Fitzroy Minerals reports 30.5 m at 2.48% Cu from surface at Buen Retiro project in Chile
Bitget2026/10/05 11:06Fitzroy reported new drill results from Chile’s Buen Retiro copper project, led by 30.5 m at 2.48% Cu from surface at Nativo. Additional intercepts included 18 m at 2.50% Cu from 163 m, including 10 m at 4.00% Cu. 2026 drilling totals reached 22,697 m of diamond drilling, 2,780 m of RC drilling; three rigs remain active. Environmental permit application submission targeted for Q4 2026 alongside a maiden mineral resource estimate and preliminary economic assessment. Pre-feasibility study planned for Q2 2027, including an updated resource estimate and an initial mineral reserve statement for central Tenorita. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Fitzroy Minerals Inc. published the original content used to generate this news brief via TheNewswire (Ref. ID: 202610050700TNWSWRCACNPR_____1BjjFjWO8) on October 05, 2026, and is solely responsible for the information contained therein.
- Fitzroy reported new drill results from Chile’s Buen Retiro copper project, led by 30.5 m at 2.48% Cu from surface at Nativo.
- Additional intercepts included 18 m at 2.50% Cu from 163 m, including 10 m at 4.00% Cu.
- 2026 drilling totals reached 22,697 m of diamond drilling, 2,780 m of RC drilling; three rigs remain active.
- Environmental permit application submission targeted for Q4 2026 alongside a maiden mineral resource estimate and preliminary economic assessment.
- Pre-feasibility study planned for Q2 2027, including an updated resource estimate and an initial mineral reserve statement for central Tenorita.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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Stifel raises the S&P 500 year-end target to 7,900 points
Reuters, October 5 – Stifel has raised its year-end target for the S&P 500 .SPX benchmark index from 7,800 to 7,900, citing expectations of stronger corporate earnings and gains driven by AI spending, despite a worsening macroeconomic environment. Key details include: In a report released on Sunday, the brokerage said robust government spending and AI investments are propelling profit growth. However, it also noted that strong economic activity is keeping interest rates elevated for a longer period. The revised target is 1.9% higher than the index’s current level. Despite rising energy costs, persistent inflation, high bond yields, and cooling enthusiasm for AI, U.S. equities remain resilient. The brokerage stated that sticky inflation is once again dominating market movements, strong economic data is putting pressure on stocks, and the safe-haven appeal of bonds has diminished. “Capital expenditures and operating leverage in the tech sector continue to drive margin expansion in the S&P 500,” the report said. Stifel's forecast is slightly below the consensus among brokerages, many of which predict the S&P 500 will close at 8,000 points or higher by the end of 2026 (link), with the bull market extending into next year. (For ease of non-English speakers, Reuters provides automated translations of its reports into several other languages. Since automated translations may contain errors or lack required context, Reuters does not guarantee the accuracy of the automated translation and provides it solely for readers’ convenience. Reuters will not be liable for any damage or loss arising from the use of the automated translation feature.)