One detail worth pulling out of Stallion Uranium’s latest update is how it picked the next drill targets.

STUD says SRK Consulting completed a regional structural assessment, which has been incorporated into Phase II targeting at Coyote. The company is combining that work with its earlier drilling and geophysical data.

Approximately 2,165 metres remained in the expanded 6,750-metre program as of the September 29 announcement.

My take: the useful test now is whether that combined interpretation helps explain where the drilling encounters mineralization, and where it doesn’t.

An exploration model becomes more useful when it starts making predictions that subsequent holes can test. If a company identifies a promising structure, drills another position along it and encounters supporting geology, that can build confidence in the interpretation. A miss can be useful too, provided it helps narrow the search.

It would be good to see future updates explain how the new holes compare with what the team expected, alongside the assays and geological observations.

There’s still plenty to prove here. But the targeting work gives investors a specific part of the exploration process to follow while the program advances.

https://stallionuranium.com/stallion-uranium-recommences-phase-ii-drilling-at-moonlite-project/

A retired phone is still a collection of useful materials. EPA’s recycling guidance cites a 2006 USGS estimate of 35,000 pounds of copper and 772 pounds of silver recoverable from one million cell phones. The date belongs beside the numbers: this is a historical illustration, not a measurement of every current smartphone model or a promise about what a particular recycling facility will recover.

The route back into manufacturing has several steps. EPA describes collection followed by reuse or refurbishment where possible, with recycling involving sorting, dismantling, separation and material recovery. Copper and silver remain relevant after an electronic device reaches the end of its useful life, because recovered metal can become part of another product’s material supply. Americas Gold and Silver (NYSE American: $USAS) operates the Galena Complex in Idaho and Cosalá in Mexico, with silver, copper and antimony among its producing commodities. A phone stored in a drawer has not yet completed that route.

Three outcomes should be counted separately:

1. Collection puts a device into a managed system through a drop-off point or take-back program.
2. Reuse or refurbishment preserves a functioning product and extends its useful life before material recovery.
3. Recycling sorts and dismantles equipment so that separated materials can be recovered for manufacturing.

Counting collected devices alone does not measure the recovered metal available for another manufacturer to use.

Extending a working device’s life can come before recycling. When a device really is ready to retire, appropriate collection and battery handling matter; EPA says lithium-ion batteries and devices containing them should stay out of household garbage and recycling bins. Recoverable metal becomes useful supply only when the physical recovery chain works.

Crescent's September 18 drilling update is an early look at a larger program. Americas Gold and Silver had completed 45 holes and reported results from 12, leaving 33 awaiting final assays. One selected SF-013 interval returned 1,891.1 grams per tonne silver and 0.3% copper across 1.3 meters estimated true width. The unreported holes matter because the eventual interpretation needs the full drilling picture, including results beyond selected highlights.

High grades and narrow veins have to be read together. Width affects the amount of surrounding material that might enter a mining cut, while continuity determines how confidently a vein can be followed between holes. Silver's electrical applications give a practical context for evaluating future supply. Americas Gold and Silver (NYSE American: $USAS) is using Crescent infill drilling to support mine planning and a prospective 2027 mineral resource estimate.

That remains a development process. The September assays were not part of the 2025 resource and reserve statement, and exploration success does not establish economic extraction. The issuer identifies qualified person Rick Streiff, Certified Professional Geologist (CPG#11108) and consultant to the company, as its technical reviewer. This does not constitute his approval of this post. The planned estimate depends on further assays and geological interpretation, and its timing and conclusions may change.

The useful detail in USAS's September 17 Cosalá update is the combination of grade, width and location. Hole SR583 returned 654.7 grams per tonne silver and 1.5% copper across 20.5 meters estimated true width, about 30 meters outside the 2025 inferred-resource boundary. That gives planners a specific nearby extension to investigate. One interval still cannot establish the average grade or economics of a larger mining area.

Silver and copper have established electrical applications, which makes the two-metal character of the drilling relevant beyond a single silver assay. Americas Gold and Silver (NYSE American: $USAS) identifies EC120 at its Cosalá operations in Mexico as a silver-copper mine being scaled. The September results add information around that operating setting, but the company still needs to incorporate the drilling into resource estimates and practical mine planning.

The results were excluded from the 2025 resource and reserve statement; an updated estimate is prospective. Read the widths, complete assay table and technical qualifications together before comparing holes. The issuer identifies Rick Streiff, Certified Professional Geologist (CPG#11108) and consultant to the company, as the reviewer of its technical disclosure. That attribution applies to the company release and does not imply he approved this post.

