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

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

Bitcoin and Ethereum price update

Bitcoin (BTC) was priced at US$103,027 as markets opened, up 1.3 percent in 24 hours. After breaking through the US$100,000 threshold Thursday (May 8) the digital asset has found support. The day’s range has seen a low of US$102,871 and a high of US$103,672.

Bitcoin performance, May 9, 2025.

Chart via TradingView.

Bitcoin’s recent price surge is driven by the US government’s decision to legalize strategic Bitcoin reserves—boosting investor confidence and signaling institutional backing—alongside growing global adoption supported by favorable regulations and broader acceptance across sectors.

Ethereum (ETH) started the trading day at US$2,220 and quickly rallied. The cryptocurrency reached an intraday low of US$1,792.06 and saw a daily high of US$2,415.

Altcoin price update

  • Solana (SOL) opened at US$169.63 up 4.57 percent over 24 hours. SOL experienced a low of US$151.51 and a high of US$171.39.
  • XRP was trading at US$2.33, reflecting a 5 percent increase over 24 hours. The cryptocurrency reached a daily high of US$2.36 midday.
  • Sui (SUI) was priced at US$3.80, showing an increaseof 0.50 percent over the past 24 hours. It achieved a daily low of US$3.36 and a high of US$3.92.
  • Cardano (ADA) is trading at US$0.7866, up 7 percent over the past 24 hours. Its lowest price of the day was US$0.71, and it reached a high of US$0.79.

Today’s crypto news to know

Bitcoin surges past $100,000 amid trade optimism and institutional inflows

Bitcoin (BTC) has reclaimed the US$100,000 mark for the first time since February, driven by optimism surrounding a new US-UK trade deal and significant institutional investments. On May 8, US Bitcoin ETFs saw net inflows totaling US$117.4 million, with BlackRock’s IBIT and Fidelity’s FBTC leading the gains.

Additionally, the Federal Reserve’s decision to hold interest rates steady has bolstered investor confidence in crypto markets.

Coinbase acquires Deribit in landmark US$2.9 billion crypto derivatives deal

Coinbase has announced its acquisition of Deribit, a leading crypto derivatives exchange, for $2.9 billion—the largest deal in the crypto industry to date. This strategic move positions Coinbase to expand its offerings in the crypto options market, catering to the growing demand for advanced trading products.

The acquisition includes US$700 million in cash and 11 million shares of Coinbase Class A common stock. Deribit, which processed US$1.2 trillion in trading volume last year, controls approximately 85 percent of the global crypto options market.

This deal is expected to enhance Coinbase’s presence in the international derivatives market and diversify its revenue streams.

Analysts view the acquisition as a significant step for Coinbase to compete with other major exchanges like Binance and Kraken in the derivatives space. The transaction is subject to regulatory approvals and is anticipated to close later this year. Until then, Deribit will continue its operations as usual.

Celsius founder sentenced to 12 years for crypto fraud

Alex Mashinsky, founder and former CEO of Celsius Network, has been sentenced to 12 years in federal prison for defrauding customers and manipulating the price of the company’s CEL token.

Between 2018 and 2022, Mashinsky misled investors about the safety of their funds, using customer deposits to inflate CEL’s value and personally profiting over US$48 million. Celsius, which once managed over US$25 billion in assets, collapsed in 2022 amid a broader crypto market downturn, leaving thousands of users unable to access their funds.

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

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

This post appeared first on investingnews.com

Michael Saylor’s MicroStrategy has been a trailblazer in institutional Bitcoin adoption, with its aggressive accumulation strategy serving as a model for many other companies. In a surprising revelation, Coinbase CEO Brian Armstrong disclosed that the company had initially considered emulating MicroStrategy’s Bitcoin investment strategy, only to reject it in favor of a more cautious approach.

One of the prime reasons for Coinbase’s rejection of MicroStrategy’s investment approach was its perceived riskiness. “We made a conscious choice about risk,” stated Armstrong.

