Author

admin

Browsing

A lot has happened in the stock market since Liberation Day, keeping us on our toes. Volatility has declined significantly, stocks have bounced back from their April 7 low, and the economy has remained resilient.

If you’re still feeling uncertain, though, you’re not alone. The stock market’s in a bit of a “wait and see” mode, going through a period of consolidation as it figures out its next move. 

The S&P 500 ($SPX) is hesitating to hit 6000 despite reclaiming its 200-day simple moving average (SMA). This indecision can leave investors feeling stuck in “no man’s land.” And it’s not just the S&P 500, either; most major indexes are in a similar scenario, except for small caps, which have been left behind. This could be because the market has priced in a delay in interest rate cut expectations.

Tech Is Taking the Lead

If you drill down into the major indexes, there is some action you shouldn’t ignore. Tech stocks have started to take the lead again, although momentum has been lacking. Over the past month, the Technology sector has been up over 4%.

FIGURE 1. S&P SECTOR ETF PERFORMANCE OVER THE LAST 30 DAYS. Technology is the clear leader with a gain of over 4%.Image source: StockCharts.com. For educational purposes. It’s encouraging to see tech stocks regain their leadership position. Tech is a major force behind the S&P 500 and Nasdaq Composite ($COMPQ). The daily chart of the Technology Select Sector SPDR Fund (XLK) shows the ETF has been trying to break above a consolidation range it has been stuck in since mid-May.

FIGURE 2. DAILY CHART OF XLK. Although the ETF has barely broken above its consolidation range, we need to see greater momentum to confirm a follow through to the upside.Chart source: StockCharts.com. For educational purposes.Nothing is standing in the way of XLK reaching its all-time high, but the momentum isn’t quite there yet. The 14-period relative strength index (RSI) is below 70 and looks to be stalling, pretty much in line with the overall stock market’s price action.

So, what’s the market waiting for? Maybe a catalyst, like Friday’s non-farm payrolls report. This week’s JOLTS, ADP, and ISM Services data didn’t move the needle much, but the NFP report could be the game changer.

S&P 500 Technical Forecast

Where could the S&P 500 go from here? Let’s dive into the weekly chart.

FIGURE 3. WEEKLY CHART OF THE S&P 500. The index is spitting distance to its all-time high. A break above the November high would clear the path to new highs.Chart source: StockCharts.com. For educational purposes.

The S&P 500 broke above its 40-week SMA on the week of May 12 and has held above it. However, it has been in a consolidation for the last month, similar to that of XLK.

The S&P 500 is approaching its November high of 6017. A break above it could push it toward new highs. On the flip side, if it slides below the 40-week SMA, it would be a cause for concern and could mean the May 12 gap-up could get filled. Keep an eye on the 5688 level. If the S&P 500 pulls back close to that level and turns around, it would be a healthy correction — an opportunity to buy the dip. A further downside move would mean exercising patience or unloading some of your positions.

What’s Going On With Gold and Bonds?

While stocks are grinding sideways, gold prices are rising, and bond prices are showing green shoots. This price action tells us that investors could be bracing for slower growth ahead. It’s not something to panic about — just something to watch.

You can get a quick look at what gold, bonds, and all the major indexes are doing by checking out the StockCharts Market Summary page and Your Dashboard.

So, what should you do?

Hold, add, or fold? That’s the big question. The market needs time to digest a lot, from economic data to geopolitical risks and policy headlines. Keep checking in and monitor the sectors, observe index performance, and note how other areas of the market, such as precious metals and bonds, are reacting.


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

Infinity Lithium Corporation Limited (‘Infinity’, or ‘the Company’) is pleased to announce that it has engaged a drilling contractor and has committed to testing the exciting CST (Comstock) gold-silver prospect (the CST Prospect) within the Cobungra Project (EL 7073) in July. Cobungra is located within the Lachlan Fold Belt in NE Victoria and was recently acquired by Infinity from Highland Resources Limited (ASX announcement 31 March 2025) as part of the Company’s transition to a focus on precious metals in Australia.

