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Fox Tungsten Ltd. (TSXV: FOXT) is approaching a significant transition, with its 20,000-metre drilling campaign nearing completion and a preliminary economic assessment (PEA) targeted for May 2027. In a November 2 InvestorNews interview with Tracy Hughes, President, CEO and Director Stephen Gray outlined the company's progress at its flagship Fox Tungsten Project in British Columbia, the expansion of drilling into its Silverboss property, and the growing importance of developing North American tungsten supply. With approximately 281 million shares outstanding and a market capitalization of C$33 million at the time of the interview, Fox Tungsten is entering a period in which drilling results and economic studies could substantially reshape how investors evaluate the company.Gray reported that approximately 18,000 metres had been drilled, with results released for just 18 of roughly 80 completed holes. The company's October 7 assay announcement included 2.1 metres grading 1.43% tungsten trioxide (WO₃) and 7.9 metres grading 0.48% WO₃, including a narrower 0.4-metre interval grading 9.63% WO₃. These initial results support the company's resource expansion objectives, although most assays remain outstanding. Gray describes Fox as having one of the world's highest-grade tungsten resources and expects the drilling campaign to contribute to an updated mineral resource estimate in February 2027.The next milestone is determining what that resource could be worth economically. Gray expects the PEA to be completed in May 2027, providing investors with an initial assessment of potential project economics, development costs and operating parameters. In a November 4 announcement, Fox Tungsten confirmed that the study had formally commenced, with Ausenco Engineering Canada ULC appointed as lead engineering consultant. The company also confirmed that approximately 18,500 metres had been drilled and that drilling at Fox was complete, with the balance of the program focused on Silverboss.Gray sees the coming months as a turning point. "This will be a transformational kind of six to nine months for the company as we go from being an exploration company to really a development company," he said. The PEA will be particularly important in establishing an economic foundation for future development decisions, government support discussions and potential strategic relationships.Meanwhile, Fox Tungsten is pursuing a second opportunity at its 100%-owned Silverboss property, approximately 20 to 30 kilometres west of Fox. Located adjacent to Glencore's former Boss Mountain molybdenum mine, Silverboss is an earlier-stage exploration property targeting molybdenum and copper mineralization. Following the company's October 20 announcement of a dedicated drill rig, Gray confirmed that two rigs were operating at Silverboss. Initial drilling is evaluating geological targets identified through geophysical surveys and surface sampling, offering the possibility of a second critical minerals asset within the company's portfolio.Permitting progress is also contributing to the development timetable. In September, Fox Tungsten received provincial authorization for a new access trail designed to reduce helicopter dependence and improve operational efficiency. The authorization includes a commitment to regional caribou monitoring, with approximately C$300,000 expected to be contributed over five years. Disclaimer: Video interviews and other video content published by InvestorNews are produced as part of paid media services. The issuer or company featured in this video has compensated InvestorNews for the creation and publication of such content. The views expressed in these interviews are those of the interviewees or guests and do not necessarily reflect the opinions or positions of InvestorNews, its writers, or its affiliates. For full details, please refer to our complete disclaimer at www.investornews.com/disclaimer

Defense Metals Corp. (TSXV: DEFN | OTCQB: DFMTF) is positioning its Wicheeda project in British Columbia as a potential Canadian source of rare earth materials for Korean industrial supply chains. In an InvestorNews interview with Tracy Hughes, President, CEO and Director Mark Tory outlined the priorities behind his trip to Seoul, including meetings with Hanwha and an appearance before Korean corporations at a British Columbia government event. Tory’s investment case centres on Wicheeda’s metallurgy and its potential to reduce the amount of material requiring downstream chemical processing.Tory is travelling to the 22nd International Rare Earths Conference, taking place October 27–29, 2026. The visit also provides an opportunity to advance discussions under the non-binding memorandum of understanding announced in May with Hanwha Ocean Co. Ltd. and Hanwha Corporation. That framework covers potential long-term offtake and strategic investment, subject to further due diligence, negotiations and definitive agreements.Hanwha’s interest also reflects the Korean group’s ambitions in Canada’s naval and maritime sectors. The May announcement described a potential partnership aimed at securing the critical