Wide Open Agriculture (WOA:AU) has announced Clarification to Offtake & Distribution Agreement
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Anteros Metals Inc. (CSE: ANT) (‘Anteros’ or the ‘Company’) is pleased to announce the identification of a near-surface, high-grade, critical-metal-bearing zone at its 100% owned, road-accessible Havens Steady VMS Property (‘Havens Steady’ or the ‘Property’) in central Newfoundland. AI-assisted 3D modelling of historical drill data has highlighted stacked lenses of zinc-lead-silver-copper mineralization near surface. This newly interpreted target area, termed the NHC Zone, remains largely untested by historical drilling and will be a key focus of upcoming exploration activities. Field validation and further targeting work are planned to support an inaugural mineral resource estimate for the Property.
Located approximately 40 kilometres southeast of Buchans and 17 kilometres from the past-producing Duck Pond Mine, Havens Steady hosts a laterally extensive polymetallic volcanogenic massive sulphide (‘VMS’) system. The latest modelling confirms a steeply southeast-dipping main mineralized zone (‘MMZ’) trending 057°, with over 700 metres of drilled strike and multiple open vectors along strike and at depth. Within the MMZ, a shallow, relatively high-grade zone is modelled to exist (Figure 1).
NHC TARGET HIGHLIGHTS:
- Shallow High-Grade Zone – A near-surface, high-grade target interpreted from historical data with limited prior drill testing (Table 1).
- Copper-Rich Feeder Zone – Historic drill intercepts, elevated Cu:Pb+Zn ratios, and silica-chlorite alteration suggest a potential vent-proximal feeder.
- Shallow Infill Potential – Gaps in historical drill coverage within the MMZ, particularly in areas with thin overburden, present cost-effective opportunities for delineating additional mineralization and supporting future resource evaluation.
- Improved Surface Access – Recent timber harvesting has improved access to multiple target areas, enabling inaugural trenching and low-cost grade verification in underexplored areas.
- Scalable System in a Proven Critical Mineral District – Havens Steady is situated within a critical mineral belt with strong regional analogues, including past-producing VMS mines.
Table 1: Historical intercepts1 of the NHC Zone
| Drill Hole | From (m) | To (m) | Int. (m) | Cu % | Pb % | Zn % | Ag g/t | Au g/t | ZnEq2 % |
| HS-88-03 | 182.00 | 250.00 | 68.00 | 0.09 | 0.55 | 1.45 | 11.80 | 0.20 | 3.04 |
| including | 182.40 | 185.00 | 2.60 | 0.91 | 1.32 | 6.44 | 45.68 | 1.99 | 17.35 |
| and | 191.00 | 192.00 | 1.00 | 0.30 | 3.56 | 5.98 | 32.50 | 0.55 | 11.79 |
| and | 199.70 | 201.00 | 1.30 | 0.20 | 3.56 | 4.52 | 37.80 | 0.27 | 9.39 |
| HS09-18 | 32.25 | 34.25 | 2.00 | 0.02 | 0.42 | 2.11 | 9.02 | 0.03 | 2.82 |
| HS09-18 | 66.30 | 68.30 | 2.00 | 0.10 | 0.21 | 2.26 | 12.65 | 0.11 | 3.45 |
| HS09-18 | 88.31 | 88.81 | 0.50 | 1.19 | 1.57 | 9.70 | 67.50 | 2.72 | 24.46 |
| HS09-18 | 92.30 | 100.14 | 7.84 | 0.86 | 1.68 | 3.64 | 26.22 | 0.86 | 10.78 |
| including | 97.42 | 100.14 | 2.72 | 2.10 | 3.60 | 6.17 | 56.42 | 1.82 | 22.25 |
| HS09-18 | 126.50 | 135.50 | 9.00 | 0.44 | 0.89 | 3.92 | 31.46 | 0.21 | 7.55 |
| HS09-18 | 153.90 | 165.20 | 11.30 | 0.08 | 0.62 | 2.18 | 19.06 | 0.08 | 3.69 |
| including | 158.30 | 161.30 | 3.00 | 0.02 | 1.07 | 3.93 | 24.8 | 0.05 | 5.63 |
| HS09-20 | 92.56 | 103.10 | 10.54 | 0.03 | 0.47 | 1.23 | 16.89 | 0.07 | 2.38 |
| including | 98.06 | 99.75 | 1.69 | 0.14 | 1.82 | 4.01 | 90.39 | 0.22 | 9.25 |
