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The first missile in the U.S. arsenal used against Iranian targets in Saturday’s pre-dawn strike was the Tomahawk, a long-range cruise missile launched from Navy ships and submarines.

About half the length of a standard telephone pole, the Tomahawk flies at the speed of a commercial airliner and can carry a 1,000-pound warhead about the distance from Washington, D.C., to Miami.

Fired from destroyers or submarines positioned hundreds of miles away, the missiles allow a president to respond rapidly to a crisis without sending pilots into contested airspace or deploying ground forces. 

The Tomahawk has become a go-to option for limited military action because it offers precision and flexibility while keeping the U.S. footprint small. The missiles can hit fixed targets with high accuracy, reducing the risk of broader escalation. 

Presidents of both parties have used Tomahawks in the opening hours of military operations, from strikes in Iraq in the 1990s to more recent operations in Syria and elsewhere. 

Defense officials and military analysts say the weapon’s long range, reliability and relatively low risk to American personnel make it an attractive first strike option when the White House wants to send a message quickly but stop short of a wider war.

That combination of speed, distance and precision has kept the Tomahawk at the center of U.S. military planning for decades.

Manufactured by defense titan Raytheon — now RTX — the Tomahawk has been a mainstay of the Navy’s arsenal since the 1980s. It was first used in combat during the 1991 Gulf War and has since become a go-to option for presidents seeking to strike from long range without putting U.S. service members in harm’s way.

‘Year in and year out, administration in and administration out, it’s the long-range land attack cruise missile that presidents reach for first in a crisis,’ Thomas Karako, director of the Missile Defense Project at the Center for Strategic and International Studies, told Fox News Digital.

But heavy use has taken a toll. ‘We’ve been using them far more frequently than we’ve been producing them,’ Karako said.

Prior to Saturday’s operation, the missile was used in June 2025 during a U.S. strike on Iranian nuclear facilities.

Overall, the Tomahawk has been deployed more than 2,350 times.

At roughly $1.4 million apiece, the Tomahawk missile has an intermediate range of 800 to 1,553 miles and can be launched from more than 140 U.S. Navy ships and submarines. 

The Tomahawk strike was just one piece of a broader U.S. military posture in the region.

Ahead of the strikes, the U.S. military amassed what Trump previously called an ‘armada’ in Iran’s backyard. Mapped out across the Persian Gulf and beyond, the deployment tells its own story, one of calculated pressure backed by credible capability.

The deployment coincided with indirect negotiations between Washington and Tehran over Iran’s disputed nuclear program. Trump has warned that the regime must fully dismantle its nuclear infrastructure or face consequences.

At the center of the U.S. presence are two aircraft carrier strike groups — the USS Abraham Lincoln and USS Gerald R. Ford — each supported by guided-missile destroyers and cruisers and capable of sustained air and missile operations.

More than a dozen additional U.S. warships are also operating in the region in support roles, according to defense officials.

It was not immediately clear how or when Tehran might respond, though Iranian leaders have previously warned of retaliation in the event of direct U.S. military involvement.

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Democratic Reps. Ilhan Omar and Rashida Tlaib, both progressive ‘Squad’ members, lashed out at President Donald Trump on Saturday in response to his decision to strike Iran. 

‘Trump has launched an illegal regime change war,’ Omar posted on X. ‘As someone who has survived the horrors of war, I know military strikes will not make us safer; they will inflame tensions and push the region further into chaos.’

Omar, who fled Somalia as a refugee as a young child, added, ‘When we abandon diplomacy, we choose destruction.’

Tlaib reacted on social media to a clip of Trump acknowledging that there may be American casualties in this attack. 

‘He doesn’t care about our loved ones in the military,’ Tlaib posted on X in a message that was reposted by Omar. ‘He doesn’t care about the fact that Americans don’t want this war.’

‘He doesn’t care about the Iranian people. He is corrupted. Don’t fall for the lies.’

Democratic Rep. Alexandria Ocasio-Cortez of New York also slammed President Donald Trump for abandoning diplomacy in favor of launching an attack against Iran, predicting the outcome will be ‘catastrophic.’

‘The American people are once again dragged into a war they did not want by a president who does not care about the long-term consequences of his actions. This war is unlawful. It is unnecessary. And it will be catastrophic,’ Ocasio-Cortez said.

‘Just this week, Iran and the United States were negotiating key measures that could have staved off war. The President walked away from these discussions and chose war instead. President Trump flippantly acknowledged the possibility of American casualties, stating ‘that often happens in war,’’ she continued. ‘Mr. President: this was not an inevitability. This is a deliberate choice of aggression when diplomacy and security were within reach. Stop lying to the American people.

Democratic Rep. Greg Casar, another progressive House member associated with the informal ‘Squad’ group, called Trump’s actions an ‘illegal war’ in a post on X.

‘Yet again, an American president is sending other people’s kids to risk their lives in a senseless regime change war,’ Casar said. 

The U.S. and Israel launched the joint attack just after 9 a.m. local time in what the Pentagon has dubbed ‘Operation Epic Fury.’