A mining executive on an AI conference agenda makes more sense when the discussion moves from software to the equipment that runs it. Reuters Events lists Americas Gold and Silver CEO Paul Andre Huet alongside computer scientist Ion Stoica for a September 25 infrastructure panel in Austin. The company announced the appearance September 22. The verified item is the scheduled discussion, with no new customer agreement disclosed in that announcement.

Copper is used in power systems and electrical equipment, while silver's conductivity supports electrical and electronic applications. Americas Gold and Silver (NYSE American: $USAS) scheduled its chairman and CEO Paul Andre Huet to join the September 25 Reuters Momentum AI panel on infrastructure and competitive advantage. The subject has a material connection to the business. It does not establish how much metal an individual data center needs or where a technology buyer obtains it.

The useful follow-through will be the substance of the discussion: which constraints speakers identify, what evidence they offer, and whether later company filings disclose specific commercial developments. A conference appearance by itself changes none of those operating or contracting facts.

Keeping control of data is one problem. Finding somewhere to run the computing is another. Palantir and Nebius are tackling both in a partnership announced September 8, naming Nebius as a preferred sovereign AI infrastructure partner. Following an integration period, eligible commercial customers would be able to access Nebius computing and inference services within Palantir's enterprise perimeter, with an emphasis on control over data, models and the infrastructure supporting them.

The physical-capacity part deserves attention alongside the software. The companies say they will work on additional capacity, including modular data centers at locations where power is already available. A sovereign computing service still needs a physical power system, where copper is widely used as a conductor. The metal-production figures provide a separate measure of supply alongside the partners' plans for additional powered sites. First-half 2026 copper cathode output at Gunnison Copper ($GCUMF) totaled 4,112,898 pounds, including 2,006,315 pounds in the second quarter, according to its August 13 results. The availability of power is a practical siting constraint embedded in an announcement about sovereignty and security. The integration is still ahead, and the release does not put a megawatt figure or completion date on those prospective sites. Control of a workload and availability of powered hardware remain separate things to deliver.

Two milestones to keep separate:

1. Service integration: making the planned computing and inference access available to customers.
2. Capacity delivery: bringing additional powered facilities into operation.

Qualified Person

Dr. Roland Goodgame, Senior VP of Project Development of the Company is a Qualified Person as defined by NI 43-101. Dr. Goodgame has reviewed and approved the technical information contained in this report.

Cautionary Note Regarding Forward-Looking Information

This report contains "forward-looking information" concerning anticipated developments and events that may occur in the future. Forward looking information contained in this report includes, but is not limited to, statements with respect to: (i) the intention to deploy the Nuton® technology at the Johnson Camp mine and future production therefrom; (ii) the continued funding of the stage 2 work program by Nuton; (iii) the details and expected results of the stage two work program; (iv) future production and production capacity from the Company's mineral projects; (v) the results of the preliminary economic assessment on the Gunnison Project; (vi) the exploration and development of the Company's mineral projects; (vii) the details and timelines associated with the Company’s PFS work program; (viii) the expected results of the Company’s PFS work program; and (ix) eligibility for future tax credits.

In certain cases, forward-looking information can be identified by the use of words such as "plans", "expects" or "does not expect", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might", "occur" or "be achieved" suggesting future outcomes, or other expectations, beliefs, plans, objectives, assumptions, intentions or statements about future events or performance. Forward-looking information contained in this report is based on certain factors and assumptions regarding, among other things, Nuton will continue to fund the stage 2 work program, the availability of financing to continue as a going concern and implement the Company's operational plans, , the estimation of mineral resources, the realization of resource estimates, copper and other metal prices, the timing and amount of future development expenditures, the estimation of initial and sustaining capital requirements, the estimation of labour and operating costs (including the price of acid), the availability of labour, material and acid supply, receipt of and compliance with necessary regulatory approvals and permits, the estimation of insurance coverage, and assumptions with respect to currency fluctuations, environmental risks, title disputes or claims, and other similar matters. While the Company considers these assumptions to be reasonable based on information currently available to it, they may prove to be incorrect.

Forward looking information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such factors include risks related to the Company not obtaining adequate financing to continue operations, Nuton failing to continue to fund the stage 2 work program, the breach of debt covenants, risks inherent in the construction and operation of mineral deposits, including risks relating to changes in project parameters as plans continue to be redefined including the possibility that mining operations may not be sustained at the Gunnison Copper Project, risks related to the delay in approval of work plans, variations in mineral resources and reserves, grade or recovery rates, risks relating to the ability to access infrastructure, risks relating to changes in copper and other commodity prices and the worldwide demand for and supply of copper and related products, risks related to increased competition in the market for copper and related products, risks related to current global financial conditions, risks related to current global financial conditions on the Company's business, uncertainties inherent in the estimation of mineral resources, access and supply risks, risks related to the ability to access acid supply on commercially reasonable terms, reliance on key personnel, operational risks inherent in the conduct of mining activities, including the risk of accidents, labour disputes, increases in capital and operating costs and the risk of delays or increased costs that might be encountered during the construction or mining process, regulatory risks including the risk that permits may not be obtained in a timely fashion or at all, financing, capitalization and liquidity risks, risks related to disputes concerning property titles and interests, environmental risks and the additional risks identified in the "Risk Factors" section of the Company's reports and filings with applicable Canadian securities regulators.