| HS09-20 | 116.30 | 125.55 | 9.25 | 0.11 | 0.63 | 1.76 | 25.25 | 0.04 | 3.47 |
| including | 123.05 | 124.55 | 1.50 | 0.16 | 0.89 | 3.29 | 42.83 | 0.07 | 6.00 |
| HS09-21 | 98.38 | 99.87 | 1.49 | 1.26 | 1.98 | 5.71 | 87.61 | 1.99 | 19.58 |
| HS09-21 | 133.77 | 159.15 | 25.38 | 0.10 | 0.52 | 1.78 | 13.74 | 0.09 | 3.14 |
| including | 142.61 | 146.61 | 4.00 | 0.09 | 1.54 | 3.24 | 27.90 | 0.20 | 5.98 |
1Drilled intercepts are historic and may not be representative of true width
2Zinc Equivalent (‘ZnEq’) calculated using US$4.25/lb Cu, $2500/oz Au, $30/oz Ag, $0.8/lb Pb, and $1.3/lb Zn, and assumes 100% recovery
Figure 1: 3D Model, looking southwest, showing the NHC Zone (red solid)
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/9885/250378_anteros.jpg
Anteros CEO Trumbull Fisher comments, ‘The identification of this shallow, high-grade zone adds meaningful scale and near-term potential to the Havens Steady Property. With surface access recently improved and multiple untested vectors emerging, we are well-positioned to advance this system toward resource definition.’
NEXT STEPS
Anteros plans to undertake field validation and surface mapping in Q2 2025, followed by refinement of drill targets for Phase I drilling, planned for Q3 2025. Priority targets include the NHC Zone and northeast extensions of the MMZ. The Property is fully permitted for diamond drilling, and the Company intends to leverage provincial critical mineral exploration grants to support 2025 work.
ELECTION OF DIRECTOR
In addition, the Company is pleased to announce that at its annual and special shareholder meeting held on April 30, 2025 (the ‘Meeting’), Ms. Emily Halle was elected as a new director of the Company. Ms. Halle is the Co-founder, Geologist, and Managing Director at Halle Geological Services Ltd, a comprehensive exploration management and consulting company since 2008.
Mr. Wesley Keats did not stand for re-election at the Meeting, however, Mr. Keats will remain an advisor to the Company. The Company would like to thank Mr. Keats for his contributions to the Company and wishes him success in his future endeavour.
In connection with the election of Ms. Halle as a director of the Company, Ms. Halle was granted 300,000 stock options to purchase common shares of the Company exercisable at a price of $0.10 per common share for a period of five (5) years. The common shares issuable upon exercise of the options are subject to a four month hold period from the original date of grant.
ABOUT THE PROPERTY
Havens Steady lies within the Storm Brook Formation of the Red Cross Group in the Exploits Subzone of the Dunnage Zone — a prolific metallogenic belt in central Newfoundland. The Property benefits from existing road infrastructure and proximity to hydroelectric power. The region hosts world class VMS deposits such as the past-producing Duck Pond Mine. The Company cautions that mineralization hosted on adjacent and/or nearby properties is not necessarily indicative of mineralization on the Property.
Since acquiring the Property in January 2024, Anteros has completed a comprehensive compilation of historical data, which includes airborne EM, geochemical surveys, and over 15,000 metres of historical drilling. Documented mineralization includes sphalerite, galena, chalcopyrite, and bornite in high-grade polymetallic zones. The known system has a strike length of over a kilometre and remains open at depth. Learn more: www.anterosmetals.com/havens-steady.
