Disseminated on behalf of Metalsource Mining Inc. and may include paid advertising.

• Metalsource Mining, advancing the historic Silver Hill Project in North Carolina, is using modern drilling technology to test for a much larger silver-gold-polymetallic system than previous generations ever understood.
• The company reported approximately 22 metres of visually identified polymetallic mineralization in drill hole SH26-45, an 80-metre southern step out at its Silver Hill Project in North Carolina.
• The company says mineralization remains open to the north, south and at depth, with the outer boundaries of the system still to be determined.
• The company is integrating drilling, historical geological information, geophysical surveys, and surface sampling, to refine targets beyond the established mine area.
• Silver Hill is a historically producing polymetallic district, while Metalsource also holds the Byrd-Pilot Mountain gold exploration project elsewhere in North Carolina.

Metalsource Mining (CSE: MSM) (OTCQB: MSMMF) (FSE: E9Z), a mineral exploration company, has identified a further interval of mineralization south of its established drilling area at the Silver Hill Project, reporting approximately 22 metres of visually observed polymetallic mineralization in a hole drilled 80 metres beyond a previous intersection.

The company announced on October 22 that drill hole SH26-45 encountered widespread semi-massive sulphide and vein-style mineralization. The intersection extends exploration beyond the previously drilled footprint and provides additional geological information as Metalsource works toward larger step outs to test the scale of the system (https://ibn.fm/yV0Er).

The interval is reported as core length, not true width. More importantly, laboratory assays were still pending when the company released the results. The visual identification of sulphide mineralization does not establish its metal grades, continuity or economic significance.

The latest result is part of a broader programme to determine how far the Silver Hill mineralized system extends beyond the historic mine area. Metalsource says mineralization remains open to the north, south and at depth, although the limits of the system have not yet been established.

The company is using two drill rigs to pursue different objectives. One is supporting expansion around Silver Hill, including follow-up work to the south and at depth. The second is testing priority targets along the broader trend, with target selection informed by geological interpretation, induced polarization (“IP”) surveys and surface sampling.

Metalsource is also preparing for significantly larger step outs to the north and south. These are intended to test areas farther from the established drilling footprint, rather than simply extending existing drill sections by incremental distances.

Project Geologist Dale Moore said the combination of the 80-metre step out and the length of the mineralized interval provided additional information about the possible southern continuation of the system. He said the company was using successive holes to refine its geological interpretation before committing to larger exploration moves.

“The objective is not simply to keep extending individual drill sections. We are using each hole to refine our understanding of the geology, identify the most prospective directions and build the confidence required to make much larger exploration moves toward expanding the system,” Moore said. “SH26-45 provides another encouraging data point as we continue testing how far the Silver Hill mineralized system may extend.”

Chief Executive Officer Joe Cullen similarly described the intersection as encouraging because mineralization was encountered farther south as the drilling footprint expanded. He emphasized, however, that assays would determine the grades.

“Our confidence in the geological model continues to grow, and that confidence is allowing us to take increasingly larger step outs. We are making excellent progress toward our planned major step outs to the north and south, while our second drill advances targets along the broader trend,” Cullen added. “We have demonstrated high grade mineralization at Silver Hill, and now we are focused on understanding its scale. With multiple assays pending and a growing pipeline of exploration targets, I believe we are entering one of the most exciting phases in the company’s history.”

The October 22 release said analytical results remained outstanding for SH26-45 and several other completed holes. Those results should provide a more substantive basis for evaluating the new intersection and determining how subsequent drilling should be directed.

Metalsource sends samples to ALS Geochemistry in Reno, Nevada, and ALS Canada in Vancouver for analysis. Its stated quality-control procedures include certified reference materials, blanks and duplicate samples. Drill core is split, with one half sent for laboratory analysis and the other retained on site.

The company also cautioned that the exploration results are preliminary and insufficient to define a mineral resource. Further drilling will be required to establish the continuity, geometry and grade distribution of the mineralization. A modern resource estimate remains an objective, not an existing measure of the project’s size or economic potential. 

Silver Hill is located in Davidson County, North Carolina, within the Carolina Terrane. The property covers approximately 1,225 acres, according to the latest company release. Silver was discovered there in 1838, and mining began the following year. The district subsequently produced silver, gold, lead and zinc.

The historic workings and records provide a substantial body of information for current exploration. Metalsource says its geological database includes historic drill-hole records, underground mapping, dumps and underground chip samples. The company’s current interpretation identifies steeply trending mineralized lenses extending to approximately 550 metres below surface, with openings in multiple directions.

The objective of the present programme is to use modern drilling and geological modelling to assess mineralization beyond the areas explored historically. The latest southern intersection adds another data point, but the larger question is whether the mineralized structures continue across a substantially wider area.

Metalsource is also advancing its Byrd-Pilot Mountain Project in central North Carolina. Earlier USGS surveys identified the area as prospective for a porphyry gold-copper system. Subsequent work identified gold mineralization in soils, trenches and shallow reverse-circulation drilling, alongside alteration and geophysical features that the company considers relevant to a possible epithermal or porphyry-related system.

The Meridian discovery zone at Byrd-Pilot has not been drilled since exploration campaigns in the 1980s, according to the company. It therefore represents a separate exploration opportunity, although its potential will require further testing.

For Metalsource, the immediate focus remains Silver Hill. The 22-metre visual intersection in SH26-45 is encouraging evidence that mineralization has been encountered beyond the previously drilled area, but it is not yet a grade result or proof of a larger economic system. The next phase will depend on laboratory assays and the results of the planned step outs. If those results support the current geological interpretation, Metalsource may be able to refine its understanding of the system and identify further areas for drilling. 

For more information, visit the company’s website at www.MetalSourceMining.com.

NOTE TO INVESTORS: The latest news and updates relating to MSMMF are available in the company’s newsroom at https://ibn.fm/MSMMF

Disseminated on behalf of Lahontan Gold Corp. and may include paid advertising.

