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Dr. Adam Trexler, founder and president of Valaurum, shares his thoughts on gold, identifying a key issue he sees developing in the physical market.

‘There’s a crisis in the physical gold market,’ he said, explaining that sector participants need to figure out how to serve investors who want to own gold, but can’t afford current bar and coin prices.

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

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Relationship Represents Potential Long Term Scalability of High Efficiency Supply Chain from Demonstration to Commercial Scale

Syntholene Energy CORP (TSXV: ESAF) (FSE: 3DD0) (OTCQB: SYNTF) (‘Syntholene’ or the ‘Company’) announces that it has selected Dynelectro ApS (Denmark) as the electrolyzer technology vendor for its planned synthetic fuel demonstration facility in Iceland. Dynelectro is the developer of what it describes as the world’s most efficient electrolyzer platform, purpose-built for high-performance hydrogen production in power-to-liquids applications for synthetic fuel (‘eFuel’) and, more specifically, synthetic sustainable aviation fuel (‘eSAF’).

Dynelectro’s electrolyzer platform has demonstrated industry-leading energy efficiency in the production of hydrogen, a key feedstock to eFuels, while maintaining durability under continuous industrial operation at variable load. The system architecture emphasizes reduced balance-of-plant complexity, high current density operation, and modular deployment, characteristics that align closely with Syntholene’s objective of developing capital-efficient, repeatable synthetic fuel infrastructure.

The planned demonstration facility is intended to validate the Company’s integrated approach to producing low-cost hydrogen as a feedstock to eSAF and other eFuels, with a focus on scalability, energy efficiency, and long-term cost competitiveness with fossil fuels.

‘Syntholene’s eSAF production plans are a perfect match for Dynelectro’s electrolyser solution,’ explains Sune Lilbaek, CEO at Dynelectro ApS. ‘To be successful in the eSAF market, the lowest possible cost of hydrogen over the lifespan of the plant is a necessity. Dynelectro’s unique take on SOEC electrolysers seeks to enable the lowest possible energy consumption and maintenance cost. When integrated with Syntholene’s proprietary hybrid thermal production system, it is possible to convert up to 90% of the renewable electrical energy supplied into clean hydrogen. Together, we expect to be deploying the most cost-effective, energy-efficient solution for production of sustainable aviation fuel on the market today.’

The vendor selection represents a key technical milestone for Syntholene as it advances engineering and procurement activities associated with its first demonstration-scale facility.

‘The selection of Dynelectro is the result of a rigorous two-year technical and commercial evaluation process across all major vendors focused on efficiency, reliability, and long-term scalability,’ said Dan Sutton, CEO of Syntholene. ‘Electrolyzer performance coupled with low-cost clean energy are the primary drivers of synthetic fuel economics. Partnering with a technology provider that prioritizes energy efficiency and industrial robustness is critical as we move from demonstration toward multi-megawatt commercial deployment.’

About Syntholene

Syntholene is actively commercializing its novel Hybrid Thermal Production System for low-cost clean fuel synthesis. The target output is ultrapure synthetic jet fuel, manufactured at 70% lower cost than the nearest competing technology today. The company’s mission is to deliver the world’s first truly high-performance, low-cost, and carbon-neutral synthetic fuel at an industrial scale, unlocking the potential to produce clean synthetic fuel at lower cost than fossil fuels, for the first time.

Syntholene’s power-to-liquid strategy harnesses thermal energy to power proprietary integrations of hydrogen production and fuel synthesis. Syntholene has secured 20MW of dedicated energy to support the Company’s upcoming demonstration facility and commercial scale-up.

Founded by experienced operators across advanced energy infrastructure, nuclear technology, low-emissions steel refining, process engineering, and capital markets, Syntholene aims to be the first team to deliver a scalable modular production platform for cost-competitive synthetic fuel, thus accelerating the commercialization of carbon-neutral eFuels across global markets.

About Dynelectro

Dynelectro is a Danish SOE electrolyser OEM at the forefront of developing advanced, sustainable energy solutions. Utilising cutting-edge solid-oxide electrolysis technology, Dynelectro achieves unprecedented system performance and lifespan, enabling a five-fold improvement in lifetime performance through a novel approach to stack control and integration. Their innovations enable operators to seamlessly adjust production based on the availability of cost-effective renewable energy.