materials needed for those capabilities. For a Korean industrial group, that places a Canadian rare earth project within a wider strategy for its manufacturing supply chains.Tory said Hanwha is reviewing Defense Metals’ data room as the parties explore potential investment, offtake and technical support. He indicated that any agreement would likely come in 2027.At Wicheeda, Tory identified bastnaesite and monazite among the rare earth minerals supporting the project’s processing case. He described the ability to upgrade material grading approximately 2.4% total rare earth oxides, or TREO, into a concentrate grading about 50% through crushing, grinding and flotation. “It all revolves around the metallurgy and the ability for us to upgrade from that 2.4% TREO in the ground to a 50% concentrate grade,” he said.The commercial significance, in Tory’s assessment, is the effect on the hydrometallurgical plant, where the concentrate undergoes chemical processing. A higher concentrate grade means less material needs to pass through that stage for a given rare earth output, potentially reducing plant size and costs. He described the intended advantage as “lower capex, lower opex to get the same output.” For prospective Korean partners, those costs are central to assessing Wicheeda as a potential long-term supplier.To read the full column, go to: https://bit.ly/4z8UH5EDisclaimer: Video interviews and other video content published by InvestorNews are produced as part of paid media services. The issuer or company featured in this video has compensated InvestorNews for the creation and publication of such content. The views expressed in these interviews are those of the interviewees or guests and do not necessarily reflect the opinions or positions of InvestorNews, its writers, or its affiliates. For full details, please refer to our complete disclaimer at www.investornews.com/disclaimer

Ucore Rare Metals Inc. (TSXV: UCU | OTCQX: UURAF) is preparing to turn years of rare earth separation development into a commercial operation in Louisiana. In an InvestorNews interview with Jack Lifton, Chairman and CEO Pat Ryan described a business now focused on equipment installation, feedstock testing and delivering products that meet manufacturers’ specifications. Its first commercial RapidSX system, Enhanced Machine A, is targeted to complete installation, testing and commissioning at the Louisiana Strategic Metals Complex in Alexandria in the first half of 2027. “It’s not about the rocks; it’s about the chemistry,” Ryan said. That chemistry sits between a mixed rare earth feedstock and the oxide products manufacturers need before moving into metals, alloys and magnets. Ucore is concentrating on this separation stage, with Ryan emphasizing the work required to connect its output to customers further down the supply chain.The company has been producing material for those customers to evaluate. In August, Ucore reported producing 99.5% neodymium-praseodymium (NdPr) material from two different feedstock sources at its Commercialization and Demonstration Facility in Kingston, Ontario. It has also reported producing 99.9% dysprosium oxide and shipping material for customer qualification. These results support the commercial effort, while customer acceptance and consistent production at the Louisiana facility remain milestones ahead. Washington has expanded its support for that effort. On September 14, Ucore announced an additional US$4.6 million award to advance samarium and gadolinium process development and deployment of Enhanced Machine A, bringing total funding under its U.S. defense Other Transaction Agreement to US$27 million. Samarium is used in samarium-cobalt magnets valued for maintaining magnetic performance at high temperatures in defense and aerospace applications. Gadolinium serves a different range of specialized applications, including electronics, coatings and neutron absorption in nuclear reactors. The expanded Machine A design comprises approximately 118 RapidSX stages and targets processing capacity of approximately 600 tonnes annually of contained total rare earth oxides. Ucore’s May engineering update estimated its capital cost at US$60 million, with government funding providing part of the support. The company plans to establish this initial system before proceeding with larger production lines, making its performance an important test of the broader Louisiana development strategy. Ryan’s account of equipment procurement adds a practical dimension to that plan. He said the system is being built and assembled in the United States, using commercially available components alongside Ucore’s engineered separation equipment. Long lead equipment, including reactors, switchgear and chillers, has been ordered, he said. Ucore also announced completion of its contactor scale-up verification program in August, following more than 400 tests, providing engineering data for the Louisiana equipment configurations. Securing suitable material to process is another part of the commercial equation. Ucore’s June cooperation framework with Sumitomo Corporation of Americas covers feedstock sourcing and development of downstream offtake opportunities, including designated distribution activities in Japan. Disclaimer: Video interviews and other video content published by InvestorNews are produced as part of paid media services. The issuer or company featured in this video has compensated InvestorNews for the creation and publication of such content. The views expressed in these interviews are those of the interviewees or guests and do not necessarily reflect the opinions or positions of InvestorNews, its writers, or its affiliates. For full details, please refer to our complete disclaimer at www.investornews.com/disclaimer