QUALIFIED PERSON
The technical content of this news release has been reviewed and approved by Jesse R. Halle, P.Geo., a Qualified Person as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects.
ABOUT Anteros Metals Inc.
Anteros is a multimineral junior mining company applying data science and geological expertise to identify and advance critical mineral opportunities in Newfoundland and Labrador. The Company is currently focused on advancing four key projects across diverse commodities and development horizons. Immediate plans for their flagship Knob Lake Property include bringing the historical Fe-Mn Mineral Resource Estimate into current status as well as commencing baseline environmental and feasibility studies.
For further information, please contact or visit:
Email: info@anterosmetals.com | Phone: +1-709-769-1151
Web: www.anterosmetals.com | Social: @anterosmetals
On behalf of the Board of Directors,
Chris Morrison
Director
Email: chris@anterosmetals.com | Phone: +1-709-725-6520
Web: www.anterosmetals.com/contact
16 Forest Road, Suite 200
St. John’s, NL, Canada
A1X 2B9
Cautionary Statement Regarding Forward-Looking Information
This news release may contain ‘forward-looking information’ and ‘forward-looking statements’ within the meaning of applicable Canadian securities legislation. All information contained herein that is not historical in nature may constitute forward-looking information. Forward-looking statements herein include but are not limited to statements relating to the prospects for development of the Company’s mineral properties, and are necessarily based upon a number of assumptions that, while considered reasonable by management, are inherently subject to business, market and economic risks, uncertainties and contingencies that may cause actual results, performance or achievements to be materially different from those expressed or implied by forward looking statements. Except as required by law, the Company disclaims any obligation to update or revise any forward-looking statements. Readers are cautioned not to put undue reliance on these forward-looking statements.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/250378
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Investors appear to be growing cautious about the Bitcoin rally, with the BTC inflow slowing down. The recent outflow in the US Spot Bitcoin ETF indicates a waning institutional interest, with many seeing it as a potential threat to the ongoing rally.
Will Bitcoin Rally Continue Amid Slowing BTC Inflow?
The US Bitcoin ETF inflow has slowed from its robust performance over the last eight days, Farside Investors data showed. From April 17-29, the BTC inflow totaled $3.93 billion, which has helped in a strong rally for the flagship crypto’s price, sending it to over $95K.
BlackRock BTC ETF Reigns Supreme
However, on April 30, the investment instruments recorded a combined outflow of $56.3 million. It’s worth noting that BlackRock IBIT has still recorded an inflow of $267 million on Thursday. Also, IBIT has consistently recorded inflows since April 14.
Meanwhile, the recent combined outflow indicates that the institutional interest is fading, which might add pressure on the crypto’s price. Besides, many are also questioning the potential of the Bitcoin rally ahead.
Bitcoin Rally To Sustain? Here’s What To Watch Next
Despite the slowdown in BTC inflow on Thursday, it appears that investors are still putting their bets on the asset. It also indicates that the traders are confident in the long-term potential of Bitcoin, betting on a continuing rally.
Notably, BTC price today was up over 1.3% and traded over $96,000 during writing. However, in the early US hours, the price dropped to $93,796 on Friday. Besides, the future open interest of the asset also rose by over 5%, reflecting the strong confidence of the traders.
What Lies Ahead?
According to CryptoQuant analyst Axel Adler Jr, Bitcoin’s on-chain momentum is gaining steam, with three possible scenarios shaping its next rally. The optimistic outlook predicts a price surge to $150-175K if the Ratio breaks above 1.0.
A base case scenario suggests consolidation between $90-110K, while a pessimistic outlook warns of a correction to $70-85K. With the Ratio currently at 0.8, the next six months will be crucial in determining Bitcoin’s trajectory.
Meanwhile, a recent BTC price prediction also showed that the crypto is likely to soar past the $100K mark this month. Considering all these, it appears that the Bitcoin rally may continue in the coming days, especially if the ETF inflow recovers to provide more support to the bullish momentum.