The company commercialises MW-scale Dynamic Electrolyser Units (DEUs), producing clean hydrogen to unlock syngas and e-fuel production. Dynelectro was founded in 2018 and is headquartered in the capital region of Denmark. Visit www.dynelectro.dk

For further information, please contact:
Dan Sutton, CEO
comms@syntholene.com
www.syntholene.com

Investor Relations
KIN Communications Inc.
604-684-6730
ESAF@kincommunications.com

Forward-Looking Statements
This press release contains forward-looking statements within the meaning of applicable securities laws. The use of any of the words ‘expect’, ‘anticipate’, ‘aims’, ‘continue’, ‘estimate’, ‘objective’, ‘may’, ‘will’, ‘project’, ‘should’, ‘believe’, ‘plans’, ‘intends’ and similar expressions are intended to identify forward-looking information or statements. All statements, other than statements of historical fact, including but not limited to statements regarding the use of a particular vendor, the services to be provided and standard of delivery, expected benefits of engagement of certain service providers, development of the Company’s test facility, commercial scalability, technical and economic viability, anticipated geothermal power availability, anticipated benefit of eFuel, the Company’s business plans, and future commercial opportunities, are forward-looking statements.

The forward-looking statements and information are based on certain key expectations and assumptions made by the Company, including without limitation the assumption that the Company will be able to execute its business plan, that the eFuel will have its expected benefits, that the selected vendor will be able to complete their deliverables on time and to the standard expected, that the test facility will be completed as planned, that there will be market adoption, and that the Company will be able to access financing as needed to fund its business plan. Although the Company believes that the expectations and assumptions on which such forward-looking statements and information are based are reasonable, undue reliance should not be placed on the forward-looking statements and information because the Company can give no assurance that they will prove to be correct. Since forward-looking statements and information address future events and conditions, by their very nature, they involve inherent risks and uncertainties.

Actual results could differ materially from those currently anticipated due to a number of factors and risks, including, without limitation, Syntholene’s ability to meet production targets, realize projected economic benefits, meet targeted timelines for development, overcome technical challenges, secure financing, maintain regulatory compliance, manage geopolitical risks, and successfully negotiate definitive terms. Syntholene does not undertake any obligation to update or revise these forward-looking statements, except as required by applicable securities laws.

Readers are advised to exercise caution and not to place undue reliance on these forward-looking statements.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/283350

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Clear Commodity Network CEO and Mining Stock Daily host Trevor Hall opened his talk at the Vancouver Resource Investment Conference (VRIC) with a strong message: It is still possible to go broke in a bull market.

“I want to start with the simple but uncomfortable truth: most investors don’t lose money in bear markets,” he said.

“They lose it in bull markets. Bear markets are honest. Liquidity disappears; prices fall. Risk is obvious, and fear keeps people cautious. Bull markets, on the other hand, are deceptive.”

According to Hall, bull markets feed the idea that everything is working well.

Charts and spreadsheet data convince investors and business owners that it is the perfect time to make big decisions, making this the phase of the cycle where moves are based on impulse.

“Rising prices get confused with good business, compelling stores get confused with durable assets. Bull markets don’t expose bad ideas immediately; they carry, and that’s why the damage is so severe when cycles turn.”

For short, people get too excited, focusing on the potential weight of what they can earn soon without realizing how much they could lose in the long run.

Supercycle review

Ultimately, what is needed is a shift in mindset. Hall specified that the first point that has to be recognised is that bull markets do not mean that everyone is making money.

“High prices produce a false sense of security. They made marginal assets look competitive,” he said. “They mask permitting challenges, metallurgy issues, infrastructure gaps in management, weaknesses and too much capital changed too many projects simply because the spreadsheet said it works. Investors have need to learn from that in today’s market.”

Momentum is not directly proportional to skill, and government involvement does not eliminate risk.

He cited 2011 as the last super cycle that created enormous opportunities, but also created enormous mistakes.

At the time, companies jumped into spending on huge projects and capital expenditure blowout, not accounting for returns.

Some companies also lost control and went all in on mergers and acquisitions, while developers “pursued production growth for the sake of growth.”

The sector focused on volume, therefore burning investors. The market funded every project that screams as economic at high spot prices.

This lack of discipline led to over a decade’s worth of rebuilding mining credibility.

Now, the sector has changed. This time, companies that generate durable margins, stick to realistic timelines, manage risk and focus on humility will be rewarded.

It’s all in discipline.

Advice for companies

Hall specified certain aspects he believes investors who have learned from the super cycle are now looking for. We summarised them into five points:
  • Concrete de-risk plans with achievable milestones
  • Strict capital discipline, especially on operating and construction costs
  • Management teams with experience in leadership, permitting, engineering and community relations
  • Productive offtakes

“Capital is no longer betting solely on geology. It’s betting on execution,” the CEO stated. “Investors want to see alignment with users, so institutional investors are screening for policy alignment projects that strengthen domestic supply chains, support energy security and fit federal or state strategic priorities.”

Above all, across all this is transparency. Hall said that it is a must and called it “the new currency of trust in this sector.”

Advice for investors

“Many deposits look promising, far fewer have teams capable of construction and operations,” Hall said, adding that while high metal prices do help the sector, they also encourage a wave of marginal projects that do not deserve capital.