• A shrinking pipeline of major gold discoveries is placing greater emphasis on established deposits, resource expansion and projects with clearer development pathways.
• S&P Global reports that just nine major gold deposits have reached the 2-million-ounce discovery threshold since 2020, highlighting the growing challenge of replacing future gold supply.
• Lahontan Gold Corp. is advancing its past-producing Santa Fe Mine in Nevada, with an updated preliminary economic assessment outlining an 11-year active mine life and US$820 million post-tax NPV.

The global mining industry faces an increasingly complex challenge: finding and developing enough new deposits to sustain future production. Despite significant investment in exploration and favorable conditions for gold producers, discovering large, economically attractive deposits has become more difficult. As a result, mining companies are looking beyond unexplored territory and toward established assets that offer opportunities for resource expansion, mine-life extensions and renewed production.

A September 2026 analysis from S&P Global Market Intelligence highlighted the growing imbalance between the industry’s appetite for gold and its ability to identify major new deposits. According to the research, only nine deposits discovered since 2020 have reached the 2-million-ounce threshold, containing a combined 38 million ounces of gold. By comparison, major discoveries made between 1990 and 1995 contained approximately 1.3 billion ounces.

The challenge extends beyond discovery itself. S&P Global estimates that the average timeline from discovery to production has grown to approximately 16 years, underscoring the considerable time and investment required to bring new mining projects online. Consequently, exploration and development strategies are increasingly emphasizing known deposits, resource expansion and projects with established geological information.

This shift is also reflected in the strategies of major gold producers. On November 5, AngloGold Ashanti announced plans to invest approximately US$900 million to increase annual production by at least 400,000 ounces by the end of the decade, with much of that growth expected to come from expanding existing operations and leveraging established infrastructure.

Together, these developments highlight an important opportunity within the mining sector: previously productive deposits with additional resource potential can offer another pathway toward strengthening future gold supply.

One company pursuing this opportunity is Lahontan Gold Corp. (TSX.V: LG) (OTCQB: LGCXF), a Dual-listed, Nevada-focused mine development and exploration company advancing its flagship Santa Fe Mine toward a potential return to production.

Located in Nevada’s prolific Walker Lane region, Santa Fe is a past-producing open-pit, heap-leach gold-silver operation that produced approximately 359,202 ounces of gold and 702,067 ounces of silver between 1988 and 1995. The property’s historical production, existing mine infrastructure and substantial mineral resource provide a foundation for Lahontan’s redevelopment strategy.

The company’s progress received a significant boost in October when it announced an updated Preliminary Economic Assessment (“PEA”) for Santa Fe. The study outlined an 11-year active mine life, average annual production of approximately 91,900 gold-equivalent ounces and a projected post-tax net present value of US$820 million at a 5% discount rate, based on assumed gold and silver prices of US$3,600 and US$49 per ounce, respectively.

The assessment also outlined a projected internal rate of return of 40.1% and estimated pre-production capital requirements of US$172 million. These results represent a substantial improvement over the project’s 2024 preliminary economic assessment, reflecting the continued advancement of the asset.

Importantly, the updated study provides a framework for the company’s next development milestones. Lahontan has completed environmental baseline studies and is advancing permitting activities, with the objective of obtaining the necessary federal and state permits to commence construction in 2027.

Beyond the existing resource, the company continues to investigate opportunities to expand the project’s potential. Its exploration activities include evaluating historical heap-leach pads for residual gold and silver mineralization, testing additional mineralized zones and advancing the nearby West Santa Fe satellite project.

In an October 27 corporate update, Lahontan reported completing more than 13,300 meters of drilling across its Santa Fe and West Santa Fe projects during 2026, with additional assay results expected as the programs progress.

As the gold industry works to address the long-term challenge of replacing mineral resources and developing new production, established mining assets with historical production and additional exploration potential are attracting renewed attention. Lahontan’s efforts to advance the Santa Fe Mine reflect this industry opportunity, combining an existing mining operation with an expanded resource base, updated economic assessment and ongoing development work in one of Nevada’s established mining regions.

With its flagship project advancing toward a targeted 2027 construction start, Lahontan Gold is working to position Santa Fe for a new chapter of gold and silver production.

For more information, visit the company’s website at www.LahontanGoldCorp.com.

NOTE TO INVESTORS: The latest news and updates relating to LGCXF are available in the company’s newsroom at ibn.fm/LGCXF

Disseminated on behalf of SPARC AI Inc. and may include paid advertising.

• The Pentagon’s fiscal 2027 budget request includes $53.6 billion, described as a multi-year investment, to expand U.S. drone capabilities and protect service members from adversary unmanned systems.
• SPARC AI reported live testing under GPS jamming 17 kilometers from Ukraine’s front line, while a government ministry in the Middle East flew Overwatch on its own drones under spoofing conditions.
• The company is expanding Overwatch into fixed-wing UAVs through a European manufacturer agreement while advancing fleet-wide intelligence and commercial opportunities in the Middle East.

Military drone budgets are moving from thousands of aircraft to millions. The Pentagon’s fiscal 2027 budget request includes $53.6 billion, described as a multi-year investment, to expand U.S. drone capabilities and protect service members from adversary unmanned systems. Defense Secretary Pete Hegseth told an AUSA panel this month that the department is also seeking roughly $50 billion in one-time reconciliation funding to scale autonomous and robotic systems. The Army has said it expects to buy at least a million drones within two to three years, treating them more like expendable ammunition than exquisite equipment. The same request that funds U.S. drones also funds defenses against adversary ones, and on the battlefields shaping these plans, jamming and spoofing of satellite navigation are routine. Every drone bought at this scale for a contested environment has to keep working when GPS fails.

SPARC AI Inc. (CSE: SPAI) (OTCQB: SPAIF) (FSE: 5OV0) is building for that condition with Overwatch, a positioning service that returns a drone’s location without GPS.

Volume Changes the Navigation Problem

When drones are bought in the hundreds of thousands, the cost and effort of every component multiply. A navigation fix that adds hardware, software or a separate integration program to each airframe has to be repeated across every model and every fleet, then maintained as designs change. Ukraine and Russia were each producing roughly 4 million drones a year by late 2025, according to Reuters, which shows how quickly a per-airframe solution runs into scale limits.