The post Is Bitcoin Rally Over Now As BTC Inflows Slow Down? appeared first on CoinGape.
Dankrad Feist has unveiled a massive scaling proposal for Ethereum to save the network from a steep decline. The researcher notes that an unconventional Ethereum Improvement Proposal (EIP) to increase the gas limit will be a lifeline for the beleaguered network.
Dankrad Feist Proposes Ethereum 100X Scaling Proposal
Ethereum developer Dankrad Feist has submitted EIP-7938 designed to increase Ethereum’s gas limit exponentially. According to the improvement proposal, the ambitious plan is seeking to increase the network’s capacity by 100-fold in a push over the next four years.
While the plan is an uphill climb, Dankrad Feist argues that EIP-7938 is a necessary for Ethereum’s survival over years. However, community members have poked holes in the proposal for being unconventional but Dankrad Feist says a 100X scaling for Ethereum is the solution to waning network activity.
“I do think it is time for being unconventional, because the current way of doing things is likely to make Ethereum irrelevant over the next 5-10 years,” said Feist.
Cardano founder Charles Hoskinson says Ethereum will fall within 15 years given its outdated tech and L2 fragmentation. Solana’s rise and glowing network activity have not only sparked speculation of a flippening but is stoking conversation of Ethereum’s incoming demise.
Here’s Why The Expert Is Defending The Massive Scaling Proposal
Apart from handing a lifeline to the network, Dankrad Feist notes that the 100X scaling proposal will be the strongest statement of intent for the network. For starters, the proposal offers strategic benefits to Layer 1 while preventing fragmentation of liqudity across several L2s.
Secondly, the expert argues that Ethereum can scale the L1 by 100X without losing its verifiability and censorship resistance perks. Finally, Feist committing to the scaling timeline will offer a range of benefits including the advantages of “working backwards from a goal” rather than sticking to small, incremental changes.
“Ethereum L1 is currently still the home for DeFi but this might not be true for much longer if we don’t start strongly supporting applications,” said Feist.
The developer warns that the final outlook might see some part of Ethereum look like Solana but he says comparison is “irrelevant.”
Firms like Galaxy Digital are offloading ETH for SOL given an underwhelming price performance for the largest altcoin. ETH price currently trades at $1,845 after a shoddy performance in Q1, sparking fears of a steeper drop below $1,000.
The Ethereum-to-Bitcoin ratio has sunk to its lowest level in five years with Taproot Wizard co-founder Eric Wall blaming the decline on rising competition and the failure of ETH to evolve as a “wartime asset.”
The post Dankrad Feist Warns Ethereum In Danger If It Fails To Scale 100X appeared first on CoinGape.
The Shiba Inu community is once again mirroring optimism amid a massive 3,800% burn rate recorded on Thursday. On-chain metrics have revealed that 284 million SHIB got destroyed in the last 24 hours, suggesting a bullish outlook for long-term price prospects. SHIB price is currently trading around the $0.000013 price level, with the crypto holding support at $0.000012.
Shiba Inu Burn Rate Soars 3900% As 284M Coins Destroyed
According to the official tracker Shibburn’s data on May 1, the Shiba Inu burn rate sky shot by a whopping 38299% in just 24 hours. As per the data, this massive surge came against the backdrop of 283.74 million tokens ditched from the supply intraday.
Primarily, the wallet address 0x6081258689a75d2…887239fe was reported to be responsible for the lion’s share in the burn upswing as it solely burnt 263.70 million SHIB over the past day. In the upshot, broader market sentiments about such massive burns remain bullish, given the law of supply and demand.
It’s notable that the SHIB burn mechanism permanently reduces the supply by sending tokens to a null address, making their retrieval impossible. In turn, the meme coin’s supply takes a severe hit, and long-term price prospects also reflect optimism.
SHIB Price Still Waning
However, despite the massive burn rate surge, SHIB coin’s price has prevented any major gains and continued its consolidation today2. At the time of reporting, the meme coin rested at $0.00001331, maintaining a trading session around the previous day’s levels.