Maintaining high standards amidst high prices is vital. He advised investors to ask the following questions before making decisions:

  • Does the project work within conservative price limits or not? Does it have structural advantages?
  • Does it have grade, jurisdiction, scale and production cost?
  • Does the project matter? Does it solve a supply deficit?
  • Does it serve a strategic need, or is it simply additive but unnecessary?
  • Can management actually build it?

Making the right moves

Hall likened his industry recommendations to that of a chess game: make decisive moves and manage risks. It’s not just about what’s in front of you; it’s how you can win.

The industry is entering a new era where the investment cycle is not only driven by numbers and market forces, but by strategic necessity.

It is also the first time in decades that government capital, institutional capital and private capital are moving in the same direction, posing bigger opportunities.

Companies must learn to listen and execute to remain in the game for the next decade of resource development, and investors should come into the space with clear expectations.

“I think the ultimate word is check your discipline, because your discipline and your expectations need to be in line and more in tune than ever before,” Hall told companies.

“And for investors out there listening, you have to remember this: bull markets don’t make people rich by default; they reveal who already have the discipline.”

Securities Disclosure: I, Gabrielle de la Cruz, hold no direct investment interest in any company mentioned in this article.

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Gold often dominates conversations at the annual Vancouver Resource Investment Conference (VRIC), but silver’s price surge, which began in 2025 and continued into January, placed the metal firmly in the spotlight.

At this year’s silver forecast panel, Commodity Culture host and producer Jesse Day sat down with Maria Smirnova, senior portfolio manager and senior investment officer Sprott (TSX:SII,NYSE:SII); GoldSeek President and CEO Peter Spina; Peter Krauth, editor of Silver Stock Investor and Silver Advisor; and Silver Tiger Metals (TSXV:SLVR,OTCQX:SLVTF) President and CEO Glenn Jessome to discuss silver’s meteoric performance and where it could be headed next.

Significant tailwinds supporting silver

Over the past five years, the silver price has largely stagnated, trading between US$20 and US$25 per ounce until mid-2024 when the white metal crossed the US$30 mark. Even then, the price mostly held steady until 2025, when it crossed the US$35 mark in June, then passed US$40 in September and US$50 in October.

However, the most significant rise came at the start of December, when momentum took over, sending silver on a historic run that pushed it to a record high of US$116 by the end of January.

Behind these meteoric gains was a highly volatile silver market, which, despite strong fundamentals, became highly speculative and attractive to investors seeking an alternative to gold, which is also trading at all-time highs.

“You buy gold to prevent losing money, and you buy silver to make money, to buy more gold,” Spina said.

Silver is in the midst of a six-year structural supply deficit, with the expectation that it will continue through 2026.

A key driver of this deficit is silver’s growing role in industrial applications. Although its biggest gains have come from its use in solar panel production, it’s also important to several other sectors, including automotive and defense.

“We wouldn’t have a modern civilization without silver. It’s used in a myriad of different places, and what is interesting now is that silver is very critical to the national defense of the US, of China, of big superpowers. So it’s becoming weaponized,” Spina explained. He noted that the US designated silver a critical mineral in 2025, placing it alongside copper for strategic purposes, and suggested that stockpiling is likely underway.

In addition to demand driving the silver price, Spina also noted that investors who had been absent from the market for many years moved into net-buying positions last year, which has helped to accelerate the market.

“Its more serious than the gold market, because silver is so essential in our daily lives,” Spina said.

While demand increases, a serious situation is developing on the supply side. The majority of silver produced today comes as a byproduct from mining other metals like copper and zinc.

Jessome outlined how perilous the supply side is, noting that in 2025 there were just 52 primary silver mines worldwide; by the end of 2026, that number is expected to fall to 46, and in 2027 to 39.

With so few mines and high prices, the expectation is that there would be new production set to come online, and although there are some in the pipeline, including Jessome’s Silver Tiger, the reality is that starting a new mine is fraught with challenges. He noted that, from the first drill hole to production, the average time is 17 years.

“From that first drill hole to a commercial mine, it’s one in 1,000. So if you think that we’re going to solve this 39 in the next year, it’s not easy, it’s hard,” Jessome told the VRIC audience.

He continued to explain that, regardless of what happens with the price, people don’t realize there’s not enough silver.

Bull markets, retractions and getting ahead

Even though silver’s fundamentals support high prices, the questions on many lips throughout VRIC were: ‘Is it too much too soon?’ and ‘Is it a bull market or is it a bubble?’

The consensus was that the metal remains in a bull market, but is exhibiting some bubble-like characteristics; investors can expect corrections, but silver will likely maintain momentum.

“We’re multiple percent above the 200 day moving average. This is not something that’s sustainable. If we continue at this pace, it would suck all the money from the markets into this one asset. It’s not likely to continue,” Krauth said just days prior to a significant correction that took the silver price back below US$70.