KEY POINTS

  • Drilling contractor contracted, drilling set to commence early July.
  • Exploration will test high priority CST Prospect (gold-silver) at Cobungra.
  • Undrilled geophysical target with coincident high-grade gold rock chip samples.
  • Gold focus in Australia the immediate priority to enhance company value going forward.

Infinity has moved quickly to commit to drill testing its recently acquired gold-silver-copper Projects and expand its holding of high-grade gold exploration ground within the Victorian portion of the rich Lachlan Fold Belt (Figure 1).

CST Prospect, Cobungra Project

The CST Prospect is located along strike (approx. 2,000m) from the previously drilled (5 holes) Forsyth Prospect also located within EL7073 which returned high-grade gold and silver intercepts including 5.35m @ 4.7g/t gold (Au), 334 g/t silver (ag) from 143m (ASX release dated 31 March 2025). Gold and silver mineralisation at both the Forsyth and CST Prospects is interpreted to be related to the Ensay Shear which is a laterally continuous structure running NW-SE through the tenement. Along strike, approx. 5km to the SE, is the proximal to the +300,000 oz Au Cassilis gold deposit (319,500 oz Au deposit JORC 2012, ABA Resources https://www.abaresources.com.au/portfolio.php). The Company believes that the strike of the Ensay Shear is a prospective exploration horizon.

The CST Prospect (Comstock) is an obvious and exciting initial drilling priority as Infinity targets precious metals in Australia. The CST Prospect presents an excellent drill target based on some historic gold-silver workings with a programme of rock chip sampling and geophysical surveying (I.P) 2013-2014 identifying coincident anomalies. These will be drilled in a small, first-pass drill campaign (approximately 6 holes for 800m). The CST Prospect has never been drilled and this is a first pass drilling campaign designed to identify further priority targets and areas of geological interest.

There are at least seven quartz vein-type gold (silver) lodes distributed in the CST Prospect Mineral Occurrence, with traced length of 20m~80m and width of 0.1m~2.0m. These lodes are nearly parallel, strike NNE and dip to SEE at a dip angle of 65°~80° (Figure 2). These lodes are interpreted to be ‘tension gashes’ running oblique within the dominant NW-SE striking Ensay Shear.

Refer to ASX release 31 March 2025 “Infinity Acquires Gold Projects”. Infinity is not aware of any new information that materially affects the information included in this announcement

Click here for the full ASX Release

This post appeared first on investingnews.com

A nationwide coordinated crackdown on retail crime — what authorities are calling the first of its kind — led to hundreds of arrests in 28 states last week.

The blitz, led by Illinois’ Cook County regional organized crime task force, involved more than 100 jurisdictions and over 30 retailers including Home Depot, Macy’s, Target, Ulta Beauty, Walgreens, Kroger and Meijer.

“When you give specific focus to a crime, it reverberates,” Cook County Sheriff Tom Dart told CNBC. “When they see it is being prosecuted and taken seriously, it deters conduct. They don’t want to get caught.”

Organized retail crime — a type of shoplifting where groups of thieves work together in targeted operations to turn stolen goods into cash — has grown in scale and scope in recent years. CNBC previously reported on the extensive law enforcement efforts to take down retail crime organizations.

While aggregate numbers for retail theft are difficult to quantify, retailers reported 93% more shoplifting incidents on average in 2023 compared with 2019, according to a survey conducted by the National Retail Federation. Those surveyed also reported a 90% increase in the associated dollar losses over that same time period.

Some critics point to a lack of enforcement and felony thresholds for allowing criminals to continue committing theft. It’s something Cook County State’s Attorney Eileen O’Neill Burke has been focused on since taking office in December.

On her first day in office, O’Neill Burke said prosecutors would pursue felony retail theft charges in accordance with state law, when the value of the goods exceeds $300 or when the suspect already has a felony shoplifting conviction.