Overwatch takes a different route. The drone keeps its primary navigation, whether GNSS, inertial or visual. When another position source is needed, it sends the telemetry it already generates to Overwatch, hosted in secure data centers, and receives latitude, longitude and time in return. SPARC says the service requires no additional onboard hardware or software, although connecting each aircraft platform still requires integration. The service also handles target location, calculating coordinates for a point of interest on land or water, a task that otherwise calls for a laser rangefinder or lidar.

Testing Where Jamming Is Routine

SPARC AI has taken Overwatch to the environments the new budgets are preparing for. On September 23, the company reported live testing under GPS jamming 17 kilometers from Ukraine’s front line, with Overwatch integrated on a large quadcopter returning aircraft position and target coordinates, including locating a pole more than 600 meters away. SPARC AI says positions in Ukraine were accurate to within one meter. In the Middle East, a government ministry flew Overwatch on its own drones under spoofing conditions, a different threat that feeds a receiver false positions rather than simply cutting the signal.

SPARC AI describes both sets of trials as independently verified, run by operators on their own aircraft and at their own sites. The validating organizations have not been named, and detailed test data has not been published.

From Trials to Procurement

Defense spending reaches suppliers through procurement channels, and SPARC AI is working toward them. The company is pursuing a NATO Stock Number for Overwatch, the cataloging step that lets allied militaries order an item through standard supply systems, though a stock number alone doesn’t constitute procurement approval. After the Ukraine tests, it reported engagements with several drone manufacturers, including on unmanned ground vehicles and fixed-wing aircraft.

On October 26, SPARC AI announced a memorandum of understanding with an unnamed major European drone manufacturer to integrate and independently evaluate Overwatch on two new fixed-wing UAVs. The agreement also incorporates Overwatch Intelligence, the company’s platform for consolidating positioning data from multiple connected aircraft into a unified operational picture. Designed to give mission commanders visibility into aircraft positions, observation data and movement history on a single map, the platform extends the potential application of Overwatch beyond individual drone navigation and toward coordinated fleet operations.

The fixed-wing integration also broadens the technology’s potential aircraft applications. These platforms typically operate over greater distances and for longer durations than multirotor drones, increasing the importance of reliable positioning when GPS signals are unavailable, denied or downgraded. The MOU establishes a path toward potential commercial deployment, subject to successful independent testing and validation. It is not yet a purchase contract, and the company has not disclosed revenue-generating agreements.

Expanding Beyond Defense

The company’s commercial strategy is also extending into the Middle East. Following the reported government drone validation under GPS spoofing conditions, SPARC AI announced an agreement with a regional advisory firm to support and advance defense and commercial activities in the region. The firm is expected to help convert the validation into commercial engagements with government and defense customers.

Beyond military applications, SPARC AI identifies potential opportunities for Overwatch in commercial and emergency-response markets, where reliable positioning can also be important. Examples include operations around critical infrastructure, urban environments where satellite signals may be unreliable, and disaster-response situations. These opportunities could extend the platform’s relevance beyond defense, although commercial adoption and revenue generation remain to be demonstrated.

The business model is built for fleet-scale buying. Overwatch carries an annual fee per connected drone, or a sovereign service fee covering an entire government or agency and can run on government or classified infrastructure inside the customer’s boundary.

What the Spending Surge Means

The scale of planned drone procurement creates an opening for positioning services that can expand without installing new hardware on every aircraft. With reported testing in GPS-denied environments, a European fixed-wing integration program and growing commercial engagement in the Middle East, SPARC AI is pursuing multiple avenues for Overwatch adoption. The next important milestone will be translating those evaluations and commercial discussions into validated deployments and paying customer agreements.

For more information, visit the company’s website at https://sparcai.co.

NOTE TO INVESTORS: The latest news and updates relating to SPAIF are available in the company’s newsroom at https://ibn.fm/SPAIF

• Late last year, the Pentagon launched a $1 billion drone dominance program, with U.S. Secretary of War Pete Hegseth pledging to deliver “tens of thousands of small drones to our force in 2026.”
• As military forces accelerate drone deployment, secure communications, electronic warfare resilience and cybersecurity are becoming increasingly important components of autonomous systems.
• Mobilicom provides an expanding portfolio of hardware and software solutions designed to secure drones, robotics and autonomous platforms, with growing commercial traction among tier-1 manufacturers.

Autonomous drones and other unmanned systems depend on several interconnected technologies to carry out their intended missions. Communications links connect platforms with operators, onboard systems execute mission instructions, and reliable data supports operational decision-making. As military organizations continue to rely on these technologies, protecting the systems and connections supporting autonomous operations is becoming an important consideration.

The threat is not theoretical. A report from the Royal United Services Institute estimated that Ukraine was losing roughly 10,000 aerial drones per month, largely to Russian electronic warfare and counter-drone systems. Russian forces reportedly placed an electronic warfare system about every 10 kilometers along parts of the front.

Demand for small drones is rising despite these challenges. Late last year, the Pentagon launched a $1 billion drone dominance program, with U.S. Secretary of War Pete Hegseth pledging to deliver “tens of thousands of small drones to our force in 2026.” The effort calls for roughly 340,000 small, unmanned aircraft over two years.

The Marine Corps has its own priority. Its Organic Precision Fires-Light program, known as OPF-L, gives infantry squads a backpackable loitering munition capable of striking targets beyond the line of sight. In 2024, the service selected AeroVironment, Anduril and Teledyne FLIR for a potential $249 million, eight-year contract, and in April 2026, it completed OPF-L’s early capability release.

As these programs advance, manufacturers must address several technical requirements involved in deploying autonomous systems. Communications links need to maintain reliable connections, onboard systems must be protected against unauthorized changes, and information transmitted between platforms and operators must remain secure. These considerations become particularly important in environments where electronic warfare and other cyber threats can interfere with mission operations.

