Latest news with #GoldenCross
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Business Standard
5 days ago
- Business
- Business Standard
Bullish Bets: RIL, Dixon, 10 other stocks form 'Golden Cross'; check list
Technically, the Golden Cross formation is considered as a positive development for the stock. Here's a detailed list of 12 Nifty 500 stocks with Golden Cross formation on May 30, 2025. Listen to This Article Amid the on-going pullback in the market, with the broader Nifty 500 index seeing a 17.3 per cent rally from a low of 19,520 hit on April 7, several stocks too have managed to log smart gains. On Friday, while the benchmark Nifty 60 and the broader - Nifty 500 indices consolidated in trades, a total of 12 out of the Nifty 500 stocks, including Reliance Industries, witnessed formation of a 'Golden Cross' also commonly known as 'Golden Crossover' on the daily technical charts. Technically, Golden Crossover is considered as a positive development, as the short-term (50-Day) moving
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Business Standard
21-05-2025
- Business
- Business Standard
Bitcoin breaks past $107k resistance: Is a new all-time high on horizon?
Crypto markets were buzzing in trade on Wednesday, May 21, 2025, with flagship currency Bitcoin (BTC) holding above the $107,500 levels. Market analysts believe this breakout above $107,500 levels could potentially open the door toward $110,000 and new all-time highs. The bellwether currency was quoted trading at around $107,575.86, up by 1.32 per cent at 10:46 AM on Wednesday, May 21. The world's most popular cryptocurrency had a 24-hour trading volume of $50.84 billion. Bitcoin's market capitalisation stood at $2.13 trillion, the highest among all cryptocurrencies. The last 24-hour trading range for Bitcoin was between $104,206.52 and $107,664.50, according to data from CoinMarketCap. Bitcoin eyes $110,000 Riya Sehgal, research analyst at Delta Exchange, believes that Bitcoin has built a strong base above the $106,000 mark, indicating solid buyer interest at lower levels. This breakout above $107,500, Sehgal believes, could potentially open the door toward $110,000 and new all-time highs. For Bitcoin, Vikram Subburaj, CEO of Giottus Crypto Platform, believes that liquidity grabs can dictate its short-term price action—a short squeeze at $109,000 followed by a long liquidity grab at $101,000. "Spot ETF inflows have dipped yesterday in a sign that a correction is in order. However, any move down is likely to be a final correction before the asset breaks through its January high," said Subburaj. Notably, Bitcoin is currently 1.42 per cent lower from its all-time high of $109,114.88, scaled on January 20 of this year. Ethereum holds above $2,500 Ethereum, on the other hand, has been showing stronger relative strength, gaining nearly 60 per cent over the last month and outperforming Bitcoin. It is trading around the $2,500 mark, a key psychological resistance. Last seen, it was quoted trading at $2,577.99, up 0.38 per cent, with a trading volume of $21.94 billion. It has fluctuated in the range of $2,446.45 - $2,576.29 in the last 24 hours. Ethereum's market cap stood at $312.01 billion, making it the second-largest cryptocurrency by market capitalisation. "For Ethereum, while structural indicators like the Golden Cross and ascending trendlines suggest a bullish setup, on-chain data points to short-term overheating. Elevated trading volumes and profit-taking around $2,500 could trigger a minor pullback or consolidation," said Sehgal. Among other popular altcoins, Cardano (ADA) was trading higher by 2 per cent, followed by Binance Coin (BNB) at 1.63 per cent, and Solana (SOL) traded higher by 0.56 per cent. Meanwhile, Ripple (XRP) was trading lower by 3.5 per cent, down 0.11 per cent. In the near term, analysts expect volatility to remain elevated, with ETH needing to hold above $2,200 and BTC above $105,000 to sustain bullish momentum. Broader market sentiment remains cautiously optimistic as we await further confirmation of trend continuation.
