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Business Wire
11 hours ago
- Business
- Business Wire
TomaGold Set to Launch Strategic Drilling Campaign on its Chibougamau Projects
MONTREAL--(BUSINESS WIRE)-- TOMAGOLD CORPORATION (TSXV: LOT) (' TomaGold ' or the ' Company ') is pleased to announce the upcoming launch of its 2025 drilling campaign, which will focus primarily on the properties currently under option from SOQUEM and Chibougamau Independent Mines in the Chibougamau Mining Camp, as well as its wholly-owned Obalski Project (the ' Chibougamau Projects '). David Grondin, CEO of TomaGold stated: 'The Chibougamau Mining Camp has recently attracted significant exploration activity, underscoring the region's increasing potential for gold and copper discoveries. Since the beginning of the year, we have compiled project data, advanced preliminary work, identified high-priority targets, and prepared our properties to be drill-ready. Our 53-hole exploration program will focus on our key projects—Berrigan, Radar, David, Dufault, and Obalski—with the objective of uncovering new gold-copper mineralization on well-defined, strategically selected targets. We are eager to commence drilling and build on the momentum in this highly prospective region.' Drill and Work Permits Secured TomaGold has obtained all the necessary drilling and work permits, including the ATI ('Autorisation de Travaux à Impact') and forestry permits, to begin exploration activities across its Chibougamau Projects. Drill Pad Setup and Mobilization Status All access trails to the drill sites have been cleared and secured, and the drill setups are ready for immediate mobilization. A total of 53 drill targets have been identified and are fully permitted. While preparing the sites during the winter, the team also conducted limited and selective surface sampling in select areas. Analytical results from this sampling are currently pending. Geophysical Survey Work on Obalski A downhole resistivity/induced polarization (IP) logging survey was conducted in hole OBS-17-002, which intersected the newly interpreted NE-SW Zone on the Obalski Project. The objective was to determine the in-situ physical properties of this high-grade copper-gold zone to define the most effective geophysical method for the upcoming drilling campaign. The resistivity and chargeability contrasts measured between the host rocks and the NE-SW Zone are up to 10,000 times more conductive and 10 times more chargeable, respectively. To confirm these results, the geophysical properties of hole OBS-23-032 were also measured. This hole was interpreted to have intersected the same NE-SW Zone some 65 m further south. The results again confirmed similar conductive and chargeable contrasts of 25,000x and 10x, respectively. These very high contrasts suggest that electromagnetic (EM) and induced polarization (IP) methods could be successfully applied in this geological context of the Obalski project and possibly the Chibougamau Camp. 3D Modelling and Structural Reinterpretation TomaGold has completed approximately 95% of the geological reinterpretation and 3D modeling of the Obalski project. The updated model incorporates historical and recent data, providing a more comprehensive understanding of structural controls and mineralization trends. Final conclusions and visuals from the model will be presented shortly. The Company has initiated a similar modelling and reinterpretation process across its other projects, leveraging the structural insights gained from the Obalski project reinterpretation. Upcoming Geophysical Surveys (Pending Crew Availability) TomaGold has outlined a series of geophysical surveys to be conducted across its Chibougamau Projects in 2025, pending crew availability and seasonal access. These surveys are designed to refine drill targeting and enhance geological modelling across key assets. Summary of Planned Geophysical Work by Project: These surveys will complement the current structural reinterpretation work and support future drilling campaigns across the portfolio. The technical content of this press release has been reviewed and approved by Jean Lafleur, the Company's Vice President of Exploration and a qualified person under National Instrument 43-101. About TomaGold TomaGold Corporation (TSXV: LOT) is a Canadian mineral exploration company engaged in the acquisition, assessment, exploration and development of gold, copper, rare earth elements and lithium projects. Its primary goal is to consolidate the Chibougamau Mining Camp in northern Quebec. In addition to the agreements to acquire 13 properties in the camp, the Company holds interests in two gold properties in the vicinity of the camp: Obalski and Doda Lake. TomaGold also owns a 100% interest in a lithium property and in the Star Lake rare earth elements property, located in the James Bay region of Quebec, as well as a 24.5% interest in the Baird property, located near the Red Lake mining camp in Ontario through a joint venture with Evolution Mining Ltd. and New Gold Inc. Cautionary Statement on Forward-Looking Information This news release includes certain statements that may be deemed 'forward-looking statements'. All statements in this news release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words 'expects', 'plans', 'anticipates', 'believes', 'intends', 'estimates', 'projects', 'potential' and similar expressions, or that events or conditions 'will', 'would', 'may', 'could' or 'should' occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include the potential results of exploration and drilling activities, market prices, continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made. Except as required by applicable securities laws, the Company undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates, opinions, or other factors should change.