In video remarks posted to Truth Social, Trump addressed the Iranian people directly and told them to ‘seize control of [their] destiny.’

‘The hour of your freedom is at hand. Stay sheltered. Don’t leave your home. It’s very dangerous outside. Bombs will be dropping everywhere. When we are finished, take over your government. It will be yours to take,’ Trump said. ‘This will be, probably, your only chance for generations. For many years, you have asked for America’s help, but you never got it. No President was willing to do what I am willing to do tonight. Now you have a President who is giving you what you want.’

While Trump focused some of his message on empowering the people of Iran, he stated that the intent of the operation is to ‘defend the American people by eliminating imminent threats from the Iranian regime,’ which he described as ‘vicious’ and ‘very hard, terrible people.’

Trump also said that while there may be American casualties as a result, the mission is ‘noble’ as it is aimed at stopping a ‘wicked, radical dictatorship’ from threatening American national security interests and destabilizing the Middle East.

Fox News Digital’s Michael Sinkewicz and Alex Nitzberg contributed to this report

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President Donald Trump spoke with Israeli Prime Minister Benjamin Netanyahu Saturday, after launching joint attacks on Iran, White House press secretary Karoline Leavitt said Saturday morning. 

‘President Trump monitored the situation overnight at Mar a Lago alongside members of his national security team,’ Leavitt posted to X on Saturday. ‘The President spoke with Prime Minister Netanyahu by phone.’ 

Trump announced in a Truth Social video message at 2:30 a.m. Eastern Standard Time that the strikes had been launched, and addressed the Iranian people directly, telling them to ‘seize control of (their) destiny.’ 

Leavitt continued on X that Secretary of State Marco Rubio provided congressional notification to the ‘Gang of Eight,’ which is a bipartisan group of top congressional intelligence leaders, and that administration security leader continue to monitor the situation. 

‘Prior to the attacks, Secretary Rubio called all members of the gang of eight to provide congressional notification, and he was able to reach and brief seven of the eight members. The President and his national security team will continue to closely monitor the situation throughout the day.

Gang of Eight Democrats have rebuked the operation, including Rep. Jim Himes, D-Conn., who serves as the ranking member of the House Intelligence Committee. 

‘Everything I have heard from the administration before and after these strikes on Iran confirms this is a war of choice with no strategic endgame,’ Himes wrote in a statement. ‘As I expressed to Secretary Rubio when he briefed the Gang of Eight, military action in this region almost never ends well for the United States, and conflict with Iran can easily spiral and escalate in ways we cannot anticipate. It does not appear that Donald Trump has learned the lessons of history.’ 

Tensions have been flaring with Iran for months. The U.S. launched a series of strikes on that nation’s nuclear program in June, before returning to the table for negotiations over the program. 

In the lead-up to Saturday’s strikes, Trump had warned that the regime needed to fully dismantle its nuclear infrastructure or face consequences.

Trump celebrated in his video message early Saturday morning directed at Iranians that the ‘hour of your freedom is at hand.’

‘Stay sheltered. Don’t leave your home. It’s very dangerous outside. Bombs will be dropping everywhere. When we are finished, take over your government. It will be yours to take,’ Trump said. ‘This will be, probably, your only chance for generations. For many years, you have asked for America’s help, but you never got it. No President was willing to do what I am willing to do tonight. Now you have a President who is giving you what you want.’

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Arab nations are sounding off against Iran after the regime launched strikes against U.S. interests in neighboring countries in the region in retaliation for U.S.-Israeli joint strikes against Iran’s leaders.

The Iranian response targeted all U.S. bases in the Gulf, except for U.S. bases in Oman, Fox News’ Jennifer Griffin reported, since the Omani foreign minister had tried to mediate the nuclear talks in Geneva, even flying to Washington, D.C., to meet Vice President JD Vance at the White House on Friday to try to avert what is quickly turning into a regional war.

Griffin reported that approximately 40 missiles had landed in Israel. Meanwhile, the U.S. military in Iraq intercepted at least one missile targeting U.S. facilities. Additionally, Iran appeared to hit the U.S. Navy’s Fifth Fleet, but no casualties were reported.

Iran also launched missiles at Saudi Arabia and Jordan, where the U.S. has squadrons of advanced fighter jets, Griffin reported.

Qatar, Saudi Arabia, Jordan and the United Arab Emirates were among the Gulf states that condemned the Iranian strikes, with many saying they reserve the right to defend themselves and respond accordingly to attacks on their sovereign territories.

Qatar’s Foreign Ministry said it reserves its ‘full right’ to defend itself after what it described as Iranian aggression targeting Qatari territory. Its Defense Ministry said it ‘successfully thwarted a number of attacks targeting the country’s territory’ after multiple rounds of alerts sounded. Authorities reported no immediate injuries or damage in residential areas.

Saudi Arabia’s Foreign Ministry said it affirmed ‘its full solidarity with and unwavering support for the brotherly countries’ and warned of ‘grave consequences resulting from the continued violation of states’ sovereignty and the principles of international law.’