He pointed to the 2001 to 2011 bull market: silver rose from US$4 to nearly US$50, but along the way, there were corrections. “There were five corrections of 15 percent or more. The average correction was 30 percent. That would take us to US$75, US$80 right now,” Krauth emphasized to the audience at VRIC.

While the expert explained that a silver correction of that magnitude wouldn’t be shocking, he also pointed out that miners would still be pretty happy at those prices.

Given the market volatility, Spina echoed much of Krauth’s belief that there is reason for investors to be excited but also urged caution, commenting, “I would be very, very cautious in trying to trade this, especially with leverage or anything like that, but I do think that we’re in the revaluation phase. Silver could go a lot higher, but along the way, we can get some very vicious pullbacks, and so one has to be ready for those events.’

Smirnova urged calm, and that she was hopeful for a correction, agreeing with Krauth that the parabolic trajectory of silver wasn’t sustainable, and saying she sees gold market as more steady.

She also suggested that, rather than chasing opportunities, investors should be patient and wait for them to come to them, rather than being fearful in such a volatile market.

“I would urge people to think, sit back, and think about the reasons why silver ran in the first place, and whether those reasons are continuing right now, and they will. I think the fundamentals haven’t changed for silver, using corrections as opportunities to reload, to enter, to buy things that you know you like as an investor,” Smirnova said.

Investor takeaway

Overall, the panel was in agreement that the main factors fueling a strong silver market, supply and demand, investment, and a bifurcated market, aren’t going anywhere anytime soon.

Demand for silver goes beyond investment and is set to play a crucial role in the energy transition, AI and technology, and national defense. However, they also agreed that it’s probably run up to fast, and needs a correction, which started to happen on January 29, but none expected the bull market to come to an end.

Smirnova did an excellent job of putting the changing silver market into perspective for investors.

“We mine and produce, between scrap and mining supply, 1 billion ounces a year at US$30. That was a US$30 billion market. At US$100 it’s a US$100 billion market. It’s nothing. We have companies trading at trillion-dollar valuations in the market. The whole silver market is $100 billion a year, so it really does not take a lot of money to move the price, and that’s why I think it’s gone from US$30 to US$100 in no time at all,” she said.

While these price shifts don’t require significant capital inflows, they make a significant difference across the sector. Krauth noted that the price of silver hasn’t really been factored in for silver developers or producers because their projections are currently based on prices that are two-thirds lower.

“Almost nobody ever uses spot prices. They’re arguably two-thirds below spot price,’ he said.

‘So when the next few quarters come in and the market starts to realize what kind of cash these projects are generating, I think that’s when the reality will start to set in,” Krauth added.

The panel was largely optimistic that opportunities will continue to arise in the silver market. They noted that physical silver prices tend to be more volatile, but there are safer options for investors who don’t want to miss out.

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

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Here’s a quick recap of the crypto landscape for Monday (February 9) as of 9:00 a.m. UTC.

Get the latest insights on Bitcoin, Ether and altcoins, along with a round-up of key cryptocurrency market news.

Bitcoin (BTC) was priced at US$69,837.08, down by 1.1 percent over 24 hours.

Bitcoin price performance, February 9, 2026.

Chart via TradingView

Ether (ETH) was priced at US$2,049.31, down by 3.5 percent over the last 24 hours.

Altcoin price update

  • XRP (XRP) was priced at US$1.41, down by 3.5 over 24 hours.
  • Solana (SOL) was trading at US$84.50, down by 3.9 percent over 24 hours.

Today’s crypto news to know

Tether deepens gold push with US$150M stake in Gold.com

Tether has made a US$150 million investment in Gold.com, acquiring roughly a 12 pecent minority stake as it moves to broaden access to both tokenized and physical gold.

The deal sets up a long-term partnership that will integrate Tether’s gold-backed token, XAU₮, into Gold.com’s platform and explore ways for customers to buy physical gold using digital currencies such as USDT and the newly launched, federally regulated USA₮.

The move comes as gold prices push above US$5,000 an ounce, reinforcing demand for hard-asset exposure amid geopolitical and macroeconomic uncertainty. Tether said the gold-backed stablecoin market has nearly tripled over the past year to more than US$5.5 billion, with XAU₮ accounting for over 60 percent of total market value.

The company says XAU₮ is backed 1:1 by allocated physical gold, with about 140 tons in total held in secure vaults and each token linked to a specific London Good Delivery bar.

Bitcoin breaks below US$70,000 as liquidations accelerate

Bitcoin fell sharply this week, breaking below the closely watched US$70,000 level and trading as low as roughly US$60,300 before stabilizing near US$65,000

The US$70,000 mark had become a crowded positioning zone, and once it failed, mechanically driven selling took over.