That is where Mobilicom (NASDAQ: MOB) is positioning its technology. The company provides cybersecurity, software and hardware solutions for drones, robotics and autonomous platforms, primarily through original equipment manufacturer (“OEM”) relationships. Its portfolio spans secure datalinks, mesh networking, cybersecurity software and ground control systems, addressing several of the technical requirements involved in deploying autonomous platforms at scale.

Among its established offerings, Mobilicom’s SkyHopper datalinks provide bidirectional communications for video, data and control signals, while its ICE cybersecurity software is designed to protect datalinks against cyber threats and electronic warfare attacks, helping maintain secure and reliable communications in contested environments. The company’s broader portfolio also includes OS3, a foundational cybersecurity platform designed to protect autonomous systems from within through capabilities such as access control, configuration hardening, runtime policy enforcement and anomaly detection.

Mobilicom is also expanding its communications capabilities to address the growing complexity of multi-platform operations. Its SwarmiX family of mesh communication solutions is designed for data-heavy missions involving unmanned aerial systems, ground vehicles and other autonomous platforms. The technology features throughput of up to 1 Gbps, multiband frequency agility and electronic warfare resilience, with mesh networking designed to support hundreds of nodes. As military operations incorporate coordinated fleets and drone swarms, these capabilities address a different dimension of the connectivity challenge: keeping multiple autonomous assets communicating reliably across complex and contested radio-frequency environments.

Together, these offerings fit within Mobilicom’s broader Secured Autonomy(TM) framework, which encompasses three complementary areas: secured autonomous platforms, secured autonomous fleets, and secured communications and electronic warfare protection. Rather than addressing cybersecurity as an isolated feature, the framework reflects a wider approach to protecting the systems, networks and communications infrastructure supporting autonomous operations.

The company says its ICE technology can defend against more than 10 types of cyberattacks in real time. Mobilicom also cites its NDAA compliance, Blue UAS Framework selection and inclusion on the FCC’s Trusted Drone list. Those credentials strengthen Mobilicom’s positioning with defense-oriented manufacturers, complementing its growing portfolio of design wins and production orders. Earlier this year, Mobilicom announced $2.2 million in new purchase orders from a large U.S. manufacturer of small drones with more than $5 billion in annual sales. The customer integrates SkyHopper PRO and ICE into loitering munitions sold under OPF-L, a $249 million Department of War program of record. The new orders followed an earlier $1.5 million order and a series of initial orders of approximately $200,000 each. CEO Oren Elkayam described the Program of Record win as a major inflection point for Mobilicom, citing increasingly larger orders at an accelerating pace. 

The bigger story may be how those orders are flowing. During its second-quarter earnings call in August, Mobilicom said the program had shifted to monthly deliveries. Most of the company’s first-half revenue came in the second quarter as a result.

That cadence changes how investors may read the business. Mobilicom’s Director of Finance Liad Gelfer said the backlog decline “reflected shipments rather than weakening demand.” He described the backlog as “throughput rather than a stock of waiting orders.”

Mobilicom wants to replicate that progress across additional programs. One tier-1 platform was on a monthly delivery cadence as of the earnings call, and the company’s 2026 goal is to reach two. That second platform could come from Mobilicom’s existing portfolio of design wins. The company reported nine Tier-1 design wins in the first half, already achieving its full-year target of eight to ten. According to the company, five are in development, three are in initial production and one is in production ramp-up.

Recent wins show the breadth of that pipeline. In May, Mobilicom announced design wins with two U.S. tier-1 drone manufacturers for small reconnaissance platforms using SkyHopper and ICE. A returning Israeli tier-1 customer also selected its technology for a soldier-portable loitering munition, and another partner is advancing through the U.S. Army’s LASSO program.

The company also has the balance sheet to support its expansion efforts. Mobilicom reported first-half 2026 revenue of $1.7 million, up 19% year over year, and $15.2 million in cash with no debt as of June 30. It is also finalizing a U.S. manufacturing partner, with a first U.S. production run planned for 2026.

Design wins are where defense technology suppliers start, but recurring deliveries are where they prove themselves. Mobilicom has crossed that line with one program of record, while its expanding product portfolio addresses the growing security and connectivity requirements of autonomous platforms. Its next test is advancing more of its nine Tier-1 design wins into scaled production and recurring deliveries.

For more information, visit the company’s website at Mobilicom.com.

NOTE TO INVESTORS: The latest news and updates relating to MOB are available in the company’s newsroom at https://ibn.fm/MOB

Disseminated on behalf of LaFleur Minerals Inc. and may include paid advertising.

LaFleur Minerals Inc. (CSE: LFLR) (OTCQB: LFLRF) (FSE: 3WK0) Anticipates Initial Gold Production in Early 2027

• Price Rally:
  Gold rebounded sharply above $4,000/oz—climbing past $4,050–$4,100 per ounce—as the election outcome triggered a softer U.S. dollar and falling Treasury yields.
  J.P. Morgan Global Research projects gold prices to average $6,000 per ounce by the fourth quarter of 2026, with a further extension toward $6,300 per ounce by the end of 2027.
  (https://ibn.fm/OEyBL & https://ibn.fm/Y9lW0)
• Canada-based LaFleur Minerals is preparing to begin processing gold at its Beacon Gold Mill early next year within the renowned Abitibi Greenstone Belt, completing final work on its tailings storage facility.
• LaFleur recently completed an arms-length offtake purchase agreement with international metals trader Ocean Partners UK Limited that will provide a financing facility to help LaFleur avoid the need for raising additional equity before gold production begins.

LaFleur Minerals (CSE: LFLR) (OTCQB: LFLRF) (FSE: 3WK0) continues to wrap up final efforts on its near-term mine-to-mill gold production strategy, anticipating that the company will begin producing gold in early 2027, even as a fluctuating spot gold market has created interest among many investors in “buying the dip” before prices begin an expected rebound with US Midterm election win by Democrats (https://ibn.fm/s9QCK).