Before her taking office, retail theft felonies were charged only if the value of the stolen goods was $1,000 or more or if the suspect had 10 or more prior convictions.

Since Dec. 1, the Cook County State’s Attorney’s Office has filed charges in 1,450 felony retail theft cases, the office said.

The goals of the coordinated operation, O’Neill Burke told CNBC, is “to have one day where we focus and concentrate on [retail theft] and we share intelligence about it — about what we learned about the network, so that gives us more tools on how to take this network down.”

It was the coordination between law enforcement and prosecuting attorneys that got a number of the involved retailers to participate in the blitz.

“Collaboration is key to making a meaningful impact,” Ulta Beauty Senior Vice President of Loss Prevention Dan Petrousek told CNBC. “That’s why we were proud to participate in the National ORC Blitz alongside dedicated law enforcement and prosecutorial partners.”

Ulta Beauty had teams participating across nine states in last week’s operation, providing law enforcement with information on incidents of retail crime.

“Organized retail crime remains one of the most significant challenges in our industry,” said Marty Maloney, Walgreens director of media relations. “In this most recent operation we worked closely with law enforcement partners across nearly 20 cities and at over 40 locations to help curb this trend.”

A representative for Home Depot told CNBC that while overall theft is down, investigated incidents of organized retail crime are still up double digits year over year.

Now that the operation has concluded, the group is pulling together each jurisdictions’ observations and sharing data to continue to help crack down on retail theft.

Other participating retailers reached for comment by CNBC, including Macy’s, T.J. Maxx and Target, said they’re committed to partnering with law enforcement and pushing for stronger laws to combat retail crime.

California Highway Patrol arrests retail crime suspect in Long Beach, CA.Courtesy: California Highway Patrol.

This post appeared first on NBC NEWS

OpenAI on Wednesday announced that it now has 3 million paying business users, up from the 2 million it reported in February.

The San Francisco-based startup rocketed into the mainstream in late 2022 with its consumer-facing artificial intelligence chatbot ChatGPT, and began launching workplace-specific versions of the product the following year.

The 3 million users include ChatGPT Enterprise, ChatGPT Team and ChatGPT Edu customers, OpenAI said.

“There’s this really tight interconnect between the growth of ChatGPT as a consumer tool and its adoption in the enterprise and in businesses,” OpenAI’s chief operating officer Brad Lightcap told CNBC in an interview. The company supported 400 million weekly active users as of February.

OpenAI expects revenue of $12.7 billion this year, a source confirmed to CNBC. In September of last year, the company expected to see an annual loss of $5 billion on $3.7 billion in revenue, according to a person close to the company who asked not to be named because the financials are confidential.

Lightcap said OpenAI is seeing its business tools adopted across industries, including highly regulated sectors like financial services and health care. Companies including Lowe’s, Morgan Stanley and Uber are users, OpenAI said.

The company also announced new updates to its business offerings on Wednesday.

ChatGPT Team and ChatGPT Enterprise users can now access “connectors,” which will allow workers to pull data from third-party tools like Google Drive, Dropbox, SharePoint, Box and OneDrive without leaving ChatGPT. Additional deep research connectors are available in beta.

OpenAI launched another capability called “record mode” in ChatGPT, which allows users to record and transcribe their meetings. It’s initially available with audio only.

Record mode can assist with follow up after a meeting and integrates with internal information like documents and files, the company said. Users can also turn their recordings into documents through the company’s Canvas tool.

Lightcap said enterprise customers have been asking for updates like these, and that they will help make OpenAI’s workplace offerings more useful.

“It’s got to be able to do tasks for you, and to do that, it’s got to really have knowledge of everything going on around you and your work,” Lightcap said. “It can’t be the intern locked in a closet. It’s got to be able to see what you see.”

OpenAI said it has been signing up nine enterprises a week, and Lightcap said the company will try to sustain that pace over time.

“People are starting to really figure out that this is a part of the modern tool stack in the knowledge economy that we live in,” he said.