The United Arab Emirates’ Ministry of Defense said the country ‘was subjected to a blatant attack involving Iranian ballistic missiles,’ adding that air defense systems ‘successfully intercepted a number of missiles.’ Authorities said falling debris in a residential area caused ‘one civilian death of an Asian nationality’ and material damage.

The ministry called the attack ‘a dangerous escalation and a cowardly act that threatens the safety of civilians and undermines stability,’ and stated the UAE ‘reserves its full right to respond.’

Jordan’s foreign minister wrote a series of posts on X, saying that King Abdullah II ‘condemns the attack on the territories of Jordan, and any attacks on Arab countries,’ expressing Jordan’s ‘solidarity with the brotherly Arab countries in confronting any aggressions that affect their sovereignty, security, and stability.’

Lebanon’s Ministry of Foreign Affairs said it also ‘strongly condemns the Iranian attacks,’ adding that it ‘affirms its full solidarity with these fellow Arab States and firmly rejects any violation of their sovereignty, any threat to their security, or any action undermining their stability.’

Meanwhile, the Omani Foreign Ministry condemned the U.S.-Israeli operation against Iran.

‘The Ministry of Foreign Affairs expresses the Sultanate of Oman’s profound regret over the military operations launched by Israel and the United States of America against the Islamic Republic of Iran, warning of the danger of the conflict expanding into consequences that cannot be rectified in the region,’ the Omani Foreign Ministry said in a statement, according to X’s translation.

‘The Sultanate of Oman considers this action to be in contravention of the rules of international law and the principle of resolving issues through peaceful means rather than hostile means, the shedding of blood, and calls on all parties to immediately suspend military operations, while urging the United Nations Security Council to convene an urgent meeting to impose a ceasefire and for the international community to take a clear stance in support of international law,’ it added.

Fox News Digital’s Efrat Lachter contributed to this report.

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Reza Pahlavi, the exiled crown prince of Iran, described the joint U.S.-Israeli attack on the country as promised ‘aid’ and an act of ‘humanitarian intervention’ by President Donald Trump.

Following the reported strikes, Pahlavi urged Iranians to abandon the regime and called on security forces to defect.

‘Moments of destiny lie ahead of us,’ Pahlavi wrote in a statement on social media. ‘Even with the arrival of this aid, the final victory will still be forged by our hands. It is we, the people of Iran, who will finish the job in this final battle. The time to return to the streets is near.’

Pahlavi declared that the Islamic Republic is collapsing.

He framed the reported strikes as assistance directed not at Iran itself, but at its ruling clerical establishment and urged the U.S. to ‘exercise the utmost caution’ to preserve civilian lives.

‘The aid that the President of the United States promised to the brave people of Iran has now arrived,’ Pahlavi wrote. ‘This is a humanitarian intervention; and its target is the Islamic Republic, its repressive apparatus, and its machinery of slaughter — not the country and great nation of Iran.’

Pahlavi issued a blunt warning to Iran’s military, police and security services, urging them to break ranks with Supreme Leader Ayatollah Ali Khamenei.

‘Now that the Islamic Republic is collapsing, my message to the country’s military, police, and security forces is clear: You have sworn an oath to protect Iran and the Iranian people — not the Islamic Republic and its leaders,’ he wrote.

‘Your duty is to defend the people, not a regime that has taken our homeland hostage through repression and crime. Join the people and help bring about a stable and secure transition. Otherwise, you will go down with Khamenei’s sinking ship and his regime.’

His appeal mirrored past opposition efforts to persuade Iran’s security forces to switch sides — a move that could determine whether protests spread or the regime tightens its grip.

While predicting imminent change, Pahlavi stopped short of urging immediate street demonstrations. He warned citizens to remain in their homes and stay vigilant so that when he announces an ‘appropriate time,’ Iranians can ‘return to the streets for the final action.’

‘We are very close to final victory,’ he wrote. ‘I want to be by your side as soon as possible so that together we can take back and rebuild Iran.’

He also indicated he would maintain communication even if authorities moved to restrict internet or satellite access — a tactic Iranian officials have used during prior waves of unrest.

Pahlavi thanked Trump for what he characterized as support while again urging caution to avoid civilian casualties.

‘I now ask you to exercise the utmost caution to preserve the lives of civilians and my compatriots,’ he wrote, adding that ‘the people of Iran are your natural allies and those of the free world.’

Pahlavi, the son of the late Shah Mohammad Reza Pahlavi, has lived in exile since the 1979 Islamic Revolution toppled Iran’s monarchy and established the Islamic Republic.

In recent years, he has sought to position himself as a unifying opposition figure during waves of anti-regime protests, including demonstrations sparked by economic turmoil and the death of Mahsa Amini in 2022.

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TORONTO, ON / ACCESS Newswire / February 27, 2026 / 55 North Mining Inc. (CSE:FFF,OTC:FFFNF)(FSE:6YF) (‘55 North‘ or the ‘Company‘) is pleased to announce that it has closed its previously announced non-brokered flow-through private placement (the ‘Private Placement’).