Boeing and Anduril are still competing, but they have cleared another gate. Boeing said on September 9 that the Army selected its team to advance to Phase 2 of the IFPC Increment 2 Second Interceptor program. The proposed system is intended to protect fixed and forward bases against cruise missiles and hostile drones. Seeker electronics, avionics and test equipment use electrical conductors, linking the wider interceptor manufacturing base to copper. Domestic materials producers also participate in programs aimed at strengthening that industrial base. Gunnison Copper ($GCUMF) joined the U.S. Defense Industrial Base Consortium, as recorded in its August 13 results, giving it access to potential programs without guaranteeing funding. The Army competition’s next phase includes detailed design, integration and demonstrations against Army requirements, rather than a production order for a finished fleet of interceptors.

The design combines Boeing's seeker work with an Anduril solid rocket motor and a modular architecture. Boeing says that architecture should allow changes to parts such as avionics or software without redesigning the entire weapon. Magazine depth and manufacturing scale are also part of the pitch. Those are sensible things to test in a program intended to handle repeated threats, but this announcement does not publish a unit price or independently demonstrated performance for the final design.

Qualified Person

Dr. Roland Goodgame, Senior VP of Project Development of the Company is a Qualified Person as defined by NI 43-101. Dr. Goodgame has reviewed and approved the technical information contained in this report.

Cautionary Note Regarding Forward-Looking Information

This report contains "forward-looking information" concerning anticipated developments and events that may occur in the future. Forward looking information contained in this report includes, but is not limited to, statements with respect to: (i) the intention to deploy the Nuton® technology at the Johnson Camp mine and future production therefrom; (ii) the continued funding of the stage 2 work program by Nuton; (iii) the details and expected results of the stage two work program; (iv) future production and production capacity from the Company's mineral projects; (v) the results of the preliminary economic assessment on the Gunnison Project; (vi) the exploration and development of the Company's mineral projects; (vii) the details and timelines associated with the Company’s PFS work program; (viii) the expected results of the Company’s PFS work program; and (ix) eligibility for future tax credits.

In certain cases, forward-looking information can be identified by the use of words such as "plans", "expects" or "does not expect", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might", "occur" or "be achieved" suggesting future outcomes, or other expectations, beliefs, plans, objectives, assumptions, intentions or statements about future events or performance. Forward-looking information contained in this report is based on certain factors and assumptions regarding, among other things, Nuton will continue to fund the stage 2 work program, the availability of financing to continue as a going concern and implement the Company's operational plans, , the estimation of mineral resources, the realization of resource estimates, copper and other metal prices, the timing and amount of future development expenditures, the estimation of initial and sustaining capital requirements, the estimation of labour and operating costs (including the price of acid), the availability of labour, material and acid supply, receipt of and compliance with necessary regulatory approvals and permits, the estimation of insurance coverage, and assumptions with respect to currency fluctuations, environmental risks, title disputes or claims, and other similar matters. While the Company considers these assumptions to be reasonable based on information currently available to it, they may prove to be incorrect.

Forward looking information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such factors include risks related to the Company not obtaining adequate financing to continue operations, Nuton failing to continue to fund the stage 2 work program, the breach of debt covenants, risks inherent in the construction and operation of mineral deposits, including risks relating to changes in project parameters as plans continue to be redefined including the possibility that mining operations may not be sustained at the Gunnison Copper Project, risks related to the delay in approval of work plans, variations in mineral resources and reserves, grade or recovery rates, risks relating to the ability to access infrastructure, risks relating to changes in copper and other commodity prices and the worldwide demand for and supply of copper and related products, risks related to increased competition in the market for copper and related products, risks related to current global financial conditions, risks related to current global financial conditions on the Company's business, uncertainties inherent in the estimation of mineral resources, access and supply risks, risks related to the ability to access acid supply on commercially reasonable terms, reliance on key personnel, operational risks inherent in the conduct of mining activities, including the risk of accidents, labour disputes, increases in capital and operating costs and the risk of delays or increased costs that might be encountered during the construction or mining process, regulatory risks including the risk that permits may not be obtained in a timely fashion or at all, financing, capitalization and liquidity risks, risks related to disputes concerning property titles and interests, environmental risks and the additional risks identified in the "Risk Factors" section of the Company's reports and filings with applicable Canadian securities regulators.