Coinbase Rejects MicroStrategy’s Bitcoin Buying Scheme

Coinbase, a top crypto exchange, initially thought of embracing the investment strategies of Michael Saylor’s MicroStrategy, one of the largest holders of Bitcoin. “There were definitely moments over the last 12 years where we thought, man, should we put 80% of our balance sheet into crypto — into Bitcoin specifically,” stated Brian Armstrong.

However, the exchange chose not to follow the scheme, later acknowledging its risky factor. Armstrong disclosed that the company had plans to allocate up to 80% of its balance sheet to Bitcoin but chose not to, fearing it could have jeopardized the firm’s financial stability as a startup. A recent Bloomberg report revealed Coinbase’s bold decision, while the rest of the world praises MicroStrategy.

Reportedly, Coinbase holds a significant amount of cryptocurrency, mostly Bitcoin. The exchange bought $153 million worth of crypto in the first quarter and currently holds $1.3 billion worth of crypto. CFO Alesia Haas posited that the company aims to grow its crypto holdings while avoiding competition with its customers. He stated, “Rest assured, we are not stopping there.”

Bitcoin-Centric Companies Rise

In contrast to Coinbase’s viewpoint, several companies are embracing MicroStrategy’s Bitcoin accumulation strategy. One such prime example is Japan’s Metaplanet, often known as Asia’s MicroStrategy. Recently, Blockstream CEO Adam Back revealed that Metaplanet has flipped MicroStrategy by generating more returns from BTC.

In addition, several Bitcoin miners and small-cap firms adopt MicroStrategy’s Bitcoin investment approach, which includes funding purchases through stock and debt sales. This trend has significantly contributed to the rising adoption of Bitcoin, which, in turn, boosts the BTC price.

The post Coinbase Is Betting Against Michael Saylor’s Bitcoin Playbook; Here’s Why appeared first on CoinGape.

The crypto price prediction today, May 10, suggests that most coins are facing a volatile weekend after trade talks between China and the US commenced, with many traders on the sidelines anticipating whether prices will extend their gains or cool off. Much attention is going towards top meme coins like Dogecoin (DOGE), Bonk Coin (BONK), and Floki Inu (FLOKI) that are outperforming the market to determine whether they will sustain their respective price rallies.

Crypto Market Extends Gains Amid US-China Trade Talks

The crypto price prediction today flashes bullish signs as US and Chinese officials meet in Geneva as trade talks kick off discuss tariffs. The two countries have been locked in a trade war for months, which caused notable dips across risk assets like crypto and stocks last month.

Earlier on, the US Commerce Secretary, Howard Lutnick, had said that there were zero chances that the tariffs currently imposed gainst Chinese products will be paused. The official further admitted to a lack of certainty about how long the discussions were going to last.

However, the fact that the two countries are meeting for the first time is fuelling optimism among traders, with many speculating whether crypto assets will extend their price gains and whether the bullish prediction shared by analysts over the past week will play out.

Crypto Price Prediction – Will DOGE, BONK, FLOKI Sustain Gains?

With crypto traders closely watching for the outcome of these trade talks, three top meme coins are standing out and have a bullish technical outlook that will determine whether their price rallies will continue or grow weak. These coins include DOGE, BONK, and FLOKI, which have registered double-digit percentage gains in the last week.

DOGE Price Explodes 12% as Bulls Eye $0.43

Dogecoin (DOGE) price is making impressive gains considering that it ranks as the top gainer among the top ten biggest cryptos at press time. The Dogecoin price prediction is also bullish after it formed a bullish head and shoulders pattern on the daily chart and broke out of an upward sloping resistance. This breakout suggests DOGE price may surge by 42% to $0.43 in the near term.

DOGE/USDT: 1-day Chart

BONK Price Targets $0.00004 as Bottom Pattern Emerges

The one-day chart also shows that the price of BONK may be close to a rally to $0.00004 in the near term after it formed a bullish pattern, specifically a double bottom. BONK has also turned the double-bottom’s resistance into support as the DMI index and the ADX line support a bullish prediction for the crypto token’s price. As bullish factors align, BONK has the potential to surge to as high as $0.000040 in the near term.