Pursuant to the Private Placement, the Company issued 1,702,800 flow-through common shares (‘FT Shares’) at a price of $0.745 per FT Share for aggregate gross proceeds of $1,268,586.02.

The FT Shares entitle the holder to receive the tax benefits applicable to flow-through shares in accordance with the provisions of the Income Tax Act (Canada). No warrants were issued in connection with the Private Placement. All securities issued pursuant to the Private Placement are subject to a four-month hold period in accordance with applicable securities laws.

The gross proceeds raised from the Private Placement will be used to incur eligible Canadian exploration expenses that qualify as ‘flow-through mining expenditures’ for purposes of the Income Tax Act (Canada), related to the exploration of the Company’s Last Hope Gold Project.

The Company further confirms that exploration drilling activities are underway, with one drill rig currently operating on the Last Hope Gold Project. A more detailed operational update will be provided in a subsequent news release.

About 55 North Mining Inc.

55 North Mining Inc. is a Canadian exploration and development company advancing its high-grade Last Hope Gold Project located in Manitoba, Canada.

FOR FURTHER INFORMATION, PLEASE CONTACT:

Mr. Bruce Reid
Chief Executive Officer
55 North Mining Inc.
Phone: 647-500-4495
bruce@mine2capital.ca

Mr. Vance Loeber
Corporate Development
Phone: 778-999-3530
cvl@tydewell.com

CAUTION REGARDING FORWARD-LOOKING INFORMATION

This news release of 55 North contains statements that constitute ‘forward-looking statements.’ Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the Company’s actual results, performance or achievements, or developments in the industry to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements.

SOURCE: 55 North Mining Inc

View the original press release on ACCESS Newswire

News Provided by ACCESS Newswire via QuoteMedia

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Statistics Canada released its December data for gross domestic product (GDP) by industry on Friday (February 27).

While overall GDP increased 0.2 percent, the figures showed a broad 0.9 percent decline in the mining, quarrying, and oil and gas extraction sector, reversing a 0.1 percent increase in November. In real dollars, the sector contributed C$119.62 billion in the month, just shy of C$120.76 billion in November.

The decrease was due to a 1.1 percent contraction in the oil and gas subsector and a 1.4 percent decline in the mining and quarrying subsector. However, the fall off was slightly offset by a 1.6 percent increase in sector support activities.

The Canadian reporting agency also released its annual mineral production survey on Wednesday (February 25).

The data showed that 2025’s production and shipment numbers increased nearly across the board for copper, silver and gold.

In terms of production, copper output climbed to 499,896 metric tons, beating the 444,587 metric tons in 2024. The quantity of silver produced also rose significantly to 356,052 kilograms in 2025 from 331,965 kilograms. Gold also increased, though narrowly, to 186,923 kilograms from 185,555 kilograms the previous year.

As for shipments, copper climbed to 480,100 metric tons from 437,861 metric tons in 2024, while silver shipments increased to 344,133 kilograms from 325,705 kilograms. Of the three metals, only gold saw a decline, with shipments falling slightly to 184,456 kilograms from 185,376 kilograms a year earlier.

Several other resources, including cobalt and nickel, also saw sizeable jumps last year.

For more on what’s moving markets this week, check out our top market news round-up.

Markets and commodities react

Canadian equity markets were positive this week.

The S&P/TSX Composite Index (INDEXTSI:OSPTX) gained 2.3 percent over the week to close Friday (February 27) at 34,339.99, while the S&P/TSX Venture Composite Index (INDEXTSI:JX) rose 8.4 percent to 1,107.60.

The CSE Composite Index (CSE:CSECOMP) gained 4.02 percent to 174.55.

The gold price gained 1.36 percent to close at US$5,261.19 per ounce on Friday at 4:00 p.m. EST. The silver price fared better, closing the week up 6.55 percent at US$93.66 on Friday.

In base metals, the Comex copper price recorded a 3.24 percent increase this week to US$6.05.

The S&P Goldman Sachs Commodities Index (INDEXSP:SPGSCI) was up 2 percent to end Friday at 610.89.

Top Canadian mining stocks this week

How did mining stocks perform against this backdrop?Take a look at this week’s five best-performing Canadian mining stocks below.

Stocks data for this article was retrieved at 4:00 p.m. EST on Friday using TradingView’s stock screener. Only companies trading on the TSX, TSXV and CSE with market caps greater than C$10 million are included. Mineral companies within the non-energy minerals, energy minerals, process industry and producer manufacturing sectors were considered.

1. Adex Mining (TSXV:ADE)

Weekly gain: 171.43 percent
Market cap: C$27.09 million
Share price: C$0.095

Adex Mining is an exploration company that holds a 100 percent stake in the Mount Pleasant project in Southwest New Brunswick, Canada. The property contains two main deposits: the Fire Tower zone, which hosts tungsten and molybdenum mineralization, and the North zone, which hosts tin, zinc and indium.

