American Uranium (AMU:AU) has announced Lo Herma Hydrogeology Testing & Resource Expansion Drilling
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Osisko Metals Incorporated (the ‘ Company ‘ or ‘ Osisko Metals ‘) ( TSX: OM,OTC:OMZNF ; OTCQX: OMZNF ; FRANKFURT: 0B51 ) is pleased to announce new drill results from the Gaspé Copper Project, located in the Gaspé Peninsula of Eastern Québec.
Osisko Metals CEO Robert Wares commented: ‘The growth potential of the Gaspé Copper deposit continues to be demonstrated with today’s new high-grade results. Holes 30-1106 and 30-1109 reveal the presence of a thick, higher grade tabular zone lying at depth around the E Zone horizon near the eastern margin of our 2024 MRE model. This tabular zone may extend significantly to the east if it correlates to historical drilling results. Our expansion drilling is exceeding expectations, hand-in-hand with the solid infill results on our main resource area.’
New analytical results are presented below (see Table 1), including 26 mineralized intercepts from six new drill holes. Infill intercepts are located inside the 2024 MRE model ( see November 14, 2024 news release ), and are focused on upgrading inferred mineral resources to measured or indicated categories, as applicable. Expansion intercepts are located outside the 2024 MRE model and may potentially lead to additional resources that will be classified appropriately within the next MRE update. Some of the reported intercepts have contiguous shallower infill as well as deeper expansion (noted on Table 1 below as ‘Both’). Maps showing hole locations are available at www.osiskometals.com .
Highlights:
- Drill hole 30-1110
- 1091.5 metres averaging 0.20% Cu (infill and expansion)
- Drill hole 30-1109
- 133.7 metres averaging 1.04% Cu (expansion)
- Drill hole 30-1106
- 159.1 metres averaging 0.45% Cu (expansion)
- Drill hole 30-1103
- 167.9 metres averaging 0.24% Cu (infill)
- Drill hole 30-1108
- 134.8 metres averaging 0.22% Cu (infill and expansion)
- Drill hole 30-1111
- 304.5 metres averaging 0.17% Cu (infill)
- 206.3 metres averaging 0.33% Cu (expansion)
Table 1: Infill and Expansion Drilling Results
| DDH No. | From (m) | To (m) | Length (m) | Cu % | Ag g/t | Mo % | CuEq* | Type** |
| 30-1103 | 14.6 | 144.0 | 129.4 | 0.17 | 1.40 | 0.19 | Infill | |
| And | 322.6 | 490.5 | 167.9 | 0.24 | 1.84 | 0.014 | 0.30 | Infill |
| And | 510.0 | 583.5 | 73.5 | 0.27 | 2.02 | 0.029 | 0.40 | Expansion |
| And | 618.0 | 714.0 | 96.0 | 0.12 | 1.09 | 0.024 | 0.20 | Expansion |
| And | 790.5 | 854.0 | 63.5 | 0.26 | 1.38 | 0.010 | 0.30 | Expansion |
| 30-1106 | 595.5 | 634.5 | 39.0 | 0.40 | 3.58 | 0.44 | Infill | |
| And | 694.0 | 716.0 | 22.0 | 0.29 | 1.60 | 0.008 | 0.32 | Expansion |
| And | 741.0 | 802.5 | 61.5 | 0.18 | 0.97 | 0.014 | 0.23 | Expansion |
| And | 844.7 | 1003.8 | 159.1 | 0.45 | 1.95 | 0.011 | 0.50 | Expansion |
| (including) | 864.2 | 898.0 | 33.8 | 1.04 | 3.60 | 0.011 | 1.10 | Expansion |
| 30-1108 | 9.0 | 53.0 | 44.0 | 0.20 | 1.80 | 0.21 | Infill | |
| And | 67.0 | 96.0 | 29.0 | 0.17 | 1.62 | 0.19 | Infill | |
| And | 160.5 | 199.5 | 39.0 | 0.12 | 1.05 | 0.008 | 0.16 | Infill |
| And | 354.0 | 417.0 | 63.0 | 0.19 | 1.42 | 0.006 | 0.22 | Infill |
| And | 442.2 | 579.0 | 134.8 | 0.22 | 1.17 | 0.030 | 0.34 | Both |
| And | 662.7 | 695.8 | 33.1 | 0.22 | 0.75 | 0.021 | 0.31 | Expansion |
| And | 877.5 | 900.3 | 22.8 | 0.62 | 5.14 | 0.67 | Expansion | |
| 30-1109 | 463.5 | 487.5 | 24.0 | 0.36 | 2.83 | 0.39 | Infill | |
| And | 543.0 | 583.5 | 40.5 | 1.35 | 8.29 | 0.012 | 1.44 | Infill |
| And | 727.3 | 861.0 | 133.7 | 1.04 | 6.48 | 0.017 | 1.14 | Expansion |
| 30-1110 | 8.0 | 1099.5 | 1091.5 | 0.20 | 1.52 | 0.017 | 0.28 | Both |
| (including) | 8.0 | 743.6 | 735.6 | 0.20 | 1.50 | 0.015 | 0.27 | Infill |
| (including) | 743.6 | 1099.5 | 355.9 | 0.21 | 1.55 | 0.021 | 0.30 | Expansion |
| And | 1138.5 | 1177.5 | 39.0 | 0.12 | 0.90 | 0.014 | 0.17 | Expansion |
| 30-1111 | 28.5 | 333.0 | 304.5 | 0.17 | 0.80 | 0.007 | 0.20 | Infill |
| And | 391.5 | 602.5 | 210.5 | 0.16 | 0.78 | 0.028 | 0.27 | Infill |
| And | 634.7 | 682.5 | 47.8 | 0.13 | 1.06 | 0.008 | 0.16 | Expansion |
| And | 730.0 | 936.3 | 206.3 | 0.33 | 2.39 | 0.016 | 0.41 | Expansion |
* See explanatory notes below on copper equivalent values and Quality Assurance/Quality Controls.
