FINWIRES · TerminalLIVE
FINWIRES

Getty Copper Starts 10,000-Meter Spring Drilling Program; Shares Up 14%

-- Getty Copper (GTC.V) on Monday said it launched a 10,000-meter drilling program focused on the Getty North deposit and satellite targets including the Getty South deposit, within its Getty project in British Columbia's Highland Valley District.

The company said two diamond drills will be active for most of the program, and core will be logged and processed at Getty's core shack nearby in Logan Lake.

"Our focus with this program is to test for higher-grade mineralization, expand known mineralized zones, and demonstrate the broader scale potential of the project," said chief executive Ryan O'Regan.

Current planned hole locations are constrained by permitting, and the company is working to increase the available drill locations. Initial holes are planned to be 550 to 650 meters deep.

The company said the drill holes will also collect material to be used for geometallurgical characterization and metallurgical testing, as part of its strategy of advancing the resource potential of the project. Other satellite targets, including Getty West, are also in the process of being evaluated for future drilling as part of its resource and exploration strategy.

Getty Copper said that an additional 4,000 to 6,000 meters of drilling in the latter half of 2026 is planned and may include these satellite exploration targets.

Shares of the company were last seen up $0.025 to $0.20 on the TSX Venture Exchange.

Price: $0.20, Change: $+0.03, Percent Change: +14.29%

Related Articles

Asia

Shakti Pumps (India) Invests INR100 Million in EV Mobility Unit

Shakti Pumps (India) (NSE:SHAKTIPUMP, BOM:531431) said it has invested 100 million Indian rupees in its wholly owned subsidiary Shakti EV Mobility by subscribing to 10 million equity shares, according to a Tuesday filing to the Indian stock exchanges.Shares of the company rose 1% in Wednesday's trade.With this, Shakti Pumps' total investment in the EV mobility unit has increased to 650 million Indian rupees, the filing said.The investment is aimed at supporting business expansion of the subsidiary, it added.

$BOM:531431$NSE:SHAKTIPUMP
Asia

Challenger's Fiscal 2026 Q3 Update Missed Consensus Across Key Life Metrics, Jarden Says

Challenger's (ASX:CGF) fiscal 2026 third-quarter update missed consensus across key Life metrics, with FM outflows significantly worse than expected, driven by institutional equity mandate attrition in both Australian and global equities, according to a Tuesday note by Jarden.The firm's redemption of all CGFPC notes on May 25 simplifies the capital structure, reduces the AT1 coupon burden, and is earnings-per-share accretive.Jarden sees balanced risk/reward for Challenger in the future, with catalysts including capital management flexibility from the Australian Prudential Regulation Authority reform, as well as expanding retirement partnerships across superfunds.It lowered its fiscal 2026 sales forecast to reflect weaker institutional fixed-term sales, partially offset by higher retail annuity sales as partnerships come online.The investment firm retained its neutral rating on Challenger and raised the price target to AU$8.70 per share from AU$8.60 per share.

$ASX:CGF
Asia

Proya Cosmetics 2025 Profit Down 4%, Revenue Slips 2%

Proya Cosmetics (SHA:603605) posted 2025 attributable net profit of 1.50 billion yuan, down 3.5% from 1.55 billion yuan the previous year.Earnings per share slid to 3.80 yuan from 3.92 yuan, according to a Wednesday filing with the Shanghai bourse.Operating revenue declined 1.7% year over year to 10.6 billion yuan from 10.8 billion yuan.Shares of the cosmetics maker were up over 1% in recent trade.

$SHA:603605