The asset consists of 102 mineral claims covering 1,600 hectares, as well as equipment and facilities from historic mining operations conducted by BHP (ASX:BHP,NYSE:BHP,LSE:BHP) between 1983 and 1985.

According to its most recent investor presentation released on June 11, the property hosts the world’s largest indium reserve and North America’s largest tin deposit. Indicated resources for the North zone demonstrate contained metal values of 47 million kilograms of tin, and 789,000 kilograms of indium from 12.4 million metric tons with average grades of 0.38 percent tin and 64 parts per million indium.

Adex Mining has not released news since it published its interim management discussion and analysis on November 18.

The increase in Adex’s share price this week comes ahead of the Prospectors and Developers Association of Canada convention, which is taking place in Toronto, Ontario, from March 1 to 4.

In a mid-February interview, New Brunswick Natural Resources Minister John Herron revealed that a deal “is due imminently with a well-known company in the Canadian mining community” for Adex’s Mount Pleasant project.

Additionally, he said the provincial government plans to introduce its new minerals strategy at PDAC on March 2. According to Herron, New Brunswick will adopt a one project, one process framework to quickly advance critical minerals projects.

2. US Copper (TSXV:USCU)

Weekly gain: 100 percent
Market cap: C$37.17 million
Share price: C$0.28

US Copper is an exploration company working to advance its Moonlight-Superior project in Northeast California, United States.

The project covers approximately 13 square miles of patented and unpatented federal mining claims in the Lights Creek Copper District, near the Nevada border.

A preliminary economic assessment released on January 6, 2025, demonstrated a post-tax net present value of US$1.08 billion with an internal rate of return of 23 percent and a payback period of 5.3 years, assuming a copper price of US$4.15 per pound.

The included mineral resource estimate shows a total indicated resource of 2.5 billion pounds of copper, 21.7 million ounces of silver and 140,042 ounces of gold from 402.83 million metric tons of ore with a grade of 0.31 percent copper, 1.85 parts per million (ppm) silver and 0.012 ppm gold. The majority is hosted at its Moonlight and Superior deposits.

The company has not released any news since December 15, when it announced that it had staked 54 additional claims, totalling 1,104 acres near Moonlight-Superior, that US Copper intends to use for the project’s infrastructure development.

The company also stated that it had begun metallurgical testing, which it expected to be completed in April 2026, with the release of partial results starting in February 2026.

3. Doubleview Gold (TSXV:DBG)

Weekly gain: 95.62 percent
Market cap: C$27.09 million
Share price: C$2.68

Doubleview Gold is an exploration company working to advance its Hat copper-gold project in Northwestern British Columbia, Canada.

The project is located within BC’s Golden Triangle, an area that hosts numerous active mines and development projects. The property consists of 19 mineral tenures covering an area of 18,000 hectares.

On February 25, Doubleview released an updated mineral resource estimate for its Hat project, reporting copper equivalent resources of 5.82 billion pounds in the measured and indicated categories and 4.57 billion pounds in the inferred category.

The measured and indicated resource includes 2.42 billion pounds of copper, 3.22 million ounces of gold, 80.1 million pounds of cobalt and 5.05 million ounces of silver from 609 million metric tons of ore with average grades of 0.21 percent copper, 0.18 grams per metric ton (g/t) gold, 0.008 percent cobalt and 0.38 g/t silver.

Additionally, the MRE reported a recoverable measured and indicated scandium oxide resource of 2,415 metric tons, grading 28.77 g/t.

Doubleview’s president and CEO stated that exploration of the property has increased the deposit’s size over the years, with it now covering an area of about 1.6 kilometers by 1.6 kilometers. He also noted that the company discovered additional elements within the deposit that it plans to unveil soon.

4. BP Silver (TSXV:BPAG)

Weekly gain: 62.16 percent
Market cap: C$35.9 million
Share price: C$1.20

BP Silver is an exploration company focused on its flagship Cosuño project in Bolivia.

The property covers approximately 3,375 hectares and hosts a 10.5 square kilometer alteration zone within an underexplored jurisdiction. To date, the company has identified four primary targets in the southern project area.

On February 27, the company announced assay results from the final eight holes of the 11 hole drill program at Cosuño.

Exploration encountered several zones of silver mineralization at the Pocañita Chica target. One hole delivered high grades of 600.4 g/t silver over 5 meters, which included an intersection of 1,655 g/t over 1 meter.

The company said it achieved its main goal of “confirming mineralization within the lithocap beneath surface geochemical anomalies,” which it said de-risks the project.

Additionally, BP Silver stated the drill program confirmed a silver and polymetallic mineralized system along a 2.7 kilometer long corridor that remains open in all directions.

5. Tsodilo Resources (TSXV:TSD)

Weekly gain: 61.29 percent
Market cap: C$21.75 million
Share price: C$0.25

Tsodilo Resources is a metals exploration company advancing its Gcwihaba polymetallic project in Northwest Botswana, which hosts the C26 and C27 rare earth skarn anomalies. It also owns the Xaudum iron formation project in the country.