** ‘Both’ indicates drill holes that have contiguous shallower infill as well as deeper expansion intercepts.
Discussion
Drill holes 30-1103 and 30-1108, both located near the western margin of the 2024 MRE model, cut multiple intersections of mineralized material, 20 to 168 metres thick, distributed in ‘layer cake’ fashion from surface to a vertical depth of 854 and 900 metres, respectively.
Drill hole 30-1106, located near the eastern margin of the 2024 MRE model, cut unmineralized material to a depth of about 600 metres, followed by four mineralized intervals to a vertical depth of 1004 metres. These include a higher-grade interval of 33.8 metres averaging 1.04% Cu and 3.60 g/t Ag located at the level of (and immediately below) the E Zone skarn horizon.
Drill hole 30-1109, also located near the eastern margin of the 2024 MRE model, cut unmineralized material to a depth of about 460 metres, followed by three mineralized intervals to a vertical depth of 860 metres. These also include a higher-grade interval of 133.7 metres averaging 1.04% Cu and 6.48 g/t Ag located in skarn and porcellanites above and below the E Zone skarn horizon.
Both 30-1106 and 30-1109 suggest potential for the presence of a higher-grade tabular deposit around the E Zone horizon that, when combined with historical drilling data, indicates a potential extension eastward towards the previously mined E-32 Zone over a lateral distance of 800 metres.
Drill hole 30-1110, located on top of Copper Mountain near the central part of the 2024 MRE model, intersected 1091.5 metres averaging 0.20% Cu, 1.52 g/t Ag, and 0.017% Mo (0.28% CuEq), including 735.6 metres averaging 0.20% Cu, 1.50 g/t Ag, and 0.015% Mo (infill) and 355.9 metres averaging 0.21% Cu, 1.55 g/t Ag, and 0.021% Mo (expansion), extending mineralization to a vertical depth of 1100 metres and again confirming continuity of mineralization in the core of the deposit.
Drill hole 30-1111, located immediately west of Copper Mountain near the southern lip of the pit, intersected 304.5 metres (from surface) averaging 0.17% Cu and 0.80 g/t Ag followed by three more intersections that included expansion at depth of 206.3 metres averaging 0.33% Cu, 2.39 g/t Ag, and 0.016% Mo, extending mineralization in this area to a vertical depth of 936 metres. The central porphyry intrusion was then intersected and returned 76 metres averaging negligible copper (0.08% Cu) but significant molybdenum (0.023% Mo).
Mineralization at Gaspé Copper is of porphyry copper/skarn type and occurs as disseminations and stockworks of chalcopyrite with pyrite or pyrrhotite and minor bornite and molybdenite. At least five retrograde vein/stockwork mineralizing events have been recognized at Copper Mountain, which overprint earlier prograde skarn and porcellanite-hosted mineralization throughout the Gaspé Copper system. Porcellanite is a historical mining term used to describe bleached, pale green to white potassic-altered hornfels. Subvertical stockwork mineralization dominates at Copper Mountain whereas prograde bedding-replacement mineralization, that is mostly stratigraphically controlled, dominates in the area of Needle Mountain, Needle East, and Copper Brook. High molybdenum grades (up to 0.5% Mo) were locally obtained in both the C Zone and E Zone skarns away from Copper Mountain.
The 2022 to 2024 Osisko Metals drill programs were focused on defining open-pit resources within the Copper Mountain stockwork mineralization ( see May 6, 2024 MRE press release ). Extending the resource model south of Copper Mountain into the poorly-drilled prograde skarn/porcellanite portion of the system subsequently led to a significantly increased resource, mostly in the Inferred category ( see November 14, 2024 MRE press release ).
The current drill program is designed to convert the November 2024 MRE to Measured and Indicated categories, as well as test the expansion of the system deeper into the stratigraphy and laterally to the south and southwest towards Needle East and Needle Mountain respectively. The November 2024 MRE was limited at depth to the base of the L1 skarn horizon (C Zone), and all mineralized intersections below this horizon represent potential depth extensions to the deposit, to be included in the next scheduled MRE update in Q1 2026.
All holes are being drilled sub-vertically into the altered calcareous stratigraphy, which dips 20 to 25 degrees to the north. The L1 (C Zone) the L2 (E Zone) skarn/marble horizons were intersected in most holes, as well as intervening porcellanites that host the bulk of the disseminated copper mineralization.
Table 2: Drill hole locations
| DDH No. | Azimuth (°) | Dip (°) | Length (m) | UTM E | UTM N | Elevation |
| 30-1103 | 0.00 | -90.00 | 930.0 | 316056.0 | 5426038.0 | 634.7 |
| 30-1106 | 0.00 | -90.00 | 1131.0 | 316500.0 | 5426360.0 | 628.7 |
| 30-1108 | 0.00 | -90.00 | 960.00 | 315900.0 | 5426136.0 | 638.9 |
| 30-1109 | 0.00 | -90.00 | 861.00 | 316600.0 | 5426205.0 | 608.2 |
| 30-1110 | 0.00 | -90.00 | 1200.00 | 316077.0 | 5426355.0 | 742.7 |
| 30-1111 | 0.00 | -90.00 | 1014.00 | 315600.0 | 5426408.0 | 590.0 |
Explanatory note regarding copper-equivalent grades
Copper Equivalent grades are expressed for purposes of simplicity and are calculated taking into account: 1) metal grades; 2) estimated long-term prices of metals: US$4.25/lb copper, US$20.00/lb molybdenum, and US$24.00/oz silver; 3) estimated recoveries of 92%, 70%, and 70% for Cu, Mo, and Ag respectively; and 4) net smelter return value of metals as percentage of the price, estimated at 86.5%, 90.7%, and 75.0% for Cu, Mo, and Ag respectively.
Qualified Person
The scientific and technical content of this news release has been reviewed and approved by Mr. Bernard-Olivier Martel, P. Geo. (OGQ 492), an independent ‘qualified person’ as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects (‘NI 43-101’).
Quality Assurance / Quality Control
Mineralized intervals reported herein are calculated using an average 0.12% CuEq lower cut-off over contiguous 20-metre intersections (shorter intervals as the case may be at the upper and lower limits of reported intervals). Intervals of 20 metres or less are not reported unless indicating significantly higher grades . True widths are estimated at 90- 92% of the reported core length intervals.