In addition, the Crypto Fear & Greed Index dropped to 9, its lowest reading in nearly four years, while futures open interest slid toward multi-month lows, signaling defensive positioning rather than dip-buying. “

South Korea tightens scrutiny after Bithumb’s distribution error

South Korea’s Financial Supervisory Service has moved to strengthen oversight of crypto exchanges following a major error at Bithumb that briefly flooded user accounts with billions of dollars’ worth of bitcoin.

The incident occurred when customers were mistakenly credited with roughly 2,000 BTC each instead of small promotional rewards, triggering panic selling and a sharp price dislocation on the exchange.

Bitcoin prices on Bithumb fell as much as 30 percent below global levels before trading and withdrawals were halted.

Authorities said the episode exposed “vulnerabilities and risks” in virtual asset systems and raised concerns about internal controls and reserve backing. “It is a case that shows the structural problems of electronic systems for virtual assets,” said Lee Chan-jin, governor of South Korea’s Financial Supervisory Service.

Regulators plan to introduce tougher penalties for IT failures and expand monitoring tools that flag suspicious trading patterns in real time.

Of the more than 620,000 bitcoins mistakenly distributed, authorities said nearly all have since been recovered.

FDIC settles FOIA fight over crypto ‘pause letters’

The Federal Deposit Insurance Corporation (FDIC) has agreed to pay US$188,440 in legal fees and drop its effort to withhold crypto-related “pause letters,” settling a Freedom of Information Act lawsuit tied to alleged debanking practices.

The case stemmed from a records request filed by History Associates on behalf of Coinbase, seeking documents that showed how banks were allegedly pressured to halt or limit crypto activities.

A federal court ruled last year that the FDIC violated FOIA by categorically withholding the letters rather than reviewing them individually.

“We successfully uncovered dozens of crypto ‘pause letters’—indisputable proof of OCP2.0,” Coinbase chief legal officer Paul Grewal wrote on X after the settlement.

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

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

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First drill testing of a large-scale Rossing-style uranium target, along trend of Namibia’s giant uranium deposits

ReeXploration Inc. (TSXV: REE) (FSE: K2I0) (‘ReeXploration’ or the ‘Company’) is pleased to announce the launch of a fully funded uranium drilling program at the Eureka Project in central Namibia. This campaign marks the Company’s first drill testing of a large-scale uranium target, 6.5 x 3.5 km in extent, defined through integrated geophysical, geochemical, and geological work. The target is located along trend of Namibia’s world renowned ‘Alaskite Alley’, a corridor hosting giant leucogranite-hosted uranium deposits.

The drill campaign will evaluate a range of priority zones distributed across the broader target area, selected on the basis of airborne and ground uranium radiometric responses, uranium-in-soil geochemistry, and interpreted favourable structural and lithological settings. The priority zones all fall within a regional geological setting consistent with leucogranite-hosted uranium systems elsewhere in Namibia’s Central Zone, including the Rössing, Husab, and Etango deposits.

The core drilling program is expected to include up to 2,000 metres of drilling across 12 to 15 drill holes, and will be results-driven. Drill holes are designed to test for primary leucogranite-hosted uranium mineralization below the weathering profile.

‘The start of drilling at Eureka marks a significant milestone for ReeXploration, representing our first drill program on a large and highly prospective uranium system,’ said Christopher Drysdale, Interim CEO of ReeXploration. ‘This initial campaign will evaluate several priority zones and generate critical information to refine our geological understanding and guide future exploration. Importantly, Eureka also hosts confirmed rare earth element mineralization, providing the Company with dual-commodity exposure and long-term strategic optionality. Operating in Namibia, with its proven history of supporting responsible exploration and development, significantly enhances our ability to advance and unlock the full potential of the Eureka Project.’

Figure 1: Regional satellite view showing the position of the uranium anomalies southwest of the Eureka Dome, and their proximity to the Welwitschia Lineament and other large uranium deposits in Alaskite Alley.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/6102/282719_8ad182f6940f097b_001full.jpg

Program Overview and Next Steps

The initial drilling phase (up to 2,000 metres in 12 to 15 drill holes) is designed to provide first-pass testing of the uranium system at depth and to validate the geological model developed from recent radiometric surveys, soil geochemistry, and field mapping.

Priority zones for drill testing have been identified based on coincident:

  • Airborne uranium radiometric anomalies
  • High total gamma responses (>500 cps) from ground spectrometer surveys
  • Uranium-in-soil anomalies (>10 ppm U) identified by pXRF analysis
  • Interpreted leucogranites in contact with reactive calc-silicate host rocks

The zones include occurrences of visible secondary uranium mineralization identified within leucogranites and gypcretes/calcretes.

Drilling will consist of core drill holes designed to confirm the presence, style, and continuity of uranium mineralization at depth, and to improve the Company’s understanding of the broader uranium system across the Eureka Project area.