At Gcwihaba, Tsodilo has identified a conceptual exploration target of skarn ore in the 81 million to 97 million metric ton range with grades of 0.05 and 1.49 percent total rare earth oxides (TREO).

The company originally identified the C26 and C27 targets through ground magnetic and gravity surveys, with drilling confirming mineralization at depths of 20 to 50 meters below surface.

Tsodilo plans to perform 15,000 meters of drilling in 2026, with a focus on defining high-grade REE zones, while also evaluating the system’s overall polymetallic potential.

The most recent news from the company came on February 2, when it reported that it had closed a C$742,095 private placement by issuing 4.95 million shares. Proceeds from the financing will be used to advance its projects in Botswana.

FAQs for Canadian mining stocks

What is the difference between the TSX and TSXV?

The TSX, or Toronto Stock Exchange, is used by senior companies with larger market caps, and the TSXV, or TSX Venture Exchange, is used by smaller-cap companies. Companies listed on the TSXV can graduate to the senior exchange.

How many mining companies are listed on the TSX and TSXV?

As of December 2025, 898 mining companies and 71 oil and gas companies are listed on the TSXV, combining for more than 60 percent of the 1,531 total companies listed on the exchange.

As for the TSX, it is home to 175 mining companies and 51 oil and gas companies. The exchange has 2,089 companies listed on it in total.

Together, the TSX and TSXV host around 40 percent of the world’s public mining companies.

How much does it cost to list on the TSXV?

There are a variety of different fees that companies must pay to list on the TSXV, and according to the exchange, they can vary based on the transaction’s nature and complexity. The listing fee alone will most likely cost between C$10,000 to C$70,000. Accounting and auditing fees could rack up between C$25,000 and C$100,000, while legal fees are expected to be over C$75,000 and an underwriters’ commission may hit up to 12 percent.

The exchange lists a handful of other fees and expenses companies can expect, including but not limited to security commission and transfer agency fees, investor relations costs and director and officer liability insurance.

These are all just for the initial listing, of course. There are ongoing expenses once companies are trading, such as sustaining fees and additional listing fees, plus the costs associated with filing regular reports.

How do you trade on the TSXV?

Investors can trade on the TSXV the way they would trade stocks on any exchange. This means they can use a stock broker or an individual investment account to buy and sell shares of TSXV-listed companies during the exchange’s trading hours.

Article by Dean Belder; FAQs by Lauren Kelly.

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

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

This post appeared first on investingnews.com

Technical analysts Kevin Wadsworth and Patrick Karim of NorthstarBadcharts.com share an update on the capital rotation process that they see unfolding, and explain what it means for precious metals, as well as the US stock market and Bitcoin.

They also talk about the opportunity they see in oil and how to get exposure to the market.

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

This post appeared first on investingnews.com

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

    Tariff concerns sent global stocks drifting on Monday (February 23), with US futures pointing lower at the start of the week even though the Nasdaq Composite (INDEXNASDAQ:.IXIC) ended a three week losing streak the previous week.

    Additionally, a Citrini Research report published on Sunday (February 22) projects that the dominance of artificial intelligence (AI) could lead to the collapse of the “human-centric consumer economy” and cause widespread unemployment, adding to the growing anxiety around AI-induced displacement.

    Markets had a subdued reaction to Anthropic’s announcement ⁠of 10 new AI tools on Tuesday (February 24), including plugins that could help with investment banking tasks, private equity engineering and design.

    Mohit Kumar, chief Europe economist at Jefferies Financial Group (NYSE:JEF), noted that, although AI disruption will remain a market theme for the foreseeable future, the company’s emphasis on “partnership rather than displacement” may have spurred a software sector rally in Tuesday afternoon trading.

    Also aiding the software recovery was a handful of experts pushing back against the Citrini report, including a response published by Citadel Securities’ Frank Flight, who said the thesis is far-fetched at best.

    On Wednesday (February 25), ahead of NVIDIA’s (NASDAQ:NVDA) much-anticipated earnings report, tech stocks boosted indexes in North America, Europe and Asia, with the S&P/TSX Composite Index (INDEXTSI:OSPTX) seeing advances in AI-related software and diversified tech amid positive quarterly reports from Canada’s main financial institutions; meanwhile, semiconductor companies led gains on Wall Street.

    While positive sentiment lifted Canada’s main index to a new record on Thursday (February 26), the US had a weaker session after investors were unimpressed with NVIDIA’S results.

    Although NVIDIA beat expectations, guidance shows deceleration. A 3.2 percent drop in the PHLX Semiconductor Sector (INDEXNASDAQ:SOX) index dragged the Nasdaq down to close 1.2 percent lower.

    Indexes in Canada and the US slipped on Friday (February 27) as renewed positive sentiment from earlier in the week ultimately gave way to concerns over AI-led disruptions.

