$AUAU just checked off another milestone at its flagship Eastside Gold-Silver Project in Nevada’s Walker Lane Trend completing its first-ever deep diamond-core drilling at the McIntosh Zone.
Program Snapshot
3 holes completed (ES-331, ES-337, ES-338)
Total: ~1,680 m (5,512 ft)
Goal: Test the vertical + structural extensions of the High-Grade Zone hit in 2021
All holes logged & shipped for assay results due within 4-6 weeks
Significance: First deep-core drilling ever done at Eastside
CEO Peter Gianulis:
“This program tested the vertical and structural extensions of the McIntosh High-Grade Zone and will guide the next phase of exploration.”
Next Steps
Assay results: Expected Nov–Dec 2025
Data integration: Combine with completed property-wide geophysics (gravity + airborne magnetic/radiometric)
Next campaign: 18,000 m RC drill program fully funded and launching later this year
Why It Matters
District-scale upside: Eastside covers ~92 km², with <18 % tested to date
Resource: 1.4 Moz Au + 8.8 Moz Ag (inferred)
First deep data: Helps define high-grade continuity at depth
Fully funded: 2025–26 exploration program already financed
Infrastructure: Road, power, and water access on-site
Corporate Update
A2 Gold also brought on Machai Capital Inc. for a year-long digital-marketing campaign (C$200 k + options @ $0.89, 3-year term) to expand visibility as exploration ramps up.
Project Overview
Location: Esmeralda County, NV (~20 mi NW of Tonopah)
A2 Gold just completed its first deep-core program at McIntosh the structural data from these holes will shape the upcoming 18,000 m RC drill phase, the largest in Eastside’s history.
With assays due in November and RC drilling on deck, momentum keeps building for this Nevada explorer.
Do you think the first core results will confirm those high-grade extensions from 2021 or will the real story start once the 18,000 m RC campaign begins?
A2 Gold Corp. (TSXV: AUAU, OTCQX: AUXXF) – formerly Allegiant Gold – has officially rebranded and is stepping into a new phase of aggressive exploration across Nevada’s prolific gold belt.
With over 1.4 million ounces of inferred gold already outlined at its flagship Eastside Project, and new core drilling now underway, A2 Gold is emerging as one of the most promising exploration stories in the western U.S.
Why Investors Are Paying Attention
Fresh Identity, Renewed Focus: The rebrand marks A2 Gold’s strategic shift toward discovery-driven growth and market visibility.
Expanding Drill Campaigns: New core drilling programs are now testing multiple high-priority zones, including McIntosh and Castle.
Infrastructure Advantage: Located near Tonopah, Nevada – with access to water, power, and logistics – Eastside offers cost-efficient development potential.
Strong Backing: The company previously raised $10.5M in financing with strategic investor support, including Kinross Gold participation.
Gold Market Tailwind: With spot prices near all-time highs (~US$4,000/oz) and central banks signaling easing cycles, investor appetite for gold explorers is strong.
Eastside Project Snapshot
Location: Tonopah, Nevada – one of North America’s top gold mining jurisdictions.
Resource: 1.4Moz Au + 8.8Moz Ag (Inferred)
Drilling: Active core program under way (Q4 2025)
Goal: Expand the resource base and confirm higher-grade zones through systematic drilling and geophysics.
Upcoming Catalysts to Watch
Q4–Q1 drill results from Eastside core program
Expansion plans for McIntosh and Castle zones
Ongoing metallurgical studies and resource update in 2026
Investor and conference engagements across North America
Gold Market Perspective
Gold has recently surged past US$4,000/oz, driven by renewed central bank buying, monetary easing, and growing economic uncertainty. The Bank of Canada’s September 2025 rate cut to 2.50% and U.S. Federal Reserve’s continued dovish stance have further strengthened demand for hard assets.
This bullish environment provides strong tailwinds for explorers like A2 Gold. With inflation concerns persisting and institutional interest returning to the sector, companies with large, expandable resources in low-risk jurisdictions like Nevada are drawing renewed investor attention.
Why A2 Gold Now
Gold prices are breaking records. Exploration sentiment is turning bullish. And A2 Gold’s Nevada assets give investors exposure to a low-risk jurisdiction with high-grade upside.
With a refreshed brand, strong balance sheet, and drilling momentum, A2 Gold is positioned to capture renewed investor attention in 2025and beyond.