DMG Blockchain Solutions Inc. (TSXV: DMGI | OTCQB: DMGGF) is pursuing a proposed 50-megawatt AI colocation tenancy at its Christina Lake data center in British Columbia. Its June 1 letter of intent outlines an initial 12-year agreement, with three potential five-year renewals. If finalized, the transaction would move the facility from its existing Bitcoin mining operations toward hosting a customer’s AI computing equipment.The letter of intent specifies recurring monthly charges and annual increases, but the announcement does not disclose their dollar values. It also provides for the prospective tenant to supply an investment-grade financial backstop for DMG to review. The tenant was not named, and the principal commercial provisions are non-binding. Completion therefore depends on negotiating and executing a definitive agreement.In its September 14 project update, DMG reported that Christina Lake had 75 MW of contracted power. This comprises 15 MW of firm power and 60 MW of non-firm, or curtailable, power. The company said its existing substation supports that total, while the proposed 50 MW tenancy refers specifically to critical IT load.The September update also reported contracts for two separate fiber routes and an application to expand the existing building. DMG said the proposed addition could support as much as 60 MW of critical IT load. The company revised its expected schedule for energizing tenant servers to 2027, with the conversion still subject to financing, permitting and agreements with the necessary counterparties.DMG said it was discussing financing with multiple financial institutions and evaluating rated bonds, lines of credit, equity and convertible debt. Its stated objective was to balance financing cost, flexibility and speed while minimizing shareholder dilution. That disclosure describes financing options under consideration; it does not establish that funding has been secured.Alongside the larger proposed tenancy, DMG has announced smaller steps into secure computing. In April, the company reported receiving 2 MW of prefabricated data center units, which it described as Sensitive Compartmented Information Facility, or SCIF-rated, infrastructure. Its June 16 announcement disclosed a colocation contract valued at approximately $670,000 over slightly more than two years, with expected AI workloads and an option for future SCIF services. That announcement did not identify the customer.DMG’s July 16 announcement also disclosed an investment in Atomic47 Labs Inc., a Kelowna company developing applied AI systems for regulated industries. DMG’s quarterly financial statements record a C$200,000 payment to Atomic47 on June 17 under a simple agreement for future equity. DMG described the investment as part of its strategy to develop secure Canadian sovereign AI infrastructure.Disclaimer: Video interviews and other video content published by InvestorNews are produced as part of paid media services. The issuer or company featured in this video has compensated InvestorNews for the creation and publication of such content. The views expressed in these interviews are those of the interviewees or guests and do not necessarily reflect the opinions or positions of InvestorNews, its writers, or its affiliates. For full details, please refer to our complete disclaimer at www.investornews.com/disclaimer

Australian Rare Earths Limited (ASX: AR3) is advancing its Koppamurra pilot programme at the Australian Nuclear Science and Technology Organisation (ANSTO) to generate the technical results and customer samples needed to support rare earth offtake agreements. In an InvestorNews interview with Tracy Hughes, Managing Director and CEO Travis Beinke explained how the work will help prospective buyers evaluate the company’s mixed rare earth oxide product while informing its definitive feasibility study. An existing non-binding offtake memorandum of understanding with Neo Performance Materials Inc. (TSX: NEO | OTCQX: NOPMF), covering half of planned Stage 1 production, gives AR3 a commercial relationship to build on as it advances customer qualification and financing discussions.