    3 tech stocks moving markets this week

    1. NVIDIA (NASDAQ:NVDA)

    NVIDIA, which makes up almost 8 percent of the S&P 500 (INDEXSP:.INX), was up on Wednesday ahead of its Q4 earnings report, which showed US$68.1 billion in revenue, an increase of 73 percent. Net income was up 94 percent to US$42.9 billion, and the company generated US$96.6 billion in free cashflow for the year.

    The results exceeded analysts’ estimates, but shares were flat in after-hours trading, despite CEO Jensen Huang’s claim of “skyrocketing” AI agent adoption and sales growth of 78 percent for the current quarter.

    2. Salesforce (NYSE:CRM)

    Salesforce rose modestly intraday ahead of its Q4 earnings release on Wednesday, which showed revenue growth of 12 percent year-on-year, beating analysts’ estimates at US$11.2 billion. Full-year revenue was at US$41.5 billion, up 10 percent, with the company reporting remaining performance obligations of US$72.4 billion, a 14 percent increase.

    Annual recurring revenue from the company’s AI agent platform, Agentforce, led quarterly gains, reaching US$800 million, up 169 percent. Despite CEO Marc Benioff’s revenue projection of US$63 billion by the 2030 fiscal year, 2027 fiscal year guidance of US$45.8 billion to US$46.2 billion was below the consensus estimate of US$46.06 billion, which sent shares down around 5 percent in after-hours trading. The company also said it anticipates a slowdown in core business expansion, projecting organic growth of only 7 to 8 percent for the upcoming fiscal year.

    2. Dell Technologies (NYSE:DELL)

    Dell Technologies was trading higher ahead of its Q4 earnings. The firm delivered revenue of US$33.4 billion, beating estimates, and full-year revenue of a record US$113.5 billion.

    Sales of AI servers hit US$9.8 billion, up 100 percent year-on-year, with a US$64 billion AI pipeline and US$43 billion backlog. Earnings per share topped estimates of US$2.36, coming in at US$2.86.

    Momentum continued after hours following CEO Mike Dell’s comments on “skyrocketing” hyperscaler demand for AI infrastructure despite some margin pressure, with Dell’s share price soaring about 11 percent.

    Top tech news of the week

                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 1.83 percent, while the Invesco PHLX Semiconductor ETF (NASDAQ:SOXQ) advanced by 1.77 percent.

                The VanEck Semiconductor ETF (NASDAQ:SMH) also increased by 1.76 percent.

                Tech news to watch next week

                Next week there will be light earnings, with results expected from MongoDB (NASDAQ:MDB), Alibaba (NYSE:BABA) and Broadcom (NASDAQ:AVGO); however, macro data alongside speeches from US Federal Reserve presidents will dominate alongside tariff developments and AI CAPEX and inflation concerns.

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

                This post appeared first on investingnews.com

                Bold Ventures Inc. (TSXV: BOL,OTC:BVLDF) (the ‘Company’ or ‘Bold’) is pleased to provide an update on diamond drilling progress at its Burchell Base and Precious Metals Project, located 100 km west of Thunder Bay, Ontario. 4 holes totaling 669 meters have now been completed in the vicinity of the 111 Zone, where channel sampling results from last Fall were reported last December (see Bold news release dated December 2nd, 2025), and where one grab sample from December 2024 returned 68 gt Au (see Bold news release dated January 9th, 2025). 663 samples of drill core have now been submitted to the laboratory and results are pending. While awaiting results from this first phase of drilling, the drill has been moved to Bold’s Wilcorp property located approximately 13 km east of Atikokan, Ontario, and drilling has commenced there.

                Bold’s CEO David Graham, President and COO Bruce MacLachlan, and VP Exploration Coleman Robertson will be meeting with investors at booth #2610 at the Prospectors and Developers Association of Canada (PDAC) Mineral Exploration and Mining Convention in Toronto from March 1st to 4th, 2026. Coleman Robertson will be presenting at the PDAC Spotlight with a talk titled ‘From Burchell to the Ring of Fire,’ at 11:10 a.m. on Monday March 2nd in the Northern Lights Learning Hub, Level 300, Hall A of the North Building of the Metro Toronto Convention Centre. During PDAC Bruce MacLachlan will also be interviewed by the Northern Miner on March 1st, and by CEO.CA on Monday March 2nd.

                In continuing to build Bold’s name recognition and corporate message via video and digital media platforms, the Company will pay fees of $4,520 to the Northern Miner Group and $4,350 to CEO.CA for the interviews which will conclude at the end of the conference and will remain available for viewing at Bold’s website, www.boldventuresinc.com. The Northern Miner draws on 110 years of experience as the leading mining industry journal in Canada to cover the top developments and newsmakers around the globe. CEO.CA is a community for investors & traders in junior resource & venture stocks and is one of the most popular free financial websites and apps in Canada and for small-cap investors globally — with industry leading audience engagement and mobile functionality.