Osisko Metals adheres to a strict QA/QC program for core handling, sampling, sample transportation and analyses, including insertion of blanks and standards in the sample stream. Drill core is drilled in HQ or NQ diameter and securely transported to its core processing facility on site, where it is logged, cut and sampled. Samples selected for assay are sealed and shipped to ALS Canada Ltd.’s preparation facility in Sudbury. Sample preparation details (code PREP-31DH) are available on the ALS Canada website. Pulps are analyzed at the ALS Canada Ltd. facility in North Vancouver, BC. All samples are analyzed by four acid digestion followed by both ICP-AES and ICP-MS for Cu, Mo and Ag.
About Osisko Metals
Osisko Metals Incorporated is a Canadian exploration and development company creating value in the critical metals sector, with a focus on copper and zinc. The Company acquired a 100% interest in the past-producing Gaspé Copper mine from Glencore Canada Corporation in July 2023. The Gaspé Copper mine is located near Murdochville in Québec ‘ s Gaspé Peninsula. The Company is currently focused on resource expansion of the Gaspé Copper system, with current Indicated Mineral Resources of 824 Mt averaging 0.34% CuEq and Inferred Mineral Resources of 670 Mt averaging 0.38% CuEq (in compliance with NI 43-101). For more information, see Osisko Metals’ November 14, 2024 news release entitled ‘Osisko Metals Announces Significant Increase in Mineral Resource at Gaspé Copper’. Gaspé Copper hosts the largest undeveloped copper resource in eastern North America, strategically located near existing infrastructure in the mining-friendly province of Québec.
In addition to the Gaspé Copper project, the Company is working with Appian Capital Advisory LLP through the Pine Point Mining Limited joint venture to advance one of Canada ‘ s largest past-producing zinc mining camps, the Pine Point project, located in the Northwest Territories. The current mineral resource estimate for the Pine Point project consists of Indicated Mineral Resources of 49.5 Mt averaging 5.52% ZnEq and Inferred Mineral Resources of 8.3 Mt averaging 5.64% ZnEq (in compliance with NI 43-101). For more information, see Osisko Metals ‘ June 25, 2024 news release entitled ‘Osisko Metals releases Pine Point mineral resource estimate: 49.5 million tonnes of indicated resources at 5.52% ZnEq’. The Pine Point project is located on the south shore of Great Slave Lake, NWT, close to infrastructure, with paved road access, an electrical substation and 100 kilometres of viable haul roads.
For further information on this news release, visit www.osiskometals.com or contact:
Don Njegovan, President
Email: info@osiskometals.com
Phone: (416) 500-4129
Cautionary Statement on Forward-Looking Information
This news release contains ‘forward-looking information’ within the meaning of applicable Canadian securities legislation based on expectations, estimates and projections as at the date of this news release. Any statement that involves predictions, expectations, interpretations, beliefs, plans, projections, objectives, assumptions, future events or performance (often, but not always, using phrases such as ‘expects’, or ‘does not expect’, ‘is expected’, ‘interpreted’, ‘management’s view’, ‘anticipates’ or ‘does not anticipate’, ‘plans’, ‘budget’, ‘scheduled’, ‘forecasts’, ‘estimates’, ‘potential’, ‘feasibility’, ‘believes’ or ‘intends’ or variations of such words and phrases or stating that certain actions, events or results ‘may’ or ‘could’, ‘would’, ‘might’ or ‘will’ be taken, occur or be achieved) are not statements of historical fact and may be forward-looking information and are intended to identify forward-looking information. This news release contains forward-looking information pertaining to, among other things: the tax treatment of the FT Units; the timing of incurring the Qualifying Expenditures and the renunciation of the Qualifying Expenditures; the ability to advance Gaspé Copper to a construction decision (if at all); the ability to increase the Company’s trading liquidity and enhance its capital markets presence; the potential re-rating of the Company; the ability for the Company to unlock the full potential of its assets and achieve success; the ability for the Company to create value for its shareholders; the advancement of the Pine Point project; the anticipated resource expansion of the Gaspé Copper system and Gaspé Copper hosting the largest undeveloped copper resource in eastern North America.
Forward-looking information is not a guarantee of future performance and is based upon a number of estimates and assumptions of management, in light of management’s experience and perception of trends, current conditions and expected developments, as well as other factors that management believes to be relevant and reasonable in the circumstances, including, without limitation, assumptions about: the ability of exploration results, including drilling, to accurately predict mineralization; errors in geological modelling; insufficient data; equity and debt capital markets; future spot prices of copper and zinc; the timing and results of exploration and drilling programs; the accuracy of mineral resource estimates; production costs; political and regulatory stability; the receipt of governmental and third party approvals; licenses and permits being received on favourable terms; sustained labour stability; stability in financial and capital markets; availability of mining equipment and positive relations with local communities and groups. Forward-looking information involves risks, uncertainties and other factors that could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information. Factors that could cause actual results to differ materially from such forward-looking information are set out in the Company’s public disclosure record on SEDAR+ (www.sedarplus.ca) under Osisko Metals’ issuer profile. Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. The Company disclaims any intention or obligation to update or revise any forward- looking information, whether as a result of new information, future events or otherwise, other than as required by law.
Neither the TSX Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Exchange) accept responsibility for the adequacy or accuracy of this news release. No stock exchange, securities commission, or other regulatory authority has approved or disapproved the information contained herein.
Photos accompanying this announcement are available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/1435bbf7-6580-47e7-9906-c67a832e9456
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NVIDIA’s (NASDAQ:NVDA) new RTX6000D chip, built to comply with US export curbs, is seeing little demand from major Chinese firms, sources familiar with the matter told Reuters this week.
Tests showed it lags the banned RTX5090, which remains widely available through gray market channels at less than half the RTX6000D’s price of roughly 50,000 yuan (around US$7,000).
NVIDIA currently faces a balancing dilemma in China, where the US has barred exports of its most advanced processors to limit Beijing’s artificial intelligence (AI) progress, forcing the company to design downgraded models.