This post appeared first on NBC NEWS

In this video, Dave shares his weekly stock scan strategy used to identify bullish stock trends. He illustrates how to set up this powerful scan, reveals the tips and tricks he uses to identify the most constructive patterns, and explains the four winning chart setups that tend to come up week after week.

Whether you’re a beginner or seasoned trader, this guide will enhance your charting process and help you uncover winning trade setups using technical analysis.

This video originally premiered on June 3, 2025. Watch on StockCharts’ dedicated David Keller page!

Previously recorded videos from Dave are available at this link.

In this market update, Frank breaks down recent developments across the S&P 500, crypto markets, commodities, and international ETFs. He analyzes bullish and bearish chart patterns, identifies key RSI signals, and demonstrates how “Go No Go Charts” can support your technical analysis. You’ll also hear updates on Ethereum, Bitcoin, the Spain ETF, silver miners, USO (oil), and sector ETFs like XLP and XLV.

This video originally premiered on June 3, 2025.

You can view previously recorded videos from Frank and other industry experts at this link.

triumph gold Corp. (TSXV: TIG) (OTC Pink: TIGCF) (FSE: 8N6) (‘triumph gold’ or the ‘Company’) is pleased to announce the acquisition of the Coyote Knoll Silver (Ag Gold (Au) Property, located in central Utah, approximately 40 km southwest of the prolific Tintic Mining District (Figure 1).

triumph gold has entered into an agreement to purchase the Coyote Knoll Silver-Gold property for the sum of $150,000USD and the issuance of one million common shares of the Company. Prior to one year from the date of purchase, one million common shares shall be issued to the seller; prior to two years from the date of purchase one million common shares will be issued; prior to three years from the date of purchase one million common shares shall be issued to the seller. Before four years from the date of purchase a three million dollar payment in cash or shares will be made to the seller.

Highlights:

  • Approximately 2,600 metres of RC drilling have been completed, highlighted by 1,350.36 g/t Ag and 3.86 g/t Au over 3.00 metres in ATC-C6 (Table 1 & 2 and Figure 2)NI 43-101 Disclosure 1.
  • Historical rock samples returned silver and gold values, up to 6,730.00 g/t Ag and 23.30 g/t Au (Table 2)NI 43-101 Disclosure 2.
  • Two east-west parallel veins were identified through reverse circulation (RC) drilling and exposed during mining.
  • Recent surface sampling confirmed silver and gold mineralization, with grab samples returning up to 795 g/t Ag and 1.58 g/t Au (Table 4)NI 43-101 Disclosure 2.
  • In 2012, a 12-ton representative bulk sample returned an average grade of 43.60 oz/ton silver and 0.13 oz/ton goldNI 43-101 Disclosure 3.
  • In 1998 Phoenix Gold Resources shipped Coyote Knoll ore to Clifton Mining’s mill at Gold Hill where a 1,000 ounces of silver doré was producedNI 43-101 Disclosure 4.
  • A second mineralized structure, trending northwest-southeast, has been identified through surface sampling and RC drilling.

John Anderson, Chairman and CEO of triumph gold, stated:

‘The Coyote Knoll acquisition represents an exciting addition to our portfolio. Located in a mining-friendly and historically significant region, the property demonstrates high-grade silver mineralization and favorable geological features, similar to those found in the Tintic Mining District. With the confirmation of epithermal silver-gold mineralization and the potential for further discovery, we look forward to advancing exploration at Coyote Knoll.’

Figure 1. Coyote Knoll property location map.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5125/254408_c03b07c774e7e8a6_001full.jpg

Figure 2. Coyote Knoll drill and sample highlights.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5125/254408_c03b07c774e7e8a6_002full.jpg

Location and Geological Overview:

Coyote Knoll is located in central Utah, approximately 85 km south of Bingham Canyon Cu-Mo-Au Porphyry deposit and 40 km southwest of the city of Eureka. Eureka is historically associated with the Tintic Mining District, which has been a major producer of gold, silver, lead, and zinc from both epithermal and Carbonate Replacement Deposits (CRD). The Tintic District is known for its productive mining history and the potential for undiscovered porphyry systems.

