands’) , is pleased to announce that Loblaw banner supermarket chain Fortinos has added the ready-to-drink (‘RTD’) format of CWENCH Hydration to all 24 of its locations throughout the Greater Toronto and Greater Hamilton areas in Southern Ontario. All four original flavours of CWENCH Hydration RTD were officially added to Fortinos stores starting on Thursday, April 17, 2025.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250417427840/en/

All four original flavours of CWENCH Hydration in the ready-to-drink format are now available for purchase at Fortinos stores in the Greater Toronto and Greater Hamilton areas, as well as through PC Express

This launch of CWENCH Hydration in its RTD format at all Fortinos locations complements the successful February launch of CWENCH’s Hydration Mix across the chain’s stores .

In addition to availability of CWENCH Hydration RTD and hydration mix in all Fortinos supermarket locations, the full product line can be purchased online through PC Express , which can be done through this link . PC Express is an online shopping portal for Loblaw banner stores, offering ‘Click and Collect’ curbside/in-store pickup as well as delivery options for households in markets across Canada with over 700 pickup locations .

Cizzle Brands’ Founder, Chairman, and Chief Executive Officer John Celenza commented, ‘We had high expectations for CWENCH at Fortinos and it has performed better than we had expected. So we are pumped that they have picked up the RTD format of CWENCH which expands the availability of our products across their chain. As a company based in the Greater Toronto area, we know what a good fit Fortinos is for CWENCH Hydration as a consumer brand. We will continue developing this business relationship within the Loblaw chain, as we make each of our calculated and strategic moves to keep capturing market share in the hydration category, in which CWENCH is only continuing to grow.’

About Cizzle Brands Corporation

Cizzle Brands Corporation is a sports nutrition company that is elevating the game in health and wellness. Through extensive collaboration and testing with leading athletes and trainers across several elite sports, Cizzle Brands has launched two leading product lines in the sports nutrition category: (i) CWENCH Hydration, a better-for-you sports drink that is now carried in over 1,800 locations in Canada, the United States, and Europe; and (ii) Spoken Nutrition, a premium brand of athlete-grade nutraceuticals that carry the prestigious NSF Certified for Sport® qualification. All Cizzle Brands products are designed to help people achieve their best in both competitive sports and in living a healthy, vibrant, active lifestyle.

For more information about Cizzle Brands, please visit: https://www.cizzlebrands.com/

For more information about CWENCH Hydration, please visit: https://www.cwenchhydration.com

On behalf of the Board of Directors of the Company,

Cizzle Brands Corporation

‘John Celenza’

John Celenza, Founder, Chairman, and Chief Executive Officer

CAUTIONARY NOTE REGARDING FORWARD-LOOKING INFORMATION

This news release contains ‘forward-looking information’ which may include, but is not limited to, information with respect to the activities, events or developments that the Company expects or anticipates will or may occur in the future, such as, but not limited to: new products of the Company and potential sales and distribution opportunities. Such forward-looking information is often, but not always, identified by the use of words and phrases such as ‘plans’, ‘expects’, ‘is expected’, ‘budget’, ‘scheduled’, ‘estimates’, ‘forecasts’, ‘intends’, ‘anticipates’, or ‘believes’ or variations (including negative variations) of such words and phrases, or state that certain actions, events or results ‘may’, ‘could’, ‘would’, ‘might’ or ‘will’ be taken, occur or be achieved. Various assumptions or factors are typically applied in drawing conclusions or making the forecasts or projections set out in forward-looking information. Those assumptions and factors are based on information currently available to the Company.

Forward looking information involves known and unknown risks, uncertainties and other risk 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 forward-looking information. Such risks include risks related to increased competition and current global financial conditions, access and supply risks, reliance on key personnel, operational risks, regulatory risks, financing, capitalization and liquidity risks. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. The Company undertakes no obligation, except as otherwise required by law, to update these forward-looking statements if management’s beliefs, estimates or opinions, or other factors change.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250417427840/en/

For further information, please contact:  

Setti Coscarella
Head of Corporate Development
investors@cizzlebrands.com
1-844-588-2088

News Provided by Business Wire via QuoteMedia

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NorthStar Gaming to Host Q4 and Year-End 2024 Earnings Webinar on April 29th

Investing 5 Mins Read

NorthStar Gaming Holdings Inc. (TSXV: BET) (OTCQB: NSBBF) (‘NorthStar’ or the ‘Company’) announces that on April 29th at 11:00 am EDT, the Company’s Chair and CEO, Michael Moskowitz, will be presenting the Company’s financial results and an update on current operations and strategic priorities. The Company expects to announce its fourth quarter and year-end 2024 financial results on April 24, 2025. NorthStar invites all investors and other interested parties to register for the webinar at the link below.