BONK/USDT: 1-day Chart

FLOKI Price Tests 200-day EMA Resistance as More Gains Loom

FLOKI price is testing resistance at the 200-day EMA level on its daily chart, and if it can successfully record a decisive close above it, it will confirm that the long-term trend has changed to bullish. This meme coin has also been trading within an ascending parallel channel, and if it can overcome resistance at the upper trendline, it will show a bullish Floki Inu Price prediction that may clear the path for a run-up to January highs of $0.000020.

FLOKI/USDT: 1-day Chart

Therefore, with the ongoing Geneva trade talks between the US and China hanging over the crypto market, DOGE, BONK, and FLOKI prices may record an increase in volatility. However, the technical outlook shows these coins are likely to sustain their recent gains as the talks occur at a time when the overall crypto price prediction is bullish due to positive economic factors.

The post Crypto Price Prediction: Will DOGE, BONK, FLOKI Sustain Rally as US-China Trade Talks Kick-Off appeared first on CoinGape.

Robert Kiyosaki has once again slammed fiat currencies by calling them “fake money” and warning users to move to decentralized assets like Bitcoin, gold, and silver. He shared this message in a post early Saturday, citing former Congressman Ron Paul.

Kiyosaki highlighted Paul’s warning that central banks “fix prices” through interest rate control. He criticized the move, labeling it Marxist central planning, and argued that such systems aim to confiscate wealth and undermine individual liberties.

Robert Kiyosaki Echoes Hard Money Movement

In the tweet, Robert Kiyosaki aligned himself with libertarian voices who oppose central banking. He claimed fake money leads to dishonest systems, including fake accounting, fake statistics, and fake leadership.

He urged his followers not to save or earn in fiat money. Instead, Kiyosaki told them to protect their future by adopting real assets. 

“Get on your own decentralized gold, silver, and Bitcoin standard.”

This stance follows Kiyosaki’s long-standing support of Bitcoin as “people’s money.” He often promotes it as protection against inflation and government overreach.

Freedom, Finance, and the Fed

Kiyosaki warned that central bank policies push society toward socialism and corruption. He claimed these systems are designed to control people by controlling money.

“Don’t be a loser,” he wrote. “Don’t let left-wing academic socialists win. Fight back.”

While critics say Kiyosaki’s tone is alarmist, his message reflects growing support for Bitcoin among financial skeptics. 

Most financial experts are speculating about how much the Bitcoin price will appreciate. Prominent individuals such as Arthur Hayes and Robert Kiyosaki are forecasting BTC to reach $1 million in the not-so-distant future. Such lofty forecasts are coming as concerns grow about economic stability worldwide in the ongoing U.S.-China war. 

And it looks like the U.S. regulators have also started to listen as Robert Kiyosaki pushes for sound money and decentralized finance. For instance, the Federal Reserve just removed strict rules on crypto banking, which also opens the door for wider adoption.

The post Robert Kiyosaki Warns Investors to Get Into Bitcoin, Dump ‘Fake Money’ appeared first on CoinGape.

Telegram NFT Marketplace:- The broader NFT market appears to be staging a comeback. The total weekly volume has reached over $103 million, up 7% from the prior week.

This rebound has been driven in large part by the highly anticipated Doodles token launch—DOOD went live on Solana on yesterday on May 9. This ended up sparking a 97% surge in Doodles NFT sales in the 24 hours before the airdrop.

Adding to the excitement, Telegram CEO Pavel Durov Telegram Founder Pavel Durov has also announced a major NFT move in the market.

On May 9 via his personal channel, Telegram founder announced the launch of Telegram’s new in-app Gift Marketplace. In Telegram’s NFT-based marketplace, users can buy, sell, and resell rare collectible NFT-styled “Gifts” using Telegram Stars.

Source: Du Rove Channel

How Telegram’s New NFT Marketplace Works

Telegram’s new NFT marketplace is a new in-app marketplace where users can buy and sell special animated “gifts” as NFTs. The marketplace is built on The Open Network (TON) blockchain and uses Telegram’s Stars currency for transactions.