While sell-side analysts had forecast robust demand, including projections of 1.5 million to 2 million RTX6000Ds produced in the second half of 2025, some of China’s biggest technology buyers appear unconvinced.
Instead, tech giants Alibaba (NYSE:BABA), Tencent Holdings (OTC Pink:TCEHY,HKEX:0770) and ByteDance are waiting for clarity on shipments of NVIDIA’s H20, the most powerful AI processor the US has permitted the firm to sell in China.
The US reinstated licenses for the H20 in July, but deliveries have not restarted. Companies are also watching closely to see whether NVIDIA’s B30A, a stronger model still under review in Washington, will win approval.
Chinese tech firms turn to local alternatives
At the same time, NVIDIA is facing a longer-term challenge: leading Chinese firms are beginning to lean more heavily on their own silicon. Alibaba and Baidu (NASDAQ:BIDU) have started using internally designed chips to train AI models, according to the Information, marking a shift away from exclusive reliance on NVIDIA hardware.
Alibaba has deployed its chips for smaller AI models since early this year, while Baidu is experimenting with training new versions of its Ernie AI model using its Kunlun P800 processor.
According to the report, three employees who have worked with Alibaba’s chip said that its performance is now competitive with NVIDIA’s H20, a sign of the rapid improvement in China’s homegrown designs.
Neither Alibaba nor Baidu responded to requests for comment from Reuters.
In response to the report, NVIDIA said: “The competition has undeniably arrived … We’ll continue to work to earn the trust and support of mainstream developers everywhere.”
Although most companies still rely on NVIDIA chips for their most advanced systems, Beijing has made clear that it wants its local firms to reduce dependence on foreign suppliers by adopting domestic alternatives where feasible.
Regulatory pressure from Beijing
Compounding NVIDIA’s difficulties, China’s market regulator has accused the US chipmaker of violating anti-monopoly laws. The watchdog did not specify what conduct was under investigation, but said it will continue its probe.
NVIDIA refuted the allegations, stating that it has complied with Chinese law “in all respects” and pledging to cooperate with “all relevant government agencies.”
The company has been under scrutiny in China since December, when regulators launched an initial inquiry seen as a countermeasure in the wider semiconductor standoff with Washington.
NVIDIA CEO Jensen Huang said late last month that discussions with the White House over licensing a less advanced version of its next-generation chip for China “will take time.”
Separately, the company has reportedly struck a deal with US President Donald Trump to exchange 15 percent of its China sales revenue from H20 chips in return for export approvals.
Securities Disclosure: I, Giann Liguid, hold no direct investment interest in any company mentioned in this article.
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Coinbase Global (NASDAQ:COIN) said on Tuesday (September 16) that it is rolling out rewards on USD Coin (USDC) balances for Canadian users, offering returns of up to 4.5 percent
This marks the first time Canadians can automatically earn interest-like payouts simply by holding USDC on the platform. Coinbase customers in Canada will receive 4.1 percent annualized rewards on their USDC, paid weekly.
Members of Coinbase One, the company’s subscription service, can boost the rate to 4.5 percent on up to US$30,000 in holdings, while any amount above that earns the base 4.1 percent.
There are no lockups or opt-ins required, and users retain full access to withdraw or spend their USDC at any time.
USDC is a stablecoin that is pegged 1:1 to the US dollar and backed by reserves of cash and short-term US treasuries held with regulated institutions. Unlike volatile cryptocurrencies such as Bitcoin, stablecoins are designed to maintain price stability, making them more suitable for payments, savings and yield-generating products.
Angus Reid research conducted for Coinbase in August 2024 shows 83 percent of Canadians believe the global financial system needs an overhaul, while 91 percent think domestic banks prioritize profits over customers’ financial wellbeing.
Coinbase’s Canadian rollout builds on the company’s November 2024 introduction of USDC rewards through Coinbase Wallet, with a 4.7 percent annual yield offered to global users.
At the time, the company highlighted USDC’s utility in combining “the stability of the U.S. dollar with the power and speed of the internet,” enabling instant, borderless transactions.
“Along with earning rewards, you can send USDC on Base instantly and with zero fees,” Coinbase said when it launched the wallet-based program last year, noting that payouts would be deposited monthly into user accounts.
That feature was made available across most regions, including the US.
The wallet program also builds on another strategic advantage of stablecoins: cross-border efficiency. Transactions conducted on blockchain networks like Base, Coinbase’s Ethereum Layer 2 chain, are settled in real time, which means the fees and delays associated with traditional payment rails are sidestepped.
The Canadian launch arrives as stablecoins gain momentum in mainstream finance. Companies including Visa (NYSE:V), PayPal Holdings (NASDAQ:PYPL) and a growing number of fintech platforms have announced integrations in the past year, allowing users to pay, settle or transfer value using tokens like USDC and Tether’s USDT.
Coinbase is betting that frustration with legacy systems, combined with the appeal of higher yields and fast payments, will be enough to tip more users toward digital assets.
Securities Disclosure: I, Giann Liguid, hold no direct investment interest in any company mentioned in this article.
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Laramide Resources (TSX:LAM,ASX:LAM,OTCQX:LMRXF) announced that it has identified multiple target areas for a 15,000 meter drill program at its Chu-Sarysu project in Kazakhstan.
Uranium remains the company’s primary focus, but the asset is also prospective for rare earths and copper.
“This inaugural exploration program for Laramide in Kazakhstan is targeting high-grade, large-scale uranium deposits, amenable to cost-efficient and environmentally responsible in-situ recovery mining, and within a district that already hosts infrastructure and producing operations, which provides clear cost advantages,” said President and CEO Marc Henderson in a press release shared on Monday (September 15).
Situated in the Suzak District of the South Kazakhstan Oblast, Chu-Sarysu is located in one of Kazakhstan’s main uranium-producing basins. The country accounted for almost 40 percent of global U3O8 production in 2024, with the Chu-Sarsyu and neighboring Syr Darya basins contributing over 75 percent of the nation’s output.