Date: Tuesday, April 29th, 2025
Time: 11am EDT
Register: Webinar Registration

HAVE QUESTIONS? Management will be available to answer your questions following the presentation on the webinar platform. You may submit your question(s) beforehand in the registration form linked above.

About NorthStar

NorthStar proudly owns and operates NorthStar Bets, a Canadian-born casino and sportsbook platform that delivers a premium, distinctly local gaming experience. Designed with high-stakes players in mind, NorthStar Bets Casino offers a curated selection of the most popular games, ensuring an elevated user experience. Our sportsbook stands out with its exclusive Sports Insights feature, seamlessly integrating betting guidance, stats, and scores, all tailored to meet the expectations of a premium audience.

As a Canadian company, NorthStar is uniquely positioned to cater to customers who seek a high-quality product and an exceptional level of personalized service, setting a new standard in the industry. NorthStar is committed to operating at the highest level of responsible gaming standards.

NorthStar is listed in Canada on the Toronto Stock Venture Exchange under the symbol BET and in the United States on the OTCQB under the symbol NSBBF. For more information on the company, please visit: www.northstargaming.ca.

No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. 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 press release.

Cautionary Note Regarding Forward-Looking Information and Statements

This communication contains ‘forward-looking information’ within the meaning of applicable securities laws in Canada (‘forward-looking statements’), including without limitation, statements with respect to the following: expected performance of the Company’s business, and the timing of the release of the Company’s financial results. The foregoing is provided for the purpose of presenting information about management’s current expectations and plans relating to the future and allowing investors and others to get a better understanding of the Company’s anticipated financial position, results of operations, and operating environment. Often, but not always, forward-looking statements can be identified by the use of words such as ‘plans’, ‘expects’, ‘is expected’, ‘budget’, ‘scheduled’, ‘estimates’, ‘continues’, ‘forecasts’, ‘projects’, ‘predicts’, ‘intends’, ‘anticipates’ or ‘believes’, or variations of, or the negatives of, such words and phrases, or state that certain actions, events or results ‘may’, ‘could’, ‘would’, ‘should’, ‘might’ or ‘will’ be taken, occur or be achieved. This information involves known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements. This forward-looking information is based on management’s opinions, estimates and assumptions that, while considered by NorthStar to be appropriate and reasonable as of the date of this press release, are subject to known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, levels of activity, performance, or achievements to be materially different from those expressed or implied by such forward- looking information. Such factors include, among others, the following: risks related to the Company’s business and financial position; risks associated with general economic conditions; adverse industry risks; future legislative and regulatory developments; the ability of the Company to implement its business strategies; and those factors discussed in greater detail under the ‘Risk Factors’ section of the Company’s most recent annual information form, which is available under NorthStar’s profile on SEDAR+ at www.sedarplus.com. Many of these risks are beyond the Company’s control.

If any of these risks or uncertainties materialize, or if the opinions, estimates or assumptions underlying the forward-looking information prove incorrect, actual results or future events might vary materially from those anticipated in the forward-looking statements. Although the Company has attempted to identify important risk factors that could cause actual results to differ materially from those contained in the forward-looking statements, there may be other risk factors not presently known to the Company or that the Company presently believes are not material that could also cause actual results or future events to differ materially from those expressed in such forward-looking statements. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. No forward-looking statement is a guarantee of future results. Accordingly, you should not place undue reliance on forward-looking information, which speaks only as of the date made. The forward-looking information contained in this press release represents NorthStar’s expectations as of the date specified herein, and are subject to change after such date. However, the Company disclaims any intention or obligation or undertaking to update or revise any forward-looking information whether as a result of new information, future events or otherwise, except as required under applicable securities laws.

All of the forward-looking information contained in this press release is expressly qualified by the foregoing cautionary statements.