“Yes, we do have a non-binding MOU for offtake for half of our Stage 1 production with Neo Performance Materials,” Beinke said. Neo became a shareholder when AR3 listed in 2021 and has provided technical support as Koppamurra has developed. The relationship gives AR3 access to downstream expertise as it advances discussions about the eventual sale of its production. The memorandum of understanding remains non-binding, with definitive commercial arrangements still to be secured.The pilot programme is centred on ANSTO’s purpose-built facility for clay-hosted rare earths, where AR3 is the first industry participant. Approximately 30 tonnes of Koppamurra material are being used in a campaign designed to validate the full processing flowsheet and generate mixed rare earth oxide samples for prospective offtakers. Beinke said access to an existing facility reduces the capital and time the company would otherwise need to establish its own pilot plant. “It also saves us a significant amount of time, being able to utilize the great facility that’s been built at ANSTO,” he said.AR3’s September 10, 2026 update showed the programme advancing into downstream product recovery. Its first heap leach column cycle, using approximately eight tonnes of ore, had generated rare earth-bearing solution that was subsequently processed through a mixed rare earth hydroxide precipitation circuit. That hydroxide is an intermediate product to be further refined into the mixed rare earth oxide samples intended for customer assessment. The campaign is scheduled to continue through December 2026, collecting operating and engineering data for the definitive feasibility study, which the company is targeting for completion in 2027.For the larger construction funding requirement, Beinke identified potential debt support from Export Finance Australia and possible investment by offtakers as options the company is exploring. “We do think there are going to be opportunities with the likes of Export Finance Australia to provide the debt component for the project,” he said. He also sees scope for customers interested in securing the proposed rare earth product to consider financial participation in its development. Those possibilities remain financing options the company is evaluating as it works toward a construction funding package.Asked how AR3 allocates capital between its projects, Beinke was unequivocal about Koppamurra’s priority. “The vast majority of our capital, our resources and our focus is on delivering this project into production as quickly and efficiently as we can,” he said.Disclaimer: Video interviews and other video content published by InvestorNews are produced as part of paid media services. The issuer or company featured in this video has compensated InvestorNews for the creation and publication of such content. The views expressed in these interviews are those of the interviewees or guests and do not necessarily reflect the opinions or positions of InvestorNews, its writers, or its affiliates. For full details, please refer to our complete disclaimer at www.investornews.com/disclaimer

The tungsten grades that attracted Union Carbide to Lentung more than four decades ago are showing up again in drill core from Rackla Metals Inc. (TSXV: RAK). The company’s October 13 drilling results included a 17.95-metre downhole interval grading 2.28% tungsten trioxide (WO₃), adding fresh evidence to the historical record at its Northwest Territories project. The mineralization’s proximity to surface gives management another reason to examine its development potential. In an InvestorNews interview with world renowned critical minerals expert Jack Lifton, CEO Simon Ridgway explained how Rackla plans to combine these results with Union Carbide’s extensive drilling database to establish a current mineral resource.Union Carbide Exploration Corporation acquired the property, previously known as Lened, in 1976 and completed 26,900 metres of drilling in 178 holes between 1977 and 1982. Rackla’s January 2026 account of that work cites a 1980 historical estimate of 2.82 million tonnes grading 1.27% WO₃ across the Western Skarn and Stephens Ridge zones. That estimate predates NI 43-101 and must not be treated as a current mineral resource. Its value today lies in the geological information available for verification and the development questions it allows Rackla to investigate.In early 1982, Union Carbide submitted the project to the federal Environmental Assessment and Review Process seeking a mine permit, then withdrew its application as tungsten prices declined. The Bhopal disaster followed in December 1984, while Dow’s acquisition of Union Carbide was completed in February 2001. Those events belong to a longer corporate history; the documented reason for suspending the project in 1982 was deteriorating tungsten prices. The investment question is whether modern technical work and sustainable market conditions can now support development.Rackla arrived at tungsten through gold exploration. During its regional work in 2025, the company evaluated intrusions around Lened for gold potential, found that much of the historical drill core remained recoverable, and staked the property. The geological connection is meaningful: Lentung’s scheelite mineralization occurs in altered limestone beside Cretaceous intrusions belonging to the Tungsten Suite. For a company exploring the broader Tombstone Gold-Tungsten Belt, the opportunity emerged from following the geology into a different commodity.Ridgway described the hillside geometry as “a very simple mining scenario,” reflecting his interest in an open pit concept. The reported drill intervals are not true