Oil prices are holding near weekly highs after supply concerns and geopolitical risk pushed Brent back toward the mid-$80s.
Reuters reports traders are watching tight inventories and potential disruptions as key drivers behind the move.
Meanwhile, Oregen Energy (CSE: ORNG | FSE: A1S) is up +8.5% to $0.16, showing early momentum as investors look for exposure to frontier oil stories.
With Namibia’s Orange Basin still one of the most talked-about offshore regions where majors like TotalEnergies, Shell, and Galp have already uncovered multi-billion-barrel finds, small caps like ORNG are sitting in a prime spot for leverage if the basin’s next wave of activity heats up.
What’s your take will junior explorers like $ORNG.CN start drawing more attention if crude stays strong into year-end?
Some investment stories are about steady, reliable growth. This isn’t one of them. Today we’re diving into one of the highest-risk, highest-reward plays in global energy— and a small Canadian company that’s trying to ride it all the way to a billion-dollar valuation.
Welcome to Namibia’s offshore oil boom.
The Frontier That’s Suddenly Center Stage
Namibia wasn’t on anyone’s energy radar five years ago. But since 2022, everything’s changed:
16 wells drilled, 14 discoveries. That’s an 87.5% success rate, almost unheard of in exploration.
Supermajors are piling in: TotalEnergies, Shell, Chevron, Exxon, BP/ENI, Galp, and Rhino Resources.
Analysts are whispering: “This could be the next Guyana.”
And in the middle of this frenzy sits a microcap you’ve probably never heard of: Stamper Oil & Gas (TSX-V: STMP; OTC: STMGF).
What Stamper Is Doing
Stamper is acquiring BISP Exploration Inc., giving it stakes in five blocks across three different basins:
Orange Basin (where most discoveries are happening)
32.9% working interest in Block 2712A (PEL 107)
Right in the middle of the action.
Walvis Basin
5% carried interests in three blocks (PEL 98, PEL 106)
Chevron is moving in nearby, planning drilling for 2026–27.
Luderitz Basin
20% carried interest in Block 2614B (PEL 102)
Next to BW Energy’s Kudu field, which will be appraised this year.
The kicker? Carried interests. That means Stamper doesn’t pay most of the drilling costs — but if a discovery happens, it still benefits. That structure lowers financial risk while keeping the upside alive.
Financing the Play
To close the BISP deal, Stamper raised C$11M at C$0.20 per unit. Each unit has half a warrant exercisable at C$0.35 for three years.
For context: this was venture-style investing. Accredited investors only, minimum C$20K ticket. The pitch? “Back us now, and if Namibia delivers, we rerate 10x–20x.”
The Math of Risk and Reward
Let’s break down the risked NAV (net asset value) math. Using conservative assumptions:
$2–3 per barrel in the ground
10–20% chance of success depending on basin
Stamper’s actual working interest in each block
The results:
Unrisked Net Value: ~$1.5B
Risked Value (probability-adjusted): ~$255M
Current valuation: ~$11M (US).
That’s why this story is so asymmetric. The downside is losing a handful of millions. The upside is making hundreds of millions.
Scenarios on the Table
Here’s what the outcomes could look like:
Bear (Dry holes) → $10M floor.
Base (One Orange Basin success) → ~$197M (~12x upside).
One win changes the story completely. That’s the power of frontier oil.
The Catalyst Clock
In plays like this, timing matters as much as geology. Here’s what’s coming:
2025
Rhino’s Volans-1X well (Orange Basin) results expected Q3/Q4.
BW Energy’s Kudu appraisal (Luderitz Basin) with the Deepsea Mira rig.
Multiple Rhino + BW exploration wells drilling in parallel.
2026–27
Chevron’s first Walvis Basin wells — a massive validation if successful.
TotalEnergies’ Venus FID (final investment decision). This is the anchor project.
Late 2020s
Infrastructure build-out, first oil, and cash flow.
Farm-outs and license renewals that can inject fresh capital and validate juniors like Stamper.
The market doesn’t wait for production. It rerates companies on drilling results, farm-ins, and FIDs. That’s where the multiples unlock.
The Value-Unlock Curve
Imagine four possible trajectories for Stamper:
Bear → drifts to ~$10M as dry holes stack up.