For further information:

Company Contact:

Corey Goodman
Chief Development Officer
647-530-2387
investorrelations@northstargaming.ca

Investor Relations:

RB Milestone Group LLC (RBMG)
Northstar@rbmilestone.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/248862

News Provided by Newsfile via QuoteMedia

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Opawica Explorations Intersects a 60 Meter Mineralized Zone at its Bazooka Property in the Abitibi Gold Belt

Investing 6 Mins Read

(TheNewswire)

April 17th, 2025 TheNewswire – Vancouver, B.C. Opawica Explorations Inc. (TSXV: OPW) (FSE: A2PEAD) (OTC: OPWEF) (the ‘Company’ or ‘Opawica’), a Canadian mineral exploration company focused on precious and base metal projects in the Abitibi gold belt, provides an update on its 2025 exploration campaign at the Bazooka Property (‘Bazooka’) .

Blake Morgan, CEO and President of the Company, states: ‘We’re excited about the progress of our ongoing drill program at the Bazooka Property. The results so far have given us a strong understanding of the mineralized system, with multiple holes intersecting broad zones of mineralization, including visible gold. We eagerly await the assay results as we continue to drill the deposit.’

Drill hole OP-25-35, with a total depth of 303 metres, intersected a significant 60-metre mineralized zone between 190 m and 250 m. Within this broader interval, a 12-metre section (from 189.8 m to 202.5 m) exhibited strong silicification and sericitization with visible arsenopyrite, with an XRF reading at 196 m of 66 g/t Au . This is followed by a 30.4-metre intermediate zone (202.5 m to 232.9 m) with lower levels of mineralization, followed by a deeper and well mineralized zone (232.9 m to 241.2 m) containing approximately 2% arsenopyrite, with an XRF reading of 234 ppm Au at 249 m.

Between 189.80 m and 202.20 m, the drill hole encountered a yellowish-grey-green rock unit that is intensely silicified and sericitized, with abundant quartz veins and veinlets throughout. A higher concentration of arsenopyrite is observed between 195 m and 196.50 m. An XRF point reading taken at 196 m returned values of 8,514 ppm As, 66 ppm Au, 49 ppm Ni, and 139 ppm Cr.

At 202.20 m -205.50 m is a sericitized sheared Yellowish-green grey rock sericitized shear of veins. The XRF point reading at XRF 204 m: As 47 ppm, Ni 1050 ppm, and Cr 970.

Between 205.50 m and 250 m, the drill hole intersected a fine-grained, greenish-grey rock, possibly containing traces of fuchsite, with an elevated presence of fine arsenopyrite and pyrite mineralization stronger from 235.5 m (2-3%). Moderate silicification is observed throughout the interval, becoming more concentrated from 242 m onward, accompanied by the appearance of small grey quartz veins. The XRF point readings at these various depths are as follows:

  • 219 m: As 398 ppm, Au 10ppm, Ni 797 ppm, and Cr 1986:

  • 234 m: As 872: ppm Au 9 ppm, Ni 792 ppm, and Cr 3424 ppm

  • 243 m: As 792 ppm Au 13 ppm: Ni 650 ppm and Cr 1084 ppm

  • 249 m: As 2.3%, Au 234 ppm: Ni 4129 ppm and Cr 7970 ppm  – (234 g/t Au)

1 Part per million (ppm) = 1 Gram/ton (g/ton)

X-ray fluorescence (XRF) is a non-destructive analytical technique used to determine the elemental composition of materials such as drill cores. XRF analyzers determine the chemistry of a sample by measuring the fluorescent (or secondary) X-ray emitted from a sample when it is excited by a primary X-ray source. We note the results only provide an indication of the amount of minerals present. Certified assaying of the core samples is required to accurately determine the amount of base metal and precious metal mineralization.

Assay core samples are being analysed at ALS Chemex lab of Rouyn-Noranda, 165 Rue Jacques-Bibeau, Quebec (an ISO/IEC 17025:2005 accredited facility). The sampling program is undertaken by Company personnel under the direction of Mr. Yvan Bussieres, P.Eng., A secure chain of custody is maintained in transporting and storing of all samples. The rock samples will undergo fire assays, 1E3 – Aqua Regia – ICPOES and select samples underwent gravimetries.

Samples of mineralization were taken at 0.5-to-1.5-meter intervals, with sample intervals being adjusted to respect lithological and/or mineralogical contacts and isolate narrow veins or other structures that may yield higher grades. The core was split in two separate sections—one half of the core, the other half was sent for analysis.

Mr. Yvan Bussieres, P.Eng., has reviewed and approved the technical content of this news release. The qualified person has been unable to verify the information on the adjacent properties. Mineralization hosted on adjacent and/or nearby and/or geologically similar properties is not necessarily indicative of mineralization hosted on the company’s properties

About Opawica Explorations Inc.