These collectible gift items are implemented as TON-based NFTs, meaning owners have true on-chain ownership and can trade the items outside Telegram.

Telegram’s official blog describes a straightforward trading interface. In this, users can apply advanced search filters to buy and sell a gift.

Once listed, the gift gets a “Sale” label on the profile so that others can see it’s available. Listings can be canceled at any time by tapping Unlist. All trades reportedly settle instantly in Stars – Telegram’s in-app micropayment token, and the blockchain records each gift’s ownership.

While making the announcement, Telegram founder Pavel Durov  also informed that “some gifts initially sold for just a few dollars have already spiked to tens of thousands of dollars”.

Also Read: Doodles Airdrop

Could This Push Give NFTs their Moment

The new Telegram NFT marketplace builds on Telegram’s ongoing Web3 push. Telegram originally developed the TON blockchain (now community-run) and has steadily integrated it into the app.

Telegram’s public statements emphasize that gifts have already been a hit. The official Telegram blog notes that when collectible gift collections launched in January, “some collections sold out in minutes”.

Durov himself reported that “users have acquired more than 20 million Gifts” on Telegram since launch.

Notably, special holiday events drove massive volume. For Valentine’s Day 2025, Telegram released nine limited-edition gift collections (four of which were immediately mintable as NFTs on TON).

Telegram’s move can also serve as a potential catalyst for broader NFT adoption. The broader NFT market has cooled significantly in 2024, with trading volume down roughly 20% year-over-year and platforms like MakersPlace closing.

However, the recent surge in NFT sales and coming up of new marketplaces can drive it further.

Also Read: DOOD Token Price Analysis!

NFT Marketplace in the Past 7 Days

The post Telegram Founder Pavel Durov Makes Big Bet on NFTs! Launches Gift Marketplace appeared first on CoinGape.

The US Securities and Exchange Commission (SEC) Task Force is all set to host its fourth crypto roundtable on May 12, inviting many key officers, crypto panelists, and commentators.  This will be the second SEC crypto conference with the new chair, Paul Atkins. All these meetings are a significant step towards discussing the key problems and their solutions, but these are just discussions with no concrete results yet. 

5 Things to Know About May 12 SEC Crypto Roundtable

It is the fourth SEC crypto roundtable, titled “Tokenization-Moving Assets Onchain: Where TradFi and DeFi Meet, “ and is all set to take place on May 12, 2025. 

It will be available both online and offline, running between 1 p.m. ET and 5:30 p.m. ET at the SEC Headquarters, Washington, D.C. It is open to the public, and people can visit the site to view in person after registering on the SEC website. People can also watch the live stream on the official SEC website. 

The meeting would start with the opening remarks of Richard B. Gabbert, Chairman, Paul S. Atkins, Commissioners Crenshaw, Uyeda, and the SEC’s Crypto Task Force, led by Hester M. Peirce. 

Hester Peirce emphasized tokenization’s potential to transform financial markets and expressed interest in panelists’ insights on regulatory approaches.

“Tokenization is a technological development that could substantially change many aspects of our financial markets,” said Peirce before adding “I look forward to hearing ideas from our panelists on how the SEC should approach this area.”

In the list of panelists, key crypto representatives like Fidelity, BlackRock, and many others will join the SEC crypto roundtable. Interestingly, BlackRock met the SEC Crypto Task Force recently and had key discussions around tokenization and stakings. 

After this SEC crypto meeting, another one will take place on June 9, according to the SEC meeting schedule. The meeting titled “DeFi and the American Spirit” would mark the end of the roundtable meetings. 

The post 5 Things to Know About the SEC Crypto Roundtable on May 12 appeared first on CoinGape.

Robinhood Markets, Inc. (HOOD) is back in the spotlight, wrestling with its four-year highs and turning heads on Wall Street. It debuted in 2021 as an IPO darling, capturing the imagination of young Gen Z traders before its dramatic fall as a meme stock fueled by crypto and an unhealthy dose of FOMO.