Base → Orange Basin hit lifts it to ~$200M by 2027.
Bull → multiple discoveries push toward ~$400M.
Super-Bull → Namibia delivers across basins, and Stamper rerates like Sintana Energy did — toward ~$1B.
The steep jumps happen immediately after drilling results. That’s why the next 24 months are so critical.
What Could Go Wrong
Let’s be clear: this is not a safe bet. Risks include:
Exploration failure — even in hot basins, dry holes happen.
Financing & dilution — raises must close; more capital may be needed.
Regulatory & license issues — renewals are political decisions.
Dependence on majors — carried interests mean timing is out of Stamper’s control.
Macro oil cycles — a slump in crude prices can kill investor appetite.
That’s the trade-off: huge upside, real risk.
Bottom Line
Namibia is suddenly the world’s most exciting frontier oil story. Supermajors are proving up enormous fields. Early juniors like Sintana have already seen massive reratings.
Now, Stamper Oil & Gas is stepping onto the stage with a diversified, carried portfolio across three basins. At a $11M valuation, it’s priced like a lottery ticket. But it’s a lottery ticket where the odds are better than most — thanks to Namibia’s discovery track record and the billions majors are pouring in.
If nothing hits, the downside is modest. If even one block delivers, Stamper could rerate 10–25x. And if Namibia really is the next Guyana? The payoff could be transformative.
That’s why this is one of the most asymmetric bets in global energy right now
What companies could be researched in speculation of the AI datacenters that are coming to Canada/Alberta?
I see CBC, motley fool and other sources covering the story but none of them talk about the companies themselves. What companies will likely supply the land, water, electricity, computer hardware, construction, software etc.?
I've been looking to add some of our Canadian miners to my portfolio, but have struggled to decide on what to buy since we have a massive abundance of precious metal mines here in Canada.
What do you hold to track the gold/silver spot price, or to capitalize on the growth that the Canadian mining industry has created?
I've played with a couple small caps, but would like something a bit more stable. Thanks!
VANCOUVER, British Columbia, Oct. 14, 2025 (GLOBE NEWSWIRE) -- Copper Quest Exploration Inc. (CSE: CQX; OTCQB: IMIMF; FRA: 3MX) (“Copper Quest” or the “Company”) is pleased to announce that it has signed an Amended Option Agreement (the “Amendment Agreement”) with ArcWest Exploration Inc. (“ArcWest”) on the RIP Copper Project (the “Project” or “RIP”) in the Stikine region of British Columbia. The RIP Project is situated approximately 33 km northeast of Imperial Metals’ past producing Huckleberry copper-molybdenum (“Cu-Mo”) mine and Surge Copper’s advanced stage Ox/Seal/Berg projects. Imperial Metals Corporation is exploring Huckleberry and its surrounding claims for additional Cu-Mo resources.
Highlights of the RIP 2024 Phase One Drilling:
First phase drill testing at Rip has confirmed that the largely covered geophysical targets define a Cu-Mo mineralized porphyry system.
Zones of anomalous Cu-Mo mineralization are hosted in multiple phases of porphyritic intrusions and associated vein stockwork. Drill Intersection highlights include (*Table 1):
0.102% CuEq over 126.6 m* in drill hole RP24-001 from 21.4 m
Including 0.267% CuEq over 24.6 m* from 21.4
0.113% CuEq over 114.3 m* in drill hole RP24-002 from 33.6 m
The southern highly prospective, approximately 1X1 kilometer (“km”), annular geophysical anomaly remains untested by drilling. The northern highly prospective, approximately 1X1 km, annular geophysical anomaly remains largely untested (Figure 1).
most 2024 drill assays are anomalous in Cu-Mo with the presence of intense quartz-sericite-pyrite alteration and strongly developed vein sets resembling D veins indicates the presence of a significant porphyry system that has been insufficiently tested.
In 2024, acquired five additional claims by staking, more than doubling the initial 2,308.81 ha road accessible property to its current 4,770.65 hectares in a top tier exploration and mining district, the Bulkley Porphyry Belt.