Opawica Explorations Inc. is a junior Canadian exploration company with a strong portfolio of precious and base metal properties within the Rouyn-Noranda region of the Abitibi Gold Belt in Québec. The Company’s management has a great track record in discovering and developing successful exploration projects. The Company’s objective is to increase shareholder value through the development of exploration properties using cost effective exploration practices, acquiring further exploration properties, and seeking partnerships by either joint venture or sale with industry leaders.

FOR FURTHER INFORMATION CONTACT:

Blake Morgan

President and Chief Executive Officer

Opawica Explorations Inc.

Telephone: 236-878-4938

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.sedarplus.ca. 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.

Copyright (c) 2025 TheNewswire – All rights reserved.

News Provided by TheNewsWire via QuoteMedia

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Israeli troops will remain in Gaza buffer zones indefinitely, Defense Minister Katz says

Politics 2 Mins Read

Israeli troops will not leave the buffer zones in Gaza, even after the war ends, according to Israeli Defense Minister Israel Katz. 

On Wednesday, Hamas appeared to reject an Israeli-proposed ceasefire deal that would see the return of nearly a dozen hostages who have been held captive for more than 550 days. Israel resumed combat operations in the strip last month after a previous ceasefire agreement fell apart before Israel and Hamas could reach phase two.

‘Unlike in the past, the IDF is not withdrawing from areas that have been cleared and captured. The [Israeli Defense Forces] IDF will remain in the security zones as a buffer between the enemy and Israeli communities under any temporary or permanent arrangement in Gaza — just as it does in Lebanon and Syria,’ Katz said in a statement on Wednesday.  

The buffer zones that Israel established along the Gaza border make up 30% of the strip, according to the Times of Israel. The outlet also reported that Israeli troops have been working to create the Morag Corridor, which would cut off the southern city of Rafah from Khan Younis.

Hamas reportedly said that any deal that does not have ‘real guarantees for halting the war, achieving full withdrawal, lifting the blockade, and beginning reconstruction will be a political trap,’ according to Reuters.

Since it resumed operations in March, Israel has been condemned by leaders of international institutions who have called for an immediate ceasefire.

U.N. Secretary-General António Guterres said in a statement that he was ‘very concerned’ about the situation and the lack of humanitarian aid going into the strip. Katz confirmed on Wednesday that humanitarian aid was being blocked in order to put pressure on Hamas, which has been accused of stealing aid. 

Israeli U.N. Ambassador Danny Danon condemned Guterres’ statement, saying ‘The U.N. secretary-general has no problem explicitly condemning Israel’s defensive war in Gaza and unequivocally calling for a ceasefire. Yet his statements, once again, fail to mention the hostages and fail to mention Hamas, whose barbaric actions on October 7, 2023, triggered this war.’

‘This war Hamas started will not be over until all of our remaining 59 hostages are returned home from brutal captivity,’ Danon added.

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Controversial defense program tied to DEI-laden contractor could be in crosshairs of DOGE: ‘Poster child’

Politics 6 Mins Read

One of the top defense contractors in the United States, which has a history of pushing diversity, equity and inclusion (DEI), is facing heat over a massive government contract that critics say should be a prime target for Elon Musk’s DOGE efforts. 

The Air Force’s Sentinel program, a massive intercontinental ballistic missile (ICBM) project serving as the successor to the Minuteman III program ensuring the future viability of the land-based leg of America’s nuclear triad, has been mired in controversy and slowdowns as Northrop Grumman was awarded the development contract and the endeavor has gone from a $96 billion program to at least $141 billion in recent years. 

The Pentagon ordered Northrop Grumman to pause development earlier this year due to ‘evolving launch facility requirements’, Defense One reported. Air & Space Forces Magazine reported last year that the intercontinental ballistic missile program survived a Pentagon review, but it was found that the cost overrun jumped from 37% to 81%.

Northrop Grumman, which had not previously designed an ICBM, was awarded a $13 billion contract in September 2020 for full-scale development of the program to replace the Minuteman III, and the Pentagon has estimated that the total cost of developing its new ICBM program could cost up to $264 billion over the next few decades, Bloomberg reported.

The awarding of the contract was controversial in its own right, after Boeing dropped out of the bidding, claiming that the process was rigged against it, Responsible Statecraft reported. 

‘The massive expansion of costs for Northrop Grumman’s Minuteman III program is the case example for why poorly-scoped, blank check programs are a bad idea,’ a senior Republican Congressional official who works on defense policy told Fox News Digital. 