Now, with year-to-date gains outpacing the S&P 500 ($SPX), the former disruptor is looking to claim its space as a serious contender rather than a speculative fad.

Robinhood Stock’s Price Action: Breaking Out or Topping Out?

If you’ve been checking the StockCharts Technical Rank (SCTR) Reports, you’ve probably noticed the stock popping up on the Large Cap Top 10 list.

FIGURE 1. SCTR REPORT LARGE CAP TOP 10. Robinhood is second from the top.

If you’re eyeing HOOD, you’re likely asking two key questions: How is it performing relative to its Financials sector peers, and how strong is the sector itself in terms of market breadth? Just as important, you’ll want a longer-term view: How has the stock held up over time, both on its own and compared to the broader S&P 500?

Let’s tackle all those questions in one shot.

Financial Sector Breadth Shows Bullish Tailwinds for HOOD

The chart below, which tracks the Financial Sector Bullish Percent Index, offers a quick read on sector strength and market positioning.

NOTE: The BPI spans three years.

FIGURE 2. FINANCIAL SECTOR BPI. Market breadth and comparative price performance look exceedingly bullish.

From a breadth perspective, the Financial sector looks bullish, bordering on overbought, with over 82% of the stocks within the sector triggering Point & Figure Buy Signals, according to its Bullish Percent Index (BPI) reading. Meanwhile, HOOD is crushing it on a 3-year relative basis—outperforming its sector by 250% and the S&P 500 by nearly 300%.

This paints a bullish picture. But before jumping to conclusions, let’s take a step back and look at HOOD’s price history, going back to when it IPO’d in 2021.

From Meme Craze to Measured Recovery

Check out the weekly chart below.

FIGURE 3. WEEKLY CHART OF HOOD. It’s above the 10-week and 40-week SMAs, but it has quite a distance to go before testing its yearly high.

You don’t need annotations to spot where HOOD’s meme-stock frenzy peaked and where the crash began, fueled by a sharp drop in retail trading activity, crypto market volatility, and intensifying regulatory pressure.

After basing for two years, HOOD began picking up steam in 2024. Its improving technical strength is reflected in the sharp spike of its SCTR, breaking above the 90 line. Fundamentally, HOOD began to recover as it started raking in profits, expanding its product lineup, and reigniting its user growth.

It’s trading above its 10-week and 40-week simple moving average (SMA), which is equivalent to a 50-day and 200-day SMA, respectively. Still, it has quite a way to go before testing its high of $66.90.

Short-Term Trading Setup

If you’re looking to buy HOOD, you’ll need to zoom in to find favorable entry points. Let’s switch over to a daily chart.

FIGURE 4. DAILY CHART OF HOOD. Support levels are clear and accumulation looks promising.

HOOD was in an intermediate-term downtrend starting in early February, where it peaked at $66.90, all the way down to the early part of April, where it bottomed sharply at around $29. HOOD quickly recovered, breaking above $50 (a local swing high) to $54, where it is now (at the time of writing).

Can HOOD Hold Its Gains or Is Consolidation Coming?

The Stochastic Oscillator warns that HOOD may be overbought and due for a pullback. Here are a couple of scenarios to consider, and note that the Ichimoku Cloud visually provides a wider range of potential support:

  • Watch for support at $46 or $39, both recent swing lows.
  • If it stalls between those levels, it could signal a failed breakout and continued consolidation until a new catalyst emerges.
  • If it drops below $39, the next key level is at $29, but be a little cautious at that point, as such a deep retracement may indicate weakening momentum, sentiment, and fundamental weakness.

On the bullish side of things, the Accumulation/Distribution Line (ADL), currently well above the price, is indicating strong accumulation, suggesting that demand is outpacing supply—which, if it continues, can drive prices higher.