                The Company has registered for the Resourcing Tomorrow 2026 convention to be held from Dec. 1-3 2026 at the Business Design Centre in London, UK. To optimize that event and to build Bold’s name recognition and brand in the United Kingdom, Bold has signed a 12-month contract with The Armchair Trader (Armchair Trader Limited) based in the United Kingdom. The contract begins immediately and provides promotional services to Bold Ventures for a fee of $10,000.

                The Northern Miner Group, CEO.CA and Armchair Trader Limited are all arm’s length to the Company and do not have any interest, directly or indirectly, in the Company or its securities, or any right or intent to acquire such an interest.

                Ring of Fire News

                In other news, the Marten Falls Community Access Road project has moved to the public review stage. The road, which will provide year-round access to the community, is proposed to connect to a forestry road north of Aroland First Nation. The road is part of a broader plan to connect the Ring of Fire to Ontario’s highway network, which also includes the Northern Road Link and Webequie Supply Road projects. See links below:

                Marten Falls road project moves to public review stage – Northern Ontario Business

                Ontario First Nations complete fast-tracked assessments for Ring of Fire road | Globalnews.ca

                The proposed Eagle’s Nest mine in the Ring of Fire has also cleared another regulatory hurdle. The Federal government has decided not to designate the mine for impact assessment. See link below:
                https://globalnews.ca/news/11688531/ring-of-fire-northern-ontario/

                About Bold’s Koper Lake Project in the Ring of Fire

                The Koper Lake Project is a joint venture between Bold Ventures Inc. and Canada Chrome Corporation Inc. (CCC – formerly KWG Resources Inc.) where CCC is the Operator of the exploration effort.

                Bold holds a 10% carried interest (through to production) in the Black Horse Chromite deposit on the Koper Lake Project which hosts an NI 43-101 Inferred Resource of 85.9 Mt grading 34.5% Cr2O3 at a cut-off of 20% Cr2O3 (KWG Resources Inc., NI 43-101 Technical Report, Aubut 2015). Bold also holds a 40% working interest in all other metals found within the Koper Lake claims and has a Right of First Refusal on a 1% NSR covering all metals found within the claim group.

                The Black Horse is contiguous with the Blackbird Chromite deposits owned by Ring of Fire Metals (formerly Noront Resources Inc.). The Koper Lake claims are located approximately 300 m from the Eagle’s Nest Ni-Cu Massive Sulphide Deposit that is in the permit acquisition stage.

                Chromite, nickel and copper are critical minerals that will play an important role in the electrification plans of Ontario and North America. The Company is encouraged by these ongoing developments in this emerging critical mineral mining camp.

                The technical information in this news release was reviewed and approved by Coleman Robertson, B.Sc., P. Geo., the Company’s V.P. Exploration and a qualified person (QP) for the purposes of NI 43-101

                Bold Ventures management believes our suite of Battery, Critical and Precious Metals exploration projects are an ideal combination of exploration potential meeting future demand. Our target commodities are comprised of: Copper (Cu), Nickel (Ni), Lead (Pb), Zinc (Zn), Gold (Au), Silver (Ag), Platinum (Pt), Palladium (Pd) and Chromium (Cr). The Critical Metals list and a description of the Provincial and Federal electrification plans are posted on the Bold website here.

                About Bold Ventures Inc.

                The Company explores for Precious, Battery and Critical Metals in Canada. Bold is exploring properties located in active gold and battery metals camps in the Thunder Bay and Wawa regions of Ontario. Bold also holds significant assets located within and around the emerging multi-metals district dubbed the Ring of Fire region, located in the James Bay Lowlands of Northern Ontario.

                For additional information about Bold Ventures and our projects, please visit boldventuresinc.com or contact us at 416-864-1456 or email us at info@boldventuresinc.com.

                ‘Bruce A MacLachlan’ ‘David B Graham’
                Bruce MacLachlan David Graham
                President and COO CEO

                Direct line: (705) 266-0847 

                Email: bruce@boldventuresinc.com

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

                Cautionary Note Regarding Forward-Looking Statements: This Press Release contains forward-looking statements that involve risks and uncertainties, which may cause actual results to differ materially from the statements made. When used in this document, the words ‘may’, ‘would’, ‘could’, ‘will’, ‘intend’, ‘plan’, ‘anticipate’, ‘believe’, ‘estimate’, ‘expect’ and similar expressions are intended to identify forward-looking statements. Such statements reflect our current views with respect to future events and are subject to such risks and uncertainties. Many factors could cause our actual results to differ materially from the statements made, including those factors discussed in filings made by us with the Canadian securities regulatory authorities. Should one or more of these risks and uncertainties, such actual results of current exploration programs, the general risks associated with the mining industry, the price of gold and other metals, currency and interest rate fluctuations, increased competition and general economic and market factors, occur or should assumptions underlying the forward looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, or expected. We do not intend and do not assume any obligation to update these forward-looking statements, except as required by law. Shareholders are cautioned not to put undue reliance on such forward-looking statements.

                NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

                To view the source version of this press release, please visit https://www.newsfilecorp.com/release/285792

                News Provided by TMX Newsfile via QuoteMedia

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