‘This is bad for national security, bad for taxpayers, and Republicans will fix this mess that Biden’s team created,’ the official added.

Questions have also been raised by some in recent years about whether the Sentinel program is even necessary, including at a Congressional Nuclear Weapons and Arms Control Working Group press conference last year, when former Democratic Congressman John Tierney said that Sentinel ‘does not add to our security’ and could ‘actually make us less safe.’

‘When will the blank checks to cover spiraling costs end?’ Tierney said. ‘The Sentinel ICBM program is just the latest in a long list of Pentagon programs that are over budget, behind schedule and of questionable utility.’

Tierney added that he believes the ‘only value’ of recent ICBM development is ‘to the defense contractors who line their fat pockets with large cost overruns at the expense of our taxpayers.’

‘It has got to stop,’ he said. 

An Air Force spokesperson told Fox News Digital that it is taking ‘deliberate’ steps to ensure that the Sentinel program is running as cost-efficiently as possible while enhancing oversight at the same time. ‘We continue to advance the engineering design and maturity of the program with Northrop Grumman, working closely with the company to drive down costs and improve schedule performance,’ the spokesperson added.

The Air Force also pointed to a previous comment from Gen. David Allvin, Air Force chief of staff, during a symposium in March that stressed the importance of the Sentinel program.

‘We own two-thirds of the triad and three-fourths of the nuclear command and control of communications,’ Allvin said. ‘We own the nuclear deterrence. So more Air Force means more nuclear deterrence…We have to have the most reliable, the most safe, the most effective nuclear deterrent. That means sentinel, yes…I believe we need more nuclear deterrence for our nation. It’s a solemn responsibility. It’s not an option.’

Amid the cost overruns and headaches from the ICBM program, Northrop Grumman adopted and promoted an agenda focused on DEI in recent years and was one of several defense contractors that have attempted to scrub their websites of DEI in the wake of the Trump administration’s pledge to rid the government of the ideology. 

Northrop Grumman’s 2023 annual report mentions DEI as ‘vital to our culture and our company’s success. Our ability to leverage the power of our diverse workforce enhances employee engagement and enables us to innovate, perform and deliver on quality, which results in value for our shareholders, customers, and employees.’

The report also touted its minority hiring practices and stated that 25% of its employees are female, 37% people of color, 18% veterans and 8% people with disabilities. 

‘Diversity Has a Home at Northrop Grumman,’ a YouTube video from ClearanceJobs says in a post that features Northrop Grumman employees discussing the diversity of the company. 

‘Northrop’s Sentinel Program is a DOGE poster child,’ a person close to the Trump administration told Fox News Digital. ‘Not only did they practice DEI, the program is ineffective, delayed, and wasting billions of taxpayer money. Musk would have a field day.’

DOGE’s cost-cutting efforts have affected essentially every area of government, including the Defense Department, which recently announced that over $580 million worth of contracts have been canceled as Democrats continue to blast the efforts and make the case that DOGE cuts are detrimental to the country.  

‘I’ve seen it with my own eyes, billions of dollars spent on pricey consulting firms, grants and NGO‘s—the self-serving bureaucrats in Washington DC have found a million different ways to rip-off the American taxpayer,’ special advisor to the United States Agency for Global Media Kari Lake told Fox News Digital. 

‘I’m working very closely with DOGE at the agency President Trump asked me to oversee. Our DOGE team is not political, they are practical. They know that it’s not practical for the U.S. government to continue spending the way it has been. Our country won’t survive unless we cut back right now, and the hard-working men and women across this country support that.’

In a statement to Fox News Digital, a spokesperson for Northrop Grumman touted recent progress in the program.

‘We continue to make substantial progress on the Sentinel Weapon System,’ the spokesperson said. ‘On March 6, we completed the missile’s stage one static fire test, the latest of many test events that validate the rocket motor’s performance and digital design. We continue to mature the design and reduce risk as we prepare for production and deployment of this essential national security capability.’

Regarding DEI, the spokesperson said, ‘We have reviewed our policies and processes and continue to take the steps necessary to ensure compliance with the orders for the work entrusted to us. Northrop Grumman is committed to our customers’ missions, delivering technologies they need to deter threats, prevail in conflicts, and strengthen national security. Underpinned by our values, we hire, promote, and pay based on merit and performance resulting in the best team to deliver for our customers.’

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