widths, however, and favourable geometry is only one part of a mine design. Modern engineering and metallurgical work must establish how the mineralization could be mined and processed, with recoveries, slope stability and costs determining the economics.The next major milestone is a current mineral resource estimate. Rackla’s October corporate presentation targets the first or second quarter of 2027, consistent with Ridgway’s interview comments about initially aiming for the first quarter before acknowledging that “it will likely be the second quarter.” That gives investors a defined milestone to follow. The estimate should help establish the scale, grade and geological confidence available to support subsequent engineering and economic work.To read the full column, go to: https://bit.ly/3TM3IT3Disclaimer: Video interviews and other video content published by InvestorNews are produced as part of paid media services. The issuer or company featured in this video has compensated InvestorNews for the creation and publication of such content. The views expressed in these interviews are those of the interviewees or guests and do not necessarily reflect the opinions or positions of InvestorNews, its writers, or its affiliates. For full details, please refer to our complete disclaimer at www.investornews.com/disclaimer

At Halleck Creek, Mark Wall’s priority is turning a vast Wyoming rare earth resource into a commercially viable American supply chain. In a recent conversation with Tracy Hughes, the Chief Executive Officer of American Rare Earths Limited (ASX: ARR | OTCQX: ARRNF) explained why growing the deposit is no longer the company’s immediate focus. That shift is the most interesting thing about American Rare Earths right now, and it frames both the opportunity and the risk.The headline numbers come from the updated Scoping Study for the Cowboy State Mine, the initial development phase of Halleck Creek in Wyoming. It estimates an after-tax net present value of approximately US$1.07 billion at an 8% real discount rate and an after-tax internal rate of return of 21%. Initial capital is estimated at approximately US$900 million, including contingency, and the model assumes an NdPr oxide price of US$151 per kilogram. These are preliminary project economics, with no ore reserves declared, rather than an established valuation of the company or a completed mine-to-magnet business.Wall’s gloss on the scale is the telling part. The initial mine plan “uses around 4% of the resource, which really just gives a sense of scale of this deposit.” The broader Halleck Creek mineral resource stands at approximately 2.63 billion tonnes, grading 3,292 parts per million total rare earth oxides. The distinction matters: the initial mine plan uses a small fraction of Halleck Creek, while the Cowboy State Mine resource itself represents a substantially larger share of the overall deposit.That is why the latest drilling focused on improving geological confidence and supporting development studies. Infill drilling can support future reserve estimation, but declaring reserves also requires the relevant technical and economic assessments. Wall described the mineralization as “porphyry-like”, contiguous and consistent, and said the campaign also tested theories about where grade runs a little higher. In a bulk, low-grade system, modest grade gains in the early years can matter disproportionately to payback. That detail deserves more attention than the drill metres.The harder question is whether the company can help carry the project from rock through to the magnet supply chain. Wall is explicit that this is the ambition. “This is a technology business,” he said. “We’re trying to get through to the end product, which is a magnet, which essentially enables technology to move.” The upstream, he concedes, is “a fairly simple mine.” The difficulty, and much of the potential value, lies downstream in processing, separation and metallization, where commercial execution remains to be demonstrated.The pilot program is therefore the thing to watch. At the time of the interview, Wall said material had been mined and crushed in Wyoming and that the concentration circuit was awaiting a final equipment item. The company’s published program envisages concentration work in Wyoming followed by hydrometallurgical processing at Saskatchewan Research Council, with separated rare earth oxide targeted for late Q2 2027. Wall says hydrometallurgical recoveries are already very good and identifies physical separation as the place “where we see real opportunity to improve further the economics of the project by increasing the recoveries.”To read the full column, go to: https://bit.ly/4dOSfsvDisclaimer: Video interviews and other video content published by InvestorNews are produced as part of paid media services. The issuer or company featured in this video has compensated InvestorNews for the creation and publication of such content. The views expressed in these interviews are those of the interviewees or guests and do not necessarily reflect the opinions or positions of InvestorNews, its writers, or its affiliates. For full details, please refer to our complete disclaimer at www.investornews.com/disclaimer