TECHx
4 days ago
- Politics
- TECHx
Project Galileo Marks 11 Years of Cybersecurity Defense
Home » Emerging technologies » Cyber Security » Project Galileo Marks 11 Years of Cybersecurity Defense Cloudflare has announced the 11th anniversary of Project Galileo, its flagship initiative offering free cybersecurity protection to at-risk public interest organizations worldwide. Launched in June 2014, the program has defended journalists, human rights groups, independent media, environmental activists, and others working on the frontlines of democracy and civil society. To mark this milestone, Cloudflare revealed a new interactive Radar report. The report provides detailed insights into the cyber threats faced by organizations protected under Project Galileo. It highlights the increasing risks and evolving tactics used by attackers targeting these groups. According to the report, distributed denial-of-service (DDoS) attacks are growing more common than traditional web application exploits. From May 1, 2024, to March 31, 2025, Cloudflare blocked 108.9 billion cyber threats aimed at Project Galileo organizations. This equates to an average of nearly 325.2 million attacks per day, representing a 241% increase compared to the previous year. Journalists and news organizations experienced the highest volume of attacks. Over 97 billion requests were blocked across 315 such organizations. The peak attack day was September 28, 2024. Human rights and civil society organizations ranked second, with 8.9 billion blocked requests. Their peak attack activity occurred on October 8, 2024. Cloudflare also reported that the Belarusian Investigative Center, an independent journalism group, joined Project Galileo on September 27, 2024, while already under attack. The following day, it faced a major application-layer DDoS attack, generating over 28 billion requests. Many targets were investigative journalism outlets in regions experiencing government pressure, such as Russia and Belarus. Additionally, NGOs combating racism, extremism, and defending workers' rights were heavily targeted. One human rights group, Tech4Peace, focused on digital rights, faced a prolonged 12-day cyberattack starting March 10, 2025. The attack included over 2.7 billion requests, with varied intensity and tactics. Cloudflare noted this demonstrated a coordinated effort by attackers adapting their methods over time. The full Radar report also covers threats faced by environmental groups and organizations involved in disaster and humanitarian relief. It serves as a resource for policymakers, researchers, and advocates protecting public interest groups worldwide. Cloudflare emphasized that partnerships remain key to Project Galileo's growth. The company relies on 56 trusted civil society organizations globally to identify groups needing cybersecurity support. This network helps expand Project Galileo's reach and impact. Despite significant funding cuts faced by many partners in 2025, Cloudflare reported continued efforts to protect vulnerable communities. The company expressed gratitude toward its civil society partners for their ongoing role in identifying at-risk organizations. In conclusion, Cloudflare reaffirmed its commitment to creating a more secure, resilient, and open internet for all by defending essential public interest organizations through Project Galileo.
Yahoo
4 days ago
- Business
- Yahoo
WTW appoints Farah Ismail Senior Director, Head of Commercial Lines within its Insurance Consulting & Technology business
NEW YORK, June 16, 2025 (GLOBE NEWSWIRE) -- WTW (NASDAQ: WTW), a leading global advisory, broking, and solutions company, has announced the appointment of Farah Ismail as Senior Director, Head of Commercial Lines within its Insurance Consulting and Technology (ICT) business in North America. Farah brings more than fifteen years of experience across a wide spectrum of commercial insurance lines, including both specialty (Excess & Surplus Lines, Cyber, Healthcare, Environmental, Directors & Officers, Errors & Omissions, Surety) and non-specialty (General Liability, Property, Commercial Auto, Workers' Compensation) products. Her background spans underwriting, pricing, product development, and claims, providing a well-rounded perspective on the commercial insurance landscape. Based in New York and reporting to Laura Doddington, Head of Personal & Commercial Lines Consulting & Technology, Farah will shape and execute the go-to-market strategy for North America within the Commercial Lines space. She will bring value to clients by helping to refine their pricing and underwriting strategies to aid them in more quickly identifying changes in risk and responding to emerging trends. Farah will focus on delivering stronger portfolio performance by leveraging new and emerging technologies, including WTW's end-to-end analytics platform, Radar. Doddington commented, 'Farah brings a unique understanding of the insurance space, and her broad experience leveraging analytics and technology to solve client problems will bring tremendous value to our Commercial Lines clients. I am delighted to welcome Farah to the team.' About Insurance Consulting and Technology (ICT) WTW's Insurance Consulting and Technology business serves the insurance industry with a powerful combination of advisory services and leading-edge technology. Our mission is to innovate and transform insurance, and we deliver solutions that help clients better select, finance, and manage risk and capital. We work with clients of all sizes globally, including most of the world's leading insurance groups. Over 1,000 client companies use our specialist insurance software on six continents. With over 1,700 colleagues in 35 markets, we continually strive to be a partner and employer of choice to the insurance industry. About WTW At WTW (NASDAQ: WTW), we provide data-driven, insight-led solutions in the areas of people, risk and capital. Leveraging the global view and local expertise of our colleagues serving 140 countries and markets, we help organizations sharpen their strategy, enhance organizational resilience, motivate their workforce and maximize performance. Working shoulder to shoulder with our clients, we uncover opportunities for sustainable success—and provide perspective that moves you. Learn more at Media Contact Douglas +1 (516) 972-0380 Arnelle +1 (718) 208-0474Sign in to access your portfolio