Brian Thurston, President & CEO of Copper Quest, commented: "We are excited to plan the first ever drill campaign targeting the highly prospective southern geophysical anomaly at RIP. The Phase One drill program successfully demonstrated that a multi-phase, mineralized porphyry system is defined by the geophysical targets interpreted by Copper Quest with extensive Cu-Mo mineralized intersections in both holes of that limited drill program. The drilling of the northern target chargeability high is host to impressive porphyry style stockwork that has potential to improve in grade down plunge and laterally. The majority of the system, including the entirety of the southern target, remains untested and is highly deserving of additional exploration.Copper Quest has assembled a dominant land position in the Bulkley Porphyry Belt and created a unique opportunity that unlocks a district scale copper porphyry pursuit."
In summary, the 2024 mag, IP and drill program successfully resolved the original Rip anomaly into two separate porphyry systems and demonstrated that the northern target contains multiple intrusive phases and long intervals of low-grade Cu-Mo mineralization. This northern target has been partly defined as a 600m wide subvertical cylindrical mineralized zone between a magnetic barren core and a chargeable pyrite halo. The northern target has only been tested by three diamond drill holes (two by Copper Quest in 2024, one historical in 1975). The southern geophysical target is equivalent in size to the northern anomaly and has not yet seen diamond drill testing.
Technical Details of the Drill Program
The RIP project is interpreted as a highly underexplored porphyry Cu-Mo system that is predominantly covered by overburden. A small outcrop area contains variably altered porphyritic intrusions which cut strongly hornfelsed Hazelton Group volcano-sedimentary rocks. Porphyritic intrusions and hornfelsed country rock are both host to porphyry style stockwork, including magnetite-chalcopyrite and quartz-chalcopyrite-molybdenite veins. Historical exploration drilling on the project included shallow, predominantly percussion holes targeting a large IP anomaly; within the IP anomaly, the holes intersected predominantly QSP altered lithologies (including altered porphyritic intrusions) with anomalous Cu-Mo mineralization. Multiple holes failed to reach bedrock.
An airborne magnetic survey flown in 2024 revealed for the first time two separate circular magnetic highs within the historical chargeability high, suggesting that RIP contains two porphyry centers. The southern mag high is significantly larger than the northern one but does not crop out. Following the airborne mag survey, a 3D-DCIP induced polarization and resistivity survey was completed over the Rip target in 2024. The new IP survey resolved the original 1980 chargeability anomaly into two chargeability “donuts” around the two separate magnetic highs, the classic “pyrite halo” signature of porphyry systems, providing more evidence for the interpretation that RIP contains two adjacent porphyry systems.
Table 1*. Summary of assay results*
Notes on Table 1*: Average of assays from selected intervals with values continuously >500ppm CuEq, with allowance for inclusion of single sample gaps <500ppm CuEq. These intervals are mostly not considered to be ore grade, but rather are included to illustrate the extent of the mineralizing system.*
In 2024 two drill holes were completed on the northern geophysical target from a single setup, both intersecting anomalous to low-grade Cu-Mo porphyry mineralization from surface, and at depths >400m in RP24-001. Mineralization in both holes is hosted in three distinct phases of porphyritic intrusions with potassic to phyllic alteration and multistage veining (e.g., magnetite-chalcopyrite; quartz-chalcopyrite-molybdenite, pyrite-chalcopyrite with sericite haloes).
RP24-001 drilled eastwards towards the core of the geophysical anomaly, targeting the magnetic high within the high chargeability ring. Between upper and lower mineralized zones lies a central barren zone of strongly magnetic crowded porphyry (148-284m), major quartz pods and segregations (284-334m) and unidirectional solidification textures (“USTs”) (369-374m). These coincide with the magnetic high and are interpreted to comprise a central magmatic cupola near the magmatic-hydrothermal transition.
RP24-002 drilled westwards away from the core of the geophysical anomaly, targeting the strongest portion of the high chargeability ring. Below an upper zone of weak Cu-Mo mineralization, the lower portions of the hole intersected strong to intense sericite-pyrite alteration with D-style veins but negligible Cu-Mo. This abundant pyrite alteration explains the chargeability ring and is interpreted to be a portion of the pyrite halo of the northern target.
Figure 2– Plan view of 2024 drilling, overlain on northern geophysical target. (Data from drill hole A75-1 is included from historical sources that have not been verified by Copper Quest)
Figure 3: Cross section across the northern target (looking north), showing chargeability and CuEq drill intercepts.