At the Close

Robinhood’s stock price is showing real signs of strength, not just on a chart, but in its fundamentals. With relative performance beating its sector and the S&P 500, and strong accumulation under the surface, HOOD’s comeback narrative is gaining technical validation. But with overbought signals flashing and key support levels in play, the next move may depend on whether bulls defend the breakout, or if the stock consolidates further while waiting for its next catalyst.

In either case, keep a close eye on volume, momentum shifts, and those support zones. HOOD may still have more room to run, but timing your entry could make all the difference.



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 personal and financial situation, or without consulting a financial professional.

NorthStar Gaming Holdings Inc. (TSXV: BET) (OTCQB: NSBBF) (‘NorthStar’ or the ‘Company’) today announces that its principal regulator, the Ontario Securities Commission, has granted its request for a management cease trade order (‘MCTO’) effective May 8, 2025.

As previously announced on April 29, 2025, the Company applied for the MCTO due to a delay in filing its annual audited financial statements, management’s discussion and analysis and related certifications for the financial year ended December 31, 2024 (the ‘Annual Filings’) which were required to be filed by April 30, 2025.

The delay is primarily due to a restatement of certain amounts owed by the Company’s payment service providers as well as player loyalty bonuses for the prior fiscal years. During the year-end reconciliation process, the Company identified that its payment processor had deducted additional merchant fees from daily remittances, which had not been properly accounted for. Specifically, service provider fees (cost of revenue) were previously understated, while the amounts due from the payment processor and accounts receivable were overstated in the financial statements for the year ended December 31, 2023.

The Company is working diligently and expeditiously to complete the Annual Filings as soon as practicable, and currently anticipates it will be in a position to file the Annual Filings on or before May 15, 2025.

The MCTO restricts the Company’s Chief Executive Officer and the Chief Financial Officer from trading in the Company’s securities but does not affect the ability of other shareholders, including the public, to trade in securities of the Company.

About NorthStar

NorthStar proudly owns and operates NorthStar Bets, a Canadian-born casino and sportsbook platform that delivers a premium, distinctly local gaming experience. Designed with high-stakes players in mind, NorthStar Bets Casino offers a curated selection of the most popular games, ensuring an elevated user experience. Our sportsbook stands out with its exclusive Sports Insights feature, seamlessly integrating betting guidance, stats, and scores, all tailored to meet the expectations of a premium audience.

As a Canadian company, NorthStar is uniquely positioned to cater to customers who seek a high-quality product and an exceptional level of personalized service, setting a new standard in the industry. NorthStar is committed to operating at the highest level of responsible gaming standards.

NorthStar is listed in Canada on the TSX Venture Exchange (‘TSXV’) under the symbol ‘BET’ and in the United States on the OTCQB under the symbol ‘NSBBF’. For more information on the company, please visit: www.northstargaming.ca.

No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this press release.

Cautionary Note Regarding Forward-Looking Information and Statements

This communication contains ‘forward-looking information’ within the meaning of applicable securities laws in Canada (‘forward-looking statements’), including without limitation, statements with respect to the following: expected performance of the Company’s business, and the timing of the release of the Company’s financial results. The foregoing is provided for the purpose of presenting information about management’s current expectations and plans relating to the future and allowing investors and others to get a better understanding of the Company’s anticipated financial position, results of operations, and operating environment. Often, but not always, forward-looking statements can be identified by the use of words such as ‘plans’, ‘expects’, ‘is expected’, ‘budget’, ‘scheduled’, ‘estimates’, ‘continues’, ‘forecasts’, ‘projects’, ‘predicts’, ‘intends’, ‘anticipates’ or ‘believes’, or variations of, or the negatives of, such words and phrases, or state that certain actions, events or results ‘may’, ‘could’, ‘would’, ‘should’, ‘might’ or ‘will’ be taken, occur or be achieved. This information involves known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements. This forward-looking information is based on management’s opinions, estimates and assumptions that, while considered by NorthStar to be appropriate and reasonable as of the date of this press release, are subject to known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, levels of activity, performance, or achievements to be materially different from those expressed or implied by such forward- looking information. Such factors include, among others, the following: risks related to the Company’s business and financial position; risks associated with general economic conditions; adverse industry risks; future legislative and regulatory developments; the ability of the Company to implement its business strategies; and those factors discussed in greater detail under the ‘Risk Factors’ section of the Company’s most recent annual information form, which is available under NorthStar’s profile on SEDAR+ at www.sedarplus.ca. Many of these risks are beyond the Company’s control.