Coyote Knoll was discovered in 1988, with subsequent exploration activities including mapping, trenching, rock sampling, and induced polarization and magnetic geophysical surveys. Follow-up work also included near-surface Reverse Circulation RC-drilling, totaling 2,606.96 metres across 33 drill holes. Highlights from historical drilling are summarized in Table 1 & 2, and surface samples are highlighted in Table 3. A 12-ton representative bulk sample was also mined from a shallow open pit, centered over the east-west (70°) trending mineralized structure. Silver and gold epithermal mineralization was exposed over approximately 60 metres within the open pit and has been delineated for 1.5 km through surface trenching, sampling, and shallow RC drilling (Figure 2).

Table 1. Historic RC drilling composite highlights

Hole-ID From (m) To (m) Interval (m) Ag g/t Au g/t
AT1-C6 54.10 57.10 3.00 1350.36 3.86
CK-10 68.60 74.70 6.10 114.84 0.12
AT1-C5 49.80 54.30 4.50 99.37 0.40
CK-1 27.40 32.00 4.60 68.89 0.09
CK-10 51.80 54.90 3.10 67.81 0.38
CK-10 61.00 64.00 3.00 38.50 0.08
CK-2 36.60 39.60 3.00 60.00 0.18
CK-2 53.30 57.90 4.60 39.04 0.09
CK-15 21.30 24.40 3.10 40.39 0.07

 

NI 43-101 Disclosure 1.

*Composites grades were calculated using Datashed software with >25 g/t Ag cutoff and

Table 2. Historical drill attributes for Table 1 highlights.

Hole-ID Easting Northing Elevation (m) Depth (m) Azimuth Dip
AT1-C5 367,889 4,408,432 1,622 76 -90
AT1-C6 367,897 4,408,436 1,621 75 -90
CK-1 367,904 4,408,411 1,613 80 170 -60
CK-2 367,910 4,408,421 1,616 87 -90
CK-10 367,951 4,408,442 1,624 110 -90

 

NI 43-101 Disclosure 1.

Two additional historical drill holes (CK-141. and CK-232.) have previously been reported to contain high gold values and are in proximity to the open pit. CK-14 has an intercept of 8.19g/t Au and 1,060g/t Ag over 1.52 m from 9.14 m downhole. CK-23 has an intercept of 2g/t Au and 814g/t Ag over 1.52 m from 45.72 m downhole.

  1. Freeport-McMoRan Gold Company, 1989-1990; Reverse Circulation Drill Hole CK-14; from NI 43-101 Technical Report on the Coyote Mine Project Juab County, Utah, USA, Arthur J. Mendenhall.
  2. Freeport-McMoRan Gold Company, 1989-1990; Reverse Circulation Drill Hole CK-23; from NI 43-101 Technical Report on the Coyote Mine Project Juab County, Utah, USA, Arthur J. Mendenhall.

Table 3. Historic rock sample highlights

Sample-ID Easting Northing Ag g/t Au g/t
CK-5 367,870 4,408,430 6730.00 23.30
54359 367,924 4,408,270 6687.08 26.37
CK-6 367,870 4,408,430 6490.00 13.10
CKRX-0001 367,928 4,408,377 5570.00 12.25
CK-3 367,870 4,408,430 2270.00 9.63
48396 367,884 4,408,389 1673.83 7.30
48395 367,933 4,408,423 1638.86 0.51
48382 367,927 4,408,360 1086.86 6.03
CK-4 367,870 4,408,430 979.00 14.05
48380 367,911 4,408,333 600.69 1.03
54354 367,858 4,408,379 370.97 0.31
56251 367,411 4,408,309 172.00 173.14
CKRX-0027 368,645 4,408,585 3.38 0.02

 

NI 43-101 Disclosure 2.