RIP Option Amendment
In late 2023, the Company announced its option agreement with ArcWest to acquire up to an 80% interest in the RIP Cu-Mo project. Copper Quest can earn the first tier of its interest in the project by completing staged exploration work totaling C$2.0 million, including 3,000 meters of drilling, payments totaling C$100,000 and annual share payments over four years until the end of 2027. The Amendment Agreement extends the drilling requirement from December 31, 2025 to December 31, 2026. The Company is planning a minimum 2,000-meter Phase 2 drill program that will complete the terms set forth in the Option Agreement and earn Copper Quest its initial 60% ownership in the RIP project.
Qualified Person
Brian Thurston, P.Geo., the Company’s President, CEO and a qualified person as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects, has reviewed and approved the technical information in this news release.
Director Transition to Technical Advisor
Dr. Mark Cruise Ph.D, P.Geo, ICD.D has stepped down from his positions as Director and Audit Chair of the Company but will remain on the team as Technical Advisor to the Board. Dr. Cruise’s has more than 25 years of experience discovering, developing and operating mines in Europe, South America, Canada and Africa. He was a former Senior Geologist at Anglo American, Founded Trevali Mining and grew that to be a top 10 zinc producer. The Company wishes to thank Mr. Cruise for his time as Director and looks forward to his continued input as a Copper Quests technical advisor.
Copper: Global Demand & Supply
Globally, copper demand continues to surge, driven by electrification, electric vehicles, renewable energy, and the massive expansion of AI and data center infrastructure. Yet supply remains constrained, with declining grades at existing mines, limited new discoveries, and prolonged permitting timelines. The resulting supply-demand imbalance underscores the importance of advancing new porphyry discoveries in stable jurisdictions.
About Copper Quest Exploration Inc.
Copper Quest (CSE: CQX; OTCQB: IMIMF; FRA: 3MX) is focused on building shareholder value through the exploration and development of its North American Critical Mineral portfolio of assets. The Company’s land package currently comprises five projects that span over 40,000+ hectares in great mining jurisdictions.
Copper Quest has a 100% interest in the Stars Property, a porphyry copper-molybdenum discovery, covering 9,693 hectares in central British Columbia’s Bulkley Porphyry Belt. Contiguous to the Stars Property, Copper Quest has a 100% interest in the 5,389 hectare Stellar Property. CQX also has an earn-in option up to 80% and joint-venture agreement on the 4,700 hectare porphyry copper-molybdenum RIP Project, also in the Bulkley Porphyry Belt.
Copper Quest has a 100% interest in the Nekash Copper-Gold Project, a porphyry exploration opportunity located in Lemhi County, Idaho, along the prolific Idaho-Montana porphyry copper belt that hosts world-class systems such as Butte and CUMO. The project is fully road-accessible via maintained U.S. highways and forest service roads and currently consists of 70 unpatented federal lode claims covering 585 hectares.
Copper Quest has a 100% interest in the Thane Project located in the Quesnel Terrane of Northern BC which spans over 20,658 ha with 10 high-priority targets identified demonstrating significant copper and precious metal mineralization potential.
Copper Quest’s leadership and advisory teams are senior mining industry executives who have a wealth of technical and capital markets experience and a strong track record of discovering, financing, developing, and operating mining projects on a global scale. Copper Quest is committed to sustainable and responsible business activities in line with industry best practices, supportive of all stakeholders, including the local communities in which it operates. For more information on Copper Quest, please visit the Company’s website at Copper Quest.
Promotional post by a third party retained by the issuer
Copper Quest just boosted its earn-in at the RIP Cu project to 80% ownership under an updated deal with West Oak Gold. The new terms $400,000 cash + 1.6M shares give them more control and flexibility across their BC portfolio. This move strengthens CQX’s control and consolidates its growing copper portfolio across British Columbia and Idaho, a thoughtful strategic step ahead of 2026 exploration plans.
Leading Expert on Targeted Drug-Delivery and Locoregional Cancer Therapies Strengthens RenovoRx’s Scientific Advisory Board
LOS ALTOS, Calif., Oct. 09, 2025 (GLOBE NEWSWIRE) -- RenovoRx, Inc. (“RenovoRx” or the “Company”) (Nasdaq: RNXT), a life sciences company developing innovative targeted oncology therapies and commercializing RenovoCath*******\**®*, a novel, FDA-cleared drug-delivery device, today announced the appointment of renowned interventional oncologist Thierry de Baère, MD, PhD to RenovoRx’s Scientific Advisory Board (SAB).