Notably, the short-term impact of such massive burns is usually negligible, although historical data shows that it is bullish for long-term prospects. A total of 410.73 trillion tokens have been burnt to date, thanks to the Shiba Inu burn mechanism. Besides, 584.41 tokens are still left in circulation, per the tracker’s data.
A SHIB price prediction by CoinGape in the interim revealed that the meme coin eyes a price rally shortly ahead. This bullish projection rides the back of strong technicals and bullish on-chain metrics. Notably, the dog-themed crypto is currently in an accumulation zone and the next key level to watch is $0.00001364. Overall, broader market sentiments orbiting the meme coin remain bullish amid rising Shiba Inu burn rates and other bullish dynamics.
The post Shiba Inu Community Burns 284M Tokens In 24 Hours, What’s Happening? appeared first on CoinGape.
As the US economy and the crypto market face a severe downturn, Treasury Secretary Scott Bessent calls for an interest rate cut by the Federal Reserve. Pointing to falling bond yields and a decline in inflation from 2.8% to 2.4%, the Treasury Secretary drew the Fed’s attention to the immediate need for action.
If the Fed acts on Bessent’s recommendation and cuts interest rates, it could spark a bullish run in the crypto market. Polymarket odds suggest a 46% chance of a 25bps rate cut, with a 48% chance of no change.
Scott Bessent Urges Federal Reserve for Rate Cuts
According to a recent Reuters report, US Treasury Secretary Scott Bessent has called on the Federal Reserve to lessen interest rates in response to deteriorating economic conditions. Commenting on the matter, Scott Bessent stated, “We’re seeing that two-year rates are now below fed funds rates, so that’s a market signal that they think the Fed should be cutting.”
At the same time, the crypto market has also seen a severe downturn, with top cryptocurrencies like Bitcoin struggling to maintain momentum. However, the Fed’s potential dovish stance could result in a significant uptrend in the crypto market.
US Economy Shrinks: What’s Next for Crypto?
Reportedly, the US economy has shrunk significantly for the first time in three years, driven by President Donald Trump’s tariff announcements. Recent reports reveal that the US economy declined by about 0.3%, reversing the initial surge seen at the onset of 2025. Given the strong growth in the beginning, experts see this collapse as a surprising development.
The two-year Treasury bond yield, a key indicator of short-term government borrowing costs, has dropped to 3.59%, significantly below the Fed’s current interest rate range of 4.25%-4.5%. The inflation rate, measured by the PCE Price Index, decreased to 2.3% in March from the previous month’s 2.5%. The value increased by 2.6% year-over-year, down from February’s 3%.
Considering the crypto market, top assets traded in red for days following Trump’s tariff decisions. Though Trump’s threat to fire Fed Chair Jerome Powell sparked controversy, his urge for an interest rate reduction invoked optimism.
The post Crypto Market Eyes Rally Amid US Treasury Secretary’s Fed Rate Cut Call appeared first on CoinGape.
The crypto ETF industry is gaining high attention and momentum, beginning with the high inflows in the Bitcoin (BTC) exchange-traded fund. Although to this day, only two spot ETFs have been approved, more than 72, including XRP filings, await the U.S. Securities and Exchange Commission (SEC) approval. Let’s discuss what’s coming next.
There are 72 ETF filings for Crypto ETFs, with a decision due this year.
We are FAR from being done. pic.twitter.com/RREDBa1JS6
— THG (@CryptoTHG) April 23, 2025
Crypto ETF Delayed After SEC’s Review
The approval of BTC and ETH ETF opened the possibility of many others’ approval. However, despite the crypto ETF filing, the SEC decision on 72 filings remains under review. April was anticipated to bring better clarity from the SEC on some of these exchange-traded funds, like Franklin Templeton’s XRP spot ETF, but that has been postponed until June. Fidelity’s ETH ETF staking provisions also got delayed.
In a recent X post, a Bloomberg analyst anticipated further delay, claiming that this could extend till October 2025 or later. Experts claim a better response could come with Paul Atlins joining the SEC office fully before anticipating potential approval in Q3-Q4 2025.