Chu-Sasryu is Laramide’s only asset outside the US and Australia, and forms part of Laramide’s three year option agreement to acquire shares of Kazakh company Aral Resources. The agreement closed in December 2024, and Laramide has the option to acquire all of Aral’s shares and gain full ownership of the project.
As part of its efforts, Laramide has compiled a large dataset from Kazakhstan’s state National Geological Services with assistance from local geological contractors over the past year.
“We have found the Kazakhstan Government to be supportive of mineral exploration with policies that encourage foreign investment and streamline permitting,” Henderson added. “This creates a favourable environment for advancing new discoveries that can ultimately contribute to the growing global demand for nuclear fuel.”
Laramide submitted the required exploration work plans to Kazakhstan’s Ministry of Industry and Construction this year, and the remaining permits for drilling are currently being finalized.
Phase 1 of drilling is expected to begin toward the end of 2025.
Securities Disclosure: I, Gabrielle de la Cruz, hold no direct investment interest in any company mentioned in this article.
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Investor Insight
Green Technology Metals aims to build Ontario’s first integrated lithium business, developing two mining hubs and a downstream conversion facility to supply North America’s fast-growing EV and battery industry. The company’s approach is straightforward: bring Seymour into production, secure the downstream footprint at Thunder Bay with EcoPro, and then layer in Root as a long-life second feed. The plan is underpinned by offtake agreements, government funding and a management team with direct experience building lithium mines.
Overview
Green Technology Metals (ASX:GT1) is building Ontario, Canada’s first integrated lithium business, anchored by three upstream assets and a planned downstream conversion facility. The portfolio consists of the flagship Seymour project, the large-scale Root lithium project, and the Junior exploration project, which together provide a clear pipeline of feed into a proposed lithium hydroxide facility in Thunder Bay, Ontario.
The company is actively leveraging Canadian policy support for critical minerals development and supporting a growing number of EV and battery manufacturers in Ontario. The province’s Building More Mines Act, alongside several federal programs, is creating a supportive funding environment for new projects. GT1 has already received conditional approval for C$5.5 million from the Critical Minerals Innovation Fund (CMIF) to support road and infrastructure upgrades at Seymour. In addition, the company has received a letter of intent for a C$100-million project financing support from Export Development Canada, and has pending applications with SIF/NRCan and CMIF Round 2, including a C$5-million submission tied to the Root project. These mechanisms substantially de-risk the financing path and provide tangible momentum toward development.
The strategy is being executed in three phases. First, Seymour will be brought into production with a concentrator based on a dense media separation flowsheet, taking advantage of coarse spodumene mineralogy and proven metallurgical performance. Second, GT1 will construct the Thunder Bay lithium conversion facility in partnership with EcoPro Innovation, replicating proven hydrometallurgical technology to produce battery-grade lithium hydroxide. Finally, Root will be developed as the company’s second, larger mining hub, designed to provide long-life scale and additional feed into the Thunder Bay facility.
Pilot processing of 600 kg of Seymour concentrate produced exceptional overall recoveries averaging >94 percent.
Strategic partnerships reinforce this integrated model. LG Energy Solution has secured a binding offtake for a portion of Seymour’s concentrate production and has invested directly into GT1, providing early validation of the project’s place in the EV supply chain. EcoPro Innovation, as the company’s technical partner on the Thunder Bay facility, has already piloted Seymour concentrate into high-purity lithium hydroxide.
Company Highlights
- Integrated strategy in Ontario: The Seymour and Root projects form the foundation for a vertically integrated lithium business, supported by a proposed lithium hydroxide plant in Thunder Bay, Ontario, with rail, port, power, gas and water access.
- Marketing and offtake secured: LG Energy Solution has a binding offtake for 25 percent of Seymour concentrate and has invested directly into the company, demonstrating strong downstream demand.
- Strategic process partner: EcoPro Innovation is co-developing the conversion facility. Pilot work has already produced battery-grade lithium hydroxide with high recoveries.
- Government backing: GT1 has secured conditional approval for significant funding programs, including C$5.5 million for road upgrades, a C$100 million project financing support LOI from EDC, and additional CMIF and SIF applications.
- Resource base: A combined inventory of over 30 Mt @ ~1.2 percent lithium oxide across Seymour and Root, providing both near-term production and long-life scale.
- By-product upside: Seymour hosts a significant rubidium resource in mica streams that could be recovered alongside lithium, creating an additional revenue line.
Key Projects
Seymour Lithium Project
The Seymour lithium project, near Armstrong, Ontario, contains a total resource of 10.3 million tonnes (Mt) @ 1.03 percent lithium oxide, including 6.1 Mt indicated @ 1.25 percent lithium oxide. Mineralization is hosted in the North and South Aubry pegmatites, which remain open along strike and at depth. An optimized preliminary economic assessment (PEA) demonstrated strong project economics based on a DMS-only concentrator producing 130 ktpa. Key numbers include a C1 cash cost of US$680/t, an after-tax NPV of US$251 million, an IRR of 33 percent, and a three-and-a-half-year payback.
The project benefits from existing road and rail access, low strip ratios, and simple metallurgy with coarse spodumene that responds well to dense medium separation (DMS). Mining leases were granted in August 2025, the environmental assessment submission has been lodged, and the closure plan is nearing completion.
An offtake agreement with LG Energy Solution secures sales for 25 percent of initial concentrate production. Seymour also includes a maiden rubidium resource (8.3 Mt @ 0.27 percent rubidium oxide, with a 3.4 Mt high-grade core at 0.40 percent), which can be recovered from mica streams already separated in the flow sheet, creating potential for a by-product circuit.
Thunder Bay Lithium Conversion Facility
GT1 and EcoPro Innovation are developing a lithium hydroxide monohydrate facility in Thunder Bay. The selected site is fully serviced with rail access, 44 kV power, municipal water and gas, and port facilities. The plant will replicate EcoPro’s operating hydromet trains, with two parallel ~13 ktpa back-end lines designed to scale with Seymour and Root concentrate supply.