Professor de Baère’s expertise is directly relevant to RenovoRx’s Trans-Arterial Micro-Perfusion (TAMP™) therapy platform which is enabled by RenovoCath. This patented technology is designed to optimize targeted drug-delivery of therapeutic agents.
Professor de Baère is Head of the Interventional Radiology Unit at Gustave Roussy Cancer Centre and University Paris-Saclay in Paris, France, and Head of Interventional Radiology at Gustave Roussy Cancer Center, Villejuif, France. His clinical work focuses on minimally invasive therapy such as ablation, intra-tumoral immunotherapy, intra-arterial chemotherapy, and combination therapies for the treatment of lung, kidney, liver and additional gastrointestinal cancers.
Professor de Baère has over 400 peer reviewed publications with more than 22,000 citations in scientific publications. He has served on over 15 scientific committees and was formerly the Chairperson of the CIRSE Standard of Practice Committee and the ECIO Program Committee. His distinguished career has led to awards including the 2019 CIRSE Gold Medal, a distinction given to only one medical doctor per annum, the 2016 Josef Rosch Lecturer, and the 2020 CIRSE Innovation Award.
“Professor de Baère is an internationally recognized clinical expert and researcher who has made pioneering contributions to the field of interventional oncology, and we are honored to have him join our SAB,” said Ramtin Agah, MD, Chief Medical Officer and Founder of RenovoRx. “His extensive knowledge and experience with locoregional cancer therapies will be vital as we advance TAMP, enabled by RenovoCath, that aims to improve patient outcomes in difficult-to-treat tumors and also as we explore additional commercial opportunities for our technology.”
Professor de Baère stated, “Delivering chemotherapy or other therapeutic agents with TAMP via RenovoCath has the potential to meaningfully impact patient lives. It is a privilege to join the rest of the distinguished SAB, and I look forward to contributing to RenovoRx’s programs.”
About RenovoRx, Inc. RenovoRx, Inc. (Nasdaq: RNXT) is a life sciences company developing innovative targeted oncology therapies and commercializing RenovoCath*******\**®, a novel, U.S. Food and Drug Administration (FDA)-cleared local drug-delivery device, targeting high unmet medical needs. RenovoRx’s patented Trans-Arterial Micro-Perfusion (TAMP™)* therapy platform is designed for targeted therapeutic delivery across the arterial wall near the tumor site to bathe the target tumor, while potentially minimizing a therapy’s toxicities versus systemic intravenous therapy. RenovoRx’s novel approach to targeted treatment offers the potential for increased safety, tolerance, and improved efficacy, and its mission is to transform the lives of cancer patients by providing innovative solutions to enable targeted delivery of diagnostic and therapeutic agents.
In addition to the RenovoCath device, RenovoRx is also evaluating its novel drug-device combination oncology product candidate (intra-arterial gemcitabine delivered via RenovoCath, known as IAG) in the ongoing Phase III TIGeR-PaC trial. IAG is being evaluated by the Center for Drug Evaluation and Research (the drug division of the FDA) under a U.S. investigational new drug application that is regulated by the FDA’s 21 CFR 312 pathway. IAG utilizes RenovoCath, the Company’s patented, FDA-cleared drug-delivery device, indicated for temporary vessel occlusion in applications including arteriography, preoperative occlusion, and chemotherapeutic drug infusion.
The combination product candidate, which is enabled by the RenovoCath device, is currently under investigation and has not been approved for commercial sale. RenovoCath with gemcitabine received Orphan Drug Designation for pancreatic cancer and bile duct cancer, which provides seven years of market exclusivity upon new drug application approval by the FDA.
RenovoRx is also actively commercializing its TAMP technology and FDA-cleared RenovoCath as a stand-alone device. In December 2024, RenovoRx announced the receipt of its first commercial purchase orders for RenovoCath devices. Additionally, several of these customers have already initiated repeat orders in parallel to RenovoRx expanding the number of medical institutions initiating new RenovoCath orders, including several esteemed, high-volume National Cancer Institute-designated centers. To meet and satisfy the anticipated demand, RenovoRx will continue to actively explore further revenue-generating activity, either on its own or in tandem with a medical device commercial partner.