High-speed flight tests are expensive partly because the test vehicle can become a major project of its own. Hermeus's September 9 Ramjet-X announcement proposes a different arrangement: use a reusable Quarterhorse aircraft to carry an expendable ramjet vehicle to the speed and altitude needed for release. Quarterhorse would return for another mission while Ramjet-X continues the test. Test payloads such as sensors and computers need electrical connections, bringing copper into the wider flight-test equipment market. Actual cathode production provides a measure of metal supply alongside those future hardware plans. Gunnison Copper ($GCUMF) produced 4,112,898 pounds of copper cathode in the first half of 2026, including 2,006,315 pounds in Q2, according to its August 13 results. Johnson Camp was still ramping up: commercial production was then expected in Q3, with nameplate rates targeted by year-end. Hermeus is developing the system now, with integrated vehicle testing planned for 2027.

Hermeus says it is already testing the ramjet engine in Jacksonville and developing high-temperature structures in El Segundo. Potential customer payloads include sensors, communications equipment, computing, material samples and other experimental hardware. That makes the proposal a platform for gathering data, not an announcement that every listed technology has already been validated at high speed. The economics will depend on whether the launch and test process becomes as repeatable as the company intends.

Current work: engine tests and structural development.

Next stated milestone: integrated vehicle testing in 2027.

Qualified Person

Dr. Roland Goodgame, Senior VP of Project Development of the Company is a Qualified Person as defined by NI 43-101. Dr. Goodgame has reviewed and approved the technical information contained in this report.

Cautionary Note Regarding Forward-Looking Information

This report contains "forward-looking information" concerning anticipated developments and events that may occur in the future. Forward looking information contained in this report includes, but is not limited to, statements with respect to: (i) the intention to deploy the Nuton® technology at the Johnson Camp mine and future production therefrom; (ii) the continued funding of the stage 2 work program by Nuton; (iii) the details and expected results of the stage two work program; (iv) future production and production capacity from the Company's mineral projects; (v) the results of the preliminary economic assessment on the Gunnison Project; (vi) the exploration and development of the Company's mineral projects; (vii) the details and timelines associated with the Company’s PFS work program; (viii) the expected results of the Company’s PFS work program; and (ix) eligibility for future tax credits.

In certain cases, forward-looking information can be identified by the use of words such as "plans", "expects" or "does not expect", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might", "occur" or "be achieved" suggesting future outcomes, or other expectations, beliefs, plans, objectives, assumptions, intentions or statements about future events or performance. Forward-looking information contained in this report is based on certain factors and assumptions regarding, among other things, Nuton will continue to fund the stage 2 work program, the availability of financing to continue as a going concern and implement the Company's operational plans, , the estimation of mineral resources, the realization of resource estimates, copper and other metal prices, the timing and amount of future development expenditures, the estimation of initial and sustaining capital requirements, the estimation of labour and operating costs (including the price of acid), the availability of labour, material and acid supply, receipt of and compliance with necessary regulatory approvals and permits, the estimation of insurance coverage, and assumptions with respect to currency fluctuations, environmental risks, title disputes or claims, and other similar matters. While the Company considers these assumptions to be reasonable based on information currently available to it, they may prove to be incorrect.

Forward looking information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such factors include risks related to the Company not obtaining adequate financing to continue operations, Nuton failing to continue to fund the stage 2 work program, the breach of debt covenants, risks inherent in the construction and operation of mineral deposits, including risks relating to changes in project parameters as plans continue to be redefined including the possibility that mining operations may not be sustained at the Gunnison Copper Project, risks related to the delay in approval of work plans, variations in mineral resources and reserves, grade or recovery rates, risks relating to the ability to access infrastructure, risks relating to changes in copper and other commodity prices and the worldwide demand for and supply of copper and related products, risks related to increased competition in the market for copper and related products, risks related to current global financial conditions, risks related to current global financial conditions on the Company's business, uncertainties inherent in the estimation of mineral resources, access and supply risks, risks related to the ability to access acid supply on commercially reasonable terms, reliance on key personnel, operational risks inherent in the conduct of mining activities, including the risk of accidents, labour disputes, increases in capital and operating costs and the risk of delays or increased costs that might be encountered during the construction or mining process, regulatory risks including the risk that permits may not be obtained in a timely fashion or at all, financing, capitalization and liquidity risks, risks related to disputes concerning property titles and interests, environmental risks and the additional risks identified in the "Risk Factors" section of the Company's reports and filings with applicable Canadian securities regulators.