While Coyote Knoll is approximately 40 km southwest of the Tintic District the geological setting at Coyote Knoll exhibits similarities to the Tintic Mining District. Where precious metal epithermal veins at the Trixie Mine are formed within faulted quartzites and the Burgin and Tintic Standard mines are hosted in carbonate-rich stratigraphy forming CRD. During the March site visit, the Company also toured the high-grade Trixie Gold Mine to gain further insight into the regional geological setting of the Tintic Mining District. At Coyote Knoll, epithermal mineralization is located along the margin a large volcanic caldera hosting a granitic center. Veining crosscuts quartzite, carbonate-rich stratigraphy and volcanic flows. This provides an encouraging framework for the exploration of both epithermal veins and potential carbonate replacement mineralization at Coyote Knoll.

Fieldwork conducted during a March 2025 site visit confirmed the presence of epithermal-style mineralization with key geological features including:

  • Silica-flooded pebble clastic fault breccia (pebble dyke), jasperoid, and chalcedony vein infill hosted within faulted quartzite.
  • Mineralization consisted of native silver and silver sulphide ‘sulfosalt’ minerals.
  • Secondary northwest-trending epithermal veining represented by quartz-carbonate and jasperoid infill. This trend contains anomalous silver and elevated pathfinder elements such as arsenic (As), copper (Cu), lead (Pb), antimony (Sb), and zinc (Zn) (Table 4).

Table 4. Coyote Knoll grab sample results (March 2025 site visit)

Sample-ID Easting Northing Ag
g/t
Au
g/t
As
ppm
Cu
ppm
Pb
ppm
Sb
ppm
Zn
ppm
A001051 367,537 4,408,331 1.23 25.40 8.90 11.80 0.85 4.00
A001052 367,905 4,408,383 0.22 364.00 9.60 4.50 2.27 47.00
A001053 367,874 4,408,395 0.31 207.00 21.50 11.50 2.61 147.00
A001054 367,839 4,408,395 795.00 1.58 61.40 68.40 177.50 67.60 24.00
A001055 367,787 4,408,386 20.70 0.06 431.00 45.30 31.70 7.98 122.00
A001056 368,438 4,408,853 1.23 29.70 6.60 9.60 2.85 8.00
A001057 368,424 4,408,894 0.25 11.40 19.40 1.80 0.31 12.00
A001061 367,891 4,408,372 1.86 381.00 82.80 38.70 19.65 36.00
A001062 367,898 4,408,367 1.87 66.30 27.40 22.40 1.00 7.00

 

NI 43-101 Disclosure 2.

National Instrument 43-101 Disclosure

The technical content of this news release has been reviewed and approved by triumph gold’s Principal Geologist Marty Henning, P.Geo., a ‘Qualified Person’ as defined in National Instrument 43-101 – Standards of Disclosure for Mineral Projects of the Canadian Securities Administrators (‘NI 43-101’). He verified the data collected during the March 2025 site visit, including sampling, analytical and test data, and the underlying technical information in this news release.

The historical data presented in this release has not been verified for accuracy and reliability with the use of current quality assurance, quality control, or chain of custody standards current with NI 43-101 best practices. See the following disclaimers for additional details.

  1. The Company has not done sufficient work to classify the historical drilling information as current to NI 43-101 and is not treating the historical drilling disclosure as a current mineral estimate. Historical drilling database has not been verified for accuracy or quality. The reported historical values in this release require verification through additional exploration drilling, twinned holes will be used to verify style, grade and widths of mineralization.
  2. Grab samples are from select surface material and may not represent true underlying mineralization and drilling is required to confirm mineralization width and grade continuity below surface. Additional sampling is required to verify historical rock sample database.
  3. The 12-ton bulk sample reported in 2012 has not been verified for accuracy or quality control and therefore the reported tonnage and grades are not considered a 43-101 mineral resource estimate or a pre-feasibility study. Additional exploration drilling and metallurgical studies are required to verify tonnage and concentrations of silver and gold contained beneath the mined-out area. The bulk sample values are provided to illustrate the presence of surface mineralization.
  4. The 1,000 ounces of silver doré, produced in 1998 reported by Phoenix Gold Resources has not been verified. This information is not considered a mineral resource estimate as there were no reported head grades or tonnage provided. Additional drilling and metallurgical studies are required to verify width, strike and plunge of the surface mineralization reported from the open pit operation at Coyote Knoll. This bulk sample information is provided to illustrate the presence of surface mineralization.