Yahoo
13-05-2025
- Business
- Yahoo
Golden Cross Resources to Utilize VRIFY's AI-Assisted Mineral Discovery Platform at Its Reedy Creek High-Grade Gold Project in Victoria, Australia
Summary: Golden Cross has acquired two tenements directly north of/contiguous to Southern Cross Gold's Sunday Creek gold discovery. Past drilling has revealed high-grade gold intercepts including 11m at 31.4 g/t gold and 2m at 174.42 g/t gold1, as well as significant gold mineralization along a recently defined ~3km long gold-in-soil geochemical anomaly. DORA, VRIFY's AI-Assisted Mineral Discovery Platform, transforms exploration data into expanded, multi-dimensional insights - revealing the regional-scale controls on gold mineralization and accelerating the path to discovery. The DORA platform recently assisted similar explorers in identifying areas of high-potential mineralization that were later confirmed through drilling. Vancouver, British Columbia--(Newsfile Corp. - May 13, 2025) - Golden Cross Resources Corp (TSXV: AUX) (OTC Pink: ZCRMD) ("Golden Cross" or the "Company") is pleased to announce that it is partnering with VRIFY Technology Inc. ("VRIFY") to leverage DORA, the world's only AI-Assisted Mineral Discovery Platform at the Reedy Creek Goldfield in Victoria, Australia. The partnership will use proprietary AI and predictive modelling to accelerate and maximize discovery potential on a property immediately north of Southern Cross Gold's Sunday Creek discovery. Figure 1: Golden Cross's recently acquired high-grade gold project in Victoria, Australia To view an enhanced version of this graphic, please visit: Golden Cross recently acquired a land package (the "Property") comprising two tenements covering an area of 445km2 (Figure 1) approximately 10km northeast of Southern Cross Gold's Sunday Creek gold discovery. The Property contains the historic Reedy Creek Goldfield, situated directly north of Sunday Creek, as well as multiple other historic goldfields and high-grade gold prospects (Figure 2). Past drilling at the Property revealed high-grade gold intercepts including 11m at 31.4 g/t gold and 2m at 174.42 g/t gold.1 Limited drilling between 2021-2024 by Great Pacific Resources also revealed significant gold mineralization along a recently defined ~3km long NW-SE gold-in-soil geochemical anomaly. Gold-in-soil anomalies are critical early indicators of mineralized systems, especially in epizonal deposits where gold is often closely associated with fault zones and vein swarms near surface. Figure 2: Golden Cross's high-grade gold project contains multiple prospects with proven gold mineralization To view an enhanced version of this graphic, please visit: DORA: Purpose-Built AI for Exploration Teams Golden Cross will integrate DORA, VRIFY's AI-Assisted Mineral Discovery Platform, to refine its exploration model and prioritize high-potential areas of mineralization. DORA leverages mineral-system-specific AI models and a proprietary industry dataset to generate the VRIFY Prospectivity Score (VPS) - a predictive output used to assess and rank zones of mineral potential. The Phase 1 diamond drill program at Reedy Creek, commencing in June 2025, will be guided by predictive models generated using DORA's proprietary algorithms. Through hypothesis testing, Golden Cross will leverage the platform to define a refined and defensible targeting strategy that reduces uncertainty and maximizes the value of Golden Cross's existing data. Figure 3: Example of VRIFY's AI-Assisted Mineral Discovery Platform, DORA To view an enhanced version of this graphic, please visit: Using DORA, Golden Cross will be able to generate detailed and comprehensive predictive models for the Company's planned Phase 1 diamond drilling program at the Reedy Creek Goldfield (Figure 4, 5). Figure 4: Significant historic drill results within Golden Cross's Reedy Creek exploration target Area. To view an enhanced version of this graphic, please visit: Figure 5: Golden Cross's Phase 1 diamond drilling program will commence at the Reedy Creek Goldfield in June 2025, targeting the Prince of Wales and Wieneroider prospects. To view an enhanced version of this graphic, please visit: "We believe our Reedy Creek Project is one of the most under-explored and high-potential gold systems in Victoria," said Matt Roma, CEO of Golden Cross. "With VRIFY's DORA platform, we're introducing a new standard of technical rigor and targeting precision to this project. Our objective is to deploy capital efficiently while maximizing the potential for discovery success - and VRIFY provides the strategic advantage to help us achieve exactly that." "Golden Cross is working in one of the world's most exciting and mineral-rich regions, surrounded by high-grade discoveries and active mines," said Steve de Jong, CEO and Co-Founder of VRIFY. "They're taking a thoughtful, data-first approach to exploration - one that leverages every advantage available, including AI. We're proud to support their team as they pursue new discoveries with the urgency and intelligence this kind of ground deserves." References: 1.) Refers to Fosterville South Exploration news release dated April 27, 2022 (link here) About VRIFY VRIFY proves that AI in mineral exploration doesn't have to be a black box. Building on our successful visualization tool, we launched DORA, the world's only AI-Assisted Mineral Discovery Platform. DORA puts the power of AI into the hands of geoscientists, enabling them to find what others can't. Backed by a $12.5M Series B raise and trusted by hundreds of clients, VRIFY delivers results, including new discoveries and increased valuations. We're pioneering a new category and accelerating exploration with the industry's most advanced AI and largest proprietary dataset. To learn more about VRIFY visit About Golden Cross Resources Golden Cross Resources (TSXV: AUX) (OTC Pink: ZCRMD) is a Canadian mineral exploration company engaged in the advancement of its "Reedy Creek" high-grade gold project (the "Project") in Victoria, Australia, which is comprised of two tenements of land located approximately 10km northeast of and