LaFleur Minerals owns the fully permitted and refurbished Beacon Gold Mill and tailings storage facility in Val-d’Or, Québec and the nearby Swanson Gold Project, which contains the PEA-stage Swanson Gold Deposit and numerous other gold targets, all located in Eastern Canada’s prolific Abitibi Gold Belt — the nation’s largest gold-producing region. The company has been busy working to recommission its Beacon Gold Mill, while evaluating the development potential of its flagship Swanson Gold Deposit central to the company’s Swanson Gold Project. In September, LaFleur announced that recommissioning work at the Beacon Gold Mill had passed 95% of completion, and that the company was nearing the point of processing existing stockpile on site as an initial test of the mill’s equipment and flowsheet. The recommissioning work is now all but complete. 

Refurbished Mill Ready To Produce

“The mill itself is effectively fully refurbished,” LaFleur CEO Andrew Elinesky said during an interview with the Stocks to Watch webcast published Nov. 4 (https://ibn.fm/NRKcY). “And so, what we’re left with is the remaining work to have the permit status changed by the government,” Elinesky said. “It went from operating status to care and maintenance status and, effectively, the province asked us to do some further work on the tailings storage facility, which we’re about to complete in the coming weeks. And once that’s complete and signed off on by the government, they switch our permit back into an operating status, which will allow us to commence commissioning work.” 

After gold price dropping over the past months to its lowest price in more than a year, the spot price saw an initial bounce back up above $4,000 following news of sweeping wins by the Democratic party in the U.S.’s midterm elections, continuing the fluctuations that have driven market news since February (https://ibn.fm/iQwDw). The rebound in the gold price also highlight LaFleur’s profit readiness thanks to its low base case.

Low Entry Point For A Long Rise

Gold investors are betting that ongoing concerns regarding the global debt crisis will continue to make gold attractive as a safe harbor for wealth (https://ibn.fm/JiEzC). Although inflation can move the Fed to increase their benchmark funds rate, pulling investor money toward treasuries, there is confidence that there will be a powerful long-term drive by various central banks and others to buy and hold gold. This makes gold’s currently low price an attractive entry point for investors with foresight. If so, inexpensive gold mining shares represent even more potential, with operations that are just beginning to actually produce being the ideal choice. 

Price Projections 

J.P. Morgan Global Research has maintained a structurally bullish long-term outlook on precious metals, projecting gold averaging $6,000/oz by Q4 2026 and $6,300/oz by Q4 2027 in broader commodity forecasts, with interim desk targets earlier in the year eyeing progression toward $4,500 to $5,200/oz horizons

LaFleur recently announced that assay results from its regional drilling program within the Swanson Gold Project produced new targets for follow-up drilling to test the continuity of mineralization along strike and down-dip (https://ibn.fm/KanG0). In addition, as the company completes ongoing permitting work to process its first bulk sample from its Swanson property, it has secured an arm’s length definitive gold and silver off-take purchase agreement with international metals trader Ocean Partners UK Limited that allows LaFleur to avoid having to raise additional equity to realize its strategy.

“It’s been a busy year for everybody on the team but the next six months you’re going to see the culmination of those efforts,” Elinesky told Stocks to Watch host Dave Jackson. “Firstly, obviously, we’ve had the refurbishment of the mill. We should see the permits switch back for Beacon into production status or operating status, which will allow us to commission.”

“In the meantime, we will continue to have exploration news as well,” Elinesky added. “Once we get into Q1 of next year, we’re obviously going to see the submission of the closure plan for Swanson and then hopefully some clarity on the timeline for when bulk sample mining activities can commence. The goal there is to work with the province as best we can to allow them to give us the green light to commence bulk sample mining activities as soon as the weather allows us to in late Q1 or early Q2 of next year.”

For more information, visit the company’s website at LaFleurMinerals.com.

NOTE TO INVESTORS: The latest news and updates relating to LFLRF are available in the company’s newsroom at https://ibn.fm/LFLRF

Qualified Person Statement:

All scientific and technical information contained in this article has been reviewed and approved by Marc Ducharme, P.Geo. (OGQ), Vice President of Exploration for the company and considered a Qualified Person for the purposes of NI 43-101.

The programming day of Stocktoberfest presented by Tradr ETFs opened on October 7 at City Winery in New York City with a keynote from Stocktwits Founder and CEO Howard Lindzon, followed by a fireside chat between Lindzon and Barry Ritholtz, Chairman and CIO of Ritholtz Wealth Management.

Lindzon’s keynote set the tone for the day with a live walkthrough of real historical crowd calls, revealed before the market knew how they would turn out, offering a direct look at the kind of crowd-sourced signal Stocktwits was built around. The fireside chat with Ritholtz completed the opening block and kicked off a day of more than a dozen panels and fireside chats.

The sessions that followed were built around two forces Stocktwits sees defining how traders find an edge next: agentic trading and social relative strength. Over the course of the day, the stage covered the evolution of the brokerage model, agentic trading and investing, investor relations in the age of AI, social arbitrage, leveraged and inverse ETFs, prediction markets and crypto, creator-led audience building, private markets, small-cap shareholder strategy, capital allocation, and the role of market narratives.

Ritholtz was part of a speaker lineup that also included Chris Camillo, Anthony Denier, Ted Seides, Matt Markiewicz, Paul Prager, and Andrew Krochulick, among many others. The programming day capped three days in New York that began with a cocktail reception at Dream Downtown on October 5 and continued with golf, tennis, and pickleball at Century Country Club in Purchase, New York, on October 6.

Stocktoberfest 2026 was presented by Title Partner Tradr ETFs, with supporting and on-site partners: Accutron, Alpaca, ArcStone, Carbon Arc, Direxion, IBN, Lowenstein Sandler, Maxim Group, MicroSectors by REX Shares, Nasdaq Private Market, REalloys, Rothschild Wealth Partners, Secfi, VanEck, Voyager Technologies, ZenaTech.