Yahoo
4 days ago
- Business
- Yahoo
WTW appoints Farah Ismail Senior Director, Head of Commercial Lines within its Insurance Consulting & Technology business
NEW YORK, June 16, 2025 (GLOBE NEWSWIRE) -- WTW (NASDAQ: WTW), a leading global advisory, broking, and solutions company, has announced the appointment of Farah Ismail as Senior Director, Head of Commercial Lines within its Insurance Consulting and Technology (ICT) business in North America. Farah brings more than fifteen years of experience across a wide spectrum of commercial insurance lines, including both specialty (Excess & Surplus Lines, Cyber, Healthcare, Environmental, Directors & Officers, Errors & Omissions, Surety) and non-specialty (General Liability, Property, Commercial Auto, Workers' Compensation) products. Her background spans underwriting, pricing, product development, and claims, providing a well-rounded perspective on the commercial insurance landscape. Based in New York and reporting to Laura Doddington, Head of Personal & Commercial Lines Consulting & Technology, Farah will shape and execute the go-to-market strategy for North America within the Commercial Lines space. She will bring value to clients by helping to refine their pricing and underwriting strategies to aid them in more quickly identifying changes in risk and responding to emerging trends. Farah will focus on delivering stronger portfolio performance by leveraging new and emerging technologies, including WTW's end-to-end analytics platform, Radar. Doddington commented, 'Farah brings a unique understanding of the insurance space, and her broad experience leveraging analytics and technology to solve client problems will bring tremendous value to our Commercial Lines clients. I am delighted to welcome Farah to the team.' About Insurance Consulting and Technology (ICT) WTW's Insurance Consulting and Technology business serves the insurance industry with a powerful combination of advisory services and leading-edge technology. Our mission is to innovate and transform insurance, and we deliver solutions that help clients better select, finance, and manage risk and capital. We work with clients of all sizes globally, including most of the world's leading insurance groups. Over 1,000 client companies use our specialist insurance software on six continents. With over 1,700 colleagues in 35 markets, we continually strive to be a partner and employer of choice to the insurance industry. About WTW At WTW (NASDAQ: WTW), we provide data-driven, insight-led solutions in the areas of people, risk and capital. Leveraging the global view and local expertise of our colleagues serving 140 countries and markets, we help organizations sharpen their strategy, enhance organizational resilience, motivate their workforce and maximize performance. Working shoulder to shoulder with our clients, we uncover opportunities for sustainable success—and provide perspective that moves you. Learn more at Media Contact Douglas +1 (516) 972-0380 Arnelle +1 (718) 208-0474Sign in to access your portfolio
Yahoo
13-06-2025
- Business
- Yahoo
CoreWeave (CRWV) Is on Wall Street's Radar—But One Analyst Says It's a Trap
CoreWeave, Inc. (NASDAQ:) is one of the 10 AI Stocks on Wall Street's Radar. On June 10, DA Davidson analyst Gil Luria reiterated an 'Underperform' rating on CoreWeave, Inc. (NASDAQ:CRWV) with a $36.00 price target. The firm stated that CoreWeave had disclosed a pro forma contract financing structure example to analysts a day before, which indicated that shareholders will get some returns during the duration of the contracts being signed. However, it believes that the disclosure, even if accepted at face value, 'very clearly illustrates the exact opposite point.' Luria highlighted how there is no upfront equity and no returns to current equity holders during the contract. While the company assumes a 15% equity, the analyst also stated that CoreWeave does not have equity capital to invest and is instead relying on other forms of non-project debt. Such a step would require an additional $590 million, which would result in 'literally wiping out any cash they are claiming to generate for shareholders.' The firm also believes that the illustrative interest rate indicates that all of the company's previous deals are likely unprofitable. Moreover, while AI enthusiasm may likely fuel expansion, it would require the company to raise more than $10 billion in equity capital at the current share price so that it can justify the next two years of projects. This seems as the only significant upside risk to DA's analysis. While we acknowledge the potential of CRWV as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and Disclosure: None. Fehler beim Abrufen der Daten Melden Sie sich an, um Ihr Portfolio aufzurufen. Fehler beim Abrufen der Daten Fehler beim Abrufen der Daten Fehler beim Abrufen der Daten Fehler beim Abrufen der Daten