Figure 2: Company license holding showing REE targets within the Eureka Dome, and airborne uranium anomalies (Government Airborne Radiometrics) backdrop. Insert: Thorium radiometric backdrop showing low thorium relative to the uranium anomalies.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/6102/282719_8ad182f6940f097b_002full.jpg

Qualified Person

Tolene Kruger, BSc. (Hons), M.Sc., is a consulting geologist and has reviewed and approved the scientific and technical information in this news release. Ms. Kruger is registered as Professional Natural Scientist (Pr.Sci.Nat.) with the South African Council for Natural Science Professions (SACNASP, Reg. No.: 148182), and a Qualified Person for the purposes of National Instrument 43-101 – Standards of Disclosure for Mineral Projects. Ms. Kruger is not independent of the Company under NI 43-101.

About ReeXploration Inc.

ReeXploration (TSXV: REE) (FSE: K2I0) is a Canadian exploration company positioned to help meet surging global demand for secure, responsible supplies of critical minerals essential to the clean energy transition, advanced technologies and national defense. The Company’s flagship Eureka Project in central Namibia pairs a technically proven rare earth foundation – supported by the production of a clean monazite concentrate – with a newly defined, high-priority uranium target located within one of the world’s most established uranium corridors. Together, these commodities provide multi-path discovery potential aligned with accelerating global efforts to diversify critical mineral and nuclear fuel supply. Supported by a Namibia-based technical team and guided by global critical minerals experts, ReeXploration is advancing a disciplined, discovery-led strategy, building a credible, ESG-aligned platform positioned to benefit from the global race to diversify and secure responsible supply chains.

Caution Regarding Forward Looking Information

This press release may contain forward-looking information. This information is based on current expectations and assumptions (including assumptions relating to general economic and market conditions) that are subject to significant risks and uncertainties that are difficult to predict. Actual results may differ materially from results suggested in any forward-looking information. ReeXploration does not assume any obligation to update forward-looking information in this release, or to update the reasons why actual results could differ from those reflected in the forward-looking information unless and until required by securities laws applicable to ReeXploration. Additional information identifying risks and uncertainties is contained in the filings made by ReeXploration with Canadian securities regulators, which filings are available at www.sedarplus.ca.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Further details are available on the Corporation’s website at www.rareearthexploration.com or contact Christopher Drysdale, Interim CEO of ReeXploration Inc., at +1 902-334-1949, contact@rareearthexploration.com.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/282719

News Provided by TMX Newsfile via QuoteMedia

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(TheNewswire)

  

Vancouver, B.C. TheNewswire – February 9, 2026 Armory Mining Corp. (CSE: ARMY) (OTC: RMRYF) (FRA: 2JS) (the ‘Company’ or ‘Armory’) a resource exploration company focused on the discovery and development of minerals critical to the energy, security and defense sectors, is pleased to announce that is preparing to conduct a series of airborne geophysics surveys at the Ammo antimony-gold project (‘Ammo’) located in Nova Scotia, Canada.

The planned airborne geophysics surveys have been designed using efficient 50-meter flight lines (Fig 1) to collect information from associated sulfide mineralization, sericite and potassic alteration and probable pathfinder related uranium anomalies.

The Company intends on undertaking a magnetic survey designed to collect information regarding geological characteristics including structural and lithological features, an electromagnetic survey to collect data correlated with associated sulfide mineralization, and a radiometric survey to collect any possible correlation between uranium anomalies and the target mineralization.

‘These surveys form an important part of preliminary exploration critical to defining drill targets at Ammo,’ said Alex Klenman, CEO of Armory Mining. ‘The data generated by the surveys will aid tremendously in determining the best areas to drill.  The geological team has outlined a comprehensive exploration plan for the Ammo project, and we’re committed to completing these next steps,’ continued Mr. Klenman.  


Click Image To View Full Size

 

Figure 1 – Ammo Property and Significant Mining and Mineral Occurrences within and adjacent Distance

 

The Property

  • The Company has the option to acquire a 100% interest in the Ammo Sb-Au project, comprising three contiguous mineral claims (Exploration Licenses) surrounding the historical West Gore antimony-gold mine, a past producer of antimony and gold, located in central Nova Scotia, Canada covering approximately 3,020 hectares (Fig. 2). 

  • The property is underlain by sericitic slates and minor intercalated arenites of the Halifax formation, a member of the Ordovician Meguma Group. It is made up of a basal sandy flysch unit known as the Goldenville formation and an overlying shaly flysch unit known as the Halifax formation which hosts the West Gore gold-antimony mineralization. Peraluminous granites and minor mafic bodies intrude the Meguma Group sedimentary. This magmatic activity seems to be responsible for the hydrothermal activity that caused the gold mineralization (Fig 2). 