To learn more about Stocktoberfest and stay tuned for next year’s event, visit stocktoberfest.stocktwits.com

• CEO Dr. Sudhir Srivastava, in a recent interview with The Motley Fool , that SS Innovations has performed more than 15,000 procedures using its SSi Mantra robotic surgical systems, including approximately 750 cardiac procedures.
• In addition, more than 200 telesurgeries have been performed using the platform, including 27 cardiac procedures, as the company explores ways to extend specialist surgical expertise to underserved communities.
• Srivastava highlighted the SSi Mantra’s differentiated engineering, including its 4K 3D visualization, surgeon-controlled anatomical imaging and modular design supporting up to five robotic arms.
• SS Innovations is preparing to expand its Indian manufacturing capacity through a planned 10-acre facility, with the objective of bringing additional production capabilities in-house.
• Regulatory applications in Europe and the United States are also progressing, with management targeting international expansion through direct sales and opportunities in ambulatory surgery centers.
• The company is experiencing strong commercial momentum, with first-half 2026 revenue increasing approximately 66% year-over-year to about $25 million.

SS Innovations International (NASDAQ: SSII), a developer of innovative surgical robotic technologies, is seeing increased adoption of its SSi Mantra surgical robotic platform, with CEO Dr. Sudhir Srivastava telling The Motley Fool’s interviewer Rachel Warren that the company’s commercial growth reflects a combination of technological capabilities, clinical experience and affordability (https://ibn.fm/EJk05).

During the interview, Srivastava said the company had performed more than 15,000 procedures using its robotic systems, including approximately 750 cardiac surgeries. He also highlighted the platform’s expanding use across multiple surgical specialties, emphasizing that the SSi Mantra should not be viewed exclusively as a cardiac surgery robot.

The company’s first-half 2026 financial performance provides additional context for that expansion. Revenue increased approximately 66% year over year to about $25 million, according to figures discussed during the interview. Asked what was driving the growth, Srivastava pointed to increasing hospital adoption and the platform’s ability to perform procedures across a broad range of specialties. He argued that hospitals are increasingly questioning why they should pay substantially more for competing systems when comparable capabilities may be available at a lower cost. He also emphasized the company’s relatively rapid development process, saying its engineering team can move from decisions to new product development within months rather than years.

A substantial part of the discussion focused on the engineering philosophy behind the SSi Mantra. Srivastava explained that he wanted to develop a system that differed from conventional robotic platforms, with particular attention to the surgeon’s working environment and the needs of the wider operating-room team.

The surgeon command center features a 32-inch 4K three-dimensional display designed to provide depth perception without requiring surgeons to work in a hunched position. A separate 23-inch touchscreen allows surgeons to access patient imaging, including CT scans, MRI scans and angiograms.

Srivastava also described proprietary software that converts DICOM medical images into three-dimensional anatomical models. Surgeons can manipulate these models, examine anatomical structures and review patient-specific information through the touchscreen. Another feature is the system’s magnetic sensor-based hand controls, which he said provide accurate movement with low latency and a larger working area. The SSi Mantra’s modular configuration allows hospitals to use three, four or five robotic arms. According to Srivastava, the surgeon can control all five arms from the same command center.

He also highlighted the system’s separate vision cart, which provides the operating-room team with the same 3D view available to the surgeon. He said this feature is intended to improve coordination between the surgeon and the bedside team, while supporting training and reducing the potential for instrument-related errors.

One of the most extensive portions of the interview concerned telesurgery, an area in which Srivastava sees considerable potential for the company’s technology. He reported that SS Innovations had completed more than 200 telesurgeries, including 27 cardiac procedures. He described a cardiac operation performed across approximately 10,000 kilometers, with the surgeon operating from Barcelona and the patient located near Bangalore.

Srivastava also recalled an earlier initiative in which 24 telesurgeries were conducted in a single day from the company’s office in India. The procedures involved nine surgeons and four robotic systems, including four cardiac cases.

Srivastava believes remote surgical capabilities could help address the uneven distribution of specialist medical expertise, particularly in smaller cities and communities where patients may otherwise need to travel considerable distances for treatment. He described this approach as decentralizing access to surgery, allowing experienced surgeons to provide assistance remotely through teleproctoring and, where authorized, take control of a procedure when necessary.

Srivastava also discussed the company’s MantrAsana independent tele-surgeon console. He said the chair-based system allows surgeons to operate remotely without occupying a conventional operating-room console. He recalled performing a cardiac procedure from his living room using a separate fiber connection.

India remains SS Innovations’ largest market. Srivastava said the company had installed more than 245 systems overall, with approximately 220 located in India and the remainder distributed across other countries. He highlighted the geographic distribution of those installations, saying nearly 70% of the Indian systems were located in tier-two and tier-three cities. According to Srivastava, these are locations where hospitals might previously have considered robotic surgery financially inaccessible. He attributed adoption to the combination of system performance and a more affordable purchasing proposition.

The company’s commercial model includes outright capital sales, deferred payment arrangements, leasing and pay-per-use agreements. Srivastava estimated that capital purchases represented approximately 60% of sales, with deferred payments accounting for another 20%. Recurring revenue is also generated through surgical instruments, consumables and service agreements. He expects these contributions to increase as the installed base grows and hospitals perform more procedures.

Srivastava said the SSi Mantra is designed and manufactured in India, with the company currently outsourcing certain components while retaining responsibility for software development, final integration and testing. To support anticipated growth, SS Innovations has signed a memorandum of understanding involving approximately 10 acres of land in a neighboring Indian state. The planned manufacturing facility is intended to expand production capacity and bring additional machine tooling and CNC manufacturing capabilities in-house. He said the objective is to establish the facility within the next year to 18 months, improving quality control and reducing production costs and supply-chain exposure.

Artificial intelligence is another development priority. Srivastava described applications that automatically collect surgical data, including console time and the duration of individual procedural steps. The information can support research, surgeon training and the evaluation of surgical techniques. He also discussed early semi-automated capabilities, in which recorded movements can be repeated by the robotic system under controlled conditions. He stressed that the surgeon remains in control, with automation intended to assist rather than replace clinical judgment.

International expansion remains a central objective. Srivastava said European regulatory applications were progressing, with responses to additional questions recently submitted. He expressed hope for European approval in the first quarter of 2027, while acknowledging that regulatory timelines cannot be guaranteed.

For the United States, the company intends to pursue a direct-sales strategy and build its own commercial team. Srivastava identified ambulatory surgery centers as a potential market, noting that many procedures could be performed using the system’s three-arm configuration, potentially making robotic surgery more accessible to smaller facilities.