If any of these risks or uncertainties materialize, or if the opinions, estimates or assumptions underlying the forward-looking information prove incorrect, actual results or future events might vary materially from those anticipated in the forward-looking statements. Although the Company has attempted to identify important risk factors that could cause actual results to differ materially from those contained in the forward-looking statements, there may be other risk factors not presently known to the Company or that the Company presently believes are not material that could also cause actual results or future events to differ materially from those expressed in such forward-looking statements. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. No forward-looking statement is a guarantee of future results. Accordingly, you should not place undue reliance on forward-looking information, which speaks only as of the date made. The forward-looking information contained in this press release represents NorthStar’s expectations as of the date specified herein, and are subject to change after such date. However, the Company disclaims any intention or obligation or undertaking to update or revise any forward-looking information whether as a result of new information, future events or otherwise, except as required under applicable securities laws.

All of the forward-looking information contained in this press release is expressly qualified by the foregoing cautionary statements.

For further information:

Company Contact:
Corey Goodman
Chief Development Officer 647-530-2387
investorrelations@northstargaming.ca

Investor Relations:
RB Milestone Group LLC (RBMG)
Northstar@rbmilestone.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/251431

News Provided by Newsfile via QuoteMedia

This post appeared first on investingnews.com

Errawarra Resources Ltd (ASX: ERW) is pleased to advise that it has awarded its inaugural drilling contract at the high-grade Elizabeth Hill Project, located in the Pilbara region of Western Australia.

HIGHLIGHTS:

  • Inaugural Drilling Contract awarded for Elizabeth Hill.
  • West Core Drilling has been awarded the diamond drilling contract under a partial drill for equity arrangement. Drilling is anticipated to commence imminently post EGM.
  • Drill targeting currently being finalised following site visit by Errawarra’s Management to ground truth targets.
  • Regional Soils program targeting regional structures with associated historical silver in soil anomalism is almost completed with 1,766 soils samples and 89 rock chip samples having been collected.
  • Rock chip sampling is aided using pXRF technology to qualitatively assess with the samples in the field.
  • Laboratory results are expected in 6-8 weeks.

Following a competitive tender process, the Company has awarded the diamond drilling contract to West Core Drilling. The upcoming drill program will be completed under a partial drill-for-equity arrangement and will focus on high-priority mine and near-mine targets. These include:

  • Near-surface mineralisation,
  • Down-plunge extensions, and
  • Strategic drill holes to enhance the geological understanding and structural orientation of the mineralised system.

Drilling is anticipated to commence in the week following the Company’s upcoming General Meeting (GM) planned for 19 May 2025.

Executive Director Bruce Garlick commented:

“We are delighted to partner with West Core as part of our inaugural drilling program. This contract award demonstrates our continued progression of the project, and we look forward to testing the asset with the drill bit in the coming weeks. It was also fantastic for the board to recently visit site and see all the readily available nearby infrastructure that could potentially feed into our development planning.”

Targeting for the drill program is currently being finalised, with active involvement from the Board of Errawarra and technical consultants ERM Consulting. A recent site visit completed by management has enabled ground-truthing of the high-priority targets.

As part of Errawarra’s ongoing project development and planning, management visited the Radio Hill processing plant, approximately 15 kilometres to the north which is owned by Artemis Resources (ASX: ARV) and currently in care and maintenance.

During the same site visit, the team also observed the almost completed regional soil sampling campaign which is targeting regional structures with associated historical silver in soil anomalism. A total 1,766 soil samples and 89 rock chips samples have been collected to date during this program which is anticipated to be completed in the coming week.

Click here for the full ASX Release

This post appeared first on investingnews.com