Rock samples collected during the site were located using a handheld GPS, material was sealed in heavy poly ore sample bags with a representative sample retained for future inspection. Samples were placed into a 5-gal pail and shipped to ALS Vancouver for analyses. Samples were crushed, split and pulverized using PREP-31 specifications and analyses was completed using ME-GRA22 for Ag and Au as well as ME-MS41 for a multielement output utilizing an aqua regia digest, over limit elements (Ag, Cu and Pb) were analyzed using OG46.

About triumph gold Corp.

triumph gold is a Canadian based, growth-oriented exploration and development company with a district scale land package in mining friendly Yukon. Led by an experienced management and technical team, The Company is focused on actively advancing their flagship Freegold Mountain Project using multidiscipline exploration and evaluation techniques. The Company acknowledges the Freegold Mountain, Tad Toro and Big Creek properties are situated within the traditional territory of the Little Salmon Carmack and Selkirk Nations. triumph gold is committed to ongoing engagement with local communities through communication, environmental stewardship, and local employment.

The road-accessible Freegold Mountain Project, located in the Dawson Range Au-Cu Belt, is host to three NI 43-101 Mineral Deposits (Nucleus, Revenue, and Tinta Hill). The Project is 200 square kilometers and covers an extensive section of the Big Creek Fault Zone, a structure directly related to epithermal gold and silver mineralization as well as gold-rich porphyry copper mineralization.

The Company owns 100% of the Big Creek and Tad/Toro gold-silver-copper properties situated along strike of the Freegold Mountain Project within the Dawson Range.

The Company also owns 100% of the Andalusite Peak copper-gold property, situated 36 km southeast of Dease Lake within the Stikine Range in British Columbia. The Company acknowledges the Andalusite Peak property project is situated within the traditional territory of the Tahltan Nation. triumph gold is committed to ongoing engagement with local communities through communication, environmental stewardship, and local employment.

On behalf of the Board of Directors,

Signed ‘John Anderson’

John Anderson, Executive Chairman

For further information about triumph gold, please contact:

John Anderson, Executive Chairman
triumph gold Corp.
(604) 218-7400
janderson@triumphgoldcorp.com

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.

This news release contains forward-looking information, which involves known and unknown risks, uncertainties and other factors that may cause actual events to differ materially from current expectation. Important factors – including the availability of funds, the results of financing efforts, the completion of due diligence and the results of exploration activities – that could cause actual results to differ materially from the Company’s expectations are disclosed in the Company’s documents filed from time to time on SEDAR+ (see www.sedarplus.ca). Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The company disclaims any intention or obligation, except to the extent required by law, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/254408

News Provided by Newsfile via QuoteMedia

This post appeared first on investingnews.com

Shares of Dollar General jumped nearly 16% on Tuesday after the discounter raised its outlook, saying it drew more middle- and higher-income shoppers amid fears that higher tariffs would hurt consumer spending.

The Tennessee-based retailer beat quarterly expectations for revenue and earnings. The company said it now anticipates net sales will grow about 3.7% to 4.7%, compared to its previous expectation of about 3.4% to 4.4%. It expects diluted earnings per share to range from $5.20 to $5.80, compared to its prior outlook of approximately $5.10 to $5.80. Dollar General anticipates same-store sales will increase 1.5% to 2.5%, higher than its previous guidance of about 1.2% to 2.2%.