We also had the SEC delay decisions on Ethereum Staking and Dogecoin ETFs today. I am expecting more delays today or at least this week on some Solana and Hedera/HBAR ETF filings. This is expected IMO. Final deadlines for most of this stuff is in October 2025 or later. https://t.co/kOZNCSjy6c
— James Seyffart (@JSeyff) April 29, 2025
BTC, ETH ETF Inflow Returns While XRP ETF Remains Stranded
Bitcoin ETF was the first to get the SEC’s approval in early 2024, gaining a total volume of $2.54 billion. The total asset management comes at $113.62 billion, with the total market cap of $112.33 billion. Due to its popularity, it pushed the Bitcoin price to new highs.
Although Ethereum ETF gained less popularity than the other, it is still in demand. Its market cap sits at $177.15 billion, with total volume of $177.15 million and total AUM of $8.69 billion, per Coinglass data. However, the crypto market crash amid the Trump trade war affected the performance of these exchange-traded funds, but they recovered recently.
CoinGape earlier reported that spot Bitcoin ETFs inflow stood at $591M and $172.8M on Monday and Tuesday, respectively. At the same time, ETH witnessed $35.81k and $10.23k, but more is anticipated with investors’ bullish sentiments.
What to Expect from Crypto ETF in May 2025?
In contrast to early anticipation, there’s not much new around crypto ETF in May 2025. However, the CME futures XRP ETF launch is set to happen on May 19. This could influence other updates on the matter, especially as Paul Atkins’ participation increases.
Besides, the SEC has shifted its regulatory stance on cryptocurrencies. As a result, some better updates on altcoin ETF approval can be anticipated for the upcoming months, but uncertainty remains. In case of already launched exchange-traded funds, better inflows may begin. This is due to financial market recovery amid Fed rate cuts and other macroeconomic events.
The post Crypto ETF: What To Expect from BTC, ETH, and XRP ETF in May 2025? appeared first on CoinGape.
Nvidia CEO Jensen Huang said on Wednesday that China is “not behind” in artificial intelligence, and that Huawei is “one of the most formidable technology companies in the world.”
Speaking to reporters at a tech conference in Washington, D.C., Huang said China may be “right behind” the U.S. for now, but it’s a narrow gap.
“We are very close,” he said. “Remember this is a long-time, infinite race.”
Nvidia has become key to the world economy over the past few years as it makes the chips powering the majority of recent advanced AI applications. The company faces growing hurdles in the U.S., including tariffs and a pending Biden-era regulation that would restrict the shipment of its most advanced AI chips to many countries around the world.
The Trump administration this month restricted the shipment of Nvidia’s H20 chips to China without a license. That technology, which is related to the Hopper chips used in the rest of the world, was developed to comply with previous U.S. export restrictions. Nvidia said it would take a $5.5 billion hit on the restriction.
Huawei, which is on a U.S. trade blacklist, is reportedly working on an AI chip of its own for Chinese customers.
“They’re incredible in computing and network tech, all these central capabilities to advance AI,” Huang said. “They have made enormous progress in the last several years.”
Nvidia has made the case that U.S. policy should focus on making its companies competitive, and that restricting chip sales to China and other countries threatens U.S. technology leadership.
Huang called again for the U.S. government to focus on AI policies that accelerate the technology’s development.
“This is an industry that we will have to compete for,” Huang said.
Trump on Wednesday called Huang “my friend Jensen,” cheering the company’s recent announcement that it planned to build $500 billion in AI infrastructure in the U.S. over the next five years.
Huang said he believes Nvidia will be able to manufacture its AI devices in the U.S. The company said earlier this month that it will assemble AI servers with its manufacturing partner Foxconn near Houston.
“With willpower and the resources of our country, I’m certain we can manufacture onshore,” Huang said.
Nvidia shares are down more than 20% this year, sliding along with the broader market, after almost tripling in value last year. The stock fell almost 3% on Wednesday.
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