  • The mineralization in adjacent West Gore mineralization occurs throughout the Meguma Group stratigraphy. The mineralization is generally in laterally continuous veins were emplaced during hydrofracturing in brittle ductile deformation dominated by quartz-carbonate gangue and iron sulphides with free gold, generally micron sized but nuggets up to 11 ounces have been reported. The sulfides with mineralization including Pyrite, pyrrhotite, arsenopyrite, stibnite, chalcopyrite, galena, sphalerite and iron oxides are associated with quartz-carbonate veins or sheared host rocks in the Mineralized zone. 

 


Click Image To View Full Size

 

Figure 2 – Ammo Property and Surrounding Mining and Mineral Occurrences

 

About Armory Mining Corp

Armory Mining Corp. is a Canadian exploration company focused on minerals critical to the energy, security and defense sectors. The Company controls an 80% interest in the Candela II lithium brine project located in the Incahuasi Salar, Salta Province, Argentina. In addition, the Company controls 100% interest in both the Ammo antimony-gold project located in Nova Scotia and the Riley Creek antimony-gold project located in British Columbia.

 

Qualified Person

The technical content of this news release has been reviewed and approved by Mr. Babak V. Azar, P.Geo., a qualified person as defined by National Instrument 43-101. Historical reports provided by the optionor were reviewed by the qualified person. The information provided has not been verified and is being treated as historic.

 

Contact Information

 

Alex Klenman

CEO & Director

alex@armorymining.com

604-970-4330

 

Neither the Canadian Securities Exchange nor its Market Regulator (as the term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy of accuracy of this news release.   This news release does not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of any of the Company’s securities in any jurisdiction in which such offer, solicitation or sale would be unlawful, including any of the securities in the United States of America. The Company’s securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the ‘1933 Act’) or any state securities laws and may not be offered or sold within the United States or to, or for account or benefit of, U.S. Persons (as defined in Regulation S under the  1933 Act) unless registered under the  1933 Act  and applicable  state  securities  laws, or an exemption from such registration requirements is available.

 

Forward-looking statements:

 

This press release contains certain forward-looking statements, including statements regarding the intended use of funds. The words ‘expects,’ ‘anticipates,’ ‘believes,’ ‘intends,’ ‘plans,’ ‘will,’ ‘may,’ and similar expressions are intended to identify forward-looking statements. Although the Company believes that its expectations as reflected in these forward-looking statements are reasonable, such statements involve risks and uncertainties. Actual results may differ materially from those expressed or implied in these statements due to various factors, including, but not limited to, political and regulatory risks in Canada, operational and exploration risks, market conditions, and the availability of financing. Readers are cautioned not to place undue reliance on forward-looking statements, which are made as of the date of this release. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by applicable securities laws.

Copyright (c) 2026 TheNewswire – All rights reserved.

News Provided by TheNewsWire via QuoteMedia

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We also break down next week’s catalysts to watch to help you prepare for the week ahead.

In this article:

    This week’s tech sector performance

    Tech stocks extended their selloff into their second week, with the Nasdaq Composite (INDEXNASDAQ:.IXIC) posting its steepest two‑day decline since last April.

    Monday (February 2) saw an early rotation out of tech ahead of Palantir Technologies (NASDAQ:PLTR) earnings report. NVIDIA (NASDAQ:NVDA) slipped on news that its proposed OpenAI‑backed investment hit a snag, dragging AI‑chip names like Advanced Micro Devices (NASDAQ:AMD), Broadcom (NASDAQ:AVGO) and other semiconductor leaders.

    Palantir’s earnings, which beat expectations and included an aggressive revenue growth guide, lifted shares in an early surge on Tuesday (February 3); however, Nvidia’s OpenAI‑investment‑snag news, plus general AI‑disruption worries and positioning, weighed on the broader tech stack, sparking a tech‑growth selloff that impacted NVIDIA, Microsoft (NASDAQ:MSFT) and other software‑heavy names.

    The Nasdaq fell deeper on Wednesday (February 4) as influential tech names such as AMD and other chip and software stocks reversed post‑earnings gains. AMD saw a sharp intraday plunge following its after‑hours earnings print on Tuesday. Its losses dragged the broader index lower.

    Tech selloffs extended into Thursday (February 5), with the Nasdaq closing down 1.6 percent as major tech stocks saw profit‑taking and forward‑looking capex‑related concerns, later crystallized by Alphabet (NASDAQ:GOOGL) and Amazon (NASDAQ:AMZN) aggressive 2026 spending plans.

    The Nasdaq made an impressive recovery on Friday (February 6) as a rally in chip stocks helped pare earlier week losses, despite ongoing volatility in the mega‑caps.