Element One Hydrogen & Critical Minerals Corp. (CSE: EONE) is evaluating a potential U.S. magnesium supply opportunity at Twin Sisters in Washington State, following assays of up to 28.46% magnesium. In a recent InvestorNews interview with host Tracy Hughes, Brad Kitchen, President, CEO and Director, explained how access to existing quarry material could support the company’s development plans while its hydrogen research progresses. The strategy combines a proposed magnesium operation with efforts to generate hydrogen from rock and explore for naturally accumulated hydrogen.At Twin Sisters, eight samples returned magnesium values ranging from 26.39% to 28.46%, alongside nickel values of 2,660 to 3,305 parts per million. Element One’s memorandum of understanding with Millbank Materials provides the right to purchase up to 50,000 tonnes of material annually, with an option to increase that amount to 100,000 tonnes. Kitchen said sourcing material from an established operator could reduce the work required to develop a new mine and associated infrastructure. “They just deliver it effectively to our front door,” he said.Asked which magnesium product Element One intends to bring to market first, Kitchen was direct: “We will be producing magnesium oxide.” He described a proposed closed-loop process designed to recover valuable minerals while limiting waste, with nickel and silica also discussed as potential products. Kitchen sees the Washington State opportunity as a possible earlier source of revenue while the company develops its hydrogen business. His objective is to reach cash flow within approximately two years, a management target that remains dependent on successful development.The next step at Twin Sisters is to establish recoveries and product quality through testing with Revora Materials Inc. in New York. In its September 25 update, Element One said the work would evaluate mineral separation, processing inputs and costs using Revora’s IonMet electrochemical platform. Recovery rates, product specifications and economic viability have yet to be established, and the company had made no decision to construct a pilot or commercial facility. The feedstock volumes contemplated by the MOU therefore describe potential access to material, rather than forecast production.Element One’s hydrogen research centres on accelerating reactions in ultramafic rocks, which contain minerals that can participate in hydrogen-generating processes. Kitchen said laboratory work with Dr. Greeshma Gadikota and her team at Columbia University is focused on improving hydrogen extraction rates and refining the conditions needed for those reactions. Under a two-year sponsored research agreement announced in May, Element One committed US$1.67 million to research into hydrogen stimulation and the potential co-recovery of critical metals. The agreement provides that Columbia retains ownership of inventions and research results generated under the program, subject to Element One’s option to negotiate licenses to certain resulting inventions or information.Disclaimer: Video interviews and other video content published by InvestorNews are produced as part of paid media services. The issuer or company featured in this video has compensated InvestorNews for the creation and publication of such content. The views expressed in these interviews are those of the interviewees or guests and do not necessarily reflect the opinions or positions of InvestorNews, its writers, or its affiliates. For full details, please refer to our complete disclaimer at www.investornews.com/disclaimer

Scandium Canada Ltd. (TSXV: SCD) is connecting the development of its Crater Lake scandium project in Nunavik, Québec, with an alloy business already supplying commercial products. In a recent InvestorNews interview hosted by Tracy Hughes, President and CEO Simon Thibault discussed the company’s latest drilling results and the industrial demand he wants to build through its Scalium+ subsidiary. His approach puts customer requirements at the centre of the company’s development strategy. As he explained, the objective is to grow demand for aluminum-scandium alloys until a secure source of scandium becomes essential to supporting those customers.The latest drilling results strengthen the geological side of that strategy. In its October 7 announcement, Scandium Canada reported that hole CL26095 intersected 150.1 metres grading 292 parts per million scandium oxide, the longest intercept of its 2026 program. The hole was drilled approximately 150 metres north of the boundary of the current TG deposit resource, demonstrating mineralization beyond the area covered by the 2025 estimate. These are downhole lengths, with true thicknesses still to be determined, and the company plans to incorporate the results into an updated mineral resource estimate after receiving and validating the remaining assays. Scandium CanadaThibault explained that the 10,000-metre drilling campaign serves two purposes: expanding the resource and collecting representative material for metallurgical testing. The sampling work involved 15 holes designed to cover the deposit’s different rock types