contiguous to Southern Cross Gold's Sunday Creek gold discovery. Past drilling at the Project revealed high-grade gold intercepts including 11m at 31.4 g/t gold and 2m at 174.42 g/t gold1. Golden Cross plans to commence its Phase 1 diamond drill program at the historic Reedy Creek Goldfield in Q2 2025 to confirm and expand known high-grade gold mineralization. For more information visit: Qualified Person The scientific and technical information contained in this news release has been reviewed and approved by Mr. Alan Till, VP Exploration and a Qualified Person for Golden Cross Resources as defined in National Instrument 43-101 - Standards of Disclosure for Mineral Projects. Mr. Till has examined information regarding the historical exploration at Golden Cross's "Reedy Creek" high-grade gold project, which includes his review of the historical sampling, analytical and procedures underlying the information and opinions contained herein. Management cautions that historical results were collected and reported by operators unrelated to Golden Cross and have not been verified nor confirmed by its Qualified Person; however, the historical results create a scientific basis for ongoing work in the Golden Cross property. Management further cautions that historical results, discoveries and published resource estimates on adjacent or nearby mineral properties, whether in stated current resource estimates or historical resource estimates, are not necessarily indicative of the results that may be achieved on the Golden Cross property. For Further Information Contact:Matt Roma, Director & CEO+1-778-736-3356info@ FORWARD LOOKING STATEMENTS This release may contain 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 and include disclosure of anticipated exploration activities. 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 forward looking statements. Forward‐looking statements are based on the beliefs, estimates and opinions of the Company's management on the date such statements were made. The Company expressly disclaims any intention or obligation to update or revise any forward‐looking statements whether as a result of new information, future events or otherwise. Such factors include, among others, risks related to: the results of the VRIFY study seeking new target areas at Reedy Creek; the ability of the Company to raise funds for exploration activities and property maintenance costs at Reedy Creek; reliance on technical information provided by third parties on any of our exploration properties; changes in project parameters as plans continue to be refined; current economic conditions; future prices of commodities; possible variations in grade or recovery rates; failure of equipment or processes to operate as anticipated; the failure of contracted parties to perform; labor disputes and other risks of the mining industry; delays due to pandemic; delays in obtaining governmental approvals, financing or in the completion of exploration, as well as those factors discussed in the section entitled "Risk Factors" in the Company's Management Discussion and Analysis which is available under Company's SEDAR profile at: Although Golden Cross has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. 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 statements. Golden Cross disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise. Accordingly, readers should not place undue reliance on forward-looking information. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. To view the source version of this press release, please visit Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
07-03-2025
- Health
- Yahoo
"A man of great heart": veterinarian and soldier Zakhar Palii killed in action
Zakhar Palii, a veterinarian and fighter from the 95th Separate Air Assault Polissia Brigade, has been killed in action. Source: Ukrainian Small Animal Veterinary Association (USAVA) on Facebook Details: "Zakhar wasn't just a top-class professional, he was also a man of great heart. He dedicated his life to caring for animals. He worked at the Druh veterinary clinic and had a passion for mountain hiking," USAVA said. Zakhar joined Ukraine's defence forces in the early days of the full-scale war. As a member of the 95th Separate Air Assault Polissia Brigade, he carried out combat missions in areas with some of the most intense fighting, including Sumy, Kherson, Donetsk and Kursk oblasts. Zakhar was just 35 when he was killed. He had been awarded several state honours for his heroism, including the Golden Cross and the Silver Cross – honorary badges from the Commander-in-Chief of the Armed Forces – and the Order For Courage, Third Class. "His comrades remember him as a man of honour, a devoted friend, and a leader who always boosted morale and understood everyone around him," USAVA emphasised. "This loss is an immense sorrow for his family, friends, colleagues, and the entire veterinary community." Zakhar's colleagues from the Druh veterinary clinic said he did more than just treat animals – he saved lives and made the world a better place. "His contribution to our clinic's development was invaluable, and we will always be grateful for the knowledge, warmth and support he gave, which remain in our hearts," his colleagues wrote. "He remained true to his calling to save lives until the very end – first at his workplace and then on the front line." Halyna Lazurchuk, director of the White Angel charity, shared that Zakhar saved the lives of many of the animals under her care. "He rescued hundreds of animals from near-certain death," she wrote in a Facebook post. "He was an extremely intelligent, talented and principled person who was always learning and improving. His expertise in differential diagnosis was unparalleled. Thank you for saving Borets when he was on the brink of death and giving him five more years of life and love. Thank you for Theodore, whom other vets would have put down when he was one month old; thanks to Zakhar, he has been bringing joy to his owners for the past eight years. Thank you for... I could go on and on." Support Ukrainska Pravda on Patreon!
