Latest news with #highgrade
Bloomberg
a day ago
- Business
- Bloomberg
Corporate Cash Levels Are Starting to Fall
The latest earnings period brought what might be an early warning sign about credit quality for high-grade US companies. Cash levels at blue-chip companies are shrinking, when excluding results from the most-cash-rich corporations. Among members of the S&P 500 that have posted results, cash levels for the latest quarter fell nearly 1% compared with the last three months of 2024. That's according to a Bloomberg News analysis that focuses on non-financial companies with less than $30 billion of cash.
Globe and Mail
15-05-2025
- Business
- Globe and Mail
CEO Clips - Cascadia Minerals Opens New Copper-Gold Frontier in the Yukon
Cascadia Minerals is exploring uncharted copper-gold terrain in the Yukon's Stikine Terrane, with new high-grade discoveries and a fully funded drill program planned for This Matters Exploration company targeting untapped copper-gold potential in Canada's Stikine Terrane Cascadia Minerals is breaking new ground in a part of the Yukon that has seen little to no historical exploration—despite its geological similarities to British Columbia's prolific copper-gold belts. As one of the first companies to explore the Stikine Terrane in the Yukon, Cascadia is uncovering high-grade mineralization in areas that have been overlooked for decades. The company recently made a new copper-gold discovery just 10 kilometres from road and power access, reporting over 1,000 grams of gold per tonne at surface in some samples. Fully funded for its 2025 exploration campaign, Cascadia is preparing to drill this newly identified high-grade zone while advancing a pipeline of other early-stage targets across its broader land package in the Yukon and British Columbia. Key Takeaways First mover in Yukon's underexplored Stikine Terrane Exploring for copper and gold in the Yukon and BC New discovery with over 1,000 g/t gold in early surface samples Project located just 10 km from road and power access Fully funded and preparing to drill newly identified high-grade zones Full Transcript Cascadia Minerals is exploring in the Yukon and looking around in BC as well, primarily for copper and gold. We're kind of the first movers in the Yukon in what's called the Stikine Terrane, and that's Stikine Terrane is what hosts a major copper gold projects and mines in British Columbia. And nobody's ever really looked at it. Whereas we're the first people going in there. We found the cash project, and we're finding more new targets in areas where people have never even explored before in the history of the Yukon, or cash property is ten kilometers from the road and power, and we made a brand new discovery. We're finding over 1000 gram gold material on that target, which is spectacular. I've never seen that before in my life. You know, we're fully funded for a great program. We're going to drill that high grade amp zone in a couple of months. So we have a great pipeline of other projects coming online, and we actually have a lot going on. We're well funded and it's going to be a great year.