and mineralogical characteristics. That approach is intended to give the testing program material that reflects the broader deposit. The resulting work, expected next year, will help inform a future feasibility study, while drilling to the north and south tests the potential to increase the resource.The commercial side centres on Scalium+, which Thibault said already has products in the sporting goods market. He sees that commercial manufacturing experience as a foundation for qualification and validation with original equipment manufacturers in aerospace and defense. Those customers need suppliers capable of producing at commercial scale before incorporating new materials into their supply chains. Describing the strategy as “market-to-mine,” or “product-to-mine,” Thibault said the goal is “developing the market, growing the demand, and getting to a point where the mine is an absolute necessity.”Supply security is central to those discussions. Thibault said customers are interested in the alloys’ performance while also asking where the scandium oxide will come from over the longer term. The intended role of Crater Lake is to provide a future source of supply that supports the growth of the alloy business. In his view, developing the products and the resource together gives the company a stronger basis for discussions with manufacturers whose adoption decisions depend on reliable access to materials.University collaborations are helping advance the technology toward broader industrial use. Hughes highlighted relationships with the University of Windsor and the University of Waterloo, while Thibault pointed specifically to Windsor’s work on electric motor technologies as an avenue into automotive applications. To read the full column, go to: https://bit.ly/4yPNaZyDisclaimer: Video interviews and other video content published by InvestorNews are produced as part of paid media services. The issuer or company featured in this video has compensated InvestorNews for the creation and publication of such content. The views expressed in these interviews are those of the interviewees or guests and do not necessarily reflect the opinions or positions of InvestorNews, its writers, or its affiliates. For full details, please refer to our complete disclaimer at www.investornews.com/disclaimer

When Silver Bullet Mines Corp. (TSXV: SBMI | OTCQB: SBMCF) began extending its access road from the Columbia Mine toward the Gold Queen Mine, the objective was straightforward: reach the second of two past-producing mines within its Columbia / Gold Queen Complex. Along the way, the company discovered a third.The Steamboat Mine appears in historical records, but its precise location had been lost over time. Silver Bullet's field team rediscovered it unexpectedly while clearing the new road, uncovering remnants of an earlier mining operation, including underground rail tracks, mule harnesses, bags and empty dynamite boxes."This was a serious mine," Peter Clausi, Vice President of Capital Markets and a Director of Silver Bullet Mines, told InvestorNews host Tracy Hughes during a recent interview. "And if they were using mules, history will tell you there's a certain grade of gold that goes with that."The discovery came as Silver Bullet reported four newly identified zones it considers prospective for high-grade gold, all located beside the new access road. The company has also identified what it believes are thousands of tons of mineralized material in historical surface stockpiles, likely associated with previous operations at the Gold Queen Mine.The potential significance of those discoveries remains subject to assay results. Clausi acknowledged the distinction between what the field team can observe and what Silver Bullet can establish through technical analysis and disclose under Canada's NI 43-101 framework."The eye sees a lot," he said. "But let's see what the assay lab tells us."Results from samples taken from the first of the newly identified zones are expected shortly, according to Clausi. Some samples are being submitted to an independent ISO-certified laboratory in addition to testing conducted through the company's own facilities.Of the new developments, the historical stockpiles could have the most immediate implications for Silver Bullet's economics. Unlike material that must first be drilled, blasted and removed from underground, stockpiled material has already been mined and brought to surface, potentially eliminating a substantial portion of the extraction costs associated with conventional mining."It reduces our processing cost because the cost of extraction has already been incurred by somebody else," Clausi explained. Disclaimer: Video interviews and other video content published by InvestorNews are produced as part of paid media services. The issuer or company featured in this video has compensated InvestorNews for the creation and publication of such content. The views expressed in these interviews are those of the interviewees or guests and do not necessarily reflect the opinions or positions of InvestorNews, its writers, or its affiliates. For full details, please refer to our complete disclaimer at www.investornews.com/disclaimer