Pilot-scale processing of 600 kg of Seymour concentrate at EcoPro’s Pohang facility achieved battery-grade lithium hydroxide, meeting downstream specifications with >94 percent overall recovery. This demonstration significantly de-risks the conversion step and supports ongoing financing discussions with Invest Ontario, SIF and EDC. The project is being advanced through PFS-level engineering, with permitting and JV structuring underway.
Root Lithium Project
Located in Northwestern Ontario, Root is GT1’s scale project, hosting 14.6 Mt @ 1.21 percent lithium oxide (10.0 Mt Indicated @ 1.32 percent). The April 2025 optimized PEA outlined a combined open-pit and underground mining scenario producing ~213 ktpa. The project carries a C1 cost of ~US$677/t, an after-tax NPV of US$668 million, an IRR of 53.5 percent, and a three-year payback.
Root enjoys outstanding infrastructure advantages: road and rail access, proximity to port, and most critically, grid hydro power delivered by the Watay transmission line, reducing both operating costs and upfront capex for power infrastructure. Drilling has confirmed stacked pegmatite bodies that remain open along strike and down dip, leaving scope for significant resource expansion. A bulk sample has been completed, with further testwork and pilot runs at EcoPro planned. Permitting is in its early stages, with a PFS targeted for 2026 and potential construction by late 2027.
Junior Lithium Project
The Junior project is located near Seymour and contains three drill-ready targets. Its proximity to the planned Seymour concentrator makes it a strategic satellite project, with the potential to extend Seymour’s mine life and provide incremental feed. Drilling is expected to test these targets in upcoming campaigns, potentially increasing the overall feed available for the Seymour hub.
Management Team
John Young – Non-executive Chairman
John Young co-founded Pilbara Minerals and played a key role in transforming it into a multi-billion-dollar lithium producer. His background as a geologist spans more than three decades, with significant contributions across discovery, development and financing of lithium and gold projects. At GT1, Young provides strategic oversight and proven operational expertise to scale a lithium developer into a fully integrated producer.
Cameron Henry – Managing Director
Cameron Henry was appointed managing director in June 2024, stepping up from his earlier role as executive director. A founder and substantial shareholder of GT1, Henry has over 20 years’ experience in minerals processing and project delivery. Prior to GT1, he built Primero Group into a respected global leader in lithium infrastructure EPC, successfully executing major projects in Australia and globally. His role is to drive Seymour into production and to lead the execution of the Thunder Bay downstream strategy.
Patrick Murphy – Non-executive Director
Patrick Murphy brings nearly two decades of experience in resource sector investment and deal-making. He has held senior positions at Macquarie and AMCI Group, with expertise in capital deployment, project financing and strategic partnerships. His presence on GT1’s board ensures strong connectivity to the financial community and a disciplined approach to structuring project funding.
Robin Longley – Non-executive Director
With more than 30 years of experience in exploration and project evaluation, Robin Longley is a seasoned geologist who has led successful exploration and development programs across lithium, gold and other critical minerals in Australia, Canada and Africa. His practical technical knowledge and management experience strengthen GT1’s ability to evaluate and expand its Ontario portfolio.
Han Seung Cho – Non-executive Director
Representing EcoPro Innovation, Han Seung Cho serves as a direct link between GT1 and its strategic partner on the Thunder Bay conversion facility. As general manager of EcoPro’s strategic business team, he brings decades of experience in lithium procurement, downstream offtake structuring, and project development for LHM plants. His position ensures that GT1’s downstream ambitions remain closely aligned with end-user requirements in the battery sector.
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GBM Resources (ASX:GBZ) announced it has regained ownership of the Mount Coolon gold project in Queensland following Newmont’s (TSX:NEM,NYSE:NEM,ASX:NEM) termination of a 2022 farm-in agreement.
GBM made the deal with Newcrest Mining before that company was acquired by Newmont in 2023.
Newmont’s withdrawal is part of its focus on divesting non-core assets to hone in on its more profitable and stable tier one operations. The company has made substantial adjustments to its portfolio this year.
GBM reacted positively to Monday’s (September 15) news, saying that regaining full ownership of the project aligns with its strategy to build a leading gold portfolio in the Drummond Basin.
“We are excited to regain 100 percent ownership, and our exploration team are enthusiastic about getting on the ground as we see significant upside on the Mt Coolon Tenure,” commented CEO Daniel Hastings.
Located within the Drummond Basin and near GBM’s Twin Hills and Yandan projects, Mount Coolon has a JORC resource of 6.65 million tonnes at 1.54 grams per tonne gold for 330,000 ounces of the metal.
Together, Twin Hills and Yandan hold a total resource of 1.84 million ounces of gold.
“With Twin Hills and Yandan nearby, we now control a substantial area of highly prospective ground within the Drummond Basin which provides GBM with the scale and flexibility to unlock significant value,’ Hastings added.
Newmont also announced the sale of its Coffee project in Yukon, Canada, to Fuerte Metals (TSXV:FMT,OTCQB:FUEMF) on Monday for potential total consideration of US$150 million. The company said that sale was also part of its efforts to streamline its portfolio and sharpen its focus on core operations.
On September 10, Newmont said it plans to voluntarily delist from the Toronto Stock Exchange.
Securities Disclosure: I, Gabrielle de la Cruz, hold no direct investment interest in any company mentioned in this article.
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lobe sciences ltd. (CSE: LOBE,OTC:LOBEF) (OTCQB: LOBEF) (FSE: LOBE.F) (‘Lobe Sciences’ or the ‘Company’) a clinical stage biopharmaceutical company focused on developing products to treat diseases with significant unmet medical needs is pleased to announce its participation in the upcoming ArcStone-Kingswood Growth Summit in Toronto, taking place at the St. Regis Toronto on September 18, 2025. Dr. Frederick D Sancilio, CEO of lobe sciences ltd. will be presenting the company’s recent milestones and future growth strategy.
The ArcStone-Kingswood Growth Summit will be hosting over 20 companies and a curated group of investors for a full day of pre-arranged, targeted 1-on-1 meetings, panel discussions and networking opportunities.