Looking three to five years ahead, Srivastava said he wants SS Innovations to develop into a broader digital medical technology company rather than remain solely a surgical robotics manufacturer. He indicated that additional products and regulatory initiatives are in development, although he declined to discuss specific projects during the interview.

For more information, visit the company’s website at www.SSInnovations.com.

NOTE TO INVESTORS: The latest news and updates relating to SSII are available in the company’s newsroom at https://ibn.fm/SSII

• MindWave signed three network agreements spanning climate finance, sports media and insurance within 10 days.
• The agreements combine infrastructure development and technical services with potential equity or token allocations.
• The deals highlight MindWave’s strategy of extending a shared blockchain foundation into industry-specific applications.

Apimeds Pharmaceuticals US Inc., through its wholly owned subsidiary MindWave Innovations Inc. (NYSE American: APUS), is expanding its blockchain infrastructure strategy through three agreements covering climate finance, sports media and insurance. The agreements extend MindChain into distinct industry applications while reinforcing MindWave’s focus on building and operating dedicated networks for real-world business workflows.

Rather than developing separate blockchain infrastructure from scratch for every use case, MindWave’s model centers on a shared, EVM-compatible Layer 2 foundation that supports industry-specific networks. The company positions MindChain as the infrastructure layer, with dedicated networks configured to address the operational needs of different sectors.

The three agreements illustrate how the approach is being applied across industries with different requirements for recordkeeping, verification and transactions.

Under a 12-month services agreement, Singapore-based AQUAE Holdings Pte. Ltd. will work with MindWave on AQUAEChain, a platform designed to support the issuance, verification, tracking, transfer and retirement of environmental credits. The agreement provides for service fees and an allocation equivalent to 20% of ALCI Credits issued and outstanding.

A separate 12-month agreement with New York-based Flash Sports and Media Holdings Inc. (OTC: FLZH) covers FlashChain, a dedicated network designed to authenticate sports tickets, record memorabilia transactions and track media assets. MindWave will provide development, network operations and technical support, with compensation including FLZH common shares and an allocation equivalent to 20% of the total FLASH TOKEN supply.

The third agreement, a two-year master agreement with BlockAssure Inc., establishes AssureChain for insurance and reinsurance workflows involving records, policies, claims and payments. MindWave will serve as the exclusive blockchain provider under the agreement, receiving quarterly development fees and an allocation equivalent to 20% of the total AssureCoin supply. The companies have also indicated that individual modules will undergo independent security audits before entering production.

Together, the agreements demonstrate the range of applications MindWave is targeting, from environmental credit tracking to digital ticket authentication and insurance infrastructure. Each project remains subject to its respective implementation requirements, and the agreements alone do not establish the scale or timing of future revenue.

MindWave’s larger strategy also includes managed validator infrastructure and an ecosystem layer through MindWaveDAO. The company describes MindWaveDAO as the community and governance layer around MindChain, while $NILA serves utility and governance functions within the ecosystem. These roles are distinct from MindWave Innovations’ corporate operations and from the independent businesses developing applications on the network.

MindWave is also expanding access to $NILA, which currently uses the BEP-20 token standard. The company has announced plans for exchange access through Pionex; investors should verify current trading availability directly with the exchange. Although $NILA is specified as the native gas token for MindChain, any applicable migration or bridge arrangements should be assessed against the company’s latest published status information.

As MindWave advances these initiatives, the key milestones to watch will include network deployment, technical integration, security review and the transition of projects into production. Their execution will help determine whether the company can turn a shared infrastructure platform into a growing portfolio of industry-specific blockchain services.

For more information, visit the company’s website at MindWaveDAO.com.

NOTE TO INVESTORS: The latest news and updates relating to APUS are available in the company’s newsroom at https://ibn.fm/APUS

One of the programming highlights at Stocktoberfest presented by Tradr ETFs was “Social Arbitrage and the Democratization of Investing,” a fireside chat between Chris Camillo, Investor and Co-Host of DumbMoney.TV, and Stocktwits Founder and CEO Howard Lindzon. The session took place on October 7 at City Winery in New York City, during the programming day of Stocktwits’ flagship annual event.

The conversation centered on a premise at the heart of the Stocktwits community: that social arbitrage has given individual investors a genuine analytical edge over Wall Street’s traditional information advantages. Camillo and Lindzon explored what that edge is made of and where it is headed next.

The topic tied directly to one of the two themes that shaped this year’s programming. Stocktwits built the day around agentic trading and social relative strength. The social side of that equation ran through several sessions, including “Building an Audience the Algorithm Can’t Fake” and “The World of Narratives & AI Trends,” which looked at why institutions increasingly treat the history of retail sentiment as a leading indicator.

The fireside chat also spoke to the makeup of the room. Stocktoberfest 2026 drew more than 350 ticketed guests, including 40 financial creators with a combined audience of more than 11 million followers, alongside top traders, public company executives, data providers, registered investment advisors, and retail analysts.

Stocktoberfest 2026 was presented by Title Partner Tradr ETFs, with supporting and on-site partners: Accutron, Alpaca, ArcStone, Carbon Arc, Direxion, IBN, Lowenstein Sandler, Maxim Group, MicroSectors by REX Shares, Nasdaq Private Market, REalloys, Rothschild Wealth Partners, Secfi, VanEck, Voyager Technologies, ZenaTech.

For more information and to stay tuned for Stocktoberfest 2027, visit stocktoberfest.stocktwits.com

• Wrap Technologies, Inc. has appointed former New York City Police Department Deputy Commissioner Edward Delatorre Jr. to its Board of Directors, effective October 20, 2026.
• Delatorre helped introduce Narcan into NYPD patrol operations, guiding the program from a Staten Island pilot to citywide adoption and later sharing the model with departments nationally and internationally.
• WRAP(R) sees a direct parallel in its own work: making Non-Lethal Response(TM) technology, training and policy a practical, repeatable capability that agencies can adopt and sustain.