    3 tech stocks moving markets this week

    1.Teradyne (NASDAQ:TER)

    After reporting Q4 2025 earnings results and strong AI-driven guidance on Monday, the stock rose sharply. The semiconductor‑test and robotics‑automation company makes equipment used to test chips, including AI‑related compute and memory and industrial robots.

    2. Skyworks (NASDAQ:SWKS)

    The analog and RF‑semiconductor company, which designs and manufactures components used in smartphones, 5G infrastructure, automotive and IoT devices, reported Q1 fiscal 2026 results on Tuesday, beating expectations and guiding up, which helped it outperform the broader tech selloff.

    3. Apple (NASDAQ:AAPL)

    Apple’s strong performance this week was driven by a wave of analyst upgrades and bullish notes that reinforced the positive narrative from last week’s record‑breaking Q1 print, especially around iPhone demand and China‑market strength.

    Skyworks Solutions, Teradyne and Apple performance, February 2 to 6, 2025.

    Chart via Google Finance.

    Top tech news of the week

      • Canada led an AI delegation to the 2026 World Governments Summit (WGS) in Dubai this week, led by SCALE AI.
        • Alphabet Q4 numbers were driven by search revenue growth, which accelerated by nearly 17 percent, and Google Cloud revenue that jumped 48 percent YoY, helping ease fears that AI chatbots would eat into search. Despite the strong print, the stock dipped as the company said it plans to increase capital expenditures to between US$175 billion and US$185 billion, more than its 2025 cash generation.
        • Palantir’s earnings triggered a pop on Tuesday as it beat revenue expectations and laid out an aggressive 2026 growth guide. The company reported Q4 2025 revenue of US$1.41 billion, up 70 percentYoY, with US commercial revenue surging 137 percent and government revenue rising 66 percent, while guiding full‑year 2026 revenue to about US$7.2 billion
        • Amazon also posted a solid quarter, but said it will spend roughly US$200 billion this year on capital expenditures, a 56 percent jump from 2025, to fund AI‑related infrastructure, data centers and custom chips for AWS. Revenue rose approximately 14 percent to US$213.4 billion, driven by AWS reaccelerating to 24 percent growth and advertising increasing by 22 percent, despite free cash flow collapsing due to a capex surge.

          Tech ETF performance

          Tech exchange-traded funds (ETFs) track baskets of major tech stocks, meaning their performance helps investors gauge the overall performance of the niches they cover.

          This week, the iShares Semiconductor ETF (NASDAQ:SOXX) advanced by 1.89 percent, while the Invesco PHLX Semiconductor ETF (NASDAQ:SOXQ) advanced by 1.66 percent.

          The VanEck Semiconductor ETF (NASDAQ:SMH) also increased by 0.75 percent.

          Tech news to watch next week

          Next week is another earnings‑heavy, tech‑adjacent stretch, with a mix of big‑name reports and key macro data that will like keep markets sensitive to AI capex and earnings.

          Coinbase (NASDAQ:COIN) and Robinhood Markets (NASDAQ:HOOD) will be among the most‑watched names tied to crypto and retail trading. Cisco (NASDAQ:CSCO) also reports midweek.

          In addition to US wholesale inventories, Employment Cost Index and CPI reports, the FOMC minutes will be released on February 11, so rate policy and inflation will stay front‑of‑mind.

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

          This post appeared first on investingnews.com

          Here’s a quick recap of the crypto landscape for Friday (February 6) as of 9:00 p.m. UTC.

          Get the latest insights on Bitcoin, Ether and altcoins, along with a round-up of key cryptocurrency market news.

          Bitcoin (BTC) was priced at US$70,178.66, up by 11.3 percent over 24 hours.

          Bitcoin price performance, February 6, 2026.

          Chart via TradingView.

          Bitcoin has stopped behaving as an alternative safe-haven asset and has re-aligned with the risk-asset cycle. Its high correlation with traditional financial markets, including a broad sell-off in technology stocks, precious metals, and equities, suggests a scenario of systemic stress and scarce liquidity.

          Downward pressure intensified after breaking key technical levels, causing nearly US$770 million in leveraged long positions to be liquidated in 24 hours, suggesting the market’s ‘cleansing phase’ is ongoing. The decline was exacerbated by a strong dollar and rising bond yields, which reduced the appeal of non-yielding assets like cryptocurrencies, prompting a rotation into defensive assets.

          In the short term, price action will be limited and vulnerable to renewed selling pressure as long as restrictive financial conditions and a defensive tone prevail in global markets. Stabilization requires an improvement in global financial conditions and Bitcoin’s ability to rebuild solid technical support.

          Ether (ETH) was priced at US$2,052.03, up by 10 percent over the last 24 hours.

          Altcoin price update

          • XRP (XRP) was priced at US$1.46, up by 25.2 over 24 hours.
          • Solana (SOL) was trading at US$87.37, up by 10.4 percent over 24 hours.

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

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