Alongside the schedule of pre-booked meetings matching investors with appropriate projects, the conference program will provide amble opportunities to mix and mingle with the industry professionals and catch up on key industry developments.
Interested investors who would like to attend the ArcStone-Kingswood Growth Summit can register to request for a free invitation here.
About ArcStone Securities and Investments Corp.
ArcStone Securities and Investments Corp. is a diversified financial services firm with offices in Toronto and New York. Our firm specializes in providing bespoke solutions to mid-market companies worldwide, with a particular focus on cross-border transactions between Canada and the United States. Our partnership with Kingswood US enhances our ability to offer a full spectrum of financial services to our clients.
About Kingswood US
Kingswood US is a mid-market investment bank with a strong retail equity capital markets franchise and deep-rooted investment bank. The firm is dedicated to providing comprehensive financial services, including investment banking, wealth management, and capital raising, to clients across the United States.
About lobe sciences ltd.
Lobe Sciences Ltd. is a clinical stage biopharmaceutical company focused on developing novel therapies for rare neurological and hematological conditions. The company operates through two subsidiaries:
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Altemia, Inc. is addressing sickle cell disease with two complementary assets: a medical food currently in early-stage distribution, and S-100, a patent-pending therapeutic candidate designed to treat the underlying pathology of the disease.
Lobe’s pipeline is differentiated by intellectual property, clinical momentum, and a strategic focus on high-value, underserved markets.
For additional Information, please contact:
lobe sciences ltd.
info@lobesciences.com
www.lobesciences.com
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/265683
News Provided by Newsfile via QuoteMedia
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As the robotics industry prepares for significant technological advances in artificial intelligence (AI), it’s no surprise that the top robotics stocks are gaining attention.
Chief executive officer of Hangzhou Unitree Technology, Wang Xingxing, told the World Robots Conference in Beijing in August 2025 that the industry could be about one to three years away from a breakthrough comparable to the ChatGPT moment. He also expressed optimism about the future, predicting that at least one company might develop a general-purpose robotic AI model by the end of 2025.
While these transformative AI advancements promise to reshape robotics broadly, current market data shows that the automotive industry continues to drive a large share of robotics orders. However, according to data from the Association for Advancing Automation, rapid growth in demand from the food and consumer products and life science sectors was also notable in 2024.
Surgical robots are increasingly being used in a variety of surgery types, such as cardiac and spinal, allowing for better patient outcomes.
With technological breakthroughs just on the horizon and diverse sectors driving demand, now is an opportune moment to explore the top robotics stocks poised to capitalize on this rapidly evolving industry.
10 largest robotics stocks
This list of top robotics stocks by market cap was compiled using TradingView’s stock screener. All market cap and share price information was current as of September 3, 2025.
1. NVIDIA (NASDAQ:NVDA)
Share price: US$170.62
Market cap: US$4.15 trillion
NVIDIA’s robotics business has surged ahead in 2025 with major technology releases and expanding industry partnerships, establishing it as a core infrastructure provider for robotic intelligence. Its Jetson Thor platform offers 7.5 times more compute and 3.5 times greater energy efficiency than its predecessor.
The company is driving physical AI, the fourth wave of the AI revolution, through its Cosmos model, which allows developers to train robots for diverse scenarios, a critical component to advancing autonomous vehicles and humanoid robots.
2. Tesla (NASDAQ:TSLA)
Share price: US$334.09
Market cap: US$1.08 trillion
Tesla’s robotics business is becoming increasingly central to its CEO, Elon Musk, who claims its Optimus humanoid robot will eventually become the company’s core value driver. The company is focused on developing and scaling Optimus, although its goal of producing 5,000 in 2025 is reportedly behind schedule as of July. Tesla is aiming to produce 1 million units annually by 2030.
The long-term goal is to achieve fully autonomous robots that can be deployed across manufacturing, logistics, elder care and residences, which it detailed in its Master Plan IV released in early September.
3. Thermo Fisher Scientific (NYSE:TMO)
Share price: US$484.55
Market cap: US$182.97 billion
Thermo Fisher Scientific is a medical device company that is one of the world’s most respected brands in healthcare, scientific research, safety and education. Its products and services cover a broad range of high-end analytical instruments, chemistry and consumable supplies, automated laboratory robotics and software designed primarily for medical researchers, clinicians and scientists.
In June 2025, Thermo Fisher Scientific partnered with Cellular Origins, which owns the Constellation robotic manufacturing platform, to scale up late-stage trials and commercial production of cell and gene therapies.
Outside the life science sector, the company launched the Vulcan Automated Lab in early 2025, integrating robotic sample handling, AI and advanced electron microscopy to improve semiconductor development.
4. Qualcomm (NASDAQ:QCOM)
Share price: US$157.28
Market cap: US$169.71 billion
Qualcomm’s specialty is designing and manufacturing semiconductors, software and wireless telecommunications products. In recent years, the company has devoted attention to AI-related technologies such as on-device AI, edge cloud AI and technologies that combine 5G and AI. These technologies also underlie Qualcomm’s advancements in the robotics space.
Qualcomm’s Snapdragon platform is a high-performance, low-power system-on-a-chip designed for AI, 5G connectivity and real-time processing used in a variety of sectors, including in robotics.
The Qualcomm Robotics RB6 Platform supports next-generation robotics and intelligent machines. According to the company, some applications include autonomous mobile robots, delivery robots, highly automated manufacturing robots, urban air mobility aircrafts and autonomous defense solutions.
It also has the Flight RB5 5G platform that specifically targets autonomous drones and flying robots, integrating multiple sensors, multiple cameras, 5G and Wi-Fi 6 connectivity to enable advanced navigation and AI-driven control.
5. Boston Scientific (NYSE:BSX)
Share price: US$107.53
Market cap: US$159.33 billion
Boston Scientific is a medical device company leading in cardiac and electrophysiology robotics and advanced ablation systems.
Its OPAL HDx mapping systems allow physicians to precisely navigate within the heart through 3D mapping, position tracking and more. It employs the company’s FARAPULSE Pulsed Field Ablation system, which generated over US$1 billion in revenue in its first year and now holds expanded US Food and Drug Administration (FDA) approval for both pulmonary vein and posterior wall ablation.