When a police officer reaches someone in the middle of an opioid overdose, a single dose of Narcan can mean that person goes home to their family. Today, carrying it is routine for many officers. It became routine because someone did the slower work of building the program around it.

For the NYPD, part of that work was led by Edward Delatorre Jr. Wrap Technologies, Inc. (NASDAQ: WRAP), a provider of non-lethal response technologies and public safety solutions, has appointed Delatorre to its Board of Directors, effective October 20, 2026. The company sees its experience as directly relevant to its next challenge: operationalizing de-escalation.

The Narcan Precedent: From Pilot to Citywide Practice

While commanding NYPD Patrol Borough Staten Island, Delatorre worked with community organizations, elected officials and public safety stakeholders to develop and launch a program that trained and equipped police officers with Narcan, a medication capable of reversing opioid overdoses. The initiative was later adopted citywide, establishing Narcan as an additional emergency response capability for NYPD officers.

The medication itself was only one part of the effort. Putting it in the hands of patrol officers required agency leadership, standardized training, operational policy and institutional acceptance across one of the world’s largest police departments.

Former NYPD Police Commissioner William J. Bratton, who oversaw Delatorre during that period, described the program’s reach, “Under my command, Ed Delatorre demonstrated the kind of leadership it takes to turn a promising idea into meaningful, lasting change. He helped take the NYPD’s Narcan program from a local pilot to citywide implementation, and I later sent him to the Police Executive Research Forum (“PERF”) to help other departments adopt similar programs. What began locally became a model shared nationally and internationally, reflecting Ed’s ability to bring people together, turn ideas into practice, and share lessons that could benefit communities far beyond New York.”

That path from a local pilot to an accepted standard of practice is the one WRAP(R) is working to follow.

Operationalizing De-Escalation

WRAP(R) draws a straightforward comparison. Narcan expanded what officers could do when they encountered a life-threatening medical emergency. BolaWrap(R) 150 is designed to give officers an additional intervention option during certain encounters, potentially reducing the need for more injurious force.

The shared principle is early intervention: equipping officers with additional tools, training and clearly defined procedures to protect lives before an emergency escalates.

BolaWrap(R) 150 uses a Kevlar tether to restrict a subject’s movement from a distance. Rather than relying on pain compliance, it is intended to help officers temporarily limit movement and create an opportunity to gain control, potentially allowing more time for communication, for additional resources to arrive or for a safer resolution to develop.

WRAP(R)’s strategy extends well beyond the device. The company describes an integrated approach that combines non-lethal technology, constitutional policing principles, agency policy, instructor development, digital learning and operational readiness. Its portfolio includes WRAP Reality(TM), an immersive virtual-reality platform where personnel practice communication, judgment and decision-making in simulated encounters, and WRAP Vision(TM), a body-worn camera and digital evidence management platform that supports incident documentation and review.

“With the launch of our operationalized de-escalation program, WRAP(R) is finally in a position to support major cities with an integrated approach that brings together policy, training, and non-lethal technology,” said Scot Cohen, Chief Executive Officer of WRAP(R). “Ed understands what it takes to put new capabilities into practice at scale. His experience will be invaluable as we help departments give officers more options to resolve difficult encounters while protecting the people on both sides of the badge.”

Four Decades of Turning New Capabilities into Practice

Delatorre’s 46-year NYPD career covered several of the functions that determine whether a new capability takes hold inside an agency. He served as Deputy Commissioner of Labor Relations, Chief of Transit, Commanding Officer of Patrol Borough Staten Island and Commanding Officer of the NYPD Police Academy.

As Chief of Transit, he oversaw approximately 2,600 uniformed officers, secured nearly $40 million in federal counterterrorism grants and helped establish an agreement with federal authorities to use the New York City transit system as a testing environment for emerging security technologies. His time leading the Police Academy adds direct experience with the institutional requirements of training, certification, instructor development and sustained readiness.

For agencies evaluating non-lethal options, those are the practical questions: how a capability is evaluated, introduced, trained on and kept current over time. Delatorre has worked through each of them at scale.

“Throughout my career, I’ve seen how much preparation goes into giving officers an option they can confidently use in the field,” said Delatorre. “Equipment, policy, training, and leadership all have to work together. I look forward to bringing that perspective to WRAP(R)’s Board and supporting the company’s work to help agencies prepare their officers for difficult encounters.”

A Board Appointment Aligned with Strategy

The appointment follows other steps WRAP(R) has taken to extend its approach across public safety. In August 2026, the company announced a partnership with XINSURANCE to develop and commercialize the WRAP(R) Safe Response Program, a proposed certified operating standard for organizations that employ or contract private-security personnel. The program is intended to document how security personnel are trained, equipped and prepared to respond before encounters escalate.

Across law enforcement and private security, the common thread is readiness as a coordinated process: prepared personnel, appropriate tools and procedures that hold up under pressure. Adding a director who has guided that process inside one of the largest police departments in the world aligns WRAP(R)’s governance with that strategy. Commercial results will depend on agency adoption, budgets, training effectiveness and the company’s execution.

WRAP(R) believes the history of Narcan offers a lesson for law enforcement innovation: a new technology reaches its full potential once it becomes part of an agency’s established operational framework. Through BolaWrap(R) 150, its Non-Lethal Response(TM) strategy and its expanding training infrastructure, the company is working to give agencies more options for earlier intervention, better decision-making and safer outcomes for officers, subjects and the communities they serve.

For more information, visit the company’s website at wrap.com.

NOTE TO INVESTORS: The latest news and updates relating to WRAP are available in the company’s newsroom at https://ibn.fm/WRAP

About / Disclaimer

This article was produced by IBN Editorial Staff and is intended for informational purposes only. It is not investment advice and should not be relied upon as the basis for any investment decision. Statements attributed to Wrap Technologies Inc. or its management, including any forward-looking statements regarding product adoption, strategy, the contributions of its Board of Directors, or market opportunities, reflect the company’s views and are subject to risks and uncertainties; actual results may differ materially. Readers should conduct their own due diligence and consult a qualified professional. Additional company information is available at wrap.com.