Here’s how the retailer did for the fiscal first quarter compared with Wall Street’s estimates, according to a survey of analysts by LSEG:

In the three-month period that ended May 2, Dollar General reported net income of $391.93 million, or $1.78 per share, compared with $363.32 million, or $1.65, in the year-ago quarter.

As of Tuesday’s close, shares of Dollar General have risen about 48% so far this year. That far exceeds the roughly 1% gains of the S&P 500 during the same period. Shares of the retailer closed at $112.57 on Tuesday, bringing Dollar General’s market value to $24.76 billion.

Dollar General’s first-quarter results — and its stock performance — stand out in a retail industry that is already taking a hit from President Donald Trump’s tariffs. Companies including Best Buy, Macy’s and Abercrombie & Fitch have cut their profit outlooks due to tariffs.

On an earnings call Tuesday, Dollar General CEO Todd Vasos said the company has worked to reduce its exposure to China — and limit price hikes for shoppers. He said the retailer has worked with vendors to cut costs, moved manufacturing to other countries and made changes to its products or swapped them out for other merchandise.

He said direct imports make up about a mid- to high single-digit percentage of its overall purchases and indirect imports are about double that.

“While the tariff landscape remains dynamic and uncertain, we expect tariffs to result in some price increases as a last resort, though, we intend to work to minimize them as much as possible,” he said.

CFO Kelly Dilts said on the company’s earnings call that full-year guidance assumes that Dollar General will be able to offset “a significant portion of the anticipated tariff impact on our gross margin, but also allows for some incremental pressure on consumer spending.”

Customer traffic dipped by 0.3% in the first quarter compared to the year-ago period, but shoppers spent more when they visited. The average transaction amount rose 2.7%, as sales in the food, seasonal, home and apparel categories all grew.

Vasos added tariffs have also increased U.S. consumers’ desire to find deep discounts. Vasos said the company’s first-quarter results reflect Dollar General’s gains from “customers across multiple income bands seeking value.”

He said store traffic and the company’s market research indicates that more middle- and higher-income customers have come to its stores more frequently and spent more when they visited.

“We are pleased to see this growth with a wide range of customers and are excited about our ongoing opportunity to grow [market] share with them,” he said.

Those gains have helped as Dollar General’s core customer “remains financially constrained,” Vasos said. According to a survey by the company, he said 25% of customers reported having less income than they did a year ago and almost 60% of core customers said “they felt the need to sacrifice on necessities in the coming year.”

Dollar General’s sales largely come from U.S. consumers who are on a tight budget. About 60% of the retailer’s sales come from households with an annual income of less than $30,000 per year, Vasos said last fall at a Goldman Sachs’ retail conference.

In addition to wooing value-conscious shoppers, Dollar General has tried to tackle company-specific problems that drew government scrutiny and tested customer loyalty. The discounter, which has more than 20,000 stores across the country, has paid steep fines to the Labor Department for workplace safety violations due to blocked fire exits and dangerous levels of clutter.

Vasos highlighted some of the ways that Dollar General has tried to improve the customer experience. Among them, it’s worked to reduce employee turnover, and it took about 1,000 individual items off its shelves so it can keep top-selling items in stock, he said.

Dollar General has launched its own home delivery service, which is now available at more than 3,000 stores. Its deliveries through DoorDash have grown, too, with sales up more than 50% year over year in the quarter.

Dollar General has also bulked up its merchandise categories outside of the food and snack aisles, adding more discretionary items like seasonal decor and home items.

Vasos said sales in those categories have also gotten a boost from middle- and higher-income customers shopping its stores.

Its newer store chain, Popshelf, sells mostly discretionary items and caters to consumers with higher household incomes than Dollar General’s typical shoppers. Vasos did not share a specific metric for the chain, but said Popshelf’s same-store sales delivered strong growth in the quarter. The company recently changed the store layout to emphasize toys, beauty and party candy.

This post appeared first on NBC NEWS