Strategic acquisitions since 2024 include Silk Road Medical, Axonics, Bolt Medical and SoniVie, giving the company access to a wealth of product offerings to address patient needs and create new revenue streams.
6. Intuitive Surgical (NASDAQ:ISRG)
Share price: US$441.18
Market cap: US$158.15 billion
A leader in surgical robotics, Intuitive Surgical is the company behind the da Vinci minimally invasive surgical system. The original da Vinci system gained FDA approval in 2000, making it the first completely robotic surgical system to receive clearance from the FDA.
Intuitive Surgical now provides a suite of its da Vinci robotics-assisted surgical systems to doctors and hospitals, and they are used by surgeons across all 50 US states and 72 countries around the world.
New products, including the Ion robot for lung biopsies and the SureForm SP stapler, are experiencing unprecedented growth. Their AI-driven features contribute to reducing error rates and enhancing outcomes.
7. Stryker (NYSE:SYK)
Share price: US$388.56
Market cap: US$148.55 billion
Stryker is another leading medical technology company. It develops medical equipment, instruments and surgical robotics for healthcare systems worldwide. Its surgical robotics systems incorporate health data and AI to improve health outcomes for patients.
Stryker’s Mako 4 robotic arm system for assisted joint replacement surgery can be used in partial knee, total knee, hip and spine surgeries, and a version for shoulder surgeries was recently introduced. The company showcased an upgrade to its Mako Total Hip system during the American Academy of Orthopaedic Surgeons’ 2025 Annual Meeting in San Diego in March.
Stryker launched Ortho Q Guidance, its surgical guidance system for knee and hip procedures, in July 2023. The platform can be integrated into robotics technology.
8. Honeywell International (NASDAQ:HON)
Share price: US$214.00
Market cap: US$135.87 billion
Engineering and technology company Honeywell International develops and manufactures technological solutions for a variety of sectors, including energy, security, safety, productivity and global urbanization. Its four business divisions are: aerospace, building technologies, performance materials and technologies, and safety and productivity solutions.
For more than a quarter century, Honeywell’s smart robotics technologies, including autonomous mobile robots and order-picking AI-powered robots, have provided warehouse automation solutions targeting transport, order picking, palletizing and depalletizing.
In 2025, Honeywell announced a strategic partnership with Teradyne Robotics, a division of Teradyne (NASDAQ:TER), to deliver end-to-end automation solutions using Teradyne’s autonomous mobile robots and collaborative robots and Honeywell’s software.
9. Medtronic (NYSE:MDT)
Share price: US$92.25
Market cap: US$118.33 billion
Medtronic is one of the largest medical device manufacturing companies in the world. The firm’s technologies include cardiac devices, surgical robotics, insulin pumps, surgical tools and patient monitoring systems.
Medtronic’s Hugo robotic-assisted surgery system is a modular platform with four independent robotic arms, designed to improve precision, flexibility and surgeon ergonomics in minimally invasive soft tissue surgeries like urology and gynecology.
It features 3D high-definition visualization, advanced AI-powered analytics and an open console for better surgeon communication. Hugo offers a cost-effective and adaptable alternative to traditional systems and has been commercially used in North America since 2023.
10. Texas Instruments (NASDAQ:TXN)
Share price: US$195.74
Market cap: US$4.78 billion
Texas Instruments is a leading semiconductor manufacturer whose robotics business focuses on supplying high-precision analog chips, sensors, embedded processors and motor control solutions for industrial automation, factory robots, automotive robotics and smart devices.
Texas Instruments partnered with KUKA in April 2025 to jointly advance next-generation industrial robotics. The collaboration focuses on integrating TI’s precision analog sensors and real-time motor control chips into KUKA’s robot arms and automation platforms, resulting in safer, more energy-efficient and adaptive robots for smart factories and logistics.
FAQs for robotics stocks
What is robotics?
In simple terms, robotics is defined as the branch of technology that deals with the design, construction, operation and application of robots. The field has subsets such as automation and AI.
Both automation and robotics have been used interchangeably, but these terms have certain differences. Automation is the process of using technology to carry out specific tasks, and not all robots are designed for automation. That said, most robots are, especially those with industrial uses.
What are the five major fields of robotics?
The five major fields of robotics are: operator interface, mobility, manipulator and effectors, programming and sensing and perception.
Operator interface is better described as human-robot interface — it’s the means by which humans can communicate commands to a robot. This might be in the form of a touchscreen on a control panel.
Mobility refers to the ability of a robot to move in its environment, while manipulators and effectors allow the robot to interact with its environment. Think of an autonomous mobile robot moving around a warehouse to stack inventory on a pallet. For its part, programming involves the language used to communicate commands to the robot.
Meanwhile, sensing and perception allows the robot to acquire information about its environment and perform tasks based on that information. This is important for autonomous vehicle technology.
How can I invest in robotics?
For investors looking to enter the robotics sector, large companies like the ones listed above may be a good place to start. Those with a broader approach who would rather put their money into the sector as a whole rather than in a single company may want to consider exchange-traded funds focused on robotics.
Is Boston Dynamics public?
Boston Dynamics is a private mobile robotics engineering firm that specializes in building robots and software for human simulation. Originally part of the Massachusetts Institute of Technology, Boston Dynamics is held by Hyundai (80 percent) and Softbank Group (TSE:9984) (20 percent).
Can I buy stock in Miso Robotics?
Miso Robotics is a privately held company, which means it is not listed on any stock exchange. The company develops and manufactures AI-driven robots, including automatic fry cook Flippy, that help restaurants with food preparation.
Water, hygiene and infection prevention company Ecolab (NYSE:ECL) has partnered with Miso Robotics “to explore new opportunities to enhance food safety, hygiene, and efficiency in the food industry through automation and digital solutions.”
Securities Disclosure: I, Melissa Pistilli, hold no direct investment interest in any company mentioned in this article.
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Alice Queen (AQX:AU) has announced Alice Queen raises $1M via issue of Convertible Notes
Download the PDF here.
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